WisdomTree Trust
Table of Contents

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM N-CSR

 

 

CERTIFIED SHAREHOLDER REPORT OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number 811-21864

 

 

WisdomTree Trust

(Exact name of registrant as specified in charter)

 

 

245 Park Avenue, 35th 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: March 31

Date of reporting period: September 30, 2014

 

 

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.

 

 

 


Table of Contents

Item 1. Reports to Stockholders.

The Report to Shareholders is attached herewith.


Table of Contents

LOGO

 

LOGO

 

WisdomTree Trust

Developed World ex-U.S. and Currency Hedged Equity Funds

 

Semi-Annual Report

September 30, 2014

WisdomTree Australia Dividend Fund (AUSE)

WisdomTree DEFA Equity Income Fund (DTH)

WisdomTree DEFA Fund (DWM)

WisdomTree Europe Dividend Growth Fund (EUDG)

WisdomTree Europe Hedged Equity Fund (HEDJ)

WisdomTree Europe SmallCap Dividend Fund (DFE)

WisdomTree Germany Hedged Equity Fund (DXGE)

WisdomTree International Dividend ex-Financials Fund (DOO)

WisdomTree International Hedged Dividend Growth Fund (IHDG)

WisdomTree International LargeCap Dividend Fund (DOL)

WisdomTree International MidCap Dividend Fund (DIM)

WisdomTree International SmallCap Dividend Fund (DLS)

WisdomTree Japan Hedged Capital Goods Fund (DXJC)

WisdomTree Japan Hedged Equity Fund (DXJ)

WisdomTree Japan Hedged Financials Fund (DXJF)

WisdomTree Japan Hedged Health Care Fund (DXJH)

WisdomTree Japan Hedged Real Estate Fund (DXJR)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

WisdomTree Japan Hedged Tech, Media and Telecom Fund (DXJT)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

WisdomTree Korea Hedged Equity Fund (DXKW)

WisdomTree United Kingdom Hedged Equity Fund (DXPS)


Table of Contents

Table of Contents

 

Performance Summaries (unaudited)

       1   

Description of Indexes (unaudited)

       23   

Shareholder Expense Examples (unaudited)

       26   
Schedules of Investments (unaudited)     

WisdomTree Australia Dividend Fund

       29   

WisdomTree DEFA Equity Income Fund

       31   

WisdomTree DEFA Fund

       36   

WisdomTree Europe Dividend Growth Fund

       45   

WisdomTree Europe Hedged Equity Fund

       48   

WisdomTree Europe SmallCap Dividend Fund

       50   

WisdomTree Germany Hedged Equity Fund

       54   

WisdomTree International Dividend ex-Financials Fund

       56   

WisdomTree International Hedged Dividend Growth Fund

       58   

WisdomTree International LargeCap Dividend Fund

       61   

WisdomTree International MidCap Dividend Fund

       65   

WisdomTree International SmallCap Dividend Fund

       72   

WisdomTree Japan Hedged Capital Goods Fund

       81   

WisdomTree Japan Hedged Equity Fund

       83   

WisdomTree Japan Hedged Financials Fund

       87   

WisdomTree Japan Hedged Health Care Fund

       89   

WisdomTree Japan Hedged Real Estate Fund

       90   

WisdomTree Japan Hedged SmallCap Equity Fund

       92   

WisdomTree Japan Hedged Tech, Media and Telecom Fund

       99   

WisdomTree Japan SmallCap Dividend Fund

       101   

WisdomTree Korea Hedged Equity Fund

       108   

WisdomTree United Kingdom Hedged Equity Fund

       109   

Statements of Assets and Liabilities (unaudited)

       112   

Statements of Operations (unaudited)

       117   

Statements of Changes in Net Assets (unaudited)

       122   

Financial Highlights (unaudited)

       130   

Notes to Financial Statements (unaudited)

       141   

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

       168   

General Information (unaudited)

       173   

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


Table of Contents

Performance Summary (unaudited)

WisdomTree Australia Dividend Fund (AUSE)

 

Sector Breakdown as of 9/30/14

 

Sector  

% of Net Assets

 

Financials

    19.1%   

Materials

    14.3%   

Industrials

    14.3%   

Consumer Staples

    13.6%   

Consumer Discretionary

    12.7%   

Energy

    6.9%   

Healthcare

    6.8%   

Telecommunication Services

    6.0%   

Information Technology

    3.8%   

Utilities

    1.6%   

Other Assets less Liabilities

    0.9%   

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 includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Metcash Ltd.

    3.6%   

Insurance Australia Group Ltd.

    2.6%   

National Australia Bank Ltd.

    2.5%   

Telstra Corp., Ltd.

    2.4%   

Mineral Resources Ltd.

    2.4%   

Tatts Group Ltd.

    2.4%   

Toll Holdings Ltd.

    2.4%   

Coca-Cola Amatil Ltd.

    2.2%   

Suncorp Group Ltd.

    2.2%   

Westpac Banking Corp.

    2.2%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree Australia Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Australia Dividend Index.

The Fund returned -6.63% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Telecommunication Services. The Fund’s position in Materials created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.58%.

Performance as of 9/30/14

 

        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      Since
Inception1
 

Fund NAV Returns

       -6.63      -3.97      10.02      5.66      7.42

Fund Market Price Returns

       -7.17      -3.96      10.58      5.54      7.33

WisdomTree Pacific ex-Japan Equity Income/ Australia Dividend Spliced Index2

       -6.51      -3.65      10.30      5.96      7.91

MSCI Pacific ex-Japan Value/MSCI Australia Spliced Index3

       -5.38      -0.65      11.05      6.51      6.97
* Returns of less than one year are cumulative.
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

2

WisdomTree Pacific ex-Japan Equity Income Index through June 17, 2011; WisdomTree Australia Dividend Index thereafter.

3

MSCI Pacific ex-Japan Value Index through June 17, 2011; MSCI Australia Index thereafter.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      1   


Table of Contents

Performance Summary (unaudited)

WisdomTree DEFA Equity Income Fund (DTH)

 

Sector Breakdown as of 9/30/14

 

Sector  

% of Net Assets

 

Financials

    24.7%   

Telecommunication Services

    14.9%   

Energy

    11.8%   

Utilities

    9.7%   

Industrials

    9.5%   

Healthcare

    8.0%   

Materials

    6.8%   

Consumer Staples

    6.8%   

Consumer Discretionary

    5.9%   

Information Technology

    1.5%   

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 includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

China Mobile Ltd.

    3.0%   

Novartis AG, Registered Shares

    2.5%   

Banco Santander S.A.

    2.4%   

Total S.A.

    2.4%   

HSBC Holdings PLC

    2.2%   

BP PLC

    2.2%   

Vodafone Group PLC

    2.1%   

Royal Dutch Shell PLC, Class A

    1.9%   

Commonwealth Bank of Australia

    1.9%   

GlaxoSmithKline PLC

    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 investment of cash collateral for securities on loan (if any).

The WisdomTree DEFA Equity Income Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree DEFA Equity Income Index.

The Fund returned -2.22% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Hong Kong. The Fund’s position in Australia created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.58%.

Performance as of 9/30/14

 

        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      Since
Inception1
 

Fund NAV Returns

       -2.22      6.55      13.67      6.18      3.65

Fund Market Price Returns

       -2.29      6.24      14.04      6.02      3.58

WisdomTree DEFA Equity Income Index

       -1.89      7.19      14.01      6.42      4.26

MSCI EAFE Value Index

       -1.77      5.65      13.91      5.52      2.98
* Returns of less than one year are cumulative.
1

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

2   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Performance Summary (unaudited)

WisdomTree DEFA Fund (DWM)

 

Sector Breakdown as of 9/30/14

 

Sector   % of Net Assets  

Financials

    24.9%   

Industrials

    11.2%   

Consumer Discretionary

    10.2%   

Telecommunication Services

    9.8%   

Consumer Staples

    9.8%   

Healthcare

    9.0%   

Energy

    8.6%   

Materials

    7.0%   

Utilities

    6.3%   

Information Technology

    2.7%   

Investment Companies

    0.0%   

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 includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

China Mobile Ltd.

    1.8%   

HSBC Holdings PLC

    1.7%   

Banco Santander S.A.

    1.6%   

Novartis AG, Registered Shares

    1.5%   

Total S.A.

    1.3%   

Nestle S.A., Registered Shares

    1.3%   

BP PLC

    1.3%   

Vodafone Group PLC

    1.3%   

Commonwealth Bank of Australia

    1.3%   

Westpac Banking Corp.

    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 investment of cash collateral for securities on loan (if any).

The WisdomTree DEFA Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Dividend Index of Europe, Far East Asia and Australasia (the “WisdomTree DEFA Index”).

The Fund returned -2.06% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Hong Kong. The Fund’s position in Australia created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.48%.

Performance as of 9/30/14

 

        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      Since
Inception1
 

Fund NAV Returns

       -2.06      5.72      13.51      6.66      4.26

Fund Market Price Returns

       -2.26      5.20      13.96      6.63      4.25

WisdomTree DEFA Index

       -1.85      6.17      13.73      6.83      4.64

MSCI EAFE Index

       -2.03      4.25      13.65      6.56      3.63
* Returns of less than one year are cumulative.
1

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      3   


Table of Contents

Performance Summary (unaudited)

WisdomTree Europe Dividend Growth Fund (EUDG)

 

Sector Breakdown as of 9/30/14

 

Sector   % of Net Assets  

Healthcare

    20.8%   

Consumer Staples

    20.3%   

Energy

    16.7%   

Consumer Discretionary

    14.1%   

Industrials

    13.6%   

Materials

    7.2%   

Information Technology

    2.9%   

Telecommunication Services

    2.2%   

Financials

    1.7%   

Utilities

    0.4%   

Other Assets less Liabilities

    0.1%   

Total

    100.0%   

 

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

 

Other assets includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Novartis AG, Registered Shares

    6.2%   

Nestle S.A., Registered Shares

    5.3%   

Roche Holding AG, Genusschein

    4.8%   

Eni SpA

    3.9%   

Royal Dutch Shell PLC, Class A

    3.5%   

Anheuser-Busch InBev N.V.

    3.5%   

BP PLC

    3.3%   

GlaxoSmithKline PLC

    2.9%   

Statoil ASA

    2.8%   

Siemens AG, Registered Shares

    2.7%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree Europe Dividend Growth Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Europe Dividend Growth Index.

The Fund returned -6.27% at net asset value (“NAV”) from fund inception on May 7, 2014 to September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Health Care. The Fund’s position in Industrials created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.58%.

Performance as of 9/30/14

 

        Cumulative Total Return  
        Since
Inception1
 

Fund NAV Returns

       -6.27

Fund Market Price Returns

       -7.14

WisdomTree Europe Dividend Growth Index

       -6.15

MSCI Europe Index

       -6.31
1

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on May 7, 2014.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

4   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Performance Summary (unaudited)

WisdomTree Europe Hedged Equity Fund (HEDJ)

 

Sector Breakdown as of 9/30/14

 

Sector  

% of Net Assets

 

Consumer Staples

    21.4%   

Industrials

    18.4%   

Consumer Discretionary

    16.4%   

Financials

    12.7%   

Healthcare

    11.6%   

Telecommunication Services

    5.8%   

Materials

    5.2%   

Information Technology

    4.6%   

Utilities

    2.4%   

Energy

    1.2%   

Other Assets less Liabilities

    0.3%   

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 includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Anheuser-Busch InBev N.V.

    6.3%   

Telefonica S.A.

    5.8%   

Banco Bilbao Vizcaya Argentaria S.A.

    5.5%   

Sanofi

    5.2%   

Banco Santander S.A.

    4.7%   

Unilever N.V., CVA

    4.4%   

Siemens AG, Registered Shares

    4.2%   

Daimler AG, Registered Shares

    3.9%   

Bayer AG, Registered Shares

    3.3%   

L’Oreal S.A.

    2.9%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree Europe Hedged Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Europe Hedged Equity Index.

The Fund returned 3.99% for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Belgium. The Fund’s position in Germany created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.58%.

Performance as of 9/30/14

 

        Average Annual Total Return  
        6-Month*      1 Year      3 Year      Since
Inception1
 

Fund NAV Returns

       3.99      11.11      15.96      7.44

Fund Market Price Returns

       3.58      10.55      16.61      7.43

WisdomTree DEFA International Hedged Equity/Europe Hedged Equity Spliced Index2

       3.97      11.56      16.42      7.95

MSCI EAFE Local Currency/MSCI EMU Local Currency Spliced Index3

       1.72      12.55      16.36      7.24
* Returns of less than one year are cumulative.
1

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on December 31, 2009.

2

WisdomTree DEFA International Hedged Equity Index through August 29, 2012; WisdomTree Europe Hedged Equity Index thereafter.

3

MSCI EAFE Local Currency Index through August 29, 2012; MSCI EMU Local Currency Index thereafter.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      5   


Table of Contents

Performance Summary (unaudited)

WisdomTree Europe SmallCap Dividend Fund (DFE)

 

Sector Breakdown as of 9/30/14

 

Sector   % of Net Assets  

Industrials

    27.8%   

Financials

    17.8%   

Information Technology

    15.0%   

Consumer Discretionary

    13.8%   

Materials

    6.7%   

Consumer Staples

    5.8%   

Healthcare

    4.8%   

Telecommunication Services

    3.1%   

Utilities

    2.7%   

Energy

    2.3%   

Investment Companies

    0.0%   

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 includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Drillisch AG

    1.8%   

Cofinimmo S.A.

    1.6%   

ERG SpA

    1.3%   

Holmen AB, Class B

    1.3%   

Cembra Money Bank AG

    1.2%   

Iren SpA

    1.1%   

Peab AB

    1.0%   

Tieto Oyj

    1.0%   

Betsson AB

    1.0%   

Konecranes Oyj

    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 investment of cash collateral for securities on loan (if any).

The WisdomTree Europe SmallCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Europe SmallCap Dividend Index.

The Fund returned -13.40% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Norway. The Fund’s position in Italy created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.58%.

Performance as of 9/30/14

 

        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      Since
Inception1
 

Fund NAV Returns

       -13.40      7.50      21.09      11.43      5.59

Fund Market Price Returns

       -14.25      6.47      21.09      11.14      5.35

WisdomTree Europe SmallCap Dividend Index

       -11.87      10.19      22.46      12.10      6.16

MSCI Europe Small Cap Index

       -10.74      5.09      19.61      10.66      6.52
* Returns of less than one year are cumulative.
1

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

6   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Performance Summary (unaudited)

WisdomTree Germany Hedged Equity Fund (DXGE)

 

Sector Breakdown† as of 9/30/14

 

Sector  

% of Net Assets

 

Consumer Discretionary

    20.4%   

Industrials

    17.2%   

Financials

    17.2%   

Materials

    11.8%   

Healthcare

    11.7%   

Utilities

    6.5%   

Information Technology

    6.0%   

Telecommunication Services

    5.6%   

Consumer Staples

    3.0%   

Other Assets less Liabilities

    0.6%   

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 includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Allianz SE, Registered Shares

    6.3%   

Bayer AG, Registered Shares

    6.2%   

Siemens AG, Registered Shares

    5.8%   

Deutsche Telekom AG, Registered Shares

    5.7%   

Bayerische Motoren Werke AG

    5.4%   

Daimler AG, Registered Shares

    5.3%   

BASF SE

    5.1%   

Muenchener Rueckversicherungs AG, Registered Shares

    4.4%   

SAP SE

    4.4%   

E.ON SE

    4.3%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree Germany Hedged Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Germany Hedged Equity Index.

The Fund returned -1.11% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited from its position in Health Care. The Fund’s position in Consumer Discretionary created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.48%.

Performance as of 9/30/14

 

      Cumulative Total Return  
      6-Month     Since
Inception1
 

Fund NAV Returns

     -1.11     6.68

Fund Market Price Returns

     -1.31     5.69

WisdomTree Germany Hedged Equity Index

     -1.34     6.66

MSCI Germany Local Currency Index

     -1.48     6.63
1

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on October 17, 2013.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      7   


Table of Contents

Performance Summary (unaudited)

WisdomTree International Dividend ex-Financials Fund (DOO)

 

Sector Breakdown† as of 9/30/14

 

Sector  

% of Net Assets

 

Telecommunication Services

    15.3%   

Utilities

    15.1%   

Energy

    12.3%   

Industrials

    10.8%   

Materials

    10.6%   

Consumer Staples

    10.3%   

Consumer Discretionary

    9.5%   

Healthcare

    9.1%   

Information Technology

    6.1%   

Investment Companies

    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 includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Telstra Corp., Ltd.

    2.0%   

Vodafone Group PLC

    1.9%   

GDF Suez

    1.8%   

Antofagasta PLC

    1.8%   

Fortum Oyj

    1.7%   

Wesfarmers Ltd.

    1.7%   

Orange S.A.

    1.7%   

TeliaSonera AB

    1.6%   

Telefonica S.A.

    1.6%   

Woodside Petroleum Ltd.

    1.6%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree International Dividend ex-Financials Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International Dividend ex-Financials Index.

The Fund returned -2.59% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Japan. The Fund’s position in Spain created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.58%.

Performance as of 9/30/14

 

      Average Annual Total Return  
      6-Month*     1 Year     3 Year     5 Year     Since
Inception1
 

Fund NAV Returns

     -2.59     7.07     11.45     6.61     4.12

Fund Market Price Returns

     -2.69     7.13     11.77     6.50     3.96

WisdomTree International Dividend Top 100/International Dividend ex-Financials Spliced Index2

     -2.51     7.57     11.63     6.61     4.27

MSCI EAFE Value Index

     -1.77     5.65     13.91     5.52     2.98
* Returns of less than one year are cumulative.
1

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

2

WisdomTree International Dividend Top 100 Index through May 7, 2009; WisdomTree International Dividend ex-Financials Index thereafter.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

8   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Performance Summary (unaudited)

WisdomTree International Hedged Dividend Growth Fund (IHDG)

 

Sector Breakdown† as of 9/30/14

 

Sector  

% of Net Assets

 

Consumer Staples

    19.9%   

Industrials

    16.4%   

Healthcare

    16.1%   

Consumer Discretionary

    15.4%   

Materials

    13.9%   

Information Technology

    5.3%   

Energy

    4.7%   

Telecommunication Services

    3.6%   

Financials

    2.5%   

Utilities

    1.1%   

Other Assets less Liabilities

    1.1%   

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 includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Roche Holding AG, Genusschein

    5.8%   

BHP Billiton Ltd.

    4.5%   

Anheuser-Busch InBev N.V.

    4.2%   

GlaxoSmithKline PLC

    3.5%   

British American Tobacco PLC

    3.3%   

CNOOC Ltd.

    3.1%   

Siemens AG, Registered Shares

    3.1%   

BASF SE

    2.6%   

Novo Nordisk A/S, Class B

    2.3%   

Hennes & Mauritz AB, Class B

    2.2%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree International Hedged Dividend Growth Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International Hedged Dividend Growth Index.

The Fund returned 0.59% at net asset value (“NAV”) from fund inception on May 7, 2014 to September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Financials. The Fund’s position in Materials created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.58%.

Performance as of 9/30/14

 

        Cumulative Total Return  
        Since
Inception1
 

Fund NAV Returns

       0.59

Fund Market Price Returns

       -0.13

WisdomTree International Hedged Dividend Growth Index

       1.17

MSCI EAFE Local Currency Index

       4.14
1

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on May 7, 2014.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      9   


Table of Contents

Performance Summary (unaudited)

WisdomTree International LargeCap Dividend Fund (DOL)

 

Sector Breakdown† as of 9/30/14

 

Sector   % of Net Assets  

Financials

    24.7%   

Telecommunication Services

    11.9%   

Consumer Staples

    11.0%   

Energy

    10.7%   

Healthcare

    10.5%   

Consumer Discretionary

    8.1%   

Industrials

    8.1%   

Utilities

    6.8%   

Materials

    5.8%   

Information Technology

    1.9%   

Investment Companies

    0.2%   

Other Assets less Liabilities

    0.3%   

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.

 

Other assets includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

China Mobile Ltd.

    2.4%   

Novartis AG, Registered Shares

    2.2%   

Banco Santander S.A.

    2.2%   

Total S.A.

    2.0%   

HSBC Holdings PLC

    2.0%   

Nestle S.A., Registered Shares

    1.8%   

Royal Dutch Shell PLC, Class A

    1.8%   

Roche Holding AG, Genusschein

    1.8%   

Commonwealth Bank of Australia

    1.8%   

Westpac Banking Corp.

    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 investment of cash collateral for securities on loan (if any).

The WisdomTree International LargeCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International LargeCap Dividend Index.

The Fund returned -1.29% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Hong Kong. The Fund’s position in Germany created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.48%.

Performance as of 9/30/14

 

      Average Annual Total Return  
      6-Month*     1 Year     3 Year     5 Year     Since
Inception1
 

Fund NAV Returns

     -1.29     6.15     13.37     6.15     3.93

Fund Market Price Returns

     -1.62     5.73     13.89     6.01     3.81

WisdomTree International LargeCap Dividend Index

     -1.20     6.67     13.68     6.43     4.26

MSCI EAFE Index

     -2.03     4.25     13.65     6.56     3.63
* Returns of less than one year are cumulative.
1

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

10   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Performance Summary (unaudited)

WisdomTree International MidCap Dividend Fund (DIM)

 

Sector Breakdown as of 9/30/14

 

Sector   % of Net Assets  

Financials

    21.7%   

Industrials

    20.8%   

Consumer Discretionary

    14.8%   

Materials

    10.1%   

Consumer Staples

    7.7%   

Utilities

    6.5%   

Telecommunication Services

    5.7%   

Healthcare

    4.8%   

Information Technology

    4.4%   

Energy

    3.0%   

Investment Companies

    0.0%   

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 includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Belgacom S.A.

    1.2%   

Insurance Australia Group Ltd.

    1.0%   

Telefonica Deutschland Holding AG

    0.9%   

Gjensidige Forsikring ASA

    0.7%   

Fortescue Metals Group Ltd.

    0.6%   

Terna Rete Elettrica Nazionale SpA

    0.6%   

Bezeq Israeli Telecommunication Corp., Ltd.

    0.6%   

Red Electrica Corp. S.A.

    0.6%   

Marine Harvest ASA

    0.6%   

Veolia Environnement S.A.

    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 investment of cash collateral for securities on loan (if any).

The WisdomTree International MidCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International MidCap Dividend Index.

The Fund returned -3.25% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in the Japan. The Fund’s position in the United Kingdom created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.58%.

Performance as of 9/30/14

 

      Average Annual Total Return  
      6-Month*     1 Year     3 Year     5 Year     Since
Inception1
 

Fund NAV Returns

     -3.25     4.54     13.03     7.17     5.17

Fund Market Price Returns

     -3.96     3.80     13.65     6.96     5.02

WisdomTree International MidCap Dividend Index

     -3.22     5.04     13.39     7.40     5.28

MSCI EAFE Mid Cap Index

     -3.83     3.07     13.51     7.21     3.68
* Returns of less than one year are cumulative.
1

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      11   


Table of Contents

Performance Summary (unaudited)

WisdomTree International SmallCap Dividend Fund (DLS)

 

Sector Breakdown† as of 9/30/14

 

Sector  

% of Net Assets

 

Industrials

    23.3%   

Consumer Discretionary

    21.0%   

Financials

    16.9%   

Information Technology

    10.0%   

Materials

    9.7%   

Consumer Staples

    7.6%   

Healthcare

    4.4%   

Energy

    2.8%   

Utilities

    2.1%   

Telecommunication Services

    1.6%   

Investment Companies

    0.0%   

Other Assets less Liabilities

    0.6%   

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 includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Metcash Ltd.

    0.9%   

China Power International Development Ltd.

    0.8%   

IOOF Holdings Ltd.

    0.6%   

Salmar ASA

    0.5%   

Drillisch AG

    0.5%   

Tabcorp Holdings Ltd.

    0.5%   

Fred Olsen Energy ASA

    0.5%   

Seven West Media Ltd.

    0.5%   

Seven Group Holdings Ltd.

    0.5%   

Mineral Resources Ltd.

    0.4%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree International SmallCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International SmallCap Dividend Index.

The Fund returned -6.89% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Japan. The Fund’s position in Australia created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.58%.

Performance as of 9/30/14

 

      Average Annual Total Return  
      6-Month*     1 Year     3 Year     5 Year     Since
Inception1
 

Fund NAV Returns

     -6.89     2.02     14.22     9.64     5.66

Fund Market Price Returns

     -7.17     1.62     14.99     9.65     5.58

WisdomTree International SmallCap Dividend Index

     -5.99     3.27     14.85     9.89     6.13

MSCI EAFE Small Cap Index

     -5.90     3.00     14.49     8.91     4.82
* Returns of less than one year are cumulative.
1

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

12   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Performance Summary (unaudited)

WisdomTree Japan Hedged Capital Goods Fund (DXJC)

 

Industry Breakdown as of 9/30/14

 

Industry  

% of Net Assets

 

Automobiles

    31.3%   

Machinery

    28.5%   

Auto Components

    15.6%   

Electrical Equipment

    7.6%   

Metals & Mining

    7.1%   

Building Products

    4.4%   

Construction & Engineering

    2.6%   

Chemicals

    1.5%   

Other Assets less Liabilities

    1.4%   

Total

    100.0%   

 

The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time. It does not include derivatives (if any).

 

Other assets includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Toyota Motor Corp.

    9.9%   

Honda Motor Co., Ltd.

    8.0%   

FANUC Corp.

    4.5%   

Mitsubishi Electric Corp.

    3.6%   

Nippon Steel & Sumitomo Metal Corp.

    3.3%   

Nissan Motor Co., Ltd.

    3.2%   

Denso Corp.

    3.1%   

Bridgestone Corp.

    3.0%   

Komatsu Ltd.

    2.9%   

Mitsubishi Heavy Industries Ltd.

    2.8%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree Japan Hedged Capital Goods Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Japan Hedged Capital Goods Index.

The Fund returned 15.60% at net asset value (“NAV”) from fund inception on April 8, 2014 to September 30, 2014 (for more complete performance information please see the chart below). The Fund’s position in Mitsubishi Electric Corp. contributed to performance while its position in Bridgestone Corporation detracted from performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s net and gross annual expense ratios were 0.43% and 0.48%, respectively. WisdomTree Asset Management, Inc. has contractually agreed to limit the management fee to 0.43% through July 31, 2015, unless earlier terminated by the Board of Trustees of the Trust for any reason at any time.

Performance as of 9/30/14

 

        Cumulative Total Return  
        Since
Inception1
 

Fund NAV Returns

       15.60

Fund Market Price Returns

       17.15

WisdomTree Japan Hedged Capital Goods Index

       15.93

MSCI Japan Local Currency Index

       13.54
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on April 8, 2014.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      13   


Table of Contents

Performance Summary (unaudited)

WisdomTree Japan Hedged Equity Fund (DXJ)

 

Sector Breakdown as of 9/30/14

 

Sector  

% of Net Assets

 

Consumer Discretionary

    25.2%   

Industrials

    22.7%   

Information Technology

    13.6%   

Financials

    10.7%   

Materials

    9.6%   

Consumer Staples

    8.3%   

Healthcare

    7.9%   

Energy

    0.4%   

Other Assets less Liabilities

    1.6%   

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 includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Toyota Motor Corp.

    5.3%   

Mitsubishi UFJ Financial Group, Inc.

    4.8%   

Japan Tobacco, Inc.

    3.6%   

Canon, Inc.

    3.5%   

Honda Motor Co., Ltd.

    3.5%   

Mizuho Financial Group, Inc.

    3.2%   

Nissan Motor Co., Ltd.

    3.2%   

Takeda Pharmaceutical Co., Ltd.

    2.8%   

Mitsubishi Corp.

    2.6%   

Mitsui & Co., Ltd.

    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 investment of cash collateral for securities on loan (if any).

The WisdomTree Japan Hedged Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Japan Hedged Equity Index. The Fund seeks to provide Japanese equity returns while mitigating or ‘‘hedging’’ against fluctuations between the value of the Japanese yen and the U.S. dollar.

The Fund returned 11.15% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in the Industrials sector. The Fund’s position in the Financials sector created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.48%.

Performance as of 9/30/14

 

        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      Since
Inception1
 

Fund NAV Returns

       11.15      13.07      18.83      6.99      2.10

Fund Market Price Returns

       11.73      12.51      19.54      7.14      2.16

WisdomTree Japan Dividend/Japan Hedged Equity Spliced Index2

       11.58      13.67      19.14      7.28      2.20

MSCI Japan/MSCI Japan Local Currency Spliced Index3

       10.99      12.48      22.79      8.72      2.48
* Returns of less than one year are cumulative.
1

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

2

WisdomTree Japan Dividend Index through March 31, 2010; WisdomTree Japan Hedged Equity Index thereafter.

3

MSCI Japan Index through March 31, 2010; MSCI Japan Local Currency Index thereafter.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

14   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Performance Summary (unaudited)

WisdomTree Japan Hedged Financials Fund (DXJF)

 

Industry Breakdown as of 9/30/14

 

Industry  

% of Net Assets

 

Banks

    58.1%   

Insurance

    19.0%   

Capital Markets

    9.6%   

Diversified Financial Services

    8.9%   

Consumer Finance

    3.0%   

Other Assets less Liabilities‡

    1.4%   

Total

    100.0%   

 

The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time. It does not include derivatives (if any).

 

Other assets includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Sumitomo Mitsui Financial Group, Inc.

    11.0%   

Mitsubishi UFJ Financial Group, Inc.

    10.8%   

Tokio Marine Holdings, Inc.

    6.2%   

ORIX Corp.

    5.0%   

Dai-ichi Life Insurance Co., Ltd. (The)

    4.3%   

Sumitomo Mitsui Trust Holdings, Inc.

    4.1%   

Mizuho Financial Group, Inc.

    3.8%   

Nomura Holdings, Inc.

    3.8%   

Daiwa Securities Group, Inc.

    3.6%   

MS&AD Insurance Group Holdings, Inc.

    3.0%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree Japan Hedged Financials Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Japan Hedged Financials Index.

The Fund returned 9.82% at net asset value (“NAV”) from fund inception on April 8, 2014 to September 30, 2014 (for more complete performance information please see the chart below). The Fund’s position in Mitsubishi UFJ Financial Group, Inc. contributed to performance while its position in Sumitomo Mitsui Financial Group, Inc. detracted from performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s net and gross annual expense ratios were 0.43% and 0.48%, respectively. WisdomTree Asset Management, Inc. has contractually agreed to limit the management fee to 0.43% through July 31, 2015, unless earlier terminated by the Board of Trustees of the Trust for any reason at any time.

Performance as of 9/30/14

 

        Cumulative Total Return  
        Since
Inception1
 

Fund NAV Returns

       9.82

Fund Market Price Returns

       11.91

WisdomTree Japan Hedged Financials Index

       9.91

MSCI Japan Local Currency Index

       13.54
1

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on April 8, 2014.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      15   


Table of Contents

Performance Summary (unaudited)

WisdomTree Japan Hedged Health Care Fund (DXJH)

 

Industry Breakdown as of 9/30/14

 

Industry  

% of Net Assets

 

Pharmaceuticals

    68.7%   

Health Care Equipment & Supplies

    16.8%   

Health Care Providers & Services

    6.3%   

Food & Staples Retailing

    4.9%   

Health Care Technology

    1.3%   

Biotechnology

    0.5%   

Other Assets less Liabilities

    1.5%   

Total

    100.0%   

 

The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time. It does not include derivatives (if any).

 

Other assets includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Astellas Pharma, Inc.

    10.1%   

Takeda Pharmaceutical Co., Ltd.

    9.7%   

Otsuka Holdings Co., Ltd.

    9.1%   

Eisai Co., Ltd.

    5.5%   

Olympus Corp.

    5.4%   

Daiichi Sankyo Co., Ltd.

    5.2%   

Ono Pharmaceutical Co., Ltd.

    4.8%   

Terumo Corp.

    4.4%   

Shionogi & Co., Ltd.

    3.9%   

Sysmex Corp.

    3.3%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree Japan Hedged Health Care Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Japan Hedged Health Care Index.

The Fund returned 17.23% at net asset value (“NAV”) from fund inception on April 8, 2014 to September 30, 2014 (for more complete performance information please see the chart below). The Fund’s position in Astellas Pharma Inc. contributed to performance while its position in Daiichi Sankyo Company, Limited detracted from performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s net and gross annual expense ratios were 0.43% and 0.48%, respectively. WisdomTree Asset Management, Inc. has contractually agreed to limit the management fee to 0.43% through July 31, 2015, unless earlier terminated by the Board of Trustees of the Trust for any reason at any time.

Performance as of 9/30/14

 

        Cumulative Total Return  
        Since
Inception1
 

Fund NAV Returns

       17.23

Fund Market Price Returns

       19.89

WisdomTree Japan Hedged Health Care Index

       17.50

MSCI Japan Local Currency Index

       13.54
1

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on April 8, 2014.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

16   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Performance Summary (unaudited)

WisdomTree Japan Hedged Real Estate Fund (DXJR)

 

Industry Breakdown as of 9/30/14

 

Industry  

% of Net Assets

 

Real Estate Management & Development

    41.4%   

Real Estate Investment Trusts (REITs)

    26.9%   

Construction & Engineering

    13.6%   

Household Durables

    7.2%   

Building Products

    4.5%   

Transportation Infrastructure

    2.9%   

Construction Materials

    2.2%   

Other Assets less Liabilities

    1.3%   

Total

    100.0%   

 

The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time. It does not include derivatives (if any).

 

Other assets includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Mitsubishi Estate Co., Ltd.

    10.0%   

Mitsui Fudosan Co., Ltd.

    9.6%   

Sumitomo Realty & Development Co., Ltd.

    6.2%   

Daiwa House Industry Co., Ltd.

    4.5%   

Daito Trust Construction Co., Ltd.

    3.5%   

Nippon Building Fund, Inc.

    2.8%   

Sekisui House Ltd.

    2.7%   

Taisei Corp.

    2.5%   

Japan Real Estate Investment Corp.

    2.5%   

LIXIL Group Corp.

    2.3%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree Japan Hedged Real Estate Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Japan Hedged Real Estate Index.

The Fund returned 10.69% at net asset value (“NAV”) from fund inception on April 8, 2014 to September 30, 2014 (for more complete performance information please see the chart below). The Fund’s position in Daito Trust Construction., Ltd. contributed to performance while its position in LIXIL Group Corp. detracted from performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s net and gross annual expense ratios were 0.43% and 0.48%, respectively. WisdomTree Asset Management, Inc. has contractually agreed to limit the management fee to 0.43% through July 31, 2015, unless earlier terminated by the Board of Trustees of the Trust for any reason at any time.

Performance as of 9/30/14

 

        Cumulative Total Return  
        Since
Inception1
 

Fund NAV Returns

       10.69

Fund Market Price Returns

       12.86

WisdomTree Japan Hedged Real Estate Index

       11.03

MSCI Japan Local Currency Index

       13.54
1

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on April 8, 2014.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      17   


Table of Contents

Performance Summary (unaudited)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

 

Sector Breakdown as of 9/30/14

 

Sector  

% of Net Assets

 

Industrials

    24.8%   

Consumer Discretionary

    22.9%   

Materials

    12.1%   

Financials

    11.1%   

Information Technology

    11.1%   

Consumer Staples

    9.8%   

Healthcare

    5.4%   

Energy

    1.0%   

Utilities

    0.3%   

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. It does not include derivatives (if any).

 

Other assets includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Kaken Pharmaceutical Co., Ltd.

    0.7%   

Sanrio Co., Ltd.

    0.7%   

Azbil Corp.

    0.6%   

Kaneka Corp.

    0.5%   

Heiwa Corp.

    0.5%   

Dena Co., Ltd.

    0.5%   

Asatsu-DK, Inc.

    0.5%   

Autobacs Seven Co., Ltd.

    0.5%   

Nishi-Nippon City Bank Ltd. (The)

    0.5%   

NHK Spring Co., Ltd.

    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 investment of cash collateral for securities on loan (if any).

The WisdomTree Japan Hedged SmallCap Equity (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Japan Hedged SmallCap Equity Index.

The Fund returned 9.21% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Industrials. The Fund’s position in Materials created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.58%.

Performance as of 9/30/14

 

      Average Annual Total Return  
      6-Month*      1 Year      Since
Inception1
 

Fund NAV Returns

     9.21      13.23      16.81

Fund Market Price Returns

     9.60      12.70      16.25

WisdomTree Japan Hedged SmallCap Equity Index

     9.58      14.36      18.27

MSCI Japan Small Cap Local Currency Index

     11.54      14.11      20.08
* Returns of less than one year are cumulative.
1

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on June 28, 2013.

 

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

18   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Performance Summary (unaudited)

WisdomTree Japan Hedged Tech, Media and Telecom Fund (DXJT)

 

Industry Breakdown as of 9/30/14

 

Industry   % of Net Assets  

Electronic Equipment, Instruments & Components

    29.1%   

Wireless Telecommunication Services

    18.6%   

Technology Hardware, Storage & Peripherals

    15.2%   

Household Durables

    10.7%   

IT Services

    5.7%   

Semiconductors & Semiconductor Equipment

    4.7%   

Software

    4.2%   

Media

    3.9%   

Leisure Products

    2.6%   

Internet Software & Services

    2.2%   

Internet & Catalog Retail

    1.8%   

Other Assets less Liabilities

    1.3%   

Total

    100.0%   

 

The Fund’s industry 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 includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

SoftBank Corp.

    9.1%   

Canon, Inc.

    6.3%   

Hitachi Ltd.

    6.2%   

KDDI Corp.

    5.4%   

Panasonic Corp.

    4.7%   

NTT DOCOMO, Inc.

    3.9%   

Murata Manufacturing Co., Ltd.

    3.9%   

Keyence Corp.

    3.3%   

Sony Corp.

    3.1%   

Kyocera Corp.

    2.8%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree Japan Hedged Tech, Media and Telecom Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Japan Hedged Tech, Media and Telecom Index.

The Fund returned 12.82% at net asset value (“NAV”) from fund inception on April 8, 2014 to September 30, 2014 (for more complete performance information please see the chart below). The Fund’s position in Murata Manufacturing Co., Ltd. contributed to performance while its position in SoftBank Corp. detracted from performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s net and gross annual expense ratios were 0.43% and 0.48%, respectively. WisdomTree Asset Management, Inc. has contractually agreed to limit the management fee to 0.43% through July 31, 2015, unless earlier terminated by the Board of Trustees of the Trust for any reason at any time.

Performance as of 9/30/14

 

        Cumulative Total Return  
        Since
Inception1
 

Fund NAV Returns

       12.82

Fund Market Price Returns

       15.10

WisdomTree Japan Hedged Tech, Media and Telecom Index

       13.11

MSCI Japan Local Currency Index

       13.54
1

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on April 8, 2014.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      19   


Table of Contents

Performance Summary (unaudited)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

 

Sector Breakdown† as of 9/30/14

 

Sector   % of Net Assets  

Industrials

    25.0%   

Consumer Discretionary

    23.0%   

Materials

    12.2%   

Information Technology

    11.2%   

Financials

    10.9%   

Consumer Staples

    10.1%   

Healthcare

    5.3%   

Energy

    1.2%   

Utilities

    0.3%   

Investment Companies

    0.1%   

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 includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Sanrio Co., Ltd.

    0.7%   

Kaken Pharmaceutical Co., Ltd.

    0.7%   

Azbil Corp.

    0.6%   

Nishi-Nippon City Bank Ltd. (The)

    0.6%   

Asatsu-DK, Inc.

    0.5%   

Heiwa Corp.

    0.5%   

Denki Kagaku Kogyo K.K.

    0.5%   

Sojitz Corp.

    0.5%   

Ube Industries Ltd.

    0.5%   

Resorttrust, Inc.

    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 investment of cash collateral for securities on loan (if any).

The WisdomTree Japan SmallCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Japan SmallCap Dividend Index.

The Fund returned 3.07% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in the Industrials sector. The Fund’s position in the Materials sector created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.58%.

Performance as of 9/30/14

 

      Average Annual Total Return  
      6-Month*     1 Year     3 Year     5 Year     Since
Inception1
 

Fund NAV Returns

     3.07     2.25     7.22     6.38     1.87

Fund Market Price Returns

     3.77     2.25     7.89     6.47     2.06

WisdomTree Japan SmallCap Dividend Index

     3.03     3.15     7.94     7.39     2.62

MSCI Japan Small Cap Index

     4.72     2.08     8.58     7.17     1.46
* Returns of less than one year are cumulative.
1

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

20   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Performance Summary (unaudited)

WisdomTree Korea Hedged Equity Fund (DXKW)

 

Sector Breakdown† as of 9/30/14

 

Sector   % of Net Assets  

Industrials

    24.9%   

Information Technology

    21.6%   

Materials

    19.8%   

Consumer Discretionary

    18.3%   

Consumer Staples

    8.9%   

Energy

    3.5%   

Healthcare

    1.9%   

Financials

    0.8%   

Other Assets less Liabilities

    0.3%   

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 includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Samsung Electronics Co., Ltd.

    10.0%   

SK Hynix, Inc.

    6.1%   

KT&G Corp.

    5.7%   

POSCO

    5.5%   

Hyundai Steel Co.

    5.4%   

LG Chem Ltd.

    5.1%   

Kia Motors Corp.

    4.6%   

Hyundai Glovis Co., Ltd.

    4.4%   

Hyundai Mobis Co., Ltd.

    4.1%   

Hyundai Motor Co.

    4.0%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree Korea Hedged Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Korea Hedged Equity Index.

The Fund returned -5.34% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Consumer Staples. The Fund’s position in Consumer Discretionary created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.58%.

Performance as of 9/30/14

 

      Cumulative Total Return  
      6-Month      Since
Inception1
 

Fund NAV Returns

     -5.34      -11.03

Fund Market Price Returns

     -6.05      -11.38

WisdomTree Korea Hedged Equity Index

     -4.06      -10.03

MSCI Korea Local Currency Index

     -2.20      -3.31
1

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on November 7, 2013.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      21   


Table of Contents

Performance Summary (unaudited)

WisdomTree United Kingdom Hedged Equity Fund (DXPS)

 

Sector Breakdown† as of 9/30/14

 

Sector   % of Net Assets  

Consumer Staples

    17.7%   

Financials

    17.2%   

Energy

    16.7%   

Materials

    11.3%   

Healthcare

    9.8%   

Telecommunication Services

    7.4%   

Industrials

    7.0%   

Utilities

    5.7%   

Consumer Discretionary

    5.2%   

Information Technology

    1.3%   

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 includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Vodafone Group PLC

    5.4%   

Royal Dutch Shell PLC, Class A

    5.2%   

British American Tobacco PLC

    5.1%   

Royal Dutch Shell PLC, Class B

    5.0%   

AstraZeneca PLC

    4.8%   

HSBC Holdings PLC

    4.6%   

BP PLC

    4.6%   

GlaxoSmithKline PLC

    4.5%   

National Grid PLC

    3.8%   

Rio Tinto PLC

    3.7%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree United Kingdom Hedged Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree United Kingdom Hedged Equity Index.

The Fund returned 1.09% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Health Care. The Fund’s position in Materials created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.48%.

Performance as of 9/30/14

 

        Average Annual Total Return  
        6-Month*      1 Year      Since
Inception1
 

Fund NAV Returns

       1.09      6.21      8.28

Fund Market Price Returns

       0.87      5.38      7.06

WisdomTree United Kingdom Hedged Equity Index

       1.44      6.99      9.09

MSCI United Kingdom Local Currency Index

       2.45      6.00      8.84
* Returns of less than one year are cumulative.
1

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on June 28, 2013.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

22   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Description of Indexes (unaudited)

 

Below are descriptions of each Index referenced in this report:

The MSCI Australia Index is comprised of large- and mid-capitalization segments of the Australia market.

The MSCI EAFE Index is a market cap-weighted index composed of companies representative of the developed market structure of 21 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. The index is calculated using the same methodology as its corresponding MSCI EAFE Index in U.S. dollars, with the key difference being the currency in which the securities are quoted in. The price used for each security in the local currency index is the local price, on the primary exchange on which a security is traded, with no conversion into U.S. dollars.

The MSCI EAFE Mid Cap Index is a free float-adjusted market capitalization index that is designed to measure the performance of mid-capitalization equities in the developed markets excluding the U.S. and Canada.

The MSCI EAFE Small Cap Index is comprised of small-capitalization stocks in the MSCI EAFE Index.

The MSCI EAFE Value Index is comprised of value stocks in the MSCI EAFE Index.

The MSCI Europe Index is a free float-adjusted market capitalization index that is designed to measure the performance of large- and mid-cap stocks within 15 developed market European countries.

The MSCI Europe Small Cap Index is comprised of small-capitalization stocks in the MSCI Europe Index.

The MSCI European Economic and Monetary Union (EMU) Local Currency Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of the developed market countries within the EMU. The securities are priced in local currency terms with no conversion into U.S. dollars.

The MSCI Germany Local Currency Index is a capitalization weighted index that measures the performance of the Germany equity market and provides local currency returns, which are not translated back to U.S. dollars.

The MSCI Japan Index is a capitalization weighted index that is comprised of stocks in Japan.

The MSCI Japan Local Currency Index is a free float-adjusted market capitalization index that is designed to measure developed market equity performance in Japan and uses the same methodology as its corresponding MSCI Japan Index. The price used for each security in the local currency index is the local price, on the primary exchange on which a security is traded, with no conversion into U.S. dollars.

The MSCI Japan Small Cap Index is comprised of small cap stocks in the MSCI Japan Index.

The MSCI Japan Small Cap Local Currency Index is a free float-adjusted market capitalization index that is designed to measure the performance of small cap stocks within Japan and provides local currency returns, which are not translated back to U.S. dollars.

The MSCI Pacific ex-Japan Index is a subset of the MSCI EAFE Index that is comprised of stocks in Australia, Hong Kong, Singapore and New Zealand.

The MSCI Pacific ex-Japan Value Index is comprised of value stocks in the MSCI Pacific ex-Japan Index.

The MSCI Korea Local Currency Index is a free float-adjusted market capitalization weighted index designed to measure the performance of the South Korean equity market and provides local currency returns, which are not translated back to U.S. dollars.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      23   


Table of Contents

Description of Indexes (unaudited) (continued)

 

The MSCI United Kingdom Local Currency Index is a capitalization weighted index that measures the performance of the British equity market and provides local currency returns, which are not translated back to U.S. dollars.

The WisdomTree Australia Dividend Index is comprised of dividend-paying companies incorporated in Australia.

The WisdomTree DEFA Equity Income Index is comprised of companies with high dividend yields selected from the WisdomTree DEFA Index.

The WisdomTree DEFA Index is comprised of dividend-paying companies in the industrialized world, excluding Canada and the United States.

The WisdomTree DEFA International Hedged Equity Index is comprised of dividend-paying companies in the industrialized world, excluding Canada and the United States, and is designed to neutralize exposure to fluctuations between the value of the U.S. dollar and non-U.S. currencies reflected in the index. This index is based on the WisdomTree DEFA Index.

The WisdomTree Europe Dividend Growth Index is a fundamentally weighted index that measures the performance of dividend-paying common stocks with growth characteristics selected from the WisdomTree DEFA Index.

The WisdomTree Europe Hedged Equity Index is designed to provide exposure to European equities while at the same time neutralizing exposure to fluctuations between the Euro and the U.S. dollar.

The WisdomTree Europe SmallCap Dividend Index is comprised of the small-capitalization segment of the European dividend-paying market.

The WisdomTree Germany Hedged Equity Index is designed to provide exposure to Germany equity markets while at the same time neutralizing exposure to fluctuations of the Euro movements relative to the U.S. dollar. In this sense, the Index “hedges” against fluctuations in the relative value of the Euro against the U.S. dollar.

The WisdomTree International Dividend ex-Financials Index is comprised of high dividend-yielding international stocks outside the financial sector.

The WisdomTree International Dividend Top 100 Index is comprised of the 100 highest dividend-yielding companies in the WisdomTree International LargeCap Dividend Index.

The WisdomTree International Hedged Dividend Growth Index is designed to provide exposure to the developed market companies while at the same time neutralizing exposure to fluctuations between the value of foreign currencies and the U.S. dollar.

The WisdomTree International LargeCap Dividend Index is comprised of the large-capitalization segment of the dividend-paying market in the industrialized world outside the U.S. and Canada.

The WisdomTree International MidCap Dividend Index is comprised of the mid-capitalization segment of the dividend-paying market in the industrialized world outside the U.S. and Canada.

The WisdomTree International SmallCap Dividend Index is comprised of the small-capitalization segment of the dividend-paying market in the industrialized world outside the U.S. and Canada.

The WisdomTree Japan Dividend Index is comprised of dividend-paying companies incorporated in Japan, listed on the Tokyo Stock Exchange and that meet other requirements necessary to be included in the WisdomTree DEFA Index.

The WisdomTree Japan Hedged Capital Goods Index is designed to provide exposure to Japanese capital goods companies while at the same time neutralizing exposure to fluctuations between the Yen and the U.S. dollar.

The WisdomTree Japan Hedged Equity Index is designed to provide exposure to Japanese equity markets while at the same time neutralizing exposure to fluctuations of the Japanese Yen movements relative to the U.S. dollar. This index is based on the WisdomTree Japan Dividend Index.

 

24   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Description of Indexes (unaudited) (concluded)

 

The WisdomTree Japan Hedged Financials Index is designed to provide exposure to Japanese financial companies while at the same time neutralizing exposure to fluctuations between the Yen and the U.S. dollar.

The WisdomTree Japan Hedged Health Care Index is designed to provide exposure to Japanese health care companies while at the same time neutralizing exposure to fluctuations between the Yen and the U.S. dollar.

The WisdomTree Japan Hedged Real Estate Index is designed to provide exposure to Japanese real estate companies while at the same time neutralizing exposure to fluctuations between the Yen and the U.S. dollar.

The WisdomTree Japan Hedged SmallCap Equity Index is designed to provide exposure to the small-capitalization segment of the Japanese equity markets while at the same time neutralizing exposure to fluctuations of the Japanese Yen movements relative to the U.S. dollar.

The WisdomTree Japan Hedged Tech, Media and Telecom Index is designed to provide exposure to Japanese tech, media, and telecom companies while at the same time neutralizing exposure to fluctuations between the Yen and the U.S. dollar.

The WisdomTree Japan SmallCap Dividend Index is comprised of dividend-paying small-capitalization companies in Japan.

The WisdomTree Korea Hedged Equity Index is designed to provide exposure to Korean equity markets while at the same time neutralizing exposure to fluctuations of the Korean Won movements relative to the U.S. dollar.

The WisdomTree Pacific ex-Japan Dividend Index is comprised of dividend-paying companies incorporated in the Pacific region, excluding Japan.

The WisdomTree Pacific ex-Japan Equity Income Index is comprised of companies with high dividend yields selected from the WisdomTree Pacific ex-Japan Dividend Index.

The WisdomTree United Kingdom Hedged Equity Index is designed to provide exposure to United Kingdom equity markets while at the same time neutralizing exposure to fluctuations of the British Pound movements relative to the U.S. dollar.

Index performance information assumes the reinvestment of net dividends and excludes management fees, transaction costs and expenses. You cannot directly invest in an index.

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.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      25   


Table of Contents

Shareholder Expense Examples (unaudited)

 

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 following example is intended to help you understand your ongoing costs (in dollars and cents) of investing in a Fund and to compare these costs with the ongoing costs of investing in other funds.

The example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period from April 1, 2014 to September 30, 2014.

Actual expenses

The first line under each Fund in the table on the next page provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line for your Fund under the heading entitled “Expenses Paid During the Period 4/1/14 to 9/30/14” to estimate the expenses you paid on your account during the period.

Hypothetical example for comparison purposes

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

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

 

26   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Shareholder Expense Examples (unaudited) (continued)

 

     Beginning
Account Value
4/1/14
    Ending
Account Value
9/30/14
    Annualized
Expense Ratio
Based on the
Period
4/1/14 to
9/30/14
    Expenses Paid
During the
Period†
4/1/14 to
9/30/14
 

WisdomTree Australia Dividend Fund

       

Actual

  $ 1,000.00      $ 933.70        0.59   $ 2.86   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.11        0.59   $ 2.99   

WisdomTree DEFA Equity Income Fund

       

Actual

  $ 1,000.00      $ 977.80        0.59   $ 2.93   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.11        0.59   $ 2.99   

WisdomTree DEFA Fund

       

Actual

  $ 1,000.00      $ 979.40        0.49   $ 2.43   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.61        0.49   $ 2.48   

WisdomTree Europe Dividend Growth Fund

       

Actual1

  $ 1,000.00      $ 937.30        0.58   $ 2.26   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.16        0.58   $ 2.94   

WisdomTree Europe Hedged Equity Fund

       

Actual

  $ 1,000.00      $ 1,039.90        0.59   $ 3.02   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.11        0.59   $ 2.99   

WisdomTree Europe SmallCap Dividend Fund

       

Actual

  $ 1,000.00      $ 866.00        0.59   $ 2.76   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.11        0.59   $ 2.99   

WisdomTree Germany Hedged Equity Fund

       

Actual

  $ 1,000.00      $ 988.90        0.49   $ 2.44   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.61        0.49   $ 2.48   

WisdomTree International Dividend ex-Financials Fund

       

Actual

  $ 1,000.00      $ 974.10        0.58   $ 2.87   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.16        0.58   $ 2.94   

WisdomTree International Hedged Dividend Growth Fund

       

Actual1

  $ 1,000.00      $ 1,005.90        0.58   $ 2.34   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.16        0.58   $ 2.94   

WisdomTree International LargeCap Dividend Fund

       

Actual

  $ 1,000.00      $ 987.10        0.49   $ 2.44   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.61        0.49   $ 2.48   

WisdomTree International MidCap Dividend Fund

       

Actual

  $ 1,000.00      $ 967.50        0.59   $ 2.91   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.11        0.59   $ 2.99   

WisdomTree International SmallCap Dividend Fund

       

Actual

  $ 1,000.00      $ 931.10        0.59   $ 2.86   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.11        0.59   $ 2.99   

WisdomTree Japan Hedged Capital Goods Fund

       

Actual2

  $ 1,000.00      $ 1,156.00        0.44 %*    $ 2.29   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.86        0.44 %*    $ 2.23   

WisdomTree Japan Hedged Equity Fund

       

Actual

  $ 1,000.00      $ 1,111.50        0.49   $ 2.59   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.61        0.49   $ 2.48   

WisdomTree Japan Hedged Financials Fund

       

Actual2

  $ 1,000.00      $ 1,098.20        0.43 %*    $ 2.18   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.91        0.43 %*    $ 2.18   

WisdomTree Japan Hedged Health Care Fund

       

Actual2

  $ 1,000.00      $ 1,172.30        0.44 %*    $ 2.30   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.86        0.44 %*    $ 2.23   

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      27   


Table of Contents

Shareholder Expense Examples (unaudited) (concluded)

 

     Beginning
Account Value
4/1/14
    Ending
Account Value
9/30/14
    Annualized
Expense Ratio
Based on the
Period
4/1/14 to
9/30/14
    Expenses Paid
During the
Period†
4/1/14 to
9/30/14
 

WisdomTree Japan Hedged Real Estate Fund

       

Actual2

  $ 1,000.00      $ 1,106.90        0.43 %*    $ 2.18   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.91        0.43 %*    $ 2.18   

WisdomTree Japan Hedged SmallCap Equity Fund

       

Actual

  $ 1,000.00      $ 1,092.10        0.59   $ 3.09   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.11        0.59   $ 2.99   

WisdomTree Japan Hedged Tech, Media and Telecom Fund

       

Actual2

  $ 1,000.00      $ 1,128.20        0.44 %*    $ 2.26   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.86        0.44 %*    $ 2.23   

WisdomTree Japan SmallCap Dividend Fund

       

Actual

  $ 1,000.00      $ 1,030.70        0.59   $ 3.00   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.11        0.59   $ 2.99   

WisdomTree Korea Hedged Equity Fund

       

Actual

  $ 1,000.00      $ 946.60        0.59   $ 2.88   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.11        0.59   $ 2.99   

WisdomTree United Kingdom Hedged Equity Fund

       

Actual

  $ 1,000.00      $ 1,010.90        0.49   $ 2.47   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.61        0.49   $ 2.48   
Expenses are calculated using each Fund’s annualized expense ratio, multiplied by the average account value for the period, multiplied by 183/365 (to reflect the one-half year period).

 

* WisdomTree Asset Management, Inc. has contractually agreed to limit the Management Fee to 0.43% through July 31, 2015, unless earlier terminated by the Board of Trustees of the Trust for any reason at any time.

 

1 

Fund commenced of operations on May 7, 2014. Actual expenses are calculated using the Fund’s annualized expense ratio, multiplied by the average account value for the period, multiplied by 147/365 (to reflect the period since commencement of operations).

 

2 

Fund commenced of operations on April 8, 2014. Actual expenses are calculated using the Fund’s annualized expense ratio, multiplied by the average account value for the period, multiplied by 176/365 (to reflect the period since commencement of operations).

 

28   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Australia Dividend Fund (AUSE)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 99.1%      
Australia – 99.1%      
Air Freight & Logistics – 2.4%      

Toll Holdings Ltd.(a)

     228,704       $ 1,128,719   
Banks – 8.7%      

Australia & New Zealand Banking Group Ltd.

     37,770         1,021,926   

Commonwealth Bank of Australia

     13,830         911,155   

National Australia Bank Ltd.

     42,398         1,207,246   

Westpac Banking Corp.(a)

     36,464         1,025,517   
     

 

 

 
Total Banks         4,165,844   
Beverages – 2.9%      

Coca-Cola Amatil Ltd.

     139,027         1,068,136   

Treasury Wine Estates Ltd.

     78,531         291,366   
     

 

 

 
Total Beverages         1,359,502   
Biotechnology – 0.6%      

CSL Ltd.

     4,390         284,922   
Capital Markets – 1.6%      

Macquarie Group Ltd.

     14,768         744,220   
Chemicals – 4.8%      

DuluxGroup Ltd.

     149,095         725,388   

Incitec Pivot Ltd.

     269,568         639,250   

Orica Ltd.

     55,709         921,340   
     

 

 

 
Total Chemicals         2,285,978   
Commercial Services & Supplies – 4.9%      

Brambles Ltd.

     59,232         493,431   

Downer EDI Ltd.

     186,779         720,774   

Mineral Resources Ltd.

     149,396         1,137,342   
     

 

 

 
Total Commercial Services & Supplies         2,351,547   
Construction & Engineering – 1.9%      

Leighton Holdings Ltd.(a)

     53,247         899,260   
Construction Materials – 3.1%      

Adelaide Brighton Ltd.

     364,110         1,022,752   

Boral Ltd.

     108,436         471,588   
     

 

 

 
Total Construction Materials         1,494,340   
Containers & Packaging – 1.3%      

Amcor Ltd.

     62,801         622,629   
Diversified Consumer Services – 0.8%      

Navitas Ltd.

     90,541         396,139   
Diversified Telecommunication Services – 6.0%      

iiNET Ltd.

     84,655         602,990   

M2 Group Ltd.(a)

     111,602         743,172   

Telstra Corp., Ltd.

     247,065         1,145,829   

TPG Telecom Ltd.

     63,712         381,338   
     

 

 

 
Total Diversified Telecommunication Services         2,873,329   
Energy Equipment & Services – 1.6%      

WorleyParsons Ltd.

     56,914         763,972   
Food & Staples Retailing – 7.1%      

Metcash Ltd.(a)

     751,410         1,729,281   

Wesfarmers Ltd.

     25,304         933,518   

Woolworths Ltd.(a)

     24,151         723,605   
     

 

 

 
Total Food & Staples Retailing         3,386,404   
     
Food Products – 3.6%      

Goodman Fielder Ltd.

     1,420,019       $ 776,617   

GrainCorp Ltd. Class A

     126,175         944,001   
     

 

 

 
Total Food Products         1,720,618   
Health Care Equipment & Supplies – 2.2%      

Ansell Ltd.

     18,119         308,381   

Cochlear Ltd.(a)

     12,093         735,553   
     

 

 

 
Total Health Care Equipment & Supplies         1,043,934   
Health Care Providers & Services – 4.0%      

Primary Health Care Ltd.

     229,677         878,278   

Ramsay Health Care Ltd.

     8,719         382,165   

Sonic Healthcare Ltd.

     43,460         667,040   
     

 

 

 
Total Health Care Providers & Services         1,927,483   
Hotels, Restaurants & Leisure – 8.5%      

Aristocrat Leisure Ltd.

     84,149         430,026   

Crown Resorts Ltd.

     31,763         383,560   

Echo Entertainment Group Ltd.

     170,372         488,995   

Flight Centre Travel Group Ltd.(a)

     16,521         618,024   

Tabcorp Holdings Ltd.

     312,978         988,676   

Tatts Group Ltd.

     411,444         1,134,107   
     

 

 

 
Total Hotels, Restaurants & Leisure         4,043,388   
Insurance – 7.8%      

AMP Ltd.

     179,471         857,472   

Insurance Australia Group Ltd.

     235,282         1,260,007   

QBE Insurance Group Ltd.

     56,622         577,719   

Suncorp Group Ltd.

     83,945         1,031,323   
     

 

 

 
Total Insurance         3,726,521   
Internet Software & Services – 1.2%      

carsales.com Ltd.(a)

     64,400         555,643   
IT Services – 2.6%      

Computershare Ltd.

     33,894         360,653   

Iress Ltd.

     102,934         895,319   
     

 

 

 
Total IT Services         1,255,972   
Media – 1.6%      

Fairfax Media Ltd.

     752,519         510,331   

REA Group Ltd.(a)

     6,358         240,791   
     

 

 

 
Total Media         751,122   
Metals & Mining – 5.1%      

BHP Billiton Ltd.

     22,173         657,162   

Fortescue Metals Group Ltd.(a)

     271,295         826,140   

Iluka Resources Ltd.(a)

     28,749         197,733   

Rio Tinto Ltd.

     14,316         746,371   
     

 

 

 
Total Metals & Mining         2,427,406   
Multi-Utilities – 1.6%      

AGL Energy Ltd.

     65,556         776,719   
Multiline Retail – 1.8%      

Harvey Norman Holdings Ltd.(a)

     266,654         847,008   
Oil, Gas & Consumable Fuels – 5.2%      

Beach Energy Ltd.

     258,771         319,277   

Caltex Australia Ltd.

     17,650         432,295   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      29   


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Australia Dividend Fund (AUSE)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Origin Energy Ltd.

     37,608       $ 492,646   

Santos Ltd.

     32,998         394,720   

Woodside Petroleum Ltd.

     24,156         858,191   
     

 

 

 
Total Oil, Gas & Consumable Fuels         2,497,129   
Professional Services – 1.7%      

ALS Ltd.(a)

     101,282         467,063   

Seek Ltd.

     23,689         336,018   
     

 

 

 
Total Professional Services         803,081   
Real Estate Management & Development –1.0%      

Lend Lease Group

     38,216         479,543   
Road & Rail – 1.3%      

Aurizon Holdings Ltd.

     151,109         598,992   
Trading Companies & Distributors –1.3%      

Seven Group Holdings Ltd.

     104,133         615,982   
Transportation Infrastructure – 0.9%      

Qube Holdings Ltd.

     189,919         415,471   
TOTAL COMMON STOCKS
(Cost: $46,524,135)
         47,242,817   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 16.6%      
United States – 16.6%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(b)

     
(Cost: $7,903,317)(c)      7,903,317         7,903,317   
TOTAL INVESTMENTS IN SECURITIES – 115.7%
(Cost: $54,427,452)
         55,146,134   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (15.7)%

   

     (7,499,419
     

 

 

 
NET ASSETS – 100.0%       $ 47,646,715   
(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(c) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $7,506,905 and the total market value of the collateral held by the Fund was $7,903,317.

 

See Notes to Financial Statements.

 

30   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited)

WisdomTree DEFA Equity Income Fund (DTH)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 99.6%      
Australia – 15.4%      

ALS Ltd.(a)

     27,673       $ 127,614   

Amcor Ltd.

     53,373         529,157   

AMP Ltd.

     105,304         503,119   

Arrium Ltd.(a)

     337,012         107,639   

ASX Ltd.

     10,716         336,261   

Aurizon Holdings Ltd.

     70,638         280,007   

Australia & New Zealand Banking Group Ltd.

     159,861         4,325,286   

Automotive Holdings Group Ltd.

     20,411         67,335   

Bank of Queensland Ltd.

     24,054         245,004   

BC Iron Ltd.(a)

     42,465         60,012   

Bendigo & Adelaide Bank Ltd.

     39,208         408,963   

BHP Billiton Ltd.

     157,614         4,671,354   

Brambles Ltd.

     38,272         318,824   

Brickworks Ltd.

     16,162         190,359   

Cabcharge Australia Ltd.

     34,195         163,376   

Cardno Ltd.(a)

     17,810         93,975   

Coca-Cola Amatil Ltd.(a)

     73,833         567,254   

Cochlear Ltd.(a)

     3,429         208,568   

Commonwealth Bank of Australia

     94,811         6,246,386   

DuluxGroup Ltd.

     30,276         147,301   

ERM Power Ltd.

     59,589         87,079   

Fairfax Media Ltd.

     167,991         113,925   

Flight Centre Travel Group Ltd.(a)

     4,794         179,336   

Fortescue Metals Group Ltd.(a)

     213,473         650,062   

Goodman Fielder Ltd.

     141,192         77,219   

GrainCorp Ltd. Class A

     27,214         203,606   

GUD Holdings Ltd.

     23,004         136,077   

Harvey Norman Holdings Ltd.(a)

     29,617         94,076   

Insurance Australia Group Ltd.

     140,715         753,572   

IOOF Holdings Ltd.

     16,656         124,469   

JB Hi-Fi Ltd.(a)

     7,838         105,623   

Leighton Holdings Ltd.

     19,326         326,387   

Lend Lease Group

     21,159         265,508   

Macquarie Group Ltd.

     12,103         609,920   

McMillan Shakespeare Ltd.

     7,893         71,416   

Mermaid Marine Australia Ltd.

     86,524         146,126   

Metcash Ltd.(a)

     145,819         335,585   

Mineral Resources Ltd.(a)

     18,526         141,037   

MMG Ltd.

     336,000         117,696   

Mount Gibson Iron Ltd.

     219,503         104,682   

National Australia Bank Ltd.

     138,016         3,929,885   

New Hope Corp., Ltd.

     94,490         215,804   

Northern Star Resources Ltd.

     58,078         63,272   

Orica Ltd.

     25,344         419,150   

Origin Energy Ltd.

     34,955         457,893   

Pacific Brands Ltd.

     220,135         93,425   

Platinum Asset Management Ltd.

     21,307         112,987   

Primary Health Care Ltd.

     42,028         160,714   

Prime Media Group Ltd.

     53,113         42,758   

Programmed Maintenance Services Ltd.

     22,217         53,657   

QBE Insurance Group Ltd.

     29,975         305,837   

Regis Resources Ltd.(a)

     100,285         136,458   
     

Reject Shop Ltd. (The)

     10,251       80,462   

Rio Tinto Ltd.

     22,694         1,183,162   

SAI Global Ltd.

     42,353         150,097   

Seven Group Holdings Ltd.

     27,330         161,666   

Seven West Media Ltd.

     58,149         81,922   

Skilled Group Ltd.

     45,950         90,469   

Sonic Healthcare Ltd.

     17,422         267,399   

Southern Cross Media Group Ltd.

     141,820         123,479   

Suncorp Group Ltd.

     57,433         705,605   

Super Retail Group Ltd.

     21,331         155,112   

Tabcorp Holdings Ltd.

     80,986         255,829   

Tatts Group Ltd.

     129,603         357,239   

Telstra Corp., Ltd.

     962,144         4,462,197   

Toll Holdings Ltd.(a)

     63,272         312,265   

UXC Ltd.

     65,350         52,324   

Wesfarmers Ltd.(a)

     69,692         2,571,085   

Westpac Banking Corp.(a)

     188,652         5,305,668   

Woodside Petroleum Ltd.

     47,780         1,697,481   

Woolworths Ltd.

     60,876         1,823,949   

WorleyParsons Ltd.

     18,375         246,653   

Wotif.com Holdings Ltd.(a)

     33,412         90,635   
     

 

 

 
Total Australia               50,407,733   
Austria – 0.3%      

EVN AG

     14,295         182,839   

Oesterreichische Post AG

     3,630         174,115   

OMV AG

     12,282         413,404   

UNIQA Insurance Group AG

     10,370         118,685   
     

 

 

 
Total Austria               889,043   
Belgium – 0.4%      

Ageas

     6,192         205,603   

Belgacom S.A.(a)

     25,751         896,525   

Cofinimmo S.A.

     409         46,345   

Elia System Operator S.A./N.V.

     2,791         134,101   

EVS Broadcast Equipment S.A.(a)

     1,617         56,419   

N.V. Bekaert S.A.

     2,285         76,219   
     

 

 

 
Total Belgium               1,415,212   
China – 4.8%      

BOC Hong Kong Holdings Ltd.(a)

     337,047         1,074,283   

China Merchants Holdings International Co., Ltd.(a)

     74,000         228,716   

China Mobile Ltd.

     850,000         9,824,407   

China Resources Power Holdings Co., Ltd.

     174,000         469,446   

CNOOC Ltd.

     1,807,000         3,099,669   

Dah Chong Hong Holdings Ltd.

     208,000         120,271   

Franshion Properties China Ltd.

     294,000         71,559   

Poly Property Group Co., Ltd.(a)

     289,000         110,909   

Shanghai Industrial Holdings Ltd.

     45,000         133,289   

Shenzhen Investment Ltd.

     326,000         91,522   

Sino-Ocean Land Holdings Ltd.(a)

     270,000         142,213   

Yuexiu Property Co., Ltd.

     824,000         146,440   
     

 

 

 
Total China               15,512,724   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      31   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree DEFA Equity Income Fund (DTH)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Denmark – 0.3%      

TDC A/S

     93,369       $ 709,216   

Tryg A/S

     2,994         310,949   
     

 

 

 
Total Denmark               1,020,165   
Finland – 1.6%      

Elisa Oyj

     14,186         376,688   

Fortum Oyj

     51,794         1,263,429   

Kemira Oyj

     8,816         116,380   

Kesko Oyj Class B

     4,391         157,255   

Kone Oyj Class B(a)

     14,544         584,619   

Metso Oyj

     6,794         242,027   

Neste Oil Oyj(a)

     8,071         166,190   

Orion Oyj Class B

     7,276         284,934   

Sampo Oyj Class A

     19,123         927,634   

Stockmann Oyj Abp Class B

     3,913         42,684   

Stora Enso Oyj Class R

     24,858         207,409   

Tikkurila Oyj

     8,888         185,483   

UPM-Kymmene Oyj

     35,098         501,458   
     

 

 

 
Total Finland               5,056,190   
France – 10.6%      

AXA S.A.

     70,464         1,736,656   

BNP Paribas S.A.

     27,335         1,813,565   

Bourbon S.A.

     4,275         115,893   

Bouygues S.A.(a)

     15,507         502,757   

Casino Guichard Perrachon S.A.

     4,188         451,120   

Cie de Saint-Gobain

     19,775         905,178   

CNP Assurances

     31,751         598,032   

Edenred

     4,591         113,295   

Electricite de France S.A.

     78,547         2,576,860   

Euler Hermes Group(a)

     1,932         206,231   

Eutelsat Communications S.A.

     7,003         226,162   

GDF Suez

     164,454         4,125,846   

Klepierre

     9,304         407,486   

Lagardere SCA

     1,423         38,091   

Metropole Television S.A.

     8,602         138,982   

Neopost S.A.

     1,610         118,349   

Nexity S.A.

     3,772         139,304   

Orange S.A.

     159,092         2,392,583   

Rallye S.A.

     5,741         250,858   

Rexel S.A.

     10,604         197,919   

Sanofi

     43,089         4,874,946   

SCOR SE

     3,474         108,550   

Societe Television Francaise 1(a)

     10,676         144,035   

Suez Environnement Co.

     32,230         545,371   

Total S.A.(a)

     119,681         7,778,572   

Unibail-Rodamco SE

     3,242         834,244   

Veolia Environnement S.A.

     17,555         310,025   

Vinci S.A.

     24,051         1,397,743   

Vivendi S.A.

     60,241         1,455,021   
     

 

 

 
Total France               34,503,674   
Germany – 7.1%      

Allianz SE Registered Shares

     12,215         1,980,517   

Axel Springer SE

     4,187         230,558   
     

BASF SE

     29,430       2,700,198   

Comdirect Bank AG

     10,492         108,391   

Daimler AG Registered Shares

     45,393         3,482,422   

Deutsche Boerse AG

     6,275         422,741   

Deutsche Post AG Registered Shares

     40,089         1,285,811   

Deutsche Telekom AG Registered Shares

     200,574         3,040,501   

Drillisch AG

     7,054         237,923   

E.ON SE

     56,407         1,032,858   

Evonik Industries AG(a)

     14,940         517,874   

Freenet AG

     10,108         263,104   

Hannover Rueck SE

     5,497         444,560   

Hugo Boss AG

     2,758         344,781   

MAN SE

     3,015         339,355   

Muenchener Rueckversicherungs AG Registered Shares

     6,344         1,254,601   

ProSiebenSat.1 Media AG Registered Shares

     5,573         222,115   

RWE AG

     10,446         407,160   

Siemens AG Registered Shares

     29,636         3,532,993   

Suedzucker AG(a)

     15,050         236,508   

Talanx AG*

     10,261         341,489   

Telefonica Deutschland Holding AG(a)

     146,119         764,181   
     

 

 

 
Total Germany               23,190,641   
Hong Kong – 1.6%      

Bank of East Asia Ltd.

     39,200         158,767   

China Power International Development Ltd.(a)

     468,000         216,971   

CLP Holdings Ltd.

     116,500         935,439   

Hang Seng Bank Ltd.

     71,818         1,153,328   

Hopewell Holdings Ltd.

     49,500         173,391   

New World Development Co., Ltd.

     234,666         273,194   

PCCW Ltd.

     334,380         210,142   

Power Assets Holdings Ltd.

     84,518         747,210   

Sino Land Co., Ltd.

     186,000         287,440   

SJM Holdings Ltd.

     265,000         505,080   

Television Broadcasts Ltd.(a)

     30,700         183,249   

Wheelock & Co., Ltd.

     45,000         215,000   
     

 

 

 
Total Hong Kong               5,059,211   
Ireland – 0.1%      

Dragon Oil PLC

     17,189         171,541   
Israel – 0.5%      

Bezeq Israeli Telecommunication Corp., Ltd.

     432,087         745,964   

Delek Automotive Systems Ltd.

     18,484         200,668   

Gazit-Globe Ltd.

     10,983         136,971   

Harel Insurance Investments & Financial Services Ltd.

     23,036         124,542   

Israel Chemicals Ltd.

     26,765         192,502   

Migdal Insurance & Financial Holding Ltd.

     125,843         183,821   

Phoenix Holdings Ltd. (The)

     28,805         92,642   

Shufersal Ltd.

     36,667         103,696   
     

 

 

 
Total Israel               1,780,806   
Italy – 3.2%      

ACEA SpA

     15,317         185,946   

Atlantia SpA

     37,466         925,280   

Banca Generali SpA

     5,231         138,307   

 

See Notes to Financial Statements.

 

32   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree DEFA Equity Income Fund (DTH)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Enel SpA

     392,780       $ 2,084,946   

Eni SpA

     168,049         4,005,872   

ERG SpA

     13,174         162,343   

Hera SpA

     79,826         211,361   

MARR SpA

     8,584         133,378   

Mediolanum SpA

     14,970         106,279   

Snam SpA

     213,808         1,183,007   

Societa Iniziative Autostradali e Servizi SpA

     45,850         492,899   

Telecom Italia SpA RSP

     370,098         328,905   

Terna Rete Elettrica Nazionale SpA

     106,869         537,579   

Unipol Gruppo Finanziario SpA

     21,753         105,301   
     

 

 

 
Total Italy               10,601,403   
Japan – 5.6%      

Adastria Holdings Co., Ltd.(a)

     4,700         91,691   

Aozora Bank Ltd.(a)

     62,000         209,690   

Asahi Holdings, Inc.

     3,100         55,446   

Canon Electronics, Inc.

     8,000         147,609   

Canon, Inc.

     48,500         1,578,643   

Chugoku Electric Power Co., Inc. (The)(a)

     15,600         199,951   

Dai Nippon Printing Co., Ltd.(a)

     28,000         280,651   

Daihatsu Motor Co., Ltd.(a)

     13,200         209,501   

Daiichi Sankyo Co., Ltd.(a)

     20,400         320,055   

Daito Trust Construction Co., Ltd.(a)

     2,200         259,820   

Daiwa Securities Group, Inc.(a)

     40,000         316,842   

Dynam Japan Holdings Co., Ltd.

     25,000         65,356   

Eisai Co., Ltd.(a)

     9,200         371,959   

Endo Lighting Corp.(a)

     3,800         44,306   

Fields Corp.

     4,500         65,801   

Foster Electric Co., Ltd.

     4,600         66,172   

Geo Holdings Corp.(a)

     15,300         131,806   

Hakuto Co., Ltd.

     9,600         96,879   

Hokuriku Electric Power Co.(a)

     12,100         158,951   

ITOCHU Corp.(a)

     58,000         708,510   

Japan Airlines Co., Ltd.

     11,600         317,243   

Kohnan Shoji Co., Ltd.(a)

     15,200         169,189   

Marubeni Corp.(a)

     62,200         425,724   

Matsui Securities Co., Ltd.(a)

     7,700         71,739   

Mitsubishi Corp.(a)

     53,100         1,087,220   

Mitsui & Co., Ltd.(a)

     65,500         1,032,702   

Mizuho Financial Group, Inc.(a)

     491,200         877,215   

Nippon Electric Glass Co., Ltd.(a)

     16,000         77,889   

Nippon Telegraph & Telephone Corp.

     37,900         2,356,679   

Nissan Motor Co., Ltd.(a)

     133,900         1,304,883   

NTT DOCOMO, Inc.(a)

     165,900         2,768,403   

Onward Holdings Co., Ltd.

     14,000         87,424   

Sankyo Co., Ltd.(a)

     4,700         168,385   

Sekisui House Ltd.

     19,700         232,029   

Sumitomo Corp.(a)

     43,500         480,029   

Takeda Pharmaceutical Co., Ltd.(a)

     27,400         1,190,968   

Tama Home Co., Ltd.(a)

     14,600         92,103   

TonenGeneral Sekiyu K.K.

     19,000         166,106   

UNY Group Holdings Co., Ltd.(a)

     18,800         99,917   
     

 

 

 
Total Japan               18,385,486   
     
Netherlands – 1.6%      

Aegon N.V.

     44,883       370,354   

Delta Lloyd N.V.

     10,975         264,736   

Fugro N.V. CVA(a)

     2,878         87,128   

Koninklijke Ahold N.V.

     30,033         486,381   

Koninklijke Boskalis Westminster N.V.

     5,321         299,656   

Koninklijke Philips N.V.

     26,084         832,497   

Reed Elsevier N.V.

     27,159         616,526   

Unilever N.V. CVA

     49,035         1,953,077   

Wolters Kluwer N.V.

     11,765         313,888   
     

 

 

 
Total Netherlands               5,224,243   
New Zealand – 0.7%      

Auckland International Airport Ltd.

     63,551         190,709   

Contact Energy Ltd.

     40,647         189,460   

Fisher & Paykel Healthcare Corp., Ltd.

     44,733         180,960   

Fletcher Building Ltd.

     27,423         187,671   

Infratil Ltd.

     59,142         130,458   

Mighty River Power Ltd.

     124,481         248,874   

New Zealand Oil & Gas Ltd.

     157,471         93,283   

Sky Network Television Ltd.

     35,059         172,158   

SKYCITY Entertainment Group Ltd.

     41,703         118,645   

Spark New Zealand Ltd.

     213,141         493,414   

Trade Me Group Ltd.

     32,535         88,758   

Vector Ltd.

     109,210         228,132   
     

 

 

 
Total New Zealand               2,322,522   
Norway – 2.5%      

Akastor ASA

     12,464         50,165   

Aker ASA Class A

     6,208         203,945   

Aker Solutions ASA*(b)

     12,464         124,198   

Austevoll Seafood ASA

     33,994         226,000   

Gjensidige Forsikring ASA

     28,447         601,915   

Marine Harvest ASA(a)

     31,802         445,136   

Orkla ASA

     49,154         444,646   

Statoil ASA

     148,082         4,039,386   

Telenor ASA

     67,182         1,474,861   

TGS Nopec Geophysical Co. ASA(a)

     3,514         89,454   

Yara International ASA

     12,188         612,175   
     

 

 

 
Total Norway               8,311,881   
Portugal – 0.4%      

EDP-Energias de Portugal S.A.

     258,677         1,129,003   

Portucel S.A.

     64,073         255,286   
     

 

 

 
Total Portugal               1,384,289   
Singapore – 2.7%      

Asian Pay Television Trust

     366,000         236,768   

CSE Global Ltd.

     238,000         125,037   

DBS Group Holdings Ltd.

     42,000         606,634   

Hutchison Port Holdings Trust(a)

     672,323         470,626   

Keppel Corp., Ltd.

     80,000         658,669   

Keppel Land Ltd.

     40,000         109,778   

M1 Ltd.(a)

     40,000         111,660   

OUE Ltd.

     115,000         192,072   

Oversea-Chinese Banking Corp., Ltd.

     86,249         658,720   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      33   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree DEFA Equity Income Fund (DTH)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

SATS Ltd.(a)

     83,000       $ 199,153   

Sembcorp Industries Ltd.

     64,000         259,955   

Sembcorp Marine Ltd.(a)

     121,000         354,850   

SIA Engineering Co., Ltd.(a)

     64,000         231,349   

Singapore Exchange Ltd.

     39,000         221,101   

Singapore Post Ltd.(a)

     254,000         357,508   

Singapore Press Holdings Ltd.(a)

     95,000         312,868   

Singapore Technologies Engineering Ltd.

     146,000         417,862   

Singapore Telecommunications Ltd.

     659,000         1,963,616   

StarHub Ltd.(a)

     93,000         300,447   

Tat Hong Holdings Ltd.

     208,000         128,848   

United Engineers Ltd.

     24,000         53,258   

United Overseas Bank Ltd.

     20,000         351,290   

Venture Corp., Ltd.

     43,000         256,591   

Wing Tai Holdings Ltd.(a)

     52,000         71,967   
     

 

 

 
Total Singapore               8,650,627   
Spain – 7.3%      

Abertis Infraestructuras S.A.

     42,847         846,538   

ACS Actividades de Construccion y Servicios S.A.

     17,301         664,844   

Banco Bilbao Vizcaya Argentaria S.A.

     247,896         2,990,940   

Banco Santander S.A.

     810,430         7,791,956   

Bolsas y Mercados Espanoles S.A.

     7,272         277,336   

CaixaBank S.A.

     272,102         1,657,136   

CaixaBank S.A.(a)

     3,415         20,799   

Enagas S.A.

     12,319         397,297   

Endesa S.A.

     30,064         1,188,153   

Gas Natural SDG S.A.

     51,006         1,501,941   

Iberdrola S.A.

     242,072         1,733,871   

Mapfre S.A.

     95,808         339,367   

Red Electrica Corp. S.A.

     6,274         543,381   

Repsol S.A.

     24,364         578,623   

Tecnicas Reunidas S.A.(a)

     2,450         129,957   

Telefonica S.A.

     205,914         3,187,781   
     

 

 

 
Total Spain               23,849,920   
Sweden – 3.4%      

Atlas Copco AB Class B

     11,301         293,797   

Axfood AB(a)

     4,403         228,078   

Bilia AB Class A

     5,183         139,490   

Castellum AB

     15,213         231,728   

Electrolux AB Series B

     9,063         240,015   

Fabege AB

     21,385         272,489   

Hennes & Mauritz AB Class B

     56,814         2,360,551   

ICA Gruppen AB

     4,447         145,531   

Mekonomen AB

     4,535         98,459   

Modern Times Group AB Class B(a)

     2,505         79,441   

Nordea Bank AB

     115,977         1,510,771   

Peab AB

     40,565         279,741   

Sandvik AB(a)

     42,841         483,777   

Securitas AB Class B

     17,170         190,913   

Skanska AB Class B

     19,544         404,794   

SKF AB Class B

     11,467         239,731   

Swedbank AB Class A

     44,027         1,109,776   

Telefonaktiebolaget LM Ericsson Class B

     99,872         1,269,113   
     

TeliaSonera AB

     236,024       $ 1,634,526   
     

 

 

 
Total Sweden               11,212,721   
Switzerland – 5.4%      

ABB Ltd. Registered Shares*

     72,598         1,632,030   

Baloise Holding AG Registered Shares

     2,493         319,615   

BKW AG(a)

     4,222         139,408   

Givaudan S.A. Registered Shares*

     174         278,254   

Kuehne + Nagel International AG Registered Shares

     4,657         587,791   

Novartis AG Registered Shares

     85,206         8,039,059   

STMicroelectronics N.V.(a)

     34,709         268,996   

Swiss Re AG*

     26,517         2,113,312   

Swisscom AG Registered Shares

     2,438         1,384,213   

Transocean Ltd.(a)

     22,642         731,985   

Zurich Insurance Group AG*

     7,460         2,223,556   
     

 

 

 
Total Switzerland               17,718,219   
United Kingdom – 24.1%      

Aberdeen Asset Management PLC

     30,290         196,664   

Admiral Group PLC

     9,425         196,034   

AMEC PLC

     10,033         179,566   

Amlin PLC

     33,783         237,690   

Anglo American PLC

     53,403         1,198,188   

Antofagasta PLC

     74,665         872,721   

Ashmore Group PLC(a)

     27,282         136,223   

AstraZeneca PLC

     59,962         4,317,467   

Aviva PLC

     126,090         1,070,091   

BAE Systems PLC

     166,631         1,273,681   

BBA Aviation PLC

     27,437         144,558   

Berendsen PLC

     12,319         195,715   

Berkeley Group Holdings PLC

     7,146         260,657   

BHP Billiton PLC

     84,457         2,348,135   

BP PLC

     991,426         7,288,077   

British American Tobacco PLC

     82,103         4,634,587   

British Land Co. PLC (The)

     24,169         275,251   

British Sky Broadcasting Group PLC

     54,154         774,323   

Cable & Wireless Communications PLC

     200,037         152,092   

Carillion PLC

     35,209         173,863   

Centrica PLC

     298,292         1,488,447   

Cobham PLC

     24,662         116,384   

Dairy Crest Group PLC

     11,784         73,310   

De La Rue PLC

     9,914         76,664   

Debenhams PLC

     102,823         97,181   

Devro PLC

     21,720         83,715   

Direct Line Insurance Group PLC

     27,828         132,724   

Electrocomponents PLC

     31,909         115,356   

Evraz PLC

     62,557         131,839   

G4S PLC

     59,146         240,383   

GlaxoSmithKline PLC

     251,696         5,765,563   

Greene King PLC

     13,303         169,294   

Halfords Group PLC

     26,484         203,724   

Hargreaves Services PLC

     5,620         51,932   

HSBC Holdings PLC

     723,998         7,348,595   

ICAP PLC(a)

     40,668         255,343   

 

See Notes to Financial Statements.

 

34   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree DEFA Equity Income Fund (DTH)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

IG Group Holdings PLC

     15,556       $ 149,925   

Imperial Tobacco Group PLC

     45,291         1,956,002   

Inmarsat PLC

     18,564         210,966   

Interserve PLC

     17,994         174,880   

Intu Properties PLC

     21,675         113,392   

Investec PLC

     39,589         333,735   

J Sainsbury PLC(a)

     112,507         458,713   

Kier Group PLC

     7,822         208,596   

Ladbrokes PLC

     65,755         137,939   

Laird PLC

     40,294         202,304   

Legal & General Group PLC

     226,732         841,360   

Marks & Spencer Group PLC

     63,696         417,793   

Marston’s PLC

     37,504         89,558   

Melrose Industries PLC

     31,331         125,812   

Micro Focus International PLC

     15,953         274,139   

N Brown Group PLC

     11,733         72,603   

National Grid PLC

     197,243         2,839,473   

Old Mutual PLC

     158,420         466,647   

Pearson PLC

     36,790         739,562   

Pennon Group PLC

     19,000         243,643   

Persimmon PLC*

     12,093         261,525   

Premier Farnell PLC

     40,597         119,781   

Rexam PLC

     26,611         212,165   

Rio Tinto PLC

     59,258         2,912,244   

Royal Dutch Shell PLC Class A

     163,840         6,264,394   

Sage Group PLC (The)

     52,550         311,290   

Segro PLC

     41,945         246,905   

Severn Trent PLC

     11,370         345,978   

Smiths Group PLC

     11,905         243,949   

SSE PLC

     54,625         1,369,951   

Standard Chartered PLC

     74,961         1,385,970   

Standard Life PLC

     78,332         526,238   

TalkTalk Telecom Group PLC(a)

     35,697         173,032   

Tate & Lyle PLC

     24,953         239,277   

Tesco PLC

     444,915         1,343,012   

TUI Travel PLC(a)

     34,446         217,282   

Unilever PLC

     44,579         1,868,160   

United Utilities Group PLC

     35,461         464,500   

Vedanta Resources PLC

     13,789         223,205   

Vodafone Group PLC

     2,086,193         6,912,874   

William Hill PLC

     30,044         180,114   

WM Morrison Supermarkets PLC(a)

     200,662         547,485   
     

 

 

 
Total United Kingdom               78,702,410   
TOTAL COMMON STOCKS
(Cost: $294,088,684)
              325,370,661   
RIGHTS – 0.0%      
Australia – 0.0%      

Arrium Ltd., expiring 10/8/14*

     142,967         125   
China – 0.0%      

Yuexiu Property Co., Ltd., expiring 10/14/14*

     271,920         4,202   
     
Spain – 0.0%      

Banco Bilbao Vizcaya Argentaria S.A., expiring 10/29/14*(a)

     247,896       24,740   
TOTAL RIGHTS
(Cost: $25,159)
              29,067   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 9.0%      
United States – 9.0%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(c)

     
(Cost: $29,467,032)(d)      29,467,032         29,467,032   

TOTAL INVESTMENTS IN SECURITIES – 108.6%

(Cost: $323,580,875)

  

  

     354,866,760   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (8.6)%

        (28,122,026
     

 

 

 
NET ASSETS – 100.0%             $ 326,744,734   
* Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

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

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(d) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $28,462,867 and the total market value of the collateral held by the Fund was $30,001,626. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $534,594.

CVA – Certificaten Van Aandelen (Certificate of Stock)

RSP – Risparmio Italian Savings Shares

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      35   


Table of Contents

Schedule of Investments (unaudited)

WisdomTree DEFA Fund (DWM)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 99.5%      
Australia – 11.0%      

Adelaide Brighton Ltd.

     101,601       $ 285,388   

AGL Energy Ltd.

     42,400         502,363   

Amcor Ltd.

     52,702         522,504   

AMP Ltd.

     185,015         883,960   

ASX Ltd.

     21,686         680,491   

Aurizon Holdings Ltd.

     124,669         494,185   

Australia & New Zealand Banking Group Ltd.

     210,898         5,706,171   

Bank of Queensland Ltd.

     42,279         430,636   

Bendigo & Adelaide Bank Ltd.

     46,196         481,852   

BHP Billiton Ltd.

     186,117         5,516,124   

Boral Ltd.

     43,560         189,442   

Brambles Ltd.

     53,737         447,655   

Brickworks Ltd.

     25,000         294,454   

Cabcharge Australia Ltd.(a)

     68,229         325,983   

Caltex Australia Ltd.

     14,134         346,179   

Cardno Ltd.(a)

     40,894         215,779   

Coca-Cola Amatil Ltd.

     21,371         164,192   

Cochlear Ltd.(a)

     5,088         309,476   

Commonwealth Bank of Australia

     115,164         7,587,293   

Computershare Ltd.

     30,936         329,178   

Crown Resorts Ltd.(a)

     29,502         356,257   

CSL Ltd.

     8,458         548,945   

CSR Ltd.

     70,701         206,017   

Echo Entertainment Group Ltd.

     82,848         237,787   

ERM Power Ltd.

     113,306         165,578   

Flight Centre Travel Group Ltd.(a)

     8,455         316,288   

Fortescue Metals Group Ltd.(a)

     147,011         447,674   

GrainCorp Ltd. Class A

     37,031         277,054   

Incitec Pivot Ltd.

     147,354         349,433   

Insurance Australia Group Ltd.

     213,294         1,142,254   

IOOF Holdings Ltd.

     48,030         358,925   

JB Hi-Fi Ltd.(a)

     15,323         206,489   

Lend Lease Group

     45,900         575,963   

Macquarie Group Ltd.

     18,363         925,387   

McMillan Shakespeare Ltd.

     16,054         145,257   

Metcash Ltd.(a)

     197,251         453,950   

Mineral Resources Ltd.

     35,072         267,001   

MMG Ltd.

     532,000         186,352   

Monadelphous Group Ltd.(a)

     21,718         242,495   

National Australia Bank Ltd.

     199,088         5,668,856   

Navitas Ltd.

     46,784         204,692   

Pacific Brands Ltd.

     423,099         179,563   

Perpetual Ltd.

     7,976         308,350   

Platinum Asset Management Ltd.

     75,539         400,568   

Primary Health Care Ltd.

     72,342         276,633   

QBE Insurance Group Ltd.

     22,054         225,019   

Ramsay Health Care Ltd.

     10,705         469,214   

Santos Ltd.

     45,470         543,909   

Sonic Healthcare Ltd.

     23,823         365,644   

Southern Cross Media Group Ltd.

     264,410         230,215   

Suncorp Group Ltd.

     90,501         1,111,868   

Super Retail Group Ltd.

     32,636         237,318   
     

Tabcorp Holdings Ltd.

     116,794       368,944   

Tatts Group Ltd.

     187,100         515,724   

Telstra Corp., Ltd.

     1,075,677         4,988,736   

Toll Holdings Ltd.

     103,959         513,067   

Wesfarmers Ltd.

     78,670         2,902,302   

Westpac Banking Corp.

     248,472         6,988,052   

Woodside Petroleum Ltd.

     58,174         2,066,749   

Woolworths Ltd.(a)

     77,215         2,313,493   
     

 

 

 
Total Australia               64,001,327   
Austria – 0.5%      

Andritz AG

     4,004         213,551   

EVN AG

     16,187         207,038   

Oesterreichische Post AG

     6,822         327,221   

OMV AG

     16,553         557,162   

Raiffeisen Bank International AG

     11,247         244,658   

S IMMO AG*

     13,360         103,963   

UNIQA Insurance Group AG

     13,081         149,713   

Verbund AG(a)

     19,303         388,811   

Vienna Insurance Group AG Wiener Versicherung Gruppe

     5,934         268,024   

Voestalpine AG

     7,550         298,525   
     

 

 

 
Total Austria               2,758,666   
Belgium – 1.5%      

Ageas

     13,873         460,646   

Anheuser-Busch InBev N.V.

     41,831         4,656,526   

Belgacom S.A.(a)

     29,722         1,034,776   

D’ieteren S.A./N.V.

     3,618         140,450   

Delhaize Group S.A.

     4,126         287,086   

Elia System Operator S.A./N.V.

     7,292         350,364   

Melexis N.V.

     2,556         116,546   

N.V. Bekaert S.A.(a)

     6,789         226,455   

Solvay S.A.

     2,853         439,334   

UCB S.A.

     6,702         608,558   

Umicore S.A.(a)

     6,113         267,460   
     

 

 

 
Total Belgium               8,588,201   
China – 3.4%      

BOC Hong Kong Holdings Ltd.

     501,444         1,598,272   

China Merchants Holdings International Co., Ltd.

     95,431         294,954   

China Mobile Ltd.

     924,481         10,685,267   

China Overseas Land & Investment Ltd.

     201,175         517,634   

China Resources Enterprise Ltd.(a)

     59,812         141,575   

China Resources Power Holdings Co., Ltd.

     166,000         447,863   

China Unicom Hong Kong Ltd.

     419,588         626,807   

CNOOC Ltd.

     2,008,700         3,445,659   

Dah Chong Hong Holdings Ltd.

     275,000         159,013   

Fosun International Ltd.(a)

     226,500         271,855   

Lenovo Group Ltd.(a)

     261,003         388,558   

Poly Property Group Co., Ltd.

     621,000         238,320   

Shenzhen Investment Ltd.

     700,000         196,520   

Sino-Ocean Land Holdings Ltd.

     525,000         276,526   

Sun Art Retail Group Ltd.

     305,000         344,863   

Yuexiu Property Co., Ltd.

     1,366,000         242,763   
     

 

 

 
Total China               19,876,449   

 

See Notes to Financial Statements.

 

36   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree DEFA Fund (DWM)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Denmark – 1.0%      

Carlsberg A/S Class B

     3,091       $ 274,863   

Chr Hansen Holding A/S

     8,169         315,797   

Coloplast A/S Class B

     6,059         507,941   

D/S Norden A/S(a)

     7,125         182,940   

H. Lundbeck A/S

     9,487         211,871   

IC Companys A/S

     2,873         78,496   

Novo Nordisk A/S Class B

     60,176         2,879,772   

Novozymes A/S Class B

     6,185         268,384   

Pandora A/S

     3,367         264,037   

TDC A/S

     71,246         541,173   

Tryg A/S

     4,906         509,524   
     

 

 

 
Total Denmark               6,034,798   
Finland – 1.1%      

Elisa Oyj

     13,101         347,877   

Fortum Oyj

     56,265         1,372,492   

Kone Oyj Class B(a)

     16,237         652,672   

Konecranes Oyj

     8,758         235,653   

Lassila & Tikanoja Oyj

     9,247         156,062   

Metso Oyj

     7,613         271,203   

Neste Oil Oyj(a)

     19,715         405,951   

Orion Oyj Class B

     10,687         418,511   

Pohjola Bank Oyj Class A

     14,306         291,502   

Sampo Oyj Class A

     21,906         1,062,634   

Stockmann Oyj Abp Class B

     7,407         80,797   

Stora Enso Oyj Class R

     34,659         289,187   

UPM-Kymmene Oyj

     42,817         611,742   

Wartsila Oyj Abp

     5,554         248,580   
     

 

 

 
Total Finland               6,444,863   
France – 10.2%      

Accor S.A.

     9,324         413,604   

Aeroports de Paris

     3,353         401,415   

Air Liquide S.A.

     8,869         1,081,947   

Airbus Group N.V.

     11,119         699,776   

Arkema S.A.

     2,632         176,617   

AXA S.A.

     111,872         2,757,198   

BioMerieux(a)

     568         58,816   

BNP Paribas S.A.

     37,936         2,516,898   

Bourbon S.A.

     4,618         125,191   

Bouygues S.A.(a)

     17,099         554,372   

Bureau Veritas S.A.

     9,842         217,514   

Cap Gemini S.A.

     5,570         399,873   

Carrefour S.A.

     22,522         695,909   

Casino Guichard Perrachon S.A.

     4,692         505,410   

Christian Dior S.A.

     3,470         581,687   

Cie de Saint-Gobain

     20,176         923,533   

Cie Generale des Etablissements Michelin

     5,556         524,150   

CNP Assurances

     34,859         656,571   

Danone S.A.

     16,685         1,117,098   

Edenred

     10,550         260,349   

Eiffage S.A.

     3,296         183,868   

Electricite de France S.A.(a)

     90,501         2,969,030   

Essilor International S.A.

     2,727         299,498   
     

Euler Hermes Group(a)

     2,521       269,103   

Eutelsat Communications S.A.

     9,480         306,156   

GDF Suez

     185,257         4,647,754   

Imerys S.A.

     3,277         241,674   

Ipsen S.A.

     2,694         132,520   

IPSOS

     4,250         108,477   

Kering

     2,958         596,563   

Klepierre

     11,152         488,423   

Korian-Medica

     1,666         62,864   

L’Oreal S.A.

     11,003         1,747,172   

Lafarge S.A.

     3,890         280,199   

Legrand S.A.

     4,696         244,378   

LVMH Moet Hennessy Louis Vuitton S.A.

     12,259         1,993,072   

Metropole Television S.A.

     14,041         226,860   

Natixis

     125,106         861,003   

Neopost S.A.

     3,231         237,506   

Nexity S.A.

     5,013         185,136   

Orange S.A.

     182,206         2,740,194   

Orpea

     877         54,529   

Pernod Ricard S.A.

     5,033         569,926   

Publicis Groupe S.A.

     5,129         352,275   

Rallye S.A.

     6,699         292,718   

Remy Cointreau S.A.(a)

     2,073         149,267   

Renault S.A.

     9,859         714,259   

Rexel S.A.

     15,631         291,745   

Safran S.A.

     8,479         550,336   

Sanofi

     49,263         5,573,451   

Schneider Electric SE

     19,317         1,483,654   

SCOR SE

     13,727         428,921   

Societe Generale S.A.

     20,848         1,064,511   

Societe Television Francaise 1(a)

     21,845         294,722   

Sodexo

     4,405         431,146   

Suez Environnement Co.

     23,029         389,679   

Technip S.A.

     4,303         362,076   

Thales S.A.

     7,361         392,176   

Total S.A.

     118,374         7,693,624   

Unibail-Rodamco SE

     4,062         1,045,250   

Valeo S.A.

     3,346         372,426   

Vallourec S.A.

     127         5,841   

Vinci S.A.

     24,763         1,439,122   

Vivendi S.A.

     76,213         1,840,798   
     

 

 

 
Total France               59,281,830   
Germany – 7.0%      

adidas AG

     4,618         345,646   

Allianz SE Registered Shares

     19,984         3,240,168   

BASF SE

     30,222         2,772,864   

Bayer AG Registered Shares

     18,394         2,576,897   

Bayerische Motoren Werke AG

     21,735         2,334,372   

Beiersdorf AG

     4,693         392,106   

Bilfinger SE(a)

     4,151         263,289   

Brenntag AG

     4,677         229,889   

Celesio AG

     5,435         180,844   

Continental AG

     4,601         875,610   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      37   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree DEFA Fund (DWM)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

CropEnergies AG

     41,276       $ 233,596   

Daimler AG Registered Shares

     40,742         3,125,611   

Deutsche Bank AG Registered Shares

     4,864         170,662   

Deutsche Boerse AG

     8,517         573,783   

Deutsche Lufthansa AG Registered Shares

     12,417         196,151   

Deutsche Post AG Registered Shares

     38,176         1,224,454   

Deutsche Telekom AG Registered Shares

     194,117         2,942,619   

E.ON SE

     64,176         1,175,114   

Evonik Industries AG(a)

     20,328         704,641   

Fielmann AG

     5,866         360,100   

Fraport AG Frankfurt Airport Services Worldwide(a)

     3,375         221,956   

Freenet AG

     15,531         404,261   

Fresenius Medical Care AG & Co. KGaA

     4,643         324,349   

Fresenius SE & Co. KGaA

     7,449         368,823   

GEA Group AG

     6,409         279,682   

Hannover Rueck SE

     5,544         448,361   

Henkel AG & Co. KGaA

     5,072         474,069   

Hugo Boss AG

     3,764         470,542   

Infineon Technologies AG

     20,452         211,674   

Linde AG

     3,590         690,010   

MAN SE

     3,355         377,624   

Merck KGaA

     7,944         732,875   

MTU Aero Engines AG

     2,231         190,518   

Muenchener Rueckversicherungs AG Registered Shares

     7,839         1,550,255   

ProSiebenSat.1 Media AG Registered Shares

     11,365         452,958   

RWE AG

     5,089         198,357   

SAP SE

     23,677         1,707,859   

Siemens AG Registered Shares

     30,952         3,689,878   

Software AG(a)

     4,139         102,585   

Symrise AG

     5,773         307,535   

Talanx AG*

     12,439         413,974   

Telefonica Deutschland Holding AG

     183,679         960,614   

United Internet AG Registered Shares

     4,330         184,307   

Volkswagen AG

     6,659         1,382,089   

VTG AG

     9,577         179,657   

Wacker Chemie AG(a)

     1,478         178,885   

Wincor Nixdorf AG

     3,554         182,098   

Wirecard AG

     1,418         52,404   
     

 

 

 
Total Germany               40,656,615   
Hong Kong – 2.5%      

AIA Group Ltd.

     137,365         710,256   

Bank of East Asia Ltd.

     105,858         428,743   

Cathay Pacific Airways Ltd.

     86,000         158,375   

Cheung Kong Holdings Ltd.

     62,000         1,021,210   

China Power International Development Ltd.(a)

     630,000         292,076   

CLP Holdings Ltd.

     105,000         843,099   

Dah Sing Banking Group Ltd.

     94,800         169,209   

Dah Sing Financial Holdings Ltd.

     34,800         211,531   

Hang Lung Properties Ltd.

     166,000         472,447   

Hang Seng Bank Ltd.

     82,200         1,320,053   

Henderson Land Development Co., Ltd.

     64,450         417,488   

Hong Kong & China Gas Co., Ltd.

     217,168         470,968   

Hong Kong Exchanges and Clearing Ltd.

     29,000         624,062   
     

Hutchison Whampoa Ltd.

     116,000       1,404,232   

Hysan Development Co., Ltd.

     72,000         332,874   

MTR Corp., Ltd.

     200,500         784,948   

PCCW Ltd.

     471,088         296,057   

Power Assets Holdings Ltd.

     88,000         777,994   

Sino Land Co., Ltd.

     258,400         399,325   

SJM Holdings Ltd.

     314,760         599,921   

Sun Hung Kai Properties Ltd.

     73,000         1,035,054   

Swire Properties Ltd.

     148,800         463,737   

Television Broadcasts Ltd.

     48,400         288,900   

Wharf Holdings Ltd. (The)

     99,000         703,764   
     

 

 

 
Total Hong Kong               14,226,323   
Ireland – 0.3%      

C&C Group PLC

     39,923         212,171   

DCC PLC

     7,498         415,957   

Dragon Oil PLC

     37,903         378,260   

Kerry Group PLC Class A

     4,334         305,610   

Paddy Power PLC

     4,196         303,035   
     

 

 

 
Total Ireland               1,615,033   
Israel – 0.6%      

Bezeq Israeli Telecommunication Corp., Ltd.

     485,415         838,031   

Delek Automotive Systems Ltd.

     42,556         462,000   

Gazit-Globe Ltd.

     42,099         525,024   

Israel Chemicals Ltd.

     29,767         214,093   

Teva Pharmaceutical Industries Ltd.

     29,694         1,601,356   
     

 

 

 
Total Israel               3,640,504   
Italy – 2.9%      

Ansaldo STS SpA

     6,945         78,477   

Assicurazioni Generali SpA

     38,909         818,869   

Atlantia SpA

     39,393         972,871   

Banca Generali SpA

     16,379         433,058   

Davide Campari-Milano SpA

     13,151         94,943   

Enel Green Power SpA

     85,491         218,801   

Enel SpA

     343,195         1,821,739   

Eni SpA

     223,120         5,318,629   

ERG SpA

     17,861         220,101   

Hera SpA

     113,280         299,940   

Intesa Sanpaolo SpA

     393,894         1,197,193   

Iren SpA

     113,628         142,966   

Luxottica Group SpA

     5,897         307,064   

MARR SpA(a)

     15,970         248,141   

Mediolanum SpA(a)

     48,588         344,949   

Parmalat SpA

     94,382         298,070   

Pirelli & C. SpA

     22,331         309,178   

Recordati SpA

     3,675         60,259   

Reply SpA

     783         61,227   

Snam SpA

     220,769         1,221,522   

Societa Iniziative Autostradali e Servizi SpA

     24,894         267,617   

Telecom Italia SpA RSP

     269,979         239,929   

Terna Rete Elettrica Nazionale SpA

     127,995         643,848   

Tod’s SpA(a)

     1,322         131,013   

UniCredit SpA

     109,000         861,966   
     

 

 

 
Total Italy               16,612,370   

 

See Notes to Financial Statements.

 

38   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree DEFA Fund (DWM)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Japan - 13.8%      

Aeon Co., Ltd.(a)

     24,300       $ 241,903   

Aichi Steel Corp.

     62,000         227,777   

Aisin Seiki Co., Ltd.

     9,500         342,518   

Ajinomoto Co., Inc.

     18,000         299,467   

Amada Co., Ltd.(a)

     14,700         140,038   

Aozora Bank Ltd.(a)

     134,000         453,202   

Asahi Group Holdings Ltd.

     12,700         367,356   

Asahi Holdings, Inc.

     10,400         186,014   

Asahi Kasei Corp.(a)

     38,000         308,448   

ASKUL Corp.(a)

     2,300         48,225   

Astellas Pharma, Inc.

     62,300         927,443   

Axell Corp.

     10,600         163,597   

Azbil Corp.

     7,500         183,851   

Belluna Co., Ltd.

     32,200         141,487   

Bridgestone Corp.

     15,200         501,886   

Brother Industries Ltd.(a)

     14,800         273,752   

Canon, Inc.

     54,900         1,786,959   

Central Japan Railway Co.

     2,700         364,652   

Chugai Pharmaceutical Co., Ltd.(a)

     9,000         260,495   

Chugoku Electric Power Co., Inc. (The)(a)

     13,000         166,626   

Dai Nippon Printing Co., Ltd.(a)

     31,000         310,721   

Dai-ichi Life Insurance Co., Ltd. (The)

     24,333         361,130   

Daido Steel Co., Ltd.(a)

     35,000         139,432   

Daihatsu Motor Co., Ltd.(a)

     18,900         299,967   

Daiichi Sankyo Co., Ltd.(a)

     28,000         439,291   

Daikin Industries Ltd.

     4,900         303,662   

Daikyo, Inc.

     81,000         151,374   

Daito Trust Construction Co., Ltd.

     3,800         448,781   

Daiwa House Industry Co., Ltd.(a)

     15,300         274,422   

Daiwa Securities Group, Inc.(a)

     80,000         633,684   

Dena Co., Ltd.(a)

     9,500         120,812   

Denki Kagaku Kogyo K.K.

     53,000         173,454   

Denso Corp.

     18,600         857,131   

Earth Chemical Co., Ltd.

     3,700         134,582   

East Japan Railway Co.

     6,000         449,610   

Eisai Co., Ltd.(a)

     11,600         468,991   

Electric Power Development Co., Ltd.(a)

     5,700         186,285   

FANUC Corp.

     3,300         595,952   

Fast Retailing Co., Ltd.

     1,200         401,531   

Fuji Heavy Industries Ltd.

     12,400         409,886   

FUJIFILM Holdings Corp.

     13,400         411,669   

Gurunavi, Inc.(a)

     3,700         51,067   

Hitachi Construction Machinery Co., Ltd.(a)

     13,200         265,697   

Hitachi Ltd.

     82,000         626,054   

Honda Motor Co., Ltd.(a)

     45,800         1,586,581   

Hoya Corp.

     17,200         577,645   

Iida Group Holdings Co., Ltd.(a)

     10,400         127,233   

Internet Initiative Japan, Inc.(a)

     3,300         66,244   

Isuzu Motors Ltd.

     20,000         282,602   

ITOCHU Corp.(a)

     70,100         856,320   

Japan Airlines Co., Ltd.

     11,200         306,304   

Japan Exchange Group, Inc.(a)

     6,600         156,614   

Japan Tobacco, Inc.(a)

     53,544         1,741,113   
     

JFE Holdings, Inc.

     21,200       422,956   

JGC Corp.

     6,000         163,763   

Kajima Corp.(a)

     49,000         234,514   

Kao Corp.

     7,200         280,695   

Kawasaki Heavy Industries Ltd.(a)

     50,000         199,644   

KDDI Corp.

     19,002         1,142,077   

Kikkoman Corp.(a)

     12,000         254,998   

Kirin Holdings Co., Ltd.

     27,500         365,137   

Kobe Steel Ltd.(a)

     199,000         322,913   

Kokuyo Co., Ltd.

     25,000         201,468   

Komatsu Ltd.(a)

     28,800         665,948   

Kubota Corp.(a)

     29,000         458,020   

Kyocera Corp.(a)

     7,900         368,083   

Kyoei Steel Ltd.

     9,000         167,127   

KYORIN Holdings, Inc.

     6,100         123,785   

LIXIL Group Corp.(a)

     9,100         194,369   

Makita Corp.

     6,000         339,122   

Marubeni Corp.(a)

     81,200         555,768   

Marui Group Co., Ltd.(a)

     20,700         170,401   

Matsui Securities Co., Ltd.(a)

     25,500         237,577   

Medipal Holdings Corp.(a)

     18,500         224,810   

Misawa Homes Co., Ltd.

     15,800         160,312   

Mitsubishi Chemical Holdings Corp.(a)

     76,000         373,851   

Mitsubishi Corp.(a)

     60,900         1,246,925   

Mitsubishi Electric Corp.

     34,000         452,682   

Mitsubishi Estate Co., Ltd.(a)

     14,000         315,046   

Mitsubishi Gas Chemical Co., Inc.(a)

     31,000         197,539   

Mitsubishi Heavy Industries Ltd.

     62,000         398,808   

Mitsubishi Materials Corp.(a)

     87,000         281,553   

Mitsubishi Motors Corp.(a)

     23,400         283,927   

Mitsubishi Tanabe Pharma Corp.

     16,700         244,955   

Mitsubishi UFJ Financial Group, Inc.

     396,100         2,239,493   

Mitsui & Co., Ltd.(a)

     78,200         1,232,936   

Mitsui Fudosan Co., Ltd.

     9,000         275,632   

Mitsui Mining & Smelting Co., Ltd.

     82,000         218,278   

Mitsui OSK Lines Ltd.(a)

     55,000         175,487   

Mizuho Financial Group, Inc.(a)

     755,600         1,349,396   

Monex Group, Inc.(a)

     44,800         116,804   

MS&AD Insurance Group Holdings, Inc.

     18,930         412,872   

Murata Manufacturing Co., Ltd.(a)

     3,600         409,244   

Nagatanien Co., Ltd.

     17,000         166,753   

Nexon Co., Ltd.

     15,900         131,177   

Nidec Corp.(a)

     4,000         270,568   

Nihon Yamamura Glass Co., Ltd.

     165,000         263,230   

Nikon Corp.(a)

     13,500         195,064   

Nippon Electric Glass Co., Ltd.(a)

     36,000         175,250   

Nippon Express Co., Ltd.

     39,000         163,189   

Nippon Steel & Sumitomo Metal Corp.(a)

     215,000         557,810   

Nippon Telegraph & Telephone Corp.

     36,800         2,288,279   

Nishi-Nippon City Bank Ltd. (The)

     117,000         312,512   

Nissan Chemical Industries Ltd.(a)

     16,800         297,421   

Nissan Motor Co., Ltd.(a)

     149,300         1,454,959   

Nissin Foods Holdings Co., Ltd.(a)

     4,900         254,615   

Nittetsu Mining Co., Ltd.

     66,000         269,547   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      39   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree DEFA Fund (DWM)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Nomura Holdings, Inc.

     108,600       $ 647,274   

Nomura Real Estate Holdings, Inc.

     8,900         152,857   

NSK Ltd.(a)

     14,000         199,225   

NTT DOCOMO, Inc.(a)

     155,855         2,600,780   

NTT Urban Development Corp.(a)

     14,700         154,645   

Oji Holdings Corp.(a)

     44,000         166,462   

Oracle Corp.(a)

     2,800         109,248   

Oriental Land Co., Ltd.

     1,900         359,146   

Osaka Gas Co., Ltd.

     63,000         253,103   

Panasonic Corp.(a)

     27,800         330,599   

Park24 Co., Ltd.

     9,700         154,747   

Rengo Co., Ltd.(a)

     36,000         161,794   

Resona Holdings, Inc.

     94,000         529,920   

Ricoh Co., Ltd.(a)

     25,100         269,546   

Rock Field Co., Ltd.(a)

     13,200         233,568   

Saibu Gas Co., Ltd.(a)

     73,000         173,691   

Sanrio Co., Ltd.(a)

     5,300         153,644   

Sanyo Special Steel Co., Ltd.

     38,000         140,298   

Sawai Pharmaceutical Co., Ltd.

     1,300         74,780   

Secom Co., Ltd.(a)

     5,200         309,691   

Sega Sammy Holdings, Inc.(a)

     9,000         144,811   

Seino Holdings Co., Ltd.

     7,000         56,092   

Sekisui Chemical Co., Ltd.

     16,000         183,491   

Sekisui House Ltd.

     25,100         295,631   

Seven & I Holdings Co., Ltd.

     14,400         558,436   

Shin-Etsu Chemical Co., Ltd.

     6,600         431,276   

Shionogi & Co., Ltd.

     9,900         227,070   

Ship Healthcare Holdings, Inc.

     2,400         76,795   

Showa Denko K.K.

     133,000         174,593   

Showa Shell Sekiyu K.K.

     28,400         270,809   

SMC Corp.

     1,000         275,765   

SoftBank Corp.(a)

     7,800         546,736   

Sojitz Corp.

     133,000         208,542   

Sompo Japan Nipponkoa Holdings, Inc.

     15,900         385,705   

St. Marc Holdings Co., Ltd.

     2,800         141,410   

Stanley Electric Co., Ltd.

     3,400         73,520   

Sumitomo Chemical Co., Ltd.(a)

     60,000         213,866   

Sumitomo Corp.(a)

     54,200         598,105   

Sumitomo Dainippon Pharma Co., Ltd.(a)

     10,200         129,900   

Sumitomo Electric Industries Ltd.

     24,900         367,842   

Sumitomo Forestry Co., Ltd.

     12,600         135,539   

Sumitomo Heavy Industries Ltd.

     22,000         123,743   

Sumitomo Metal Mining Co., Ltd.(a)

     24,000         337,809   

Sumitomo Mitsui Financial Group, Inc.(a)

     42,500         1,732,235   

Sumitomo Mitsui Trust Holdings, Inc.

     105,070         437,253   

Sumitomo Osaka Cement Co., Ltd.

     21,000         68,918   

Sumitomo Realty & Development Co., Ltd.(a)

     5,000         177,880   

Sumitomo Rubber Industries Ltd.

     13,600         193,285   

Suruga Bank Ltd.

     3,000         59,784   

Suzuken Co., Ltd.

     3,700         106,586   

Suzuki Motor Corp.

     4,700         155,767   

Sysmex Corp.

     1,600         64,324   

Systena Corp.

     32,400         246,925   

T&D Holdings, Inc.

     23,900         306,879   
     

Taiheiyo Cement Corp.(a)

     20,000       75,482   

Taisei Corp.(a)

     54,000         304,718   

Taiyo Holdings Co., Ltd.

     4,800         152,933   

Taiyo Nippon Sanso Corp.(a)

     10,000         88,153   

Takashimaya Co., Ltd.

     7,000         58,517   

Takeda Pharmaceutical Co., Ltd.(a)

     30,400         1,321,366   

Takuma Co., Ltd.

     16,000         101,518   

Teijin Ltd.(a)

     57,000         137,700   

Terumo Corp.(a)

     9,000         215,698   

Toagosei Co., Ltd.

     47,000         193,664   

Tobu Railway Co., Ltd.(a)

     34,000         171,093   

Toda Corp.

     29,000         145,667   

Toho Co., Ltd.

     4,000         90,433   

Toho Zinc Co., Ltd.

     68,000         258,499   

Tokai Rika Co., Ltd.

     9,100         192,295   

Tokio Marine Holdings, Inc.

     14,700         455,962   

Tokyo Electron Ltd.

     3,000         195,761   

Tokyo Gas Co., Ltd.

     49,000         275,386   

Tokyo Tatemono Co., Ltd.

     7,000         56,602   

Tokyu Corp.

     20,000         131,091   

Tomen Electronics Corp.

     6,300         94,303   

TonenGeneral Sekiyu K.K.

     26,000         227,303   

Toshiba Corp.

     88,000         407,690   

TOTO Ltd.(a)

     8,000         87,953   

Toyo Seikan Group Holdings Ltd.

     13,200         163,533   

Toyo Suisan Kaisha Ltd.(a)

     3,000         99,549   

Toyobo Co., Ltd.

     73,000         105,812   

Toyoda Gosei Co., Ltd.

     12,800         249,711   

Toyota Motor Corp.

     102,800         6,056,761   

Toyota Tsusho Corp.(a)

     15,100         367,813   

TS Tech Co., Ltd.

     5,000         121,519   

Tsukishima Kikai Co., Ltd.(a)

     11,900         132,783   

UACJ Corp.

     47,000         178,668   

Ube Industries Ltd.

     136,000         216,965   

Unicharm Corp.

     3,600         82,062   

Union Tool Co.

     5,500         151,169   

Unipres Corp.(a)

     4,000         78,363   

United Arrows Ltd.(a)

     1,500         55,449   

Ushio, Inc.

     8,100         85,508   

USS Co., Ltd.

     25,560         391,456   

Wacoal Holdings Corp.

     16,000         155,777   

WATAMI Co., Ltd.(a)

     13,100         155,965   

West Japan Railway Co.(a)

     8,820         394,747   

Xebio Co., Ltd.

     6,600         100,057   

Yahoo Japan Corp.(a)

     63,410         241,050   

Yakult Honsha Co., Ltd.(a)

     4,000         210,037   

Yamada Denki Co., Ltd.(a)

     19,500         56,885   

Yamagata Bank Ltd. (The)(a)

     37,000         173,372   

Yamaha Corp.(a)

     6,900         90,138   

Yamanashi Chuo Bank Ltd. (The)

     44,000         192,935   

Yamato Kogyo Co., Ltd.

     8,000         266,922   

Yamazen Corp.

     26,800         209,866   

Yokogawa Electric Corp.(a)

     8,200         107,793   

Yokohama Reito Co., Ltd.

     23,100         171,415   

 

See Notes to Financial Statements.

 

40   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree DEFA Fund (DWM)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Yokohama Rubber Co., Ltd. (The)(a)

     20,000       $ 173,025   

Yuasa Trading Co., Ltd.

     10,200         197,779   

Yusen Logistics Co., Ltd.

     12,500         131,729   

Zeon Corp.(a)

     12,000         122,303   
     

 

 

 
Total Japan               79,691,869   
Netherlands – 1.6%      

Aegon N.V.

     70,907         585,093   

Akzo Nobel N.V.

     6,604         452,581   

ASM International N.V.

     1,472         53,507   

ASML Holding N.V.(a)

     3,965         394,792   

Delta Lloyd N.V.

     19,875         479,420   

Fugro N.V. CVA(a)

     5,590         169,230   

Heineken N.V.

     10,801         808,292   

Koninklijke Ahold N.V.

     33,071         535,580   

Koninklijke Boskalis Westminster N.V.

     5,882         331,249   

Koninklijke DSM N.V.

     5,341         329,626   

Koninklijke Philips N.V.

     33,607         1,072,601   

Koninklijke Ten Cate N.V.

     6,656         164,002   

Koninklijke Wessanen N.V.

     10,423         63,227   

Randstad Holding N.V.

     6,549         304,944   

Reed Elsevier N.V.

     35,981         816,790   

Unilever N.V. CVA

     54,893         2,186,403   

Wolters Kluwer N.V.

     16,189         431,920   
     

 

 

 
Total Netherlands               9,179,257   
New Zealand – 0.5%      

Auckland International Airport Ltd.

     106,698         320,188   

Contact Energy Ltd.

     58,611         273,192   

Fisher & Paykel Healthcare Corp., Ltd.

     68,156         275,715   

Fletcher Building Ltd.

     33,455         228,952   

Mighty River Power Ltd.

     178,117         356,107   

Sky Network Television Ltd.

     59,875         294,018   

Spark New Zealand Ltd.

     186,907         432,684   

Trade Me Group Ltd.

     60,700         165,594   

TrustPower Ltd.(a)

     36,724         209,245   

Vector Ltd.(a)

     151,971         317,456   
     

 

 

 
Total New Zealand               2,873,151   
Norway – 1.8%      

Akastor ASA

     19,286         77,621   

Aker ASA Class A

     9,490         311,765   

Aker Solutions ASA*(b)

     19,286         192,177   

Atea ASA

     23,098         259,831   

Cermaq ASA

     7,783         117,240   

DNB ASA

     37,288         698,415   

Gjensidige Forsikring ASA

     40,072         847,890   

Marine Harvest ASA(a)

     44,909         628,597   

Norsk Hydro ASA

     75,162         420,587   

Orkla ASA

     51,153         462,729   

SpareBank 1 SMN

     29,407         271,280   

Statoil ASA

     130,318         3,554,819   

Telenor ASA

     73,794         1,620,015   

Tomra Systems ASA

     16,031         122,303   

Yara International ASA

     13,202         663,106   
     

 

 

 
Total Norway               10,248,375   
     
Portugal – 0.4%      

EDP-Energias de Portugal S.A.

     245,857       1,073,050   

Galp Energia, SGPS, S.A.

     23,383         380,161   

Jeronimo Martins, SGPS, S.A.

     20,420         224,886   

Mota-Engil, SGPS, S.A.

     14,639         94,572   

Sonae, SGPS, S.A.

     213,319         309,357   
     

 

 

 
Total Portugal               2,082,026   
Singapore – 2.3%      

Asian Pay Television Trust

     636,000         411,433   

CapitaLand Ltd.

     122,000         306,124   

CitySpring Infrastructure Trust(a)

     680,960         264,311   

ComfortDelGro Corp., Ltd.

     246,000         462,950   

Cosco Corp. Singapore Ltd.(a)

     454,000         240,296   

DBS Group Holdings Ltd.

     76,000         1,097,718   

GMG Global Ltd.

     4,257,000         220,311   

Hutchison Port Holdings Trust

     810,036         567,025   

Jardine Cycle & Carriage Ltd.

     13,000         437,411   

Keppel Corp., Ltd.

     97,100         799,459   

Keppel Land Ltd.

     130,000         356,779   

Oversea-Chinese Banking Corp., Ltd.(a)

     145,729         1,112,993   

SATS Ltd.(a)

     75,000         179,958   

Sembcorp Industries Ltd.

     83,000         337,129   

Sembcorp Marine Ltd.(a)

     139,000         407,637   

Singapore Airlines Ltd.(a)

     11,000         84,874   

Singapore Airlines Ltd.

     19,000         146,899   

Singapore Post Ltd.(a)

     415,000         584,117   

Singapore Press Holdings Ltd.(a)

     116,000         382,028   

Singapore Technologies Engineering Ltd.

     124,000         354,897   

Singapore Telecommunications Ltd.

     666,000         1,984,474   

SMRT Corp., Ltd.

     117,000         142,202   

StarHub Ltd.(a)

     85,000         274,602   

Super Group Ltd.(a)

     130,000         129,969   

Tat Hong Holdings Ltd.

     410,000         253,979   

United Overseas Bank Ltd.

     48,000         843,096   

Wilmar International Ltd.(a)

     188,000         455,516   

Wing Tai Holdings Ltd.(a)

     172,000         238,046   

Yanlord Land Group Ltd.(a)

     250,000         210,735   
     

 

 

 
Total Singapore               13,286,968   
Spain – 5.4%      

Abertis Infraestructuras S.A.

     38,241         755,536   

ACS Actividades de Construccion y Servicios S.A.

     19,275         740,701   

Amadeus IT Holding S.A. Class A

     12,497         467,606   

Banco Bilbao Vizcaya Argentaria S.A.

     216,488         2,611,993   

Banco Santander S.A.

     977,269         9,396,046   

Bolsas y Mercados Espanoles S.A.

     9,447         360,285   

CaixaBank S.A.

     245,812         1,497,026   

CaixaBank S.A.(a)

     2,689         16,376   

Cie Automotive S.A.

     4,619         64,243   

Enagas S.A.

     13,689         441,481   

Endesa S.A.

     49,385         1,951,733   

Ferrovial S.A.

     38,651         749,721   

Gas Natural SDG S.A.

     49,601         1,460,569   

Iberdrola S.A.

     224,634         1,608,970   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      41   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree DEFA Fund (DWM)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Inditex S.A.

     60,479       $ 1,671,252   

Mapfre S.A.

     144,660         512,408   

Obrascon Huarte Lain S.A.(a)

     10,933         365,787   

Red Electrica Corp. S.A.

     5,255         455,127   

Repsol S.A.

     70,486         1,673,979   

Tecnicas Reunidas S.A.(a)

     3,553         188,465   

Telefonica S.A.

     283,988         4,396,454   
     

 

 

 
Total Spain               31,385,758   
Sweden – 3.6%      

AAK AB

     945         49,424   

Alfa Laval AB(a)

     15,633         334,850   

Assa Abloy AB Class B

     4,508         233,017   

Atlas Copco AB Class A

     17,173         493,148   

Atlas Copco AB Class B

     18,586         483,189   

Axfood AB(a)

     5,821         301,532   

Axis Communications AB(a)

     5,576         151,924   

BillerudKorsnas AB

     23,668         335,891   

Boliden AB

     23,633         383,917   

Electrolux AB Series B

     15,001         397,271   

Elekta AB Class B(a)

     12,898         127,309   

Fabege AB

     23,637         301,185   

Gunnebo AB

     28,044         143,558   

Hennes & Mauritz AB Class B

     60,927         2,531,441   

Hexagon AB Class B

     11,104         352,757   

Husqvarna AB Class B

     30,514         216,312   

ICA Gruppen AB(a)

     4,800         157,083   

Indutrade AB

     1,932         73,572   

Investment AB Latour Class B

     14,525         383,859   

Mekonomen AB

     7,176         155,797   

NCC AB Class B

     10,257         340,932   

Nordea Bank AB

     156,428         2,037,704   

Peab AB

     68,582         472,950   

Securitas AB Class B

     28,113         312,588   

Skandinaviska Enskilda Banken AB Class A

     87,988         1,176,689   

Skanska AB Class B

     27,954         578,982   

SKF AB Class B

     17,177         359,105   

Svenska Cellulosa AB SCA Class B

     15,264         364,427   

Svenska Handelsbanken AB Class A

     19,212         904,844   

Swedbank AB Class A

     65,275         1,645,368   

Swedish Match AB

     8,624         279,953   

Telefonaktiebolaget LM Ericsson Class B

     125,086         1,589,517   

TeliaSonera AB

     276,587         1,915,435   

Trelleborg AB Class B(a)

     21,219         368,250   

Volvo AB Class A(a)

     38,038         421,624   

Volvo AB Class B

     29,838         324,731   
     

 

 

 
Total Sweden               20,700,135   
Switzerland – 7.8%      

ABB Ltd. Registered Shares*

     89,310         2,007,722   

Actelion Ltd. Registered Shares*

     3,575         420,170   

Adecco S.A. Registered Shares*

     7,398         502,104   

Baloise Holding AG Registered Shares

     3,688         472,820   

BKW AG(a)

     8,990         296,844   
     

Cie Financiere Richemont S.A. Registered Shares

     6,700       549,393   

Clariant AG Registered Shares*

     25,099         429,743   

EFG International AG*

     16,331         164,250   

EMS-Chemie Holding AG Registered Shares

     683         283,958   

Geberit AG Registered Shares

     1,683         543,915   

Givaudan S.A. Registered Shares*

     342         546,914   

Holcim Ltd. Registered Shares*

     6,372         464,479   

Implenia AG Registered Shares*

     2,279         124,504   

Julius Baer Group Ltd.*

     8,577         384,641   

Kuehne + Nagel International AG Registered Shares

     6,207         783,427   

Logitech International S.A. Registered Shares(a)

     20,728         266,828   

Nestle S.A. Registered Shares

     104,499         7,682,946   

Nobel Biocare Holding AG Registered Shares*(a)

     11,718         207,870   

Novartis AG Registered Shares

     89,514         8,445,512   

Panalpina Welttransport Holding AG Registered Shares(a)

     601         75,542   

Partners Group Holding AG

     1,058         278,479   

Roche Holding AG Bearer Shares

     5,875         1,703,166   

Roche Holding AG Genusschein

     20,809         6,165,388   

Schindler Holding AG Participating Shares

     2,906         394,158   

STMicroelectronics N.V.(a)

     47,209         365,871   

Straumann Holding AG Registered Shares(a)

     708         160,495   

Sulzer AG Registered Shares

     2,094         257,504   

Swatch Group AG (The) Registered Shares

     4,800         419,969   

Swiss Life Holding AG Registered Shares*

     2,470         589,905   

Swiss Re AG*

     38,389         3,059,469   

Swisscom AG Registered Shares

     2,442         1,386,483   

Syngenta AG Registered Shares

     3,139         999,684   

Tecan Group AG Registered Shares

     813         85,512   

Temenos Group AG*

     2,375         90,352   

Transocean Ltd.(a)

     5,725         185,081   

UBS AG Registered Shares*

     61,794         1,077,434   

Vontobel Holding AG Registered Shares

     9,729         352,810   

Zurich Insurance Group AG*

     9,777         2,914,170   
     

 

 

 
Total Switzerland               45,139,512   
United Kingdom – 20.3%      

Aberdeen Asset Management PLC

     63,013         409,125   

Admiral Group PLC

     7,122         148,133   

Aggreko PLC

     7,669         192,457   

AMEC PLC

     21,985         393,476   

Amlin PLC

     70,425         495,496   

Anglo American PLC

     23,020         516,493   

Antofagasta PLC

     17,556         205,203   

ARM Holdings PLC

     18,108         265,963   

Ashmore Group PLC(a)

     58,417         291,684   

Associated British Foods PLC

     13,388         581,449   

AstraZeneca PLC

     57,895         4,168,636   

Aviva PLC

     121,912         1,034,633   

Babcock International Group PLC

     22,456         397,538   

BAE Systems PLC

     187,699         1,434,719   

Balfour Beatty PLC

     80,045         244,737   

Barclays PLC

     488,114         1,799,826   

 

See Notes to Financial Statements.

 

42   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree DEFA Fund (DWM)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Berendsen PLC

     30,147       $ 478,954   

Berkeley Group Holdings PLC

     11,632         424,287   

BG Group PLC

     59,406         1,097,889   

BHP Billiton PLC

     104,415         2,903,022   

BP PLC

     1,044,730         7,679,920   

British American Tobacco PLC

     89,014         5,024,702   

British Land Co. PLC (The)

     29,468         335,599   

British Sky Broadcasting Group PLC

     70,449         1,007,318   

Britvic PLC

     7,149         77,419   

BT Group PLC

     261,716         1,610,570   

Burberry Group PLC

     15,250         373,558   

Capita PLC

     24,076         454,319   

Carillion PLC

     40,024         197,639   

Carnival PLC

     7,431         296,832   

Centrica PLC

     311,203         1,552,872   

Close Brothers Group PLC

     23,165         537,397   

Compass Group PLC

     38,745         625,916   

Croda International PLC

     6,203         206,450   

Daily Mail & General Trust PLC Class A Non-Voting Shares(a)

     26,991         335,174   

Darty PLC

     115,389         138,894   

Debenhams PLC

     165,375         156,301   

Devro PLC

     43,930         169,319   

Diageo PLC

     72,185         2,088,856   

Direct Line Insurance Group PLC

     112,203         535,144   

Drax Group PLC(a)

     24,388         255,604   

easyJet PLC(a)

     12,425         286,632   

Electrocomponents PLC

     59,727         215,923   

Fidessa Group PLC

     8,145         302,510   

G4S PLC

     75,978         308,792   

GKN PLC

     65,686         339,906   

GlaxoSmithKline PLC

     276,519         6,334,180   

Halfords Group PLC

     30,349         233,455   

Hammerson PLC

     38,088         354,733   

Hays PLC

     150,559         283,864   

HSBC Holdings PLC

     979,998         9,947,000   

ICAP PLC(a)

     54,537         342,422   

IG Group Holdings PLC

     30,672         295,609   

IMI PLC

     10,124         201,874   

Imperial Tobacco Group PLC

     50,338         2,173,969   

Inchcape PLC

     34,471         359,884   

Inmarsat PLC

     19,255         218,819   

InterContinental Hotels Group PLC

     5,220         201,321   

Intertek Group PLC

     4,914         208,798   

Intu Properties PLC

     60,040         314,096   

Investec PLC

     37,138         313,073   

ITV PLC

     164,229         553,246   

J D Wetherspoon PLC

     4,584         59,302   

J Sainsbury PLC(a)

     130,867         533,570   

John Wood Group PLC

     27,140         334,165   

Johnson Matthey PLC

     7,191         340,288   

Kingfisher PLC

     81,747         429,246   

Legal & General Group PLC

     272,315         1,010,510   

London Stock Exchange Group PLC

     19,618         594,094   
     

Marks & Spencer Group PLC

     74,286       487,255   

Marston’s PLC

     100,619         240,274   

Meggitt PLC

     37,187         272,009   

Melrose Industries PLC

     68,161         273,707   

Mondi PLC

     20,541         336,663   

N Brown Group PLC

     34,252         211,949   

National Grid PLC

     206,814         2,977,256   

Next PLC

     2,244         240,281   

Numis Corp. PLC

     13,361         57,562   

Old Mutual PLC

     253,677         747,239   

Pan African Resources PLC

     827,720         157,668   

PayPoint PLC

     4,234         67,507   

Pearson PLC

     45,438         913,407   

Persimmon PLC*

     19,808         428,371   

Prudential PLC

     69,801         1,557,053   

QinetiQ Group PLC

     37,279         135,676   

Reckitt Benckiser Group PLC

     25,389         2,202,027   

Reed Elsevier PLC

     33,808         541,501   

Restaurant Group PLC (The)

     8,631         91,299   

Rexam PLC

     37,383         298,048   

Rio Tinto PLC

     71,014         3,489,995   

Royal Dutch Shell PLC Class A

     181,248         6,929,986   

Royal Dutch Shell PLC Class B

     123,873         4,893,904   

SABMiller PLC

     8,819         490,098   

Sage Group PLC (The)

     61,078         361,807   

Savills PLC

     8,389         83,163   

Schroders PLC Non-Voting Shares

     10,136         311,386   

Segro PLC

     61,151         359,959   

Severn Trent PLC

     14,621         444,902   

Smith & Nephew PLC

     19,745         332,900   

Smiths Group PLC

     17,671         362,102   

SSE PLC

     56,929         1,427,733   

Standard Chartered PLC

     108,527         2,006,579   

Standard Life PLC

     109,897         738,293   

TalkTalk Telecom Group PLC(a)

     60,538         293,442   

Tate & Lyle PLC

     27,669         265,321   

Tesco PLC

     493,279         1,489,003   

TUI Travel PLC(a)

     43,061         271,624   

Ultra Electronics Holdings PLC

     6,683         191,873   

Unilever PLC

     48,311         2,024,556   

United Utilities Group PLC

     43,599         571,099   

Victrex PLC

     5,566         144,915   

Vodafone Group PLC

     2,307,398         7,645,865   

Weir Group PLC (The)

     9,041         366,714   

WH Smith PLC

     20,004         351,211   

Whitbread PLC

     7,871         530,053   

William Hill PLC

     47,035         281,975   

WM Morrison Supermarkets PLC

     82,427         224,893   

WS Atkins PLC

     4,739         101,180   
     

 

 

 
Total United Kingdom         117,458,087   
TOTAL COMMON STOCKS
(Cost: $496,568,514)
              575,782,117   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      43   


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree DEFA Fund (DWM)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
EXCHANGE-TRADED FUNDS – 0.0%      
United States – 0.0%      

WisdomTree International Dividend ex-Financials Fund(c)

     
(Cost: $94,453)      2,150       $ 100,620   
RIGHTS – 0.0%      
China – 0.0%      
Yuexiu Property Co., Ltd., expiring 10/14/14*      448,800         6,935   
Portugal – 0.0%      
Mota-Engil, SGPS, S.A., expiring 12/31/14*      2,392         1,209   
Spain – 0.0%      

Banco Bilbao Vizcaya Argentaria S.A., expiring 10/29/14*(a)

     216,488         21,605   
TOTAL RIGHTS
(Cost: $23,269)
              29,749   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 9.1%      
United States – 9.1%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(d)

     
(Cost: $52,509,678)(e)      52,509,678         52,509,678   
TOTAL INVESTMENTS IN SECURITIES – 108.6%
(Cost: $549,195,914)
        628,422,164   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (8.6)%

        (49,583,714
     

 

 

 
NET ASSETS – 100.0%             $ 578,838,450   
* 

Non-income producing security.

 

 

Security is being fair valued by a valuation committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $1,209, which represents 0.0% of net assets.

 

(a) Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(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) Affiliated company (See Note 7).

 

(d) Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(e) At September 30, 2014, the total market value of the Fund’s securities on loan was $50,611,957 and the total market value of the collateral held by the Fund was $53,317,919. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $808,241.

CVA - Certificaten Van Aandelen (Certificate of Stock)

RSP - Risparmio Italian Savings Shares

 

See Notes to Financial Statements.

 

44   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Europe Dividend Growth Fund (EUDG)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 99.9%      
Austria – 0.3%      

ams AG

     240       $ 9,130   

Vienna Insurance Group AG Wiener Versicherung Gruppe

     580         26,197   
     

 

 

 
Total Austria               35,327   
Belgium – 3.8%      

Anheuser-Busch InBev N.V.

     4,415         491,467   

Melexis N.V.

     252         11,491   

Umicore S.A.

     577         25,245   
     

 

 

 
Total Belgium               528,203   
Denmark – 2.7%      

AP Moeller – Maersk A/S Class B

     25         59,395   

DSV A/S

     392         11,043   

Novo Nordisk A/S Class B

     5,551         265,648   

Novozymes A/S Class B

     382         16,576   

Pandora A/S

     357         27,996   
     

 

 

 
Total Denmark               380,658   
Finland – 0.7%      

Kone Oyj Class B

     2,043         82,122   

Metso Oyj

     170         6,056   

YIT Oyj(a)

     1,113         8,590   
     

 

 

 
Total Finland               96,768   
France – 7.4%      

Air Liquide S.A.

     987         120,406   

Airbus Group N.V.

     1,312         82,571   

BioMerieux(a)

     93         9,630   

Carrefour S.A.

     1,981         61,211   

Dassault Systemes S.A.

     345         22,166   

Essilor International S.A.

     332         36,462   

Eutelsat Communications S.A.

     1,236         39,917   

L’Oreal S.A.

     1,343         213,256   

LVMH Moet Hennessy Louis Vuitton S.A.

     1,245         202,412   

Metropole Television S.A.

     1,051         16,981   

Plastic Omnium S.A.

     220         5,264   

Publicis Groupe S.A.

     475         32,624   

Safran S.A.

     1,140         73,993   

Societe BIC S.A.

     196         25,280   

Technip S.A.

     326         27,431   

Teleperformance

     175         10,828   

Valeo S.A.

     216         24,042   

Vallourec S.A.

     3         138   

Vicat

     178         11,526   

Zodiac Aerospace

     564         17,993   
     

 

 

 
Total France               1,034,131   
Germany – 15.3%      

adidas AG

     464         34,729   

BASF SE

     3,432         314,885   

Bayer AG Registered Shares

     1,837         257,353   

Bayerische Motoren Werke AG

     1,882         202,130   

Bilfinger SE(a)

     206         13,066   

Brenntag AG

     369         18,138   
Investments    Shares      Value  
     

Carl Zeiss Meditec AG Bearer Shares

     235       $ 6,828   

Continental AG

     456         86,781   

Deutsche Lufthansa AG Registered Shares

     1,390         21,958   

Deutsche Post AG Registered Shares

     2,755         88,364   

Duerr AG

     96         7,013   

Evonik Industries AG

     1,920         66,554   

Fielmann AG

     336         20,626   

Freenet AG

     896         23,322   

Fresenius Medical Care AG & Co. KGaA

     566         39,539   

Fresenius SE & Co. KGaA

     621         30,748   

Hamburger Hafen und Logistik AG

     396         9,462   

Henkel AG & Co. KGaA

     448         41,874   

Hugo Boss AG

     300         37,503   

Infineon Technologies AG

     2,112         21,859   

Leoni AG

     192         10,483   

MTU Aero Engines AG

     160         13,663   

Pfeiffer Vacuum Technology AG

     58         4,883   

ProSiebenSat.1 Media AG Registered Shares

     1,034         41,211   

Rhoen Klinikum AG

     395         11,986   

SAP SE

     2,442         176,145   

Siemens AG Registered Shares

     3,228         384,819   

Symrise AG

     312         16,621   

United Internet AG Registered Shares

     360         15,323   

Volkswagen AG

     663         137,607   
     

 

 

 
Total Germany               2,155,473   
Ireland – 0.4%      

Dragon Oil PLC

     1,692         16,886   

Greencore Group PLC

     1,860         7,056   

Kerry Group PLC Class A

     175         12,340   

Paddy Power PLC

     223         16,105   
     

 

 

 
Total Ireland               52,387   
Italy – 5.2%      

Atlantia SpA

     4,080         100,762   

DiaSorin SpA

     180         6,758   

Eni SpA(a)

     22,825         544,091   

Luxottica Group SpA

     889         46,291   

MARR SpA

     494         7,676   

Pirelli & C. SpA

     1,420         19,660   

Recordati SpA

     692         11,347   
     

 

 

 
Total Italy               736,585   
Netherlands – 3.9%      

ASML Holding N.V.

     457         45,503   

Brunel International N.V.

     225         5,156   

Fugro N.V. CVA

     364         11,020   

Gemalto N.V.(a)

     63         5,784   

Heineken N.V.

     1,114         83,366   

Koninklijke Ahold N.V.

     819         13,264   

Koninklijke DSM N.V.

     726         44,806   

Koninklijke Vopak N.V.(a)

     405         21,859   

Reed Elsevier N.V.

     2,618         59,430   

Unilever N.V. CVA(a)

     6,433         256,228   
     

 

 

 
Total Netherlands               546,416   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      45   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Europe Dividend Growth Fund (EUDG)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Norway – 4.9%      

Akastor ASA

     1,428       $ 5,747   

Aker Solutions ASA*(b)

     1,428         14,230   

Salmar ASA

     1,080         19,085   

Statoil ASA

     14,541         396,650   

Telenor ASA

     6,533         143,420   

TGS Nopec Geophysical Co. ASA(a)

     338         8,604   

Wilh. Wilhelmsen ASA

     1,128         8,825   

Yara International ASA

     1,728         86,794   
     

 

 

 
Total Norway               683,355   
Portugal – 0.2%      

Jeronimo Martins, SGPS, S.A.

     1,831         20,165   

Mota-Engil, SGPS, S.A.

     1,356         8,760   
     

 

 

 
Total Portugal               28,925   
Spain – 2.6%      

Amadeus IT Holding S.A. Class A

     310         11,599   

Distribuidora Internacional de Alimentacion S.A.

     1,898         13,628   

Inditex S.A.

     7,640         211,121   

Indra Sistemas S.A.

     1,018         14,275   

Obrascon Huarte Lain S.A.(a)

     299         10,004   

Prosegur Cia de Seguridad S.A.

     1,725         10,721   

Red Electrica Corp. S.A.

     720         62,358   

Tecnicas Reunidas S.A.

     201         10,662   

Viscofan S.A.

     188         10,307   

Zardoya Otis S.A.

     1,195         14,824   
     

 

 

 
Total Spain               369,499   
Sweden – 4.3%      

Alfa Laval AB

     1,117         23,926   

Atlas Copco AB Class A

     805         23,117   

Atlas Copco AB Class B

     3,286         85,428   

Axfood AB

     339         17,560   

Axis Communications AB(a)

     300         8,174   

Betsson AB*

     266         9,447   

Boliden AB

     1,224         19,884   

Elekta AB Class B(a)

     1,042         10,285   

Hennes & Mauritz AB Class B

     6,898         286,603   

Hexagon AB Class B

     564         17,917   

ICA Gruppen AB

     873         28,570   

Indutrade AB

     190         7,235   

Intrum Justitia AB

     319         9,001   

JM AB

     444         14,216   

Meda AB Class A

     648         9,115   

Skanska AB Class B

     1,478         30,612   
     

 

 

 
Total Sweden               601,090   
Switzerland – 23.8%      

ABB Ltd. Registered Shares*

     9,034         203,088   

Actelion Ltd. Registered Shares*

     240         28,207   

Adecco S.A. Registered Shares*

     684         46,423   

Aryzta AG

     112         9,653   

Cie Financiere Richemont S.A. Registered Shares

     727         59,613   

EMS-Chemie Holding AG Registered Shares

     93         38,665   

Galenica AG Registered Shares

     21         18,484   
Investments    Shares      Value  
     

Geberit AG Registered Shares

     120       $ 38,782   

Givaudan S.A. Registered Shares*

     37         59,169   

Nestle S.A. Registered Shares

     10,144         745,804   

Nobel Biocare Holding AG Registered Shares*

     327         5,801   

Novartis AG Registered Shares

     9,164         864,610   

Partners Group Holding AG

     104         27,374   

Roche Holding AG Bearer Shares

     573         166,113   

Roche Holding AG Genusschein

     2,253         667,529   

Schindler Holding AG Participating Shares

     268         36,350   

SGS S.A. Registered Shares

     32         66,344   

Sonova Holding AG Registered Shares

     144         22,998   

Straumann Holding AG Registered Shares

     60         13,601   

Swatch Group AG (The) Bearer Shares

     58         27,565   

Swisscom AG Registered Shares

     254         144,213   

Syngenta AG Registered Shares

     166         52,866   
     

 

 

 
Total Switzerland               3,343,252   
United Kingdom – 24.4%      

Aberdeen Asset Management PLC

     3,680         23,893   

Admiral Group PLC

     744         15,475   

Aggreko PLC

     459         11,519   

AMEC PLC

     1,008         18,041   

ARM Holdings PLC

     636         9,341   

Babcock International Group PLC

     705         12,481   

Bellway PLC

     325         8,256   

Berkeley Group Holdings PLC

     704         25,679   

BG Group PLC

     3,706         68,491   

BHP Billiton PLC

     4,478         124,501   

BP PLC

     62,543         459,760   

British American Tobacco PLC

     5,742         324,127   

British Sky Broadcasting Group PLC

     4,526         64,715   

Capita PLC

     1,431         27,003   

Daily Mail & General Trust PLC Class A Non-Voting Shares

     728         9,040   

Diageo PLC

     4,865         140,781   

esure Group PLC

     1,598         5,982   

Fresnillo PLC(a)

     756         9,315   

GKN PLC

     2,628         13,599   

GlaxoSmithKline PLC

     17,891         409,827   

Halma PLC

     850         8,433   

Hammerson PLC

     2,217         20,648   

Hargreaves Lansdown PLC

     768         11,766   

Hays PLC

     3,573         6,737   

IMI PLC

     647         12,901   

Inchcape PLC

     1,250         13,050   

ITV PLC

     6,105         20,566   

Jardine Lloyd Thompson Group PLC

     804         12,682   

John Wood Group PLC

     659         8,114   

Jupiter Fund Management PLC

     1,345         7,754   

London Stock Exchange Group PLC

     595         18,018   

Marks & Spencer Group PLC

     5,108         33,504   

Melrose Industries PLC

     3,330         13,372   

Michael Page International PLC

     1,071         7,268   

Micro Focus International PLC

     547         9,400   

Morgan Advanced Materials PLC

     1,415         6,808   

 

See Notes to Financial Statements.

 

46   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Europe Dividend Growth Fund (EUDG)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Next PLC

     106       $ 11,350   

Persimmon PLC*

     1,221         26,406   

Prudential PLC

     3,345         74,617   

Reckitt Benckiser Group PLC

     1,471         127,582   

Reed Elsevier PLC

     2,616         41,900   

Rolls-Royce Holdings PLC

     2,930         45,813   

Rotork PLC

     232         10,399   

Royal Dutch Shell PLC Class A

     12,991         496,709   

Royal Dutch Shell PLC Class B

     5,946         234,911   

SABMiller PLC

     783         43,514   

Sage Group PLC (The)

     2,817         16,687   

Serco Group PLC

     1,657         7,685   

Smith & Nephew PLC

     1,860         31,360   

Smiths Group PLC

     1,279         26,208   

Spectris PLC

     216         6,331   

Spirax-Sarco Engineering PLC

     241         11,041   

Tate & Lyle PLC

     1,802         17,280   

Travis Perkins PLC

     492         13,272   

Unilever PLC

     3,283         137,580   

Vesuvius PLC

     1,127         8,255   

Weir Group PLC (The)

     311         12,615   

WH Smith PLC

     404         7,093   

Whitbread PLC

     252         16,970   

William Hill PLC

     2,767         16,588   
     

 

 

 
Total United Kingdom               3,435,013   
TOTAL COMMON STOCKS
(Cost: $15,107,687)
              14,027,082   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.0%      
United States – 1.0%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(c)

     
(Cost: $148,542)(d)      148,542         148,542   
TOTAL INVESTMENTS IN SECURITIES – 100.9%
(Cost: $15,256,229)
        14,175,624   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (0.9)%

        (132,431
     

 

 

 
NET ASSETS – 100.0%             $ 14,043,193   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

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

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(d) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $161,547 and the total market value of the collateral held by the Fund was $169,844. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $21,302.

CVA – Certificaten Van Aandelen (Certificate of Stock)

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      47   


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Europe Hedged Equity Fund (HEDJ)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 99.6%      
Austria – 0.6%      

Andritz AG

     74,048       $ 3,949,307   

CAT Oil AG

     46,828         892,656   

Lenzing AG(a)

     24,245         1,500,747   

RHI AG

     8,063         222,351   

Vienna Insurance Group AG Wiener Versicherung Gruppe

     269,480         12,171,738   
     

 

 

 
Total Austria         18,736,799   
Belgium – 8.2%      

Anheuser-Busch InBev N.V.

     1,652,746         183,979,689   

Delhaize Group S.A.(a)

     174,975         12,174,726   

Melexis N.V.

     33,228         1,515,097   

N.V. Bekaert S.A.(a)

     97,969         3,267,865   

Solvay S.A.

     129,668         19,967,597   

UCB S.A.

     222,743         20,225,600   
     

 

 

 
Total Belgium         241,130,574   
Finland – 2.9%      

Amer Sports Oyj

     190,331         3,825,331   

Cargotec Oyj Class B(a)

     64,591         2,159,808   

Huhtamaki Oyj

     159,760         4,387,497   

Kemira Oyj(a)

     387,729         5,118,396   

Kone Oyj Class B(a)

     946,290         38,037,652   

Konecranes Oyj(a)

     154,840         4,166,315   

Metso Oyj(a)

     366,484         13,055,497   

Outotec Oyj(a)

     278,658         2,115,608   

Wartsila Oyj Abp

     293,624         13,141,713   
     

 

 

 
Total Finland         86,007,817   
France – 26.1%      

Airbus Group N.V.

     651,353         40,992,973   

Arkema S.A.(a)

     75,810         5,087,142   

Bourbon S.A.

     82,825         2,245,331   

Bureau Veritas S.A.

     451,115         9,969,893   

Casino Guichard Perrachon S.A.

     170,886         18,407,382   

Christian Dior S.A.

     166,147         27,851,764   

Cie Generale des Etablissements Michelin

     241,774         22,808,839   

Danone S.A.

     757,387         50,708,760   

Dassault Systemes S.A.(a)

     96,278         6,185,755   

Edenred(a)

     349,965         8,636,292   

Essilor International S.A.

     114,308         12,554,099   

Ingenico(a)

     27,347         2,794,088   

IPSOS

     53,474         1,364,868   

Kering

     129,900         26,197,952   

L’Oreal S.A.

     527,844         83,816,620   

Lafarge S.A.

     198,622         14,306,844   

Legrand S.A.

     274,012         14,259,469   

LVMH Moet Hennessy Louis Vuitton S.A.(a)

     490,741         79,784,801   

Neopost S.A.(a)

     103,000         7,571,377   

Pernod Ricard S.A.

     215,300         24,380,082   

Publicis Groupe S.A.

     166,990         11,469,357   

Rallye S.A.

     98,400         4,299,668   

Remy Cointreau S.A.(a)

     46,742         3,365,669   

Rubis SCA(a)

     48,803         2,810,641   
Investments    Shares      Value  
     

Safran S.A.

     426,572       $ 27,686,989   

Sanofi

     1,349,286         152,653,714   

Schneider Electric SE

     708,098         54,385,888   

SEB S.A.

     51,926         3,917,364   

Societe BIC S.A.

     55,525         7,161,493   

Sodexo

     142,584         13,955,638   

Technip S.A.

     117,397         9,878,380   

Teleperformance

     36,583         2,263,536   

Vallourec S.A.(a)

     142,990         6,576,815   

Zodiac Aerospace

     150,920         4,814,858   
     

 

 

 
Total France         765,164,341   
Germany – 24.8%      

Aareal Bank AG

     105,956         4,608,418   

adidas AG

     170,486         12,760,461   

Bayer AG Registered Shares

     699,620         98,012,855   

Bayerische Motoren Werke AG

     727,900         78,177,557   

Brenntag AG

     116,383         5,720,580   

Daimler AG Registered Shares

     1,472,860         112,993,647   

Duerr AG

     29,609         2,163,048   

E.ON SE

     3,706,678         67,872,267   

Fresenius Medical Care AG & Co. KGaA

     213,372         14,905,681   

Fresenius SE & Co. KGaA

     245,075         12,134,418   

GEA Group AG

     135,050         5,893,443   

Hannover Rueck SE

     279,172         22,577,550   

HeidelbergCement AG

     73,126         4,833,134   

Henkel AG & Co. KGaA

     157,611         14,731,563   

Hochtief AG(a)

     65,088         4,481,944   

Infineon Technologies AG(a)

     631,029         6,531,028   

K+S AG Registered Shares(a)

     116,352         3,300,473   

Krones AG

     14,496         1,260,969   

LANXESS AG

     40,439         2,232,651   

Linde AG

     142,773         27,441,467   

Merck KGaA

     259,292         23,921,020   

MTU Aero Engines AG

     47,297         4,038,960   

NORMA Group SE

     18,134         758,705   

SAP SE

     908,487         65,530,594   

Siemens AG Registered Shares

     1,025,260         122,224,212   

Software AG(a)

     62,783         1,556,074   

Symrise AG

     73,753         3,928,914   

Wacker Chemie AG(a)

     13,915         1,684,160   
     

 

 

 
Total Germany         726,275,793   
Ireland – 0.1%      

Glanbia PLC

     135,697         1,959,322   
Italy – 2.1%      

Buzzi Unicem SpA(a)

     148,729         2,031,003   

Danieli & C. Officine Meccaniche SpA

     105,315         2,713,999   

Davide Campari-Milano SpA(a)

     836,691         6,040,468   

Interpump Group SpA

     254,941         3,199,609   

Luxottica Group SpA

     464,042         24,163,206   

Parmalat SpA

     2,015,939         6,366,587   

Pirelli & C. SpA

     786,800         10,893,418   

Salvatore Ferragamo SpA(a)

     219,246         6,023,934   
     

 

 

 
Total Italy         61,432,224   

 

See Notes to Financial Statements.

 

48   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Europe Hedged Equity Fund (HEDJ)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Netherlands – 14.1%      

Akzo Nobel N.V.

     369,019       $ 25,289,355   

Arcadis N.V.

     89,459         2,962,533   

ASM International N.V.

     49,643         1,804,524   

ASML Holding N.V.

     231,977         23,097,801   

Brunel International N.V.

     41,224         944,663   

Corbion N.V.

     65,047         958,109   

Fugro N.V. CVA(a)

     168,469         5,100,194   

Gemalto N.V.(a)

     20,280         1,861,968   

Heineken N.V.

     537,889         40,252,883   

Koninklijke Ahold N.V.

     1,916,619         31,039,384   

Koninklijke Boskalis Westminster N.V.

     228,989         12,895,671   

Koninklijke DSM N.V.

     324,074         20,000,575   

Koninklijke Philips N.V.

     1,854,446         59,186,515   

Koninklijke Vopak N.V.(a)

     170,581         9,206,658   

Nutreco N.V.

     117,167         4,265,683   

Reed Elsevier N.V.

     1,254,732         28,483,170   

Unilever N.V. CVA(a)

     3,252,711         129,556,357   

Wolters Kluwer N.V.

     594,549         15,862,471   
     

 

 

 
Total Netherlands         412,768,514   
Portugal – 0.3%      

Jeronimo Martins, SGPS, S.A.

     896,422         9,872,307   
Spain – 19.8%      

Abengoa S.A. Class B(a)

     1,271,881         6,719,234   

Acerinox S.A.

     525,092         8,072,634   

ACS Actividades de Construccion y Servicios S.A.

     960,104         36,894,937   

Banco Bilbao Vizcaya Argentaria S.A.(a)

     13,459,183         162,389,080   

Banco Santander S.A.

     14,319,443         137,675,646   

Duro Felguera S.A.(a)

     633,311         3,016,113   

Grifols S.A. Class A(a)

     71,121         2,914,526   

Grifols S.A. Class B

     39,449         1,405,317   

Mapfre S.A.(a)

     9,149,737         32,409,766   

Obrascon Huarte Lain S.A.(a)

     198,640         6,645,933   

Prosegur Cia de Seguridad S.A.(a)

     903,617         5,616,151   

Tecnicas Reunidas S.A.(a)

     119,271         6,326,595   

Telefonica S.A.

     11,024,570         170,672,776   
     

 

 

 
Total Spain         580,758,708   
Switzerland – 0.6%      

STMicroelectronics N.V.(a)

     2,137,531         16,565,947   

TOTAL COMMON STOCKS

(Cost: $3,005,276,297)

  

  

     2,920,672,346   
RIGHTS – 0.1%      
Spain – 0.1%      
Banco Bilbao Vizcaya Argentaria S.A., expiring 10/13/14*(a)
(Cost $1,308,306)
     12,890,722         1,286,452   
Investments    Shares      Value  
     
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.9%      
United States – 3.9%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(b)

     
(Cost: $114,700,199)(c)      114,700,199       $ 114,700,199   

TOTAL INVESTMENTS IN SECURITIES – 103.6%

(Cost: $3,121,284,802)

  

  

     3,036,658,997   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (3.6)%

        (104,189,447
     

 

 

 
NET ASSETS – 100.0%       $ 2,932,469,550   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(c) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $123,660,134 and the total market value of the collateral held by the Fund was $130,445,395. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $15,745,196.

CVA – Certificaten Van Aandelen (Certificate of Stock)

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      49   


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Europe SmallCap Dividend Fund (DFE)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
               
COMMON STOCKS – 99.7%      
Austria – 1.9%      

ams AG

     110,694       $ 4,211,690   

Austria Technologie & Systemtechnik AG

     99,664         1,151,990   

CAT Oil AG

     135,574         2,584,371   

Lenzing AG(a)

     70,507         4,364,330   

POLYTEC Holding AG

     109,884         885,614   

RHI AG

     133,299         3,675,953   

Wienerberger AG(a)

     127,545         1,643,436   
     

 

 

 
Total Austria         18,517,384   
Belgium – 3.6%      

Arseus N.V.

     101,713         4,931,405   

Barco N.V.(a)

     51,430         3,717,523   

Cie Maritime Belge S.A.

     58,080         1,212,432   

Cofinimmo S.A.

     138,375         15,679,758   

Econocom Group(a)

     149,728         1,352,379   

EVS Broadcast Equipment S.A.(a)

     110,049         3,839,715   

Melexis N.V.

     95,361         4,348,176   

Recticel S.A.

     134,242         1,040,381   
     

 

 

 
Total Belgium         36,121,769   
Denmark – 2.2%      

ALK-Abello A/S

     10,380         1,255,951   

D/S Norden A/S(a)

     58,854         1,511,126   

DFDS A/S

     52,061         4,099,361   

IC Companys A/S

     34,706         948,235   

NKT Holding A/S

     47,135         2,599,636   

Schouw & Co.

     86,145         3,523,163   

SimCorp A/S

     155,722         4,571,742   

Spar Nord Bank A/S

     375,242         3,788,908   
     

 

 

 
Total Denmark         22,298,122   
Finland – 7.7%      

Aktia Bank Oyj

     136,353         1,688,030   

Caverion Corp.(a)

     443,330         3,388,221   

Citycon Oyj

     1,349,078         4,516,190   

Cramo Oyj

     190,435         2,699,162   

F-Secure Oyj

     626,322         1,970,091   

HKScan Oyj Class A

     153,312         652,672   

Konecranes Oyj(a)

     356,225         9,585,026   

Lassila & Tikanoja Oyj

     175,858         2,967,959   

Metsa Board Oyj(a)

     1,047,492         4,657,819   

Outotec Oyj(a)

     589,049         4,472,138   

PKC Group Oyj

     66,141         1,337,677   

Raisio Oyj Class V

     353,740         1,707,013   

Ramirent Oyj

     611,638         4,813,620   

Sanoma Oyj(a)

     540,064         3,402,992   

Stockmann Oyj Abp Class B

     215,832         2,354,331   

Technopolis Oyj

     619,909         3,148,062   

Tieto Oyj

     408,160         10,312,162   

Tikkurila Oyj

     241,121         5,031,927   

Uponor Oyj

     128,877         1,735,489   

YIT Oyj(a)

     764,554         5,901,177   
     

 

 

 
Total Finland         76,341,758   
Investments    Shares      Value  
     
France – 2.6%      

ALBIOMA

     25,244       $ 618,656   

Alten S.A.

     147,380         6,321,666   

Altran Technologies S.A.

     396,313         4,090,248   

Assystem

     56,604         1,190,558   

Derichebourg S.A.

     537,958         1,425,749   

Haulotte Group S.A.

     43,706         681,863   

IPSOS

     144,668         3,692,501   

Jacquet Metal Service

     95,596         1,874,221   

Lectra

     128,530         1,315,161   

Mersen

     36,151         885,955   

Saft Groupe S.A.

     98,618         3,356,163   
     

 

 

 
Total France         25,452,741   
Germany – 8.3%      

Aurelius AG

     177,367         6,340,865   

BayWa AG

     78,923         3,401,746   

Bechtle AG

     61,040         4,672,021   

Borussia Dortmund GmbH & Co. KGaA

     258,354         1,456,896   

CANCOM SE(a)

     26,426         1,025,849   

Cewe Stiftung & Co. KGAA

     25,355         1,674,513   

CompuGroup Medical AG

     127,502         3,053,828   

Delticom AG(a)

     33,004         723,153   

Deutsche Beteiligungs AG

     68,711         1,866,182   

Deutz AG

     186,364         988,311   

Drillisch AG(a)

     518,656         17,493,630   

Elmos Semiconductor AG

     52,360         987,527   

Gerresheimer AG

     73,952         4,803,649   

Grammer AG

     35,248         1,365,199   

Hamburger Hafen und Logistik AG(a)

     217,867         5,205,795   

Indus Holding AG

     92,049         4,475,652   

Jenoptik AG

     145,944         1,641,759   

KUKA AG(a)

     30,723         1,861,367   

LPKF Laser & Electronics AG(a)

     49,933         877,728   

NORMA Group SE

     67,050         2,805,294   

Pfeiffer Vacuum Technology AG(a)

     33,878         2,852,379   

PNE Wind AG Registered Shares(a)

     336,371         1,033,407   

QSC AG(a)

     474,766         1,338,038   

Sixt SE

     123,984         3,983,700   

Stroeer Media AG

     61,013         1,344,953   

Vossloh AG

     14,178         962,324   

VTG AG

     87,642         1,644,099   

Wacker Neuson SE

     162,491         3,109,791   
     

 

 

 
Total Germany         82,989,655   
Ireland – 3.1%      

C&C Group PLC

     1,170,278         6,219,433   

FBD Holdings PLC

     155,211         2,872,430   

Fyffes PLC

     580,747         792,319   

Grafton Group PLC

     344,527         3,496,398   

Greencore Group PLC

     1,283,281         4,868,115   

IFG Group PLC

     482,338         962,715   

Irish Continental Group PLC

     821,382         2,863,806   

Origin Enterprises PLC

     266,650         2,593,711   

 

See Notes to Financial Statements.

 

50   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Europe SmallCap Dividend Fund (DFE)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Total Produce PLC

     1,469,625       $ 1,819,374   

UDG Healthcare PLC

     843,212         4,521,948   
     

 

 

 
Total Ireland         31,010,249   
Italy – 9.7%      

Amplifon SpA(a)

     435,430         2,437,852   

Ansaldo STS SpA

     476,300         5,382,081   

Ascopiave SpA

     759,518         1,727,030   

Astaldi SpA(a)

     341,625         2,602,293   

ASTM SpA

     242,111         3,254,209   

Banca IFIS SpA

     376,349         7,464,139   

Banca Popolare di Sondrio SCARL

     741,391         3,191,804   

Biesse SpA

     96,913         997,766   

Brunello Cucinelli SpA(a)

     32,363         675,380   

Cairo Communication SpA

     582,508         4,083,985   

Cementir Holding SpA(a)

     276,534         1,655,832   

Danieli & C. Officine Meccaniche SpA

     55,058         1,418,861   

Danieli & C. Officine Meccaniche SpA RSP

     121,797         2,320,210   

Datalogic SpA

     197,232         2,048,040   

Edison SpA RSP

     211,766         240,762   

ERG SpA

     1,057,939         13,036,985   

Esprinet SpA

     122,336         975,153   

Falck Renewables SpA

     1,896,370         2,546,511   

Immobiliare Grande Distribuzione(a)

     3,092,288         2,597,711   

Industria Macchine Automatiche SpA

     165,483         5,497,920   

Interpump Group SpA

     255,287         3,203,951   

Iren SpA

     8,877,232         11,169,306   

Italmobiliare SpA RSP

     48,701         953,584   

MARR SpA(a)

     389,956         6,059,126   

Reply SpA

     21,473         1,679,085   

Societa Cattolica di Assicurazioni SCRL(a)

     59,251         1,033,662   

Trevi Finanziaria Industriale SpA(a)

     160,319         1,137,166   

UnipolSai SpA Class B RSP(a)

     2,282,922         6,465,706   

Vittoria Assicurazioni SpA

     40,990         497,612   

Zignago Vetro SpA

     36,176         246,548   
     

 

 

 
Total Italy         96,600,270   
Netherlands – 2.4%      

BE Semiconductor Industries N.V.

     206,008         3,643,354   

BinckBank N.V.

     580,955         5,784,532   

Brunel International N.V.

     128,678         2,948,702   

Corbion N.V.

     122,335         1,801,933   

Koninklijke BAM Groep N.V.(a)

     398,892         1,179,127   

Koninklijke Ten Cate N.V.

     75,545         1,861,405   

Koninklijke Wessanen N.V.

     150,107         910,568   

TKH Group N.V. CVA

     144,099         4,634,561   

USG People N.V.

     124,621         1,481,392   
     

 

 

 
Total Netherlands         24,245,574   
Norway – 3.0%      

Austevoll Seafood ASA

     809,804         5,383,774   

Borregaard ASA

     495,389         2,846,110   

Cermaq ASA

     332,102         5,002,665   

Norway Royal Salmon ASA

     177,717         1,425,001   

Opera Software ASA(a)

     86,128         1,206,215   

Protector Forsikring ASA

     457,688         2,807,661   
Investments    Shares      Value  
     

SpareBank 1 Nord Norge

     574,821       $ 3,445,659   

SpareBank 1 SMN

     518,679         4,784,824   

Spectrum ASA

     119,815         634,263   

Tomra Systems ASA

     247,672         1,889,522   
     

 

 

 
Total Norway         29,425,694   
Portugal – 2.1%      

Altri, SGPS, S.A.

     462,781         1,348,106   

CTT-Correios de Portugal S.A.

     925,485         8,996,370   

Mota-Engil, SGPS, S.A.

     493,891         3,190,665   

REN – Redes Energeticas Nacionais, SGPS, S.A.(a)

     2,041,356         6,885,243   

Teixeira Duarte S.A.(a)

     694,737         751,248   
     

 

 

 
Total Portugal         21,171,632   
Spain – 2.1%      

Abengoa S.A.

     344,985         1,934,962   

Cie Automotive S.A.(a)

     359,809         5,004,361   

Duro Felguera S.A.(a)

     958,921         4,566,815   

Faes Farma S.A.

     994,530         2,544,088   

Laboratorios Farmaceuticos Rovi S.A.

     114,512         1,229,587   

Melia Hotels International S.A.(a)

     123,997         1,282,092   

Miquel y Costas & Miquel S.A.(a)

     52,160         1,626,852   

Papeles y Cartones de Europa S.A.

     443,583         2,549,621   

Pescanova S.A.*†

     3,781         0   
     

 

 

 
Total Spain         20,738,378   
Sweden – 13.3%      

AddTech AB Class B

     142,737         1,955,396   

AF AB Class B(a)

     289,851         4,423,119   

Atrium Ljungberg AB Class B

     390,799         5,611,189   

Avanza Bank Holding AB

     159,571         5,390,314   

Axis Communications AB(a)

     321,747         8,766,316   

B&B Tools AB Class B

     113,328         2,228,545   

Betsson AB*

     275,908         9,798,631   

Bilia AB Class A

     186,624         5,022,620   

BioGaia AB Class B

     91,288         2,051,586   

Byggmax Group AB

     471,315         3,073,054   

Clas Ohlson AB Class B(a)

     364,545         6,182,457   

Duni AB

     346,568         4,351,091   

Gunnebo AB

     289,708         1,483,023   

Haldex AB

     145,502         1,690,499   

Holmen AB Class B

     411,226         12,539,187   

Industrial & Financial Systems Class B

     95,186         2,905,072   

Indutrade AB

     132,490         5,045,295   

Kungsleden AB(a)

     640,946         3,814,520   

Loomis AB Class B

     268,428         7,689,693   

Mekonomen AB(a)

     198,708         4,314,106   

Net Entertainment NE AB Class B

     54,329         1,458,390   

New Wave Group AB Class B

     280,648         1,280,911   

Nobia AB(a)

     562,852         4,899,695   

Nolato AB Class B

     165,237         3,747,884   

Peab AB

     1,510,373         10,415,715   

Platzer Fastigheter Holding AB Class B

     20,532         85,450   

Proffice AB Class B

     324,932         1,009,722   

Semcon AB

     123,717         888,180   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      51   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Europe SmallCap Dividend Fund (DFE)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Skandinaviska Enskilda Banken AB Class C

     262,227       $ 3,295,845   

SkiStar AB

     197,475         2,198,459   

Svenska Handelsbanken AB Class B

     100,438         4,513,050   

Transmode AB

     90,424         727,567   
     

 

 

 
Total Sweden         132,856,581   
Switzerland – 4.8%      

AFG Arbonia-Forster Holding AG Registered Shares*(a)

     29,662         636,390   

Ascom Holding AG Registered Shares

     123,363         1,730,051   

Cembra Money Bank AG

     202,038         11,523,884   

EFG International AG*

     296,664         2,983,716   

Gategroup Holding AG*

     47,140         1,013,843   

Implenia AG Registered Shares*

     46,914         2,562,963   

Kudelski S.A. Bearer Shares

     169,788         2,212,308   

Leonteq AG*(a)

     12,097         2,700,461   

Logitech International S.A. Registered Shares(a)

     490,021         6,307,963   

Nobel Biocare Holding AG Registered Shares*(a)

     294,674         5,227,341   

Tecan Group AG Registered Shares(a)

     26,563         2,793,911   

U-Blox AG*

     10,313         1,275,768   

Valiant Holding AG Registered Shares

     83,693         6,665,659   
     

 

 

 
Total Switzerland         47,634,258   
United Kingdom – 32.9%      

A.G.BARR PLC

     214,134         2,141,875   

Abcam PLC

     379,872         2,477,174   

African Barrick Gold PLC

     363,599         1,289,713   

Al Noor Hospitals Group PLC

     101,257         1,671,076   

Alent PLC(a)

     656,386         3,490,250   

Anite PLC

     673,901         945,008   

Bank of Georgia Holdings PLC

     85,753         3,417,074   

Betfair Group PLC

     150,591         2,851,446   

Big Yellow Group PLC

     497,461         4,193,587   

Bloomsbury Publishing PLC

     295,351         788,837   

Bodycote PLC

     201,583         2,184,633   

Bovis Homes Group PLC

     227,915         2,878,284   

Brammer PLC

     195,761         1,193,266   

Brewin Dolphin Holdings PLC

     675,587         2,979,020   

Cable & Wireless Communications PLC

     10,596,729         8,056,899   

Central Asia Metals PLC

     432,556         1,197,364   

Chemring Group PLC(a)

     264,680         963,298   

Chesnara PLC

     599,052         3,447,594   

Chime Communications PLC

     212,438         1,005,630   

Cineworld Group PLC

     624,862         3,302,364   

Communisis PLC

     475,968         461,040   

Computacenter PLC

     338,905         3,461,320   

Concentric AB

     181,609         2,147,795   

Connect Group PLC

     642,309         1,554,109   

Costain Group PLC

     231,219         1,064,548   

Countrywide PLC

     371,469         2,718,363   

Cranswick PLC

     118,565         2,552,571   

Crest Nicholson Holdings PLC(a)

     483,777         2,548,894   

CSR PLC

     154,214         1,895,031   
Investments    Shares      Value  
     

Dairy Crest Group PLC

     600,427       $ 3,735,355   

Dart Group PLC

     87,435         307,233   

Darty PLC

     901,169         1,084,741   

De La Rue PLC

     356,939         2,760,169   

Debenhams PLC(a)

     5,678,695         5,367,108   

Dechra Pharmaceuticals PLC

     193,586         2,378,846   

Development Securities PLC

     272,025         866,552   

Devro PLC(a)

     570,245         2,197,886   

Dialight PLC(a)

     46,260         675,700   

Dignity PLC

     21,699         515,348   

Diploma PLC

     147,704         1,651,010   

Domino Printing Sciences PLC

     310,944         3,079,971   

Domino’s Pizza Group PLC

     462,482         4,258,596   

E2V Technologies PLC

     600,282         1,566,767   

Electrocomponents PLC

     1,781,532         6,440,532   

Elementis PLC

     801,257         3,318,837   

EMIS Group PLC

     131,584         1,586,015   

esure Group PLC

     1,366,468         5,115,012   

Fenner PLC

     274,220         1,411,896   

Ferrexpo PLC

     1,229,419         2,238,221   

Fidessa Group PLC

     124,251         4,614,750   

Fortune Oil PLC

     2,368,582         326,769   

Foxtons Group PLC

     287,488         1,002,032   

Galliford Try PLC

     140,752         2,888,760   

Genus PLC(a)

     107,820         1,975,154   

Go-Ahead Group PLC

     124,055         5,120,306   

Greggs PLC

     364,683         3,499,939   

Halfords Group PLC

     567,936         4,368,767   

Hargreaves Services PLC

     110,138         1,017,736   

Headlam Group PLC

     287,444         1,910,559   

Helical Bar PLC

     254,287         1,442,831   

HellermannTyton Group PLC

     280,784         1,410,188   

Hill & Smith Holdings PLC

     199,921         1,818,212   

Hilton Food Group PLC

     194,915         1,314,504   

Hogg Robinson Group PLC

     833,125         617,909   

Homeserve PLC(a)

     777,141         4,027,780   

Hunting PLC

     298,115         4,313,356   

Hyder Consulting PLC

     82,756         1,004,858   

Interserve PLC

     267,022         2,595,132   

ISG PLC

     93,255         478,486   

ITE Group PLC(a)

     733,072         2,014,372   

J D Wetherspoon PLC

     166,804         2,157,906   

James Fisher & Sons PLC

     33,368         717,294   

John Menzies PLC

     217,863         2,009,643   

Johnson Service Group PLC

     549,816         525,887   

Kcom Group PLC

     2,590,542         3,968,676   

Keller Group PLC

     61,056         871,032   

Kier Group PLC

     153,889         4,103,900   

Laird PLC

     959,157         4,815,642   

Lavendon Group PLC

     208,582         682,203   

Lookers PLC

     693,462         1,506,436   

Low & Bonar PLC

     1,087,191         1,061,906   

LSL Property Services PLC

     344,237         1,819,275   

M&C Saatchi PLC

     174,714         777,487   

 

See Notes to Financial Statements.

 

52   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Europe SmallCap Dividend Fund (DFE)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Marshalls PLC(a)

     498,183       $ 1,621,316   

Marston’s PLC

     2,590,207         6,185,296   

Mears Group PLC

     147,457         1,039,867   

Micro Focus International PLC

     427,570         7,347,445   

Mitie Group PLC(a)

     906,238         4,229,677   

Moneysupermarket.com Group PLC

     2,072,165         6,577,491   

Morgan Advanced Materials PLC

     647,999         3,117,895   

Morgan Sindall Group PLC

     113,956         1,515,790   

National Express Group PLC(a)

     1,091,912         4,204,114   

NCC Group PLC

     244,486         776,843   

NMC Health PLC

     120,273         930,057   

Northgate PLC

     175,099         1,373,323   

Novae Group PLC

     235,833         2,053,062   

Numis Corp. PLC

     346,406         1,492,389   

Oxford Instruments PLC

     48,040         794,377   

Pace PLC

     196,773         950,935   

Partnership Assurance Group PLC

     933,892         1,589,678   

PayPoint PLC

     142,771         2,276,342   

Pendragon PLC

     2,003,652         1,071,913   

Photo-Me International PLC

     773,420         1,648,786   

Polar Capital Holdings PLC(a)

     226,038         1,519,816   

Premier Farnell PLC

     1,744,087         5,145,917   

Rank Group PLC(a)

     938,794         2,450,301   

Redde PLC

     697,340         836,565   

Redrow PLC(a)

     272,398         1,239,566   

Renishaw PLC

     144,645         3,822,208   

Restaurant Group PLC (The)

     454,044         4,802,880   

Ricardo PLC

     42,096         457,917   

RPC Group PLC

     392,015         3,552,530   

RPS Group PLC

     189,297         800,954   

RWS Holdings PLC(a)

     83,422         1,027,821   

Safestore Holdings PLC

     462,343         1,603,989   

Savills PLC

     285,660         2,831,843   

Schroders PLC Non-Voting Shares

     127,393         3,913,614   

Senior PLC

     558,447         2,428,085   

Shanks Group PLC

     779,576         1,137,429   

SIG PLC

     784,006         2,117,472   

Speedy Hire PLC

     515,060         588,668   

Spirent Communications PLC(a)

     1,488,295         2,523,736   

Spirit Pub Co. PLC

     1,759,632         2,738,523   

St. Ives PLC

     284,863         922,457   

St. Modwen Properties PLC

     221,856         1,319,959   

SThree PLC

     214,789         1,219,589   

Synergy Health PLC

     94,408         2,242,176   

Synthomer PLC

     811,651         2,789,513   

Ted Baker PLC

     44,617         1,347,524   

Telecom Plus PLC(a)

     174,126         3,768,497   

Topps Tiles PLC

     284,975         481,622   

TT electronics PLC

     321,147         868,146   

Tullett Prebon PLC

     1,181,018         5,131,148   

Tyman PLC

     259,907         1,094,452   

Unite Group PLC (The)

     270,103         1,858,790   

UTV Media PLC

     152,649         537,003   

Vertu Motors PLC

     585,707         531,731   
Investments    Shares      Value  
     

Vesuvius PLC

     625,651       $ 4,582,491   

WH Smith PLC

     301,739         5,297,649   

WS Atkins PLC

     150,108         3,204,888   

Xaar PLC

     76,270         464,906   

Xchanging PLC

     471,555         1,437,188   
     

 

 

 
Total United Kingdom         327,649,704   

TOTAL COMMON STOCKS

(Cost: $1,142,041,498)

  

  

     993,053,769   
EXCHANGE-TRADED FUNDS – 0.0%      
United States – 0.0%      

WisdomTree International MidCap Dividend Fund(b)

     
(Cost $4,928)      84         4,756   
RIGHTS – 0.1%      
Italy – 0.1%      

Immobiliare Grande Distribuzione, expiring 10/17/14*

     3,157,900         676,172   
Sweden – 0.0%      

Kungsleden AB, expiring 10/8/14*

     674,589         243,318   

TOTAL RIGHTS

(Cost: $1,488,104)

              919,490   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 11.9%      
United States – 11.9%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(c)

     
(Cost: $118,811,622)(d)      118,811,622         118,811,622   

TOTAL INVESTMENTS IN SECURITIES – 111.7%

(Cost: $1,262,346,152)

  

  

     1,112,789,637   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (11.7)%

        (116,889,972
     

 

 

 
NET ASSETS – 100.0%       $ 995,899,665   
* 

Non-income producing security.

 

 

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

 

(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

Affiliated company (See Note 7).

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(d) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $112,879,373 and the total market value of the collateral held by the Fund was $118,827,167. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $15,545.

CVA – Certificaten Van Aandelen (Certificate of Stock)

RSP – Risparmio Italian Savings Shares

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      53   


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Germany Hedged Equity Fund (DXGE)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 99.4%      
Germany – 99.4%      
Aerospace & Defense – 0.6%      

MTU Aero Engines AG

     969       $ 82,748   
Air Freight & Logistics – 3.3%      

Deutsche Post AG Registered Shares

     15,077         483,578   
Airlines – 0.8%      

Deutsche Lufthansa AG Registered Shares

     7,156         113,043   
Auto Components – 1.9%      

Continental AG

     1,309         249,114   

ElringKlinger AG(a)

     418         12,377   

Leoni AG

     210         11,466   
     

 

 

 
Total Auto Components         272,957   
Automobiles – 14.2%      

Bayerische Motoren Werke AG

     7,254         779,091   

Daimler AG Registered Shares

     9,995         766,788   

Volkswagen AG

     2,470         512,653   
     

 

 

 
Total Automobiles         2,058,532   
Capital Markets – 2.9%      

Aurelius AG

     466         16,659   

Deutsche Bank AG Registered Shares

     11,594         406,796   
     

 

 

 
Total Capital Markets         423,455   
Chemicals – 10.6%      

BASF SE

     8,113         744,366   

Evonik Industries AG

     7,426         257,412   

K+S AG Registered Shares

     2,318         65,753   

LANXESS AG

     1,085         59,903   

Linde AG

     1,577         303,105   

Symrise AG

     1,787         95,196   

Wacker Chemie AG(a)

     121         14,645   
     

 

 

 
Total Chemicals         1,540,380   
Commercial Services & Supplies – 0.5%      

Bilfinger SE(a)

     1,076         68,248   
Construction & Engineering – 0.6%      

Hochtief AG

     1,189         81,874   
Construction Materials – 0.6%      

HeidelbergCement AG

     1,269         83,872   
Diversified Financial Services – 1.6%      

Deutsche Boerse AG

     3,398         228,920   
Diversified Telecommunication Services – 5.7%      

Deutsche Telekom AG Registered Shares

     53,993         818,480   
Food Products – 0.8%      

Suedzucker AG(a)

     7,637         120,014   
Health Care Equipment & Supplies – 0.1%      

Carl Zeiss Meditec AG Bearer Shares(a)

     633         18,392   
Health Care Providers & Services – 3.0%      

Celesio AG

     2,236         74,401   

Fresenius Medical Care AG & Co. KGaA

     2,688         187,777   

Fresenius SE & Co. KGaA

     3,333         165,027   
     

 

 

 
Total Health Care Providers & Services         427,205   
Investments    Shares      Value  
     
Hotels, Restaurants & Leisure – 0.4%      

TUI AG

     4,373       $ 65,434   
Household Products – 1.3%      

Henkel AG & Co. KGaA

     2,027         189,459   
Industrial Conglomerates – 6.0%      

Indus Holding AG

     269         13,079   

Rheinmetall AG

     199         9,578   

Siemens AG Registered Shares

     7,084         844,504   
     

 

 

 
Total Industrial Conglomerates         867,161   
Insurance – 12.2%      

Allianz SE Registered Shares

     5,581         904,893   

Hannover Rueck SE

     2,651         214,395   

Muenchener Rueckversicherungs AG Registered Shares

     3,248         642,330   
     

 

 

 
Total Insurance         1,761,618   
Internet & Catalog Retail – 0.1%      

Takkt AG

     602         10,274   
IT Services – 0.1%      

Bechtle AG

     155         11,864   

Wirecard AG

     128         4,730   
     

 

 

 
Total IT Services         16,594   
Life Sciences Tools & Services – 0.1%      

Gerresheimer AG

     142         9,224   
Machinery – 3.8%      

Deutz AG

     595         3,155   

DMG MORI SEIKI AG

     2,200         62,211   

Duerr AG

     926         67,648   

GEA Group AG

     2,401         104,777   

KION Group AG

     395         14,615   

Krones AG

     162         14,092   

KUKA AG(a)

     76         4,605   

MAN SE

     2,227         250,661   

NORMA Group SE

     176         7,364   

Pfeiffer Vacuum Technology AG

     130         10,946   

Vossloh AG

     42         2,851   

Wacker Neuson SE

     631         12,076   
     

 

 

 
Total Machinery         555,001   
Media – 1.0%      

Axel Springer SE

     2,268         124,888   

CTS Eventim AG & Co. KGaA

     460         12,999   
     

 

 

 
Total Media         137,887   
Metals & Mining – 0.5%      

Aurubis AG

     1,498         74,105   

Salzgitter AG

     165         5,691   
     

 

 

 
Total Metals & Mining         79,796   
Multi-Utilities – 6.5%      

E.ON SE

     33,608         615,390   

RWE AG

     8,502         331,387   
     

 

 

 
Total Multi-Utilities         946,777   
Personal Products – 0.8%      

Beiersdorf AG

     1,437         120,063   

 

See Notes to Financial Statements.

 

54   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Germany Hedged Equity Fund (DXGE)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Pharmaceuticals – 8.6%      

Bayer AG Registered Shares

     6,418       $ 899,126   

Merck KGaA

     3,023         278,887   

Stada Arzneimittel AG

     1,524         60,653   
     

 

 

 
Total Pharmaceuticals         1,238,666   
Road & Rail – 0.1%      

Sixt SE

     372         11,953   
Semiconductors & Semiconductor Equipment – 0.7%      

Infineon Technologies AG

     9,617         99,534   
Software – 4.7%      

SAP SE

     8,806         635,191   

Software AG(a)

     2,022         50,115   
     

 

 

 
Total Software         685,306   
Specialty Retail – 0.7%      

Fielmann AG

     1,580         96,993   
Technology Hardware, Storage & Peripherals – 0.4%      

Wincor Nixdorf AG

     1,270         65,072   
Textiles, Apparel & Luxury Goods – 2.2%      

adidas AG

     1,994         149,246   

Gerry Weber International AG

     374         14,771   

Hugo Boss AG

     1,195         149,389   
     

 

 

 
Total Textiles, Apparel & Luxury Goods         313,406   
Thrifts & Mortgage Finance – 0.5%      

Aareal Bank AG

     1,581         68,764   
Trading Companies & Distributors – 0.7%      

BayWa AG

     247         10,646   

Brenntag AG

     1,951         95,898   
     

 

 

 
Total Trading Companies & Distributors         106,544   
Transportation Infrastructure – 0.8%      

Fraport AG Frankfurt Airport Services Worldwide

     1,541         101,344   

Hamburger Hafen und Logistik AG

     701         16,750   
     

 

 

 
Total Transportation Infrastructure         118,094   
TOTAL COMMON STOCKS
(Cost: $15,344,176)
         14,385,318   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.6%      
United States – 1.6%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(b)

     
(Cost: $228,562)(c)      228,562         228,562   
TOTAL INVESTMENTS IN SECURITIES – 101.0%
(Cost: $15,572,738)
         14,613,880   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (1.0)%

        (149,586
     

 

 

 
NET ASSETS – 100.0%       $ 14,464,294   
(a)

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(c) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $217,577 and the total market value of the collateral held by the Fund was $228,562.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      55   


Table of Contents

Schedule of Investments (unaudited)

WisdomTree International Dividend ex-Financials Fund (DOO)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 99.1%      
Australia – 9.1%      

BHP Billiton Ltd.

     161,016       $ 4,772,183   

Rio Tinto Ltd.

     103,116         5,376,001   

Telstra Corp., Ltd.

     1,717,751         7,966,524   

Wesfarmers Ltd.(a)

     178,022         6,567,606   

Woodside Petroleum Ltd.

     174,680         6,205,861   

Woolworths Ltd.

     166,935         5,001,658   
     

 

 

 
Total Australia         35,889,833   
Austria – 0.9%      

OMV AG

     105,952         3,566,270   
China – 2.7%      

China Mobile Ltd.

     499,500         5,773,284   

CNOOC Ltd.

     2,718,000         4,662,369   
     

 

 

 
Total China         10,435,653   
Denmark – 0.6%      

Coloplast A/S Class B

     26,768         2,244,029   
Finland – 1.7%      

Fortum Oyj

     273,181         6,663,801   
France – 10.4%      

Bouygues S.A.

     113,377         3,675,831   

Casino Guichard Perrachon S.A.

     28,581         3,078,669   

Electricite de France S.A.

     178,518         5,856,569   

GDF Suez

     289,938         7,274,006   

Orange S.A.

     434,816         6,539,193   

Sanofi

     35,568         4,024,045   

Total S.A.

     80,448         5,228,654   

Vivendi S.A.

     218,435         5,275,934   
     

 

 

 
Total France         40,952,901   
Germany – 4.5%      

BASF SE

     29,324         2,690,472   

Bayer AG Registered Shares

     14,472         2,027,447   

Bayerische Motoren Werke AG

     26,656         2,862,895   

Daimler AG Registered Shares

     53,314         4,090,099   

Evonik Industries AG(a)

     95,704         3,317,443   

Infineon Technologies AG

     100,590         1,041,087   

SAP SE

     23,965         1,728,633   
     

 

 

 
Total Germany         17,758,076   
Hong Kong – 0.9%      

SJM Holdings Ltd.

     1,946,000         3,709,006   
Israel – 0.9%      

Teva Pharmaceutical Industries Ltd.

     66,667         3,595,259   
Italy – 3.9%      

Atlantia SpA

     138,977         3,432,250   

Eni SpA(a)

     248,631         5,926,748   

Snam SpA

     1,095,913         6,063,725   
     

 

 

 
Total Italy         15,422,723   
Japan – 9.7%      

Astellas Pharma, Inc.

     189,400         2,819,547   

Canon, Inc.

     133,300         4,338,827   

FUJIFILM Holdings Corp.

     78,800         2,420,858   
Investments    Shares      Value  
     

Hitachi Ltd.

     243,000       $ 1,855,258   

Hoya Corp.

     81,800         2,747,173   

ITOCHU Corp.(a)

     352,100         4,301,144   

Kyocera Corp.(a)

     43,800         2,040,766   

Mitsui & Co., Ltd.(a)

     279,800         4,411,451   

Murata Manufacturing Co., Ltd.

     18,800         2,137,162   

Nissan Motor Co., Ltd.(a)

     371,500         3,620,343   

Takeda Pharmaceutical Co., Ltd.(a)

     95,400         4,146,654   

Toyota Motor Corp.

     53,800         3,169,783   
     

 

 

 
Total Japan         38,008,966   
Netherlands – 3.4%      

Koninklijke Ahold N.V.

     211,188         3,420,161   

Koninklijke DSM N.V.

     48,326         2,982,491   

Reed Elsevier N.V.

     158,718         3,602,994   

Unilever N.V. CVA(a)

     83,762         3,336,263   
     

 

 

 
Total Netherlands         13,341,909   
Norway – 2.3%      

Statoil ASA

     157,817         4,304,937   

Telenor ASA

     223,381         4,903,931   
     

 

 

 
Total Norway         9,208,868   
Portugal – 1.5%      

EDP-Energias de Portugal S.A.

     1,338,695         5,842,772   
Singapore – 2.2%      

Keppel Corp., Ltd.

     494,000         4,067,278   

Singapore Telecommunications Ltd.

     1,554,000         4,637,944   
     

 

 

 
Total Singapore         8,705,222   
Spain – 8.1%      

Abertis Infraestructuras S.A.

     213,879         4,225,656   

ACS Actividades de Construccion y Servicios S.A.

     115,375         4,433,638   

Amadeus IT Holding S.A. Class A

     43,364         1,622,571   

Endesa S.A.

     152,495         6,026,720   

Gas Natural SDG S.A.

     155,026         4,564,951   

Repsol S.A.

     194,235         4,612,906   

Telefonica S.A.

     401,055         6,208,784   
     

 

 

 
Total Spain         31,695,226   
Sweden – 4.4%      

Hennes & Mauritz AB Class B

     89,216         3,706,813   

Sandvik AB(a)

     290,085         3,275,750   

Telefonaktiebolaget LM Ericsson Class B

     316,303         4,019,388   

TeliaSonera AB

     903,157         6,254,592   
     

 

 

 
Total Sweden         17,256,543   
Switzerland – 7.2%      

Givaudan S.A. Registered Shares*

     2,161         3,455,791   

Kuehne + Nagel International AG Registered Shares

     38,708         4,885,594   

Nestle S.A. Registered Shares

     43,312         3,184,372   

Novartis AG Registered Shares

     39,671         3,742,900   

Roche Holding AG Bearer Shares

     10,927         3,167,743   

Swisscom AG Registered Shares

     9,111         5,172,912   

Transocean Ltd.(a)

     149,718         4,840,177   
     

 

 

 
Total Switzerland         28,449,489   

 

See Notes to Financial Statements.

 

56   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree International Dividend ex-Financials Fund (DOO)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
United Kingdom – 24.7%      

Anglo American PLC

     171,515       $ 3,848,234   

Antofagasta PLC

     606,313         7,086,885   

AstraZeneca PLC

     72,525         5,222,045   

BAE Systems PLC

     754,958         5,770,690   

BHP Billiton PLC

     140,255         3,899,471   

BP PLC

     583,805         4,291,612   

British American Tobacco PLC

     74,664         4,214,667   

British Sky Broadcasting Group PLC

     273,225         3,906,720   

Centrica PLC

     1,084,006         5,409,082   

GlaxoSmithKline PLC

     213,645         4,893,934   

Imperial Tobacco Group PLC

     105,387         4,551,395   

National Grid PLC

     392,245         5,646,686   

Pearson PLC

     248,063         4,986,627   

Reed Elsevier PLC

     217,682         3,486,605   

Rio Tinto PLC

     88,412         4,345,023   

Royal Dutch Shell PLC Class A

     117,652         4,498,404   

SSE PLC

     244,761         6,138,408   

Tesco PLC

     1,183,816         3,573,445   

Unilever PLC

     88,483         3,708,033   

Vodafone Group PLC

     2,288,073         7,581,830   
     

 

 

 
Total United Kingdom         97,059,796   
TOTAL COMMON STOCKS
(Cost: $369,925,535)
         389,806,342   
EXCHANGE-TRADED FUNDS – 0.5%      
United States – 0.5%      

WisdomTree International LargeCap Dividend Fund(b)

     
(Cost: $2,129,471)      40,296         2,013,188   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 7.1%      
United States – 7.1%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(c)

     
(Cost: $27,847,700)(d)      27,847,700         27,847,700   
TOTAL INVESTMENTS IN SECURITIES – 106.7%
(Cost: $399,902,706)
         419,667,230   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (6.7)%

        (26,235,892
     

 

 

 
NET ASSETS – 100.0%       $ 393,431,338   
* 

Non-income producing security.

 

(a)

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

Affiliated company (See Note 7).

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(d)

At September 30, 2014, the total market value of the Fund’s securities on loan was $26,609,858 and the total market value of the collateral held by the Fund was $27,975,552. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $127,852.

CVA – Certificaten Van Aandelen (Certificate of Stock)

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      57   


Table of Contents

Schedule of Investments (unaudited)

WisdomTree International Hedged Dividend Growth Fund (IHDG)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 98.9%      
Australia – 8.1%      

Ainsworth Game Technology Ltd.

     2,178       $ 5,775   

Ansell Ltd.

     242         4,119   

BHP Billiton Ltd.

     11,434         338,880   

Brambles Ltd.

     5,307         44,210   

Crown Resorts Ltd.

     1,066         12,873   

CSL Ltd.

     521         33,814   

DuluxGroup Ltd.

     1,236         6,013   

Fortescue Metals Group Ltd.(a)

     16,335         49,743   

iiNET Ltd.

     1,579         11,247   

Incitec Pivot Ltd.

     10,118         23,994   

Magellan Financial Group Ltd.

     995         10,997   

Mineral Resources Ltd.(a)

     2,267         17,258   

NIB Holdings Ltd.

     5,431         13,829   

PanAust Ltd.

     2,669         4,554   

Ramsay Health Care Ltd.

     647         28,359   
     

 

 

 
Total Australia               605,665   
Austria – 0.0%      

CAT Oil AG

     178         3,393   
Belgium – 4.5%      

Anheuser-Busch InBev N.V.

     2,828         314,806   

Colruyt S.A.(a)

     300         13,220   

Melexis N.V.

     155         7,068   
     

 

 

 
Total Belgium               335,094   
China – 5.3%      

China Everbright International Ltd.

     2,000         2,648   

China Overseas Land & Investment Ltd.

     14,000         36,023   

China Resources Power Holdings Co., Ltd.

     12,000         32,376   

China South City Holdings Ltd.

     12,000         5,548   

CITIC Telecom International Holdings Ltd.

     10,000         3,748   

CNOOC Ltd.

     134,000         229,859   

Dah Chong Hong Holdings Ltd.

     5,000         2,891   

Franshion Properties China Ltd.

     36,000         8,762   

Guangdong Investment Ltd.

     12,000         14,017   

Lenovo Group Ltd.(a)

     16,000         23,819   

Sun Art Retail Group Ltd.

     23,000         26,006   

Yuexiu Property Co., Ltd.

     38,000         6,753   
     

 

 

 
Total China               392,450   
Denmark – 2.7%      

GN Store Nord A/S

     244         5,383   

Novo Nordisk A/S Class B

     3,651         174,722   

Novozymes A/S Class B

     150         6,509   

Pandora A/S

     123         9,645   

SimCorp A/S

     181         5,314   
     

 

 

 
Total Denmark               201,573   
Finland – 0.7%      

Kone Oyj Class B

     1,248         50,165   
France – 6.9%      

Airbus Group N.V.

     879         55,320   

Dassault Systemes S.A.

     230         14,777   

Essilor International S.A.

     229         25,150   
Investments    Shares      Value  
     

Eutelsat Communications S.A.

     621       $ 20,055   

Iliad S.A.

     25         5,293   

L’Oreal S.A.

     857         136,084   

LVMH Moet Hennessy Louis Vuitton S.A.

     786         127,788   

Plastic Omnium S.A.

     334         7,991   

Publicis Groupe S.A.

     401         27,542   

Safran S.A.

     797         51,730   

Societe BIC S.A.

     120         15,477   

Technip S.A.

     108         9,088   

Valeo S.A.

     62         6,901   

Zodiac Aerospace

     439         14,006   
     

 

 

 
Total France               517,202   
Germany – 11.9%      

adidas AG

     282         21,107   

BASF SE

     2,109         193,500   

Bilfinger SE(a)

     174         11,036   

Brenntag AG

     320         15,729   

Continental AG

     216         41,107   

CTS Eventim AG & Co. KGaA

     220         6,217   

Deutsche Post AG Registered Shares

     2,580         82,751   

ElringKlinger AG

     230         6,810   

Evonik Industries AG

     1,200         41,596   

Hamburger Hafen und Logistik AG

     271         6,475   

Hugo Boss AG

     180         22,502   

Infineon Technologies AG

     1,488         15,401   

Leoni AG

     48         2,621   

NORMA Group SE

     110         4,602   

ProSiebenSat.1 Media AG Registered Shares

     802         31,964   

SAP SE

     1,600         115,411   

Siemens AG Registered Shares

     1,924         229,366   

Software AG(a)

     180         4,461   

Symrise AG

     234         12,466   

Takkt AG

     256         4,369   

United Internet AG Registered Shares

     229         9,747   

Wincor Nixdorf AG

     140         7,173   
     

 

 

 
Total Germany               886,411   
Hong Kong – 1.6%      

Hong Kong & China Gas Co., Ltd.

     16,000         34,699   

Hong Kong Exchanges and Clearing Ltd.

     1,900         40,887   

Melco International Development Ltd.(a)

     1,000         2,313   

SJM Holdings Ltd.

     21,000         40,025   

Techtronic Industries Co.

     1,000         2,891   
     

 

 

 
Total Hong Kong               120,815   
Ireland – 0.2%      

Dragon Oil PLC

     1,031         10,289   

Kingspan Group PLC

     269         4,282   
     

 

 

 
Total Ireland               14,571   
Israel – 0.4%      

Israel Chemicals Ltd.

     3,713         26,705   
Italy – 1.0%      

Brembo SpA

     181         5,927   

Brunello Cucinelli SpA(a)

     172         3,590   

 

See Notes to Financial Statements.

 

58   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree International Hedged Dividend Growth Fund (IHDG)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Luxottica Group SpA

     605       $ 31,503   

Pirelli & C. SpA

     1,007         13,942   

Salvatore Ferragamo SpA

     385         10,578   

Tod’s SpA

     62         6,144   
     

 

 

 
Total Italy               71,684   
Japan – 8.6%      

Astellas Pharma, Inc.

     3,500         52,104   

FANUC Corp.

     200         36,118   

Fast Retailing Co., Ltd.

     60         20,077   

Fuji Heavy Industries Ltd.

     1,200         39,666   

Hitachi Ltd.

     6,000         45,809   

Isuzu Motors Ltd.

     1,000         14,130   

Japan Tobacco, Inc.

     3,700         120,315   

KDDI Corp.(a)

     1,400         84,144   

Kubota Corp.(a)

     1,200         18,953   

Makita Corp.

     200         11,304   

Marubeni Corp.(a)

     4,800         32,853   

Murata Manufacturing Co., Ltd.

     200         22,736   

Nabtesco Corp.(a)

     200         4,793   

Nomura Research Institute Ltd.

     400         12,927   

Oracle Corp.

     200         7,803   

Sanrio Co., Ltd.(a)

     200         5,798   

Santen Pharmaceutical Co., Ltd.

     200         11,195   

Seiko Epson Corp.

     200         9,608   

Shionogi & Co., Ltd.

     600         13,762   

SoftBank Corp.

     500         35,047   

Start Today Co., Ltd.

     200         4,352   

Sumitomo Metal Mining Co., Ltd.

     1,000         14,075   

Unicharm Corp.

     400         9,118   

Yahoo Japan Corp.

     5,000         19,007   
     

 

 

 
Total Japan               645,694   
Netherlands – 3.8%      

ASML Holding N.V.

     319         31,763   

Heineken N.V.

     654         48,942   

Koninklijke Ahold N.V.

     2,468         39,969   

Unilever N.V. CVA(a)

     4,141         164,937   
     

 

 

 
Total Netherlands               285,611   
New Zealand – 0.2%      

Fisher & Paykel Healthcare Corp., Ltd.

     1,115         4,511   

Mainfreight Ltd.

     325         3,782   

Ryman Healthcare Ltd.

     562         3,421   
     

 

 

 
Total New Zealand               11,714   
Norway – 2.2%      

Akastor ASA

     930         3,743   

Aker Solutions ASA*(b)

     930         9,267   

Schibsted ASA

     251         13,631   

Telenor ASA

     4,882         107,175   

Yara International ASA

     684         34,356   
     

 

 

 
Total Norway               168,172   
Portugal – 0.2%      

Jeronimo Martins, SGPS, S.A.

     1,164         12,819   
Investments    Shares      Value  
     
Singapore – 2.0%      

First Resources Ltd.

     2,000       $ 3,137   

Frasers Centrepoint Ltd.

     5,000         6,665   

Olam International Ltd.(a)

     4,000         7,371   

OSIM International Ltd.

     1,000         2,062   

Sembcorp Industries Ltd.

     4,000         16,247   

Sembcorp Marine Ltd.(a)

     5,000         14,663   

SIA Engineering Co., Ltd.

     4,000         14,459   

Singapore Exchange Ltd.

     4,000         22,677   

Singapore Post Ltd.

     6,000         8,445   

Singapore Technologies Engineering Ltd.

     10,300         29,480   

StarHub Ltd.

     7,000         22,614   

Super Group Ltd.(a)

     5,000         4,999   
     

 

 

 
Total Singapore               152,819   
Spain – 2.6%      

Amadeus IT Holding S.A. Class A

     621         23,236   

Distribuidora Internacional de Alimentacion S.A.

     1,223         8,781   

Grifols S.A. Class A

     118         4,836   

Inditex S.A.

     4,741         131,011   

Obrascon Huarte Lain S.A.

     234         7,829   

Tecnicas Reunidas S.A.

     157         8,328   

Viscofan S.A.

     156         8,553   
     

 

 

 
Total Spain               192,574   
Sweden – 4.0%      

AddTech AB Class B

     600         8,220   

Assa Abloy AB Class B

     445         23,002   

Atlas Copco AB Class A

     2,021         58,036   

Atlas Copco AB Class B

     450         11,699   

Betsson AB*

     398         14,135   

Getinge AB Class B

     376         9,498   

Hennes & Mauritz AB Class B

     4,022         167,109   

Hexpol AB

     112         8,965   
     

 

 

 
Total Sweden               300,664   
Switzerland – 12.7%      

ABB Ltd. Registered Shares*

     5,515         123,979   

Adecco S.A. Registered Shares*

     389         26,402   

Cie Financiere Richemont S.A. Registered Shares

     475         38,950   

EMS-Chemie Holding AG Registered Shares

     48         19,956   

Geberit AG Registered Shares

     65         21,007   

Givaudan S.A. Registered Shares*

     22         35,182   

Partners Group Holding AG

     61         16,056   

Roche Holding AG Bearer Shares

     337         97,696   

Roche Holding AG Genusschein

     1,465         434,057   

SGS S.A. Registered Shares

     17         35,245   

Sonova Holding AG Registered Shares

     77         12,297   

Straumann Holding AG Registered Shares

     23         5,214   

Swatch Group AG (The) Bearer Shares

     36         17,109   

Syngenta AG Registered Shares

     208         66,242   
     

 

 

 
Total Switzerland               949,392   
United Kingdom – 19.3%      

Abcam PLC

     651         4,245   

Admiral Group PLC

     612         12,729   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      59   


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree International Hedged Dividend Growth Fund (IHDG)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Aggreko PLC

     317       $ 7,955   

AMEC PLC

     801         14,336   

ARM Holdings PLC

     486         7,138   

Ashtead Group PLC

     517         8,742   

Bellway PLC

     260         6,605   

Berkeley Group Holdings PLC

     605         22,068   

BG Group PLC

     2,817         52,061   

BHP Billiton PLC

     4,584         127,448   

Bodycote PLC

     480         5,202   

Booker Group PLC

     2,974         5,892   

British American Tobacco PLC

     4,407         248,768   

British Sky Broadcasting Group PLC

     3,349         47,886   

Diageo PLC

     3,692         106,837   

Dunelm Group PLC

     329         4,400   

Elementis PLC

     905         3,749   

Fresnillo PLC(a)

     448         5,520   

GlaxoSmithKline PLC

     11,387         260,840   

Hargreaves Lansdown PLC

     439         6,725   

Hikma Pharmaceuticals PLC

     175         4,917   

Howden Joinery Group PLC

     1,225         6,734   

IMI PLC

     563         11,226   

John Wood Group PLC

     486         5,984   

Johnson Matthey PLC

     264         12,493   

Marks & Spencer Group PLC

     3,970         26,040   

Michael Page International PLC

     844         5,727   

Micro Focus International PLC

     334         5,740   

Morgan Advanced Materials PLC

     1,005         4,836   

N Brown Group PLC

     811         5,018   

Next PLC

     181         19,381   

Persimmon PLC*

     1,087         23,508   

Premier Oil PLC

     469         2,532   

Reckitt Benckiser Group PLC

     1,121         97,226   

Restaurant Group PLC (The)

     570         6,029   

Rightmove PLC

     203         7,082   

Rolls-Royce Holdings PLC*

     2,190         34,243   

Rotork PLC

     142         6,365   

Smith & Nephew PLC

     960         16,186   

Spectris PLC

     190         5,569   

Spirax-Sarco Engineering PLC

     154         7,055   

Taylor Wimpey PLC

     1,518         2,776   

Telecity Group PLC

     354         4,293   

Travis Perkins PLC

     413         11,141   

Unilever PLC

     2,510         105,186   

Victrex PLC

     204         5,311   

Weir Group PLC (The)

     282         11,438   

Whitbread PLC

     230         15,489   

William Hill PLC

     2,262         13,561   
     

 

 

 
Total United Kingdom               1,442,232   

TOTAL COMMON STOCKS

(Cost: $7,890,447)

              7,387,419   
RIGHTS – 0.0%      
China – 0.0%      

Yuexiu Property Co., Ltd., expiring 10/14/14*

     
(Cost $0)      10,560         163   
Investments    Shares      Value  
     
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.2%      
United States – 3.2%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(c)

     
(Cost: $239,866)(d)      239,866       $ 239,866   

TOTAL INVESTMENTS IN SECURITIES – 102.1%

(Cost: $8,130,313)

        7,627,448   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (2.1)%

        (154,548
     

 

 

 
NET ASSETS – 100.0%             $ 7,472,900   
* 

Non-income producing security.

