N-CSR 1 d313242dncsr.htm WISDOMTREE TRUST WisdomTree Trust

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM N-CSR

 

 

CERTIFIED SHAREHOLDER REPORT OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number 811-21864

 

 

WisdomTree Trust

(Exact name of registrant as specified in charter)

 

 

 

250 West 34th Street, 3rd Floor

New York, NY 10167

(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: June 30

Date of reporting period: June 30, 2022

 

 

Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary, Securities and Exchange Commission, 100 F Street, NE, Washington, DC 20549. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

 

 

 


Item 1. Reports to Stockholders.

 

  (a)

The Reports to Shareholders are attached hereto.

 

  (b)

Not applicable.


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WisdomTree Trust

Annual Report

June 30, 2022

 

International Equity ETFs:

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

WisdomTree Emerging Markets ESG Fund (RESE)

WisdomTree International ESG Fund (RESD)

Fixed Income ETFs:

WisdomTree U.S. Corporate Bond Fund (WFIG)

WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)

WisdomTree U.S. Short-Term Corporate Bond Fund (SFIG)

Efficient Core ETFs:

WisdomTree Emerging Markets Efficient Core Fund (NTSE)

WisdomTree International Efficient Core Fund (NTSI)

WisdomTree U.S. Efficient Core Fund (NTSX)

Megatrends ETFs:

WisdomTree Artificial Intelligence and Innovation Fund (WTAI)

WisdomTree Battery Value Chain and Innovation Fund (WBAT)

WisdomTree BioRevolution Fund (WDNA)

WisdomTree Cloud Computing Fund (WCLD)

WisdomTree Cybersecurity Fund (WCBR)

 


Table of Contents

 

 

Market Environment Overview (unaudited)

       1  

Information about Performance and Shareholder Expense Examples (unaudited)

       4  

Management’s Discussion of Funds’ Performance (unaudited)

       5  

Description of Terms and Indexes (unaudited)

       20  
Schedules of Investments     

WisdomTree Dynamic Currency Hedged International Equity Fund

       24  

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund

       37  

WisdomTree Emerging Markets ESG Fund

       49  

WisdomTree International ESG Fund

       54  

WisdomTree U.S. Corporate Bond Fund

       58  

WisdomTree U.S. High Yield Corporate Bond Fund

       66  

WisdomTree U.S. Short-Term Corporate Bond Fund

       74  

WisdomTree Emerging Markets Efficient Core Fund

       81  

WisdomTree International Efficient Core Fund

       87  

WisdomTree U.S. Efficient Core Fund

       93  

WisdomTree Artificial Intelligence and Innovation Fund

       101  

WisdomTree Battery Value Chain and Innovation Fund

       104  

WisdomTree BioRevolution Fund

       107  

WisdomTree Cloud Computing Fund

       109  

WisdomTree Cybersecurity Fund

       111  

Statements of Assets and Liabilities

       112  

Statements of Operations

       115  

Statements of Changes in Net Assets

       118  

Financial Highlights

       123  

Notes to Financial Statements

       131  

Report of Independent Registered Public Accounting Firm

       148  

Approval of Investment Advisory and Sub-Advisory Agreements (unaudited)

       150  

Liquidity Risk Management Program (unaudited)

       152  

Trustees and Officers Information (unaudited)

       153  

Supplemental Information (unaudited)

       155  

General Information (unaudited)

       157  

“WisdomTree” is a registered mark of WisdomTree Investments, Inc. and is licensed for use by the WisdomTree Trust.

 


Market Environment Overview

(unaudited)

 

U.S. Markets

U.S. equity markets, as measured by the S&P 500 Index (“S&P 500”), returned -10.62% in U.S. dollar terms for the 12-month fiscal period ending June 30, 2022 (the “fiscal period”).

Vaccine accessibility and relatively benign flareups of the novel coronavirus (“COVID-19”) established confidence in markets early on in the fiscal period as the U.S. economy steadily continued its recovery rally. Economic growth remained robust during the latter half of 2021, although inflation rates began to accelerate amid a backdrop of accommodative monetary policy. U.S. real gross domestic product (“GDP”) grew 5.7%, while inflation increased nearly 7% year-over-year during 2021.

During the third quarter of 2021, U.S. markets initially moved higher as vaccines became accessible for most demographics. Shortly thereafter, flareups of new strains with unknown contagiousness and severity soured market sentiment. The S&P 500 managed to stay positive for the quarter, increasing about 0.5%, while small cap equities, as proxied by the Russell 2000 Index (“Russell 2000”), declined about -4.3%. However, the economic recovery slowly continued despite the decline in sentiment, as real GDP grew 2.3% during the quarter.

During the fourth quarter of 2021, markets regained momentum. The U.S. economy continued to grow and the ongoing monetary policy support from the U.S. Federal Reserve (the “Fed”) helped support markets. The S&P 500 returned over 11% to finish the 2021 calendar year, while small caps fluctuated but managed to increase overall by 2.1%. As 2021 concluded, investors acknowledged that the economy had recovered quickly and efficiently, but feared that 2022 would likely see the end of the accommodative monetary policies that helped support equity markets. The U.S. unemployment rate fell below 4% by the end of the 2021 calendar year, coming very close to pre-pandemic lows, and real GDP grew nearly 7% during the quarter. However, inflation rates continued to accelerate as well.

Entering the first quarter of 2022, several concerns led to risk-off sentiments among investors. At the forefront were concerns about runaway inflation, and the expectation that the Fed would have to quickly intervene with restrictive monetary policy actions to tame it. Interest rates rose quickly as bonds sold off, and the Fed raised its target federal funds rate for the first time since slashing it to 0% at the onset of the COVID-19 pandemic in 2020.

However, inflationary and interest rate concerns temporarily took a backseat halfway through the first quarter of 2022, as geopolitical tensions between Russia and Ukraine escalated into war. Investor risk-on sentiment deteriorated, and equities tumbled for several weeks as markets assessed the developments and prospects for a resolution. As a result, U.S. equities sold off during the quarter, owing to the near certainty of several upcoming interest rate hikes amid a tightening cycle and geopolitical tensions between Russia and Ukraine. Though the unemployment rate continued to fall, declining to 3.6%, while the rate of inflation increased to 8.5% year-over-year and real GDP fell by -1.6%. During the first quarter of 2022, the S&P 500 declined -4.6% while small caps declined over -7.5%.

During the second quarter of 2022, market sentiment grew even more pessimistic. Each of the S&P 500 and Russell 2000 fell about 16-17% amid ongoing concerns about inflation data and expected impacts to corporate earnings in the near future. Monthly inflation readings in the 8-9% range loomed over markets, which proved that the Fed’s initial interest rate hikes did little to alleviate price pressures, and more frequent and aggressive rate hikes would be needed. Because of this, markets began to fear that interest rates would have to be raised to a level that would likely tip the economy into recession, which amplified fears and exacerbated market declines. Estimates for real GDP data for the quarter are expected to be very low or perhaps even negative, the latter of which would be the second straight quarter of real GDP declines and may signal a technical recession.

 

WisdomTree Trust      1  


Market Environment Overview

(unaudited) (continued)

 

Many of these risk factors remain paramount, and U.S. financial market performance will be heavily dependent on developments in economic data, commodity prices, and upcoming central bank activity.

Fixed Income

During the fiscal period, U.S. fixed income performance was volatile amid a rapidly transforming economic landscape and changes in investor risk sentiment. The Bloomberg U.S. Aggregate Bond Index, a gauge of the broad U.S. fixed income market, fell about -10.3% during the fiscal period, with nearly the entire decline occurring in the first six months of 2022 amid a rising interest rate environment and record inflation. U.S. Treasury yields, a barometer for domestic interest rates due to its relationship with the Fed funds rate at the short end of the yield curve and future economic growth prospects at the long end, rose while the slope and shape changed throughout the year. Yields on shorter-dated U.S. Treasuries began the period near 0%, commensurate with the Fed’s prevailing monetary policy activity, but finished the fiscal period closer to 3% as U.S. Treasury investors estimated the extent of future rate hikes needed to subdue the highest inflation in four decades. Longer-dated U.S. Treasury yields rose as well, though the 10-year U.S. Treasury yield varied during the period as the market contemplated the possibility that the Fed would have to raise rates high enough to combat historic inflation which could potentially tip the U.S. economy into a recession. The 10-year U.S. Treasury yield began the fiscal period at 1.46%, rose as high as 3.49%, and then fell to 2.98% to conclude the fiscal period. At times, the 10-year U.S. Treasury yield fell below that of shorter-dated rates as well, such as the 2-year U.S. Treasury yield, which caused the yield curve to invert. Typically, an inverted yield curve for a prolonged period is regarded as a recessionary indicator. Bearish economic sentiment weighed on riskier fixed income investments as well, with high yield credit, as proxied by the Bloomberg U.S. Corporate High Yield Index, falling nearly -13% during the fiscal period, as high yield spreads began to climb to their highest level since the early stages of the COVID-19 pandemic of 2020.

International Markets

International equity markets, as measured by the MSCI EAFE Index, a broad measure of equity performance for the developed world outside the U.S. and Canada, declined nearly -18% for the fiscal period.

Currency markets suffered throughout the fiscal period, as all Group of Ten (“G10”) currencies weakened relative to a strong U.S. dollar. The European euro steadily weakened during the fiscal period, as the European region generally experienced slower economic growth than the U.S. and had less of a need for interest rate hikes during the near-term that likely would have helped the struggling currency. Although not in Europe, this effect was even more pronounced in the Japanese yen, which was being suppressed by the Bank of Japan in its attempt to stimulate economic growth through low interest rates while the rest of the global economy was overheating. The Japanese yen weakened slightly for most of the fiscal period, though it sold off considerably during the latter half of the fiscal period to become one of the worst performing currencies. The British pound also weakened versus the U.S. dollar, alongside the Japanese yen, European euro and others.

During the third quarter of 2021, international equities changed directions a few times but finished flat, declining only -0.45% in U.S. dollar terms. Early summertime optimism faded as new and potentially more infectious COVID-19 variants appeared and spread throughout the world. This stoked fear of renewed “lockdowns”, questions of vaccine efficacy, and threatened the ongoing economic recovery.

But investors’ concerns eventually abated during the fourth quarter of 2021. Fears of systemic impacts from the troubles in Chinese real estate markets briefly sent markets into negative territory, but they finished 2021 stronger once their contagion concerns were allayed. International equities ultimately finished the quarter in positive territory, returning 2.69% in U.S. dollar terms.

 

2   WisdomTree Trust


Market Environment Overview

(unaudited) (concluded)

 

Overall, international equities remained relatively flat for the first half of the fiscal period. Though the pace of economic growth improved during 2021, along with the inflation rates around the world amid a global backdrop of accommodative monetary policy, international equities could not catch a strong tailwind and finished 2021 with modest returns.

Entering calendar year 2022, several headwinds weighed on investor sentiment and led to steep declines in international equity markets. At the forefront were concerns about runaway inflation and the expectation that global central banks would have to quickly intervene with restrictive monetary policy actions to tame it. Interest rates around the world rose quickly as bonds sold off, and the Fed kickstarted the global rate hike campaign by raising its target federal funds rate for the first time since slashing it to 0% during the onset of the COVID-19 pandemic in 2020.

Similar to U.S. equities, inflationary and interest rate concerns temporarily took a backseat halfway through the first quarter of 2022, as geopolitical tensions between Russia and Ukraine escalated into war. Investor risk-on sentiment deteriorated and international equities tumbled for several weeks as markets assessed the developments and prospects for a resolution. Meanwhile, a global commodity shortage materialized and exacerbated inflationary pressures in developed regions such as Europe, due to its dependency on Russian energy imports despite coordinated global sanctions and energy embargoes against Russia for its role in the war with Ukraine. As a result, international equities sold off in the first quarter of 2022, owing to the near certainty of several upcoming interest rate hikes amid a tightening cycle, energy supply uncertainty, and indefinite conflict between Russia and Ukraine. International equities declined nearly -6% in U.S. dollar terms, regaining some ground after reaching a -15% low in early March 2022.

During the second quarter of 2022, many of these same fears and sentiments persisted and, in some cases, worsened. During the second quarter of 2022, international equities, as measured by the MSCI EAFE Index, declined over -14.5% in U.S. dollar terms amid the ongoing conflict with Russia and Ukraine, inflationary pressures showing no signs of abating, and an anticipated impact to global corporate earnings. From a central bank standpoint, both the Bank of Japan and European Central Bank have maintained low interest rates so far, with the former reaffirming this accommodative monetary policy stance while the latter is beginning to consider interest rate hikes as a tightening tool.

Many of these risk factors remain paramount, and international equity market performance will be heavily dependent on developments in the war between Russia and Ukraine, economic data, energy pressure abatement, and upcoming central bank activity. International equity markets may also strengthen if global risk sentiment improves and investors determine this fiscal period’s selloff has been overdone.

Each WisdomTree Fund’s performance as set forth in “Management’s Discussion of Funds’ Performance” in the pages that follow should also be viewed in light of the foregoing market environment.

 

WisdomTree Trust      3  


Information about Performance and Shareholder Expense Examples (unaudited)

Performance

The performance tables on the following pages are provided for comparative purposes and represent the period noted. Each Fund’s per share net asset value (“NAV”) is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the midpoint of the bid and ask price for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other exchange traded funds (“ETFs”), NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of a Fund’s portfolio securities.

Fund shares are bought and sold at market price (not NAV) and are not individually redeemed from a Fund. Fund NAV returns are calculated using a Fund’s daily 4:00 p.m. eastern time NAV. Market price returns reflect the midpoint of the bid and ask price as of the close of trading on the exchange where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period of less than one year are cumulative.

Performance is historical and does not guarantee future results. Current performance may be lower or higher than quoted. Investment returns and the principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. For the most recent month-end performance information visit www.wisdomtree.com.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and an index is not available for direct investment. In comparison, the Funds’ performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or taxes that a shareholder would pay on Fund distributions. Past performance is no guarantee of future results.

Shareholder Expense Examples

Each Fund’s performance table is accompanied by a shareholder expense example. As a shareholder of a WisdomTree Fund, you incur two types of cost: (1) transaction costs, including brokerage commissions on purchases and sales of your Fund shares and (2) ongoing costs, including management fees and other Fund expenses. The examples are intended to help you understand your ongoing costs (in dollars and cents) of investing in a Fund and to compare these costs with the ongoing costs of investing in other funds.

The examples are based on an investment of $1,000 invested at the beginning of the period and held for the entire period from January 1, 2022 to June 30, 2022. Except where noted, expenses are calculated using each Fund’s annualized expense ratio (after the effect of contractual or voluntary fee waivers, if any), multiplied by the average account value for the period, multiplied by 181/365 (to reflect the one-half year period). The annualized expense ratio does not include acquired fund fees and expenses (“AFFEs”), which are fees and expenses incurred indirectly by a Fund through its investments in certain underlying investment companies.

Actual expenses

The first line in the shareholder expense example table shown on the following pages provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line for your Fund under the heading entitled “Expenses Paid During the Period” to estimate the expenses you paid on your account during the period.

Hypothetical example for comparison purposes

The second line in the shareholder expense example table shown on the following pages provides information about hypothetical account values and hypothetical expenses based on the Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in your Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.

Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as brokerage commissions paid on purchases and sales of Fund shares. Therefore, the second line in the table is useful in comparing ongoing Fund costs only and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.

 

4   WisdomTree Trust


Management’s Discussion of Funds’ Performance

as of June 30, 2022 (unaudited)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    21.5%  

Industrials

    12.6%  

Materials

    11.5%  

Consumer Staples

    9.7%  

Health Care

    9.7%  

Consumer Discretionary

    7.7%  

Communication Services

    7.5%  

Utilities

    6.2%  

Energy

    5.1%  

Real Estate

    3.7%  

Information Technology

    3.3%  

Other Assets less Liabilities‡

    1.5%  

Total

    100%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

BHP Group Ltd.

    2.9%  

Nestle SA, Registered Shares

    2.1%  

Rio Tinto Ltd.

    1.5%  

Novartis AG, Registered Shares

    1.5%  

Toyota Motor Corp.

    1.2%  

GSK PLC

    1.1%  

Shell PLC

    1.1%  

Nippon Telegraph & Telephone Corp.

    1.1%  

Roche Holding AG

    1.1%  

Commonwealth Bank of Australia

    1.0%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Dynamic Currency Hedged International Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Dynamic Currency Hedged International Equity Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying companies in the industrialized world outside the U.S. and Canada while at the same time dynamically hedging exposure to fluctuations of the value of the applicable foreign currencies relative to the U.S. dollar. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

The Fund returned -4.12% at net asset value (“NAV”) for the fiscal year ended June 30, 2022 (for more complete performance information please see the table below). Despite the negative performance for the fiscal year, all sectors were positive relative contributors to performance due to the Fund’s emphasis on dividend investing in an environment where value investing outperformed the broader market’s decline. The Fund benefitted from positions in the Information Technology, Industrials, and Financials sectors, all of which were primarily due to stock selection effects during a strong period for value investing. The least positive contributor was the Energy sector, due to both stock selection and allocation impacts. Fund performance was also aided by currency movements during the fiscal year. Amid record inflation readings throughout developed equity markets, each of the G10 currencies weakened against the U.S. dollar, which strengthened rapidly as investors expected the Fed to hike interest rates to quell the overheating economy. During the fiscal year, the Fund utilized foreign exchange contracts to dynamically hedge its foreign currency exposures. The Fund was nearly entirely hedged against movements in the Australian dollar, Swiss franc, and Japanese yen during the fiscal year, and more than two-thirds hedged against the European euro and British pound. Overall, the Fund’s use of foreign exchange contracts contributed to Fund performance as each of these currencies weakened relative to the U.S. dollar.

Shareholder Expense Example (for the six-month period ended June 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 925.00        0.40   $ 1.91  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.81        0.40   $ 2.01  

 

Performance

 

 

   
        Average Annual Total Return  
        1 Year      3 Year      5 Year      Since Inception1  

Fund NAV Returns

       -4.12      2.74      3.47      6.19

Fund Market Price Returns

       -3.99      2.79      3.49      6.32

WisdomTree Dynamic Currency Hedged International Equity Index

       -4.08      3.02      3.70      6.37

MSCI EAFE Local Currency Index

       -6.59      4.37      4.27      6.17

MSCI EAFE Index

       -17.77      1.07      2.20      4.81

MSCI EAFE Value Index

       -11.95      0.18      0.52      3.75
1 

Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on January 7, 2016.

 

LOGO

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      5  


Management’s Discussion of Funds’ Performance

as of June 30, 2022 (unaudited)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    22.1%  

Financials

    15.3%  

Materials

    11.7%  

Consumer Discretionary

    10.8%  

Real Estate

    9.4%  

Consumer Staples

    7.3%  

Information Technology

    7.0%  

Communication Services

    4.4%  

Utilities

    3.9%  

Health Care

    3.9%  

Energy

    2.7%  

Other Assets less Liabilities‡

    1.5%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Cia de Distribucion Integral Logista Holdings SA

    1.0%  

PostNL NV

    0.9%  

NetLink NBN Trust

    0.7%  

Ferrexpo PLC

    0.7%  

Diversified Energy Co. PLC

    0.7%  

Metcash Ltd.

    0.7%  

Hutchison Port Holdings Trust

    0.6%  

Shougang Fushan Resources Group Ltd.

    0.6%  

Drax Group PLC

    0.6%  

BFF Bank SpA

    0.5%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Dynamic Currency Hedged International SmallCap Equity Index (the “Index”). In seeking to track the Index, the Fund invests in the small-capitalization segment of dividend-paying companies in the industrialized world outside the U.S. and Canada while at the same time dynamically hedging exposure to fluctuations of the value of the applicable foreign currencies relative to the U.S. dollar. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

The Fund returned -9.78% at net asset value (“NAV”) for the fiscal year ended June 30, 2022 (for more complete performance information please see the table below). Despite the negative performance for the fiscal year, all sectors were positive relative contributors to performance due to the Fund’s emphasis on dividend investing in an environment where value investing outperformed the broader market’s decline. The Fund benefitted from positions in the Information Technology, Industrials, and Consumer Discretionary sectors, all of which were primarily due to stock selection effects during a strong period for value investing. The least positive contributor was the Energy sector, again due to stock selection. Fund performance was also aided by currency movements during the fiscal year. Amid record inflation readings throughout developed equity markets, each of the G10 currencies weakened against the U.S. dollar, which strengthened rapidly as investors expected the Fed to hike interest rates to quell the overheating economy. During the fiscal year, the Fund utilized foreign exchange contracts to dynamically hedge its foreign currency exposures. The Fund was nearly entirely hedged against movements in the Australian dollar, Swiss franc, and Japanese yen during the fiscal year, and more than two-thirds hedged against the European euro and British pound. Overall, the Fund’s use of foreign exchange contracts contributed to Fund performance as each of these currencies weakened relative to the U.S. dollar.

Shareholder Expense Example (for the six-month period ended June 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 873.10        0.48   $ 2.23  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.41        0.48   $ 2.41  

Performance

 

   
        Average Annual Total Return  
        1 Year      3 Year      5 Year      Since Inception1  

Fund NAV Returns

       -9.78      3.89      2.88      6.47

Fund Market Price Returns

       -8.78      4.26      2.93      6.73

WisdomTree Dynamic Currency Hedged International SmallCap Equity Index

       -9.70      4.18      3.27      6.88

MSCI EAFE Small Cap Local Currency Index

       -12.93      4.63      3.89      6.29

MSCI EAFE Small Cap Index

       -23.98      1.12      1.72      4.90

MSCI EAFE Small Cap Value Index

       -18.90      0.81      0.83      4.56
1 

Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on January 7, 2016.

 

LOGO

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

6   WisdomTree Trust


Management’s Discussion of Funds’ Performance

as of June 30, 2022 (unaudited)

WisdomTree Emerging Markets ESG Fund (RESE)

 

Sector Breakdown  

 

Sector   % of Net Assets  

Information Technology

    22.1%  

Financials

    21.0%  

Consumer Discretionary

    18.2%  

Consumer Staples

    9.0%  

Materials

    8.8%  

Communication Services

    7.8%  

Industrials

    6.1%  

Health Care

    4.2%  

Utilities

    2.3%  

Other Assets less Liabilities‡

    0.5%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

 

Top Ten Holdings*

 

Description   % of Net Assets  

Taiwan Semiconductor Manufacturing Co. Ltd.

    6.8%  

Tencent Holdings Ltd.

    4.8%  

Samsung Electronics Co. Ltd.

    3.6%  

Alibaba Group Holding Ltd.

    3.5%  

Infosys Ltd.

    1.2%  

BYD Co. Ltd., Class H

    1.2%  

Ping An Insurance Group Co. of China Ltd., Class H

    1.0%  

Housing Development Finance Corp. Ltd.

    1.0%  

ICICI Bank Ltd.

    0.9%  

America Movil SAB de CV, Series L

    0.8%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Emerging Markets ESG Fund (the “Fund”) is actively managed using a model-based approach seeking capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in equity securities of issuers in emerging markets that exhibit certain characteristics believed to be indicative of positive future returns as well as incorporating favorable environmental, social, and governance (“ESG”) characteristics.

The Fund returned -25.99% at net asset value (“NAV”) for the fiscal year ended June 30, 2022 (for more complete performance information please see the table below). During what was a challenging fiscal year for risk assets and emerging markets in particular, the Fund managed to benefit from positions in the Consumer Discretionary, Communication Services, and Health Care sectors, all of which were primarily due to stock selection effects. A lack of exposure to the Energy sector was a significant detractor in an environment when global energy prices significantly increased due to supply chain issues and global sanctions against Russia due to its war with Ukraine. The Materials and Financials sectors also weighed on the Fund’s performance, owing to stock selection impacts in both.

Shareholder Expense Example (for the six-month period ended June 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 807.80        0.32   $ 1.43  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.21        0.32   $ 1.61  

Performance

 

   
        Average Annual Total Return  
        1 Year      3 Year      5 Year      Since Inception1  

Fund NAV Returns2

       -25.99      -0.76      1.95      5.32

Fund Market Price Returns2

       -25.03      -0.54      1.97      5.50

MSCI Emerging Markets Extended ESG Focus Index3

       -26.42      0.84      N/A        N/A  

MSCI Emerging Markets Index

       -25.28      0.57      2.18      5.95
1 

Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on April 7, 2016.

2 

The Fund’s objectives and strategies changed effective March 16, 2020. Prior to March 16, 2020, Fund performance reflects the investment objective of the Fund when it was the WisdomTree Emerging Markets Dividend Fund (DVEM) and tracked the performance, before fees and expenses, of the WisdomTree Emerging Markets Dividend Index.

3 

The MSCI Emerging Markets Extended ESG Focus Index began on March 27, 2018, and the line graph for the Index begins at the same value as the Fund on that date.

 

LOGO

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      7  


Management’s Discussion of Funds’ Performance

as of June 30, 2022 (unaudited)

WisdomTree International ESG Fund (RESD)

 

Sector Breakdown

Sector   % of Net Assets  

Health Care

    17.0%  

Financials

    15.7%  

Industrials

    14.3%  

Consumer Staples

    14.0%  

Information Technology

    10.2%  

Materials

    10.2%  

Consumer Discretionary

    9.1%  

Utilities

    4.7%  

Communication Services

    4.1%  

Other Assets less Liabilities‡

    0.7%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

 

Top Ten Holdings*

 

Description   % of Net Assets  

Nestle SA, Registered Shares

    3.0%  

Novo Nordisk A/S, Class B

    2.0%  

Roche Holding AG

    2.0%  

Novartis AG, Registered Shares

    1.6%  

SAP SE

    1.3%  

Unilever PLC

    1.3%  

Commonwealth Bank of Australia

    1.2%  

Diageo PLC

    1.1%  

Sanofi

    1.1%  

GSK PLC

    1.1%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree International ESG Fund (the “Fund”) is actively managed using a model-based approach seeking capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in equity securities of issuers in developed markets excluding the U.S. and Canada that exhibit certain characteristics believed to be indicative of positive future returns as well as incorporating favorable environmental, social, and governance (“ESG”) characteristics.

The Fund returned -16.85% at net asset value (“NAV”) for the fiscal year ended June 30, 2022 (for more complete performance information please see the table below). Despite the negative performance for the fiscal year, the Fund benefitted from positions in the Communication Services, Information Technology, and Health Care sectors, all of which were primarily due to stock selection effects. A lack of exposure to the Energy sector was a significant detractor in an environment when global energy prices significantly increased due to supply chain issues and global sanctions against Russia due to its war with Ukraine. The Materials sector also detracted from the Fund’s performance due stock selection effects.

Shareholder Expense Example (for the six-month period ended June 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 810.90        0.30   $ 1.35  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.31        0.30   $ 1.51  

Performance

 

   
        Average Annual Total Return  
        1 Year      3 Year      5 Year      Since Inception1  

Fund NAV Returns2

       -16.85      3.99      4.38      7.20

Fund Market Price Returns2

       -16.80      4.02      4.44      7.24

MSCI EAFE Extended ESG Focus Index3

       -17.99      1.56      N/A        N/A  

MSCI EAFE Index

       -17.77      1.07      2.20      4.69
1 

Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on November 3, 2016.

2 

The Fund’s objective and strategy changed effective March 16, 2020. Prior to March 16, 2020, Fund performance reflects the investment objective of the Fund when it was the WisdomTree Dynamic Currency Hedged International Quality Dividend Growth Fund (DHDG) and tracked the performance, before fees and expenses, of the WisdomTree Dynamic Currency Hedged International Quality Dividend Growth Index.

3 

The MSCI EAFE Extended ESG Focus Index began on March 27, 2018, and the line graph for the Index begins at the same value as the Fund on that date.

 

LOGO

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

8   WisdomTree Trust


Management’s Discussion of Funds’ Performance

as of June 30, 2022 (unaudited)

WisdomTree U.S. Corporate Bond Fund (WFIG)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    28.2%  

Health Care

    15.6%  

Information Technology

    11.5%  

Utilities

    7.6%  

Communication Services

    7.4%  

Consumer Discretionary

    6.8%  

Industrials

    6.7%  

Consumer Staples

    6.3%  

Energy

    3.6%  

Materials

    2.9%  

Real Estate

    1.8%  

U.S. Government Obligations

    0.1%  

Other Assets less Liabilities‡

    1.5%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

 

Top Ten Holdings*  
Description   % of Net Assets  

JPMorgan Chase & Co.,
3.63%, 12/1/27

    1.6%  

Morgan Stanley,
5.00%, 11/24/25

    1.2%  

Oracle Corp.,
5.38%, 7/15/40

    1.1%  

Oracle Corp.,
2.88%, 3/25/31

    1.1%  

Citigroup, Inc.,
4.30%, 11/20/26

    1.1%  

Bank of America Corp.,
1.90%, 7/23/31

    1.0%  

VMware, Inc.,
1.40%, 8/15/26

    0.9%  

Wells Fargo & Co.,
1.65%, 6/2/24

    0.9%  

Dow Chemical Co.,
2.10%, 11/15/30

    0.9%  

Constellation Brands, Inc.,
2.25%, 8/1/31

    0.8%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree U.S. Corporate Bond Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Corporate Bond Index (the “Index”). In seeking to track the Index, the Fund primarily invests in issuers in the U.S. investment grade corporate bond market that are deemed to exhibit favorable fundamentals and opportunities for income. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

The Fund returned -14.83% at net asset value (“NAV”) for the fiscal year ended June 30, 2022 (for more complete performance information please see the table below). During the fiscal year, the Fund did not benefit from a full allocation into corporate bonds when compared to a broad aggregate U.S. bond universe that includes other asset classes like U.S. Treasury bonds, agency debt, and securitized debt. Corporate bonds, in the face of recessionary and inflation driven fears, lagged the broad U.S. aggregate bond market. The Fund concentrates nearly 100% of its weight in debt issued by public corporations and these securities benefit in performance when credit spreads (the difference in yield between U.S. Treasury bonds and another debt security with the same maturity but of lesser quality) tighten. Investment grade corporate bond credit spreads widened consistently by 84% over the fiscal year (0.86% credit spread at the beginning of the fiscal year versus 1.58% credit spread at the end of the fiscal year). Asset classes that are typically described as “risk-on”, like corporate debt, have continued to generate negative performance as the global markets grappled with rampant inflation, global supply chain concerns, global pressures on energy, and lockdowns in China because of the impacts of the COVID-19 pandemic. The Fund’s largest sector weights were in more cyclical sectors like Financials and Utilities, which have generally performed better during this inflation driven markets as compared to the growth-oriented sectors like Technology and Consumer Services. Intermediate levels of duration risk was another significant detractor for the Fund during a period of rising interest rates over the fiscal year. The Fund’s quality screening approach of screening out potential at-risk issuers helped alleviate some performance volatility and downgrade risk.

Shareholder Expense Example (for the six-month period ended June 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 850.00        0.18   $ 0.83  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.90        0.18   $ 0.90  

 

Performance

 

   
        Average Annual Total Return  
        1 Year      3 Year      5 Year      Since Inception1  

Fund NAV Returns

       -14.83      -1.40      0.92      1.29

Fund Market Price Returns

       -14.96      -1.49      1.05      1.27

WisdomTree U.S. Corporate Bond Index

       -14.73      -1.20      1.15      1.61

ICE BofA Merrill Lynch U.S. Corporate Index

       -13.83      -0.81      1.39      1.91
1 

Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on April 27, 2016.

 

LOGO

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      9  


Management’s Discussion of Funds’ Performance

as of June 30, 2022 (unaudited)

WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)

 

Sector Breakdown

 

Sector   % of Net Assets  

Consumer Discretionary

    16.4%  

Communication Services

    16.2%  

Energy

    11.7%  

Health Care

    10.2%  

Industrials

    8.9%  

Financials

    7.9%  

Information Technology

    6.5%  

Consumer Staples

    6.4%  

Real Estate

    5.9%  

Materials

    4.7%  

Utilities

    2.2%  

Other Assets less Liabilities‡

    3.0%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Uniti Group LP / Uniti Fiber Holdings, Inc. / CSL Capital LLC,
7.88%, 2/15/25

    1.1%  

Ford Motor Co.,
5.29%, 12/8/46

    0.8%  

DISH DBS Corp.,
7.75%, 7/1/26

    0.8%  

Frontier Communications Holdings LLC,
5.00%, 5/1/28

    0.7%  

Nationstar Mortgage Holdings, Inc.,
6.00%, 1/15/27

    0.7%  

CSC Holdings LLC,
5.38%, 2/1/28

    0.7%  

Charter Communications Operating LLC / Charter Communications Operating Capital,
3.70%, 4/1/51

    0.7%  

Frontier Communications Holdings LLC,
5.88%, 11/1/29

    0.7%  

MPH Acquisition Holdings LLC, 5.75%, 11/1/28

    0.7%  

Genesis Energy LP / Genesis Energy Finance Corp., 7.75%, 2/1/28

    0.6%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree U.S. High Yield Corporate Bond Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. High Yield Corporate Bond Index (the “Index”). In seeking to track the Index, the Fund primarily invests in issuers in the U.S. non-investment grade corporate bond (“junk bond” or “high yield”) market that are deemed to exhibit favorable fundamentals and opportunities for income. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

The Fund returned -13.16% at net asset value (“NAV”) for the fiscal year ended June 30, 2022 (for more complete performance information please see the table below). During the fiscal year, the Fund did not benefit from a full allocation into high yield corporate bonds when compared to a broad aggregate U.S. bond universe that includes other asset classes like U.S. Treasury bonds, agency debt, and securitized debt. Corporate bonds, in the face of recessionary and inflation driven fears, lagged the broad U.S. aggregate bond market. The Fund concentrates nearly 100% of its weight in debt issued by high yield public corporations and these securities benefit in performance when credit spreads (the difference in yield between U.S. Treasury bonds and another debt security with the same maturity but of lesser quality) tighten. High yield corporate bond credit spreads widened consistently by 85% over the fiscal year (3.04% credit spread at the beginning of the fiscal year versus 5.62% credit spread at the end of the fiscal year). Asset classes that are typically described as “risk-on”, like high yield corporate debt, have continued to generate negative performance as the global markets grappled with rampant inflation, global supply chain concerns, global pressures on energy, and lockdowns in China because of the impacts of the COVID-19 pandemic. One of the driving factors to performance for the Fund came from one of its larger sector weights in Energy, as the energy and commodities sectors broadly have seen relatively better performance over the fiscal year when compared to other sectors. Offsetting much of this was the negative performance impacts due to higher interest rates, which have risen in aggregate over the entire fiscal year. However, high yield corporate bonds tend to be less interest rate sensitive than their investment grade counterparts as they carry with them far less duration risk in the aggregate. The Fund’s quality screening approach of screening out potential at-risk issuers helped alleviate some performance volatility and default risk. In addition, the Fund was underweight to the lowest quality high yield bonds, mainly bonds rated CCC-rated and below, which had worse performance when compared to higher quality high yield securities.

Shareholder Expense Example (for the six-month period ended June 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 855.70        0.38   $ 1.75  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.91        0.38   $ 1.91  

Performance

 

   
        Average Annual Total Return  
        1 Year      3 Year      5 Year      Since Inception1  

Fund NAV Returns

       -13.16      -0.62      1.74      3.24

Fund Market Price Returns

       -13.01      -0.45      2.19      3.31

WisdomTree U.S. High Yield Corporate Bond Index

       -13.22      -0.41      2.05      3.85

ICE BofA Merrill Lynch U.S. High Yield Index

       -12.66      -0.04      1.95      3.94
1 

Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on April 27, 2016.

 

LOGO

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

10   WisdomTree Trust


Management’s Discussion of Funds’ Performance

as of June 30, 2022 (unaudited)

WisdomTree U.S. Short-Term Corporate Bond Fund (SFIG)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    39.1%  

Information Technology

    11.8%  

Health Care

    11.1%  

Consumer Discretionary

    7.1%  

Industrials

    6.5%  

Consumer Staples

    6.0%  

Utilities

    6.0%  

Communication Services

    5.7%  

Energy

    3.1%  

Real Estate

    1.4%  

Materials

    0.8%  

U.S. Government Obligations

    0.1%  

Other Assets less Liabilities‡

    1.3%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Oracle Corp.,
1.65%, 3/25/26

    1.4%  

Capital One Financial Corp.,
4.20%, 10/29/25

    1.3%  

Magallanes, Inc.,
3.64%, 3/15/25

    1.0%  

Morgan Stanley,
3.70%, 10/23/24

    1.0%  

Citigroup, Inc.,
3.20%, 10/21/26

    0.9%  

Dell International LLC / EMC Corp.,
6.02%, 6/15/26

    0.8%  

Bank of America Corp.,
1.66%, 3/11/27

    0.8%  

JPMorgan Chase & Co.,
3.22%, 3/1/25

    0.8%  

Bank of America Corp.,
3.46%, 3/15/25

    0.8%  

JPMorgan Chase & Co.,
2.08%, 4/22/26

    0.8%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree U.S. Short-Term Corporate Bond Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Short-Term Corporate Bond Index (the “Index”). In seeking to track the Index, the Fund primarily invests in issuers in the short-term U.S. investment grade corporate bond market that are deemed to exhibit favorable fundamentals and opportunities for income. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

The Fund returned -6.18% at net asset value (“NAV”) for the fiscal year ended June 30, 2022 (for more complete performance information please see the table below). During the fiscal year, the Fund did not benefit from a full allocation into corporate bonds when compared to a broad aggregate U.S. bond universe that includes other asset classes like U.S. Treasury bonds, agency debt, and securitized debt. Corporate bonds, in the face of recessionary and inflation driven fears, lagged the broad U.S. aggregate bond market. The Fund concentrates nearly 100% of its weight in debt issued by public corporations and these securities benefit in performance when credit spreads (the difference in yield between U.S. Treasury bonds and another debt security with the same maturity but of lesser quality) tighten. Investment grade corporate bond credit spreads widened consistently by 84% over the fiscal year (0.86% credit spread at the beginning of the fiscal year versus 1.58% credit spread at the end of the fiscal year). Asset classes that are typically described as “risk-on”, like corporate debt, have continued to generate negative performance as the global markets grappled with rampant inflation, global supply chain concerns, global pressures on energy, and lockdowns in China because of the impacts of the COVID-19 pandemic. The Fund’s largest sector weights were in more cyclical sectors like Financials and Utilities, which have generally performed better during inflation driven markets as compared to the growth-oriented sectors like Technology and Consumer Services. Intermediate levels of duration risk was another significant detractor from the Fund’s performance during a period of rising interest rates over the fiscal year. However, given that the Fund is targeting shorter term maturities, performance showed relative improvement when compared to longer-term bonds. The Fund’s quality screening approach of screening out potential at-risk issuers helped alleviate some performance volatility and downgrade risk.

Shareholder Expense Example (for the six-month period ended June 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 944.90        0.18   $ 0.87  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.90        0.18   $ 0.90  

Performance

 

   
        Average Annual Total Return  
        1 Year      3 Year      5 Year      Since Inception1  

Fund NAV Returns

       -6.18      -0.05      1.07      1.14

Fund Market Price Returns

       -6.23      -0.09      1.18      1.08

WisdomTree U.S. Short-Term Corporate Bond Index

       -5.97      0.28      1.41      1.54

ICE BofA Merrill Lynch 1-5 year U.S. Corporate Index

       -6.52      0.41      1.54      1.69
1 

Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on April 27, 2016.

 

LOGO

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      11  


Management’s Discussion of Funds’ Performance

as of June 30, 2022 (unaudited)

WisdomTree Emerging Markets Efficient Core Fund (NTSE)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    19.7%  

Financials

    18.2%  

Consumer Discretionary

    15.3%  

Communication Services

    9.9%  

Materials

    7.2%  

Consumer Staples

    5.5%  

Energy

    4.5%  

Industrials

    3.1%  

Health Care

    3.0%  

Utilities

    1.9%  

Real Estate

    1.5%  

Other Assets less Liabilities‡

    10.2%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Taiwan Semiconductor Manufacturing Co. Ltd.

    6.7%  

Tencent Holdings Ltd.

    4.7%  

Samsung Electronics Co. Ltd.

    4.3%  

Alibaba Group Holding Ltd.

    4.0%  

Reliance Industries Ltd.

    1.8%  

Meituan, Class B

    1.7%  

Naspers Ltd., Class N

    1.3%  

Infosys Ltd.

    1.2%  

China Construction Bank Corp., Class H

    1.2%  

Vale SA

    1.2%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Emerging Markets Efficient Core Fund (the “Fund”) is actively managed using a model-based approach seeking total return. The Fund seeks to achieve its investment objective by primarily investing in emerging markets equity securities and U.S. Treasury futures contracts. Under normal circumstances, the Fund will invest approximately 90% of its net assets in emerging market equity securities and the notional exposure to the U.S. Treasury futures contracts’ positions will represent approximately 60% of the Fund’s net assets.

The Fund returned -29.06% at net asset value (“NAV”) for the fiscal year ended June 30, 2022 (for more complete performance information please see the table below). The Fund’s positions in equities and its exposure to fixed income both detracted from performance. Over the course of the fiscal year, emerging market equities generally underperformed as concerns about geopolitical risk in China and Russia weighed on investor sentiment. Emerging market currencies generally depreciated against the U.S. dollar during the fiscal year. The Fund utilized derivatives contracts to obtain broad-based fixed income exposure, employing U.S. Treasury futures contracts, which had negative performance during the fiscal year as U.S. interest rates increased. The enhanced exposure compared to traditional 60% equity and 40% bond portfolios magnified the Fund’s returns and resulted in the overall negative performance of the Fund.

Shareholder Expense Example (for the six-month period ended June 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 778.10        0.32   $ 1.41  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.21        0.32   $ 1.61  

Performance

 

   
        Average Annual Total Return  
        1 Year      Since Inception1  

Fund NAV Returns

       -29.06      -23.49

Fund Market Price Returns

       -29.43      -23.57

MSCI Emerging Markets Index

       -27.20      -22.39
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on May 20, 2021.

 

LOGO

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

12   WisdomTree Trust


Management’s Discussion of Funds’ Performance

as of June 30, 2022 (unaudited)

WisdomTree International Efficient Core Fund (NTSI)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    15.9%  

Health Care

    13.3%  

Industrials

    12.8%  

Consumer Discretionary

    10.5%  

Consumer Staples

    10.1%  

Information Technology

    7.0%  

Materials

    6.9%  

Communication Services

    4.4%  

Energy

    4.3%  

Utilities

    2.7%  

Real Estate

    1.5%  

Other Assets less Liabilities‡

    10.6%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Nestle SA, Registered Shares

    2.4%  

Roche Holding AG

    1.7%  

ASML Holding NV

    1.5%  

Shell PLC

    1.5%  

Toyota Motor Corp.

    1.4%  

Novo Nordisk A/S, Class B

    1.4%  

Novartis AG, Registered Shares

    1.3%  

LVMH Moet Hennessy Louis Vuitton SE

    1.3%  

AstraZeneca PLC

    1.2%  

BHP Group Ltd.

    1.0%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree International Efficient Core Fund (the “Fund”) is actively managed using a model-based approach seeking total return. The Fund seeks to achieve its investment objective by primarily investing in international equity securities and U.S. Treasury futures contracts. Under normal circumstances, the Fund will invest approximately 90% of its net assets in international equity securities and the notional exposure to the U.S. Treasury futures contracts’ positions will represent approximately 60% of the Fund’s net assets.

The Fund returned -20.44% at net asset value (“NAV”) for the fiscal year ended June 30, 2022 (for more complete performance information please see the table below). The Fund’s positions in equities and exposure to fixed income both detracted from performance. Over the course of the fiscal year, international equities generally underperformed as investors grappled with high levels of inflation and Russia’s invasion of Ukraine. Developed market currencies generally depreciated against the U.S. dollar during the fiscal year. The Fund utilized derivatives contracts to obtain broad-based fixed income exposure, through use of U.S. Treasury futures contracts, which had negative performance during the fiscal year as U.S. interest rates increased. The enhanced exposure compared to traditional 60% equity and 40% bond portfolios magnified the Fund’s returns and resulted in the overall negative performance of the Fund.

Shareholder Expense Example (for the six-month period ended June 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 781.90        0.26   $ 1.15  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.51        0.26   $ 1.30  

Performance

 

   
        Average Annual Total Return  
        1 Year      Since Inception1  

Fund NAV Returns

       -20.44      -17.45

Fund Market Price Returns

       -20.70      -17.37

MSCI EAFE Index

       -17.77      -15.35
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on May 20, 2021.

 

LOGO

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      13  


Management’s Discussion of Funds’ Performance

as of June 30, 2022 (unaudited)

WisdomTree U.S. Efficient Core Fund (NTSX)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    24.8%  

Health Care

    13.4%  

Financials

    9.7%  

Consumer Discretionary

    9.5%  

Communication Services

    7.8%  

Industrials

    6.9%  

Consumer Staples

    6.1%  

Energy

    3.9%  

Real Estate

    2.6%  

Utilities

    2.5%  

Materials

    2.2%  

Other Assets less Liabilities‡

    10.6%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Apple, Inc.

    6.0%  

Microsoft Corp.

    5.4%  

Amazon.com, Inc.

    2.7%  

Alphabet, Inc., Class A

    1.7%  

Alphabet, Inc., Class C

    1.7%  

Tesla, Inc.

    1.6%  

UnitedHealth Group, Inc.

    1.3%  

Johnson & Johnson

    1.3%  

Exxon Mobil Corp.

    1.0%  

NVIDIA Corp.

    1.0%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree U.S. Efficient Core Fund (the “Fund”) is actively managed using a model-based approach seeking total return. The Fund seeks to achieve its investment objective by investing in large-capitalization U.S. equity securities and U.S. Treasury futures contracts. Under normal circumstances, the Fund will invest approximately 90% of its net assets in U.S. equity securities and the notional exposure to the U.S. Treasury futures contracts’ positions will represent approximately 60% of the Fund’s net assets.

The Fund returned -16.95% at net asset value (“NAV”) for the fiscal year ended June 30, 2022 (for more complete performance information please see the table below). The Fund’s positions in equities and exposure to fixed income both detracted from performance. Over the course of the fiscal year, U.S. equities generally underperformed as investors grappled with the impact that rate hikes from the U.S. Federal Reserve would have on the market. The Fund utilized derivatives contracts to obtain broad-based fixed income exposure, through use of U.S. Treasury futures contracts, which had negative performance during the fiscal year as U.S. interest rates increased. The enhanced exposure compared to traditional 60% equity and 40% bond portfolios magnified the Fund’s returns and resulted in the overall negative performance of the Fund.

Shareholder Expense Example (for the six-month period ended June 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 757.80        0.20   $ 0.87  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.80        0.20   $ 1.00  

Performance

 

   
      Average Annual Total Return  
      1 Year      3 Year      Since Inception1  

Fund NAV Returns

     -16.95      8.35      8.87

Fund Market Price Returns

     -17.38      8.23      8.77

60% S&P 500® Index / 40% Bloomberg U.S. Aggregate Index Composite

     -9.80      6.35      6.64

S&P 500® Index

     -10.62      10.60      9.66
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on August 2, 2018.

 

LOGO

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

14   WisdomTree Trust


Management’s Discussion of Funds’ Performance

as of June 30, 2022 (unaudited)

WisdomTree Artificial Intelligence and Innovation Fund (WTAI)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    73.2%  

Consumer Discretionary

    11.9%  

Industrials

    5.9%  

Communication Services

    5.5%  

Health Care

    2.5%  

Financials

    0.8%  

Other Assets less Liabilities‡

    0.2%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

PROS Holdings, Inc.

    2.5%  

Macronix International Co. Ltd.

    2.2%  

BrainChip Holdings Ltd.

    2.2%  

Synopsys, Inc.

    2.1%  

Denso Corp.

    2.1%  

FANUC Corp.

    2.1%  

Cadence Design Systems, Inc.

    2.0%  

PKSHA Technology, Inc.

    2.0%  

QUALCOMM, Inc.

    2.0%  

ON Semiconductor Corp.

    1.9%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Artificial Intelligence and Innovation Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Artificial Intelligence & Innovation Index (the “Index”). In seeking to track the Index, the Fund primarily invests in equity securities of exchange-listed companies globally, including developed countries and emerging markets throughout the world, which are primarily involved in the investment theme of “Artificial Intelligence and Innovation”. Artificial intelligence refers to the application of computer systems or robotics to perform tasks that typically require human intelligence, discernment and adaption, such as decision-making, reasoning, learning from past experiences, visual perception, and speech recognition. Innovation refers to those companies that introduce a new, creative, or different (i.e., “innovative”) technologically enabled product or service in seeking to potentially change an industry landscape, as well as companies that service those innovative technologies. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of the securities in the Index whose risk, return and other characteristics resemble the risk, return and other characteristics of the Index as a whole.

The Fund returned -40.36% at net asset value (“NAV”) for the fiscal period ended June 30, 2022 (for more complete performance information please see the table below). During the fiscal period, the Fund’s performance was negatively impacted by its majority allocation to the Information Technology sector, as the Fund concentrates on artificial intelligence and related innovative technologies. The Fund’s lack of exposure to the Energy, Consumer Staples, and Utilities sectors detracted from performance. Security selection within the Financials sector was another detractor, but the underweight allocation to Communication Services sector contributed to the Fund’s performance. The Fund’s exposure to companies with small- and mid-market capitalizations was an additional driver of negative relative performance.

Shareholder Expense Example (for the six-month period ended June 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 611.90        0.45   $ 1.80  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.56        0.45   $ 2.26  

Performance

 

   
        Cumulative Total Return  
        Since Inception1  

Fund NAV Returns

       -40.36

Fund Market Price Returns

       -40.17

WisdomTree Artificial Intelligence & Innovation Index

       -40.29

Nasdaq 100 Index

       -28.58

S&P 500® Information Technology Index

       -26.51
1 

Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on December 9, 2021.

 

LOGO

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      15  


Management’s Discussion of Funds’ Performance

as of June 30, 2022 (unaudited)

WisdomTree Battery Value Chain and Innovation Fund (WBAT)

 

Sector Breakdown

 

Sector   % of Net Assets  

Materials

    40.0%  

Industrials

    36.5%  

Consumer Discretionary

    8.7%  

Information Technology

    8.0%  

Utilities

    3.6%  

Energy

    2.3%  

Health Care

    0.5%  

Other Assets less Liabilities‡

    0.4%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

TDK Corp.

    3.4%  

Contemporary Amperex Technology Co. Ltd., Class A

    3.2%  

Ganfeng Lithium Co. Ltd., Class A

    3.2%  

Camel Group Co. Ltd., Class A

    3.2%  

NARI Technology Co. Ltd., Class A

    2.9%  

BASF SE

    2.9%  

Umicore SA

    2.9%  

Alfen Beheer BV

    2.8%  

Vale Indonesia Tbk PT

    2.8%  

Ningbo Ronbay New Energy Technology Co. Ltd., Class A

    2.5%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Battery Value Chain and Innovation Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Battery Value Chain and Innovation Index (the “Index”). In seeking to track the Index, the Fund invests in companies primarily involved in battery and energy storage solutions that meet the index eligibility requirements. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of the securities in the index whose risk, return and other characteristics resemble the risk, return and other characteristics of the Index as a whole.

The Fund had less than six months of operating history at the end of the reporting period and therefore no discussion of Fund performance or comparative performance information is shown in this shareholder report. Comparative performance information for the most recent month-end is available at www.wisdomtree.com.

Shareholder Expense Example (for the six-month period1 ended June 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual1

   $ 1,000.00      $ 858.00        0.45   $ 1.53  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.56        0.45   $ 2.26  
1 

Fund commenced operations on February 17, 2022. Actual expenses are calculated using the Fund’s annualized expense ratio, multiplied by the average account value for the period, multiplied by 134/365 (to reflect the period since commencement of operations).

 

16   WisdomTree Trust


Management’s Discussion of Funds’ Performance

as of June 30, 2022 (unaudited)

WisdomTree BioRevolution Fund (WDNA)

 

Sector Breakdown

 

Sector   % of Net Assets  

Health Care

    81.8%  

Materials

    9.5%  

Consumer Staples

    5.4%  

Energy

    3.2%  

Other Assets less Liabilities‡

    0.1%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

 

Description   % of Net Assets  

AstraZeneca PLC, ADR

    3.0%  

Eli Lilly & Co.

    3.0%  

Pfizer, Inc.

    2.3%  

Vertex Pharmaceuticals, Inc.

    2.3%  

Thermo Fisher Scientific, Inc.

    2.0%  

GSK PLC

    1.9%  

Merck & Co., Inc.

    1.9%  

PerkinElmer, Inc.

    1.9%  

Archer-Daniels-Midland Co.

    1.9%  

Johnson & Johnson

    1.8%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree BioRevolution Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree BioRevolution Index (the “Index”). In seeking to track the Index, the Fund primarily invests in equity securities of exchange-listed companies globally that will be significantly transformed by advancements in genetics and biotechnology. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of the securities in the Index whose risk, return and other characteristics resemble the risk, return and other characteristics of the Index as a whole.

The Fund returned -34.79% at net asset value (“NAV”) for the fiscal year ended June 30, 2022 (for more complete performance information please see the table below). The Fund’s overweight allocation to the Biotechnology sub-industry was the biggest driver of negative performance in the fiscal year. Exposure to lower market capitalization companies was an additional driver of negative relative performance. The Fund’s lack of exposure to the Communication Services and Consumer Discretionary sectors was a modest benefit to Fund performance over the fiscal year.

Shareholder Expense Example (for the six-month period ended June 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 735.30        0.45   $ 1.94  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.56        0.45   $ 2.26  

Performance

 

   
        Average Annual Total Return  
        1 Year      Since Inception1  

Fund NAV Returns

       -34.79      -28.74

Fund Market Price Returns

       -34.93      -28.78

WisdomTree BioRevolution Index

       -34.51      -28.42

S&P Biotechnology Select Industry Index

       -44.72      -38.87

S&P 500® Health Care Index

       1.73      5.49
1 

Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on June 3, 2021.

 

LOGO

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      17  


Management’s Discussion of Funds’ Performance

as of June 30, 2022 (unaudited)

WisdomTree Cloud Computing Fund (WCLD)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    91.2%  

Health Care

    3.8%  

Communication Services

    2.9%  

Consumer Discretionary

    2.1%  

Other Assets less Liabilities‡

    0.0%

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

 

*

Represents less than 0.1%.

Top Ten Holdings*

 

Description   % of Net Assets  

Sprout Social, Inc., Class A

    2.1%  

Qualys, Inc.

    2.1%  

2U, Inc.

    2.1%  

Definitive Healthcare Corp.

    2.0%  

Crowdstrike Holdings, Inc., Class A

    2.0%  

Tenable Holdings, Inc.

    1.9%  

Box, Inc., Class A

    1.9%  

Blackline, Inc.

    1.8%  

Dropbox, Inc., Class A

    1.8%  

Paycom Software, Inc.

    1.7%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Cloud Computing Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the Bessemer Venture Partners (“BVP”) Nasdaq Emerging Cloud Index (the “Index”). In seeking to track the Index, the Fund invests in emerging public companies primarily involved in providing cloud computing software and services to their customers, which derive the majority of their revenues from business-oriented software products, as determined by BVP. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

The Fund returned -49.85% at net asset value (“NAV”) for the fiscal year ended June 30, 2022 (for more complete performance information please see the table below). During the fiscal year, the Fund’s performance was negatively impacted by its allocation to the Information Technology sector, as the Fund concentrates nearly 100% of its weight in companies within the cloud computing industry. The Fund’s lack of exposure to the Energy, Consumer Staples, and Utilities sectors also detracted from performance. The Fund’s exposure to companies with smaller market capitalizations was an additional driver of negative relative performance. The Fund’s methodology also results in allocations to companies that are not yet profitable. In aggregate, unprofitable companies have not performed well during the fiscal year as the market environment was more favorable toward value-oriented investments.

Shareholder Expense Example (for the six-month period ended June 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 540.40        0.45   $ 1.72  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.56        0.45   $ 2.26  

Performance

 

   
        Average Annual Total Return  
        1 Year      Since Inception1  

Fund NAV Returns

       -49.85      4.05

Fund Market Price Returns

       -50.04      3.99

BVP Nasdaq Emerging Cloud Index

       -49.69      4.45

S&P 500® Information Technology Index

       -13.56      18.28

S&P 500® Growth Index

       -16.41      11.63
1 

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on September 6, 2019.

 

LOGO

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

18   WisdomTree Trust


Management’s Discussion of Funds’ Performance

as of June 30, 2022 (unaudited)

WisdomTree Cybersecurity Fund (WCBR)

 

Country Breakdown

 

Country   % of Net Assets  

United States

    83.6%  

Israel

    4.7%  

Japan

    3.7%  

United Kingdom

    3.5%  

South Korea

    3.1%  

Canada

    1.1%  

Other Assets less Liabilities‡

    0.3%  

Total

    100.0%  

 

The Fund’s country breakdown may change over time. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Sailpoint Technologies Holdings, Inc.

    6.2%  

Palo Alto Networks, Inc.

    5.3%  

Crowdstrike Holdings, Inc., Class A

    5.1%  

Fortinet, Inc.

    4.4%  

ForgeRock, Inc., Class A

    4.4%  

Datadog, Inc., Class A

    4.4%  

Ping Identity Holding Corp.

    4.3%  

Elastic NV

    4.1%  

HashiCorp, Inc., Class A

    3.8%  

Tenable Holdings, Inc.

    3.8%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Cybersecurity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Team8 Cybersecurity Index (the “Index”). In seeking to track the Index, the Fund invests in equity securities of exchange-listed companies globally, which are primarily involved in cybersecurity and security-oriented technology that generate a meaningful part of their revenue from security protocols that prevent intrusion and attacks to systems, networks, applications, computers, and mobile devices and are experiencing revenue growth.

The Fund returned -26.79% at net asset value (“NAV”) for the fiscal year ended June 30, 2022 (for more complete performance information please see the table below). The Fund concentrates 100% of its weight in Information Technology sector stocks that participate in the cybersecurity industry. Exposure to the Information Technology sector was the biggest detractor from performance during the fiscal year as cyclical sectors like Energy, Consumer Staples, and Utilities outperformed. A lack of exposure to the Communication Services and Consumer Discretionary sectors were modestly relative positive contributors to Fund performance over the fiscal year. The Fund’s methodology also results in allocations to companies that are not yet profitable. In aggregate, unprofitable companies have not performed well during the fiscal year as the market environment was more favorable toward value-oriented investments.

Shareholder Expense Example (for the six-month period ended June 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 682.60        0.45   $ 1.88  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.56        0.45   $ 2.26  

Performance

 

   
        Average Annual Total Return  
        1 Year      Since Inception1  

Fund NAV Returns

       -26.79      -19.09

Fund Market Price Returns

       -27.05      -19.15

WisdomTree Team8 Cybersecurity Index

       -26.53      -18.73

S&P 500® Information Technology Index

       -13.56      -1.90

S&P 500® Growth Index

       -16.41      -3.74
1 

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on January 28, 2021.

 

LOGO

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      19  


Description of Terms and Indexes (unaudited)

 

Below are descriptions of certain terms and of each Index referenced in this report:

The 60% S&P 500® Index/40% Bloomberg U.S. Aggregate Index Composite represents a 60% weight to the S&P 500® Index and a 40% weight to the Bloomberg U.S. Aggregate Index. The Bloomberg U.S. Aggregate Index measures the performance of the U.S. investment-grade bond market.

The BVP Nasdaq Emerging Cloud Index is an equally weighted index that is designed to track the performance of emerging public companies primarily involved in providing cloud software and services to their customers.

Cloud computing is a term used to describe the delivery, through the Internet, of computing services, which can include servers, storage, databases, networking, software, analytics, and intelligence.

The ICE BofA Merrill Lynch U.S. Corporate Index tracks the performance of U.S. dollar

denominated investment grade corporate debt publicly issued in the U.S.

The ICE BofA Merrill Lynch U.S. High Yield Index tracks the performance of U.S. dollar

denominated high yield corporate debt securities issued in the U.S.

The ICE BofA Merrill Lynch 1-5 Year U.S. Corporate Index is a subset of the ICE BofA Merrill Lynch U.S. Corporate Index including all securities with a remaining term to final maturity less than 5 years.

The MSCI EAFE Extended ESG Focus Index is designed to maximize exposure to positive environmental, social and governance (ESG) factors while exhibiting risk and return characteristics similar to those of the MSCIEAFE Index, its parent index.

The MSCI EAFE Index is a market cap-weighted index composed of companies

representative of the developed market structure of developed countries in Europe,

Australasia and Japan.

The MSCI EAFE Local Currency Index is a free float-adjusted market capitalization

weighted index that is designed to measure developed market equity performance, excluding the U.S. and Canada, in local currency.

The MSCI EAFE Small Cap Index is a free float-adjusted market capitalization equity index that is designed to measure the performance of small-cap stocks within the developed equity market, excluding the U.S. and Canada.

The MSCI EAFE Small Cap Local Currency Index is a free float-adjusted market capitalization equity index that is designed to measure the performance of small-cap stocks within the developed equity market, excluding the U.S. and Canada, in local currency.

The MSCI EAFE Small Cap Value Index captures small cap securities exhibiting overall value style characteristics across Developed Markets countries, excluding the U.S. and Canada.

The MSCI EAFE Value Index is a free float-adjusted market capitalization index that is designed to measure the performance of “value” stocks within the developed equity market, excluding the U.S. and Canada.

The MSCI Emerging Markets Extended ESG Focus Index is designed to maximize exposure to positive environmental, social and governance (ESG) factors while exhibiting risk and return characteristics similar to those of the MSCI Emerging Markets Index, its parent index.

The MSCI Emerging Markets Index is a free float-adjusted market capitalization index

that is designed to measure emerging markets equity performance.

The MSCI Extended ESG Focus Indexes (the “Indexes”) are designed to maximize their exposure to positive environmental, social and governance (ESG) factors while exhibiting risk and return characteristics similar to those of the underlying market capitalization weighted index.

 

20   WisdomTree Trust


Description of Terms and Indexes (unaudited) (continued)

 

The NASDAQ 100 Index is a large-cap growth index that includes 100 of the largest domestic and international non-financial companies listed on the Nasdaq Stock Market based on market capitalization.

The S&P 500® Growth Index measures the performance of the large-capitalization growth sector of the U.S. equity market.

The S&P 500® Health Care Index is a capitalization weighted index that measures the performance of the members of the GICS Healthcare sector within the S&P 500 Index.

The S&P 500® Index is a capitalization-weighted index of 500 stocks selected by the Standard & Poor’s Index Committee designed to represent the performance of the

leading industries in the United States economy.

The S&P 500® Information Technology Index comprises companies included in the S&P 500® that are classified as members of the GICS® information technology sector.

The S&P Biotechnology Select Industry Index is designed to measure the performance of stocks from the S&P Total Market index that are classified in the GICS biotechnology sub-industry.

The WisdomTree Artificial Intelligence & Innovation Index is designed to measure the performance of companies primarily involved in artificial intelligence and innovation.

The WisdomTree Battery Value Chain and Innovation Index is designed to track the performance of companies primarily involved in battery and energy storage solutions that meet Index eligibility requirements. Battery and energy storage solutions can be defined as technology that captures electric energy in chemical form.

The WisdomTree BioRevolution Index is designed to track performance of companies that will be significantly transformed by advancements in genetics and biotechnology that meet index eligibility requirements.

The WisdomTree Dynamic Currency Hedged International Equity Index is a fundamentally weighted index that measures the performance of dividend-paying companies in the industrialized world, excluding Canada and the United States. To hedge the impact of changes to the value of foreign currencies relative to the U.S. dollar, a currency hedge ratio (ranging from 0% to 100%) is applied monthly using a rules-based process that combines momentum, value, and interest rate signals.

The WisdomTree Dynamic Currency Hedged International SmallCap Equity Index is a fundamentally weighted index that measures the performance of the small-capitalization segment of the dividend-paying market in the industrialized world, excluding Canada and the United States. To hedge the impact of changes to the value of foreign currencies relative to the U.S. dollar, a currency hedge ratio (ranging from 0% to 100%) is applied monthly using a rules-based process that combines momentum, value, and interest rate signals.

The WisdomTree Team8 Cybersecurity Index is designed to track the performance of companies primarily involved in providing cybersecurity-oriented products that meet index eligibility requirements.

The WisdomTree U.S. Corporate Bond Index is a rule-based alternatively weighted index designed to capture the performance of selected issuers in the U.S. investment grade corporate bond market that are deemed to have attractive fundamental and income characteristics. The Index employs a multi-step process, which screens on fundamentals to identify bonds with favorable characteristics and then tilts to those which offer attractive income characteristics. The Index is comprised of U.S. corporate bonds of public issuers domiciled in the United States. To be eligible for inclusion in the Index, debt securities must have fixed coupons with at least $350 million in par amount outstanding and a remaining maturity of at least one year. Component securities must be rated investment grade.

 

WisdomTree Trust      21  


Description of Terms and Indexes (unaudited) (continued)

 

The WisdomTree U.S. High Yield Corporate Bond Index is a rule-based alternatively weighted index designed to capture the performance of selected issuers in the U.S. high yield corporate bond market that are deemed to have attractive fundamental and income characteristics. The Index employs a multi-step process, which screens on fundamentals to identify bonds with favorable characteristics and then tilts to those which offer attractive income characteristics. The Index is comprised of U.S. corporate bonds of public issuers domiciled in the United States. To be eligible for inclusion in the Index, debt securities must have fixed coupons with at least $500 million in par amount outstanding and a remaining maturity of at least one year. Component securities must be rated non-investment grade by at least one rating agency.

The WisdomTree U.S. Short-Term Corporate Bond Index is a rule-based alternatively weighted index designed to capture the performance of selected issuers in the U.S.investment-grade corporate bond market that are deemed to have attractive fundamental and income characteristics. The Index employs a multi-step process, which screens on fundamentals to identify bonds with favorable characteristics and then tilts to those which offer attractive income characteristics. The Index is comprised of U.S. corporate bonds of public issuers domiciled in the United States. To be eligible for inclusion in the Index, debt securities must have fixed coupons with at least $350 million in par amount outstanding and a remaining maturity of at least one year but not more than five years. Component securities must be rated investment grade.

The Global Industry Classification Standard (“GICS”) was developed by and is the exclusive property and a service mark of MSCI Inc. (“MSCI”) and Standard & Poor’s (“S&P”), a division of The McGraw-Hill Companies, Inc. and is licensed for use by WisdomTree Investments, Inc. Neither MSCI, S&P nor any other party involved in making or compiling the GICS or any GICS

classifications makes any express or implied warranties or representations with respect to such standard or classification (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability and fitness for a particular purpose with respect to any such standard or classification. Without limiting any of the foregoing, in no event shall MSCI, S&P, any of their affiliates or any third party involved in making or compiling the GICS or any GICS classifications have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.

Neither MSCI nor any other party involved in or related to compiling, computing or creating the MSCI data makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any such data. Without limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any third party involved in or related to compiling, computing or creating the data have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages. No further distribution or dissemination of the MSCI data is permitted without MSCI’s express written consent.

THE INFORMATION SET FORTH IN THE BVP NASDAQ EMERGING CLOUD INDEX IS NOT INTENDED TO BE, AND SHALL NOT BE REGARDED OR CONSTRUED AS, A RECOMMENDATION FOR A TRANSACTION OR INVESTMENT OR FINANCIAL, TAX, INVESTMENT OR OTHER ADVICE OF ANY KIND BY BESSEMER VENTURE PARTNERS. BESSEMER VENTURE PARTNERS DOES NOT PROVIDE INVESTMENT ADVICE TO WISDOMTREE OR THE FUND, IS NOT AN INVESTMENT ADVISER TO THE FUND AND IS NOT RESPONSIBLE FOR THE PERFORMANCE OF THE FUND.THE FUND IS NOT ISSUED, SPONSORED, ENDORSED OR PROMOTED BY BESSEMER VENTURE PARTNERS. BESSEMER VENTURE PARTNERS MAKES NO WARRANTY OR REPRESENTATION REGARDING THE QUALITY, ACCURACY OR COMPLETENESS OF THE BVP NASDAQ EMERGING CLOUD INDEX, INDEX VALUES OR ANY INDEX RELATED DATA INCLUDED HEREIN, PROVIDED HEREWITH OR DERIVED THEREFROM AND ASSUMES NO LIABILITY IN CONNECTION WITH ITS USE. BESSEMER VENTURE PARTNERS AND/OR POOLED INVESTMENT VEHICLES WHICH IT MANAGES, AND INDIVIDUALS AND ENTITIES

 

22   WisdomTree Trust


Description of Terms and Indexes (unaudited) (concluded)

 

AFFILIATED WITH SUCH VEHICLES, MAY PURCHASE, SELL OR HOLD SECURITIES OF ISSUERS THAT ARE CONSTITUENTS OF THE BVP NASDAQ EMERGING CLOUD INDEX FROM TIME TO TIME AND AT ANY TIME, INCLUDING IN ADVANCE OF OR FOLLOWING AN ISSUER BEING ADDED TO OR REMOVED FROM THE BVP NASDAQ EMERGING CLOUD INDEX.

Nasdaq® and the BVP Nasdaq Emerging Cloud Index are registered trademarks and service marks of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by WisdomTree. The fund has not been passed on by the Corporations as to its legality or suitability. The fund is not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE FUND.

WisdomTree Investments, Inc. and WisdomTree Asset Management, Inc. (together, “WisdomTree”) and the Funds make no representation or warranty, express or implied, to the owners of shares of the Funds or any member of the public regarding the advisability of investing in securities generally or in the Funds particularly or the ability of the underlying Indexes to track the performance of their underlying securities. WisdomTree Investments is the licensor of certain trademarks, service marks and trade names of the Funds. WisdomTree Investments has no obligation to take the needs of the Funds or the owners of shares of the Funds into consideration in determining, composing, or calculating the underlying WisdomTree Indexes of the applicable Funds. WisdomTree Investments is not responsible for, and has not participated in, the determination of the timing of, prices of, or quantities of shares of the Funds to be issued or in the determination or calculation of the equation by which the shares of the Funds are redeemable. WisdomTree and the Funds do not guarantee the accuracy, completeness, or performance of the underlying Indexes or the data included therein and shall have no liability in connection with the underlying Indexes or their calculation.

Index performance information assumes the reinvestment of dividends and excludes

management fees, transaction costs and expenses. You cannot directly invest in an index.

*     *     *     *     *    *

Abbreviations used in the schedules of investments and related tables included in this report are as follows:

 

CURRENCY ABBREVIATIONS:
AUD   Australian dollar    GBP   British pound    SEK   Swedish krona
BRL   Brazilian real    ILS   Israeli new shekel    SGD   Singapore dollar
CHF   Swiss franc    JPY   Japanese yen    TWD   New Taiwan dollar
CLP   Chilean peso    KRW   South Korean won    USD   U.S. dollar
DKK   Danish krone    MYR   Malaysian ringgit     
EUR   Euro    NOK   Norwegian krone     
OTHER ABBREVIATIONS:
ADR   American Depositary Receipt
CVA   Certificaten Van Aandelen (Certificate of Stock)
GDR   Global Depositary Receipt
NVDR   Non-Voting Depositary Receipt
RSP   Risparmio Italian Savings Shares

 

WisdomTree Trust      23  


Schedule of Investments

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

June 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.5%

 

Australia – 12.7%

 

Accent Group Ltd.

     9,902      $ 8,443  

Adairs Ltd.(a)

     6,612        8,684  

Adbri Ltd.

     14,515        24,155  

Ampol Ltd.

     3,331        78,406  

Ansell Ltd.

     2,615        39,992  

APA Group

     18,852        146,100  

ASX Ltd.

     2,312        129,906  

Aurizon Holdings Ltd.

     39,542        103,326  

Australia & New Zealand Banking Group Ltd.

     33,794        511,943  

Bank of Queensland Ltd.(a)

     20,379        93,471  

Beach Energy Ltd.

     31,328        37,161  

Bell Financial Group Ltd.

     67,749        44,957  

Bendigo & Adelaide Bank Ltd.

     20,781        129,611  

BHP Group Ltd.

     172,625        4,896,606  

Brambles Ltd.

     10,693        78,751  

Brickworks Ltd.

     1,928        24,580  

Cardno Ltd.

     1,588        1,758  

Centuria Capital Group

     7,239        9,010  

Cleanaway Waste Management Ltd.

     26,320        45,609  

Cochlear Ltd.

     233        31,836  

Coles Group Ltd.

     17,722        217,042  

Commonwealth Bank of Australia

     26,708        1,659,897  

Computershare Ltd.

     10,113        171,352  

Cromwell Property Group(a)

     191,680        99,516  

CSL Ltd.

     1,527        282,524  

CSR Ltd.

     13,999        39,083  

Dexus(a)

     21,387        130,596  

Dicker Data Ltd.(a)

     2,809        21,325  

Downer EDI Ltd.

     13,469        46,773  

Dusk Group Ltd.

     883        1,014  

Eagers Automotive Ltd.

     3,586        23,969  

Evolution Mining Ltd.

     18,157        29,716  

Fortescue Metals Group Ltd.

     116,488        1,404,205  

Goodman Group(a)

     14,360        176,164  

GPT Group

     34,108        98,977  

Growthpoint Properties Australia Ltd.(a)

     41,680        97,735  

Harvey Norman Holdings Ltd.(a)

     36,135        92,187  

Healius Ltd.

     9,942        25,090  

HT&E Ltd.

     14,796        11,395  

Iluka Resources Ltd.

     3,877        25,167  

Inghams Group Ltd.

     13,934        24,721  

Insignia Financial Ltd.

     13,849        25,618  

Insurance Australia Group Ltd.

     34,050        102,087  

IRESS Ltd.

     7,187        56,884  

IVE Group Ltd.

     9,928        11,742  

JB Hi-Fi Ltd.(a)

     3,037        80,320  

Lendlease Corp. Ltd.

     10,444        65,426  

Lovisa Holdings Ltd.

     2,073        19,686  

Macmahon Holdings Ltd.

     298,710        27,730  

Macquarie Group Ltd.

     3,008        340,281  

Magellan Financial Group Ltd.(a)

     3,131        27,817  

Medibank Pvt Ltd.

     46,074        102,969  

Metcash Ltd.(a)

     42,958      125,250  

Mineral Resources Ltd.

     6,079        201,780  

Mirvac Group(a)

     62,939        85,478  

MyState Ltd.

     7,475        20,972  

National Australia Bank Ltd.

     43,945        827,693  

New Hope Corp. Ltd.(a)

     10,926        25,996  

Newcrest Mining Ltd.

     6,226        89,437  

NIB Holdings Ltd.

     11,606        58,899  

Nick Scali Ltd.(a)

     1,689        9,594  

NRW Holdings Ltd.

     19,996        23,307  

Orora Ltd.

     35,877        90,049  

Pendal Group Ltd.(a)

     15,078        45,828  

Platinum Asset Management Ltd.

     16,571        19,827  

QBE Insurance Group Ltd.

     9,693        80,985  

Ramsay Health Care Ltd.

     2,477        124,750  

Reliance Worldwide Corp. Ltd.

     19,449        54,031  

Resimac Group Ltd.(a)

     44,131        34,899  

Rio Tinto Ltd.

     52,095        3,226,628  

Sandfire Resources Ltd.

     19,171        58,664  

Santos Ltd.

     22,626        115,446  

Scentre Group

     46,845        83,432  

Seven Group Holdings Ltd.

     7,125        81,381  

Sigma Healthcare Ltd.(a)

     9,633        3,842  

Sims Ltd.

     5,940        56,000  

Sonic Healthcare Ltd.

     5,525        125,414  

South32 Ltd.

     53,471        144,871  

Southern Cross Media Group Ltd.

     12,808        8,763  

Stockland(a)

     48,347        120,017  

Suncorp Group Ltd.

     27,367        206,632  

Super Retail Group Ltd.(a)

     12,636        73,771  

Tabcorp Holdings Ltd.

     36,835        26,976  

Telstra Corp. Ltd.

     212,269        561,972  

Ten Sixty Four Ltd.

     2,047        971  

Transurban Group

     29,685        293,537  

Vicinity Centres

     71,182        89,820  

Wesfarmers Ltd.

     16,743        482,524  

Westpac Banking Corp.

     36,426        488,443  

Woodside Energy Group Ltd.

     38,898        851,663  

Woolworths Group Ltd.

     13,643        333,985  

Worley Ltd.

     6,932        67,879  
     

 

 

 
Total Australia

 

     21,404,719  
Austria – 0.7%

 

BAWAG Group AG(b)

     4,205        176,548  

Erste Group Bank AG

     2,183        55,230  

Oesterreichische Post AG(a)

     2,994        85,138  

OMV AG

     6,175        288,955  

POLYTEC Holding AG(a)

     6,443        40,415  

Raiffeisen Bank International AG

     1,839        19,880  

S IMMO AG

     1,067        25,378  

Semperit AG Holding(a)

     1,452        28,022  

Strabag SE, Bearer Shares*

     6,804        288,442  

Telekom Austria AG*

     19,180        127,328  

UNIQA Insurance Group AG

     3,525        24,838  
     

 

 

 
Total Austria

 

     1,160,174  

 

See Notes to Financial Statements.

 

24   WisdomTree Trust


Schedule of Investments (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

June 30, 2022

 

 

 

Investments    Shares      Value  
Belgium – 0.7%

 

Anheuser-Busch InBev SA/NV

     5,734      $ 307,883  

Bekaert SA

     2,561        83,160  

Cofinimmo SA

     1,088        117,840  

Econocom Group SA/NV

     13,181        46,025  

Etablissements Franz Colruyt NV

     1,698        46,066  

KBC Group NV

     1,235        69,127  

Proximus SADP

     8,206        120,663  

Solvay SA

     1,417        114,542  

Telenet Group Holding NV

     6,242        129,274  

UCB SA

     970        81,776  

Warehouses De Pauw CVA

     2,798        87,755  
     

 

 

 
Total Belgium

 

     1,204,111  
China – 1.7%

 

Beijing Enterprises Holdings Ltd.

     16,000        56,888  

BOC Hong Kong Holdings Ltd.

     161,500        638,019  

China Everbright Environment Group Ltd.

     114,666        67,657  

China Merchants Port Holdings Co. Ltd.

     90,000        153,002  

China Nonferrous Mining Corp. Ltd.

     81,000        37,367  

China Power International Development Ltd.

     163,000        103,447  

China Resources Pharmaceutical Group Ltd.(b)

     124,000        84,226  

China Resources Power Holdings Co. Ltd.

     48,000        99,096  

China Taiping Insurance Holdings Co. Ltd.

     50,000        61,680  

CITIC Ltd.

     593,000        600,788  

CSPC Pharmaceutical Group Ltd.

     66,320        65,839  

Fosun International Ltd.

     42,500        39,267  

Guangdong Investment Ltd.

     136,000        143,852  

Lenovo Group Ltd.

     176,000        164,405  

Shanghai Industrial Holdings Ltd.

     39,000        56,361  

Shoucheng Holdings Ltd.

     200,000        30,075  

Shougang Fushan Resources Group Ltd.

     240,000        99,708  

Simcere Pharmaceutical Group Ltd.(b)

     28,000        30,687  

Sino-Ocean Group Holding Ltd.

     277,000        46,949  

Wilmar International Ltd.

     71,100        206,398  

Zensun Enterprises Ltd.*(a)

     75,000        29,629  
     

 

 

 
Total China

 

     2,815,340  
Denmark – 1.5%

 

Alm Brand A/S

     19,884        29,099  

AP Moller — Maersk A/S, Class B

     75        174,549  

Carlsberg A/S, Class B

     646        82,097  

Coloplast A/S, Class B

     1,446        164,331  

D/S Norden A/S

     737        25,488  

Danske Bank A/S*

     7,934        111,871  

DSV A/S

     305        42,500  

Novo Nordisk A/S, Class B

     11,507        1,273,424  

Novozymes A/S, Class B

     1,480        88,633  

Orsted A/S(b)

     1,512        157,697  

Royal Unibrew A/S

     825        72,881  

Scandinavian Tobacco Group A/S, Class A(b)

     4,209        82,129  

Sydbank A/S

     802        24,488  

Topdanmark A/S

     640        33,236  

Tryg A/S

     8,663        194,065  

Vestas Wind Systems A/S

     2,087        43,979  
     

 

 

 
Total Denmark

 

     2,600,467  
Finland – 1.9%

 

Aktia Bank Oyj

     2,630      25,131  

Anora Group Oyj

     3,066        24,809  

Elisa Oyj

     3,402        190,706  

Fiskars Oyj Abp

     3,144        58,967  

Fortum Oyj

     17,782        266,119  

Huhtamaki Oyj

     861        34,025  

Kesko Oyj, Class B

     5,403        127,149  

Kone Oyj, Class B

     5,330        252,757  

Konecranes Oyj

     988        22,951  

Neste Oyj

     4,942        218,238  

Nokian Renkaat Oyj

     2,986        32,560  

Nordea Bank Abp

     124,145        1,090,330  

Orion Oyj, Class B

     2,349        104,615  

Sampo Oyj, Class A

     6,958        302,027  

Stora Enso Oyj, Class R

     5,721        89,506  

UPM-Kymmene Oyj

     7,503        227,555  

Uponor Oyj

     3,395        46,744  

Valmet Oyj

     3,507        85,830  
     

 

 

 
Total Finland

 

     3,200,019  
France – 9.1%

 

Air Liquide SA

     4,782        640,516  

Albioma SA

     487        25,396  

ALD SA(b)

     11,184        130,018  

Amundi SA(b)

     1,394        76,074  

Arkema SA

     802        71,201  

AXA SA

     65,864        1,491,454  

BNP Paribas SA

     17,887        848,324  

Bollore SE

     21,089        97,450  

Bouygues SA

     5,750        176,493  

Bureau Veritas SA

     4,636        118,502  

Capgemini SE

     1,001        171,050  

Carrefour SA(a)

     7,270        128,333  

Chargeurs SA

     637        9,836  

Cie de Saint-Gobain

     5,501        235,475  

Cie Generale des Etablissements Michelin SCA(a)

     5,679        154,216  

Cie Plastic Omnium SA

     2,159        37,310  

Coface SA

     1,240        12,918  

Covivio

     1,328        73,514  

Credit Agricole SA(a)

     56,749        517,995  

Danone SA

     7,222        402,126  

Dassault Systemes SE

     2,558        93,907  

Edenred

     1,874        88,104  

Eiffage SA

     1,774        159,275  

Electricite de France SA

     15,275        124,656  

Engie SA

     32,782        375,826  

EssilorLuxottica SA

     1,742        260,246  

Eurazeo SE

     933        57,646  

Eutelsat Communications SA

     7,187        80,697  

Gecina SA

     1,176        109,421  

Hermes International

     204        227,561  

ICADE

     1,718        83,590  

Ipsen SA

     260        24,477  

 

See Notes to Financial Statements.

