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: March 31, 2016

 

 

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

 

Annual Report

March 31, 2016

WisdomTree Australia Dividend Fund (AUSE)

WisdomTree Europe Hedged Equity Fund (HEDJ)

WisdomTree Europe Hedged SmallCap Equity Fund (EUSC)

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

(formerly, WisdomTree Europe Dividend Growth Fund)

WisdomTree Europe SmallCap Dividend Fund (DFE)

WisdomTree Germany Hedged Equity Fund (DXGE)

WisdomTree Global ex-U.S. Hedged Dividend Fund (DXUS)

WisdomTree Global ex-U.S. Hedged Real Estate Fund (HDRW)

WisdomTree International Dividend ex-Financials Fund (DOO)

WisdomTree International Equity Fund (DWM)

(formerly, WisdomTree DEFA Fund)

WisdomTree International Hedged Equity Fund (HDWM)

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

(formerly, WisdomTree International Hedged Dividend Growth Fund)

WisdomTree International Hedged SmallCap Dividend Fund (HDLS)

WisdomTree International High Dividend Fund (DTH)

(formerly, WisdomTree DEFA Equity Income Fund)

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 Quality Dividend Growth Fund (JHDG)

(formerly, WisdomTree Japan Hedged Dividend Growth Fund)

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 Quality Dividend Growth Fund (JDG)

(formerly, WisdomTree Japan Dividend Growth Fund)

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

 

Management’s Discussion of Funds’ Performance (unaudited)

       1   

Performance Summaries (unaudited)

       4   

Description of Indexes (unaudited)

       33   

Shareholder Expense Examples (unaudited)

       38   
Schedules of Investments     

WisdomTree Australia Dividend Fund

       41   

WisdomTree Europe Hedged Equity Fund

       43   

WisdomTree Europe Hedged SmallCap Equity Fund

       46   

WisdomTree Europe Quality Dividend Growth Fund

       49   

WisdomTree Europe SmallCap Dividend Fund

       52   

WisdomTree Germany Hedged Equity Fund

       57   

WisdomTree Global ex-U.S. Hedged Dividend Fund

       59   

WisdomTree Global ex-U.S. Hedged Real Estate Fund

       68   

WisdomTree International Dividend ex-Financials Fund

       74   

WisdomTree International Equity Fund

       76   

WisdomTree International Hedged Equity Fund

       85   

WisdomTree International Hedged Quality Dividend Growth Fund

       95   

WisdomTree International Hedged SmallCap Dividend Fund

       100   

WisdomTree International High Dividend Fund

       102   

WisdomTree International LargeCap Dividend Fund

       107   

WisdomTree International MidCap Dividend Fund

       111   

WisdomTree International SmallCap Dividend Fund

       118   

WisdomTree Japan Hedged Capital Goods Fund

       128   

WisdomTree Japan Hedged Equity Fund

       130   

WisdomTree Japan Hedged Financials Fund

       135   

WisdomTree Japan Hedged Health Care Fund

       137   

WisdomTree Japan Hedged Quality Dividend Growth Fund

       139   

WisdomTree Japan Hedged Real Estate Fund

       143   

WisdomTree Japan Hedged SmallCap Equity Fund

       145   

WisdomTree Japan Hedged Tech, Media and Telecom Fund

       153   

WisdomTree Japan Quality Dividend Growth Fund

       155   

WisdomTree Japan SmallCap Dividend Fund

       159   

WisdomTree Korea Hedged Equity Fund

       166   

WisdomTree United Kingdom Hedged Equity Fund

       168   

Statements of Assets and Liabilities

       171   

Statements of Operations

       177   

Statements of Changes in Net Assets

       183   

Financial Highlights

       193   

Notes to Financial Statements

       208   

Report of Independent Registered Public Accounting Firm

       235   

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

       236   

Trustees and Officers Information (unaudited)

       241   

Supplemental Information (unaudited)

       243   

General Information (unaudited)

       245   

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


Table of Contents

Management’s Discussion of Funds’ Performance

(unaudited)

 

Market Environment Overview

The international equity markets, measured by the MSCI EAFE Index, a broad measure of equity performance for the developed world outside the U.S. and Canada, returned -8.27% in the 12-month period that ended March 31, 2016 (the “period”), which lagged the S&P 500 Index by 10.05%. Measured in local currency, the MSCI EAFE Index returned -11.17% over the period, lagging the return of the S&P 500 Index by 12.95%. It is important to note that when foreign currencies weaken or strengthen relative to the U.S. dollar, there is also an impact on the returns experienced by U.S. investors who invest overseas. Over the period, international equity markets experienced several central bank policy actions which lead to significant volatility in various currencies relative to the U.S. dollar. In particular, the British pound, Japanese yen, and euro (which account for about 75% of the MSCI EAFE Index’s currency exposure) all experienced volatility over the period. In the case of the euro and Japanese yen, the fluctuations were mostly attributable to central bank policy decisions. In the case of the British pound, speculation of Great Britain’s exit from the European Union or “Brexit” weighed on the currency late in the period.

Ultimately, international equities struggled to gain traction over the period as fears of recession in multiple domiciles continued to dominate equity performance. In the Eurozone, economic concerns over slumping growth figures and suppressed inflation led investors to pull money from the region throughout the period. The European Central Bank expanded its monetary easing with a focus on lending as a means of spurring growth in addition to increased asset purchasing programs. Similarly, Japan also experienced similar outflows as the Bank of Japan also expanded its monetary policy in an attempt to generate growth and inflation. Conversely, the United States Federal Reserve raised the federal funds rate by 25 basis points thus beginning a gradual tightening cycle and helping to make U.S. equities relatively attractive over the period.

In local currency terms, defensive sectors like Consumer Staples, Telecommunication Services, and Utilities were the best performing portions of the MSCI EAFE Index while the Financials and Materials sectors lagged most significantly over the period. The aforementioned defensive sectors benefited as investors sought safety in an otherwise volatile market environment. Financials and Materials sectors lagged due to concerns of slowing global growth and the bear market in commodities.

WisdomTree Funds’ Performance Overview

The following table reflects the WisdomTree Funds’ performance versus capitalization-weighted benchmark indexes:

 

Ticker   WisdomTree Fund   1-Year
NAV Return
  Performance Benchmark   1-Year
Return
       Difference

AUSE

  WisdomTree Australia Dividend Fund   -7.17%   MSCI Pacific ex-Japan Value/MSCI Australia Spliced Index     -10.82%         3.65%

HEDJ

  WisdomTree Europe Hedged Equity Fund   -13.85%   MSCI EAFE Local Currency/MSCI EMU Local Currency Spliced Index     -13.61%         -0.24%

EUSC

  WisdomTree Europe Hedged SmallCap Equity Fund   -3.79%   MSCI European Economic and Monetary Union (EMU) Small Cap Local Currency Index     -2.82%         -0.97%

EUDG

  WisdomTree Europe Quality Dividend Growth Fund   -1.83%   MSCI Europe Index     -8.44%         6.61%

DFE

  WisdomTree Europe SmallCap Dividend Fund   5.25%   MSCI Europe Small Cap Index     4.74%         0.51%

DXGE

  WisdomTree Germany Hedged Equity Fund   -14.44%   MSCI Germany Local Currency Index     -16.74%         2.30%

DXUS

  WisdomTree Global ex-U.S. Hedged Dividend Fund1   -12.02%   MSCI AC World ex-USA Local Currency Index     -11.81%         -0.21%

HDRW

  WisdomTree Global ex-U.S. Hedged Real Estate Fund2   -1.06%   Dow Jones Global ex-U.S. Select Real Estate Securities Index (USD) Hedged     -1.79%         0.73%

 

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


Table of Contents

Management’s Discussion of Funds’ Performance

(unaudited) (continued)

 

Ticker   WisdomTree Fund   1-Year
NAV Return
  Performance Benchmark   1-Year
Return
       Difference

DOO

  WisdomTree International Dividend ex-Financials Fund   -8.83%   MSCI EAFE Value Index     -12.82%         3.99%

DWM

  WisdomTree International Equity Fund   -8.15%   MSCI EAFE Index     -8.27%         0.12%

HDWM

  WisdomTree International Hedged Equity Fund3   -7.16%   MSCI EAFE Local Currency Index     -9.12%         1.96%

IHDG

  WisdomTree International Hedged Quality Dividend Growth Fund   -1.73%   MSCI EAFE Local Currency Index     -11.17%         9.44%

HDLS

  WisdomTree International Hedged SmallCap Dividend Fund1   -5.66%   MSCI EAFE Small Cap Local Currency Index     -5.09%         -0.57%

DTH

  WisdomTree International High Dividend Fund   -9.60%   MSCI EAFE Value Index     -12.82%         3.22%

DOL

  WisdomTree International LargeCap Dividend Fund   -10.49%   MSCI EAFE Index     -8.27%         -2.22%

DIM

  WisdomTree International MidCap Dividend Fund   -2.12%   MSCI EAFE Mid Cap Index     -1.86%         -0.26%

DLS

  WisdomTree International SmallCap Dividend Fund   2.26%   MSCI EAFE Small Cap Index     3.20%         -0.94%

DXJC

  WisdomTree Japan Hedged Capital Goods Fund   -20.72%   MSCI Japan Local Currency Index     -12.90%         -7.82%

DXJ

  WisdomTree Japan Hedged Equity Fund   -15.64%   MSCI Japan/MSCI Japan Local Currency Spliced Index     -12.90%         -2.74%

DXJF

  WisdomTree Japan Hedged Financials Fund   -24.30%   MSCI Japan Local Currency Index     -12.90%         -11.40%

DXJH

  WisdomTree Japan Hedged Health Care Fund   6.16%   MSCI Japan Local Currency Index     -12.90%         19.06%

JHDG

  WisdomTree Japan Hedged Quality Dividend Growth Fund4   -11.73%   JPX-Nikkei 400 Local Currency Index     -14.67%         2.94%

DXJR

  WisdomTree Japan Hedged Real Estate Fund   -2.21%   MSCI Japan Local Currency Index     -12.90%         10.69%

DXJS

  WisdomTree Japan Hedged SmallCap Equity Fund   -3.83%   MSCI Japan Small Cap Local Currency Index     -2.52%         -1.31%

DXJT

  WisdomTree Japan Hedged Tech, Media and Telecom Fund   -12.99%   MSCI Japan Local Currency Index     -12.90%         -0.09%

JDG

  WisdomTree Japan Quality Dividend Growth Fund5   -6.07%   JPX-Nikkei 400 Index     -9.86%         3.79%

DFJ

  WisdomTree Japan SmallCap Dividend Fund   3.51%   MSCI Japan Small Cap Index     4.02%         -0.51%

DXKW

  WisdomTree Korea Hedged Equity Fund   0.17%   MSCI Korea Local Currency Index     -3.01%         3.18%

DXPS

  WisdomTree United Kingdom Hedged Equity Fund   -5.15%   MSCI United Kingdom Local Currency Index     -5.85%         0.70%
1 

Total returns shown are for the period June 4, 2015 (commencement of operations) through March 31, 2016.

 

2 

Total returns shown are for the period October 29, 2015 (commencement of operations) through March 31, 2016.

 

3 

Total returns shown are for the period July 9, 2015 (commencement of operations) through March 31, 2016.

 

4 

Total returns shown are for the period April 9, 2015 (commencement of operations) through March 31, 2016.

 

5 

Total returns shown are for the period May 28, 2015 (commencement of operations) through March 31, 2016.

WisdomTree’s international dividend-weighted funds are designed to track indexes based on the dividend stream generated by the companies included in the index. The dividend stream is defined as the sum of all dividends paid over the prior 12 months for each company. The first is aggregate exposure to one or more sectors or countries. The second is stock selection within each sector or country. Both of these are determined as part of WisdomTree’s rules-based index methodology. These exposures are not subjectively determined. Rather, they are objectively determined at the Index rebalancing dates based on the dividend stream.

 

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


Table of Contents

Management’s Discussion of Funds’ Performance

(unaudited) (concluded)

 

WisdomTree’s best performing Fund for the full period was the WisdomTree Japan Hedged Health Care Fund (DXJH), returning 6.16% over the period. This strategy had three major drivers contributing to its more than 19.00% outperformance versus the MSCI Japan Local Currency Index. The first driver was a more accommodating regulatory landscape as Japanese authorities sought to deregulate the industry. Second, Health Care, considered a defensive sector, benefited as investors sought safety from the volatility of the broader Japanese equity markets over the period. Lastly, Japan’s demographics became an area of focus with an aging population in need of greater medical care. Another relative outperformer was the WisdomTree Europe SmallCap Dividend Fund (DFE) which benefited from its selection and underweight to Financials.

The WisdomTree quality dividend growth suite performed favorably over the period with the WisdomTree Europe Quality Dividend Growth Fund (EUDG) and WisdomTree International Hedged Quality Dividend Growth Fund (IHDG) both outperforming their respective benchmarks by 6.61% and 9.44%, respectively. Given the volatile environment for equities over the period, the fundamental screens for “return on equity” and “return on assets” helped these Funds outperform their respective benchmarks. For IHDG, an overweight to the United Kingdom and underweight to Financials added to the performance. The quality methodology helps the portfolio tilt away from more leveraged companies which explains the underweight in Financials that is again found in EUDG as a major contributor to the return over the period.

Fund returns are shown at NAV. Please see Performance Summaries on the subsequent pages for more complete performance information. Please see pages 33 through 36 for the list of index descriptions.

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

 

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


Table of Contents

Performance Summary (unaudited)

WisdomTree Australia Dividend Fund (AUSE)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Financials

    22.3%   

Materials

    15.2%   

Consumer Discretionary

    14.9%   

Industrials

    14.6%   

Consumer Staples

    9.7%   

Healthcare

    7.8%   

Energy

    6.6%   

Telecommunication Services

    3.0%   

Information Technology

    2.8%   

Utilities

    2.3%   

Other Assets less Liabilities

    0.8%   

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 3/31/16

 

Description   % of Net Assets  

Insurance Australia Group Ltd.

    3.6%   

CIMIC Group Ltd.

    3.6%   

Woodside Petroleum Ltd.

    3.3%   

Fortescue Metals Group Ltd.

    2.9%   

Westpac Banking Corp.

    2.7%   

Suncorp Group Ltd.

    2.7%   

Treasury Wine Estates Ltd.

    2.4%   

Wesfarmers Ltd.

    2.3%   

Commonwealth Bank of Australia

    2.3%   

AGL Energy Ltd.

    2.3%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. 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 -7.17% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its investment in the Consumer Discretionary sector. The Fund’s position in the Energy sector created the greatest drag on performance.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.58%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       -7.17      -5.41      -0.40      5.25

Fund Market Price Returns

       -7.09      -5.91      -0.61      5.12

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

       -6.75      -5.11      -0.13      5.72

MSCI Pacific ex-Japan Value/MSCI Australia Spliced Index3

       -10.82      -5.34      -0.38      4.57
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.

 

LOGO

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 3/31/16

 

Sector   % of Net Assets  

Consumer Staples

    21.4%   

Industrials

    20.4%   

Consumer Discretionary

    18.8%   

Healthcare

    10.2%   

Financials

    9.2%   

Materials

    7.5%   

Information Technology

    6.5%   

Telecommunication Services

    4.8%   

Energy

    1.5%   

Utilities

    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 3/31/16

 

Description   % of Net Assets  

Anheuser-Busch InBev N.V.

    6.3%   

Siemens AG, Registered Shares

    5.4%   

Unilever N.V., CVA

    4.9%   

Telefonica S.A.

    4.8%   

Daimler AG, Registered Shares

    4.4%   

Sanofi

    3.9%   

Banco Santander S.A.

    3.8%   

Banco Bilbao Vizcaya Argentaria S.A.

    3.4%   

SAP SE

    3.1%   

Bayer AG, Registered Shares

    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 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 -13.85% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in the Netherlands. The Fund’s position in Spain created the greatest drag on performance. During the fiscal year, the Fund utilized forward foreign currency contracts as hedges to offset euro currency exposure from positions in European equities. The Fund’s use of forward foreign currency contracts detracted from performance as a result of the U.S. dollar weakening against the euro during the period.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.58%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       -13.85      7.33      6.53      6.06

Fund Market Price Returns

       -14.19      6.96      6.31      6.01

WisdomTree DEFA International Hedged Equity/Europe Hedged Equity Spliced Index2

       -13.45      7.72      6.90      6.55

MSCI EAFE Local Currency/MSCI EMU Local Currency Spliced Index3

       -13.61      8.86      6.14      5.84
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.

 

LOGO

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 Hedged SmallCap Equity Fund (EUSC)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Industrials

    24.5%   

Financials

    20.4%   

Consumer Discretionary

    14.5%   

Materials

    9.0%   

Consumer Staples

    7.3%   

Information Technology

    6.0%   

Healthcare

    6.0%   

Utilities

    5.7%   

Telecommunication Services

    4.5%   

Energy

    2.3%   

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. 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 3/31/16

 

Description   % of
Net Assets
 

Elisa Oyj

    2.2%   

bpost S.A.

    2.0%   

Nokian Renkaat Oyj

    1.6%   

Hochtief AG

    1.5%   

Banca Mediolanum SpA

    1.5%   

Freenet AG

    1.4%   

Lagardere SCA

    1.2%   

Cofinimmo S.A.

    1.2%   

Hera SpA

    1.2%   

Eiffage S.A.

    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 Europe Hedged SmallCap Equity Fund (the ‘‘Fund’’) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Europe Hedged SmallCap Equity Index.

The Fund returned -3.79% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in Germany. The Fund’s position in Spain created the greatest drag on performance. During the fiscal year, the Fund utilized forward foreign currency contracts as hedges to offset euro currency exposure from positions in European equities. The Fund’s use of forward foreign currency contracts detracted from performance as a result of the U.S. dollar weakening against the euro during the period.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.58%.

Performance as of 3/31/16

 

        Average Annual Total Return  
        1 Year      Since
Inception1
 

Fund NAV Returns

       -3.79      0.33

Fund Market Price Returns

       -3.99      -0.65

WisdomTree Europe Hedged SmallCap Equity Index

       -3.71      0.37

MSCI European Economic and Monetary Union (EMU) Small Cap Local Currency Index

       -2.82      1.40
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on March 4, 2015.

 

LOGO

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 Europe Quality Dividend Growth Fund (EUDG)

(formerly, WisdomTree Europe Dividend Growth Fund)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Consumer Staples

    21.8%   

Industrials

    19.9%   

Consumer Discretionary

    19.2%   

Healthcare

    18.6%   

Information Technology

    8.6%   

Materials

    6.1%   

Financials

    3.2%   

Telecommunication Services

    2.1%   

Energy

    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. 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 3/31/16

 

Description   % of Net Assets  

Roche Holding AG, Genusschein

    6.1%   

Anheuser-Busch InBev N.V.

    4.5%   

British American Tobacco PLC

    4.3%   

Novo Nordisk A/S, Class B

    3.1%   

Bayer AG, Registered Shares

    2.9%   

SAP SE

    2.8%   

Unilever N.V., CVA

    2.4%   

Daimler AG, Registered Shares

    2.2%   

Diageo PLC

    2.1%   

Telefonaktiebolaget LM Ericsson, Class B

    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 Europe Quality Dividend Growth Fund (the ‘‘Fund’’) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Europe Quality Dividend Growth Index. Prior to March 31, 2016, the WisdomTree Europe Quality Dividend Growth Index was named the WisdomTree Europe Dividend Growth Index.

The Fund returned -1.83% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in the Netherlands. The Fund’s position in Germany created the greatest drag on performance.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.58%.

Performance as of 3/31/16

 

      Average Annual Total Return  
      1 Year      Since
Inception1
 

Fund NAV Returns

     -1.83      -4.33

Fund Market Price Returns

     -2.55      -4.79

WisdomTree Europe Quality Dividend Growth Index

     -1.15      -3.82

MSCI Europe Index

     -8.44      -8.26
1 

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

 

LOGO

 

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 Europe SmallCap Dividend Fund (DFE)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Industrials

    25.0%   

Financials

    20.0%   

Consumer Discretionary

    16.1%   

Information Technology

    12.6%   

Materials

    8.0%   

Consumer Staples

    7.3%   

Healthcare

    4.0%   

Utilities

    3.1%   

Energy

    2.7%   

Telecommunication Services

    0.6%   

Investment Company

    0.2%   

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 3/31/16

 

Description   % of Net Assets  

Cofinimmo S.A.