 

(a)

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b)

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

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(d)

At September 30, 2014, the total market value of the Fund’s securities on loan was $229,411 and the total market value of the collateral held by the Fund was $241,624. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $1,758.

CVA – Certificaten Van Aandelen (Certificate of Stock)

 

See Notes to Financial Statements.

 

60   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited)

WisdomTree International LargeCap Dividend Fund (DOL)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 99.5%      
Australia – 10.6%      

AMP Ltd.

     85,055       $ 406,373   

Australia & New Zealand Banking Group Ltd.

     155,053         4,195,198   

BHP Billiton Ltd.

     125,731         3,726,408   

Brambles Ltd.

     32,878         273,889   

Commonwealth Bank of Australia

     92,794         6,113,501   

CSL Ltd.

     10         649   

Macquarie Group Ltd.

     13,839         697,404   

National Australia Bank Ltd.

     140,495         4,000,472   

Origin Energy Ltd.

     13,668         179,044   

QBE Insurance Group Ltd.

     25,585         261,046   

Rio Tinto Ltd.

     16,737         872,591   

Suncorp Group Ltd.

     65,314         802,428   

Telstra Corp., Ltd.

     835,304         3,873,943   

Wesfarmers Ltd.

     61,219         2,258,498   

Westpac Banking Corp.(a)

     205,164         5,770,054   

Woodside Petroleum Ltd.

     29,629         1,052,630   

Woolworths Ltd.

     53,106         1,591,147   
     

 

 

 
Total Australia         36,075,275   
Austria – 0.1%      

Erste Group Bank AG

     8,577         196,491   

OMV AG

     46         1,548   
     

 

 

 
Total Austria         198,039   
Belgium – 1.1%      

Anheuser-Busch InBev N.V.

     30,314         3,374,481   

Solvay S.A.

     3,017         464,588   
     

 

 

 
Total Belgium         3,839,069   
China – 3.7%      

BOC Hong Kong Holdings Ltd.(a)

     332,715         1,060,475   

China Mobile Ltd.

     703,486         8,130,979   

China Overseas Land & Investment Ltd.

     146,000         375,666   

China Unicom Hong Kong Ltd.

     191,522         286,108   

CNOOC Ltd.

     1,618,529         2,776,372   
     

 

 

 
Total China         12,629,600   
Denmark – 0.7%      

AP Moeller – Maersk A/S Class B

     94         223,327   

Coloplast A/S Class B

     3,155         264,492   

Danske Bank A/S

     4,777         129,868   

Novo Nordisk A/S Class B

     38,785         1,856,088   
     

 

 

 
Total Denmark         2,473,775   
Finland – 0.7%      

Fortum Oyj

     54,577         1,331,316   

Kone Oyj Class B

     19,172         770,650   

Sampo Oyj Class A

     7,420         359,935   
     

 

 

 
Total Finland         2,461,901   
France – 11.9%      

Air Liquide S.A.

     8,469         1,033,151   

Airbus Group N.V.

     13,716         863,218   

AXA S.A.

     78,743         1,940,700   

BNP Paribas S.A.

     24,026         1,594,026   
Investments    Shares      Value  
     

Bouygues S.A.

     8,834       $ 286,410   

Bureau Veritas S.A.

     8,160         180,341   

Carrefour S.A.

     31,593         976,195   

Casino Guichard Perrachon S.A.

     6,156         663,108   

Christian Dior S.A.

     2,638         442,217   

Cie de Saint-Gobain

     16,660         762,592   

Cie Generale des Etablissements Michelin

     3,524         332,452   

Credit Agricole S.A.

     22,513         339,710   

Danone S.A.

     13,231         885,845   

Electricite de France S.A.

     68,109         2,234,425   

Essilor International S.A.

     3,104         340,903   

GDF Suez

     145,367         3,646,988   

Kering

     2,711         546,749   

L’Oreal S.A.

     7,918         1,257,303   

Lafarge S.A.

     1,725         124,253   

LVMH Moet Hennessy Louis Vuitton S.A.

     8,634         1,403,718   

Natixis(a)

     61,714         424,727   

Orange S.A.

     185,269         2,786,259   

Pernod Ricard S.A.

     5,591         633,112   

Publicis Groupe S.A.

     2,191         150,484   

Renault S.A.

     5,173         374,770   

Safran S.A.

     9,897         642,372   

Sanofi

     39,885         4,512,456   

Schneider Electric SE

     13,713         1,053,235   

Societe Generale S.A.

     8,567         437,436   

Sodexo

     2,116         207,107   

Total S.A.(a)

     105,901         6,882,952   

Unibail-Rodamco SE

     1,893         487,114   

Vinci S.A.

     20,311         1,180,390   

Vivendi S.A.

     36,043         870,559   
     

 

 

 
Total France         40,497,277   
Germany – 8.1%      

adidas AG

     5,727         428,652   

Allianz SE Registered Shares

     12,924         2,095,473   

BASF SE

     27,026         2,479,631   

Bayer AG Registered Shares

     17,815         2,495,782   

Bayerische Motoren Werke AG

     18,004         1,933,657   

Continental AG

     2,131         405,548   

Daimler AG Registered Shares

     37,889         2,906,737   

Deutsche Bank AG Registered Shares

     3,499         122,769   

Deutsche Boerse AG

     7,428         500,418   

Deutsche Post AG Registered Shares

     52,769         1,692,508   

Deutsche Telekom AG Registered Shares

     198,747         3,012,806   

E.ON SE

     13,672         250,345   

Evonik Industries AG(a)

     11,989         415,582   

Fresenius Medical Care AG & Co. KGaA

     9         629   

Linde AG

     4,998         960,633   

Merck KGaA

     4         369   

Muenchener Rueckversicherungs AG Registered Shares

     8,683         1,717,165   

RWE AG

     14,649         570,982   

SAP SE

     18,023         1,300,027   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      61   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree International LargeCap Dividend Fund (DOL)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Siemens AG Registered Shares

     25,635       $ 3,056,022   

Volkswagen AG

     5,176         1,074,289   
     

 

 

 
Total Germany         27,420,024   
Hong Kong – 2.7%      

Cheung Kong Holdings Ltd.

     91,000         1,498,873   

CLP Holdings Ltd.

     1,000         8,029   

Hang Lung Properties Ltd.

     93,000         264,684   

Hang Seng Bank Ltd.

     73,495         1,180,259   

Henderson Land Development Co., Ltd.

     1,100         7,125   

Hong Kong & China Gas Co., Ltd.

     165,000         357,832   

Hong Kong Exchanges and Clearing Ltd.

     38,100         819,888   

Hutchison Whampoa Ltd.

     115,000         1,392,126   

MTR Corp., Ltd.

     147,000         575,498   

Power Assets Holdings Ltd.

     67,500         596,757   

SJM Holdings Ltd.

     236,699         451,140   

Sun Hung Kai Properties Ltd.

     93,442         1,324,898   

Swire Properties Ltd.

     52,800         164,552   

Wharf Holdings Ltd. (The)

     59,000         419,415   
     

 

 

 
Total Hong Kong         9,061,076   
Ireland – 0.1%      

CRH PLC

     17,918         409,574   
Israel – 0.4%      

Teva Pharmaceutical Industries Ltd.

     24,563         1,324,649   
Italy – 2.9%      

Assicurazioni Generali SpA

     23,349         491,397   

Atlantia SpA

     9,210         227,455   

Enel SpA

     455,613         2,418,474   

Eni SpA

     164,773         3,927,781   

Intesa Sanpaolo SpA

     293,655         892,529   

Luxottica Group SpA

     5,779         300,919   

Snam SpA

     183,676         1,016,286   

UniCredit SpA

     67,134         530,892   
     

 

 

 
Total Italy         9,805,733   
Japan – 10.5%      

Astellas Pharma, Inc.

     71,300         1,061,424   

Bridgestone Corp.

     11,000         363,207   

Canon, Inc.

     47,900         1,559,113   

Dai-ichi Life Insurance Co., Ltd. (The)(a)

     15,800         234,490   

Daiwa Securities Group, Inc.(a)

     42,000         332,684   

Denso Corp.

     14,300         658,977   

East Japan Railway Co.

     7,100         532,039   

FANUC Corp.

     2,500         451,479   

Fuji Heavy Industries Ltd.(a)

     7,700         254,526   

FUJIFILM Holdings Corp.

     9,000         276,494   

Hitachi Ltd.

     86,000         656,593   

Honda Motor Co., Ltd.(a)

     39,800         1,378,732   

ITOCHU Corp.(a)

     59,700         729,277   

Japan Tobacco, Inc.(a)

     41,109         1,336,759   

Kao Corp.

     16,400         639,360   

KDDI Corp.

     13,940         837,836   

Kirin Holdings Co., Ltd.

     22,800         302,732   

Komatsu Ltd.(a)

     23,300         538,771   

Kubota Corp.(a)

     21,000         331,670   
Investments    Shares      Value  
     

Kyocera Corp.(a)

     9,000       $ 419,335   

Mitsubishi Corp.(a)

     51,800         1,060,603   

Mitsubishi Electric Corp.

     21,000         279,598   

Mitsubishi Heavy Industries Ltd.

     59,000         379,510   

Mitsubishi UFJ Financial Group, Inc.

     277,600         1,569,511   

Mitsui & Co., Ltd.(a)

     62,300         982,249   

Mizuho Financial Group, Inc.(a)

     521,698         931,680   

MS&AD Insurance Group Holdings, Inc.(a)

     11,500         250,820   

Murata Manufacturing Co., Ltd.

     2,500         284,197   

Nippon Steel & Sumitomo Metal Corp.(a)

     156,000         404,737   

Nippon Telegraph & Telephone Corp.

     37,694         2,343,870   

Nissan Motor Co., Ltd.(a)

     135,100         1,316,577   

Nomura Holdings, Inc.

     68,900         410,655   

NTT DOCOMO, Inc.(a)

     105,400         1,758,829   

Oriental Land Co., Ltd.

     700         132,317   

Panasonic Corp.(a)

     17,600         209,300   

Seven & I Holdings Co., Ltd.

     6,400         248,194   

Shin-Etsu Chemical Co., Ltd.

     7,700         503,155   

SoftBank Corp.

     6,400         448,604   

Sumitomo Corp.(a)

     47,300         521,962   

Sumitomo Mitsui Financial Group, Inc.(a)

     29,400         1,198,299   

Sumitomo Mitsui Trust Holdings, Inc.(a)

     65,000         270,500   

Takeda Pharmaceutical Co., Ltd.(a)

     25,000         1,086,649   

Tokio Marine Holdings, Inc.

     13,000         403,232   

Tokyo Gas Co., Ltd.

     51,000         286,627   

Toshiba Corp.(a)

     78,000         361,362   

Toyota Motor Corp.

     82,300         4,848,944   

Yahoo Japan Corp.(a)

     42,700         162,322   
     

 

 

 
Total Japan         35,549,801   
Netherlands – 1.8%      

Aegon N.V.

     40,578         334,831   

Akzo Nobel N.V.

     4,216         288,928   

ASML Holding N.V.(a)

     3,565         354,965   

Heineken N.V.

     15,041         1,125,592   

Koninklijke Ahold N.V.

     36,967         598,676   

Koninklijke DSM N.V.

     3,826         236,126   

Koninklijke Philips N.V.

     28,775         918,383   

Reed Elsevier N.V.

     14,652         332,609   

Unilever N.V. CVA(a)

     45,267         1,802,997   
     

 

 

 
Total Netherlands         5,993,107   
Norway – 1.6%      

DNB ASA

     52,707         987,218   

Statoil ASA

     103,571         2,825,213   

Telenor ASA

     68,611         1,506,232   
     

 

 

 
Total Norway         5,318,663   
Portugal – 0.4%      

EDP-Energias de Portugal S.A.

     194,698         849,765   

Galp Energia, SGPS, S.A.

     18,535         301,342   
     

 

 

 
Total Portugal         1,151,107   
Singapore – 1.4%      

DBS Group Holdings Ltd.

     45,000         649,965   

Keppel Corp., Ltd.

     45,000         370,501   

 

See Notes to Financial Statements.

 

62   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree International LargeCap Dividend Fund (DOL)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Oversea-Chinese Banking Corp., Ltd.(a)

     105,561       $ 806,213   

Singapore Telecommunications Ltd.

     784,500         2,337,567   

United Overseas Bank Ltd.

     28,000         491,806   

Wilmar International Ltd.(a)

     82,000         198,683   
     

 

 

 
Total Singapore         4,854,735   
Spain – 6.4%      

Abertis Infraestructuras S.A.

     18,273         361,024   

Amadeus IT Holding S.A. Class A

     21         786   

Banco Bilbao Vizcaya Argentaria S.A.

     99,419         1,199,520   

Banco Santander S.A.

     774,403         7,445,571   

CaixaBank S.A.

     304,509         1,854,499   

CaixaBank S.A.(a)

     3,297         20,079   

Endesa S.A.

     36,848         1,456,262   

Ferrovial S.A.

     32,188         624,357   

Gas Natural SDG S.A.(a)

     50,780         1,495,286   

Iberdrola S.A.

     251,106         1,798,577   

Inditex S.A.

     51,518         1,423,627   

Repsol S.A.

     58,127         1,380,464   

Telefonica S.A.

     180,334         2,791,774   
     

 

 

 
Total Spain         21,851,826   
Sweden – 3.1%      

Atlas Copco AB Class A(a)

     26,865         771,469   

Hennes & Mauritz AB Class B

     47,529         1,974,771   

Nordea Bank AB

     114,527         1,491,882   

Sandvik AB(a)

     51,082         576,837   

Skandinaviska Enskilda Banken AB Class A

     29,677         396,879   

Svenska Cellulosa AB SCA Class B

     8,534         203,749   

Svenska Handelsbanken AB Class A

     19,999         941,910   

Swedbank AB Class A

     42,290         1,065,992   

Telefonaktiebolaget LM Ericsson Class B

     109,004         1,385,157   

TeliaSonera AB

     155,855         1,079,335   

Volvo AB Class B

     51,492         560,394   
     

 

 

 
Total Sweden         10,448,375   
Switzerland – 9.4%      

ABB Ltd. Registered Shares*

     66,725         1,500,003   

Cie Financiere Richemont S.A. Registered Shares

     4,532         371,619   

Credit Suisse Group AG Registered Shares*

     27,089         750,440   

Givaudan S.A. Registered Shares*

     197         315,035   

Holcim Ltd. Registered Shares*

     3,262         237,780   

Kuehne + Nagel International AG Registered Shares

     4,192         529,100   

Nestle S.A. Registered Shares

     85,124         6,258,463   

Novartis AG Registered Shares

     80,703         7,614,208   

Roche Holding AG Bearer Shares

     371         107,553   

Roche Holding AG Genusschein

     20,686         6,128,945   

SGS S.A. Registered Shares

     192         398,066   

Swatch Group AG (The) Bearer Shares

     762         362,139   

Swatch Group AG (The) Registered Shares

     5         437   

Swiss Re AG*

     24,920         1,986,037   

Swisscom AG Registered Shares

     2,505         1,422,253   

Syngenta AG Registered Shares

     2,660         847,136   

Transocean Ltd.(a)

     21,971         710,292   
Investments    Shares      Value  
     

UBS AG Registered Shares*

     27,544       $ 480,254   

Zurich Insurance Group AG*

     6,308         1,880,187   
     

 

 

 
Total Switzerland         31,899,947   
United Kingdom – 21.9%      

Anglo American PLC

     45,534         1,021,633   

Antofagasta PLC

     66,949         782,533   

Associated British Foods PLC

     21,828         948,003   

AstraZeneca PLC

     55,193         3,974,083   

Aviva PLC

     170,292         1,445,221   

BAE Systems PLC

     152,223         1,163,550   

Barclays PLC

     291,521         1,074,927   

BG Group PLC

     37,847         699,455   

BHP Billiton PLC

     70,915         1,971,630   

BP PLC

     767,455         5,641,643   

British American Tobacco PLC

     61,460         3,469,322   

British Sky Broadcasting Group PLC

     60,718         868,179   

BT Group PLC

     268,203         1,650,491   

Centrica PLC

     235,719         1,176,214   

Compass Group PLC

     78,794         1,272,898   

Diageo PLC

     44,584         1,290,151   

GlaxoSmithKline PLC

     210,575         4,823,610   

HSBC Holdings PLC

     672,643         6,827,341   

Imperial Tobacco Group PLC

     33,936         1,465,609   

Kingfisher PLC

     81         425   

Legal & General Group PLC

     319,237         1,184,629   

National Grid PLC

     142,444         2,050,597   

Old Mutual PLC

     203,603         599,739   

Pearson PLC

     32,123         645,745   

Prudential PLC

     60,947         1,359,546   

Reckitt Benckiser Group PLC

     23,211         2,013,126   

Reed Elsevier PLC

     9,466         151,617   

Rio Tinto PLC

     49,963         2,455,440   

Rolls-Royce Holdings PLC*

     24,813         387,976   

Royal Dutch Shell PLC Class A

     163,486         6,250,859   

Royal Dutch Shell PLC Class B

     94,285         3,724,958   

SABMiller PLC

     19,946         1,108,460   

SSE PLC

     57,387         1,439,220   

Standard Chartered PLC

     68,853         1,273,038   

Standard Life PLC

     83         558   

Tesco PLC

     352,955         1,065,423   

Unilever PLC

     41,449         1,736,992   

Vodafone Group PLC

     1,636,966         5,424,301   
     

 

 

 
Total United Kingdom               74,439,142   
TOTAL COMMON STOCKS
(Cost: $295,981,797)
              337,702,695   
EXCHANGE-TRADED FUNDS – 0.2%      
United States – 0.2%      

WisdomTree International MidCap Dividend Fund(b)

     
(Cost $517,900)      8,766         496,331   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      63   


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree International LargeCap Dividend Fund (DOL)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
RIGHTS – 0.0%      
Spain – 0.0%      

Banco Bilbao Vizcaya Argentaria S.A., expiring 10/13/14*(a)

     
(Cost $10,090)      99,419       $ 9,921   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 6.7%      
United States – 6.7%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(c)

     
(Cost: $22,877,995)(d)      22,877,995         22,877,995   

TOTAL INVESTMENTS IN SECURITIES – 106.4%

(Cost: $319,387,782)

        361,086,942   

Liabilities in Excess of Cash,
Foreign Currency and Other Assets – (6.4)%

        (21,707,421
     

 

 

 
NET ASSETS – 100.0%             $ 339,379,521   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

Affiliated company (See Note 7).

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(d) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $21,792,759 and the total market value of the collateral held by the Fund was $22,928,299. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $50,304.

CVA – Certificaten Van Aandelen (Certificate of Stock)

 

See Notes to Financial Statements.

 

64   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 99.5%      
Australia – 9.3%      

AGL Energy Ltd.

     40,306       $ 477,553   

ALS Ltd.(a)

     31,617         145,802   

Amcor Ltd.

     54,484         540,171   

Ansell Ltd.

     7,927         134,915   

Aristocrat Leisure Ltd.

     14,423         73,706   

ASX Ltd.

     16,884         529,808   

Aurizon Holdings Ltd.

     117,562         466,013   

Bank of Queensland Ltd.

     42,610         434,008   

Bendigo & Adelaide Bank Ltd.(a)

     60,435         630,373   

Boral Ltd.(a)

     16,965         73,781   

Caltex Australia Ltd.(a)

     15,562         381,155   

Coca-Cola Amatil Ltd.(a)

     90,958         698,825   

Cochlear Ltd.(a)

     2,012         122,379   

Computershare Ltd.

     24,330         258,886   

Crown Resorts Ltd.(a)

     46,166         557,486   

Flight Centre Travel Group Ltd.(a)

     8,032         300,464   

Fortescue Metals Group Ltd.(a)

     296,015         901,417   

Harvey Norman Holdings Ltd.(a)

     51,373         163,183   

Incitec Pivot Ltd.

     55,444         131,479   

Insurance Australia Group Ltd.

     272,449         1,459,048   

Leighton Holdings Ltd.

     29,905         505,049   

Lend Lease Group

     36,913         463,192   

Navitas Ltd.

     10,557         46,189   

Orica Ltd.

     34,419         569,237   

Platinum Asset Management Ltd.

     57,064         302,599   

Ramsay Health Care Ltd.

     12,049         528,123   

REA Group Ltd.

     6,032         228,445   

Santos Ltd.

     38,672         462,592   

Seek Ltd.

     17,395         246,740   

Sonic Healthcare Ltd.

     26,177         401,774   

Tatts Group Ltd.

     170,594         470,226   

Toll Holdings Ltd.(a)

     70,464         347,760   

TPG Telecom Ltd.

     29,201         174,778   

Treasury Wine Estates Ltd.(a)

     24,942         92,540   

WorleyParsons Ltd.

     12,802         171,845   
     

 

 

 
Total Australia               13,491,541   
Austria – 1.3%      

Andritz AG

     3,821         203,791   

Oesterreichische Post AG

     3,879         186,059   

Raiffeisen Bank International AG

     11,085         241,134   

UNIQA Insurance Group AG

     16,549         189,404   

Verbund AG(a)

     19,613         395,055   

Vienna Insurance Group AG Wiener Versicherung Gruppe

     5,857         264,546   

Voestalpine AG

     8,840         349,531   
     

 

 

 
Total Austria               1,829,520   
Belgium – 2.5%      

Ackermans & van Haaren N.V.

     425         52,534   

Ageas

     16,573         550,299   

Belgacom S.A.(a)

     48,528         1,689,510   

bpost S.A.

     15,008         358,322   

Colruyt S.A.(a)

     5,973         263,221   
Investments    Shares      Value  
     

Delhaize Group S.A.

     4,686       $ 326,051   

Elia System Operator S.A./N.V.

     2,476         118,966   

Umicore S.A.(a)

     5,328         233,114   
     

 

 

 
Total Belgium               3,592,017   
China – 2.6%      

Beijing Enterprises Holdings Ltd.

     23,200         198,833   

China Everbright International Ltd.

     48,000         63,546   

China Merchants Holdings International Co., Ltd.(a)

     110,200         340,601   

China Resources Power Holdings Co., Ltd.

     248,000         669,096   

China South City Holdings Ltd.

     216,000         99,862   

CITIC Ltd.(a)

     144,773         241,627   

Fosun International Ltd.(a)

     229,400         275,336   

Franshion Properties China Ltd.

     689,242         167,759   

Guangdong Investment Ltd.(a)

     306,208         357,665   

Lenovo Group Ltd.(a)

     322,453         480,040   

Shanghai Industrial Holdings Ltd.

     23,500         69,606   

Sino-Ocean Land Holdings Ltd.

     608,964         320,751   

Sun Art Retail Group Ltd.

     449,000         507,685   
     

 

 

 
Total China               3,792,407   
Denmark – 1.4%      

Carlsberg A/S Class B

     2,325         206,747   

Chr Hansen Holding A/S

     3,134         121,154   

DSV A/S

     1,638         46,143   

GN Store Nord A/S

     2,091         46,130   

H. Lundbeck A/S

     5,406         120,731   

Pandora A/S

     4,563         357,826   

TDC A/S

     99,590         756,470   

Tryg A/S

     4,113         427,165   
     

 

 

 
Total Denmark               2,082,366   
Finland – 2.4%      

Elisa Oyj

     17,165         455,791   

Kesko Oyj Class B

     3,516         125,919   

Metso Oyj

     5,600         199,492   

Neste Oil Oyj(a)

     16,221         334,006   

Nokian Renkaat Oyj(a)

     9,294         280,367   

Orion Oyj Class B

     10,065         394,153   

Pohjola Bank Oyj Class A

     17,514         356,869   

Stora Enso Oyj Class R

     42,617         355,586   

UPM-Kymmene Oyj(a)

     45,424         648,989   

Wartsila Oyj Abp

     7,901         353,625   
     

 

 

 
Total Finland               3,504,797   
France – 6.7%      

Accor S.A.

     7,416         328,966   

Aeroports de Paris

     3,028         362,507   

Arkema S.A.

     2,151         144,340   

AtoS

     913         66,168   

Cap Gemini S.A.

     5,851         420,046   

Edenred

     11,024         272,046   

Eiffage S.A.

     5,027         280,432   

Euler Hermes Group

     4,528         483,340   

Eurazeo S.A.

     1,341         96,525   

Eutelsat Communications S.A.

     12,184         393,482   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      65   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Groupe Eurotunnel S.A. Registered Shares

     8,423       $ 102,913   

Havas S.A.

     14,497         112,096   

Imerys S.A.

     3,526         260,037   

Ingenico(a)

     573         58,544   

Ipsen S.A.

     3,416         168,036   

JCDecaux S.A.

     6,966         219,951   

Klepierre

     12,244         536,249   

Lagardere SCA

     4,487         120,109   

Metropole Television S.A.

     9,200         148,644   

Neopost S.A.

     2,754         202,442   

Rallye S.A.

     2,906         126,980   

Remy Cointreau S.A.(a)

     1,665         119,889   

Rexel S.A.

     17,342         323,680   

Rubis SCA

     1,271         73,199   

SCOR SE

     14,355         448,543   

SEB S.A.

     1,611         121,536   

Societe BIC S.A.

     2,904         374,552   

Societe Television Francaise 1(a)

     10,704         144,413   

Suez Environnement Co.

     33,496         566,794   

Technip S.A.

     3,935         331,111   

Thales S.A.

     7,756         413,221   

Valeo S.A.

     3,613         402,145   

Vallourec S.A.(a)

     4,194         192,903   

Veolia Environnement S.A.

     45,291         799,850   

Vicat

     1,486         96,225   

Wendel S.A.

     701         79,486   

Zodiac Aerospace

     11,236         358,466   
     

 

 

 
Total France               9,749,866   
Germany – 5.4%      

Axel Springer SE

     6,573         361,943   

Bilfinger SE(a)

     2,703         171,445   

Brenntag AG

     3,312         162,795   

Celesio AG

     3,270         108,806   

Deutsche Lufthansa AG Registered Shares

     16,816         265,641   

Deutsche Wohnen AG Bearer Shares

     7,547         161,311   

DMG MORI SEIKI AG

     1,888         53,388   

Duerr AG

     821         59,977   

Fielmann AG

     4,674         286,926   

Fraport AG Frankfurt Airport Services Worldwide(a)

     3,385         222,614   

Freenet AG

     14,708         382,838   

GEA Group AG

     7,380         322,056   

Hannover Rueck SE

     7,678         620,945   

Hochtief AG

     1,963         135,172   

Hugo Boss AG

     3,591         448,915   

K+S AG Registered Shares

     1,945         55,172   

LEG Immobilien AG*

     1,858         128,786   

MTU Aero Engines AG

     1,326         113,235   

ProSiebenSat.1 Media AG Registered Shares

     12,953         516,249   

Rhoen Klinikum AG

     4,354         132,114   

Software AG(a)

     2,480         61,467   

Stada Arzneimittel AG

     1,778         70,762   

Suedzucker AG(a)

     24,108         378,853   

Symrise AG

     6,685         356,118   

Talanx AG*

     14,754         491,018   
Investments    Shares      Value  
     

Telefonica Deutschland Holding AG(a)

     247,060       $ 1,292,088   

United Internet AG Registered Shares

     8,133         346,183   

Wacker Chemie AG(a)

     1,365         165,209   
     

 

 

 
Total Germany               7,872,026   
Hong Kong – 2.4%      

Bank of East Asia Ltd.

     124,522         504,336   

Cathay Pacific Airways Ltd.

     111,774         205,840   

CSPC Pharmaceutical Group Ltd.

     94,000         77,838   

Hang Lung Group Ltd.

     36,000         178,259   

Hopewell Holdings Ltd.

     41,162         144,185   

Hysan Development Co., Ltd.

     66,000         305,135   

Melco International Development Ltd.(a)

     19,000         43,945   

New World Development Co., Ltd.

     238,642         277,823   

PCCW Ltd.

     539,543         339,077   

Sino Land Co., Ltd.

     367,046         567,224   

Techtronic Industries Co.

     26,500         76,615   

Television Broadcasts Ltd.(a)

     41,224         246,067   

Wheelock & Co., Ltd.

     108,000         516,001   
     

 

 

 
Total Hong Kong               3,482,345   
Ireland – 0.5%      

DCC PLC

     3,975         220,516   

Dragon Oil PLC

     20,787         207,448   

Glanbia PLC

     3,525         50,897   

Paddy Power PLC

     2,033         146,823   

Smurfit Kappa Group PLC

     7,715         169,142   
     

 

 

 
Total Ireland               794,826   
Israel – 1.2%      

Azrieli Group

     2,307         79,206   

Bank Hapoalim BM

     12,779         72,037   

Bezeq Israeli Telecommunication Corp., Ltd.

     492,812         850,801   

Elbit Systems Ltd.

     973         60,316   

Israel Chemicals Ltd.

     76,543         550,520   

Osem Investments Ltd.

     3,051         65,458   
     

 

 

 
Total Israel               1,678,338   
Italy – 3.1%      

A2A SpA(a)

     157,558         156,243   

ACEA SpA

     8,526         103,504   

Azimut Holding SpA

     5,937         150,223   

Banca Generali SpA

     5,256         138,968   

Davide Campari-Milano SpA(a)

     12,184         87,962   

De’ Longhi

     8,696         175,104   

GTECH SpA(a)

     10,564         251,019   

Hera SpA

     100,665         266,538   

Italcementi SpA

     9,130         58,590   

Mediolanum SpA

     44,021         312,525   

Moncler SpA

     3,799         54,230   

Parmalat SpA

     76,913         242,901   

Pirelli & C. SpA

     22,334         309,219   

Prysmian SpA

     7,623         141,654   

Recordati SpA

     6,486         106,351   

Salvatore Ferragamo SpA

     4,431         121,745   

Societa Iniziative Autostradali e Servizi SpA

     19,580         210,490   

 

See Notes to Financial Statements.

 

66   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Telecom Italia SpA RSP

     232,662       $ 206,766   

Terna Rete Elettrica Nazionale SpA

     172,737         868,912   

Tod’s SpA(a)

     1,310         129,824   

Unione di Banche Italiane SCpA(a)

     12,562         105,687   

Unipol Gruppo Finanziario SpA

     22,189         107,412   

UnipolSai SpA

     69,549         196,801   
     

 

 

 
Total Italy               4,502,668   
Japan – 22.0%      

ABC-Mart, Inc.(a)

     1,678         85,663   

Aeon Co., Ltd.(a)

     27,399         272,754   

Air Water, Inc.

     7,000         104,143   

Aisin Seiki Co., Ltd.

     10,924         393,860   

Ajinomoto Co., Inc.

     10,319         171,678   

Alfresa Holdings Corp.(a)

     5,600         80,711   

Amada Co., Ltd.(a)

     13,600         129,559   

ANA Holdings, Inc.

     30,000         69,766   

Aozora Bank Ltd.(a)

     124,000         419,381   

Asahi Glass Co., Ltd.(a)

     30,141         163,379   

Asahi Kasei Corp.(a)

     53,000         430,204   

Asics Corp.

     3,230         72,759   

Bandai Namco Holdings, Inc.

     11,500         295,114   

Bank of Yokohama Ltd. (The)

     41,000         225,454   

Benesse Holdings, Inc.(a)

     3,100         101,737   

Brother Industries Ltd.(a)

     9,100         168,320   

Casio Computer Co., Ltd.(a)

     5,600         93,321   

Chiba Bank Ltd. (The)

     32,000         222,581   

Chugoku Bank Ltd. (The)(a)

     6,500         95,460   

Chugoku Electric Power Co., Inc. (The)(a)

     20,100         257,629   

Citizen Holdings Co., Ltd.

     8,800         57,680   

Dai Nippon Printing Co., Ltd.(a)

     27,958         280,230   

Daicel Corp.

     8,000         86,859   

Daihatsu Motor Co., Ltd.(a)

     20,300         322,187   

Daiichi Sankyo Co., Ltd.(a)

     35,500         556,958   

Daito Trust Construction Co., Ltd.

     4,620         545,623   

Daiwa House Industry Co., Ltd.(a)

     23,000         412,530   

Dentsu, Inc.

     2,700         102,762   

Dowa Holdings Co., Ltd.

     10,000         83,231   

Eisai Co., Ltd.(a)

     15,600         630,712   

Electric Power Development Co., Ltd.(a)

     6,200         202,625   

FamilyMart Co., Ltd.(a)

     4,200         160,235   

Fuji Electric Co., Ltd.

     22,876         110,736   

Fukuoka Financial Group, Inc.(a)

     49,000         233,620   

Hachijuni Bank Ltd. (The)(a)

     14,000         84,106   

Hamamatsu Photonics K.K.(a)

     2,300         109,239   

Hankyu Hanshin Holdings, Inc.

     31,000         180,583   

Hikari Tsushin, Inc.(a)

     1,000         71,015   

Hino Motors Ltd.(a)

     24,200         338,418   

Hiroshima Bank Ltd. (The)(a)

     30,075         147,777   

Hisamitsu Pharmaceutical Co., Inc.

     1,900         68,244   

Hitachi Construction Machinery Co., Ltd.(a)

     9,000         181,157   

Hitachi High-Technologies Corp.

     3,600         103,378   

Hitachi Metals Ltd.

     6,000         108,082   

Hokuhoku Financial Group, Inc.

     56,000         109,759   

Hulic Co., Ltd.(a)

     4,100         43,357   
Investments    Shares      Value  
     

Ibiden Co., Ltd.

     2,700       $ 52,575   

IHI Corp.(a)

     41,553         215,161   

Iida Group Holdings Co., Ltd.(a)

     8,100         99,095   

Isetan Mitsukoshi Holdings Ltd.(a)

     6,234         81,154   

Isuzu Motors Ltd.

     24,000         339,122   

Iyo Bank Ltd. (The)(a)

     13,500         136,606   

J. Front Retailing Co., Ltd.(a)

     6,000         78,490   

Japan Airlines Co., Ltd.

     17,178         469,794   

Japan Exchange Group, Inc.(a)

     7,200         170,852   

JFE Holdings, Inc.(a)

     18,000         359,114   

JGC Corp.

     5,000         136,469   

Joyo Bank Ltd. (The)(a)

     44,000         216,601   

JSR Corp.(a)

     7,500         130,794   

JTEKT Corp.

     4,800         80,252   

JX Holdings, Inc.(a)

     108,000         497,689   

Kajima Corp.(a)

     35,953         172,071   

Kansai Paint Co., Ltd.(a)

     9,000         134,391   

Kawasaki Heavy Industries Ltd.(a)

     41,565         165,964   

Keikyu Corp.(a)

     13,000         108,556   

Keio Corp.(a)

     16,000         118,292   

Kintetsu Corp.(a)

     46,000         154,738   

Kobe Steel Ltd.(a)

     149,000         241,779   

Koito Manufacturing Co., Ltd.(a)

     4,400         119,491   

Konami Corp.(a)

     5,000         104,198   

Konica Minolta, Inc.(a)

     10,700         115,491   

Kuraray Co., Ltd.

     17,400         203,987   

Kyowa Hakko Kirin Co., Ltd.

     15,000         183,919   

Lawson, Inc.(a)

     4,500         314,645   

LIXIL Group Corp.(a)

     9,100         194,369   

Makita Corp.

     3,329         188,156   

Marubeni Corp.(a)

     94,000         643,377   

Marui Group Co., Ltd.(a)

     9,681         79,693   

Matsui Securities Co., Ltd.(a)

     19,400         180,745   

Medipal Holdings Corp.

     6,600         80,202   

MEIJI Holdings Co., Ltd.(a)

     2,200         173,882   

Miraca Holdings, Inc.(a)

     1,700         70,281   

Mitsubishi Chemical Holdings Corp.(a)

     59,700         293,670   

Mitsubishi Gas Chemical Co., Inc.(a)

     19,000         121,072   

Mitsubishi Materials Corp.(a)

     42,000         135,922   

Mitsubishi Motors Corp.(a)

     29,600         359,156   

Mitsubishi Tanabe Pharma Corp.

     21,600         316,828   

Mitsui Chemicals, Inc.(a)

     28,000         77,852   

Mitsui OSK Lines Ltd.(a)

     28,000         89,339   

Nabtesco Corp.(a)

     3,500         83,883   

NEC Corp.

     41,608         143,757   

Nexon Co., Ltd.

     7,200         59,401   

NGK Insulators Ltd.(a)

     8,000         190,492   

NGK Spark Plug Co., Ltd.(a)

     5,000         146,998   

NH Foods Ltd.

     6,000         127,225   

Nikon Corp.(a)

     12,234         176,771   

Nippon Express Co., Ltd.

     38,000         159,005   

Nippon Paint Co., Ltd.(a)

     3,000         67,414   

Nippon Yusen K.K.

     42,000         110,652   

Nissan Chemical Industries Ltd.(a)

     4,700         83,207   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      67   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Nisshin Seifun Group, Inc.(a)

     7,920       $ 78,265   

Nissin Foods Holdings Co., Ltd.(a)

     4,300         223,438   

Nitori Holdings Co., Ltd.

     1,500         92,848   

Nitto Denko Corp.(a)

     5,805         318,311   

Nomura Real Estate Holdings, Inc.

     6,068         104,217   

Nomura Research Institute Ltd.

     7,290         235,590   

NSK Ltd.(a)

     9,000         128,073   

NTT Data Corp.(a)

     5,600         201,650   

NTT Urban Development Corp.(a)

     8,100         85,213   

Obayashi Corp.(a)

     29,000         198,541   

Odakyu Electric Railway Co., Ltd.(a)

     13,000         118,866   

Oji Holdings Corp.(a)

     42,862         162,156   

Omron Corp.

     4,200         190,674   

Oracle Corp.(a)

     3,468         135,312   

Osaka Gas Co., Ltd.

     63,000         253,103   

Otsuka Corp.(a)

     2,400         95,392   

Park24 Co., Ltd.(a)

     4,400         70,195   

Resona Holdings, Inc.

     89,400         503,988   

Ricoh Co., Ltd.(a)

     29,660         318,515   

Sankyo Co., Ltd.(a)

     5,900         211,377   

Santen Pharmaceutical Co., Ltd.

     2,000         111,947   

SBI Holdings, Inc.

     6,300         70,526   

Sega Sammy Holdings, Inc.(a)

     8,473         136,331   

Seiko Epson Corp.

     6,364         305,741   

Sekisui Chemical Co., Ltd.

     16,000         183,491   

Sekisui House Ltd.

     32,152         378,690   

Seven Bank Ltd.(a)

     24,400         99,428   

Shimadzu Corp.

     10,000         86,513   

Shimamura Co., Ltd.(a)

     1,100         101,080   

Shimano, Inc.

     700         85,127   

Shimizu Corp.(a)

     32,000         252,336   

Shinsei Bank Ltd.(a)

     29,806         63,854   

Shionogi & Co., Ltd.

     13,200         302,759   

Shiseido Co., Ltd.(a)

     3,800         62,684   

Shizuoka Bank Ltd. (The)(a)

     14,000         144,090   

Showa Shell Sekiyu K.K.

     18,509         176,493   

Sompo Japan Nipponkoa Holdings, Inc.

     14,711         356,862   

Sony Financial Holdings, Inc.(a)

     10,409         168,336   

Stanley Electric Co., Ltd.

     2,800         60,546   

Sumitomo Chemical Co., Ltd.(a)

     58,000         206,737   

Sumitomo Dainippon Pharma Co., Ltd.(a)

     11,390         145,055   

Sumitomo Electric Industries Ltd.

     18,212         269,042   

Sumitomo Heavy Industries Ltd.

     17,500         98,432   

Sumitomo Metal Mining Co., Ltd.(a)

     19,000         267,432   

Sumitomo Rubber Industries Ltd.

     12,000         170,546   

Sundrug Co., Ltd.(a)

     1,400         62,218   

Suntory Beverage & Food Ltd.

     9,800         347,527   

Suzuken Co., Ltd.

     2,300         66,256   

Sysmex Corp.

     1,800         72,364   

T&D Holdings, Inc.

     20,251         260,026   

Taiheiyo Cement Corp.(a)

     20,000         75,482   

Taisei Corp.(a)

     35,876         202,445   

Taiyo Nippon Sanso Corp.(a)

     7,000         61,707   

Takashimaya Co., Ltd.

     6,415         53,626   
Investments    Shares      Value  
     

TDK Corp.(a)

     2,700       $ 150,636   

Terumo Corp.(a)

     8,100         194,128   

THK Co., Ltd.

     2,300         57,241   

Tobu Railway Co., Ltd.(a)

     24,000         120,771   

Toho Co., Ltd.(a)

     4,800         108,519   

Toho Gas Co., Ltd.(a)

     14,000         78,873   

Tokyo Electron Ltd.

     2,294         149,692   

Tokyu Corp.(a)

     28,000         183,527   

TonenGeneral Sekiyu K.K.

     24,104         210,727   

Toppan Printing Co., Ltd.(a)

     23,000         165,222   

Toray Industries, Inc.(a)

     36,290         239,849   

Tosoh Corp.

     12,000         48,571   

TOTO Ltd.(a)

     7,000         76,959   

Toyo Seikan Group Holdings Ltd.

     5,700         70,617   

Toyo Suisan Kaisha Ltd.(a)

     4,000         132,732   

Toyoda Gosei Co., Ltd.(a)

     6,900         134,610   

Toyota Tsusho Corp.(a)

     10,000         243,584   

Trend Micro, Inc.(a)

     5,230         176,884   

Unicharm Corp.

     5,700         129,932   

USS Co., Ltd.

     15,100         231,259   

West Japan Railway Co.(a)

     7,176         321,168   

Yamaguchi Financial Group, Inc.(a)

     7,000         66,111   

Yamaha Corp.(a)

     4,500         58,786   

Yamaha Motor Co., Ltd.

     8,660         169,340   

Yamato Holdings Co., Ltd.(a)

     10,700         199,134   

Yaskawa Electric Corp.(a)

     4,618         62,516   

Yokohama Rubber Co., Ltd. (The)(a)

     14,000         121,118   
     

 

 

 
Total Japan               31,873,174   
Netherlands – 1.6%      

Aalberts Industries N.V.

     3,559         92,278   

Delta Lloyd N.V.

     21,276         513,215   

Fugro N.V. CVA(a)

     4,156         125,818   

Gemalto N.V.(a)

     857         78,684   

Koninklijke Boskalis Westminster N.V.

     5,967         336,036   

Koninklijke Vopak N.V.(a)

     3,183         171,794   

Nutreco N.V.

     3,061         111,441   

Randstad Holding N.V.

     7,849         365,476   

Wolters Kluwer N.V.

     17,700         472,233   
     

 

 

 
Total Netherlands               2,266,975   
New Zealand – 1.4%      

Auckland International Airport Ltd.

     137,398         412,315   

Contact Energy Ltd.

     55,256         257,554   

Fletcher Building Ltd.

     62,464         427,477   

Fonterra Co-operative Group Ltd.(a)

     9,354         45,933   

Mighty River Power Ltd.

     133,811         267,527   

Spark New Zealand Ltd.

     244,378         565,727   
     

 

 

 
Total New Zealand               1,976,533   
Norway – 3.1%      

Akastor ASA

     15,863         63,845   

Aker ASA Class A

     6,067         199,313   

Aker Solutions ASA*(b)

     15,863         158,068   

Gjensidige Forsikring ASA

     50,539         1,069,363   

Marine Harvest ASA(a)

     58,679         821,337   

 

See Notes to Financial Statements.

 

68   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Norsk Hydro ASA

     81,292       $ 454,888   

Orkla ASA

     70,649         639,089   

Schibsted ASA

     2,972         161,400   

SpareBank 1 SR Bank ASA

     9,775         92,838   

TGS Nopec Geophysical Co. ASA(a)

     6,453         164,270   

Yara International ASA

     12,798         642,814   
     

 

 

 
Total Norway               4,467,225   
Portugal – 0.6%      

EDP Renovaveis S.A.(a)

     8,105         56,210   

Jeronimo Martins, SGPS, S.A.

     24,620         271,140   

NOS, SGPS

     16,664         100,497   

Portucel S.A.

     52,515         209,235   

Portugal Telecom, SGPS, S.A. Registered Shares(a)

     12,618         26,556   

Sonae, SGPS, S.A.

     117,377         170,221   
     

 

 

 
Total Portugal               833,859   
Singapore – 4.4%      

CapitaLand Ltd.

     170,000         426,566   

City Developments Ltd.

     17,000         128,236   

ComfortDelGro Corp., Ltd.

     131,000         246,530   

First Resources Ltd.

     52,000         81,549   

Frasers Centrepoint Ltd.(a)

     67,000         89,312   

Great Eastern Holdings Ltd.

     11,000         206,061   

Hutchison Port Holdings Trust

     928,585         650,010   

Jardine Cycle & Carriage Ltd.

     15,000         504,705   

Keppel Land Ltd.

     87,000         238,767   

M1 Ltd.(a)

     67,000         187,031   

Olam International Ltd.(a)

     84,000         154,787   

SATS Ltd.(a)

     83,000         199,153   

Sembcorp Industries Ltd.

     100,000         406,179   

Sembcorp Marine Ltd.(a)

     89,751         263,208   

SIA Engineering Co., Ltd.(a)

     92,536         334,502   

Singapore Airlines Ltd.(a)

     52,961         409,109   

Singapore Exchange Ltd.

     46,000         260,786   

Singapore Post Ltd.

     107,000         150,604   

Singapore Press Holdings Ltd.(a)

     147,148         484,609   

Singapore Technologies Engineering Ltd.

     165,000         472,242   

StarHub Ltd.

     141,594         457,435   

United Industrial Corp., Ltd.

     31,000         80,946   
     

 

 

 
Total Singapore               6,432,327   
Spain – 2.9%      

Abengoa S.A. Class B

     25,311         133,716   

Acerinox S.A.

     8,153         125,342   

Bankinter S.A.

     14,820         125,733   

Bolsas y Mercados Espanoles S.A.

     7,526         287,023   

Distribuidora Internacional de Alimentacion S.A.

     10,534         75,637   

Ebro Foods S.A.(a)

     10,845         205,636   

Enagas S.A.

     21,568         695,585   

Indra Sistemas S.A.

     6,787         95,168   

Mapfre S.A.

     204,445         724,175   

Obrascon Huarte Lain S.A.(a)

     6,073         203,185   

Prosegur Cia de Seguridad S.A.

     18,623         115,746   

Red Electrica Corp. S.A.

     9,658         836,464   

Tecnicas Reunidas S.A.(a)

     3,755         199,180   
Investments    Shares      Value  
     

Viscofan S.A.

     2,766       $ 151,646   

Zardoya Otis S.A.(a)

     17,168         212,971   
     

 

 

 
Total Spain               4,187,207   
Sweden – 4.5%      

AAK AB

     1,900         99,370   

Alfa Laval AB(a)

     13,132         281,280   

Atlas Copco AB Class B

     20,644         536,691   

Axfood AB(a)

     3,647         188,917   

BillerudKorsnas AB

     4,676         66,361   

Boliden AB

     13,042         211,867   

Castellum AB

     15,010         228,636   

Electrolux AB Series B

     16,790         444,649   

Elekta AB Class B(a)

     13,044         128,750   

Getinge AB Class B

     7,971         201,365   

Hexagon AB Class B

     6,235         198,077   

Husqvarna AB Class B

     27,446         194,563   

ICA Gruppen AB(a)

     10,243         335,209   

Intrum Justitia AB

     2,300         64,899   

Investment AB Latour Class B

     10,907         288,245   

JM AB

     2,631         84,240   

Lundbergforetagen AB Class B

     6,054         242,634   

Meda AB Class A

     10,630         149,531   

Modern Times Group AB Class B

     1,274         40,402   

NCC AB Class B

     2,091         69,503   

Saab AB Class B

     5,758         141,705   

Securitas AB Class B

     21,008         233,587   

Skanska AB Class B

     26,823         555,557   

SKF AB Class B

     19,022         397,677   

Swedish Match AB

     9,821         318,811   

Tele2 AB Class B

     17,877         216,134   

Trelleborg AB Class B

     8,712         151,195   

Volvo AB Class A(a)

     28,484         315,725   

Wallenstam AB Class B

     6,488         98,377   
     

 

 

 
Total Sweden               6,483,957   
Switzerland – 3.4%      

Actelion Ltd. Registered Shares*

     2,799         328,967   

Aryzta AG*

     879         75,757   

Baloise Holding AG Registered Shares

     3,860         494,872   

Clariant AG Registered Shares*

     14,773         252,942   

DKSH Holding AG(a)

     1,162         86,648   

EMS-Chemie Holding AG Registered Shares

     789         328,028   

Galenica AG Registered Shares

     175         154,029   

GAM Holding AG*

     10,239         176,812   

Geberit AG Registered Shares

     1,068         345,158   

Julius Baer Group Ltd.*

     3,068         137,586   

Lonza Group AG Registered Shares*

     2,347         283,458   

OC Oerlikon Corp. AG Registered Shares*

     3,716         46,280   

Panalpina Welttransport Holding AG Registered Shares(a)

     1,170         147,061   

Partners Group Holding AG

     1,827         480,890   

Schindler Holding AG Participating Shares

     1,866         253,096   

Schindler Holding AG Registered Shares

     1,853         247,067   

Sonova Holding AG Registered Shares

     1,279         204,265   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      69   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

STMicroelectronics N.V.(a)

     52,834       $ 409,466   

Straumann Holding AG Registered Shares(a)

     690         156,414   

Sulzer AG Registered Shares

     1,307         160,725   

Swiss Life Holding AG Registered Shares*

     672         160,492   
     

 

 

 
Total Switzerland               4,930,013   
United Kingdom – 16.8%      

Aberdeen Asset Management PLC

     85,281         553,705   

Admiral Group PLC

     15,473         321,828   

Aggreko PLC

     6,404         160,711   

AMEC PLC

     16,050         287,255   

Amlin PLC

     38,273         269,281   

Ashmore Group PLC(a)

     50,529         252,299   

Ashtead Group PLC

     6,653         112,493   

Babcock International Group PLC

     11,883         210,364   

Balfour Beatty PLC

     62,888         192,279   

Barratt Developments PLC

     19,777         126,996   

BBA Aviation PLC

     13,728         72,329   

Bellway PLC

     4,284         108,828   

Berendsen PLC

     3,601         57,210   

Berkeley Group Holdings PLC

     12,652         461,493   

Booker Group PLC

     42,781         84,751   

British Land Co. PLC (The)

     53,126         605,030   

Britvic PLC

     7,435         80,516   

Bunzl PLC

     10,651         277,997   

Burberry Group PLC

     12,869         315,234   

Capita PLC

     27,818         524,931   

Carillion PLC

     30,079         148,531   

Carnival PLC

     9,057         361,783   

Close Brothers Group PLC

     4,395         101,958   

Cobham PLC

     54,890         259,035   

Croda International PLC

     4,888         162,683   

Daily Mail & General Trust PLC Class A Non-Voting Shares(a)

     24,245         301,075   

Derwent London PLC

     2,105         93,196   

Direct Line Insurance Group PLC

     101,401         483,624   

Dixons Carphone PLC

     9,406         55,855   

Drax Group PLC(a)

     23,178         242,923   

DS Smith PLC

     33,023         142,564   

easyJet PLC(a)

     11,794         272,075   

Essentra PLC

     3,700         47,836   

Evraz PLC

     93,143         196,298   

Fresnillo PLC(a)

     10,271         126,546   

G4S PLC

     82,452         335,103   

GKN PLC

     64,282         332,641   

Greene King PLC

     7,524         95,751   

Halma PLC

     12,932         128,304   

Hammerson PLC

     32,727         304,803   

Hargreaves Lansdown PLC

     21,743         333,100   

Hikma Pharmaceuticals PLC

     2,846         79,957   

Home Retail Group PLC

     18,131         49,057   

ICAP PLC(a)

     46,695         293,185   

IG Group Holdings PLC

     33,903         326,748   

IMI PLC

     12,907         257,367   
Investments    Shares      Value  
     

Inchcape PLC

     22,666       $ 236,638   

Inmarsat PLC

     30,787         349,872   

InterContinental Hotels Group PLC

     7,458         287,634   

Intertek Group PLC

     3,341         141,960   

Intu Properties PLC

     66,443         347,593   

Investec PLC

     46,147         389,018   

ITV PLC

     117,262         395,026   

J Sainsbury PLC(a)

     163,483         666,552   

Jardine Lloyd Thompson Group PLC

     12,037         189,869   

John Wood Group PLC

     9,747         120,011   

Johnson Matthey PLC

     6,745         319,183   

Jupiter Fund Management PLC

     18,921         109,076   

London Stock Exchange Group PLC

     16,816         509,240   

Man Group PLC

     163,952         315,760   

Marks & Spencer Group PLC

     95,147         624,086   

Meggitt PLC

     27,607         201,935   

Melrose Industries PLC

     42,182         169,386   

Millennium & Copthorne Hotels PLC

     17,146         158,578   

Mondi PLC

     18,715         306,736   

Pennon Group PLC

     20,535         263,326   

Persimmon PLC*

     22,542         487,497   

Premier Oil PLC

     12,501         67,486   

PZ Cussons PLC

     14,555         86,290   

Rentokil Initial PLC

     53,373         101,927   

Rexam PLC

     33,543         267,432   

Rightmove PLC

     3,499         122,070   

Rotork PLC

     2,069         92,743   

Sage Group PLC (The)

     63,252         374,685   

Schroders PLC

     7,427         287,883   

Segro PLC

     63,032         371,031   

Serco Group PLC(a)

     25,244         117,084   

Severn Trent PLC

     15,956         485,525   

Smiths Group PLC

     16,732         342,861   

Spectris PLC

     3,087         90,481   

Spirax-Sarco Engineering PLC

     1,411         64,643   

Stagecoach Group PLC

     32,307         193,157   

TalkTalk Telecom Group PLC

     50,678         245,648   

Tate & Lyle PLC

     30,606         293,484   

Taylor Wimpey PLC

     28,934         52,910   

Travis Perkins PLC

     6,495         175,209   

TUI Travel PLC(a)

     73,106         461,145   

Tullow Oil PLC

     19,883         207,744   

United Utilities Group PLC

     51,992         681,038   

Vedanta Resources PLC

     6,446         104,343   

Victrex PLC

     2,210         57,539   

Weir Group PLC (The)

     6,505         263,850   

Whitbread PLC

     6,455         434,696   

William Hill PLC

     49,964         299,535   

WM Morrison Supermarkets PLC(a)

     263,037         717,669   
     

 

 

 
Total United Kingdom               24,256,612   

TOTAL COMMON STOCKS

(Cost: $123,435,022)

              144,080,599   

 

See Notes to Financial Statements.

 

70   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
EXCHANGE-TRADED FUNDS – 0.0%      
United States – 0.0%      

WisdomTree Australia Dividend Fund(c)

     77       $ 4,298   

WisdomTree Japan Hedged Equity Fund(a)(c)

     85         4,447   

TOTAL EXCHANGE-TRADED FUNDS

(Cost: $8,538)

              8,745   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 24.5%      
United States – 24.5%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(d)

     
(Cost: $35,441,898)(e)      35,441,898         35,441,898   
TOTAL INVESTMENTS IN SECURITIES – 124.0%
(Cost: $158,885,458)
        179,531,242   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (24.0)%

        (34,735,042
     

 

 

 
NET ASSETS – 100.0%             $ 144,796,200   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(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) 

Affiliated company (See Note 7).

 

(d) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(e) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $34,957,976 and the total market value of the collateral held by the Fund was $36,820,649. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $1,378,751.

CVA – Certificaten Van Aandelen (Certificate of Stock)

RSP – Risparmio Italian Savings Shares

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      71   


Table of Contents

Schedule of Investments (unaudited)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 99.3%      
Australia – 18.6%      

Acrux Ltd.(a)

     510,180       $ 687,507   

Adelaide Brighton Ltd.

     1,452,622         4,080,285   

Ainsworth Game Technology Ltd.(a)

     233,089         618,012   

Altium Ltd.

     211,445         553,225   

Amalgamated Holdings Ltd.

     253,003         2,114,277   

Amcom Telecommunications Ltd.

     330,800         552,881   

AP Eagers Ltd.

     224,058         1,086,183   

ARB Corp., Ltd.(a)

     85,594         939,234   

Arrium Ltd.(a)

     4,629,017         1,478,477   

Atlas Iron Ltd.(a)

     1,325,850         487,278   

Austbrokers Holdings Ltd.

     118,143         1,044,148   

Austin Engineering Ltd.(a)

     577,460         588,682   

Australian Pharmaceutical Industries Ltd.

     1,935,341         1,143,126   

Automotive Holdings Group Ltd.(a)

     652,365         2,152,112   

BC Iron Ltd.(a)

     318,147         449,607   

Beach Energy Ltd.

     918,043         1,132,700   

Bradken Ltd.(a)

     738,428         2,746,186   

Breville Group Ltd.(a)

     177,424         1,088,337   

Brickworks Ltd.

     199,402         2,348,591   

BT Investment Management Ltd.

     539,701         2,904,432   

Cabcharge Australia Ltd.(a)

     482,208         2,303,880   

Cardno Ltd.(a)

     388,633         2,050,642   

carsales.com Ltd.(a)

     284,204         2,452,110   

Cash Converters International Ltd.(a)

     725,525         685,660   

Cedar Woods Properties Ltd.

     340,544         2,193,228   

Chandler Macleod Group Ltd.

     2,468,444         831,604   

Collins Foods Ltd.

     308,005         614,505   

Corporate Travel Management Ltd.

     93,700         598,543   

CSG Ltd.(a)

     876,426         966,315   

CSR Ltd.

     438,158         1,276,756   

Domino’s Pizza Enterprises Ltd.(a)

     72,246         1,658,231   

Downer EDI Ltd.

     828,867         3,198,573   

DuluxGroup Ltd.

     623,102         3,031,564   

Echo Entertainment Group Ltd.(a)

     843,595         2,421,256   

Fairfax Media Ltd.

     3,710,319         2,516,203   

G8 Education Ltd.(a)

     429,609         1,924,758   

Goodman Fielder Ltd.

     3,429,953         1,875,862   

GrainCorp Ltd. Class A(a)

     509,994         3,815,610   

Greencross Ltd.(a)

     23,370         200,409   

GUD Holdings Ltd.(a)

     356,145         2,106,718   

Hills Ltd.

     466,609         541,006   

iiNET Ltd.

     195,501         1,392,535   

Invocare Ltd.(a)

     172,418         1,653,583   

IOOF Holdings Ltd.(a)

     720,228         5,382,211   

Iress Ltd.

     320,403         2,786,864   

JB Hi-Fi Ltd.(a)

     172,534         2,325,028   

M2 Group Ltd.(a)

     236,055         1,571,921   

Macquarie Atlas Roads Group(a)

     276,851         697,704   

Magellan Financial Group Ltd.(a)

     170,323         1,882,389   

McMillan Shakespeare Ltd.(a)

     151,883         1,374,240   

Mermaid Marine Australia Ltd.(a)

     437,391         738,686   

Metcash Ltd.(a)

     3,591,922         8,266,382   
Investments    Shares      Value  
     

Mineral Resources Ltd.(a)

     536,714       $ 4,085,968   

MMG Ltd.

     6,744,000         2,362,324   

Monadelphous Group Ltd.(a)

     358,544         4,003,372   

Mortgage Choice Ltd.

     317,837         703,652   

Mount Gibson Iron Ltd.

     299,425         142,796   

Myer Holdings Ltd.(a)

     2,241,474         3,844,347   

MyState Ltd.

     256,554         1,014,729   

NIB Holdings Ltd.

     992,573         2,527,483   

Northern Star Resources Ltd.

     834,847         909,513   

NRW Holdings Ltd.

     1,223,423         920,678   

Nufarm Ltd.

     264,998         1,143,200   

OrotonGroup Ltd.

     330,829         1,244,815   

OZ Minerals Ltd.(a)

     621,855         2,111,318   

Pacific Brands Ltd.(a)

     2,801,516         1,188,961   

PanAust Ltd.

     669,735         1,142,800   

Perpetual Ltd.

     68,886         2,663,112   

Premier Investments Ltd.

     282,352         2,537,430   

Primary Health Care Ltd.

     1,034,265         3,954,996   

Prime Media Group Ltd.

     1,853,438         1,492,103   

Programmed Maintenance Services Ltd.

     376,076         908,275   

Qube Holdings Ltd.

     1,105,206         2,417,776   

RCR Tomlinson Ltd.

     281,384         790,382   

Reckon Ltd.(a)

     443,701         776,521   

Regis Resources Ltd.(a)

     2,118,692         2,882,910   

Reject Shop Ltd. (The)(a)

     107,462         843,490   

Retail Food Group Ltd.(a)

     324,330         1,401,996   

Royal Wolf Holdings Ltd.

     161,438         473,242   

SAI Global Ltd.

     318,314         1,128,090   

Seven Group Holdings Ltd.

     708,522         4,191,147   

Seven West Media Ltd.

     3,083,995         4,344,826   

Sigma Pharmaceuticals Ltd.

     3,098,708         2,142,104   

Skilled Group Ltd.

     545,140         1,073,306   

Slater & Gordon Ltd.(a)

     173,651         932,993   

Southern Cross Media Group Ltd.(a)

     2,858,848         2,489,126   

STW Communications Group Ltd.

     1,410,478         1,481,086   

Sunland Group Ltd.

     388,628         617,225   

Super Retail Group Ltd.(a)

     445,970         3,242,944   

Tabcorp Holdings Ltd.(a)

     1,449,311         4,578,272   

Tassal Group Ltd.

     190,435         613,236   

Treasury Group Ltd.

     84,697         737,435   

UXC Ltd.

     624,576         500,080   

Village Roadshow Ltd.

     251,521         1,558,261   

Virtus Health Ltd.(a)

     91,982         625,398   

Wotif.com Holdings Ltd.(a)

     251,944         683,437   
     

 

 

 
Total Australia               172,957,411   
Austria – 0.9%      

ams AG

     40,583         1,543,895   

Austria Technologie & Systemtechnik AG

     45,018         520,351   

CAT Oil AG

     32,366         616,975   

EVN AG

     131,427         1,681,005   

Lenzing AG(a)

     26,302         1,628,074   

POLYTEC Holding AG

     56,936         458,878   

RHI AG

     32,604         899,112   

 

See Notes to Financial Statements.

 

72   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

S IMMO AG*

     96,774       $ 753,058   

Wienerberger AG(a)

     31,845         410,328   
     

 

 

 
Total Austria               8,511,676   
Belgium – 1.6%      

Arseus N.V.

     20,070         973,065   

Barco N.V.

     11,488         830,389   

Cie Maritime Belge S.A.

     13,352         278,726   

Cofinimmo S.A.

     34,186         3,873,736   

D’ieteren S.A./N.V.

     44,505         1,727,669   

EVS Broadcast Equipment S.A.(a)

     29,144         1,016,862   

Exmar N.V.

     127,275         1,959,106   

Melexis N.V.

     38,432         1,752,384   

N.V. Bekaert S.A.(a)

     65,369         2,180,456   

Recticel S.A.

     61,216         474,426   
     

 

 

 
Total Belgium               15,066,819   
China – 2.1%      

Beijing Tong Ren Tang Chinese Medicine Co., Ltd.

     411,692         554,571   

BYD Electronic International Co., Ltd.

     572,782         663,873   

China Overseas Grand Oceans Group Ltd.(a)

     1,517,000         859,590   

CITIC Telecom International Holdings Ltd.

     3,396,822         1,272,971   

Dah Chong Hong Holdings Ltd.(a)

     3,325,000         1,922,609   

Goldpac Group Ltd.(a)

     246,922         219,413   

Poly Property Group Co., Ltd.(a)

     9,202,129         3,531,486   

Shenzhen Investment Ltd.

     13,292,000         3,731,640   

Shougang Fushan Resources Group Ltd.(a)

     8,704,000         1,950,388   

SinoMedia Holding Ltd.

     995,904         606,641   

Yuexiu Property Co., Ltd.(a)

     21,182,000         3,764,428   
     

 

 

 
Total China               19,077,610   
Denmark – 0.5%      

DFDS A/S

     14,506         1,142,224   

NKT Holding A/S

     24,269         1,338,508   

Schouw & Co.

     20,995         858,655   

SimCorp A/S

     29,676         871,239   

Spar Nord Bank A/S

     47,266         477,256   
     

 

 

 
Total Denmark               4,687,882   
Finland – 2.4%      

Amer Sports Oyj

     107,450         2,159,563   

Caverion Corp.

     102,266         781,585   

Citycon Oyj

     325,113         1,088,352   

F-Secure Oyj

     186,261         585,883   

Kemira Oyj

     249,829         3,297,983   

Konecranes Oyj

     100,301         2,698,821   

Lassila & Tikanoja Oyj

     62,220         1,050,088   

Metsa Board Oyj(a)

     218,329         970,831   

PKC Group Oyj

     33,891         685,433   

Raisio Oyj Class V

     103,424         499,084   

Ramirent Oyj

     187,474         1,475,429   

Stockmann Oyj Abp Class B(a)

     62,292         679,491   

Technopolis Oyj

     168,623         856,312   

Tieto Oyj

     110,012         2,779,453   

Tikkurila Oyj

     53,846         1,123,706   
Investments    Shares      Value  
     

Uponor Oyj(a)

     61,200       $ 824,134   

YIT Oyj(a)

     121,552         938,194   
     

 

 

 
Total Finland               22,494,342   
France – 1.4%      

ALBIOMA

     40,966         1,003,956   

Alten S.A.

     26,935         1,155,340   

Altran Technologies S.A.

     99,094         1,022,725   

Bourbon S.A.

     99,892         2,708,006   

Derichebourg S.A.

     148,304         393,050   

IPSOS

     39,870         1,017,640   

Lectra

     46,783         478,699   

Nexity S.A.

     106,260         3,924,300   

Saft Groupe S.A.

     32,360         1,101,274   
     

 

 

 
Total France               12,804,990   
Germany – 2.6%      

Aurelius AG

     43,438         1,552,907   

Aurubis AG(a)

     37,258         1,843,111   

BayWa AG(a)

     18,842         812,130   

Bechtle AG

     17,561         1,344,125   

CompuGroup Medical AG

     37,599         900,542   

Drillisch AG(a)

     137,586         4,640,607   

Gerresheimer AG

     19,225         1,248,785   

Gerry Weber International AG(a)

     27,679         1,093,196   

Hamburger Hafen und Logistik AG(a)

     68,681         1,641,089   

Indus Holding AG

     25,424         1,236,178   

Jenoptik AG

     35,096         394,803   

MLP AG

     188,937         1,054,942   

NORMA Group SE

     20,493         857,403   

Sixt SE

     40,159         1,290,339   

Takkt AG

     55,470         946,679   

Vossloh AG

     6,677         453,198   

Wacker Neuson SE

     51,781         990,997   

Wincor Nixdorf AG

     34,116         1,748,016   
     

 

 

 
Total Germany               24,049,047   
Hong Kong – 1.9%      

China Power International Development Ltd.(a)

     15,572,814         7,219,756   

Dah Sing Banking Group Ltd.(a)

     1,586,400         2,831,580   

Dah Sing Financial Holdings Ltd.

     371,829         2,260,155   

Emperor Watch & Jewellery Ltd.

     4,000,000         182,870   

Kowloon Development Co., Ltd.

     1,804,000         2,088,571   

Lippo China Resources Ltd.

     6,540,000         256,880   

Liu Chong Hing Investment Ltd.

     506,000         627,523   

Vitasoy International Holdings Ltd.

     757,364         964,615   

Welling Holding Ltd.

     3,167,518         742,409   
     

 

 

 
Total Hong Kong               17,174,359   
Ireland – 0.9%      

C&C Group PLC

     349,220         1,855,927   

FBD Holdings PLC

     28,452         526,550   

Grafton Group PLC

     140,978         1,430,701   

Greencore Group PLC

     433,212         1,643,386   

Irish Continental Group PLC

     288,971         1,007,518   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      73   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Origin Enterprises PLC

     91,164       $ 886,755   

UDG Healthcare PLC

     181,584         973,792   
     

 

 

 
Total Ireland               8,324,629   
Israel – 3.2%      

B Communications Ltd.

     46,102         885,629   

Delek Automotive Systems Ltd.

     320,691         3,481,514   

First International Bank of Israel Ltd.

     182,375         2,789,206   

Fox Wizel Ltd.

     23,687         599,295   

Gazit-Globe Ltd.

     254,924         3,179,199   

Harel Insurance Investments & Financial Services Ltd.

     574,783         3,107,525   

Ituran Location and Control Ltd.

     45,234         951,455   

Jerusalem Economy Ltd.

     120,878         963,546   

Magic Software Enterprises Ltd.

     72,624         498,680   

Matrix IT Ltd.

     173,143         938,436   

Migdal Insurance & Financial Holding Ltd.

     2,489,459         3,636,387   

NICE-Systems Ltd.

     36,853         1,492,324   

Ormat Industries

     78,791         554,499   

Phoenix Holdings Ltd. (The)

     596,539         1,918,574   

Shikun & Binui Ltd.

     997,005         2,481,351   

Shufersal Ltd.

     472,610         1,336,571   

Strauss Group Ltd.

     73,237         1,349,652   
     

 

 

 
Total Israel               30,163,843   
Italy – 2.3%      

Astaldi SpA

     102,620         781,697   

ASTM SpA

     67,901         912,656   

Banca IFIS SpA

     83,416         1,654,391   

Cairo Communication SpA

     216,249         1,516,130   

Danieli & C. Officine Meccaniche SpA

     30,689         790,865   

Datalogic SpA

     52,930         549,621   

DiaSorin SpA

     36,571         1,373,014   

ERG SpA

     233,922         2,882,621   

Falck Renewables SpA

     241,743         324,621   

Immobiliare Grande Distribuzione(a)

     1,197,473         1,005,951   

Industria Macchine Automatiche SpA

     53,320         1,771,475   

Interpump Group SpA

     85,601         1,074,326   

Iren SpA

     1,518,302         1,910,323   

MARR SpA(a)

     123,597         1,920,447   

Societa Cattolica di Assicurazioni SCRL(a)

     65,525         1,143,115   

Trevi Finanziaria Industriale SpA(a)

     43,580         309,119   

Vittoria Assicurazioni SpA

     65,464         794,722   

Zignago Vetro SpA

     119,274         812,880   
     

 

 

 
Total Italy               21,527,974   
Japan – 27.6%      

77 Bank Ltd. (The)

     274,000         1,443,749   

Accordia Golf Co., Ltd.(a)

     121,800         1,279,125   

Achilles Corp.

     262,000         367,820   

ADEKA Corp.(a)

     81,000         1,067,004   

Advantest Corp.(a)

     71,400         920,366   

Aeon Delight Co., Ltd.(a)

     36,300         883,219   

Ai Holdings Corp.

     36,500         738,352   

Aica Kogyo Co., Ltd.(a)

     34,600         735,560   

Aichi Steel Corp.(a)

     280,940         1,032,124   

Aida Engineering Ltd.

     57,800         587,511   
Investments    Shares      Value  
     

Airport Facilities Co., Ltd.(a)

     87,500       $ 598,250   

Akebono Brake Industry Co., Ltd.(a)

     99,100         418,281   

Akita Bank Ltd. (The)(a)

     244,000         680,651   

Amano Corp.

     67,000         715,839   

Anritsu Corp.(a)

     72,165         550,637   

Aoyama Trading Co., Ltd.

     57,400         1,336,952   

Arcs Co., Ltd.

     31,500         658,745   

Ariake Japan Co., Ltd.

     25,200         564,671   

Asahi Diamond Industrial Co., Ltd.

     55,500         803,446   

Asatsu-DK, Inc.(a)

     68,400         1,715,378   

Ashikaga Holdings Co., Ltd.

     35,700         132,457   

ASKUL Corp.(a)

     20,388         427,480   

Autobacs Seven Co., Ltd.(a)

     74,400         1,156,406   

Avex Group Holdings, Inc.(a)

     44,500         674,630   

Azbil Corp.(a)

     60,200         1,475,708   

Bank of Iwate Ltd. (The)

     13,400         591,239   

Bank of Nagoya Ltd. (The)(a)

     196,000         748,658   

Bank of Saga Ltd. (The)

     424,764         975,801   

Bank of the Ryukyus Ltd.(a)

     53,000         837,313   

Belc Co., Ltd.

     13,600         373,800   

Belluna Co., Ltd.(a)

     126,000         553,644   

Broadleaf Co., Ltd.

     22,100         355,792   

Calsonic Kansei Corp.(a)

     202,000         1,099,357   

Cawachi Ltd.

     38,600         660,840   

Central Glass Co., Ltd.(a)

     219,000         774,621   

Chiyoda Co., Ltd.

     30,200         610,360   

Cosmo Oil Co., Ltd.

     313,000         527,873   

Dai-Dan Co., Ltd.

     57,258         325,712   

Daibiru Corp.

     65,200         748,319   

Daido Steel Co., Ltd.(a)

     204,000         812,690   

Daifuku Co., Ltd.

     49,500         581,663   

Daiichi Jitsugyo Co., Ltd.(a)

     52,442         293,536   

Daiichikosho Co., Ltd.(a)

     26,700         717,793   

Daiken Corp.(a)

     233,000         609,608   

Daikoku Denki Co., Ltd.(a)

     36,400         640,762   

Daikyo, Inc.(a)

     313,000         584,940   

Dainippon Screen Manufacturing Co., Ltd.(a)

     62,000         315,384   

Daio Paper Corp.(a)

     48,000         406,947   

Daisan Bank Ltd. (The)

     322,000         537,180   

Daishi Bank Ltd. (The)(a)

     274,000         956,671   

Daiwabo Holdings Co., Ltd.

     374,000         722,804   

DCM Holdings Co., Ltd.

     130,800         896,683   

Dena Co., Ltd.(a)

     124,000         1,576,918   

Denki Kagaku Kogyo K.K.(a)

     382,000         1,250,175   

DIC Corp.

     554,000         1,242,390   

Doshisha Co., Ltd.

     31,300         537,289   

Doutor Nichires Holdings Co., Ltd.

     38,900         616,329   

Dunlop Sports Co., Ltd.

     52,349         604,642   

Duskin Co., Ltd.(a)

     48,400         791,114   

Dynam Japan Holdings Co., Ltd.

     760,651         1,988,540   

Earth Chemical Co., Ltd.

     25,500         927,526   

EDION Corp.(a)

     83,900         530,040   

Ehime Bank Ltd. (The)

     371,000         828,616   

Eighteenth Bank Ltd. (The)(a)

     350,000         969,962   

 

See Notes to Financial Statements.

 

74   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Endo Lighting Corp.(a)

     32,400       $ 377,771   

Exedy Corp.

     36,700         929,084   

Ezaki Glico Co., Ltd.(a)

     25,000         863,759   

FCC Co., Ltd.(a)

     58,551         951,697   

Foster Electric Co., Ltd.(a)

     47,585         684,526   

Fudo Tetra Corp.

     128,800         326,418   

Fuji Corp., Ltd.(a)

     131,700         734,768   

Fuji Seal International, Inc.(a)

     9,800         307,772   

Fuji Soft, Inc.

     14,000         341,018   

Fujibo Holdings, Inc.

     99,000         290,606   

Fujikura Ltd.(a)

     141,000         678,682   

Fujimi, Inc.

     50,041         708,908   

Fujitec Co., Ltd.(a)

     40,000         435,754   

Fujitsu General Ltd.

     42,000         515,356   

Fukui Bank Ltd. (The)

     255,000         611,377   

Fukuyama Transporting Co., Ltd.(a)

     136,000         678,171   

Funai Soken Holdings, Inc.(a)

     79,500         733,434   

Furukawa Co., Ltd.(a)

     114,000         235,909   

Furukawa Electric Co., Ltd.(a)

     95,000         190,528   

Geo Holdings Corp.(a)

     98,000         844,250   

Glory Ltd.(a)

     33,700         950,832   

GMO Internet, Inc.(a)

     63,224         549,849   

Gree, Inc.(a)

     80,600         549,604   

GS Yuasa Corp.(a)

     169,000         984,466   

Gulliver International Co., Ltd.(a)

     54,540         463,885   

H2O Retailing Corp.(a)

     9,500         159,005   

Hakuto Co., Ltd.

     71,294         719,472   

Hanwa Co., Ltd.

     243,000         908,246   

Haseko Corp.

     39,200         302,679   

Hazama Ando Corp.

     38,900         248,943   

Heiwa Corp.

     77,100         1,524,499   

Heiwa Real Estate Co., Ltd.

     42,500         669,493   

Heiwado Co., Ltd.

     58,500         982,866   

Higashi-Nippon Bank Ltd. (The)

     331,000         838,853   

Hitachi Koki Co., Ltd.(a)

     118,800         1,033,185   

Hitachi Kokusai Electric, Inc.(a)

     57,000         803,337   

Hitachi Transport System Ltd.(a)

     51,000         658,334   

Hogy Medical Co., Ltd.

     16,900         895,109   

Hokuetsu Bank Ltd. (The)(a)

     358,000         685,355   

Hokuetsu Kishu Paper Co., Ltd.(a)

     164,500         674,826   

Horiba Ltd.(a)

     22,200         807,493   

Hyakujushi Bank Ltd. (The)

     259,000         828,743   

Ichiyoshi Securities Co., Ltd.(a)

     69,497         832,481   

Idec Corp.

     57,200         477,644   

Iino Kaiun Kaisha Ltd.

     85,075         485,500   

Inaba Denki Sangyo Co., Ltd.

     31,600         1,062,984   

Inabata & Co., Ltd.(a)

     68,300         688,012   

Iseki & Co., Ltd.(a)

     262,000         642,491   

IT Holdings Corp.(a)

     41,700         729,498   

Ito En Ltd.(a)

     50,300         1,061,530   

Itochu Enex Co., Ltd.

     148,200         955,170   

Itochu Techno-Solutions Corp.

     45,700         1,920,571   

Itoham Foods, Inc.

     86,000         412,380   

Iwatani Corp.(a)

     177,000         1,226,309   
Investments    Shares      Value  
     

Izumi Co., Ltd.(a)

     25,700       $ 873,887   

J-Oil Mills, Inc.

     218,000         719,413   

Japan Aviation Electronics Industry Ltd.

     20,000         455,809   

Japan Pulp & Paper Co., Ltd.

     233,000         700,944   

Japan Steel Works Ltd. (The)(a)

     276,000         1,107,070   

Japan Vilene Co., Ltd.

     81,000         446,739   

Japan Wool Textile Co., Ltd. (The)

     92,000         635,726   

Jowa Holdings Co., Ltd.(a)

     26,100         897,005   

Juroku Bank Ltd. (The)

     272,000         1,019,117   

K’s Holdings Corp.(a)

     30,500         907,813   

kabu.com Securities Co., Ltd.(a)

     230,600         1,126,775   

Kaga Electronics Co., Ltd.(a)

     54,800         632,951   

Kagome Co., Ltd.(a)

     36,100         570,979   

Kagoshima Bank Ltd. (The)(a)

     125,000         794,248   

Kaken Pharmaceutical Co., Ltd.(a)

     60,000         1,353,754   

Kamigumi Co., Ltd.

     95,000         898,947   

Kandenko Co., Ltd.

     143,000         722,202   

Kanematsu Corp.

     228,000         365,814   

Kansai Urban Banking Corp.

     73,378         839,504   

Kato Sangyo Co., Ltd.

     32,000         671,243   

Kato Works Co., Ltd.

     47,000         358,622   

Kawasaki Kisen Kaisha Ltd.(a)

     623,000         1,323,296   

Keihin Corp.(a)

     51,600         681,603   

Kewpie Corp.(a)

     61,400         1,036,627   

Kitz Corp.(a)

     89,000         443,803   

Kiyo Bank Ltd. (The)

     79,891         1,139,063   

Koa Corp.

     35,900         378,653   

Koei Tecmo Holdings Co., Ltd.

     63,400         1,023,000   

Kokuyo Co., Ltd.

     99,900         805,065   

Komeri Co., Ltd.(a)

     26,700         606,802   

Konaka Co., Ltd.

     30,100         181,102   

Kose Corp.

     29,600         1,257,450   

Kurabo Industries Ltd.

     329,000         557,856   

Kureha Corp.(a)

     190,000         935,321   

KYB Co., Ltd.

     195,000         878,162   

Kyodo Printing Co., Ltd.(a)

     71,000         253,722   

Kyokuto Securities Co., Ltd.

     73,400         1,201,085   

KYORIN Holdings, Inc.(a)

     67,900         1,377,870   

Kyoritsu Printing Co., Ltd.

     202,300         547,729   

Kyowa Exeo Corp.

     67,300         874,265   

Lintec Corp.(a)

     53,030         1,121,077   

Lion Corp.

     224,000         1,204,795   

Maeda Corp.

     34,000         272,446   

Maeda Road Construction Co., Ltd.

     42,000         653,193   

Makino Milling Machine Co., Ltd.(a)

     61,000         450,987   

Mandom Corp.(a)

     16,630         573,814   

Mars Engineering Corp.

     41,100         726,495   

Matsumotokiyoshi Holdings Co., Ltd.

     30,400         896,522   

Meidensha Corp.

     90,000         354,437   

Meitec Corp.(a)

     38,100         1,132,285   

Melco Holdings, Inc.

     22,500         429,919   

Mie Bank Ltd. (The)

     380,056         883,489   

Minato Bank Ltd. (The)

     377,787         743,899   

MISUMI Group, Inc.

     33,064         997,692   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      75   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Mitsubishi Steel Manufacturing Co., Ltd.

     215,553       $ 479,465   

Mitsui Engineering & Shipbuilding Co., Ltd.

     361,000         812,863   

Mitsui Matsushima Co., Ltd.(a)

     129,000         162,286   

Mitsui Mining & Smelting Co., Ltd.

     266,000         708,072   

Mitsuuroko Group Holdings Co., Ltd.

     88,281         439,413   

Miura Co., Ltd.(a)

     80,400         945,494   

Miyazaki Bank Ltd. (The)

     211,000         648,225   

Mizuno Corp.(a)

     60,000         317,790   

Mochida Pharmaceutical Co., Ltd.(a)

     13,400         903,961   

Modec, Inc.(a)

     33,359         873,699   

Monex Group, Inc.(a)

     240,038         625,834   

Morinaga Milk Industry Co., Ltd.

     479,000         1,541,429   

MOS Food Services, Inc.(a)

     12,200         243,455   

Musashi Seimitsu Industry Co., Ltd.(a)

     23,100         457,809   

Musashino Bank Ltd. (The)

     26,000         862,756   

Nachi-Fujikoshi Corp.

     55,000         402,115   

Nagaileben Co., Ltd.

     32,000         620,192   

Nagase & Co., Ltd.(a)

     73,100         888,302   

Nagatanien Co., Ltd.

     9,000         88,281   

Nakanishi, Inc.

     6,000         220,976   

Nanto Bank Ltd. (The)

     206,000         831,925   

NEC Networks & System Integration Corp.

     31,900         720,618   

NET One Systems Co., Ltd.(a)

     22,400         129,260   

Neturen Co., Ltd.(a)

     107,400         795,991   

NHK Spring Co., Ltd.

     156,148         1,530,235   

Nichias Corp.

     83,000         548,566   

Nichicon Corp.

     77,702         558,177   

Nichiha Corp.

     58,400         581,897   

Nichii Gakkan Co.

     86,000         681,289   

Nichirei Corp.

     235,000         987,602   

Nifco, Inc.

     33,100         1,019,901   

Nihon Kohden Corp.(a)

     23,800         1,249,720   

Nihon Parkerizing Co., Ltd.(a)

     22,000         501,992   

Nihon Unisys Ltd.

     54,800         495,071   

Nikkiso Co., Ltd.

     56,955         627,728   

Nippo Corp.

     32,000         586,645   

Nippon Coke & Engineering Co., Ltd.

     130,500         135,621   

Nippon Flour Mills Co., Ltd.(a)

     168,194         814,176   

Nippon Kayaku Co., Ltd.

     87,000         1,060,386   

Nippon Konpo Unyu Soko Co., Ltd.(a)

     53,400         894,746   

Nippon Paper Industries Co., Ltd.(a)

     61,400         918,523   

Nippon Road Co., Ltd. (The)

     112,000         627,923   

Nippon Sharyo Ltd.(a)

     122,000         438,197   

Nippon Shinyaku Co., Ltd.

     20,000         605,315   

Nippon Soda Co., Ltd.

     95,000         484,981   

Nippon Steel & Sumikin Bussan Corp.

     146,736         565,836   

Nippon Synthetic Chemical Industry Co., Ltd. (The)(a)

     102,157         736,644   

Nippon Valqua Industries Ltd.

     278,000         800,839   

Nipro Corp.(a)

     134,791         1,119,418   

Nishi-Nippon City Bank Ltd. (The)(a)

     579,000         1,546,534   

Nishi-Nippon Railroad Co., Ltd.

     219,000         826,528   

Nishimatsu Construction Co., Ltd.(a)

     215,000         972,150   

Nisshinbo Holdings, Inc.(a)

     66,000         554,136   
Investments    Shares      Value  
     

Nissin Kogyo Co., Ltd.(a)

     46,100       $ 757,722   

Nitta Corp.(a)

     20,000         485,528   

Nitto Boseki Co., Ltd.

     92,000         353,927   

Nitto Kogyo Corp.

     28,700         575,596   

NOF Corp.(a)

     81,000         505,073   

Noritz Corp.

     39,400         695,727   

North Pacific Bank Ltd.(a)

     146,400         576,551   

NS Solutions Corp.

     36,000         1,069,876   

NS United Kaiun Kaisha Ltd.

     244,473         603,967   

Oita Bank Ltd. (The)

     138,000         519,568   

Okamura Corp.(a)

     47,600         360,596   

Oki Electric Industry Co., Ltd.

     276,000         644,113   

OKUMA Corp.(a)

     72,000         575,632   

Okumura Corp.

     170,000         991,841   

OSG Corp.

     51,000         883,358   

Pal Co., Ltd.

     27,200         738,922   

Paltac Corp.

     64,276         786,348   

PanaHome Corp.

     134,000         930,835   

Pasco Corp.

     98,062         378,141   

Pigeon Corp.

     21,300         1,205,825   

Plenus Co., Ltd.

     44,600         1,024,993   

Pola Orbis Holdings, Inc.(a)

     23,717         928,616   

Relo Holdings, Inc.

     10,199         703,828   

Rengo Co., Ltd.(a)

     80,000         359,542   

Resorttrust, Inc.

     58,800         1,312,742   

Riken Corp.

     166,728         705,244   

Riken Technos Corp.

     51,600         238,490   

Riso Kagaku Corp.(a)

     20,520         664,078   

Round One Corp.

     90,859         546,670   

Royal Holdings Co., Ltd.

     21,700         350,341   

Ryobi Ltd.

     179,000         522,175   

Ryoden Trading Co., Ltd.

     52,000         389,188   

Ryosan Co., Ltd.

     24,586         528,948   

Saizeriya Co., Ltd.(a)

     44,700         598,608   

San-Ai Oil Co., Ltd.(a)

     80,000         556,452   

San-In Godo Bank Ltd. (The)

     118,000         832,599   

Sanden Corp.

     84,000         497,744   

Sankyo Seiko Co., Ltd.

     124,000         458,945   

Sankyu, Inc.

     392,000         2,094,097   

Sanrio Co., Ltd.(a)

     77,800         2,255,381   

Sanwa Holdings Corp.(a)

     143,000         1,016,819   

Sanyo Chemical Industries Ltd.

     90,000         553,808   

Sapporo Holdings Ltd.

     287,000         1,104,098   

Sato Holdings Corp.(a)

     27,200         764,957   

Seika Corp.

     108,000         263,859   

Seino Holdings Co., Ltd.

     52,000         416,683   

Senko Co., Ltd.(a)

     175,000         760,974   

Shiga Bank Ltd. (The)

     110,000         605,679   

Shinko Electric Industries Co., Ltd.(a)

     88,200         644,042   

Shinmaywa Industries Ltd.

     24,000         218,351   

Shizuoka Gas Co., Ltd.

     39,700         264,196   

Showa Denko K.K.(a)

     1,006,000         1,320,607   

SKY Perfect JSAT Holdings, Inc.

     217,900         1,281,239   

Sojitz Corp.

     896,000         1,404,914   

 

See Notes to Financial Statements.

 

76   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Sotetsu Holdings, Inc.(a)

     332,000       $ 1,201,550   

Square Enix Holdings Co., Ltd.(a)

     67,800         1,439,502   

St. Marc Holdings Co., Ltd.(a)

     8,200         414,130   

Star Micronics Co., Ltd.

     51,500         757,277   

Starzen Co., Ltd.

     223,000         695,255   

Studio Alice Co., Ltd.

     22,000         282,584   

Sumitomo Bakelite Co., Ltd.(a)

     238,000         932,950   

Sumitomo Forestry Co., Ltd.(a)

     93,100         1,001,486   

Sumitomo Osaka Cement Co., Ltd.(a)

     147,000         482,429   

Sumitomo Warehouse Co., Ltd. (The)(a)

     169,295         893,585   

Tadano Ltd.

     35,000         644,195   

Taiyo Holdings Co., Ltd.(a)

     32,859         1,046,923   

Takagi Securities Co., Ltd.(a)

     58,000         134,828   

Takara Holdings, Inc.

     99,900         760,440   

Takara Standard Co., Ltd.

     84,000         719,048   

Takasago Thermal Engineering Co., Ltd.(a)

     95,000         1,228,907   

Tama Home Co., Ltd.(a)

     77,800         490,794   

Tamron Co., Ltd.(a)

     17,700         339,978   

Teijin Ltd.(a)

     545,765         1,318,453   

Temp Holdings Co., Ltd.(a)

     8,700         264,898   

TOA Corp.(a)

     35,000         366,926   

Toagosei Co., Ltd.

     239,000         984,803   

TOC Co., Ltd.(a)

     85,620         553,394   

Tochigi Bank Ltd. (The)

     115,000         450,795   

Toda Corp.

     148,000         743,407   

Toei Co., Ltd.

     67,000         347,536   

Toho Bank Ltd. (The)(a)

     242,000         902,302   

Toho Holdings Co., Ltd.

     36,700         701,581   

Toho Zinc Co., Ltd.

     125,000         475,181   

Tokai Carbon Co., Ltd.

     230,000         637,404   

Tokai Rika Co., Ltd.

     69,687         1,472,578   

Tokuyama Corp.(a)

     116,000         381,749   

Tokyo Dome Corp.

     96,000         404,321   

Tokyo Seimitsu Co., Ltd.(a)

     23,300         391,466   

Tokyo Tomin Bank Ltd. (The)(a)

     48,700         585,581   

Tokyotokeiba Co., Ltd.(a)

     132,000         377,848   

Tomen Electronics Corp.(a)

     17,810         266,594   

TOMONY Holdings, Inc.(a)

     152,590         641,269   

Toppan Forms Co., Ltd.(a)

     91,800         947,332   

Toshiba Machine Co., Ltd.(a)

     129,000         587,994   

Toshiba Plant Systems & Services Corp.

     35,900         604,142   

Toshiba TEC Corp.

     86,000         556,634   

Towa Bank Ltd. (The)

     324,000         292,411   

Toyo Ink SC Holdings Co., Ltd.

     250,000         1,166,872   

Toyo Kohan Co., Ltd.

     78,000         422,371   

Toyo Tire & Rubber Co., Ltd.

     55,600         950,362   

Toyobo Co., Ltd.

     527,694         764,878   

Toyota Boshoku Corp.(a)

     116,780         1,224,276   

Trancom Co., Ltd.

     7,000         314,281   

TS Tech Co., Ltd.(a)

     40,200         977,011   

Tsubakimoto Chain Co.

     55,000         454,260   

Tsugami Corp.(a)

     73,247         407,985   

Tsukishima Kikai Co., Ltd.(a)

     31,700         353,715   

UACJ Corp.(a)

     325,540         1,237,524   
Investments    Shares      Value  
     

Ube Industries Ltd.(a)

     978,000       $ 1,560,235   

Union Tool Co.

     14,000         384,794   

Unipres Corp.(a)

     24,900         487,808   

United Arrows Ltd.(a)

     5,600         207,010   

Universal Entertainment Corp.(a)

     36,600         599,573   

UNY Group Holdings Co., Ltd.(a)

     316,600         1,682,646   

Ushio, Inc.(a)

     65,000         686,175   

Valor Co., Ltd.

     44,300         716,425   

Wacom Co., Ltd.(a)

     134,300         580,320   

Yachiyo Bank Ltd. (The)

     14,200         449,838   

YAMABIKO Corp.

     5,400         218,816   

Yamato Kogyo Co., Ltd.

     41,013         1,368,409   

Yamazen Corp.

     85,600         670,317   

Yokohama Reito Co., Ltd.(a)

     63,600         471,949   

Yuasa Trading Co., Ltd.

     31,400         608,850   

Zenrin Co., Ltd.(a)

     38,300         453,895   

Zeon Corp.(a)

     96,000         978,422   

ZERIA Pharmaceutical Co., Ltd.(a)

     28,300         583,569   
     

 

 

 
Total Japan               257,027,496   
Netherlands – 0.9%      

Amsterdam Commodities N.V.

     41,120         927,475   

BE Semiconductor Industries N.V.

     87,433         1,546,296   

BinckBank N.V.

     167,976         1,672,526   

Brunel International N.V.

     32,717         749,722   

Koninklijke BAM Groep N.V.(a)

     141,537         418,384   

Koninklijke Ten Cate N.V.

     32,556         802,170   

TKH Group N.V. CVA

     33,114         1,065,024   

USG People N.V.

     59,914         712,208   
     

 

 

 
Total Netherlands               7,893,805   
New Zealand – 3.2%      

Air New Zealand Ltd.

     1,791,890         2,709,576   

Ebos Group Ltd.

     179,579         1,294,749   

Fisher & Paykel Healthcare Corp., Ltd.(a)

     837,533         3,388,110   

Freightways Ltd.

     245,565         976,169   

Hallenstein Glasson Holdings Ltd.

     222,351         556,330   

Heartland New Zealand Ltd.

     1,132,086         873,580   

Infratil Ltd.

     1,017,742         2,244,980   

Kathmandu Holdings Ltd.

     328,511         809,143   

Mainfreight Ltd.

     82,414         959,067   

Metlifecare Ltd.

     54,164         194,203   

Nuplex Industries Ltd.

     308,886         739,137   

NZX Ltd.

     759,770         746,175   

Port of Tauranga Ltd.(a)

     98,848         1,225,049   

Restaurant Brands New Zealand Ltd.

     272,751         714,322   

Skellerup Holdings Ltd.

     354,878         431,511   

Sky Network Television Ltd.

     728,191         3,575,807   

SKYCITY Entertainment Group Ltd.(a)

     1,080,481         3,073,960   

Steel & Tube Holdings Ltd.

     302,409         659,996   

Trade Me Group Ltd.

     318,742         869,552   

Warehouse Group Ltd. (The)

     479,349         1,143,303   

Z Energy Ltd.(a)

     895,367         2,763,659   
     

 

 

 
Total New Zealand               29,948,378   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      77   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Norway – 3.2%      

ABG Sundal Collier Holding ASA

     1,178,005       $ 981,251   

Atea ASA

     289,020         3,251,208   

Austevoll Seafood ASA

     212,019         1,409,554   

Borregaard ASA

     124,255         713,870   

Cermaq ASA

     66,062         995,134   

Fred Olsen Energy ASA(a)

     248,011         4,556,506   

Leroy Seafood Group ASA

     78,295         3,017,090   

Petroleum Geo-Services ASA(a)

     213,892         1,355,401   

Protector Forsikring ASA

     120,326         738,133   

Salmar ASA

     281,053         4,966,644   

Selvaag Bolig ASA

     277,855         904,156   

SpareBank 1 Nord Norge

     164,089         983,601   

SpareBank 1 SMN

     163,562         1,508,863   

Tomra Systems ASA

     152,259         1,161,604   

Veidekke ASA

     187,736         1,892,633   

Wilh. Wilhelmsen ASA

     164,107         1,283,932   
     

 

 

 
Total Norway               29,719,580   
Portugal – 0.7%      

CTT-Correios de Portugal S.A.

     164,427         1,598,347   

Mota-Engil, SGPS, S.A.

     271,429         1,753,502   

REN – Redes Energeticas Nacionais, SGPS, S.A.

     493,270         1,663,739   

Semapa-Sociedade de Investimento e Gestao

     82,368         1,009,194   

Teixeira Duarte S.A.(a)

     135,025         146,008   
     

 

 

 
Total Portugal               6,170,790   
Singapore – 4.3%      

Amtek Engineering Ltd.

     1,193,278         589,481   

Asian Pay Television Trust

     5,053,000         3,268,819   

Boustead Singapore Ltd.

     836,000         1,157,014   

Chip Eng Seng Corp., Ltd.

     1,741,878         1,229,272   

Courts Asia Ltd.(a)

     906,660         319,922   

CSE Global Ltd.

     1,356,000         712,397   

CWT Ltd.

     757,676         995,144   

Falcon Energy Group Ltd.

     1,303,442         352,613   

Fragrance Group Ltd.

     1,670,369         294,702   

GMG Global Ltd.

     4,183,000         216,481   

Ho Bee Land Ltd.(a)

     676,000         1,065,443   

Hong Fok Corp. Ltd.

     819,704         623,471   

Hong Leong Asia Ltd.

     1,159,121         1,354,262   

Hotel Properties Ltd.

     358,000         1,164,981   

Jaya Holdings Ltd.

     4,784,508         161,322   

OSIM International Ltd.(a)

     1,003,000         2,068,447   

OUE Ltd.(a)

     1,834,797         3,064,469   

Oxley Holdings Ltd.(a)

     3,964,282         1,740,765   

Pacific Radiance Ltd.

     314,742         345,518   

Pan-United Corp., Ltd.(a)

     892,000         671,466   

Petra Foods Ltd.

     307,803         975,084   

Raffles Medical Group Ltd.(a)

     327,000         987,179   

Religare Health Trust

     1,464,532         1,090,963   

Rickmers Maritime

     6,246,742         1,469,476   

SMRT Corp., Ltd.(a)

     985,000         1,197,169   
Investments    Shares      Value  
     

Stamford Land Corp., Ltd.

     2,250,000       $ 1,005,646   

Super Group Ltd.(a)

     1,443,064         1,442,724   

Tat Hong Holdings Ltd.

     614,000         380,350   

UMS Holdings Ltd.(a)

     1,657,767         740,945   

United Engineers Ltd.

     761,989         1,690,919   

Venture Corp., Ltd.

     658,944         3,932,066   

Wee Hur Holdings Ltd.

     3,260,199         971,439   

Wing Tai Holdings Ltd.(a)

     1,389,000         1,922,359   

Yongnam Holdings Ltd.

     1,790,393         277,972   
     

 

 

 
Total Singapore               39,480,280   
Spain – 0.5%      

Cie Automotive S.A.

     79,767         1,109,430   

Duro Felguera S.A.

     259,483         1,235,775   

Elecnor S.A.

     65,352         787,583   

Faes Farma S.A.

     277,079         708,791   

Miquel y Costas & Miquel S.A.

     15,300         477,202   

Papeles y Cartones de Europa S.A.

     111,334         639,924   

Pescanova S.A.*†

     7,082         0   
     

 

 

 
Total Spain               4,958,705   
Sweden – 3.7%      

AddTech AB Class B

     52,130         714,144   

AF AB Class B

     67,701         1,033,115   

Atrium Ljungberg AB Class B

     144,708         2,077,753   

Axis Communications AB(a)

     59,940         1,633,125   

B&B Tools AB Class B

     36,328         714,374   

Betsson AB*

     53,538         1,901,355   

Bilia AB Class A

     47,117         1,268,062   

Byggmax Group AB

     110,504         720,505   

Clas Ohlson AB Class B

     86,127         1,460,661   

Duni AB

     92,963         1,167,132   

Fabege AB

     228,935         2,917,108   

Gunnebo AB

     133,424         683,001   

Holmen AB Class B

     86,247         2,629,861   

Indutrade AB

     33,435         1,273,224   

Kungsleden AB(a)

     158,181         941,397   

Loomis AB Class B

     67,622         1,937,176   

Mekonomen AB(a)

     69,373         1,506,142   

New Wave Group AB Class B

     80,192         366,006   

Nobia AB(a)

     101,403         882,725   

Nolato AB Class B

     46,940         1,064,687   

Peab AB

     354,673         2,445,868   

Proffice AB Class B

     94,617         294,021   

Ratos AB Class B(a)

     411,356         2,981,709   

Semcon AB

     68,376         490,880   

Svenska Cellulosa AB SCA Class A

     28,361         677,904   

Sweco AB Class B

     73,663         1,044,898   
     

 

 

 
Total Sweden               34,826,833   
Switzerland – 1.9%      

Ascom Holding AG Registered Shares

     32,528         456,175   

BKW AG(a)

     52,848         1,745,007   

Cembra Money Bank AG

     48,005         2,738,119   

Gategroup Holding AG*

     20,925         450,035   

Implenia AG Registered Shares*

     12,783         698,349   

 

See Notes to Financial Statements.

 

78   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Kudelski S.A. Bearer Shares

     31,523       $ 410,739   

Logitech International S.A. Registered Shares(a)

     213,461         2,747,850   

Nobel Biocare Holding AG Registered Shares*(a)

     84,424         1,497,632   

Schweizerische National-Versicherungs-Gesellschaft AG Registered Shares(a)

     22,058         1,925,314   

Tecan Group AG Registered Shares(a)

     6,177         649,700   

Valiant Holding AG Registered Shares

     17,023         1,355,783   

Vontobel Holding AG Registered Shares(a)

     88,912         3,224,281   
     

 

 

 
Total Switzerland               17,898,984   
United Kingdom – 14.9%      

A.G.BARR PLC

     78,451         784,706   

African Barrick Gold PLC

     405,086         1,436,871   

Al Noor Hospitals Group PLC

     27,251         449,732   

Alent PLC

     239,726         1,274,714   

Aveva Group PLC

     33,488         835,509   

Bank of Georgia Holdings PLC

     37,896         1,510,075   

Betfair Group PLC

     46,441         879,362   

Bloomsbury Publishing PLC

     138,501         369,915   

Bodycote PLC

     109,754         1,189,447   

Bovis Homes Group PLC

     84,189         1,063,203   

Brammer PLC

     112,131         683,497   

Brewin Dolphin Holdings PLC

     252,511         1,113,454   

Cable & Wireless Communications PLC

     4,650,921         3,536,186   

Chesnara PLC

     212,911         1,225,320   

Chime Communications PLC

     107,491         508,836   

Cineworld Group PLC

     202,331         1,069,309   

Communisis PLC

     246,541         238,809   

Computacenter PLC

     137,839         1,407,784   

Concentric AB

     48,833         577,522   

Connect Group PLC

     278,696         674,324   

Costain Group PLC

     160,198         737,562   

Countrywide PLC

     108,288         792,438   

Cranswick PLC

     44,732         963,030   

Crest Nicholson Holdings PLC

     187,222         986,424   

CSR PLC

     65,642         806,630   

Dairy Crest Group PLC

     227,791         1,417,125   

Darty PLC

     542,536         653,053   

De La Rue PLC

     181,107         1,400,480   

Debenhams PLC

     2,409,546         2,277,335   

Dechra Pharmaceuticals PLC

     83,375         1,024,539   

Development Securities PLC

     121,042         385,587   

Devro PLC

     283,319         1,091,992   

Diploma PLC

     98,448         1,100,435   

Domino Printing Sciences PLC

     94,930         940,303   

Domino’s Pizza Group PLC

     179,612         1,653,891   

E2V Technologies PLC

     279,923         730,613   

Electrocomponents PLC

     621,278         2,246,022   

Elementis PLC

     282,134         1,168,610   

EMIS Group PLC

     61,508         741,371   

esure Group PLC

     480,314         1,797,929   

Euromoney Institutional Investor PLC

     71,345         1,173,959   

Ferrexpo PLC

     77,707         141,470   
Investments    Shares      Value  
     

Fidessa Group PLC

     42,190       $ 1,566,960   

Foxtons Group PLC

     42,185         147,035   

Galliford Try PLC

     85,074         1,746,038   

Genus PLC

     69,815         1,278,941   

Go-Ahead Group PLC

     71,666         2,957,977   

Greggs PLC

     168,427         1,616,429   

Halfords Group PLC

     349,651         2,689,640   

Headlam Group PLC

     82,063         545,449   

Helical Bar PLC

     146,884         833,424   

Hill & Smith Holdings PLC

     121,281         1,103,009   

Hilton Food Group PLC

     99,130         668,531   

Homeserve PLC

     364,892         1,891,168   

Hunting PLC

     130,253         1,884,600   

Interserve PLC

     135,932         1,321,095   

ITE Group PLC

     311,896         857,043   

J D Wetherspoon PLC

     82,176         1,063,093   

James Fisher & Sons PLC

     34,214         735,480   

James Halstead PLC

     176,311         826,753   

John Menzies PLC

     74,825         690,212   

Johnson Service Group PLC

     382,033         365,406   

Kcom Group PLC

     732,241         1,121,784   

Keller Group PLC

     61,168         872,630   

Kier Group PLC

     74,250         1,980,093   

Ladbrokes PLC(a)

     1,928,268         4,045,059   

Laird PLC

     419,061         2,103,980   

Lookers PLC

     325,011         706,035   

Low & Bonar PLC

     466,577         455,726   

Marshalls PLC

     204,233         664,668   

Marston’s PLC

     914,397         2,183,538   

Michael Page International PLC

     269,592         1,829,488   

Micro Focus International PLC

     167,364         2,876,015   

Mitie Group PLC

     422,184         1,970,456   

Moneysupermarket.com Group PLC

     673,959         2,139,289   

Morgan Advanced Materials PLC

     301,063         1,448,587   

Morgan Sindall Group PLC

     70,025         931,440   

N Brown Group PLC(a)

     285,539         1,766,895   

National Express Group PLC

     641,933         2,471,591   

NCC Group PLC

     228,128         724,866   

NMC Health PLC

     78,168         604,464   

Northgate PLC

     60,375         473,529   

Novae Group PLC

     107,576         936,511   

Pace PLC

     129,748         627,026   

Photo-Me International PLC

     439,889         937,761   

Polar Capital Holdings PLC

     90,985         611,758   

Premier Farnell PLC

     619,098         1,826,644   

QinetiQ Group PLC

     443,542         1,614,263   

Rank Group PLC

     336,107         877,257   

Renishaw PLC

     54,181         1,431,719   

Restaurant Group PLC (The)

     131,396         1,389,907   

Ricardo PLC

     58,690         638,425   

RPC Group PLC

     192,194         1,741,706   

RPS Group PLC

     198,788         841,112   

Savills PLC

     95,242         944,166   

Schroders PLC Non-Voting Shares

     61,328         1,884,045   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      79   


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Senior PLC

     267,598       $ 1,163,496   

Shanks Group PLC

     575,357         839,466   

SIG PLC

     380,161         1,026,753   

Spirit Pub Co. PLC

     700,206         1,089,733   

St. Ives PLC

     203,174         657,928   

St. Modwen Properties PLC

     87,999         523,561   

SThree PLC

     170,179         966,290   

Synergy Health PLC

     34,186         811,912   

Synthomer PLC

     263,438         905,394   

Ted Baker PLC

     19,653         593,560   

Telecity Group PLC(a)

     111,612         1,353,430   

Telecom Plus PLC

     46,441         1,005,093   

TT electronics PLC

     202,861         548,388   

Ultra Electronics Holdings PLC

     61,600         1,768,571   

Unite Group PLC (The)

     84,269         579,921   

UTV Media PLC

     264,607         930,860   

Vesuvius PLC

     322,774         2,364,112   

WH Smith PLC

     144,613         2,538,979   

WS Atkins PLC

     80,312         1,714,705   

Xaar PLC

     21,838         133,114   
     

 

 

 
Total United Kingdom               139,035,355   
TOTAL COMMON STOCKS
(Cost: $869,734,109)
              923,800,788   
EXCHANGE-TRADED FUNDS – 0.0%      
United States – 0.0%      

WisdomTree Europe SmallCap Dividend Fund(b)

     1,403         73,503   

WisdomTree Japan SmallCap Dividend Fund(b)

     1,181         60,763   

TOTAL EXCHANGE-TRADED FUNDS

(Cost: $134,538)

              134,266   
RIGHTS – 0.1%      
Australia – 0.0%      

Arrium Ltd., expiring 10/8/14*

     4,629,017         4,051   
China – 0.0%      

Yuexiu Property Co., Ltd., expiring 10/14/14*(a)

     6,990,060         108,023   
Italy – 0.1%      

Immobiliare Grande Distribuzione, expiring 10/17/14*

     1,197,473         256,404   
Portugal – 0.0%      

Mota-Engil, SGPS, S.A., expiring 12/31/14*†

     228,799         115,612   
Sweden – 0.0%      

Kungsleden AB, expiring 10/8/14*(a)

     158,181         57,054   

TOTAL RIGHTS

(Cost: $492,889)

              541,144   
Investments    Shares      Value  
     
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 19.6%      
United States – 19.6%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(c)

     
(Cost: $182,833,361)(d)      182,833,361       $ 182,833,361   

TOTAL INVESTMENTS IN SECURITIES – 119.0%

(Cost: $1,053,194,897)

  

  

     1,107,309,559   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (19.0)%

        (176,514,542
     

 

 

 
NET ASSETS – 100.0%             $ 930,795,017   
*

Non-income producing security.

 

Security is being fair valued by a valuation committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $115,612, which represents 0.0% of net assets.

 

(a)

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b)

Affiliated company (See Note 7).

 

(c)

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(d)

At September 30, 2014, the total market value of the Fund’s securities on loan was $173,875,228 and the total market value of the collateral held by the Fund was $184,289,664. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $1,456,303.

CVA – Certificaten Van Aandelen (Certificate of Stock)

 

See Notes to Financial Statements.

 

80   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Japan Hedged Capital Goods Fund (DXJC)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 98.6%      
Japan – 98.6%      
Auto Components – 15.6%      

Aisin Seiki Co., Ltd.

     717       $ 25,851   

Bridgestone Corp.

     2,541         83,901   

Calsonic Kansei Corp.

     745         4,055   

Denso Corp.(a)

     1,859         85,667   

Exedy Corp.

     120         3,038   

FCC Co., Ltd.(a)

     122         1,983   

Keihin Corp.(a)

     145         1,915   

Koito Manufacturing Co., Ltd.

     483         13,117   

KYB Co., Ltd.

     785         3,535   

Mitsuba Corp.

     143         2,496   

Musashi Seimitsu Industry Co., Ltd.

     101         2,002   

NGK Spark Plug Co., Ltd.

     689         20,256   

NHK Spring Co., Ltd.

     913         8,947   

Nifco, Inc.

     173         5,331   

Nippon Seiki Co., Ltd.

     189         4,290   

Nissan Shatai Co., Ltd.

     262         4,273   

Nissin Kogyo Co., Ltd.(a)

     123         2,022   

NOK Corp.

     428         9,817   

Sanden Corp.

     673         3,988   

Showa Corp.

     220         2,409   

Stanley Electric Co., Ltd.

     600         12,974   

Sumitomo Electric Industries Ltd.

     2,868         42,368   

Sumitomo Rubber Industries Ltd.

     696         9,892   

Tachi-S Co., Ltd.(a)

     112         1,619   

Takata Corp.

     119         2,699   

Tokai Rika Co., Ltd.

     173         3,656   

Topre Corp.

     179         2,544   

Toyo Tire & Rubber Co., Ltd.

     382         6,529   

Toyoda Gosei Co., Ltd.(a)

     295         5,755   

Toyota Boshoku Corp.(a)

     256         2,684   

Toyota Industries Corp.

     756         36,527   

TPR Co., Ltd.

     146         3,520   

TS Tech Co., Ltd.

     185         4,496   

Unipres Corp.

     110         2,155   

Yokohama Rubber Co., Ltd. (The)

     999         8,643   
     

 

 

 
Total Auto Components               434,954   
Automobiles – 31.3%      

Daihatsu Motor Co., Ltd.(a)

     782         12,411   

Fuji Heavy Industries Ltd.(a)

     2,308         76,292   

Honda Motor Co., Ltd.(a)

     6,469         224,096   

Isuzu Motors Ltd.

     2,392         33,799   

Mazda Motor Corp.

     2,095         52,502   

Mitsubishi Motors Corp.(a)

     2,821         34,229   

Nissan Motor Co., Ltd.(a)

     9,214         89,792   

Suzuki Motor Corp.

     1,567         51,933   

Toyota Motor Corp.(a)

     4,672         275,264   

Yamaha Motor Co., Ltd.

     1,075         21,021   
     

 

 

 
Total Automobiles               871,339   
Investments    Shares      Value  
     
Building Products – 4.4%      

Aica Kogyo Co., Ltd.

     250       $ 5,315   

Asahi Glass Co., Ltd.(a)

     4,364         23,655   

Bunka Shutter Co., Ltd.

     348         3,099   

Central Glass Co., Ltd.

     714         2,525   

Daikin Industries Ltd.

     1,115         69,099   

Nippon Sheet Glass Co., Ltd.*(a)

     3,122         3,444   

Nitto Boseki Co., Ltd.

     937         3,605   

Noritz Corp.

     142         2,507   

Sanwa Holdings Corp.

     850         6,044   

Takasago Thermal Engineering Co., Ltd.

     280         3,622   
     

 

 

 
Total Building Products               122,915   
Chemicals – 1.5%      

Kansai Paint Co., Ltd.(a)

     1,063         15,873   

Nippon Paint Co., Ltd.

     941         21,146   

Toyo Ink SC Holdings Co., Ltd.

     782         3,650   
     

 

 

 
Total Chemicals               40,669   
Construction & Engineering – 2.6%      

Chiyoda Corp.

     635         7,010   

Chudenko Corp.

     147         2,405   

COMSYS Holdings Corp.

     476         8,206   

JGC Corp.

     999         27,267   

Kandenko Co., Ltd.

     503         2,540   

Kinden Corp.

     400         4,113   

Kyowa Exeo Corp.

     369         4,794   

Kyudenko Corp.

     200         2,363   

Mirait Holdings Corp.

     296         3,430   

Nippon Densetsu Kogyo Co., Ltd.

     201         3,219   

Taikisha Ltd.

     121         2,706   

Toshiba Plant Systems & Services Corp.

     126         2,120   

Toyo Engineering Corp.

     739         3,166   
     

 

 

 
Total Construction & Engineering               73,339   
Electrical Equipment – 7.6%      

Fuji Electric Co., Ltd.

     2,198         10,640   

Fujikura Ltd.

     1,232         5,930   

Furukawa Electric Co., Ltd.(a)

     2,977         5,970   

GS Yuasa Corp.(a)

     1,490         8,679   

Mabuchi Motor Co., Ltd.

     105         9,151   

Mitsubishi Electric Corp.

     7,629         101,574   

Nidec Corp.

     925         62,569   

Ushio, Inc.

     535         5,648   
     

 

 

 
Total Electrical Equipment               210,161   
Machinery – 28.5%      

Aida Engineering Ltd.

     262         2,663   

Amada Co., Ltd.(a)

     1,483         14,128   

Asahi Diamond Industrial Co., Ltd.

     249         3,605   

CKD Corp.(a)

     300         2,724   

Daifuku Co., Ltd.

     438         5,147   

DMG Mori Seiki Co., Ltd.

     400         5,127   

Ebara Corp.(a)

     1,633         9,781   

FANUC Corp.

     693         125,150   

Fujitec Co., Ltd.

     340         3,704   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      81   


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Japan Hedged Capital Goods Fund (DXJC)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Furukawa Co., Ltd.

     1,296       $ 2,682   

Glory Ltd.

     273         7,703   

Hino Motors Ltd.(a)

     1,100         15,383   

Hitachi Construction Machinery Co., Ltd.(a)

     358         7,206   

Hitachi Zosen Corp.(a)

     553         3,262   

Hoshizaki Electric Co., Ltd.

     221         10,315   

IHI Corp.(a)

     5,561         28,795   

Iseki & Co., Ltd.

     767         1,881   

Japan Steel Works Ltd. (The)(a)

     1,438         5,768   

JTEKT Corp.

     877         14,663   

Kawasaki Heavy Industries Ltd.(a)

     5,974         23,853   

Kitz Corp.

     398         1,985   

Komatsu Ltd.

     3,452         79,821   

Komori Corp.(a)

     243         2,951   

Kubota Corp.(a)

     4,124         65,134   

Kurita Water Industries Ltd.(a)

     400         8,923   

Kyokuto Kaihatsu Kogyo Co., Ltd.

     148         2,142   

Makino Milling Machine Co., Ltd.

     510         3,770   

Makita Corp.(a)

     510         28,825   

Meidensha Corp.

     820         3,229   

Minebea Co., Ltd.

     1,349         18,397   

Mitsubishi Heavy Industries Ltd.

     12,079         77,697   

Mitsui Engineering & Shipbuilding Co., Ltd.

     2,602         5,859   

Miura Co., Ltd.

     403         4,739   

Nabtesco Corp.(a)

     460         11,025   

Nachi-Fujikoshi Corp.

     775         5,666   

NGK Insulators Ltd.

     1,053         25,073   

NSK Ltd.(a)

     1,675         23,836   

NTN Corp.(a)

     1,870         8,438   

OKUMA Corp.

     524         4,189   

OSG Corp.

     333         5,768   

Shibuya Kogyo Co., Ltd.

     92         2,470   

Shinmaywa Industries Ltd.

     328         2,984   

SMC Corp.

     236         65,080   

Sodick Co., Ltd.

     179         1,970   

Star Micronics Co., Ltd.

     149         2,191   

Sumitomo Heavy Industries Ltd.

     2,128         11,969   

Tadano Ltd.

     423         7,786   

Takeuchi Manufacturing Co., Ltd.

     53         2,517   

THK Co., Ltd.(a)

     429         10,677   

Toshiba Machine Co., Ltd.

     511         2,329   

Tsubakimoto Chain Co.

     542         4,476   
     

 

 

 
Total Machinery               795,456   
Metals & Mining – 7.1%      

Daido Steel Co., Ltd.(a)

     1,455         5,796   

Hitachi Metals Ltd.

     716         12,898   

JFE Holdings, Inc.(a)

     2,094         41,777   

Kobe Steel Ltd.(a)

     12,106         19,644   

Maruichi Steel Tube Ltd.

     326         8,003   

Nippon Steel & Sumitomo Metal Corp.

     35,907         93,160   

Nisshin Steel Co., Ltd.(a)

     358         3,251   

Sanyo Special Steel Co., Ltd.

     633         2,337   

Tokyo Steel Manufacturing Co., Ltd.

     369         1,948   
Investments    Shares      Value  
     

Yamato Kogyo Co., Ltd.

     187       $ 6,239   

Yodogawa Steel Works Ltd.

     751         3,074   
     

 

 

 
Total Metals & Mining               198,127   

TOTAL COMMON STOCKS

(Cost: $2,679,846)

              2,746,960   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 29.4%      
United States – 29.4%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(b)

     
(Cost: $820,698)(c)      820,698         820,698   

TOTAL INVESTMENTS IN SECURITIES – 128.0%

(Cost: $3,500,544)

        3,567,658   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (28.0)%

        (780,515
     

 

 

 
NET ASSETS – 100.0%             $ 2,787,143   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(c) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $780,223 and the total market value of the collateral held by the Fund was $820,698.

 

See Notes to Financial Statements.

 

82   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Japan Hedged Equity Fund (DXJ)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 98.4%      
Japan – 98.4%      
Air Freight & Logistics – 0.1%      

Kintetsu World Express, Inc.

     115,700       $ 4,408,825   

Yusen Logistics Co., Ltd.(a)

     147,200         1,551,239   
     

 

 

 
Total Air Freight & Logistics         5,960,064   
Airlines – 0.5%      

Japan Airlines Co., Ltd.

     2,196,200         60,062,902   
Auto Components – 6.5%      

Aisin Seiki Co., Ltd.

     1,841,608         66,398,283   

Akebono Brake Industry Co., Ltd.(a)

     401,048         1,692,741   

Bridgestone Corp.

     3,741,685         123,546,042   

Calsonic Kansei Corp.(a)

     1,837,000         9,997,621   

Daido Metal Co., Ltd.

     357,000         4,640,886   

Denso Corp.

     4,599,779         211,968,484   

Eagle Industry Co., Ltd.(a)

     198,300         4,027,644   

Exedy Corp.

     334,515         8,468,464   

G-Tekt Corp.

     251,703         2,402,416   

Keihin Corp.(a)

     601,434         7,944,554   

Koito Manufacturing Co., Ltd.(a)

     542,801         14,740,911   

KYB Co., Ltd.

     2,480,000         11,168,422   

Musashi Seimitsu Industry Co., Ltd.(a)

     218,500         4,330,361   

NGK Spark Plug Co., Ltd.(a)

     881,200         25,907,015   

Nifco, Inc.

     304,145         9,371,531   

Nissin Kogyo Co., Ltd.(a)

     382,246         6,282,780   

NOK Corp.(a)

     567,300         13,011,776   

Pacific Industrial Co., Ltd.(a)

     125,300         949,216   

Press Kogyo Co., Ltd.(a)

     270,000         1,112,539   

Riken Corp.

     1,267,000         5,359,296   

Sanden Corp.

     1,627,000         9,640,822   

Sanoh Industrial Co., Ltd.(a)

     287,144         1,963,244   

Showa Corp.

     92,700         1,014,930   

Stanley Electric Co., Ltd.(a)

     783,807         16,948,723   

Sumitomo Electric Industries Ltd.

     2,666,883         39,397,273   

Sumitomo Rubber Industries Ltd.

     1,958,291         27,831,493   

T. RAD Co., Ltd.

     1,779,667         4,461,538   

Tachi-S Co., Ltd.(a)

     182,100         2,632,851   

Takata Corp.

     110,200         2,499,454   

Tokai Rika Co., Ltd.

     1,030,814         21,782,459   

Tokai Rubber Industries Ltd.(a)

     543,000         4,791,686   

Topre Corp.

     296,500         4,213,898   

Toyo Tire & Rubber Co., Ltd.

     612,800         10,474,498   

Toyota Boshoku Corp.(a)

     95,236         998,417   

TPR Co., Ltd.

     248,600         5,994,321   

TS Tech Co., Ltd.

     492,532         11,970,375   

Unipres Corp.(a)

     269,000         5,269,894   
     

 

 

 
Total Auto Components         705,206,858   
Automobiles – 14.9%      

Daihatsu Motor Co., Ltd.(a)

     1,688,969         26,806,099   

Fuji Heavy Industries Ltd.

     3,296,367         108,962,366   

Honda Motor Co., Ltd.(a)

     10,894,747         377,410,443   

Isuzu Motors Ltd.

     4,413,818         62,367,630   

Mazda Motor Corp.

     115,715         2,899,864   
Investments    Shares      Value  
     

Mitsubishi Motors Corp.(a)

     5,346,801       $ 64,876,176   

Nissan Motor Co., Ltd.(a)

     35,297,604         343,982,303   

Suzuki Motor Corp.

     1,332,036         44,146,195   

Toyota Motor Corp.

     9,722,175         572,810,219   

Yamaha Motor Co., Ltd.(a)

     1,064,400         20,813,510   
     

 

 

 
Total Automobiles         1,625,074,805   
Banks – 8.0%      

Mitsubishi UFJ Financial Group, Inc.

     91,677,622         518,332,296   

Mizuho Financial Group, Inc.(a)

     196,414,944         350,769,748   
     

 

 

 
Total Banks         869,102,044   
Beverages – 1.0%      

Kirin Holdings Co., Ltd.(a)

     5,649,045         75,006,464   

Suntory Beverage & Food Ltd.

     955,000         33,866,174   
     

 

 

 
Total Beverages         108,872,638   
Building Products – 0.6%      

Asahi Glass Co., Ltd.(a)

     1,632,735         8,850,214   

Central Glass Co., Ltd.

     1,765,000         6,242,946   

Daikin Industries Ltd.(a)

     609,549         37,774,868   

Okabe Co., Ltd.

     342,400         3,764,387   

Sanwa Holdings Corp.

     1,599,831         11,375,798   
     

 

 

 
Total Building Products         68,008,213   
Capital Markets – 1.4%      

Monex Group, Inc.(a)

     3,006,296         7,838,103   

Nomura Holdings, Inc.(a)

     23,426,027         139,622,922   

Sparx Group Co., Ltd.(a)

     911,700         1,803,536   
     

 

 

 
Total Capital Markets         149,264,561   
Chemicals – 6.6%      

ADEKA Corp.

     633,700         8,347,659   

Asahi Kasei Corp.

     7,169,522         58,195,382   

Chugoku Marine Paints Ltd.

     350,000         2,625,917   

Daicel Corp.

     1,873,542         20,341,752   

Denki Kagaku Kogyo K.K.

     5,082,076         16,632,165   

DIC Corp.

     4,739,538         10,628,801   

Fujimi, Inc.(a)

     596,600         8,451,765   

Hitachi Chemical Co., Ltd.

     1,268,415         22,548,058   

JSP Corp.(a)

     260,496         4,523,861   

Kansai Paint Co., Ltd.(a)

     906,000         13,528,675   

Kumiai Chemical Industry Co., Ltd.

     381,000         2,334,035   

Kuraray Co., Ltd.(a)

     3,142,637         36,842,438   

Kureha Corp.

     1,188,000         5,848,216   

Lintec Corp.

     664,247         14,042,470   

Mitsubishi Chemical Holdings Corp.(a)

     12,076,963         59,407,715   

Mitsubishi Gas Chemical Co., Inc.(a)

     169,564         1,080,498   

Mitsui Chemicals, Inc.(a)

     6,812,188         18,940,857   

Nihon Nohyaku Co., Ltd.

     199,300         1,953,120   

Nihon Parkerizing Co., Ltd.

     198,000         4,517,927   

Nippon Paint Co., Ltd.(a)

     1,049,000         23,572,497   

Nippon Shokubai Co., Ltd.(a)

     942,000         10,476,685   

Nippon Soda Co., Ltd.

     1,020,000         5,207,165   

Nissan Chemical Industries Ltd.(a)

     717,353         12,699,754   

Nitto Denko Corp.(a)

     728,974         39,972,457   

NOF Corp.(a)

     140,000         872,966   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      83   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged Equity Fund (DXJ)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Sakata INX Corp.

     262,300       $ 2,615,946   

Sanyo Chemical Industries Ltd.

     1,167,000         7,181,048   

Shin-Etsu Chemical Co., Ltd.(a)

     1,492,579         97,532,306   

Showa Denko K.K.(a)

     16,879,312         22,157,992   

Sumitomo Bakelite Co., Ltd.

     2,509,000         9,835,179   

Sumitomo Chemical Co., Ltd.(a)

     9,789,485         34,893,921   

Taiyo Holdings Co., Ltd.

     173,226         5,519,166   

Taiyo Nippon Sanso Corp.(a)

     2,229,953         19,657,820   

Takasago International Corp.

     573,634         2,719,264   

Teijin Ltd.(a)

     1,020,000         2,464,105   

Toray Industries, Inc.(a)

     8,106,318         53,576,558   

Tosoh Corp.

     2,921,614         11,825,485   

Toyo Ink SC Holdings Co., Ltd.

     3,176,322         14,825,442   

Toyobo Co., Ltd.

     2,297,513         3,330,184   

Ube Industries Ltd.

     6,962,000         11,106,705   

Zeon Corp.(a)

     1,311,000         13,361,575   
     

 

 

 
Total Chemicals         716,195,531   
Commercial Services & Supplies – 0.1%      

Sato Holdings Corp.(a)

     227,267         6,391,528   
Communications Equipment – 0.1%      

Hitachi Kokusai Electric, Inc.

     419,000         5,905,228   
Construction & Engineering – 0.2%      

JGC Corp.

     918,018         25,056,255   

Penta-Ocean Construction Co., Ltd.(a)

     316,443         1,064,474   

Toyo Engineering Corp.

     221,000         946,898   
     

 

 

 
Total Construction & Engineering         27,067,627   
Containers & Packaging – 0.0%      

Fuji Seal International, Inc.(a)

     137,491         4,317,941   
Electrical Equipment – 1.9%      

Daihen Corp.

     822,000         3,192,233   

Denyo Co., Ltd.

     68,900         940,273   

Fuji Electric Co., Ltd.

     2,803,869         13,572,674   

Fujikura Ltd.

     1,568,577         7,550,104   

Furukawa Electric Co., Ltd.(a)

     2,596,000         5,206,436   

GS Yuasa Corp.(a)

     1,835,920         10,694,680   

Idec Corp.

     218,907         1,827,967   

Mabuchi Motor Co., Ltd.

     17,300         1,507,708   

Mitsubishi Electric Corp.

     7,011,114         93,347,299   

Nidec Corp.(a)

     879,558         59,495,149   

Nippon Carbon Co., Ltd.(a)

     2,794,624         4,840,499   

Sanyo Denki Co., Ltd.

     141,000         1,181,266   

Ushio, Inc.(a)

     567,509         5,990,933   
     

 

 

 
Total Electrical Equipment         209,347,221   
Electronic Equipment, Instruments & Components – 5.9%      

Amano Corp.

     574,333         6,136,271   

Anritsu Corp.

     321,700         2,454,651   

Canon Electronics, Inc.(a)

     532,500         9,825,243   

Citizen Holdings Co., Ltd.

     1,187,385         7,782,760   

Enplas Corp.(a)

     37,948         1,937,270   

Hakuto Co., Ltd.

     384,519         3,880,419   

Hamamatsu Photonics K.K.(a)

     338,085         16,057,458   
Investments    Shares      Value  
     

Hitachi High-Technologies Corp.(a)

     398,219       $ 11,435,251   

Hitachi Ltd.

     17,174,028         131,120,365   

Horiba Ltd.

     30,000         1,091,207   

Hoya Corp.

     3,365,957         113,042,396   

Ibiden Co., Ltd.

     1,306,901         25,448,202   

Japan Aviation Electronics Industry Ltd.(a)

     309,000         7,042,253   

Keyence Corp.

     26,110         11,345,395   

Koa Corp.

     101,246         1,067,885   

Kyocera Corp.(a)

     1,440,318         67,108,485   

Macnica, Inc.

     120,600         3,847,942   

Murata Manufacturing Co., Ltd.(a)

     783,456         89,062,367   

Nichicon Corp.

     123,000         883,577   

Nippon Electric Glass Co., Ltd.(a)

     3,709,301         18,057,038   

Oki Electric Industry Co., Ltd.

     2,532,309         5,909,760   

Omron Corp.

     536,600         24,360,892   

Optex Co., Ltd.

     157,300         2,840,706   

Ryosan Co., Ltd.

     222,745         4,792,180   

Sanshin Electronics Co., Ltd.

     384,454         2,863,384   

Shimadzu Corp.

     1,298,000         11,229,336   

Siix Corp.(a)

     230,800         4,012,358   

Taiyo Yuden Co., Ltd.(a)

     291,100         3,258,770   

TDK Corp.(a)

     591,468         32,998,625   

Topcon Corp.

     247,700         5,636,166   

UKC Holdings Corp.

     19,199         313,464   

Yaskawa Electric Corp.(a)

     424,300         5,743,976   

Yokogawa Electric Corp.(a)

     315,538         4,147,917   
     

 

 

 
Total Electronic Equipment, Instruments & Components               636,733,969   
Food & Staples Retailing – 1.4%      

Ministop Co., Ltd.(a)

     65,700         915,769   

Seven & I Holdings Co., Ltd.

     3,858,824         149,646,176   
     

 

 

 
Total Food & Staples Retailing         150,561,945   
Food Products – 0.6%      

Ajinomoto Co., Inc.(a)

     2,433,513         40,486,451   

Fuji Oil Co., Ltd.

     66,700         984,432   

Kikkoman Corp.(a)

     743,000         15,788,623   

Nisshin Oillio Group Ltd. (The)(a)

     364,909         1,227,507   

Sakata Seed Corp.

     76,539         974,748   

Yakult Honsha Co., Ltd.(a)

     199,287         10,464,407   
     

 

 

 
Total Food Products         69,926,168   
Health Care Equipment & Supplies – 0.5%      

Sysmex Corp.

     369,460         14,853,171   

Terumo Corp.(a)

     1,486,256         35,620,284   
     

 

 

 
Total Health Care Equipment & Supplies         50,473,455   
Household Durables – 1.9%      

Casio Computer Co., Ltd.(a)

     2,067,857         34,459,571   

Foster Electric Co., Ltd.(a)

     717,300         10,318,605   

Fujitsu General Ltd.

     473,000         5,803,893   

Nikon Corp.(a)

     1,871,800         27,045,927   

Panasonic Corp.

     6,232,570         74,118,123   

Rinnai Corp.

     175,100         14,541,784   

Sekisui Chemical Co., Ltd.

     2,868,000         32,890,688   

Tamron Co., Ltd.(a)

     157,100         3,017,546   
     

 

 

 
Total Household Durables         202,196,137   

 

See Notes to Financial Statements.

 

84   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged Equity Fund (DXJ)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Household Products – 0.3%      

Lion Corp.

     170,000       $ 914,353   

Pigeon Corp.(a)

     187,400         10,608,998   

Unicharm Corp.(a)

     897,961         20,469,041   
     

 

 

 
Total Household Products         31,992,392   
Industrial Conglomerates – 0.8%      

Nisshinbo Holdings, Inc.

     1,334,000         11,200,273   

Toshiba Corp.(a)

     17,627,618         81,666,033   
     

 

 

 
Total Industrial Conglomerates         92,866,306   
Insurance – 1.4%      

MS&AD Insurance Group Holdings, Inc.

     2,258,200         49,252,414   

Tokio Marine Holdings, Inc.

     3,189,600         98,934,445   
     

 

 

 
Total Insurance         148,186,859   
IT Services – 0.4%      

Fujitsu Ltd.

     1,260,328         7,755,334   

NTT Data Corp.(a)

     895,900         32,260,404   
     

 

 

 
Total IT Services         40,015,738   
Leisure Products – 0.3%      

Dunlop Sports Co., Ltd.

     136,580         1,577,527   

Mizuno Corp.(a)

     842,000         4,459,656   

Shimano, Inc.

     62,000         7,539,815   

Tomy Co., Ltd.(a)

     1,813,400         10,084,088   

Yamaha Corp.(a)

     689,907         9,012,596   
     

 

 

 
Total Leisure Products         32,673,682   
Machinery – 8.1%      

Aida Engineering Ltd.

     238,000         2,419,162   

Amada Co., Ltd.(a)

     1,972,893         18,794,596   

Anest Iwata Corp.(a)

     242,800         1,772,941   

Asahi Diamond Industrial Co., Ltd.

     393,700         5,699,399   

CKD Corp.(a)

     108,200         982,426   

Daifuku Co., Ltd.

     556,000         6,533,425   

DMG Mori Seiki Co., Ltd.

     123,300         1,580,380   

Ebara Corp.(a)

     1,329,158         7,960,771   

FANUC Corp.

     571,889         103,278,373   

Fujitec Co., Ltd.(a)

     220,800         2,405,360   

Glory Ltd.

     55,800         1,574,374   

Hino Motors Ltd.(a)

     2,800,610         39,164,372   

Hitachi Koki Co., Ltd.

     805,311         7,003,662   

Hitachi Zosen Corp.(a)

     464,281         2,738,409   

Hoshizaki Electric Co., Ltd.

     222,369         10,379,045   

Hosokawa Micron Corp.

     478,022         2,836,887   

IHI Corp.(a)

     5,296,882         27,427,221   

Japan Steel Works Ltd. (The)(a)

     1,213,313         4,866,746   

JTEKT Corp.

     1,238,178         20,701,203   

Kawasaki Heavy Industries Ltd.(a)

     6,134,510         24,494,420   

Kitz Corp.

     985,500         4,914,249   

Komatsu Ltd.(a)

     6,129,106         141,724,576   

Kubota Corp.(a)

     6,013,502         94,975,999   

Makino Milling Machine Co., Ltd.(a)

     583,000         4,310,251   

Makita Corp.(a)

     499,869         28,252,772   

Minebea Co., Ltd.

     1,441,701         19,661,650   

Mitsubishi Heavy Industries Ltd.

     9,249,198         59,494,363   
Investments    Shares      Value  
     

Mitsui Engineering & Shipbuilding Co., Ltd.

     3,857,315       $ 8,685,508   

Nabtesco Corp.(a)

     485,300         11,630,919   

NGK Insulators Ltd.(a)

     1,653,939         39,382,731   

Nippon Thompson Co., Ltd.(a)

     534,000         2,760,181   

Nitta Corp.

     168,500         4,090,574   

Noritake Co., Ltd.

     1,538,145         3,743,878   

NSK Ltd.(a)

     1,953,366         27,797,113   

Obara Group, Inc.(a)

     82,600         3,027,048   

Oiles Corp.(a)

     55,200         1,061,780   

OKUMA Corp.(a)

     530,000         4,237,294   

OSG Corp.

     379,124         6,566,713   

Ryobi Ltd.

     1,552,000         4,527,463   

Shima Seiki Manufacturing Ltd.(a)

     337,400         5,554,897   

SMC Corp.(a)

     187,020         51,573,499   

Sodick Co., Ltd.(a)

     167,600         1,844,142   

Star Micronics Co., Ltd.(a)

     647,300         9,518,163   

Sumitomo Heavy Industries Ltd.(a)

     2,427,186         13,652,161   

Tadano Ltd.

     476,000         8,761,056   

THK Co., Ltd.

     303,679         7,557,716   

Torishima Pump Manufacturing Co., Ltd.(a)

     219,456         1,822,548   

Toshiba Machine Co., Ltd.

     1,210,000         5,515,292   

Tsubakimoto Chain Co.

     723,000         5,971,448   

Union Tool Co.(a)

     67,540         1,856,357   
     

 

 

 
Total Machinery         877,085,513   
Marine – 0.5%      

Iino Kaiun Kaisha Ltd.

     1,219,572         6,959,771   

Kawasaki Kisen Kaisha Ltd.(a)

     7,942,725         16,870,914   

Nippon Yusen K.K.(a)

     8,917,035         23,492,621   

NS United Kaiun Kaisha Ltd.(a)

     1,531,000         3,782,315   
     

 

 

 
Total Marine         51,105,621   
Media – 0.1%      

Dentsu, Inc.

     365,300         13,903,346   
Metals & Mining – 2.9%      

Aichi Steel Corp.(a)

     2,574,000         9,456,420   

Hitachi Metals Ltd.(a)

     1,385,018         24,949,137   

JFE Holdings, Inc.

     2,817,062         56,202,563   

Kobe Steel Ltd.(a)

     23,697,000         38,452,673   

Kyoei Steel Ltd.

     120,200         2,232,075   

Mitsubishi Materials Corp.(a)

     6,075,000         19,660,194   

Mitsubishi Steel Manufacturing Co., Ltd.

     2,802,000         6,232,627   

Mitsui Mining & Smelting Co., Ltd.

     2,398,000         6,383,299   

Nippon Steel & Sumitomo Metal Corp.

     37,493,992         97,276,905   

Sanyo Special Steel Co., Ltd.

     1,270,000         4,688,910   

Sumitomo Metal Mining Co., Ltd.(a)

     3,893,000         54,795,497   
     

 

 

 
Total Metals & Mining         320,330,300   
Multiline Retail – 0.1%      

Ryohin Keikaku Co., Ltd.

     58,600         6,982,105   
Oil, Gas & Consumable Fuels – 0.4%      

TonenGeneral Sekiyu K.K.(a)

     4,627,000         40,451,187   
Personal Products – 1.4%      

Kao Corp.

     2,810,780         109,579,294   

Mandom Corp.

     153,900         5,310,283   

Shiseido Co., Ltd.(a)

     2,534,122         41,802,213   
     

 

 

 
Total Personal Products         156,691,790   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      85   


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Japan Hedged Equity Fund (DXJ)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Pharmaceuticals – 7.4%      

Astellas Pharma, Inc.

     13,024,715       $ 193,895,434   

Daiichi Sankyo Co., Ltd.(a)

     5,919,821         92,875,810   

Eisai Co., Ltd.(a)

     2,718,077         109,892,625   

Hisamitsu Pharmaceutical Co., Inc.(a)

     652,600         23,439,938   

Kyowa Hakko Kirin Co., Ltd.

     3,016,470         36,985,753   

Shionogi & Co., Ltd.

     2,111,777         48,436,400   

Sumitomo Dainippon Pharma Co., Ltd.(a)

     180,500         2,298,724   

Takeda Pharmaceutical Co., Ltd.(a)

     6,885,963         299,305,087   
     

 

 

 
Total Pharmaceuticals         807,129,771   
Road & Rail – 0.2%      

Nippon Express Co., Ltd.

     4,706,000         19,691,454   
Semiconductors & Semiconductor Equipment – 0.8%      

Advantest Corp.

     119,500         1,540,389   

Dainippon Screen Manufacturing Co., Ltd.(a)

     1,990,300         10,124,321   

Disco Corp.(a)

     89,100         6,051,279   

MegaChips Corp.

     749,200         9,998,895   

Mitsui High-Tec, Inc.

     145,100         940,482   

Nuflare Technology, Inc.(a)

     68,300         3,405,816   

Sanken Electric Co., Ltd.(a)

     712,000         5,977,957   

Shindengen Electric Manufacturing Co., Ltd.

     648,000         4,424,559   

Shinko Electric Industries Co., Ltd.(a)

     834,310         6,092,186   

Tokyo Electron Ltd.

     536,653         35,018,571   
     

 

 

 
Total Semiconductors & Semiconductor Equipment               83,574,455   
Software – 0.9%      

Capcom Co., Ltd.

     139,500         2,189,881   

Konami Corp.(a)

     335,600         6,993,770   

Nexon Co., Ltd.

     1,778,400         14,672,063   

Nintendo Co., Ltd.(a)

     288,200         31,343,507   

Square Enix Holdings Co., Ltd.(a)

     690,600         14,662,541   

Trend Micro, Inc.(a)

     966,508         32,688,315   
     

 

 

 
Total Software               102,550,077   
Specialty Retail – 1.1%      

ABC-Mart, Inc.

     175,900         8,979,808   

Fast Retailing Co., Ltd.(a)

     233,700         78,198,263   

Sanrio Co., Ltd.(a)

     1,014,300         29,404,020   
     

 

 

 
Total Specialty Retail         116,582,091   
Technology Hardware, Storage & Peripherals – 5.6%      

Brother Industries Ltd.

     1,852,093         34,257,684   

Canon, Inc.

     11,714,397         381,295,907   

FUJIFILM Holdings Corp.

     2,263,995         69,553,427   

Konica Minolta, Inc.(a)

     2,431,538         26,244,961   

Ricoh Co., Ltd.(a)

     4,629,178         49,712,126   

Riso Kagaku Corp.

     217,814         7,048,997   

Roland DG Corp.

     97,800         4,034,322   

Seiko Epson Corp.

     548,954         26,373,012   

Toshiba TEC Corp.

     1,101,531         7,129,651   
     

 

 

 
Total Technology Hardware, Storage & Peripherals               605,650,087   
Investments    Shares      Value  
     
Textiles, Apparel & Luxury Goods – 0.3%      

Asics Corp.

     878,292       $ 19,784,489   

Descente Ltd.

     319,081         2,754,635   

Japan Vilene Co., Ltd.

     615,000         3,391,905   

Kurabo Industries Ltd.

     662,472         1,123,295   

Seiko Holdings Corp.(a)

     1,342,000         5,872,282   

Seiren Co., Ltd.(a)

     277,210         2,476,556   
     

 

 

 
Total Textiles, Apparel & Luxury Goods         35,403,162   
Tobacco – 3.5%      

Japan Tobacco, Inc.(a)

     11,896,731         386,851,174   
Trading Companies & Distributors – 9.6%      

Daiichi Jitsugyo Co., Ltd.(a)

     507,000         2,837,850   

Hanwa Co., Ltd.

     263,000         982,998   

Inabata & Co., Ltd.

     198,686         2,001,441   

ITOCHU Corp.(a)

     14,826,294         181,113,396   

Kuroda Electric Co., Ltd.(a)

     193,887         2,840,389   

Marubeni Corp.(a)

     14,835,178         101,538,371   

MISUMI Group, Inc.

     50,900         1,535,886   

Mitsubishi Corp.(a)

     14,002,400         286,698,486   

Mitsui & Co., Ltd.(a)

     16,990,789         267,884,312   

Nagase & Co., Ltd.(a)

     701,856         8,528,867   

Nippon Steel & Sumikin Bussan Corp.

     969,000         3,736,606   

Sojitz Corp.(a)

     14,952,021         23,444,529   

Sumitomo Corp.(a)

     11,036,377         121,787,997   

Toyota Tsusho Corp.(a)

     1,533,610         37,356,360   
     

 

 

 
Total Trading Companies & Distributors         1,042,287,488   
Transportation Infrastructure – 0.1%      

Sumitomo Warehouse Co., Ltd. (The)

     1,968,000         10,387,638   
TOTAL COMMON STOCKS
(Cost: $10,467,476,338)
         10,693,061,071   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 11.3%      
United States – 11.3%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(b)

     
(Cost: $1,222,890,117)(c)      1,222,890,117         1,222,890,117   
TOTAL INVESTMENTS IN SECURITIES – 109.7%
(Cost: $11,690,366,455)
         11,915,951,188   

Liabilities in Excess of Cash, Foreign Currency
and Other Assets – (9.7)%

   

     (1,052,181,022
     

 

 

 
NET ASSETS – 100.0%       $ 10,863,770,166   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(c) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $1,162,249,323 and the total market value of the collateral held by the Fund was $1,222,890,117.

 

See Notes to Financial Statements.

 

86   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Japan Hedged Financials Fund (DXJF)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 98.6%      
Japan – 98.6%      
Banks – 58.1%      

77 Bank Ltd. (The)

     7,500       $ 39,519   

Akita Bank Ltd. (The)

     3,000         8,369   

Aomori Bank Ltd. (The)

     3,000         9,107   

Aozora Bank Ltd.(a)

     23,000         77,788   

Awa Bank Ltd. (The)(a)

     5,000         28,807   

Bank of Kyoto Ltd. (The)

     7,500         62,286   

Bank of Nagoya Ltd. (The)

     3,500         13,369   

Bank of the Ryukyus Ltd.

     700         11,059   

Bank of Yokohama Ltd. (The)

     26,500         145,720   

Chiba Bank Ltd. (The)

     18,000         125,202   

Chugoku Bank Ltd. (The)

     4,100         60,213   

Daishi Bank Ltd. (The)

     7,000         24,440   

Fukui Bank Ltd. (The)

     3,000         7,193   

Fukuoka Financial Group, Inc.

     18,000         85,820   

Gunma Bank Ltd. (The)

     9,500         54,734   

Hachijuni Bank Ltd. (The)(a)

     11,100         66,684   

Higo Bank Ltd. (The)

     3,700         20,339   

Hiroshima Bank Ltd. (The)(a)

     13,000         63,877   

Hokkoku Bank Ltd. (The)

     6,000         20,402   

Hokuhoku Financial Group, Inc.

     27,000         52,919   

Hyakugo Bank Ltd. (The)

     5,000         20,056   

Hyakujushi Bank Ltd. (The)

     5,000         15,999   

Iyo Bank Ltd. (The)(a)

     6,600         66,785   

Joyo Bank Ltd. (The)(a)

     16,000         78,764   

Juroku Bank Ltd. (The)

     7,000         26,227   

Kagoshima Bank Ltd. (The)

     3,500         22,239   

Keiyo Bank Ltd. (The)

     6,000         30,576   

Kiyo Bank Ltd. (The)

     1,400         19,961   

Minato Bank Ltd. (The)

     8,000         15,753   

Mitsubishi UFJ Financial Group, Inc.

     150,500         850,906   

Miyazaki Bank Ltd. (The)

     3,000         9,216   

Mizuho Financial Group, Inc.(a)

     167,000         298,239   

Musashino Bank Ltd. (The)

     700         23,228   

Nanto Bank Ltd. (The)

     5,000         20,192   

Nishi-Nippon City Bank Ltd. (The)

     16,000         42,737   

North Pacific Bank Ltd.

     6,200         24,417   

Ogaki Kyoritsu Bank Ltd. (The)

     7,000         18,952   

Oita Bank Ltd. (The)

     3,000         11,295   

Resona Holdings, Inc.

     39,200         220,988   

San-In Godo Bank Ltd. (The)

     3,000         21,168   

Senshu Ikeda Holdings, Inc.

     4,700         24,165   

Seven Bank Ltd.(a)

     15,000         61,124   

Shiga Bank Ltd. (The)

     6,000         33,037   

Shinsei Bank Ltd.

     42,000         89,977   

Shizuoka Bank Ltd. (The)(a)

     13,500         138,944   

Sumitomo Mitsui Financial Group, Inc.

     21,200         864,079   

Sumitomo Mitsui Trust Holdings, Inc.

     78,100         325,016   

Suruga Bank Ltd.

     4,600         91,669   

Toho Bank Ltd. (The)

     5,000         18,643   

TOMONY Holdings, Inc.

     2,900         12,187   

Yamagata Bank Ltd. (The)(a)

     3,500         16,400   
Investments    Shares      Value  
     

Yamaguchi Financial Group, Inc.(a)

     6,000       $ 56,666   

Yamanashi Chuo Bank Ltd. (The)

     3,000         13,155   
     

 

 

 
Total Banks         4,560,607   
Capital Markets – 9.6%      

Daiwa Securities Group, Inc.(a)

     36,000         285,158   

Jafco Co., Ltd.(a)

     800         28,844   

Matsui Securities Co., Ltd.(a)

     2,500         23,292   

Monex Group, Inc.(a)

     4,100         10,690   

Nomura Holdings, Inc.

     49,400         294,432   

Okasan Securities Group, Inc.

     4,000         28,442   

SBI Holdings, Inc.

     4,400         49,256   

Tokai Tokyo Financial Holdings, Inc.(a)

     4,400         30,244   
     

 

 

 
Total Capital Markets         750,358   
Consumer Finance – 3.0%      

Acom Co., Ltd.*(a)

     9,300         31,115   

AEON Financial Service Co., Ltd.(a)

     1,800         38,512   

Aiful Corp.*(a)

     6,000         25,215   

Credit Saison Co., Ltd.(a)

     3,300         63,566   

Hitachi Capital Corp.

     1,000         24,039   

J Trust Co., Ltd.

     1,400         14,282   

Jaccs Co., Ltd.(a)

     3,000         16,683   

Orient Corp.*

     9,000         18,132   
     

 

 

 
Total Consumer Finance         231,544   
Diversified Financial Services – 8.9%      

Century Tokyo Leasing Corp.

     1,300         34,546   

Fuyo General Lease Co., Ltd.

     500         19,531   

IBJ Leasing Co., Ltd.

     800         18,626   

Japan Exchange Group, Inc.(a)

     5,500         130,512   

Japan Securities Finance Co., Ltd.

     2,100         12,271   

Mitsubishi UFJ Lease & Finance Co., Ltd.(a)

     12,000         62,683   

ORIX Corp.

     28,700         395,853   

Zenkoku Hosho Co., Ltd.

     1,000         27,896   
     

 

 

 
Total Diversified Financial Services         701,918   
Insurance – 19.0%      

Dai-ichi Life Insurance Co., Ltd. (The)

     23,000         341,346   

MS&AD Insurance Group Holdings, Inc.

     10,800         235,553   

Sompo Japan Nipponkoa Holdings, Inc.

     8,400         203,769   

Sony Financial Holdings, Inc.

     3,400         54,985   

T&D Holdings, Inc.

     13,400         172,058   

Tokio Marine Holdings, Inc.

     15,700         486,980   
     

 

 

 
Total Insurance         1,494,691   
TOTAL COMMON STOCKS
(Cost: $7,814,721)
         7,739,118   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      87   


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Japan Hedged Financials Fund (DXJF)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 18.6%      
United States – 18.6%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(b)

     
(Cost: $1,464,035)(c)      1,464,035       $ 1,464,035   
TOTAL INVESTMENTS IN SECURITIES – 117.2%
(Cost: $9,278,756)
         9,203,153   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (17.2)%

        (1,353,133
     

 

 

 
NET ASSETS – 100.0%       $ 7,850,020   
* 

Non-income producing security.

 

(a)

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(c)

At September 30, 2014, the total market value of the Fund’s securities on loan was $1,385,462 and the total market value of the collateral held by the Fund was $1,464,035.

 

See Notes to Financial Statements.

 

88   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Japan Hedged Health Care Fund (DXJH)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 98.5%      
Japan – 98.5%      
Biotechnology – 0.5%      

3-D Matrix Ltd.*(a)

     120       $ 3,396   

Takara Bio, Inc.(a)

     300         4,253   
     

 

 

 
Total Biotechnology               7,649   
Food & Staples Retailing – 4.9%      

Ain Pharmaciez, Inc.

     200         4,565   

Cocokara fine, Inc.

     200         5,233   

Cosmos Pharmaceutical Corp.

     70         8,877   

Matsumotokiyoshi Holdings Co., Ltd.

     300         8,847   

Sugi Holdings Co., Ltd.(a)

     250         10,495   

Sundrug Co., Ltd.(a)

     260         11,555   

Tsuruha Holdings, Inc.

     260         14,458   

Welcia Holdings Co., Ltd.

     200         5,962   
     

 

 

 
Total Food & Staples Retailing               69,992   
Health Care Equipment & Supplies – 16.8%      

Asahi Intecc Co., Ltd.

     200         9,153   

Hogy Medical Co., Ltd.

     100         5,296   

Nakanishi, Inc.

     150         5,524   

Nihon Kohden Corp.

     290         15,228   

Nikkiso Co., Ltd.

     550         6,062   

Nipro Corp.(a)

     750         6,229   

Olympus Corp.*

     2,140         76,766   

Paramount Bed Holdings Co., Ltd.

     150         4,300   

Sysmex Corp.(a)

     1,170         47,037   

Terumo Corp.(a)

     2,630         63,032   
     

 

 

 
Total Health Care Equipment & Supplies               238,627   
Health Care Providers & Services – 6.3%      

Alfresa Holdings Corp.

     1,460         21,042   

Medipal Holdings Corp.

     1,400         17,013   

Miraca Holdings, Inc.

     400         16,537   

Ship Healthcare Holdings, Inc.

     230         7,359   

Suzuken Co., Ltd.

     660         19,013   

Toho Holdings Co., Ltd.

     400         7,647   
     

 

 

 
Total Health Care Providers & Services               88,611   
Health Care Technology – 1.3%      

M3, Inc.

     1,100         17,649   
Pharmaceuticals – 68.7%      

Astellas Pharma, Inc.

     9,610         143,061   

Chugai Pharmaceutical Co., Ltd.

     1,550         44,863   

Daiichi Sankyo Co., Ltd.(a)

     4,720         74,052   

Eisai Co., Ltd.(a)

     1,940         78,435   

Hisamitsu Pharmaceutical Co., Inc.(a)

     600         21,551   

Kaken Pharmaceutical Co., Ltd.

     580         13,086   

Kissei Pharmaceutical Co., Ltd.

     250         6,267   

KYORIN Holdings, Inc.

     450         9,132   

Kyowa Hakko Kirin Co., Ltd.

     2,050         25,136   

Mitsubishi Tanabe Pharma Corp.

     1,725         25,302   

Mochida Pharmaceutical Co., Ltd.

     60         4,048   

Nichi-iko Pharmaceutical Co., Ltd.

     340         5,495   

Nippon Shinyaku Co., Ltd.

     478         14,467   
Investments    Shares      Value  
     

Ono Pharmaceutical Co., Ltd.(a)

     760       $ 67,482   

Otsuka Holdings Co., Ltd.(a)

     3,750         129,222   

Rohto Pharmaceutical Co., Ltd.

     800         10,728   

Santen Pharmaceutical Co., Ltd.

     620         34,703   

Sawai Pharmaceutical Co., Ltd.

     220         12,655   

Seikagaku Corp.(a)

     400         6,020   

Shionogi & Co., Ltd.

     2,400         55,047   

Sosei Group Corp.*(a)

     80         3,388   

Sumitomo Dainippon Pharma Co., Ltd.(a)

     1,300         16,556   

Taisho Pharmaceutical Holdings Co., Ltd.(a)

     280         19,170   

Takeda Pharmaceutical Co., Ltd.(a)

     3,157         137,222   

Tsumura & Co.(a)

     495         11,042   

ZERIA Pharmaceutical Co., Ltd.

     300         6,186   
     

 

 

 
Total Pharmaceuticals               974,316   
TOTAL COMMON STOCKS
(Cost: $1,327,422)
              1,396,844   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 31.3%      
United States – 31.3%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(b)

     
(Cost: $443,976)(c)      443,976         443,976   
TOTAL INVESTMENTS IN SECURITIES – 129.8%
(Cost: $1,771,398)
        1,840,820   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (29.8)%

        (422,280
     

 

 

 
NET ASSETS – 100.0%             $ 1,418,540   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(c) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $422,413 and the total market value of the collateral held by the Fund was $443,976.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      89   


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Japan Hedged Real Estate Fund (DXJR)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 98.7%      
Japan – 98.7%      
Building Products – 4.5%      

LIXIL Group Corp.(a)

     21,275       $ 454,417   

Nichias Corp.

     8,568         56,628   

Okabe Co., Ltd.

     3,525         38,754   

Sankyo Tateyama, Inc.

     2,118         41,107   

Takara Standard Co., Ltd.

     8,314         71,169   

TOTO Ltd.(a)

     23,042         253,327   
     

 

 

 
Total Building Products               915,402   
Construction & Engineering – 13.6%      

Hazama Ando Corp.

     13,207         84,519   

Kajima Corp.(a)

     74,870         358,328   

Kumagai Gumi Co., Ltd.*

     20,704         76,440   

Maeda Corp.

     13,092         104,908   

Maeda Road Construction Co., Ltd.

     4,762         74,060   

Nippo Corp.

     3,735         68,472   

Nishimatsu Construction Co., Ltd.

     22,483         101,660   

Obayashi Corp.(a)

     56,486         386,718   

Okumura Corp.

     15,332         89,452   

Penta-Ocean Construction Co., Ltd.(a)

     20,552         69,134   

Shimizu Corp.(a)

     56,129         442,605   

SHO-BOND Holdings Co., Ltd.

     1,855         72,208   

Sumitomo Mitsui Construction Co., Ltd.*

     55,093         66,295   

Taisei Corp.(a)

     89,255         503,659   

Tekken Corp.

     11,238         52,146   

Toda Corp.

     18,542         93,137   

Totetsu Kogyo Co., Ltd.(a)

     2,428         57,217   

Yokogawa Bridge Holdings Corp.

     3,007         42,078   
     

 

 

 
Total Construction & Engineering               2,743,036   
Construction Materials – 2.2%      

Sumitomo Osaka Cement Co., Ltd.

     31,480         103,312   

Taiheiyo Cement Corp.

     92,398         348,719   
     

 

 

 
Total Construction Materials               452,031   
Household Durables – 7.2%      

Haseko Corp.

     22,566         174,241   

Iida Group Holdings Co., Ltd.

     11,720         143,382   

PanaHome Corp.

     5,845         40,602   

Sekisui Chemical Co., Ltd.

     35,333         405,205   

Sekisui House Ltd.

     46,543         548,189   

Sumitomo Forestry Co., Ltd.

     12,468         134,119   
     

 

 

 
Total Household Durables               1,445,738   
Real Estate Investment Trusts (REITs) – 26.9%      

Activia Properties, Inc.

     17         136,533   

Advance Residence Investment Corp.

     99         230,138   

AEON REIT Investment Corp.

     70         87,424   

Comforia Residential REIT, Inc.

     24         44,611   

Daiwa House REIT Investment Corp.(a)

     21         93,040   

Daiwa House Residential Investment Corp.

     29         124,254   

Daiwa Office Investment Corp.(a)

     19         102,539   

Frontier Real Estate Investment Corp.

     36         172,624   

Fukuoka REIT Co.(a)

     43         79,379   
Investments    Shares      Value  
     

Global One Real Estate Investment Corp.

     13       $ 36,679   

GLP J-REIT(a)

     153         176,718   

Hankyu REIT, Inc.

     8         46,019   

Hulic Reit, Inc.

     46         73,847   

Industrial & Infrastructure Fund Investment Corp.

     12         99,439   

Japan Excellent, Inc.

     91         116,887   

Japan Hotel REIT Investment Corp.(a)

     193         117,530   

Japan Logistics Fund, Inc.(a)

     61         134,796   

Japan Prime Realty Investment Corp.

     56         201,650   

Japan Real Estate Investment Corp.

     97         498,728   

Japan Rental Housing Investments, Inc.

     59         40,985   

Japan Retail Fund Investment Corp.

     170         342,495   

Kenedix Office Investment Corp.

     24         128,866   

Kenedix Residential Investment Corp.

     20         51,124   

Mori Hills REIT Investment Corp.

     105         145,877   

Mori Trust Sogo REIT, Inc.(a)

     71         131,327   

Nippon Accommodations Fund, Inc.

     30         108,300   

Nippon Building Fund, Inc.(a)

     108         568,084   

Nippon Prologis REIT, Inc.(a)

     121         281,390   

Nomura Real Estate Master Fund, Inc.

     117         146,870   

Nomura Real Estate Office Fund, Inc.

     27         123,561   

Nomura Real Estate Residential Fund, Inc.

     11         57,359   

Orix JREIT, Inc.

     148         186,054   

Premier Investment Corp.

     14         62,537   

Sekisui House SI Residential Investment Corp.

     56         54,573   

Tokyu REIT, Inc.

     66         87,001   

Top REIT, Inc.

     12         52,564   

United Urban Investment Corp.

     187         286,905   
     

 

 

 
Total Real Estate Investment Trusts (REITs)               5,428,707   
Real Estate Management & Development – 41.4%      

Aeon Mall Co., Ltd.

     8,648         165,005   

Daibiru Corp.

     3,810         43,728   

Daikyo, Inc.

     21,377         39,950   

Daito Trust Construction Co., Ltd.

     6,031         712,262   

Daiwa House Industry Co., Ltd.(a)

     51,045         915,548   

Heiwa Real Estate Co., Ltd.

     2,361         37,192   

Hulic Co., Ltd.

     28,520         301,593   

Kenedix, Inc.*

     17,988         77,564   

Leopalace21 Corp.*

     17,774         97,543   

Mitsubishi Estate Co., Ltd.

     89,570         2,015,621   

Mitsui Fudosan Co., Ltd.

     63,201         1,935,583   

Nomura Real Estate Holdings, Inc.

     9,379         161,083   

NTT Urban Development Corp.(a)

     7,712         81,131   

Sumitomo Realty & Development Co., Ltd.

     35,053         1,247,043   

Tokyo Tatemono Co., Ltd.

     31,089         251,387   

Tokyu Fudosan Holdings Corp.

     39,029         267,558   
     

 

 

 
Total Real Estate Management & Development               8,349,791   
Transportation Infrastructure – 2.9%      

Japan Airport Terminal Co., Ltd.(a)

     4,743         190,248   

Kamigumi Co., Ltd.

     17,930         169,664   

Mitsubishi Logistics Corp.(a)

     11,776         168,972   

Sumitomo Warehouse Co., Ltd. (The)

     10,983         57,971   
     

 

 

 
Total Transportation Infrastructure               586,855   
TOTAL COMMON STOCKS
(Cost: $20,592,034)
              19,921,560   

 

See Notes to Financial Statements.

 

90   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Japan Hedged Real Estate Fund (DXJR)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 25.3%      
United States – 25.3%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(b)

     
(Cost: $5,109,186)(c)      5,109,186       $ 5,109,186   
TOTAL INVESTMENTS IN SECURITIES – 124.0%
(Cost: $25,701,220)
        25,030,746   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (24.0)%

        (4,841,483
     

 

 

 
NET ASSETS – 100.0%             $ 20,189,263   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b)

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(c) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $4,858,710 and the total market value of the collateral held by the Fund was $5,109,186.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      91   


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 98.5%      
Japan – 98.5%      
Air Freight & Logistics – 0.3%      

Kintetsu World Express, Inc.

     2,600       $ 99,075   

Mitsui-Soko Co., Ltd.

     24,000         88,828   

Shibusawa Warehouse Co., Ltd. (The)

     16,000         49,446   
     

 

 

 
Total Air Freight & Logistics               237,349   
Auto Components – 5.7%      

Aisan Industry Co., Ltd.

     12,000         94,407   

Akebono Brake Industry Co., Ltd.(a)

     25,200         106,364   

Calsonic Kansei Corp.

     43,000         234,022   

Daido Metal Co., Ltd.

     5,000         64,998   

Eagle Industry Co., Ltd.(a)

     3,800         77,181   

Exedy Corp.

     8,700         220,246   

FCC Co., Ltd.(a)

     12,100         196,675   

G-Tekt Corp.

     5,898         56,294   

H-One Co., Ltd.

     4,452         30,642   

Keihin Corp.(a)

     14,000         184,931   

Kinugawa Rubber Industrial Co., Ltd.

     12,000         50,978   

KYB Co., Ltd.

     39,000         175,632   

Musashi Seimitsu Industry Co., Ltd.

     5,200         103,057   

NHK Spring Co., Ltd.

     43,400         425,316   

Nifco, Inc.

     11,200         345,102   

Nissin Kogyo Co., Ltd.(a)

     11,700         192,307   

Pacific Industrial Co., Ltd.(a)

     11,100         84,089   

Press Kogyo Co., Ltd.(a)

     27,000         111,254   

Riken Corp.

     22,000         93,058   

Sanden Corp.

     19,000         112,585   

Sanoh Industrial Co., Ltd.

     10,700         73,157   

Showa Corp.

     14,800         162,038   

T. RAD Co., Ltd.

     24,000         60,167   

Tachi-S Co., Ltd.(a)

     2,500         36,146   

Taiho Kogyo Co., Ltd.

     7,400         84,595   

Tokai Rika Co., Ltd.

     19,025         402,023   

Tokai Rubber Industries Ltd.(a)

     16,000         141,192   

Topre Corp.

     2,400         34,109   

Toyo Tire & Rubber Co., Ltd.

     16,000         273,486   

Toyota Boshoku Corp.(a)

     26,600         278,864   

TPR Co., Ltd.

     5,600         135,029   

TS Tech Co., Ltd.

     11,500         279,493   

Unipres Corp.(a)

     5,600         109,708   
     

 

 

 
Total Auto Components               5,029,145   
Banks – 8.2%      

77 Bank Ltd. (The)

     54,000         284,534   

Aomori Bank Ltd. (The)

     56,000         169,999   

Ashikaga Holdings Co., Ltd.

     32,200         119,471   

Awa Bank Ltd. (The)(a)

     34,000         195,889   

Bank of Iwate Ltd. (The)

     2,900         127,955   

Bank of Nagoya Ltd. (The)

     28,000         106,951   

Bank of Saga Ltd. (The)

     36,000         82,702   

Bank of the Ryukyus Ltd.

     8,400         132,706   

Daisan Bank Ltd. (The)

     58,000         96,759   

Daishi Bank Ltd. (The)

     69,000         240,913   
Investments    Shares      Value  
     

Ehime Bank Ltd. (The)(a)

     42,000       $ 93,806   

Eighteenth Bank Ltd. (The)

     47,000         130,252   

FIDEA Holdings Co., Ltd.(a)

     35,900         78,545   

Fukui Bank Ltd. (The)

     36,000         86,312   

Higashi-Nippon Bank Ltd. (The)

     53,000         134,318   

Higo Bank Ltd. (The)(a)

     42,000         230,877   

Hokuetsu Bank Ltd. (The)(a)

     40,000         76,576   

Hyakugo Bank Ltd. (The)

     51,000         204,567   

Hyakujushi Bank Ltd. (The)

     59,000         188,787   

Jimoto Holdings, Inc.

     42,800         87,789   

Kagoshima Bank Ltd. (The)

     23,000         146,142   

Kansai Urban Banking Corp.

     21,000         240,257   

Keiyo Bank Ltd. (The)

     60,000         305,757   

Kiyo Bank Ltd. (The)

     14,998         213,837   

Michinoku Bank Ltd. (The)

     24,000         46,602   

Mie Bank Ltd. (The)

     43,000         99,959   

Minato Bank Ltd. (The)

     75,587         148,838   

Miyazaki Bank Ltd. (The)

     45,000         138,247   

Musashino Bank Ltd. (The)

     5,700         189,143   

Nanto Bank Ltd. (The)

     41,000         165,577   

Nishi-Nippon City Bank Ltd. (The)

     165,000         440,722   

North Pacific Bank Ltd.

     41,900         165,010   

Ogaki Kyoritsu Bank Ltd. (The)

     99,000         268,043   

Oita Bank Ltd. (The)

     19,000         71,535   

San-In Godo Bank Ltd. (The)

     26,000         183,454   

Senshu Ikeda Holdings, Inc.

     67,100         344,997   

Shiga Bank Ltd. (The)

     28,000         154,173   

Shikoku Bank Ltd. (The)

     54,000         116,177   

Tochigi Bank Ltd. (The)

     26,000         101,919   

Toho Bank Ltd. (The)

     56,000         208,797   

Tokyo Tomin Bank Ltd. (The)(a)

     5,600         67,336   

TOMONY Holdings, Inc.

     30,800         129,439   

Tottori Bank Ltd. (The)

     17,000         35,489   

Towa Bank Ltd. (The)

     94,000         84,835   

Yachiyo Bank Ltd. (The)

     2,800         88,700   

Yamagata Bank Ltd. (The)(a)

     28,000         131,200   

Yamanashi Chuo Bank Ltd. (The)

     22,000         96,467   
     

 

 

 
Total Banks               7,252,360   
Beverages – 1.2%      

Coca-Cola West Co., Ltd.

     21,717         315,970   

Ito En Ltd.(a)

     14,900         314,449   

Sapporo Holdings Ltd.

     50,000         192,352   

Takara Holdings, Inc.

     25,000         190,300   
     

 

 

 
Total Beverages               1,013,071   
Building Products – 1.9%      

Aica Kogyo Co., Ltd.

     10,400         221,093   

Bunka Shutter Co., Ltd.

     8,000         71,252   

Central Glass Co., Ltd.

     54,000         191,002   

Eidai Co., Ltd.

     8,000         35,152   

Nichiha Corp.

     9,200         91,669   

Okabe Co., Ltd.

     6,500         71,462   

Sanwa Holdings Corp.

     40,000         284,425   

Sekisui Jushi Corp.

     5,900         79,549   

 

See Notes to Financial Statements.

 

92   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Takara Standard Co., Ltd.

     28,000       $ 239,683   

Takasago Thermal Engineering Co., Ltd.

     27,200         351,855   
     

 

 

 
Total Building Products               1,637,142   
Capital Markets – 1.6%      

Ichigo Group Holdings Co., Ltd.(a)

     15,100         39,094   

Ichiyoshi Securities Co., Ltd.(a)

     16,900         202,439   

IwaiCosmo Holdings, Inc.

     10,200         101,633   

kabu.com Securities Co., Ltd.

     50,600         247,246   

Kyokuto Securities Co., Ltd.

     18,200         297,817   

Monex Group, Inc.(a)

     103,965         271,061   

Sparx Group Co., Ltd.

     20,400         40,355   

Takagi Securities Co., Ltd.(a)

     36,281         84,340   

Toyo Securities Co., Ltd.

     31,000         85,628   
     

 

 

 
Total Capital Markets               1,369,613   
Chemicals – 8.4%      

Achilles Corp.

     45,000         63,175   

ADEKA Corp.(a)

     22,400         295,073   

Asahi Organic Chemicals Industry Co., Ltd.(a)

     51,000         124,135   

Dainichiseika Color & Chemicals Manufacturing Co., Ltd.

     21,000         112,375   

Daiso Co., Ltd.(a)

     25,885         84,714   

Denki Kagaku Kogyo K.K.

     109,000         356,725   

Earth Chemical Co., Ltd.

     5,400         196,417   

Fujimori Kogyo Co., Ltd.

     2,800         83,978   

Gun-Ei Chemical Industry Co., Ltd.

     15,000         50,321   

JSP Corp.

     6,417         111,440   

Kaneka Corp.

     86,240         481,928   

Koatsu Gas Kogyo Co., Ltd.

     10,000         53,968   

Konishi Co., Ltd.

     3,200         57,264   

Kumiai Chemical Industry Co., Ltd.

     6,000         36,756   

Kureha Corp.

     34,000         167,373   

Lintec Corp.

     14,000         295,966   

Nihon Nohyaku Co., Ltd.

     5,300         51,939   

Nihon Parkerizing Co., Ltd.(a)

     5,400         123,216   

Nippon Kayaku Co., Ltd.

     31,000         377,839   

Nippon Synthetic Chemical Industry Co., Ltd. (The)

     22,000         158,640   

Nippon Valqua Industries Ltd.

     53,000         152,678   

NOF Corp.(a)

     32,000         199,535   

Okamoto Industries, Inc.

     18,000         68,262   

Riken Technos Corp.

     7,000         32,353   

Sakai Chemical Industry Co., Ltd.

     37,000         119,404   

Sakata INX Corp.(a)

     8,600         85,769   

Sanyo Chemical Industries Ltd.

     22,000         135,375   

Sekisui Plastics Co., Ltd.

     24,000         66,731   

Showa Denko K.K.(a)

     271,000         355,750   

Sumitomo Bakelite Co., Ltd.

     58,000         227,358   

Taiyo Holdings Co., Ltd.

     8,400         267,633   

Takasago International Corp.

     17,000         80,587   

Takiron Co., Ltd.

     28,000         140,900   

Teijin Ltd.(a)

     133,000         321,300   

Toagosei Co., Ltd.

     63,000         259,593   

Tokai Carbon Co., Ltd.

     55,000         152,423   

Tokuyama Corp.(a)

     60,000         197,457   
Investments    Shares      Value  
     

Toyo Ink SC Holdings Co., Ltd.

     69,000       $ 322,057   

Toyobo Co., Ltd.

     151,000         218,871   

Ube Industries Ltd.(a)

     255,800         408,086   

Zeon Corp.(a)

     27,000         275,181   
     

 

 

 
Total Chemicals               7,370,545   
Commercial Services & Supplies – 2.2%      

Aeon Delight Co., Ltd.

     11,900         289,540   

Daiseki Co., Ltd.(a)

     5,100         94,938   

Duskin Co., Ltd.(a)

     16,300         266,429   

Itoki Corp.

     7,300         44,654   

Kokuyo Co., Ltd.

     29,500         237,732   

Kyodo Printing Co., Ltd.

     25,000         89,338   

Kyoritsu Printing Co., Ltd.

     17,000         46,027   

Matsuda Sangyo Co., Ltd.

     6,700         78,425   

Mitsubishi Pencil Co., Ltd.

     1,300         41,834   

NAC Co., Ltd.

     3,800         44,653   

Nippon Parking Development Co., Ltd.

     46,000         51,999   

Okamura Corp.(a)

     17,000         128,784   

Pilot Corp.

     800         45,581   

Sato Holdings Corp.(a)

     5,200         146,242   

Space Co., Ltd.

     3,000         35,170   

Toppan Forms Co., Ltd.

     27,000         278,627   

Uchida Yoko Co., Ltd.

     13,000         44,797   
     

 

 

 
Total Commercial Services & Supplies               1,964,770   
Communications Equipment – 0.3%      

Hitachi Kokusai Electric, Inc.

     17,000         239,592   
Construction & Engineering – 3.5%      

Dai-Dan Co., Ltd.

     5,000         28,442   

Fudo Tetra Corp.

     20,600         52,207   

Hazama Ando Corp.

     9,900         63,356   

Kitano Construction Corp.

     18,000         61,534   

Kyowa Exeo Corp.

     19,600         254,615   

Kyudenko Corp.

     11,000         129,960   

Maeda Corp.

     23,000         184,302   

Maeda Road Construction Co., Ltd.

     15,000         233,283   

Mirait Holdings Corp.

     13,344         154,613   

Nichireki Co., Ltd.

     4,000         33,620   

Nippo Corp.

     8,000         146,661   

Nippon Densetsu Kogyo Co., Ltd.

     5,400         86,493   

Nippon Road Co., Ltd. (The)

     22,000         123,342   

Nippon Steel & Sumikin Texeng Co., Ltd.

     11,000         58,963   

Nishimatsu Construction Co., Ltd.(a)

     50,000         226,081   

Obayashi Road Corp.

     7,000         43,329   

Okumura Corp.

     32,000         186,699   

Raito Kogyo Co., Ltd.

     3,800         35,334   

SHO-BOND Holdings Co., Ltd.

     2,400         93,423   

Sumitomo Densetsu Co., Ltd.

     5,400         71,675   

Taikisha Ltd.

     6,500         145,353   

Toda Corp.

     33,000         165,760   

Toenec Corp.

     10,000         54,515   

Tokyu Construction Co., Ltd.

     12,600         62,486   

Toshiba Plant Systems & Services Corp.

     7,400         124,531   

Totetsu Kogyo Co., Ltd.

     4,800         113,114   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      93   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Toyo Construction Co., Ltd.(a)

     11,800       $ 53,893   

Toyo Engineering Corp.

     21,000         89,977   

Yahagi Construction Co., Ltd.(a)

     2,000         14,805   

Yurtec Corp.

     3,000         14,659   
     

 

 

 
Total Construction & Engineering               3,107,025   
Construction Materials – 0.2%      

Sumitomo Osaka Cement Co., Ltd.

     64,000         210,037   
Containers & Packaging – 0.5%      

Nihon Yamamura Glass Co., Ltd.

     58,000         92,530   

Rengo Co., Ltd.(a)

     53,381         239,909   

Tomoku Co., Ltd.

     32,000         88,682   
     

 

 

 
Total Containers & Packaging               421,121   
Distributors – 0.5%      

Doshisha Co., Ltd.

     5,900         101,278   

Happinet Corp.(a)

     5,600         89,338   

Paltac Corp.

     16,603         203,120   

Sankyo Seiko Co., Ltd.

     19,600         72,543   
     

 

 

 
Total Distributors               466,279   
Diversified Consumer Services – 0.1%      

Meiko Network Japan Co., Ltd.(a)

     5,600         61,465   

Studio Alice Co., Ltd.

     3,900         50,094   
     

 

 

 
Total Diversified Consumer Services               111,559   
Diversified Financial Services – 0.1%      

Ricoh Leasing Co., Ltd.

     4,400         122,540   
Electric Utilities – 0.1%      

Okinawa Electric Power Co., Inc. (The)(a)

     2,800         86,658   
Electrical Equipment – 2.0%      

Daihen Corp.

     18,000         69,903   

Denyo Co., Ltd.

     3,200         43,670   

Endo Lighting Corp.(a)

     6,809         79,390   

Fujikura Ltd.

     34,000         163,654   

Furukawa Electric Co., Ltd.(a)

     85,000         170,473   

GS Yuasa Corp.(a)

     53,000         308,738   

Idec Corp.

     6,800         56,783   

Kyosan Electric Manufacturing Co., Ltd.

     14,000         44,797   

Nippon Carbon Co., Ltd.

     55,000         95,264   

Nissin Electric Co., Ltd.

     22,000         130,762   

Nitto Kogyo Corp.

     8,400         168,467   

Odelic Co., Ltd.

     2,200         57,419   

Sanyo Denki Co., Ltd.

     14,000         117,289   

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

     10,900         58,030   

Ushio, Inc.

     20,800         219,576   
     

 

 

 
Total Electrical Equipment               1,784,215   
Electronic Equipment, Instruments & Components – 4.2%      

Ai Holdings Corp.

     9,600         194,197   

Amano Corp.

     18,800         200,862   

Anritsu Corp.(a)

     24,600         187,704   

Azbil Corp.(a)

     20,700         507,428   

Canon Electronics, Inc.

     11,400         210,343   

CONEXIO Corp.

     9,200         91,249   
Investments    Shares      Value  
     

Daiwabo Holdings Co., Ltd.

     50,000       $ 96,631   

Enplas Corp.(a)

     1,329         67,846   

Hakuto Co., Ltd.

     8,900         89,815   

Horiba Ltd.(a)

     6,200         225,516   

Japan Aviation Electronics Industry Ltd.

     7,000         159,533   

Kaga Electronics Co., Ltd.

     5,400         62,371   

Koa Corp.

     6,700         70,668   

Macnica, Inc.

     3,200         102,101   

Nichicon Corp.

     15,100         108,472   

Nippon Signal Co., Ltd. (The)

     8,900         91,357   

Nohmi Bosai Ltd.

     8,666         135,723   

Oki Electric Industry Co., Ltd.

     79,000         184,366   

Optex Co., Ltd.

     5,100         92,102   

Ryoden Trading Co., Ltd.

     15,000         112,266   

Ryosan Co., Ltd.

     6,600         141,994   

Sanshin Electronics Co., Ltd.

     6,800         50,646   

Siix Corp.(a)

     5,400         93,877   

SMK Corp.(a)

     15,000         72,884   

Taiyo Yuden Co., Ltd.(a)

     8,700         97,394   

Tomen Electronics Corp.

     5,100         76,341   

Topcon Corp.

     4,200         95,567   

UKC Holdings Corp.

     3,700         60,410   
     

 

 

 
Total Electronic Equipment, Instruments & Components               3,679,663   
Energy Equipment & Services – 0.1%      

Shinko Plantech Co., Ltd.(a)

     14,200         108,867   
Food & Staples Retailing – 3.1%      

Ain Pharmaciez, Inc.(a)

     3,262         74,461   

Arcs Co., Ltd.

     11,200         234,220   

Belc Co., Ltd.

     5,600         153,918   

Cawachi Ltd.

     5,100         87,313   

Cocokara fine, Inc.(a)

     4,300         112,503   

Heiwado Co., Ltd.

     9,300         156,250   

Kasumi Co., Ltd.

     12,800         116,570   

Kato Sangyo Co., Ltd.

     8,000         167,811   

Maruetsu, Inc. (The)

     16,000         76,284   

Matsumotokiyoshi Holdings Co., Ltd.

     7,600         224,131   

Ministop Co., Ltd.(a)

     6,900         96,177   

Mitsubishi Shokuhin Co., Ltd.

     8,300         188,782   

Okuwa Co., Ltd.

     6,000         54,041   

Qol Co., Ltd.

     7,200         42,861   

S Foods, Inc.

     1,400         23,636   

San-A Co., Ltd.

     3,800         126,615   

UNY Group Holdings Co., Ltd.(a)

     79,736         423,776   

Valor Co., Ltd.

     8,900         143,932   

Welcia Holdings Co., Ltd.(a)

     4,200         125,202   

Yokohama Reito Co., Ltd.

     9,900         73,464   
     

 

 

 
Total Food & Staples Retailing               2,701,947   
Food Products – 3.7%      

Ariake Japan Co., Ltd.

     5,600         125,482   

Ezaki Glico Co., Ltd.

     6,500         224,577   

Fuji Oil Co., Ltd.

     16,751         247,230   

Fujicco Co., Ltd.

     4,000         51,780   

 

See Notes to Financial Statements.

 

94   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Hokuto Corp.

     7,700       $ 138,985   

J-Oil Mills, Inc.

     43,000         141,903   

Kagome Co., Ltd.(a)

     11,800         186,636   

Kameda Seika Co., Ltd.

     1,400         41,989   

Kewpie Corp.(a)

     19,500         329,222   

Marudai Food Co., Ltd.

     41,000         153,243   

Maruha Nichiro Corp.(a)

     8,800         131,083   

Megmilk Snow Brand Co., Ltd.

     14,400         188,377   

Mitsui Sugar Co., Ltd.

     28,000         93,678   

Morinaga Milk Industry Co., Ltd.

     52,000         167,337   

Nagatanien Co., Ltd.

     3,000         29,427   

Nakamuraya Co., Ltd.

     12,000         47,149   

Nichirei Corp.

     56,000         235,343   

Nippon Beet Sugar Manufacturing Co., Ltd.

     34,000         59,820   

Nippon Flour Mills Co., Ltd.

     29,000         140,380   

Nisshin Oillio Group Ltd. (The)(a)

     63,000         211,924   

Rock Field Co., Ltd.(a)

     2,800         49,545   

Sakata Seed Corp.

     5,400         68,771   

Showa Sangyo Co., Ltd.

     28,000         102,357   

Starzen Co., Ltd.

     28,000         87,297   

Warabeya Nichiyo Co., Ltd.

     2,100         37,694   
     

 

 

 
Total Food Products               3,291,229   
Gas Utilities – 0.2%      

Saibu Gas Co., Ltd.(a)

     52,000         123,725   

Shizuoka Gas Co., Ltd.

     10,200         67,879   
     

 

 

 
Total Gas Utilities               191,604   
Health Care Equipment & Supplies – 1.7%      

Asahi Intecc Co., Ltd.(a)

     1,300         59,492   

Hogy Medical Co., Ltd.

     2,800         148,302   

Nagaileben Co., Ltd.

     7,700         149,234   

Nakanishi, Inc.

     2,000         73,659   

Nihon Kohden Corp.

     6,400         336,059   

Nikkiso Co., Ltd.

     12,400         136,666   

Nipro Corp.(a)

     48,323         401,315   

Nissui Pharmaceutical Co., Ltd.

     6,000         69,958   

Paramount Bed Holdings Co., Ltd.

     3,903         111,900   
     

 

 

 
Total Health Care Equipment & Supplies               1,486,585   
Health Care Providers & Services – 0.9%      

As One Corp.

     3,000         94,216   

BML, Inc.

     3,000         94,626   

Message Co., Ltd.

     1,900         65,213   

Nichii Gakkan Co.

     18,200         144,180   

Ship Healthcare Holdings, Inc.(a)

     4,359         139,478   

Toho Holdings Co., Ltd.

     8,300         158,668   

Vital KSK Holdings, Inc.(a)

     9,900         86,821   
     

 

 

 
Total Health Care Providers & Services               783,202   
Hotels, Restaurants & Leisure – 3.3%      

Accordia Golf Co., Ltd.(a)

     36,500         383,317   

Aeon Fantasy Co., Ltd.(a)

     4,800         63,405   

Doutor Nichires Holdings Co., Ltd.

     7,100         112,492   

Fuji Kyuko Co., Ltd.

     3,000         34,076   

Hiramatsu, Inc.

     7,900         45,875   
Investments    Shares      Value  
     

Ichibanya Co., Ltd.

     2,248       $ 109,024   

Kyoritsu Maintenance Co., Ltd.(a)

     2,200         89,448   

MOS Food Services, Inc.(a)

     2,800         55,875   

Ohsho Food Service Corp.(a)

     5,800         224,185   

PGM Holdings K.K.

     8,100         77,533   

Plenus Co., Ltd.

     5,300         121,804   

Resorttrust, Inc.

     17,600         392,930   

Round One Corp.

     28,000         168,467   

Royal Holdings Co., Ltd.

     3,200         51,663   

Saizeriya Co., Ltd.(a)

     7,700         103,116   

St. Marc Holdings Co., Ltd.(a)

     2,500         126,259   

Starbucks Coffee Japan Ltd.(a)

     8,200         109,289   

Tokyo Dome Corp.

     21,000         88,445   

Tokyotokeiba Co., Ltd.(a)

     26,000         74,425   

WATAMI Co., Ltd.(a)

     6,900         82,150   

Yoshinoya Holdings Co., Ltd.

     11,400         136,557   

Zensho Holdings Co., Ltd.(a)

     25,305         224,226   
     

 

 

 
Total Hotels, Restaurants & Leisure               2,874,561   
Household Durables – 2.4%      

Cleanup Corp.

     9,200         79,592   

Foster Electric Co., Ltd.(a)

     10,802         155,390   

France Bed Holdings Co., Ltd.

     14,000         24,121   

Fuji Corp., Ltd.

     15,800         88,150   

Fujitsu General Ltd.

     10,000         122,704   

Haseko Corp.

     9,400         72,581   

Higashi Nihon House Co., Ltd.(a)

     14,000         67,770   

Misawa Homes Co., Ltd.

     10,341         104,923   

PanaHome Corp.

     40,000         277,861   

Pressance Corp.

     2,500         69,739   

Sangetsu Co., Ltd.

     9,100         229,211   

Starts Corp., Inc.(a)

     7,000         103,569   

Sumitomo Forestry Co., Ltd.

     23,700         254,943   

Tama Home Co., Ltd.(a)

     25,946         163,678   

Tamron Co., Ltd.

     5,700         109,484   

TOA Corp.

     5,700         59,757   

Token Corp.

     2,480         113,493   

West Holdings Corp.(a)

     4,000         43,393   
     

 

 

 
Total Household Durables               2,140,359   
Household Products – 0.7%      

Lion Corp.

     54,000         290,442   

Pigeon Corp.

     6,000         339,669   
     

 

 

 
Total Household Products               630,111   
Industrial Conglomerates – 0.7%      

Keihan Electric Railway Co., Ltd.(a)

     89,110         383,426   

Nisshinbo Holdings, Inc.

     32,000         268,672   
     

 

 

 
Total Industrial Conglomerates               652,098   
Internet & Catalog Retail – 0.3%      

Belluna Co., Ltd.

     15,800         69,425   

Ikyu Corp.

     6,100         83,635   

Senshukai Co., Ltd.(a)

     13,000         104,171   
     

 

 

 
Total Internet & Catalog Retail               257,231   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      95   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Internet Software & Services – 1.1%      

Dena Co., Ltd.(a)

     37,683       $ 479,218   

F@N Communications, Inc.

     1,800         20,659   

GMO Internet, Inc.

     12,800         111,320   

Gree, Inc.(a)

     31,100         212,068   

Gurunavi, Inc.(a)

     4,100         56,588   

Internet Initiative Japan, Inc.(a)

     3,500         70,258   
     

 

 

 
Total Internet Software & Services               950,111   
IT Services – 1.6%      

Bit-isle, Inc.

     12,400         67,937   

Future Architect, Inc.

     5,200         30,671   

Ines Corp.

     16,200         136,901   

Information Services International-Dentsu Ltd.

     4,900         53,067   

IT Holdings Corp.

     13,300         232,670   

NEC Networks & System Integration Corp.

     10,100         228,158   

NET One Systems Co., Ltd.(a)

     39,600         228,514   

Nihon Unisys Ltd.

     14,000         126,478   

NS Solutions Corp.

     10,600         315,019   
     

 

 

 
Total IT Services               1,419,415   
Leisure Products – 1.2%      

Daikoku Denki Co., Ltd.(a)

     5,900         103,860   

Fields Corp.

     10,600         154,997   

Heiwa Corp.

     24,300         480,484   

Mars Engineering Corp.

     6,600         116,664   

Mizuno Corp.(a)

     22,000         116,523   

Tomy Co., Ltd.(a)

     19,600         108,993   
     

 

 

 
Total Leisure Products               1,081,521   
Life Sciences Tools & Services – 0.1%      

CMIC Holdings Co., Ltd.(a)

     3,300         59,294   

EPS Corp.

     5,100         65,880   
     

 

 

 
Total Life Sciences Tools & Services               125,174   
Machinery – 6.4%      

Anest Iwata Corp.

     3,900         28,478   

Asahi Diamond Industrial Co., Ltd.

     14,000         202,671   

Bando Chemical Industries Ltd.

     18,000         70,723   

CKD Corp.(a)

     9,500         86,257   

Daifuku Co., Ltd.

     16,700         196,238   

DMG Mori Seiki Co., Ltd.

     14,700         188,415   

Fujitec Co., Ltd.(a)

     10,200         111,117   

Glory Ltd.

     11,200         316,003   

Harmonic Drive Systems, Inc.(a)

     3,000         44,359   

Hitachi Koki Co., Ltd.

     33,600         292,214   

Hitachi Zosen Corp.(a)

     35,335         208,412   

Hosokawa Micron Corp.

     9,000         53,412   

Iseki & Co., Ltd.(a)

     35,000         85,829   

Japan Steel Works Ltd. (The)(a)

     62,018         248,762   

Kato Works Co., Ltd.

     6,000         45,781   

Kito Corp.(a)

     2,000         25,088   

Kitz Corp.

     19,600         97,736   

Kobelco Eco-Solutions Co., Ltd.(a)

     20,433         135,978   

Kyokuto Kaihatsu Kogyo Co., Ltd.

     6,671         96,573   

Makino Milling Machine Co., Ltd.(a)

     10,000         73,932   
Investments    Shares      Value  
     

Meidensha Corp.

     28,000       $ 110,269   

Mitsubishi Nichiyu Forklift Co., Ltd.

     3,000         23,027   

Mitsui Engineering & Shipbuilding Co., Ltd.

     45,000         101,326   

Miura Co., Ltd.(a)

     23,400         275,181   

Morita Holdings Corp.

     6,800         70,917   

Nachi-Fujikoshi Corp.

     27,000         197,402   

Nippon Sharyo Ltd.(a)

     31,000         111,345   

Nippon Thompson Co., Ltd.

     12,000         62,027   

Nitta Corp.

     5,200         126,237   

Obara Group, Inc.(a)

     2,800         102,612   

Oiles Corp.

     7,200         138,493   

OKUMA Corp.(a)

     12,000         95,939   

OSG Corp.

     14,100         244,223   

Shima Seiki Manufacturing Ltd.(a)

     6,000         98,783   

Sintokogio Ltd.

     10,600         74,116   

Sodick Co., Ltd.(a)

     19,700         216,764   

Star Micronics Co., Ltd.

     13,400         197,039   

Tadano Ltd.

     10,000         184,056   

Takuma Co., Ltd.

     10,000         63,449   

Tocalo Co., Ltd.

     5,300         110,257   

Tsubakimoto Chain Co.

     21,000         173,445   

Tsugami Corp.(a)

     18,000         100,260   

Tsukishima Kikai Co., Ltd.

     4,000         44,633   

Union Tool Co.

     2,400         65,965   

YAMABIKO Corp.

     1,400         56,730   
     

 

 

 
Total Machinery               5,652,473   
Marine – 0.6%      

Iino Kaiun Kaisha Ltd.

     16,100         91,878   

Kawasaki Kisen Kaisha Ltd.(a)

     149,000         316,487   

NS United Kaiun Kaisha Ltd.

     49,740         122,882   
     

 

 

 
Total Marine               531,247   
Media – 1.5%      

Asatsu-DK, Inc.

     18,400         461,447   

Avex Group Holdings, Inc.(a)

     15,000         227,403   

Daiichikosho Co., Ltd.(a)

     2,500         67,209   

OPT, Inc.(a)

     7,832         54,762   

SKY Perfect JSAT Holdings, Inc.

     65,900         387,488   

Zenrin Co., Ltd.(a)

     10,500         124,436   
     

 

 

 
Total Media               1,322,745   
Metals & Mining – 2.2%      

Aichi Steel Corp.

     46,000         168,996   

Asahi Holdings, Inc.

     10,900         194,957   

Daido Steel Co., Ltd.(a)

     36,000         143,416   

Kurimoto Ltd.

     28,000         61,006   

Mitsubishi Steel Manufacturing Co., Ltd.

     40,987         91,169   

Mitsui Mining & Smelting Co., Ltd.

     70,000         186,335   

Neturen Co., Ltd.

     10,800         80,044   

Nippon Denko Co., Ltd.

     21,000         52,072   

Nisshin Steel Co., Ltd.(a)

     10,932         99,259   

Nittetsu Mining Co., Ltd.

     19,000         77,597   

Sanyo Special Steel Co., Ltd.

     19,000         70,149   

Toho Zinc Co., Ltd.

     23,000         87,433   

 

See Notes to Financial Statements.

 

96   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Toyo Kohan Co., Ltd.

     28,000       $ 151,620   

UACJ Corp.

     68,532         260,521   

Yamato Kogyo Co., Ltd.

     6,700         223,547   
     

 

 

 
Total Metals & Mining               1,948,121   
Multiline Retail – 0.5%      

Fuji Co., Ltd.(a)

     2,800         55,492   

H2O Retailing Corp.(a)

     17,400         291,230   

Seria Co., Ltd.

     2,246         85,585   
     

 

 

 
Total Multiline Retail               432,307   
Oil, Gas & Consumable Fuels – 0.9%      

Cosmo Oil Co., Ltd.

     65,000         109,622   

Itochu Enex Co., Ltd.

     33,700         217,201   

Mitsuuroko Group Holdings Co., Ltd.

     4,500         22,399   

Nippon Gas Co., Ltd.

     5,600         132,885   

San-Ai Oil Co., Ltd.

     28,000         194,758   

Sinanen Co., Ltd.

     20,000         80,952   
     

 

 

 
Total Oil, Gas & Consumable Fuels               757,817   
Paper & Forest Products – 0.8%      

Daiken Corp.

     31,000         81,106   

Daio Paper Corp.(a)

     14,000         118,693   

Hokuetsu Kishu Paper Co., Ltd.(a)

     44,300         181,731   

Nippon Paper Industries Co., Ltd.(a)

     17,400         260,298   

Tokushu Tokai Paper Co., Ltd.

     41,000         96,805   
     

 

 

 
Total Paper & Forest Products               738,633   
Personal Products – 1.1%      

Artnature, Inc.

     1,000         27,112   

Dr. Ci:Labo Co., Ltd.

     4,200         137,454   

Kose Corp.

     9,000         382,333   

Mandom Corp.

     4,500         155,271   

Pola Orbis Holdings, Inc.

     7,866         307,985   
     

 

 

 
Total Personal Products               1,010,155   
Pharmaceuticals – 2.7%      

Fuso Pharmaceutical Industries Ltd.

     28,000         83,213   

JCR Pharmaceuticals Co., Ltd.

     1,700         42,184   

Kaken Pharmaceutical Co., Ltd.

     28,000         631,752   

KYORIN Holdings, Inc.

     16,500         334,828   

Mochida Pharmaceutical Co., Ltd.

     3,500         236,109   

Nichi-iko Pharmaceutical Co., Ltd.

     10,900         176,177   

Nippon Shinyaku Co., Ltd.

     6,000         181,595   

Rohto Pharmaceutical Co., Ltd.

     10,000         134,099   

Sawai Pharmaceutical Co., Ltd.

     700         40,266   

Tsumura & Co.(a)

     18,100         403,762   

ZERIA Pharmaceutical Co., Ltd.(a)

     4,800         98,980   
     

 

 

 
Total Pharmaceuticals         2,362,965   
Professional Services – 0.9%      

en-japan, Inc.

     2,300         44,681   

Funai Soken Holdings, Inc.

     7,600         70,114   

Meitec Corp.

     6,700         199,116   

Nihon M&A Center, Inc.

     3,000         87,105   

Nomura Co., Ltd.

     6,800         63,044   

Pasco Corp.

     12,000         46,274   
Investments    Shares      Value  
     

Temp Holdings Co., Ltd.

     5,600       $ 170,509   

Weathernews, Inc.

     1,100         31,186   

Yumeshin Holdings Co., Ltd.(a)

     13,900         107,328   
     

 

 

 
Total Professional Services               819,357   
Real Estate Management & Development – 1.2%      

Daikyo, Inc.(a)

     113,000         211,176   

Heiwa Real Estate Co., Ltd.

     3,300         51,984   

Jowa Holdings Co., Ltd.(a)

     5,000         171,840   

Keihanshin Building Co., Ltd.

     13,100         71,176   

Relo Holdings, Inc.

     2,948         203,440   

Sumitomo Real Estate Sales Co., Ltd.

     7,200         165,798   

Sun Frontier Fudousan Co., Ltd.(a)

     4,000         45,727   

Takara Leben Co., Ltd.(a)

     18,300         68,065   

TOC Co., Ltd.

     11,900         76,914   
     

 

 

 
Total Real Estate Management & Development         1,066,120   
Road & Rail – 2.3%      

Fukuyama Transporting Co., Ltd.(a)

     43,000         214,422   

Hitachi Transport System Ltd.

     17,500         225,899   

Ichinen Holdings Co., Ltd.

     5,000         41,570   

Maruzen Showa Unyu Co., Ltd.

     9,000         28,470   

Nankai Electric Railway Co., Ltd.

     59,838         274,929   

Nishi-Nippon Railroad Co., Ltd.

     85,000         320,799   

Sankyu, Inc.

     57,000         304,499   

Seino Holdings Co., Ltd.

     23,000         184,302   

Senko Co., Ltd.(a)

     32,000         139,149   

Sotetsu Holdings, Inc.(a)

     76,000         275,053   

Trancom Co., Ltd.

     1,000         44,897   
     

 

 

 
Total Road & Rail               2,053,989   
Semiconductors & Semiconductor Equipment – 1.5%      

Advantest Corp.(a)

     18,700         241,048   

Dainippon Screen Manufacturing Co., Ltd.(a)

     18,000         91,563   

Disco Corp.(a)

     3,800         258,079   

MegaChips Corp.

     6,092         81,305   

Mimasu Semiconductor Industry Co., Ltd.

     8,400         75,274   

Mitsui High-Tec, Inc.

     6,800         44,075   

Nuflare Technology, Inc.

     2,000         99,731   

Sanken Electric Co., Ltd.

     17,000         142,732   

Shindengen Electric Manufacturing Co., Ltd.

     16,000         109,249   

Shinko Electric Industries Co., Ltd.

     23,400         170,868   

UT Holdings Co., Ltd.

     3,800         19,988   
     

 

 

 
Total Semiconductors & Semiconductor Equipment         1,333,912   
Software – 1.4%      

Broadleaf Co., Ltd.

     4,000         64,397   

Capcom Co., Ltd.(a)

     14,200         222,913   

DTS Corp.

     1,200         25,117   

Fuji Soft, Inc.

     2,900         70,639   

Koei Tecmo Holdings Co., Ltd.

     19,800         319,486   

Marvelous, Inc.(a)

     5,000         58,070   

Miroku Jyoho Service Co., Ltd.

     10,000         54,332   

Square Enix Holdings Co., Ltd.(a)

     15,850         336,521   

Systena Corp.

     11,200         85,357   
     

 

 

 
Total Software         1,236,832   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      97   


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Specialty Retail – 5.4%      

Adastria Holdings Co., Ltd.(a)

     10,861       $ 211,883   

Alpen Co., Ltd.(a)

     7,900         121,566   

AOKI Holdings, Inc.

     19,800         227,792   

Aoyama Trading Co., Ltd.

     15,800         368,011   

Arcland Sakamoto Co., Ltd.(a)

     2,948         69,094   

Autobacs Seven Co., Ltd.(a)

     29,300         455,413   

Bic Camera, Inc.(a)

     11,400         107,458   

Chiyoda Co., Ltd.

     8,400         169,769   

DCM Holdings Co., Ltd.

     38,000         260,504   

EDION Corp.(a)

     34,100         215,427   

Geo Holdings Corp.(a)

     25,600         220,539   

Gulliver International Co., Ltd.

     13,600         115,673   

Honeys Co., Ltd.(a)

     8,140         85,856   

Jin Co., Ltd.(a)

     2,700         72,783   

Joshin Denki Co., Ltd.

     9,000         80,487   

K’s Holdings Corp.(a)

     11,917         354,702   

Keiyo Co., Ltd.(a)

     16,500         74,908   

Komeri Co., Ltd.(a)

     5,500         124,997   

Konaka Co., Ltd.

     11,100         66,785   

Nishimatsuya Chain Co., Ltd.(a)

     14,600         113,930   

Pal Co., Ltd.

     4,600         124,965   

Right On Co., Ltd.(a)

     9,700         63,137   

Sanrio Co., Ltd.(a)

     19,905         577,035   

United Arrows Ltd.(a)

     4,300         158,954   

VT Holdings Co., Ltd.(a)

     25,754         92,268   

Xebio Co., Ltd.

     7,800         118,250   

Yellow Hat Ltd.

     5,100         112,047   
     

 

 

 
Total Specialty Retail         4,764,233   
Technology Hardware, Storage & Peripherals – 1.0%      

Elecom Co., Ltd.

     2,000         45,071   

Japan Digital Laboratory Co., Ltd.(a)

     5,600         103,531   

Melco Holdings, Inc.

     5,600         107,002   

Riso Kagaku Corp.

     5,282         170,939   

Roland DG Corp.

     1,700         70,126   

Toshiba TEC Corp.

     33,000         213,592   

Wacom Co., Ltd.(a)

     46,000         198,769   
     

 

 

 
Total Technology Hardware, Storage & Peripherals         909,030   
Textiles, Apparel & Luxury Goods – 2.0%      

Daidoh Ltd.

     11,800         58,841   

Descente Ltd.

     5,000         43,165   

Fujibo Holdings, Inc.

     28,000         82,192   

Gunze Ltd.

     78,000         219,007   

Japan Wool Textile Co., Ltd. (The)

     16,000         110,561   

Kurabo Industries Ltd.

     92,000         155,996   

Onward Holdings Co., Ltd.

     45,639         284,997   

Seiko Holdings Corp.

     22,000         96,267   

Seiren Co., Ltd.

     9,000         80,405   

TSI Holdings Co., Ltd.

     23,400         164,042   

Wacoal Holdings Corp.

     40,000         389,443   

Yondoshi Holdings, Inc.

     3,100         62,088   
     

 

 

 
Total Textiles, Apparel & Luxury Goods         1,747,004   
Investments    Shares      Value  
     
Trading Companies & Distributors – 3.5%      

Daiichi Jitsugyo Co., Ltd.

     23,000       $ 128,739   

Emori Group Holdings Co., Ltd.

     3,000         54,533   

Hanwa Co., Ltd.

     52,000         194,357   

Inaba Denki Sangyo Co., Ltd.

     9,400         316,204   

Iwatani Corp.(a)

     21,000         145,494   

Kamei Corp.

     7,700         55,945   

Kanamoto Co., Ltd.

     2,400         88,609   

Kanematsu Corp.

     48,000         77,013   

MISUMI Group, Inc.

     9,600         289,676   

MonotaRO Co., Ltd.(a)

     2,100         52,589   

Nagase & Co., Ltd.(a)

     24,000         291,645   

Nippon Steel & Sumikin Bussan Corp.

     89,960         346,899   

Seika Corp.

     19,000         46,420   

Shinsho Corp.

     28,000         69,429   

Sojitz Corp.

     233,200         365,654   

Trusco Nakayama Corp.

     5,000         129,313   

Wakita & Co., Ltd.

     10,545         111,607   

Yamazen Corp.

     19,600         153,484   

Yuasa Trading Co., Ltd.

     7,000         135,731   
     

 

 

 
Total Trading Companies & Distributors         3,053,341   
Transportation Infrastructure – 0.5%      

Japan Airport Terminal Co., Ltd.(a)

     4,300         172,478   

Nissin Corp.

     28,000         73,513   

Sumitomo Warehouse Co., Ltd. (The)

     35,000         184,740   
     

 

 

 
Total Transportation Infrastructure               430,731   
TOTAL COMMON STOCKS
(Cost: $86,172,260)
              86,967,711   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 24.7%      
United States – 24.7%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(b)

     
(Cost: $21,759,510)(c)      21,759,510         21,759,510   

TOTAL INVESTMENTS IN SECURITIES – 123.2%

(Cost: $107,931,770)

        108,727,221   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (23.2)%

        (20,491,561
     

 

 

 
NET ASSETS – 100.0%             $ 88,235,660   
(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(c) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $20,656,152 and the total market value of the collateral held by the Fund was $21,766,230. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $6,720.

 

See Notes to Financial Statements.

 

98   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Japan Hedged Tech, Media and Telecom Fund (DXJT)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 98.7%      
Japan – 98.7%      
Electronic Equipment, Instruments & Components – 29.1%   

Ai Holdings Corp.

     200       $ 4,046   

Alps Electric Co., Ltd.

     900         15,449   

Anritsu Corp.(a)

     700         5,341   

Azbil Corp.

     300         7,354   

Citizen Holdings Co., Ltd.

     1,500         9,832   

Enplas Corp.

     50         2,553   

Hamamatsu Photonics K.K.(a)

     350         16,623   

Hirose Electric Co., Ltd.(a)

     150         18,515   

Hitachi High-Technologies Corp.

     300         8,615   

Hitachi Ltd.

     22,100         168,729   

Horiba Ltd.

     200         7,275   

Hoya Corp.

     2,000         67,168   

Ibiden Co., Ltd.

     600         11,683   

Iriso Electronics Co., Ltd.

     50         3,966   

Japan Aviation Electronics Industry Ltd.

     400         9,116   

Japan Display, Inc.*

     1,400         6,752   

Keyence Corp.

     205         89,077   

Kyocera Corp.(a)

     1,620         75,480   

Mitsumi Electric Co., Ltd.(a)

     400         2,888   

Murata Manufacturing Co., Ltd.

     920         104,585   

Nichicon Corp.

     400         2,873   

Nippon Electric Glass Co., Ltd.(a)

     2,000         9,736   

Nippon Signal Co., Ltd. (The)

     300         3,079   

Oki Electric Industry Co., Ltd.

     3,000         7,001   

Omron Corp.

     1,030         46,761   

Shimadzu Corp.

     1,300         11,247   

Taiyo Yuden Co., Ltd.(a)

     500         5,597   

TDK Corp.

     550         30,685   

Topcon Corp.

     400         9,102   

Yaskawa Electric Corp.(a)

     1,100         14,891   

Yokogawa Electric Corp.(a)

     900         11,831   
     

 

 

 
Total Electronic Equipment, Instruments & Components               787,850   
Household Durables – 10.7%      

Alpine Electronics, Inc.

     200         3,295   

Casio Computer Co., Ltd.(a)

     1,400         23,330   

Nikon Corp.(a)

     1,700         24,564   

Panasonic Corp.(a)

     10,700         127,245   

Pioneer Corp.*(a)

     1,300         3,567   

Sharp Corp.*(a)

     8,000         22,754   

Sony Corp.(a)

     4,700         85,306   
     

 

 

 
Total Household Durables               290,061   
Internet & Catalog Retail – 1.8%      

Rakuten, Inc.(a)

     3,800         43,752   

Start Today Co., Ltd.(a)

     300         6,528   
     

 

 

 
Total Internet & Catalog Retail               50,280   
Internet Software & Services – 2.2%      

Dena Co., Ltd.(a)

     500         6,359   

GMO Internet, Inc.

     300         2,609   

Gree, Inc.(a)

     500         3,409   
Investments    Shares      Value  
     

Internet Initiative Japan, Inc.(a)

     200       $ 4,015   

Kakaku.com, Inc.(a)

     700         9,942   

Mixi, Inc.(a)

     200         10,010   

Yahoo Japan Corp.(a)

     6,300         23,949   
     

 

 

 
Total Internet Software & Services               60,293   
IT Services – 5.7%      

Fujitsu Ltd.

     10,000         61,534   

IT Holdings Corp.

     400         6,998   

Itochu Techno-Solutions Corp.

     120         5,043   

NEC Networks & System Integration Corp.

     200         4,518   

NET One Systems Co., Ltd.(a)

     400         2,308   

Nomura Research Institute Ltd.

     600         19,390   

NS Solutions Corp.

     100         2,972   

NTT Data Corp.(a)

     600         21,605   

Obic Co., Ltd.

     300         10,721   

Otsuka Corp.(a)

     300         11,924   

SCSK Corp.

     300         8,060   
     

 

 

 
Total IT Services               155,073   
Leisure Products – 2.6%      

Bandai Namco Holdings, Inc.

     1,100         28,228   

Heiwa Corp.

     200         3,955   

Sankyo Co., Ltd.(a)

     240         8,598   

Sega Sammy Holdings, Inc.(a)

     1,100         17,699   

Yamaha Corp.

     900         11,757   
     

 

 

 
Total Leisure Products               70,237   
Media – 3.9%      

Asatsu-DK, Inc.