 

WisdomTree Trust      25  


Schedule of Investments (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

June 30, 2022

 

 

 

Investments    Shares      Value  

Kering SA

     509      $ 260,799  

Klepierre SA

     4,208        80,770  

L’Oreal SA

     2,732        940,536  

La Francaise des Jeux SAEM(b)

     2,800        96,658  

Legrand SA

     1,802        132,740  

LVMH Moet Hennessy Louis Vuitton SE

     2,513        1,528,251  

Metropole Television SA

     5,840        86,025  

Nexans SA

     309        23,889  

Nexity SA

     2,367        63,102  

Orange SA

     76,862        901,587  

Pernod Ricard SA

     1,441        264,088  

Publicis Groupe SA*

     4,171        203,464  

Remy Cointreau SA

     170        29,627  

Rexel SA

     4,955        76,019  

Rothschild & Co.

     407        13,722  

Rubis SCA

     2,200        51,244  

Sanofi

     14,983        1,509,067  

Schneider Electric SE

     4,880        575,993  

SEB SA

     502        48,047  

Societe BIC SA

     1,229        67,070  

Societe Generale SA

     4,650        101,553  

Teleperformance

     258        79,111  

Television Francaise 1

     5,801        40,967  

Thales SA

     1,654        202,400  

Trigano SA

     488        47,651  

Valeo

     1,756        33,825  

Veolia Environnement SA*(a)

     7,427        180,837  

Verallia SA(b)

     1,942        46,249  

Vinci SA

     5,277        468,711  

Wendel SE

     956        79,706  
     

 

 

 
Total France

 

     15,337,315  
Germany – 7.0%

 

adidas AG

     625        110,269  

Allianz SE, Registered Shares

     6,154        1,171,705  

BASF SE

     14,580        632,951  

Bayer AG, Registered Shares

     12,780        757,827  

Bayerische Motoren Werke AG

     4,626        355,271  

Beiersdorf AG

     952        97,019  

Bilfinger SE

     1,237        36,055  

Brenntag SE

     1,811        117,574  

Covestro AG(b)

     1,763        60,786  

Dermapharm Holding SE

     511        25,376  

Deutsche Boerse AG

     1,160        193,550  

Deutsche Post AG, Registered Shares

     14,921        557,514  

Deutsche Telekom AG, Registered Shares

     58,040        1,149,604  

Deutsche Wohnen SE, Bearer Shares

     2,426        55,646  

DIC Asset AG

     2,088        23,008  

DWS Group GmbH & Co. KGaA(b)

     2,998        78,231  

E.ON SE

     56,804        475,561  

Encavis AG

     1,329        24,280  

Evonik Industries AG

     5,497        117,006  

Freenet AG

     6,908        170,944  

Fresenius SE & Co. KGaA

     3,252        98,254  

GEA Group AG

     1,901        65,366  

Hannover Rueck SE

     1,585      229,500  

Hapag-Lloyd AG(b)

     1,647        425,298  

HeidelbergCement AG

     2,040        97,764  

Hella GmbH & Co. KGaA

     1,078        72,522  

Henkel AG & Co. KGaA

     2,006        122,475  

Hochtief AG

     1,957        95,034  

Infineon Technologies AG

     3,967        95,761  

Knorr-Bremse AG

     936        53,252  

LEG Immobilien SE

     987        81,641  

Mercedes-Benz Group AG, Registered Shares

     7,827        451,851  

Merck KGaA

     566        95,268  

METRO AG*

     9,742        81,987  

Muenchener Rueckversicherungs — Gesellschaft AG in Muenchen, Registered Shares

     1,826        427,996  

ProSiebenSat.1 Media SE

     6,555        60,374  

Rheinmetall AG

     701        161,449  

RWE AG

     5,131        188,176  

SAP SE

     5,900        536,198  

Siemens AG, Registered Shares

     6,730        683,113  

Siemens Healthineers AG(b)

     5,663        287,079  

Software AG

     748        24,727  

Stroeer SE & Co. KGaA

     1,614        72,388  

Suedzucker AG

     1,603        25,775  

TAG Immobilien AG

     1,885        21,461  

Talanx AG*

     4,073        154,655  

Telefonica Deutschland Holding AG

     70,225        201,162  

Traton SE

     3,964        57,852  

Vantage Towers AG

     3,341        92,910  

Volkswagen AG

     1,542        280,341  

Vonovia SE

     5,501        169,080  
     

 

 

 
Total Germany

 

     11,720,886  
Hong Kong – 3.1%

 

AIA Group Ltd.

     63,000        682,832  

Bank of East Asia Ltd.

     44,349        62,395  

CLP Holdings Ltd.

     50,500        418,959  

Dah Sing Banking Group Ltd.

     31,200        25,248  

Hang Lung Group Ltd.

     56,000        105,621  

Hang Lung Properties Ltd.

     73,000        138,428  

Hang Seng Bank Ltd.

     34,300        605,401  

Henderson Land Development Co. Ltd.

     82,000        307,228  

Hong Kong & China Gas Co. Ltd.

     174,816        188,251  

Hong Kong Exchanges & Clearing Ltd.

     8,759        430,865  

Hutchison Port Holdings Trust

     340,900        80,111  

Hysan Development Co. Ltd.

     30,000        90,417  

Link REIT

     26,700        217,766  

MTR Corp. Ltd.

     60,643        316,857  

Power Assets Holdings Ltd.

     60,000        377,344  

Singamas Container Holdings Ltd.

     30,000        4,550  

Sino Land Co. Ltd.

     100,000        147,573  

Sun Hung Kai Properties Ltd.

     43,000        507,981  

Swire Pacific Ltd., Class A

     17,500        104,260  

Swire Pacific Ltd., Class B

     50,000        49,892  

Swire Properties Ltd.

     77,800        193,138  

Techtronic Industries Co. Ltd.

     8,500        88,662  
     

 

 

 
Total Hong Kong

 

     5,143,779  

 

See Notes to Financial Statements.

 

26   WisdomTree Trust


Schedule of Investments (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

June 30, 2022

 

 

 

Investments    Shares      Value  
Ireland – 0.3%

 

CRH PLC

     6,810      $ 234,944  

Kerry Group PLC, Class A

     596        56,913  

Kingspan Group PLC

     404        24,243  

Smurfit Kappa Group PLC(a)

     3,594        120,536  
     

 

 

 
Total Ireland

 

     436,636  
Israel – 0.4%

 

Azrieli Group Ltd.

     1,422        99,235  

Bank Hapoalim BM

     14,191        118,159  

Bank Leumi Le-Israel BM

     14,835        131,527  

Carasso Motors Ltd.

     4,883        23,745  

G City Ltd.

     9,730        55,232  

ICL Group Ltd.

     13,683        123,814  

Mizrahi Tefahot Bank Ltd.

     2,784        91,815  

Shapir Engineering and Industry Ltd.

     3,003        24,438  

Tiv Taam Holdings 1 Ltd.

     24,215        49,700  

Victory Supermarket Chain Ltd.*

     1,654        24,422  
     

 

 

 
Total Israel

 

     742,087  
Italy – 3.5%

 

A2A SpA

     91,300        115,685  

ACEA SpA

     6,382        94,143  

Alerion Cleanpower SpA(a)

     642        20,874  

Anima Holding SpA(a)(b)

     19,303        70,591  

Assicurazioni Generali SpA

     37,754        600,929  

Azimut Holding SpA

     3,639        63,096  

Banca Mediolanum SpA

     20,385        133,794  

Banco BPM SpA

     14,418        40,939  

BFF Bank SpA(b)

     8,593        57,630  

BPER Banca

     24,230        39,707  

Buzzi Unicem SpA

     1,495        24,398  

De’ Longhi SpA

     1,299        24,092  

DiaSorin SpA

     191        25,000  

Enel SpA

     154,135        841,153  

Eni SpA

     59,940        709,861  

ERG SpA

     2,841        88,034  

Esprinet SpA(a)

     1,396        9,975  

Ferrari NV

     509        93,230  

Hera SpA

     26,450        76,320  

Infrastrutture Wireless Italiane SpA(b)

     14,631        148,126  

Intesa Sanpaolo SpA

     407,620        758,540  

Iren SpA*

     45,676        99,515  

Italgas SpA(a)

     19,825        115,133  

Mediobanca Banca di Credito Finanziario SpA

     22,161        191,323  

Piaggio & C. SpA

     10,402        24,294  

Poste Italiane SpA(b)

     20,447        190,506  

Recordati Industria Chimica e Farmaceutica SpA

     2,056        89,223  

Snam SpA

     72,225        377,463  

Telecom Italia SpA*

     168,183        43,904  

Terna – Rete Elettrica Nazionale

     35,469        277,663  

UniCredit SpA

     6,658        63,098  

Unieuro SpA(a)(b)

     1,631        25,270  

Unipol Gruppo SpA

     22,579        102,352  

UnipolSai Assicurazioni SpA(a)

     73,320        175,074  

Webuild SpA(a)

     17,481        27,029  
     

 

 

 
Total Italy

 

     5,837,964  
Japan – 21.5%

 

&Do Holdings Co. Ltd.*

     5,600      33,842  

Advan Group Co. Ltd.

     7,200        41,868  

Advantest Corp.

     1,500        80,159  

Aeon Co. Ltd.

     4,400        76,240  

AEON Financial Service Co. Ltd.

     7,500        70,553  

AGC, Inc.(a)

     2,600        91,289  

Aica Kogyo Co. Ltd.

     1,300        27,099  

Aichi Steel Corp.

     1,100        16,874  

Aisin Corp.

     3,100        95,837  

Ajinomoto Co., Inc.

     4,500        109,308  

Akatsuki, Inc.(a)

     600        12,017  

Akita Bank Ltd.

     1,500        18,284  

Aruhi Corp.

     4,300        32,031  

Asahi Group Holdings Ltd.

     3,700        121,059  

Asahi Holdings, Inc.

     3,800        59,606  

Asahi Kasei Corp.

     15,900        121,250  

Asahi Net, Inc.

     6,600        28,177  

Astellas Pharma, Inc.

     15,300        238,191  

Autobacs Seven Co. Ltd.

     2,500        25,726  

Avex, Inc.

     2,400        23,814  

Azbil Corp.

     1,000        26,241  

Bandai Namco Holdings, Inc.

     1,100        77,560  

Bank of Iwate Ltd.

     2,700        39,907  

Bank of Nagoya Ltd.

     2,200        50,444  

BayCurrent Consulting, Inc.

     100        26,572  

BIPROGY, Inc.

     2,000        39,748  

Bridgestone Corp.(a)

     7,600        276,913  

Brother Industries Ltd.

     3,100        54,422  

Calbee, Inc.

     1,300        26,181  

Canon, Inc.(a)

     14,100        320,183  

Cawachi Ltd.

     1,600        25,239  

Central Security Patrols Co. Ltd.

     1,900        37,915  

Chiba Bank Ltd.

     16,300        88,906  

Chubu Electric Power Co., Inc.

     10,800        108,592  

Chugai Pharmaceutical Co. Ltd.

     8,800        224,769  

Chugoku Electric Power Co., Inc.

     7,500        48,195  

Chukyo Bank Ltd.

     3,000        37,253  

Concordia Financial Group Ltd.

     25,900        89,603  

Cosmo Energy Holdings Co. Ltd.

     3,300        91,333  

Cybernet Systems Co. Ltd.

     4,900        28,854  

Dai Nippon Printing Co. Ltd.

     3,700        79,689  

Dai-ichi Life Holdings, Inc.

     12,300        227,250  

Daifuku Co. Ltd.

     700        39,984  

Daiken Medical Co. Ltd.(a)

     12,000        43,016  

Daikin Industries Ltd.

     700        112,068  

Daikyonishikawa Corp.(a)

     7,400        28,379  

Daito Trust Construction Co. Ltd.

     900        77,575  

Daiwa House Industry Co. Ltd.

     8,000        186,199  

Daiwa Securities Group, Inc.

     29,100        129,805  

Daiwabo Holdings Co. Ltd.

     2,300        29,949  

Denso Corp.

     4,300        228,143  

Dentsu Group, Inc.(a)

     1,700        50,992  

Digital Holdings, Inc.(a)

     700        6,291  

 

See Notes to Financial Statements.

 

WisdomTree Trust      27  


Schedule of Investments (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

June 30, 2022

 

Investments    Shares      Value  

Disco Corp.

     400      $ 94,807  

Ebara Corp.

     800        29,914  

Ehime Bank Ltd.

     3,400        22,499  

Electric Power Development Co. Ltd.

     4,700        77,633  

ENEOS Holdings, Inc.

     73,400        277,543  

FANUC Corp.

     1,200        187,612  

Fast Retailing Co. Ltd.

     300        156,961  

FIDEA Holdings Co. Ltd.

     1,500        14,199  

Fuji Electric Co. Ltd.

     1,500        62,051  

Fujicco Co. Ltd.(a)

     4,600        67,516  

FUJIFILM Holdings Corp.

     3,200        171,430  

Fujimi, Inc.

     800        33,506  

Fujitec Co. Ltd.

     1,200        26,543  

Fujitsu Ltd.

     700        87,413  

Fukui Bank Ltd.

     2,900        28,775  

Fukuoka Financial Group, Inc.

     6,700        120,531  

Furukawa Co. Ltd.

     4,700        41,446  

Futaba Industrial Co. Ltd.

     1,500        4,240  

GMO Financial Holdings, Inc.(a)

     12,100        69,204  

Gunma Bank Ltd.

     9,200        25,936  

H-One Co. Ltd.

     1,600        7,019  

H.U. Group Holdings, Inc.

     3,100        67,292  

Hagiwara Electric Holdings Co. Ltd.

     1,600        23,731  

Hakudo Co. Ltd.

     900        15,349  

Hamamatsu Photonics KK

     700        27,154  

Hankyu Hanshin Holdings, Inc.

     1,100        29,958  

Haseko Corp.

     9,200        107,606  

Hazama Ando Corp.

     4,200        26,062  

Hitachi Ltd.

     4,900        232,205  

Hitachi Transport System Ltd.

     500        31,504  

Hokkaido Gas Co. Ltd.

     2,700        33,329  

Hokkoku Financial Holdings, Inc.

     900        30,540  

Honda Motor Co. Ltd.

     18,600        450,847  

Hoya Corp.

     1,200        102,330  

Hulic Co. Ltd.

     9,300        71,878  

Hyakujushi Bank Ltd.

     1,300        16,200  

Ichinen Holdings Co. Ltd.

     3,200        28,807  

Idemitsu Kosan Co. Ltd.

     4,500        108,314  

IHI Corp.

     1,000        26,720  

Iida Group Holdings Co. Ltd.

     3,200        49,205  

Inpex Corp.

     20,300        219,653  

Internet Initiative Japan, Inc.

     800        27,942  

Isuzu Motors Ltd.

     8,600        95,018  

ITOCHU Corp.

     23,000        620,816  

Itochu Techno-Solutions Corp.

     1,400        34,264  

J-Oil Mills, Inc.(a)

     4,700        55,630  

J. Front Retailing Co. Ltd.

     7,600        64,893  

Japan Exchange Group, Inc.

     4,100        59,091  

Japan Post Holdings Co. Ltd.

     70,800        505,041  

Japan Post Insurance Co. Ltd.

     8,500        135,832  

Japan Property Management Center Co. Ltd.

     2,700        20,490  

Japan Tobacco, Inc.(a)

     61,900        1,068,915  

JDC Corp.(a)

     9,300        35,734  

JFE Holdings, Inc.

     7,000        73,682  

JM Holdings Co. Ltd.

     1,700      19,871  

JSR Corp.

     2,500        64,775  

Kajima Corp.

     8,700        99,709  

Kaken Pharmaceutical Co. Ltd.

     1,000        28,081  

Kansai Electric Power Co., Inc.

     14,300        141,469  

Kao Corp.(a)

     3,800        153,057  

KDDI Corp.

     37,200        1,174,420  

Keiyo Bank Ltd.

     22,000        77,244  

Keyence Corp.

     330        112,660  

Ki-Star Real Estate Co. Ltd.

     100        3,460  

Kikkoman Corp.

     800        42,398  

Kirin Holdings Co. Ltd.(a)

     11,500        180,937  

Kisoji Co. Ltd.(a)

     4,400        70,702  

Kobayashi Pharmaceutical Co. Ltd.

     500        30,768  

Kobe Steel Ltd.

     4,300        19,529  

Koito Manufacturing Co. Ltd.

     800        25,351  

Komatsu Ltd.

     8,300        183,772  

Konami Holdings Corp.

     600        33,168  

Kubota Corp.(a)

     8,100        120,855  

Kuraray Co. Ltd.(a)

     7,700        62,063  

Kyowa Kirin Co. Ltd.

     3,200        71,841  

Kyushu Electric Power Co., Inc.

     14,000        89,861  

Kyushu Railway Co.

     2,900        60,367  

Lawson, Inc.

     1,400        46,579  

LEC, Inc.

     2,500        11,777  

LIFULL Co. Ltd.

     16,700        20,037  

LIKE, Inc.

     500        8,494  

Lixil Corp.

     3,300        61,698  

Makita Corp.

     1,400        34,852  

Marubeni Corp.

     25,800        232,448  

Marvelous, Inc.

     7,700        38,088  

Matsui Securities Co. Ltd.

     10,000        59,254  

MatsukiyoCocokara & Co.

     600        24,246  

Mebuki Financial Group, Inc.

     45,500        89,423  

MEIJI Holdings Co. Ltd.

     1,900        93,143  

Mie Kotsu Group Holdings, Inc.

     9,400        34,111  

MINEBEA MITSUMI, Inc.

     3,100        52,711  

Ministop Co. Ltd.

     3,100        33,383  

MISUMI Group, Inc.

     1,200        25,262  

Mitsubishi Chemical Holdings Corp.

     13,400        72,694  

Mitsubishi Corp.

     19,700        585,395  

Mitsubishi Electric Corp.

     19,800        211,474  

Mitsubishi Estate Co. Ltd.

     10,500        152,181  

Mitsubishi Gas Chemical Co., Inc.

     3,200        46,049  

Mitsubishi HC Capital, Inc.

     25,900        119,343  

Mitsubishi Heavy Industries Ltd.

     4,000        139,708  

Mitsubishi Materials Corp.

     4,200        60,038  

Mitsubishi UFJ Financial Group, Inc.

     181,700        975,540  

Mitsui Chemicals, Inc.

     2,300        48,927  

Mitsui Fudosan Co. Ltd.

     5,300        113,818  

Mitsui OSK Lines Ltd.(a)

     11,100        253,693  

Miyazaki Bank Ltd.

     1,100        16,939  

Mizuho Financial Group, Inc.

     41,350        469,641  

Mizuho Medy Co. Ltd.(a)

     300        5,622  

 

See Notes to Financial Statements.

 

28   WisdomTree Trust


Schedule of Investments (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

June 30, 2022

 

Investments    Shares      Value  

MS&AD Insurance Group Holdings, Inc.

     9,000      $ 275,455  

Murata Manufacturing Co. Ltd.

     4,800        261,314  

Nabtesco Corp.(a)

     1,400        32,667  

NEC Capital Solutions Ltd.

     800        12,007  

NEC Corp.

     1,700        65,945  

NET One Systems Co. Ltd.

     2,000        44,165  

NGK Insulators Ltd.

     4,400        59,204  

NGK Spark Plug Co. Ltd.

     3,600        65,267  

NH Foods Ltd.

     900        28,122  

NHK Spring Co. Ltd.

     3,800        24,978  

Nidec Corp.

     1,100        67,852  

Nihon Chouzai Co. Ltd.

     2,100        20,342  

Nihon Flush Co. Ltd.(a)

     1,500        11,008  

Nihon Tokushu Toryo Co. Ltd.

     1,500        11,118  

Nintendo Co. Ltd.

     1,500        647,897  

Nippon Aqua Co. Ltd.

     3,300        14,234  

Nippon Carbon Co. Ltd.

     1,500        44,054  

Nippon Electric Glass Co. Ltd.(a)

     2,300        43,967  

Nippon Express Holdings, Inc.

     1,200        65,099  

Nippon Gas Co. Ltd.

     2,800        39,654  

Nippon Sanso Holdings Corp.

     1,700        27,066  

Nippon Shinyaku Co. Ltd.

     500        30,363  

Nippon Steel Corp.

     9,200        128,599  

Nippon Telegraph & Telephone Corp.

     65,100        1,866,914  

Nippon Yusen KK

     3,800        259,291  

Nishimatsu Construction Co. Ltd.

     3,000        89,765  

Nissan Chemical Corp.

     1,100        50,605  

Nisshinbo Holdings, Inc.

     3,300        24,801  

Nissin Foods Holdings Co. Ltd.

     900        62,074  

Nitori Holdings Co. Ltd.

     400        37,967  

Nitto Denko Corp.

     1,700        109,867  

NOF Corp.

     1,900        70,347  

Nomura Real Estate Holdings, Inc.

     3,300        80,766  

Nomura Research Institute Ltd.

     3,000        79,717  

NTT Data Corp.

     6,400        88,377  

Oita Bank Ltd.

     1,700        23,375  

Oji Holdings Corp.

     8,900        38,521  

Okinawa Cellular Telephone Co.

     700        27,875  

Okinawa Financial Group, Inc.

     1,800        29,016  

Okumura Corp.

     1,200        26,631  

Okuwa Co. Ltd.(a)

     900        5,598  

Olympus Corp.

     2,700        54,187  

Omron Corp.

     1,100        55,796  

Ono Pharmaceutical Co. Ltd.

     4,600        117,899  

Open House Group Co. Ltd.

     1,300        51,673  

Oracle Corp.

     600        34,714  

Osaka Gas Co. Ltd.

     6,700        128,028  

Otsuka Holdings Co. Ltd.

     4,800        170,229  

Panasonic Holdings Corp.

     16,500        133,173  

Pigeon Corp.(a)

     2,500        34,246  

Pola Orbis Holdings, Inc.(a)

     2,700        33,210  

Premium Group Co. Ltd.

     200        5,734  

Procrea Holdings, Inc.

     3,200        45,814  

Recruit Holdings Co. Ltd.

     2,200        64,694  

Resona Holdings, Inc.

     34,300      128,283  

Rohm Co. Ltd.

     700        48,743  

Roland Corp.

     700        20,791  

Sala Corp.

     8,000        41,515  

Sanoh Industrial Co. Ltd.(a)

     800        3,851  

Sanshin Electronics Co. Ltd.

     1,200        13,559  

SBI Holdings, Inc.

     3,300        64,492  

Scala, Inc.(a)

     3,500        18,575  

Scroll Corp.(a)

     3,000        20,095  

SCSK Corp.

     8,700        147,033  

Secom Co. Ltd.

     2,000        123,411  

Sega Sammy Holdings, Inc.

     5,600        89,778  

Seikagaku Corp.

     4,600        27,629  

Seiko Epson Corp.

     4,500        63,597  

Sekisui Chemical Co. Ltd.

     8,600        117,553  

Sekisui House Ltd.

     10,700        187,174  

Senshu Ikeda Holdings, Inc.

     8,300        12,219  

Seven & I Holdings Co. Ltd.

     5,400        209,354  

Seven Bank Ltd.

     17,700        33,744  

SG Holdings Co. Ltd.

     3,700        62,341  

Shikoku Electric Power Co., Inc.

     4,500        26,201  

Shimadzu Corp.

     2,200        69,471  

Shimamura Co. Ltd.

     800        70,134  

Shimano, Inc.

     300        50,613  

Shimizu Corp.

     12,300        67,903  

Shin-Etsu Chemical Co. Ltd.

     2,000        225,240  

Shinko Electric Industries Co. Ltd.

     1,000        25,763  

Shinnihon Corp.

     2,000        10,408  

Shionogi & Co. Ltd.

     1,600        80,733  

Shiseido Co. Ltd.(a)

     1,100        44,096  

Shizuoka Bank Ltd.

     5,500        32,995  

SKY Perfect JSAT Holdings, Inc.

     6,700        26,631  

SMC Corp.

     200        89,021  

Sodick Co. Ltd.

     4,000        23,967  

SoftBank Corp.

     132,400        1,468,187  

SoftBank Group Corp.

     3,500        134,868  

Sojitz Corp.

     4,780        67,590  

Sompo Holdings, Inc.

     7,700        339,105  

Sony Group Corp.

     1,800        147,002  

Square Enix Holdings Co. Ltd.

     900        39,815  

Stanley Electric Co. Ltd.

     1,600        26,240  

Subaru Corp.

     7,000        124,254  

SUMCO Corp.

     2,000        25,895  

Sumitomo Bakelite Co. Ltd.

     900        26,929  

Sumitomo Chemical Co. Ltd.

     20,600        80,517  

Sumitomo Corp.

     16,300        222,804  

Sumitomo Electric Industries Ltd.

     7,200        79,444  

Sumitomo Forestry Co. Ltd.(a)

     2,500        35,387  

Sumitomo Heavy Industries Ltd.

     3,000        66,137  

Sumitomo Metal Mining Co. Ltd.

     3,700        115,748  

Sumitomo Mitsui Financial Group, Inc.

     23,200        688,546  

Sumitomo Mitsui Trust Holdings, Inc.

     4,400        135,380  

Sumitomo Pharma Co. Ltd.

     3,200        25,698  

Sumitomo Realty & Development Co. Ltd.

     3,000        79,121  

 

See Notes to Financial Statements.

 

WisdomTree Trust      29  


Schedule of Investments (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

June 30, 2022

 

 

Investments    Shares      Value  

Sumitomo Rubber Industries Ltd.(a)

     9,900      $ 84,458  

Suncall Corp.

     2,400        10,829  

Suntory Beverage & Food Ltd.

     2,900        109,506  

Suzuki Motor Corp.

     3,000        94,159  

Sysmex Corp.

     600        36,065  

T&D Holdings, Inc.

     6,700        80,091  

Tachi-S Co. Ltd.

     1,000        8,060  

Taihei Dengyo Kaisha Ltd.

     1,800        39,099  

Taiheiyo Cement Corp.

     1,800        26,830  

Taiho Kogyo Co. Ltd.(a)

     1,900        9,342  

Taisei Corp.

     3,300        102,628  

Takeda Pharmaceutical Co. Ltd.

     28,700        806,570  

Tama Home Co. Ltd.(a)

     900        16,231  

TDK Corp.

     2,200        67,852  

Terumo Corp.

     2,500        75,227  

Toho Bank Ltd.

     20,500        31,386  

Toho Co. Ltd.

     800        28,884  

Toho Gas Co. Ltd.

     1,500        36,160  

Toho Zinc Co. Ltd.(a)

     500        7,906  

Tokai Carbon Co. Ltd.

     3,500        26,639  

TOKAI Holdings Corp.

     4,000        26,116  

Tokio Marine Holdings, Inc.

     7,900        459,561  

Tokyo Electron Device Ltd.

     300        11,306  

Tokyo Electron Ltd.

     1,400        456,516  

Tokyo Gas Co. Ltd.

     4,400        90,912  

Tokyo Tekko Co. Ltd.(a)

     1,200        10,847  

Tokyu Fudosan Holdings Corp.

     13,600        71,476  

TOMONY Holdings, Inc.

     10,700        24,573  

Toray Industries, Inc.

     15,200        85,166  

Toshiba Corp.

     3,100        125,844  

Tosoh Corp.

     4,600        57,054  

TOTO Ltd.

     1,200        39,572  

Towa Bank Ltd.

     7,000        26,536  

Toyo Kanetsu KK

     200        3,898  

Toyo Seikan Group Holdings Ltd.

     4,600        48,047  

Toyo Suisan Kaisha Ltd.

     1,300        50,620  

Toyo Tire Corp.

     2,100        26,185  

Toyota Boshoku Corp.

     3,600        53,395  

Toyota Motor Corp.

     130,770        2,021,398  

Toyota Tsusho Corp.

     2,800        91,303  

TPR Co. Ltd.

     2,800        24,773  

Trend Micro, Inc.

     1,800        87,711  

Tsurumi Manufacturing Co. Ltd.

     1,800        24,631  

TV Tokyo Holdings Corp.

     3,000        43,061  

Unicharm Corp.(a)

     2,500        83,545  

USS Co. Ltd.

     7,200        124,492  

V Technology Co. Ltd.(a)

     800        16,447  

Vital KSK Holdings, Inc.

     7,000        35,656  

Wakita & Co. Ltd.

     3,000        26,388  

Yakult Honsha Co. Ltd.

     1,200        69,162  

YAMABIKO Corp.(a)

     2,400        20,227  

Yamada Holdings Co. Ltd.

     23,700        85,132  

Yamagata Bank Ltd.

     7,200        47,645  

Yamaha Corp.

     1,100        45,342  

Yamaha Motor Co. Ltd.(a)

     7,000      128,092  

Yamanashi Chuo Bank Ltd.

     3,400        28,430  

Yamato Holdings Co. Ltd.

     3,400        54,308  

Yokohama Rubber Co. Ltd.(a)

     3,300        44,622  

Yokorei Co. Ltd.

     3,800        24,614  

Yorozu Corp.(a)

     600        3,913  

Zeon Corp.

     3,900        37,721  
     

 

 

 
Total Japan

 

     36,048,150  
Netherlands – 2.1%

 

Aalberts NV

     700        27,216  

Aegon NV

     12,132        52,357  

Akzo Nobel NV

     1,715        112,274  

Arcadis NV

     761        25,538  

ASM International NV

     317        79,074  

ASML Holding NV

     844        402,224  

ASR Nederland NV

     3,729        150,365  

BE Semiconductor Industries NV

     874        41,912  

CTP NV(b)

     2,117        24,345  

Euronext NV(b)

     443        36,078  

Heineken Holding NV

     1,201        87,200  

Heineken NV

     1,681        152,894  

ING Groep NV

     41,589        410,053  

Koninklijke Ahold Delhaize NV

     10,785        280,301  

Koninklijke DSM NV

     1,051        150,641  

Koninklijke KPN NV

     88,367        314,196  

Koninklijke Philips NV

     5,819        125,046  

Koninklijke Vopak NV

     1,799        45,289  

NN Group NV

     7,108        322,062  

Ordina NV

     5,045        25,106  

PostNL NV(a)

     27,519        83,288  

Randstad NV(a)

     2,728        131,762  

RHI Magnesita NV

     1,931        46,691  

SBM Offshore NV

     2,322        31,400  

Signify NV(b)

     2,327        76,948  

Wolters Kluwer NV

     2,213        214,145  
     

 

 

 
Total Netherlands

 

     3,448,405  
Norway – 2.0%

 

ABG Sundal Collier Holding ASA

     16,547        9,865  

AF Gruppen ASA

     5,434        86,682  

Aker ASA, Class A

     849        64,966  

Aker BP ASA(a)

     3,389        117,349  

Austevoll Seafood ASA

     6,427        75,005  

Bouvet ASA

     4,211        25,105  

DNB Bank ASA

     16,548        295,711  

Equinor ASA

     31,398        1,088,629  

Gjensidige Forsikring ASA

     8,720        176,081  

Hunter Group ASA*

     62,696        21,735  

Kid ASA(b)

     2,658        22,411  

Komplett Bank ASA*

     22,850        13,900  

Kongsberg Gruppen ASA

     3,329        118,944  

Leroy Seafood Group ASA

     4,674        33,092  

Mowi ASA

     1,365        30,962  

Norsk Hydro ASA

     20,392        113,851  

 

See Notes to Financial Statements.

 

30   WisdomTree Trust


Schedule of Investments (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

June 30, 2022

 

 

 

Investments    Shares      Value  

Orkla ASA

     18,213      $ 145,118  

Pareto Bank ASA

     7,691        36,782  

Storebrand ASA

     8,852        62,808  

Telenor ASA

     40,174        532,685  

TGS ASA

     3,745        52,424  

Veidekke ASA

     8,592        77,834  

Yara International ASA

     5,590        232,885  
     

 

 

 
Total Norway

 

     3,434,824  
Portugal – 0.3%

 

EDP – Energias de Portugal SA

     52,925        246,331  

Galp Energia SGPS SA

     18,080        211,416  

Jeronimo Martins SGPS SA

     4,706        102,038  
     

 

 

 
Total Portugal

 

     559,785  
Singapore – 1.9%

 

China Aviation Oil Singapore Corp. Ltd.

     31,700        19,931  

ComfortDelGro Corp. Ltd.

     25,500        25,652  

DBS Group Holdings Ltd.

     35,063        747,769  

Hour Glass Ltd.

     13,100        21,838  

Jardine Cycle & Carriage Ltd.

     4,600        93,507  

Keppel Corp. Ltd.

     39,000        181,871  

NetLink NBN Trust

     194,500        135,564  

Olam Group Ltd.

     82,400        89,996  

Oversea-Chinese Banking Corp. Ltd.

     70,001        572,905  

Propnex Ltd.

     13,100        14,402  

Riverstone Holdings Ltd.

     79,700        42,378  

Sembcorp Industries Ltd.

     42,500        87,034  

Sheng Siong Group Ltd.

     30,800        33,639  

Singapore Exchange Ltd.

     14,000        95,164  

Singapore Technologies Engineering Ltd.

     56,300        165,053  

Singapore Telecommunications Ltd.

     144,400        262,508  

United Overseas Bank Ltd.

     27,628        521,115  

Venture Corp. Ltd.

     9,400        112,325  
     

 

 

 
Total Singapore

 

     3,222,651  
Spain – 2.7%

 

Acciona SA(a)

     615        112,838  

Acerinox SA*

     7,336        70,835  

Aedas Homes SA(b)

     2,281        50,794  

Banco Bilbao Vizcaya Argentaria SA

     70,397        318,710  

Banco Santander SA

     63,856        179,446  

CaixaBank SA

     31,647        109,744  

Cia de Distribucion Integral Logista Holdings SA

     7,672        149,666  

ContourGlobal PLC(b)

     26,256        80,195  

EDP Renovaveis SA

     3,238        76,234  

Enagas SA(a)

     5,374        118,376  

Ferrovial SA

     5,911        149,486  

Fomento de Construcciones y Contratas SA

     7,692        75,832  

Grupo Catalana Occidente SA

     4,013        124,813  

Iberdrola SA

     81,987        848,219  

Industria de Diseno Textil SA

     22,404        505,687  

Inmobiliaria Colonial Socimi SA

     8,914        56,893  

Linea Directa Aseguradora SA Cia de Seguros y Reaseguros(a)

     66,258        87,141  

Mapfre SA

     89,118        156,709  

Metrovacesa SA(b)

     8,173      57,846  

Naturgy Energy Group SA

     19,982        573,853  

Neinor Homes SA(b)

     2,002        25,032  

Prosegur Cash SA(a)(b)

     58,895        38,298  

Prosegur Cia de Seguridad SA

     14,244        25,077  

Red Electrica Corp. SA(a)

     7,872        148,342  

Repsol SA(a)

     21,737        319,285  

Viscofan SA

     2,192        120,310  
     

 

 

 
Total Spain

 

     4,579,661  
Sweden – 2.6%

 

AAK AB

     1,563        25,457  

Alfa Laval AB

     2,256        54,290  

Assa Abloy AB, Class B

     7,676        162,772  

Atlas Copco AB, Class A

     19,742        184,119  

Atlas Copco AB, Class B*

     11,473        95,771  

Atrium Ljungberg AB, Class B

     1,804        23,590  

Axfood AB

     5,464        156,923  

Boliden AB*

     2,500        79,374  

Castellum AB(a)

     4,318        55,390  

Clas Ohlson AB, Class B

     2,457        25,367  

Dios Fastigheter AB

     3,435        23,816  

Elekta AB, Class B(a)

     9,315        64,231  

Epiroc AB, Class A

     5,976        92,112  

EQT AB

     3,641        74,402  

Essity AB, Class B

     5,391        140,517  

Evolution AB(b)

     733        66,530  

Fabege AB

     7,189        67,755  

FastPartner AB, Class A

     4,205        24,293  

Hexagon AB, Class B

     9,364        97,090  

Hexpol AB

     9,837        83,564  

Hufvudstaden AB, Class A

     2,168        23,907  

Intrum AB

     1,657        31,556  

Investment AB Latour, Class B

     3,224        63,647  

JM AB

     1,411        23,311  

L E Lundbergforetagen AB, Class B

     605        24,554  

Loomis AB

     1,023        24,838  

Lundin Energy AB(a)

     6,865        4,683  

Lundin Energy MergerCo AB*(a)

     6,580        267,734  

Nordic Paper Holding AB

     6,136        23,652  

Peab AB, Class B

     11,937        69,660  

Saab AB, Class B

     1,533        63,220  

Sandvik AB

     7,745        125,350  

Scandi Standard AB*

     12,667        45,118  

Securitas AB, Class B

     7,593        65,294  

Skandinaviska Enskilda Banken AB, Class A

     27,187        266,367  

Skanska AB, Class B

     6,533        99,964  

SKF AB, Class B

     4,286        62,947  

Svenska Cellulosa AB SCA, Class B

     3,104        46,284  

Svenska Handelsbanken AB, Class A

     16,161        137,869  

Svenska Handelsbanken AB, Class B(a)

     4,059        39,848  

Swedbank AB, Class A

     6,117        77,183  

Swedish Match AB

     16,077        163,478  

Tele2 AB, Class B

     15,752        179,080  

Telefonaktiebolaget LM Ericsson, Class B

     21,501        160,029  

 

See Notes to Financial Statements.

 

WisdomTree Trust      31  


Schedule of Investments (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

June 30, 2022

 

Investments    Shares      Value  

Telia Co. AB

     63,448      $ 242,588  

Trelleborg AB, Class B

     5,675        114,138  

Volvo AB, Class A

     8,364        134,348  

Volvo AB, Class B

     15,211        235,096  
     

 

 

 
Total Sweden

 

     4,413,106  
Switzerland – 9.2%

 

ABB Ltd., Registered Shares

     24,557        653,075  

Adecco Group AG, Registered Shares

     2,565        86,916  

Alcon, Inc.

     368        25,631  

Baloise Holding AG, Registered Shares

     749        121,971  

Banque Cantonale Vaudoise, Registered Shares(a)

     1,301        101,786  

BKW AG

     755        78,627  

Cie Financiere Richemont SA, Class A, Registered Shares

     2,951        313,333  

Clariant AG, Registered Shares*

     5,216        99,051  

Coca-Cola HBC AG*

     4,278        94,661  

DKSH Holding AG

     1,235        101,654  

EMS-Chemie Holding AG, Registered Shares

     232        172,179  

Geberit AG, Registered Shares

     255        122,206  

Helvetia Holding AG, Registered Shares

     762        88,907  

Holcim AG, Registered Shares

     8,177        348,912  

Julius Baer Group Ltd.

     2,546        117,121  

Kuehne + Nagel International AG, Registered Shares

     969        228,750  

Landis + Gyr Group AG*(a)

     868        45,379  

Logitech International SA, Registered Shares(a)

     762        39,694  

Lonza Group AG, Registered Shares

     133        70,713  

Mobilezone Holding AG, Registered Shares

     3,831        66,668  

Nestle SA, Registered Shares

     30,656        3,568,501  

Novartis AG, Registered Shares

     29,091        2,456,789  

Partners Group Holding AG

     247        221,935  

PSP Swiss Property AG, Registered Shares

     841        93,293  

Roche Holding AG

     5,424        1,804,789  

Roche Holding AG, Bearer Shares

     1,239        476,782  

Schindler Holding AG, Registered Shares

     623        111,669  

SGS SA, Registered Shares

     107        244,211  

SIG Group AG

     3,095        67,955  

Sika AG, Registered Shares

     616        141,557  

Sonova Holding AG, Registered Shares

     260        82,561  

STMicroelectronics NV

     1,562        48,965  

Sulzer AG, Registered Shares

     1,167        72,286  

Swatch Group AG, Registered Shares

     1,801        79,840  

Swiss Life Holding AG, Registered Shares

     524        254,515  

Swiss Prime Site AG, Registered Shares

     1,515        132,534  

Swisscom AG, Registered Shares

     931        512,884  

Temenos AG, Registered Shares

     291        24,810  

UBS Group AG, Registered Shares

     26,070        419,092  

VAT Group AG(b)

     250        59,435  

Vontobel Holding AG, Registered Shares

     476        33,363  

Zurich Insurance Group AG

     3,557        1,542,661  
     

 

 

 
Total Switzerland

 

     15,427,661  
United Kingdom – 13.6%

 

abrdn PLC

     35,794        69,487  

Admiral Group PLC

     11,136      303,481  

Airtel Africa PLC(b)

     64,160        105,347  

Anglo American PLC

     26,917        960,086  

Antofagasta PLC

     12,516        175,561  

Ashmore Group PLC(a)

     27,252        73,407  

Ashtead Group PLC

     2,370        98,983  

AstraZeneca PLC

     11,065        1,451,292  

Auto Trader Group PLC(b)

     3,779        25,471  

Aviva PLC*

     61,768        301,032  

BAE Systems PLC

     62,975        634,937  

Barclays PLC

     57,331        106,611  

Barratt Developments PLC

     15,632        86,834  

Bellway PLC

     2,678        69,794  

Big Yellow Group PLC

     5,865        93,451  

BP PLC

     263,632        1,243,212  

British Land Co. PLC

     20,256        109,986  

Bunzl PLC

     5,314        175,473  

Burberry Group PLC

     3,768        75,093  

Central Asia Metals PLC

     18,698        50,298  

Close Brothers Group PLC

     6,721        83,664  

CNH Industrial NV

     4,490        51,729  

Coca-Cola Europacific Partners PLC

     2,683        137,386  

Computacenter PLC

     3,219        91,947  

ConvaTec Group PLC(b)

     27,737        75,590  

Croda International PLC

     855        67,202  

DCC PLC

     1,057        65,442  

Diageo PLC

     22,085        946,920  

Diploma PLC

     922        24,947  

Direct Line Insurance Group PLC

     47,177        144,209  

Diversified Energy Co. PLC

     45,470        61,516  

Domino’s Pizza Group PLC

     16,640        56,422  

Drax Group PLC

     12,410        96,909  

DS Smith PLC

     18,969        63,881  

FDM Group Holdings PLC

     2,378        24,519  

Ferrexpo PLC

     32,037        50,696  

Fresnillo PLC

     8,977        83,597  

Grafton Group PLC

     4,682        44,169  

Grainger PLC

     7,119        24,312  

GSK PLC

     88,584        1,899,447  

H&T Group PLC

     2,718        10,563  

Hargreaves Lansdown PLC(a)

     5,321        50,908  

Hikma Pharmaceuticals PLC

     3,516        69,067  

HomeServe PLC

     5,063        72,063  

HSBC Holdings PLC

     223,408        1,453,178  

Hunting PLC

     3,831        10,050  

IMI PLC

     5,197        74,034  

Imperial Brands PLC

     36,923        823,283  

Inchcape PLC

     8,729        73,730  

Intertek Group PLC

     1,152        58,844  

Investec PLC

     12,335        66,632  

J. Sainsbury PLC

     30,749        76,180  

James Fisher & Sons PLC*

     1,608        5,683  

Johnson Matthey PLC

     2,035        47,587  

Jupiter Fund Management PLC

     8,645        15,549  

 

See Notes to Financial Statements.

 

32   WisdomTree Trust


Schedule of Investments (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

June 30, 2022

 

Investments    Shares      Value  

Kingfisher PLC

     25,952      $ 76,997  

Land Securities Group PLC

     17,628        142,151  

Legal & General Group PLC

     101,508        295,247  

Linde PLC*

     2,250        644,402  

Lloyds Banking Group PLC

     457,769        235,217  

London Stock Exchange Group PLC

     1,512        140,143  

Mondi PLC

     5,060        89,411  

Moneysupermarket.com Group PLC

     35,500        75,060  

Morgan Sindall Group PLC

     1,770        39,165  

National Grid PLC

     60,813        776,948  

NatWest Group PLC

     82,827        219,586  

OSB Group PLC

     16,882        98,452  

Pan African Resources PLC

     22,547        5,682  

Pearson PLC

     5,790        52,723  

Pets at Home Group PLC

     6,945        25,910  

Polar Capital Holdings PLC

     3,938        24,391  

Reach PLC

     4,076        4,965  

Reckitt Benckiser Group PLC

     6,486        486,006  

Redde Northgate PLC

     7,273        29,766  

Redrow PLC

     7,104        42,257  

RELX PLC

     14,551        393,367  

Rotork PLC

     22,803        66,630  

Royal Mail PLC

     15,153        49,632  

Sabre Insurance Group PLC(b)

     9,939        24,805  

Sage Group PLC

     9,877        76,145  

Savills PLC

     1,857        22,823  

Schroders PLC

     4,055        131,585  

Segro PLC

     9,826        116,563  

Serco Group PLC

     11,745        24,847  

Severn Trent PLC

     3,385        111,776  

Shell PLC

     73,138        1,895,471  

Smith & Nephew PLC

     6,270        87,378  

Smiths Group PLC

     4,287        72,863  

SSE PLC

     23,670        464,536  

St. James’s Place PLC

     6,686        89,521  

Standard Chartered PLC

     24,021        180,460  

Synthomer PLC

     10,235        27,967  

Tate & Lyle PLC

     15,911        144,807  

Taylor Wimpey PLC

     95,704      135,580  

TBC Bank Group PLC

     2,181        33,480  

Tesco PLC

     71,735        222,588  

Unilever PLC

     29,376        1,327,492  

United Utilities Group PLC

     18,452        228,572  

UP Global Sourcing Holdings PLC

     949        1,360  

Vesuvius PLC

     6,593        24,341  

Victrex PLC

     1,191        25,732  

Vivo Energy PLC(b)

     57,463        101,888  
     

 

 

 
Total United Kingdom

 

     22,798,379  

TOTAL COMMON STOCKS

(Cost: $174,617,019)

              165,536,119  
RIGHTS – 0.0%

 

Spain – 0.0%

 

Fomento de Construcciones y Contratas SA,
expiring 7/7/22*

     
(Cost: $3,102)      7,362        2,640  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.7%

 

United States – 2.7%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 1.56%(c)

 

  
(Cost: $4,556,691)      4,556,691        4,556,691  

TOTAL INVESTMENTS IN SECURITIES – 101.2%

(Cost: $179,176,812)

 

 

     170,095,450  

Other Assets less Liabilities – (1.2)%

 

     (2,024,967
     

 

 

 
NET ASSETS – 100.0%

 

   $ 168,070,483  
* 

Non-income producing security.

 

(a)

Security, or portion thereof, was on loan at June 30, 2022 (See Note 2). At June 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $6,762,760 and the total market value of the collateral held by the Fund was $6,967,821. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $2,411,130.

 

(b)

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

Rate shown represents annualized 7-day yield as of June 30, 2022.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to
be Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

Bank of America NA

    7/6/2022       6,425,478       AUD       4,418,544       USD     $     $ (54

Bank of America NA

    7/6/2022       3,897,841       CHF       4,071,550       USD       168        

Bank of America NA

    7/6/2022       3,102,349       DKK       436,124       USD       34        

Bank of America NA

    7/6/2022       8,473,066       EUR       8,858,294       USD       429        

Bank of America NA

    7/6/2022       4,608,345       GBP       5,596,688       USD             (24

Bank of America NA

    7/6/2022       356,160       ILS       101,699       USD       2        

Bank of America NA

    7/6/2022       860,337,486       JPY       6,332,856       USD       248        

Bank of America NA

    7/6/2022       9,207,216       NOK       931,942       USD             (2

Bank of America NA

    7/6/2022       13,423,914       SEK       1,310,002       USD       22        

Bank of America NA

    7/6/2022       625,356       SGD       449,353       USD             (7

 

See Notes to Financial Statements.

 

WisdomTree Trust      33  


Schedule of Investments (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

June 30, 2022

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to
be Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

Bank of America NA

    7/6/2022       4,289,097       USD       5,976,153       AUD     $ 179,586     $  

Bank of America NA

    7/6/2022       3,952,269       USD       3,781,752       CHF       1,818        

Bank of America NA

    7/6/2022       423,347       USD       2,935,296       DKK       10,675        

Bank of America NA

    7/6/2022       8,598,779       USD       8,013,475       EUR       220,566        

Bank of America NA

    7/6/2022       5,432,727       USD       4,310,084       GBP       198,291        

Bank of America NA

    7/6/2022       98,720       USD       328,313       ILS       4,970        

Bank of America NA

    7/6/2022       6,147,327       USD       789,813,490       JPY       333,363        

Bank of America NA

    7/6/2022       904,639       USD       8,502,468       NOK       44,033        

Bank of America NA

    7/6/2022       1,271,624       USD       12,428,095       SEK       58,780        

Bank of America NA

    7/6/2022       436,189       USD       598,035       SGD       6,474        

Bank of America NA

    8/3/2022       440,882       USD       3,130,463       DKK             (56

Bank of America NA

    8/3/2022       8,153,025       USD       7,784,224       EUR             (572

Bank of America NA

    8/3/2022       5,324,524       USD       4,382,223       GBP             (131

Bank of America NA

    8/3/2022       100,782       USD       352,455       ILS             (10

Bank of America NA

    8/3/2022       6,077,377       USD       824,283,758       JPY             (487

Bank of America NA

    8/3/2022       784,893       USD       7,750,898       NOK             (51

Bank of America NA

    8/3/2022       1,124,611       USD       11,514,360       SEK             (152

Bank of America NA

    8/3/2022       438,197       USD       609,837       SGD             (8

Bank of America NA

    8/4/2022       4,118,236       USD       5,987,610       AUD             (77

Bank of America NA

    8/4/2022       3,931,397       USD       3,757,043       CHF             (293

Bank of Montreal

    7/5/2022       275,000       CHF       287,961       USD             (710

Barclays Bank PLC

    7/6/2022       6,425,336       AUD       4,418,543       USD             (150

Barclays Bank PLC

    7/6/2022       3,897,595       CHF       4,071,548       USD             (87

Barclays Bank PLC

    7/6/2022       3,102,168       DKK       436,123       USD       10        

Barclays Bank PLC

    7/6/2022       8,472,570       EUR       8,858,292       USD             (88

Barclays Bank PLC

    7/6/2022       4,608,270       GBP       5,596,689       USD             (116

Barclays Bank PLC

    7/6/2022       356,058       ILS       101,699       USD             (27

Barclays Bank PLC

    7/6/2022       860,293,020       JPY       6,332,855       USD             (78

Barclays Bank PLC

    7/6/2022       9,207,010       NOK       931,940       USD             (21

Barclays Bank PLC

    7/6/2022       13,423,379       SEK       1,310,001       USD             (29

Barclays Bank PLC

    7/6/2022       625,352       SGD       449,354       USD             (10

Barclays Bank PLC

    8/3/2022       440,880       USD       3,130,136       DKK             (12

Barclays Bank PLC

    8/3/2022       8,153,023       USD       7,783,791       EUR             (121

Barclays Bank PLC

    8/3/2022       5,324,522       USD       4,382,186       GBP             (87

Barclays Bank PLC

    8/3/2022       100,780       USD       352,498       ILS             (25

Barclays Bank PLC

    8/3/2022       6,077,378       USD       824,238,313       JPY             (150

Barclays Bank PLC

    8/3/2022       784,893       USD       7,750,741       NOK             (35

Barclays Bank PLC

    8/3/2022       1,124,610       USD       11,513,247       SEK             (45

Barclays Bank PLC

    8/3/2022       438,196       USD       609,830       SGD             (5

Barclays Bank PLC

    8/4/2022       4,118,236       USD       5,987,636       AUD             (94

Barclays Bank PLC

    8/4/2022       3,931,396       USD       3,756,866       CHF             (108

Citibank NA

    7/6/2022       328,561       AUD       228,143       USD             (2,207

Citibank NA

    7/6/2022       200,640       CHF       210,227       USD             (637

Citibank NA

    7/6/2022       158,814       DKK       22,518       USD             (190

Citibank NA

    7/6/2022       433,537       EUR       457,382       USD             (4,113

Citibank NA

    7/6/2022       235,099       GBP       288,975       USD             (3,456

Citibank NA

    7/6/2022       17,911       ILS       5,251       USD             (137

Citibank NA

    7/6/2022       44,194,871       JPY       326,986       USD             (1,659

Citibank NA

    7/6/2022       474,928       NOK       48,119       USD             (48

Citibank NA

    7/6/2022       684,875       SEK       67,640       USD             (804

Citibank NA

    7/6/2022       32,184       SGD       23,202       USD             (77

Goldman Sachs

    7/5/2022       155,000       ILS       44,378       USD             (119

Goldman Sachs

    7/6/2022       4,289,097       USD       5,976,228       AUD       179,534        

Goldman Sachs

    7/6/2022       3,952,267       USD       3,781,494       CHF       2,087        

Goldman Sachs

    7/6/2022       423,346       USD       2,935,219       DKK       10,685        

 

See Notes to Financial Statements.

 

34   WisdomTree Trust


Schedule of Investments (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

June 30, 2022

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to
be Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

Goldman Sachs

    7/6/2022       8,598,779       USD       8,013,251       EUR     $ 220,801     $  

Goldman Sachs

    7/6/2022       5,432,725       USD       4,309,983       GBP       198,411        

Goldman Sachs

    7/6/2022       98,719       USD       328,282       ILS       4,978        

Goldman Sachs

    7/6/2022       6,147,328       USD       789,803,783       JPY       333,435        

Goldman Sachs

    7/6/2022       904,639       USD       8,502,380       NOK       44,042        

Goldman Sachs

    7/6/2022       1,271,623       USD       12,427,385       SEK       58,849        

Goldman Sachs

    7/6/2022       436,189       USD       598,056       SGD       6,459        

JP Morgan Chase Bank NA

    7/6/2022       6,425,431       AUD       4,418,544       USD             (86

JP Morgan Chase Bank NA

    7/6/2022       3,897,634       CHF       4,071,550       USD             (49

JP Morgan Chase Bank NA

    7/6/2022       3,102,126       DKK       436,124       USD       3        

JP Morgan Chase Bank NA

    7/6/2022       8,472,580       EUR       8,858,294       USD             (80

JP Morgan Chase Bank NA

    7/6/2022       4,608,334       GBP       5,596,688       USD             (38

JP Morgan Chase Bank NA

    7/6/2022       356,153       ILS       101,699       USD       0 ^       

JP Morgan Chase Bank NA

    7/6/2022       860,292,522       JPY       6,332,856       USD             (83

JP Morgan Chase Bank NA

    7/6/2022       9,207,147       NOK       931,942       USD             (9

JP Morgan Chase Bank NA

    7/6/2022       13,423,407       SEK       1,310,002       USD             (27

JP Morgan Chase Bank NA

    7/6/2022       625,357       SGD       449,353       USD             (6

JP Morgan Chase Bank NA

    7/6/2022       4,289,097       USD       5,976,028       AUD       179,671        

JP Morgan Chase Bank NA

    7/6/2022       745,930       USD       1,084,596       AUD       106        

JP Morgan Chase Bank NA

    7/6/2022       3,952,269       USD       3,781,511       CHF       2,070        

JP Morgan Chase Bank NA

    7/6/2022       687,351       USD       654,737       CHF       3,407        

JP Morgan Chase Bank NA

    7/6/2022       423,347       USD       2,935,198       DKK       10,689        

JP Morgan Chase Bank NA

    7/6/2022       73,626       USD       522,591       DKK       155        

JP Morgan Chase Bank NA

    7/6/2022       8,598,779       USD       8,013,146       EUR       220,910        

JP Morgan Chase Bank NA

    7/6/2022       1,495,440       USD       1,426,726       EUR       3,776        

JP Morgan Chase Bank NA

    7/6/2022       5,432,727       USD       4,310,043       GBP       198,341        

JP Morgan Chase Bank NA

    7/6/2022       944,822       USD       779,402       GBP             (1,733

JP Morgan Chase Bank NA

    7/6/2022       98,720       USD       328,325       ILS       4,967        

JP Morgan Chase Bank NA

    7/6/2022       17,168       USD       59,379       ILS       212        

JP Morgan Chase Bank NA

    7/6/2022       6,147,327       USD       789,786,442       JPY       333,562        

JP Morgan Chase Bank NA

    7/6/2022       1,069,100       USD       146,252,238       JPY             (7,490

JP Morgan Chase Bank NA

    7/6/2022       904,639       USD       8,502,280       NOK       44,052        

JP Morgan Chase Bank NA

    7/6/2022       157,329       USD       1,551,695       NOK       269        

JP Morgan Chase Bank NA

    7/6/2022       1,271,624       USD       12,427,427       SEK       58,846        

JP Morgan Chase Bank NA

    7/6/2022       221,152       USD       2,255,502       SEK       1,040        

JP Morgan Chase Bank NA

    7/6/2022       436,189       USD       598,033       SGD       6,475        

JP Morgan Chase Bank NA

    7/6/2022       75,859       USD       105,586       SGD             (10

JP Morgan Chase Bank NA

    8/3/2022       440,882       USD       3,130,215       DKK             (21

JP Morgan Chase Bank NA

    8/3/2022       8,153,025       USD       7,783,800       EUR             (129

JP Morgan Chase Bank NA

    8/3/2022       5,324,524       USD       4,382,162       GBP             (56

JP Morgan Chase Bank NA

    8/3/2022       100,782       USD       352,441       ILS             (6

JP Morgan Chase Bank NA

    8/3/2022       6,077,377       USD       824,236,962       JPY             (141

JP Morgan Chase Bank NA

    8/3/2022       784,893       USD       7,750,613       NOK             (22

JP Morgan Chase Bank NA

    8/3/2022       1,124,611       USD       11,513,347       SEK             (54

JP Morgan Chase Bank NA

    8/3/2022       438,197       USD       609,824       SGD       1        

JP Morgan Chase Bank NA

    8/4/2022       4,118,236       USD       5,987,584       AUD             (59

JP Morgan Chase Bank NA

    8/4/2022       3,931,397       USD       3,756,839       CHF             (80

UBS AG

    7/5/2022       250,000       EUR       262,048       USD             (686

UBS AG

    7/6/2022       6,425,412       AUD       4,418,544       USD             (99

UBS AG

    7/6/2022       3,897,617       CHF       4,071,550       USD             (66

UBS AG

    7/6/2022       3,102,109       DKK       436,124       USD       0 ^       

UBS AG

    7/6/2022       8,472,539       EUR       8,858,294       USD             (122

UBS AG

    7/6/2022       4,608,311       GBP       5,596,688       USD             (66

UBS AG

    7/6/2022       356,151       ILS       101,699       USD       0 ^       

UBS AG

    7/6/2022       860,290,623       JPY       6,332,856       USD             (97

 

See Notes to Financial Statements.

 

WisdomTree Trust      35  


Schedule of Investments (concluded)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

June 30, 2022

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to
be Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

UBS AG

    7/6/2022       9,207,102       NOK       931,942       USD     $     $ (14

UBS AG

    7/6/2022       13,423,326       SEK       1,310,002       USD             (35

UBS AG

    7/6/2022       625,354       SGD       449,353       USD             (8

UBS AG

    7/6/2022       4,289,097       USD       5,976,111       AUD       179,614        

UBS AG

    7/6/2022       3,952,269       USD       3,781,582       CHF       1,996        

UBS AG

    7/6/2022       423,347       USD       2,935,141       DKK       10,696        

UBS AG

    7/6/2022       8,598,779       USD       8,013,072       EUR       220,988        

UBS AG

    7/6/2022       5,432,727       USD       4,310,091       GBP       198,283        

UBS AG

    7/6/2022       98,720       USD       328,305       ILS       4,973        

UBS AG

    7/6/2022       6,147,327       USD       789,785,827       JPY       333,567        

UBS AG

    7/6/2022       904,639       USD       8,502,069       NOK       44,073        

UBS AG

    7/6/2022       1,271,624       USD       12,427,775       SEK       58,812        

UBS AG

    7/6/2022       436,189       USD       598,034       SGD       6,475        

UBS AG

    8/3/2022       440,882       USD       3,130,100       DKK             (5

UBS AG

    8/3/2022       8,153,025       USD       7,783,748       EUR             (74

UBS AG

    8/3/2022       5,324,524       USD       4,382,216       GBP             (122

UBS AG

    8/3/2022       100,782       USD       352,429       ILS             (3

UBS AG

    8/3/2022       6,077,377       USD       824,232,708       JPY             (110

UBS AG

    8/3/2022       784,893       USD       7,750,517       NOK             (12

UBS AG

    8/3/2022       1,124,611       USD       11,513,821       SEK             (100

UBS AG

    8/3/2022       438,197       USD       609,849       SGD             (17

UBS AG

    8/4/2022       4,118,236       USD       5,987,575       AUD             (53

UBS AG

    8/4/2022       3,931,397       USD       3,756,863       CHF             (104
                                            $ 4,246,779     $ (29,341
^ 

Amount represents less than $1.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of June 30, 2022 in valuing the Fund’s investments (See Note 2 – Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

           

Investments in Securities

           

Common Stocks

           

Sweden

   $ 4,145,372      $ 267,734      $      $ 4,413,106  

Other

     161,123,013                      161,123,013  

Rights

     2,640                      2,640  

Investment of Cash Collateral for Securities Loaned

            4,556,691               4,556,691  

Total Investments in Securities

   $ 165,271,025      $ 4,824,425      $      $ 170,095,450  

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ 4,246,779      $      $ 4,246,779  

Liabilities:

           

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (29,341    $      $ (29,341

Total – Net

   $ 165,271,025      $ 9,041,863      $      $ 174,312,888  
1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

36   WisdomTree Trust


Schedule of Investments

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

June 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.5%

 

Australia – 12.2%

 

Accent Group Ltd.

     61,786      $ 52,684  

Adairs Ltd.(a)

     37,881        49,753  

Adbri Ltd.

     58,498        97,347  

ARB Corp. Ltd.

     3,707        71,987  

AUB Group Ltd.(a)

     6,092        74,064  

Austal Ltd.

     35,971        44,524  

Australian Finance Group Ltd.

     47,033        48,837  

Autosports Group Ltd.(a)

     24,117        25,208  

Baby Bunting Group Ltd.(a)

     12,060        33,836  

Bapcor Ltd.

     18,924        79,120  

Beach Energy Ltd.

     68,378        81,110  

Beacon Lighting Group Ltd.

     34,341        42,152  

Bega Cheese Ltd.

     12,814        33,660  

Bravura Solutions Ltd.

     28,999        28,217  

Breville Group Ltd.(a)

     3,227        39,921  

Brickworks Ltd.

     8,541        108,889  

Capitol Health Ltd.

     149,878        28,858  

Cardno Ltd.

     8,903        9,857  

Centuria Capital Group

     79,645        99,130  

Codan Ltd.(a)

     10,120        48,435  

Collins Foods Ltd.

     3,842        26,182  

Costa Group Holdings Ltd.

     31,301        61,559  

Credit Corp. Group Ltd.(a)

     3,218        44,877  

Cromwell Property Group(a)

     438,556        227,688  

CSR Ltd.

     60,939        170,133  

Dicker Data Ltd.(a)

     9,917        75,286  

Domain Holdings Australia Ltd.

     15,978        33,072  

Dusk Group Ltd.

     27,020        31,029  

Eagers Automotive Ltd.(a)

     16,360        109,350  

Elders Ltd.

     14,878        128,806  

Genworth Mortgage Insurance Australia Ltd.

     22,432        35,478  

GrainCorp Ltd., Class A

     13,440        87,892  

Growthpoint Properties Australia Ltd.(a)

     115,725        271,362  

GUD Holdings Ltd.

     10,780        59,229  

GWA Group Ltd.

     30,292        40,931  

Hansen Technologies Ltd.

     9,200        32,897  

Healius Ltd.

     34,506        87,082  

Home Consortium Ltd.

     11,237        34,849  

Iluka Resources Ltd.

     15,023        97,521  

Infomedia Ltd.(a)

     37,682        43,273  

Ingenia Communities Group

     17,629        48,248  

Inghams Group Ltd.(a)

     50,287        89,216  

Insignia Financial Ltd.

     54,939        101,625  

Integral Diagnostics Ltd.

     12,410        25,857  

InvoCare Ltd.(a)

     4,127        29,685  

IPH Ltd.

     16,598        93,135  

IRESS Ltd.

     15,865        125,569  

IVE Group Ltd.

     31,470        37,221  

Johns Lyng Group Ltd.

     7,541        29,765  

Jumbo Interactive Ltd.

     3,713        36,307  

Kelsian Group Ltd.(a)

     10,593        41,520  

Lovisa Holdings Ltd.

     4,876        46,305  

MA Financial Group Ltd.(a)

     8,531      26,399  

McMillan Shakespeare Ltd.

     11,804        79,060  

Metcash Ltd.(a)

     130,375        380,126  

Monadelphous Group Ltd.(a)

     8,683        59,410  

Monash IVF Group Ltd.

     78,109        50,489  

Money3 Corp. Ltd.

     22,213        29,939  

MyState Ltd.

     21,008        58,940  

Navigator Global Investments Ltd.(a)

     42,592        36,464  

Netwealth Group Ltd.

     6,285        52,554  

New Hope Corp. Ltd.(a)

     94,265        224,282  

NIB Holdings Ltd.

     52,846        268,186  

Nick Scali Ltd.(a)

     8,646        49,109  

NRW Holdings Ltd.

     49,196        57,341  

Omni Bridgeway Ltd.*

     8,035        19,615  

Orora Ltd.

     122,130        306,537  

Pact Group Holdings Ltd.

     31,865        39,551  

Pendal Group Ltd.(a)

     68,998        209,713  

Perpetual Ltd.

     5,634        111,887  

Pinnacle Investment Management Group Ltd.(a)

     11,999        58,005  

Platinum Asset Management Ltd.(a)

     98,923        118,362  

PSC Insurance Group Ltd.

     23,167        65,953  

Ramelius Resources Ltd.

     42,993        25,721  

Regis Healthcare Ltd.

     31,964        40,663  

Reliance Worldwide Corp. Ltd.

     65,022        180,638  

Resimac Group Ltd.(a)

     55,266        43,704  

Sandfire Resources Ltd.

     46,413        142,026  

Sims Ltd.

     19,025        179,362  

SmartGroup Corp. Ltd.

     19,230        80,796  

Super Retail Group Ltd.(a)

     32,600        190,324  

Tassal Group Ltd.

     21,659        71,341  

Technology One Ltd.

     12,077        88,944  

United Malt Group Ltd.

     13,344        30,005  

Virtus Health Ltd.

     15,105        82,057  

Viva Energy Group Ltd.(b)

     62,985        125,171  
     

 

 

 
Total Australia

 

     7,083,212  
Austria – 1.2%

 

AT&S Austria Technologie & Systemtechnik AG

     1,130        60,249  

Kontron AG

     2,023        29,736  

Oesterreichische Post AG(a)

     9,727        276,599  

POLYTEC Holding AG(a)

     5,943        37,279  

S IMMO AG

     4,105        97,633  

Semperit AG Holding(a)

     3,755        72,468  

UNIQA Insurance Group AG

     13,116        92,420  

Zumtobel Group AG

     3,846        28,146  
     

 

 

 
Total Austria

 

     694,530  
Belgium – 1.4%

 

Befimmo SA

     3,859        190,423  

Bekaert SA

     5,237        170,054  

Deceuninck NV(a)

     6,660        15,387  

Econocom Group SA/NV

     23,567        82,291  

Fagron

     2,057        33,204  

Intervest Offices & Warehouses NV

     5,144        134,445  

Ion Beam Applications

     1,661        27,020  

 

See Notes to Financial Statements.

 

WisdomTree Trust      37  


Schedule of Investments (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

June 30, 2022

 

 

 

Investments    Shares      Value  

Recticel SA

     2,193      $ 32,648  

TINC Comm VA

     4,904        67,470  

Xior Student Housing NV

     1,839        79,883  
     

 

 

 
Total Belgium

 

     832,825  
China – 4.1%

 

Beijing Tong Ren Tang Chinese Medicine Co. Ltd.

     44,300        71,472  

China Nonferrous Mining Corp. Ltd.(a)

     406,000        187,298  

China South City Holdings Ltd.(a)

     870,000        73,175  

China Traditional Chinese Medicine Holdings Co. Ltd.

     202,000        124,851  

CITIC Telecom International Holdings Ltd.

     887,678        294,122  

CPMC Holdings Ltd.

     157,900        68,417  

Genertec Universal Medical Group Co. Ltd.(b)

     195,800        119,522  

Poly Property Group Co. Ltd.

     515,000        124,042  

Shanghai Industrial Holdings Ltd.

     185,000        267,352  

Shoucheng Holdings Ltd.

     682,000        102,557  

Shougang Fushan Resources Group Ltd.

     863,885        358,899  

Simcere Pharmaceutical Group Ltd.(b)

     126,000        138,092  

Sino-Ocean Group Holding Ltd.

     1,438,500        243,815  

Yanlord Land Group Ltd.

     249,609        190,117  

Zensun Enterprises Ltd.*(a)

     90,000        35,555  
     

 

 

 
Total China

 

     2,399,286  
Denmark – 1.8%

 

Alm Brand A/S

     148,109        216,749  

Cementir Holding NV

     8,752        56,637  

Chemometec A/S

     330        35,119  

D/S Norden A/S

     5,034        174,090  

FLSmidth & Co. A/S

     993        24,353  

Huscompagniet A/S

     1,867        16,535  

Matas A/S

     2,293        23,870  

Per Aarsleff Holding A/S

     956        28,492  

Scandinavian Tobacco Group A/S, Class A(b)

     14,632        285,509  

Spar Nord Bank A/S

     7,276        76,817  

Sydbank A/S

     3,537        107,999  
     

 

 

 
Total Denmark

 

     1,046,170  
Finland – 2.0%

 

Aktia Bank Oyj

     10,202        97,484  

Anora Group Oyj

     11,496        93,023  

Cargotec Oyj, Class B

     3,401        89,174  

Caverion Oyj

     6,854        31,636  

Fiskars Oyj Abp

     4,767        89,407  

Kemira Oyj

     13,228        161,249  

Lassila & Tikanoja Oyj(a)

     3,660        41,095  

Musti Group Oyj*

     1,386        24,691  

Oma Saastopankki Oyj

     2,060        44,365  

Raisio Oyj, Class V

     11,726        23,782  

Sanoma Oyj

     6,508        90,490  

Taaleri Oyj

     4,383        44,585  

Terveystalo Oyj(b)

     6,355        67,900  

Tokmanni Group Corp.

     7,792        91,481  

Uponor Oyj

     5,742        79,059  

Verkkokauppa.com Oyj(a)

     6,967        29,572  

YIT Oyj

     13,863      $ 46,088  
     

 

 

 
Total Finland

 

     1,145,081  
France – 3.2%

 

ABC Arbitrage

     5,295        38,860  

AKWEL

     1,788        29,946  

Albioma SA

     1,822        95,012  

Chargeurs SA(a)

     3,644        56,268  

Coface SA

     14,387        149,882  

Fnac Darty SA

     1,164        49,212  

IPSOS(a)

     3,393        160,689  

Kaufman & Broad SA

     2,635        71,624  

Maisons du Monde SA(a)(b)

     1,430        14,202  

Mersen SA

     1,442        42,889  

Metropole Television SA

     21,189        312,122  

Nexity SA

     9,332        248,782  

Quadient SA

     2,004        34,108  

Societe BIC SA

     5,405        294,964  

Television Francaise 1(a)

     23,419        165,385  

Vicat SA

     3,831        105,335  
     

 

 

 
Total France

 

     1,869,280  
Germany – 2.4%

 

7C Solarparken AG

     11,334        55,217  

Aareal Bank AG*

     2,045        61,102  

AIXTRON SE

     1,738        43,935  

AURELIUS Equity Opportunities SE & Co. KGaA

     2,566        54,457  

Bilfinger SE

     6,193        180,508  

CANCOM SE

     1,126        37,787  

CropEnergies AG

     6,084        80,779  

Deutsche Pfandbriefbank AG(b)

     7,462        66,934  

DIC Asset AG

     7,458        82,180  

Eckert & Ziegler Strahlen – und Medizintechnik AG

     375        14,278  

Encavis AG

     5,647        103,166  

GRENKE AG

     790        19,293  

Hamborner REIT AG

     12,052        107,602  

Hamburger Hafen und Logistik AG

     3,622        51,119  

Hensoldt AG

     2,277        57,370  

Hornbach Holding AG & Co. KGaA

     712        58,358  

Instone Real Estate Group SE(b)

     1,729        20,462  

Jenoptik AG

     1,108        24,650  

JOST Werke AG(b)

     702        26,127  

MLP SE

     6,333        37,871  

Mutares SE & Co. KGaA

     3,180        54,788  

NORMA Group SE

     1,819        40,506  

PATRIZIA AG

     2,689        31,711  

Wacker Neuson SE

     3,360        57,925  

Wuestenrot & Wuerttembergische AG

     2,007        35,418  
     

 

 

 
Total Germany

 

     1,403,543  
Hong Kong – 2.1%

 

Dah Sing Banking Group Ltd.

     119,200        96,460  

Dah Sing Financial Holdings Ltd.

     31,200        88,865  

Fortune Real Estate Investment Trust

     269,000        222,825  

Hutchison Port Holdings Trust

     1,597,800        375,483  

Kowloon Development Co. Ltd.

     114,000        140,921  

 

See Notes to Financial Statements.

 

38   WisdomTree Trust


Schedule of Investments (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

June 30, 2022

 

 

 

Investments    Shares      Value  

Nissin Foods Co. Ltd.

     74,000      $ 49,510  

Singamas Container Holdings Ltd.

     624,000        94,630  

Sun Hung Kai & Co. Ltd.

     114,000        53,318  

Vitasoy International Holdings Ltd.*

     48,000        83,926  
     

 

 

 
Total Hong Kong

 

     1,205,938  
Indonesia – 0.5%

 

Bumitama Agri Ltd.

     115,300        55,094  

First Resources Ltd.

     62,727        73,468  

Nickel Industries Ltd.

     209,310        140,334  
     

 

 

 
Total Indonesia

 

     268,896  
Ireland – 0.2%

 

Kenmare Resources PLC

     9,891        51,893  

Origin Enterprises PLC

     11,153        47,922  
     

 

 

 
Total Ireland

 

     99,815  
Israel – 4.2%

 

Altshuler Shaham Penn Ltd.

     8,763        23,135  

Arad Ltd.

     2,600        31,411  

Ashtrom Group Ltd.

     9,058        198,843  

Carasso Motors Ltd.

     12,600        61,270  

Delek Automotive Systems Ltd.

     14,632        158,764  

Elco Ltd.

     731        46,922  

Electra Real Estate Ltd.

     2,410        33,719  

Energix-Renewable Energies Ltd.

     22,734        68,615  

FIBI Holdings Ltd.

     1,634        68,306  

G City Ltd.

     15,541        88,219  

Gav-Yam Lands Corp. Ltd.

     15,720        130,172  

Harel Insurance Investments & Financial Services Ltd.

     15,580        151,345  

IDI Insurance Co. Ltd.

     2,748        71,404  

Israel Land Development – Urban Renewal Ltd.

     2,816        43,026  

Magic Software Enterprises Ltd.

     2,568        44,788  

Matrix IT Ltd.

     3,876        89,613  

Max Stock Ltd.*

     16,468        32,478  

Maytronics Ltd.

     3,829        53,732  

Mediterranean Towers Ltd.

     11,239        30,420  

Mega Or Holdings Ltd.

     2,218        66,499  

Meitav Dash Investments Ltd.

     11,054        53,216  

Menora Mivtachim Holdings Ltd.*

     3,493        63,953  

Mivne Real Estate KD Ltd.

     44,893        130,238  

Nawi Brothers Ltd.

     7,495        57,740  

One Software Technologies Ltd.

     3,529        55,512  

Palram Industries 1990 Ltd.

     4,008        48,181  

Phoenix Holdings Ltd.

     21,530        211,848  

Rami Levy Chain Stores Hashikma Marketing 2006 Ltd.

     1,709        121,801  

Shapir Engineering and Industry Ltd.

     11,410        92,853  

Shufersal Ltd.

     12,220        79,905  

Tiv Taam Holdings 1 Ltd.

     11,354        23,304  

Victory Supermarket Chain Ltd.*

     1,867        27,567  
     

 

 

 
Total Israel

 

     2,458,799  
Italy – 3.5%

 

Alerion Cleanpower SpA(a)

     1,792        58,264  

Anima Holding SpA(b)

     58,933        215,517  

Ascopiave SpA

     14,191      42,802  

Banca IFIS SpA

     4,343        61,341  

Banca Popolare di Sondrio SpA

     23,360        80,250  

BFF Bank SpA(b)

     47,301        317,227  

Carel Industries SpA(b)

     1,550        30,724  

Credito Emiliano SpA

     23,004        126,260  

Danieli & C. Officine Meccaniche SpA, RSP

     2,851        40,000  

doValue SpA(b)

     5,594        32,926  

El.En. SpA

     1,988        25,668  

Emak SpA

     21,055        26,194  

Esprinet SpA

     5,824        41,616  

Gruppo MutuiOnline SpA

     1,222        30,814  

GVS SpA*(a)(b)

     5,316        43,238  

Maire Tecnimont SpA(a)

     23,251        66,603  

MARR SpA

     2,200        30,268  

Piaggio & C. SpA

     40,828        95,355  

RAI Way SpA(b)

     25,893        138,056  

Salcef Group SpA

     4,447        77,175  

Sanlorenzo SpA

     1,282        43,023  

Sesa SpA

     325        41,248  

SOL SpA

     3,440        59,268  

Technogym SpA(a)(b)

     10,659        69,312  

Tinexta SpA

     987        22,969  

Unieuro SpA(a)(b)

     5,388        83,479  

Webuild SpA(a)

     55,738        86,183  

Zignago Vetro SpA

     4,482        54,448  
     

 

 

 
Total Italy

 

     2,040,228  
Japan – 27.2%

 

77 Bank Ltd.

     4,435        59,251  

ADEKA Corp.

     4,400        75,884  

Advan Group Co. Ltd.

     5,000        29,075  

Aeon Delight Co. Ltd.

     3,000        65,518  

AEON Financial Service Co. Ltd.

     5,600        52,680  

Aica Kogyo Co. Ltd.

     2,900        60,453  

Aichi Bank Ltd.

     900        35,045  

Aichi Corp.

     7,400        46,735  

Alleanza Holdings Co. Ltd.(a)

     5,400        40,861  

Amano Corp.

     2,800        48,331  

Anritsu Corp.

     3,500        37,820  

Aozora Bank Ltd.

     6,000        116,462  

Arcs Co. Ltd.

     3,300        48,605  

ARTERIA Networks Corp.

     6,300        56,668  

Asahi Holdings, Inc.

     4,000        62,743  

Asanuma Corp.

     1,100        43,399  

Autobacs Seven Co. Ltd.

     5,400        55,568  

Avex, Inc.

     6,300        62,511  

Awa Bank Ltd.

     2,770        41,207  

Bando Chemical Industries Ltd.

     8,200        55,590  

Bank of Nagoya Ltd.

     1,649        37,810  

Bank of Saga Ltd.

     5,700        61,718  

Bell System24 Holdings, Inc.

     3,401        34,672  

Benesse Holdings, Inc.

     2,700        43,663  

Bic Camera, Inc.(a)

     4,500        38,821  

BIPROGY, Inc.

     3,000        59,622  

 

See Notes to Financial Statements.

 

WisdomTree Trust      39  


Schedule of Investments (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

June 30, 2022

 

 

 

Investments    Shares      Value  

BML, Inc.

     1,600      $ 41,515  

Bunka Shutter Co. Ltd.

     6,600        48,484  

Central Glass Co. Ltd.

     2,500        56,770  

Chugoku Bank Ltd.

     6,800        49,202  

Chukyo Bank Ltd.

     2,400        29,802  

Citizen Watch Co. Ltd.

     8,400        34,130  

Computer Engineering & Consulting Ltd.

     3,800        31,999  

CONEXIO Corp.(a)

     3,900        38,123  

Cosmo Energy Holdings Co. Ltd.

     4,319        119,535  

Credit Saison Co. Ltd.

     6,100        70,000  

Dai-Dan Co. Ltd.

     1,800        27,996  

Daicel Corp.

     11,500        71,021  

Daido Steel Co. Ltd.

     1,200        30,871  

Daihen Corp.

     1,437        44,320  

Daiichikosho Co. Ltd.

     2,800        81,410  

Daiki Aluminium Industry Co. Ltd.

     2,900        25,552  

Dainichiseika Color & Chemicals Manufacturing Co. Ltd.

     2,600        33,434  

Daishi Hokuetsu Financial Group, Inc.

     2,800        51,690  

Daiwabo Holdings Co. Ltd.

     4,900        63,804  

DCM Holdings Co. Ltd.

     5,400        41,259  

Denyo Co. Ltd.

     2,995        35,052  

Dexerials Corp.

     3,100        82,489  

DIC Corp.(a)

     3,300        58,419  

Digital Garage, Inc.

     800        21,611  

Dip Corp.

     941        26,009  

DKS Co. Ltd.

     1,600        25,215  

DMG Mori Co. Ltd.

     2,700        33,389  

Dowa Holdings Co. Ltd.

     1,400        46,424  

DTS Corp.

     2,800        62,140  

DyDo Group Holdings, Inc.(a)

     700        25,917  

Eagle Industry Co. Ltd.

     4,600        33,182  

EDION Corp.(a)

     5,400        50,600  

Eizo Corp.

     900        24,975  

Elecom Co. Ltd.(a)

     3,300        37,019  

Electric Power Development Co. Ltd.

     9,300        153,614  

ES-Con Japan Ltd.(a)

     7,700        43,359  

ESPEC Corp.

     3,000        38,136  

Exedy Corp.

     3,130        39,651  

EXEO Group, Inc.

     3,700        57,820  

Ezaki Glico Co. Ltd.(a)

     1,300        37,558  

France Bed Holdings Co. Ltd.

     8,600        57,416  

Fuji Co. Ltd.(a)

     900        14,018  

Fuji Oil Holdings, Inc.

     2,900        45,724  

Fujimi, Inc.

     1,100        46,071  

Fujimori Kogyo Co. Ltd.

     900        23,021  

Fujitec Co. Ltd.

     3,000        66,357  

Fujitsu General Ltd.

     2,600        51,462  

Furukawa Electric Co. Ltd.

     1,600        26,240  

Furuno Electric Co. Ltd.(a)

     4,800        35,685  

Fuyo General Lease Co. Ltd.

     1,100        62,346  

G-7 Holdings, Inc.(a)

     2,800        29,576  

Glory Ltd.

     3,600        54,270  

GMO Financial Holdings, Inc.(a)

     7,600        43,467  

GMO Internet, Inc.

     2,800      47,939  

GS Yuasa Corp.

     3,051        47,678  

Gunma Bank Ltd.

     19,287        54,374  

H.U. Group Holdings, Inc.

     4,400        95,511  

H2O Retailing Corp.

     6,600        51,059  

Hachijuni Bank Ltd.

     21,800        80,233  

Hanwa Co. Ltd.

     1,039        21,712  

Hazama Ando Corp.

     8,100        50,262  

Heiwa Corp.

     4,049        59,995  

Heiwa Real Estate Co. Ltd.

     1,300        37,223  

Hiday Hidaka Corp.

     3,200        48,593  

Hokkaido Electric Power Co., Inc.

     12,800        46,638  

Hokuetsu Corp.