    2.0%   

Cembra Money Bank AG

    1.3%   

Leroy Seafood Group ASA

    1.2%   

Iren SpA

    1.1%   

ERG SpA

    1.1%   

Ratos AB, Class B

    1.1%   

Kemira Oyj

    1.0%   

Peab AB

    1.0%   

Modern Times Group MTG AB, Class B

    1.0%   

Tieto 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 5.25% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in Sweden. The Fund’s position in France created the greatest drag on performance.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.58%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       5.25      13.89      8.79      5.88

Fund Market Price Returns

       5.02      13.99      8.73      5.73

WisdomTree Europe SmallCap Dividend Index

       6.00      15.10      9.59      6.44

MSCI Europe Small Cap Index

       4.74      10.70      6.90      5.99
1 

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

 

LOGO

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 Germany Hedged Equity Fund (DXGE)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Consumer Discretionary

    21.8%   

Industrials

    18.6%   

Financials

    15.4%   

Materials

    15.0%   

Healthcare

    10.0%   

Information Technology

    6.5%   

Consumer Staples

    5.4%   

Telecommunication Services

    4.3%   

Utilities

    2.6%   

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 3/31/16

 

Description   % of Net Assets  

Daimler AG, Registered Shares

    4.5%   

Bayerische Motoren Werke AG

    4.5%   

Muenchener Rueckversicherungs - Gesellschaft AG, Registered Shares

    4.5%   

Bayer AG, Registered Shares

    4.4%   

SAP SE

    4.4%   

BASF SE

    4.4%   

Siemens AG, Registered Shares

    4.4%   

Deutsche Telekom AG, Registered Shares

    4.3%   

Allianz SE, Registered Shares

    4.2%   

Deutsche Post AG, Registered Shares

    3.5%   
* 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 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 -14.44% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in the Information Technology sector. The Fund’s position in the Consumer Discretionary sector created the greatest drag on performance. During the fiscal year, the Fund utilized forward foreign currency contracts as hedges to offset euro currency exposure from positions in German equities. The Fund’s use of forward foreign currency contracts detracted from performance as a result of the U.S. dollar weakening against the euro during the period.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.48%.

Performance as of 3/31/16

 

        Average Annual Total Return  
        1 Year      Since
Inception1
 

Fund NAV Returns

       -14.44      5.54

Fund Market Price Returns

       -14.80      4.92

WisdomTree Germany Hedged Equity Index

       -14.30      5.72

MSCI Germany Local Currency Index

       -16.74      4.96
1 

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

 

LOGO

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 Global ex-U.S. Hedged Dividend Fund (DXUS)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Financials

    23.0%   

Consumer Discretionary

    11.2%   

Consumer Staples

    10.9%   

Industrials

    10.7%   

Telecommunication Services

    9.5%   

Energy

    8.7%   

Healthcare

    8.5%   

Materials

    6.3%   

Information Technology

    5.9%   

Utilities

    4.3%   

Investment Company

    1.5%   

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 3/31/16

 

Description   % of Net Assets  

Toyota Motor Corp.

    1.8%   

iPath MSCI India Index ETN

    1.5%   

Nestle S.A., Registered Shares

    1.5%   

Roche Holding AG, Genusschein

    1.3%   

GlaxoSmithKline PLC

    1.2%   

BP PLC

    1.2%   

Novartis AG, Registered Shares

    1.2%   

Royal Dutch Shell PLC, Class A

    1.1%   

HSBC Holdings PLC

    1.1%   

TOTAL S.A.

    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 Global ex-U.S. Hedged Dividend Fund (the ‘‘Fund’’) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global ex-U.S. Hedged Dividend Index.

The Fund returned -12.02% at net asset value (“NAV”) from Fund inception on June 4, 2015 to March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in Taiwan. The Fund’s position in Japan created the greatest drag on performance. During the fiscal period, the Fund utilized forward foreign currency contracts as hedges to offset applicable international currency exposure from positions in international equities. The Fund’s use of forward foreign currency contracts contributed positively to performance as a result of the overall appreciation in the U.S. dollar against applicable international currencies during the period.

The following performance table 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 June 1, 2015, the Fund’s annual expense ratio was 0.44%.

Performance as of 3/31/16

 

        Cumulative Total Return  
        Since
Inception1
 

Fund NAV Returns

       -12.02

Fund Market Price Returns

       -12.29

WisdomTree Global ex-U.S. Hedged Dividend Index

       -11.60

MSCI AC World ex-USA Local Currency Index

       -11.81
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 4, 2015.

 

LOGO

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 Global ex-U.S. Hedged Real Estate Fund (HDRW)

 

Industry Breakdown† as of 3/31/16

 

Industry   % of Net Assets  

Real Estate Management & Development

    52.8%   

Real Estate Investment Trusts (REITs)

    47.7%   

Other Assets less Liabilities

    -0.5%   

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 3/31/16

 

Description   % of Net Assets  

Evergrande Real Estate Group Ltd.

    3.9%   

Sun Hung Kai Properties Ltd.

    3.5%   

Unibail-Rodamco SE

    3.5%   

Scentre Group

    2.9%   

Country Garden Holdings Co., Ltd.

    2.1%   

China Overseas Land & Investment Ltd.

    2.1%   

Wharf Holdings Ltd. (The)

    2.0%   

Link REIT

    1.7%   

Westfield Corp.

    1.7%   

Henderson Land Development Co., Ltd.

    1.5%   
* 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 Global ex-U.S. Hedged Real Estate Fund (the ‘‘Fund’’) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global ex-U.S. Hedged Real Estate Index.

The Fund returned -1.06% at net asset value (“NAV”) from Fund inception October 29, 2015 to March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in Australia. The Fund’s position in Hong Kong created the greatest drag on performance. During the fiscal period, the Fund utilized forward foreign currency contracts as hedges to offset currency exposure from positions in international equities. The Fund’s use of forward foreign currency contracts detracted from performance as a result of the overall depreciation in the U.S. dollar against applicable international currencies during the period.

The following performance table 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

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 October 23, 2015, the Fund’s net and gross annual expense ratios were 0.43% and 0.58%, respectively. WisdomTree Asset Management, Inc. has contractually agreed to limit the management fee to 0.43% through July 31, 2017, unless earlier terminated by the Board of Trustees of the Trust for any reason at any time.

Performance as of 3/31/16

 

        Cumulative Total Return  
        Since
Inception1
 

Fund NAV Returns

       -1.06

Fund Market Price Returns

       -1.10

WisdomTree Global ex-U.S. Hedged Real Estate Index

       -0.97

Dow Jones Global ex-U.S. Select Real Estate Securities Index (USD) Hedged

       -1.79
1 

Total returns are calculated based on the commencement of Fund trading on the BATS Exchange, Inc. on October 29, 2015.

 

LOGO

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 Dividend ex-Financials Fund (DOO)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Utilities

    15.1%   

Telecommunication Services

    14.3%   

Industrials

    12.8%   

Energy

    12.8%   

Consumer Staples

    11.9%   

Materials

    8.7%   

Healthcare

    8.7%   

Consumer Discretionary

    8.3%   

Information Technology

    6.5%   

Investment Company

    0.1%   

Other Assets less Liabilities

    0.8%   

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 3/31/16

 

Description   % of Net Assets  

Snam SpA

    2.5%   

Woodside Petroleum Ltd.

    2.3%   

Eni SpA

    2.0%   

Kuehne + Nagel International AG, Registered Shares

    1.9%   

TeliaSonera AB

    1.8%   

Fortum Oyj

    1.8%   

TOTAL S.A.

    1.7%   

EDP-Energias de Portugal S.A.

    1.7%   

Orange S.A.

    1.6%   

Wesfarmers 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 -8.83% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in Italy. The Fund’s position in the United Kingdom created the greatest drag on performance.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.58%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       -8.83      1.16      0.34      1.97

Fund Market Price Returns

       -9.25      1.01      0.17      1.82

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

       -8.53      1.47      0.51      2.16

MSCI EAFE Value Index

       -12.82      0.59      0.82      0.97
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.

 

LOGO

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 International Equity Fund (DWM)

(formerly, WisdomTree DEFA Fund)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Financials

    22.2%   

Consumer Staples

    12.4%   

Industrials

    12.4%   

Consumer Discretionary

    11.2%   

Telecommunication Services

    9.0%   

Healthcare

    8.9%   

Energy

    8.4%   

Materials

    5.9%   

Utilities

    5.7%   

Information Technology

    3.2%   

Investment Company

    0.1%   

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 3/31/16

 

Description   % of Net Assets  

Nestle S.A., Registered Shares

    1.5%   

GlaxoSmithKline PLC

    1.5%   

BP PLC

    1.5%   

China Mobile Ltd.

    1.4%   

HSBC Holdings PLC

    1.4%   

Royal Dutch Shell PLC, Class A

    1.4%   

TOTAL S.A.

    1.3%   

Novartis AG, Registered Shares

    1.2%   

British American Tobacco PLC

    1.2%   

Anheuser-Busch InBev N.V.

    1.1%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

 

The WisdomTree International Equity Fund (the ‘‘Fund’’) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International Equity Index. Prior to March 31, 2016, the WisdomTree International Equity Index was named the WisdomTree DEFA Index.

The Fund returned -8.15% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in Ireland. The Fund’s position in the United Kingdom created the greatest drag on performance.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.48%.

Performance as of 3/31/16

 

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

Fund NAV Returns

     -8.15     2.50     2.40     2.72

Fund Market Price Returns

     -8.63     2.16     2.25     2.67

WisdomTree International Equity Index

     -8.02     2.60     2.47     3.04

MSCI EAFE Index

     -8.27     2.23     2.29     2.28
1 

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

 

LOGO

 

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 International Hedged Equity Fund (HDWM)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Financials

    22.5%   

Industrials

    12.6%   

Consumer Staples

    12.6%   

Consumer Discretionary

    11.3%   

Healthcare

    9.0%   

Telecommunication Services

    8.9%   

Energy

    8.6%   

Utilities

    5.9%   

Materials

    5.5%   

Information Technology

    3.3%   

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. 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 3/31/16

 

Description   % of Net Assets  

Nestle S.A., Registered Shares

    1.7%   

GlaxoSmithKline PLC

    1.6%   

BP PLC

    1.5%   

HSBC Holdings PLC

    1.5%   

China Mobile Ltd.

    1.5%   

Roche Holding AG, Genusschein

    1.4%   

Royal Dutch Shell PLC, Class A

    1.3%   

TOTAL S.A.

    1.3%   

Toyota Motor Corp.

    1.3%   

Anheuser-Busch InBev N.V.

    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 International Hedged Equity Fund (the ‘‘Fund’’) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International Hedged Equity Index.

The Fund returned -7.16% at net asset value (“NAV”) from Fund inception on July 9, 2015 to March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in New Zealand. The Fund’s position in Japan created the greatest drag on performance. During the fiscal period, the Fund utilized forward foreign currency contracts as hedges to offset applicable international currency exposure from positions in international equities. The Fund’s use of forward foreign currency contracts detracted from performance as a result of the overall depreciation in the U.S. dollar against applicable international currencies during the period.

The following performance table 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 June 24, 2015, the Fund’s annual expense ratio was 0.35%.

Performance as of 3/31/16

 

        Cumulative Total Return  
        Since
Inception1
 

Fund NAV Returns

       -7.16

Fund Market Price Returns

       -7.65

WisdomTree International Hedged Equity Index

       -7.12

MSCI EAFE Local Currency Index

       -9.12
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on July 9, 2015.

 

LOGO

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 International Hedged Quality Dividend Growth Fund (IHDG)

(formerly, WisdomTree International Hedged Dividend Growth Fund)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Consumer Staples

    22.6%   

Consumer Discretionary

    18.9%   

Industrials

    16.5%   

Healthcare

    14.0%   

Telecommunication Services

    9.8%   

Information Technology

    7.9%   

Financials

    5.5%   

Materials

    3.3%   

Utilities

    1.7%   

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 3/31/16

 

Description   % of Net Assets  

British American Tobacco PLC

    5.2%   

Roche Holding AG, Genusschein

    4.7%   

Telstra Corp., Ltd.

    3.9%   

Unilever N.V., CVA

    3.4%   

Japan Tobacco, Inc.

    2.9%   

Novo Nordisk A/S, Class B

    2.9%   

Unilever PLC

    2.8%   

Reckitt Benckiser Group PLC

    2.6%   

SAP SE

    2.6%   

Industria de Diseno Textil S.A.

    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 International Hedged Quality Dividend Growth Fund (the ‘‘Fund’’) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International Hedged Quality Dividend Growth Index. Prior to March 31, 2016, the WisdomTree International Hedged Quality Dividend Growth Index was named the WisdomTree International Hedged Dividend Growth Index.

The Fund returned -1.73% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in the United Kingdom. The Fund’s position in Sweden created the greatest drag on performance. During the fiscal year, the Fund utilized forward foreign currency contracts as hedges to offset applicable international currency exposure from positions in international equities. The Fund’s use of forward foreign currency contracts detracted from performance as a result of the overall depreciation in the U.S. dollar against applicable international currencies during the period.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.58%.

Performance as of 3/31/16

 

        Average Annual Total Return  
        1 Year      Since
Inception1
 

Fund NAV Returns

       -1.73      5.56

Fund Market Price Returns

       -2.20      4.95

WisdomTree International Hedged Quality Dividend Growth Index

       -1.26      6.15

MSCI EAFE Local Currency Index

       -11.17      2.26
1 

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

 

LOGO

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 International Hedged SmallCap Dividend Fund (HDLS)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Industrials

    24.1%   

Consumer Discretionary

    19.6%   

Financials

    17.8%   

Information Technology

    9.4%   

Consumer Staples

    8.2%   

Materials

    8.0%   

Healthcare

    5.1%   

Utilities

    3.3%   

Energy

    2.5%   

Telecommunication Services

    1.1%   

Investment Company

    0.2%   

Other Assets less Liabilities

    0.7%   

Total

    100.0%   

 

The sector information shown is that of the Underlying Fund. The Underlying 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 of the Underlying Fund includes investment of cash collateral for securities on loan (if any).

Top Ten Holdings* as of 3/31/16

 

Description    % of Net Assets  

Salmar ASA

     0.8

Cofinimmo S.A.

     0.6

Meridian Energy Ltd.

     0.5

Genesis Energy Ltd.

     0.5

Nexity S.A.

     0.5

Fisher & Paykel Healthcare Corp., Ltd.

     0.4

NCC AB, Class B

     0.4

Air New Zealand Ltd.

     0.4

Kesko Oyj, Class B

     0.4

Ladbrokes PLC

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

 

The WisdomTree International Hedged SmallCap Dividend Fund (the ‘‘Fund’’) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International Hedged SmallCap Dividend Index. The Fund implemented its strategy during the period by investing in an underlying fund, the WisdomTree International SmallCap Dividend Fund (the “Underlying Fund”).

The Fund returned -5.66% at net asset value (“NAV”) from Fund inception on June 4, 2015 to March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its exposure to Sweden through its investment in the Underlying Fund. The Fund’s exposure in the United Kingdom through its investment in the Underlying Fund created the greatest drag on performance. During the fiscal period, the Fund utilized forward foreign currency contracts as hedges to offset applicable international currency exposure from positions in international equities held in the Underlying Fund. The Fund’s use of forward foreign currency contracts detracted from performance as a result of the overall depreciation in the U.S. dollar against applicable international currencies during the period.

The following performance table 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 June 1, 2015, the Fund’s net and gross annual expense ratio was 0.58% and 1.16%, respectively. The prospectus expense ratio includes 0.58% of acquired fund fees and expenses (“AFFEs”). The prospectus expense ratio may not correlate to the expense ratio in the Fund’s financial highlights and financial statements because the financial highlights and financial statements reflect only the operating expenses of the Fund and do not include AFFEs, which are fees and expenses incurred indirectly by the Fund through its investments in certain underlying investment companies. WisdomTree Asset Management, Inc. has contractually agreed to waive a portion of its management fee in an amount equal to the AFFEs attributable to the Fund’s investments in the Underlying Fund through July 31, 2018, unless earlier terminated by the Board of Trustees of WisdomTree Trust for any reason at any time.

Performance as of 3/31/16

 

        Cumulative Total Return  
        Since
Inception1
 

Fund NAV Returns

       -5.66

Fund Market Price Returns

       -5.46

WisdomTree International Hedged SmallCap Dividend Index

       -5.23

MSCI EAFE Small Cap Local Currency Index

       -5.09
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 4, 2015.

 

LOGO

 

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 International High Dividend Fund (DTH)

(formerly, WisdomTree DEFA Equity Income Fund)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Financials

    23.1%   

Telecommunication Services

    12.5%   

Consumer Staples

    11.9%   

Energy

    11.8%   

Industrials

    10.7%   

Utilities

    8.3%   

Healthcare

    7.8%   

Consumer Discretionary

    6.5%   

Materials

    5.3%   

Information Technology

    1.4%   

Investment Company

    0.0%   

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 3/31/16

 

Description   % of Net Assets  

Nestle S.A., Registered Shares

    2.9%   

China Mobile Ltd.

    2.5%   

TOTAL S.A.

    2.2%   

GlaxoSmithKline PLC

    2.2%   

BP PLC

    2.1%   

Novartis AG, Registered Shares

    2.1%   

Royal Dutch Shell PLC, Class A

    2.0%   

British American Tobacco PLC

    1.8%   

HSBC Holdings PLC

    1.7%   

Vodafone Group PLC

    1.5%   
* 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 International High Dividend Fund (the ‘‘Fund’’) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International High Dividend Index. Prior to March 31, 2016, the WisdomTree International High Dividend Index was named the WisdomTree DEFA Equity Income Index.

The Fund returned -9.60% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in Japan. The Fund’s position in Australia created the greatest drag on performance.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.58%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       -9.60      1.37      1.56      1.68

Fund Market Price Returns

       -10.12      0.92      1.31      1.54

WisdomTree International High Dividend Index

       -9.44      1.65      1.75      2.24

MSCI EAFE Value Index

       -12.82      0.59      0.82      0.97
1 

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

 

LOGO

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 International LargeCap Dividend Fund (DOL)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Financials

    21.9%   

Consumer Staples

    14.3%   

Telecommunication Services

    11.0%   

Healthcare

    10.7%   

Energy

    10.6%   

Consumer Discretionary

    9.3%   

Industrials

    8.8%   

Utilities

    5.5%   

Materials

    4.6%   

Information Technology

    2.4%   

Investment Company

    0.3%   

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 3/31/16

 

Description   % of Net Assets  

Nestle S.A., Registered Shares

    2.3%   

GlaxoSmithKline PLC

    2.1%   

BP PLC

    2.0%   

China Mobile Ltd.

    2.0%   

Royal Dutch Shell PLC, Class A

    1.9%   

HSBC Holdings PLC

    1.8%   

TOTAL S.A.

    1.8%   

Anheuser-Busch InBev N.V.

    1.8%   

British American Tobacco PLC

    1.7%   

Novartis AG, Registered Shares

    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 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 -10.49% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in Belgium. The Fund’s position in the United Kingdom created the greatest drag on performance.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.48%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       -10.49      1.09      1.47      2.03

Fund Market Price Returns

       -11.16      0.70      1.33      1.87

WisdomTree International LargeCap Dividend Index

       -10.26      1.42      1.70      2.35

MSCI EAFE Index

       -8.27      2.23      2.29      2.28
1 

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

 

LOGO

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 International MidCap Dividend Fund (DIM)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Financials

    22.2%   

Industrials

    22.2%   

Consumer Discretionary

    15.4%   

Materials

    8.9%   

Consumer Staples

    8.3%   

Utilities

    6.5%   

Healthcare

    4.5%   

Information Technology

    4.4%   

Telecommunication Services

    4.1%   

Energy

    3.1%   

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 3/31/16

 

Description   % of Net Assets  

Insurance Australia Group Ltd.

    0.8%   

Bezeq Israeli Telecommunication Corp., Ltd.

    0.8%   

Suncorp Group Ltd.

    0.7%   

Terna Rete Elettrica Nazionale SpA

    0.6%   

Bouygues S.A.

    0.6%   

Veolia Environnement S.A.

    0.6%   

WM Morrison Supermarkets PLC

    0.6%   

Hannover Rueck SE

    0.6%   

Proximus SADP

    0.6%   

CNP Assurances

    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 -2.12% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in Finland. The Fund’s position in Hong Kong created the greatest drag on performance.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.58%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       -2.12      5.77      4.10      4.55

Fund Market Price Returns

       -2.63      5.49      4.06      4.43

WisdomTree International MidCap Dividend Index

       -2.14      6.11      4.16      4.67

MSCI EAFE Mid Cap Index

       -1.86      5.96      4.27      3.44
1 

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

 

LOGO

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 International SmallCap Dividend Fund (DLS)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Industrials

    24.1%   

Consumer Discretionary

    19.6%   

Financials

    17.8%   

Information Technology

    9.4%   

Consumer Staples

    8.2%   

Materials

    8.0%   

Healthcare

    5.1%   

Utilities

    3.3%   

Energy

    2.5%   

Telecommunication Services

    1.1%   

Investment Company

    0.2%   

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 3/31/16

 

Description   % of Net Assets  

Salmar ASA

    0.8%   

Cofinimmo S.A.