     200         5,016   

Avex Group Holdings, Inc.(a)

     200         3,032   

Daiichikosho Co., Ltd.(a)

     200         5,377   

Dentsu, Inc.

     1,240         47,194   

Hakuhodo DY Holdings, Inc.(a)

     1,400         14,166   

Shochiku Co., Ltd.

     1,000         9,298   

SKY Perfect JSAT Holdings, Inc.

     900         5,292   

Toei Co., Ltd.

     400         2,075   

Toho Co., Ltd.

     690         15,600   
     

 

 

 
Total Media               107,050   
Semiconductors & Semiconductor Equipment – 4.7%      

Advantest Corp.(a)

     700         9,023   

Dainippon Screen Manufacturing Co., Ltd.

     1,100         5,595   

Disco Corp.

     130         8,829   

Micronics Japan Co., Ltd.

     100         5,661   

Rohm Co., Ltd.

     460         28,935   

Sanken Electric Co., Ltd.

     800         6,717   

Sumco Corp.(a)

     400         4,828   

Tokyo Electron Ltd.

     830         54,161   

Tokyo Seimitsu Co., Ltd.(a)

     200         3,360   
     

 

 

 
Total Semiconductors & Semiconductor Equipment               127,109   
Software – 4.2%      

Capcom Co., Ltd.(a)

     200         3,140   

GungHo Online Entertainment, Inc.(a)

     1,700         8,105   

Konami Corp.(a)

     500         10,420   

Nexon Co., Ltd.

     700         5,775   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      99   


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Japan Hedged Tech, Media and Telecom Fund (DXJT)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Nintendo Co., Ltd.

     520       $ 56,553   

Oracle Corp.

     150         5,853   

Square Enix Holdings Co., Ltd.(a)

     330         7,006   

Trend Micro, Inc.(a)

     470         15,896   
     

 

 

 
Total Software               112,748   
Technology Hardware, Storage & Peripherals – 15.2%      

Brother Industries Ltd.(a)

     1,130         20,901   

Canon, Inc.

     5,270         171,535   

Eizo Corp.

     100         2,306   

FUJIFILM Holdings Corp.

     2,230         68,509   

Hitachi Maxell Ltd.

     100         1,578   

Konica Minolta, Inc.(a)

     2,400         25,905   

NEC Corp.(a)

     12,000         41,461   

Ricoh Co., Ltd.

     3,300         35,438   

Riso Kagaku Corp.

     100         3,236   

Seiko Epson Corp.

     700         33,630   

Toshiba TEC Corp.

     800         5,178   

Wacom Co., Ltd.(a)

     700         3,025   
     

 

 

 
Total Technology Hardware, Storage & Peripherals               412,702   
Wireless Telecommunication Services – 18.6%      

Japan Communications, Inc.*(a)

     600         3,342   

KDDI Corp.(a)

     2,450         147,253   

NTT DOCOMO, Inc.(a)

     6,400         106,798   

SoftBank Corp.

     3,510         246,031   
     

 

 

 
Total Wireless Telecommunication Services               503,424   
TOTAL COMMON STOCKS
(Cost: $2,649,883)
              2,676,827   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 29.8%      
United States – 29.8%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(b)

     
(Cost: $806,820)(c)      806,820         806,820   
TOTAL INVESTMENTS IN SECURITIES – 128.5%
(Cost: $3,456,703)
        3,483,647   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (28.5)%

        (773,248
     

 

 

 
NET ASSETS – 100.0%             $ 2,710,399   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(c) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $767,265 and the total market value of the collateral held by the Fund was $806,820.

 

See Notes to Financial Statements.

 

100   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 99.2%      
Japan – 99.2%      
Air Freight & Logistics – 0.4%      

Kintetsu World Express, Inc.

     12,183       $ 464,241   

Mitsui-Soko Co., Ltd.

     103,090         381,554   

Yusen Logistics Co., Ltd.

     30,500         321,418   
     

 

 

 
Total Air Freight & Logistics               1,167,213   
Auto Components – 5.8%      

Aisan Industry Co., Ltd.

     49,400         388,643   

Akebono Brake Industry Co., Ltd.(a)

     22,632         95,525   

Calsonic Kansei Corp.(a)

     126,000         685,738   

Daido Metal Co., Ltd.

     35,000         454,989   

Eagle Industry Co., Ltd.(a)

     17,800         361,533   

Exedy Corp.

     27,325         691,750   

G-Tekt Corp.

     26,600         253,888   

Keihin Corp.(a)

     13,921         183,887   

Kinugawa Rubber Industrial Co., Ltd.

     66,372         281,958   

KYB Co., Ltd.

     148,400         668,304   

Musashi Seimitsu Industry Co., Ltd.(a)

     18,505         366,743   

NHK Spring Co., Ltd.

     155,563         1,524,502   

Nifco, Inc.

     44,086         1,358,409   

Nissin Kogyo Co., Ltd.(a)

     32,800         539,117   

Pacific Industrial Co., Ltd.(a)

     37,300         282,568   

Press Kogyo Co., Ltd.(a)

     119,000         490,341   

Riken Corp.

     75,687         320,149   

Sanden Corp.

     85,963         509,376   

Sanoh Industrial Co., Ltd.(a)

     55,597         380,125   

Showa Corp.

     50,600         553,996   

T. RAD Co., Ltd.

     120,000         300,834   

Tachi-S Co., Ltd.(a)

     5,200         75,183   

Taiho Kogyo Co., Ltd.

     39,700         453,838   

Takata Corp.(a)

     13,100         297,122   

Tokai Rika Co., Ltd.

     64,158         1,355,743   

Tokai Rubber Industries Ltd.(a)

     21,800         192,373   

Topre Corp.

     38,100         541,482   

Toyo Tire & Rubber Co., Ltd.

     64,500         1,102,489   

Toyota Boshoku Corp.(a)

     99,000         1,037,878   

TPR Co., Ltd.

     20,500         494,302   

TS Tech Co., Ltd.

     35,700         867,644   

Unipres Corp.(a)

     22,003         431,054   
     

 

 

 
Total Auto Components               17,541,483   
Banks – 7.3%      

77 Bank Ltd. (The)

     184,000         969,525   

Aomori Bank Ltd. (The)

     151,622         460,277   

Ashikaga Holdings Co., Ltd.

     139,800         518,698   

Awa Bank Ltd. (The)(a)

     51,378         296,011   

Bank of Iwate Ltd. (The)(a)

     15,400         679,484   

Bank of Nagoya Ltd. (The)

     63,691         243,279   

Bank of Saga Ltd. (The)

     211,448         485,755   

Bank of the Ryukyus Ltd.

     25,708         406,144   

Daisan Bank Ltd. (The)

     181,083         302,094   

Daishi Bank Ltd. (The)(a)

     205,552         717,685   

Ehime Bank Ltd. (The)(a)

     237,144         529,653   
Investments    Shares      Value  
     

Eighteenth Bank Ltd. (The)

     177,046       $ 490,651   

FIDEA Holdings Co., Ltd.(a)

     177,227         387,752   

Fukui Bank Ltd. (The)

     96,671         231,774   

Higashi-Nippon Bank Ltd. (The)

     196,000         496,723   

Hokkoku Bank Ltd. (The)(a)

     234,621         797,790   

Hyakugo Bank Ltd. (The)

     13,000         52,145   

Hyakujushi Bank Ltd. (The)

     106,000         339,177   

Jimoto Holdings, Inc.(a)

     104,700         214,755   

Juroku Bank Ltd. (The)

     238,000         891,727   

Kagoshima Bank Ltd. (The)

     91,719         582,781   

Kansai Urban Banking Corp.

     65,700         751,661   

Keiyo Bank Ltd. (The)

     232,684         1,185,745   

Kiyo Bank Ltd. (The)

     67,090         956,550   

Michinoku Bank Ltd. (The)

     111,780         217,049   

Mie Bank Ltd. (The)

     126,389         293,807   

Minato Bank Ltd. (The)

     208,000         409,572   

Miyazaki Bank Ltd. (The)

     207,000         635,936   

Musashino Bank Ltd. (The)

     23,005         763,373   

Nanto Bank Ltd. (The)(a)

     200,000         807,694   

Nishi-Nippon City Bank Ltd. (The)(a)

     669,000         1,786,927   

North Pacific Bank Ltd.

     143,015         563,221   

Ogaki Kyoritsu Bank Ltd. (The)

     82,423         223,161   

Oita Bank Ltd. (The)

     98,000         368,968   

Senshu Ikeda Holdings, Inc.

     6,240         32,083   

Shiga Bank Ltd. (The)

     49,923         274,885   

Tochigi Bank Ltd. (The)

     37,843         148,343   

Toho Bank Ltd. (The)

     238,000         887,388   

Tokyo Tomin Bank Ltd. (The)(a)

     22,043         265,050   

TOMONY Holdings, Inc.

     61,477         258,361   

Tottori Bank Ltd. (The)

     166,000         346,543   

Yachiyo Bank Ltd. (The)

     12,200         386,481   

Yamagata Bank Ltd. (The)(a)

     18,000         84,343   

Yamanashi Chuo Bank Ltd. (The)

     50,066         219,534   
     

 

 

 
Total Banks               21,960,555   
Beverages – 1.0%      

Coca-Cola West Co., Ltd.(a)

     79,679         1,159,284   

Ito En Ltd.(a)

     32,700         690,100   

Sapporo Holdings Ltd.

     128,992         496,236   

Takara Holdings, Inc.

     102,811         782,599   
     

 

 

 
Total Beverages               3,128,219   
Building Products – 2.6%      

Aica Kogyo Co., Ltd.

     42,815         910,202   

Bunka Shutter Co., Ltd.

     37,000         329,541   

Central Glass Co., Ltd.

     140,933         498,491   

Eidai Co., Ltd.

     13,000         57,122   

Nichias Corp.

     98,827         653,171   

Nitto Boseki Co., Ltd.

     121,996         469,322   

Noritz Corp.

     30,400         536,805   

Okabe Co., Ltd.

     31,900         350,712   

Sanwa Holdings Corp.(a)

     182,966         1,301,003   

Sekisui Jushi Corp.

     30,200         407,182   

Takara Standard Co., Ltd.

     109,063         933,590   

Takasago Thermal Engineering Co., Ltd.

     96,972         1,254,417   
     

 

 

 
Total Building Products               7,701,558   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      101   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Capital Markets – 1.8%      

Ichigo Group Holdings Co., Ltd.(a)

     62,400       $ 161,553   

Ichiyoshi Securities Co., Ltd.(a)

     56,188         673,057   

IwaiCosmo Holdings, Inc.

     36,100         359,700   

kabu.com Securities Co., Ltd.

     179,200         875,621   

Kyokuto Securities Co., Ltd.

     60,900         996,540   

Monex Group, Inc.(a)

     499,194         1,301,513   

Sparx Group Co., Ltd.(a)

     79,000         156,279   

Takagi Securities Co., Ltd.(a)

     172,233         400,378   

Toyo Securities Co., Ltd.

     117,198         323,725   
     

 

 

 
Total Capital Markets               5,248,366   
Chemicals – 8.5%      

Achilles Corp.

     231,000         324,299   

ADEKA Corp.(a)

     81,525         1,073,920   

Chugoku Marine Paints Ltd.

     56,000         420,147   

Dainichiseika Color & Chemicals Manufacturing Co., Ltd.

     44,714         239,274   

Denki Kagaku Kogyo K.K.

     495,000         1,619,992   

Earth Chemical Co., Ltd.

     21,500         782,032   

Fujimi, Inc.

     25,700         364,080   

Fujimori Kogyo Co., Ltd.

     9,400         281,927   

Gun-Ei Chemical Industry Co., Ltd.

     14,000         46,967   

JSP Corp.(a)

     22,823         396,352   

Kaneka Corp.(a)

     260,000         1,452,938   

Koatsu Gas Kogyo Co., Ltd.

     39,000         210,474   

Konishi Co., Ltd.

     10,400         186,109   

Kumiai Chemical Industry Co., Ltd.

     25,000         153,152   

Kureha Corp.

     150,648         741,601   

Lintec Corp.(a)

     46,365         980,176   

Nihon Nohyaku Co., Ltd.

     26,188         256,640   

Nihon Parkerizing Co., Ltd.(a)

     25,800         588,699   

Nippon Kayaku Co., Ltd.

     88,000         1,072,574   

Nippon Soda Co., Ltd.

     88,091         449,710   

Nippon Synthetic Chemical Industry Co., Ltd. (The)(a)

     83,860         604,706   

Nippon Valqua Industries Ltd.

     79,688         229,558   

NOF Corp.(a)

     136,000         848,024   

Okamoto Industries, Inc.

     23,436         88,877   

Riken Technos Corp.

     35,600         164,540   

Sakai Chemical Industry Co., Ltd.

     119,000         384,028   

Sakata INX Corp.(a)

     56,000         558,494   

Sanyo Chemical Industries Ltd.

     62,176         382,595   

Sekisui Plastics Co., Ltd.

     80,000         222,435   

Shikoku Chemicals Corp.(a)

     26,000         177,766   

Showa Denko K.K.(a)

     1,026,692         1,347,770   

Sumitomo Bakelite Co., Ltd.

     169,092         662,834   

Sumitomo Seika Chemicals Co., Ltd.

     77,000         440,822   

Taiyo Holdings Co., Ltd.

     22,891         729,332   

Takiron Co., Ltd.

     82,000         412,635   

Teijin Ltd.(a)

     452,000         1,091,937   

Toagosei Co., Ltd.

     127,000         523,305   

Tokai Carbon Co., Ltd.

     78,000         216,163   

Tokuyama Corp.(a)

     207,012         681,265   

Toyo Ink SC Holdings Co., Ltd.

     226,512         1,057,242   
Investments    Shares      Value  
     

Toyobo Co., Ltd.

     471,531       $ 683,472   

Ube Industries Ltd.

     994,930         1,587,244   

Zeon Corp.(a)

     89,000         907,079   
     

 

 

 
Total Chemicals               25,643,186   
Commercial Services & Supplies – 2.0%      

Aeon Delight Co., Ltd.(a)

     35,700         868,620   

Daiseki Co., Ltd.(a)

     18,907         351,959   

Duskin Co., Ltd.(a)

     58,600         957,836   

Itoki Corp.

     35,000         214,094   

Kokuyo Co., Ltd.

     69,603         560,910   

Kyodo Printing Co., Ltd.

     78,049         278,912   

Kyoritsu Printing Co., Ltd.

     79,800         216,059   

Nippon Parking Development Co., Ltd.

     253,900         287,010   

Okamura Corp.(a)

     79,076         599,044   

Sato Holdings Corp.(a)

     22,938         645,095   

Toppan Forms Co., Ltd.(a)

     70,500         727,526   

Uchida Yoko Co., Ltd.

     75,000         258,444   
     

 

 

 
Total Commercial Services & Supplies               5,965,509   
Communications Equipment – 0.3%      

Hitachi Kokusai Electric, Inc.

     64,948         915,353   
Construction & Engineering – 3.3%      

Fudo Tetra Corp.

     16,500         41,816   

Kandenko Co., Ltd.

     78,138         394,625   

Kitano Construction Corp.

     109,651         374,850   

Kyowa Exeo Corp.

     78,066         1,014,121   

Kyudenko Corp.

     32,890         388,581   

Maeda Corp.

     76,087         609,695   

Maeda Road Construction Co., Ltd.

     44,694         695,091   

Mirait Holdings Corp.

     33,800         391,629   

Nippo Corp.

     35,358         648,206   

Nippon Densetsu Kogyo Co., Ltd.

     26,800         429,259   

Nippon Road Co., Ltd. (The)

     72,291         405,296   

Nippon Steel & Sumikin Texeng Co., Ltd.

     23,296         124,874   

Nishimatsu Construction Co., Ltd.

     38,037         171,989   

Okumura Corp.

     144,853         845,124   

Penta-Ocean Construction Co., Ltd.(a)

     36,293         122,085   

SHO-BOND Holdings Co., Ltd.

     2,400         93,423   

Taikisha Ltd.

     13,065         292,160   

Toda Corp.

     87,549         439,760   

Toenec Corp.

     81,000         441,570   

Tokyu Construction Co., Ltd.

     54,600         270,773   

Toshiba Plant Systems & Services Corp.

     34,200         575,534   

Totetsu Kogyo Co., Ltd.

     15,479         364,768   

Toyo Construction Co., Ltd.(a)

     23,400         106,873   

Toyo Engineering Corp.(a)

     61,554         263,735   

Yurtec Corp.

     101,000         493,514   
     

 

 

 
Total Construction & Engineering               9,999,351   
Construction Materials – 0.3%      

Sumitomo Osaka Cement Co., Ltd.

     236,404         775,837   
Containers & Packaging – 0.9%      

FP Corp.(a)

     25,200         705,265   

Fuji Seal International, Inc.(a)

     19,605         615,700   

 

See Notes to Financial Statements.

 

102   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Nihon Yamamura Glass Co., Ltd.

     246,000       $ 392,452   

Rengo Co., Ltd.(a)

     227,000         1,020,201   
     

 

 

 
Total Containers & Packaging               2,733,618   
Distributors – 0.6%      

Doshisha Co., Ltd.

     33,200         569,904   

Happinet Corp.(a)

     19,900         317,471   

Paltac Corp.

     60,257         737,179   

Sankyo Seiko Co., Ltd.

     84,474         312,653   
     

 

 

 
Total Distributors               1,937,207   
Diversified Consumer Services – 0.1%      

Meiko Network Japan Co., Ltd.(a)

     19,386         212,778   

Studio Alice Co., Ltd.

     11,160         143,347   
     

 

 

 
Total Diversified Consumer Services               356,125   
Diversified Financial Services – 0.2%      

Ricoh Leasing Co., Ltd.

     17,100         476,234   
Electrical Equipment – 1.8%      

Daihen Corp.

     67,000         260,194   

Denyo Co., Ltd.

     2,000         27,294   

Endo Lighting Corp.(a)

     23,100         269,337   

Fujikura Ltd.(a)

     154,715         744,697   

Furukawa Electric Co., Ltd.(a)

     434,000         870,413   

GS Yuasa Corp.(a)

     123,000         716,505   

Idec Corp.

     3,336         27,857   

Kyosan Electric Manufacturing Co., Ltd.

     80,000         255,983   

Nippon Carbon Co., Ltd.

     157,000         271,936   

Nissin Electric Co., Ltd.

     47,765         283,903   

Nitto Kogyo Corp.

     30,700         615,707   

Odelic Co., Ltd.

     8,800         229,677   

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

     39,020         207,737   

Ushio, Inc.

     69,675         735,527   
     

 

 

 
Total Electrical Equipment               5,516,767   
Electronic Equipment, Instruments & Components – 4.6%      

Ai Holdings Corp.

     47,400         958,846   

Amano Corp.

     66,035         705,529   

Anritsu Corp.(a)

     101,300         772,944   

Azbil Corp.(a)

     73,954         1,812,866   

Canon Electronics, Inc.(a)

     46,200         852,444   

CONEXIO Corp.

     23,500         233,083   

Daiwabo Holdings Co., Ltd.

     210,396         406,618   

Enplas Corp.(a)

     4,589         234,271   

Hakuto Co., Ltd.

     25,934         261,716   

Horiba Ltd.(a)

     19,500         709,285   

Japan Aviation Electronics Industry Ltd.

     34,000         774,876   

Kaga Electronics Co., Ltd.

     38,300         442,373   

Koa Corp.

     18,547         195,623   

Macnica, Inc.

     12,100         386,070   

Nichicon Corp.

     59,482         427,292   

Nippon Signal Co., Ltd. (The)

     36,900         378,772   

Nohmi Bosai Ltd.

     62,791         983,408   

Oki Electric Industry Co., Ltd.

     254,000         592,771   

Optex Co., Ltd.

     11,800         213,098   
Investments    Shares      Value  
     

Ryoden Trading Co., Ltd.

     73,723       $ 551,772   

Ryosan Co., Ltd.

     11,700         251,716   

Sanshin Electronics Co., Ltd.(a)

     38,500         286,745   

Siix Corp.(a)

     19,000         330,307   

SMK Corp.(a)

     39,000         189,498   

Taiyo Yuden Co., Ltd.(a)

     37,800         423,159   

Tomen Electronics Corp.

     16,619         248,766   

Topcon Corp.

     9,300         211,612   

UKC Holdings Corp.

     4,300         70,206   
     

 

 

 
Total Electronic Equipment, Instruments & Components               13,905,666   
Energy Equipment & Services – 0.3%      

Modec, Inc.(a)

     22,504         589,398   

Toyo Kanetsu K.K.

     93,558         226,869   
     

 

 

 
Total Energy Equipment & Services               816,267   
Food & Staples Retailing – 3.5%      

Ain Pharmaciez, Inc.(a)

     9,362         213,706   

Arcs Co., Ltd.

     40,294         842,649   

Belc Co., Ltd.

     19,100         524,969   

Cocokara fine, Inc.(a)

     14,800         387,219   

Cosmos Pharmaceutical Corp.

     900         114,125   

Heiwado Co., Ltd.

     35,263         592,458   

Kasumi Co., Ltd.

     58,679         534,394   

Kato Sangyo Co., Ltd.

     26,716         560,404   

Maruetsu, Inc. (The)

     102,000         486,312   

Matsumotokiyoshi Holdings Co., Ltd.

     35,500         1,046,926   

Ministop Co., Ltd.(a)

     23,300         324,770   

Mitsubishi Shokuhin Co., Ltd.(a)

     25,100         570,897   

Okuwa Co., Ltd.

     24,000         216,163   

Qol Co., Ltd.(a)

     43,600         259,545   

S Foods, Inc.

     40,200         678,704   

San-A Co., Ltd.

     14,700         489,799   

UNY Group Holdings Co., Ltd.(a)

     259,600         1,379,706   

Valor Co., Ltd.

     34,091         551,323   

Welcia Holdings Co., Ltd.(a)

     16,300         485,902   

Yokohama Reito Co., Ltd.

     29,828         221,341   
     

 

 

 
Total Food & Staples Retailing               10,481,312   
Food Products – 3.7%      

Ariake Japan Co., Ltd.

     26,728         598,910   

Ezaki Glico Co., Ltd.

     31,863         1,100,878   

Fuji Oil Co., Ltd.

     56,800         838,317   

Fujicco Co., Ltd.

     34,000         440,129   

Hokuto Corp.(a)

     19,991         360,838   

J-Oil Mills, Inc.

     157,981         521,347   

Kagome Co., Ltd.(a)

     42,900         678,531   

Kameda Seika Co., Ltd.

     2,300         68,982   

Kewpie Corp.(a)

     54,700         923,510   

Kyokuyo Co., Ltd.

     24,000         56,885   

Marudai Food Co., Ltd.

     127,000         474,680   

Maruha Nichiro Corp.(a)

     34,832         518,852   

Megmilk Snow Brand Co., Ltd.(a)

     55,200         722,111   

Mitsui Sugar Co., Ltd.

     73,492         245,878   

Morinaga & Co., Ltd.

     107,439         232,126   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      103   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Morinaga Milk Industry Co., Ltd.

     67,411       $ 216,930   

Nakamuraya Co., Ltd.

     66,000         259,319   

Nichirei Corp.

     156,096         656,003   

Nippon Beet Sugar Manufacturing Co., Ltd.

     126,000         221,687   

Nippon Flour Mills Co., Ltd.(a)

     158,766         768,538   

Rock Field Co., Ltd.(a)

     6,900         122,092   

Sakata Seed Corp.

     6,400         81,506   

Showa Sangyo Co., Ltd.

     169,000         617,795   

Starzen Co., Ltd.

     112,000         349,186   

Warabeya Nichiyo Co., Ltd.

     1,700         30,515   
     

 

 

 
Total Food Products               11,105,545   
Gas Utilities – 0.3%      

Saibu Gas Co., Ltd.(a)

     202,362         481,485   

Shizuoka Gas Co., Ltd.

     52,492         349,324   
     

 

 

 
Total Gas Utilities               830,809   
Health Care Equipment & Supplies – 1.5%      

Eiken Chemical Co., Ltd.

     13,335         228,055   

Hogy Medical Co., Ltd.(a)

     10,000         529,650   

Nagaileben Co., Ltd.

     26,726         517,977   

Nihon Kohden Corp.

     22,783         1,196,318   

Nikkiso Co., Ltd.

     32,400         357,096   

Nipro Corp.(a)

     155,600         1,292,234   

Nissui Pharmaceutical Co., Ltd.

     28,800         335,796   

Paramount Bed Holdings Co., Ltd.

     5,021         143,954   
     

 

 

 
Total Health Care Equipment & Supplies               4,601,080   
Health Care Providers & Services – 0.7%      

As One Corp.

     2,000         62,811   

BML, Inc.

     12,000         378,504   

Message Co., Ltd.

     3,400         116,696   

Nichii Gakkan Co.

     57,900         458,682   

Ship Healthcare Holdings, Inc.(a)

     14,207         454,593   

Toho Holdings Co., Ltd.

     20,400         389,979   

Vital KSK Holdings, Inc.(a)

     43,084         377,837   
     

 

 

 
Total Health Care Providers & Services               2,239,102   
Hotels, Restaurants & Leisure – 3.0%      

Accordia Golf Co., Ltd.(a)

     88,500         929,413   

Doutor Nichires Holdings Co., Ltd.

     38,353         607,662   

Fuji Kyuko Co., Ltd.(a)

     27,402         311,253   

Hiramatsu, Inc.

     19,600         113,817   

Ichibanya Co., Ltd.

     8,018         388,858   

Kyoritsu Maintenance Co., Ltd.(a)

     15,325         623,087   

MOS Food Services, Inc.(a)

     15,400         307,312   

Ohsho Food Service Corp.(a)

     3,900         150,745   

PGM Holdings K.K.

     19,300         184,740   

Plenus Co., Ltd.

     47,068         1,081,712   

Resorttrust, Inc.(a)

     70,408         1,571,897   

Round One Corp.

     99,637         599,484   

Royal Holdings Co., Ltd.(a)

     6,700         108,170   

Saizeriya Co., Ltd.(a)

     32,300         432,551   

St. Marc Holdings Co., Ltd.(a)

     9,259         467,613   

Starbucks Coffee Japan Ltd.(a)

     15,800         210,580   

Tokyo Dome Corp.

     84,000         353,781   
Investments    Shares      Value  
     

Tokyotokeiba Co., Ltd.(a)

     108,424       $ 310,362   

Yoshinoya Holdings Co., Ltd.(a)

     7,900         94,632   

Zensho Holdings Co., Ltd.(a)

     13,419         118,905   
     

 

 

 
Total Hotels, Restaurants & Leisure               8,966,574   
Household Durables – 2.2%      

Cleanup Corp.

     36,300         314,041   

Foster Electric Co., Ltd.(a)

     32,400         466,085   

Fuji Corp., Ltd.

     64,600         360,410   

Fujitsu General Ltd.

     41,000         503,086   

Haseko Corp.

     18,800         145,162   

Higashi Nihon House Co., Ltd.(a)

     56,300         272,531   

Misawa Homes Co., Ltd.

     32,900         333,814   

PanaHome Corp.

     115,177         800,081   

Pressance Corp.

     9,600         267,797   

Sangetsu Co., Ltd.(a)

     26,600         670,001   

Starts Corp., Inc.(a)

     13,600         201,220   

Sumitomo Forestry Co., Ltd.(a)

     76,300         820,767   

Tama Home Co., Ltd.(a)

     81,500         514,135   

Tamron Co., Ltd.(a)

     15,766         302,830   

TOA Corp.(a)

     22,652         237,475   

Token Corp.

     8,670         396,767   

West Holdings Corp.(a)

     13,300         144,282   
     

 

 

 
Total Household Durables               6,750,484   
Household Products – 0.8%      

Lion Corp.

     200,013         1,075,780   

Pigeon Corp.

     21,694         1,228,130   
     

 

 

 
Total Household Products               2,303,910   
Industrial Conglomerates – 0.6%      

Keihan Electric Railway Co., Ltd.(a)

     221,000         950,927   

Nisshinbo Holdings, Inc.(a)

     106,000         889,977   
     

 

 

 
Total Industrial Conglomerates               1,840,904   
Internet & Catalog Retail – 0.5%      

ASKUL Corp.(a)

     30,265         634,573   

Belluna Co., Ltd.

     52,084         228,857   

Ikyu Corp.

     21,100         289,297   

Senshukai Co., Ltd.(a)

     37,076         297,095   
     

 

 

 
Total Internet & Catalog Retail               1,449,822   
Internet Software & Services – 1.2%      

Dena Co., Ltd.(a)

     115,890         1,473,782   

GMO Internet, Inc.(a)

     75,172         653,759   

Gree, Inc.(a)

     160,300         1,093,071   

Gurunavi, Inc.(a)

     16,700         230,492   

Internet Initiative Japan, Inc.(a)

     9,600         192,709   
     

 

 

 
Total Internet Software & Services               3,643,813   
IT Services – 1.4%      

Bit-isle, Inc.(a)

     51,700         283,255   

Ines Corp.(a)

     30,710         259,521   

Information Services International-Dentsu Ltd.(a)

     19,500         211,186   

IT Holdings Corp.(a)

     55,400         969,166   

NEC Networks & System Integration Corp.

     31,779         717,885   

NET One Systems Co., Ltd.(a)

     15,858         91,509   

 

See Notes to Financial Statements.

 

104   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Nihon Unisys Ltd.

     27,300       $ 246,632   

NS Solutions Corp.

     45,990         1,366,766   
     

 

 

 
Total IT Services               4,145,920   
Leisure Products – 1.4%      

Daikoku Denki Co., Ltd.(a)

     8,100         142,587   

Dunlop Sports Co., Ltd.

     20,686         238,928   

Fields Corp.

     41,000         599,517   

Heiwa Corp.

     82,000         1,621,386   

Mars Engineering Corp.

     23,200         410,090   

Mizuno Corp.(a)

     110,616         585,878   

Universal Entertainment Corp.(a)

     35,100         575,001   
     

 

 

 
Total Leisure Products               4,173,387   
Life Sciences Tools & Services – 0.1%      

EPS Corp.

     18,500         238,976   
Machinery – 6.0%      

Aida Engineering Ltd.

     69,300         704,403   

Anest Iwata Corp.(a)

     38,200         278,939   

Asahi Diamond Industrial Co., Ltd.

     6,500         94,097   

Bando Chemical Industries Ltd.

     78,787         309,560   

CKD Corp.(a)

     31,841         289,107   

Daifuku Co., Ltd.

     28,104         330,243   

DMG Mori Seiki Co., Ltd.

     65,900         844,664   

Fujitec Co., Ltd.(a)

     51,461         560,608   

Furukawa Co., Ltd.(a)

     79,000         163,481   

Glory Ltd.

     17,000         479,648   

Hitachi Koki Co., Ltd.

     21,227         184,608   

Hitachi Zosen Corp.

     50,500         297,858   

Hosokawa Micron Corp.

     35,000         207,712   

Iseki & Co., Ltd.

     75,000         183,919   

Japan Steel Works Ltd. (The)(a)

     238,524         956,749   

Kato Works Co., Ltd.

     12,000         91,563   

Kitz Corp.(a)

     36,889         183,949   

Kobelco Eco-Solutions Co., Ltd.(a)

     79,000         525,730   

Kyokuto Kaihatsu Kogyo Co., Ltd.

     24,580         355,832   

Makino Milling Machine Co., Ltd.(a)

     45,578         336,969   

Meidensha Corp.

     73,000         287,488   

Mitsuboshi Belting Co., Ltd.

     13,092         85,812   

Mitsui Engineering & Shipbuilding Co., Ltd.

     114,404         257,603   

Miura Co., Ltd.(a)

     76,572         900,478   

Morita Holdings Corp.

     34,405         358,807   

Nachi-Fujikoshi Corp.

     115,000         840,786   

Nippon Sharyo Ltd.(a)

     94,438         339,200   

Nippon Thompson Co., Ltd.(a)

     68,051         351,747   

Nitta Corp.

     15,500         376,284   

Noritake Co., Ltd.

     106,389         258,953   

Obara Group, Inc.(a)

     10,179         373,031   

Oiles Corp.(a)

     28,791         553,799   

OKUMA Corp.(a)

     45,852         366,582   

OSG Corp.

     48,800         845,253   

Ryobi Ltd.

     108,000         315,055   

Shima Seiki Manufacturing Ltd.(a)

     22,500         370,436   

Shinmaywa Industries Ltd.

     54,685         497,522   

Star Micronics Co., Ltd.

     50,034         735,720   
Investments    Shares      Value  
     

Tadano Ltd.

     35,000       $ 644,195   

Tocalo Co., Ltd.

     15,900         330,770   

Torishima Pump Manufacturing Co., Ltd.(a)

     3,300         27,406   

Toshiba Machine Co., Ltd.

     16,806         76,603   

Tsubakimoto Chain Co.

     96,228         794,773   

Tsugami Corp.(a)

     20,000         111,400   

Tsukishima Kikai Co., Ltd.

     19,800         220,933   

Union Tool Co.

     15,300         420,525   
     

 

 

 
Total Machinery               18,120,800   
Marine – 0.7%      

Iino Kaiun Kaisha Ltd.

     71,900         410,314   

Kawasaki Kisen Kaisha Ltd.(a)

     505,000         1,072,656   

NS United Kaiun Kaisha Ltd.

     221,000         545,978   
     

 

 

 
Total Marine               2,028,948   
Media – 1.8%      

Asatsu-DK, Inc.(a)

     64,939         1,628,581   

Avex Group Holdings, Inc.(a)

     45,299         686,743   

Daiichikosho Co., Ltd.(a)

     29,600         795,756   

Gakken Holdings Co., Ltd.

     72,789         183,806   

Kadokawa Corp.(a)

     9,300         222,718   

OPT, Inc.(a)

     26,200         183,193   

SKY Perfect JSAT Holdings, Inc.

     176,300         1,036,633   

Toei Co., Ltd.

     60,313         312,850   

Zenrin Co., Ltd.(a)

     25,187         298,492   
     

 

 

 
Total Media               5,348,772   
Metals & Mining – 2.0%      

Asahi Holdings, Inc.

     37,400         668,935   

Daido Steel Co., Ltd.(a)

     129,000         513,907   

Kyoei Steel Ltd.(a)

     13,814         256,521   

Mitsubishi Steel Manufacturing Co., Ltd.

     163,000         362,569   

Mitsui Mining & Smelting Co., Ltd.

     123,000         327,417   

Neturen Co., Ltd.

     43,600         323,140   

Nippon Denko Co., Ltd.

     81,041         200,949   

Nisshin Steel Co., Ltd.(a)

     37,528         340,744   

Nittetsu Mining Co., Ltd.

     91,000         371,649   

Sanyo Special Steel Co., Ltd.

     78,000         287,980   

Toho Zinc Co., Ltd.

     30,967         117,719   

Toyo Kohan Co., Ltd.

     92,905         503,082   

UACJ Corp.(a)

     232,632         884,339   

Yamato Kogyo Co., Ltd.

     23,900         797,429   
     

 

 

 
Total Metals & Mining               5,956,380   
Multiline Retail – 0.2%      

Fuji Co., Ltd.(a)

     7,100         140,712   

H2O Retailing Corp.(a)

     21,300         356,505   
     

 

 

 
Total Multiline Retail               497,217   
Oil, Gas & Consumable Fuels – 0.9%      

Cosmo Oil Co., Ltd.

     225,000         379,461   

Itochu Enex Co., Ltd.

     148,781         958,915   

Nippon Coke & Engineering Co., Ltd.

     227,173         236,089   

Nippon Gas Co., Ltd.

     22,600         536,285   

San-Ai Oil Co., Ltd.

     64,916         451,533   

Sinanen Co., Ltd.

     43,771         177,167   
     

 

 

 
Total Oil, Gas & Consumable Fuels               2,739,450   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      105   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Paper & Forest Products – 0.5%      

Daiken Corp.

     93,560       $ 244,785   

Daio Paper Corp.(a)

     20,478         173,614   

Hokuetsu Kishu Paper Co., Ltd.(a)

     32,332         132,635   

Nippon Paper Industries Co., Ltd.(a)

     50,100         749,479   

Tokushu Tokai Paper Co., Ltd.

     84,000         198,332   
     

 

 

 
Total Paper & Forest Products               1,498,845   
Personal Products – 1.1%      

Dr. Ci:Labo Co., Ltd.

     11,900         389,453   

Kose Corp.

     35,404         1,504,012   

Mandom Corp.

     12,453         429,688   

Pola Orbis Holdings, Inc.(a)

     28,506         1,116,124   
     

 

 

 
Total Personal Products               3,439,277   
Pharmaceuticals – 2.9%      

Fuso Pharmaceutical Industries Ltd.

     47,911         142,385   

JCR Pharmaceuticals Co., Ltd.

     3,200         79,406   

Kaken Pharmaceutical Co., Ltd.(a)

     91,261         2,059,082   

KYORIN Holdings, Inc.(a)

     60,485         1,227,400   

Mochida Pharmaceutical Co., Ltd.

     13,511         911,449   

Nichi-iko Pharmaceutical Co., Ltd.

     32,100         518,832   

Nippon Shinyaku Co., Ltd.(a)

     28,000         847,441   

Rohto Pharmaceutical Co., Ltd.

     13,200         177,011   

Sawai Pharmaceutical Co., Ltd.(a)

     14,924         858,475   

Tsumura & Co.(a)

     61,600         1,374,130   

ZERIA Pharmaceutical Co., Ltd.(a)

     29,800         614,500   
     

 

 

 
Total Pharmaceuticals               8,810,111   
Professional Services – 1.1%      

en-japan, Inc.

     6,300         122,388   

Funai Soken Holdings, Inc.(a)

     20,200         186,357   

Meitec Corp.

     45,100         1,340,316   

Nihon M&A Center, Inc.

     10,216         296,622   

Nomura Co., Ltd.

     30,200         279,989   

Pasco Corp.

     41,000         158,102   

Temp Holdings Co., Ltd.

     21,800         663,768   

Yumeshin Holdings Co., Ltd.(a)

     37,700         291,097   
     

 

 

 
Total Professional Services               3,338,639   
Real Estate Management & Development – 1.7%      

Airport Facilities Co., Ltd.

     61,219         418,563   

Daibiru Corp.(a)

     49,300         565,830   

Daikyo, Inc.(a)

     454,000         848,443   

Heiwa Real Estate Co., Ltd.

     17,768         279,895   

Jowa Holdings Co., Ltd.(a)

     19,000         652,992   

Keihanshin Building Co., Ltd.

     62,000         336,861   

Relo Holdings, Inc.

     12,246         845,091   

Sumitomo Real Estate Sales Co., Ltd.

     21,300         490,486   

Sun Frontier Fudousan Co., Ltd.(a)

     10,800         123,462   

Takara Leben Co., Ltd.(a)

     65,600         243,993   

TOC Co., Ltd.

     39,900         257,889   
     

 

 

 
Total Real Estate Management & Development               5,063,505   
Road & Rail – 2.4%      

Fukuyama Transporting Co., Ltd.(a)

     147,059         733,318   

Hitachi Transport System Ltd.

     56,000         722,877   
Investments    Shares      Value  
     

Ichinen Holdings Co., Ltd.

     26,000       $ 216,163   

Maruzen Showa Unyu Co., Ltd.

     81,000         256,229   

Nankai Electric Railway Co., Ltd.

     149,000         684,589   

Nippon Konpo Unyu Soko Co., Ltd.

     57,560         964,449   

Nishi-Nippon Railroad Co., Ltd.

     152,000         573,663   

Sankyu, Inc.

     191,532         1,023,180   

Seino Holdings Co., Ltd.

     93,560         749,708   

Senko Co., Ltd.(a)

     110,156         479,005   

Sotetsu Holdings, Inc.(a)

     212,000         767,255   
     

 

 

 
Total Road & Rail               7,170,436   
Semiconductors & Semiconductor Equipment – 1.5%      

Advantest Corp.(a)

     92,400         1,191,062   

Dainippon Screen Manufacturing Co., Ltd.(a)

     68,000         345,905   

Disco Corp.(a)

     9,900         672,364   

MegaChips Corp.

     18,200         242,899   

Mimasu Semiconductor Industry Co., Ltd.

     17,227         154,375   

Mitsui High-Tec, Inc.

     20,800         134,817   

Nuflare Technology, Inc.

     6,600         329,113   

Sanken Electric Co., Ltd.

     50,000         419,800   

Shindengen Electric Manufacturing Co., Ltd.

     65,000         443,822   

Shinko Electric Industries Co., Ltd.(a)

     84,253         615,221   
     

 

 

 
Total Semiconductors & Semiconductor Equipment               4,549,378   
Software – 1.3%      

Broadleaf Co., Ltd.

     13,900         223,779   

Capcom Co., Ltd.(a)

     25,313         397,365   

DTS Corp.

     21,491         449,823   

Koei Tecmo Holdings Co., Ltd.

     52,000         839,054   

Marvelous, Inc.(a)

     5,000         58,070   

Miroku Jyoho Service Co., Ltd.

     23,800         129,311   

Square Enix Holdings Co., Ltd.(a)

     68,900         1,462,857   

Systena Corp.

     26,800         204,246   
     

 

 

 
Total Software               3,764,505   
Specialty Retail – 5.4%      

Alpen Co., Ltd.(a)

     29,621         455,812   

AOKI Holdings, Inc.

     55,454         637,978   

Aoyama Trading Co., Ltd.

     47,300         1,101,705   

Arcland Sakamoto Co., Ltd.(a)

     12,108         283,784   

Autobacs Seven Co., Ltd.(a)

     73,200         1,137,755   

Chiyoda Co., Ltd.

     25,491         515,188   

DCM Holdings Co., Ltd.

     116,145         796,217   

EDION Corp.(a)

     120,439         760,875   

Geo Holdings Corp.(a)

     79,000         680,569   

Gulliver International Co., Ltd.

     68,660         583,981   

Honeys Co., Ltd.(a)

     45,840         483,494   

Jin Co., Ltd.(a)

     9,000         242,609   

Joshin Denki Co., Ltd.

     30,000         268,289   

K’s Holdings Corp.(a)

     35,674         1,061,813   

Keiyo Co., Ltd.(a)

     76,920         349,206   

Kohnan Shoji Co., Ltd.(a)

     58,200         647,816   

Komeri Co., Ltd.(a)

     14,037         319,014   

 

See Notes to Financial Statements.

 

106   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Nishimatsuya Chain Co., Ltd.(a)

     49,100       $ 383,150   

Pal Co., Ltd.

     19,300         524,308   

Right On Co., Ltd.(a)

     51,500         335,211   

Sanrio Co., Ltd.(a)

     76,242         2,210,215   

Shimachu Co., Ltd.

     15,264         352,466   

T-Gaia Corp.

     74,000         708,328   

United Arrows Ltd.(a)

     14,129         522,294   

VT Holdings Co., Ltd.(a)

     28,500         102,106   

Xebio Co., Ltd.

     31,389         475,864   

Yellow Hat Ltd.

     14,100         309,777   
     

 

 

 
Total Specialty Retail               16,249,824   
Technology Hardware, Storage & Peripherals – 0.9%      

Elecom Co., Ltd.

     3,000         67,606   

Melco Holdings, Inc.

     4,362         83,347   

Riso Kagaku Corp.(a)

     20,496         663,301   

Roland DG Corp.

     7,400         305,255   

Toshiba TEC Corp.

     154,655         1,001,003   

Wacom Co., Ltd.(a)

     155,411         671,542   
     

 

 

 
Total Technology Hardware, Storage & Peripherals               2,792,054   
Textiles, Apparel & Luxury Goods – 2.0%      

Daidoh Ltd.(a)

     52,000         259,301   

Descente Ltd.

     42,153         363,908   

Fujibo Holdings, Inc.

     57,000         167,318   

Gunze Ltd.

     138,834         389,816   

Japan Vilene Co., Ltd.

     54,000         297,826   

Japan Wool Textile Co., Ltd. (The)

     47,025         324,946   

Kurabo Industries Ltd.

     161,766         274,292   

Onward Holdings Co., Ltd.(a)

     189,433         1,182,931   

Seiko Holdings Corp.(a)

     80,000         350,062   

Seiren Co., Ltd.(a)

     48,711         435,177   

TSI Holdings Co., Ltd.

     69,900         490,023   

Wacoal Holdings Corp.

     119,000         1,158,594   

Yondoshi Holdings, Inc.

     14,600         292,413   
     

 

 

 
Total Textiles, Apparel & Luxury Goods               5,986,607   
Trading Companies & Distributors – 3.5%      

Daiichi Jitsugyo Co., Ltd.

     44,000         246,283   

Emori Group Holdings Co., Ltd.

     7,400         134,515   

Hanwa Co., Ltd.

     97,114         362,977   

Inaba Denki Sangyo Co., Ltd.

     32,794         1,103,148   

Inabata & Co., Ltd.

     69,341         698,499   

Iwatani Corp.(a)

     40,166         278,282   

Japan Pulp & Paper Co., Ltd.

     83,578         251,431   

Kamei Corp.

     36,700         266,647   

Kanamoto Co., Ltd.

     10,628         392,392   

Kanematsu Corp.

     75,000         120,334   

Kuroda Electric Co., Ltd.(a)

     26,565         389,170   

MISUMI Group, Inc.

     27,300         823,766   

MonotaRO Co., Ltd.(a)

     3,600         90,152   

Nagase & Co., Ltd.

     74,204         901,718   

Nippon Steel & Sumikin Bussan Corp.

     138,000         532,148   

Onoken Co., Ltd.

     15,500         174,365   
Investments    Shares      Value  
     

Seika Corp.

     87,000       $ 212,553   

Shinsho Corp.

     115,000         285,154   

Sojitz Corp.

     1,028,100         1,612,044   

Trusco Nakayama Corp.(a)

     22,100         571,564   

Wakita & Co., Ltd.

     14,000         148,174   

Yamazen Corp.

     81,906         641,390   

Yuasa Trading Co., Ltd.

     21,200         411,071   
     

 

 

 
Total Trading Companies & Distributors               10,647,777   
Transportation Infrastructure – 0.6%      

Japan Airport Terminal Co., Ltd.(a)

     20,500         822,280   

Nissin Corp.

     80,000         210,037   

Sumitomo Warehouse Co., Ltd. (The)(a)

     129,538         683,737   
     

 

 

 
Total Transportation Infrastructure               1,716,054   
TOTAL COMMON STOCKS
(Cost: $273,181,189)
              298,278,731   
EXCHANGE-TRADED FUNDS – 0.1%      
United States – 0.1%      

WisdomTree Japan Hedged Equity Fund(a)(b)

     
(Cost: $176,442)      3,601         188,404   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 28.8%      
United States – 28.8%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(c)

     
(Cost: $86,682,276)(d)      86,682,276         86,682,276   
TOTAL INVESTMENTS IN SECURITIES –128.1%
(Cost: $360,039,907)
        385,149,411   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (28.1)%

        (84,436,481
     

 

 

 
NET ASSETS – 100.0%             $ 300,712,930   
(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

Affiliated company (See Note 7).

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(d) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $82,394,994 and the total market value of the collateral held by the Fund was $86,794,030. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $111,754.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      107   


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Korea Hedged Equity Fund (DXKW)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 99.7%      
South Korea – 99.7%      
Aerospace & Defense – 0.7%      

Korea Aerospace Industries Ltd.

     1,554       $ 60,010   
Air Freight & Logistics – 4.4%      

Hyundai Glovis Co., Ltd.

     1,261         384,783   
Airlines – 2.0%      

Korean Air Lines Co., Ltd.*

     5,119         174,636   
Auto Components – 8.6%      

Halla Visteon Climate Control Corp.

     3,588         174,087   

Hyundai Mobis Co., Ltd.

     1,479         360,202   

Kumho Tire Co., Inc.*

     6,733         68,590   

Mando Corp.

     518         67,250   

Nexen Tire Corp.

     6,875         89,908   
     

 

 

 
Total Auto Components               760,037   
Automobiles – 8.5%      

Hyundai Motor Co.

     1,946         351,303   

Kia Motors Corp.

     7,871         400,543   
     

 

 

 
Total Automobiles               751,846   
Building Products – 0.5%      

LG Hausys Ltd.

     223         44,167   
Chemicals – 8.9%      

Kumho Petrochemical Co., Ltd.

     473         31,421   

LG Chem Ltd.

     1,845         446,716   

Lotte Chemical Corp.

     1,828         243,387   

OCI Co., Ltd.*

     230         28,335   

SK Chemicals Co., Ltd.

     536         30,629   
     

 

 

 
Total Chemicals               780,488   
Construction & Engineering – 6.4%      

Daelim Industrial Co., Ltd.

     3,673         262,792   

Hyundai Engineering & Construction Co., Ltd.

     4,763         272,171   

KEPCO Engineering & Construction Co., Inc.

     409         25,116   
     

 

 

 
Total Construction & Engineering               560,079   
Diversified Financial Services – 0.8%      

Hankook Tire Worldwide Co., Ltd.

     3,586         71,363   
Electrical Equipment – 1.3%      

Doosan Heavy Industries & Construction Co., Ltd.

     416         10,269   

LS Corp.

     665         42,096   

LS Industrial Systems Co., Ltd.

     1,113         61,913   
     

 

 

 
Total Electrical Equipment               114,278   
Electronic Equipment, Instruments & Components – 4.6%      

LG Display Co., Ltd.*

     3,479         112,093   

Samsung Electro-Mechanics Co., Ltd.

     5,014         235,198   

Samsung SDI Co., Ltd.

     488         56,650   
     

 

 

 
Total Electronic Equipment, Instruments & Components               403,941   
Food Products – 3.3%      

CJ CheilJedang Corp.

     586         215,186   

Daesang Corp.

     1,486         72,663   
     

 

 

 
Total Food Products               287,849   
Investments    Shares      Value  
     
Industrial Conglomerates – 4.0%      

SK Holdings Co., Ltd.

     1,954       $ 349,044   
Machinery – 2.1%      

Hyundai Heavy Industries Co., Ltd.

     1,399         182,291   
Media – 0.5%      

Cheil Worldwide, Inc.*

     2,018         42,741   
Metals & Mining – 10.9%      

Hyundai Steel Co.

     6,715         472,166   

POSCO

     1,568         488,119   
     

 

 

 
Total Metals & Mining               960,285   
Oil, Gas & Consumable Fuels – 3.5%      

S-Oil Corp.

     3,997         162,115   

SK Innovation Co., Ltd.

     1,912         146,944   
     

 

 

 
Total Oil, Gas & Consumable Fuels               309,059   
Pharmaceuticals – 1.9%      

Celltrion, Inc.*

     3,539         164,164   
Semiconductors & Semiconductor
Equipment – 6.1%
     

SK Hynix, Inc.*

     12,141         537,874   
Software – 0.8%      

NCSoft Corp.

     580         73,926   
Technology Hardware, Storage & Peripherals – 10.0%      

Samsung Electronics Co., Ltd.

     786         881,899   
Textiles, Apparel & Luxury Goods – 0.6%      

Youngone Corp.

     971         56,222   
Tobacco – 5.7%      

KT&G Corp.

     5,559         497,821   
Trading Companies & Distributors – 3.6%      

Daewoo International Corp.

     916         32,595   

iMarketKorea, Inc.

     834         25,133   

LG International Corp.

     4,875         118,728   

Samsung C&T Corp.

     1,975         141,492   
     

 

 

 
Total Trading Companies & Distributors               317,948   

TOTAL INVESTMENTS IN SECURITIES – 99.7%

(Cost: $8,984,484)

        8,766,751   

Cash and Other Assets in Excess of Liabilities – 0.3%

        30,601   
     

 

 

 
NET ASSETS – 100.0%             $ 8,797,352   
* 

Non-income producing security.

 

 

Security is being fair valued by a valuation committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $67,250, which represents 0.8% of net assets.

 

See Notes to Financial Statements.

 

108   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited)

WisdomTree United Kingdom Hedged Equity Fund (DXPS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 99.3%      
United Kingdom – 99.3%      
Aerospace & Defense – 3.0%      

BAE Systems PLC

     46,172       $ 352,926   

Cobham PLC

     10,114         47,730   

Meggitt PLC

     5,478         40,069   

QinetiQ Group PLC

     4,250         15,468   

Rolls-Royce Holdings PLC*

     10,123         158,283   

Senior PLC

     3,095         13,457   

Ultra Electronics Holdings PLC

     683         19,609   
     

 

 

 
Total Aerospace & Defense               647,542   
Airlines – 0.3%      

easyJet PLC(a)

     2,376         54,812   
Auto Components – 0.3%      

GKN PLC

     10,823         56,006   
Banks – 9.2%      

Barclays PLC

     124,933         460,666   

HSBC Holdings PLC

     98,120         995,920   

Standard Chartered PLC

     27,925         516,312   
     

 

 

 
Total Banks               1,972,898   
Beverages – 2.7%      

Britvic PLC

     2,155         23,337   

Diageo PLC

     18,889         546,601   

SABMiller PLC

     162         9,003   
     

 

 

 
Total Beverages               578,941   
Biotechnology – 0.1%      

Abcam PLC

     1,261         8,223   

Genus PLC

     328         6,009   
     

 

 

 
Total Biotechnology               14,232   
Building Products – 0.0%      

James Halstead PLC

     1,763         8,267   
Capital Markets – 1.7%      

Aberdeen Asset Management PLC

     14,212         92,274   

ICAP PLC

     11,118         69,807   

Investec PLC

     6,651         56,068   

Man Group PLC

     25,457         49,028   

Schroders PLC

     1,702         65,973   

Schroders PLC Non-Voting Shares

     418         12,841   

Tullett Prebon PLC

     4,099         17,809   
     

 

 

 
Total Capital Markets               363,800   
Chemicals – 0.7%      

Alent PLC

     1,288         6,851   

Croda International PLC

     1,100         36,610   

Elementis PLC

     2,841         11,767   

Essentra PLC

     1,364         17,635   

Johnson Matthey PLC

     1,082         51,202   

Synthomer PLC

     2,790         9,589   

Victrex PLC

     521         13,565   
     

 

 

 
Total Chemicals               147,219   
Investments    Shares      Value  
     
Commercial Services & Supplies – 0.9%      

Aggreko PLC

     1,045       $ 26,224   

Berendsen PLC

     1,621         25,753   

De La Rue PLC

     1,684         13,022   

G4S PLC

     15,880         64,540   

Homeserve PLC

     2,615         13,553   

Rentokil Initial PLC

     12,242         23,379   

RPS Group PLC

     2,188         9,258   

Serco Group PLC

     3,612         16,753   
     

 

 

 
Total Commercial Services & Supplies               192,482   
Communications Equipment – 0.1%      

Pace PLC

     1,126         5,441   

Spirent Communications PLC

     4,392         7,448   
     

 

 

 
Total Communications Equipment               12,889   
Construction & Engineering – 0.4%      

Balfour Beatty PLC

     10,778         32,954   

Carillion PLC

     7,695         37,998   

Keller Group PLC

     594         8,474   
     

 

 

 
Total Construction & Engineering               79,426   
Containers & Packaging – 0.5%      

DS Smith PLC

     7,125         30,759   

Rexam PLC

     7,917         63,121   

RPC Group PLC

     1,700         15,406   
     

 

 

 
Total Containers & Packaging               109,286   
Distributors – 0.2%      

Inchcape PLC

     3,813         39,808   
Diversified Financial Services – 0.4%      

IG Group Holdings PLC

     5,146         49,596   

London Stock Exchange Group PLC

     1,496         45,303   
     

 

 

 
Total Diversified Financial Services               94,899   
Diversified Telecommunication Services – 2.0%      

BT Group PLC

     57,142         351,645   

Cable & Wireless Communications PLC

     39,069         29,705   

Inmarsat PLC

     5,119         58,174   
     

 

 

 
Total Diversified Telecommunication Services               439,524   
Electrical Equipment – 0.0%      

HellermannTyton Group PLC

     719         3,611   
Electronic Equipment, Instruments &
Components – 0.6%
     

Domino Printing Sciences PLC

     1,058         10,480   

Electrocomponents PLC

     6,530         23,607   

Halma PLC

     2,096         20,795   

Laird PLC

     2,492         12,512   

Oxford Instruments PLC

     215         3,555   

Premier Farnell PLC

     5,869         17,316   

Renishaw PLC

     374         9,883   

Spectris PLC

     692         20,283   
     

 

 

 
Total Electronic Equipment, Instruments & Components               118,431   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      109   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree United Kingdom Hedged Equity Fund (DXPS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Energy Equipment & Services – 0.4%      

AMEC PLC

     3,133       $ 56,073   

Hunting PLC

     936         13,543   

John Wood Group PLC

     1,708         21,030   
     

 

 

 
Total Energy Equipment & Services               90,646   
Food & Staples Retailing – 1.7%      

Tesco PLC

     118,361         357,282   
Food Products – 3.3%      

Associated British Foods PLC

     2,613         113,484   

Tate & Lyle PLC

     5,448         52,241   

Unilever PLC

     12,794         536,155   
     

 

 

 
Total Food Products               701,880   
Health Care Equipment & Supplies – 0.3%      

Smith & Nephew PLC

     3,953         66,647   
Health Care Providers & Services – 0.0%      

Al Noor Hospitals Group PLC

     131         2,162   

NMC Health PLC

     294         2,274   

Synergy Health PLC

     99         2,351   
     

 

 

 
Total Health Care Providers & Services               6,787   
Hotels, Restaurants & Leisure – 2.1%      

Betfair Group PLC

     408         7,725   

Carnival PLC

     1,552         61,995   

Compass Group PLC

     12,780         206,458   

InterContinental Hotels Group PLC

     1,355         52,259   

Ladbrokes PLC

     14,774         30,992   

Millennium & Copthorne Hotels PLC

     2,244         20,754   

TUI Travel PLC

     11,326         71,443   
     

 

 

 
Total Hotels, Restaurants & Leisure               451,626   
Household Products – 2.4%      

PZ Cussons PLC

     2,733         16,203   

Reckitt Benckiser Group PLC

     5,690         493,502   
     

 

 

 
Total Household Products               509,705   
Industrial Conglomerates – 0.3%      

Smiths Group PLC

     3,103         63,585   
Insurance – 5.2%      

Amlin PLC

     9,387         66,045   

Aviva PLC

     25,811         219,051   

Jardine Lloyd Thompson Group PLC

     2,032         32,052   

Old Mutual PLC

     62,497         184,093   

Prudential PLC

     19,047         424,882   

Standard Life PLC

     29,561         198,592   
     

 

 

 
Total Insurance               1,124,715   
Internet Software & Services – 0.0%      

Telecity Group PLC

     632         7,664   
IT Services – 0.0%      

Computacenter PLC

     1,011         10,326   
Machinery – 1.0%      

Bodycote PLC

     1,347         14,598   

Fenner PLC

     2,188         11,265   

IMI PLC

     1,294         25,802   

Melrose Industries PLC

     6,903         27,720   
Investments    Shares      Value  
     

Morgan Advanced Materials PLC

     3,500       $ 16,840   

Rotork PLC

     590         26,447   

Spirax-Sarco Engineering PLC

     543         24,877   

Vesuvius PLC

     2,886         21,138   

Weir Group PLC (The)

     1,049         42,549   
     

 

 

 
Total Machinery               211,236   
Media – 1.8%      

Daily Mail & General Trust PLC Class A Non-Voting Shares(a)

     2,433         30,213   

Euromoney Institutional Investor PLC

     421         6,927   

Pearson PLC

     10,215         205,345   

Reed Elsevier PLC

     9,472         151,713   
     

 

 

 
Total Media               394,198   
Metals & Mining – 9.9%      

African Barrick Gold PLC

     2,158         7,655   

Anglo American PLC

     14,468         324,615   

Antofagasta PLC

     19,507         228,007   

BHP Billiton PLC

     23,336         648,804   

Evraz PLC

     15,303         32,251   

Ferrexpo PLC

     5,578         10,155   

Fresnillo PLC

     1,725         21,253   

Rio Tinto PLC

     16,351         803,573   

Vedanta Resources PLC

     2,453         39,707   
     

 

 

 
Total Metals & Mining               2,116,020   
Multi-Utilities – 5.7%      

Centrica PLC

     79,643         397,411   

National Grid PLC

     56,727         816,631   
     

 

 

 
Total Multi-Utilities               1,214,042   
Oil, Gas & Consumable Fuels – 16.3%      

BG Group PLC

     14,509         268,142   

BP PLC

     134,830         991,150   

James Fisher & Sons PLC

     103         2,214   

Premier Oil PLC

     1,862         10,052   

Royal Dutch Shell PLC Class A

     29,015         1,109,384   

Royal Dutch Shell PLC Class B

     27,317         1,079,224   

Tullow Oil PLC

     3,368         35,190   
     

 

 

 
Total Oil, Gas & Consumable Fuels               3,495,356   
Paper & Forest Products – 0.2%      

Mondi PLC

     3,083         50,530   
Pharmaceuticals – 9.4%      

AstraZeneca PLC

     14,263         1,026,984   

Dechra Pharmaceuticals PLC

     539         6,624   

GlaxoSmithKline PLC

     42,644         976,840   

Hikma Pharmaceuticals PLC

     616         17,306   
     

 

 

 
Total Pharmaceuticals               2,027,754   
Professional Services – 0.4%      

Hays PLC

     10,469         19,738   

Intertek Group PLC

     582         24,729   

Michael Page International PLC

     3,012         20,440   

WS Atkins PLC

     844         18,020   
     

 

 

 
Total Professional Services               82,927   

 

See Notes to Financial Statements.

 

110   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree United Kingdom Hedged Equity Fund (DXPS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Real Estate Investment Trusts (REITs) – 0.6%      

Hammerson PLC

     7,057       $ 65,725   

Segro PLC

     9,140         53,802   
     

 

 

 
Total Real Estate Investment Trusts (REITs)               119,527   
Real Estate Management & Development – 0.1%      

Savills PLC

     1,080         10,706   
Road & Rail – 0.1%      

National Express Group PLC

     6,103         23,498   

Northgate PLC

     461         3,616   
     

 

 

 
Total Road & Rail               27,114   
Semiconductors & Semiconductor
Equipment – 0.2%
     

ARM Holdings PLC

     2,265         33,267   

CSR PLC

     769         9,450   
     

 

 

 
Total Semiconductors & Semiconductor Equipment               42,717   
Software – 0.4%      

Aveva Group PLC

     250         6,237   

Fidessa Group PLC

     103         3,826   

Micro Focus International PLC

     1,395         23,972   

Sage Group PLC (The)

     10,167         60,226   
     

 

 

 
Total Software               94,261   
Specialty Retail – 0.5%      

Dixons Carphone PLC

     2,569         15,256   

Kingfisher PLC

     18,917         99,331   
     

 

 

 
Total Specialty Retail               114,587   
Technology Hardware, Storage &
Peripherals – 0.0%
     

Xaar PLC

     243         1,481   
Textiles, Apparel & Luxury Goods – 0.3%      

Burberry Group PLC

     2,622         64,227   

Ted Baker PLC

     172         5,195   
     

 

 

 
Total Textiles, Apparel & Luxury Goods               69,422   
Tobacco – 7.6%      

British American Tobacco PLC

     19,318         1,090,471   

Imperial Tobacco Group PLC

     12,795         552,583   
     

 

 

 
Total Tobacco               1,643,054   
Trading Companies & Distributors – 0.5%      

Ashtead Group PLC

     1,162         19,648   

Brammer PLC

     749         4,565   

Bunzl PLC

     2,018         52,671   

Diploma PLC

     1,006         11,245   

SIG PLC

     4,777         12,902   
     

 

 

 
Total Trading Companies & Distributors               101,031   
Transportation Infrastructure – 0.1%      

BBA Aviation PLC

     4,646         24,479   
Wireless Telecommunication Services – 5.4%      

Vodafone Group PLC

     349,553         1,158,290   

TOTAL COMMON STOCKS

(Cost: $21,833,235)

              21,323,668   
Investments    Shares      Value  
     
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.4%      
United States – 0.4%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(b)

     
(Cost: $77,792)(c)      77,792       $ 77,792   

TOTAL INVESTMENTS IN SECURITIES – 99.7%

(Cost: $21,911,027)

        21,401,460   

Cash, Foreign Currency and Other Assets in Excess of Liabilities – 0.3%

        76,703   
     

 

 

 
NET ASSETS – 100.0%             $ 21,478,163   
* 

Non-income producing security.

 

(a)

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b)

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(c)

At September 30, 2014, the total market value of the Fund’s securities on loan was $74,036 and the total market value of the collateral held by the Fund was $77,792.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      111   


Table of Contents

Statements of Assets and Liabilities (unaudited)

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

September 30, 2014

 

  

 

 

     

WisdomTree

Australia

Dividend Fund

    

WisdomTree

DEFA Equity

Income Fund

    

WisdomTree

DEFA Fund

    

WisdomTree

Europe
Dividend

Growth Fund

    

WisdomTree

Europe
Hedged Equity
Fund

 

ASSETS:

              

Investments, at cost

   $ 54,427,452       $ 323,580,875       $ 549,101,461       $ 15,256,229       $ 3,121,284,802   

Investment in affiliates, at cost (Note 7)

                     94,453                   

Foreign currency, at cost

     83,402         163,782         90,031         4,799         824,287   

Investments in securities, at value (including securities on loan) (Note 2)1

     55,146,134         354,866,760         628,321,544         14,175,624         3,036,658,997   

Investment in affiliates, at value (Note 7)

                     100,620                   

Cash

     19,747         218,871         340,925         3,128         6,989,945   

Foreign currency, at value

     83,349         162,879         88,851         4,784         795,177   

Unrealized appreciation on forward foreign currency contracts

                             11         106,494,036   

Receivables:

              

Capital shares sold

                                     80,292,475   

Dividends and interest

     521,290         1,178,745         1,901,388         12,152         1,539,005   

Investment securities sold

     2,781,070                                   

Foreign tax reclaims

             318,441         854,353         2,973         429,583   

Total Assets

     58,551,590         356,745,696         631,607,681         14,198,672         3,233,199,218   

LIABILITIES:

              

Unrealized depreciation on forward foreign currency contracts

     31                                 60,238   

Payables:

              

Investment of cash collateral for securities loaned (Note 2)

     7,903,317         29,467,032         52,509,678         148,542         114,700,199   

Investment securities purchased

     188,118         370,922         21,878                 184,723,082   

Capital shares redeemed

     2,787,134                                   

Advisory fees (Note 3)

     26,077         161,780         235,513         6,883         1,236,767   

Service fees (Note 2)

     198         1,228         2,162         52         9,382   

Total Liabilities

     10,904,875         30,000,962         52,769,231         155,477         300,729,668   

NET ASSETS

   $ 47,646,715       $ 326,744,734       $ 578,838,450       $ 14,043,195       $ 2,932,469,550   

NET ASSETS:

              

Paid-in capital

   $ 67,189,635       $ 386,554,498       $ 744,577,919       $ 15,116,271       $ 2,859,192,431   

Undistributed net investment income

     105,429         625,692         1,079,972         12,848         686,728   

Accumulated net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions

     (20,337,339      (91,675,234      (245,978,782      (4,731      50,847,827   

Net unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     688,990         31,239,778         79,159,341         (1,081,193      21,742,564   

NET ASSETS

   $ 47,646,715       $ 326,744,734       $ 578,838,450       $ 14,043,195       $ 2,932,469,550   

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     850,000         7,200,000         11,100,000         600,000         50,650,000   

Net asset value per share

   $ 56.05       $ 45.38       $ 52.15       $ 23.41       $ 57.90   
1 

Market value of securities out on loan were as follows: $7,506,905, $28,462,867, $50,611,957, $161,547 and $123,660,134, respectively.

 

See Notes to Financial Statements.

 

112   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Statements of Assets and Liabilities (unaudited) (continued)

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

September 30, 2014

 

  

 

 

 

     

WisdomTree
Europe SmallCap

Dividend Fund

    

WisdomTree

Germany
Hedged Equity
Fund

    

WisdomTree

International

Dividend

ex-Financials

Fund

    

WisdomTree

International

Hedged Dividend

Growth Fund

    

WisdomTree

International

LargeCap

Dividend Fund

 

ASSETS:

              

Investments, at cost

   $ 1,262,341,224       $ 15,572,738       $ 397,773,235       $ 8,130,313       $ 318,869,882   

Investment in affiliates, at cost (Note 7)

     4,928                 2,129,471                 517,900   

Foreign currency, at cost

     20,152         31,542         366,326         8,361         199,597   

Investments in securities, at value (including securities on loan) (Note 2)1

     1,112,784,881         14,613,880         417,654,042         7,627,448         360,590,611   

Investment in affiliates, at value (Note 7)

     4,756                 2,013,188                 496,331   

Cash

     98,274         24,133         2,424         37,382         6,979   

Foreign currency, at value

     20,072         30,976         359,068         8,255         199,035   

Unrealized appreciation on forward foreign currency contracts

             527,296         20         253,627         68   

Receivables:

              

Investment securities sold

     36,947,941                                   

Dividends and interest

     1,865,422         68         1,018,328         17,170         974,241   

Foreign tax reclaims

     467,365         6,185         425,983         471         469,687   

Total Assets

     1,152,188,711         15,202,538         421,473,053         7,944,353         362,736,952   

LIABILITIES:

              

Unrealized depreciation on forward foreign currency contracts

             1,243         30         3,617           

Payables:

              

Investment of cash collateral for securities loaned (Note 2)

     118,811,622         228,562         27,847,700         239,866         22,877,995   

Investment securities purchased

             503,419                 224,803         340,415   

Capital shares redeemed

     36,936,108                                   

Advisory fees (Note 3)

     537,240         4,973         192,512         3,143         137,756   

Service fees (Note 2)

     4,076         47         1,473         24         1,265   

Total Liabilities

     156,289,046         738,244         28,041,715         471,453         23,357,431   

NET ASSETS

   $ 995,899,665       $ 14,464,294       $ 393,431,338       $ 7,472,900       $ 339,379,521   

NET ASSETS:

              

Paid-in capital

   $ 1,104,669,778       $ 14,467,288       $ 517,729,097       $ 7,604,826       $ 361,940,701   

Undistributed (Distributions in excess of) net investment income

     (187,407      31,312         736,389         10,505         574,579   

Accumulated net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions

     41,028,091         399,654         (144,748,569      110,952         (64,794,845

Net unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     (149,610,797      (433,960      19,714,421         (253,383      41,659,086   

NET ASSETS

   $ 995,899,665       $ 14,464,294       $ 393,431,338       $ 7,472,900       $ 339,379,521   

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     18,900,000         550,000         8,400,000         300,000         6,800,000   

Net asset value per share

   $ 52.69       $ 26.30       $ 46.84       $ 24.91       $ 49.91   
1 

Market value of securities out on loan were as follows: $112,879,373, $217,577, $26,609,858, $229,411 and $21,792,759, respectively.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      113   


Table of Contents

Statements of Assets and Liabilities (unaudited) (continued)

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

September 30, 2014

 

  

 

 

 

     

WisdomTree

International

MidCap

Dividend Fund

    

WisdomTree

International

SmallCap

Dividend Fund

    

WisdomTree

Japan Hedged

Capital Goods

Fund

    

WisdomTree

Japan Hedged

Equity Fund

    

WisdomTree
Japan Hedged

Financials

Fund

 

ASSETS:

              

Investments, at cost

   $ 158,876,920       $ 1,053,060,359       $ 3,500,544       $ 11,690,366,455       $ 9,278,756   

Investment in affiliates, at cost (Note 7)

     8,538         134,538                           

Foreign currency, at cost

     63,053         113,474         1,936         1,162,708         6,457   

Investments in securities, at value (including securities on loan) (Note 2)1

     179,522,497         1,107,175,293         3,567,658         11,915,951,188         9,203,153   

Investment in affiliates, at value (Note 7)

     8,745         134,266                           

Cash

     4,566         1,090,021         4,588         9,116,513         19,445   

Foreign currency, at value

     63,067         112,411         1,930         1,150,280         6,399   

Unrealized appreciation on forward foreign currency contracts

                     207,517         542,845,189         369,059   

Receivables:

              

Dividends and interest

     588,875         5,168,831         15,440         85,979,364         53,385   

Capital shares sold

                             78,791,640           

Foreign tax reclaims

     121,995         414,136         30         6,953,659         29   

Total Assets

     180,309,745         1,114,094,958         3,797,163         12,640,787,833         9,651,470   

LIABILITIES:

              

Unrealized depreciation on forward foreign currency contracts

                     10,872         2,789,697         229   

Payables:

              

Investment of cash collateral for securities loaned (Note 2)

     35,441,898         182,833,361         820,698         1,222,890,117         1,464,035   

Investment securities purchased

                     177,084         547,158,090         334,576   

Advisory fees (Note 3)

     71,104         463,062         1,352         4,141,797         2,584   

Service fees (Note 2)

     543         3,518         14         37,966         26   

Total Liabilities

     35,513,545         183,299,941         1,010,020         1,777,017,667         1,801,450   

NET ASSETS

   $ 144,796,200       $ 930,795,017       $ 2,787,143       $ 10,863,770,166       $ 7,850,020   

NET ASSETS:

              

Paid-in capital

   $ 207,398,735       $ 1,036,347,240       $ 2,376,845       $ 9,557,345,126       $ 7,429,858   

Undistributed net investment income

     312,237         2,448,176         12,166         81,470,011         43,222   

Accumulated net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions

     (83,542,371      (161,978,543      134,518         460,305,503         84,250   

Net unrealized appreciation on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     20,627,599         53,978,144         263,614         764,649,526         292,690   

NET ASSETS

   $ 144,796,200       $ 930,795,017       $ 2,787,143       $ 10,863,770,166       $ 7,850,020   

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     2,550,000         15,750,000         100,000         208,050,000         300,000   

Net asset value per share

   $ 56.78       $ 59.10       $ 27.87       $ 52.22       $ 26.17   
1 

Market value of securities out on loan were as follows: $34,957,976, $173,875,228, $780,223, $1,162,249,323 and $1,385,462, respectively.

 

See Notes to Financial Statements.

 

114   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Statements of Assets and Liabilities (unaudited) (continued)

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

September 30, 2014

 

  

 

 

 

     

WisdomTree

Japan Hedged

Health Care

Fund

    

WisdomTree

Japan Hedged

Real Estate

Fund

    

WisdomTree

Japan Hedged

SmallCap

Equity Fund

    

WisdomTree

Japan Hedged

Tech, Media

and Telecom

Fund

    

WisdomTree

Japan SmallCap

Dividend Fund

 

ASSETS:

              

Investments, at cost

   $ 1,771,398       $ 25,701,220       $ 107,931,770       $ 3,456,703       $ 359,863,465   

Investment in affiliates, at cost (Note 7)

                                     176,442   

Foreign currency, at cost

     506         9,356         73,923         524         681,381   

Investments in securities, at value (including securities on loan) (Note 2)1

     1,840,820         25,030,746         108,727,221         3,483,647         384,961,007   

Investment in affiliates, at value (Note 7)

                                     188,404   

Cash

     185         4,215         13,281         1,434         74,762   

Foreign currency, at value

     504         9,325         73,888         522         679,447   

Unrealized appreciation on forward foreign currency contracts

     148,173         1,072,717         4,766,154         205,969         6   

Receivables:

              

Investment securities sold

                                     4,039,337   

Dividends and interest

     10,828         100,980         567,429         12,650         2,006,439   

Foreign tax reclaims

     29         3,214         41,154         29         168,704   

Total Assets

     2,000,539         26,221,197         114,189,127         3,704,251         392,118,106   

LIABILITIES:

              

Unrealized depreciation on forward foreign currency contracts

     11,650         590         33,310         10,902           

Payables:

              

Investment of cash collateral for securities loaned (Note 2)

     443,976         5,109,186         21,759,510         806,820         86,682,276   

Investment securities purchased

     125,460         915,003         4,117,556         174,773         4,576,419   

Advisory fees (Note 3)

     904         7,083         42,767         1,343         145,377   

Service fees (Note 2)

     9         72         324         14         1,104   

Total Liabilities

     581,999         6,031,934         25,953,467         993,852         91,405,176   

NET ASSETS

   $ 1,418,540       $ 20,189,263       $ 88,235,660       $ 2,710,399       $ 300,712,930   

NET ASSETS:

              

Paid-in capital

   $ 1,060,465       $ 19,355,256       $ 81,347,308       $ 2,339,072       $ 307,956,920   

Undistributed net investment income

     7,229         110,119         425,466         11,065         1,268,863   

Accumulated net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions

     145,015         324,941         942,964         138,370         (33,588,974

Net unrealized appreciation on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     205,831         398,947         5,519,922         221,892         25,076,121   

NET ASSETS

   $ 1,418,540       $ 20,189,263       $ 88,235,660       $ 2,710,399       $ 300,712,930   

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     50,000         750,000         2,800,000         100,000         5,850,000   

Net asset value per share

   $ 28.37       $ 26.92       $ 31.51       $ 27.10       $ 51.40   
1 

Market value of securities out on loan were as follows: $422,413, $4,858,710, $20,656,152, $767,265 and $82,394,994, respectively.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      115   


Table of Contents

Statements of Assets and Liabilities (unaudited) (concluded)

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

September 30, 2014

 

  

 

 

 

     

WisdomTree

Korea Hedged

Equity Fund

    

WisdomTree

United Kingdom

Hedged Equity

Fund

 

ASSETS:

     

Investments, at cost

   $ 8,984,484       $ 21,911,027   

Foreign currency, at cost

             15,935   

Investments in securities, at value (including securities on loan) (Note 2)1

     8,766,751         21,401,460   

Cash

     681         1,293   

Foreign currency, at value

             15,894   

Unrealized appreciation on forward foreign currency contracts

     354,549         527,895   

Receivables:

     

Dividends and interest

     97         63,591   

Foreign tax reclaims

     39         80   

Total Assets

     9,122,117         22,010,213   

LIABILITIES:

     

Unrealized depreciation on forward foreign currency contracts

     2,656         1,450   

Payables:

     

Investment of cash collateral for securities loaned (Note 2)

             77,792   

Investment securities purchased

     317,765         443,963   

Advisory fees (Note 3)

     4,311         8,765   

Service fees (Note 2)

     33         80   

Total Liabilities

     324,765         532,050   

NET ASSETS

   $ 8,797,352       $ 21,478,163   

NET ASSETS:

     

Paid-in capital

   $ 9,424,811       $ 23,458,455   

Undistributed (Distributions in excess of) net investment income

     (27,103      7,921   

Accumulated net realized loss on investments, forward foreign currency contracts and foreign currency related transactions

     (734,516      (2,003,873

Net unrealized appreciation on investments, forward foreign currency contracts and translation of assets and liabilities
denominated in foreign currencies

     134,160         15,660   

NET ASSETS

   $ 8,797,352       $ 21,478,163   

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     400,000         850,000   

Net asset value per share

   $ 21.99       $ 25.27   
1 

Market value of securities out on loan were as follows: $0 and $74,036, respectively.

 

See Notes to Financial Statements.

 

116   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Statements of Operations (unaudited)

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

For the Six Months or Period Ended September 30, 2014

 

  

 

 

    

WisdomTree

Australia

Dividend Fund

   

WisdomTree

DEFA Equity

Income Fund

   

WisdomTree

DEFA Fund

   

WisdomTree

Europe

Dividend

Growth Fund1

   

WisdomTree

Europe

Hedged Equity

Fund

 

INVESTMENT INCOME:

         

Dividends2

  $ 1,288,079      $ 9,249,659      $ 14,345,673      $ 108,563      $ 27,068,563   

Dividends from affiliates (Note 7)

           30,494        38,467                 

Securities lending income (Note 2)

    26,405        252,629        382,672        1,215        922,424   

Total investment income

    1,314,484        9,532,782        14,766,812        109,778        27,990,987   

EXPENSES:

         

Advisory fees (Note 3)

    161,849        952,024        1,435,179        29,703        5,302,926   

Service fees (Note 2)

    1,228        7,222        13,155        225        40,229   

Proxy fees (Note 2)

    3,159        10,237        20,131               31,254   

Total expenses

    166,236        969,483        1,468,465        29,928        5,374,409   

Expense waivers (Note 3)

           (1,346     (2,461              

Net expenses

    166,236        968,137        1,466,004        29,928        5,374,409   

Net investment income

    1,148,248        8,564,645        13,300,808        79,850        22,616,578   

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

         

Net realized gain (loss) from:

         

Investment transactions

    1,595,139        2,352,539        (1,482,106     (3,412     1,361,677   

Investment transactions in affiliates (Note 7)

           (43,598     (45,502              

In-kind redemptions

    373,692                             4,491,131   

Forward foreign currency contracts and foreign currency related transactions

    3,103        (35,004     (23,889     (1,319     89,286,144   

Net realized gain (loss)

    1,971,934        2,273,937        (1,551,497     (4,731     95,138,952   

Net change in unrealized appreciation (depreciation) from:

         

Investment transactions

    (6,707,223     (19,253,629     (24,080,682     (1,080,605     (175,588,589

Forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (44,666     (74,139     (131,523     (588     104,351,556   

Net change in unrealized appreciation (depreciation)

    (6,751,889     (19,327,768     (24,212,205     (1,081,193     (71,237,033

Net realized and unrealized gain (loss) on investments

    (4,779,955     (17,053,831     (25,763,702     (1,085,924     23,901,919   

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

  $ (3,631,707   $ (8,489,186   $ (12,462,894   $ (1,006,074   $ 46,518,497   
1 

For the period May 7, 2014 (commencement of operations) through September 30, 2014.

 

2 

Net of foreign withholding tax of $15,893, $791,313, $1,241,832, $14,399 and $3,411,461, respectively.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      117   


Table of Contents

Statements of Operations (unaudited) (continued)

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

For the Six Months or Period Ended September 30, 2014

 

  

 

 

    

WisdomTree

Europe SmallCap
Dividend Fund

   

WisdomTree
Germany

Hedged Equity

Fund

   

WisdomTree

International

Dividend

ex-Financials

Fund

   

WisdomTree

International

Hedged Dividend

Growth Fund1

   

WisdomTree

International

LargeCap

Dividend Fund

 

INVESTMENT INCOME:

         

Dividends2

  $ 35,874,087      $ 218,737      $ 10,413,238      $ 57,951      $ 8,264,308   

Dividends from affiliates (Note 7)

    67,259               75,582               18,250   

Securities lending income (Note 2)

    958,726        8,784        351,720        341        195,561   

Total investment income

    36,900,072        227,521        10,840,540        58,292        8,478,119   

EXPENSES:

         

Advisory fees (Note 3)

    4,352,847        26,560        1,148,781        12,691        826,288   

Service fees (Note 2)

    33,022        243        8,715        96        7,574   

Proxy fees (Note 2)

    42,881        402        14,634               11,652   

Total expenses

    4,428,750        27,205        1,172,130        12,787        845,514   

Expense waivers (Note 3)

    (4,327            (8,656            (1,787

Net expenses

    4,424,423        27,205        1,163,474        12,787        843,727   

Net investment income

    32,475,649        200,316        9,677,066        45,505        7,634,392   

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

         

Net realized gain (loss) from:

         

Investment transactions

    (38,533,832     24,800        24,246,207        (17,318     (1,165,297

Investment transactions in affiliates (Note 7)

    2,160               925               34,828   

In-kind redemptions

    97,813,135                               

In-kind redemptions in affiliates (Note 7)

    10,963                               

Forward foreign currency contracts and foreign currency related transactions

    (57,220     544,585        (48,717     128,270        (34,069

Net realized gain (loss)

    59,235,206        569,385        24,198,415        110,952        (1,164,538

Net change in unrealized appreciation (depreciation) from:

         

Investment transactions

    (293,699,401     (1,561,846     (46,063,604     (502,865     (11,689,967

Forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (59,087     505,194        (73,541     249,482        (72,741

Net change in unrealized appreciation (depreciation)

    (293,758,488     (1,056,652     (46,137,145     (253,383     (11,762,708

Net realized and unrealized loss on investments

    (234,523,282     (487,267     (21,938,730     (142,431     (12,927,246

NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS

  $ (202,047,633   $ (286,951   $ (12,261,664   $ (96,926   $ (5,292,854
1 

For the period May 7, 2014 (commencement of operations) through September 30, 2014.

 

2 

Net of foreign withholding tax of $4,708,970, $34,095, $1,059,634, $4,665 and $669,938, respectively.

 

See Notes to Financial Statements.

 

118   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Statements of Operations (unaudited) (continued)

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

For the Six Months or Period Ended September 30, 2014

 

  

 

 

    

WisdomTree

International

MidCap

Dividend Fund

   

WisdomTree

International

SmallCap

Dividend Fund

   

WisdomTree

Japan Hedged

Capital Goods

Fund1

   

WisdomTree

Japan Hedged

Equity Fund

   

WisdomTree

Japan Hedged

Financials

Fund1

 

INVESTMENT INCOME:

         

Dividends2

  $ 3,586,949      $ 21,173,959      $ 18,365      $ 106,315,402      $ 54,215   

Dividends from affiliates (Note 7)

    11,599        76,032                        

Securities lending income (Note 2)

    151,314        528,291        164        964,257        281   

Total investment income

    3,749,862        21,778,282        18,529        107,279,659        54,496   

EXPENSES:

         

Advisory fees (Note 3)

    434,687        2,813,353        7,032        25,131,485        12,458   

Service fees (Note 2)

    3,298        21,343        64        230,372        114   

Proxy fees (Note 2)

    6,658        35,872               413,911          

Total expenses

    444,643        2,870,568        7,096        25,775,768        12,572   

Expense waivers (Note 3)

    (2,077     (6,399     (733            (1,298

Net expenses

    442,566        2,864,169        6,363        25,775,768        11,274   

Net investment income

    3,307,296        18,914,113        12,166        81,503,891        43,222   

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

         

Net realized gain (loss) from:

         

Investment transactions

    3,887,439        (16,582,906     (1,452     (130,958,436     (19,204

Investment transactions in affiliates (Note 7)

    21,035        (141,751                     

In-kind redemptions

           61,769,693        80,196        207,897,625          

Forward foreign currency contracts and foreign currency related transactions

    (15,803     (81,011     55,774        188,205,061        103,454   

Net realized gain

    3,892,671        44,964,025        134,518        265,144,250        84,250   

Net change in unrealized appreciation (depreciation) from:

         

Investment transactions

    (12,183,657     (133,252,055     67,114        293,730,535        (75,603

Forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (26,464     (177,176     196,500        438,185,372        368,293   

Net change in unrealized appreciation (depreciation)

    (12,210,121     (133,429,231     263,614        731,915,907        292,690   

Net realized and unrealized gain (loss) on investments

    (8,317,450     (88,465,206     398,132        997,060,157        376,940   

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

  $ (5,010,154   $ (69,551,093   $ 410,298      $ 1,078,564,048      $ 420,162   
1 

For the period April 8, 2014 (commencement of operations) through September 30, 2014.

 

2 

Net of foreign withholding tax of $400,154, $1,788,325, $2,187, $11,770,965 and $6,024, respectively.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      119   


Table of Contents

Statements of Operations (unaudited) (continued)

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

For the Six Months or Period Ended September 30, 2014

 

  

 

 

    

WisdomTree

Japan Hedged

Health Care

Fund1

   

WisdomTree

Japan Hedged

Real Estate

Fund1

   

WisdomTree

Japan Hedged

SmallCap

Equity Fund

   

WisdomTree

Japan Hedged

Tech, Media

and Telecom

Fund1

   

WisdomTree

Japan SmallCap

Dividend Fund

 

INVESTMENT INCOME:

         

Dividends2

  $ 12,084      $ 134,779      $ 650,017      $ 15,858      $ 2,142,358   

Dividends from affiliates (Note 7)

                                6,404   

Securities lending income (Note 2)

    526        1,774        38,894        1,203        146,167   

Total investment income

    12,610        136,553        688,911        17,061        2,294,929   

EXPENSES:

         

Advisory fees (Note 3)

    5,945        29,209        240,772        6,625        864,596   

Service fees (Note 2)

    55        268        1,826        61        6,559   

Proxy fees (Note 2)

                  2,784               17,837   

Total expenses

    6,000        29,477        245,382        6,686        888,992   

Expense waivers (Note 3)

    (619     (3,043            (690     (1,472

Net expenses

    5,381        26,434        245,382        5,996        887,520   

Net investment income

    7,229        110,119        443,529        11,065        1,407,409   

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

         

Net realized gain (loss) from:

         

Investment transactions

    11,282        (9,794     (1,253,961     (2,893     (3,865,626

Investment transactions in affiliates (Note 7)

                                18,716   

In-kind redemptions

    110,101               857,248        93,220        4,986,606   

In-kind redemptions in affiliates (Note 7)

                                138   

Forward foreign currency contracts and foreign currency related transactions

    23,632        334,735        1,643,705        48,043        154,421   

Net realized gain

    145,015        324,941        1,246,992        138,370        1,294,255   

Net change in unrealized appreciation (depreciation) from:

         

Investment transactions

    69,422        (670,474     1,805,421        26,944        5,758,039   

Forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    136,409        1,069,421        4,104,360        194,948        (9,166

Net change in unrealized appreciation (depreciation)

    205,831        398,947        5,909,781        221,892        5,748,873   

Net realized and unrealized gain on investments

    350,846        723,888        7,156,773        360,262        7,043,128   

NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS

  $ 358,075      $ 834,007      $ 7,600,302      $ 371,327      $ 8,450,537   
1 

For the period April 8, 2014 (commencement of operations) through September 30, 2014.

 

2 

Net of foreign withholding tax of $1,445, $15,038, $72,261, $1,780 and $255,864, respectively.

 

See Notes to Financial Statements.

 

120   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Statements of Operations (unaudited) (concluded)

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

For the Six Months Ended September 30, 2014

 

  

 

 

     

WisdomTree

Korea Hedged

Equity Fund

    

WisdomTree

United Kingdom

Hedged Equity

Fund

 

INVESTMENT INCOME:

     

Dividends1

   $ 2,401       $ 419,379   

Interest

             61   

Securities lending income (Note 2)

     97         279   

Total investment income

     2,498         419,719   

EXPENSES:

     

Advisory fees (Note 3)

     24,342         47,197   

Service fees (Note 2)

     185         433   

Proxy fees (Note 2)

     257         919   

Total expenses

     24,784         48,549   

Net investment income (loss)

     (22,286      371,170   

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

     

Net realized gain (loss) from:

     

Investment transactions

     (37,639      250,008   

Forward foreign currency contracts and foreign currency related transactions

     (527,498      301,338   

Net realized gain (loss)

     (565,137      551,346   

Net change in unrealized appreciation (depreciation) from:

     

Investment transactions

     (275,252      (1,232,758

Forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     383,635         404,892   

Net change in unrealized appreciation (depreciation)

     108,383         (827,866

Net realized and unrealized loss on investments

     (456,754      (276,520

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

   $ (479,040    $ 94,650   
1 

Net of foreign withholding tax of $1,178 and $2,392, respectively.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      121   


Table of Contents

Statements of Changes in Net Assets

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

 

 

  

 

 

     WisdomTree
Australia Dividend Fund
    WisdomTree
DEFA Equity Income Fund
    WisdomTree
DEFA Fund
 
    

For the

Six Months Ended

September 30, 2014

(unaudited)

   

For the
Period Ended

March 31, 2014

   

For the

Six Months Ended

September 30, 2014

(unaudited)

   

For the
Period Ended

March 31, 2014

   

For the

Six Months Ended

September 30, 2014

(unaudited)

   

For the

Period Ended

March 31, 2014

 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

   

         

Net investment income

  $ 1,148,248      $ 2,393,944      $ 8,564,645      $ 14,596,110      $ 13,300,808      $ 22,496,387   

Net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions

    1,971,934        909,079        2,273,937        (1,730,113     (1,551,497     2,902,130   

Net change in unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (6,751,889     (5,139,781     (19,327,768     36,323,278        (24,212,205     63,516,879   

Net increase (decrease) in net assets resulting from operations

    (3,631,707     (1,836,758     (8,489,186     49,189,275        (12,462,894     88,915,396   

DIVIDENDS:

           

Net investment income

    (1,072,008     (2,462,154     (8,585,045     (14,535,126     (13,720,064     (22,732,659

CAPITAL SHARE TRANSACTIONS:

           

Net proceeds from sale of shares

                  39,066,253        61,088,169        35,833,750        56,738,559   

Cost of shares redeemed

    (2,787,134     (17,756,703                          (12,340,781

Net increase (decrease) in net assets resulting from capital share transactions

    (2,787,134     (17,756,703     39,066,253        61,088,169        35,833,750        44,397,778   

Net Increase (Decrease) in Net Assets

    (7,490,849     (22,055,615     21,992,022        95,742,318        9,650,792        110,580,515   

NET ASSETS:

           

Beginning of period

  $ 55,137,564      $ 77,193,179      $ 304,752,712      $ 209,010,394      $ 569,187,658      $ 458,607,143   

End of period

  $ 47,646,715      $ 55,137,564      $ 326,744,734      $ 304,752,712      $ 578,838,450      $ 569,187,658   

Undistributed net investment income included in net assets at end of period

  $ 105,429      $ 29,189      $ 625,692      $ 646,092      $ 1,079,972      $ 1,499,228   

SHARES CREATED AND REDEEMED:

           

Shares outstanding, beginning of period

    900,000        1,200,000        6,400,000        5,050,000        10,450,000        9,600,000   

Shares created

                  800,000        1,350,000        650,000        1,100,000   

Shares redeemed

    (50,000     (300,000                          (250,000

Shares outstanding, end of period

    850,000        900,000        7,200,000        6,400,000        11,100,000        10,450,000   

 

See Notes to Financial Statements.

 

122   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Statements of Changes in Net Assets (continued)

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

 

 

  

 

 

      WisdomTree
Europe Dividend Growth Fund
    

WisdomTree

Europe Hedged Equity Fund

     WisdomTree
Europe SmallCap Dividend Fund
 
     

For the Period
May 7, 2014*
through
September 30, 2014

(unaudited)

    

For the

Six Months Ended

September 30, 2014

(unaudited)

    

For the

Period Ended

March 31, 2014

    

For the

Six Months Ended

September 30, 2014

(unaudited)

    

For the

Period Ended

March 31, 2014

 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

   

           

Net investment income

   $ 79,850       $ 22,616,578       $ 11,907,904       $ 32,475,649       $ 5,150,464   

Net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions

     (4,731      95,138,952         (32,514,404      59,235,206         11,160,520   

Net change in unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     (1,081,193      (71,237,033      88,263,625         (293,758,488      139,859,136   

Net increase (decrease) in net assets resulting from operations

     (1,006,074      46,518,497         67,657,125         (202,047,633      156,170,120   

DIVIDENDS:

              

Net investment income

     (67,002      (24,752,477      (9,199,353      (35,566,272      (3,161,594

CAPITAL SHARE TRANSACTIONS:

              

Net proceeds from sale of shares

     15,116,271         1,901,573,283         940,909,066         762,314,656         1,237,151,944   

Cost of shares redeemed

     (100      (51,189,237      (103,574,788      (975,672,116      (4,163,918

Net increase (decrease) in net assets resulting from capital share transactions

     15,116,171         1,850,384,046         837,334,278         (213,357,460      1,232,988,026   

Net Increase (Decrease) in Net Assets

     14,043,095         1,872,150,066         895,792,050         (450,971,365      1,385,996,552   

NET ASSETS:

              

Beginning of period

   $ 100       $ 1,060,319,484       $ 164,527,434       $ 1,446,871,030       $ 60,874,478   

End of period

   $ 14,043,195       $ 2,932,469,550       $ 1,060,319,484       $ 995,899,665       $ 1,446,871,030   

Undistributed (Distributions in excess of) net investment income included in net assets at end of period

   $ 12,848       $ 686,728       $ 2,822,627       $ (187,407    $ 2,903,216   

SHARES CREATED AND REDEEMED:

              

Shares outstanding, beginning of period

     4         18,800,000         3,300,000         23,250,000         1,450,000   

Shares created

     600,000         32,700,000         17,600,000         12,350,000         21,900,000   

Shares redeemed

     (4      (850,000      (2,100,000      (16,700,000      (100,000

Shares outstanding, end of period

     600,000         50,650,000         18,800,000         18,900,000         23,250,000   
* Commencement of operations.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      123   


Table of Contents

Statements of Changes in Net Assets (continued)

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

 

 

  

 

 

     WisdomTree
Germany Hedged Equity Fund
    WisdomTree
International Dividend ex-Financials  Fund
    WisdomTree
International Hedged
Dividend Growth Fund
 
    

For the

Six Months Ended

September 30, 2014

(unaudited)

   

For the Period

October 17, 2013*

through

March 31, 2014

   

For the

Six Months Ended

September 30, 2014

(unaudited)

   

For the

Period Ended

March 31, 2014

    For the Period
May 7, 2014*
through
September 30,  2014
(unaudited)
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

  

       

Net investment income (loss)

  $ 200,316      $ (18   $ 9,677,066      $ 15,886,146      $ 45,505   

Net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions

    569,385        (169,772     24,198,415        21,759,028        110,952   

Net change in unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (1,056,652     622,692        (46,137,145     31,939,259        (253,383

Net increase (decrease) in net assets resulting from operations

    (286,951     452,902        (12,261,664     69,584,433        (96,926

DIVIDENDS:

         

Net investment income

    (169,004            (9,695,072     (15,909,125     (35,000

CAPITAL SHARE TRANSACTIONS:

         

Net proceeds from sale of shares

    5,477,395        8,989,957        65,842,583               7,604,828   

Cost of shares redeemed

           (105            (53,811,313     (102

Net increase (decrease) in net assets resulting from capital share transactions

    5,477,395        8,989,852        65,842,583        (53,811,313     7,604,726   

Net Increase (Decrease) in Net Assets

    5,021,440        9,442,754        43,885,847        (136,005     7,472,800   

NET ASSETS:

         

Beginning of period

  $ 9,442,854      $ 100      $ 349,545,491      $ 349,681,496      $ 100   

End of period

  $ 14,464,294      $ 9,442,854      $ 393,431,338      $ 349,545,491      $ 7,472,900   

Undistributed net investment income included in net assets at end of period

  $ 31,312      $      $ 736,389      $ 754,395      $ 10,505   

SHARES CREATED AND REDEEMED:

         

Shares outstanding, beginning of period

    350,000        4        7,100,000        8,300,000        4   

Shares created

    200,000        350,000        1,300,000               300,000   

Shares redeemed

           (4            (1,200,000     (4

Shares outstanding, end of period

    550,000        350,000        8,400,000        7,100,000        300,000   
* Commencement of operations.

 

See Notes to Financial Statements.

 

124   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Statements of Changes in Net Assets (continued)

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

 

 

  

 

 

     WisdomTree
International LargeCap Dividend Fund
    WisdomTree
International MidCap Dividend Fund
    WisdomTree
International SmallCap Dividend Fund
 
    

For the

Six Months Ended

September 30, 2014

(unaudited)

   

For the

Period Ended

March 31, 2014

   

For the

Six Months Ended

September 30, 2014

(unaudited)

   

For the

Period Ended

March 31, 2014

   

For the

Six Months Ended

September 30, 2014

(unaudited)

   

For the

Period Ended

March 31, 2014

 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

   

         

Net investment income

  $ 7,634,392      $ 12,366,635      $ 3,307,296      $ 4,245,060      $ 18,914,113      $ 22,483,302   

Net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions

    (1,164,538     (6,416,407     3,892,671        1,807,862        44,964,025        26,658,982   

Net change in unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (11,762,708     36,792,415        (12,210,121     17,484,914        (133,429,231     91,458,437   

Net increase (decrease) in net assets resulting from operations

    (5,292,854     42,742,643        (5,010,154     23,537,836        (69,551,093     140,600,721   

DIVIDENDS:

           

Net investment income

    (7,756,026     (12,150,590     (3,407,033     (4,342,219     (20,488,293     (27,535,002

CAPITAL SHARE TRANSACTIONS:

           

Net proceeds from sale of shares

    37,151,915        74,143,503        12,131,517        2,817,029        286,374,134        248,798,670   

Cost of shares redeemed

                                (189,536,944       

Net increase in net assets resulting from capital share transactions

    37,151,915        74,143,503        12,131,517        2,817,029        96,837,190        248,798,670   

Net Increase in Net Assets

    24,103,035        104,735,556        3,714,330        22,012,646        6,797,804        361,864,389   

NET ASSETS:

           

Beginning of period

  $ 315,276,486      $ 210,540,930      $ 141,081,870      $ 119,069,224      $ 923,997,213      $ 562,132,824   

End of period

  $ 339,379,521      $ 315,276,486      $ 144,796,200      $ 141,081,870      $ 930,795,017      $ 923,997,213   

Undistributed net investment income included in net assets at end of period

  $ 574,579      $ 696,213      $ 312,237      $ 411,974      $ 2,448,176      $ 4,022,356   

SHARES CREATED AND REDEEMED:

           

Shares outstanding, beginning of period

    6,100,000        4,600,000        2,350,000        2,300,000        14,250,000        10,150,000   

Shares created

    700,000        1,500,000        200,000        50,000        4,400,000        4,100,000   

Shares redeemed

                                (2,900,000       

Shares outstanding, end of period

    6,800,000        6,100,000        2,550,000        2,350,000        15,750,000        14,250,000   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      125   


Table of Contents

Statements of Changes in Net Assets (continued)

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

 

 

  

 

 

     WisdomTree
Japan Hedged Capital Goods Fund
    WisdomTree
Japan Hedged Equity Fund
    WisdomTree
Japan Hedged Financials Fund
 
    

For the Period

April 8, 2014*

through

September 30, 2014

(unaudited)

   

For the

Six Months Ended

September 30, 2014

(unaudited)

   

For the

Period Ended

March 31, 2014

   

For the Period

April 8, 2014*

through

September 30, 2014

(unaudited)

 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

  

     

Net investment income

  $ 12,166      $ 81,503,891      $ 196,120,260      $ 43,222   

Net realized gain on investments, forward foreign currency contracts and foreign currency related transactions

    134,518        265,144,250        789,092,915        84,250   

Net change in unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    263,614        731,915,907        (290,739,334     292,690   

Net increase (decrease) in net assets resulting from operations

    410,298        1,078,564,048        694,473,841        420,162   

DIVIDENDS AND DISTRIBUTIONS:

       

Net investment income

           (116,335,552     (143,145,142       

Capital gains

                  (153,506,590       

Total dividends and distributions

           (116,335,552     (296,651,732       

CAPITAL SHARE TRANSACTIONS:

       

Net proceeds from sale of shares

    3,754,144        664,620,565        8,779,979,328        7,429,858   

Cost of shares redeemed

    (1,377,399     (2,204,902,629     (3,368,610,295     (100

Net increase (decrease) in net assets resulting from capital share transactions

    2,376,745        (1,540,282,064     5,411,369,033        7,429,758   

Net Increase (Decrease) in Net Assets

    2,787,043        (578,053,568     5,809,191,142        7,849,920   

NET ASSETS:

       

Beginning of period

  $ 100      $ 11,441,823,734      $ 5,632,632,592      $ 100   

End of period

  $ 2,787,143      $ 10,863,770,166      $ 11,441,823,734      $ 7,850,020   

Undistributed net investment income included in net assets at end of period

  $ 12,166      $ 81,470,011      $ 116,301,672      $ 43,222   

SHARES CREATED AND REDEEMED:

       

Shares outstanding, beginning of period

    4        240,900,000        131,150,000        4   

Shares created

    150,000        13,150,000        183,100,000        300,000   

Shares redeemed

    (50,004     (46,000,000     (73,350,000     (4

Shares outstanding, end of period

    100,000        208,050,000        240,900,000        300,000   
* Commencement of operations.

 

See Notes to Financial Statements.

 

126   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Statements of Changes in Net Assets (continued)

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

 

 

  

 

 

      WisdomTree
Japan Hedged Health Care Fund
     WisdomTree
Japan Hedged Real Estate Fund
     WisdomTree
Japan Hedged SmallCap Equity Fund
 
     

For the Period

April 8, 2014*

through

September 30, 2014
(unaudited)

    

For the Period

April 8, 2014*

through

September 30, 2014

(unaudited)

    

For the

Six Months Ended

September 30, 2014

(unaudited)

    

For the Period

June 28, 2013*

through

March 31, 2014

 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

  

        

Net investment income

   $ 7,229       $ 110,119       $ 443,529       $ 699,060   

Net realized gain on investments, forward foreign currency contracts and foreign currency related transactions

     145,015         324,941         1,246,992         654,623   

Net change in unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     205,831         398,947         5,909,781         (389,859

Net increase (decrease) in net assets resulting from operations

     358,075         834,007         7,600,302         963,824   

DIVIDENDS:

           

Net investment income

                     (668,080      (102,144

CAPITAL SHARE TRANSACTIONS:

           

Net proceeds from sale of shares

     2,478,032         19,355,262         11,854,082         80,715,953   

Cost of shares redeemed

     (1,417,667      (106      (6,164,407      (5,963,970

Net increase in net assets resulting from capital share transactions

     1,060,365         19,355,156         5,689,675         74,751,983   

Net Increase in Net Assets

     1,418,440         20,189,163         12,621,897         75,613,663   

NET ASSETS:

           

Beginning of period

   $ 100       $ 100       $ 75,613,763       $ 100   

End of period

   $ 1,418,540       $ 20,189,263       $ 88,235,660       $ 75,613,763   

Undistributed net investment income included in net assets at end of period

   $ 7,229       $ 110,119       $ 425,466       $ 650,017   

SHARES CREATED AND REDEEMED:

           

Shares outstanding, beginning of period

     4         4         2,600,000         4   

Shares created

     100,000         750,000         400,000         2,800,000   

Shares redeemed

     (50,004      (4      (200,000      (200,004

Shares outstanding, end of period

     50,000         750,000         2,800,000         2,600,000   
* Commencement of operations.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      127   


Table of Contents

Statements of Changes in Net Assets (continued)

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

 

 

  

 

 

     WisdomTree
Japan Hedged Tech,
Media and Telecom Fund
    WisdomTree
Japan SmallCap Dividend Fund
    WisdomTree
Korea Hedged Equity Fund
 
    

For the Period

April 8, 2014*
through

September 30, 2014

(unaudited)

   

For the

Six Months Ended

September 30, 2014

(unaudited)

   

For the

Period Ended

March 31, 2014

   

For the

Six Months Ended

September 30, 2014

(unaudited)

   

For the Period

November 7, 2013*

through

March 31, 2014

 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

   

       

Net investment income (loss)

  $ 11,065      $ 1,407,409      $ 3,911,071      $ (22,286   $ 11,352   

Net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions

    138,370        1,294,255        3,127,611        (565,137     (141,932

Net change in unrealized appreciation on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    221,892        5,748,873        2,015,912        108,383        25,777   

Net increase (decrease) in net assets resulting from operations

    371,327        8,450,537        9,054,594        (479,040     (104,803

DIVIDENDS:

         

Net investment income

           (2,461,140     (5,814,634     (20,489     (23,127

CAPITAL SHARE TRANSACTIONS:

         

Net proceeds from sale of shares

    3,687,442        23,851,555        154,225,915        1,145,762        8,279,040   

Cost of shares redeemed

    (1,348,470     (13,234,042     (66,274,021            (91

Net increase in net assets resulting from capital share transactions

    2,338,972        10,617,513        87,951,894        1,145,762        8,278,949   

Net Increase in Net Assets

    2,710,299        16,606,910        91,191,854        646,233        8,151,019   

NET ASSETS:

         

Beginning of period

  $ 100      $ 284,106,020      $ 192,914,166      $ 8,151,119      $ 100   

End of period

  $ 2,710,399      $ 300,712,930      $ 284,106,020      $ 8,797,352      $ 8,151,119   

Undistributed (Distributions in excess of) net investment income included in net assets at end of period

  $ 11,065      $ 1,268,863      $ 2,322,594      $ (27,103   $ 15,672   

SHARES CREATED AND REDEEMED:

         

Shares outstanding, beginning of period

    4        5,650,000        3,950,000        350,000        4   

Shares created

    150,000        450,000        3,100,000        50,000        350,000   

Shares redeemed

    (50,004     (250,000     (1,400,000            (4

Shares outstanding, end of period

    100,000        5,850,000        5,650,000        400,000        350,000   
* Commencement of operations.

 

See Notes to Financial Statements.

 

128   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Statements of Changes in Net Assets (concluded)

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

 

 

  

 

 

      WisdomTree
United Kingdom Hedged Equity Fund
 
     

For the

Six Months Ended

September 30, 2014

(unaudited)

    

For the Period

June 28, 2013*

through

March 31, 2014

 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

     

Net investment income

   $ 371,170       $ 1,271,954   

Net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions

     551,346         (1,207,139

Net change in unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     (827,866      843,526   

Net increase (decrease) in net assets resulting from operations

     94,650         908,341   

DIVIDENDS:

     

Net investment income

     (399,007      (1,253,723

CAPITAL SHARE TRANSACTIONS:

     

Net proceeds from sale of shares

     5,192,201         43,463,008   

Cost of shares redeemed

             (26,527,407

Net increase in net assets resulting from capital share transactions

     5,192,201         16,935,601   

Net Increase in Net Assets

     4,887,844         16,590,219   

NET ASSETS:

     

Beginning of period

   $ 16,590,319       $ 100   

End of period

   $ 21,478,163       $ 16,590,319   

Undistributed net investment income included in net assets at end of period

   $ 7,921       $ 35,758   

SHARES CREATED AND REDEEMED:

     

Shares outstanding, beginning of period

     650,000         4   

Shares created

     200,000         1,650,000   

Shares redeemed

             (1,000,004

Shares outstanding, end of period

     850,000         650,000   
* Commencement of operations.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      129   


Table of Contents

Financial Highlights

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

 

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree Australia Dividend Fund  

For the

Six Months Ended

September 30, 2014
(unaudited)

   

For the

Period Ended
March 31, 2014

   

For the

Period Ended
March 28, 2013

   

For the

Year Ended
March 31, 20121

   

For the

Year Ended
March 31, 2011

   

For the

Year Ended
March 31, 2010

 

Net asset value, beginning of period

  $ 61.26      $ 64.33      $ 55.87      $ 61.64      $ 57.24      $ 30.80   

Investment operations:

           

Net investment income2

    1.28        2.32        2.60        2.87        2.99        2.23   

Net realized and unrealized gain (loss)

    (5.30     (2.81     8.44        (5.48     4.62        26.27   

Total from investment operations

    (4.02     (0.49     11.04        (2.61     7.61        28.50   

Dividends to shareholders:

           

Net investment income

    (1.19     (2.58     (2.58     (3.16     (3.21     (2.06

Net asset value, end of period

  $ 56.05      $ 61.26      $ 64.33      $ 55.87      $ 61.64      $ 57.24   

TOTAL RETURN3

    (6.63 )%      (0.59 )%      20.49     (3.86 )%      14.03     93.79

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 47,647      $ 55,138      $ 77,193      $ 61,456      $ 80,137      $ 117,339   

Ratios to average net assets4 of:

           

Expenses, net of expense waivers

    0.59 %5,6      0.58 %5      0.58 %5      0.58     0.58     0.58

Expenses, prior to expense waivers

    0.59 %5,6      0.58 %5      0.58 %5      0.58     0.58     0.58

Net investment income

    4.11 %5      3.86 %5      4.71 %5      5.18     5.42     4.25

Portfolio turnover rate7

    21     27     31     68     46     25

 

             
WisdomTree DEFA Equity Income Fund  

For the

Six Months Ended

September 30, 2014

(unaudited)

   

For the

Period Ended

March 31, 2014

   

For the

Period Ended

March 28, 2013

   

For the

Year Ended

March 31, 2012

   

For the

Year Ended

March 31, 2011

   

For the

Year Ended

March 31, 2010

 

Net asset value, beginning of period

  $ 47.62      $ 41.39      $ 38.64      $ 43.82      $ 41.85      $ 28.43   

Investment operations:

           

Net investment income2

    1.27        2.57        1.74        1.90        1.75        1.56   

Net realized and unrealized gain (loss)

    (2.25     6.14        2.70        (5.17     2.01        13.44   

Total from investment operations

    (0.98     8.71        4.44        (3.27     3.76        15.00   

Dividends to shareholders:

           

Net investment income

    (1.26     (2.48     (1.69     (1.91     (1.79     (1.58

Net asset value, end of period

  $ 45.38      $ 47.62      $ 41.39      $ 38.64      $ 43.82      $ 41.85   

TOTAL RETURN3

    (2.22 )%      21.82     12.08     (7.45 )%      9.74     53.57

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 326,745      $ 304,753      $ 209,010      $ 175,809      $ 131,454      $ 142,297   

Ratios to average net assets4 of:

           

Expenses, net of expense waivers

    0.59 %5,6      0.58 %5      0.58 %5      0.58     0.58     0.58

Expenses, prior to expense waivers

    0.59 %5,6      0.58 %5      0.58 %5      0.58     0.58     0.58

Net investment income

    5.22 %5      5.71 %5      4.58 %5      4.84     4.39     3.91

Portfolio turnover rate7

    18     26     31     32     34     36
1 

The information reflects the investment objective and strategy of the WisdomTree Pacific ex-Japan Equity Income Fund through June 19, 2011 and the investment objective and strategy of the WisdomTree Australia Dividend Fund thereafter.

 

2 

Based on average shares outstanding.

 

3 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Notes 2 and 3).

 

4 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

5 

Annualized.

 

6 

Included in the expense ratio are non-recurring proxy expenses that were incurred during the period (which are not annualized). Without these proxy expenses, the expense ratio (net of expense waivers) would have been 0.58% and the expense ratio (prior to expense waivers) would have been 0.58% for both WisdomTree Australia Dividend Fund and WisdomTree DEFA Equity Income Fund.

 

7 

Portfolio turnover rate is not annualized 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 portfolio turnover calculation.

 

See Notes to Financial Statements.

 

130   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Financial Highlights (continued)

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

 

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

 

WisdomTree DEFA Fund  

For the
Six Months Ended
September 30, 2014

(unaudited)

   

For the

Period Ended

March 31, 2014

   

For the

Period Ended

March 28, 2013

   

For the

Year Ended
March 31, 2012

   

For the

Year Ended
March 31, 2011

   

For the

Year Ended
March 31, 2010

 

Net asset value, beginning of period

  $ 54.47      $ 47.77      $ 44.53      $ 49.51      $ 46.13      $ 32.00   

Investment operations:

           

Net investment income1

    1.23        2.27        1.63        1.90        1.58        2.00   

Net realized and unrealized gain (loss)

    (2.28     6.72        3.22        (4.99     3.39        14.24   

Total from investment operations

    (1.05     8.99        4.85        (3.09     4.97        16.24   

Dividends to shareholders:

           

Net investment income

    (1.27     (2.29     (1.61     (1.89     (1.59     (2.11

Net asset value, end of period

  $ 52.15      $ 54.47      $ 47.77      $ 44.53      $ 49.51      $ 46.13   

TOTAL RETURN2

    (2.06 )%      19.43     11.42     (6.18 )%      11.33     51.43

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 578,838      $ 569,188      $ 458,607      $ 385,202      $ 457,997      $ 435,906   

Ratios to average net assets3 of:

           

Expenses, net of expense waivers

    0.49 %4,5      0.48 %4      0.48 %4      0.48     0.48     0.19 %6 

Expenses, prior to expense waivers

    0.49 %4,5      0.48 %4      0.48 %4      0.48     0.48     0.48

Net investment income

    4.45 %4      4.41 %4      3.75 %4      4.22     3.50     4.63

Portfolio turnover rate7

    17     21     20     27     30     97

 

   
WisdomTree Europe Dividend Growth Fund   

For the Period
May 7, 2014*
through
September 30, 2014

(unaudited)

 

Net asset value, beginning of period

   $ 25.10   

Investment operations:

  

Net investment income1

     0.15   

Net realized and unrealized loss

     (1.72

Total from investment operations

     (1.57

Dividends to shareholders:

  

Net investment income

     (0.12

Net asset value, end of period

   $ 23.41   

TOTAL RETURN2

     (6.27 )% 

RATIOS/SUPPLEMENTAL DATA:

  

Net assets, end of period (000’s omitted)

   $ 14,043   

Ratios to average net assets of:

  

Expenses

     0.58 %4 

Net investment income

     1.55 %4 

Portfolio turnover rate7

     20
* Commencement of operations.

 

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. The total return would have been lower for the WisdomTree DEFA Fund if certain expenses had not been reimbursed/waived by the investment adviser (Notes 2 and 3).

 

3 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

4 

Annualized.

 

5 

Included in the expense ratio are non-recurring proxy expenses that were incurred during the period (which are not annualized). Without these proxy expenses, the expense ratio (net of expense waivers) would have been 0.48% and the expense ratio (prior to expense waivers) would have been 0.48%.

 

6 

Reflects the Fund’s advisory fees, after waiver, and the fees and expenses of the underlying funds that were paid indirectly by the Fund during the period when Fund operated as a “funds of funds”.

 

7 

Portfolio turnover rate is not annualized 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 portfolio turnover calculation.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      131   


Table of Contents

Financial Highlights (continued)

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

 

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

 

WisdomTree Europe Hedged
Equity Fund
 

For the
Six Months Ended
September 30, 2014

(unaudited)

   

For the

Period Ended
March 31, 2014

   

For the

Period Ended
March 28, 20131

   

For the

Year Ended
March 31, 2012

   

For the

Year Ended
March 31, 2011

   

For the Period
December 31, 2009*

through
March 31, 2010

 

Net asset value, beginning of period

  $ 56.40      $ 49.86      $ 43.93      $ 47.61      $ 47.72      $ 46.92   

Investment operations:

           

Net investment income2

    0.71        1.31        0.89        1.73        1.43        0.29   

Net realized and unrealized gain (loss)

    1.55        6.35        5.96        (3.84     (0.02     0.64   

Total from investment operations

    2.26        7.66        6.85        (2.11     1.41        0.93   

Dividends and distributions to shareholders:

           

Net investment income

    (0.76     (1.12     (0.92     (1.57     (1.52     (0.13

Return of capital

                                       (0.00 )3 

Total dividends and distributions to shareholders

    (0.76     (1.12     (0.92     (1.57     (1.52     (0.13

Net asset value, end of period

  $ 57.90      $ 56.40      $ 49.86      $ 43.93      $ 47.61      $ 47.72   

TOTAL RETURN4

    3.99     15.73     16.06     (4.41 )%      3.27     1.98

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 2,932,470      $ 1,060,319      $ 164,527      $ 21,963      $ 21,425      $ 9,545   

Ratios to average net assets5 of:

           

Expenses, net of expense waivers

    0.59 %6,7      0.58 %6      0.58 %6      0.58     0.58     0.47 %6,8 

Expenses, prior to expense waivers

    0.59 %6,7      0.58 %6      0.73 %6      1.25     1.65     0.58 %6 

Net investment income

    2.47 %6      2.43 %6      2.01 %6      3.99     3.11     2.53 %6 

Portfolio turnover rate9

    13     28     43     42     38     79

 

             
WisdomTree Europe SmallCap
Dividend Fund
 

For the
Six Months Ended
September 30, 2014

(unaudited)

   

For the

Period Ended
March 31, 2014

   

For the

Period Ended
March 28, 2013

   

For the

Year Ended
March 31, 2012

   

For the

Year Ended
March 31, 2011

   

For the

Year Ended
March 31, 2010

 

Net asset value, beginning of period

  $ 62.23      $ 41.98      $ 38.22      $ 44.44      $ 37.62      $ 22.44   

Investment operations:

           

Net investment income2

    1.29        0.73        1.32        1.44        1.09        0.99   

Net realized and unrealized gain (loss)

    (9.49     20.90        3.82        (5.74     6.85        15.37   

Total from investment operations

    (8.20     21.63        5.14        (4.30     7.94        16.36   

Dividends to shareholders:

           

Net investment income

    (1.34     (1.38     (1.38     (1.92     (1.12     (1.18

Net asset value, end of period

  $ 52.69      $ 62.23      $ 41.98      $ 38.22      $ 44.44      $ 37.62   

TOTAL RETURN4

    (13.40 )%      53.06     14.33     (9.80 )%      21.86     74.18

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 995,900      $ 1,446,871      $ 60,874      $ 28,668      $ 28,889      $ 30,095   

Ratios to average net assets5 of:

           

Expenses, net of expense waivers

    0.59 %6,7      0.58 %6      0.58 %6      0.58     0.58     0.58

Expenses, prior to expense waivers

    0.59 %6,7      0.58 %6      0.58 %6      0.58     0.58     0.58

Net investment income

    4.33 %6      1.29 %6      3.52 %6      3.79     2.81     2.92

Portfolio turnover rate9

    31     24     48     58     60     55
* Commencement of operations.

 

1 

The information reflects the investment objective and strategy of the WisdomTree International Hedged Equity Fund through August 29, 2012 and the investment objective and strategy of the WisdomTree Europe Hedged Equity Fund thereafter.

 

2 

Based on average shares outstanding.

 

3 

Amount represents less than $0.005.

 

4 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Notes 2 and 3).

 

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 

Annualized.

 

7 

Included in the expense ratio are non-recurring proxy expenses that were incurred during the period (which are not annualized). Without these proxy expenses, the expense ratio (net of expense waivers) would have been 0.58% and the expense ratio (prior to expense waivers) would have been 0.58% for both WisdomTree Europe Hedged Equity Fund and WisdomTree Europe SmallCap Dividend Fund.

 

8 

Reflects the Fund’s advisory fees, after waiver, and the fees and expenses of the underlying funds that were paid indirectly by the Fund during the period when Fund operated as a “funds of funds”.

 

9 

Portfolio turnover rate is not annualized 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 portfolio turnover calculation.

 

See Notes to Financial Statements.

 

132   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Financial Highlights (continued)

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

 

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

 

WisdomTree Germany Hedged Equity Fund   

For the
Six Months Ended
September 30, 2014

(unaudited)

     For the Period
October 17, 2013*
through
March 31, 2014
 

Net asset value, beginning of period

   $ 26.98       $ 25.01   

Investment operations:

     

Net investment income (loss)1

     0.49         (0.00 )2 

Net realized and unrealized gain (loss)

     (0.78      1.97   

Total from investment operations

     (0.29      1.97   

Dividends to shareholders:

     

Net investment income

     (0.39        

Net asset value, end of period

   $ 26.30       $ 26.98   

TOTAL RETURN3

     (1.11 )%       7.88

RATIOS/SUPPLEMENTAL DATA:

     

Net assets, end of period (000’s omitted)

   $ 14,464       $ 9,443   

Ratios to average net assets of:

     

Expenses

     0.49 %4,5       0.48 %4 

Net investment income (loss)

     3.62 %4       (0.00 )%4,6 

Portfolio turnover rate7

     17      4

 

             
WisdomTree International Dividend
ex-Financials Fund
 

For the
Six Months Ended
September 30, 2014

(unaudited)

   

For the

Period Ended
March 31, 2014

   

For the

Period Ended
March 28, 2013

   

For the

Year Ended
March 31, 2012

   

For the

Year Ended
March 31, 2011

   

For the

Year Ended
March 31, 20108

 

Net asset value, beginning of period

  $ 49.23      $ 42.13      $ 41.64      $ 46.85      $ 42.69      $ 28.46   

Investment operations:

           

Net investment income1

    1.22        2.06        1.82        1.74        1.83        1.50   

Net realized and unrealized gain (loss)

    (2.43     7.11        0.45        (5.11     4.21        14.24   

Total from investment operations

    (1.21     9.17        2.27        (3.37     6.04        15.74   

Dividends to shareholders:

           

Net investment income

    (1.18     (2.07     (1.78     (1.84     (1.88     (1.51

Net asset value, end of period

  $ 46.84      $ 49.23      $ 42.13      $ 41.64      $ 46.85      $ 42.69   

TOTAL RETURN3

    (2.59 )%      22.58     5.98     (7.24 )%      14.93     56.27

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 393,431      $ 349,545      $ 349,681      $ 355,992      $ 149,929      $ 164,338   

Ratios to average net assets9 of:

           

Expenses, net of expense waivers

    0.58 %4,10      0.58 %4      0.58 %4      0.58     0.58     0.58

Expenses, prior to expense waivers

    0.59 %4,10      0.58 %4      0.58 %4      0.58     0.58     0.58

Net investment income

    4.89 %4      4.54 %4      4.58 %4      4.20     4.30     3.81

Portfolio turnover rate7

    39     36     50     28     52     69
* Commencement of operations.

 

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. The total return would have been lower for the WisdomTree International Dividend ex-Financials Fund if certain expenses had not been reimbursed/waived by the investment adviser (Notes 2 and 3).

 

4 

Annualized.

 

5 

Included in the expense ratio are non-recurring proxy expenses that were incurred during the period (which are not annualized). Without these proxy expenses, the annualized expense ratio would have been 0.48%.

 

6 

Amount represents less than 0.005%.

 

7 

Portfolio turnover rate is not annualized 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 portfolio turnover calculation.

 

8 

The information reflects the investment objective and strategy of the WisdomTree International Dividend Top 100 Fund through May 8, 2009 and the investment objective and strategy of the WisdomTree International Dividend ex-Financials Fund thereafter.

 

9 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

10 

Included in the expense ratio are non-recurring proxy expenses that were incurred during the period (which are not annualized). Without these proxy expenses, the expense ratio (net of expense waivers) would have been 0.58% and the expense ratio (prior to expense waivers) would have been 0.58%.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      133   


Table of Contents

Financial Highlights (continued)

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

 

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

 

WisdomTree International Hedged Dividend Growth Fund   

For the Period
May 7, 2014*
through
September 30, 2014

(unaudited)

 

Net asset value, beginning of period

   $ 24.90   

Investment operations:

  

Net investment income1

     0.21   

Net realized and unrealized loss

     (0.06

Total from investment operations

     0.15   

Dividends to shareholders:

  

Net investment income

     (0.14

Net asset value, end of period

   $ 24.91   

TOTAL RETURN2

     0.59

RATIOS/SUPPLEMENTAL DATA:

  

Net assets, end of period (000’s omitted)

   $ 7,473   

Ratios to average net assets of:

  

Expenses

     0.58 %3 

Net investment income

     2.07 %3 

Portfolio turnover rate4

     54

 

             
WisdomTree International LargeCap
Dividend Fund
 

For the
Six Months Ended
September 30, 2014

(unaudited)

   

For the

Period Ended
March 31, 2014

   

For the

Period Ended
March 28, 2013

   

For the

Year Ended
March 31, 2012

   

For the

Year Ended
March 31, 2011

   

For the

Year Ended
March 31, 2010

 

Net asset value, beginning of period

  $ 51.68      $ 45.77      $ 42.89      $ 47.68      $ 45.34      $ 31.57   

Investment operations:

           

Net investment income1

    1.17        2.35        1.59        1.86        1.56        1.50   

Net realized and unrealized gain (loss)

    (1.77     5.79        2.84        (4.75     2.37        13.91   

Total from investment operations

    (0.60     8.14        4.43        (2.89     3.93        15.41   

Dividends to shareholders:

           

Net investment income

    (1.17     (2.23     (1.55     (1.90     (1.59     (1.64

Net asset value, end of period

  $ 49.91      $ 51.68      $ 45.77      $ 42.89      $ 47.68      $ 45.34   

TOTAL RETURN2

    (1.29 )%      18.35     10.80     (6.02 )%      9.21     49.56

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 339,380      $ 315,276      $ 210,541      $ 167,253      $ 164,489      $ 149,624   

Ratios to average net assets5 of:

           

Expenses, net of expense waivers

    0.49 %3,6      0.48 %3      0.48 %3      0.48     0.48     0.48

Expenses, prior to expense waivers

    0.49 %3,6      0.48 %3      0.48 %3      0.48     0.48     0.48

Net investment income

    4.43 %3      4.77 %3      3.77 %3      4.34     3.56     3.54

Portfolio turnover rate4

    11     15     19     23     22     26
* Commencement of operations.

 

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. The total return would have been lower for the WisdomTree International LargeCap Dividend Fund if certain expenses had not been reimbursed/waived by the investment adviser (Notes 2 and 3).

 

3 

Annualized.

 

4 

Portfolio turnover rate is not annualized 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 portfolio turnover calculation.

 

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 

Included in the expense ratio are non-recurring proxy expenses that were incurred during the period (which are not annualized). Without these proxy expenses, the expense ratio (net of expense waivers) would have been 0.48% and the expense ratio (prior to expense waivers) would have been 0.48%.

 

See Notes to Financial Statements.

 

134   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Financial Highlights (continued)

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

 

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

 

WisdomTree International MidCap
Dividend Fund
 

For the
Six Months Ended
September 30, 2014

(unaudited)

   

For the

Period Ended
March 31, 2014

   

For the

Period Ended
March 28, 2013

   

For the

Year Ended
March 31, 2012

   

For the

Year Ended
March 31, 2011

   

For the

Year Ended
March 31, 2010

 

Net asset value, beginning of period

  $ 60.03      $ 51.77      $ 48.10      $ 53.80      $ 48.69      $ 31.55   

Investment operations:

           

Net investment income1

    1.34        1.83        1.51        1.79        1.53        1.26   

Net realized and unrealized gain (loss)

    (3.21     8.31        3.68        (5.69     5.19        17.27   

Total from investment operations

    (1.87     10.14        5.19        (3.90     6.72        18.53   

Dividends to shareholders:

           

Net investment income

    (1.38     (1.88     (1.52     (1.80     (1.61     (1.39

Net asset value, end of period

  $ 56.78      $ 60.03      $ 51.77      $ 48.10      $ 53.80      $ 48.69   

TOTAL RETURN2

    (3.25 )%      20.22     11.32     (7.21 )%      14.38     59.59

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 144,796      $ 141,082      $ 119,069      $ 105,823      $ 156,006      $ 146,069   

Ratios to average net assets3 of:

           

Expenses, net of expense waivers

    0.59 %4,5      0.58 %4      0.58 %4      0.58     0.58     0.58

Expenses, prior to expense waivers

    0.59 %4,5      0.58 %4      0.58 %4      0.58     0.58     0.58

Net investment income

    4.41 %4      3.27 %4      3.23 %4      3.69     3.14     2.88

Portfolio turnover rate6

    26     22     38     47     40     49

 

             
WisdomTree International SmallCap
Dividend Fund
 

For the
Six Months Ended
September 30, 2014

(unaudited)

   

For the

Period Ended
March 31, 2014

   

For the

Period Ended
March 28, 2013

   

For the

Year Ended
March 31, 2012

   

For the

Year Ended
March 31, 2011

   

For the

Year Ended
March 31, 2010

 

Net asset value, beginning of period

  $ 64.84      $ 55.38      $ 49.33      $ 53.15      $ 46.98      $ 29.08   

Investment operations:

           

Net investment income1

    1.25        1.91        1.82        1.77        1.43        1.20   

Net realized and unrealized gain (loss)

    (5.64     9.97        6.09        (3.66     6.14        17.91   

Total from investment operations

    (4.39     11.88        7.91        (1.89     7.57        19.11   

Dividends to shareholders:

           

Net investment income

    (1.35     (2.42     (1.86     (1.93     (1.40     (1.21

Net asset value, end of period

  $ 59.10      $ 64.84      $ 55.38      $ 49.33      $ 53.15      $ 46.98   

TOTAL RETURN2

    (6.89 )%      22.26     16.78     (3.41 )%      16.64     66.50

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 930,795      $ 923,997      $ 562,133      $ 424,264      $ 475,703      $ 429,870   

Ratios to average net assets3 of:

           

Expenses, net of expense waivers

    0.59 %4,5      0.58 %4      0.58 %4      0.58     0.58     0.58

Expenses, prior to expense waivers

    0.59 %4,5      0.58 %4      0.58 %4      0.58     0.58     0.58

Net investment income

    3.90 %4      3.20 %4      3.76 %4      3.65     2.99     2.87

Portfolio turnover rate6

    20     42     56     52     55     63
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. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Notes 2 and 3).

 

3 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

4 

Annualized.

 

5 

Included in the expense ratio are non-recurring proxy expenses that were incurred during the period (which are not annualized). Without these proxy expenses, the expense ratio (net of expense waivers) would have been 0.58% and the expense ratio (prior to expense waivers) would have been 0.58% for both WisdomTree International MidCap Dividend Fund and WisdomTree International SmallCap Dividend Fund.

 

6 

Portfolio turnover rate is not annualized 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 portfolio turnover calculation.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      135   


Table of Contents

Financial Highlights (continued)

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

 

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

 

WisdomTree Japan Hedged Capital Goods Fund   

For the Period
April 8, 2014*
through
September 30, 2014

(unaudited)

 

Net asset value, beginning of period

   $ 24.11   

Investment operations:

  

Net investment income1

     0.10   

Net realized and unrealized gain

     3.66   

Total from investment operations

     3.76   

Net asset value, end of period

   $ 27.87   

TOTAL RETURN2

     15.60

RATIOS/SUPPLEMENTAL DATA:

  

Net assets, end of period (000’s omitted)

   $ 2,787   

Ratios to average net assets of:

  

Expenses, net of expense waivers

     0.44 %3 

Expenses, prior to expense waivers

     0.49 %3 

Net investment income

     0.83 %3 

Portfolio turnover rate4

     17

 

             
WisdomTree Japan Hedged Equity
Fund
 

For the
Six Months Ended
September 30, 2014

(unaudited)

   

For the

Period Ended
March 31, 2014

   

For the

Period Ended
March 28, 2013

   

For the

Year Ended
March 31, 2012

   

For the

Year Ended
March 31, 2011

   

For the

Year Ended
March 31, 2010

 

Net asset value, beginning of period

  $ 47.50      $ 42.95      $ 36.66      $ 36.94      $ 42.12      $ 32.02   

Investment operations:

           

Net investment income1

    0.38        0.88        1.54        0.81        1.79        0.73   

Net realized and unrealized gain (loss)

    4.89        4.91        5.30        (0.34     (6.52     9.89   

Total from investment operations

    5.27        5.79        6.84        0.47        (4.73     10.62   

Dividends and distributions to shareholders:

           

Net investment income

    (0.55     (0.62     (0.55     (0.75     (0.45     (0.52

Capital gains

           (0.62                            

Total dividends and distributions to shareholders

    (0.55     (1.24     (0.55     (0.75     (0.45     (0.52

Net asset value, end of period

  $ 52.22      $ 47.50      $ 42.95      $ 36.66      $ 36.94      $ 42.12   

TOTAL RETURN2

    11.15     13.48     19.12     1.46     (11.25 )%      33.33

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 10,863,770      $ 11,441,824      $ 5,632,633      $ 606,707      $ 494,981      $ 54,751   

Ratios to average net assets5 of:

           

Expenses, net of expense waivers

    0.49 %3,6      0.48 %3      0.48 %3      0.48     0.48     0.48

Expenses, prior to expense waivers

    0.49 %3,6      0.48 %3      0.48 %3      0.48     0.48     0.48

Net investment income

    1.56 %3      1.84 %3      4.22 %3      2.41     5.40     1.72

Portfolio turnover rate4

    20     24     36     41     28     13
* Commencement of operations.

 

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. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Notes 2 and 3).

 

3 

Annualized.

 

4 

Portfolio turnover rate is not annualized 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 portfolio turnover calculation.

 

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 

Included in the expense ratio are non-recurring proxy expenses that were incurred during the period (which are not annualized). Without these proxy expenses, the expense ratio (net of expense waivers) would have been 0.48% and the expense ratio (prior to expense waivers) would have been 0.48%.

 

See Notes to Financial Statements.

 

136   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Financial Highlights (continued)

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

 

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

 

WisdomTree Japan Hedged Financials Fund   

For the Period
April 8, 2014*
through
September 30, 2014

(unaudited)

 

Net asset value, beginning of period

   $ 23.83   

Investment operations:

  

Net investment income1

     0.20   

Net realized and unrealized gain

     2.14   

Total from investment operations

     2.34   

Net asset value, end of period

   $ 26.17   

TOTAL RETURN2

     9.82

RATIOS/SUPPLEMENTAL DATA:

  

Net assets, end of period (000’s omitted)

   $ 7,850   

Ratios to average net assets of:

  

Expenses, net of expense waivers

     0.43 %3 

Expenses, prior to expense waivers

     0.48 %3 

Net investment income

     1.66 %3 

Portfolio turnover rate4

     9

 

   
WisdomTree Japan Hedged Health Care Fund   

For the Period
April 8, 2014*
through
September 30, 2014

(unaudited)

 

Net asset value, beginning of period

   $ 24.20   

Investment operations:

  

Net investment income1

     0.07   

Net realized and unrealized gain

     4.10   

Total from investment operations

     4.17   

Net asset value, end of period

   $ 28.37   

TOTAL RETURN2

     17.23

RATIOS/SUPPLEMENTAL DATA:

  

Net assets, end of period (000’s omitted)

   $ 1,419   

Ratios to average net assets of:

  

Expenses, net of expense waivers

     0.44 %3 

Expenses, prior to expense waivers

     0.49 %3 

Net investment income

     0.59 %3 

Portfolio turnover rate4

     13
* Commencement of operations.

 

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. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Notes 2 and 3).

 

3 

Annualized.

 

4 

Portfolio turnover rate is not annualized 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 portfolio turnover calculation.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      137   


Table of Contents

Financial Highlights (continued)

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

 

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

 

WisdomTree Japan Hedged Real Estate Fund   

For the Period
April 8, 2014*
through
September 30, 2014

(unaudited)

 

Net asset value, beginning of period

   $ 24.32   

Investment operations:

  

Net investment income1

     0.23   

Net realized and unrealized gain

     2.37   

Total from investment operations

     2.60   

Net asset value, end of period

   $ 26.92   

TOTAL RETURN2

     10.69

RATIOS/SUPPLEMENTAL DATA:

  

Net assets, end of period (000’s omitted)

   $ 20,189   

Ratios to average net assets of:

  

Expenses, net of expense waivers

     0.43 %3 

Expenses, prior to expense waivers

     0.48 %3 

Net investment income

     1.80 %3 

Portfolio turnover rate4

     11

 

     
WisdomTree Japan Hedged SmallCap Equity Fund   

For the
Six Months Ended
September 30, 2014

(unaudited)

     For the Period
June 28, 2013*
through
March 31, 2014
 

Net asset value, beginning of period

   $ 29.08       $ 26.17   

Investment operations:

     

Net investment income1

     0.16         0.59   

Net realized and unrealized gain

     2.51         2.38   

Total from investment operations

     2.67         2.97   

Dividends to shareholders:

     

Net investment income

     (0.24      (0.06

Net asset value, end of period

   $ 31.51       $ 29.08   

TOTAL RETURN2

     9.21      11.37

RATIOS/SUPPLEMENTAL DATA:

     

Net assets, end of period (000’s omitted)

   $ 88,236       $ 75,614   

Ratios to average net assets of:

     

Expenses

     0.59 %3,5       0.58 %3 

Net investment income

     1.07 %3       2.75 %3 

Portfolio turnover rate4

     28      19
* Commencement of operations.

 

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. The total return would have been lower for the WisdomTree Japan Hedged Real Estate Fund if certain expenses had not been reimbursed/waived by the investment adviser (Notes 2 and 3).

 

3 

Annualized.

 

4 

Portfolio turnover rate is not annualized 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 portfolio turnover calculation.

 

5 

Included in the expense ratio are non-recurring proxy expenses that were incurred during the period (which are not annualized). Without these proxy expenses, the annualized expense ratio would have been 0.58%.

 

See Notes to Financial Statements.

 

138   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Financial Highlights (continued)

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

 

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

 

WisdomTree Japan Hedged Tech, Media and Telecom Fund   

For the Period
April 8, 2014*
through
September 30, 2014

(unaudited)

 

Net asset value, beginning of period

   $ 24.02   

Investment operations:

  

Net investment income1

     0.10   

Net realized and unrealized gain

     2.98   

Total from investment operations

     3.08   

Net asset value, end of period

   $ 27.10   

TOTAL RETURN2

     12.82

RATIOS/SUPPLEMENTAL DATA:

  

Net assets, end of period (000’s omitted)

   $ 2,710   

Ratios to average net assets of:

  

Expenses, net of expense waivers

     0.44 %3 

Expenses, prior to expense waivers

     0.49 %3 

Net investment income

     0.81 %3 

Portfolio turnover rate4

     11

 

             
WisdomTree Japan SmallCap
Dividend Fund
 

For the
Six Months Ended
September 30, 2014

(unaudited)

   

For the

Period Ended
March 31, 2014

   

For the

Period Ended
March 28, 2013

   

For the

Year Ended
March 31, 2012

   

For the

Year Ended
March 31, 2011

   

For the

Year Ended
March 31, 2010

 

Net asset value, beginning of period

  $ 50.28      $ 48.84      $ 45.45      $ 43.25      $ 41.54      $ 31.47   

Investment operations:

           

Net investment income1

    0.24        0.72        0.78        0.68        0.99        0.79   

Net realized and unrealized gain

    1.32        1.84        3.58        2.42        1.47        9.96   

Total from investment operations

    1.56        2.56        4.36        3.10        2.46        10.75   

Dividends to shareholders:

           

Net investment income

    (0.44     (1.12     (0.97     (0.90     (0.75     (0.68

Net asset value, end of period

  $ 51.40      $ 50.28      $ 48.84      $ 45.45      $ 43.25      $ 41.54   

TOTAL RETURN2

    3.07     5.41     9.97     7.36     6.02     34.37

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 300,713      $ 284,106      $ 192,914      $ 193,172      $ 235,685      $ 157,850   

Ratios to average net assets5 of:

           

Expenses, net of expense waivers

    0.59 %3,6      0.58 %3      0.58 %3      0.58     0.58     0.58

Expenses, prior to expense waivers

    0.59 %3,6      0.58 %3      0.58 %3      0.58     0.58     0.58

Net investment income

    0.94 %3      1.44 %3      1.84 %3      1.58     2.51     2.09

Portfolio turnover rate4

    29     21     41     36     39     45
* Commencement of operations.

 

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. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Notes 2 and 3).

 

3 

Annualized.

 

4 

Portfolio turnover rate is not annualized 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 portfolio turnover calculation.

 

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 

Included in the expense ratio are non-recurring proxy expenses that were incurred during the period (which are not annualized). Without these proxy expenses, the expense ratio (net of expense waivers) would have been 0.58% and the expense ratio (prior to expense waivers) would have been 0.58%.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      139   


Table of Contents

Financial Highlights (concluded)

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

 

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

 

WisdomTree Korea Hedged Equity Fund   

For the
Six Months Ended
September 30, 2014

(unaudited)

     For the Period
November 7, 2013*
through
March 31, 2014
 

Net asset value, beginning of period

   $ 23.29       $ 25.01   

Investment operations:

     

Net investment income (loss)1

     (0.06      0.06   

Net realized and unrealized loss

     (1.18      (1.55

Total from investment operations

     (1.24      (1.49

Dividends to shareholders:

     

Net investment income

     (0.06      (0.23

Net asset value, end of period

   $ 21.99       $ 23.29   

TOTAL RETURN2

     (5.34 )%       (5.97 )% 

RATIOS/SUPPLEMENTAL DATA:

     

Net assets, end of period (000’s omitted)

   $ 8,797       $ 8,151   

Ratios to average net assets of:

     

Expenses

     0.59 %3,4       0.58 %3 

Net investment income (loss)

     (0.53 )%3       0.64 %3 

Portfolio turnover rate5

     9      37

 

     
WisdomTree United Kingdom Hedged Equity Fund   

For the
Six Months Ended
September 30, 2014

(unaudited)

     For the Period
June 28, 2013*
through
March 31, 2014
 

Net asset value, beginning of period

   $ 25.52       $ 24.99   

Investment operations:

     

Net investment income1

     0.49         1.40   

Net realized and unrealized gain (loss)

     (0.20      0.91   

Total from investment operations

     0.29         2.31   

Dividends to shareholders:

     

Net investment income

     (0.54      (1.78

Net asset value, end of period

   $ 25.27       $ 25.52   

TOTAL RETURN2

     1.09      9.36

RATIOS/SUPPLEMENTAL DATA:

     

Net assets, end of period (000’s omitted)

   $ 21,478       $ 16,590   

Ratios to average net assets of:

     

Expenses

     0.49 %3,4       0.48 %3 

Net investment income

     3.77 %3       6.98 %3 

Portfolio turnover rate5

     12      12
* Commencement of operations.

 

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 

Included in the expense ratio are non-recurring proxy expenses that were incurred during the period (which are not annualized). Without these proxy expenses, the annualized expense ratio would have been 0.58% and 0.48%, for WisdomTree Korea Hedged Equity Fund and WisdomTree United Kingdom Hedged Equity Fund, respectively.

 

5 

Portfolio turnover rate is not annualized 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 portfolio turnover calculation.

 

See Notes to Financial Statements.

 

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Notes to Financial Statements (unaudited)

 

1. ORGANIZATION

WisdomTree Trust (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Trust was established as a Delaware statutory trust on December 15, 2005. As of September 30, 2014, the Trust offered 69 investment funds (each a “Fund”, collectively, the “Funds”). In accordance with ASU 2013-08, each Fund qualifies as an investment company and is applying the accounting and reporting guidance for investment companies. These notes relate only to the Funds listed in the table below:

 

Fund    Commencement
of Operations
 

WisdomTree Australia Dividend Fund (“Australia Dividend Fund”)

     June 16, 2006   

WisdomTree DEFA Equity Income Fund (“DEFA Equity Income Fund”)

     June 16, 2006   

WisdomTree DEFA Fund (“DEFA Fund”)

     June 16, 2006   

WisdomTree Europe Dividend Growth Fund (“Europe Dividend Growth Fund”)

     May 7, 2014   

WisdomTree Europe Hedged Equity Fund (“Europe Hedged Equity Fund”)

     December 31, 2009   

WisdomTree Europe SmallCap Dividend Fund (“Europe SmallCap Dividend Fund”)

     June 16, 2006   

WisdomTree Germany Hedged Equity Fund (“Germany Hedged Equity Fund”)

     October 17, 2013   

WisdomTree International Dividend ex-Financials Fund (“International Dividend ex-Financials Fund”)

     June 16, 2006   

WisdomTree International Hedged Dividend Growth Fund (“International Hedged Dividend Growth Fund”)

     May 7, 2014   

WisdomTree International LargeCap Dividend Fund (“International LargeCap Dividend Fund”)

     June 16, 2006   

WisdomTree International MidCap Dividend Fund (“International MidCap Dividend Fund”)

     June 16, 2006   

WisdomTree International SmallCap Dividend Fund (“International SmallCap Dividend Fund”)

     June 16, 2006   

WisdomTree Japan Hedged Capital Goods Fund (“Japan Hedged Capital Goods Fund”)

     April 8, 2014   

WisdomTree Japan Hedged Equity Fund (“Japan Hedged Equity Fund”)

     June 16, 2006   

WisdomTree Japan Hedged Financials Fund (“Japan Hedged Financials Fund”)

     April 8, 2014   

WisdomTree Japan Hedged Health Care Fund (“Japan Hedged Health Care Fund”)

     April 8, 2014   

WisdomTree Japan Hedged Real Estate Fund (“Japan Hedged Real Estate Fund”)

     April 8, 2014   

WisdomTree Japan Hedged SmallCap Equity Fund (“Japan Hedged SmallCap Equity Fund”)

     June 28, 2013   

WisdomTree Japan Hedged Tech, Media and Telecom Fund (“Japan Hedged Tech, Media and Telecom Fund”)

     April 8, 2014   

WisdomTree Japan SmallCap Dividend Fund (“Japan SmallCap Dividend Fund”)

     June 16, 2006   

WisdomTree Korea Hedged Equity Fund (“Korea Hedged Equity Fund”)

     November 7, 2013   

WisdomTree United Kingdom Hedged Equity Fund (“United Kingdom Hedged Equity Fund”)

     June 28, 2013   

Each 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”). 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 mark of WisdomTree Investments and has been licensed for use by the Trust. Each Fund described herein is considered to be non-diversified.

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.

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 the national securities exchanges are open for trading as of the close of regular trading on the New York Stock Exchange, generally 4:00 p.m. New York time. NAV per

 

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Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

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 or large investors may purchase or redeem. Shares of each Fund are listed on a national securities exchange and trade at market prices. Most investors will buy and sell shares 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. 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 or system on which they are principally traded. Unlisted equity securities (including preferred stock) are valued at the last quoted sale price or, if no sale price is available, at the mean between the highest bid and lowest ask price. Short-term debt securities with remaining maturities of 60 days or less generally are valued on the basis of amortized cost which approximates fair value. Each Fund may invest in money market funds which are valued at their NAV per share and affiliated ETFs which are valued at their last sale or official closing price on the exchange on which they are principally traded. Forward foreign currency contracts are valued daily using WM/Reuters closing spot and forward rates as of 4:00 p.m. London time. Except for the Korea Hedged Equity Fund, which values forward foreign currency contracts daily using Tullett Prebon closing spot and forward rates as of 2:00 p.m. Singapore time.

In certain instances, such as when reliable market valuations are not readily available or are not deemed to reflect current market values, a Fund’s investments will be fair valued in accordance with the Fund’s pricing policy. The Board of Trustees of the Trust 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 a national securities exchange, 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). Price movements in U.S. markets that are deemed to affect the value of foreign securities, or reflect changes to the value of such securities, also may cause securities to be fair valued. The Funds may rely on an independent fair value service in adjusting the valuations of foreign securities. 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 each Fund would receive upon selling an investment in an orderly transaction to an independent buyer in the principal or most advantageous market of the investment. 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 or which has been de-listed from its primary trading exchange; (iv) a security that is thinly traded; (v) a security in default or bankruptcy proceedings for which there is no current market quotation or market activity; (vi) a security affected by currency controls or restrictions; and (vii) a security affected by a significant event (e.g., an event that occurs after the close of the markets on 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).

 

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Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

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, 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. Short-term investments having a maturity of 60 days or less are generally valued at amortized cost which approximates fair market value. These investments are categorized as Level 2 of the fair value hierarchy. 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 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 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 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 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, book values, 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 Pricing Committee meets at least on a monthly basis to review and discuss the appropriateness of such fair values using more current information such as, recent security news, recent market transactions, updated corporate action information and/or other macro or security specific events. Also, when observable inputs become available, the Pricing Committee conducts back testing of the methodologies used to value Level 3 financial instruments to substantiate the unobservable inputs used to value those investments. Such back testing includes comparing Level 3 investment values to observable inputs such as exchange-traded prices, transaction prices, and/or vendor prices.

The following is a summary of the fair valuations according to the inputs used as of September 30, 2014 in valuing each Fund’s assets:

 

Australia Dividend Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 47,242,817       $       $   

Investment of Cash Collateral for Securities Loaned

             7,903,317           

Total

     47,242,817         7,903,317           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (31        

Total - Net

   $ 47,242,817       $ 7,903,286       $   

 

DEFA Equity Income Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 325,370,661       $       $   

Rights

                          

China

             4,202           

Other*

     24,865                   

Investment of Cash Collateral for Securities Loaned

             29,467,032           

Total

   $ 325,395,526       $ 29,471,234       $   

 

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Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

 

DEFA Fund    Level 1      Level 2      Level 3  

Common Stocks

                          

Finland

   $ 6,153,361       $ 291,502       $   

Other*

     569,337,254                   

Exchange-Traded Funds

     100,620                   

Rights

                          

China

             6,935           

Portugal

                     1,209   

Spain

     21,605                   

Investment of Cash Collateral for Securities Loaned

             52,509,678           

Total

   $ 575,612,840       $ 52,808,115       $ 1,209   

 

Europe Dividend Growth Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 14,027,082       $       $   

Investment of Cash Collateral for Securities Loaned

             148,542           

Total

     14,027,082         148,542           

Unrealized Appreciation on Forward Foreign Currency Contracts

             11           

Total - Net

   $ 14,027,082       $ 148,553       $   

 

Europe Hedged Equity Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 2,920,672,346       $       $   

Rights

     1,286,452                   

Investment of Cash Collateral for Securities Loaned

             114,700,199           

Total

     2,921,958,798         114,700,199           

Unrealized Appreciation on Forward Foreign Currency Contracts

             106,494,036           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (60,238        

Total - Net

   $ 2,921,958,798       $ 221,133,997       $   

 

Europe SmallCap Dividend Fund    Level 1      Level 2      Level 3  

Common Stocks

                          

Spain

   $ 20,738,378       $       $ 0   

Other*

     972,315,391                   

Exchange-Traded Funds

     4,756                   

Rights*

     919,490                   

Investment of Cash Collateral for Securities Loaned

             118,811,622           

Total

   $ 993,978,015       $ 118,811,622       $ 0   

 

Germany Hedged Equity Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 14,385,318       $       $   

Investment of Cash Collateral for Securities Loaned

             228,562           

Total

     14,385,318         228,562           

Unrealized Appreciation on Forward Foreign Currency Contracts

             527,296           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (1,243        

Total - Net

   $ 14,385,318       $ 754,615       $   

 

144   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

 

International Dividend ex-Financials Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 389,806,342       $       $   

Exchange-Traded Funds

     2,013,188                   

Investment of Cash Collateral for Securities Loaned

             27,847,700           

Total

     391,819,530         27,847,700           

Unrealized Appreciation on Forward Foreign Currency Contracts

             20           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (30        

Total - Net

   $ 391,819,530       $ 27,847,690       $   

 

International Hedged Dividend Growth Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 7,387,419       $       $   

Rights

             163           

Investment of Cash Collateral for Securities Loaned

             239,866           

Total

     7,387,419         240,029           

Unrealized Appreciation on Forward Foreign Currency Contracts

             253,627           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (3,617        

Total - Net

   $ 7,387,419       $ 490,039       $   

 

International LargeCap Dividend Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 337,702,695       $       $   

Exchange-Traded Funds

     496,331                   

Rights

     9,921                   

Investment of Cash Collateral for Securities Loaned

             22,877,995           

Total

     338,208,947         22,877,995           

Unrealized Appreciation on Forward Foreign Currency Contracts

             68           

Total - Net

   $ 338,208,947       $ 22,878,063       $   

 

International MidCap Dividend Fund    Level 1      Level 2     Level 3  

Common Stocks

                         

Finland

   $ 3,147,928       $ 356,869      $   

Other*

     140,575,802                  

Exchange-Traded Funds

     8,745                  

Investment of Cash Collateral for Securities Loaned

             35,441,898          

Total

   $ 143,732,475       $ 35,798,767      $   

 

International SmallCap Dividend Fund    Level 1      Level 2      Level 3  

Common Stocks

                          

Japan

   $ 255,992,077       $ 1,035,419       $   

Spain

     4,958,705                 0   

Other*

     661,814,587                   

Exchange-Traded Funds

     134,266                   

Rights

                          

China

             108,023           

Portugal

                     115,612   

Other*

     317,509                   

Investment of Cash Collateral for Securities Loaned

             182,833,361           

Total

   $ 923,217,144       $ 183,976,803       $ 115,612   

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      145   


Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

 

Japan Hedged Capital Goods Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 2,746,960       $       $   

Investment of Cash Collateral for Securities Loaned

             820,698           

Total

     2,746,960         820,698           

Unrealized Appreciation on Forward Foreign Currency Contracts

             207,517           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (10,872        

Total - Net

   $ 2,746,960       $ 1,017,343       $   

 

Japan Hedged Equity Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 10,693,061,071       $       $   

Investment of Cash Collateral for Securities Loaned

             1,222,890,117           

Total

     10,693,061,071         1,222,890,117           

Unrealized Appreciation on Forward Foreign Currency Contracts

             542,845,189           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (2,789,697        

Total - Net

   $ 10,693,061,071       $ 1,762,945,609       $   

 

Japan Hedged Financials Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 7,739,118       $       $   

Investment of Cash Collateral for Securities Loaned

             1,464,035           

Total

     7,739,118         1,464,035           

Unrealized Appreciation on Forward Foreign Currency Contracts

             369,059           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (229        

Total - Net

   $ 7,739,118       $ 1,832,865       $   

 

Japan Hedged Health Care Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 1,396,844       $       $   

Investment of Cash Collateral for Securities Loaned

             443,976           

Total

     1,396,844         443,976           

Unrealized Appreciation on Forward Foreign Currency Contracts

             148,173           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (11,650        

Total - Net

   $ 1,396,844       $ 580,499       $   

 

Japan Hedged Real Estate Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 19,921,560       $       $   

Investment of Cash Collateral for Securities Loaned

             5,109,186           

Total

     19,921,560         5,109,186           

Unrealized Appreciation on Forward Foreign Currency Contracts

             1,072,717           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (590        

Total - Net

   $ 19,921,560       $ 6,181,313       $   

 

Japan Hedged SmallCap Equity Fund    Level 1      Level 2      Level 3  

Common Stocks

                          

Banks

   $ 7,096,324       $ 156,036       $   

Other*

     79,715,351                   

Investment of Cash Collateral for Securities Loaned

             21,759,510           

Total

     86,811,675         21,915,546           

Unrealized Appreciation on Forward Foreign Currency Contracts

             4,766,154           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (33,310        

Total - Net

   $ 86,811,675       $ 26,648,390       $   

 

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Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

 

Japan Hedged Tech, Media and Telecom Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 2,676,827       $       $   

Investment of Cash Collateral for Securities Loaned

             806,820           

Total

     2,676,827         806,820           

Unrealized Appreciation on Forward Foreign Currency Contracts

             205,969           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (10,902        

Total - Net

   $ 2,676,827       $ 1,001,887       $   

 

Japan SmallCap Dividend Fund    Level 1      Level 2      Level 3  

Common Stocks

                          

Banks

   $ 21,309,024       $ 651,531       $   

Media

     5,126,054         222,718           

Other*

     270,969,404                   

Exchange-Traded Funds

     188,404                   

Investment of Cash Collateral for Securities Loaned

             86,682,276           

Total

     297,592,886         87,556,525           

Unrealized Appreciation on Forward Foreign Currency Contracts

             6           

Total - Net

   $ 297,592,886       $ 87,556,531       $   

 

Korea Hedged Equity Fund    Level 1      Level 2      Level 3  

Common Stocks

                          

Auto Components

   $ 692,787       $       $ 67,250   

Other*

     8,006,714                   

Total

     8,699,501                 67,250   

Unrealized Appreciation on Forward Foreign Currency Contracts

             354,549           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (2,656        

Total - Net

   $ 8,699,501       $ 351,893       $ 67,250   

 

United Kingdom Hedged Equity Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 21,323,668       $       $   

Investment of Cash Collateral for Securities Loaned

             77,792           

Total

     21,323,668         77,792           

Unrealized Appreciation on Forward Foreign Currency Contracts

             527,895           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (1,450        

Total - Net

   $ 21,323,668       $ 604,237       $   
  * Please refer to Schedule of Investments for a breakdown of the valuation by industry type and country.

The following is a summary of transfers between fair value measurement levels that occurred during the six months ended September 30, 2014. The Funds have elected to use the beginning of period method for transfers between fair value measurement levels.

 

Fund    Transfers from
Level 1 to Level 21
     Transfers from
Level 1 to Level 32
 

DEFA Fund

   $ 436,131       $   

International MidCap Dividend Fund

     444,557           

International SmallCap Dividend Fund

     227,437           

Japan Hedged SmallCap Equity Fund

     125,222           

Japan SmallCap Dividend Fund

     825,072           

Korea Hedged Equity Fund

             63,540   
  1 

Transfers from Level 1 to Level 2 are as a result of the unavailability of a quoted price in an active market for identical investments.

 

  2 

Transfers from Level 1 to Level 3 are as a result of the unavailability of a quoted price in an active market for identical investments.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      147   


Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

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 of gains and losses on derivative instruments, and disclosures about credit-risk- related contingent features in derivative agreements. The Funds have invested in derivatives, specifically forward foreign currency contracts for the six months or period ended September 30, 2014 which are detailed in the tables herein. The Funds’ derivative agreements contain credit-risk related contingent features which include, but are not limited to, a percentage decline in the Funds’ NAV over a specified time period. If an event occurred at September 30, 2014 that triggered a contingent feature, the counterparty to the agreement may require the Funds to post additional collateral or terminate the derivative positions and demand payment. Any collateral posted with respect to the derivative positions would be used to offset or reduce the payment. The maximum exposure to derivatives agreements with credit-risk related contingent features would be the total value of derivatives in net liability positions for each Fund, as disclosed in page 160. At September 30, 2014, the Funds did not receive or post collateral with any counterparty for derivatives and no event occurred that triggered a credit-risk-related contingent feature.

The Funds listed below have invested in derivatives, specifically forward foreign currency contracts for the six months or period ended September 30, 2014, which are detailed in the tables herein. 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 investment. Risks may arise upon entering into forward foreign currency contracts from the potential inability of a counterparty 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.

As of September 30, 2014, the effect 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  

Australia Dividend Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts    $       Unrealized depreciation on forward foreign currency contracts    $ 31   

Europe Dividend Growth Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      11       Unrealized depreciation on forward foreign currency contracts        
  

 

  

 

 

    

 

  

 

 

 

Europe Hedged Equity Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      106,494,036       Unrealized depreciation on forward foreign currency contracts      60,238   

Germany Hedged Equity Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      527,296       Unrealized depreciation on forward foreign currency contracts      1,243   

International Dividend ex-Financials Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      20       Unrealized depreciation on forward foreign currency contracts      30   

International Hedged Dividend Growth Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      253,627       Unrealized depreciation on forward foreign currency contracts      3,617   

International LargeCap Dividend Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      68       Unrealized depreciation on forward foreign currency contracts        

Japan Hedged Capital Goods Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      207,517       Unrealized depreciation on forward foreign currency contracts      10,872   

Japan Hedged Equity Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      542,845,189       Unrealized depreciation on forward foreign currency contracts      2,789,697   

Japan Hedged Financials Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      369,059       Unrealized depreciation on forward foreign currency contracts      229   

Japan Hedged Health Care Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      148,173       Unrealized depreciation on forward foreign currency contracts      11,650   

 

148   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

      Asset Derivatives      Liability Derivatives  
Fund    Balance Sheet Location    Value      Balance Sheet Location    Value  

Japan Hedged Real Estate Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts    $ 1,072,717       Unrealized depreciation on forward foreign currency contracts    $ 590   

Japan Hedged SmallCap Equity Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      4,766,154       Unrealized depreciation on forward foreign currency contracts      33,310   

Japan Hedged Tech, Media and Telecom Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      205,969       Unrealized depreciation on forward foreign currency contracts      10,902   

Japan SmallCap Dividend Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      6       Unrealized depreciation on forward foreign currency contracts        

Korea Hedged Equity Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      354,549       Unrealized depreciation on forward foreign currency contracts      2,656   

United Kingdom Hedged Equity Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      527,895       Unrealized depreciation on forward foreign currency contracts      1,450   

For the six months or period ended September 30, 2014, the effect of derivative instruments on each 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
 

Australia Dividend Fund

     

Foreign exchange contracts

   $ (1,678    $ (31

DEFA Equity Income Fund

     

Foreign exchange contracts

     (7,430        

DEFA Fund

     

Foreign exchange contracts

     (8,386        

Europe Dividend Growth Fund3

     

Foreign exchange contracts

     (77      11   

Europe Hedged Equity Fund

     

Foreign exchange contracts

     36,437,834         104,427,025   

Europe SmallCap Dividend Fund

     

Foreign exchange contracts

     2,480         8,424   

Germany Hedged Equity Fund

     

Foreign exchange contracts

     188,276         506,350   

International Dividend ex-Financials Fund

     

Foreign exchange contracts

     (7,055      (10

International Hedged Dividend Growth Fund3

     

Foreign exchange contracts

     60,798         250,010   

International LargeCap Dividend Fund

     

Foreign exchange contracts

     (4,343      68   

International MidCap Dividend Fund

     

Foreign exchange contracts

     (2,405        

International SmallCap Dividend Fund

     

Foreign exchange contracts

     (9,018      1   

Japan Hedged Capital Goods Fund4

     

Foreign exchange contracts

     41,011         196,645   

Japan Hedged Equity Fund

     

Foreign exchange contracts

     101,926,866         438,278,874   

Japan Hedged Financials Fund4

     

Foreign exchange contracts

     65,291         368,830   

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      149   


Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

Fund    Amount of Realized
Gain or (Loss) on Derivatives
Recognized1
     Change in Unrealized
Appreciation or (Depreciation) on
Derivatives Recognized2
 

Japan Hedged Health Care Fund4

     

Foreign exchange contracts

   $ 27,601       $ 136,523   

Japan Hedged Real Estate Fund4

     

Foreign exchange contracts

     205,810         1,072,127   

Japan Hedged SmallCap Equity Fund

     

Foreign exchange contracts

     917,602         4,107,355   

Japan Hedged Tech, Media and Telecom Fund4

     

Foreign exchange contracts

     52,592         195,067   

Japan SmallCap Dividend Fund

     

Foreign exchange contracts

     (209      6   

Korea Hedged Equity Fund

     

Foreign exchange contracts

     (184,691      383,834   

United Kingdom Hedged Equity Fund

     

Foreign exchange contracts

     356,321         406,259   

 

  1 

Realized gains (losses) on derivatives are located on the Statement of Operations as follows:

 

Foreign exchange contracts

   Net realized gain (loss) from forward foreign currency contracts and foreign
currency related transactions

 

  2 

Change in unrealized appreciation (depreciation) is located on the Statement of Operations as follows:

 

Foreign exchange contracts

   Net change in unrealized appreciation (depreciation) from forward foreign
currency contracts and foreign currency related transactions

 

  3 

For the period May 7, 2014 (commencement of operations) through September 30, 2014.

 

  4 

For the period April 8, 2014 (commencement of operations) through September 30, 2014.

During the six months or period ended September 30, 2014, the volume of derivative activity (based on the average of month-end balances) for the Funds was as follows:

 

      Average Notional  
Fund    Forward foreign
currency contracts
(to deliver)
     Forward foreign
currency contracts
(to receive)
 

Australia Dividend Fund

  

Foreign exchange contracts

   $       $ 8,904   

DEFA Equity Income Fund

  

Foreign exchange contracts

     15,144         101,521   

DEFA Fund

  

Foreign exchange contracts

     135,461         250,855   

Europe Dividend Growth Fund1

  

Foreign exchange contracts

             3,537   

Europe Hedged Equity Fund

  

Foreign exchange contracts

     1,691,143,807         3,558,456,044   

Europe SmallCap Dividend Fund

  

Foreign exchange contracts

     1,148,607         761,693   

Germany Hedged Equity Fund

  

Foreign exchange contracts

     9,902,374         21,084,951   

International Dividend ex-Financials Fund

  

Foreign exchange contracts

             244,161   

International Hedged Dividend Growth Fund1

  

Foreign exchange contracts

     5,488,893         10,929,289   

International LargeCap Dividend Fund

  

Foreign exchange contracts

     57,857         69,208   

International MidCap Dividend Fund

  

Foreign exchange contracts

             23,457   

International SmallCap Dividend Fund

  

Foreign exchange contracts

     369,675         128,786   

 

150   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

      Average Notional  
Fund    Forward foreign
currency contracts
(to deliver)
     Forward foreign
currency contracts
(to receive)
 

Japan Hedged Capital Goods Fund2

  

Foreign exchange contracts

   $ 2,759,361       $ 5,792,771   

Japan Hedged Equity Fund

  

Foreign exchange contracts

     9,314,240,226         19,931,596,332   

Japan Hedged Financials Fund2

  

Foreign exchange contracts

     5,178,940         10,901,445   

Japan Hedged Health Care Fund2

  

Foreign exchange contracts

     2,156,391         4,570,654   

Japan Hedged Real Estate Fund2

  

Foreign exchange contracts

     13,570,270         27,789,067   

Japan Hedged SmallCap Equity Fund

  

Foreign exchange contracts

     71,610,751         154,892,641   

Japan Hedged Tech, Media and Telecom Fund2

  

Foreign exchange contracts

     2,510,326         5,283,182   

Japan SmallCap Dividend Fund

  

Foreign exchange contracts

             74,935   

Korea Hedged Equity Fund

  

Foreign exchange contracts

     7,272,040         15,683,818   

United Kingdom Hedged Equity Fund

  

Foreign exchange contracts

     17,700,777         37,574,098   
  1 

For the period May 7, 2014 (commencement of operations) through September 30, 2014.

 

  2 

For the period April 8, 2014 (commencement of operations) through September 30, 2014.

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 is recognized on the ex-dividend date, net of any foreign taxes withheld. Interest income including amortization of premiums and discounts, is accrued daily. The value of additional securities received as dividend payments is recorded as income and as an increase to the cost basis of such securities.

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 change in unrealized appreciation (depreciation) from investment transactions, respectively, on the Statement of Operations. Net realized and unrealized foreign exchange gains or losses arising from sales of foreign currencies, including gains and losses of forward foreign currency contracts, 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 forward foreign currency contracts and foreign currency related transactions and/or net change in unrealized appreciation (depreciation) from forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies in the Statement 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/Reimbursements — Under the Investment Advisory Agreement for each Fund, except Europe Dividend Growth Fund, Germany Hedged Equity Fund, International Hedged Dividend Growth Fund, Japan Hedged Capital Goods Fund, Japan Hedged Financials Fund, Japan Hedged Health Care Fund, Japan Hedged Real Estate Fund, Japan Hedged SmallCap Equity Fund, Japan Hedged Tech, Media and Telecom Fund, Korea Hedged Equity Fund and United Kingdom Hedged Equity Fund, WTAM has agreed to pay all expenses of the Trust, except for: (i) brokerage expenses and other expenses (such as stamp taxes) connected with the execution of portfolio transactions or in connection with creation and redemption transactions; (ii) legal fees or expenses in connection with any arbitration, litigation or pending or threatened arbitration or litigation, including any settlements in connection therewith; (iii) compensation and expenses of trustees who are not interested persons of the Funds (“Independent Trustees”); (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s Chief Compliance Officer (“CCO”); (vi) extraordinary expenses; (vii) distribution fees and expenses paid by the Trust under any distribution plan adopted pursuant to Rule 12b-1 under the 1940 Act; and (viii) the advisory fee payable to WTAM.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      151   


Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

Under the investment advisory agreement for Europe Dividend Growth Fund, Germany Hedged Equity Fund, International Hedged Dividend Growth Fund, Japan Hedged Capital Goods Fund, Japan Hedged Financials Fund, Japan Hedged Health Care Fund, Japan Hedged Real Estate Fund, Japan Hedged SmallCap Equity Fund, Japan Hedged Tech, Media and Telecom Fund, Korea Hedged Equity Fund and United Kingdom Hedged Equity 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 partition or repatriation of any security or other asset, related to the execution of portfolio transactions or any creation or redemption transactions); (ii) legal fees or expenses in connection with any arbitration, litigation or pending or threatened arbitration or litigation, including any settlements in connection therewith; (iii) compensation and expenses of each Independent Trustee; (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s CCO; (vi) extraordinary expenses (in each case as determined by a majority of the Independent Trustees); (vii) distribution fees and expenses paid by the Trust under any distribution plan adopted pursuant to Rule 12b-1 under the 1940 Act; (viii) interest and taxes of any kind or nature (including, but not limited to, income, excise, transfer and withholding taxes); (ix) fees and expenses related to the provision of securities lending services; and (x) the advisory fee payable to WTAM.

The internal expenses of pooled investment vehicles in which the Fund may invest (acquired fund fees and expenses) are not expenses of the Fund and are not paid by WTAM.

During the six months or period ended September 30, 2014, the Trust incurred expenses pertaining to proxy printing, mailing and solicitation. These proxy expenses are not paid by WTAM. During the period, each Fund in the Trust borne its pro rate allocation of these proxy expenses.

Pursuant to a separate contractual arrangement, WTAM arranges for the provision of CCO services with respect to each Fund, and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees. WTAM receives a fee, as shown on the Statements of Operations under “Service fees”, of up to 0.0044% of each Fund’s average daily net assets for providing such services and paying such expenses. WTAM provides CCO services to the Trust.

Currency Transactions — The Funds may enter into foreign currency forward and foreign currency futures contracts to facilitate local securities settlements or to protect against currency exposure in connection with distributions to shareholders. The Funds, other than Europe Hedged Equity Fund, Germany Hedged Equity Fund, International Hedged Dividend Growth Fund, Japan Hedged Capital Goods Fund, Japan Hedged Equity Fund, Japan Hedged Financials Fund, Japan Hedged Health Care Fund, Japan Hedged Real Estate Fund, Japan Hedged SmallCap Equity Fund, Japan Hedged Tech, Media and Telecom Fund, Korea Hedged Equity Fund and the United Kingdom Hedged Equity Fund, do not expect to engage in currency transactions for the purpose of hedging against declines in the value of a Fund’s assets that are denominated in one or more foreign currencies. The Funds may not enter into such contracts for speculative purposes.

Forward Foreign Currency Contracts — A forward foreign currency contract (“Forward Contract”) involves an obligation to purchase or sell a specific currency at a future date, which may be any fixed number of days from the date of the contract agreed upon by the parties, at a price set at the time of the contract. These contracts are principally traded in the inter-bank market conducted directly between currency traders (usually large, commercial banks) and their customers. A Forward Contract generally does not require an initial margin deposit and no commissions are charged at any stage for trades. However, if a Fund is in an unrealized loss position on a Forward Contract, it may be required to pledge collateral (or additional collateral) to the counterparty. If a Fund is in an unrealized gain position on a Forward Contract, it may receive collateral from the counterparty.

Risks may arise upon entering into Forward Contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of foreign currencies relative to the U.S. dollar or each other.

Fluctuations in the value of open Forward Contracts are recorded for book purposes as unrealized gains or losses on Forward Contracts by the Funds. Realized gains and losses on Forward Contracts include net gains or losses recognized by the Funds on contracts which have matured or were sold.

The following Forward Contracts were open at September 30, 2014:

 

Fund    Settlement Date           Contracts
To Deliver
            In
Exchange For
     Unrealized
Gain (Loss)
 

Australia Dividend Fund

                                               
     10/2/2014      AUD        18,000         USD        15,720       $ (31

Europe Dividend Growth Fund

                                               
     10/1/2014      GBP        2,461         USD        4,000       $ 11   

 

152   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

Fund    Settlement Date           Contracts
To Deliver
            In
Exchange For
     Unrealized
Gain (Loss)
 

Europe Hedged Equity Fund

                                               
   10/2/2014      USD        4,200,000         EUR        3,324,758       $   
   10/2/2014      USD        4,200,000         EUR        3,324,758           
   10/3/2014      EUR               142,092,524         USD               187,188,713         7,689,190   
   10/3/2014      EUR        426,264,324         USD        561,566,162         23,084,329   
   10/3/2014      EUR        124,326,239         USD        163,790,123         6,734,002   
   10/3/2014      EUR        266,415,782         USD        350,978,816         14,426,938   
   10/3/2014      EUR        408,499,573         USD        538,167,550         22,127,182   
   10/3/2014      EUR        408,504,844         USD        538,167,550         22,120,523   
   10/3/2014      EUR        8,603,773         USD        11,334,679         465,894   
   10/3/2014      EUR        26,670,489         USD        34,567,354         875,645   
   10/3/2014      EUR        33,364,265         USD        43,209,192         1,061,516   
   10/3/2014      EUR        66,906,455         USD        86,418,384         1,898,268   
   10/3/2014      EUR        35,619,987         USD        46,089,805         1,092,571   
   10/3/2014      EUR        4,452,289         USD        5,761,226         136,837   
   10/3/2014      EUR        24,480,303         USD        31,686,741         761,802   
   10/3/2014      EUR        20,003,082         USD        25,925,515         656,460   
   10/3/2014      EUR        4,458,208         USD        5,761,226         129,359   
   10/3/2014      EUR        31,405,371         USD        40,328,579         655,492   
   10/3/2014      EUR        40,434,035         USD        51,851,030         772,410   
   10/3/2014      EUR        4,478,600         USD        5,761,226         103,599   
   10/3/2014      EUR        81,021,350         USD        103,702,061         1,351,190   
   10/3/2014      EUR        63,576,905         USD        80,657,158         343,122   
   10/3/2014      USD        187,188,713         EUR        148,180,260         1,191   
   10/3/2014      USD        169,551,349         EUR        134,217,302         (264
   10/3/2014      USD        641,681,839         EUR        507,955,856         (2,522
   10/3/2014      USD        673,556,352         EUR        533,193,233         4,284   
   10/3/2014      USD        350,978,816         EUR        277,837,970         2,232   
   10/3/2014      USD        889,956,021         EUR        704,491,570         (1,384
   11/4/2014      EUR        506,332,648         USD        639,749,275         (11,932
   11/4/2014      EUR        133,787,660         USD        169,040,708         (2,618
   11/4/2014      EUR        702,235,871         USD        887,275,725         (13,038
   11/4/2014      EUR        531,487,693         USD        671,527,791         (17,309
   11/4/2014      EUR        147,705,920         USD        186,624,953         (4,367
   11/4/2014      EUR        276,947,490         USD        349,921,769         (6,804
                                            $ 106,433,798   

Germany Hedged Equity Fund

                                               
   10/3/2014      EUR        3,077,413         USD        4,054,261       $ 166,694   
   10/3/2014      EUR        5,973,880         USD        7,870,037         323,485   
   10/3/2014      EUR        1,034,429         USD        1,326,522         19,771   
   10/3/2014      EUR        1,036,398         USD        1,326,522         17,284   
   10/3/2014      USD        100,000         EUR        78,434         (918
   10/3/2014      USD        4,777,522         EUR        3,781,890         (19
   10/3/2014      USD        4,922,296         EUR        3,896,534         31   
   10/3/2014      USD        4,777,524         EUR        3,781,931         31   
   11/4/2014      EUR        3,752,312         USD        4,741,031         (88
   11/4/2014      EUR        3,866,046         USD        4,884,699         (126
   11/4/2014      EUR        3,752,316         USD        4,741,033         (92
                                            $ 526,053   

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      153   


Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

Fund    Settlement Date           Contracts
To Deliver
            In
Exchange For
     Unrealized
Gain (Loss)
 

International Dividend ex-Financials Fund

                                               
   10/2/2014      AUD        58,000         USD        50,772       $ 20   
   10/2/2014      EUR        33,000         USD        41,679         (9
   10/2/2014      GBP        82,000         USD        132,913         (21
                                            $ (10

International Hedged Dividend Growth Fund

                                               
   10/2/2014      USD        27,354         EUR        21,653       $   
   10/3/2014      AUD        206,527         USD        192,748         12,349   
   10/3/2014      AUD        200,454         USD        187,078         11,984   
   10/3/2014      AUD        200,453         USD        187,079         11,985   
   10/3/2014      AUD        128,142         USD        113,270         1,339   
   10/3/2014      CHF        244,523         USD        267,060         11,160   
   10/3/2014      CHF        237,332         USD        259,209         10,835   
   10/3/2014      CHF        237,331         USD        259,203         10,829   
   10/3/2014      CHF        148,503         USD        158,272         2,860   
   10/3/2014      DKK        294,309         USD        52,045         2,122   
   10/3/2014      DKK        303,227         USD        53,622         2,185   
   10/3/2014      DKK        294,310         USD        52,045         2,121   
   10/3/2014      DKK        184,462         USD        31,880         589   
   10/3/2014      EUR        520,293         USD        685,447         28,469   
   10/3/2014      EUR        504,992         USD        665,281         27,623   
   10/3/2014      EUR        504,990         USD        665,284         27,629   
   10/3/2014      EUR        315,287         USD        405,582         7,467   
   10/3/2014      GBP        255,331         USD        423,937         9,832   
   10/3/2014      GBP        247,823         USD        411,471         9,543   
   10/3/2014      GBP        247,822         USD        411,469         9,542   
   10/3/2014      GBP        152,370         USD        249,233         2,114   
   10/3/2014      JPY        18,334,008         USD        176,524         9,356   
   10/3/2014      JPY        17,794,773         USD        171,330         9,079   
   10/3/2014      JPY        17,794,772         USD        171,333         9,081   
   10/3/2014      JPY        11,317,352         USD        103,973         782   
   10/3/2014      NOK        300,178         USD        48,541         1,840   
   10/3/2014      NOK        291,350         USD        47,113         1,785   
   10/3/2014      NOK        291,349         USD        47,114         1,786   
   10/3/2014      NOK        178,314         USD        28,077         335   
   10/3/2014      NZD        4,293         USD        3,583         242   
   10/3/2014      NZD        4,169         USD        3,479         235   
   10/3/2014      NZD        4,167         USD        3,478         235   
   10/3/2014      NZD        2,350         USD        1,891         62   
   10/3/2014      SEK        589,886         USD        84,609         2,886   
   10/3/2014      SEK        572,538         USD        82,119         2,799   
   10/3/2014      SEK        572,537         USD        82,120         2,800   
   10/3/2014      SEK        358,753         USD        50,254         552   
   10/3/2014      SGD        52,447         USD        42,025         910   
   10/3/2014      SGD        54,037         USD        43,299         937   
   10/3/2014      SGD        52,449         USD        42,027         910   
   10/3/2014      SGD        32,311         USD        25,465         135   
   10/3/2014      USD        13,792         AUD        15,761           
   10/3/2014      USD        214,520         AUD        245,168         (368
   10/3/2014      USD        214,583         AUD        245,241         (368
   10/3/2014      USD        214,519         AUD        245,167         (368

 

154   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

Fund    Settlement Date           Contracts
To Deliver
            In
Exchange For
     Unrealized
Gain (Loss)
 

International Hedged Dividend Growth Fund (continued)

  

                                 
   10/3/2014      USD        302,674         CHF        289,202       $ (17
   10/3/2014      USD        302,762         CHF        289,287         (16
   10/3/2014      USD        302,672         CHF        289,200         (16
   10/3/2014      USD        25,717         CHF        24,573           
   10/3/2014      USD        60,877         DKK        358,734         (25
   10/3/2014      USD        60,896         DKK        358,841         (26
   10/3/2014      USD        60,878         DKK        358,733         (26
   10/3/2014      USD        3,137         DKK        18,488           
   10/3/2014      USD        777,067         EUR        615,127         (342
   10/3/2014      USD        777,290         EUR        615,310         (334
   10/3/2014      USD        777,063         EUR        615,125         (340
   10/3/2014      USD        39,375         EUR        31,170           
   10/3/2014      USD        488,246         GBP        301,175         210   
   10/3/2014      USD        488,102         GBP        301,086         210   
   10/3/2014      USD        488,100         GBP        301,085         211   
   10/3/2014      USD        32,684         GBP        20,161           
   10/3/2014      USD        46,241         JPY        5,072,462           
   10/3/2014      USD        198,289         JPY        21,751,317         38   
   10/3/2014      USD        198,232         JPY        21,744,795         35   
   10/3/2014      USD        198,231         JPY        21,744,793         36   
   10/3/2014      USD        55,068         NOK        353,696         (40
   10/3/2014      USD        55,084         NOK        353,801         (39
   10/3/2014      USD        55,067         NOK        353,694         (40
   10/3/2014      USD        5,841         NOK        37,514           
   10/3/2014      USD        3,891         NZD        4,993         (5
   10/3/2014      USD        3,892         NZD        4,994         (5
   10/3/2014      USD        3,891         NZD        4,992         (5
   10/3/2014      USD        96,808         SEK        697,836         (130
   10/3/2014      USD        96,837         SEK        698,044         (130
   10/3/2014      USD        96,808         SEK        697,834         (129
   10/3/2014      USD        7,356         SEK        53,022           
   10/3/2014      USD        49,981         SGD        63,741         (12
   10/3/2014      USD        49,997         SGD        63,760         (13
   10/3/2014      USD        49,983         SGD        63,743         (12
   10/6/2014      ILS        28,281         USD        7,926         247   
   10/6/2014      ILS        29,139         USD        8,167         255   
   10/6/2014      ILS        28,283         USD        7,926         247   
   10/6/2014      ILS        17,317         USD        4,731         29   
   10/6/2014      USD        20,316         HKD        157,754           
   10/6/2014      USD        9,322         ILS        34,346         4   
   10/6/2014      USD        9,319         ILS        34,336         4   
   10/6/2014      USD        9,320         ILS        34,338         3   
   11/4/2014      CHF        310,523         USD        325,069         13   
   11/4/2014      CHF        310,614         USD        325,162         11   
   11/4/2014      CHF        310,521         USD        325,064         11   
   11/4/2014      DKK        410,454         USD        69,664         28   
   11/4/2014      DKK        410,452         USD        69,662         26   
   11/4/2014      DKK        410,576         USD        69,686         29   
   11/4/2014      EUR        640,567         USD        809,354         338   
   11/4/2014      EUR        640,565         USD        809,355         341   

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      155   


Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

Fund    Settlement Date           Contracts
To Deliver
            In
Exchange For
     Unrealized
Gain (Loss)
 

International Hedged Dividend Growth Fund (continued)

  

                                 
   11/4/2014      EUR        640,758         USD        809,589       $ 332   
   11/4/2014      GBP        307,988         USD        499,154         (217
   11/4/2014      GBP        307,986         USD        499,150         (217
   11/4/2014      GBP        308,078         USD        499,299         (217
   11/4/2014      NOK        372,435         USD        57,919         40   
   11/4/2014      NOK        372,434         USD        57,920         41   
   11/4/2014      NOK        372,545         USD        57,936         40   
   11/4/2014      SEK        740,669         USD        102,736         136   
   11/4/2014      SEK        740,667         USD        102,736         136   
   11/4/2014      SEK        740,890         USD        102,767         136   
   11/5/2014      ILS        33,565         USD        9,110         (5
   11/5/2014      ILS        33,556         USD        9,103         (9
   11/5/2014      ILS        33,554         USD        9,107         (4
   11/5/2014      NZD        5,193         USD        4,034         6   
   11/5/2014      NZD        5,193         USD        4,034         6   
   11/5/2014      NZD        5,192         USD        4,033         6   
   11/5/2014      SGD        67,877         USD        53,220         12   
   11/5/2014      SGD        67,859         USD        53,206         12   
   11/5/2014      SGD        67,857         USD        53,205         13   
   11/6/2014      AUD        238,180         USD        207,900         354   
   11/6/2014      AUD        238,110         USD        207,838         353   
   11/6/2014      AUD        238,108         USD        207,837         354   
   11/6/2014      JPY        24,722,899         USD        225,424         (49
   11/6/2014      JPY        24,715,485         USD        225,359         (46
   11/6/2014      JPY        24,715,483         USD        225,358         (47
                                            $ 250,010   

International LargeCap Dividend Fund

                                               
   10/2/2014      AUD        160,000         USD        140,062       $ 54   
   10/3/2014      HKD        1,029,000         EUR        104,912         14   
                                            $ 68   

Japan Hedged Capital Goods Fund

                                               
   10/2/2014      USD        3,088         JPY        338,523       $ (2
   10/3/2014      JPY        133,782,835         USD        1,288,064         68,467   
   10/3/2014      JPY        137,834,181         USD        1,327,096         70,564   
   10/3/2014      JPY        133,781,522         USD        1,288,065         68,480   
   10/3/2014      USD        1,293,067         JPY        140,658,535         (10,789
   10/3/2014      USD        887,453         JPY        97,349,156         6   
   10/3/2014      USD        861,353         JPY        94,485,083         (4
   10/3/2014      USD        861,352         JPY        94,485,146         (2
   11/6/2014      JPY        104,661,821         USD        954,308         (33
   11/6/2014      JPY        101,582,147         USD        926,241         (19
   11/6/2014      JPY        101,582,500         USD        926,240         (23
                                            $ 196,645   

Japan Hedged Equity Fund

                                               
   10/1/2014      USD        7,536,000         JPY        824,785,056       $ (17,106
   10/3/2014      JPY        74,125,119,982         USD        713,238,748         37,495,837   
   10/3/2014      JPY        112,812,585,694         USD        1,086,159,897         57,732,489   
   10/3/2014      JPY        77,693,122,604         USD        747,995,038         39,725,334   
   10/3/2014      JPY        108,863,675,174         USD        1,048,161,977         55,733,813   
   10/3/2014      JPY        113,942,027,433         USD        1,097,058,459         58,334,781   

 

156   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

Fund    Settlement Date           Contracts
To Deliver
            In
Exchange For
     Unrealized
Gain (Loss)
 

Japan Hedged Equity Fund (continued)

                                               
   10/3/2014      JPY        108,526,049,278         USD        1,044,446,651       $ 55,096,368   
   10/3/2014      JPY        108,431,950,615         USD        1,043,241,858         54,749,402   
   10/3/2014      JPY        113,099,622,897         USD        1,088,983,255         57,939,145   
   10/3/2014      JPY        111,409,875,097         USD        1,072,679,382         57,039,430   
   10/3/2014      JPY        6,272,741,673         USD        60,395,254         3,211,391   
   10/3/2014      JPY        108,926,223,386         USD        1,049,100,566         56,102,197   
   10/3/2014      JPY        1,833,575,858         USD        17,447,008         731,677   
   10/3/2014      JPY        1,575,602,374         USD        14,954,578         590,997   
   10/3/2014      JPY        3,970,103,980         USD        37,386,445         1,193,996   
   10/3/2014      JPY        2,395,768,259         USD        22,431,867         591,451   
   10/3/2014      JPY        2,407,995,870         USD        22,431,867         479,982   
   10/3/2014      JPY        14,423,600,646         USD        134,591,201         3,102,093   
   10/3/2014      JPY        2,715,656,688         USD        24,924,297         167,699   
   10/3/2014      JPY        8,165,064,996         USD        74,772,890         338,140   
   10/3/2014      USD        4,984,859         JPY        541,829,249         (45,410
   10/3/2014      USD        1,088,983,255         JPY        119,417,903,743         (340,135
   10/3/2014      USD        1,178,345,262         JPY        129,258,583,515         7,926   
   10/3/2014      USD        1,044,446,651         JPY        114,575,797,614         54,633   
   10/3/2014      USD        1,086,159,897         JPY        119,195,187,096         452,883   
   10/3/2014      USD        1,171,831,349         JPY        128,491,307,417         (472,839
   10/3/2014      USD        713,238,748         JPY        78,185,231,555         (482,857
   10/3/2014      USD        1,221,078,212         JPY        133,944,709,171         (5,144
   10/3/2014      USD        1,043,241,858         JPY        114,412,334,566         (230,744
   10/3/2014      USD        775,411,765         JPY        85,058,018,149         (1,853
   10/3/2014      USD        1,072,679,382         JPY        117,607,494,763         (540,398
   11/6/2014      JPY        117,583,252,209         USD        1,072,679,382         516,020   
   11/6/2014      JPY        129,232,659,919         USD        1,178,345,262         (41,290
   11/6/2014      JPY        119,393,074,925         USD        1,088,983,255         317,325   
   11/6/2014      JPY        78,167,543,234         USD        713,238,748         480,984   
   11/6/2014      JPY        128,463,535,014         USD        1,171,831,349         457,935   
   11/6/2014      JPY        133,917,357,019         USD        1,221,078,212         (24,972
   11/6/2014      JPY        30,427,984,692         USD        277,447,864         (4,662
   11/6/2014      JPY        114,553,133,122         USD        1,044,446,651         (87,073
   11/6/2014      JPY        119,169,662,339         USD        1,086,159,897         (468,882
   11/6/2014      JPY        114,389,383,245         USD        1,043,241,858         201,261   
   11/6/2014      JPY        85,040,881,549         USD        775,411,765         (19,393
   11/6/2014      JPY        30,428,234,395         USD        277,447,864         (6,939
                                            $ 540,055,492   

Japan Hedged Financials Fund

                                               
   10/2/2014      USD        15,045         JPY        1,650,361       $   
   10/3/2014      JPY        215,446,966         USD        2,074,328         110,260   
   10/3/2014      JPY        221,971,239         USD        2,137,185         113,640   
   10/3/2014      JPY        215,444,684         USD        2,074,328         110,281   
   10/3/2014      JPY        133,602,571         USD        1,252,815         34,861   
   10/3/2014      USD        2,563,143         JPY        281,163,971         17   
   10/3/2014      USD        2,487,757         JPY        272,891,518         (11
   10/3/2014      USD        2,487,756         JPY        272,891,906         (6
   11/6/2014      JPY        295,339,408         USD        2,692,909         (94

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      157   


Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

Fund    Settlement Date           Contracts
To Deliver
            In
Exchange For
     Unrealized
Gain (Loss)
 

Japan Hedged Financials Fund (continued)

                                               
   11/6/2014      JPY        286,649,015         USD        2,613,708       $ (53
   11/6/2014      JPY        286,650,103         USD        2,613,706         (65
                                            $ 368,830   

Japan Hedged Health Care Fund

                                               
   10/3/2014      JPY        98,419,598         USD        947,586       $ 50,369   
   10/3/2014      JPY        95,523,187         USD        919,717         48,904   
   10/3/2014      JPY        95,524,014         USD        919,717         48,897   
   10/3/2014      USD        1,391,266         JPY        151,340,524         (11,608
   10/3/2014      USD        474,556         JPY        52,056,420         3   
   10/3/2014      USD        460,600         JPY        50,524,964         (2
   10/3/2014      USD        460,598         JPY        50,524,837         (1
   11/6/2014      JPY        53,185,482         USD        484,946         (17
   11/6/2014      JPY        51,620,573         USD        470,684         (10
   11/6/2014      JPY        51,620,698         USD        470,683         (12
                                            $ 136,523   

Japan Hedged Real Estate Fund

  

                
   10/3/2014      JPY        691,551,226         USD        6,658,270       $ 353,918   
   10/3/2014      JPY        712,493,525         USD        6,860,035         364,768   
   10/3/2014      JPY        691,543,902         USD        6,658,270         353,985   
   10/3/2014      USD        6,860,035         JPY        752,511,539         46   
   10/3/2014      USD        6,658,270         JPY        730,370,937         (28
   10/3/2014      USD        6,658,270         JPY        730,372,269         (16
   11/6/2014      JPY        756,474,452         USD        6,897,545         (242
   11/6/2014      JPY        734,214,708         USD        6,694,678         (137
   11/6/2014      JPY        734,217,946         USD        6,694,677         (167
                                            $ 1,072,127   

Japan Hedged SmallCap Equity Fund

                                               
   10/2/2014      JPY        1,716,726         USD        15,650       $   
   10/2/2014      JPY        1,716,726         USD        15,650           
   10/3/2014      JPY        3,072,612,927         USD        29,583,183         1,572,484   
   10/3/2014      JPY        3,165,661,337         USD        30,479,642         1,620,691   
   10/3/2014      JPY        3,072,580,282         USD        29,583,182         1,572,781   
   10/3/2014      USD        3,088,824         JPY        335,455,552         (30,728
   10/3/2014      USD        29,429,442         JPY        3,228,262,640         198   
   10/3/2014      USD        28,563,871         JPY        3,133,279,552         (121
   10/3/2014      USD        28,563,870         JPY        3,133,285,155         (68
   11/6/2014      JPY        3,315,345,037         USD        30,229,364         (1,059
   11/6/2014      JPY        3,217,788,158         USD        29,340,267         (600
   11/6/2014      JPY        3,217,802,609         USD        29,340,265         (734
                                            $ 4,732,844   

Japan Hedged Tech, Media and Telecom Fund

                                               
   10/3/2014      JPY        136,808,690         USD        1,317,197       $ 70,015   
   10/3/2014      JPY        132,782,461         USD        1,278,457         67,979   
   10/3/2014      JPY        132,783,612         USD        1,278,457         67,969   
   10/3/2014      USD        1,297,133         JPY        141,100,830         (10,823
   10/3/2014      USD        876,172         JPY        96,111,687         6   
   10/3/2014      USD        850,404         JPY        93,284,046         (3
   10/3/2014      USD        850,402         JPY        93,283,996         (2
   11/6/2014      JPY        102,080,776         USD        930,774         (33

 

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Fund    Settlement Date           Contracts
To Deliver
            In
Exchange For
     Unrealized
Gain (Loss)
 

Japan Hedged Tech, Media and Telecom Fund (continued)

                                               
   11/6/2014      JPY        99,077,142         USD        903,400       $ (18
   11/6/2014      JPY        99,077,375         USD        903,398         (23
                                            $ 195,067   

Japan SmallCap Dividend Fund

                                               
     10/2/2014      JPY        15,544,551         USD        141,713       $ 6   

Korea Hedged Equity Fund

                                               
   10/6/2014      KRW        3,070,108,890         USD        3,023,100       $ 114,519   
   10/6/2014      KRW        3,163,142,587         USD        3,114,402         117,682   
   10/6/2014      KRW        3,070,109,075         USD        3,021,910         113,329   
   10/6/2014      USD        2,997,529         KRW        3,163,142,587         (809
   10/6/2014      USD        2,909,367         KRW        3,070,109,075         (786
   10/6/2014      USD        2,909,642         KRW        3,070,108,890         (1,061
   11/5/2014      KRW        3,148,294,657         USD        2,978,998         2,232   
   11/5/2014      KRW        3,055,697,848         USD        2,895,257         6,043   
   11/5/2014      KRW        3,055,697,663         USD        2,889,959         744   
                                            $ 351,893   

United Kingdom Hedged Equity Fund

                                               
   10/3/2014      GBP        4,444,038         USD        7,378,645       $ 174,253   
   10/3/2014      GBP        4,578,788         USD        7,602,240         179,400   
   10/3/2014      GBP        4,444,046         USD        7,378,645         174,240   
   10/3/2014      USD        199,002         GBP        121,893         (1,397
   10/3/2014      USD        7,602,240         GBP        4,689,449         (3
   10/3/2014      USD        7,378,645         GBP        4,551,525         (3
   10/3/2014      USD        7,179,643         GBP        4,428,773         2   
   11/5/2014      GBP        4,561,406         USD        7,392,561         (24
   11/5/2014      GBP        4,427,243         USD        7,175,135         (14
   11/5/2014      GBP        4,307,836         USD        6,981,620         (9
                                            $ 526,445   

Currency Legend:

AUD — Australian dollar

CHF — Swiss franc

DKK — Danish krone

EUR — Euro

GBP — British pound

HKD — Hong Kong dollar

ILS — Israeli New shekel

JPY — Japanese yen

KRW — South Korean won

NOK — Norwegian krone

NZD — New Zealand dollar

SEK — Swedish krona

SGD — Singapore dollar

USD — U.S. dollar

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 high-grade debt obligations, 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 value of the investment of cash collateral for securities on loan along with the obligation to return such collateral are included on the Statements of Assets and Liabilities. The value of securities received as collateral for securities on loan are not included on the Statements of Assets and Liabilities because the receiving Fund does not have the right to sell or repledge the securities received as collateral. Each Fund receives compensation for lending its securities from interest or dividends earned on the cash or U.S. government securities held as collateral, net of fee rebates paid to the borrower plus reasonable administrative and custody fees. The securities lending income earned by the Funds is disclosed on the Statements of Operations. The dividend and interest income earned on the

 

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securities loaned is accounted for in the same manner as other dividend and interest income. 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. The borrower pays to the Funds an amount equal to any dividends or interest received on loaned securities. The Funds retain all or a portion of the interest received on investment of cash collateral or receive a fee from the borrower. Lending portfolio securities could result in a loss or delay in recovering each Fund’s securities if the borrower defaults.

Master Netting Arrangements — Accounting Standards Update No. 2011-11 “Disclosures about Offsetting Assets and Liabilities” (“ASU 2011-11”) is 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. ASU 2011-11 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. ASU 2011-11 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 may enter into an International Swaps and Derivatives Association, Inc. Master Agreement (“ISDA Master Agreement”) or similar 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”), including Forward 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 exchange contracts, options and certain swaps). Generally, for transactions traded under an ISDA Master Agreement, the collateral requirements are calculated by netting the marked to market amount for each transaction under such agreement and comparing that amount to the value of any collateral currently pledged by a Fund and the counterparty. Generally, the amount of collateral due from or to a counterparty must exceed a minimum transfer amount threshold before a transfer is required to be made. 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 counterparty non-performance.

A Fund’s security lending activities are governed by a Securities Lending Authorization Agreement (“Lending Agreement”) between the Fund 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.

For financial reporting purposes, the Funds elect to not offset assets and liabilities subject to an ISDA Master Agreement or Lending Agreement, if any, in the Statements of Assets and Liabilities. Therefore, all qualifying transactions are presented on a gross basis in the Statements of Assets and Liabilities. As of September 30, 2014, the impact of netting of assets and liabilities and the offsetting of

 

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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
Statement of
Assets and Liabilities
    Gross Amounts Not Offset
in Statement of
Assets and Liabilities
                Gross Amounts in
Statement of
Assets and Liabilities
    Gross Amounts Not Offset
in Statement of
Assets and Liabilities
        
Fund     Financial
Instruments
    Collateral
Received
    Net
Amount
        Financial
Instruments
    Collateral
Pledged
    Net
Amount
 

Australia Dividend Fund

  

       

Securities Lending

  $ 7,506,905      $      $ (7,506,905 )1    $          $      $      $      $   

Forward Foreign Currency Contracts

                                    31                      31   

DEFA Equity Income Fund

  

       

Securities Lending

    28,462,867               (28,462,867 )1                                        

DEFA Fund

  

       

Securities Lending

    50,611,957               (50,611,957 )1                                        

Europe Dividend Growth Fund

  

       

Securities Lending

    161,547               (161,547 )1                                        

Forward Foreign Currency Contracts

    11                      11                                   

Europe Hedged Equity Fund

  

       

Securities Lending

    123,660,134               (123,660,134 )1                                        

Forward Foreign Currency Contracts

    106,494,036        (38,535            106,455,501            60,238        (38,535            21,703   

Europe SmallCap Dividend Fund

  

       

Securities Lending

    112,879,373               (112,879,373 )1                                        

Germany Hedged Equity Fund

  

       

Securities Lending

    217,577               (217,577 )1                                        

Forward Foreign Currency Contracts

    527,296        (157            527,139            1,243        (157            1,086   

International Dividend ex-Financials Fund

  

       

Securities Lending

    26,609,858               (26,609,858 )1                                        

Forward Foreign Currency Contracts

    20                      20            30                      30   

International Hedged Dividend Growth Fund

  

       

Securities Lending

    229,411               (229,411 )1                                        

Forward Foreign Currency Contracts

    253,627                      253,627            3,617                      3,617   

International LargeCap Dividend Fund

  

       

Securities Lending

    21,792,759               (21,792,759 )1                                        

Forward Foreign Currency Contracts

    68                      68                                   

International MidCap Dividend Fund

  

       

Securities Lending

    34,957,976               (34,957,976 )1                                        

International SmallCap Dividend Fund

  

       

Securities Lending

    173,875,228               (173,875,228 )1                                        

Japan Hedged Capital Goods Fund

  

       

Securities Lending

    780,223               (780,223 )1                                        

Forward Foreign Currency Contracts

    207,517                      207,517            10,872                      10,872   

Japan Hedged Equity Fund

  

       

Securities Lending

    1,162,249,323               (1,162,249,323 )1                                        

Forward Foreign Currency Contracts

    542,845,189        (1,085,008            541,760,181            2,789,697        (1,085,008            1,704,689   

 

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     Assets          Liabilities  
     Gross Amounts in
Statement of
Assets and Liabilities
    Gross Amounts Not Offset
in Statement of
Assets and Liabilities
                Gross Amounts in
Statement of
Assets and Liabilities
    Gross Amounts Not Offset
in Statement of
Assets and Liabilities
        
Fund     Financial
Instruments
    Collateral
Received
    Net
Amount
        Financial
Instruments
    Collateral
Pledged
    Net
Amount
 

Japan Hedged Financials Fund

  

       

Securities Lending

  $ 1,385,462      $      $ (1,385,462 )1    $          $      $      $      $   

Forward Foreign Currency Contracts

    369,059                      369,059            229                      229   

Japan Hedged Health Care Fund

  

       

Securities Lending

    422,413               (422,413 )1                                        

Forward Foreign Currency Contracts

    148,173                      148,173            11,650                      11,650   

Japan Hedged Real Estate Fund

  

       

Securities Lending

    4,858,710               (4,858,710 )1                                        

Forward Foreign Currency Contracts

    1,072,717                      1,072,717            590                      590   

Japan Hedged SmallCap Equity Fund

  

       

Securities Lending

    20,656,152               (20,656,152 )1                                        

Forward Foreign Currency Contracts

    4,766,154        (1,059            4,765,095            33,310        (1,059            32,251   

Japan Hedged Tech, Media and Telecom Fund

  

       

Securities Lending

    767,265               (767,265 )1                                        

Forward Foreign Currency Contracts

    205,969                      205,969            10,902                      10,902   

Japan SmallCap Dividend Fund

  

       

Securities Lending

    82,394,994               (82,394,994 )1                                        

Forward Foreign Currency Contracts

    6                      6                                   

Korea Hedged Equity Fund

  

       

Forward Foreign Currency Contracts

    354,549        (809            353,740            2,656        (809            1,847   

United Kingdom Hedged Equity Fund

  

       

Securities Lending

    74,036               (74,036 )1                                        

Forward Foreign Currency Contracts

    527,895        (27            527,868            1,450        (27            1,423   
  1 

The amount of collateral presented has been limited such that the net amount by counterparty cannot be less than zero.

Short-Term Investments — Each Fund may invest a portion of its assets in high-quality money market instruments on an ongoing basis to provide liquidity or for other reasons. The instruments include short-term obligations issued by the U.S. government, its agencies, non-U.S. government agencies, negotiable certificates of deposit (“CDs”), fixed time deposits and bankers’ acceptances of U.S. and foreign banks and similar institutions, commercial papers, repurchase agreements and money market funds. CDs are short-term negotiable obligations of commercial banks. Time deposits are non-negotiable deposits maintained in banking institutions for specified periods of time at stated interest rates. Banker’s acceptances are time drafts drawn on commercial banks by borrowers, usually in connection with international transactions.

Tax Information and Dividends and Distributions to Shareholders — It is each Fund’s policy to comply with all requirements of the Internal Revenue Code of 1986, as amended (the “Code”). Each Fund intends to qualify for and to elect treatment as a separate Regulated Investment Company (“RIC”) under Subchapter M of the Code. It is the policy of each Fund to pay out dividends, if any, to investors’ at least annually. 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 are 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

 

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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 TRANSACTIONS

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 Capital Management Corporation (“MCM”) to provide sub-advisory services to the Funds. MCM is 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 generally 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 of up to 0.0044% of each Fund’s average daily net assets. WTAM expects to receive 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

 

Australia Dividend Fund

     0.58

DEFA Equity Income Fund

     0.58

DEFA Fund

     0.48

Europe Dividend Growth Fund

     0.58

Europe Hedged Equity Fund

     0.58

Europe SmallCap Dividend Fund

     0.58

Germany Hedged Equity Fund

     0.48

International Dividend ex-Financials Fund

     0.58

International Hedged Dividend Growth Fund

     0.58

International LargeCap Dividend Fund

     0.48

International MidCap Dividend Fund

     0.58

International SmallCap Dividend Fund

     0.58

Japan Hedged Capital Goods Fund

     0.48 %* 

Japan Hedged Equity Fund

     0.48

Japan Hedged Financials Fund

     0.48 %* 

Japan Hedged Health Care Fund

     0.48 %* 

Japan Hedged Real Estate Fund

     0.48 %* 

Japan Hedged SmallCap Equity Fund

     0.58

Japan Hedged Tech, Media and Telecom Fund

     0.48 %* 

Japan SmallCap Dividend Fund

     0.58

Korea Hedged Equity Fund

     0.58

United Kingdom Hedged Equity Fund

     0.48
  * WTAM has contractually agreed to limit the advisory fee to 0.43% through July 31, 2015, unless earlier terminated by the Board of Trustees of the Trust for any reason at any time.

Each Fund may purchase shares of affiliated exchanged-traded funds (“ETF”) in secondary market transactions. WTAM waives its advisory fees for each Fund’s investment associated with daily uninvested cash in correlated affiliated ETFs net of any incremental costs as a result of these transactions (fund accounting, safekeeping, transaction fees, etc.) that are paid by WTAM out of the advisory fee received from the affiliated ETFs. Please see Note 7 for additional information on Other Affiliated Parties and Transactions. WTAM has also contractually agreed to limit the advisory fee to 0.43% through July 31, 2015, unless earlier terminated by the Board of Trustees of the Trust, for the Japan Hedged Capital Goods Fund, Japan Hedged Financials Fund, Japan Hedged Health Care Fund, Japan Hedged Real Estate Fund, and the Japan Hedged Tech, Media and Telecom Fund.

 

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For the six months or period ended September 30, 2014, the advisory fees waived by WTAM were as follows:

 

Fund    Advisory
Fees Waived
 

Australia Dividend Fund

   $   

DEFA Equity Income Fund

     1,346   

DEFA Fund

     2,461   

Europe Dividend Growth Fund1

       

Europe Hedged Equity Fund

       

Europe SmallCap Dividend Fund

     4,327   

Germany Hedged Equity Fund

       

International Dividend ex-Financials Fund

     8,656   

International Hedged Dividend Growth Fund1

       

International LargeCap Dividend Fund

     1,787   

International MidCap Dividend Fund

     2,077   

International SmallCap Dividend Fund

     6,399   

Japan Hedged Capital Goods Fund2

     733   

Japan Hedged Equity Fund

       

Japan Hedged Financials Fund2

     1,298   

Japan Hedged Health Care Fund2

     619   

Japan Hedged Real Estate Fund2

     3,043   

Japan Hedged SmallCap Equity Fund

       

Japan Hedged Tech, Media and Telecom Fund2

     690   

Japan SmallCap Dividend Fund

     1,472   

Korea Hedged Equity Fund

       

United Kingdom Hedged Equity Fund

       
  1 

For the period May 7, 2014 (commencement of operations) through September 30, 2014.

 

  2 

For the period April 8, 2014 (commencement of operations) through September 30, 2014.

4. CAPITAL SHARE TRANSACTIONS

As of September 30, 2014, 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 designated portfolio of equity securities constituting a portfolio sampling representation of the securities included in the relevant Fund’s underlying Index and an amount of cash. Investors purchasing and redeeming creation units may be charged a purchase transaction fee and a redemption transaction fee to offset transfer and other transaction costs associated with the issuance and redemption of creation units.

5. INVESTMENT PORTFOLIO TRANSACTIONS

Purchases and sales of investments (excluding in-kind capital share transactions and short-term investments) for the six months or period ended September 30, 2014 were as follows:

 

Fund    Purchases      Sales  

Australia Dividend Fund

   $ 11,827,756       $ 11,643,346   

DEFA Equity Income Fund

     58,016,337         58,171,236   

DEFA Fund

     101,683,604         101,214,084   

Europe Dividend Growth Fund1

     32,904,629         2,726,927   

Europe Hedged Equity Fund

     503,160,968         248,285,729   

Europe SmallCap Dividend Fund

     450,658,761         444,891,284   

Germany Hedged Equity Fund

     2,914,506         1,838,240   

International Dividend ex-Financials Fund

     153,662,575         153,710,255   

International Hedged Dividend Growth Fund1

     3,510,700         3,118,026   

 

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Notes to Financial Statements (unaudited) (continued)

 

Fund    Purchases      Sales  

International LargeCap Dividend Fund

   $ 35,951,918       $ 35,809,328   

International MidCap Dividend Fund

     38,492,615         38,715,243   

International SmallCap Dividend Fund

     189,182,905         187,538,518   

Japan Hedged Capital Goods Fund2

     628,930         518,034   

Japan Hedged Equity Fund

     2,605,263,044         2,088,797,254   

Japan Hedged Financials Fund2

     870,863         514,279   

Japan Hedged Health Care Fund2

     439,894         320,138   

Japan Hedged Real Estate Fund2

     3,014,179         1,542,066   

Japan Hedged SmallCap Equity Fund

     31,519,723         23,290,698   

Japan Hedged Tech, Media and Telecom Fund2

     532,736         305,529   

Japan SmallCap Dividend Fund

     93,338,169         85,650,373   

Korea Hedged Equity Fund

     1,661,700         730,175   

United Kingdom Hedged Equity Fund

     3,016,331         2,468,921   
  1 

For the period May 7, 2014 (commencement of operations) through September 30, 2014.

 

  2 

For the period April 8, 2014 (commencement of operations) through September 30, 2014.