     7,100        36,583  

Hokuhoku Financial Group, Inc.

     6,906        42,599  

Hokuto Corp.

     3,700        52,645  

Ichigo, Inc.

     19,200        44,235  

Ichiyoshi Securities Co. Ltd.(a)

     9,300        44,427  

Iino Kaiun Kaisha Ltd.

     6,700        33,733  

Inaba Denki Sangyo Co. Ltd.

     2,800        54,926  

Inabata & Co. Ltd.

     4,500        73,402  

Information Services International-Dentsu Ltd.

     1,100        32,509  

INFRONEER Holdings, Inc.

     8,223        58,409  

Itochu Enex Co. Ltd.

     5,100        39,567  

Itoham Yonekyu Holdings, Inc.

     14,600        74,260  

IwaiCosmo Holdings, Inc.(a)

     5,400        49,884  

Iyo Bank Ltd.

     11,300        55,396  

Izumi Co. Ltd.

     2,700        60,715  

J. Front Retailing Co. Ltd.

     9,500        81,116  

JAC Recruitment Co. Ltd.

     3,800        48,614  

Jaccs Co. Ltd.

     2,300        56,800  

Japan Aviation Electronics Industry Ltd.

     2,900        43,610  

Japan Securities Finance Co. Ltd.(a)

     7,000        43,951  

Japan Steel Works Ltd.

     1,500        32,549  

JCU Corp.

     700        17,441  

K’s Holdings Corp.

     9,500        92,444  

Kagome Co. Ltd.

     2,600        63,347  

Kaken Pharmaceutical Co. Ltd.

     1,400        39,314  

Kamei Corp.

     4,800        37,134  

Kamigumi Co. Ltd.

     3,800        73,396  

Kandenko Co. Ltd.

     7,278        45,322  

Kaneka Corp.

     3,100        76,214  

Kanematsu Corp.

     4,100        40,410  

Kanematsu Electronics Ltd.

     1,500        44,496  

Kanto Denka Kogyo Co. Ltd.

     4,700        30,548  

Katitas Co. Ltd.

     1,200        25,810  

Kato Sangyo Co. Ltd.

     2,648        63,444  

Keiyo Bank Ltd.

     12,600        44,240  

KFC Holdings Japan Ltd.

     900        18,834  

Ki-Star Real Estate Co. Ltd.(a)

     900        31,136  

Kintetsu World Express, Inc.

     2,700        82,875  

Kisoji Co. Ltd.(a)

     3,100        49,813  

Kobe Steel Ltd.

     14,400        65,399  

Kohnan Shoji Co. Ltd.

     900        24,246  

KOMEDA Holdings Co. Ltd.

     3,000        50,812  

 

See Notes to Financial Statements.

 

40   WisdomTree Trust


Schedule of Investments (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

June 30, 2022

 

 

 

Investments    Shares      Value  

Konica Minolta, Inc.

     27,100      $ 90,363  

Kumagai Gumi Co. Ltd.

     2,700        54,674  

Kurabo Industries Ltd.

     3,763        53,791  

Kureha Corp.

     600        42,266  

KYB Corp.

     1,400        31,894  

Kyoei Steel Ltd.

     3,500        35,604  

Kyokuto Securities Co. Ltd.

     9,500        48,250  

Kyokuyo Co. Ltd.

     3,300        83,924  

KYORIN Holdings, Inc.

     3,373        44,045  

Kyudenko Corp.

     2,700        54,535  

Kyushu Financial Group, Inc.

     16,600        47,409  

Lintec Corp.

     4,000        67,690  

Macnica Fuji Electronics Holdings, Inc.

     3,000        57,745  

Maeda Kosen Co. Ltd.

     1,100        23,797  

Maruichi Steel Tube Ltd.

     4,000        84,443  

Marusan Securities Co. Ltd.(a)

     10,700        38,514  

Maruzen Showa Unyu Co. Ltd.

     1,200        26,985  

Marvelous, Inc.

     7,900        39,077  

Matsui Securities Co. Ltd.

     12,500        74,068  

MCJ Co. Ltd.

     3,600        23,266  

Mebuki Financial Group, Inc.

     59,700        117,330  

Meitec Corp.

     3,200        51,514  

Mie Kotsu Group Holdings, Inc.

     10,500        38,103  

Mirait Holdings Corp.

     3,900        45,845  

Miroku Jyoho Service Co. Ltd.

     3,400        29,782  

Mitsubishi Logistics Corp.

     2,900        69,269  

Mitsubishi Materials Corp.

     4,600        65,755  

Mitsui Mining & Smelting Co. Ltd.

     2,200        51,334  

Mizuho Leasing Co. Ltd.

     1,600        36,568  

Mochida Pharmaceutical Co. Ltd.

     1,800        43,259  

Modec, Inc.*

     2,600        22,392  

Monex Group, Inc.(a)

     4,500        13,978  

Morinaga & Co. Ltd.

     1,400        44,827  

Morita Holdings Corp.

     4,000        38,865  

Morningstar Japan KK

     11,697        43,997  

Musashi Seimitsu Industry Co. Ltd.

     3,100        31,740  

Musashino Bank Ltd.

     3,400        44,673  

Nafco Co. Ltd.(a)

     3,100        35,871  

Nagase & Co. Ltd.

     3,800        52,138  

Nakanishi, Inc.

     2,917        51,381  

NEC Networks & System Integration Corp.

     3,800        51,299  

NET One Systems Co. Ltd.

     2,800        61,831  

NHK Spring Co. Ltd.

     8,700        57,187  

Nichias Corp.

     2,974        49,386  

Nichiden Corp.(a)

     2,700        37,602  

Nichiha Corp.

     1,500        29,149  

Nihon Chouzai Co. Ltd.

     3,800        36,810  

Nihon Parkerizing Co. Ltd.

     4,840        31,743  

Nikkon Holdings Co. Ltd.

     3,100        49,082  

Nippon Densetsu Kogyo Co. Ltd.

     3,100        40,115  

Nippon Electric Glass Co. Ltd.(a)

     4,000        76,464  

Nippon Gas Co. Ltd.

     4,300        60,897  

Nippon Kanzai Co. Ltd.

     3,000        57,282  

Nippon Kayaku Co. Ltd.

     7,900        63,849  

Nippon Light Metal Holdings Co. Ltd.

     4,300      47,287  

Nippon Paper Industries Co. Ltd.

     4,200        29,741  

Nippon Parking Development Co. Ltd.

     41,600        52,055  

Nippon Shokubai Co. Ltd.

     1,100        42,509  

Nippon Signal Co. Ltd.(a)

     7,000        50,650  

Nippon Soda Co. Ltd.

     1,400        44,982  

Nippon Steel Trading Corp.

     1,700        63,693  

Nippon Suisan Kaisha Ltd.

     7,600        32,055  

Nipro Corp.

     5,100        40,055  

Nishi-Nippon Financial Holdings, Inc.

     8,900        49,133  

Nishimatsu Construction Co. Ltd.

     5,250        157,088  

Nissan Shatai Co. Ltd.

     8,000        33,801  

Nisshinbo Holdings, Inc.(a)

     7,750        58,244  

Nissin Electric Co. Ltd.

     5,500        61,820  

Nitto Kogyo Corp.

     2,700        46,645  

Nittoc Construction Co. Ltd.

     10,700        64,505  

Noevir Holdings Co. Ltd.

     1,473        62,452  

NOK Corp.

     6,400        52,008  

Nomura Co. Ltd.

     6,258        42,839  

North Pacific Bank Ltd.

     23,000        37,753  

NS United Kaiun Kaisha Ltd.(a)

     1,000        27,125  

NSD Co. Ltd.

     3,200        55,706  

Ogaki Kyoritsu Bank Ltd.

     3,100        39,316  

Ohsho Food Service Corp.

     772        39,721  

Okamura Corp.

     5,400        48,175  

Okasan Securities Group, Inc.(a)

     16,300        40,554  

Okinawa Cellular Telephone Co.

     1,300        51,768  

Okinawa Electric Power Co., Inc.(a)

     3,570        34,477  

Okinawa Financial Group, Inc.

     2,142        34,529  

Okumura Corp.

     2,890        64,137  

Okuwa Co. Ltd.(a)

     6,700        41,673  

Onoken Co. Ltd.(a)

     3,800        39,131  

Optorun Co. Ltd.

     2,300        30,474  

Orient Corp.

     40,000        37,687  

Osaki Electric Co. Ltd.

     10,500        37,717  

Pack Corp.(a)

     1,500        24,798  

PAL GROUP Holdings Co. Ltd.

     2,290        30,324  

PALTAC Corp.

     1,000        30,915  

Paramount Bed Holdings Co. Ltd.

     3,000        48,625  

Penta-Ocean Construction Co. Ltd.

     8,600        46,338  

Pigeon Corp.(a)

     4,100        56,164  

Plenus Co. Ltd.

     3,200        46,991  

Pressance Corp.(a)

     2,686        29,854  

Prima Meat Packers Ltd.

     2,657        44,533  

Raito Kogyo Co. Ltd.

     3,100        42,351  

Raiznext Corp.

     4,100        34,525  

Relia, Inc.

     3,900        30,717  

Rengo Co. Ltd.

     8,450        45,778  

Resorttrust, Inc.

     2,700        44,121  

Restar Holdings Corp.(a)

     3,054        42,869  

Ricoh Leasing Co. Ltd.

     1,500        38,589  

Riken Keiki Co. Ltd.(a)

     500        13,231  

Roland Corp.

     1,400        41,581  

Ryoden Corp.

     3,900        45,501  

 

See Notes to Financial Statements.

 

WisdomTree Trust      41  


Schedule of Investments (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

June 30, 2022

 

 

 

Investments    Shares      Value  

Ryosan Co. Ltd.

     2,600      $ 41,951  

Sakata Seed Corp.

     1,000        33,676  

Sala Corp.

     7,400        38,401  

SAMTY Co. Ltd.(a)

     4,100        60,841  

San ju San Financial Group, Inc.

     3,700        37,965  

San-In Godo Bank Ltd.

     8,300        39,956  

Sangetsu Corp.

     4,300        49,313  

Sanki Engineering Co. Ltd.

     4,400        49,747  

Sankyo Co. Ltd.

     3,900        117,843  

Sanyo Chemical Industries Ltd.

     800        28,000  

Sanyo Special Steel Co. Ltd.

     3,000        43,392  

Sapporo Holdings Ltd.

     2,700        59,821  

Sawai Group Holdings Co. Ltd.

     1,100        33,319  

SBS Holdings, Inc.

     800        16,047  

Seikitokyu Kogyo Co. Ltd.

     7,500        44,882  

Seiko Holdings Corp.

     2,200        46,929  

Seino Holdings Co. Ltd.

     4,800        38,370  

Seiren Co. Ltd.(a)

     1,600        23,778  

Senko Group Holdings Co. Ltd.

     7,580        48,988  

Senshu Ikeda Holdings, Inc.

     30,900        45,490  

Seria Co. Ltd.

     1,700        30,157  

Seven Bank Ltd.

     56,500        107,714  

Shikoku Electric Power Co., Inc.

     8,300        48,326  

Shin Nippon Air Technologies Co. Ltd.

     3,000        40,632  

Shinmaywa Industries Ltd.

     4,500        35,773  

Ship Healthcare Holdings, Inc.

     2,600        46,180  

SHO-BOND Holdings Co. Ltd.

     2,600        114,254  

Shoei Co. Ltd.

     800        31,269  

Sinfonia Technology Co. Ltd.

     3,400        33,486  

Sinko Industries Ltd.

     2,400        28,866  

SKY Perfect JSAT Holdings, Inc.

     12,600        50,083  

SRA Holdings

     3,300        67,334  

ST Corp.

     4,100        45,450  

St. Marc Holdings Co. Ltd.

     4,000        46,609  

Stella Chemifa Corp.

     2,900        50,932  

Sumitomo Bakelite Co. Ltd.

     1,600        47,875  

Sumitomo Densetsu Co. Ltd.

     2,900        55,372  

Sumitomo Osaka Cement Co. Ltd.(a)

     1,500        37,154  

Sumitomo Seika Chemicals Co. Ltd.

     1,625        34,544  

Sun Frontier Fudousan Co. Ltd.

     9,000        74,064  

Systena Corp.

     7,500        21,751  

T-Gaia Corp.

     3,200        38,111  

Tachibana Eletech Co. Ltd.

     3,300        36,946  

Taihei Dengyo Kaisha Ltd.

     3,000        65,165  

Taiheiyo Cement Corp.

     3,500        52,170  

Taikisha Ltd.

     1,300        30,429  

Taiyo Holdings Co. Ltd.

     1,600        33,530  

Takamatsu Construction Group Co. Ltd.

     2,600        39,482  

Takara Holdings, Inc.

     4,400        32,549  

Takara Standard Co. Ltd.

     3,200        29,443  

Takasago International Corp.(a)

     2,200        39,416  

Takasago Thermal Engineering Co. Ltd.

     2,700        32,017  

Takashimaya Co. Ltd.(a)

     5,700        55,802  

Tama Home Co. Ltd.(a)

     2,900        52,298  

Tatsuta Electric Wire and Cable Co. Ltd.(a)

     10,900      36,827  

Teijin Ltd.

     6,900        71,765  

TKC Corp.

     1,500        36,325  

Toda Corp.

     14,504        76,868  

Tokai Carbon Co. Ltd.(a)

     6,500        49,472  

TOKAI Holdings Corp.

     7,900        51,579  

Tokai Rika Co. Ltd.

     5,300        57,738  

Tokai Tokyo Financial Holdings, Inc.

     18,018        49,072  

Tokuyama Corp.

     3,300        41,926  

Tokyo Ohka Kogyo Co. Ltd.(a)

     900        43,988  

Tokyo Sangyo Co. Ltd.(a)

     12,800        66,801  

Tokyo Seimitsu Co. Ltd.

     1,500        49,244  

Tokyu Construction Co. Ltd.

     5,100        23,913  

Totetsu Kogyo Co. Ltd.

     2,345        41,824  

Towa Pharmaceutical Co. Ltd.

     1,200        21,756  

Toyo Construction Co. Ltd.

     7,000        45,806  

Toyo Ink SC Holdings Co. Ltd.(a)

     3,328        46,593  

Toyo Seikan Group Holdings Ltd.

     9,500        99,227  

Toyo Tire Corp.

     4,600        57,358  

Toyobo Co. Ltd.

     4,400        32,452  

Toyoda Gosei Co. Ltd.

     5,100        80,448  

Transcosmos, Inc.

     1,500        38,479  

TS Tech Co. Ltd.

     4,400        45,569  

Tsubakimoto Chain Co.

     2,356        52,633  

Tsumura & Co.

     1,413        31,670  

UBE Corp.

     4,300        63,841  

Ulvac, Inc.(a)

     1,100        37,408  

Wowow, Inc.

     2,800        30,998  

Yamaguchi Financial Group, Inc.

     12,200        66,812  

Yaoko Co. Ltd.

     600        26,896  

Yellow Hat Ltd.

     3,800        48,054  

Yokogawa Bridge Holdings Corp.

     3,000        43,127  

Yokorei Co. Ltd.

     8,100        52,468  

Yorozu Corp.(a)

     5,600        36,521  

Zenrin Co. Ltd.(a)

     5,600        38,046  
     

 

 

 
Total Japan

 

     15,828,046  
Malaysia – 0.0%

 

Frencken Group Ltd.

     35,200        28,075  
Netherlands – 1.9%

 

Brunel International NV

     5,135        55,724  

Corbion NV

     1,612        48,637  

Eurocommercial Properties NV

     3,266        70,132  

Heijmans NV, CVA

     4,546        50,568  

Ordina NV

     22,536        112,147  

PostNL NV(a)

     179,333        542,765  

RHI Magnesita NV

     3,927        94,954  

TKH Group NV, CVA

     1,915        72,233  

Wereldhave NV(a)

     3,194        47,917  
     

 

 

 
Total Netherlands

 

     1,095,077  
Norway – 2.9%

 

ABG Sundal Collier Holding ASA

     134,289        80,059  

AF Gruppen ASA(a)

     4,164        66,423  

American Shipping Co. ASA*

     10,668        44,271  

 

See Notes to Financial Statements.

 

42   WisdomTree Trust


Schedule of Investments (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

June 30, 2022

 

 

 

Investments    Shares      Value  

Atea ASA*

     7,267      $ 75,320  

Austevoll Seafood ASA

     13,515        157,725  

Bonheur ASA

     1,279        46,281  

Borregaard ASA

     3,827        62,055  

Bouvet ASA

     10,429        62,174  

Europris ASA(b)

     20,074        93,383  

Hunter Group ASA*

     251,612        87,226  

Kid ASA(b)

     9,154        77,181  

Kitron ASA(a)

     26,885        47,730  

Multiconsult ASA(b)

     4,416        57,660  

Norway Royal Salmon ASA*

     23        584  

Pareto Bank ASA

     8,690        41,560  

Protector Forsikring ASA

     8,656        89,716  

Selvaag Bolig ASA

     11,572        41,639  

SpareBank 1 Nord Norge

     4,533        40,147  

Sparebank 1 Oestlandet

     3,608        42,800  

SpareBank 1 SMN

     2,234        26,185  

Sparebanken Vest

     5,235        46,205  

TGS ASA

     15,198        212,747  

Veidekke ASA

     19,403        175,770  
     

 

 

 
Total Norway

 

     1,674,841  
Peru – 0.1%

 

Hochschild Mining PLC

     25,219        29,555  
Portugal – 1.8%

 

Altri SGPS SA

     20,831        138,724  

Corticeira Amorim SGPS SA

     4,453        49,161  

CTT – Correios de Portugal SA(a)

     8,871        28,935  

Greenvolt-Energias Renovaveis SA*

     923        7,092  

Navigator Co. SA

     69,460        278,559  

REN – Redes Energeticas Nacionais SGPS SA

     93,122        279,894  

Sonae SGPS SA

     233,138        285,413  
     

 

 

 
Total Portugal

 

     1,067,778  
Singapore – 4.2%

 

AEM Holdings Ltd.

     14,900        44,324  

Best World International Ltd.*

     3,997        2,070  

Bukit Sembawang Estates Ltd.

     36,400        129,206  

China Aviation Oil Singapore Corp. Ltd.

     48,034        30,200  

Civmec Ltd.

     66,300        28,584  

ComfortDelGro Corp. Ltd.

     103,700        104,318  

CSE Global Ltd.(a)

     174,200        58,204  

Geo Energy Resources Ltd.

     150,600        39,498  

Hour Glass Ltd.

     88,100        146,865  

Japfa Ltd.

     88,600        37,880  

Keppel Infrastructure Trust

     716,391        293,413  

NetLink NBN Trust

     614,200        428,091  

OUE Ltd.

     49,700        45,711  

Propnex Ltd.

     71,000        78,056  

Q&M Dental Group Singapore Ltd.

     150,500        48,663  

Raffles Medical Group Ltd.

     74,200        59,714  

Riverstone Holdings Ltd.

     315,400        167,706  

Sembcorp Industries Ltd.

     115,800        237,142  

Sheng Siong Group Ltd.

     202,200        220,841  

Singapore Post Ltd.

     100,400        46,892  

StarHub Ltd.

     140,400        124,087  

UMS Holdings Ltd.

     63,425      50,587  
     

 

 

 
Total Singapore

 

     2,422,052  
Spain – 3.2%

 

Aedas Homes SA(b)

     5,760        128,264  

Almirall SA

     5,594        61,874  

Applus Services SA

     7,054        48,672  

Audax Renovables SA(a)

     20,134        23,912  

Cia de Distribucion Integral Logista Holdings SA

     28,658        559,063  

ContourGlobal PLC(b)

     39,863        121,755  

Ebro Foods SA(a)

     10,775        181,362  

Faes Farma SA

     37,315        151,363  

Linea Directa Aseguradora SA Cia de Seguros y Reaseguros(a)

     81,881        107,688  

Neinor Homes SA(a)(b)

     7,926        99,103  

Prosegur Cash SA(a)(b)

     105,889        68,856  

Prosegur Cia de Seguridad SA

     55,589        97,867  

Sacyr SA(a)

     54,873        131,600  

Unicaja Banco SA(b)

     71,838        70,109  
     

 

 

 
Total Spain

 

     1,851,488  
Sweden – 4.1%

 

AcadeMedia AB(b)

     7,759        34,512  

Akelius Residential Property AB, Class D(a)

     28,164        54,589  

Alimak Group AB(b)

     2,875        21,715  

Atrium Ljungberg AB, Class B

     7,330        95,851  

Beijer Alma AB

     3,552        58,371  

Bergman & Beving AB

     2,449        25,572  

Bilia AB, Class A

     9,356        134,487  

Bonava AB, Class B

     6,079        17,619  

Bravida Holding AB(b)

     8,667        75,359  

Bufab AB

     1,330        34,394  

Byggmax Group AB

     8,276        42,885  

Catena AB

     2,024        73,317  

Clas Ohlson AB, Class B

     9,650        99,632  

Coor Service Management Holding AB(b)

     8,371        65,555  

Dios Fastigheter AB

     15,441        107,060  

Dustin Group AB(b)

     6,339        36,250  

Elanders AB, Class B

     2,573        29,930  

Fagerhult AB

     4,016        17,812  

Ferronordic AB*

     3,247        10,013  

Granges AB

     3,231        24,120  

HMS Networks AB

     1,038        44,225  

Instalco AB(a)

     4,111        16,970  

Inwido AB

     5,437        59,849  

JM AB

     5,438        89,843  

KNOW IT AB

     1,156        32,218  

Lagercrantz Group AB, Class B

     5,705        46,125  

LeoVegas AB(b)

     13,313        78,599  

Lindab International AB

     3,490        50,507  

Loomis AB

     4,213        102,289  

MIPS AB

     483        21,036  

Munters Group AB(b)

     5,327        30,696  

Mycronic AB

     3,510        49,289  

NCC AB, Class B

     5,942        59,667  

Nobia AB

     15,823        42,308  

 

See Notes to Financial Statements.

 

WisdomTree Trust      43  


Schedule of Investments (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

June 30, 2022

 

 

 

Investments    Shares      Value  

Nolato AB, Class B

     7,499      $ 40,249  

Nordic Paper Holding AB

     11,324        43,650  

Nordic Waterproofing Holding AB

     2,178        29,798  

Peab AB, Class B

     37,906        221,205  

Platzer Fastigheter Holding AB, Class B

     5,794        37,430  

Pricer AB, Class B

     16,923        25,432  

Ratos AB, Class B

     10,929        46,415  

Rottneros AB

     31,259        36,483  

Scandi Standard AB*

     7,389        26,319  

Tethys Oil AB

     6,030        37,366  

Troax Group AB

     1,810        31,263  

Volati AB

     2,333        28,914  
     

 

 

 
Total Sweden

 

     2,387,188  
Switzerland – 1.3%

 

Arbonia AG

     5,221        69,588  

Comet Holding AG, Registered Shares

     127        19,952  

EFG International AG*

     15,156        111,135  

Huber + Suhner AG, Registered Shares

     1,052        83,733  

Landis + Gyr Group AG*(a)

     2,184        114,179  

Mobilezone Holding AG, Registered Shares

     7,151        124,443  

Swissquote Group Holding SA, Registered Shares

     449        45,423  

Valiant Holding AG, Registered Shares

     1,740        152,490  

Zehnder Group AG

     474        27,974  
     

 

 

 
Total Switzerland

 

     748,917  
United Kingdom – 13.0%

 

AJ Bell PLC(a)

     15,405        50,251  

Alliance Pharma PLC

     39,377        54,612  

Assura PLC

     224,382        178,215  

Balfour Beatty PLC

     24,129        74,489  

Begbies Traynor Group PLC

     21,084        36,411  

Bloomsbury Publishing PLC

     8,987        41,310  

Bodycote PLC

     11,960        76,473  

Brewin Dolphin Holdings PLC*

     38,100        236,905  

CareTech Holdings PLC*

     8,799        79,183  

Central Asia Metals PLC

     39,107        105,198  

Chemring Group PLC

     9,405        35,979  

Chesnara PLC

     26,413        89,977  

Clarkson PLC

     2,142        78,301  

CLS Holdings PLC

     33,411        82,166  

Coats Group PLC

     79,224        59,941  

Concentric AB

     1,370        23,583  

Craneware PLC

     1,101        24,603  

Cranswick PLC

     3,458        128,759  

Currys PLC

     57,901        47,886  

Devro PLC

     26,992        60,119  

DiscoverIE Group PLC

     2,724        20,511  

Diversified Energy Co. PLC

     281,639        381,029  

Domino’s Pizza Group PLC

     30,846        104,591  

Drax Group PLC

     45,119        352,330  

EMIS Group PLC

     5,202        117,759  

Essentra PLC

     13,081        39,477  

Euromoney Institutional Investor PLC

     4,057        66,219  

FDM Group Holdings PLC

     8,924        92,013  

Ferrexpo PLC

     247,368      391,442  

Forterra PLC(b)

     14,447        46,933  

Galliford Try Holdings PLC

     17,186        35,482  

Gamma Communications PLC

     1,738        22,711  

Gateley Holdings PLC

     18,185        44,280  

GB Group PLC

     4,218        20,388  

Genuit Group PLC

     7,474        34,719  

Great Portland Estates PLC

     9,467        65,879  

Halfords Group PLC

     7,525        13,059  

Helical PLC

     8,364        38,040  

Hill & Smith Holdings PLC

     4,623        65,015  

Hilton Food Group PLC

     6,396        79,385  

Ibstock PLC(b)

     19,349        38,890  

IG Design Group PLC*(a)

     8,043        8,303  

Impax Asset Management Group PLC

     5,421        39,896  

IntegraFin Holdings PLC

     11,410        31,150  

James Halstead PLC(a)

     16,232        40,017  

Jupiter Fund Management PLC

     80,891        145,491  

Keller Group PLC

     5,595        49,195  

Liontrust Asset Management PLC

     4,096        45,416  

Londonmetric Property PLC

     99,487        275,957  

Luceco PLC(b)

     9,544        12,031  

Marshalls PLC

     5,993        32,606  

MJ Gleeson PLC

     5,493        34,289  

Moneysupermarket.com Group PLC

     60,429        127,769  

Morgan Advanced Materials PLC

     15,385        51,382  

Morgan Sindall Group PLC

     4,463        98,754  

Mortgage Advice Bureau Holdings Ltd.

     3,044        33,271  

NCC Group PLC(a)

     14,385        32,704  

Next Fifteen Communications Group PLC(a)

     3,410        37,271  

Norcros PLC

     8,281        23,332  

Numis Corp. PLC

     10,180        31,031  

Oxford Instruments PLC

     1,600        38,396  

Pagegroup PLC

     5,277        25,609  

Pan African Resources PLC

     262,660        66,190  

Paragon Banking Group PLC

     21,225        126,151  

PayPoint PLC

     11,090        75,692  

Polar Capital Holdings PLC

     16,241        100,592  

PZ Cussons PLC

     26,644        63,680  

QinetiQ Group PLC

     31,357        139,988  

Reach PLC

     14,058        17,124  

Redde Northgate PLC

     32,034        131,105  

Renew Holdings PLC

     6,220        48,345  

Robert Walters PLC

     5,150        29,396  

Sabre Insurance Group PLC(b)

     44,961        112,209  

Safestore Holdings PLC

     12,161        156,698  

Savills PLC

     8,085        99,367  

Serco Group PLC

     46,386        98,133  

Serica Energy PLC

     13,818        47,827  

Smart Metering Systems PLC

     8,687        86,404  

Spirent Communications PLC

     23,043        69,570  

SThree PLC

     8,133        35,212  

Synthomer PLC

     49,353        134,858  

TBC Bank Group PLC

     4,336        66,560  

 

See Notes to Financial Statements.

 

44   WisdomTree Trust


Schedule of Investments (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

June 30, 2022

 

 

 

Investments    Shares      Value  

Telecom Plus PLC

     8,067      $ 191,629  

TI Fluid Systems PLC(a)(b)

     32,882        60,380  

TT Electronics PLC

     14,014        29,852  

Tyman PLC

     11,824        34,248  

Vesuvius PLC

     26,560        98,058  

Victrex PLC

     4,480        96,791  

VIDENDUM PLC

     2,251        35,866  

Vivo Energy PLC(b)

     137,829        244,384  

Watkin Jones PLC

     28,437        75,978  

Wincanton PLC

     12,866        54,219  

Workspace Group PLC

     8,916        60,204  

XPS Pensions Group PLC

     26,376        41,642  
     

 

 

 
Total United Kingdom

 

     7,576,735  

TOTAL COMMON STOCKS

(Cost: $66,376,379)

 

 

     57,257,355  
RIGHTS – 0.0%

 

Portugal – 0.0%

 

Greenvolt-Energias Renovaveis SA,
expiring 7/4/22*

     
(Cost: $0)      922        0  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 4.2%

 

United States – 4.2%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 1.56%(c)

     
(Cost: $2,406,651)      2,406,651      2,406,651  

TOTAL INVESTMENTS IN SECURITIES – 102.7%

(Cost: $68,783,030)

 

 

     59,664,006  

Other Assets less Liabilities – (2.7)%

 

     (1,545,734
     

 

 

 
NET ASSETS – 100.0%

 

   $ 58,118,272  

 

* 

Non-income producing security.

 

 

Security is being fair valued using significant unobservable inputs by a pricing committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $2,070, which represents 0.0% of net assets.

 

(a) 

Security, or portion thereof, was on loan at June 30, 2022 (See Note 2). At June 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $5,221,005 and the total market value of the collateral held by the Fund was $5,664,509. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $3,257,858.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

Rate shown represents annualized 7-day yield as of June 30, 2022.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
   

Amount and
Description of
Currency to be
Purchased

   

Amount and
Description of
Currency to be Sold

    Unrealized
Appreciation
    Unrealized
Depreciation
 

Bank of America NA

    7/6/2022       2,419,172       AUD       1,663,568       USD     $     $ (20

Bank of America NA

    7/6/2022       188,704       CHF       197,114       USD       8        

Bank of America NA

    7/6/2022       1,300,112       DKK       182,768       USD       14        

Bank of America NA

    7/6/2022       2,083,027       EUR       2,177,732       USD       105        

Bank of America NA

    7/6/2022       1,507,191       GBP       1,830,435       USD             (8

Bank of America NA

    7/6/2022       1,137,709       ILS       324,865       USD       8        

Bank of America NA

    7/6/2022       367,198,296       JPY       2,702,909       USD       106        

Bank of America NA

    7/6/2022       4,632,407       NOK       468,886       USD             (1

Bank of America NA

    7/6/2022       5,780,400       SEK       564,093       USD       10        

Bank of America NA

    7/6/2022       494,461       SGD       355,298       USD             (5

Bank of America NA

    7/6/2022       1,566,773       USD       2,183,041       AUD       65,601        

Bank of America NA

    7/6/2022       185,645       USD       177,636       CHF       85        

Bank of America NA

    7/6/2022       172,134       USD       1,193,499       DKK       4,340        

Bank of America NA

    7/6/2022       2,051,020       USD       1,911,411       EUR       52,610        

Bank of America NA

    7/6/2022       1,723,931       USD       1,367,690       GBP       62,922        

Bank of America NA

    7/6/2022       305,962       USD       1,017,538       ILS       15,404        

Bank of America NA

    7/6/2022       2,545,640       USD       327,065,863       JPY       138,047        

Bank of America NA

    7/6/2022       441,604       USD       4,150,522       NOK       21,495        

Bank of America NA

    7/6/2022       531,271       USD       5,192,326       SEK       24,558        

Bank of America NA

    7/6/2022       334,625       USD       458,786       SGD       4,967        

Bank of America NA

    8/3/2022       166,668       USD       1,183,419       DKK             (21

Bank of America NA

    8/3/2022       2,048,027       USD       1,955,385       EUR             (144

Bank of America NA

    8/3/2022       1,706,605       USD       1,404,581       GBP             (42

Bank of America NA

    8/3/2022       327,383       USD       1,144,923       ILS             (33

Bank of America NA

    8/3/2022       2,679,247       USD       363,390,289       JPY             (215

Bank of America NA

    8/3/2022       359,753       USD       3,552,598       NOK             (23

Bank of America NA

    8/3/2022       501,503       USD       5,134,652       SEK             (68

Bank of America NA

    8/3/2022       355,600       USD       494,887       SGD             (7

 

See Notes to Financial Statements.

 

WisdomTree Trust      45  


Schedule of Investments (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

June 30, 2022

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC — OVER THE COUNTER)  
Counterparty   Settlement
Date
   

Amount and
Description of
Currency to be
Purchased

   

Amount and
Description of
Currency to be Sold

    Unrealized
Appreciation
    Unrealized
Depreciation
 

Bank of America NA

    8/4/2022       1,521,266       USD       2,211,808       AUD     $     $ (28

Bank of America NA

    8/4/2022       192,933       USD       184,377       CHF             (14

Barclays Bank PLC

    7/6/2022       2,419,117       AUD       1,663,566       USD             (57

Barclays Bank PLC

    7/6/2022       188,693       CHF       197,115       USD             (4

Barclays Bank PLC

    7/6/2022       1,300,039       DKK       182,768       USD       4        

Barclays Bank PLC

    7/6/2022       2,082,905       EUR       2,177,731       USD             (22

Barclays Bank PLC

    7/6/2022       1,507,165       GBP       1,830,434       USD             (38

Barclays Bank PLC

    7/6/2022       1,137,377       ILS       324,863       USD             (85

Barclays Bank PLC

    7/6/2022       367,179,376       JPY       2,702,909       USD             (33

Barclays Bank PLC

    7/6/2022       4,632,303       NOK       468,885       USD             (11

Barclays Bank PLC

    7/6/2022       5,780,154       SEK       564,091       USD             (12

Barclays Bank PLC

    7/6/2022       494,456       SGD       355,297       USD             (8

Barclays Bank PLC

    8/3/2022       166,669       USD       1,183,308       DKK             (4

Barclays Bank PLC

    8/3/2022       2,048,025       USD       1,955,275       EUR             (30

Barclays Bank PLC

    8/3/2022       1,706,606       USD       1,404,570       GBP             (28

Barclays Bank PLC

    8/3/2022       327,382       USD       1,145,083       ILS             (80

Barclays Bank PLC

    8/3/2022       2,679,247       USD       363,370,195       JPY             (66

Barclays Bank PLC

    8/3/2022       359,753       USD       3,552,526       NOK             (16

Barclays Bank PLC

    8/3/2022       501,502       USD       5,134,150       SEK             (20

Barclays Bank PLC

    8/3/2022       355,599       USD       494,881       SGD             (4

Barclays Bank PLC

    8/4/2022       1,521,264       USD       2,211,815       AUD             (35

Barclays Bank PLC

    8/4/2022       192,933       USD       184,368       CHF             (5

Citibank NA

    7/6/2022       194,533       AUD       135,078       USD             (1,307

Citibank NA

    7/6/2022       15,275       CHF       16,005       USD             (49

Citibank NA

    7/6/2022       104,663       DKK       14,840       USD             (125

Citibank NA

    7/6/2022       167,608       EUR       176,827       USD             (1,590

Citibank NA

    7/6/2022       120,917       GBP       148,627       USD             (1,778

Citibank NA

    7/6/2022       89,974       ILS       26,378       USD             (686

Citibank NA

    7/6/2022       29,663,192       JPY       219,470       USD             (1,114

Citibank NA

    7/6/2022       375,765       NOK       38,072       USD             (38

Citibank NA

    7/6/2022       463,769       SEK       45,803       USD             (544

Citibank NA

    7/6/2022       40,018       SGD       28,850       USD             (95

Goldman Sachs

    7/1/2022       300,000       AUD       206,298       USD             (3

Goldman Sachs

    7/1/2022       10,000       CHF       10,444       USD       2        

Goldman Sachs

    7/1/2022       265,000       DKK       37,246       USD       8        

Goldman Sachs

    7/1/2022       155,000       EUR       162,007       USD       37        

Goldman Sachs

    7/1/2022       120,000       GBP       145,734       USD             (0 )^ 

Goldman Sachs

    7/1/2022       47,300,000       JPY       348,092       USD       74        

Goldman Sachs

    7/1/2022       440,000       NOK       44,535       USD       1        

Goldman Sachs

    7/1/2022       924,000       SEK       90,157       USD       12        

Goldman Sachs

    7/1/2022       27,000       SGD       19,404       USD             (3

Goldman Sachs

    7/6/2022       1,566,771       USD       2,183,066       AUD       65,582        

Goldman Sachs

    7/6/2022       174,086       USD       244,354       AUD       6,055        

Goldman Sachs

    7/6/2022       185,646       USD       177,624       CHF       98        

Goldman Sachs

    7/6/2022       20,627       USD       20,172       CHF             (445

Goldman Sachs

    7/6/2022       172,132       USD       1,193,457       DKK       4,344        

Goldman Sachs

    7/6/2022       19,126       USD       133,427       DKK       368        

Goldman Sachs

    7/6/2022       2,051,021       USD       1,911,358       EUR       52,666        

Goldman Sachs

    7/6/2022       227,891       USD       213,703       EUR       4,461        

Goldman Sachs

    7/6/2022       1,723,929       USD       1,367,657       GBP       62,960        

Goldman Sachs

    7/6/2022       191,548       USD       152,719       GBP       6,077        

Goldman Sachs

    7/6/2022       305,962       USD       1,017,451       ILS       15,429        

Goldman Sachs

    7/6/2022       33,996       USD       114,008       ILS       1,441        

Goldman Sachs

    7/6/2022       2,545,639       USD       327,061,662       JPY       138,077        

 

See Notes to Financial Statements.

 

46   WisdomTree Trust


Schedule of Investments (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

June 30, 2022

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC — OVER THE COUNTER)  
Counterparty   Settlement
Date
   

Amount and
Description of
Currency to be
Purchased

   

Amount and
Description of
Currency to be Sold

    Unrealized
Appreciation
    Unrealized
Depreciation
 

Goldman Sachs

    7/6/2022       282,849       USD       37,945,268       JPY     $ 3,527     $  

Goldman Sachs

    7/6/2022       441,602       USD       4,150,460       NOK       21,499        

Goldman Sachs

    7/6/2022       49,067       USD       468,678       NOK       1,628        

Goldman Sachs

    7/6/2022       531,270       USD       5,192,024       SEK       24,586        

Goldman Sachs

    7/6/2022       59,030       USD       582,968       SEK       2,139        

Goldman Sachs

    7/6/2022       334,625       USD       458,802       SGD       4,955        

Goldman Sachs

    7/6/2022       37,180       USD       51,303       SGD       317        

JP Morgan Chase Bank NA

    7/6/2022       2,419,155       AUD       1,663,568       USD             (32

JP Morgan Chase Bank NA

    7/6/2022       188,694       CHF       197,114       USD             (2

JP Morgan Chase Bank NA

    7/6/2022       1,300,019       DKK       182,768       USD       1        

JP Morgan Chase Bank NA

    7/6/2022       2,082,908       EUR       2,177,732       USD             (20

JP Morgan Chase Bank NA

    7/6/2022       1,507,187       GBP       1,830,435       USD             (12

JP Morgan Chase Bank NA

    7/6/2022       1,137,686       ILS       324,865       USD       1        

JP Morgan Chase Bank NA

    7/6/2022       367,179,105       JPY       2,702,909       USD             (35

JP Morgan Chase Bank NA

    7/6/2022       4,632,372       NOK       468,886       USD             (5

JP Morgan Chase Bank NA

    7/6/2022       5,780,182       SEK       564,093       USD             (12

JP Morgan Chase Bank NA

    7/6/2022       494,462       SGD       355,298       USD             (5

JP Morgan Chase Bank NA

    7/6/2022       1,566,773       USD       2,182,996       AUD       65,632        

JP Morgan Chase Bank NA

    7/6/2022       348,172       USD       506,249       AUD       49        

JP Morgan Chase Bank NA

    7/6/2022       185,645       USD       177,624       CHF       97        

JP Morgan Chase Bank NA

    7/6/2022       41,254       USD       39,297       CHF       204        

JP Morgan Chase Bank NA

    7/6/2022       172,134       USD       1,193,459       DKK       4,346        

JP Morgan Chase Bank NA

    7/6/2022       38,252       USD       271,509       DKK       81        

JP Morgan Chase Bank NA

    7/6/2022       2,051,020       USD       1,911,332       EUR       52,692        

JP Morgan Chase Bank NA

    7/6/2022       455,782       USD       434,839       EUR       1,151        

JP Morgan Chase Bank NA

    7/6/2022       1,723,931       USD       1,367,677       GBP       62,938        

JP Morgan Chase Bank NA

    7/6/2022       383,096       USD       316,023       GBP             (703

JP Morgan Chase Bank NA

    7/6/2022       305,962       USD       1,017,575       ILS       15,394        

JP Morgan Chase Bank NA

    7/6/2022       67,992       USD       235,164       ILS       841        

JP Morgan Chase Bank NA

    7/6/2022       2,545,640       USD       327,054,662       JPY       138,130        

JP Morgan Chase Bank NA

    7/6/2022       565,698       USD       77,387,146       JPY             (3,963

JP Morgan Chase Bank NA

    7/6/2022       441,604       USD       4,150,430       NOK       21,504        

JP Morgan Chase Bank NA

    7/6/2022       98,134       USD       967,870       NOK       168        

JP Morgan Chase Bank NA

    7/6/2022       531,271       USD       5,192,047       SEK       24,585        

JP Morgan Chase Bank NA

    7/6/2022       118,060       USD       1,204,080       SEK       555        

JP Morgan Chase Bank NA

    7/6/2022       334,625       USD       458,785       SGD       4,968        

JP Morgan Chase Bank NA

    7/6/2022       74,361       USD       103,501       SGD             (9

JP Morgan Chase Bank NA

    8/3/2022       166,668       USD       1,183,325       DKK             (8

JP Morgan Chase Bank NA

    8/3/2022       2,048,027       USD       1,955,278       EUR             (32

JP Morgan Chase Bank NA

    8/3/2022       1,706,605       USD       1,404,561       GBP             (18

JP Morgan Chase Bank NA

    8/3/2022       327,383       USD       1,144,880       ILS             (21

JP Morgan Chase Bank NA

    8/3/2022       2,679,247       USD       363,369,659       JPY             (62

JP Morgan Chase Bank NA

    8/3/2022       359,753       USD       3,552,467       NOK             (10

JP Morgan Chase Bank NA

    8/3/2022       501,503       USD       5,134,200       SEK             (24

JP Morgan Chase Bank NA

    8/3/2022       355,600       USD       494,876       SGD       1        

JP Morgan Chase Bank NA

    8/4/2022       1,521,266       USD       2,211,798       AUD             (22

JP Morgan Chase Bank NA

    8/4/2022       192,933       USD       184,367       CHF             (4

UBS AG

    7/6/2022       2,419,148       AUD       1,663,568       USD             (37

UBS AG

    7/6/2022       188,693       CHF       197,114       USD             (3

UBS AG

    7/6/2022       1,300,011       DKK       182,768       USD       0 ^       

UBS AG

    7/6/2022       2,082,898       EUR       2,177,732       USD             (30

UBS AG

    7/6/2022       1,507,180       GBP       1,830,435       USD             (22

UBS AG

    7/6/2022       1,137,682       ILS       324,865       USD       0 ^       

UBS AG

    7/6/2022       367,178,294       JPY       2,702,909       USD             (41

 

See Notes to Financial Statements.

 

WisdomTree Trust      47  


Schedule of Investments (concluded)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

June 30, 2022

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
   

Amount and
Description of
Currency to be
Purchased

   

Amount and
Description of
Currency to be Sold

    Unrealized
Appreciation
    Unrealized
Depreciation
 

UBS AG

    7/6/2022       4,632,350       NOK       468,886       USD     $     $ (7

UBS AG

    7/6/2022       5,780,147       SEK       564,093       USD             (15

UBS AG

    7/6/2022       494,459       SGD       355,298       USD             (7

UBS AG

    7/6/2022       1,566,773       USD       2,183,026       AUD       65,612        

UBS AG

    7/6/2022       185,645       USD       177,628       CHF       94        

UBS AG

    7/6/2022       172,134       USD       1,193,436       DKK       4,349        

UBS AG

    7/6/2022       2,051,020       USD       1,911,314       EUR       52,711        

UBS AG

    7/6/2022       1,723,931       USD       1,367,692       GBP       62,920        

UBS AG

    7/6/2022       305,962       USD       1,017,513       ILS       15,411        

UBS AG

    7/6/2022       2,545,640       USD       327,054,408       JPY       138,132        

UBS AG

    7/6/2022       441,604       USD       4,150,327       NOK       21,515        

UBS AG

    7/6/2022       531,271       USD       5,192,192       SEK       24,571        

UBS AG

    7/6/2022       334,625       USD       458,786       SGD       4,967        

UBS AG

    8/3/2022       166,668       USD       1,183,281       DKK             (2

UBS AG

    8/3/2022       2,048,027       USD       1,955,265       EUR             (19

UBS AG

    8/3/2022       1,706,605       USD       1,404,578       GBP             (39

UBS AG

    8/3/2022       327,383       USD       1,144,839       ILS             (9

UBS AG

    8/3/2022       2,679,247       USD       363,367,783       JPY             (49

UBS AG

    8/3/2022       359,753       USD       3,552,423       NOK             (6

UBS AG

    8/3/2022       501,503       USD       5,134,412       SEK             (45

UBS AG

    8/3/2022       355,600       USD       494,897       SGD             (14

UBS AG

    8/4/2022       1,521,266       USD       2,211,795       AUD             (19

UBS AG

    8/4/2022       192,933       USD       184,368       CHF             (5
                                            $ 1,590,247     $ (14,332
^ 

Amount represents less than $1.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of June 30, 2022 in valuing the Fund’s investments (See Note 2 – Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

        

Investments in Securities

           

Common Stocks

 

Singapore

   $ 2,419,982      $      $  2,070 *     $ 2,422,052  

Other

     54,835,303                      54,835,303  

Rights

                   0 *       0  

Investment of Cash Collateral for Securities Loaned

            2,406,651               2,406,651  

Total Investments in Securities

   $ 57,255,285      $ 2,406,651      $ 2,070      $ 59,664,006  

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ 1,590,247      $      $ 1,590,247  

Liabilities:

        

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (14,332    $      $ (14,332

Total – Net

   $ 57,255,285      $ 3,982,566      $ 2,070      $ 61,239,921  

 

*    Securities

are being fair valued using significant unobservable inputs by the Pricing Committee.

 

1    Amount

shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

48   WisdomTree Trust


Schedule of Investments

WisdomTree Emerging Markets ESG Fund (RESE)

June 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 97.2%

 

Brazil – 3.9%

 

Ambev SA

     50,737      $ 130,009  

B3 SA – Brasil Bolsa Balcao

     63,654        133,408  

Banco Santander Brasil SA

     12,039        66,325  

CCR SA

     40,710        97,543  

Cia Siderurgica Nacional SA

     7,957        23,493  

Energisa SA

     9,448        72,900  

Equatorial Energia SA

     14,792        64,605  

Localiza Rent a Car SA

     7,929        79,465  

Lojas Renner SA

     13,864        59,969  

Magazine Luiza SA

     37,314        16,697  

Raia Drogasil SA

     7,789        28,597  

Suzano SA

     7,904        75,104  

Telefonica Brasil SA

     12,030        108,258  

TOTVS SA

     9,686        43,082  
     

 

 

 
Total Brazil

 

     999,455  
Chile – 0.4%

 

Banco Santander Chile

     1,527,416        60,405  

Cia Cervecerias Unidas SA

     6,681        41,361  
     

 

 

 
Total Chile

 

     101,766  
China – 30.7%

 

360 DigiTech, Inc., ADR

     4,248        73,490  

3SBio, Inc.*(a)

     81,500        64,810  

Alibaba Group Holding Ltd.*

     61,700        879,862  

ANTA Sports Products Ltd.

     10,600        130,221  

Avary Holding Shenzhen Co. Ltd., Class A

     12,500        56,327  

Beijing Roborock Technology Co. Ltd., Class A*

     200        18,397  

Beijing Sinnet Technology Co. Ltd., Class A

     16,200        25,179  

Beijing Yuanliu Hongyuan Electronic Technology Co. Ltd., Class A

     2,600        52,095  

BOE Technology Group Co. Ltd., Class A

     36,800        21,627  

BYD Co. Ltd., Class H

     7,500        300,117  

CanSino Biologics, Inc., Class H*(a)(b)

     4,000        40,959  

Chengtun Mining Group Co. Ltd., Class A*

     36,600        42,364  

China Conch Venture Holdings Ltd.

     33,500        73,003  

China Education Group Holdings Ltd.

     48,000        47,468  

China Feihe Ltd.(a)

     111,000        127,594  

China Hongqiao Group Ltd.(b)

     47,500        53,693  

China Medical System Holdings Ltd.

     64,000        99,830  

China Meidong Auto Holdings Ltd.(b)

     22,000        69,250  

China Minsheng Banking Corp. Ltd., Class H(b)

     260,300        92,882  

Chongqing Zhifei Biological Products Co. Ltd., Class A

     3,200        52,986  

Dali Foods Group Co. Ltd.(a)

     183,700        97,621  

Daqo New Energy Corp., ADR*

     712        50,823  

Dongyue Group Ltd.

     25,000        31,286  

ENN Energy Holdings Ltd.

     9,700        159,340  

Fuyao Glass Industry Group Co. Ltd., Class H(a)

     10,800        54,778  

Geely Automobile Holdings Ltd.

     55,000        125,042  

GOME Retail Holdings Ltd.*(b)

     581,000        28,136  

Great Wall Motor Co. Ltd., Class H

     63,000        129,582  

Haidilao International Holding Ltd.*(a)(b)

     27,000        62,967  

Haier Smart Home Co. Ltd., Class H

     10,400      38,502  

Haitian International Holdings Ltd.

     38,000        97,095  

Hengan International Group Co. Ltd.

     16,600        77,955  

Huazhu Group Ltd., ADR

     951        36,233  

Inner Mongolia Yuan Xing Energy Co. Ltd., Class A*

     18,400        28,845  

JD.com, Inc., Class A*

     6,164        198,582  

Jiangsu Yuyue Medical Equipment & Supply Co. Ltd., Class A

     10,900        41,719  

Jiumaojiu International Holdings Ltd.(a)(b)

     34,000        90,341  

Jointown Pharmaceutical Group Co. Ltd., Class A

     26,700        47,433  

Kingboard Holdings Ltd.

     13,500        51,096  

Lee & Man Paper Manufacturing Ltd.

     108,000        46,382  

Li Auto, Inc., ADR*

     1,056        40,455  

Li Ning Co. Ltd.

     21,000        194,560  

LONGi Green Energy Technology Co. Ltd., Class A

     2,900        28,822  

Lufax Holding Ltd., ADR

     4,886        29,316  

Ming Yang Smart Energy Group Ltd., Class A

     12,600        63,524  

Minth Group Ltd.

     20,000        54,543  

Pinduoduo, Inc., ADR*

     568        35,102  

Ping An Healthcare and Technology Co. Ltd.*(a)

     11,800        34,963  

Ping An Insurance Group Co. of China Ltd., Class H

     37,500        254,956  

Satellite Chemical Co. Ltd., Class A

     4,900        18,893  

Shandong Weigao Group Medical Polymer Co. Ltd., Class H

     64,000        74,383  

Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H

     10,500        38,872  

Shenzhou International Group Holdings Ltd.

     2,400        29,071  

Sichuan Hebang Biotechnology Co. Ltd., Class A*

     55,300        35,139  

Sino Biopharmaceutical Ltd.

     147,000        93,105  

TAL Education Group, ADR*

     12,419        60,481  

TBEA Co. Ltd., Class A

     8,300        33,910  

TCL Technology Group Corp., Class A

     55,700        39,796  

Tencent Holdings Ltd.

     26,800        1,210,396  

Tingyi Cayman Islands Holding Corp.

     66,000        113,043  

Tongcheng Travel Holdings Ltd.*

     46,800        100,674  

Tongwei Co. Ltd., Class A

     3,900        34,822  

Topsports International Holdings Ltd.(a)

     69,000        62,696  

Trina Solar Co. Ltd., Class A

     4,725        45,987  

Trip.com Group Ltd., ADR*

     3,832        105,188  

Uni-President China Holdings Ltd.

     105,000        90,054  

Vipshop Holdings Ltd., ADR*

     8,309        82,176  

Want Want China Holdings Ltd.

     165,600        143,928  

WUS Printed Circuit Kunshan Co. Ltd., Class A

     25,100        55,260  

Xinjiang Goldwind Science & Technology Co. Ltd., Class H

     42,000        78,573  

Xinyi Solar Holdings Ltd.

     63,952        98,777  

Yadea Group Holdings Ltd.(a)

     66,000        129,192  

Yum China Holdings, Inc.

     3,147        152,629  

Zhefu Holding Group Co. Ltd., Class A

     125,510        89,674  

ZhongAn Online P&C Insurance Co. Ltd., Class H*(a)(b)

     26,300        85,634  

Zhongsheng Group Holdings Ltd.

     11,500        81,117  

Zhuzhou Kibing Group Co. Ltd., Class A

     29,800        56,673  

Zibo Qixiang Tengda Chemical Co. Ltd., Class A*

     24,200        29,274  
     

 

 

 
Total China

 

     7,821,570  

 

See Notes to Financial Statements.

 

WisdomTree Trust      49  


Schedule of Investments (continued)

WisdomTree Emerging Markets ESG Fund (RESE)

June 30, 2022

 

 

 

Investments    Shares      Value  
Hong Kong – 0.6%

 

Kingboard Laminates Holdings Ltd.

     41,500      $ 51,195  

Vinda International Holdings Ltd.(b)

     44,000        112,706  
     

 

 

 
Total Hong Kong

 

     163,901  
India – 15.1%

 

Adani Green Energy Ltd.*

     4,582        111,956  

Adani Total Gas Ltd.*

     4,069        123,292  

Ambuja Cements Ltd.

     25,603        117,685  

Asian Paints Ltd.

     4,534        154,738  

Axis Bank Ltd.*

     16,377        132,057  

Bajaj Auto Ltd.

     1,841        86,408  

Bajaj Finserv Ltd.

     387        53,570  

Balkrishna Industries Ltd.

     1,374        37,392  

Bandhan Bank Ltd.(a)

     9,361        31,234  

Berger Paints India Ltd.

     4,740        34,110  

Cipla Ltd.

     6,635        77,060  

Colgate-Palmolive India Ltd.

     4,205        79,169  

Dabur India Ltd.

     9,841        61,802  

Divi’s Laboratories Ltd.

     1,402        64,451  

Dr. Reddy’s Laboratories Ltd.

     1,710        95,139  

Godrej Consumer Products Ltd.*

     7,714        73,997  

Grasim Industries Ltd.

     4,178        69,874  

Havells India Ltd.

     5,308        73,814  

HCL Technologies Ltd.

     9,398        115,820  

HDFC Asset Management Co. Ltd.(a)

     1,594        36,177  

HDFC Life Insurance Co. Ltd.(a)

     4,863        33,868  

Hero MotoCorp Ltd.

     2,332        80,311  

Housing Development Finance Corp. Ltd.

     9,006        247,563  

ICICI Bank Ltd.

     25,853        231,514  

ICICI Lombard General Insurance Co. Ltd.(a)

     3,642        51,695  

ICICI Prudential Life Insurance Co. Ltd.(a)

     6,317        39,115  

Indus Towers Ltd.

     19,483        51,586  

Infosys Ltd.

     17,090        316,362  

JSW Steel Ltd.

     9,778        69,894  

Kotak Mahindra Bank Ltd.

     4,908        103,234  

Marico Ltd.

     17,455        105,628  

Maruti Suzuki India Ltd.

     990        106,189  

Mphasis Ltd.

     1,222        35,498  

Muthoot Finance Ltd.

     3,014        37,261  

Nestle India Ltd.

     435        96,229  

Page Industries Ltd.

     93        47,301  

PI Industries Ltd.

     934        30,271  

Piramal Enterprises Ltd.

     3,097        64,930  

Samvardhana Motherson International Ltd.

     15,570        23,294  

Shriram Transport Finance Co. Ltd.

     3,368        54,647  

SRF Ltd.

     960        27,378  

Tech Mahindra Ltd.

     8,123        102,859  

Torrent Pharmaceuticals Ltd.

     1,907        69,068  

UltraTech Cement Ltd.

     1,564        111,049  

Wipro Ltd.

     16,590        87,401  
     

 

 

 
Total India

 

     3,853,890  
Indonesia – 1.7%

 

Bank Central Asia Tbk PT

     400,000      194,664  

Barito Pacific Tbk PT

     444,800        22,542  

Indocement Tunggal Prakarsa Tbk PT

     67,500        42,931  

Indofood CBP Sukses Makmur Tbk PT

     53,400        34,232  

Indofood Sukses Makmur Tbk PT

     73,900        34,972  

Kalbe Farma Tbk PT

     681,200        75,905  

Merdeka Copper Gold Tbk PT*

     97,600        26,140  
     

 

 

 
Total Indonesia

 

     431,386  
Malaysia – 1.7%

 

HAP Seng Consolidated Bhd

     21,000        33,972  

Hartalega Holdings Bhd

     62,000        43,045  

Hong Leong Bank Bhd

     21,900        101,662  

Hong Leong Financial Group Bhd

     17,900        75,133  

Nestle Malaysia Bhd

     3,600        108,306  

Westports Holdings Bhd

     76,500        61,616  
     

 

 

 
Total Malaysia

 

     423,734  
Mexico – 4.1%

 

America Movil SAB de CV, Series L

     206,646        210,479  

Arca Continental SAB de CV

     18,468        121,285  

Cemex SAB de CV, Series CPO*

     225,683        87,585  

Coca-Cola Femsa SAB de CV

     19,999        110,365  

Gruma SAB de CV, Class B(b)

     2,384        26,297  

Grupo Aeroportuario del Sureste SAB de CV, Class B

     2,615        51,226  

Grupo Bimbo SAB de CV, Series A

     45,345        146,919  

Grupo Financiero Banorte SAB de CV, Class O

     27,438        152,545  

Industrias Penoles SAB de CV

     6,345        58,557  

Kimberly-Clark de Mexico SAB de CV, Class A(b)

     56,803        76,664  
     

 

 

 
Total Mexico

 

     1,041,922  
Philippines – 0.7%

 

Globe Telecom, Inc.

     1,775        73,215  

Jollibee Foods Corp.

     7,870        29,141  

PLDT, Inc.

     2,220        67,829  
     

 

 

 
Total Philippines

 

     170,185  
Poland – 0.3%

 

Orange Polska SA*

     62,867        87,676  
Russia – 0.0%

 

Novolipetsk Steel PJSC, GDR

     2,772        0  

PhosAgro PJSC, GDR(c)

     3,402        0  

Polyus PJSC, GDR(c)

     871        0  

TCS Group Holding PLC, GDR*(c)

     872        0  

X5 Retail Group NV, GDR(c)

     2,404        0  
     

 

 

 
Total Russia

 

     0  
South Africa – 5.4%

 

Absa Group Ltd.

     9,069        85,583  

Anglo American Platinum Ltd.

     1,096        95,334  

AngloGold Ashanti Ltd.

     5,488        82,083  

Aspen Pharmacare Holdings Ltd.

     9,138        77,555  

 

See Notes to Financial Statements.

 

50   WisdomTree Trust


Schedule of Investments (continued)

WisdomTree Emerging Markets ESG Fund (RESE)

June 30, 2022

 

 

 

Investments    Shares      Value  

Clicks Group Ltd.

     4,947      $ 82,531  

FirstRand Ltd.

     43,435        165,362  

Gold Fields Ltd.

     11,964        111,735  

Harmony Gold Mining Co. Ltd.

     10,001        31,726  

Impala Platinum Holdings Ltd.

     8,927        98,705  

Mr. Price Group Ltd.

     4,852        52,532  

Nedbank Group Ltd.

     6,834        86,459  

Pepkor Holdings Ltd.(a)

     23,767        27,738  

Sibanye Stillwater Ltd.

     19,121        47,468  

Standard Bank Group Ltd.

     12,243        115,962  

Vodacom Group Ltd.

     11,426        91,457  

Woolworths Holdings Ltd.

     33,671        111,500  
     

 

 

 
Total South Africa

 

     1,363,730  
South Korea – 13.7%

 

CJ CheilJedang Corp.

     332        96,910  

Coway Co. Ltd.

     1,445        71,115  

DB Insurance Co. Ltd.

     2,252        106,321  

Doosan Enerbility Co. Ltd.*

     4,215        62,978  

GS Engineering & Construction Corp.

     2,862        69,544  

Hana Financial Group, Inc.

     4,037        122,347  

Hankook Tire & Technology Co. Ltd.

     2,340        59,383  

Hanon Systems

     2,746        21,255  

Hanwha Solutions Corp.*

     1,817        53,038  

HLB, Inc.*

     801        21,839  

Hyundai Engineering & Construction Co. Ltd.

     2,326        74,076  

Hyundai Glovis Co. Ltd.

     661        91,381  

Hyundai Steel Co.

     2,530        62,548  

KB Financial Group, Inc.

     3,655        135,542  

Korea Investment Holdings Co. Ltd.

     455        21,622  

Korea Zinc Co. Ltd.

     74        27,784  

LG Chem Ltd.

     338        134,325  

LG Display Co. Ltd.

     5,024        56,299  

LG Electronics, Inc.

     1,366        92,897  

LG Innotek Co. Ltd.

     332        87,577  

LG Uplus Corp.

     3,920        38,493  

Lotte Chemical Corp.

     378        52,403  

Meritz Financial Group, Inc.

     2,058        40,973  

Meritz Fire & Marine Insurance Co. Ltd.

     925        23,617  

Meritz Securities Co. Ltd.

     19,020        66,506  

Mirae Asset Securities Co. Ltd.

     7,819        39,866  

NH Investment & Securities Co. Ltd.

     5,789        40,350  

Pan Ocean Co. Ltd.

     4,430        20,267  

Samsung Electro-Mechanics Co. Ltd.

     680        68,346  

Samsung Electronics Co. Ltd.

     20,833        914,573  

Samsung Engineering Co. Ltd.*

     4,821        80,016  

Samsung Fire & Marine Insurance Co. Ltd.

     593        91,800  

Samsung Life Insurance Co. Ltd.

     1,483        71,500  

Samsung SDS Co. Ltd.

     467        46,758  

Samsung Securities Co. Ltd.

     2,148        55,338  

Shinhan Financial Group Co. Ltd.

     4,755        135,684  

SK Chemicals Co. Ltd.

     437        30,998  

SK Hynix, Inc.

     2,758        193,298  
     

 

 

 
Total South Korea

 

     3,479,567  
Taiwan – 17.7%

 

Acer, Inc.

     62,000      45,249  

Advantech Co. Ltd.

     5,499        63,990  

ASE Technology Holding Co. Ltd.

     16,000        41,112  

Asia Cement Corp.

     20,000        29,462  

Asustek Computer, Inc.

     3,000        31,328  

AUO Corp.

     54,000        29,603  

Catcher Technology Co. Ltd.

     6,000        33,397  

Cathay Financial Holding Co. Ltd.

     71,714        122,765  

Chailease Holding Co. Ltd.

     14,658        102,786  

Cheng Shin Rubber Industry Co. Ltd.

     23,000        27,383  

China Development Financial Holding Corp.

     235,114        116,238  

Compal Electronics, Inc.

     41,000        31,370  

CTBC Financial Holding Co. Ltd.

     146,720        123,856  

Delta Electronics, Inc.

     10,000        74,495  

E Ink Holdings, Inc.*

     7,000        44,378  

E.Sun Financial Holding Co. Ltd.

     96,772        94,385  

Eclat Textile Co. Ltd.

     2,000        27,948  

Evergreen Marine Corp. Taiwan Ltd.

     37,000        105,275  

Far Eastern New Century Corp.

     42,000        44,919  

Feng TAY Enterprise Co. Ltd.

     8,200        48,400  

Fubon Financial Holding Co. Ltd.

     67,392        135,539  

Giant Manufacturing Co. Ltd.

     4,000        32,287  

Hiwin Technologies Corp.

     4,000        32,085  

Hon Hai Precision Industry Co. Ltd.

     47,880        175,523  

Hotai Motor Co. Ltd.

     1,000        20,381  

Innolux Corp.

     88,000        35,811  

Inventec Corp.

     31,000        26,221  

Lite-On Technology Corp.

     15,014        29,237  

MediaTek, Inc.

     7,000        153,262  

Micro-Star International Co. Ltd.

     9,000        34,355  

momo.com, Inc.

     1,200        25,749  

Nan Ya Printed Circuit Board Corp.

     2,000        17,522  

Nanya Technology Corp.

     9,000        14,953  

Nien Made Enterprise Co. Ltd.

     3,000        29,563  

Novatek Microelectronics Corp.

     2,000        20,314  

Pegatron Corp.

     14,000        26,838  

Quanta Computer, Inc.

     19,000        50,993  

Realtek Semiconductor Corp.

     5,000        61,042  

Shanghai Commercial & Savings Bank Ltd.

     25,000        44,647  

Shin Kong Financial Holding Co. Ltd.

     110,297        32,495  

SinoPac Financial Holdings Co. Ltd.

     118,000        66,672  

Synnex Technology International Corp.

     27,150        48,578  

Taishin Financial Holding Co. Ltd.

     94,998        52,078  

Taiwan Semiconductor Manufacturing Co. Ltd.

     108,000        1,728,959  

Unimicron Technology Corp.

     6,000        31,984  

United Microelectronics Corp.

     64,000        84,269  

Vanguard International Semiconductor Corp.

     10,000        25,829  

Voltronic Power Technology Corp.

     1,000        48,598  

Wan Hai Lines Ltd.

     5,600        22,412  

Winbond Electronics Corp.

     24,000        17,516  

Wiwynn Corp.

     1,000        23,442  

WPG Holdings Ltd.

     14,000        25,944  

 

See Notes to Financial Statements.

 

WisdomTree Trust      51  


 

Schedule of Investments (continued)

WisdomTree Emerging Markets ESG Fund (RESE)

June 30, 2022

 

 

 

Investments    Shares      Value  

Yuanta Financial Holding Co. Ltd.

     154,120      $ 102,113  
     

 

 

 
Total Taiwan               4,515,550  
Thailand – 1.0%      

Asset World Corp. PCL, NVDR*

     183,100        25,273  

Energy Absolute PCL, NVDR

     17,800        41,032  

Home Product Center PCL, NVDR

     56,900        20,439  

Indorama Ventures PCL, NVDR

     47,100        62,614  

Muangthai Capital PCL, NVDR

     19,500        23,579  

Srisawad Corp. PCL, NVDR

     15,700        21,537  

Thai Union Group PCL, NVDR

     102,400        49,527  
     

 

 

 
Total Thailand               244,001  
Turkey – 0.2%      

Turkcell Iletisim Hizmetleri AS

     60,810        59,002  
TOTAL COMMON STOCKS
(Cost: $23,778,390)
              24,757,335  
PREFERRED STOCKS – 2.3%

 

Brazil – 2.3%

 

Alpargatas SA

     5,743        21,020  

Banco Bradesco SA

     53,089        174,613  

Braskem SA, Class A

     7,680        54,691  

Gerdau SA

     8,311        35,520  

Itau Unibanco Holding SA

     43,906        190,335  

Itausa SA

     71,776        114,470  
TOTAL PREFERRED STOCKS
(Cost: $711,082)
              590,649  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.9%

 

United States – 0.9%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 1.56%(d)

     
(Cost: $224,927)      224,927      $ 224,927  

TOTAL INVESTMENTS IN SECURITIES – 100.4%

(Cost: $24,714,399)

 

 

     25,572,911  

Other Assets less Liabilities – (0.4)%

 

     (91,826
  

 

 

 
NET ASSETS – 100.0%

 

   $ 25,481,085  
* 

Non-income producing security.

 

 

Security is being fair valued using significant unobservable inputs by a pricing committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $0, which represents 0.0% of net assets.

 

(a) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(b) 

Security, or portion thereof, was on loan at June 30, 2022 (See Note 2). At June 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $601,144 and the total market value of the collateral held by the Fund was $679,135. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $454,208.

 

(c) 

This security is exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. This security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933.

 

(d) 

Rate shown represents annualized 7-day yield as of June 30, 2022.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of June 30, 2022 in valuing the Fund’s investments (See Note 2 – Fair Value Measurement):

 

      Quoted
Prices in
Active Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

           

Investments in Securities

           

Common Stocks

           

Russia

   $      $      $ 0 *     $ 0  

Other

     24,757,335                      24,757,335  

Preferred Stocks

     590,649                      590,649  

Investment of Cash Collateral for Securities Loaned

            224,927               224,927  

Total Investments in Securities

   $ 25,347,984      $ 224,927      $ 0      $ 25,572,911  

 

* 

Securities are being fair valued using significant unobservable inputs by the Pricing Committee.

 

See Notes to Financial Statements.

 

52   WisdomTree Trust


Schedule of Investments (concluded)

WisdomTree Emerging Markets ESG Fund (RESE)

June 30, 2022

 

The following is a reconciliation of assets in which significant unobservable inputs (Level 3) were used in determining fair value:

 

 

   
     Common Stocks  
      Russia  

Balance as of June 30, 2021

   $  

Realized gain (loss)

     14,774  

Change in unrealized appreciation (depreciation)

     (376,874

Purchases

     148,738  

Sales

     (89,366

Transfers into Level 3(1)

     302,728  

Transfers out of Level 3

      

Balance as of June 30, 2022

   $ 0  

Net change in unrealized appreciation (depreciation) from investments still held as of June 30, 2022 is:

   $ (376,874
  (1) 

Transferred into Level 3 because of a lack of observable market data, resulting from a decrease in market activity for the securities.

 

See Notes to Financial Statements.

 

WisdomTree Trust      53  


Schedule of Investments

WisdomTree International ESG Fund (RESD)

June 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.9%

 

Australia – 8.9%

 

APA Group

     2,862      $ 22,180  

Australia & New Zealand Banking Group Ltd.

     4,027        61,005  

BlueScope Steel Ltd.

     942        10,299  

Brambles Ltd.

     6,379        46,980  

Commonwealth Bank of Australia

     1,492        92,727  

Computershare Ltd.

     1,799        30,482  

CSL Ltd.

     42        7,771  

Fortescue Metals Group Ltd.

     2,267        27,327  

Macquarie Group Ltd.

     443        50,114  

Medibank Pvt Ltd.

     10,945        24,461  

Mineral Resources Ltd.

     407        13,509  

National Australia Bank Ltd.(a)

     3,965        74,680  

QBE Insurance Group Ltd.

     4,240        35,425  

Ramsay Health Care Ltd.

     270        13,598  

Sonic Healthcare Ltd.

     689        15,640  

Suncorp Group Ltd.

     4,200        31,712  

Transurban Group

     5,026        49,699  

Westpac Banking Corp.(a)

     3,956        53,047  
     

 

 

 
Total Australia               660,656  
Belgium – 0.9%      

Elia Group SA/NV

     173        24,453  

UCB SA

     196        16,524  

Umicore SA

     698        24,314  
     

 

 

 
Total Belgium               65,291  
China – 0.6%      

SITC International Holdings Co. Ltd.

     6,000        16,975  

Wilmar International Ltd.

     2,300        6,676  

Xinyi Glass Holdings Ltd.

     8,000        19,187  
     

 

 

 
Total China               42,838  
Denmark – 3.5%      

AP Moller - Maersk A/S, Class B

     10        23,273  

Chr Hansen Holding A/S

     316        22,949  

Coloplast A/S, Class B

     199        22,616  

Demant A/S*

     218        8,161  

Novo Nordisk A/S, Class B

     1,356        150,062  

Novozymes A/S, Class B

     562        33,657  
     

 

 

 
Total Denmark               260,718  
Finland – 1.7%      

Nokia Oyj*

     12,190        56,577  

Nordea Bank Abp

     5,403        47,453  

Orion Oyj, Class B

     482        21,467  
     

 

 

 
Total Finland               125,497  
France – 8.3%      

Arkema SA

     203        18,022  

BioMerieux

     190        18,513  

Bouygues SA

     1,072        32,904  

Bureau Veritas SA(a)

     1,500        38,342  

Capgemini SE

     294        50,238  

Cie Generale des Etablissements Michelin SCA

     1,432        38,887  

Danone SA

     831        46,271  

Ipsen SA

     293        27,584  

L’Oreal SA

     217      74,706  

La Francaise des Jeux SAEM(b)

     806        27,824  

Orange SA

     4,289        50,310  

Orpea SA*(a)

     303        7,362  

Pernod Ricard SA

     228        41,785  

Sanofi

     827        83,294  

Sartorius Stedim Biotech

     57        17,835  

Sodexo SA

     604        42,345  
     

 

 

 
Total France               616,222  
Germany – 7.0%      

Bayer AG, Registered Shares

     705        41,805  

Bayerische Motoren Werke AG

     615        47,231  

Beiersdorf AG

     305        31,083  

Covestro AG(b)

     558        19,239  

Deutsche Post AG, Registered Shares

     1,592        59,484  

Evonik Industries AG

     1,298        27,628  

Fresenius Medical Care AG & Co. KGaA

     317        15,785  

Fresenius SE & Co. KGaA

     238        7,191  

GEA Group AG

     854        29,365  

HeidelbergCement AG

     487        23,339  

LANXESS AG

     617        22,048  

Merck KGaA

     243        40,901  

Muenchener Rueckversicherungs – Gesellschaft AG in Muenchen, Registered Shares

     264        61,879  

SAP SE

     1,064        96,697  
     

 

 

 
Total Germany               523,675  
Hong Kong – 1.2%      

Hang Seng Bank Ltd.

     2,300        40,595  

MTR Corp. Ltd.

     8,000        41,800  

WH Group Ltd.(b)

     10,500        8,109  
     

 

 

 
Total Hong Kong               90,504  
Ireland – 0.6%      

CRH PLC

     1,209        41,710  
Israel – 0.3%      

Check Point Software Technologies Ltd.*

     178        21,677  
Italy – 2.0%      

Amplifon SpA

     242        7,400  

Assicurazioni Generali SpA

     3,180        50,616  

DiaSorin SpA

     62        8,115  

Recordati Industria Chimica e Farmaceutica SpA

     169        7,334  

Snam SpA

     6,426        33,584  

Terna - Rete Elettrica Nazionale

     5,798        45,389  
     

 

 

 
Total Italy               152,438  
Japan – 25.7%      

Advantest Corp.

     400        21,376  

AGC, Inc.

     700        24,578  

Aisin Corp.

     400        12,366  

Ajinomoto Co., Inc.

     1,500        36,436  

Asahi Group Holdings Ltd.

     400        13,087  

Asahi Kasei Corp.

     1,700        12,964  

Astellas Pharma, Inc.

     2,200        34,250  

Bandai Namco Holdings, Inc.

     100        7,051  

Canon, Inc.(a)

     1,500        34,062  

 

See Notes to Financial Statements.

 

54   WisdomTree Trust


Schedule of Investments (continued)

WisdomTree International ESG Fund (RESD)

June 30, 2022

 

 

 

Investments    Shares      Value  

Chugai Pharmaceutical Co. Ltd.

     700      $ 17,879  

Dai Nippon Printing Co. Ltd.

     1,200        25,845  

Dai-ichi Life Holdings, Inc.

     1,500        27,713  

Daiichi Sankyo Co. Ltd.

     300        7,590  

Daiwa Securities Group, Inc.

     5,600        24,980  

Eisai Co. Ltd.

     200        8,428  

Fuji Electric Co. Ltd.

     700        28,957  

FUJIFILM Holdings Corp.

     700        37,500  

Fujitsu Ltd.

     400        49,950  

Hitachi Construction Machinery Co. Ltd.

     700        15,483  

Hitachi Metals Ltd.*

     600        9,067  

Honda Motor Co. Ltd.

     1,700        41,206  

Itochu Techno-Solutions Corp.

     800        19,580  

Japan Post Holdings Co. Ltd.

     1,600        11,413  

Japan Post Insurance Co. Ltd.

     600        9,588  

Kajima Corp.

     1,200        13,753  

Kao Corp.

     800        32,223  

Kirin Holdings Co. Ltd.

     600        9,440  

Kyowa Kirin Co. Ltd.

     400        8,980  

Lixil Corp.

     1,200        22,436  

Mazda Motor Corp.

     3,900        31,865  

McDonald’s Holdings Co. Japan Ltd.

     300        10,909  

Medipal Holdings Corp.

     700        9,862  

MEIJI Holdings Co. Ltd.

     300        14,707  

Mitsubishi Chemical Holdings Corp.

     1,400        7,595  

Mitsubishi Gas Chemical Co., Inc.

     700        10,073  

Mitsubishi UFJ Financial Group, Inc.

     10,400        55,837  

Mitsui Chemicals, Inc.

     400        8,509  

Mizuho Financial Group, Inc.

     2,600        29,530  

MS&AD Insurance Group Holdings, Inc.

     1,100        33,667  

NEC Corp.

     1,100        42,671  

NGK Insulators Ltd.

     900        12,110  

Nippon Sanso Holdings Corp.

     500        7,961  

Nippon Shinyaku Co. Ltd.

     100        6,073  

Nippon Telegraph & Telephone Corp.

     2,000        57,355  

Nissan Chemical Corp.

     100        4,600  

Nisshin Seifun Group, Inc.

     700        8,182  

Nissin Foods Holdings Co. Ltd.

     100        6,897  

Nitto Denko Corp.

     400        25,851  

Nomura Holdings, Inc.

     7,800        28,472  

Nomura Research Institute Ltd.

     1,300        34,544  

NTT Data Corp.

     2,100        28,999  

Obayashi Corp.(a)

     3,100        22,476  

Oji Holdings Corp.

     2,100        9,089  

Olympus Corp.

     1,100        22,076  

Ono Pharmaceutical Co. Ltd.

     600        15,378  

Oracle Corp.

     100        5,786  

Otsuka Holdings Co. Ltd.

     300        10,639  

Panasonic Holdings Corp.

     3,500        28,249  

Pola Orbis Holdings, Inc.

     700        8,610  

Ryohin Keikaku Co. Ltd.

     700        7,126  

Santen Pharmaceutical Co. Ltd.

     1,100        8,615  

SCSK Corp.

     1,900        32,111  

Secom Co. Ltd.

     300        18,512  

Seiko Epson Corp.

     1,600        22,612  

Sekisui Chemical Co. Ltd.

     1,900      25,971  

Sekisui House Ltd.

     1,600        27,989  

SG Holdings Co. Ltd.

     700        11,794  

Sharp Corp.

     1,800        13,899  

Shimizu Corp.

     1,800        9,937  

Shin-Etsu Chemical Co. Ltd.

     200        22,524  

Shionogi & Co. Ltd.

     200        10,092  

Shiseido Co. Ltd.

     200        8,017  

Sohgo Security Services Co. Ltd.

     300        8,325  

Sompo Holdings, Inc.

     700        30,828  

Sumitomo Metal Mining Co. Ltd.

     200        6,257  

Sumitomo Mitsui Financial Group, Inc.

     1,300        38,582  

Sumitomo Mitsui Trust Holdings, Inc.

     700        21,538  

Sumitomo Pharma Co. Ltd.

     1,000        8,031  

Suntory Beverage & Food Ltd.

     500        18,880  

Sysmex Corp.

     400        24,043  

Taisei Corp.

     400        12,440  

Takeda Pharmaceutical Co. Ltd.

     1,100        30,914  

Terumo Corp.

     300        9,027  

TIS, Inc.

     600        15,701  

Tokio Marine Holdings, Inc.

     800        46,538  

Tokyo Electron Ltd.

     100        32,608  

Tokyo Gas Co. Ltd.

     2,000        41,323  

Tosoh Corp.

     900        11,163  

TOTO Ltd.

     800        26,381  

Toyo Suisan Kaisha Ltd.

     600        23,363  

Trend Micro, Inc.

     200        9,746  

Unicharm Corp.(a)

     500        16,709  

USS Co. Ltd.

     500        8,645  

Yakult Honsha Co. Ltd.

     200        11,527  

Yamaha Motor Co. Ltd.

     1,100        20,129  

Yamato Holdings Co. Ltd.

     500        7,986  
     

 

 

 
Total Japan               1,916,636  
Netherlands – 3.9%      

Akzo Nobel NV

     418        27,365  

Heineken Holding NV

     341        24,759  

Heineken NV

     266        24,194  

Koninklijke DSM NV

     265        37,982  

Koninklijke KPN NV

     13,460        47,858  

Koninklijke Philips NV

     1,300        27,936  

NN Group NV

     19        861  

QIAGEN NV*

     228        10,655  

Randstad NV

     784        37,867  

Wolters Kluwer NV

     545        52,738  
     

 

 

 
Total Netherlands               292,215  
Norway – 0.8%      

Orkla ASA

     2,807        22,366  

Telenor ASA

     2,900        38,452  
     

 

 

 
Total Norway               60,818  
Singapore – 1.2%      

Genting Singapore Ltd.

     40,900        21,160  

Keppel Corp. Ltd.

     8,900        41,504  

 

See Notes to Financial Statements.

 

WisdomTree Trust      55  


Schedule of Investments (continued)

WisdomTree International ESG Fund (RESD)

June 30, 2022

 

 

 

Investments    Shares      Value  

Singapore Exchange Ltd.

     3,800      $ 25,830  
     

 

 

 
Total Singapore               88,494  
Spain – 3.6%      

Banco Bilbao Vizcaya Argentaria SA

     11,987        54,269  

Enagas SA(a)

     1,553        34,209  

Grifols SA(a)

     1,210        22,814  

Industria de Diseno Textil SA

     2,532        57,150  

Red Electrica Corp. SA

     2,252        42,437  

Telefonica SA

     11,868        60,325  
     

 

 

 
Total Spain               271,204  
Sweden – 2.2%      

Essity AB, Class B

     931        24,267  

Getinge AB, Class B

     543        12,526  

H & M Hennes & Mauritz AB, Class B(a)

     3,522        41,986  

Securitas AB, Class B

     2,481        21,335  

Svenska Cellulosa AB SCA, Class B

     1,399        20,860  

Telefonaktiebolaget LM Ericsson, Class B

     5,516        41,055  
     

 

 

 
Total Sweden               162,029  
Switzerland – 12.8%      

Alcon, Inc.