    0.6%   

Meridian Energy Ltd.

    0.5%   

Genesis Energy Ltd.

    0.5%   

Nexity S.A.

    0.5%   

Fisher & Paykel Healthcare Corp., Ltd.

    0.4%   

NCC AB, Class B

    0.4%   

Air New Zealand Ltd.

    0.4%   

Kesko Oyj, Class B

    0.4%   

Ladbrokes PLC

    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 2.26% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in Sweden. The Fund’s position in Australia created the greatest drag on performance.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.58%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       2.26      5.58      5.83      5.13

Fund Market Price Returns

       2.13      5.50      5.85      5.05

WisdomTree International SmallCap Dividend Index

       2.83      6.27      6.27      5.60

MSCI EAFE Small Cap Index

       3.20      7.29      5.58      4.28
1 

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

 

LOGO

 

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 Japan Hedged Capital Goods Fund (DXJC)

 

Industry Breakdown† as of 3/31/16

 

Industry   % of Net Assets  

Automobiles

    30.8%   

Machinery

    28.0%   

Auto Components

    16.9%   

Electrical Equipment

    8.3%   

Metals & Mining

    5.9%   

Building Products

    5.8%   

Construction & Engineering

    1.8%   

Chemicals

    1.8%   

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 3/31/16

 

Description   % of Net Assets  

Toyota Motor Corp.

    9.0%   

Honda Motor Co., Ltd.

    7.7%   

FANUC Corp.

    4.3%   

Bridgestone Corp.

    3.7%   

Mitsubishi Electric Corp.

    3.6%   

Nissan Motor Co., Ltd.

    3.5%   

Fuji Heavy Industries Ltd.

    3.5%   

Daikin Industries Ltd.

    3.4%   

Denso Corp.

    3.2%   

Nidec Corp.

    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 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 -20.72% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in Daikin Industries Ltd. The Fund’s position in Toyota Motor Corp. created the greatest drag on performance. During the fiscal year, the Fund utilized forward foreign currency contracts as hedges to offset Japanese yen currency exposure from positions in Japanese equities. The Fund’s use of forward foreign currency contracts detracted from performance as a result of the U.S. dollar weakening against the Japanese yen during the period.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.48%.

Performance as of 3/31/16

 

        Average Annual Total Return  
        1 Year      Since
Inception1
 

Fund NAV Returns

       -20.72      1.33

Fund Market Price Returns

       -20.78      2.09

WisdomTree Japan Hedged Capital Goods Index

       -20.33      2.05

MSCI Japan Local Currency Index

       -12.90      7.91
1 

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

LOGO

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 Japan Hedged Equity Fund (DXJ)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Consumer Discretionary

    24.3%   

Industrials

    23.1%   

Information Technology

    13.4%   

Consumer Staples

    10.7%   

Healthcare

    9.1%   

Financials

    8.8%   

Materials

    8.5%   

Telecommunication Services

    0.8%   

Energy

    0.5%   

Other Assets less Liabilities

    0.8%   

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 3/31/16

 

Description   % of Net Assets  

Japan Tobacco, Inc.

    5.4%   

Toyota Motor Corp.

    4.5%   

Canon, Inc.

    3.8%   

Mitsubishi UFJ Financial Group, Inc.

    3.6%   

Nissan Motor Co., Ltd.

    2.9%   

Takeda Pharmaceutical Co., Ltd.

    2.9%   

Honda Motor Co., Ltd.

    2.8%   

Mizuho Financial Group, Inc.

    2.8%   

FANUC Corp.

    2.4%   

Mitsui & Co., 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 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 -15.64% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in the Consumer Staples sector. The Fund’s position in the Consumer Discretionary sector created the greatest drag on performance. During the fiscal year, the Fund utilized forward foreign currency contracts as hedges to offset Japanese yen currency exposure from positions in Japanese equities. The Fund’s use of forward foreign currency contracts detracted from performance as a result of the U.S. dollar weakening against the Japanese yen during the period.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.48%.

Performance as of 3/31/16

 

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

Fund NAV Returns

     -15.64     7.37     8.39     1.58

Fund Market Price Returns

     -16.05     6.97     8.33     1.56

WisdomTree Japan Dividend/Japan Hedged Equity Spliced Index2

     -14.80     8.32     8.93     1.81

MSCI Japan/MSCI Japan Local Currency Spliced Index3

     -12.90     10.21     10.57     2.34
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.

LOGO

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

Performance Summary (unaudited)

WisdomTree Japan Hedged Financials Fund (DXJF)

 

Industry Breakdown† as of 3/31/16

 

Industry   % of Net Assets  

Banks

    56.5%   

Insurance

    25.0%   

Capital Markets

    8.6%   

Diversified Financial Services

    4.7%   

Consumer Finance

    4.0%   

Other Assets less Liabilities

    1.2%   

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 3/31/16

 

Description   % of Net Assets  

Sumitomo Mitsui Financial Group, Inc.

    10.1%   

Mitsubishi UFJ Financial Group, Inc.

    9.4%   

Tokio Marine Holdings, Inc.

    7.6%   

MS&AD Insurance Group Holdings, Inc.

    4.6%   

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

    4.3%   

Mizuho Financial Group, Inc.

    3.7%   

Sompo Japan Nipponkoa Holdings, Inc.

    3.6%   

Nomura Holdings, Inc.

    3.5%   

Sumitomo Mitsui Trust Holdings, Inc.

    3.4%   

Daiwa Securities Group, 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 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 -24.30% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in Japan Exchange Group, Inc. The Fund’s position in Mitsubishi UFJ Financial Group, Inc. created the greatest drag on performance. During the fiscal year, the Fund utilized forward foreign currency contracts as hedges to offset Japanese yen currency exposure from positions in Japanese equities. The Fund’s use of forward foreign currency contracts detracted from performance as a result of the U.S. dollar weakening against the Japanese yen during the period.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.48%.

Performance as of 3/31/16

 

        Average Annual Total Return  
        1 Year      Since
Inception1
 

Fund NAV Returns

       -24.30      -2.38

Fund Market Price Returns

       -24.60      -1.72

WisdomTree Japan Hedged Financials Index

       -23.05      -1.00

MSCI Japan Local Currency Index

       -12.90      7.91
1 

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

 

LOGO

 

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      23   


Table of Contents

Performance Summary (unaudited)

WisdomTree Japan Hedged Health Care Fund (DXJH)

 

Industry Breakdown† as of 3/31/16

 

Industry   % of Net Assets  

Pharmaceuticals

    63.4%   

Health Care Equipment & Supplies

    22.4%   

Food & Staples Retailing

    6.1%   

Health Care Providers & Services

    5.3%   

Health Care Technology

    1.8%   

Biotechnology

    0.5%   

Other Assets less Liabilities

    0.5%   

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 3/31/16

 

Description   % of Net Assets  

Takeda Pharmaceutical Co., Ltd.

    8.7%   

Astellas Pharma, Inc.

    8.7%   

Ono Pharmaceutical Co., Ltd.

    7.4%   

Otsuka Holdings Co., Ltd.

    6.8%   

Hoya Corp.

    6.0%   

Eisai Co., Ltd.

    5.5%   

Daiichi Sankyo Co., Ltd.

    5.2%   

Shionogi & Co., Ltd.

    4.8%   

Terumo Corp.

    4.4%   

Olympus Corp.

    4.1%   
* 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 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 6.16% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in ONO Pharmaceutical Co., Ltd. The Fund’s position in Astellas Pharma, Inc. created the greatest drag on performance. During the fiscal year, the Fund utilized forward foreign currency contracts as hedges to offset Japanese yen currency exposure from positions in Japanese equities. The Fund’s use of forward foreign currency contracts detracted from performance as a result of the U.S. dollar weakening against the Japanese yen during the period.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.48%.

Performance as of 3/31/16

 

        Average Annual Total Return  
        1 Year      Since
Inception1
 

Fund NAV Returns

       6.16      25.74

Fund Market Price Returns

       5.86      26.62

WisdomTree Japan Hedged Health Care Index

       6.52      26.55

MSCI Japan Local Currency Index

       -12.90      7.91
1 

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

 

LOGO

 

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.

 

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


Table of Contents

Performance Summary (unaudited)

WisdomTree Japan Hedged Quality Dividend Growth Fund (JHDG)

(formerly, WisdomTree Japan Hedged Dividend Growth Fund)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Consumer Discretionary

    23.5%   

Industrials

    21.6%   

Information Technology

    12.6%   

Consumer Staples

    12.2%   

Telecommunication Services

    11.4%   

Materials

    6.7%   

Healthcare

    6.3%   

Financials

    4.8%   

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 3/31/16

 

Description    % of Net Assets  

NTT DOCOMO, Inc.

     6.6

Japan Tobacco, Inc.

     5.5

Toyota Motor Corp.

     3.9

Canon, Inc.

     3.9

KDDI Corp.

     3.9

Nissan Motor Co., Ltd.

     2.8

Honda Motor Co., Ltd.

     2.8

FANUC Corp.

     2.4

Mitsui & Co., Ltd.

     2.2

Bridgestone Corp.

     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 Japan Hedged Quality Dividend Growth Fund (the ‘‘Fund’’) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Japan Hedged Quality Dividend Growth Index.

The Fund returned -11.73% at net asset value (“NAV”) from Fund inception on April 9, 2015 to March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in the Telecommunication Services sector. The Fund’s position in the Consumer Discretionary sector created the greatest drag on performance. During the fiscal period, the Fund utilized forward foreign currency contracts as hedges to offset Japanese yen currency exposure from positions in Japanese equities. The Fund’s use of forward foreign currency contracts detracted from performance as a result of the U.S. dollar weakening against the Japanese yen during the period.

The following performance table 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, 2015, as revised November 12, 2015, 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, 2016, unless earlier terminated by the Board of Trustees of the Trust for any reason at any time.

Performance as of 3/31/16

 

        Cumulative Total Return  
        Since
Inception1
 

Fund NAV Returns

       -11.73

Fund Market Price Returns

       -12.13

WisdomTree Japan Hedged Quality Dividend Growth Index

       -11.18

JPX-Nikkei 400 Local Currency Index

       -14.67
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on April 9, 2015.

 

LOGO

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      25   


Table of Contents

Performance Summary (unaudited)

WisdomTree Japan Hedged Real Estate Fund (DXJR)

 

Industry Breakdown† as of 3/31/16

 

Industry   % of Net Assets  

Real Estate Management & Development

    37.9%   

Real Estate Investment Trusts (REITs)

    32.0%   

Construction & Engineering

    13.4%   

Household Durables

    8.3%   

Building Products

    3.9%   

Transportation Infrastructure

    2.6%   

Construction Materials

    1.5%   

Other Assets less Liabilities

    0.4%   

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 3/31/16

 

Description   % of Net Assets  

Mitsubishi Estate Co., Ltd.

    8.1%   

Mitsui Fudosan Co., Ltd.

    8.1%   

Daiwa House Industry Co., Ltd.

    5.9%   

Sumitomo Realty & Development Co., Ltd.

    4.6%   

Daito Trust Construction Co., Ltd.

    4.0%   

Sekisui House Ltd.

    3.5%   

Nippon Building Fund, Inc.

    2.7%   

Taisei Corp.

    2.6%   

Japan Real Estate Investment Corp.

    2.4%   

Obayashi Corp.

    2.4%   
* 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 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 -2.21% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in Daiwa House Industry Co., Ltd. The Fund’s position in Mitsubishi Estate Co., Ltd. created the greatest drag on performance. During the fiscal year, the Fund utilized forward foreign currency contracts as hedges to offset Japanese yen currency exposure from positions in Japanese equities. The Fund’s use of forward foreign currency contracts detracted from performance as a result of the U.S. dollar weakening against the Japanese yen during the period.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.48%.

Performance as of 3/31/16

 

        Average Annual Total Return  
        1 Year      Since
Inception1
 

Fund NAV Returns

       -2.21      9.59

Fund Market Price Returns

       -2.33      10.45

WisdomTree Japan Hedged Real Estate Index

       -1.72      10.47

MSCI Japan Local Currency Index

       -12.90      7.91
1 

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

 

LOGO

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.

 

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


Table of Contents

Performance Summary (unaudited)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Industrials

    24.3%   

Consumer Discretionary

    23.5%   

Materials

    12.2%   

Information Technology

    11.8%   

Consumer Staples

    11.1%   

Financials

    9.9%   

Healthcare

    4.8%   

Energy

    0.9%   

Utilities

    0.5%   

Other Assets less Liabilities

    1.0%   

Total

    100.0%   

 

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

 

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

Top Ten Holdings* as of 3/31/16

 

Description   % of Net Assets  

Park24 Co., Ltd.

    0.9%   

Benesse Holdings, Inc.

    0.9%   

Matsui Securities Co., Ltd.

    0.8%   

Heiwa Corp.

    0.8%   

Daiichikosho Co., Ltd.

    0.6%   

Canon Marketing Japan, Inc.

    0.6%   

Kaneka Corp.

    0.6%   

Coca-Cola West Co., Ltd.

    0.5%   

Nippon Paper Industries Co., Ltd.

    0.5%   

DIC Corp.

    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 Fund (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 -3.83% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in the Consumer Staples sector. The Fund’s position in the Financials sector created the greatest drag on performance. During the fiscal year, the Fund utilized forward foreign currency contracts as hedges to offset Japanese yen currency exposure from positions in Japanese equities. The Fund’s use of forward foreign currency contracts detracted from performance as a result of the U.S. dollar weakening against the Japanese yen during the period.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.58%.

Performance as of 3/31/16

 

        Average Annual Total Return  
        1 Year      Since
Inception1
 

Fund NAV Returns

       -3.83      11.43

Fund Market Price Returns

       -4.46      10.91

WisdomTree Japan Hedged SmallCap Equity Index

       -3.04      12.57

MSCI Japan Small Cap Local Currency Index

       -2.52      13.66
1 

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

 

LOGO

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      27   


Table of Contents

Performance Summary (unaudited)

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

 

Industry Breakdown† as of 3/31/16

 

Industry   % of Net Assets  

Electronic Equipment, Instruments & Components

    25.5%   

Wireless Telecommunication Services

    21.6%   

Technology Hardware, Storage & Peripherals

    13.7%   

Household Durables

    11.7%   

IT Services

    7.0%   

Media

    4.9%   

Semiconductors & Semiconductor Equipment

    4.1%   

Software

    3.4%   

Leisure Products

    2.6%   

Internet Software & Services

    2.5%   

Internet & Catalog Retail

    2.1%   

Trading Companies & Distributors

    0.1%   

Communications Equipment

    0.1%   

Commercial Services & Supplies

    0.1%   

Other Assets less Liabilities

    0.6%   

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 3/31/16

 

Description   % of Net Assets  

SoftBank Group Corp.

    8.2%   

KDDI Corp.

    8.0%   

Canon, Inc.

    5.7%   

NTT DOCOMO, Inc.

    5.3%   

Sony Corp.

    5.3%   

Murata Manufacturing Co., Ltd.

    4.5%   

Keyence Corp.

    4.3%   

Hitachi Ltd.

    4.1%   

Panasonic Corp.

    3.7%   

FUJIFILM Holdings 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 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 -12.99% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in NTT DOCOMO, Inc. The Fund’s position in Hitachi Ltd. created the greatest drag on performance. During the fiscal year, the Fund utilized forward foreign currency contracts as hedges to offset Japanese yen currency exposure from positions in Japanese equities. The Fund’s use of forward foreign currency contracts detracted from performance as a result of the U.S. dollar weakening against the Japanese yen during the period.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.48%.

Performance as of 3/31/16

 

        Average Annual Total Return  
        1 Year      Since
Inception1
 

Fund NAV Returns

       -12.99      7.58

Fund Market Price Returns

       -13.11      8.31

WisdomTree Japan Hedged Tech, Media and Telecom Index

       -13.05      7.86

MSCI Japan Local Currency Index

       -12.90      7.91
1 

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

 

LOGO

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.

 

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


Table of Contents

Performance Summary (unaudited)

WisdomTree Japan Quality Dividend Growth Fund (JDG)

(formerly, WisdomTree Japan Dividend Growth Fund)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Consumer Discretionary

    23.1%   

Industrials

    21.4%   

Consumer Staples

    12.7%   

Information Technology

    12.6%   

Telecommunication Services

    11.4%   

Healthcare

    6.6%   

Materials

    6.6%   

Financials

    4.6%   

Other Assets less Liabilities

    1.0%   

Total

    100.0%   

 

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

 

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

Top Ten Holdings* as of 3/31/16

 

Description   % of Net Assets  

NTT DOCOMO, Inc.

    6.7%   

Japan Tobacco, Inc.

    5.4%   

Toyota Motor Corp.

    4.0%   

KDDI Corp.

    3.9%   

Canon, Inc.

    3.9%   

Nissan Motor Co., Ltd.

    2.8%   

Honda Motor Co., Ltd.

    2.7%   

FANUC Corp.

    2.4%   

Mitsui & Co., Ltd.

    2.1%   

Bridgestone Corp.

    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 Japan Quality Dividend Growth Fund (the ‘‘Fund’’) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Japan Quality Dividend Growth Index. Prior to March 31, 2016, the WisdomTree Japan Quality Dividend Growth Index was named the WisdomTree Japan Dividend Growth Index.

The Fund returned -6.07% at net asset value (“NAV”) from Fund inception on May 28, 2015 to March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in the Telecommunication Services sector. The Fund’s position in the Industrials sector created the greatest drag on performance.

The following performance table 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, 2015, as revised November 12, 2015, 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, 2016, unless earlier terminated by the Board of Trustees of the Trust for any reason at any time.

Performance as of 3/31/16

 

        Cumulative Total Return  
        Since
Inception1
 

Fund NAV Returns

       -6.07

Fund Market Price Returns

       -6.81

WisdomTree Japan Quality Dividend Growth Index

       -5.62

JPX-Nikkei 400 Index

       -9.86
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on May 28, 2015.

 

LOGO

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      29   


Table of Contents

Performance Summary (unaudited)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Industrials

    24.0%   

Consumer Discretionary

    23.6%   

Materials

    12.1%   

Information Technology

    11.9%   

Consumer Staples

    11.0%   

Financials

    10.1%   

Healthcare

    5.0%   

Energy

    0.9%   

Utilities

    0.3%   

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 3/31/16

 

Description   % of Net Assets  

Park24 Co., Ltd.

    0.9%   

Matsui Securities Co., Ltd.

    0.9%   

Benesse Holdings, Inc.

    0.9%   

Heiwa Corp.

    0.8%   

Kaneka Corp.

    0.6%   

Daiichikosho Co., Ltd.

    0.6%   

Canon Marketing Japan, Inc.

    0.5%   

Coca-Cola West Co., Ltd.

    0.5%   

Mitsubishi Gas Chemical Co., Inc.

    0.5%   

Denka 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 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 3.51% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in the Consumer Staples sector. The Fund’s position in the Financials sector created the greatest drag on performance.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.58%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       3.51      6.03      7.07      2.55

Fund Market Price Returns

       3.03      5.73      7.05      2.65

WisdomTree Japan SmallCap Dividend Index

       3.48      6.71      7.67      3.18

MSCI Japan Small Cap Index

       4.02      7.19      7.64      1.75
1 

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

 

LOGO

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.

 

30   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 3/31/16

 

Sector   % of Net Assets  

Materials

    26.2%   

Information Technology

    25.8%   

Consumer Discretionary

    18.8%   

Energy

    11.0%   

Industrials

    10.6%   

Consumer Staples

    6.3%   

Healthcare

    0.4%   

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 3/31/16

 

Description   % of Net Assets  

Samsung Electronics Co., Ltd.

    9.5%   

S-Oil Corp.

    5.6%   

SK Innovation Co., Ltd.

    5.4%   

LG Chem Ltd.

    5.4%   

Lotte Chemical Corp.

    5.2%   

Hyundai Motor Co.

    5.0%   

Amorepacific Corp.

    4.9%   

Kia Motors Corp.

    4.9%   

Hyundai Steel Co.

    4.4%   

LG Display Co., Ltd.