For the six months or period ended September 30, 2014, the cost of purchases and the proceeds from sales resulting from in-kind capital share transactions were as follows:

 

Fund    Purchases      Sales  

Australia Dividend Fund

   $       $ 2,781,412   

DEFA Equity Income Fund

     38,608,304           

DEFA Fund

     34,097,314           

Europe Dividend Growth Fund1

     15,066,478           

Europe Hedged Equity Fund

     1,826,165,702         49,364,284   

Europe SmallCap Dividend Fund

     767,070,666         979,200,399   

Germany Hedged Equity Fund

     5,429,882           

International Dividend ex-Financials Fund

     65,480,067           

International Hedged Dividend Growth Fund1

     7,515,150           

International LargeCap Dividend Fund

     36,772,991           

International MidCap Dividend Fund

     11,769,869           

International SmallCap Dividend Fund

     286,999,674         188,787,359   

Japan Hedged Capital Goods Fund2

     3,715,504         1,225,299   

Japan Hedged Equity Fund

     610,079,889         2,102,683,788   

Japan Hedged Financials Fund2

     7,477,341           

Japan Hedged Health Care Fund2

     2,445,977         1,359,693   

Japan Hedged Real Estate Fund2

     19,129,716           

Japan Hedged SmallCap Equity Fund

     8,771,465         6,023,001   

Japan Hedged Tech, Media and Telecom Fund2

     3,624,417         1,292,068   

Japan SmallCap Dividend Fund

     15,835,797         13,296,781   

Korea Hedged Equity Fund

               

United Kingdom Hedged Equity Fund

     5,272,116           
  1 

For the period May 7, 2014 (commencement of operations) through September 30, 2014.

 

  2 

For the period April 8, 2014 (commencement of operations) through September 30, 2014.

Realized gains and losses on in-kind redemptions are not recognized by the Funds for tax purposes.

 

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Notes to Financial Statements (unaudited) (continued)

 

6. FEDERAL INCOME TAXES

At September 30, 2014, the cost of investments (including securities on loan) for Federal income tax purposes was as follows:

 

Fund    Tax Cost      Gross Unrealized
Appreciation
     Gross Unrealized
Depreciation
     Net Unrealized
Appreciation/
(Depreciation)
 

Australia Dividend Fund

   $ 55,120,230       $ 6,013,268       $ (5,987,364    $ 25,904   

DEFA Equity Income Fund

     326,213,469         42,519,895         (13,866,604      28,653,291   

DEFA Fund

     549,656,662         94,079,881         (15,314,379      78,765,502   

Europe Dividend Growth Fund

     15,256,229         124,544         (1,205,149      (1,080,605

Europe Hedged Equity Fund

     3,129,244,286         49,668,959         (142,254,248      (92,585,289

Europe SmallCap Dividend Fund

     1,263,642,850         13,138,689         (163,991,902      (150,853,213

Germany Hedged Equity Fund

     15,576,517         127,834         (1,090,471      (962,637

International Dividend ex-Financials Fund

     401,153,004         39,363,101         (20,848,875      18,514,226   

International Hedged Dividend Growth Fund

     8,130,313         61,402         (564,267      (502,865

International LargeCap Dividend Fund

     320,636,292         49,868,050         (9,417,400      40,450,650   

International MidCap Dividend Fund

     159,370,793         25,938,023         (5,777,574      20,160,449   

International SmallCap Dividend Fund

     1,056,409,999         111,654,269         (60,754,709      50,899,560   

Japan Hedged Capital Goods Fund

     3,500,544         113,489         (46,375      67,114   

Japan Hedged Equity Fund

     11,865,513,371         726,462,089         (676,024,272      50,437,817   

Japan Hedged Financials Fund

     9,278,756         136,872         (212,475      (75,603

Japan Hedged Health Care Fund

     1,771,398         116,809         (47,387      69,422   

Japan Hedged Real Estate Fund

     25,701,220         522,539         (1,193,013      (670,474

Japan Hedged SmallCap Equity Fund

     108,152,342         5,541,616         (4,966,737      574,879   

Japan Hedged Tech, Media and Telecom Fund

     3,456,703         104,312         (77,368      26,944   

Japan SmallCap Dividend Fund

     363,447,693         37,319,092         (15,617,374      21,701,718   

Korea Hedged Equity Fund

     9,056,535         608,343         (898,127      (289,784

United Kingdom Hedged Equity Fund

     21,943,591         1,000,951         (1,543,082      (542,131

7. OTHER AFFILIATED PARTIES AND TRANSACTIONS

Affiliated holdings are funds which are managed by or an affiliate of WTAM. Transactions with affiliated funds during the six months or period ended September 30, 2014 are as follows:

 

Fund    Value at
3/31/2014
     Purchases/
Additions
     Sales/
Reductions
     Value at
9/30/2014
     Dividend
Income
 

DEFA Equity Income Fund

                                            

WisdomTree International LargeCap Dividend Fund

   $ 89,234       $ 3,492,952       $ 3,532,941       $       $ 30,494   

DEFA Fund

                                            

WisdomTree International Dividend ex-Financials Fund

   $ 545,678       $ 6,061,830       $ 6,446,003       $ 100,620       $ 38,467   

Europe SmallCap Dividend Fund

                                            

WisdomTree International MidCap Dividend Fund

   $ 3,386,251       $ 2,134,251       $ 5,520,264       $ 4,756       $ 67,259   

International Dividend ex-Financials Fund

                                            

WisdomTree International LargeCap Dividend Fund

   $ 668,163       $ 5,657,042       $ 4,161,457       $ 2,013,188       $ 75,582   

International LargeCap Dividend Fund

                                            

WisdomTree International MidCap Dividend Fund

   $ 243,088       $ 2,274,897       $ 2,022,696       $ 496,331       $ 18,250   

International MidCap Dividend Fund

                                            

WisdomTree Australia Dividend Fund

   $ 611,578       $ 488,134       $ 1,064,348       $ 4,298       $ 7,195   

WisdomTree Japan Hedged Equity Fund

     627,160         466,834         1,111,002         4,447         4,404   

Total

   $ 1,238,738       $ 954,968       $ 2,175,350       $ 8,745       $ 11,599   

 

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Notes to Financial Statements (unaudited) (concluded)

 

Fund    Value at
3/31/2014
     Purchases/
Additions
     Sales/
Reductions
     Value at
9/30/2014
     Dividend
Income
 

International SmallCap Dividend Fund

                                            

WisdomTree Europe SmallCap Dividend Fund

   $ 3,378,621       $ 11,406,775       $ 14,425,250       $ 73,503       $ 55,037   

WisdomTree Japan SmallCap Dividend Fund

     2,819,491         9,157,531         12,011,958         60,763         20,995   

Total

   $ 6,198,112       $ 20,564,306       $ 26,437,208       $ 134,266       $ 76,032   

Japan SmallCap Dividend Fund

                                            

WisdomTree Japan Hedged Equity Fund

   $ 1,469,670       $ 1,193,567       $ 2,453,578       $ 188,404       $ 6,404   

8. RECENT ACCOUNTING PRONOUNCEMENT

In June 2014, The FASB issued ASU 2014-11 Transfers & Servicing (Topic 860): Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures to improve the financial reporting of repurchase agreements and other similar transactions. The guidance includes expanded disclosure requirements for entities that enter into repurchase agreements or securities lending transactions. The guidance is effective for financial statements with fiscal years beginning on or after January 1, 2015, and interim periods within those fiscal years. Management is evaluating the impact, if any, of this guidance on the Trust’s financial statement disclosures.

 

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Table of Contents

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

 

Approval of Investment Advisory and Sub-Advisory Agreements with respect to WisdomTree International Hedged Dividend Growth Fund (the “Fund”)

At a meeting held on December 11, 2013, the Board of Trustees (the “Board”) of the WisdomTree Trust (the “Trust”), 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 (i) the Investment Advisory Agreement (the “Investment Advisory Agreement”) between the Trust and WisdomTree Asset Management, Inc. (“WTAM”) with respect to the Fund, pursuant to which WTAM will provide the Fund with investment advisory services and (ii) the Sub-Investment Advisory Agreement pursuant to which Mellon Capital Management Corporation (“MCM”) will coordinate the investment and reinvestment of the assets of the Fund (the “MCM Sub-Advisory Agreement” and, together with the Investment Advisory Agreement, the “Agreements”).

In considering whether to approve the Agreements, the Board considered and discussed information and analysis provided by WTAM. The Board was assisted in its review by independent legal counsel. In considering the approval of the Agreements, the Board considered all factors that it deemed to be relevant, including those discussed below. The Board did not identify any particular factor as controlling, and each Trustee may have attributed different weights to the various factors.

Nature, Extent and Quality of Services to be Provided

The Board considered the nature, extent and quality of the services to be provided by WTAM and MCM, recognizing WTAM’s and MCM’s operational capabilities and resources. The Board noted the extensive responsibilities that WTAM has as investment adviser to the Fund, including the selection of MCM, oversight of MCM’s compliance with Fund policies and objectives, oversight of general Fund compliance with federal and state laws, and the implementation of Board directives as they relate to the Fund.

Comparative Analysis of the Funds’ 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 personnel and the investment strategies to be employed in management of the Fund’s assets. The Board considered the fee 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 fees to be paid to MCM in relation to the fees paid to WTAM by the Fund and the respective services to be provided. The Board noted that MCM’s fees will be paid by WTAM (out of its fees paid by the Fund) and not the Fund. After comparing the Fund’s fees with those of comparable funds, the Board concluded that the proposed level of fees for the Fund is reasonable and appropriate.

Costs of Services to be Provided, Profitability and Economies of Scale

As the Fund has not yet commenced operations, WTAM representatives were not able to review with the Board the dollar amount of expenses allocated and profit received by WTAM, or any economies of scale. The Board considered potential benefits to WTAM and MCM from acting as investment adviser and sub-investment adviser, respectively, to the Fund, including the potential “fall-out” benefits to MCM and its affiliates (i.e., ancillary benefits that may be realized by MCM and its affiliates from relation with the Fund, such as other service contracts). The Trustees also considered the uncertainty of the estimated asset levels and the renewal requirements for advisory agreements, as well as their ability to review the advisory fees annually after the initial term of the Agreements.

Conclusion

After consideration of the factors discussed above, the Board, including a majority of the Independent Trustees, determined that the approval of the Agreements was in the best interests of the Fund and approved the Agreements for the Fund.

Approval of Investment Advisory and Sub-Advisory Agreements with respect to WisdomTree Japan Hedged Capital Goods Fund, WisdomTree Japan Hedged Financials Fund, WisdomTree Japan Hedged Health Care Fund, WisdomTree Japan Hedged Real Estate Fund and WisdomTree Japan Hedged Tech, Media and Telecom Fund (each, a “Fund” and collectively, the “Funds”)

At a meeting held on January 17, 2014, the Board of Trustees (the “Board”) of the WisdomTree Trust (the “Trust”), 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 (i) the Investment Advisory Agreement (the “Investment Advisory Agreement”) between the Trust and WisdomTree Asset Management, Inc. (“WTAM”) with respect to each Fund, pursuant to which WTAM will provide the Funds with investment advisory services and (ii) the Sub-Investment Advisory Agreement pursuant to which Mellon Capital Management Corporation (“MCM”) will coordinate the investment and reinvestment of the assets of each Fund (the “MCM Sub-Advisory Agreement” and, together with the Investment Advisory Agreement, the “Agreements”).

In considering whether to approve the Agreements, the Board considered and discussed information and analysis provided by WTAM. The Board was assisted in its review by independent legal counsel. In considering the approval of the Agreements, the Board

 

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

 

considered all factors that it deemed to be relevant, including those discussed below. The Board did not identify any particular factor as controlling, and each Trustee may have attributed different weights to the various factors.

Nature, Extent and Quality of Services to be Provided

The Board considered the nature, extent and quality of the services to be provided by WTAM and MCM, recognizing WTAM’s and MCM’s operational capabilities and resources. The Board noted the extensive responsibilities that WTAM has as investment adviser to the Funds, including the selection of MCM, oversight of MCM’s compliance with Fund policies and objectives, oversight of general Fund compliance with federal and state laws, and the implementation of Board directives as they relate to the Funds.

Comparative Analysis of the Funds’ Performance, Advisory Fees and Fund Expenses

As the Funds had not yet commenced operations, the Board was not able to review the Funds’ performance. The Board discussed with WTAM representatives the portfolio management personnel and the investment strategies to be employed in management of the Funds’ assets. The Board considered the fee to be paid to WTAM by the Funds. The Board examined the fee to be paid by each Fund in light of fees paid to other investment advisers by comparable funds and the method of computing each Fund’s fee. The Board also considered the fees to be paid to MCM in relation to the fees paid to WTAM by the Funds and the respective services to be provided. The Board noted that MCM’s fees will be paid by WTAM (out of its fees paid by the Funds) and not the Funds. After comparing the Funds’ fees with those of comparable funds, the Board concluded that the proposed level of fees for each Fund is reasonable and appropriate.

Costs of Services to be Provided, Profitability and Economies of Scale

As the Funds had not yet commenced operations, WTAM representatives were not able to review with the Board the dollar amount of expenses allocated and profit received by WTAM, or any economies of scale. The Board considered potential benefits to WTAM and MCM from acting as investment adviser and sub-investment adviser, respectively, to the Funds, including the potential “fall-out” benefits to MCM and its affiliates (i.e., ancillary benefits that may be realized by MCM and its affiliates from relations with the Funds, such as other service contracts). The Trustees also considered the uncertainty of the estimated asset levels and the renewal requirements for advisory agreements, as well as their ability to review the advisory fees annually after the initial term of the Agreements.

Conclusion

After consideration of the factors discussed above, the Board, including a majority of the Independent Trustees, determined that the approval of the Agreements was in the best interests of each Fund and approved the Agreements for the Funds.

Approval of Investment Advisory and Sub-Advisory Agreements with respect to WisdomTree Europe Dividend Growth Fund (the “Fund”)

At a meeting held on March 21, 2014, the Board of Trustees (the “Board”) of the WisdomTree Trust (the “Trust”), 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 (i) the Investment Advisory Agreement (the “Investment Advisory Agreement”) between the Trust and WisdomTree Asset Management, Inc. (“WTAM”) with respect to the Fund, pursuant to which WTAM will provide the Fund with investment advisory services and (ii) the Sub-Investment Advisory Agreement pursuant to which Mellon Capital Management Corporation (“MCM”) will coordinate the investment and reinvestment of the assets of the Fund (the “MCM Sub-Advisory Agreement” and, together with the Investment Advisory Agreement, the “Agreements”).

In considering whether to approve the Agreements, the Board considered and discussed information and analysis provided by WTAM. The Board was assisted in its review by independent legal counsel. In considering the approval of the Agreements, the Board considered all factors that it deemed to be relevant, including those discussed below. The Board did not identify any particular factor as controlling, and each Trustee may have attributed different weights to the various factors.

Nature, Extent and Quality of Services to be Provided

The Board considered the nature, extent and quality of the services to be provided by WTAM and MCM, recognizing WTAM’s and MCM’s operational capabilities and resources. The Board noted the extensive responsibilities that WTAM has as investment adviser to the Fund, including the selection of MCM, oversight of MCM’s compliance with Fund policies and objectives, oversight of general Fund compliance with federal and state laws, and the implementation of Board directives as they relate to the Fund.

 

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

 

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 personnel and the investment strategies to be employed in management of the Fund’s assets. The Board considered the fee 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 fees to be paid to MCM in relation to the fees paid to WTAM by the Fund and the respective services to be provided. The Board noted that MCM’s fees will be paid by WTAM (out of its fees paid by the Fund) and not the Fund. After comparing the Fund’s fees with those of comparable funds, the Board concluded that the proposed level of fees for the Fund is reasonable and appropriate.

Costs of Services to be Provided, Profitability and Economies of Scale

As the Fund had not yet commenced operations, WTAM representatives were not able to review with the Board the dollar amount of expenses allocated and profit received by WTAM, or any economies of scale. The Board considered potential benefits to WTAM and MCM from acting as investment adviser and sub-investment adviser, respectively, to the Fund, including the potential “fall-out” benefits to MCM and its affiliates (i.e., ancillary benefits that may be realized by MCM and its affiliates from relations with the Fund, such as other service contracts). The Trustees also considered the uncertainty of the estimated asset levels and the renewal requirements for advisory agreements, as well as their ability to review the advisory fees annually after the initial term of the Agreements.

Conclusion

After consideration of the factors discussed above, the Board, including a majority of the Independent Trustees, determined that the approval of the Agreements was in the best interests of the Fund and approved the Agreements for the Fund.

Approval of renewal of the Investment Advisory and Sub-Advisory Agreements with respect to the WisdomTree Australia Dividend Fund, WisdomTree DEFA Equity Income Fund, WisdomTree DEFA Fund, WisdomTree Europe Hedged Equity Fund, WisdomTree Europe SmallCap Dividend Fund, WisdomTree International Dividend ex-Financials Fund, WisdomTree International LargeCap Dividend Fund, WisdomTree International MidCap Dividend Fund, WisdomTree International SmallCap Dividend Fund, WisdomTree Japan Hedged Equity Fund, WisdomTree Japan Hedged SmallCap Equity Fund, WisdomTree Japan SmallCap Dividend Fund, and the WisdomTree United Kingdom Hedged Equity Fund (each, a “Fund” and collectively, the “Funds”)

At a meeting of the Board of Trustees of the WisdomTree Trust (the “Trust”) held on September 18-19, 2014, 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 renewal of the Investment Advisory Agreements between WisdomTree Asset Management (“WTAM”) and the Trust on behalf of the Funds, pursuant to which WTAM provides the Funds with investment advisory services (the “Advisory Agreements”), the Sub-Investment Advisory Agreement (the “MCM Sub-Advisory Agreement”), pursuant to which Mellon Capital Management Corporation (“MCM” or “Sub-Adviser”) coordinates the investment and reinvestment of the assets of the Funds.

The Independent Trustees requested, and WTAM provided, such information as the Independent Trustees, with advice from independent legal counsel, deemed reasonably necessary to evaluate the Agreements. On March 20, 2014 and June 24, 2014, a committee of Independent Trustees (the “Contracts Review Committee”), with independent legal counsel, met with representatives from WTAM to discuss the types of information the Independent Trustees required and the manner in which fund management would organize and present such information. At a meeting held on August 8, 2014, representatives from WTAM presented preliminary information to the Board relating to the continuance of the Agreements, and the Board, including the Independent Trustees, reviewed and discussed such information. Further information was presented at the Board’s request at the meeting held on September 18-19, 2014.

The Trustees, a majority of whom are Independent Trustees, were assisted in their review by independent legal counsel and met with counsel in executive session separate from representatives of WTAM and the Sub-Adviser. In considering the renewal of the Agreements, the Board considered all factors that it believed to be relevant, including those discussed below. The Board did not identify any one factor as dispositive, and each Board member may have attributed different weights to the factors considered.

 

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

 

Analysis of Nature, Extent, and Quality of Services Provided to the Funds

The Board considered information provided to them at the meeting and in previous presentations throughout the year from WTAM representatives regarding the nature, extent, and quality of the services provided to the Funds, recognizing WTAM’s and the Sub-Adviser’s operational capabilities and resources. The Board also discussed WTAM’s role as index provider to the Funds. The Board also noted the extensive responsibilities that WTAM has as investment adviser to the Funds, including the selection of, and supervisory responsibilities and activities over, the Sub-Adviser, including oversight of the Sub-Adviser’s compliance with Fund policies and objectives, oversight of general Fund compliance with federal and state laws and the implementation of Board directives as they relate to the Funds. Based on management’s representations, the Board expected that there would be no reduction in the scope of services required by or provided by WTAM and the Sub-Adviser under the relevant Agreements. The Board noted that WTAM has continued to commit significant resources toward the fund complex. The Board also considered research support available to, and management capabilities of, the Funds’ management personnel and that WTAM provides oversight of day-to-day Fund operations, including fund accounting, administration 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 provided by WTAM and the Sub-Adviser under the Advisory Agreements and Sub-Advisory Agreements, respectively, supported the Board’s approval of the renewal of the Agreements.

Comparative Analysis of the Funds’ Performance and Management Fee and Expense Ratio

The Board reviewed reports prepared by Lipper, Inc. (“Lipper”), an independent provider of investment company data, which included information (1) measuring each Fund’s performance by how well it tracked the relevant WisdomTree benchmark index, and (2) comparing each Fund’s actual management fees and total expenses with those of a group of comparable funds (the “Expense Group”) and, with respect to total expenses, with a broader group of funds (the “Expense Universe”), the information for which was derived in part from fund financial statements available to Lipper as of the date of its analysis. The Contracts Review Committee and the Independent Trustees previously had reviewed and discussed the methodology Lipper used to select the Performance Groups, Expense Groups and Expense Universes. The Board noted that the Performance Groups, Expense Groups and Expense Universes included only pure-index exchange traded funds (“ETFs”) as comparison funds. The Board also noted that due to the special characteristics of certain funds, there are limitations in providing comparable funds in the Performance Groups, Expense Groups and Expense Universes, and the information in the Lipper reports may or may not provide meaningful direct comparisons to the Funds.

The Board discussed the Funds’ performance, noting that each Fund seeks to track its own WisdomTree benchmark index. During the prior year, the Board received periodic reports on the Funds’ performance in comparison to their relevant benchmark indexes. The Board determined to monitor carefully in the coming year disparities in performance—both positive and negative—but did not believe that the disparities in the past reflected any characteristics requiring immediate action by WTAM or the Sub-Adviser.

The Board also reviewed the range of actual management fees and total expenses of the Expense Group funds and, with respect to total expenses, Expense Universe funds, as well as the advisory fees and total expenses of certain funds not included in the Lipper reports that WTAM considers to be significant competitors of the Funds, and discussed the results of the comparisons. With respect to comparisons of actual management fees, the Board noted the Funds’ unitary fee structure and that the Expense Groups and Expense Universes included both ETFs with and without a unitary fee structure. The Board also noted that certain comparison funds in certain Expense Groups and Expense Universes benefited from waivers of their entire management fee and reimbursement of certain operating expenses. The Board noted that the Funds’ actual management fees and total expenses generally were within 10 basis points of the actual management fees and total expenses of the funds in their respective Expense Groups and Expense Universes. In those specific instances where a Fund’s actual management fees or total expenses departed more significantly from comparative funds, the Independent Trustees sought explanations from WTAM, which generally attributed the disparities to differences in assets under management, the unique history of a Fund or certain comparison funds and temporary fee waivers in place for marketing or other reasons.

The Board considered the fees to the Sub-Adviser in relation to the fees paid to WTAM by the Funds and the services provided by the Sub-Adviser and WTAM. The Board also noted that the Sub-Adviser’s fees are paid by WTAM (out of its fee from the relevant Funds) and not the Funds.

Based on this review and the other factors considered at the meeting, the Board concluded that, with respect to each Fund, the Fund’s performance, the fees paid to WTAM and the Sub-Adviser and the Fund’s total expenses supported the Board’s approval of the renewal of the relevant Agreements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      171   


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

 

Analysis of Profitability and Economies of Scale

WTAM representatives reviewed the expenses allocated and profit received by WTAM and the resulting profitability percentage for managing each Fund and the aggregate profitability percentage to WTAM for managing the WisdomTree fund complex, and the method used to determine the expenses and profit.

The Board considered the profitability analysis (1) as part of its evaluation of whether the fees under the Agreements bear a reasonable relationship to the mix of services provided by WTAM and the Sub-Adviser, including the nature, extent and quality of such services, and (2) in light of the relevant circumstances for each Fund and the extent to which economies of scale would be realized if the Fund grows and whether fee levels reflect these economies of scale for the benefit of Fund shareholders. Since WTAM, and not the Funds, pays the Sub-Adviser pursuant to the Sub-Advisory Agreement, the Board did not consider the Sub-Adviser’s profitability to be relevant to its deliberations. WTAM representatives noted that a discussion of economies of scale is predicated on a Fund having achieved a substantial size and that, if a Fund’s assets had been decreasing, the possibility that WTAM may have realized any economies of scale would be less. WTAM representatives also noted that, as a result of shared and allocated costs among the WisdomTree funds, the extent of economies of scale could depend substantially on the level of assets in the fund complex as a whole. WTAM representatives also noted that economies of scale currently are shared with the Funds by way of the relatively low advisory fee rates and the unitary fee structure of the Trust. The Board noted that it would continue to monitor the sharing of economies of scale to determine the appropriateness of adding breakpoints in the future. The Board also considered potential benefits to WTAM and the Sub-Adviser from acting as investment adviser and sub-investment adviser, respectively, and noted that there were no soft dollar arrangements in effect for trading the Funds’ investments. Based on this review, the Board concluded that the profitability results were not unreasonable, given the services rendered and service levels provided by WTAM.

Conclusion

At the conclusion of these discussions, the Board agreed that it had been furnished with sufficient information to make an informed business decision with respect to the renewal of the Agreements. In evaluating the Agreements, the Board considered the conclusions and determinations discussed above and also relied on its previous knowledge, gained through meetings and other interactions with WTAM and the Sub-Adviser, of the Funds and the services provided to the Funds by WTAM and the Sub-Adviser. The Board also relied on information received on a routine and regular basis throughout the year relating to the operations of the Funds and the investment advisory and other services provided under the Agreements. The Board determined to renew the Agreements.

 

172   WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds


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General Information (unaudited)

 

Proxy Voting Policies, Procedures and Record

A complete copy of the Proxy Voting Policy may be obtained by calling 1-866-909-WISE (9473) or writing to: WisdomTree Trust, c/o ALPS Distributors, Inc., 1290 Broadway, Suite 1100, Denver, Colorado 80203.

The Trust is required to disclose annually the Funds’ complete proxy voting record on Form N-PX covering the most recent 12-month period ended June 30 and to file Form N-PX with the 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 are required to file their complete schedule of portfolio holdings with the SEC for their first and third fiscal quarters on Form N-Q. Copies of the filings are available, without charge, on the SEC’s website at www.sec.gov and are also available by calling the Trust at 1-866-909-WISE (9473). You can also obtain copies of Form N-Q by (i) visiting the SEC’s Public Reference Room in Washington, DC (information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330); (ii) sending your request and a duplicating fee to the SEC’s Public Reference Room, Washington, DC 20549-0102; or (iii) sending your request electronically to 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 Developed World ex-U.S. and Currency Hedged Equity Funds      173   


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The WisdomTree Family of Funds

The following is a list of WisdomTree Funds being offered, along with their respective ticker symbols, as of September 30, 2014:

 

WisdomTree Domestic Earnings and Dividend Funds

 

WisdomTree Dividend ex-Financials Fund (DTN)

 

WisdomTree Earnings 500 Fund (EPS)

 

WisdomTree Equity Income Fund (DHS)

 

WisdomTree LargeCap Dividend Fund (DLN)

 

WisdomTree LargeCap Value Fund (EZY)

 

WisdomTree MidCap Dividend Fund (DON)

 

WisdomTree MidCap Earnings Fund (EZM)

 

WisdomTree SmallCap Dividend Fund (DES)

 

WisdomTree SmallCap Earnings Fund (EES)

 

WisdomTree Total Dividend Fund (DTD)

 

WisdomTree Total Earnings Fund (EXT)

 

WisdomTree U.S. Dividend Growth Fund (DGRW)

 

WisdomTree U.S. SmallCap Dividend Growth Fund (DGRS)

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

 

WisdomTree Australia Dividend Fund (AUSE)

 

WisdomTree DEFA Equity Income Fund (DTH)

 

WisdomTree DEFA Fund (DWM)

 

WisdomTree Europe Dividend Growth Fund (EUDG)

 

WisdomTree Europe Hedged Equity Fund (HEDJ)

 

WisdomTree Europe SmallCap Dividend Fund (DFE)

 

WisdomTree Germany Hedged Equity Fund (DXGE)

 

WisdomTree International Dividend ex-Financials Fund (DOO)

 

WisdomTree International Hedged Dividend Growth Fund (IHDG)

 

WisdomTree International LargeCap Dividend Fund (DOL)

 

WisdomTree International MidCap Dividend Fund (DIM)

 

WisdomTree International SmallCap Dividend Fund (DLS)

 

WisdomTree Japan Hedged Capital Goods Fund (DXJC)

 

WisdomTree Japan Hedged Equity Fund (DXJ)

 

WisdomTree Japan Hedged Financials Fund (DXJF)

 

WisdomTree Japan Hedged Health Care Fund (DXJH)

 

WisdomTree Japan Hedged Real Estate Fund (DXJR)

 

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

 

WisdomTree Japan Hedged Tech, Media and Telecom Fund (DXJT)

 

WisdomTree Japan SmallCap Dividend Fund (DFJ)

 

WisdomTree Korea Hedged Equity Fund (DXKW)

 

WisdomTree United Kingdom Hedged Equity Fund (DXPS)

  

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets

 

WisdomTree Asia Pacific ex-Japan Fund (AXJL)

 

WisdomTree China Dividend ex-Financials Fund (CHXF)

 

WisdomTree Commodity Country Equity Fund (CCXE)

 

WisdomTree Emerging Markets Consumer Growth Fund (EMCG)

 

WisdomTree Emerging Markets Dividend Growth Fund (DGRE)

 

WisdomTree Emerging Markets Equity Income Fund (DEM)

 

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

 

WisdomTree Global Equity Income Fund (DEW)

 

WisdomTree Global ex-U.S. Dividend Growth Fund (DNL)

 

WisdomTree Global ex-U.S. Real Estate Fund (DRW)

 

WisdomTree Global ex-U.S. Utilities Fund (DBU)

 

WisdomTree Global Natural Resources Fund (GNAT)

 

WisdomTree India Earnings Fund (EPI)

 

WisdomTree Middle East Dividend Fund (GULF)

 

WisdomTree Currency Strategy Funds

 

WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU)

 

WisdomTree Brazilian Real Strategy Fund (BZF)

 

WisdomTree Chinese Yuan Strategy Fund (CYB)

 

WisdomTree Commodity Currency Strategy Fund (CCX)

 

WisdomTree Emerging Currency Strategy Fund (CEW)

 

WisdomTree Indian Rupee Strategy Fund (ICN)

 

WisdomTree Fixed Income Funds

 

WisdomTree Asia Local Debt Fund (ALD)

 

WisdomTree Australia & New Zealand Debt Fund (AUNZ)

 

WisdomTree Barclays U.S. Aggregate Bond Negative Duration Fund (AGND)

 

WisdomTree Barclays U.S. Aggregate Bond Zero Duration Fund (AGZD)

 

WisdomTree Bloomberg Floating Rate Treasury Fund (USFR)

 

WisdomTree BofA Merrill Lynch High Yield Bond Negative Duration Fund (HYND)

 

WisdomTree BofA Merrill Lynch High Yield Bond Zero Duration Fund (HYZD)

 

WisdomTree Emerging Markets Corporate Bond Fund (EMCB)

 

WisdomTree Emerging Markets Local Debt Fund (ELD)

 

WisdomTree Euro Debt Fund (EU)

 

WisdomTree Japan Interest Rate Strategy Fund (JGBB)

 

WisdomTree Strategic Corporate Bond Fund (CRDT)

 

WisdomTree Alternative Funds

 

WisdomTree Global Real Return Fund (RRF)

 

WisdomTree Managed Futures Strategy Fund (WDTI)

 

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 ALPS Distributors, Inc., 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.


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Investors should consider the investment objectives, risks, charges and expenses of the Funds carefully before investing. A prospectus, containing this and other information, is available at www.wisdomtree.com, or by calling 1-866-909-WISE (9473). Investors should read the prospectus carefully before investing. There are risks associated with investing, including possible loss of principal. Past performance does not guarantee future results. Indexes are unmanaged and you cannot invest directly in an index.

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. Inflation protected securities do not eliminate risks associated with inflation or deflation. 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.

Transactions in Fund shares will result in brokerage commissions and will generate tax consequences. Shares may be sold through brokerage accounts, but may be redeemed from the Funds only in large amounts of 50,000 shares or more.


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WisdomTree Trust

245 Park Avenue, 35th Floor

New York, NY 10167

 

LOGO

 

LOGO

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

WisdomTree Australia Dividend Fund (AUSE)

WisdomTree DEFA Equity Income Fund (DTH)

WisdomTree DEFA Fund (DWM)

WisdomTree Europe Dividend Growth Fund (EUDG)

WisdomTree Europe Hedged Equity Fund (HEDJ)

WisdomTree Europe SmallCap Dividend Fund (DFE)

WisdomTree Germany Hedged Equity Fund (DXGE)

WisdomTree International Dividend ex-Financials Fund (DOO)

WisdomTree International Hedged Dividend Growth Fund (IHDG)

WisdomTree International LargeCap Dividend Fund (DOL)

WisdomTree International MidCap Dividend Fund (DIM)

WisdomTree International SmallCap Dividend Fund (DLS)

WisdomTree Japan Hedged Capital Goods Fund (DXJC)

WisdomTree Japan Hedged Equity Fund (DXJ)

WisdomTree Japan Hedged Financials Fund (DXJF)

WisdomTree Japan Hedged Health Care Fund (DXJH)

WisdomTree Japan Hedged Real Estate Fund (DXJR)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

WisdomTree Japan Hedged Tech, Media and Telecom Fund (DXJT)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

WisdomTree Korea Hedged Equity Fund (DXKW)

WisdomTree United Kingdom Hedged Equity Fund (DXPS)

WisdomTree Fund shares are distributed by ALPS Distributors, Inc.

WIS007037 11/2015


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LOGO

 

LOGO

 

WisdomTree Trust

Global/Global ex-U.S. and Emerging/Frontier Markets Funds

 

Semi-Annual Report

September 30, 2014

WisdomTree Asia Pacific ex-Japan Fund (AXJL)

WisdomTree China Dividend ex-Financials Fund (CHXF)

WisdomTree Commodity Country Equity Fund (CCXE)

WisdomTree Emerging Markets Consumer Growth Fund (EMCG)

WisdomTree Emerging Markets Dividend Growth Fund (DGRE)

WisdomTree Emerging Markets Equity Income Fund (DEM)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

WisdomTree Global Equity Income Fund (DEW)

WisdomTree Global ex-U.S. Dividend Growth Fund (DNL)

WisdomTree Global ex-U.S. Real Estate Fund (DRW)

WisdomTree Global ex-U.S. Utilities Fund (DBU)

WisdomTree Global Natural Resources Fund (GNAT)

WisdomTree India Earnings Fund (EPI)

WisdomTree Middle East Dividend Fund (GULF)


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Table of Contents

 

 

Performance Summaries (unaudited)

       1   

Description of Indexes (unaudited)

       15   

Shareholder Expense Examples (unaudited)

       18   
Schedules of Investments (unaudited)     

WisdomTree Asia Pacific ex-Japan Fund

       20   

WisdomTree China Dividend ex-Financials Fund

       23   

WisdomTree Commodity Country Equity Fund

       25   

WisdomTree Emerging Markets Consumer Growth Fund

       27   

WisdomTree Emerging Markets Dividend Growth Fund

       30   

WisdomTree Emerging Markets Equity Income Fund

       33   

WisdomTree Emerging Markets SmallCap Dividend Fund

       37   

WisdomTree Global Equity Income Fund

       43   

WisdomTree Global ex-U.S. Dividend Growth Fund

       49   

WisdomTree Global ex-U.S. Real Estate Fund

       53   

WisdomTree Global ex-U.S. Utilities Fund

       56   

WisdomTree Global Natural Resources Fund

       58   

WisdomTree India Earnings Fund (consolidated)

       60   

WisdomTree Middle East Dividend Fund

       64   

Statements of Assets and Liabilities (unaudited)

       65   

Statements of Operations (unaudited)

       68   

Statements of Changes in Net Assets (unaudited)

       71   

Financial Highlights (unaudited)

       76   

Notes to Financial Statements (unaudited)

       83   

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

       99   

General Information (unaudited)

       101   

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


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Performance Summary (unaudited)

WisdomTree Asia Pacific ex-Japan Fund (AXJL)

 

Sector Breakdown as of 9/30/14

 

Sector   % of Net Assets  

Telecommunication Services

    24.0%   

Financials

    22.9%   

Materials

    9.9%   

Energy

    9.7%   

Information Technology

    7.6%   

Industrials

    7.0%   

Consumer Staples

    6.8%   

Utilities

    4.3%   

Consumer Discretionary

    3.8%   

Investment Companies

    3.0%   

Healthcare

    0.7%   

Other Assets less Liabilities

    0.3%   

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 includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

China Mobile Ltd.

    9.2%   

China Construction Bank Corp., Class H

    3.7%   

BHP Billiton Ltd.

    3.1%   

Telstra Corp., Ltd.

    3.0%   

iPath MSCI India Index ETN

    3.0%   

Taiwan Semiconductor Manufacturing Co., Ltd.

    2.6%   

CNOOC Ltd.

    2.4%   

Commonwealth Bank of Australia

    2.0%   

Singapore Telecommunications Ltd.

    1.9%   

Westpac Banking 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 investment of cash collateral for securities on loan (if any).

The WisdomTree Asia Pacific ex-Japan Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Asia Pacific ex-Japan Index.

The Fund returned 4.41% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Hong Kong. The Fund’s investment in Australia created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio

securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.48%.

Performance as of 9/30/14

 

      Average Annual Total Return  
      6-Month*     1 Year     3 Year     5 Year     Since
Inception1
 

Fund NAV Returns

     4.41     3.84     10.52     6.71     8.17

Fund Market Price Returns

     4.43     4.40     11.64     6.68     8.20

WisdomTree Pacific ex-Japan Dividend/ Asia Pacific ex-Japan Spliced Index2

     4.97     4.28     10.95     7.60     9.19

MSCI Pacific ex-Japan/MSCI AC Asia Pacific ex-Japan Spliced Index3

     2.58     5.96     10.99     6.47     7.47
* Returns of less than one year are cumulative.
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

2 

WisdomTree Pacific ex-Japan Dividend Index through June 17, 2011; WisdomTree Asia Pacific ex-Japan Index thereafter.

3 

MSCI Pacific ex-Japan Index through June 17, 2011; MSCI AC Asia Pacific ex-Japan Index thereafter.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      1   


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Performance Summary (unaudited)

WisdomTree China Dividend ex-Financials Fund (CHXF)

 

Sector Breakdown as of 9/30/14

 

Sector   % of Net Assets  

Energy

    23.8%   

Industrials

    15.7%   

Telecommunication Services

    14.3%   

Information Technology

    9.6%   

Consumer Staples

    9.2%   

Materials

    8.3%   

Utilities

    8.1%   

Consumer Discretionary

    7.2%   

Healthcare

    3.5%   

Other Assets less Liabilities

    0.3%   

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 includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

China Mobile Ltd.

    8.7%   

China Petroleum & Chemical Corp., Class H

    5.4%   

PetroChina Co., Ltd., Class H

    5.2%   

Tencent Holdings Ltd.

    4.7%   

CNOOC Ltd.

    4.3%   

China Shenhua Energy Co., Ltd., Class H

    4.2%   

Lenovo Group Ltd.

    3.3%   

Want Want China Holdings Ltd.

    3.3%   

China Telecom Corp., Ltd., Class H

    3.3%   

Hengan International Group Co., Ltd.

    3.1%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree China Dividend ex-Financials Fund (the “Fund”), seeks to track the price and yield performance, before fees and expenses, of the WisdomTree China Dividend ex-Financials Index.

The Fund returned 6.96% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Telecommunications Services. The Fund’s position in Consumer Staples created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.63%.

Performance as of 9/30/14

 

      Average Annual Total Return  
      6-Month*     1 Year     Since
Inception1
 

Fund NAV Returns

     6.96     5.26     4.57

Fund Market Price Returns

     7.35     6.09     4.29

WisdomTree China Dividend ex-Financials Index

     7.32     5.74     4.82

MSCI China Index

     7.01     4.57     8.52

FTSE China 50 Index

     8.42     5.09     7.50
* Returns of less than one year are cumulative.
1 

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on September 19, 2012.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

2   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


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Performance Summary (unaudited)

WisdomTree Commodity Country Equity Fund (CCXE)

 

Sector Breakdown† as of 9/30/14

 

Sector   % of Net Assets  

Financials

    25.9%   

Energy

    22.7%   

Telecommunication Services

    15.9%   

Materials

    11.6%   

Utilities

    6.3%   

Consumer Staples

    5.7%   

Industrials

    4.6%   

Consumer Discretionary

    4.3%   

Healthcare

    1.5%   

Information Technology

    0.8%   

Investment Companies

    0.2%   

Other Assets less Liabilities

    0.5%   

Total

    100.0%   

 

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

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Statoil ASA

    6.9%   

Spark New Zealand Ltd.

    4.0%   

Gazprom OAO, ADR

    2.8%   

MTN Group Ltd.

    2.7%   

Telenor ASA

    2.6%   

Rosneft OAO, GDR Reg S

    2.1%   

Sasol Ltd.

    2.1%   

Fletcher Building Ltd.

    1.9%   

Vale S.A.

    1.8%   

Vodacom Group Ltd.

    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 investment of cash collateral for securities on loan (if any).

The WisdomTree Commodity Country Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Commodity Country Equity Index.

The Fund returned -2.31% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Norway. The Fund’s position in Australia created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively

impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.58%.

Performance as of 9/30/14

 

      Average Annual Total Return  
      6-Month*     1 Year     3 Year     5 Year     Since
Inception1
 

Fund NAV Returns

     -2.31     -1.00     7.58     6.33     5.08

Fund Market Price Returns

     -2.44     -1.11     8.02     6.22     4.91

WisdomTree International Basic Materials Sector/Commodity Country Equity Spliced Index2

     -2.14     -0.74     7.96     6.74     5.72

S&P Developed ex-U.S. BMI Materials Sector/MSCI ACWI ex-USA Spliced Index3

     -0.50     4.77     11.79     9.46     2.93
* Returns of less than one year are cumulative.
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on October 13, 2006. The S&P Developed ex-U.S. Sector Index total returns are based on the index’s inception date of April 1, 2008.

2 

WisdomTree International Basic Materials Sector Index through June 17, 2011; WisdomTree Commodity Country Equity Index thereafter.

3 

S&P Developed ex-U.S. BMI Materials Sector Index through June 17, 2011; MSCI ACWI ex-USA Index thereafter.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      3   


Table of Contents

Performance Summary (unaudited)

WisdomTree Emerging Markets Consumer Growth Fund (EMCG)

 

Sector Breakdown† as of 9/30/14

 

Sector   % of Net Assets  

Consumer Discretionary

    31.4%   

Consumer Staples

    26.1%   

Financials

    18.2%   

Telecommunication Services

    11.8%   

Utilities

    4.6%   

Industrials

    4.0%   

Investment Companies

    2.3%   

Healthcare

    1.7%   

Energy

    0.0%   

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 includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

America Movil S.A.B. de C.V., Series L

    4.0%   

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

    3.6%   

Astra International Tbk PT

    3.3%   

Tata Motors Ltd., ADR

    3.2%   

Dongfeng Motor Group Co., Ltd., Class H

    3.0%   

AMBEV S.A.

    2.9%   

MTN Group Ltd.

    2.5%   

PICC Property & Casualty Co., Ltd., Class H

    2.5%   

iPath MSCI India Index ETN

    2.3%   

Mahindra & Mahindra Ltd., GDR

    2.2%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree Emerging Markets Consumer Growth Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Emerging Markets Consumer Growth Index.

The Fund returned 3.51% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in India. The Fund’s position in Brazil created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio

securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.63%.

Performance as of 9/30/14

 

      Average Annual Total Return  
      6-Month*     1 Year     Since
Inception1
 

Fund NAV Returns

     3.51     3.94     2.82

Fund Market Price Returns

     3.43     2.60     2.21

WisdomTree Emerging Markets Consumer Growth Index

     3.99     4.46     3.31

MSCI Emerging Markets Index

     2.87     4.30     2.99
* Returns of less than one year are cumulative.
1 

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on September 27, 2013.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

4   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Performance Summary (unaudited)

WisdomTree Emerging Markets Dividend Growth Fund (DGRE)

 

Sector Breakdown as of 9/30/14

 

Sector   % of Net Assets  

Telecommunication Services

    18.4%   

Consumer Staples

    17.4%   

Financials

    14.1%   

Materials

    13.5%   

Information Technology

    9.8%   

Energy

    7.7%   

Consumer Discretionary

    7.0%   

Industrials

    5.2%   

Investment Companies

    2.9%   

Utilities

    1.9%   

Healthcare

    1.8%   

Other Assets less Liabilities

    0.3%   

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 includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Taiwan Semiconductor Manufacturing Co., Ltd.

    6.3%   

MMC Norilsk Nickel OJSC, ADR

    6.2%   

AMBEV S.A.

    3.8%   

MTN Group Ltd.

    3.8%   

America Movil S.A.B. de C.V., Series L

    3.0%   

iPath MSCI India Index ETN

    2.9%   

Vodacom Group Ltd.

    2.8%   

PetroChina Co., Ltd., Class H

    2.6%   

China Telecom Corp., Ltd., Class H

    2.3%   

MegaFon OAO, GDR Reg S

    2.3%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree Emerging Markets Dividend Growth Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Emerging Markets Dividend Growth Index.

The Fund returned 4.27% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Thailand. The Fund’s position in Brazil created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.63%.

Performance as of 9/30/14

 

        Average Annual Total Return  
        6-Month*      1 Year      Since
Inception1
 

Fund NAV Returns

       4.27      5.60      3.35

Fund Market Price Returns

       5.21      5.64      2.13

WisdomTree Emerging Markets Dividend Growth Index

       4.82      6.57      4.29

MSCI Emerging Markets Index

       2.87      4.30      7.18
* Returns of less than one year are cumulative.
1 

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on August 1, 2013.

Performance is historical and does not guarantee future results. 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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      5   


Table of Contents

Performance Summary (unaudited)

WisdomTree Emerging Markets Equity Income Fund (DEM)

 

Sector Breakdown as of 9/30/14

 

Sector   % of Net Assets  

Financials

    25.6%   

Energy

    20.3%   

Telecommunication Services

    17.1%   

Materials

    16.2%   

Utilities

    7.3%   

Information Technology

    5.3%   

Industrials

    3.0%   

Consumer Discretionary

    2.5%   

Consumer Staples

    2.1%   

Healthcare

    0.0%   

Other Assets less Liabilities

    0.6%   

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 includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Gazprom OAO, ADR

    5.1%   

China Construction Bank Corp., Class H

    4.5%   

Rosneft OAO, GDR Reg S

    3.9%   

Industrial & Commercial Bank of China Ltd., Class H

    3.2%   

MMC Norilsk Nickel OJSC, ADR

    3.1%   

Vale S.A.

    2.8%   

Lukoil OAO, ADR

    2.4%   

Banco do Brasil S.A.

    2.3%   

Bank of China Ltd., Class H

    2.1%   

MTN Group Ltd.

    2.1%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree Emerging Markets Equity Income Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Emerging Markets Equity Income Index.

The Fund returned 0.84% for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in China. The Fund’s position in Brazil created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.63%.

Performance as of 9/30/14

 

        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      Since
Inception1
 

Fund NAV Returns

       0.84      -3.14      3.92      4.53      3.43

Fund Market Price Returns

       0.67      -3.43      4.31      4.20      2.95

WisdomTree Emerging Markets Equity Income Index

       1.08      -2.52      4.92      5.60      4.43

MSCI Emerging Markets Index

       2.87      4.30      7.19      4.42      0.59
* Returns of less than one year are cumulative.
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on July 13, 2007.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

6   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Performance Summary (unaudited)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

 

Sector Breakdown as of 9/30/14

 

Sector   % of Net Assets  

Financials

    21.2%   

Industrials

    17.0%   

Information Technology

    15.6%   

Consumer Discretionary

    13.9%   

Materials

    11.7%   

Consumer Staples

    6.9%   

Utilities

    6.8%   

Energy

    2.4%   

Healthcare

    2.1%   

Investment Companies

    1.4%   

Telecommunication Services

    0.4%   

Other Assets less Liabilities

    0.6%   

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 includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

iPath MSCI India Index ETN

    1.3%   

Synnex Technology International Corp.

    0.9%   

Synthos S.A.

    0.9%   

Light S.A.

    0.9%   

Coronation Fund Managers Ltd.

    0.9%   

HAP Seng Consolidated Bhd

    0.9%   

Tauron Polska Energia S.A.

    0.8%   

Wistron Corp.

    0.8%   

Advantech Co., Ltd.

    0.8%   

Semirara Mining and Power Co.

    0.7%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree Emerging Markets SmallCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Emerging Markets SmallCap Dividend Index.

The Fund returned 2.43% for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Thailand. The Fund’s position in Taiwan created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.63%.

Performance as of 9/30/14

 

        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      Since
Inception1
 

Fund NAV Returns

       2.43      2.66      8.67      6.64      2.05

Fund Market Price Returns

       1.50      2.26      9.58      6.32      1.98

WisdomTree Emerging Markets SmallCap Dividend Index

       2.64      3.11      9.74      7.73      3.14

MSCI Emerging Markets Small Cap Index

       3.81      8.84      9.66      6.66      0.27
* Returns of less than one year are cumulative.
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on October 30, 2007.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      7   


Table of Contents

 

Performance Summary (unaudited)

WisdomTree Global Equity Income Fund (DEW)

 

Sector Breakdown as of 9/30/14

 

Sector   % of Net Assets  

Financials

    25.1%   

Telecommunication Services

    15.4%   

Energy

    12.4%   

Utilities

    10.3%   

Healthcare

    8.8%   

Consumer Staples

    7.6%   

Materials

    7.1%   

Industrials

    6.5%   

Consumer Discretionary

    3.9%   

Information Technology

    2.4%   

Investment Companies

    0.1%   

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 includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Banco Santander S.A.

    1.7%   

China Mobile Ltd.

    1.6%   

AT&T, Inc.

    1.6%   

Verizon Communications, Inc.

    1.6%   

Novartis AG, Registered Shares

    1.4%   

Total S.A.

    1.4%   

China Construction Bank Corp., Class H

    1.4%   

BP PLC

    1.2%   

HSBC Holdings PLC

    1.2%   

Pfizer, Inc.

    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 investment of cash collateral for securities on loan (if any).

The WisdomTree Global Equity Income Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global Equity Income Index.

The Fund returned 0.17% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in the United States of America. The Fund’s position in Australia created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.58%.

Performance as of 9/30/14

 

        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      Since
Inception1
 

Fund NAV Returns

       0.17      6.56      12.23      7.45      3.73

Fund Market Price Returns

       0.29      5.85      12.63      7.21      3.58

WisdomTree Europe Equity Income/Global Equity Income Spliced Index2

       0.27      7.01      12.58      7.78      4.07

MSCI Europe Value/MSCI AC World Spliced Index3

       2.62      11.32      16.61      10.07      4.43
* Returns of less than one year are cumulative.
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

2 

WisdomTree Europe Equity Income Index through June 19, 2009; WisdomTree Global Equity Income Index thereafter.

3 

MSCI Europe Value Index through June 19, 2009; MSCI AC World Index thereafter.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

8   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Performance Summary (unaudited)

WisdomTree Global ex-U.S. Dividend Growth Fund (DNL)

 

Sector Breakdown as of 9/30/14

 

Sector   % of Net Assets  

Consumer Staples

    18.6%   

Consumer Discretionary

    16.5%   

Healthcare

    12.8%   

Industrials

    10.9%   

Materials

    10.1%   

Information Technology

    8.4%   

Telecommunication Services

    7.5%   

Financials

    6.9%   

Energy

    5.6%   

Investment Companies

    1.2%   

Utilities

    1.1%   

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 includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Roche Holding AG, Genusschein

    6.2%   

British American Tobacco PLC

    3.9%   

Taiwan Semiconductor Manufacturing Co., Ltd.

    3.5%   

Hennes & Mauritz AB, Class B

    3.3%   

MMC Norilsk Nickel OJSC, ADR

    3.3%   

Novo Nordisk A/S, Class B

    3.1%   

MTN Group Ltd.

    2.2%   

Inditex S.A.

    2.0%   

Unilever N.V., CVA

    1.8%   

Roche Holding AG, Bearer Shares

    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 investment of cash collateral for securities on loan (if any).

The WisdomTree Global ex-U.S. Dividend Growth Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global ex-U.S. Dividend Growth Index.

The Fund returned -0.52% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in the Telecommunication Services sector. The Fund’s position in Consumer Discretionary created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.58%.

Performance as of 9/30/14

 

        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      Since
Inception1
 

Fund NAV Returns

       -0.52      4.42      8.04      5.19      2.73

Fund Market Price Returns

       -0.16      5.14      8.74      4.97      2.79

WisdomTree Japan Equity Income/Global ex-U.S. Dividend Growth Spliced Index2

       -0.28      4.64      8.71      6.00      3.32

MSCI Japan Value/ MSCI AC World ex-USA Growth Spliced Index3

       -0.65      4.29      11.81      6.78      4.60
* Returns of less than one year are cumulative.
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

2 

WisdomTree Japan Equity Income Index through June 19, 2009; WisdomTree Global ex-U.S. Dividend Growth Index thereafter.

3 

MSCI Japan Value Index through June 19, 2009; MSCI AC World ex-U.S.A. Growth Index thereafter.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      9   


Table of Contents

Performance Summary (unaudited)

WisdomTree Global ex-U.S. Real Estate Fund (DRW)

 

Industry Breakdown as of 9/30/14

 

Industry   % of Net Assets  

Real Estate Investment Trusts (REITs)

    54.0%   

Real Estate Management & Development

    45.5%   

Investment Companies

    0.2%   

Other Assets less Liabilities

    0.3%   

Total

    100.0%   

 

The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time. It does not include derivatives (if any).

 

Other assets includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Sun Hung Kai Properties Ltd.

    4.2%   

Cheung Kong Holdings Ltd.

    3.8%   

Unibail-Rodamco SE

    3.8%   

Westfield Corp.

    2.4%   

Stockland

    1.9%   

Scentre Group

    1.8%   

Wharf Holdings Ltd. (The)

    1.7%   

Link REIT (The)

    1.6%   

Brookfield Asset Management, Inc., Class A

    1.6%   

British Land Co. PLC (The)

    1.6%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree Global ex-U.S. Real Estate Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global ex-U.S. Real Estate Index.

The Fund returned 5.00% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Hong Kong. The Fund’s position in Taiwan created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.58%.

Performance as of 9/30/14

 

        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      Since
Inception1
 

Fund NAV Returns

       5.00      4.50      13.48      7.48      -1.70

Fund Market Price Returns

       5.04      4.16      14.05      7.30      -1.91

WisdomTree International Real Estate/Global ex-U.S. Real Estate Spliced Index2

       4.94      4.58      13.70      7.66      -1.57

Dow Jones Global ex-U.S. Select Real Estate Securities Index

       3.02      3.85      14.56      9.62      -1.49
* Returns of less than one year are cumulative.
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 5, 2007.

2 

WisdomTree International Real Estate Index through June 17, 2011; WisdomTree Global ex-U.S. Real Estate Index thereafter.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

10   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Performance Summary (unaudited)

WisdomTree Global ex-U.S. Utilities Fund (DBU)

 

Industry Breakdown as of 9/30/14

 

Industry   % of Net Assets  

Electric Utilities

    42.3%   

Multi-Utilities

    18.2%   

Independent Power and Renewable Electricity Producers

    16.4%   

Gas Utilities

    11.3%   

Water Utilities

    9.8%   

Investment Companies

    1.3%   

Other Assets less Liabilities

    0.7%   

Total

    100.0%   

 

The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time. It does not include derivatives (if any).

 

Other assets includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Light S.A.

    2.9%   

PGE S.A.

    2.8%   

GDF Suez

    2.8%   

Veolia Environnement S.A.

    2.6%   

Electricite de France S.A.

    2.4%   

EDP-Energias de Portugal S.A.

    2.3%   

E.ON SE

    2.2%   

Centrais Eletricas Brasileiras S.A.

    2.2%   

RWE AG

    2.1%   

Fortum Oyj

    2.1%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree Global ex-U.S. Utilities Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global ex-U.S. Utilities Index.

The Fund returned 1.55% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Thailand. The Fund’s position in France created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.58%.

Performance as of 9/30/14

 

        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      Since
Inception1
 

Fund NAV Returns

       1.55      9.95      7.05      1.02      0.87

Fund Market Price Returns

       1.91      9.74      7.58      0.83      0.76

WisdomTree International Utilities Sector/Global ex-U.S. Utilities Spliced Index2

       1.63      10.39      7.03      0.95      1.00

S&P Developed ex-U.S. BMI Utilities Sector Index

       1.07      10.94      8.11      1.08      -2.59
* Returns of less than one year are cumulative.
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on October 13, 2006. The S&P Developed ex-U.S. BMI Utilities Sector Index total returns are based on the index’s inception date of April 1, 2008.

2 

WisdomTree International Utilities Sector Index through June 17, 2011; WisdomTree Global ex-U.S. Utilities Index thereafter.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      11   


Table of Contents

Performance Summary (unaudited)

WisdomTree Global Natural Resources Fund (GNAT)

 

Industry Breakdown as of 9/30/14

 

Industry   % of Net Assets  

Oil, Gas & Consumable Fuels

    48.3%   

Metals & Mining

    31.4%   

Chemicals

    9.9%   

Energy Equipment & Services

    4.7%   

Food Products

    4.6%   

Investment Companies

    0.8%   

Other Assets less Liabilities

    0.3%   

Total

    100.0%   

 

The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time. It does not include derivatives (if any).

 

Other assets includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

KGHM Polska Miedz S.A.

    5.6%   

MMC Norilsk Nickel OJSC, ADR

    3.8%   

Total S.A.

    2.6%   

Crescent Point Energy Corp.

    2.5%   

Eni SpA

    2.4%   

Statoil ASA

    2.2%   

Royal Dutch Shell PLC, Class A

    2.1%   

Woodside Petroleum Ltd.

    2.0%   

Royal Dutch Shell PLC, Class B

    2.0%   

BP PLC

    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 investment of cash collateral for securities on loan (if any).

The WisdomTree Global Natural Resources Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global Natural Resources Index.

The Fund returned -2.65% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Poland. The Fund’s position in South Africa created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.58%.

Performance as of 9/30/14

 

      Average Annual Total Return  
      6-Month*     1 Year     3 Year     5 Year     Since
Inception1
 

Fund NAV Returns

     -2.65     -0.87     1.77     -0.95     0.80

Fund Market Price Returns

     -2.65     -0.94     2.36     -0.99     0.67

WisdomTree International Energy Sector/Global Natural Resources Spliced Index2

     -2.40     -0.33     2.21     -0.71     1.18

S&P Developed ex-U.S. BMI Energy Sector/ S&P Global Natural Resources Spliced Index3

     -1.73     2.51     4.40     1.46     -0.65
* Returns of less than one year are cumulative.
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on October 13, 2006. The S&P Developed ex-U.S. BMI Energy Sector Index total returns are based on the index’s inception date of April 1, 2008.

2 

WisdomTree International Energy Sector Index through June 17, 2011; WisdomTree Global Natural Resources Index thereafter.

3 

S&P Developed ex-U.S. BMI Energy Sector Index through June 17, 2011; S&P Global Natural Resources Index thereafter.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

12   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Performance Summary (unaudited)

WisdomTree India Earnings Fund (EPI)

 

Sector Breakdown as of 9/30/14

 

Sector   % of Net Assets  

Financials

    24.2%   

Energy

    18.7%   

Information Technology

    17.9%   

Consumer Discretionary

    9.5%   

Materials

    8.1%   

Utilities

    6.2%   

Industrials

    4.7%   

Healthcare

    4.7%   

Consumer Staples

    4.1%   

Telecommunication Services

    1.6%   

Other Assets less Liabilities

    0.3%   

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 includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Reliance Industries Ltd.

    8.4%   

Infosys Ltd.

    7.4%   

Housing Development Finance Corp.

    6.5%   

Oil & Natural Gas Corp., Ltd.

    4.5%   

ICICI Bank Ltd.

    4.0%   

Tata Consultancy Services Ltd.

    3.9%   

Tata Motors Ltd.

    3.5%   

State Bank of India

    2.3%   

Cairn India Ltd.

    2.3%   

NTPC Ltd.

    2.2%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree India Earnings Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree India Earnings Index.

The Fund returned 16.82% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Financials. The Fund’s position in Telecommunication Services contributed the least to performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.83%.

Performance as of 9/30/14

 

        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      Since
Inception1
 

Fund NAV Returns

       16.82      45.71      6.45      1.97      -1.09

Fund Market Price Returns

       16.33      45.10      7.51      1.75      -1.26

WisdomTree India Earnings Index

       17.99      48.20      7.85      3.19      0.36

MSCI India Index

       15.30      37.61      9.02      4.34      0.04
* Returns of less than one year are cumulative.
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on February 22, 2008.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      13   


Table of Contents

Performance Summary (unaudited)

WisdomTree Middle East Dividend Fund (GULF)

 

Sector Breakdown as of 9/30/14

 

Sector   % of Net Assets  

Financials

    61.1%   

Telecommunication Services

    20.6%   

Industrials

    9.9%   

Energy

    2.7%   

Materials

    2.5%   

Utilities

    1.3%   

Consumer Discretionary

    0.9%   

Consumer Staples

    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 includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Qatar National Bank SAQ

    6.9%   

Industries Qatar QSC

    6.8%   

First Gulf Bank PJSC

    6.6%   

Maroc Telecom

    5.8%   

Mobile Telecommunications Co. KSC

    4.8%   

Emirates NBD PJSC

    4.6%   

Abu Dhabi Commercial Bank PJSC

    4.1%   

Orascom Telecom Media and Technology Holding SAE

    3.6%   

National Bank of Abu Dhabi PJSC

    3.1%   

National Bank of Kuwait SAKP

    3.0%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree Middle East Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Middle East Dividend Index.

The Fund returned 8.57% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in the United Arab Emirates. The Fund’s position in Jordan created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.88%.

Performance as of 9/30/14

 

      Average Annual Total Return  
      6-Month*     1 Year     3 Year     5 Year     Since
Inception1
 

Fund NAV Returns

     8.57     35.44     21.86     13.31     3.51

Fund Market Price Returns

     8.62     38.15     23.19     12.99     3.33

WisdomTree Middle East Dividend Index

     8.94     36.98     21.75     13.87     4.84

MSCI Arabian Markets ex-Saudi Arabia Index

     10.66     34.02     17.06     7.41     -1.89
* Returns of less than one year are cumulative.
1 

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on July 16, 2008.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

14   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Description of Indexes (unaudited)

 

Below are descriptions of each Index referenced in this report:

The Dow Jones Global ex-U.S. Select Real Estate Securities Index is a float-adjusted market capitalization weighted index that defines and measures the investable universe of publicly traded real estate securities in countries outside the U.S.

The FTSE China 50 Index is a capitalization weighted index that is comprised of the 50 largest and most liquid Chinese securities.

The MSCI AC Asia Pacific ex-Japan Index is comprised of large- and mid-capitalization segments of emerging market and developed market countries in the Asia Pacific region, excluding Japan.

The MSCI AC World ex-USA Growth Index is comprised of growth stocks in the developed and emerging markets covered by MSCI, excluding the U.S.

The MSCI AC World Index is comprised of the world stock market indexes covered by MSCI.

The MSCI ACWI ex-USA Index is comprised of large- and mid-capitalization segments of the developed and emerging markets covered by MSCI, excluding the U.S.

The MSCI Arabian Markets ex-Saudi Arabia Index is a free float-adjusted market capitalization index that aims to represent the universe of companies in the Gulf Cooperation Council (GCC) countries, excluding Saudi Arabia, plus Jordan, Egypt, Morocco, Tunisia and Lebanon.

The MSCI China Index is a capitalization weighted index that is comprised of stocks in China.

The MSCI Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure emerging markets equity performance.

The MSCI Emerging Markets Small Cap Index is a free float-adjusted market capitalization index that is designed to measure the performance of small capitalization equities in the emerging markets.

The MSCI Europe Value Index is comprised of value stocks in the MSCI Europe Index.

The MSCI India Index is a free float-adjusted market capitalization index that is comprised of stocks in India.

The MSCI Japan Value Index is comprised of value stocks in the MSCI Japan Index.

The MSCI Pacific ex-Japan Index is a subset of the MSCI EAFE Index that is comprised of stocks in Australia, Hong Kong, Singapore and New Zealand.

The S&P Developed ex-U.S. BMI Sector Indexes are indexes that track specific sectors of developed global markets outside the United States.

The S&P Global Natural Resources Index is comprised of the largest publicly traded companies in natural resources and commodities businesses that meet specific eligibility requirements.

The WisdomTree Asia Pacific ex-Japan Index is comprised of dividend-paying companies incorporated in emerging market and developed countries in the Pacific region, excluding Japan.

The WisdomTree China Dividend ex-Financials Index is comprised of Chinese dividend paying stocks outside the financial sector.

The WisdomTree Commodity Country Equity Index is comprised of dividend-paying companies in developed and emerging market countries outside the U.S. and Canada in the Commodities sector.

The WisdomTree Emerging Markets Consumer Growth Index consists of stocks that best exemplify growth trends in emerging market consumers and their local economies.

The WisdomTree Emerging Markets Dividend Growth Index consists of dividend paying stocks with growth characteristics selected from the WisdomTree Emerging Markets Dividend Index.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      15   


Table of Contents

Description of Indexes (unaudited) (continued)

 

The WisdomTree Emerging Markets Equity Income Index is comprised of the highest dividend-yielding stocks selected from the WisdomTree Emerging Markets Dividend Index.

The WisdomTree Emerging Markets SmallCap Dividend Index is comprised of primarily small-capitalization stocks selected from the WisdomTree Emerging Markets Dividend Index.

The WisdomTree Europe Equity Income Index is comprised of companies with high dividend yields selected from the WisdomTree Europe Dividend Index.

The WisdomTree Global Equity Income Index is comprised of high dividend-paying companies selected from the WisdomTree Global Dividend Index.

The WisdomTree Global ex-U.S. Dividend Growth Index is comprised of growth companies selected from developed and emerging markets outside the U.S.

The WisdomTree Global ex-U.S. Real Estate Index is comprised of companies in developed and emerging markets outside of Canada and the U.S., which WisdomTree classifies as being Global Real Estate securities.

The WisdomTree Global ex-U.S. Utilities Index is comprised of dividend-paying companies in developed and emerging market countries outside the U.S. and Canada in the Utilities sector.

The WisdomTree Global Natural Resources Index is comprised of dividend-paying companies in developed and emerging market countries outside the U.S. and Canada in the Natural Resources sector.

The WisdomTree India Earnings Index is a fundamentally weighted index that is comprised of companies incorporated and traded in India that are profitable and that are eligible to be purchased by foreign investors as of the index measurement date.

The WisdomTree International Real Estate Index is comprised of companies in developed markets outside of the U.S. and Canada that pay regular cash dividends and that WisdomTree Investments classifies as being part of the International Real Estate sector.

The WisdomTree International Sector Indexes, which encompass Basic Materials, Energy and Utilities, are derived from the WisdomTree DEFA Index, and measure the performance of dividend-paying companies in developed markets outside the U.S. and Canada, within their specific international sectors.

The WisdomTree Japan Equity Income Index is comprised of companies with high dividend yields selected from the WisdomTree Japan Dividend Index.

The WisdomTree Middle East Dividend Index is comprised of companies in the Middle East region that pay regular cash dividends on shares of common stock and that meet specified requirements as of the index measurement date.

The WisdomTree Pacific ex-Japan Dividend Index is comprised of dividend-paying companies incorporated in the Pacific region, excluding Japan.

Index performance information assumes the reinvestment of net dividends and excludes management fees, transaction costs and expenses. You cannot directly invest in an index.

The Dow Jones Global ex-U.S. Select Real Estate Securities Index is calculated, distributed and marketed by Dow Jones Indexes, a licensed trademark of CME Group Index Services LLC, and has been licensed for use.

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

 

16   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Description of Indexes (unaudited) (concluded)

 

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.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      17   


Table of Contents

Shareholder Expense Examples (unaudited)

 

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 following example is intended to help you understand your ongoing costs (in dollars and cents) of investing in a Fund and to compare these costs with the ongoing costs of investing in other funds.

The example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period from April 1, 2014 to September 30, 2014.

Actual expenses

The first line under each Fund in the table on the next page provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line for your Fund under the heading entitled “Expenses Paid During the Period 4/1/14 to 9/30/14” to estimate the expenses you paid on your account during the period.

Hypothetical example for comparison purposes

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

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

 

18   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Shareholder Expense Examples (unaudited) (concluded)

 

      Beginning
Account Value
4/1/14
     Ending
Account Value
9/30/14
     Annualized
Expense Ratio
Based on the
Period
4/1/14 to
9/30/14
    Expenses Paid
During the
Period†
4/1/14  to
9/30/14
 

WisdomTree Asia Pacific ex-Japan Fund

          

Actual

   $ 1,000.00       $ 1,044.10         0.49   $ 2.51   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,022.61         0.49   $ 2.48   

WisdomTree China Dividend ex-Financials Fund

          

Actual

   $ 1,000.00       $ 1,069.60         0.64   $ 3.32   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,021.86         0.64   $ 3.24   

WisdomTree Commodity Country Equity Fund

          

Actual

   $ 1,000.00       $ 976.90         0.59   $ 2.92   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,022.11         0.59   $ 2.99   

WisdomTree Emerging Markets Consumer Growth Fund

          

Actual

   $ 1,000.00       $ 1,035.10         0.64   $ 3.27   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,021.86         0.64   $ 3.24   

WisdomTree Emerging Markets Dividend Growth Fund

          

Actual

   $ 1,000.00       $ 1,042.70         0.64   $ 3.28   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,021.86         0.64   $ 3.24   

WisdomTree Emerging Markets Equity Income Fund

          

Actual

   $ 1,000.00       $ 1,008.40         0.64   $ 3.22   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,021.86         0.64   $ 3.24   

WisdomTree Emerging Markets SmallCap Dividend Fund

          

Actual

   $ 1,000.00       $ 1,024.30         0.64   $ 3.25   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,021.86         0.64   $ 3.24   

WisdomTree Global Equity Income Fund

  

Actual

   $ 1,000.00       $ 1,001.70         0.59   $ 2.96   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,022.11         0.59   $ 2.99   

WisdomTree Global ex-U.S. Dividend Growth Fund

  

Actual

   $ 1,000.00       $ 994.80         0.59   $ 2.95   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,022.11         0.59   $ 2.99   

WisdomTree Global ex-U.S. Real Estate Fund

  

Actual

   $ 1,000.00       $ 1,050.00         0.59   $ 3.03   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,022.11         0.59   $ 2.99   

WisdomTree Global ex-U.S. Utilities Fund

  

Actual

   $ 1,000.00       $ 1,015.50         0.59   $ 2.98   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,022.11         0.59   $ 2.99   

WisdomTree Global Natural Resources Fund

  

Actual

   $ 1,000.00       $ 973.50         0.59   $ 2.92   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,022.11         0.59   $ 2.99   

WisdomTree India Earnings Fund (consolidated)

  

Actual

   $ 1,000.00       $ 1,168.20         0.85   $ 4.62   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,020.81         0.85   $ 4.31   

WisdomTree Middle East Dividend Fund

  

Actual

   $ 1,000.00       $ 1,085.70         0.89   $ 4.65   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,020.61         0.89   $ 4.51   
Expenses are calculated using each Fund’s annualized expense ratio, multiplied by the average account value for the period, multiplied by 183/365 (to reflect the one-half year period).

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      19   


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Asia Pacific ex-Japan Fund (AXJL)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 96.7%      
Australia – 21.6%      

AGL Energy Ltd.

     3,327       $ 39,419   

Amcor Ltd.

     14,526         144,015   

AMP Ltd.

     5,956         28,456   

Aurizon Holdings Ltd.

     7,839         31,074   

Australia & New Zealand Banking Group Ltd.

     25,218         682,312   

BHP Billiton Ltd.

     48,370         1,433,587   

Brambles Ltd.

     19,315         160,903   

Caltex Australia Ltd.

     2,857         69,975   

Coca-Cola Amatil Ltd.

     11,063         84,996   

Commonwealth Bank of Australia

     14,524         956,878   

Computershare Ltd.

     5,704         60,694   

Crown Resorts Ltd.(a)

     9,436         113,946   

CSL Ltd.

     2,544         165,112   

Insurance Australia Group Ltd.

     16,534         88,545   

Leighton Holdings Ltd.

     5,951         100,503   

Macquarie Group Ltd.

     2,133         107,491   

National Australia Bank Ltd.

     22,130         630,132   

Orica Ltd.

     2,196         36,318   

Origin Energy Ltd.

     14,123         185,004   

QBE Insurance Group Ltd.

     3,579         36,517   

Ramsay Health Care Ltd.

     133         5,830   

Rio Tinto Ltd.

     5,911         308,173   

Santos Ltd.

     11,681         139,727   

Sonic Healthcare Ltd.

     4,811         73,841   

Suncorp Group Ltd.

     12,050         148,043   

Sydney Airport

     34,875         130,309   

Telstra Corp., Ltd.

     307,483         1,426,034   

Wesfarmers Ltd.

     23,265         858,295   

Westpac Banking Corp.(a)

     31,725         892,237   

Woodside Petroleum Ltd.

     10,890         386,889   

Woolworths Ltd.

     18,062         541,168   

WorleyParsons Ltd.

     2,494         33,478   
     

 

 

 
Total Australia         10,099,901   
China – 25.4%      

Agricultural Bank of China Ltd. Class H

     187,000         82,842   

Bank of China Ltd. Class H

     677,255         303,518   

Bank of Communications Co., Ltd. Class H

     133,955         93,327   

Beijing Enterprises Holdings Ltd.

     8,000         68,563   

BOC Hong Kong Holdings Ltd.

     101,889         324,755   

China CITIC Bank Corp., Ltd. Class H

     77,500         47,008   

China Construction Bank Corp. Class H

     2,455,100         1,719,971   

China Life Insurance Co., Ltd. Class H

     22,191         61,585   

China Longyuan Power Group Corp. Class H

     58,800         57,474   

China Merchants Bank Co., Ltd. Class H

     62,029         106,083   

China Merchants Holdings International Co., Ltd.(a)

     28,592         88,371   

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

     49,759         45,497   

China Mobile Ltd.

     371,388         4,292,549   

China National Building Material Co., Ltd. Class H(a)

     71,100         64,461   

China Overseas Land & Investment Ltd.

     29,065         74,786   

China Pacific Insurance Group Co., Ltd. Class H

     14,671         51,579   
Investments    Shares      Value  
     

China Petroleum & Chemical Corp. Class H

     676,449       $ 592,375   

China Resources Power Holdings Co., Ltd.

     48,218         130,091   

China Shenhua Energy Co., Ltd. Class H

     66,736         186,068   

China Telecom Corp., Ltd. Class H

     653,038         400,312   

China Unicom Hong Kong Ltd.

     153,948         229,977   

CNOOC Ltd.

     663,568         1,138,263   

Dongfeng Motor Group Co., Ltd. Class H

     88,000         144,606   

Fosun International Ltd.(a)

     89,500         107,422   

Great Wall Motor Co., Ltd. Class H(a)

     6,500         25,238   

Guangdong Investment Ltd.

     98,000         114,469   

Industrial & Commercial Bank of China Ltd. Class H

     799,270         498,186   

Lenovo Group Ltd.(a)

     63,000         93,789   

PetroChina Co., Ltd. Class H

     400,893         513,694   

PICC Property & Casualty Co., Ltd. Class H

     79,444         140,777   

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

     18,000         17,803   

Sinopharm Group Co., Ltd. Class H(a)

     8,700         31,819   

Sun Art Retail Group Ltd.(a)

     63,225         71,489   
     

 

 

 
Total China         11,918,747   
Hong Kong – 7.1%      

AIA Group Ltd.

     29,525         152,661   

Bank of East Asia Ltd.

     11,338         45,921   

Cathay Pacific Airways Ltd.

     24,397         44,929   

Cheung Kong Holdings Ltd.

     13,277         218,687   

CLP Holdings Ltd.

     45,366         364,267   

Hang Lung Group Ltd.

     7,000         34,662   

Hang Lung Properties Ltd.

     12,000         34,153   

Hang Seng Bank Ltd.

     9,103         146,185   

Henderson Land Development Co., Ltd.

     17,270         111,870   

HKT Trust and HKT Ltd.

     157,738         190,543   

Hong Kong & China Gas Co., Ltd.

     76,420         165,730   

Hong Kong Exchanges and Clearing Ltd.

     3,135         67,463   

Hutchison Whampoa Ltd.

     48,027         581,388   

Hysan Development Co., Ltd.

     7,000         32,363   

MTR Corp., Ltd.

     68,265         267,254   

New World Development Co., Ltd.

     39,409         45,879   

Power Assets Holdings Ltd.

     31,579         279,185   

Sino Land Co., Ltd.

     64,924         100,332   

SJM Holdings Ltd.

     70,276         133,944   

Sun Hung Kai Properties Ltd.

     8,534         121,002   

Swire Properties Ltd.

     18,200         56,720   

Techtronic Industries Co.

     4,500         13,010   

Wharf Holdings Ltd. (The)

     12,350         87,793   

Wheelock & Co., Ltd.

     7,000         33,445   
     

 

 

 
Total Hong Kong         3,329,386   
India – 0.3%      

Infosys Ltd. ADR

     2,310         139,732   
Indonesia – 3.8%      

Astra International Tbk PT

     514,961         297,946   

Bank Central Asia Tbk PT

     78,275         83,992   

Bank Danamon Indonesia Tbk PT

     32,985         10,571   

Bank Mandiri Persero Tbk PT

     108,624         89,814   

 

See Notes to Financial Statements.

 

20   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Asia Pacific ex-Japan Fund (AXJL)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Bank Rakyat Indonesia Persero Tbk PT

     129,100       $ 110,453   

Charoen Pokphand Indonesia Tbk PT

     38,553         13,415   

Gudang Garam Tbk PT

     16,198         75,340   

Indocement Tunggal Prakarsa Tbk PT

     31,500         55,710   

Indofood CBP Sukses Makmur Tbk PT

     25,900         24,125   

Indofood Sukses Makmur Tbk PT

     97,600         56,069   

Kalbe Farma Tbk PT

     224,000         31,252   

Perusahaan Gas Negara Persero Tbk PT

     402,100         197,998   

Semen Indonesia Persero Tbk PT

     97,400         123,299   

Telekomunikasi Indonesia Persero Tbk PT

     1,457,000         348,556   

Unilever Indonesia Tbk PT

     70,235         183,297   

United Tractors Tbk PT

     37,700         61,570   
     

 

 

 
Total Indonesia         1,763,407   
Malaysia – 6.6%      

AMMB Holdings Bhd

     29,700         62,197   

Astro Malaysia Holdings Bhd

     4,900         5,004   

Axiata Group Bhd

     97,500         208,048   

British American Tobacco Malaysia Bhd

     5,800         124,646   

CIMB Group Holdings Bhd

     26,000         55,717   

DiGi.Com Bhd

     129,000         230,041   

Felda Global Ventures Holdings Bhd

     46,900         50,467   

Genting Bhd

     14,700         42,525   

Genting Malaysia Bhd

     72,400         92,252   

IOI Corp. Bhd

     87,800         128,736   

Kuala Lumpur Kepong Bhd

     4,200         26,989   

Malayan Banking Bhd

     110,501         335,495   

Maxis Bhd

     179,700         354,963   

Nestle (Malaysia) Bhd

     2,900         58,698   

Petronas Chemicals Group Bhd

     131,400         249,942   

Petronas Dagangan Bhd

     18,000         109,739   

Petronas Gas Bhd

     19,000         132,748   

PPB Group Bhd

     13,800         59,735   

Public Bank Bhd

     28,490         164,140   

Sime Darby Bhd

     70,400         196,360   

Telekom Malaysia Bhd

     44,100         88,724   

Tenaga Nasional Bhd

     65,900         248,694   

YTL Corp. Bhd

     137,800         70,570   
     

 

 

 
Total Malaysia         3,096,430   
Philippines – 1.9%      

Aboitiz Equity Ventures, Inc.

     75,140         90,247   

Aboitiz Power Corp.

     113,600         103,152   

Alliance Global Group, Inc.

     68,900         39,918   

Globe Telecom, Inc.

     2,355         85,169   

JG Summit Holdings, Inc.

     19,399         25,028   

Manila Electric Co.

     16,700         94,445   

Philippine Long Distance Telephone Co.

     4,155         286,829   

SM Investments Corp.

     5,146         92,135   

Universal Robina Corp.

     15,170         63,212   
     

 

 

 
Total Philippines         880,135   
Singapore – 6.1%      

City Developments Ltd.

     5,000         37,717   

DBS Group Holdings Ltd.

     20,017         289,119   
Investments    Shares      Value  
     

Hutchison Port Holdings Trust

     322,995       $ 226,096   

Jardine Cycle & Carriage Ltd.

     5,391         181,391   

Keppel Corp., Ltd.

     35,235         290,102   

Oversea-Chinese Banking Corp., Ltd.(a)

     20,981         160,242   

Sembcorp Industries Ltd.

     35,116         142,634   

Sembcorp Marine Ltd.(a)

     34,757         101,930   

Singapore Airlines Ltd.(a)

     557         4,298   

Singapore Exchange Ltd.

     1,869         10,596   

Singapore Press Holdings Ltd.(a)

     36,000         118,560   

Singapore Technologies Engineering Ltd.

     50,625         144,892   

Singapore Telecommunications Ltd.

     304,577         907,545   

StarHub Ltd.(a)

     40,000         129,225   

United Overseas Bank Ltd.

     6,574         115,469   
     

 

 

 
Total Singapore         2,859,816   
South Korea – 6.4%      

E-Mart Co., Ltd.

     240         52,423   

Hana Financial Group, Inc.

     1,186         43,270   

Hanwha Life Insurance Co., Ltd.

     10,343         69,590   

Hyundai Glovis Co., Ltd.

     226         68,962   

Hyundai Mobis Co., Ltd.

     419         102,045   

Hyundai Motor Co.

     1,046         188,830   

Hyundai Steel Co.

     939         66,026   

Industrial Bank of Korea

     1,059         16,007   

Kangwon Land, Inc.

     2,841         96,517   

KB Financial Group, Inc.

     67         2,448   

Kia Motors Corp.

     2,575         131,038   

Korea Zinc Co., Ltd.

     196         72,438   

KT Corp.

     700         22,753   

KT Corp. ADR(a)

     10,882         176,397   

KT&G Corp.

     1,937         173,463   

LG Chem Ltd.

     340         82,322   

LG Corp.

     657         47,816   

LG Electronics, Inc.

     460         28,640   

LG Household & Health Care Ltd.

     42         20,179   

Lotte Shopping Co., Ltd.

     31         9,283   

NAVER Corp.

     21         16,060   

POSCO

     849         264,294   

S-Oil Corp.

     1,297         52,605   

Samsung Electro-Mechanics Co., Ltd.

     443         20,780   

Samsung Electronics Co., Ltd.

     338         379,239   

Samsung Fire & Marine Insurance Co., Ltd.

     231         61,841   

Samsung Heavy Industries Co., Ltd.

     2,642         63,218   

Samsung Life Insurance Co., Ltd.

     930         93,419   

Samsung SDI Co., Ltd.

     112         13,002   

Shinhan Financial Group Co., Ltd.

     361         16,626   

SK Holdings Co., Ltd.

     497         88,779   

SK Innovation Co., Ltd.

     733         56,334   

SK Telecom Co., Ltd.

     413         113,499   

SK Telecom Co., Ltd. ADR(a)

     10,343         313,806   
     

 

 

 
Total South Korea         3,023,949   
Taiwan – 12.0%      

Advanced Semiconductor Engineering, Inc.

     49,175         57,226   

Asustek Computer, Inc.

     13,740         130,988   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      21   


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Asia Pacific ex-Japan Fund (AXJL)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Cathay Financial Holding Co., Ltd.

     14,614       $ 23,805   

Cheng Shin Rubber Industry Co., Ltd.

     34,948         77,089   

China Steel Corp.

     133,078         113,744   

Chunghwa Telecom Co., Ltd.

     174,000         524,525   

CTBC Financial Holding Co., Ltd.

     51,072         34,334   

Delta Electronics, Inc.

     30,000         189,352   

Far Eastern New Century Corp.

     73,141         73,695   

Far EasTone Telecommunications Co., Ltd.

     47,000         90,077   

First Financial Holding Co., Ltd.

     39,274         23,691   

Formosa Chemicals & Fibre Corp.

     116,830         269,996   

Formosa Petrochemical Corp.

     93,511         226,865   

Formosa Plastics Corp.

     119,840         284,044   

Fubon Financial Holding Co., Ltd.

     62,803         96,415   

Hon Hai Precision Industry Co., Ltd.

     117,448         370,651   

HTC Corp.(a)

     55,450         240,615   

Hua Nan Financial Holdings Co., Ltd.

     20,043         11,695   

MediaTek, Inc.

     14,000         207,334   

Mega Financial Holding Co., Ltd.

     35,516         29,130   

Nan Ya Plastics Corp.

     145,230         317,965   

President Chain Store Corp.

     16,000         114,663   

Quanta Computer, Inc.

     105,000         266,474   

Taiwan Cement Corp.

     112,772         167,937   

Taiwan Mobile Co., Ltd.

     63,100         191,461   

Taiwan Semiconductor Manufacturing Co., Ltd.(a)

     312,000         1,230,790   

Uni-President Enterprises Corp.

     60,179         104,455   

United Microelectronics Corp.

     287,000         118,878   

Yuanta Financial Holding Co., Ltd.

     50,225         24,766   
     

 

 

 
Total Taiwan         5,612,660   
Thailand – 5.5%      

Advanced Info Service PCL

     55,300         383,732   

Airports of Thailand PCL NVDR

     8,384         61,797   

Bangkok Bank PCL NVDR

     14,700         92,484   

Central Pattana PCL NVDR

     16,678         23,918   

Charoen Pokphand Foods PCL

     231,500         215,971   

CP ALL PCL

     65,100         89,845   

Intouch Holdings PCL NVDR

     51,085         114,222   

PTT Exploration & Production PCL

     85,413         421,467   

PTT Global Chemical PCL

     130,794         246,058   

PTT PCL

     39,200         435,220   

Siam Cement PCL (The) NVDR

     17,571         243,854   

Siam Commercial Bank PCL (The)

     18,900         106,085   

Total Access Communication PCL NVDR

     41,982         135,948   
     

 

 

 
Total Thailand               2,570,601   
TOTAL COMMON STOCKS
(Cost: $41,364,971)
              45,294,764   
EXCHANGE-TRADED FUNDS & NOTES – 3.0%      
United States – 3.0%      

iPath MSCI India Index ETN*

     20,043         1,407,018   

WisdomTree Global ex-U.S. Real Estate Fund(b)

     84         2,379   
TOTAL EXCHANGE-TRADED FUNDS & NOTES
(Cost: $1,094,887)
              1,409,397   
Investments    Shares      Value  
     
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.9%      
United States – 3.9%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(c)

     
(Cost: $1,837,856)(d)      1,837,856       $ 1,837,856   
TOTAL INVESTMENTS IN SECURITIES – 103.6%
(Cost: $44,297,714)
        48,542,017   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (3.6)%

        (1,701,570
     

 

 

 
NET ASSETS – 100.0%       $ 46,840,447   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

Affiliated company (See Note 8).

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(d) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $2,042,183 and the total market value of the collateral held by the Fund was $2,155,556. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $317,700.

ADR – American Depositary Receipt

ETN – Exchange Traded Note

NVDR – Non-Voting Depositary Receipt

 

See Notes to Financial Statements.

 

22   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (unaudited)

WisdomTree China Dividend ex-Financials Fund (CHXF)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
     
COMMON STOCKS – 99.7%      
China – 99.7%      
Aerospace & Defense – 0.2%      

AviChina Industry & Technology Co., Ltd. Class H(a)

     52,000       $ 37,166   
Airlines – 0.3%      

Air China Ltd. Class H

     98,000         61,967   
Auto Components – 0.8%      

Minth Group Ltd.

     72,000         139,455   
Automobiles – 5.1%      

Dongfeng Motor Group Co., Ltd. Class H

     196,000         322,077   

Great Wall Motor Co., Ltd. Class H(a)

     73,500         285,383   

Guangzhou Automobile Group Co., Ltd. Class H

     340,000         328,830   
     

 

 

 
Total Automobiles               936,290   
Beverages – 0.2%      

Tsingtao Brewery Co., Ltd. Class H(a)

     6,000         42,730   
Chemicals – 0.6%      

China BlueChemical Ltd. Class H

     234,000         101,554   
Construction & Engineering – 3.1%      

China Communications Construction Co., Ltd. Class H

     496,000         357,703   

China Railway Group Ltd. Class H(a)

     216,000         114,605   

China State Construction International Holdings Ltd.

     66,000         98,085   
     

 

 

 
Total Construction & Engineering               570,393   
Construction Materials – 3.1%      

Anhui Conch Cement Co., Ltd. Class H(a)

     65,500         209,192   

China National Building Material Co., Ltd. Class H(a)

     264,000         239,348   

China Shanshui Cement Group Ltd.(a)

     357,000         127,351   
     

 

 

 
Total Construction Materials               575,891   
Diversified Telecommunication Services – 5.6%      

China Communications Services Corp., Ltd. Class H

     260,000         120,874   

China Telecom Corp., Ltd. Class H

     972,000         595,835   

China Unicom Hong Kong Ltd.

     210,000         313,712   
     

 

 

 
Total Diversified Telecommunication Services               1,030,421   
Electrical Equipment – 1.5%      

Shanghai Electric Group Co., Ltd. Class H

     286,000         152,114   

Zhuzhou CSR Times Electric Co., Ltd. Class H

     33,500         129,425   
     

 

 

 
Total Electrical Equipment               281,539   
Electronic Equipment, Instruments & Components – 1.3%      

AAC Technologies Holdings, Inc.(a)

     40,000         232,322   
Energy Equipment & Services – 1.2%      

China Oilfield Services Ltd. Class H

     82,000         216,481   
Food & Staples Retailing – 1.2%      

China Resources Enterprise Ltd.(a)

     48,000         113,616   

Sun Art Retail Group Ltd.

     82,000         92,717   

Wumart Stores, Inc. Class H(a)

     23,000         21,504   
     

 

 

 
Total Food & Staples Retailing               227,837   
Food Products – 4.7%      

Tingyi Cayman Islands Holding Corp.

     82,000         215,426   
Investments    Shares      Value  
     

Uni-President China Holdings Ltd.(a)

     27,000       $ 26,982   

Want Want China Holdings Ltd.(a)

     491,000         612,082   
     

 

 

 
Total Food Products               854,490   
Gas Utilities – 1.4%      

China Gas Holdings Ltd.

     26,000         43,127   

China Resources Gas Group Ltd.(a)

     20,000         54,088   

ENN Energy Holdings Ltd.

     24,000         157,010   
     

 

 

 
Total Gas Utilities               254,225   
Health Care Equipment & Supplies – 0.3%      

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

     52,000         51,430   
Health Care Providers & Services – 1.5%      

Shanghai Pharmaceuticals Holding Co., Ltd. Class H

     46,900         114,637   

Sinopharm Group Co., Ltd. Class H(a)

     43,600         159,462   
     

 

 

 
Total Health Care Providers & Services               274,099   
Household Durables – 0.3%      

Haier Electronics Group Co., Ltd.

     19,000         49,793   
Independent Power and Renewable Electricity Producers – 5.0%      

China Longyuan Power Group Corp. Class H

     103,000         100,677   

China Resources Power Holdings Co., Ltd.

     166,000         447,863   

Datang International Power Generation Co., Ltd. Class H

     520,000         271,214   

Huaneng Power International, Inc. Class H

     94,000         102,654   
     

 

 

 
Total Independent Power and Renewable Electricity Producers               922,408   
Industrial Conglomerates – 3.8%      

Beijing Enterprises Holdings Ltd.

     18,000         154,267   

CITIC Ltd.(a)

     230,000         383,871   

Shanghai Industrial Holdings Ltd.

     52,000         154,023   
     

 

 

 
Total Industrial Conglomerates               692,161   
Internet Software & Services – 4.8%      

Tencent Holdings Ltd.

     58,500         870,143   
Machinery – 1.6%      

CSR Corp., Ltd. Class H(a)

     145,000         127,538   

Weichai Power Co., Ltd. Class H(a)

     15,000         54,185   

Zoomlion Heavy Industry Science and Technology Co., Ltd. Class H(a)

     204,400         119,243   
     

 

 

 
Total Machinery               300,966   
Metals & Mining – 4.6%      

Fosun International Ltd.(a)

     133,500         160,232   

Jiangxi Copper Co., Ltd. Class H(a)

     200,000         329,165   

Zijin Mining Group Co., Ltd. Class H(a)

     1,486,000         361,688   
     

 

 

 
Total Metals & Mining               851,085   
Multiline Retail – 0.5%      

Intime Retail Group Co., Ltd.(a)

     113,500         96,470   
Oil, Gas & Consumable Fuels – 22.6%      

China Coal Energy Co., Ltd. Class H(a)

     455,000         266,024   

China Petroleum & Chemical Corp. Class H

     1,122,000         982,550   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      23   


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree China Dividend ex-Financials Fund (CHXF)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

China Shenhua Energy Co., Ltd. Class H

     274,000       $ 763,944   

CNOOC Ltd.

     460,000         789,069   

Kunlun Energy Co., Ltd.

     114,000         164,428   

PetroChina Co., Ltd. Class H

     748,000         958,468   

Yanzhou Coal Mining Co., Ltd. Class H(a)

     258,000         211,647   
     

 

 

 
Total Oil, Gas & Consumable Fuels               4,136,130   
Personal Products – 3.1%      

Hengan International Group Co., Ltd.

     57,500         565,366   
Pharmaceuticals – 1.7%      

China Medical System Holdings Ltd.(a)

     54,000         92,352   

Sihuan Pharmaceutical Holdings Group Ltd.

     302,000         226,351   
     

 

 

 
Total Pharmaceuticals               318,703   
Software – 0.3%      

Kingsoft Corp., Ltd.(a)

     22,000         52,301   
Technology Hardware, Storage & Peripherals – 3.4%      

Lenovo Group Ltd.(a)

     412,000         613,350   
Textiles, Apparel & Luxury Goods – 0.5%      

Shenzhou International Group Holdings Ltd.

     28,000         90,147   
Transportation Infrastructure – 5.0%      

Beijing Capital International Airport Co., Ltd. Class H

     126,000         96,385   

China Merchants Holdings International Co., Ltd.

     116,000         358,527   

Jiangsu Expressway Co., Ltd. Class H(a)

     214,000         225,710   

Zhejiang Expressway Co., Ltd. Class H

     240,000         243,861   
     

 

 

 
Total Transportation Infrastructure               924,483   
Water Utilities – 1.7%      

Guangdong Investment Ltd.

     266,000         310,700   
Wireless Telecommunication Services – 8.7%      

China Mobile Ltd.

     138,000         1,595,021   
TOTAL COMMON STOCKS
(Cost: $18,581,642)
              18,277,517   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 22.8%      
United States – 22.8%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(b)

     
(Cost: $4,172,144)(c)      4,172,144         4,172,144   
TOTAL INVESTMENTS IN SECURITIES – 122.5%
(Cost: $22,753,786)
        22,449,661   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (22.5)%

        (4,124,586
     

 

 

 
NET ASSETS – 100.0%             $ 18,325,075   
(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(c) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $3,954,933 and the total market value of the collateral held by the Fund was $4,277,212. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $105,068.

 

See Notes to Financial Statements.

 

24   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Commodity Country Equity Fund (CCXE)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 99.3%      
Australia – 11.3%      

AGL Energy Ltd.

     1,529       $ 18,116   

Amcor Ltd.

     2,037         20,195   

AMP Ltd.

     5,693         27,200   

Australia & New Zealand Banking Group Ltd.

     6,569         177,734   

BHP Billiton Ltd.

     7,325         217,098   

Coca-Cola Amatil Ltd.(a)

     2,025         15,558   

Commonwealth Bank of Australia

     3,798         250,222   

CSL Ltd.

     372         24,144   

Insurance Australia Group Ltd.

     3,746         20,061   

Macquarie Group Ltd.

     512         25,802   

National Australia Bank Ltd.

     6,312         179,729   

Origin Energy Ltd.

     2,637         34,543   

QBE Insurance Group Ltd.

     1,378         14,060   

Rio Tinto Ltd.

     806         42,021   

Suncorp Group Ltd.

     2,054         25,235   

Telstra Corp., Ltd.

     47,449         220,057   

Wesfarmers Ltd.

     3,188         117,612   

Westpac Banking Corp.(a)

     8,080         227,243   

Woodside Petroleum Ltd.

     1,976         70,201   

Woolworths Ltd.

     3,085         92,432   
     

 

 

 
Total Australia               1,819,263   
Brazil – 11.2%      

AMBEV S.A.

     35,069         229,632   

Banco Bradesco S.A.

     5,042         72,040   

Banco do Brasil S.A.

     19,852         205,036   

Banco Santander Brasil S.A.

     15,918         102,867   

BM&FBovespa S.A.

     7,832         35,777   

CCR S.A.

     7,427         50,876   

Cia Energetica de Minas Gerais

     6,799         41,911   

Cia Siderurgica Nacional S.A.

     16,447         58,413   

Cielo S.A.

     6,341         103,543   

CPFL Energia S.A.

     6,819         53,197   

Itau Unibanco Holding S.A.

     8,688         111,473   

Natura Cosmeticos S.A.

     2,181         32,925   

Petroleo Brasileiro S.A.

     15,918         112,094   

Souza Cruz S.A.

     7,536         60,606   

Telefonica Brasil S.A.

     2,123         36,643   

Tim Participacoes S.A.

     11,357         59,762   

Tractebel Energia S.A.

     5,660         79,507   

Transmissora Alianca de Energia Eletrica S.A.

     2,887         23,064   

Ultrapar Participacoes S.A.

     1,572         33,248   

Vale S.A.

     27,086         296,889   
     

 

 

 
Total Brazil               1,799,503   
Canada – 11.9%      

Bank of Montreal

     1,836         135,423   

Bank of Nova Scotia (The)(a)

     2,776         172,067   

Barrick Gold Corp.

     3,610         53,203   

BCE, Inc.(a)

     3,343         143,256   

Canadian Imperial Bank of Commerce(a)

     1,148         103,331   

Cenovus Energy, Inc.

     1,904         51,333   

Crescent Point Energy Corp.(a)

     2,146         77,617   
Investments    Shares      Value  
     

Enbridge, Inc.(a)

     1,775       $ 85,149   

Great-West Lifeco, Inc.

     2,316         66,752   

Husky Energy, Inc.(a)

     3,336         91,762   

Manulife Financial Corp.(a)

     3,261         62,854   

Potash Corp. of Saskatchewan, Inc.(a)

     1,493         51,808   

Power Financial Corp.(a)

     1,886         57,818   

Rogers Communications, Inc. Class B(a)

     1,548         58,066   

Royal Bank of Canada(a)

     3,352         240,103   

Sun Life Financial, Inc.(a)

     1,651         59,980   

Suncor Energy, Inc.(a)

     2,303         83,523   

Toronto-Dominion Bank (The)

     4,030         199,309   

TransCanada Corp.(a)

     2,202         113,652   
     

 

 

 
Total Canada               1,907,006   
Chile – 10.0%      

Administradora de Fondos de Pensiones Habitat S.A.

     21,910         32,252   

AES Gener S.A.

     109,180         57,979   

Aguas Andinas S.A. Class A

     185,810         107,678   

Antarchile S.A.

     3,638         47,198   

Banco de Chile

     1,756,001         216,792   

Banco de Credito e Inversiones

     1,213         68,542   

Banco Santander Chile

     3,055,181         170,667   

CAP S.A.

     2,337         24,797   

Cencosud S.A.

     12,570         37,072   

Cia Cervecerias Unidas S.A.

     4,483         49,417   

Corpbanca S.A.

     4,313,665         55,169   

Empresa Nacional de Electricidad S.A.

     86,383         126,787   

Empresas COPEC S.A.

     7,459         91,314   

Enersis S.A.

     650,151         206,657   

ENTEL Chile S.A.

     5,723         65,002   

Inversiones Aguas Metropolitanas S.A.

     33,028         50,518   

Inversiones La Construccion S.A.

     2,261         30,331   

Quinenco S.A.

     28,093         60,901   

S.A.C.I. Falabella

     14,340         108,348   
     

 

 

 
Total Chile               1,607,421   
New Zealand – 14.5%      

Air New Zealand Ltd.

     72,992         110,374   

Auckland International Airport Ltd.

     87,783         263,426   

Contact Energy Ltd.

     29,945         139,577   

Ebos Group Ltd.

     2,136         15,400   

Fisher & Paykel Healthcare Corp., Ltd.

     35,298         142,792   

Fletcher Building Ltd.

     44,581         305,093   

Freightways Ltd.

     10,796         42,916   

Infratil Ltd.

     45,766         100,953   

Kathmandu Holdings Ltd.

     14,900         36,700   

Mainfreight Ltd.

     4,455         51,844   

Michael Hill International Ltd.

     15,648         15,246   

Nuplex Industries Ltd.

     19,112         45,733   

PGG Wrightson Ltd.

     100,729         32,583   

Ryman Healthcare Ltd.

     10,498         63,907   

Sky Network Television Ltd.

     30,406         149,310   

SKYCITY Entertainment Group Ltd.

     38,289         108,932   

Spark New Zealand Ltd.

     274,635         635,771   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      25   


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Commodity Country Equity Fund (CCXE)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Tower Ltd.(a)

     10,630       $ 16,571   

Trade Me Group Ltd.

     23,326         63,635   
     

 

 

 
Total New Zealand               2,340,763   
Norway – 15.1%      

Akastor ASA

     3,049         12,271   

Aker ASA Class A

     805         26,446   

Aker Solutions ASA*(b)

     3,049         30,382   

Atea ASA

     2,105         23,679   

DNB ASA

     6,155         115,285   

Fred Olsen Energy ASA

     1,319         24,233   

Gjensidige Forsikring ASA

     6,370         134,784   

Kongsberg Gruppen A/S

     956         21,806   

Leroy Seafood Group ASA

     577         22,235   

Marine Harvest ASA(a)

     1,505         21,066   

Norsk Hydro ASA

     14,628         81,854   

Orkla ASA

     12,434         112,478   

Petroleum Geo-Services ASA(a)

     1,072         6,793   

Schibsted ASA

     358         19,442   

SpareBank 1 SR Bank ASA

     1,268         12,043   

Statoil ASA

     40,640         1,108,579   

Telenor ASA

     18,855         413,928   

TGS Nopec Geophysical Co. ASA(a)

     1,050         26,729   

Veidekke ASA

     1,683         16,967   

Wilh. Wilhelmsen ASA

     2,180         17,056   

Yara International ASA

     3,515         176,550   
     

 

 

 
Total Norway               2,424,606   
Russia – 12.1%      

Gazprom Neft OAO ADR

     3,951         75,543   

Gazprom OAO ADR(a)

     62,991         443,220   

Lukoil OAO ADR

     3,984         203,184   

Magnit OJSC GDR Reg S

     385         22,238   

MegaFon OAO GDR Reg S

     3,822         97,002   

MMC Norilsk Nickel OJSC ADR

     14,373         268,056   

Mobile Telesystems OJSC ADR(a)

     4,868         72,728   

NovaTek OAO GDR Reg S

     552         57,518   

Novolipetsk Steel OJSC GDR Reg S

     847         12,349   

Phosagro OAO GDR Reg S

     2,425         27,136   

Rosneft OAO GDR Reg S

     57,508         335,099   

Rostelecom OJSC ADR

     1,215         19,440   

RusHydro JSC ADR

     6,476         11,657   

Sberbank of Russia ADR

     10,333         81,819   

Severstal OAO GDR Reg S

     2,744         27,385   

Sistema JSFC GDR Reg S

     1,548         10,681   

Surgutneftegas OAO ADR

     7,196         47,997   

Tatneft OAO ADR

     1,623         57,308   

Uralkali OJSC GDR Reg S

     2,314         41,074   

VTB Bank OJSC GDR Reg S

     10,463         20,832   
     

 

 

 
Total Russia               1,932,266   
South Africa – 12.6%      

Barclays Africa Group Ltd.

     5,851         79,819   

Bidvest Group Ltd. (The)

     2,136         54,032   

Exxaro Resources Ltd.(a)

     2,888         32,800   
Investments    Shares      Value  
     

FirstRand Ltd.

     37,914       $ 144,364   

Imperial Holdings Ltd.

     1,829         28,160   

Kumba Iron Ore Ltd.

     4,988         117,669   

Liberty Holdings Ltd.

     2,071         22,587   

MMI Holdings Ltd.

     15,086         34,997   

MTN Group Ltd.

     20,769         438,092   

Nedbank Group Ltd.(a)

     3,748         72,610   

RMB Holdings Ltd.

     8,527         42,792   

Sanlam Ltd.

     13,068         75,528   

Sasol Ltd.

     6,066         329,306   

Shoprite Holdings Ltd.

     2,324         28,791   

Standard Bank Group Ltd.

     11,292         130,578   

Tiger Brands Ltd.

     1,289         35,987   

Truworths International Ltd.

     4,817         28,970   

Vodacom Group Ltd.(a)

     25,095         288,748   

Woolworths Holdings Ltd.

     6,110         37,807   
     

 

 

 
Total South Africa               2,023,637   
United States – 0.6%      

Thomson Reuters Corp.(a)

     2,673         97,587   
TOTAL COMMON STOCKS
(Cost: $16,467,395)
              15,952,052   
EXCHANGE-TRADED FUNDS – 0.2%      
United States – 0.2%      
WisdomTree Global Natural Resources Fund(c)
(Cost: $25,307)
     1,210         24,539   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 10.1%      
United States – 10.1%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(d)

     
(Cost: $1,622,084)(e)      1,622,084         1,622,084   
TOTAL INVESTMENTS IN SECURITIES – 109.6%
(Cost: $18,114,786)
        17,598,675   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (9.6)%

        (1,542,869
     

 

 

 
NET ASSETS – 100.0%             $ 16,055,806   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(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) 

Affiliated company (See Note 8).

 

(d) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(e) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $1,846,579 and the total market value of the collateral held by the Fund was $1,938,483. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $316,399.

ADR – American Depositary Receipt

GDR – Global Depositary Receipt

 

Reg S – Regulation S provides an exclusion from the registration requirements of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers.

 

See Notes to Financial Statements.

 

26   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Emerging Markets Consumer Growth Fund (EMCG)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
               
COMMON STOCKS – 97.8%      
Brazil – 12.4%      

AES Tiete S.A.

     10,400       $ 68,057   

AMBEV S.A.

     88,242         577,809   

Arezzo Industria e Comercio S.A.

     1,600         19,073   

BR Malls Participacoes S.A.

     33,700         265,930   

Cia de Saneamento Basico do Estado de Sao Paulo

     20,000         161,496   

Cia Hering

     4,400         44,546   

Cyrela Brazil Realty S.A. Empreendimentos e Participacoes

     17,700         89,237   

Direcional Engenharia S.A.

     8,800         35,852   

EcoRodovias Infraestrutura e Logistica S.A.

     9,000         44,309   

Estacio Participacoes S.A.

     3,200         33,233   

Even Construtora e Incorporadora S.A.

     14,100         31,370   

Grendene S.A.

     9,400         65,235   

Helbor Empreendimentos S.A.

     10,200         22,152   

Lojas Americanas S.A.

     16,000         75,114   

Lojas Renner S.A.

     2,500         72,543   

M. Dias Branco S.A.

     2,400         95,643   

Marisa Lojas S.A.

     5,300         33,709   

MRV Engenharia e Participacoes S.A.

     31,600         105,910   

Natura Cosmeticos S.A.

     8,800         132,848   

Rodobens Negocios Imobiliarios S.A.

     3,200         13,129   

Santos Brasil Participacoes S.A.

     2,300         15,567   

Sonae Sierra Brasil S.A.

     13,000         97,224   

Souza Cruz S.A.

     27,200         218,746   

Sul America S.A.

     25,200         156,574   

Technos S.A.

     1,800         7,385   

Tegma Gestao Logistica

     1,800         13,080   
     

 

 

 
Total Brazil               2,495,771   
Chile – 0.4%      

Empresas Hites S.A.

     16,336         7,513   

ENTEL Chile S.A.

     3,929         44,625   

Forus S.A.

     5,390         22,810   
     

 

 

 
Total Chile               74,948   
China – 18.1%      

Air China Ltd. Class H

     224,000         141,639   

China Eastern Airlines Corp., Ltd. Class H*(a)

     304,000         97,874   

China Southern Airlines Co., Ltd. Class H

     224,000         73,271   

Chongqing Rural Commercial Bank Class H(a)

     388,900         176,292   

Datang International Power Generation Co., Ltd. Class H

     288,000         150,211   

Dongfeng Motor Group Co., Ltd. Class H

     368,000         604,716   

Great Wall Motor Co., Ltd. Class H(a)

     68,000         264,028   

Guangzhou Automobile Group Co., Ltd. Class H

     64,000         61,897   

Guangzhou R&F Properties Co., Ltd. Class H

     102,400         103,520   

Huadian Power International Corp., Ltd. Class H

     96,000         67,626   

Huaneng Power International, Inc. Class H(a)

     160,000         174,731   

Jiangsu Expressway Co., Ltd. Class H

     64,000         67,502   

Lianhua Supermarket Holdings Co., Ltd. Class H(a)

     40,000         21,429   

New China Life Insurance Co., Ltd. Class H

     33,300         116,002   

PICC Property & Casualty Co., Ltd. Class H

     284,700         504,497   
Investments    Shares      Value  
               

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

     95,500       $ 717,009   

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

     32,000         31,649   

Shanghai Fosun Pharmaceutical Group Co., Ltd. Class H(a)

     28,978         93,482   

Shanghai Pharmaceuticals Holding Co., Ltd. Class H

     33,200         81,150   

Tsingtao Brewery Co., Ltd. Class H(a)

     12,000         85,459   

Wumart Stores, Inc. Class H(a)

     4,000         3,740   
     

 

 

 
Total China               3,637,724   
India – 8.8%      

Adani Enterprises Ltd.

     5,191         39,563   

Apollo Tyres Ltd.

     30,500         100,621   

Bajaj Auto Ltd.

     1,400         53,307   

Bank of Baroda

     5,726         83,656   

Dena Bank

     21,000         19,721   

Hero MotoCorp Ltd.

     700         32,184   

Hindustan Unilever Ltd.

     24,700         298,352   

Mahindra & Mahindra Ltd. GDR

     19,890         441,160   

Sun TV Network Ltd.

     100         548   

Tata Motors Ltd. ADR(a)

     14,727         643,717   

Zee Entertainment Enterprises Ltd.

     9,500         48,323   
     

 

 

 
Total India               1,761,152   
Indonesia – 8.5%      

Ace Hardware Indonesia Tbk PT

     279,000         20,264   

Agung Podomoro Land Tbk PT

     629,500         17,720   

Alam Sutera Realty Tbk PT

     363,500         13,574   

Astra International Tbk PT

     1,138,000         658,424   

Bank Bukopin Tbk PT

     263,000         15,433   

Bank Pan Indonesia Tbk PT*

     339,500         27,166   

Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT

     235,000         15,332   

Bank Tabungan Negara Persero Tbk PT

     235,000         22,565   

Gajah Tunggal Tbk PT

     178,500         22,706   

Garuda Indonesia Persero Tbk PT*

     574,703         19,573   

Gudang Garam Tbk PT

     40,000         186,049   

Indofood CBP Sukses Makmur Tbk PT

     76,000         70,792   

Indofood Sukses Makmur Tbk PT

     198,000         113,746   

Japfa Comfeed Indonesia Tbk PT

     335,000         33,816   

Mayora Indah Tbk PT

     14,500         36,295   

Media Nusantara Citra Tbk PT

     219,000         57,424   

Mitra Adiperkasa Tbk PT

     32,000         14,444   

Pakuwon Jati Tbk PT

     469,000         15,550   

Panin Financial Tbk PT*

     1,102,000         25,142   

Ramayana Lestari Sentosa Tbk PT

     145,000         11,007   

Summarecon Agung Tbk PT

     174,000         17,421   

Surya Citra Media Tbk PT

     136,000         42,692   

Tiga Pilar Sejahtera Food Tbk

     100,614         18,950   

Unilever Indonesia Tbk PT

     64,000         167,025   

XL Axiata Tbk PT

     128,000         65,129   
     

 

 

 
Total Indonesia               1,708,239   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      27   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets Consumer Growth Fund (EMCG)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
               
Malaysia – 4.3%      

AirAsia Bhd

     119,500       $ 92,161   

Berjaya Sports Toto Bhd

     33,972         39,559   

British American Tobacco Malaysia Bhd

     3,800         81,664   

Carlsberg Brewery Malaysia Bhd

     5,600         20,450   

DRB-Hicom Bhd

     87,900         61,092   

Dutch Lady Milk Industries Bhd

     1,600         22,875   

Fraser & Neave Holdings Bhd

     8,000         41,408   

Genting Malaysia Bhd

     124,300         158,383   

Guinness Anchor Bhd

     5,600         21,884   

Kulim Malaysia Bhd*

     51,000         50,526   

MBM Resources Bhd

     18,400         15,985   

Media Prima Bhd

     32,200         21,889   

Nestle (Malaysia) Bhd

     2,300         46,554   

Padini Holdings Bhd

     26,400         15,451   

Parkson Holdings Bhd

     46,404         40,739   

Star Publications Malaysia Bhd

     29,600         23,099   

UMW Holdings Bhd

     27,200         101,653   

UOA Development Bhd

     22,400         14,408   
     

 

 

 
Total Malaysia               869,780   
Mexico – 10.4%      

America Movil S.A.B. de C.V. Series L(a)

     642,800         811,741   

Arca Continental S.A.B. de C.V.(a)

     18,400         126,167   

Controladora Comercial Mexicana S.A.B. de C.V.

     42,100         157,331   

Fomento Economico Mexicano S.A.B. de C.V.

     47,800         440,015   

Genomma Lab Internacional S.A.B. de C.V. Class B*(a)

     8,000         19,222   

Grupo Televisa S.A.B. Series CPO(a)

     43,700         296,426   

Kimberly-Clark de Mexico S.A.B. de C.V. Class A(a)

     36,400         85,917   

Megacable Holdings S.A.B. de C.V. Series CPO

     17,716         84,067   

TV Azteca S.A.B. de C.V. Series CPO

     128,300         66,872   
     

 

 

 
Total Mexico               2,087,758   
Philippines – 2.4%      

Aboitiz Equity Ventures, Inc.

     74,200         89,118   

Aboitiz Power Corp.

     128,300         116,500   

Cebu Air, Inc.

     16,800         25,624   

First Philippine Holdings Corp.

     21,790         43,699   

Lopez Holdings Corp.

     390,500         56,560   

Security Bank Corp.

     12,018         39,312   

Universal Robina Corp.

     26,920         112,173   
     

 

 

 
Total Philippines               482,986   
Poland – 0.5%      

Cyfrowy Polsat S.A.

     9,505         79,527   

Eurocash S.A.

     900         8,796   
     

 

 

 
Total Poland               88,323   
Russia – 1.7%      

Magnit OJSC GDR Reg S

     5,038         290,995   

OTCPharm*†

     4,033         1,218   

Pharmstandard OJSC GDR Reg S*

     4,033         51,421   
     

 

 

 
Total Russia               343,634   
Investments    Shares      Value  
               
South Africa – 11.7%      

African Bank Investments Ltd.†(a)

     63,152       $ 0   

Capitec Bank Holdings Ltd.

     1,803         39,034   

Cashbuild Ltd.

     1,651         20,606   

Clicks Group Ltd.(a)

     6,362         37,727   

Clover Industries Ltd.

     10,245         15,116   

FirstRand Ltd.

     111,600         424,936   

Foschini Group Ltd. (The)

     7,796         80,870   

Illovo Sugar Ltd.(a)

     14,363         36,231   

Imperial Holdings Ltd.

     6,855         105,541   

Lewis Group Ltd.(a)

     7,475         37,381   

Life Healthcare Group Holdings Ltd.

     10,059         39,655   

Massmart Holdings Ltd.

     3,489         37,906   

Mr. Price Group Ltd.

     5,150         96,785   

MTN Group Ltd.

     24,237         511,244   

Oceana Group Ltd.

     2,777         18,188   

Pick n Pay Holdings Ltd.

     25,802         51,155   

Pick n Pay Stores Ltd.

     7,347         34,322   

Shoprite Holdings Ltd.

     8,749         108,388   

SPAR Group Ltd. (The)

     4,742         52,707   

Sun International Ltd.

     3,553         37,642   

Super Group Ltd.*

     11,631         31,851   

Tiger Brands Ltd.

     3,993         111,479   

Truworths International Ltd.

     9,650         58,037   

Vodacom Group Ltd.(a)

     23,329         268,428   

Woolworths Holdings Ltd.

     14,587         90,260   
     

 

 

 
Total South Africa               2,345,489   
South Korea – 6.1%      

Able C&C Co., Ltd.

     455         12,763   

Grand Korea Leisure Co., Ltd.

     1,680         66,786   

GS Home Shopping, Inc.

     192         46,306   

Handsome Co., Ltd.

     1,040         32,129   

Kangwon Land, Inc.

     4,040         137,251   

KT&G Corp.

     3,905         349,701   

LF Corp.

     1,200         39,801   

LG Household & Health Care Ltd.

     160         76,873   

LG International Corp.

     1,840         44,812   

LIG Insurance Co., Ltd.

     1,280         33,842   

Muhak Co., Ltd.*

     1,153         36,548   

Shinsegae Co., Ltd.

     240         49,922   

SK Telecom Co., Ltd.

     1,095         300,924   
     

 

 

 
Total South Korea               1,227,658   
Taiwan – 2.0%      

Cheng Shin Rubber Industry Co., Ltd.

     64,000         141,173   

E-LIFE MALL Corp.

     8,000         16,463   

Farglory Land Development Co., Ltd.

     45,796         53,971   

Hey Song Corp.

     70,500         79,378   

Standard Foods Corp.

     8,720         19,636   

Yulon Nissan Motor Co., Ltd.

     8,000         80,343   
     

 

 

 
Total Taiwan               390,964   
Thailand – 4.8%      

Advanced Info Service PCL NVDR

     23,200         160,987   

AP Thailand PCL NVDR

     88,700         19,696   

 

See Notes to Financial Statements.

 

28   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Emerging Markets Consumer Growth Fund (EMCG)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
               

BEC World PCL NVDR

     28,800       $ 41,745   

Big C Supercenter PCL NVDR

     12,000         85,490   

Bumrungrad Hospital PCL NVDR

     7,200         29,311   

CP ALL PCL NVDR

     116,100         160,230   

DSG International Thailand PCL NVDR

     57,960         15,104   

Electricity Generating PCL NVDR

     16,000         81,419   

Hemaraj Land and Development PCL NVDR

     148,300         20,215   

Home Product Center PCL NVDR

     100,361         32,190   

LPN Development PCL NVDR

     24,000         16,062   

MCOT PCL NVDR

     19,200         13,560   

Pruksa Real Estate PCL NVDR

     35,600         37,604   

Quality Houses PCL NVDR

     149,100         19,405   

Robinson Department Store PCL NVDR

     18,400         29,934   

Sansiri PCL NVDR

     217,900         15,053   

Siam Future Development PCL NVDR

     59,175         13,049   

Supalai PCL NVDR

     35,600         28,546   

Thai Airways International PCL NVDR*

     59,000         26,020   

Thai Union Frozen Products PCL NVDR

     37,200         84,897   

Thai Vegetable Oil PCL NVDR

     48,600         34,323   
     

 

 

 
Total Thailand               964,840   
Turkey – 5.7%      

Albaraka Turk Katilim Bankasi AS

     19,387         13,940   

Anadolu Efes Biracilik ve Malt Sanayii AS

     9,151         105,521   

BIM Birlesik Magazalar AS

     3,121         65,203   

Dogus Otomotiv Servis ve Ticaret AS

     8,581         33,296   

Emlak Konut Gayrimenkul Yatirim Ortakligi AS

     44,026         45,941   

Ford Otomotiv Sanayi AS

     9,239         105,928   

Goodyear Lastikleri TAS

     510         20,762   

Ipek Dogal Enerji Kaynaklari ve Uretim AS*

     4,001         3,087   

NET Holding AS

     18,298         21,340   

Tofas Turk Otomobil Fabrikasi AS

     13,780         77,334   

Turk Telekomunikasyon AS

     79,369         209,141   

Turkiye Halk Bankasi AS

     36,808         221,093   

Ulker Biskuvi Sanayi AS

     5,798         38,386   

Yapi ve Kredi Bankasi AS

     95,512         187,188   
     

 

 

 
Total Turkey               1,148,160   
TOTAL COMMON STOCKS
(Cost: $19,022,560)
              19,627,426   
EXCHANGE-TRADED NOTES – 2.3%      
United States – 2.3%      

iPath MSCI India Index ETN*

(Cost: $343,493)

     6,500         456,300   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 13.4%      
United States – 13.4%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(b)

     
(Cost: $2,694,398)(c)      2,694,398         2,694,398   

TOTAL INVESTMENTS IN SECURITIES – 113.5%

(Cost: $22,060,451)

        22,778,124   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (13.5)%

        (2,702,465
     

 

 

 
NET ASSETS – 100.0%             $ 20,075,659   
* 

Non-income producing security.

 

 

Security is being fair valued by a valuation committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $1,218, which represents 0.0% of net assets.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(c) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $2,557,101 and the total market value of the collateral held by the Fund was $2,694,398.

ADR – American Depositary Receipt

ETN – Exchange Traded Note

GDR – Global Depositary Receipt

NVDR – Non-Voting Depositary Receipt

 

Reg S – Regulation S provides an exclusion from the registration requirements of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers.

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      29   


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Emerging Markets Dividend Growth Fund (DGRE)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
               
COMMON STOCKS – 96.8%      
Brazil – 13.8%      

AMBEV S.A.

     180,085       $ 1,179,198   

CCR S.A.

     43,220         296,061   

Cia de Saneamento Basico do Estado de Sao Paulo

     5,252         42,409   

Cia Hering

     6,004         60,785   

Cielo S.A.

     35,192         574,657   

EcoRodovias Infraestrutura e Logistica S.A.

     6,004         29,559   

Itau Unibanco Holding S.A.

     38,298         491,389   

Localiza Rent a Car S.A.

     1,200         17,386   

Lojas Renner S.A.

     2,852         82,756   

M. Dias Branco S.A.

     1,200         47,822   

Marisa Lojas S.A.

     2,400         15,264   

Odontoprev S.A.

     13,206         47,981   

Petroleo Brasileiro S.A.

     97,545         686,909   

Souza Cruz S.A.

     37,418         300,920   

Tegma Gestao Logistica

     2,400         17,440   

Ultrapar Participacoes S.A.

     8,404         177,748   

WEG S.A.

     14,046         163,820   
     

 

 

 
Total Brazil               4,232,104   
Chile – 0.5%      

S.A.C.I. Falabella

     19,028         143,768   
China – 8.1%      

Air China Ltd. Class H

     48,000         30,351   

China International Marine Containers Group Co., Ltd. Class H

     24,000         49,514   

China Minsheng Banking Corp., Ltd. Class H

     236,400         216,152   

China National Building Material Co., Ltd. Class H(a)

     120,000         108,795   

China Pacific Insurance Group Co., Ltd. Class H

     33,600         118,129   

China Telecom Corp., Ltd. Class H

     1,135,700         696,183   

Great Wall Motor Co., Ltd. Class H(a)

     15,000         58,241   

PetroChina Co., Ltd. Class H

     621,000         795,733   

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

     23,600         177,188   

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

     29,300         28,979   

Shanghai Pharmaceuticals Holding Co., Ltd. Class H

     10,800         26,398   

Sinopharm Group Co., Ltd. Class H(a)

     24,000         87,777   

Wumart Stores, Inc. Class H(a)

     8,000         7,480   

Zhuzhou CSR Times Electric Co., Ltd. Class H

     14,864         57,426   

Zoomlion Heavy Industry Science and Technology Co., Ltd. Class H

     40,000         23,335   
     

 

 

 
Total China               2,481,681   
India – 1.3%      

Infosys Ltd. ADR(a)

     5,033         304,446   

Tata Motors Ltd. ADR

     1,472         64,341   

Wipro Ltd. ADR(a)

     3,646         44,336   
     

 

 

 
Total India               413,123   
Indonesia – 12.4%      

AKR Corporindo Tbk PT

     42,000         18,785   

Astra Agro Lestari Tbk PT

     36,000         67,952   
Investments    Shares      Value  
               

Astra International Tbk PT

     887,500       $ 513,490   

Bank Central Asia Tbk PT

     198,000         212,462   

Bank Mandiri Persero Tbk PT

     351,400         290,550   

Bank Negara Indonesia Persero Tbk PT

     342,000         155,072   

Bank Rakyat Indonesia Persero Tbk PT

     503,500         430,775   

Charoen Pokphand Indonesia Tbk PT

     87,000         30,273   

Gudang Garam Tbk PT

     24,000         111,629   

Harum Energy Tbk PT

     52,000         8,727   

Indocement Tunggal Prakarsa Tbk PT

     60,000         106,114   

Indofood CBP Sukses Makmur Tbk PT

     54,000         50,300   

Jasa Marga Persero Tbk PT

     78,000         41,289   

Kalbe Farma Tbk PT

     503,500         70,246   

Media Nusantara Citra Tbk PT

     120,000         31,465   

Perusahaan Gas Negara Persero Tbk PT

     611,500         301,108   

Perusahaan Perkebunan London Sumatra Indonesia Tbk PT

     210,000         32,745   

Semen Indonesia Persero Tbk PT

     180,000         227,862   

Surya Citra Media Tbk PT

     180,000         56,504   

Tambang Batubara Bukit Asam Persero Tbk PT

     90,000         97,497   

Telekomunikasi Indonesia Persero Tbk PT

     2,251,700         538,671   

Unilever Indonesia Tbk PT

     102,000         266,196   

United Tractors Tbk PT

     96,000         156,783   
     

 

 

 
Total Indonesia               3,816,495   
Malaysia – 2.5%      

AirAsia Bhd

     38,400         29,615   

Berjaya Sports Toto Bhd

     46,706         54,387   

British American Tobacco Malaysia Bhd

     8,400         180,521   

Carlsberg Brewery Malaysia Bhd

     10,800         39,440   

Dialog Group Bhd

     45,964         24,099   

DRB-Hicom Bhd

     26,400         18,348   

Gamuda Bhd

     40,800         59,947   

Hartalega Holdings Bhd

     9,600         20,719   

Kuala Lumpur Kepong Bhd

     24,000         154,220   

Malaysia Marine and Heavy Engineering Holdings Bhd

     34,800         31,825   

Nestle (Malaysia) Bhd

     6,000         121,445   

Tan Chong Motor Holdings Bhd

     8,570         11,939   

Top Glove Corp. Bhd

     9,600         14,486   

UOA Development Bhd

     27,800         17,881   
     

 

 

 
Total Malaysia               778,872   
Mexico – 10.1%      

Alsea S.A.B. de C.V.

     8,404         26,588   

America Movil S.A.B. de C.V. Series L(a)

     718,658         907,536   

Arca Continental S.A.B. de C.V.

     16,308         111,823   

Fomento Economico Mexicano S.A.B. de C.V.

     34,216         314,970   

Grupo Bimbo S.A.B. de C.V. Series A

     15,308         44,384   

Grupo Financiero Santander Mexico S.A.B. de C.V. Class B(a)

     136,712         369,818   

Grupo Mexico S.A.B. de C.V. Series B(a)

     168,078         562,794   

Kimberly-Clark de Mexico S.A.B. de C.V. Class A

     64,830         153,021   

Wal-Mart de Mexico S.A.B. de C.V. Series V(a)

     241,161         606,393   
     

 

 

 
Total Mexico               3,097,327   

 

See Notes to Financial Statements.

 

30   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets Dividend Growth Fund (DGRE)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
               
Philippines – 2.4%      

Aboitiz Power Corp.

     250,700       $ 227,642   

Ayala Land, Inc.

     74,500         58,020   

Jollibee Foods Corp.

     8,150         35,595   

Manila Water Co., Inc.

     28,800         18,931   

Semirara Mining and Power Co.

     33,450         91,680   

SM Investments Corp.

     5,720         102,412   

SM Prime Holdings, Inc.

     195,500         76,148   

Universal Robina Corp.

     31,790         132,466   
     

 

 

 
Total Philippines               742,894   
Russia – 11.1%      

LSR Group OJSC GDR Reg S

     10,641         38,946   

Magnit OJSC GDR Reg S

     2,527         145,960   

MegaFon OAO GDR Reg S

     27,347         694,067   

MMC Norilsk Nickel OJSC ADR

     101,273         1,888,741   

NovaTek OAO GDR Reg S

     3,635         378,767   

Uralkali OJSC GDR Reg S

     14,353         254,766   
     

 

 

 
Total Russia               3,401,247   
South Africa – 13.3%      

AVI Ltd.

     8,331         51,542   

Bidvest Group Ltd. (The)

     6,210         157,088   

Capitec Bank Holdings Ltd.

     1,679         36,349   

Clicks Group Ltd.

     4,169         24,723   

FirstRand Ltd.

     144,176         548,975   

Foschini Group Ltd. (The)

     8,331         86,420   

Imperial Holdings Ltd.

     5,255         80,907   

Kumba Iron Ore Ltd.(a)

     15,389         363,032   

Life Healthcare Group Holdings Ltd.

     19,616         77,330   

Massmart Holdings Ltd.

     3,791         41,187   

Mr. Price Group Ltd.

     5,147         96,729   

MTN Group Ltd.

     54,705         1,153,922   

Oceana Group Ltd.

     2,507         16,420   

Pick n Pay Stores Ltd.

     7,983         37,293   

Shoprite Holdings Ltd.

     6,783         84,032   

SPAR Group Ltd. (The)

     4,739         52,674   

Tiger Brands Ltd.

     3,731         104,164   

Truworths International Ltd.

     13,182         79,279   

Vodacom Group Ltd.(a)

     75,058         863,633   

Woolworths Holdings Ltd.

     18,848         116,625   
     

 

 

 
Total South Africa               4,072,324   
South Korea – 1.2%      

Coway Co., Ltd.

     1,139         90,990   

Grand Korea Leisure Co., Ltd.

     1,680         66,786   

Huchems Fine Chemical Corp.

     2,160         48,307   

Iljin Display Co., Ltd.

     660         5,104   

KEPCO Plant Service & Engineering Co., Ltd.

     983         77,876   

OCI Materials Co., Ltd.

     971         47,112   

Seah Besteel Corp.

     650         23,284   
     

 

 

 
Total South Korea               359,459   
Taiwan – 7.2%      

Largan Precision Co., Ltd.

     1,000         71,665   

President Chain Store Corp.

     20,000         143,329   
Investments    Shares      Value  
               

Richtek Technology Corp.

     12,000       $ 61,145   

Taiwan Semiconductor Manufacturing Co., Ltd.

     489,000         1,929,026   
     

 

 

 
Total Taiwan               2,205,165   
Thailand – 11.2%      

Advanced Info Service PCL NVDR

     81,600         566,230   

Bangkok Dusit Medical Services PCL NVDR

     192,000         109,545   

BEC World PCL NVDR

     58,300         84,506   

Bumrungrad Hospital PCL NVDR

     20,300         82,640   

Central Pattana PCL NVDR

     50,400         72,278   

Charoen Pokphand Foods PCL NVDR

     224,783         209,705   

CP ALL PCL NVDR

     161,800         223,301   

Hemaraj Land and Development PCL NVDR

     345,100         47,042   

Indorama Ventures PCL NVDR

     102,300         80,452   

Intouch Holdings PCL NVDR

     101,700         227,394   

Kasikornbank PCL NVDR

     46,800         339,183   

Land & Houses PCL NVDR

     335,560         107,628   

LPN Development PCL NVDR

     64,800         43,366   

Major Cineplex Group PCL NVDR

     76,700         57,244   

Minor International PCL NVDR

     72,000         82,159   

Quality Houses PCL NVDR

     404,300         52,618   

Siam Cement PCL (The) NVDR

     28,464         395,028   

Siam City Cement PCL NVDR

     5,000         66,924   

Siam Commercial Bank PCL (The) NVDR

     59,417         333,505   

Sri Trang Agro-Industry PCL NVDR

     106,700         45,740   

Thai Oil PCL NVDR

     76,800         121,980   

Thai Stanley Electric PCL NVDR

     5,000         34,387   

VGI Global Media PCL NVDR

     88,584         37,974   
     

 

 

 
Total Thailand               3,420,829   
Turkey – 1.7%      

Anadolu Efes Biracilik ve Malt Sanayii AS

     6,771         78,077   

Aselsan Elektronik Sanayi ve Ticaret AS

     6,531         26,344   

BIM Birlesik Magazalar AS

     3,827         79,953   

Coca-Cola Icecek AS

     1,127         24,286   

Koza Altin Isletmeleri AS

     1,376         10,226   

TAV Havalimanlari Holding AS

     8,847         70,984   

Turk Hava Yollari

     12,347         35,025   

Turk Traktor ve Ziraat Makineleri AS

     2,111         65,251   

Ulker Biskuvi Sanayi AS

     7,719         51,104   

Yapi ve Kredi Bankasi AS

     44,161         86,548   
     

 

 

 
Total Turkey               527,798   
TOTAL COMMON STOCKS
(Cost: $29,529,986)
              29,693,086   
EXCHANGE-TRADED NOTES – 2.9%      
United States – 2.9%      

iPath MSCI India Index ETN*

(Cost: $736,678)

     12,784         897,437   
WARRANTS – 0.0%      
Thailand – 0.0%      

Indorama Ventures PCL, expiring 08/24/17*

     10,230         1,306   

Indorama Ventures PCL, expiring 08/24/18*

     7,869         762   
TOTAL WARRANTS
(Cost: $0)
              2,068   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      31   


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Emerging Markets Dividend Growth Fund (DGRE)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
               
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 9.7%      
United States – 9.7%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(b)

     
(Cost: $2,960,367)(c)      2,960,367       $ 2,960,367   
TOTAL INVESTMENTS IN SECURITIES – 109.4%
(Cost: $33,227,031)
        33,552,958   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (9.4)%

        (2,896,246
     

 

 

 
NET ASSETS – 100.0%             $ 30,656,712   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(c) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $2,804,907 and the total market value of the collateral held by the Fund was $2,960,367.

ADR – American Depositary Receipt

ETN – Exchange Traded Note

GDR – Global Depositary Receipt

NVDR – Non-Voting Depositary Receipt

 

Reg S – Regulation S provides an exclusion from the registration requirements of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers.

 

See Notes to Financial Statements.

 

32   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Emerging Markets Equity Income Fund (DEM)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
               
COMMON STOCKS – 99.4%      
Brazil – 11.5%      

AES Tiete S.A.

     692,429       $ 4,531,204   

Banco do Brasil S.A.

     7,470,711         77,159,123   

Banco Santander Brasil S.A.

     6,080,132         39,291,513   

BM&FBovespa S.A.

     2,797,356         12,778,582   

Brasil Brokers Participacoes S.A.

     701,278         947,596   

Brasil Insurance Participacoes e Administracao S.A.

     319,616         1,043,814   

Centrais Eletricas Brasileiras S.A.

     4,144,668         11,099,372   

Cia Energetica de Minas Gerais

     1,085,061         6,688,611   

Cia Hering

     374,609         3,792,580   

Cia Siderurgica Nacional S.A.

     5,044,910         17,917,504   

CPFL Energia S.A.

     2,335,855         18,222,644   

EDP – Energias do Brasil S.A.

     1,392,357         5,684,018   

Eternit S.A.

     212,650         342,032   

Grendene S.A.

     679,841         4,718,034   

Helbor Empreendimentos S.A.

     690,781         1,500,227   

Light S.A.

     965,873         8,154,088   

Mahle-Metal Leve S.A. Industria e Comercio

     326,583         2,866,400   

MRV Engenharia e Participacoes S.A.

     763,413         2,558,630   

Multiplus S.A.

     336,139         4,050,793   

Natura Cosmeticos S.A.

     760,309         11,477,885   

Oi S.A.

     3,549,379         2,593,643   

Porto Seguro S.A.

     567,612         6,583,057   

Santos Brasil Participacoes S.A.

     376,592         2,548,945   

Tim Participacoes S.A.

     3,569,141         18,781,118   

Tractebel Energia S.A.

     1,869,774         26,265,073   

Transmissora Alianca de Energia Eletrica S.A.

     1,038,057         8,293,099   

Vale S.A.

     8,692,704         95,280,496   
     

 

 

 
Total Brazil               395,170,081   
Chile – 1.6%      

Aguas Andinas S.A. Class A

     12,941,803         7,499,864   

Banco de Chile

     160,444,642         19,808,146   

Banco Santander Chile

     296,490,592         16,562,417   

ENTEL Chile S.A.

     330,301         3,751,543   

Inversiones Aguas Metropolitanas S.A.

     3,569,083         5,459,107   

Inversiones La Construccion S.A.

     162,683         2,182,360   
     

 

 

 
Total Chile               55,263,437   
China – 17.2%      

Agricultural Bank of China Ltd. Class H

     57,051,000         25,274,039   

Anhui Expressway Co., Ltd. Class H

     1,741,057         1,062,782   

Bank of China Ltd. Class H

     163,301,639         73,185,111   

Baoye Group Co., Ltd. Class H

     616,000         384,747   

Beijing Capital Land Ltd. Class H

     4,808,000         1,659,404   

China BlueChemical Ltd. Class H

     6,190,000         2,686,417   

China CITIC Bank Corp., Ltd. Class H(a)

     22,979,499         13,938,448   

China Coal Energy Co., Ltd. Class H(a)

     9,895,000         5,785,283   

China Communications Construction Co., Ltd. Class H

     17,815,000         12,847,742   

China Construction Bank Corp. Class H

     221,232,500         154,988,963   

China Merchants Bank Co., Ltd. Class H(a)

     8,200,932         14,025,367   
Investments    Shares      Value  
               

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

     9,852,548       $ 9,008,653   

China Petroleum & Chemical Corp. Class H

     56,895,200         49,823,874   

China Shenhua Energy Co., Ltd. Class H(a)

     6,124,000         17,074,423   

Chongqing Machinery & Electric Co., Ltd. Class H

     14,510,000         2,261,027   

Chongqing Rural Commercial Bank Class H(a)

     17,169,885         7,783,286   

Dalian Port PDA Co., Ltd. Class H

     4,338,000         1,430,153   

Datang International Power Generation Co., Ltd. Class H

     6,628,350         3,457,112   

Guangzhou Automobile Group Co., Ltd. Class H

     4,586,000         4,435,340   

Hainan Meilan International Airport Co., Ltd. Class H

     367,000         288,303   

Industrial & Commercial Bank of China Ltd. Class H

     174,029,275         108,472,742   

Jiangsu Expressway Co., Ltd. Class H(a)

     2,506,906         2,644,082   

Jiangxi Copper Co., Ltd. Class H(a)

     1,966,000         3,235,693   

PetroChina Co., Ltd. Class H

     34,856,000         44,663,585   

Shenzhen Expressway Co., Ltd. Class H

     3,088,000         2,075,873   

Sichuan Expressway Co., Ltd. Class H(a)

     4,844,000         1,834,021   

Yanzhou Coal Mining Co., Ltd. Class H(a)

     6,580,000         5,397,818   

Zhaojin Mining Industry Co., Ltd. Class H(a)

     5,510,000         3,051,216   

Zhejiang Expressway Co., Ltd. Class H

     11,282,398         11,463,873   

Zijin Mining Group Co., Ltd. Class H(a)

     17,212,000         4,189,345   
     

 

 

 
Total China               588,428,722   
Czech Republic – 2.4%      

CEZ AS

     1,627,468         49,478,585   

Komercni Banka AS

     84,277         20,044,803   

O2 Czech Republic AS

     950,611         13,664,508   
     

 

 

 
Total Czech Republic               83,187,896   
Indonesia – 2.0%      

Aneka Tambang Persero Tbk PT

     11,459,963         1,043,952   

Astra Agro Lestari Tbk PT

     2,106,281         3,975,746   

Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT

     19,787,900         1,291,045   

Bank Pembangunan Daerah Jawa Timur Tbk PT

     14,691,800         523,286   

Berau Coal Energy Tbk PT*

     35,275,300         364,767   

Harum Energy Tbk PT

     8,971,700         1,505,714   

Indika Energy Tbk PT

     11,267,841         684,301   

Indo Tambangraya Megah Tbk PT

     5,518,600         11,764,106   

Matahari Putra Prima Tbk PT

     12,205,600         3,155,326   

Perusahaan Gas Negara Persero Tbk PT

     39,181,808         19,293,463   

Semen Indonesia Persero Tbk PT

     7,984,285         10,107,312   

Tambang Batubara Bukit Asam Persero Tbk PT

     5,868,100         6,356,908   

Timah Persero Tbk PT

     8,081,600         812,471   

United Tractors Tbk PT

     5,513,600         9,004,566   
     

 

 

 
Total Indonesia               69,882,963   
Malaysia – 4.8%      

Batu Kawan Bhd

     86,414         503,127   

Boustead Holdings Bhd

     1,111,031         1,693,387   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      33   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets Equity Income Fund (DEM)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
               

British American Tobacco Malaysia Bhd

     535,397       $ 11,506,017   

Carlsberg Brewery Malaysia Bhd

     498,013         1,818,685   

DiGi.Com Bhd

     10,746,747         19,164,295   

Gas Malaysia Bhd

     1,040,200         1,109,800   

HAP Seng Consolidated Bhd

     10,186,700         12,358,807   

JCY International Bhd

     11,251,800         2,177,989   

Lafarge Malaysia Bhd

     2,173,927         6,825,621   

Malayan Banking Bhd

     17,879,425         54,284,125   

Maxis Bhd

     17,549,962         34,666,592   

Media Prima Bhd

     6,115,731         4,157,318   

OSK Holdings Bhd

     983,000         644,246   

Padini Holdings Bhd

     1,125,300         658,612   

Parkson Holdings Bhd

     2,312,230         2,029,941   

Pos Malaysia Bhd

     230,300         331,357   

Star Publications Malaysia Bhd

     1,531,900         1,195,447   

Telekom Malaysia Bhd

     5,225,700         10,513,525   

United Plantations Bhd

     48,511         394,535   
     

 

 

 
Total Malaysia               166,033,426   
Philippines – 1.5%      

Aboitiz Power Corp.

     12,295,006         11,164,202   

Globe Telecom, Inc.

     281,218         10,170,282   

Philippine Long Distance Telephone Co.

     370,139         25,551,571   

Semirara Mining and Power Co.

     1,385,714         3,797,957   
     

 

 

 
Total Philippines               50,684,012   
Poland – 6.5%      

Asseco Poland S.A.

     166,178         2,342,447   

Bank Pekao S.A.

     446,870         26,250,689   

KGHM Polska Miedz S.A.(a)

     1,523,876         58,310,994   

Orange Polska S.A.

     9,472,717         33,381,879   

PGE S.A.

     7,350,967         46,628,687   

Powszechna Kasa Oszczednosci Bank Polski S.A.

     1,410,433         16,920,588   

Powszechny Zaklad Ubezpieczen S.A.

     149,886         21,830,699   

Synthos S.A.

     4,096,346         5,699,867   

Tauron Polska Energia S.A.

     3,516,295         5,711,759   

TVN S.A.

     412,842         1,955,627   

Warsaw Stock Exchange

     251,492         2,874,825   
     

 

 

 
Total Poland               221,908,061   
Russia – 17.6%      

Gazprom OAO ADR

     24,608,323         173,212,028   

Lukoil OAO ADR

     1,580,894         80,609,140   

MegaFon OAO GDR Reg S

     1,495,549         37,957,034   

MMC Norilsk Nickel OJSC ADR

     5,680,780         105,946,547   

Mobile Telesystems OJSC ADR(a)

     1,943,026         29,028,808   

Phosagro OAO GDR Reg S

     974,893         10,909,053   

Rosneft OAO GDR Reg S

     22,773,658         132,702,105   

Tatneft OAO ADR

     648,836         22,910,399   

Uralkali OJSC GDR Reg S

     499,480         8,865,770   
     

 

 

 
Total Russia               602,140,884   
South Africa – 9.4%      

Barclays Africa Group Ltd.

     1,118,298         15,255,750   

Coronation Fund Managers Ltd.

     493,063         4,217,869   
Investments    Shares      Value  
               

FirstRand Ltd.(a)

     7,538,037       $ 28,702,352   

Foschini Group Ltd. (The)(a)

     486,413         5,045,702   

Kumba Iron Ore Ltd.(a)

     805,698         19,006,721   

Lewis Group Ltd.(a)

     488,989         2,445,324   

Liberty Holdings Ltd.

     408,065         4,450,403   

MMI Holdings Ltd.(a)

     3,193,896         7,409,290   

MTN Group Ltd.

     3,407,226         71,870,431   

Nampak Ltd.

     1,133,676         4,127,019   

Nedbank Group Ltd.(a)

     764,163         14,804,062   

PPC Ltd.

     1,477,335         3,865,203   

Resilient Property Income Fund Ltd.

     385,908         2,491,371   

Reunert Ltd.

     623,296         3,280,810   

Sasol Ltd.(a)

     991,955         53,850,428   

SPAR Group Ltd. (The)

     318,073         3,535,380   

Standard Bank Group Ltd.(a)

     2,213,814         25,599,965   

Truworths International Ltd.

     853,568         5,133,534   

Vodacom Group Ltd.(a)

     4,043,096         46,520,698   
     

 

 

 
Total South Africa               321,612,312   
South Korea – 2.9%      

Daishin Securities Co., Ltd.

     138,401         1,475,490   

Dongkuk Steel Mill Co., Ltd.

     377,003         2,229,328   

Hanmi Semiconductor Co., Ltd.(a)

     39,972         626,900   

Hite Jinro Co., Ltd.(a)

     122,549         2,688,471   

Hyundai Marine & Fire Insurance Co., Ltd.

     129,162         3,561,824   

KT Corp.

     252,384         8,203,526   

KT Corp. ADR(a)

     734,063         11,899,161   

KT&G Corp.

     226,139         20,251,254   

Macquarie Korea Infrastructure Fund

     449,594         3,084,635   

Meritz Fire & Marine Insurance Co., Ltd.

     106,159         1,317,871   

Meritz Securities Co., Ltd.

     494,332         1,852,720   

Moorim P&P Co., Ltd.

     67,456         307,156   

OCI Materials Co., Ltd.(a)

     70,282         3,410,034   

SK Telecom Co., Ltd.

     109,149         29,995,935   

SK Telecom Co., Ltd. ADR(a)

     285,406         8,659,218   
     

 

 

 
Total South Korea               99,563,523   
Taiwan – 13.6%      

Ability Enterprise Co., Ltd.

     1,080,000         612,436   

Accton Technology Corp.

     1,560,000         910,271   

Alpha Networks, Inc.

     2,208,000         1,233,945   

AmTRAN Technology Co., Ltd.

     3,926,896         2,388,191   

Asia Cement Corp.(a)

     7,560,158         9,655,390   

Asustek Computer, Inc.(a)

     1,221,000         11,640,231   

AV Tech Corp.

     160,000         332,418   

Career Technology MFG. Co., Ltd.

     872,000         1,189,632   

Cheng Uei Precision Industry Co., Ltd.(a)

     991,000         1,775,489   

Chia Chang Co., Ltd.

     360,000         384,622   

Chicony Electronics Co., Ltd.

     2,094,046         6,264,343   

Chimei Materials Technology Corp.(a)

     2,040,086         2,407,636   

Chin-Poon Industrial Co., Ltd.(a)

     1,274,000         2,119,180   

China Steel Chemical Corp.

     1,037,000         6,085,061   

China Steel Corp.(a)

     22,165,815         18,945,452   

China Synthetic Rubber Corp.

     2,506,043         2,669,202   

 

See Notes to Financial Statements.

 

34   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets Equity Income Fund (DEM)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
               

Chung Hsin Electric & Machinery Manufacturing Corp.

     601,000       $ 404,032   

Chunghwa Telecom Co., Ltd.(a)

     17,084,113         51,500,293   

Cleanaway Co., Ltd.

     304,736         1,527,712   

Compal Electronics, Inc.(a)

     12,961,000         9,693,215   

Compeq Manufacturing Co., Ltd.

     1,967,000         1,160,691   

Coxon Precise Industrial Co., Ltd.

     276,000         480,876   

CSBC Corp. Taiwan

     941,000         541,347   

CTCI Corp.

     907,000         1,544,490   

Cyberlink Corp.

     1,080,158         3,103,464   

CyberTAN Technology, Inc.(a)

     862,000         752,350   

D-Link Corp.

     3,841,000         2,291,759   

E-LIFE MALL Corp.

     452,542         931,282   

Elite Material Co., Ltd.

     748,838         834,518   

Eternal Materials Co., Ltd.(a)

     4,030,820         4,180,620   

Everlight Electronics Co., Ltd.(a)

     737,000         1,579,658   

Far Eastern New Century Corp.

     10,983,042         11,066,265   

Farglory Land Development Co., Ltd.(a)

     2,887,161         3,402,578   

Feng Hsin Iron & Steel Co.

     2,583,922         3,457,178   

Flytech Technology Co., Ltd.

     186,833         743,168   

Formosa Chemicals & Fibre Corp.(a)

     11,829,045         27,337,131   

Formosa Plastics Corp.(a)

     14,155,090         33,550,255   

Formosan Rubber Group, Inc.

     2,175,000         2,313,031   

Getac Technology Corp.

     1,080,000         546,755   

Grand Pacific Petrochemical

     3,102,000         1,402,143   

Great China Metal Industry

     953,627         1,000,039   

Great Wall Enterprise Co., Ltd.

     1,705,700         1,662,552   

Holtek Semiconductor, Inc.(a)

     358,000         631,983   

Holy Stone Enterprise Co., Ltd.

     347,200         486,225   

HTC Corp.(a)

     4,843,000         21,015,336   

Huaku Development Co., Ltd.(a)

     1,280,573         2,441,632   

Huang Hsiang Construction Corp.

     357,000         457,700   

Hung Poo Real Estate Development Corp.

     649,000         525,908   

ITEQ Corp.(a)

     2,538,100         2,140,149   

Jentech Precision Industrial Co., Ltd.(a)

     357,000         875,498   

KEE TAI Properties Co., Ltd.(a)

     4,173,000         2,544,721   

LCY Chemical Corp.(a)

     4,064,000         2,217,735   

Lealea Enterprise Co., Ltd.

     1,110,411         343,131   

Lingsen Precision Industries Ltd.

     1,081,000         563,252   

Lite-On Technology Corp.(a)

     5,334,205         7,689,308   

Lotes Co., Ltd.

     359,000         1,516,511   

Lumax International Corp., Ltd.

     232,000         543,783   

Makalot Industrial Co., Ltd.(a)

     450,949         2,290,360   

Mega Financial Holding Co., Ltd.

     11,088,071         9,094,409   

Nan Ya Plastics Corp.

     11,113,616         24,331,985   

OptoTech Corp.

     698,000         328,125   

Oriental Union Chemical Corp.(a)

     3,204,000         2,717,441   

Pou Chen Corp.(a)

     5,353,112         5,948,000   

Powertech Technology, Inc.

     1,058,703         1,914,189   

Quanta Computer, Inc.(a)

     9,823,990         24,931,772   

Radiant Opto-Electronics Corp.(a)

     1,174,170         4,651,210   

Radium Life Tech Co., Ltd.(a)

     3,032,179         1,769,299   

Rechi Precision Co., Ltd.

     356,993         364,392   

Senao International Co., Ltd.

     432,000         852,085   
Investments    Shares      Value  
               

Sercomm Corp.(a)

     541,000       $ 1,161,337   

Shih Wei Navigation Co., Ltd.

     2,291,000         1,543,927   

Sigurd Microelectronics Corp.

     2,631,627         2,642,917   

Siliconware Precision Industries Co.

     5,613,000         7,703,702   

Silitech Technology Corp.(a)

     883,622         704,411   

Sincere Navigation Corp.

     703,000         618,197   

Sonix Technology Co., Ltd.

     564,000         887,174   

Syncmold Enterprise Corp.

     1,132,324         2,426,980   

Synnex Technology International Corp.(a)

     6,064,000         8,372,524   

TA Chen Stainless Pipe*

     997,000         611,254   

Taiflex Scientific Co., Ltd.(a)

     358,254         572,368   

Taiwan Cement Corp.

     7,525,485         11,206,774   

Taiwan Cogeneration Corp.

     749,000         544,154   

Taiwan Hon Chuan Enterprise Co., Ltd.(a)

     1,651,723         3,040,697   

Taiwan Mobile Co., Ltd.(a)

     6,541,253         19,847,718   

Taiwan Secom Co., Ltd.

     358,538         990,062   

Topco Scientific Co., Ltd.

     290,241         533,358   

Transcend Information, Inc.

     959,000         3,184,109   

Tripod Technology Corp.

     604,000         1,246,937   

TSRC Corp.

     3,194,518         3,833,065   

Tung Ho Steel Enterprise Corp.

     2,866,387         2,322,735   

U-Ming Marine Transport Corp.(a)

     814,048         1,239,022   

Unimicron Technology Corp.

     2,128,000         1,587,981   

Unitech Printed Circuit Board Corp.*

     2,815,000         1,240,027   

United Integrated Services Co., Ltd.

     1,067,000         1,059,301   

United Microelectronics Corp.(a)

     17,680,598         7,323,445   

USI Corp.(a)

     5,214,000         2,571,048   

Visual Photonics Epitaxy Co., Ltd.

     357,000         365,573   

Wah Lee Industrial Corp.

     340,000         603,560   

Wistron Corp.

     5,167,446         5,274,551   

Wistron NeWeb Corp.

     908,421         2,132,226   

WPG Holdings Ltd.(a)

     3,898,000         4,766,863   

WT Microelectronics Co., Ltd.

     357,788         575,740   

YFY, Inc.

     4,095,000         1,776,952   

Young Optics, Inc.

     248,000         486,714   

YungShin Global Holding Corp.

     345,000         678,216   

Zinwell Corp.

     273,000         253,081   
     

 

 

 
Total Taiwan               464,735,740   
Thailand – 5.9%      

Advanced Info Service PCL

     4,747,861         32,945,836   

Bangchak Petroleum PCL (The)

     3,150,921         3,474,030   

Banpu PCL NVDR

     8,265,680         7,520,048   

BTS Group Holdings PCL NVDR

     26,334,943         8,121,802   

Charoen Pokphand Foods PCL NVDR

     14,420,710         13,453,399   

Delta Electronics Thailand PCL NVDR

     3,383,083         6,468,809   

Electricity Generating PCL

     846,900         4,309,591   

Hana Microelectronics PCL NVDR

     656,000         854,773   

Intouch Holdings PCL NVDR(a)

     5,815,421         13,002,869   

Kiatnakin Bank PCL

     2,022,324         2,635,102   

Land & Houses PCL NVDR

     19,826,062         6,359,014   

MCOT PCL NVDR

     753,116         531,885   

PTT Global Chemical PCL NVDR

     8,775,205         16,508,481   

PTT PCL NVDR

     4,496,894         49,926,965   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      35   


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Emerging Markets Equity Income Fund (DEM)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
               

Ratchaburi Electricity Generating Holding PCL

     3,259,896       $ 5,956,788   

Sansiri PCL NVDR

     15,300,239         1,056,979   

Thai Oil PCL NVDR

     4,186,677         6,649,618   

Thai Vegetable Oil PCL NVDR

     3,028,470         2,138,842   

Tisco Financial Group PCL

     2,584,589         3,626,794   

Total Access Communication PCL NVDR

     5,013,509         16,234,956   

TTW PCL NVDR

     5,554,277         2,055,554   
     

 

 

 
Total Thailand               203,832,135   
Turkey – 2.5%      

Adana Cimento Sanayii TAS Class A

     206,514         430,992   

Akcansa Cimento AS

     243,061         1,529,255   

Aksa Akrilik Kimya Sanayii

     432,605         1,299,256   

Aksigorta AS

     255,960         303,004   

Arcelik AS

     1,255,008         6,685,526   

Brisa Bridgestone Sabanci Sanayi ve Ticaret AS

     492,118         1,682,971   

Celebi Hava Servisi AS

     91,744         957,343   

Cimsa Cimento Sanayi ve Ticaret AS

     430,630         2,784,897   

Dogus Otomotiv Servis ve Ticaret AS

     875,922         3,398,768   

Netas Telekomunikasyon AS

     413,626         1,100,802   

Tekfen Holding AS

     518,111         1,149,440   

Tofas Turk Otomobil Fabrikasi AS

     1,541,155         8,649,063   

Tupras Turkiye Petrol Rafinerileri AS

     865,142         17,353,668   

Turk Telekomunikasyon AS(a)

     13,025,489         34,322,689   

Turk Traktor ve Ziraat Makineleri AS

     116,827         3,611,147   
     

 

 

 
Total Turkey               85,258,821   
TOTAL COMMON STOCKS
(Cost: $3,545,432,796)
              3,407,702,013   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.1%      
United States – 2.1%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(b)

     
(Cost: $72,531,483)(c)      72,531,483         72,531,483   
TOTAL INVESTMENTS IN SECURITIES – 101.5%
(Cost: $3,617,964,279)
        3,480,233,496   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (1.5)%

        (52,727,575
     

 

 

 
NET ASSETS – 100.0%             $ 3,427,505,921   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(c) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $227,138,789 and the total market value of the collateral held by the Fund was $240,852,594. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $168,321,111.

ADR – American Depositary Receipt

GDR – Global Depositary Receipt

NVDR – Non-Voting Depositary Receipt

 

Reg S – Regulation S provides an exclusion from the registration requirements of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers.

 

See Notes to Financial Statements.

 

36   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
               
COMMON STOCKS – 98.0%      
Brazil – 6.4%      

Abril Educacao S.A.*

     304,347       $ 1,608,954   

AES Tiete S.A.

     1,694,408         11,088,080   

Aliansce Shopping Centers S.A.

     376,560         2,843,877   

Arezzo Industria e Comercio S.A.

     93,481         1,114,323   

Brasil Brokers Participacoes S.A.

     1,498,713         2,025,123   

Brasil Insurance Participacoes e Administracao S.A.

     663,503         2,166,894   

Cia de Locacao das Americas

     130,890         245,793   

Cia Paranaense de Energia

     253,668         2,420,077   

Diagnosticos da America S.A.

     407,822         2,004,481   

Direcional Engenharia S.A.

     457,174         1,862,588   

Equatorial Energia S.A.

     443,777         4,492,844   

Estacio Participacoes S.A.

     237,702         2,468,623   

Eternit S.A.

     1,220,336         1,962,820   

Even Construtora e Incorporadora S.A.

     727,474         1,618,523   

Fleury S.A.

     365,887         2,113,529   

Grendene S.A.

     1,684,649         11,691,310   

Helbor Empreendimentos S.A.

     1,199,712         2,605,514   

Iochpe-Maxion S.A.

     141,792         965,501   

JHSF Participacoes S.A.

     1,828,786         2,680,169   

Light S.A.

     2,080,878         17,567,177   

Lojas Americanas S.A.

     302,698         1,421,059   

LPS Brasil Consultoria de Imoveis S.A.

     495,748         2,207,957   

Magnesita Refratarios S.A.

     494,115         635,394   

Mahle-Metal Leve S.A. Industria e Comercio

     703,938         6,178,424   

Marisa Lojas S.A.

     445,083         2,830,827   

Mills Estruturas e Servicos de Engenharia S.A.

     68,988         504,117   

MRV Engenharia e Participacoes S.A.

     2,065,157         6,921,513   

Oi S.A.

     1,869,316         1,365,968   

Rodobens Negocios Imobiliarios S.A.

     247,052         1,013,583   

Santos Brasil Participacoes S.A.

     657,623         4,451,090   

Sao Martinho S.A.

     199,422         3,199,414   

SLC Agricola S.A.

     130,072         871,359   

Sonae Sierra Brasil S.A.

     280,305         2,096,337   

Sul America S.A.

     946,015         5,877,837   

Technos S.A.

     156,946         643,904   

Tegma Gestao Logistica

     279,274         2,029,342   

TPI – Triunfo Participacoes e Investimentos S.A.

     417,452         1,013,978   

UNICASA Industria de Moveis S.A.

     599,930         820,446   

Valid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao S.A

     273,082         4,269,693   
     

 

 

 
Total Brazil               123,898,442   
Chile – 3.2%      

Administradora de Fondos de Pensiones Habitat S.A.

     2,500,183         3,680,275   

Besalco S.A.

     1,139,378         791,444   

E.CL S.A.

     4,019,274         5,716,012   

Empresas Hites S.A.

     1,155,196         531,293   

Forus S.A.

     638,983         2,704,101   

Gasco S.A.

     293,126         1,938,242   
Investments    Shares      Value  
               

Grupo Security S.A.

     6,142,819       $ 1,953,790   

Inversiones Aguas Metropolitanas S.A.

     6,985,405         10,684,558   

Inversiones La Construccion S.A.

     545,909         7,323,261   

Masisa S.A.

     31,282,591         1,253,671   

Parque Arauco S.A.

     3,530,346         6,752,554   

Ripley Corp. S.A.

     4,794,156         2,581,623   

Sigdo Koppers S.A.

     3,684,681         6,137,578   

Sociedad Matriz SAAM S.A.

     21,347,300         1,768,906   

Sonda S.A.

     1,525,749         3,550,214   

Vina Concha y Toro S.A.

     2,467,147         4,841,204   
     

 

 

 
Total Chile               62,208,726   
China – 6.4%      

Anhui Expressway Co., Ltd. Class H

     1,535,666         937,407   

AviChina Industry & Technology Co., Ltd. Class H(a)

     2,033,271         1,453,253   

Baoye Group Co., Ltd. Class H

     986,000         615,845   

BBMG Corp. Class H

     384,169         266,169   

Beijing Capital Land Ltd. Class H

     21,654,421         7,473,677   

China Datang Corp. Renewable Power Co., Ltd. Class H(a)

     15,141,403         1,988,929   

China Railway Construction Corp., Ltd. Class H(a)

     2,331,098         2,119,426   

China Railway Group Ltd. Class H(a)

     7,415,801         3,934,669   

China Southern Airlines Co., Ltd. Class H(a)

     5,248,000         1,716,645   

China Suntien Green Energy Corp., Ltd. Class H

     7,989,039         1,995,948   

Chongqing Machinery & Electric Co., Ltd. Class H

     6,392,855         996,169   

CSR Corp., Ltd. Class H(a)

     4,723,139         4,154,362   

Dalian Port PDA Co., Ltd. Class H(a)

     7,458,507         2,458,922   

Datang International Power Generation Co., Ltd. Class H

     15,525,049         8,097,313   

Dongfang Electric Corp., Ltd. Class H

     480,581         865,220   

Guangshen Railway Co., Ltd. Class H

     4,932,665         1,950,172   

Guangzhou Automobile Group Co., Ltd. Class H

     8,918,000         8,625,025   

Hainan Meilan International Airport Co., Ltd. Class H

     909,289         714,307   

Harbin Electric Co., Ltd. Class H

     3,392,071         2,040,022   

Jiangsu Expressway Co., Ltd. Class H(a)

     7,471,933         7,880,791   

Shanghai Electric Group Co., Ltd. Class H

     7,320,000         3,893,266   

Shanghai Jin Jiang International Hotels Group Co., Ltd. Class H(a)

     19,383,587         6,914,597   

Shanghai Pharmaceuticals Holding Co., Ltd. Class H

     1,205,700         2,947,056   

Shenzhen Expressway Co., Ltd. Class H

     6,785,697         4,561,608   

Sichuan Expressway Co., Ltd. Class H

     234,768         88,887   

Sinotrans Ltd. Class H

     7,921,000         5,753,234   

Tong Ren Tang Technologies Co., Ltd. Class H(a)

     1,625,888         2,244,597   

Travelsky Technology Ltd. Class H(a)

     7,994,788         8,607,285   

Weichai Power Co., Ltd. Class H(a)

     323,769         1,169,556   

Weiqiao Textile Co. Class H(a)

     2,643,000         1,320,632   

Yanzhou Coal Mining Co., Ltd. Class H(a)

     14,292,000         11,724,259   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      37   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
               

Zijin Mining Group Co., Ltd. Class H(a)

     45,928,000       $ 11,178,725   

Zoomlion Heavy Industry Science and Technology Co., Ltd. Class H(a)

     5,921,200         3,454,307   
     

 

 

 
Total China               124,142,280   
Indonesia – 3.6%      

AKR Corporindo Tbk PT

     12,758,845         5,706,665   

Alam Sutera Realty Tbk PT

     14,738,377         550,346   

Aneka Tambang Persero Tbk PT

     35,310,574         3,216,638   

Bank Bukopin Tbk PT

     31,924,518         1,873,289   

Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT

     76,829,412         5,012,670   

Bank Pembangunan Daerah Jawa Timur Tbk PT

     99,210,900         3,533,651   

Bank Tabungan Negara Persero Tbk PT

     36,459,616         3,500,841   

Berau Coal Energy Tbk PT*

     93,730,693         969,230   

Bumi Resources Tbk PT*

     44,959,900         701,057   

Ciputra Development Tbk PT

     24,178,045         2,014,010   

Harum Energy Tbk PT

     19,184,863         3,219,782   

Hexindo Adiperkasa Tbk PT

     2,831,000         875,902   

Holcim Indonesia Tbk PT

     17,531,916         3,740,910   

Indika Energy Tbk PT

     28,596,939         1,736,704   

Japfa Comfeed Indonesia Tbk PT

     12,708,391         1,282,833   

Krakatau Steel Persero Tbk PT*

     34,452,499         1,385,451   

Matahari Putra Prima Tbk PT

     34,492,300         8,916,762   

MNC Investama Tbk PT

     35,918,998         1,025,836   

Pembangunan Perumahan Persero Tbk PT

     13,147,770         2,319,877   

Perusahaan Perkebunan London Sumatra Indonesia Tbk PT

     25,316,452         3,947,580   

Ramayana Lestari Sentosa Tbk PT

     28,897,128         2,193,668   

Salim Ivomas Pratama Tbk PT

     44,575,000         3,018,004   

Sampoerna Agro PT

     5,600,500         926,139   

Summarecon Agung Tbk PT

     33,030,572         3,307,123   

Timah Persero Tbk PT

     34,919,622         3,510,590   

Wijaya Karya Persero Tbk PT

     5,611,952         1,199,765   
     

 

 

 
Total Indonesia               69,685,323   
Malaysia – 9.8%      

Aeon Co. M Bhd

     3,626,752         4,156,862   

Affin Holdings Bhd

     9,284,863         9,623,086   

Alliance Financial Group Bhd

     7,441,447         11,319,256   

Benalec Holdings Bhd

     911,200         251,375   

Berjaya Corp. Bhd

     13,523,932         2,329,225   

Berjaya Sports Toto Bhd

     7,383,358         8,597,600   

BIMB Holdings Bhd

     5,033,328         6,643,594   

Boustead Holdings Bhd

     5,070,019         7,727,509   

Carlsberg Brewery Malaysia Bhd

     1,620,013         5,916,097   

Dayang Enterprise Holdings Bhd

     860,100         891,431   

Dialog Group Bhd

     12,882,176         6,754,258   

DRB-Hicom Bhd

     7,098,361         4,933,474   

Dutch Lady Milk Industries Bhd

     30,600         437,476   

Eastern & Oriental Bhd

     6,740,497         5,897,036   

Fraser & Neave Holdings Bhd

     335,700         1,737,597   

Gas Malaysia Bhd

     2,808,460         2,996,376   

Genting Plantations Bhd

     500,800         1,515,910   
Investments    Shares      Value  
               

Guinness Anchor Bhd

     373,253       $ 1,458,651   

HAP Seng Consolidated Bhd

     14,046,992         17,042,228   

Hartalega Holdings Bhd

     1,869,572         4,034,924   

JCY International Bhd

     31,612,591         6,119,188   

KPJ Healthcare Bhd

     3,521,241         4,164,736   

Kulim Malaysia Bhd*

     2,978,031         2,950,343   

Lafarge Malaysia Bhd

     3,484,800         10,941,454   

Mah Sing Group Bhd

     7,602,156         5,631,227   

Malaysia Airports Holdings Bhd

     4,522,461         10,325,631   

Malaysia Marine and Heavy Engineering Holdings Bhd

     4,933,700         4,511,843   

Malaysian Bulk Carriers Bhd

     953,700         482,592   

Malaysian Resources Corp. Bhd

     6,049,843         3,024,460   

MBM Resources Bhd

     327,200         284,262   

Media Prima Bhd

     6,363,036         4,325,429   

Mudajaya Group Bhd

     1,981,465         1,201,986   

Oriental Holdings Bhd

     210,741         488,228   

OSK Holdings Bhd

     8,029,056         5,262,146   

Padini Holdings Bhd

     3,286,296         1,923,392   

Parkson Holdings Bhd

     6,064,142         5,323,801   

Star Publications Malaysia Bhd

     4,927,600         3,845,345   

Sunway Bhd

     2,813,200         2,949,980   

Supermax Corp. Bhd

     1,950,467         1,308,041   

Syarikat Takaful Malaysia Bhd

     218,500         825,911   

Tan Chong Motor Holdings Bhd

     190,800         265,800   

Top Glove Corp. Bhd

     1,707,090         2,575,856   

United Plantations Bhd

     158,768         1,291,245   

UOA Development Bhd

     3,339,180         2,147,743   

WCT Holdings Bhd

     5,335,708         3,513,223   
     

 

 

 
Total Malaysia               189,947,827   
Mexico – 1.1%      

Alsea S.A.B. de C.V.(a)

     1,025,777         3,245,305   

Banregio Grupo Financiero S.A.B. de C.V.(a)

     698,523         3,887,315   

Corp. Inmobiliaria Vesta S.A.B. de C.V.(a)

     1,982,315         4,243,522   

Grupo Aeroportuario del Centro Norte S.A.B. de C.V.*

     744,365         3,271,709   

Grupo Herdez S.A.B. de C.V.

     1,039,364         2,783,710   

Qualitas Controladora S.A.B. de C.V.

     980,864         2,628,491   

TV Azteca S.A.B. de C.V. Series CPO

     2,772,881         1,445,257   
     

 

 

 
Total Mexico               21,505,309   
Philippines – 2.6%      

Atlas Consolidated Mining & Development

     1,823,100         649,983   

Cebu Air, Inc.

     278,440         424,694   

First Philippine Holdings Corp.

     1,008,986         2,023,480   

Lopez Holdings Corp.

     17,066,112         2,471,834   

Manila Water Co., Inc.

     5,079,845         3,339,211   

Megaworld Corp.

     46,081,046         5,164,897   

Nickel Asia Corp.

     4,316,383         4,308,929   

Philex Mining Corp.

     3,516,200         799,181   

Philweb Corp.

     2,074,200         236,180   

Rizal Commercial Banking Corp.

     1,352,544         1,632,004   

Robinsons Land Corp.

     8,873,360         4,814,580   

Security Bank Corp.

     1,317,124         4,308,480   

 

See Notes to Financial Statements.

 

38   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
               

Semirara Mining and Power Co.

     5,010,138       $ 13,731,758   

Union Bank of the Philippines

     1,885,067         5,158,180   

Vista Land & Lifescapes, Inc.

     11,283,000         1,551,247   
     

 

 

 
Total Philippines               50,614,638   
Poland – 3.6%      

Asseco Poland S.A.

     473,906         6,680,184   

Enea S.A.

     1,628,301         7,979,212   

Eurocash S.A.(a)

     301,671         2,948,362   

Getin Holding S.A.

     2,853,684         2,537,836   

Grupa Azoty S.A.

     145,108         2,720,967   

Lubelski Wegiel Bogdanka S.A.

     128,965         4,291,161   

Synthos S.A.(a)

     12,661,074         17,617,272   

Tauron Polska Energia S.A.

     10,067,839         16,353,881   

TVN S.A.

     1,233,654         5,843,801   

Warsaw Stock Exchange

     279,377         3,193,580   
     

 

 

 
Total Poland               70,166,256   
Russia – 0.3%      

LSR Group OJSC GDR Reg S

     1,518,144         5,556,407   
South Africa – 8.6%      

Advtech Ltd.(a)

     1,877,109         1,373,991   

Aeci Ltd.

     270,577         2,861,855   

African Oxygen Ltd.(a)

     1,340,737         2,175,178   

AVI Ltd.

     1,636,367         10,123,873   

Barloworld Ltd.

     431,063         3,529,160   

Blue Label Telecoms Ltd.

     1,688,708         1,363,133   

Capitec Bank Holdings Ltd.

     284,889         6,167,668   

Cashbuild Ltd.

     181,654         2,267,168   

City Lodge Hotels Ltd.

     82,652         899,803   

Clicks Group Ltd.(a)

     388,765         2,305,424   

Coronation Fund Managers Ltd.

     2,037,952         17,433,502   

DRDGOLD Ltd.(a)

     1,334,137         453,441   

Famous Brands Ltd.

     38,742         336,765   

Grindrod Ltd.(a)

     243,359         486,147   

Hosken Consolidated Investments Ltd.

     261,594         3,591,107   

Investec Ltd.

     1,086,097         9,121,744   

Invicta Holdings Ltd.(a)

     41,333         384,127   

JSE Ltd.

     277,837         2,421,983   

Lewis Group Ltd.(a)

     880,390         4,402,632   

Metair Investments Ltd.

     350,864         1,021,700   

Mondi Ltd.

     546,409         8,950,889   

Mpact Ltd.

     780,678         2,349,997   

Nampak Ltd.

     3,048,232         11,096,744   

Oceana Group Ltd.

     175,499         1,149,464   

Omnia Holdings Ltd.

     134,810         2,751,505   

Pick n Pay Holdings Ltd.(a)

     1,446,325         2,867,495   

Pick n Pay Stores Ltd.

     935,456         4,370,001   

Pioneer Foods Ltd.

     526,806         5,502,012   

PPC Ltd.

     2,515,255         6,580,748   

PSG Group Ltd.

     390,360         3,323,411   

Raubex Group Ltd.

     324,979         637,690   

Resilient Property Income Fund Ltd.

     1,093,399         7,058,839   

Reunert Ltd.

     920,782         4,846,671   

Santam Ltd.

     343,498         6,400,997   
Investments    Shares      Value  
               

SPAR Group Ltd. (The)

     826,818       $ 9,190,079   

Sun International Ltd.(a)

     452,383         4,792,799   

Tongaat Hulett Ltd.

     449,178         6,201,604   

Trencor Ltd.

     673,627         3,981,573   

Wilson Bayly Holmes-Ovcon Ltd.

     215,067         2,664,769   
     

 

 

 
Total South Africa               167,437,688   
South Korea – 11.1%      

BS Financial Group, Inc.

     643,448         10,304,924   

CJ CGV Co., Ltd.(a)

     42,448         2,152,066   

Daeduck Electronics Co.

     115,464         1,005,557   

Daeduck GDS Co., Ltd.

     49,497         567,556   

Daewoong Pharmaceutical Co., Ltd.

     59,784         4,243,375   

Daishin Securities Co., Ltd.

     315,345         3,361,887   

Daum Communications Corp.(a)

     36,416         5,442,126   

DGB Financial Group, Inc.

     385,625         6,139,303   

Dongkuk Steel Mill Co., Ltd.

     24,138         142,735   

Dongyang Mechatronics Corp.(a)

     186,641         1,565,291   

Doosan Corp.

     61,086         5,991,377   

Eugene Corp.(a)

     280,056         922,241   

Grand Korea Leisure Co., Ltd.(a)

     194,764         7,742,573   

Green Cross Corp.

     13,942         1,684,534   

GS Home Shopping, Inc.

     1,962         473,186   

Hana Tour Service, Inc.

     31,088         2,029,816   

Handsome Co., Ltd.

     100,803         3,114,123   

Hankook Tire Worldwide Co., Ltd.

     75,094         1,494,408   

Hanmi Semiconductor Co., Ltd.(a)

     150,141         2,354,734   

Hansol Paper Co.(a)

     138,951         1,441,851   

Hanwha Chemical Corp.

     223,221         2,898,013   

Hanwha Corp.

     161,424         4,505,034   

Hite Jinro Co., Ltd.(a)

     334,023         7,327,773   

Hitejinro Holdings Co., Ltd.(a)

     53,970         677,662   

Hotel Shilla Co., Ltd.

     50,564         5,726,035   

Huchems Fine Chemical Corp.

     159,238         3,561,257   

Huvis Corp.

     81,294         939,860   

Hyosung Corp.(a)

     57,631         4,128,788   

Hyundai Development Co-Engineering & Construction

     143,507         5,806,917   

iMarketKorea, Inc.(a)

     49,478         1,491,021   

ISU Chemical Co., Ltd.(a)

     92,108         929,590   

KEPCO Plant Service & Engineering Co., Ltd.(a)

     145,046         11,490,970   

Kolon Corp.

     15,608         342,407   

Kolon Industries, Inc.

     65,717         3,630,705   

Korea Aerospace Industries Ltd.(a)

     77,905         3,008,414   

Korea Investment Holdings Co., Ltd.

     127,752         6,706,904   

Korean Reinsurance Co.

     323,964         3,469,124   

KT Skylife Co., Ltd.

     18,966         407,088   

LEENO Industrial, Inc.(a)

     18,516         713,267   

LF Corp.

     78,537         2,604,876   

LG International Corp.(a)

     62,367         1,518,912   

LIG Insurance Co., Ltd.

     205,910         5,444,102   

LS Corp.

     47,106         2,981,929   

LS Industrial Systems Co., Ltd.

     31,423         1,747,956   

Macquarie Korea Infrastructure Fund

     1,129,934         7,752,402   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      39   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
               

Mando Corp.(a)

     24,316       $ 3,156,875   

Meritz Fire & Marine Insurance Co., Ltd.

     530,746         6,588,744   

Meritz Securities Co., Ltd.

     1,389,859         5,209,090   

Mirae Asset Securities Co., Ltd.

     70,810         2,986,065   

Moorim P&P Co., Ltd.(a)

     495,505         2,256,244   

Nexen Tire Corp.

     26,193         342,538   

NongShim Co., Ltd.

     2,195         565,781   

OCI Materials Co., Ltd.

     49,171         2,385,743   

Partron Co., Ltd.(a)

     100,200         914,405   

Poongsan Corp.

     70,188         1,968,789   

S&T Dynamics Co., Ltd.

     131,989         1,294,562   

S&T Motiv Co., Ltd.

     16,079         554,632   

S-1 Corp.

     89,223         6,890,950   

Samsung Fine Chemicals Co., Ltd.(a)

     49,654         1,797,472   

SFA Engineering Corp.

     44,391         1,825,699   

Shinsegae Co., Ltd.

     7,405         1,540,296   

Silicon Works Co., Ltd.(a)

     41,195         897,877   

SK Chemicals Co., Ltd.

     42,015         2,400,857   

SKC Co., Ltd.(a)

     71,104         2,125,877   

Soulbrain Co., Ltd.

     9,867         241,240   

Sungwoo Hitech Co., Ltd.(a)

     179,134         2,902,811   

Tongyang Life Insurance

     434,849         4,718,333   

Woori Investment & Securities Co., Ltd.

     550,123         6,151,577   

Youngone Corp.

     57,137         3,308,288   
     

 

 

 
Total South Korea               215,009,414   
Taiwan – 25.9%      

Ability Enterprise Co., Ltd.

     3,571,650         2,025,377   

AcBel Polytech, Inc.

     2,513,303         2,986,765   

Accton Technology Corp.

     5,177,633         3,021,187   

Advancetek Enterprise Co., Ltd.

     1,550,630         1,473,174   

Advantech Co., Ltd.(a)

     2,245,608         15,871,586   

ALI Corp.

     1,504,980         1,333,329   

Alpha Networks, Inc.

     3,354,788         1,874,830   

Ambassador Hotel (The)

     760,000         690,807   

AmTRAN Technology Co., Ltd.

     6,611,950         4,021,140   

Apex Biotechnology Corp.(a)

     724,791         1,305,694   

AV Tech Corp.

     789,036         1,639,313   

BES Engineering Corp.(a)

     4,369,026         1,101,610   

Capital Securities Corp.

     14,305,723         4,702,813   

Career Technology MFG. Co., Ltd.

     1,395,000         1,903,138   

Cheng Loong Corp.

     3,000,000         1,262,348   

Cheng Uei Precision Industry Co., Ltd.(a)

     1,967,820         3,525,574   

Chicony Electronics Co., Ltd.(a)

     3,373,410         10,091,563   

Chimei Materials Technology Corp.

     1,736,400         2,049,237   

Chin-Poon Industrial Co., Ltd.(a)

     1,638,650         2,725,741   

China Steel Chemical Corp.(a)

     1,368,726         8,031,611   

China Synthetic Rubber Corp.

     3,551,257         3,782,466   

Chroma ATE, Inc.(a)

     1,320,132         3,667,094   

Chung Hsin Electric & Machinery Manufacturing Corp.

     4,119,882         2,769,657   

Cleanaway Co., Ltd.

     465,161         2,331,960   

Clevo Co.

     448,000         790,861   

Compeq Manufacturing Co., Ltd.

     7,043,000         4,155,948   

Coxon Precise Industrial Co., Ltd.

     323,000         562,764   
Investments    Shares      Value  
               

CSBC Corp. Taiwan(a)

     4,874,830       $ 2,804,435   

CTCI Corp.

     2,064,190         3,515,016   

Cyberlink Corp.

     795,011         2,284,191   

CyberTAN Technology, Inc.(a)

     1,674,000         1,461,060   

D-Link Corp.

     5,839,664         3,484,275   

Darfon Electronics Corp.(a)

     916,908         584,757   

Depo Auto Parts Ind Co., Ltd.

     804,646         3,147,747   

E-LIFE MALL Corp.

     328,440         675,894   

Eclat Textile Co., Ltd.

     316,286         2,874,902   

Elan Microelectronics Corp.(a)

     1,575,156         2,682,262   

Elite Material Co., Ltd.

     1,895,163         2,112,001   

Epistar Corp.

     1,252,245         2,342,338   

Eternal Materials Co., Ltd.(a)

     5,562,767         5,769,500   

Evergreen International Storage & Transport Corp.

     4,961,361         2,984,694   

Everlight Chemical Industrial Corp.(a)

     1,582,229         1,516,198   

Everlight Electronics Co., Ltd.(a)

     1,753,165         3,757,667   

Far Eastern Department Stores Ltd.

     4,717,841         4,551,969   

Far Eastern International Bank

     12,956,601         4,365,790   

Farglory Land Development Co., Ltd.

     6,639,640         7,824,951   

Feng Hsin Iron & Steel Co.

     2,820,950         3,774,311   

Feng TAY Enterprise Co., Ltd.

     1,100,960         3,065,511   

FLEXium Interconnect, Inc.

     215,138         543,158   

Flytech Technology Co., Ltd.

     31,419         124,976   

Formosa International Hotels Corp.(a)

     145,733         1,547,421   

Formosan Rubber Group, Inc.

     6,051,122         6,435,142   

Getac Technology Corp.

     2,060,292         1,043,032   

Giant Manufacturing Co., Ltd.(a)

     879,464         6,851,952   

Global Mixed Mode Technology, Inc.

     329,685         897,382   

Global Unichip Corp.(a)

     372,528         1,119,317   

Grand Pacific Petrochemical

     3,445,135         1,557,245   

Grape King Bio Ltd.

     823,988         3,480,743   

Great China Metal Industry

     1,230,694         1,290,591   

Great Wall Enterprise Co., Ltd.(a)

     3,355,446         3,270,566   

Hey Song Corp.

     1,164,221         1,310,823   

Highwealth Construction Corp.

     2,248,395         3,592,169   

Hiwin Technologies Corp.(a)

     467,393         4,179,257   

Holiday Entertainment Co., Ltd.

     728,196         890,511   

Holtek Semiconductor, Inc.(a)

     2,008,773         3,546,117   

Holy Stone Enterprise Co., Ltd.

     676,309         947,115   

Huaku Development Co., Ltd.(a)

     2,488,296         4,744,364   

Huang Hsiang Construction Corp.

     1,159,448         1,486,496   

Hung Poo Real Estate Development Corp.

     1,914,122         1,551,081   

IEI Integration Corp.(a)

     1,794,623         3,551,548   

Inventec Corp.

     10,085,992         6,564,955   

ITEQ Corp.

     1,723,657         1,453,403   

Jentech Precision Industrial Co., Ltd.(a)

     514,283         1,261,214   

Johnson Health Tech Co., Ltd.

     186,000         462,868   

KEE TAI Properties Co., Ltd.

     4,081,999         2,489,228   

Kenda Rubber Industrial Co., Ltd.(a)

     1,581,517         3,145,409   

Kerry TJ Logistics Co., Ltd.

     328,860         430,271   

King Slide Works Co., Ltd.

     308,004         3,478,012   

King Yuan Electronics Co., Ltd.

     8,331,960         7,094,060   

Kingdom Construction Corp.

     2,212,187         1,974,420   

 

See Notes to Financial Statements.

 

40   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
               

Kinik Co.

     475,495       $ 1,112,945   

Kinsus Interconnect Technology Corp.(a)

     1,225,368         4,551,902   

LCY Chemical Corp.(a)

     4,639,612         2,531,848   

Lealea Enterprise Co., Ltd.

     4,533,763         1,400,989   

Lingsen Precision Industries Ltd.(a)

     2,611,412         1,360,669   

Lotes Co., Ltd.

     383,233         1,618,877   

Lumax International Corp., Ltd.(a)

     445,773         1,044,843   

Makalot Industrial Co., Ltd.(a)

     1,266,167         6,430,836   

Mercuries & Associates Ltd.

     753,362         464,358   

Merida Industry Co., Ltd.

     1,176,043         8,196,095   

Merry Electronics Co., Ltd.(a)

     972,146         4,522,055   

Micro-Star International Co., Ltd.

     3,757,877         4,638,744   

Mitac Holdings Corp.(a)

     2,102,596         1,734,912   

Namchow Chemical Industrial Co., Ltd.

     778,086         1,496,344   

Nan Kang Rubber Tire Co., Ltd.

     952,954         1,051,023   

Nuvoton Technology Corp.(a)

     100,632         103,710   

OptoTech Corp.

     2,903,518         1,364,924   

Oriental Union Chemical Corp.

     5,706,767         4,840,138   

Phihong Technology Co., Ltd.(a)

     4,557,064         2,711,513   

Powertech Technology, Inc.

     3,301,240         5,968,810   

Prince Housing & Development Corp.(a)

     7,047,460         2,803,276   

Radiant Opto-Electronics Corp.(a)

     2,387,252         9,456,561   

Radium Life Tech Co., Ltd.(a)

     4,271,332         2,492,353   

Realtek Semiconductor Corp.(a)

     1,358,770         4,824,115   

Rechi Precision Co., Ltd.

     439,612         448,724   

Richtek Technology Corp.

     494,910         2,521,772   

Ruentex Development Co., Ltd.(a)

     2,809,537         4,539,481   

Ruentex Industries Ltd.(a)

     712,162         1,584,949   

Sampo Corp.

     1,661,000         687,999   

Senao International Co., Ltd.

     751,599         1,482,468   

Sercomm Corp.(a)

     923,488         1,982,405   

Shih Wei Navigation Co., Ltd.

     1,104,309         744,205   

Shin Zu Shing Co., Ltd.

     482,580         1,196,158   

Shinkong Synthetic Fibers Corp.

     6,967,761         2,496,708   

Sigurd Microelectronics Corp.

     4,024,830         4,042,097   

Silitech Technology Corp.(a)

     1,217,739         970,765   

Sincere Navigation Corp.

     4,938,546         4,342,810   

Sonix Technology Co., Ltd.

     461,205         725,477   

Standard Foods Corp.(a)

     1,109,794         2,499,084   

Syncmold Enterprise Corp.

     477,220         1,022,855   

Synnex Technology International Corp.(a)

     12,890,000         17,797,137   

TA Chen Stainless Pipe*

     2,093,100         1,283,266   

Taiflex Scientific Co., Ltd.(a)

     794,974         1,270,098   

Tainan Spinning Co., Ltd.(a)

     6,086,108         3,611,310   

Taiwan Cogeneration Corp.(a)

     5,094,970         3,701,535   

Taiwan Glass Industry Corp.(a)

     3,825,698         3,169,269   

Taiwan Hon Chuan Enterprise Co., Ltd.

     1,203,606         2,215,748   

Taiwan PCB Techvest Co., Ltd.

     447,302         697,726   

Taiwan Secom Co., Ltd.

     1,397,674         3,859,518   

Taiwan Surface Mounting Technology Co., Ltd.

     474,506         693,364   

Teco Electric and Machinery Co., Ltd.

     7,342,683         7,543,150   

Test Research, Inc.

     1,142,115         2,027,456   

Test-Rite International Co., Ltd.

     2,118,888         1,372,215   
Investments    Shares      Value  
               

Ton Yi Industrial Corp.(a)

     8,342,538       $ 5,635,831   

Tong Hsing Electronic Industries Ltd.

     415,918         1,825,311   

Tong Yang Industry Co., Ltd.

     1,553,685         1,654,840   

Topco Scientific Co., Ltd.(a)

     767,320         1,410,056   

Transcend Information, Inc.

     1,148,479         3,813,224   

Tripod Technology Corp.(a)

     2,337,928         4,826,571   

Tsann Kuen Enterprise Co., Ltd.

     1,079,546         1,282,914   

TSRC Corp.

     5,221,011         6,264,630   

Tung Ho Steel Enterprise Corp.(a)

     6,846,153         5,547,681   

TXC Corp.

     2,448,549         3,292,153   

U-Ming Marine Transport Corp.(a)

     4,906,420         7,467,817   

Unimicron Technology Corp.

     4,762,141         3,553,661   

Unitech Printed Circuit Board Corp.*

     4,605,000         2,028,534   

United Integrated Services Co., Ltd.(a)

     3,208,461         3,185,310   

USI Corp.

     5,496,678         2,710,438   

Visual Photonics Epitaxy Co., Ltd.

     341,000         349,189   

Wah Lee Industrial Corp.(a)

     1,337,325         2,373,989   

Wei Chuan Foods Corp.

     1,357,396         1,608,643   

Wistron Corp.(a)

     15,992,257         16,323,726   

Wistron NeWeb Corp.(a)

     2,171,752         5,097,490   

Wowprime Corp.

     175,833         2,072,228   

WPG Holdings Ltd.

     9,836,759         12,029,370   

WT Microelectronics Co., Ltd.(a)

     2,744,866         4,416,943   

YC Co., Ltd.(a)

     1,830,995         1,020,246   

YFY, Inc.

     2,856,000         1,239,310   

Young Optics, Inc.

     88,759         174,195   

YungShin Global Holding Corp.

     475,000         933,776   

Yungtay Engineering Co., Ltd.(a)

     1,275,790         2,944,179   

Zinwell Corp.(a)

     2,966,186         2,749,764   
     

 

 

 
Total Taiwan               502,675,510   
Thailand – 10.4%      

Aeon Thana Sinsap Thailand PCL NVDR

     141,371         488,313   

Amata Corp. PCL

     2,455,575         1,226,841   

AP Thailand PCL

     7,571,660         1,681,294   

Bangchak Petroleum PCL (The)

     7,387,539         8,145,089   

Bangkok Chain Hospital PCL NVDR

     1,580,465         497,170   

Bangkok Expressway PCL

     5,637,405         6,606,674   

Bangkok Land PCL NVDR(a)

     95,858,114         6,444,740   

Bangkok Life Assurance PCL NVDR(a)

     1,261,806         3,502,314   

Bumrungrad Hospital PCL

     1,870,065         7,612,909   

Cal-Comp Electronics Thailand PCL NVDR(a)

     18,000,858         1,676,564   

CH Karnchang PCL NVDR

     5,030,825         4,383,063   

Delta Electronics Thailand PCL

     6,907,051         13,207,006   

Dynasty Ceramic PCL

     1,628,421         2,912,827   

Eastern Water Resources Development and Management PCL NVDR(a)

     3,035,648         1,020,465   

Electricity Generating PCL

     2,150,291         10,942,113   

Hana Microelectronics PCL

     2,821,347         3,676,235   

Hemaraj Land and Development PCL

     4,221,500         575,452   

Hemaraj Land and Development PCL NVDR(a)

     41,227,723         5,619,939   

Jasmine International PCL

     10,765,496         2,224,482   

Khon Kaen Sugar Industry PCL NVDR(a)

     8,988,757         3,659,263   

Kiatnakin Bank PCL

     4,109,923         5,355,258   

Kiatnakin Bank PCL NVDR

     1,581,806         2,061,104   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      41   


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
               

LPN Development PCL(a)

     3,228,902       $ 2,160,900   

LPN Development PCL NVDR(a)

     2,865,518         1,917,710   

Major Cineplex Group PCL

     4,703,169         3,510,152   

MBK PCL NVDR

     4,327,020         2,175,187   

MCOT PCL

     3,937,974         2,781,175   

Precious Shipping PCL NVDR(a)

     1,632,710         1,208,482   

Pruksa Real Estate PCL

     6,640,941         7,014,718   

Quality Houses PCL NVDR

     49,873,352         6,490,842   

Ratchaburi Electricity Generating Holding PCL

     3,921,390         7,165,531   

Ratchaburi Electricity Generating Holding PCL NVDR(a)

     759,300         1,387,464   

Robinson Department Store PCL

     1,002,833         1,631,440   

Samart Corp. PCL

     4,849,600         4,636,472   

Samart Telcoms PCL NVDR

     4,615,524         3,273,926   

Sansiri PCL

     71,904,918         4,967,371   

SNC Former PCL NVDR

     1,349,554         703,391   

Somboon Advance Technology PCL NVDR

     912,296         534,576   

Sri Trang Agro-Industry PCL NVDR

     6,490,160         2,782,212   

Sriracha Construction PCL NVDR

     775,844         867,366   

Srithai Superware PCL Class C NVDR

     6,977,460         606,829   

Supalai PCL

     8,716,827         6,989,591   

Thai Stanley Electric PCL NVDR

     53,370         367,047   

Thai Union Frozen Products PCL NVDR

     4,311,905         9,840,585   

Thai Vegetable Oil PCL

     8,326,748         5,880,726   

Thanachart Capital PCL

     5,785,366         6,646,257   

Thitikorn PCL NVDR

     698,429         221,860   

TICON Industrial Connection PCL NVDR(a)

     6,882,915         3,863,348   

Tisco Financial Group PCL

     2,082,575         2,922,349   

Tisco Financial Group PCL NVDR(a)

     3,228,757         4,530,715   

TPI Polene PCL

     778,498         458,576   

TPI Polene PCL NVDR(a)

     3,784,561         2,229,302   

TTW PCL

     23,058,824         8,533,721   
     

 

 

 
Total Thailand               201,818,936   
Turkey – 5.0%      

Akcansa Cimento AS

     457,072         2,875,738   

Aksa Akrilik Kimya Sanayii

     1,411,296         4,238,591   

Aksigorta AS

     423,547         501,393   

Anadolu Cam Sanayii AS

     172,684         123,411   

Anadolu Hayat Emeklilik AS

     737,394         1,487,203   

Aselsan Elektronik Sanayi ve Ticaret AS(a)

     795,458         3,208,617   

Aslan Cimento AS

     37,842         442,994   

Borusan Mannesmann Boru Sanayi ve Ticaret AS

     520,540         1,467,499   

Brisa Bridgestone Sabanci Sanayi ve Ticaret AS

     1,034,614         3,538,227   

Celebi Hava Servisi AS

     31,837         332,217   

Cimsa Cimento Sanayi ve Ticaret AS

     1,265,253         8,182,428   

Dogus Otomotiv Servis ve Ticaret AS

     2,119,392         8,223,702   

Konya Cimento Sanayii AS(a)

     21,244         2,202,826   

Netas Telekomunikasyon AS

     1,289,131         3,430,825   

Otokar Otomotiv ve Savunma Sanayi AS

     94,708         2,283,821   

Selcuk Ecza Deposu Ticaret ve Sanayi AS

     2,676,643         2,452,729   

Soda Sanayii AS

     1,501,703         2,488,792   

TAV Havalimanlari Holding AS

     1,148,170         9,212,343   
Investments    Shares      Value  
               

Tekfen Holding AS

     1,603,025       $ 3,556,343   

Torunlar Gayrimenkul Yatirim Ortakligi AS(a)

     2,332,330         3,139,360   

Trakya Cam Sanayii AS

     2,329,189         2,604,101   

Turk Traktor ve Ziraat Makineleri AS

     432,709         13,375,125   

Turkiye Sinai Kalkinma Bankasi AS

     2,260,468         1,902,884   

Turkiye Sise ve Cam Fabrikalari AS

     2,902,511         3,677,770   

Ulker Biskuvi Sanayi AS

     1,722,309         11,402,519   
     

 

 

 
Total Turkey               96,351,458   
TOTAL COMMON STOCKS
(Cost: $1,757,836,849)
              1,901,018,214   
EXCHANGE-TRADED FUNDS & NOTES – 1.4%      
United States – 1.4%      

iPath MSCI India Index ETN*(a)

     365,064         25,627,493   

WisdomTree Emerging Markets Equity Income Fund(a)(b)

     1,293         61,779   
TOTAL EXCHANGE-TRADED FUNDS & NOTES
(Cost: $20,842,951)
              25,689,272   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 4.1%      
United States – 4.1%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(c)

     
(Cost: $80,257,433)(d)      80,257,433         80,257,433   
TOTAL INVESTMENTS IN SECURITIES – 103.5%
(Cost: $1,858,937,233)
         2,006,964,919   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (3.5)%

        (67,504,824
     

 

 

 
NET ASSETS – 100.0%             $ 1,939,460,095   
* 

Non-income producing security.

 

 

Security is being fair valued by a valuation committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $3,156,875, which represents 0.2% of net assets.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

Affiliated company (See Note 8).

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(d) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $126,254,212 and the total market value of the collateral held by the Fund was $135,759,433. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $55,502,000.

ETN – Exchange Traded Note

GDR – Global Depositary Receipt

NVDR – Non-Voting Depositary Receipt

 

Reg S – Regulation S provides an exclusion from the registration requirements of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers.

 

See Notes to Financial Statements.

 

42   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Global Equity Income Fund (DEW)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 99.5%      
Australia – 8.2%      

Adelaide Brighton Ltd.

     7,662       $ 21,522   

AGL Energy Ltd.

     5,990         70,971   

ALS Ltd.(a)

     4,320         19,922   

Amcor Ltd.

     11,775         116,741   

AMP Ltd.

     19,274         92,087   

Australia & New Zealand Banking Group Ltd.

     36,034         974,955   

BHP Billiton Ltd.

     29,659         879,032   

Brambles Ltd.

     14,535         121,083   

Coca-Cola Amatil Ltd.

     9,650         74,140   

Commonwealth Bank of Australia

     19,999         1,317,584   

Crown Resorts Ltd.(a)

     10,237         123,619   

Iluka Resources Ltd.

     4,968         34,169   

Leighton Holdings Ltd.

     3,814         64,413   

Macquarie Group Ltd.

     3,782         190,591   

National Australia Bank Ltd.

     33,631         957,613   

New Hope Corp., Ltd.

     11,714         26,753   

Origin Energy Ltd.

     10,833         141,907   

QBE Insurance Group Ltd.

     4,457         45,475   

Rio Tinto Ltd.

     3,833         199,835   

Santos Ltd.

     6,783         81,138   

Seven West Media Ltd.(a)

     17,649         24,864   

Sonic Healthcare Ltd.

     5,718         87,762   

Suncorp Group Ltd.

     14,088         173,081   

Sydney Airport

     16,207         60,557   

Tatts Group Ltd.

     36,620         100,940   

Telstra Corp., Ltd.

     223,112         1,034,741   

Wesfarmers Ltd.

     15,506         572,049   

Westpac Banking Corp.(a)

     42,614         1,198,480   

Woodside Petroleum Ltd.

     6,680         237,321   

Woolworths Ltd.

     14,038         420,602   

WorleyParsons Ltd.

     3,629         48,713   
     

 

 

 
Total Australia               9,512,660   
Austria – 0.4%      

EVN AG

     4,257         54,449   

Lenzing AG(a)

     471         29,154   

Oesterreichische Post AG

     1,521         72,956   

OMV AG

     3,101         104,377   

Raiffeisen Bank International AG

     2,059         44,790   

Verbund AG(a)

     3,674         74,004   

Voestalpine AG

     1,207         47,724   
     

 

 

 
Total Austria               427,454   
Belgium – 0.2%      

Belgacom S.A.(a)

     5,585         194,442   

Elia System Operator S.A./N.V.

     1,461         70,198   
     

 

 

 
Total Belgium               264,640   
Brazil – 1.9%      

Banco do Brasil S.A.

     33,152         342,401   

Banco Santander Brasil S.A.

     25,364         163,909   

BM&FBovespa S.A.

     10,864         49,628   

Centrais Eletricas Brasileiras S.A.

     19,902         53,297   
Investments    Shares      Value  
     

Cia Energetica de Minas Gerais

     11,021       $ 67,936   

Cia Hering

     3,134         31,729   

Cia Siderurgica Nacional S.A.

     25,288         89,813   

CPFL Energia S.A.

     10,746         83,832   

EDP – Energias do Brasil S.A.

     7,212         29,442   

Itau Unibanco Holding S.A.

     14,806         189,971   

Multiplus S.A.

     2,884         34,755   

Natura Cosmeticos S.A.

     3,750         56,611   

Porto Seguro S.A.

     3,462         40,152   

Souza Cruz S.A.

     11,058         88,930   

Telefonica Brasil S.A.

     5,866         101,247   

Tim Participacoes S.A.

     18,430         96,980   

Tractebel Energia S.A.

     9,808         137,775   

Transmissora Alianca de Energia Eletrica S.A.

     6,538         52,232   

Vale S.A.

     41,774         457,884   
     

 

 

 
Total Brazil               2,168,524   
Canada – 5.1%      

ARC Resources Ltd.(a)

     1,747         46,194   

Bank of Montreal

     4,968         366,437   

Bank of Nova Scotia (The)

     8,102         502,193   

Barrick Gold Corp.

     9,230         136,028   

Baytex Energy Corp.(a)

     2,659         100,764   

BCE, Inc.(a)

     6,585         282,185   

Canadian Imperial Bank of Commerce(a)

     2,809         252,836   

CI Financial Corp.(a)

     3,920         118,454   

Crescent Point Energy Corp.(a)

     5,362         193,935   

Emera, Inc.

     1,769         55,450   

Encana Corp.(a)

     5,216         110,990   

Enerplus Corp.(a)

     3,269         62,189   

First Capital Realty, Inc.(a)

     3,820         59,852   

Fortis, Inc.(a)

     2,980         92,316   

Great-West Lifeco, Inc.

     6,988         201,408   

Husky Energy, Inc.

     6,387         175,685   

IGM Financial, Inc.(a)

     3,539         152,954   

Manitoba Telecom Services, Inc.(a)

     1,278         33,312   

Manulife Financial Corp.(a)

     13,233         255,057   

National Bank of Canada(a)

     2,124         96,987   

Pembina Pipeline Corp.(a)

     3,590         151,560   

Pengrowth Energy Corp.(a)

     19,683         103,386   

Penn West Petroleum Ltd.(a)

     6,813         46,271   

Power Corp. of Canada(a)

     2,031         56,484   

Power Financial Corp.(a)

     6,249         191,571   

Rogers Communications, Inc. Class B(a)

     4,706         176,525   

Royal Bank of Canada(a)

     10,076         721,743   

Shaw Communications, Inc. Class B(a)

     4,221         103,679   

Sun Life Financial, Inc.

     5,353         194,472   

Teck Resources Ltd. Class B

     5,288         100,361   

Toronto-Dominion Bank (The)

     8,846         437,491   

TransCanada Corp.(a)

     5,454         281,497   
     

 

 

 
Total Canada               5,860,266   
Chile – 0.3%      

Banco de Chile

     1,048,800         129,483   

Banco Santander Chile

     2,151,715         120,198   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      43   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Global Equity Income Fund (DEW)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Corpbanca S.A.

     5,565,896       $ 71,184   

ENTEL Chile S.A.

     5,062         57,494   
     

 

 

 
Total Chile               378,359   
China – 5.6%      

Agricultural Bank of China Ltd. Class H

     297,000         131,573   

Bank of China Ltd. Class H

     615,366         275,782   

BOC Hong Kong Holdings Ltd.

     108,673         346,378   

China BlueChemical Ltd. Class H

     72,000         31,248   

China CITIC Bank Corp., Ltd. Class H

     78,000         47,312   

China Coal Energy Co., Ltd. Class H(a)

     134,000         78,346   

China Communications Construction Co., Ltd. Class H

     101,000         72,839   

China Construction Bank Corp. Class H

     2,248,405         1,575,166   

China Merchants Bank Co., Ltd. Class H

     48,960         83,732   

China Mobile Ltd.

     165,532         1,913,240   

China Petroleum & Chemical Corp. Class H

     278,000         243,448   

China Shenhua Energy Co., Ltd. Class H

     44,500         124,071   

CITIC Ltd.(a)

     54,000         90,126   

CNOOC Ltd.

     267,000         458,003   

Far East Horizon Ltd.

     61,000         54,597   

Industrial & Commercial Bank of China Ltd. Class H

     860,215         536,174   

Jiangxi Copper Co., Ltd. Class H(a)

     38,000         62,541   

PetroChina Co., Ltd. Class H

     168,000         215,271   

Shanghai Industrial Holdings Ltd.

     21,000         62,201   

Shougang Fushan Resources Group Ltd.(a)

     68,000         15,237   

Yanzhou Coal Mining Co., Ltd. Class H(a)

     66,000         54,142   

Zhaojin Mining Industry Co., Ltd. Class H(a)

     49,500         27,411   

Zhejiang Expressway Co., Ltd. Class H

     46,000         46,740   
     

 

 

 
Total China               6,545,578   
Czech Republic – 0.3%      

CEZ AS

     5,854         177,975   

Komercni Banka AS

     776         184,567   
     

 

 

 
Total Czech Republic               362,542   
Denmark – 0.1%      

TDC A/S

     19,310         146,676   
Finland – 0.8%      

Elisa Oyj

     5,233         138,955   

Fortum Oyj

     8,822         215,198   

Kesko Oyj Class B

     1,696         60,739   

Metso Oyj

     1,162         41,395   

Nokian Renkaat Oyj(a)

     970         29,261   

Sampo Oyj Class A

     6,022         292,120   

Stora Enso Oyj Class R

     7,684         64,113   

UPM-Kymmene Oyj

     5,139         73,423   

YIT Oyj(a)

     2,971         22,932   
     

 

 

 
Total Finland               938,136   
France – 7.4%      

AXA S.A.

     18,882         465,366   

BNP Paribas S.A.

     6,280         416,652   

Bouygues S.A.

     3,310         107,314   

Carrefour S.A.

     6,374         196,951   
Investments    Shares      Value  
     

Casino Guichard Perrachon S.A.

     1,204       $ 129,692   

Cie de Saint-Gobain

     5,524         252,855   

Cie Generale des Etablissements Michelin

     1,925         181,603   

CNP Assurances

     8,313         156,576   

Eiffage S.A.

     560         31,240   

Electricite de France S.A.

     20,853         684,116   

Euler Hermes Group

     887         94,682   

Eutelsat Communications S.A.

     1,863         60,166   

GDF Suez

     36,986         927,910   

Imerys S.A.

     588         43,364   

Klepierre

     3,911         171,290   

Neopost S.A.

     565         41,532   

Orange S.A.

     47,241         710,457   

Rexel S.A.

     2,104         39,270   

Sanofi

     8,438         954,647   

Schneider Electric SE

     4,338         333,183   

Societe Television Francaise 1(a)

     2,253         30,396   

Suez Environnement Co.

     5,184         87,720   

Total S.A.

     24,895         1,618,031   

Unibail-Rodamco SE

     609         156,710   

Veolia Environnement S.A.

     3,952         69,793   

Vinci S.A.

     5,834         339,048   

Vivendi S.A.

     13,644         329,548   
     

 

 

 
Total France               8,630,112   
Germany – 4.9%      

Allianz SE Registered Shares

     2,995         485,604   

BASF SE

     6,774         621,513   

Bayerische Motoren Werke AG

     4,439         476,755   

Bilfinger SE(a)

     891         56,514   

Daimler AG Registered Shares

     8,822         676,799   

Deutsche Boerse AG

     1,823         122,814   

Deutsche Post AG Registered Shares

     10,161         325,903   

Deutsche Telekom AG Registered Shares

     56,689         859,349   

E.ON SE

     25,363         464,417   

K+S AG Registered Shares

     2,351         66,689   

Muenchener Rueckversicherungs AG Registered Shares

     1,850         365,859   

RWE AG

     5,862         228,487   

Siemens AG Registered Shares

     6,788         809,217   

Telefonica Deutschland Holding AG

     31,504         164,761   
     

 

 

 
Total Germany               5,724,681   
Hong Kong – 0.9%      

CLP Holdings Ltd.

     22,000         176,649   

Hang Seng Bank Ltd.

     14,500         232,856   

HKT Trust and HKT Ltd.

     54,280         65,568   

Hopewell Holdings Ltd.

     23,000         80,566   

Power Assets Holdings Ltd.

     19,000         167,976   

Sino Land Co., Ltd.

     56,000         86,541   

Sun Hung Kai Properties Ltd.

     18,000         255,219   
     

 

 

 
Total Hong Kong               1,065,375   
Indonesia – 0.4%      

Indo Tambangraya Megah Tbk PT

     18,200         38,797   

Perusahaan Gas Negara Persero Tbk PT

     195,200         96,118   

 

See Notes to Financial Statements.

 

44   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Global Equity Income Fund (DEW)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Semen Indonesia Persero Tbk PT

     25,500       $ 32,281   

Tambang Batubara Bukit Asam Persero Tbk PT

     48,500         52,540   

Telekomunikasi Indonesia Persero Tbk PT

     771,635         184,597   

United Tractors Tbk PT

     46,700         76,268   
     

 

 

 
Total Indonesia               480,601   
Ireland – 0.2%      

CRH PLC

     5,341         122,189   

Dragon Oil PLC

     4,956         49,459   
     

 

 

 
Total Ireland               171,648   
Israel – 0.2%      

Bezeq Israeli Telecommunication Corp., Ltd.

     61,181         105,624   

Israel Chemicals Ltd.

     16,924         121,723   
     

 

 

 
Total Israel               227,347   
Italy – 2.2%      

Atlantia SpA

     7,545         186,335   

Enel SpA

     94,180         499,924   

Eni SpA

     41,788         996,123   

Hera SpA

     29,471         78,033   

Intesa Sanpaolo SpA

     75,519         229,531   

Mediolanum SpA

     9,292         65,968   

Pirelli & C. SpA

     4,274         59,174   

Snam SpA

     49,682         274,892   

Societa Iniziative Autostradali e Servizi SpA

     7,946         85,422   

Terna Rete Elettrica Nazionale SpA

     23,537         118,397   
     

 

 

 
Total Italy               2,593,799   
Japan – 2.6%      

Aozora Bank Ltd.(a)

     11,000         37,203   

Asahi Glass Co., Ltd.(a)

     9,000         48,784   

Canon, Inc.

     7,900         257,140   

Chugoku Electric Power Co., Inc. (The)(a)

     2,800         35,889   

Dai Nippon Printing Co., Ltd.(a)

     5,000         50,116   

Daito Trust Construction Co., Ltd.(a)

     500         59,050   

Eisai Co., Ltd.(a)

     1,900         76,818   

Hokuriku Electric Power Co.(a)

     1,400         18,391   

Hoya Corp.

     3,200         107,469   

ITOCHU Corp.(a)

     8,800         107,498   

Japan Airlines Co., Ltd.

     1,800         49,227   

JX Holdings, Inc.(a)

     27,100         124,883   

Marubeni Corp.(a)

     12,000         82,133   

Mitsubishi Corp.(a)

     9,800         200,655   

Mitsui & Co., Ltd.(a)

     6,500         102,482   

Mizuho Financial Group, Inc.(a)

     131,700         235,198   

Nippon Telegraph & Telephone Corp.