     126        8,776  

Barry Callebaut AG, Registered Shares

     3        6,675  

Clariant AG, Registered Shares*

     1,466        27,839  

Coca-Cola HBC AG*

     1,446        31,996  

EMS-Chemie Holding AG, Registered Shares

     12        8,906  

Geberit AG, Registered Shares

     89        42,652  

Givaudan SA, Registered Shares

     15        52,598  

Kuehne + Nagel International AG, Registered Shares

     154        36,355  

Nestle SA, Registered Shares

     1,901        221,285  

Novartis AG, Registered Shares

     1,436        121,273  

Roche Holding AG

     449        149,401  

Sika AG, Registered Shares

     142        32,632  

Sonova Holding AG, Registered Shares

     96        30,484  

STMicroelectronics NV

     1,462        45,853  

Swiss Re AG

     692        53,475  

Swisscom AG, Registered Shares

     90        49,581  

Temenos AG, Registered Shares

     363        30,948  
     

 

 

 
Total Switzerland               950,729  
United Kingdom – 13.7%      

Anglo American PLC

     1,275        45,477  

Antofagasta PLC

     1,301        18,249  

Associated British Foods PLC

     590        11,307  

AstraZeneca PLC

     101        13,247  

Barclays PLC

     29,885        55,573  

Bunzl PLC

     1,135      37,479  

Compass Group PLC

     2,372        48,395  

Croda International PLC

     415        32,619  

Diageo PLC

     1,973        84,595  

Experian PLC

     1,870        54,641  

Ferguson PLC

     402        44,857  

GSK PLC

     3,742        80,237  

Hikma Pharmaceuticals PLC

     404        7,936  

Johnson Matthey PLC

     1,459        34,117  

Kingfisher PLC

     14,385        42,679  

National Grid PLC

     5,336        68,173  

Next PLC

     484        34,445  

Reckitt Benckiser Group PLC

     693        51,927  

RELX PLC

     2,788        75,370  

Smith & Nephew PLC

     511        7,121  

SSE PLC

     2,090        41,017  

Taylor Wimpey PLC

     27,834        39,431  

Unilever PLC

     2,091        94,492  
     

 

 

 
Total United Kingdom               1,023,384  

TOTAL COMMON STOCKS

(Cost: $7,593,507)

              7,366,735  
PREFERRED STOCK – 0.4%      
Germany – 0.4%      

Henkel AG & Co. KGaA

     
(Cost: $35,957)      464        28,513  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.7%

 

United States – 2.7%      

State Street Navigator Securities Lending Government Money Market Portfolio, 1.56%(c)

     
(Cost: $203,121)      203,121        203,121  
TOTAL INVESTMENTS IN SECURITIES – 102.0%
(Cost: $7,832,585)

 

     7,598,369  

Other Assets less Liabilities – (2.0)%

 

     (151,734
     

 

 

 
NET ASSETS – 100.0%

 

   $ 7,446,635  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at June 30, 2022 (See Note 2). At June 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $292,233 and the total market value of the collateral held by the Fund was $322,466. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $119,345.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c)

Rate shown represents annualized 7-day yield as of June 30, 2022.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty  

Settlement

Date

   

Amount and
Description of

Currency to
be Purchased

   

Amount and
Description of

Currency to be
Sold

   

Unrealized

Appreciation

    Unrealized
Depreciation
 

Bank of Montreal

    7/5/2022       706       USD       95,768       JPY     $ 1     $  

 

See Notes to Financial Statements.

 

56   WisdomTree Trust


Schedule of Investments (concluded)

WisdomTree International ESG Fund (RESD)

June 30, 2022

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of June 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

Common Stocks

   $ 7,366,735      $      $      $ 7,366,735  

Preferred Stock

     28,513                      28,513  

Investment of Cash Collateral for Securities Loaned

            203,121               203,121  

Total Investments in Securities

   $ 7,395,248      $ 203,121      $      $ 7,598,369  

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ 1      $      $ 1  

Total – Net

   $ 7,395,248      $ 203,122      $      $ 7,598,370  
1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

WisdomTree Trust      57  


Schedule of Investments

WisdomTree U.S. Corporate Bond Fund (WFIG)

June 30, 2022

 

 

 

Investments    Principal
Amount
     Value  
U.S. CORPORATE BONDS – 95.5%

 

United States – 95.5%

 

3M Co.

     

3.38%, 3/1/29(a)

   $ 7,000      $ 6,740  

3.13%, 9/19/46

     27,000        21,330  

Abbott Laboratories
2.95%, 3/15/25

     29,000        28,643  

4.90%, 11/30/46

     9,000        9,499  

AbbVie, Inc.
2.60%, 11/21/24

     93,000        90,127  

3.80%, 3/15/25

     89,000        88,413  

3.60%, 5/14/25

     112,000        110,578  

3.20%, 5/14/26

     90,000        86,693  

3.20%, 11/21/29

     133,000        122,373  

4.50%, 5/14/35

     49,000        47,582  

4.30%, 5/14/36

     46,000        43,294  

4.45%, 5/14/46

     38,000        34,526  

4.88%, 11/14/48

     20,000        19,335  

Aetna, Inc.
6.63%, 6/15/36

     240,000        271,778  

Alexandria Real Estate Equities, Inc.
3.95%, 1/15/28

     63,000        61,105  

Ally Financial, Inc.
5.80%, 5/1/25

     68,000        69,618  

Amazon.com, Inc.
4.05%, 8/22/47

     35,000        32,967  

4.25%, 8/22/57

     50,000        47,028  

2.70%, 6/3/60

     64,000        43,414  

Amcor Finance USA, Inc.
3.63%, 4/28/26

     270,000        259,627  

Ameren Corp.
3.50%, 1/15/31

     44,000        40,372  

Ameren Illinois Co.
1.55%, 11/15/30

     310,000        252,994  

American Express Co.
2.50%, 8/1/22

     56,000        56,000  

3.63%, 12/5/24

     17,000        16,921  

American Honda Finance Corp.
1.30%, 9/9/26

     60,000        54,190  

American Water Capital Corp.
2.95%, 9/1/27

     29,000        27,273  

4.30%, 12/1/42

     58,000        53,847  

Amgen, Inc.
1.90%, 2/21/25

     239,000        228,482  

2.20%, 2/21/27

     105,000        96,575  

Amphenol Corp.
2.80%, 2/15/30

     22,000        19,172  

Aon Corp.
8.21%, 1/1/27

     100,000        107,001  

Aon Corp. / Aon Global Holdings PLC
2.60%, 12/2/31

     220,000        186,201  

Appalachian Power Co.
7.00%, 4/1/38

     185,000        215,481  

Apple, Inc.
3.85%, 5/4/43

     13,000        11,997  

Applied Materials, Inc.
5.85%, 6/15/41

     14,000        15,990  

AutoNation, Inc.
3.50%, 11/15/24

   260,000      252,161  

AvalonBay Communities, Inc.
4.20%, 12/15/23

     12,000        12,051  

Bank of America Corp.
4.13%, 1/22/24

     55,000        55,632  

4.20%, 8/26/24

     325,000        325,913  

4.45%, 3/3/26

     47,000        46,911  

1.73%, 7/22/27, (1.734% fixed rate until 7/22/26; Secured Overnight Financing Rate + 0.96% thereafter)(b)

     243,000        216,671  

3.25%, 10/21/27

     95,000        89,677  

4.18%, 11/25/27, Series L

     30,000        29,205  

3.42%, 12/20/28, (3.419% fixed rate until 12/20/27; 3-month U.S. dollar London Interbank Offered Rate + 1.04% thereafter)(b)(d)

     174,000        162,138  

3.19%, 7/23/30, (3.194% fixed rate until 7/23/29; 3-month U.S. dollar London Interbank Offered Rate + 1.18% thereafter)(b)(d)

     178,000        159,595  

2.50%, 2/13/31, (2.496% fixed rate until 2/13/30; 3-month U.S. dollar London Interbank Offered Rate + 0.99% thereafter)(b)(d)

     240,000        203,326  

2.59%, 4/29/31, (2.592% fixed rate until 4/29/30; Secured Overnight Financing Rate + 2.15% thereafter)(b)

     236,000        200,581  

1.90%, 7/23/31, (1.898% fixed rate until 7/23/30; Secured Overnight Financing Rate + 1.53% thereafter)(b)

     504,000        403,790  

5.00%, 1/21/44

     121,000        118,667  

4.08%, 3/20/51, (4.083% fixed rate until 3/20/50; 3-month U.S. dollar London Interbank Offered Rate + 3.15% thereafter)(b)(d)

     60,000        51,790  

Baxter International, Inc.
2.60%, 8/15/26

     240,000        225,041  

1.73%, 4/1/31

     30,000        23,662  

2.54%, 2/1/32

     96,000        81,039  

Becton Dickinson and Co.
3.79%, 5/20/50

     108,000        89,396  

Berkshire Hathaway Energy Co.
3.75%, 11/15/23

     44,000        44,287  

6.13%, 4/1/36

     30,000        33,149  

3.80%, 7/15/48

     47,000        39,653  

Biogen, Inc.
3.25%, 2/15/51

     83,000        58,294  

Boardwalk Pipelines LP
5.95%, 6/1/26

     60,000        62,255  

Booking Holdings, Inc.
3.55%, 3/15/28

     27,000        26,047  

BorgWarner, Inc.
4.38%, 3/15/45

     30,000        24,337  

Boston Scientific Corp.
4.70%, 3/1/49

     12,000        11,497  

Brighthouse Financial, Inc.
5.63%, 5/15/30

     240,000        233,378  

4.70%, 6/22/47

     8,000        6,388  

 

See Notes to Financial Statements.

 

58   WisdomTree Trust


Schedule of Investments (continued)

WisdomTree U.S. Corporate Bond Fund (WFIG)

June 30, 2022

 

 

 

Investments    Principal
Amount
     Value  

Bristol-Myers Squibb Co.
0.75%, 11/13/25

   $ 240,000      $ 218,957  

4.35%, 11/15/47

     11,000        10,527  

4.25%, 10/26/49

     58,000        54,646  

3.90%, 3/15/62

     100,000        86,356  

Broadcom Corp. / Broadcom Cayman Finance Ltd.
3.88%, 1/15/27

     154,000        148,570  

Broadcom, Inc.
3.46%, 9/15/26(a)

     16,000        15,370  

2.45%, 2/15/31(c)

     55,000        44,239  

4.30%, 11/15/32

     43,000        39,171  

3.42%, 4/15/33(c)

     78,000        64,557  

3.47%, 4/15/34(c)

     171,000        139,279  

4.93%, 5/15/37(c)

     307,000        276,014  

Broadridge Financial Solutions, Inc.
3.40%, 6/27/26

     25,000        24,194  

Brown & Brown, Inc.
4.20%, 3/17/32

     270,000        246,518  

Burlington Northern Santa Fe LLC
3.75%, 4/1/24

     15,000        15,105  

5.05%, 3/1/41

     25,000        25,661  

5.40%, 6/1/41

     19,000        20,220  

4.45%, 3/15/43

     38,000        36,260  

4.15%, 4/1/45

     9,000        8,232  

Capital One Financial Corp.
3.75%, 7/28/26

     136,000        130,223  

3.80%, 1/31/28

     281,000        264,989  

Cardinal Health, Inc.
4.90%, 9/15/45

     44,000        40,179  

Carrier Global Corp.
3.38%, 4/5/40

     310,000        243,648  

Caterpillar Financial Services Corp.
2.85%, 5/17/24

     46,000        45,615  

Charles Schwab Corp.
1.15%, 5/13/26

     114,000        102,983  

Chubb Corp.
6.50%, 5/15/38, Series 1

     18,000        21,197  

Cigna Corp.
4.50%, 2/25/26

     54,000        54,761  

4.38%, 10/15/28

     63,000        62,510  

4.80%, 7/15/46

     132,000        125,907  

3.88%, 10/15/47

     18,000        14,888  

4.90%, 12/15/48

     94,000        90,332  

Cisco Systems, Inc.
5.50%, 1/15/40

     35,000        38,384  

Citigroup, Inc.
5.50%, 9/13/25

     84,000        86,484  

4.30%, 11/20/26

     441,000        435,880  

4.45%, 9/29/27

     116,000        114,160  

4.41%, 3/31/31, (4.412% fixed rate until 3/31/30; Secured Overnight Financing Rate + 3.914% thereafter)(b)

     97,000        92,945  

2.56%, 5/1/32, (2.561% fixed rate until 5/1/31; Secured Overnight Financing Rate + 1.167% thereafter)(b)

     48,000        39,613  

6.63%, 6/15/32

     150,000        164,223  

3.06%, 1/25/33, (3.057% fixed rate until 1/25/32; Secured Overnight Financing Rate + 1.351% thereafter)(b)

     51,000        43,353  

8.13%, 7/15/39

   106,000      139,425  

5.88%, 1/30/42

     83,000        88,818  

4.65%, 7/23/48

     93,000        86,833  

CNA Financial Corp.
4.50%, 3/1/26

     18,000        18,067  

Coca-Cola Co.
1.45%, 6/1/27

     67,000        60,685  

Comcast Corp.
3.38%, 2/15/25

     19,000        18,869  

3.38%, 8/15/25

     10,000        9,887  

3.15%, 2/15/28

     4,000        3,814  

4.15%, 10/15/28

     28,000        27,947  

4.25%, 10/15/30

     78,000        76,968  

1.50%, 2/15/31(a)

     284,000        228,444  

4.25%, 1/15/33

     191,000        187,948  

4.00%, 8/15/47

     104,000        90,661  

3.97%, 11/1/47

     35,000        30,318  

2.94%, 11/1/56

     39,000        27,122  

2.99%, 11/1/63

     58,000        39,668  

Commonwealth Edison Co.
3.65%, 6/15/46

     31,000        26,338  

Conagra Brands, Inc.
4.30%, 5/1/24

     61,000        61,260  

7.00%, 10/1/28

     33,000        35,594  

5.40%, 11/1/48

     42,000        39,743  

Connecticut Light and Power Co.
4.30%, 4/15/44

     30,000        28,071  

Consolidated Edison Co. of New York, Inc.
6.75%, 4/1/38, Series 08-B

     98,000        114,956  

4.20%, 3/15/42, Series 12-A

     40,000        35,372  

3.95%, 3/1/43

     37,000        31,998  

3.85%, 6/15/46

     25,000        21,242  

4.50%, 5/15/58

     5,000        4,511  

Constellation Brands, Inc.
2.25%, 8/1/31

     410,000        332,723  

3.75%, 5/1/50

     38,000        30,382  

Corning, Inc.
4.38%, 11/15/57

     59,000        48,975  

5.45%, 11/15/79

     10,000        9,049  

CSX Corp.
3.80%, 3/1/28

     50,000        48,933  

6.00%, 10/1/36

     7,000        7,763  

4.25%, 11/1/66

     15,000        12,826  

CVS Health Corp.
3.38%, 8/12/24

     83,000        82,672  

3.88%, 7/20/25

     134,000        133,496  

4.30%, 3/25/28

     59,000        58,482  

4.78%, 3/25/38

     117,000        110,868  

2.70%, 8/21/40

     101,000        72,895  

5.13%, 7/20/45

     56,000        54,134  

5.05%, 3/25/48

     145,000        138,943  

D.R. Horton, Inc.
2.60%, 10/15/25

     40,000        37,692  

1.30%, 10/15/26

     240,000        207,470  

Dell International LLC / EMC Corp.
6.02%, 6/15/26

     209,000        216,842  

5.30%, 10/1/29

     220,000        217,111  

3.38%, 12/15/41(c)

     120,000        85,951  

 

See Notes to Financial Statements.

 

WisdomTree Trust      59  


Schedule of Investments (continued)

WisdomTree U.S. Corporate Bond Fund (WFIG)

June 30, 2022

 

 

 

Investments    Principal
Amount
     Value  

Devon Energy Corp.
4.75%, 5/15/42

   $ 130,000      $ 117,966  

Diamondback Energy, Inc.
3.13%, 3/24/31

     290,000        252,677  

Discover Financial Services
3.85%, 11/21/22

     32,000        32,114  

3.95%, 11/6/24

     132,000        130,342  

Discovery Communications LLC
3.90%, 11/15/24

     140,000        137,946  

4.00%, 9/15/55

     34,000        23,823  

Dollar General Corp.
3.88%, 4/15/27

     9,000        8,840  

Dominion Energy South Carolina, Inc.
5.10%, 6/1/65

     33,000        33,077  

Dominion Energy, Inc.
3.07%, 8/15/24(b)

     10,000        9,774  

4.90%, 8/1/41, Series C

     18,000        17,313  

Dow Chemical Co.
2.10%, 11/15/30(a)

     420,000        346,777  

Duke Energy Carolinas LLC
3.95%, 11/15/28

     35,000        34,587  

6.05%, 4/15/38(a)

     84,000        94,153  

3.95%, 3/15/48

     40,000        35,297  

Duke Energy Florida LLC
4.20%, 7/15/48

     13,000        11,732  

Duke Energy Florida Project Finance LLC
2.54%, 9/1/29, Series 2026

     50,000        47,114  

Duke Energy Ohio, Inc.
3.70%, 6/15/46

     36,000        30,240  

Duke Energy Progress LLC
3.45%, 3/15/29

     63,000        59,997  

3.70%, 10/15/46

     37,000        31,710  

Eastern Gas Transmission & Storage, Inc.
4.80%, 11/1/43(c)

     10,000        9,422  

Eastman Chemical Co.
3.60%, 8/15/22

     3,000        3,000  

eBay, Inc.
4.00%, 7/15/42

     82,000        69,877  

Elevance Health, Inc.
3.30%, 1/15/23

     23,000        23,013  

3.65%, 12/1/27

     73,000        71,101  

4.10%, 3/1/28

     48,000        47,525  

4.63%, 5/15/42

     15,000        14,265  

4.65%, 1/15/43

     40,000        38,167  

4.38%, 12/1/47

     60,000        55,596  

Enterprise Products Operating LLC
2.80%, 1/31/30

     252,000        220,946  

3.95%, 1/31/60

     19,000        14,983  

EOG Resources, Inc.
3.90%, 4/1/35

     18,000        16,787  

Essential Utilities, Inc.
4.28%, 5/1/49

     32,000        28,124  

Evergy, Inc.
2.90%, 9/15/29

     30,000        26,521  

Exelon Corp.
3.40%, 4/15/26

     71,000        68,977  

5.10%, 6/15/45

     60,000        59,596  

4.45%, 4/15/46

     40,000        36,156  

Exxon Mobil Corp.
2.02%, 8/16/24(a)

   11,000      10,743  

2.71%, 3/6/25

     77,000        75,478  

Fifth Third Bancorp
3.95%, 3/14/28(a)

     27,000        26,278  

8.25%, 3/1/38

     25,000        32,234  

Fiserv, Inc.
3.80%, 10/1/23

     33,000        33,086  

2.75%, 7/1/24

     51,000        49,794  

3.50%, 7/1/29

     89,000        81,206  

Florida Power & Light Co.
4.13%, 6/1/48

     79,000        74,363  

Fortune Brands Home & Security, Inc.
3.25%, 9/15/29

     290,000        251,018  

Fox Corp.
3.50%, 4/8/30

     151,000        137,250  

General Mills, Inc.
4.00%, 4/17/25

     35,000        35,014  

4.20%, 4/17/28

     18,000        17,854  

3.00%, 2/1/51(a)

     24,000        17,483  

Gilead Sciences, Inc.
3.70%, 4/1/24

     10,000        10,016  

3.65%, 3/1/26

     90,000        88,682  

4.60%, 9/1/35

     60,000        59,515  

4.80%, 4/1/44

     16,000        15,533  

4.50%, 2/1/45

     52,000        48,218  

4.15%, 3/1/47

     8,000        7,082  

Global Payments, Inc.
1.20%, 3/1/26

     290,000        255,977  

2.90%, 5/15/30

     85,000        71,696  

GSK Consumer Healthcare Capital U.S. LLC
3.38%, 3/24/29(c)

     320,000        299,747  

Hartford Financial Services Group, Inc.
6.10%, 10/1/41

     7,000        7,653  

Hasbro, Inc.
3.50%, 9/15/27

     55,000        51,963  

HCA, Inc.
5.25%, 6/15/26

     85,000        84,621  

4.50%, 2/15/27

     200,000        192,564  

4.13%, 6/15/29

     136,000        124,216  

5.25%, 6/15/49

     57,000        49,270  

Healthpeak Properties, Inc.
3.50%, 7/15/29

     45,000        41,603  

Home Depot, Inc.
2.13%, 9/15/26

     23,000        21,783  

2.95%, 6/15/29

     37,000        34,625  

4.88%, 2/15/44

     34,000        34,638  

4.40%, 3/15/45

     63,000        60,406  

4.50%, 12/6/48

     9,000        8,806  

Honeywell International, Inc.
5.70%, 3/15/37

     4,000        4,553  

HP, Inc.
1.45%, 6/17/26

     170,000        150,662  

2.65%, 6/17/31

     130,000        104,525  

6.00%, 9/15/41(a)

     83,000        84,086  

Humana, Inc.
3.13%, 8/15/29

     53,000        47,970  

 

See Notes to Financial Statements.

 

60   WisdomTree Trust


Schedule of Investments (continued)

WisdomTree U.S. Corporate Bond Fund (WFIG)

June 30, 2022

 

 

 

Investments    Principal
Amount
     Value  

Indiana Michigan Power Co.
4.55%, 3/15/46, Series K

   $ 26,000      $ 24,172  

Intel Corp.
3.10%, 7/29/22

     10,000        10,009  

2.88%, 5/11/24

     3,000        2,992  

3.25%, 11/15/49

     165,000        129,187  

4.95%, 3/25/60(a)

     40,000        40,749  

Intercontinental Exchange, Inc.
4.60%, 3/15/33

     70,000        69,635  

3.00%, 6/15/50

     56,000        40,919  

3.00%, 9/15/60

     50,000        33,920  

International Business Machines Corp.
3.30%, 5/15/26

     100,000        97,708  

3.50%, 5/15/29

     100,000        94,760  

1.95%, 5/15/30

     250,000        210,205  

4.15%, 5/15/39

     100,000        90,227  

4.00%, 6/20/42

     24,000        20,832  

International Flavors & Fragrances, Inc.
5.00%, 9/26/48

     10,000        9,359  

International Paper Co.
5.00%, 9/15/35

     40,000        40,540  

4.80%, 6/15/44

     3,000        2,791  

4.40%, 8/15/47

     100,000        89,355  

4.35%, 8/15/48(a)

     9,000        8,004  

Interpublic Group of Cos., Inc.
4.65%, 10/1/28

     22,000        21,787  

Jefferies Group LLC / Jefferies Group Capital Finance, Inc.
4.85%, 1/15/27

     141,000        140,674  

Johnson & Johnson
2.90%, 1/15/28

     30,000        29,021  

4.38%, 12/5/33

     26,000        26,906  

JPMorgan Chase & Co.
3.63%, 12/1/27

     660,000        634,399  

4.57%, 6/14/30, (4.565% fixed rate until 6/14/29; Secured Overnight Financing Rate + 1.75% thereafter)(b)

     51,000        50,162  

4.49%, 3/24/31, (4.493% fixed rate until 3/24/30; Secured Overnight Financing Rate + 3.79% thereafter)(b)

     80,000        78,303  

2.58%, 4/22/32, (2.58% fixed rate until 4/22/31; Secured Overnight Financing Rate + 1.25% thereafter)(b)

     52,000        43,820  

6.40%, 5/15/38

     111,000        126,685  

3.11%, 4/22/41, (3.109% fixed rate until 4/22/40; Secured Overnight Financing Rate + 2.46% thereafter)(b)

     115,000        89,616  

2.53%, 11/19/41, (2.525% fixed rate until 11/19/40; Secured Overnight Financing Rate + 1.51% thereafter)(b)

     60,000        42,878  

5.63%, 8/16/43

     16,000        16,784  

4.85%, 2/1/44

     23,000        22,626  

4.95%, 6/1/45

     187,000        178,875  

3.96%, 11/15/48, (3.964% fixed rate until 11/15/47; 3-month U.S. dollar London Interbank Offered Rate + 1.38% thereafter)(b)(d)

     124,000        105,995  

3.11%, 4/22/51, (3.109% fixed rate until 4/22/50; Secured Overnight Financing Rate + 2.44% thereafter)(b)

     177,000        130,672  

3.33%, 4/22/52, (3.328% fixed rate until 4/22/51; Secured Overnight Financing Rate + 1.58% thereafter)(b)

   28,000      21,438  

Kansas City Southern
4.20%, 11/15/69

     42,000        34,737  

Keurig Dr. Pepper, Inc.
3.40%, 11/15/25

     320,000        312,966  

3.80%, 5/1/50

     43,000        34,243  

4.50%, 4/15/52

     20,000        17,647  

Kilroy Realty LP
4.38%, 10/1/25

     250,000        247,240  

Kimberly-Clark Corp.
3.10%, 3/26/30

     7,000        6,578  

5.30%, 3/1/41

     22,000        23,288  

Kimco Realty Corp.
2.80%, 10/1/26

     280,000        262,724  

KLA Corp.
3.30%, 3/1/50(a)

     22,000        17,487  

Kroger Co.
4.00%, 2/1/24

     50,000        50,302  

2.65%, 10/15/26

     44,000        41,255  

3.70%, 8/1/27(a)

     17,000        16,561  

5.15%, 8/1/43

     2,000        1,972  

4.45%, 2/1/47

     22,000        19,985  

Laboratory Corp. of America Holdings
1.55%, 6/1/26

     300,000        268,872  

4.70%, 2/1/45

     15,000        13,394  

Lam Research Corp.
3.80%, 3/15/25

     4,000        4,005  

Lincoln National Corp.
3.80%, 3/1/28

     25,000        23,982  

Lockheed Martin Corp.
4.50%, 5/15/36

     31,000        31,016  

4.70%, 5/15/46

     18,000        18,244  

Lowe’s Cos., Inc.
2.50%, 4/15/26

     230,000        217,900  

1.30%, 4/15/28

     60,000        50,805  

4.05%, 5/3/47

     116,000        97,329  

4.45%, 4/1/62

     140,000        119,846  

LYB International Finance III LLC
4.20%, 5/1/50

     30,000        24,468  

Magallanes, Inc.
5.39%, 3/15/62(c)

     390,000        327,530  

Magellan Midstream Partners LP
5.15%, 10/15/43

     9,000        8,357  

Marathon Oil Corp.
5.20%, 6/1/45

     100,000        92,131  

Marriott International, Inc.
5.75%, 5/1/25, Series EE

     85,000        88,238  

Marsh & McLennan Cos., Inc.
3.88%, 3/15/24

     64,000        64,152  

Martin Marietta Materials, Inc.
2.40%, 7/15/31

     70,000        57,235  

McDonald’s Corp.
1.45%, 9/1/25

     310,000        289,097  

3.50%, 3/1/27

     27,000        26,462  

3.80%, 4/1/28

     29,000        28,509  

 

See Notes to Financial Statements.

 

WisdomTree Trust      61  


Schedule of Investments (continued)

WisdomTree U.S. Corporate Bond Fund (WFIG)

June 30, 2022

 

 

 

Investments    Principal
Amount
     Value  

6.30%, 3/1/38

   $ 32,000      $ 36,652  

4.60%, 5/26/45

     10,000        9,468  

4.45%, 3/1/47

     10,000        9,320  

3.63%, 9/1/49

     14,000        11,516  

Merck & Co., Inc.
3.60%, 9/15/42

     16,000        14,050  

3.70%, 2/10/45

     28,000        24,646  

4.00%, 3/7/49

     23,000        21,356  

MetLife, Inc.
4.60%, 5/13/46

     96,000        93,617  

Micron Technology, Inc.
5.33%, 2/6/29

     78,000        77,938  

Microsoft Corp.
2.88%, 2/6/24

     37,000        36,966  

MidAmerican Energy Co.
3.65%, 8/1/48

     40,000        33,860  

Mondelez International, Inc.
2.75%, 4/13/30

     300,000        263,769  

Moody’s Corp.
2.63%, 1/15/23

     54,000        53,863  

Morgan Stanley
4.10%, 5/22/23

     34,000        34,170  

3.88%, 4/29/24, Series F

     33,000        33,102  

5.00%, 11/24/25

     460,000        468,423  

3.95%, 4/23/27

     244,000        236,792  

4.43%, 1/23/30, (4.431% fixed rate until 1/23/29; 3-month U.S. dollar London Interbank Offered Rate + 1.628% thereafter)(b)(d)

     123,000        119,560  

7.25%, 4/1/32

     234,000        276,632  

2.24%, 7/21/32, (2.239% fixed rate until 7/21/31; Secured Overnight Financing Rate + 1.178% thereafter)(b)

     197,000        160,135  

6.38%, 7/24/42

     80,000        91,842  

4.30%, 1/27/45

     66,000        59,488  

5.60%, 3/24/51, (5.597% fixed rate until 3/24/50; Secured Overnight Financing Rate + 4.84% thereafter)(b)

     58,000        62,900  

Mosaic Co.
5.45%, 11/15/33

     20,000        20,779  

Motorola Solutions, Inc.
4.60%, 5/23/29

     50,000        47,777  

National Fuel Gas Co.
3.75%, 3/1/23

     30,000        30,020  

Newmont Corp.
2.25%, 10/1/30

     220,000        183,143  

6.25%, 10/1/39

     28,000        30,831  

NextEra Energy Capital Holdings, Inc.
2.25%, 6/1/30

     75,000        63,037  

4.80%, 12/1/77, (4.80% fixed rate until 12/1/27; 3-month U.S. dollar London Interbank Offered Rate + 2.409% thereafter)(b)(d)

     90,000        74,786  

3.80%, 3/15/82, (3.80% fixed rate until 3/15/27; 5-year Constant Maturity Treasury Rate + 2.547% thereafter)(b)

     20,000        15,960  

NIKE, Inc.
3.38%, 11/1/46

   39,000      33,525  

Norfolk Southern Corp.
3.95%, 10/1/42

     64,000        56,253  

4.15%, 2/28/48

     31,000        27,828  

5.10%, 8/1/2118

     12,000        10,945  

Northrop Grumman Corp.
4.03%, 10/15/47

     81,000        72,085  

5.25%, 5/1/50

     47,000        49,868  

NSTAR Electric Co.
3.20%, 5/15/27

     71,000        68,690  

O’Reilly Automotive, Inc.
3.60%, 9/1/27

     56,000        54,168  

Omega Healthcare Investors, Inc.
5.25%, 1/15/26

     20,000        19,824  

3.63%, 10/1/29

     330,000        279,196  

Oracle Corp.
2.65%, 7/15/26

     140,000        129,191  

2.88%, 3/25/31

     556,000        458,322  

4.30%, 7/8/34

     3,000        2,635  

3.85%, 7/15/36

     20,000        16,096  

5.38%, 7/15/40

     509,000        463,974  

4.38%, 5/15/55

     28,000        21,131  

4.10%, 3/25/61

     35,000        25,098  

Owens Corning
4.30%, 7/15/47(a)

     7,000        5,749  

Owl Rock Capital Corp.
3.75%, 7/22/25

     210,000        194,764  

PacifiCorp
6.00%, 1/15/39

     99,000        109,279  

Paramount Global
4.00%, 1/15/26

     28,000        27,390  

2.90%, 1/15/27

     46,000        42,400  

3.38%, 2/15/28

     23,000        21,146  

7.88%, 7/30/30

     58,000        66,550  

6.88%, 4/30/36

     42,000        43,878  

Parker-Hannifin Corp.
3.25%, 3/1/27(a)

     67,000        64,029  

4.45%, 11/21/44

     11,000        9,882  

PepsiCo, Inc.
2.63%, 7/29/29

     10,000        9,270  

PerkinElmer, Inc.
0.85%, 9/15/24

     290,000        269,291  

Pfizer, Inc.
4.10%, 9/15/38

     80,000        77,402  

Philip Morris International, Inc.
2.88%, 5/1/24

     5,000        4,944  

2.75%, 2/25/26

     40,000        38,238  

3.13%, 8/17/27

     20,000        18,794  

3.13%, 3/2/28

     100,000        91,498  

4.38%, 11/15/41

     50,000        41,853  

Phillips 66
3.70%, 4/6/23

     53,000        53,075  

3.55%, 10/1/26(c)

     167,000        162,688  

Pinnacle West Capital Corp.
1.30%, 6/15/25

     10,000        9,167  

 

See Notes to Financial Statements.

 

62   WisdomTree Trust


Schedule of Investments (continued)

WisdomTree U.S. Corporate Bond Fund (WFIG)

June 30, 2022

 

 

 

Investments    Principal
Amount
     Value  

Progress Energy, Inc.
7.75%, 3/1/31

   $ 70,000      $ 82,113  

6.00%, 12/1/39

     62,000        65,769  

Prudential Financial, Inc.

     

5.38%, 5/15/45, (5.375% fixed rate until 5/15/25; 3-month U.S. dollar London Interbank Offered Rate + 3.031% thereafter)(b)(d)

     150,000        143,962  

Public Service Electric and Gas Co.
3.60%, 12/1/47

     62,000        52,782  

Quest Diagnostics, Inc.
2.95%, 6/30/30

     39,000        34,403  

Raytheon Technologies Corp.
1.90%, 9/1/31

     150,000        123,085  

4.15%, 5/15/45

     51,000        45,552  

4.63%, 11/16/48

     105,000        102,658  

Realty Income Corp.
2.20%, 6/15/28

     330,000        290,763  

Republic Services, Inc.
3.20%, 3/15/25

     3,000        2,952  

2.90%, 7/1/26(a)

     100,000        95,590  

Roper Technologies, Inc.
4.20%, 9/15/28

     78,000        76,532  

Royalty Pharma PLC
3.30%, 9/2/40

     290,000        214,701  

3.55%, 9/2/50

     140,000        97,852  

S&P Global, Inc.
1.25%, 8/15/30

     320,000        253,987  

2.30%, 8/15/60

     70,000        43,183  

Sempra Energy
6.00%, 10/15/39

     159,000        168,301  

Sherwin-Williams Co.
3.45%, 8/1/25

     37,000        36,461  

4.50%, 6/1/47

     32,000        28,371  

3.80%, 8/15/49

     28,000        22,531  

Southern Co.
3.25%, 7/1/26

     227,000        217,859  

4.25%, 7/1/36

     7,000        6,435  

4.40%, 7/1/46

     100,000        87,279  

Southern Power Co.
4.15%, 12/1/25

     7,000        7,016  

4.95%, 12/15/46, Series F

     100,000        92,816  

Stanley Black & Decker, Inc.
4.25%, 11/15/28

     57,000        57,076  

Starbucks Corp.
4.00%, 11/15/28(a)

     50,000        48,900  

State Street Corp.
3.10%, 5/15/23

     21,000        20,951  

2.65%, 5/19/26

     50,000        47,877  

Steel Dynamics, Inc.
5.00%, 12/15/26

     46,000        45,577  

Stryker Corp.
4.63%, 3/15/46

     52,000        49,769  

Synchrony Financial
4.38%, 3/19/24

     33,000        32,807  

Take-Two Interactive Software, Inc.
4.00%, 4/14/32

     100,000        94,040  

Target Corp.
2.50%, 4/15/26(a)

   37,000      35,538  

TD SYNNEX Corp.
1.75%, 8/9/26(c)

     290,000        256,145  

Teledyne Technologies, Inc.
1.60%, 4/1/26

     290,000        260,434  

Textron, Inc.
4.30%, 3/1/24

     43,000        43,225  

Thermo Fisher Scientific, Inc.
1.75%, 10/15/28

     60,000        52,537  

2.00%, 10/15/31

     260,000        218,286  

Toyota Motor Credit Corp.
0.80%, 10/16/25

     130,000        118,392  

1.13%, 6/18/26

     150,000        135,567  

1.90%, 9/12/31

     100,000        82,469  

Travelers Cos., Inc.
6.75%, 6/20/36

     19,000        23,014  

TWDC Enterprises 18 Corp.
3.00%, 2/13/26

     55,000        53,547  

7.00%, 3/1/32, Series B

     35,000        41,642  

Tyson Foods, Inc.
3.95%, 8/15/24

     18,000        17,986  

4.88%, 8/15/34

     62,000        62,761  

U.S. Bancorp
3.00%, 7/30/29

     50,000        45,553  

Union Pacific Corp.
3.75%, 3/15/24

     10,000        10,036  

4.00%, 4/15/47

     81,000        72,662  

3.84%, 3/20/60

     42,000        35,162  

2.97%, 9/16/62

     63,000        43,790  

3.80%, 4/6/71

     10,000        8,063  

United Parcel Service, Inc.
6.20%, 1/15/38

     6,000        7,006  

5.30%, 4/1/50

     30,000        33,084  

UnitedHealth Group, Inc.
2.75%, 2/15/23

     26,000        25,956  

2.88%, 3/15/23

     39,000        38,979  

3.75%, 7/15/25

     49,000        49,065  

3.38%, 4/15/27

     70,000        68,780  

4.63%, 7/15/35

     27,000        27,485  

3.50%, 8/15/39

     43,000        37,586  

4.25%, 4/15/47

     31,000        29,199  

4.25%, 6/15/48

     38,000        35,627  

Valero Energy Corp.
7.50%, 4/15/32

     70,000        81,117  

4.00%, 6/1/52

     150,000        119,616  

Valero Energy Partners LP
4.50%, 3/15/28

     170,000        167,907  

Verizon Communications, Inc.
0.85%, 11/20/25

     350,000        317,579  

1.45%, 3/20/26

     45,000        41,221  

4.33%, 9/21/28

     122,000        121,461  

4.02%, 12/3/29

     127,000        123,289  

2.36%, 3/15/32

     99,000        82,177  

4.50%, 8/10/33

     82,000        80,096  

4.40%, 11/1/34

     49,000        47,065  

4.81%, 3/15/39

     156,000        154,006  

 

See Notes to Financial Statements.

 

WisdomTree Trust      63  


Schedule of Investments (continued)

WisdomTree U.S. Corporate Bond Fund (WFIG)

June 30, 2022

 

 

 

Investments    Principal
Amount
     Value  

3.85%, 11/1/42

   $ 9,000      $ 7,660  

4.00%, 3/22/50

     42,000        36,307  

2.99%, 10/30/56

     58,000        40,399  

3.00%, 11/20/60

     140,000        95,537  

Virginia Electric and Power Co.
3.80%, 4/1/28, Series A

     50,000        48,903  

2.30%, 11/15/31

     100,000        85,032  

8.88%, 11/15/38

     118,000        167,081  

VMware, Inc.
1.40%, 8/15/26

     408,000        361,443  

Walgreens Boots Alliance, Inc.
4.10%, 4/15/50(a)

     64,000        50,612  

Walt Disney Co.
2.00%, 9/1/29

     6,000        5,162  

3.50%, 5/13/40

     105,000        89,706  

5.40%, 10/1/43

     35,000        36,950  

2.75%, 9/1/49

     50,000        35,976  

3.60%, 1/13/51

     54,000        45,138  

WEC Energy Group, Inc.
1.80%, 10/15/30

     70,000        56,399  

Wells Fargo & Co.
4.13%, 8/15/23

     255,000        256,874  

1.65%, 6/2/24, (1.654% fixed rate until 6/2/23; Secured Overnight Financing Rate + 1.60% thereafter)(b)

     367,000        358,559  

3.00%, 2/19/25

     39,000        38,160  

3.55%, 9/29/25

     84,000        82,550  

4.30%, 7/22/27

     45,000        44,501  

2.39%, 6/2/28, (2.393% fixed rate until 6/2/27; Secured Overnight Financing Rate + 2.10% thereafter)(b)

     176,000        157,770  

5.38%, 11/2/43

     64,000        63,206  

5.61%, 1/15/44

     107,000        107,915  

4.75%, 12/7/46

     50,000        45,722  

Westlake Corp.
3.60%, 8/15/26

     70,000        68,221  

3.38%, 8/15/61

     240,000        162,996  

Weyerhaeuser Co.
7.38%, 3/15/32

     31,000        35,905  

Wyeth LLC
6.50%, 2/1/34

     87,000        104,122  

Xcel Energy, Inc.
3.30%, 6/1/25

     117,000        115,030  

Xylem, Inc.
4.38%, 11/1/46

     20,000        18,221  

Zoetis, Inc.
3.00%, 9/12/27

     38,000        35,885  

TOTAL U.S. CORPORATE BONDS

(Cost: $44,143,441)

 

 

     38,867,437  
FOREIGN CORPORATE BONDS – 2.9%

 

Canada – 0.1%

 

Barrick North America Finance LLC
5.75%, 5/1/43

     33,000        34,444  
Germany – 0.5%

 

Deutsche Bank AG

     

3.96%, 11/26/25, (3.961% fixed rate until 11/26/24; Secured Overnight Financing Rate + 2.581% thereafter)(b)

     215,000        208,432  
Switzerland – 0.1%

 

Novartis Capital Corp.
3.00%, 11/20/25

   33,000      32,577  
United Kingdom – 2.2%

 

BAT Capital Corp.
4.70%, 4/2/27

     250,000        244,465  

Diageo Investment Corp.
4.25%, 5/11/42

     12,000        11,370  

GlaxoSmithKline Capital, Inc.
2.80%, 3/18/23

     10,000        10,018  

3.88%, 5/15/28(a)

     12,000        11,956  

6.38%, 5/15/38

     10,000        11,981  

RELX Capital, Inc.
4.00%, 3/18/29

     17,000        16,457  

Reynolds American, Inc.
4.45%, 6/12/25

     90,000        89,686  

5.70%, 8/15/35

     169,000        158,186  

5.85%, 8/15/45

     102,000        86,768  

Unilever Capital Corp.
1.38%, 9/14/30

     100,000        81,426  

2.63%, 8/12/51, Series 30Y

     220,000        159,689  
     

 

 

 
Total United Kingdom

 

     882,002  

TOTAL FOREIGN CORPORATE BONDS

(Cost: $1,314,929)

 

 

     1,157,455  
U.S. GOVERNMENT OBLIGATIONS – 0.1%

 

U.S. Treasury Note – 0.1%

 

U.S. Treasury Note
2.88%, 5/15/32

(Cost: $37,267)

     38,500        38,076  
      Shares          
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.0%

 

United States – 1.0%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 1.56%(e)

     
(Cost: $398,348)      398,348        398,348  

TOTAL INVESTMENTS IN SECURITIES – 99.5%

(Cost: $45,893,985)

 

 

     40,461,316  

Other Assets less Liabilities – 0.5%

 

     223,261  
  

 

 

 
NET ASSETS – 100.0%

 

   $ 40,684,577  
(a) 

Security, or portion thereof, was on loan at June 30, 2022 (See Note 2). At June 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $643,606 and the total market value of the collateral held by the Fund was $665,672. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $267,324.

 

(b) 

Rate shown reflects the accrual rate as of June 30, 2022 on securities with variable or step rates.

 

(c) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

(d) 

The London Interbank Offered Rate (“LIBOR”) is being phased out completely by June 30, 2023. There remains uncertainty regarding the nature of any replacement rate and the impact of a transition away from LIBOR on the Fund’s investments.

 

(e) 

Rate shown represents annualized 7-day yield as of June 30, 2022.

 

See Notes to Financial Statements.

 

64   WisdomTree Trust


Schedule of Investments (concluded)

WisdomTree U.S. Corporate Bond Fund (WFIG)

June 30, 2022

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of June 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
    

Other

Significant
Observable

Inputs
(Level 2)

     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

        

Investments in Securities

  

U.S. Corporate Bonds

   $      $ 38,867,437      $      $ 38,867,437  

Foreign Corporate Bonds

            1,157,455               1,157,455  

U.S. Government Obligations

            38,076               38,076  

Investment of Cash Collateral for Securities Loaned

            398,348               398,348  

Total Investments in Securities

   $      $ 40,461,316      $      $ 40,461,316  

 

See Notes to Financial Statements.

 

WisdomTree Trust      65  


Schedule of Investments

WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)

June 30, 2022

 

 

 

Investments    Principal
Amount
     Value  
U.S. CORPORATE BONDS – 96.0%

 

United States – 96.0%

 

ACCO Brands Corp.
4.25%, 3/15/29(a)

   $ 299,000      $ 245,805  

AdaptHealth LLC
4.63%, 8/1/29(a)

     569,000        468,128  

ADT Security Corp.
4.88%, 7/15/32(a)

     755,000        603,200  

Adtalem Global Education, Inc.
5.50%, 3/1/28(a)

     252,000        226,359  

AECOM
5.13%, 3/15/27

     269,000        254,506  

Albertsons Cos., Inc. / Safeway, Inc. / New Albertsons LP / Albertsons LLC
4.63%, 1/15/27(a)

     1,000,000        895,300  

3.50%, 3/15/29(a)

     881,000        713,566  

4.88%, 2/15/30(a)

     1,000,000        854,370  

Allison Transmission, Inc.
5.88%, 6/1/29(a)

     649,000        605,452  

AMC Networks, Inc.
4.75%, 8/1/25

     377,000        351,172  

American Axle & Manufacturing, Inc.
5.00%, 10/1/29(b)

     280,000        225,714  

American Finance Trust, Inc. / American Finance Operating Partner LP
4.50%, 9/30/28(a)

     342,000        271,254  

AmeriGas Partners LP / AmeriGas Finance Corp.
5.50%, 5/20/25

     200,000        189,118  

5.75%, 5/20/27

     478,000        440,864  

Amkor Technology, Inc.
6.63%, 9/15/27(a)

     247,000        234,383  

Antero Midstream Partners LP / Antero Midstream Finance Corp.
5.75%, 1/15/28(a)

     900,000        821,997  

Antero Resources Corp.
7.63%, 2/1/29(a)

     546,000        558,138  

Apache Corp.
5.10%, 9/1/40

     389,000        329,121  

Apollo Commercial Real Estate Finance, Inc.
4.63%, 6/15/29(a)

     353,000        266,790  

APX Group, Inc.
5.75%, 7/15/29(a)(b)

     310,000        241,124  

Aramark Services, Inc.
6.38%, 5/1/25(a)

     740,000        725,674  

5.00%, 2/1/28(a)(b)

     610,000        558,022  

Archrock Partners LP / Archrock Partners Finance Corp.
6.88%, 4/1/27(a)

     564,000        514,481  

6.25%, 4/1/28(a)

     159,000        140,615  

Asbury Automotive Group, Inc.
5.00%, 2/15/32(a)

     620,000        507,575  

ASGN, Inc.
4.63%, 5/15/28(a)

     232,000        199,940  

Audacy Capital Corp.
6.75%, 3/31/29(a)(b)

     418,000        224,349  

Avantor Funding, Inc.
4.63%, 7/15/28(a)

   318,000      291,374  

Avient Corp.
5.75%, 5/15/25(a)

     135,000        130,418  

Axalta Coating Systems LLC
3.38%, 2/15/29(a)(b)

     354,000        289,437  

B&G Foods, Inc.
5.25%, 4/1/25

     612,000        564,956  

5.25%, 9/15/27

     341,000        295,534  

Ball Corp.
4.00%, 11/15/23

     124,000        122,926  

5.25%, 7/1/25

     347,000        347,944  

2.88%, 8/15/30

     330,000        267,402  

Bath & Body Works, Inc.
5.25%, 2/1/28

     186,000        157,023  

6.63%, 10/1/30(a)

     200,000        172,926  

6.75%, 7/1/36

     322,000        258,064  

Bausch Health Americas, Inc.
9.25%, 4/1/26(a)

     921,000        660,016  

Berry Global, Inc.
4.50%, 2/15/26(a)(b)

     232,000        216,052  

5.63%, 7/15/27(a)

     9,000        8,630  

Black Knight InfoServ LLC
3.63%, 9/1/28(a)

     186,000        161,654  

Block, Inc.
3.50%, 6/1/31(a)(b)

     244,000        196,144  

Booz Allen Hamilton, Inc.
3.88%, 9/1/28(a)

     284,000        251,519  

Boyd Gaming Corp.
4.75%, 12/1/27

     400,000        362,476  

4.75%, 6/15/31(a)

     170,000        143,990  

Brink’s Co.
4.63%, 10/15/27(a)

     50,000        44,616  

Brookfield Property REIT, Inc. / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LLC
5.75%, 5/15/26(a)

     423,000        385,641  

Builders FirstSource, Inc.
5.00%, 3/1/30(a)

     243,000        206,744  

4.25%, 2/1/32(a)

     262,000        201,072  

Cable One, Inc.
4.00%, 11/15/30(a)(b)

     240,000        197,431  

Catalent Pharma Solutions, Inc.
3.13%, 2/15/29(a)

     250,000        206,545  

CCO Holdings LLC / CCO Holdings Capital Corp.
5.13%, 5/1/27(a)

     134,000        126,587  

5.00%, 2/1/28(a)

     370,000        340,677  

5.38%, 6/1/29(a)

     192,000        175,169  

4.75%, 3/1/30(a)

     460,000        394,004  

4.50%, 8/15/30(a)

     820,000        686,069  

4.25%, 2/1/31(a)

     10,000        8,226  

4.50%, 5/1/32

     213,000        172,617  

CDI Escrow Issuer, Inc.
5.75%, 4/1/30(a)

     250,000        227,755  

CDK Global, Inc.
4.88%, 6/1/27

     311,000        309,193  

CDW LLC / CDW Finance Corp.
4.25%, 4/1/28

     285,000        258,888  

 

See Notes to Financial Statements.

 

66   WisdomTree Trust


Schedule of Investments (continued)

WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)

June 30, 2022

 

 

 

Investments    Principal
Amount
     Value  

Centene Corp.
4.63%, 12/15/29

   $ 900,000      $ 840,276  

3.00%, 10/15/30

     1,133,000        940,073  

Central Garden & Pet Co.
4.13%, 10/15/30

     100,000        82,962  

CF Industries, Inc.
5.15%, 3/15/34

     248,000        242,938  

Change Healthcare Holdings LLC / Change Healthcare Finance, Inc.
5.75%, 3/1/25(a)

     462,000        450,958  

Charles River Laboratories International, Inc.
4.25%, 5/1/28(a)

     410,000        369,102  

Charter Communications Operating LLC / Charter Communications Operating Capital
3.70%, 4/1/51

     1,743,000        1,187,018  

Chemours Co.
5.38%, 5/15/27(b)

     698,000        630,427  

4.63%, 11/15/29(a)

     396,000        312,195  

Cheniere Energy, Inc.
4.63%, 10/15/28

     400,000        362,440  

Chesapeake Energy Corp.
6.75%, 4/15/29(a)

     104,000        100,912  

CHS / Community Health Systems, Inc.
8.00%, 3/15/26(a)

     408,000        371,819  

5.63%, 3/15/27(a)

     250,000        211,808  

8.00%, 12/15/27(a)(b)

     426,000        387,681  

6.88%, 4/15/29(a)(b)

     511,000        327,209  

6.13%, 4/1/30(a)

     250,000        153,405  

5.25%, 5/15/30(a)

     750,000        573,412  

4.75%, 2/15/31(a)

     1,308,000        968,116  

Churchill Downs, Inc.
5.50%, 4/1/27(a)

     430,000        409,928  

Cinemark USA, Inc.
5.25%, 7/15/28(a)(b)

     522,000        419,667  

Clarivate Science Holdings Corp.
4.88%, 7/1/29(a)(b)

     480,000        394,411  

Clean Harbors, Inc.
4.88%, 7/15/27(a)

     167,000        152,995  

Clear Channel Outdoor Holdings, Inc.
7.75%, 4/15/28(a)(b)

     1,170,000        852,684  

Clearway Energy Operating LLC
4.75%, 3/15/28(a)

     176,000        159,669  

3.75%, 2/15/31(a)

     176,000        142,968  

Cleveland-Cliffs, Inc.
6.75%, 3/15/26(a)

     200,000        198,734  

4.63%, 3/1/29(a)(b)

     464,000        409,963  

4.88%, 3/1/31(a)(b)

     328,000        289,339  

CNX Resources Corp.
7.25%, 3/14/27(a)

     470,000        462,292  

Coinbase Global, Inc.
3.63%, 10/1/31(a)

     1,000,000        561,850  

CommScope Technologies LLC
6.00%, 6/15/25(a)

     888,000        769,221  

5.00%, 3/15/27(a)

     797,000        594,849  

CommScope, Inc.
6.00%, 3/1/26(a)

     335,000        309,486  

8.25%, 3/1/27(a)

     717,000        571,800  

7.13%, 7/1/28(a)(b)

   1,131,000      861,008  

Compass Minerals International, Inc.
6.75%, 12/1/27(a)

     393,000        356,129  

Comstock Resources, Inc.
5.88%, 1/15/30(a)

     820,000        711,366  

Conduent Business Services LLC / Conduent State & Local Solutions, Inc.
6.00%, 11/1/29(a)

     380,000        317,505  

Consolidated Communications, Inc.
6.50%, 10/1/28(a)

     497,000        423,369  

Continental Resources, Inc.
4.38%, 1/15/28

     371,000        349,222  

CoreCivic, Inc.
8.25%, 4/15/26

     400,000        390,548  

Cornerstone Building Brands, Inc.
6.13%, 1/15/29(a)

     317,000        205,993  

Coty, Inc.
5.00%, 4/15/26(a)

     350,000        321,979  

6.50%, 4/15/26(a)(b)

     301,000        277,648  

CQP Holdco LP / BIP-V Chinook Holdco LLC
5.50%, 6/15/31(a)

     440,000        376,662  

Crestwood Midstream Partners LP / Crestwood Midstream Finance Corp.
5.75%, 4/1/25

     596,000        563,321  

Crown Americas LLC / Crown Americas Capital Corp. VI
4.75%, 2/1/26

     50,000        47,702  

CSC Holdings LLC
5.50%, 4/15/27(a)

     200,000        181,686  

5.38%, 2/1/28(a)

     1,394,000        1,223,026  

7.50%, 4/1/28(a)

     850,000        718,097  

6.50%, 2/1/29(a)

     300,000        273,294  

5.75%, 1/15/30(a)

     500,000        364,165  

Curo Group Holdings Corp.
7.50%, 8/1/28(a)

     185,000        116,465  

DaVita, Inc.
4.63%, 6/1/30(a)

     1,305,000        1,018,318  

3.75%, 2/15/31(a)

     382,000        274,322  

Delta Air Lines, Inc.
3.80%, 4/19/23

     265,000        263,871  

3.75%, 10/28/29

     158,000        125,098  

Deluxe Corp.
8.00%, 6/1/29(a)

     205,000        168,203  

Diamond Sports Group LLC / Diamond Sports Finance Co.
5.38%, 8/15/26(a)

     1,369,000        351,053  

6.63%, 8/15/27(a)

     1,498,000        181,333  

DISH DBS Corp.
5.88%, 7/15/22

     4,000        4,002  

5.00%, 3/15/23

     514,000        493,039  

5.88%, 11/15/24

     540,000        458,606  

7.75%, 7/1/26

     1,739,000        1,351,533  

5.13%, 6/1/29

     1,642,000        999,732  

Diversified Healthcare Trust
4.75%, 2/15/28

     317,000        234,073  

4.38%, 3/1/31(b)

     896,000        610,337  

 

See Notes to Financial Statements.

 

WisdomTree Trust      67  


Schedule of Investments (continued)

WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)

June 30, 2022

 

 

 

Investments    Principal
Amount
     Value  

Dycom Industries, Inc.
4.50%, 4/15/29(a)

   $ 220,000      $ 192,881  

Edgewell Personal Care Co.
4.13%, 4/1/29(a)

     110,000        91,586  

Element Solutions, Inc.
3.88%, 9/1/28(a)

     321,000        266,064  

Encompass Health Corp.
4.50%, 2/1/28

     707,000        609,314  

Energizer Holdings, Inc.
4.75%, 6/15/28(a)

     441,000        351,336  

4.38%, 3/31/29(a)

     423,000        324,982  

EnLink Midstream LLC
5.63%, 1/15/28(a)

     240,000        221,582  

EnLink Midstream Partners LP
5.45%, 6/1/47

     290,000        206,393  

EQM Midstream Partners LP
6.00%, 7/1/25(a)

     416,000        400,429  

6.50%, 7/1/27(a)

     500,000        466,205  

5.50%, 7/15/28

     1,097,000        955,268  

4.75%, 1/15/31(a)(b)

     596,000        476,216  

6.50%, 7/15/48

     123,000        91,907  

Ferrellgas LP / Ferrellgas Finance Corp.
5.88%, 4/1/29(a)

     900,000        736,542  

Fertitta Entertainment LLC / Fertitta Entertainment Finance Co., Inc.
4.63%, 1/15/29(a)

     300,000        256,104  

6.75%, 1/15/30(a)(b)

     750,000        576,682  

Fluor Corp.
4.25%, 9/15/28(b)

     267,000        233,644  

Ford Motor Co.
4.35%, 12/8/26(b)

     385,000        357,176  

9.63%, 4/22/30

     223,000        252,231  

3.25%, 2/12/32

     400,000        299,608  

4.75%, 1/15/43

     301,000        214,923  

5.29%, 12/8/46

     1,758,000        1,353,133  

Ford Motor Credit Co. LLC
3.35%, 11/1/22

     200,000        199,880  

4.54%, 8/1/26

     150,000        137,664  

4.00%, 11/13/30

     350,000        284,217  

Freeport-McMoRan, Inc.
3.88%, 3/15/23

     351,000        351,713  

5.25%, 9/1/29

     490,000        468,553  

5.40%, 11/14/34

     134,000        131,024  

5.45%, 3/15/43

     264,000        244,575  

Frontier Communications Holdings LLC
5.00%, 5/1/28(a)

     1,500,000        1,283,355  

5.88%, 11/1/29

     1,500,000        1,160,025  

6.00%, 1/15/30(a)(b)

     1,000,000        773,940  

Gap, Inc.
3.88%, 10/1/31(a)(b)

     383,000        266,832  

Gartner, Inc.
3.75%, 10/1/30(a)

     302,000        261,245  

Gates Global LLC / Gates Corp.
6.25%, 1/15/26(a)

     286,000        266,738  

Genesis Energy LP / Genesis Energy Finance Corp.
7.75%, 2/1/28

     1,265,000        1,095,300  

GLP Capital LP / GLP Financing II, Inc.
5.38%, 4/15/26

   280,000      274,324  

4.00%, 1/15/31

     388,000        337,075  

Go Daddy Operating Co. LLC / GD Finance Co., Inc.
3.50%, 3/1/29(a)

     350,000        295,494  

Goodyear Tire & Rubber Co.
5.00%, 5/31/26(b)

     400,000        371,652  

4.88%, 3/15/27(b)

     50,000        44,813  

5.25%, 7/15/31(b)

     1,032,000        837,262  

GrafTech Finance, Inc.
4.63%, 12/15/28(a)

     207,000        173,025  

Gray Escrow II, Inc.
5.38%, 11/15/31(a)

     930,000        745,795  

Gray Television, Inc.
5.88%, 7/15/26(a)

     618,000        579,857  

7.00%, 5/15/27(a)

     308,000        297,238  

Griffon Corp.
5.75%, 3/1/28

     529,000        480,708  

Group 1 Automotive, Inc.
4.00%, 8/15/28(a)

     303,000        257,605  

Hanesbrands, Inc.
4.88%, 5/15/26(a)

     428,000        397,141  

HCA, Inc.
5.88%, 2/1/29

     202,000        202,386  

3.50%, 9/1/30

     548,000        467,767  

Hilton Domestic Operating Co., Inc.
5.38%, 5/1/25(a)

     371,000        365,109  

5.75%, 5/1/28(a)

     439,000        419,350  

Hilton Grand Vacations Borrower Escrow LLC / Hilton Grand Vacations Borrower Escrow, Inc.
4.88%, 7/1/31(a)

     544,000        416,388  

Hilton Worldwide Finance LLC / Hilton Worldwide Finance Corp.
4.88%, 4/1/27

     535,000        505,842  

HLF Financing Sarl LLC / Herbalife International, Inc.
4.88%, 6/1/29(a)

     349,000        241,267  

Holly Energy Partners LP / Holly Energy Finance Corp.
5.00%, 2/1/28(a)

     247,000        212,153  

Hologic, Inc.
3.25%, 2/15/29(a)

     158,000        135,280  

Horizon Therapeutics USA, Inc.
5.50%, 8/1/27(a)

     250,000        241,317  

Hughes Satellite Systems Corp.
5.25%, 8/1/26

     129,000        119,491  

6.63%, 8/1/26

     397,000        347,871  

Huntsman International LLC
4.50%, 5/1/29

     120,000        113,123  

iHeartCommunications, Inc.
8.38%, 5/1/27(b)

     1,157,774        927,308  

4.75%, 1/15/28(a)(b)

     441,000        363,799  

Ingevity Corp.
3.88%, 11/1/28(a)(b)

     246,000        206,345  

 

See Notes to Financial Statements.

 

68   WisdomTree Trust


Schedule of Investments (continued)

WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)

June 30, 2022

 

 

 

Investments    Principal
Amount
     Value  

IQVIA, Inc.
5.00%, 5/15/27(a)

   $ 200,000      $ 189,402  

Iron Mountain, Inc.
4.88%, 9/15/27(a)

     344,000        311,822  

5.25%, 3/15/28(a)

     469,000        421,486  

4.88%, 9/15/29(a)

     475,000        398,382  

5.63%, 7/15/32(a)

     499,000        423,372  

iStar, Inc.
4.25%, 8/1/25

     160,000        148,280  

Kaiser Aluminum Corp.
4.50%, 6/1/31(a)

     513,000        393,943  

KAR Auction Services, Inc.
5.13%, 6/1/25(a)(b)

     504,000        474,456  

Kennedy-Wilson, Inc.
5.00%, 3/1/31

     678,000        537,098  

KFC Holding Co. / Pizza Hut Holdings LLC / Taco Bell of America LLC
4.75%, 6/1/27(a)

     113,000        108,737  

Koppers, Inc.
6.00%, 2/15/25(a)

     270,000        252,288  

Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp.
4.25%, 2/1/27(a)

     320,000        259,565  

Lamar Media Corp.
4.00%, 2/15/30

     328,000        278,256  

3.63%, 1/15/31

     50,000        41,085  

Lamb Weston Holdings, Inc.
4.88%, 5/15/28(a)

     56,000        52,775  

4.38%, 1/31/32(a)

     570,000        496,208  

Level 3 Financing, Inc.
5.38%, 5/1/25

     350,000        340,291  

4.25%, 7/1/28(a)

     417,000        334,530  

3.63%, 1/15/29(a)

     952,000        731,821  

Lions Gate Capital Holdings LLC
5.50%, 4/15/29(a)

     382,000        298,426  

Lithia Motors, Inc.
4.38%, 1/15/31(a)

     68,000        58,418  

Live Nation Entertainment, Inc.
4.75%, 10/15/27(a)(b)

     800,000        713,120  

3.75%, 1/15/28(a)

     500,000        433,345  

LPL Holdings, Inc.
4.00%, 3/15/29(a)

     104,000        89,579  

Lumen Technologies, Inc.
6.75%, 12/1/23, Series W

     524,000        520,804  

7.50%, 4/1/24, Series Y

     292,000        289,982  

5.63%, 4/1/25

     391,000        371,403  

5.13%, 12/15/26(a)

     1,261,000        1,063,893  

Macy’s Retail Holdings LLC
5.88%, 4/1/29(a)

     270,000        230,329  

Marriott Ownership Resorts, Inc.
6.13%, 9/15/25(a)

     288,000        286,332  

Masonite International Corp.
5.38%, 2/1/28(a)

     231,000        210,171  

Match Group Holdings II LLC
3.63%, 10/1/31(a)(b)

     186,000        146,851  

Mattel, Inc.
5.88%, 12/15/27(a)

     220,000        215,233  

MGM Resorts International
6.75%, 5/1/25

   585,000      576,991  

4.63%, 9/1/26

     146,000        129,775  

5.50%, 4/15/27

     731,000        660,539  

4.75%, 10/15/28

     77,000        64,905  

Michaels Cos., Inc.
7.88%, 5/1/29(a)

     999,000        663,566  

Midwest Gaming Borrower LLC / Midwest Gaming Finance Corp.
4.88%, 5/1/29(a)

     446,000        364,690  

ModivCare Escrow Issuer, Inc.
5.00%, 10/1/29(a)

     452,000        365,804  

Molina Healthcare, Inc.
3.88%, 11/15/30(a)

     550,000        470,580  

3.88%, 5/15/32(a)

     264,000        222,285  

MPH Acquisition Holdings LLC
5.75%, 11/1/28(a)(b)

     1,379,000        1,146,514  

MPT Operating Partnership LP / MPT Finance Corp.
5.25%, 8/1/26

     212,000        201,148  

5.00%, 10/15/27

     251,000        230,483  

4.63%, 8/1/29

     189,000        167,148  

MSCI, Inc.
4.00%, 11/15/29(a)(b)

     359,000        319,241  

Murphy Oil USA, Inc.
4.75%, 9/15/29

     92,000        83,143  

3.75%, 2/15/31(a)

     154,000        131,441  

Nabors Industries, Inc.
7.38%, 5/15/27(a)

     700,000        662,200  

Nationstar Mortgage Holdings, Inc.
6.00%, 1/15/27(a)

     1,440,000        1,252,224  

Navient Corp.
5.50%, 1/25/23

     450,000        447,430  

6.13%, 3/25/24

     639,000        606,788  

6.75%, 6/25/25

     77,000        70,440  

6.75%, 6/15/26

     261,000        231,215  

5.00%, 3/15/27

     47,000        38,827  

4.88%, 3/15/28

     280,000        218,999  

NCR Corp.
5.00%, 10/1/28(a)

     731,000        624,515  

5.13%, 4/15/29(a)

     410,000        348,279  

Newell Brands, Inc.
4.10%, 4/1/23

     15,000        14,890  

4.45%, 4/1/26

     159,000        151,510  

5.75%, 4/1/46

     286,000        232,083  

Newmark Group, Inc.
6.13%, 11/15/23

     135,000        135,012  

News Corp.
3.88%, 5/15/29(a)

     300,000        260,508  

Nexstar Media, Inc.
5.63%, 7/15/27(a)

     600,000        554,880  

4.75%, 11/1/28(a)

     340,000        297,296  

NextEra Energy Operating Partners LP
4.25%, 9/15/24(a)

     7,000        6,754  

3.88%, 10/15/26(a)

     281,000        256,910  

Nielsen Finance LLC / Nielsen Finance Co.
5.88%, 10/1/30(a)

     250,000        229,953  

4.75%, 7/15/31(a)

     478,000        431,605  

 

See Notes to Financial Statements.

 

WisdomTree Trust      69  


Schedule of Investments (continued)

WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)

June 30, 2022

 

 

 

Investments    Principal
Amount
     Value  

Nordstrom, Inc.
5.00%, 1/15/44(b)

   $ 665,000      $ 475,016  

NortonLifeLock, Inc.
5.00%, 4/15/25(a)

     351,000        343,369  

NRG Energy, Inc.
3.88%, 2/15/32(a)

     900,000        715,203  

NuStar Logistics LP
5.63%, 4/28/27

     495,000        441,787  

6.38%, 10/1/30

     460,000        402,091  

Occidental Petroleum Corp.
2.90%, 8/15/24

     550,000        531,998  

3.40%, 4/15/26

     371,000        340,322  

3.50%, 8/15/29(b)

     600,000        536,430  

6.63%, 9/1/30

     300,000        309,306  

7.50%, 5/1/31

     216,000        233,058  

6.45%, 9/15/36

     193,000        201,226  

4.40%, 8/15/49

     621,000        499,110  

Olin Corp.
5.13%, 9/15/27

     503,000        465,169  

ON Semiconductor Corp.
3.88%, 9/1/28(a)

     200,000        176,900  

OneMain Finance Corp.
5.63%, 3/15/23

     411,000        407,749  

6.13%, 3/15/24

     353,000        337,892  

6.88%, 3/15/25

     575,000        544,099  

7.13%, 3/15/26

     61,000        56,926  

6.63%, 1/15/28

     300,000        268,776  

5.38%, 11/15/29

     465,000        377,733  

4.00%, 9/15/30

     894,000        662,973  

Organon & Co. / Organon Foreign Debt Co-Issuer BV
5.13%, 4/30/31(a)

     1,000,000        864,180  

Outfront Media Capital LLC / Outfront Media Capital Corp.
4.63%, 3/15/30(a)

     736,000        592,524  

Owens & Minor, Inc.
4.50%, 3/31/29(a)(b)

     223,000        182,318  

6.63%, 4/1/30(a)

     400,000        365,116  

Owens-Brockway Glass Container, Inc.
5.88%, 8/15/23(a)

     641,000        635,116  

Pactiv Evergreen Group Issuer LLC / Pactiv Evergreen Group Issuer, Inc.
4.38%, 10/15/28(a)

     742,000        631,531  

Par Pharmaceutical, Inc.
7.50%, 4/1/27(a)

     1,255,000        955,344  

Paramount Global

     

6.25%, 2/28/57, (6.25% fixed rate until 2/28/27; 3-month U.S. dollar London Interbank Offered Rate + 3.899% thereafter)(c)(d)

     115,000        100,848  

6.38%, 3/30/62, (6.375% fixed rate until 3/30/27; 5-year Constant Maturity Treasury Rate + 3.999% thereafter)(c)

     600,000        536,166  

Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer, Inc.
5.88%, 10/1/28(a)

     605,000        553,164  

Party City Holdings, Inc.
8.75%, 2/15/26(a)

   486,000      327,773  

Patterson-UTI Energy, Inc.
3.95%, 2/1/28

     219,000        183,259  

PBF Holding Co. LLC / PBF Finance Corp.
9.25%, 5/15/25(a)

     449,000        470,386  

7.25%, 6/15/25

     729,000        682,162  

6.00%, 2/15/28

     496,000        420,866  

PBF Logistics LP / PBF Logistics Finance Corp. 6.88%, 5/15/23

     407,000        403,109  

Performance Food Group, Inc.
5.50%, 10/15/27(a)

     446,000        413,665  

4.25%, 8/1/29(a)

     150,000        125,471  

Pilgrim’s Pride Corp.
5.88%, 9/30/27(a)

     223,000        213,605  

4.25%, 4/15/31(a)

     170,000        141,991  

Plantronics, Inc.
4.75%, 3/1/29(a)

     290,000        289,458  

Post Holdings, Inc.
5.63%, 1/15/28(a)

     246,000        233,653  

5.50%, 12/15/29(a)

     189,000        169,588  

4.63%, 4/15/30(a)

     738,000        623,219  

4.50%, 9/15/31(a)

     1,029,000        846,713  

Premier Entertainment Sub LLC / Premier Entertainment Finance Corp.
5.88%, 9/1/31(a)

     813,000        564,759  

Prestige Brands, Inc.
3.75%, 4/1/31(a)

     269,000        223,248  

Prime Security Services Borrower LLC / Prime Finance, Inc.
5.25%, 4/15/24(a)

     415,000        407,609  

5.75%, 4/15/26(a)

     715,000        671,206  

6.25%, 1/15/28(a)

     759,000        638,251  

PROG Holdings, Inc.
6.00%, 11/15/29(a)

     438,000        331,781  

QVC, Inc.
4.45%, 2/15/25

     179,000        160,137  

4.75%, 2/15/27

     338,000        270,414  

Rackspace Technology Global, Inc.
3.50%, 2/15/28(a)(b)

     578,000        453,551  

Radian Group, Inc.
6.63%, 3/15/25

     181,000        178,301  

Realogy Group LLC / Realogy Co-Issuer Corp.
5.75%, 1/15/29(a)

     368,000        281,465  

5.25%, 4/15/30(a)

     700,000        518,742  

RHP Hotel Properties LP / RHP Finance Corp.
4.75%, 10/15/27

     204,000        181,417  

4.50%, 2/15/29(a)

     376,000        319,021  

Rite Aid Corp.
8.00%, 11/15/26(a)(b)

     960,000        747,840  

RLJ Lodging Trust LP
4.00%, 9/15/29(a)

     365,000        302,658  

Sabra Health Care LP
3.20%, 12/1/31

     723,000        574,792  

Sally Holdings LLC / Sally Capital, Inc.
5.63%, 12/1/25

     151,000        142,182  

 

See Notes to Financial Statements.

 

70   WisdomTree Trust


Schedule of Investments (continued)

WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)

June 30, 2022

 

 

 

Investments    Principal
Amount
     Value  

Scientific Games International, Inc.
7.00%, 5/15/28(a)

   $ 250,000      $ 236,293  

7.25%, 11/15/29(a)(b)

     200,000        189,476  

Scotts Miracle-Gro Co.
4.00%, 4/1/31

     193,000        146,091  

Scripps Escrow II, Inc.
5.38%, 1/15/31(a)

     662,000        529,209  

SeaWorld Parks & Entertainment, Inc.
5.25%, 8/15/29(a)(b)

     437,000        370,847  

Select Medical Corp.
6.25%, 8/15/26(a)(b)

     302,000        282,844  

Sensata Technologies, Inc.
3.75%, 2/15/31(a)

     283,000        227,478  

Service Corp. International
4.63%, 12/15/27

     205,000        193,067  

5.13%, 6/1/29

     78,000        73,700  

3.38%, 8/15/30

     338,000        279,303  

Service Properties Trust
4.35%, 10/1/24

     828,000        673,561  

Silgan Holdings, Inc.
4.13%, 2/1/28

     102,000        91,684  

Sinclair Television Group, Inc.
5.50%, 3/1/30(a)(b)

     600,000        446,688  

4.13%, 12/1/30(a)

     160,000        127,098  

Sirius XM Radio, Inc.
5.00%, 8/1/27(a)

     88,000        81,729  

5.50%, 7/1/29(a)

     885,000        814,041  

4.13%, 7/1/30(a)

     810,000        677,006  

3.88%, 9/1/31(a)

     1,010,000        805,202  

Six Flags Entertainment Corp.
5.50%, 4/15/27(a)(b)

     124,000        112,658  

Six Flags Theme Parks, Inc.
7.00%, 7/1/25(a)

     37,000        37,582  

Skyworks Solutions, Inc.
3.00%, 6/1/31

     520,000        425,012  

Sonic Automotive, Inc.
4.88%, 11/15/31(a)(b)

     555,000        419,624  

Southwestern Energy Co.
5.38%, 3/15/30

     500,000        460,465  

Spectrum Brands, Inc.
5.75%, 7/15/25

     100,000        99,003  

3.88%, 3/15/31(a)

     236,000        190,584  

Spirit AeroSystems, Inc.
5.50%, 1/15/25(a)

     238,000        222,185  

7.50%, 4/15/25(a)

     410,000        384,162  

4.60%, 6/15/28

     518,000        387,044  

Sprint Corp.
7.88%, 9/15/23

     72,000        74,430  

7.13%, 6/15/24

     279,000        287,272  

7.63%, 2/15/25

     200,000        209,002  

7.63%, 3/1/26

     250,000        264,005  

SS&C Technologies, Inc.
5.50%, 9/30/27(a)

     434,000        408,858  

Stagwell Global LLC
5.63%, 8/15/29(a)

     640,000        515,629  

Station Casinos LLC
4.50%, 2/15/28(a)

   200,000      169,214  

4.63%, 12/1/31(a)

     368,000        287,846  

Summit Midstream Holdings LLC / Summit Midstream Finance Corp.
8.50%, 10/15/26(a)

     512,000        461,896  

SunCoke Energy, Inc.
4.88%, 6/30/29(a)

     220,000        179,584  

Sunoco LP / Sunoco Finance Corp.
4.50%, 4/30/30(a)

     180,000        146,768  

Surgery Center Holdings, Inc.
10.00%, 4/15/27(a)(b)

     117,000        114,723  

Syneos Health, Inc.
3.63%, 1/15/29(a)

     150,000        127,944  

T-Mobile USA, Inc.
2.88%, 2/15/31

     415,000        344,699  

Talos Production, Inc.
12.00%, 1/15/26

     143,000        149,209  

Taylor Morrison Communities, Inc.
5.13%, 8/1/30(a)

     230,000        191,627  

TEGNA, Inc.
4.63%, 3/15/28

     313,000        293,068  

5.00%, 9/15/29

     230,000        217,713  

Teleflex, Inc.
4.63%, 11/15/27

     238,000        223,173  

Tempur Sealy International, Inc.
4.00%, 4/15/29(a)(b)

     120,000        96,930  

3.88%, 10/15/31(a)

     450,000        337,774  

Tenet Healthcare Corp.
6.75%, 6/15/23

     941,000        973,822  

4.63%, 7/15/24

     51,000        49,039  

4.63%, 9/1/24(a)

     664,000        637,892  

4.88%, 1/1/26(a)

     815,000        754,095  

6.25%, 2/1/27(a)

     415,000        384,597  

6.13%, 10/1/28(a)

     1,150,000        991,794  

Tenneco, Inc.
5.00%, 7/15/26

     110,000        102,923  

Terex Corp.
5.00%, 5/15/29(a)

     334,000        287,995  

TerraForm Power Operating LLC
5.00%, 1/31/28(a)

     417,000        378,915  

Time Warner Cable LLC
4.50%, 9/15/42

     121,000        95,211  

TopBuild Corp.
4.13%, 2/15/32(a)

     230,000        181,463  

Townsquare Media, Inc.
6.88%, 2/1/26(a)(b)

     432,000        390,757  

TransDigm, Inc.
6.25%, 3/15/26(a)

     936,000        905,271  

6.38%, 6/15/26

     519,000        486,708  

4.88%, 5/1/29

     1,288,000        1,049,334  

Transocean, Inc.
11.50%, 1/30/27(a)

     768,000        720,868  

8.00%, 2/1/27(a)

     373,000        251,182  

Travel + Leisure Co.
6.63%, 7/31/26(a)

     230,000        220,126  

 

See Notes to Financial Statements.

 

WisdomTree Trust      71  


Schedule of Investments (continued)

WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)

June 30, 2022

 

 

 

Investments    Principal
Amount
     Value  

TreeHouse Foods, Inc.
4.00%, 9/1/28(b)

   $ 345,000      $ 281,927  

TriNet Group, Inc.
3.50%, 3/1/29(a)

     187,000        154,153  

Tronox, Inc.
4.63%, 3/15/29(a)

     625,000        505,625  

TTM Technologies, Inc.
4.00%, 3/1/29(a)(b)

     233,000        196,412  

Tutor Perini Corp.
6.88%, 5/1/25(a)(b)

     439,000        359,572  

Twitter, Inc.
3.88%, 12/15/27(a)(b)

     187,000        176,674  

U.S. Foods, Inc.
6.25%, 4/15/25(a)

     397,000        396,234  

4.75%, 2/15/29(a)

     430,000        376,108  

Under Armour, Inc.
3.25%, 6/15/26

     116,000        101,318  

United Natural Foods, Inc.
6.75%, 10/15/28(a)(b)

     250,000        234,450  

United Rentals North America, Inc.
5.50%, 5/15/27

     389,000        382,099  

4.88%, 1/15/28

     323,000        306,152  

5.25%, 1/15/30

     105,000        97,900  

Uniti Group LP / Uniti Fiber Holdings, Inc. / CSL Capital LLC
7.88%, 2/15/25(a)

     2,000,000        1,931,540  

Univar Solutions USA, Inc.
5.13%, 12/1/27(a)

     148,000        138,263  

Urban One, Inc.
7.38%, 2/1/28(a)

     507,000        434,940  

USA Compression Partners LP / USA Compression Finance Corp.
6.88%, 4/1/26

     430,000        391,661  

Vail Resorts, Inc.
6.25%, 5/15/25(a)

     217,000        217,176  

Valvoline, Inc.
4.25%, 2/15/30(a)

     296,000        247,290  

3.63%, 6/15/31(a)

     182,000        146,286  

Vector Group Ltd.
5.75%, 2/1/29(a)

     826,000        688,289  

Victors Merger Corp.
6.38%, 5/15/29(a)(b)

     411,000        259,571  

Vista Outdoor, Inc.
4.50%, 3/15/29(a)

     284,000        215,408  

Vistra Operations Co. LLC
5.63%, 2/15/27(a)

     1,009,000        950,306  

Vontier Corp.
2.95%, 4/1/31

     650,000        508,449  

W&T Offshore, Inc.
9.75%, 11/1/23(a)

     429,000        409,777  

WESCO Distribution, Inc.
7.13%, 6/15/25(a)

     916,000        914,699  

Western Digital Corp.
4.75%, 2/15/26

     230,000        220,393  

2.85%, 2/1/29

     500,000        407,795  

Western Midstream Operating LP
3.95%, 6/1/25

     749,000        707,753  

4.65%, 7/1/26

  220,000      207,297  

4.55%, 2/1/30

    356,000        309,485  

Westinghouse Air Brake Technologies Corp.
4.95%, 9/15/28

    262,000        252,214  

Williams Scotsman International, Inc.
4.63%, 8/15/28(a)

    285,000        246,491  

WW International, Inc.
4.50%, 4/15/29(a)(b)

    195,000        130,014  

Xerox Corp.
4.63%, 3/15/23

    61,000        60,929  

Xerox Holdings Corp.
5.50%, 8/15/28(a)(b)

    681,000        573,259  

Yum! Brands, Inc.
4.75%, 1/15/30(a)

    20,000        18,189  

3.63%, 3/15/31

    290,000        245,775  

Ziff Davis, Inc.
4.63%, 10/15/30(a)

    287,000        245,864  

TOTAL U.S. CORPORATE BONDS

(Cost: $193,895,738)

             164,410,815  
FOREIGN CORPORATE BONDS – 1.0%

 

Canada – 0.4%

 

Open Text Holdings, Inc.
4.13%, 2/15/30(a)

    340,000        290,612  

4.13%, 12/1/31(a)

    262,000        219,278  

Primo Water Holdings, Inc.
4.38%, 4/30/29(a)

    300,000        245,532  
    

 

 

 
Total Canada

 

     755,422  
Germany – 0.6%

 

Deutsche Bank AG

    

5.88%, 7/8/31, (5.88% fixed rate until 4/8/30; Secured Overnight Financing Rate + 5.438% thereafter)(c)

    395,000        361,678  

3.73%, 1/14/32, (3.729% fixed rate until 10/14/30; Secured Overnight Financing Rate + 2.757% thereafter)(c)

    210,000        157,712  

3.74%, 1/7/33, (3.742% fixed rate until 10/7/31; Secured Overnight Financing Rate + 2.257% thereafter)(c)

    600,000        444,948  
    

 

 

 
Total Germany              964,338  

TOTAL FOREIGN CORPORATE BONDS

(Cost: $2,017,455)

             1,719,760  
     Shares          
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 11.0%

 

United States – 11.0%     

State Street Navigator Securities Lending Government Money Market Portfolio, 1.56%(e)

(Cost: $18,791,313)

    18,791,313        18,791,313  

TOTAL INVESTMENTS IN SECURITIES – 108.0%

(Cost: $214,704,506)

 

 

     184,921,888  

Other Assets less Liabilities – (8.0)%

 

     (13,626,588
    

 

 

 
NET ASSETS – 100.0%

 

   $ 171,295,300  
(a)

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

See Notes to Financial Statements.

 

72   WisdomTree Trust


Schedule of Investments (concluded)

WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)

June 30, 2022

 

 

 

(b) 

Security, or portion thereof, was on loan at June 30, 2022 (See Note 2). At June 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $18,352,831 and the total market value of the collateral held by the Fund was $19,045,514. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $254,201.

 

(c) 

Rate shown reflects the accrual rate as of June 30, 2022 on securities with variable or step rates.

(d) 

The London Interbank Offered Rate (“LIBOR”) is being phased out completely by June 30, 2023. There remains uncertainty regarding the nature of any replacement rate and the impact of a transition away from LIBOR on the Fund’s investments.