    4.4%   
* 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 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 0.17% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in the Materials sector. The Fund’s position in the Information Technology sector created the greatest drag on performance. During the fiscal year, the Fund utilized forward foreign currency contracts as hedges to offset South Korean won currency exposure from positions in Korean equities. The Fund’s use of forward foreign currency contracts contributed positively to performance as a result of the U.S. dollar strengthening against the South Korean won during the period.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.58%.

Performance as of 3/31/16

 

        Average Annual Total Return  
        1 Year      Since Inception1  

Fund NAV Returns

       0.17      -5.12

Fund Market Price Returns

       0.54      -4.92

WisdomTree Korea Hedged Equity Index

       2.09      -3.94

MSCI Korea Local Currency Index

       -3.01      -2.24
1 

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

 

LOGO

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      31   


Table of Contents

Performance Summary (unaudited)

WisdomTree United Kingdom Hedged Equity Fund (DXPS)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Consumer Staples

    26.0%   

Energy

    16.1%   

Financials

    12.4%   

Healthcare

    11.0%   

Telecommunication Services

    7.9%   

Materials

    7.0%   

Industrials

    6.4%   

Utilities

    5.6%   

Consumer Discretionary

    5.5%   

Information Technology

    1.4%   

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 3/31/16

 

Description   % of Net Assets  

British American Tobacco PLC

    6.7%   

Royal Dutch Shell PLC, Class B

    6.1%   

GlaxoSmithKline PLC

    5.8%   

Vodafone Group PLC

    5.3%   

Royal Dutch Shell PLC, Class A

    5.1%   

SABMiller PLC

    5.0%   

AstraZeneca PLC

    4.6%   

BP PLC

    4.5%   

National Grid PLC

    4.3%   

Imperial Brands PLC

    4.2%   
* 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 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 -5.15% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in the Consumer Staples sector. The Fund’s position in the Financials sector created the greatest drag on performance. During the fiscal year, the Fund utilized forward foreign currency contracts as hedges to offset British pound currency exposure from positions in United Kingdom equities. The Fund’s use of forward foreign currency contracts contributed positively to performance as a result of the U.S. dollar strengthening against the British pound during the period.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.48%.

Performance as of 3/31/16

 

        Average Annual Total Return  
        1 Year      Since Inception1  

Fund NAV Returns

       -5.15      3.04

Fund Market Price Returns

       -6.21      2.42

WisdomTree United Kingdom Hedged Equity Index

       -4.65      3.70

MSCI United Kingdom Local Currency Index

       -5.85      2.99
1 

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

 

LOGO

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.

 

32   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 Dow Jones Global ex-U.S. Select Real Estate Securities Index (USD) Hedged 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 USD-hedged version of this index is designed to hedge against U.S. dollar risk.

The JPX-Nikkei 400 Index is a free-float adjusted market capitalization index composed of Japanese companies whose main market is the TSE First Section, Second Section, Mothers or JASDAQ market (in principal).

The JPX-Nikkei 400 Local Currency Index is a free-float adjusted market capitalization index composed of Japanese companies whose main market is the TSE First Section, Second Section, Mothers or JASDAQ market (in principal), calculated in local currency.

The MSCI AC World ex-USA Local Currency Index is a float-adjusted market capitalization index that is designed to measure the combined equity market performance of developed and emerging market countries, excluding the United States, in local currency.

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 which is calculated in local currency.

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. & Canada.

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

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

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 European Economic and Monetary Union (EMU) Small Cap Local Currency Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of small-cap stocks from 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.

 

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


Table of Contents

Description of Indexes (unaudited) (continued)

 

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 calculated in local currency.

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 calculated in local currency.

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.

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

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 International Equity 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 Hedged SmallCap Equity Index is a dividend weighted index designed to provide exposure to small cap equity securities within Europe, while at the same time neutralizing exposure to fluctuations between the value of the euro and the U.S. dollar.

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

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 Global ex-U.S. Hedged Dividend Index measures the performance of dividend-paying companies in the developed and emerging markets outside of the United States while at the same time neutralizing exposure to fluctuations of foreign currency movements relative to the U.S. dollar.

The WisdomTree Global ex-US Hedged Real Estate Index is a fundamentally weighted index that measures the performance of companies from developed and emerging markets outside of the United States that are classified as being part of the “Global Real Estate.”

 

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


Table of Contents

Description of Indexes (unaudited) (continued)

 

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

The WisdomTree International Hedged Equity Index is a fundamentally weighted Index that measures the performance of dividend-paying companies in the industrialized world, excluding Canada and the United States, that pay regular cash dividends and that meet other liquidity and capitalization requirements while at the same time neutralizing exposure to fluctuations of the foreign currencies relative to the U.S. dollar.

The WisdomTree International Hedged Quality 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 Hedged SmallCap Dividend Index is a fundamentally weighted index that measures the performance of the small-capitalization segment of the dividend-paying market in the industrialized world outside the U.S. and Canada while at the same time neutralizing exposure to fluctuations of the foreign currencies relative to the U.S. dollar.

The WisdomTree International High Dividend Index is comprised of companies with high dividend yields selected from the WisdomTree International Equity Index.

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 International Equity 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.

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.

WisdomTree Japan Hedged Quality Dividend Growth Index is a fundamentally weighted index that measures the performance of dividend-paying common stocks with growth characteristics selected from the WisdomTree International Equity Index while at the same time neutralizing exposure to fluctuations between the Yen and the U.S. dollar.

 

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


Table of Contents

Description of Indexes (unaudited) (continued)

 

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.

WisdomTree Japan Quality Dividend Growth Index is a fundamentally weighted index that measures the performance of dividend-paying common stocks with growth characteristics selected from the WisdomTree International Equity index.

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.

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 Investments and WisdomTree Asset Management (together, “WisdomTree”) and the Funds make no representation or warranty, express or implied, to the owners of shares of the Funds or any member of the public regarding the advisability of investing in securities generally or in the Funds particularly or the ability of the underlying Indexes to track the performance of their underlying securities. WisdomTree Investments is the licensor of certain trademarks, service marks and trade names of the Funds. WisdomTree Investments has no obligation to take the needs of the

 

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


Table of Contents

Description of Indexes (unaudited) (concluded)

 

Funds or the owners of shares of the Funds into consideration in determining, composing, or calculating the underlying WisdomTree Indexes of the applicable Funds. WisdomTree Investments is not responsible for, and has not participated in, the determination of the timing of, prices of, or quantities of shares of the Funds to be issued or in the determination or calculation of the equation by which the shares of the Funds are redeemable. WisdomTree and the Funds do not guarantee the accuracy, completeness, or performance of the underlying Indexes or the data included therein and shall have no liability in connection with the underlying Indexes or their calculation.

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

 

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


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 October 1, 2015 to March 31, 2016.

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 10/1/15 to 3/31/16” 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.

 

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


Table of Contents

Shareholder Expense Examples (unaudited) (continued)

 

     Beginning
Account Value
10/1/15
    Ending
Account Value
3/31/16
    Annualized
Expense Ratio
Based on the
Period
10/1/15  to
3/31/16
    Expenses Paid
During the
Period†
10/1/15 to
3/31/16
 

WisdomTree Australia Dividend Fund

       

Actual

  $ 1,000.00      $ 1,170.40        0.58   $ 3.15   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.10        0.58   $ 2.93   

WisdomTree Europe Hedged Equity Fund

       

Actual

  $ 1,000.00      $ 1,026.50        0.58   $ 2.94   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.10        0.58   $ 2.93   

WisdomTree Europe Hedged SmallCap Equity Fund

       

Actual

  $ 1,000.00      $ 1,044.40        0.58   $ 2.96   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.10        0.58   $ 2.93   

WisdomTree Europe Quality Dividend Growth Fund

       

Actual

  $ 1,000.00      $ 1,053.20        0.58   $ 2.98   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.10        0.58   $ 2.93   

WisdomTree Europe SmallCap Dividend Fund

       

Actual

  $ 1,000.00      $ 1,065.10        0.58   $ 2.99   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.10        0.58   $ 2.93   

WisdomTree Germany Hedged Equity Fund

       

Actual

  $ 1,000.00      $ 1,045.30        0.48   $ 2.45   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.60        0.48   $ 2.43   

WisdomTree Global ex-U.S. Hedged Dividend Fund

       

Actual

  $ 1,000.00      $ 1,002.10        0.44   $ 2.20   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.80        0.44   $ 2.23   

WisdomTree Global ex-U.S. Hedged Real Estate Fund

       

Actual1

  $ 1,000.00      $ 989.40        0.43 %*    $ 1.81   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.85        0.43 %*    $ 2.17   

WisdomTree International Dividend ex-Financials Fund

       

Actual

  $ 1,000.00      $ 1,019.40        0.58   $ 2.93   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.10        0.58   $ 2.93   

WisdomTree International Equity Fund

       

Actual

  $ 1,000.00      $ 1,022.60        0.48   $ 2.43   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.60        0.48   $ 2.43   

WisdomTree International Hedged Equity Fund

       

Actual

  $ 1,000.00      $ 1,006.00        0.35   $ 1.76   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,023.25        0.35   $ 1.77   

WisdomTree International Hedged Quality Dividend Growth Fund

       

Actual

  $ 1,000.00      $ 1,051.50        0.58   $ 2.97   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.10        0.58   $ 2.93   

WisdomTree International Hedged SmallCap Dividend Fund

       

Actual

  $ 1,000.00      $ 1,042.90        0.00 %**    $ 0.00   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,025.00        0.00 %**    $ 0.00   

WisdomTree International High Dividend Fund

       

Actual

  $ 1,000.00      $ 1,017.50        0.58   $ 2.93   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.10        0.58   $ 2.93   

WisdomTree International LargeCap Dividend Fund

       

Actual

  $ 1,000.00      $ 1,007.50        0.48   $ 2.41   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.60        0.48   $ 2.43   

WisdomTree International MidCap Dividend Fund

       

Actual

  $ 1,000.00      $ 1,060.70        0.58   $ 2.99   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.10        0.58   $ 2.93   

 

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


Table of Contents

Shareholder Expense Examples (unaudited) (concluded)

 

     Beginning
Account Value
10/1/15
    Ending
Account Value
3/31/16
    Annualized
Expense Ratio
Based on the
Period
10/1/15  to
3/31/16
    Expenses Paid
During the
Period†
10/1/15 to
3/31/16
 

WisdomTree International SmallCap Dividend Fund

       

Actual

  $ 1,000.00      $ 1,078.10        0.58   $ 3.01   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.10        0.58   $ 2.93   

WisdomTree Japan Hedged Capital Goods Fund

       

Actual

  $ 1,000.00      $ 955.50        0.48   $ 2.35   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.60        0.48   $ 2.43   

WisdomTree Japan Hedged Equity Fund

       

Actual

  $ 1,000.00      $ 957.70        0.48   $ 2.35   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.60        0.48   $ 2.43   

WisdomTree Japan Hedged Financials Fund

       

Actual

  $ 1,000.00      $ 775.20        0.48   $ 2.13   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.60        0.48   $ 2.43   

WisdomTree Japan Hedged Health Care Fund

  

     

Actual

  $ 1,000.00      $ 1,106.10        0.48   $ 2.53   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.60        0.48   $ 2.43   

WisdomTree Japan Hedged Quality Dividend Growth Fund

       

Actual

  $ 1,000.00      $ 1,013.70        0.43 %***    $ 2.16   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.85        0.43 %***    $ 2.17   

WisdomTree Japan Hedged Real Estate Fund

       

Actual

  $ 1,000.00      $ 1,020.50        0.48   $ 2.42   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.60        0.48   $ 2.43   

WisdomTree Japan Hedged SmallCap Equity Fund

       

Actual

  $ 1,000.00      $ 983.70        0.58   $ 2.88   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.10        0.58   $ 2.93   

WisdomTree Japan Hedged Tech, Media and Telecom Fund

       

Actual

  $ 1,000.00      $ 999.60        0.48   $ 2.40   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.60        0.48   $ 2.43   

WisdomTree Japan Quality Dividend Growth Fund

       

Actual

  $ 1,000.00      $ 1,080.40        0.43 %***    $ 2.24   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.85        0.43 %***    $ 2.17   

WisdomTree Japan SmallCap Dividend Fund

       

Actual

  $ 1,000.00      $ 1,053.10        0.58   $ 2.98   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.10        0.58   $ 2.93   

WisdomTree Korea Hedged Equity Fund

       

Actual

  $ 1,000.00      $ 1,102.60        0.58   $ 3.05   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.10        0.58   $ 2.93   

WisdomTree United Kingdom Hedged Equity Fund

       

Actual

  $ 1,000.00      $ 1,047.10        0.48   $ 2.46   

Hypothetical (5% return before expenses)

  $ 1,000.00      $ 1,022.60        0.48   $ 2.43   
Expenses are calculated using each Fund’s annualized expense ratio, multiplied by the average account value for the period, multiplied by 183/366 (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, 2017, unless earlier terminated by the Board of Trustees of the WisdomTree Trust for any reason.

 

** WisdomTree Asset Management, Inc. has contractually agreed to waive a portion of its management fee in an amount equal to the AFFEs attributable to the Fund’s investments in the Underlying Fund through July 31, 2018, unless earlier terminated by the Board of Trustees of the WisdomTree Trust for any reason.

 

*** WisdomTree Asset Management, Inc. has contractually agreed to limit the management fee to 0.43% through July 31, 2016, unless earlier terminated by the Board of Trustees of the WisdomTree Trust for any reason.

 

1 

Fund commenced operations on October 29, 2015. Actual expenses are calculated using the Fund’s annualized expense ratio, multiplied by the average account value for the period, multiplied by 155/366 (to reflect the period since commencement of operations).

 

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


Table of Contents

Schedule of Investments

WisdomTree Australia Dividend Fund (AUSE)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.2%      
Australia – 99.2%      
Banks – 9.5%      

Australia & New Zealand Banking Group Ltd.

     39,058       $ 704,864   

Commonwealth Bank of Australia

     13,663         787,429   

National Australia Bank Ltd.

     38,732         781,810   

Westpac Banking Corp.

     39,738         927,752   
     

 

 

 
Total Banks               3,201,855   
Beverages – 4.4%      

Coca-Cola Amatil Ltd.

     100,189         681,302   

Treasury Wine Estates Ltd.

     108,397         803,825   
     

 

 

 
Total Beverages               1,485,127   
Biotechnology – 1.1%      

CSL Ltd.

     3,809         297,227   

Sirtex Medical Ltd.

     4,087         90,922   
     

 

 

 
Total Biotechnology               388,149   
Capital Markets – 1.7%      

Macquarie Group Ltd.

     11,410         580,081   
Chemicals – 2.7%      

Incitec Pivot Ltd.

     163,832         402,029   

Orica Ltd.

     44,752         529,119   
     

 

 

 
Total Chemicals               931,148   
Commercial Services & Supplies – 4.6%      

Brambles Ltd.

     49,898         465,214   

Downer EDI Ltd.

     172,182         508,612   

Recall Holdings Ltd.

     68,353         394,354   

Spotless Group Holdings Ltd.

     206,777         200,419   
     

 

 

 
Total Commercial Services & Supplies               1,568,599   
Construction & Engineering – 3.6%      

CIMIC Group Ltd.

     45,331         1,212,111   
Construction Materials – 3.4%      

Adelaide Brighton Ltd.

     172,744         673,718   

Boral Ltd.

     98,323         467,424   
     

 

 

 
Total Construction Materials               1,141,142   
Containers & Packaging – 1.7%      

Amcor Ltd.

     52,143         575,593   
Diversified Telecommunication Services – 3.0%      

Telstra Corp., Ltd.

     183,550         752,573   

TPG Telecom Ltd.

     29,849         260,382   
     

 

 

 
Total Diversified Telecommunication Services               1,012,955   
Food & Staples Retailing – 4.4%      

Wesfarmers Ltd.

     24,699         787,537   

Woolworths Ltd.

     41,876         711,910   
     

 

 

 
Total Food & Staples Retailing               1,499,447   
Food Products – 0.9%      

GrainCorp Ltd. Class A

     51,190         296,909   
Health Care Equipment & Supplies – 2.3%      

Ansell Ltd.

     18,056         240,151   

Cochlear Ltd.

     6,819         536,616   
     

 

 

 
Total Health Care Equipment & Supplies               776,767   
Health Care Providers & Services – 4.3%      

Healthscope Ltd.

     98,187       200,911   

Primary Health Care Ltd.

     162,265         468,083   

Ramsay Health Care Ltd.

     5,273         248,892   

Sonic Healthcare Ltd.

     38,310         553,446   
     

 

 

 
Total Health Care Providers & Services               1,471,332   
Hotels, Restaurants & Leisure – 10.1%      

Aristocrat Leisure Ltd.

     60,048         475,777   

Crown Resorts Ltd.

     49,723         476,588   

Domino’s Pizza Enterprises Ltd.

     6,770         299,345   

Flight Centre Travel Group Ltd.(a)

     17,113         569,087   

Star Entertainment Grp Ltd. (The)

     99,866         436,348   

Tabcorp Holdings Ltd.

     165,500         544,890   

Tatts Group Ltd.

     206,865         601,515   
     

 

 

 
Total Hotels, Restaurants & Leisure               3,403,550   
Insurance – 9.1%      

AMP Ltd.

     139,538         621,496   

Insurance Australia Group Ltd.

     282,391         1,212,139   

QBE Insurance Group Ltd.

     39,616         332,478   

Suncorp Group Ltd.

     98,149         899,218   
     

 

 

 
Total Insurance               3,065,331   
Internet Software & Services – 1.9%      

carsales.com Ltd.(a)

     69,985         633,111   
IT Services – 0.9%      

Computershare Ltd.

     42,690         321,168   
Media – 3.1%      

Fairfax Media Ltd.

     965,377         638,650   

REA Group Ltd.

     9,789         406,856   
     

 

 

 
Total Media               1,045,506   
Metals & Mining – 7.4%      

Alumina Ltd.

     163,788         163,792   

BHP Billiton Ltd.

     39,398         510,974   

Fortescue Metals Group Ltd.(a)

     496,693         974,307   

Iluka Resources Ltd.

     56,359         284,403   

Rio Tinto Ltd.

     17,514         575,147   
     

 

 

 
Total Metals & Mining               2,508,623   
Multi-Utilities – 2.3%      

AGL Energy Ltd.

     55,315         782,939   
Multiline Retail – 1.8%      

Harvey Norman Holdings Ltd.

     167,194         604,485   
Oil, Gas & Consumable Fuels – 6.6%      

Caltex Australia Ltd.

     14,764         386,372   

Origin Energy Ltd.

     75,481         295,544   

Santos Ltd.

     132,854         411,858   

Woodside Petroleum Ltd.

     56,320         1,124,695   
     

 

 

 
Total Oil, Gas & Consumable Fuels               2,218,469   
Professional Services – 2.3%      

ALS Ltd.

     136,077         417,662   

Seek Ltd.

     28,567         355,558   
     

 

 

 
Total Professional Services               773,220   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (concluded)

WisdomTree Australia Dividend Fund (AUSE)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Real Estate Management & Development – 2.1%      

LendLease Group

     65,341       $ 697,155   
Road & Rail – 3.1%      

Asciano Ltd.

     85,522         589,458   

Aurizon Holdings Ltd.

     152,307         463,962   
     

 

 

 
Total Road & Rail               1,053,420   
Transportation Infrastructure – 0.9%      

Qube Holdings Ltd.(a)

     172,118         312,468   

TOTAL COMMON STOCKS

(Cost: $36,886,257)

              33,560,660   
RIGHTS – 0.0%      
Australia – 0.0%      
Qube Holdings Ltd., expiring 4/1/16*
(Cost $0)
     37,094         8,846   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 4.9%   
United States – 4.9%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(b)

     
(Cost: $1,647,113)(c)      1,647,113         1,647,113   

TOTAL INVESTMENTS IN SECURITIES – 104.1%

(Cost: $38,533,370)

        35,216,619   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (4.1)%

        (1,399,747
     

 

 

 
NET ASSETS – 100.0%             $ 33,816,872   
* 

Non-income producing security.

 

(a)

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b)

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(c)

At March 31, 2016, the total market value of the Fund’s securities on loan was $1,786,687 and the total market value of the collateral held by the Fund was $1,890,391. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $243,278.

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments

WisdomTree Europe Hedged Equity Fund (HEDJ)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 100.5%      
Austria – 0.4%      

Andritz AG(a)

     543,833       $ 29,904,838   

Lenzing AG

     166,617         13,209,150   

RHI AG

     306,197         5,991,076   

Schoeller-Bleckmann Oilfield Equipment AG(a)

     169,039         10,307,550   
     

 

 

 
Total Austria               59,412,614   
Belgium – 8.1%      

Anheuser-Busch InBev N.V.