     8,500         528,543   

NTT DOCOMO, Inc.(a)

     28,400         473,916   

Shiseido Co., Ltd.(a)

     3,000         49,487   

Sumitomo Corp.(a)

     9,100         100,420   

Takeda Pharmaceutical Co., Ltd.(a)

     4,100         178,210   

TonenGeneral Sekiyu K.K.

     5,000         43,712   
     

 

 

 
Total Japan               2,967,224   
Malaysia – 1.0%      

Axiata Group Bhd

     35,400         75,537   

British American Tobacco Malaysia Bhd

     6,000         128,944   
Investments    Shares      Value  
     

DiGi.Com Bhd

     93,600       $ 166,914   

Kuala Lumpur Kepong Bhd

     6,100         39,198   

Malayan Banking Bhd

     100,500         305,130   

Maxis Bhd

     109,000         215,309   

Petronas Chemicals Group Bhd

     37,000         70,379   

Sime Darby Bhd

     20,000         55,784   

Telekom Malaysia Bhd

     28,400         57,138   
     

 

 

 
Total Malaysia               1,114,333   
Mexico – 0.0%      

Alpek S.A. de C.V.

     23,172         42,634   
Netherlands – 1.1%      

Aegon N.V.

     10,733         88,564   

Akzo Nobel N.V.

     401         27,481   

Delta Lloyd N.V.

     5,454         131,560   

Fugro N.V. CVA(a)

     1,084         32,817   

Koninklijke Ahold N.V.

     2,976         48,196   

Koninklijke DSM N.V.

     406         25,057   

Koninklijke Philips N.V.

     8,550         272,882   

Randstad Holding N.V.

     2,224         103,557   

Reed Elsevier N.V.

     9,868         224,009   

Unilever N.V. CVA

     6,691         266,504   

Ziggo N.V.

     1,613         75,575   
     

 

 

 
Total Netherlands               1,296,202   
New Zealand – 0.2%      

Auckland International Airport Ltd.

     17,441         52,338   

Fletcher Building Ltd.

     8,839         60,490   

Spark New Zealand Ltd.

     43,554         100,826   

Vector Ltd.

     9,452         19,745   
     

 

 

 
Total New Zealand               233,399   
Norway – 1.3%      

Akastor ASA

     3,838         15,447   

Aker Solutions ASA*(b)

     3,838         38,244   

Gjensidige Forsikring ASA

     8,891         188,126   

Statoil ASA

     26,904         733,888   

Telenor ASA

     16,399         360,011   

Yara International ASA

     3,396         170,573   
     

 

 

 
Total Norway               1,506,289   
Philippines – 0.2%      

Aboitiz Power Corp.

     66,200         60,111   

Philippine Long Distance Telephone Co.

     2,335         161,191   
     

 

 

 
Total Philippines               221,302   
Poland – 0.9%      

Bank Pekao S.A.

     1,078         63,325   

KGHM Polska Miedz S.A.

     6,800         260,202   

Orange Polska S.A.

     35,720         125,877   

PGE S.A.

     34,356         217,927   

Powszechna Kasa Oszczednosci Bank Polski S.A.

     8,214         98,541   

Powszechny Zaklad Ubezpieczen S.A.

     1,043         151,912   

Synthos S.A.

     40,143         55,857   

Tauron Polska Energia S.A.

     26,604         43,215   
     

 

 

 
Total Poland               1,016,856   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      45   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Global Equity Income Fund (DEW)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Portugal – 0.3%      

EDP-Energias de Portugal S.A.

     53,710       $ 234,419   

Portucel S.A.

     12,940         51,557   

Portugal Telecom, SGPS, S.A. Registered Shares(a)

     9,606         20,216   
     

 

 

 
Total Portugal               306,192   
Russia – 2.8%      

Gazprom Neft OAO ADR

     14,753         282,077   

Gazprom OAO ADR

     113,079         795,665   

Lukoil OAO ADR

     8,066         411,366   

MegaFon OAO GDR Reg S

     6,448         163,650   

MMC Norilsk Nickel OJSC ADR

     28,562         532,681   

Mobile Telesystems OJSC ADR

     10,059         150,282   

Phosagro OAO GDR Reg S

     4,419         49,449   

Rosneft OAO GDR Reg S

     115,438         672,657   

Tatneft OAO ADR

     3,686         130,153   

Uralkali OJSC GDR Reg S

     4,797         85,147   
     

 

 

 
Total Russia               3,273,127   
Singapore – 1.3%      

DBS Group Holdings Ltd.

     14,000         202,211   

Hutchison Port Holdings Trust

     131,827         92,279   

Jardine Cycle & Carriage Ltd.

     2,000         67,294   

Keppel Corp., Ltd.

     15,800         130,087   

Keppel Land Ltd.

     24,000         65,867   

Oversea-Chinese Banking Corp., Ltd.(a)

     4,587         35,033   

SIA Engineering Co., Ltd.(a)

     20,000         72,297   

Singapore Press Holdings Ltd.(a)

     39,000         128,440   

Singapore Technologies Engineering Ltd.

     43,000         123,069   

Singapore Telecommunications Ltd.

     155,000         461,852   

StarHub Ltd.

     30,000         96,918   

United Overseas Bank Ltd.

     3,000         52,694   
     

 

 

 
Total Singapore               1,528,041   
South Africa – 1.4%      

Exxaro Resources Ltd.(a)

     5,262         59,763   

FirstRand Ltd.(a)

     33,461         127,408   

Foschini Group Ltd. (The)

     4,883         50,653   

Imperial Holdings Ltd.

     1,787         27,513   

Kumba Iron Ore Ltd.

     2,939         69,332   

MTN Group Ltd.

     15,527         327,519   

Nedbank Group Ltd.(a)

     5,432         105,234   

RMB Holdings Ltd.

     11,261         56,513   

Sanlam Ltd.

     24,099         139,284   

Sasol Ltd.(a)

     4,874         264,596   

SPAR Group Ltd. (The)

     4,320         48,017   

Standard Bank Group Ltd.

     5,986         69,221   

Truworths International Ltd.

     5,999         36,079   

Vodacom Group Ltd.

     21,215         244,104   
     

 

 

 
Total South Africa               1,625,236   
South Korea – 0.5%      

Hanwha Life Insurance Co., Ltd.

     6,520         43,868   

Industrial Bank of Korea

     6,240         94,317   

KT Corp.

     4,740         154,070   
Investments    Shares      Value  
     

KT&G Corp.

     989       $ 88,567   

SK Telecom Co., Ltd.

     711         195,395   
     

 

 

 
Total South Korea               576,217   
Spain – 4.1%      

Abertis Infraestructuras S.A.

     10,384         205,159   

ACS Actividades de Construccion y Servicios S.A.

     2,893         111,172   

Banco Bilbao Vizcaya Argentaria S.A.

     32,013         386,246   

Banco de Sabadell S.A.(a)

     24,734         73,239   

Banco Santander S.A.

     208,628         2,005,874   

CaixaBank S.A.

     67,390         410,414   

CaixaBank S.A.(a)

     741         4,510   

Ebro Foods S.A.

     1,784         33,827   

Enagas S.A.

     2,133         68,791   

Ferrovial S.A.

     8,415         163,228   

Gas Natural SDG S.A.

     9,122         268,610   

Iberdrola S.A.

     56,889         407,475   

Indra Sistemas S.A.

     2,560         35,897   

Mapfre S.A.

     37,645         133,344   

Red Electrica Corp. S.A.

     1,662         143,943   

Repsol S.A.

     11,024         261,810   

Tecnicas Reunidas S.A.

     502         26,628   

Zardoya Otis S.A.(a)

     3,336         41,383   
     

 

 

 
Total Spain               4,781,550   
Sweden – 2.4%      

Electrolux AB Series B

     3,145         83,289   

Hennes & Mauritz AB Class B

     13,305         552,806   

Nordea Bank AB

     31,080         404,863   

Sandvik AB(a)

     9,155         103,382   

Skandinaviska Enskilda Banken AB Class A

     19,159         256,219   

Skanska AB Class B

     7,962         164,909   

SKF AB Class B

     2,225         46,516   

Svenska Handelsbanken AB Class A

     5,118         241,047   

Swedbank AB Class A

     9,494         239,312   

Swedish Match AB

     1,334         43,304   

Telefonaktiebolaget LM Ericsson Class B

     23,809         302,550   

TeliaSonera AB

     45,650         316,138   
     

 

 

 
Total Sweden               2,754,335   
Switzerland – 5.1%      

ABB Ltd. Registered Shares*

     10,412         234,066   

Adecco S.A. Registered Shares*

     1,145         77,711   

Clariant AG Registered Shares*

     3,402         58,249   

Kuehne + Nagel International AG Registered Shares

     1,012         127,731   

Nestle S.A. Registered Shares

     17,550         1,290,306   

Novartis AG Registered Shares

     17,388         1,640,532   

Roche Holding AG Genusschein

     4,209         1,247,062   

STMicroelectronics N.V.(a)

     11,865         91,954   

Swiss Re AG*

     5,069         403,982   

Swisscom AG Registered Shares

     601         341,227   

Zurich Insurance Group AG*

     1,344         400,598   
     

 

 

 
Total Switzerland               5,913,418   

 

See Notes to Financial Statements.

 

46   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Global Equity Income Fund (DEW)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Taiwan – 1.4%      

Asia Cement Corp.

     92,514       $ 118,154   

Chunghwa Telecom Co., Ltd.

     93,800         282,762   

Compal Electronics, Inc.

     65,000         48,612   

Far Eastern New Century Corp.

     101,877         102,649   

Far EasTone Telecommunications Co., Ltd.

     21,000         40,247   

Formosa Chemicals & Fibre Corp.

     20,000         46,220   

Formosa Plastics Corp.

     28,000         66,365   

HTC Corp.(a)

     28,000         121,501   

Mega Financial Holding Co., Ltd.

     104,611         85,802   

Nan Ya Plastics Corp.

     65,630         143,689   

Pou Chen Corp.

     45,000         50,001   

Quanta Computer, Inc.

     61,000         154,809   

Siliconware Precision Industries Co.

     45,000         61,761   

Synnex Technology International Corp.

     62,000         85,603   

Taiwan Cement Corp.

     70,000         104,242   

Taiwan Mobile Co., Ltd.

     32,800         99,523   

United Microelectronics Corp.

     136,000         56,332   
     

 

 

 
Total Taiwan               1,668,272   
Thailand – 1.0%      

Advanced Info Service PCL

     28,900         200,540   

Banpu PCL NVDR

     109,400         99,531   

BEC World PCL NVDR

     8,060         11,683   

Charoen Pokphand Foods PCL NVDR

     96,000         89,561   

Electricity Generating PCL NVDR

     3,264         16,609   

Intouch Holdings PCL NVDR

     20,206         45,179   

Krung Thai Bank PCL NVDR

     39,800         29,091   

PTT Exploration & Production PCL NVDR

     31,700         156,422   

PTT Global Chemical PCL NVDR

     55,532         104,470   

PTT PCL NVDR

     23,600         262,020   

Ratchaburi Electricity Generating Holding PCL NVDR

     16,328         29,836   

Thai Oil PCL NVDR

     29,800         47,331   

Thai Union Frozen Products PCL NVDR

     43,471         99,209   
     

 

 

 
Total Thailand               1,191,482   
Turkey – 0.3%      

Arcelik AS

     5,805         30,924   

Tupras Turkiye Petrol Rafinerileri AS

     4,906         98,408   

Turk Telekomunikasyon AS

     60,321         158,948   
     

 

 

 
Total Turkey               288,280   
United Kingdom – 13.2%      

Anglo American PLC

     13,288         298,139   

AstraZeneca PLC

     13,771         991,559   

Aviva PLC

     27,279         231,509   

BAE Systems PLC

     36,886         281,946   

BHP Billiton PLC

     16,613         461,887   

BP PLC

     182,982         1,345,120   

British American Tobacco PLC

     15,446         871,903   

British Land Co. PLC (The)

     12,042         137,141   

British Sky Broadcasting Group PLC

     13,260         189,599   

BT Group PLC

     51,869         319,196   

Carnival PLC

     1,264         50,491   
Investments    Shares      Value  
     

Centrica PLC

     51,928       $ 259,116   

Drax Group PLC

     4,342         45,507   

Fresnillo PLC(a)

     3,094         38,120   

GlaxoSmithKline PLC

     45,618         1,044,965   

HSBC Holdings PLC

     132,213         1,341,965   

ICAP PLC(a)

     11,019         69,185   

IG Group Holdings PLC

     10,640         102,546   

Imperial Tobacco Group PLC

     8,447         364,804   

Inmarsat PLC

     8,545         97,108   

J Sainsbury PLC(a)

     19,755         80,545   

Legal & General Group PLC

     70,960         263,319   

Man Group PLC

     57,801         111,320   

Marks & Spencer Group PLC

     15,291         100,296   

National Grid PLC

     38,537         554,771   

Old Mutual PLC

     43,369         127,749   

Pearson PLC

     7,337         147,490   

Pennon Group PLC

     7,546         96,765   

Prudential PLC

     14,072         313,904   

Reckitt Benckiser Group PLC

     4,484         388,904   

Reed Elsevier PLC

     12,186         195,183   

Rexam PLC

     12,334         98,337   

Rio Tinto PLC

     9,839         483,539   

Royal Dutch Shell PLC Class B

     25,845         1,021,069   

Segro PLC

     20,160         118,670   

Severn Trent PLC

     3,393         103,246   

SSE PLC

     9,083         227,794   

Standard Chartered PLC

     15,132         279,779   

Standard Life PLC

     28,739         193,070   

Tesco PLC

     50,481         152,381   

TUI Travel PLC(a)

     19,752         124,594   

Unilever PLC

     9,014         377,747   

United Utilities Group PLC

     10,584         138,639   

Vedanta Resources PLC

     3,043         49,258   

Vodafone Group PLC

     283,614         939,792   

WM Morrison Supermarkets PLC(a)

     20,149         54,974   
     

 

 

 
Total United Kingdom               15,284,941   
United States – 19.3%      

Abbott Laboratories(a)

     8,241         342,743   

AGL Resources, Inc.(a)

     1,890         97,033   

Altria Group, Inc.(a)

     17,985         826,231   

Ameren Corp.(a)

     3,000         114,990   

American Electric Power Co., Inc.

     5,368         280,263   

AT&T, Inc.(a)

     52,704         1,857,289   

Bristol-Myers Squibb Co.(a)

     10,334         528,894   

CA, Inc.(a)

     1,462         40,848   

Cablevision Systems Corp. Class A(a)

     3,381         59,201   

CenterPoint Energy, Inc.(a)

     2,550         62,399   

CenturyLink, Inc.(a)

     9,389         383,916   

Cincinnati Financial Corp.(a)

     2,037         95,841   

Cliffs Natural Resources, Inc.(a)

     4,681         48,589   

ConocoPhillips(a)

     11,587         886,637   

Consolidated Edison, Inc.(a)

     2,675         151,566   

Diamond Offshore Drilling, Inc.(a)

     1,564         53,598   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      47   


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Global Equity Income Fund (DEW)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Diebold, Inc.(a)

     925       $ 32,671   

Digital Realty Trust, Inc.(a)

     906         56,516   

Dominion Resources, Inc.(a)

     4,057         280,298   

Dow Chemical Co. (The)(a)

     7,613         399,226   

DTE Energy Co.

     1,489         113,283   

Duke Energy Corp.(a)

     5,622         420,357   

Eli Lilly & Co.

     8,981         582,418   

Entergy Corp.(a)

     2,179         168,502   

Exelon Corp.(a)

     7,784         265,357   

First Niagara Financial Group, Inc.(a)

     5,059         42,141   

FirstEnergy Corp.(a)

     5,557         186,549   

Freeport-McMoRan, Inc.

     8,414         274,717   

Frontier Communications Corp.(a)

     19,890         129,484   

Great Plains Energy, Inc.(a)

     3,285         79,398   

Hancock Holding Co.(a)

     2,609         83,618   

Hawaiian Electric Industries, Inc.(a)

     2,503         66,455   

HCP, Inc.

     4,742         188,305   

Health Care REIT, Inc.(a)

     2,922         182,245   

Hospitality Properties Trust

     3,885         104,312   

Integrys Energy Group, Inc.(a)

     1,569         101,703   

Intel Corp.(a)

     31,440         1,094,741   

Kimberly-Clark Corp.(a)

     1,443         155,224   

Kimco Realty Corp.(a)

     5,542         121,425   

Kinder Morgan, Inc.

     5,647         216,506   

Leggett & Platt, Inc.(a)

     3,505         122,395   

Liberty Property Trust

     2,934         97,585   

Lockheed Martin Corp.(a)

     3,063         559,855   

Lorillard, Inc.

     3,734         223,704   

Macerich Co. (The)

     1,747         111,511   

Merck & Co., Inc.(a)

     20,996         1,244,643   

New York Community Bancorp, Inc.(a)

     6,710         106,488   

Newmont Mining Corp.(a)

     5,646         130,140   

NextEra Energy, Inc.(a)

     1,361         127,771   

Northeast Utilities(a)

     1,155         51,167   

Nucor Corp.(a)

     3,312         179,775   

Old Republic International Corp.

     3,961         56,563   

Paychex, Inc.(a)

     5,054         223,387   

Pepco Holdings, Inc.(a)

     3,303         88,388   

Pfizer, Inc.

     45,275         1,338,782   

PG&E Corp.(a)

     3,387         152,550   

Philip Morris International, Inc.

     10,319         860,605   

Piedmont Natural Gas Co., Inc.(a)

     1,348         45,198   

Pinnacle West Capital Corp.(a)

     1,302         71,141   

Pitney Bowes, Inc.(a)

     3,038         75,920   

Plum Creek Timber Co., Inc.(a)

     2,934         114,455   

PPL Corp.(a)

     5,482         180,029   

Prudential Financial, Inc.(a)

     2,111         185,641   

Public Service Enterprise Group, Inc.(a)

     4,260         158,642   

R.R. Donnelley & Sons Co.(a)

     3,278         53,956   

Reynolds American, Inc.(a)

     6,469         381,671   

Safeway, Inc.(a)

     1,157         39,685   

SCANA Corp.(a)

     2,092         103,784   

Senior Housing Properties Trust(a)

     4,770         99,788   
Investments    Shares      Value  
     

Southern Co. (The)(a)

     6,777       $ 295,816   

Southern Copper Corp.(a)

     6,477         192,043   

Spectra Energy Corp.(a)

     5,756         225,981   

Sysco Corp.(a)

     4,636         175,936   

TECO Energy, Inc.(a)

     6,218         108,069   

Thomson Reuters Corp.

     8,336         304,334   

Ventas, Inc.(a)

     1,771         109,713   

Verizon Communications, Inc.

     37,048         1,852,030   

Vornado Realty Trust

     1,257         125,650   

Waste Management, Inc.(a)

     3,877         184,274   

Williams Cos., Inc. (The)(a)

     4,416         244,426   

Windstream Holdings, Inc.

     10,795         116,370   

Xcel Energy, Inc.(a)

     2,886         87,734   
     

 

 

 
Total United States               22,383,084   

TOTAL COMMON STOCKS

(Cost: $96,888,076)

              115,470,812   
EXCHANGE-TRADED FUNDS – 0.1%      
United States – 0.1%   

WisdomTree DEFA Equity Income Fund(c)

     2,653         120,632   

WisdomTree Equity Income Fund(c)

     685         40,634   

 

 

TOTAL EXCHANGE-TRADED FUNDS

(Cost: $164,882)

              161,266   
RIGHTS – 0.0%      
Spain – 0.0%      

Banco Bilbao Vizcaya Argentaria S.A., expiring 10/13/14*(a)

     
(Cost: $3,249)      32,013         3,195   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 16.3%      
United States – 16.3%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(d)

     
(Cost: $18,927,223)(e)      18,927,223         18,927,223   

TOTAL INVESTMENTS IN SECURITIES – 115.9%

(Cost: $115,983,430)

  

  

     134,562,496   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (15.9)%

        (18,472,728
     

 

 

 
NET ASSETS – 100.0%             $ 116,089,768   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(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) 

Affiliated company (See Note 8).

 

(d) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(e) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $20,533,748 and the total market value of the collateral held by the Fund was $21,263,778. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $2,336,555.

ADR – American Depositary Receipt

CVA – Certificaten Van Aandelen (Certificate of Stock)

GDR – Global Depositary Receipt

NVDR – Non-Voting Depositary Receipt

 

Reg S – Regulation S provides an exclusion from the registration requirements of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers.

 

See Notes to Financial Statements.

 

48   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Global ex-U.S. Dividend Growth Fund (DNL)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.4%      
Australia – 1.5%      

Ansell Ltd.

     2,293       $ 39,026   

CSL Ltd.

     6,536         424,203   

Orica Ltd.

     14,912         246,621   

REA Group Ltd.

     1,906         72,184   

Seek Ltd.

     7,937         112,583   

TPG Telecom Ltd.

     16,089         96,298   
     

 

 

 
Total Australia               990,915   
Austria – 0.6%      

Andritz AG

     2,170         115,736   

OMV AG

     8,390         282,401   
     

 

 

 
Total Austria               398,137   
Brazil – 4.6%      

AMBEV S.A.

     161,067         1,054,668   

CCR S.A.

     47,352         324,366   

Cia de Saneamento Basico do Estado de Sao Paulo

     5,524         44,605   

Cia Hering

     5,749         58,203   

Cielo S.A.

     40,121         655,144   

Duratex S.A.

     11,796         43,532   

EcoRodovias Infraestrutura e Logistica S.A.

     7,149         35,196   

Estacio Participacoes S.A.

     650         6,750   

Localiza Rent a Car S.A.

     1,547         22,413   

Lojas Americanas S.A.

     2,031         9,535   

Lojas Renner S.A.

     2,925         84,875   

M. Dias Branco S.A.

     988         39,373   

Marisa Lojas S.A.

     1,733         11,022   

Mills Estruturas e Servicos de Engenharia S.A.

     650         4,750   

Raia Drogasil S.A.

     612         5,232   

Souza Cruz S.A.

     35,528         285,721   

Ultrapar Participacoes S.A.

     9,749         206,195   

WEG S.A.

     13,236         154,373   
     

 

 

 
Total Brazil               3,045,953   
Canada – 3.6%      

Agrium, Inc.(a)

     2,063         183,788   

Alimentation Couche-Tard, Inc. Class B

     1,141         36,561   

Canadian National Railway Co.

     10,615         755,222   

Canadian Pacific Railway Ltd.(a)

     1,516         315,300   

Eldorado Gold Corp.

     9,640         65,126   

Ensign Energy Services, Inc.

     2,816         37,066   

Gildan Activewear, Inc.

     650         35,637   

MacDonald Dettwiler & Associates Ltd.

     758         56,805   

Potash Corp. of Saskatchewan, Inc.(a)

     13,648         473,598   

Ritchie Bros Auctioneers, Inc.(a)

     1,841         41,365   

Saputo, Inc.

     3,466         97,168   

ShawCor Ltd.

     650         32,862   

Silver Wheaton Corp.

     5,524         110,426   

Tim Hortons, Inc.

     1,950         153,882   
     

 

 

 
Total Canada               2,394,806   
Chile – 0.2%      

S.A.C.I. Falabella

     20,107         151,921   
Investments    Shares      Value  
China – 3.5%      

Air China Ltd. Class H

     36,000       $ 22,763   

Anhui Conch Cement Co., Ltd. Class H(a)

     19,000         60,682   

China Everbright International Ltd.

     30,000         39,716   

China International Marine Containers Group Co., Ltd. Class H

     26,300         54,259   

China Overseas Grand Oceans Group Ltd.(a)

     19,000         10,766   

China Overseas Land & Investment Ltd.

     126,000         324,205   

China Resources Enterprise Ltd.(a)

     12,000         28,404   

Far East Horizon Ltd.

     127,000         113,669   

Franshion Properties China Ltd.

     198,000         48,193   

Great Wall Motor Co., Ltd. Class H(a)

     16,000         62,124   

Lenovo Group Ltd.(a)

     166,000         247,126   

PetroChina Co., Ltd. Class H

     700,000         896,962   

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

     25,500         191,453   

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

     32,000         31,649   

Tsingtao Brewery Co., Ltd. Class H(a)

     2,000         14,243   

Wumart Stores, Inc. Class H(a)

     8,250         7,713   

Yuexiu Property Co., Ltd.(a)

     416,000         73,931   

Zhuzhou CSR Times Electric Co., Ltd. Class H

     18,000         69,542   
     

 

 

 
Total China               2,297,400   
Denmark – 3.6%      

Coloplast A/S Class B

     2,183         183,007   

GN Store Nord A/S

     686         15,134   

Novo Nordisk A/S Class B

     42,989         2,057,274   

Novozymes A/S Class B

     2,647         114,860   
     

 

 

 
Total Denmark               2,370,275   
Finland – 1.2%      

Kone Oyj Class B(a)

     10,638         427,612   

Nokian Renkaat Oyj

     4,761         143,622   

Wartsila Oyj Abp

     4,179         187,039   
     

 

 

 
Total Finland               758,273   
France – 1.2%      

Bureau Veritas S.A.

     6,899         152,472   

Hermes International(a)

     761         227,595   

Iliad S.A.

     83         17,573   

JCDecaux S.A.

     3,525         111,301   

SEB S.A.

     752         56,732   

Technip S.A.

     1,605         135,053   

Vallourec S.A.

     1,818         83,619   
     

 

 

 
Total France               784,345   
Germany – 4.4%      

CTS Eventim AG & Co. KGaA

     1,267         35,804   

Fielmann AG

     1,618         99,325   

Hugo Boss AG

     2,011         251,398   

Infineon Technologies AG

     14,339         148,406   

MTU Aero Engines AG

     574         49,017   

SAP SE

     13,896         1,002,340   

Symrise AG

     2,083         110,964   

United Internet AG Registered Shares

     2,136         90,919   

Volkswagen AG

     4,951         1,027,590   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      49   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Global ex-U.S. Dividend Growth Fund (DNL)

September 30, 2014

 

  

 

 

Investments    Shares      Value  

Wacker Chemie AG

     396       $ 47,929   

Wirecard AG

     657         24,280   
     

 

 

 
Total Germany               2,887,972   
Hong Kong – 3.4%      

Hang Seng Bank Ltd.

     67,200         1,079,167   

Hong Kong & China Gas Co., Ltd.

     149,088         323,324   

Hongkong & Shanghai Hotels (The)

     13,500         19,715   

Hysan Development Co., Ltd.

     24,000         110,958   

SJM Holdings Ltd.

     128,536         244,985   

Techtronic Industries Co.

     13,000         37,585   

Wharf Holdings Ltd. (The)

     57,000         405,198   
     

 

 

 
Total Hong Kong               2,220,932   
India – 0.7%      

Infosys Ltd. ADR(a)

     6,165         372,921   

Tata Motors Ltd. ADR(a)

     1,950         85,234   
     

 

 

 
Total India               458,155   
Indonesia – 5.8%      

AKR Corporindo Tbk PT

     36,800         16,460   

Alam Sutera Realty Tbk PT

     118,600         4,429   

Astra International Tbk PT

     1,009,096         583,843   

Bank Central Asia Tbk PT

     211,800         227,270   

Bank Mandiri Persero Tbk PT

     379,101         313,455   

Bank Rakyat Indonesia Persero Tbk PT

     545,989         467,126   

Bumi Serpong Damai Tbk PT

     74,200         9,408   

Charoen Pokphand Indonesia Tbk PT

     71,453         24,863   

Ciputra Development Tbk PT

     68,800         5,731   

Global Mediacom Tbk PT

     74,200         11,844   

Gudang Garam Tbk PT

     20,600         95,815   

Indocement Tunggal Prakarsa Tbk PT

     63,400         112,127   

Indofood CBP Sukses Makmur Tbk PT

     48,200         44,897   

Japfa Comfeed Indonesia Tbk PT

     46,000         4,643   

Jasa Marga Persero Tbk PT

     87,201         46,159   

Kalbe Farma Tbk PT

     581,700         81,156   

Lippo Karawaci Tbk PT

     92,600         7,144   

Mayora Indah Tbk PT

     2,430         6,083   

Media Nusantara Citra Tbk PT

     119,700         31,386   

Perusahaan Gas Negara Persero Tbk PT

     715,400         352,269   

Semen Indonesia Persero Tbk PT

     192,800         244,066   

Summarecon Agung Tbk PT

     107,200         10,733   

Surya Citra Media Tbk PT

     212,300         66,643   

Telekomunikasi Indonesia Persero Tbk PT

     2,669,500         638,621   

Unilever Indonesia Tbk PT

     85,600         223,396   

United Tractors Tbk PT

     105,500         172,298   
     

 

 

 
Total Indonesia               3,801,865   
Ireland – 0.1%      

Dragon Oil PLC

     9,052         90,336   
Italy – 0.2%      

DiaSorin SpA

     643         24,141   

Salvatore Ferragamo SpA

     1,649         45,307   

Tod’s SpA(a)

     531         52,623   
     

 

 

 
Total Italy               122,071   
Investments    Shares      Value  
Japan – 3.9%      

Dena Co., Ltd.(a)

     2,600       $ 33,064   

Fast Retailing Co., Ltd.

     600         200,766   

Fuji Heavy Industries Ltd.

     3,800         125,610   

Idemitsu Kosan Co., Ltd.

     3,100         65,790   

Japan Tobacco, Inc.

     20,100         653,600   

JGC Corp.

     2,000         54,588   

Kakaku.com, Inc.

     900         12,783   

KDDI Corp.(a)

     12,200         733,257   

Komatsu Ltd.

     14,000         323,725   

Nippon Shokubai Co., Ltd.(a)

     3,000         33,365   

Nitto Denko Corp.

     1,900         104,184   

Otsuka Corp.(a)

     1,600         63,594   

Sanrio Co., Ltd.(a)

     600         17,394   

SCSK Corp.

     1,900         51,044   

Sysmex Corp.

     1,100         44,223   

Unicharm Corp.

     1,500         34,192   

Wacom Co., Ltd.(a)

     1,600         6,914   
     

 

 

 
Total Japan               2,558,093   
Malaysia – 0.4%      

AirAsia Bhd

     38,800         29,924   

Bumi Armada Bhd

     41,200         23,862   

Dialog Group Bhd

     37,776         19,806   

Kuala Lumpur Kepong Bhd

     17,400         111,810   

Nestle (Malaysia) Bhd

     4,200         85,011   
     

 

 

 
Total Malaysia               270,413   
Mexico – 2.7%      

Arca Continental S.A.B. de C.V.(a)

     13,540         92,843   

Controladora Comercial Mexicana S.A.B. de C.V.

     1,841         6,880   

El Puerto de Liverpool S.A.B. de C.V. Class C1(a)

     4,766         55,012   

Fomento Economico Mexicano S.A.B. de C.V.

     29,246         269,219   

Grupo Bimbo S.A.B. de C.V. Series A

     11,525         33,416   

Grupo Mexico S.A.B. de C.V. Series B(a)

     192,560         644,770   

Kimberly-Clark de Mexico S.A.B. de C.V. Class A(a)

     51,126         120,675   

Wal-Mart de Mexico S.A.B. de C.V. Series V(a)

     208,727         524,838   
     

 

 

 
Total Mexico               1,747,653   
Netherlands – 2.8%      

Arcadis N.V.

     1,272         42,124   

ASML Holding N.V.

     2,758         274,612   

Gemalto N.V.

     428         39,296   

Heineken Holding N.V.

     3,186         210,774   

Koninklijke Vopak N.V.(a)

     1,808         97,582   

Unilever N.V. CVA

     30,150         1,200,883   
     

 

 

 
Total Netherlands               1,865,271   
Norway – 0.2%      

Akastor ASA

     9,407         37,861   

Aker Solutions ASA*(b)

     9,407         93,737   
     

 

 

 
Total Norway               131,598   
Philippines – 0.7%      

Ayala Land, Inc.

     94,100         73,284   

International Container Terminal Services, Inc.

     19,610         48,241   

 

See Notes to Financial Statements.

 

50   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Global ex-U.S. Dividend Growth Fund (DNL)

September 30, 2014

 

  

 

 

Investments    Shares      Value  

Jollibee Foods Corp.

     7,250       $ 31,664   

Petron Corp.

     33,100         8,688   

Semirara Mining and Power Co.

     38,990         106,864   

SM Prime Holdings, Inc.

     235,600         91,767   

Universal Robina Corp.

     23,960         99,839   
     

 

 

 
Total Philippines               460,347   
Portugal – 0.4%      

Galp Energia, SGPS, S.A.

     11,647         189,357   

Jeronimo Martins, SGPS, S.A.

     5,480         60,352   
     

 

 

 
Total Portugal               249,709   
Russia – 5.8%      

Magnit OJSC GDR Reg S

     2,271         131,173   

MegaFon OAO GDR Reg S

     30,571         775,892   

MMC Norilsk Nickel OJSC ADR

     115,318         2,150,681   

NovaTek OAO GDR Reg S

     4,399         458,376   

Uralkali OJSC GDR Reg S

     18,502         328,410   
     

 

 

 
Total Russia               3,844,532   
Singapore – 1.0%      

CapitaLand Ltd.

     22,000         55,203   

Keppel Land Ltd.

     52,000         142,712   

M1 Ltd.

     38,000         106,077   

Sembcorp Marine Ltd.(a)

     58,000         170,093   

Singapore Exchange Ltd.

     34,000         192,755   

Super Group Ltd.(a)

     11,000         10,997   
     

 

 

 
Total Singapore               677,837   
South Africa – 3.8%      

Bidvest Group Ltd. (The)

     7,273         183,978   

Capitec Bank Holdings Ltd.

     2,262         48,971   

Foschini Group Ltd. (The)

     8,812         91,409   

Imperial Holdings Ltd.

     5,753         88,574   

Life Healthcare Group Holdings Ltd.

     27,769         109,471   

Massmart Holdings Ltd.

     2,395         26,021   

Mr. Price Group Ltd.

     5,838         109,715   

MTN Group Ltd.

     67,980         1,433,938   

Shoprite Holdings Ltd.

     5,344         66,205   

SPAR Group Ltd. (The)

     3,299         36,668   

Tiger Brands Ltd.

     2,920         81,522   

Truworths International Ltd.

     14,744         88,673   

Woolworths Holdings Ltd.

     19,586         121,192   
     

 

 

 
Total South Africa               2,486,337   
South Korea – 0.5%      

Coway Co., Ltd.

     1,229         98,180   

Kangwon Land, Inc.

     3,845         130,626   

KEPCO Plant Service & Engineering Co., Ltd.

     882         69,875   
     

 

 

 
Total South Korea               298,681   
Spain – 2.3%      

Distribuidora Internacional de Alimentacion S.A.

     5,781         41,509   

Inditex S.A.

     48,152         1,330,613   

Prosegur Cia de Seguridad S.A.

     11,611         72,165   

Viscofan S.A.

     679         37,226   
     

 

 

 
Total Spain               1,481,513   
Investments    Shares      Value  
Sweden – 6.1%      

Atlas Copco AB Class A

     21,448       $ 615,912   

Atlas Copco AB Class B

     10,952         284,724   

Boliden AB

     9,992         162,319   

Elekta AB Class B(a)

     3,352         33,086   

Hennes & Mauritz AB Class B

     52,266         2,171,587   

SKF AB Class B

     10,273         214,769   

Volvo AB Class A(a)

     16,241         180,020   

Volvo AB Class B

     35,115         382,161   
     

 

 

 
Total Sweden               4,044,578   
Switzerland – 10.3%      

Aryzta AG*

     530         45,678   

Cie Financiere Richemont S.A. Registered Shares

     2,835         232,467   

Geberit AG Registered Shares

     427         137,999   

Partners Group Holding AG

     382         100,547   

Roche Holding AG Bearer Shares

     3,937         1,141,339   

Roche Holding AG Genusschein

     13,688         4,055,544   

Schindler Holding AG Participating Shares

     470         63,749   

Schindler Holding AG Registered Shares

     1,004         133,867   

Sonova Holding AG Registered Shares

     712         113,711   

Swatch Group AG (The) Bearer Shares

     301         143,050   

Syngenta AG Registered Shares

     1,861         592,676   
     

 

 

 
Total Switzerland               6,760,627   
Taiwan – 3.8%      

Largan Precision Co., Ltd.

     2,000         143,329   

President Chain Store Corp.

     14,000         100,330   

Taiwan Semiconductor Manufacturing Co., Ltd.

     576,000         2,272,227   
     

 

 

 
Total Taiwan               2,515,886   
Thailand – 3.3%      

Advanced Info Service PCL NVDR

     110,745         768,470   

Central Pattana PCL NVDR

     97,950         140,468   

CP ALL PCL

     170,156         234,834   

Home Product Center PCL NVDR

     300,902         96,511   

Indorama Ventures PCL

     129,825         102,098   

Intouch Holdings PCL NVDR

     71,253         159,317   

Jasmine International PCL NVDR

     233,546         48,258   

Minor International PCL NVDR

     132,927         151,682   

Robinson Department Store PCL NVDR

     50,617         82,345   

Siam Cement PCL (The) NVDR

     17,100         237,317   

Thai Union Frozen Products PCL NVDR

     64,030         146,129   
     

 

 

 
Total Thailand               2,167,429   
Turkey – 0.6%      

Anadolu Efes Biracilik ve Malt Sanayii AS

     6,019         69,405   

Aselsan Elektronik Sanayi ve Ticaret AS

     6,758         27,259   

BIM Birlesik Magazalar AS

     3,570         74,584   

Coca-Cola Icecek AS

     782         16,852   

Koza Altin Isletmeleri AS

     3,811         28,322   

TAV Havalimanlari Holding AS

     10,244         82,193   

Turk Hava Yollari

     18,358         52,077   

Ulker Biskuvi Sanayi AS

     6,520         43,165   
     

 

 

 
Total Turkey               393,857   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      51   


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Global ex-U.S. Dividend Growth Fund (DNL)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
United Kingdom – 15.2%      

Admiral Group PLC

     7,478       $ 155,538   

AMEC PLC

     9,095         162,778   

ARM Holdings PLC

     6,647         97,629   

Aveva Group PLC

     566         14,121   

Berkeley Group Holdings PLC

     682         24,877   

BG Group PLC

     39,710         733,885   

British American Tobacco PLC

     44,933         2,536,398   

Burberry Group PLC

     6,631         162,430   

Capita PLC

     13,521         255,144   

Compass Group PLC

     36,881         595,804   

Croda International PLC

     2,822         93,922   

Diageo PLC

     35,310         1,021,784   

Dunelm Group PLC

     2,304         30,815   

Fresnillo PLC

     21,857         269,294   

Hargreaves Lansdown PLC

     6,589         100,943   

Hikma Pharmaceuticals PLC

     1,611         45,260   

InterContinental Hotels Group PLC

     4,939         190,483   

Intertek Group PLC

     1,928         81,921   

ITV PLC

     63,165         212,787   

John Wood Group PLC

     4,023         49,534   

Next PLC

     2,693         288,358   

Reckitt Benckiser Group PLC

     12,397         1,075,211   

Rotork PLC

     1,079         48,366   

Smiths Group PLC

     9,597         196,655   

Spirax-Sarco Engineering PLC

     1,184         54,243   

TalkTalk Telecom Group PLC

     31,684         153,580   

Taylor Wimpey PLC

     14,859         27,172   

Unilever PLC

     23,715         993,818   

Victrex PLC

     2,008         52,280   

Weir Group PLC (The)

     2,909         117,993   

Whitbread PLC

     2,852         192,061   
     

 

 

 
Total United Kingdom               10,035,084   

TOTAL COMMON STOCKS

(Cost: $60,400,339)

              64,762,801   
EXCHANGE-TRADED FUNDS & NOTES – 1.2%      
United States – 1.2%      

iPath MSCI India Index ETN*

     11,381         798,946   

WisdomTree DEFA Fund(c)

     486         25,399   

WisdomTree Emerging Markets Equity Income Fund(c)

     350         16,723   

 

 

TOTAL EXCHANGE-TRADED FUNDS & NOTES

(Cost: $667,981)

              841,068   
RIGHTS – 0.0%      
China – 0.0%      
Yuexiu Property Co., Ltd., expiring 10/14/14* (Cost $0)      137,280         2,121   
WARRANTS – 0.0%      
Thailand – 0.0%      

Indorama Ventures PCL, expiring 8/24/17*

     15,043         1,921   

Indorama Ventures PCL, expiring 8/24/18*

     11,571         1,120   

 

 

TOTAL WARRANTS

(Cost: $0)

              3,041   
Investments    Shares      Value  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 7.4%      
United States – 7.4%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(d)

     
(Cost: $4,845,506)(e)      4,845,506       $ 4,845,506   

TOTAL INVESTMENTS IN SECURITIES – 107.0%

(Cost: $65,913,826)

  

  

     70,454,537   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (7.0)%

        (4,626,312
     

 

 

 
NET ASSETS – 100.0%             $ 65,828,225   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(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) 

Affiliated company (See Note 8).

 

(d) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(e) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $4,650,243 and the total market value of the collateral held by the Fund was $4,888,537. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $43,031.

ADR – American Depositary Receipt

CVA – Certificaten Van Aandelen (Certificate of Stock)

ETN – Exchange Traded Note

GDR – Global Depositary Receipt

NVDR – Non-Voting Depositary Receipt

 

Reg S – Regulation S provides an exclusion from the registration requirements of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers.

 

See Notes to Financial Statements.

 

52   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Global ex-U.S. Real Estate Fund (DRW)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.5%      
Australia – 14.7%      

Abacus Property Group

     141,515       $ 317,011   

BWP Trust

     136,611         285,704   

CFS Retail Property Trust Group

     803,662         1,402,972   

Charter Hall Group

     65,745         235,298   

Charter Hall Retail REIT

     82,862         275,532   

Cromwell Property Group

     411,749         342,286   

Dexus Property Group

     1,295,991         1,258,803   

Federation Centres

     322,995         729,203   

Goodman Group

     257,382         1,164,398   

GPT Group (The)

     389,019         1,317,391   

Investa Office Fund

     144,916         424,809   

Lend Lease Group

     124,499         1,562,240   

Mirvac Group

     594,049         894,095   

Scentre Group*

     760,981         2,184,140   

Stockland

     632,971         2,187,831   

Westfield Corp.

     431,286         2,811,606   
     

 

 

 
Total Australia               17,393,319   
Belgium – 0.9%      

Befimmo S.A.

     6,140         455,996   

Cofinimmo S.A.

     5,377         609,287   
     

 

 

 
Total Belgium               1,065,283   
Brazil – 1.2%      

Aliansce Shopping Centers S.A.

     11,666         88,105   

BR Malls Participacoes S.A.

     48,492         382,654   

BR Properties S.A.

     39,953         212,030   

Iguatemi Empresa de Shopping Centers S.A.

     14,733         149,219   

JHSF Participacoes S.A.

     61,898         90,714   

LPS Brasil Consultoria de Imoveis S.A.

     9,773         43,527   

Multiplan Empreendimentos Imobiliarios S.A.

     17,030         348,442   

Sao Carlos Empreendimentos e Participacoes S.A.

     6,461         94,689   
     

 

 

 
Total Brazil               1,409,380   
Canada – 9.1%      

Allied Properties Real Estate Investment Trust

     10,600         324,199   

Artis Real Estate Investment Trust

     34,191         468,403   

Boardwalk Real Estate Investment Trust

     7,162         441,557   

Brookfield Asset Management, Inc. Class A

     42,698         1,921,038   

Brookfield Canada Office Properties

     14,531         353,149   

Calloway Real Estate Investment Trust

     27,701         637,528   

Canadian Apartment Properties REIT

     19,614         414,026   

Canadian Real Estate Investment Trust

     12,043         522,756   

Chartwell Retirement Residences

     41,030         402,388   

Cominar Real Estate Investment Trust

     36,521         617,643   

Dream Office Real Estate Investment Trust

     27,401         685,546   

First Capital Realty, Inc.(a)

     36,732         575,524   

Granite Real Estate Investment Trust

     10,368         357,367   

H&R Real Estate Investment Trust

     51,017         997,926   

Morguard Real Estate Investment Trust

     16,667         276,503   

Northern Property Real Estate Investment Trust

     7,192         180,966   

RioCan Real Estate Investment Trust

     66,447         1,526,280   
     

 

 

 
Total Canada               10,702,799   
Investments    Shares      Value  
Chile – 0.1%      

Parque Arauco S.A.

     72,138       $ 137,979   
China – 3.1%      

China Overseas Grand Oceans Group Ltd.(a)

     82,300         46,634   

China Overseas Land & Investment Ltd.(a)

     622,049         1,600,564   

China South City Holdings Ltd.

     1,140,000         527,051   

Franshion Properties China Ltd.(a)

     1,054,000         256,540   

Shenzhen Investment Ltd.

     974,000         273,444   

Sino-Ocean Land Holdings Ltd.(a)

     1,315,200         692,736   

Yuexiu Property Co., Ltd.

     1,684,000         299,278   
     

 

 

 
Total China               3,696,247   
Finland – 0.2%      

Sponda Oyj

     59,589         269,487   
France – 9.3%      

Fonciere Des Regions

     17,042         1,536,044   

Gecina S.A.

     12,670         1,660,558   

ICADE

     12,309         1,038,230   

Klepierre

     38,949         1,705,844   

Mercialys S.A.

     22,834         498,010   

Unibail-Rodamco SE

     17,667         4,546,143   
     

 

 

 
Total France               10,984,829   
Germany – 1.0%      

Deutsche Euroshop AG

     9,371         405,626   

Deutsche Wohnen AG Bearer Shares

     29,682         634,429   

TAG Immobilien AG(a)

     15,536         176,044   
     

 

 

 
Total Germany               1,216,099   
Hong Kong – 23.4%      

Champion REIT

     1,329,000         554,527   

Cheung Kong Holdings Ltd.

     276,073         4,547,235   

Hang Lung Group Ltd.

     100,649         498,378   

Hang Lung Properties Ltd.

     485,283         1,381,148   

Henderson Land Development Co., Ltd.(a)

     247,037         1,600,232   

Hui Xian Real Estate Investment Trust

     1,110,634         625,913   

Hysan Development Co., Ltd.

     121,115         559,945   

Kowloon Development Co., Ltd.

     268,398         310,736   

Link REIT (The)

     335,946         1,936,045   

New World Development Co., Ltd.

     956,242         1,113,241   

Regal Real Estate Investment Trust

     693,000         182,061   

Sino Land Co., Ltd.

     1,039,735         1,606,782   

Sun Hung Kai Properties Ltd.

     352,810         5,002,432   

Swire Pacific Ltd. Class A

     131,778         1,697,055   

Swire Pacific Ltd. Class B

     480,798         1,159,102   

Swire Properties Ltd.

     590,741         1,841,049   

Wharf Holdings Ltd. (The)

     284,872         2,025,078   

Wheelock & Co., Ltd.

     176,231         841,994   

Yuexiu Real Estate Investment Trust

     379,000         180,590   
     

 

 

 
Total Hong Kong               27,663,543   
Indonesia – 0.2%      

Bumi Serpong Damai Tbk PT

     672,124         85,222   

Ciputra Development Tbk PT

     587,617         48,948   

Lippo Karawaci Tbk PT

     482,900         37,253   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      53   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Global ex-U.S. Real Estate Fund (DRW)

September 30, 2014

 

  

 

 

Investments    Shares      Value  

Summarecon Agung Tbk PT

     639,900       $ 64,069   
     

 

 

 
Total Indonesia               235,492   
Israel – 0.6%      

Azrieli Group

     11,582         397,645   

Gazit-Globe Ltd.

     27,729         345,813   
     

 

 

 
Total Israel               743,458   
Italy – 0.2%      

Beni Stabili SpA(a)

     367,072         258,747   
Japan – 4.1%      

Aeon Mall Co., Ltd.

     9,030         172,294   

Daito Trust Construction Co., Ltd.(a)

     11,500         1,358,152   

Daiwa House Industry Co., Ltd.(a)

     45,800         821,473   

Mitsubishi Estate Co., Ltd.(a)

     30,589         688,354   

Mitsui Fudosan Co., Ltd.

     29,308         897,582   

Nomura Real Estate Holdings, Inc.

     12,365         212,367   

Sumitomo Real Estate Sales Co., Ltd.

     4,080         93,952   

Sumitomo Realty & Development Co., Ltd.(a)

     11,279         401,261   

Tokyo Tatemono Co., Ltd.

     12,000         97,033   

Tokyu Fudosan Holdings Corp.

     14,168         97,127   
     

 

 

 
Total Japan               4,839,595   
Malaysia – 1.7%      

CapitaMalls Malaysia Trust

     328,536         143,212   

IGB Corp. Bhd

     215,200         188,271   

KLCCP Stapled Group

     141,647         286,705   

Mah Sing Group Bhd

     202,680         150,133   

Pavilion Real Estate Investment Trust

     523,000         232,763   

SP Setia Bhd Group

     428,355         449,182   

Sunway Bhd

     90,000         94,376   

Sunway Real Estate Investment Trust

     654,496         305,252   

UOA Development Bhd

     216,200         139,059   
     

 

 

 
Total Malaysia               1,988,953   
Mexico – 0.4%      

Fibra Uno Administracion S.A. de C.V.

     140,252         461,685   
Netherlands – 2.3%      

Corio N.V.

     35,475         1,739,895   

Eurocommercial Properties N.V. CVA

     12,373         545,025   

Wereldhave N.V.

     5,823         479,605   
     

 

 

 
Total Netherlands               2,764,525   
New Zealand – 0.2%      

Goodman Property Trust

     273,185         225,710   
Philippines – 1.1%      

Ayala Land, Inc.

     585,200         455,746   

Robinsons Land Corp.

     399,200         216,601   

SM Prime Holdings, Inc.

     1,443,175         562,124   
     

 

 

 
Total Philippines               1,234,471   
Russia – 0.2%      

LSR Group OJSC GDR Reg S

     61,941         226,704   
Singapore – 10.1%      

Ascendas Real Estate Investment Trust

     481,901         850,213   

Ascott Residence Trust

     308,373         298,628   
Investments    Shares      Value  

CapitaCommercial Trust(a)

     672,635       $ 841,255   

CapitaLand Ltd.(a)

     396,589         995,127   

CapitaMall Trust

     719,786         1,078,014   

CDL Hospitality Trusts(a)

     280,432         367,225   

City Developments Ltd.

     44,103         332,683   

Far East Hospitality Trust

     310,000         198,110   

Fortune Real Estate Investment Trust

     651,000         574,281   

Fragrance Group Ltd.

     360,616         63,623   

Frasers Centrepoint Trust

     229,000         338,481   

Global Logistic Properties Ltd.

     229,000         486,623   

GuocoLand Ltd.

     159,000         255,587   

Keppel Land Ltd.

     243,168         667,363   

Keppel REIT(a)

     782,000         729,695   

Mapletree Commercial Trust

     423,490         468,220   

Mapletree Industrial Trust

     475,018         528,915   

Mapletree Logistics Trust

     700,187         634,138   

Parkway Life Real Estate Investment Trust

     92,000         166,643   

Starhill Global REIT

     431,184         267,102   

Suntec Real Estate Investment Trust(a)

     565,828         780,881   

UOL Group Ltd.

     95,000         492,394   

Wheelock Properties Singapore Ltd.

     201,000         283,698   

Wing Tai Holdings Ltd.

     129,198         178,809   
     

 

 

 
Total Singapore               11,877,708   
South Africa – 2.6%      

Capital Property Fund

     471,503         502,458   

Growthpoint Properties Ltd.

     427,675         932,703   

Hyprop Investments Ltd.

     50,618         388,744   

Redefine Properties Ltd.

     891,126         766,645   

Resilient Property Income Fund Ltd.

     78,357         505,862   
     

 

 

 
Total South Africa               3,096,412   
Sweden – 1.4%      

Atrium Ljungberg AB Class B

     18,199         261,306   

Castellum AB

     35,626         542,664   

Fabege AB

     36,076         459,683   

Hufvudstaden AB Class A

     31,515         393,041   
     

 

 

 
Total Sweden               1,656,694   
Switzerland – 1.5%      

Allreal Holding AG Registered Shares*

     2,467         319,122   

PSP Swiss Property AG Registered Shares*

     6,951         583,433   

Swiss Prime Site AG Registered Shares*

     11,957         887,233   
     

 

 

 
Total Switzerland               1,789,788   
Taiwan – 1.0%      

Cathay Real Estate Development Co., Ltd.

     246,000         128,582   

Farglory Land Development Co., Ltd.

     342,291         403,397   

Highwealth Construction Corp.

     238,700         381,361   

Ruentex Development Co., Ltd.

     132,782         214,541   
     

 

 

 
Total Taiwan               1,127,881   
Thailand – 1.8%      

Bangkok Land PCL NVDR

     1,062,021         71,402   

Central Pattana PCL NVDR

     198,274         284,341   

Hemaraj Land and Development PCL NVDR

     1,525,400         207,934   

 

See Notes to Financial Statements.

 

54   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Global ex-U.S. Real Estate Fund (DRW)

September 30, 2014

 

  

 

 

Investments    Shares      Value  

Land & Houses PCL NVDR

     1,923,611       $ 616,979   

LPN Development PCL NVDR

     234,400         156,869   

Pruksa Real Estate PCL NVDR

     207,493         219,172   

Quality Houses PCL NVDR

     1,463,006         190,405   

Sansiri PCL NVDR

     1,824,651         126,051   

Supalai PCL NVDR

     303,521         243,378   
     

 

 

 
Total Thailand               2,116,531   
Turkey – 0.3%      

Emlak Konut Gayrimenkul Yatirim Ortakligi AS

     297,922         310,880   

Torunlar Gayrimenkul Yatirim Ortakligi AS

     40,686         54,764   
     

 

 

 
Total Turkey               365,644   
United Kingdom – 6.8%      

British Land Co. PLC (The)

     165,134         1,880,642   

Derwent London PLC

     8,222         364,018   

Great Portland Estates PLC

     24,253         251,437   

Hammerson PLC

     103,534         964,265   

Intu Properties PLC

     200,459         1,048,691   

Land Securities Group PLC

     111,108         1,871,475   

Londonmetric Property PLC

     180,967         407,791   

Segro PLC

     167,590         986,501   

Shaftesbury PLC

     20,240         223,614   
     

 

 

 
Total United Kingdom               7,998,434   

TOTAL COMMON STOCKS

(Cost: $110,268,123)

              117,547,397   
EXCHANGE-TRADED FUNDS – 0.2%      
United States – 0.2%   

WisdomTree Global Natural Resources Fund(b)

     
(Cost: $214,607)      9,991         202,618   
RIGHTS – 0.0%      
China – 0.0%   

Yuexiu Property Co., Ltd., expiring 10/14/14*

     570,240         8,813   
Italy – 0.0%      

Beni Stabili SpA, expiring 10/17/14*

     367,072         7,651   
TOTAL RIGHTS
(Cost: $0)
              16,464   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 6.3%      
United States – 6.3%   

State Street Navigator Securities Lending Prime Portfolio, 0.15%(c)

     
(Cost: $7,409,494)(d)      7,409,494         7,409,494   

TOTAL INVESTMENTS IN SECURITIES – 106.0%

(Cost: $117,892,224)

  

  

     125,175,973   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (6.0)%

        (7,060,122
     

 

 

 
NET ASSETS – 100.0%             $ 118,115,851   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

Affiliated company (See Note 8).

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(d) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $6,964,511 and the total market value of the collateral held by the Fund was $7,422,922. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $13,428.

CVA – Certificaten Van Aandelen (Certificate of Stock)

GDR – Global Depositary Receipt

NVDR – Non-Voting Depositary Receipt

 

Reg S – Regulation S provides an exclusion from the registration requirements of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers.

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      55   


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Global ex-U.S. Utilities Fund (DBU)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.0%      
Australia – 1.3%      

AGL Energy Ltd.

     26,616       $ 315,351   
Austria – 0.9%      

Verbund AG(a)

     10,280         207,065   
Brazil – 10.8%      

Centrais Eletricas Brasileiras S.A.

     195,080         522,422   

Cia de Saneamento Basico do Estado de Sao Paulo

     5,246         42,360   

Cia de Saneamento de Minas Gerais-COPASA

     9,735         123,198   

CPFL Energia S.A.

     32,507         253,596   

EDP – Energias do Brasil S.A.

     62,327         254,437   

Equatorial Energia S.A.

     5,639         57,090   

Light S.A.

     81,870         691,164   

Tractebel Energia S.A.

     24,217         340,181   

Transmissora Alianca de Energia Eletrica S.A.

     38,628         308,601   
     

 

 

 
Total Brazil               2,593,049   
Canada – 8.7%      

Algonquin Power & Utilities Corp.(a)

     28,486         225,584   

Atco Ltd. Class I

     2,037         82,752   

Canadian Utilities Ltd. Class A(a)

     3,932         137,640   

Capital Power Corp.(a)

     13,540         324,098   

Emera, Inc.

     6,709         210,296   

Fortis, Inc.(a)

     6,758         209,353   

Northland Power, Inc.(a)

     15,560         240,873   

Superior Plus Corp.(a)

     23,406         295,520   

TransAlta Corp.(a)

     34,017         357,657   
     

 

 

 
Total Canada               2,083,773   
Chile – 5.2%      

AES Gener S.A.

     225,185         119,583   

Aguas Andinas S.A. Class A

     446,838         258,946   

Cia General de Electricidad S.A.

     20,456         97,423   

Colbun S.A.

     64,753         16,650   

E.CL S.A.

     100,142         142,417   

Empresa Nacional de Electricidad S.A.

     71,447         104,865   

Enersis S.A.

     421,581         134,004   

Gasco S.A.

     14,524         96,037   

Inversiones Aguas Metropolitanas S.A.

     186,812         285,739   
     

 

 

 
Total Chile               1,255,664   
China – 2.4%      

China Datang Corp. Renewable Power Co., Ltd. Class H(a)

     358,000         47,025   

China Longyuan Power Group Corp. Class H

     58,100         56,790   

China Resources Power Holdings Co., Ltd.

     64,100         172,940   

Guangdong Investment Ltd.

     214,600         250,663   

Huaneng Power International, Inc. Class H(a)

     50,640         55,302   
     

 

 

 
Total China               582,720   
Czech Republic – 2.0%      

CEZ AS

     16,020         487,043   
Finland – 2.1%      

Fortum Oyj(a)

     20,531         500,820   
Investments    Shares      Value  
France – 10.7%      

Electricite de France S.A.(a)

     17,420       $ 571,491   

GDF Suez

     26,458         663,782   

Rubis SCA

     3,802         218,963   

Suez Environnement Co.

     29,225         494,523   

Veolia Environnement S.A.*

     35,447         626,002   
     

 

 

 
Total France               2,574,761   
Germany – 4.3%      

E.ON SE

     28,538         522,554   

RWE AG

     12,986         506,163   
     

 

 

 
Total Germany               1,028,717   
Hong Kong – 3.5%      

China Power International Development Ltd.(a)

     641,000         297,176   

CLP Holdings Ltd.

     27,822         223,397   

Hong Kong & China Gas Co., Ltd.

     46,496         100,835   

Power Assets Holdings Ltd.

     23,886         211,172   
     

 

 

 
Total Hong Kong               832,580   
Indonesia – 0.9%      

Perusahaan Gas Negara Persero Tbk PT

     430,200         211,834   
Italy – 7.1%      

A2A SpA

     138,666         137,508   

Edison SpA RSP

     14,696         16,708   

Enel Green Power SpA

     43,312         110,851   

Enel SpA

     91,769         487,126   

Iren SpA

     70,629         88,865   

Snam SpA

     85,438         472,732   

Terna Rete Elettrica Nazionale SpA

     77,865         391,681   
     

 

 

 
Total Italy               1,705,471   
Japan – 3.4%      

Chugoku Electric Power Co., Inc. (The)(a)

     13,500         173,034   

Electric Power Development Co., Ltd.(a)

     3,942         128,831   

Hokuriku Electric Power Co.(a)

     14,100         185,223   

Osaka Gas Co., Ltd.

     29,000         116,508   

Toho Gas Co., Ltd.(a)

     19,000         107,042   

Tokyo Gas Co., Ltd.

     20,000         112,403   
     

 

 

 
Total Japan               823,041   
Malaysia – 2.3%      

Petronas Gas Bhd

     20,700         144,625   

Tenaga Nasional Bhd

     67,900         256,242   

YTL Corp. Bhd

     311,860         159,709   
     

 

 

 
Total Malaysia               560,576   
New Zealand – 0.9%      

Contact Energy Ltd.

     44,107         205,588   
Philippines – 2.5%      

Aboitiz Power Corp.

     347,300         315,358   

Energy Development Corp.

     561,600         101,239   

Manila Electric Co.

     20,080         113,560   

Manila Water Co., Inc.

     115,300         75,792   
     

 

 

 
Total Philippines               605,949   

 

See Notes to Financial Statements.

 

56   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Global ex-U.S. Utilities Fund (DBU)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
Poland – 4.8%      

Enea S.A.

     32,436       $ 158,947   

PGE S.A.

     106,711         676,890   

Tauron Polska Energia S.A.

     198,519         322,468   
     

 

 

 
Total Poland               1,158,305   
Portugal – 2.7%      

EDP Renovaveis S.A.(a)

     11,066         76,745   

EDP-Energias de Portugal S.A.

     128,917         562,662   
     

 

 

 
Total Portugal               639,407   
Russia – 0.6%      

RusHydro JSC ADR

     83,288         149,918   
Spain – 6.8%      

Enagas S.A.

     12,289         396,330   

Gas Natural SDG S.A.

     14,783         435,305   

Iberdrola S.A.

     44,855         321,280   

Red Electrica Corp. S.A.

     5,645         488,904   
     

 

 

 
Total Spain               1,641,819   
Thailand – 4.4%      

Electricity Generating PCL NVDR

     47,746         242,963   

Glow Energy PCL

     79,300         232,948   

Ratchaburi Electricity Generating Holding PCL

     107,900         197,165   

Ratchaburi Electricity Generating Holding PCL NVDR

     26,093         47,680   

TTW PCL NVDR

     928,520         343,631   
     

 

 

 
Total Thailand               1,064,387   
United Kingdom – 9.7%      

Centrica PLC

     48,385         241,436   

Drax Group PLC

     32,199         337,469   

National Grid PLC

     28,658         412,555   

Pennon Group PLC

     25,904         332,175   

Severn Trent PLC

     9,218         280,495   

SSE PLC

     14,148         354,821   

United Utilities Group PLC

     27,528         360,586   
     

 

 

 
Total United Kingdom               2,319,537   

TOTAL COMMON STOCKS

(Cost: $23,823,119)

              23,547,375   
EXCHANGE-TRADED FUNDS & NOTES – 1.3%      
United States – 1.3%      

iPath MSCI India Index ETN*

     4,125         289,575   
WisdomTree Global ex-U.S. Real Estate Fund(b)      1,098         31,095   

TOTAL EXCHANGE-TRADED FUNDS & NOTES

(Cost: $260,758)

              320,670   
Investments    Shares      Value  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 12.9%      
United States – 12.9%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(c)

     
(Cost: $3,091,157)(d)      3,091,157       $ 3,091,157   

TOTAL INVESTMENTS IN SECURITIES – 112.2%

(Cost: $27,175,034)

        26,959,202   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (12.2)%

        (2,922,246
     

 

 

 
NET ASSETS – 100.0%             $ 24,036,956   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b)

Affiliated company (See Note 8).

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(d) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $3,005,350 and the total market value of the collateral held by the Fund was $3,170,939. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $79,782.

ADR – American Depositary Receipt

ETN – Exchange Traded Note

NVDR – Non-Voting Depositary Receipt

RSP – Risparmio Italian Savings Shares

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      57   


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Global Natural Resources Fund (GNAT)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.9%      
Australia – 5.0%      

BHP Billiton Ltd.

     11,441       $ 339,087   

Rio Tinto Ltd.

     5,793         302,021   

Woodside Petroleum Ltd.

     11,942         424,264   
     

 

 

 
Total Australia               1,065,372   
Brazil – 2.3%      

Petroleo Brasileiro S.A.

     15,000         105,630   

Vale S.A.

     35,200         385,826   
     

 

 

 
Total Brazil               491,456   
Canada – 11.0%      

Agrium, Inc.(a)

     1,236         110,113   

Cameco Corp.(a)

     6,220         109,979   

Canadian Natural Resources Ltd.(a)

     3,900         151,840   

Crescent Point Energy Corp.(a)

     14,508         524,731   

Encana Corp.(a)

     17,313         368,398   

First Quantum Minerals Ltd.

     3,846         74,404   

Husky Energy, Inc.

     10,900         299,822   

Imperial Oil Ltd.

     2,186         103,496   

Potash Corp. of Saskatchewan, Inc.(a)

     3,423         118,781   

Silver Wheaton Corp.

     5,892         117,782   

Suncor Energy, Inc.(a)

     4,609         167,154   

Teck Resources Ltd. Class B

     10,443         198,198   
     

 

 

 
Total Canada               2,344,698   
China – 2.6%      

China Shenhua Energy Co., Ltd. Class H

     111,500         310,875   

CNOOC Ltd.

     147,618         253,219   
     

 

 

 
Total China               564,094   
France – 3.2%      

Technip S.A.

     1,319         110,987   

Total S.A.(a)

     8,667         563,305   
     

 

 

 
Total France               674,292   
Germany – 1.0%      

K+S AG Registered Shares

     7,764         220,236   
Indonesia – 0.2%      

Charoen Pokphand Indonesia Tbk PT

     128,100         44,575   
Israel – 1.6%      

Israel Chemicals Ltd.

     46,494         334,398   
Italy – 2.4%      

Eni SpA(a)

     21,174         504,736   
Japan – 1.2%      

Sumitomo Metal Mining Co., Ltd.(a)

     19,000         267,432   
Malaysia – 2.2%      

Felda Global Ventures Holdings Bhd

     64,000         68,868   

IOI Corp. Bhd

     132,300         193,983   

Kuala Lumpur Kepong Bhd

     32,500         208,840   
     

 

 

 
Total Malaysia               471,691   
Mexico – 1.6%      

Grupo Mexico S.A.B. de C.V. Series B(a)

     71,507         239,435   
Investments    Shares      Value  

Industrias Penoles S.A.B. de C.V.

     4,460       $ 102,003   
     

 

 

 
Total Mexico               341,438   
Netherlands – 0.8%      

Fugro N.V. CVA(a)

     5,677         171,864   
Norway – 4.1%      

Statoil ASA

     16,958         462,581   

Yara International ASA

     8,127         408,201   
     

 

 

 
Total Norway               870,782   
Poland – 5.6%      

KGHM Polska Miedz S.A.

     31,479         1,204,541   
Russia – 12.3%      

Gazprom OAO ADR

     54,324         382,391   

Lukoil OAO ADR

     6,035         307,785   

MMC Norilsk Nickel OJSC ADR

     43,413         809,652   

NovaTek OAO GDR Reg S

     1,297         135,147   

Novolipetsk Steel OJSC GDR Reg S

     7,663         111,727   

Phosagro OAO GDR Reg S

     32,208         360,408   

Rosneft OAO GDR Reg S

     62,826         366,087   

Uralkali OJSC GDR Reg S

     8,014         142,249   
     

 

 

 
Total Russia               2,615,446   
Singapore – 0.5%      

Wilmar International Ltd.

     43,000         104,187   
South Africa – 3.9%      

Assore Ltd.(a)

     3,551         67,574   

Exxaro Resources Ltd.(a)

     16,347         185,661   

Kumba Iron Ore Ltd.

     9,322         219,909   

Sasol Ltd.

     6,469         351,184   
     

 

 

 
Total South Africa               824,328   
South Korea – 0.8%      

Korea Zinc Co., Ltd.

     452         167,051   
Spain – 1.1%      

Repsol S.A.

     10,136         240,721   
Switzerland – 0.9%      

Syngenta AG Registered Shares

     442         140,764   

Transocean Ltd.(a)

     1,770         57,222   
     

 

 

 
Total Switzerland               197,986   
Thailand – 2.6%      

PTT Exploration & Production PCL

     51,241         252,847   

PTT PCL NVDR

     27,300         303,099   
     

 

 

 
Total Thailand               555,946   
United Kingdom – 13.9%      

Anglo American PLC

     13,302         298,453   

Antofagasta PLC

     7,422         86,752   

BG Group PLC

     6,002         110,924   

BHP Billiton PLC

     11,019         306,358   

BP PLC

     56,441         414,904   

Fresnillo PLC(a)

     16,573         204,192   

Rio Tinto PLC

     6,893         338,758   

Royal Dutch Shell PLC Class A

     11,812         451,630   

Royal Dutch Shell PLC Class B

     10,676         421,781   

 

See Notes to Financial Statements.

 

58   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Global Natural Resources Fund (GNAT)

September 30, 2014

 

  

 

 

Investments    Shares      Value  

Tullow Oil PLC

     6,061       $ 63,327   

Vedanta Resources PLC

     16,990         275,020   
     

 

 

 
Total United Kingdom               2,972,099   
United States – 18.1%      

Anadarko Petroleum Corp.(a)

     347         35,200   

Apache Corp.(a)

     749         70,309   

Archer-Daniels-Midland Co.

     4,792         244,871   

Baker Hughes, Inc.(a)

     2,126         138,317   

Cabot Oil & Gas Corp.(a)

     214         6,996   

CF Industries Holdings, Inc.(a)

     312         87,117   

Chesapeake Energy Corp.(a)

     5,901         135,664   

Chevron Corp.(a)

     1,885         224,918   

ConocoPhillips(a)

     5,356         409,841   

CONSOL Energy, Inc.(a)

     3,361         127,247   

Devon Energy Corp.(a)

     1,967         134,110   

Diamond Offshore Drilling, Inc.(a)

     5,598         191,843   

EOG Resources, Inc.(a)

     635         62,878   

Exxon Mobil Corp.(a)

     2,219         208,697   

Freeport-McMoRan, Inc.(a)

     9,115         297,605   

Halliburton Co.(a)

     1,792         115,602   

Helmerich & Payne, Inc.(a)

     852         83,385   

Ingredion, Inc.(a)

     1,630         123,538   

Marathon Oil Corp.

     4,351         163,554   

Monsanto Co.

     967         108,797   

Mosaic Co. (The)(a)

     1,832         81,359   

National Oilwell Varco, Inc.(a)

     936         71,230   

Noble Energy, Inc.

     1,133         77,452   

Occidental Petroleum Corp.

     2,098         201,723   

Oceaneering International, Inc.(a)

     1,090         71,035   

Peabody Energy Corp.(a)

     7,701         95,338   

Pioneer Natural Resources Co.

     38         7,485   

Southern Copper Corp.(a)

     9,712         287,961   
     

 

 

 
Total United States               3,864,072   
TOTAL COMMON STOCKS
(Cost: $24,738,496)
              21,113,441   
EXCHANGE-TRADED FUNDS & NOTES – 0.8%      
United States – 0.8%   

iPath MSCI India Index ETN*

     1,973         138,505   

WisdomTree Global Equity Income Fund(b)

     425         19,707   

 

 
TOTAL EXCHANGE-TRADED FUNDS & NOTES
(Cost: $126,306)
              158,212   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 25.9%      
United States – 25.9%   

State Street Navigator Securities Lending Prime Portfolio, 0.15%(c)

     
(Cost: $5,527,612)(d)      5,527,612         5,527,612   
TOTAL INVESTMENTS IN SECURITIES – 125.6%
(Cost: $30,392,414)
         26,799,265   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (25.6)%

        (5,459,535
     

 

 

 
NET ASSETS – 100.0%             $ 21,339,730   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

Affiliated company (See Note 8).

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(d) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $5,326,521 and the total market value of the collateral held by the Fund was $5,527,612.

ADR – American Depositary Receipt

CVA – Certificaten Van Aandelen (Certificate of Stock)

ETN – Exchange Traded Note

GDR – Global Depositary Receipt

NVDR – Non-Voting Depositary Receipt

 

Reg S – Regulation S provides an exclusion from the registration requirements of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers.

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      59   


Table of Contents

Schedule of Investments (unaudited)

WisdomTree India Earnings Fund (EPI) (consolidated)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.7%      
India – 99.7%      
Auto Components – 1.2%      

Amtek Auto Ltd.

     525,283       $ 1,715,080   

Amtek India Ltd.

     135,308         202,874   

Apollo Tyres Ltd.

     2,124,855         7,010,026   

Balkrishna Industries Ltd.

     134,600         1,688,493   

Bharat Forge Ltd.

     444,363         5,923,641   

Ceat Ltd.

     7,900         101,667   

Exide Industries Ltd.

     1,365,241         3,749,107   

Motherson Sumi Systems Ltd.

     326,802         2,093,575   

Sundram Fasteners Ltd.

     152,795         375,679   

Tube Investments of India Ltd.

     27,948         147,071   
     

 

 

 
Total Auto Components               23,007,213   
Automobiles – 7.1%      

Bajaj Auto Ltd.

     390,808         14,880,571   

Hero MotoCorp Ltd.

     375,067         17,244,519   

Mahindra & Mahindra Ltd.

     1,804,872         39,767,970   

Tata Motors Ltd.

     8,579,542         69,757,400   
     

 

 

 
Total Automobiles               141,650,460   
Banks – 10.5%      

Allahabad Bank

     2,624,608         4,222,066   

Bank of India

     2,179,516         8,187,301   

Bank of Maharashtra

     395,700         269,097   

Canara Bank

     1,768,778         10,049,615   

Corporation Bank

     81,539         415,286   

DCB Bank Ltd.*

     743,998         1,012,517   

Dena Bank

     616,656         579,113   

Federal Bank Ltd.

     2,306,600         4,700,220   

ICICI Bank Ltd.

     3,431,482         79,650,276   

IDBI Bank Ltd.

     1,321,113         1,301,647   

Indian Bank

     947,605         2,362,108   

Indian Overseas Bank

     501,949         462,043   

Jammu & Kashmir Bank Ltd. (The)

     3,140,994         7,183,702   

Karnataka Bank Ltd. (The)

     1,482,173         2,711,877   

Karur Vysya Bank Ltd. (The)

     249,679         2,144,062   

Kotak Mahindra Bank Ltd.

     854,966         14,024,709   

Lakshmi Vilas Bank Ltd. (The)

     666,700         806,388   

Oriental Bank of Commerce

     1,451,607         5,397,693   

State Bank of Bikaner & Jaipur

     193,291         1,750,761   

State Bank of India

     1,167,052         46,215,335   

Syndicate Bank

     1,955,445         3,455,907   

UCO Bank

     2,852,843         3,683,844   

Union Bank of India

     2,336,674         7,143,200   

Vijaya Bank

     3,010,797         2,339,998   
     

 

 

 
Total Banks               210,068,765   
Biotechnology – 0.1%      

Biocon Ltd.

     190,152         1,533,901   
Building Products – 0.1%      

Sintex Industries Ltd.

     1,385,911         1,620,187   
Investments    Shares      Value  
Capital Markets – 0.1%      

JM Financial Ltd.

     1,700,638       $ 1,076,667   

PTC India Financial Services Ltd.

     75,900         55,303   
     

 

 

 
Total Capital Markets               1,131,970   
Chemicals – 1.0%      

Asian Paints Ltd.

     756,942         7,715,881   

Atul Ltd.

     11,200         252,000   

Bayer CropScience Ltd.

     233         9,100   

Berger Paints India Ltd.

     42,368         259,998   

Castrol India Ltd

     269,564         1,873,767   

Chambal Fertilizers & Chemicals Ltd.

     1,183,476         1,117,174   

Coromandel International Ltd.

     555,700         2,751,957   

DCM Shriram Ltd.

     160,900         621,482   

Dhanuka Agritech Ltd.

     98,000         788,237   

EID Parry India Ltd.*

     27,902         103,955   

Finolex Industries Ltd.

     115,100         608,207   

Godrej Industries Ltd.

     146,013         727,464   

Gujarat Fluorochemicals Ltd.

     36,708         401,315   

Gujarat Narmada Valley Fertilizers & Chemicals Ltd.

     29         44   

Monsanto India Ltd.

     3,800         187,093   

PI Industries Ltd.

     60,760         444,583   

Pidilite Industries Ltd.

     175,612         1,129,137   

Rashtriya Chemicals & Fertilizers Ltd.

     274,200         233,310   

Supreme Industries Ltd.

     59,053         624,139   
     

 

 

 
Total Chemicals               19,848,843   
Construction & Engineering – 1.6%      

Ashoka Buildcon Ltd.

     1,600         3,486   

Engineers India Ltd.

     289,053         1,144,324   

IRB Infrastructure Developers Ltd.

     1,462,566         5,472,782   

Larsen & Toubro Ltd.

     878,485         20,742,402   

Voltas Ltd.

     1,057,161         4,135,526   
     

 

 

 
Total Construction & Engineering               31,498,520   
Construction Materials – 1.4%      

ACC Ltd.

     223,947         5,074,887   

Ambuja Cements Ltd.

     2,688,398         9,302,310   

JK Cement Ltd.

     42,363         381,685   

Ramco Cements Ltd. (The)

     341,856         1,782,622   

Ultratech Cement Ltd.

     275,026         11,719,109   
     

 

 

 
Total Construction Materials               28,260,613   
Consumer Finance – 1.9%      

Bajaj Finance Ltd.

     65,448         2,883,803   

Mahindra & Mahindra Financial Services Ltd.

     1,497,184         6,632,603   

Manappuram Finance Ltd.

     4,120,709         1,971,615   

Muthoot Finance Ltd.

     1,474,176         4,878,912   

Shriram City Union Finance Ltd.

     37,040         981,896   

Shriram Transport Finance Co., Ltd.

     1,240,617         18,727,772   

Sundaram Finance Ltd.

     93,218         1,969,411   
     

 

 

 
Total Consumer Finance               38,046,012   
Containers & Packaging – 0.0%      

Ess Dee Aluminium Ltd.

     70,944         468,384   

 

See Notes to Financial Statements.

 

60   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree India Earnings Fund (EPI) (consolidated)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
Diversified Consumer Services – 0.0%      

Tree House Education and Accessories Ltd.

     62,700       $ 499,387   
Diversified Financial Services – 2.7%      

Credit Analysis & Research Ltd.

     92,765         2,255,439   

CRISIL Ltd.

     38,000         1,240,138   

IFCI Ltd.

     8,568,624         4,959,979   

L&T Finance Holdings Ltd.

     2,193,461         2,344,048   

Power Finance Corp., Ltd.

     5,473,705         20,792,280   

Rural Electrification Corp., Ltd.

     5,317,421         21,520,229   

Srei Infrastructure Finance Ltd.

     984,683         756,529   
     

 

 

 
Total Diversified Financial Services               53,868,642   
Diversified Telecommunication Services – 0.0%   

Tata Communications Ltd.

     12,200         70,798   
Electric Utilities – 2.2%      

CESC Ltd.

     553,032         6,716,348   

Power Grid Corp. of India Ltd.

     9,332,574         20,437,672   

Reliance Infrastructure Ltd.

     1,660,334         15,739,031   
     

 

 

 
Total Electric Utilities               42,893,051   
Electrical Equipment – 1.1%      

ABB India Ltd.

     16,300         303,606   

Amara Raja Batteries Ltd.

     106,396         1,030,970   

Bharat Heavy Electricals Ltd.

     4,707,148         15,277,652   

Havells India Ltd.

     1,243,913         5,334,365   
     

 

 

 
Total Electrical Equipment               21,946,593   
Electronic Equipment, Instruments & Components – 0.3%   

Redington India Ltd.

     3,482,061         5,243,388   
Energy Equipment & Services – 0.0%      

Aban Offshore Ltd.

     25,335         243,341   
Food Products – 0.5%      

Britannia Industries Ltd.

     14,204         320,154   

Kaveri Seed Co., Ltd.

     13,488         177,238   

KRBL Ltd.

     1,172,600         1,901,488   

McLeod Russel India Ltd.

     287,490         1,353,195   

Nestle India Ltd.

     43,116         4,166,844   

Rasoya Proteins Ltd.*

     4,846,475         765,109   

Tata Global Beverages Ltd.

     704,485         1,817,676   
     

 

 

 
Total Food Products               10,501,704   
Gas Utilities – 1.3%      

GAIL India Ltd.

     2,692,854         19,596,879   

Gujarat Gas Co., Ltd.

     76,741         617,308   

Gujarat State Petronet Ltd.

     1,518,548         2,302,656   

Indraprastha Gas Ltd.

     349,003         2,370,858   
     

 

 

 
Total Gas Utilities               24,887,701   
Health Care Providers & Services – 0.2%      

Apollo Hospitals Enterprise Ltd.

     154,970         2,812,093   

Fortis Healthcare Ltd.*

     400,563         758,190   
     

 

 

 
Total Health Care Providers & Services               3,570,283   
Hotels, Restaurants & Leisure – 0.1%      

Cox & Kings Ltd.

     291,354         1,490,736   
Investments    Shares      Value  

Jubilant Foodworks Ltd.*

     23,104       $ 460,397   
     

 

 

 
Total Hotels, Restaurants & Leisure               1,951,133   
Household Products – 1.1%      

Hindustan Unilever Ltd.

     1,824,620         22,039,613   

Jyothy Laboratories Ltd.

     72,989         283,459   
     

 

 

 
Total Household Products               22,323,072   
Independent Power and Renewable Electricity Producers – 2.8%   

Jaiprakash Power Ventures Ltd.*

     223,669         45,089   

JSW Energy Ltd.

     4,033,405         4,617,256   

NHPC Ltd.

     17,368,402         5,469,809   

NTPC Ltd.

     19,231,023         43,313,395   

PTC India Ltd.

     1,260,384         1,740,783   
     

 

 

 
Total Independent Power and Renewable Electricity Producers               55,186,332   
Industrial Conglomerates – 0.4%      

Aditya Birla Nuvo Ltd.

     212,037         5,563,568   

Siemens Ltd.

     208,614         2,793,962   
     

 

 

 
Total Industrial Conglomerates               8,357,530   
Insurance – 0.4%      

Bajaj Finserv Ltd.

     405,588         7,418,596   

Max India Ltd.

     142,389         737,651   
     

 

 

 
Total Insurance               8,156,247   
Internet Software & Services – 0.0%      

Info Edge India Ltd.

     43,300         596,567   

Just Dial Ltd.

     2,174         57,402   
     

 

 

 
Total Internet Software & Services               653,969   
IT Services – 16.9%      

CMC Ltd.

     37,944         1,365,824   

eClerx Services Ltd.

     93,024         2,098,914   

Firstsource Solutions Ltd.*

     1,256,896         819,140   

HCL Technologies Ltd.

     1,414,169         39,264,027   

Hexaware Technologies Ltd.

     1,421,218         4,628,854   

Infosys Ltd.

     2,422,323         146,992,568   

Mindtree Ltd.

     296,358         5,654,363   

Mphasis Ltd.

     421,428         2,928,024   

Polaris Financial Technology Ltd.

     389,215         1,584,967   

Tata Consultancy Services Ltd.

     1,741,975         77,187,318   

Tech Mahindra Ltd.

     567,821         22,890,284   

Wipro Ltd.

     3,149,894         30,438,095   

Ybrant Digital Ltd.*

     1,295,200         1,361,051   
     

 

 

 
Total IT Services               337,213,429   
Life Sciences Tools & Services – 0.3%      

Divi’s Laboratories Ltd.

     204,531         5,962,231   
Machinery – 0.5%      

AIA Engineering Ltd.

     40,540         617,224   

Cummins India Ltd.

     360,790         3,920,144   

Eicher Motors Ltd.

     16,038         3,108,921   

Escorts Ltd.

     359,390         884,509   

Thermax Ltd.

     66,444         987,677   
     

 

 

 
Total Machinery               9,518,475   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      61   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree India Earnings Fund (EPI) (consolidated)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
Media – 0.7%      

Eros International Media Ltd.*

     32,610       $ 139,369   

HT Media Ltd.

     516,000         927,396   

Inox Leisure Ltd.*

     71,100         200,660   

Jagran Prakashan Ltd.

     323,304         652,785   

PVR Ltd.

     23,020         260,652   

Sun TV Network Ltd.

     494,061         2,705,096   

Zee Entertainment Enterprises Ltd.

     1,711,736         8,706,960   
     

 

 

 
Total Media               13,592,918   
Metals & Mining – 5.7%      

Bhushan Steel Ltd.

     30,887         58,813   

Hindalco Industries Ltd.

     6,392,275         16,223,917   

Hindustan Copper Ltd.

     192,910         249,102   

Hindustan Zinc Ltd.

     2,511,150         6,544,197   

Jindal Steel & Power Ltd.

     2,703,081         7,563,025   

JSW Steel Ltd.

     298,351         5,584,661   

Maharashtra Seamless Ltd.

     81,271         422,541   

Mahindra Ugine Steel Co., Ltd.*

     98,100         801,828   

National Aluminium Co., Ltd.

     156,165         145,772   

NMDC Ltd.

     7,117,924         19,062,575   

Sesa Sterlite Ltd.

     8,371,268         36,936,051   

Steel Authority of India Ltd.

     7,597,681         8,562,153   

Tata Steel Ltd.

     1,448,155         10,763,853   

Welspun Corp., Ltd.

     617,390         774,237   
     

 

 

 
Total Metals & Mining               113,692,725   
Oil, Gas & Consumable Fuels – 18.7%      

Bharat Petroleum Corp., Ltd.

     1,385,568         14,703,712   

Cairn India Ltd.

     9,006,578         45,477,677   

Coal India Ltd.

     4,834,508         26,720,520   

Great Eastern Shipping Co., Ltd. (The)

     448,867         3,138,653   

Gujarat Mineral Development Corp., Ltd.

     856,777         2,008,765   

Hindustan Petroleum Corp., Ltd.

     729,260         5,693,211   

Indian Oil Corp., Ltd.

     1,945,936         11,418,511   

Mangalore Refinery & Petrochemicals Ltd.*

     189,376         188,732   

Oil & Natural Gas Corp., Ltd.

     13,632,207         90,178,727   

Petronet LNG Ltd.

     2,339,244         7,120,756   

Reliance Industries Ltd.

     10,886,315         166,696,698   
     

 

 

 
Total Oil, Gas & Consumable Fuels               373,345,962   
Personal Products – 0.7%      

Bajaj Corp., Ltd.

     171,846         717,880   

Colgate-Palmolive India Ltd.

     71,559         2,019,027   

Dabur India Ltd.

     1,170,955         4,211,911   

Emami Ltd.

     7,407         83,617   

Godrej Consumer Products Ltd.

     360,528         5,771,017   

Marico Ltd.

     290,573         1,458,511   
     

 

 

 
Total Personal Products               14,261,963   
Pharmaceuticals – 4.1%      

Aurobindo Pharma Ltd.

     600,847         9,419,853   

Cadila Healthcare Ltd.

     203,877         4,364,242   

Cipla Ltd.

     1,224,184         12,424,199   

Dr. Reddy’s Laboratories Ltd.

     329,929         17,252,893   

Glenmark Pharmaceuticals Ltd.

     538,592         6,294,620   
Investments    Shares      Value  

Merck Ltd.

     41,112       $ 566,122   

Pfizer Ltd.

     9,900         266,584   

Sun Pharmaceutical Industries Ltd.

     1,686,637         23,411,101   

Suven Life Sciences Ltd.

     25,700         76,921   

Torrent Pharmaceuticals Ltd.

     96,970         1,368,272   

Wockhardt Ltd.

     476,305         6,161,656   

Wyeth Ltd.

     17,400         307,007   
     

 

 

 
Total Pharmaceuticals               81,913,470   
Real Estate Management & Development – 0.7%      

Anant Raj Ltd.

     328,334         293,459   

DLF Ltd.

     516,694         1,262,035   

Godrej Properties Ltd.

     45,453         174,350   

Housing Development & Infrastructure Ltd.*

     1,849,936         2,505,621   

Kolte-Patil Developers Ltd.

     59,800         173,319   

Oberoi Realty Ltd.

     560,612         1,978,844   

Omaxe Ltd.

     273,732         571,974   

Prestige Estates Projects Ltd.

     451,369         1,607,125   

Sobha Developers Ltd.

     416,871         2,727,279   

Sunteck Realty Ltd.

     364,807         1,801,884   

Unitech Ltd.*

     3,577,785         1,091,989   
     

 

 

 
Total Real Estate Management & Development         14,187,879   
Software – 0.7%      

KPIT Technologies Ltd.

     824,994         2,132,615   

NIIT Technologies Ltd.

     386,686         2,506,008   

Oracle Financial Services Software Ltd.

     89,164         4,965,162   

Tata Elxsi Ltd.

     1,500         15,652   

Vakrangee Ltd.

     825,765         1,682,015   

Zensar Technologies Ltd.

     211,100         2,105,018   
     

 

 

 
Total Software               13,406,470   
Specialty Retail – 0.1%      

PC Jeweller Ltd.

     608,700         2,311,207   
Textiles, Apparel & Luxury Goods – 0.3%      

Arvind Ltd.

     1,105,980         5,316,798   

Bata India Ltd.

     18,154         389,344   

Vaibhav Global Ltd.*

     55,300         772,911   

Welspun India Ltd.

     69,100         335,878   
     

 

 

 
Total Textiles, Apparel & Luxury Goods         6,814,931   
Thrifts & Mortgage Finance – 7.8%      

Dewan Housing Finance Corp., Ltd.

     517,011         2,795,593   

Housing Development Finance Corp.

     7,563,911         129,239,266   

Indiabulls Housing Finance Ltd.

     2,079,113         13,556,652   

LIC Housing Finance Ltd.

     1,934,858         10,197,478   
     

 

 

 
Total Thrifts & Mortgage Finance         155,788,989   
Tobacco – 1.7%      

ITC Ltd.

     5,739,607         34,404,186   
Trading Companies & Distributors – 0.6%      

Adani Enterprises Ltd.

     1,460,054         11,127,711   
Transportation Infrastructure – 0.5%      

Adani Ports & Special Economic Zone Ltd.

     2,101,262         9,443,091   

Gateway Distriparks Ltd.

     83,105         345,082   

 

See Notes to Financial Statements.

 

62   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree India Earnings Fund (EPI) (consolidated)

September 30, 2014

 

  

 

 

Investments    Shares      Value  

IL&FS Transportation Networks Ltd.

     101,600       $ 288,711   
     

 

 

 
Total Transportation Infrastructure               10,076,884   
Water Utilities – 0.0%      

VA Tech Wabag Ltd.

     1,395         38,126   
Wireless Telecommunication Services – 1.6%      

Bharti Airtel Ltd.

     2,079,741         13,644,933   

Bharti Infratel Ltd.

     1,040,249         4,964,595   

Idea Cellular Ltd.

     2,861,020         7,694,550   

Reliance Communications Ltd.

     3,477,690         5,574,665   
     

 

 

 
Total Wireless Telecommunication Services         31,878,743   

TOTAL INVESTMENTS IN SECURITIES – 99.7%

(Cost: $1,667,756,269)

        1,987,024,338   

Cash, Foreign Currency and Other Assets in Excess of Liabilities – 0.3%

        5,162,780   
     

 

 

 
NET ASSETS – 100.0%             $ 1,992,187,118   
* 

Non-income producing security.

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      63   


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Middle East Dividend Fund (GULF)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.8%      
Bahrain – 1.9%      

Ahli United Bank BSC

     1,151,782       $ 919,028   

Al-Salam Bank

     330,913         174,784   
     

 

 

 
Total Bahrain               1,093,812   
Egypt – 9.9%      

Commercial International Bank Egypt SAE

     144,971         1,031,416   

Eastern Tobacco

     13,745         345,757   

Juhayna Food Industries

     56,181         78,574   

Orascom Telecom Media and Technology Holding SAE

     12,525,850         2,067,189   

Sidi Kerir Petrochemicals Co.

     277,802         748,700   

Telecom Egypt Co.

     744,483         1,431,688   
     

 

 

 
Total Egypt               5,703,324   
Jordan – 1.8%      

Arab Bank PLC

     93,760         996,968   

Jordan Phosphate Mines

     6,332         53,578   
     

 

 

 
Total Jordan               1,050,546   
Kuwait – 14.1%      

Agility Public Warehousing Co. KSC

     202,591         625,519   

Ahli United Bank

     127,864         292,768   

ALAFCO Aviation Lease and Finance Co. KSCC

     30,440         28,513   

Boubyan Petrochemicals Co. KSCP

     70,831         186,753   

Burgan Bank SAK

     119,338         227,705   

Commercial Real Estate Co. KSCC

     319,108         109,598   

Ikarus Petroleum Industries Co. KPSC

     265,841         178,918   

KGL Logistics Co. KSCC

     159,001         69,503   

Kuwait Finance House KSCP

     166,785         480,248   

Kuwait Financial Centre KPSC

     59,830         29,474   

Kuwait Foods Americana

     47,418         506,669   

Kuwait International Bank

     145,716         164,294   

Kuwait Projects Co. Holding KSCP

     225,643         563,618   

Mabanee Co. SAKC

     38,811         142,722   

Mobile Telecommunications Co. KSC

     1,208,073         2,766,100   

National Bank of Kuwait SAKP

     515,347         1,752,090   
     

 

 

 
Total Kuwait               8,124,492   
Morocco – 7.8%      

Attijariwafa Bank

     22,273         877,761   

BMCE Bank

     10,488         263,809   

Maroc Telecom

     244,442         3,321,382   
     

 

 

 
Total Morocco               4,462,952   
Oman – 4.0%      

Ahli Bank SAOG

     169,278         108,162   

Al Anwar Ceramic Tile Co.

     64,643         96,712   

Bank Muscat SAOG

     327,961         661,033   

Bank Sohar SAOG

     140,154         88,097   

National Bank of Oman SAOG

     367,348         377,844   

Oman Telecommunications Co. SAOG

     231,081         996,349   
     

 

 

 
Total Oman               2,328,197   
Qatar – 31.8%      

Al Khalij Commercial Bank

     38,239         231,099   

Barwa Real Estate Co.

     58,215         640,191   
Investments    Shares      Value  

Commercial Bank of Qatar QSC (The)

     65,928       $ 1,270,805   

Doha Bank QSC

     63,883         1,017,385   

Gulf International Services OSC

     16,503         556,459   

Industries Qatar QSC

     76,276         3,899,775   

Masraf Al Rayan

     70,019         1,070,886   

Mazaya Qatar Real Estate Development QSC

     13,307         88,935   

National Leasing

     7,054         54,136   

Ooredoo QSC

     36,164         1,315,723   

Qatar Electricity & Water Co.

     13,770         718,389   

Qatar Fuel Co. QSC

     6,872         423,426   

Qatar Gas Transport Co. Nakilat

     83,942         560,320   

Qatar Insurance Co. SAQ

     11,113         300,566   

Qatar International Islamic Bank QSC

     23,961         592,791   

Qatar Islamic Bank SAQ

     33,554         1,039,263   

Qatar National Bank SAQ

     71,876         4,002,431   

Qatari Investors Group QSC

     12,539         201,070   

United Development Co. PSC

     39,544         314,884   

Widam Food Co.

     2,824         48,851   
     

 

 

 
Total Qatar               18,347,385   
United Arab Emirates – 28.5%      

Abu Dhabi Commercial Bank PJSC

     1,014,661         2,339,857   

Aldar Properties PJSC

     675,072         720,479   

Aramex PJSC

     110,765         96,502   

DP World Ltd.

     40,349         837,242   

Dubai Investments PJSC

     669,575         654,453   

Dubai Islamic Bank PJSC

     638,687         1,443,282   

Emaar Properties PJSC

     442,068         1,390,132   

Emirates NBD PJSC

     977,028         2,630,803   

First Gulf Bank PJSC

     744,033         3,798,206   

Gulf Cement Co. PSC

     115,853         47,426   

National Bank of Abu Dhabi PJSC

     457,390         1,799,449   

National Central Cooling Co. PJSC

     146,278         66,907   

RAK Properties PJSC

     665,305         181,137   

Union National Bank PJSC

     217,620         396,378   
     

 

 

 
Total United Arab Emirates               16,402,253   
TOTAL COMMON STOCKS
(Cost: $45,447,721)
              57,512,961   
      Principal
Amount
         
CONVERTIBLE BOND – 0.0%      
Oman – 0.0%      
Bank Muscat SAOG 4.50%, 3/20/17
(Cost: $12,813)
   $ 48,842 OMR         13,892   
TOTAL INVESTMENTS IN SECURITIES – 99.8%
(Cost: $45,460,534)
         57,526,853   

Cash, Foreign Currency and Other Assets in Excess of Liabilities – 0.2%

        131,275   
     

 

 

 
NET ASSETS – 100.0%             $ 57,658,128   
 

Security is being fair valued by a valuation committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $520,561, which represents 0.9% of net assets.

Principal amount is reported in U.S. dollars, except for those denoted in the following currencies:

OMR – Omani rial

 

See Notes to Financial Statements.

 

64   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Statements of Assets and Liabilities (unaudited)

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds

September 30, 2014

 

  

 

 

     

WisdomTree

Asia Pacific

ex-Japan Fund

    

WisdomTree

China Dividend

ex-Financials

Fund

    

WisdomTree
Commodity

Country Equity
Fund

     WisdomTree
Emerging
Markets
Consumer
Growth Fund
    

WisdomTree
Emerging

Markets
Dividend
Growth Fund

 

ASSETS:

              

Investments, at cost

   $ 44,295,108       $ 22,753,786       $ 18,089,479       $ 22,060,451       $ 33,227,031   

Investment in affiliates, at cost (Note 8)

     2,606                 25,307                   

Foreign currency, at cost

     40,946         607         10,907         14,139         41,001   

Investments in securities, at value (including securities on loan) (Note 2)1

     48,539,638         22,449,661         17,574,136         22,778,124         33,552,958   

Investment in affiliates, at value (Note 8)

     2,379                 24,539                   

Cash

     77,319         11,138         1,842         3,407         15,889   

Foreign currency, at value

     40,536         607         10,863         14,004         41,058   

Unrealized appreciation on forward foreign currency contracts

                     9                   

Receivables:

              

Dividends and interest

     136,338         46,001         66,267         13,850         24,017   

Foreign tax reclaims

                     22,322                   

Total Assets

     48,796,210         22,507,407         17,699,978         22,809,385         33,633,922   

LIABILITIES:

              

Unrealized depreciation on forward foreign currency contracts

     114                 34                   

Payables:

              

Investment of cash collateral for securities loaned (Note 2)

     1,837,856         4,172,144         1,622,084         2,694,398         2,960,367   

Investment securities purchased

     97,972                 13,844                   

Advisory fees (Note 3)

     19,641         10,117         8,148         10,918         16,726   

Service fees (Note 2)

     180         71         62         76         117   

Foreign capital gains tax

                             28,334           

Total Liabilities

     1,955,763         4,182,332         1,644,172         2,733,726         2,977,210   

NET ASSETS

   $ 46,840,447       $ 18,325,075       $ 16,055,806       $ 20,075,659       $ 30,656,712   

NET ASSETS:

              

Paid-in capital

   $ 65,748,737       $ 19,588,689       $ 33,166,916       $ 19,443,690       $ 30,464,195   

Undistributed net investment income

     58,384         145,504         40,415         35,862         41,494   

Accumulated net realized loss on investments, forward foreign currency contracts and foreign currency related transactions

     (23,204,989      (1,104,918      (16,632,648      (92,904      (174,740

Net unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     4,238,315         (304,200      (518,877      689,011         325,763   

NET ASSETS

   $ 46,840,447       $ 18,325,075       $ 16,055,806       $ 20,075,659       $ 30,656,712   

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     700,000         350,000         550,000         800,000         1,200,000   

Net asset value per share

   $ 66.91       $ 52.36       $ 29.19       $ 25.09       $ 25.55   
1 

Market value of securities out on loan were as follows: $2,042,183, $3,954,933, $1,846,579, $2,557,101 and $2,804,907, respectively.

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      65   


Table of Contents

Statements of Assets and Liabilities (unaudited) (continued)

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds

September 30, 2014

 

  

 

 

     

WisdomTree
Emerging

Markets Equity

Income Fund

    

WisdomTree
Emerging

Markets SmallCap

Dividend Fund

    

WisdomTree

Global Equity

Income Fund

    

WisdomTree

Global ex-U.S.

Dividend

Growth Fund

    

WisdomTree
Global ex-U.S.

Real Estate

Fund

 

ASSETS:

              

Investments, at cost

   $ 3,617,964,279       $ 1,858,869,635       $ 115,818,548       $ 65,871,449       $ 117,677,617   

Investment in affiliates, at cost (Note 8)

             67,598         164,882         42,377         214,607   

Foreign currency, at cost

     7,025,534         9,896,170         121,434         60,234         108,005   

Investments in securities, at value (including securities on loan) (Note 2)1

     3,480,233,496         2,006,903,140         134,401,230         70,412,415         124,973,355   

Investment in affiliates, at value (Note 8)

             61,779         161,266         42,122         202,618   

Cash

     5,621,845         54,790         55,378         54,232         95,403   

Foreign currency, at value

     7,014,705         9,885,910         120,063         59,773         107,375   

Unrealized appreciation on forward foreign currency contracts

     114                 116         1         119   

Receivables:

              

Dividends and interest

     9,009,390         3,871,705         315,278         84,877         283,813   

Investment securities sold

     9,759,771                 10,205                   

Foreign tax reclaims

     1,667                 111,821         81,849         15,646   

Total Assets

     3,511,640,988         2,020,777,324         135,175,357         70,735,269         125,678,329   

LIABILITIES:

              

Unrealized depreciation on forward foreign currency contracts

     2,004         463         56         66           

Payables:

              

Investment of cash collateral for securities loaned (Note 2)

     72,531,483         80,257,433         18,927,223         4,845,506         7,409,494   

Investment securities purchased

     40,029                 100,436         30,216         90,265   

Capital shares redeemed

     9,600,875                                   

Advisory fees (Note 3)

     1,947,077         1,051,970         57,437         31,020         62,245   

Service fees (Note 2)

     13,599         7,363         437         236         474   

Total Liabilities

     84,135,067         81,317,229         19,085,589         4,907,044         7,562,478   

NET ASSETS

   $ 3,427,505,921       $ 1,939,460,095       $ 116,089,768       $ 65,828,225       $ 118,115,851   

NET ASSETS:

              

Paid-in capital

   $ 4,286,222,384       $ 2,059,014,321       $ 124,413,279       $ 86,697,033       $ 171,016,848   

Undistributed (Distributions in excess of) net investment income

     7,841,960         (597,186      193,938         77,885         (6,385,583

Accumulated net realized loss on investments, forward foreign currency contracts and foreign currency related transactions

     (728,520,343      (266,801,803      (27,082,445      (25,481,130      (53,796,408

Net unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     (138,038,080      147,844,763         18,564,996         4,534,437         7,280,994   

NET ASSETS

   $ 3,427,505,921       $ 1,939,460,095       $ 116,089,768       $ 65,828,225       $ 118,115,851   

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     71,400,000         41,700,000         2,500,000         1,300,000         4,150,000   

Net asset value per share

   $ 48.00       $ 46.51       $ 46.44       $ 50.64       $ 28.46   
1 

Market value of securities out on loan were as follows: $227,138,789, $126,254,212, $20,533,748, $4,650,243 and $6,964,511, respectively.

 

See Notes to Financial Statements.

 

66   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Statements of Assets and Liabilities (unaudited) (concluded)

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds

September 30, 2014

 

  

 

 

     

WisdomTree

Global ex-U.S.

Utilities Fund

    

WisdomTree

Global Natural

Resources Fund

    

WisdomTree

India Earnings

Fund1

     WisdomTree
Middle East
Dividend Fund
 

ASSETS:

           

Investments, at cost

   $ 27,142,412       $ 30,371,691       $ 1,667,756,269       $ 45,460,534   

Investment in affiliates, at cost (Note 8)

     32,622         20,723                   

Foreign currency, at cost

     9,050         13,748         3,393,308         26,432   

Investments in securities, at value (including securities on loan) (Note 2)2

     26,928,107         26,779,558         1,987,024,338         57,526,853   

Investment in affiliates, at value (Note 8)

     31,095         19,707                   

Cash

     3,184         2,343         1,921,994         53,930   

Foreign currency, at value

     8,950         13,608         3,346,984         26,431   

Unrealized appreciation on forward foreign currency contracts

     7         13                   

Receivables:

           

Dividends and interest

     154,325         50,635         1,416,598         93,306   

Foreign tax reclaims

     14,483         12,330                   

Total Assets

     27,140,151         26,878,194         1,993,709,914         57,700,520   

LIABILITIES:

           

Unrealized depreciation on forward foreign currency contracts

     28                           

Payables:

           

Investment of cash collateral for securities loaned (Note 2)

     3,091,157         5,527,612                   

Investment securities purchased

                     99,702           

Advisory fees (Note 3)

     11,919         10,770         1,415,590         42,181   

Service fees (Note 2)

     91         82         7,504         211   

Total Liabilities

     3,103,195         5,538,464         1,522,796         42,392   

NET ASSETS

   $ 24,036,956       $ 21,339,730       $ 1,992,187,118       $ 57,658,128   

NET ASSETS:

           

Paid-in capital

   $ 50,038,901       $ 42,540,911       $ 2,015,878,586       $ 54,248,958   

Undistributed net investment income

     55,513         40,021         1,989,857         253,841   

Accumulated net realized loss on investments, forward foreign currency contracts and foreign currency related transactions

     (25,831,070      (17,645,619      (344,877,048      (8,910,158

Net unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     (226,388      (3,595,583      319,195,723         12,065,487   

NET ASSETS

   $ 24,036,956       $ 21,339,730       $ 1,992,187,118       $ 57,658,128   

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     1,250,000         1,050,000         90,600,000         2,400,000   

Net asset value per share

   $ 19.23       $ 20.32       $ 21.99       $ 24.02   
1 

Consolidated.

 

2 

Market value of securities out on loan were as follows: $3,005,350, $5,326,521, $0 and $0, respectively.

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      67   


Table of Contents

Statements of Operations (unaudited)

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds

For the Six Months Ended September 30, 2014

 

  

 

 

      WisdomTree
Asia Pacific
ex-Japan Fund
    

WisdomTree
China Dividend

ex-Financials

Fund

    

WisdomTree
Commodity

Country Equity
Fund

     WisdomTree
Emerging
Markets
Consumer
Growth Fund
     WisdomTree
Emerging
Markets
Dividend
Growth Fund
 

INVESTMENT INCOME:

              

Dividends1

   $ 1,369,087       $ 495,483       $ 547,915       $ 312,235       $ 495,950   

Dividends from affiliates (Note 8)

     1,164                 1,058                   

Interest

     3                 2         4         5   

Securities lending income (Note 2)

     7,220         15,510         25,064         2,629         2,846   

Total investment income

     1,377,474         510,993         574,039         314,868         498,801   

EXPENSES:

              

Advisory fees (Note 3)

     121,724         58,427         58,539         64,930         82,675   

Service fees (Note 2)

     1,116         408         444         454         577   

Proxy fees (Note 2)

     3,442         921         1,360         553         904   

Total expenses

     126,282         59,756         60,343         65,937         84,156   

Expense waivers (Note 3)

     (49              (71                

Net expenses

     126,233         59,756         60,272         65,937         84,156   

Net investment income

     1,251,241         451,237         513,767         248,931         414,645   

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

              

Net realized gain (loss) from:

              

Investment transactions

     421,919         (124,063      (265,180      (52,593      (87,338

Investment transactions in affiliates (Note 8)

     (5,502              (31                

In-kind redemptions

     760,414                 589,640                   

In-kind redemptions in affiliates (Note 8)

     16                 142                   

Forward foreign currency contracts and foreign currency related transactions

     (2,318      66         (1,818      (413      (2,214

Net realized gain (loss)

     1,174,529         (123,997      322,753         (53,006      (89,552

Net change in unrealized appreciation (depreciation) from:

              

Investment transactions2

     (132,869      882,259         (1,016,084      501,219         116,723   

Forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     (9,231      (75      (5,616      (972      (538

Net change in unrealized appreciation (depreciation)

     (142,100      882,184         (1,021,700      500,247         116,185   

Net realized and unrealized gain (loss) on investments

     1,032,429         758,187         (698,947      447,241         26,633   

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

   $ 2,283,670       $ 1,209,424       $ (185,180    $ 696,172       $ 441,278   
1 

Net of foreign withholding tax of $107,218, $40,419, $91,119, $35,295 and $66,912, respectively.

 

2 

Net of deferred foreign capital gain taxes of $0, $0, $0, $17,799 and $0, respectively.

 

See Notes to Financial Statements.

 

68   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Statements of Operations (unaudited) (continued)

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds

For the Six Months Ended September 30, 2014

  

 

 

     

WisdomTree
Emerging

Markets Equity

Income Fund

    

WisdomTree
Emerging

Markets SmallCap

Dividend Fund

    

WisdomTree
Global Equity

Income Fund

    

WisdomTree

Global ex-U.S.

Dividend

Growth Fund

    

WisdomTree

Global ex-U.S.

Real Estate

Fund

 

INVESTMENT INCOME:

              

Dividends1

   $ 135,630,244       $ 44,944,523       $ 3,211,521       $ 1,071,773       $ 3,843,773   

Dividends from affiliates (Note 8)

             85,983         9,588         4,310         4,911   

Securities lending income (Note 2)

     1,587,161         879,616         78,955         20,275         33,584   

Total investment income

     137,217,405         45,910,122         3,300,064         1,096,358         3,882,268   

EXPENSES:

              

Advisory fees (Note 3)

     12,258,448         6,092,658         356,239         185,673         382,719   

Service fees (Note 2)

     85,615         42,552         2,703         1,408         2,903   

Proxy fees (Note 2)

     185,467         71,791         5,326         2,702         7,151   

Total expenses

     12,529,530         6,207,001         364,268         189,783         392,773   

Expense waivers (Note 3)

             (14,366      (512      (294      (676

Net expenses

     12,529,530         6,192,635         363,756         189,489         392,097   

Net investment income

     124,687,875         39,717,487         2,936,308         906,869         3,490,171   

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

              

Net realized gain (loss) from:

              

Investment transactions

     (23,907,216      (13,322,113      386,184         118,785         54,047   

Investment transactions in affiliates (Note 8)

             111,058         (16,782      (2,934      260   

In-kind redemptions

     16,610,710         1,426,865         1,373,059                 5,157,189   

In-kind redemptions in affiliates (Note 8)

             1,619         98                 (702

Forward foreign currency contracts and foreign currency related transactions

     (587,275      (140,919      (7,002      (5,755      (5,069

Net realized gain (loss)

     (7,883,781      (11,923,490      1,735,557         110,096         5,205,725   

Net change in unrealized appreciation (depreciation) from:

              

Investment transactions

     (67,241,821      13,936,527         (4,263,446      (1,471,534      (2,115,242

Forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     (348,810      (230,107      (21,830      (9,046      (5,169

Net change in unrealized appreciation (depreciation)

     (67,590,631      13,706,420         (4,285,276      (1,480,580      (2,120,411

Net realized and unrealized gain (loss) on investments

     (75,474,412      1,782,930         (2,549,719      (1,370,484      3,085,314   

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

   $ 49,213,463       $ 41,500,417       $ 386,589       $ (463,615    $ 6,575,485   
1 

Net of foreign withholding tax of $17,934,774, $7,417,503, $276,109, $110,987 and $319,770, respectively.

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      69   


Table of Contents

Statements of Operations (unaudited) (concluded)

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds

For the Six Months Ended September 30, 2014

 

  

 

 

     

WisdomTree

Global ex-U.S.

Utilities Fund

     WisdomTree
Global Natural
Resources Fund
    

WisdomTree

India Earnings
Fund1

    

WisdomTree

Middle East

Dividend Fund

 

INVESTMENT INCOME:

           

Dividends2

   $ 806,201       $ 524,386       $ 18,106,661       $ 779,938   

Dividends from affiliates (Note 8)

     2,911         1,280                   

Interest

                             2,874   

Securities lending income (Note 2)

     25,080         19,116                   

Total investment income

     834,192         544,782         18,106,661         782,812   

EXPENSES:

           

Advisory fees (Note 3)

     73,123         68,055         6,420,052         291,593   

Service fees (Note 2)

     555         516         34,035         1,458   

Interest expense (Note 9)

                     102,633           

Proxy fees (Note 2)

     1,884         1,566         33,120         1,907   

Total expenses

     75,562         70,137         6,589,840         294,958   

Expense waivers (Note 3)

     (87      (36                

Net expenses

     75,475         70,101         6,589,840         294,958   

Net investment income

     758,717         474,681         11,516,821         487,854   

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

           

Net realized gain (loss) from:

           

Investment transactions

     (1,614      (6,793      54,297,798         (157

Investment transactions in affiliates (Note 8)

     (2,594      596                   

In-kind redemptions

     1,208,663                           

Forward foreign currency contracts and foreign currency related transactions

     (7,836      (2,154      (1,547,498      (97,791

Net realized gain (loss)

     1,196,619         (8,351      52,750,300         (97,948

Net change in unrealized appreciation (depreciation) from:

           

Investment transactions

     (1,598,965      (1,021,164      89,768,342         3,101,704   

Forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     (10,959      (3,280      (28,541      (724

Net change in unrealized appreciation (depreciation)

     (1,609,924      (1,024,444      89,739,801         3,100,980   

Net realized and unrealized gain (loss) on investments

     (413,305      (1,032,795      142,490,101         3,003,032   

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

   $ 345,412       $ (558,114    $ 154,006,922       $ 3,490,886   
1 

Consolidated.

 

2 

Net of foreign withholding tax of $99,397, $57,478, $0 and $68,302, respectively.

 

See Notes to Financial Statements.

 

70   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Statements of Changes in Net Assets

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds

 

 

  

 

 

    

WisdomTree

Asia Pacific ex-Japan Fund

   

WisdomTree

China Dividend ex-Financials Fund

   

WisdomTree

Commodity Country Equity Fund

 
    

For the

Six Months Ended

September 30, 2014

(unaudited)

   

For the

Period Ended

March 31, 2014

   

For the

Six Months Ended

September 30, 2014

(unaudited)

   

For the

Period Ended

March 31, 2014

   

For the

Six Months Ended

September 30, 2014

(unaudited)

   

For the

Period Ended

March 31, 2014

 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

   

         

Net investment income

  $ 1,251,241      $ 2,529,926      $ 451,237      $ 697,375      $ 513,767      $ 842,377   

Net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions

    1,174,529        485,059        (123,997     (1,087,573     322,753        (908,730

Net change in unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (142,100     (5,832,833     882,184        (754,712     (1,021,700     (83,276

Net increase (decrease) in net assets resulting from operations

    2,283,670        (2,817,848     1,209,424        (1,144,910     (185,180     (149,629

DIVIDENDS:

           

Net investment income

    (1,216,005     (2,489,523     (280,004     (717,428     (553,011     (815,003

CAPITAL SHARE TRANSACTIONS:

           

Cost of shares redeemed

    (6,805,857     (38,300,577            (17,073,389     (4,728,140     (1,512,206

Net Increase (Decrease) in Net Assets

    (5,738,192     (43,607,948     929,420        (18,935,727     (5,466,331     (2,476,838

NET ASSETS:

           

Beginning of period

  $ 52,578,639      $ 96,186,587      $ 17,395,655      $ 36,331,382      $ 21,522,137      $ 23,998,975   

End of period

  $ 46,840,447      $ 52,578,639      $ 18,325,075      $ 17,395,655      $ 16,055,806      $ 21,522,137   

Undistributed (Distributions in excess of) net investment income included in net assets at end of period

  $ 58,384      $ 23,148      $ 145,504      $ (25,729   $ 40,415      $ 79,659   

SHARES CREATED AND REDEEMED:

           

Shares outstanding, beginning of period

    800,000        1,400,000        350,000        700,002        700,000        750,000   

Shares created

                                         

Shares redeemed

    (100,000     (600,000            (350,002     (150,000     (50,000

Shares outstanding, end of period

    700,000        800,000        350,000        350,000        550,000        700,000   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      71   


Table of Contents

Statements of Changes in Net Assets (continued)

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds

 

 

  

 

 

    

WisdomTree

Emerging Markets Consumer Growth Fund

   

WisdomTree

Emerging Markets Dividend Growth Fund

   

WisdomTree

Emerging Markets Equity Income Fund

 
    

For the

Six Months Ended

September 30, 2014

(unaudited)

   

For the Period

September 27, 2013*

through

March 31, 2014

   

For the

Six Months Ended

September 30, 2014
(unaudited)

   

For the Period

August 1, 2013*

through

March 31, 2014

   

For the

Six Months Ended

September 30, 2014

(unaudited)

   

For the

Period Ended

March 31, 2014

 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

   

         

Net investment income

  $ 248,931      $ 86,756      $ 414,645      $ 216,062      $ 124,687,875      $ 205,421,038   

Net realized loss on investments, forward foreign currency contracts and foreign currency related transactions

    (53,006     (28,862     (89,552     (78,736     (7,883,781     (286,034,186

Net change in unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    500,247        188,764        116,185        209,578        (67,590,631     (311,092,877

Net increase (decrease) in net assets resulting from operations

    696,172        246,658        441,278        346,904        49,213,463        (391,706,025

DIVIDENDS:

           

Net investment income

    (268,000     (42,861     (438,004     (158,839     (124,594,628     (205,548,331

CAPITAL SHARE TRANSACTIONS:

           

Net proceeds from sale of shares

           19,443,684        10,713,964        19,751,405               673,784,277   

Cost of shares redeemed

           (94            (96     (385,967,119     (1,662,744,077

Net increase (decrease) in net assets resulting from capital share transactions

           19,443,590        10,713,964        19,751,309        (385,967,119     (988,959,800

Net Increase (Decrease) in Net Assets

    428,172        19,647,387        10,717,238        19,939,374        (461,348,284     (1,586,214,156

NET ASSETS:

           

Beginning of period

  $ 19,647,487      $ 100      $ 19,939,474      $ 100      $ 3,888,854,205      $ 5,475,068,361   

End of period

  $ 20,075,659      $ 19,647,487      $ 30,656,712      $ 19,939,474      $ 3,427,505,921      $ 3,888,854,205   

Undistributed net investment income included in net assets at end of period

  $ 35,862      $ 54,931      $ 41,494      $ 64,853      $ 7,841,960      $ 7,748,713   

SHARES CREATED AND REDEEMED:

           

Shares outstanding, beginning of period

    800,000        4        800,000        4        79,000,000        99,900,000   

Shares created

           800,000        400,000        800,000               13,300,000   

Shares redeemed

           (4            (4     (7,600,000     (34,200,000

Shares outstanding, end of period

    800,000        800,000        1,200,000        800,000        71,400,000        79,000,000   
* Commencement of operations.

 

See Notes to Financial Statements.

 

72   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Statements of Changes in Net Assets (continued)

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds

 

 

  

 

 

    

WisdomTree

Emerging Markets SmallCap Dividend Fund

   

WisdomTree

Global Equity Income Fund

   

WisdomTree

Global ex-U.S. Dividend Growth Fund

 
    

For the

Six Months Ended

September 30, 2014

(unaudited)

   

For the

Period Ended

March 31, 2014

   

For the

Six Months Ended

September 30, 2014

(unaudited)

   

For the

Period Ended

March 31, 2014

   

For the

Six Months Ended

September 30, 2014

(unaudited)

   

For the

Period Ended
March 31, 2014

 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

   

         

Net investment income

  $ 39,717,487      $ 49,362,809      $ 2,936,308      $ 5,216,677      $ 906,869      $ 1,879,048   

Net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions

    (11,923,490     (55,875,271     1,735,557        (4,113,299     110,096        (1,376,995

Net change in unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    13,706,420        (86,026,596     (4,285,276     12,797,532        (1,480,580     (135,134

Net increase (decrease) in net assets resulting from operations

    41,500,417        (92,539,058     386,589        13,900,910        (463,615     366,919   

DIVIDENDS:

           

Net investment income

    (42,247,311     (54,318,601     (2,999,000     (5,168,178     (995,012     (1,834,214

CAPITAL SHARE TRANSACTIONS:

           

Net proceeds from sale of shares

    135,540,366        593,919,699               11,320,726        5,275,266        4,797,457   

Cost of shares redeemed

    (9,659,912     (106,834,506     (4,824,322                   (29,295,190

Net increase (decrease) in net assets resulting from capital share transactions

    125,880,454        487,085,193        (4,824,322     11,320,726        5,275,266        (24,497,733

Net Increase (Decrease) in Net Assets

    125,133,560        340,227,534        (7,436,733     20,053,458        3,816,639        (25,965,028

NET ASSETS:

           

Beginning of period

  $ 1,814,326,535      $ 1,474,099,001      $ 123,526,501      $ 103,473,043      $ 62,011,586      $ 87,976,614   

End of period

  $ 1,939,460,095      $ 1,814,326,535      $ 116,089,768      $ 123,526,501      $ 65,828,225      $ 62,011,586   

Undistributed (Distributions in excess of) net investment income included in net assets at end of period

  $ (597,186   $ 1,932,638      $ 193,938      $ 256,630      $ 77,885      $ 166,028   

SHARES CREATED AND REDEEMED:

           

Shares outstanding, beginning of period

    39,100,000        28,800,000        2,600,000        2,350,000        1,200,000        1,700,000   

Shares created

    2,800,000        12,600,000               250,000        100,000        100,000   

Shares redeemed

    (200,000     (2,300,000     (100,000                   (600,000

Shares outstanding, end of period

    41,700,000        39,100,000        2,500,000        2,600,000        1,300,000        1,200,000   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      73   


Table of Contents

Statements of Changes in Net Assets (continued)

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds

 

 

  

 

 

    

WisdomTree

Global ex-U.S. Real Estate Fund

   

WisdomTree

Global ex-U.S. Utilities Fund

   

WisdomTree

Global Natural Resources Fund

 
    

For the

Six Months Ended

September 30, 2014

(unaudited)

   

For the

Period Ended

March 31, 2014

   

For the

Six Months Ended

September 30, 2014

(unaudited)

   

For the

Period Ended

March 31, 2014

   

For the

Six Months Ended

September 30, 2014

(unaudited)

   

For the

Period Ended

March 31, 2014

 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

   

         

Net investment income

  $ 3,490,171      $ 4,233,371      $ 758,717      $ 1,398,657      $ 474,681      $ 809,684   

Net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions

    5,205,725        444,958        1,196,619        (2,837,011     (8,351     (1,920,540

Net change in unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (2,120,411     (8,262,076     (1,609,924     5,329,144        (1,024,444     357,387   

Net increase (decrease) in net assets resulting from operations

    6,575,485        (3,583,747     345,412        3,890,790        (558,114     (753,469

DIVIDENDS AND DISTRIBUTIONS:

           

Net investment income

    (3,124,050     (4,770,599     (735,004     (1,422,728     (485,006     (785,058

Return of capital

           (401,422                            

Total dividends and distributions

    (3,124,050     (5,172,021     (735,004     (1,422,728     (485,006     (785,058

CAPITAL SHARE TRANSACTIONS:

           

Net proceeds from sale of shares

    9,014,831        26,922,169        1,019,963        893,648                 

Cost of shares redeemed

    (22,074,338     (4,073,300     (6,840,789     (10,548,693            (1,042,425

Net increase (decrease) in net assets resulting from capital share transactions

    (13,059,507     22,848,869        (5,820,826     (9,655,045            (1,042,425

Net Increase (Decrease) in Net Assets

    (9,608,072     14,093,101        (6,210,418     (7,186,983     (1,043,120     (2,580,952

NET ASSETS:

           

Beginning of period

  $ 127,723,923      $ 113,630,822      $ 30,247,374      $ 37,434,357      $ 22,382,850      $ 24,963,802   

End of period

  $ 118,115,851      $ 127,723,923      $ 24,036,956      $ 30,247,374      $ 21,339,730      $ 22,382,850   

Undistributed (Distributions in excess of) net investment income included in net assets at end of period

  $ (6,385,583   $ (6,751,704   $ 55,513      $ 31,800      $ 40,021      $ 50,346   

SHARES CREATED AND REDEEMED:

           

Shares outstanding, beginning of period

    4,600,000        3,800,000        1,550,000        2,100,000        1,050,000        1,100,000   

Shares created

    300,000        950,000        50,000        50,000                 

Shares redeemed

    (750,000     (150,000     (350,000     (600,000            (50,000

Shares outstanding, end of period

    4,150,000        4,600,000        1,250,000        1,550,000        1,050,000        1,050,000   

 

See Notes to Financial Statements.

 

74   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Statements of Changes in Net Assets (concluded)

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds

 

 

  

 

 

     

WisdomTree

India Earnings Fund1

    

WisdomTree

Middle East Dividend Fund

 
     

For the

Six Months Ended

September 30, 2014

(unaudited)

    

For the

Year Ended

March 31, 2014

    

For the

Six Months Ended

September 30, 2014

(unaudited)

    

For the

Period Ended

March 31, 2014

 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

           

Net investment income

   $ 11,516,821       $ 13,634,279       $ 487,854       $ 1,664,031   

Net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions

     52,750,300         (132,148,355      (97,948      203,740   

Net change in unrealized appreciation on investments and translation of assets and liabilities denominated in foreign currencies

     89,739,801         192,991,984         3,100,980         7,294,584   

Net increase (decrease) in net assets resulting from operations

     154,006,922         74,477,908         3,490,886         9,162,355   

DIVIDENDS:

           

Net investment income

     (10,397,856      (11,794,964      (735,240      (1,267,094

CAPITAL SHARE TRANSACTIONS:

           

Net proceeds from sale of shares

     927,836,073         253,828,101         28,045,920         31,324,349   

Cost of shares redeemed

     (18,321,662      (448,521,614      (26,860,549        

Net increase (decrease) in net assets resulting from capital share transactions

     909,514,411         (194,693,513      1,185,371         31,324,349   

Net Increase (Decrease) in Net Assets

     1,053,123,477         (132,010,569      3,941,017         39,219,610   

NET ASSETS:

           

Beginning of period

   $ 939,063,641       $ 1,071,074,210       $ 53,717,111       $ 14,497,501   

End of period

   $ 1,992,187,118       $ 939,063,641       $ 57,658,128       $ 53,717,111   

Undistributed net investment income included in net assets at end of period

   $ 1,989,857       $ 870,892       $ 253,841       $ 501,227   

SHARES CREATED AND REDEEMED:

           

Shares outstanding, beginning of period

     49,600,000         59,600,000         2,400,000         900,000   

Shares created

     41,800,000         16,800,000         1,200,000         1,500,000   

Shares redeemed

     (800,000      (26,800,000      (1,200,000        

Shares outstanding, end of period

     90,600,000         49,600,000         2,400,000         2,400,000   
1 

Consolidated.

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      75   


Table of Contents

Financial Highlights

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds

 

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree Asia Pacific
ex-Japan Fund
 

For the
Six Months Ended
September 30, 2014

(unaudited)

    For the
Period Ended
March 31, 2014
    For the
Period Ended
March 28, 2013
    For the
Year Ended
March 31, 20121
    For the
Year Ended
March 31, 2011
    For the
Year Ended
March 31, 2010
 

Net asset value, beginning of period

  $ 65.72      $ 68.70      $ 64.05      $ 67.99      $ 61.40      $ 37.09   

Investment operations:

           

Net investment income2

    1.72        2.25        2.27        2.14        2.51        1.79   

Net realized and unrealized gain (loss)

    1.21        (3.01     4.65        (3.85     6.59        24.23   

Total from investment operations

    2.93        (0.76     6.92        (1.71     9.10        26.02   

Dividends to shareholders:

           

Net investment income

    (1.74     (2.22     (2.27     (2.23     (2.51     (1.71

Net asset value, end of period

  $ 66.91      $ 65.72      $ 68.70      $ 64.05      $ 67.99      $ 61.40   

TOTAL RETURN3

    4.41     (0.98 )%      11.18     (2.22 )%      15.33     70.97

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 46,840      $ 52,579      $ 96,187      $ 89,672      $ 88,388      $ 89,033   

Ratios to average net assets4 of:

           

Expenses, net of expense waivers

    0.49 %5,6      0.48 %5      0.48 %5      0.48     0.48     0.48

Expenses, prior to expense waivers

    0.49 %5,6      0.48 %5      0.48 %5      0.48     0.48     0.48

Net investment income

    4.93 %5      3.35 %5      3.53 %5      3.42     4.05     3.11

Portfolio turnover rate7

    3     21     26     60     27     18

 

       
WisdomTree China Dividend ex-Financials Fund   

For the
Six Months Ended
September 30, 2014

(unaudited)

     For the
Period Ended
March 31, 2014
     For the Period
September 19, 2012*
through
March 28, 2013
 

Net asset value, beginning of period

   $ 49.70       $ 51.90       $ 50.02   

Investment operations:

        

Net investment income (loss)2

     1.29         1.39         (0.14

Net realized and unrealized gain (loss)

     2.17         (2.15      2.02   

Total from investment operations

     3.46         (0.76      1.88   

Dividends to shareholders:

        

Net investment income

     (0.80      (1.44        

Net asset value, end of period

   $ 52.36       $ 49.70       $ 51.90   

TOTAL RETURN3

     6.96      (1.32 )%       3.76

RATIOS/SUPPLEMENTAL DATA:

        

Net assets, end of period (000’s omitted)

   $ 18,325       $ 17,396       $ 36,331   

Ratios to average net assets of:

        

Expenses

     0.64 %5,8       0.63 %5       0.63 %5 

Net investment income (loss)

     4.87 %5       2.75 %5       (0.51 )%5 

Portfolio turnover rate7

     3      21      0
* Commencement of operations.

 

1 

The information reflects the investment objective and strategy of the WisdomTree Pacific ex-Japan Total Dividend Fund through June 19, 2011 and the investment objective and strategy of the WisdomTree Asia Pacific ex-Japan Fund thereafter.

 

2 

Based on average shares outstanding.

 

3 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. The total return would have been lower for the WisdomTree Asia Pacific ex-Japan Fund if certain expenses had not been reimbursed/waived by the investment adviser (Notes 2 and 3).

 

4 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

5 

Annualized.

 

6 

Included in the expense ratio are non-recurring proxy expenses that were incurred during the period (which are not annualized). Without these proxy expenses, the expense ratio (net of expense waivers) would have been 0.48% and the expense ratio (prior to expense waivers) would have been 0.48%.

 

7 

Portfolio turnover rate is not annualized 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 portfolio turnover calculation.

 

8 

Included in the expense ratio are non-recurring proxy expenses that were incurred during the period (which are not annualized). Without these proxy expenses, the annualized expense ratio would have been 0.63%.

 

See Notes to Financial Statements.

 

76   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Financial Highlights (continued)

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds

 

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree Commodity Country
Equity Fund
 

For the
Six Months Ended
September 30, 2014

(unaudited)

    For the
Period Ended
March 31, 2014
    For the
Period Ended
March 28, 2013
    For the
Year Ended
March 31, 20121
    For the
Year Ended
March 31, 2011
    For the
Year Ended
March 31, 2010
 

Net asset value, beginning of period

  $ 30.75      $ 32.00      $ 31.44      $ 33.21      $ 28.90      $ 16.04   

Investment operations:

           

Net investment income2

    0.81        1.14        1.13        1.09        0.53        0.47   

Net realized and unrealized gain (loss)

    (1.46     (1.29     0.56        (1.76     4.33        12.80   

Total from investment operations

    (0.65     (0.15     1.69        (0.67     4.86        13.27   

Dividends to shareholders:

           

Net investment income

    (0.91     (1.10     (1.13     (1.10     (0.55     (0.41

Net asset value, end of period

  $ 29.19      $ 30.75      $ 32.00      $ 31.44      $ 33.21      $ 28.90   

TOTAL RETURN3

    (2.31 )%      (0.22 )%      5.72     (1.77 )%      17.31     83.44

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 16,056      $ 21,522      $ 23,999      $ 31,439      $ 43,172      $ 49,137   

Ratios to average net assets4 of:

           

Expenses, net of expense waivers

    0.59 %5,6      0.58 %5      0.58 %5      0.58     0.58     0.58

Expenses, prior to expense waivers

    0.59 %5,6      0.58 %5      0.58 %5      0.58     0.58     0.58

Net investment income

    5.09 %5      3.75 %5      3.71 %5      3.52     1.86     1.91

Portfolio turnover rate7

    3     23     22     116     35     25

 

     
WisdomTree Emerging Markets Consumer Growth Fund   

For the
Six Months Ended
September 30, 2014

(unaudited)

     For the Period
September 27, 2013*
through
March 31, 2014
 

Net asset value, beginning of period

   $ 24.56       $ 24.79   

Investment operations:

     

Net investment income2

     0.31         0.17   

Net realized and unrealized gain (loss)

     0.56         (0.33

Total from investment operations

     0.87         (0.16

Dividends to shareholders:

     

Net investment income

     (0.34      (0.07

Net asset value, end of period

   $ 25.09       $ 24.56   

TOTAL RETURN3

     3.51      (0.63 )% 

RATIOS/SUPPLEMENTAL DATA:

     

Net assets, end of period (000’s omitted)

   $ 20,076       $ 19,647   

Ratios to average net assets4 of:

     

Expenses

     0.64 %5,8       0.63 %5 

Net investment income

     2.42 %5       1.46 %5 

Portfolio turnover rate7

     1      7
* Commencement of operations.

 

1 

The information reflects the investment objective and strategy of the WisdomTree International Basic Materials Sector Fund through June 19, 2011 and the investment objective and strategy of the WisdomTree Commodity Country Equity Fund thereafter.

 

2 

Based on average shares outstanding.

 

3 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. The total return would have been lower for the WisdomTree Commodity Country Equity Fund if certain expenses had not been reimbursed/waived by the investment adviser (Notes 2 and 3).

 

4 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

5 

Annualized.

 

6 

Included in the expense ratio are non-recurring proxy expenses that were incurred during the period (which are not annualized). Without these proxy expenses, the expense ratio (net of expense waivers) would have been 0.58% and the expense ratio (prior to expense waivers) would have been 0.58%.

 

7 

Portfolio turnover rate is not annualized 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 portfolio turnover calculation.

 

8 

Included in the expense ratio are non-recurring proxy expenses that were incurred during the period (which are not annualized). Without these proxy expenses, the annualized expense ratio would have been 0.63%.

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      77   


Table of Contents

Financial Highlights (continued)

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds

 

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree Emerging Markets Dividend Growth Fund  

For the
Six Months Ended
September 30, 2014

(unaudited)

    For the Period
August 1, 2013*
through
March 31, 2014
 

Net asset value, beginning of period

  $ 24.92      $ 25.22   

Investment operations:

   

Net investment income1

    0.42        0.33   

Net realized and unrealized gain (loss)

    0.65        (0.42

Total from investment operations

    1.07        (0.09

Dividends to shareholders:

   

Net investment income

    (0.44     (0.21

Net asset value, end of period

  $ 25.55      $ 24.92   

TOTAL RETURN2

    4.27     (0.33 )% 

RATIOS/SUPPLEMENTAL DATA:

   

Net assets, end of period (000’s omitted)

  $ 30,657      $ 19,939   

Ratios to average net assets6 of:

   

Expenses

    0.64 %3,4      0.63 %3 

Net investment income

    3.16 %3      2.03 %3 

Portfolio turnover rate5

    2     3

 

             
WisdomTree Emerging Markets
Equity Income Fund
 

For the
Six Months Ended
September 30, 2014

(unaudited)

    For the
Period Ended
March 31, 2014
    For the
Period Ended
March 28, 2013
    For the
Year Ended
March 31, 2012
    For the
Year Ended
March 31, 2011
    For the
Year Ended
March 31, 2010
 

Net asset value, beginning of period

  $ 49.23      $ 54.81      $ 57.34      $ 60.51      $ 52.02      $ 31.11   

Investment operations:

           

Net investment income1

    1.65        2.16        1.78        2.25        1.89        1.48   

Net realized and unrealized gain (loss)

    (1.18     (5.60     (2.50     (3.11     8.55        21.00   

Total from investment operations

    0.47        (3.44     (0.72     (0.86     10.44        22.48   

Dividends to shareholders:

           

Net investment income

    (1.70     (2.14     (1.81     (2.31     (1.95     (1.57

Net asset value, end of period

  $ 48.00      $ 49.23      $ 54.81      $ 57.34      $ 60.51      $ 52.02   

TOTAL RETURN2

    0.84     (6.22 )%      (1.05 )%      (1.03 )%      20.75     73.33

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 3,427,506      $ 3,888,854      $ 5,475,068      $ 3,640,891      $ 1,325,257      $ 540,990   

Ratios to average net assets6 of:

           

Expenses, net of expense waivers

    0.64 %3,7      0.63 %3      0.63 %3      0.63     0.63     0.63

Expenses, prior to expense waivers

    0.64 %3,7      0.63 %3      0.63 %3      0.63     0.63     0.63

Net investment income

    6.41 %3      4.20 %3      3.32 %3      4.12     3.47     3.26

Portfolio turnover rate5

    4     39     47     37     33     44
* Commencement of operations.

 

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. The total return would have been lower for the WisdomTree Emerging Markets Equity Income Fund if certain expenses had not been reimbursed/waived by the investment adviser (Notes 2 and 3).

 

3 

Annualized.

 

4 

Included in the expense ratio are non-recurring proxy expenses that were incurred during the period (which are not annualized). Without these proxy expenses, the annualized expense ratio would have been 0.63%.

 

5 

Portfolio turnover rate is not annualized 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 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 

Included in the expense ratio are non-recurring proxy expenses that were incurred during the period (which are not annualized). Without these proxy expenses, the expense ratio (net of expense waivers) would have been 0.63% and the expense ratio (prior to expense waivers) would have been 0.63%.

 

See Notes to Financial Statements.

 

78   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Financial Highlights (continued)

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds

 

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree Emerging Markets
SmallCap Dividend Fund
 

For the
Six Months Ended
September 30, 2014

(unaudited)

    For the
Period Ended
March 31, 2014
    For the
Period Ended
March 28, 2013
    For the
Year Ended
March 31, 2012
    For the
Year Ended
March 31, 2011
    For the
Year Ended
March 31, 2010
 

Net asset value, beginning of period

  $ 46.40      $ 51.18      $ 47.80      $ 53.30      $ 44.51      $ 24.62   

Investment operations:

           

Net investment income1

    0.99        1.40        1.15        1.47        1.32        1.02   

Net realized and unrealized gain (loss)

    0.16        (4.57     3.69        (5.31     8.86        20.00   

Total from investment operations

    1.15        (3.17     4.84        (3.84     10.18        21.02   

Dividends to shareholders:

           

Net investment income

    (1.04     (1.61     (1.46     (1.66     (1.39     (1.13

Net asset value, end of period

  $ 46.51      $ 46.40      $ 51.18      $ 47.80      $ 53.30      $ 44.51   

TOTAL RETURN2

    2.43     (6.08 )%      10.58     (6.88 )%      23.38     86.26

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 1,939,460      $ 1,814,327      $ 1,474,099      $ 1,022,868      $ 927,463      $ 342,754   

Ratios to average net assets3 of:

           

Expenses, net of expense waivers

    0.64 %4,5      0.63 %4      0.63 %4      0.63 %6      0.63 %6      0.63 %6 

Expenses, prior to expense waivers

    0.64 %4,5      0.63 %4      0.63 %4      0.63     0.63     0.63

Net investment income

    4.11 %4      2.96 %4      2.49 %4      3.13     2.68     2.59

Portfolio turnover rate7

    5     26     44     53     35     38

 

             
WisdomTree Global Equity Income
Fund
 

For the
Six Months Ended
September 30, 2014

(unaudited)

    For the
Period Ended
March 31, 2014
    For the
Period Ended
March 28, 2013
    For the
Year Ended
March 31, 2012
    For the
Year Ended
March 31, 2011
    For the
Year Ended
March 31, 20108
 

Net asset value, beginning of period

  $ 47.51      $ 44.03      $ 41.50      $ 44.66      $ 40.99      $ 26.84   

Investment operations:

           

Net investment income1

    1.17        2.11        1.68        1.86        1.52        2.07   

Net realized and unrealized gain (loss)

    (1.04     3.46        2.51        (3.14     3.63        14.28   

Total from investment operations

    0.13        5.57        4.19        (1.28     5.15        16.35   

Dividends to shareholders:

           

Net investment income

    (1.20     (2.09     (1.66     (1.88     (1.48     (2.20

Net asset value, end of period

  $ 46.44      $ 47.51      $ 44.03      $ 41.50      $ 44.66      $ 40.99   

TOTAL RETURN2

    0.17     13.13     10.51     (2.70 )%      13.12     62.13

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 116,090      $ 123,527      $ 103,473      $ 91,304      $ 78,147      $ 43,042   

Ratios to average net assets3 of:

           

Expenses, net of expense waivers

    0.59 %4,5      0.58 %4      0.58 %4      0.58     0.58     0.26 %9 

Expenses, prior to expense waivers

    0.59 %4,5      0.58 %4      0.58 %4      0.58     0.58     0.58

Net investment income

    4.78 %4      4.60 %4      4.10 %4      4.53     3.74     5.49

Portfolio turnover rate7

    3     25     32     25     35     94
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. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Notes 2 and 3).

 

3 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

4 

Annualized.

 

5 

Included in the expense ratio are non-recurring proxy expenses that were incurred during the period (which are not annualized). Without these proxy expenses, the expense ratio (net of expense waivers) would have been 0.63% and 0.58%, and the expense ratio (prior to expense waivers) would have been 0.63% and 0.58%, for WisdomTree Emerging Markets SmallCap Dividend Fund and WisdomTree Global Equity Income Fund, respectively.

 

6 

Reflects the Fund’s advisory fees, after waiver, and the fees and expenses of the WisdomTree India Earnings Fund that were paid indirectly by the Fund. The Fund invests a portion of its assets in the WisdomTree India Earnings Fund in order to achieve exposure to securities in India.

 

7 

Portfolio turnover rate is not annualized 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 portfolio turnover calculation.

 

8 

The information reflects the investment objective and strategy of the WisdomTree Europe Equity Income Fund through June 19, 2009 and the investment objective and strategy of the WisdomTree Global Equity Income Fund thereafter.

 

9 

Reflects the Fund’s advisory fees, after waiver, and the fees and expenses of the underlying funds that were paid indirectly by the Fund during the period when Fund operated as a “funds of funds”.

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      79   


Table of Contents

Financial Highlights (continued)

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds

 

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree Global ex-U.S.
Dividend Growth Fund
 

For the
Six Months Ended
September 30, 2014

(unaudited)

    For the
Period Ended
March 31, 2014
    For the
Period Ended
March 28, 2013
    For the
Year Ended
March 31, 2012
    For the
Year Ended
March 31, 2011
    For the
Year Ended
March 31, 20101
 

Net asset value, beginning of period

  $ 51.68      $ 51.75      $ 50.70      $ 54.94      $ 49.61      $ 35.41   

Investment operations:

           

Net investment income2

    0.75        1.38        1.34        1.39        1.41        1.11   

Net realized and unrealized gain (loss)

    (0.99     (0.19     1.08        (4.32     5.22        14.94   

Total from investment operations

    (0.24     1.19        2.42        (2.93     6.63        16.05   

Dividends to shareholders:

           

Net investment income

    (0.80     (1.26     (1.37     (1.31     (1.30     (1.85

Net asset value, end of period

  $ 50.64      $ 51.68      $ 51.75      $ 50.70      $ 54.94      $ 49.61   

TOTAL RETURN3

    (0.52 )%      2.53     5.03     (5.20 )%      13.67     46.04

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 65,828      $ 62,012      $ 87,977      $ 55,774      $ 49,446      $ 24,805   

Ratios to average net assets4 of:

           

Expenses, net of expense waivers

    0.59 %5,6      0.58 %5      0.58 %5      0.58 %7      0.57 %7      0.58 %7 

Expenses, prior to expense waivers

    0.59 %5,6      0.58 %5      0.58 %5      0.58     0.58     0.58

Net investment income

    2.83 %5      2.73 %5      2.72 %5      2.73     2.80     2.54

Portfolio turnover rate8

    2     93     59     28     68     121

 

             
WisdomTree Global ex-U.S. Real
Estate Fund
 

For the
Six Months Ended
September 30, 2014

(unaudited)

    For the
Period Ended
March 31, 2014
    For the
Period Ended
March 28, 2013
    For the
Year Ended
March 31, 20129
    For the
Year Ended
March 31, 2011
    For the
Year Ended
March 31, 2010
 

Net asset value, beginning of period

  $ 27.77      $ 29.90      $ 26.40      $ 28.86      $ 26.75      $ 16.92   

Investment operations:

           

Net investment income2

    0.79        0.96        0.97        1.15        0.96        0.96   

Net realized and unrealized gain (loss)

    0.62        (1.84     4.87        (2.32     3.83        11.39   

Total from investment operations

    1.41        (0.88     5.84        (1.17     4.79        12.35   

Dividends and distributions to shareholders:

           

Net investment income

    (0.72     (1.17     (2.34     (1.21     (2.68     (2.52

Return of capital

           (0.08            (0.08              

Total dividends and distributions to shareholders

    (0.72     (1.25     (2.34     (1.29     (2.68     (2.52

Net asset value, end of period

  $ 28.46      $ 27.77      $ 29.90      $ 26.40      $ 28.86      $ 26.75   

TOTAL RETURN3

    5.00     (2.70 )%      22.62     (3.99 )%      18.81     74.20

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 118,116      $ 127,724      $ 113,631      $ 108,221      $ 122,670      $ 84,276   

Ratios to average net assets4 of:

           

Expenses, net of expense waivers

    0.59 %5,6      0.58 %5      0.58 %5      0.58     0.58     0.58

Expenses, prior to expense waivers

    0.59 %5,6      0.58 %5      0.58 %5      0.58     0.58     0.58

Net investment income

    5.29 %5      3.37 %5      3.42 %5      4.36     3.48     3.76

Portfolio turnover rate8

    7     18     23     43     18     19
1 

The information reflects the investment objective and strategy of the WisdomTree World ex-U.S. Growth Fund through June 19, 2011 and the investment objective and strategy of the WisdomTree Global ex-U.S. Dividend Growth Fund thereafter.

 

2 

Based on average shares outstanding.

 

3 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Notes 2 and 3).

 

4 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

5 

Annualized.

 

6 

Included in the expense ratio are non-recurring proxy expenses that were incurred during the period (which are not annualized). Without these proxy expenses, the expense ratio (net of expense waivers) would have been 0.58% and the expense ratio (prior to expense waivers) would have been 0.58% for both WisdomTree Global ex-U.S. Dividend Growth Fund and WisdomTree Global ex-U.S. Real Estate Fund.

 

7 

Reflects the Fund’s advisory fees, after waiver, and the fees and expenses of the WisdomTree India Earnings Fund that were paid indirectly by the Fund. The Fund invests a portion of its assets in the WisdomTree India Earnings Fund in order to achieve exposure to securities in India.

 

8 

Portfolio turnover rate is not annualized 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 portfolio turnover calculation.

 

9 

The information reflects the investment objective and strategy of the WisdomTree International Real Estate Fund through June 19, 2011 and the investment objective and strategy of the WisdomTree Global ex-U.S. Real Estate Fund thereafter.

 

See Notes to Financial Statements.

 

80   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Financial Highlights (continued)

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds

 

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree Global ex-U.S. Utilities
Fund
 

For the
Six Months Ended
September 30, 2014

(unaudited)

    For the
Period Ended
March 31, 2014
    For the
Period Ended
March 28, 2013
    For the
Year Ended
March 31, 20121
    For the
Year Ended
March 31, 2011
    For the
Year Ended
March 31, 2010
 

Net asset value, beginning of period

  $ 19.51      $ 17.83      $ 18.90      $ 21.33      $ 21.46      $ 17.78   

Investment operations:

           

Net investment income2

    0.61        0.76        0.74        0.87        0.84        0.87   

Net realized and unrealized gain (loss)

    (0.29     1.69        (1.07     (2.45     (0.06     3.77   

Total from investment operations

    0.32        2.45        (0.33     (1.58     0.78        4.64   

Dividends to shareholders:

           

Net investment income

    (0.60     (0.77     (0.74     (0.85     (0.91     (0.96

Net asset value, end of period

  $ 19.23      $ 19.51      $ 17.83      $ 18.90      $ 21.33      $ 21.46   

TOTAL RETURN3

    1.55     14.34     (1.54 )%      (7.41 )%      4.27     26.42

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 24,037      $ 30,247      $ 37,434      $ 30,241      $ 37,335      $ 49,348   

Ratios to average net assets4 of:

           

Expenses, net of expense waivers

    0.59 %5,6      0.58 %5      0.58 %5      0.58     0.58     0.58

Expenses, prior to expense waivers

    0.59 %5,6      0.58 %5      0.58 %5      0.58     0.58     0.58

Net investment income

    6.02 %5      4.18 %5      4.21 %5      4.48     4.22     4.17

Portfolio turnover rate7

    6     37     33     66     19     17

 

             
WisdomTree Global Natural
Resources Fund
 

For the
Six Months Ended
September 30, 2014

(unaudited)

    For the
Period Ended
March 31, 2014
    For the
Period Ended
March 28, 2013
    For the
Year Ended
March 31, 20128
    For the
Year Ended
March 31, 2011
    For the
Year Ended
March 31, 2010
 

Net asset value, beginning of period

  $ 21.32      $ 22.69      $ 25.16      $ 29.86      $ 24.63      $ 18.61   

Investment operations:

           

Net investment income2

    0.45        0.74        0.80        0.93        0.72        0.80   

Net realized and unrealized gain (loss)

    (0.99     (1.39     (2.45     (4.74     5.19        6.07   

Total from investment operations

    (0.54     (0.65     (1.65     (3.81     5.91        6.87   

Dividends and distributions to shareholders:

           

Net investment income

    (0.46     (0.72     (0.82     (0.89     (0.68     (0.85

Return of capital

                  (0.00 )9                      

Total dividends and distributions to shareholders

    (0.46     (0.72     (0.82     (0.89     (0.68     (0.85

Net asset value, end of period

  $ 20.32      $ 21.32      $ 22.69      $ 25.16      $ 29.86      $ 24.63   

TOTAL RETURN3

    (2.65 )%      (2.72 )%      (6.55 )%      (12.70 )%      24.74     37.29

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 21,340      $ 22,383      $ 24,964      $ 31,452      $ 49,273      $ 45,569   

Ratios to average net assets4 of:

           

Expenses, net of expense waivers

    0.59 %5,6      0.58 %5      0.58 %5      0.58     0.58     0.58

Expenses, prior to expense waivers

    0.59 %5,6      0.58 %5      0.58 %5      0.58     0.58     0.58

Net investment income

    4.05 %5      3.45 %5      3.45 %5      3.54     2.90     3.36

Portfolio turnover rate7

    2     30     38     99     32     16
1 

The information reflects the investment objective and strategy of the WisdomTree International Utilities Sector Fund through June 19, 2011 and the investment objective and strategy of the WisdomTree Global ex-U.S. Utilities Fund thereafter.

 

2 

Based on average shares outstanding.

 

3 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Notes 2 and 3).

 

4 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

5 

Annualized.

 

6 

Included in the expense ratio are non-recurring proxy expenses that were incurred during the period (which are not annualized). Without these proxy expenses, the expense ratio (net of expense waivers) would have been 0.58% and the expense ratio (prior to expense waivers) would have been 0.58% for both WisdomTree Global ex-U.S. Utilities Fund and WisdomTree Global Natural Resources Fund.

 

7 

Portfolio turnover rate is not annualized 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 portfolio turnover calculation.

 

8 

The information reflects the investment objective and strategy of the WisdomTree International Energy Sector Fund through June 19, 2011 and the investment objective and strategy of the WisdomTree Global Natural Resources Fund thereafter.

 

9 

Amount represents less than $0.005.

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      81   


Table of Contents

Financial Highlights (concluded)

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds

 

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree India Earnings Fund
(consolidated)
 

For the
Six Months Ended
September 30, 2014

(unaudited)

    For the
Year Ended
March 31, 2014
    For the
Year Ended
March 31, 2013
    For the
Year Ended
March 31, 2012
    For the
Year Ended
March 31, 2011
    For the
Year Ended
March 31, 2010
 

Net asset value, beginning of period

  $ 18.93      $ 17.97      $ 19.24      $ 24.87      $ 23.25      $ 10.99   

Investment operations:

           

Net investment income1

    0.16        0.25        0.17        0.19        0.09        0.04   

Net realized and unrealized gain (loss)

    3.03        0.94        (1.29     (5.65     1.67        12.27   

Total from investment operations

    3.19        1.19        (1.12     (5.46     1.76        12.31   

Dividends to shareholders:

           

Net investment income

    (0.13     (0.23     (0.15     (0.17     (0.14     (0.05

Net asset value, end of period

  $ 21.99      $ 18.93      $ 17.97      $ 19.24      $ 24.87      $ 23.25   

TOTAL RETURN2

    16.82     6.81     (5.80 )%      (21.96 )%      7.59     112.11

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 1,992,187      $ 939,064      $ 1,071,074      $ 916,024      $ 1,487,089      $ 841,533   

Ratios to average net assets of:

           

Expenses, net of expense reimbursements

    0.85 %3,4,5      0.84 %4      0.84 %6      0.76 %6,7      0.88 %6      0.88 %6 

Expenses, prior to expense reimbursements

    0.85 %3,4,5      0.84 %4      0.86 %6      0.82 %6      0.88 %6      0.88 %6 

Net investment income

    1.49 %3      1.49     0.91     0.91     0.36     0.19

Portfolio turnover rate8

    22     43     27     32     38     33

 

             
WisdomTree Middle East Dividend
Fund
 

For the
Six Months Ended
September 30, 2014

(unaudited)

    For the
Period Ended
March 31, 2014
    For the
Period Ended
March 28, 2013
    For the
Year Ended
March 31, 2012
    For the
Year Ended
March 31, 2011
    For the
Year Ended
March 31, 2010
 

Net asset value, beginning of period

  $ 22.38      $ 16.11      $ 15.60      $ 16.31      $ 15.64      $ 12.13   

Investment operations:

           

Net investment income1

    0.17        1.28        0.63        0.83        0.68        0.53   

Net realized and unrealized gain (loss)

    1.73        5.71        0.59        (0.61     0.49        3.68   

Total from investment operations

    1.90        6.99        1.22        0.22        1.17        4.21   

Dividends to shareholders:

           

Net investment income

    (0.26     (0.72     (0.71     (0.93     (0.50     (0.70

Net asset value, end of period

  $ 24.02      $ 22.38      $ 16.11      $ 15.60      $ 16.31      $ 15.64   

TOTAL RETURN2

    8.57     44.12     8.46     1.35     7.95     35.25

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 57,658      $ 53,717      $ 14,498      $ 14,038      $ 19,571      $ 12,515   

Ratios to average net assets9 of:

           

Expenses, net of expense waivers

    0.89 %3,5      0.88 %3      0.88 %3      0.88     0.88     0.88

Expenses, prior to expense waivers

    0.89 %3,5      0.88 %3      1.35 %3      1.83     2.17     1.30

Net investment income

    1.47 %3      6.61 %3      4.26 %3      5.31     4.33     3.63

Portfolio turnover rate8

    44     26     52     37     50     96
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. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Notes 2 and 3).

 

3 

Annualized.

 

4 

Includes interest expense of 0.01% and 0.01% for the six months ended September 30, 2014 and for the fiscal year ended 2014, respectively.

 

5 

Included in the expense ratio are non-recurring proxy expenses that were incurred during the period (which are not annualized). Without these proxy expenses, the expense ratio (net of expense waivers) would have been 0.85% and 0.88%, and the expense ratio (prior to expense waivers) would have been 0.85% and 0.88%, for WisdomTree India Earnings Fund and WisdomTree Middle East Dividend Fund, respectively.

 

6 

Excludes Mauritius income tax expense (see Note 7). If Mauritius income tax expense had been included, the Fund’s expense ratios (before and after expense reimbursements) would have been higher by: 0.02%, 0.06%, 0.04% and 0.03% for the fiscal years ended 2013, 2012, 2011 and 2010.

 

7 

During the period, the Fund was reimbursed for certain expenses that occurred during the previous fiscal year.

 

8 

Portfolio turnover rate is not annualized 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 portfolio turnover calculation.

 

9 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

See Notes to Financial Statements.

 

82   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Notes to Financial Statements (unaudited)

 

1. ORGANIZATION

WisdomTree Trust (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Trust was established as a Delaware statutory trust on December 15, 2005. As of September 30, 2014, the Trust offered 69 investment funds (each a “Fund”, collectively, the “Funds”). In accordance with ASU 2013-08, each Fund qualifies as an investment company and is applying the accounting and reporting guidance for investment companies. These notes relate only to the Funds listed in the table below:

 

Fund   

Commencement

of Operations

 

WisdomTree Asia Pacific ex-Japan Fund (“Asia Pacific ex-Japan Fund”)

     June 16, 2006   

WisdomTree China Dividend ex-Financials Fund (“China Dividend ex-Financials Fund”)

     September 19, 2012   

WisdomTree Commodity Country Equity Fund (“Commodity Country Equity Fund”)

     October 13, 2006   

WisdomTree Emerging Markets Consumer Growth Fund (“Emerging Markets Consumer Growth Fund”)

     September 27, 2013   

WisdomTree Emerging Markets Dividend Growth Fund (“Emerging Markets Dividend Growth Fund”)

     August 1, 2013   

WisdomTree Emerging Markets Equity Income Fund (“Emerging Markets Equity Income Fund”)

     July 13, 2007   

WisdomTree Emerging Markets SmallCap Dividend Fund (“Emerging Markets SmallCap Dividend Fund”)

     October 30, 2007   

WisdomTree Global Equity Income Fund (“Global Equity Income Fund”)

     June 16, 2006   

WisdomTree Global ex-U.S. Dividend Growth Fund (“Global ex-U.S. Dividend Growth Fund”)

     June 16, 2006   

WisdomTree Global ex-U.S. Real Estate Fund (“Global ex-U.S. Real Estate Fund”)

     June 5, 2007   

WisdomTree Global ex-U.S. Utilities Fund (“Global ex-U.S. Utilities Fund”)

     October 13, 2006   

WisdomTree Global Natural Resources Fund (“Global Natural Resources Fund”)

     October 13, 2006   

WisdomTree India Earnings Fund (“India Earnings Fund”) (consolidated)

     February 22, 2008   

WisdomTree Middle East Dividend Fund (“Middle East Dividend Fund”)

     July 16, 2008   

The India Earnings Fund makes its investments through the WisdomTree India Investment Portfolio, Inc. (the “Portfolio”), a wholly owned subsidiary organized in the Republic of Mauritius. The Portfolio was incorporated under the provisions of the Mauritius Companies Act 2001 and holds a Global Business License Category 1 issued by the Financial Services Commission. The Portfolio is advised by WisdomTree Asset Management, Inc. (“WTAM”) and is sub-advised by Mellon Capital Management Corporation (“MCM”). For the India Earnings Fund, the accompanying financial statements reflect the financial position of the Fund and the results of operations on a consolidated basis with the Portfolio. All inter-company accounts and transactions have been eliminated in consolidation. This structure should permit the India Earnings Fund to benefit from a tax treaty between India and Mauritius. The Supreme Court of India upheld the validity of this tax treaty in response to a lower court challenge contesting the treaty’s applicability to entities such as the India Earnings Fund. In March of 2012, the Indian Finance Minister introduced a new chapter to the Indian Income Tax Act 1961, which would include certain General Anti-Avoidance Rules (“GAAR”). The implementation of these rules has been postponed and would be effective April 1, 2015 (Indian tax year 2015-2016) and it is presently unclear if these rules will have any impact on the Fund’s ability to benefit from the tax treaty. No assurance can be given that the terms of the treaty will not be subject to re-negotiation in the future or subject to an adverse interpretation under GAAR. Any change in the provision of this treaty or in its applicability to the India Earnings Fund could result in the imposition of withholding and other taxes on the India Earnings Fund by tax authorities in India. This would reduce the return to the India Earnings Fund on its investments and the return received by India Earnings Fund shareholders. References to investments by the India Earnings Fund herein should be understood to refer to investments by the Portfolio.

Each Fund seeks to track the price and yield performance, before fees and expenses, of a particular index (“Index”) developed by WisdomTree Investments, Inc. (“WisdomTree Investments”). WisdomTree Investments is the parent company of WTAM, the investment adviser to each Fund and the Trust. “WisdomTree” is a registered mark of WisdomTree Investments and has been licensed for use by the Trust. Each Fund described herein is considered to be non-diversified. The securities in each Index are weighted based on earnings or earnings yield.

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.

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.

 

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Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

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 the national securities exchanges are open for trading as of the close of regular trading on the New York Stock Exchange, generally 4:00 p.m. New York time. NAV per share is calculated by dividing a Fund’s net assets by the number of Fund shares outstanding. Each Fund issues and redeems shares at NAV only in large blocks of shares known as creation units, which only certain institutions or large investors may purchase or redeem. Shares of each Fund are listed on a national securities exchange and trade at market prices. Most investors will buy and sell shares 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. 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 or system on which they are principally traded. Unlisted equity securities (including preferred stock) are valued at the last quoted sale price or, if no sale price is available, at the mean between the highest bid and lowest ask price. Short-term debt securities with remaining maturities of 60 days or less generally are valued on the basis of amortized cost which approximates fair value. Each Fund may invest in money market funds which are valued at their NAV per share and affiliated ETFs which are valued at their last sale or official closing price on the exchange on which they are principally traded. Forward foreign currency contracts are valued daily using WM/Reuters closing spot and forward rates as of 4:00 p.m. London time. Fixed income securities generally are valued at current market quotations or mean prices obtained from dealers or independent pricing services. Dealers or independent pricing services, in determining the value of securities may consider such factors as recent transactions, indications from dealers, yields and prices on similar securities, and market sentiment for the type of security.

In certain instances, such as when reliable market valuations are not readily available or are not deemed to reflect current market values, a Fund’s investments will be fair valued in accordance with the Fund’s pricing policy. The Board of Trustees of the Trust 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 a national securities exchange, 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). Price movements in U.S. markets that are deemed to affect the value of foreign securities, or reflect changes to the value of such securities, also may cause securities to be fair valued. The Funds may rely on an independent fair value service in adjusting the valuations of foreign securities. 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 each Fund would receive upon selling an investment in an orderly transaction to an independent buyer in the principal or most advantageous market of the investment. 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)

 

84   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

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 or which has been de-listed from its primary trading exchange; (iv) a security that is thinly traded; (v) a security in default or bankruptcy proceedings for which there is no current market quotation or market activity; (vi) a security affected by currency controls or restrictions; and (vii) a security affected by a significant event (e.g., an event that occurs after the close of the markets on 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, 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. Short-term investments having a maturity of 60 days or less are generally valued at amortized cost which approximates fair market value. These investments are categorized as Level 2 of the fair value hierarchy. 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 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 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 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 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, book values, 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 Pricing Committee meets at least on a monthly basis to review and discuss the appropriateness of such fair values using more current information such as, recent security news, recent market transactions, updated corporate action information and/or other macro or security specific events. Also, when observable inputs become available, the Pricing Committee conducts back testing of the methodologies used to value Level 3 financial instruments to substantiate the unobservable inputs used to value those investments. Such back testing includes comparing Level 3 investment values to observable inputs such as exchange-traded prices, transaction prices, and/or vendor prices.

The following is a summary of the fair valuations according to the inputs used as of September 30, 2014 in valuing each Fund’s assets:

 

Asia Pacific ex-Japan Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 45,294,764       $       $   

Exchange-Traded Funds & Notes

     1,409,397                   

Investment of Cash Collateral for Securities Loaned

             1,837,856           

Total

   $ 46,704,161       $ 1,837,856       $   

Unrealized Depreciation on Forward Foreign Currency Contracts

             (114        

Total - Net

   $ 46,704,161       $ 1,837,742       $   

 

China Dividend ex-Financials Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 18,277,517       $       $   

Investment of Cash Collateral for Securities Loaned

             4,172,144           

Total

   $ 18,277,517       $ 4,172,144       $   

 

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Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

Commodity Country Equity Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 15,952,052       $       $   

Exchange-Traded Funds

     24,539                   

Investment of Cash Collateral for Securities Loaned

             1,622,084           

Total

   $ 15,976,591       $ 1,622,084       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             9           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (34        

Total - Net

   $ 15,976,591       $ 1,622,059       $   
       
Emerging Markets Consumer Growth Fund    Level 1      Level 2      Level 3  

Common Stocks

                          

Russia

   $ 342,416       $       $ 1,218   

South Africa

     2,345,489                 0   

Other*

     16,938,303                   

Exchange-Traded Notes

     456,300                   

Investment of Cash Collateral for Securities Loaned

             2,694,398           

Total

   $ 20,082,508       $ 2,694,398       $ 1,218   
       
Emerging Markets Dividend Growth Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 29,693,086       $       $   

Exchange-Traded Notes

     897,437                   

Warrants

     2,068                   

Investment of Cash Collateral for Securities Loaned

             2,960,367           

Total

   $ 30,592,591       $ 2,960,367       $   
       
Emerging Markets Equity Income Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 3,407,702,013       $       $   

Investment of Cash Collateral for Securities Loaned

             72,531,483           

Total

   $ 3,407,702,013       $ 72,531,483       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             114           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (2,004        

Total - Net

   $ 3,407,702,013       $ 72,529,593       $   
       
Emerging Markets SmallCap Dividend Fund    Level 1      Level 2      Level 3  

Common Stocks

                          

Indonesia

   $ 68,984,266       $ 701,057       $   

South Korea

     211,852,539                 3,156,875   

Other*

     1,616,323,477                   

Exchange-Traded Funds & Notes

     25,689,272                   

Investment of Cash Collateral for Securities Loaned

             80,257,433           

Total

   $ 1,922,849,554       $ 80,958,490       $ 3,156,875   

Unrealized Depreciation on Forward Foreign Currency Contracts

             (463        

Total - Net

   $ 1,922,849,554       $ 80,958,027       $ 3,156,875   

 

86   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

 

Global Equity Income Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 115,470,812       $       $   

Exchange-Traded Funds

     161,266                   

Rights

     3,195                   

Investment of Cash Collateral for Securities Loaned

             18,927,223           

Total

   $ 115,635,273       $ 18,927,223       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             116           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (56        

Total - Net

   $ 115,635,273       $ 18,927,283       $   

 

Global ex-U.S. Dividend Growth Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 64,762,801       $       $   

Exchange-Traded Funds & Notes

     841,068                   

Rights

             2,121           

Warrants

     3,041                   

Investment of Cash Collateral for Securities Loaned

             4,845,506           

Total

   $ 65,606,910       $ 4,847,627       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             1           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (66        

Total - Net

   $ 65,606,910       $ 4,847,562       $   

 

Global ex-U.S. Real Estate Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 117,547,397       $       $   

Exchange-Traded Funds

     202,618                   

Rights

                          

China

             8,813           

Italy

     7,651                   

Investment of Cash Collateral for Securities Loaned

             7,409,494           

Total

   $ 117,757,666       $ 7,418,307       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             119           

Total - Net

   $ 117,757,666       $ 7,418,426       $   

 

Global ex-U.S. Utilities Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 23,547,375       $       $   

Exchange-Traded Funds & Notes

     320,670                   

Investment of Cash Collateral for Securities Loaned

             3,091,157           

Total

   $ 23,868,045       $ 3,091,157       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             7           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (28        

Total - Net

   $ 23,868,045       $ 3,091,136       $   

 

Global Natural Resources Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 21,113,441       $       $   

Exchange-Traded Funds & Notes

     158,212                   

Investment of Cash Collateral for Securities Loaned

             5,527,612           

Total

   $ 21,271,653       $ 5,527,612       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             13           

Total - Net

   $ 21,271,653       $ 5,527,625       $   

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      87   


Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

 

India Earnings Fund (consolidated)    Level 1      Level 2      Level 3  

Common Stocks*

   $ 1,987,024,338       $       $   
       
Middle East Dividend Fund    Level 1      Level 2      Level 3  

Common Stocks

                          

Kuwait

   $ 7,617,823       $       $ 506,669   

Other*

     49,388,469                   

Convertible Bonds

                     13,892   

Total

   $ 57,006,292       $       $ 520,561   
  * Please refer to Schedule of Investments for a breakdown of the valuation by industry type and country.

The following is a summary of transfers between fair value measurement levels that occurred during the six months ended September 30, 2014. The Funds have elected to use the beginning of period method for transfers between fair value measurement levels.

 

Fund    Transfers from
Level 1 to Level 21
     Transfers from
Level 1 to Level 32
     Transfers from
Level 2 to Level 33
 

Emerging Markets Consumer Growth Fund

   $       $ 64,546       $ 1,371   

Emerging Markets SmallCap Dividend Fund

   $ 998,011       $ 2,877,683       $   

Middle East Dividend Fund

   $       $ 473,544       $ 12,813   
  1

Transfers from Level 1 to Level 2 are as a result of the unavailability of a quoted price in an active market for identical investments.

 

  2

Transfers from Level 1 to Level 3 are as a result of the unavailability of a quoted price in an active market for identical investments.

 

  3

Transfers from Level 2 to Level 3 are as a result of the unavailability of a quoted price in an active market for identical 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 of gains and losses on derivative instruments, and disclosures about credit-risk-related contingent features in derivative agreements. The Funds have invested in derivatives, specifically forward foreign currency contracts for the six months ended September 30, 2014 which are detailed in the tables herein. The Funds’ derivative agreements contain credit-risk related contingent features which include, but are not limited to, a percentage decline in the Funds’ NAV over a specified time period. If an event occurred at September 30, 2014 that triggered a contingent feature, the counterparty to the agreement may require the Funds to post additional collateral or terminate the derivative positions and demand payment. Any collateral posted with respect to the derivative positions would be used to offset or reduce the payment. The maximum exposure to derivatives agreements with credit-risk related contingent features would be the total value of derivatives in net liability positions for each Fund, as disclosed in page 94. At September 30, 2014, the Funds did not receive or post collateral with any counterparty for derivatives and no event occurred that triggered a credit-risk-related contingent feature.

The Funds listed below have invested in derivatives, specifically forward foreign currency contracts for the six months ended September 30, 2014, which are detailed in the tables herein. 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 investment. Risks may arise upon entering into forward foreign currency contracts from the potential inability of a counterparty 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.

As of September 30, 2014, the effect 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  

Asia Pacific ex-Japan Fund

           

Foreign exchange contracts

   Unrealized appreciation on
forward foreign currency contracts
   $       Unrealized depreciation on
forward foreign currency contracts
   $ 114   

Commodity Country Equity Fund

           

Foreign exchange contracts

   Unrealized appreciation on
forward foreign currency contracts
     9       Unrealized depreciation on
forward foreign currency contracts
     34   

Emerging Markets Equity Income Fund

           

Foreign exchange contracts

   Unrealized appreciation on
forward foreign currency contracts
     114       Unrealized depreciation on
forward foreign currency contracts
     2,004   

 

88   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

      Asset Derivatives      Liability Derivatives  
Fund    Balance Sheet Location    Value      Balance Sheet Location    Value  

Emerging Markets SmallCap Dividend Fund

           

Foreign exchange contracts

   Unrealized appreciation on
forward foreign currency contracts
   $       Unrealized depreciation on
forward foreign currency contracts
   $ 463   

Global Equity Income Fund

           

Foreign exchange contracts

   Unrealized appreciation on
forward foreign currency contracts
     116       Unrealized depreciation on
forward foreign currency contracts
     56   

Global ex-U.S. Dividend Growth Fund

           

Foreign exchange contracts

   Unrealized appreciation on
forward foreign currency contracts
     1       Unrealized depreciation on
forward foreign currency contracts
     66   

Global ex-U.S. Real Estate Fund

           

Foreign exchange contracts

   Unrealized appreciation on
forward foreign currency contracts
     119       Unrealized depreciation on
forward foreign currency contracts
       

Global ex-U.S. Utilities Fund

           

Foreign exchange contracts

   Unrealized appreciation on
forward foreign currency contracts
     7       Unrealized depreciation on
forward foreign currency contracts
     28   

Global Natural Resources Fund

           

Foreign exchange contracts

   Unrealized appreciation on
forward foreign currency contracts
     13       Unrealized depreciation on
forward foreign currency contracts
       

For the six months ended September 30, 2014, the effect of derivative instruments on each 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

 

Asia Pacific ex-Japan Fund

     

Foreign exchange contracts

   $ (1,579    $ (114

Commodity Country Equity Fund

     

Foreign exchange contracts

     (251      (25

Emerging Markets Consumer Growth Fund

     

Foreign exchange contracts

     (410      29   

Emerging Markets Dividend Growth Fund

     

Foreign exchange contracts

     (378        

Emerging Markets Equity Income Fund

     

Foreign exchange contracts

     484         12,254   

Emerging Markets SmallCap Dividend Fund

     

Foreign exchange contracts

     (82,713      14,646   

Global Equity Income Fund

     

Foreign exchange contracts

     (3,588      60   

Global ex-U.S. Dividend Growth Fund

     

Foreign exchange contracts

     (227      (65

Global ex-U.S. Real Estate Fund

     

Foreign exchange contracts

     351         (1,849

Global ex-U.S. Utilities Fund

     

Foreign exchange contracts

     (241      (20

Global Natural Resources Fund

     

Foreign exchange contracts

     (584      13   

India Earnings Fund (consolidated)

     

Foreign exchange contracts

     284,571         3,527   

Middle East Dividend Fund

     

Foreign exchange contracts

     (5        
  1 

Realized gains (losses) on derivatives are located on the Statement of Operations as follows:

 

Foreign exchange contracts

   Net realized gain (loss) from forward foreign currency contracts and foreign currency related transactions

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      89   


Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

  2 

Change in unrealized appreciation (depreciation) is located on the Statement of Operations as follows:

 

Foreign exchange contracts

   Net change in unrealized appreciation (depreciation) from forward foreign currency contracts and foreign currency related transactions

During the six months ended September 30, 2014, the volume of derivative activity (based on the average of month-end balances) for the Funds was as follows:

 

      Average Notional  
Fund   

Forward foreign

currency

contracts
(to deliver)

    

Forward foreign

currency

contracts
(to receive)

 

Asia Pacific ex-Japan Fund

     

Foreign exchange contracts

   $ 7,617       $ 1,725   

China Dividend ex-Financials Fund

     

Foreign exchange contracts

             1,198   

Commodity Country Equity Fund

     

Foreign exchange contracts

     378         6,788   

Emerging Markets Consumer Growth Fund

     

Foreign exchange contracts

             985   

Emerging Markets Dividend Growth Fund

     

Foreign exchange contracts

             2,017   

Emerging Markets Equity Income Fund

     

Foreign exchange contracts

     694,905         949,781   

Emerging Markets SmallCap Dividend Fund

     

Foreign exchange contracts

     2,531,882         540,401   

Global Equity Income Fund

     

Foreign exchange contracts

             52,839   

Global ex-U.S. Dividend Growth Fund

     

Foreign exchange contracts

             15,635   

Global ex-U.S. Real Estate Fund

     

Foreign exchange contracts

     343,182         118,759   

Global ex-U.S. Utilities Fund

     

Foreign exchange contracts

     2,270         12,691   

Global Natural Resources Fund

     

Foreign exchange contracts

     1,000         1,869   

India Earnings Fund (consolidated)

     

Foreign exchange contracts

     3,054,202         167,049   

Middle East Dividend Fund

     

Foreign exchange contracts

     37,137         465,270   

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 is recognized on the ex-dividend date, net of any foreign taxes withheld. Interest income including amortization of premiums and discounts, is accrued daily. The value of additional securities received as dividend payments is recorded as income and as an increase to the cost basis of such securities.

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 change in unrealized appreciation (depreciation) from investment transactions, respectively, on the Statement of Operations. Net realized and unrealized foreign exchange gains or losses arising from sales of foreign currencies, including gains and losses of forward foreign currency contracts, 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 forward foreign currency contracts and foreign currency related transactions and/or net change in unrealized appreciation (depreciation) from forward foreign currency contracts and translation of assets and liabilities denominated in foreign

 

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currencies in the Statement 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/Reimbursements — Under the Investment Advisory Agreement for each Fund, except Emerging Markets Consumer Growth Fund and Emerging Markets Dividend Growth Fund, WTAM has agreed to pay all expenses of the Trust, except for: (i) brokerage expenses and other expenses (such as stamp taxes) connected with the execution of portfolio transactions or in connection with creation and redemption transactions; (ii) legal fees or expenses in connection with any arbitration, litigation or pending or threatened arbitration or litigation, including any settlements in connection therewith; (iii) compensation and expenses of trustees who are not interested persons of the Funds (“Independent Trustees”); (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s Chief Compliance Officer (“CCO”); (vi) extraordinary expenses; (vii) distribution fees and expenses paid by the Trust under any distribution plan adopted pursuant to Rule 12b-1 under the 1940 Act; and (viii) the advisory fee payable to WTAM.

Under the investment advisory agreement for Emerging Markets Consumer Growth Fund and Emerging Markets Dividend Growth 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 partition or repatriation of any security or other asset, related to the execution of portfolio transactions or any creation or redemption transactions); (ii) legal fees or expenses in connection with any arbitration, litigation or pending or threatened arbitration or litigation, including any settlements in connection therewith; (iii) compensation and expenses of each Independent Trustee; (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s CCO; (vi) extraordinary expenses (in each case as determined by a majority of the Independent Trustees); (vii) distribution fees and expenses paid by the Trust under any distribution plan adopted pursuant to Rule 12b-1 under the 1940 Act; (viii) interest and taxes of any kind or nature (including, but not limited to, income, excise, transfer and withholding taxes); (ix) fees and expenses related to the provision of securities lending services; and (x) the advisory fee payable to WTAM.

The internal expenses of pooled investment vehicles in which the Fund may invest (acquired fund fees and expenses) are not expenses of the Fund and are not paid by WTAM.

During the six months ended September 30, 2014, the Trust incurred expenses pertaining to proxy printing, mailing and solicitation. These proxy expenses are not paid by WTAM. During the period, each Fund in the Trust borne its pro rate allocation of these proxy expenses.

Pursuant to a separate contractual arrangement, WTAM arranges for the provision of CCO services with respect to each Fund, and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees. WTAM receives a fee, as shown on the Statements of Operations under “Service fees”, of up to 0.0044% of each Fund’s average daily net assets for providing such services and paying such expenses. WTAM provides CCO services to the Trust.

Currency Transactions — The Funds may enter into forward foreign currency contracts to facilitate local securities settlements or to protect against currency exposure in connection with distributions to shareholders. The Funds do not expect to engage in currency transactions for the purpose of hedging against declines in the value of the Fund’s assets that are denominated in one or more foreign currencies. The Funds may not enter into such contracts for speculative purposes.

Forward Foreign Currency Contracts — A forward foreign currency contract (“Forward Contract”) involves an obligation to purchase or sell a specific currency at a future date, which may be any fixed number of days from the date of the contract agreed upon by the parties, at a price set at the time of the contract. These contracts are principally traded in the inter-bank market conducted directly between currency traders (usually large, commercial banks) and their customers. A Forward Contract generally does not require an initial margin deposit and no commissions are charged at any stage for trades. However, if a Fund is in an unrealized loss position on a Forward Contract, it may be required to pledge collateral (or additional collateral) to the counterparty. If a Fund is in an unrealized gain position on a Forward Contract, it may receive collateral from the counterparty.

Risks may arise upon entering into Forward Contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of foreign currencies relative to the U.S. dollar or each other.

Fluctuations in the value of open Forward Contracts are recorded for book purposes as unrealized gains or losses on Forward Contracts by the Funds. Realized gains and losses on Forward Contracts include net gains or losses recognized by the Funds on contracts which have matured or were sold.

 

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The following Forward Contracts were open at September 30, 2014:

 

Fund    Settlement Date           Contracts
To Deliver
            In
Exchange For
     Unrealized
Gain (Loss)
 

Asia Pacific ex-Japan Fund

                                               
     10/1/2014      USD        53,319         KRW        56,144,880       $ (114

Commodity Country Equity Fund

                                               
   10/1/2014      CAD        3,312         USD        2,970       $ 7   
   10/1/2014      ZAR        21,000         USD        1,861         2   
   10/2/2014      AUD        10,930         USD        9,541         (23
   10/2/2014      BRL        19,500         USD        7,958         (3
   10/3/2014      NZD        7,967         USD        6,202         (8
                                            $ (25

Emerging Markets Equity Income Fund

                                               
   10/1/2014      MYR        15,327         USD        4,702       $ 30   
   10/1/2014      THB        4,619,998         USD        142,566         84   
   10/2/2014      TWD        39,949,659         USD        1,311,760         (1,531
   10/3/2014      BRL        2,720,530         USD        1,110,602           
   10/3/2014      MYR        1,536,414         USD        467,991         (357
   10/6/2014      KRW        233,897,491         USD        221,536         (116
                                            $ (1,890

Emerging Markets SmallCap Dividend Fund

                                               
     10/1/2014      BRL        270,692         USD        110,042       $ (463

Global Equity Income Fund

                                               
   10/1/2014      AUD        17,504         USD        15,362       $ 45   
   10/1/2014      CAD        12,448         USD        11,167         29   
   10/1/2014      GBP        9,471         USD        15,392         38   
   10/2/2014      AUD        43,597         USD        38,094         (56
   10/2/2014      GBP        8,957         USD        14,524         4   
                                            $ 60   

Global ex-U.S. Dividend Growth Fund

                                               
   10/1/2014      BRL        38,500         USD        15,651       $ (66
   10/2/2014      GBP        10,432         USD        16,913         1   
                                            $ (65

Global ex-U.S. Real Estate Fund

                                               
   10/1/2014      CAD        11,747         USD        10,542       $ 30   
   10/1/2014      MYR        66,288         USD        20,250         43   
   10/1/2014      THB        743,898         USD        22,988         46   
                                            $ 119   

Global ex-U.S. Utilities Fund

                                               
   10/1/2014      AUD        8,000         USD        6,974       $ (26
   10/1/2014      BRL        14,500         USD        5,918         (2
   10/1/2014      CAD        5,000         USD        4,481         7   
                                            $ (21

Global Natural Resources Fund

                                               
     10/1/2014      CAD        5,500         USD        4,934       $ 13   

Currency Legend:

AUD – Australian dollar

BRL – Brazilian real

CAD – Canadian dollar

GBP – British pound

KRW – South Korean won

MYR – Malaysian ringgit

NZD – New Zealand dollar

THB – Thai baht

TWD – New Taiwan dollar

USD – U.S. dollar

ZAR – South African rand

 

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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 high-grade debt obligations, 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 value of the investment of cash collateral for securities on loan along with the obligation to return such collateral are included on the Statements of Assets and Liabilities. The value of securities received as collateral for securities on loan are not included on the Statements of Assets and Liabilities because the receiving Fund does not have the right to sell or repledge the securities received as collateral. Each Fund receives compensation for lending its securities from interest or dividends earned on the cash or U.S. government securities held as collateral, net of fee rebates paid to the borrower plus reasonable administrative and custody fees. The 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. 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. The borrower pays to the Funds an amount equal to any dividends or interest received on loaned securities. The Funds retain all or a portion of the interest received on investment of cash collateral or receive a fee from the borrower. Lending portfolio securities could result in a loss or delay in recovering each Fund’s securities if the borrower defaults.

Master Netting Arrangements — Accounting Standards Update No. 2011-11 “Disclosures about Offsetting Assets and Liabilities” (“ASU 2011-11”) is 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. ASU 2011-11 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. ASU 2011-11 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 may enter into an International Swaps and Derivatives Association, Inc. Master Agreement (“ISDA Master Agreement”) or similar 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”), including Forward 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 exchange contracts, options and certain swaps). Generally, for transactions traded under an ISDA Master Agreement, the collateral requirements are calculated by netting the marked to market amount for each transaction under such agreement and comparing that amount to the value of any collateral currently pledged by a Fund and the counterparty. Generally, the amount of collateral due from or to a counterparty must exceed a minimum transfer amount threshold before a transfer is required to be made. 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 counterparty non-performance.

A Fund’s security lending activities are governed by a Securities Lending Authorization Agreement (“Lending Agreement”) between the Fund 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.

 

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For financial reporting purposes, the Funds elect to not offset assets and liabilities subject to an ISDA Master Agreement or Lending Agreement, if any, in the Statements of Assets and Liabilities. Therefore, all qualifying transactions are presented on a gross basis in the Statements of Assets and Liabilities. As of September 30, 2014, 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
Statement of
Assets and Liabilities
  Gross Amounts Not Offset
in Statement of
Assets and Liabilities
            Gross Amounts in
Statement of
Assets and Liabilities
  Gross Amounts Not Offset
in Statement of
Assets and Liabilities
    
Fund     Financial
Instruments
  Collateral
Received
  Net
Amount
      Financial
Instruments
  Collateral
Pledged
  Net
Amount

Asia Pacific ex-Japan Fund

  

             

Securities Lending

    $ 2,042,183       $       $ (2,042,183 )1     $           $       $       $       $  

Forward Foreign Currency Contracts

                                          114                         114  

China Dividend ex-Financials Fund

  

             

Securities Lending

      3,954,933                 (3,954,933 )1                                            

Commodity Country Equity Fund

  

             

Securities Lending

      1,846,579                 (1,846,579 )1                                            

Forward Foreign Currency Contracts

      9                         9             34                         34  

Emerging Markets Consumer Growth Fund

  

             

Securities Lending

      2,557,101                 (2,557,101 )1                                            

Emerging Markets Dividend Growth Fund

  

             

Securities Lending

      2,804,907                 (2,804,907 )1                                            

Emerging Markets Equity Income Fund

  

             

Securities Lending

      227,138,789                 (227,138,789 )1                                            

Forward Foreign Currency Contracts

      114                         114             2,004                         2,004  

Emerging Markets SmallCap Dividend Fund

  

             

Securities Lending

      126,254,212                 (126,254,212 )1                                            

Forward Foreign Currency Contracts

                                          463                         463  

Global Equity Income Fund

  

             

Securities Lending

      20,533,748                 (20,533,748 )1                                            

Forward Foreign Currency Contracts

      116                         116             56                         56  

Global ex-U.S. Dividend Growth Fund

  

             

Securities Lending

      4,650,243                 (4,650,243 )1                                            

Forward Foreign Currency Contracts

      1                         1             66                         66  

Global ex-U.S. Real Estate Fund

  

             

Securities Lending

      6,964,511                 (6,964,511 )1                                            

Forward Foreign Currency Contracts

      119                         119                                      

Global ex-U.S. Utilities Fund

  

             

Securities Lending

      3,005,350                 (3,005,350 )1                                            

Forward Foreign Currency Contracts

      7                         7             28                         28  

Global Natural Resources Fund

  

             

Securities Lending

      5,326,521                 (5,326,521 )1                                            

Forward Foreign Currency Contracts

      13                         13                                      
  1 

The amount of collateral presented has been limited such that the net amount by counterparty cannot be less than zero.

Short-Term Investments — Each Fund may invest a portion of its assets in high-quality money market instruments on an ongoing basis to provide liquidity or for other reasons. The instruments include short-term obligations issued by the U.S. government, its

 

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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.

Tax Information and Dividends and Distributions to Shareholders — It is each Fund’s policy to comply with all requirements of the Internal Revenue Code of 1986, as amended (the “Code”). Each Fund intends to qualify for and to elect treatment as a separate Regulated Investment Company (“RIC”) under Subchapter M of the Code. It is the policy of each Fund to pay out dividends, if any, to investors’ at least annually. 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 are 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. The India Earnings Fund has filed an election to treat the Portfolio as a ‘‘pass-through’’ entity for tax purposes.

3. ADVISORY FEES AND TRANSACTIONS

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 MCM to provide sub-advisory services to the Funds. MCM is 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 generally 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 of up to 0.0044% of each Fund’s average daily net assets. WTAM expects to receive 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

 

Asia Pacific ex-Japan Fund

     0.48

China Dividend ex-Financials Fund

     0.63

Commodity Country Equity Fund

     0.58

Emerging Markets Consumer Growth Fund

     0.63

Emerging Markets Dividend Growth Fund

     0.63

Emerging Markets Equity Income Fund

     0.63

Emerging Markets SmallCap Dividend Fund

     0.63

Global Equity Income Fund

     0.58

Global ex-U.S. Dividend Growth Fund

     0.58

Global ex-U.S. Real Estate Fund

     0.58

Global ex-U.S. Utilities Fund

     0.58

Global Natural Resources Fund

     0.58

India Earnings Fund (consolidated)

     0.83

Middle East Dividend Fund

     0.88

Each Fund may purchase shares of affiliated exchanged-traded funds (“ETF”) in secondary market transactions. For the six months ended September 30, 2014, WTAM waived its advisory fees for each Fund’s investment associated with daily uninvested cash in correlated affiliated ETFs net of any incremental costs as a result of these transactions (fund accounting, safekeeping, transaction

 

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fees, etc.) that are paid by WTAM out of the advisory fee received from the affiliated ETFs. The table below indicates the waiver. Please see Note 8 for additional information on Other Affiliated Parties and Transactions.

 

Fund    Advisory
Fees Waived
 

Asia Pacific ex-Japan Fund

   $ 49   

China Dividend ex-Financials Fund

       

Commodity Country Equity Fund

     71   

Emerging Markets Consumer Growth Fund

       

Emerging Markets Dividend Growth Fund

       

Emerging Markets Equity Income Fund

       

Emerging Markets SmallCap Dividend Fund

     14,366   

Global Equity Income Fund

     512   

Global ex-U.S. Dividend Growth Fund

     294   

Global ex-U.S. Real Estate Fund

     676   

Global ex-U.S. Utilities Fund

     87   

Global Natural Resources Fund

     36   

India Earnings Fund (consolidated)

       

Middle East Dividend Fund

       

4. CAPITAL SHARE TRANSACTIONS

As of September 30, 2014, 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 designated portfolio of equity securities constituting a portfolio sampling representation of the securities included in the relevant Fund’s underlying Index and an amount of cash. The India Earnings Fund and Middle East Dividend Fund issue and redeem shares on a cash basis only. Investors purchasing and redeeming creation units may be charged a purchase transaction fee and a redemption transaction fee to offset transfer and other transaction costs associated with the issuance and redemption of creation units.

5. INVESTMENT PORTFOLIO TRANSACTIONS

Purchases and sales of investments (excluding in-kind capital share transactions and short-term investments) for the six months ended September 30, 2014 were as follows:

 

Fund    Purchases      Sales  

Asia Pacific ex-Japan Fund

   $ 1,335,596       $ 2,963,182   

China Dividend ex-Financials Fund

     598,877         472,953   

Commodity Country Equity Fund

     571,665         1,615,074   

Emerging Markets Consumer Growth Fund

     282,134         225,309   

Emerging Markets Dividend Growth Fund

     3,276,264         400,324   

Emerging Markets Equity Income Fund

     140,780,248         280,103,452   

Emerging Markets SmallCap Dividend Fund

     162,939,886         96,488,657   

Global Equity Income Fund

     4,007,203         4,399,094   

Global ex-U.S. Dividend Growth Fund

     1,974,344         1,412,910   

Global ex-U.S. Real Estate Fund

     9,975,952         9,696,239   

Global ex-U.S. Utilities Fund

     1,470,430         2,738,134   

Global Natural Resources Fund

     487,191         519,516   

India Earnings Fund (consolidated)

     1,245,480,620         339,602,060   

Middle East Dividend Fund

     29,239,163         27,820,685   

 

96   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


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Notes to Financial Statements (unaudited) (continued)

 

For the six months ended September 30, 2014, the cost of purchases and the proceeds from sales resulting from in-kind capital share transactions were as follows:

 

Fund    Purchases      Sales  

Asia Pacific ex-Japan Fund

   $       $ 5,061,323   

China Dividend ex-Financials Fund

               

Commodity Country Equity Fund

             3,671,574   

Emerging Markets Consumer Growth Fund

               

Emerging Markets Dividend Growth Fund

     7,828,190           

Emerging Markets Equity Income Fund

             249,103,915   

Emerging Markets SmallCap Dividend Fund

     56,475,919         4,131,981   

Global Equity Income Fund

             4,525,657   

Global ex-U.S. Dividend Growth Fund

     4,687,432           

Global ex-U.S. Real Estate Fund

     8,918,946         21,809,869   

Global ex-U.S. Utilities Fund

     816,367         5,445,366   

Global Natural Resources Fund

               

India Earnings Fund (consolidated)

               

Middle East Dividend Fund

               

Realized gains and losses on in-kind redemptions are not recognized by the Funds for tax purposes.

6. FEDERAL INCOME TAXES

At September 30, 2014, the cost of investments (including securities on loan) for Federal income tax purposes was as follows:

 

Fund    Tax Cost      Gross Unrealized
Appreciation
     Gross Unrealized
Depreciation
     Net Unrealized
Appreciation/
(Depreciation)
 

Asia Pacific ex-Japan Fund

   $ 45,422,294       $ 6,506,655       $ (3,386,932    $ 3,119,723   

China Dividend ex-Financials Fund

     22,758,391         2,092,217         (2,400,947      (308,730

Commodity Country Equity Fund

     18,163,121         1,766,281         (2,330,727      (564,446

Emerging Markets Consumer Growth Fund

     22,070,373         1,932,729         (1,224,978      707,751   

Emerging Markets Dividend Growth Fund

     33,238,352         1,941,652         (1,627,046      314,606   

Emerging Markets Equity Income Fund

     3,657,118,449         287,442,560         (464,327,513      (176,884,953

Emerging Markets SmallCap Dividend Fund

     1,876,749,364         300,458,248         (170,242,693      130,215,555   

Global Equity Income Fund

     116,258,438         22,113,942         (3,809,884      18,304,058   

Global ex-U.S. Dividend Growth Fund

     66,016,532         7,471,702         (3,033,697      4,438,005   

Global ex-U.S. Real Estate Fund

     128,202,182         12,163,166         (15,189,375      (3,026,209

Global ex-U.S. Utilities Fund

     27,373,704         2,900,497         (3,314,999      (414,502

Global Natural Resources Fund

     30,494,671         1,063,814         (4,759,220      (3,695,406

India Earnings Fund (consolidated)

     1,717,358,996         354,286,663         (84,621,321      269,665,342   

Middle East Dividend Fund

     46,476,163         12,614,170         (1,563,480      11,050,690   

7. MAURITIUS INCOME TAX

The taxable profits derived from the worldwide income of the wholly owned subsidiary of the India Earnings Fund, the Portfolio, is subject to income tax at the rate of 15% in the Republic of Mauritius. As with all Mauritian tax residents, the Portfolio is entitled to a foreign tax credit (“FTC”) on its foreign sourced income. The FTC is based on the lower of the Mauritian tax or the foreign taxes suffered. Where documentary evidence is not available to substantiate the foreign taxes suffered, the FTC can be presumed to be 80% of the Mauritius tax on its foreign source income. The presumed FTC effectively reduces the Mauritian income tax rate on the foreign sourced income of the Portfolio to a maximum of 3%. Interest income on call and deposit accounts with Mauritian banks is exempt from tax, and there is no tax on capital gains in Mauritius. Currently, the Mauritius income tax is paid by WTAM.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      97   


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Notes to Financial Statements (unaudited) (continued)

 

8. OTHER AFFILIATED PARTIES AND TRANSACTIONS

Affiliated holdings are funds which are managed by or an affiliate of WTAM. Transactions with affiliated funds during the six months ended September 30, 2014 are as follows:

 

Fund    Value at
3/31/2014
     Purchases/
Additions
     Sales/
Reductions
     Value at
9/30/2014
     Dividend
Income
 

Asia Pacific ex-Japan Fund

                                            

WisdomTree Global ex-U.S. Real Estate Fund

   $       $ 278,949       $ 270,858       $ 2,379       $ 1,164   

Commodity Country Equity Fund

                                            

WisdomTree Global Natural Resources Fund

   $ 11,058       $ 214,659       $ 200,196       $ 24,539       $ 1,058   

Emerging Markets SmallCap Dividend Fund

                                            

WisdomTree Emerging Markets Equity Income Fund

   $ 4,186,652       $ 16,439,083       $ 20,672,636       $ 61,779       $ 85,983   

Global Equity Income Fund

                                            

WisdomTree DEFA Equity Income Fund

   $       $ 1,739,913       $ 1,596,553       $ 120,632       $ 8,679   

WisdomTree Equity Income Fund

             577,561         539,355         40,634         909   

Total

   $       $ 2,317,474       $ 2,135,908       $ 161,266       $ 9,588   

Global ex-U.S. Dividend Growth Fund

                                            

WisdomTree DEFA Fund

   $ 42,807       $ 311,217       $ 325,010       $ 25,399       $ 2,363   

WisdomTree Emerging Markets Equity Income Fund

     28,804         205,987         216,520         16,723         1,947   

Total

   $ 71,611       $ 517,204       $ 541,530       $ 42,122       $ 4,310   

Global ex-U.S. Real Estate Fund

                                            

WisdomTree Global Natural Resources Fund

   $ 312,524       $ 2,072,267       $ 2,167,447       $ 202,618       $ 4,911   

Global ex-U.S. Utilities Fund

                                            

WisdomTree Global ex-U.S. Real Estate Fund

   $       $ 313,085       $ 277,870       $ 31,095       $ 2,911   

Global Natural Resources Fund

                                            

WisdomTree Global Equity Income Fund

   $ 56,133       $ 153,425       $ 188,899       $ 19,707       $ 1,280   

9. DEMAND NOTE

During the six months ended September 30, 2014, the India Earnings Fund had a demand note agreement with Bank of America, N.A. which allowed the Fund to borrow up to $300,000,000 and having a final maturity date of October 3, 2014. During the six months ended September 30, 2014, the Fund utilized the demand note and borrowed for a period of 5 days with an average outstanding note balance of $293,235,779 and a weighted average interest rate of 2.56% per annum. Interest expense related to the note for the six months ended September 30, 2014 was $102,633. At September 30, 2014, the Fund did not have any amounts outstanding under the demand note agreement.

10. RECENT ACCOUNTING PRONOUNCEMENT

In June 2014, The FASB issued ASU 2014-11 Transfers & Servicing (Topic 860): Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures to improve the financial reporting of repurchase agreements and other similar transactions. The guidance includes expanded disclosure requirements for entities that enter into repurchase agreements or securities lending transactions. The guidance is effective for financial statements with fiscal years beginning on or after January 1, 2015, and interim periods within those fiscal years. Management is evaluating the impact, if any, of this guidance on the Trust’s financial statement disclosures.

 

98   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


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

 

Consideration of the Renewal of Investment Advisory and Sub-Investment Advisory Agreements with respect to the WisdomTree Asia Pacific ex-Japan Fund, WisdomTree China Dividend ex- Financials Fund, WisdomTree Commodity Country Equity Fund, WisdomTree Emerging Markets Consumer Growth Fund, WisdomTree Emerging Markets Dividend Growth Fund, WisdomTree Emerging Markets Equity Income Fund, WisdomTree Emerging Markets SmallCap Dividend Fund, WisdomTree Global Equity Income Fund, WisdomTree Global ex-U.S. Dividend Growth Fund, WisdomTree Global ex-U.S. Real Estate Fund, WisdomTree Global ex-U.S. Utilities Fund, WisdomTree Global Natural Resources Fund, WisdomTree India Earnings Fund, and the WisdomTree Middle East Dividend Fund (each, a “Fund” and together, the “Funds”)

At a meeting of the Board of Trustees of the WisdomTree Trust (the “Trust”) held on September 18-19, 2014, 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 renewal of the Investment Advisory Agreements between WisdomTree Asset Management (“WTAM”) and the Trust on behalf of the Funds, pursuant to which WTAM provides the Funds with investment advisory services (the “Advisory Agreements”) and the Sub-Investment Advisory Agreement (the “ Sub-Advisory Agreement”), pursuant to which Mellon Capital Management Corporation (“MCM” or “Sub-Adviser”) coordinates the investment and reinvestment of the assets of the Funds.

The Independent Trustees requested, and WTAM provided, such information as the Independent Trustees, with advice from independent legal counsel, deemed reasonably necessary to evaluate the Agreements. On March 20, 2014 and June 24, 2014, a committee of Independent Trustees (the “Contracts Review Committee”), with independent legal counsel, met with representatives from WTAM to discuss the types of information the Independent Trustees required and the manner in which fund management would organize and present such information. At a meeting held on August 8, 2014, representatives from WTAM presented preliminary information to the Board relating to the continuance of the Agreements, and the Board, including the Independent Trustees, reviewed and discussed such information. Further information was presented at the Board’s request at the meeting held on September 18-19, 2014.

The Trustees, a majority of whom are Independent Trustees, were assisted in their review by independent legal counsel and met with counsel in executive session separate from representatives of WTAM and the Sub-Adviser. In considering the renewal of the Agreements, the Board considered all factors that it believed to be relevant, including those discussed below. The Board did not identify any one factor as dispositive, and each Board member may have attributed different weights to the factors considered.

Analysis of Nature, Extent, and Quality of Services Provided to the Funds

The Board considered information provided to them at the meeting and in previous presentations throughout the year from WTAM representatives regarding the nature, extent, and quality of the services provided to the Funds, recognizing WTAM’s and the Sub-Adviser’s operational capabilities and resources. The Board also discussed WTAM’s role as index provider to the Funds. The Board also noted the extensive responsibilities that WTAM has as investment adviser to the Funds, including the selection of, and supervisory responsibilities and activities over, the Sub-Adviser, including oversight of the Sub-Adviser’s compliance with Fund policies and objectives, oversight of general Fund compliance with federal and state laws and the implementation of Board directives as they relate to the Funds. Based on management’s representations, the Board expected that there would be no reduction in the scope of services required by or provided by WTAM and the Sub-Adviser under the relevant Agreements. The Board noted that WTAM has continued to commit significant resources toward the fund complex. The Board also considered research support available to, and management capabilities of, the Funds’ management personnel and that WTAM provides oversight of day-to-day Fund operations, including fund accounting, administration 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 provided by WTAM and the Sub-Adviser under the Advisory Agreements and Sub-Advisory Agreement, respectively, supported the Board’s approval of the renewal of the Agreements.

Comparative Analysis of the Funds’ Performance and Management Fee and Expense Ratio

The Board reviewed reports prepared by Lipper, Inc. (“Lipper”), an independent provider of investment company data, which included information (1) measuring each Fund’s performance by how well it tracked the relevant WisdomTree benchmark index, and (2) comparing each Fund’s actual management fees and total expenses with those of a group of comparable funds (the “Expense Group”) and, with respect to total expenses, with a broader group of funds (the “Expense Universe”), the information for which was derived in part from fund financial statements available to Lipper as of the date of its analysis. The Contracts Review Committee and the Independent Trustees previously had reviewed and discussed the methodology Lipper used to select the Performance Groups, Expense Groups and Expense Universes. The Board noted that the Performance Groups, Expense Groups and Expense Universes included only pure-index exchange traded funds (“ETFs”) as comparison funds. The Board also noted that due to the special characteristics of certain funds, there are limitations in providing comparable funds in the Performance Groups, Expense Groups and Expense Universes, and the information in the Lipper reports may or may not provide meaningful direct comparisons to the Funds.

 

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

 

The Board discussed the Funds’ performance, noting that each Fund seeks to track its own WisdomTree benchmark index. During the prior year, the Board received periodic reports on the Funds’ performance in comparison to their relevant benchmark indexes. The Board determined to monitor carefully in the coming year disparities in performance — both positive and negative — but did not believe that the disparities in the past reflected any characteristics requiring immediate action by WTAM or the Sub-Adviser.

The Board also reviewed the range of actual management fees and total expenses of the Expense Group funds and, with respect to total expenses, Expense Universe funds, as well as the advisory fees and total expenses of certain funds not included in the Lipper reports that WTAM considers to be significant competitors of the Funds, and discussed the results of the comparisons. With respect to comparisons of actual management fees, the Board noted the Funds’ unitary fee structure and that the Expense Groups and Expense Universes included both ETFs with and without a unitary fee structure. The Board noted that the Funds’ actual management fees and total expenses generally were within 10 basis points of the actual management fees and total expenses of the Funds in their respective Expense Groups and Expense Universes. In those specific instances where a Fund’s actual management fees or total expenses departed more significantly from comparative funds, the Independent Trustees sought explanations from WTAM, which generally attributed the disparities to differences in assets under management, the unique history of a Fund or certain comparison funds and temporary fee waivers in place for marketing or other reasons.

The Board considered the fees to the Sub-Adviser in relation to the fees paid to WTAM by the Funds and the respective services provided by the Sub-Adviser and WTAM. The Board also noted that the Sub-Adviser’s fees are paid by WTAM (out of its fee from the relevant Funds) and not the Funds.

Based on this review and the other factors considered at the meeting, the Board concluded that, with respect to each Fund, the Fund’s performance, the fees paid to WTAM and the Sub-Adviser and the Fund’s total expenses supported the Board’s approval of the renewal of the relevant Agreements.

Analysis of Profitability and Economies of Scale

WTAM representatives reviewed the expenses allocated and profit received by WTAM and the resulting profitability percentage for managing each Fund and the aggregate profitability percentage to WTAM for managing the WisdomTree fund complex, and the method used to determine the expenses and profit.

The Board considered the profitability analysis (1) as part of its evaluation of whether the fees under the Agreements bear a reasonable relationship to the mix of services provided by WTAM and the Sub-Adviser, including the nature, extent and quality of such services, and (2) in light of the relevant circumstances for each Fund and the extent to which economies of scale would be realized if the Fund grows and whether fee levels reflect these economies of scale for the benefit of Fund shareholders. Since WTAM, and not the Funds, pays the Sub-Adviser pursuant to the Sub-Advisory Agreement, the Board did not consider the Sub-Adviser’s profitability to be relevant to its deliberations. WTAM representatives noted that a discussion of economies of scale is predicated on a Fund having achieved a substantial size and that, if a Fund’s assets had been decreasing, the possibility that WTAM may have realized any economies of scale would be less. WTAM representatives also noted that, as a result of shared and allocated costs among the WisdomTree funds, the extent of economies of scale could depend substantially on the level of assets in the fund complex as a whole. WTAM representatives also noted that economies of scale currently are shared with the Funds by way of the relatively low advisory fee rates and the unitary fee structure of the Trust. The Board noted that it would continue to monitor the sharing of economies of scale to determine the appropriateness of adding breakpoints in the future. The Board also considered potential benefits to WTAM and the Sub-Adviser from acting as investment adviser and sub-investment adviser, respectively, and noted that there were no soft dollar arrangements in effect for trading the Funds’ investments. Based on this review, the Board concluded that the profitability results were not unreasonable, given the services rendered and service levels provided by WTAM.

Conclusion

At the conclusion of these discussions, the Board agreed that it had been furnished with sufficient information to make an informed business decision with respect to the renewal of the Agreements. In evaluating the Agreements, the Board considered the conclusions and determinations discussed above and also relied on its previous knowledge, gained through meetings and other interactions with WTAM and the Sub-Adviser, of the Funds and the services provided to the Funds by WTAM and the Sub-Adviser. The Board also relied on information received on a routine and regular basis throughout the year relating to the operations of the Funds and the investment advisory and other services provided under the Agreements. The Board determined to renew the Agreements.

 

100   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


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General Information (unaudited)

 

Proxy Voting Policies, Procedures and Record

A complete copy of the Proxy Voting Policy may be obtained by calling 1-866-909-WISE (9473) or writing to: WisdomTree Trust, c/o ALPS Distributors, Inc., 1290 Broadway, Suite 1100, Denver, Colorado 80203.

The Trust is required to disclose annually the Funds’ complete proxy voting record on Form N-PX covering the most recent 12-month period ended June 30 and to file Form N-PX with the 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 are required to file their complete schedule of portfolio holdings with the SEC for their first and third fiscal quarters on Form N-Q. Copies of the filings are available, without charge, on the SEC’s website at www.sec.gov and are also available by calling the Trust at 1-866-909-WISE (9473). You can also obtain copies of Form N-Q by (i) visiting the SEC’s Public Reference Room in Washington, DC (information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330); (ii) sending your request and a duplicating fee to the SEC’s Public Reference Room, Washington, DC 20549-0102; or (iii) sending your request electronically to 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 Global/Global ex-U.S. and Emerging/Frontier Markets Funds      101   


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The WisdomTree Family of Funds

The following is a list of WisdomTree Funds being offered, along with their respective ticker symbols, as of September 30, 2014:

 

WisdomTree Domestic Earnings and Dividend Funds

 

WisdomTree Dividend ex-Financials Fund (DTN)

 

WisdomTree Earnings 500 Fund (EPS)

 

WisdomTree Equity Income Fund (DHS)

 

WisdomTree LargeCap Dividend Fund (DLN)

 

WisdomTree LargeCap Value Fund (EZY)

 

WisdomTree MidCap Dividend Fund (DON)

 

WisdomTree MidCap Earnings Fund (EZM)

 

WisdomTree SmallCap Dividend Fund (DES)

 

WisdomTree SmallCap Earnings Fund (EES)

 

WisdomTree Total Dividend Fund (DTD)

 

WisdomTree Total Earnings Fund (EXT)

 

WisdomTree U.S. Dividend Growth Fund (DGRW)

 

WisdomTree U.S. SmallCap Dividend Growth Fund (DGRS)

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

 

WisdomTree Australia Dividend Fund (AUSE)

 

WisdomTree DEFA Equity Income Fund (DTH)

 

WisdomTree DEFA Fund (DWM)

 

WisdomTree Europe Dividend Growth Fund (EUDG)

 

WisdomTree Europe Hedged Equity Fund (HEDJ)

 

WisdomTree Europe SmallCap Dividend Fund (DFE)

 

WisdomTree Germany Hedged Equity Fund (DXGE)

 

WisdomTree International Dividend ex-Financials Fund (DOO)

 

WisdomTree International Hedged Dividend Growth Fund (IHDG)

 

WisdomTree International LargeCap Dividend Fund (DOL)

 

WisdomTree International MidCap Dividend Fund (DIM)

 

WisdomTree International SmallCap Dividend Fund (DLS)

 

WisdomTree Japan Hedged Capital Goods Fund (DXJC)

 

WisdomTree Japan Hedged Equity Fund (DXJ)

 

WisdomTree Japan Hedged Financials Fund (DXJF)

 

WisdomTree Japan Hedged Health Care Fund (DXJH)

 

WisdomTree Japan Hedged Real Estate Fund (DXJR)

 

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

 

WisdomTree Japan Hedged Tech, Media and Telecom Fund (DXJT)

 

WisdomTree Japan SmallCap Dividend Fund (DFJ)

 

WisdomTree Korea Hedged Equity Fund (DXKW)

 

WisdomTree United Kingdom Hedged Equity Fund (DXPS)

  

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets

 

WisdomTree Asia Pacific ex-Japan Fund (AXJL)

 

WisdomTree China Dividend ex-Financials Fund (CHXF)

 

WisdomTree Commodity Country Equity Fund (CCXE)

 

WisdomTree Emerging Markets Consumer Growth Fund (EMCG)

 

WisdomTree Emerging Markets Dividend Growth Fund (DGRE)

 

WisdomTree Emerging Markets Equity Income Fund (DEM)

 

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

 

WisdomTree Global Equity Income Fund (DEW)

 

WisdomTree Global ex-U.S. Dividend Growth Fund (DNL)

 

WisdomTree Global ex-U.S. Real Estate Fund (DRW)

 

WisdomTree Global ex-U.S. Utilities Fund (DBU)

 

WisdomTree Global Natural Resources Fund (GNAT)

 

WisdomTree India Earnings Fund (EPI)

 

WisdomTree Middle East Dividend Fund (GULF)

 

WisdomTree Currency Strategy Funds

 

WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU)

 

WisdomTree Brazilian Real Strategy Fund (BZF)

 

WisdomTree Chinese Yuan Strategy Fund (CYB)

 

WisdomTree Commodity Currency Strategy Fund (CCX)

 

WisdomTree Emerging Currency Strategy Fund (CEW)

 

WisdomTree Indian Rupee Strategy Fund (ICN)

 

WisdomTree Fixed Income Funds

 

WisdomTree Asia Local Debt Fund (ALD)

 

WisdomTree Australia & New Zealand Debt Fund (AUNZ)

 

WisdomTree Barclays U.S. Aggregate Bond Negative Duration Fund (AGND)

 

WisdomTree Barclays U.S. Aggregate Bond Zero Duration Fund (AGZD)

 

WisdomTree Bloomberg Floating Rate Treasury Fund (USFR)

 

WisdomTree BofA Merrill Lynch High Yield Bond Negative Duration Fund (HYND)

 

WisdomTree BofA Merrill Lynch High Yield Bond Zero Duration Fund (HYZD)

 

WisdomTree Emerging Markets Corporate Bond Fund (EMCB)

 

WisdomTree Emerging Markets Local Debt Fund (ELD)

 

WisdomTree Euro Debt Fund (EU)

 

WisdomTree Japan Interest Rate Strategy Fund (JGBB)

 

WisdomTree Strategic Corporate Bond Fund (CRDT)

 

WisdomTree Alternative Funds

 

WisdomTree Global Real Return Fund (RRF)

 

WisdomTree Managed Futures Strategy Fund (WDTI)

 

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 ALPS Distributors, Inc., 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.