 

(e) 

Rate shown represents annualized 7-day yield as of June 30, 2022.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of June 30, 2022 in valuing the Fund’s investments (See Note 2 – Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

           

Investments in Securities

           

U.S. Corporate Bonds

   $      $ 164,410,815      $      $ 164,410,815  

Foreign Corporate Bonds

            1,719,760               1,719,760  

Investment of Cash Collateral for Securities Loaned

            18,791,313               18,791,313  

Total Investments in Securities

   $      $ 184,921,888      $      $ 184,921,888  

 

See Notes to Financial Statements.

 

WisdomTree Trust      73  


Schedule of Investments

WisdomTree U.S. Short-Term Corporate Bond Fund (SFIG)

June 30, 2022

 

 

 

Investments    Principal
Amount
     Value  
U.S. CORPORATE BONDS – 94.1%

 

United States – 94.1%

 

3M Co.
2.65%, 4/15/25

   $ 9,000      $ 8,795  

Abbott Laboratories
3.40%, 11/30/23

     51,000        51,234  

AbbVie, Inc.
2.85%, 5/14/23

     139,000        138,419  

2.60%, 11/21/24

     223,000        216,112  

3.60%, 5/14/25

     74,000        73,060  

2.95%, 11/21/26

     179,000        169,744  

Aetna, Inc.
2.80%, 6/15/23

     156,000        154,114  

Affiliated Managers Group, Inc.
3.50%, 8/1/25

     39,000        38,654  

Aflac, Inc.
3.63%, 11/15/24

     46,000        46,146  

Aircastle Ltd.
4.13%, 5/1/24

     63,000        61,399  

Alexandria Real Estate Equities, Inc.
3.45%, 4/30/25

     9,000        8,863  

Allegion U.S. Holding Co., Inc.
3.20%, 10/1/24

     50,000        48,666  

Ally Financial, Inc.
3.88%, 5/21/24

     156,000        154,544  

4.63%, 3/30/25

     62,000        61,721  

5.80%, 5/1/25

     53,000        54,261  

Altria Group, Inc.
4.00%, 1/31/24

     10,000        10,030  

4.40%, 2/14/26

     136,000        133,171  

Amazon.com, Inc.
3.80%, 12/5/24

     9,000        9,114  

Amcor Finance USA, Inc.
3.63%, 4/28/26

     160,000        153,853  

American Express Co.
3.40%, 2/22/24

     79,000        78,834  

3.00%, 10/30/24

     43,000        42,242  

3.63%, 12/5/24

     60,000        59,720  

1.65%, 11/4/26

     280,000        253,996  

American Honda Finance Corp.
2.15%, 9/10/24

     179,000        173,532  

1.20%, 7/8/25

     75,000        69,306  

American International Group, Inc.
2.50%, 6/30/25

     54,000        51,538  

American Water Capital Corp.
3.40%, 3/1/25

     40,000        39,558  

Amgen, Inc.
3.63%, 5/22/24

     153,000        152,804  

2.20%, 2/21/27

     64,000        58,865  

Amphenol Corp.
3.20%, 4/1/24

     25,000        24,805  

Aon Corp. / Aon Global Holdings PLC
2.85%, 5/28/27

     210,000        197,024  

Apple, Inc.
2.85%, 5/11/24

     136,000        135,234  

AutoZone, Inc.
3.13%, 4/21/26

     76,000        73,278  

AvalonBay Communities, Inc.
4.20%, 12/15/23

     77,000        77,330  

Avangrid, Inc.
3.20%, 4/15/25

   66,000      64,178  

Bank of America Corp.
4.13%, 1/22/24

     19,000        19,218  

0.81%, 10/24/24, (0.81% fixed rate until 10/24/23; Secured Overnight Financing Rate + 0.74% thereafter)(a)

     70,000        66,810  

4.00%, 1/22/25

     15,000        14,951  

3.46%, 3/15/25, (3.458% fixed rate until 3/15/24; 3-month U.S. dollar London Interbank Offered Rate + 0.97% thereafter)(a)(d)

     353,000        348,549  

3.95%, 4/21/25, Series L

     93,000        91,977  

3.09%, 10/1/25, (3.093% fixed rate until 10/1/24; 3-month U.S. dollar London Interbank Offered Rate + 1.09% thereafter)(a)(d)

     161,000        156,176  

3.37%, 1/23/26, (3.366% fixed rate until 1/23/25; 3-month U.S. dollar London Interbank Offered Rate + 0.81% thereafter)(a)(d)

     283,000        274,094  

4.45%, 3/3/26

     94,000        93,821  

3.50%, 4/19/26

     57,000        55,575  

1.32%, 6/19/26, (1.319% fixed rate until 6/19/25; Secured Overnight Financing Rate + 1.15% thereafter)(a)

     188,000        171,069  

4.25%, 10/22/26

     74,000        73,030  

1.20%, 10/24/26, (1.197% fixed rate until 10/24/25; Secured Overnight Financing Rate + 1.01% thereafter)(a)

     166,000        148,862  

1.66%, 3/11/27, Series N, (1.658% fixed rate until 3/11/26; Secured Overnight Financing Rate + 0.91% thereafter)(a)

     400,000        359,936  

BankUnited, Inc.
4.88%, 11/17/25

     38,000        38,385  

Baxter International, Inc.
1.32%, 11/29/24

     121,000        113,686  

1.92%, 2/1/27

     61,000        54,681  

Becton Dickinson and Co.
3.36%, 6/6/24

     33,000        32,670  

3.73%, 12/15/24

     73,000        72,649  

Biogen, Inc.
4.05%, 9/15/25

     280,000        277,379  

Boardwalk Pipelines LP
4.95%, 12/15/24

     103,000        103,869  

5.95%, 6/1/26

     120,000        124,511  

Boeing Co.
4.88%, 5/1/25

     107,000        106,634  

Boston Scientific Corp.
3.45%, 3/1/24

     25,000        24,967  

Bristol-Myers Squibb Co.
0.75%, 11/13/25(b)

     300,000        273,696  

Broadcom Corp. / Broadcom Cayman Finance Ltd.
3.88%, 1/15/27

     174,000        167,865  

Broadcom, Inc.
3.15%, 11/15/25

     34,000        32,781  

3.46%, 9/15/26(b)

     54,000        51,873  

 

See Notes to Financial Statements.

 

74   WisdomTree Trust


Schedule of Investments (continued)

WisdomTree U.S. Short-Term Corporate Bond Fund (SFIG)

June 30, 2022

 

 

 

Investments    Principal
Amount
     Value  

4.11%, 9/15/28

   $ 68,000      $ 64,602  

Broadridge Financial Solutions, Inc.
3.40%, 6/27/26

     46,000        44,517  

Bunge Ltd. Finance Corp.
1.63%, 8/17/25

     280,000        258,118  

Burlington Northern Santa Fe LLC
3.40%, 9/1/24

     9,000        9,022  

Capital One Financial Corp.
3.90%, 1/29/24

     200,000        200,054  

3.30%, 10/30/24

     102,000        99,674  

4.25%, 4/30/25

     90,000        89,981  

4.20%, 10/29/25

     576,000        568,230  

3.75%, 7/28/26

     103,000        98,625  

Carrier Global Corp.
2.24%, 2/15/25

     142,000        134,934  

2.49%, 2/15/27

     302,000        276,001  

Caterpillar Financial Services Corp.
2.15%, 11/8/24(b)

     9,000        8,742  

0.80%, 11/13/25

     156,000        141,890  

Celanese U.S. Holdings LLC
3.50%, 5/8/24

     20,000        19,752  

1.40%, 8/5/26

     64,000        55,135  

Charles Schwab Corp.
4.20%, 3/24/25

     48,000        48,776  

3.63%, 4/1/25

     60,000        59,939  

Chevron Corp.
2.90%, 3/3/24

     132,000        131,645  

Chubb INA Holdings, Inc.
3.35%, 5/15/24(b)

     30,000        29,930  

Cigna Corp.
3.25%, 4/15/25

     114,000        111,873  

4.13%, 11/15/25

     81,000        81,269  

4.50%, 2/25/26

     134,000        135,888  

Cintas Corp. No. 2
3.70%, 4/1/27

     80,000        79,084  

Cisco Systems, Inc.
2.20%, 9/20/23

     51,000        50,565  

Citigroup, Inc.
3.75%, 6/16/24

     99,000        99,572  

4.00%, 8/5/24(b)

     56,000        56,000  

0.78%, 10/30/24, (0.776% fixed rate until 10/30/23; Secured Overnight Financing Rate + 0.686% thereafter)(a)

     122,000        116,412  

3.35%, 4/24/25, (3.352% fixed rate until 4/24/24; 3-month U.S. dollar London Interbank Offered Rate + 0.897% thereafter)(a)(d)

     91,000        89,286  

3.30%, 4/27/25

     150,000        147,898  

0.98%, 5/1/25, (0.981% fixed rate until 5/1/24; Secured Overnight Financing Rate + 0.669% thereafter)(a)

     72,000        67,470  

4.40%, 6/10/25

     273,000        272,899  

5.50%, 9/13/25

     228,000        234,742  

1.28%, 11/3/25, (1.281% fixed rate until 11/3/24; Secured Overnight Financing Rate + 0.528% thereafter)(a)

     183,000        170,267  

4.60%, 3/9/26

     87,000        87,300  

3.11%, 4/8/26, (3.106% fixed rate until 4/8/25; Secured Overnight Financing Rate + 2.842% thereafter)(a)

   199,000      191,464  

3.40%, 5/1/26

     98,000        94,904  

3.20%, 10/21/26

     385,000        366,693  

4.30%, 11/20/26

     48,000        47,443  

1.12%, 1/28/27, (1.122% fixed rate until 1/28/26; Secured Overnight Financing Rate + 0.765% thereafter)(a)

     104,000        91,951  

Citizens Financial Group, Inc.
2.85%, 7/27/26(b)

     260,000        243,872  

Comcast Corp.
3.70%, 4/15/24

     9,000        9,029  

3.38%, 8/15/25

     68,000        67,234  

3.95%, 10/15/25

     135,000        135,724  

3.15%, 3/1/26

     273,000        266,388  

Comerica, Inc.
3.70%, 7/31/23

     50,000        49,990  

Conagra Brands, Inc.
4.60%, 11/1/25

     73,000        73,410  

Constellation Brands, Inc.
4.40%, 11/15/25

     290,000        291,853  

4.35%, 5/9/27

     75,000        74,580  

CSX Corp.
3.35%, 11/1/25(b)

     180,000        177,012  

2.60%, 11/1/26

     70,000        65,941  

CVS Health Corp.
2.63%, 8/15/24

     196,000        191,813  

2.88%, 6/1/26

     80,000        76,300  

D.R. Horton, Inc.
2.50%, 10/15/24

     78,000        74,592  

2.60%, 10/15/25

     25,000        23,557  

Dell International LLC / EMC Corp.
6.02%, 6/15/26

     348,000        361,057  

4.90%, 10/1/26

     93,000        93,148  

Delmarva Power & Light Co.
3.50%, 11/15/23

     100,000        100,467  

Devon Energy Corp.
5.85%, 12/15/25

     160,000        166,941  

Discover Bank
3.45%, 7/27/26

     260,000        246,134  

Discover Financial Services
3.95%, 11/6/24

     50,000        49,372  

3.75%, 3/4/25

     114,000        112,395  

4.50%, 1/30/26

     116,000        113,811  

4.10%, 2/9/27

     57,000        54,661  

Discovery Communications LLC
3.80%, 3/13/24

     45,000        44,786  

3.95%, 6/15/25(b)

     100,000        97,863  

4.90%, 3/11/26

     244,000        244,669  

Dollar General Corp.
4.15%, 11/1/25

     230,000        230,582  

Dominion Energy, Inc.
3.30%, 3/15/25, Series A

     109,000        106,893  

1.45%, 4/15/26, Series A

     260,000        235,279  

DTE Energy Co.
2.53%, 10/1/24, Series C

     26,000        25,169  

 

See Notes to Financial Statements.

 

WisdomTree Trust      75  


Schedule of Investments (continued)

WisdomTree U.S. Short-Term Corporate Bond Fund (SFIG)

June 30, 2022

 

 

 

Investments    Principal
Amount
     Value  

Duke Energy Corp.
3.95%, 10/15/23

   $ 63,000      $ 63,293  

2.65%, 9/1/26

     60,000        56,384  

eBay, Inc.
1.90%, 3/11/25

     35,000        32,933  

1.40%, 5/10/26

     280,000        252,053  

Elevance Health, Inc.
3.50%, 8/15/24

     121,000        120,568  

3.35%, 12/1/24

     9,000        8,891  

Entergy Arkansas LLC
3.50%, 4/1/26

     50,000        49,360  

Entergy Corp.
0.90%, 9/15/25

     310,000        279,679  

Entergy Louisiana LLC
2.40%, 10/1/26

     130,000        120,786  

Enterprise Products Operating LLC
3.90%, 2/15/24

     78,000        77,942  

3.75%, 2/15/25

     93,000        92,129  

Equitable Holdings, Inc.
3.90%, 4/20/23

     61,000        61,304  

Evergy Kansas Central, Inc.
2.55%, 7/1/26

     62,000        58,937  

Evergy, Inc.
2.45%, 9/15/24

     36,000        34,681  

Eversource Energy
3.80%, 12/1/23, Series N(b)

     43,000        43,092  

Exxon Mobil Corp.
2.71%, 3/6/25(b)

     143,000        140,174  

Fidelity National Information Services, Inc.
1.15%, 3/1/26

     42,000        37,278  

Fifth Third Bancorp
2.38%, 1/28/25

     50,000        47,932  

Fifth Third Bank NA
3.85%, 3/15/26

     200,000        196,234  

Fiserv, Inc.
3.80%, 10/1/23

     135,000        135,354  

2.75%, 7/1/24

     82,000        80,061  

Florida Power & Light Co.
2.85%, 4/1/25(b)

     97,000        95,432  

FMC Corp.
3.20%, 10/1/26

     250,000        238,212  

Fortune Brands Home & Security, Inc.
4.00%, 9/21/23

     51,000        51,197  

Fox Corp.
3.05%, 4/7/25

     47,000        45,582  

General Dynamics Corp.
3.38%, 5/15/23

     78,000        78,239  

2.38%, 11/15/24

     9,000        8,771  

3.25%, 4/1/25(b)

     9,000        8,933  

General Mills, Inc.
4.00%, 4/17/25

     75,000        75,030  

Georgia Power Co.
2.10%, 7/30/23, Series A

     71,000        69,977  

2.20%, 9/15/24, Series A

     82,000        79,295  

Gilead Sciences, Inc.
3.50%, 2/1/25

     283,000        280,051  

Global Payments, Inc.
2.65%, 2/15/25

   68,000      64,890  

1.20%, 3/1/26

     310,000        273,631  

4.80%, 4/1/26

     43,000        43,054  

Goldman Sachs BDC, Inc.
2.88%, 1/15/26(b)

     81,000        73,275  

HCA, Inc.
5.00%, 3/15/24

     111,000        111,527  

5.25%, 4/15/25

     28,000        28,082  

5.25%, 6/15/26

     94,000        93,581  

4.50%, 2/15/27

     75,000        72,211  

Hershey Co.
3.38%, 5/15/23

     85,000        85,341  

Hewlett Packard Enterprise Co.
1.45%, 4/1/24

     81,000        78,027  

1.75%, 4/1/26

     270,000        247,020  

Home Depot, Inc.
2.13%, 9/15/26(b)

     270,000        255,709  

Honeywell International, Inc.
1.35%, 6/1/25

     56,000        52,830  

HP, Inc.
2.20%, 6/17/25

     54,000        51,046  

1.45%, 6/17/26

     50,000        44,312  

Humana, Inc.
1.35%, 2/3/27

     340,000        297,830  

Huntington Bancshares, Inc.
4.00%, 5/15/25

     9,000        8,968  

Huntington Ingalls Industries, Inc.
3.84%, 5/1/25

     250,000        244,475  

Illumina, Inc.
0.55%, 3/23/23

     49,000        47,996  

Intel Corp.
2.88%, 5/11/24

     97,000        96,741  

2.60%, 5/19/26(b)

     250,000        242,165  

International Business Machines Corp.
3.00%, 5/15/24

     100,000        99,239  

3.45%, 2/19/26

     200,000        197,564  

3.30%, 5/15/26

     200,000        195,416  

Interpublic Group of Cos., Inc.
4.20%, 4/15/24

     10,000        10,013  

Interstate Power and Light Co.
3.25%, 12/1/24

     9,000        8,907  

J.M. Smucker Co.
3.50%, 3/15/25

     57,000        56,280  

JPMorgan Chase & Co.
3.88%, 2/1/24

     71,000        71,485  

3.88%, 9/10/24

     109,000        108,821  

0.65%, 9/16/24, (0.653% fixed rate until 9/16/23; 3-month Secured Overnight Financing Rate + 0.60% thereafter)(a)

     50,000        47,998  

4.02%, 12/5/24, (4.023% fixed rate until 12/5/23; 3-month U.S. dollar London Interbank Offered Rate + 1.00% thereafter)(a)(d)

     84,000        83,739  

3.13%, 1/23/25

     38,000        37,487  

3.22%, 3/1/25, (3.22% fixed rate until 3/1/24; 3-month U.S. dollar London Interbank Offered Rate + 1.155% thereafter)(a)(d)

     359,000        352,962  

 

See Notes to Financial Statements.

 

76   WisdomTree Trust


Schedule of Investments (continued)

WisdomTree U.S. Short-Term Corporate Bond Fund (SFIG)

June 30, 2022

 

 

 

Investments    Principal
Amount
     Value  

0.82%, 6/1/25, (0.824% fixed rate until 6/1/24; Secured Overnight Financing Rate + 0.54% thereafter)(a)

   $ 200,000      $ 187,222  

3.90%, 7/15/25

     138,000        138,697  

2.01%, 3/13/26, (2.005% fixed rate until 3/13/25; 3-month Secured Overnight Financing Rate + 1.585% thereafter)(a)

     154,000        144,216  

3.30%, 4/1/26

     112,000        108,855  

2.08%, 4/22/26, (2.083% fixed rate until 4/22/25; Secured Overnight Financing Rate + 1.85% thereafter)(a)

     360,000        337,532  

3.20%, 6/15/26

     46,000        44,647  

2.95%, 10/1/26

     54,000        51,585  

1.05%, 11/19/26, (1.045% fixed rate until 11/19/25; Secured Overnight Financing Rate + 0.80% thereafter)(a)

     209,000        186,142  

4.13%, 12/15/26

     59,000        58,638  

3.96%, 1/29/27, (3.96% fixed rate until 1/29/26; 3-month U.S. dollar London Interbank Offered Rate + 1.245% thereafter)(a)(d)

     75,000        73,485  

1.04%, 2/4/27, (1.04% fixed rate until 2/4/26; 3-month Secured Overnight Financing Rate + 0.695% thereafter)(a)

     68,000        60,177  

Juniper Networks, Inc.
1.20%, 12/10/25

     48,000        43,018  

Kellogg Co.
2.65%, 12/1/23

     37,000        36,670  

Keysight Technologies, Inc.
4.55%, 10/30/24(b)

     58,000        58,920  

Kilroy Realty LP
4.38%, 10/1/25

     230,000        227,461  

KLA Corp.
4.65%, 11/1/24

     45,000        45,738  

Kraft Heinz Foods Co.
3.00%, 6/1/26

     20,000        18,907  

Kroger Co.
3.85%, 8/1/23

     80,000        80,374  

L3Harris Technologies, Inc.
3.85%, 6/15/23

     98,000        97,913  

Laboratory Corp. of America Holdings
3.60%, 2/1/25

     18,000        17,750  

Leidos, Inc.
2.95%, 5/15/23

     107,000        105,960  

Lennar Corp.
4.75%, 5/30/25

     179,000        179,797  

Lennox International, Inc.
3.00%, 11/15/23

     35,000        34,667  

Lincoln National Corp.
4.00%, 9/1/23

     74,000        74,537  

Lowe’s Cos., Inc.
2.50%, 4/15/26

     196,000        185,688  

Magallanes, Inc.
3.64%, 3/15/25(c)

     430,000        417,504  

Marriott International, Inc.
5.75%, 5/1/25, Series EE

     37,000        38,410  

3.75%, 10/1/25

     16,000        15,723  

Marsh & McLennan Cos., Inc.
3.88%, 3/15/24

   67,000      67,159  

3.50%, 3/10/25

     21,000        20,763  

Marvell Technology, Inc.
1.65%, 4/15/26

     227,000        203,717  

McCormick & Co., Inc.
0.90%, 2/15/26

     270,000        239,711  

McDonald’s Corp.
3.25%, 6/10/24(b)

     60,000        59,894  

3.38%, 5/26/25

     21,000        20,826  

3.70%, 1/30/26

     270,000        270,089  

Merck & Co., Inc.
2.80%, 5/18/23

     81,000        80,857  

Micron Technology, Inc.
4.19%, 2/15/27

     56,000        54,784  

Mid-America Apartments LP
3.75%, 6/15/24(b)

     50,000        49,851  

MidAmerican Energy Co.
3.50%, 10/15/24

     36,000        36,024  

Mondelez International, Inc.
1.50%, 5/4/25

     69,000        64,498  

Morgan Stanley

     

3.74%, 4/24/24, (3.737% fixed rate until 4/24/23; 3-month U.S. dollar London Interbank Offered Rate + 0.847% thereafter)(a)(d)

     100,000        99,738  

3.70%, 10/23/24

     417,000        416,254  

0.79%, 5/30/25, (0.79% fixed rate until 5/30/24; Secured Overnight Financing Rate + 0.525% thereafter)(a)

     50,000        46,591  

2.72%, 7/22/25, (2.72% fixed rate until 7/22/24; Secured Overnight Financing Rate + 1.152% thereafter)(a)

     293,000        282,833  

4.00%, 7/23/25

     100,000        100,059  

0.86%, 10/21/25, Series I, (0.864% fixed rate until 10/21/24; Secured Overnight Financing Rate + 0.745% thereafter)(a)

     187,000        172,642  

5.00%, 11/24/25

     131,000        133,399  

3.88%, 1/27/26

     205,000        202,317  

2.19%, 4/28/26, (2.188% fixed rate until 4/28/25; Secured Overnight Financing Rate + 1.99% thereafter)(a)

     289,000        271,229  

3.13%, 7/27/26

     99,000        94,514  

4.35%, 9/8/26

     110,000        108,982  

0.99%, 12/10/26, (0.985% fixed rate until 12/10/25; Secured Overnight Financing Rate + 0.72% thereafter)(a)

     92,000        81,633  

3.63%, 1/20/27

     114,000        110,720  

MPLX LP
4.50%, 7/15/23

     47,000        47,121  

4.00%, 2/15/25

     68,000        67,106  

National Fuel Gas Co.
5.20%, 7/15/25

     88,000        89,108  

NetApp, Inc.
3.30%, 9/29/24

     34,000        33,460  

1.88%, 6/22/25

     54,000        50,386  

NextEra Energy Capital Holdings, Inc.
1.88%, 1/15/27

     62,000        55,943  

 

See Notes to Financial Statements.

 

WisdomTree Trust      77  


Schedule of Investments (continued)

WisdomTree U.S. Short-Term Corporate Bond Fund (SFIG)

June 30, 2022

 

 

 

Investments    Principal
Amount
     Value  

Norfolk Southern Corp.
3.85%, 1/15/24

   $ 12,000      $ 12,046  

Northern States Power Co.
2.60%, 5/15/23

     54,000        53,654  

Northern Trust Corp.
3.95%, 10/30/25

     52,000        52,244  

Northrop Grumman Corp.
3.25%, 8/1/23

     130,000        130,005  

Nucor Corp.
2.00%, 6/1/25

     10,000        9,435  

Old Republic International Corp.
4.88%, 10/1/24

     67,000        68,044  

Omega Healthcare Investors, Inc.
4.38%, 8/1/23

     10,000        10,022  

4.95%, 4/1/24

     50,000        50,206  

5.25%, 1/15/26

     118,000        116,964  

Omnicom Group, Inc. / Omnicom Capital, Inc. 3.65%, 11/1/24

     36,000        35,735  

3.60%, 4/15/26

     95,000        92,444  

Oracle Corp.
3.63%, 7/15/23

     166,000        165,872  

2.95%, 11/15/24

     48,000        46,615  

2.50%, 4/1/25

     215,000        204,310  

2.95%, 5/15/25

     142,000        136,199  

1.65%, 3/25/26

     650,000        582,491  

2.65%, 7/15/26

     194,000        179,021  

Otis Worldwide Corp.
2.06%, 4/5/25

     123,000        116,495  

Owens Corning
4.20%, 12/1/24

     70,000        69,931  

Owl Rock Capital Corp.
3.75%, 7/22/25

     30,000        27,823  

3.40%, 7/15/26

     216,000        190,592  

Packaging Corp. of America
3.65%, 9/15/24

     9,000        8,945  

Paramount Global
4.75%, 5/15/25

     63,000        63,680  

Parker-Hannifin Corp.
2.70%, 6/14/24

     67,000        65,527  

PECO Energy Co.
3.15%, 10/15/25

     9,000        8,877  

PepsiCo, Inc.
3.50%, 7/17/25

     18,000        18,090  

2.85%, 2/24/26

     18,000        17,696  

PerkinElmer, Inc.
0.85%, 9/15/24

     270,000        250,719  

Pfizer, Inc.
3.40%, 5/15/24

     75,000        75,448  

Philip Morris International, Inc.
3.25%, 11/10/24

     67,000        66,209  

1.50%, 5/1/25

     79,000        74,010  

0.88%, 5/1/26

     260,000        230,441  

Phillips 66
3.61%, 2/15/25(c)

     57,000        56,406  

Pioneer Natural Resources Co.
0.55%, 5/15/23

     16,000        15,601  

PNC Bank NA
2.50%, 8/27/24

     162,000        157,931  

PNC Financial Services Group, Inc.
3.50%, 1/23/24

   30,000      30,019  

Procter & Gamble Co.
0.55%, 10/29/25

     10,000        9,211  

Public Service Electric and Gas Co.
3.00%, 5/15/25(b)

     33,000        32,373  

0.95%, 3/15/26

     10,000        9,090  

Public Service Enterprise Group, Inc.
2.88%, 6/15/24

     82,000        80,385  

0.80%, 8/15/25

     36,000        32,592  

QUALCOMM, Inc.
3.45%, 5/20/25(b)

     93,000        92,999  

Ralph Lauren Corp.
3.75%, 9/15/25

     36,000        35,900  

Raytheon Technologies Corp.
3.95%, 8/16/25

     124,000        124,578  

Realty Income Corp.
3.88%, 4/15/25

     24,000        23,933  

4.13%, 10/15/26

     120,000        119,543  

Reliance Steel & Aluminum Co.
4.50%, 4/15/23

     35,000        35,118  

Republic Services, Inc.
0.88%, 11/15/25

     65,000        58,731  

Roper Technologies, Inc.
3.65%, 9/15/23

     73,000        73,111  

1.00%, 9/15/25

     16,000        14,476  

Royalty Pharma PLC
1.20%, 9/2/25

     26,000        23,300  

S&P Global, Inc.
2.95%, 1/22/27(b)

     50,000        48,130  

Salesforce, Inc.
3.25%, 4/11/23

     35,000        35,100  

Sherwin-Williams Co.
3.13%, 6/1/24(b)

     9,000        8,935  

SITE Centers Corp.
4.25%, 2/1/26

     190,000        186,470  

Southern Co.
3.25%, 7/1/26

     177,000        169,872  

Southern Co. Gas Capital Corp.
3.25%, 6/15/26(b)

     180,000        173,081  

Southwest Airlines Co.
5.25%, 5/4/25

     70,000        71,487  

Southwestern Electric Power Co.
1.65%, 3/15/26, Series N

     121,000        110,406  

Starbucks Corp.
3.85%, 10/1/23

     17,000        17,138  

State Street Corp.
3.70%, 11/20/23

     28,000        28,234  

3.55%, 8/18/25(b)

     79,000        78,657  

Stifel Financial Corp.
4.25%, 7/18/24

     7,000        7,032  

Stryker Corp.
3.38%, 5/15/24(b)

     24,000        23,883  

Synchrony Financial
4.25%, 8/15/24

     162,000        161,297  

3.70%, 8/4/26

     228,000        211,411  

 

See Notes to Financial Statements.

 

78   WisdomTree Trust


Schedule of Investments (continued)

WisdomTree U.S. Short-Term Corporate Bond Fund (SFIG)

June 30, 2022

 

 

 

Investments    Principal
Amount
     Value  

Target Corp.
2.25%, 4/15/25

   $ 54,000      $ 52,199  

TCI Communications, Inc.
7.88%, 2/15/26

     180,000        202,468  

TD SYNNEX Corp.
1.75%, 8/9/26(c)

     125,000        110,407  

Textron, Inc.
4.30%, 3/1/24

     77,000        77,403  

TJX Cos., Inc.
2.50%, 5/15/23

     42,000        41,787  

Toyota Motor Credit Corp.
2.00%, 10/7/24

     27,000        26,127  

3.00%, 4/1/25

     221,000        217,468  

0.80%, 10/16/25

     360,000        327,856  

Truist Bank
3.20%, 4/1/24

     46,000        45,833  

Truist Financial Corp.
2.50%, 8/1/24

     65,000        63,482  

4.00%, 5/1/25

     54,000        54,147  

3.70%, 6/5/25(b)

     101,000        100,648  

1.20%, 8/5/25

     82,000        75,536  

TWDC Enterprises 18 Corp.
3.15%, 9/17/25

     80,000        78,790  

1.85%, 7/30/26

     320,000        295,946  

Tyson Foods, Inc.
3.95%, 8/15/24

     14,000        13,989  

4.00%, 3/1/26

     45,000        44,688  

U.S. Bancorp
3.95%, 11/17/25

     23,000        23,132  

Union Electric Co.
3.50%, 4/15/24

     94,000        94,126  

Union Pacific Corp.
3.50%, 6/8/23

     80,000        79,986  

3.15%, 3/1/24(b)

     54,000        53,677  

United Parcel Service, Inc.
2.50%, 4/1/23

     83,000        82,919  

UnitedHealth Group, Inc.
3.50%, 6/15/23

     130,000        130,450  

2.38%, 8/15/24

     104,000        102,032  

Universal Health Services, Inc.
1.65%, 9/1/26(c)

     260,000        225,597  

Valero Energy Corp.
2.85%, 4/15/25

     90,000        87,060  

3.40%, 9/15/26

     230,000        221,897  

Verizon Communications, Inc.
3.50%, 11/1/24

     140,000        139,849  

3.38%, 2/15/25

     46,000        45,720  

1.45%, 3/20/26

     106,000        97,099  

2.63%, 8/15/26

     101,000        95,540  

1.68%, 10/30/30

     100,000        80,563  

VF Corp.
2.40%, 4/23/25

     34,000        32,689  

Virginia Electric and Power Co.
3.45%, 2/15/24(b)

     92,000        91,897  

VMware, Inc.
1.40%, 8/15/26

     342,000        302,974  

Vornado Realty LP
2.15%, 6/1/26

     82,000        73,098  

Walgreens Boots Alliance, Inc.
3.45%, 6/1/26

   76,000      73,963  

Walt Disney Co.
3.35%, 3/24/25

     46,000        45,660  

WEC Energy Group, Inc.
0.80%, 3/15/24

     10,000        9,513  

3.55%, 6/15/25

     26,000        25,615  

Wells Fargo & Co.
4.48%, 1/16/24

     200,000        202,436  

3.75%, 1/24/24

     233,000        233,485  

3.30%, 9/9/24

     146,000        144,349  

3.00%, 2/19/25

     86,000        84,147  

3.55%, 9/29/25

     138,000        135,618  

2.41%, 10/30/25, (2.406% fixed rate until 10/30/24; Secured Overnight Financing Rate + 1.087% thereafter)(a)

     145,000        138,371  

2.16%, 2/11/26, (2.164% fixed rate until 2/11/25; 3-month U.S. dollar London Interbank Offered Rate + 0.75% thereafter)(a)(d)

     100,000        94,187  

2.19%, 4/30/26, (2.188% fixed rate until 4/30/25; Secured Overnight Financing Rate + 2.00% thereafter)(a)

     192,000        180,117  

3.00%, 10/23/26

     135,000        127,497  

Western Union Co.
2.85%, 1/10/25

     57,000        54,792  

Whirlpool Corp.
3.70%, 5/1/25

     41,000        40,955  

WRKCo, Inc.
3.75%, 3/15/25(b)

     89,000        88,161  

Xcel Energy, Inc.
3.30%, 6/1/25

     14,000        13,764  

Xilinx, Inc.
2.95%, 6/1/24(b)

     30,000        29,800  

TOTAL U.S. CORPORATE BONDS

(Cost: $42,000,229)

              40,233,503  
FOREIGN CORPORATE BONDS – 4.5%

 

Germany – 1.7%

 

Deutsche Bank AG
0.90%, 5/28/24

     50,000        46,940  

3.70%, 5/30/24(b)

     100,000        98,605  

3.96%, 11/26/25, (3.961% fixed rate until 11/26/24; Secured Overnight Financing Rate + 2.581% thereafter)(a)

     150,000        145,417  

4.10%, 1/13/26(b)

     129,000        127,764  

1.69%, 3/19/26

     200,000        179,484  

2.13%, 11/24/26, (2.129% fixed rate until 11/24/25; Secured Overnight Financing Rate + 1.87% thereafter)(a)

     150,000        133,575  
     

 

 

 
Total Germany               731,785  
Switzerland – 0.5%      

Novartis Capital Corp.
2.00%, 2/14/27

     250,000        232,863  
United Kingdom – 2.3%      

Astrazeneca Finance LLC
1.20%, 5/28/26

     280,000        253,212  

 

See Notes to Financial Statements.

 

WisdomTree Trust      79  


Schedule of Investments (concluded)

WisdomTree U.S. Short-Term Corporate Bond Fund (SFIG)

June 30, 2022

 

 

 

Investments    Principal
Amount
     Value  

BAT Capital Corp.
3.22%, 8/15/24

   $ 235,000      $ 228,857  

2.79%, 9/6/24

     50,000        48,312  

3.22%, 9/6/26

     62,000        57,920  

GlaxoSmithKline Capital, Inc.
3.38%, 5/15/23(b)

     56,000        56,267  

Reynolds American, Inc.
4.85%, 9/15/23

     107,000        108,082  

4.45%, 6/12/25

     137,000        136,522  

Unilever Capital Corp.
2.00%, 7/28/26

     100,000        94,248  
     

 

 

 
Total United Kingdom               983,420  

TOTAL FOREIGN CORPORATE BONDS

(Cost: $2,034,977)

              1,948,068  
U.S. GOVERNMENT OBLIGATIONS – 0.1%

 

U.S. Treasury Note – 0.1%

 

U.S. Treasury Note
2.63%, 5/31/27

     
(Cost: $29,572)      30,000        29,436  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.3%

 

United States – 3.3%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 1.56%(e)

     
(Cost: $1,408,510)      1,408,510      1,408,510  

TOTAL INVESTMENTS IN SECURITIES – 102.0%

(Cost: $45,473,288)

 

 

     43,619,517  

Other Assets less Liabilities – (2.0)%

 

     (862,708
     

 

 

 
NET ASSETS – 100.0%

 

   $ 42,756,809  
(a)

Rate shown reflects the accrual rate as of June 30, 2022 on securities with variable or step rates.

(b) 

Security, or portion thereof, was on loan at June 30, 2022 (See Note 2). At June 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $1,661,467 and the total market value of the collateral held by the Fund was $1,708,467. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $299,957.

 

(c) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

(d) 

The London Interbank Offered Rate (“LIBOR”) is being phased out completely by June 30, 2023. There remains uncertainty regarding the nature of any replacement rate and the impact of a transition away from LIBOR on the Fund’s investments.

 

(e) 

Rate shown represents annualized 7-day yield as of June 30, 2022.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of June 30, 2022 in valuing the Fund’s investments (See Note 2 – Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

U.S. Corporate Bonds

   $      $ 40,233,503      $      $ 40,233,503  

Foreign Corporate Bonds

            1,948,068               1,948,068  

U.S. Government Obligations

            29,436               29,436  

Investment of Cash Collateral for Securities Loaned

            1,408,510               1,408,510  

Total Investments in Securities

   $      $ 43,619,517      $      $ 43,619,517  

 

See Notes to Financial Statements.

 

80   WisdomTree Trust


Schedule of Investments

WisdomTree Emerging Markets Efficient Core Fund (NTSE)

June 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 87.5%      
Brazil – 3.5%

 

Ambev SA

     34,603      $ 88,667  

B3 SA – Brasil Bolsa Balcao

     54,489        114,199  

Banco Santander Brasil SA

     3,387        18,660  

CCR SA

     10,168        24,363  

Centrais Eletricas Brasileiras SA

     3,387        29,923  

Cosan SA

     10,168        35,388  

Equatorial Energia SA

     6,774        29,586  

Getnet Adquirencia e Servicos para Meios de Pagamento SA

     859        703  

Hapvida Participacoes e Investimentos SA(a)

     37,818        39,558  

JBS SA

     10,168        61,423  

Klabin SA

     6,774        26,166  

Localiza Rent a Car SA

     3,693        37,012  

Lojas Renner SA

     11,743        50,794  

Magazine Luiza SA

     33,884        15,162  

Natura & Co. Holding SA

     5,096        13,077  

Raia Drogasil SA

     1,256        4,611  

Rumo SA

     10,168        31,052  

Suzano SA

     6,774        64,366  

Telefonica Brasil SA

     5,537        49,828  

Vale SA

     27,150        397,480  

Via SA*

     10,168        3,733  

Vibra Energia SA

     6,774        21,645  

WEG SA

     11,140        56,345  
     

 

 

 
Total Brazil               1,213,741  
Chile – 0.5%

 

Banco de Chile

     384,362        34,257  

Banco de Credito e Inversiones SA

     583        16,716  

Banco Santander Chile

     623,695        24,665  

Cencosud SA

     22,088        27,537  

Empresas CMPC SA

     2,849        4,638  

Empresas COPEC SA

     3,028        21,881  

Enel Americas SA

     293,398        27,277  

Falabella SA

     4,350        9,983  
     

 

 

 
Total Chile               166,954  
China – 31.4%

 

Agricultural Bank of China Ltd., Class H

     257,000        96,945  

Airtac International Group

     1,000        33,329  

Alibaba Group Holding Ltd.*

     95,500        1,361,860  

Anhui Conch Cement Co. Ltd., Class H

     10,500        45,495  

ANTA Sports Products Ltd.

     8,200        100,737  

Baidu, Inc., ADR*

     1,715        255,072  

Bank of China Ltd., Class H

     476,000        189,867  

Bank of Communications Co. Ltd., Class H

     114,000        78,741  

BeiGene Ltd., ADR*

     289        46,775  

Bilibili, Inc., ADR*

     222        5,683  

BYD Co. Ltd., Class H

     4,000        160,062  

China Conch Venture Holdings Ltd.

     15,500        33,777  

China Construction Bank Corp., Class H

     600,000        402,959  

China Everbright Bank Co. Ltd., Class H

     45,000        14,566  

China International Capital Corp. Ltd., Class H(a)

     18,000        38,354  

China Life Insurance Co. Ltd., Class H

     45,000      78,336  

China Longyuan Power Group Corp. Ltd., Class H

     18,000        34,775  

China Mengniu Dairy Co. Ltd.*

     24,000        119,741  

China Merchants Bank Co. Ltd., Class H

     35,500        237,513  

China Minsheng Banking Corp. Ltd., Class H

     22,500        8,029  

China Overseas Land & Investment Ltd.

     28,000        88,493  

China Pacific Insurance Group Co. Ltd., Class H

     30,000        73,328  

China Petroleum & Chemical Corp., Class H

     144,000        64,779  

China Resources Land Ltd.

     16,000        74,628  

China Shenhua Energy Co. Ltd., Class H

     32,000        91,755  

China Taiping Insurance Holdings Co. Ltd.

     13,800        17,024  

China Tower Corp. Ltd., Class H(a)

     276,000        35,525  

China Yangtze Power Co. Ltd., Class A

     18,300        63,109  

CITIC Ltd.

     62,000        62,814  

CITIC Securities Co. Ltd., Class H

     27,500        61,470  

CMOC Group Ltd., Class H

     12,000        6,698  

Contemporary Amperex Technology Co. Ltd., Class A

     400        31,861  

COSCO Shipping Holdings Co. Ltd., Class H*

     33,800        47,209  

Country Garden Holdings Co. Ltd.

     103,000        63,793  

Country Garden Services Holdings Co. Ltd.

     8,000        35,632  

CSPC Pharmaceutical Group Ltd.

     84,000        83,390  

Daqo New Energy Corp., ADR*

     620        44,256  

ENN Energy Holdings Ltd.

     6,300        103,489  

Foshan Haitian Flavouring & Food Co. Ltd., Class A

     2,440        32,887  

Fosun International Ltd.

     10,000        9,239  

Fuyao Glass Industry Group Co. Ltd., Class H(a)

     6,800        34,490  

GDS Holdings Ltd., ADR*

     612        43,777  

Geely Automobile Holdings Ltd.

     43,000        97,760  

GF Securities Co. Ltd., Class H

     27,600        36,509  

Great Wall Motor Co. Ltd., Class H

     20,500        42,165  

Haier Smart Home Co. Ltd., Class H

     16,200        59,974  

Haitong Securities Co. Ltd., Class H

     27,600        20,260  

Hangzhou Tigermed Consulting Co. Ltd., Class H(a)

     1,100        12,715  

Huatai Securities Co. Ltd., Class H(a)

     22,800        33,821  

Huazhu Group Ltd., ADR

     1,503        57,264  

Industrial & Commercial Bank of China Ltd., Class H

     403,000        239,326  

iQIYI, Inc., ADR*

     1,707        7,169  

JD Health International, Inc.*(a)

     3,450        27,061  

JD.com, Inc., ADR

     5,600        359,632  

JD.com, Inc., Class A*

     1,738        55,992  

JOYY, Inc., ADR

     620        18,513  

Kingdee International Software Group Co. Ltd.*

     4,000        9,379  

Kweichow Moutai Co. Ltd., Class A

     300        91,510  

Lenovo Group Ltd.

     60,000        56,047  

Li Auto, Inc., ADR*

     1,736        66,506  

Li Ning Co. Ltd.

     14,000        129,706  

Longfor Group Holdings Ltd.(a)

     13,000        61,381  

LONGi Green Energy Technology Co. Ltd., Class A

     3,172        31,525  

Luzhou Laojiao Co. Ltd., Class A

     1,100        40,451  

Meituan, Class B*(a)

     23,200        574,165  

NetEase, Inc., ADR

     2,856        266,636  

New China Life Insurance Co. Ltd., Class H

     11,400        32,034  

NIO, Inc., ADR*

     8,659        188,074  

People’s Insurance Co. Group of China Ltd., Class H

     69,000        21,104  

 

See Notes to Financial Statements.

 

WisdomTree Trust      81  


Schedule of Investments (continued)

WisdomTree Emerging Markets Efficient Core Fund (NTSE)

June 30, 2022

 

 

 

Investments    Shares      Value  

PetroChina Co. Ltd., Class H

     140,000      $ 66,727  

PICC Property & Casualty Co. Ltd., Class H

     64,000        66,553  

Pinduoduo, Inc., ADR*

     2,780        171,804  

Ping An Bank Co. Ltd., Class A*

     17,600        39,326  

Ping An Healthcare and Technology Co. Ltd.*(a)

     4,500        13,333  

Ping An Insurance Group Co. of China Ltd., Class H

     40,000        271,953  

Postal Savings Bank of China Co. Ltd., Class H(a)

     97,000        77,012  

SF Holding Co. Ltd., Class A

     5,600        46,618  

Shenzhou International Group Holdings Ltd.

     5,700        69,044  

Shimao Group Holdings Ltd.

     9,500        2,724  

Smoore International Holdings Ltd.(a)

     5,000        15,420  

Sunac China Holdings Ltd.

     19,000        4,843  

Sunny Optical Technology Group Co. Ltd.

     5,000        81,497  

Tencent Holdings Ltd.

     35,700        1,612,356  

Tencent Music Entertainment Group, ADR*

     3,932        19,739  

Trip.com Group Ltd., ADR*

     3,614        99,204  

Want Want China Holdings Ltd.

     53,000        46,064  

Weibo Corp., ADR*

     839        19,406  

Weichai Power Co. Ltd., Class H

     16,000        25,406  

Wuliangye Yibin Co. Ltd., Class A

     2,600        78,312  

WuXi AppTec Co. Ltd., Class H(a)

     2,940        39,153  

Wuxi Biologics Cayman, Inc.*(a)

     22,500        205,876  

Xiaomi Corp., Class B*(a)

     101,200        175,911  

Xinyi Solar Holdings Ltd.

     38,026        58,733  

XPeng, Inc., ADR*

     1,337        42,436  

Yum China Holdings, Inc.

     2,321        112,569  

Zai Lab Ltd., ADR*

     741        25,698  

Zijin Mining Group Co. Ltd., Class H

     40,000        48,987  

Zoomlion Heavy Industry Science and Technology Co. Ltd., Class H

     40,000        21,359  

ZTE Corp., Class H

     14,000        32,614  

ZTO Express Cayman, Inc., ADR

     2,046        56,163  
     

 

 

 
Total China

 

     10,795,781  
Czech Republic – 0.2%

 

CEZ AS

     1,343        60,338  
Hungary – 0.2%

 

MOL Hungarian Oil & Gas PLC

     407        3,129  

OTP Bank Nyrt

     1,255        27,849  

Richter Gedeon Nyrt

     1,482        26,669  
     

 

 

 
Total Hungary

 

     57,647  
India – 12.9%

 

Adani Green Energy Ltd.*

     2,064        50,431  

Adani Ports & Special Economic Zone Ltd.

     5,084        43,264  

Ambuja Cements Ltd.

     8,434        38,767  

Apollo Hospitals Enterprise Ltd.

     760        35,449  

Asian Paints Ltd.

     2,068        70,577  

Aurobindo Pharma Ltd.

     2,369        15,392  

Avenue Supermarts Ltd.*(a)

     1,472        63,488  

Axis Bank Ltd.*

     14,539        117,236  

Bajaj Finance Ltd.

     1,809        123,708  

Bandhan Bank Ltd.(a)

     9,678        32,292  

Bharti Airtel Ltd.*

     16,391        142,164  

Britannia Industries Ltd.

     449      19,708  

Cipla Ltd.

     2,035        23,635  

Divi’s Laboratories Ltd.

     736        33,834  

Dr. Reddy’s Laboratories Ltd.

     773        43,007  

GAIL India Ltd.

     3,625        6,206  

Godrej Consumer Products Ltd.*

     3,387        32,490  

Grasim Industries Ltd.

     2,640        44,152  

HCL Technologies Ltd.

     7,633        94,068  

HDFC Life Insurance Co. Ltd.(a)

     1,586        11,046  

Hindalco Industries Ltd.

     13,555        58,127  

Hindustan Unilever Ltd.

     5,280        149,135  

Housing Development Finance Corp. Ltd.

     10,555        290,143  

ICICI Bank Ltd.

     32,714        292,954  

ICICI Lombard General Insurance Co. Ltd.(a)

     171        2,427  

Infosys Ltd.

     22,221        411,344  

ITC Ltd.

     31,419        108,811  

JSW Steel Ltd.

     8,471        60,551  

Kotak Mahindra Bank Ltd.

     2,858        60,115  

Larsen & Toubro Ltd.

     5,215        102,900  

Lupin Ltd.

     1,999        15,465  

Mahindra & Mahindra Ltd.

     6,414        88,784  

Marico Ltd.

     3,387        20,496  

Maruti Suzuki India Ltd.

     892        95,678  

NTPC Ltd.

     24,833        44,935  

Oil & Natural Gas Corp. Ltd.

     15,626        29,987  

Power Grid Corp. of India Ltd.

     20,567        55,186  

Reliance Industries Ltd.*

     18,320        602,138  

Samvardhana Motherson International Ltd.

     7,827        11,710  

SBI Life Insurance Co. Ltd.(a)

     2,986        40,896  

Shriram Transport Finance Co. Ltd.

     2,271        36,848  

State Bank of India

     10,562        62,311  

Sun Pharmaceutical Industries Ltd.

     7,800        82,037  

Tata Consultancy Services Ltd.

     5,899        244,042  

Tata Consumer Products Ltd.

     5,084        45,473  

Tata Motors Ltd.*

     12,362        64,461  

Tata Steel Ltd.

     4,003        43,949  

Tech Mahindra Ltd.

     5,084        64,377  

Titan Co. Ltd.

     1,697        41,714  

UltraTech Cement Ltd.

     848        60,211  

UPL Ltd.

     2,011        16,104  

Vedanta Ltd.

     15,206        42,938  

Wipro Ltd.

     6,774        35,687  
     

 

 

 
Total India

 

     4,422,848  
Indonesia – 1.7%

 

Astra International Tbk PT

     186,200        82,804  

Bank Central Asia Tbk PT

     333,500        162,301  

Bank Mandiri Persero Tbk PT

     180,400        95,967  

Bank Rakyat Indonesia Persero Tbk PT

     376,500        104,882  

Charoen Pokphand Indonesia Tbk PT

     95,300        38,382  

Telkom Indonesia Persero Tbk PT

     293,600        78,832  

Unilever Indonesia Tbk PT

     105,900        33,908  
     

 

 

 
Total Indonesia

 

     597,076  

 

See Notes to Financial Statements.

 

82   WisdomTree Trust


Schedule of Investments (continued)

WisdomTree Emerging Markets Efficient Core Fund (NTSE)

June 30, 2022

 

 

 

Investments    Shares      Value  
Luxembourg – 0.1%

 

Reinet Investments SCA

     1,152      $ 20,097  
Malaysia – 1.1%

 

CIMB Group Holdings Bhd

     60,743        68,358  

Dialog Group Bhd

     20,000        9,665  

Hartalega Holdings Bhd

     20,000        13,886  

Hong Leong Bank Bhd

     4,500        20,890  

IHH Healthcare Bhd

     28,800        42,146  

Malayan Banking Bhd

     3,150        6,139  

Petronas Chemicals Group Bhd

     24,500        50,028  

Petronas Gas Bhd

     12,200        45,506  

Press Metal Aluminium Holdings Bhd

     29,200        31,535  

Public Bank Bhd

     78,800        78,130  

Tenaga Nasional Bhd

     11,400        20,640  

Top Glove Corp. Bhd

     19,500        4,601  
     

 

 

 
Total Malaysia

 

     391,524  
Mexico – 2.6%

 

America Movil SAB de CV, Series L

     238,729        243,157  

Cemex SAB de CV, Series CPO*

     93,884        36,435  

Fibra Uno Administracion SA de CV

     23,716        23,545  

Fomento Economico Mexicano SAB de CV

     14,826        99,762  

Grupo Aeroportuario del Pacifico SAB de CV, Class B

     2,243        31,139  

Grupo Aeroportuario del Sureste SAB de CV, Class B

     2,035        39,864  

Grupo Bimbo SAB de CV, Series A

     16,942        54,893  

Grupo Financiero Banorte SAB de CV, Class O

     17,787        98,889  

Grupo Mexico SAB de CV, Series B

     18,632        76,899  

Grupo Televisa SAB, Series CPO

     20,329        33,261  

Wal-Mart de Mexico SAB de CV

     43,200        148,448  
     

 

 

 
Total Mexico

 

     886,292  
Philippines – 0.6%

 

AC Energy Corp.

     8,730        1,277  

Ayala Corp.

     2,910        31,754  

Ayala Land, Inc.

     109,800        50,922  

Bank of the Philippine Islands

     16,630        25,647  

BDO Unibank, Inc.

     16,140        32,436  

JG Summit Holdings, Inc.

     29,370        26,013  

SM Investments Corp.

     20        284  

SM Prime Holdings, Inc.

     67,400        44,803  
     

 

 

 
Total Philippines

 

     213,136  
Poland – 0.5%

 

Allegro.eu SA*(a)

     2,582        13,694  

Bank Polska Kasa Opieki SA

     1,733        31,431  

CD Projekt SA

     476        10,130  

Dino Polska SA*(a)

     74        5,251  

KGHM Polska Miedz SA

     1,389        36,734  

Polski Koncern Naftowy Orlen SA

     2,211        33,697  

Powszechna Kasa Oszczednosci Bank Polski SA*

     3,213        20,011  

Powszechny Zaklad Ubezpieczen SA

     5,305        35,376  
     

 

 

 
Total Poland

 

     186,324  
Russia – 0.0%

 

Gazprom PJSC, ADR

     49,510      0  

Lukoil PJSC, ADR

     2,998        0  

Magnit PJSC, GDR(b)

     4,515        0  

MMC Norilsk Nickel PJSC, ADR

     3,678        0  

Mobile TeleSystems PJSC, ADR

     2,887        0  

Novatek PJSC, GDR(b)

     696        0  

Novolipetsk Steel PJSC, GDR

     1,290        0  

Polymetal International PLC

     2,011        4,421  

Polyus PJSC, GDR(b)

     652        0  

Rosneft Oil Co. PJSC, GDR(b)

     4,594        0  

Sberbank of Russia PJSC, ADR*

     21,191        0  

Severstal PAO, GDR(b)

     2,080        0  

Surgutneftegas PJSC, ADR

     11,296        0  

Tatneft PJSC, ADR

     2,035        0  

TCS Group Holding PLC, GDR*(b)

     430        0  

X5 Retail Group NV, GDR(b)

     1,673        0  

Yandex NV, Class A*

     2,324        0  
     

 

 

 
Total Russia               4,421  
South Africa – 4.9%      

Absa Group Ltd.

     6,367        60,085  

Anglo American Platinum Ltd.

     580        50,450  

AngloGold Ashanti Ltd.

     3,725        55,714  

Aspen Pharmacare Holdings Ltd.

     4,384        37,207  

Bid Corp. Ltd.

     1,651        30,920  

Bidvest Group Ltd.

     2,849        36,449  

Capitec Bank Holdings Ltd.

     387        46,823  

Clicks Group Ltd.

     654        10,911  

Discovery Ltd.*

     3,908        30,558  

Exxaro Resources Ltd.

     1,604        19,404  

FirstRand Ltd.

     23,737        90,369  

Gold Fields Ltd.

     5,662        52,879  

Growthpoint Properties Ltd.

     34,967        26,360  

Impala Platinum Holdings Ltd.

     4,096        45,289  

Mr. Price Group Ltd.

     2,756        29,839  

MTN Group Ltd.

     12,112        97,621  

MultiChoice Group

     3,363        23,773  

Naspers Ltd., Class N

     3,049        440,664  

Nedbank Group Ltd.

     4,246        53,717  

Northam Platinum Holdings Ltd.*

     4,270        44,646  

Old Mutual Ltd.

     49,919        33,609  

Remgro Ltd.

     5,015        39,768  

Sanlam Ltd.

     14,431        46,572  

Sasol Ltd.*

     4,424        100,370  

Shoprite Holdings Ltd.

     5,456        65,902  

Sibanye Stillwater Ltd.

     6,343        15,747  

Standard Bank Group Ltd.

     3,220        30,499  

Vodacom Group Ltd.

     5,391        43,151  

Woolworths Holdings Ltd.

     9,192        30,439  
     

 

 

 
Total South Africa               1,689,735  
South Korea – 10.5%      

Amorepacific Corp.

     314        31,439  

Celltrion Healthcare Co. Ltd.

     636        33,602  

 

See Notes to Financial Statements.

 

WisdomTree Trust      83  


Schedule of Investments (continued)

WisdomTree Emerging Markets Efficient Core Fund (NTSE)

June 30, 2022

 

 

 

Investments    Shares      Value  

Celltrion, Inc.

     553      $ 76,025  

CJ CheilJedang Corp.

     45        13,135  

Coway Co. Ltd.

     287        14,124  

E-Mart, Inc.

     114        9,263  

Hana Financial Group, Inc.

     1,873        56,764  

Hankook Tire & Technology Co. Ltd.

     591        14,998  

Hanon Systems

     1,511        11,696  

Hanwha Solutions Corp.*

     990        28,898  

HLB, Inc.*

     790        21,539  

Hyundai Engineering & Construction Co. Ltd.

     814        25,923  

Hyundai Glovis Co. Ltd.

     114        15,760  

Hyundai Motor Co.

     981        136,376  

Hyundai Steel Co.

     476        11,768  

Kakao Corp.

     194        10,444  

KB Financial Group, Inc.

     1,993        73,909  

Kia Corp.

     1,567        93,291  

Korea Electric Power Corp.*

     1,535        26,659  

Korea Investment Holdings Co. Ltd.

     306        14,541  

Korea Shipbuilding & Offshore Engineering Co. Ltd.*

     407        29,434  

Korean Air Lines Co. Ltd.*

     1,059        20,554  

KT&G Corp.

     545        34,503  

Kumho Petrochemical Co. Ltd.

     176        18,842  

LG Chem Ltd.

     297        118,031  

LG Display Co. Ltd.

     2,473        27,713  

LG Electronics, Inc.

     581        39,512  

LG H&H Co. Ltd.

     48        25,139  

Lotte Chemical Corp.

     69        9,566  

NAVER Corp.

     669        123,660  

NCSoft Corp.

     111        29,879  

Orion Corp.

     158        12,655  

POSCO Chemical Co. Ltd.

     190        15,658  

POSCO Holdings, Inc.

     366        64,974  

S-Oil Corp.

     389        31,158  

Samsung Biologics Co. Ltd.*(a)

     98        59,627  

Samsung Electro-Mechanics Co. Ltd.

     461        46,334  

Samsung Electronics Co. Ltd.

     33,909        1,488,611  

Samsung Fire & Marine Insurance Co. Ltd.

     176        27,246  

Samsung Heavy Industries Co. Ltd.*

     3,656        17,092  

Samsung Life Insurance Co. Ltd.

     306        14,753  

Samsung SDI Co. Ltd.

     345        141,359  

Samsung SDS Co. Ltd.

     192        19,224  

Shinhan Financial Group Co. Ltd.

     2,711        77,359  

SK Hynix, Inc.

     3,536        247,825  

SK Innovation Co. Ltd.*

     289        42,736  

SK Square Co. Ltd.*

     136        4,090  

SK Telecom Co. Ltd.

     475        19,023  

SK, Inc.

     314        51,995  

Yuhan Corp.

     315        13,586  
     

 

 

 
Total South Korea               3,592,292  
Taiwan – 14.6%      

Acer, Inc.

     43,000        31,382  

ASE Technology Holding Co. Ltd.

     26,000        66,807  

Asia Cement Corp.

     4,000        5,892  

AUO Corp.

     41,000        22,476  

Cathay Financial Holding Co. Ltd.

     53,000      90,729  

Chang Hwa Commercial Bank Ltd.

     15,030        8,770  

Cheng Shin Rubber Industry Co. Ltd.

     12,000        14,287  

China Development Financial Holding Corp.

     88,000        43,507  

China Steel Corp.

     78,000        74,633  

Chunghwa Telecom Co. Ltd.

     24,000        98,475  

Compal Electronics, Inc.

     45,000        34,431  

CTBC Financial Holding Co. Ltd.

     141,000        119,027  

Delta Electronics, Inc.

     8,000        59,596  

E.Sun Financial Holding Co. Ltd.

     96,305        93,929  

Evergreen Marine Corp. Taiwan Ltd.

     9,000        25,608  

Far EasTone Telecommunications Co. Ltd.

     8,000        22,493  

First Financial Holding Co. Ltd.

     69,040        60,835  

Formosa Chemicals & Fibre Corp.

     23,000        57,783  

Formosa Petrochemical Corp.

     8,000        25,238  

Formosa Plastics Corp.

     26,000        94,876  

Fubon Financial Holding Co. Ltd.

     46,276        93,070  

Giant Manufacturing Co. Ltd.

     1,000        8,072  

Hon Hai Precision Industry Co. Ltd.

     80,000        293,272  

Hua Nan Financial Holdings Co. Ltd.

     115,105        87,490  

Innolux Corp.

     40,000        16,278  

Largan Precision Co. Ltd.

     1,000        58,015  

Lite-On Technology Corp.

     23,000        44,788  

MediaTek, Inc.

     9,000        197,050  

Mega Financial Holding Co. Ltd.

     90,000        106,849  

Nan Ya Plastics Corp.

     43,000        120,033  

Nanya Technology Corp.

     12,000        19,937  

Novatek Microelectronics Corp.

     1,000        10,157  

Quanta Computer, Inc.

     32,000        85,883  

SinoPac Financial Holdings Co. Ltd.

     114,000        64,412  

Taishin Financial Holding Co. Ltd.

     69,090        37,875  

Taiwan Cement Corp.

     30,000        39,854  

Taiwan Cooperative Financial Holding Co. Ltd.

     59,100        53,369  

Taiwan Mobile Co. Ltd.

     14,000        50,852  

Taiwan Semiconductor Manufacturing Co. Ltd.

     143,000        2,289,270  

Uni-President Enterprises Corp.

     45,000        101,401  

Unimicron Technology Corp.

     4,000        21,323  

United Microelectronics Corp.

     77,000        101,386  

Winbond Electronics Corp.

     31,000        22,624  

Yuanta Financial Holding Co. Ltd.

     71,000        47,041  
     

 

 

 
Total Taiwan               5,021,075  
Thailand – 2.1%      

Advanced Info Service PCL, NVDR

     11,400        62,715  

Airports of Thailand PCL, NVDR*

     26,000        52,213  

Bangkok Dusit Medical Services PCL, NVDR

     47,500        33,588  

Central Pattana PCL, NVDR

     31,400        54,176  

Charoen Pokphand Foods PCL, NVDR

     40,700        29,931  

CP ALL PCL, NVDR

     26,900        45,651  

Delta Electronics Thailand PCL, NVDR

     2,000        18,837  

Energy Absolute PCL, NVDR

     21,000        48,409  

Gulf Energy Development PCL, NVDR

     9,100        11,969  

Home Product Center PCL, NVDR

     65,200        23,421  

Intouch Holdings PCL, NVDR

     5,600        10,850  

Kasikornbank PCL, NVDR

     8,400        35,757  

 

See Notes to Financial Statements.

 

84   WisdomTree Trust


Schedule of Investments (continued)

WisdomTree Emerging Markets Efficient Core Fund (NTSE)

June 30, 2022

 

 

 

Investments    Shares      Value  

Minor International PCL, NVDR*

     33,800      $ 32,505  

PTT Exploration & Production PCL, NVDR

     6,900        31,128  

PTT Global Chemical PCL, NVDR

     17,600        22,650  

PTT Oil & Retail Business PCL, NVDR

     47,600        34,332  

PTT PCL, NVDR

     88,300        84,916  

SCB X PCL

     3,500        10,296  

Siam Cement PCL, NVDR

     6,900        72,991  
     

 

 

 
Total Thailand               716,335  
Turkey – 0.1%      

BIM Birlesik Magazalar AS

     4,948        23,960  

TOTAL COMMON STOCKS

(Cost: $36,968,887)

              30,059,576  
PREFERRED STOCKS – 2.3%      
Brazil – 2.1%      

Banco Bradesco SA

     46,160        151,823  

Gerdau SA

     10,168        43,457  

Itau Unibanco Holding SA

     32,376        140,352  

Itausa SA

     39,144        62,428  

Petroleo Brasileiro SA

     62,804        335,430  
     

 

 

 
Total Brazil               733,490  
Chile – 0.2%      
Sociedad Quimica y Minera de Chile SA, Class B      597      48,748  

TOTAL PREFERRED STOCKS

(Cost: $769,334)

              782,238  

TOTAL INVESTMENTS IN SECURITIES – 89.8%

(Cost: $37,738,221)

 

 

     30,841,814  

Other Assets less Liabilities —10.2%

        3,509,718  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 34,351,532  
* 

Non-income producing security.

 

 

Security is being fair valued using significant unobservable inputs by a pricing committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $7,567, which represents 0.02% of net assets.

 

(a) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(b) 

This security is exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. This security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933.

 

INVESTMENT IN AFFILIATES

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Investments in affiliates during the fiscal year ended June 30, 2022 were as follows:

 

               
Affiliate    Value at
6/30/2021
     Purchases/
Additions
     Sales/
Reductions
     Realized
Gain/(Loss)
    

Change in
Unrealized
Appreciation/

Depreciation

     Value at
6/30/2022
     Dividend
Income
 

WisdomTree India Earnings Fund^

   $ 67,314      $ 88,347      $ 167,852      $ 14,075      $ (1,884    $      $ 237  
^ 

As of June 30, 2022, the Fund did not hold a position in this affiliate.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
   

Amount and
Description of
Currency to
be Purchased

   

Amount and
Description of
Currency to
be Sold

    Unrealized
Appreciation
    Unrealized
Depreciation
 

Credit Suisse International

    7/5/2022       303,451       USD       393,636,914       KRW     $ 280     $  

HSBC Holdings PLC

    7/1/2022       32,480       USD       142,941       MYR       48        

JP Morgan Chase Bank NA

    7/1/2022       163,919       USD       857,322       BRL             (22

JP Morgan Chase Bank NA

    7/1/2022       396,321       USD       11,759,240       TWD       833        

State Street Bank and Trust

    7/1/2022       18,183       USD       17,053,761       CLP             (20
                                            $ 1,161     $ (42

 

FUTURES CONTRACTS (EXCHANGE-TRADED)  
Long Exposure   Contracts     Expiration
Date
    Notional
Value
    Unrealized
Depreciation
 

2 Year U.S. Treasury Note

    21       9/30/22     $ 4,410,328     $ (25,617

5 Year U.S. Treasury Note

    39       9/30/22       4,377,750       (41,029

10 Year U.S. Treasury Note

    37       9/21/22       4,385,656       (58,188

U.S. Treasury Long Bond

    32       9/21/22       4,436,000       (64,259

Ultra 10 Year U.S. Treasury Note

    34       9/21/22       4,330,750       (68,627
                    $ 21,940,484     $ (257,720

 

See Notes to Financial Statements.

 

WisdomTree Trust      85  


Schedule of Investments (concluded)

WisdomTree Emerging Markets Efficient Core Fund (NTSE)

June 30, 2022

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of June 30, 2022 in valuing the Fund’s investments (See Note 2 – Fair Value Measurement):

 

     

Quoted

Prices in

Active

Markets
(Level 1)

     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

Common Stocks

           

China

   $ 10,788,214      $      $ 7,567 *     $ 10,795,781  

Russia

     4,421               0 *       4,421  

Other

     19,259,374                      19,259,374  

Preferred Stocks

     782,238                      782,238  

Total Investments in Securities

   $ 30,834,247      $      $ 7,567      $ 30,841,814  

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ 1,161      $      $ 1,161  

Liabilities:

 

     

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ (42    $      $ (42

Futures Contracts1

     (257,720                    (257,720

Total – Net

   $ 30,576,527      $ 1,119      $ 7,567      $ 30,585,213  
* 

Securities are being fair valued using significant unobservable inputs by the Pricing Committee.

1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

The following is a reconciliation of assets in which significant unobservable inputs (Level 3) were used in determining fair value:

 

   
     Common Stocks  
      China      Russia  

Balance as of June 30, 2021

   $      $  

Realized gain (loss)

     (3,929      (36,316

Change in unrealized appreciation (depreciation)

     (27,013      (1,943,155

Purchases

     41,294        2,528,556  

Sales

     (2,785      (630,284

Transfers into Level 3(1)

            81,199  

Transfers out of Level 3

             

Balance as of June 30, 2022

   $ 7,567      $ 0  

Net change in unrealized appreciation (depreciation) from investments still held as of June 30, 2022 is:

   $ (27,013    $ (1,943,155
(1) 

Transferred into Level 3 because of a lack of observable market data, resulting from a decrease in market activity for the securities.

 

See Notes to Financial Statements.

 

86   WisdomTree Trust


Schedule of Investments

WisdomTree International Efficient Core Fund (NTSI)

June 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 88.9%

 

Australia – 7.0%

 

Aristocrat Leisure Ltd.

     3,626      $ 85,724  

ASX Ltd.

     1,519        85,349  

Australia & New Zealand Banking Group Ltd.

     15,616        236,566  

BHP Group Ltd.

     27,271        773,557  

Brambles Ltd.

     8,036        59,183  

Cochlear Ltd.

     34        4,646  

Coles Group Ltd.

     7,252        88,816  

Commonwealth Bank of Australia

     9,702        602,977  

CSL Ltd.

     2,558        473,279  

Dexus

     1,176        7,181  

Fortescue Metals Group Ltd.

     8,820        106,321  

Goodman Group

     9,877        121,168  

Insurance Australia Group Ltd.

     17,003        50,978  

Lottery Corp. Ltd.*

     10,339        32,135  

Macquarie Group Ltd.

     1,887        213,467  

National Australia Bank Ltd.

     18,099        340,890  

Newcrest Mining Ltd.

     4,215        60,549  

Northern Star Resources Ltd.

     7,301        34,340  

QBE Insurance Group Ltd.

     9,849        82,288  

Ramsay Health Care Ltd.

     980        49,356  

Rio Tinto Ltd.

     8,035        499,314  

Santos Ltd.

     4,655        23,751  

Scentre Group

     14,223        25,331  

Sonic Healthcare Ltd.

     3,479        78,971  

South32 Ltd.

     26,362        71,424  

Stockland

     4,862        12,070  

Tabcorp Holdings Ltd.

     10,339        7,572  

Telstra Corp. Ltd.

     35,721        94,570  

Transurban Group

     15,043        148,751  

Wesfarmers Ltd.

     6,811        196,289  

Westpac Banking Corp.

     20,090        269,390  

Woodside Energy Group Ltd.

     9,333        204,344  

Woolworths Group Ltd.

     7,694        188,352  
     

 

 

 

 

Total Australia

 

     5,328,899  
Austria – 0.1%

 

Erste Group Bank AG

     1,649        41,720  
Belgium – 0.6%      

Ageas SA/NV

     980        43,010  

Anheuser-Busch InBev SA/NV

     4,361        234,161  

KBC Group NV

     1,470        82,281  

Solvay SA

     245        19,804  

UCB SA

     588        49,572  

Umicore SA

     1,406        48,977  
     

 

 

 
Total Belgium               477,805  
China – 0.5%      

BOC Hong Kong Holdings Ltd.

     27,500        108,641  

Prosus NV*

     2,865        187,141  

WH Group Ltd.(a)

     92,500        71,435  
     

 

 

 
Total China               367,217  
Denmark – 2.7%      

Ambu A/S, Class B

     1,323        12,818  

AP Moller - Maersk A/S, Class B

     49        114,038  

Carlsberg A/S, Class B

     315      40,032  

Chr Hansen Holding A/S

     588        42,703  

Coloplast A/S, Class B

     812        92,280  

Danske Bank A/S*

     1,326        18,697  

DSV A/S

     1,274        177,524  

Genmab A/S*

     343        110,760  

GN Store Nord A/S

     931        32,550  

Novo Nordisk A/S, Class B

     9,424        1,042,908  

Novozymes A/S, Class B

     1,176        70,428  

Orsted A/S(a)

     1,138        118,690  

Pandora A/S

     539        33,833  

Vestas Wind Systems A/S

     5,453        114,911  
     

 

 

 
Total Denmark               2,022,172  
Finland – 1.1%      

Elisa Oyj

     549        30,775  

Fortum Oyj

     2,426        36,307  

Kesko Oyj, Class B

     2,009        47,278  

Kone Oyj, Class B

     2,303        109,212  

Neste Oyj

     2,548        112,519  

Nokia Oyj*

     34,930        162,120  

Nordea Bank Abp

     17,489        153,601  

Sampo Oyj, Class A

     2,009        87,205  

Stora Enso Oyj, Class R

     2,208        34,544  

UPM-Kymmene Oyj

     2,107        63,902  
     

 

 

 
Total Finland               837,463  
France – 10.2%      

Air Liquide SA

     2,963        396,873  

Airbus SE*

     3,479        336,252  

Alstom SA

     1,693        38,213  

Arkema SA

     98        8,700  

Atos SE*

     490        6,549  

AXA SA

     10,878        246,326  

BNP Paribas SA

     5,929        281,194  

Bouygues SA

     487        14,948  

Bureau Veritas SA

     441        11,273  

Capgemini SE

     1,053        179,935  

Carrefour SA

     1,672        29,515  

Cie de Saint-Gobain

     3,087        132,142  

Cie Generale des Etablissements Michelin SCA

     2,940        79,837  

Credit Agricole SA

     4,213        38,456  

Danone SA

     3,332        185,528  

Dassault Systemes SE

     4,288        157,417  

Edenred

     1,078        50,681  

Eiffage SA

     149        13,378  

Engie SA

     11,169        128,046  

EssilorLuxottica SA

     1,496        223,495  

Hermes International

     168        187,403  

Kering SA

     441        225,957  

L’Oreal SA

     1,474        507,449  

Legrand SA

     1,568        115,503  

LVMH Moet Hennessy Louis Vuitton SE

     1,568        953,561  

Orange SA

     6,714        78,755  

Pernod Ricard SA

     1,225        224,503  

Publicis Groupe SA*

     1,127        54,976  

 

See Notes to Financial Statements.

 

WisdomTree Trust      87  


Schedule of Investments (continued)

WisdomTree International Efficient Core Fund (NTSI)

June 30, 2022

 

 

 

Investments    Shares      Value  

Renault SA*

     1,203      $ 29,920  

Safran SA

     2,036        200,529  

Sanofi

     6,125        616,902  

Sartorius Stedim Biotech

     147        45,997  

Schneider Electric SE

     3,230        381,241  

Societe Generale SA

     4,217        92,097  

Sodexo SA

     392        27,482  

Teleperformance

     343        105,174  

Thales SA

     441        53,965  

TotalEnergies SE

     14,408        758,715  

Unibail-Rodamco-Westfield*

     829        42,164  

Valeo

     1,497        28,836  

Veolia Environnement SA*

     2,744        66,812  

Vinci SA

     3,061        271,882  

Vivendi SE

     4,655        47,186  

Worldline SA*(a)

     1,492        55,186  
     

 

 

 
Total France

 

     7,730,953  
Germany – 6.8%

 

adidas AG

     1,127        198,837  

Allianz SE, Registered Shares

     2,477        471,614  

BASF SE

     5,194        225,483  

Bayer AG, Registered Shares

     5,266        312,263  

Bayerische Motoren Werke AG

     1,356        104,139  

Beiersdorf AG

     539        54,930  

Brenntag SE

     735        47,718  

Continental AG

     539        37,473  

Covestro AG(a)

     1,323        45,616  

Daimler Truck Holding AG*

     512        13,334  

Delivery Hero SE*(a)

     751        28,084  

Deutsche Bank AG, Registered Shares

     10,780        93,743  

Deutsche Boerse AG

     1,156        192,883  

Deutsche Post AG, Registered Shares

     6,125        228,857  

Deutsche Telekom AG, Registered Shares

     18,677        369,937  

Deutsche Wohnen SE, Bearer Shares

     1,372        31,470  

E.ON SE

     8,575        71,790  

Fresenius Medical Care AG & Co. KGaA

     898        44,716  

Fresenius SE & Co. KGaA

     2,058        62,179  

Hannover Rueck SE

     197        28,525  

HeidelbergCement AG

     689        33,019  

HelloFresh SE*

     980        31,607  

Infineon Technologies AG

     10,093        243,639  

Knorr-Bremse AG

     343        19,514  

Mercedes-Benz Group AG, Registered Shares

     4,312        248,931  

Merck KGaA

     856        144,080  

MTU Aero Engines AG

     343        62,287  

Muenchener Rueckversicherungs – Gesellschaft AG in Muenchen, Registered Shares

     784        183,762  

Puma SE

     588        38,629  

RWE AG

     4,455        163,384  

SAP SE

     6,009        546,104  

Scout24 SE(a)

     980        50,192  

Siemens AG, Registered Shares

     4,542        461,025  

Siemens Energy AG*

     2,516        36,785  

Siemens Healthineers AG(a)

     1,547        78,423  

Symrise AG

     637      69,159  

Vonovia SE

     2,901        89,166  

Zalando SE*(a)

     1,071        27,947  
     

 

 

 
Total Germany

 

     5,191,244  
Hong Kong – 2.3%

 

AIA Group Ltd.

     68,600        743,528  

CK Asset Holdings Ltd.

     16,500        116,701  

CLP Holdings Ltd.

     12,000        99,555  

Hang Seng Bank Ltd.

     6,500        114,726  

Hong Kong & China Gas Co. Ltd.

     73,100        78,718  

Hong Kong Exchanges & Clearing Ltd.

     5,000        245,956  

Link REIT

     16,000        130,497  

MTR Corp. Ltd.

     11,500        60,087  

Power Assets Holdings Ltd.

     11,500        72,324  

Techtronic Industries Co. Ltd.

     10,000        104,308  
     

 

 

 
Total Hong Kong

 

     1,766,400  
Ireland – 0.5%

 

CRH PLC

     4,064        140,207  

Flutter Entertainment PLC*

     1,075        108,430  

Kerry Group PLC, Class A

     633        60,446  

Kingspan Group PLC

     945        56,708  

Smurfit Kappa Group PLC

     689        23,108  
     

 

 

 
Total Ireland

 

     388,899  
Israel – 0.4%

 

Bank Hapoalim BM

     6,321        52,631  

Bank Leumi Le-Israel BM

     8,996        79,759  

Check Point Software Technologies Ltd.*

     513        62,473  

Nice Ltd.*

     492        94,195  

Teva Pharmaceutical Industries Ltd., ADR*

     281        2,113  

Wix.com Ltd.*

     282        18,485  
     

 

 

 
Total Israel

 

     309,656  
Italy – 1.6%

 

Assicurazioni Generali SpA

     5,588        88,944  

Atlantia SpA*

     2,743        64,178  

Enel SpA

     47,105        257,064  

Eni SpA

     13,722        162,508  

Ferrari NV

     691        126,566  

FinecoBank Banca Fineco SpA

     4,410        52,651  

Intesa Sanpaolo SpA

     89,439        166,437  

Moncler SpA

     1,323        56,612  

Nexi SpA*(a)

     3,291        27,194  

Prysmian SpA

     1,421        38,937  

Snam SpA

     2,744        14,341  

Telecom Italia SpA*

     48,257        12,597  

Terna – Rete Elettrica Nazionale

     3,637        28,472  

UniCredit SpA

     10,682        101,233  
     

 

 

 
Total Italy

 

     1,197,734  
Japan – 20.2%

 

Aeon Co. Ltd.

     4,900        84,904  

Ajinomoto Co., Inc.

     4,900        119,024  

Asahi Group Holdings Ltd.

     4,500        147,234  

Asahi Kasei Corp.

     14,700        112,099  

 

See Notes to Financial Statements.

 

88   WisdomTree Trust


Schedule of Investments (continued)

WisdomTree International Efficient Core Fund (NTSI)

June 30, 2022

 

 

 

Investments    Shares      Value  

Astellas Pharma, Inc.

     16,100      $ 250,646  

Bridgestone Corp.

     4,900        178,536  

Canon, Inc.

     8,800        199,831  

Chugai Pharmaceutical Co. Ltd.

     4,900        125,156  

Dai-ichi Life Holdings, Inc.

     9,800        181,061  

Daiichi Sankyo Co. Ltd.

     11,800        298,529  

Daikin Industries Ltd.

     1,100        176,107  

Daiwa House Industry Co. Ltd.

     4,100        95,427  

FANUC Corp.

     600        93,806  

Hitachi Ltd.

     4,900        232,205  

Honda Motor Co. Ltd.

     9,800        237,543  

Hoya Corp.

     1,700        144,967  

ITOCHU Corp.

     9,300        251,026  

Japan Exchange Group, Inc.

     4,900        70,621  

Japan Post Holdings Co. Ltd.

     24,500        174,767  

Japan Tobacco, Inc.

     9,800        169,230  

Kao Corp.

     4,900        197,363  

KDDI Corp.

     9,800        309,390  

Keyence Corp.

     900        307,254  

Kirin Holdings Co. Ltd.

     9,800        154,190  

Komatsu Ltd.

     8,200        181,558  

Kubota Corp.

     9,600        143,235  

Kyowa Kirin Co. Ltd.

     4,400        98,782  

M3, Inc.

     3,900        111,900  

Marubeni Corp.

     16,200        145,956  

MINEBEA MITSUMI, Inc.

     4,900        83,317  

MISUMI Group, Inc.

     4,700        98,944  

Mitsubishi Chemical Holdings Corp.

     19,600        106,328  

Mitsubishi Corp.

     9,800        291,212  

Mitsubishi Electric Corp.

     19,600        209,338  

Mitsubishi Estate Co. Ltd.

     12,100        175,370  

Mitsubishi Heavy Industries Ltd.

     2,800        97,795  

Mitsubishi UFJ Financial Group, Inc.

     98,000        526,158  

Mitsui Fudosan Co. Ltd.

     7,800        167,506  

Mizuho Financial Group, Inc.

     19,400        220,339  

Murata Manufacturing Co. Ltd.

     4,900        266,758  

Nexon Co. Ltd.

     4,000        81,793  

Nidec Corp.

     300        18,505  

Nihon M&A Center Holdings, Inc.

     3,800        40,362  

Nintendo Co. Ltd.

     600        259,159  

Nippon Paint Holdings Co. Ltd.

     7,500        55,813  

Nippon Steel Corp.

     7,900        110,427  

Nippon Telegraph & Telephone Corp.

     6,600        189,272  

Nissan Motor Co. Ltd.

     22,600        87,868  

Nomura Holdings, Inc.

     41,000        149,659  

Nomura Research Institute Ltd.

     2,300        61,117  

NTT Data Corp.

     7,200        99,424  

Odakyu Electric Railway Co. Ltd.

     4,900        65,824  

Olympus Corp.

     9,400        188,650  

Ono Pharmaceutical Co. Ltd.

     3,300        84,580  

Otsuka Holdings Co. Ltd.

     3,600        127,671  

Pan Pacific International Holdings Corp.

     3,700        58,964  

Panasonic Holdings Corp.

     20,100        162,229  

Rakuten Group, Inc.

     12,000        54,058  

Recruit Holdings Co. Ltd.

     9,800      288,182  

Renesas Electronics Corp.*

     12,700        115,263  

Resona Holdings, Inc.

     22,300        83,402  

Sekisui House Ltd.

     9,200        160,935  

Seven & I Holdings Co. Ltd.

     4,900        189,969  

Shimadzu Corp.

     2,800        88,418  

Shin-Etsu Chemical Co. Ltd.

     1,200        135,144  

Shiseido Co. Ltd.

     100        4,009  

SoftBank Corp.

     24,500        271,681  

SoftBank Group Corp.

     9,800        377,631  

Sompo Holdings, Inc.

     3,100        136,523  

Sony Group Corp.

     8,200        669,677  

Subaru Corp.

     5,200        92,303  

Sumitomo Chemical Co. Ltd.

     29,400        114,912  

Sumitomo Corp.

     11,500        157,193  

Sumitomo Electric Industries Ltd.

     9,800        108,131  

Sumitomo Mitsui Financial Group, Inc.