     6,985,712         869,692,442   

Bekaert S.A.

     472,485         19,224,305   

Delhaize Group

     651,660         68,133,502   

Melexis N.V.

     172,982         9,422,418   

Solvay S.A.

     717,424         72,066,228   

UCB S.A.

     897,694         68,784,344   
     

 

 

 
Total Belgium               1,107,323,239   
Finland – 4.3%      

Amer Sports Oyj

     703,506         20,482,940   

Cargotec Oyj Class B(a)

     445,177         14,402,294   

Huhtamaki Oyj(a)

     616,607         22,927,626   

Kemira Oyj(a)

     1,903,579         21,280,091   

Kone Oyj Class B

     4,567,380         220,473,639   

Konecranes Oyj(a)

     681,547         16,294,268   

Metso Oyj(a)

     1,680,642         40,161,250   

Nokia Oyj

     23,060,518         137,305,814   

Valmet Oyj(a)

     1,336,136         14,738,714   

Wartsila Oyj Abp

     1,696,300         76,876,186   
     

 

 

 
Total Finland               584,942,822   
France – 27.0%      

Air Liquide S.A.

     1,672,535         188,478,217   

Airbus Group SE

     4,499,906         299,211,220   

Arkema S.A.

     468,664         35,237,694   

BioMerieux

     93,517         10,726,003   

Bourbon S.A.(a)

     461,835         6,915,376   

Bureau Veritas S.A.(a)

     2,161,185         48,208,907   

Casino Guichard Perrachon S.A.(a)

     848,819         48,731,169   

Christian Dior SE

     669,757         121,657,574   

Cie Generale des Etablissements Michelin

     1,081,812         110,863,851   

Danone S.A.

     3,601,678         256,559,414   

Dassault Systemes

     388,310         30,855,445   

Edenred

     1,821,368         35,429,481   

Essilor International S.A.

     456,484         56,466,252   

Hermes International

     174,906         61,677,785   

Imerys S.A.(a)

     387,304         27,050,493   

Ingenico Group S.A.

     113,366         13,041,355   

IPSOS

     235,479         5,509,025   

Kering

     670,855         120,098,731   

L’Oreal S.A.

     1,952,314         350,288,522   

Legrand S.A.

     1,307,424         73,368,927   

LVMH Moet Hennessy Louis Vuitton SE

     2,205,590         378,263,866   

Pernod Ricard S.A.

     956,744         106,845,294   

Publicis Groupe S.A.

     870,792         61,235,540   

Rallye S.A.(a)

     513,729         8,933,511   

Remy Cointreau S.A.(a)

     258,632       19,664,000   

Rubis SCA

     308,946         24,844,844   

Safran S.A.

     1,838,041         128,772,352   

Saft Groupe S.A.

     61,597         1,866,429   

Sanofi

     6,605,821         533,410,454   

Schneider Electric SE

     3,727,318         235,904,321   

SCOR SE

     2,091,794         74,371,592   

Societe BIC S.A.

     213,170         32,113,757   

Sodexo S.A.

     701,961         75,784,421   

Technicolor S.A. Registered Shares

     919,153         5,750,343   

Technip S.A.

     925,155         51,353,045   

Teleperformance

     215,260         18,951,850   

Valeo S.A.

     275,162         42,895,144   

Zodiac Aerospace

     311,100         6,242,994   
     

 

 

 
Total France               3,707,579,198   
Germany – 26.5%      

adidas AG

     1,178,485         138,323,146   

Bayer AG Registered Shares

     3,548,234         417,682,373   

Bayerische Motoren Werke AG

     4,233,472         389,317,387   

Brenntag AG

     719,734         41,172,696   

Daimler AG Registered Shares

     7,805,790         599,262,337   

Duerr AG

     175,382         13,804,099   

Fresenius Medical Care AG & Co. KGaA

     849,189         75,325,281   

Fresenius SE & Co. KGaA

     1,122,626         82,143,148   

GEA Group AG

     757,061         37,096,497   

Hannover Rueck SE

     1,005,502         117,331,999   

HeidelbergCement AG

     562,187         48,208,196   

Hochtief AG

     407,690         49,965,938   

Infineon Technologies AG

     4,510,820         64,279,541   

K+S AG Registered Shares(a)

     1,472,015         34,496,459   

Krones AG

     127,981         15,437,250   

LANXESS AG

     244,539         11,770,790   

Linde AG

     756,461         110,382,366   

Merck KGaA

     1,150,088         96,078,865   

MTU Aero Engines AG

     260,483         25,020,098   

NORMA Group SE

     151,424         8,494,897   

OSRAM Licht AG

     444,744         22,960,948   

SAP SE

     5,178,933         419,607,717   

Siemens AG Registered Shares

     7,012,011         744,318,856   

Software AG

     479,427         18,769,211   

Symrise AG

     477,654         32,114,340   

Wacker Chemie AG(a)

     171,596         15,123,242   
     

 

 

 
Total Germany               3,628,487,677   
Ireland – 1.1%      

CRH PLC

     4,946,840         139,971,029   

Glanbia PLC

     868,333         17,751,797   
     

 

 

 
Total Ireland               157,722,826   
Italy – 1.8%      

DiaSorin SpA

     243,311         14,071,207   

Interpump Group SpA

     727,167         10,648,069   

Luxottica Group SpA

     3,198,451         176,772,626   

Moncler SpA

     446,944         7,563,332   

Parmalat SpA

     2,307,508         6,394,997   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree Europe Hedged Equity Fund (HEDJ)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Piaggio & C. SpA(a)

     1,757,532       $ 3,735,215   

Salini Impregilo SpA

     2,219,513         9,393,624   

Salvatore Ferragamo SpA(a)

     844,034         21,602,463   
     

 

 

 
Total Italy               250,181,533   
Netherlands – 9.2%      

Akzo Nobel N.V.

     1,452,398         99,139,343   

Arcadis N.V.

     429,015         8,012,813   

ASM International N.V.

     324,913         14,575,079   

ASML Holding N.V.

     926,975         94,309,573   

BE Semiconductor Industries N.V.

     712,588         19,561,803   

Boskalis Westminster

     1,264,361         49,772,547   

Corbion N.V.

     277,034         6,588,539   

Gemalto N.V.

     92,239         6,829,061   

Heineken Holding N.V.

     1,109,885         86,737,926   

Heineken N.V.

     2,626,067         238,355,488   

Koninklijke Ahold N.V.

     7,160,652         161,321,708   

Koninklijke DSM N.V.

     1,764,632         97,196,236   

Koninklijke Philips N.V.

     8,830,637         251,926,122   

Koninklijke Vopak N.V.

     825,444         41,166,896   

Wolters Kluwer N.V.

     2,247,724         89,853,736   
     

 

 

 
Total Netherlands               1,265,346,870   
Portugal – 0.6%      

Galp Energia, SGPS, S.A.

     6,786,491         85,455,718   
Spain – 14.5%      

Abengoa S.A. Class B(a)

     9,321,301         2,772,366   

Acerinox S.A.(a)

     2,571,488         29,830,865   

ACS Actividades de Construccion y Servicios S.A.

     3,961,209         118,221,599   

Banco Bilbao Vizcaya Argentaria S.A.

     70,363,326         468,426,532   

Banco Santander S.A.

     118,741,589         524,198,829   

Grifols S.A.(a)

     1,845,462         41,155,654   

Mapfre S.A.

     37,754,255         81,700,449   

Obrascon Huarte Lain S.A.(a)

     927,400         5,927,698   

Prosegur Cia de Seguridad S.A.

     3,719,557         20,981,184   

Tecnicas Reunidas S.A.(a)

     525,769         14,813,745   

Telefonica S.A.(a)

     58,752,218         659,602,424   

Viscofan S.A.(a)

     302,883         18,172,172   
     

 

 

 
Total Spain               1,985,803,517   
Switzerland – 0.5%      

STMicroelectronics N.V.(a)

     12,202,428         67,746,538   
United Kingdom – 6.5%      

CNH Industrial N.V.

     10,072,978         68,585,036   

RELX N.V.

     8,351,635         146,040,050   

Unilever N.V. CVA

     14,939,893         670,520,268   
     

 

 

 
Total United Kingdom               885,145,354   

TOTAL COMMON STOCKS

(Cost: $15,157,424,646)

              13,785,147,906   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.1%   
United States – 2.1%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(b)

     
(Cost: $291,263,715)(c)      291,263,715       291,263,715   

TOTAL INVESTMENTS IN SECURITIES – 102.6%

(Cost: $15,448,688,361)

  

  

     14,076,411,621   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (2.6)%

        (359,458,614
     

 

 

 
NET ASSETS – 100.0%             $ 13,716,953,007   

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(c) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $276,592,888 and the total market value of the collateral held by the Fund was $291,272,582. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $8,867.

CVA – Certificaten Van Aandelen (Certificate of Stock)

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS  
Settlement
Date
  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/4/2016

    EUR        787,461,615        USD        858,357,572      $ (38,994,700

4/4/2016

    EUR        262,363,488        USD        286,119,190        (12,857,252

4/4/2016

    EUR        787,034,896        USD        858,357,572        (38,508,431

4/4/2016

    EUR        788,909,839        USD        858,357,572        (40,645,024

4/4/2016

    EUR        788,359,162        USD        858,357,572        (40,017,500

4/4/2016

    EUR        786,747,788        USD        858,357,572        (38,181,258

4/4/2016

    EUR        788,047,935        USD        858,357,572        (39,662,841

4/4/2016

    EUR        788,022,614        USD        858,357,572        (39,633,986

4/4/2016

    EUR        789,229,004        USD        858,357,572        (41,008,728

4/4/2016

    EUR        789,045,468        USD        858,357,589        (40,799,563

4/4/2016

    EUR        788,978,728        USD        858,357,572        (40,723,526

4/4/2016

    EUR        788,333,820        USD        858,357,572        (39,988,622

4/4/2016

    EUR        788,907,664        USD        858,357,572        (40,642,545

4/4/2016

    EUR        789,241,340        USD        858,357,572        (41,022,786

4/4/2016

    EUR        789,234,809        USD        858,357,572        (41,015,344

4/4/2016

    EUR        789,225,375        USD        858,357,572        (41,004,593

4/4/2016

    EUR        789,229,004        USD        858,357,572        (41,008,728

4/4/2016

    EUR        262,775,526        USD        286,119,190        (13,326,790

4/4/2016

    USD        57,675,209        EUR        53,212,490        2,963,111   

4/4/2016

    USD        37,614,267        EUR        34,217,154        1,377,907   

4/4/2016

    USD        20,060,942        EUR        18,134,431        604,158   

4/4/2016

    USD        100,304,712        EUR        90,212,788        2,497,315   

4/4/2016

    USD        50,152,356        EUR        45,260,469        1,424,233   

4/4/2016

    USD        145,441,832        EUR        128,750,262        1,275,592   

4/4/2016

    USD        36,970,000        EUR        32,820,824        430,986   

4/4/2016

    USD        22,568,560        EUR        20,095,345        331,101   

4/4/2016

    USD        190,578,953        EUR        170,502,154        3,716,861   

4/4/2016

    USD        358,589,345        EUR        321,151,725        7,379,262   

4/4/2016

    USD        32,599,031        EUR        29,138,668        605,953   

4/4/2016

    USD        55,167,592        EUR        48,576,705        188,016   

4/4/2016

    USD        3,990,000        EUR        3,501,474        107   

4/4/2016

    USD        791,894,205        EUR        694,948,842        35,090   

4/4/2016

    USD        791,894,205        EUR        694,826,889        (103,882

4/4/2016

    USD        791,894,205        EUR        694,522,193        (451,097

4/4/2016

    USD        791,894,205        EUR        694,644,039        (312,247

4/4/2016

    USD        791,894,205        EUR        694,461,287        (520,504

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (concluded)

WisdomTree Europe Hedged Equity Fund (HEDJ)

March 31, 2016

 

  

 

 

Settlement
Date
  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/4/2016

    USD        791,894,205        EUR        694,035,237      $ (1,006,009

4/4/2016

    USD        791,894,205        EUR        694,339,505        (659,280

4/4/2016

    USD        791,894,205        EUR        694,918,349        343   

4/4/2016

    USD        659,911,837        EUR        579,069,659        (32,722

4/4/2016

    USD        659,911,837        EUR        579,124,034        29,242   

4/4/2016

    USD        791,894,205        EUR        694,704,979        (242,804

4/4/2016

    USD        791,894,205        EUR        694,826,889        (103,882

4/4/2016

    USD        791,894,205        EUR        694,918,349        343   

4/4/2016

    USD        791,894,205        EUR        694,918,349        343   

4/4/2016

    USD        527,929,470        EUR        463,278,900        228   

4/4/2016

    USD        791,894,206        EUR        695,131,852        243,639   

4/4/2016

    USD        791,894,205        EUR        694,918,349        343   

4/4/2016

    USD        3,040,000        EUR        2,667,853        153   

4/4/2016

    USD        3,990,000        EUR        3,501,474        107   

4/4/2016

    USD        263,964,735        EUR        231,639,450        114   

4/4/2016

    USD        3,990,000        EUR        3,501,557        201   

4/4/2016

    USD        3,990,000        EUR        3,501,434        61   

5/3/2016

    EUR        136,469,882        USD        155,640,489        (7,155

5/3/2016

    EUR        694,363,858        USD        791,894,205        (46,820

5/3/2016

    EUR        694,236,024        USD        791,894,205        98,978   

5/3/2016

    EUR        693,883,203        USD        791,894,205        501,380   

5/3/2016

    EUR        694,052,877        USD        791,894,205        307,862   

5/3/2016

    EUR        693,442,680        USD        791,894,205        1,003,808   

5/3/2016

    EUR        693,740,351        USD        791,894,205        664,306   

5/3/2016

    EUR        693,934,887        USD        791,894,205        442,433   

5/3/2016

    EUR        694,339,505        USD        791,894,205        (19,045

5/3/2016

    EUR        578,592,410        USD        659,911,837        11,324   

5/3/2016

    EUR        694,535,595        USD        791,894,206        (242,691

5/3/2016

    EUR        694,114,321        USD        791,894,205        237,784   

5/3/2016

    EUR        462,888,944        USD        527,929,470        (8,067

5/3/2016

    EUR        694,332,199        USD        791,894,205        (10,713

5/3/2016

    EUR        694,332,199        USD        791,894,205        (10,713

5/3/2016

    EUR        694,238,458        USD        791,894,205        96,202   

5/3/2016

    EUR        578,642,129        USD        659,911,837        (45,382

5/3/2016

    EUR        694,336,461        USD        791,894,205        (15,573

5/3/2016

    EUR        231,443,458        USD        263,964,735        (2,876

5/3/2016

    EUR        136,470,361        USD        155,640,489        (7,701

5/3/2016

    EUR        136,476,105        USD        155,640,489        (14,252

5/3/2016

    EUR        103,978,605        USD        118,583,232        (7,219

5/3/2016

    EUR        136,468,327        USD        155,640,489        (5,381

5/3/2016

    USD        15,846,209        EUR        13,894,443        784   
                                    $ (646,448,562

 

CURRENCY LEGEND
EUR   – Euro
USD   – U.S. dollar

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments

WisdomTree Europe Hedged SmallCap Equity Fund (EUSC)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 100.2%      
Austria – 3.9%      

Austria Technologie & Systemtechnik AG

     12,494       $ 183,664   

Lenzing AG

     8,849         701,536   

Oesterreichische Post AG

     56,751         2,310,682   

POLYTEC Holding AG

     52,361         451,687   

RHI AG

     26,468         517,875   

Schoeller-Bleckmann Oilfield Equipment AG

     8,226         501,600   

Semperit AG Holding

     12,224         473,615   

Telekom Austria AG

     115,996         714,715   

UNIQA Insurance Group AG

     239,094         1,682,983   

Vienna Insurance Group AG Wiener Versicherung Gruppe

     105,678         2,239,913   

Wienerberger AG

     25,704         494,432   

Zumtobel Group AG

     7,877         132,175   
     

 

 

 
Total Austria         10,404,877   
Belgium – 8.9%      

Ackermans & van Haaren N.V.

     9,855         1,399,853   

Barco N.V.

     7,334         529,195   

Bekaert S.A.

     39,514         1,607,732   

bpost S.A.

     188,185         5,235,707   

Cie d’Entreprises CFE

     9,570         907,665   

Cofinimmo S.A.

     26,420         3,247,032   

D’ieteren S.A./N.V.

     26,287         1,108,348   

Econocom Group S.A./N.V.

     47,402         491,554   

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

     34,711         1,729,144   

Euronav N.V.

     47,472         486,384   

EVS Broadcast Equipment S.A.

     20,488         758,431   

Exmar N.V.

     57,085         479,948   

Kinepolis Group N.V.

     11,127         483,417   

Melexis N.V.

     15,997         871,365   

Ontex Group N.V.

     10,075         330,824   

Umicore S.A.

     51,212         2,553,191   

Warehouses De Pauw

     17,090         1,627,129   
     

 

 

 
Total Belgium         23,846,919   
Finland – 13.5%      

Aktia Bank Oyj

     42,910         480,180   

Amer Sports Oyj

     47,893         1,394,429   

Aspo Oyj

     25,523         216,100   

Atria Oyj

     22,585         224,939   

Cargotec Oyj Class B(a)

     21,239         687,121   

Caverion Corp.

     67,103         650,736   

Citycon Oyj

     391,159         988,663   

Cramo Oyj(a)

     27,104         559,352   

Elisa Oyj(a)

     152,873         5,952,636   

F-Secure Oyj(a)

     75,412         226,011   

Huhtamaki Oyj

     42,108         1,565,724   

Kemira Oyj

     148,575         1,660,919   

Kesko Oyj Class B

     59,310         2,623,041   

Konecranes Oyj(a)

     51,142         1,222,691   

Metsa Board Oyj

     142,469         954,622   

Metso Oyj(a)

     117,099         2,798,242   

Nokian Renkaat Oyj

     122,954         4,346,283   

Orion Oyj Class B

     81,577       2,700,520   

PKC Group Oyj(a)

     17,757         314,857   

Ramirent Oyj

     136,785         896,272   

Sanoma Oyj(a)

     159,580         781,953   

Technopolis Oyj

     96,649         413,012   

Tieto Oyj

     67,895         1,773,315   

Tikkurila Oyj

     37,174         676,092   

Uponor Oyj(a)

     46,992         683,295   

Valmet Oyj(a)

     79,023         871,691   

YIT Oyj

     73,668         417,559   
     

 

 

 
Total Finland         36,080,255   
France – 16.9%      

Alten S.A.

     16,654         1,023,677   

Altran Technologies S.A.

     57,197         793,879   

Arkema S.A.

     38,898         2,924,645   

Assystem

     17,116         464,208   

BioMerieux

     8,204         940,964   

Bourbon S.A.(a)

     63,970         957,867   

Eiffage S.A.

     41,820         3,216,780   

Elior(b)

     37,062         813,849   

Eurazeo S.A.

     25,828         1,748,868   

Faurecia

     22,843         866,694   

Gaztransport Et Technigaz S.A.

     25,844         846,998   

Havas S.A.

     145,695         1,169,991   

Ipsen S.A.

     26,988         1,552,164   

IPSOS

     27,018         632,085   

Korian S.A.

     31,134         918,545   

Lagardere SCA

     122,595         3,262,069   

Metropole Television S.A.

     117,180         2,139,859   

Neopost S.A.

     62,226         1,309,702   

Nexity S.A.

     55,844         2,914,259   

Orpea

     12,325         1,027,810   

Plastic Omnium S.A.

     42,840         1,475,534   

Rallye S.A.(a)

     43,008         747,889   

Remy Cointreau S.A.

     18,377         1,397,218   

Rubis SCA

     25,755         2,071,168   

Saft Groupe S.A.

     12,130         367,547   

SEB S.A.

     17,203         1,787,072   

Societe Television Francaise 1

     78,734         1,021,029   

Sopra Steria Group

     5,769         682,717   

Tarkett S.A.

     33,713         1,058,407   

Technicolor S.A. Registered Shares

     65,223         408,044   

Teleperformance

     15,637         1,376,708   

Vicat S.A.

     22,166         1,439,779   

Wendel S.A.