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Investors should consider the investment objectives, risks, charges and expenses of the Funds carefully before investing. A prospectus, containing this and other information, is available at www.wisdomtree.com, or by calling 1-866-909-WISE (9473). Investors should read the prospectus carefully before investing. There are risks associated with investing, including possible loss of principal. Past performance does not guarantee future results. Indexes are unmanaged and you cannot invest directly in an index.

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. Inflation protected securities do not eliminate risks associated with inflation or deflation. 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.

The Dow Jones Global ex-U.S. Select Real Estate Securities Index is calculated, distributed and marketed by Dow Jones Indexes, a licensed trademark of CME Group Index Services LLC, and has been licensed for use.

Transactions in Fund shares will result in brokerage commissions and will generate tax consequences. Shares may be sold through brokerage accounts, but may be redeemed from the Funds only in large amounts of 50,000 shares or more.


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WisdomTree Trust

245 Park Avenue, 35th Floor

New York, NY 10167

 

LOGO

 

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WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets

WisdomTree Asia Pacific ex-Japan Fund (AXJL)

WisdomTree China Dividend ex-Financials Fund (CHXF)

WisdomTree Commodity Country Equity Fund (CCXE)

WisdomTree Emerging Markets Consumer Growth Fund (EMCG)

WisdomTree Emerging Markets Dividend Growth Fund (DGRE)

WisdomTree Emerging Markets Equity Income Fund (DEM)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

WisdomTree Global Equity Income Fund (DEW)

WisdomTree Global ex-U.S. Dividend Growth Fund (DNL)

WisdomTree Global ex-U.S. Real Estate Fund (DRW)

WisdomTree Global ex-U.S. Utilities Fund (DBU)

WisdomTree Global Natural Resources Fund (GNAT)

WisdomTree India Earnings Fund (EPI)

WisdomTree Middle East Dividend Fund (GULF)

WisdomTree Fund shares are distributed by ALPS Distributors, Inc.

WIS007038 11/2015


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LOGO

 

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WisdomTree Trust

Domestic Earnings and Dividend Funds

 

Semi-Annual Report

September 30, 2014

WisdomTree Dividend ex-Financials Fund (DTN)

WisdomTree Earnings 500 Fund (EPS)

WisdomTree Equity Income Fund (DHS)

WisdomTree LargeCap Dividend Fund (DLN)

WisdomTree LargeCap Value Fund (EZY)

WisdomTree MidCap Dividend Fund (DON)

WisdomTree MidCap Earnings Fund (EZM)

WisdomTree SmallCap Dividend Fund (DES)

WisdomTree SmallCap Earnings Fund (EES)

WisdomTree Total Dividend Fund (DTD)

WisdomTree Total Earnings Fund (EXT)

WisdomTree U.S. Dividend Growth Fund (DGRW)

WisdomTree U.S. SmallCap Dividend Growth Fund (DGRS)


Table of Contents

Table of Contents

 

Performance Summaries (unaudited)

       1   

Description of Indexes (unaudited)

       14   

Shareholder Expense Examples (unaudited)

       16   
Schedules of Investments (unaudited)     

WisdomTree Dividend ex-Financials Fund

       18   

WisdomTree Earnings 500 Fund

       20   

WisdomTree Equity Income Fund

       27   

WisdomTree LargeCap Dividend Fund

       33   

WisdomTree LargeCap Value Fund

       38   

WisdomTree MidCap Dividend Fund

       43   

WisdomTree MidCap Earnings Fund

       49   

WisdomTree SmallCap Dividend Fund

       57   

WisdomTree SmallCap Earnings Fund

       65   

WisdomTree Total Dividend Fund

       75   

WisdomTree Total Earnings Fund

       86   

WisdomTree U.S. Dividend Growth Fund

       101   

WisdomTree U.S. SmallCap Dividend Growth Fund

       105   

Statements of Assets and Liabilities (unaudited)

       109   

Statements of Operations (unaudited)

       112   

Statements of Changes in Net Assets (unaudited)

       115   

Financial Highlights (unaudited)

       120   

Notes to Financial Statements (unaudited)

       127   

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

       136   

General Information (unaudited)

       138   

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


Table of Contents

Performance Summary (unaudited)

WisdomTree Dividend ex-Financials Fund (DTN)

 

Sector Breakdown† as of 9/30/14

 

Sector   % of Net Assets  

Utilities

    17.0%   

Consumer Staples

    13.8%   

Energy

    12.2%   

Information Technology

    11.5%   

Healthcare

    10.2%   

Industrials

    10.1%   

Materials

    9.3%   

Consumer Discretionary

    8.9%   

Telecommunication Services

    6.0%   

Financials

    0.7%   

Investment Companies

    0.1%   

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.

 

Other assets includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

CenturyLink, Inc.

    2.8%   

Entergy Corp.

    2.1%   

FirstEnergy Corp.

    2.1%   

Williams Cos., Inc. (The)

    2.1%   

Altria Group, Inc.

    2.0%   

Reynolds American, Inc.

    1.9%   

Exelon Corp.

    1.8%   

PPL Corp.

    1.7%   

AT&T, Inc.

    1.7%   

Kinder Morgan, 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 investment of cash collateral for securities on loan (if any).

The WisdomTree Dividend ex-Financials Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Dividend ex-Financials Index.

The Fund returned 5.85% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Consumer Staples. The Fund’s position in Consumer Discretionary created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.38%.

Performance as of 9/30/14

 

        Average Annual Total Return  
          6-Month*      1 Year      3 Year      5 Year      Since
Inception1
 

Fund NAV Returns

       5.85      18.72      20.26      18.27      8.55

Fund Market Price Returns

       5.88      18.78      20.23      18.27      8.54

WisdomTree Dividend Top 100/Dividend ex-Financials Spliced Index2

       6.02      19.15      20.69      18.75      8.95

Dow Jones U.S. Select Dividend Index (SM)

       2.51      15.34      19.68      16.81      6.56
* Returns of less than one year are cumulative.
1

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

2

WisdomTree Dividend Top 100 Index through May 7, 2009; WisdomTree Dividend ex-Financials Index thereafter.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

WisdomTree Domestic Earnings and Dividend Funds      1   


Table of Contents

Performance Summary (unaudited)

WisdomTree Earnings 500 Fund (EPS)

 

Sector Breakdown† as of 9/30/14

 

Sector   % of Net Assets  

Information Technology

    20.2%   

Financials

    19.1%   

Consumer Discretionary

    11.4%   

Healthcare

    11.0%   

Energy

    10.5%   

Consumer Staples

    10.2%   

Industrials

    9.7%   

Materials

    3.1%   

Utilities

    2.6%   

Telecommunication Services

    2.0%   

Investment Companies

    0.1%   

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.

 

Other assets includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Apple, Inc.

    4.6%   

Exxon Mobil Corp.

    3.3%   

Microsoft Corp.

    2.8%   

JPMorgan Chase & Co.

    2.4%   

Wells Fargo & Co.

    2.3%   

Chevron Corp.

    2.0%   

Berkshire Hathaway, Inc., Class B

    2.0%   

International Business Machines Corp.

    1.7%   

Wal-Mart Stores, Inc.

    1.6%   

Johnson & Johnson

    1.6%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree Earnings 500 Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Earnings 500 Index.

The Fund returned 6.08% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Information Technology. The Fund’s position in Utilities contributed the least to performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.28%.

Performance as of 9/30/14

 

        Average Annual Total Return  
          6-Month*      1 Year      3 Year      5 Year     

Since

Inception1

 

Fund NAV Returns

       6.08      19.87      22.69      15.50      6.41

Fund Market Price Returns

       6.02      19.88      22.69      15.54      6.41

WisdomTree Earnings 500 Index

       6.23      20.25      23.08      15.84      6.73

S&P 500® Index

       6.42      19.73      22.99      15.70      6.39
* Returns of less than one year are cumulative.
1

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on February 23, 2007.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

2   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Performance Summary (unaudited)

WisdomTree Equity Income Fund (DHS)

 

Sector Breakdown† as of 9/30/14

 

Sector   % of Net Assets  

Financials

    18.4%   

Consumer Staples

    14.7%   

Healthcare

    13.8%   

Information Technology

    12.3%   

Utilities

    10.8%   

Telecommunication Services

    8.8%   

Energy

    7.6%   

Industrials

    7.1%   

Materials

    3.3%   

Consumer Discretionary

    2.7%   

Investment Companies

    0.2%   

Other Assets less Liabilities

    0.3%   

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.

 

Other assets includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Microsoft Corp.

    5.5%   

AT&T, Inc.

    4.5%   

Johnson & Johnson

    4.0%   

Chevron Corp.

    3.5%   

Wells Fargo & Co.

    3.4%   

General Electric Co.

    3.3%   

Procter & Gamble Co. (The)

    3.1%   

Verizon Communications, Inc.

    2.9%   

Intel Corp.

    2.9%   

Pfizer, Inc.

    2.8%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree Equity Income Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Equity Income Index.

The Fund returned 6.18% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Information Technology. The Fund’s position in Consumer Discretionary created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.38%.

Performance as of 9/30/14

 

        Average Annual Total Return  
          6-Month*      1 Year      3 Year      5 Year      Since
Inception1
 

Fund NAV Returns

       6.18      17.60      19.52      16.18      6.05

Fund Market Price Returns

       6.21      17.77      19.52      16.22      6.06

WisdomTree Equity Income Index

       6.37      18.00      19.94      16.64      6.37

Russell 1000® Value Index

       4.90      18.89      23.93      15.26      6.81
* Returns of less than one year are cumulative.
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

WisdomTree Domestic Earnings and Dividend Funds      3   


Table of Contents

Performance Summary (unaudited)

WisdomTree LargeCap Dividend Fund (DLN)

 

Sector Breakdown† as of 9/30/14

 

Sector   % of Net Assets  

Information Technology

    17.4%   

Consumer Staples

    14.6%   

Financials

    13.9%   

Healthcare

    11.8%   

Energy

    10.5%   

Industrials

    9.8%   

Consumer Discretionary

    7.8%   

Utilities

    5.5%   

Telecommunication Services

    5.2%   

Materials

    3.3%   

Investment Companies

    0.0%   

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.

 

Other assets includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Apple, Inc.

    4.2%   

Microsoft Corp.

    3.5%   

Exxon Mobil Corp.

    3.1%   

AT&T, Inc.

    2.9%   

Johnson & Johnson

    2.6%   

Chevron Corp.

    2.3%   

Wells Fargo & Co.

    2.2%   

General Electric Co.

    2.1%   

Procter & Gamble Co. (The)

    2.0%   

Verizon Communications, Inc.

    1.9%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree LargeCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree LargeCap Dividend Index.

The Fund returned 6.31% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Information Technology. The Fund’s position in Materials contributed the least to performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.28%.

Performance as of 9/30/14

 

        Average Annual Total Return  
          6-Month*      1 Year      3 Year      5 Year      Since
Inception1
 

Fund NAV Returns

       6.31      18.90      20.70      15.65      7.19

Fund Market Price Returns

       6.28      18.96      20.66      15.69      7.16

WisdomTree LargeCap Dividend Index

       6.48      19.26      21.04      16.04      7.55

S&P 500® Index

       6.42      19.73      22.99      15.70      7.91
* Returns of less than one year are cumulative.
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

4   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Performance Summary (unaudited)

WisdomTree LargeCap Value Fund (EZY)

 

Sector Breakdown† as of 9/30/14

 

Sector   % of Net Assets  

Financials

    25.4%   

Industrials

    15.0%   

Consumer Discretionary

    13.0%   

Healthcare

    11.9%   

Information Technology

    10.4%   

Energy

    9.8%   

Materials

    6.8%   

Consumer Staples

    6.1%   

Utilities

    1.3%   

Investment Companies

    0.2%   

Telecommunication Services

    0.1%   

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.

 

Other assets includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

JPMorgan Chase & Co.

    4.4%   

Wells Fargo & Co.

    3.2%   

Berkshire Hathaway, Inc., Class B

    3.1%   

ConocoPhillips

    3.1%   

Hewlett-Packard Co.

    2.7%   

Ford Motor Co.

    2.6%   

Bank of America Corp.

    2.4%   

UnitedHealth Group, Inc.

    2.4%   

Citigroup, Inc.

    2.2%   

Boeing Co. (The)

    2.0%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree LargeCap Value Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree LargeCap Value Index.

The Fund returned 5.10% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Financials. The Fund’s position in Telecommunication Services contributed the least to performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.38%.

Performance as of 9/30/14

 

        Average Annual Total Return  
          6-Month*      1 Year      3 Year      5 Year      Since
Inception1
 

Fund NAV Returns

       5.10      18.79      21.60      15.03      4.59

Fund Market Price Returns

       5.10      18.83      21.59      15.04      4.61

WisdomTree Low P/E/LargeCap Value Spliced Index2

       5.31      19.23      22.03      15.49      4.95

Russell 1000® Value Index

       4.90      18.89      23.93      15.26      4.87
* Returns of less than one year are cumulative.
1

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on February 23, 2007.

2

WisdomTree Low P/E Index through June 19, 2009; WisdomTree LargeCap Value Index thereafter.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

WisdomTree Domestic Earnings and Dividend Funds      5   


Table of Contents

Performance Summary (unaudited)

WisdomTree MidCap Dividend Fund (DON)

 

Sector Breakdown† as of 9/30/14

 

Sector    % of Net Assets  

Financials

     25.1

Consumer Discretionary

     14.5

Utilities

     14.0

Industrials

     12.3

Materials

     9.3

Information Technology

     7.0

Consumer Staples

     5.8

Energy

     5.6

Telecommunication Services

     3.7

Healthcare

     2.2

Investment Companies

     0.2

Other Assets less Liabilities

     0.3

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.

 

Other assets includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Windstream Holdings, Inc.

    2.1%   

Frontier Communications Corp.

    1.5%   

Ameren Corp.

    1.1%   

Dr. Pepper Snapple Group, Inc.

    1.1%   

Pepco Holdings, Inc.

    1.0%   

Wisconsin Energy Corp.

    1.0%   

Digital Realty Trust, Inc.

    0.9%   

Microchip Technology, Inc.

    0.8%   

Maxim Integrated Products, Inc.

    0.8%   

CMS Energy Corp.

    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 investment of cash collateral for securities on loan (if any).

The WisdomTree MidCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree MidCap Dividend Index.

The Fund returned 2.79% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Telecommunication Services. The Fund’s position in Energy created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.38%.

Performance as of 9/30/14

 

        Average Annual Total Return  
          6-Month*      1 Year      3 Year      5 Year      Since
Inception1
 

Fund NAV Returns

       2.79      15.47      22.71      17.47      8.79

Fund Market Price Returns

       2.80      15.43      22.74      17.47      8.85

WisdomTree MidCap Dividend Index

       2.97      15.79      23.06      17.94      8.77

S&P MidCap 400® Index

       0.17      11.82      22.43      16.37      9.30
* Returns of less than one year are cumulative.
1

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

6   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Performance Summary (unaudited)

WisdomTree MidCap Earnings Fund (EZM)

 

Sector Breakdown† as of 9/30/14

 

Sector   % of Net Assets  

Financials

    23.3%   

Industrials

    19.5%   

Consumer Discretionary

    17.0%   

Information Technology

    12.8%   

Healthcare

    6.2%   

Utilities

    6.1%   

Materials

    6.0%   

Energy

    5.4%   

Consumer Staples

    3.2%   

Telecommunication Services

    0.3%   

Investment Companies

    0.1%   

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.

 

Other assets includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

 

Description   % of Net Assets  

Pilgrim’s Pride Corp.

    0.8%   

Synovus Financial Corp.

    0.8%   

American Airlines Group, Inc.

    0.8%   

Joy Global, Inc.

    0.8%   

Liberty Ventures, Series A

    0.7%   

MBIA, Inc.

    0.7%   

Liberty TripAdvisor Holdings, Inc., Class A

    0.6%   

Alaska Air Group, Inc.

    0.6%   

Skyworks Solutions, Inc.

    0.6%   

Foot Locker, Inc.

    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 investment of cash collateral for securities on loan (if any).

The WisdomTree MidCap Earnings Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree MidCap Earnings Index.

The Fund returned -0.81% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Health Care. The Fund’s position in Industrials created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.38%.

Performance as of 9/30/14

 

        Average Annual Total Return  
          6-Month*      1 Year      3 Year      5 Year      Since
Inception1
 

Fund NAV Returns

       -0.81      12.38      24.75      18.15      9.10

Fund Market Price Returns

       -0.71      12.40      24.79      18.16      9.11

WisdomTree MidCap Earnings Index

       -0.66      12.62      25.07      18.55      9.31

S&P MidCap 400® Index

       0.17      11.82      22.43      16.37      7.79
* Returns of less than one year are cumulative.
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on February 23, 2007.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

WisdomTree Domestic Earnings and Dividend Funds      7   


Table of Contents

Performance Summary (unaudited)

WisdomTree SmallCap Dividend Fund (DES)

 

Sector Breakdown† as of 9/30/14

 

Sector   % of Net Assets  

Financials

    26.4%   

Industrials

    18.2%   

Utilities

    12.6%   

Information Technology

    10.5%   

Consumer Discretionary

    10.3%   

Materials

    7.2%   

Consumer Staples

    6.1%   

Healthcare

    4.3%   

Energy

    2.3%   

Telecommunication Services

    1.7%   

Investment Companies

    0.2%   

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.

 

Other assets includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Vector Group Ltd.

    2.0%   

Covanta Holding Corp.

    1.1%   

Compuware Corp.

    1.0%   

Lexmark International, Inc., Class A

    1.0%   

WGL Holdings, Inc.

    0.9%   

UIL Holdings Corp.

    0.9%   

Portland General Electric Co.

    0.9%   

Consolidated Communications Holdings, Inc.

    0.8%   

Compass Minerals International, Inc.

    0.8%   

Avista Corp.

    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 investment of cash collateral for securities on loan (if any).

The WisdomTree SmallCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree SmallCap Dividend Index.

The Fund returned -3.64% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Telecommunication Services. The Fund’s position in Industrials created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.38%.

Performance as of 9/30/14

 

        Average Annual Total Return  
          6-Month*      1 Year      3 Year      5 Year      Since
Inception1
 

Fund NAV Returns

       -3.64      6.61      21.93      15.41      7.04

Fund Market Price Returns

       -3.61      6.45      21.98      15.39      7.03

WisdomTree SmallCap Dividend Index

       -3.57      6.90      21.99      15.61      7.08

Russell 2000® Index

       -5.46      3.93      21.26      14.29      7.20
* Returns of less than one year are cumulative.
1

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

8   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Performance Summary (unaudited)

WisdomTree SmallCap Earnings Fund (EES)

 

Sector Breakdown† as of 9/30/14

 

Sector   % of Net Assets  

Financials

    23.2%   

Industrials

    18.1%   

Consumer Discretionary

    18.0%   

Information Technology

    14.6%   

Healthcare

    8.5%   

Energy

    5.0%   

Materials

    4.6%   

Consumer Staples

    3.9%   

Utilities

    2.7%   

Telecommunication Services

    1.2%   

Investment Companies

    0.1%   

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.

 

Other assets includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

American Axle & Manufacturing Holdings, Inc.

    1.1%   

Cooper Tire & Rubber Co.

    1.1%   

MDC Holdings, Inc.

    0.9%   

PDL BioPharma, Inc.

    0.8%   

American Equity Investment Life Holding Co.

    0.8%   

PBF Energy, Inc., Class A

    0.7%   

TiVo, Inc.

    0.7%   

Synaptics, Inc.

    0.7%   

Cash America International, Inc.

    0.6%   

Acorda Therapeutics, Inc.

    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 investment of cash collateral for securities on loan (if any).

The WisdomTree SmallCap Earnings Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree SmallCap Earnings Index.

The Fund returned -5.97% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance was least impacted from its position in Utilities. The Fund’s position in Financials created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.38%.

Performance as of 9/30/14

 

        Average Annual Total Return  
          6-Month*      1 Year      3 Year      5 Year      Since
Inception1
 

Fund NAV Returns

       -5.97      4.09      22.21      15.11      7.01

Fund Market Price Returns

       -6.18      3.99      22.25      15.08      6.98

WisdomTree SmallCap Earnings Index

       -5.87      4.28      22.44      15.35      7.09

Russell 2000® Index

       -5.46      3.93      21.26      14.29      5.29
* Returns of less than one year are cumulative.
1

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on February 23, 2007.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

WisdomTree Domestic Earnings and Dividend Funds      9   


Table of Contents

Performance Summary (unaudited)

WisdomTree Total Dividend Fund (DTD)

 

Sector Breakdown† as of 9/30/14

 

Sector   % of Net Assets  

Financials

    17.7%   

Information Technology

    15.6%   

Consumer Staples

    13.1%   

Healthcare

    10.4%   

Industrials

    9.9%   

Energy

    9.5%   

Consumer Discretionary

    8.3%   

Utilities

    6.3%   

Telecommunication Services

    4.8%   

Materials

    3.9%   

Investment Companies

    0.3%   

Other Assets less Liabilities

    0.2%   

Total

    100.0%   

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries.

 

Other assets includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Apple, Inc.

    3.6%   

Microsoft Corp.

    3.0%   

Exxon Mobil Corp.

    2.6%   

AT&T, Inc.

    2.5%   

Johnson & Johnson

    2.2%   

Chevron Corp.

    1.9%   

Wells Fargo & Co.

    1.8%   

General Electric Co.

    1.8%   

Procter & Gamble Co. (The)

    1.7%   

Verizon Communications, Inc.

    1.6%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree Total Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Dividend Index.

The Fund returned 5.50% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Information Technology. The Fund’s position in Materials contributed the least to performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.28%.

Performance as of 9/30/14

 

        Average Annual Total Return  
          6-Month*      1 Year      3 Year      5 Year      Since
Inception1
 

Fund NAV Returns

       5.50      18.00      20.82      15.79      7.35

Fund Market Price Returns

       5.64      18.19      20.82      15.82      7.34

WisdomTree Dividend Index

       5.64      18.33      21.22      16.34      7.80

Russell 3000® Index

       4.88      17.76      23.08      15.78      8.03
* Returns of less than one year are cumulative.
1

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

10   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Performance Summary (unaudited)

WisdomTree Total Earnings Fund (EXT)

 

Sector Breakdown† as of 9/30/14

 

Sector   % of Net Assets  

Financials

    19.7%   

Information Technology

    19.5%   

Consumer Discretionary

    12.0%   

Industrials

    10.7%   

Healthcare

    10.5%   

Energy

    9.9%   

Consumer Staples

    9.5%   

Materials

    3.4%   

Utilities

    2.9%   

Telecommunication Services

    1.8%   

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.

 

Other assets includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Apple, Inc.

    4.1%   

Exxon Mobil Corp.

    3.0%   

Microsoft Corp.

    2.5%   

JPMorgan Chase & Co.

    2.2%   

Wells Fargo & Co.

    2.1%   

Chevron Corp.

    1.8%   

Berkshire Hathaway, Inc., Class B

    1.8%   

International Business Machines Corp.

    1.5%   

Wal-Mart Stores, Inc.

    1.5%   

Johnson & Johnson

    1.4%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree Total Earnings Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Earnings Index.

The Fund returned 5.02% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Information Technology. The Fund’s position in Utilities contributed the least to performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.28%.

Performance as of 9/30/14

 

        Average Annual Total Return  
          6-Month*      1 Year      3 Year      5 Year      Since
Inception1
 

Fund NAV Returns

       5.02      18.62      22.81      15.71      6.71

Fund Market Price Returns

       5.02      18.63      22.81      15.73      6.72

WisdomTree Earnings Index

       5.25      19.06      23.28      16.06      6.98

Russell 3000® Index

       4.88      17.76      23.08      15.78      6.43
* Returns of less than one year are cumulative.
1

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on February 23, 2007.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

WisdomTree Domestic Earnings and Dividend Funds      11   


Table of Contents

Performance Summary (unaudited)

WisdomTree U.S. Dividend Growth Fund (DGRW)

 

Sector Breakdown† as of 9/30/14

 

Sector   % of Net Assets  

Information Technology

    22.3%   

Consumer Staples

    19.4%   

Consumer Discretionary

    16.3%   

Industrials

    16.0%   

Healthcare

    8.7%   

Energy

    8.0%   

Materials

    4.7%   

Financials

    4.3%   

Utilities

    0.1%   

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.

 

Other assets includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Exxon Mobil Corp.

    5.2%   

Apple, Inc.

    4.5%   

Microsoft Corp.

    4.4%   

Procter & Gamble Co. (The)

    3.5%   

Wal-Mart Stores, Inc.

    3.2%   

Coca-Cola Co. (The)

    2.8%   

Intel Corp.

    2.7%   

Altria Group, Inc.

    2.5%   

McDonald’s Corp.

    2.2%   

PepsiCo, Inc.

    2.1%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree U.S. Dividend Growth Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Dividend Growth Index.

The Fund returned 5.62% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Information Technology. The Fund’s position in Energy created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.28%.

Performance as of 9/30/14

 

        Average Annual Total Return  
          6-Month*      1 Year      Since
Inception1
 

Fund NAV Returns

       5.62      17.84      14.76

Fund Market Price Returns

       5.66      17.87      14.77

WisdomTree U.S. Dividend Growth Index

       5.74      18.16      15.08

NASDAQ U.S. Dividend Achievers (TM) Select Index

       3.38      12.95      11.11
* Returns of less than one year are cumulative.
1 

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on May 22, 2013.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

12   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Performance Summary (unaudited)

WisdomTree U.S. SmallCap Dividend Growth Fund (DGRS)

 

Sector Breakdown† as of 9/30/14

 

Sector   % of Net Assets  

Industrials

    28.6%   

Financials

    18.7%   

Consumer Discretionary

    15.6%   

Materials

    12.6%   

Information Technology

    12.5%   

Healthcare

    5.1%   

Consumer Staples

    3.6%   

Energy

    2.5%   

Telecommunication Services

    0.6%   

Other Assets less Liabilities

    0.2%   

Total

    100.0%   

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries.

 

Other assets includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 9/30/14

 

Description   % of Net Assets  

Janus Capital Group, Inc.

    2.0%   

National Health Investors, Inc.

    1.9%   

Olin Corp.

    1.6%   

Geo Group, Inc. (The)

    1.6%   

U.S. Silica Holdings, Inc.

    1.5%   

Deluxe Corp.

    1.5%   

j2 Global, Inc.

    1.5%   

AVX Corp.

    1.4%   

Healthcare Services Group, Inc.

    1.3%   

Compass Minerals International, Inc.

    1.3%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree U.S. SmallCap Dividend Growth Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. SmallCap Dividend Growth Index.

The Fund returned -4.71% at net asset value (“NAV”) for the six-month period ending September 30, 2014 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Financials. The Fund’s position in Industrials created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of the Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes a shareholder would pay on the sale of Fund shares or on Fund distributions. As of the Fund’s current prospectus dated August 1, 2014, the Fund’s annual expense ratio was 0.38%.

Performance as of 9/30/14

 

        Average Annual Total Return  
          6-Month*      1 Year      Since
Inception1
 

Fund NAV Returns

       -4.71      4.77      7.75

Fund Market Price Returns

       -4.68      4.61      7.60

WisdomTree U.S. SmallCap Dividend Growth Index

       -4.63      5.08      8.06

Russell 2000® Index

       -5.46      3.93      5.18
* Returns of less than one year are cumulative.
1 

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on July 25, 2013.

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. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Fund NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV. Market price returns reflect the midpoint of the bid/ask spread 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.

 

WisdomTree Domestic Earnings and Dividend Funds      13   


Table of Contents

Description of Indexes (unaudited)

 

 

Below are descriptions of each Index referenced in this report:

The Dow Jones U.S. Select Dividend IndexSM is comprised of 100 U.S. dividend-paying companies.

The NASDAQ U.S. Dividend AchieversTM Select Index is a capitalization-weighted index that measures the performance of U.S. common stocks that have a history of increasing dividends for at least ten consecutive years.

The Russell 1000® Value Index is a capitalization-weighted index that is comprised of the large-capitalization value segment of the U.S. equity universe, selecting from the Russell 1000 Index.

The Russell 2000® Index is a capitalization-weighted index that is comprised of the smallest 2,000 securities in the Russell 3000 Index, based on total market capitalization.

The Russell 3000® Index is a capitalization-weighted index that is comprised of the 3,000 largest U.S. companies, based on total market capitalization.

The S&P 500® Index is a capitalization-weighted index of 500 stocks selected by Standard & Poor’s Index Committee, designed to represent the performance of the leading industries in the United States economy.

The S&P MidCap 400® Index is a capitalization-weighted index that is comprised of the mid-capitalization range of the U.S. stock market, with stocks selected by the Standard & Poor’s Index Committee.

The WisdomTree Dividend ex-Financials Index is comprised of high dividend-yielding stocks outside the financial sector.

The WisdomTree Dividend Index defines the dividend-paying portion of the U.S. stock market.

The WisdomTree Dividend Top 100 Index is comprised of the 100 highest dividend-yielding companies in the WisdomTree LargeCap Dividend Index.

The WisdomTree Earnings 500 Index is comprised of earnings-generating companies within the large-capitalization segment of the U.S. stock market.

The WisdomTree Earnings Index is comprised of earnings-generating companies within the broad U.S. stock market.

The WisdomTree Equity Income Index is comprised of companies with high dividend yields, selected from the WisdomTree Dividend Index.

The WisdomTree LargeCap Dividend Index is comprised of the large-capitalization segment of the U.S. dividend-paying market, selected from the WisdomTree Dividend Index.

The WisdomTree LargeCap Value Index is comprised of the large-capitalization value segment within the earnings-generating companies of the U.S. stock market.

The WisdomTree Low P/E Index is comprised of companies with the lowest price-to- earnings ratios (P/E ratios) in the WisdomTree Earnings Index.

The WisdomTree MidCap Dividend Index is comprised of the mid-capitalization segment of the U.S. dividend-paying market, selected from the WisdomTree Dividend Index.

The WisdomTree MidCap Earnings Index is comprised of earnings-generating companies within the mid-capitalization segment of the U.S. stock market.

The WisdomTree SmallCap Dividend Index is comprised of the small-capitalization segment of the U.S. dividend-paying market, selected from the WisdomTree Dividend Index.

The WisdomTree SmallCap Earnings Index is comprised of earnings-generating companies within the small-capitalization segment of the U.S. stock market.

The WisdomTree U.S. Dividend Growth Index is comprised of dividend-paying stocks with growth characteristics.

 

14   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Description of Indexes (unaudited) (concluded)

 

The WisdomTree U.S. SmallCap Dividend Growth Index is comprised of the small-capitalization segment of dividend-paying stocks with growth characteristics.

Index performance information assumes the reinvestment of net dividends and excludes management fees, transaction costs and expenses. You cannot directly invest in an index.

The Dow Jones U.S. Select Dividend Index is calculated, distributed and marketed by Dow Jones Indexes, a licensed trademark of CME Group Index Services LLC, and has been licensed for use.

The Global Industry Classification Standard (“GICS”) was developed by and is the exclusive property and a service mark of MSCI Inc. (“MSCI”) and Standard & Poor’s (“S&P”), a division of The McGraw-Hill Companies, Inc., and is licensed for use by WisdomTree 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.

 

WisdomTree Domestic Earnings and Dividend Funds      15   


Table of Contents

Shareholder Expense Examples (unaudited)

 

 

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 following example is intended to help you understand your ongoing costs (in dollars and cents) of investing in a Fund and to compare these costs with the ongoing costs of investing in other funds.

The example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period from April 1, 2014 to September 30, 2014.

Actual expenses

The first line under each Fund in the table on the next page provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line for your Fund under the heading entitled “Expenses Paid During the Period 4/1/14 to 9/30/14” to estimate the expenses you paid on your account during the period.

Hypothetical example for comparison purposes

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

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

 

16   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Shareholder Expense Examples (unaudited) (concluded)

 

      Beginning
Account Value
4/1/14
     Ending
Account Value
9/30/14
     Annualized
Expense Ratio
Based on the
Period
4/1/14 to
9/30/14
    Expenses Paid
During the
Period†
4/1/14 to
9/30/14
 

WisdomTree Dividend ex-Financials Fund

          

Actual

   $ 1,000.00       $ 1,058.50         0.39   $ 2.01   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,023.11         0.39   $ 1.98   

WisdomTree Earnings 500 Fund

          

Actual

   $ 1,000.00       $ 1,060.80         0.29   $ 1.50   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,023.61         0.29   $ 1.47   

WisdomTree Equity Income Fund

          

Actual

   $ 1,000.00       $ 1,061.80         0.39   $ 2.02   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,023.11         0.39   $ 1.98   

WisdomTree LargeCap Dividend Fund

          

Actual

   $ 1,000.00       $ 1,063.10         0.29   $ 1.50   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,023.61         0.29   $ 1.47   

WisdomTree LargeCap Value Fund

          

Actual

   $ 1,000.00       $ 1,051.00         0.39   $ 2.01   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,023.11         0.39   $ 1.98   

WisdomTree MidCap Dividend Fund

          

Actual

   $ 1,000.00       $ 1,027.90         0.39   $ 1.98   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,023.11         0.39   $ 1.98   

WisdomTree MidCap Earnings Fund

          

Actual

   $ 1,000.00       $ 991.90         0.39   $ 1.95   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,023.11         0.39   $ 1.98   

WisdomTree SmallCap Dividend Fund

          

Actual

   $ 1,000.00       $ 963.60         0.39   $ 1.92   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,023.11         0.39   $ 1.98   

WisdomTree SmallCap Earnings Fund

          

Actual

   $ 1,000.00       $ 940.30         0.39   $ 1.90   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,023.11         0.39   $ 1.98   

WisdomTree Total Dividend Fund

          

Actual

   $ 1,000.00       $ 1,055.00         0.29   $ 1.49   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,023.61         0.29   $ 1.47   

WisdomTree Total Earnings Fund

          

Actual

   $ 1,000.00       $ 1,050.20         0.29   $ 1.49   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,023.61         0.29   $ 1.47   

WisdomTree U.S. Dividend Growth Fund

          

Actual

   $ 1,000.00       $ 1,056.20         0.29   $ 1.49   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,023.61         0.29   $ 1.47   

WisdomTree U.S. SmallCap Dividend Growth Fund

          

Actual

   $ 1,000.00       $ 952.90         0.39   $ 1.91   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,023.11         0.39   $ 1.98   

 

Expenses are calculated using each Fund’s annualized expense ratio, multiplied by the average account value for the period, multiplied by 183/365 (to reflect the one-half year period).

 

WisdomTree Domestic Earnings and Dividend Funds      17   


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Dividend ex-Financials Fund (DTN)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 99.7%      
United States – 99.7%      
Aerospace & Defense – 3.7%      

General Dynamics Corp.

     105,615       $ 13,422,610   

Lockheed Martin Corp.

     103,465         18,911,333   

Raytheon Co.

     112,289         11,410,808   
     

 

 

 
Total Aerospace & Defense               43,744,751   
Air Freight & Logistics – 0.8%      

United Parcel Service, Inc. Class B

     92,592         9,100,868   
Beverages – 1.3%      

Dr. Pepper Snapple Group, Inc.

     250,744         16,125,347   
Chemicals – 5.4%      

Air Products & Chemicals, Inc.

     94,069         12,245,902   

CF Industries Holdings, Inc.

     30,905         8,629,294   

Dow Chemical Co. (The)(a)

     283,666         14,875,445   

E.I. du Pont de Nemours & Co.

     181,148         12,999,181   

Mosaic Co. (The)

     178,823         7,941,529   

Praxair, Inc.

     58,160         7,502,640   
     

 

 

 
Total Chemicals               64,193,991   
Commercial Services & Supplies – 2.3%      

Republic Services, Inc.

     348,752         13,608,303   

Waste Management, Inc.

     286,579         13,621,100   
     

 

 

 
Total Commercial Services & Supplies               27,229,403   
Communications Equipment – 1.2%      

Cisco Systems, Inc.

     587,786         14,794,574   
Distributors – 0.9%      

Genuine Parts Co.(a)

     123,523         10,834,202   
Diversified Consumer Services – 1.0%      

H&R Block, Inc.

     389,700         12,084,597   
Diversified Telecommunication Services – 6.0%      

AT&T, Inc.

     575,518         20,281,254   

CenturyLink, Inc.

     825,546         33,756,576   

Verizon Communications, Inc.

     336,787         16,835,982   
     

 

 

 
Total Diversified Telecommunication Services               70,873,812   
Electric Utilities – 10.9%      

Duke Energy Corp.

     242,178         18,107,649   

Entergy Corp.(a)

     326,080         25,215,766   

Exelon Corp.(a)

     615,101         20,968,793   

FirstEnergy Corp.

     742,853         24,937,575   

PPL Corp.

     622,527         20,443,787   

Southern Co. (The)(a)

     452,223         19,739,534   
     

 

 

 
Total Electric Utilities               129,413,104   
Electrical Equipment – 0.8%      

Emerson Electric Co.

     145,766         9,122,036   
Energy Equipment & Services – 2.1%      

Diamond Offshore Drilling, Inc.(a)

     397,181         13,611,393   

Helmerich & Payne, Inc.(a)

     121,926         11,932,898   
     

 

 

 
Total Energy Equipment & Services               25,544,291   
Food & Staples Retailing – 1.1%      

Sysco Corp.

     356,776         13,539,649   
Investments    Shares      Value  
     
Food Products – 2.4%      

ConAgra Foods, Inc.

     369,141       $ 12,196,419   

Kraft Foods Group, Inc.

     287,419         16,210,431   
     

 

 

 
Total Food Products               28,406,850   
Health Care Equipment & Supplies – 2.5%      

Abbott Laboratories

     236,750         9,846,432   

Baxter International, Inc.

     167,279         12,005,614   

ResMed, Inc.(a)

     163,607         8,060,917   
     

 

 

 
Total Health Care Equipment & Supplies               29,912,963   
Health Care Providers & Services – 0.7%      

Quest Diagnostics, Inc.(a)

     138,133         8,381,910   
Hotels, Restaurants & Leisure – 3.2%      

Darden Restaurants, Inc.(a)

     305,597         15,726,022   

McDonald’s Corp.

     134,301         12,733,078   

Wynn Resorts Ltd.

     49,068         9,179,641   
     

 

 

 
Total Hotels, Restaurants & Leisure               37,638,741   
Household Products – 2.0%      

Clorox Co. (The)(a)

     126,543         12,153,190   

Kimberly-Clark Corp.

     108,626         11,684,899   
     

 

 

 
Total Household Products               23,838,089   
Industrial Conglomerates – 0.9%      

General Electric Co.

     397,914         10,194,557   
IT Services – 1.9%      

Paychex, Inc.

     289,837         12,810,796   

Western Union Co. (The)(a)

     650,554         10,434,886   
     

 

 

 
Total IT Services               23,245,682   
Leisure Products – 0.7%      

Mattel, Inc.(a)

     268,986         8,244,421   
Machinery – 1.8%      

Caterpillar, Inc.

     126,050         12,482,732   

Deere & Co.(a)

     106,269         8,712,995   
     

 

 

 
Total Machinery               21,195,727   
Metals & Mining – 2.9%      

Freeport-McMoRan, Inc.

     379,261         12,382,872   

Newmont Mining Corp.

     477,825         11,013,866   

Nucor Corp.

     206,963         11,233,952   
     

 

 

 
Total Metals & Mining               34,630,690   
Multi-Utilities – 6.1%      

Ameren Corp.

     471,191         18,060,751   

Consolidated Edison, Inc.(a)

     298,605         16,918,959   

PG&E Corp.

     419,441         18,891,623   

Public Service Enterprise Group, Inc.

     512,787         19,096,188   
     

 

 

 
Total Multi-Utilities               72,967,521   
Multiline Retail – 1.8%      

Kohl’s Corp.(a)

     184,806         11,278,710   

Target Corp.(a)

     156,648         9,818,697   
     

 

 

 
Total Multiline Retail               21,097,407   
Oil, Gas & Consumable Fuels – 10.0%      

Chevron Corp.

     106,718         12,733,592   

 

See Notes to Financial Statements.

 

18   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Dividend ex-Financials Fund (DTN)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

ConocoPhillips

     208,686       $ 15,968,653   

Exxon Mobil Corp.

     104,780         9,854,559   

HollyFrontier Corp.(a)

     206,146         9,004,457   

Kinder Morgan, Inc.

     527,989         20,243,098   

Occidental Petroleum Corp.

     110,180         10,593,807   

Spectra Energy Corp.

     411,902         16,171,272   

Williams Cos., Inc. (The)

     441,222         24,421,638   
     

 

 

 
Total Oil, Gas & Consumable Fuels               118,991,076   
Paper & Forest Products – 1.0%      

International Paper Co.

     243,349         11,617,481   
Pharmaceuticals – 7.0%      

AbbVie, Inc.

     237,831         13,737,119   

Bristol-Myers Squibb Co.

     194,794         9,969,557   

Eli Lilly & Co.

     294,316         19,086,393   

Johnson & Johnson

     117,506         12,524,964   

Merck & Co., Inc.

     284,725         16,878,498   

Pfizer, Inc.

     377,049         11,149,339   
     

 

 

 
Total Pharmaceuticals               83,345,870   
Real Estate Investment Trusts (REITs) – 0.7%      

Crown Castle International Corp.

     98,998         7,972,309   
Semiconductors & Semiconductor Equipment – 6.3%      

Intel Corp.(a)

     567,394         19,756,659   

KLA-Tencor Corp.

     177,263         13,964,779   

Maxim Integrated Products, Inc.

     482,484         14,590,316   

Microchip Technology, Inc.(a)

     296,761         14,016,022   

Texas Instruments, Inc.

     253,372         12,083,311   
     

 

 

 
Total Semiconductors & Semiconductor Equipment               74,411,087   
Software – 2.1%      

CA, Inc.

     363,267         10,149,680   

Microsoft Corp.

     311,418         14,437,338   
     

 

 

 
Total Software               24,587,018   
Specialty Retail – 0.8%      

Staples, Inc.(a)

     755,880         9,146,148   
Textiles, Apparel & Luxury Goods – 0.5%      

Coach, Inc.(a)

     174,261         6,205,434   
Tobacco – 6.9%      

Altria Group, Inc.

     517,294         23,764,486   

Lorillard, Inc.

     324,973         19,469,133   

Philip Morris International, Inc.

     187,721         15,655,931   

Reynolds American, Inc.

     382,348         22,558,532   
     

 

 

 
Total Tobacco               81,448,082   

TOTAL COMMON STOCKS

(Cost: $997,111,101)

              1,184,079,688   
EXCHANGE-TRADED FUNDS – 0.1%      
United States – 0.1%      

WisdomTree LargeCap Dividend Fund(b)

     10,114         719,813   

WisdomTree MidCap Dividend Fund(a)(b)

     9,163         717,234   
     

 

 

 

TOTAL EXCHANGE-TRADED FUNDS

(Cost: $1,424,843)

              1,437,047   
Investments    Shares      Value  
     
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 10.6%      
United States – 10.6%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(c)

     
(Cost: $125,220,957)(d)      125,220,957       $ 125,220,957   

TOTAL INVESTMENTS IN SECURITIES – 110.4%

(Cost: $1,123,756,901)

  

  

     1,310,737,692   

Liabilities in Excess of Cash and
Other Assets – (10.4)%

        (123,327,171
     

 

 

 
NET ASSETS – 100.0%             $ 1,187,410,521   
(a)

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b)

Affiliated company (See Note 7).

 

(c)

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(d)

At September 30, 2014, the total market value of the Fund’s securities on loan was $143,274,541 and the total market value of the collateral held by the Fund was $146,669,774. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $21,448,817.

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      19   


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Earnings 500 Fund (EPS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 99.8%      
United States – 99.8%      
Aerospace & Defense – 2.9%      

B/E Aerospace, Inc.*

     431       $ 36,178   

Boeing Co. (The)

     4,149         528,500   

General Dynamics Corp.

     2,130         270,702   

Honeywell International, Inc.

     4,630         431,146   

L-3 Communications Holdings, Inc.

     881         104,768   

Lockheed Martin Corp.

     2,724         497,893   

Northrop Grumman Corp.

     1,901         250,476   

Precision Castparts Corp.

     670         158,710   

Raytheon Co.(a)

     2,679         272,240   

Rockwell Collins, Inc.(a)

     921         72,298   

Textron, Inc.

     1,566         56,360   

TransDigm Group, Inc.(a)

     109         20,092   

United Technologies Corp.

     5,172         546,163   
     

 

 

 
Total Aerospace & Defense               3,245,526   
Air Freight & Logistics – 0.6%      

C.H. Robinson Worldwide, Inc.(a)

     752         49,873   

Expeditors International of Washington, Inc.

     967         39,241   

FedEx Corp.

     1,246         201,167   

United Parcel Service, Inc. Class B

     3,874         380,775   
     

 

 

 
Total Air Freight & Logistics               671,056   
Airlines – 0.4%      

Delta Air Lines, Inc.

     8,487         306,805   

Southwest Airlines Co.

     3,785         127,819   
     

 

 

 
Total Airlines               434,624   
Auto Components – 0.4%      

BorgWarner, Inc.(a)

     1,249         65,710   

Johnson Controls, Inc.(a)

     2,812         123,728   

Lear Corp.

     1,638         141,540   

TRW Automotive Holdings Corp.*

     1,478         149,647   
     

 

 

 
Total Auto Components               480,625   
Automobiles – 0.6%      

Ford Motor Co.

     38,216         565,215   

Harley-Davidson, Inc.

     1,233         71,760   
     

 

 

 
Total Automobiles               636,975   
Banks – 8.9%      

Bank of America Corp.

     70,476         1,201,616   

BB&T Corp.(a)

     4,645         172,840   

CIT Group, Inc.(a)

     1,604         73,720   

Citigroup, Inc.

     25,711         1,332,344   

Comerica, Inc.(a)

     1,411         70,352   

Fifth Third Bancorp

     8,231         164,785   

First Republic Bank

     866         42,763   

Huntington Bancshares, Inc.

     7,401         72,012   

JPMorgan Chase & Co.

     45,450         2,737,908   

KeyCorp

     6,775         90,311   

M&T Bank Corp.(a)

     1,087         134,016   

PNC Financial Services Group, Inc. (The)

     5,269         450,921   

Regions Financial Corp.(a)

     13,180         132,327   

SunTrust Banks, Inc.(a)

     3,787         144,020   
Investments    Shares      Value  
     

U.S. Bancorp

     15,354       $ 642,258   

Wells Fargo & Co.

     51,328         2,662,383   
     

 

 

 
Total Banks               10,124,576   
Beverages – 2.2%      

Brown-Forman Corp. Class B(a)

     918         82,822   

Coca-Cola Co. (The)

     22,380         954,731   

Coca-Cola Enterprises, Inc.

     1,692         75,057   

Constellation Brands, Inc. Class A*

     3,226         281,178   

Dr. Pepper Snapple Group, Inc.(a)

     1,440         92,607   

Molson Coors Brewing Co. Class B

     1,240         92,306   

Monster Beverage Corp.*(a)

     587         53,810   

PepsiCo, Inc.

     9,069         844,233   
     

 

 

 
Total Beverages               2,476,744   
Biotechnology – 1.5%      

Alexion Pharmaceuticals, Inc.*

     298         49,414   

Amgen, Inc.

     4,790         672,803   

Biogen Idec, Inc.*

     669         221,312   

Celgene Corp.*

     2,102         199,228   

Gilead Sciences, Inc.*(a)

     4,651         495,099   

Regeneron Pharmaceuticals, Inc.*(a)

     319         115,006   
     

 

 

 
Total Biotechnology               1,752,862   
Building Products – 0.0%      

Fortune Brands Home & Security, Inc.(a)

     465         19,116   

Masco Corp.

     898         21,480   
     

 

 

 
Total Building Products               40,596   
Capital Markets – 2.6%      

Affiliated Managers Group, Inc.*

     156         31,256   

Ameriprise Financial, Inc.

     1,393         171,868   

Bank of New York Mellon Corp. (The)

     6,818         264,061   

BlackRock, Inc.

     998         327,663   

Charles Schwab Corp. (The)

     3,961         116,414   

Franklin Resources, Inc.(a)

     4,155         226,905   

Goldman Sachs Group, Inc. (The)

     5,057         928,314   

Morgan Stanley

     11,388         393,683   

Northern Trust Corp.(a)

     1,311         89,187   

Raymond James Financial, Inc.(a)

     735         39,381   

State Street Corp.

     3,202         235,699   

T. Rowe Price Group, Inc.(a)

     1,289         101,058   

TD Ameritrade Holding Corp.(a)

     2,415         80,589   
     

 

 

 
Total Capital Markets               3,006,078   
Chemicals – 2.4%      

Air Products & Chemicals, Inc.

     1,032         134,346   

Airgas, Inc.(a)

     364         40,277   

Ashland, Inc.(a)

     1,013         105,453   

Celanese Corp. Series A(a)

     1,137         66,537   

CF Industries Holdings, Inc.

     786         219,467   

Dow Chemical Co. (The)(a)

     7,523         394,506   

E.I. du Pont de Nemours & Co.(a)

     4,987         357,867   

Eastman Chemical Co.(a)

     1,288         104,186   

Ecolab, Inc.

     915         105,069   

FMC Corp.(a)

     719         41,120   

International Flavors & Fragrances, Inc.(a)

     438         41,995   

 

See Notes to Financial Statements.

 

20   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Earnings 500 Fund (EPS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Monsanto Co.

     2,389       $ 268,786   

Mosaic Co. (The)(a)

     3,497         155,302   

PPG Industries, Inc.(a)

     662         130,242   

Praxair, Inc.(a)

     1,499         193,371   

Sherwin-Williams Co. (The)

     453         99,203   

Sigma-Aldrich Corp.

     604         82,150   

Valspar Corp. (The)

     418         33,018   

W.R. Grace & Co.*(a)

     453         41,196   

Westlake Chemical Corp.(a)

     980         84,858   
     

 

 

 
Total Chemicals         2,698,949   
Commercial Services & Supplies – 0.3%      

ADT Corp. (The)(a)

     1,054         37,375   

Cintas Corp.(a)

     658         46,448   

Republic Services, Inc.

     1,640         63,993   

Stericycle, Inc.*(a)

     324         37,765   

Waste Management, Inc.(a)

     2,411         114,595   
     

 

 

 
Total Commercial Services & Supplies         300,176   
Communications Equipment – 2.1%      

Cisco Systems, Inc.

     52,769         1,328,196   

F5 Networks, Inc.*(a)

     341         40,490   

Harris Corp.

     816         54,183   

Juniper Networks, Inc.(a)

     1,822         40,357   

Motorola Solutions, Inc.(a)

     1,876         118,713   

QUALCOMM, Inc.

     10,392         777,010   
     

 

 

 
Total Communications Equipment         2,358,949   
Construction & Engineering – 0.1%      

Fluor Corp.(a)

     1,025         68,459   

Jacobs Engineering Group, Inc.*(a)

     818         39,935   

Quanta Services, Inc.*

     1,158         42,024   
     

 

 

 
Total Construction & Engineering         150,418   
Consumer Finance – 1.3%      

American Express Co.

     6,147         538,109   

Capital One Financial Corp.

     6,416         523,674   

Discover Financial Services

     4,844         311,905   

Navient Corp.

     6,161         109,111   

SLM Corp.(a)

     6,161         52,738   
     

 

 

 
Total Consumer Finance         1,535,537   
Containers & Packaging – 0.2%      

Ball Corp.(a)

     831         52,577   

Crown Holdings, Inc.*

     950         42,294   

MeadWestvaco Corp.

     366         14,984   

Rock-Tenn Co. Class A

     1,512         71,941   
     

 

 

 
Total Containers & Packaging         181,796   
Distributors – 0.1%      

Genuine Parts Co.(a)

     893         78,325   

LKQ Corp.*(a)

     1,054         28,026   
     

 

 

 
Total Distributors         106,351   
Diversified Consumer Services – 0.1%      

H&R Block, Inc.

     1,920         59,539   
Diversified Financial Services – 2.4%      

Berkshire Hathaway, Inc. Class B*

     16,631         2,297,406   
Investments    Shares      Value  
     

CME Group, Inc.(a)

     1,278       $ 102,182   

Intercontinental Exchange, Inc.(a)

     286         55,784   

Leucadia National Corp.(a)

     2,011         47,942   

McGraw Hill Financial, Inc.

     1,288         108,772   

Moody’s Corp.(a)

     1,159         109,526   

NASDAQ OMX Group, Inc. (The)(a)

     888         37,669   
     

 

 

 
Total Diversified Financial Services         2,759,281   
Diversified Telecommunication Services – 2.0%      

AT&T, Inc.(a)

     40,110         1,413,476   

CenturyLink, Inc.

     2,985         122,057   

Verizon Communications, Inc.

     13,834         691,562   
     

 

 

 
Total Diversified Telecommunication Services         2,227,095   
Electric Utilities – 1.7%      

American Electric Power Co., Inc.

     2,746         143,369   

Duke Energy Corp.(a)

     3,733         279,116   

Edison International(a)

     3,282         183,530   

Entergy Corp.(a)

     1,539         119,011   

Exelon Corp.(a)

     7,129         243,028   

FirstEnergy Corp.(a)

     1,712         57,472   

NextEra Energy, Inc.

     2,241         210,385   

Northeast Utilities(a)

     2,291         101,491   

OGE Energy Corp.(a)

     1,311         48,651   

PPL Corp.

     6,093         200,094   

Southern Co. (The)(a)

     4,261         185,993   

Xcel Energy, Inc.(a)

     3,761         114,334   
     

 

 

 
Total Electric Utilities         1,886,474   
Electrical Equipment – 0.4%      

AMETEK, Inc.

     1,098         55,130   

Emerson Electric Co.(a)

     4,165         260,646   

Hubbell, Inc. Class B

     354         42,668   

Rockwell Automation, Inc.(a)

     753         82,740   
     

 

 

 
Total Electrical Equipment         441,184   
Electronic Equipment, Instruments & Components – 0.3%      

Amphenol Corp. Class A

     801         79,988   

Corning, Inc.

     11,992         231,925   

Knowles Corp.*(a)

     596         15,794   

Trimble Navigation Ltd.*(a)

     526         16,043   
     

 

 

 
Total Electronic Equipment, Instruments & Components               343,750   
Energy Equipment & Services – 0.9%      

Baker Hughes, Inc.

     2,229         145,019   

Cameron International Corp.*

     1,302         86,427   

Diamond Offshore Drilling, Inc.(a)

     1,173         40,199   

FMC Technologies, Inc.*

     977         53,061   

Halliburton Co.

     5,711         368,416   

Helmerich & Payne, Inc.(a)

     856         83,777   

National Oilwell Varco, Inc.

     3,247         247,096   

Oceaneering International, Inc.(a)

     458         29,848   

Seventy Seven Energy, Inc.*(a)

     152         3,608   
     

 

 

 
Total Energy Equipment & Services         1,057,451   
Food & Staples Retailing – 2.9%      

Costco Wholesale Corp.

     1,884         236,103   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      21   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Earnings 500 Fund (EPS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

CVS Health Corp.

     7,031       $ 559,597   

Kroger Co. (The)

     4,061         211,172   

Safeway, Inc.(a)

     1,066         36,564   

Sysco Corp.

     2,983         113,205   

Wal-Mart Stores, Inc.(a)

     24,434         1,868,468   

Walgreen Co.

     4,773         282,895   

Whole Foods Market, Inc.(a)

     1,009         38,453   
     

 

 

 
Total Food & Staples Retailing         3,346,457   
Food Products – 1.5%      

Archer-Daniels-Midland Co.

     3,460         176,806   

Campbell Soup Co.(a)

     1,668         71,274   

ConAgra Foods, Inc.

     2,559         84,549   

General Mills, Inc.(a)

     3,724         187,876   

Hershey Co. (The)(a)

     884         84,360   

Hormel Foods Corp.

     1,335         68,606   

J.M. Smucker Co. (The)(a)

     590         58,404   

Kellogg Co.(a)

     1,909         117,594   

Keurig Green Mountain, Inc.(a)

     680         88,488   

Kraft Foods Group, Inc.

     3,854         217,366   

McCormick & Co., Inc. Non-Voting Shares(a)

     635         42,481   

Mead Johnson Nutrition Co.(a)

     790         76,014   

Mondelez International, Inc. Class A

     8,338         285,702   

Tyson Foods, Inc. Class A(a)

     2,773         109,173   
     

 

 

 
Total Food Products         1,668,693   
Gas Utilities – 0.0%      

ONE Gas, Inc.(a)

     146         5,001   
Health Care Equipment & Supplies – 1.7%      

Abbott Laboratories

     8,306         345,446   

Baxter International, Inc.(a)

     3,796         272,439   

Becton, Dickinson and Co.(a)

     1,224         139,303   

Boston Scientific Corp.*(a)

     3,840         45,350   

C.R. Bard, Inc.(a)

     391         55,800   

CareFusion Corp.*

     1,215         54,979   

Cooper Cos., Inc. (The)(a)

     257         40,028   

DENTSPLY International, Inc.(a)

     803         36,617   

Edwards Lifesciences Corp.*(a)

     589         60,166   

Intuitive Surgical, Inc.*

     202         93,288   

Medtronic, Inc.(a)

     7,017         434,703   

ResMed, Inc.(a)

     767         37,790   

St. Jude Medical, Inc.(a)

     1,479         88,932   

Stryker Corp.

     1,348         108,851   

Varian Medical Systems, Inc.*(a)

     599         47,992   

Zimmer Holdings, Inc.

     1,001         100,651   
     

 

 

 
Total Health Care Equipment & Supplies         1,962,335   
Health Care Providers & Services – 2.6%      

Aetna, Inc.(a)

     2,917         236,277   

AmerisourceBergen Corp.(a)

     789         60,990   

Cardinal Health, Inc.(a)

     2,007         150,364   

Cigna Corp.

     1,875         170,044   

DaVita HealthCare Partners, Inc.*

     1,428         104,444   

Express Scripts Holding Co.*

     3,055         215,775   

HCA Holdings, Inc.*

     3,743         263,956   
Investments    Shares      Value  
     

Henry Schein, Inc.*(a)

     451       $ 52,528   

Humana, Inc.(a)

     1,560         203,252   

Laboratory Corp. of America Holdings*

     679         69,088   

McKesson Corp.

     1,096         213,358   

Quest Diagnostics, Inc.(a)

     1,019         61,833   

UnitedHealth Group, Inc.

     8,156         703,455   

Universal Health Services, Inc. Class B

     669         69,911   

WellPoint, Inc.(a)

     3,348         400,488   
     

 

 

 
Total Health Care Providers & Services         2,975,763   
Health Care Technology – 0.0%      

Cerner Corp.*(a)

     949         56,532   
Hotels, Restaurants & Leisure – 1.4%      

Burger King Worldwide, Inc.(a)

     1,021         30,283   

Chipotle Mexican Grill, Inc.*(a)

     70         46,661   

Darden Restaurants, Inc.(a)

     823         42,352   

Hyatt Hotels Corp. Class A*(a)

     398         24,087   

Las Vegas Sands Corp.(a)

     3,038         188,994   

Marriott International, Inc. Class A(a)

     1,480         103,452   

McDonald’s Corp.

     6,334         600,526   

Starbucks Corp.

     2,470         186,386   

Starwood Hotels & Resorts Worldwide, Inc.

     732         60,910   

Wyndham Worldwide Corp.

     682         55,419   

Wynn Resorts Ltd.(a)

     385         72,026   

Yum! Brands, Inc.

     1,771         127,477   
     

 

 

 
Total Hotels, Restaurants & Leisure         1,538,573   
Household Durables – 0.5%      

D.R. Horton, Inc.(a)

     2,647         54,316   

Jarden Corp.*

     375         22,541   

Lennar Corp. Class A(a)

     1,332         51,722   

Mohawk Industries, Inc.*

     228         30,739   

Newell Rubbermaid, Inc.(a)

     1,488         51,202   

PulteGroup, Inc.(a)

     14,785         261,103   

Whirlpool Corp.

     529         77,049   
     

 

 

 
Total Household Durables         548,672   
Household Products – 1.7%      

Church & Dwight Co., Inc.

     594         41,675   

Clorox Co. (The)(a)

     683         65,595   

Colgate-Palmolive Co.(a)

     4,007         261,337   

Energizer Holdings, Inc.(a)

     403         49,654   

Kimberly-Clark Corp.(a)

     2,039         219,335   

Procter & Gamble Co. (The)

     14,887         1,246,637   
     

 

 

 
Total Household Products         1,884,233   
Independent Power and Renewable Electricity Producers – 0.1%      

AES Corp.

     5,693         80,727   

Calpine Corp.*(a)

     424         9,201   

NRG Energy, Inc.(a)

     1,643         50,078   
     

 

 

 
Total Independent Power and Renewable
Electricity Producers
         140,006   
Industrial Conglomerates – 2.1%      

3M Co.

     3,816         540,651   

Danaher Corp.

     3,461         262,967   

 

See Notes to Financial Statements.

 

22   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Earnings 500 Fund (EPS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

General Electric Co.

     58,734       $ 1,504,765   

Roper Industries, Inc.(a)

     451         65,977   
     

 

 

 
Total Industrial Conglomerates         2,374,360   
Insurance – 3.0%      

Aflac, Inc.

     4,908         285,891   

Alleghany Corp.*

     79         33,034   

Allstate Corp. (The)

     4,149         254,624   

American International Group, Inc.

     12,719         687,080   

Chubb Corp. (The)

     1,934         176,149   

Cincinnati Financial Corp.

     1,100         51,755   

CNA Financial Corp.

     1,841         70,013   

Genworth Financial, Inc. Class A*

     4,049         53,042   

Hartford Financial Services Group, Inc. (The)(a)

     2,645         98,526   

Lincoln National Corp.(a)

     2,638         141,344   

Loews Corp.

     1,751         72,947   

Markel Corp.*(a)

     37         23,538   

Marsh & McLennan Cos., Inc.

     2,865         149,954   

MetLife, Inc.

     11,190         601,127   

Principal Financial Group, Inc.(a)

     2,209         115,906   

Progressive Corp. (The)(a)

     3,756         94,952   

Torchmark Corp.(a)

     1,192         62,425   

Travelers Cos., Inc. (The)(a)

     3,455         324,563   

Unum Group(a)

     2,714         93,307   
     

 

 

 
Total Insurance         3,390,177   
Internet & Catalog Retail – 0.3%      

Amazon.com, Inc.*

     32         10,318   

Expedia, Inc.(a)

     466         40,831   

Liberty Interactive Corp. Class A*

     1,811         51,650   

Netflix, Inc.*(a)

     19         8,572   

Priceline Group Inc. (The)*

     171         198,117   

TripAdvisor, Inc.*(a)

     326         29,803   
     

 

 

 
Total Internet & Catalog Retail         339,291   
Internet Software & Services – 1.8%      

Akamai Technologies, Inc.*(a)

     628         37,554   

eBay, Inc.*

     5,588         316,448   

Equinix, Inc.*(a)

     30         6,374   

Facebook, Inc. Class A*

     2,021         159,740   

Google, Inc. Class A*

     1,197         704,327   

Google, Inc. Class C*

     1,197         691,100   

LinkedIn Corp. Class A*(a)

     5         1,039   

VeriSign, Inc.*(a)

     614         33,844   

Yahoo!, Inc.*(a)

     3,488         142,136   
     

 

 

 
Total Internet Software & Services         2,092,562   
IT Services – 3.3%      

Alliance Data Systems Corp.*(a)

     209         51,888   

Automatic Data Processing, Inc.

     1,982         164,665   

Blackhawk Network Holdings, Inc. Class B*

     174         5,620   

Cognizant Technology Solutions Corp. Class A*

     2,672         119,625   

Computer Sciences Corp.

     1,457         89,095   

Fidelity National Information Services, Inc.

     1,286         72,402   

Fiserv, Inc.*

     1,173         75,817   

FleetCor Technologies, Inc.*(a)

     239         33,967   
Investments    Shares      Value  
     

International Business Machines Corp.(a)

     9,990       $ 1,896,402   

MasterCard, Inc. Class A

     4,303         318,078   

Paychex, Inc.(a)

     1,523         67,317   

Teradata Corp.*(a)

     952         39,908   

Visa, Inc. Class A

     2,556         545,374   

Western Union Co. (The)(a)

     5,734         91,973   

Xerox Corp.

     11,223         148,480   
     

 

 

 
Total IT Services         3,720,611   
Leisure Products – 0.1%      

Hasbro, Inc.(a)

     791         43,501   

Mattel, Inc.(a)

     2,174         66,633   

Polaris Industries, Inc.(a)

     300         44,937   
     

 

 

 
Total Leisure Products         155,071   
Life Sciences Tools & Services – 0.3%      

Agilent Technologies, Inc.

     1,420         80,911   

Illumina, Inc.*(a)

     141         23,113   

Mettler-Toledo International, Inc.*

     121         30,992   

Thermo Fisher Scientific, Inc.

     1,381         168,068   

Waters Corp.*(a)

     528         52,335   
     

 

 

 
Total Life Sciences Tools & Services         355,419   
Machinery – 1.6%      

Caterpillar, Inc.(a)

     4,953         490,496   

Cummins, Inc.

     1,158         152,833   

Deere & Co.(a)

     4,312         353,541   

Donaldson Co., Inc.(a)

     721         29,294   

Dover Corp.(a)

     1,192         95,753   

Flowserve Corp.

     734         51,762   

Illinois Tool Works, Inc.(a)

     2,229         188,172   

PACCAR, Inc.

     2,138         121,599   

Pall Corp.(a)

     100         8,370   

Parker-Hannifin Corp.(a)

     863         98,511   

Snap-on, Inc.

     356         43,104   

Stanley Black & Decker, Inc.

     790         70,144   

Wabtec Corp.

     394         31,930   

Xylem, Inc.

     828         29,386   
     

 

 

 
Total Machinery         1,764,895   
Media – 4.6%      

CBS Corp. Class B Non-Voting Shares

     3,444         184,254   

Comcast Corp. Class A(a)

     13,502         726,137   

DIRECTV*

     4,810         416,161   

Discovery Communications, Inc. Class A*(a)

     1,317         49,783   

Discovery Communications, Inc. Class C*(a)

     1,317         49,098   

DISH Network Corp. Class A*

     1,291         83,373   

Gannett Co., Inc.(a)

     1,520         45,098   

Interpublic Group of Cos., Inc. (The)

     2,249         41,202   

Liberty Media Corp. Class A*

     6,292         296,857   

Liberty Media Corp. Class C*

     12,584         591,322   

News Corp. Class A*(a)

     3,948         64,550   

Omnicom Group, Inc.(a)

     1,590         109,487   

Scripps Networks Interactive, Inc. Class A(a)

     916         71,530   

Sirius XM Holdings, Inc.*(a)

     13,704         47,827   

Time Warner Cable, Inc.

     1,590         228,149   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      23   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Earnings 500 Fund (EPS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Time Warner, Inc.

     5,844       $ 439,527   

Time, Inc.*(a)

     730         17,104   

Twenty-First Century Fox, Inc. Class A

     17,758         608,922   

Viacom, Inc. Class B

     3,206         246,670   

Walt Disney Co. (The)

     9,632         857,537   
     

 

 

 
Total Media         5,174,588   
Metals & Mining – 0.5%      

Alcoa, Inc.

     1,968         31,665   

Freeport-McMoRan, Inc.

     8,087         264,041   

Nucor Corp.(a)

     1,012         54,931   

Southern Copper Corp.(a)

     7,058         209,270   
     

 

 

 
Total Metals & Mining         559,907   
Multi-Utilities – 0.8%      

CenterPoint Energy, Inc.

     1,294         31,664   

CMS Energy Corp.

     1,904         56,473   

Consolidated Edison, Inc.(a)

     2,239         126,862   

DTE Energy Co.(a)

     1,182         89,926   

NiSource, Inc.(a)

     1,605         65,773   

PG&E Corp.

     2,373         106,880   

Public Service Enterprise Group, Inc.(a)

     5,216         194,244   

SCANA Corp.(a)

     1,060         52,587   

Sempra Energy

     1,314         138,469   

Wisconsin Energy Corp.(a)

     1,383         59,469   
     

 

 

 
Total Multi-Utilities         922,347   
Multiline Retail – 0.8%      

Dollar General Corp.*

     1,871         114,337   

Dollar Tree, Inc.*

     1,249         70,031   

Family Dollar Stores, Inc.(a)

     737         56,926   

Kohl’s Corp.(a)

     1,946         118,764   

Macy’s, Inc.

     3,058         177,915   

Nordstrom, Inc.

     1,349         92,231   

Target Corp.(a)

     3,800         238,184   
     

 

 

 
Total Multiline Retail         868,388   
Oil, Gas & Consumable Fuels – 9.6%      

Anadarko Petroleum Corp.

     2,427         246,195   

Apache Corp.(a)

     3,403         319,440   

Cabot Oil & Gas Corp.(a)

     747         24,419   

Chesapeake Energy Corp.(a)

     2,136         49,107   

Chevron Corp.

     19,393         2,313,973   

Cimarex Energy Co.(a)

     522         66,049   

Concho Resources, Inc.*

     253         31,724   

ConocoPhillips(a)

     11,941         913,725   

CONSOL Energy, Inc.(a)

     555         21,012   

Continental Resources, Inc.*(a)

     1,624         107,964   

Denbury Resources, Inc.(a)

     2,724         40,942   

EOG Resources, Inc.

     1,412         139,816   

EQT Corp.(a)

     454         41,559   

Exxon Mobil Corp.

     40,198         3,780,622   

Hess Corp.(a)

     2,820         265,982   

HollyFrontier Corp.(a)

     2,469         107,846   

Kinder Morgan, Inc.

     1,789         68,590   

Marathon Oil Corp.

     5,531         207,910   
Investments    Shares      Value  
     

Marathon Petroleum Corp.

     2,853       $ 241,564   

Murphy Oil Corp.(a)

     774         44,048   

Noble Energy, Inc.(a)

     1,712         117,032   

Occidental Petroleum Corp.

     5,534         532,094   

ONEOK, Inc.(a)

     589         38,609   

Phillips 66

     5,378         437,285   

Pioneer Natural Resources Co.(a)

     264         52,000   

Range Resources Corp.

     117         7,934   

Southwestern Energy Co.*

     536         18,733   

Spectra Energy Corp.(a)

     3,411         133,916   

Tesoro Corp.(a)

     762         46,467   

Valero Energy Corp.(a)

     5,503         254,624   

Whiting Petroleum Corp.*

     966         74,913   

Williams Cos., Inc. (The)

     1,783         98,689   
     

 

 

 
Total Oil, Gas & Consumable Fuels         10,844,783   
Paper & Forest Products – 0.1%      

International Paper Co.(a)

     2,478         118,300   
Personal Products – 0.1%      

Avon Products, Inc.(a)

     837         10,546   

Coty, Inc. Class A(a)

     1,159         19,181   

Estee Lauder Cos., Inc. (The) Class A

     1,516         113,276   

Nu Skin Enterprises, Inc. Class A(a)

     230         10,357   
     

 

 

 
Total Personal Products         153,360   
Pharmaceuticals – 4.7%      

AbbVie, Inc.(a)

     9,268         535,320   

Allergan, Inc.

     1,392         248,040   

Bristol-Myers Squibb Co.(a)

     5,963         305,186   

Eli Lilly & Co.(a)

     10,549         684,103   

Johnson & Johnson

     17,225         1,836,013   

Merck & Co., Inc.

     10,947         648,938   

Mylan, Inc.*(a)

     1,670         75,968   

Pfizer, Inc.

     32,763         968,802   

Zoetis, Inc.(a)

     1,406         51,952   
     

 

 

 
Total Pharmaceuticals         5,354,322   
Professional Services – 0.1%      

Equifax, Inc.

     481         35,950   

IHS, Inc. Class A*(a)

     130         16,275   

Manpowergroup, Inc.

     295         20,679   

Towers Watson & Co. Class A

     269         26,765   

Verisk Analytics, Inc. Class A*

     603         36,717   
     

 

 

 
Total Professional Services         136,386   
Real Estate Investment Trusts (REITs) – 0.7%      

American Tower Corp.

     881         82,488   

AvalonBay Communities, Inc.

     54         7,613   

Boston Properties, Inc.

     258         29,866   

Crown Castle International Corp.

     173         13,932   

Federal Realty Investment Trust(a)

     131         15,518   

General Growth Properties, Inc.(a)

     822         19,358   

HCP, Inc.

     2,508         99,593   

Health Care REIT, Inc.(a)

     200         12,474   

Host Hotels & Resorts, Inc.

     825         17,597   

Kimco Realty Corp.(a)

     723         15,841   

 

See Notes to Financial Statements.

 

24   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Earnings 500 Fund (EPS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Macerich Co. (The)

     535       $ 34,149   

Plum Creek Timber Co., Inc.(a)

     568         22,158   

Public Storage

     579         96,021   

Realty Income Corp.(a)

     396         16,153   

Simon Property Group, Inc.

     895         147,156   

SL Green Realty Corp.(a)

     98         9,929   

Ventas, Inc.(a)

     887         54,950   

Vornado Realty Trust

     295         29,488   

Washington Prime Group, Inc.(a)

     448         7,831   

Weyerhaeuser Co.

     1,792         57,093   
     

 

 

 
Total Real Estate Investment Trusts (REITs)         789,208   
Real Estate Management & Development – 0.0%      

CBRE Group, Inc. Class A*

     1,526         45,383   
Road & Rail – 1.1%      

CSX Corp.(a)

     7,557         242,277   

Hertz Global Holdings, Inc.*(a)

     1,455         36,943   

JB Hunt Transport Services, Inc.(a)

     496         36,729   

Kansas City Southern(a)

     322         39,026   

Norfolk Southern Corp.(a)

     2,192         244,627   

Union Pacific Corp.

     5,732         621,464   
     

 

 

 
Total Road & Rail         1,221,066   
Semiconductors & Semiconductor Equipment – 2.0%      

Altera Corp.(a)

     1,670         59,753   

Analog Devices, Inc.

     1,517         75,076   

Applied Materials, Inc.

     2,769         59,838   

Broadcom Corp. Class A

     1,829         73,928   

Cree, Inc.*(a)

     162         6,634   

Intel Corp.(a)

     40,745         1,418,741   

KLA-Tencor Corp.(a)

     951         74,920   

Lam Research Corp.(a)

     383         28,610   

Linear Technology Corp.(a)

     1,054         46,787   

Maxim Integrated Products, Inc.(a)

     1,616         48,868   

Microchip Technology, Inc.(a)

     703         33,203   

Micron Technology, Inc.*

     922         31,588   

NVIDIA Corp.(a)

     3,460         63,837   

Texas Instruments, Inc.

     4,655         221,997   

Xilinx, Inc.

     1,410         59,713   
     

 

 

 
Total Semiconductors & Semiconductor Equipment         2,303,493   
Software – 4.6%      

Activision Blizzard, Inc.

     7,386         153,555   

Adobe Systems, Inc.*

     877         60,680   

ANSYS, Inc.*(a)

     257         19,447   

Autodesk, Inc.*(a)

     615         33,886   

CA, Inc.

     3,683         102,903   

Citrix Systems, Inc.*

     549         39,166   

Electronic Arts, Inc.*

     630         22,434   

Intuit, Inc.(a)

     1,149         100,710   

Microsoft Corp.

     68,346         3,168,521   

Oracle Corp.

     35,404         1,355,265   

Red Hat, Inc.*(a)

     295         16,564   

Symantec Corp.

     3,892         91,501   

VMware, Inc. Class A*(a)

     1,095         102,755   
     

 

 

 
Total Software         5,267,387   
Investments    Shares      Value  
     
Specialty Retail – 2.0%      

Advance Auto Parts, Inc.

     432       $ 56,290   

AutoZone, Inc.*(a)

     244         124,357   

Bed Bath & Beyond, Inc.*(a)

     1,518         99,930   

Best Buy Co., Inc.

     1,571         52,770   

CarMax, Inc.*(a)

     1,067         49,562   

Dick’s Sporting Goods, Inc.(a)

     584         25,626   

Gap, Inc. (The)(a)

     3,744         156,087   

Home Depot, Inc. (The)

     7,417         680,436   

L Brands, Inc.(a)

     1,614         108,106   

Lowe’s Cos., Inc.

     5,104         270,104   

O’Reilly Automotive, Inc.*(a)

     571         85,855   

PetSmart, Inc.(a)

     622         43,596   

Ross Stores, Inc.(a)

     1,263         95,457   

Staples, Inc.(a)

     4,321         52,284   

Tiffany & Co.(a)

     592         57,015   

TJX Cos., Inc. (The)

     3,881         229,639   

Tractor Supply Co.(a)

     491         30,201   

Ulta Salon Cosmetics & Fragrance, Inc.*(a)

     204         24,107   
     

 

 

 
Total Specialty Retail         2,241,422   
Technology Hardware, Storage & Peripherals – 6.0%      

3D Systems Corp.*(a)

     39         1,808   

Apple, Inc.

     52,213         5,260,460   

EMC Corp.

     12,628         369,495   

Hewlett-Packard Co.

     21,586         765,655   

NetApp, Inc.

     1,519         65,256   

SanDisk Corp.(a)

     1,448         141,832   

Western Digital Corp.(a)

     2,143         208,557   
     

 

 

 
Total Technology Hardware, Storage & Peripherals         6,813,063   
Textiles, Apparel & Luxury Goods – 0.7%      

Coach, Inc.(a)

     2,014         71,719   

Fossil Group, Inc.*(a)

     326         30,611   

Hanesbrands, Inc.

     580         62,315   

NIKE, Inc. Class B

     3,767         336,016   

PVH Corp.

     194         23,503   

Ralph Lauren Corp.

     428         70,505   

Under Armour, Inc. Class A*(a)

     390         26,949   

VF Corp.

     2,259         149,162   
     

 

 

 
Total Textiles, Apparel & Luxury Goods         770,780   
Thrifts & Mortgage Finance – 0.1%      

New York Community Bancorp, Inc.(a)

     3,318         52,657   

Ocwen Financial Corp.*(a)

     450         11,781   
     

 

 

 
Total Thrifts & Mortgage Finance         64,438   
Tobacco – 1.8%      

Altria Group, Inc.

     14,795         679,682   

Lorillard, Inc.

     2,727         163,375   

Philip Morris International, Inc.

     11,325         944,505   

Reynolds American, Inc.(a)

     3,841         226,619   
     

 

 

 
Total Tobacco         2,014,181   
Trading Companies & Distributors – 0.2%      

Fastenal Co.(a)

     992         44,541   

NOW, Inc.*(a)

     812         24,693   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      25   


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Earnings 500 Fund (EPS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

United Rentals, Inc.*

     398       $ 44,218   

Veritiv Corp.*

     46         2,303   

W.W. Grainger, Inc.(a)

     335         84,302   
     

 

 

 
Total Trading Companies & Distributors         200,057   
Water Utilities – 0.0%      

American Water Works Co., Inc.(a)

     915         44,130   
Wireless Telecommunication Services – 0.0%      

T-Mobile U.S., Inc.*

     159         4,590   

TOTAL COMMON STOCKS

(Cost: $87,576,572)

              113,206,842   
EXCHANGE-TRADED FUND – 0.1%      
United States – 0.1%      

WisdomTree Equity Income Fund(b)

(Cost: $101,025)

     1,861         110,395   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 17.9%      
United States – 17.9%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(c)

     
(Cost: $20,320,411)(d)      20,320,411         20,320,411   

TOTAL INVESTMENTS IN SECURITIES – 117.8%

(Cost: $107,998,008)

  

  

     133,637,648   

Liabilities in Excess of Cash and
Other Assets – (17.8)%

        (20,185,294
     

 

 

 
NET ASSETS – 100.0%             $ 113,452,354   
* 

Non-income producing security.

 

(a)

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b)

Affiliated company (See Note 7).

 

(c)

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(d)

At September 30, 2014, the total market value of the Fund’s securities on loan was $24,452,064 and the total market value of the collateral held by the Fund was $25,000,746. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $4,680,335.

 

See Notes to Financial Statements.

 

26   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Equity Income Fund (DHS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 99.5%      
United States – 99.5%      
Aerospace & Defense – 1.4%      

American Science & Engineering, Inc.(a)

     848       $ 46,962   

Lockheed Martin Corp.

     49,749         9,093,122   

Raytheon Co.

     33,471         3,401,323   
     

 

 

 
Total Aerospace & Defense               12,541,407   
Banks – 7.2%      

Arrow Financial Corp.(a)

     2,520         63,179   

Banc of California, Inc.

     2,382         27,703   

Bank of Hawaii Corp.(a)

     5,819         330,577   

BankUnited, Inc.

     11,026         336,183   

BB&T Corp.

     74,884         2,786,434   

Bridge Bancorp, Inc.(a)

     1,570         37,130   

Chemical Financial Corp.

     3,588         96,481   

City Holding Co.(a)

     2,164         91,169   

CNB Financial Corp.(a)

     1,871         29,375   

Community Bank System, Inc.(a)

     4,952         166,338   

Community Trust Bancorp, Inc.(a)

     2,162         72,708   

Cullen/Frost Bankers, Inc.(a)

     7,067         540,696   

CVB Financial Corp.(a)

     9,501         136,339   

Financial Institutions, Inc.(a)

     2,092         47,028   

First Busey Corp.(a)

     12,418         69,168   

First Community Bancshares, Inc.

     2,056         29,380   

First Financial Bancorp

     8,845         140,016   

First Financial Corp.(a)

     1,793         55,493   

First Niagara Financial Group, Inc.

     44,534         370,968   

FirstMerit Corp.(a)

     20,126         354,218   

Flushing Financial Corp.(a)

     3,252         59,414   

FNB Corp.(a)

     25,932         310,925   

Fulton Financial Corp.(a)

     20,001         221,611   

Hancock Holding Co.

     8,268         264,989   

JPMorgan Chase & Co.

     419,910         25,295,378   

National Penn Bancshares, Inc.(a)

     22,105         214,640   

NBT Bancorp, Inc.(a)

     5,977         134,602   

Pacific Continental Corp.(a)

     3,922         50,398   

PacWest Bancorp

     4,509         185,906   

Park National Corp.(a)

     3,007         226,788   

Penns Woods Bancorp, Inc.(a)

     663         28,012   

Republic Bancorp, Inc. Class A(a)

     2,562         60,694   

S&T Bancorp, Inc.(a)

     3,309         77,629   

Sandy Spring Bancorp, Inc.(a)

     2,408         55,119   

Southside Bancshares, Inc.(a)

     2,503         83,225   

Stock Yards Bancorp, Inc.(a)

     1,550         46,655   

Tompkins Financial Corp.(a)

     2,039         89,879   

TowneBank(a)

     3,060         41,555   

Trustmark Corp.(a)

     9,644         222,150   

Umpqua Holdings Corp.

     13,433         221,242   

United Bankshares, Inc.(a)

     8,644         267,359   

Univest Corp. of Pennsylvania(a)

     2,700         50,625   

Valley National Bancorp(a)

     54,734         530,372   

Washington Trust Bancorp, Inc.(a)

     2,087         68,850   

Wells Fargo & Co.

     591,723         30,692,672   

WesBanco, Inc.(a)

     3,191         97,613   
Investments    Shares      Value  
     

West Bancorp, Inc.(a)

     1,667       $ 23,555   

Westamerica Bancorp(a)

     3,102         144,305   
     

 

 

 
Total Banks               65,546,745   
Beverages – 2.6%      

Coca-Cola Co. (The)

     519,882         22,178,166   

Dr. Pepper Snapple Group, Inc.

     26,824         1,725,052   
     

 

 

 
Total Beverages               23,903,218   
Biotechnology – 0.0%      

PDL BioPharma, Inc.(a)

     42,224         315,413   
Capital Markets – 0.2%      

Arlington Asset Investment Corp. Class A(a)

     9,727         247,163   

BGC Partners, Inc. Class A(a)

     62,572         464,910   

Calamos Asset Management, Inc. Class A(a)

     3,490         39,332   

Federated Investors, Inc. Class B(a)

     15,768         462,948   

GFI Group, Inc.(a)

     27,409         148,283   

Greenhill & Co., Inc.(a)

     3,961         184,147   

Manning & Napier, Inc.

     1,851         31,078   

Westwood Holdings Group, Inc.(a)

     1,475         83,618   
     

 

 

 
Total Capital Markets               1,661,479   
Chemicals – 1.9%      

Dow Chemical Co. (The)

     149,604         7,845,234   

E.I. du Pont de Nemours & Co.

     112,359         8,062,882   

FutureFuel Corp.(a)

     5,248         62,399   

Innophos Holdings, Inc.

     2,768         152,489   

Kronos Worldwide, Inc.(a)

     17,987         247,861   

Olin Corp.(a)

     9,346         235,986   

Scotts Miracle-Gro Co. (The) Class A(a)

     7,529         414,095   
     

 

 

 
Total Chemicals               17,020,946   
Commercial Services & Supplies – 0.9%      

Covanta Holding Corp.(a)

     20,522         435,477   

Ennis, Inc.

     5,519         72,685   

KAR Auction Services, Inc.

     21,166         605,982   

Knoll, Inc.(a)

     6,720         116,323   

McGrath RentCorp(a)

     2,699         92,306   

Pitney Bowes, Inc.

     30,123         752,774   

Quad/Graphics, Inc.(a)

     6,659         128,186   

R.R. Donnelley & Sons Co.(a)

     44,361         730,182   

Republic Services, Inc.

     47,596         1,857,196   

Waste Management, Inc.

     65,720         3,123,672   

West Corp.(a)

     10,991         323,795   
     

 

 

 
Total Commercial Services & Supplies               8,238,578   
Communications Equipment – 2.0%      

Cisco Systems, Inc.

     729,971         18,373,370   

Comtech Telecommunications Corp.

     2,455         91,203   
     

 

 

 
Total Communications Equipment               18,464,573   
Containers & Packaging – 0.2%      

Greif, Inc. Class A

     3,120         136,687   

MeadWestvaco Corp.

     20,437         836,691   

Sonoco Products Co.

     13,060         513,127   
     

 

 

 
Total Containers & Packaging               1,486,505   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      27   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Equity Income Fund (DHS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Diversified Consumer Services – 0.1%      

H&R Block, Inc.

     33,036       $ 1,024,446   

Universal Technical Institute, Inc.

     4,334         40,523   
     

 

 

 
Total Diversified Consumer Services               1,064,969   
Diversified Telecommunication Services – 8.8%      

AT&T, Inc.

     1,161,574         40,933,868   

CenturyLink, Inc.

     168,249         6,879,702   

Consolidated Communications Holdings, Inc.(a)

     13,763         344,763   

Frontier Communications Corp.(a)

     356,685         2,322,019   

Lumos Networks Corp.(a)

     2,428         39,455   

Verizon Communications, Inc.

     526,491         26,319,285   

Windstream Holdings, Inc.

     303,768         3,274,619   
     

 

 

 
Total Diversified Telecommunication Services               80,113,711   
Electric Utilities – 6.4%      

ALLETE, Inc.(a)

     6,573         291,776   

American Electric Power Co., Inc.

     87,780         4,582,994   

Cleco Corp.(a)

     7,906         380,674   

Duke Energy Corp.

     132,959         9,941,344   

Edison International

     39,988         2,236,129   

El Paso Electric Co.(a)

     4,665         170,506   

Empire District Electric Co. (The)(a)

     8,196         197,933   

Entergy Corp.

     39,788         3,076,806   

Exelon Corp.

     159,824         5,448,400   

FirstEnergy Corp.

     120,483         4,044,614   

Great Plains Energy, Inc.(a)

     24,403         589,821   

Hawaiian Electric Industries, Inc.(a)

     20,043         532,142   

IDACORP, Inc.(a)

     6,808         364,977   

MGE Energy, Inc.(a)

     3,765         140,284   

NextEra Energy, Inc.

     57,045         5,355,385   

Northeast Utilities(a)

     46,138         2,043,913   

Otter Tail Corp.(a)

     6,239         166,394   

Pepco Holdings, Inc.

     60,723         1,624,948   

Pinnacle West Capital Corp.

     19,506         1,065,808   

PNM Resources, Inc.(a)

     8,264         205,856   

Portland General Electric Co.(a)

     11,853         380,718   

PPL Corp.

     130,331         4,280,070   

Southern Co. (The)

     183,776         8,021,822   

UIL Holdings Corp.(a)

     10,790         381,966   

Unitil Corp.(a)

     2,685         83,477   

Westar Energy, Inc.(a)

     22,825         778,789   

Xcel Energy, Inc.(a)

     82,211         2,499,214   
     

 

 

 
Total Electric Utilities               58,886,760   
Electrical Equipment – 0.5%      

Emerson Electric Co.

     75,979         4,754,766   

LSI Industries, Inc.(a)

     2,462         14,944   
     

 

 

 
Total Electrical Equipment               4,769,710   
Electronic Equipment, Instruments & Components – 0.0%      

Daktronics, Inc.

     3,807         46,788   

Electro Rent Corp.(a)

     5,249         72,279   

Electro Scientific Industries, Inc.(a)

     3,614         24,539   
     

 

 

 
Total Electronic Equipment, Instruments & Components               143,606   
Investments    Shares      Value  
     
Energy Equipment & Services – 0.1%      

Diamond Offshore Drilling, Inc.(a)

     35,939       $ 1,231,630   
Food & Staples Retailing – 0.3%      

Sysco Corp.

     75,617         2,869,665   

Village Super Market, Inc. Class A(a)

     1,098         25,013   
     

 

 

 
Total Food & Staples Retailing               2,894,678   
Food Products – 1.8%      

B&G Foods, Inc.(a)

     8,508         234,395   

Campbell Soup Co.(a)

     37,802         1,615,279   

ConAgra Foods, Inc.

     55,637         1,838,247   

General Mills, Inc.

     81,365         4,104,864   

Kellogg Co.

     46,111         2,840,438   

Kraft Foods Group, Inc.

     98,234         5,540,398   
     

 

 

 
Total Food Products               16,173,621   
Gas Utilities – 0.5%      

AGL Resources, Inc.(a)

     20,290         1,041,689   

Atmos Energy Corp.(a)

     12,673         604,502   

Chesapeake Utilities Corp.(a)

     1,420         59,157   

Laclede Group, Inc. (The)(a)

     4,631         214,878   

New Jersey Resources Corp.(a)

     6,536         330,133   

Northwest Natural Gas Co.(a)

     5,218         220,461   

Piedmont Natural Gas Co., Inc.

     12,004         402,494   

Questar Corp.(a)

     23,357         520,628   

South Jersey Industries, Inc.(a)

     4,354         232,329   

UGI Corp.

     20,363         694,158   

WGL Holdings, Inc.(a)

     9,564         402,836   
     

 

 

 
Total Gas Utilities               4,723,265   
Health Care Equipment & Supplies – 0.5%      

Baxter International, Inc.

     66,241         4,754,117   

Meridian Bioscience, Inc.(a)

     5,271         93,244   
     

 

 

 
Total Health Care Equipment & Supplies               4,847,361   
Health Care Providers & Services – 0.0%      

Kindred Healthcare, Inc.

     5,106         99,057   

Landauer, Inc.(a)

     1,921         63,412   

Select Medical Holdings Corp.(a)

     20,213         243,162   
     

 

 

 
Total Health Care Providers & Services               405,631   
Health Care Technology – 0.0%      

Computer Programs & Systems, Inc.(a)

     1,751         100,665   

Quality Systems, Inc.(a)

     8,499         117,031   
     

 

 

 
Total Health Care Technology               217,696   
Hotels, Restaurants & Leisure – 1.8%      

Cracker Barrel Old Country Store, Inc.(a)

     2,757         284,495   

Darden Restaurants, Inc.(a)

     22,786         1,172,567   

DineEquity, Inc.

     2,539         207,157   

Einstein Noah Restaurant Group, Inc.(a)

     2,251         45,380   

McDonald’s Corp.

     141,088         13,376,553   

Six Flags Entertainment Corp.

     21,215         729,584   

Speedway Motorsports, Inc.(a)

     6,063         103,435   
     

 

 

 
Total Hotels, Restaurants & Leisure               15,919,171   

 

See Notes to Financial Statements.

 

28   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Equity Income Fund (DHS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Household Durables – 0.1%      

Leggett & Platt, Inc.(a)

     23,430       $ 818,175   

MDC Holdings, Inc.(a)

     6,109         154,680   
     

 

 

 
Total Household Durables               972,855   
Household Products – 3.8%      

Clorox Co. (The)(a)

     16,528         1,587,349   

Kimberly-Clark Corp.(a)

     49,542         5,329,233   

Orchids Paper Products Co.(a)

     1,345         33,033   

Procter & Gamble Co. (The)

     333,928         27,963,131   
     

 

 

 
Total Household Products               34,912,746   
Industrial Conglomerates – 3.3%      

General Electric Co.

     1,179,860         30,228,013   
Insurance – 0.5%      

American National Insurance Co.

     3,121         350,800   

Arthur J. Gallagher & Co.

     16,990         770,666   

Baldwin & Lyons, Inc. Class B

     2,471         61,034   

Cincinnati Financial Corp.(a)

     22,603         1,063,471   

Donegal Group, Inc. Class A(a)

     3,103         47,662   

EMC Insurance Group, Inc.(a)

     1,542         44,533   

Erie Indemnity Co. Class A(a)

     6,454         489,278   

Horace Mann Educators Corp.

     3,893         110,990   

Mercury General Corp.(a)

     11,640         568,148   

Old Republic International Corp.

     48,757         696,250   

Safety Insurance Group, Inc.(a)

     2,950         159,035   

Universal Insurance Holdings, Inc.(a)

     3,394         43,884   
     

 

 

 
Total Insurance               4,405,751   
Internet & Catalog Retail – 0.0%      

Nutrisystem, Inc.(a)

     5,143         79,048   

PetMed Express, Inc.(a)

     4,625         62,900   
     

 

 

 
Total Internet & Catalog Retail               141,948   
Internet Software & Services – 0.0%      

EarthLink Holdings Corp.(a)

     15,038         51,430   
IT Services – 0.4%      

Leidos Holdings, Inc.

     10,511         360,843   

ManTech International Corp. Class A(a)

     3,353         90,363   

Paychex, Inc.(a)

     49,821         2,202,088   

Western Union Co. (The)(a)

     68,779         1,103,215   
     

 

 

 
Total IT Services               3,756,509   
Leisure Products – 0.3%      

Hasbro, Inc.(a)

     16,785         923,091   

Mattel, Inc.(a)

     45,294         1,388,261   

Sturm Ruger & Co., Inc.(a)

     2,293         111,646   
     

 

 

 
Total Leisure Products               2,422,998   
Machinery – 0.9%      

Caterpillar, Inc.

     72,539         7,183,537   

Douglas Dynamics, Inc.(a)

     4,620         90,090   

Harsco Corp.(a)

     10,401         222,685   

Hillenbrand, Inc.

     7,284         225,003   
     

 

 

 
Total Machinery               7,721,315   
Investments    Shares      Value  
     
Media – 0.3%      

Cablevision Systems Corp. Class A(a)

     32,590       $ 570,651   

Cinemark Holdings, Inc.

     15,019         511,247   

Gannett Co., Inc.

     28,567         847,583   

Harte-Hanks, Inc.(a)

     11,719         74,650   

Meredith Corp.(a)

     5,107         218,580   

National CineMedia, Inc.

     11,667         169,288   

Regal Entertainment Group Class A(a)

     24,496         486,980   

World Wrestling Entertainment, Inc. Class A(a)

     4,257         58,619   
     

 

 

 
Total Media               2,937,598   
Metals & Mining – 1.0%      

Compass Minerals International, Inc.

     4,184         352,627   

Freeport-McMoRan, Inc.

     154,467         5,043,348   

Gold Resource Corp.(a)

     16,196         82,923   

Newmont Mining Corp.

     72,137         1,662,758   

Nucor Corp.

     38,213         2,074,202   
     

 

 

 
Total Metals & Mining               9,215,858   
Multi-Utilities – 3.8%      

Alliant Energy Corp.

     16,952         939,310   

Ameren Corp.

     45,610         1,748,231   

Avista Corp.(a)

     11,066         337,845   

Black Hills Corp.(a)

     5,553         265,878   

CenterPoint Energy, Inc.

     65,121         1,593,511   

CMS Energy Corp.

     42,687         1,266,096   

Consolidated Edison, Inc.(a)

     54,408         3,082,757   

Dominion Resources, Inc.

     84,623         5,846,603   

DTE Energy Co.

     29,339         2,232,111   

Integrys Energy Group, Inc.

     16,683         1,081,392   

NiSource, Inc.

     41,873         1,715,956   

NorthWestern Corp.(a)

     5,668         257,101   

PG&E Corp.

     83,425         3,757,462   

Public Service Enterprise Group, Inc.

     94,801         3,530,389   

SCANA Corp.(a)

     25,211         1,250,718   

Sempra Energy

     29,309         3,088,582   

TECO Energy, Inc.(a)

     46,886         814,879   

Vectren Corp.(a)

     14,194         566,341   

Wisconsin Energy Corp.(a)

     35,334         1,519,362   
     

 

 

 
Total Multi-Utilities               34,894,524   
Oil, Gas & Consumable Fuels – 7.5%      

Arch Coal, Inc.(a)

     22,929         48,609   

Chevron Corp.

     266,064         31,746,756   

Comstock Resources, Inc.(a)

     5,288         98,463   

ConocoPhillips

     204,533         15,650,865   

CVR Energy, Inc.(a)

     26,975         1,206,592   

Evolution Petroleum Corp.

     3,590         32,956   

EXCO Resources, Inc.(a)

     41,968         140,173   

Kinder Morgan, Inc.

     207,230         7,945,198   

PBF Energy, Inc. Class A

     5,796         139,104   

Spectra Energy Corp.

     102,483         4,023,483   

Targa Resources Corp.

     4,946         673,497   

Williams Cos., Inc. (The)

     115,170         6,374,660   
     

 

 

 
Total Oil, Gas & Consumable Fuels               68,080,356   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      29   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Equity Income Fund (DHS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Paper & Forest Products – 0.3%      

International Paper Co.

     52,559       $ 2,509,167   
Pharmaceuticals – 13.2%      

AbbVie, Inc.

     197,174         11,388,770   

Bristol-Myers Squibb Co.

     184,519         9,443,682   

Eli Lilly & Co.

     183,955         11,929,482   

Johnson & Johnson

     338,151         36,043,515   

Merck & Co., Inc.

     432,306         25,627,100   

Pfizer, Inc.

     868,791         25,690,150   
     

 

 

 
Total Pharmaceuticals               120,122,699   
Professional Services – 0.0%      

Acacia Research Corp.(a)

     6,904         106,874   

CDI Corp.(a)

     2,172         31,537   

Heidrick & Struggles International, Inc.

     2,728         56,033   
     

 

 

 
Total Professional Services               194,444   
Real Estate Investment Trusts (REITs) – 10.2%      

Acadia Realty Trust(a)

     7,442         205,250   

Agree Realty Corp.

     3,421         93,667   

Alexander’s, Inc.(a)

     880         329,041   

Alexandria Real Estate Equities, Inc.

     12,329         909,264   

American Campus Communities, Inc.

     19,632         715,586   

American Realty Capital Properties, Inc.

     165,095         1,991,046   

AmREIT, Inc.

     3,584         82,324   

Apartment Investment & Management Co. Class A

     22,718         722,887   

Ashford Hospitality Trust, Inc.(a)

     18,935         193,516   

Associated Estates Realty Corp.(a)

     10,458         183,120   

AvalonBay Communities, Inc.

     19,414         2,736,792   

Aviv REIT, Inc.(a)

     8,411         221,630   

BioMed Realty Trust, Inc.(a)

     39,587         799,657   

Brandywine Realty Trust

     28,514         401,192   

Camden Property Trust

     15,296         1,048,235   

Campus Crest Communities, Inc.(a)

     18,192         116,429   

CBL & Associates Properties, Inc.

     35,549         636,327   

Cedar Realty Trust, Inc.

     13,350         78,765   

Chambers Street Properties

     62,714         472,236   

Chatham Lodging Trust

     4,106         94,766   

Chesapeake Lodging Trust

     8,019         233,754   

CoreSite Realty Corp.(a)

     3,692         121,356   

Corporate Office Properties Trust

     17,258         443,876   

Corrections Corp. of America(a)

     28,500         979,260   

CyrusOne, Inc.

     2,424         58,273   

DCT Industrial Trust, Inc.

     55,450         416,429   

DDR Corp.(a)

     53,589         896,544   

DiamondRock Hospitality Co.

     24,592         311,827   

Digital Realty Trust, Inc.(a)

     36,173         2,256,472   

Douglas Emmett, Inc.

     20,403         523,745   

Duke Realty Corp.

     63,086         1,083,817   

DuPont Fabros Technology, Inc.(a)

     11,091         299,901   

EastGroup Properties, Inc.(a)

     5,527         334,881   

Education Realty Trust, Inc.

     23,402         240,573   

EPR Properties(a)

     14,117         715,450   

Equity Commonwealth

     21,244         546,183   

Equity One, Inc.

     19,991         432,405   
Investments    Shares      Value  
     

Equity Residential

     46,072       $ 2,837,114   

Essex Property Trust, Inc.(a)

     8,039         1,436,971   

Excel Trust, Inc.(a)

     10,480         123,350   

Extra Space Storage, Inc.

     18,875         973,384   

Federal Realty Investment Trust(a)

     8,416         996,959   

First Potomac Realty Trust(a)

     15,968         187,624   

Franklin Street Properties Corp.

     25,814         289,633   

Geo Group, Inc. (The)

     20,789         794,556   

Getty Realty Corp.(a)

     5,414         92,038   

Gladstone Commercial Corp.(a)

     4,544         77,203   

Glimcher Realty Trust

     23,989         324,811   

Government Properties Income Trust(a)

     18,690         409,498   

HCP, Inc.

     108,992         4,328,072   

Health Care REIT, Inc.

     68,017         4,242,220   

Healthcare Realty Trust, Inc.

     21,919         519,042   

Healthcare Trust of America, Inc. Class A(a)

     43,783         507,883   

Hersha Hospitality Trust(a)

     36,569         232,945   

Highwoods Properties, Inc.

     18,782         730,620   

Home Properties, Inc.(a)

     12,137         706,859   

Hospitality Properties Trust

     43,593         1,170,472   

Inland Real Estate Corp.(a)

     28,647         283,892   

Investors Real Estate Trust

     25,588         197,028   

Iron Mountain, Inc.(a)

     29,472         962,261   

Kimco Realty Corp.

     75,384         1,651,663   

Kite Realty Group Trust

     4,902         118,824   

LaSalle Hotel Properties(a)

     15,122         517,777   

Lexington Realty Trust(a)

     59,091         578,501   

Liberty Property Trust

     33,281         1,106,926   

LTC Properties, Inc.

     7,737         285,418   

Macerich Co. (The)

     25,609         1,634,622   

Mack-Cali Realty Corp.(a)

     20,552         392,749   

Medical Properties Trust, Inc.(a)

     44,696         547,973   

Mid-America Apartment Communities, Inc.

     14,212         933,018   

Monmouth Real Estate Investment Corp. Class A

     11,685         118,252   

National Health Investors, Inc.(a)

     5,901         337,183   

National Retail Properties, Inc.

     26,213         906,183   

Omega Healthcare Investors, Inc.

     32,419         1,108,406   

One Liberty Properties, Inc.(a)

     4,291         86,807   

Parkway Properties, Inc.

     11,500         215,970   

Pennsylvania Real Estate Investment Trust

     11,620         231,703   

Piedmont Office Realty Trust, Inc. Class A

     36,620         645,977   

Plum Creek Timber Co., Inc.(a)

     28,952         1,129,417   

Post Properties, Inc.

     5,912         303,522   

Potlatch Corp.(a)

     4,549         182,915   

Prologis, Inc.

     62,871         2,370,237   

Public Storage

     26,527         4,399,238   

Ramco-Gershenson Properties Trust

     13,161         213,866   

Rayonier, Inc.(a)

     23,777         740,416   

Realty Income Corp.(a)

     47,906         1,954,086   

Regency Centers Corp.(a)

     15,316         824,460   

Retail Opportunity Investments Corp.(a)

     11,979         176,091   

Retail Properties of America, Inc. Class A

     48,731         712,934   

RLJ Lodging Trust

     17,234         490,652   

Ryman Hospitality Properties, Inc.(a)

     10,425         493,102   

 

See Notes to Financial Statements.

 

30   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Equity Income Fund (DHS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Sabra Health Care REIT, Inc.

     8,287       $ 201,540   

Saul Centers, Inc.

     3,173         148,306   

Select Income REIT

     13,804         331,986   

Senior Housing Properties Trust(a)

     53,835         1,126,228   

Simon Property Group, Inc.

     40,247         6,617,412   

Sovran Self Storage, Inc.

     3,927         292,012   

Spirit Realty Capital, Inc.(a)

     84,524         927,228   

STAG Industrial, Inc.(a)

     10,851         224,724   

Summit Hotel Properties, Inc.(a)

     17,579         189,502   

Sun Communities, Inc.(a)

     8,730         440,865   

Taubman Centers, Inc.

     8,306         606,338   

Terreno Realty Corp.(a)

     2,804         52,799   

UDR, Inc.(a)

     41,895         1,141,639   

Universal Health Realty Income Trust(a)

     3,031         126,332   

Urstadt Biddle Properties, Inc. Class A(a)

     6,196         125,779   

Ventas, Inc.(a)

     57,625         3,569,869   

Vornado Realty Trust

     25,524         2,551,379   

W.P. Carey, Inc.(a)

     15,686         1,000,296   

Washington Real Estate Investment Trust(a)

     14,410         365,726   

Weingarten Realty Investors(a)

     24,415         769,072   

Weyerhaeuser Co.

     68,532         2,183,429   

Whitestone REIT(a)

     7,690         107,199   

Winthrop Realty Trust

     10,836         163,298   
     

 

 

 
Total Real Estate Investment Trusts (REITs)               93,022,757   
Road & Rail – 0.1%      

Landstar System, Inc.(a)

     6,958         502,298   
Semiconductors & Semiconductor Equipment – 4.0%      

Brooks Automation, Inc.

     8,700         91,437   

Intel Corp.(a)

     748,297         26,055,702   

Intersil Corp. Class A(a)

     22,791         323,860   

KLA-Tencor Corp.

     20,125         1,585,447   

Maxim Integrated Products, Inc.

     43,455         1,314,079   

Microchip Technology, Inc.(a)

     27,995         1,322,204   

Texas Instruments, Inc.

     127,613         6,085,864   
     

 

 

 
Total Semiconductors & Semiconductor Equipment               36,778,593   
Software – 5.7%      

American Software, Inc. Class A(a)

     3,694         32,581   

CA, Inc.

     58,801         1,642,900   

Compuware Corp.(a)

     42,080         446,469   

Microsoft Corp.

     1,073,965         49,789,017   
     

 

 

 
Total Software               51,910,967   
Specialty Retail – 0.2%      

American Eagle Outfitters, Inc.(a)

     25,428         369,215   

Staples, Inc.(a)

     85,582         1,035,542   
     

 

 

 
Total Specialty Retail               1,404,757   
Technology Hardware, Storage & Peripherals – 0.1%      

Diebold, Inc.(a)

     9,469         334,445   

Lexmark International, Inc. Class A(a)

     9,669         410,933   
     

 

 

 
Total Technology Hardware, Storage & Peripherals               745,378   
Investments    Shares      Value  
     
Thrifts & Mortgage Finance – 0.4%      

Berkshire Hills Bancorp, Inc.(a)

     2,543       $ 59,735   

Brookline Bancorp, Inc.(a)

     12,281         105,003   

Dime Community Bancshares, Inc.(a)

     5,216         75,110   

New York Community Bancorp, Inc.(a)

     113,244         1,797,182   

Northwest Bancshares, Inc.(a)

     14,066         170,199   

OceanFirst Financial Corp.(a)

     2,762         43,944   

Oritani Financial Corp.(a)

     8,667         122,118   

People’s United Financial, Inc.(a)

     59,455         860,314   

Provident Financial Services, Inc.

     8,076         132,204   

TrustCo Bank Corp.(a)

     14,794         95,273   

United Financial Bancorp, Inc.

     5,061         64,224   
     

 

 

 
Total Thrifts & Mortgage Finance               3,525,306   
Tobacco – 6.2%      

Altria Group, Inc.

     423,176         19,440,706   

Lorillard, Inc.

     68,346         4,094,609   

Philip Morris International, Inc.

     296,438         24,722,929   

Reynolds American, Inc.

     117,052         6,906,068   

Universal Corp.(a)

     3,757         166,773   

Vector Group Ltd.(a)

     38,532         854,641   
     

 

 

 
Total Tobacco               56,185,726   
Trading Companies & Distributors – 0.0%      

Houston Wire & Cable Co.(a)

     2,336         27,985   

TAL International Group, Inc.*(a)

     7,352         303,270   
     

 

 

 
Total Trading Companies & Distributors               331,255   
Water Utilities – 0.0%      

American States Water Co.(a)

     4,103         124,813   

California Water Service Group

     5,802         130,197   

Connecticut Water Service, Inc.(a)

     1,196         38,870   

Middlesex Water Co.(a)

     3,069         60,153   
     

 

 

 
Total Water Utilities               354,033   
Wireless Telecommunication Services – 0.0%      

Spok Holdings, Inc.

     4,339         56,450   

TOTAL COMMON STOCKS

(Cost: $764,562,342)

              907,956,404   
EXCHANGE-TRADED FUND – 0.2%      
United States – 0.2%      
WisdomTree Total Dividend Fund(b)
(Cost: $1,355,515)
     19,477         1,390,488   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 8.0%      
United States – 8.0%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(c)

     
(Cost: $72,856,039)(d)      72,856,039         72,856,039   

TOTAL INVESTMENTS IN SECURITIES – 107.7%

(Cost: $838,773,896)

  

  

     982,202,931   

Liabilities in Excess of Cash and
Other Assets – (7.7)%

        (70,424,546
     

 

 

 
NET ASSETS – 100.0%             $ 911,778,385   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      31   


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Equity Income Fund (DHS)

September 30, 2014

 

  

 

 

* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

Affiliated company (See Note 7).

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(d)

At September 30, 2014, the total market value of the Fund’s securities on loan was $77,472,354 and the total market value of the collateral held by the Fund was $79,419,456. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $6,563,417.

 

See Notes to Financial Statements.

 

32   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited)

WisdomTree LargeCap Dividend Fund (DLN)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 99.8%      
United States – 99.8%      
Aerospace & Defense – 2.9%      

Boeing Co. (The)

     58,637       $ 7,469,181   

General Dynamics Corp.

     46,267         5,880,073   

Honeywell International, Inc.

     87,640         8,161,037   

Lockheed Martin Corp.

     65,205         11,918,170   

Northrop Grumman Corp.

     26,899         3,544,212   

Precision Castparts Corp.

     394         93,331   

Raytheon Co.

     43,681         4,438,863   

United Technologies Corp.

     108,050         11,410,080   
     

 

 

 
Total Aerospace & Defense               52,914,947   
Air Freight & Logistics – 0.6%      

FedEx Corp.

     7,501         1,211,036   

United Parcel Service, Inc. Class B

     94,613         9,299,512   
     

 

 

 
Total Air Freight & Logistics               10,510,548   
Airlines – 0.1%      

Delta Air Lines, Inc.

     40,206         1,453,447   

Southwest Airlines Co.

     31,723         1,071,286   
     

 

 

 
Total Airlines               2,524,733   
Auto Components – 0.2%      

BorgWarner, Inc.

     10,811         568,767   

Johnson Controls, Inc.

     56,321         2,478,124   
     

 

 

 
Total Auto Components               3,046,891   
Automobiles – 0.5%      

Ford Motor Co.

     541,910         8,014,849   

Harley-Davidson, Inc.

     14,350         835,170   
     

 

 

 
Total Automobiles               8,850,019   
Banks – 5.6%      

Bank of America Corp.

     149,855         2,555,028   

BB&T Corp.

     97,023         3,610,226   

CIT Group, Inc.

     8,374         384,869   

Citigroup, Inc.

     12,829         664,799   

Fifth Third Bancorp

     113,390         2,270,068   

JPMorgan Chase & Co.

     548,023         33,012,906   

KeyCorp

     78,913         1,051,910   

M&T Bank Corp.(a)

     17,493         2,156,712   

PNC Financial Services Group, Inc. (The)

     67,790         5,801,468   

Regions Financial Corp.

     92,494         928,640   

SunTrust Banks, Inc.

     32,314         1,228,901   

U.S. Bancorp

     228,699         9,566,479   

Wells Fargo & Co.

     770,174         39,948,925   
     

 

 

 
Total Banks               103,180,931   
Beverages – 2.8%      

Coca-Cola Co. (The)

     678,677         28,952,361   

Coca-Cola Enterprises, Inc.

     26,915         1,193,949   

PepsiCo, Inc.

     234,939         21,870,472   
     

 

 

 
Total Beverages               52,016,782   
Biotechnology – 0.5%      

Amgen, Inc.

     69,331         9,738,232   
Investments    Shares      Value  
     
Capital Markets – 1.8%      

Ameriprise Financial, Inc.

     20,057       $ 2,474,633   

Bank of New York Mellon Corp. (The)

     111,258         4,309,022   

BlackRock, Inc.

     19,939         6,546,373   

Charles Schwab Corp. (The)

     66,891         1,965,927   

Franklin Resources, Inc.

     24,664         1,346,901   

Goldman Sachs Group, Inc. (The)

     31,555         5,792,551   

Morgan Stanley

     68,420         2,365,279   

Northern Trust Corp.

     27,328         1,859,124   

State Street Corp.

     35,335         2,601,009   

T. Rowe Price Group, Inc.

     26,172         2,051,885   

TD Ameritrade Holding Corp.(a)

     48,268         1,610,703   
     

 

 

 
Total Capital Markets               32,923,407   
Chemicals – 2.4%      

Air Products & Chemicals, Inc.

     30,420         3,960,075   

CF Industries Holdings, Inc.

     5,409         1,510,301   

Dow Chemical Co. (The)

     196,088         10,282,855   

E.I. du Pont de Nemours & Co.(a)

     147,358         10,574,410   

Eastman Chemical Co.

     13,466         1,089,265   

Ecolab, Inc.

     14,627         1,679,618   

FMC Corp.

     5,376         307,453   

Monsanto Co.

     43,472         4,891,035   

Mosaic Co. (The)

     36,000         1,598,760   

PPG Industries, Inc.

     10,324         2,031,144   

Praxair, Inc.

     30,698         3,960,042   

Sherwin-Williams Co. (The)

     6,128         1,341,971   

Sigma-Aldrich Corp.

     6,710         912,627   
     

 

 

 
Total Chemicals               44,139,556   
Commercial Services & Supplies – 0.4%      

Republic Services, Inc.

     61,872         2,414,245   

Waste Management, Inc.(a)

     85,465         4,062,152   
     

 

 

 
Total Commercial Services & Supplies               6,476,397   
Communications Equipment – 2.1%      

Cisco Systems, Inc.

     952,177         23,966,295   

Motorola Solutions, Inc.

     26,797         1,695,714   

QUALCOMM, Inc.

     177,512         13,272,573   
     

 

 

 
Total Communications Equipment               38,934,582   
Construction & Engineering – 0.0%      

Fluor Corp.

     7,414         495,181   
Consumer Finance – 0.7%      

American Express Co.

     63,077         5,521,761   

Capital One Financial Corp.

     51,154         4,175,190   

Discover Financial Services

     37,906         2,440,767   

SLM Corp.

     55,415         474,352   
     

 

 

 
Total Consumer Finance               12,612,070   
Distributors – 0.1%      

Genuine Parts Co.

     22,251         1,951,635   
Diversified Financial Services – 0.4%      

CME Group, Inc.

     39,506         3,158,702   

Leucadia National Corp.

     17,327         413,076   

McGraw Hill Financial, Inc.

     22,459         1,896,662   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      33   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree LargeCap Dividend Fund (DLN)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Moody’s Corp.(a)

     15,594       $ 1,473,633   
     

 

 

 
Total Diversified Financial Services               6,942,073   
Diversified Telecommunication Services – 5.3%      

AT&T, Inc.

     1,512,219         53,290,598   

CenturyLink, Inc.

     219,284         8,966,523   

Verizon Communications, Inc.

     684,473         34,216,805   
     

 

 

 
Total Diversified Telecommunication Services               96,473,926   
Electric Utilities – 3.7%      

American Electric Power Co., Inc.

     114,223         5,963,583   

Duke Energy Corp.

     173,220         12,951,659   

Edison International

     51,965         2,905,883   

Entergy Corp.

     51,830         4,008,014   

Exelon Corp.(a)

     207,227         7,064,368   

FirstEnergy Corp.

     159,296         5,347,567   

NextEra Energy, Inc.

     74,179         6,963,925   

Northeast Utilities(a)

     60,089         2,661,943   

PPL Corp.

     169,822         5,576,954   

Southern Co. (The)(a)

     238,152         10,395,335   

Xcel Energy, Inc.(a)

     106,936         3,250,854   
     

 

 

 
Total Electric Utilities               67,090,085   
Electrical Equipment – 0.4%      

AMETEK, Inc.

     6,315         317,076   

Emerson Electric Co.

     99,196         6,207,686   

Rockwell Automation, Inc.

     15,813         1,737,532   
     

 

 

 
Total Electrical Equipment               8,262,294   
Electronic Equipment, Instruments & Components – 0.2%      

Amphenol Corp. Class A

     7,857         784,600   

Corning, Inc.

     182,834         3,536,010   
     

 

 

 
Total Electronic Equipment, Instruments & Components               4,320,610   
Energy Equipment & Services – 0.4%      

Baker Hughes, Inc.

     27,192         1,769,111   

Halliburton Co.

     55,490         3,579,660   

National Oilwell Varco, Inc.

     30,780         2,342,358   
     

 

 

 
Total Energy Equipment & Services               7,691,129   
Food & Staples Retailing – 3.1%      

Costco Wholesale Corp.

     24,946         3,126,233   

CVS Health Corp.

     83,993         6,685,003   

Kroger Co. (The)

     47,225         2,455,700   

Sysco Corp.

     98,306         3,730,713   

Wal-Mart Stores, Inc.

     428,787         32,789,342   

Walgreen Co.

     114,389         6,779,836   

Whole Foods Market, Inc.(a)

     16,187         616,886   
     

 

 

 
Total Food & Staples Retailing               56,183,713   
Food Products – 1.9%      

Archer-Daniels-Midland Co.

     63,907         3,265,648   

Campbell Soup Co.(a)

     49,307         2,106,888   

ConAgra Foods, Inc.

     72,350         2,390,444   

General Mills, Inc.

     105,829         5,339,073   
Investments    Shares      Value  
     

Hershey Co. (The)

     18,456       $ 1,761,256   

Hormel Foods Corp.

     22,061         1,133,715   

J.M. Smucker Co. (The)

     13,146         1,301,323   

Kellogg Co.

     60,020         3,697,232   

Kraft Foods Group, Inc.

     129,103         7,281,409   

Mead Johnson Nutrition Co.

     18,300         1,760,826   

Mondelez International, Inc. Class A

     155,534         5,329,372   
     

 

 

 
Total Food Products               35,367,186   
Health Care Equipment & Supplies – 1.5%      

Abbott Laboratories

     196,463         8,170,896   

Baxter International, Inc.

     86,093         6,178,895   

Becton, Dickinson and Co.

     19,495         2,218,726   

C.R. Bard, Inc.(a)

     2,712         387,029   

Medtronic, Inc.

     106,223         6,580,515   

St. Jude Medical, Inc.

     26,720         1,606,674   

Stryker Corp.

     29,345         2,369,609   

Zimmer Holdings, Inc.

     8,079         812,343   
     

 

 

 
Total Health Care Equipment & Supplies               28,324,687   
Health Care Providers & Services – 1.0%      

Aetna, Inc.

     24,002         1,944,162   

AmerisourceBergen Corp.

     17,202         1,329,715   

Cardinal Health, Inc.

     34,159         2,559,192   

Cigna Corp.

     766         69,469   

Humana, Inc.

     9,208         1,199,710   

McKesson Corp.

     7,568         1,473,263   

UnitedHealth Group, Inc.

     84,957         7,327,541   

WellPoint, Inc.

     27,265         3,261,439   
     

 

 

 
Total Health Care Providers & Services               19,164,491   
Hotels, Restaurants & Leisure – 1.9%      

Las Vegas Sands Corp.

     80,502         5,008,029   

Marriott International, Inc. Class A(a)

     23,200         1,621,680   

McDonald’s Corp.

     184,782         17,519,182   

Starbucks Corp.

     55,086         4,156,790   

Starwood Hotels & Resorts Worldwide, Inc.

     18,224         1,516,419   

Wynn Resorts Ltd.(a)

     11,751         2,198,377   

Yum! Brands, Inc.

     49,394         3,555,380   
     

 

 

 
Total Hotels, Restaurants & Leisure               35,575,857   
Household Durables – 0.1%      

Whirlpool Corp.

     6,935         1,010,083   
Household Products – 2.9%      

Clorox Co. (The)(a)

     21,461         2,061,114   

Colgate-Palmolive Co.

     106,795         6,965,170   

Kimberly-Clark Corp.

     64,633         6,952,572   

Procter & Gamble Co. (The)

     435,756         36,490,208   
     

 

 

 
Total Household Products               52,469,064   
Independent Power and Renewable Electricity Producers – 0.0%   

AES Corp.

     56,941         807,423   
Industrial Conglomerates – 2.7%      

3M Co.

     69,346         9,824,941   

Danaher Corp.

     5,015         381,040   

 

See Notes to Financial Statements.

 

34   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree LargeCap Dividend Fund (DLN)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

General Electric Co.

     1,539,561       $ 39,443,553   

Roper Industries, Inc.

     2,477         362,360   
     

 

 

 
Total Industrial Conglomerates               50,011,894   
Insurance – 2.1%      

Aflac, Inc.

     56,707         3,303,183   

Allstate Corp. (The)

     47,273         2,901,144   

American International Group, Inc.

     65,166         3,520,267   

Chubb Corp. (The)

     26,127         2,379,647   

CNA Financial Corp.

     28,250         1,074,347   

Hartford Financial Services Group, Inc. (The)

     41,161         1,533,247   

Lincoln National Corp.

     17,365         930,417   

Loews Corp.

     11,901         495,796   

Marsh & McLennan Cos., Inc.

     62,617         3,277,374   

MetLife, Inc.

     129,571         6,960,554   

Principal Financial Group, Inc.

     34,853         1,828,737   

Progressive Corp. (The)

     35,803         905,100   

Prudential Financial, Inc.

     59,246         5,210,093   

Travelers Cos., Inc. (The)

     45,217         4,247,685   
     

 

 

 
Total Insurance               38,567,591   
IT Services – 2.3%      

Automatic Data Processing, Inc.

     64,134         5,328,253   

Fidelity National Information Services, Inc.

     27,093         1,525,336   

International Business Machines Corp.

     126,487         24,011,027   

MasterCard, Inc. Class A

     18,812         1,390,583   

Paychex, Inc.

     64,705         2,859,961   

Visa, Inc. Class A

     20,993         4,479,276   

Xerox Corp.

     133,940         1,772,026   
     

 

 

 
Total IT Services               41,366,462   
Leisure Products – 0.1%      

Mattel, Inc.(a)

     58,023         1,778,405   
Life Sciences Tools & Services – 0.1%      

Agilent Technologies, Inc.

     15,054         857,777   

Thermo Fisher Scientific, Inc.

     11,309         1,376,305   
     

 

 

 
Total Life Sciences Tools & Services               2,234,082   
Machinery – 1.4%      

Caterpillar, Inc.(a)

     94,821         9,390,124   

Cummins, Inc.

     18,777         2,478,188   

Deere & Co.(a)

     47,541         3,897,887   

Dover Corp.

     15,294         1,228,567   

Flowserve Corp.

     5,538         390,540   

Illinois Tool Works, Inc.

     50,389         4,253,839   

PACCAR, Inc.

     26,951         1,532,838   

Parker-Hannifin Corp.

     12,072         1,378,019   

Stanley Black & Decker, Inc.

     21,098         1,873,291   
     

 

 

 
Total Machinery               26,423,293   
Media – 2.2%      

CBS Corp. Class B Non-Voting Shares

     25,006         1,337,821   

Comcast Corp. Class A

     181,102         9,739,666   

Comcast Corp. Special Class A

     41,612         2,226,242   

Omnicom Group, Inc.(a)

     31,851         2,193,260   

Time Warner Cable, Inc.

     29,933         4,295,086   
Investments    Shares      Value  
     

Time Warner, Inc.

     84,648       $ 6,366,376   

Twenty-First Century Fox, Inc. Class A

     60,303         2,067,790   

Twenty-First Century Fox, Inc. Class B

     33,263         1,107,990   

Viacom, Inc. Class B

     33,791         2,599,880   

Walt Disney Co. (The)

     103,045         9,174,096   
     

 

 

 
Total Media               41,108,207   
Metals & Mining – 0.8%      

Freeport-McMoRan, Inc.

     200,751         6,554,520   

Newmont Mining Corp.

     92,725         2,137,311   

Nucor Corp.

     49,593         2,691,908   

Southern Copper Corp.(a)

     84,545         2,506,760   
     

 

 

 
Total Metals & Mining               13,890,499   
Multi-Utilities – 1.8%      

CenterPoint Energy, Inc.

     84,592         2,069,966   

Consolidated Edison, Inc.(a)

     70,825         4,012,944   

Dominion Resources, Inc.

     110,341         7,623,460   

DTE Energy Co.

     38,149         2,902,376   

NiSource, Inc.

     55,700         2,282,586   

PG&E Corp.

     108,699         4,895,803   

Public Service Enterprise Group, Inc.

     123,407         4,595,677   

Sempra Energy

     38,095         4,014,451   
     

 

 

 
Total Multi-Utilities               32,397,263   
Multiline Retail – 0.6%      

Kohl’s Corp.(a)

     30,434         1,857,387   

Macy’s, Inc.

     39,528         2,299,739   

Nordstrom, Inc.

     20,718         1,416,490   

Target Corp.(a)

     92,831         5,818,647   
     

 

 

 
Total Multiline Retail               11,392,263   
Oil, Gas & Consumable Fuels – 10.0%      

Anadarko Petroleum Corp.

     24,500         2,485,280   

Apache Corp.

     20,208         1,896,925   

Cabot Oil & Gas Corp.(a)

     5,009         163,744   

Chesapeake Energy Corp.

     48,267         1,109,658   

Chevron Corp.

     346,535         41,348,556   

ConocoPhillips

     267,713         20,485,399   

Devon Energy Corp.

     32,827         2,238,145   

EOG Resources, Inc.

     13,900         1,376,378   

EQT Corp.

     1,491         136,486   

Exxon Mobil Corp.

     606,117         57,005,304   

Hess Corp.

     22,514         2,123,520   

Kinder Morgan, Inc.

     270,686         10,378,101   

Marathon Oil Corp.

     83,091         3,123,391   

Marathon Petroleum Corp.

     31,807         2,693,099   

Murphy Oil Corp.

     20,570         1,170,639   

Noble Energy, Inc.

     16,336         1,116,729   

Occidental Petroleum Corp.

     123,129         11,838,853   

ONEOK, Inc.(a)

     28,869         1,892,363   

Phillips 66

     68,803         5,594,372   

Pioneer Natural Resources Co.

     334         65,788   

Range Resources Corp.

     2,140         145,113   

Spectra Energy Corp.

     133,200         5,229,432   

Valero Energy Corp.

     55,222         2,555,122   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      35   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree LargeCap Dividend Fund (DLN)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Williams Cos., Inc. (The)

     149,719       $ 8,286,947   
     

 

 

 
Total Oil, Gas & Consumable Fuels               184,459,344   
Paper & Forest Products – 0.2%      

International Paper Co.

     69,910         3,337,503   
Personal Products – 0.1%      

Estee Lauder Cos., Inc. (The) Class A

     14,014         1,047,126   
Pharmaceuticals – 8.6%      

AbbVie, Inc.(a)

     257,013         14,845,071   

Allergan, Inc.

     3,012         536,708   

Bristol-Myers Squibb Co.

     239,268         12,245,736   

Eli Lilly & Co.

     240,464         15,594,091   

Johnson & Johnson

     440,404         46,942,662   

Merck & Co., Inc.

     562,555         33,348,261   

Pfizer, Inc.

     1,129,474         33,398,546   

Zoetis, Inc.

     21,455         792,762   
     

 

 

 
Total Pharmaceuticals               157,703,837   
Real Estate Investment Trusts (REITs) – 3.3%      

American Tower Corp.

     30,685         2,873,037   

AvalonBay Communities, Inc.

     25,044         3,530,453   

Boston Properties, Inc.

     20,997         2,430,613   

Crown Castle International Corp.

     36,402         2,931,453   

Equity Residential

     61,028         3,758,104   

General Growth Properties, Inc.

     135,397         3,188,599   

HCP, Inc.

     143,820         5,711,092   

Health Care REIT, Inc.

     89,385         5,574,942   

Host Hotels & Resorts, Inc.

     104,632         2,231,801   

Prologis, Inc.

     81,831         3,085,029   

Public Storage

     35,024         5,808,380   

Simon Property Group, Inc.

     53,022         8,717,877   

Ventas, Inc.

     74,080         4,589,256   

Vornado Realty Trust

     33,158         3,314,474   

Weyerhaeuser Co.

     88,597         2,822,700   
     

 

 

 
Total Real Estate Investment Trusts (REITs)               60,567,810   
Road & Rail – 1.1%      

CSX Corp.

     119,706         3,837,774   

Kansas City Southern(a)

     4,345         526,614   

Norfolk Southern Corp.

     39,058         4,358,873   

Union Pacific Corp.

     97,447         10,565,204   
     

 

 

 
Total Road & Rail               19,288,465   
Semiconductors & Semiconductor Equipment – 2.9%      

Altera Corp.

     32,643         1,167,967   

Analog Devices, Inc.

     46,253         2,289,061   

Applied Materials, Inc.

     155,454         3,359,361   

Broadcom Corp. Class A

     45,055         1,821,123   

Intel Corp.

     974,388         33,928,190   

KLA-Tencor Corp.

     26,177         2,062,224   

Texas Instruments, Inc.

     166,053         7,919,068   

Xilinx, Inc.

     31,650         1,340,377   
     

 

 

 
Total Semiconductors & Semiconductor Equipment               53,887,371   
Investments    Shares      Value  
     
Software – 4.6%      

Activision Blizzard, Inc.

     43,416       $ 902,619   

CA, Inc.

     76,472         2,136,628   

Intuit, Inc.

     16,091         1,410,376   

Microsoft Corp.

     1,401,835         64,989,070   

Oracle Corp.

     346,797         13,275,389   

Symantec Corp.

     100,943         2,373,170   
     

 

 

 
Total Software               85,087,252   
Specialty Retail – 1.6%      

Best Buy Co., Inc.

     29,379         986,841   

Gap, Inc. (The)(a)

     52,513         2,189,267   

Home Depot, Inc. (The)

     152,989         14,035,211   

L Brands, Inc.

     30,425         2,037,866   

Lowe’s Cos., Inc.

     86,081         4,555,406   

Ross Stores, Inc.

     11,013         832,363   

Staples, Inc.(a)

     111,138         1,344,770   

Tiffany & Co.(a)

     10,092         971,960   

TJX Cos., Inc. (The)

     36,340         2,150,238   

Tractor Supply Co.(a)

     5,157         317,207   
     

 

 

 
Total Specialty Retail               29,421,129   
Technology Hardware, Storage & Peripherals – 5.2%      

Apple, Inc.

     764,988         77,072,541   

EMC Corp.

     192,359         5,628,424   

Hewlett-Packard Co.

     225,574         8,001,110   

NetApp, Inc.

     27,061         1,162,541   

SanDisk Corp.

     15,700         1,537,815   

Western Digital Corp.

     19,210         1,869,517   
     

 

 

 
Total Technology Hardware, Storage & Peripherals               95,271,948   
Textiles, Apparel & Luxury Goods – 0.5%      

Coach, Inc.

     36,875         1,313,119   

NIKE, Inc. Class B

     42,150         3,759,780   

PVH Corp.

     460         55,729   

Ralph Lauren Corp.

     3,109         512,145   

VF Corp.

     42,490         2,805,615   
     

 

 

 
Total Textiles, Apparel & Luxury Goods               8,446,388   
Tobacco – 3.9%      

Altria Group, Inc.

     554,001         25,450,806   

Lorillard, Inc.

     89,042         5,334,506   

Philip Morris International, Inc.

     385,888         32,183,059   

Reynolds American, Inc.

     152,592         9,002,928   
     

 

 

 
Total Tobacco               71,971,299   
Trading Companies & Distributors – 0.2%      

Fastenal Co.(a)

     33,576         1,507,562   

W.W. Grainger, Inc.(a)

     5,581         1,404,459   
     

 

 

 
Total Trading Companies & Distributors               2,912,021   

TOTAL COMMON STOCKS

(Cost: $1,463,996,312)

              1,832,569,984   

 

See Notes to Financial Statements.

 

36   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree LargeCap Dividend Fund (DLN)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
EXCHANGE-TRADED FUND – 0.0%      
United States – 0.0%      
WisdomTree Total Dividend Fund(b)
(Cost: $330,484)
     4,782       $ 341,393   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.9%      
United States – 3.9%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(c)

     
(Cost: $71,857,282)(d)      71,857,282         71,857,282   
TOTAL INVESTMENTS IN SECURITIES – 103.7%
(Cost: $1,536,184,078)
         1,904,768,659   

Liabilities in Excess of Cash and
Other Assets – (3.7)%

        (68,635,059
     

 

 

 
NET ASSETS – 100.0%             $ 1,836,133,600   
(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

Affiliated company (See Note 7).

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(d) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $72,600,622 and the total market value of the collateral held by the Fund was $74,257,650. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $2,400,368.

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      37   


Table of Contents

Schedule of Investments (unaudited)

WisdomTree LargeCap Value Fund (EZY)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 99.8%      
United States – 99.8%      
Aerospace & Defense – 7.8%      

Alliant Techsystems, Inc.

     275       $ 35,101   

B/E Aerospace, Inc.*(a)

     510         42,809   

Boeing Co. (The)(a)

     4,345         553,466   

Curtiss-Wright Corp.(a)

     238         15,689   

Esterline Technologies Corp.*(a)

     189         21,030   

Exelis, Inc.

     2,198         36,355   

General Dynamics Corp.

     2,553         324,461   

Hexcel Corp.*(a)

     470         18,659   

Huntington Ingalls Industries, Inc.(a)

     249         25,948   

L-3 Communications Holdings, Inc.

     717         85,266   

Lockheed Martin Corp.

     2,301         420,577   

Moog, Inc. Class A*(a)

     326         22,298   

Northrop Grumman Corp.

     1,799         237,036   

Raytheon Co.(a)

     2,180         221,532   

Teledyne Technologies, Inc.*(a)

     216         20,306   

Textron, Inc.(a)

     1,433         51,574   

Vectrus, Inc.*

     122         2,385   
     

 

 

 
Total Aerospace & Defense               2,134,492   
Air Freight & Logistics – 1.1%      

FedEx Corp.

     1,851         298,844   
Airlines – 1.3%      

Alaska Air Group, Inc.

     764         33,264   

JetBlue Airways Corp.*(a)

     2,185         23,205   

Southwest Airlines Co.(a)

     3,973         134,168   

Spirit Airlines, Inc.*

     343         23,715   

United Continental Holdings, Inc.*

     2,810         131,480   
     

 

 

 
Total Airlines               345,832   
Auto Components – 1.7%      

Federal-Mogul Holdings Corp.*(a)

     657         9,770   

Gentex Corp.(a)

     833         22,299   

Johnson Controls, Inc.

     3,762         165,528   

Lear Corp.

     679         58,672   

Tenneco, Inc.*(a)

     486         25,423   

TRW Automotive Holdings Corp.*

     1,447         146,509   

Visteon Corp.*(a)

     384         37,344   
     

 

 

 
Total Auto Components               465,545   
Automobiles – 4.3%      

Ford Motor Co.(a)

     48,976         724,355   

General Motors Co.

     13,552         432,851   

Thor Industries, Inc.

     282         14,523   
     

 

 

 
Total Automobiles               1,171,729   
Banks – 14.0%      

BancorpSouth, Inc.(a)

     190         3,827   

Bank of America Corp.

     38,984         664,677   

BB&T Corp.(a)

     1,595         59,350   

Citigroup, Inc.

     11,573         599,713   

Comerica, Inc.(a)

     429         21,390   

Fifth Third Bancorp(a)

     2,709         54,234   

Huntington Bancshares, Inc.

     2,425         23,595   
Investments    Shares      Value  
     

Iberiabank Corp.(a)

     64       $ 4,001   

JPMorgan Chase & Co.

     19,989         1,204,137   

KeyCorp

     2,512         33,485   

PNC Financial Services Group, Inc. (The)(a)

     1,934         165,512   

Popular, Inc.*(a)

     246         7,241   

PrivateBancorp, Inc.(a)

     169         5,055   

Regions Financial Corp.(a)

     4,470         44,879   

SunTrust Banks, Inc.

     1,343         51,074   

SVB Financial Group*(a)

     75         8,407   

Umpqua Holdings Corp.

     220         3,623   

Wells Fargo & Co.

     16,905         876,862   

Western Alliance Bancorp*(a)

     194         4,637   

Wintrust Financial Corp.(a)

     108         4,824   
     

 

 

 
Total Banks               3,840,523   
Beverages – 0.3%      

Constellation Brands, Inc. Class A*(a)

     837         72,953   
Capital Markets – 2.8%      

Ameriprise Financial, Inc.(a)

     521         64,281   

Bank of New York Mellon Corp. (The)

     2,517         97,483   

E*TRADE Financial Corp.*(a)

     486         10,979   

Goldman Sachs Group, Inc. (The)(a)

     1,916         351,720   

Legg Mason, Inc.(a)

     238         12,176   

LPL Financial Holdings, Inc.(a)

     197         9,072   

Morgan Stanley

     5,478         189,374   

Raymond James Financial, Inc.

     357         19,128   

Stifel Financial Corp.*

     241         11,301   
     

 

 

 
Total Capital Markets               765,514   
Chemicals – 5.4%      

Ashland, Inc.(a)

     980         102,018   

Cabot Corp.(a)

     424         21,526   

Celanese Corp. Series A(a)

     1,031         60,334   

CF Industries Holdings, Inc.

     682         190,428   

Cytec Industries, Inc.

     514         24,307   

Dow Chemical Co. (The)(a)

     5,067         265,713   

E.I. du Pont de Nemours & Co.(a)

     5,466         392,240   

Eastman Chemical Co.(a)

     1,492         120,688   

H.B. Fuller Co.(a)

     339         13,458   

Huntsman Corp.(a)

     1,591         41,350   

Minerals Technologies, Inc.(a)

     146         9,010   

Olin Corp.(a)

     659         16,640   

PolyOne Corp.(a)

     529         18,822   

PPG Industries, Inc.(a)

     747         146,965   

RPM International, Inc.

     791         36,212   

Sensient Technologies Corp.(a)

     290         15,182   
     

 

 

 
Total Chemicals               1,474,893   
Commercial Services & Supplies – 0.4%      

Cintas Corp.(a)

     645         45,531   

KAR Auction Services, Inc.(a)

     284         8,131   

R.R. Donnelley & Sons Co.(a)

     2,890         47,569   

UniFirst Corp.(a)

     137         13,233   
     

 

 

 
Total Commercial Services & Supplies               114,464   

 

See Notes to Financial Statements.

 

38   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree LargeCap Value Fund (EZY)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Communications Equipment – 0.7%      

ARRIS Group, Inc.*(a)

     547       $ 15,510   

Brocade Communications Systems, Inc.(a)

     2,993         32,534   

Finisar Corp.*(a)

     383         6,369   

Harris Corp.

     964         64,010   

Juniper Networks, Inc.

     2,130         47,180   

Ubiquiti Networks, Inc.*(a)

     361         13,548   
     

 

 

 
Total Communications Equipment               179,151   
Construction & Engineering – 0.7%      

Fluor Corp.(a)

     890         59,443   

Jacobs Engineering Group, Inc.*(a)

     723         35,297   

MasTec, Inc.*(a)

     421         12,891   

Quanta Services, Inc.*(a)

     1,238         44,927   

URS Corp.(a)

     563         32,434   
     

 

 

 
Total Construction & Engineering               184,992   
Consumer Finance – 0.9%      

Capital One Financial Corp.

     2,397         195,643   

Navient Corp.

     2,204         39,033   

SLM Corp.(a)

     2,204         18,866   
     

 

 

 
Total Consumer Finance               253,542   
Containers & Packaging – 1.0%      

Avery Dennison Corp.(a)

     603         26,924   

Graphic Packaging Holding Co.*(a)

     2,044         25,407   

Owens-Illinois, Inc.*

     1,553         40,456   

Packaging Corp. of America

     827         52,779   

Rock-Tenn Co. Class A

     1,782         84,787   

Sealed Air Corp.(a)

     872         30,415   

Sonoco Products Co.

     620         24,360   
     

 

 

 
Total Containers & Packaging               285,128   
Diversified Consumer Services – 0.3%      

Apollo Education Group, Inc.*(a)

     1,662         41,799   

DeVry Education Group, Inc.(a)

     493         21,105   

Graham Holdings Co. Class B

     32         22,387   

Grand Canyon Education, Inc.*(a)

     200         8,154   
     

 

 

 
Total Diversified Consumer Services               93,445   
Diversified Financial Services – 3.1%      

Berkshire Hathaway, Inc. Class B*

     6,212         858,126   
Diversified Telecommunication Services – 0.1%      

Frontier Communications Corp.(a)

     5,958         38,787   
Electric Utilities – 0.6%      

Entergy Corp.(a)

     1,523         117,774   

Great Plains Energy, Inc.(a)

     971         23,469   

PNM Resources, Inc.(a)

     401         9,989   
     

 

 

 
Total Electric Utilities               151,232   
Electrical Equipment – 0.3%      

Acuity Brands, Inc.(a)

     138         16,244   

Babcock & Wilcox Co. (The)(a)

     1,305         36,135   

EnerSys(a)

     373         21,873   
     

 

 

 
Total Electrical Equipment               74,252   
Investments    Shares      Value  
     
Electronic Equipment, Instruments & Components – 1.7%      

Anixter International, Inc.

     220       $ 18,665   

Arrow Electronics, Inc.*

     922         51,033   

Avnet, Inc.

     1,364         56,606   

Belden, Inc.

     193         12,356   

Corning, Inc.

     10,655         206,067   

Ingram Micro, Inc. Class A*

     1,238         31,953   

Jabil Circuit, Inc.(a)

     2,769         55,851   

SYNNEX Corp.*(a)

     230         14,865   

Tech Data Corp.*(a)

     271         15,951   

Vishay Intertechnology, Inc.(a)

     909         12,989   
     

 

 

 
Total Electronic Equipment, Instruments & Components               476,336   
Energy Equipment & Services – 2.3%      

Baker Hughes, Inc.

     2,075         134,999   

Halliburton Co.

     5,603         361,450   

Helmerich & Payne, Inc.(a)

     731         71,543   

Patterson-UTI Energy, Inc.

     646         21,014   

Superior Energy Services, Inc.(a)

     1,068         35,105   

Unit Corp.*

     301         17,654   
     

 

 

 
Total Energy Equipment & Services               641,765   
Food & Staples Retailing – 3.9%      

Casey’s General Stores, Inc.(a)

     212         15,200   

CVS Health Corp.

     6,669         530,786   

Kroger Co. (The)

     3,728         193,856   

Safeway, Inc.(a)

     830         28,469   

United Natural Foods, Inc.*(a)

     192         11,800   

Walgreen Co.

     4,770         282,718   
     

 

 

 
Total Food & Staples Retailing               1,062,829   
Food Products – 1.8%      

Archer-Daniels-Midland Co.

     3,634         185,698   

Hain Celestial Group, Inc. (The)*(a)

     195         19,958   

Keurig Green Mountain, Inc.(a)

     578         75,215   

Pilgrim’s Pride Corp.*(a)

     2,804         85,690   

Pinnacle Foods, Inc.

     601         19,623   

Tyson Foods, Inc. Class A(a)

     2,363         93,031   

WhiteWave Foods Co. (The)*(a)

     519         18,855   
     

 

 

 
Total Food Products               498,070   
Gas Utilities – 0.3%      

AGL Resources, Inc.(a)

     648         33,268   

UGI Corp.(a)

     1,199         40,857   
     

 

 

 
Total Gas Utilities               74,125   
Health Care Equipment & Supplies – 0.7%      

Boston Scientific Corp.*(a)

     5,922         69,939   

St. Jude Medical, Inc.(a)

     2,195         131,985   
     

 

 

 
Total Health Care Equipment & Supplies               201,924   
Health Care Providers & Services – 9.9%      

Aetna, Inc.(a)

     3,394         274,914   

Cardinal Health, Inc.(a)

     2,145         160,703   

Centene Corp.*(a)

     293         24,234   

Cigna Corp.

     3,393         307,711   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      39   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree LargeCap Value Fund (EZY)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Express Scripts Holding Co.*(a)

     3,945       $ 278,635   

Health Net, Inc.*

     555         25,591   

Henry Schein, Inc.*(a)

     431         50,199   

Humana, Inc.(a)

     1,197         155,957   

LifePoint Hospitals, Inc.*

     283         19,581   

McKesson Corp.(a)

     1,046         203,625   

Omnicare, Inc.(a)

     672         41,839   

Owens & Minor, Inc.

     378         12,376   

UnitedHealth Group, Inc.(a)

     7,652         659,985   

Universal Health Services, Inc. Class B(a)

     739         77,225   

VCA, Inc.*(a)

     487         19,154   

WellCare Health Plans, Inc.*(a)

     405         24,438   

WellPoint, Inc.(a)

     3,137         375,248   
     

 

 

 
Total Health Care Providers & Services               2,711,415   
Hotels, Restaurants & Leisure – 0.2%      

Bloomin’ Brands, Inc.*(a)

     859         15,754   

Buffalo Wild Wings, Inc.*(a)

     53         7,116   

Jack in the Box, Inc.

     176         12,002   

Wendy’s Co. (The)(a)

     1,838         15,182   
     

 

 

 
Total Hotels, Restaurants & Leisure               50,054   
Household Durables – 0.9%      

Harman International Industries, Inc.

     304         29,804   

Jarden Corp.*

     741         44,542   

Mohawk Industries, Inc.*(a)

     412         55,546   

Whirlpool Corp.

     796         115,937   
     

 

 

 
Total Household Durables               245,829   
Household Products – 0.1%      

Spectrum Brands Holdings, Inc.(a)

     331         29,965   
Independent Power and Renewable Electricity Producers – 0.3%   

AES Corp.

     6,142         87,094   
Insurance – 4.6%      

Aflac, Inc.(a)

     2,025         117,956   

Allstate Corp. (The)

     2,368         145,324   

American Financial Group, Inc.

     336         19,451   

American International Group, Inc.

     6,944         375,115   

Assurant, Inc.(a)

     331         21,283   

CNA Financial Corp.(a)

     885         33,657   

CNO Financial Group, Inc.

     1,518         25,745   

First American Financial Corp.(a)

     300         8,136   

Genworth Financial, Inc. Class A*

     1,486         19,467   

Hanover Insurance Group, Inc. (The)(a)

     185         11,363   

Hartford Financial Services Group, Inc. (The)(a)

     2,486         92,604   

Kemper Corp.(a)

     224         7,650   

Lincoln National Corp.(a)

     1,056         56,580   

MBIA, Inc.*(a)

     685         6,288   

Mercury General Corp.

     103         5,027   

MetLife, Inc.(a)

     2,873         154,338   

Primerica, Inc.(a)

     167         8,053   

Principal Financial Group, Inc.(a)

     788         41,346   

Protective Life Corp.

     320         22,211   

Reinsurance Group of America, Inc.(a)

     184         14,744   
Investments    Shares      Value  
     

StanCorp Financial Group, Inc.(a)

     147       $ 9,287   

Symetra Financial Corp.(a)

     431         10,055   

Torchmark Corp.(a)

     418         21,891   

Unum Group

     1,013         34,827   
     

 

 

 
Total Insurance               1,262,398   
Internet & Catalog Retail – 0.2%      

Liberty Interactive Corp. Class A*

     1,951         55,643   
Internet Software & Services – 0.1%      

IAC/InterActiveCorp(a)

     446         29,391   
IT Services – 1.8%      

Acxiom Corp.*(a)

     258         4,270   

Booz Allen Hamilton Holding Corp.(a)

     1,175         27,495   

Broadridge Financial Solutions, Inc.

     832         34,636   

Computer Sciences Corp.

     1,572         96,128   

Convergys Corp.(a)

     434         7,734   

DST Systems, Inc.

     398         33,400   

Euronet Worldwide, Inc.*(a)

     221         10,562   

Fidelity National Information Services, Inc.

     1,453         81,804   

Global Payments, Inc.(a)

     438         30,607   

Leidos Holdings, Inc.

     427         14,659   

Xerox Corp.(a)

     11,892         157,331   
     

 

 

 
Total IT Services               498,626   
Leisure Products – 0.3%      

Brunswick Corp.(a)

     2,100         88,494   
Life Sciences Tools & Services – 0.7%      

PerkinElmer, Inc.(a)

     539         23,500   

Thermo Fisher Scientific, Inc.

     1,395         169,772   
     

 

 

 
Total Life Sciences Tools & Services               193,272   
Machinery – 2.2%      

AGCO Corp.(a)

     1,156         52,552   

Barnes Group, Inc.(a)

     247         7,496   

Colfax Corp.*(a)

     335         19,085   

ITT Corp.

     1,399         62,871   

Manitowoc Co., Inc. (The)(a)

     570         13,367   

Middleby Corp. (The)*(a)

     225         19,829   

Oshkosh Corp.(a)

     642         28,344   

PACCAR, Inc.

     1,962         111,589   

Parker-Hannifin Corp.(a)

     743         84,813   

Snap-on, Inc.(a)

     344         41,652   

SPX Corp.(a)

     267         25,079   

Terex Corp.(a)

     722         22,938   

Trinity Industries, Inc.(a)

     1,166         54,476   

WABCO Holdings, Inc.*

     414         37,653   

Xylem, Inc.

     1,013         35,951   
     

 

 

 
Total Machinery               617,695   
Media – 1.4%      

Gannett Co., Inc.(a)

     2,313         68,627   

Interpublic Group of Cos., Inc. (The)(a)

     2,425         44,426   

John Wiley & Sons, Inc. Class A(a)

     395         22,163   

Time Warner Cable, Inc.

     1,669         239,485   
     

 

 

 
Total Media               374,701   

 

See Notes to Financial Statements.

 

40   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree LargeCap Value Fund (EZY)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Metals & Mining – 0.4%      

Alcoa, Inc.

     1,889       $ 30,394   

Carpenter Technology Corp.

     244         11,017   

Cliffs Natural Resources, Inc.(a)

     3,138         32,573   

Commercial Metals Co.(a)

     319         5,445   

Steel Dynamics, Inc.(a)

     1,120         25,323   

Worthington Industries, Inc.(a)

     459         17,084   
     

 

 

 
Total Metals & Mining               121,836   
Multi-Utilities – 0.1%      

Black Hills Corp.(a)

     211         10,103   

MDU Resources Group, Inc.(a)

     871         24,222   
     

 

 

 
Total Multi-Utilities               34,325   
Multiline Retail – 1.1%      

Dillard’s, Inc. Class A(a)

     377         41,086   

Kohl’s Corp.(a)

     1,767         107,840   

Macy’s, Inc.(a)

     2,869         166,918   
     

 

 

 
Total Multiline Retail               315,844   
Oil, Gas & Consumable Fuels – 7.4%      

ConocoPhillips(a)

     10,988         840,802   

Energen Corp.

     242         17,482   

Hess Corp.

     4,907         462,828   

Phillips 66

     5,118         416,144   

Stone Energy Corp.*(a)

     369         11,572   

Valero Energy Corp.(a)

     5,030         232,738   

Western Refining, Inc.(a)

     911         38,253   

World Fuel Services Corp.(a)

     501         20,000   
     

 

 

 
Total Oil, Gas & Consumable Fuels               2,039,819   
Personal Products – 0.1%      

Nu Skin Enterprises, Inc. Class A(a)

     495         22,290   
Pharmaceuticals – 0.6%      

Hospira, Inc.*(a)

     1,042         54,215   

Mylan, Inc.*(a)

     2,302         104,718   
     

 

 

 
Total Pharmaceuticals               158,933   
Professional Services – 0.3%      

Manpowergroup, Inc.(a)

     554         38,835   

On Assignment, Inc.*

     212         5,692   

Towers Watson & Co. Class A(a)

     373         37,114   
     

 

 

 
Total Professional Services               81,641   
Real Estate Management & Development – 0.0%      

Jones Lang LaSalle, Inc.

     99         12,508   
Road & Rail – 0.6%      

AMERCO(a)

     149         39,022   

Avis Budget Group, Inc.*(a)

     674         36,996   

Con-way, Inc.

     244         11,590   

Old Dominion Freight Line, Inc.*

     390         27,549   

Ryder System, Inc.(a)

     340         30,590   

Swift Transportation Co.*(a)

     741         15,546   
     

 

 

 
Total Road & Rail               161,293   
Semiconductors & Semiconductor Equipment – 1.2%      

Applied Materials, Inc.(a)

     5,027         108,634   
Investments    Shares      Value  
     

First Solar, Inc.*(a)

     720       $ 47,383   

Lam Research Corp.(a)

     831         62,076   

NVIDIA Corp.(a)

     2,792         51,512   

Skyworks Solutions, Inc.

     954         55,380   

Synaptics, Inc.*(a)

     242         17,714   
     

 

 

 
Total Semiconductors & Semiconductor Equipment               342,699   
Software – 0.4%      

Activision Blizzard, Inc.

     5,728         119,085   
Specialty Retail – 2.3%      

Advance Auto Parts, Inc.

     394         51,338   

AutoNation, Inc.*(a)

     775         38,990   

Best Buy Co., Inc.

     2,676         89,887   

Foot Locker, Inc.

     1,052         58,544   

GameStop Corp. Class A(a)

     952         39,222   

Guess?, Inc.(a)

     632         13,885   

Lowe’s Cos., Inc.

     5,282         279,524   

Men’s Wearhouse, Inc. (The)(a)

     270         12,749   

Penske Automotive Group, Inc.

     640         25,978   

Restoration Hardware Holdings, Inc.*(a)

     140         11,137   
     

 

 

 
Total Specialty Retail               621,254   
Technology Hardware, Storage & Peripherals – 4.4%      

Hewlett-Packard Co.

     21,041         746,324   

Lexmark International, Inc. Class A(a)

     674         28,645   

NCR Corp.*(a)

     1,624         54,258   

SanDisk Corp.(a)

     1,620         158,679   

Western Digital Corp.

     2,206         214,688   
     

 

 

 
Total Technology Hardware, Storage & Peripherals               1,202,594   
Textiles, Apparel & Luxury Goods – 0.3%      

Columbia Sportswear Co.

     294         10,519   

Deckers Outdoor Corp.*(a)

     199         19,339   

Hanesbrands, Inc.

     586         62,960   
     

 

 

 
Total Textiles, Apparel & Luxury Goods               92,818   
Thrifts & Mortgage Finance – 0.0%      

EverBank Financial Corp.(a)

     364         6,428   
Trading Companies & Distributors – 0.4%      

GATX Corp.(a)

     255         14,885   

United Rentals, Inc.*(a)

     561         62,327   

WESCO International, Inc.*(a)

     316         24,730   
     

 

 

 
Total Trading Companies & Distributors               101,942   
Transportation Infrastructure – 0.0%      

Wesco Aircraft Holdings, Inc.*(a)

     564         9,814   

TOTAL COMMON STOCKS

(Cost: $23,917,171)

              27,448,193   
EXCHANGE-TRADED FUNDS – 0.2%      
United States – 0.2%      

WisdomTree Earnings 500 Fund(b)

     556         38,286   

WisdomTree MidCap Earnings Fund(b)

     186         16,281   
     

 

 

 

TOTAL EXCHANGE-TRADED FUNDS

(Cost: $49,752)

              54,567   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      41   


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree LargeCap Value Fund (EZY)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 25.6%   
United States – 25.6%   

State Street Navigator Securities Lending Prime Portfolio, 0.15%(c)

     
(Cost: $7,047,195)(d)      7,047,195       $ 7,047,195   

TOTAL INVESTMENTS IN SECURITIES – 125.6%

(Cost: $31,014,118)

  

  

     34,549,955   

Liabilities in Excess of Cash and
Other Assets – (25.6)%

   

     (7,031,564
     

 

 

 
NET ASSETS – 100.0%             $ 27,518,391   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

Affiliated company (See Note 7).

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(d) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $7,790,121 and the total market value of the collateral held by the Fund was $7,968,411. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $921,216.

 

See Notes to Financial Statements.

 

42   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited)

WisdomTree MidCap Dividend Fund (DON)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 99.5%      
United States – 99.5%      
Aerospace & Defense – 1.6%      

Alliant Techsystems, Inc.

     8,156       $ 1,041,032   

Exelis, Inc.

     124,777         2,063,812   

Huntington Ingalls Industries, Inc.

     14,069         1,466,130   

L-3 Communications Holdings, Inc.

     55,710         6,625,033   

Rockwell Collins, Inc.(a)

     67,120         5,268,920   

Textron, Inc.

     20,105         723,579   

Triumph Group, Inc.(a)

     3,242         210,892   

Vectrus, Inc.*

     6,932         135,383   
     

 

 

 
Total Aerospace & Defense         17,534,781   
Air Freight & Logistics – 1.0%      

C.H. Robinson Worldwide, Inc.(a)

     112,241         7,443,823   

Expeditors International of Washington, Inc.

     85,539         3,471,173   
     

 

 

 
Total Air Freight & Logistics         10,914,996   
Airlines – 0.2%      

Alaska Air Group, Inc.(a)

     47,073         2,049,558   
Auto Components – 0.5%      

Dana Holding Corp.(a)

     47,171         904,268   

Gentex Corp.(a)

     72,900         1,951,533   

Goodyear Tire & Rubber Co. (The)

     65,363         1,476,223   

Lear Corp.

     20,338         1,757,407   
     

 

 

 
Total Auto Components         6,089,431   
Automobiles – 0.1%      

Thor Industries, Inc.(a)

     27,322         1,407,083   
Banks – 2.6%      

Associated Banc-Corp.(a)

     62,529         1,089,255   

Bank of Hawaii Corp.(a)

     25,174         1,430,135   

BankUnited, Inc.(a)

     47,653         1,452,940   

BOK Financial Corp.(a)

     31,346         2,083,882   

City National Corp.(a)

     12,533         948,372   

Comerica, Inc.(a)

     48,930         2,439,650   

Commerce Bancshares, Inc.(a)

     33,728         1,505,786   

Cullen/Frost Bankers, Inc.(a)

     30,724         2,350,693   

East West Bancorp, Inc.

     44,087         1,498,958   

First Horizon National Corp.(a)

     75,919         932,285   

First Niagara Financial Group, Inc.(a)

     192,257         1,601,501   

First Republic Bank(a)

     22,649         1,118,408   

FirstMerit Corp.

     87,151         1,533,858   

Hancock Holding Co.

     40,701         1,304,467   

Huntington Bancshares, Inc.

     320,483         3,118,300   

Investors Bancorp, Inc.(a)

     42,139         426,868   

Prosperity Bancshares, Inc.(a)

     18,684         1,068,164   

Synovus Financial Corp.

     28,603         676,175   

TCF Financial Corp.(a)

     36,878         572,715   

UMB Financial Corp.(a)

     11,696         638,017   

Webster Financial Corp.(a)

     33,422         973,917   

Zions Bancorp(a)

     19,377         563,096   
     

 

 

 
Total Banks         29,327,442   
Beverages – 2.4%      

Brown-Forman Corp. Class A

     26,012         2,320,010   
Investments    Shares      Value  
     

Brown-Forman Corp. Class B(a)

     52,400       $ 4,727,528   

Dr. Pepper Snapple Group, Inc.(a)

     189,107         12,161,471   

Molson Coors Brewing Co. Class B

     109,954         8,184,976   
     

 

 

 
Total Beverages         27,393,985   
Building Products – 0.7%      

A.O. Smith Corp.

     20,410         964,985   

Fortune Brands Home & Security, Inc.

     45,809         1,883,208   

Lennox International, Inc.

     16,816         1,292,646   

Masco Corp.

     147,145         3,519,708   
     

 

 

 
Total Building Products         7,660,547   
Capital Markets – 1.0%      

Eaton Vance Corp.(a)

     46,059         1,737,806   

Federated Investors, Inc. Class B(a)

     67,832         1,991,548   

Financial Engines, Inc.(a)

     2,597         88,856   

Legg Mason, Inc.(a)

     26,550         1,358,298   

LPL Financial Holdings, Inc.

     31,230         1,438,142   

Raymond James Financial, Inc.

     28,516         1,527,887   

SEI Investments Co.

     36,165         1,307,726   

Waddell & Reed Financial, Inc. Class A

     27,113         1,401,471   
     

 

 

 
Total Capital Markets         10,851,734   
Chemicals – 4.2%      

Airgas, Inc.(a)

     38,737         4,286,249   

Albemarle Corp.(a)

     36,472         2,148,201   

Ashland, Inc.(a)

     33,178         3,453,830   

Axiall Corp.(a)

     28,584         1,023,593   

Cabot Corp.(a)

     30,661         1,556,659   

Celanese Corp. Series A(a)

     61,980         3,627,070   

Cytec Industries, Inc.

     11,648         550,834   

H.B. Fuller Co.(a)

     11,893         472,152   

Huntsman Corp.(a)

     150,913         3,922,229   

International Flavors & Fragrances, Inc.

     44,456         4,262,441   

NewMarket Corp.(a)

     5,283         2,012,929   

PolyOne Corp.(a)

     19,910         708,398   

Rockwood Holdings, Inc.

     56,005         4,281,582   

RPM International, Inc.

     94,403         4,321,769   

Scotts Miracle-Gro Co. (The) Class A(a)

     52,590         2,892,450   

Sensient Technologies Corp.(a)

     28,158         1,474,071   

Valhi, Inc.(a)

     132,425         864,735   

Valspar Corp. (The)

     33,840         2,673,022   

Westlake Chemical Corp.

     30,711         2,659,265   
     

 

 

 
Total Chemicals         47,191,479   
Commercial Services & Supplies – 2.1%      

ADT Corp. (The)(a)

     78,539         2,784,993   

Cintas Corp.(a)

     49,103         3,466,181   

KAR Auction Services, Inc.

     146,194         4,185,534   

Pitney Bowes, Inc.(a)

     204,246         5,104,108   

R.R. Donnelley & Sons Co.(a)

     306,325         5,042,109   

Rollins, Inc.(a)

     53,035         1,552,865   

Waste Connections, Inc.

     39,591         1,920,955   
     

 

 

 
Total Commercial Services & Supplies         24,056,745   
Communications Equipment – 0.5%      

Harris Corp.

     79,642         5,288,229   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      43   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree MidCap Dividend Fund (DON)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Construction & Engineering – 0.3%      

EMCOR Group, Inc.

     11,760       $ 469,929   

KBR, Inc.(a)

     46,602         877,516   

URS Corp.(a)

     36,405         2,097,292   
     

 

 

 
Total Construction & Engineering         3,444,737   
Construction Materials – 0.3%      

Eagle Materials, Inc.(a)

     7,779         792,136   

Martin Marietta Materials, Inc.(a)

     22,801         2,939,961   

Vulcan Materials Co.(a)

     2,861         172,318   
     

 

 

 
Total Construction Materials         3,904,415   
Containers & Packaging – 2.8%      

AptarGroup, Inc.(a)

     30,308         1,839,696   

Avery Dennison Corp.(a)

     67,612         3,018,876   

Ball Corp.(a)

     43,759         2,768,632   

Bemis Co., Inc.(a)

     79,344         3,016,659   

MeadWestvaco Corp.

     145,236         5,945,962   

Packaging Corp. of America

     74,299         4,741,762   

Rock-Tenn Co. Class A

     58,200         2,769,156   

Sealed Air Corp.(a)

     94,317         3,289,777   

Silgan Holdings, Inc.(a)

     22,517         1,058,299   

Sonoco Products Co.

     91,695         3,602,696   
     

 

 

 
Total Containers & Packaging         32,051,515   
Distributors – 0.1%      

Pool Corp.

     18,464         995,579   
Diversified Consumer Services – 1.1%      

Graham Holdings Co. Class B

     2,855         1,997,329   

H&R Block, Inc.

     231,464         7,177,699   

Service Corp. International(a)

     101,483         2,145,351   

Sotheby’s(a)

     15,722         561,590   
     

 

 

 
Total Diversified Consumer Services         11,881,969   
Diversified Financial Services – 0.3%      

CBOE Holdings, Inc.(a)

     21,906         1,172,519   

FNFV Group*

     37,210         512,010   

MarketAxess Holdings, Inc.(a)

     5,363         331,755   

NASDAQ OMX Group, Inc. (The)(a)

     39,909         1,692,940   

Voya Financial, Inc.

     5,104         199,566   
     

 

 

 
Total Diversified Financial Services         3,908,790   
Diversified Telecommunication Services – 3.6%      

Frontier Communications Corp.(a)

     2,538,244         16,523,969   

Windstream Holdings, Inc.

     2,174,436         23,440,420   
     

 

 

 
Total Diversified Telecommunication Services         39,964,389   
Electric Utilities – 4.1%      

Cleco Corp.(a)

     55,766         2,685,133   

Great Plains Energy, Inc.(a)

     173,189         4,185,978   

Hawaiian Electric Industries, Inc.(a)

     143,044         3,797,818   

IDACORP, Inc.(a)

     47,822         2,563,738   

ITC Holdings Corp.

     83,154         2,962,777   

OGE Energy Corp.

     145,526         5,400,470   

Pepco Holdings, Inc.

     426,895         11,423,710   

Pinnacle West Capital Corp.(a)

     138,730         7,580,207   
Investments    Shares      Value  
     

Westar Energy, Inc.(a)

     162,789       $ 5,554,361   
     

 

 

 
Total Electric Utilities         46,154,192   
Electrical Equipment – 0.6%      

Acuity Brands, Inc.(a)

     6,154         724,387   

Babcock & Wilcox Co. (The)

     39,419         1,091,512   

EnerSys(a)

     10,057         589,742   

Hubbell, Inc. Class B

     29,235         3,523,695   

Regal-Beloit Corp.(a)

     15,036         966,063   
     

 

 

 
Total Electrical Equipment         6,895,399   
Electronic Equipment, Instruments & Components – 1.0%      

Avnet, Inc.

     58,701         2,436,091   

Belden, Inc.(a)

     3,502         224,198   

CDW Corp.

     38,421         1,192,972   

Cognex Corp.*(a)

     15,603         628,333   

FEI Co.(a)

     6,560         494,755   

FLIR Systems, Inc.(a)

     52,552         1,646,980   

Jabil Circuit, Inc.

     123,767         2,496,380   

National Instruments Corp.(a)

     67,921         2,100,797   
     

 

 

 
Total Electronic Equipment, Instruments & Components               11,220,506   
Energy Equipment & Services – 2.3%      

Bristow Group, Inc.(a)

     14,683         986,698   

CARBO Ceramics, Inc.(a)

     7,017         415,617   

Diamond Offshore Drilling, Inc.(a)

     259,794         8,903,140   

Helmerich & Payne, Inc.(a)

     77,868         7,620,941   

Oceaneering International, Inc.

     36,327         2,367,430   

Patterson-UTI Energy, Inc.

     33,561         1,091,739   

RPC, Inc.(a)

     147,977         3,249,575   

Tidewater, Inc.(a)

     26,320         1,027,270   
     

 

 

 
Total Energy Equipment & Services         25,662,410   
Food & Staples Retailing – 0.6%      

Casey’s General Stores, Inc.(a)

     11,299         810,138   

PriceSmart, Inc.(a)

     4,606         394,458   

Safeway, Inc.(a)

     175,432         6,017,318   
     

 

 

 
Total Food & Staples Retailing         7,221,914   
Food Products – 1.4%      

Flowers Foods, Inc.(a)

     127,688         2,344,352   

Ingredion, Inc.(a)

     52,065         3,946,006   

McCormick & Co., Inc. Non-Voting Shares(a)

     71,513         4,784,220   

Pinnacle Foods, Inc.(a)

     94,630         3,089,669   

Seaboard Corp.*

     32         85,600   

Tyson Foods, Inc. Class A(a)

     50,163         1,974,917   
     

 

 

 
Total Food Products         16,224,764   
Gas Utilities – 2.4%      

AGL Resources, Inc.(a)

     143,354         7,359,794   

Atmos Energy Corp.(a)

     89,577         4,272,823   

National Fuel Gas Co.(a)

     53,298         3,730,327   

Piedmont Natural Gas Co., Inc.

     85,578         2,869,430   

Questar Corp.(a)

     166,147         3,703,417   

UGI Corp.(a)

     143,977         4,908,176   
     

 

 

 
Total Gas Utilities         26,843,967   

 

See Notes to Financial Statements.

 

44   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree MidCap Dividend Fund (DON)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Health Care Equipment & Supplies – 0.9%      

Cooper Cos., Inc. (The)

     784       $ 122,108   

DENTSPLY International, Inc.(a)

     22,345         1,018,932   

ResMed, Inc.(a)

     92,383         4,551,710   

STERIS Corp.(a)

     31,753         1,713,392   

Teleflex, Inc.(a)

     17,711         1,860,363   

West Pharmaceutical Services, Inc.(a)

     16,898         756,355   
     

 

 

 
Total Health Care Equipment & Supplies         10,022,860   
Health Care Providers & Services – 1.1%      

HealthSouth Corp.(a)

     54,109         1,996,622   

Omnicare, Inc.(a)

     29,066         1,809,649   

Patterson Cos., Inc.(a)

     49,765         2,061,764   

Quest Diagnostics, Inc.(a)

     97,529         5,918,060   

Universal Health Services, Inc. Class B

     6,699         700,045   
     

 

 

 
Total Health Care Providers & Services         12,486,140   
Hotels, Restaurants & Leisure – 3.6%      

Brinker International, Inc.(a)

     41,729         2,119,416   

Burger King Worldwide, Inc.(a)

     136,110         4,037,023   

Cheesecake Factory, Inc. (The)(a)

     17,714         805,987   

Choice Hotels International, Inc.(a)

     26,672         1,386,944   

Cracker Barrel Old Country Store, Inc.(a)

     19,518         2,014,062   

Darden Restaurants, Inc.(a)

     161,827         8,327,617   

Domino’s Pizza, Inc.

     19,197         1,477,401   

Dunkin’ Brands Group, Inc.(a)

     51,364         2,302,135   

International Game Technology

     178,837         3,016,980   

SeaWorld Entertainment, Inc.

     74,300         1,428,789   

Six Flags Entertainment Corp.(a)

     150,114         5,162,420   

Vail Resorts, Inc.

     11,588         1,005,375   

Wendy’s Co. (The)(a)

     277,061         2,288,524   

Wyndham Worldwide Corp.

     62,112         5,047,221   
     

 

 

 
Total Hotels, Restaurants & Leisure         40,419,894   
Household Durables – 1.9%      

D.R. Horton, Inc.(a)

     71,110         1,459,177   

Harman International Industries, Inc.

     28,509         2,795,022   

Leggett & Platt, Inc.(a)

     167,136         5,836,389   

Lennar Corp. Class A(a)

     21,158         821,565   

Newell Rubbermaid, Inc.(a)

     160,719         5,530,341   

PulteGroup, Inc.(a)

     125,175         2,210,591   

Tupperware Brands Corp.(a)

     40,524         2,797,777   
     

 

 

 
Total Household Durables         21,450,862   
Household Products – 1.0%      

Church & Dwight Co., Inc.

     70,144         4,921,303   

Energizer Holdings, Inc.

     34,317         4,228,197   

Spectrum Brands Holdings, Inc.

     22,405         2,028,325   
     

 

 

 
Total Household Products         11,177,825   
Independent Power and Renewable Electricity Producers – 0.4%   

NRG Energy, Inc.(a)

     164,301         5,007,894   
Industrial Conglomerates – 0.2%      

Carlisle Cos., Inc.(a)

     21,546         1,731,867   
Investments    Shares      Value  
     
Insurance – 3.5%      

American Financial Group, Inc.(a)

     25,709       $ 1,488,294   

American National Insurance Co.(a)

     13,174         1,480,758   

AmTrust Financial Services, Inc.(a)

     27,044         1,076,892   

Arthur J. Gallagher & Co.

     73,645         3,340,537   

Assurant, Inc.

     20,425         1,313,328   

Brown & Brown, Inc.

     35,878         1,153,478   

Cincinnati Financial Corp.(a)

     97,978         4,609,865   

CNO Financial Group, Inc.

     27,669         469,266   

Erie Indemnity Co. Class A(a)

     27,957         2,119,420   

First American Financial Corp.(a)

     34,117         925,253   

FNF Group(a)

     113,254         3,141,666   

Hanover Insurance Group, Inc. (The)(a)

     18,431         1,132,032   

HCC Insurance Holdings, Inc.

     35,669         1,722,456   

Mercury General Corp.

     50,626         2,471,055   

Old Republic International Corp.(a)

     209,194         2,987,290   

ProAssurance Corp.

     23,456         1,033,706   

Protective Life Corp.

     23,194         1,609,896   

Reinsurance Group of America, Inc.

     20,465         1,639,860   

StanCorp Financial Group, Inc.(a)

     13,466         850,782   

Torchmark Corp.(a)

     22,294         1,167,537   

Unum Group(a)

     80,403         2,764,255   

W.R. Berkley Corp.(a)

     23,380         1,117,564   
     

 

 

 
Total Insurance         39,615,190   
Internet & Catalog Retail – 0.4%      

Expedia, Inc.(a)

     31,153         2,729,626   

HSN, Inc.(a)

     25,893         1,589,053   
     

 

 

 
Total Internet & Catalog Retail         4,318,679   
Internet Software & Services – 0.2%      

IAC/InterActiveCorp

     36,860         2,429,074   
IT Services – 2.1%      

Broadridge Financial Solutions, Inc.

     76,246         3,174,121   

Computer Sciences Corp.

     65,823         4,025,076   

DST Systems, Inc.

     16,807         1,410,443   

Global Payments, Inc.(a)

     2,786         194,686   

Jack Henry & Associates, Inc.

     34,774         1,935,521   

Leidos Holdings, Inc.(a)

     73,390         2,519,479   

MAXIMUS, Inc.

     8,304         333,240   

Total System Services, Inc.(a)

     69,827         2,161,844   

Western Union Co. (The)(a)

     484,062         7,764,354   
     

 

 

 
Total IT Services         23,518,764   
Leisure Products – 1.0%      

Brunswick Corp.(a)

     23,189         977,184   

Hasbro, Inc.(a)

     118,499         6,516,853   

Polaris Industries, Inc.(a)

     24,764         3,709,400   
     

 

 

 
Total Leisure Products         11,203,437   
Life Sciences Tools & Services – 0.2%      

PerkinElmer, Inc.

     23,755         1,035,718   

Techne Corp.(a)

     14,905         1,394,363   
     

 

 

 
Total Life Sciences Tools & Services         2,430,081   
Machinery – 3.7%      

Actuant Corp. Class A(a)

     2,874         87,715   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      45   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree MidCap Dividend Fund (DON)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

AGCO Corp.(a)

     20,037       $ 910,882   

Allison Transmission Holdings, Inc.

     95,960         2,733,900   

CLARCOR, Inc.(a)

     16,479         1,039,495   

Crane Co.

     31,205         1,972,468   

Donaldson Co., Inc.(a)

     52,930         2,150,546   

Graco, Inc.

     23,985         1,750,425   

IDEX Corp.

     30,888         2,235,365   

ITT Corp.(a)

     24,992         1,123,141   

Joy Global, Inc.(a)

     41,044         2,238,540   

Kennametal, Inc.(a)

     33,450         1,381,820   

Lincoln Electric Holdings, Inc.(a)

     30,997         2,142,978   

Manitowoc Co., Inc. (The)(a)

     14,038         329,191   

Nordson Corp.(a)

     19,085         1,451,796   

Oshkosh Corp.(a)

     30,988         1,368,120   

Pall Corp.(a)

     43,474         3,638,774   

Snap-on, Inc.

     28,513         3,452,354   

SPX Corp.

     13,983         1,313,423   

Timken Co. (The)

     50,988         2,161,381   

Toro Co. (The)

     15,179         899,052   

Trinity Industries, Inc.(a)

     51,528         2,407,388   

Valmont Industries, Inc.(a)

     5,695         768,426   

Wabtec Corp.

     6,078         492,561   

Woodward, Inc.(a)

     14,391         685,299   

Xylem, Inc.

     73,806         2,619,375   
     

 

 

 
Total Machinery         41,354,415   
Media – 2.4%      

Cablevision Systems Corp. Class A(a)

     232,170         4,065,297   

Cinemark Holdings, Inc.

     104,659         3,562,592   

Gannett Co., Inc.(a)

     200,286         5,942,486   

Interpublic Group of Cos., Inc. (The)

     229,953         4,212,739   

John Wiley & Sons, Inc. Class A

     28,044         1,573,549   

Morningstar, Inc.(a)

     8,579         582,514   

Regal Entertainment Group Class A(a)

     172,348         3,426,278   

Scripps Networks Interactive, Inc. Class A(a)

     24,257         1,894,229   

Viacom, Inc. Class A(a)

     22,032         1,696,684   
     

 

 

 
Total Media         26,956,368   
Metals & Mining – 2.0%      

Alcoa, Inc.(a)

     390,130         6,277,192   

Allegheny Technologies, Inc.(a)

     70,380         2,611,098   

Carpenter Technology Corp.(a)

     18,987         857,263   

Cliffs Natural Resources, Inc.(a)

     113,945         1,182,749   

Reliance Steel & Aluminum Co.

     41,397         2,831,555   

Royal Gold, Inc.(a)

     34,293         2,226,987   

Steel Dynamics, Inc.(a)

     158,636         3,586,760   

United States Steel Corp.(a)

     32,088         1,256,887   

Worthington Industries, Inc.

     30,091         1,119,987   
     

 

 

 
Total Metals & Mining         21,950,478   
Multi-Utilities – 6.1%      

Alliant Energy Corp.(a)

     120,398         6,671,253   

Ameren Corp.

     322,749         12,370,969   

CMS Energy Corp.

     303,028         8,987,811   

Integrys Energy Group, Inc.(a)

     118,780         7,699,320   

MDU Resources Group, Inc.

     134,837         3,749,817   
Investments    Shares      Value  
     

SCANA Corp.(a)

     179,177       $ 8,888,971   

TECO Energy, Inc.(a)

     335,048         5,823,134   

Vectren Corp.(a)

     99,991         3,989,641   

Wisconsin Energy Corp.(a)

     249,420         10,725,060   
     

 

 

 
Total Multi-Utilities         68,905,976   
Multiline Retail – 0.4%      

Dillard’s, Inc. Class A(a)

     3,112         339,146   

Family Dollar Stores, Inc.(a)

     55,921         4,319,338   
     

 

 

 
Total Multiline Retail         4,658,484   
Oil, Gas & Consumable Fuels – 3.3%      

Cimarex Energy Co.

     14,596         1,846,832   

CONSOL Energy, Inc.(a)

     90,654         3,432,160   

CVR Energy, Inc.(a)

     191,280         8,555,954   

Energen Corp.

     18,726         1,352,766   

HollyFrontier Corp.(a)

     148,198         6,473,289   

Peabody Energy Corp.(a)

     147,099         1,821,086   

QEP Resources, Inc.(a)

     13,902         427,904   

SemGroup Corp. Class A

     17,941         1,493,947   

SM Energy Co.(a)

     2,475         193,050   

Targa Resources Corp.

     34,755         4,732,588   

Tesoro Corp.(a)

     68,952         4,204,693   

Western Refining, Inc.

     52,717         2,213,587   

World Fuel Services Corp.(a)

     7,439         296,965   
     

 

 

 
Total Oil, Gas & Consumable Fuels         37,044,821   
Personal Products – 0.3%      

Avon Products, Inc.(a)

     181,479         2,286,636   

Nu Skin Enterprises, Inc. Class A(a)

     15,638         704,179   
     

 

 

 
Total Personal Products         2,990,815   
Professional Services – 1.0%      

Dun & Bradstreet Corp. (The)(a)

     15,727         1,847,451   

Equifax, Inc.

     47,300         3,535,202   

Manpowergroup, Inc.

     25,634         1,796,943   

Robert Half International, Inc.

     65,659         3,217,291   

Towers Watson & Co. Class A

     7,373         733,614   
     

 

 

 
Total Professional Services         11,130,501   
Real Estate Investment Trusts (REITs) –16.5%      

Alexandria Real Estate Equities, Inc.

     55,363         4,083,021   

American Campus Communities, Inc.

     84,073         3,064,461   

American Homes 4 Rent Class A(a)

     41,927         708,147   

Apartment Investment & Management Co. Class A

     98,706         3,140,825   

BioMed Realty Trust, Inc.(a)

     177,787         3,591,297   

Camden Property Trust

     67,589         4,631,874   

CBL & Associates Properties, Inc.(a)

     158,562         2,838,260   

Corrections Corp. of America(a)

     123,529         4,244,456   

DDR Corp.(a)

     233,312         3,903,310   

Digital Realty Trust, Inc.(a)

     158,101         9,862,340   

Douglas Emmett, Inc.(a)

     87,992         2,258,755   

Duke Realty Corp.

     273,361         4,696,342   

EPR Properties(a)

     58,173         2,948,208   

Equity Commonwealth

     93,249         2,397,432   

 

See Notes to Financial Statements.

 

46   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree MidCap Dividend Fund (DON)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Equity Lifestyle Properties, Inc.

     41,914       $ 1,775,477   

Equity One, Inc.

     86,347         1,867,686   

Essex Property Trust, Inc.(a)

     34,714         6,205,127   

Extra Space Storage, Inc.(a)

     82,189         4,238,487   

Federal Realty Investment Trust(a)

     36,183         4,286,238   

Highwoods Properties, Inc.(a)

     77,214         3,003,625   

Home Properties, Inc.(a)

     54,317         3,163,422   

Hospitality Properties Trust

     190,889         5,125,370   

Iron Mountain, Inc.(a)

     210,562         6,874,849   

Kilroy Realty Corp.(a)

     41,326         2,456,417   

Kimco Realty Corp.

     329,337         7,215,774   

LaSalle Hotel Properties(a)

     67,249         2,302,606   

Lexington Realty Trust(a)

     265,500         2,599,245   

Liberty Property Trust

     148,355         4,934,287   

Macerich Co. (The)

     107,044         6,832,618   

Mid-America Apartment Communities, Inc.(a)

     62,557         4,106,867   

National Retail Properties, Inc.(a)

     114,923         3,972,888   

Omega Healthcare Investors, Inc.(a)

     140,793         4,813,713   

Piedmont Office Realty Trust, Inc. Class A(a)

     143,501         2,531,358   

Plum Creek Timber Co., Inc.(a)

     123,039         4,799,751   

Rayonier, Inc.(a)

     106,810         3,326,063   

Realty Income Corp.(a)

     206,911         8,439,900   

Regency Centers Corp.(a)

     66,951         3,603,972   

Retail Properties of America, Inc. Class A

     220,589         3,227,217   

RLJ Lodging Trust

     74,943         2,133,627   

Senior Housing Properties Trust(a)

     236,126         4,939,756   

SL Green Realty Corp.(a)

     37,632         3,812,874   

Spirit Realty Capital, Inc.(a)

     367,960         4,036,521   

Tanger Factory Outlet Centers, Inc.

     48,044         1,572,000   

Taubman Centers, Inc.(a)

     35,506         2,591,938   

UDR, Inc.(a)

     182,543         4,974,297   

W.P. Carey, Inc.(a)

     68,541         4,370,860   

Weingarten Realty Investors(a)

     96,748         3,047,562   
     

 

 

 
Total Real Estate Investment Trusts (REITs)         185,551,120   
Real Estate Management & Development – 0.0%      

Jones Lang LaSalle, Inc.

     3,481         439,790   
Road & Rail – 0.7%      

JB Hunt Transport Services, Inc.(a)

     27,621         2,045,335   

Landstar System, Inc.(a)

     48,777         3,521,212   

Ryder System, Inc.(a)

     30,102         2,708,277   
     

 

 

 
Total Road & Rail         8,274,824   
Semiconductors & Semiconductor Equipment – 2.9%      

Linear Technology Corp.(a)

     161,256         7,158,154   

Maxim Integrated Products, Inc.(a)

     308,214         9,320,391   

Microchip Technology, Inc.(a)

     197,376         9,322,069   

NVIDIA Corp.(a)

     384,265         7,089,689   
     

 

 

 
Total Semiconductors & Semiconductor Equipment         32,890,303   
Software – 0.3%      

FactSet Research Systems, Inc.(a)

     16,288         1,979,481   

Mentor Graphics Corp.(a)

     25,344         519,425   

Solera Holdings, Inc.

     19,987         1,126,467   
     

 

 

 
Total Software         3,625,373   
Investments    Shares      Value  
     
Specialty Retail – 2.6%      

Abercrombie & Fitch Co. Class A(a)

     57,311       $ 2,082,682   

Advance Auto Parts, Inc.

     4,811         626,873   

American Eagle Outfitters, Inc.(a)

     203,449         2,954,079   

Buckle, Inc. (The)(a)

     23,012         1,044,515   

Chico’s FAS, Inc.(a)

     55,884         825,407   

CST Brands, Inc.(a)

     15,811         568,405   

Dick’s Sporting Goods, Inc.(a)

     26,859         1,178,573   

DSW, Inc. Class A

     26,362         793,760   

Foot Locker, Inc.

     88,709         4,936,656   

GameStop Corp. Class A(a)

     77,293         3,184,471   

GNC Holdings, Inc. Class A

     29,546         1,144,612   

Guess?, Inc.(a)

     65,516         1,439,386   

Penske Automotive Group, Inc.

     39,737         1,612,925   

PetSmart, Inc.(a)

     33,298         2,333,857   

Williams-Sonoma, Inc.(a)

     59,859         3,984,814   
     

 

 

 
Total Specialty Retail         28,711,015   
Textiles, Apparel & Luxury Goods – 0.5%      

Carter’s, Inc.

     14,951         1,159,001   

Hanesbrands, Inc.

     34,445         3,700,771   

Wolverine World Wide, Inc.(a)

     21,560         540,294   
     

 

 

 
Total Textiles, Apparel & Luxury Goods         5,400,066   
Thrifts & Mortgage Finance – 1.2%      

Hudson City Bancorp, Inc.

     166,886         1,622,132   

New York Community Bancorp, Inc.(a)

     490,289         7,780,886   

People’s United Financial, Inc.(a)

     257,346         3,723,797   
     

 

 

 
Total Thrifts & Mortgage Finance         13,126,815   
Trading Companies & Distributors – 0.3%      

Air Lease Corp.

     11,401         370,533   

MSC Industrial Direct Co., Inc. Class A(a)

     23,911         2,043,434   

Watsco, Inc.

     15,457         1,332,084   
     

 

 

 
Total Trading Companies & Distributors         3,746,051   
Water Utilities – 0.9%      

American Water Works Co., Inc.

     142,150         6,855,895   

Aqua America, Inc.(a)

     134,627         3,167,773   
     

 

 

 
Total Water Utilities         10,023,668   
Wireless Telecommunication Services – 0.1%      

Telephone & Data Systems, Inc.

     63,415         1,519,423   

TOTAL COMMON STOCKS

(Cost: $957,389,972)

  

  

     1,120,253,429   
EXCHANGE-TRADED FUND – 0.2%      
United States – 0.2%      
WisdomTree LargeCap Dividend Fund(b)
(Cost: $2,085,848)
     30,151         2,145,847   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      47   


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree MidCap Dividend Fund (DON)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 28.5%   
United States – 28.5%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(c)

     
(Cost: $321,534,638)(d)      321,534,638       $ 321,534,638   

TOTAL INVESTMENTS IN SECURITIES – 128.2%

(Cost: $1,281,010,458)

  

  

     1,443,933,914   

Liabilities in Excess of Cash and
Other Assets – (28.2)%

   

     (317,543,970
     

 

 

 
NET ASSETS – 100.0%       $ 1,126,389,944   
* 

Non-income producing security.

 

(a)

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b)

Affiliated company (See Note 7).

 

(c)

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(d)

At September 30, 2014, the total market value of the Fund’s securities on loan was $333,697,472 and the total market value of the collateral held by the Fund was $341,933,427. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $20,398,789.

 

See Notes to Financial Statements.

 

48   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited)

WisdomTree MidCap Earnings Fund (EZM)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 99.8%      
United States – 99.8%      
Aerospace & Defense – 2.1%      

Alliant Techsystems, Inc.

     17,627       $ 2,249,910   

Curtiss-Wright Corp.(a)

     12,852         847,204   

Esterline Technologies Corp.*(a)

     10,518         1,170,338   

Exelis, Inc.

     95,830         1,585,028   

HEICO Corp.(a)

     9,752         455,418   

Hexcel Corp.*(a)

     25,667         1,018,980   

Huntington Ingalls Industries, Inc.

     14,020         1,461,024   

Moog, Inc. Class A*(a)

     14,248         974,563   

Spirit Aerosystems Holdings, Inc. Class A*

     5,262         200,272   

Teledyne Technologies, Inc.*(a)

     10,793         1,014,650   

Triumph Group, Inc.(a)

     19,283         1,254,359   

Vectrus, Inc.*

     5,324         103,976   
     

 

 

 
Total Aerospace & Defense               12,335,722   
Airlines – 1.9%      

Alaska Air Group, Inc.(a)

     83,188         3,622,005   

Allegiant Travel Co.(a)

     5,010         619,537   

American Airlines Group, Inc.(a)

     131,294         4,658,311   

JetBlue Airways Corp.*(a)

     86,168         915,104   

Spirit Airlines, Inc.*

     20,907         1,445,510   
     

 

 

 
Total Airlines               11,260,467   
Auto Components – 1.1%      

Dana Holding Corp.(a)

     7,049         135,129   

Dorman Products, Inc.*(a)

     8,517         341,191   

Federal-Mogul Holdings Corp.*(a)

     1,906         28,342   

Gentex Corp.(a)

     36,022         964,309   

Goodyear Tire & Rubber Co. (The)

     121,220         2,737,754   

Tenneco, Inc.*

     18,091         946,340   

Visteon Corp.*(a)

     16,747         1,628,646   
     

 

 

 
Total Auto Components               6,781,711   
Automobiles – 0.1%      

Thor Industries, Inc.

     17,221         886,882   
Banks – 7.6%      

Associated Banc-Corp.(a)

     62,204         1,083,594   

BancorpSouth, Inc.(a)

     21,519         433,393   

Bank of Hawaii Corp.(a)

     15,569         884,475   

Bank of the Ozarks, Inc.(a)

     17,670         556,958   

BankUnited, Inc.

     38,156         1,163,376   

BOK Financial Corp.(a)

     31,460         2,091,461   

Cathay General Bancorp(a)

     24,397         605,778   

City National Corp.(a)

     16,194         1,225,400   

Commerce Bancshares, Inc.(a)

     35,480         1,584,005   

Cullen/Frost Bankers, Inc.(a)

     19,168         1,466,544   

CVB Financial Corp.(a)

     33,120         475,272   

East West Bancorp, Inc.

     49,345         1,677,730   

First Citizens BancShares, Inc. Class A

     4,337         939,524   

First Financial Bankshares, Inc.(a)

     14,876         413,404   

First Horizon National Corp.(a)

     18,800         230,864   

First Niagara Financial Group, Inc.

     139,225         1,159,744   

FirstMerit Corp.(a)

     45,457         800,043   
Investments    Shares      Value  
     

FNB Corp.(a)

     59,581       $ 714,376   

Fulton Financial Corp.(a)

     71,356         790,624   

Glacier Bancorp, Inc.(a)

     18,991         491,107   

Hancock Holding Co.

     28,446         911,694   

Home BancShares, Inc.(a)

     10,882         320,040   

Iberiabank Corp.(a)

     6,060         378,811   

International Bancshares Corp.(a)

     25,165         620,695   

Investors Bancorp, Inc.(a)

     67,554         684,322   

MB Financial, Inc.(a)

     19,639         543,608   

PacWest Bancorp

     27,265         1,124,136   

Popular, Inc.*

     91,785         2,701,691   

PrivateBancorp, Inc.

     22,575         675,218   

Prosperity Bancshares, Inc.(a)

     20,079         1,147,916   

Signature Bank*

     12,362         1,385,286   

Susquehanna Bancshares, Inc.

     85,945         859,450   

SVB Financial Group*

     12,239         1,371,869   

Synovus Financial Corp.(a)

     199,527         4,716,818   

TCF Financial Corp.(a)

     46,030         714,846   

Texas Capital Bancshares, Inc.*(a)

     12,098         697,813   

Trustmark Corp.(a)

     26,847         618,421   

UMB Financial Corp.(a)

     11,929         650,727   

Umpqua Holdings Corp.

     31,690         521,934   

Valley National Bancorp(a)

     80,183         776,973   

Webster Financial Corp.

     36,122         1,052,595   

Western Alliance Bancorp*

     30,301         724,194   

Wintrust Financial Corp.

     16,384         731,873   

Zions Bancorp(a)

     83,244         2,419,071   
     

 

 

 
Total Banks               45,137,673   
Beverages – 0.1%      

Boston Beer Co., Inc. (The) Class A*(a)

     1,795         398,059   
Biotechnology – 0.7%      

Cubist Pharmaceuticals, Inc.*(a)

     817         54,200   

Myriad Genetics, Inc.*(a)

     42,642         1,644,702   

United Therapeutics Corp.*(a)

     19,872         2,556,533   
     

 

 

 
Total Biotechnology               4,255,435   
Building Products – 0.5%      

A.O. Smith Corp.

     18,048         853,309   

Armstrong World Industries, Inc.*(a)

     10,226         572,656   

Lennox International, Inc.

     12,413         954,187   

Owens Corning(a)

     8,486         269,431   

Simpson Manufacturing Co., Inc.(a)

     9,334         272,086   
     

 

 

 
Total Building Products               2,921,669   
Capital Markets – 1.8%      

Artisan Partners Asset Management, Inc. Class A

     5,252         273,367   

Cohen & Steers, Inc.(a)

     11,140         428,222   

Eaton Vance Corp.(a)

     27,383         1,033,160   

Evercore Partners, Inc. Class A(a)

     5,523         259,581   

Federated Investors, Inc. Class B(a)

     32,234         946,390   

Financial Engines, Inc.(a)

     2,267         77,565   

GAMCO Investors, Inc. Class A(a)

     7,636         540,171   

Janus Capital Group, Inc.(a)

     52,766         767,218   

Legg Mason, Inc.(a)

     30,904         1,581,049   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      49   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree MidCap Earnings Fund (EZM)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

LPL Financial Holdings, Inc.(a)

     23,780       $ 1,095,069   

SEI Investments Co.

     41,111         1,486,574   

Stifel Financial Corp.*(a)

     21,140         991,254   

Virtus Investment Partners, Inc.

     1,884         327,251   

Waddell & Reed Financial, Inc. Class A

     21,696         1,121,466   
     

 

 

 
Total Capital Markets               10,928,337   
Chemicals – 2.2%      

Albemarle Corp.(a)

     31,030         1,827,667   

Axiall Corp.(a)

     17,973         643,613   

Balchem Corp.(a)

     4,826         273,007   

Cabot Corp.

     18,988         964,021   

Cytec Industries, Inc.

     22,188         1,049,271   

H.B. Fuller Co.(a)

     12,055         478,583   

Huntsman Corp.(a)

     15,372         399,518   

Minerals Technologies, Inc.(a)

     8,784         542,061   

NewMarket Corp.(a)

     4,444         1,693,253   

Olin Corp.(a)

     34,919         881,705   

PolyOne Corp.(a)

     12,829         456,456   

Rayonier Advanced Materials, Inc.(a)

     15,096         496,809   

Rockwood Holdings, Inc.(a)

     2,683         205,115   

RPM International, Inc.

     34,441         1,576,709   

Scotts Miracle-Gro Co. (The) Class A(a)

     16,054         882,970   

Sensient Technologies Corp.

     14,141         740,281   
     

 

 

 
Total Chemicals               13,111,039   
Commercial Services & Supplies – 2.2%      

Civeo Corp.

     40,935         475,255   

Clean Harbors, Inc.*(a)

     13,923         750,728   

Copart, Inc.*

     29,601         926,955   

Covanta Holding Corp.(a)

     7,452         158,132   

Deluxe Corp.(a)

     22,370         1,233,929   

Healthcare Services Group, Inc.(a)

     12,146         347,497   

Herman Miller, Inc.

     14,897         444,676   

HNI Corp.(a)

     10,052         361,772   

KAR Auction Services, Inc.

     23,475         672,089   

Mobile Mini, Inc.(a)

     3,363         117,604   

MSA Safety, Inc.(a)

     9,127         450,874   

Pitney Bowes, Inc.(a)

     86,657         2,165,559   

Rollins, Inc.

     24,271         710,655   

Steelcase, Inc. Class A

     24,379         394,696   

Tetra Tech, Inc.(a)

     9,329         233,038   

UniFirst Corp.(a)

     6,707         647,829   

United Stationers, Inc.(a)

     16,742         628,997   

Waste Connections, Inc.

     26,043         1,263,606   

West Corp.(a)

     29,872         880,029   
     

 

 

 
Total Commercial Services & Supplies               12,863,920   
Communications Equipment – 0.5%      

Brocade Communications Systems, Inc.

     108,497         1,179,362   

EchoStar Corp. Class A*

     3,375         164,565   

Finisar Corp.*(a)

     5,219         86,792   

JDS Uniphase Corp.*(a)

     34,058         435,942   

Plantronics, Inc.

     14,710         702,844   

Ubiquiti Networks, Inc.*(a)

     16,141         605,772   
     

 

 

 
Total Communications Equipment               3,175,277   
Investments    Shares      Value  
     
Construction & Engineering – 1.0%      

AECOM Technology Corp.*(a)

     51,885       $ 1,751,119   

EMCOR Group, Inc.

     17,460         697,702   

KBR, Inc.

     47,397         892,485   

MasTec, Inc.*(a)

     29,003         888,072   

URS Corp.

     34,271         1,974,352   
     

 

 

 
Total Construction & Engineering               6,203,730   
Construction Materials – 0.3%      

Eagle Materials, Inc.(a)

     7,767         790,913   

Martin Marietta Materials, Inc.(a)

     6,836         881,434   
     

 

 

 
Total Construction Materials               1,672,347   
Consumer Finance – 0.8%      

Credit Acceptance Corp.*(a)

     11,563         1,457,747   

First Cash Financial Services, Inc.*

     8,443         472,639   

Nelnet, Inc. Class A

     41,527         1,789,399   

Portfolio Recovery Associates, Inc.*(a)

     19,967         1,042,876   
     

 

 

 
Total Consumer Finance               4,762,661   
Containers & Packaging – 1.9%      

AptarGroup, Inc.(a)

     16,334         991,474   

Avery Dennison Corp.

     28,481         1,271,677   

Bemis Co., Inc.(a)

     30,873         1,173,791   

Berry Plastics Group, Inc.*

     16,480         415,955   

Graphic Packaging Holding Co.*

     78,742         978,763   

Greif, Inc. Class A

     15,617         684,181   

Owens-Illinois, Inc.*

     54,410         1,417,381   

Packaging Corp. of America

     26,811         1,711,078   

Silgan Holdings, Inc.

     23,855         1,121,185   

Sonoco Products Co.

     31,698         1,245,414   
     

 

 

 
Total Containers & Packaging               11,010,899   
Distributors – 0.1%      

Pool Corp.

     10,133         546,371   
Diversified Consumer Services – 1.0%      

Apollo Education Group, Inc.*

     54,186         1,362,778   

DeVry Education Group, Inc.

     25,131         1,075,858   

Graham Holdings Co. Class B

     1,532         1,071,772   

Grand Canyon Education, Inc.*(a)

     11,829         482,269   

Service Corp. International

     18,436         389,737   

Sotheby’s(a)

     11,706         418,138   

Weight Watchers International, Inc.(a)

     43,682         1,198,634   
     

 

 

 
Total Diversified Consumer Services               5,999,186   
Diversified Financial Services – 0.5%      

CBOE Holdings, Inc.(a)

     19,227         1,029,125   

MarketAxess Holdings, Inc.(a)

     7,116         440,196   

MSCI, Inc.*(a)

     32,518         1,528,996   
     

 

 

 
Total Diversified Financial Services               2,998,317   
Diversified Telecommunication Services – 0.3%      

Cogent Communications Holdings, Inc.(a)

     697         23,426   

Frontier Communications Corp.(a)

     66,124         430,467   

tw telecom, Inc.*

     7,924         329,718   

Windstream Holdings, Inc.

     86,464         932,082   
     

 

 

 
Total Diversified Telecommunication Services               1,715,693   

 

See Notes to Financial Statements.

 

50   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree MidCap Earnings Fund (EZM)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Electric Utilities – 2.4%      

ALLETE, Inc.

     13,315       $ 591,053   

Cleco Corp.

     21,455         1,033,058   

Great Plains Energy, Inc.(a)

     64,344         1,555,194   

Hawaiian Electric Industries, Inc.(a)

     28,302         751,418   

IDACORP, Inc.(a)

     19,524         1,046,682   

ITC Holdings Corp.

     39,359         1,402,361   

Pepco Holdings, Inc.

     44,793         1,198,661   

Pinnacle West Capital Corp.(a)

     43,985         2,403,340   

PNM Resources, Inc.(a)

     26,914         670,428   

Portland General Electric Co.(a)

     17,931         575,944   

UIL Holdings Corp.(a)

     17,324         613,270   

Westar Energy, Inc.(a)

     61,325         2,092,409   
     

 

 

 
Total Electric Utilities               13,933,818   
Electrical Equipment – 0.9%      

Acuity Brands, Inc.(a)

     7,269         855,634   

Babcock & Wilcox Co. (The)

     39,744         1,100,512   

EnerSys(a)

     13,597         797,328   

Franklin Electric Co., Inc.(a)

     10,803         375,296   

Generac Holdings, Inc.(a)

     16,956         687,396   

Polypore International, Inc.*(a)

     6,894         268,246   

Regal-Beloit Corp.

     15,489         995,168   
     

 

 

 
Total Electrical Equipment               5,079,580   
Electronic Equipment, Instruments & Components – 3.9%      

Anixter International, Inc.

     10,204         865,707   

Arrow Electronics, Inc.*

     45,544         2,520,860   

Avnet, Inc.

     64,656         2,683,224   

AVX Corp.(a)

     46,048         611,518   

Belden, Inc.(a)

     10,521         673,554   

CDW Corp.

     26,998         838,288   

Cognex Corp.*(a)

     11,624         468,099   

Dolby Laboratories, Inc. Class A*(a)

     30,957         1,293,693   

FEI Co.(a)

     7,827         590,312   

FLIR Systems, Inc.

     48,261         1,512,500   

Ingram Micro, Inc. Class A*

     75,171         1,940,164   

IPG Photonics Corp.*(a)

     12,430         854,935   

Jabil Circuit, Inc.(a)

     146,507         2,955,046   

Littelfuse, Inc.

     5,363         456,820   

National Instruments Corp.(a)

     13,918         430,484   

SYNNEX Corp.*(a)

     14,072         909,473   

Tech Data Corp.*(a)

     26,107         1,536,658   

Vishay Intertechnology, Inc.(a)

     58,744         839,452   

Zebra Technologies Corp. Class A*(a)

     14,843         1,053,408   
     

 

 

 
Total Electronic Equipment, Instruments & Components               23,034,195   
Energy Equipment & Services – 2.5%      

Atwood Oceanics, Inc.*(a)

     41,832         1,827,640   

Bristow Group, Inc.(a)

     11,602         779,654   

CARBO Ceramics, Inc.(a)

     4,433         262,567   

Dresser-Rand Group, Inc.*

     22,483         1,849,452   

Dril-Quip, Inc.*(a)

     8,511         760,883   

Exterran Holdings, Inc.(a)

     8,756         387,978   
Investments    Shares      Value  
     

Forum Energy Technologies, Inc.*

     26,420       $ 808,716   

Hornbeck Offshore Services, Inc.*(a)

     6,286         205,741   

Oil States International, Inc.*

     20,439         1,265,174   

Patterson-UTI Energy, Inc.

     54,722         1,780,107   

RPC, Inc.

     65,859         1,446,264   

Superior Energy Services, Inc.(a)

     67,587         2,221,585   

Tidewater, Inc.(a)

     17,773         693,680   

Unit Corp.*

     8,670         508,495   
     

 

 

 
Total Energy Equipment & Services               14,797,936   
Food & Staples Retailing – 0.6%      

Casey’s General Stores, Inc.(a)

     10,677         765,541   

Fresh Market, Inc. (The)*(a)

     11,041         385,662   

PriceSmart, Inc.(a)

     4,263         365,083   

Rite Aid Corp.*(a)

     293,046         1,418,343   

United Natural Foods, Inc.*(a)

     9,365         575,573   
     

 

 

 
Total Food & Staples Retailing               3,510,202   
Food Products – 2.5%      

B&G Foods, Inc.(a)

     7,804         215,000   

Darling Ingredients, Inc.*

     35,290         646,513   

Flowers Foods, Inc.(a)

     48,582         891,966   

Hain Celestial Group, Inc. (The)*(a)

     9,407         962,806   

Ingredion, Inc.

     36,760         2,786,040   

Lancaster Colony Corp.(a)

     7,327         624,847   

Pilgrim’s Pride Corp.*(a)

     159,829         4,884,374   

Pinnacle Foods, Inc.

     17,549         572,975   

Seaboard Corp.*

     304         813,197   

Snyder’s-Lance, Inc.(a)

     13,808         365,912   

Tootsie Roll Industries, Inc.(a)

     11,380         318,526   

TreeHouse Foods, Inc.*(a)

     7,869         633,454   

WhiteWave Foods Co. (The)*

     29,202         1,060,909   
     

 

 

 
Total Food Products               14,776,519   
Gas Utilities – 2.1%      

AGL Resources, Inc.(a)

     43,788         2,248,076   

Atmos Energy Corp.(a)

     37,132         1,771,196   

National Fuel Gas Co.(a)

     23,256         1,627,687   

New Jersey Resources Corp.(a)

     15,518         783,814   

Piedmont Natural Gas Co., Inc.(a)

     24,773         830,639   

Questar Corp.(a)

     46,810         1,043,395   

South Jersey Industries, Inc.(a)

     7,717         411,779   

Southwest Gas Corp.

     17,688         859,283   

UGI Corp.

     63,663         2,170,272   

WGL Holdings, Inc.(a)

     12,956         545,707   
     

 

 

 
Total Gas Utilities               12,291,848   
Health Care Equipment & Supplies – 1.2%      

Align Technology, Inc.*(a)

     7,050         364,344   

Cyberonics, Inc.*(a)

     4,994         255,493   

Globus Medical, Inc. Class A*

     25,191         495,507   

Haemonetics Corp.*

     4,611         161,016   

Hill-Rom Holdings, Inc.

     15,886         658,157   

IDEXX Laboratories, Inc.*(a)

     11,145         1,313,215   

Neogen Corp.*(a)

     3,335         131,733   

Sirona Dental Systems, Inc.*(a)

     12,768         979,050   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      51   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree MidCap Earnings Fund (EZM)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

STERIS Corp.(a)

     17,513       $ 945,002   

Teleflex, Inc.(a)

     8,909         935,801   

Thoratec Corp.*(a)

     7,829         209,269   

West Pharmaceutical Services, Inc.(a)

     14,016         627,356   
     

 

 

 
Total Health Care Equipment & Supplies               7,075,943   
Health Care Providers & Services – 2.8%      

Acadia Healthcare Co., Inc.*(a)

     4,802         232,897   

Air Methods Corp.*(a)

     7,790         432,734   

Centene Corp.*

     12,845         1,062,410   

Community Health Systems, Inc.*(a)

     39,481         2,163,164   

Health Net, Inc.*

     31,241         1,440,523   

HealthSouth Corp.(a)

     50,278         1,855,258   

LifePoint Hospitals, Inc.*

     14,802         1,024,150   

MEDNAX, Inc.*(a)

     30,957         1,697,063   

MWI Veterinary Supply, Inc.*(a)

     2,174         322,622   

Omnicare, Inc.(a)

     25,366         1,579,287   

Owens & Minor, Inc.(a)

     18,616         609,488   

Patterson Cos., Inc.(a)

     30,940         1,281,844   

Team Health Holdings, Inc.*(a)

     11,102         643,805   

VCA, Inc.*(a)

     24,376         958,708   

WellCare Health Plans, Inc.*(a)

     19,332         1,166,493   
     

 

 

 
Total Health Care Providers & Services               16,470,446   
Health Care Technology – 0.1%      

HMS Holdings Corp.*(a)

     14,541         274,098   

Medidata Solutions, Inc.*(a)

     2,151         95,268   
     

 

 

 
Total Health Care Technology               369,366   
Hotels, Restaurants & Leisure – 2.5%      

Bally Technologies, Inc.*(a)

     11,952         964,526   

Bloomin’ Brands, Inc.*(a)

     43,027         789,115   

Brinker International, Inc.(a)

     21,189         1,076,189   

Buffalo Wild Wings, Inc.*(a)

     2,834         380,521   

Cheesecake Factory, Inc. (The)(a)

     12,924         588,042   

Choice Hotels International, Inc.(a)

     13,579         706,108   

Cracker Barrel Old Country Store, Inc.(a)

     6,694         690,754   

Domino’s Pizza, Inc.

     11,775         906,204   

Dunkin’ Brands Group, Inc.(a)

     18,063         809,584   

International Game Technology

     94,777         1,598,888   

Jack in the Box, Inc.

     12,222         833,418   

Life Time Fitness, Inc.*(a)

     16,270         820,659   

Marriott Vacations Worldwide Corp.*(a)

     7,823         496,056   

Panera Bread Co. Class A*(a)

     6,859         1,116,096   

Papa John’s International, Inc.(a)

     9,541         381,545   

SeaWorld Entertainment, Inc.

     10,763         206,973   

Six Flags Entertainment Corp.(a)

     43,254         1,487,505   

Texas Roadhouse, Inc.(a)

     17,466         486,253   

Vail Resorts, Inc.