     9,800        290,851  

Sumitomo Mitsui Trust Holdings, Inc.

     4,200        129,226  

Sumitomo Realty & Development Co. Ltd.

     3,500        92,308  

Suzuki Motor Corp.

     3,600        112,991  

Takeda Pharmaceutical Co. Ltd.

     9,800        275,414  

Terumo Corp.

     4,900        147,445  

Tokio Marine Holdings, Inc.

     3,100        180,334  

Tokyo Electron Ltd.

     900        293,475  

Tokyo Gas Co. Ltd.

     4,500        92,978  

Toray Industries, Inc.

     15,700        87,968  

Toshiba Corp.

     3,300        133,963  

Toyota Motor Corp.

     67,700        1,046,483  

Unicharm Corp.

     4,000        133,672  

Yamato Holdings Co. Ltd.

     4,900        78,267  

Z Holdings Corp.

     26,600        77,614  
     

 

 

 
Total Japan               15,297,149  
Luxembourg – 0.2%      

ArcelorMittal SA

     3,332        74,929  

Eurofins Scientific SE

     735        57,692  
     

 

 

 
Total Luxembourg               132,621  
Macau – 0.1%      

Sands China Ltd.*

     24,000        57,255  
Netherlands – 3.4%

 

Adyen NV*(a)

     98        142,206  

Aegon NV

     7,376        31,832  

Akzo Nobel NV

     931        60,949  

Argenx SE*

     238        88,952  

ASM International NV

     395        98,530  

ASML Holding NV

     2,417        1,151,866  

EXOR NV

     233        14,489  

Heineken NV

     1,274        115,876  

ING Groep NV

     20,185        199,017  

Just Eat Takeaway.com NV*(a)

     784        12,349  

Koninklijke Ahold Delhaize NV

     6,079        157,992  

Koninklijke DSM NV

     946        135,591  

Koninklijke KPN NV

     17,542        62,372  

Koninklijke Philips NV

     5,382        115,655  

 

See Notes to Financial Statements.

 

WisdomTree Trust      89  


Schedule of Investments (continued)

WisdomTree International Efficient Core Fund (NTSI)

June 30, 2022

 

 

 

Investments    Shares      Value  

QIAGEN NV*

     931      $ 43,507  

Randstad NV

     294        14,200  

Wolters Kluwer NV

     1,078        104,315  
     

 

 

 
Total Netherlands               2,549,698  
New Zealand – 0.1%

 

Xero Ltd.*

     1,176        62,236  
Norway – 0.6%

 

DNB Bank ASA

     4,261        76,144  

Equinor ASA

     5,831        202,172  

Mowi ASA

     2,695        61,130  

Norsk Hydro ASA

     7,791        43,498  

Telenor ASA

     1,960        25,989  

Yara International ASA

     689        28,704  
     

 

 

 
Total Norway

 

     437,637  
Portugal – 0.1%

 

EDP - Energias de Portugal SA

     20,305        94,506  
Singapore – 0.8%

 

DBS Group Holdings Ltd.

     12,200        260,182  

Oversea-Chinese Banking Corp. Ltd.

     19,600        160,411  

Singapore Telecommunications Ltd.

     62,700        113,984  

United Overseas Bank Ltd.

     4,900        92,423  
     

 

 

 
Total Singapore

 

     627,000  
Spain – 2.2%

 

ACS Actividades de Construccion y Servicios SA

     1,595        38,569  

Aena SME SA*(a)

     441        55,901  

Amadeus IT Group SA*

     2,789        155,002  

Banco Bilbao Vizcaya Argentaria SA

     36,456        165,048  

Banco Santander SA

     66,210        186,061  

CaixaBank SA

     15,435        53,525  

Cellnex Telecom SA(a)

     2,008        77,736  

Endesa SA

     1,127        21,208  

Ferrovial SA

     2,525        63,856  

Grifols SA

     1,127        21,249  

Iberdrola SA

     37,080        383,621  

Industria de Diseno Textil SA

     6,272        141,567  

Repsol SA

     7,937        116,583  

Siemens Gamesa Renewable Energy SA*

     1,503        28,142  

Telefonica SA

     25,387        129,042  
     

 

 

 
Total Spain

 

     1,637,110  
Sweden – 2.2%

 

Alfa Laval AB

     1,960        47,167  

Assa Abloy AB, Class B

     5,903        125,175  

Atlas Copco AB, Class A

     25,480        237,633  

Boliden AB*

     1,518        48,196  

Epiroc AB, Class A

     6,149        94,779  

EQT AB

     1,519        31,040  

Essity AB, Class B

     2,744        71,523  

Evolution AB(a)

     1,029        93,397  

H & M Hennes & Mauritz AB, Class B

     4,998        59,581  

Hexagon AB, Class B

     13,961        144,754  

Kinnevik AB, Class B*

     1,862        29,945  

Nibe Industrier AB, Class B

     8,085        60,594  

Sandvik AB

     7,252        117,371  

Skandinaviska Enskilda Banken AB, Class A

     3,431      33,616  

Skanska AB, Class B

     931        14,246  

SKF AB, Class B

     2,450        35,982  

Svenska Cellulosa AB SCA, Class B

     3,773        56,259  

Svenska Handelsbanken AB, Class A

     4,609        39,319  

Swedbank AB, Class A

     2,547        32,138  

Swedish Match AB

     6,223        63,278  

Telefonaktiebolaget LM Ericsson, Class B

     15,805        117,634  

Telia Co. AB

     3,626        13,864  

Volvo AB, Class B

     9,408        145,406  
     

 

 

 
Total Sweden

 

     1,712,897  
Switzerland – 10.5%

 

ABB Ltd., Registered Shares

     12,280        326,577  

Adecco Group AG, Registered Shares

     634        21,483  

Alcon, Inc.

     3,038        211,599  

Cie Financiere Richemont SA, Class A, Registered Shares

     3,034        322,146  

Credit Suisse Group AG, Registered Shares

     10,723        60,708  

Geberit AG, Registered Shares

     294        140,896  

Givaudan SA, Registered Shares

     49        171,821  

Glencore PLC*

     58,653        317,050  

Holcim AG, Registered Shares

     1,960        83,633  

Julius Baer Group Ltd.

     686        31,557  

Kuehne + Nagel International AG, Registered Shares

     370        87,345  

Logitech International SA, Registered Shares

     1,291        67,250  

Lonza Group AG, Registered Shares

     436        231,811  

Nestle SA, Registered Shares

     15,872        1,847,575  

Novartis AG, Registered Shares

     11,760        993,154  

Partners Group Holding AG

     147        132,083  

Roche Holding AG

     3,940        1,311,001  

Schindler Holding AG, Participation Certificate

     490        89,110  

Sika AG, Registered Shares

     931        213,945  

Sonova Holding AG, Registered Shares

     387        122,889  

STMicroelectronics NV

     5,989        187,836  

Straumann Holding AG, Registered Shares

     490        58,681  

Swatch Group AG, Bearer Shares

     245        57,965  

Swiss Life Holding AG, Registered Shares

     98        47,600  

Swiss Re AG

     1,274        98,449  

Swisscom AG, Registered Shares

     149        82,083  

Temenos AG, Registered Shares

     490        41,776  

UBS Group AG, Registered Shares

     16,121        259,155  

Zurich Insurance Group AG

     784        340,019  
     

 

 

 
Total Switzerland

 

     7,957,197  
United Kingdom – 14.5%

 

abrdn PLC

     8,840        17,161  

Admiral Group PLC

     826        22,510  

Anglo American PLC

     7,252        258,667  

Antofagasta PLC

     2,059        28,881  

Ashtead Group PLC

     2,631        109,884  

Associated British Foods PLC

     1,442        27,635  

AstraZeneca PLC

     7,203        944,750  

Aviva PLC*

     12,579        61,305  

BAE Systems PLC

     16,366        165,008  

Barclays PLC

     94,484        175,699  

 

See Notes to Financial Statements.

 

90   WisdomTree Trust


Schedule of Investments (continued)

WisdomTree International Efficient Core Fund (NTSI)

june 31, 2022

 

 

 

Investments    Shares      Value  

Barratt Developments PLC

     6,079      $ 33,768  

BP PLC

     116,522        549,484  

British American Tobacco PLC

     12,467        532,872  

BT Group PLC

     54,349        122,966  

Bunzl PLC

     1,862        61,485  

Burberry Group PLC

     2,058        41,014  

CK Hutchison Holdings Ltd.

     19,000        128,451  

CNH Industrial NV

     6,587        75,888  

Coca-Cola Europacific Partners PLC

     784        40,462  

Compass Group PLC

     11,319        230,939  

Croda International PLC

     931        73,176  

DCC PLC

     464        28,727  

Diageo PLC

     13,524        579,857  

Entain PLC*

     3,969        60,011  

Experian PLC

     5,684        166,085  

Ferguson PLC

     1,271        141,823  

GSK PLC

     26,362        565,263  

Halma PLC

     2,721        66,388  

HSBC Holdings PLC

     110,756        720,423  

Informa PLC*

     9,408        60,418  

InterContinental Hotels Group PLC

     980        51,772  

Intertek Group PLC

     931        47,555  

James Hardie Industries PLC

     3,332        72,793  

Johnson Matthey PLC

     1,029        24,062  

Kingfisher PLC

     10,829        32,129  

Legal & General Group PLC

     37,143        108,034  

Lloyds Banking Group PLC

     377,594        194,021  

London Stock Exchange Group PLC

     1,695        157,104  

Melrose Industries PLC

     22,394        40,713  

Mondi PLC

     2,398        42,373  

National Grid PLC

     18,966        242,310  

NatWest Group PLC

     16,075        42,617  

Next PLC

     637        45,333  

Ocado Group PLC*

     3,185        30,217  

Pearson PLC

     4,018        36,588  

Persimmon PLC

     1,566        35,431  

Prudential PLC

     15,802        194,978  

Reckitt Benckiser Group PLC

     4,148        310,816  

RELX PLC

     10,584        286,124  

Rentokil Initial PLC

     9,457        54,508  

Rolls-Royce Holdings PLC*

     50,654        51,028  

Sage Group PLC

     7,700      59,362  

Segro PLC

     4,685        55,577  

Shell PLC

     43,117        1,117,436  

Smith & Nephew PLC

     6,125        85,357  

Smiths Group PLC

     2,005        34,077  

Spirax-Sarco Engineering PLC

     441        52,904  

SSE PLC

     5,341        104,820  

St. James’s Place PLC

     3,479        46,581  

Standard Chartered PLC

     13,981        105,034  

Taylor Wimpey PLC

     18,914        26,795  

Tesco PLC

     38,266        118,736  

Unilever PLC

     14,867        671,835  

United Utilities Group PLC

     637        7,891  

Vodafone Group PLC

     148,691        228,720  

Whitbread PLC*

     1,225        36,865  

WPP PLC

     6,861        68,708  
     

 

 

 
Total United Kingdom

 

     11,012,204  
United States – 0.2%

 

Stellantis NV

     11,234        138,492  

TOTAL COMMON STOCKS

(Cost: $85,907,120)

 

 

     67,376,164  
PREFERRED STOCKS – 0.5%

 

Germany – 0.5%

 

Henkel AG & Co. KGaA

     1,519        93,345  

Porsche Automobil Holding SE

     735        48,502  

Sartorius AG

     245        85,395  
Volkswagen AG      1,274        169,711  

TOTAL PREFERRED STOCKS

(Cost: $632,900)

 

 

     396,953  

TOTAL INVESTMENTS IN SECURITIES – 89.4%

(Cost: $86,540,020)

 

 

     67,773,117  

Other Assets less Liabilities – 10.6%

 

     7,994,061  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 75,767,178  
* 

Non-income producing security.

 

(a)

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
   

Amount and

Description of
Currency to

be Purchased

   

Amount and
Description of
Currency to

be Sold

    Unrealized
Appreciation
    Unrealized
Depreciation
 

Barclays Bank PLC

    7/5/2022       18,329       USD       130,000       DKK     $ 53     $  

Deutsche Bank AG

    7/1/2022       37,813       USD       36,081       CHF       125        

Deutsche Bank AG

    7/5/2022       55,297       USD       7,500,000       JPY       92        

Goldman Sachs

    7/5/2022       27,644       USD       40,000       AUD       138        

Morgan Stanley & Co. International

    7/5/2022       24,354       USD       20,000       GBP       65        

Standard Chartered Bank

    7/5/2022       27,263       USD       26,000       EUR       81        
                                            $ 554     $  

 

See Notes to Financial Statements.

 

WisdomTree Trust      91  


Schedule of Investments (concluded)

WisdomTree International Efficient Core Fund (NTSI)

June 30, 2022

 

         
FUTURES CONTRACTS (EXCHANGE-TRADED)                        
Long Exposure   Contracts   Expiration
Date
  Notional
Value
    Unrealized
Depreciation
 

2 Year U.S. Treasury Note

  43   9/30/22   $ 9,030,672     $ (52,181

5 Year U.S. Treasury Note

  80   9/30/22     8,980,000       (84,183

10 Year U.S. Treasury Note

  77   9/21/22     9,126,906       (119,104

U.S. Treasury Long Bond

  65   9/21/22     9,010,625       (124,356

Ultra 10 Year U.S. Treasury Note

  72   9/21/22     9,171,000       (141,683
            $ 45,319,203     $ (521,507

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of June 30, 2022 in valuing the Fund’s investments (See Note 2 – Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

           

Investments in Securities

           

Common Stocks

   $ 67,376,164      $      $      $ 67,376,164  

Preferred Stocks

     396,953                      396,953  

Total Investments in Securities

   $ 67,773,117      $      $      $ 67,773,117  

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ 554      $      $ 554  

Liabilities:

           

Financial Derivative Instruments

           

Futures Contracts1

   $ (521,507    $      $      $ (521,507

Total – Net

   $ 67,251,610      $ 554      $      $ 67,252,164  
1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

92   WisdomTree Trust


Schedule of Investments

WisdomTree U.S. Efficient Core Fund (NTSX)

June 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 89.4%

 

Argentina – 0.1%

 

Internet & Direct Marketing Retail – 0.1%

 

MercadoLibre, Inc.*

     726      $ 462,367  
China – 0.2%

 

Hotels, Restaurants & Leisure – 0.1%

 

Yum China Holdings, Inc.

     7,519        364,672  
Semiconductors & Semiconductor Equipment – 0.1%

 

NXP Semiconductors NV

     4,507        667,171  
Total China

 

     1,031,843  
Ireland – 0.1%

 

Technology Hardware, Storage & Peripherals – 0.1%

 

Seagate Technology Holdings PLC

     4,195        299,691  
Israel – 0.0%

 

Software – 0.0%

 

Check Point Software Technologies Ltd.*

     1,974        240,394  
Russia – 0.0%

 

Interactive Media & Services – 0.0%

 

Yandex NV, Class A*

     6,719        0  
South Korea – 0.0%

 

Internet & Direct Marketing Retail – 0.0%

 

Coupang, Inc.*

     19,452        248,013  
United Kingdom – 0.4%

 

Chemicals – 0.4%

 

Linde PLC

     9,990        2,872,424  
United States – 88.6%

 

Aerospace & Defense – 1.5%

 

Boeing Co.*

     11,542        1,578,022  

General Dynamics Corp.

     4,608        1,019,520  

Howmet Aerospace, Inc.

     7,145        224,710  

L3Harris Technologies, Inc.

     3,547        857,310  

Lockheed Martin Corp.

     5,011        2,154,530  

Northrop Grumman Corp.

     2,830        1,354,353  

Raytheon Technologies Corp.

     29,543        2,839,378  

TransDigm Group, Inc.*

     894        479,783  
     

 

 

 
Total Aerospace & Defense

 

     10,507,606  
Air Freight & Logistics – 0.6%

 

C.H. Robinson Worldwide, Inc.

     2,240        227,069  

Expeditors International of Washington, Inc.

     3,046        296,863  

FedEx Corp.

     4,381        993,217  

United Parcel Service, Inc., Class B

     14,225        2,596,631  
     

 

 

 
Total Air Freight & Logistics

 

     4,113,780  
Airlines – 0.1%

 

Delta Air Lines, Inc.*

     12,571        364,182  

Southwest Airlines Co.*

     10,173        367,448  

United Airlines Holdings, Inc.*

     5,359        189,816  
     

 

 

 
Total Airlines

 

     921,446  
Auto Components – 0.1%

 

Aptiv PLC*

     5,366        477,950  
Automobiles - 1.9%

 

Ford Motor Co.

     73,936        822,908  

General Motors Co.*

     24,020      762,875  

Lucid Group, Inc.*(a)

     11,530        197,855  

Rivian Automotive, Inc., Class A*

     7,463        192,098  

Tesla, Inc.*

     16,813        11,322,210  
     

 

 

 
Total Automobiles

 

     13,297,946  
Banks – 3.2%

 

Bank of America Corp.

     136,153        4,238,443  

Citigroup, Inc.

     38,705        1,780,043  

Citizens Financial Group, Inc.

     7,260        259,110  

Fifth Third Bancorp

     11,741        394,498  

First Republic Bank

     3,351        483,214  

Huntington Bancshares, Inc.

     25,977        312,503  

JPMorgan Chase & Co.

     57,685        6,495,908  

KeyCorp

     15,186        261,655  

M&T Bank Corp.

     2,221        354,005  

PNC Financial Services Group, Inc.

     8,293        1,308,387  

Regions Financial Corp.

     15,839        296,981  

Signature Bank

     1,097        196,593  

SVB Financial Group*

     1,090        430,539  

Truist Financial Corp.

     26,561        1,259,788  

U.S. Bancorp

     26,501        1,219,576  

Wells Fargo & Co.

     75,300        2,949,501  
     

 

 

 
Total Banks

 

     22,240,744  
Beverages – 1.7%

 

Brown-Forman Corp., Class B

     6,322        443,552  

Coca-Cola Co.

     77,522        4,876,909  

Constellation Brands, Inc., Class A

     3,008        701,044  

Keurig Dr. Pepper, Inc.

     16,820        595,260  

Monster Beverage Corp.*

     7,562        700,997  

PepsiCo, Inc.

     26,673        4,445,322  
     

 

 

 
Total Beverages

 

     11,763,084  
Biotechnology – 2.1%

 

AbbVie, Inc.

     34,808        5,331,193  

Alnylam Pharmaceuticals, Inc.*

     1,671        243,715  

Amgen, Inc.

     10,131        2,464,872  

Biogen, Inc.*

     2,442        498,021  

Gilead Sciences, Inc.

     20,207        1,248,995  

Horizon Therapeutics PLC*

     4,210        335,790  

Incyte Corp.*

     4,376        332,445  

Moderna, Inc.*

     6,968        995,379  

Regeneron Pharmaceuticals, Inc.*

     1,797        1,062,261  

Seagen, Inc.*

     3,202        566,562  

Vertex Pharmaceuticals, Inc.*

     4,681        1,319,059  
     

 

 

 
Total Biotechnology

 

     14,398,292  
Building Products – 0.2%

 

Carrier Global Corp.

     11,421        407,273  

Johnson Controls International PLC

     12,439        595,579  

Trane Technologies PLC

     4,127        535,974  
     

 

 

 
Total Building Products

 

     1,538,826  
Capital Markets – 2.7%

 

Ameriprise Financial, Inc.

     2,076        493,424  

Bank of New York Mellon Corp.

     14,856        619,644  

 

See Notes to Financial Statements.

 

WisdomTree Trust      93  


Schedule of Investments (continued)

WisdomTree U.S. Efficient Core Fund (NTSX)

June 30, 2022

 

 

 

Investments    Shares      Value  

BlackRock, Inc.

     2,637      $ 1,606,038  

Blackstone, Inc.

     13,712        1,250,946  

Charles Schwab Corp.

     28,371        1,792,480  

CME Group, Inc.

     6,505        1,331,574  

Coinbase Global, Inc., Class A*

     2,712        127,518  

FactSet Research Systems, Inc.

     722        277,660  

Goldman Sachs Group, Inc.

     6,485        1,926,175  

Intercontinental Exchange, Inc.

     11,210        1,054,188  

KKR & Co., Inc.

     11,320        524,003  

LPL Financial Holdings, Inc.

     1,613        297,566  

Moody’s Corp.

     3,131        851,538  

Morgan Stanley

     27,766        2,111,882  

MSCI, Inc.

     1,397        575,774  

Nasdaq, Inc.

     2,062        314,537  

Northern Trust Corp.

     3,938        379,938  

Raymond James Financial, Inc.

     3,723        332,873  

S&P Global, Inc.

     6,831        2,302,457  

State Street Corp.

     6,702        413,178  

T. Rowe Price Group, Inc.

     3,839        436,149  
     

 

 

 
Total Capital Markets

 

     19,019,542  
Chemicals – 1.1%

 

Air Products and Chemicals, Inc.

     4,121        991,018  

Albemarle Corp.

     2,337        488,386  

Celanese Corp.

     1,875        220,519  

CF Industries Holdings, Inc.

     3,433        294,311  

Corteva, Inc.

     14,356        777,234  

Dow, Inc.

     14,482        747,416  

DuPont de Nemours, Inc.

     10,140        563,581  

Ecolab, Inc.

     4,966        763,572  

FMC Corp.

     2,492        266,669  

International Flavors & Fragrances, Inc.

     4,451        530,203  

LyondellBasell Industries NV, Class A

     4,319        377,740  

Mosaic Co.

     6,583        310,915  

PPG Industries, Inc.

     4,350        497,379  

Sherwin-Williams Co.

     4,785        1,071,410  
     

 

 

 
Total Chemicals

 

     7,900,353  
Commercial Services & Supplies – 0.5%

 

Cintas Corp.

     1,820        679,825  

Copart, Inc.*

     4,378        475,713  

Republic Services, Inc.

     4,019        525,966  

Waste Connections, Inc.

     4,427        548,771  

Waste Management, Inc.

     7,471        1,142,914  
     

 

 

 
Total Commercial Services & Supplies

 

     3,373,189  
Communications Equipment – 0.6%

 

Arista Networks, Inc.*

     4,980        466,825  

Cisco Systems, Inc.

     77,958        3,324,129  

Motorola Solutions, Inc.

     2,943        616,853  
     

 

 

 
Total Communications Equipment

 

     4,407,807  
Construction & Engineering – 0.0%

 

Quanta Services, Inc.      2,692        337,415  
Construction Materials – 0.1%

 

Martin Marietta Materials, Inc.

     1,045        312,706  

Vulcan Materials Co.

     2,378      337,914  
     

 

 

 
Total Construction Materials

 

     650,620  
Consumer Finance – 0.5%

 

Ally Financial, Inc.

     6,463        216,575  

American Express Co.

     11,915        1,651,657  

Capital One Financial Corp.

     7,596        791,427  

Discover Financial Services

     4,925        465,807  

Synchrony Financial

     8,301        229,274  
     

 

 

 
Total Consumer Finance

 

     3,354,740  
Containers & Packaging – 0.2%

 

Amcor PLC

     28,133        349,693  

Ball Corp.

     5,744        395,015  

Crown Holdings, Inc.

     2,347        216,323  

International Paper Co.

     6,353        265,746  

Packaging Corp. of America

     1,661        228,387  
     

 

 

 
Total Containers & Packaging

 

     1,455,164  
Distributors – 0.1%

 

Genuine Parts Co.

     2,577        342,741  

LKQ Corp.

     5,296        259,981  

Pool Corp.

     766        269,042  
     

 

 

 
Total Distributors

 

     871,764  
Diversified Financial Services – 1.4%

 

Apollo Global Management, Inc.

     9,668        468,705  

Berkshire Hathaway, Inc., Class A*

     7        2,862,650  

Berkshire Hathaway, Inc., Class B*

     23,479        6,410,236  
     

 

 

 
Total Diversified Financial Services

 

     9,741,591  
Diversified Telecommunication Services – 1.0%

 

AT&T, Inc.

     131,113        2,748,129  

Verizon Communications, Inc.

     82,483        4,186,012  
     

 

 

 
Total Diversified Telecommunication Services

 

     6,934,141  
Electric Utilities – 1.6%

 

Alliant Energy Corp.

     4,179        244,931  

American Electric Power Co., Inc.

     8,700        834,678  

Duke Energy Corp.

     15,075        1,616,191  

Edison International

     6,651        420,609  

Entergy Corp.

     3,569        402,012  

Evergy, Inc.

     4,518        294,800  

Eversource Energy

     6,211        524,643  

Exelon Corp.

     17,307        784,353  

FirstEnergy Corp.

     10,875        417,491  

NextEra Energy, Inc.

     38,760        3,002,350  

PG&E Corp.*

     26,658        266,047  

PPL Corp.

     13,541        367,367  

Southern Co.

     20,883        1,489,167  

Xcel Energy, Inc.

     9,916        701,656  
     

 

 

 
Total Electric Utilities

 

     11,366,295  
Electrical Equipment – 0.5%

 

AMETEK, Inc.

     4,376        480,879  

Eaton Corp. PLC

     7,831        986,628  

Emerson Electric Co.

     11,803        938,810  

Generac Holdings, Inc.*

     1,148        241,746  

 

See Notes to Financial Statements.

 

94   WisdomTree Trust


Schedule of Investments (continued)

WisdomTree U.S. Efficient Core Fund (NTSX)

June 30, 2022

 

 

 

Investments    Shares      Value  

Plug Power, Inc.*(a)

     9,992      $ 165,567  

Rockwell Automation, Inc.

     2,152        428,915  
     

 

 

 
Total Electrical Equipment

 

     3,242,545  
Electronic Equipment, Instruments & Components – 0.5%

 

Amphenol Corp., Class A

     10,316        664,144  

CDW Corp.

     2,513        395,948  

Corning, Inc.

     14,834        467,419  

Keysight Technologies, Inc.*

     3,387        466,898  

TE Connectivity Ltd.

     6,046        684,105  

Teledyne Technologies, Inc.*

     725        271,955  

Trimble, Inc.*

     4,312        251,088  

Zebra Technologies Corp., Class A*

     926        272,198  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     3,473,755  
Energy Equipment & Services – 0.3%

 

Baker Hughes Co.

     13,661        394,393  

Halliburton Co.

     16,684        523,210  

Schlumberger NV

     26,482        946,997  
     

 

 

 
Total Energy Equipment & Services

 

     1,864,600  
Entertainment – 1.1%

 

Activision Blizzard, Inc.

     14,593        1,136,211  

Electronic Arts, Inc.

     4,981        605,939  

Live Nation Entertainment, Inc.*

     2,829        233,619  

Netflix, Inc.*

     7,971        1,393,889  

ROBLOX Corp., Class A*

     7,044        231,466  

Roku, Inc.*

     2,090        171,672  

Spotify Technology SA*

     2,020        189,536  

Take-Two Interactive Software, Inc.*

     1,965        240,771  

Walt Disney Co.*

     35,877        3,386,789  
     

 

 

 
Total Entertainment

 

     7,589,892  
Equity Real Estate Investment Trusts (REITs) – 2.5%

 

Alexandria Real Estate Equities, Inc.

     2,860        414,786  

American Tower Corp.

     8,976        2,294,176  

AvalonBay Communities, Inc.

     2,594        503,884  

Boston Properties, Inc.

     2,454        218,357  

Camden Property Trust

     1,530        205,754  

Crown Castle International Corp.

     8,060        1,357,143  

Digital Realty Trust, Inc.

     4,965        644,606  

Duke Realty Corp.

     6,658        365,857  

Equinix, Inc.

     1,682        1,105,108  

Equity Residential

     5,772        416,854  

Essex Property Trust, Inc.

     1,213        317,212  

Extra Space Storage, Inc.

     2,438        414,752  

Healthpeak Properties, Inc.

     9,865        255,602  

Host Hotels & Resorts, Inc.

     14,157        221,982  

Invitation Homes, Inc.

     11,981        426,284  

Iron Mountain, Inc.

     5,089        247,783  

Kimco Realty Corp.

     10,793        213,377  

Mid-America Apartment Communities, Inc.

     1,737        303,402  

Prologis, Inc.

     13,721        1,614,276  

Public Storage

     2,843        888,921  

Realty Income Corp.

     11,073        755,843  

SBA Communications Corp.

     2,042        653,542  

Simon Property Group, Inc.

     6,011      570,564  

Sun Communities, Inc.

     2,165        345,014  

UDR, Inc.

     5,468        251,747  

Ventas, Inc.

     6,977        358,827  

VICI Properties, Inc.

     17,880        532,645  

W.P. Carey, Inc.

     3,959        328,043  

Welltower, Inc.

     8,102        667,200  

Weyerhaeuser Co.

     12,673        419,730  
     

 

 

 
Total Equity Real Estate Investment Trusts (REITs)

 

     17,313,271  
Food & Staples Retailing – 1.4%

 

Costco Wholesale Corp.

     8,591        4,117,494  

Kroger Co.

     11,921        564,221  

Sysco Corp.

     9,853        834,648  

Walgreens Boots Alliance, Inc.

     14,315        542,539  

Walmart, Inc.

     28,692        3,488,373  
     

 

 

 
Total Food & Staples Retailing

 

     9,547,275  
Food Products – 0.9%

 

Archer-Daniels-Midland Co.

     9,524        739,062  

Bunge Ltd.

     2,369        214,845  

Conagra Brands, Inc.

     9,129        312,577  

General Mills, Inc.

     10,568        797,356  

Hershey Co.

     2,659        572,110  

Hormel Foods Corp.

     6,044        286,244  

J.M. Smucker Co.

     2,132        272,917  

Kellogg Co.

     4,376        312,184  

Kraft Heinz Co.

     14,055        536,058  

McCormick & Co., Inc., Non-Voting Shares

     3,838        319,514  

Mondelez International, Inc., Class A

     27,290        1,694,436  

Tyson Foods, Inc., Class A

     5,522        475,223  
     

 

 

 
Total Food Products

 

     6,532,526  
Gas Utilities – 0.0%

 

Atmos Energy Corp.      2,536        284,286  
Health Care Equipment & Supplies – 2.3%

 

Abbott Laboratories

     34,259        3,722,240  

Align Technology, Inc.*

     1,507        356,662  

Baxter International, Inc.

     8,775        563,618  

Becton Dickinson and Co.

     4,928        1,214,900  

Boston Scientific Corp.*

     26,592        991,084  

Cooper Cos., Inc.

     873        273,354  

Dexcom, Inc.*

     7,440        554,503  

Edwards Lifesciences Corp.*

     11,824        1,124,344  

Hologic, Inc.*

     3,868        268,052  

IDEXX Laboratories, Inc.*

     1,434        502,947  

Intuitive Surgical, Inc.*

     6,621        1,328,901  

Medtronic PLC

     26,426        2,371,733  

ResMed, Inc.

     2,560        536,653  

STERIS PLC

     1,739        358,495  

Stryker Corp.

     6,690        1,330,842  

Teleflex, Inc.

     790        194,222  

Zimmer Biomet Holdings, Inc.

     3,657        384,204  
     

 

 

 
Total Health Care Equipment & Supplies

 

     16,076,754  

 

See Notes to Financial Statements.

 

WisdomTree Trust      95  


Schedule of Investments (continued)

WisdomTree U.S. Efficient Core Fund (NTSX)

June 30, 2022

 

 

 

Investments    Shares      Value  
Health Care Providers & Services – 3.0%

 

AmerisourceBergen Corp.

     2,855      $ 403,925  

Cardinal Health, Inc.

     4,923        257,325  

Centene Corp.*

     10,078        852,700  

Cigna Corp.

     5,922        1,560,566  

CVS Health Corp.

     25,096        2,325,395  

Elevance Health, Inc.

     4,765        2,299,494  

HCA Healthcare, Inc.

     4,154        698,121  

Humana, Inc.

     2,137        1,000,266  

Laboratory Corp. of America Holdings

     1,778        416,692  

McKesson Corp.

     2,764        901,644  

Molina Healthcare, Inc.*

     923        258,080  

Quest Diagnostics, Inc.

     2,009        267,157  

UnitedHealth Group, Inc.

     18,271        9,384,534  
     

 

 

 
Total Health Care Providers & Services

 

     20,625,899  
Health Care Technology – 0.1%

 

Veeva Systems, Inc., Class A*

     2,365        468,365  
Hotels, Restaurants & Leisure – 1.6%

 

Airbnb, Inc., Class A*

     5,494        489,405  

Booking Holdings, Inc.*

     806        1,409,686  

Caesars Entertainment, Inc.*

     3,309        126,735  

Carnival Corp.*(a)

     15,978        138,210  

Chipotle Mexican Grill, Inc.*

     534        698,077  

Domino’s Pizza, Inc.

     635        247,466  

Expedia Group, Inc.*

     2,784        264,007  

Hilton Worldwide Holdings, Inc.

     5,039        561,546  

Las Vegas Sands Corp.*

     6,916        232,308  

Marriott International, Inc., Class A

     5,808        789,946  

McDonald’s Corp.

     14,390        3,552,603  

MGM Resorts International

     7,844        227,084  

Royal Caribbean Cruises Ltd.*

     3,569        124,594  

Starbucks Corp.

     22,119        1,689,670  

Yum! Brands, Inc.

     4,322        490,590  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     11,041,927  
Household Durables – 0.2%

 

D.R. Horton, Inc.

     6,198        410,246  

Garmin Ltd.

     2,873        282,272  

Lennar Corp., Class A

     4,013        283,197  

NVR, Inc.*

     66        264,273  
     

 

 

 
Total Household Durables

 

     1,239,988  
Household Products – 1.4%      

Church & Dwight Co., Inc.

     4,283        396,863  

Clorox Co.

     2,327        328,060  

Colgate-Palmolive Co.

     15,631        1,252,668  

Kimberly-Clark Corp.

     5,887        795,628  

Procter & Gamble Co.

     46,544        6,692,562  
     

 

 

 
Total Household Products

 

     9,465,781  
Independent Power & Renewable Electricity Producers – 0.0%

 

AES Corp.

     11,089        232,980  
Industrial Conglomerates – 0.7%

 

3M Co.

     11,256        1,456,639  

General Electric Co.

     18,361        1,169,045  

Honeywell International, Inc.

     13,548      2,354,778  
     

 

 

 
Total Industrial Conglomerates

 

     4,980,462  
Insurance – 1.9%

 

Aflac, Inc.

     11,804        653,115  

Allstate Corp.

     5,486        695,241  

American International Group, Inc.

     14,569        744,913  

Aon PLC, Class A

     4,187        1,129,150  

Arch Capital Group Ltd.*

     6,645        302,281  

Arthur J Gallagher & Co.

     3,862        629,661  

Brown & Brown, Inc.

     4,666        272,214  

Chubb Ltd.

     7,902        1,553,375  

Cincinnati Financial Corp.

     2,612        310,776  

Fidelity National Financial, Inc.

     5,389        199,177  

Hartford Financial Services Group, Inc.

     5,214        341,152  

Markel Corp.*

     267        345,298  

Marsh & McLennan Cos., Inc.

     8,928        1,386,072  

MetLife, Inc.

     13,658        857,586  

Principal Financial Group, Inc.

     4,516        301,624  

Progressive Corp.

     11,489        1,335,826  

Prudential Financial, Inc.

     6,905        660,670  

Travelers Cos., Inc.

     4,125        697,661  

W.R. Berkley Corp.

     4,380        298,979  

Willis Towers Watson PLC

     2,182        430,705  
     

 

 

 
Total Insurance

 

     13,145,476  
Interactive Media & Services – 4.6%

 

Alphabet, Inc., Class A*

     5,467        11,914,014  

Alphabet, Inc., Class C*

     5,418        11,851,604  

Match Group, Inc.*

     5,681        395,909  

Meta Platforms, Inc., Class A*

     42,827        6,905,854  

Pinterest, Inc., Class A*

     10,951        198,870  

Snap, Inc., Class A*

     22,625        297,066  

Twitter, Inc.*

     15,789        590,351  

ZoomInfo Technologies, Inc., Class A*

     5,353        177,934  
     

 

 

 
Total Interactive Media & Services

 

     32,331,602  
Internet & Direct Marketing Retail – 2.9%

 

Amazon.com, Inc.*

     179,587        19,073,935  

DoorDash, Inc., Class A*

     3,767        241,729  

eBay, Inc.

     11,358        473,288  

Etsy, Inc.*

     2,030        148,616  
     

 

 

 
Total Internet & Direct Marketing Retail

 

     19,937,568  
IT Services – 4.3%

 

Accenture PLC, Class A

     12,823        3,560,306  

Akamai Technologies, Inc.*

     3,043        277,917  

Automatic Data Processing, Inc.

     8,296        1,742,492  

Block, Inc.*

     10,040        617,058  

Broadridge Financial Solutions, Inc.

     1,967        280,396  

Cloudflare, Inc., Class A*

     3,555        155,531  

Cognizant Technology Solutions Corp., Class A

     10,401        701,964  

EPAM Systems, Inc.*

     1,037        305,687  

Fidelity National Information Services, Inc.

     11,276        1,033,671  

Fiserv, Inc.*

     11,086        986,321  

FleetCor Technologies, Inc.*

     1,255        263,688  

 

96   WisdomTree Trust


Schedule of Investments (continued)

WisdomTree U.S. Efficient Core Fund (NTSX)

June 30, 2022

 

 

 

Investments    Shares      Value  

Gartner, Inc.*

     1,512      $ 365,647  

Global Payments, Inc.

     5,342        591,039  

International Business Machines Corp.

     17,794        2,512,335  

Jack Henry & Associates, Inc.

     1,363        245,367  

MasterCard, Inc., Class A

     16,994        5,361,267  

MongoDB, Inc.*

     902        234,069  

Okta, Inc.*

     2,595        234,588  

Paychex, Inc.

     6,028        686,408  

PayPal Holdings, Inc.*

     22,008        1,537,039  

Snowflake, Inc., Class A*

     5,631        783,047  

SS&C Technologies Holdings, Inc.

     4,065        236,055  

Twilio, Inc., Class A*

     2,596        217,571  

VeriSign, Inc.*

     1,759        294,333  

Visa, Inc., Class A

     32,680        6,434,365  
     

 

 

 
Total IT Services

 

     29,658,161  
Life Sciences Tools & Services – 1.6%

 

Agilent Technologies, Inc.

     5,120        608,102  

Avantor, Inc.*

     10,019        311,591  

Bio-Techne Corp.

     693        240,221  

Charles River Laboratories International, Inc.*

     867        185,512  

Danaher Corp.

     13,058        3,310,464  

Illumina, Inc.*

     2,771        510,862  

IQVIA Holdings, Inc.*

     3,547        769,664  

Mettler-Toledo International, Inc.*

     386        443,425  

PerkinElmer, Inc.

     1,943        276,333  

Thermo Fisher Scientific, Inc.

     7,714        4,190,862  

Waters Corp.*

     965        319,396  

West Pharmaceutical Services, Inc.

     1,273        384,917  
     

 

 

 
Total Life Sciences Tools & Services

 

     11,551,349  
Machinery – 1.3%

 

Caterpillar, Inc.

     10,595        1,893,962  

Cummins, Inc.

     2,566        496,598  

Deere & Co.

     5,512        1,650,679  

Dover Corp.

     2,708        328,534  

Fortive Corp.

     6,781        368,751  

IDEX Corp.

     1,312        238,299  

Illinois Tool Works, Inc.

     5,332        971,757  

Ingersoll Rand, Inc.

     5,932        249,618  

Otis Worldwide Corp.

     8,284        585,430  

PACCAR, Inc.

     6,919        569,710  

Parker-Hannifin Corp.

     2,534        623,491  

Stanley Black & Decker, Inc.

     3,245        340,271  

Westinghouse Air Brake Technologies Corp.

     3,712        304,681  

Xylem, Inc.

     3,443        269,174  
     

 

 

 
Total Machinery

 

     8,890,955  
Media – 0.8%

 

Charter Communications, Inc., Class A*

     2,190        1,026,081  

Comcast Corp., Class A

     89,080        3,495,499  

Liberty Broadband Corp., Class C*

     2,663        307,949  

Omnicom Group, Inc.

     3,808        242,227  

Paramount Global, Class B

     10,821        267,062  
     

 

 

 
Total Media

 

     5,338,818  
Metals & Mining – 0.4%

 

Alcoa Corp.

     3,460      157,707  

Cleveland-Cliffs, Inc.*

     8,339        128,170  

Freeport-McMoRan, Inc.

     25,061        733,285  

Newmont Corp.

     14,657        874,583  

Nucor Corp.

     4,350        454,184  

Steel Dynamics, Inc.

     3,135        207,380  
     

 

 

 
Total Metals & Mining

 

     2,555,309  
Multi-Utilities – 0.7%

 

Ameren Corp.

     3,611        326,290  

CenterPoint Energy, Inc.

     10,645        314,879  

CMS Energy Corp.

     4,578        309,015  

Consolidated Edison, Inc.

     6,266        595,897  

Dominion Energy, Inc.

     15,989        1,276,082  

DTE Energy Co.

     3,275        415,106  

Public Service Enterprise Group, Inc.

     9,113        576,671  

Sempra Energy

     5,186        779,300  

WEC Energy Group, Inc.

     5,775        581,196  
     

 

 

 
Total Multi-Utilities

 

     5,174,436  
Multiline Retail – 0.4%

 

Dollar General Corp.

     3,820        937,581  

Dollar Tree, Inc.*

     3,959        617,010  

Target Corp.

     8,592        1,213,448  
     

 

 

 
Total Multiline Retail

 

     2,768,039  
Oil, Gas & Consumable Fuels – 3.6%

 

Cheniere Energy, Inc.

     4,998        664,884  

Chevron Corp.

     38,236        5,535,808  

ConocoPhillips

     25,026        2,247,585  

Coterra Energy, Inc.

     13,136        338,777  

Devon Energy Corp.

     11,817        651,235  

Diamondback Energy, Inc.

     3,209        388,770  

EOG Resources, Inc.

     9,456        1,044,321  

Exxon Mobil Corp.

     82,549        7,069,496  

Hess Corp.

     4,717        499,719  

Kinder Morgan, Inc.

     39,942        669,428  

Marathon Oil Corp.

     12,947        291,049  

Marathon Petroleum Corp.

     10,239        841,748  

Occidental Petroleum Corp.

     18,531        1,091,105  

ONEOK, Inc.

     7,865        436,508  

Phillips 66

     9,554        783,333  

Pioneer Natural Resources Co.

     4,488        1,001,183  

Targa Resources Corp.

     4,342        259,087  

Valero Energy Corp.

     7,619        809,747  

Williams Cos., Inc.

     22,759        710,308  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     25,334,091  
Personal Products – 0.2%

 

Estee Lauder Cos., Inc., Class A

     4,634        1,180,141  
Pharmaceuticals – 4.3%

 

Bristol-Myers Squibb Co.

     39,797        3,064,369  

Catalent, Inc.*

     2,904        311,570  

Eli Lilly & Co.

     15,557        5,044,046  

Johnson & Johnson

     51,085        9,068,098  

Merck & Co., Inc.

     49,732        4,534,067  

 

See Notes to Financial Statements.

 

WisdomTree Trust      97  


Schedule of Investments (continued)

WisdomTree U.S. Efficient Core Fund (NTSX)

June 30, 2022

 

 

 

Investments    Shares      Value  

Pfizer, Inc.

     109,952      $ 5,764,783  

Royalty Pharma PLC, Class A

     7,642        321,270  

Viatris, Inc.

     21,961        229,932  

Zoetis, Inc.

     8,965        1,540,994  
     

 

 

 
Total Pharmaceuticals

 

     29,879,129  
Professional Services – 0.3%

 

CoStar Group, Inc.*

     7,297        440,812  

Equifax, Inc.

     2,376        434,285  

Jacobs Engineering Group, Inc.

     2,295        291,763  

Leidos Holdings, Inc.

     2,398        241,503  

TransUnion

     3,086        246,849  

Verisk Analytics, Inc.

     3,174        549,388  
     

 

 

 
Total Professional Services

 

     2,204,600  
Real Estate Management & Development – 0.1%

 

CBRE Group, Inc., Class A*

     6,231        458,664  
Road & Rail – 0.9%

 

CSX Corp.

     37,068        1,077,196  

JB Hunt Transport Services, Inc.

     1,562        245,968  

Norfolk Southern Corp.

     5,140        1,168,271  

Old Dominion Freight Line, Inc.

     1,710        438,239  

Uber Technologies, Inc.*

     38,179        781,142  

Union Pacific Corp.

     12,374        2,639,127  
     

 

 

 
Total Road & Rail

 

     6,349,943  
Semiconductors & Semiconductor Equipment – 4.3%

 

Advanced Micro Devices, Inc.*

     32,122        2,456,369  

Analog Devices, Inc.

     10,397        1,518,898  

Applied Materials, Inc.

     16,638        1,513,725  

Broadcom, Inc.

     6,198        3,011,050  

Enphase Energy, Inc.*

     2,355        459,790  

Entegris, Inc.

     2,144        197,527  

Intel Corp.

     75,291        2,816,636  

KLA Corp.

     2,704        862,792  

Lam Research Corp.

     2,633        1,122,053  

Marvell Technology, Inc.

     14,235        619,650  

Microchip Technology, Inc.

     10,341        600,605  

Micron Technology, Inc.

     20,993        1,160,493  

Monolithic Power Systems, Inc.

     813        312,225  

NVIDIA Corp.

     45,936        6,963,438  

ON Semiconductor Corp.*

     7,901        397,499  

QUALCOMM, Inc.

     21,870        2,793,674  

Skyworks Solutions, Inc.

     2,951        273,381  

SolarEdge Technologies, Inc.*

     1,119        306,248  

Teradyne, Inc.

     3,065        274,471  

Texas Instruments, Inc.

     17,268        2,653,228  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     30,313,752  
Software – 8.7%

 

Adobe, Inc.*

     8,876        3,249,149  

ANSYS, Inc.*

     1,522        364,199  

Atlassian Corp. PLC, Class A*

     2,264        424,274  

Autodesk, Inc.*

     4,337        745,790  

Bill.com Holdings, Inc.*

     1,772        194,814  

Cadence Design Systems, Inc.*

     5,135      770,404  

Crowdstrike Holdings, Inc., Class A*

     4,089        689,242  

Datadog, Inc., Class A*

     4,669        444,676  

DocuSign, Inc.*

     3,173        182,067  

Fortinet, Inc.*

     11,805        667,927  

HubSpot, Inc.*

     792        238,115  

Intuit, Inc.

     4,965        1,913,710  

Microsoft Corp.

     146,487        37,622,256  

NortonLifeLock, Inc.

     9,138        200,670  

Oracle Corp.

     30,176        2,108,397  

Palantir Technologies, Inc., Class A*

     32,778        297,296  

Palo Alto Networks, Inc.*

     1,934        955,280  

Paycom Software, Inc.*

     949        265,834  

Roper Technologies, Inc.

     1,860        734,049  

Salesforce, Inc.*

     18,228        3,008,349  

ServiceNow, Inc.*

     3,717        1,767,508  

Splunk, Inc.*

     3,081        272,545  

Synopsys, Inc.*

     2,701        820,294  

Trade Desk, Inc., Class A*

     7,976        334,115  

Tyler Technologies, Inc.*

     773        257,007  

Unity Software, Inc.*(a)

     3,492        128,575  

VMware, Inc., Class A

     4,042        460,707  

Workday, Inc., Class A*

     3,833        535,010  

Zoom Video Communications, Inc., Class A*

     3,302        356,517  

Zscaler, Inc.*

     1,603        239,664  
     

 

 

 
Total Software

 

     60,248,440  
Specialty Retail – 1.8%

 

AutoZone, Inc.*

     342        734,999  

Best Buy Co., Inc.

     3,731        243,224  

CarMax, Inc.*

     3,019        273,159  

Home Depot, Inc.

     20,074        5,505,696  

Lowe’s Cos., Inc.

     13,067        2,282,413  

O’Reilly Automotive, Inc.*

     1,235        780,223  

Ross Stores, Inc.

     5,694        399,890  

TJX Cos., Inc.

     23,262        1,299,183  

Tractor Supply Co.

     2,078        402,820  

Ulta Beauty, Inc.*

     969        373,530  
     

 

 

 
Total Specialty Retail

 

     12,295,137  
Technology Hardware, Storage & Peripherals – 6.2%

 

Apple, Inc.

     302,951        41,419,461  

Dell Technologies, Inc., Class C

     5,991        276,844  

Hewlett Packard Enterprise Co.

     23,851        316,264  

HP, Inc.

     19,102        626,163  

NetApp, Inc.

     3,399        221,751  

Western Digital Corp.*

     6,047        271,087  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     43,131,570  
Textiles, Apparel & Luxury Goods – 0.5%

 

lululemon athletica, Inc.*

     1,878        511,962  

NIKE, Inc., Class B

     25,340        2,589,748  

VF Corp.

     5,215        230,346  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     3,332,056  

 

See Notes to Financial Statements.

 

98   WisdomTree Trust


Schedule of Investments (continued)

WisdomTree U.S. Efficient Core Fund (NTSX)

June 30, 2022

 

 

 

Investments    Shares      Value  
Tobacco – 0.6%

 

Altria Group, Inc.

     33,617      $ 1,404,182  

Philip Morris International, Inc.

     28,984        2,861,880  
     

 

 

 
Total Tobacco

 

     4,266,062  
Trading Companies & Distributors – 0.2%

 

Fastenal Co.

     10,608        529,551  

United Rentals, Inc.*

     1,348        327,443  

W.W. Grainger, Inc.

     913        414,895  
     

 

 

 
Total Trading Companies & Distributors

 

     1,271,889  
Water Utilities – 0.1%

 

American Water Works Co., Inc.

     3,649        542,862  
Wireless Telecommunication Services – 0.2%

 

T-Mobile US, Inc.*

     12,999        1,748,885  
Total United States

 

     616,561,535  
TOTAL COMMON STOCKS

 

  
(Cost: $672,074,071)

 

     621,716,267  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.0%

 

United States – 0.0%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 1.56%(b)

     
(Cost: $184,192)      184,192      $ 184,192  

TOTAL INVESTMENTS IN SECURITIES – 89.4%

(Cost: $672,258,263)

 

 

     621,900,459  

Other Assets less Liabilities – 10.6%

 

     73,704,607  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 695,605,066  

 

* 

Non-income producing security.

Security is being fair valued using significant unobservable inputs by a pricing committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $0, which represents 0.0% of net assets.

(a) 

Security, or portion thereof, was on loan at June 30, 2022 (See Note 2). At June 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $567,142 and the total market value of the collateral held by the Fund was $600,933. The total market value of the collateral includes non-cash U.S. Government and U.S. Government Agencies securities collateral having a value of $416,741.

(b) 

Rate shown represents annualized 7-day yield as of June 30, 2022.

 

FINANCIAL DERIVATIVE INSTRUMENTS                            
FUTURES CONTRACTS (EXCHANGE-TRADED)                            
Long Exposure   Contracts     Expiration
Date
    Notional
Value
    Unrealized
Depreciation
 

2 Year U.S. Treasury Note

    385       9/30/22     $ 80,856,016     $ (468,279

5 Year U.S. Treasury Note

    728       9/30/22       81,718,000       (771,472

10 Year U.S. Treasury Note

    694       9/21/22       82,260,688       (1,084,971

U.S. Treasury Long Bond

    598       9/21/22       82,897,750       (1,155,307

Ultra 10 Year U.S. Treasury Note

    650       9/21/22       82,793,750       (1,279,280
                    $ 410,526,204     $ (4,759,309

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of June 30, 2022 in valuing the Fund’s investments (See Note 2 – Fair Value Measurement):

 

     

Quoted

Prices in

Active

Markets
(Level 1)

     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

Common Stocks

           

Interactive Media & Services

   $ 32,331,602      $      $ 0 *     $ 32,331,602  

Other

     589,384,665                      589,384,665  

Investment of Cash Collateral for Securities Loaned

            184,192               184,192  

Total Investments in Securities

   $ 621,716,267      $ 184,192      $ 0      $ 621,900,459  

Liabilities:

           

Financial Derivative Instruments

           

Futures Contracts1

   $ (4,759,309    $      $      $ (4,759,309

Total – Net

   $ 616,956,958      $ 184,192      $ 0      $ 617,141,150  
* 

Securities are being fair valued using significant unobservable inputs by the Pricing Committee.

1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

WisdomTree Trust      99  


Schedule of Investments (concluded)

WisdomTree U.S. Efficient Core Fund (NTSX)

June 30, 2022

 

 

The following is a reconciliation of assets in which significant unobservable inputs (Level 3) were used in determining fair value:

 

 

   
     Common Stocks  

 

   Russia  

Balance as of June 30, 2021

   $  

Realized gain (loss)

     9,787  

Change in unrealized appreciation (depreciation)

     (489,799

Purchases

     249,731  

Sales

     (46,281

Transfers into Level 3(1)

     276,562  

Transfers out of Level 3

      
Balance as of June 30, 2022    $ 0  

Net change in unrealized appreciation (depreciation) from investments still held as of June 30, 2022 is:

   $ (489,799
  (1) 

Transferred into Level 3 because of a lack of observable market data, resulting from a decrease in market activity for the securities.

 

100   WisdomTree Trust


Schedule of Investments

WisdomTree Artificial Intelligence and Innovation Fund (WTAI)

June 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.8%

 

Australia – 3.4%

 

IT Services – 1.2%

 

Appen Ltd.

     2,376      $ 9,166  
Software – 2.2%

 

BrainChip Holdings Ltd.*

     29,977        16,491  
Total Australia

 

     25,657  
Canada – 3.7%

 

Machinery – 1.8%

 

ATS Automation Tooling Systems, Inc.*

     500        13,702  
Software – 1.9%

 

Kinaxis, Inc.*

     128        13,789  
Total Canada

 

     27,491  
China – 8.7%

 

Auto Components – 1.5%

 

Nexteer Automotive Group Ltd.

     16,000        11,500  
Automobiles – 1.3%

 

NIO, Inc., ADR*

     455        9,883  
Interactive Media & Services – 3.0%

 

Baidu, Inc., ADR*

     89        13,237  

Tencent Holdings Ltd.

     200        9,033  
     

 

 

 
Total Interactive Media & Services

 

     22,270  
Internet & Direct Marketing Retail – 1.3%

 

Alibaba Group Holding Ltd., ADR*

     86        9,776  
Semiconductors & Semiconductor Equipment – 1.6%

 

NXP Semiconductors NV

     78        11,546  
Total China

 

     64,975  
France – 1.9%

 

Auto Components – 1.9%

 

Valeo

     742        14,293  
Israel – 1.7%

 

Health Care Equipment & Supplies – 0.7%

 

Nano-X Imaging Ltd.*

     463        5,232  
Technology Hardware, Storage & Peripherals – 1.0%

 

Nano Dimension Ltd., ADR*

     2,469        7,753  
Total Israel

 

     12,985  
Italy – 0.4%

 

Software – 0.4%

 

Kaleyra, Inc.*

     1,533        3,127  
Japan – 10.8%

 

Auto Components – 2.1%

 

Denso Corp.

     300        15,917  
Electronic Equipment, Instruments & Components – 1.4%

 

Omron Corp.

     200        10,145  
Machinery – 2.1%

 

FANUC Corp.

     100        15,634  
Software – 4.2%

 

AI inside, Inc.*

     300        8,192  

Appier Group, Inc.*

     1,400        8,770  

PKSHA Technology, Inc.*

     1,100      14,971  
     

 

 

 
Total Software

 

     31,933  
Wireless Telecommunication Services – 1.0%

 

SoftBank Group Corp.

     200        7,707  
Total Japan

 

     81,336  
Netherlands – 1.3%

 

Semiconductors & Semiconductor Equipment – 1.3%

 

ASML Holding NV, Registered shares

     20        9,518  
South Korea – 4.8%

 

Semiconductors & Semiconductor Equipment – 1.9%

 

SK Hynix, Inc.

     201        14,087  
Software – 1.1%

 

Alchera, Inc.*

     789        7,930  
Technology Hardware, Storage & Peripherals – 1.8%

 

Samsung Electronics Co. Ltd.

     316        13,873  
Total South Korea

 

     35,890  
Sweden – 2.0%

 

Electronic Equipment, Instruments & Components – 2.0%

 

Hexagon AB, Class B

     1,257        13,033  

Smart Eye AB*

     349        2,062  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     15,095  
Switzerland – 1.4%

 

Semiconductors & Semiconductor Equipment – 1.4%

 

STMicroelectronics NV

     343        10,758  
Taiwan – 6.9%

 

Semiconductors & Semiconductor Equipment – 6.9%

 

Alchip Technologies Ltd.

     500        11,670  

Macronix International Co. Ltd.

     14,000        16,715  

Nanya Technology Corp.

     7,000        11,630  

Taiwan Semiconductor Manufacturing Co. Ltd., ADR

     148        12,099  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     52,114  
United Kingdom – 1.3%

 

Software – 1.3%

 

Darktrace PLC*

     2,753        9,850  
United States – 51.5%

 

Auto Components – 1.0%

 

Luminar Technologies, Inc.*

     1,218        7,223  
Automobiles – 1.6%

 

Tesla, Inc.*

     18        12,122  
Biotechnology – 0.9%

 

Recursion Pharmaceuticals, Inc., Class A*

     808        6,577  
Consumer Finance – 0.3%

 

Upstart Holdings, Inc.*

     84        2,656  
Electrical Equipment – 0.5%

 

Stem, Inc.*

     540        3,866  
Electronic Equipment, Instruments & Components – 1.4%

 

Cognex Corp.

     257        10,928  

 

See Notes to Financial Statements.

 

WisdomTree Trust      101  


Schedule of Investments (continued)

WisdomTree Artificial Intelligence and Innovation Fund (WTAI)

June 30, 2022

 

 

 

Investments    Shares      Value  
Insurance – 0.5%

 

Lemonade, Inc.*

     197      $ 3,597  
Interactive Media & Services – 1.4%

 

Alphabet, Inc., Class A*

     5        10,896  
Internet & Direct Marketing Retail – 1.1%

 

Amazon.com, Inc.*

     80        8,497  
IT Services – 3.0%

 

Grid Dynamics Holdings, Inc.*

     625        10,512  

Snowflake, Inc., Class A*

     47        6,536  

Twilio, Inc., Class A*

     65        5,448  
     

 

 

 
Total IT Services

 

     22,496  
Life Sciences Tools & Services – 1.0%

 

Illumina, Inc.*

     39        7,190  
Machinery – 1.5%

 

Deere & Co.

     38        11,380  
Semiconductors & Semiconductor Equipment – 16.4%

 

Advanced Micro Devices, Inc.*

     126        9,635  

Analog Devices, Inc.

     98        14,317  

Ceva, Inc.*

     269        9,028  

GLOBALFOUNDRIES, Inc.*

     234        9,439  

Lattice Semiconductor Corp.*

     212        10,282  

Marvell Technology, Inc.

     248        10,795  

NVIDIA Corp.

     62        9,399  

ON Semiconductor Corp.*

     289        14,540  

QUALCOMM, Inc.

     117        14,946  

Teradyne, Inc.

     122        10,925  

Wolfspeed, Inc.*

     158      10,025  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     123,331  
Software – 19.1%

 

ANSYS, Inc.*

     31        7,418  

Appian Corp.*

     155        7,341  

Autodesk, Inc.*

     43        7,394  

C3.ai, Inc., Class A*

     382        6,975  

Cadence Design Systems, Inc.*

     102        15,303  

Cerence, Inc.*

     178        4,491  

Crowdstrike Holdings, Inc., Class A*

     79        13,316  

CS Disco, Inc.*

     285        5,141  

Dynatrace, Inc.*

     259        10,215  

Microsoft Corp.

     41        10,530  

Pegasystems, Inc.

     207        9,903  

PROS Holdings, Inc.*

     716        18,781  

Synopsys, Inc.*

     53        16,096  

UiPath, Inc., Class A*

     334        6,076  

Veritone, Inc.*

     678        4,427  
     

 

 

 
Total Software

 

     143,407  
Technology Hardware, Storage & Peripherals – 1.8%

 

Apple, Inc.

     98        13,398  
Total United States

 

     387,564  

TOTAL INVESTMENTS IN SECURITIES – 99.8%

(Cost: $1,175,982)

 

 

     750,653  

Other Assets less Liabilities – 0.2%

 

     1,370  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 752,023  
* 

Non-income producing security.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC - OVER THE COUNTER)  
Counterparty   Settlement
Date
   

Amount and
Description of
Currency to
be Purchased

   

Amount and
Description of
Currency to
be Sold

    Unrealized
Appreciation
    Unrealized
Depreciation
 

Bank of America NA

    7/1/2022       500       EUR       522       USD     $ 1     $  

Morgan Stanley & Co. International

    7/1/2022       267       EUR       38,000       JPY             (1

UBS AG

    7/5/2022       147       USD       20,000       JPY       0 ^       
                                            $ 1     $ (1
^

Amount represents less than $1.

 

See Notes to Financial Statements.

 

102   WisdomTree Trust


Schedule of Investments (concluded)

WisdomTree Artificial Intelligence and Innovation Fund (WTAI)

June 30, 2022

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of June 30, 2022 in valuing the Fund’s investments (See Note 2 - Fair Value Measurement):

 

     

Quoted
Prices in

Active

Markets
(Level 1)

     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

Common Stocks

   $ 750,653      $      $      $ 750,653  

Total Investments in Securities

   $ 750,653      $      $      $ 750,653  

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ 1      $      $ 1  

Liabilities:

  

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ (1    $      $ (1

Total – Net

   $ 750,653      $ 0      $      $ 750,653  

 

1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

WisdomTree Trust      103  


 

     

 

 

Schedule of Investments

WisdomTree Battery Value Chain and Innovation Fund (WBAT)

June 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.6%

 

Australia – 4.5%      
Metals & Mining – 4.5%      

Allkem Ltd.*

     5,281      $ 37,441  

IGO Ltd.

     1,054        7,204  

Mincor Resources NL*

     8,056        9,251  

Mineral Resources Ltd.

     108        3,585  

South32 Ltd.

     1,084        2,937  

Syrah Resources Ltd.*

     20,219        17,171  
     

 

 

 
Total Metals & Mining

 

     77,589  
Belgium – 2.9%      
Chemicals – 2.9%      

Umicore SA

     1,461        50,893  
Brazil – 0.2%      
Metals & Mining – 0.2%      

Vale SA

     233        3,411  
Canada – 0.2%      
Metals & Mining – 0.2%      

Lundin Mining Corp.

     479        3,030  
Chile – 2.0%      
Chemicals – 2.0%      

Sociedad Quimica y Minera de Chile SA, ADR

     418        34,916  
China – 31.4%      
Chemicals – 10.6%      

Do-Fluoride New Materials Co. Ltd., Class A

     2,100        15,320  

Guangzhou Tinci Materials Technology Co. Ltd., Class A

     1,900        17,588  

Ningbo Shanshan Co. Ltd., Class A

     3,600        15,959  

Shandong Shida Shenghua Chemical Group Co. Ltd., Class A

     300        6,504  

Shanghai Putailai New Energy Technology Co. Ltd., Class A

     2,200        27,696  

Shenzhen Capchem Technology Co. Ltd., Class A

     2,640        20,697  

Shenzhen Dynanonic Co. Ltd., Class A

     300        18,288  

Sichuan Yahua Industrial Group Co. Ltd., Class A

     6,600        32,143  

Yunnan Energy New Material Co. Ltd., Class A

     800        29,886  
     

 

 

 
Total Chemicals

 

     184,081  
Construction & Engineering – 0.6%      

China Energy Engineering Corp. Ltd., Class H

     74,000        10,279  
Electrical Equipment – 14.7%      

Beijing Easpring Material Technology Co. Ltd., Class A

     800        10,780  

Camel Group Co. Ltd., Class A*

     33,200        55,117  

Contemporary Amperex Technology Co. Ltd., Class A

     700        55,756  

East Group Co. Ltd., Class A*

     15,600        18,895  

Jiangxi Special Electric Motor Co. Ltd., Class A*

     5,700        21,289  

NARI Technology Co. Ltd., Class A

     12,720        51,228  

Ningbo Ronbay New Energy Technology Co. Ltd., Class A

     2,220        42,862  
     

 

 

 
Total Electrical Equipment

 

     255,927  
Energy Equipment & Services – 0.3%      

Cangzhou Mingzhu Plastic Co. Ltd., Class A

     5,500        5,103  
Metals & Mining – 4.5%      

China Nonferrous Mining Corp. Ltd.

     16,000      7,381  

Ganfeng Lithium Co. Ltd., Class A

     2,500        55,450  

Jinchuan Group International Resources Co. Ltd.

     32,000        4,200  

Nanjing Hanrui Cobalt Co. Ltd., Class A

     600        5,184  

Xiamen Tungsten Co. Ltd., Class A

     2,000        6,450  
     

 

 

 
Total Metals & Mining

 

     78,665  
Pharmaceuticals – 0.4%      

Zhejiang NHU Co. Ltd., Class A

     2,280        7,757  
Semiconductors & Semiconductor Equipment – 0.3%      

NXP Semiconductors NV

     30        4,441  
Total China

 

     546,253  
Finland – 1.1%      
Machinery – 1.1%      

Wartsila Oyj Abp

     2,535        19,691  
France – 3.6%      
Aerospace & Defense – 0.9%      

Airbus SE*

     161        15,561  
Automobiles – 0.5%      

Renault SA*

     359        8,929  
Electric Utilities – 0.8%      

Electricite de France SA

     1,702        13,890  
Metals & Mining – 0.4%      

Eramet SA

     55        5,701  
Multi-Utilities – 1.0%      

Engie SA

     1,549        17,758  
Total France

 

     61,839  
Germany – 8.4%      
Automobiles – 1.7%      

Bayerische Motoren Werke AG

     332        25,497  

Mercedes-Benz Group AG, Registered Shares

     74        4,272  
Total Automobiles

 

     29,769  
Chemicals – 2.9%

 

BASF SE

     1,176        51,053  
Electrical Equipment – 1.5%

 

SFC Energy AG*

     523        13,095  

SGL Carbon SE*

     2,002        12,527  
     

 

 

 
Total Electrical Equipment

 

     25,622  
Industrial Conglomerates – 0.9%

 

Siemens AG, Registered Shares

     147        14,921  
Multi-Utilities – 1.2%

 

E.ON SE

     2,515        21,055  
Semiconductors & Semiconductor Equipment – 0.2%

 

Infineon Technologies AG

     135        3,259  
Total Germany

 

     145,679  
Indonesia – 3.5%

 

Metals & Mining – 3.5%

 

Aneka Tambang Tbk

     42,100        5,087  

Nickel Industries Ltd.

     9,621        6,450  

 

See Notes to Financial Statements.

 

104   WisdomTree Trust


 

     

 

 

Schedule of Investments (continued)

WisdomTree Battery Value Chain and Innovation Fund (WBAT)

June 30, 2022

 

 

 

Investments    Shares      Value  

Vale Indonesia Tbk PT*

     128,000      $ 48,545  
     

 

 

 
Total Metals & Mining

 

     60,082  
Japan – 16.7%

 

Auto Components – 0.3%

 

Denso Corp.

     100        5,306  
Automobiles – 1.8%

 

Honda Motor Co. Ltd., ADR

     205        4,951  

Nissan Motor Co. Ltd.

     5,200        20,217  

Toyota Motor Corp.

     400        6,183  
     

 

 

 
Total Automobiles

 

     31,351  
Building Products – 0.5%

 

Central Glass Co. Ltd.

     400        9,083  
Chemicals – 3.6%

 

Asahi Kasei Corp.

     1,500        11,439  

Showa Denko KK

     400        6,789  

Tanaka Chemical Corp.*

     800        6,548  

W-Scope Corp.*

     2,300        38,448  
     

 

 

 
Total Chemicals

 

     63,224  
Electrical Equipment – 1.9%

 

Fujikura Ltd.

     1,000        5,661  

GS Yuasa Corp.

     1,200        18,752  

Nippon Carbon Co. Ltd.

     300        8,811  
     

 

 

 
Total Electrical Equipment

 

     33,224  
Electronic Equipment, Instruments & Components – 3.7%

 

Iriso Electronics Co. Ltd.

     200        4,733  

TDK Corp.

     1,900        58,599  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     63,332  
Household Durables – 0.2%

 

Panasonic Holdings Corp.

     500        4,036  
Industrial Conglomerates – 0.5%

 

Toshiba Corp.

     200        8,119  
Machinery – 0.6%

 

Mitsubishi Heavy Industries Ltd.

     300        10,478  
Metals & Mining – 1.6%

 

Nippon Denko Co. Ltd.

     9,700        24,776  

Sumitomo Metal Mining Co. Ltd.

     100        3,128  
     

 

 

 
Total Metals & Mining

 

     27,904  
Oil, Gas & Consumable Fuels – 2.0%

 

Iwatani Corp.

     900        34,647  
Total Japan

 

     290,704  
Netherlands – 2.8%

 

Electrical Equipment – 2.8%

 

Alfen Beheer BV*(a)

     528        48,664  
Russia – 0.0%

 

Metals & Mining – 0.0%

 

MMC Norilsk Nickel PJSC, ADR

     342        0  
South Africa – 0.2%

 

Metals & Mining – 0.2%

 

African Rainbow Minerals Ltd.

     213      2,779  
South Korea – 5.0%

 

Automobiles – 0.3%

 

Hyundai Motor Co.

     33        4,587  
Chemicals – 2.0%

 

LG Chem Ltd.

     54        21,460  

Soulbrain Co. Ltd.

     72        12,677  
     

 

 

 
Total Chemicals

 

     34,137  
Electrical Equipment – 1.6%

 

Ecopro BM Co. Ltd.

     136        11,889  

Hyundai Electric & Energy System Co. Ltd.*

     216        4,217  

LS Electric Co. Ltd.

     260        11,534  
     

 

 

 
Total Electrical Equipment

 

     27,640  
Electronic Equipment, Instruments & Components – 1.1%

 

Samsung SDI Co. Ltd.

     49        20,077  
Total South Korea

 

     86,441  
Sweden – 0.4%

 

Machinery – 0.2%

 

Volvo AB, Class B

     283        4,374  
Metals & Mining – 0.2%

 

Boliden AB*

     104        3,302  
Total Sweden               7,676  
Taiwan – 1.5%

 

Electronic Equipment, Instruments & Components – 1.5%

 

Simplo Technology Co. Ltd.*

     3,000        25,678  
United Kingdom – 1.6%

 

Aerospace & Defense – 1.0%

 

Rolls-Royce Holdings PLC*

     17,398        17,527  
Chemicals – 0.6%

 

Johnson Matthey PLC

     443        10,359  
Total United Kingdom               27,886  
United States – 13.6%

 

Aerospace & Defense – 1.5%

 

Boeing Co.*

     71        9,707  

Lockheed Martin Corp.

     40        17,198  
     

 

 

 
Total Aerospace & Defense               26,905  
Auto Components – 2.4%

 

Solid Power, Inc.*

     7,771        41,808  
Automobiles – 1.5%

 

General Motors Co.*

     225        7,146  

Tesla, Inc.*

     28        18,856  
     

 

 

 
Total Automobiles               26,002  
Construction & Engineering – 0.5%

 

Primoris Services Corp.

     441        9,596  
Electrical Equipment – 4.2%

 

EnerSys

     698        41,154  

GrafTech International Ltd.

     692        4,893  

 

See Notes to Financial Statements.

 

WisdomTree Trust      105  


Schedule of Investments (concluded)

WisdomTree Battery Value Chain and Innovation Fund (WBAT)

June 30, 2022

 

 

 

Investments    Shares      Value  

SES AI Corp.*

     6,640      $ 26,095  
     

 

 

 
Total Electrical Equipment               72,142  
Electronic Equipment, Instruments & Components – 0.6%

 

Amphenol Corp., Class A

     77        4,957  

Belden, Inc.

     98        5,221  
     

 

 

 
Total Electronic Equipment, Instruments & Components               10,178  
Independent Power & Renewable Electricity Producers – 0.6%

 

AES Corp.

     493        10,358  
Industrial Conglomerates – 0.4%

 

General Electric Co.

     114        7,258  
Machinery – 1.0%

 

Caterpillar, Inc.

     74        13,228  

ITT, Inc.

     52        3,497  
     

 

 

 
Total Machinery               16,725  
Metals & Mining – 0.2%

 

Steel Dynamics, Inc.

     60      3,969  
Semiconductors & Semiconductor Equipment – 0.7%

 

QUALCOMM, Inc.

     59        7,537  

Texas Instruments, Inc.

     30        4,609  
     

 

 

 
Total Semiconductors & Semiconductor Equipment               12,146  
Total United States               237,087  

TOTAL INVESTMENTS IN SECURITIES – 99.6%

(Cost: $1,886,223)

 

 

     1,730,298  

Other Assets less Liabilities – 0.4%

 

     6,838  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 1,737,136  

 

* 

Non-income producing security.

 

 

Security is being fair valued using significant unobservable inputs by a pricing committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $0, which represents 0.0% of net assets.

 

(a)

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
   

Amount and
Description of
Currency to
be Purchased

   

Amount and
Description of
Currency to
be Sold

    Unrealized
Appreciation
    Unrealized
Depreciation
 

Deutsche Bank AG

    7/5/2022       885       USD       120,000       JPY     $ 2     $  

Goldman Sachs

    7/5/2022       553       USD       800       AUD       3        

State Street Bank and Trust

    7/1/2022       269,000       TWD       9,050       USD             (3
                                            $ 5     $ (3

 

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of June 30, 2022 in valuing the Fund’s investments (See Note 2 – Fair Value Measurement):

 

     Quoted
Prices in
Active
Markets
(Level 1)
    Other
Significant
Observable
Inputs
(Level 2)
    Significant
Unobservable
Inputs
(Level 3)
    Total  

Assets:

     

Investments in Securities

       

Common Stocks

       

Metals & Mining

  $ 266,432     $     $ 0 *    $ 266,432  

Other

    1,463,866                   1,463,866  

Total Investments in Securities

  $ 1,730,298     $     $ 0     $ 1,730,298  

Financial Derivative Instruments

       

Foreign Currency Contracts1

  $     $ 5     $     $ 5  

Liabilities:

     

Financial Derivative Instruments

       

Foreign Currency Contracts1

  $     $ (3   $     $ (3

Total – Net

  $ 1,730,298     $ 2     $ 0     $ 1,730,300  
* 

Securities are being fair valued using significant unobservable inputs by the Pricing Committee.

 

1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

106   WisdomTree Trust


Schedule of Investments

WisdomTree BioRevolution Fund (WDNA)

June 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.9%

 

Canada – 0.7%

 

Chemicals – 0.7%

 

Nutrien Ltd.

     416      $ 33,151  
Denmark – 3.6%

 

Biotechnology – 1.1%

 

Genmab A/S, ADR*

     1,600        51,984  
Chemicals – 2.5%

 

Chr Hansen Holding A/S

     649        47,133  

Novozymes A/S, Class B

     1,181        70,727  
     

 

 

 
Total Chemicals

 

     117,860  
Total Denmark

 

     169,844  
Germany – 4.6%

 

Biotechnology – 1.3%

 

BioNTech SE, ADR

     368        54,869  

CureVac NV*

     615        8,370  
     

 

 

 
Total Biotechnology

 

     63,239  
Life Sciences Tools & Services – 0.8%

 

Evotec SE*

     1,517        36,477  
Oil, Gas & Consumable Fuels – 1.3%

 

VERBIO Vereinigte BioEnergie AG

     1,224        61,422  
Pharmaceuticals – 1.2%

 

Bayer AG, Registered Shares

     929        55,088  
Total Germany

 

     216,226  
Japan – 2.5%

 

Biotechnology – 1.0%

 

Takara Bio, Inc.

     3,500        49,567  
Pharmaceuticals – 1.5%

 

Takeda Pharmaceutical Co. Ltd.

     2,500        70,259  
Total Japan

 

     119,826  
Netherlands – 2.2%

 

Biotechnology – 0.5%

 

uniQure NV*

     1,346        25,090  
Life Sciences Tools & Services – 1.7%

 

QIAGEN NV*

     1,655        78,116  
Total Netherlands

 

     103,206  
Norway – 0.4%

 

Chemicals – 0.4%

 

Borregaard ASA

     1,138        18,453  
Sweden – 1.0%

 

Biotechnology – 0.8%

 

Vitrolife AB

     1,626        37,320  
Life Sciences Tools & Services – 0.2%

 

BICO Group AB, Class B*

     926        8,017  
Total Sweden

 

     45,337  
Switzerland – 1.7%

 

Biotechnology – 0.5%

 

CRISPR Therapeutics AG*

     373        22,667  
Pharmaceuticals – 1.2%

 

Novartis AG, Registered Shares

     677        57,174  
Total Switzerland

 

     79,841  
United Kingdom – 6.0%

 

Biotechnology – 0.7%

 

Genus PLC

     1,114      33,931  
Life Sciences Tools & Services – 0.3%

 

Oxford Nanopore Technologies PLC*

     3,728        12,518  
Pharmaceuticals – 5.0%

 

AstraZeneca PLC, ADR

     2,143        141,588  

GSK PLC

     4,262        91,387  
     

 

 

 
Total Pharmaceuticals

 

     232,975  
Total United Kingdom

 

     279,424  
United States – 77.2%

 

Biotechnology – 36.6%

 

2seventy bio, Inc.*

     583        7,696  

Agenus, Inc.*

     17,795        34,522  

Agios Pharmaceuticals, Inc.*

     1,212        26,870  

Allogene Therapeutics, Inc.*

     3,906        44,528  

Alnylam Pharmaceuticals, Inc.*

     394        57,465  

Amgen, Inc.

     339        82,479  

Amicus Therapeutics, Inc.*

     5,133        55,128  

Arcturus Therapeutics Holdings, Inc.*

     1,387        21,831  

Arrowhead Pharmaceuticals, Inc.*

     593        20,880  

Beam Therapeutics, Inc.*

     606        23,458  

Biogen, Inc.*

     291        59,347  

BioMarin Pharmaceutical, Inc.*

     747        61,904  

Blueprint Medicines Corp.*

     763        38,539  

Bridgebio Pharma, Inc.*

     1,098        9,970  

Editas Medicine, Inc.*

     1,134        13,415  

Exact Sciences Corp.*

     433        17,056  

Fate Therapeutics, Inc.*

     475        11,770  

Generation Bio Co.*

     1,590        10,430  

Geron Corp.*

     23,523        36,461  

Gilead Sciences, Inc.

     1,256        77,633  

Gossamer Bio, Inc.*

     6,857        57,393  

Inovio Pharmaceuticals, Inc.*

     9,524        16,477  

Intellia Therapeutics, Inc.*

     311        16,097  

Ionis Pharmaceuticals, Inc.*

     1,002        37,094  

Iovance Biotherapeutics, Inc.*

     1,386        15,301  

MacroGenics, Inc.*

     1,408        4,154  

Mirati Therapeutics, Inc.*

     237        15,910  

Moderna, Inc.*

     284        40,569  

Myriad Genetics, Inc.*

     2,133        38,757  

Natera, Inc.*

     579        20,520  

Novavax, Inc.*

     241        12,395  

Precigen, Inc.*

     7,643        10,242  

Regeneron Pharmaceuticals, Inc.*

     134        79,211  

REGENXBIO, Inc.*

     2,330        57,551  

Rocket Pharmaceuticals, Inc.*

     853        11,737  

Sana Biotechnology, Inc.*

     4,262        27,405  

Sangamo Therapeutics, Inc.*

     5,604        23,201  

Sarepta Therapeutics, Inc.*

     799        59,893  

Seagen, Inc.*

     440        77,854  

Sorrento Therapeutics, Inc.*

     5,406        10,866  

Stoke Therapeutics, Inc.*

     2,181        28,811  

 

See Notes to Financial Statements.

 

WisdomTree Trust      107  


Schedule of Investments (concluded)

WisdomTree BioRevolution Fund (WDNA)

June 30, 2022

 

 

 

Investments    Shares      Value  

Turning Point Therapeutics, Inc.*

     673      $ 50,643  

Twist Bioscience Corp.*

     355        12,411  

Ultragenyx Pharmaceutical, Inc.*

     562        33,529  

United Therapeutics Corp.*

     84        19,794  

Vaxart, Inc.*

     5,344        18,704  

VBI Vaccines, Inc.*

     12,803        10,351  

Veracyte, Inc.*

     1,913        38,069  

Vericel Corp.*

     914        23,014  

Vertex Pharmaceuticals, Inc.*

     380        107,080  

Verve Therapeutics, Inc.*

     1,762        26,923  
     

 

 

 
Total Biotechnology

 

     1,713,338  
Chemicals – 5.8%

 

Amyris, Inc.*

     4,277        7,913  

Corteva, Inc.

     1,544        83,592  

Dow, Inc.

     1,199        61,880  

DuPont de Nemours, Inc.

     719        39,962  

FMC Corp.

     691        73,944  

Ginkgo Bioworks Holdings, Inc.*

     2,656        6,321  
     

 

 

 
Total Chemicals

 

     273,612  
Food Products – 5.4%

 

Archer-Daniels-Midland Co.

     1,158        89,861  

Benson Hill, Inc.*

     7,711        21,128  

Beyond Meat, Inc.*

     447        10,701  

Darling Ingredients, Inc.*

     1,076        64,345  

Tyson Foods, Inc., Class A

     763        65,664  
     

 

 

 
Total Food Products

 

     251,699  
Health Care Providers & Services – 1.6%

 

Invitae Corp.*

     1,679        4,097  

Laboratory Corp. of America Holdings

     302        70,776  
     

 

 

 
Total Health Care Providers & Services

 

     74,873  
Life Sciences Tools & Services – 13.5%

 

10X Genomics, Inc., Class A*

     276        12,489  

Agilent Technologies, Inc.

     608        72,212  

Berkeley Lights, Inc.*

     4,098      20,367  

Bio-Rad Laboratories, Inc., Class A*

     96        47,520  

Bio-Techne Corp.

     181        62,742  

Codexis, Inc.*

     1,004        10,502  

Danaher Corp.

     323        81,887  

Illumina, Inc.*

     204        37,609  

NanoString Technologies, Inc.*

     765        9,715  

NeoGenomics, Inc.*

     1,819        14,825  

Pacific Biosciences of California, Inc.*

     1,136        5,021  

PerkinElmer, Inc.

     632        89,883  

Personalis, Inc.*

     2,411        8,318  

Repligen Corp.*

     425        69,020  

Thermo Fisher Scientific, Inc.

     170        92,358  
     

 

 

 
Total Life Sciences Tools & Services

 

     634,468  
Oil, Gas & Consumable Fuels – 2.0%

 

Alto Ingredients, Inc.*

     9,931        36,844  

Green Plains, Inc.*

     1,986        53,960  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     90,804  
Pharmaceuticals – 12.3%

 

Catalent, Inc.*

     740        79,395  

Eli Lilly & Co.

     427        138,446  

Johnson & Johnson

     482        85,560  

Merck & Co., Inc.

     991        90,350  

Pfizer, Inc.

     2,068        108,425  

Zoetis, Inc.