     16,263         1,772,820   
     

 

 

 
Total France         45,130,845   
Germany – 17.2%      

Aareal Bank AG

     38,783         1,258,679   

alstria office REIT-AG*

     112,041         1,618,936   

AURELIUS SE & Co. KGaA

     11,826         720,983   

Aurubis AG

     17,499         872,020   

BayWa AG(a)

     18,688         633,021   

Bechtle AG

     7,807         807,622   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree Europe Hedged SmallCap Equity Fund (EUSC)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Bertrandt AG

     4,581       $ 526,465   

Carl Zeiss Meditec AG Bearer Shares

     30,184         933,513   

CompuGroup Medical SE

     13,150         556,696   

CTS Eventim AG & Co. KGaA

     25,017         890,167   

DMG MORI AG

     25,006         1,166,040   

Drillisch AG(a)

     41,519         1,705,397   

Duerr AG

     13,706         1,078,782   

ElringKlinger AG

     29,046         797,199   

Freenet AG

     120,860         3,620,818   

Fuchs Petrolub SE

     24,611         955,229   

Gerresheimer AG

     9,385         737,184   

Gerry Weber International AG(a)

     35,537         499,318   

Hamburger Hafen und Logistik AG

     39,922         588,681   

Hochtief AG

     33,145         4,062,207   

Indus Holding AG

     13,517         667,579   

Jenoptik AG

     22,828         365,492   

KION Group AG*

     24,276         1,417,489   

Krones AG

     8,658         1,044,340   

KUKA AG(a)

     4,022         421,799   

LANXESS AG

     17,943         863,679   

LEG Immobilien AG*

     31,615         2,984,828   

Leoni AG(a)

     14,273         493,230   

MLP AG

     108,327         350,952   

MTU Aero Engines AG

     16,846         1,618,104   

NORMA Group SE

     10,721         601,449   

Pfeiffer Vacuum Technology AG

     6,607         742,135   

Rheinmetall AG

     5,269         421,621   

RHOEN-KLINIKUM AG

     49,646         1,547,302   

Sixt SE

     13,463         725,819   

Software AG

     34,199         1,338,865   

STADA Arzneimittel AG

     26,819         1,066,142   

Stroeer SE & Co KGaA(a)

     10,392         654,282   

Suedzucker AG

     126,704         2,237,255   

Takkt AG

     27,530         529,556   

TLG Immobilien AG

     21,803         475,794   

VTG AG

     13,516         413,933   

Wacker Neuson SE

     37,454         596,677   

Wirecard AG(a)

     9,891         375,334   
     

 

 

 
Total Germany         45,982,613   
Ireland – 2.4%      

C&C Group PLC

     233,572         1,056,683   

Fyffes PLC

     212,051         335,883   

Glanbia PLC

     38,538         787,853   

Irish Continental Group PLC

     99,219         616,205   

Kingspan Group PLC

     27,567         733,517   

Origin Enterprises PLC

     65,216         499,410   

Paddy Power Betfair PLC

     18,145         2,535,018   
     

 

 

 
Total Ireland         6,564,569   
Italy – 21.0%      

A2A SpA

     1,959,877         2,552,752   

ACEA SpA

     77,227         1,183,655   

Anima Holding SpA(b)

     128,792         943,699   

Ansaldo STS SpA

     66,854         799,165   

Ascopiave SpA

     348,400       909,968   

Astaldi SpA(a)

     52,574         243,477   

ASTM SpA

     76,318         882,727   

Azimut Holding SpA

     82,812         1,910,961   

Banca Generali SpA

     68,432         2,015,827   

Banca IFIS SpA

     35,338         1,172,243   

Banca Mediolanum SpA

     501,206         4,003,758   

Banca Popolare di Milano SCARL

     2,090,193         1,463,666   

Banca Popolare di Sondrio SCARL

     135,864         477,167   

Brembo SpA

     21,345         1,105,512   

Cementir Holding SpA

     56,993         285,374   

Credito Emiliano SpA

     138,743         951,000   

Danieli & C. Officine Meccaniche SpA RSP

     19,824         310,619   

Datalogic SpA

     18,122         354,164   

Davide Campari-Milano SpA

     132,051         1,321,956   

De’ Longhi SpA

     57,972         1,321,240   

DiaSorin SpA

     16,213         937,633   

Ei Towers SpA

     12,059         673,075   

ERG SpA

     132,270         1,802,711   

Falck Renewables SpA

     326,966         359,367   

FinecoBank Banca Fineco SpA

     339,565         2,863,441   

Hera SpA

     1,080,608         3,233,676   

Immobiliare Grande Distribuzione SIIQ SpA

     719,660         656,071   

Industria Macchine Automatiche SpA

     21,594         1,268,514   

Interpump Group SpA

     29,235         428,095   

Intesa Sanpaolo SpA RSP

     538,736         1,403,414   

Iren SpA

     999,310         1,793,554   

MARR SpA

     51,635         1,041,480   

Moncler SpA

     37,873         640,899   

Parmalat SpA

     260,977         723,268   

Piaggio & C. SpA(a)

     182,327         387,493   

Prysmian SpA

     85,192         1,932,874   

RAI Way SpA(b)

     159,587         858,367   

Recordati SpA

     102,819         2,577,684   

Salini Impregilo SpA

     102,676         434,555   

Salvatore Ferragamo SpA(a)

     48,286         1,235,847   

Societa Cattolica di Assicurazioni SCRL

     178,796         1,222,482   

Societa Iniziative Autostradali e Servizi SpA

     153,389         1,573,151   

Tod’s SpA(a)

     14,973         1,068,112   

Unipol Gruppo Finanziario SpA

     337,733         1,368,576   

UnipolSai SpA

     364,128         843,993   

Vittoria Assicurazioni SpA

     41,651         405,338   

Zignago Vetro SpA

     57,508         378,782   
     

 

 

 
Total Italy               56,321,382   
Netherlands – 4.1%      

Aalberts Industries N.V.

     38,275         1,329,861   

Accell Group

     22,190         472,986   

Arcadis N.V.

     41,240         770,249   

ASM International N.V.

     18,959         850,471   

BE Semiconductor Industries N.V.

     47,434         1,302,147   

Beter Bed Holding N.V.

     14,114         353,840   

BinckBank N.V.

     72,479         540,987   

Brunel International N.V.

     42,450         895,159   

Corbion N.V.

     16,085         382,540   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (concluded)

WisdomTree Europe Hedged SmallCap Equity Fund (EUSC)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Euronext N.V.(b)

     30,771       $ 1,279,526   

NSI N.V.

     184,302         876,629   

TKH Group N.V. CVA

     23,850         1,022,719   

TNT Express N.V.

     96,727         869,237   
     

 

 

 
Total Netherlands               10,946,351   
Portugal – 3.2%      

Altri, SGPS, S.A.

     99,131         433,220   

CTT-Correios de Portugal S.A.

     137,851         1,299,119   

NOS, SGPS S.A.

     218,251         1,457,429   

Portucel S.A.

     435,125         1,586,710   

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

     404,417         1,328,180   

Semapa-Sociedade de Investimento e Gestao

     70,352         929,968   

Sonae, SGPS, S.A.(a)

     1,168,624         1,410,277   
     

 

 

 
Total Portugal               8,444,903   
Spain – 9.1%      

Abengoa S.A. Class B(a)

     678,364         201,761   

Acerinox S.A.(a)

     155,687         1,806,066   

Atresmedia Corp. de Medios de Comunicaion S.A.(a)

     66,754         732,550   

Bolsas y Mercados Espanoles SHMSF S.A.(a)

     80,761         2,609,085   

Cia de Distribucion Integral Logista Holdings S.A.

     75,731         1,713,904   

Cie Automotive S.A.

     34,584         624,652   

Distribuidora Internacional de Alimentacion S.A.*

     278,731         1,450,290   

Duro Felguera S.A.(a)

     237,435         413,971   

Ebro Foods S.A.(a)

     99,482         2,174,903   

Ence Energia y Celulosa S.A.

     174,544         589,743   

Faes Farma S.A.

     196,229         619,408   

Grupo Catalana Occidente S.A.

     55,812         1,586,835   

Indra Sistemas S.A.*(a)

     126,753         1,476,914   

Mediaset Espana Comunicacion S.A.

     70,094         807,143   

Obrascon Huarte Lain S.A.(a)

     83,868         536,062   

Papeles y Cartones de Europa S.A.

     59,364         378,492   

Prosegur Cia de Seguridad S.A.

     250,160         1,411,096   

Tecnicas Reunidas S.A.(a)

     35,394         997,240   

Viscofan S.A.

     19,619         1,177,088   

Zardoya Otis S.A.(a)

     261,709         3,050,899   
     

 

 

 
Total Spain               24,358,102   

TOTAL COMMON STOCKS

(Cost: $262,953,222)

              268,080,816   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 7.1%   
United States – 7.1%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

     
(Cost: $19,074,318)(d)      19,074,318         19,074,318   

TOTAL INVESTMENTS IN SECURITIES – 107.3%

(Cost: $282,027,540)

        287,155,134   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (7.3)%

        (19,447,318
     

 

 

 
NET ASSETS – 100.0%             $ 267,707,816   

 

* 

Non-income producing security.

 

(a)

Security, or portion thereof, was on loan at March 31, 2016 (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 March 31, 2016.

 

(d) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $24,062,711 and the total market value of the collateral held by the Fund was $25,361,032. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $6,286,714.

CVA – Certificaten Van Aandelen (Certificate of Stock)

RSP – Risparmio Italian Savings Shares

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS  
Settlement
Date
  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/4/2016

    EUR        49,167,831        USD        53,476,654      $ (2,552,572

4/4/2016

    EUR        49,169,865        USD        53,476,654        (2,554,890

4/4/2016

    EUR        37,462,725        USD        40,744,122        (1,946,544

4/4/2016

    EUR        49,168,735        USD        53,476,654        (2,553,603

4/4/2016

    EUR        49,168,961        USD        53,476,654        (2,553,860

4/4/2016

    USD        53,476,654        EUR        46,929,105        1,431   

4/4/2016

    USD        40,744,122        EUR        35,756,360        2,056   

4/4/2016

    USD        53,476,654        EUR        46,929,105        1,431   

4/4/2016

    USD        53,476,654        EUR        46,930,217        2,698   

4/4/2016

    USD        53,476,654        EUR        46,928,570        821   

5/3/2016

    EUR        37,758,855        USD        43,062,388        (2,622

5/3/2016

    EUR        49,557,757        USD        56,519,383        (2,598

5/3/2016

    EUR        49,557,931        USD        56,519,383        (2,797

5/3/2016

    EUR        49,557,192        USD        56,519,383        (1,954

5/3/2016

    EUR        49,560,017        USD        56,519,383        (5,175
                                    $ (12,168,178

 

CURRENCY LEGEND

EUR

  – Euro

USD

  – U.S. dollar

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.7%      
Austria – 0.2%      

Vienna Insurance Group AG Wiener Versicherung Gruppe

     1,321       $ 27,999   
Belgium – 5.8%      

Ackermans & van Haaren N.V.

     191         27,131   

Anheuser-Busch InBev N.V.

     6,467         805,115   

bpost S.A.

     2,620         72,894   

Melexis N.V.

     336         18,302   

UCB S.A.

     1,025         78,539   

Umicore S.A.

     676         33,702   
     

 

 

 
Total Belgium                 1,035,683   
Denmark – 4.7%      

Chr Hansen Holding A/S

     605         40,679   

Coloplast A/S Class B

     1,680         127,505   

Novo Nordisk A/S Class B

     10,348         562,196   

Novozymes A/S Class B

     1,026         46,200   

Pandora A/S

     318         41,708   

SimCorp A/S

     311         14,375   
     

 

 

 
Total Denmark               832,663   
Finland – 2.5%      

Elisa Oyj(a)

     2,507         97,619   

Huhtamaki Oyj

     846         31,457   

Kone Oyj Class B

     4,306         207,857   

Konecranes Oyj(a)

     820         19,604   

Metsa Board Oyj

     3,105         20,805   

Uponor Oyj

     543         7,896   

Wartsila Oyj Abp

     1,458         66,076   
     

 

 

 
Total Finland               451,314   
France – 11.7%      

Airbus Group SE

     3,949         262,580   

Alten S.A.

     444         27,291   

Arkema S.A.

     633         47,594   

BioMerieux

     161         18,466   

Bureau Veritas S.A.

     2,730         60,897   

Carrefour S.A.

     3,137         86,438   

Cie Generale des Etablissements Michelin

     815         83,521   

Dassault Systemes

     560         44,498   

Essilor International S.A.

     617         76,322   

Gaztransport Et Technigaz S.A.

     549         17,993   

Hermes International

     153         53,953   

Ingenico Group S.A.

     198         22,777   

L’Oreal S.A.

     1,628         292,099   

LVMH Moet Hennessy Louis Vuitton SE

     1,678         287,781   

Plastic Omnium S.A.

     295         10,161   

Publicis Groupe S.A.

     700         49,225   

Renault S.A.

     983         97,814   

Schneider Electric SE

     4,438         280,884   

Societe BIC S.A.

     259         39,018   

Sodexo S.A.

     566         61,106   

Tarkett S.A.

     437         13,719   

Teleperformance

     281         24,740   

Thales S.A.

     1,085         95,204   

Valeo S.A.

     229       35,699   
     

 

 

 
Total France               2,089,780   
Germany – 14.1%      

adidas AG

     793         93,077   

Aurubis AG

     319         15,897   

Axel Springer SE

     745         40,215   

Bayer AG Registered Shares

     4,339         510,768   

Beiersdorf AG

     475         42,946   

Brenntag AG

     763         43,648   

Continental AG

     528         120,336   

Daimler AG Registered Shares

     5,160         396,141   

Duerr AG

     252         19,835   

Evonik Industries AG

     4,112         123,542   

Fielmann AG

     508         38,612   

Fresenius Medical Care AG & Co. KGaA

     965         85,598   

Fresenius SE & Co. KGaA

     1,276         93,366   

GEA Group AG

     928         45,473   

Hugo Boss AG

     30         1,970   

Infineon Technologies AG

     5,616         80,028   

LANXESS AG

     251         12,082   

MTU Aero Engines AG

     269         25,838   

ProSiebenSat.1 Media SE

     1,467         75,537   

RHOEN-KLINIKUM AG

     944         29,421   

SAP SE

     6,197         502,094   

Symrise AG

     570         38,323   

United Internet AG Registered Shares

     1,072         53,879   

Wacker Chemie AG

     259         22,826   
     

 

 

 
Total Germany                 2,511,452   
Ireland – 0.2%      

Paddy Power Betfair PLC

     305         42,611   
Italy – 2.7%      

Anima Holding SpA(b)

     2,345         17,182   

Atlantia SpA

     7,599         211,031   

DiaSorin SpA

     415         24,000   

Industria Macchine Automatiche SpA

     398         23,380   

Luxottica Group SpA

     1,991         110,039   

Prysmian SpA

     1,381         31,333   

Recordati SpA

     1,937         48,561   

Salvatore Ferragamo SpA

     517         13,232   
     

 

 

 
Total Italy               478,758   
Netherlands – 3.0%      

Aalberts Industries N.V.

     685         23,800   

ASML Holding N.V.

     965         98,178   

Euronext N.V.(b)

     563         23,411   

Heineken Holding N.V.

     972         75,962   

Heineken N.V.

     1,706         154,845   

Koninklijke Ahold N.V.

     4,299         96,852   

Wolters Kluwer N.V.

     1,511         60,403   
     

 

 

 
Total Netherlands               533,451   
Norway – 1.8%      

Kongsberg Gruppen ASA

     1,099         18,070   

Telenor ASA

     10,256         166,030   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Veidekke ASA

     1,604       $ 21,817   

Yara International ASA

     3,079         115,920   
     

 

 

 
Total Norway               321,837   
Portugal – 0.3%      

Jeronimo Martins, SGPS, S.A.

     2,438         39,951   

NOS, SGPS S.A.

     2,493         16,648   
     

 

 

 
Total Portugal               56,599   
Spain – 3.8%      

Abertis Infraestructuras S.A.

     10,151         167,152   

Amadeus IT Holding S.A. Class A

     2,549         109,479   

Distribuidora Internacional de Alimentacion S.A.*

     4,717         24,543   

Industria de Diseno Textil S.A.

     9,100         306,586   

Prosegur Cia de Seguridad S.A.

     4,502         25,395   

Zardoya Otis S.A.

     4,074         47,493   
     

 

 

 
Total Spain                    680,648   
Sweden – 8.7%      

Alfa Laval AB

     2,847         46,673   

Assa Abloy AB Class B

     3,784         74,777   

Atlas Copco AB Class A

     5,450         137,348   

Atlas Copco AB Class B

     2,818         66,533   

Axfood AB

     1,420         26,275   

BillerudKorsnas AB

     1,627         26,633   

Boliden AB

     2,550         40,861   

Electrolux AB Series B

     1,285         33,858   

Getinge AB Class B(a)

     941         21,718   

Hennes & Mauritz AB Class B

     7,995         266,970   

Hexagon AB Class B

     1,201         46,815   

Hexpol AB

     1,728         19,237   

Holmen AB Class B

     855         28,033   

Intrum Justitia AB

     696         24,589   

Loomis AB Class B

     564         15,967   

Modern Times Group MTG AB Class B

     632         18,960   

NCC AB Class B

     1,099         40,087   

Sandvik AB

     11,154         115,576   

SKF AB Class B(a)

     2,909         52,606   

Tele2 AB Class B

     6,011         55,834   

Telefonaktiebolaget LM Ericsson Class B

     32,965         330,597   

Trelleborg AB Class B

     1,768         35,025   

Wihlborgs Fastigheter AB

     1,050         22,330   
     

 

 

 
Total Sweden               1,547,302   
Switzerland – 14.9%      

ABB Ltd. Registered Shares*

     15,470         302,728   

Actelion Ltd. Registered Shares*

     345         51,769   

Adecco S.A. Registered Shares*

     1,315         86,028   

Cie Financiere Richemont S.A. Registered Shares

     1,794         119,050   

Galenica AG Registered Shares

     35         52,848   

Geberit AG Registered Shares

     253         94,923   

Georg Fischer AG Registered Shares

     33         26,775   

Partners Group Holding AG

     243         98,073   

Roche Holding AG Bearer Shares

     1,188         299,590   

Roche Holding AG Genusschein

     4,399         1,087,290   

Schindler Holding AG Registered Shares

     266         48,914   

Sonova Holding AG Registered Shares

     346       44,368   

Straumann Holding AG Registered Shares

     94         32,539   

Syngenta AG Registered Shares

     763         318,697   
     

 

 

 
Total Switzerland           2,663,592   
United Kingdom – 25.3%      

ARM Holdings PLC

     3,206         46,725   

Ashmore Group PLC(a)

     12,009         49,641   

Ashtead Group PLC

     1,770         21,980   

Babcock International Group PLC

     2,575         35,141   

BBA Aviation PLC

     8,315         23,950   

Bellway PLC

     645         24,317   

Berkeley Group Holdings PLC

     1,431         66,187   

Big Yellow Group PLC

     1,804         20,082   

Bodycote PLC

     2,959         25,667   

Booker Group PLC

     7,539         18,670   

Bovis Homes Group PLC

     1,033         13,830   

British American Tobacco PLC

     12,969         762,390   

Britvic PLC

     1,809         18,474   

Burberry Group PLC

     1,746         34,255   

Capita PLC

     4,089         61,240   

Carillion PLC

     6,634         28,043   

Carnival PLC

     800         43,142   

Compass Group PLC

     7,146         126,127   

Croda International PLC

     996         43,505   

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

     1,677         16,776   

Derwent London PLC

     437         19,798   

Diageo PLC

     13,906         376,057   

easyJet PLC

     2,748         59,996   

Essentra PLC

     1,618         19,244   

Foxtons Group PLC

     2,415         5,649   

Fresnillo PLC

     908         12,431   

Galliford Try PLC

     916         18,893   

Go-Ahead Group PLC

     432         16,454   

Halma PLC

     2,450         32,097   

Hargreaves Lansdown PLC

     3,859         74,545   

Hays PLC

     7,748         13,475   

Howden Joinery Group PLC

     2,949         20,265   

IG Group Holdings PLC

     4,570         52,548   

IMI PLC

     2,620         35,868   

Inchcape PLC

     2,293         23,845   

Inmarsat PLC

     4,440         62,827   

Interserve PLC

     2,039         12,713   

Intertek Group PLC

     859         39,101   

ITV PLC

     12,443         43,137   

James Fisher & Sons PLC

     440         8,341   

Johnson Matthey PLC

     824         32,498   

Jupiter Fund Management PLC

     4,443         26,138   

London Stock Exchange Group PLC

     1,073         43,491   

Melrose Industries PLC

     1,255         6,431   

Merlin Entertainments PLC(b)

     3,054         20,345   

Michael Page International PLC

     2,281         13,993   

Moneysupermarket.com Group PLC

     5,823         26,590   

N Brown Group PLC

     1,832         8,605   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (concluded)

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Next PLC

     739       $ 57,357   

Reckitt Benckiser Group PLC

     3,229         312,342   

RELX N.V.