     3,059         265,399   

Wendy’s Co. (The)(a)

     22,602         186,693   
     

 

 

 
Total Hotels, Restaurants & Leisure               14,790,528   
Household Durables – 2.4%      

Harman International Industries, Inc.

     9,108         892,948   

Leggett & Platt, Inc.(a)

     50,773         1,772,993   

NVR, Inc.*

     1,409         1,592,198   
Investments    Shares      Value  
     

Ryland Group, Inc. (The)(a)

     50,340       $ 1,673,302   

Standard Pacific Corp.*(a)

     272,731         2,042,755   

Taylor Morrison Home Corp. Class A*(a)

     107,973         1,751,322   

Tempur Sealy International, Inc.*

     8,794         493,959   

Toll Brothers, Inc.*

     84,530         2,633,955   

Tupperware Brands Corp.(a)

     17,041         1,176,511   
     

 

 

 
Total Household Durables               14,029,943   
Industrial Conglomerates – 0.3%      

Carlisle Cos., Inc.

     20,204         1,623,998   
Insurance – 6.3%      

American Financial Group, Inc.

     23,658         1,369,562   

American National Insurance Co.

     7,969         895,716   

AmTrust Financial Services, Inc.(a)

     55,476         2,209,054   

Arthur J. Gallagher & Co.

     32,171         1,459,276   

Assurant, Inc.

     34,601         2,224,844   

Brown & Brown, Inc.

     42,091         1,353,226   

CNO Financial Group, Inc.

     159,899         2,711,887   

First American Financial Corp.(a)

     50,233         1,362,319   

Hanover Insurance Group, Inc. (The)(a)

     10,200         626,484   

HCC Insurance Holdings, Inc.

     47,825         2,309,469   

Hilltop Holdings, Inc.*

     25,291         507,084   

Kemper Corp.(a)

     17,526         598,513   

MBIA, Inc.*(a)

     418,866         3,845,190   

Mercury General Corp.

     11,377         555,311   

Old Republic International Corp.

     88,310         1,261,067   

Primerica, Inc.

     23,189         1,118,174   

ProAssurance Corp.

     32,650         1,438,885   

Protective Life Corp.

     41,803         2,901,546   

Reinsurance Group of America, Inc.

     31,136         2,494,928   

RLI Corp.(a)

     12,699         549,740   

StanCorp Financial Group, Inc.

     19,795         1,250,648   

Symetra Financial Corp.

     59,902         1,397,514   

W.R. Berkley Corp.(a)

     56,967         2,723,023   
     

 

 

 
Total Insurance               37,163,460   
Internet & Catalog Retail – 1.5%      

HomeAway, Inc.*(a)

     3,390         120,345   

HSN, Inc.(a)

     17,165         1,053,416   

Liberty TripAdvisor Holdings, Inc. Class A*

     107,984         3,660,657   

Liberty Ventures Series A*

     107,984         4,099,073   

Shutterfly, Inc.*(a)

     2,127         103,670   
     

 

 

 
Total Internet & Catalog Retail               9,037,161   
Internet Software & Services – 0.7%      

AOL, Inc.*(a)

     12,651         568,662   

CoStar Group, Inc.*(a)

     660         102,656   

Dealertrack Technologies, Inc.*(a)

     1,220         52,960   

IAC/InterActiveCorp

     27,035         1,781,607   

j2 Global, Inc.(a)

     13,638         673,172   

Rackspace Hosting, Inc.*(a)

     16,015         521,288   

Shutterstock, Inc.*(a)

     3,741         267,033   
     

 

 

 
Total Internet Software & Services               3,967,378   

 

See Notes to Financial Statements.

 

52   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree MidCap Earnings Fund (EZM)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
IT Services – 3.2%      

Acxiom Corp.*

     8,412       $ 139,219   

Booz Allen Hamilton Holding Corp.

     86,109         2,014,951   

Broadridge Financial Solutions, Inc.

     37,640         1,566,953   

Cardtronics, Inc.*(a)

     3,601         126,755   

Convergys Corp.(a)

     33,877         603,688   

CoreLogic, Inc.*

     24,385         660,102   

DST Systems, Inc.

     14,596         1,224,896   

Euronet Worldwide, Inc.*

     8,462         404,399   

EVERTEC, Inc.

     7,464         166,746   

Gartner, Inc.*(a)

     16,076         1,181,104   

Global Payments, Inc.(a)

     22,827         1,595,151   

iGATE Corp.*(a)

     12,373         454,336   

Jack Henry & Associates, Inc.

     19,067         1,061,269   

Leidos Holdings, Inc.

     57,226         1,964,569   

MAXIMUS, Inc.

     16,277         653,196   

NeuStar, Inc. Class A*(a)

     20,735         514,850   

Sapient Corp.*(a)

     27,239         381,346   

Syntel, Inc.*(a)

     13,866         1,219,376   

Total System Services, Inc.(a)

     44,980         1,392,581   

Vantiv, Inc. Class A*(a)

     24,240         749,016   

WEX, Inc.*

     8,948         987,143   
     

 

 

 
Total IT Services               19,061,646   
Leisure Products – 0.2%      

Brunswick Corp.(a)

     23,709         999,097   
Life Sciences Tools & Services – 1.1%      

Bio-Rad Laboratories, Inc. Class A*(a)

     4,619         523,795   

Bruker Corp.*(a)

     17,900         331,418   

Charles River Laboratories International, Inc.*

     12,624         754,158   

Covance, Inc.*

     11,268         886,792   

PAREXEL International Corp.*(a)

     15,519         979,094   

PerkinElmer, Inc.

     15,869         691,888   

Quintiles Transnational Holdings, Inc.*(a)

     24,977         1,393,217   

Techne Corp.

     7,575         708,641   
     

 

 

 
Total Life Sciences Tools & Services               6,269,003   
Machinery – 6.6%      

Actuant Corp. Class A(a)

     23,162         706,904   

AGCO Corp.(a)

     62,591         2,845,387   

Allison Transmission Holdings, Inc.

     29,628         844,102   

Barnes Group, Inc.(a)

     12,275         372,546   

Chart Industries, Inc.*(a)

     5,535         338,355   

CLARCOR, Inc.(a)

     12,664         798,845   

Colfax Corp.*(a)

     13,441         765,734   

Crane Co.

     19,619         1,240,117   

Graco, Inc.

     16,927         1,235,332   

Hillenbrand, Inc.

     13,639         421,309   

IDEX Corp.

     16,437         1,189,546   

ITT Corp.

     72,007         3,235,995   

Joy Global, Inc.

     83,804         4,570,670   

Kennametal, Inc.(a)

     23,909         987,681   

Lincoln Electric Holdings, Inc.

     23,320         1,612,228   

Manitowoc Co., Inc. (The)(a)

     43,693         1,024,601   

Middleby Corp. (The)*

     11,316         997,279   
Investments    Shares      Value  
     

Mueller Industries, Inc.(a)

     15,837       $ 451,988   

Nordson Corp.(a)

     19,702         1,498,731   

Oshkosh Corp.(a)

     39,496         1,743,748   

Proto Labs, Inc.*(a)

     3,207         221,283   

SPX Corp.

     6,721         631,304   

Terex Corp.(a)

     17,022         540,789   

Timken Co. (The)

     35,093         1,487,592   

Toro Co. (The)

     14,645         867,423   

Trinity Industries, Inc.(a)

     69,724         3,257,505   

Valmont Industries, Inc.(a)

     12,199         1,646,011   

WABCO Holdings, Inc.*

     19,755         1,796,717   

Watts Water Technologies, Inc. Class A(a)

     7,755         451,729   

Woodward, Inc.(a)

     19,950         950,019   
     

 

 

 
Total Machinery               38,731,470   
Marine – 0.3%      

Kirby Corp.*

     14,675         1,729,449   
Media – 1.6%      

AMC Networks, Inc. Class A*(a)

     26,380         1,541,120   

Cinemark Holdings, Inc.

     29,590         1,007,244   

John Wiley & Sons, Inc. Class A

     16,068         901,576   

Lamar Advertising Co. Class A(a)

     3,756         184,983   

Loral Space & Communications, Inc.*

     4,371         313,882   

Madison Square Garden Co. (The) Class A*(a)

     16,149         1,067,772   

Meredith Corp.(a)

     14,428         617,518   

Morningstar, Inc.

     9,556         648,852   

New York Times Co. (The) Class A(a)

     14,037         157,495   

Regal Entertainment Group Class A(a)

     47,280         939,926   

Sinclair Broadcast Group, Inc. Class A(a)

     21,215         553,499   

Starz Class A*(a)

     50,166         1,659,491   
     

 

 

 
Total Media               9,593,358   
Metals & Mining – 1.4%      

Allegheny Technologies, Inc.(a)

     1,510         56,021   

Carpenter Technology Corp.(a)

     13,587         613,453   

Commercial Metals Co.(a)

     19,393         331,039   

Compass Minerals International, Inc.

     8,047         678,201   

Reliance Steel & Aluminum Co.

     28,356         1,939,550   

Royal Gold, Inc.(a)

     9,179         596,084   

Steel Dynamics, Inc.(a)

     64,591         1,460,403   

TimkenSteel Corp.

     17,248         801,860   

U.S. Silica Holdings, Inc.(a)

     15,349         959,466   

Worthington Industries, Inc.

     20,624         767,625   
     

 

 

 
Total Metals & Mining               8,203,702   
Multi-Utilities – 1.5%      

Alliant Energy Corp.

     44,320         2,455,771   

Black Hills Corp.

     15,280         731,606   

Integrys Energy Group, Inc.(a)

     31,416         2,036,385   

MDU Resources Group, Inc.

     23,447         652,061   

NorthWestern Corp.(a)

     13,429         609,140   

TECO Energy, Inc.(a)

     74,250         1,290,465   

Vectren Corp.

     21,865         872,414   
     

 

 

 
Total Multi-Utilities               8,647,842   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      53   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree MidCap Earnings Fund (EZM)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Multiline Retail – 0.7%      

Big Lots, Inc.(a)

     32,664       $ 1,406,185   

Dillard’s, Inc. Class A(a)

     23,387         2,548,715   
     

 

 

 
Total Multiline Retail               3,954,900   
Oil, Gas & Consumable Fuels – 2.9%      

Bonanza Creek Energy, Inc.*(a)

     8,364         475,912   

Carrizo Oil & Gas, Inc.*

     8,811         474,208   

CVR Energy, Inc.(a)

     65,093         2,911,610   

Delek U.S. Holdings, Inc.

     35,863         1,187,782   

Energen Corp.

     17,678         1,277,059   

Gulfport Energy Corp.*(a)

     15,754         841,264   

Laredo Petroleum, Inc.*(a)

     14,342         321,404   

Oasis Petroleum, Inc.*(a)

     28,823         1,205,090   

QEP Resources, Inc.(a)

     37,716         1,160,898   

Rosetta Resources, Inc.*

     26,058         1,161,144   

SemGroup Corp. Class A

     6,332         527,266   

SM Energy Co.(a)

     7,237         564,486   

Targa Resources Corp.

     4,187         570,144   

Western Refining, Inc.

     75,512         3,170,749   

World Fuel Services Corp.(a)

     27,445         1,095,604   
     

 

 

 
Total Oil, Gas & Consumable Fuels               16,944,620   
Paper & Forest Products – 0.3%      

KapStone Paper and Packaging Corp.*

     20,819         582,307   

Louisiana-Pacific Corp.*(a)

     66,410         902,512   
     

 

 

 
Total Paper & Forest Products               1,484,819   
Pharmaceuticals – 0.4%      

Akorn, Inc.*(a)

     10,974         398,027   

Medicines Co. (The)*(a)

     5,906         131,822   

Prestige Brands Holdings, Inc.*(a)

     14,904         482,443   

Salix Pharmaceuticals Ltd.*(a)

     8,068         1,260,544   
     

 

 

 
Total Pharmaceuticals               2,272,836   
Professional Services – 0.8%      

Advisory Board Co. (The)*(a)

     2,541         118,385   

Corporate Executive Board Co. (The)(a)

     4,740         284,732   

Dun & Bradstreet Corp. (The)(a)

     14,618         1,717,177   

FTI Consulting, Inc.*(a)

     15,166         530,203   

On Assignment, Inc.*

     9,848         264,419   

Robert Half International, Inc.

     36,586         1,792,714   

WageWorks, Inc.*(a)

     1,753         79,814   
     

 

 

 
Total Professional Services               4,787,444   
Real Estate Investment Trusts (REITs) – 4.7%      

Alexandria Real Estate Equities, Inc.

     8,622         635,872   

American Campus Communities, Inc.

     7,511         273,776   

BioMed Realty Trust, Inc.(a)

     9,354         188,951   

Camden Property Trust

     16,313         1,117,930   

CBL & Associates Properties, Inc.(a)

     31,209         558,641   

Chambers Street Properties

     42,119         317,156   

Corrections Corp. of America(a)

     56,317         1,935,052   

Cousins Properties, Inc.(a)

     68,069         813,425   

DiamondRock Hospitality Co.(a)

     17,941         227,492   

Digital Realty Trust, Inc.(a)

     35,939         2,241,875   

Douglas Emmett, Inc.

     11,502         295,256   
Investments    Shares      Value  
     

EastGroup Properties, Inc.(a)

     2,992       $ 181,285   

EPR Properties(a)

     13,962         707,594   

Equity Lifestyle Properties, Inc.

     10,668         451,896   

Essex Property Trust, Inc.(a)

     9,471         1,692,941   

Extra Space Storage, Inc.

     19,108         985,400   

Geo Group, Inc. (The)

     34,230         1,308,271   

Healthcare Trust of America, Inc. Class A(a)

     9,684         112,334   

Highwoods Properties, Inc.(a)

     8,419         327,499   

Home Properties, Inc.

     10,404         605,929   

Hospitality Properties Trust

     22,031         591,532   

Iron Mountain, Inc.(a)

     14,800         483,220   

LaSalle Hotel Properties(a)

     12,977         444,332   

Liberty Property Trust

     21,268         707,374   

Medical Properties Trust, Inc.(a)

     48,668         596,670   

Mid-America Apartment Communities, Inc.

     7,069         464,080   

National Health Investors, Inc.(a)

     8,969         512,489   

National Retail Properties, Inc.(a)

     23,770         821,729   

Omega Healthcare Investors, Inc.(a)

     31,574         1,079,515   

Pebblebrook Hotel Trust

     3,125         116,688   

Piedmont Office Realty Trust, Inc. Class A(a)

     27,185         479,543   

Post Properties, Inc.(a)

     10,645         546,514   

PS Business Parks, Inc.(a)

     2,691         204,893   

Rayonier, Inc.

     45,295         1,410,486   

RLJ Lodging Trust

     23,582         671,380   

Ryman Hospitality Properties, Inc.(a)

     8,552         404,510   

Senior Housing Properties Trust(a)

     39,319         822,553   

Sovran Self Storage, Inc.

     6,280         466,981   

Tanger Factory Outlet Centers, Inc.

     19,447         636,306   

Taubman Centers, Inc.

     9,116         665,468   

W.P. Carey, Inc.(a)

     9,623         613,659   

Weingarten Realty Investors

     7,823         246,424   
     

 

 

 
Total Real Estate Investment Trusts (REITs)               27,964,921   
Real Estate Management & Development – 0.3%      

Alexander & Baldwin, Inc.(a)

     1,866         67,120   

Jones Lang LaSalle, Inc.

     13,577         1,715,318   
     

 

 

 
Total Real Estate Management & Development               1,782,438   
Road & Rail – 1.6%      

AMERCO

     8,171         2,139,903   

Avis Budget Group, Inc.*

     4,696         257,763   

Con-way, Inc.

     14,160         672,600   

Genesee & Wyoming, Inc. Class A*

     14,038         1,337,962   

Landstar System, Inc.(a)

     13,040         941,358   

Old Dominion Freight Line, Inc.*

     23,154         1,635,599   

Ryder System, Inc.

     14,660         1,318,960   

Swift Transportation Co.*(a)

     41,029         860,788   

Werner Enterprises, Inc.(a)

     19,269         485,579   
     

 

 

 
Total Road & Rail               9,650,512   
Semiconductors & Semiconductor Equipment – 1.4%      

First Solar, Inc.*(a)

     48,505         3,192,114   

Microsemi Corp.*

     11,855         301,236   

ON Semiconductor Corp.*(a)

     4,102         36,672   

Semtech Corp.*(a)

     13,626         369,946   

 

See Notes to Financial Statements.

 

54   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree MidCap Earnings Fund (EZM)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Skyworks Solutions, Inc.(a)

     60,936       $ 3,537,335   

Teradyne, Inc.(a)

     49,860         966,785   
     

 

 

 
Total Semiconductors & Semiconductor Equipment               8,404,088   
Software – 2.4%      

ACI Worldwide, Inc.*(a)

     18,677         350,380   

Advent Software, Inc.(a)

     4,193         132,331   

Aspen Technology, Inc.*

     8,648         326,203   

Cadence Design Systems, Inc.*(a)

     194,970         3,355,434   

CommVault Systems, Inc.*(a)

     4,716         237,686   

Compuware Corp.

     19,631         208,285   

FactSet Research Systems, Inc.(a)

     10,932         1,328,566   

Fair Isaac Corp.(a)

     9,108         501,851   

Fortinet, Inc.*

     18,735         473,340   

Guidewire Software, Inc.*(a)

     2,170         96,218   

Informatica Corp.*

     11,944         408,962   

Manhattan Associates, Inc.*

     13,276         443,684   

Mentor Graphics Corp.(a)

     27,475         563,100   

Pegasystems, Inc.(a)

     9,988         190,871   

PTC, Inc.*

     25,838         953,422   

RealPage, Inc.*(a)

     5,531         85,730   

Rovi Corp.*

     8,143         160,783   

SolarWinds, Inc.*(a)

     15,372         646,393   

Solera Holdings, Inc.

     6,503         366,509   

SS&C Technologies Holdings, Inc.*(a)

     15,557         682,797   

Synopsys, Inc.*

     34,185         1,356,974   

TIBCO Software, Inc.*(a)

     21,843         516,150   

Tyler Technologies, Inc.*(a)

     2,302         203,497   

Ultimate Software Group, Inc. (The)*(a)

     824         116,604   

Verint Systems, Inc.*

     4,969         276,326   
     

 

 

 
Total Software               13,982,096   
Specialty Retail – 4.9%      

Aaron’s, Inc.

     28,382         690,250   

Abercrombie & Fitch Co. Class A(a)

     26,582         965,990   

American Eagle Outfitters, Inc.(a)

     97,612         1,417,326   

Ascena Retail Group, Inc.*(a)

     47,260         628,558   

AutoNation, Inc.*(a)

     41,731         2,099,487   

Buckle, Inc. (The)(a)

     19,632         891,097   

Cabela’s, Inc.*(a)

     20,416         1,202,502   

Chico’s FAS, Inc.(a)

     52,126         769,901   

Conn’s, Inc.*(a)

     5,481         165,910   

CST Brands, Inc.(a)

     28,909         1,039,279   

DSW, Inc. Class A

     22,139         666,605   

Express, Inc.*(a)

     42,732         667,047   

Five Below, Inc.*(a)

     3,325         131,703   

Foot Locker, Inc.

     63,139         3,513,685   

GameStop Corp. Class A(a)

     48,576         2,001,331   

Genesco, Inc.*(a)

     9,668         722,683   

GNC Holdings, Inc. Class A

     27,791         1,076,623   

Guess?, Inc.(a)

     30,992         680,894   

Lithia Motors, Inc. Class A(a)

     8,538         646,241   

Lumber Liquidators Holdings, Inc.*(a)

     4,295         246,447   

Men’s Wearhouse, Inc. (The)(a)

     14,904         703,767   
Investments    Shares      Value  
     

Outerwall, Inc.*(a)

     9,725       $ 545,573   

Penske Automotive Group, Inc.

     31,634         1,284,024   

Pier 1 Imports, Inc.(a)

     36,190         430,299   

Rent-A-Center, Inc.(a)

     29,260         888,041   

Sally Beauty Holdings, Inc.*(a)

     53,460         1,463,200   

Urban Outfitters, Inc.*(a)

     46,548         1,708,312   

Williams-Sonoma, Inc.(a)

     28,735         1,912,889   
     

 

 

 
Total Specialty Retail               29,159,664   
Technology Hardware, Storage & Peripherals – 0.7%      

Electronics For Imaging, Inc.*(a)

     14,356         634,105   

Lexmark International, Inc. Class A(a)

     21,104         896,920   

NCR Corp.*(a)

     76,756         2,564,418   
     

 

 

 
Total Technology Hardware, Storage & Peripherals               4,095,443   
Textiles, Apparel & Luxury Goods – 0.8%      

Carter’s, Inc.(a)

     14,270         1,106,211   

Columbia Sportswear Co.(a)

     16,100         576,058   

Deckers Outdoor Corp.*(a)

     7,424         721,464   

Iconix Brand Group, Inc.*(a)

     18,090         668,245   

Skechers U.S.A., Inc. Class A*

     8,381         446,791   

Steven Madden Ltd.*(a)

     21,840         703,903   

Wolverine World Wide, Inc.(a)

     19,419         486,640   
     

 

 

 
Total Textiles, Apparel & Luxury Goods               4,709,312   
Thrifts & Mortgage Finance – 1.1%      

Capitol Federal Financial, Inc.(a)

     35,325         417,541   

EverBank Financial Corp.(a)

     46,150         815,009   

Hudson City Bancorp, Inc.

     123,084         1,196,376   

Nationstar Mortgage Holdings, Inc.*(a)

     49,225         1,685,464   

People’s United Financial, Inc.(a)

     95,242         1,378,152   

TFS Financial Corp.(a)

     29,818         426,994   

Washington Federal, Inc.(a)

     40,033         815,072   
     

 

 

 
Total Thrifts & Mortgage Finance               6,734,608   
Trading Companies & Distributors – 1.2%      

Air Lease Corp.

     33,913         1,102,172   

Applied Industrial Technologies, Inc.(a)

     14,986         684,111   

Beacon Roofing Supply, Inc.*(a)

     10,915         278,114   

GATX Corp.(a)

     11,420         666,585   

MRC Global, Inc.*

     22,644         528,058   

MSC Industrial Direct Co., Inc. Class A(a)

     17,801         1,521,274   

TAL International Group, Inc.*(a)

     16,137         665,651   

Watsco, Inc.

     6,816         587,403   

WESCO International, Inc.*(a)

     16,983         1,329,090   
     

 

 

 
Total Trading Companies & Distributors               7,362,458   
Transportation Infrastructure – 0.1%      

Wesco Aircraft Holdings, Inc.*(a)

     31,209         543,037   
Water Utilities – 0.2%      

Aqua America, Inc.(a)

     57,332         1,349,022   

TOTAL COMMON STOCKS

(Cost: $529,821,345)

              589,335,501   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      55   


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree MidCap Earnings Fund (EZM)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
EXCHANGE-TRADED FUND – 0.1%      
United States – 0.1%      

WisdomTree MidCap Dividend Fund(a)(b)

(Cost: $738,535)

     10,123       $ 792,378   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 29.3%      
United States – 29.3%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(c)

     
(Cost: $172,952,015)(d)      172,952,015         172,952,015   
TOTAL INVESTMENTS IN SECURITIES – 129.2%
(Cost: $703,511,895)
         763,079,894   

Liabilities in Excess of Cash and
Other Assets – (29.2)%

        (172,298,920
     

 

 

 
NET ASSETS – 100.0%             $ 590,780,974   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

Affiliated company (See Note 7).

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(d) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $176,295,842 and the total market value of the collateral held by the Fund was $180,473,899. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $7,521,884.

 

See Notes to Financial Statements.

 

56   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited)

WisdomTree SmallCap Dividend Fund (DES)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 99.6%      
United States – 99.6%      
Aerospace & Defense – 0.6%      

AAR Corp.(a)

     38,512       $ 930,065   

American Science & Engineering, Inc.(a)

     21,809         1,207,782   

Cubic Corp.(a)

     12,753         596,840   

Curtiss-Wright Corp.(a)

     31,464         2,074,107   

HEICO Corp.(a)

     4,863         227,102   

HEICO Corp. Class A

     10,017         403,685   

National Presto Industries, Inc.(a)

     8,563         519,860   
     

 

 

 
Total Aerospace & Defense         5,959,441   
Air Freight & Logistics – 0.1%      

Forward Air Corp.(a)

     27,781         1,245,422   
Airlines – 0.0%      

SkyWest, Inc.(a)

     53,559         416,689   
Auto Components – 0.5%      

Cooper Tire & Rubber Co.(a)

     121,069         3,474,680   

Spartan Motors, Inc.(a)

     48,850         228,130   

Standard Motor Products, Inc.(a)

     27,725         954,572   

Strattec Security Corp.(a)

     3,746         304,737   

Superior Industries International, Inc.(a)

     12,727         223,104   
     

 

 

 
Total Auto Components         5,185,223   
Banks – 6.9%      

1st Source Corp.(a)

     16,731         476,499   

1st United Bancorp, Inc.(a)

     5,709         48,641   

Access National Corp.

     9,558         155,126   

American National Bankshares, Inc.(a)

     10,341         235,258   

Arrow Financial Corp.(a)

     15,884         398,223   

Banc of California, Inc.(a)

     20,745         241,264   

BancFirst Corp.(a)

     11,925         746,028   

BancorpSouth, Inc.(a)

     26,380         531,293   

Bank of Kentucky Financial Corp.

     4,866         224,955   

Bank of the Ozarks, Inc.(a)

     39,161         1,234,355   

Banner Corp.(a)

     8,692         334,381   

Bar Harbor Bankshares(a)

     6,829         197,563   

BBCN Bancorp, Inc.

     49,381         720,469   

Boston Private Financial Holdings, Inc.(a)

     64,309         796,789   

Bridge Bancorp, Inc.(a)

     13,780         325,897   

Bryn Mawr Bank Corp.(a)

     13,236         374,976   

C&F Financial Corp.

     2,965         98,646   

Camden National Corp.(a)

     6,581         230,335   

Cardinal Financial Corp.(a)

     14,094         240,585   

Cathay General Bancorp(a)

     4,899         121,642   

Centerstate Banks, Inc.(a)

     4,212         43,594   

Central Pacific Financial Corp.(a)

     22,489         403,228   

Century Bancorp, Inc. Class A(a)

     1,532         53,038   

Chemical Financial Corp.

     28,724         772,388   

Chemung Financial Corp.(a)

     4,743         133,231   

City Holding Co.(a)

     17,150         722,530   

CNB Financial Corp.(a)

     16,410         257,637   

CoBiz Financial, Inc.(a)

     14,674         164,055   

Columbia Banking System, Inc.

     28,933         717,828   
Investments    Shares      Value  
     

Community Bank System, Inc.(a)

     39,352       $ 1,321,834   

Community Trust Bancorp, Inc.(a)

     17,858         600,565   

ConnectOne Bancorp, Inc.

     8,816         167,945   

CVB Financial Corp.(a)

     87,479         1,255,324   

Enterprise Bancorp, Inc.(a)

     7,312         137,758   

Enterprise Financial Services Corp.(a)

     6,752         112,893   

Fidelity Southern Corp.(a)

     4,957         67,911   

Financial Institutions, Inc.(a)

     15,090         339,223   

First Bancorp(a)

     13,465         215,709   

First Bancorp, Inc.(a)

     15,481         258,068   

First Busey Corp.(a)

     81,957         456,501   

First Business Financial Services, Inc.(a)

     1,902         83,498   

First Citizens BancShares, Inc. Class A(a)

     1,550         335,777   

First Commonwealth Financial Corp.(a)

     89,442         750,418   

First Community Bancshares, Inc.

     17,910         255,934   

First Connecticut Bancorp, Inc.(a)

     4,544         65,888   

First Financial Bancorp

     68,410         1,082,930   

First Financial Bankshares, Inc.(a)

     35,462         985,489   

First Financial Corp.(a)

     11,743         363,446   

First Interstate BancSystem, Inc.

     12,841         341,185   

First Merchants Corp.(a)

     8,724         176,312   

First Midwest Bancorp, Inc.(a)

     22,485         361,784   

Flushing Financial Corp.(a)

     24,948         455,800   

FNB Corp.(a)

     211,355         2,534,146   

Fulton Financial Corp.(a)

     159,251         1,764,501   

German American Bancorp, Inc.(a)

     9,384         242,201   

Glacier Bancorp, Inc.(a)

     52,080         1,346,789   

Great Southern Bancorp, Inc.(a)

     11,213         340,202   

Guaranty Bancorp(a)

     4,916         66,415   

Hanmi Financial Corp.(a)

     13,235         266,818   

Heartland Financial USA, Inc.(a)

     8,319         198,658   

Heritage Commerce Corp.(a)

     12,692         104,201   

Heritage Financial Corp.(a)

     26,624         421,724   

Home BancShares, Inc.(a)

     17,255         507,470   

Horizon Bancorp(a)

     4,906         113,034   

Hudson Valley Holding Corp.(a)

     8,441         153,204   

Iberiabank Corp.(a)

     24,371         1,523,431   

Independent Bank Corp.(a)

     18,059         645,067   

Independent Bank Group, Inc.(a)

     2,096         99,455   

International Bancshares Corp.(a)

     39,765         980,804   

Lakeland Bancorp, Inc.(a)

     30,007         292,868   

Lakeland Financial Corp.(a)

     11,145         417,938   

MainSource Financial Group, Inc.(a)

     12,601         217,367   

MB Financial, Inc.(a)

     29,349         812,380   

Mercantile Bank Corp.(a)

     10,212         194,539   

Merchants Bancshares, Inc.(a)

     7,249         204,349   

MidSouth Bancorp, Inc.(a)

     6,871         128,488   

MidWestOne Financial Group, Inc.(a)

     5,340         122,873   

National Bank Holdings Corp. Class A(a)

     13,469         257,527   

National Penn Bancshares, Inc.(a)

     178,376         1,732,031   

NBT Bancorp, Inc.(a)

     48,674         1,096,139   

Northrim BanCorp, Inc.(a)

     5,826         153,981   

Old National Bancorp

     91,085         1,181,372   

Pacific Continental Corp.(a)

     32,654         419,604   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      57   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree SmallCap Dividend Fund (DES)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

PacWest Bancorp

     35,890       $ 1,479,745   

Park National Corp.(a)

     24,020         1,811,588   

Park Sterling Corp.(a)

     16,931         112,253   

Peapack Gladstone Financial Corp.(a)

     4,148         72,590   

Penns Woods Bancorp, Inc.(a)

     6,029         254,725   

Peoples Bancorp, Inc.(a)

     8,816         209,380   

Pinnacle Financial Partners, Inc.(a)

     12,384         447,062   

PrivateBancorp, Inc.

     3,611         108,005   

Renasant Corp.

     24,654         666,891   

Republic Bancorp, Inc. Class A(a)

     18,411         436,157   

S&T Bancorp, Inc.(a)

     26,640         624,974   

Sandy Spring Bancorp, Inc.(a)

     22,200         508,158   

Sierra Bancorp(a)

     8,796         147,421   

Simmons First National Corp. Class A(a)

     12,779         492,247   

South State Corp.

     9,220         515,582   

Southern National Bancorp of Virginia, Inc.(a)

     10,490         121,579   

Southside Bancshares, Inc.(a)

     20,192         671,384   

Sterling Bancorp(a)

     51,254         655,539   

Stock Yards Bancorp, Inc.(a)

     11,699         352,140   

Susquehanna Bancshares, Inc.

     161,873         1,618,730   

Tompkins Financial Corp.(a)

     16,104         709,864   

TowneBank(a)

     26,764         363,455   

Trico Bancshares(a)

     8,404         190,098   

Trustmark Corp.(a)

     77,985         1,796,385   

Umpqua Holdings Corp.(a)

     121,294         1,997,712   

Union Bankshares Corp.(a)

     31,191         720,512   

United Bankshares, Inc.(a)

     69,458         2,148,336   

Univest Corp. of Pennsylvania(a)

     20,932         392,475   

Valley National Bancorp(a)

     445,714         4,318,969   

ViewPoint Financial Group, Inc.

     25,114         601,229   

Washington Trust Bancorp, Inc.(a)

     16,947         559,082   

WesBanco, Inc.(a)

     25,368         776,007   

West Bancorp, Inc.(a)

     14,940         211,102   

Westamerica Bancorp(a)

     24,777         1,152,626   

Wilshire Bancorp, Inc.(a)

     26,017         240,137   

Wintrust Financial Corp.(a)

     5,847         261,186   
     

 

 

 
Total Banks         67,477,547   
Beverages – 0.1%      

Coca-Cola Bottling Co. Consolidated

     9,885         737,718   
Biotechnology – 0.7%      

PDL BioPharma, Inc.(a)

     985,642         7,362,746   
Building Products – 0.6%      

AAON, Inc.(a)

     35,037         595,979   

Apogee Enterprises, Inc.(a)

     28,673         1,141,186   

Griffon Corp.(a)

     54,762         623,739   

Insteel Industries, Inc.(a)

     10,665         219,273   

Quanex Building Products Corp.(a)

     32,797         593,298   

Simpson Manufacturing Co., Inc.(a)

     65,654         1,913,814   

Universal Forest Products, Inc.

     16,554         707,021   
     

 

 

 
Total Building Products         5,794,310   
Capital Markets – 1.6%      

Arlington Asset Investment Corp. Class A(a)

     73,679         1,872,183   
Investments    Shares      Value  
     

Artisan Partners Asset Management, Inc. Class A(a)

     18,651       $ 970,785   

BGC Partners, Inc. Class A(a)

     505,100         3,752,893   

Calamos Asset Management, Inc. Class A(a)

     32,731         368,878   

Cohen & Steers, Inc.(a)

     30,789         1,183,529   

CorEnergy Infrastructure Trust, Inc.(a)

     61,361         458,980   

Evercore Partners, Inc. Class A

     18,500         869,500   

FXCM, Inc. Class A(a)

     23,781         376,929   

GAMCO Investors, Inc. Class A

     1,182         83,615   

GFI Group, Inc.(a)

     219,237         1,186,072   

Greenhill & Co., Inc.(a)

     29,558         1,374,151   

Janus Capital Group, Inc.(a)

     156,863         2,280,788   

JMP Group, Inc.(a)

     19,510         122,328   

Manning & Napier, Inc.(a)

     17,899         300,524   

Oppenheimer Holdings, Inc. Class A(a)

     9,473         191,828   

Pzena Investment Management, Inc. Class A(a)

     4,632         44,236   

Westwood Holdings Group, Inc.(a)

     9,104         516,106   
     

 

 

 
Total Capital Markets         15,953,325   
Chemicals – 2.9%      

A. Schulman, Inc.(a)

     67,857         2,453,709   

American Vanguard Corp.(a)

     22,685         254,072   

Balchem Corp.(a)

     11,539         652,761   

Chase Corp.(a)

     12,330         383,710   

FutureFuel Corp.(a)

     122,001         1,450,592   

Hawkins, Inc.(a)

     20,676         743,509   

Innophos Holdings, Inc.

     72,549         3,996,724   

Innospec, Inc.(a)

     50,942         1,828,818   

KMG Chemicals, Inc.(a)

     7,986         130,012   

Koppers Holdings, Inc.(a)

     43,672         1,448,164   

Kronos Worldwide, Inc.(a)

     422,242         5,818,495   

Minerals Technologies, Inc.(a)

     11,656         719,292   

Olin Corp.(a)

     216,345         5,462,711   

Quaker Chemical Corp.(a)

     17,057         1,222,816   

Stepan Co.(a)

     23,256         1,032,101   

Tredegar Corp.(a)

     33,737         621,098   

Zep, Inc.(a)

     23,497         329,428   
     

 

 

 
Total Chemicals         28,548,012   
Commercial Services & Supplies – 7.4%      

ABM Industries, Inc.

     117,424         3,016,623   

Brady Corp. Class A(a)

     125,756         2,821,965   

Brink’s Co. (The)(a)

     56,634         1,361,481   

CECO Environmental Corp.(a)

     32,523         435,808   

Courier Corp.

     52,309         644,447   

Covanta Holding Corp.(a)

     487,938         10,354,044   

Deluxe Corp.(a)

     99,459         5,486,159   

Ennis, Inc.

     105,492         1,389,330   

G&K Services, Inc. Class A(a)

     34,158         1,891,670   

Healthcare Services Group, Inc.(a)

     167,699         4,797,868   

Herman Miller, Inc.(a)

     99,518         2,970,612   

HNI Corp.(a)

     113,133         4,071,657   

Interface, Inc.(a)

     37,829         610,560   

Intersections, Inc.(a)

     214,004         821,775   

Kimball International, Inc. Class B(a)

     40,378         607,689   

Knoll, Inc.

     134,805         2,333,475   

 

See Notes to Financial Statements.

 

58   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree SmallCap Dividend Fund (DES)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Matthews International Corp. Class A(a)

     37,218       $ 1,633,498   

McGrath RentCorp(a)

     61,791         2,113,252   

Mobile Mini, Inc.(a)

     79,495         2,779,940   

MSA Safety, Inc.(a)

     87,921         4,343,297   

Multi-Color Corp.(a)

     8,538         388,308   

Quad/Graphics, Inc.(a)

     155,397         2,991,392   

Steelcase, Inc. Class A(a)

     222,079         3,595,459   

U.S. Ecology, Inc.(a)

     35,410         1,655,772   

UniFirst Corp.(a)

     2,108         203,612   

United Stationers, Inc.(a)

     48,881         1,836,459   

Viad Corp.

     28,665         591,932   

West Corp.(a)

     235,293         6,931,732   
     

 

 

 
Total Commercial Services & Supplies         72,679,816   
Communications Equipment – 0.9%      

ADTRAN, Inc.(a)

     78,342         1,608,361   

Bel Fuse, Inc. Class B(a)

     12,291         304,079   

Black Box Corp.(a)

     21,366         498,255   

Comtech Telecommunications Corp.

     56,530         2,100,090   

InterDigital, Inc.(a)

     49,920         1,987,814   

PC-Tel, Inc.

     25,434         193,044   

Plantronics, Inc.(a)

     39,037         1,865,188   

TESSCO Technologies, Inc.(a)

     14,319         415,108   
     

 

 

 
Total Communications Equipment         8,971,939   
Construction & Engineering – 0.3%      

Comfort Systems USA, Inc.(a)

     41,726         565,387   

Granite Construction, Inc.(a)

     60,219         1,915,567   

Primoris Services Corp.(a)

     23,844         639,973   
     

 

 

 
Total Construction & Engineering         3,120,927   
Consumer Finance – 0.1%      

Asta Funding, Inc.*

     6,128         50,311   

Cash America International, Inc.(a)

     3,948         172,922   

Nelnet, Inc. Class A

     12,262         528,370   
     

 

 

 
Total Consumer Finance         751,603   
Containers & Packaging – 0.5%      

Greif, Inc. Class A

     81,685         3,578,620   

Myers Industries, Inc.(a)

     59,486         1,049,333   
     

 

 

 
Total Containers & Packaging         4,627,953   
Distributors – 0.2%      

Core-Mark Holding Co., Inc.(a)

     27,128         1,438,869   

Weyco Group, Inc.(a)

     25,175         632,144   
     

 

 

 
Total Distributors         2,071,013   
Diversified Consumer Services – 0.5%      

Carriage Services, Inc.(a)

     9,739         168,777   

Collectors Universe, Inc.(a)

     65,330         1,437,260   

DeVry Education Group, Inc.

     60,911         2,607,600   

Lincoln Educational Services Corp.(a)

     145,781         409,645   

Universal Technical Institute, Inc.(a)

     67,875         634,631   
     

 

 

 
Total Diversified Consumer Services         5,257,913   
Diversified Financial Services – 0.1%      

Gain Capital Holdings, Inc.(a)

     40,946         260,826   

Interactive Brokers Group, Inc. Class A

     28,182         703,141   
Investments    Shares      Value  
     

Marlin Business Services Corp.

     8,293       $ 151,928   

MicroFinancial, Inc.

     16,693         134,545   

Resource America, Inc. Class A(a)

     13,671         127,277   
     

 

 

 
Total Diversified Financial Services         1,377,717   
Diversified Telecommunication Services – 1.5%      

Atlantic Tele-Network, Inc.(a)

     30,545         1,646,375   

Cogent Communications Holdings, Inc.(a)

     70,716         2,376,765   

Consolidated Communications Holdings, Inc.(a)

     320,437         8,026,947   

Enventis Corp.(a)

     61,193         1,112,489   

Inteliquent, Inc.

     69,465         864,839   

Lumos Networks Corp.(a)

     53,816         874,510   
     

 

 

 
Total Diversified Telecommunication Services         14,901,925   
Electric Utilities – 5.2%      

ALLETE, Inc.(a)

     153,119         6,796,952   

El Paso Electric Co.(a)

     122,453         4,475,657   

Empire District Electric Co. (The)

     189,457         4,575,387   

MGE Energy, Inc.(a)

     99,413         3,704,128   

NRG Yield, Inc. Class A(a)

     50,600         2,380,730   

Otter Tail Corp.(a)

     145,080         3,869,284   

PNM Resources, Inc.(a)

     216,452         5,391,819   

Portland General Electric Co.(a)

     276,579         8,883,718   

UIL Holdings Corp.(a)

     253,384         8,969,794   

Unitil Corp.(a)

     61,801         1,921,393   
     

 

 

 
Total Electric Utilities         50,968,862   
Electrical Equipment – 0.6%      

Allied Motion Technologies, Inc.

     7,022         99,712   

AZZ, Inc.(a)

     29,165         1,218,222   

Encore Wire Corp.(a)

     3,191         118,354   

Franklin Electric Co., Inc.(a)

     32,750         1,137,735   

General Cable Corp.(a)

     119,563         1,803,010   

Global Power Equipment Group, Inc.(a)

     33,615         500,864   

LSI Industries, Inc.(a)

     62,406         378,804   

Powell Industries, Inc.(a)

     17,016         695,274   

Preformed Line Products Co.(a)

     5,738         302,737   
     

 

 

 
Total Electrical Equipment         6,254,712   
Electronic Equipment, Instruments & Components – 1.7%      

AVX Corp.(a)

     424,671         5,639,631   

Badger Meter, Inc.(a)

     18,428         929,693   

CTS Corp.(a)

     28,720         456,361   

Daktronics, Inc.(a)

     100,731         1,237,984   

Electro Rent Corp.(a)

     102,809         1,415,680   

Electro Scientific Industries, Inc.(a)

     94,483         641,539   

Littelfuse, Inc.

     21,231         1,808,456   

Mesa Laboratories, Inc.(a)

     2,693         155,601   

Methode Electronics, Inc.

     31,409         1,158,050   

MTS Systems Corp.(a)

     27,276         1,861,860   

Park Electrochemical Corp.(a)

     29,843         702,803   

Richardson Electronics Ltd.

     23,488         234,645   
     

 

 

 
Total Electronic Equipment, Instruments & Components               16,242,303   
Energy Equipment & Services – 0.3%      

Bolt Technology Corp.

     13,777         302,267   

Gulf Island Fabrication, Inc.(a)

     25,211         433,629   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      59   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree SmallCap Dividend Fund (DES)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Gulfmark Offshore, Inc. Class A(a)

     58,799       $ 1,843,349   
     

 

 

 
Total Energy Equipment & Services         2,579,245   
Food & Staples Retailing – 0.6%      

Andersons, Inc. (The)(a)

     20,213         1,270,994   

Ingles Markets, Inc. Class A

     33,159         785,537   

SpartanNash Co.(a)

     32,852         638,971   

Village Super Market, Inc. Class A(a)

     28,453         648,159   

Weis Markets, Inc.(a)

     61,133         2,386,021   
     

 

 

 
Total Food & Staples Retailing         5,729,682   
Food Products – 2.4%      

Alico, Inc.(a)

     8,611         328,079   

B&G Foods, Inc.(a)

     198,915         5,480,108   

Cal-Maine Foods, Inc.(a)

     10,722         957,796   

Calavo Growers, Inc.(a)

     35,315         1,594,119   

Dean Foods Co.(a)

     156,363         2,071,810   

J&J Snack Foods Corp.

     13,356         1,249,587   

Lancaster Colony Corp.(a)

     49,147         4,191,256   

Lifeway Foods, Inc.(a)

     8,270         114,705   

Limoneira Co.(a)

     8,313         196,935   

Sanderson Farms, Inc.(a)

     25,469         2,239,999   

Snyder’s-Lance, Inc.(a)

     155,459         4,119,663   

Tootsie Roll Industries, Inc.(a)

     37,145         1,039,689   
     

 

 

 
Total Food Products         23,583,746   
Gas Utilities – 4.2%      

Chesapeake Utilities Corp.(a)

     37,368         1,556,751   

Delta Natural Gas Co., Inc.(a)

     23,494         464,476   

Gas Natural, Inc.

     69,889         825,389   

Laclede Group, Inc. (The)(a)

     120,215         5,577,976   

New Jersey Resources Corp.(a)

     152,118         7,683,480   

Northwest Natural Gas Co.(a)

     114,925         4,855,581   

South Jersey Industries, Inc.(a)

     101,444         5,413,052   

Southwest Gas Corp.

     111,751         5,428,864   

WGL Holdings, Inc.(a)

     220,784         9,299,422   
     

 

 

 
Total Gas Utilities         41,104,991   
Health Care Equipment & Supplies – 1.0%      

Analogic Corp.(a)

     5,263         336,622   

Atrion Corp.(a)

     1,796         547,798   

Cantel Medical Corp.(a)

     10,356         356,039   

CONMED Corp.

     52,575         1,936,863   

CryoLife, Inc.(a)

     30,277         298,834   

Hill-Rom Holdings, Inc.(a)

     78,301         3,244,010   

Invacare Corp.(a)

     6,882         81,276   

LeMaitre Vascular, Inc.

     21,806         150,025   

Meridian Bioscience, Inc.(a)

     122,553         2,167,963   

Utah Medical Products, Inc.(a)

     6,655         324,498   
     

 

 

 
Total Health Care Equipment & Supplies         9,443,928   
Health Care Providers & Services – 2.1%      

Chemed Corp.(a)

     18,451         1,898,608   

Ensign Group, Inc. (The)(a)

     12,450         433,260   

Kindred Healthcare, Inc.

     133,695         2,593,683   

Landauer, Inc.(a)

     39,222         1,294,718   

National Healthcare Corp.(a)

     33,698         1,870,576   
Investments    Shares      Value  
     

Owens & Minor, Inc.(a)

     165,700       $ 5,425,018   

Select Medical Holdings Corp.(a)

     529,218         6,366,493   

U.S. Physical Therapy, Inc.

     14,111         499,388   
     

 

 

 
Total Health Care Providers & Services         20,381,744   
Health Care Technology – 0.5%      

Computer Programs & Systems, Inc.(a)

     35,694         2,052,048   

Quality Systems, Inc.(a)

     197,882         2,724,835   
     

 

 

 
Total Health Care Technology         4,776,883   
Hotels, Restaurants & Leisure – 2.2%      

Bob Evans Farms, Inc.(a)

     65,653         3,108,013   

Churchill Downs, Inc.(a)

     17,130         1,670,175   

DineEquity, Inc.(a)

     66,774         5,448,091   

Einstein Noah Restaurant Group, Inc.(a)

     60,530         1,220,285   

Frisch’s Restaurants, Inc.

     14,439         408,624   

International Speedway Corp. Class A(a)

     16,882         534,147   

Interval Leisure Group, Inc.(a)

     80,741         1,538,116   

Marcus Corp. (The)(a)

     44,153         697,617   

Papa John’s International, Inc.(a)

     48,066         1,922,159   

Ruth’s Hospitality Group, Inc.(a)

     41,883         462,388   

Speedway Motorsports, Inc.

     96,090         1,639,295   

Texas Roadhouse, Inc.(a)

     119,696         3,332,337   
     

 

 

 
Total Hotels, Restaurants & Leisure         21,981,247   
Household Durables – 1.0%      

Bassett Furniture Industries, Inc.

     15,044         205,501   

Blyth, Inc.(a)

     31,430         255,212   

CSS Industries, Inc.(a)

     18,757         454,857   

Ethan Allen Interiors, Inc.(a)

     38,136         869,501   

Flexsteel Industries, Inc.(a)

     14,860         501,228   

Hooker Furniture Corp.(a)

     23,129         351,792   

KB Home(a)

     47,388         707,977   

La-Z-Boy, Inc.(a)

     27,354         541,336   

Lennar Corp. Class B

     16,035         514,082   

Lifetime Brands, Inc.(a)

     11,747         179,846   

MDC Holdings, Inc.(a)

     160,047         4,052,390   

NACCO Industries, Inc. Class A(a)

     9,707         482,729   

Ryland Group, Inc. (The)(a)

     12,922         429,527   
     

 

 

 
Total Household Durables         9,545,978   
Household Products – 0.3%      

Oil-Dri Corp. of America(a)

     9,982         260,231   

Orchids Paper Products Co.(a)

     36,237         889,981   

WD-40 Co.(a)

     25,091         1,705,184   
     

 

 

 
Total Household Products         2,855,396   
Independent Power and Renewable Electricity Producers – 0.1%   

Ormat Technologies, Inc.(a)

     26,701         701,435   
Industrial Conglomerates – 0.1%      

Raven Industries, Inc.(a)

     40,708         993,275   
Insurance – 1.4%      

American Equity Investment Life Holding Co.(a)

     15,154         346,724   

AMERISAFE, Inc.(a)

     4,667         182,526   

Baldwin & Lyons, Inc. Class B

     15,373         379,713   

Crawford & Co. Class A(a)

     27,408         211,590   

 

See Notes to Financial Statements.

 

60   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree SmallCap Dividend Fund (DES)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Crawford & Co. Class B(a)

     12,340       $ 101,805   

Donegal Group, Inc. Class A(a)

     21,828         335,278   

EMC Insurance Group, Inc.

     11,578         334,373   

Employers Holdings, Inc.(a)

     8,147         156,830   

FBL Financial Group, Inc. Class A(a)

     11,533         515,525   

HCI Group, Inc.(a)

     8,648         311,242   

Horace Mann Educators Corp.(a)

     35,716         1,018,263   

Independence Holding Co.(a)

     3,053         40,574   

Infinity Property & Casualty Corp.

     7,311         467,977   

Investors Title Co.

     305         22,326   

Kemper Corp.(a)

     45,120         1,540,848   

Meadowbrook Insurance Group, Inc.(a)

     19,897         116,397   

National Interstate Corp.(a)

     11,399         318,032   

National Western Life Insurance Co. Class A(a)

     263         64,964   

Primerica, Inc.(a)

     19,414         936,143   

RLI Corp.(a)

     21,148         915,497   

Safety Insurance Group, Inc.

     23,501         1,266,939   

Selective Insurance Group, Inc.(a)

     37,587         832,176   

State Auto Financial Corp.(a)

     29,029         595,385   

Stewart Information Services Corp.(a)

     2,571         75,459   

Symetra Financial Corp.

     76,710         1,789,644   

United Fire Group, Inc.(a)

     21,948         609,496   

Universal Insurance Holdings, Inc.(a)

     31,664         409,415   
     

 

 

 
Total Insurance         13,895,141   
Internet & Catalog Retail – 0.3%      

Nutrisystem, Inc.(a)

     117,280         1,802,594   

PetMed Express, Inc.(a)

     84,635         1,151,036   
     

 

 

 
Total Internet & Catalog Retail         2,953,630   
Internet Software & Services – 0.7%      

EarthLink Holdings Corp.(a)

     395,443         1,352,415   

j2 Global, Inc.(a)

     98,660         4,869,857   

Marchex, Inc. Class B(a)

     47,991         199,163   
     

 

 

 
Total Internet Software & Services         6,421,435   
IT Services – 1.7%      

Booz Allen Hamilton Holding Corp.

     316,665         7,409,961   

Cass Information Systems, Inc.(a)

     14,277         591,068   

Computer Task Group, Inc.(a)

     19,300         214,230   

Convergys Corp.(a)

     114,035         2,032,104   

CSG Systems International, Inc.(a)

     67,353         1,770,037   

Forrester Research, Inc.(a)

     29,853         1,100,381   

Hackett Group, Inc. (The)(a)

     46,694         278,296   

Heartland Payment Systems, Inc.(a)

     21,869         1,043,589   

ManTech International Corp. Class A(a)

     68,900         1,856,855   
     

 

 

 
Total IT Services         16,296,521   
Leisure Products – 0.5%      

Arctic Cat, Inc.(a)

     9,283         323,234   

Callaway Golf Co.(a)

     36,754         266,099   

Escalade, Inc.(a)

     40,629         489,986   

Johnson Outdoors, Inc. Class A(a)

     9,118         236,156   

Marine Products Corp.(a)

     46,120         363,887   

Sturm Ruger & Co., Inc.(a)

     60,660         2,953,535   
     

 

 

 
Total Leisure Products         4,632,897   
Investments    Shares      Value  
     
Machinery – 3.9%      

Alamo Group, Inc.(a)

     5,828       $ 238,948   

Albany International Corp. Class A

     47,116         1,603,829   

Altra Industrial Motion Corp.(a)

     31,999         933,091   

American Railcar Industries, Inc.(a)

     46,519         3,438,684   

Astec Industries, Inc.(a)

     23,997         875,171   

Barnes Group, Inc.(a)

     61,701         1,872,625   

Briggs & Stratton Corp.(a)

     104,856         1,889,505   

CIRCOR International, Inc.(a)

     3,246         218,553   

Douglas Dynamics, Inc.(a)

     107,096         2,088,372   

Dynamic Materials Corp.(a)

     9,617         183,204   

ESCO Technologies, Inc.(a)

     24,585         855,066   

FreightCar America, Inc.(a)

     11,439         380,919   

Global Brass & Copper Holdings, Inc.

     18,077         265,190   

Gorman-Rupp Co. (The)(a)

     30,727         923,039   

Graham Corp.(a)

     3,276         94,185   

Hardinge, Inc.

     7,836         85,726   

Harsco Corp.(a)

     241,132         5,162,636   

Hillenbrand, Inc.(a)

     168,890         5,217,012   

Hurco Cos., Inc.(a)

     4,835         182,086   

Hyster-Yale Materials Handling, Inc.(a)

     13,770         986,207   

John Bean Technologies Corp.(a)

     35,954         1,011,386   

Kadant, Inc.

     14,018         547,403   

L.B. Foster Co. Class A

     2,678         123,027   

Lindsay Corp.(a)

     7,753         579,537   

Miller Industries, Inc.(a)

     31,949         539,938   

Mueller Industries, Inc.(a)

     45,276         1,292,177   

Mueller Water Products, Inc. Class A

     123,017         1,018,581   

NN, Inc.

     20,761         554,734   

Standex International Corp.

     8,434         625,297   

Sun Hydraulics Corp.(a)

     23,758         893,063   

Tennant Co.

     20,034         1,344,081   

Titan International, Inc.(a)

     7,005         82,799   

Twin Disc, Inc.(a)

     14,874         401,003   

Watts Water Technologies, Inc. Class A(a)

     24,327         1,417,048   
     

 

 

 
Total Machinery         37,924,122   
Marine – 0.3%      

International Shipholding Corp.(a)

     26,592         475,731   

Matson, Inc.(a)

     108,118         2,706,193   
     

 

 

 
Total Marine         3,181,924   
Media – 2.2%      

A.H. Belo Corp. Class A(a)

     79,868         852,191   

Harte-Hanks, Inc.(a)

     273,291         1,740,864   

Meredith Corp.(a)

     117,985         5,049,758   

National CineMedia, Inc.(a)

     271,286         3,936,360   

New York Times Co. (The) Class A(a)

     160,433         1,800,058   

Nexstar Broadcasting Group, Inc. Class A(a)

     27,800         1,123,676   

Salem Communications Corp. Class A(a)

     40,698         309,712   

Scholastic Corp.(a)

     61,484         1,987,163   

Sinclair Broadcast Group, Inc. Class A(a)

     128,088         3,341,816   

World Wrestling Entertainment, Inc. Class A(a)

     98,308         1,353,701   
     

 

 

 
Total Media         21,495,299   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      61   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree SmallCap Dividend Fund (DES)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Metals & Mining – 3.0%      

Ampco-Pittsburgh Corp.(a)

     38,902       $ 778,040   

Commercial Metals Co.(a)

     281,657         4,807,885   

Compass Minerals International, Inc.(a)

     94,475         7,962,353   

Globe Specialty Metals, Inc.(a)

     115,052         2,092,796   

Gold Resource Corp.(a)

     396,614         2,030,664   

Haynes International, Inc.(a)

     20,040         921,640   

Hecla Mining Co.(a)

     129,081         320,121   

Kaiser Aluminum Corp.(a)

     32,413         2,470,519   

Materion Corp.(a)

     23,862         731,847   

Noranda Aluminum Holding Corp.(a)

     116,008         524,356   

Olympic Steel, Inc.(a)

     3,372         69,362   

Schnitzer Steel Industries, Inc. Class A(a)

     64,852         1,559,690   

Synalloy Corp.

     13,778         239,737   

U.S. Silica Holdings, Inc.(a)

     82,139         5,134,509   

Walter Energy, Inc.(a)

     15,897         37,199   
     

 

 

 
Total Metals & Mining         29,680,718   
Multi-Utilities – 2.0%      

Avista Corp.(a)

     256,885         7,842,699   

Black Hills Corp.(a)

     128,087         6,132,805   

NorthWestern Corp.(a)

     131,749         5,976,135   
     

 

 

 
Total Multi-Utilities         19,951,639   
Multiline Retail – 0.1%      

Bon-Ton Stores, Inc. (The)(a)

     18,935         158,297   

Fred’s, Inc. Class A(a)

     50,556         707,784   
     

 

 

 
Total Multiline Retail         866,081   
Oil, Gas & Consumable Fuels – 2.1%      

Adams Resources & Energy, Inc.

     6,033         267,202   

Alon USA Energy, Inc.(a)

     106,687         1,532,025   

Arch Coal, Inc.(a)

     594,970         1,261,336   

Comstock Resources, Inc.(a)

     138,934         2,586,951   

Delek U.S. Holdings, Inc.

     110,762         3,668,438   

Evolution Petroleum Corp.

     94,262         865,325   

EXCO Resources, Inc.(a)

     895,279         2,990,232   

Green Plains, Inc.(a)

     28,020         1,047,668   

Panhandle Oil and Gas, Inc. Class A(a)

     7,822         466,973   

PBF Energy, Inc. Class A(a)

     151,841         3,644,184   

W&T Offshore, Inc.(a)

     195,725         2,152,975   
     

 

 

 
Total Oil, Gas & Consumable Fuels         20,483,309   
Paper & Forest Products – 0.8%      

Deltic Timber Corp.(a)

     7,716         480,861   

Neenah Paper, Inc.(a)

     29,431         1,573,970   

PH Glatfelter Co.

     60,947         1,337,787   

Schweitzer-Mauduit International, Inc.(a)

     89,028         3,677,747   

Wausau Paper Corp.(a)

     45,126         357,849   
     

 

 

 
Total Paper & Forest Products         7,428,214   
Personal Products – 0.3%      

Coty, Inc. Class A(a)

     106,490         1,762,410   

Inter Parfums, Inc.(a)

     42,308         1,163,470   
     

 

 

 
Total Personal Products         2,925,880   
Professional Services – 1.1%      

Acacia Research Corp.(a)

     181,582         2,810,890   
Investments    Shares      Value  
     

Barrett Business Services, Inc.(a)

     5,767       $ 227,739   

CDI Corp.(a)

     58,006         842,247   

Corporate Executive Board Co. (The)(a)

     39,929         2,398,535   

Exponent, Inc.(a)

     10,135         718,369   

Heidrick & Struggles International, Inc.

     48,756         1,001,448   

Insperity, Inc.(a)

     51,133         1,397,976   

Kelly Services, Inc. Class A(a)

     27,618         432,774   

Resources Connection, Inc.(a)

     81,981         1,142,815   

VSE Corp.(a)

     4,057         198,874   
     

 

 

 
Total Professional Services         11,171,667   
Real Estate Investment Trusts (REITs) – 14.8%      

Acadia Realty Trust(a)

     67,338         1,857,182   

Agree Realty Corp.

     26,057         713,441   

Alexander’s, Inc.(a)

     5,866         2,193,356   

American Assets Trust, Inc.(a)

     37,501         1,236,408   

American Realty Capital Properties, Inc.(a)

     449,647         5,422,743   

AmREIT, Inc.(a)

     32,963         757,160   

Ashford Hospitality Trust, Inc.

     158,630         1,621,199   

Associated Estates Realty Corp.(a)

     93,609         1,639,094   

Aviv REIT, Inc.(a)

     76,109         2,005,472   

Brandywine Realty Trust

     231,965         3,263,748   

Campus Crest Communities, Inc.(a)

     158,274         1,012,954   

Cedar Realty Trust, Inc.

     81,345         479,936   

Chambers Street Properties

     523,623         3,942,881   

Chatham Lodging Trust(a)

     37,635         868,616   

Chesapeake Lodging Trust(a)

     70,999         2,069,621   

CoreSite Realty Corp.(a)

     26,078         857,184   

Corporate Office Properties Trust(a)

     139,578         3,589,946   

Cousins Properties, Inc.(a)

     113,210         1,352,859   

CubeSmart

     132,636         2,384,795   

CyrusOne, Inc.(a)

     22,689         545,444   

DCT Industrial Trust, Inc.(a)

     422,285         3,171,360   

DiamondRock Hospitality Co.(a)

     200,544         2,542,898   

DuPont Fabros Technology, Inc.(a)

     92,509         2,501,443   

EastGroup Properties, Inc.(a)

     39,051         2,366,100   

Education Realty Trust, Inc.

     194,246         1,996,849   

Excel Trust, Inc.(a)

     99,653         1,172,916   

FelCor Lodging Trust, Inc.(a)

     46,397         434,276   

First Industrial Realty Trust, Inc.(a)

     74,372         1,257,631   

First Potomac Realty Trust(a)

     105,070         1,234,572   

Franklin Street Properties Corp.(a)

     213,444         2,394,842   

Geo Group, Inc. (The)(a)

     164,976         6,305,383   

Getty Realty Corp.(a)

     48,499         824,483   

Gladstone Commercial Corp.(a)

     41,515         705,340   

Glimcher Realty Trust

     213,198         2,886,701   

Government Properties Income Trust(a)

     128,592         2,817,451   

Healthcare Realty Trust, Inc.

     180,695         4,278,858   

Healthcare Trust of America, Inc. Class A(a)

     351,645         4,079,082   

Hersha Hospitality Trust

     296,135         1,886,380   

Hudson Pacific Properties, Inc.

     44,809         1,104,990   

Inland Real Estate Corp.(a)

     188,050         1,863,575   

Investors Real Estate Trust

     206,852         1,592,760   

Kite Realty Group Trust

     40,058         971,006   

LTC Properties, Inc.

     66,005         2,434,924   

 

See Notes to Financial Statements.

 

62   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree SmallCap Dividend Fund (DES)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Mack-Cali Realty Corp.(a)

     166,522       $ 3,182,235   

Medical Properties Trust, Inc.(a)

     368,046         4,512,244   

Monmouth Real Estate Investment Corp. Class A

     97,008         981,721   

National Health Investors, Inc.(a)

     47,845         2,733,863   

One Liberty Properties, Inc.(a)

     34,835         704,712   

Parkway Properties, Inc.

     98,728         1,854,112   

Pebblebrook Hotel Trust(a)

     45,312         1,691,950   

Pennsylvania Real Estate Investment Trust

     96,136         1,916,952   

Physicians Realty Trust(a)

     22,927         314,558   

Post Properties, Inc.(a)

     53,957         2,770,152   

Potlatch Corp.(a)

     41,483         1,668,031   

Preferred Apartment Communities, Inc. Class A

     39,041         324,821   

PS Business Parks, Inc.(a)

     21,369         1,627,036   

Ramco-Gershenson Properties Trust

     108,740         1,767,025   

Retail Opportunity Investments Corp.(a)

     99,890         1,468,383   

Rouse Properties, Inc.(a)

     41,258         667,142   

Ryman Hospitality Properties, Inc.(a)

     82,184         3,887,303   

Sabra Health Care REIT, Inc.

     66,487         1,616,964   

Saul Centers, Inc.

     20,722         968,546   

Select Income REIT

     115,718         2,783,018   

Silver Bay Realty Trust Corp.

     3,185         51,629   

Sovran Self Storage, Inc.

     35,729         2,656,808   

STAG Industrial, Inc.(a)

     89,831         1,860,400   

Summit Hotel Properties, Inc.(a)

     151,185         1,629,774   

Sun Communities, Inc.(a)

     73,530         3,713,265   

Sunstone Hotel Investors, Inc.(a)

     94,452         1,305,327   

Terreno Realty Corp.(a)

     25,981         489,222   

UMH Properties, Inc.(a)

     55,490         527,155   

Universal Health Realty Income Trust(a)

     25,923         1,080,471   

Urstadt Biddle Properties, Inc. Class A(a)

     42,545         863,663   

Washington Real Estate Investment Trust(a)

     115,898         2,941,491   

Whitestone REIT(a)

     64,776         902,977   

Winthrop Realty Trust

     70,352         1,060,205   
     

 

 

 
Total Real Estate Investment Trusts (REITs)         145,161,014   
Real Estate Management & Development – 0.1%      

Alexander & Baldwin, Inc.(a)

     6,163         221,683   

Consolidated-Tomoka Land Co.(a)

     285         13,985   

Gladstone Land Corp.(a)

     18,895         226,929   

Griffin Land & Nurseries, Inc.(a)

     3,278         94,079   

Kennedy-Wilson Holdings, Inc.(a)

     36,249         868,526   
     

 

 

 
Total Real Estate Management & Development         1,425,202   
Road & Rail – 1.0%      

ArcBest Corp.(a)

     9,305         347,077   

Celadon Group, Inc.(a)

     9,072         176,450   

Con-way, Inc.(a)

     56,695         2,693,013   

Heartland Express, Inc.(a)

     36,792         881,536   

Knight Transportation, Inc.(a)

     103,515         2,835,276   

Marten Transport Ltd.(a)

     16,393         291,959   

Universal Truckload Services, Inc.(a)

     28,744         697,042   

Werner Enterprises, Inc.(a)

     57,064         1,438,013   
     

 

 

 
Total Road & Rail         9,360,366   
Investments    Shares      Value  
     
Semiconductors & Semiconductor Equipment – 2.0%      

Brooks Automation, Inc.(a)

     202,085       $ 2,123,913   

Cohu, Inc.(a)

     60,422         723,251   

Intersil Corp. Class A(a)

     528,689         7,512,671   

IXYS Corp.(a)

     28,713         301,486   

Micrel, Inc.(a)

     115,529         1,389,814   

MKS Instruments, Inc.(a)

     112,649         3,760,224   

Power Integrations, Inc.(a)

     17,038         918,519   

Tessera Technologies, Inc.

     109,431         2,908,676   
     

 

 

 
Total Semiconductors & Semiconductor Equipment               19,638,554   
Software – 1.8%      

American Software, Inc. Class A(a)

     96,697         852,868   

Blackbaud, Inc.(a)

     60,559         2,379,363   

Compuware Corp.

     951,337         10,093,686   

Digimarc Corp.(a)

     16,546         342,668   

Ebix, Inc.(a)

     80,759         1,145,163   

Epiq Systems, Inc.(a)

     78,571         1,379,707   

Fair Isaac Corp.(a)

     4,554         250,925   

Monotype Imaging Holdings, Inc.(a)

     31,094         880,582   

Pegasystems, Inc.

     18,002         344,018   

QAD, Inc. Class A

     21,275         396,140   
     

 

 

 
Total Software         18,065,120   
Specialty Retail – 2.1%      

Aaron’s, Inc.

     21,940         533,581   

bebe stores, Inc.(a)

     154,664         358,820   

Big 5 Sporting Goods Corp.(a)

     48,450         453,976   

Brown Shoe Co., Inc.(a)

     43,630         1,183,682   

Cato Corp. (The) Class A(a)

     18,877         650,501   

Destination Maternity Corp.

     33,657         519,664   

Finish Line, Inc. (The) Class A(a)

     51,173         1,280,860   

Group 1 Automotive, Inc.(a)

     23,058         1,676,547   

Haverty Furniture Cos., Inc.

     21,377         465,805   

Lithia Motors, Inc. Class A(a)

     16,973         1,284,686   

Men’s Wearhouse, Inc. (The)(a)

     65,595         3,097,396   

Monro Muffler Brake, Inc.(a)

     25,337         1,229,605   

Pier 1 Imports, Inc.(a)

     97,821         1,163,092   

Rent-A-Center, Inc.(a)

     130,828         3,970,630   

Shoe Carnival, Inc.(a)

     16,876         300,562   

Sonic Automotive, Inc. Class A(a)

     16,200         397,062   

Stage Stores, Inc.(a)

     73,249         1,253,290   

Stein Mart, Inc.(a)

     64,084         740,170   

Winmark Corp.(a)

     1,189         87,392   
     

 

 

 
Total Specialty Retail         20,647,321   
Technology Hardware, Storage & Peripherals – 1.8%      

Diebold, Inc.(a)

     221,932         7,838,638   

Lexmark International, Inc. Class A(a)

     221,634         9,419,445   

TransAct Technologies, Inc.(a)

     17,342         116,885   
     

 

 

 
Total Technology Hardware, Storage & Peripherals               17,374,968   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      63   


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree SmallCap Dividend Fund (DES)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Textiles, Apparel & Luxury Goods – 0.6%      

Cherokee, Inc.

     22,989       $ 418,630   

Columbia Sportswear Co.(a)

     92,566         3,312,012   

Culp, Inc.(a)

     9,652         175,184   

Movado Group, Inc.(a)

     13,752         454,641   

Oxford Industries, Inc.(a)

     15,034         916,924   

Rocky Brands, Inc.

     19,860         279,827   

Superior Uniform Group, Inc.(a)

     21,433         464,024   
     

 

 

 
Total Textiles, Apparel & Luxury Goods         6,021,242   
Thrifts & Mortgage Finance – 1.4%      

Astoria Financial Corp.(a)

     39,214         485,861   

Bank Mutual Corp.(a)

     25,614         164,186   

BankFinancial Corp.(a)

     4,507         46,783   

Berkshire Hills Bancorp, Inc.(a)

     22,820         536,042   

Brookline Bancorp, Inc.(a)

     88,223         754,307   

Cape Bancorp, Inc.(a)

     9,534         89,906   

Capitol Federal Financial, Inc.(a)

     123,501         1,459,782   

Clifton Bancorp, Inc.(a)

     16,195         203,895   

Dime Community Bancshares, Inc.(a)

     41,601         599,054   

ESB Financial Corp.(a)

     16,375         191,260   

ESSA Bancorp, Inc.(a)

     7,274         82,196   

EverBank Financial Corp.(a)

     28,115         496,511   

Federal Agricultural Mortgage Corp. Class C(a)

     4,357         140,034   

First Defiance Financial Corp.(a)

     4,998         134,996   

First Financial Northwest, Inc.

     8,204         83,763   

Fox Chase Bancorp, Inc.(a)

     7,244         118,150   

Heritage Financial Group, Inc.

     2,695         54,412   

Hingham Institution for Savings

     946         77,146   

Meta Financial Group, Inc.(a)

     2,667         94,038   

Northfield Bancorp, Inc.(a)

     37,273         507,658   

Northwest Bancshares, Inc.(a)

     112,476         1,360,960   

OceanFirst Financial Corp.(a)

     15,411         245,189   

Oritani Financial Corp.(a)

     67,748         954,569   

Provident Financial Holdings, Inc.

     8,880         129,559   

Provident Financial Services, Inc.

     64,657         1,058,435   

Pulaski Financial Corp.(a)

     12,877         148,086   

Radian Group, Inc.(a)

     4,140         59,036   

SI Financial Group, Inc.

     4,321         48,352   

Simplicity Bancorp, Inc.

     5,492         92,266   

Territorial Bancorp, Inc.(a)

     8,061         163,558   

TrustCo Bank Corp.(a)

     120,292         774,680   

United Financial Bancorp, Inc.

     45,453         576,799   

Washington Federal, Inc.(a)

     60,622         1,234,264   

Westfield Financial, Inc.

     23,224         163,961   

WSFS Financial Corp.(a)

     1,904         136,345   
     

 

 

 
Total Thrifts & Mortgage Finance         13,466,039   
Tobacco – 2.4%      

Universal Corp.(a)

     88,044         3,908,273   

Vector Group Ltd.(a)

     901,118         19,986,806   
     

 

 

 
Total Tobacco         23,895,079   
Trading Companies & Distributors – 2.1%      

Aceto Corp.(a)

     29,094         562,096   

Applied Industrial Technologies, Inc.(a)

     80,134         3,658,117   
Investments    Shares      Value  
     

GATX Corp.(a)

     110,731       $ 6,463,368   

Houston Wire & Cable Co.(a)

     60,973         730,457   

Kaman Corp.(a)

     44,033         1,730,497   

TAL International Group, Inc.*(a)

     169,116         6,976,035   
     

 

 

 
Total Trading Companies & Distributors         20,120,570   
Water Utilities – 1.1%      

American States Water Co.(a)

     107,973         3,284,539   

Artesian Resources Corp. Class A(a)

     28,746         578,944   

California Water Service Group(a)

     134,501         3,018,202   

Connecticut Water Service, Inc.(a)

     30,806         1,001,195   

Middlesex Water Co.(a)

     59,708         1,170,277   

SJW Corp.(a)

     50,211         1,349,170   

York Water Co.(a)

     33,407         668,140   
     

 

 

 
Total Water Utilities         11,070,467   
Wireless Telecommunication Services – 0.2%      

Shenandoah Telecommunications Co.(a)

     36,084         895,244   

Spok Holdings, Inc.

     78,548         1,021,910   
     

 

 

 
Total Wireless Telecommunication Services         1,917,154   

TOTAL COMMON STOCKS

(Cost: $903,668,968)

              977,056,239   
EXCHANGE-TRADED FUND – 0.2%      
United States – 0.2%      
WisdomTree MidCap Dividend Fund(a)(b) (Cost: $1,502,571)      21,350         1,671,171   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 30.1%      
United States – 30.1%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(c)

     
(Cost: $295,449,542)(d)      295,449,542         295,449,542   

TOTAL INVESTMENTS IN SECURITIES – 129.9%

(Cost: $1,200,621,081)

  

  

     1,274,176,952   

Liabilities in Excess of Cash and
Other Assets – (29.9)%

        (293,033,342
     

 

 

 
NET ASSETS – 100.0%             $ 981,143,610   
* 

Non-income producing security.

 

(a)

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b)

Affiliated company (See Note 7).

 

(c)

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(d)

At September 30, 2014, the total market value of the Fund’s securities on loan was $290,956,337 and the total market value of the collateral held by the Fund was $298,489,921. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $3,040,379.

 

See Notes to Financial Statements.

 

64   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited)

WisdomTree SmallCap Earnings Fund (EES)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 99.8%      
United States – 99.8%      
Aerospace & Defense – 1.8%      

AAR Corp.(a)

     20,267       $ 489,448   

American Science & Engineering, Inc.(a)

     3,106         172,010   

Astronics Corp.*(a)

     7,060         336,621   

Astronics Corp. Class B*

     1,494         70,946   

CPI Aerostructures, Inc.*

     3,750         36,937   

Cubic Corp.(a)

     21,595         1,010,646   

Ducommun, Inc.*(a)

     9,003         246,772   

Engility Holdings, Inc.*

     22,924         714,541   

Erickson, Inc.*(a)

     7,338         95,321   

GenCorp, Inc.*(a)

     118,178         1,887,303   

LMI Aerospace, Inc.*(a)

     7,235         92,608   

National Presto Industries, Inc.(a)

     5,070         307,800   

Orbital Sciences Corp.*

     38,357         1,066,324   

Sparton Corp.*

     7,989         196,929   

Taser International, Inc.*(a)

     13,848         213,813   
     

 

 

 
Total Aerospace & Defense         6,938,019   
Air Freight & Logistics – 1.1%      

Air Transport Services Group, Inc.*(a)

     56,972         414,756   

Atlas Air Worldwide Holdings, Inc.*(a)

     41,039         1,355,108   

Echo Global Logistics, Inc.*(a)

     10,461         246,357   

Forward Air Corp.

     17,534         786,049   

Hub Group, Inc. Class A*

     25,679         1,040,770   

Park-Ohio Holdings Corp.(a)

     9,171         438,924   
     

 

 

 
Total Air Freight & Logistics         4,281,964   
Airlines – 0.5%      

Hawaiian Holdings, Inc.*(a)

     52,532         706,555   

Republic Airways Holdings, Inc.*(a)

     65,728         730,238   

SkyWest, Inc.(a)

     59,388         462,039   
     

 

 

 
Total Airlines         1,898,832   
Auto Components – 3.0%      

American Axle & Manufacturing Holdings, Inc.*(a)

     263,566         4,420,002   

Cooper Tire & Rubber Co.(a)

     151,868         4,358,611   

Cooper-Standard Holding, Inc.*(a)

     10,363         646,651   

Drew Industries, Inc.(a)

     11,825         498,897   

Gentherm, Inc.*(a)

     13,282         560,899   

Modine Manufacturing Co.*(a)

     3,546         42,091   

Standard Motor Products, Inc.(a)

     18,608         640,673   

Stoneridge, Inc.*(a)

     18,177         204,855   

Strattec Security Corp.(a)

     2,639         214,683   

Superior Industries International, Inc.(a)

     13,297         233,096   
     

 

 

 
Total Auto Components         11,820,458   
Automobiles – 0.1%      

Winnebago Industries, Inc.*(a)

     9,649         210,059   
Banks – 11.1%      

1st Source Corp.(a)

     19,120         544,538   

1st United Bancorp, Inc.(a)

     9,860         84,007   

Access National Corp.

     9,457         153,487   

American National Bankshares, Inc.(a)

     8,398         191,054   

Ameris Bancorp

     14,336         314,675   
Investments    Shares      Value  
     

Arrow Financial Corp.(a)

     11,713       $ 293,647   

BancFirst Corp.(a)

     8,434         527,631   

Bancorp, Inc.*(a)

     19,714         169,343   

Bank of Kentucky Financial Corp.

     7,272         336,185   

Banner Corp.

     15,177         583,859   

BBCN Bancorp, Inc.

     71,762         1,047,008   

Boston Private Financial Holdings, Inc.(a)

     39,036         483,656   

Bridge Bancorp, Inc.(a)

     6,740         159,401   

Bridge Capital Holdings*(a)

     8,747         198,907   

Bryn Mawr Bank Corp.(a)

     11,263         319,081   

C&F Financial Corp.

     4,550         151,378   

Camden National Corp.(a)

     7,168         250,880   

Capital Bank Financial Corp. Class A*(a)

     19,058         455,105   

Cardinal Financial Corp.(a)

     26,902         459,217   

Centerstate Banks, Inc.(a)

     16,926         175,184   

Chemical Financial Corp.

     23,611         634,900   

City Holding Co.(a)

     13,710         577,602   

CNB Financial Corp.(a)

     11,350         178,195   

CoBiz Financial, Inc.(a)

     31,127         348,000   

Columbia Banking System, Inc.(a)

     27,154         673,691   

Community Bank System, Inc.(a)

     28,415         954,460   

Community Trust Bancorp, Inc.(a)

     16,063         540,199   

ConnectOne Bancorp, Inc.

     16,862         321,221   

Customers Bancorp, Inc.*(a)

     24,157         433,860   

Enterprise Bancorp, Inc.

     6,857         129,186   

Enterprise Financial Services Corp.(a)

     16,653         278,438   

Farmers Capital Bank Corp.*

     7,486         168,660   

Fidelity Southern Corp.(a)

     21,618         296,167   

Financial Institutions, Inc.(a)

     14,600         328,208   

First Bancorp, Inc.(a)

     8,263         137,744   

First Busey Corp.(a)

     55,022         306,473   

First Commonwealth Financial Corp.(a)

     64,199         538,630   

First Community Bancshares, Inc.

     16,601         237,228   

First Connecticut Bancorp, Inc.(a)

     4,470         64,815   

First Financial Bancorp(a)

     47,200         747,176   

First Financial Corp.(a)

     11,695         361,960   

First Interstate BancSystem, Inc.

     36,658         974,003   

First Merchants Corp.(a)

     25,963         524,712   

First Midwest Bancorp, Inc.(a)

     57,588         926,591   

First NBC Bank Holding Co.*

     13,911         455,585   

Flushing Financial Corp.(a)

     23,617         431,483   

German American Bancorp, Inc.(a)

     11,980         309,204   

Great Southern Bancorp, Inc.(a)

     10,511         318,904   

Hanmi Financial Corp.

     27,581         556,033   

Heartland Financial USA, Inc.(a)

     14,087         336,398   

Heritage Financial Corp.

     21,596         342,081   

HomeTrust Bancshares, Inc.*

     9,813         143,368   

Horizon Bancorp(a)

     9,612         221,460   

Hudson Valley Holding Corp.(a)

     8,625         156,544   

Independent Bank Corp.(a)

     18,141         647,996   

Independent Bank Group, Inc.(a)

     6,164         292,482   

Intervest Bancshares Corp.

     20,159         192,720   

Lakeland Bancorp, Inc.(a)

     28,097         274,227   

Lakeland Financial Corp.(a)

     13,765         516,187   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      65   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree SmallCap Earnings Fund (EES)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

MainSource Financial Group, Inc.(a)

     21,203       $ 365,752   

Mercantile Bank Corp.(a)

     8,517         162,249   

Merchants Bancshares, Inc.(a)

     6,408         180,641   

Metro Bancorp, Inc.*

     10,308         249,969   

MidSouth Bancorp, Inc.(a)

     8,636         161,493   

MidWestOne Financial Group, Inc.(a)

     7,572         174,232   

National Bank Holdings Corp. Class A(a)

     6,263         119,749   

National Penn Bancshares, Inc.(a)

     71,107         690,449   

NBT Bancorp, Inc.(a)

     30,322         682,851   

NewBridge Bancorp*(a)

     21,710         164,779   

Northrim BanCorp, Inc.(a)

     5,370         141,929   

OFG Bancorp(a)

     44,042         659,749   

Old National Bancorp

     90,205         1,169,959   

OmniAmerican Bancorp, Inc.

     3,556         92,420   

Pacific Continental Corp.(a)

     12,202         156,796   

Pacific Premier Bancorp, Inc.*(a)

     8,374         117,655   

Park National Corp.(a)

     10,037         756,990   

Park Sterling Corp.(a)

     24,210         160,512   

Penns Woods Bancorp, Inc.(a)

     3,668         154,973   

Peoples Bancorp, Inc.(a)

     10,340         245,575   

Pinnacle Financial Partners, Inc.

     23,739         856,978   

Preferred Bank*

     12,068         271,771   

Renasant Corp.(a)

     13,831         374,129   

Republic Bancorp, Inc. Class A(a)

     11,395         269,948   

S&T Bancorp, Inc.(a)

     25,699         602,898   

Sandy Spring Bancorp, Inc.

     22,499         515,002   

Sierra Bancorp(a)

     9,589         160,712   

Simmons First National Corp. Class A(a)

     10,735         413,512   

South State Corp.

     8,439         471,909   

Southside Bancshares, Inc.(a)

     18,818         625,698   

Southwest Bancorp, Inc.(a)

     9,886         162,130   

Sterling Bancorp(a)

     27,573         352,659   

Stock Yards Bancorp, Inc.(a)

     11,829         356,053   

Suffolk Bancorp(a)

     6,585         127,815   

Tompkins Financial Corp.(a)

     10,722         472,626   

TowneBank(a)

     21,144         287,135   

Trico Bancshares(a)

     13,091         296,118   

Tristate Capital Holdings, Inc.*(a)

     10,282         93,258   

Union Bankshares Corp.(a)

     34,502         796,996   

United Bankshares, Inc.(a)

     49,774         1,539,510   

United Community Banks, Inc.(a)

     126,445         2,081,285   

Univest Corp. of Pennsylvania(a)

     14,524         272,325   

ViewPoint Financial Group, Inc.(a)

     18,097         433,242   

Washington Trust Bancorp, Inc.(a)

     12,129         400,136   

WesBanco, Inc.(a)

     27,053         827,551   

West Bancorp, Inc.(a)

     12,003         169,602   

Westamerica Bancorp(a)

     17,493         813,774   

Wilshire Bancorp, Inc.(a)

     64,200         592,566   
     

 

 

 
Total Banks         44,021,094   
Beverages – 0.1%      

Coca-Cola Bottling Co. Consolidated

     5,674         423,451   

Craft Brew Alliance, Inc.*(a)

     1,229         17,697   
     

 

 

 
Total Beverages         441,148   
Investments    Shares      Value  
     
Biotechnology – 1.8%      

Acorda Therapeutics, Inc.*(a)

     66,653       $ 2,258,204   

BioSpecifics Technologies Corp.*

     3,117         110,030   

Emergent Biosolutions, Inc.*(a)

     19,004         404,975   

Hyperion Therapeutics, Inc.*

     5,201         131,169   

Insys Therapeutics, Inc.*

     8,320         322,650   

Ligand Pharmaceuticals, Inc.*(a)

     2,973         139,701   

Organovo Holdings, Inc.*(a)

     23,946         152,536   

PDL BioPharma, Inc.(a)

     418,050         3,122,834   

Repligen Corp.*(a)

     24,521         488,213   
     

 

 

 
Total Biotechnology         7,130,312   
Building Products – 0.7%      

AAON, Inc.(a)

     25,693         437,038   

American Woodmark Corp.*

     7,162         263,991   

Apogee Enterprises, Inc.(a)

     8,735         347,653   

Gibraltar Industries, Inc.*(a)

     11,246         153,958   

Griffon Corp.(a)

     8,814         100,392   

Insteel Industries, Inc.(a)

     8,741         179,715   

Patrick Industries, Inc.*

     11,019         466,765   

PGT, Inc.*

     33,056         308,082   

Trex Co., Inc.*(a)

     5,885         203,444   

Universal Forest Products, Inc.

     8,947         382,126   
     

 

 

 
Total Building Products         2,843,164   
Capital Markets – 1.3%      

Calamos Asset Management, Inc. Class A(a)

     16,084         181,267   

CorEnergy Infrastructure Trust, Inc.(a)

     4,640         34,707   

Diamond Hill Investment Group, Inc.(a)

     2,377         292,490   

FXCM, Inc. Class A(a)

     13,158         208,554   

Greenhill & Co., Inc.(a)

     10,936         508,415   

HFF, Inc. Class A

     25,694         743,841   

INTL FCStone, Inc.*(a)

     17,190         297,731   

Investment Technology Group, Inc.*(a)

     9,595         151,217   

JMP Group, Inc.(a)

     9,042         56,693   

Manning & Napier, Inc.

     1,167         19,594   

Oppenheimer Holdings, Inc. Class A

     10,630         215,257   

Piper Jaffray Cos.*(a)

     12,015         627,664   

Walter Investment Management Corp.*(a)

     73,389         1,610,889   

Westwood Holdings Group, Inc.

     3,985         225,910   
     

 

 

 
Total Capital Markets         5,174,229   
Chemicals – 2.1%      

A. Schulman, Inc.(a)

     13,896         502,479   

American Vanguard Corp.(a)

     26,419         295,893   

Calgon Carbon Corp.*(a)

     30,546         591,981   

Chase Corp.(a)

     4,025         125,258   

Flotek Industries, Inc.*(a)

     34,079         888,440   

FutureFuel Corp.(a)

     47,957         570,209   

Hawkins, Inc.(a)

     5,999         215,724   

Innophos Holdings, Inc.

     12,482         687,633   

Innospec, Inc.(a)

     19,209         689,603   

Intrepid Potash, Inc.*(a)

     40,865         631,364   

KMG Chemicals, Inc.(a)

     6,670         108,588   

Koppers Holdings, Inc.

     17,368         575,923   

Landec Corp.*(a)

     16,100         197,225   

 

See Notes to Financial Statements.

 

66   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree SmallCap Earnings Fund (EES)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

LSB Industries, Inc.*(a)

     3,591       $ 128,235   

OMNOVA Solutions, Inc.*(a)

     18,014         96,735   

Penford Corp.*

     4,291         56,512   

Quaker Chemical Corp.(a)

     9,891         709,086   

Stepan Co.

     16,104         714,696   

Trecora Resources*(a)

     13,093         162,091   

Tredegar Corp.(a)

     18,830         346,660   

Zep, Inc.(a)

     11,584         162,408   
     

 

 

 
Total Chemicals         8,456,743   
Commercial Services & Supplies – 2.3%      

ABM Industries, Inc.

     41,881         1,075,923   

ACCO Brands Corp.*(a)

     22,728         156,823   

Brink’s Co. (The)(a)

     48,704         1,170,844   

CECO Environmental Corp.(a)

     8,129         108,929   

Courier Corp.

     8,562         105,484   

Ennis, Inc.

     23,346         307,467   

Fuel Tech, Inc.*(a)

     6,716         28,543   

G&K Services, Inc. Class A

     10,807         598,492   

Heritage-Crystal Clean, Inc.*(a)

     1,372         20,388   

InnerWorkings, Inc.*(a)

     107,356         868,510   

Interface, Inc.

     27,263         440,025   

Intersections, Inc.(a)

     7,886         30,282   

Kimball International, Inc. Class B(a)

     20,256         304,853   

Knoll, Inc.(a)

     31,377         543,136   

Matthews International Corp. Class A(a)

     19,195         842,469   

McGrath RentCorp(a)

     15,447         528,287   

Multi-Color Corp.(a)

     11,630         528,932   

Performant Financial Corp.*(a)

     47,046         380,132   

SP Plus Corp.*

     614         11,641   

Team, Inc.*(a)

     10,131         384,066   

U.S. Ecology, Inc.

     10,753         502,810   

Viad Corp.

     3,094         63,891   
     

 

 

 
Total Commercial Services & Supplies         9,001,927   
Communications Equipment – 0.9%      

ADTRAN, Inc.(a)

     17,013         349,277   

Bel Fuse, Inc. Class B(a)

     4,187         103,586   

Black Box Corp.(a)

     15,196         354,371   

CalAmp Corp.*(a)

     22,638         398,882   

Clearfield, Inc.*(a)

     3,220         40,991   

Comtech Telecommunications Corp.(a)

     6,954         258,341   

Digi International, Inc.*

     7,187         53,902   

Harmonic, Inc.*(a)

     57,742         366,084   

Ixia*(a)

     19,972         182,544   

KVH Industries, Inc.*(a)

     6,755         76,467   

NETGEAR, Inc.*(a)

     27,701         865,656   

Numerex Corp. Class A*(a)

     1,540         16,139   

Oplink Communications, Inc.(a)

     8,408         141,423   

Ruckus Wireless, Inc.*(a)

     2,600         34,736   

TESSCO Technologies, Inc.

     5,983         173,447   
     

 

 

 
Total Communications Equipment         3,415,846   
Construction & Engineering – 1.4%      

Aegion Corp.*(a)

     29,276         651,391   

Ameresco, Inc. Class A*(a)

     10,005         68,534   
Investments    Shares      Value  
     

Argan, Inc.(a)

     15,495       $ 517,223   

Comfort Systems USA, Inc.(a)

     17,616         238,697   

Dycom Industries, Inc.*(a)

     20,279         622,768   

Furmanite Corp.*

     17,865         120,767   

MYR Group, Inc.*

     19,671         473,678   

Northwest Pipe Co.*(a)

     7,918         270,004   

Pike Corp.*(a)

     38,021         452,070   

Primoris Services Corp.(a)

     30,383         815,480   

Tutor Perini Corp.*

     57,184         1,509,657   
     

 

 

 
Total Construction & Engineering         5,740,269   
Construction Materials – 0.1%      

Headwaters, Inc.*(a)

     11,915         149,414   

United States Lime & Minerals, Inc.

     3,759         218,511   
     

 

 

 
Total Construction Materials         367,925   
Consumer Finance – 1.6%      

Cash America International, Inc.(a)

     55,979         2,451,880   

Encore Capital Group, Inc.*(a)

     21,720         962,413   

EZCORP, Inc. Class A*(a)

     114,609         1,135,775   

Green Dot Corp. Class A*(a)

     21,518         454,891   

Regional Management Corp.*(a)

     11,022         197,845   

World Acceptance Corp.*(a)

     16,632         1,122,660   
     

 

 

 
Total Consumer Finance         6,325,464   
Containers & Packaging – 0.1%      

AEP Industries, Inc.*(a)

     4,101         155,305   

Myers Industries, Inc.(a)

     21,493         379,136   
     

 

 

 
Total Containers & Packaging         534,441   
Distributors – 0.3%      

Core-Mark Holding Co., Inc.(a)

     13,630         722,935   

VOXX International Corp.*(a)

     19,405         180,466   

Weyco Group, Inc.(a)

     6,405         160,830   
     

 

 

 
Total Distributors         1,064,231   
Diversified Consumer Services – 0.9%      

American Public Education, Inc.*(a)

     14,774         398,750   

Bridgepoint Education, Inc.*(a)

     52,021         580,554   

Capella Education Co.(a)

     7,079         443,145   

Carriage Services, Inc.(a)

     11,756         203,732   

Collectors Universe, Inc.(a)

     5,809         127,798   

Corinthian Colleges, Inc.*

     16,354         1,807   

ITT Educational Services, Inc.*(a)

     30,615         131,338   

K12, Inc.*

     11,107         177,268   

LifeLock, Inc.*(a)

     2,675         38,226   

Strayer Education, Inc.*

     20,955         1,254,786   

Universal Technical Institute, Inc.(a)

     5,001         46,759   
     

 

 

 
Total Diversified Consumer Services         3,404,163   
Diversified Financial Services – 0.8%      

Gain Capital Holdings, Inc.(a)

     42,941         273,534   

Interactive Brokers Group, Inc. Class A(a)

     24,313         606,609   

Marlin Business Services Corp.

     8,387         153,650   

NewStar Financial, Inc.*(a)

     20,475         230,139   

PHH Corp.*(a)

     84,756         1,895,144   
     

 

 

 
Total Diversified Financial Services         3,159,076   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      67   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree SmallCap Earnings Fund (EES)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Diversified Telecommunication Services – 0.9%      

8x8, Inc.*(a)

     8,794       $ 58,744   

Atlantic Tele-Network, Inc.(a)

     6,089         328,197   

Consolidated Communications Holdings, Inc.(a)

     20,426         511,671   

General Communication, Inc. Class A*(a)

     23,410         255,403   

Inteliquent, Inc.(a)

     18,464         229,877   

Iridium Communications, Inc.*(a)

     138,208         1,223,141   

Lumos Networks Corp.(a)

     8,926         145,047   

Premiere Global Services, Inc.*

     37,047         443,453   

Vonage Holdings Corp.*(a)

     154,764         507,626   
     

 

 

 
Total Diversified Telecommunication Services         3,703,159   
Electric Utilities – 1.1%      

El Paso Electric Co.(a)

     38,510         1,407,541   

Empire District Electric Co. (The)(a)

     37,040         894,516   

MGE Energy, Inc.(a)

     28,053         1,045,255   

Otter Tail Corp.(a)

     26,717         712,542   

Unitil Corp.(a)

     9,301         289,168   
     

 

 

 
Total Electric Utilities         4,349,022   
Electrical Equipment – 0.6%      

AZZ, Inc.

     15,022         627,469   

Encore Wire Corp.(a)

     11,071         410,623   

Global Power Equipment Group, Inc.(a)

     11,407         169,964   

GrafTech International Ltd.*

     47,289         216,584   

LSI Industries, Inc.

     3,125         18,969   

Orion Energy Systems, Inc.*(a)

     5,484         29,339   

Powell Industries, Inc.(a)

     7,001         286,061   

PowerSecure International, Inc.*(a)

     6,600         63,228   

Preformed Line Products Co.

     4,199         221,539   

Thermon Group Holdings, Inc.*(a)

     8,588         209,719   
     

 

 

 
Total Electrical Equipment         2,253,495   
Electronic Equipment, Instruments & Components – 3.4%      

Agilysys, Inc.*(a)

     1,478         17,337   

Badger Meter, Inc.(a)

     6,147         310,116   

Benchmark Electronics, Inc.*

     38,366         852,109   

Coherent, Inc.*(a)

     12,858         789,096   

Daktronics, Inc.(a)

     20,232         248,651   

Electro Rent Corp.

     17,628         242,738   

FARO Technologies, Inc.*(a)

     5,171         262,428   

II-VI, Inc.*(a)

     36,718         432,171   

Insight Enterprises, Inc.*(a)

     42,425         960,078   

InvenSense, Inc.*(a)

     44,095         869,994   

Itron, Inc.*(a)

     8,229         323,482   

Key Tronic Corp.*

     10,072         106,461   

Maxwell Technologies, Inc.*(a)

     22,507         196,261   

Measurement Specialties, Inc.*

     8,328         712,960   

Mesa Laboratories, Inc.(a)

     1,544         89,212   

Methode Electronics, Inc.

     14,250         525,398   

MTS Systems Corp.(a)

     11,760         802,738   

OSI Systems, Inc.*(a)

     12,111         768,806   

Park Electrochemical Corp.(a)

     10,928         257,354   

PC Connection, Inc.

     13,584         291,649   

PCM, Inc.*

     9,076         88,673   

Plexus Corp.*(a)

     26,723         986,880   
Investments    Shares      Value  
     

RF Industries Ltd.(a)

     6,994       $ 34,480   

Rofin-Sinar Technologies, Inc.*(a)

     18,780         433,067   

Rogers Corp.*(a)

     7,803         427,292   

Sanmina Corp.*

     54,212         1,130,862   

ScanSource, Inc.*(a)

     17,797         615,598   

TTM Technologies, Inc.*(a)

     22,427         152,728   

Universal Display Corp.*(a)

     8,936         291,671   

Vishay Precision Group, Inc.*(a)

     7,819         116,816   
     

 

 

 
Total Electronic Equipment, Instruments & Components               13,337,106   
Energy Equipment & Services – 1.4%      

Bolt Technology Corp.

     4,792         105,136   

C&J Energy Services, Inc.*(a)

     55,816         1,705,179   

Dawson Geophysical Co.

     4,376         79,556   

Era Group, Inc.*(a)

     8,068         175,479   

Geospace Technologies Corp.*(a)

     10,205         358,706   

Gulf Island Fabrication, Inc.(a)

     1,451         24,957   

Gulfmark Offshore, Inc. Class A(a)

     10,411         326,385   

Hercules Offshore, Inc.*(a)

     145,685         320,507   

Key Energy Services, Inc.*(a)

     9,795         47,408   

Matrix Service Co.*

     16,350         394,362   

Mitcham Industries, Inc.*

     7,090         78,344   

Natural Gas Services Group, Inc.*

     6,833         164,470   

Newpark Resources, Inc.*(a)

     73,036         908,568   

Parker Drilling Co.*(a)

     9,096         44,934   

PHI, Inc. Non-Voting Shares*(a)

     11,532         474,542   

RigNet, Inc.*(a)

     4,604         186,232   

TETRA Technologies, Inc.*(a)

     4,257         46,061   

TGC Industries, Inc.*(a)

     6,108         23,516   
     

 

 

 
Total Energy Equipment & Services         5,464,342   
Food & Staples Retailing – 0.5%      

Andersons, Inc. (The)

     16,740         1,052,611   

Chefs’ Warehouse, Inc. (The)*(a)

     8,435         137,153   

Ingles Markets, Inc. Class A

     8,107         192,055   

Natural Grocers by Vitamin Cottage, Inc.*(a)

     3,851         62,694   

Roundy’s, Inc.(a)

     48,017         143,571   

SpartanNash Co.(a)

     15,198         295,601   

Village Super Market, Inc. Class A

     10,365         236,115   
     

 

 

 
Total Food & Staples Retailing         2,119,800   
Food Products – 1.9%      

Alico, Inc.(a)

     2,848         108,509   

Annie’s, Inc.*(a)

     3,962         181,856   

Boulder Brands, Inc.*(a)

     7,716         105,169   

Cal-Maine Foods, Inc.(a)

     16,557         1,479,037   

Calavo Growers, Inc.(a)

     8,544         385,676   

Dean Foods Co.(a)

     101,245         1,341,496   

Inventure Foods, Inc.*(a)

     7,195         93,247   

J&J Snack Foods Corp.

     10,081         943,178   

John B. Sanfilippo & Son, Inc.

     9,684         313,374   

Lifeway Foods, Inc.(a)

     5,276         73,178   

Limoneira Co.

     3,081         72,989   

Omega Protein Corp.*

     21,496         268,700   

Post Holdings, Inc.*(a)

     2,840         94,231   

Sanderson Farms, Inc.(a)

     17,872         1,571,843   

 

See Notes to Financial Statements.

 

68   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree SmallCap Earnings Fund (EES)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Seneca Foods Corp. Class A*(a)

     11,329       $ 324,010   
     

 

 

 
Total Food Products         7,356,493   
Gas Utilities – 0.5%      

Chesapeake Utilities Corp.(a)

     11,386         474,341   

Laclede Group, Inc. (The)(a)

     17,335         804,344   

Northwest Natural Gas Co.(a)

     19,290         815,002   
     

 

 

 
Total Gas Utilities         2,093,687   
Health Care Equipment & Supplies – 1.6%      

Abaxis, Inc.(a)

     6,999         354,919   

ABIOMED, Inc.*(a)

     3,287         81,616   

Analogic Corp.(a)

     4,705         300,932   

Anika Therapeutics, Inc.*(a)

     7,350         269,451   

Atrion Corp.(a)

     1,296         395,293   

Cantel Medical Corp.

     15,855         545,095   

CONMED Corp.

     12,799         471,515   

CryoLife, Inc.

     11,399         112,508   

Exactech, Inc.*

     8,340         190,903   

Greatbatch, Inc.*

     6,869         292,688   

ICU Medical, Inc.*(a)

     8,408         539,626   

Integra LifeSciences Holdings Corp.*(a)

     4,283         212,608   

Masimo Corp.*(a)

     30,971         659,063   

Medical Action Industries, Inc.*(a)

     4,302         59,282   

Meridian Bioscience, Inc.(a)

     20,799         367,934   

Merit Medical Systems, Inc.*(a)

     11,375         135,135   

Natus Medical, Inc.*

     11,712         345,621   

NuVasive, Inc.*(a)

     4,505         157,089   

PhotoMedex, Inc.*(a)

     23,182         143,728   

Quidel Corp.*(a)

     7,753         208,323   

SurModics, Inc.*(a)

     7,811         141,848   

Utah Medical Products, Inc.(a)

     2,726         132,920   

Vascular Solutions, Inc.*(a)

     7,224         178,433   
     

 

 

 
Total Health Care Equipment & Supplies         6,296,530   
Health Care Providers & Services – 3.6%      

Addus HomeCare Corp.*(a)

     6,885         134,946   

Almost Family, Inc.*(a)

     5,366         145,794   

Amedisys, Inc.*(a)

     20,563         414,756   

AMN Healthcare Services, Inc.*(a)

     31,919         501,128   

Amsurg Corp.*(a)

     20,196         1,010,810   

Bio-Reference Laboratories, Inc.*(a)

     24,258         680,679   

Chemed Corp.(a)

     17,987         1,850,862   

Corvel Corp.*

     9,155         311,728   

Ensign Group, Inc. (The)(a)

     4,422         153,886   

Five Star Quality Care, Inc.*

     24,155         91,064   

Hanger, Inc.*(a)

     24,369         500,052   

IPC The Hospitalist Co., Inc.*(a)

     8,944         400,602   

Landauer, Inc.

     3,835         126,593   

LHC Group, Inc.*(a)

     14,740         341,968   

Magellan Health, Inc.*(a)

     34,939         1,912,211   

Molina Healthcare, Inc.*(a)

     33,966         1,436,762   

National Research Corp. Class B(a)

     3,448         127,921   

PharMerica Corp.*(a)

     24,560         600,001   

Providence Service Corp. (The)*(a)

     9,891         478,527   

Select Medical Holdings Corp.(a)

     161,719         1,945,480   

Triple-S Management Corp. Class B*(a)

     36,815         732,619   
Investments    Shares      Value  
     

U.S. Physical Therapy, Inc.(a)

     7,183       $ 254,206   

Universal American Corp.(a)

     7,687         61,803   
     

 

 

 
Total Health Care Providers & Services         14,214,398   
Health Care Technology – 0.3%      

Computer Programs & Systems, Inc.(a)

     7,124         409,559   

HealthStream, Inc.*

     3,514         84,371   

MedAssets, Inc.*(a)

     4,054         83,999   

Omnicell, Inc.*

     12,626         345,069   

Quality Systems, Inc.

     33,686         463,856   
     

 

 

 
Total Health Care Technology         1,386,854   
Hotels, Restaurants & Leisure – 2.7%      

Biglari Holdings, Inc.*

     410         139,302   

BJ’s Restaurants, Inc.*(a)

     12,893         464,019   

Bob Evans Farms, Inc.(a)

     20,894         989,122   

Bravo Brio Restaurant Group, Inc.*(a)

     12,796         165,964   

Churchill Downs, Inc.

     9,274         904,215   

Chuy’s Holdings, Inc.*(a)

     4,474         140,439   

Del Frisco’s Restaurant Group, Inc.*

     9,420         180,299   

DineEquity, Inc.

     10,275         838,337   

Einstein Noah Restaurant Group, Inc.

     11,421         230,247   

Fiesta Restaurant Group, Inc.*(a)

     4,788         237,868   

International Speedway Corp. Class A(a)

     21,040         665,705   

Interval Leisure Group, Inc.(a)

     35,061         667,912   

Kona Grill, Inc.*

     3,149         62,130   

Krispy Kreme Doughnuts, Inc.*(a)

     16,177         277,597   

Marcus Corp. (The)

     22,227         351,187   

Monarch Casino & Resort, Inc.*

     12,302         146,517   

Multimedia Games Holding Co., Inc.*(a)

     16,011         576,556   

Nathan’s Famous, Inc.*(a)

     1,694         114,667   

Noodles & Co.*(a)

     1,962         37,651   

Penn National Gaming, Inc.*(a)

     135,840         1,522,766   

Popeyes Louisiana Kitchen, Inc.*

     12,788         517,914   

Red Robin Gourmet Burgers, Inc.*(a)

     5,960         339,124   

Ruth’s Hospitality Group, Inc.(a)

     20,920         230,957   

Sonic Corp.*(a)

     23,804         532,257   

Speedway Motorsports, Inc.(a)

     14,162         241,604   

Town Sports International Holdings, Inc.(a)

     11,528         77,238   
     

 

 

 
Total Hotels, Restaurants & Leisure         10,651,594   
Household Durables – 2.8%      

Bassett Furniture Industries, Inc.

     14,989         204,750   

Cavco Industries, Inc.*(a)

     1,725         117,300   

CSS Industries, Inc.(a)

     8,818         213,837   

Dixie Group, Inc. (The)*(a)

     3,103         26,903   

Ethan Allen Interiors, Inc.(a)

     14,703         335,228   

Flexsteel Industries, Inc.(a)

     7,141         240,866   

Hooker Furniture Corp.

     7,219         109,801   

iRobot Corp.*(a)

     6,977         212,450   

KB Home(a)

     16,216         242,267   

La-Z-Boy, Inc.

     27,350         541,257   

Libbey, Inc.*(a)

     16,217         425,858   

Lifetime Brands, Inc.(a)

     9,108         139,443   

M/I Homes, Inc.*(a)

     80,946         1,604,350   

MDC Holdings, Inc.(a)

     142,847         3,616,886   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      69   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree SmallCap Earnings Fund (EES)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Meritage Homes Corp.*(a)

     54,283       $ 1,927,046   

NACCO Industries, Inc. Class A(a)

     6,258         311,210   

Skullcandy, Inc.*(a)

     13,805         107,541   

TRI Pointe Homes, Inc.*(a)

     9,894         128,028   

Universal Electronics, Inc.*

     7,456         368,103   

William Lyon Homes Class A*(a)

     6,219         137,440   

ZAGG, Inc.*(a)

     24,628         137,424   
     

 

 

 
Total Household Durables         11,147,988   
Household Products – 0.2%      

Central Garden and Pet Co. Class A*(a)

     23,295         187,292   

Oil-Dri Corp. of America(a)

     5,320         138,692   

Orchids Paper Products Co.(a)

     5,426         133,263   

WD-40 Co.(a)

     7,328         498,011   
     

 

 

 
Total Household Products         957,258   
Industrial Conglomerates – 0.1%      

Raven Industries, Inc.(a)

     14,837         362,023   
Insurance – 3.2%      

American Equity Investment Life Holding Co.(a)

     130,314         2,981,584   

AMERISAFE, Inc.(a)

     11,986         468,772   

Baldwin & Lyons, Inc. Class B

     12,135         299,735   

Citizens, Inc.*(a)

     6,197         40,033   

eHealth, Inc.*

     2,075         50,070   

EMC Insurance Group, Inc.(a)

     9,745         281,436   

Employers Holdings, Inc.

     61,856         1,190,728   

HCI Group, Inc.(a)

     17,243         620,576   

Horace Mann Educators Corp.(a)

     42,483         1,211,190   

Infinity Property & Casualty Corp.(a)

     3,019         193,246   

Investors Title Co.(a)

     2,590         189,588   

National Interstate Corp.(a)

     9,648         269,179   

Navigators Group, Inc. (The)*

     12,617         775,945   

Safety Insurance Group, Inc.(a)

     12,806         690,371   

Selective Insurance Group, Inc.(a)

     34,719         768,679   

Stewart Information Services Corp.(a)

     47,747         1,401,374   

United Fire Group, Inc.(a)

     21,319         592,029   

Universal Insurance Holdings, Inc.(a)

     46,355         599,370   
     

 

 

 
Total Insurance         12,623,905   
Internet & Catalog Retail – 0.2%      

1-800-Flowers.com, Inc. Class A*(a)

     43,029         309,378   

Blue Nile, Inc.*(a)

     3,005         85,793   

Nutrisystem, Inc.(a)

     4,160         63,939   

Overstock.com, Inc.*(a)

     11,246         189,608   

PetMed Express, Inc.(a)

     16,067         218,511   
     

 

 

 
Total Internet & Catalog Retail         867,229   
Internet Software & Services – 1.3%      

Blucora, Inc.*(a)

     14,655         223,342   

Constant Contact, Inc.*(a)

     4,675         126,880   

Conversant, Inc.*(a)

     54,504         1,866,762   

Dice Holdings, Inc.*(a)

     60,259         504,970   

Envestnet, Inc.*(a)

     1,328         59,760   

Liquidity Services, Inc.*(a)

     25,843         355,341   

Monster Worldwide, Inc.*(a)

     39,646         218,053   

Move, Inc.*(a)

     2,601         54,517   

NIC, Inc.

     19,963         343,763   
Investments    Shares      Value  
     

Perficient, Inc.*

     12,614       $ 189,084   

Reis, Inc.(a)

     6,670         157,345   

SPS Commerce, Inc.*(a)

     253         13,447   

Stamps.com, Inc.*

     11,253         357,395   

Support.com, Inc.*

     30,332         65,517   

Travelzoo, Inc.*(a)

     11,412         176,886   

United Online, Inc.

     19,188         210,109   

XO Group, Inc.*(a)

     11,175         125,272   

Xoom Corp.*(a)

     1,697         37,249   

Zix Corp.*(a)

     30,884         105,623   
     

 

 

 
Total Internet Software & Services         5,191,315   
IT Services – 2.9%      

Blackhawk Network Holdings, Inc.*(a)

     23,367         757,091   

CACI International, Inc. Class A*

     28,834         2,054,999   

Cass Information Systems, Inc.(a)

     5,146         213,044   

Computer Task Group, Inc.(a)

     12,400         137,640   

CSG Systems International, Inc.(a)

     27,321         717,996   

Datalink Corp.*(a)

     10,822         115,038   

EPAM Systems, Inc.*(a)

     23,074         1,010,410   

ExlService Holdings, Inc.*(a)

     22,909         559,209   

Forrester Research, Inc.(a)

     5,334         196,611   

Global Cash Access Holdings, Inc.*

     33,721         227,617   

Hackett Group, Inc. (The)(a)

     32,660         194,654   

Heartland Payment Systems, Inc.(a)

     21,257         1,014,384   

Higher One Holdings, Inc.*(a)

     27,491         67,903   

Lionbridge Technologies, Inc.*(a)

     21,900         98,550   

ManTech International Corp. Class A(a)

     38,370         1,034,071   

MoneyGram International, Inc.*(a)

     32,347         405,631   

PRGX Global, Inc.*(a)

     15,087         88,410   

Sykes Enterprises, Inc.*(a)

     25,532         510,129   

TeleTech Holdings, Inc.*(a)

     39,860         979,759   

Unisys Corp.*(a)

     27,809         651,009   

Virtusa Corp.*(a)

     11,941         424,622   
     

 

 

 
Total IT Services         11,458,777   
Leisure Products – 1.0%      

Arctic Cat, Inc.(a)

     10,567         367,943   

Johnson Outdoors, Inc. Class A(a)

     7,495         194,121   

LeapFrog Enterprises, Inc.*(a)

     141,434         847,190   

Nautilus, Inc.*

     50,155         600,355   

Smith & Wesson Holding Corp.*(a)

     95,032         897,102   

Sturm Ruger & Co., Inc.(a)

     19,741         961,189   
     

 

 

 
Total Leisure Products         3,867,900   
Life Sciences Tools & Services – 0.3%      

Albany Molecular Research, Inc.*(a)

     15,443         340,827   

Cambrex Corp.*

     49,070         916,628   

Luminex Corp.*(a)

     1,859         36,250   
     

 

 

 
Total Life Sciences Tools & Services         1,293,705   
Machinery – 5.3%      

Alamo Group, Inc.(a)

     8,906         365,146   

Albany International Corp. Class A

     29,759         1,012,996   

Altra Industrial Motion Corp.(a)

     11,713         341,551   

American Railcar Industries, Inc.(a)

     26,640         1,969,229   

 

See Notes to Financial Statements.

 

70   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree SmallCap Earnings Fund (EES)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Astec Industries, Inc.(a)

     13,469       $ 491,214   

Blount International, Inc.*(a)

     36,632         554,242   

Briggs & Stratton Corp.(a)

     22,830         411,397   

CIRCOR International, Inc.

     8,267         556,617   

Columbus McKinnon Corp.(a)

     21,439         471,444   

Douglas Dynamics, Inc.(a)

     1,701         33,169   

Dynamic Materials Corp.(a)

     6,458         123,025   

EnPro Industries, Inc.*(a)

     7,671         464,326   

ESCO Technologies, Inc.(a)

     12,696         441,567   

Federal Signal Corp.

     133,225         1,763,899   

Global Brass & Copper Holdings, Inc.(a)

     3,161         46,372   

Gorman-Rupp Co. (The)(a)

     12,726         382,289   

Graham Corp.(a)

     4,715         135,556   

Greenbrier Cos., Inc. (The)(a)

     20,914         1,534,669   

Hardinge, Inc.(a)

     9,697         106,085   

Hurco Cos., Inc.(a)

     5,709         215,001   

Hyster-Yale Materials Handling, Inc.(a)

     17,713         1,268,605   

John Bean Technologies Corp.(a)

     19,008         534,695   

Kadant, Inc.

     9,058         353,715   

L.B. Foster Co. Class A(a)

     8,630         396,462   

Lindsay Corp.(a)

     11,856         886,236   

Lydall, Inc.*(a)

     14,085         380,436   

Miller Industries, Inc.(a)

     6,553         110,746   

Mueller Water Products, Inc. Class A

     54,992         455,334   

NN, Inc.(a)

     14,523         388,055   

RBC Bearings, Inc.(a)

     10,694         606,350   

Standex International Corp.(a)

     9,540         707,296   

Sun Hydraulics Corp.(a)

     12,409         466,454   

Tennant Co.(a)

     9,233         619,442   

Titan International, Inc.(a)

     7,707         91,097   

TriMas Corp.*(a)

     18,991         462,051   

Twin Disc, Inc.(a)

     1,514         40,817   

Wabash National Corp.*(a)

     131,183         1,747,357   
     

 

 

 
Total Machinery         20,934,942   
Marine – 0.2%      

International Shipholding Corp.

     1,304         23,328   

Matson, Inc.(a)

     35,632         891,869   
     

 

 

 
Total Marine         915,197   
Media – 1.5%      

Carmike Cinemas, Inc.*

     50,762         1,572,607   

Entercom Communications Corp. Class A*(a)

     18,720         150,321   

EW Scripps Co. Class A*(a)

     15,096         246,216   

Gray Television, Inc.*(a)

     12,065         95,072   

Harte-Hanks, Inc.(a)

     65,559         417,611   

Journal Communications, Inc. Class A*(a)

     42,656         359,590   

Lee Enterprises, Inc.*(a)

     15,813         53,448   

National CineMedia, Inc.(a)

     15,843         229,882   

Nexstar Broadcasting Group, Inc. Class A(a)

     44,507         1,798,973   

Saga Communications, Inc. Class A

     2,736         91,875   

Scholastic Corp.(a)

     18,125         585,800   

World Wrestling Entertainment, Inc. Class A(a)

     10,824         149,046   
     

 

 

 
Total Media         5,750,441   
Investments    Shares      Value  
     
Metals & Mining – 0.9%      

Allied Nevada Gold Corp.*(a)

     143,495       $ 474,968   

Ampco-Pittsburgh Corp.(a)

     5,166         103,320   

Gold Resource Corp.(a)

     39,021         199,788   

Haynes International, Inc.(a)

     6,843         314,710   

Kaiser Aluminum Corp.(a)

     15,233         1,161,059   

Materion Corp.(a)

     12,061         369,911   

Olympic Steel, Inc.(a)

     2,011         41,366   

RTI International Metals, Inc.*(a)

     13,698         337,793   

SunCoke Energy, Inc.*(a)

     24,036         539,608   
     

 

 

 
Total Metals & Mining         3,542,523   
Multi-Utilities – 0.4%      

Avista Corp.(a)

     52,305         1,596,872   
Multiline Retail – 0.1%      

Bon-Ton Stores, Inc. (The)(a)

     7,801         65,216   

Fred’s, Inc. Class A(a)

     23,107         323,498   

Gordmans Stores, Inc.(a)

     27,932         95,528   
     

 

 

 
Total Multiline Retail         484,242   
Oil, Gas & Consumable Fuels – 3.6%      

Alon USA Energy, Inc.(a)

     46,258         664,265   

Approach Resources, Inc.*(a)

     5,460         79,170   

Cloud Peak Energy, Inc.*(a)

     52,960         668,355   

Contango Oil & Gas Co.*(a)

     5,393         179,263   

Evolution Petroleum Corp.

     6,834         62,736   

Gastar Exploration, Inc.*(a)

     94,789         556,411   

Green Plains, Inc.(a)

     40,989         1,532,579   

Harvest Natural Resources, Inc.*(a)

     34,802         127,723   

Matador Resources Co.*(a)

     6,533         168,878   

Northern Oil and Gas, Inc.*(a)

     51,767         736,127   

Panhandle Oil and Gas, Inc. Class A(a)

     3,642         217,427   

PBF Energy, Inc. Class A(a)

     122,712         2,945,088   

Renewable Energy Group, Inc.*(a)

     190,033         1,928,835   

Resolute Energy Corp.*(a)

     3,265         20,472   

REX American Resources Corp.*

     1,463         106,623   

Rex Energy Corp.*(a)

     7,535         95,469   

Stone Energy Corp.*(a)

     66,287         2,078,760   

Swift Energy Co.*(a)

     35,268         338,573   

Synergy Resources Corp.*(a)

     15,740         191,871   

Triangle Petroleum Corp.*(a)

     1,394         15,348   

W&T Offshore, Inc.(a)

     72,351         795,861   

Warren Resources, Inc.*(a)

     132,599         702,775   
     

 

 

 
Total Oil, Gas & Consumable Fuels         14,212,609   
Paper & Forest Products – 1.3%      

Boise Cascade Co.*

     53,279         1,605,829   

Clearwater Paper Corp.*

     11,436         687,418   

Deltic Timber Corp.(a)

     5,462         340,392   

Neenah Paper, Inc.(a)

     14,359         767,919   

PH Glatfelter Co.(a)

     26,350         578,383   

Schweitzer-Mauduit International, Inc.

     30,548         1,261,938   
     

 

 

 
Total Paper & Forest Products         5,241,879   
Personal Products – 1.0%      

Elizabeth Arden, Inc.*(a)

     16,041         268,526   

Inter Parfums, Inc.(a)

     44,401         1,221,028   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      71   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree SmallCap Earnings Fund (EES)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Medifast, Inc.*(a)

     11,047       $ 362,673   

Nutraceutical International Corp.*

     7,944         166,109   

Revlon, Inc. Class A*(a)

     22,558         714,863   

USANA Health Sciences, Inc.*(a)

     14,065         1,036,028   
     

 

 

 
Total Personal Products         3,769,227   
Pharmaceuticals – 0.8%      

Auxilium Pharmaceuticals, Inc.*(a)

     75,368         2,249,735   

Impax Laboratories, Inc.*(a)

     9,420         223,348   

Lannett Co., Inc.*(a)

     1,686         77,016   

Sagent Pharmaceuticals, Inc.*(a)

     10,334         321,387   

Sciclone Pharmaceuticals, Inc.*(a)

     31,008         213,645   

Sucampo Pharmaceuticals, Inc. Class A*(a)

     27,539         179,004   
     

 

 

 
Total Pharmaceuticals         3,264,135   
Professional Services – 1.9%      

Barrett Business Services, Inc.(a)

     2,967         117,167   

CBIZ, Inc.*(a)

     42,748         336,427   

CDI Corp.

     12,735         184,912   

CRA International, Inc.*

     8,414         213,968   

Exponent, Inc.(a)

     6,872         487,087   

Franklin Covey Co.*(a)

     10,400         203,736   

GP Strategies Corp.*

     10,918         313,565   

Heidrick & Struggles International, Inc.

     3,014         61,908   

Huron Consulting Group, Inc.*

     14,052         856,751   

ICF International, Inc.*(a)

     16,190         498,490   

Insperity, Inc.(a)

     16,418         448,868   

Kelly Services, Inc. Class A(a)

     29,821         467,295   

Kforce, Inc.

     18,897         369,814   

Korn/Ferry International*

     14,641         364,561   

Mistras Group, Inc.*

     15,666         319,586   

Navigant Consulting, Inc.*(a)

     39,448         548,722   

Resources Connection, Inc.(a)

     19,857         276,807   

RPX Corp.*(a)

     36,747         504,536   

TrueBlue, Inc.*

     21,432         541,372   

VSE Corp.(a)

     4,569         223,972   
     

 

 

 
Total Professional Services         7,339,544   
Real Estate Investment Trusts (REITs) – 2.6%   

Acadia Realty Trust(a)

     17,421         480,471   

Agree Realty Corp.

     8,598         235,413   

Alexander’s, Inc.(a)

     1,648         616,204   

American Assets Trust, Inc.

     6,063         199,897   

AmREIT, Inc.(a)

     4,374         100,471   

Armada Hoffler Properties, Inc.(a)

     11,354         103,094   

Associated Estates Realty Corp.(a)

     5,700         99,807   

Aviv REIT, Inc.(a)

     4,422         116,520   

Campus Crest Communities, Inc.(a)

     12,019         76,922   

CareTrust REIT, Inc.*(a)

     4,422         63,235   

Cedar Realty Trust, Inc.(a)

     29,893         176,369   

Chatham Lodging Trust(a)

     249         5,747   

Chesapeake Lodging Trust(a)

     19,073         555,978   

CoreSite Realty Corp.(a)

     4,233         139,139   

DuPont Fabros Technology, Inc.(a)

     9,177         248,146   

Education Realty Trust, Inc.(a)

     4,484         46,096   

Franklin Street Properties Corp.

     21,772         244,282   
Investments    Shares      Value  
     

Getty Realty Corp.(a)

     16,714       $ 284,138   

Government Properties Income Trust(a)

     31,245         684,578   

Hersha Hospitality Trust(a)

     17,652         112,443   

Inland Real Estate Corp.(a)

     141,102         1,398,321   

Investors Real Estate Trust

     10,626         81,820   

LTC Properties, Inc.(a)

     18,769         692,388   

Monmouth Real Estate Investment Corp. Class A

     16,677         168,771   

One Liberty Properties, Inc.(a)

     7,174         145,130   

Potlatch Corp.(a)

     22,370         899,498   

Ramco-Gershenson Properties Trust

     7,354         119,502   

Retail Opportunity Investments Corp.(a)

     9,479         139,341   

Sabra Health Care REIT, Inc.

     10,421         253,439   

Saul Centers, Inc.

     2,185         102,127   

Select Income REIT

     43,969         1,057,454   

Sun Communities, Inc.(a)

     3,127         157,913   

UMH Properties, Inc.(a)

     1,950         18,525   

Universal Health Realty Income Trust(a)

     4,639         193,354   

Urstadt Biddle Properties, Inc. Class A(a)

     4,587         93,116   

Washington Real Estate Investment Trust(a)

     2,584         65,582   

Whitestone REIT(a)

     1,484         20,687   

Winthrop Realty Trust

     14,932         225,025   
     

 

 

 
Total Real Estate Investment Trusts (REITs)         10,420,943   
Real Estate Management & Development – 0.1%   

Consolidated-Tomoka Land Co.(a)

     542         26,596   

Forestar Group, Inc.*(a)

     18,962         336,007   

Tejon Ranch Co.*(a)

     2,205         61,828   
     

 

 

 
Total Real Estate Management & Development         424,431   
Road & Rail – 1.2%      

Celadon Group, Inc.(a)

     17,525         340,861   

Heartland Express, Inc.(a)

     37,497         898,428   

Knight Transportation, Inc.(a)

     46,851         1,283,249   

Marten Transport Ltd.(a)

     22,139         394,296   

Quality Distribution, Inc.*

     15,780         201,668   

Roadrunner Transportation Systems, Inc.*

     26,059         593,885   

Saia, Inc.*(a)

     17,409         862,790   
     

 

 

 
Total Road & Rail         4,575,177   
Semiconductors & Semiconductor Equipment – 3.8%   

Advanced Energy Industries, Inc.*(a)

     2,091         39,290   

Amkor Technology, Inc.*

     259,850         2,185,338   

Audience, Inc.*(a)

     9,788         72,431   

Brooks Automation, Inc.(a)

     4,182         43,953   

Cabot Microelectronics Corp.*(a)

     16,161         669,873   

Ceva, Inc.*(a)

     5,777         77,643   

Cirrus Logic, Inc.*(a)

     103,244         2,152,637   

Diodes, Inc.*

     13,651         326,532   

DSP Group, Inc.*(a)

     1,772         15,718   

Entegris, Inc.*(a)

     81,212         933,938   

Exar Corp.*(a)

     11,520         103,104   

GSI Technology, Inc.*(a)

     3,384         18,307   

Integrated Device Technology, Inc.*(a)

     11,958         190,730   

Integrated Silicon Solution, Inc.

     12,453         171,104   

IXYS Corp.(a)

     4,752         49,896   

 

See Notes to Financial Statements.

 

72   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree SmallCap Earnings Fund (EES)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Lattice Semiconductor Corp.*(a)

     22,515       $ 168,863   

M/A-COM Technology Solutions Holdings, Inc.*(a)

     14,376         313,972   

Micrel, Inc.(a)

     15,331         184,432   

MKS Instruments, Inc.(a)

     8,723         291,174   

Monolithic Power Systems, Inc.(a)

     6,697         295,003   

OmniVision Technologies, Inc.*

     53,386         1,412,594   

PDF Solutions, Inc.*(a)

     21,784         274,696   

Peregrine Semiconductor Corp.*(a)

     14,852         183,719   

Photronics, Inc.*(a)

     25,531         205,525   

Power Integrations, Inc.

     12,933         697,218   

Rudolph Technologies, Inc.*(a)

     37,907         343,058   

Silicon Image, Inc.*(a)

     30,943         155,953   

Silicon Laboratories, Inc.*(a)

     17,813         723,920   

Synaptics, Inc.*(a)

     35,186         2,575,615   

Ultra Clean Holdings, Inc.*

     4,509         40,356   

Ultratech, Inc.*(a)

     9,832         223,678   
     

 

 

 
Total Semiconductors & Semiconductor Equipment         15,140,270   
Software – 2.0%      

Actuate Corp.*(a)

     12,677         49,440   

American Software, Inc. Class A(a)

     12,985         114,528   

Aware, Inc.

     12,839         47,376   

Blackbaud, Inc.(a)

     8,492         333,651   

Digimarc Corp.(a)

     1,587         32,867   

Document Security Systems, Inc.*(a)

     41,580         35,343   

Ebix, Inc.(a)

     60,484         857,663   

Ellie Mae, Inc.*(a)

     7,547         246,032   

EnerNOC, Inc.*(a)

     12,969         219,954   

Epiq Systems, Inc.(a)

     14,231         249,896   

ePlus, Inc.*(a)

     8,081         452,940   

Interactive Intelligence Group, Inc.*(a)

     1,641         68,594   

MicroStrategy, Inc. Class A*

     2,102         275,026   

Monotype Imaging Holdings, Inc.(a)

     13,826         391,552   

NetScout Systems, Inc.*(a)

     19,757         904,871   

Progress Software Corp.*

     20,137         481,476   

PROS Holdings, Inc.*(a)

     1,877         47,300   

Qualys, Inc.*(a)

     1,436         38,198   

Seachange International, Inc.*(a)

     6,146         42,776   

Synchronoss Technologies, Inc.*(a)

     6,542         299,493   

Tangoe, Inc.*(a)

     3,987         54,024   

TeleCommunication Systems, Inc. Class A*(a)

     41,919         116,954   

Telenav, Inc.*(a)

     9,123         61,124   

TiVo, Inc.*(a)

     201,676         2,580,444   
     

 

 

 
Total Software         8,001,522   
Specialty Retail – 4.2%      

America’s Car-Mart, Inc.*(a)

     10,034         397,246   

ANN, Inc.*

     37,199         1,529,995   

Asbury Automotive Group, Inc.*(a)

     25,221         1,624,737   

Big 5 Sporting Goods Corp.(a)

     20,487         191,963   

Brown Shoe Co., Inc.(a)

     23,028         624,750   

Cato Corp. (The) Class A(a)

     25,591         881,866   

Children’s Place, Inc. (The)(a)

     14,242         678,774   

Destination Maternity Corp.

     10,877         167,941   

Finish Line, Inc. (The) Class A(a)

     34,235         856,902   
Investments    Shares      Value  
     

Francesca’s Holdings Corp.*(a)

     38,522       $ 536,611   

Group 1 Automotive, Inc.(a)

     19,538         1,420,608   

Haverty Furniture Cos., Inc.(a)

     13,481         293,751   

hhgregg, Inc.*(a)

     27,952         176,377   

Hibbett Sports, Inc.*(a)

     15,593         664,729   

Kirkland’s, Inc.*(a)

     9,525         153,448   

MarineMax, Inc.*(a)

     2,693         45,377   

Mattress Firm Holding Corp.*(a)

     15,294         918,558   

Monro Muffler Brake, Inc.(a)

     12,052         584,883   

New York & Co., Inc.*(a)

     16,262         49,274   

Pep Boys-Manny Moe & Jack (The)*(a)

     6,343         56,516   

Select Comfort Corp.*(a)

     42,753         894,393   

Shoe Carnival, Inc.(a)

     14,394         256,357   

Sonic Automotive, Inc. Class A(a)

     47,418         1,162,215   

Stage Stores, Inc.(a)

     17,199         294,275   

Stein Mart, Inc.(a)

     31,963         369,173   

Tilly’s, Inc. Class A*(a)

     17,887         134,510   

Vitamin Shoppe, Inc.*(a)

     17,411         772,874   

West Marine, Inc.*(a)

     9,293         83,637   

Winmark Corp.(a)

     2,557         187,939   

Zumiez, Inc.*(a)

     23,856         670,354   
     

 

 

 
Total Specialty Retail         16,680,033   
Technology Hardware, Storage & Peripherals – 0.3%   

Immersion Corp.*(a)

     4,664         40,017   

QLogic Corp.*

     62,620         573,599   

Super Micro Computer, Inc.*(a)

     22,920         674,307   
     

 

 

 
Total Technology Hardware, Storage & Peripherals               1,287,923   
Textiles, Apparel & Luxury Goods – 1.3%      

Charles & Colvard Ltd.*(a)

     6,737         14,282   

Crocs, Inc.*

     84,644         1,064,822   

Culp, Inc.(a)

     8,728         158,413   

Delta Apparel, Inc.*(a)

     4,489         40,805   

G-III Apparel Group Ltd.*(a)

     12,456         1,032,104   

Movado Group, Inc.(a)

     15,922         526,381   

Oxford Industries, Inc.

     7,207         439,555   

Perry Ellis International, Inc.*(a)

     6,036         122,833   

Rocky Brands, Inc.(a)

     8,321         117,243   

Tumi Holdings, Inc.*(a)

     30,288         616,361   

Unifi, Inc.*

     11,837         306,578   

Vera Bradley, Inc.*(a)

     39,692         820,831   
     

 

 

 
Total Textiles, Apparel & Luxury Goods         5,260,208   
Thrifts & Mortgage Finance – 2.5%      

Astoria Financial Corp.(a)

     61,596         763,175   

Bank Mutual Corp.(a)

     23,496         150,609   

Beneficial Mutual Bancorp, Inc.*

     17,204         219,867   

Berkshire Hills Bancorp, Inc.

     20,532         482,297   

BofI Holding, Inc.*(a)

     7,349         534,346   

Brookline Bancorp, Inc.(a)

     59,434         508,161   

Dime Community Bancshares, Inc.(a)

     27,165         391,176   

First Defiance Financial Corp.(a)

     11,018         297,596   

First Financial Northwest, Inc.

     23,171         236,576   

Fox Chase Bancorp, Inc.

     4,380         71,438   

Franklin Financial Corp.*(a)

     6,533         121,579   

Heritage Financial Group, Inc.

     5,055         102,061   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      73   


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree SmallCap Earnings Fund (EES)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

HomeStreet, Inc.(a)

     18,758       $ 320,574   

Kearny Financial Corp.*(a)

     10,093         134,540   

Meridian Bancorp, Inc.*(a)

     17,456         184,335   

Meta Financial Group, Inc.

     4,282         150,983   

Northfield Bancorp, Inc.(a)

     19,123         260,455   

Northwest Bancshares, Inc.(a)

     60,670         734,107   

OceanFirst Financial Corp.(a)

     14,208         226,049   

Oritani Financial Corp.

     35,757         503,816   

PennyMac Financial Services, Inc. Class A*(a)

     6,502         95,254   

Provident Financial Holdings, Inc.

     16,747         244,339   

Provident Financial Services, Inc.

     50,441         825,719   

Territorial Bancorp, Inc.

     9,099         184,619   

Tree.com, Inc.*(a)

     219         7,860   

TrustCo Bank Corp.(a)

     73,979         476,425   

United Community Financial Corp.(a)

     21,199         99,211   

United Financial Bancorp, Inc.(a)

     24,311         308,507   

Walker & Dunlop, Inc.*(a)

     35,891         476,991   

Westfield Financial, Inc.

     11,273         79,587   

WSFS Financial Corp.(a)

     7,208         516,165   
     

 

 

 
Total Thrifts & Mortgage Finance         9,708,417   
Tobacco – 0.2%      

Universal Corp.(a)

     21,615         959,490   
Trading Companies & Distributors – 1.2%      

Aceto Corp.(a)

     19,078         368,587   

CAI International, Inc.*(a)

     35,053         678,275   

DXP Enterprises, Inc.*(a)

     7,448         548,769   

H&E Equipment Services, Inc.(a)

     19,520         786,266   

Houston Wire & Cable Co.(a)

     17,384         208,260   

Kaman Corp.(a)

     21,353         839,173   

Rush Enterprises, Inc. Class A*(a)

     23,486         785,607   

Titan Machinery, Inc.*(a)

     28,996         376,658   
     

 

 

 
Total Trading Companies & Distributors         4,591,595   
Water Utilities – 0.7%      

American States Water Co.(a)

     29,496         897,268   

Artesian Resources Corp. Class A(a)

     4,846         97,598   

California Water Service Group(a)

     35,583         798,483   

Connecticut Water Service, Inc.(a)

     7,483         243,197   

Middlesex Water Co.(a)

     12,163         238,395   

SJW Corp.(a)

     12,234         328,728   

York Water Co.(a)

     5,984         119,680   
     

 

 

 
Total Water Utilities         2,723,349   
Wireless Telecommunication Services – 0.2%      

Boingo Wireless, Inc.*(a)

     1,994         14,217   

NTELOS Holdings Corp.(a)

     17,787         189,254   

Shenandoah Telecommunications Co.(a)

     20,216         501,559   

Spok Holdings, Inc.(a)

     22,013         286,389   
     

 

 

 
Total Wireless Telecommunication Services         991,419   
TOTAL COMMON STOCKS
(Cost: $385,963,662)
              395,042,332   
     
EXCHANGE-TRADED FUND – 0.1%      
United States – 0.1%      
WisdomTree MidCap Earnings Fund(b)
(Cost: $427,568)
     5,132       $ 449,204   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 30.5%   
United States – 30.5%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(c)

     
(Cost: $120,607,849)(d)      120,607,849         120,607,849   

TOTAL INVESTMENTS IN SECURITIES – 130.4%

(Cost: $506,999,079)

  

  

     516,099,385   

Liabilities in Excess of Cash and
Other Assets – (30.4)%

   

     (120,287,003
     

 

 

 
NET ASSETS – 100.0%       $ 395,812,382   
* 

Non-income producing security.

 

(a)

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b)

Affiliated company (See Note 7).

 

(c)

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(d)

At September 30, 2014, the total market value of the Fund’s securities on loan was $120,711,354 and the total market value of the collateral held by the Fund was $123,923,521. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $3,315,672.

 

See Notes to Financial Statements.

 

74   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Total Dividend Fund (DTD)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 99.5%      
United States – 99.5%      
Aerospace & Defense – 2.6%      

Alliant Techsystems, Inc.

     465       $ 59,353   

American Science & Engineering, Inc.

     1         55   

Boeing Co. (The)(a)

     14,127         1,799,497   

Curtiss-Wright Corp.

     3         198   

Exelis, Inc.

     6,135         101,473   

General Dynamics Corp.

     11,024         1,401,040   

Honeywell International, Inc.

     21,005         1,955,986   

Huntington Ingalls Industries, Inc.

     711         74,093   

L-3 Communications Holdings, Inc.

     2,224         264,478   

Lockheed Martin Corp.

     15,450         2,823,951   

Northrop Grumman Corp.(a)

     6,409         844,450   

Raytheon Co.

     10,287         1,045,365   

Rockwell Collins, Inc.

     2,892         227,022   

Textron, Inc.

     1,188         42,756   

United Technologies Corp.

     25,727         2,716,771   

Vectrus, Inc.*

     339         6,611   
     

 

 

 
Total Aerospace & Defense               13,363,099   
Air Freight & Logistics – 0.6%      

C.H. Robinson Worldwide, Inc.(a)

     4,653         308,587   

Expeditors International of Washington, Inc.

     3,655         148,320   

FedEx Corp.

     1,878         303,203   

United Parcel Service, Inc. Class B

     22,464         2,207,987   
     

 

 

 
Total Air Freight & Logistics               2,968,097   
Airlines – 0.1%      

Alaska Air Group, Inc.

     2,002         87,167   

Delta Air Lines, Inc.

     9,920         358,608   

Southwest Airlines Co.

     7,635         257,834   
     

 

 

 
Total Airlines               703,609   
Auto Components – 0.2%      

BorgWarner, Inc.

     2,610         137,312   

Cooper Tire & Rubber Co.

     1,831         52,550   

Dana Holding Corp.(a)

     2,360         45,241   

Gentex Corp.(a)

     3,478         93,106   

Goodyear Tire & Rubber Co. (The)

     2,945         66,513   

Johnson Controls, Inc.

     13,449         591,756   

Lear Corp.

     995         85,978   
     

 

 

 
Total Auto Components               1,072,456   
Automobiles – 0.4%      

Ford Motor Co.

     128,759         1,904,346   

Harley-Davidson, Inc.

     3,483         202,711   

Thor Industries, Inc.

     1,591         81,936   
     

 

 

 
Total Automobiles               2,188,993   
Banks – 5.7%      

1st Source Corp.(a)

     1,884         53,656   

Arrow Financial Corp.

     1,639         41,088   

Associated Banc-Corp.(a)

     4,897         85,306   

BancFirst Corp.(a)

     1,290         80,702   

BancorpSouth, Inc.

     9         181   

Bank of America Corp.

     36,231         617,738   
Investments    Shares      Value  
     

Bank of Hawaii Corp.

     1,782       $ 101,235   

Bank of the Ozarks, Inc.(a)

     1,734         54,656   

BankUnited, Inc.

     4,020         122,570   

BB&T Corp.

     22,305         829,969   

BOK Financial Corp.(a)

     2,266         150,644   

Cathay General Bancorp

     9         223   

Chemical Financial Corp.

     1,902         51,145   

CIT Group, Inc.

     2,008         92,288   

Citigroup, Inc.

     3,311         171,576   

City Holding Co.

     1,171         49,334   

City National Corp.

     1,171         88,610   

Comerica, Inc.(a)

     3,463         172,665   

Commerce Bancshares, Inc.(a)

     2,304         102,862   

Community Bank System, Inc.(a)

     2,174         73,025   

Community Trust Bancorp, Inc.

     1,585         53,303   

Cullen/Frost Bankers, Inc.(a)

     1,972         150,878   

CVB Financial Corp.

     3,399         48,776   

East West Bancorp, Inc.

     3,133         106,522   

Fifth Third Bancorp

     27,101         542,562   

First Commonwealth Financial Corp.

     6         50   

First Financial Bancorp

     5,078         80,385   

First Financial Bankshares, Inc.(a)

     2,582         71,754   

First Financial Corp.(a)

     1,755         54,317   

First Horizon National Corp.(a)

     5,096         62,579   

First Niagara Financial Group, Inc.

     14,665         122,159   

First Republic Bank

     1,847         91,205   

FirstMerit Corp.

     6,402         112,675   

Flushing Financial Corp.(a)

     2,152         39,317   

FNB Corp.

     9,096         109,061   

Fulton Financial Corp.

     5,951         65,937   

Glacier Bancorp, Inc.

     2,693         69,641   

Hancock Holding Co.

     3,196         102,432   

Hudson Valley Holding Corp.

     1         18   

Huntington Bancshares, Inc.

     23,018         223,965   

Iberiabank Corp.

     1,133         70,824   

Independent Bank Corp.(a)

     1,933         69,047   

International Bancshares Corp.

     1,748         43,114   

JPMorgan Chase & Co.

     130,210         7,843,850   

KeyCorp

     19,137         255,096   

M&T Bank Corp.(a)

     3,890         479,598   

MB Financial, Inc.

     2,048         56,689   

National Penn Bancshares, Inc.

     8,502         82,554   

NBT Bancorp, Inc.

     3,575         80,509   

Old National Bancorp

     4,345         56,355   

PacWest Bancorp

     2,056         84,769   

Park National Corp.(a)

     1,468         110,717   

Penns Woods Bancorp, Inc.(a)

     1,165         49,221   

PNC Financial Services Group, Inc. (The)

     15,950         1,365,001   

Prosperity Bancshares, Inc.

     1,281         73,235   

Regions Financial Corp.

     22,099         221,874   

Renasant Corp.(a)

     1,896         51,287   

S&T Bancorp, Inc.(a)

     2,291         53,747   

Stock Yards Bancorp, Inc.(a)

     1,590         47,859   

SunTrust Banks, Inc.

     7,767         295,379   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      75   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Total Dividend Fund (DTD)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Susquehanna Bancshares, Inc.

     6,788       $ 67,880   

Synovus Financial Corp.

     3,004         71,015   

TCF Financial Corp.(a)

     3,289         51,078   

Tompkins Financial Corp.(a)

     1,534         67,619   

Trustmark Corp.

     2,905         66,917   

U.S. Bancorp

     54,130         2,264,258   

UMB Financial Corp.(a)

     1,066         58,150   

Umpqua Holdings Corp.

     5,180         85,315   

United Bankshares, Inc.(a)

     3,172         98,110   

Univest Corp. of Pennsylvania(a)

     3,145         58,969   

Valley National Bancorp(a)

     17,009         164,817   

Washington Trust Bancorp, Inc.(a)

     3         99   

Webster Financial Corp.

     2,519         73,404   

Wells Fargo & Co.

     183,597         9,523,176   

WesBanco, Inc.(a)

     2,485         76,016   

Westamerica Bancorp(a)

     1,021         47,497   

Zions Bancorp

     1,422         41,323   
     

 

 

 
Total Banks               29,253,377   
Beverages – 2.6%      

Brown-Forman Corp. Class A

     1,914         170,710   

Brown-Forman Corp. Class B

     1,992         179,718   

Coca-Cola Co. (The)

     161,287         6,880,504   

Coca-Cola Enterprises, Inc.

     6,403         284,037   

Dr. Pepper Snapple Group, Inc.

     8,240         529,914   

Molson Coors Brewing Co. Class B

     4,945         368,106   

PepsiCo, Inc.

     56,268         5,237,988   
     

 

 

 
Total Beverages               13,650,977   
Biotechnology – 0.5%      

Amgen, Inc.

     16,321         2,292,448   

PDL BioPharma, Inc.(a)

     16,770         125,272   
     

 

 

 
Total Biotechnology               2,417,720   
Building Products – 0.1%      

A.O. Smith Corp.

     906         42,836   

Fortune Brands Home & Security, Inc.

     1,987         81,685   

Lennox International, Inc.

     1,001         76,947   

Masco Corp.(a)

     6,646         158,972   

Simpson Manufacturing Co., Inc.

     1,686         49,147   
     

 

 

 
Total Building Products               409,587   
Capital Markets – 1.8%      

Ameriprise Financial, Inc.

     4,784         590,250   

Arlington Asset Investment Corp. Class A(a)

     4,496         114,243   

Artisan Partners Asset Management, Inc. Class A

     1,066         55,485   

Bank of New York Mellon Corp. (The)

     26,466         1,025,028   

BGC Partners, Inc. Class A(a)

     23,108         171,693   

BlackRock, Inc.

     4,754         1,560,833   

Charles Schwab Corp. (The)

     16,111         473,502   

Cohen & Steers, Inc.(a)

     1,747         67,155   

Eaton Vance Corp.(a)

     3,282         123,830   

Evercore Partners, Inc. Class A

     1,277         60,019   

Federated Investors, Inc. Class B(a)

     5,076         149,031   

Franklin Resources, Inc.(a)

     6,015         328,479   

FXCM, Inc. Class A

     1         16   
Investments    Shares      Value  
     

GFI Group, Inc.

     15,011       $ 81,210   

Goldman Sachs Group, Inc. (The)

     7,412         1,360,621   

Greenhill & Co., Inc.(a)

     1,541         71,641   

Janus Capital Group, Inc.(a)

     6,364         92,533   

Legg Mason, Inc.(a)

     2,058         105,287   

LPL Financial Holdings, Inc.

     2,165         99,698   

Morgan Stanley

     16,455         568,849   

Northern Trust Corp.

     6,255         425,528   

Raymond James Financial, Inc.

     2,079         111,393   

SEI Investments Co.

     2,746         99,295   

State Street Corp.

     8,448         621,857   

T. Rowe Price Group, Inc.

     6,131         480,671   

TD Ameritrade Holding Corp.(a)

     11,751         392,131   

Waddell & Reed Financial, Inc. Class A

     2,069         106,947   
     

 

 

 
Total Capital Markets               9,337,225   
Chemicals – 2.5%      

A. Schulman, Inc.(a)

     1,832         66,245   

Air Products & Chemicals, Inc.

     7,200         937,296   

Airgas, Inc.

     1,587         175,602   

Albemarle Corp.(a)

     1,583         93,239   

Ashland, Inc.

     1,480         154,068   

Axiall Corp.

     1,329         47,592   

Cabot Corp.

     1,742         88,441   

Celanese Corp. Series A

     2,696         157,770   

CF Industries Holdings, Inc.

     1,297         362,148   

Cytec Industries, Inc.

     14         662   

Dow Chemical Co. (The)

     46,527         2,439,876   

E.I. du Pont de Nemours & Co.

     34,967         2,509,232   

Eastman Chemical Co.

     3,354         271,305   

Ecolab, Inc.

     3,662         420,507   

FMC Corp.

     1,265         72,345   

FutureFuel Corp.

     1,358         16,147   

H.B. Fuller Co.

     6         238   

Huntsman Corp.(a)

     6,846         177,928   

Innophos Holdings, Inc.

     1,481         81,588   

International Flavors & Fragrances, Inc.

     2,063         197,800   

Koppers Holdings, Inc.

     1,020         33,823   

Kronos Worldwide, Inc.(a)

     6,460         89,019   

Monsanto Co.

     10,417         1,172,017   

Mosaic Co. (The)

     8,632         383,347   

NewMarket Corp.(a)

     255         97,160   

Olin Corp.(a)

     3,330         84,083   

PolyOne Corp.

     1,326         47,179   

PPG Industries, Inc.

     2,500         491,850   

Praxair, Inc.

     7,115         917,835   

Rockwood Holdings, Inc.

     2,505         191,507   

RPM International, Inc.

     4,287         196,259   

Scotts Miracle-Gro Co. (The) Class A

     2,425         133,375   

Sensient Technologies Corp.

     1,406         73,604   

Sherwin-Williams Co. (The)

     1,477         323,448   

Sigma-Aldrich Corp.

     1,572         213,808   

Valhi, Inc.(a)

     6,516         42,550   

Valspar Corp. (The)

     1,476         116,589   

 

See Notes to Financial Statements.

 

76   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Total Dividend Fund (DTD)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Westlake Chemical Corp.

     1,610       $ 139,410   
     

 

 

 
Total Chemicals               13,016,892   
Commercial Services & Supplies – 0.7%      

ABM Industries, Inc.

     2,014         51,740   

ADT Corp. (The)(a)

     3,495         123,933   

Brady Corp. Class A

     1,755         39,382   

Cintas Corp.(a)

     2,318         163,628   

Courier Corp.

     8         99   

Covanta Holding Corp.

     6,079         128,996   

Deluxe Corp.(a)

     1,645         90,738   

Ennis, Inc.

     1,500         19,755   

Healthcare Services Group, Inc.(a)

     2,897         82,883   

Herman Miller, Inc.(a)

     1,583         47,253   

HNI Corp.(a)

     1,868         67,229   

Intersections, Inc.(a)

     6,363         24,434   

KAR Auction Services, Inc.

     6,377         182,573   

Knoll, Inc.

     3,572         61,831   

McGrath RentCorp(a)

     1,593         54,481   

Mobile Mini, Inc.

     1,562         54,623   

MSA Safety, Inc.(a)

     1,279         63,183   

NL Industries, Inc.(a)

     6,613         48,672   

Pitney Bowes, Inc.

     9,190         229,658   

Quad/Graphics, Inc.

     2,718         52,321   

R.R. Donnelley & Sons Co.(a)

     13,551         223,049   

Republic Services, Inc.

     14,785         576,911   

Rollins, Inc.

     2,416         70,740   

Steelcase, Inc. Class A

     3,224         52,197   

U.S. Ecology, Inc.

     5         234   

United Stationers, Inc.

     4         150   

Waste Connections, Inc.

     1,825         88,549   

Waste Management, Inc.

     20,278         963,813   

West Corp.

     3,780         111,359   
     

 

 

 
Total Commercial Services & Supplies               3,674,414   
Communications Equipment – 1.9%      

Cisco Systems, Inc.

     225,731         5,681,649   

Comtech Telecommunications Corp.

     877         32,581   

Harris Corp.

     3,481         231,138   

InterDigital, Inc.(a)

     723         28,790   

Motorola Solutions, Inc.

     6,400         404,992   

Plantronics, Inc.

     8         382   

QUALCOMM, Inc.

     42,567         3,182,735   
     

 

 

 
Total Communications Equipment               9,562,267   
Construction & Engineering – 0.1%      

Fluor Corp.

     1,861         124,296   

KBR, Inc.

     2,194         41,313   

URS Corp.

     1,766         101,739   
     

 

 

 
Total Construction & Engineering               267,348   
Construction Materials – 0.0%      

Eagle Materials, Inc.

     7         713   

Martin Marietta Materials, Inc.

     965         124,427   

Vulcan Materials Co.

     8         482   
     

 

 

 
Total Construction Materials               125,622   
Investments    Shares      Value  
     
Consumer Finance – 0.6%      

American Express Co.

     15,039       $ 1,316,514   

Capital One Financial Corp.

     12,186         994,621   

Discover Financial Services

     9,142         588,654   

Nelnet, Inc. Class A

     4         172   

SLM Corp.

     13,037         111,597   
     

 

 

 
Total Consumer Finance               3,011,558   
Containers & Packaging – 0.3%      

AptarGroup, Inc.(a)

     1,295         78,607   

Avery Dennison Corp.

     3,073         137,209   

Ball Corp.

     1,869         118,252   

Bemis Co., Inc.(a)

     3,623         137,746   

Greif, Inc. Class A

     606         26,549   

Greif, Inc. Class B

     2,062         102,069   

MeadWestvaco Corp.(a)

     6,039         247,237   

Packaging Corp. of America

     3,304         210,861   

Rock-Tenn Co. Class A

     2,808         133,605   

Sealed Air Corp.

     4,350         151,728   

Silgan Holdings, Inc.

     1,138         53,486   

Sonoco Products Co.

     3,922         154,095   
     

 

 

 
Total Containers & Packaging               1,551,444   
Distributors – 0.1%      

Genuine Parts Co.(a)

     5,160         452,584   

Pool Corp.

     1,197         64,542   
     

 

 

 
Total Distributors               517,126   
Diversified Consumer Services – 0.1%      

Collectors Universe, Inc.(a)

     1,337         29,414   

DeVry Education Group, Inc.

     1,108         47,434   

Graham Holdings Co. Class B

     160         111,934   

H&R Block, Inc.

     10,099         313,170   

Service Corp. International

     4,624         97,751   

Sotheby’s(a)

     982         35,077   
     

 

 

 
Total Diversified Consumer Services               634,780   
Diversified Financial Services – 0.4%      

CBOE Holdings, Inc.

     1,727         92,438   

CME Group, Inc.

     9,348         747,419   

FNFV Group*

     2,424         33,354   

Interactive Brokers Group, Inc. Class A

     1,115         27,819   

Leucadia National Corp.

     4,614         109,998   

MarketAxess Holdings, Inc.

     1         62   

McGraw Hill Financial, Inc.

     5,481         462,870   

Moody’s Corp.

     3,785         357,683   

NASDAQ OMX Group, Inc. (The)(a)

     2,945         124,927   
     

 

 

 
Total Diversified Financial Services               1,956,570   
Diversified Telecommunication Services – 4.8%      

AT&T, Inc.

     360,784         12,714,028   

Atlantic Tele-Network, Inc.(a)

     445         23,985   

CenturyLink, Inc.

     51,527         2,106,939   

Consolidated Communications Holdings, Inc.(a)

     6,257         156,738   

Frontier Communications Corp.(a)

     108,608         707,038   

Verizon Communications, Inc.

     164,076         8,202,159   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      77   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Total Dividend Fund (DTD)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Windstream Holdings, Inc.

     94,679       $ 1,020,640   
     

 

 

 
Total Diversified Telecommunication Services         24,931,527   
Electric Utilities – 3.7%      

ALLETE, Inc.(a)

     2,779         123,360   

American Electric Power Co., Inc.

     26,736         1,395,887   

Cleco Corp.

     2,790         134,339   

Duke Energy Corp.

     41,479         3,101,385   

Edison International

     12,018         672,047   

El Paso Electric Co.

     2,772         101,317   

Empire District Electric Co. (The)

     4,601         111,114   

Entergy Corp.

     12,426         960,903   

Exelon Corp.

     49,060         1,672,455   

FirstEnergy Corp.

     36,483         1,224,734   

Great Plains Energy, Inc.(a)

     7,935         191,789   

Hawaiian Electric Industries, Inc.(a)

     6,752         179,266   

IDACORP, Inc.(a)

     2,368         126,948   

ITC Holdings Corp.

     3,894         138,743   

MGE Energy, Inc.(a)

     2,439         90,877   

NextEra Energy, Inc.

     18,263         1,714,530   

Northeast Utilities

     13,787         610,764   

OGE Energy Corp.

     6,922         256,875   

Otter Tail Corp.(a)

     3,021         80,570   

Pepco Holdings, Inc.

     17,507         468,487   

Pinnacle West Capital Corp.

     5,975         326,474   

PNM Resources, Inc.(a)

     4,214         104,971   

Portland General Electric Co.(a)

     4,456         143,127   

PPL Corp.

     40,711         1,336,949   

Southern Co. (The)

     56,625         2,471,681   

UIL Holdings Corp.(a)

     3,453         122,236   

Unitil Corp.

     2,368         73,621   

Westar Energy, Inc.(a)

     6,927         236,349   

Xcel Energy, Inc.(a)

     24,762         752,765   
     

 

 

 
Total Electric Utilities               18,924,563   
Electrical Equipment – 0.5%      

Acuity Brands, Inc.

     468         55,088   

AMETEK, Inc.

     1,721         86,411   

Babcock & Wilcox Co. (The)

     2,064         57,152   

Emerson Electric Co.

     23,725         1,484,711   

EnerSys(a)

     442         25,919   

General Cable Corp.

     2,127         32,075   

Hubbell, Inc. Class B

     1,315         158,497   

Regal-Beloit Corp.

     919         59,046   

Rockwell Automation, Inc.

     3,712         407,875   
     

 

 

 
Total Electrical Equipment               2,366,774   
Electronic Equipment, Instruments & Components – 0.3%      

Amphenol Corp. Class A

     1,937         193,429   

Avnet, Inc.

     2,588         107,402   

AVX Corp.

     6,498         86,293   

CDW Corp.

     1,892         58,747   

Cognex Corp.*

     709         28,551   

Corning, Inc.

     43,757         846,260   

Electro Rent Corp.

     3,242         44,642   
Investments    Shares      Value  
     

FEI Co.

     292       $ 22,023   

FLIR Systems, Inc.

     2,503         78,444   

Jabil Circuit, Inc.

     5,843         117,853   

Littelfuse, Inc.

     612         52,130   

MTS Systems Corp.(a)

     1,034         70,581   

National Instruments Corp.(a)

     3,022         93,471   
     

 

 

 
Total Electronic Equipment, Instruments & Components               1,799,826   
Energy Equipment & Services – 0.6%      

Baker Hughes, Inc.

     6,495         422,565   

Bristow Group, Inc.(a)

     735         49,392   

CARBO Ceramics, Inc.(a)

     407         24,107   

Diamond Offshore Drilling, Inc.(a)

     11,070         379,369   

Gulfmark Offshore, Inc. Class A(a)

     1,063         33,325   

Halliburton Co.

     13,331         859,983   

Helmerich & Payne, Inc.(a)

     3,310         323,950   

National Oilwell Varco, Inc.

     7,386         562,074   

Oceaneering International, Inc.

     1,611         104,989   

Patterson-UTI Energy, Inc.

     1,867         60,733   

RPC, Inc.

     6,345         139,336   

Tidewater, Inc.

     1,310         51,129   
     

 

 

 
Total Energy Equipment & Services               3,010,952   
Food & Staples Retailing – 2.7%      

Casey’s General Stores, Inc.

     568         40,726   

Costco Wholesale Corp.

     6,022         754,677   

CVS Health Corp.

     20,086         1,598,645   

Kroger Co. (The)

     11,245         584,740   

Safeway, Inc.

     7,791         267,231   

Sysco Corp.

     23,276         883,324   

Wal-Mart Stores, Inc.

     102,442         7,833,740   

Walgreen Co.

     27,188         1,611,433   

Weis Markets, Inc.

     1,330         51,910   

Whole Foods Market, Inc.(a)

     4,031         153,621   
     

 

 

 
Total Food & Staples Retailing               13,780,047   
Food Products – 1.8%      

Archer-Daniels-Midland Co.

     15,364         785,100   

B&G Foods, Inc.(a)

     2,888         79,564   

Campbell Soup Co.(a)

     11,663         498,360   

ConAgra Foods, Inc.

     17,228         569,213   

Dean Foods Co.(a)

     2,851         37,776   

Flowers Foods, Inc.(a)

     5,965         109,517   

General Mills, Inc.

     25,042         1,263,369   

Hershey Co. (The)(a)

     4,459         425,522   

Hormel Foods Corp.

     5,478         281,514   

Ingredion, Inc.

     2,264         171,589   

J.M. Smucker Co. (The)

     3,183         315,085   

Kellogg Co.

     13,961         859,998   

Kraft Foods Group, Inc.

     30,136         1,699,670   

Lancaster Colony Corp.(a)

     867         73,938   

McCormick & Co., Inc. Non-Voting Shares(a)

     3,065         205,049   

Mead Johnson Nutrition Co.

     4,348         418,365   

Mondelez International, Inc. Class A

     37,309         1,278,393   

Pinnacle Foods, Inc.

     4,073         132,983   

 

See Notes to Financial Statements.

 

78   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Total Dividend Fund (DTD)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Sanderson Farms, Inc.(a)

     340       $ 29,903   

Snyder’s-Lance, Inc.

     2,775         73,538   

Tyson Foods, Inc. Class A

     2,331         91,772   
     

 

 

 
Total Food Products               9,400,218   
Gas Utilities – 0.3%      

AGL Resources, Inc.(a)

     5,532         284,013   

Atmos Energy Corp.(a)

     3,626         172,960   

Chesapeake Utilities Corp.(a)

     1,713         71,364   

Laclede Group, Inc. (The)(a)

     1,971         91,454   

National Fuel Gas Co.(a)

     2,307         161,467   

New Jersey Resources Corp.(a)

     1,985         100,262   

Northwest Natural Gas Co.(a)

     2,217         93,668   

Piedmont Natural Gas Co., Inc.

     3,333         111,756   

Questar Corp.

     7,230         161,157   

South Jersey Industries, Inc.(a)

     1,567         83,615   

Southwest Gas Corp.(a)

     1,479         71,850   

UGI Corp.

     6,035         205,716   

WGL Holdings, Inc.(a)

     3,075         129,519   
     

 

 

 
Total Gas Utilities               1,738,801   
Health Care Equipment & Supplies – 1.4%      

Abbott Laboratories

     46,440         1,931,440   

Baxter International, Inc.

     20,212         1,450,615   

Becton, Dickinson and Co.

     4,497         511,804   

C.R. Bard, Inc.

     607         86,625   

CONMED Corp.

     1,633         60,160   

DENTSPLY International, Inc.

     1,012         46,147   

Hill-Rom Holdings, Inc.

     1,277         52,906   

Medtronic, Inc.

     25,146         1,557,795   

Meridian Bioscience, Inc.(a)

     2,733         48,347   

ResMed, Inc.(a)

     3,866         190,478   

St. Jude Medical, Inc.

     6,278         377,496   

STERIS Corp.

     1,161         62,647   

Stryker Corp.

     6,999         565,169   

Teleflex, Inc.

     766         80,461   

West Pharmaceutical Services, Inc.

     978         43,775   

Zimmer Holdings, Inc.

     1,895         190,542   
     

 

 

 
Total Health Care Equipment & Supplies               7,256,407   
Health Care Providers & Services – 1.0%      

Aetna, Inc.

     5,762         466,722   

AmerisourceBergen Corp.

     4,110         317,703   

Cardinal Health, Inc.

     8,061         603,930   

HealthSouth Corp.

     2,563         94,575   

Humana, Inc.

     2,193         285,726   

Kindred Healthcare, Inc.

     2,501         48,519   

Landauer, Inc.(a)

     1,303         43,012   

McKesson Corp.

     1,863         362,670   

National Healthcare Corp.(a)

     1,136         63,059   

Omnicare, Inc.

     1,262         78,572   

Owens & Minor, Inc.(a)

     2,215         72,519   

Patterson Cos., Inc.(a)

     1,906         78,966   

Quest Diagnostics, Inc.(a)

     3,998         242,599   

Select Medical Holdings Corp.

     6,248         75,163   

UnitedHealth Group, Inc.

     20,195         1,741,819   
Investments    Shares      Value  
     

WellPoint, Inc.

     6,471       $ 774,061   
     

 

 

 
Total Health Care Providers & Services               5,349,615   
Health Care Technology – 0.0%      

Computer Programs & Systems, Inc.(a)

     1,245         71,575   

Quality Systems, Inc.

     3,194         43,981   
     

 

 

 
Total Health Care Technology               115,556   
Hotels, Restaurants & Leisure – 2.0%      

Bob Evans Farms, Inc.(a)

     1,302         61,637   

Brinker International, Inc.

     2,063         104,780   

Burger King Worldwide, Inc.(a)

     5,506         163,308   

Cheesecake Factory, Inc. (The)

     1,160         52,780   

Choice Hotels International, Inc.

     1,292         67,184   

Cracker Barrel Old Country Store, Inc.(a)

     847         87,402   

Darden Restaurants, Inc.(a)

     6,697         344,628   

DineEquity, Inc.

     894         72,941   

Domino’s Pizza, Inc.

     847         65,185   

Dunkin’ Brands Group, Inc.(a)

     2,200         98,604   

International Game Technology

     8,194         138,233   

Las Vegas Sands Corp.

     19,212         1,195,178   

Marriott International, Inc. Class A(a)

     5,335         372,916   

McDonald’s Corp.

     43,786         4,151,351   

SeaWorld Entertainment, Inc.

     3,197         61,478   

Six Flags Entertainment Corp.(a)

     6,373         219,167   

Speedway Motorsports, Inc.(a)

     3,217         54,882   

Starbucks Corp.

     13,254         1,000,147   

Starwood Hotels & Resorts Worldwide, Inc.

     4,149         345,238   

Texas Roadhouse, Inc.

     2,344         65,257   

Vail Resorts, Inc.

     750         65,070   

Wendy’s Co. (The)(a)

     13,058         107,859   

Wyndham Worldwide Corp.

     2,664         216,477   

Wynn Resorts Ltd.

     2,758         515,967   

Yum! Brands, Inc.

     11,663         839,503   
     

 

 

 
Total Hotels, Restaurants & Leisure               10,467,172   
Household Durables – 0.3%      

D.R. Horton, Inc.

     3,187         65,397   

Harman International Industries, Inc.

     1,347         132,060   

Leggett & Platt, Inc.(a)

     6,670         232,916   

Lennar Corp. Class A(a)

     1,560         60,575   

MDC Holdings, Inc.(a)

     2,899         73,403   

NACCO Industries, Inc. Class A(a)

     757         37,646   

Newell Rubbermaid, Inc.(a)

     7,089         243,933   

PulteGroup, Inc.

     5,555         98,101   

Ryland Group, Inc. (The)(a)

     568         18,880   

Tupperware Brands Corp.

     1,611         111,223   

Whirlpool Corp.

     1,632         237,701   
     

 

 

 
Total Household Durables               1,311,835   
Household Products – 2.5%      

Church & Dwight Co., Inc.

     2,850         199,956   

Clorox Co. (The)(a)

     5,102         489,996   

Colgate-Palmolive Co.

     25,478         1,661,675   

Energizer Holdings, Inc.

     1,569         193,317   

Kimberly-Clark Corp.

     15,285         1,644,207   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      79   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Total Dividend Fund (DTD)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Procter & Gamble Co. (The)

     103,608       $ 8,676,134   

Spectrum Brands Holdings, Inc.

     1,052         95,238   

WD-40 Co.

     750         50,970   
     

 

 

 
Total Household Products               13,011,493   
Independent Power and Renewable Electricity Producers – 0.1%   

AES Corp.

     13,855         196,464   

NRG Energy, Inc.

     7,336         223,601   
     

 

 

 
Total Independent Power and Renewable Electricity Producers               420,065   
Industrial Conglomerates – 2.3%      

3M Co.

     16,533         2,342,395   

Carlisle Cos., Inc.

     1,152         92,598   

Danaher Corp.

     1,611         122,404   

General Electric Co.

     365,085         9,353,478   

Roper Industries, Inc.

     616         90,114   
     

 

 

 
Total Industrial Conglomerates               12,000,989   
Insurance – 2.4%      

Aflac, Inc.

     13,348         777,521   

Allstate Corp. (The)

     11,032         677,034   

American Financial Group, Inc.

     1,838         106,402   

American International Group, Inc.

     15,318         827,478   

American National Insurance Co.

     1,211         136,116   

AmTrust Financial Services, Inc.(a)

     1,786         71,119   

Arthur J. Gallagher & Co.

     5,114         231,971   

Assurant, Inc.

     1,562         100,437   

Baldwin & Lyons, Inc. Class B

     2         49   

Brown & Brown, Inc.

     2,905         93,396   

Chubb Corp. (The)

     6,039         550,032   

Cincinnati Financial Corp.(a)

     6,464         304,131   

CNA Financial Corp.

     6,648         252,823   

CNO Financial Group, Inc.

     2,644         44,842   

Donegal Group, Inc. Class A

     1         15   

Erie Indemnity Co. Class A

     1,625         123,191   

First American Financial Corp.(a)

     2,298         62,322   

FNF Group

     7,259         201,365   

Hanover Insurance Group, Inc. (The)(a)

     1,559         95,754   

Hartford Financial Services Group, Inc. (The)

     10,201         379,987   

HCC Insurance Holdings, Inc.

     2,342         113,095   

Horace Mann Educators Corp.

     2,159         61,553   

Infinity Property & Casualty Corp.

     781         49,992   

Kemper Corp.(a)

     2,067         70,588   

Lincoln National Corp.

     4,458         238,860   

Loews Corp.

     2,551         106,275   

Marsh & McLennan Cos., Inc.

     14,932         781,541   

Mercury General Corp.(a)

     3,640         177,668   

MetLife, Inc.

     30,923         1,661,184   

Old Republic International Corp.

     15,035         214,700   

Principal Financial Group, Inc.

     8,145         427,368   

ProAssurance Corp.

     1,575         69,410   

Progressive Corp. (The)

     8,344         210,936   

Protective Life Corp.

     1,893         131,393   

Prudential Financial, Inc.

     14,140         1,243,472   
Investments    Shares      Value  
     

Reinsurance Group of America, Inc.

     1,306       $ 104,650   

RLI Corp.(a)

     1,534         66,407   

Safety Insurance Group, Inc.

     1,609         86,741   

Selective Insurance Group, Inc.

     2,472         54,730   

StanCorp Financial Group, Inc.

     1,196         75,563   

State Auto Financial Corp.(a)

     3,017         61,879   

Symetra Financial Corp.(a)

     4,640         108,251   

Torchmark Corp.(a)

     1,536         80,440   

Travelers Cos., Inc. (The)

     10,569         992,852   

United Fire Group, Inc.(a)

     1,320         36,656   

Universal Insurance Holdings, Inc.

     4         52   

Unum Group

     5,636         193,766   

W.R. Berkley Corp.

     1,070         51,146   
     

 

 

 
Total Insurance               12,507,153   
Internet & Catalog Retail – 0.0%      

Expedia, Inc.(a)

     1,630         142,820   

HSN, Inc.

     1,405         86,225   

Nutrisystem, Inc.

     1,856         28,527   
     

 

 

 
Total Internet & Catalog Retail               257,572   
Internet Software & Services – 0.0%      

IAC/InterActiveCorp

     2,009         132,393   

j2 Global, Inc.

     1,485         73,300   
     

 

 

 
Total Internet Software & Services               205,693   
IT Services – 2.2%      

Automatic Data Processing, Inc.

     15,461         1,284,500   

Booz Allen Hamilton Holding Corp.

     4,442         103,943   

Broadridge Financial Solutions, Inc.

     3,676         153,032   

Computer Sciences Corp.

     3,032         185,407   

DST Systems, Inc.

     963         80,815   

Fidelity National Information Services, Inc.

     6,614         372,368   

International Business Machines Corp.

     30,349         5,761,151   

Jack Henry & Associates, Inc.

     1,731         96,347   

Leidos Holdings, Inc.

     3,415         117,237   

MasterCard, Inc. Class A

     4,682         346,093   

Paychex, Inc.

     15,293         675,951   

Total System Services, Inc.

     3,469         107,400   

Visa, Inc. Class A

     5,070         1,081,786   

Western Union Co. (The)(a)

     21,004         336,904   

Xerox Corp.

     31,894         421,958   
     

 

 

 
Total IT Services               11,124,892   
Leisure Products – 0.2%      

Brunswick Corp.

     1,272         53,602   

Hasbro, Inc.(a)

     5,353         294,388   

Mattel, Inc.

     14,044         430,449   

Polaris Industries, Inc.

     1,173         175,704   

Sturm Ruger & Co., Inc.(a)

     993         48,349   
     

 

 

 
Total Leisure Products               1,002,492   
Life Sciences Tools & Services – 0.1%      

Agilent Technologies, Inc.

     3,745         213,390   

PerkinElmer, Inc.

     1,436         62,610   

Techne Corp.

     854         79,892   

 

See Notes to Financial Statements.

 

80   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Total Dividend Fund (DTD)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Thermo Fisher Scientific, Inc.

     2,758       $ 335,648   
     

 

 

 
Total Life Sciences Tools & Services               691,540   
Machinery – 1.7%      

AGCO Corp.(a)

     906         41,187   

Albany International Corp. Class A

     3         102   

Allison Transmission Holdings, Inc.

     3,895         110,969   

Barnes Group, Inc.

     1,872         56,815   

Briggs & Stratton Corp.(a)

     2,421         43,626   

Caterpillar, Inc.

     22,505         2,228,670   

CLARCOR, Inc.(a)

     1,012         63,837   

Crane Co.

     1,410         89,126   

Cummins, Inc.

     4,491         592,722   

Deere & Co.(a)

     11,647         954,938   

Donaldson Co., Inc.

     2,283         92,758   

Douglas Dynamics, Inc.

     1,433         27,944   

Dover Corp.

     3,716         298,506   

Flowserve Corp.

     1,537         108,389   

Graco, Inc.

     1,334         97,355   

Harsco Corp.(a)

     3,473         74,357   

Hillenbrand, Inc.

     3,352         103,543   

IDEX Corp.

     1,480         107,108   

Illinois Tool Works, Inc.

     12,022         1,014,897   

ITT Corp.

     1,535         68,983   

Joy Global, Inc.(a)

     1,865         101,717   

Kennametal, Inc.

     1,616         66,757   

Lincoln Electric Holdings, Inc.

     1,561         107,920   

Mueller Industries, Inc.

     1,420         40,527   

Nordson Corp.

     842         64,051   

Oshkosh Corp.

     1,476         65,165   

PACCAR, Inc.

     6,355         361,441   

Pall Corp.

     1,755         146,894   

Parker-Hannifin Corp.

     2,880         328,752   

Snap-on, Inc.

     1,185         143,480   

SPX Corp.

     759         71,293   

Stanley Black & Decker, Inc.

     5,017         445,459   

Timken Co. (The)

     2,196         93,089   

Toro Co. (The)

     879         52,063   

Trinity Industries, Inc.(a)

     2,642         123,434   

Valmont Industries, Inc.(a)

     251         33,867   

Woodward, Inc.(a)

     631         30,048   

Xylem, Inc.

     3,006         106,683   
     

 

 

 
Total Machinery               8,558,472   
Marine – 0.0%      

International Shipholding Corp.(a)

     7         125   

Matson, Inc.

     2,295         57,444   
     

 

 

 
Total Marine               57,569   
Media – 2.2%      

Cablevision Systems Corp. Class A(a)

     9,813         171,826   

CBS Corp. Class A

     1,047         56,140   

CBS Corp. Class B Non-Voting Shares

     5,676         303,666   

Cinemark Holdings, Inc.

     4,072         138,611   

Comcast Corp. Class A

     43,178         2,322,113   

Comcast Corp. Special Class A

     10,463         559,771   
Investments    Shares      Value  
     

Gannett Co., Inc.

     8,932       $ 265,012   

Interpublic Group of Cos., Inc. (The)

     11,251         206,118   

John Wiley & Sons, Inc. Class A

     1,777         99,708   

Meredith Corp.

     1,758         75,242   

Morningstar, Inc.

     393         26,685   

National CineMedia, Inc.

     5,491         79,674   

Omnicom Group, Inc.

     7,511         517,207   

Regal Entertainment Group Class A(a)

     7,048         140,114   

Scripps Networks Interactive, Inc. Class A

     1,026         80,120   

Sinclair Broadcast Group, Inc. Class A(a)

     1,913         49,910   

Time Warner Cable, Inc.

     7,099         1,018,636   

Time Warner, Inc.

     20,069         1,509,390   

Twenty-First Century Fox, Inc. Class A

     14,472         496,245   

Twenty-First Century Fox, Inc. Class B

     8,116         270,344   

Viacom, Inc. Class A

     1,310         100,883   

Viacom, Inc. Class B

     7,964         612,750   

Walt Disney Co. (The)

     24,742         2,202,780   

World Wrestling Entertainment, Inc. Class A(a)

     1,411         19,430   
     

 

 

 
Total Media               11,322,375   
Metals & Mining – 0.9%      

Alcoa, Inc.

     17,916         288,268   

Allegheny Technologies, Inc.

     3,217         119,351   

Carpenter Technology Corp.

     911         41,132   

Cliffs Natural Resources, Inc.(a)

     5,238         54,370   

Commercial Metals Co.

     4,615         78,778   

Compass Minerals International, Inc.

     1,282         108,047   

Freeport-McMoRan, Inc.

     47,904         1,564,065   

Globe Specialty Metals, Inc.

     1,178         21,428   

Gold Resource Corp.(a)

     9,105         46,618   

Hecla Mining Co.

     5,816         14,424   

Kaiser Aluminum Corp.

     708         53,964   

Newmont Mining Corp.(a)

     21,649         499,009   

Nucor Corp.

     11,670         633,447   

Reliance Steel & Aluminum Co.

     1,739         118,947   

Royal Gold, Inc.(a)

     1,437         93,319   

Southern Copper Corp.(a)

     19,598         581,081   

Steel Dynamics, Inc.

     7,183         162,408   

U.S. Silica Holdings, Inc.

     1,437         89,827   

United States Steel Corp.

     1,722         67,451   

Walter Energy, Inc.(a)

     1,192         2,789   

Worthington Industries, Inc.

     1,605         59,738   
     

 

 

 
Total Metals & Mining               4,698,461   
Multi-Utilities – 2.1%      

Alliant Energy Corp.

     5,086         281,815   

Ameren Corp.

     13,692         524,814   

Avista Corp.(a)

     4,437         135,462   

Black Hills Corp.

     2,085         99,830   

CenterPoint Energy, Inc.

     19,779         483,992   

CMS Energy Corp.

     12,570         372,826   

Consolidated Edison, Inc.(a)

     16,295         923,275   

Dominion Resources, Inc.

     26,051         1,799,864   

DTE Energy Co.

     8,798         669,352   

Integrys Energy Group, Inc.(a)

     4,817         312,238   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      81   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Total Dividend Fund (DTD)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

MDU Resources Group, Inc.

     6,219       $ 172,950   

NiSource, Inc.

     12,032         493,071   

NorthWestern Corp.(a)

     2,205         100,019   

PG&E Corp.

     25,203         1,135,143   

Public Service Enterprise Group, Inc.

     28,438         1,059,031   

SCANA Corp.(a)

     7,865         390,183   

Sempra Energy

     8,920         939,990   

TECO Energy, Inc.(a)

     14,077         244,658   

Vectren Corp.

     4,359         173,924   

Wisconsin Energy Corp.(a)

     10,218         439,374   
     

 

 

 
Total Multi-Utilities               10,751,811   
Multiline Retail – 0.6%      

Family Dollar Stores, Inc.

     2,421         186,998   

Kohl’s Corp.(a)

     7,213         440,210   

Macy’s, Inc.

     9,657         561,844   

Nordstrom, Inc.

     5,010         342,534   

Target Corp.

     22,102         1,385,353   
     

 

 

 
Total Multiline Retail               2,916,939   
Oil, Gas & Consumable Fuels – 8.9%      

Anadarko Petroleum Corp.

     6,271         636,130   

Apache Corp.

     4,816         452,078   

Arch Coal, Inc.(a)

     11,684         24,770   

Cabot Oil & Gas Corp.

     1,298         42,432   

Chesapeake Energy Corp.

     11,537         265,236   

Chevron Corp.

     82,949         9,897,475   

Cimarex Energy Co.

     783         99,073   

Comstock Resources, Inc.(a)

     1,313         24,448   

ConocoPhillips(a)

     63,309         4,844,405   

CONSOL Energy, Inc.(a)

     4,219         159,731   

CVR Energy, Inc.(a)

     8,226         367,949   

Delek U.S. Holdings, Inc.

     1,414         46,832   

Devon Energy Corp.

     7,813         532,690   

Energen Corp.

     917         66,244   

EOG Resources, Inc.

     3,374         334,093   

EQT Corp.

     272         24,899   

EXCO Resources, Inc.(a)

     12,082         40,354   

Exxon Mobil Corp.

     144,094         13,552,041   

Hess Corp.

     5,396         508,951   

HollyFrontier Corp.

     6,423         280,557   

Kinder Morgan, Inc.

     63,969         2,452,571   

Marathon Oil Corp.

     19,538         734,433   

Marathon Petroleum Corp.

     7,619         645,101   

Murphy Oil Corp.

     4,904         279,087   

Noble Energy, Inc.(a)

     3,873         264,758   

Occidental Petroleum Corp.

     28,970         2,785,465   

ONEOK, Inc.(a)

     6,819         446,985   

PBF Energy, Inc. Class A

     2,512         60,288   

Peabody Energy Corp.(a)

     6,523         80,755   

Phillips 66

     16,880         1,372,513   

Pioneer Natural Resources Co.

     134         26,394   

Range Resources Corp.

     560         37,974   

SemGroup Corp. Class A

     964         80,272   

Spectra Energy Corp.

     31,458         1,235,041   
Investments    Shares      Value  
     

Targa Resources Corp.

     1,452       $ 197,719   

Tesoro Corp.(a)

     3,074         187,452   

Valero Energy Corp.

     13,286         614,743   

W&T Offshore, Inc.(a)

     3,605         39,655   

Western Refining, Inc.

     2,473         103,841   

Williams Cos., Inc. (The)

     35,737         1,978,043   
     

 

 

 
Total Oil, Gas & Consumable Fuels               45,823,478   
Paper & Forest Products – 0.2%      

International Paper Co.

     16,160         771,478   

PH Glatfelter Co.

     1,734         38,061   

Schweitzer-Mauduit International, Inc.

     1,402         57,917   
     

 

 

 
Total Paper & Forest Products               867,456   
Personal Products – 0.1%      

Avon Products, Inc.(a)

     8,207         103,408   

Estee Lauder Cos., Inc. (The) Class A

     3,417         255,318   

Nu Skin Enterprises, Inc. Class A(a)

     756         34,043   
     

 

 

 
Total Personal Products               392,769   
Pharmaceuticals – 7.3%      

AbbVie, Inc.

     61,143         3,531,620   

Allergan, Inc.

     897         159,836   

Bristol-Myers Squibb Co.

     57,124         2,923,606   

Eli Lilly & Co.

     56,686         3,676,087   

Johnson & Johnson

     105,583         11,254,092   

Merck & Co., Inc.

     134,648         7,981,934   

Pfizer, Inc.

     269,505         7,969,263   

Zoetis, Inc.

     5,298         195,761   
     

 

 

 
Total Pharmaceuticals               37,692,199   
Professional Services – 0.1%      

Acacia Research Corp.(a)

     1,883         29,149   

Corporate Executive Board Co. (The)

     853         51,240   

Dun & Bradstreet Corp. (The)

     763         89,630   

Equifax, Inc.

     2,332         174,294   

Insperity, Inc.(a)

     778         21,270   

Manpowergroup, Inc.

     1,274         89,307   

Robert Half International, Inc.

     3,038         148,862   

Towers Watson & Co. Class A(a)

     442         43,979   
     

 

 

 
Total Professional Services               647,731   
Real Estate Investment Trusts (REITs) – 6.5%      

Acadia Realty Trust

     3,297         90,931   

Agree Realty Corp.

     2,644         72,393   

Alexander’s, Inc.

     253         94,599   

Alexandria Real Estate Equities, Inc.

     3,958         291,903   

American Assets Trust, Inc.

     2,280         75,172   

American Campus Communities, Inc.

     5,612         204,557   

American Homes 4 Rent Class A

     3,652         61,682   

American Realty Capital Properties, Inc.

     50,264         606,184   

American Tower Corp.

     7,143         668,799   

Apartment Investment & Management Co. Class A

     6,744         214,594   

Ashford Hospitality Trust, Inc.

     10,029         102,496   

Associated Estates Realty Corp.

     5,495         96,217   

AvalonBay Communities, Inc.

     6,051         853,009   

 

See Notes to Financial Statements.

 

82   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Total Dividend Fund (DTD)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Aviv REIT, Inc.(a)

     4,324       $ 113,937   

BioMed Realty Trust, Inc.(a)

     11,702         236,380   

Boston Properties, Inc.(a)

     4,719         546,271   

Brandywine Realty Trust

     9,854         138,646   

Camden Property Trust

     4,492         307,837   

Campus Crest Communities, Inc.(a)

     9,881         63,238   

CBL & Associates Properties, Inc.(a)

     11,156         199,692   

Cedar Realty Trust, Inc.

     7         41   

Chambers Street Properties

     19,870         149,621   

Chesapeake Lodging Trust(a)

     4,002         116,658   

Corporate Office Properties Trust

     5,945         152,905   

Corrections Corp. of America

     8,255         283,642   

Cousins Properties, Inc.

     6,097         72,859   

Crown Castle International Corp.

     8,492         683,861   

CubeSmart

     6,215         111,746   

DCT Industrial Trust, Inc.

     18,222         136,847   

DDR Corp.(a)

     15,862         265,371   

DiamondRock Hospitality Co.

     8,366         106,081   

Digital Realty Trust, Inc.(a)

     10,789         673,018   

Douglas Emmett, Inc.

     5,733         147,166   

Duke Realty Corp.

     18,667         320,699   

DuPont Fabros Technology, Inc.(a)

     4,142         112,000   

EastGroup Properties, Inc.

     1,753         106,214   

Education Realty Trust, Inc.

     10,288         105,761   

EPR Properties

     3,908         198,057   

Equity Commonwealth

     6,422         165,110   

Equity Lifestyle Properties, Inc.

     3,007         127,377   

Equity One, Inc.

     6,651         143,861   

Equity Residential

     13,873         854,299   

Essex Property Trust, Inc.(a)

     2,322         415,058   

Excel Trust, Inc.

     7,787         91,653   

Extra Space Storage, Inc.

     5,597         288,637   

Federal Realty Investment Trust(a)

     2,597         307,641   

First Industrial Realty Trust, Inc.

     3,603         60,927   

First Potomac Realty Trust

     7,382         86,739   

Franklin Street Properties Corp.

     9,409         105,569   

General Growth Properties, Inc.

     32,561         766,812   

Geo Group, Inc. (The)

     6,183         236,314   

Getty Realty Corp.(a)

     4,443         75,531   

Gladstone Commercial Corp.(a)

     4,250         72,208   

Glimcher Realty Trust

     10,160         137,566   

Government Properties Income Trust

     5,614         123,003   

HCP, Inc.

     33,109         1,314,758   

Health Care REIT, Inc.

     20,383         1,271,288   

Healthcare Realty Trust, Inc.

     6,978         165,239   

Healthcare Trust of America, Inc. Class A

     13,604         157,806   

Hersha Hospitality Trust

     14,726         93,805   

Highwoods Properties, Inc.

     4,829         187,848   

Home Properties, Inc.

     3,517         204,830   

Hospitality Properties Trust

     12,692         340,780   

Host Hotels & Resorts, Inc.

     24,604         524,803   

Hudson Pacific Properties, Inc.

     3,163         78,000   

Inland Real Estate Corp.

     11,321         112,191   

Investors Real Estate Trust

     12,987         100,000   
Investments    Shares      Value  
     

Iron Mountain, Inc.(a)

     9,125       $ 297,931   

Kilroy Realty Corp.(a)

     2,895         172,079   

Kimco Realty Corp.

     22,554         494,158   

Kite Realty Group Trust

     2,895         70,175   

LaSalle Hotel Properties(a)

     4,745         162,469   

Lexington Realty Trust(a)

     18,378         179,921   

Liberty Property Trust

     9,717         323,187   

LTC Properties, Inc.

     3,163         116,683   

Macerich Co. (The)

     7,369         470,363   

Mack-Cali Realty Corp.

     6,395         122,208   

Medical Properties Trust, Inc.(a)

     12,879         157,897   

Mid-America Apartment Communities, Inc.

     3,938         258,530   

Monmouth Real Estate Investment Corp. Class A

     8,982         90,898   

National Health Investors, Inc.

     1,843         105,309   

National Retail Properties, Inc.(a)

     7,870         272,066   

Omega Healthcare Investors, Inc.

     9,940         339,849   

One Liberty Properties, Inc.(a)

     8         162   

Parkway Properties, Inc.

     5,085         95,496   

Pebblebrook Hotel Trust

     1,985         74,120   

Pennsylvania Real Estate Investment Trust

     4,451         88,753   

Piedmont Office Realty Trust, Inc. Class A

     9,790         172,696   

Plum Creek Timber Co., Inc.

     8,061         314,460   

Post Properties, Inc.

     2,148         110,278   

Potlatch Corp.

     1,979         79,576   

Prologis, Inc.

     19,238         725,273   

PS Business Parks, Inc.

     1,043         79,414   

Public Storage

     8,255         1,369,009   

Ramco-Gershenson Properties Trust

     6,369         103,496   

Rayonier, Inc.

     7,080         220,471   

Realty Income Corp.(a)

     14,789         603,243   

Regency Centers Corp.

     4,484         241,374   

Retail Opportunity Investments Corp.(a)

     6,396         94,021   

Retail Properties of America, Inc. Class A

     14,061         205,712   

RLJ Lodging Trust

     4,816         137,112   

Ryman Hospitality Properties, Inc.(a)

     3,204         151,549   

Sabra Health Care REIT, Inc.

     3,449         83,880   

Saul Centers, Inc.

     1,608         75,158   

Select Income REIT

     4,739         113,973   

Senior Housing Properties Trust

     15,303         320,139   

Simon Property Group, Inc.

     12,310         2,024,010   

SL Green Realty Corp.

     2,571         260,494   

Sovran Self Storage, Inc.

     1,293         96,148   

Spirit Realty Capital, Inc.

     25,597         280,799   

STAG Industrial, Inc.

     5,471         113,304   

Summit Hotel Properties, Inc.

     8,789         94,745   

Sun Communities, Inc.(a)

     3,046         153,823   

Sunstone Hotel Investors, Inc.

     4,616         63,793   

Tanger Factory Outlet Centers, Inc.

     3,182         104,115   

Taubman Centers, Inc.

     2,206         161,038   

UDR, Inc.

     12,167         331,551   

Universal Health Realty Income Trust(a)

     2,158         89,945   

Urstadt Biddle Properties, Inc. Class A(a)

     4,145         84,144   

Ventas, Inc.

     17,471         1,082,328   

Vornado Realty Trust

     7,529         752,599   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      83   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Total Dividend Fund (DTD)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

W.P. Carey, Inc.(a)

     4,532       $ 289,006   

Washington Real Estate Investment Trust(a)

     5,119         129,920   

Weingarten Realty Investors

     6,482         204,183   

Weyerhaeuser Co.

     20,839         663,931   

Winthrop Realty Trust

     6,802         102,506   
     

 

 

 
Total Real Estate Investment Trusts (REITs)               33,566,207   
Road & Rail – 1.0%      

Con-way, Inc.

     1,037         49,258   

CSX Corp.

     28,054         899,411   

JB Hunt Transport Services, Inc.

     1,101         81,529   

Kansas City Southern(a)

     975         118,170   

Knight Transportation, Inc.

     3,062         83,868   

Landstar System, Inc.(a)

     2,298         165,893   

Norfolk Southern Corp.

     9,127         1,018,573   

Ryder System, Inc.

     1,449         130,367   

Union Pacific Corp.

     23,651         2,564,241   

Werner Enterprises, Inc.

     6         151   
     

 

 

 
Total Road & Rail               5,111,461   
Semiconductors & Semiconductor Equipment – 2.8%      

Altera Corp.(a)

     7,935         283,914   

Analog Devices, Inc.

     11,009         544,835   

Applied Materials, Inc.

     37,357         807,285   

Broadcom Corp. Class A

     10,387         419,843   

Brooks Automation, Inc.

     6,391         67,169   

Intel Corp.

     232,713         8,103,067   

Intersil Corp. Class A

     7,835         111,335   

KLA-Tencor Corp.

     6,208         489,066   

Linear Technology Corp.(a)

     7,065         313,615   

Maxim Integrated Products, Inc.

     13,019         393,695   

Microchip Technology, Inc.(a)

     8,587         405,564   

MKS Instruments, Inc.

     1,696         56,613   

NVIDIA Corp.(a)

     16,234         299,517   

Texas Instruments, Inc.

     39,804         1,898,253   

Xilinx, Inc.

     7,802         330,415   
     

 

 

 
Total Semiconductors & Semiconductor Equipment               14,524,186   
Software – 4.0%      

Activision Blizzard, Inc.

     10,259         213,285   

American Software, Inc. Class A

     4,212         37,150   

Blackbaud, Inc.

     1,196         46,991   

CA, Inc.

     17,928         500,908   

Compuware Corp.

     12,533         132,975   

FactSet Research Systems, Inc.(a)

     736         89,446   

Intuit, Inc.

     3,761         329,652   

Microsoft Corp.

     333,285         15,451,092   

Oracle Corp.

     82,313         3,150,942   

Solera Holdings, Inc.

     1,108         62,447   

Symantec Corp.

     23,260         546,842   
     

 

 

 
Total Software               20,561,730   
Specialty Retail – 1.7%      

Abercrombie & Fitch Co. Class A(a)

     2,708         98,409   

Advance Auto Parts, Inc.

     203         26,451   
Investments    Shares      Value  
     

American Eagle Outfitters, Inc.(a)

     9,078       $ 131,813   

Best Buy Co., Inc.

     7,376         247,760   

Buckle, Inc. (The)(a)

     1,247         56,601   

Chico’s FAS, Inc.(a)

     2,581         38,121   

Dick’s Sporting Goods, Inc.

     1,156         50,725   

DSW, Inc. Class A

     1,362         41,010   

Foot Locker, Inc.

     4,046         225,160   

GameStop Corp. Class A(a)

     3,454         142,305   

Gap, Inc. (The)

     12,728         530,630   

GNC Holdings, Inc. Class A

     1,478         57,258   

Guess?, Inc.(a)

     3,196         70,216   

Home Depot, Inc. (The)

     37,545         3,444,378   

L Brands, Inc.

     7,128         477,433   

Lowe’s Cos., Inc.

     20,546         1,087,294   

Men’s Wearhouse, Inc. (The)

     1,303         61,528   

Penske Automotive Group, Inc.

     1,777         72,128   

PetSmart, Inc.(a)

     1,251         87,683   

Rent-A-Center, Inc.

     1,990         60,397   

Ross Stores, Inc.

     2,866         216,612   

Staples, Inc.(a)

     26,425         319,742   

Tiffany & Co.

     2,550         245,590   

TJX Cos., Inc. (The)

     8,946         529,335   

Tractor Supply Co.(a)

     1,411         86,791   

Williams-Sonoma, Inc.

     2,724         181,337   
     

 

 

 
Total Specialty Retail               8,586,707   
Technology Hardware, Storage & Peripherals – 4.4%   

Apple, Inc.

     182,167         18,353,326   

Diebold, Inc.(a)

     3,232         114,154   

EMC Corp.

     45,347         1,326,853   

Hewlett-Packard Co.

     53,060         1,882,038   

Lexmark International, Inc. Class A

     3,272         139,060   

NetApp, Inc.

     6,662         286,200   

SanDisk Corp.

     3,897         381,711   

Western Digital Corp.

     4,644         451,954   
     

 

 

 
Total Technology Hardware, Storage & Peripherals               22,935,296   
Textiles, Apparel & Luxury Goods – 0.5%      

Carter’s, Inc.(a)

     732         56,745   

Coach, Inc.

     8,834         314,579   

Columbia Sportswear Co.

     1,730         61,899   

Hanesbrands, Inc.

     1,551         166,639   

NIKE, Inc. Class B

     10,413         928,840   

Ralph Lauren Corp.

     861         141,832   

VF Corp.

     10,164         671,129   

Wolverine World Wide, Inc.

     1,414         35,435   
     

 

 

 
Total Textiles, Apparel & Luxury Goods               2,377,098   
Thrifts & Mortgage Finance – 0.3%      

Astoria Financial Corp.

     9         111   

Berkshire Hills Bancorp, Inc.

     6         141   

Brookline Bancorp, Inc.

     8,498         72,658   

Capitol Federal Financial, Inc.(a)

     6,518         77,043   

Dime Community Bancshares, Inc.(a)

     4,449         64,065   

Hudson City Bancorp, Inc.

     12,004         116,679   

 

See Notes to Financial Statements.

 

84   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Total Dividend Fund (DTD)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

New York Community Bancorp, Inc.(a)

     35,038       $ 556,053   

Northwest Bancshares, Inc.(a)

     7,247         87,689   

OceanFirst Financial Corp.

     9         143   

Oritani Financial Corp.

     5,401         76,100   

People’s United Financial, Inc.(a)

     17,339         250,895   

Provident Financial Services, Inc.

     3,465         56,722   

TrustCo Bank Corp.(a)

     10,577         68,116   

Washington Federal, Inc.(a)

     2,585         52,631   
     

 

 

 
Total Thrifts & Mortgage Finance               1,479,046   
Tobacco – 3.4%      

Altria Group, Inc.

     132,461         6,085,258   

Lorillard, Inc.

     20,965         1,256,013   

Philip Morris International, Inc.

     91,840         7,659,456   

Reynolds American, Inc.

     36,555         2,156,745   

Universal Corp.(a)

     1,583         70,269   

Vector Group Ltd.(a)

     11,575         256,743   
     

 

 

 
Total Tobacco               17,484,484   
Trading Companies & Distributors – 0.2%      

Applied Industrial Technologies, Inc.

     1,339         61,125   

Fastenal Co.(a)

     7,973         357,988   

GATX Corp.

     1,586         92,575   

Kaman Corp.(a)

     1,539         60,483   

MSC Industrial Direct Co., Inc. Class A

     1,011         86,400   

TAL International Group, Inc.*

     2,458         101,392   

W.W. Grainger, Inc.(a)

     1,300         327,145   

Watsco, Inc.

     857         73,856   
     

 

 

 
Total Trading Companies & Distributors               1,160,964   
Water Utilities – 0.1%      

American States Water Co.

     2,918         88,765   

American Water Works Co., Inc.

     5,746         277,130   

Aqua America, Inc.(a)

     5,984         140,803   

California Water Service Group

     3,854         86,484   

Connecticut Water Service, Inc.

     6         195   

Middlesex Water Co.(a)

     2,190         42,924   

SJW Corp.(a)

     2,311         62,097   
     

 

 

 
Total Water Utilities               698,398   
Wireless Telecommunication Services – 0.0%      

Telephone & Data Systems, Inc.

     2,852         68,334   

TOTAL COMMON STOCKS

(Cost: $395,376,973)

              513,641,514   
EXCHANGE-TRADED FUND – 0.3%      
United States – 0.3%      
WisdomTree Total Earnings Fund(b)
(Cost: $1,466,730)
     21,099         1,494,020   
     
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 4.3%   
United States – 4.3%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(c)

     
(Cost: $22,327,377)(d)      22,327,377       $ 22,327,377   

TOTAL INVESTMENTS IN SECURITIES – 104.1%

(Cost: $419,171,080)

  

  

     537,462,911   

Liabilities in Excess of Cash and
Other Assets – (4.1)%

        (21,281,395
     

 

 

 
NET ASSETS – 100.0%             $ 516,181,516   
* Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

Affiliated company (See Note 7).

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(d) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $26,212,219 and the total market value of the collateral held by the Fund was $26,856,437. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $4,529,060.

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      85   


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Total Earnings Fund (EXT)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 99.9%      
United States – 99.9%      
Aerospace & Defense – 2.8%      

AAR Corp.(a)

     318       $ 7,680   

Alliant Techsystems, Inc.(a)

     317         40,462   

B/E Aerospace, Inc.*

     270         22,664   

Boeing Co. (The)

     3,084         392,840   

Cubic Corp.(a)

     164         7,675   

Curtiss-Wright Corp.(a)

     209         13,777   

Esterline Technologies Corp.*(a)

     160         17,803   

Exelis, Inc.

     1,684         27,853   

GenCorp, Inc.*(a)

     630         10,061   

General Dynamics Corp.

     1,619         205,759   

HEICO Corp.(a)

     109         5,090   

Hexcel Corp.*(a)

     275         10,917   

Honeywell International, Inc.

     3,472         323,313   

Huntington Ingalls Industries, Inc.

     207         21,571   

L-3 Communications Holdings, Inc.

     652         77,536   

Lockheed Martin Corp.

     2,019         369,033   

Moog, Inc. Class A*(a)

     215         14,706   

National Presto Industries, Inc.(a)

     55         3,339   

Northrop Grumman Corp.

     1,408         185,518   

Orbital Sciences Corp.*

     267         7,423   

Precision Castparts Corp.

     485         114,887   

Raytheon Co.

     2,079         211,268   

Rockwell Collins, Inc.(a)

     678         53,223   

Teledyne Technologies, Inc.*(a)

     160         15,042   

Textron, Inc.(a)

     959         34,514   

TransDigm Group, Inc.(a)

     105         19,355   

Triumph Group, Inc.(a)

     351         22,833   

United Technologies Corp.

     3,809         402,230   

Vectrus, Inc.*

     94         1,827   
     

 

 

 
Total Aerospace & Defense         2,640,199   
Air Freight & Logistics – 0.5%      

Atlas Air Worldwide Holdings, Inc.*(a)

     194         6,406   

C.H. Robinson Worldwide, Inc.(a)

     512         33,956   

Expeditors International of Washington, Inc.(a)

     546         22,157   

FedEx Corp.

     968         156,283   

Forward Air Corp.(a)

     131         5,873   

Hub Group, Inc. Class A*

     163         6,606   

Park-Ohio Holdings Corp.(a)

     191         9,141   

United Parcel Service, Inc. Class B

     2,906         285,631   
     

 

 

 
Total Air Freight & Logistics         526,053   
Airlines – 0.5%      

Alaska Air Group, Inc.(a)

     952         41,450   

Allegiant Travel Co.(a)

     104         12,861   

American Airlines Group, Inc.(a)

     1,872         66,418   

Delta Air Lines, Inc.

     6,128         221,527   

Hawaiian Holdings, Inc.*(a)

     762         10,249   

JetBlue Airways Corp.*(a)

     1,251         13,286   

SkyWest, Inc.(a)

     402         3,127   

Southwest Airlines Co.

     2,554         86,249   

Spirit Airlines, Inc.*

     277         19,152   
     

 

 

 
Total Airlines         474,319   
Investments    Shares      Value  
     
Auto Components – 0.5%      

American Axle & Manufacturing Holdings, Inc.*

     1,088       $ 18,246   

BorgWarner, Inc.(a)

     954         50,190   

Cooper Tire & Rubber Co.(a)

     932         26,748   

Dana Holding Corp.(a)

     155         2,971   

Dorman Products, Inc.*(a)

     164         6,570   

Gentex Corp.(a)

     480         12,850   

Goodyear Tire & Rubber Co. (The)(a)

     1,350         30,490   

Johnson Controls, Inc.(a)

     1,996         87,824   

Lear Corp.

     1,264         109,222   

Standard Motor Products, Inc.(a)

     216         7,437   

Superior Industries International, Inc.(a)

     195         3,418   

Tenneco, Inc.*(a)

     319         16,687   

TRW Automotive Holdings Corp.*

     1,102         111,578   

Visteon Corp.*

     112         10,892   
     

 

 

 
Total Auto Components         495,123   
Automobiles – 0.5%      

Ford Motor Co.(a)

     28,984         428,673   

Harley-Davidson, Inc.(a)

     831         48,364   

Thor Industries, Inc.

     246         12,669   

Winnebago Industries, Inc.*(a)

     241         5,247   
     

 

 

 
Total Automobiles         494,953   
Banks – 8.9%      

1st Source Corp.(a)

     166         4,728   

Associated Banc-Corp.(a)

     810         14,110   

BancFirst Corp.(a)

     83         5,192   

BancorpSouth, Inc.(a)

     377         7,593   

Bank of America Corp.

     52,975         903,224   

Bank of Hawaii Corp.(a)

     247         14,032   

Bank of the Ozarks, Inc.(a)

     504         15,886   

BankUnited, Inc.(a)

     439         13,385   

Banner Corp.(a)

     129         4,963   

BB&T Corp.(a)

     3,364         125,174   

BBCN Bancorp, Inc.(a)

     385         5,617   

BOK Financial Corp.(a)

     410         27,257   

Boston Private Financial Holdings, Inc.(a)

     467         5,786   

Camden National Corp.(a)

     129         4,515   

Cardinal Financial Corp.(a)

     591         10,088   

Cathay General Bancorp(a)

     324         8,045   

Central Pacific Financial Corp.(a)

     431         7,728   

Chemical Financial Corp.(a)

     159         4,276   

CIT Group, Inc.(a)

     1,221         56,117   

Citigroup, Inc.

     19,115         990,539   

City Holding Co.(a)

     128         5,393   

City National Corp.(a)

     261         19,750   

CoBiz Financial, Inc.(a)

     559         6,250   

Columbia Banking System, Inc.(a)

     212         5,260   

Comerica, Inc.(a)

     1,101         54,896   

Commerce Bancshares, Inc.(a)

     486         21,697   

Community Bank System, Inc.(a)

     187         6,281   

Community Trust Bancorp, Inc.(a)

     138         4,641   

Cullen/Frost Bankers, Inc.(a)

     318         24,330   

Customers Bancorp, Inc.*(a)

     301         5,406   

 

See Notes to Financial Statements.

 

86   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Total Earnings Fund (EXT)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

CVB Financial Corp.(a)

     341       $ 4,893   

East West Bancorp, Inc.

     818         27,812   

Fifth Third Bancorp

     6,609         132,312   

First Citizens BancShares, Inc. Class A(a)

     50         10,831   

First Commonwealth Financial Corp.(a)

     595         4,992   

First Financial Bancorp(a)

     276         4,369   

First Financial Bankshares, Inc.(a)

     288         8,004   

First Interstate BancSystem, Inc.

     264         7,014   

First Midwest Bancorp, Inc.(a)

     241         3,878   

First Niagara Financial Group, Inc.(a)

     1,352         11,262   

First Republic Bank(a)

     729         35,998   

FirstMerit Corp.(a)

     616         10,842   

Flushing Financial Corp.(a)

     263         4,805   

FNB Corp.(a)

     425         5,096   

Fulton Financial Corp.(a)

     1,244         13,784   

Glacier Bancorp, Inc.(a)

     291         7,525   

Great Southern Bancorp, Inc.(a)

     144         4,369   

Hancock Holding Co.

     242         7,756   

Hanmi Financial Corp.(a)

     451         9,092   

Home BancShares, Inc.(a)

     270         7,941   

Huntington Bancshares, Inc.

     6,014         58,516   

Iberiabank Corp.(a)

     135         8,439   

Independent Bank Corp.(a)

     111         3,965   

International Bancshares Corp.(a)

     514         12,678   

Investors Bancorp, Inc.(a)

     870         8,813   

JPMorgan Chase & Co.

     34,051         2,051,232   

KeyCorp(a)

     4,831         64,397   

Lakeland Financial Corp.(a)

     161         6,037   

M&T Bank Corp.(a)

     747         92,098   

MB Financial, Inc.(a)

     562         15,556   

National Penn Bancshares, Inc.(a)

     508         4,933   

NBT Bancorp, Inc.(a)

     182         4,099   

OFG Bancorp(a)

     345         5,168   

Old National Bancorp

     350         4,540   

PacWest Bancorp(a)

     592         24,408   

Park National Corp.(a)

     81         6,109   

Pinnacle Financial Partners, Inc.(a)

     192         6,931   

PNC Financial Services Group, Inc. (The)

     4,000         342,320   

Popular, Inc.*(a)

     924         27,198   

PrivateBancorp, Inc.(a)

     263         7,866   

Prosperity Bancshares, Inc.(a)

     315         18,009   

Regions Financial Corp.

     9,375         94,125   

Republic Bancorp, Inc. Class A(a)

     324         7,676   

S&T Bancorp, Inc.(a)

     137         3,214   

Seacoast Banking Corp. of Florida*(a)

     242         2,645   

Signature Bank*(a)

     192         21,516   

Simmons First National Corp. Class A(a)

     138         5,316   

South State Corp.

     133         7,437   

Southside Bancshares, Inc.(a)

     218         7,248   

Sterling Bancorp(a)

     507         6,485   

SunTrust Banks, Inc.

     2,746         104,430   

Susquehanna Bancshares, Inc.

     641         6,410   

SVB Financial Group*

     242         27,126   

Synovus Financial Corp.(a)

     2,769         65,459   
Investments    Shares      Value  
     

Texas Capital Bancshares, Inc.*(a)

     135       $ 7,787   

Tompkins Financial Corp.(a)

     111         4,893   

Trustmark Corp.(a)

     292         6,726   

U.S. Bancorp(a)

     11,463         479,497   

UMB Financial Corp.(a)

     197         10,746   

Umpqua Holdings Corp.(a)

     352         5,797   

Union Bankshares Corp.(a)

     490         11,319   

United Bankshares, Inc.(a)

     188         5,815   

United Community Banks, Inc.(a)

     862         14,189   

Valley National Bancorp(a)

     749         7,258   

Webster Financial Corp.(a)

     572         16,668   

Wells Fargo & Co.

     38,506         1,997,306   

WesBanco, Inc.(a)

     166         5,078   

Westamerica Bancorp(a)

     107         4,978   

Western Alliance Bancorp*(a)

     329         7,863   

Wilshire Bancorp, Inc.(a)

     1,023         9,442   

Wintrust Financial Corp.(a)

     163         7,281   

Zions Bancorp

     1,261         36,645   
     

 

 

 
Total Banks         8,476,421   
Beverages – 2.0%      

Boston Beer Co., Inc. (The) Class A*(a)

     28         6,209   

Brown-Forman Corp. Class B(a)

     657         59,275   

Coca-Cola Bottling Co. Consolidated(a)

     79         5,896   

Coca-Cola Co. (The)

     16,863         719,376   

Coca-Cola Enterprises, Inc.

     1,424         63,169   

Constellation Brands, Inc. Class A*(a)

     2,384         207,789   

Dr. Pepper Snapple Group, Inc.(a)

     1,034         66,496   

Molson Coors Brewing Co. Class B

     978         72,802   

Monster Beverage Corp.*(a)

     402         36,851   

National Beverage Corp.*(a)

     250         4,875   

PepsiCo, Inc.

     6,773         630,499   
     

 

 

 
Total Beverages         1,873,237   
Biotechnology – 1.5%      

Acorda Therapeutics, Inc.*(a)

     214         7,250   

Alexion Pharmaceuticals, Inc.*

     181         30,013   

Amgen, Inc.

     3,543         497,650   

Biogen Idec, Inc.*

     492         162,759   

Celgene Corp.*

     1,634         154,871   

Cubist Pharmaceuticals, Inc.*(a)

     144         9,553   

Emergent Biosolutions, Inc.*(a)

     167         3,559   

Gilead Sciences, Inc.*(a)

     3,458         368,104   

Myriad Genetics, Inc.*(a)

     516         19,902   

PDL BioPharma, Inc.(a)

     2,244         16,763   

Regeneron Pharmaceuticals, Inc.*(a)

     249         89,769   

United Therapeutics Corp.*(a)

     305         39,238   
     

 

 

 
Total Biotechnology         1,399,431   
Building Products – 0.1%      

A.O. Smith Corp.(a)

     220         10,401   

American Woodmark Corp.*

     107         3,944   

Armstrong World Industries, Inc.*(a)

     185         10,360   

Fortune Brands Home & Security, Inc.(a)

     427         17,554   

Lennox International, Inc.(a)

     163         12,530   

Masco Corp.(a)

     463         11,075   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      87   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Total Earnings Fund (EXT)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Owens Corning(a)

     237       $ 7,525   

Simpson Manufacturing Co., Inc.(a)

     162         4,722   
     

 

 

 
Total Building Products         78,111   
Capital Markets – 2.6%      

Affiliated Managers Group, Inc.*

     106         21,238   

Ameriprise Financial, Inc.