     443        76,147  
     

 

 

 
Total Pharmaceuticals

 

     578,323  
Total United States

 

     3,617,117  

TOTAL INVESTMENTS IN SECURITIES – 99.9%

(Cost: $5,897,514)

 

 

     4,682,425  

Other Assets less Liabilities – 0.1%

 

     5,330  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 4,687,755  

*    Non-income producing security.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of June 30, 2022 in valuing the Fund’s investments (See Note 2 – Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

 

     

Common Stocks

   $ 4,682,425      $      $      $ 4,682,425  

Total Investments in Securities

   $ 4,682,425      $      $      $ 4,682,425  

 

See Notes to Financial Statements.

 

108   WisdomTree Trust


Schedule of Investments

WisdomTree Cloud Computing Fund (WCLD)

June 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 100.0%

 

Brazil – 0.8%

 

Interactive Media & Services – 0.8%

 

VTEX, Class A*

     1,596,910      $ 4,918,483  
Canada – 0.9%

 

IT Services – 0.9%

 

Shopify, Inc., Class A*

     185,734        5,802,330  
China – 1.4%

 

Software – 1.4%

 

Agora, Inc., ADR*

     1,358,333        8,924,248  
Israel – 3.1%

 

IT Services – 1.4%

 

Wix.com Ltd.*

     137,326        9,001,719  
Software – 1.7%

 

JFrog Ltd.*

     502,482        10,587,296  
Total Israel               19,589,015  
United States – 93.8%

 

Diversified Consumer Services – 2.1%

 

2U, Inc.*(a)

     1,236,849        12,949,809  
Health Care Technology – 3.7%

 

Definitive Healthcare Corp.*(a)

     556,968        12,771,276  

Veeva Systems, Inc., Class A*

     54,832        10,858,929  
     

 

 

 
Total Health Care Technology               23,630,205  
Interactive Media & Services – 2.2%

 

Vimeo, Inc.*

     967,596        5,824,928  

ZoomInfo Technologies, Inc., Class A*

     233,946        7,776,365  
     

 

 

 
Total Interactive Media & Services               13,601,293  
IT Services – 11.9%

 

BigCommerce Holdings, Inc., Series 1*(a)

     480,286        7,780,633  

Block, Inc.*

     124,232        7,635,299  

Cloudflare, Inc., Class A*

     127,072        5,559,400  

DigitalOcean Holdings, Inc.*(a)

     234,270        9,689,407  

Fastly, Inc., Class A*(a)

     649,342        7,538,861  

Okta, Inc.*

     73,928        6,683,091  

PayPal Holdings, Inc.*

     119,192        8,324,369  

Snowflake, Inc., Class A*

     44,454        6,181,773  

Squarespace, Inc., Class A*(a)

     434,007        9,079,427  

Twilio, Inc., Class A*

     77,106        6,462,254  
     

 

 

 
Total IT Services               74,934,514  
Software – 73.9%

 

Adobe, Inc.*

     26,886        9,841,889  

Amplitude, Inc., Class A*(a)

     592,133        8,461,581  

Appfolio, Inc., Class A*

     105,139        9,529,799  

Asana, Inc., Class A*(a)

     191,871        3,373,092  

Atlassian Corp. PLC, Class A*

     39,719        7,443,341  

Avalara, Inc.*

     131,298        9,269,639  

Bill.com Holdings, Inc.*

     54,356        5,975,899  

Blackline, Inc.*

     170,674        11,366,888  

Blend Labs, Inc., Class A*(a)

     1,325,902        3,129,129  

Box, Inc., Class A*

     470,220        11,821,331  

C3.ai, Inc., Class A*

     575,462        10,507,936  

Clearwater Analytics Holdings, Inc., Class A*

     663,810      7,992,272  

Confluent, Inc., Class A*(a)

     258,762        6,013,629  

Coupa Software, Inc.*

     105,186        6,006,121  

Crowdstrike Holdings, Inc., Class A*

     74,103        12,490,802  

CS Disco, Inc.*(a)

     373,967        6,746,365  

Datadog, Inc., Class A*

     77,172        7,349,861  

DocuSign, Inc.*

     110,722        6,353,228  

Domo, Inc., Class B*

     288,504        8,020,411  

Dropbox, Inc., Class A*

     535,164        11,233,092  

Elastic NV*

     150,840        10,207,343  

Enfusion, Inc., Class A*

     786,544        8,030,614  

Everbridge, Inc.*

     268,670        7,493,206  

Freshworks, Inc., Class A*(a)

     646,581        8,502,540  

Gitlab, Inc., Class A*

     199,605        10,607,010  

HubSpot, Inc.*

     24,617        7,401,101  

Monday.com Ltd.*

     62,786        6,477,004  

nCino, Inc.*(a)

     287,491        8,889,222  

New Relic, Inc.*

     183,456        9,181,973  

Olo, Inc., Class A*(a)

     745,494        7,358,026  

PagerDuty, Inc.*(a)

     386,143        9,568,624  

Paycom Software, Inc.*

     38,893        10,894,707  

Paylocity Holding Corp.*

     61,969        10,808,633  

Procore Technologies, Inc.*

     191,348        8,685,286  

Q2 Holdings, Inc.*

     197,893        7,632,733  

Qualtrics International, Inc., Class A*

     422,417        5,284,437  

Qualys, Inc.*

     103,571        13,064,446  

RingCentral, Inc., Class A*

     83,205        4,348,293  

Riskified Ltd., Class A*(a)

     1,698,510        7,541,384  

Salesforce, Inc.*

     63,169        10,425,412  

SentinelOne, Inc., Class A*

     312,825        7,298,207  

ServiceNow, Inc.*

     22,449        10,674,948  

Smartsheet, Inc., Class A*

     220,325        6,924,815  

Sprinklr, Inc., Class A*(a)

     1,007,721        10,188,059  

Sprout Social, Inc., Class A*

     231,847        13,463,355  

Sumo Logic, Inc.*

     1,053,838        7,893,247  

Tenable Holdings, Inc.*

     262,173        11,905,276  

UiPath, Inc., Class A*

     320,850        5,836,261  

Workday, Inc., Class A*

     57,837        8,072,888  

Workiva, Inc.*

     118,449        7,816,449  

Yext, Inc.*

     1,651,934        7,896,244  

Zendesk, Inc.*

     103,723        7,682,763  

Zoom Video Communications, Inc., Class A*

     96,732        10,444,154  

Zscaler, Inc.*

     48,054        7,184,554  

Zuora, Inc., Class A*(a)

     843,188        7,546,533  
     

 

 

 
Total Software               466,156,052  
Total United States               591,271,873  

TOTAL COMMON STOCKS

(Cost: $1,127,563,577)

 

 

     630,505,949  

 

See Notes to Financial Statements.

 

WisdomTree Trust      109  


Schedule of Investments (concluded)

WisdomTree Cloud Computing Fund (WCLD)

June 30, 2022

 

 

 

Investments    Shares      Value  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 4.4%

 

United States – 4.4%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 1.56%(b)

     
(Cost: $28,111,122)      28,111,122      $ 28,111,122  

TOTAL INVESTMENTS IN SECURITIES – 104.4%

(Cost: $1,155,674,699)

 

 

     658,617,071  

Other Assets less Liabilities – (4.4)%

 

     (27,966,515
     

 

 

 
NET ASSETS – 100.0%

 

   $ 630,650,556  
* 

Non-income producing security.

(a) 

Security, or portion thereof, was on loan at June 30, 2022 (See Note 2). At June 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $53,091,540 and the total market value of the collateral held by the Fund was $55,629,011. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $27,517,889.

(b) 

Rate shown represents annualized 7-day yield as of June 30, 2022.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of June 30, 2022 in valuing the Fund’s investments (See Note 2 – Fair Value Measurement):

 

    

Quoted

Prices in

Active

Markets
(Level 1)

    Other
Significant
Observable
Inputs
(Level 2)
    Significant
Unobservable
Inputs
(Level 3)
    Total  

Assets:

       

Investments in Securities

       

Common Stocks

  $ 630,505,949     $     $     $ 630,505,949  

Investment of Cash Collateral for Securities Loaned

          28,111,122             28,111,122  

Total Investments in Securities

  $ 630,505,949     $ 28,111,122     $     $ 658,617,071  

 

See Notes to Financial Statements.

 

110   WisdomTree Trust


Schedule of Investments

WisdomTree Cybersecurity Fund (WCBR)

June 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.7%

 

Canada – 1.1%

 

Software – 1.1%

 

Absolute Software Corp.

     41,737      $ 359,146  
Israel – 4.7%

 

Communications Equipment – 2.2%

 

Radware Ltd.*

     33,471        725,317  
Software – 2.5%

 

Tufin Software Technologies Ltd.*(a)

     63,749        800,687  
Total Israel

 

     1,526,004  
Japan – 3.7%

 

Software – 3.7%

 

Trend Micro, Inc.

     24,800        1,208,465  
South Korea – 3.1%

 

Software – 3.1%

 

Ahnlab, Inc.

     15,264        1,015,719  
United Kingdom – 3.5%

 

Software – 3.5%

 

Darktrace PLC*(a)

     325,665        1,165,154  
United States – 83.6%

 

IT Services – 13.4%

 

Akamai Technologies, Inc.*

     13,137        1,199,802  

Cloudflare, Inc., Class A*

     21,498        940,538  

Fastly, Inc., Class A*(a)

     97,487        1,131,824  

Okta, Inc.*

     12,400        1,120,960  
     

 

 

 
Total IT Services

 

     4,393,124  
Software – 70.2%

 

Crowdstrike Holdings, Inc., Class A*

     9,998        1,685,263  

CyberArk Software Ltd.*

     7,154        915,426  

Datadog, Inc., Class A*

     15,000        1,428,600  

Elastic NV*

     19,923        1,348,189  

ForgeRock, Inc., Class A*

     67,345        1,442,530  

Fortinet, Inc.*

     25,598      1,448,335  

HashiCorp, Inc., Class A*(a)

     42,718        1,257,618  

Palo Alto Networks, Inc.*

     3,486        1,721,875  

Ping Identity Holding Corp.*

     77,864        1,412,453  

Qualys, Inc.*

     8,394        1,058,819  

Rapid7, Inc.*

     18,591        1,241,879  

Sailpoint Technologies Holdings, Inc.*

     32,633        2,045,436  

SentinelOne, Inc., Class A*

     43,610        1,017,421  

Splunk, Inc.*

     8,821        780,306  

Sumo Logic, Inc.*

     146,779        1,099,375  

Tenable Holdings, Inc.*

     27,451        1,246,550  

Varonis Systems, Inc.*

     26,680        782,257  

Zscaler, Inc.*

     7,135        1,066,754  
     

 

 

 
Total Software

 

     22,999,086  
Total United States

 

     27,392,210  

TOTAL COMMON STOCKS

(Cost: $48,105,009)

 

 

     32,666,698  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.7%

 

United States – 3.7%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 1.56%(b)

     
(Cost: $1,201,992)      1,201,992        1,201,992  

TOTAL INVESTMENTS IN SECURITIES – 103.4%

(Cost: $49,307,001)

 

 

     33,868,690  

Other Assets less Liabilities – (3.4)%

 

     (1,106,779
     

 

 

 
NET ASSETS – 100.0%

 

   $ 32,761,911  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at June 30, 2022 (See Note 2). At June 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $3,145,726 and the total market value of the collateral held by the Fund was $3,518,567. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $2,316,575.

 

(b) 

Rate shown represents annualized 7-day yield as of June 30, 2022.

 

FAIR VALUATION SUMMARY  

The following is a summary of the fair valuations according to the inputs used as of June 30, 2022 in valuing the Fund’s investments (See Note 2 – Fair Value Measurement):

 

 

     Quoted
Prices in
Active
Markets
(Level 1)
    Other
Significant
Observable
Inputs
(Level 2)
    Significant
Unobservable
Inputs
(Level 3)
    Total  

Assets:

 

   

Investments in Securities

 

Common Stocks

  $ 32,666,698     $     $     $ 32,666,698  

Investment of Cash Collateral for Securities Loaned

          1,201,992             1,201,992  

Total Investments in Securities

  $ 32,666,698     $ 1,201,992     $  —     $ 33,868,690  

 

See Notes to Financial Statements.

 

WisdomTree Trust      111  


Statements of Assets and Liabilities

WisdomTree Trust

June 30, 2022

 

 

 

      WisdomTree
Dynamic
Currency
Hedged
International
Equity Fund
     WisdomTree
Dynamic
Currency
Hedged
International
SmallCap
Equity Fund
    

WisdomTree
Emerging
Markets ESG

Fund

     WisdomTree
International
ESG Fund
     WisdomTree
U.S. Corporate
Bond Fund
 

ASSETS:

 

Investments, at cost

   $ 179,176,812      $ 68,783,030      $ 24,714,399      $ 7,832,585      $ 45,893,985  

Foreign currency, at cost

     500,876        423,193        16,400        6,319         

Investments in securities, at value1,2 (Note 2)

     170,095,450        59,664,006        25,572,911        7,598,369        40,461,316  

Cash

     694,024        123,641        3,612        1,624        234,521  

Foreign currency, at value

     501,212        422,973        16,336        6,335         

Unrealized appreciation on foreign currency contracts

     4,246,779        1,590,247               1         

Receivables:

 

Investment securities sold

     9,875                              

Capital shares sold

     6,069,704        2,703,016                       

Dividends

     311,001        167,280        145,277        16,152         

Securities lending income

     6,959        2,256        546        117        456  

Interest

                                 392,839  

Foreign tax reclaims

     453,788        71,099        617        29,104         

Other (Note 6)

     17,685        2,225                       

Total Assets

     182,406,477        64,746,743        25,739,299        7,651,702        41,089,132  

LIABILITIES:

 

Unrealized depreciation on foreign currency contracts

     29,341        14,332                       

Payables:

 

Cash collateral received for securities loaned (Note 2)

     4,556,691        2,406,651        224,927        203,121        398,348  

Investment securities purchased

     9,688,785        4,184,113                       

Advisory fees (Note 3)

     55,264        22,501        6,999        1,918        6,059  

Service fees (Note 2)

     608        206        96        28        148  

Foreign capital gains tax

                   26,192                

Other (Note 6)

     5,305        668                       

 

  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total Liabilities

     14,335,994        6,628,471        258,214        205,067        404,555  

NET ASSETS

   $ 168,070,483      $ 58,118,272      $ 25,481,085      $ 7,446,635      $ 40,684,577  

NET ASSETS:

 

Paid-in capital

   $ 208,928,322      $ 70,120,434      $ 34,385,735      $ 10,973,650      $ 48,593,258  

Total distributable earnings (loss)

     (40,857,839      (12,002,162      (8,904,650      (3,527,015      (7,908,681

NET ASSETS

   $ 168,070,483      $ 58,118,272      $ 25,481,085      $ 7,446,635      $ 40,684,577  

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     6,050,000        1,950,000        900,000        300,000        900,000  

Net asset value per share

   $ 27.78      $ 29.80      $ 28.31      $ 24.82      $ 45.21  

1 Includes market value of securities out on loan of:

   $ 6,762,760      $ 5,221,005      $ 601,144      $ 292,233      $ 643,606  

2 Investments in securities include investment of cash collateral for securities loaned (see Schedule of Investments for additional information).

 

See Notes to Financial Statements.

 

112   WisdomTree Trust


Statements of Assets and Liabilities (continued)

WisdomTree Trust

June 30, 2022

 

 

 

      WisdomTree
U.S. High Yield
Corporate Bond
Fund
     WisdomTree
U.S. Short-
Term
Corporate
Bond Fund
     WisdomTree
Emerging
Markets
Efficient Core
Fund
     WisdomTree
International
Efficient Core
Fund
     WisdomTree U.S.
Efficient Core
Fund
 

ASSETS:

 

Investments, at cost

   $ 214,704,506      $ 45,473,288      $ 37,738,221      $ 86,540,020      $ 672,258,263  

Foreign currency, at cost

                   66,740        261,431         

Investments in securities, at value1,2 (Note 2)

     184,921,888        43,619,517        30,841,814        67,773,117        621,900,459  

Cash

     2,098,553        212,710        3,086,035        7,455,826        63,474,097  

Deposits at broker for futures contracts

                   391,135        887,579        6,751,985  

Foreign currency, at value

                   65,482        259,766         

Unrealized appreciation on foreign currency contracts

                   1,161        554         

Receivables:

 

Investment securities sold

     38,295               2,485,241        9,712,316         

Capital shares sold

                   3,493        610         

Dividends

                   192,069        119,287        477,035  

Securities lending income

     8,528        2,064                      1,644  

Interest

     3,075,514        337,468                       

Foreign tax reclaims

                   1,250        134,017         

Net variation margin on futures contracts

                   176,682        363,334        3,305,688  

Total Assets

     190,142,778        44,171,759        37,244,362        86,706,406        695,910,908  

LIABILITIES:

 

Unrealized depreciation on foreign currency contracts

                   42                

Payables:

 

Cash collateral received for securities loaned (Note 2)

     18,791,313        1,408,510                      184,192  

Capital shares redeemed

                   2,882,624        10,917,685         

Advisory fees (Note 3)

     55,522        6,286        10,026        21,184        119,031  

Service fees (Note 2)

     643        154        138        359        2,619  

Total Liabilities

     18,847,478        1,414,950        2,892,830        10,939,228        305,842  

NET ASSETS

   $ 171,295,300      $ 42,756,809      $ 34,351,532      $ 75,767,178      $ 695,605,066  

NET ASSETS:

 

Paid-in capital

   $ 202,497,528      $ 45,406,207      $ 44,068,880      $ 101,675,197      $ 823,047,946  

Total distributable earnings (loss)

     (31,202,228      (2,649,398      (9,717,348      (25,908,019      (127,442,880

NET ASSETS

   $ 171,295,300      $ 42,756,809      $ 34,351,532      $ 75,767,178      $ 695,605,066  

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     3,900,000        900,000        1,200,000        2,450,000        20,850,000  

Net asset value per share

   $ 43.92      $ 47.51      $ 28.63      $ 30.93      $ 33.36  

1 Includes market value of securities out on loan of:

   $ 18,352,831      $ 1,661,467                    $ 567,142  

2 Investments in securities include investment of cash collateral for securities loaned (see Schedule of Investments for additional information).

  

 

See Notes to Financial Statements.

 

WisdomTree Trust      113  


Statements of Assets and Liabilities (concluded)

WisdomTree Trust

June 30, 2022

 

 

 

     

WisdomTree
Artificial
Intelligence
and
Innovation

Fund

     WisdomTree
Battery Value
Chain and
Innovation
Fund
     WisdomTree
BioRevolution
Fund
     WisdomTree Cloud
Computing Fund
     WisdomTree
Cybersecurity
Fund
 

ASSETS:

 

Investments, at cost

   $ 1,175,982      $ 1,886,223      $ 5,897,514      $ 1,155,674,699      $ 49,307,001  

Foreign currency, at cost

     958        3,605        1,489               9,214  

Investments in securities, at value1,2 (Note 2)

     750,653        1,730,298        4,682,425        658,617,071        33,868,690  

Cash

     1,621        9,807        2,792        305,590        77,428  

Foreign currency, at value

     935        3,589        1,492               9,161  

Unrealized appreciation on foreign currency contracts

     1        5                       

Receivables:

 

Investment securities sold

                          6,471,564         

Dividends

     1,003        2,113        1,952               193  

Securities lending income

                          8,783        18,935  

Foreign tax reclaims

     95        755        743               2,189  

Total Assets

     754,308        1,746,567        4,689,404        665,403,008        33,976,596  

LIABILITIES:

 

Unrealized depreciation on foreign currency contracts

     1        3                       

Payables:

 

Cash collateral received for securities loaned (Note 2)

                          28,111,122        1,201,992  

Investment securities purchased

     1,983        8,751                       

Capital shares redeemed

                          6,397,780         

Advisory fees (Note 3)

     298        670        1,633        241,192        12,570  

Service fees (Note 2)

     3        7        16        2,358        123  

Total Liabilities

     2,285        9,431        1,649        34,752,452        1,214,685  

NET ASSETS

   $ 752,023      $ 1,737,136      $ 4,687,755      $ 630,650,556      $ 32,761,911  

NET ASSETS:

 

Paid-in capital

   $ 1,249,999      $ 2,000,003      $ 6,105,922      $ 1,269,926,052      $ 49,066,639  

Total distributable earnings (loss)

     (497,976      (262,867      (1,418,167      (639,275,496      (16,304,728

NET ASSETS

   $ 752,023      $ 1,737,136      $ 4,687,755      $ 630,650,556      $ 32,761,911  

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     50,000        50,000        270,000        22,500,000        1,840,000  

Net asset value per share

   $ 15.04      $ 34.74      $ 17.36      $ 28.03      $ 17.81  

1 Includes market value of securities out on loan of:

                        $ 53,091,540      $ 3,145,726  

2 Investments in securities include investment of cash collateral for securities loaned (see Schedule of Investments for additional information).

  

 

See Notes to Financial Statements.

 

114   WisdomTree Trust


Statements of Operations

WisdomTree Trust

For the Year Ended June 30, 2022

 

 

 

     

WisdomTree
Dynamic

Currency

Hedged
International

Equity Fund

    

WisdomTree
Dynamic

Currency

Hedged
International
SmallCap

Equity Fund

    

WisdomTree
Emerging

Markets ESG

Fund

    

WisdomTree
International

ESG Fund

     WisdomTree
U.S.
Corporate
Bond Fund
 

INVESTMENT INCOME:

 

Dividends

   $ 7,659,806      $ 2,333,115      $ 973,813      $ 284,846      $  

Interest

                   1,390               1,204,351  

Non-cash dividends

     724,758        55,405        80,265        4,030         

Other income (Note 6)

     55,945        6,452                       

Securities lending income, net (Note 2)

     66,530        24,868        5,400        2,061        6,863  

Less: Foreign withholding taxes on dividends

     (628,892      (225,445      (115,707      (29,513       

Total investment income

     7,878,147        2,194,395        945,161        261,424        1,211,214  

EXPENSES:

 

Advisory fees (Note 3)

     653,042        231,387        94,352        24,041        83,635  

Service fees (Note 2)

     7,183        2,121        1,297        353        2,044  

Other fees (Note 6)

     15,956        1,906                       

Total expenses

     676,181        235,414        95,649        24,394        85,679  

Net investment income

     7,201,966        1,958,981        849,512        237,030        1,125,535  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

 

Investment transactions1

     (1,285,675      (804,893      (496,163      (30,827      (2,428,696

In-kind redemptions

     5,032,796        4,317,441        298,940                

Futures contracts

            3,195                       

Foreign currency contracts

     12,127,972        3,785,890        (12,381      2,980         

Foreign currency related transactions

     (129,910      (48,697      30        (7,138       

Net realized gain (loss)

     15,745,183        7,252,936        (209,574      (34,985      (2,428,696

Net increase (decrease) in unrealized appreciation/depreciation:

 

Investment transactions2

     (32,427,454      (16,023,070      (9,318,885      (1,694,591      (5,842,676

Foreign currency contracts

     2,545,957        1,178,053               1         

Translation of assets and liabilities denominated in foreign currencies

     (32,205      (6,668      (1,390      (1,407       

Net decrease in unrealized appreciation/depreciation

     (29,913,702      (14,851,685      (9,320,275      (1,695,997      (5,842,676

Net realized and unrealized loss on investments

     (14,168,519      (7,598,749      (9,529,849      (1,730,982      (8,271,372

NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS

   $ (6,966,553    $ (5,639,768    $ (8,680,337    $ (1,493,952    $ (7,145,837

1 Net of foreign capital gains tax of:

                 $ 29,338                

2 Includes net increase (decrease) in accrued foreign capital gain taxes of:

                 $ (80,403              

 

See Notes to Financial Statements.

 

WisdomTree Trust      115  


Statements of Operations (continued)

WisdomTree Trust

For the Year Ended June 30, 2022

 

 

 

     

WisdomTree

U.S. High Yield
Corporate

Bond Fund

    

WisdomTree

U.S. Short-

Term
Corporate
Bond Fund

    

WisdomTree
Emerging

Markets

Efficient Core

Fund

    

WisdomTree
International
Efficient Core

Fund

    

WisdomTree

U.S. Efficient

Core Fund

 

INVESTMENT INCOME:

              

Dividends

   $      $      $ 641,525      $ 2,363,582      $ 9,906,977  

Dividends from affiliates (Note 3)

                   237                

Interest

     8,698,672        589,410                      666  

Non-cash dividends

                   1,251        33,131        14,087  

Securities lending income, net (Note 2)

     40,185        8,655                      20,452  

Less: Foreign withholding taxes on dividends

                   (64,197      (220,684      (2,546

Total investment income

     8,738,857        598,065        578,816        2,176,029        9,939,636  

EXPENSES:

 

Advisory fees (Note 3)

     700,555        69,782        65,206        158,719        1,579,485  

Service fees (Note 2)

     8,112        1,706        897        2,686        34,749  

Total expenses

     708,667        71,488        66,103        161,405        1,614,234  

Expense waivers (Note 3)

                   (480              

Net expenses

     708,667        71,488        65,623        161,405        1,614,234  

Net investment income

     8,030,190        526,577        513,193        2,014,624        8,325,402  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

              

Investment transactions

     (1,193,179      (808,823      (1,198,740      (1,295,697      (15,361,662

Investment transactions in affiliates (Note 3)

                   14,075                

In-kind redemptions

     405,063               (366,718      (2,251,178      66,470,929  

Futures contracts

                   (1,580,114      (5,344,771      (45,041,558

Foreign currency contracts

                   (111,168      (11,890      (6

Foreign currency related transactions

                   44,169        (25,032      15  

Net realized gain (loss)

     (788,116      (808,823      (3,198,496      (8,928,568      6,067,718  

Net increase (decrease) in unrealized appreciation/depreciation:

              

Investment transactions

     (33,528,082      (2,297,744      (6,947,125      (18,752,483      (182,866,280

Investment transactions in affiliates (Note 3)

                   (1,884              

Futures contracts

                   (273,200      (532,484      (7,341,122

Foreign currency contracts

                   1,119        554         

Translation of assets and liabilities denominated in foreign currencies

                   (4,833      (7,277       

Net decrease in unrealized appreciation/depreciation

     (33,528,082      (2,297,744      (7,225,923      (19,291,690      (190,207,402

Net realized and unrealized loss on investments

     (34,316,198      (3,106,567      (10,424,419      (28,220,258      (184,139,684

NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS

   $ (26,286,008    $ (2,579,990    $ (9,911,226    $ (26,205,634    $ (175,814,282

 

See Notes to Financial Statements.

 

116   WisdomTree Trust


Statements of Operations (concluded)

WisdomTree Trust

For the Year or Period Ended June 30, 2022

 

 

 

      WisdomTree
Artificial
Intelligence
and Innovation
Fund1
     WisdomTree
Battery Value
Chain and
Innovation
Fund2
     WisdomTree
BioRevolution
Fund
     WisdomTree
Cloud Computing
Fund
     WisdomTree
Cybersecurity
Fund
 

INVESTMENT INCOME:

 

Dividends

   $ 4,529      $ 15,088      $ 29,304      $      $ 291,977  

Non-cash dividends

            666                       

Securities lending income, net (Note 2)

                          168,979        67,775  

Less: Foreign withholding taxes on dividends

     (586      (1,749      (1,252             (5,882

Total investment income

     3,943        14,005        28,052        168,979        353,870  

EXPENSES:

 

Advisory fees (Note 3)

     2,480        3,125        15,433        4,761,664        168,970  

Service fees (Note 2)

     24        31        151        46,558        1,652  

Total expenses

     2,504        3,156        15,584        4,808,222        170,622  

Net investment income (loss)

     1,439        10,849        12,468        (4,639,243      183,248  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

 

Investment transactions

     (73,521      (117,030      (210,391      (153,599,228      (482,294

In-kind redemptions

                          143,412,428        1,768,139  

Foreign currency contracts

     258        (3,944      (648             (23,733

Foreign currency related transactions

     (798      3,216        300               22,694  

Net realized gain (loss)

     (74,061      (117,758      (210,739      (10,186,800      1,284,806  

Net increase (decrease) in unrealized appreciation/depreciation:

 

Investment transactions

     (425,329      (155,925      (1,315,892      (595,077,204      (16,324,950

Foreign currency contracts

     0 3       2                      (21

Translation of assets and liabilities denominated in foreign currencies

     (25      (35      (40             (457

Net decrease in unrealized appreciation/depreciation

     (425,354      (155,958      (1,315,932      (595,077,204      (16,325,428

Net realized and unrealized loss on investments

     (499,415      (273,716      (1,526,671      (605,264,004      (15,040,622

NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS

   $ (497,976    $ (262,867    $ (1,514,203    $ (609,903,247    $ (14,857,374
1 

For the period December 9, 2021 (commencement of operations) through June 30, 2022.

2

For the period February 17, 2022 (commencement of operations) through June 30, 2022.

3 

Amount represents less than $1.

 

See Notes to Financial Statements.

 

WisdomTree Trust      117  


Statements of Changes in Net Assets

WisdomTree Trust

 

 

 

 

     

WisdomTree Dynamic Currency

Hedged International Equity Fund

     WisdomTree Dynamic Currency
Hedged International SmallCap
Equity Fund
    

WisdomTree Emerging

Markets ESG Fund

 
     

For the

Year Ended

June 30, 2022

    

For the

Year Ended

June 30, 2021

    

For the

Year Ended

June 30, 2022

    

For the

Year Ended
June 30, 2021

    

For the

Year Ended
June 30, 2022

    

For the

Year Ended

June 30, 2021

 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

        

Net investment income

   $ 7,201,966      $ 5,069,975      $ 1,958,981      $ 1,104,430      $ 849,512      $ 621,876  

Net realized gain (loss) on investments, futures contracts, foreign currency contracts and foreign currency related transactions

     15,745,183        (13,911,409      7,252,936        (1,823,424      (209,574      5,032,282  

Net increase (decrease) in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     (29,913,702      42,916,984        (14,851,685      12,323,707        (9,320,275      7,069,078  

Net increase (decrease) in net assets resulting from operations

     (6,966,553      34,075,550        (5,639,768      11,604,713        (8,680,337      12,723,236  

DISTRIBUTIONS TO SHAREHOLDERS:

 

  

Distributable earnings

     (8,333,400      (5,826,707      (2,160,473      (1,376,310      (813,816      (678,548

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

     46,532,186        7,730,083        35,211,942               3,157,366         

Cost of shares redeemed

     (24,821,425      (72,463,771      (10,629,801      (6,907,300      (3,585,905      (10,123,196

Net increase (decrease) in net assets resulting from capital share transactions

     21,710,761        (64,733,688      24,582,141        (6,907,300      (428,539      (10,123,196

Net Increase (Decrease) in Net Assets

     6,410,808        (36,484,845      16,781,900        3,321,103        (9,922,692      1,921,492  

NET ASSETS:

 

Beginning of year

   $ 161,659,675      $ 198,144,520      $ 41,336,372      $ 38,015,269      $ 35,403,777      $ 33,482,285  

End of year

   $ 168,070,483      $ 161,659,675      $ 58,118,272      $ 41,336,372      $ 25,481,085      $ 35,403,777  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of year

     5,300,000        7,800,000        1,200,000        1,450,000        900,000        1,200,000  

Shares created

     1,550,000        250,000        1,050,000               100,000         

Shares redeemed

     (800,000      (2,750,000      (300,000      (250,000      (100,000      (300,000

Shares outstanding, end of year

     6,050,000        5,300,000        1,950,000        1,200,000        900,000        900,000  

 

See Notes to Financial Statements.

 

118   WisdomTree Trust


Statements of Changes in Net Assets (continued)

WisdomTree Trust

 

 

 

 

     

WisdomTree International

ESG Fund

    

WisdomTree U.S. Corporate

Bond Fund

     WisdomTree U.S. High Yield Corporate
Bond Fund
 
      For the Year
Ended
June 30,
2022
     For the Year
Ended June 30,
2021
     For the Year
Ended
June 30, 2022
     For the Year
Ended June 30,
2021
     For the Year
Ended June 30,
2022
     For the Year
Ended June 30,
2021
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

        

Net investment income

   $ 237,030      $ 264,869      $ 1,125,535      $ 1,064,372      $ 8,030,190      $ 5,188,130  

Net realized gain (loss) on investments, foreign currency contracts and foreign currency related transactions

     (34,985      4,957,506        (2,428,696      582,562        (788,116      2,280,595  

Net increase (decrease) in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     (1,695,997      (1,064,241      (5,842,676      (644,650      (33,528,082      5,486,180  

Net increase (decrease) in net assets resulting from operations

     (1,493,952      4,158,134        (7,145,837      1,002,284        (26,286,008      12,954,905  

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

     (238,020      (320,460      (1,197,666      (1,241,380      (7,906,350      (5,187,250

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

     1,484,583                      22,168,592        82,422,563        129,194,909  

Cost of shares redeemed

            (14,506,297             (10,978,661      (35,293,904      (41,686,889

Net increase (decrease) in net assets resulting from capital share transactions

     1,484,583        (14,506,297             11,189,931        47,128,659        87,508,020  

Net Increase (Decrease) in Net Assets

     (247,389      (10,668,623      (8,343,503      10,950,835        12,936,301        95,275,675  

NET ASSETS:

 

Beginning of year

   $ 7,694,024      $ 18,362,647      $ 49,028,080      $ 38,077,245      $ 158,358,999      $ 63,083,324  

End of year

   $ 7,446,635      $ 7,694,024      $ 40,684,577      $ 49,028,080      $ 171,295,300      $ 158,358,999  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of year

     250,000        750,000        900,000        700,000        3,000,000        1,300,000  

Shares created

     50,000                      400,000        1,600,000        2,500,000  

Shares redeemed

            (500,000             (200,000      (700,000      (800,000

Shares outstanding, end of year

     300,000        250,000        900,000        900,000        3,900,000        3,000,000  

 

See Notes to Financial Statements.

 

WisdomTree Trust      119  


Statements of Changes in Net Assets (continued)

WisdomTree Trust

 

 

 

 

     

WisdomTree

U.S. Short-Term

Corporate Bond Fund

    

WisdomTree

Emerging Markets

Efficient Core Fund

    

WisdomTree

International

Efficient Core Fund

 
     

For the

Year Ended
June 30, 2022

    

For the

Year Ended
June 30, 2021

    

For the

Year Ended
June 30, 2022

    

For the Period
May 20, 2021*
through

June 30, 2021

     For the Year
Ended June 30,
2022
     For the Period
May 20, 2021*
through June
30, 2021
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

   $ 526,577      $ 428,070      $ 513,193      $ 6,326      $ 2,014,624      $ 4,509  

Net realized gain (loss) on investments, futures contracts, foreign currency contracts and foreign currency related transactions

     (808,823      235,153        (3,198,496      3,913        (8,928,568      (84

Net increase (decrease) in unrealized appreciation/depreciation on investments, futures contracts, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     (2,297,744      (245,808      (7,225,923      68,084        (19,291,690      (3,534

Net increase (decrease) in net assets resulting from operations

     (2,579,990      417,415        (9,911,226      78,323        (26,205,634      891  

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

     (651,248      (521,988      (378,458      (3,000      (1,971,331      (2,000

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

     15,102,248        10,358,506        51,468,255        2,000,000        157,472,630        2,000,000  

Cost of shares redeemed

                   (8,902,363      (119      (55,527,380      (118

Net increase in net assets resulting from capital share transactions

     15,102,248        10,358,506        42,565,892        1,999,881        101,945,250        1,999,882  

Net Increase in Net Assets

     11,871,010        10,253,933        32,276,208        2,075,204        73,768,285        1,998,773  

NET ASSETS:

 

Beginning of period

   $ 30,885,799      $ 20,631,866      $ 2,075,324      $ 120      $ 1,998,893      $ 120  

End of period

   $ 42,756,809      $ 30,885,799      $ 34,351,532      $ 2,075,324      $ 75,767,178      $ 1,998,893  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

     600,000        400,000        50,000        3        50,000        3  

Shares created

     300,000        200,000        1,450,000        50,000        4,050,000        50,000  

Shares redeemed

                   (300,000      (3      (1,650,000      (3

Shares outstanding, end of period

     900,000        600,000        1,200,000        50,000        2,450,000        50,000  
* 

Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market.

 

See Notes to Financial Statements.

 

120   WisdomTree Trust


Statements of Changes in Net Assets (continued)

WisdomTree Trust

 

 

 

 

     

WisdomTree U.S. Efficient

Core Fund

    

WisdomTree Artificial

Intelligence and Innovation Fund

    

WisdomTree Battery Value

Chain and Innovation Fund

 
     

For the Year
Ended June

30, 2022

    

For the Year
Ended June

30, 2021

    

For the Period

December 9,

2021* through

June 30, 2022

     For the Period
February 17,
2022* through
June 30, 2022
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

   $ 8,325,402      $ 4,443,974      $ 1,439        10,849  

Net realized gain (loss) on investments, futures contracts, foreign currency contracts and foreign currency related transactions

     6,067,718        (6,770,600      (74,061      (117,758

Net increase (decrease) in unrealized appreciation/depreciation on investments, futures contracts, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     (190,207,402      111,302,431        (425,354      (155,958

Net increase (decrease) in net assets resulting from operations

     (175,814,282      108,975,805        (497,976      (262,867

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

     (8,163,536      (4,558,343              

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

     543,539,352        192,382,346        1,250,000        2,000,000  

Cost of shares redeemed

     (183,240,518      (16,194,891      (101      (117

Net increase in net assets resulting from capital share transactions

     360,298,834        176,187,455        1,249,899        1,999,883  

Net Increase in Net Assets

     176,321,016        280,604,917        751,923        1,737,016  

NET ASSETS:

 

Beginning of period

   $ 519,284,050      $ 238,679,133      $ 100        120  

End of period

   $ 695,605,066      $ 519,284,050      $ 752,023        1,737,136  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

     12,800,000        7,800,000        4        3  

Shares created

     12,750,000        5,450,000        50,000        50,000  

Shares redeemed

     (4,700,000      (450,000      (4      (3

Shares outstanding, end of period

     20,850,000        12,800,000        50,000        50,000  
* 

Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market.

 

See Notes to Financial Statements.

 

WisdomTree Trust      121  


Statements of Changes in Net Assets (concluded)

WisdomTree Trust

 

 

 

 

      WisdomTree BioRevolution Fund      WisdomTree Cloud Computing Fund      WisdomTree Cybersecurity Fund  
     

For the

Year Ended

June 30, 2022

    

For the Period
June 3, 2021*
through

June 30, 2021

    

For the

Year Ended

June 30, 2022

    

For the

Year Ended

June 30, 2021

    

For the

Year Ended

June 30, 2022

    

For the Period
January 28, 2021*
through

June 30, 2021

 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

        

Net investment income (loss)

   $ 12,468      $ (112    $ (4,639,243    $ (4,511,983    $ 183,248      $ (10,713

Net realized gain (loss) on investments, foreign currency contracts and foreign currency related transactions

     (210,739      (231      (10,186,800      255,254,863        1,284,806        (390,587

Net increase (decrease) in unrealized appreciation/depreciation on investments and translation of assets and liabilities denominated in foreign currencies

     (1,315,932      100,803        (595,077,204      47,066,707        (16,325,428      886,660  

Net increase (decrease) in net assets resulting from operations

     (1,514,203      100,460        (609,903,247      297,809,587        (14,857,374      485,360  

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

     (4,424                           (177,112       

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

     3,541,300        2,564,622        874,468,867        1,791,135,471        33,409,139        26,389,247  

Cost of shares redeemed

            (100      (910,956,909      (1,232,674,591      (12,487,363      (86

Net increase (decrease) in net assets resulting from capital share transactions

     3,541,300        2,564,522        (36,488,042      558,460,880        20,921,776        26,389,161  

Net Increase (Decrease) in Net Assets

     2,022,673        2,664,982        (646,391,289      856,270,467        5,887,290        26,874,521  

NET ASSETS:

 

Beginning of period

   $ 2,665,082      $ 100      $ 1,277,041,845      $ 420,771,378      $ 26,874,621      $ 100  

End of period

   $ 4,687,755      $ 2,665,082      $ 630,650,556      $ 1,277,041,845      $ 32,761,911      $ 26,874,621  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

     100,000        4        22,850,000        10,800,004        1,100,000        4  

Shares created

     170,000        100,000        20,350,000        37,050,000        1,290,000        1,100,000  

Shares redeemed

            (4      (20,700,000      (25,000,004      (550,000      (4

Shares outstanding, end of period

     270,000        100,000        22,500,000        22,850,000        1,840,000        1,100,000  

* Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market.

  

 

See Notes to Financial Statements.

 

122   WisdomTree Trust


Financial Highlights

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

           
WisdomTree Dynamic Currency Hedged
International Equity Fund
   For the
Year Ended
June 30, 2022
     For the
Year Ended
June 30, 2021
     For the
Year Ended
June 30, 2020
     For the
Year Ended
June 30, 2019
     For the
Year Ended
June 30, 2018
 

Net asset value, beginning of year

   $ 30.50      $ 25.40      $ 28.84      $ 28.96      $ 28.27  

Investment operations:

 

Net investment income1

     1.34        0.91        0.80        1.04        1.00  

Net realized and unrealized gain (loss)

     (2.54      5.27        (3.44      (0.17      0.70  

Total from investment operations

     (1.20      6.18        (2.64      0.87        1.70  

Dividends to shareholders:

 

Net investment income

     (1.52      (1.08      (0.80      (0.99      (1.01

Net asset value, end of year

   $ 27.78      $ 30.50      $ 25.40      $ 28.84      $ 28.96  

TOTAL RETURN2

     (4.12 )%       24.76      (9.34 )%3       3.11      6.04

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of year (000’s omitted)

   $ 168,070      $ 161,660      $ 198,145      $ 252,362      $ 262,129  

Ratios to average net assets of:

 

Expenses, net of expense waivers

     0.41 %4       0.39      0.35      0.35      0.35

Expenses, prior to expense waivers

     0.41 %4       0.40      0.40      0.40      0.40

Net investment income

     4.41      3.26      2.87      3.68      3.33

Portfolio turnover rate5

     35      38      17      26      15

 

           
WisdomTree Dynamic Currency Hedged
International SmallCap Equity Fund
   For the
Year Ended
June 30, 2022
     For the
Year Ended
June 30, 2021
     For the
Year Ended
June 30, 2020
     For the
Year Ended
June 30, 2019
     For the
Year Ended
June 30, 2018
 

Net asset value, beginning of year

   $ 34.45      $ 26.22      $ 29.60      $ 31.50      $ 30.12  

Investment operations:

 

Net investment income1

     1.37        0.88        0.88        1.12        1.11  

Net realized and unrealized gain (loss)

     (4.65      8.46        (3.39      (2.29      0.92  

Total from investment operations

     (3.28      9.34        (2.51      (1.17      2.03  

Dividends to shareholders:

 

Net investment income

     (1.37      (1.11      (0.87      (0.73      (0.65

Net asset value, end of year

   $ 29.80      $ 34.45      $ 26.22      $ 29.60      $ 31.50  

TOTAL RETURN2

     (9.78 )%       36.12      (8.70 )%6       (3.70 )%       6.73

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of year (000’s omitted)

   $ 58,118      $ 41,336      $ 38,015      $ 34,041      $ 17,327  

Ratios to average net assets of:

 

Expenses, net of expense waivers

     0.49 %7       0.47      0.43      0.43      0.43

Expenses, prior to expense waivers

     0.49 %7       0.48      0.48      0.48      0.48

Net investment income

     4.06      2.86      3.08      3.77      3.41

Portfolio turnover rate5

     48      60      25      55      95
1 

Based on average shares outstanding.

 

2 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

Includes a voluntary reimbursement from the sub-advisor for investment losses on certain foreign exchange transactions during the period. Excluding this voluntary reimbursement, total return would have been 0.11% lower.

 

4 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.40%.

 

5 

Portfolio turnover rate excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

6 

Includes a voluntary reimbursement from the sub-advisor for investment losses on certain foreign exchange transactions during the period. Excluding this voluntary reimbursement, total return would have been 0.14% lower.

 

7 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.48%.

 

See Notes to Financial Statements.

 

WisdomTree Trust      123  


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

           
WisdomTree Emerging Markets ESG
Fund
   For the
Year Ended
June 30, 2022
     For the
Year Ended
June 30, 2021
     For the
Year Ended
June 30, 20201
     For the
Year Ended
June 30, 2019
     For the
Year Ended
June 30, 2018
 

Net asset value, beginning of year

   $ 39.34      $ 27.90      $ 31.47      $ 30.95      $ 29.71  

Investment operations:

              

Net investment income2

     0.99        0.62        0.93        1.21        0.96  

Net realized and unrealized gain (loss)

     (11.07      11.50        (3.44      0.38        1.14  

Total from investment operations

     (10.08      12.12        (2.51      1.59        2.10  

Dividends to shareholders:

              

Net investment income

     (0.95      (0.68      (1.06      (1.07      (0.86

Net asset value, end of year

   $ 28.31      $ 39.34      $ 27.90      $ 31.47      $ 30.95  

TOTAL RETURN3

     (25.99 )%       43.82      (8.19 )%       5.25      7.05 %4 

RATIOS/SUPPLEMENTAL DATA:

              

Net assets, end of year (000’s omitted)

   $ 25,481      $ 35,404      $ 33,482      $ 50,353      $ 34,042  

Ratios to average net assets of:

              

Expenses

     0.32      0.32 %5,6       0.32      0.32      0.32

Net investment income

     2.88      1.79 %5       3.13      3.97      2.91

Portfolio turnover rate7

     57      69      130 %1       26      22
              
           
WisdomTree International ESG Fund    For the
Year Ended
June 30, 2022
     For the
Year Ended
June 30, 2021
     For the
Year Ended
June 30, 20208
     For the
Year Ended
June 30, 2019
     For the
Year Ended
June 30, 2018
 

Net asset value, beginning of year

   $ 30.78      $ 24.48      $ 23.96      $ 24.67      $ 23.31  

Investment operations:

              

Net investment income2

     0.87        0.51        0.46        0.49        0.71  

Net realized and unrealized gain (loss)

     (5.98      6.52        0.73 9       0.02        1.03  

Total from investment operations

     (5.11      7.03        1.19        0.51        1.74  

Dividends and distributions to shareholders:

              

Net investment income

     (0.85      (0.73      (0.50      (0.29      (0.21

Capital gains

     –          –          (0.17      (0.93      (0.17

Total dividends and distributions to shareholders

     (0.85      (0.73      (0.67      (1.22      (0.38

Net asset value, end of year

   $ 24.82      $ 30.78      $ 24.48      $ 23.96      $ 24.67  

TOTAL RETURN3

     (16.85 )%       28.94      4.88      2.56      7.44

RATIOS/SUPPLEMENTAL DATA:

              

Net assets, end of year (000’s omitted)

   $ 7,447      $ 7,694      $ 18,363      $ 28,749      $ 19,736  

Ratios to average net assets of:

              

Expenses, net of expense waivers

     0.30      0.30      0.15 %5       0.10 %5       0.10 %5 

Expenses, prior to expense waivers

     0.30      0.30      0.52 %5       0.58 %5       0.58 %5 

Net investment income

     2.96      1.86      1.89 %5       2.10 %5       2.87 %5 

Portfolio turnover rate7

     87      80      112 %8       6      4
1 

The information reflects the investment objective and strategy of the WisdomTree Emerging Markets Dividend Fund through March 15, 2020 and the investment objective and strategy of the WisdomTree Emerging Markets ESG Fund thereafter. The increase in the portfolio turnover rate was primarily a result of the aforementioned investment objective and strategy change.

 

2 

Based on average shares outstanding.

 

3 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

4 

Includes a reimbursement from the sub-advisor for an operational error. Excluding the reimbursement, total return would have been unchanged.

 

5 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

6 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

7 

Portfolio turnover rate excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

8 

The information reflects the investment objective and strategy of the WisdomTree Dynamic Currency Hedged International Quality Dividend Growth Fund through March 15, 2020 and the investment objective and strategy of the WisdomTree International ESG Fund thereafter. The increase in the portfolio turnover rate was primarily a result of the aforementioned investment objective and strategy change.

 

9

The amount of net realized and unrealized gain per share does not correspond with the amounts reported within the Statements of Changes due to the timing of capital share transactions of Fund shares and fluctuating market values during the fiscal year ended.

 

See Notes to Financial Statements.

 

124   WisdomTree Trust


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

           
WisdomTree U.S. Corporate Bond Fund    For the
Year Ended
June 30, 2022
     For the
Year Ended
June 30, 2021
     For the
Year Ended
June 30, 2020
     For the
Year Ended
June 30, 2019
     For the
Year Ended
June 30, 2018
 

Net asset value, beginning of year

   $ 54.48      $ 54.40      $ 51.09      $ 47.79      $ 49.88  

Investment operations:

 

Net investment income1

     1.25        1.23        1.42        1.59        1.49  

Net realized and unrealized gain (loss)

     (9.18      0.25 2       3.37        3.28        (2.02

Total from investment operations

     (7.93      1.48        4.79        4.87        (0.53

Dividends and distributions to shareholders:

 

Net investment income

     (1.24      (1.21      (1.48      (1.57      (1.56

Capital gains

     (0.10      (0.19                     

Total dividends and distributions to shareholders

     (1.34      (1.40      (1.48      (1.57      (1.56

Net asset value, end of year

   $ 45.21      $ 54.48      $ 54.40      $ 51.09      $ 47.79  

TOTAL RETURN3

     (14.83 )%       2.75      9.54      10.44      (1.11 )% 

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of year (000’s omitted)

   $ 40,685      $ 49,028      $ 38,077      $ 5,109      $ 4,779  

Ratios to average net assets of:

 

Expenses, net of expense waivers

     0.18      0.18 %4       0.18      0.18      0.18

Expenses, prior to expense waivers

     0.18      0.21      0.28      0.28      0.28

Net investment income

     2.42      2.27      2.71      3.29      3.02

Portfolio turnover rate5

     52      36      25      22      21

 

           
WisdomTree U.S. High Yield Corporate
Bond Fund
   For the
Year Ended
June 30, 2022
     For the
Year Ended
June 30, 2021
     For the
Year Ended
June 30, 2020
     For the
Year Ended
June 30, 2019
     For the
Year Ended
June 30, 2018
 

Net asset value, beginning of year

   $ 52.79      $ 48.53      $ 51.51      $ 49.77      $ 52.29  

Investment operations:

 

Net investment income1

     2.20        2.32        2.64        2.84        2.91  

Net realized and unrealized gain (loss)

     (8.92      4.28        (3.00      1.69        (2.14

Total from investment operations

     (6.72      6.60        (0.36      4.53        0.77  

Dividends and distributions to shareholders:

 

Net investment income

     (2.15      (2.34      (2.62      (2.75      (2.89

Capital gains

                          (0.04      (0.40

Tax return of capital

                   (0.00 )6               

Total dividends and distributions to shareholders

     (2.15      (2.34      (2.62      (2.79      (3.29

Net asset value, end of year

   $ 43.92      $ 52.79      $ 48.53      $ 51.51      $ 49.77  

TOTAL RETURN3

     (13.16 )%       13.84      (0.72 )%       9.43      1.49

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of year (000’s omitted)

   $ 171,295      $ 158,359      $ 63,083      $ 15,453      $ 4,977  

Ratios to average net assets of:

 

Expenses, net of expense waivers

     0.38      0.38 %7       0.38      0.38      0.38

Expenses, prior to expense waivers

     0.38      0.41      0.48      0.48      0.48

Net investment income

     4.36      4.51      5.32      5.68      5.67

Portfolio turnover rate5

     24      21      22      14      35
1 

Based on average shares outstanding.

 

2 

The amount of net realized and unrealized gain per share does not correspond with the amounts reported within the Statements of Changes due to the timing of capital share transactions of Fund shares and fluctuating market values during the fiscal year ended.

 

3 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

4 

The investment advisor had contractually agreed to limit the advisory fee to 0.18% through October 31, 2020. On October 31, 2020, the contractual waiver expired and the advisory fee was permanently reduced to 0.18%.

 

5 

Portfolio turnover rate excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

6

Amount represents less than $0.005.

 

7 

The investment advisor had contractually agreed to limit the advisory fee to 0.38% through October 31, 2020. On October 31, 2020, the contractual waiver expired and the advisory fee was permanently reduced to 0.38%.

 

See Notes to Financial Statements.

 

WisdomTree Trust      125  


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

           
WisdomTree U.S. Short-Term Corporate
Bond Fund
   For the
Year Ended
June 30, 2022
     For the
Year Ended
June 30, 2021
     For the
Year Ended
June 30, 2020
     For the
Year Ended
June 30, 2019
     For the
Year Ended
June 30, 2018
 

Net asset value, beginning of year

   $ 51.48      $ 51.58      $ 50.43      $  49.03      $ 49.94  

Investment operations:

 

Net investment income1

     0.68        0.75        1.23        1.24        0.98  

Net realized and unrealized gain (loss)

     (3.82      0.06 2       1.13 2       1.39        (0.88

Total from investment operations

     (3.14      0.81        2.36        2.63        0.10  

Dividends and distributions to shareholders:

 

Net investment income

     (0.62      (0.75      (1.21      (1.23      (1.01

Capital gains

     (0.21      (0.16                     

Total dividends and distributions to shareholders

     (0.83      (0.91      (1.21      (1.23      (1.01

Net asset value, end of year

   $ 47.51      $ 51.48      $ 51.58      $ 50.43      $ 49.03  

TOTAL RETURN3

     (6.18 )%       1.59      4.75      5.44      0.19

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of year (000’s omitted)

   $ 42,757      $ 30,886      $ 20,632      $ 5,043      $ 4,903  

Ratios to average net assets of:

 

Expenses, net of expense waivers

     0.18      0.18 %4       0.18      0.18      0.18

Expenses, prior to expense waivers

     0.18      0.21      0.28      0.28      0.28

Net investment income

     1.36      1.46      2.43      2.50      1.98

Portfolio turnover rate5

     55      47      43      28      41

 

     
WisdomTree Emerging Markets Efficient Core Fund    For the
Year Ended
June 30, 2022
     For the Period
May 20, 2021*
through
June 30, 2021
 

Net asset value, beginning of period

   $ 41.51      $ 39.75  

Investment operations:

 

Net investment income1

     0.82        0.13  

Net realized and unrealized gain (loss)

     (12.71      1.69  

Total from investment operations

     (11.89      1.82  

Dividends and distributions to shareholders:

 

Net investment income

     (0.73      (0.06

Capital gains

     (0.26       

Total dividends and distributions to shareholders

     (0.99      (0.06

Net asset value, end of period

   $ 28.63      $ 41.51  

TOTAL RETURN3

     (29.06 )%       4.58

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

   $ 34,352      $ 2,075  

Ratios to average net assets of:

 

Expenses, net of expense waivers

     0.32 %6       0.31 %6,7 

Expenses, prior to expense waivers

     0.32 %6       0.32 %6,7 

Net investment income

     2.52 %6       2.68 %6,7 

Portfolio turnover rate5

     102      3
* 

Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market.

 

1 

Based on average shares outstanding.

 

2 

The amount of net realized and unrealized gain per share does not correspond with the amounts reported within the Statements of Changes due to the timing of capital share transactions of Fund shares and fluctuating market values during the fiscal year ended.

 

3 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

4 

The investment advisor had contractually agreed to limit the advisory fee to 0.18% through October 31, 2020. On October 31, 2020, the contractual waiver expired and the advisory fee was permanently reduced to 0.18%.

 

5 

Portfolio turnover rate excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

6 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

7 

Annualized.

 

See Notes to Financial Statements.

 

126   WisdomTree Trust


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree International Efficient Core Fund    For the
Year Ended
June 30, 2022
     For the Period
May 20, 2021*
through
June 30, 2021
 

Net asset value, beginning of period

   $ 39.98      $ 39.43  

Investment operations:

     

Net investment income1

     1.19        0.09  

Net realized and unrealized gain (loss)

     (9.26      0.50 2 

Total from investment operations

     (8.07      0.59  

Dividends and distributions to shareholders:

     

Net investment income

     (0.96      (0.04

Capital gains

     (0.02       

Total dividends and distributions to shareholders

     (0.98      (0.04

Net asset value, end of period

   $ 30.93      $ 39.98  

TOTAL RETURN3

     (20.44 )%       1.50

RATIOS/SUPPLEMENTAL DATA:

     

Net assets, end of period (000’s omitted)

   $ 75,767      $ 1,999  

Ratios to average net assets of:

     

Expenses

     0.26      0.26 %4 

Net investment income

     3.30      1.94 %4 

Portfolio turnover rate5

     13      0

 

         
WisdomTree U.S. Efficient Core Fund    For the
Year Ended
June 30, 2022
     For the
Year Ended
June 30, 2021
     For the
Year Ended
June 30, 2020
     For the Period
August 2, 2018*
through
June 30, 2019
 

Net asset value, beginning of period

   $ 40.57      $ 30.60      $ 27.14      $ 25.08  

Investment operations:

 

Net investment income1

     0.42        0.41        0.45        0.38  

Net realized and unrealized gain (loss)

     (7.23      9.95        3.39        2.01  

Total from investment operations

     (6.81      10.36        3.84        2.39  

Dividends and distributions to shareholders:

 

Net investment income

     (0.40      (0.37      (0.27      (0.33

Capital gains

            (0.02      (0.11       

Total dividends and distributions to shareholders

     (0.40      (0.39      (0.38      (0.33

Net asset value, end of period

   $ 33.36      $ 40.57      $ 30.60      $ 27.14  

TOTAL RETURN3

     (16.95 )%       34.04      14.25      9.64

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

   $ 695,605      $ 519,284      $ 238,679      $ 5,428  

Ratios to average net assets of:

 

Expenses

     0.20      0.20      0.20      0.20 %4 

Net investment income

     1.05      1.12      1.57      1.68 %4 

Portfolio turnover rate5

     7      9      13      11
*

Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market.

 

1

Based on average shares outstanding.

 

2

The amount of net realized and unrealized gain per share does not correspond with the amounts reported within the Statements of Changes due to the timing of capital share transactions of Fund shares and fluctuating market values during the fiscal year ended.

 

3

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized.

 

4

Annualized.

 

5

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

See Notes to Financial Statements.

 

WisdomTree Trust      127  


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree Artificial Intelligence and Innovation Fund    For the Period
December 9, 2021*
through
June 30, 2022
 

Net asset value, beginning of period

   $ 25.22  

Investment operations:

  

Net investment income1

     0.03  

Net realized and unrealized loss

     (10.21

Total from investment operations

     (10.18

Net asset value, end of period

   $ 15.04  

TOTAL RETURN2

     (40.36 )% 

RATIOS/SUPPLEMENTAL DATA:

  

Net assets, end of period (000’s omitted)

   $ 752  

Ratios to average net assets of:

  

Expenses

     0.45 %3 

Net investment income

     0.26 %3 

Portfolio turnover rate4

     11

 

   
WisdomTree Battery Value Chain and Innovation Fund    For the Period
February 17, 2022*
through
June 30, 2022
 

Net asset value, beginning of period

   $ 40.49  

Investment operations:

  

Net investment income1

     0.22  

Net realized and unrealized gain

     (5.97

Total from investment operations

     (5.75

Net asset value, end of period

   $ 34.74  

TOTAL RETURN2

     (14.20 )% 

RATIOS/SUPPLEMENTAL DATA:

  

Net assets, end of period (000’s omitted)

   $ 1,737  

Ratios to average net assets of:

  

Expenses

     0.45 %3 

Net investment income

     1.56 %3 

Portfolio turnover rate4

     48
* 

Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market.

 

1 

Based on average shares outstanding.

 

2 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized.

 

3 

Annualized.

 

4 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

See Notes to Financial Statements.

 

128   WisdomTree Trust


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree BioRevolution Fund    For the
Year Ended
June 30, 2022
     For the Period
June 3, 2021*
through
June 30, 2021
 

Net asset value, beginning of period

   $ 26.65      $ 25.03  

Investment operations:

 

Net investment income (loss)1

     0.08        (0.00 )2 

Net realized and unrealized gain (loss)

     (9.34      1.62  

Total from investment operations

     (9.26      1.62  

Dividends to shareholders:

 

Net investment income

     (0.03      –    

Net asset value, end of period

   $ 17.36      $ 26.65  

TOTAL RETURN3

     (34.79 )%       6.47

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

   $ 4,688      $ 2,665  

Ratios to average net assets of:

 

Expenses

     0.45      0.45 %4 

Net investment income (loss)

     0.36      (0.07 )%4 

Portfolio turnover rate5

     17      0

 

WisdomTree Cloud Computing Fund    For the
Year Ended
June 30, 2022
     For the
Year Ended
June 30, 2021
     For the Period
September 6,
2019*
through
June 30, 2020
 

Net asset value, beginning of period

   $ 55.89      $ 38.96      $ 25.06  

Investment operations:

 

  

Net investment loss1

     (0.21      (0.22      (0.11

Net realized and unrealized gain (loss)

     (27.65      17.15        14.01  

Total from investment operations

     (27.86      16.93        13.90  

Net asset value, end of period

   $ 28.03      $ 55.89      $ 38.96  

TOTAL RETURN3

     (49.85 )%       43.45      55.47

RATIOS/SUPPLEMENTAL DATA:

 

  

Net assets, end of period (000’s omitted)

   $ 630,651      $ 1,277,042      $ 420,771  

Ratios to average net assets of:

 

  

Expenses

     0.45      0.45      0.45 %4 

Net investment loss

     (0.44 )%       (0.44 )%       (0.43 )%4 

Portfolio turnover rate5

     50      40      8
* 

Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market.

 

1 

Based on average shares outstanding.

 

2 

Amount represents less than $0.005.

 

3 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized.

 

4 

Annualized.

 

5 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

See Notes to Financial Statements.

 

WisdomTree Trust      129  


Financial Highlights (concluded)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree Cybersecurity Fund    For the
Year Ended
June 30, 2022
     For the Period
January 28, 2021*
through
June 30, 2021
 

Net asset value, beginning of period

   $ 24.43      $ 24.17  

Investment operations:

 

Net investment income (loss)1

     0.12        (0.01

Net realized and unrealized gain (loss)

     (6.63      0.27  

Total from investment operations

     (6.51      0.26  

Dividends to shareholders:

 

Net investment income

     (0.11      –    

Net asset value, end of period

   $ 17.81      $ 24.43  

TOTAL RETURN2

     (26.79 )%       1.08

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

   $ 32,762      $ 26,875  

Ratios to average net assets of:

 

Expenses

     0.45      0.45 %3 

Net investment income (loss)

     0.49      (0.16 )%3 

Portfolio turnover rate4

     56      18
* 

Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market.

 

1 

Based on average shares outstanding.

 

2 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized.

 

3 

Annualized.

 

4 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

See Notes to Financial Statements.

 

130   WisdomTree Trust


Notes to Financial Statements

 

1. ORGANIZATION

WisdomTree Trust (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Trust was established as a Delaware statutory trust on December 15, 2005 and is authorized to have multiple series of portfolios (each a “Fund”, collectively, the “Funds”). These notes relate only to the Funds listed below. In accordance with Accounting Standards Codification Topic 946, Financial Services-Investment Companies, each Fund listed below qualifies as an investment company and is applying the accounting and reporting guidance for investment companies.

 

   
Fund    Commencement
of Operations
 

WisdomTree Dynamic Currency Hedged International Equity Fund (“Dynamic Currency Hedged International Equity Fund” and also referred to herein as “Currency Hedged Equity Fund”)

     January 7, 2016  

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (“Dynamic Currency Hedged International SmallCap Equity Fund” and also referred to herein as “Currency Hedged Equity Fund”)

     January 7, 2016  

WisdomTree Emerging Markets ESG Fund (“Emerging Markets ESG Fund”)

     April 7, 2016  

WisdomTree International ESG Fund (“International ESG Fund”)

     November 3, 2016  

WisdomTree U.S. Corporate Bond Fund (“U.S. Corporate Bond Fund”)

     April 27, 2016  

WisdomTree U.S. High Yield Corporate Bond Fund (“U.S. High Yield Corporate Bond Fund”)

     April 27, 2016  

WisdomTree U.S. Short-Term Corporate Bond Fund (“U.S. Short-Term Corporate Bond Fund”)

     April 27, 2016  

WisdomTree Emerging Markets Efficient Core Fund (“Emerging Markets Efficient Core Fund”)

     May 20, 2021  

WisdomTree International Efficient Core Fund (“International Efficient Core Fund”)

     May 20, 2021  

WisdomTree U.S. Efficient Core Fund (“U.S. Efficient Core Fund”)

     August 2, 2018  

WisdomTree Artificial Intelligence and Innovation Fund (“Artificial Intelligence and Innovation Fund”)

     December 9, 2021  

WisdomTree Battery Value Chain and Innovation Fund (“Battery Value Chain and Innovation Fund”)

     February 17, 2022  

WisdomTree BioRevolution Fund (“BioRevolution Fund”)

     June 3, 2021  

WisdomTree Cloud Computing Fund (“Cloud Computing Fund”)

     September 6, 2019  

WisdomTree Cybersecurity Fund (“Cybersecurity Fund”)

     January 28, 2021  

Each Fund, except the Emerging Markets ESG Fund, International ESG Fund, Emerging Markets Efficient Core Fund, International Efficient Core Fund and U.S. Efficient Core Fund, seeks to track the price and yield performance, before fees and expenses, of a particular index (“Index”) developed by WisdomTree Investments, Inc. (“WisdomTree Investments”) or an Index developed by a third party. The Emerging Markets ESG Fund, International ESG Fund, Emerging Markets Efficient Core Fund, International Efficient Core Fund and U.S. Efficient Core Fund are actively managed using a model-based approach. WisdomTree Investments is the parent company of WisdomTree Asset Management, Inc. (“WTAM”), the investment adviser to each Fund and the Trust. “WisdomTree” is a registered trademark of WisdomTree Investments and has been licensed for use by the Trust. Each Fund described herein is considered to be non-diversified as defined under the 1940 Act.

In the normal course of business, the Funds may enter into contracts that contain a variety of representations or that provide indemnification for certain liabilities. The Funds’ maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Funds that have not yet occurred. However, the Funds have not had prior claims or losses pursuant to these contracts and believes such exposure to be remote.

2. SIGNIFICANT ACCOUNTING POLICIES

The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (the “Codification”) is the exclusive reference of authoritative U.S. generally accepted accounting principles (“GAAP”) recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the Securities and Exchange Commission (“SEC”) under authority of federal laws are also sources of authoritative GAAP for SEC registrants.

The following is a summary of significant accounting policies followed by the Funds:

Use of Estimates — The preparation of financial statements in conformity with GAAP, requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in the net assets from operations during the reporting period. Actual results could differ from those estimates.

Investment Valuation — The net asset value (“NAV”) of each Fund’s shares is calculated each day a Fund is open for business as of the regularly scheduled close of regular trading on the New York Stock Exchange, normally 4:00 p.m. Eastern time (the “NAV Calculation Time”). NAV per share is calculated by dividing a Fund’s net assets by the number of Fund shares outstanding. Each Fund issues and redeems shares at NAV only in large blocks of shares known as creation units, which only certain institutions (e.g., broker-dealers) may purchase or redeem. Shares of each Fund are listed on a national securities exchange and trade at market

 

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Notes to Financial Statements (continued)

prices. Most investors will buy and sell shares in the secondary market through brokers. Because Fund shares trade at market prices rather than NAV, shares may trade at a price greater than NAV or less than NAV. In calculating each Fund’s NAV, investments are valued under policies approved by the Board of Trustees of the Trust (the “Board of Trustees”). Equity securities (including preferred stock) traded on any recognized U.S. or non-U.S. exchange are valued at the last sale price or official closing price on the exchange on which they are principally traded. Unlisted equity securities (including preferred stock) are valued at the last sale price or, if no sale price is available, at the mean between the highest bid and lowest ask price. Each Fund may invest in money market funds which are valued at their NAV per share and exchange-traded funds (“ETFs” or “ETF”) or exchange-traded notes (“ETNs” or “ETN”) which are valued at their last sale or official closing price on the exchange on which they are principally traded or at their NAV per share in instances where the ETF or ETN has not traded on its principal exchange. Fixed income securities (including short-term debt securities with remaining maturities of 60 days or less) generally are valued at current market quotations or mean prices obtained from broker-dealers or independent pricing service providers. Broker-dealers or independent pricing service providers, in determining the value of securities, may consider such factors as recent transactions, indications from yields and quoted prices from broker-dealers on similar securities, and market sentiment for the type of security. U.S. fixed income securities may be valued as of the announced closing time for such securities on any day that the Securities Industry and Financial Markets Association announces an early closing time. Foreign currency contracts that settle within two business days after the trade date (“Spot Contracts”) and foreign currency contracts having a settlement period greater than two business days after the trade date (“Forward Contracts”) are valued daily using WM/Reuters closing spot and forward rates, respectively, as of 4:00 p.m. London time. Futures contracts generally are valued at the settlement price, the price at which a futures contract settles once a given trading day has ended, on the primary exchange on which they trade.

In certain instances, such as when reliable market valuations are not readily available, a Fund’s investments, which include derivatives, will be fair valued in accordance with the Fund’s pricing policy. The Board of Trustees has established a pricing committee (the “Pricing Committee”) which is comprised of senior representatives of WTAM and which reports to the Board of Trustees on a quarterly basis. In the event that a financial instrument cannot be valued based upon a price from the exchange or system on which it is principally traded, independent pricing service provider or broker-dealer quotation, or such prices are deemed to not reflect current market value, the Pricing Committee may value the financial instrument in good faith under the policies and procedures approved by the Board of Trustees based on current facts and circumstances. Securities that may be valued using “fair value” pricing may include, but are not limited to, securities for which there are no current market quotations, securities whose issuer is in default or bankruptcy, securities subject to corporate actions (such as mergers or reorganizations), securities subject to non-U.S. investment limits or currency controls, and securities affected by “significant events.” An example of a significant event is an event occurring after the close of the market in which a security trades but before a Fund’s next NAV Calculation Time that may materially affect the value of a Fund’s investment (e.g., government action, natural disaster, or significant market fluctuation). When fair value pricing is employed, the prices of securities used by a Fund to calculate its NAV may differ from quoted or published prices for the same securities.

Fair Value Measurement — In accordance with Codification Topic 820 (“ASC 820”), Fair Value Measurements and Disclosures, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Pricing Committee will perform other procedures (consistent with GAAP) to value an investment when a market quote is not available. ASC 820 established a three-tier hierarchy of inputs to be used when determining fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk — for example, the risk inherent in a particular valuation technique used to measure fair value (such as a pricing model) and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The three-tier hierarchy of inputs is summarized in the three broad levels listed below:

Level 1 – quoted prices in active markets for identical securities

Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

Level 3 – significant unobservable inputs (including each Fund’s assumptions in determining the fair value of investments)

The inputs or methodology used for valuation are not necessarily an indication of the risk associated with investing in those investments.

Investments that use Level 2 or Level 3 inputs may include, but are not limited to: (i) an unlisted security related to corporate actions; (ii) a restricted security (e.g., one that may not be publicly sold without registration under the Securities Act of 1933, as amended); (iii) a security whose trading has been suspended (either due to events affecting the issuer of the security specifically or events affecting the primary trading exchange more broadly) or which has been de-listed from its primary trading exchange; (iv) a

 

132   WisdomTree Trust


Notes to Financial Statements (continued)

security that is thinly traded; (v) a security in default or bankruptcy proceedings for which there is no current market quotation or market activity; (vi) a security affected by currency controls or restrictions; and (vii) a security affected by a significant event (e.g., an event that occurs after the close of the markets in which the security is traded but before the time as of which a Fund’s NAV is computed and that may materially affect the value of the Fund’s investments).

The valuation techniques and significant inputs used in determining the fair market value measurements for Level 2 and Level 3 positions are as follows:

Financial instruments are generally valued by independent pricing service providers that use broker-dealer quotations, reported trades or valuation estimates from their internal pricing models. Depending on the type of financial instrument, the independent pricing service providers’ internal pricing models may use inputs that are observable such as issuer details (e.g., credit rating, debt ranking, coupon date, maturity date, etc.), interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates and quoted prices for similar assets. Financial instruments that use similar valuation techniques and observable inputs as described above and have an appropriate level of market activity are categorized as Level 2 of the fair value hierarchy, otherwise a Level 3 fair value classification is appropriate. Over-the-counter financial derivative instruments derive their value from underlying asset prices, indices, reference rates, and other inputs or a combination of these factors. These instruments are normally valued on the basis of broker-dealer quotations or prices obtained from independent pricing service providers. Depending on the product and the terms of the transaction, the value of the financial derivative instruments can be estimated by an independent pricing service provider using a series of techniques including simulation pricing models. The pricing models may use inputs that are observed from actively quoted markets such as issuer details, indices, credit risks/spreads, interest rates, yield curves, default and exchange rates. Derivative contracts that use similar valuation techniques and observable inputs as described above and have an appropriate level of market activity are categorized as Level 2 of the fair value hierarchy, otherwise a Level 3 fair value classification is appropriate.

Determination of a fair value by the Pricing Committee may include significant unobservable inputs and therefore such financial instruments would be reflected as a Level 3 of the fair value hierarchy. The Pricing Committee may employ a market-based valuation approach which may use, among other potential considerations, related or comparable securities, recent transactions, market multiples, and other relevant information to determine fair value. The Pricing Committee may also use an income-based valuation approach in which anticipated future cash flows of the financial instrument are discounted to calculate fair value.

The summary of fair valuations according to the inputs used in valuing each Fund’s assets as of the measurement date and significant transfers into or out of Level 3 of the fair value hierarchy during the fiscal year or period ended June 30, 2022, if any, are included in a “Fair Valuation Summary” supplementary table in each applicable Fund’s Schedule of Investments.

Derivatives and Hedging Disclosure — Codification Topic 815 (“ASC 815”), Derivatives and Hedging, requires qualitative disclosures about objectives and strategies for using derivatives, quantitative disclosures about fair value amounts as well as gains and losses on derivative instruments, and disclosures about credit-risk-related contingent features in derivative agreements. The Funds have invested in derivatives, specifically foreign currency contracts, equity futures contracts and interest rate futures contracts during the fiscal year or period ended June 30, 2022 and open positions in such derivatives as of June 30, 2022 are detailed in each Fund’s Schedule of Investments. All of the derivative instruments disclosed and described herein are subject to credit risk. Credit risk is where the financial condition of an issuer of a security or instrument may cause it to default or become unable to pay interest or principal due on the security or where the counterparty to a derivative contract might default on its obligations. The maximum exposure to derivatives agreements with credit risk would be the total value of derivatives in net liability positions for each Fund, as disclosed in the table included in Note 2 — Master Netting Arrangements. Information with respect to the amounts and types of collateral received and/or posted for derivative instruments as of June 30, 2022, if any, is reflected as a footnote within each Fund’s Schedule of Investments.

As of June 30, 2022, the effects of such derivative instruments on each Fund’s financial position as reflected in the Statements of Assets and Liabilities are presented in the summary below:

 

     
     Asset Derivatives      Liability Derivatives  
Fund    Balance Sheet Location    Value      Balance Sheet Location    Value  

Dynamic Currency Hedged International Equity Fund

 

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
   $ 4,246,779      Unrealized depreciation on
foreign currency contracts
   $ 29,341  

Dynamic Currency Hedged International SmallCap Equity Fund

 

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     1,590,247      Unrealized depreciation on
foreign currency contracts
     14,332  

 

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Notes to Financial Statements (continued)

 

     
     Asset Derivatives      Liability Derivatives  
Fund    Balance Sheet Location    Value      Balance Sheet Location    Value  

International ESG Fund

 

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     1      Unrealized depreciation on
foreign currency contracts
      

Emerging Markets Efficient Core Fund

 

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     1,161      Unrealized depreciation on

foreign currency contracts

     42  

Interest rate risk

   Unrealized appreciation on
futures contracts*
          Unrealized depreciation on
futures contracts*
     257,720  

International Efficient Core Fund

 

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     554      Unrealized depreciation on
foreign currency contracts
      

Interest rate risk

   Unrealized appreciation on
futures contracts*
          Unrealized depreciation on
futures contracts*
     521,507  

U.S. Efficient Core Fund

 

Interest rate risk

   Unrealized appreciation on
futures contracts*
          Unrealized depreciation on
futures contracts*
     4,759,309  

Artificial Intelligence and Innovation Fund

 

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     1      Unrealized depreciation on
foreign currency contracts
     1  

Battery Value Chain and Innovation Fund

 

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     5      Unrealized depreciation on
foreign currency contracts
     3  
  * 

Includes cumulative appreciation (depreciation) of futures contracts as reported in each Fund’s Schedule of Investments. Only current day’s variation margin is reported within the Statements of Assets and Liabilities. Please see Note 2 (Futures Contracts) on page 137 for additional information regarding balance sheet location of balances associated with futures contracts

For the fiscal year or period ended June 30, 2022, the effects of derivative instruments on each applicable Fund’s financial performance as reflected in the Statements of Operations are presented in the summary below:

 

     
Fund    Amount of Realized Gain
or (Loss) on Derivatives
Recognized1
     Change in Unrealized
Appreciation or
(Depreciation) on
Derivatives Recognized2
 

Dynamic Currency Hedged International Equity Fund

 

Foreign currency risk

   $ 12,127,972      $ 2,545,957  

Dynamic Currency Hedged International SmallCap Equity Fund

 

Equity risk

     3,195         

Foreign currency risk

     3,785,890        1,178,053  

Emerging Markets ESG Fund

 

Foreign currency risk

     (12,381       

International ESG Fund

 

Foreign currency risk

     2,980        1  

Emerging Markets Efficient Core Fund

 

Equity risk

     8,748        106  

Foreign currency risk

     (111,168      1,119  

Interest rate risk

     (1,588,862      (273,306

International Efficient Core Fund

 

Foreign currency risk

     (11,890      554  

Interest rate risk

     (5,344,771      (532,484

U.S. Efficient Core Fund

 

Foreign currency risk

     (6       

Interest rate risk

     (45,041,558      (7,341,122

Artificial Intelligence and Innovation Fund3

 

Foreign currency risk

     258        0 4 

 

134   WisdomTree Trust


Notes to Financial Statements (continued)

 

     
Fund    Amount of Realized Gain
or (Loss) on Derivatives
Recognized1
     Change in Unrealized
Appreciation or
(Depreciation) on
Derivatives Recognized2
 

Battery Value Chain and Innovation Fund5

 

Foreign currency risk

     (3,944      2  

BioRevolution Fund

 

Foreign currency risk

     (648       

Cybersecurity Fund

 

Foreign currency risk

     (23,733      (21
  1 

Realized gains (losses) on derivatives are located on the Statements of Operations as follows:

 

Equity risk

   Net realized gain (loss) from futures contracts

Foreign currency risk

   Net realized gain (loss) from foreign currency contracts

Interest rate risk

   Net realized gain (loss) from futures contracts
  2 

Change in unrealized appreciation (depreciation) is located on the Statements of Operations as follows:

 

Equity risk

   Net increase (decrease) in unrealized appreciation/depreciation from futures contracts

Foreign currency risk

   Net increase (decrease) in unrealized appreciation/depreciation from foreign currency contracts

Interest rate risk

   Net increase (decrease) in unrealized appreciation/depreciation from futures contracts

 

  3 

For the period December 9, 2021 (commencement of operations) through June 30, 2022.

 

  4 

Amount represents less than $1.

 

  5

For the period February 17, 2022 (commencement of operations) through June 30, 2022.

During the fiscal year or period ended June 30, 2022, the volume of derivative activity (based on the average of month-end balances, except where footnoted) for each Fund was as follows:

 

   
     Average Notional  
Fund    Foreign currency
contracts
(to deliver USD)
     Foreign currency
contracts
(to receive USD)
     Futures
contracts
(long)
 

Dynamic Currency Hedged International Equity Fund

 

Foreign currency risk

   $  113,264,813      $  227,099,814      $  

Dynamic Currency Hedged International SmallCap Equity Fund

 

Equity risk1

                   36,260  

Foreign currency risk

     32,994,219        64,847,032         

Emerging Markets ESG Fund

 

Foreign currency risk

            5,121         

International ESG Fund

 

Foreign currency risk1

     8,101        33,191         

Emerging Markets Efficient Core Fund

 

Equity risk

                   28,576  

Foreign currency risk

     861,314        432,262         

Interest rate risk

                   12,892,503  

International Efficient Core Fund

 

Foreign currency risk

     246,951        92,707         

Interest rate risk

                     36,718,325  

U.S. Efficient Core Fund

 

Foreign currency risk1

            240         

Interest rate risk

                   469,367,280  

Artificial Intelligence and Innovation Fund2

 

Foreign currency risk

     100        35         

Battery Value Chain and Innovation Fund3

 

Foreign currency risk

     1,508        889         

BioRevolution Fund

 

Foreign currency risk1

     8,540        1,264         

Cybersecurity Fund

 

Foreign currency risk1

     198,353        43,233         
  1 

The volume of derivative activity for the period is based on intra-month balances.

 

  2

For the period December 9, 2021 (commencement of operations) through June 30, 2022.

 

  3

For the period February 17, 2022 (commencement of operations) through June 30, 2022.

 

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Notes to Financial Statements (continued)

 

Investment Transactions and Investment Income — Investment transactions are recorded as of the date that the securities are purchased or sold (trade date). Realized gains and losses on sales of portfolio securities are calculated using the identified-cost method. Dividend income (less foreign taxes withheld, if any) is recognized on the ex-dividend date or, with respect to foreign dividends, as soon as practicable after the existence of a dividend declaration has been determined. Non-cash dividend income is recognized at the fair value of securities received on the ex-dividend date or as soon as practicable after the existence of a dividend declaration has been determined. On each measurement date, the Funds evaluate the collectability of receivable balances. Generally, the Funds will write-off dividend receivable balances that are canceled by the issuer as of the date that the dividend receivable cancellation notification was publicly made available or when it becomes probable that dividends will not be collected and the amount of uncollectable dividends can be reasonably estimated. In addition, the Funds generally will write-off interest receivable balances in default by the issuer as of the date any applicable interest payment grace period or forbearance period expires or as of the date any interest payment cancellation notification was publicly made available or when it becomes probable that interest will not be collected and the amount of uncollectable interest can be reasonably estimated. Interest income (including amortization of premiums and accretion of discounts), less any foreign taxes withheld, is accrued daily. Generally, amortization of premiums and accretion of discounts are recognized daily using the effective interest method (also known as the scientific amortization method). Income earned from securities lending activities (i.e., securities lending income), net of fees payable to the securities borrower and/or securities lending agent, is accrued daily.