     5,363         93,780   

RELX PLC

     5,154         95,857   

Renishaw PLC

     485         12,792   

Sage Group PLC (The)

     8,088         73,120   

Senior PLC

     5,759         18,881   

Sky PLC

     8,885         130,769   

Smith & Nephew PLC

     4,839         79,844   

Spirax-Sarco Engineering PLC

     416         21,764   

St. James’s Place PLC

     4,203         55,486   

Taylor Wimpey PLC

     28,844         78,894   

Travis Perkins PLC

     1,171         30,750   

Unilever N.V. CVA

     9,577         429,827   

Unilever PLC

     7,284         330,044   

Vesuvius PLC

     3,923         18,703   

Whitbread PLC

     570         32,443   

William Hill PLC

     4,558         21,422   

WS Atkins PLC

     793         15,615   
     

 

 

 
Total United Kingdom               4,515,207   

TOTAL COMMON STOCKS

(Cost: $18,546,340)

              17,788,896   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.3%   
United States – 1.3%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

     
(Cost: $238,241)(d)      238,241         238,241   

TOTAL INVESTMENTS IN SECURITIES – 101.0%

(Cost: $18,784,581)

        18,027,137   

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

        (173,426
     

 

 

 
NET ASSETS – 100.0%       $ 17,853,711   
*

Non-income producing security.

 

(a)

Security, or portion thereof, was on loan at March 31, 2016 (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 March 31, 2016.

 

(d)

At March 31, 2016, the total market value of the Fund’s securities on loan was $226,763 and the total market value of the collateral held by the Fund was $238,241.

 

CVA – Certificaten Van Aandelen (Certificate of Stock)

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments

WisdomTree Europe SmallCap Dividend Fund (DFE)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.4%      
Austria – 1.8%      

Austria Technologie & Systemtechnik AG

     85,746       $ 1,260,483   

CAT Oil AG

     89,344         738,341   

Lenzing AG

     56,313         4,464,412   

POLYTEC Holding AG(a)

     120,657         1,040,835   

RHI AG

     155,538         3,043,269   

Schoeller-Bleckmann Oilfield Equipment AG(a)

     55,325         3,373,572   

Semperit AG Holding

     53,819         2,085,202   

Wienerberger AG

     153,369         2,950,147   

Zumtobel Group AG

     41,658         699,016   
     

 

 

 
Total Austria         19,655,277   
Belgium – 5.5%      

Barco N.V.

     42,897         3,095,291   

Bekaert S.A.(a)

     255,991         10,415,672   

Cofinimmo S.A.

     180,215         22,148,517   

Econocom Group S.A./N.V.

     279,560         2,899,012   

Euronav N.V.

     291,195         2,983,496   

EVS Broadcast Equipment S.A.

     89,582         3,316,173   

Exmar N.V.(a)

     289,765         2,436,229   

Kinepolis Group N.V.

     76,980         3,344,424   

Recticel S.A.

     284,155         1,876,797   

Warehouses De Pauw

     93,238         8,877,138   
     

 

 

 
Total Belgium              61,392,749   
Denmark – 3.5%      

Alm Brand A/S

     307,611         2,258,403   

Dfds A/S

     172,039         6,262,710   

Matas A/S

     212,359         4,303,729   

NKT Holding A/S

     28,720         1,659,605   

Rockwool International A/S Class B

     15,357         2,442,858   

Royal Unibrew A/S

     199,290         9,632,322   

Schouw & Co.

     77,119         4,824,398   

SimCorp A/S

     104,364         4,823,959   

Spar Nord Bank A/S

     325,855         3,115,034   
     

 

 

 
Total Denmark         39,323,018   
Finland – 6.8%      

Aspo Oyj

     76,247         645,573   

Atria Oyj

     71,910         716,200   

Bittium Oyj(a)

     197,589         1,443,293   

Caverion Corp.

     365,074         3,540,332   

Cramo Oyj(a)

     149,884         3,093,195   

F-Secure Oyj(a)

     435,192         1,304,278   

HKScan Oyj Class A

     194,481         720,268   

Kemira Oyj

     1,041,417         11,641,991   

Konecranes Oyj(a)

     290,197         6,937,963   

Metsa Board Oyj

     930,741         6,236,483   

PKC Group Oyj(a)

     103,044         1,827,115   

Raisio Oyj Class V

     496,205         2,448,401   

Ramirent Oyj

     675,403         4,425,521   

Sanoma Oyj(a)

     767,950         3,763,007   

Technopolis Oyj(a)

     520,019         2,222,205   

Tieto Oyj

     412,270         10,767,873   

Tikkurila Oyj

     171,488       3,118,891   

Uponor Oyj

     254,040         3,693,910   

Valmet Oyj

     465,705         5,137,121   

YIT Oyj(a)

     420,819         2,385,254   
     

 

 

 
Total Finland         76,068,874   
France – 3.7%      

Albioma S.A.

     137,583         2,132,246   

Alten S.A.

     102,006         6,270,039   

Altran Technologies S.A.

     359,289         4,986,833   

Assystem

     28,491         772,713   

Haulotte Group S.A.

     30,007         478,723   

IPSOS

     149,026         3,486,459   

Jacquet Metal Service

     87,053         1,254,896   

Lectra

     103,830         1,512,124   

Neopost S.A.

     425,397         8,953,542   

Saft Groupe S.A.

     73,290         2,220,734   

Sopra Steria Group

     35,880         4,246,122   

Tarkett S.A.

     155,257         4,874,234   
     

 

 

 
Total France              41,188,665   
Germany – 8.4%      

Adler Modemaerkte AG

     130,164         1,243,141   

alstria office REIT-AG*

     576,015         8,323,129   

AURELIUS SE & Co. KGaA

     88,567         5,399,571   

BayWa AG(a)

     89,680         3,037,743   

Bechtle AG

     48,016         4,967,178   

Bertrandt AG

     26,312         3,023,871   

Borussia Dortmund GmbH & Co. KGaA(a)

     324,992         1,488,786   

CANCOM SE

     28,315         1,415,042   

Carl Zeiss Meditec AG Bearer Shares

     200,572         6,203,171   

CompuGroup Medical SE

     89,432         3,786,041   

Deutz AG

     196,691         932,420   

Elmos Semiconductor AG

     54,664         747,509   

ElringKlinger AG

     180,773         4,961,509   

Gerresheimer AG

     53,749         4,221,942   

Gerry Weber International AG(a)

     221,380         3,110,535   

GFT Technologies SE

     53,748         1,366,762   

Grammer AG

     38,880         1,552,472   

Hamburger Hafen und Logistik AG

     191,125         2,818,288   

Indus Holding AG

     76,575         3,781,895   

Jenoptik AG

     109,993         1,761,063   

MLP AG

     534,081         1,730,285   

NORMA Group SE

     60,819         3,411,950   

Pfeiffer Vacuum Technology AG

     33,427         3,754,704   

QSC AG(a)

     909,187         1,170,753   

RIB Software AG(a)

     68,614         713,867   

SHW AG(a)

     12,921         365,600   

Sixt SE

     73,637         3,969,928   

Stroeer SE & Co KGaA(a)

     66,057         4,158,960   

Takkt AG

     139,344         2,680,367   

TLG Immobilien AG

     140,065         3,056,553   

VTG AG(a)

     80,204         2,456,281   

Wacker Neuson SE

     209,393         3,335,822   
     

 

 

 
Total Germany         94,947,138   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree Europe SmallCap Dividend Fund (DFE)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Ireland – 2.6%      

C&C Group PLC

     1,474,424       $ 6,670,317   

Fyffes PLC

     857,543         1,358,327   

Greencore Group PLC

     945,030         5,093,593   

Hibernia REIT PLC

     1,161,227         1,722,906   

IFG Group PLC

     581,406         1,404,588   

Irish Continental Group PLC

     668,453         4,151,461   

Origin Enterprises PLC

     397,146         3,041,257   

Total Produce PLC

     1,013,555         1,836,445   

UDG Healthcare PLC

     531,009         4,457,200   
     

 

 

 
Total Ireland         29,736,094   
Italy – 10.2%      

Amplifon SpA

     264,385         2,295,754   

Ansaldo STS SpA

     408,743         4,886,067   

Ascopiave SpA

     1,721,440         4,496,143   

Astaldi SpA(a)

     279,208         1,293,049   

ASTM SpA

     358,353         4,144,868   

Banca IFIS SpA

     245,994         8,160,190   

Banca Popolare di Sondrio SCARL

     871,564         3,061,015   

Banco di Desio e della Brianza SpA

     455,623         1,269,976   

BI Esse SpA

     74,420         1,211,868   

Brunello Cucinelli SpA(a)

     42,801         811,598   

Cairo Communication SpA(a)

     246,924         1,323,060   

Cementir Holding SpA

     352,246         1,763,761   

Danieli & C. Officine Meccaniche SpA

     34,956         735,736   

Danieli & C. Officine Meccaniche SpA RSP

     177,935         2,788,031   

Datalogic SpA

     136,825         2,674,011   

Ei Towers SpA

     74,678         4,168,166   

ERG SpA

     872,207         11,887,330   

Esprinet SpA

     118,718         1,074,164   

Falck Renewables SpA

     2,156,339         2,370,024   

Immobiliare Grande Distribuzione SIIQ SpA

     4,751,641         4,331,788   

Industria Macchine Automatiche SpA

     123,512         7,255,568   

Interpump Group SpA

     183,295         2,684,030   

Iren SpA

     7,027,978         12,613,759   

Italmobiliare SpA RSP

     38,259         1,191,535   

MARR SpA

     300,174         6,054,523   

Moleskine SpA

     918,228         1,948,336   

Piaggio & C. SpA(a)

     1,142,389         2,427,876   

RAI Way SpA(b)

     957,322         5,149,127   

Societa Cattolica di Assicurazioni SCRL

     1,139,117         7,788,488   

Trevi Finanziaria Industriale SpA(a)

     781,695         1,336,171   

Vittoria Assicurazioni SpA

     194,082         1,888,760   
     

 

 

 
Total Italy            115,084,772   
Netherlands – 3.5%      

Accell Group

     121,914         2,598,633   

BE Semiconductor Industries N.V.

     327,144         8,980,682   

Beter Bed Holding N.V.

     88,144         2,209,780   

BinckBank N.V.

     443,480         3,310,159   

Brunel International N.V.

     221,543         4,671,762   

Corbion N.V.

     100,625         2,393,106   

IMCD Group N.V.

     36,915         1,382,726   

Kendrion N.V.

     63,750         1,572,793   

NSI N.V.

     960,755       4,569,816   

TKH Group N.V. CVA

     146,052         6,262,897   

Wessanen

     146,252         1,585,951   
     

 

 

 
Total Netherlands         39,538,305   
Norway – 5.7%      

ABG Sundal Collier Holding ASA

     4,410,415         3,348,636   

American Shipping Co. ASA*

     244,119         817,542   

Austevoll Seafood ASA

     634,673         5,217,804   

Borregaard ASA

     333,896         2,240,439   

Entra ASA(b)

     677,819         6,392,006   

Leroy Seafood Group ASA

     293,792         13,888,188   

Norway Royal Salmon ASA

     141,135         1,868,434   

Protector Forsikring ASA

     366,935         3,338,293   

Selvaag Bolig ASA

     614,335         1,879,121   

SpareBank 1 Nord Norge

     600,169         2,721,032   

SpareBank 1 SMN

     617,374         3,937,310   

SpareBank 1 SR-Bank ASA

     682,656         3,350,864   

Spectrum ASA

     77,148         251,836   

Tomra Systems ASA

     403,121         4,203,619   

Veidekke ASA

     434,428         5,908,799   

XXL ASA(b)

     429,152         5,240,363   
     

 

 

 
Total Norway         64,604,286   
Portugal – 2.2%      

Altri, SGPS, S.A.

     592,926         2,591,191   

CTT-Correios de Portugal S.A.

     867,631         8,176,626   

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

     2,889,079         9,488,269   

Semapa-Sociedade de Investimento e Gestao

     360,298         4,762,702   
     

 

 

 
Total Portugal         25,018,788   
Spain – 2.8%      

Abengoa S.A. Class A(a)

     369,034         294,373   

Cie Automotive S.A.

     231,762         4,186,056   

Duro Felguera S.A.(a)

     1,218,068         2,123,716   

Ence Energia y Celulosa S.A.

     1,045,863         3,533,728   

Faes Farma S.A.

     1,214,248         3,832,840   

Indra Sistemas S.A.*(a)

     807,459         9,408,435   

Laboratorios Farmaceuticos Rovi S.A.

     91,577         1,541,347   

Obrascon Huarte Lain S.A.(a)

     461,008         2,946,643   

Papeles y Cartones de Europa S.A.

     430,386         2,744,049   

Pescanova S.A.*†

     3,781         0   

Tubacex S.A.(a)

     414,691         978,202   
     

 

 

 
Total Spain              31,589,389   
Sweden – 14.3%      

Acando AB

     1,081,517         2,641,523   

AddTech AB Class B(a)

     97,120         1,341,784   

AF AB Class B

     252,240         4,636,135   

Avanza Bank Holding AB

     75,442         3,368,819   

B&B Tools AB Class B

     87,006         1,604,524   

Betsson AB*

     227,586         3,537,301   

Bilia AB Class A

     269,570         6,051,999   

Bufab AB

     216,611         1,456,240   

Bulten AB(a)

     119,971         1,102,525   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree Europe SmallCap Dividend Fund (DFE)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Byggmax Group AB

     373,664       $ 3,433,946   

Clas Ohlson AB Class B

     258,944         4,951,006   

Com Hem Holding AB

     372,974         3,443,707   

Duni AB

     161,037         2,676,766   

Granges AB

     218,299         1,898,439   

Gunnebo AB

     219,281         1,171,237   

Haldex AB(a)

     132,428         1,167,997   

Hemfosa Fastigheter AB

     168,095         1,850,627   

HIQ International AB*

     452,147         2,788,724   

Holmen AB Class B

     302,272         9,910,802   

Husqvarna AB Class A

     180,917         1,328,976   

Indutrade AB

     100,877         6,199,430   

Inwido AB

     139,789         1,724,364   

KappAhl AB

     352,068         1,402,765   

KNOW IT AB

     224,120         1,824,654   

Kungsleden AB

     648,177         4,597,454   

Lifco AB Class B

     162,144         4,360,269   

Lindab International AB

     184,516         1,476,046   

Loomis AB Class B

     210,932         5,971,467   

Mekonomen AB(a)

     138,495         3,433,887   

Modern Times Group MTG AB Class B(a)

     366,755         11,002,605   

Mycronic AB

     166,690         1,506,167   

NetEnt AB*

     83,168         4,702,803   

New Wave Group AB Class B(a)

     235,295         1,015,866   

Nobia AB

     461,345         4,831,583   

Nolato AB Class B

     133,790         3,754,576   

Nordnet AB Class B

     528,435         2,261,918   

Peab AB

     1,250,535         11,068,115   

Platzer Fastigheter Holding AB Class B(a)

     204,133         1,120,545   

Ratos AB Class B

     1,847,468         11,861,881   

Scandi Standard AB

     243,207         1,770,044   

Semcon AB(a)

     78,312         375,780   

Skandinaviska Enskilda Banken AB Class C(a)

     131,793         1,368,864   

SkiStar AB

     116,848         1,679,203   

Svenska Handelsbanken AB Class B(a)

     149,166         2,081,078   

Thule Group AB (The)(b)

     135,566         1,872,944   

Wihlborgs Fastigheter AB

     325,287         6,917,670   
     

 

 

 
Total Sweden            160,545,055   
Switzerland – 3.3%      

Ascom Holding AG Registered Shares

     144,911         2,731,315   

Cembra Money Bank AG*

     203,818         14,302,271   

EFG International AG*

     367,184         2,108,821   

Gategroup Holding AG*

     51,004         2,290,160   

Implenia AG Registered Shares

     69,512         4,376,937   

Kudelski S.A. Bearer Shares

     155,246         2,658,627   

Mobilezone Holding AG Registered Shares

     164,206         2,486,281   

Swissquote Group Holding S.A. Registered Shares

     55,125         1,375,750   

Tecan Group AG Registered Shares

     19,670         3,000,874   

U-Blox AG*

     8,975         1,731,927   
     

 

 

 
Total Switzerland         37,062,963   
United Arab Emirates – 0.0%      

Gulf Marine Services PLC

     332,509         314,229   
United Kingdom – 25.1%      

A.G.Barr PLC

     189,188       $        1,441,175   

Abcam PLC

     229,193         1,943,573   

Acacia Mining PLC

     310,513         1,255,443   

Assura PLC

     2,365,812         1,805,603   

AVEVA Group PLC

     74,865         1,694,755   

BGEO Group PLC

     103,439         3,015,086   

Big Yellow Group PLC

     394,079         4,386,843   

Bodycote PLC

     621,308         5,389,291   

Bovis Homes Group PLC

     318,994         4,270,835   

Brammer PLC

     319,154         799,320   

Brewin Dolphin Holdings PLC

     727,797         2,713,486   

Capital & Regional PLC

     1,348,917         1,260,219   

Card Factory PLC

     526,422         2,474,168   

Central Asia Metals PLC(a)

     501,222         1,188,670   

Chesnara PLC

     470,705         2,232,596   

Cineworld Group PLC

     629,296         4,861,618   

Communisis PLC

     549,674         375,272   

Computacenter PLC

     184,775         2,230,848   

Concentric AB

     153,005         1,736,398   

Costain Group PLC

     277,104         1,415,891   

Countrywide PLC

     466,764         2,586,913   

Cranswick PLC

     95,233         2,919,616   

Crest Nicholson Holdings PLC

     508,629         4,115,825   

Dairy Crest Group PLC

     438,992         3,902,507   

De La Rue PLC

     447,322         2,873,923   

Debenhams PLC

     3,860,899         4,173,051   

Dechra Pharmaceuticals PLC

     145,692         2,525,401   

Devro PLC

     382,138         1,616,159   

Dignity PLC

     35,335         1,259,010   

Diploma PLC

     185,836         1,984,568   

Domino’s Pizza Group PLC

     320,287         4,640,313   

E2V Technologies PLC

     513,493         1,586,793   

Electrocomponents PLC

     1,736,889         6,026,383   

Elementis PLC

     637,493         2,193,547   

EMIS Group PLC

     118,268         1,723,664   

esure Group PLC

     1,303,346         5,123,473   

FDM Group Holdings PLC

     162,222         1,347,674   

Fenner PLC

     918,190         1,788,213   

Fidessa Group PLC

     99,374         3,487,915   

Foxtons Group PLC

     474,319         1,109,530   

Galliford Try PLC

     201,053         4,146,769   

GAME Digital PLC(a)

     379,914         682,563   

Genus PLC

     68,318         1,501,378   

Go-Ahead Group PLC

     103,619         3,946,687   

Greggs PLC

     185,978         2,905,618   

Halfords Group PLC

     473,728         2,697,002   

Hargreaves Services PLC

     268,001         687,578   

Helical Bar PLC

     225,446         1,250,769   

Hill & Smith Holdings PLC

     178,718         2,319,548   

Home Retail Group PLC

     1,536,842         3,662,361   

HomeServe PLC

     651,522         4,032,279   

Hunting PLC

     365,820         1,683,852   

Interserve PLC

     383,112         2,388,706   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree Europe SmallCap Dividend Fund (DFE)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

ITE Group PLC

     890,992       $      1,882,515   

J D Wetherspoon PLC(a)

     161,188         1,629,837   

James Fisher & Sons PLC

     60,346         1,144,039   

James Halstead PLC

     260,058         1,514,749   

JD Sports Fashion PLC

     154,713         2,503,875   

John Menzies PLC

     219,786         1,499,728   

Just Retirement Group PLC

     827,904         1,878,925   

Kcom Group PLC

     1,560,210         2,410,676   

Keller Group PLC

     126,392         1,561,395   

Kier Group PLC

     189,923         3,507,746   

Ladbrokes PLC

     5,594,293         9,383,470   

Laird PLC

     741,410         4,060,045   

Lavendon Group PLC

     302,789         584,254   

Lookers PLC

     577,091         1,313,853   

Low & Bonar PLC

     700,578         624,303   

LSL Property Services PLC

     248,287         1,025,981   

Marshalls PLC

     420,821         2,153,252   

Marston’s PLC

     2,025,448         4,424,988   

McBride PLC*

     827,921         1,933,703   

McColl’s Retail Group PLC

     504,364         1,190,685   

Mediclinic International PLC

     129,065         1,662,126   

Mitie Group PLC

     1,021,961         3,774,982   

Morgan Advanced Materials PLC

     628,325         2,051,824   

N Brown Group PLC

     946,646         4,446,487   

NCC Group PLC

     315,129         1,134,602   

NMC Health PLC

     109,367         1,661,532   

Northgate PLC

     186,427         1,080,381   

Nostrum Oil & Gas PLC(a)