     1,079         133,127   

Arlington Asset Investment Corp. Class A(a)

     891         22,640   

Bank of New York Mellon Corp. (The)

     5,028         194,734   

BlackRock, Inc.

     735         241,315   

Calamos Asset Management, Inc. Class A(a)

     239         2,694   

Charles Schwab Corp. (The)

     2,978         87,523   

Cohen & Steers, Inc.(a)

     114         4,382   

Eaton Vance Corp.(a)

     511         19,280   

Federated Investors, Inc. Class B(a)

     565         16,588   

Financial Engines, Inc.(a)

     138         4,722   

Franklin Resources, Inc.(a)

     3,159         172,513   

FXCM, Inc. Class A(a)

     216         3,424   

GAMCO Investors, Inc. Class A(a)

     157         11,106   

Goldman Sachs Group, Inc. (The)(a)

     3,789         695,547   

Greenhill & Co., Inc.(a)

     84         3,905   

HFF, Inc. Class A

     250         7,238   

INTL FCStone, Inc.*(a)

     215         3,724   

Investment Technology Group, Inc.*(a)

     130         2,049   

Janus Capital Group, Inc.(a)

     1,112         16,169   

Legg Mason, Inc.(a)

     480         24,557   

LPL Financial Holdings, Inc.

     329         15,150   

Morgan Stanley

     8,645         298,858   

Northern Trust Corp.(a)

     925         62,928   

Raymond James Financial, Inc.

     543         29,094   

SEI Investments Co.(a)

     627         22,672   

State Street Corp.(a)

     2,481         182,626   

Stifel Financial Corp.*

     217         10,175   

T. Rowe Price Group, Inc.(a)

     918         71,971   

TD Ameritrade Holding Corp.(a)

     1,831         61,100   

Virtus Investment Partners, Inc.(a)

     78         13,549   

Waddell & Reed Financial, Inc. Class A

     330         17,058   

Walter Investment Management Corp.*(a)

     324         7,112   
     

 

 

 
Total Capital Markets         2,480,768   
Chemicals – 2.4%      

A. Schulman, Inc.(a)

     138         4,990   

Air Products & Chemicals, Inc.(a)

     776         101,020   

Airgas, Inc.(a)

     247         27,330   

Albemarle Corp.(a)

     401         23,619   

Ashland, Inc.(a)

     775         80,677   

Axiall Corp.(a)

     263         9,418   

Balchem Corp.(a)

     103         5,827   

Cabot Corp.

     265         13,454   

Calgon Carbon Corp.*

     379         7,345   

Celanese Corp. Series A(a)

     924         54,072   

CF Industries Holdings, Inc.

     576         160,831   

Cytec Industries, Inc.

     270         12,768   

Dow Chemical Co. (The)(a)

     5,725         300,219   

E.I. du Pont de Nemours & Co.(a)

     3,822         274,267   
Investments    Shares      Value  
     

Eastman Chemical Co.(a)

     922       $ 74,581   

Ecolab, Inc.(a)

     717         82,333   

Flotek Industries, Inc.*(a)

     514         13,400   

FMC Corp.(a)

     450         25,735   

H.B. Fuller Co.(a)

     197         7,821   

Huntsman Corp.(a)

     138         3,587   

Innophos Holdings, Inc.

     75         4,132   

Innospec, Inc.(a)

     196         7,036   

International Flavors & Fragrances, Inc.

     277         26,559   

Intrepid Potash, Inc.*(a)

     218         3,368   

Koppers Holdings, Inc.(a)

     218         7,229   

Landec Corp.*(a)

     195         2,389   

LSB Industries, Inc.*(a)

     142         5,071   

Minerals Technologies, Inc.(a)

     154         9,503   

Monsanto Co.

     1,737         195,430   

Mosaic Co. (The)(a)

     2,580         114,578   

NewMarket Corp.(a)

     59         22,480   

Olin Corp.(a)

     504         12,726   

OMNOVA Solutions, Inc.*(a)

     567         3,045   

PolyOne Corp.(a)

     344         12,239   

PPG Industries, Inc.

     485         95,419   

Praxair, Inc.(a)

     1,102         142,158   

Quaker Chemical Corp.(a)

     79         5,663   

Rayonier Advanced Materials, Inc.(a)

     214         7,043   

Rockwood Holdings, Inc.

     7         535   

RPM International, Inc.(a)

     574         26,278   

Scotts Miracle-Gro Co. (The) Class A(a)

     212         11,660   

Sensient Technologies Corp.

     220         11,517   

Sherwin-Williams Co. (The)(a)

     355         77,741   

Sigma-Aldrich Corp.

     428         58,212   

Stepan Co.(a)

     162         7,190   

Valspar Corp. (The)

     343         27,094   

W.R. Grace & Co.*

     331         30,101   

Westlake Chemical Corp.

     781         67,627   
     

 

 

 
Total Chemicals         2,277,317   
Commercial Services & Supplies – 0.5%      

ABM Industries, Inc.(a)

     244         6,268   

ACCO Brands Corp.*(a)

     1,300         8,970   

ADT Corp. (The)(a)

     932         33,049   

Brink’s Co. (The)(a)

     295         7,092   

Cintas Corp.(a)

     468         33,036   

Civeo Corp.(a)

     704         8,173   

Clean Harbors, Inc.*(a)

     163         8,789   

Copart, Inc.*

     482         15,094   

Covanta Holding Corp.(a)

     410         8,700   

Deluxe Corp.(a)

     414         22,836   

Ennis, Inc.(a)

     328         4,320   

Herman Miller, Inc.(a)

     248         7,403   

HNI Corp.(a)

     165         5,938   

KAR Auction Services, Inc.

     241         6,900   

Knoll, Inc.(a)

     328         5,678   

Matthews International Corp. Class A(a)

     132         5,794   

McGrath RentCorp(a)

     86         2,941   

Mobile Mini, Inc.(a)

     159         5,560   

 

See Notes to Financial Statements.

 

88   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Total Earnings Fund (EXT)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

MSA Safety, Inc.(a)

     182       $ 8,991   

Pitney Bowes, Inc.(a)

     1,472         36,785   

Republic Services, Inc.

     1,166         45,497   

Rollins, Inc.(a)

     302         8,843   

Steelcase, Inc. Class A(a)

     397         6,427   

Stericycle, Inc.*(a)

     184         21,447   

Tetra Tech, Inc.(a)

     216         5,396   

UniFirst Corp.(a)

     141         13,619   

United Stationers, Inc.(a)

     267         10,031   

Waste Connections, Inc.

     353         17,128   

Waste Management, Inc.(a)

     1,656         78,710   

West Corp.(a)

     469         13,817   
     

 

 

 
Total Commercial Services & Supplies         463,232   
Communications Equipment – 1.9%      

ADTRAN, Inc.(a)

     383         7,863   

Black Box Corp.(a)

     133         3,101   

Brocade Communications Systems, Inc.

     1,830         19,892   

Cisco Systems, Inc.

     39,525         994,844   

Comtech Telecommunications Corp.(a)

     129         4,792   

EchoStar Corp. Class A*

     5         244   

F5 Networks, Inc.*(a)

     235         27,904   

Finisar Corp.*(a)

     163         2,711   

Harris Corp.

     615         40,836   

Ixia*(a)

     220         2,011   

Juniper Networks, Inc.

     1,266         28,042   

Motorola Solutions, Inc.(a)

     1,353         85,618   

NETGEAR, Inc.*(a)

     136         4,250   

Plantronics, Inc.(a)

     195         9,317   

QUALCOMM, Inc.

     7,771         581,038   

Ubiquiti Networks, Inc.*(a)

     327         12,272   
     

 

 

 
Total Communications Equipment         1,824,735   
Construction & Engineering – 0.3%      

AECOM Technology Corp.*(a)

     698         23,558   

Aegion Corp.*(a)

     380         8,455   

Comfort Systems USA, Inc.(a)

     195         2,642   

EMCOR Group, Inc.(a)

     275         10,989   

Fluor Corp.(a)

     774         51,695   

Jacobs Engineering Group, Inc.*(a)

     600         29,292   

KBR, Inc.(a)

     911         17,154   

MasTec, Inc.*(a)

     462         14,146   

Pike Corp.*(a)

     455         5,410   

Primoris Services Corp.(a)

     246         6,603   

Quanta Services, Inc.*(a)

     888         32,226   

Tutor Perini Corp.*(a)

     295         7,788   

URS Corp.(a)

     535         30,821   
     

 

 

 
Total Construction & Engineering         240,779   
Construction Materials – 0.0%      

Eagle Materials, Inc.(a)

     84         8,554   

Martin Marietta Materials, Inc.(a)

     60         7,736   
     

 

 

 
Total Construction Materials         16,290   
Consumer Finance – 1.3%      

American Express Co.(a)

     4,669         408,724   

Capital One Financial Corp.

     4,855         396,265   
Investments    Shares      Value  
     

Cash America International, Inc.(a)

     301       $ 13,184   

Credit Acceptance Corp.*(a)

     161         20,297   

Discover Financial Services(a)

     3,754         241,720   

Encore Capital Group, Inc.*(a)

     183         8,109   

EZCORP, Inc. Class A*(a)

     759         7,522   

First Cash Financial Services, Inc.*(a)

     113         6,326   

Green Dot Corp. Class A*(a)

     378         7,991   

Navient Corp.

     4,589         81,271   

Nelnet, Inc. Class A(a)

     612         26,371   

Portfolio Recovery Associates, Inc.*(a)

     220         11,491   

Regional Management Corp.*(a)

     189         3,392   

SLM Corp.(a)

     4,589         39,282   

World Acceptance Corp.*(a)

     110         7,425   
     

 

 

 
Total Consumer Finance         1,279,370   
Containers & Packaging – 0.3%      

AptarGroup, Inc.(a)

     241         14,629   

Avery Dennison Corp.(a)

     354         15,806   

Ball Corp.(a)

     699         44,226   

Bemis Co., Inc.(a)

     349         13,269   

Crown Holdings, Inc.*(a)

     785         34,948   

Graphic Packaging Holding Co.*(a)

     917         11,398   

Greif, Inc. Class A

     295         12,924   

MeadWestvaco Corp.(a)

     272         11,136   

Owens-Illinois, Inc.*(a)

     591         15,395   

Packaging Corp. of America

     329         20,997   

Rock-Tenn Co. Class A

     1,155         54,955   

Silgan Holdings, Inc.(a)

     293         13,771   

Sonoco Products Co.

     427         16,777   
     

 

 

 
Total Containers & Packaging         280,231   
Distributors – 0.1%      

Core-Mark Holding Co., Inc.(a)

     166         8,805   

Genuine Parts Co.(a)

     623         54,643   

LKQ Corp.*(a)

     698         18,560   

Pool Corp.(a)

     170         9,166   

VOXX International Corp.*(a)

     375         3,488   
     

 

 

 
Total Distributors         94,662   
Diversified Consumer Services – 0.2%      

Apollo Education Group, Inc.*(a)

     975         24,521   

Bridgepoint Education, Inc.*(a)

     775         8,649   

Capella Education Co.(a)

     107         6,698   

DeVry Education Group, Inc.(a)

     466         19,950   

Graham Holdings Co. Class B

     31         21,687   

Grand Canyon Education, Inc.*(a)

     291         11,864   

H&R Block, Inc.

     1,352         41,926   

Service Corp. International(a)

     436         9,217   

Sotheby’s(a)

     250         8,930   

Strayer Education, Inc.*

     166         9,940   

Weight Watchers International, Inc.(a)

     575         15,778   
     

 

 

 
Total Diversified Consumer Services         179,160   
Diversified Financial Services – 2.2%      

Berkshire Hathaway, Inc. Class B*

     12,452         1,720,119   

CBOE Holdings, Inc.(a)

     279         14,933   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      89   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Total Earnings Fund (EXT)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

CME Group, Inc.(a)

     1,032       $ 82,514   

Interactive Brokers Group, Inc. Class A

     315         7,859   

Intercontinental Exchange, Inc.(a)

     211         41,156   

Leucadia National Corp.(a)

     1,547         36,880   

MarketAxess Holdings, Inc.(a)

     114         7,052   

McGraw Hill Financial, Inc.

     991         83,690   

Moody’s Corp.(a)

     919         86,846   

MSCI, Inc.*(a)

     435         20,454   

NASDAQ OMX Group, Inc. (The)(a)

     832         35,293   

PHH Corp.*(a)

     347         7,759   
     

 

 

 
Total Diversified Financial Services         2,144,555   
Diversified Telecommunication Services – 1.8%      

8x8, Inc.*(a)

     650         4,342   

AT&T, Inc.(a)

     29,937         1,054,980   

Atlantic Tele-Network, Inc.(a)

     105         5,659   

CenturyLink, Inc.

     2,430         99,363   

Frontier Communications Corp.(a)

     1,830         11,913   

Iridium Communications, Inc.*(a)

     1,055         9,337   

tw telecom, Inc.*

     357         14,855   

Verizon Communications, Inc.

     10,449         522,345   

Windstream Holdings, Inc.

     1,164         12,548   
     

 

 

 
Total Diversified Telecommunication Services         1,735,342   
Electric Utilities – 1.7%      

ALLETE, Inc.(a)

     186         8,257   

American Electric Power Co., Inc.

     1,998         104,316   

Cleco Corp.(a)

     357         17,190   

Duke Energy Corp.(a)

     2,752         205,767   

Edison International

     2,525         141,198   

El Paso Electric Co.

     217         7,931   

Empire District Electric Co. (The)(a)

     136         3,284   

Entergy Corp.(a)

     1,055         81,583   

Exelon Corp.(a)

     5,625         191,756   

FirstEnergy Corp.(a)

     1,178         39,545   

Great Plains Energy, Inc.(a)

     810         19,578   

Hawaiian Electric Industries, Inc.(a)

     346         9,186   

IDACORP, Inc.(a)

     215         11,526   

ITC Holdings Corp.

     465         16,568   

MGE Energy, Inc.(a)

     199         7,415   

NextEra Energy, Inc.

     1,617         151,804   

Northeast Utilities(a)

     1,694         75,044   

OGE Energy Corp.(a)

     856         31,766   

Pepco Holdings, Inc.(a)

     861         23,040   

Pinnacle West Capital Corp.(a)

     585         31,964   

PNM Resources, Inc.(a)

     369         9,192   

Portland General Electric Co.(a)

     371         11,917   

PPL Corp.

     4,776         156,844   

Southern Co. (The)(a)

     3,402         148,497   

UIL Holdings Corp.(a)

     137         4,850   

Westar Energy, Inc.(a)

     721         24,601   

Xcel Energy, Inc.(a)

     2,761         83,934   
     

 

 

 
Total Electric Utilities         1,618,553   
Investments    Shares      Value  
     
Electrical Equipment – 0.4%      

Acuity Brands, Inc.(a)

     139       $ 16,362   

AMETEK, Inc.

     730         36,653   

AZZ, Inc.(a)

     106         4,428   

Babcock & Wilcox Co. (The)(a)

     539         14,925   

Emerson Electric Co.(a)

     3,006         188,115   

EnerSys(a)

     278         16,302   

Franklin Electric Co., Inc.(a)

     168         5,836   

Generac Holdings, Inc.(a)

     414         16,784   

Global Power Equipment Group, Inc.(a)

     162         2,414   

GrafTech International Ltd.*(a)

     954         4,369   

Hubbell, Inc. Class B

     264         31,820   

Polypore International, Inc.*(a)

     110         4,280   

Powell Industries, Inc.(a)

     86         3,514   

Regal-Beloit Corp.

     220         14,135   

Rockwell Automation, Inc.(a)

     531         58,346   
     

 

 

 
Total Electrical Equipment         418,283   
Electronic Equipment, Instruments & Components – 0.8%   

Amphenol Corp. Class A

     596         59,517   

Anixter International, Inc.(a)

     185         15,695   

Arrow Electronics, Inc.*

     587         32,490   

Avnet, Inc.

     981         40,712   

Belden, Inc.(a)

     183         11,716   

Benchmark Electronics, Inc.*

     433         9,617   

CDW Corp.

     489         15,183   

Cognex Corp.*(a)

     238         9,584   

Coherent, Inc.*(a)

     104         6,383   

Corning, Inc.

     9,179         177,522   

Dolby Laboratories, Inc. Class A*(a)

     670         27,999   

FEI Co.(a)

     140         10,559   

FLIR Systems, Inc.

     621         19,462   

II-VI, Inc.*(a)

     464         5,461   

Ingram Micro, Inc. Class A*

     1,221         31,514   

Insight Enterprises, Inc.*(a)

     558         12,628   

InvenSense, Inc.*(a)

     321         6,333   

IPG Photonics Corp.*(a)

     163         11,211   

Itron, Inc.*(a)

     131         5,150   

Jabil Circuit, Inc.(a)

     1,788         36,064   

Knowles Corp.*(a)

     424         11,236   

Littelfuse, Inc.(a)

     141         12,010   

MTS Systems Corp.(a)

     159         10,853   

National Instruments Corp.(a)

     295         9,124   

OSI Systems, Inc.*(a)

     59         3,745   

PC Connection, Inc.(a)

     433         9,297   

Plexus Corp.*(a)

     328         12,113   

Rofin-Sinar Technologies, Inc.*(a)

     216         4,981   

Rogers Corp.*(a)

     107         5,859   

Sanmina Corp.*

     244         5,090   

ScanSource, Inc.*(a)

     240         8,302   

SYNNEX Corp.*(a)

     269         17,386   

Tech Data Corp.*(a)

     297         17,481   

Trimble Navigation Ltd.*(a)

     426         12,993   

Vishay Intertechnology, Inc.(a)

     1,242         17,748   

 

See Notes to Financial Statements.

 

90   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Total Earnings Fund (EXT)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Zebra Technologies Corp. Class A*(a)

     236       $ 16,749   
     

 

 

 
Total Electronic Equipment, Instruments &
Components
         719,767   
Energy Equipment & Services – 1.1%   

Atwood Oceanics, Inc.*

     440         19,224   

Baker Hughes, Inc.

     1,682         109,431   

Bristow Group, Inc.(a)

     194         13,037   

C&J Energy Services, Inc.*(a)

     619         18,910   

Cameron International Corp.*(a)

     898         59,609   

CARBO Ceramics, Inc.(a)

     75         4,442   

Diamond Offshore Drilling, Inc.(a)

     787         26,971   

Dresser-Rand Group, Inc.*(a)

     207         17,028   

Dril-Quip, Inc.*(a)

     101         9,029   

Era Group, Inc.*(a)

     49         1,066   

FMC Technologies, Inc.*(a)

     656         35,627   

Forum Energy Technologies, Inc.*(a)

     315         9,642   

Gulfmark Offshore, Inc. Class A(a)

     111         3,480   

Halliburton Co.

     4,322         278,812   

Helmerich & Payne, Inc.(a)

     627         61,365   

Hornbeck Offshore Services, Inc.*(a)

     102         3,338   

Key Energy Services, Inc.*(a)

     1,187         5,745   

National Oilwell Varco, Inc.(a)

     2,413         183,629   

Newpark Resources, Inc.*(a)

     518         6,444   

Oceaneering International, Inc.(a)

     326         21,245   

Oil States International, Inc.*

     352         21,789   

Patterson-UTI Energy, Inc.

     899         29,244   

RPC, Inc.(a)

     759         16,668   

Seventy Seven Energy, Inc.*(a)

     101         2,398   

Superior Energy Services, Inc.(a)

     978         32,147   

Tidewater, Inc.(a)

     137         5,347   

Unit Corp.*(a)

     212         12,434   
     

 

 

 
Total Energy Equipment & Services         1,008,101   
Food & Staples Retailing – 2.7%   

Andersons, Inc. (The)(a)

     193         12,136   

Casey’s General Stores, Inc.(a)

     142         10,181   

Costco Wholesale Corp.

     1,358         170,185   

CVS Health Corp.

     5,281         420,315   

Fresh Market, Inc. (The)*(a)

     74         2,585   

Ingles Markets, Inc. Class A(a)

     238         5,638   

Kroger Co. (The)

     3,126         162,552   

PriceSmart, Inc.(a)

     102         8,735   

Rite Aid Corp.*(a)

     2,487         12,037   

Roundy’s, Inc.(a)

     751         2,245   

Safeway, Inc.(a)

     845         28,984   

SpartanNash Co.(a)

     103         2,003   

Sysco Corp.

     2,144         81,365   

United Natural Foods, Inc.*(a)

     187         11,493   

Wal-Mart Stores, Inc.(a)

     18,227         1,393,819   

Walgreen Co.

     3,558         210,883   

Weis Markets, Inc.(a)

     106         4,137   

Whole Foods Market, Inc.(a)

     708         26,982   
     

 

 

 
Total Food & Staples Retailing         2,566,275   
Investments    Shares      Value  
     
Food Products – 1.6%   

Archer-Daniels-Midland Co.

     2,656       $ 135,722   

B&G Foods, Inc.(a)

     140         3,857   

Cal-Maine Foods, Inc.

     158         14,114   

Campbell Soup Co.(a)

     1,440         61,531   

ConAgra Foods, Inc.(a)

     1,922         63,503   

Darling Ingredients, Inc.*(a)

     628         11,505   

Dean Foods Co.(a)

     669         8,864   

Flowers Foods, Inc.(a)

     654         12,007   

General Mills, Inc.

     2,726         137,527   

Hain Celestial Group, Inc. (The)*(a)

     88         9,007   

Hershey Co. (The)

     622         59,357   

Hormel Foods Corp.(a)

     1,048         53,857   

Ingredion, Inc.(a)

     481         36,455   

J&J Snack Foods Corp.(a)

     57         5,333   

J.M. Smucker Co. (The)(a)

     411         40,685   

Kellogg Co.(a)

     1,425         87,780   

Keurig Green Mountain, Inc.(a)

     506         65,846   

Kraft Foods Group, Inc.

     2,899         163,504   

Lancaster Colony Corp.(a)

     139         11,854   

McCormick & Co., Inc. Non-Voting Shares(a)

     436         29,168   

Mead Johnson Nutrition Co.(a)

     597         57,443   

Mondelez International, Inc. Class A

     6,507         222,962   

Pilgrim’s Pride Corp.*(a)

     2,239         68,424   

Seaboard Corp.*

     6         16,050   

Seneca Foods Corp. Class A*(a)

     115         3,289   

Snyder’s-Lance, Inc.(a)

     188         4,982   

Tootsie Roll Industries, Inc.(a)

     157         4,394   

TreeHouse Foods, Inc.*(a)

     113         9,097   

Tyson Foods, Inc. Class A(a)

     2,007         79,016   

WhiteWave Foods Co. (The)*(a)

     248         9,010   
     

 

 

 
Total Food Products         1,486,143   
Gas Utilities – 0.2%      

AGL Resources, Inc.(a)

     671         34,449   

Atmos Energy Corp.(a)

     453         21,608   

Laclede Group, Inc. (The)(a)

     106         4,918   

National Fuel Gas Co.(a)

     267         18,687   

New Jersey Resources Corp.(a)

     140         7,071   

Northwest Natural Gas Co.(a)

     114         4,817   

ONE Gas, Inc.(a)

     128         4,384   

Piedmont Natural Gas Co., Inc.(a)

     265         8,886   

Questar Corp.(a)

     751         16,740   

South Jersey Industries, Inc.(a)

     158         8,431   

Southwest Gas Corp.(a)

     209         10,153   

UGI Corp.(a)

     636         21,664   

WGL Holdings, Inc.(a)

     221         9,309   
     

 

 

 
Total Gas Utilities         171,117   
Health Care Equipment & Supplies – 1.7%      

Abbott Laboratories(a)

     6,298         261,934   

Align Technology, Inc.*(a)

     112         5,788   

Baxter International, Inc.(a)

     2,906         208,564   

Becton, Dickinson and Co.(a)

     868         98,787   

Boston Scientific Corp.*(a)

     2,991         35,324   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      91   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Total Earnings Fund (EXT)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

C.R. Bard, Inc.(a)

     343       $ 48,949   

CareFusion Corp.*

     892         40,363   

CONMED Corp.(a)

     162         5,968   

Cooper Cos., Inc. (The)(a)

     169         26,322   

Cyberonics, Inc.*(a)

     115         5,883   

DENTSPLY International, Inc.(a)

     432         19,699   

Edwards Lifesciences Corp.*(a)

     354         36,161   

Globus Medical, Inc. Class A*(a)

     276         5,429   

Greatbatch, Inc.*

     135         5,752   

Haemonetics Corp.*(a)

     158         5,517   

Hill-Rom Holdings, Inc.

     244         10,109   

IDEXX Laboratories, Inc.*(a)

     139         16,378   

Intuitive Surgical, Inc.*(a)

     161         74,353   

Masimo Corp.*(a)

     211         4,490   

Medtronic, Inc.(a)

     5,325         329,884   

PhotoMedex, Inc.*(a)

     249         1,544   

ResMed, Inc.(a)

     681         33,553   

Sirona Dental Systems, Inc.*(a)

     142         10,889   

St. Jude Medical, Inc.(a)

     1,221         73,419   

STERIS Corp.(a)

     269         14,515   

Stryker Corp.(a)

     964         77,843   

Teleflex, Inc.(a)

     141         14,811   

Thoratec Corp.*(a)

     113         3,020   

Varian Medical Systems, Inc.*(a)

     398         31,888   

West Pharmaceutical Services, Inc.(a)

     264         11,817   

Zimmer Holdings, Inc.

     717         72,094   
     

 

 

 
Total Health Care Equipment & Supplies         1,591,047   
Health Care Providers & Services – 2.7%      

Aetna, Inc.(a)

     2,162         175,122   

Air Methods Corp.*(a)

     153         8,499   

Amedisys, Inc.*(a)

     376         7,584   

AmerisourceBergen Corp.(a)

     576         44,525   

Amsurg Corp.*(a)

     183         9,159   

Cardinal Health, Inc.(a)

     1,484         111,181   

Centene Corp.*(a)

     80         6,617   

Chemed Corp.(a)

     133         13,686   

Cigna Corp.

     1,386         125,696   

Community Health Systems, Inc.*(a)

     563         30,847   

DaVita HealthCare Partners, Inc.*(a)

     1,023         74,822   

Ensign Group, Inc. (The)(a)

     183         6,368   

Express Scripts Holding Co.*(a)

     2,290         161,743   

Five Star Quality Care, Inc.*(a)

     1,845         6,956   

Hanger, Inc.*(a)

     166         3,406   

HCA Holdings, Inc.*

     2,765         194,988   

Health Net, Inc.*

     234         10,790   

HealthSouth Corp.(a)

     586         21,623   

Henry Schein, Inc.*(a)

     375         43,676   

Humana, Inc.(a)

     1,144         149,052   

Laboratory Corp. of America Holdings*

     464         47,212   

Landauer, Inc.(a)

     29         957   

LifePoint Hospitals, Inc.*

     267         18,474   

Magellan Health, Inc.*(a)

     167         9,140   

McKesson Corp.(a)

     858         167,027   

MEDNAX, Inc.*(a)

     480         26,314   
Investments    Shares      Value  
     

Molina Healthcare, Inc.*(a)

     127       $ 5,372   

MWI Veterinary Supply, Inc.*(a)

     51         7,568   

National Healthcare Corp.(a)

     54         2,998   

Omnicare, Inc.(a)

     315         19,612   

Owens & Minor, Inc.(a)

     246         8,054   

Patterson Cos., Inc.(a)

     562         23,284   

Quest Diagnostics, Inc.(a)

     763         46,299   

Select Medical Holdings Corp.(a)

     925         11,128   

Team Health Holdings, Inc.*(a)

     190         11,018   

Triple-S Management Corp. Class B*(a)

     239         4,756   

UnitedHealth Group, Inc.(a)

     6,122         528,022   

Universal American Corp.(a)

     785         6,311   

Universal Health Services, Inc. Class B(a)

     540         56,430   

VCA, Inc.*

     373         14,670   

WellCare Health Plans, Inc.*(a)

     331         19,973   

WellPoint, Inc.

     2,500         299,050   
     

 

 

 
Total Health Care Providers & Services         2,540,009   
Health Care Technology – 0.0%      

Cerner Corp.*(a)

     666         39,674   

Medidata Solutions, Inc.*(a)

     166         7,352   
     

 

 

 
Total Health Care Technology         47,026   
Hotels, Restaurants & Leisure – 1.5%      

Bally Technologies, Inc.*(a)

     187         15,091   

Bob Evans Farms, Inc.(a)

     194         9,184   

Bravo Brio Restaurant Group, Inc.*(a)

     240         3,113   

Brinker International, Inc.(a)

     428         21,738   

Buffalo Wild Wings, Inc.*(a)

     52         6,982   

Burger King Worldwide, Inc.(a)

     899         26,664   

Cheesecake Factory, Inc. (The)(a)

     138         6,279   

Chipotle Mexican Grill, Inc.*(a)

     60         39,995   

Choice Hotels International, Inc.(a)

     217         11,284   

Churchill Downs, Inc.

     61         5,947   

Cracker Barrel Old Country Store, Inc.(a)

     187         19,297   

Darden Restaurants, Inc.(a)

     666         34,272   

DineEquity, Inc.(a)

     80         6,527   

Domino’s Pizza, Inc.

     196         15,084   

Dunkin’ Brands Group, Inc.(a)

     190         8,516   

Einstein Noah Restaurant Group, Inc.(a)

     167         3,367   

Hyatt Hotels Corp. Class A*(a)

     236         14,283   

International Game Technology

     1,054         17,781   

International Speedway Corp. Class A(a)

     240         7,594   

Interval Leisure Group, Inc.(a)

     244         4,648   

Jack in the Box, Inc.

     167         11,388   

Krispy Kreme Doughnuts, Inc.*(a)

     560         9,610   

Las Vegas Sands Corp.(a)

     2,220         138,106   

Life Time Fitness, Inc.*(a)

     158         7,969   

Marriott International, Inc. Class A(a)

     1,061         74,164   

McDonald’s Corp.

     4,613         437,359   

Panera Bread Co. Class A*(a)

     80         13,018   

Papa John’s International, Inc.(a)

     342         13,677   

Penn National Gaming, Inc.*(a)

     509         5,706   

Six Flags Entertainment Corp.(a)

     315         10,833   

Sonic Corp.*(a)

     319         7,133   

 

See Notes to Financial Statements.

 

92   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Total Earnings Fund (EXT)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Speedway Motorsports, Inc.(a)

     135       $ 2,303   

Starbucks Corp.

     1,675         126,395   

Starwood Hotels & Resorts Worldwide, Inc.

     640         53,254   

Texas Roadhouse, Inc.(a)

     237         6,598   

Vail Resorts, Inc.

     48         4,164   

Wyndham Worldwide Corp.(a)

     564         45,831   

Wynn Resorts Ltd.(a)

     330         61,736   

Yum! Brands, Inc.

     1,369         98,541   
     

 

 

 
Total Hotels, Restaurants & Leisure         1,405,431   
Household Durables – 0.7%      

D.R. Horton, Inc.(a)

     1,824         37,428   

Ethan Allen Interiors, Inc.(a)

     162         3,694   

Harman International Industries, Inc.(a)

     107         10,490   

iRobot Corp.*(a)

     160         4,872   

Jarden Corp.*

     371         22,301   

KB Home(a)

     212         3,167   

La-Z-Boy, Inc.(a)

     264         5,224   

Leggett & Platt, Inc.(a)

     491         17,146   

Lennar Corp. Class A(a)

     1,001         38,869   

M/I Homes, Inc.*(a)

     424         8,404   

MDC Holdings, Inc.(a)

     705         17,850   

Meritage Homes Corp.*(a)

     198         7,029   

Mohawk Industries, Inc.*(a)

     190         25,616   

NACCO Industries, Inc. Class A(a)

     79         3,929   

Newell Rubbermaid, Inc.(a)

     1,121         38,574   

NVR, Inc.*(a)

     9         10,170   

PulteGroup, Inc.(a)

     11,418         201,642   

Ryland Group, Inc. (The)(a)

     540         17,949   

Standard Pacific Corp.*(a)

     3,120         23,369   

Taylor Morrison Home Corp. Class A*(a)

     980         15,896   

Tempur Sealy International, Inc.*(a)

     164         9,212   

Toll Brothers, Inc.*(a)

     1,219         37,984   

Tupperware Brands Corp.(a)

     294         20,298   

Whirlpool Corp.

     419         61,027   

William Lyon Homes Class A*(a)

     270         5,967   
     

 

 

 
Total Household Durables         648,107   
Household Products – 1.5%      

Central Garden and Pet Co. Class A*(a)

     439         3,530   

Church & Dwight Co., Inc.

     484         33,957   

Clorox Co. (The)(a)

     514         49,365   

Colgate-Palmolive Co.(a)

     3,084         201,138   

Energizer Holdings, Inc.(a)

     300         36,963   

Kimberly-Clark Corp.(a)

     1,574         169,315   

Procter & Gamble Co. (The)

     11,170         935,376   

WD-40 Co.(a)

     74         5,029   
     

 

 

 
Total Household Products         1,434,673   
Independent Power and Renewable Electricity Producers – 0.1%   

AES Corp.

     4,029         57,131   

Calpine Corp.*(a)

     305         6,618   

NRG Energy, Inc.(a)

     1,141         34,778   
     

 

 

 
Total Independent Power and Renewable
Electricity Producers
         98,527   
Investments    Shares      Value  
     
Industrial Conglomerates – 1.9%   

3M Co.(a)

     2,888       $ 409,172   

Carlisle Cos., Inc.

     296         23,792   

Danaher Corp.

     2,608         198,156   

General Electric Co.

     44,338         1,135,940   

Raven Industries, Inc.(a)

     106         2,586   

Roper Industries, Inc.(a)

     304         44,472   
     

 

 

 
Total Industrial Conglomerates         1,814,118   
Insurance – 3.3%   

Aflac, Inc.(a)

     3,790         220,767   

Alleghany Corp.*

     78         32,616   

Allstate Corp. (The)(a)

     3,038         186,442   

American Equity Investment Life Holding Co.(a)

     599         13,705   

American Financial Group, Inc.

     490         28,366   

American International Group, Inc.

     9,388         507,140   

American National Insurance Co.(a)

     165         18,546   

AMERISAFE, Inc.(a)

     190         7,431   

AmTrust Financial Services, Inc.(a)

     565         22,498   

Arthur J. Gallagher & Co.

     320         14,515   

Assurant, Inc.(a)

     622         39,995   

Brown & Brown, Inc.

     508         16,332   

Chubb Corp. (The)(a)

     1,506         137,166   

Cincinnati Financial Corp.(a)

     893         42,016   

CNA Financial Corp.(a)

     1,294         49,211   

CNO Financial Group, Inc.

     1,643         27,865   

Employers Holdings, Inc.(a)

     248         4,774   

FBL Financial Group, Inc. Class A(a)

     295         13,187   

First American Financial Corp.(a)

     707         19,174   

Genworth Financial, Inc. Class A*

     2,910         38,121   

Hanover Insurance Group, Inc. (The)(a)

     269         16,522   

Hartford Financial Services Group, Inc. (The)(a)

     1,870         69,657   

HCC Insurance Holdings, Inc.

     624         30,133   

Hilltop Holdings, Inc.*

     157         3,148   

Horace Mann Educators Corp.(a)

     322         9,180   

Infinity Property & Casualty Corp.(a)

     104         6,657   

Kemper Corp.(a)

     221         7,547   

Lincoln National Corp.(a)

     1,980         106,088   

Loews Corp.

     1,483         61,782   

Markel Corp.*(a)

     31         19,721   

Marsh & McLennan Cos., Inc.(a)

     2,183         114,258   

MBIA, Inc.*(a)

     5,016         46,047   

Mercury General Corp.(a)

     216         10,543   

MetLife, Inc.

     8,482         455,653   

National Western Life Insurance Co. Class A(a)

     34         8,398   

Navigators Group, Inc. (The)*(a)

     61         3,752   

Old Republic International Corp.(a)

     1,304         18,621   

Primerica, Inc.(a)

     464         22,374   

Principal Financial Group, Inc.(a)

     1,568         82,273   

ProAssurance Corp.(a)

     400         17,628   

Progressive Corp. (The)(a)

     2,571         64,995   

Protective Life Corp.

     682         47,338   

Reinsurance Group of America, Inc.(a)

     397         31,812   

RLI Corp.(a)

     302         13,074   

Safety Insurance Group, Inc.(a)

     129         6,954   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      93   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Total Earnings Fund (EXT)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Selective Insurance Group, Inc.(a)

     165       $ 3,653   

StanCorp Financial Group, Inc.(a)

     357         22,555   

State Auto Financial Corp.(a)

     346         7,096   

Stewart Information Services Corp.(a)

     261         7,660   

Symetra Financial Corp.(a)

     959         22,373   

Torchmark Corp.(a)

     831         43,519   

Travelers Cos., Inc. (The)(a)

     2,622         246,311   

United Fire Group, Inc.(a)

     192         5,332   

Universal Insurance Holdings, Inc.(a)

     221         2,858   

Unum Group(a)

     2,128         73,161   

W.R. Berkley Corp.(a)

     747         35,707   
     

 

 

 
Total Insurance         3,184,247   
Internet & Catalog Retail – 0.4%   

Amazon.com, Inc.*(a)

     5         1,612   

Expedia, Inc.(a)

     347         30,404   

HSN, Inc.(a)

     133         8,162   

Liberty Interactive Corp. Class A*

     1,341         38,245   

Liberty TripAdvisor Holdings, Inc. Class A*

     1,388         47,053   

Liberty Ventures Series A*

     1,388         52,689   

Netflix, Inc.*(a)

     9         4,061   

PetMed Express, Inc.(a)

     495         6,732   

Priceline Group Inc. (The)*

     133         154,091   

TripAdvisor, Inc.*(a)

     237         21,667   
     

 

 

 
Total Internet & Catalog Retail         364,716   
Internet Software & Services – 1.7%   

Akamai Technologies, Inc.*(a)

     441         26,372   

AOL, Inc.*(a)

     128         5,754   

Blucora, Inc.*(a)

     224         3,414   

Conversant, Inc.*(a)

     541         18,529   

Dealertrack Technologies, Inc.*(a)

     162         7,032   

eBay, Inc.*

     4,202         237,959   

Equinix, Inc.*(a)

     26         5,524   

Facebook, Inc. Class A*(a)

     1,512         119,508   

Google, Inc. Class A*

     894         526,039   

Google, Inc. Class C*

     894         516,160   

IAC/InterActiveCorp(a)

     236         15,552   

j2 Global, Inc.(a)

     302         14,907   

Liquidity Services, Inc.*(a)

     99         1,361   

Rackspace Hosting, Inc.*(a)

     192         6,250   

Stamps.com, Inc.*(a)

     134         4,256   

United Online, Inc.(a)

     405         4,435   

VeriSign, Inc.*(a)

     426         23,481   

Yahoo!, Inc.*(a)

     2,580         105,135   
     

 

 

 
Total Internet Software & Services         1,641,668   
IT Services – 3.3%      

Acxiom Corp.*(a)

     213         3,525   

Alliance Data Systems Corp.*(a)

     193         47,916   

Automatic Data Processing, Inc.

     1,462         121,463   

Blackhawk Network Holdings, Inc. Class B*

     138         4,457   

Booz Allen Hamilton Holding Corp.(a)

     972         22,745   

Broadridge Financial Solutions, Inc.

     537         22,355   

CACI International, Inc. Class A*(a)

     210         14,967   

Cardtronics, Inc.*(a)

     161         5,667   
Investments    Shares      Value  
     

Cognizant Technology Solutions Corp. Class A*

     1,884       $ 84,347   

Computer Sciences Corp.

     1,148         70,200   

Convergys Corp.(a)

     480         8,554   

CoreLogic, Inc.*

     350         9,474   

CSG Systems International, Inc.(a)

     269         7,069   

DST Systems, Inc.

     268         22,491   

EPAM Systems, Inc.*(a)

     196         8,583   

Euronet Worldwide, Inc.*(a)

     131         6,260   

Fidelity National Information Services, Inc.

     1,001         56,356   

Fiserv, Inc.*

     924         59,723   

FleetCor Technologies, Inc.*

     214         30,414   

Gartner, Inc.*(a)

     246         18,074   

Global Payments, Inc.(a)

     302         21,104   

Heartland Payment Systems, Inc.(a)

     160         7,635   

Higher One Holdings, Inc.*(a)

     288         711   

iGATE Corp.*(a)

     318         11,677   

International Business Machines Corp.(a)

     7,501         1,423,915   

Jack Henry & Associates, Inc.(a)

     346         19,258   

Leidos Holdings, Inc.

     809         27,773   

ManTech International Corp. Class A(a)

     250         6,737   

MasterCard, Inc. Class A(a)

     3,163         233,809   

MAXIMUS, Inc.

     198         7,946   

NeuStar, Inc. Class A*(a)

     244         6,059   

Paychex, Inc.(a)

     1,025         45,305   

Sapient Corp.*(a)

     588         8,232   

Sykes Enterprises, Inc.*(a)

     290         5,794   

Syntel, Inc.*(a)

     218         19,171   

TeleTech Holdings, Inc.*(a)

     464         11,405   

Teradata Corp.*(a)

     672         28,170   

Total System Services, Inc.(a)

     708         21,920   

Unisys Corp.*(a)

     477         11,167   

Vantiv, Inc. Class A*(a)

     154         4,759   

Visa, Inc. Class A

     1,951         416,285   

Western Union Co. (The)(a)

     4,033         64,689   

WEX, Inc.*(a)

     129         14,231   

Xerox Corp.(a)

     8,808         116,530   
     

 

 

 
Total IT Services         3,158,922   
Leisure Products – 0.1%      

Brunswick Corp.(a)

     214         9,018   

Hasbro, Inc.(a)

     623         34,262   

LeapFrog Enterprises, Inc.*(a)

     919         5,505   

Mattel, Inc.(a)

     1,587         48,641   

Polaris Industries, Inc.(a)

     240         35,950   

Smith & Wesson Holding Corp.*(a)

     639         6,032   

Sturm Ruger & Co., Inc.(a)

     104         5,064   
     

 

 

 
Total Leisure Products         144,472   
Life Sciences Tools & Services – 0.4%      

Agilent Technologies, Inc.(a)

     1,080         61,539   

Bio-Rad Laboratories, Inc. Class A*(a)

     113         12,814   

Bruker Corp.*(a)

     487         9,017   

Charles River Laboratories International, Inc.*(a)

     164         9,797   

Covance, Inc.*(a)

     153         12,041   

Illumina, Inc.*

     162         26,555   

 

See Notes to Financial Statements.

 

94   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Total Earnings Fund (EXT)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Mettler-Toledo International, Inc.*

     84       $ 21,515   

PAREXEL International Corp.*(a)

     212         13,375   

PerkinElmer, Inc.(a)

     160         6,976   

Quintiles Transnational Holdings, Inc.*(a)

     377         21,029   

Techne Corp.(a)

     132         12,349   

Thermo Fisher Scientific, Inc.

     1,029         125,229   

Waters Corp.*(a)

     326         32,313   
     

 

 

 
Total Life Sciences Tools & Services         364,549   
Machinery – 2.1%      

Actuant Corp. Class A(a)

     426         13,002   

AGCO Corp.(a)

     996         45,278   

Allison Transmission Holdings, Inc.(a)

     343         9,772   

American Railcar Industries, Inc.(a)

     101         7,466   

Astec Industries, Inc.(a)

     140         5,106   

Barnes Group, Inc.(a)

     269         8,164   

Blount International, Inc.*(a)

     238         3,601   

Briggs & Stratton Corp.(a)

     270         4,865   

Caterpillar, Inc.(a)

     3,770         373,343   

Chart Industries, Inc.*(a)

     48         2,934   

CLARCOR, Inc.(a)

     187         11,796   

Colfax Corp.*(a)

     243         13,844   

Crane Co.

     291         18,394   

Cummins, Inc.

     834         110,071   

Deere & Co.(a)

     3,125         256,219   

Donaldson Co., Inc.(a)

     540         21,940   

Dover Corp.(a)

     842         67,638   

EnPro Industries, Inc.*(a)

     139         8,414   

ESCO Technologies, Inc.(a)

     106         3,687   

Federal Signal Corp.(a)

     195         2,582   

Flowserve Corp.

     532         37,517   

Graco, Inc.(a)

     242         17,661   

Greenbrier Cos., Inc. (The)(a)

     195         14,309   

Hillenbrand, Inc.(a)

     372         11,491   

IDEX Corp.

     271         19,612   

Illinois Tool Works, Inc.(a)

     1,738         146,722   

ITT Corp.

     1,018         45,749   

John Bean Technologies Corp.(a)

     159         4,473   

Joy Global, Inc.(a)

     972         53,013   

Kennametal, Inc.(a)

     478         19,746   

Lincoln Electric Holdings, Inc.(a)

     387         26,755   

Lindsay Corp.(a)

     48         3,588   

Manitowoc Co., Inc. (The)(a)

     485         11,373   

Middleby Corp. (The)*(a)

     221         19,477   

Mueller Industries, Inc.(a)

     358         10,217   

Nordson Corp.(a)

     271         20,615   

Oshkosh Corp.(a)

     576         25,430   

PACCAR, Inc.

     1,700         96,687   

Pall Corp.(a)

     32         2,678   

Parker-Hannifin Corp.(a)

     705         80,476   

RBC Bearings, Inc.

     90         5,103   

Snap-on, Inc.

     299         36,203   

SPX Corp.(a)

     189         17,753   

Standex International Corp.(a)

     75         5,561   

Stanley Black & Decker, Inc.(a)

     520         46,171   
Investments    Shares      Value  
     

Terex Corp.(a)

     300       $ 9,531   

Timken Co. (The)(a)

     542         22,975   

Titan International, Inc.(a)

     352         4,161   

Toro Co. (The)(a)

     272         16,111   

TriMas Corp.*(a)

     189         4,598   

Trinity Industries, Inc.(a)

     792         37,002   

Valmont Industries, Inc.(a)

     129         17,406   

Wabash National Corp.*(a)

     531         7,073   

WABCO Holdings, Inc.*(a)

     320         29,104   

Wabtec Corp.

     306         24,798   

Watts Water Technologies, Inc. Class A(a)

     189         11,009   

Woodward, Inc.(a)

     236         11,238   

Xylem, Inc.

     542         19,236   
     

 

 

 
Total Machinery         1,980,738   
Marine – 0.0%      

Kirby Corp.*

     242         28,520   

Matson, Inc.(a)

     85         2,127   
     

 

 

 
Total Marine         30,647   
Media – 4.3%      

AMC Networks, Inc. Class A*(a)

     247         14,430   

Carmike Cinemas, Inc.*

     166         5,143   

CBS Corp. Class B Non-Voting Shares

     2,466         131,931   

Cinemark Holdings, Inc.

     462         15,726   

Comcast Corp. Class A(a)

     10,097         543,017   

DIRECTV*

     3,701         320,211   

Discovery Communications, Inc. Class A*(a)

     1,055         39,879   

Discovery Communications, Inc. Class C*(a)

     1,055         39,330   

DISH Network Corp. Class A*

     1,033         66,711   

Entercom Communications Corp. Class A*(a)

     734         5,894   

Gannett Co., Inc.(a)

     1,377         40,856   

Harte-Hanks, Inc.(a)

     700         4,459   

Interpublic Group of Cos., Inc. (The)(a)

     1,965         35,999   

John Wiley & Sons, Inc. Class A(a)

     359         20,143   

Liberty Media Corp. Class A*(a)

     4,686         221,085   

Liberty Media Corp. Class C*(a)

     9,370         440,296   

Loral Space & Communications, Inc.*(a)

     104         7,468   

Madison Square Garden Co. (The) Class A*(a)

     131         8,662   

Meredith Corp.(a)

     296         12,669   

Morningstar, Inc.(a)

     110         7,469   

National CineMedia, Inc.(a)

     235         3,410   

New York Times Co. (The) Class A(a)

     463         5,195   

News Corp. Class A*(a)

     2,651         43,344   

Nexstar Broadcasting Group, Inc. Class A(a)

     324         13,096   

Omnicom Group, Inc.(a)

     1,292         88,967   

Regal Entertainment Group Class A(a)

     427         8,489   

Scholastic Corp.(a)

     247         7,983   

Scripps Networks Interactive, Inc. Class A(a)

     644         50,290   

Sinclair Broadcast Group, Inc. Class A(a)

     426         11,114   

Sirius XM Holdings, Inc.*(a)

     9,277         32,377   

Starz Class A*(a)

     819         27,093   

Time Warner Cable, Inc.

     1,208         173,336   

Time Warner, Inc.(a)

     4,272         321,297   

Time, Inc.*(a)

     535         12,535   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      95   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Total Earnings Fund (EXT)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Twenty-First Century Fox, Inc. Class A

     13,235       $ 453,828   

Viacom, Inc. Class B

     2,434         187,272   

Walt Disney Co. (The)(a)

     7,281         648,227   

World Wrestling Entertainment, Inc. Class A(a)

     346         4,764   
     

 

 

 
Total Media         4,073,995   
Metals & Mining – 0.6%      

Alcoa, Inc.(a)

     1,007         16,203   

Allegheny Technologies, Inc.(a)

     192         7,123   

Allied Nevada Gold Corp.*(a)

     1,180         3,906   

Carpenter Technology Corp.(a)

     191         8,624   

Coeur Mining, Inc.*(a)

     158         784   

Commercial Metals Co.(a)

     704         12,017   

Compass Minerals International, Inc.(a)

     128         10,788   

Freeport-McMoRan, Inc.

     6,171         201,483   

Gold Resource Corp.(a)

     805         4,121   

Haynes International, Inc.(a)

     73         3,357   

Kaiser Aluminum Corp.(a)

     87         6,631   

Materion Corp.(a)

     137         4,202   

Nucor Corp.(a)

     723         39,244   

Reliance Steel & Aluminum Co.(a)

     452         30,917   

Royal Gold, Inc.(a)

     56         3,637   

Southern Copper Corp.(a)

     5,338         158,272   

Steel Dynamics, Inc.(a)

     703         15,895   

SunCoke Energy, Inc.*(a)

     349         7,835   

TimkenSteel Corp.

     270         12,552   

U.S. Silica Holdings, Inc.(a)

     222         13,877   

Worthington Industries, Inc.(a)

     423         15,744   
     

 

 

 
Total Metals & Mining         577,212   
Multi-Utilities – 0.8%      

Alliant Energy Corp.(a)

     462         25,599   

Avista Corp.(a)

     271         8,274   

Black Hills Corp.(a)

     113         5,410   

CenterPoint Energy, Inc.(a)

     1,154         28,238   

CMS Energy Corp.(a)

     1,297         38,469   

Consolidated Edison, Inc.(a)

     1,534         86,917   

DTE Energy Co.

     997         75,852   

Integrys Energy Group, Inc.(a)

     263         17,048   

MDU Resources Group, Inc.(a)

     456         12,681   

NiSource, Inc.(a)

     1,295         53,069   

NorthWestern Corp.(a)

     214         9,707   

PG&E Corp.(a)

     1,921         86,522   

Public Service Enterprise Group, Inc.

     3,678         136,969   

SCANA Corp.(a)

     668         33,140   

Sempra Energy

     1,022         107,698   

TECO Energy, Inc.(a)

     1,024         17,797   

Vectren Corp.

     322         12,848   

Wisconsin Energy Corp.(a)

     1,018         43,774   
     

 

 

 
Total Multi-Utilities         800,012   
Multiline Retail – 0.7%      

Big Lots, Inc.(a)

     399         17,177   

Dillard’s, Inc. Class A(a)

     375         40,868   

Dollar General Corp.*

     1,456         88,976   

Dollar Tree, Inc.*

     911         51,080   
Investments    Shares      Value  
     

Family Dollar Stores, Inc.(a)

     547       $ 42,250   

Kohl’s Corp.(a)

     1,357         82,818   

Macy’s, Inc.(a)

     2,283         132,825   

Nordstrom, Inc.(a)

     974         66,592   

Target Corp.(a)

     2,843         178,199   
     

 

 

 
Total Multiline Retail         700,785   
Oil, Gas & Consumable Fuels – 8.8%      

Alon USA Energy, Inc.(a)

     247         3,547   

Anadarko Petroleum Corp.

     1,857         188,374   

Apache Corp.(a)

     2,500         234,675   

Cabot Oil & Gas Corp.(a)

     379         12,390   

Carrizo Oil & Gas, Inc.*

     163         8,773   

Chesapeake Energy Corp.(a)

     1,413         32,485   

Chevron Corp.

     14,574         1,738,970   

Cimarex Energy Co.(a)

     360         45,551   

Cloud Peak Energy, Inc.*(a)

     683         8,619   

Concho Resources, Inc.*(a)

     170         21,316   

ConocoPhillips(a)

     8,905         681,411   

CONSOL Energy, Inc.(a)

     520         19,687   

Contango Oil & Gas Co.*(a)

     86         2,859   

Continental Resources, Inc.*(a)

     1,240         82,435   

CVR Energy, Inc.(a)

     693         30,998   

Delek U.S. Holdings, Inc.(a)

     510         16,891   

Denbury Resources, Inc.(a)

     2,110         31,713   

Energen Corp.

     332         23,984   

EOG Resources, Inc.

     1,094         108,328   

EQT Corp.(a)

     302         27,645   

Exxon Mobil Corp.

     30,084         2,829,400   

Green Plains, Inc.(a)

     210         7,852   

Gulfport Energy Corp.*(a)

     189         10,093   

Hess Corp.(a)

     2,149         202,694   

HollyFrontier Corp.(a)

     2,019         88,190   

Kinder Morgan, Inc.(a)

     1,242         47,618   

Laredo Petroleum, Inc.*(a)

     399         8,942   

Marathon Oil Corp.

     4,129         155,209   

Marathon Petroleum Corp.

     2,188         185,258   

Murphy Oil Corp.(a)

     710         40,406   

Noble Energy, Inc.

     1,329         90,850   

Northern Oil and Gas, Inc.*(a)

     333         4,735   

Oasis Petroleum, Inc.*(a)

     346         14,466   

Occidental Petroleum Corp.

     4,134         397,484   

ONEOK, Inc.(a)

     508         33,299   

PBF Energy, Inc. Class A

     648         15,552   

Phillips 66

     3,979         323,533   

Pioneer Natural Resources Co.(a)

     217         42,743   

QEP Resources, Inc.(a)

     487         14,990   

Renewable Energy Group, Inc.*(a)

     1,128         11,449   

Resolute Energy Corp.*(a)

     321         2,013   

Rex Energy Corp.*(a)

     350         4,435   

Rosetta Resources, Inc.*

     236         10,516   

Southwestern Energy Co.*(a)

     376         13,141   

Spectra Energy Corp.(a)

     2,508         98,464   

Stone Energy Corp.*(a)

     564         17,687   

Swift Energy Co.*(a)

     342         3,283   

 

See Notes to Financial Statements.

 

96   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Total Earnings Fund (EXT)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Tesoro Corp.(a)

     626       $ 38,173   

Valero Energy Corp.(a)

     3,992         184,710   

W&T Offshore, Inc.(a)

     508         5,588   

Western Refining, Inc.(a)

     1,063         44,635   

Whiting Petroleum Corp.*

     617         47,848   

Williams Cos., Inc. (The)(a)

     1,432         79,261   

World Fuel Services Corp.(a)

     323         12,894   
     

 

 

 
Total Oil, Gas & Consumable Fuels         8,408,062   
Paper & Forest Products – 0.1%      

Boise Cascade Co.*

     158         4,762   

Clearwater Paper Corp.*(a)

     184         11,060   

International Paper Co.(a)

     1,762         84,118   

KapStone Paper and Packaging Corp.*

     522         14,600   

Louisiana-Pacific Corp.*(a)

     834         11,334   

PH Glatfelter Co.(a)

     358         7,858   

Schweitzer-Mauduit International, Inc.(a)

     112         4,627   
     

 

 

 
Total Paper & Forest Products         138,359   
Personal Products – 0.1%      

Avon Products, Inc.(a)

     925         11,655   

Coty, Inc. Class A(a)

     534         8,838   

Elizabeth Arden, Inc.*(a)

     83         1,389   

Estee Lauder Cos., Inc. (The) Class A

     1,074         80,249   

Medifast, Inc.*(a)

     167         5,483   

Nu Skin Enterprises, Inc. Class A(a)

     187         8,421   

Revlon, Inc. Class A*(a)

     461         14,609   

USANA Health Sciences, Inc.*(a)

     106         7,808   
     

 

 

 
Total Personal Products         138,452   
Pharmaceuticals – 4.3%      

AbbVie, Inc.(a)

     6,905         398,833   

Akorn, Inc.*(a)

     217         7,870   

Allergan, Inc.

     1,075         191,554   

Auxilium Pharmaceuticals, Inc.*(a)

     188         5,612   

Bristol-Myers Squibb Co.(a)

     4,336         221,916   

Eli Lilly & Co.(a)

     7,873         510,564   

Impax Laboratories, Inc.*(a)

     399         9,460   

Johnson & Johnson

     12,879         1,372,773   

Medicines Co. (The)*(a)

     243         5,424   

Merck & Co., Inc.

     8,282         490,957   

Mylan, Inc.*(a)

     1,222         55,589   

Pfizer, Inc.

     24,769         732,419   

Prestige Brands Holdings, Inc.*(a)

     278         8,999   

Salix Pharmaceuticals Ltd.*(a)

     162         25,311   

Zoetis, Inc.(a)

     1,165         43,047   
     

 

 

 
Total Pharmaceuticals         4,080,328   
Professional Services – 0.2%      

CBIZ, Inc.*(a)

     626         4,927   

Corporate Executive Board Co. (The)(a)

     115         6,908   

Dun & Bradstreet Corp. (The)(a)

     239         28,075   

Equifax, Inc.

     385         28,775   

FTI Consulting, Inc.*(a)

     188         6,572   

IHS, Inc. Class A*(a)

     114         14,272   

Insperity, Inc.(a)

     209         5,714   
Investments    Shares      Value  
     

Kelly Services, Inc. Class A(a)

     249       $ 3,902   

Korn/Ferry International*

     247         6,150   

Manpowergroup, Inc.(a)

     270         18,927   

Navigant Consulting, Inc.*(a)

     324         4,507   

On Assignment, Inc.*

     181         4,860   

Robert Half International, Inc.(a)

     413         20,237   

RPX Corp.*(a)

     644         8,842   

Towers Watson & Co. Class A

     261         25,969   

Verisk Analytics, Inc. Class A*(a)

     458         27,888   

WageWorks, Inc.*(a)

     74         3,369   
     

 

 

 
Total Professional Services         219,894   
Real Estate Investment Trusts (REITs) – 1.0%      

Agree Realty Corp.(a)

     186         5,093   

Alexander’s, Inc.(a)

     20         7,478   

Alexandria Real Estate Equities, Inc.

     104         7,670   

American Campus Communities, Inc.

     207         7,545   

American Tower Corp.

     731         68,444   

Associated Estates Realty Corp.(a)

     506         8,860   

AvalonBay Communities, Inc.(a)

     26         3,665   

BioMed Realty Trust, Inc.(a)

     133         2,687   

Boston Properties, Inc.

     186         21,531   

Camden Property Trust

     190         13,021   

Campus Crest Communities, Inc.(a)

     459         2,938   

CareTrust REIT, Inc.*(a)

     183         2,617   

CBL & Associates Properties, Inc.(a)

     437         7,822   

Chatham Lodging Trust(a)

     274         6,324   

Corrections Corp. of America(a)

     587         20,169   

Crown Castle International Corp.(a)

     189         15,220   

Digital Realty Trust, Inc.(a)

     381         23,767   

EPR Properties(a)

     193         9,781   

Equity Lifestyle Properties, Inc.

     128         5,422   

Essex Property Trust, Inc.(a)

     134         23,952   

Extra Space Storage, Inc.

     234         12,067   

Federal Realty Investment Trust(a)

     106         12,557   

General Growth Properties, Inc.(a)

     404         9,514   

Geo Group, Inc. (The)(a)

     187         7,147   

Government Properties Income Trust(a)

     167         3,659   

HCP, Inc.

     2,083         82,716   

Health Care REIT, Inc.(a)

     195         12,162   

Home Properties, Inc.(a)

     57         3,320   

Hospitality Properties Trust

     326         8,753   

Host Hotels & Resorts, Inc.(a)

     513         10,942   

Inland Real Estate Corp.(a)

     1,132         11,218   

Investors Real Estate Trust

     1,054         8,116   

Iron Mountain, Inc.(a)

     333         10,872   

Kimco Realty Corp.(a)

     483         10,583   

Liberty Property Trust

     292         9,712   

LTC Properties, Inc.(a)

     158         5,829   

Macerich Co. (The)

     323         20,617   

Medical Properties Trust, Inc.(a)

     379         4,647   

Mid-America Apartment Communities, Inc.(a)

     86         5,646   

National Health Investors, Inc.(a)

     159         9,085   

National Retail Properties, Inc.(a)

     210         7,260   

Omega Healthcare Investors, Inc.(a)

     299         10,223   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      97   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Total Earnings Fund (EXT)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Piedmont Office Realty Trust, Inc. Class A(a)

     301       $ 5,310   

Plum Creek Timber Co., Inc.(a)

     485         18,920   

Post Properties, Inc.(a)

     181         9,293   

Potlatch Corp.(a)

     162         6,514   

PS Business Parks, Inc.(a)

     57         4,340   

Public Storage

     453         75,125   

Ramco-Gershenson Properties Trust

     295         4,794   

Rayonier, Inc.(a)

     643         20,023   

Realty Income Corp.(a)

     377         15,378   

Retail Opportunity Investments Corp.(a)

     316         4,645   

Ryman Hospitality Properties, Inc.(a)

     80         3,784   

Sabra Health Care REIT, Inc.(a)

     239         5,812   

Select Income REIT

     197         4,738   

Senior Housing Properties Trust(a)

     515         10,774   

Simon Property Group, Inc.(a)

     671         110,326   

SL Green Realty Corp.(a)

     55         5,573   

Tanger Factory Outlet Centers, Inc.(a)

     193         6,315   

Taubman Centers, Inc.(a)

     131         9,563   

UMH Properties, Inc.(a)

     63         598   

Universal Health Realty Income Trust(a)

     112         4,668   

Ventas, Inc.(a)

     698         43,241   

Vornado Realty Trust

     195         19,492   

W.P. Carey, Inc.(a)

     103         6,568   

Washington Prime Group, Inc.(a)

     332         5,803   

Weyerhaeuser Co.

     1,527         48,650   
     

 

 

 
Total Real Estate Investment Trusts (REITs)         990,898   
Real Estate Management & Development – 0.1%      

CBRE Group, Inc. Class A*

     1,107         32,922   

Forestar Group, Inc.*(a)

     182         3,225   

Jones Lang LaSalle, Inc.

     156         19,709   
     

 

 

 
Total Real Estate Management & Development         55,856   
Road & Rail – 1.1%      

AMERCO(a)

     127         33,260   

Avis Budget Group, Inc.*(a)

     110         6,038   

Con-way, Inc.

     163         7,743   

CSX Corp.(a)

     5,516         176,843   

Genesee & Wyoming, Inc. Class A*(a)

     75         7,148   

Heartland Express, Inc.(a)

     266         6,373   

Hertz Global Holdings, Inc.*(a)

     1,046         26,558   

JB Hunt Transport Services, Inc.(a)

     404         29,916   

Kansas City Southern(a)

     196         23,755   

Knight Transportation, Inc.(a)

     216         5,916   

Landstar System, Inc.(a)

     166         11,984   

Norfolk Southern Corp.

     1,601         178,672   

Old Dominion Freight Line, Inc.*

     316         22,322   

Quality Distribution, Inc.*

     622         7,949   

Ryder System, Inc.(a)

     139         12,506   

Saia, Inc.*(a)

     171         8,475   

Swift Transportation Co.*(a)

     726         15,231   

Union Pacific Corp.

     4,256         461,436   

Werner Enterprises, Inc.(a)

     220         5,544   
     

 

 

 
Total Road & Rail         1,047,669   
Investments    Shares      Value  
     
Semiconductors & Semiconductor Equipment – 2.0%      

Advanced Energy Industries, Inc.*(a)

     355       $ 6,671   

Altera Corp.(a)

     1,243         44,475   

Amkor Technology, Inc.*(a)

     2,175         18,292   

Analog Devices, Inc.(a)

     959         47,461   

Applied Materials, Inc.(a)

     1,867         40,346   

Audience, Inc.*(a)

     242         1,791   

Broadcom Corp. Class A

     1,436         58,043   

Brooks Automation, Inc.(a)

     729         7,662   

Cabot Microelectronics Corp.*(a)

     75         3,109   

Cirrus Logic, Inc.*(a)

     592         12,343   

Cree, Inc.*(a)

     160         6,552   

Diodes, Inc.*

     323         7,726   

Entegris, Inc.*(a)

     927         10,661   

First Solar, Inc.*(a)

     544         35,801   

Integrated Device Technology, Inc.*(a)

     437         6,970   

Integrated Silicon Solution, Inc.(a)

     378         5,194   

Intel Corp.(a)

     30,326         1,055,951   

KLA-Tencor Corp.(a)

     735         57,903   

Lam Research Corp.(a)

     222         16,583   

Lattice Semiconductor Corp.*

     539         4,043   

Linear Technology Corp.(a)

     680         30,185   

Maxim Integrated Products, Inc.(a)

     1,384         41,852   

Microchip Technology, Inc.(a)

     438         20,687   

Micron Technology, Inc.*

     509         17,438   

NVIDIA Corp.(a)

     2,580         47,601   

OmniVision Technologies, Inc.*(a)

     272         7,197   

ON Semiconductor Corp.*(a)

     510         4,559   

Semtech Corp.*(a)

     246         6,679   

Silicon Laboratories, Inc.*(a)

     78         3,170   

Skyworks Solutions, Inc.

     726         42,144   

Synaptics, Inc.*(a)

     186         13,615   

Teradyne, Inc.(a)

     1,113         21,581   

Texas Instruments, Inc.

     3,242         154,611   

Ultratech, Inc.*(a)

     104         2,366   

Xilinx, Inc.(a)

     864         36,590   
     

 

 

 
Total Semiconductors & Semiconductor Equipment         1,897,852   
Software – 4.4%      

ACI Worldwide, Inc.*(a)

     427         8,010   

Activision Blizzard, Inc.

     5,611         116,653   

Adobe Systems, Inc.*(a)

     737         50,993   

ANSYS, Inc.*(a)

     240         18,161   

Autodesk, Inc.*(a)

     492         27,109   

CA, Inc.

     2,724         76,109   

Cadence Design Systems, Inc.*(a)

     2,095         36,055   

Citrix Systems, Inc.*

     397         28,322   

Compuware Corp.

     544         5,772   

Ebix, Inc.(a)

     450         6,381   

Electronic Arts, Inc.*

     275         9,793   

FactSet Research Systems, Inc.(a)

     131         15,920   

Fair Isaac Corp.(a)

     183         10,083   

Fortinet, Inc.*

     138         3,487   

Informatica Corp.*(a)

     189         6,471   

Intuit, Inc.(a)

     812         71,172   

 

See Notes to Financial Statements.

 

98   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Total Earnings Fund (EXT)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Manhattan Associates, Inc.*

     264       $ 8,823   

Mentor Graphics Corp.(a)

     357         7,317   

Microsoft Corp.

     51,240         2,375,486   

MicroStrategy, Inc. Class A*(a)

     33         4,318   

Oracle Corp.(a)

     26,486         1,013,884   

Progress Software Corp.*(a)

     324         7,747   

PTC, Inc.*

     403         14,871   

Red Hat, Inc.*

     190         10,668   

SolarWinds, Inc.*(a)

     221         9,293   

Solera Holdings, Inc.(a)

     183         10,314   

SS&C Technologies Holdings, Inc.*(a)

     183         8,032   

Symantec Corp.

     2,972         69,872   

Synopsys, Inc.*

     487         19,331   

Telenav, Inc.*(a)

     462         3,095   

TIBCO Software, Inc.*(a)

     486         11,484   

TiVo, Inc.*(a)

     1,020         13,051   

Tyler Technologies, Inc.*(a)

     83         7,337   

VMware, Inc. Class A*(a)

     737         69,160   
     

 

 

 
Total Software         4,154,574   
Specialty Retail – 2.3%      

Aaron’s, Inc.

     406         9,874   

Abercrombie & Fitch Co. Class A(a)

     425         15,445   

Advance Auto Parts, Inc.

     349         45,475   

American Eagle Outfitters, Inc.(a)

     1,049         15,231   

ANN, Inc.*(a)

     218         8,966   

Asbury Automotive Group, Inc.*(a)

     182         11,724   

Ascena Retail Group, Inc.*(a)

     695         9,244   

AutoNation, Inc.*(a)

     514         25,859   

AutoZone, Inc.*(a)

     183         93,268   

Bed Bath & Beyond, Inc.*(a)

     1,141         75,112   

Best Buy Co., Inc.

     1,067         35,841   

Brown Shoe Co., Inc.(a)

     168         4,558   

Buckle, Inc. (The)(a)

     292         13,254   

Cabela’s, Inc.*(a)

     301         17,729   

CarMax, Inc.*(a)

     808         37,532   

Cato Corp. (The) Class A(a)

     266         9,166   

Chico’s FAS, Inc.(a)

     785         11,594   

Children’s Place, Inc. (The)(a)

     114         5,433   

CST Brands, Inc.(a)

     235         8,448   

Dick’s Sporting Goods, Inc.(a)

     427         18,737   

DSW, Inc. Class A(a)

     342         10,298   

Express, Inc.*(a)

     731         11,411   

Finish Line, Inc. (The) Class A

     299         7,484   

Foot Locker, Inc.

     806         44,854   

Francesca’s Holdings Corp.*(a)

     345         4,806   

GameStop Corp. Class A(a)

     668         27,522   

Gap, Inc. (The)(a)

     2,760         115,064   

Genesco, Inc.*(a)

     78         5,831   

GNC Holdings, Inc. Class A

     399         15,457   

Group 1 Automotive, Inc.(a)

     75         5,453   

Guess?, Inc.(a)

     599         13,160   

hhgregg, Inc.*(a)

     212         1,338   

Hibbett Sports, Inc.*(a)

     79         3,368   

Home Depot, Inc. (The)

     5,485         503,194   
Investments    Shares      Value  
     

L Brands, Inc.(a)

     1,111       $ 74,415   

Lithia Motors, Inc. Class A(a)

     141         10,672   

Lowe’s Cos., Inc.

     3,812         201,731   

Lumber Liquidators Holdings, Inc.*(a)

     110         6,312   

Mattress Firm Holding Corp.*(a)

     160         9,610   

Men’s Wearhouse, Inc. (The)(a)

     211         9,963   

Monro Muffler Brake, Inc.(a)

     80         3,882   

O’Reilly Automotive, Inc.*(a)

     434         65,256   

Outerwall, Inc.*(a)

     214         12,005   

Penske Automotive Group, Inc.(a)

     546         22,162   

PetSmart, Inc.(a)

     379         26,564   

Pier 1 Imports, Inc.(a)

     603         7,170   

Rent-A-Center, Inc.(a)

     293         8,893   

Ross Stores, Inc.

     885         66,888   

Sally Beauty Holdings, Inc.*

     701         19,186   

Select Comfort Corp.*(a)

     320         6,694   

Sonic Automotive, Inc. Class A(a)

     459         11,250   

Stage Stores, Inc.(a)

     316         5,407   

Staples, Inc.(a)

     3,600         43,560   

Tiffany & Co.(a)

     465         44,784   

Tilly’s, Inc. Class A*(a)

     251         1,888   

TJX Cos., Inc. (The)(a)

     2,834         167,688   

Tractor Supply Co.(a)

     344         21,159   

Ulta Salon Cosmetics & Fragrance, Inc.*(a)

     113         13,353   

Urban Outfitters, Inc.*(a)

     570         20,919   

Vitamin Shoppe, Inc.*(a)

     77         3,418   

Williams-Sonoma, Inc.(a)

     358         23,832   
     

 

 

 
Total Specialty Retail         2,150,391   
Technology Hardware, Storage & Peripherals – 5.4%      

3D Systems Corp.*(a)

     31         1,437   

Apple, Inc.

     39,137         3,943,053   

Electronics For Imaging, Inc.*(a)

     192         8,481   

EMC Corp.

     9,417         275,541   

Hewlett-Packard Co.

     16,309         578,480   

Lexmark International, Inc. Class A(a)

     508         21,590   

NCR Corp.*(a)

     919         30,704   

NetApp, Inc.(a)

     1,057         45,409   

QLogic Corp.*(a)

     616         5,643   

SanDisk Corp.(a)

     1,052         103,043   

Western Digital Corp.

     1,640         159,605   
     

 

 

 
Total Technology Hardware, Storage & Peripherals         5,172,986   
Textiles, Apparel & Luxury Goods – 0.7%      

Carter’s, Inc.(a)

     190         14,729   

Coach, Inc.(a)

     1,463         52,098   

Columbia Sportswear Co.(a)

     376         13,453   

Crocs, Inc.*

     731         9,196   

Deckers Outdoor Corp.*(a)

     135         13,119   

Fossil Group, Inc.*(a)

     238         22,348   

G-III Apparel Group Ltd.*(a)

     142         11,766   

Hanesbrands, Inc.

     414         44,480   

Iconix Brand Group, Inc.*(a)

     343         12,671   

NIKE, Inc. Class B(a)

     2,702         241,018   

PVH Corp.

     171         20,717   

Ralph Lauren Corp.(a)

     296         48,760   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      99   


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Total Earnings Fund (EXT)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Steven Madden Ltd.*(a)

     370       $ 11,925   

Under Armour, Inc. Class A*(a)

     280         19,348   

Vera Bradley, Inc.*(a)

     183         3,785   

VF Corp.

     1,780         117,533   

Wolverine World Wide, Inc.(a)

     440         11,026   
     

 

 

 
Total Textiles, Apparel & Luxury Goods         667,972   
Thrifts & Mortgage Finance – 0.2%      

Astoria Financial Corp.(a)

     293         3,630   

BofI Holding, Inc.*(a)

     129         9,380   

Capitol Federal Financial, Inc.(a)

     264         3,121   

Dime Community Bancshares, Inc.(a)

     191         2,750   

EverBank Financial Corp.(a)

     450         7,947   

HomeStreet, Inc.(a)

     191         3,264   

Hudson City Bancorp, Inc.

     1,866         18,138   

Nationstar Mortgage Holdings, Inc.*(a)

     515         17,634   

New York Community Bancorp, Inc.(a)

     2,558         40,595   

Northwest Bancshares, Inc.(a)

     460         5,566   

Ocwen Financial Corp.*(a)

     294         7,697   

People’s United Financial, Inc.(a)

     1,162         16,814   

Provident Financial Services, Inc.(a)

     265         4,338   

Territorial Bancorp, Inc.(a)

     278         5,641   

TFS Financial Corp.(a)

     351         5,026   

Walker & Dunlop, Inc.*(a)

     210         2,791   

Washington Federal, Inc.(a)

     706         14,374   
     

 

 

 
Total Thrifts & Mortgage Finance         168,706   
Tobacco – 1.6%      

Altria Group, Inc.(a)

     11,208         514,895   

Lorillard, Inc.

     2,034         121,857   

Philip Morris International, Inc.

     8,580         715,572   

Reynolds American, Inc.(a)

     2,942         173,578   

Universal Corp.(a)

     192         8,523   
     

 

 

 
Total Tobacco         1,534,425   
Trading Companies & Distributors – 0.3%      

Air Lease Corp.(a)

     268         8,710   

Applied Industrial Technologies, Inc.(a)

     317         14,471   

Beacon Roofing Supply, Inc.*

     131         3,338   

CAI International, Inc.*(a)

     209         4,044   

DXP Enterprises, Inc.*(a)

     78         5,747   

Fastenal Co.(a)

     678         30,442   

GATX Corp.(a)

     185         10,799   

Kaman Corp.(a)

     135         5,306   

MRC Global, Inc.*

     279         6,506   

MSC Industrial Direct Co., Inc. Class A(a)

     234         19,998   

NOW, Inc.*(a)

     601         18,276   

Rush Enterprises, Inc. Class A*(a)

     245         8,195   

TAL International Group, Inc.*(a)

     294         12,128   

Titan Machinery, Inc.*(a)

     304         3,949   

United Rentals, Inc.*(a)

     247         27,442   

Veritiv Corp.*

     31         1,552   

W.W. Grainger, Inc.(a)

     242         60,899   

Watsco, Inc.(a)

     129         11,117   

WESCO International, Inc.*(a)

     209         16,356   
     

 

 

 
Total Trading Companies & Distributors         269,275   
Investments    Shares      Value  
     
Transportation Infrastructure – 0.0%      

Wesco Aircraft Holdings, Inc.*

     456       $ 7,934   
Water Utilities – 0.1%      

American States Water Co.(a)

     272         8,274   

American Water Works Co., Inc.(a)

     729         35,160   

Aqua America, Inc.(a)

     401         9,435   

California Water Service Group(a)

     413         9,268   
     

 

 

 
Total Water Utilities         62,137   
Wireless Telecommunication Services – 0.0%      

NTELOS Holdings Corp.(a)

     140         1,490   

Spok Holdings, Inc.(a)

     485         6,310   

T-Mobile U.S., Inc.*(a)

     522         15,070   
     

 

 

 
Total Wireless Telecommunication Services         22,870   

TOTAL COMMON STOCKS

(Cost: $74,842,056)

  

  

     95,252,068   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 25.4%   
United States – 25.4%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(b)

     
(Cost: $24,214,802)(c)      24,214,802         24,214,802   

TOTAL INVESTMENTS IN SECURITIES – 125.3%

(Cost: $99,056,858)

  

  

     119,466,870   

Liabilities in Excess of Cash and
Other Assets – (25.3)%

   

     (24,099,292
     

 

 

 
NET ASSETS – 100.0%       $ 95,367,578   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(c) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $27,482,407 and the total market value of the collateral held by the Fund was $28,112,058. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $3,897,256.

 

See Notes to Financial Statements.

 

100   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited)

WisdomTree U.S. Dividend Growth Fund (DGRW)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 99.8%      
United States – 99.8%      
Aerospace & Defense – 6.2%      

Boeing Co. (The)

     10,052       $ 1,280,424   

Honeywell International, Inc.

     15,013         1,398,011   

Huntington Ingalls Industries, Inc.

     433         45,123   

Lockheed Martin Corp.

     11,093         2,027,578   

Northrop Grumman Corp.

     4,550         599,508   

Precision Castparts Corp.

     58         13,739   

Raytheon Co.

     7,437         755,748   

Rockwell Collins, Inc.(a)

     2,163         169,795   

United Technologies Corp.

     18,453         1,948,637   
     

 

 

 
Total Aerospace & Defense         8,238,563   
Air Freight & Logistics – 1.6%      

C.H. Robinson Worldwide, Inc.(a)

     3,536         234,508   

Expeditors International of Washington, Inc.

     2,730         110,783   

FedEx Corp.

     1,271         205,203   

United Parcel Service, Inc. Class B

     16,204         1,592,691   
     

 

 

 
Total Air Freight & Logistics         2,143,185   
Airlines – 0.0%      

Alaska Air Group, Inc.(a)

     1,446         62,959   
Auto Components – 0.5%      

BorgWarner, Inc.(a)

     1,886         99,222   

Gentex Corp.(a)

     2,270         60,768   

Johnson Controls, Inc.

     9,561         420,684   

Lear Corp.

     634         54,784   
     

 

 

 
Total Auto Components         635,458   
Automobiles – 0.1%      

Harley-Davidson, Inc.

     2,556         148,759   

Thor Industries, Inc.(a)

     831         42,797   
     

 

 

 
Total Automobiles         191,556   
Beverages – 5.1%      

Brown-Forman Corp. Class B(a)

     1,289         116,294   

Coca-Cola Co. (The)

     87,432         3,729,849   

Coca-Cola Enterprises, Inc.

     3,529         156,546   

PepsiCo, Inc.

     30,307         2,821,279   
     

 

 

 
Total Beverages         6,823,968   
Biotechnology – 1.2%      

Amgen, Inc.

     11,827         1,661,220   
Building Products – 0.0%      

Lennox International, Inc.(a)

     543         41,740   
Capital Markets – 1.5%      

Ameriprise Financial, Inc.

     3,395         418,875   

Charles Schwab Corp. (The)

     11,241         330,373   

Eaton Vance Corp.(a)

     2,470         93,193   

Franklin Resources, Inc.

     4,307         235,205   

LPL Financial Holdings, Inc.(a)

     1,558         71,746   

Raymond James Financial, Inc.

     1,469         78,709   

SEI Investments Co.(a)

     1,882         68,053   

T. Rowe Price Group, Inc.(a)

     4,521         354,447   

TD Ameritrade Holding Corp.(a)

     8,386         279,841   
Investments    Shares      Value  
     

Waddell & Reed Financial, Inc. Class A

     1,381       $ 71,384   
     

 

 

 
Total Capital Markets         2,001,826   
Chemicals – 3.3%      

Air Products & Chemicals, Inc.

     5,216         679,019   

Airgas, Inc.(a)

     1,210         133,886   

Albemarle Corp.(a)

     1,180         69,502   

Cabot Corp.(a)

     989         50,211   

CF Industries Holdings, Inc.

     946         264,142   

Cytec Industries, Inc.

     330         15,606   

Eastman Chemical Co.(a)

     2,339         189,202   

Ecolab, Inc.

     2,518         289,142   

FMC Corp.(a)

     977         55,875   

Monsanto Co.

     7,469         840,337   

Mosaic Co. (The)

     6,271         278,495   

PolyOne Corp.(a)

     658         23,412   

PPG Industries, Inc.

     1,750         344,295   

Praxair, Inc.(a)

     5,248         676,992   

Scotts Miracle-Gro Co. (The) Class A(a)

     1,654         90,970   

Sherwin-Williams Co. (The)(a)

     1,054         230,815   

Sigma-Aldrich Corp.

     1,075         146,211   
     

 

 

 
Total Chemicals         4,378,112   
Commercial Services & Supplies – 0.1%      

Cintas Corp.(a)

     1,555         109,768   
Communications Equipment – 3.0%      

Cisco Systems, Inc.

     102,595         2,582,316   

QUALCOMM, Inc.

     19,130         1,430,350   
     

 

 

 
Total Communications Equipment         4,012,666   
Construction & Engineering – 0.1%      

Fluor Corp.(a)

     1,292         86,293   

KBR, Inc.

     1,481         27,887   
     

 

 

 
Total Construction & Engineering         114,180   
Consumer Finance – 1.0%      

American Express Co.

     10,765         942,368   

Discover Financial Services

     6,651         428,258   
     

 

 

 
Total Consumer Finance         1,370,626   
Containers & Packaging – 0.1%      

AptarGroup, Inc.(a)

     923         56,026   

Ball Corp.

     1,389         87,882   

Silgan Holdings, Inc.(a)

     728         34,216   
     

 

 

 
Total Containers & Packaging         178,124   
Distributors – 0.3%      

Genuine Parts Co.(a)

     3,797         333,035   

Pool Corp.(a)

     608         32,783   
     

 

 

 
Total Distributors         365,818   
Diversified Consumer Services – 0.2%      

H&R Block, Inc.

     7,294         226,187   

Sotheby’s(a)

     538         19,217   
     

 

 

 
Total Diversified Consumer Services         245,404   
Diversified Financial Services – 0.7%      

CBOE Holdings, Inc.(a)

     1,163         62,250   

CME Group, Inc.

     6,675         533,700   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      101   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Dividend Growth Fund (DGRW)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

McGraw Hill Financial, Inc.

     3,850       $ 325,132   
     

 

 

 
Total Diversified Financial Services         921,082   
Electrical Equipment – 1.2%      

Acuity Brands, Inc.(a)

     205         24,131   

AMETEK, Inc.

     1,102         55,331   

Babcock & Wilcox Co. (The)

     1,252         34,668   

Emerson Electric Co.

     16,968         1,061,857   

Hubbell, Inc. Class B

     919         110,767   

Regal-Beloit Corp.(a)

     455         29,234   

Rockwell Automation, Inc.(a)

     2,707         297,445   
     

 

 

 
Total Electrical Equipment         1,613,433   
Electronic Equipment, Instruments & Components – 0.5%   

Amphenol Corp. Class A

     887         88,576   

Avnet, Inc.

     1,115         46,272   

Belden, Inc.

     88         5,634   

Corning, Inc.

     19,694         380,882   

FEI Co.(a)

     115         8,673   

FLIR Systems, Inc.

     1,001         31,371   

Jabil Circuit, Inc.(a)

     2,351         47,420   
     

 

 

 
Total Electronic Equipment, Instruments & Components         608,828   
Energy Equipment & Services – 1.3%      

Baker Hughes, Inc.

     4,628         301,098   

Bristow Group, Inc.(a)

     476         31,987   

CARBO Ceramics, Inc.(a)

     243         14,393   

Diamond Offshore Drilling, Inc.(a)

     8,213         281,460   

Halliburton Co.

     9,595         618,974   

National Oilwell Varco, Inc.

     5,381         409,494   

RPC, Inc.(a)

     4,795         105,298   

Tidewater, Inc.(a)

     815         31,809   
     

 

 

 
Total Energy Equipment & Services         1,794,513   
Food & Staples Retailing – 5.3%      

Costco Wholesale Corp.

     3,245         406,664   

CVS Health Corp.

     10,922         869,282   

PriceSmart, Inc.(a)

     113         9,677   

Safeway, Inc.(a)

     4,088         140,218   

Sysco Corp.(a)

     12,686         481,434   

Wal-Mart Stores, Inc.

     55,372         4,234,297   

Walgreen Co.

     14,741         873,699   

Whole Foods Market, Inc.(a)

     2,189         83,423   
     

 

 

 
Total Food & Staples Retailing         7,098,694   
Food Products – 1.5%      

Campbell Soup Co.(a)

     6,422         274,412   

Flowers Foods, Inc.(a)

     2,939         53,960   

General Mills, Inc.(a)

     13,712         691,770   

Hershey Co. (The)

     2,359         225,119   

Hormel Foods Corp.

     2,822         145,023   

Ingredion, Inc.(a)

     1,269         96,178   

Kellogg Co.(a)

     7,822         481,835   
     

 

 

 
Total Food Products         1,968,297   
Gas Utilities – 0.1%      

National Fuel Gas Co.(a)

     1,729         121,013   
Investments    Shares      Value  
     
Health Care Equipment & Supplies – 3.8%      

Abbott Laboratories

     33,517       $ 1,393,972   

Baxter International, Inc.

     14,916         1,070,521   

Becton, Dickinson and Co.

     3,342         380,353   

C.R. Bard, Inc.

     473         67,502   

Cooper Cos., Inc. (The)(a)

     30         4,673   

DENTSPLY International, Inc.

     714         32,558   

Medtronic, Inc.(a)

     18,195         1,127,180   

ResMed, Inc.(a)

     2,934         144,558   

St. Jude Medical, Inc.

     4,514         271,427   

STERIS Corp.(a)

     1,007         54,338   

Stryker Corp.

     5,155         416,266   

West Pharmaceutical Services, Inc.(a)

     564         25,245   
     

 

 

 
Total Health Care Equipment & Supplies         4,988,593   
Health Care Providers & Services – 1.9%      

Aetna, Inc.(a)

     4,090         331,290   

AmerisourceBergen Corp.(a)

     2,909         224,866   

Cigna Corp.

     100         9,069   

Humana, Inc.(a)

     1,556         202,731   

McKesson Corp.

     1,277         248,593   

Quest Diagnostics, Inc.(a)

     3,082         187,016   

UnitedHealth Group, Inc.

     14,623         1,261,234   

Universal Health Services, Inc. Class B

     244         25,498   
     

 

 

 
Total Health Care Providers & Services         2,490,297   
Hotels, Restaurants & Leisure – 4.3%      

Brinker International, Inc.(a)

     1,345         68,313   

Cheesecake Factory, Inc. (The)(a)

     562         25,571   

Cracker Barrel Old Country Store, Inc.(a)

     610         62,946   

Darden Restaurants, Inc.(a)

     5,100         262,446   

Dunkin’ Brands Group, Inc.(a)

     1,570         70,367   

International Game Technology

     5,539         93,443   

Las Vegas Sands Corp.(a)

     13,831         860,427   

McDonald’s Corp.

     31,479         2,984,524   

Starbucks Corp.

     9,459         713,776   

Yum! Brands, Inc.

     8,525         613,629   
     

 

 

 
Total Hotels, Restaurants & Leisure         5,755,442   
Household Durables – 0.4%      

Harman International Industries, Inc.(a)

     910         89,216   

Leggett & Platt, Inc.(a)

     5,294         184,867   

Tupperware Brands Corp.(a)

     1,266         87,405   

Whirlpool Corp.

     1,188         173,032   
     

 

 

 
Total Household Durables         534,520   
Household Products – 5.0%      

Church & Dwight Co., Inc.

     1,653         115,974   

Colgate-Palmolive Co.

     13,853         903,493   

Kimberly-Clark Corp.

     8,408         904,449   

Procter & Gamble Co. (The)

     56,323         4,716,488   
     

 

 

 
Total Household Products         6,640,404   
Industrial Conglomerates – 1.4%      

3M Co.(a)

     11,838         1,677,208   

Carlisle Cos., Inc.(a)

     703         56,507   

Danaher Corp.

     905         68,762   

 

See Notes to Financial Statements.

 

102   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Dividend Growth Fund (DGRW)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     

Roper Industries, Inc.

     463       $ 67,732   
     

 

 

 
Total Industrial Conglomerates         1,870,209   
Insurance – 0.9%      

Aflac, Inc.

     9,709         565,549   

AmTrust Financial Services, Inc.(a)

     1,345         53,558   

Marsh & McLennan Cos., Inc.

     10,743         562,289   
     

 

 

 
Total Insurance         1,181,396   
Internet & Catalog Retail – 0.1%      

Expedia, Inc.(a)

     1,001         87,707   

HSN, Inc.(a)

     799         49,035   
     

 

 

 
Total Internet & Catalog Retail         136,742   
Internet Software & Services – 0.0%      

IAC/InterActiveCorp

     754         49,689   
IT Services – 3.3%      

Automatic Data Processing, Inc.

     6,922         575,080   

Broadridge Financial Solutions, Inc.

     1,538         64,027   

DST Systems, Inc.

     364         30,547   

Global Payments, Inc.(a)

     82         5,730   

International Business Machines Corp.

     13,646         2,590,420   

Jack Henry & Associates, Inc.(a)

     661         36,791   

MasterCard, Inc. Class A

     2,018         149,170   

MAXIMUS, Inc.

     189         7,585   

Paychex, Inc.(a)

     6,935         306,527   

Total System Services, Inc.(a)

     1,381         42,756   

Visa, Inc. Class A

     2,253         480,723   

Western Union Co. (The)(a)

     9,557         153,294   
     

 

 

 
Total IT Services         4,442,650   
Leisure Products – 0.5%      

Brunswick Corp.(a)

     757         31,900   

Hasbro, Inc.(a)

     3,704         203,701   

Mattel, Inc.(a)

     10,252         314,224   

Polaris Industries, Inc.(a)

     790         118,334   
     

 

 

 
Total Leisure Products         668,159   
Life Sciences Tools & Services – 0.1%      

Agilent Technologies, Inc.

     2,535         144,444   

Techne Corp.(a)

     443         41,443   
     

 

 

 
Total Life Sciences Tools & Services         185,887   
Machinery – 2.1%      

AGCO Corp.(a)

     627         28,504   

CLARCOR, Inc.(a)

     539         34,000   

Cummins, Inc.

     3,231         426,427   

Donaldson Co., Inc.(a)

     1,660         67,446   

Dover Corp.

     2,607         209,420   

Flowserve Corp.

     983         69,321   

Graco, Inc.(a)

     795         58,019   

IDEX Corp.

     1,003         72,587   

Illinois Tool Works, Inc.

     8,622         727,869   

Joy Global, Inc.(a)

     1,286         70,139   

Kennametal, Inc.(a)

     1,083         44,739   

Lincoln Electric Holdings, Inc.(a)

     1,002         69,273   

Nordson Corp.

     607         46,175   
Investments    Shares      Value  
     

Oshkosh Corp.(a)

     937       $ 41,369   

PACCAR, Inc.

     4,676         265,948   

Pall Corp.(a)

     1,342         112,325   

Parker-Hannifin Corp.(a)

     2,069         236,176   

Snap-on, Inc.

     905         109,577   

Toro Co. (The)(a)

     528         31,274   

Valmont Industries, Inc.(a)

     183         24,692   

Wabtec Corp.

     182         14,749   

Woodward, Inc.(a)

     474         22,572   
     

 

 

 
Total Machinery         2,782,601   
Media – 3.8%      

Comcast Corp. Class A(a)

     31,127         1,674,010   

Comcast Corp. Special Class A(a)

     7,200         385,200   

John Wiley & Sons, Inc. Class A(a)

     843         47,301   

Scripps Networks Interactive, Inc. Class A(a)

     778         60,754   

Time Warner Cable, Inc.

     5,120         734,669   

Twenty-First Century Fox, Inc. Class A

     10,449         358,296   

Twenty-First Century Fox, Inc. Class B

     5,697         189,767   

Walt Disney Co. (The)

     17,582         1,565,325   
     

 

 

 
Total Media         5,015,322   
Metals & Mining – 1.3%      

Freeport-McMoRan, Inc.

     34,642         1,131,061   

Southern Copper Corp.(a)

     14,016         415,575   

Steel Dynamics, Inc.(a)

     5,174         116,984   
     

 

 

 
Total Metals & Mining         1,663,620   
Multiline Retail – 1.3%      

Family Dollar Stores, Inc.(a)

     1,790         138,259   

Macy’s, Inc.(a)

     6,761         393,355   

Nordstrom, Inc.

     3,622         247,636   

Target Corp.(a)

     16,076         1,007,644   
     

 

 

 
Total Multiline Retail         1,786,894   
Oil, Gas & Consumable Fuels – 6.7%      

Apache Corp.

     3,516         330,047   

Cabot Oil & Gas Corp.(a)

     917         29,977   

Cimarex Energy Co.

     449         56,812   

EQT Corp.

     205         18,766   

Exxon Mobil Corp.

     73,788         6,939,761   

HollyFrontier Corp.

     4,624         201,976   

Marathon Oil Corp.

     14,284         536,935   

Marathon Petroleum Corp.

     5,429         459,673   

Murphy Oil Corp.(a)

     3,425         194,917   

Pioneer Natural Resources Co.(a)

     69         13,591   

QEP Resources, Inc.(a)

     455         14,005   

SM Energy Co.(a)

     91         7,098   

Western Refining, Inc.

     1,617         67,898   
     

 

 

 
Total Oil, Gas & Consumable Fuels         8,871,456   
Personal Products – 0.1%      

Avon Products, Inc.(a)

     4,488         56,549   

Estee Lauder Cos., Inc. (The) Class A

     1,874         140,025   
     

 

 

 
Total Personal Products         196,574   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      103   


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. Dividend Growth Fund (DGRW)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Pharmaceuticals – 1.7%      

Allergan, Inc.

     558       $ 99,430   

Bristol-Myers Squibb Co.

     41,209         2,109,077   
     

 

 

 
Total Pharmaceuticals         2,208,507   
Professional Services – 0.2%      

Equifax, Inc.

     1,531         114,427   

Robert Half International, Inc.(a)

     2,098         102,802   
     

 

 

 
Total Professional Services         217,229   
Real Estate Investment Trusts (REITs) – 0.2%      

Corrections Corp. of America(a)

     6,376         219,079   
Real Estate Management & Development – 0.0%      

Jones Lang LaSalle, Inc.

     182         22,994   
Road & Rail – 2.6%      

CSX Corp.

     20,485         656,749   

JB Hunt Transport Services, Inc.(a)

     900         66,645   

Kansas City Southern(a)

     742         89,930   

Landstar System, Inc.(a)

     1,552         112,039   

Norfolk Southern Corp.(a)

     6,663         743,591   

Union Pacific Corp.

     16,714         1,812,132   
     

 

 

 
Total Road & Rail         3,481,086   
Semiconductors & Semiconductor Equipment – 4.6%   

Altera Corp.(a)

     3,529         126,268   

Analog Devices, Inc.

     5,016         248,242   

Broadcom Corp. Class A

     4,754         192,157   

Intel Corp.

     104,913         3,653,071   

KLA-Tencor Corp.(a)

     2,799         220,505   

Linear Technology Corp.(a)

     3,140         139,385   

Maxim Integrated Products, Inc.

     6,239         188,667   

Microchip Technology, Inc.(a)

     3,945         186,322   

NVIDIA Corp.(a)

     7,690         141,880   

Texas Instruments, Inc.

     18,028         859,755   

Xilinx, Inc.

     3,522         149,157   
     

 

 

 
Total Semiconductors & Semiconductor Equipment         6,105,409   
Software – 5.7%      

Activision Blizzard, Inc.

     4,527         94,116   

FactSet Research Systems, Inc.(a)

     338         41,077   

Intuit, Inc.

     1,697         148,742   

Microsoft Corp.

     126,358         5,857,957   

Oracle Corp.

     37,360         1,430,141   

Solera Holdings, Inc.(a)

     375         21,135   
     

 

 

 
Total Software         7,593,168   
Specialty Retail – 3.6%      

Abercrombie & Fitch Co. Class A(a)

     1,750         63,595   

Advance Auto Parts, Inc.

     162         21,109   

Buckle, Inc. (The)(a)

     744         33,770   

Chico’s FAS, Inc.(a)

     1,799         26,571   

Dick’s Sporting Goods, Inc.(a)

     880         38,614   

DSW, Inc. Class A(a)

     946         28,484   

GameStop Corp. Class A(a)

     2,370         97,644   

Gap, Inc. (The)(a)

     9,134         380,796   

GNC Holdings, Inc. Class A

     973         37,694   
Investments    Shares      Value  
     

Home Depot, Inc. (The)

     26,136       $ 2,397,717   

Lowe’s Cos., Inc.

     14,738         779,935   

Penske Automotive Group, Inc.(a)

     1,284         52,118   

PetSmart, Inc.

     1,092         76,538   

Ross Stores, Inc.

     1,885         142,468   

TJX Cos., Inc. (The)

     6,303         372,949   

Tractor Supply Co.(a)

     928         57,081   

Williams-Sonoma, Inc.(a)

     1,919         127,748   
     

 

 

 
Total Specialty Retail         4,734,831   
Technology Hardware, Storage & Peripherals – 5.1%   

Apple, Inc.

     58,746         5,918,659   

EMC Corp.

     20,541         601,030   

NetApp, Inc.

     2,970         127,591   

SanDisk Corp.(a)

     1,766         172,980   
     

 

 

 
Total Technology Hardware, Storage & Peripherals         6,820,260   
Textiles, Apparel & Luxury Goods – 1.2%      

Coach, Inc.(a)

     6,379         227,156   

Hanesbrands, Inc.

     1,067         114,638   

NIKE, Inc. Class B

     7,164         639,029   

Ralph Lauren Corp.(a)

     568         93,567   

VF Corp.

     7,285         481,029   
     

 

 

 
Total Textiles, Apparel & Luxury Goods         1,555,419   
Tobacco – 2.5%      

Altria Group, Inc.

     71,333         3,277,038   
Trading Companies & Distributors – 0.5%      

Fastenal Co.(a)

     5,834         261,946   

MSC Industrial Direct Co., Inc. Class A(a)

     746         63,753   

W.W. Grainger, Inc.(a)

     969         243,849   

Watsco, Inc.(a)

     465         40,074   
     

 

 

 
Total Trading Companies & Distributors         609,622   

TOTAL COMMON STOCKS

(Cost: $121,450,798)

  

  

     132,806,130   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 15.0%   
United States – 15.0%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(b)

     
(Cost: $19,911,574)(c)      19,911,574         19,911,574   

TOTAL INVESTMENTS IN SECURITIES – 114.8%

(Cost: $141,362,372)

  

  

     152,717,704   

Liabilities in Excess of Cash and
Other Assets – (14.8)%

   

     (19,726,657
     

 

 

 
NET ASSETS – 100.0%       $ 132,991,047   
(a)

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b)

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(c)

At September 30, 2014, the total market value of the Fund’s securities on loan was $19,477,769 and the total market value of the collateral held by the Fund was $19,911,574.

 

See Notes to Financial Statements.

 

104   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited)

WisdomTree U.S. SmallCap Dividend Growth Fund (DGRS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
COMMON STOCKS – 99.8%      
United States – 99.8%      
Aerospace & Defense – 1.6%      

AAR Corp.(a)

     2,496       $ 60,278   

American Science & Engineering, Inc.(a)

     1,439         79,692   

Cubic Corp.(a)

     832         38,938   

Curtiss-Wright Corp.(a)

     2,068         136,323   

HEICO Corp.(a)

     320         14,944   

HEICO Corp. Class A

     661         26,638   

National Presto Industries, Inc.

     555         33,694   
     

 

 

 
Total Aerospace & Defense         390,507   
Air Freight & Logistics – 0.3%      

Forward Air Corp.

     1,822         81,680   
Auto Components – 1.2%      

Cooper Tire & Rubber Co.(a)

     6,692         192,060   

Standard Motor Products, Inc.(a)

     1,993         68,619   

Strattec Security Corp.(a)

     247         20,094   
     

 

 

 
Total Auto Components         280,773   
Banks – 4.3%      

Access National Corp.

     2,104         34,148   

BancFirst Corp.(a)

     2,439         152,584   

Bank of the Ozarks, Inc.(a)

     8,026         252,979   

Cardinal Financial Corp.

     3,069         52,388   

Community Bank System, Inc.(a)

     4,362         146,520   

ConnectOne Bancorp, Inc.

     1,744         33,223   

Heartland Financial USA, Inc.(a)

     1,787         42,674   

Old National Bancorp

     18,604         241,294   

Pinnacle Financial Partners, Inc.

     2,502         90,322   
     

 

 

 
Total Banks         1,046,132   
Building Products – 1.3%      

AAON, Inc.(a)

     2,346         39,905   

Apogee Enterprises, Inc.(a)

     1,869         74,386   

Insteel Industries, Inc.

     683         14,043   

Simpson Manufacturing Co., Inc.(a)

     4,337         126,424   

Universal Forest Products, Inc.

     1,076         45,956   
     

 

 

 
Total Building Products         300,714   
Capital Markets – 4.1%      

Calamos Asset Management, Inc. Class A(a)

     6,713         75,655   

Cohen & Steers, Inc.(a)

     6,502         249,937   

FXCM, Inc. Class A(a)

     4,596         72,847   

GAMCO Investors, Inc. Class A

     142         10,045   

Janus Capital Group, Inc.(a)

     32,498         472,521   

Pzena Investment Management, Inc. Class A(a)

     972         9,283   

Westwood Holdings Group, Inc.

     1,835         104,026   
     

 

 

 
Total Capital Markets         994,314   
Chemicals – 6.2%      

A. Schulman, Inc.(a)

     4,890         176,823   

American Vanguard Corp.(a)

     1,665         18,648   

Balchem Corp.(a)

     811         45,878   

Chase Corp.

     916         28,506   

FutureFuel Corp.(a)

     8,764         104,204   

Hawkins, Inc.(a)

     987         35,493   
Investments    Shares      Value  
     

Innophos Holdings, Inc.

     5,247       $ 289,057   

Innospec, Inc.

     3,018         108,346   

KMG Chemicals, Inc.(a)

     580         9,443   

Koppers Holdings, Inc.(a)

     1,569         52,028   

Minerals Technologies, Inc.(a)

     832         51,343   

Olin Corp.(a)

     15,685         396,046   

Quaker Chemical Corp.(a)

     1,231         88,250   

Stepan Co.

     1,656         73,493   

Zep, Inc.

     1,766         24,759   
     

 

 

 
Total Chemicals         1,502,317   
Commercial Services & Supplies – 11.3%      

ABM Industries, Inc.(a)

     7,777         199,791   

CECO Environmental Corp.(a)

     2,177         29,172   

Deluxe Corp.(a)

     6,544         360,967   

Ennis, Inc.

     6,925         91,202   

G&K Services, Inc. Class A(a)

     2,245         124,328   

Healthcare Services Group, Inc.(a)

     11,031         315,597   

Herman Miller, Inc.

     6,578         196,353   

Interface, Inc.(a)

     2,476         39,963   

Kimball International, Inc. Class B(a)

     2,867         43,148   

Knoll, Inc.(a)

     8,935         154,665   

Matthews International Corp. Class A(a)

     1,857         81,504   

McGrath RentCorp(a)

     4,055         138,681   

Mobile Mini, Inc.(a)

     5,270         184,292   

MSA Safety, Inc.(a)

     5,784         285,730   

Steelcase, Inc. Class A(a)

     14,632         236,892   

U.S. Ecology, Inc.

     1,765         82,531   

UniFirst Corp.

     142         13,716   

United Stationers, Inc.(a)

     3,244         121,877   

Viad Corp.

     1,864         38,492   
     

 

 

 
Total Commercial Services & Supplies         2,738,901   
Communications Equipment – 1.8%      

ADTRAN, Inc.(a)

     5,616         115,297   

InterDigital, Inc.(a)

     3,634         144,706   

Plantronics, Inc.

     2,869         137,081   

TESSCO Technologies, Inc.

     1,052         30,497   
     

 

 

 
Total Communications Equipment         427,581   
Construction & Engineering – 0.3%      

Comfort Systems USA, Inc.(a)

     2,802         37,967   

Primoris Services Corp.(a)

     1,601         42,971   
     

 

 

 
Total Construction & Engineering         80,938   
Consumer Finance – 0.1%      

Cash America International, Inc.(a)

     737         32,281   
Containers & Packaging – 1.1%      

Greif, Inc. Class A

     5,895         258,260   
Distributors – 0.4%      

Core-Mark Holding Co., Inc.(a)

     1,930         102,367   
Diversified Consumer Services – 0.8%      

Carriage Services, Inc.(a)

     732         12,685   

DeVry Education Group, Inc.(a)

     4,416         189,049   
     

 

 

 
Total Diversified Consumer Services         201,734   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      105   


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Dividend Growth Fund (DGRS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Diversified Financial Services – 0.2%      

Marlin Business Services Corp.

     1,571       $ 28,781   

MicroFinancial, Inc.(a)

     3,292         26,533   
     

 

 

 
Total Diversified Financial Services         55,314   
Diversified Telecommunication Services – 0.3%      

Enventis Corp.(a)

     4,364         79,337   
Electrical Equipment – 1.1%      

Allied Motion Technologies, Inc.

     507         7,199   

AZZ, Inc.(a)

     1,892         79,029   

Encore Wire Corp.(a)

     216         8,012   

Franklin Electric Co., Inc.(a)

     2,153         74,795   

Global Power Equipment Group, Inc.(a)

     2,126         31,678   

Powell Industries, Inc.

     1,128         46,090   

Preformed Line Products Co.(a)

     391         20,629   
     

 

 

 
Total Electrical Equipment         267,432   
Electronic Equipment, Instruments & Components – 4.3%      

AVX Corp.(a)

     25,599         339,955   

Badger Meter, Inc.(a)

     1,411         71,185   

CTS Corp.(a)

     2,128         33,814   

Daktronics, Inc.

     7,209         88,599   

Electro Rent Corp.(a)

     7,381         101,636   

Littelfuse, Inc.

     1,537         130,922   

Mesa Laboratories, Inc.(a)

     200         11,556   

Methode Electronics, Inc.(a)

     2,189         80,708   

MTS Systems Corp.(a)

     1,967         134,267   

Park Electrochemical Corp.(a)

     2,137         50,326   
     

 

 

 
Total Electronic Equipment, Instruments & Components               1,042,968   
Energy Equipment & Services – 0.6%      

Gulfmark Offshore, Inc. Class A(a)

     4,190         131,356   
Food & Staples Retailing – 0.5%      

Andersons, Inc. (The)

     1,466         92,182   

Ingles Markets, Inc. Class A

     1,317         31,200   
     

 

 

 
Total Food & Staples Retailing         123,382   
Food Products – 2.0%      

Alico, Inc.(a)

     628         23,927   

Cal-Maine Foods, Inc.

     758         67,712   

Calavo Growers, Inc.(a)

     2,531         114,249   

J&J Snack Foods Corp.

     973         91,034   

Lancaster Colony Corp.(a)

     1,979         168,769   

Lifeway Foods, Inc.(a)

     586         8,128   

Limoneira Co.

     606         14,356   
     

 

 

 
Total Food Products         488,175   
Health Care Equipment & Supplies – 2.8%      

Analogic Corp.(a)

     389         24,881   

Atrion Corp.(a)

     148         45,142   

Cantel Medical Corp.

     751         25,819   

CONMED Corp.

     3,813         140,471   

CryoLife, Inc.

     1,986         19,602   

Hill-Rom Holdings, Inc.(a)

     5,661         234,535   

LeMaitre Vascular, Inc.

     1,565         10,767   
Investments    Shares      Value  
     

Meridian Bioscience, Inc.(a)

     8,735       $ 154,522   

Utah Medical Products, Inc.

     482         23,502   
     

 

 

 
Total Health Care Equipment & Supplies         679,241   
Health Care Providers & Services – 0.8%      

Chemed Corp.(a)

     1,330         136,857   

Ensign Group, Inc. (The)(a)

     901         31,355   

U.S. Physical Therapy, Inc.

     978         34,611   
     

 

 

 
Total Health Care Providers & Services         202,823   
Health Care Technology – 1.4%      

Computer Programs & Systems, Inc.(a)

     2,588         148,784   

Quality Systems, Inc.(a)

     14,302         196,939   
     

 

 

 
Total Health Care Technology         345,723   
Hotels, Restaurants & Leisure – 4.1%      

Bob Evans Farms, Inc.(a)

     4,001         189,407   

Churchill Downs, Inc.

     1,236         120,510   

Einstein Noah Restaurant Group, Inc.

     4,247         85,620   

Frisch’s Restaurants, Inc.

     1,060         29,998   

International Speedway Corp. Class A(a)

     1,196         37,841   

Interval Leisure Group, Inc.(a)

     5,788         110,261   

Papa John’s International, Inc.

     3,483         139,285   

Ruth’s Hospitality Group, Inc.

     2,892         31,928   

Texas Roadhouse, Inc.(a)

     8,653         240,900   
     

 

 

 
Total Hotels, Restaurants & Leisure         985,750   
Household Durables – 1.6%      

Bassett Furniture Industries, Inc.

     1,111         15,176   

Ethan Allen Interiors, Inc.(a)

     2,769         63,133   

Hooker Furniture Corp.

     1,678         25,522   

La-Z-Boy, Inc.

     1,973         39,046   

Lifetime Brands, Inc.(a)

     822         12,585   

MDC Holdings, Inc.(a)

     6,625         167,745   

NACCO Industries, Inc. Class A

     719         35,756   

Ryland Group, Inc. (The)

     957         31,811   
     

 

 

 
Total Household Durables         390,774   
Household Products – 0.8%      

Orchids Paper Products Co.(a)

     2,547         62,554   

WD-40 Co.(a)

     1,821         123,755   
     

 

 

 
Total Household Products         186,309   
Industrial Conglomerates – 0.3%      

Raven Industries, Inc.(a)

     2,662         64,953   
Insurance – 3.5%      

AMERISAFE, Inc.(a)

     1,014         39,657   

Crawford & Co. Class A(a)

     5,567         42,977   

Employers Holdings, Inc.

     1,728         33,264   

HCI Group, Inc.(a)

     1,817         65,394   

Infinity Property & Casualty Corp.(a)

     1,368         87,566   

National Interstate Corp.(a)

     2,605         72,679   

Primerica, Inc.(a)

     3,990         192,398   

RLI Corp.(a)

     3,020         130,736   

Selective Insurance Group, Inc.(a)

     7,755         171,696   
     

 

 

 
Total Insurance         836,367   

 

See Notes to Financial Statements.

 

106   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Dividend Growth Fund (DGRS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Internet & Catalog Retail – 0.4%      

PetMed Express, Inc.(a)

     6,220       $ 84,592   
Internet Software & Services – 1.5%      

j2 Global, Inc.(a)

     7,123         351,591   
IT Services – 2.4%      

Computer Task Group, Inc.(a)

     1,398         15,518   

Convergys Corp.(a)

     6,202         110,519   

CSG Systems International, Inc.(a)

     5,122         134,606   

Forrester Research, Inc.(a)

     2,249         82,898   

Hackett Group, Inc. (The)(a)

     3,378         20,133   

Heartland Payment Systems, Inc.(a)

     1,554         74,157   

ManTech International Corp. Class A(a)

     4,942         133,187   
     

 

 

 
Total IT Services         571,018   
Leisure Products – 0.8%      

Arctic Cat, Inc.

     677         23,573   

Johnson Outdoors, Inc. Class A(a)

     724         18,752   

Marine Products Corp.(a)

     3,365         26,550   

Sturm Ruger & Co., Inc.(a)

     2,735         133,167   
     

 

 

 
Total Leisure Products         202,042   
Machinery – 5.2%      

Alamo Group, Inc.(a)

     391         16,031   

Albany International Corp. Class A

     3,103         105,626   

Altra Industrial Motion Corp.(a)

     2,257         65,814   

Astec Industries, Inc.(a)

     1,116         40,701   

Barnes Group, Inc.(a)

     4,034         122,432   

CIRCOR International, Inc.

     215         14,476   

Dynamic Materials Corp.(a)

     651         12,402   

ESCO Technologies, Inc.(a)

     1,614         56,135   

Gorman-Rupp Co. (The)(a)

     2,010         60,380   

Graham Corp.(a)

     222         6,383   

Hillenbrand, Inc.(a)

     8,883         274,396   

John Bean Technologies Corp.(a)

     2,382         67,006   

Kadant, Inc.

     920         35,926   

L.B. Foster Co. Class A

     180         8,269   

Lindsay Corp.(a)

     524         39,169   

NN, Inc.(a)

     1,188         31,743   

Standex International Corp.

     535         39,665   

Sun Hydraulics Corp.

     1,657         62,287   

Tennant Co.

     1,326         88,961   

Titan International, Inc.(a)

     393         4,645   

Watts Water Technologies, Inc. Class A

     1,622         94,481   
     

 

 

 
Total Machinery         1,246,928   
Marine – 0.1%      

International Shipholding Corp.(a)

     1,786         31,952   
Media – 0.9%      

Meredith Corp.(a)

     4,878         208,778   
Metals & Mining – 4.2%      

Compass Minerals International, Inc.

     3,713         312,932   

Haynes International, Inc.(a)

     1,465         67,375   

Kaiser Aluminum Corp.(a)

     2,314         176,373   

Materion Corp.(a)

     1,845         56,586   
Investments    Shares      Value  
     

Olympic Steel, Inc.(a)

     215       $ 4,423   

Synalloy Corp.

     1,000         17,400   

U.S. Silica Holdings, Inc.(a)

     5,941         371,372   
     

 

 

 
Total Metals & Mining         1,006,461   
Multiline Retail – 0.2%      

Fred’s, Inc. Class A(a)

     3,587         50,218   
Oil, Gas & Consumable Fuels – 2.0%      

Adams Resources & Energy, Inc.(a)

     429         19,001   

Delek U.S. Holdings, Inc.(a)

     8,052         266,682   

Panhandle Oil and Gas, Inc. Class A(a)

     573         34,208   

W&T Offshore, Inc.(a)

     14,143         155,573   
     

 

 

 
Total Oil, Gas & Consumable Fuels         475,464   
Paper & Forest Products – 1.1%      

Deltic Timber Corp.(a)

     554         34,525   

Neenah Paper, Inc.

     2,126         113,699   

PH Glatfelter Co.(a)

     4,437         97,392   

Wausau Paper Corp.(a)

     3,351         26,573   
     

 

 

 
Total Paper & Forest Products         272,189   
Personal Products – 0.3%      

Inter Parfums, Inc.

     3,009         82,747   
Professional Services – 1.5%      

Barrett Business Services, Inc.

     378         14,927   

Corporate Executive Board Co. (The)(a)

     2,623         157,564   

Exponent, Inc.

     661         46,852   

Insperity, Inc.(a)

     3,358         91,808   

Kelly Services, Inc. Class A(a)

     1,864         29,209   

VSE Corp.

     276         13,529   
     

 

 

 
Total Professional Services         353,889   
Real Estate Investment Trusts (REITs) – 4.9%      

Geo Group, Inc. (The)

     9,938         379,830   

Getty Realty Corp.(a)

     10,245         174,165   

National Health Investors, Inc.(a)

     7,918         452,435   

Potlatch Corp.

     4,570         183,760   
     

 

 

 
Total Real Estate Investment Trusts (REITs)         1,190,190   
Road & Rail – 2.5%      

Celadon Group, Inc.(a)

     610         11,865   

Con-way, Inc.(a)

     3,735         177,412   

Heartland Express, Inc.(a)

     2,370         56,785   

Knight Transportation, Inc.(a)

     6,772         185,485   

Marten Transport Ltd.(a)

     1,094         19,484   

Universal Truckload Services, Inc.(a)

     1,910         46,317   

Werner Enterprises, Inc.(a)

     3,753         94,576   
     

 

 

 
Total Road & Rail         591,924   
Semiconductors & Semiconductor Equipment – 0.8%      

IXYS Corp.(a)

     2,144         22,512   

Micrel, Inc.(a)

     8,378         100,787   

Power Integrations, Inc.

     1,245         67,118   
     

 

 

 
Total Semiconductors & Semiconductor Equipment         190,417   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      107   


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. SmallCap Dividend Growth Fund (DGRS)

September 30, 2014

 

  

 

 

Investments    Shares      Value  
     
Software – 1.8%      

Blackbaud, Inc.(a)

     4,389       $ 172,444   

Ebix, Inc.(a)

     5,681         80,556   

Epiq Systems, Inc.(a)

     5,630         98,863   

Fair Isaac Corp.(a)

     325         17,907   

Monotype Imaging Holdings, Inc.

     2,193         62,106   
     

 

 

 
Total Software         431,876   
Specialty Retail – 3.5%      

Aaron’s, Inc.

     1,563         38,012   

Big 5 Sporting Goods Corp.(a)

     3,455         32,374   

Cato Corp. (The) Class A(a)

     1,267         43,661   

Destination Maternity Corp.(a)

     2,353         36,330   

Finish Line, Inc. (The) Class A(a)

     3,732         93,412   

Group 1 Automotive, Inc.(a)

     1,672         121,571   

Haverty Furniture Cos., Inc.(a)

     1,509         32,881   

Lithia Motors, Inc. Class A(a)

     1,241         93,931   

Monro Muffler Brake, Inc.(a)

     1,844         89,490   

Pier 1 Imports, Inc.(a)

     7,121         84,669   

Sonic Automotive, Inc. Class A(a)

     1,212         29,706   

Stage Stores, Inc.(a)

     5,230         89,485   

Stein Mart, Inc.(a)

     4,646         53,661   

Winmark Corp.(a)

     84         6,174   
     

 

 

 
Total Specialty Retail         845,357   
Technology Hardware, Storage & Peripherals – 0.0%      

TransAct Technologies, Inc.(a)

     1,241         8,364   
Textiles, Apparel & Luxury Goods – 1.7%      

Cherokee, Inc.(a)

     1,709         31,121   

Columbia Sportswear Co.

     6,690         239,368   

Culp, Inc.(a)

     666         12,088   

Movado Group, Inc.(a)

     987         32,630   

Oxford Industries, Inc.(a)

     1,066         65,015   

Superior Uniform Group, Inc.(a)

     1,579         34,186   
     

 

 

 
Total Textiles, Apparel & Luxury Goods         414,408   
Thrifts & Mortgage Finance – 1.5%      

EverBank Financial Corp.(a)

     5,765         101,810   

OceanFirst Financial Corp.(a)

     3,540         56,321   

Oritani Financial Corp.

     14,328         201,882   
     

 

 

 
Total Thrifts & Mortgage Finance         360,013   
Trading Companies & Distributors – 3.1%      

Aceto Corp.(a)

     1,927         37,230   

Applied Industrial Technologies, Inc.(a)

     5,281         241,078   

GATX Corp.(a)

     5,281         308,252   

Houston Wire & Cable Co.(a)

     3,999         47,908   

Kaman Corp.(a)

     2,922         114,834   
     

 

 

 
Total Trading Companies & Distributors         749,302   
Wireless Telecommunication Services – 0.3%      

Spok Holdings, Inc.

     5,585         72,661   

TOTAL COMMON STOCKS

(Cost: $24,749,097)

  

  

     24,110,784   
Investments    Shares      Value  
     
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 30.4%      
United States – 30.4%      

State Street Navigator Securities Lending Prime Portfolio, 0.15%(b)

     
(Cost: $7,334,647)(c)      7,334,647       $ 7,334,647   

TOTAL INVESTMENTS IN SECURITIES – 130.2%

(Cost: $32,083,744)

  

  

     31,445,431   

Liabilities in Excess of Cash and
Other Assets – (30.2)%

   

     (7,300,380
     

 

 

 
NET ASSETS – 100.0%       $ 24,145,051   
(a) 

Security, or portion thereof, was on loan at September 30, 2014 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of September 30, 2014.

 

(c) 

At September 30, 2014, the total market value of the Fund’s securities on loan was $7,235,395 and the total market value of the collateral held by the Fund was $7,413,908. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $79,261.

 

See Notes to Financial Statements.

 

108   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Statements of Assets and Liabilities (unaudited)

WisdomTree Domestic Earnings and Dividend Funds

September 30, 2014

 

  

 

 

     

WisdomTree

Dividend

ex-Financials Fund

    

WisdomTree

Earnings

500 Fund

    

WisdomTree

Equity

Income Fund

    

WisdomTree

LargeCap

Dividend Fund

    

WisdomTree

LargeCap

Value Fund

 

ASSETS:

              

Investments, at cost

   $ 1,122,332,058       $ 107,896,983       $ 837,418,381       $ 1,535,853,594       $ 30,964,366   

Investment in affiliates, at cost (Note 7)

     1,424,843         101,025         1,355,515         330,484         49,752   

Investments in securities, at value (including securities on loan) (Note 2)1

     1,309,300,645         133,527,253         980,812,443         1,904,427,266         34,495,388   

Investment in affiliates, at value (Note 7)

     1,437,047         110,395         1,390,488         341,393         54,567   

Cash

     863,026         32,648         375,049         638,630         5,189   

Receivables:

              

Dividends and interest

     2,607,047         129,305         2,331,215         3,017,269         19,320   

Capital shares sold

                     5,932,543                   

Total Assets

     1,314,207,765         133,799,601         990,841,738         1,908,424,558         34,574,464   

LIABILITIES:

              

Payables:

              

Investment of cash collateral for securities loaned (Note 2)

     125,220,957         20,320,411         72,856,039         71,857,282         7,047,195   

Investment securities purchased

     1,197,075                 5,920,218                   

Advisory fees (Note 3)

     374,865         26,419         283,804         426,959         8,776   

Service fees (Note 2)

     4,347         417         3,292         6,717         102   

Total Liabilities

     126,797,244         20,347,247         79,063,353         72,290,958         7,056,073   

NET ASSETS

   $ 1,187,410,521       $ 113,452,354       $ 911,778,385       $ 1,836,133,600       $ 27,518,391   

NET ASSETS:

              

Paid-in capital

   $ 1,106,549,069       $ 105,538,403       $ 842,388,518       $ 1,523,377,556       $ 29,573,344   

Undistributed net investment income

     2,462,606         87,534         2,085,145         2,328,151         7,803   

Accumulated net realized loss on investments

     (108,581,945      (17,813,223      (76,124,313      (58,156,688      (5,598,593

Net unrealized appreciation on investments

     186,980,791         25,639,640         143,429,035         368,584,581         3,535,837   

NET ASSETS

   $ 1,187,410,521       $ 113,452,354       $ 911,778,385       $ 1,836,133,600       $ 27,518,391   

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     16,200,000         1,650,000         15,400,000         25,850,000         450,000   

Net asset value per share

   $ 73.30       $ 68.76       $ 59.21       $ 71.03       $ 61.15   
1 

Market value of securities out on loan were as follows: $143,274,541, $24,452,064, $77,472,354, $72,600,622 and $7,790,121, respectively.

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      109   


Table of Contents

Statements of Assets and Liabilities (unaudited) (continued)

WisdomTree Domestic Earnings and Dividend Funds

September 30, 2014

 

  

 

 

     

WisdomTree

MidCap

Dividend Fund

    

WisdomTree

MidCap

Earnings Fund

    

WisdomTree

SmallCap

Dividend Fund

    

WisdomTree

SmallCap

Earnings Fund

    

WisdomTree

Total

Dividend Fund

 

ASSETS:

              

Investments, at cost

   $ 1,278,924,610       $ 702,773,360       $ 1,199,118,510       $ 506,571,511       $ 417,704,350   

Investment in affiliates, at cost (Note 7)

     2,085,848         738,535         1,502,571         427,568         1,466,730   

Investments in securities, at value (including securities on loan) (Note 2)1

     1,441,788,067         762,287,516         1,272,505,781         515,650,181         535,968,891   

Investment in affiliates, at value (Note 7)

     2,145,847         792,378         1,671,171         449,204         1,494,020   

Cash

     961,833         143,240         609,475         130,025         216,467   

Receivables:

              

Investment securities sold

                             7,723,121           

Dividends and interest

     3,394,027         704,176         2,130,146         329,114         942,211   

Capital shares sold

                                     3,569,171   

Total Assets

     1,448,289,774         763,927,310         1,276,916,573         524,281,645         542,190,760   

LIABILITIES:

              

Payables:

              

Investment of cash collateral for securities loaned (Note 2)

     321,534,638         172,952,015         295,449,542         120,607,849         22,327,377   

Investment securities purchased

                                     3,561,543   

Capital shares redeemed

                             7,725,469           

Advisory fees (Note 3)

     360,998         192,089         319,708         134,385         118,457   

Service fees (Note 2)

     4,194         2,232         3,713         1,560         1,867   

Total Liabilities

     321,899,830         173,146,336         295,772,963         128,469,263         26,009,244   

NET ASSETS

   $ 1,126,389,944       $ 590,780,974       $ 981,143,610       $ 395,812,382       $ 516,181,516   

NET ASSETS:

              

Paid-in capital

   $ 999,215,071       $ 541,792,615       $ 944,628,993       $ 394,926,216       $ 424,881,999   

Undistributed net investment income

     4,180,154         607,918         3,874,674         153,447         936,115   

Accumulated net realized loss on investments

     (39,928,737      (11,187,558      (40,915,928      (8,367,587      (27,928,429

Net unrealized appreciation on investments

     162,923,456         59,567,999         73,555,871         9,100,306         118,291,831   

NET ASSETS

   $ 1,126,389,944       $ 590,780,974       $ 981,143,610       $ 395,812,382       $ 516,181,516   

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     14,400,000         6,750,000         15,100,000         5,200,000         7,250,000   

Net asset value per share

   $ 78.22       $ 87.52       $ 64.98       $ 76.12       $ 71.20   
1 

Market value of securities out on loan were as follows: $333,697,472, $176,295,842, $290,956,337, $120,711,354 and $26,212,219, respectively.

 

See Notes to Financial Statements.

 

110   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Statements of Assets and Liabilities (unaudited) (concluded)

WisdomTree Domestic Earnings and Dividend Funds

September 30, 2014

 

  

 

 

      WisdomTree
Total
Earnings Fund
     WisdomTree
U.S. Dividend
Growth Fund
     WisdomTree
U.S. SmallCap
Dividend
Growth Fund
 

ASSETS:

        

Investments, at cost

   $ 99,056,858       $ 141,362,372       $ 32,083,744   

Investments in securities, at value (including securities on loan) (Note 2)1

     119,466,870         152,717,704         31,445,431   

Cash

     28,996         46,892         10,786   

Receivables:

        

Capital shares sold

     3,554,365         1,465,582           

Dividends and interest

     102,939         168,130         31,424   

Total Assets

     123,153,170         154,398,308         31,487,641   

LIABILITIES:

        

Payables:

        

Investment of cash collateral for securities loaned (Note 2)

     24,214,802         19,911,574         7,334,647   

Investment securities purchased

     3,549,808         1,464,602           

Advisory fees (Note 3)

     20,658         30,604         7,852   

Service fees (Note 2)

     324         481         91   

Total Liabilities

     27,785,592         21,407,261         7,342,590   

NET ASSETS

   $ 95,367,578       $ 132,991,047       $ 24,145,051   

NET ASSETS:

        

Paid-in capital

   $ 79,942,847       $ 121,726,875       $ 24,932,604   

Undistributed net investment income

     71,909         169,581         47,391   

Accumulated net realized loss on investments

     (5,057,190      (260,741      (196,631

Net unrealized appreciation (depreciation) on investments

     20,410,012         11,355,332         (638,313

NET ASSETS

   $ 95,367,578       $ 132,991,047       $ 24,145,051   

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     1,350,000         4,550,000         900,000   

Net asset value per share

   $ 70.64       $ 29.23       $ 26.83   
1 

Market value of securities out on loan were as follows: $27,482,407, $19,477,769 and $7,235,395, respectively.

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      111   


Table of Contents

Statements of Operations (unaudited)

WisdomTree Domestic Earnings and Dividend Funds

For the Six Months Ended September 30, 2014

 

  

 

 

      WisdomTree
Dividend
ex-Financials
Fund
     WisdomTree
Earnings
500 Fund
    

WisdomTree

Equity Income
Fund

    

WisdomTree
LargeCap

Dividend Fund

     WisdomTree
LargeCap
Value Fund
 

INVESTMENT INCOME:

              

Dividends

   $ 20,970,805       $ 1,156,034       $ 15,960,225       $ 26,252,781       $ 232,235   

Dividends from affiliates (Note 7)

     35,909         2,482         20,840         28,370         461   

Securities lending income (Note 2)

     658,739         20,666         161,732         86,783         6,205   

Total investment income

     21,665,453         1,179,182         16,142,797         26,367,934         238,901   

EXPENSES:

              

Advisory fees (Note 3)

     2,247,680         152,114         1,655,180         2,600,644         52,058   

Service fees (Note 2)

     26,026         2,390         19,165         40,867         603   

Proxy fees (Note 2)

     40,563         3,726         28,386         56,181         1,086   

Total expenses

     2,314,269         158,230         1,702,731         2,697,692         53,747   

Expense waivers (Note 3)

     (3,505      (153      (1,597      (1,951      (62

Net expenses

     2,310,764         158,077         1,701,134         2,695,741         53,685   

Net investment income

     19,354,689         1,021,105         14,441,663         23,672,193         185,216   

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

              

Net realized gain from:

              

Investment transactions

     82,057         27,615         234,355         809,167         573,547   

Investment transactions in affiliates (Note 7)

     139,876         17,153         113,075         120,430         2,562   

In-kind redemptions

     3,213,244         2,737,034         1,155,306         36,301,894         2,976,031   

In-kind redemptions in affiliates (Note 7)

     1,148         3,986                 3,004           

Net realized gain

     3,436,325         2,785,788         1,502,736         37,234,495         3,552,140   

Net change in unrealized appreciation (depreciation)

     43,691,145         2,396,135         35,011,902         53,137,812         (2,310,119

Net realized and unrealized gain on investments

     47,127,470         5,181,923         36,514,638         90,372,307         1,242,021   

NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS

   $ 66,482,159       $ 6,203,028       $ 50,956,301       $ 114,044,500       $ 1,427,237   

 

See Notes to Financial Statements.

 

112   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Statements of Operations (unaudited) (continued)

WisdomTree Domestic Earnings and Dividend Funds

For the Six Months Ended September 30, 2014

 

  

 

 

     

WisdomTree

MidCap

Dividend Fund

    

WisdomTree

MidCap

Earnings Fund

    

WisdomTree

SmallCap

Dividend Fund

    

WisdomTree

SmallCap

Earnings Fund

    

WisdomTree

Total

Dividend Fund

 

INVESTMENT INCOME:

              

Dividends1

   $ 18,606,278       $ 4,439,484       $ 17,385,091       $ 2,934,638       $ 6,817,143   

Dividends from affiliates (Note 7)

     35,472         27,563         34,622         3,920         11,336   

Securities lending income (Note 2)

     729,108         355,995         615,200         355,820         86,358   

Total investment income

     19,370,858         4,823,042         18,034,913         3,294,378         6,914,837   

EXPENSES:

              

Advisory fees (Note 3)

     2,113,633         1,089,015         2,003,990         833,553         650,080   

Service fees (Note 2)

     24,474         12,610         23,204         9,652         10,216   

Proxy fees (Note 2)

     41,076         17,962         45,414         18,148         14,658   

Total expenses

     2,179,183         1,119,587         2,072,608         861,353         674,954   

Expense waivers (Note 3)

     (3,612      (2,646      (4,262      (1,424      (951

Net expenses

     2,175,571         1,116,941         2,068,346         859,929         674,003   

Net investment income

     17,195,287         3,706,101         15,966,567         2,434,449         6,240,834   

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

              

Net realized gain from:

              

Investment transactions

     4,805,683         3,139,304         3,302,162         1,424,420         521,148   

Investment transactions in affiliates (Note 7)

     155,403         329,807         120,550         101,924         34,674   

In-kind redemptions

     1,300,952         6,560,366         11,966,261         12,746,078           

In-kind redemptions in affiliates (Note 7)

     186         16,697         18,478         25,111           

Net realized gain

     6,262,224         10,046,174         15,407,451         14,297,533         555,822   

Net change in unrealized appreciation (depreciation)

     4,931,200         (19,966,001      (68,784,871      (42,342,985      16,349,101   

Net realized and unrealized gain (loss) on investments

     11,193,424         (9,919,827      (53,377,420      (28,045,452      16,904,923   

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

   $ 28,388,711       $ (6,213,726    $ (37,410,853    $ (25,611,003    $ 23,145,757   
1 

Net of foreign withholding tax of $0, $0, $0, $1,052 and $0, respectively.

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      113   


Table of Contents

Statements of Operations (unaudited) (concluded)

WisdomTree Domestic Earnings and Dividend Funds

For the Six Months Ended September 30, 2014

 

  

 

 

      WisdomTree
Total
Earnings Fund
     WisdomTree
U.S. Dividend
Growth Fund
     WisdomTree
U.S. SmallCap
Dividend
Growth Fund
 

INVESTMENT INCOME:

        

Dividends

   $ 821,622       $ 1,442,741       $ 290,074   

Securities lending income (Note 2)

     19,604         28,558         11,640   

Total investment income

     841,226         1,471,299         301,714   

EXPENSES:

        

Advisory fees (Note 3)

     112,028         167,612         47,828   

Service fees (Note 2)

     1,760         2,634         554   

Proxy fees (Note 2)

     2,065         4,600         1,233   

Total expenses

     115,853         174,846         49,615   

Net investment income

     725,373         1,296,453         252,099   

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

  

     

Net realized gain (loss) from:

        

Investment transactions

     169,986         76,565         (1,075

In-kind redemptions

     1,498,559                   

Net realized gain (loss)

     1,668,545         76,565         (1,075

Net change in unrealized appreciation (depreciation)

     1,029,911         4,983,384         (1,403,151

Net realized and unrealized gain (loss) on investments

     2,698,456         5,059,949         (1,404,226

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

   $ 3,423,829       $ 6,356,402       $ (1,152,127

 

See Notes to Financial Statements.

 

114   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Statements of Changes in Net Assets

WisdomTree Domestic Earnings and Dividend Funds

 

 

  

 

 

     WisdomTree
Dividend ex-Financials Fund
    WisdomTree
Earnings 500 Fund
    WisdomTree
Equity Income Fund
 
     For the
Six Months Ended
September 30, 2014
(unaudited)
   

For the
Year Ended

March 31, 2014

   

For the

Six Months Ended
September 30, 2014
(unaudited)

   

For the

Year Ended
March 31, 2014

   

For the

Six Months Ended
September 30, 2014
(unaudited)

   

For the

Year Ended
March 31, 2014

 

INCREASE IN NET ASSETS RESULTING FROM OPERATIONS:

   

         

Net investment income

  $ 19,354,689      $ 34,670,872      $ 1,021,105      $ 1,560,953      $ 14,441,663      $ 24,288,276   

Net realized gain on investments

    3,436,325        134,580,075        2,785,788        2,982,972        1,502,736        56,293,328   

Net change in unrealized appreciation on investments

    43,691,145        4,421,897        2,396,135        11,982,142        35,011,902        16,131,047   

Net increase in net assets resulting from operations

    66,482,159        173,672,844        6,203,028        16,526,067        50,956,301        96,712,651   

DIVIDENDS:

           

Net investment income

    (17,455,946     (34,107,009     (973,011     (1,541,118     (12,601,684     (24,043,110

CAPITAL SHARE TRANSACTIONS:

  

         

Net proceeds from sale of shares

    25,235,429        410,993,802        13,631,989        30,553,630        81,487,047        296,356,065   

Cost of shares redeemed

    (14,663,148     (517,547,568     (6,760,294     (9,541,453     (5,658,230     (211,015,650

Net increase (decrease) in net assets resulting from capital share transactions

    10,572,281        (106,553,766     6,871,695        21,012,177        75,828,817        85,340,415   

Net Increase in Net Assets

    59,598,494        33,012,069        12,101,712        35,997,126        114,183,434        158,009,956   

NET ASSETS:

           

Beginning of period

  $ 1,127,812,027      $ 1,094,799,958      $ 101,350,642      $ 65,353,516      $ 797,594,951      $ 639,584,995   

End of period

  $ 1,187,410,521      $ 1,127,812,027      $ 113,452,354      $ 101,350,642      $ 911,778,385      $ 797,594,951   

Undistributed net investment income included in net assets at end of period

  $ 2,462,606      $ 563,863      $ 87,534      $ 39,440      $ 2,085,145      $ 245,166   

SHARES CREATED AND REDEEMED:

  

         

Shares outstanding, beginning of period

    16,050,000        17,650,000        1,550,000        1,200,000        14,100,000        12,500,000   

Shares created

    350,000        6,150,000        200,000        500,000        1,400,000        5,500,000   

Shares redeemed

    (200,000     (7,750,000     (100,000     (150,000     (100,000     (3,900,000

Shares outstanding, end of period

    16,200,000        16,050,000        1,650,000        1,550,000        15,400,000        14,100,000   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      115   


Table of Contents

Statements of Changes in Net Assets (continued)

WisdomTree Domestic Earnings and Dividend Funds

 

 

  

 

 

     WisdomTree
LargeCap Dividend Fund
    WisdomTree
LargeCap Value Fund
    WisdomTree
MidCap Dividend Fund
 
     For the
Six Months Ended
September 30, 2014
(unaudited)
    For the
Year Ended
March 31, 2014
    For the
Six Months Ended
September 30, 2014
(unaudited)
   

For the

Year Ended
March 31, 2014

   

For the

Six Months Ended
September 30, 2014
(unaudited)

    For the
Year Ended
March 31, 2014
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

   

         

Net investment income

  $ 23,672,193      $ 44,197,980      $ 185,216      $ 298,265      $ 17,195,287      $ 20,319,199   

Net realized gain on investments

    37,234,495        79,991,054        3,552,140        2,727,371        6,262,224        67,709,866   

Net change in unrealized appreciation (depreciation) on investments

    53,137,812        148,011,024        (2,310,119     2,048,743        4,931,200        68,208,212   

Net increase (decrease) in net assets resulting from operations

    114,044,500        272,200,058        1,427,237        5,074,379        28,388,711        156,237,277   

DIVIDENDS:

           

Net investment income

    (21,859,015     (43,683,007     (186,003     (291,377     (13,109,390     (20,516,140

CAPITAL SHARE TRANSACTIONS:

  

         

Net proceeds from sale of shares

    40,873,814        395,758,079        17,435,834        2,899,364        121,932,184        503,244,191   

Cost of shares redeemed

    (118,811,659     (302,494,839     (17,515,873     (5,752,855     (3,969,148     (186,545,384

Net increase (decrease) in net assets resulting from capital share transactions

    (77,937,845     93,263,240        (80,039     (2,853,491     117,963,036        316,698,807   

Net Increase in Net Assets

    14,247,640        321,780,291        1,161,195        1,929,511        133,242,357        452,419,944   

NET ASSETS:

           

Beginning of period

  $ 1,821,885,960      $ 1,500,105,669      $ 26,357,196      $ 24,427,685      $ 993,147,587      $ 540,727,643   

End of period

  $ 1,836,133,600      $ 1,821,885,960      $ 27,518,391      $ 26,357,196      $ 1,126,389,944      $ 993,147,587   

Undistributed net investment income included in net assets at end of period

  $ 2,328,151      $ 514,973      $ 7,803      $ 8,590      $ 4,180,154      $ 94,257   

SHARES CREATED AND REDEEMED:

  

         

Shares outstanding, beginning of period

    26,950,000        25,450,000        450,000        500,000        12,900,000        8,300,000   

Shares created

    600,000        6,300,000        300,000        50,000        1,550,000        7,150,000   

Shares redeemed

    (1,700,000     (4,800,000     (300,000     (100,000     (50,000     (2,550,000

Shares outstanding, end of period

    25,850,000        26,950,000        450,000        450,000        14,400,000        12,900,000   

 

See Notes to Financial Statements.

 

116   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Statements of Changes in Net Assets (continued)

WisdomTree Domestic Earnings and Dividend Funds

 

 

  

 

 

     WisdomTree
MidCap Earnings Fund
    WisdomTree
SmallCap Dividend Fund
    WisdomTree
SmallCap Earnings Fund
 
     For the
Six Months Ended
September 30, 2014
(unaudited)
    For the
Year Ended
March 31, 2014
    For the
Six Months Ended
September 30, 2014
(unaudited)
   

For the
Year Ended

March 31, 2014

   

For the

Six Months Ended
September 30, 2014
(unaudited)

    For the
Year Ended
March 31, 2014
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

   

         

Net investment income

  $ 3,706,101      $ 4,200,972      $ 15,966,567      $ 25,128,721      $ 2,434,449      $ 2,907,203   

Net realized gain on investments

    10,046,174        36,409,202        15,407,451        90,988,744        14,297,533        45,759,953   

Net change in unrealized appreciation (depreciation) on investments

    (19,966,001     40,916,860        (68,784,871     60,998,846        (42,342,985     22,070,784   

Net increase (decrease) in net assets resulting from operations

    (6,213,726     81,527,034        (37,410,853     177,116,311        (25,611,003     70,737,940   

DIVIDENDS:

           

Net investment income

    (3,384,077     (4,021,507     (13,866,000     (23,354,614     (2,368,018     (2,900,663

CAPITAL SHARE TRANSACTIONS:

  

       

Net proceeds from sale of shares

    103,870,006        336,233,479        13,782,217        600,007,486        28,096,620        327,935,354   

Cost of shares redeemed

    (18,173,697     (110,699,237     (43,887,133     (244,794,543     (43,876,280     (136,888,576

Net increase (decrease) in net assets resulting from capital share transactions

    85,696,309        225,534,242        (30,104,916     355,212,943        (15,779,660     191,046,778   

Net Increase (Decrease) in Net Assets

    76,098,506        303,039,769        (81,381,769     508,974,640        (43,758,681     258,884,055   

NET ASSETS:

           

Beginning of period

  $ 514,682,468      $ 211,642,699      $ 1,062,525,379      $ 553,550,739      $ 439,571,063      $ 180,687,008   

End of period

  $ 590,780,974      $ 514,682,468      $ 981,143,610      $ 1,062,525,379      $ 395,812,382      $ 439,571,063   

Undistributed net investment income included in net assets at end of period

  $ 607,918      $ 285,894      $ 3,874,674      $ 1,774,107      $ 153,447      $ 87,016   

SHARES CREATED AND REDEEMED:

  

       

Shares outstanding, beginning of period

    5,800,000        3,000,000        15,550,000        9,700,000        5,400,000        2,850,000   

Shares created

    1,150,000        4,100,000        200,000        9,500,000        350,000        4,250,000   

Shares redeemed

    (200,000     (1,300,000     (650,000     (3,650,000     (550,000     (1,700,000

Shares outstanding, end of period

    6,750,000        5,800,000        15,100,000        15,550,000        5,200,000        5,400,000   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      117   


Table of Contents

Statements of Changes in Net Assets (continued)

WisdomTree Domestic Earnings and Dividend Funds

 

 

  

 

 

     WisdomTree
Total Dividend Fund
    WisdomTree
Total Earnings Fund
    WisdomTree
U.S. Dividend Growth Fund
 
    

For the

Six Months Ended
September 30, 2014
(unaudited)

   

For the

Year Ended
March 31, 2014

   

For the

Six Months Ended
September 30, 2014
(unaudited)

   

For the

Year Ended
March 31, 2014

    For the
Six Months Ended
September 30, 2014
(unaudited)
    For the Period
May 22, 2013*
through
March 31, 2014
 

INCREASE IN NET ASSETS RESULTING FROM OPERATIONS:

   

         

Net investment income

  $ 6,240,834      $ 9,634,825      $ 725,373      $ 1,085,874      $ 1,296,453      $ 1,127,369   

Net realized gain on investments

    555,822        13,208,775        1,668,545        2,189,435        76,565        1,942,703   

Net change in unrealized appreciation on investments

    16,349,101        37,963,223        1,029,911        9,270,484        4,983,384        6,371,948   

Net increase in net assets resulting from operations

    23,145,757        60,806,823        3,423,829        12,545,793        6,356,402        9,442,020   

DIVIDENDS AND DISTRIBUTIONS:

  

         

Net investment income

    (5,511,000     (9,428,544     (682,004     (1,072,580     (1,215,495     (1,038,746

Capital gains

                                       (6,237

Total dividends and distributions

    (5,511,000     (9,428,544     (682,004     (1,072,580     (1,215,495     (1,044,983

CAPITAL SHARE TRANSACTIONS:

  

         

Net proceeds from sale of shares

    78,591,973        105,020,893        24,912,390        12,963,067        23,048,584        111,446,892   

Cost of shares redeemed

           (33,082,009     (3,461,005     (6,590,806            (15,042,473

Net increase in net assets resulting from capital share transactions

    78,591,973        71,938,884        21,451,385        6,372,261        23,048,584        96,404,419   

Net Increase in Net Assets

    96,226,730        123,317,163        24,193,210        17,845,474        28,189,491        104,801,456   

NET ASSETS:

           

Beginning of period

  $ 419,954,786      $ 296,637,623      $ 71,174,368      $ 53,328,894      $ 104,801,556      $ 100   

End of period

  $ 516,181,516      $ 419,954,786      $ 95,367,578      $ 71,174,368      $ 132,991,047      $ 104,801,556   

Undistributed net investment income included in net assets at end of period

  $ 936,115      $ 206,281      $ 71,909      $ 28,540      $ 169,581      $ 88,623   

SHARES CREATED AND REDEEMED:

  

       

Shares outstanding, beginning of period

    6,150,000        5,000,000        1,050,000        950,000        3,750,000        4   

Shares created

    1,100,000        1,650,000        350,000        200,000        800,000        4,300,000   

Shares redeemed

           (500,000     (50,000     (100,000            (550,004

Shares outstanding, end of period

    7,250,000        6,150,000        1,350,000        1,050,000        4,550,000        3,750,000   
* Commencement of operations.

 

See Notes to Financial Statements.

 

118   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Statements of Changes in Net Assets (concluded)

WisdomTree Domestic Earnings and Dividend Funds

 

 

  

 

 

      WisdomTree
U.S. SmallCap Dividend Growth Fund
 
     

For the

Six Months Ended
September 30, 2014
(unaudited)

    

For the Period
July 25, 2013*
through

March 31, 2014

 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

     

Net investment income

   $ 252,099       $ 209,941   

Net realized gain (loss) on investments

     (1,075      1,003,327   

Net change in unrealized appreciation (depreciation) on investments

     (1,403,151      764,838   

Net increase (decrease) in net assets resulting from operations

     (1,152,127      1,978,106   

DIVIDENDS:

     

Net investment income

     (243,000      (171,649

CAPITAL SHARE TRANSACTIONS:

     

Net proceeds from sale of shares

     1,377,185         30,814,169   

Cost of shares redeemed

             (8,457,733

Net increase in net assets resulting from capital share transactions

     1,377,185         22,356,436   

Net Increase (Decrease) in Net Assets

     (17,942      24,162,893   

NET ASSETS:

     

Beginning of period

   $ 24,162,993       $ 100   

End of period

   $ 24,145,051       $ 24,162,993   

Undistributed net investment income included in net assets at end of period

   $ 47,391       $ 38,292   

SHARES CREATED AND REDEEMED:

     

Shares outstanding, beginning of period

     850,000         4   

Shares created

     50,000         1,150,000   

Shares redeemed

             (300,004

Shares outstanding, end of period

     900,000         850,000   
* 

Commencement of operations.

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      119   


Table of Contents

Financial Highlights

WisdomTree Domestic Earnings and Dividend Funds

 

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree Dividend ex-Financials
Fund
 

For the

Six Months Ended
September 30, 2014
(unaudited)

   

For the

Year Ended
March 31, 2014

   

For the

Year Ended
March 31, 2013

   

For the

Year Ended
March 31, 2012

    For the
Year Ended
March 31, 2011
    For the
Year Ended
March 31, 2010
 

Net asset value, beginning of period

  $ 70.27      $ 62.03      $ 54.81      $ 50.13      $ 42.76      $ 26.74   

Investment operations:

           

Net investment income1

    1.19        2.00        2.27        2.06        1.81        1.60   

Net realized and unrealized gain

    2.91        8.22        7.36        4.31        7.25        16.01   

Total from investment operations

    4.10        10.22        9.63        6.37        9.06        17.61   

Dividends to shareholders:

           

Net investment income

    (1.07     (1.98     (2.41     (1.69     (1.69     (1.59

Net asset value, end of period

  $ 73.30      $ 70.27      $ 62.03      $ 54.81      $ 50.13      $ 42.76   

TOTAL RETURN2

    5.85     16.75     18.18     12.99     21.68     66.66

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 1,187,411      $ 1,127,812      $ 1,094,800      $ 1,268,812      $ 343,382      $ 190,277   

Ratios to average net assets3 of:

           

Expenses, net of expense waivers

    0.39 %4,5      0.38     0.38     0.38     0.38     0.38

Expenses, prior to expense waivers

    0.39 %4,5      0.38     0.38     0.38     0.38     0.38

Net investment income

    3.27 %5      3.06     4.08     4.05     3.99     4.32

Portfolio turnover rate6

    1     35     34     38     5     57

 

             
WisdomTree Earnings 500 Fund  

For the

Six Months Ended
September 30, 2014
(unaudited)

   

For the

Year Ended
March 31, 2014

   

For the

Year Ended
March 31, 2013

   

For the

Year Ended
March 31, 2012

   

For the

Year Ended

March 31, 2011

   

For the

Year Ended
March 31, 2010

 

Net asset value, beginning of period

  $ 65.39      $ 54.46      $ 49.42      $ 45.59      $ 40.75      $ 27.77   

Investment operations:

           

Net investment income1

    0.64        1.14        1.04        0.88        0.77        0.68   

Net realized and unrealized gain

    3.34        10.88        5.10        3.84        4.84        12.98   

Total from investment operations

    3.98        12.02        6.14        4.72        5.61        13.66   

Dividends to shareholders:

           

Net investment income

    (0.61     (1.09     (1.10     (0.89     (0.77     (0.68

Net asset value, end of period

  $ 68.76      $ 65.39      $ 54.46      $ 49.42      $ 45.59      $ 40.75   

TOTAL RETURN2

    6.08     22.24     12.66     10.60     13.99     49.49

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 113,452      $ 101,351      $ 65,354      $ 69,187      $ 63,832      $ 77,422   

Ratios to average net assets3 of:

           

Expenses, net of expense waivers

    0.29 %4,5      0.28     0.28     0.28     0.28     0.28

Expenses, prior to expense waivers

    0.29 %4,5      0.28     0.28     0.28     0.28     0.28

Net investment income

    1.88 %5      1.89     2.12     1.98     1.87     1.95

Portfolio turnover rate6

    1     15     13     16     12     21
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. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Notes 2 and 3).

 

3 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

4 

Included in the expense ratio are non-recurring proxy expenses that were incurred during the period (which are not annualized). Without these proxy expenses, the expense ratio (net of expense waivers) would have been 0.38% and 0.28%, and the expense ratio (prior to expense waivers) would have been 0.38% and 0.28%, for WisdomTree Dividend ex-Financials Fund and WisdomTree Earnings 500 Fund, respectively.

 

5 

Annualized.

 

6 

Portfolio turnover rate is not annualized 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 portfolio turnover calculation.

 

See Notes to Financial Statements.

 

120   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Financial Highlights (continued)

WisdomTree Domestic Earnings and Dividend Funds

 

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree Equity Income Fund  

For the

Six Months Ended
September 30, 2014
(unaudited)

   

For the

Year Ended
March 31, 2014

   

For the

Year Ended
March 31, 2013

   

For the

Year Ended
March 31, 2012

   

For the

Year Ended
March 31, 2011

   

For the

Year Ended
March 31, 2010

 

Net asset value, beginning of period

  $ 56.57      $ 51.17      $ 44.81      $ 40.52      $ 35.12      $ 22.98   

Investment operations:

           

Net investment income1

    0.97        1.77        1.82        1.66        1.61        1.17   

Net realized and unrealized gain

    2.52        5.37        6.40        4.15        5.33        12.16   

Total from investment operations

    3.49        7.14        8.22        5.81        6.94        13.33   

Dividends to shareholders:

           

Net investment income

    (0.85     (1.74     (1.86     (1.52     (1.54     (1.19

Net asset value, end of period

  $ 59.21      $ 56.57      $ 51.17      $ 44.81      $ 40.52      $ 35.12   

TOTAL RETURN2

    6.18     14.24     18.83     14.66     20.24     58.47

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 911,778      $ 797,595      $ 639,585      $ 427,918      $ 178,273      $ 122,907   

Ratios to average net assets3 of:

           

Expenses, net of expense waivers

    0.39 %4,5      0.38     0.38     0.38     0.38     0.38

Expenses, prior to expense waivers

    0.39 %4,5      0.38     0.38     0.38     0.38     0.38

Net investment income

    3.32 %5      3.31     3.91     3.99     4.25     3.72

Portfolio turnover rate6

    1     30     28     22     8     25

 

             
WisdomTree LargeCap Dividend
Fund
 

For the

Six Months Ended
September 30, 2014
(unaudited)

   

For the

Year Ended
March 31, 2014

   

For the

Year Ended
March 31, 2013

   

For the

Year Ended
March 31, 2012

   

For the

Year Ended
March 31, 2011

   

For the

Year Ended
March 31, 2010

 

Net asset value, beginning of period

  $ 67.60      $ 58.94      $ 52.98      $ 48.31      $ 42.56      $ 29.86   

Investment operations:

           

Net investment income1

    0.90        1.65        1.61        1.45        1.33        1.10   

Net realized and unrealized gain

    3.36        8.64        6.00        4.59        5.68        12.69   

Total from investment operations

    4.26        10.29        7.61        6.04        7.01        13.79   

Dividends to shareholders:

           

Net investment income

    (0.83     (1.63     (1.65     (1.37     (1.26     (1.09

Net asset value, end of period

  $ 71.03      $ 67.60      $ 58.94      $ 52.98      $ 48.31      $ 42.56   

TOTAL RETURN2

    6.31     17.70     14.69     12.82     16.83     46.53

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 1,836,134      $ 1,821,886      $ 1,500,106      $ 1,205,215      $ 611,094      $ 412,809   

Ratios to average net assets3 of:

           

Expenses, net of expense waivers

    0.29 %4,5      0.28     0.28     0.28     0.28     0.28

Expenses, prior to expense waivers

    0.29 %4,5      0.28     0.28     0.28     0.28     0.28

Net investment income

    2.55 %5      2.62     2.97     3.02     3.04     2.89

Portfolio turnover rate6

    1     11     14     14     5     17
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. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Notes 2 and 3).

 

3 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

4 

Included in the expense ratio are non-recurring proxy expenses that were incurred during the period (which are not annualized). Without these proxy expenses, the expense ratio (net of expense waivers) would have been 0.38% and 0.28%, and the expense ratio (prior to expense waivers) would have been 0.38% and 0.28%, for WisdomTree Equity Income Fund and WisdomTree LargeCap Dividend Fund, respectively.

 

5 

Annualized.

 

6 

Portfolio turnover rate is not annualized 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 portfolio turnover calculation.

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      121   


Table of Contents

Financial Highlights (continued)

WisdomTree Domestic Earnings and Dividend Funds

 

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree LargeCap Value Fund  

For the

Six Months Ended
September 30, 2014
(unaudited)

   

For the

Year Ended
March 31, 2014

   

For the

Year Ended
March 31, 2013

   

For the

Year Ended
March 31, 2012

   

For the

Year Ended
March 31, 2011

   

For the

Year Ended
March 31, 2010*

 

Net asset value, beginning of period

  $ 58.57      $ 48.86      $ 44.31      $ 43.02      $ 37.01      $ 24.24   

Investment operations:

           

Net investment income1

    0.41        0.61        1.02        0.75        0.49        0.65   

Net realized and unrealized gain

    2.58        9.70        4.56        1.26        6.04        12.75   

Total from investment operations

    2.99        10.31        5.58        2.01        6.53        13.40   

Dividends to shareholders:

           

Net investment income

    (0.41     (0.60     (1.03     (0.72     (0.52     (0.63

Net asset value, end of period

  $ 61.15      $ 58.57      $ 48.86      $ 44.31      $ 43.02      $ 37.01   

TOTAL RETURN2

    5.10     21.20     12.81     4.83     17.86     55.57

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 27,518      $ 26,357      $ 24,428      $ 31,015      $ 25,812      $ 35,164   

Ratios to average net assets3 of:

           

Expenses, net of expense waivers

    0.39 %4,5      0.38     0.38     0.38     0.38     0.38

Expenses, prior to expense waivers

    0.39 %4,5      0.38     0.38     0.38     0.38     0.38

Net investment income

    1.35 %5      1.14     2.26     1.84     1.33     2.01

Portfolio turnover rate6

    62     67     65     62     6     71

 

             
WisdomTree MidCap Dividend Fund  

For the

Six Months Ended
September 30, 2014
(unaudited)

   

For the

Year Ended
March 31, 2014

   

For the

Year Ended
March 31, 2013

   

For the

Year Ended
March 31, 2012

   

For the

Year Ended
March 31, 2011

   

For the

Year Ended
March 31, 2010

 

Net asset value, beginning of period

  $ 76.99      $ 65.15      $ 56.25      $ 54.01      $ 46.08      $ 26.80   

Investment operations:

           

Net investment income1

    1.23        1.83        1.99        1.47        1.53        1.29   

Net realized and unrealized gain

    0.93        11.82        8.91        2.17        7.79        19.22   

Total from investment operations

    2.16        13.65        10.90        3.64        9.32        20.51   

Dividends to shareholders:

           

Net investment income

    (0.93     (1.81     (2.00     (1.40     (1.39     (1.23

Net asset value, end of period

  $ 78.22      $ 76.99      $ 65.15      $ 56.25      $ 54.01      $ 46.08   

TOTAL RETURN2

    2.79     21.24     19.96     6.99     20.60     77.34

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 1,126,390      $ 993,148      $ 540,728      $ 345,963      $ 256,552      $ 122,121   

Ratios to average net assets3 of:

           

Expenses, net of expense waivers

    0.39 %4,5      0.38     0.38     0.38     0.38     0.38

Expenses, prior to expense waivers

    0.39 %4,5      0.38     0.38     0.38     0.38     0.38

Net investment income

    3.09 %5      2.58     3.46     2.81     3.16     3.34

Portfolio turnover rate6

    2     32     33     29     10     11
* 

This information reflects the investment objective and strategy of WisdomTree Low P/E Fund through June 19, 2009 and the investment objective and strategy of the WisdomTree LargeCap Value Fund thereafter.

 

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. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Notes 2 and 3).

 

3 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

4 

Included in the expense ratio are non-recurring proxy expenses that were incurred during the period (which are not annualized). Without these proxy expenses, the expense ratio (net of expense waivers) would have been 0.38% and the expense ratio (prior to expense waivers) would have been 0.38% for both WisdomTree LargeCap Value Fund and WisdomTree MidCap Dividend Fund.

 

5 

Annualized.

 

6 

Portfolio turnover rate is not annualized 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 portfolio turnover calculation.

 

See Notes to Financial Statements.

 

122   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Financial Highlights (continued)

WisdomTree Domestic Earnings and Dividend Funds

 

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree MidCap Earnings Fund  

For the

Six Months Ended
September 30, 2014
(unaudited)

   

For the

Year Ended
March 31, 2014

   

For the

Year Ended
March 31, 2013

   

For the

Year Ended
March 31, 2012

   

For the

Year Ended
March 31, 2011

    For the
Year Ended
March 31, 2010
 

Net asset value, beginning of period

  $ 88.74      $ 70.55      $ 61.00      $ 58.75      $ 47.22      $ 26.19   

Investment operations:

           

Net investment income1

    0.58        1.00        1.09        0.62        0.73        0.61   

Net realized and unrealized gain (loss)

    (1.28     18.11        9.54        2.20        11.50        20.92   

Total from investment operations

    (0.70     19.11        10.63        2.82        12.23        21.53   

Dividends to shareholders:

           

Net investment income

    (0.52     (0.92     (1.08     (0.57     (0.70     (0.50

Net asset value, end of period

  $ 87.52      $ 88.74      $ 70.55      $ 61.00      $ 58.75      $ 47.22   

TOTAL RETURN2

    (0.81 )%      27.26     17.75     4.92     26.15     82.49

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 590,781      $ 514,682      $ 211,643      $ 158,596      $ 105,745      $ 54,306   

Ratios to average net assets3 of:

           

Expenses, net of expense waivers

    0.39 %4,5      0.38     0.38     0.38     0.38     0.38

Expenses, prior to expense waivers

    0.39 %4,5      0.38     0.38     0.38     0.38     0.38

Net investment income

    1.29 %5      1.24     1.80     1.11     1.45     1.54

Portfolio turnover rate6

    2     41     39     38     18     19

 

             
WisdomTree SmallCap Dividend
Fund
 

For the

Six Months Ended
September 30, 2014
(unaudited)

   

For the

Year Ended
March 31, 2014

   

For the

Year Ended
March 31, 2013

   

For the

Year Ended
March 31, 2012

   

For the

Year Ended
March 31, 2011

   

For the

Year Ended
March 31, 2010

 

Net asset value, beginning of period

  $ 68.33      $ 57.07      $ 49.03      $ 48.66      $ 42.39      $ 24.06   

Investment operations:

           

Net investment income1

    1.03        1.85        1.87        1.68        1.72        1.49   

Net realized and unrealized gain (loss)

    (3.48     11.10        8.14        0.34        6.14        18.28   

Total from investment operations

    (2.45     12.95        10.01        2.02        7.86        19.77   

Dividends to shareholders:

           

Net investment income

    (0.90     (1.69     (1.97     (1.65     (1.59     (1.44

Net asset value, end of period

  $ 64.98      $ 68.33      $ 57.07      $ 49.03      $ 48.66      $ 42.39   

TOTAL RETURN2

    (3.64 )%      22.99     21.06     4.50     18.96     83.27

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 981,144      $ 1,062,525      $ 553,551      $ 313,791      $ 248,171      $ 154,724   

Ratios to average net assets3 of:

           

Expenses, net of expense waivers

    0.39 %4,5      0.38     0.38     0.38     0.38     0.38

Expenses, prior to expense waivers

    0.39 %4,5      0.38     0.38     0.38     0.38     0.38

Net investment income

    3.03 %5      2.93     3.71     3.69     3.86     4.21

Portfolio turnover rate6

    2     42     49     31     11     16
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. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Notes 2 and 3).

 

3 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

4 

Included in the expense ratio are non-recurring proxy expenses that were incurred during the period (which are not annualized). Without these proxy expenses, the expense ratio (net of expense waivers) would have been 0.38% and the expense ratio (prior to expense waivers) would have been 0.38% for both WisdomTree MidCap Earnings Fund and WisdomTree SmallCap Dividend Fund.

 

5 

Annualized.

 

6 

Portfolio turnover rate is not annualized 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 portfolio turnover calculation.

 

See Notes to Financial Statements.

 

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Table of Contents

Financial Highlights (continued)

WisdomTree Domestic Earnings and Dividend Funds

 

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree SmallCap Earnings
Fund
 

For the

Six Months Ended
September 30, 2014
(unaudited)

   

For the

Year Ended
March 31, 2014

   

For the

Year Ended
March 31, 2013

   

For the

Year Ended
March 31, 2012

   

For the

Year Ended
March 31, 2011

    For the
Year Ended
March 31, 2010
 

Net asset value, beginning of period

  $ 81.40      $ 63.40      $ 56.59      $ 54.97      $ 44.33      $ 23.25   

Investment operations:

           

Net investment income1

    0.45        0.73        1.03        0.74        0.65        0.37   

Net realized and unrealized gain (loss)

    (5.29     17.95        6.86        1.59        10.60        20.96   

Total from investment operations

    (4.84     18.68        7.89        2.33        11.25        21.33   

Dividends to shareholders:

           

Net investment income

    (0.44     (0.68     (1.08     (0.71     (0.61     (0.25

Net asset value, end of period

  $ 76.12      $ 81.40      $ 63.40      $ 56.59      $ 54.97      $ 44.33   

TOTAL RETURN2

    (5.97 )%      29.55     14.20     4.39     25.57     91.88

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 395,812      $ 439,571      $ 180,687      $ 147,127      $ 134,672      $ 95,306   

Ratios to average net assets3 of:

           

Expenses, net of expense waivers

    0.39 %4,5      0.38     0.38     0.38     0.38     0.38

Expenses, prior to expense waivers

    0.39 %4,5      0.38     0.38     0.38     0.38     0.38

Net investment income

    1.11 %5      0.98     1.83     1.43     1.37     0.97

Portfolio turnover rate6

    2     61     50     41     19     16

 

             
WisdomTree Total Dividend Fund  

For the

Six Months Ended
September 30, 2014
(unaudited)

   

For the

Year Ended
March 31, 2014

   

For the

Year Ended
March 31, 2013

   

For the

Year Ended
March 31, 2012

   

For the

Year Ended
March 31, 2011

   

For the

Year Ended
March 31, 2010

 

Net asset value, beginning of period

  $ 68.29      $ 59.33      $ 53.04      $ 48.84      $ 42.89      $ 29.26   

Investment operations:

           

Net investment income1

    0.95        1.68        1.65        1.47        1.37        1.14   

Net realized and unrealized gain

    2.80        8.91        6.32        4.15        5.92        13.61   

Total from investment operations

    3.75        10.59        7.97        5.62        7.29        14.75   

Dividends to shareholders:

           

Net investment income

    (0.84     (1.63     (1.68     (1.42     (1.34     (1.12

Net asset value, end of period

  $ 71.20      $ 68.29      $ 59.33      $ 53.04      $ 48.84      $ 42.89   

TOTAL RETURN2

    5.50     18.10     15.39     11.81     17.37     50.83

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 516,182      $ 419,955      $ 296,638      $ 243,985      $ 170,948      $ 132,971   

Ratios to average net assets3 of:

           

Expenses, net of expense waivers

    0.29 %4,5      0.28     0.28     0.28     0.28     0.28

Expenses, prior to expense waivers

    0.29 %4,5      0.28     0.28     0.28     0.28     0.28

Net investment income

    2.69 %5      2.65     3.05     3.03     3.10     3.01

Portfolio turnover rate6

    1     12     13     15     6     16
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. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Notes 2 and 3).

 

3 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

4 

Included in the expense ratio are non-recurring proxy expenses that were incurred during the period (which are not annualized). Without these proxy expenses, the expense ratio (net of expense waivers) would have been 0.38% and 0.28%, and the expense ratio (prior to expense waivers) would have been 0.38% and 0.28%, for WisdomTree SmallCap Earnings Fund and WisdomTree Total Dividend Fund, respectively.

 

5 

Annualized.

 

6 

Portfolio turnover rate is not annualized 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 portfolio turnover calculation.

 

See Notes to Financial Statements.

 

124   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Financial Highlights (continued)

WisdomTree Domestic Earnings and Dividend Funds

 

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree Total Earnings Fund  

For the

Six Months Ended
September 30, 2014
(unaudited)

    For the
Year Ended
March 31, 2014
    For the
Year Ended
March 31, 2013
    For the
Year Ended
March 31, 2012
    For the
Year Ended
March 31, 2011
    For the
Year Ended
March 31, 2010
 

Net asset value, beginning of period

  $ 67.79      $ 56.14      $ 50.62      $ 47.12      $ 41.56      $ 27.52   

Investment operations:

           

Net investment income1

    0.64        1.12        1.07        0.88        0.77        0.70   

Net realized and unrealized gain

    2.77        11.63        5.51        3.58        5.55        14.03   

Total from investment operations

    3.41        12.75        6.58        4.46        6.32        14.73   

Dividends to shareholders:

           

Net investment income

    (0.56     (1.10     (1.06     (0.96     (0.76     (0.69

Net asset value, end of period

  $ 70.64      $ 67.79      $ 56.14      $ 50.62      $ 47.12      $ 41.56   

TOTAL RETURN2

    5.02     22.89     13.23     9.74     15.44     53.82

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 95,368      $ 71,174      $ 53,329      $ 43,026      $ 54,193      $ 47,789   

Ratios to average net assets of:

           

Expenses, net of expense waivers

    0.29 %3,4      0.28     0.28     0.28     0.28     0.28

Expenses, prior to expense waivers

    0.29 %3,4      0.28     0.28     0.28     0.28     0.28

Net investment income

    1.81 %4      1.81     2.10     1.90     1.82     1.92

Portfolio turnover rate5

    1     13     13     12     9     16

 

     
WisdomTree U.S. Dividend Growth Fund   

For the

Six Months Ended
September 30, 2014
(unaudited)

    

For the Period
May 22, 2013*
through

March 31, 2014

 

Net asset value, beginning of period

   $ 27.95       $ 24.86   

Investment operations:

     

Net investment income1

     0.31         0.48   

Net realized and unrealized gain

     1.26         3.02   

Total from investment operations

     1.57         3.50   

Dividends and distributions to shareholders:

     

Net investment income

     (0.29      (0.41

Capital gains

             (0.00 )6 

Total dividends and distributions to shareholders

     (0.29      (0.41

Net asset value, end of period

   $ 29.23       $ 27.95   

TOTAL RETURN2

     5.62      14.19

RATIOS/SUPPLEMENTAL DATA:

     

Net assets, end of period (000’s omitted)

   $ 132,991       $ 104,802   

Ratios to average net assets of:

     

Expenses

     0.29 %4,7       0.28 %4 

Net investment income

     2.17 %4       2.11 %4 

Portfolio turnover rate5

     1      31
* 

Commencement of operations.

 

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. The total return would have been lower for the WisdomTree Total Earnings Fund if certain expenses had not been reimbursed/waived by the investment adviser (Notes 2 and 3).

 

3 

Included in the expense ratio are non-recurring proxy expenses that were incurred during the period (which are not annualized). Without these proxy expenses, the expense ratio (net of expense waivers) would have been 0.28% and the expense ratio (prior to expense waivers) would have been 0.28%.

 

4 

Annualized.

 

5

Portfolio turnover rate is not annualized 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 portfolio turnover calculation.

 

6 

Amount represents less than $0.005.

 

7 

Included in the expense ratio are non-recurring proxy expenses that were incurred during the period (which are not annualized). Without these proxy expenses, the annualized expense ratio would have been 0.28%.

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      125   


Table of Contents

Financial Highlights (concluded)

WisdomTree Domestic Earnings and Dividend Funds

 

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree U.S. SmallCap Dividend Growth Fund   

For the

Six Months Ended
September 30, 2014
(unaudited)

    

For the Period

July 25, 2013*
through

March 31, 2014

 

Net asset value, beginning of period

   $ 28.43       $ 25.02   

Investment operations:

     

Net investment income1

     0.28         0.34   

Net realized and unrealized gain (loss)

     (1.61      3.32   

Total from investment operations

     (1.33      3.66   

Dividends to shareholders:

     

Net investment income

     (0.27      (0.25

Net asset value, end of period

   $ 26.83       $ 28.43   

TOTAL RETURN2

     (4.71 )%       14.66

RATIOS/SUPPLEMENTAL DATA:

     

Net assets, end of period (000’s omitted)

   $ 24,145       $ 24,163   

Ratios to average net assets of:

     

Expenses

     0.39 %3,4       0.38 %4 

Net investment income

     2.00 %4       1.82 %4 

Portfolio turnover rate5

     1      71
* 

Commencement of operations.

 

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 

Included in the expense ratio are non-recurring proxy expenses that were incurred during the period (which are not annualized). Without these proxy expenses, the annualized expense ratio would have been 0.38%.

 

4 

Annualized.

 

5 

Portfolio turnover rate is not annualized 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 portfolio turnover calculation.

 

See Notes to Financial Statements.

 

126   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Notes to Financial Statements (unaudited)

 

1. ORGANIZATION

WisdomTree Trust (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Trust was established as a Delaware statutory trust on December 15, 2005. As of September 30, 2014, the Trust offered 69 investment funds (each a “Fund”, collectively, the “Funds”). In accordance with ASU 2013-08, each Fund qualifies as an investment company and is applying the accounting and reporting guidance for investment companies. These notes relate only to the Funds listed in the table below:

 

Fund   

Commencement

of Operations

 

WisdomTree Dividend ex-Financials Fund (“Dividend ex-Financials Fund”)

     June 16, 2006   

WisdomTree Earnings 500 Fund (“Earnings 500 Fund”)

     February 23, 2007   

WisdomTree Equity Income Fund (“Equity Income Fund”)

     June 16, 2006   

WisdomTree LargeCap Dividend Fund (“LargeCap Dividend Fund”)

     June 16, 2006   

WisdomTree LargeCap Value Fund (“LargeCap Value Fund”)

     February 23, 2007   

WisdomTree MidCap Dividend Fund (“MidCap Dividend Fund”)

     June 16, 2006   

WisdomTree MidCap Earnings Fund (“MidCap Earnings Fund”)

     February 23, 2007   

WisdomTree SmallCap Dividend Fund (“SmallCap Dividend Fund”)

     June 16, 2006   

WisdomTree SmallCap Earnings Fund (“SmallCap Earnings Fund”)

     February 23, 2007   

WisdomTree Total Dividend Fund (“Total Dividend Fund”)

     June 16, 2006   

WisdomTree Total Earnings Fund (“Total Earnings Fund”)

     February 23, 2007   

WisdomTree U.S. Dividend Growth Fund (“U.S. Dividend Growth Fund”)

     May 22, 2013   

WisdomTree U.S. SmallCap Dividend Growth Fund (“U.S. SmallCap Dividend Growth Fund”)

     July 25, 2013   

Each 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”). 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 mark of WisdomTree Investments and has been licensed for use by the Trust. Each Fund described herein is considered to be non-diversified.

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.

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 the national securities exchanges are open for trading as of the close of regular trading on the New York Stock Exchange, generally 4:00 p.m. New York time. NAV per share is calculated by dividing a Fund’s net assets by the number of Fund shares outstanding. Each Fund issues and redeems shares at NAV only in large blocks of shares known as creation units, which only certain institutions or large investors may purchase or redeem. Shares of each Fund are listed on a national securities exchange and trade at market prices. Most investors will buy and sell shares 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. 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 or system on which they are principally traded. Unlisted equity securities (including preferred stock) are valued at the last quoted sale price or, if no sale price is available, at the mean between the highest bid and lowest ask price. Short-term debt securities with remaining maturities of 60 days or less generally are valued on the basis of amortized cost which approximates fair value. Each Fund may invest in money market funds which are valued at their NAV per share and affiliated ETFs which are valued at their last sale or official closing price on the exchange on which they are principally traded.

 

WisdomTree Domestic Earnings and Dividend Funds      127   


Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

In certain instances, such as when reliable market valuations are not readily available or are not deemed to reflect current market values, a Fund’s investments will be fair valued in accordance with the Fund’s pricing policy. The Board of Trustees of the Trust 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 a national securities exchange, 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). Price movements in U.S. markets that are deemed to affect the value of foreign securities, or reflect changes to the value of such securities, also may cause securities to be fair valued. The Funds may rely on an independent fair value service in adjusting the valuations of foreign securities. 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 each Fund would receive upon selling an investment in an orderly transaction to an independent buyer in the principal or most advantageous market of the investment. 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 or which has been de-listed from its primary trading exchange; (iv) a security that is thinly traded; (v) a security in default or bankruptcy proceedings for which there is no current market quotation or market activity; (vi) a security affected by currency controls or restrictions; and (vii) a security affected by a significant event (e.g., an event that occurs after the close of the markets on 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, 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. Short-term investments having a maturity of 60 days or less are generally valued at amortized cost which approximates fair market value. These investments are categorized as Level 2 of the fair value hierarchy. 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 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 use inputs that are observed from actively quoted markets such as issuer

 

128   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

details, indices, credit risks/spreads, interest rates, yield curves, default and exchange rates. Derivative contracts that use 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 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, book values, 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 Pricing Committee meets at least on a monthly basis to review and discuss the appropriateness of such fair values using more current information such as, recent security news, recent market transactions, updated corporate action information and/or other macro or security specific events. Also, when observable inputs become available, the Pricing Committee conducts back testing of the methodologies used to value Level 3 financial instruments to substantiate the unobservable inputs used to value those investments. Such back testing includes comparing Level 3 investment values to observable inputs such as exchange-traded prices, transaction prices, and/or vendor prices.

The following is a summary of the fair valuations according to the inputs used as of September 30, 2014 in valuing each Fund’s assets:

 

Dividend ex-Financials Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 1,184,079,688       $       $   

Exchange-Traded Funds

     1,437,047                   

Investment of Cash Collateral for Securities Loaned

             125,220,957           

Total

   $ 1,185,516,735       $ 125,220,957       $   

 

Earnings 500 Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 113,206,842       $       $   

Exchange-Traded Fund

     110,395                   

Investment of Cash Collateral for Securities Loaned

             20,320,411           

Total

   $ 113,317,237       $ 20,320,411       $   

 

Equity Income Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 907,956,404       $       $   

Exchange-Traded Fund

     1,390,488                   

Investment of Cash Collateral for Securities Loaned

             72,856,039           

Total

   $ 909,346,892       $ 72,856,039       $   

 

LargeCap Dividend Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 1,832,569,984       $       $   

Exchange-Traded Fund

     341,393                   

Investment of Cash Collateral for Securities Loaned

             71,857,282           

Total

   $ 1,832,911,377       $ 71,857,282       $   

 

LargeCap Value Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 27,448,193       $       $   

Exchange-Traded Funds

     54,567                   

Investment of Cash Collateral for Securities Loaned

             7,047,195           

Total

   $ 27,502,760       $ 7,047,195       $   

 

WisdomTree Domestic Earnings and Dividend Funds      129   


Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

 

MidCap Dividend Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 1,120,253,429       $       $   

Exchange-Traded Fund

     2,145,847                   

Investment of Cash Collateral for Securities Loaned

             321,534,638           

Total

   $ 1,122,399,276       $ 321,534,638       $   

 

MidCap Earnings Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 589,335,501       $       $   

Exchange-Traded Fund

     792,378                   

Investment of Cash Collateral for Securities Loaned

             172,952,015           

Total

   $ 590,127,879       $ 172,952,015       $   

 

SmallCap Dividend Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 977,056,239       $       $   

Exchange-Traded Fund

     1,671,171                   

Investment of Cash Collateral for Securities Loaned

             295,449,542           

Total

   $ 978,727,410       $ 295,449,542       $   

 

SmallCap Earnings Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 395,042,332       $       $   

Exchange-Traded Fund

     449,204                   

Investment of Cash Collateral for Securities Loaned

             120,607,849           

Total

   $ 395,491,536       $ 120,607,849       $   

 

Total Dividend Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 513,641,514       $       $   

Exchange-Traded Fund

     1,494,020                   

Investment of Cash Collateral for Securities Loaned

             22,327,377           

Total

   $ 515,135,534       $ 22,327,377       $   

 

Total Earnings Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 95,252,068       $       $   

Investment of Cash Collateral for Securities Loaned

             24,214,802           

Total

   $ 95,252,068       $ 24,214,802       $   

 

U.S. Dividend Growth Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 132,806,130       $       $   

Investment of Cash Collateral for Securities Loaned

             19,911,574           

Total

   $ 132,806,130       $ 19,911,574       $   

 

U.S. SmallCap Dividend Growth Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 24,110,784       $       $   

Investment of Cash Collateral for Securities Loaned

             7,334,647           

Total

   $ 24,110,784       $ 7,334,647       $   
  * Please refer to Schedule of Investments for a breakdown of the valuation by industry.

There were no Level 3 securities at or during the six months ended September 30, 2014.

 

130   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

There were no transfers into or out of any fair value measurement levels during the six months ended September 30, 2014.

The Funds have elected to use the beginning of period method for transfers between fair value measurement levels.

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 of gains and losses on derivative instruments, and disclosures about credit-risk-related contingent features in derivative agreements. The Funds did not invest in derivative instruments during the six months ended September 30, 2014.

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 is recognized on the ex-dividend date. Interest income is accrued daily. The value of additional securities received as dividend payments is recorded as income and as an increase to the cost basis of such securities.

Expenses — Under the Investment Advisory Agreement for each Fund, except U.S. Dividend Growth Fund and U.S. SmallCap Dividend Growth Fund, WTAM has agreed to pay all expenses of the Trust, except for: (i) brokerage expenses and other expenses (such as stamp taxes) connected with the execution of portfolio transactions or in connection with creation and redemption transactions; (ii) legal fees or expenses in connection with any arbitration, litigation or pending or threatened arbitration or litigation, including any settlements in connection therewith; (iii) compensation and expenses of trustees who are not interested persons of the Funds (“Independent Trustees”); (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s Chief Compliance Officer (“CCO”); (vi) extraordinary expenses; (vii) distribution fees and expenses paid by the Trust under any distribution plan adopted pursuant to Rule 12b-1 under the 1940 Act; and (viii) the advisory fee payable to WTAM.

Under the investment advisory agreement for U.S. Dividend Growth Fund and U.S. SmallCap Dividend Growth 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 partition or repatriation of any security or other asset, related to the execution of portfolio transactions or any creation or redemption transactions); (ii) legal fees or expenses in connection with any arbitration, litigation or pending or threatened arbitration or litigation, including any settlements in connection therewith; (iii) compensation and expenses of each Independent Trustee; (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s CCO; (vi) extraordinary expenses (in each case as determined by a majority of the Independent Trustees); (vii) distribution fees and expenses paid by the Trust under any distribution plan adopted pursuant to Rule 12b-1 under the 1940 Act; (viii) interest and taxes of any kind or nature (including, but not limited to, income, excise, transfer and withholding taxes); (ix) fees and expenses related to the provision of securities lending services; and (x) the advisory fee payable to WTAM.

The internal expenses of pooled investment vehicles in which the Fund may invest (acquired fund fees and expenses) are not expenses of the Fund and are not paid by WTAM.

During the six months ended September 30, 2014, the Trust incurred expenses pertaining to proxy printing, mailing and solicitation. These proxy expenses are not paid by WTAM. During the period, each Fund in the Trust borne its pro rate allocation of these proxy expenses.

Pursuant to a separate contractual arrangement, WTAM arranges for the provision of CCO services with respect to each Fund, and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees. WTAM receives a fee, as shown on the Statements of Operations under “Service fees”, of up to 0.0044% of each Fund’s average daily net assets for providing such services and paying such expenses. WTAM provides CCO services to the Trust.

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 high-grade debt obligations, 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 value of the investment of cash collateral for securities on loan along with the obligation to return such collateral are included on the Statements of Assets and Liabilities. The value of securities received as collateral for securities on loan are not included on the Statements of Assets and Liabilities because the receiving Fund does not have the right to sell or repledge the securities received as collateral. Each Fund receives compensation for lending its securities from interest or dividends earned on the cash or U.S. government securities held as collateral, net of fee rebates paid to the borrower plus reasonable administrative and custody fees. The 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. 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

 

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Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

and are subject to taxation at the shareholder’s ordinary income tax rate instead of the lower long-term capital gains tax rate. The borrower pays to the Funds an amount equal to any dividends or interest received on loaned securities. The Funds retain all or a portion of the interest received on investment of cash collateral or receive a fee from the borrower. Lending portfolio securities could result in a loss or delay in recovering each Fund’s securities if the borrower defaults.

A Fund’s security lending activities are governed by a Securities Lending Authorization Agreement (“Lending Agreement”) between the Fund 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. As of September 30, 2014, the Funds had securities on loan. The value of the related collateral exceeded the value of the securities loaned at period end.

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.

Tax Information and Dividends and Distributions to Shareholders — It is each Fund’s policy to comply with all requirements of the Internal Revenue Code of 1986, as amended (the “Code”). Each Fund intends to qualify for and to elect treatment as a separate Regulated Investment Company (“RIC”) under Subchapter M of the Code. It is the policy of each Fund to pay out dividends, if any, to investors’ at least annually. 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 are 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 TRANSACTIONS

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 Capital Management Corporation (“MCM”) to provide sub-advisory services to the Funds. MCM is 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 generally 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 of up to 0.0044% of each Fund’s average daily net assets. WTAM expects to receive 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

 

Dividend ex-Financials Fund

     0.38

Earnings 500 Fund

     0.28

 

132   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

Fund   

Advisory

Fee Rate

 

Equity Income Fund

     0.38

LargeCap Dividend Fund

     0.28

LargeCap Value Fund

     0.38

MidCap Dividend Fund

     0.38

MidCap Earnings Fund

     0.38

SmallCap Dividend Fund

     0.38

SmallCap Earnings Fund

     0.38

Total Dividend Fund

     0.28

Total Earnings Fund

     0.28

U.S. Dividend Growth Fund

     0.28

U.S. SmallCap Dividend Growth Fund

     0.38

Each Fund may purchase shares of affiliated exchanged-traded funds (“ETF”) in secondary market transactions. For the six months ended September 30, 2014, WTAM waived its advisory fees for each Fund’s investment associated with daily uninvested cash in correlated affiliated ETFs net of any incremental costs as a result of these transactions (fund accounting, safekeeping, transaction fees, etc.) that are paid by WTAM out of the advisory fee received from the affiliated ETFs. The table below indicates the waiver. Please see Note 7 for additional information on Other Affiliated Parties and Transactions.

 

Fund    Advisory
Fees Waived
 

Dividend ex-Financials Fund

   $ 3,505   

Earnings 500 Fund

     153   

Equity Income Fund

     1,597   

LargeCap Dividend Fund

     1,951   

LargeCap Value Fund

     62   

MidCap Dividend Fund

     3,612   

MidCap Earnings Fund

     2,646   

SmallCap Dividend Fund

     4,262   

SmallCap Earnings Fund

     1,424   

Total Dividend Fund

     951   

Total Earnings Fund

       

U.S. Dividend Growth Fund

       

U.S. SmallCap Dividend Growth Fund

       

4. CAPITAL SHARE TRANSACTIONS

As of September 30, 2014, 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 designated portfolio of equity securities constituting a portfolio sampling representation of the securities included in the relevant Fund’s underlying Index and an amount of cash. Investors purchasing and redeeming creation units may be charged a purchase transaction fee and a redemption transaction fee to offset transfer and other transaction costs associated with the issuance and redemption of creation units.

5. INVESTMENT PORTFOLIO TRANSACTIONS

Purchases and sales of investments (excluding in-kind capital share transactions and short-term investments) for the six months ended September 30, 2014 were as follows:

 

Fund    Purchases      Sales  

Dividend ex-Financials Fund

   $ 12,856,026       $ 11,419,915   

Earnings 500 Fund

     921,102         900,163   

Equity Income Fund

     7,898,235         6,394,414   

LargeCap Dividend Fund

     17,039,092         15,401,410   

 

WisdomTree Domestic Earnings and Dividend Funds      133   


Table of Contents

Notes to Financial Statements (unaudited) (continued)

 

Fund    Purchases      Sales  

LargeCap Value Fund

   $ 16,931,759       $ 18,851,633   

MidCap Dividend Fund

     25,093,696         19,282,657   

MidCap Earnings Fund

     13,934,768         11,502,114   

SmallCap Dividend Fund

     23,664,553         20,765,341   

SmallCap Earnings Fund

     8,419,385         7,552,452   

Total Dividend Fund

     4,816,338         4,070,408   

Total Earnings Fund

     839,638         734,357   

U.S. Dividend Growth Fund

     999,669         852,596   

U.S. SmallCap Dividend Growth Fund

     148,090         122,994   

For the six months ended September 30, 2014, the cost of purchases and the proceeds from sales resulting from in-kind capital share transactions were as follows:

 

Fund    Purchases      Sales  

Dividend ex-Financials Fund

   $ 25,176,485       $ 14,624,149   

Earnings 500 Fund

     13,615,253         6,743,076   

Equity Income Fund

     81,377,965         5,653,844   

LargeCap Dividend Fund

     40,839,554         118,652,436   

LargeCap Value Fund

     17,404,948         15,532,623   

MidCap Dividend Fund

     121,767,982         3,959,730   

MidCap Earnings Fund

     103,161,507         18,025,244   

SmallCap Dividend Fund

     13,742,748         43,746,975   

SmallCap Earnings Fund

     27,955,828         44,730,673   

Total Dividend Fund

     78,484,821           

Total Earnings Fund

     24,831,025         3,451,165   

U.S. Dividend Growth Fund

     23,018,195           

U.S. SmallCap Dividend Growth Fund

     1,374,644           

Realized gains and losses on in-kind redemptions are not recognized by the Funds for tax purposes.

6. FEDERAL INCOME TAXES

At September 30, 2014, the cost of investments (including securities on loan) for Federal income tax purposes was as follows:

 

Fund    Tax Cost      Gross
Unrealized
Appreciation
     Gross
Unrealized
Depreciation
     Net Unrealized
Appreciation/
(Depreciation)
 

Dividend ex-Financials Fund

   $ 1,142,530,038       $ 210,551,432       $ (42,343,778    $ 168,207,654   

Earnings 500 Fund

     108,639,835         26,141,137         (1,143,324      24,997,813   

Equity Income Fund

     850,512,403         149,167,866         (17,477,338      131,690,528   

LargeCap Dividend Fund

     1,546,260,132         376,370,036         (17,861,509      358,508,527   

LargeCap Value Fund

     31,014,590         3,934,340         (398,975      3,535,365   

MidCap Dividend Fund

     1,295,097,400         181,267,249         (32,430,735      148,836,514   

MidCap Earnings Fund

     709,188,328         73,550,977         (19,659,411      53,891,566   

SmallCap Dividend Fund

     1,217,164,573         114,866,168         (57,853,789      57,012,379   

SmallCap Earnings Fund

     514,445,150         39,714,523         (38,060,288      1,654,235   

Total Dividend Fund

     422,568,153         120,919,308         (6,024,550      114,894,758   

Total Earnings Fund

     99,526,179         20,904,984         (964,293      19,940,691   

U.S. Dividend Growth Fund

     141,705,066         13,052,009         (2,039,371      11,012,638   

U.S. SmallCap Dividend Growth Fund

     32,265,099         1,536,219         (2,355,887      (819,668

 

134   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Notes to Financial Statements (unaudited) (concluded)

 

7. OTHER AFFILIATED PARTIES AND TRANSACTIONS

Affiliated holdings are funds which are managed by or an affiliate of WTAM. Transactions with affiliated funds during the six months ended September 30, 2014 are as follows:

 

Fund    Value at
3/31/2014
     Purchases/
Additions
     Sales/
Reductions
     Value at
9/30/2014
     Dividend
Income
 

Dividend ex-Financials Fund

  

WisdomTree LargeCap Dividend Fund

   $ 1,237,251       $ 4,865,482       $ 5,453,024       $ 719,813       $ 18,091   

WisdomTree MidCap Dividend Fund

     1,241,709         4,851,703         5,405,954         717,234         17,818   

Total

   $ 2,478,960       $ 9,717,185       $ 10,858,978       $ 1,437,047       $ 35,909   

Earnings 500 Fund

  

WisdomTree Equity Income Fund

   $ 64,716       $ 840,177       $ 811,256       $ 110,395       $ 2,482   

Equity Income Fund

  

WisdomTree Total Dividend Fund

   $ 2,023,930       $ 4,512,930       $ 5,229,096       $ 1,390,488       $ 20,840   

LargeCap Dividend Fund

  

WisdomTree Total Dividend Fund

   $ 1,140,905       $ 10,096,615       $ 11,013,416       $ 341,393       $ 28,370   

LargeCap Value Fund

  

WisdomTree Earnings 500 Fund

   $ 30,480       $ 95,765       $ 90,906       $ 38,286       $ 360   

WisdomTree MidCap Earnings Fund

     13,064         40,971         37,921         16,281         101   

Total

   $ 43,544       $ 136,736       $ 128,827       $ 54,567       $ 461   

MidCap Dividend Fund

  

WisdomTree LargeCap Dividend Fund

   $ 1,814,035       $ 8,947,572       $ 8,766,060       $ 2,145,847       $ 35,472   

MidCap Earnings Fund

  

WisdomTree MidCap Dividend Fund

   $ 2,818,720       $ 496,186       $ 2,631,409       $ 792,378       $ 27,563   

SmallCap Dividend Fund

  

WisdomTree MidCap Dividend Fund

   $ 3,346,162       $ 3,563,389       $ 5,263,855       $ 1,671,171       $ 34,622   

SmallCap Earnings Fund

  

WisdomTree MidCap Earnings Fund

   $ 600,672       $ 1,153,276       $ 1,303,343       $ 449,204       $ 3,920   

Total Dividend Fund

  

WisdomTree Total Earnings Fund

   $ 1,007,099       $ 3,195,491       $ 2,746,904       $ 1,494,020       $ 11,336   

8. RECENT ACCOUNTING PRONOUNCEMENT

In June 2014, The FASB issued ASU 2014-11 Transfers & Servicing (Topic 860): Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures to improve the financial reporting of repurchase agreements and other similar transactions. The guidance includes expanded disclosure requirements for entities that enter into repurchase agreements or securities lending transactions. The guidance is effective for financial statements with fiscal years beginning on or after January 1, 2015, and interim periods within those fiscal years. Management is evaluating the impact, if any, of this guidance on the Trust’s financial statement disclosures.

 

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Table of Contents

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

 

Consideration of the Renewal of Investment Advisory and Sub-Investment Advisory Agreements with respect to WisdomTree Dividend ex-Financials Fund, WisdomTree Earnings 500 Fund, WisdomTree Equity Income Fund, WisdomTree LargeCap Dividend Fund, WisdomTree LargeCap Value Fund, WisdomTree MidCap Dividend Fund, WisdomTree MidCap Earnings Fund, WisdomTree SmallCap Dividend Fund, WisdomTree SmallCap Earnings Fund, WisdomTree Total Dividend Fund, WisdomTree Total Earnings Fund, WisdomTree U.S. Dividend Growth Fund, and the WisdomTree U.S. SmallCap Dividend Growth Fund (each, a “Fund” and together, the “Funds”)

At a meeting of the Board of Trustees of the WisdomTree Trust (the “Trust”) held on September 18-19, 2014, 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 renewal of the Investment Advisory Agreements between WisdomTree Asset Management (“WTAM”) and the Trust on behalf of the Funds, pursuant to which WTAM provides the Funds with investment advisory services (the “Advisory Agreements”) and the Sub-Investment Advisory Agreement (the “ Sub-Advisory Agreement”), pursuant to which Mellon Capital Management Corporation (“MCM” or “Sub-Adviser”) coordinates the investment and reinvestment of the assets of the Funds.

The Independent Trustees requested, and WTAM provided, such information as the Independent Trustees, with advice from independent legal counsel, deemed reasonably necessary to evaluate the Agreements. On March 20, 2014 and June 24, 2014, a committee of Independent Trustees (the “Contracts Review Committee”), with independent legal counsel, met with representatives from WTAM to discuss the types of information the Independent Trustees required and the manner in which fund management would organize and present such information. At a meeting held on August 8, 2014, representatives from WTAM presented preliminary information to the Board relating to the continuance of the Agreements, and the Board, including the Independent Trustees, reviewed and discussed such information. Further information was presented at the Board’s request at the meeting held on September 18-19, 2014.

The Trustees, a majority of whom are Independent Trustees, were assisted in their review by independent legal counsel and met with counsel in executive session separate from representatives of WTAM and the Sub-Adviser. In considering the renewal of the Agreements, the Board considered all factors that it believed to be relevant, including those discussed below. The Board did not identify any one factor as dispositive, and each Board member may have attributed different weights to the factors considered.

Analysis of Nature, Extent, and Quality of Services Provided to the Funds

The Board considered information provided to them at the meeting and in previous presentations throughout the year from WTAM representatives regarding the nature, extent, and quality of the services provided to the Funds, recognizing WTAM’s and the Sub-Adviser’s operational capabilities and resources. The Board also discussed WTAM’s role as index provider to the Funds. The Board also noted the extensive responsibilities that WTAM has as investment adviser to the Funds, including the selection of, and supervisory responsibilities and activities over, the Sub-Adviser, including oversight of the Sub-Adviser’s compliance with Fund policies and objectives, oversight of general Fund compliance with federal and state laws and the implementation of Board directives as they relate to the Funds. Based on management’s representations, the Board expected that there would be no reduction in the scope of services required by or provided by WTAM and the Sub-Adviser under the relevant Agreements. The Board noted that WTAM has continued to commit significant resources toward the fund complex. The Board also considered research support available to, and management capabilities of, the Funds’ management personnel and that WTAM provides oversight of day-to-day Fund operations, including fund accounting, administration 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 provided by WTAM and the Sub-Adviser under the Advisory Agreements and Sub-Advisory Agreement, respectively, supported the Board’s approval of the renewal of the Agreements.

Comparative Analysis of the Funds’ Performance and Management Fee and Expense Ratio

The Board reviewed reports prepared by Lipper, Inc. (“Lipper”), an independent provider of investment company data, which included information (1) measuring each Fund’s performance by how well it tracked the relevant WisdomTree benchmark index, and (2) comparing each Fund’s actual management fees and total expenses with those of a group of comparable funds (the “Expense Group”) and, with respect to total expenses, with a broader group of funds (the “Expense Universe”), the information for which was derived in part from fund financial statements available to Lipper as of the date of its analysis. The Contracts Review Committee and the Independent Trustees previously had reviewed and discussed the methodology Lipper used to select the Performance Groups, Expense Groups and Expense Universes. The Board noted that the Performance Groups, Expense Groups and Expense Universes included only pure-index exchange traded funds (“ETFs”) as comparison funds. The Board also noted that due to the special characteristics of certain funds, there are limitations in providing comparable funds in the Performance Groups, Expense Groups and Expense Universes, and the information in the Lipper reports may or may not provide meaningful direct comparisons to the Funds.

 

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Table of Contents

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

 

The Board discussed the Funds’ performance, noting that each Fund seeks to track its own WisdomTree benchmark index. During the prior year, the Board received periodic reports on the Funds’ performance in comparison to their relevant benchmark indexes. The Board determined to monitor carefully in the coming year disparities in performance — both positive and negative — but did not believe that the disparities in the past reflected any characteristics requiring immediate action by WTAM or the Sub-Adviser.

The Board also reviewed the range of actual management fees and total expenses of the Expense Group funds and, with respect to total expenses, Expense Universe funds, as well as the advisory fees and total expenses of certain funds not included in the Lipper reports that WTAM considers to be significant competitors of the Funds, and discussed the results of the comparisons. With respect to comparisons of actual management fees, the Board noted the Funds’ unitary fee structure and that the Expense Groups and Expense Universes included both ETFs with and without a unitary fee structure. The Board noted that the Funds’ actual management fees and total expenses generally were within 10 basis points of the actual management fees and total expenses of the Funds in their respective Expense Groups and Expense Universes. In those specific instances where a Fund’s actual management fees or total expenses departed more significantly from comparative funds, the Independent Trustees sought explanations from WTAM, which generally attributed the disparities to differences in assets under management, the unique history of a Fund or certain comparison funds and temporary fee waivers in place for marketing or other reasons.

The Board considered the fees to the Sub-Adviser in relation to the fees paid to WTAM by the Funds and the respective services provided by the Sub-Adviser and WTAM. The Board also noted that the Sub-Adviser’s fees are paid by WTAM (out of its fee from the relevant Funds) and not the Funds.

Based on this review and the other factors considered at the meeting, the Board concluded that, with respect to each Fund, the Fund’s performance, the fees paid to WTAM and the Sub-Adviser and the Fund’s total expenses supported the Board’s approval of the renewal of the relevant Agreements.

Analysis of Profitability and Economies of Scale

WTAM representatives reviewed the expenses allocated and profit received by WTAM and the resulting profitability percentage for managing each Fund and the aggregate profitability percentage to WTAM for managing the WisdomTree fund complex, and the method used to determine the expenses and profit.

The Board considered the profitability analysis (1) as part of its evaluation of whether the fees under the Agreements bear a reasonable relationship to the mix of services provided by WTAM and the Sub-Adviser, including the nature, extent and quality of such services, and (2) in light of the relevant circumstances for each Fund and the extent to which economies of scale would be realized if the Fund grows and whether fee levels reflect these economies of scale for the benefit of Fund shareholders. Since WTAM, and not the Funds, pays the Sub-Adviser pursuant to the Sub-Advisory Agreement, the Board did not consider the Sub-Adviser’s profitability to be relevant to its deliberations. WTAM representatives noted that a discussion of economies of scale is predicated on a Fund having achieved a substantial size and that, if a Fund’s assets had been decreasing, the possibility that WTAM may have realized any economies of scale would be less. WTAM representatives also noted that, as a result of shared and allocated costs among the WisdomTree funds, the extent of economies of scale could depend substantially on the level of assets in the fund complex as a whole. WTAM representatives also noted that economies of scale currently are shared with the Funds by way of the relatively low advisory fee rates and the unitary fee structure of the Trust. The Board noted that it would continue to monitor the sharing of economies of scale to determine the appropriateness of adding breakpoints in the future. The Board also considered potential benefits to WTAM and the Sub-Adviser from acting as investment adviser and sub-investment adviser, respectively, and noted that there were no soft dollar arrangements in effect for trading the Funds’ investments. Based on this review, the Board concluded that the profitability results were not unreasonable, given the services rendered and service levels provided by WTAM.

Conclusion

At the conclusion of these discussions, the Board agreed that it had been furnished with sufficient information to make an informed business decision with respect to the renewal of the Agreements. In evaluating the Agreements, the Board considered the conclusions and determinations discussed above and also relied on its previous knowledge, gained through meetings and other interactions with WTAM and the Sub-Adviser, of the Funds and the services provided to the Funds by WTAM and the Sub-Adviser. The Board also relied on information received on a routine and regular basis throughout the year relating to the operations of the Funds and the investment advisory and other services provided under the Agreements. The Board determined to renew the Agreements.

 

WisdomTree Domestic Earnings and Dividend Funds      137   


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General Information (unaudited)

 

Proxy Voting Policies, Procedures and Record

A complete copy of the Proxy Voting Policy may be obtained by calling 1-866-909-WISE (9473) or writing to: WisdomTree Trust, c/o ALPS Distributors, Inc., 1290 Broadway, Suite 1100, Denver, Colorado 80203.

The Trust is required to disclose annually the Funds’ complete proxy voting record on Form N-PX covering the most recent 12-month period ended June 30 and to file Form N-PX with the 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 are required to file their complete schedule of portfolio holdings with the SEC for their first and third fiscal quarters on Form N-Q. Copies of the filings are available, without charge, on the SEC’s website at www.sec.gov and are also available by calling the Trust at 1-866-909-WISE (9473). You can also obtain copies of Form N-Q by (i) visiting the SEC’s Public Reference Room in Washington, DC (information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330); (ii) sending your request and a duplicating fee to the SEC’s Public Reference Room, Washington, DC 20549-0102; or (iii) sending your request electronically to 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

 

138   WisdomTree Domestic Earnings and Dividend Funds


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The WisdomTree Family of Funds

The following is a list of WisdomTree Funds being offered, along with their respective ticker symbols, as of September 30, 2014:

 

WisdomTree Domestic Earnings and Dividend Funds

 

WisdomTree Dividend ex-Financials Fund (DTN)

 

WisdomTree Earnings 500 Fund (EPS)

 

WisdomTree Equity Income Fund (DHS)

 

WisdomTree LargeCap Dividend Fund (DLN)

 

WisdomTree LargeCap Value Fund (EZY)

 

WisdomTree MidCap Dividend Fund (DON)

 

WisdomTree MidCap Earnings Fund (EZM)

 

WisdomTree SmallCap Dividend Fund (DES)

 

WisdomTree SmallCap Earnings Fund (EES)

 

WisdomTree Total Dividend Fund (DTD)

 

WisdomTree Total Earnings Fund (EXT)

 

WisdomTree U.S. Dividend Growth Fund (DGRW)

 

WisdomTree U.S. SmallCap Dividend Growth Fund (DGRS)

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds

 

WisdomTree Australia Dividend Fund (AUSE)

 

WisdomTree DEFA Equity Income Fund (DTH)

 

WisdomTree DEFA Fund (DWM)

 

WisdomTree Europe Dividend Growth Fund (EUDG)

 

WisdomTree Europe Hedged Equity Fund (HEDJ)

 

WisdomTree Europe SmallCap Dividend Fund (DFE)

 

WisdomTree Germany Hedged Equity Fund (DXGE)

 

WisdomTree International Dividend ex-Financials Fund (DOO)

 

WisdomTree International Hedged Dividend Growth Fund (IHDG)

 

WisdomTree International LargeCap Dividend Fund (DOL)

 

WisdomTree International MidCap Dividend Fund (DIM)

 

WisdomTree International SmallCap Dividend Fund (DLS)

 

WisdomTree Japan Hedged Capital Goods Fund (DXJC)

 

WisdomTree Japan Hedged Equity Fund (DXJ)

 

WisdomTree Japan Hedged Financials Fund (DXJF)

 

WisdomTree Japan Hedged Health Care Fund (DXJH)

 

WisdomTree Japan Hedged Real Estate Fund (DXJR)

 

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

 

WisdomTree Japan Hedged Tech, Media and Telecom Fund (DXJT)

 

WisdomTree Japan SmallCap Dividend Fund (DFJ)

 

WisdomTree Korea Hedged Equity Fund (DXKW)

 

WisdomTree United Kingdom Hedged Equity Fund (DXPS)

  

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets

 

WisdomTree Asia Pacific ex-Japan Fund (AXJL)

 

WisdomTree China Dividend ex-Financials Fund (CHXF)

 

WisdomTree Commodity Country Equity Fund (CCXE)

 

WisdomTree Emerging Markets Consumer Growth Fund (EMCG)

 

WisdomTree Emerging Markets Dividend Growth Fund (DGRE)

 

WisdomTree Emerging Markets Equity Income Fund (DEM)

 

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

 

WisdomTree Global Equity Income Fund (DEW)

 

WisdomTree Global ex-U.S. Dividend Growth Fund (DNL)

 

WisdomTree Global ex-U.S. Real Estate Fund (DRW)

 

WisdomTree Global ex-U.S. Utilities Fund (DBU)

 

WisdomTree Global Natural Resources Fund (GNAT)

 

WisdomTree India Earnings Fund (EPI)

 

WisdomTree Middle East Dividend Fund (GULF)

 

WisdomTree Currency Strategy Funds

 

WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU)

 

WisdomTree Brazilian Real Strategy Fund (BZF)

 

WisdomTree Chinese Yuan Strategy Fund (CYB)

 

WisdomTree Commodity Currency Strategy Fund (CCX)

 

WisdomTree Emerging Currency Strategy Fund (CEW)

 

WisdomTree Indian Rupee Strategy Fund (ICN)

 

WisdomTree Fixed Income Funds

 

WisdomTree Asia Local Debt Fund (ALD)

 

WisdomTree Australia & New Zealand Debt Fund (AUNZ)

 

WisdomTree Barclays U.S. Aggregate Bond Negative Duration Fund (AGND)

 

WisdomTree Barclays U.S. Aggregate Bond Zero Duration Fund (AGZD)

 

WisdomTree Bloomberg Floating Rate Treasury Fund (USFR)

 

WisdomTree BofA Merrill Lynch High Yield Bond Negative Duration Fund (HYND)

 

WisdomTree BofA Merrill Lynch High Yield Bond Zero Duration Fund (HYZD)

 

WisdomTree Emerging Markets Corporate Bond Fund (EMCB)

 

WisdomTree Emerging Markets Local Debt Fund (ELD)

 

WisdomTree Euro Debt Fund (EU)

 

WisdomTree Japan Interest Rate Strategy Fund (JGBB)

 

WisdomTree Strategic Corporate Bond Fund (CRDT)

 

WisdomTree Alternative Funds

 

WisdomTree Global Real Return Fund (RRF)

 

WisdomTree Managed Futures Strategy Fund (WDTI)

 

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 ALPS Distributors, Inc., 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.


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Investors should consider the investment objectives, risks, charges and expenses of the Funds carefully before investing. A prospectus, containing this and other information, is available at www.wisdomtree.com, or by calling 1-866-909-WISE (9473). Investors should read the prospectus carefully before investing. There are risks associated with investing, including possible loss of principal. Past performance does not guarantee future results. Indexes are unmanaged and you cannot invest directly in an index.

There are risks associated with investing, including possible loss of principal. Funds focusing their investments on certain sectors and/or smaller companies increase their vulnerability to any single economic or regulatory development. This may result in greater share price volatility. 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.

Transactions in Fund shares will result in brokerage commissions and will generate tax consequences. Shares may be sold through brokerage accounts, but may be redeemed from the Funds only in large amounts of 50,000 shares or more.


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WisdomTree Trust

245 Park Avenue, 35th Floor

New York, NY 10167

 

LOGO

 

LOGO

 

WisdomTree Domestic Earnings and Dividend Funds

WisdomTree Dividend ex-Financials Fund (DTN)

WisdomTree Earnings 500 Fund (EPS)

WisdomTree Equity Income Fund (DHS)

WisdomTree LargeCap Dividend Fund (DLN)

WisdomTree LargeCap Value Fund (EZY)

WisdomTree MidCap Dividend Fund (DON)

WisdomTree MidCap Earnings Fund (EZM)

WisdomTree SmallCap Dividend Fund (DES)

WisdomTree SmallCap Earnings Fund (EES)

WisdomTree Total Dividend Fund (DTD)

WisdomTree Total Earnings Fund (EXT)

WisdomTree U.S. Dividend Growth Fund (DGRW)

WisdomTree U.S. SmallCap Dividend Growth Fund (DGRS)

WisdomTree Fund shares are distributed by ALPS Distributors, Inc.

WIS007036 11/2015


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Item 2. Code of Ethics.

Not applicable.

Item 3. Audit Committee Financial Expert.

Not applicable.

Item 4. Principal Accountant Fees and Services.

Not applicable.

Item 5. Audit Committee of Listed registrants.

Not applicable.

Item 6. 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.


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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 directors, 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 registrant’s second fiscal quarter of 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. Exhibits.

 

  (a)(1) Not applicable.

 

  (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.

 

  (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.


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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

(Registrant)   

WisdomTree Trust

  
By (Signature and Title)   

/s/ Jonathan L. Steinberg

  
   Jonathan L. Steinberg, President   
   (principal executive officer)   

Date: December 8, 2014

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 L. Steinberg

 
   Jonathan L. Steinberg, President  
   (principal executive officer)  
Date: December 8, 2014  
By (Signature and Title)   

/s/ David Castano

 
   David Castano, Treasurer  
   (principal financial officer)  

Date: December 8, 2014