Foreign Currency Translation — The accounting records of the Funds are maintained in U.S. dollars. Foreign currencies, as well as investment securities and other assets and liabilities denominated in foreign currencies, are translated into U.S. dollars using exchange rates prevailing on the respective dates of such transactions that are deemed appropriate by WTAM. Realized and unrealized foreign exchange gains and losses on investments are included as a component of “net realized gain (loss) from investment transactions” and “net increase (decrease) in unrealized appreciation/depreciation from investment transactions”, respectively, on the Statements of Operations. Realized and unrealized foreign exchange gains or losses from foreign currency contracts are included in “net realized gain (loss) from foreign currency contracts” and “net increase (decrease) in unrealized appreciation/depreciation from foreign currency contracts”, respectively, on the Statements of Operations. Realized and unrealized foreign exchange gains or losses arising from sales of foreign currencies, currency gains or losses recognized between the trade and settlement dates on investment transactions, and the difference between the amounts of dividends and foreign withholding taxes recorded on the Funds’ books and the U.S. dollar equivalent of the amounts actually received or paid are included in “net realized gain (loss) from foreign currency related transactions” and/or “net increase (decrease) in unrealized appreciation/depreciation from translation of assets and liabilities denominated in foreign currencies” in the Statements of Operations. Certain foreign exchange gains and losses included in realized and unrealized gains or losses are included in, or are a reduction of, ordinary income in accordance with U.S. Federal income tax regulations.

Expenses — Under the investment advisory agreement for each Fund, WTAM has agreed to pay all expenses of the Trust, except for: (i) brokerage expenses and other fees, charges, taxes, levies or expenses (such as stamp taxes) incurred in connection with the execution of portfolio transactions or in connection with creation and redemption transactions (including without limitation any fees, charges, taxes, levies or expenses related to the purchase or sale of an amount of any currency, or the patriation or repatriation of any security or other asset, related to the execution of portfolio transactions or any creation or redemption transactions); (ii) legal fees or expenses in connection with any arbitration, litigation or pending or threatened arbitration or litigation, including any settlements in connection therewith; (iii) compensation and expenses of trustees who are not interested persons of the Funds (“Independent Trustees”); (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s Chief Compliance Officer (“CCO”); (vi) extraordinary expenses (in each case as determined by a majority of the Independent Trustees); (vii) distribution fees and expenses paid by the Trust under any distribution plan adopted pursuant to Rule 12b-1 under the 1940 Act; (viii) interest and taxes of any kind or nature (including, but not limited to, income, excise, transfer and withholding taxes); (ix) fees and expenses related to the provision of securities lending services; and (x) the advisory fee payable to WTAM.

Acquired fund fees and expenses (“AFFEs”) (which are fees and expenses incurred indirectly by a Fund through its investments in certain underlying investment companies) are not operating expenses of the Funds and are not paid by WTAM.

Pursuant to a separate contractual arrangement, WTAM arranges for the provision of CCO services with respect to each Fund, and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees. WTAM receives a fee, as shown on the Statements of Operations under “Service fees”, of up to 0.0044% per annum of each Fund’s average daily net assets for providing such services and paying such expenses. WTAM provides CCO services to the Trust.

Foreign Currency Contracts — The Funds may enter into foreign currency contracts to facilitate local securities settlements or to protect against currency exposure. The Funds, other than the Currency Hedged Equity Funds, do not expect to engage in currency transactions for the purpose of hedging against currency exposures of the Fund’s assets that are denominated in one or more foreign

 

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Notes to Financial Statements (continued)

 

currencies. The Funds may not enter into such contracts for speculative purposes. During the fiscal year or period ended June 30, 2022, the Funds, except for the Currency Hedged Equity Funds, utilized foreign currency contracts primarily to facilitate foreign security settlements. The Currency Hedged Equity Funds utilized foreign currency contracts primarily to dynamically offset applicable international currency exposure from positions in international equities. A foreign currency contract involves an obligation to purchase or sell a specific currency at a future date, which may be any fixed number of days from the date of the contract agreed upon by the parties, at a price set at the time of the contract. These contracts are principally traded in the inter-bank market conducted directly between currency traders (usually large, commercial banks) and their customers. A foreign currency contract generally does not require an initial margin deposit and no commissions are charged at any stage for trades.

Risks may arise upon entering into foreign currency contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of foreign currencies relative to the U.S. dollar or each other.

Fluctuations in the value of open foreign currency contracts are recorded for book purposes as unrealized gains or losses on foreign currency contracts by the Funds and are included in “net increase (decrease) in unrealized appreciation/depreciation from foreign currency contracts” on the Statements of Operations. Realized gains and losses on foreign currency contracts include net gains or losses recognized by the Funds on contracts which have settled are included in “net realized gain (loss) from foreign currency contracts on the Statements of Operations.

Futures Contracts — The Dynamic Currency Hedged International SmallCap Equity Fund utilized equity futures contracts on a temporary basis during the period to obtain market exposure consistent with its investment objective during the Fund’s quarterly portfolio rebalance. The Emerging Markets Efficient Core Fund utilized futures contracts to obtain long exposure to equity futures contracts and U.S. Treasury obligations consistent with its investment strategy. The International Efficient Core Fund and U.S. Efficient Core Fund primarily utilized futures contracts to obtain long exposure to U.S. Treasury obligations consistent with their investment strategy. When a Fund purchases a listed futures contract, it agrees to purchase a specified reference asset (e.g., equity, currency or U.S. Treasury security) at a specified future date. When a Fund sells a listed futures contract, it agrees to sell a specified reference asset (e.g., equity, currency or U.S. Treasury security) at a specified future date. The price at which the purchase and sale will take place is fixed when the Fund enters into the contract. The exchange clearing corporation is the ultimate counterparty for all exchange-listed contracts, so credit risk is limited to the creditworthiness of the exchange clearing corporation.

Upon entering into a futures contract, a Fund is required to deliver to a broker an amount of cash and/or U.S. government securities equal to a certain percentage of the contract amount. This amount is known as the “initial margin”. Cash deposited as initial margin, if any, is shown as “Deposits at broker for futures contracts” in the Statement of Assets and Liabilities, and U.S. government securities deposited, if any, are designated in the Schedule of Investments. Subsequent payments, known as “variation margin”, generally are made or received by the Fund each day or at other agreed-upon time periods depending on the fluctuations in the value of the underlying futures contracts, except that in the case of certain futures contracts, variation margin payments may be made or received when the futures contract expires. Variation margin is recorded for financial statement purposes on a daily basis as an unrealized gain or loss on futures until the financial futures contract is closed, at which time the net gain or loss is reclassified to realized gain or loss on futures. The current one-day variation margin on open futures contracts is shown on the Statements of Assets and Liabilities as either a receivable or a payable for “Net variation margin on futures contracts”. The variation margins received or paid by the Funds on both open and closed futures contracts are shown in the Statements of Assets and Liabilities, in whole or in part, as a component of, or an offset to, “Deposits at broker for futures contracts”. Deposits at broker utilized for futures contract margin requirements generally are restricted from withdrawal. When a Fund purchases or sells a futures contract, the Fund is required to “cover” its position in order to limit the risk associated with the use of leverage and other related risks. To cover its position, a Fund will segregate assets consisting of, or take other measures with respect to, cash or liquid securities that, when added to any amounts deposited with a futures commission merchant as margin, will “cover” its position in a manner consistent with the 1940 Act or the rules and SEC interpretations thereunder. This will function as a practical limit on the amount of leverage which a Fund may undertake and on the potential increase in the speculative character of a Fund’s outstanding portfolio securities. Please see Note 7 “Recent Regulatory Update” for information on new regulations governing the use of derivatives by the Funds.

Securities Lending — Each Fund may lend portfolio securities to certain creditworthy borrowers, including the Funds’ securities lending agent. It is the Funds’ policy that, at origination, all loans are secured by collateral of at least 102% of the value of U.S. securities loaned and 105% of the value of foreign securities loaned. Collateral in the form of cash and/or securities issued or guaranteed by the U.S. government or its agencies, equivalent to at least 100% of the market value of securities, is maintained at all times. The cash collateral can be invested in certain money market mutual funds which also have exposure to the fluctuations of the market. The values of the investments of cash collateral for securities on loan along with the obligations to return such collateral are included on the Statements of Assets and Liabilities. The total value of securities received as collateral for securities on loan is

 

WisdomTree Trust      137  


Notes to Financial Statements (continued)

 

included in a footnote following each Schedule of Investments, but is not included within the Statements of Assets and Liabilities because the receiving Fund does not have the right to sell or repledge the securities received as collateral. As compensation for lending its securities, each Fund retains all or a portion of the interest received on investment of cash collateral or receives a fee from the borrower (net of any fee rebates paid to the borrower). The lending agent receives a portion of the income earned by the Funds in connection with the lending program. The net securities lending income earned by the Funds is disclosed on the Statements of Operations. The dividend and interest income earned on the securities loaned is accounted for in the same manner as other dividend and interest income. The borrower pays to the Funds an amount equal to any dividends or interest received on loaned securities. Dividends received while a security is out on loan are not considered Qualified Dividend Income (“QDI”) under the specific criteria issued by the Internal Revenue Service and are subject to taxation at the shareholder’s ordinary income tax rate instead of the lower long-term capital gains tax rate. Lending portfolio securities could result in a loss or delay in recovering each Fund’s securities if the borrower defaults. In the event of a borrower default with respect to the failure to return to each Fund some or all of the securities loaned, the securities lending agent shall indemnify each Fund against the failure of the borrower if the value of the collateral received is insufficient to cover the market value of the securities loaned.

Master Netting Arrangements — Codification Topic 210 (“ASC 210”), Balance Sheet, requires disclosures generally intended to (i) help investors and other financial statement users to better assess the effect or potential effect of offsetting arrangements on a company’s financial position, (ii) improve transparency in the reporting of how companies mitigate credit risk, and (iii) facilitate comparisons between those entities that prepare their financial statements on the basis of GAAP and those entities that prepare their financial statements on the basis of international financial reporting standards. ASC 210 requires entities to disclose (i) gross and net information about both instruments and transactions eligible for offset in the financial statements, and (ii) instruments and transactions subject to an agreement similar to a master netting agreement. ASC 210 is limited in scope to the following financial instruments, to the extent they are offset in the financial statements or subject to an enforceable master netting arrangement or similar agreement: (i) recognized derivative instruments accounted for under ASC 815 (Derivatives and Hedging); (ii) repurchase agreements and reverse repurchase agreements; and (iii) securities borrowing and securities lending transactions.

In order to better define its contractual rights and to secure rights that will help a Fund mitigate its counterparty risk, a Fund enters into an International Swaps and Derivatives Association, Inc. Master Agreement (“ISDA Master Agreement”) with its counterparties. An ISDA Master Agreement is a bilateral agreement between a Fund and a counterparty that governs over-the-counter derivatives (“OTC”), such as foreign currency contracts, and typically contains, among other things, collateral posting terms, netting and rights of set-off provisions in the event of a default and/or termination event. Under an ISDA Master Agreement, a Fund may, under certain circumstances, offset with the counterparty certain derivative financial instruments’ payables and receivables to create a single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of a default (close-out netting) or similar event, including the bankruptcy or insolvency of the counterparty.

Collateral requirements generally differ by type of derivative. Collateral terms are contract-specific for OTC derivatives (e.g., foreign currency contracts, options and certain swaps). To the extent amounts due to a Fund from its derivatives counterparties are not fully collateralized, contractually or otherwise, the Fund bears the risk of loss from a counterparty’s non-performance.

The Funds’ securities lending activities are governed by a Securities Lending Authorization Agreement (“Lending Agreement”) between the Funds and the lending agent. The Lending Agreement authorizes the lending agent to lend qualifying U.S. and foreign securities held by a Fund to approved borrowers (each a “Borrower”). To mitigate borrower risk, a Fund typically receives from a Borrower collateral in the form of U.S. dollar cash and/or securities issued or guaranteed by the U.S. government or its agencies in excess of the market value of the securities loaned. Under the provisions of the Lending Agreement, a Fund shall have, as to the collateral, all of the rights and remedies of a secured party under applicable law. A Fund is exposed to risk of loss if a Borrower defaults on its obligation to return borrowed securities and the value of the collateral a Fund received is insufficient to cover the market value of the securities loaned. Also, the lending agent is permitted to invest the cash collateral it receives from a Borrower into a money market fund which is subject to market fluctuation. Therefore, a Fund is exposed to risk of loss if the value of invested cash collateral is insufficient to satisfy the Fund’s obligation to return the full amount owed to such Borrower.

Each Fund’s futures contracts are all exchange traded and are not subject to master netting arrangements. Therefore, all futures contracts are excluded from the netting table herein.

For financial reporting purposes, the Funds elect to not offset assets and liabilities subject to an ISDA Master Agreement or Lending Agreement, if any, in the Statements of Assets and Liabilities. Therefore, all qualifying transactions are presented on a gross basis in

 

138   WisdomTree Trust


Notes to Financial Statements (continued)

 

the Statements of Assets and Liabilities. As of June 30, 2022, the impact of netting of assets and liabilities and the offsetting of collateral pledged or received based on contractual netting/set-off provisions in the ISDA Master Agreement and the Lending Agreement are detailed in the following table:

 

     
    Assets     Liabilities  
   

Gross Amounts
in the
Statements of

Assets and
Liabilities

    Gross Amounts Not Offset
in the Statements of
Assets and Liabilities
   

Net Amount

   

Gross Amounts
in the
Statements of

Assets and
Liabilities

    Gross Amounts Not Offset
in the Statements of
Assets and Liabilities
       
Fund   Financial
Instruments
    Collateral
Received
    Financial
Instruments
    Collateral
Posted
    Net Amount  

Dynamic Currency Hedged International Equity Fund

               

Securities Lending

  $ 6,762,760     $     $ (6,762,760 )1    $     $     $     $     $  

Foreign Currency Contracts

    4,246,779       (14,025           4,232,754       29,341       (14,025           15,316  

Dynamic Currency Hedged International SmallCap Equity Fund

               

Securities Lending

    5,221,005             (5,221,005 )1                               

Foreign Currency Contracts

    1,590,247       (6,452           1,583,795       14,332       (6,452           7,880  

Emerging Markets ESG Fund

               

Securities Lending

    601,144             (601,144 )1                               

International ESG Fund

               

Securities Lending

    292,233             (292,233 )1                               

Foreign Currency Contracts

    1                   1                          

U.S. Corporate Bond Fund

               

Securities Lending

    643,606             (643,606 )1                               

U.S. High Yield Corporate Bond Fund

               

Securities Lending

    18,352,831             (18,352,831 )1                               

U.S. Short-Term Corporate Bond Fund

               

Securities Lending

    1,661,467             (1,661,467 )1                               

Emerging Markets Efficient Core Fund

               

Foreign Currency Contracts

    1,161       (22           1,139       42       (22           20  

International Efficient Core Fund

               

Foreign Currency Contracts

    554                   554                          

U.S. Efficient Core Fund

               

Securities Lending

    567,142             (567,142 )1                               

Artificial Intelligence and Innovation Fund

               

Foreign Currency Contracts

    1                   1       1                   1  

Battery Value Chain and Innovation Fund

               

Foreign Currency Contracts

    5                   5       3                   3  

Cloud Computing Fund

               

Securities Lending

    53,091,540             (53,091,540 )1                               

Cybersecurity Fund

               

Securities Lending

    3,145,726             (3,145,726 )1                               
  1The

amount of collateral presented has been limited such that the net amount by counterparty cannot be less than zero.

Short-Term Investments — Each Fund may invest a portion of its assets in high-quality money market instruments on an ongoing basis to provide liquidity or for other reasons. The instruments include short-term obligations issued by the U.S. government, its agencies, non-U.S. government agencies, negotiable certificates of deposit (“CDs”), fixed time deposits and bankers’ acceptances of U.S. and foreign banks and similar institutions, commercial papers, repurchase agreements and money market funds. CDs are short-term negotiable obligations of commercial banks. Time deposits are non-negotiable deposits maintained in banking institutions for specified periods of time at stated interest rates. Banker’s acceptances are time drafts drawn on commercial banks by borrowers, usually in connection with international transactions.

Emerging Markets Investments — Investments in securities listed and traded in emerging markets are subject to additional risks that may not be present for U.S. investments or investments in more developed non-U.S. markets. Such risks may include: (i) greater market volatility; (ii) lower trading volume; (iii) greater social, political and economic uncertainty; (iv) governmental controls on foreign investments and limitations on repatriation of invested capital; (v) the risk that companies may be held to lower disclosure, corporate governance, auditing and financial reporting standards than companies in more developed markets; and (vi) the risk that there may be less protection of property rights than in other countries. Emerging markets are generally less liquid and less efficient than developed securities markets.

 

WisdomTree Trust      139  


Notes to Financial Statements (continued)

 

Tax Information and Dividends and Distributions to Shareholders — It is each Fund’s policy to comply with all requirements of the Internal Revenue Code of 1986, as amended (the “Code”). A portion of the Code, known as subchapter M (“Subchapter M”), addresses the ways by which investment companies and investment trusts may pass income through to shareholders in order to avoid double taxation. Each Fund intends to qualify for and to elect treatment as a separate Regulated Investment Company (“RIC”) under Subchapter M of the Code so that it will not be subject to federal income tax on income and gains that are timely distributed to Fund shareholders. Accordingly, no provision for U.S. federal income taxes is required. In order to qualify for the special tax treatment accorded to RICs and their shareholders, each Fund must, among other things, distribute with respect to each taxable year an amount equal to or greater than the sum of 90% of its investment company taxable income and 90% of its net tax-exempt interest income. There can be no guarantee that a Fund will pay dividends. Taxable net realized gains from investment transactions, reduced by capital loss carryforwards, if any, are declared and distributed to shareholders at least annually. The capital loss carryforward amount, if any, is available to offset future net capital gains. The Funds may occasionally be required to make supplemental distributions at some other time during the year. The Trust reserves the right to declare special distributions if, in its reasonable discretion, such action is necessary or advisable to preserve the status of each Fund as a RIC or to avoid imposition of income or excise taxes on undistributed income. Dividends and distributions to shareholders are recorded on the ex-dividend date. The amount of dividends and distributions from net investment income and net realized capital gains is determined in accordance with the requirements of the Code and the U.S. Treasury regulations. These book/tax differences are either considered temporary or permanent in nature. To the extent these differences are permanent in nature, such amounts are reclassified within the components of net assets based on their Federal tax basis treatment; temporary differences do not require reclassification. Dividends and distributions that exceed earnings and profit for tax purposes are reported for tax purposes as a return of capital.

3. ADVISORY FEES AND OTHER TRANSACTIONS WITH AFFILIATES

WTAM has overall responsibility for the general management and administration of the Trust. WTAM provides an investment program for each Fund. WTAM has arranged for Mellon Investments Corporation (“Mellon”) to provide sub-advisory services to the Funds, except for U.S. Corporate Bond Fund, U.S. High Yield Corporate Bond Fund and U.S. Short-Term Corporate Bond Fund which are sub-advised by Voya Investment Management Co., LLC (“Voya IM”). Mellon and Voya IM are compensated by WTAM at no additional cost to the Funds. WTAM also arranges for transfer agency, custody, fund accounting, fund administration, securities lending and all other non-distribution related services necessary for the Funds to operate, which are generally under separate agreements entered into between the Trust on behalf of the Funds and the applicable service provider. Under the investment advisory agreement for each Fund, WTAM agrees to pay all expenses of the Funds, except for certain expenses described in Note 2.

Pursuant to a separate contractual arrangement, as also described in Note 2, WTAM arranges for the provision of CCO services with respect to each Fund, and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees in exchange for a fee, accrued daily and paid monthly in arrears, of up to 0.0044% per annum of each Fund’s average daily net assets.

WTAM expects to receive annual advisory fees from each Fund, based on a percentage of the Fund’s average daily net assets, as shown in the following table:

 

   
Fund   

Advisory

Fee Rate

 

Dynamic Currency Hedged International Equity Fund

     0.40

Dynamic Currency Hedged International SmallCap Equity Fund

     0.48

Emerging Markets ESG Fund

     0.32

International ESG Fund

     0.30

U.S. Corporate Bond Fund

     0.18

U.S. High Yield Corporate Bond Fund

     0.38

U.S. Short-Term Corporate Bond Fund

     0.18

Emerging Markets Efficient Core Fund

     0.32

International Efficient Core Fund

     0.26

U.S. Efficient Core Fund

     0.20

Artificial Intelligence and Innovation Fund1

     0.45

Battery Value Chain and Innovation Fund2

     0.45

BioRevolution Fund

     0.45

Cloud Computing Fund

     0.45

Cybersecurity Fund

     0.45
  1 

Since the commencement of operations on December 9, 2021.

 

  2

Since the commencement of operations on February 17, 2022.

 

140   WisdomTree Trust


Notes to Financial Statements (continued)

 

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Transactions in shares of affiliated ETFs for the fiscal year ended June 30, 2022, as applicable, are included in an “Investment in Affiliates” supplementary table in each applicable Fund’s Schedule of Investments. For these transactions, WTAM voluntarily waives a portion of the advisory fees, that it would otherwise charge, in an amount equal to the indirect AFFE (which are fees and expenses incurred indirectly by a Fund through its investments in certain underlying investment companies) attributable to each Fund’s investment in affiliated ETFs. The dollar amount of advisory fees waived during the period for the Funds, if any, are included in the Statement of Operations in “Expense waivers”.

During the fiscal year ended June 30, 2022, certain Funds engaged in purchase and sale transactions with funds that have a common investment adviser, WTAM. These interfund purchase and sale transactions were effected in accordance with Rule 17a-7 under the 1940 Act. For the fiscal year ended June 30, 2022, the cost of purchases, proceeds from sales and the net realized gain or loss recognized upon the disposal of securities resulting from interfund transactions are shown in the following table:

 

       
Fund    Purchases      Sales      Net Realized
Gain/(Loss)
 

Dynamic Currency Hedged International Equity Fund

   $ 5,754,779      $ 8,730,082      $ 327,730  

Dynamic Currency Hedged International SmallCap Equity Fund

     1,536,028        1,344,540        (58,196

WTAM and/or WisdomTree Investments (collectively herein, “WT”) may from time to time own shares of a Fund. As of and for the fiscal year or period ended June 30, 2022, WT held shares of and received distributions from the following Funds, which were purchased through an unaffiliated broker in ordinary brokerage transactions in the secondary market in which the Funds’ shares trade:

       
     At June 30, 2022           For the Fiscal Year Ended
June 30, 2022
 
Fund    Fund Shares
held by WT
     Market Value of
Fund Shares
held by WT
           Dividends and Distributions
paid to WT on
Fund Shares
held by WT
 

Dynamic Currency Hedged International Equity Fund

     667      $ 18,643             $ 1,032  

International ESG Fund

     324        8,064               274  

U.S. Corporate Bond Fund

     18,000        813,031               23,967  

U.S. High Yield Corporate Bond Fund

     478        21,032               993  

U.S. Short-Term Corporate Bond Fund

     58,349        2,771,461               48,136  

Emerging Markets Efficient Core Fund

     40        1,138               6  

International Efficient Core Fund

     188        5,818               92  

U.S. Efficient Core Fund

     399        13,303               84  

Cloud Computing Fund

     78        2,186                

Cybersecurity Fund

     134        2,383               8  

During the fiscal period ended June 30, 2022, in connection with the organization of the Artificial Intelligence and Innovation Fund and the Battery Value Chain and Innovation Fund, for each newly launched fund, WTAM contributed $100 in exchange for 4 shares in the Artificial Intelligence and Innovation Fund, and contributed $120 in exchange for 3 shares in the Battery Value Chain and Innovation Fund. Prior to June 30, 2022, WTAM redeemed the aforementioned shares as follows: 4 shares of the Artificial Intelligence and Innovation Fund for proceeds of $101 and 3 shares of the Battery Value Chain and Innovation Fund for proceeds of $117.

4. CAPITAL SHARE TRANSACTIONS

As of June 30, 2022, there were an unlimited number of $0.001 par value shares of beneficial interest authorized by the Trust. Shares are issued and redeemed by each Fund only in creation units or multiples thereof. Except when aggregated in creation units, shares of each Fund are not redeemable. Transactions in shares for each Fund are disclosed in detail in the Statements of Changes in Net Assets. The consideration for the purchase of creation units of a Fund generally consists of the in-kind contribution of a basket of securities and/or an amount of cash. Investors purchasing and redeeming creation units may be charged a purchase transaction fee and a redemption transaction fee to offset transfer and other transaction costs associated with the issuance and redemption of creation units.

5. INVESTMENT PORTFOLIO TRANSACTIONS

Purchases and sales of investments (excluding purchases and sales resulting from in-kind capital share transactions and short-term investments) and the cost of purchases and the proceeds from sales resulting from in-kind capital share transactions (excluding

 

WisdomTree Trust      141  


Notes to Financial Statements (continued)

 

short-term investments) for the fiscal year or period ended June 30, 2022 are shown in the following table. Realized gains and losses on sales resulting from in-kind capital share redemptions, as shown on the Statements of Operations, are not recognized by the Funds for tax purposes.

 

       
                   In-kind Capital Share Transactions  
Fund    Purchases      Sales      Purchases      Sales  

Dynamic Currency Hedged International Equity Fund

   $ 75,677,843      $ 55,920,551      $ 37,860,703      $ 23,065,862  

Dynamic Currency Hedged International SmallCap Equity Fund

     31,653,907        23,407,827        31,268,226        10,231,863  

Emerging Markets ESG Fund

     17,415,421        16,990,186        514,536        1,418,720  

International ESG Fund

     6,989,255        6,950,636        1,435,371         

U.S. Corporate Bond Fund

     24,211,781        23,689,239                

U.S. High Yield Corporate Bond Fund

     45,025,349        43,409,811        80,686,588        34,274,299  

U.S. Short-Term Corporate Bond Fund

     21,455,794        20,846,951        14,830,769         

Emerging Markets Efficient Core Fund

     47,877,104        20,253,789        13,299,998        3,384,442  

International Efficient Core Fund

     7,752,355        6,944,698        137,324,098        49,886,575  

U.S. Efficient Core Fund

     48,188,599        83,715,056        489,167,076        165,509,367  

Artificial Intelligence and Innovation Fund1

     1,355,671        106,168                

Battery Value Chain and Innovation Fund2

     2,910,764        906,417                

BioRevolution Fund

     662,570        606,975        3,542,104         

Cloud Computing Fund

     530,149,603        533,240,670        787,619,713        824,506,634  

Cybersecurity Fund

     21,395,959        21,197,447        33,058,706        12,408,395  
  1 

For the period December 9, 2021 (commencement of operations) through June 30, 2022.

 

  2

For the period February 17, 2022 (commencement of operations) through June 30, 2022.

6. FEDERAL INCOME TAXES

At June 30, 2022, the cost of investments (including securities on loan and derivatives) for Federal income tax purposes was as follows:

         
    Investments in Long Securities           Investments in Financial Derivatives1        
Fund   Tax Cost     Gross
Unrealized
Appreciation
   

Gross

Unrealized
Depreciation

   

Net Unrealized
Appreciation/

(Depreciation)

           Gross
Unrealized
Appreciation
    Gross
Unrealized
Depreciation
   

Net Unrealized
Appreciation/

(Depreciation)

   

Total Net
Unrealized
Appreciation/

(Depreciation)

 

Dynamic Currency Hedged International Equity Fund

  $ 179,909,458     $ 8,861,473     $ (18,675,481   $ (9,814,008           $ 25,886     $ (1,665   $ 24,221     $ (9,789,787

Dynamic Currency Hedged International SmallCap Equity Fund

    69,222,835       2,017,949       (11,576,778     (9,558,829             20,306       (159     20,147       (9,538,682

Emerging Markets ESG Fund

    25,052,381       3,629,087       (3,108,557     520,530                                 520,530  

International ESG Fund

    7,855,257       389,214       (646,102     (256,888             1             1       (256,887

U.S. Corporate Bond Fund

    45,893,985       1,710       (5,434,379     (5,432,669                               (5,432,669

U.S. High Yield Corporate Bond Fund

    214,704,506       255,191       (30,037,809     (29,782,618                               (29,782,618

U.S. Short-Term Corporate Bond Fund

    45,483,087       10,769       (1,874,339     (1,863,570                               (1,863,570

Emerging Markets Efficient Core Fund

    37,934,996       441,805       (7,534,987     (7,093,182             881       (42     839       (7,092,343

International Efficient Core Fund

    86,554,346       373,295       (19,154,524     (18,781,229             554             554       (18,780,675

U.S. Efficient Core Fund

    672,409,011       34,379,231       (84,887,783     (50,508,552                               (50,508,552

Artificial Intelligence and Innovation Fund

    1,175,982       3,533       (428,862     (425,329                               (425,329

Battery Value Chain and Innovation Fund

    1,886,783       109,042       (265,527     (156,485             5       (3     2       (156,483

BioRevolution Fund

    5,898,306       178,166       (1,394,047     (1,215,881                               (1,215,881

Cloud Computing Fund

    1,188,818,087       1,749,126       (531,950,142     (530,201,016                               (530,201,016

Cybersecurity Fund

    49,527,634       1,155,130       (16,814,074     (15,658,944                               (15,658,944
  1 

Certain financial derivatives may be considered section 1256 contracts under the Code. Each section 1256 contract held at the close of a taxable year shall be treated as sold for its fair market value on the last business day of such taxable year (and any realized gain and loss shall be taken into account for the taxable year). As such, the unrealized appreciation/(depreciation) for financial derivatives on a tax basis may not correspond to the unrealized appreciation/(depreciation) on a GAAP basis. The unrealized appreciation/(depreciation) for financial derivatives on a GAAP basis is located in the respective financial derivatives tables in each Fund’s Schedule of Investments.

 

142   WisdomTree Trust


Notes to Financial Statements (continued)

 

At June 30, 2022, the components of total distributable earnings (loss) on a tax-basis were as follows:

 

           
Fund    Undistributed
Ordinary Income
     Undistributed Capital
and Other Losses
     Net Unrealized
Appreciation/
(Depreciation)
     Currency and Other
Unrealized
Appreciation/
(Depreciation)
     Total Distributable
Earnings (Loss)
 

Dynamic Currency Hedged International Equity Fund

   $ 138,876      $ (31,192,196    $ (9,814,008    $ 9,489      $
(40,857,839

Dynamic Currency Hedged International SmallCap Equity Fund

     160,892        (2,618,349      (9,558,829      14,124        (12,002,162

Emerging Markets ESG Fund

     268,167        (9,666,488      520,530        (26,859      (8,904,650

International ESG Fund

     10,749        (3,280,221      (256,888      (655      (3,527,015

U.S. Corporate Bond Fund

     27,392        (2,503,404      (5,432,669             (7,908,681

U.S. High Yield Corporate Bond Fund

     124,720        (1,544,330      (29,782,618             (31,202,228

U.S. Short-Term Corporate Bond Fund

     43,952        (829,780      (1,863,570             (2,649,398

Emerging Markets Efficient Core Fund

     150,061        (2,770,235      (7,093,182      (3,992      (9,717,348

International Efficient Core Fund

     28,594        (7,148,570      (18,781,229      (6,814      (25,908,019

U.S. Efficient Core Fund

     440,856        (77,375,185      (50,508,552      1        (127,442,880

Artificial Intelligence and Innovation Fund

     899        (73,521      (425,329      (25      (497,976

Battery Value Chain and Innovation Fund

     10,154        (116,503      (156,485      (33      (262,867

BioRevolution Fund

     7,692        (209,938      (1,215,881      (40      (1,418,167

Cloud Computing Fund

            (109,074,480      (530,201,016             (639,275,496

Cybersecurity Fund

     7,183        (652,510      (15,658,944      (457      (16,304,728

The tax character of distributions paid during the fiscal years or periods ended June 30, 2022 and June 30, 2021, was as follows:

 

     
     Year or Period Ended June 30, 2022      Year Ended June 30, 2021  
Fund    Distributions Paid
from Ordinary
Income*
     Distributions Paid
from Long-Term
Capital Gains
     Distributions Paid
from Ordinary
Income*
     Distributions Paid
from Long-Term
Capital Gains
 

Dynamic Currency Hedged International Equity Fund

   $ 8,333,400      $      $ 5,826,707      $  

Dynamic Currency Hedged International SmallCap Equity Fund

     2,160,473               1,376,310         

Emerging Markets ESG Fund

     813,816               678,548         

International ESG Fund

     238,020               320,460         

U.S. Corporate Bond Fund

     1,111,508        86,158        1,207,970        33,410  

U.S. High Yield Corporate Bond Fund

     7,906,350               5,187,250         

U.S. Short-Term Corporate Bond Fund

     563,903        87,345        491,556        30,432  

Emerging Markets Efficient Core Fund

     367,111        11,347        3,000 1       1 

International Efficient Core Fund

     1,964,754        6,577        2,000 1       1 

U.S. Efficient Core Fund

     8,163,536               4,308,424        249,919  

Artificial Intelligence and Innovation Fund2

                           

Battery Value Chain and Innovation Fund3

                           

BioRevolution Fund

     4,424               4       4 

Cloud Computing Fund

                           

Cybersecurity Fund

     177,112               5       5 
  * 

Includes short-term capital gains, if any.

  1 

For the period May 20, 2021 (commencement of operations) through June 30, 2021.

  2 

For the period December 9, 2021 (commencement of operations) through June 30, 2022.

  3 

For the period February 17, 2022 (commencement of operations) through June 30, 2022.

  4 

For the period June 3, 2021 (commencement of operations) through June 30, 2021.

  5 

For the period January 28, 2021 (commencement of operations) through June 30, 2021.

At June 30, 2022, for Federal tax purposes, the Funds have capital loss carryforwards available to offset future capital gains as indicated in the table. The loss carryforward amounts do not have an expiration date and, therefore, can be carried forward indefinitely until utilized. To the extent that these loss carryforwards are utilized, capital gains so offset will not be distributed to shareholders.

 

WisdomTree Trust      143  


Notes to Financial Statements (continued)

 

       
Fund    Short-Term      Long-Term      Capital Loss
Available Total
 

Dynamic Currency Hedged International Equity Fund

   $ 1,141,173      $ 30,051,023      $ 31,192,196  

Dynamic Currency Hedged International SmallCap Equity Fund

     1,800,526        817,823        2,618,349  

Emerging Markets ESG Fund

     7,819,230        1,847,258        9,666,488  

International ESG Fund

     571,751        2,708,470        3,280,221  

U.S. Corporate Bond Fund

                    

U.S. High Yield Corporate Bond Fund

     816,343        727,987        1,544,330  

U.S. Short-Term Corporate Bond Fund

                    

Emerging Markets Efficient Core Fund

                    

International Efficient Core Fund

     3,577,018        3,571,552        7,148,570  

U.S. Efficient Core Fund

     39,036,354        38,338,831        77,375,185  

Artificial Intelligence and Innovation Fund

     73,521               73,521  

Battery Value Chain and Innovation Fund

     116,483        20        116,503  

BioRevolution Fund

     114,847        95,091        209,938  

Cloud Computing Fund

     81,720,335        25,645,029        107,365,364  

Cybersecurity Fund

     448,654        203,856        652,510  

Capital losses incurred after October 31 (“post-October capital losses”) and late year ordinary losses incurred after December 31 within the taxable year are deemed to arise on the first business day of each Fund’s next taxable year.

During the fiscal year or period ended June 30, 2022, the following Funds incurred and will elect to defer post-October capital losses and late year ordinary losses as follows:

 

       
Fund   

Short-Term

Post-October
Capital Losses

    

Long-Term

Post-October
Capital Losses

     Late Year
Ordinary Loss
 

Dynamic Currency Hedged International Equity Fund

   $             $  

Dynamic Currency Hedged International SmallCap Equity Fund

                    

Emerging Markets ESG Fund

                    

International ESG Fund

                    

U.S. Corporate Bond Fund

     353,159        2,150,246         

U.S. High Yield Corporate Bond Fund

                    

U.S. Short-Term Corporate Bond Fund

     431,848        397,932         

Emerging Markets Efficient Core Fund

     1,643,192        1,127,043         

International Efficient Core Fund

                    

U.S. Efficient Core Fund

                    

Artificial Intelligence and Innovation Fund1

                    

Battery Value Chain and Innovation Fund2

                    

BioRevolution Fund

                    

Cloud Computing Fund

                   1,709,116  

Cybersecurity Fund

                    
  1 

For the period December 9, 2021 (commencement of operations) through June 30, 2022.

  2 

For the period February 17, 2022 (commencement of operations) through June 30, 2022.

During the fiscal year or period ended June 30, 2022, the amount of capital loss carryforwards used to offset realized gains are shown in the following table:

 

   
Fund    Utilized
Capital Loss
Carryforward
 

Dynamic Currency Hedged International Equity Fund

   $ 13,367,023  

Dynamic Currency Hedged International SmallCap Equity Fund

     4,388,905  

Emerging Markets ESG Fund

      

International ESG Fund

      

U.S. Corporate Bond Fund

      

U.S. High Yield Corporate Bond Fund

      

U.S. Short-Term Corporate Bond Fund

      

 

144   WisdomTree Trust


Notes to Financial Statements (continued)

 

   
Fund    Utilized
Capital Loss
Carryforward
 

Emerging Markets Efficient Core Fund

   $           —  

International Efficient Core Fund

      

U.S. Efficient Core Fund

      

Artificial Intelligence and Innovation Fund1

      

Battery Value Chain and Innovation Fund2

      

BioRevolution Fund

      

Cloud Computing Fund

      

Cybersecurity Fund

      
  1 

For the period December 9, 2021 (commencement of operations) through June 30, 2022.

  2 

For the period February 17, 2022 (commencement of operations) through June 30, 2022.

At June 30, 2022, the effect of permanent “book/tax” reclassifications resulted in increases (decreases) to the components of net assets as shown in the following table. The differences are primarily due to redemptions-in-kind and net operating losses.

 

     
Fund   

Total

Distributable
Earnings (Loss)

     Paid-in Capital  

Dynamic Currency Hedged International Equity Fund

   $ (4,855,933    $ 4,855,933  

Dynamic Currency Hedged International SmallCap Equity Fund

     (4,255,563      4,255,563  

Emerging Markets ESG Fund

     (293,501      293,501  

International ESG Fund

             

U.S. Corporate Bond Fund

             

U.S. High Yield Corporate Bond Fund

     (405,063      405,063  

U.S. Short-Term Corporate Bond Fund

             

Emerging Markets Efficient Core Fund

     497,013        (497,013

International Efficient Core Fund

     2,270,055        (2,270,055

U.S. Efficient Core Fund

     (66,290,363      66,290,363  

Artificial Intelligence and Innovation Fund

             

Battery Value Chain and Innovation Fund

             

BioRevolution Fund

             

Cloud Computing Fund

     (111,362,354      111,362,354  

Cybersecurity Fund

     (1,766,480      1,766,480  

GAAP provides guidance on tax provisions that prescribe a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Foreign withholding taxes, as applicable, are accrued based on each Fund’s understanding of the tax rules and rates that exist in the foreign markets in which it invests. Foreign withholding taxes are accrued and applied to foreign income, net realized capital gains and net unrealized appreciation, as applicable, as the foreign income is earned or capital gains and unrealized appreciation are recorded. The dollar amount of applicable foreign withholding taxes on foreign income is included net in the Statements of Operations in “Less: Foreign withholding taxes,” the foreign capital gains tax applicable on the disposal of securities is included in the Statements of Operations in “Net realized gain (loss) from investment transactions” and the dollar amount of deferred foreign capital gains tax applicable on the unrealized appreciation on securities held is included in the Statements of Operations in “Net increase (decrease) in unrealized appreciation/depreciation from investment transactions”. The Funds record a foreign tax reclaim receivable on the ex-dividend date if the tax reclaim is “more likely than not” to be sustained assuming examination by tax authorities. This determination is based on, among other things, a jurisdiction’s legal obligation to pay reclaims as well as payment history and market convention. Foreign tax reclaims that have been recorded but not yet received are shown on the Statements of Assets and Liabilities in “Receivables: Foreign tax reclaims”.

As of and during the fiscal year or period ended June 30, 2022, the Funds did not have any liabilities for unrecognized tax benefits relating to uncertain income tax positions they have taken or expect to take in the future. If applicable, the Funds will recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in “Other” expenses on the Statements of Operations. The Funds file tax returns with the Internal Revenue Service, the State of New York, and various other states. Specific to U.S. federal and state taxes, generally, each of the tax years in the four-year period ended June 30, 2022, remains subject to examination by taxing authorities. Specific to foreign countries in which the Funds invest, all open tax years remain subject to examination by taxing authorities in the respective jurisdictions.

 

WisdomTree Trust      145  


Notes to Financial Statements (continued)

 

As a result of several European Court of Justice (“ECJ”) court cases in certain countries across the European Union (“EU”), certain Funds have filed additional tax reclaims for previously withheld taxes on dividends earned in those countries (“ECJ tax reclaims”). These additional filings are subject to various administrative proceedings by the local jurisdictions’ tax authorities within the EU, as well as a number of related judicial proceedings. Income recognized, if any, for ECJ tax reclaims is reflected as “Other income” in the Statements of Operations and the cost to file these additional ECJ tax reclaims is reflected as “Other fees” in the Statements of Operations. When the ECJ tax reclaim is not “more likely than not” to be sustained assuming examination by tax authorities due to the uncertainty that exists as to the ultimate resolution of these proceedings, the likelihood of receipt of these ECJ tax reclaims, and the potential timing of payment, no amounts are reflected in the financial statements. At June 30, 2022, the Dynamic Currency Hedged International Equity Fund and the Dynamic Currency Hedged International SmallCap Equity Fund recognized ECJ tax reclaim receivables of $17,685 and $2,225, respectively, in the Statements of Assets and Liabilities in “Other receivables” that were “more likely than not” to be sustained by tax authorities and the estimated cost of $5,305 and $668, respectively, to file for these reclaims is reflected in “Other liabilities” on the Statements of Assets and Liabilities. For U.S. income tax purposes, ECJ tax reclaims received by the Funds, if any, reduce the amounts of foreign taxes Fund shareholders can use as tax credits in their individual tax returns. In the event that ECJ tax reclaims received by a Fund during the fiscal year exceed foreign withholding taxes paid, and a Fund previously passed foreign tax credits on to its shareholders, a Fund must either amend historic tax reporting to shareholders or enter into a closing agreement with the Internal Revenue Service in order to pay the associated tax liability on behalf of the respective Fund’s shareholders. During the fiscal period ended June 30, 2022, the ECJ tax reclaims received by the Funds did not exceed the foreign withholding taxes of the respective Funds.

7. RECENT REGULATORY UPDATE

On August 19, 2022, the Funds will be required to comply with new regulations adopted by the SEC governing the use of derivatives by registered investment companies (“Rule 18f-4”). Rule 18f-4 imposes limits on the amount of derivatives a fund can enter into, eliminates the asset segregation framework currently used by the Funds to comply with Section 18 of the 1940 Act, and requires funds, whose use of derivatives is greater than a limited specified amount, to establish and maintain a comprehensive derivatives risk management program and appoint a derivatives risk manager. WTAM anticipates Rule 18f-4 will not have a material impact on the Funds.

8. RECENT ACCOUNTING PRONOUNCEMENT

In June 2022, the FASB issued Accounting Standards Update No. 2022-03 (“ASU 2022-03”) Fair Value Measurement (Topic 820) — Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions. The amendments in ASU 2022-03 clarify that a contractual restriction on the sale of an equity security is not considered part of the unit of account of the equity security and, therefore, is not considered in measuring fair value. The amendments also clarify that an entity cannot, as a separate unit of account, recognize and measure a contractual sale restriction. The amendments in ASU 2022-03 also require the following disclosures for equity securities subject to contractual sale restrictions: (i) the fair value of equity securities subject to contractual sale restrictions reflected in the balance sheet, (ii) the nature and remaining duration of the restriction(s), and (iii) the circumstances that could cause a lapse in the restriction(s). The amendments in ASU 2022-03 are effective for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years for public business entities (early adoption is also permitted). WTAM is currently evaluating the impact that the adoption of ASU 2022-03 will have on the Trust’s financial statements and related disclosures.

9. ADDITIONAL INFORMATION

The respiratory disease caused by a novel coronavirus (“COVID-19”) has spread globally since 2019, resulting in a global pandemic and major disruption to global markets and economies. In an organized attempt to contain and mitigate the effects of COVID-19, governments and businesses world-wide took aggressive measures, including businesses canceling dividends to preserve cash, governments closing borders, restricting international and domestic travel, and the imposition of prolonged quarantines of large populations. COVID-19 has resulted in the disruption of and delays in the delivery of healthcare services and processes, the cancellation of organized events and educational institutions, the disruption of production and supply chains, a decline in consumer demand for certain goods and services, and general concern and uncertainty, all of which have contributed to increased volatility in global markets. In recent months, however, the rapid COVID-19 vaccination rollout in the United States and certain other developed countries, coupled with the passage of stimulus programs in the U.S. and abroad, have resulted in a reversal of many of these trends including the re-opening of businesses, a reduction in quarantine requirements, increased consumer demand, and the resumption of certain in-person schooling, travel and events. Despite these positive trends, the prevalence of new COVID-19 variants, a failure to achieve herd immunity, or other unforeseen circumstances may result in the continued spread of the virus throughout unvaccinated populations or a resurgence in infections among vaccinated populations. As a result, it remains unclear if recent positive trends will continue in developed markets and whether such trends will spread world-wide to countries with limited access to vaccines that are still experiencing rising COVID-19 cases, hospitalizations and deaths.

The effects of COVID-19 have affected and are likely to continue to affect certain sectors and industries more dramatically than others, and the effects borne by some will negatively affect the value of the issuers in those sectors and industries, which may

 

146   WisdomTree Trust


Notes to Financial Statements (concluded)

 

adversely affect the value of a Fund’s investments in those sectors or industries. It is also true that the speed at which global economies recover, or fail to recover, from the COVID-19 pandemic will affect certain sectors, industries, and issuers more dramatically than others, which in turn may adversely affect certain Fund investments.

COVID-19, and other epidemics and pandemics that may arise in the future, could adversely affect the economies of many nations, the global economy, individual companies and capital markets in ways that cannot be foreseen at the present time. In addition, the impact of infectious diseases in developing or emerging market countries may be greater due to limited health care resources, including access to COVID-19 vaccinations and treatments. Political, economic and social stresses caused by COVID-19 also may exacerbate other pre-existing political, social and economic risks in certain countries. The duration of COVID-19 and its effects cannot be determined fully at this time, but the effects could be present for an extended period of time. It is impossible to predict the effects on the Funds of these or similar events and market conditions in the future. However, it is possible that these or similar events and market conditions could have a significant and adverse effect on the NAV and/or risk profile of a Fund.

*     *     *     *     *

Russia’s military invasion of Ukraine initiated in February 2022 and the economic and diplomatic responses by the United States and other countries have led to increased volatility and uncertainty in the financial markets and could continue to adversely affect regional and global economies for the foreseeable future. In response to Russia’s actions, the governments of the United States, the European Union, the United Kingdom, and many other countries collectively imposed heavy and broad-ranging economic sanctions on certain Russian individuals, corporate and banking entities, and other industries and businesses. The sanctions restrict companies from doing business with Russia and Russian companies, prohibit transactions with the Russian central bank and other key Russian financial institutions and entities, ban Russian airlines and ships from using many other countries’ airspace and ports, respectively, and place a freeze on certain Russian assets. The sanctions also removed some Russian banks from the Society for Worldwide Interbank Financial Telecommunications (SWIFT), the electronic network that connects banks globally to facilitate cross-border payments. In addition, the United States has banned oil and other energy imports from Russia, and the United Kingdom made a commitment to phase out oil import from Russia by the end of 2022.

These sanctions, as well as other economic consequences related to the invasion, such as additional sanctions, boycotts or changes in consumer or purchaser preferences or cyberattacks on governments, companies or individuals, may further decrease the value and liquidity of certain Russian securities and securities of issuers in other countries that are subject to economic sanctions related to the invasion or otherwise adversely affected by the sanctions. To the extent a Fund has exposure to Russian investments or investments in countries affected by the invasion or the sanctions, the Fund’s ability to price, buy, sell, receive or deliver such investments may be impaired. In certain circumstances, such as when there is no market for a security or other means of valuing or disposing of a security, a Fund may determine to value the affected security at zero. In addition, any exposure a Fund may have to counterparties in Russia or in countries affected by the invasion could negatively affect the Fund’s portfolio. The extent and duration of Russia’s military actions and the repercussions of such actions are impossible to predict, but could result in continued significant market disruptions, including in the oil and natural gas markets, and may negatively affect global supply chains, inflation and global growth. Further, an escalation of the military conflict beyond Ukraine’s borders could result in significant, long-lasting damage to the economies of Eastern and Western Europe as well as the global economy. These and any related events could significantly and adversely affect a Fund’s performance and the value of an investment in the Fund, even in the absence of direct exposure to Russian issuers or issuers in other countries affected by the invasion.

 

WisdomTree Trust      147  


Report of Independent Registered Public Accounting Firm

 

To the Shareholders of WisdomTree Dynamic Currency Hedged International Equity Fund, WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund, WisdomTree Emerging Markets ESG Fund, WisdomTree International ESG Fund, WisdomTree U.S. Corporate Bond Fund, WisdomTree U.S. High Yield Corporate Bond Fund, WisdomTree U.S. Short-Term Corporate Bond Fund, WisdomTree Emerging Markets Efficient Core Fund, WisdomTree International Efficient Core Fund, WisdomTree U.S. Efficient Core Fund, WisdomTree Artificial Intelligence and Innovation Fund, WisdomTree Battery Value Chain and Innovation Fund, WisdomTree BioRevolution Fund, WisdomTree Cloud Computing Fund, and WisdomTree Cybersecurity Fund, and the Board of Trustees of WisdomTree Trust

Opinion on the Financial Statements

We have audited the accompanying statements of assets and liabilities of WisdomTree Dynamic Currency Hedged International Equity Fund, WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund, WisdomTree Emerging Markets ESG Fund, WisdomTree International ESG Fund, WisdomTree U.S. Corporate Bond Fund, WisdomTree U.S. High Yield Corporate Bond Fund, WisdomTree U.S. Short-Term Corporate Bond Fund, WisdomTree Emerging Markets Efficient Core Fund, WisdomTree International Efficient Core Fund, WisdomTree U.S. Efficient Core Fund, WisdomTree Artificial Intelligence and Innovation Fund, WisdomTree Battery Value Chain and Innovation Fund, WisdomTree BioRevolution Fund, WisdomTree Cloud Computing Fund, and WisdomTree Cybersecurity Fund (collectively referred to as the “Funds”), (fifteen of the funds constituting WisdomTree Trust (the “Trust”)), including the schedules of investments, as of June 30, 2022, and the related statements of operations and changes in net assets, and the financial highlights for each of the periods indicated in the table below and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Funds (fifteen of the funds constituting WisdomTree Trust) at June 30, 2022, and the results of their operations, changes in net assets and financial highlights for each of the periods indicated in the table below, in conformity with U.S. generally accepted accounting principles.

 

       
Individual fund constituting the WisdomTree Trust    Statement of operations    Statements of changes in
net assets
   Financial highlights

WisdomTree Dynamic Currency Hedged International Equity Fund

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund

WisdomTree Emerging Markets ESG Fund

WisdomTree U.S. Corporate Bond Fund

WisdomTree U.S. High Yield Corporate Bond Fund

WisdomTree U.S. Short-Term Corporate Bond Fund

WisdomTree International ESG Fund

   For the year ended June 30, 2022    For each of the two years in the period ended June 30, 2022    For each of the five years in the period ended June 30, 2022

WisdomTree U.S. Efficient Core Fund

   For the year ended June 30, 2022    For each of the two years in the period ended June 30, 2022    For each of the three years in the period ended June 30, 2022 and the period from August 2, 2018 (commencement of operations) through June 30, 2019

WisdomTree Cloud Computing Fund

   For the year ended June 30, 2022    For each of the two years in the period ended June 30, 2022    For each of the two years in the period ended June 30, 2022 and the period from September 6, 2019 (commencement of operations) through June 30, 2020

WisdomTree Cybersecurity Fund

   For the year ended June 30, 2022    For the year ended June 30, 2022 and the period from January 28, 2021 (commencement of operations) through June 30, 2021

WisdomTree Emerging Markets Efficient Core Fund

WisdomTree International Efficient Core Fund

   For the year ended June 30, 2022    For the year ended June 30, 2022 and the period from May 20, 2021 (commencement of operations) through June 30, 2021

WisdomTree BioRevolution Fund

   For the year ended June 30, 2022    For the year ended June 30, 2022 and the period from June 3, 2021 (commencement of operations) through June 30, 2021

WisdomTree Artificial Intelligence and Innovation Fund

   For the period from December 9, 2021 (commencement of operations) through June 30, 2022

WisdomTree Battery Value Chain and Innovation Fund

   For the period from February 17, 2022 (commencement of operations) through June 30, 2022

Basis for Opinion

These financial statements are the responsibility of the Trust’s management. Our responsibility is to express an opinion on each of the Funds’ financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Trust in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

 

148   WisdomTree Trust


Report of Independent Registered Public Accounting Firm (concluded)

 

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Trust is not required to have, nor were we engaged to perform, an audit of the Trust’s internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internal control over financial reporting, but not for the purpose of expressing an opinion on the effectiveness of the Trust’s internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our procedures included confirmation of securities owned as of June 30, 2022, by correspondence with the custodian and brokers or by other appropriate auditing procedures where replies from brokers were not received. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

 

LOGO

We have served as the auditor of one or more WisdomTree investment companies since 2006.

New York, New York

August 25, 2022

 

WisdomTree Trust      149  


Approval of Investment Advisory and Sub-Advisory Agreements (unaudited)

 

Consideration of the Approval of Investment Advisory and Sub-Advisory Agreements

WisdomTree Battery Value Chain and Innovation Fund (the “Fund”)

At a meeting of the Board of Trustees (the “Board”) of the WisdomTree Trust (the “Trust”) held on May 25, 2021, the Trustees (the “Trustees”), including those Trustees who are not “interested persons” (as defined in the Investment Company Act of 1940, as amended) of the Trust (the “Independent Trustees”), considered the approval of the Investment Advisory Agreement (the “Advisory Agreement”), pursuant to which WisdomTree Asset Management, Inc. (“WTAM”) will provide the Fund with investment advisory services, and the Sub-Advisory Agreement (together with the Advisory Agreement, the “Agreements”), pursuant to which Mellon Investments Corporation (the “Sub-Adviser”) will coordinate the investment and reinvestment of the assets of the Fund.

In considering whether to approve the Agreements, the Trustees considered and discussed information and analysis provided by WTAM and Broadridge Financial Solutions, Inc. (“Broadridge”), an independent provider of investment company data. The Trustees noted that representatives from WTAM presented preliminary information to the Trustees regarding the Fund’s proposed investment objective and principal investment strategies and risks at a meeting of the Board held on March 24-25, 2021. The Independent Trustees were assisted in their review by independent legal counsel and met with counsel in executive session separate from WTAM representatives and the Sub-Adviser. In considering the approval of the Agreements, the Board considered all factors that it believed to be relevant, including those discussed below. The Board did not identify any one factor as dispositive, and each Trustee may have attributed different weights to the factors considered.

Analysis of Nature, Extent, and Quality of Services to be Provided to the Fund. The Board considered information provided to them at the meeting and in previous presentations throughout the year from WTAM representatives regarding the nature, extent, and quality of the services provided to the WisdomTree funds, recognizing WTAM’s and the Sub-Adviser’s operational capabilities and resources. It was noted that the Fund would be passively managed. The Board noted WTAM’s belief that shareholders will invest in the Fund on the strength of WTAM’s industry standing and reputation and with the expectation that WTAM will have a continuing role in providing advisory services to the Fund. The Board also noted the extensive responsibilities that WTAM will have as investment adviser to the Fund, including: the selection of, and supervisory responsibilities and activities over, the Sub-Adviser, including oversight of the Sub-Adviser’s adherence to the Fund’s investment strategy and restrictions, monitoring of the Sub-Adviser’s buying and selling of securities and derivatives transactions, review of Sub-Adviser performance, review of proxies voted by the Sub-Adviser and oversight of, and the provision of consultation to, the Sub-Adviser with respect to the creation of custom creation or redemption baskets for authorized participants; oversight of the daily valuation of the Fund’s portfolio holdings; oversight of general Fund compliance with federal and state laws; and implementation of Board directives as they relate to the Fund. The Board also considered research support available to, and management capabilities of, the Fund’s management personnel and that WTAM will provide oversight of day-to-day Fund operations, including fund accounting, tax matters, administration, compliance and legal assistance in meeting disclosure and regulatory requirements.

Based on review of this information and the other factors considered at the meeting, the Board concluded that the nature, extent and quality of services to be provided by WTAM and the Sub-Adviser under the Advisory Agreement and Sub-Advisory Agreement, respectively, are adequate and appropriate and supported the Board’s approval of the Agreements.

Comparative Analysis of the Fund’s Performance, Advisory Fees and Fund Expenses. As the Fund had not yet commenced operations, the Board was not able to review the Fund’s performance. The Board discussed with WTAM representatives the portfolio management team and the investment strategies to be employed in the management of the Fund’s assets. The Board noted the reputation and experience of WTAM and the Sub-Adviser.

The Board considered the fees to be paid to WTAM by the Fund. The Board examined the fee to be paid by the Fund in light of fees paid to other investment advisers by comparable funds and the method of computing the Fund’s fee. The Board also considered the fee to be paid to the Sub-Adviser in relation to the fee to be paid to WTAM by the Fund and the respective services to be provided by the Sub-Adviser and WTAM. The Board also noted the Sub-Adviser’s fee will be paid by WTAM (out of its fee paid by the Fund) and not by the Fund. The Board considered the meaningful differences in the services that WTAM will provide to the Fund as compared to the Sub-Adviser. Specifically, they noted that the role of the Sub-Adviser in making investment recommendations with respect to the Fund, which is passively managed and tracks an index, is a rules-based function, with oversight by WTAM in seeking to ensure compliance with such rules. The Board also considered the entrepreneurial and expense risk to be borne by WTAM that is associated with the Fund’s unitary fee structure, which includes minimum fees (such as those to the Sub-Adviser), regardless of whether the asset size of the Fund grows to a sufficient size. Based on this review, the Board concluded that the fees to be paid to WTAM and the Sub-Adviser supported the Board’s approval of the Agreements.

Analysis of Profitability and Economies of Scale. As the Fund had not yet commenced operations, WTAM representatives were not able to review the dollar amount of expenses allocated and profit received by WTAM, or any economies of scale. The Board considered potential benefits to WTAM and the Sub-Adviser from acting as investment adviser and sub-adviser, respectively. The Board also considered the uncertainty of the estimated asset levels and the renewal requirements for advisory agreements and their

 

150   WisdomTree Trust


Approval of Investment Advisory and Sub-Advisory Agreements (unaudited) (concluded)

 

ability to review the advisory fees annually after the initial term of the Agreements. The Board determined that because the Fund had not yet commenced operations, economies of scale were not a factor, but, to the extent in the future it were determined that material economies of scale had not been shared with the Fund, the Board would seek to have those economies of scale shared with the Fund in connection with future renewals.

*    *    *    *    *    *

In evaluating the Agreements, the Board considered the conclusions and determinations discussed above and also relied on its knowledge, gained through meetings and other interactions with WTAM and the Sub-Adviser, of other funds advised by WTAM and the Sub-Adviser. In light of the foregoing, the Board, including a majority of the Independent Trustees, determined to approve the Agreements.

 

WisdomTree Trust      151  


Liquidity Risk Management Program (unaudited)

 

The Funds adopted a liquidity risk management program (the “Program”) pursuant to the requirements of Rule 22e-4 (the “Rule”) under the Investment Company Act of 1940, as amended. The Rule requires registered open-end funds, including exchange-traded funds such as the Funds, to establish liquidity risk management programs in order to effectively manage fund liquidity and shareholder redemptions. The Rule is designed to mitigate the risk that a Fund could not meet redemption requests without significantly diluting the interest of remaining investors. The Board has appointed WisdomTree Asset Management, Inc., the investment advisor to the Funds, as the Program Administrator for each Fund’s Program.

The Rule requires the Funds to assess, manage and review their liquidity risk at least annually considering applicable factors such as investment strategy and liquidity during normal and foreseeable stressed conditions, including whether the strategy is appropriate for an open-ended fund and whether the Fund has a relatively concentrated portfolio or large positions in particular issuers. The Funds must also assess their use of borrowings and derivatives, short-term and long-term cash flow projections in normal and stressed conditions, holdings of cash and cash equivalents, and borrowing arrangements and other funding sources.

The Rule also requires the Funds to classify their investments into one of four liquidity categories: highly liquid, moderately liquid, less liquid or illiquid based on the number of days a Fund expects it would take to liquidate the investment, and to review these classifications at least monthly or more often under certain conditions. The periods range from three or fewer business days for a highly liquid investment to greater than seven calendar days for settlement of a less liquid investment. Illiquid investments are those a Fund does not expect to be able to sell or dispose of within seven calendar days without significantly changing the market value of the investment. A Fund is prohibited from acquiring an investment if, after the acquisition, its holdings of illiquid assets will exceed 15% of its net assets. In addition, if a Fund permits redemptions in-kind, the Rule requires the Fund to establish redemption in-kind policies and procedures governing how and when it will engage in such redemptions.

Pursuant to the Rule’s requirements, the Program has been reviewed and approved by the Fund’s Board. Furthermore, the Board has received a written report prepared by the Program Administrator that addresses the operation of the Program, assesses its adequacy and effectiveness and describes any material changes made to the Program. The Program Administrator has monitored the Fund’s liquidity risk and the liquidity classifications of the securities held by the Fund and has determined that the Program is operating effectively.

During the period from January 1, 2021 to December 31, 2021, there were no material changes to the Program and no material liquidity events that impacted the Funds. During the period, the Funds held sufficient highly liquid assets to meet fund redemptions.

Under normal expected foreseeable Fund redemption forecasts and foreseeable stressed Fund redemption forecasts, the Program Administrator believes that the Funds maintain sufficient highly liquid assets to meet Fund redemptions.

 

152   WisdomTree Trust


Trustees and Officers Information (unaudited)

 

Name
and Year of Birth
of Trustee/Officer

 

Position(s) Held with

the Trust, Term of

Office and Length of
Time Served

 

Principal Occupation(s)
During Past 5 Years

  Number of Portfolios
in Fund Complex
Overseen by Trustee/
Officer+
   

Other
Directorships

Held by Trustee/
Officer

Trustees Who Are Interested Persons of the Trust
Jonathan Steinberg
(1964)
  Trustee, 2005-present; President, 2005-present   Chief Executive Officer, WisdomTree Investments and WisdomTree Asset Management since 2005; President, WisdomTree Investments and WisdomTree Asset Management from 2012 to 2019.     77     Director, WisdomTree Investments and WisdomTree Asset Management.
Trustees Who Are Not Interested Persons of the Trust
David G. Chrencik*
(1948)
  Trustee, 2014-present   Chief Financial Officer of Sarus Indochina Select LP (hedge fund) since 2012; Chief Financial Officer of GeoGreen BioFuels, Inc. (biodiesel fuel producer) from 2010 to 2014; Audit Partner at PricewaterhouseCoopers LLP (public accounting firm) from 1972 to 2009 (includes positions prior to becoming Audit Partner and predecessor firms).     77     None
Joel Goldberg**, ***
(1945)
  Trustee, 2012-present   Attorney, Partner at Stroock & Stroock & Lavan LLP from 2010 to 2018; Attorney, Partner at Willkie Farr & Gallagher LLP from 2006 to 2010.     77     Director, Better Business Bureau (Metropolitan New York, Long Island and the Mid-Hudson Region).
Toni Massaro***
(1955)
  Trustee, 2006-present   Dean Emerita at the University of Arizona James E. Rogers College of Law (“Rogers College of Law”) since 2009 (distinguished Emerita in July 2009); Dean of the Rogers College of Law from 1999 to 2009; Regents’ Professor since 2006; Milton O. Riepe Chair in Constitutional Law since 1997; Professor at the Rogers College of Law since 1990.     77     None

Melinda A. Raso Kirstein****

(1955)

  Trustee, 2014-present   Retired since 2004, Merrill Lynch Investment Management, Vice President; Senior Portfolio Manager, Fixed Income Management; Director, Tax Exempt Fund Management.     77     Associate Alumnae of Douglass College, Chair of Investment Committee.
Victor Ugolyn
(1947)
  Trustee, 2006-present; Chairman of the Board, 2006-present   Private Investor, from 2005 to present; President and Chief Executive Officer of William D. Witter, Inc. from 2005 to 2006; Consultant to AXA Enterprise in 2004; Chairman, President and Chief Executive Officer of Enterprise Capital Management (subsidiary of The MONY Group, Inc.) and Enterprise Group of Funds, Chairman of MONY Securities Corporation, and Chairman of the Fund Board of Enterprise Group of Funds from 1991 to 2004.     77     None

 

WisdomTree Trust      153  


Trustees and Officers Information (unaudited) (concluded)

 

Name
and Year of Birth
of Trustee/Officer

 

Position(s) Held with

the Trust, Term of

Office and Length of
Time Served

 

Principal Occupation(s)
During Past 5 Years

  Number of Portfolios
in Fund Complex
Overseen by Trustee/
Officer+
   

Other
Directorships

Held by Trustee/
Officer

Officers of the Trust
Jonathan Steinberg*****
(1964)
  President, 2005- present; Trustee, 2005-present   Chief Executive Officer, WisdomTree Investments and WisdomTree Asset Management since 2005; President, WisdomTree Investments and WisdomTree Asset Management from 2012 to 2019.     77     None
David Castano*****
(1971)
  Treasurer, 2013-present   Head of Fund Accounting & Administration, WisdomTree Asset Management, since 2020; Director of Fund Accounting & Administration, WisdomTree Asset Management, 2011 to 2020.     77     None
Terry Jane Feld*****
(1960)
  Chief Compliance Officer, 2012-present   Head of U.S. Compliance, WisdomTree Asset Management since 2022; Chief Compliance Officer WisdomTree Asset Management since 2012.     77     None
Joanne Antico*****
(1975)
  Chief Legal Officer and Secretary, 2021-present   General Counsel, WisdomTree Asset Management since 2021; Assistant General Counsel, WisdomTree Asset Management 2016 to 2021; Executive Director and Assistant Secretary, Morgan Stanley Investment Management Inc., 2005 to 2016.     77     None
TJ Darnowski*****
(1984)
  Assistant Secretary, 2021-present   Senior Investment Management Paralegal, WisdomTree Asset Management since 2021; Senior Legal Administrator, Ultimus Fund Solutions, 2019-2021; Assistant Vice President, State Street Bank & Trust Company, 2010 to 2019.     77     None
Clint Martin*****
(1977)
  Assistant Treasurer, 2015-present  

Director of Fund Accounting &

Administration, WisdomTree Asset

Management, since 2020; Fund Manager, Fund Accounting & Administration, WisdomTree Asset Management, 2012 to 2020.

    77     None
Angela Borreggine*****
(1964)
 

Assistant

Secretary, 2022-

present

 

Assistant General Counsel,

WisdomTree Asset Management since

2022; Vice President and Senior Counsel, Virtus Investment Partners, 2021-2022; Director, Senior Counsel, Allianz Global Investors, 2007-2021.

    77     None

 

+

As of June 30, 2022.

 

*

Chair of the Audit Committee.

 

**

Chair of the Contracts Review Committee.

 

***

Co-Chair of the Governance, Nominating and Compliance Committee.

 

****

Chair of the Investment Committee.

 

*****

Elected by and serves at the pleasure of the Board.

 

154   WisdomTree Trust


Supplemental Information (unaudited)

 

Federal Income Tax Information

The following Federal tax information related to the Funds’ fiscal year or period ended June 30, 2022, is provided for information purposes only and should not be used for reporting to federal or state revenue agencies. Federal tax information for the calendar year will be reported to you on Form 1099-DIV in January 2023.

Certain dividends paid by the Funds may be subject to a maximum tax rate of 15%, as provided by the Jobs and Growth Tax Relief Reconciliation Act of 2003. Of the distributions paid during the fiscal year or period ended June 30, 2022, the following represents the maximum amount of ordinary income distributions that may be considered qualified dividend income:

 

   
Fund    Qualified Dividend
Income
 

Dynamic Currency Hedged International Equity Fund

   $ 6,488,567  

Dynamic Currency Hedged International SmallCap Equity Fund

     1,728,500  

Emerging Markets ESG Fund

     436,099  

International ESG Fund

     277,534  

U.S. Corporate Bond Fund

      

U.S. High Yield Corporate Bond Fund

      

U.S. Short-Term Corporate Bond Fund

      

Emerging Markets Efficient Core Fund

     275,630  

International Efficient Core Fund

     2,214,642  

U.S. Efficient Core Fund

     8,163,536  

Artificial Intelligence and Innovation Fund1

      

Battery Value Chain and Innovation Fund2

      

BioRevolution Fund

      

Cloud Computing Fund

      

Cybersecurity Fund

     177,112  
  1 

For the period December 9, 2021 (commencement of operations) through June 30, 2022.

  2 

For the period February 17, 2022 (commencement of operations) through June 30, 2022.

The Funds designate the following amount of ordinary income distributions paid during the fiscal year or period ended June 30, 2022 from qualified short-term gains and qualified interest income:

 

     
Fund    Qualified Short-
Term Gains
     Qualified Interest
Income
 

Dynamic Currency Hedged International Equity Fund

     0.00      0.00

Dynamic Currency Hedged International SmallCap Equity Fund

     0.00      0.00

Emerging Markets ESG Fund

     0.00      0.00

International ESG Fund

     0.00      0.00

U.S. Corporate Bond Fund

     0.00      100.00

U.S. High Yield Corporate Bond Fund

     0.00      100.00

U.S. Short-Term Corporate Bond Fund

     100.00      100.00

Emerging Markets Efficient Core Fund

    
100.00

     0.00

International Efficient Core Fund

    
100.00

     0.00

U.S. Efficient Core Fund

     0.00      0.00

Artificial Intelligence and Innovation Fund1

     0.00      0.00

Battery Value Chain and Innovation Fund2

     0.00      0.00

BioRevolution Fund

     0.00      0.00

Cloud Computing Fund

     0.00      0.00

Cybersecurity Fund

     0.00      0.00
  1 

For the period December 9, 2021 (commencement of operations) through June 30, 2022.

  2 

For the period February 17, 2022 (commencement of operations) through June 30, 2022.

 

WisdomTree Trust      155  


Supplemental Information (unaudited) (concluded)

 

The following represents the percentage of dividends paid during the fiscal year or period ended June 30, 2022, that qualify for the 70% dividends received deduction for corporate shareholders:

 

   
Fund    Dividends-Received
Deduction
 

Dynamic Currency Hedged International Equity Fund

      

Dynamic Currency Hedged International SmallCap Equity Fund

      

Emerging Markets ESG Fund

     0.15

International ESG Fund

      

U.S. Corporate Bond Fund

      

U.S. High Yield Corporate Bond Fund

      

U.S. Short-Term Corporate Bond Fund

      

Emerging Markets Efficient Core Fund

     0.12

International Efficient Core Fund

      

U.S. Efficient Core Fund

     100.00

Artificial Intelligence and Innovation Fund1

      

Battery Value Chain and Innovation Fund2

      

BioRevolution Fund

      

Cloud Computing Fund

      

Cybersecurity Fund

     100.00
  1 

For the period December 9, 2021 (commencement of operations) through June 30, 2022.

  2 

For the period February 17, 2022 (commencement of operations) through June 30, 2022.

The Funds intend to elect to pass through to shareholders the credit for taxes paid to foreign countries during the fiscal year or period ended June 30, 2022. The gross foreign source income and foreign taxes paid are as follows:

 

     
Fund    Gross Foreign
Income
     Foreign
Taxes Paid
 

Dynamic Currency Hedged International Equity Fund

   $ 7,725,642      $ 412,453  

Dynamic Currency Hedged International SmallCap Equity Fund

     2,155,128        184,867  

Emerging Markets ESG Fund

     957,862        135,604  

International ESG Fund

     264,473        29,441  

U.S. Corporate Bond Fund

             

U.S. High Yield Corporate Bond Fund

             

U.S. Short-Term Corporate Bond Fund

             

Emerging Markets Efficient Core Fund

     576,611        62,149  

International Efficient Core Fund

     2,235,237        219,824  

U.S. Efficient Core Fund

             

Artificial Intelligence and Innovation Fund1

             

Battery Value Chain and Innovation Fund2

     11,686        1,749  

BioRevolution Fund

             

Cloud Computing Fund

             

Cybersecurity Fund

             
  1 

For the period December 9, 2021 (commencement of operations) through June 30, 2022.

  2 

For the period February 17, 2022 (commencement of operations) through June 30, 2022.

 

156   WisdomTree Trust


General Information (unaudited)

 

Proxy Voting Policies, Procedures and Record

A complete copy of the Proxy Voting Policy may be obtained upon request, at no charge, by calling 1-866-909-WISE (9473) or writing to: WisdomTree Trust, c/o Foreside Fund Services, LLC, Three Canal Plaza Suite 100, Portland, ME, 04101.

The Trust is required to disclose annually the Funds’ complete proxy voting record on Form N-PX covering the most recent 12-month period ended June 30 and to file Form N-PX with the SEC no later than August 31 of each year. The current Form N-PX for the Funds is available at no charge upon request by calling 1-866-909-WISE (9473) or through the Trust’s website at www.wisdomtree.com. The Funds’ Form N-PX is also available on the SEC’s website at www.sec.gov.

Shareholder Reports and Quarterly Portfolio Disclosure

The Funds file their complete schedule of portfolio holdings with the SEC for their first and third fiscal quarters as an exhibit to their reports on Form N-PORT. Copies of the filings are available, without charge, on the SEC’s website at www.sec.gov and are also available by calling the Trust at 1-866-909-WISE (9473). Copies of the filings may also be obtained, after paying a duplicating fee, by electronic request at the following E-mail address: publicinfo@sec.gov.

Information about each Fund’s portfolio holdings is available daily, without charge, at www.wisdomtree.com.

The Statement of Additional Information (“SAI”) has additional information about the Funds’ Trustees and Officers and is available without charge upon request. Contact your financial representative for a free prospectus or SAI.

Frequency Distribution of Discounts & Premiums

Information about differences between the per share net asset value of each Fund and the market trading price of shares of each Fund are available, without charge, at www.wisdomtree.com.

 

WisdomTree Trust      157  


The WisdomTree Funds are exchange traded funds (“ETFs”) registered with the United States Securities and Exchange Commission as separate series (“Funds”) of WisdomTree Trust (“Trust”). WisdomTree Asset Management, Inc., a wholly owned subsidiary of WisdomTree Investments, Inc., serves as the investment adviser to the Trust. None of the WisdomTree entities are affiliated with Foreside Fund Services, LLC, the Funds’ distributor. WisdomTree Investments, its affiliates and their independent providers are not liable for any informational errors, incompleteness, delays, or for any actions taken in reliance on information contained herein.

There are risks associated with investing including possible loss of principal. Foreign investing involves special risks, such as risk of loss from currency fluctuation or political or economic uncertainty. Investments in real estate involve additional special risks, such as credit risk, interest rate fluctuations and the effect of varied economic conditions. Funds that focus their investments in one country or region may be significantly impacted by events and developments associated with the region which can adversely affect performance. Funds focusing on a single sector and/or smaller companies generally experience greater price volatility. Investments in emerging, offshore or frontier markets are generally less liquid and less efficient than investments in developed markets and are subject to additional risks, such as risks of adverse governmental regulation and intervention or political developments. Fixed income investments are subject to interest rate risk; their value will normally decline as interest rates rise. In addition, when interest rates fall income may decline. Fixed income investments are also subject to credit risk, the risk that the issuer of a bond will fail to pay interest and principal in a timely manner, or that negative perceptions of the issuer’s ability to make such payments will cause the price of that bond to decline. High-yield or “junk” bonds have lower credit ratings and involve a greater risk to principal. While the Fixed Income Funds attempt to limit credit and counterparty exposure, the value of an investment in the Funds may change quickly and without warning in response to issuer or counterparty defaults and changes in the credit ratings of the Fund’s portfolio investments. Investments in currency involve additional special risks, such as credit risk and interest rate fluctuations. Derivative investments can be volatile and these investments may be less liquid than other securities, and more sensitive to the effect of varied economic conditions. As these Funds can have a high concentration in some issuers the Funds can be adversely impacted by changes affecting such issuers. Due to the investment strategy of certain Funds they may make higher capital gain distributions than other ETFs. Please read the Fund’s prospectus for specific details regarding the Fund’s risk profile.

Indexes are unmanaged and you cannot invest directly in an index.

Transactions in Fund shares will result in brokerage commissions and will generate tax consequences. Shares may be sold through brokerage accounts, but may be redeemed from the Funds only by Authorized Participants in large creation unit sizes of shares.

This report is intended for the Funds’ shareholders. It may not be distributed to prospective investors unless it is preceded or accompanied by the current prospectus.


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WisdomTree Fund shares are distributed by Foreside Fund Services, LLC, in the U.S.

WTGM-6670


Item 2. Code of Ethics.

 

  (a)

The registrant, as of the end of the period covered by this report, has adopted a code of ethics that applies to the registrant’s principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions, regardless of whether these individuals are employed by the registrant or a third party.

 

  (c)

There have been no amendments, during the period covered by this report, to a provision of the code of ethics that applies to the registrant’s principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions, regardless of whether these individuals are employed by the registrant or a third party, and that relates to any element of the code of ethics description.

 

  (d)

The registrant has not granted any waivers, including an implicit waiver, from a provision of the code of ethics that applies to the registrant’s principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions, regardless of whether these individuals are employed by the registrant or a third party, that relates to one or more of the items set forth in paragraph (b) of this item’s instructions.

 

  (f)

The code of ethics is attached hereto as exhibit 13(a)(1).

Item 3. Audit Committee Financial Expert.

The registrant’s Board of Trustees has determined that the registrant has one audit committee financial expert, as that term is defined under Item 3(b) and 3(c), serving on its audit committee. The audit committee financial expert serving on the registrant’s audit committee is David Chrencik, who is an independent trustee of the registrant, as that term is defined under Item 3(a) (2).

Item 4. Principal Accountant Fees and Services.

Audit Fees

 

  (a)

The aggregate fees billed for each of the last two fiscal years for professional services rendered by the principal accountant for the audit of the registrant’s annual financial statements or services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements for those fiscal years were $350,253 for 2022 and $290,308 for 2021.

Audit-Related Fees

 

  (b)

The aggregate fees billed for each of the last two fiscal years for assurance and related services by the principal accountant that are reasonably related to the performance of the audit of the registrant’s financial statements and are not reported under paragraph (a) of this Item were $ 0 for 2022 and $0 for 2021.


Tax Fees

 

  (c)

The aggregate fees billed for each of the last two fiscal years for professional services rendered by the principal accountant for tax compliance, tax advice, and tax planning were $130,790 for 2022 and $111,854 for 2021.

All Other Fees

 

  (d)

The aggregate fees billed for each of the last two fiscal years for products and services provided by the principal accountant, other than the services reported in paragraphs (a) through (c) of this Item were $0 for 2022 and $0 for 2021.

 

  (e)(1)

Disclose the audit committee’s pre-approval policies and procedures described in paragraph (c)(7) of Rule 2-01 of Regulation S-X.

Per Rule 2-01(c) (7) (A), the registrant’s audit committee charter provides that the audit committee shall select and approve in advance the retention of independent accountants to annually audit and provide their opinion on the registrant’s financial statements. The audit committee must also approve prior to appointment the engagement of the principal accountant to provide other audit services to the registrant or to provide non-audit services to the registrant, its investment adviser, or any entity controlling, controlled by, or under common control with its investment adviser (“adviser/affiliate”) that provides ongoing services to the registrant, if the engagement by the investment adviser or adviser affiliate relates directly to the operations and financial reporting of the registrant. The audit committee must also, prior to appointment of the engagement of the principal accountant, review and approve the fees proposed to be charged to the registrant by the auditors for each audit and non-audit service. The audit committee must also consider whether non-audit services provided by the registrant’s principal accountant to the registrant’s investment adviser, or adviser/affiliate that provides ongoing services to the registrant are compatible with maintaining the auditor’s independence.

 

  (e)(2)

The registrant’s audit committee has approved 100% of services described in each of Items 4(b) through (d) pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X.

 

  (f)

The percentage of hours expended on the principal accountant’s engagement to audit the registrant’s financial statements for the most recent fiscal year that were attributed to work performed by persons other than the principal accountant’s full-time, permanent employees was 0%.

 

  (g)

The aggregate non-audit fees billed by the registrant’s accountant for services rendered to the registrant, and rendered to the registrant’s investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the adviser that provides ongoing services to the registrant for each of the last two fiscal years of the registrant was $130,790 for 2022 and $111,854 for 2021.

 

  (h)

Not applicable.

 

  (i)

Not applicable.

 

  (j)

Not applicable.

Item 5. Audit Committee of Listed Registrants.

The registrant is an issuer as defined in Rule 10A-3 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and has a separately-designated standing audit committee established in accordance with Section 3(a)(58)A of the Exchange Act. The registrant’s audit committee members are David Chrencik, Melinda Raso Kirstein and Victor Ugolyn.


Item 6. Investments.

 

(a)

Schedule of Investments in securities of unaffiliated issuers as of the close of the reporting period is included as part of the report to shareholders filed under Item 1 of this form.

 

(b)

Not applicable.

Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.

Not applicable.

Item 8. Portfolio Managers of Closed-End Management Investment Companies.

Not applicable.

Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.

Not applicable.

Item 10. Submission of Matters to a Vote of Security Holders.

There have been no material changes to the procedures by which the shareholders may recommend nominees to the registrant’s board of trustees, where those changes were implemented after the registrant last provided disclosure in response to the requirements of Item 407(c)(2)(iv) of Regulation S-K (17 CFR 229.407) (as required by Item 22(b)(15) of Schedule 14A (17 CFR 240.14a-101)), or this Item.

Item 11. Controls and Procedures.

 

  (a)

The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”) (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of the report that includes the disclosure required by this paragraph, based on their evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934, as amended (17 CFR 240.13a-15(b) or 240.15d-15(b)).

 

  (b)

There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.


Item 12. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.

Not applicable.

Item 13. Exhibits.

 

  (a)(1)

Code of ethics, or any amendment thereto, that is the subject of disclosure required by Item 2 is attached hereto.

 

  (a)(2)

Certifications pursuant to Rule 30a-2(a) under the 1940 Act and Section 302 of the Sarbanes-Oxley Act of 2002 are attached hereto.

 

  (a)(3)

Not applicable.

 

  (a)(4)

Not applicable.

 

  (b)

Certifications pursuant to Rule 30a-2(b) under the 1940 Act and Section 906 of the Sarbanes-Oxley Act of 2002 are attached hereto.


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 (Signature and Title)  

/s/ Jonathan Steinberg

  Jonathan L. Steinberg, President
  (principal executive officer)

Date: September 1, 2022

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 (Signature and Title)  

/s/ Jonathan Steinberg

  Jonathan L. Steinberg, President
  (principal executive officer)
Date: September 1, 2022  
By (Signature and Title)  

/s/ David Castano

  David Castano, Treasurer
  (principal financial officer)
Date: September 1, 2022