     433,436         1,482,687   

Novae Group PLC

     210,825         2,658,990   

Numis Corp. PLC

     311,956         896,749   

OneSavings Bank PLC

     256,039         1,224,720   

Oxford Instruments PLC

     50,729         488,516   

Pan African Resources PLC(a)

     8,249,983         1,600,790   

PayPoint PLC

     194,264         2,088,533   

Pendragon PLC

     2,901,261         1,522,044   

Photo-Me International PLC

     641,487         1,638,871   

Polar Capital Holdings PLC

     282,322         1,464,871   

Polypipe Group PLC

     295,913         1,357,608   

Premier Farnell PLC

     1,568,286         2,541,495   

Rank Group PLC

     771,062         2,814,948   

Redde PLC

     1,215,245         2,916,942   

Restaurant Group PLC (The)

     352,902         1,991,369   

Ricardo PLC

     85,606         1,029,857   

RPS Group PLC

     597,324         1,781,458   

Safestore Holdings PLC

     445,718         2,150,596   

Savills PLC

     278,240         3,039,349   

Schroders PLC Non-Voting Shares

     128,332         3,729,611   

Senior PLC

     541,014         1,773,704   

Shanks Group PLC

     1,080,463         1,288,948   

SIG PLC

     935,151         1,962,375   

Soco International PLC

     1,439,219         3,278,714   

Speedy Hire PLC

     462,269         259,123   

Spirent Communications PLC

     1,374,945         1,739,063   

St. Ives PLC

     577,209         1,879,095   

St. Modwen Properties PLC

     194,837       847,119   

SThree PLC

     215,527         971,925   

Synthomer PLC

     657,271         3,441,526   

Ted Baker PLC

     50,606         1,980,601   

Telecom Plus PLC(a)

     297,746         3,939,283   

Trinity Mirror PLC

     524,756         991,815   

TT electronics PLC

     283,934         608,067   

Tullett Prebon PLC

     782,851         3,956,174   

Tyman PLC(a)

     332,169         1,414,376   

U & I Group PLC

     289,672         776,484   

UK Mail Group PLC

     75,394         314,255   

Ultra Electronics Holdings PLC

     127,348         3,303,823   

Unite Group PLC (The)

     328,761         3,007,642   

Vesuvius PLC

     790,946         3,770,854   

WS Atkins PLC

     164,714         3,243,385   

Xaar PLC

     102,828         720,499   

Xchanging PLC

     250,328         687,211   

Zoopla Property Group PLC(b)

     278,075         999,193   
     

 

 

 
Total United Kingdom               282,995,889   

TOTAL COMMON STOCKS

(Cost: $1,134,538,065)

              1,119,065,491   
EXCHANGE-TRADED FUND – 0.2%      
United States – 0.2%      

WisdomTree International MidCap Dividend Fund(a)(c)

     
(Cost: $2,673,076)      52,240         2,908,723   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 4.7%   
United States – 4.7%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(d)

     
(Cost: $52,561,886)(e)      52,561,886         52,561,886   

TOTAL INVESTMENTS IN SECURITIES – 104.3%

(Cost: $1,189,773,027)

  

  

     1,174,536,100   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (4.3)%

        (48,601,319
     

 

 

 
NET ASSETS – 100.0%             $ 1,125,934,781   
* 

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 March 31, 2016 (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 3).

(d)

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(e) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $49,720,141 and the total market value of the collateral held by the Fund was $52,783,466. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $221,580.

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      55   


Table of Contents

Schedule of Investments (concluded)

WisdomTree Europe SmallCap Dividend Fund (DFE)

March 31, 2016

 

  

 

 

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS  
Settlement
Date
  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/1/2016

    CHF        2,800        DKK        19,082      $ (5

4/1/2016

    EUR        4,429        DKK        33,000        1   

4/1/2016

    EUR        1,380        NOK        13,000        (2

4/1/2016

    EUR        261,150        SEK        2,410,000        (309

4/1/2016

    GBP        132,000        DKK        1,247,834        1,136   

4/1/2016

    GBP        606        DKK        5,700        1   

4/1/2016

    GBP        600        NOK        7,116        (2

4/1/2016

    USD        14,490        GBP        10,035        (66

4/1/2016

    USD        24,000        NOK        199,356        102   
                                    $ 856   

 

CURRENCY LEGEND

CHF

  – Swiss franc

DKK

  – Danish krone

EUR

  – Euro

GBP

  – British pound

NOK

  – Norwegian krone

SEK

  – Swedish krona

USD

  – U.S. dollar

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments

WisdomTree Germany Hedged Equity Fund (DXGE)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.6%      
Germany – 99.6%      
Aerospace & Defense – 0.9%      

MTU Aero Engines AG

     19,141       $ 1,838,545   
Air Freight & Logistics – 3.5%      

Deutsche Post AG Registered Shares

     253,729         7,060,726   
Auto Components – 2.7%      

Continental AG

     22,300         5,082,395   

ElringKlinger AG

     8,083         221,847   

Leoni AG(a)

     4,603         159,065   
     

 

 

 
Total Auto Components               5,463,307   
Automobiles – 12.1%      

Bayerische Motoren Werke AG

     97,358         8,953,210   

Daimler AG Registered Shares

     117,270         9,002,996   

Volkswagen AG

     43,042         6,256,140   
     

 

 

 
Total Automobiles               24,212,346   
Capital Markets – 0.1%      

AURELIUS SE & Co. KGaA

     3,687         224,781   
Chemicals – 12.3%      

BASF SE

     116,628         8,811,502   

Evonik Industries AG

     114,448         3,438,504   

Fuchs Petrolub SE

     34,771         1,349,570   

K+S AG Registered Shares(a)

     83,967         1,967,754   

LANXESS AG

     31,146         1,499,201   

Linde AG

     26,450         3,859,569   

Symrise AG

     30,045         2,020,030   

Wacker Chemie AG

     18,416         1,623,054   
     

 

 

 
Total Chemicals               24,569,184   
Construction & Engineering – 1.5%      

Hochtief AG

     23,790         2,915,670   
Construction Materials – 1.1%      

HeidelbergCement AG

     26,778         2,296,245   
Diversified Financial Services – 1.9%      

Deutsche Boerse AG

     45,814         3,915,030   
Diversified Telecommunication Services – 4.3%      

Deutsche Telekom AG Registered Shares

     484,057         8,701,607   
Electrical Equipment – 1.0%      

OSRAM Licht AG

     37,084         1,914,548   
Food & Staples Retailing – 1.5%      

METRO AG

     94,465         2,931,245   
Food Products – 1.0%      

Suedzucker AG

     115,213         2,034,355   
Health Care Equipment & Supplies – 0.1%      

Carl Zeiss Meditec AG Bearer Shares

     8,572         265,110   
Health Care Providers & Services – 3.1%      

Fresenius Medical Care AG & Co. KGaA

     33,268         2,950,959   

Fresenius SE & Co. KGaA

     43,434         3,178,089   
     

 

 

 
Total Health Care Providers & Services               6,129,048   
Health Care Technology – 0.1%      

CompuGroup Medical SE

     4,262       $ 180,429   
Hotels, Restaurants & Leisure – 1.1%      

TUI AG

     138,043         2,157,465   
Household Products – 1.7%      

Henkel AG & Co. KGaA

     34,214         3,367,444   
Industrial Conglomerates – 4.5%      

Indus Holding AG

     3,706         183,032   

Rheinmetall AG

     1,538         123,070   

Siemens AG Registered Shares

     82,533         8,760,806   
     

 

 

 
Total Industrial Conglomerates               9,066,908   
Insurance – 12.5%      

Allianz SE Registered Shares

     52,231         8,508,364   

Hannover Rueck SE

     34,698         4,048,908   

Muenchener Rueckversicherungs – Gesellschaft AG Registered Shares

     43,869         8,935,881   

Talanx AG*

     104,692         3,580,248   
     

 

 

 
Total Insurance               25,073,401   
Internet & Catalog Retail – 0.1%      

Takkt AG

     7,988         153,654   
IT Services – 0.2%      

Bechtle AG

     2,181         225,621   

Wirecard AG(a)

     2,435         92,401   
     

 

 

 
Total IT Services               318,022   
Life Sciences Tools & Services – 0.1%      

Gerresheimer AG

     2,672         209,884   
Machinery – 5.8%      

DMG MORI AG

     23,164         1,080,147   

Duerr AG

     19,632         1,545,210   

GEA Group AG

     46,509         2,278,972   

KION Group AG*

     33,039         1,929,166   

Krones AG

     2,730         329,297   

KUKA AG(a)

     1,373         143,990   

MAN SE

     37,100         4,021,419   

NORMA Group SE

     3,501         196,406   

Wacker Neuson SE

     12,231         194,851   
     

 

 

 
Total Machinery               11,719,458   
Media – 1.4%      

Axel Springer SE

     45,266         2,443,482   

CTS Eventim AG & Co. KGaA

     7,923         281,920   

Stroeer SE & Co KGaA(a)

     2,836         178,555   
     

 

 

 
Total Media               2,903,957   
Metals & Mining – 1.6%      

Aurubis AG

     29,926         1,491,289   

Salzgitter AG

     2,277         64,570   

ThyssenKrupp AG

     75,848         1,578,260   
     

 

 

 
Total Metals & Mining               3,134,119   
Multi-Utilities – 2.6%      

E.ON SE

     540,361         5,195,856   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (concluded)

WisdomTree Germany Hedged Equity Fund (DXGE)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Personal Products – 1.2%      

Beiersdorf AG

     27,371       $ 2,474,665   
Pharmaceuticals – 6.6%      

Bayer AG Registered Shares

     75,446         8,881,169   

Merck KGaA

     39,658         3,313,047   

STADA Arzneimittel AG

     26,161         1,039,984   
     

 

 

 
Total Pharmaceuticals               13,234,200   
Road & Rail – 0.1%      

Sixt SE

     3,733         201,254   
Semiconductors & Semiconductor Equipment – 1.4%   

Infineon Technologies AG

     195,516         2,786,118   
Software – 5.0%      

SAP SE

     109,242         8,851,009   

Software AG

     28,419         1,112,583   
     

 

 

 
Total Software               9,963,592   
Specialty Retail – 1.1%      

Fielmann AG

     29,895         2,272,260   
Textiles, Apparel & Luxury Goods – 3.3%      

adidas AG

     37,997         4,459,849   

Gerry Weber International AG(a)

     11,509         161,709   

Hugo Boss AG

     30,352         1,993,631   
     

 

 

 
Total Textiles, Apparel & Luxury Goods               6,615,189   
Thrifts & Mortgage Finance – 0.8%      

Aareal Bank AG

     49,759         1,614,898   
Trading Companies & Distributors – 1.2%      

BayWa AG(a)

     5,124         173,566   

Brenntag AG

     38,734         2,215,795   
     

 

 

 
Total Trading Companies & Distributors               2,389,361   
Transportation Infrastructure – 0.1%      

Hamburger Hafen und Logistik AG

     12,319         181,653   
TOTAL COMMON STOCKS
(Cost: $219,608,846)
              199,685,534   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.4%   
United States – 0.4%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(b)

     
(Cost: $897,196)(c)      897,196         897,196   

TOTAL INVESTMENTS IN SECURITIES – 100.0%

(Cost: $220,506,042)

        200,582,730   

Liabilities in Excess of Cash, Foreign Currency and
Other Assets – (0.0)%

        (81,508
     

 

 

 
NET ASSETS – 100.0%             $ 200,501,222   

 

* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(c) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $870,057 and the total market value of the collateral held by the Fund was $913,054. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $15,858.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS  
Settlement
Date
  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/4/2016

  EUR     29,220,727      USD     31,780,200      $ (1,518,294

4/4/2016

  EUR     38,352,238      USD     41,711,510        (1,992,801

4/4/2016

  EUR     38,350,651      USD     41,711,510        (1,990,993

4/4/2016

  EUR     38,351,356      USD     41,711,510        (1,991,797

4/4/2016

  EUR     38,351,532      USD     41,711,510        (1,991,997

4/4/2016

  USD     2,426,146      EUR     2,230,656        115,799   

4/4/2016

  USD     3,639,219      EUR     3,325,975        150,898   

4/4/2016

  USD     2,426,146      EUR     2,193,156        73,066   

4/4/2016

  USD     39,928,293      EUR     35,039,572        1,068   

4/4/2016

  USD     30,421,557      EUR     26,697,450        1,535   

4/4/2016

  USD     39,928,293      EUR     35,040,402        2,015   

4/4/2016

  USD     39,928,293      EUR     35,039,572        1,068   

4/4/2016

  USD     39,928,293      EUR     35,039,172        613   

5/3/2016

  EUR     37,215,560      USD     42,443,416        (1,951

5/3/2016

  EUR     28,355,139      USD     32,337,845        (1,969

5/3/2016

  EUR     37,215,691      USD     42,443,416        (2,100

5/3/2016

  EUR     37,217,257      USD     42,443,416        (3,887

5/3/2016

  EUR     37,215,136      USD     42,443,416        (1,467
                            $ (9,151,194

 

CURRENCY LEGEND

EUR

  – Euro
USD   – U.S. dollar

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments

WisdomTree Global ex-U.S. Hedged Dividend Fund (DXUS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.0%      
Australia – 4.1%      

Amcor Ltd.

     497       $ 5,486   

AMP Ltd.

     1,294         5,763   

Asciano Ltd.

     323         2,226   

Australia & New Zealand Banking Group Ltd.

     900         16,242   

BHP Billiton Ltd.

     1,283         16,640   

Commonwealth Bank of Australia

     476         27,433   

CSL Ltd.

     65         5,072   

Incitec Pivot Ltd.

     779         1,912   

Macquarie Group Ltd.

     103         5,237   

National Australia Bank Ltd.

     846         17,077   

QBE Insurance Group Ltd.

     355         2,979   

Rio Tinto Ltd.

     163         5,353   

Telstra Corp., Ltd.

     3,186         13,063   

Wesfarmers Ltd.

     408         13,009   

Westpac Banking Corp.

     988         23,067   

Woodside Petroleum Ltd.

     461         9,206   

Woolworths Ltd.

     262         4,454   
     

 

 

 
Total Australia               174,219   
Austria – 0.2%      

Andritz AG(a)

     54         2,970   

OMV AG

     133         3,747   
     

 

 

 
Total Austria               6,717   
Belgium – 1.1%      

Anheuser-Busch InBev N.V.

     330         41,083   

Colruyt S.A.

     37         2,159   

Solvay S.A.

     44         4,420   
     

 

 

 
Total Belgium               47,662   
Brazil – 0.6%      

Ambev S.A.

     1,989         10,562   

Banco do Brasil S.A.

     999         5,573   

BB Seguridade Participacoes S.A.

     650         5,447   

Vale S.A.

     1,366         5,840   
     

 

 

 
Total Brazil               27,422   
Canada – 6.6%      

Agrium, Inc.(a)

     57         5,053   

Alimentation Couche-Tard, Inc. Class B

     19         849   

AltaGas Ltd.(a)

     115         2,970   

Bank of Montreal

     203         12,378   

Bank of Nova Scotia (The)

     387         18,990   

Barrick Gold Corp.

     193         2,632   

BCE, Inc.

     352         16,108   

Brookfield Asset Management, Inc. Class A

     105         3,667   

Canadian Imperial Bank of Commerce

     143         10,726   

Canadian National Railway Co.

     105         6,588   

Canadian Natural Resources Ltd.

     368         9,995   

Canadian Tire Corp. Ltd. Class A

     26         2,718   

Cenovus Energy, Inc.

     97         1,267   

Crescent Point Energy Corp.(a)

     639         8,883   

Empire Co., Ltd.

     28         487   

Enbridge, Inc.

     238         9,303   

Encana Corp.

     672       $ 4,115   

Gildan Activewear, Inc.

     79         2,419   

Goldcorp, Inc.

     539         8,780   

Great-West Lifeco, Inc.

     372         10,279   

Imperial Oil Ltd.

     125         4,193   

Intact Financial Corp.

     36         2,531   

Inter Pipeline Ltd.

     225         4,653   

Magna International, Inc.

     107         4,619   

Manulife Financial Corp.

     555         7,887   

Metro, Inc.

     30         1,045   

Onex Corp.

     15         918   

Pembina Pipeline Corp.

     235         6,379   

Potash Corp. of Saskatchewan, Inc.

     330         5,641   

Power Financial Corp.(a)

     207         5,196   

Rogers Communications, Inc. Class B

     179         7,196   

Royal Bank of Canada

     418         24,183   

Shaw Communications, Inc. Class B

     202         3,918   

Sun Life Financial, Inc.

     162         5,248   

Suncor Energy, Inc.

     407         11,381   

TELUS Corp.

     175         5,720   

Thomson Reuters Corp.

     237         9,642   

Toronto-Dominion Bank (The)

     588         25,485   

TransCanada Corp.(a)

     283         11,172   
     

 

 

 
Total Canada               285,214   
Chile – 0.2%      

Empresa Nacional de Electricidad S.A.

     738         1,028   

Empresas CMPC S.A.

     338         790   

Empresas COPEC S.A.

     291         2,790   

Enersis Americas S.A.

     10,373         2,878   

S.A.C.I. Falabella

     139         972   
     

 

 

 
Total Chile               8,458   
China – 4.1%      

Bank of China Ltd. Class H

     16,000         6,642   

Bank of Communications Co., Ltd. Class H

     6,000         3,945   

Belle International Holdings Ltd.

     5,000         2,894   

China Communications Construction Co., Ltd. Class H

     1,000         1,195   

China Construction Bank Corp. Class H

     68,500         43,715   

China Mobile Ltd.

     3,500         39,009   

China Overseas Land & Investment Ltd.

     2,000         6,330   

China Petroleum & Chemical Corp. Class H

     10,000         6,562   

China Resources Power Holdings Co., Ltd.

     2,000         3,739   

China Unicom Hong Kong Ltd.

     6,000         7,921   

CITIC Ltd.

     4,000         6,085   

CNOOC Ltd.

     15,000         17,714   

Great Wall Motor Co., Ltd. Class H

     1,500         1,218   

Industrial & Commercial Bank of China Ltd. Class H

     26,000         14,548   

Lenovo Group Ltd.

     6,000         4,672   

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

     1,000         4,783   

Want Want China Holdings Ltd.(a)

     8,000         5,931   
     

 

 

 
Total China               176,903   
Czech Republic – 0.0%      

Komercni Banka AS

     8         1,769   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree Global ex-U.S. Hedged Dividend Fund (DXUS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Denmark – 1.6%      

AP Moeller – Maersk A/S Class B

     4       $ 5,255   

Chr Hansen Holding A/S

     122         8,203   

Coloplast A/S Class B

     107         8,121   

Danske Bank A/S

     402         11,375   

Novo Nordisk A/S Class B

     492         26,730   

Pandora A/S

     33         4,328   

Vestas Wind Systems A/S

     70         4,947   
     

 

 

 
Total Denmark               68,959   
Finland – 0.8%      

Fortum Oyj

     515         7,811   

Kone Oyj Class B

     163         7,868   

Nokia Oyj

     608         3,620   

Sampo Oyj Class A

     186         8,847   

UPM-Kymmene Oyj

     293         5,316   
     

 

 

 
Total Finland               33,462   
France – 8.1%      

Accor S.A.

     73         3,098   

Air Liquide S.A.

     59         6,649   

Airbus Group SE

     193         12,833   

AXA S.A.

     774         18,249   

BNP Paribas S.A.

     195         9,828   

Bouygues S.A.

     173         7,068   

Cap Gemini S.A.

     39         3,670   

Carrefour S.A.

     167         4,602   

Casino Guichard Perrachon S.A.

     80         4,593   

Christian Dior SE

     30         5,449   

Cie de Saint-Gobain

     195         8,606   

Credit Agricole S.A.

     450         4,881   

Danone S.A.

     125         8,904   

Electricite de France S.A.

     653         7,340   

Engie S.A.

     1,113         17,300   

Hermes International

     7         2,468   

Iliad S.A.

     2         515   

Kering

     31         5,550   

L’Oreal S.A.

     75         13,457   

Legrand S.A.

     94         5,275   

LVMH Moet Hennessy Louis Vuitton SE

     78         13,377   

Natixis S.A.

     802         3,955   

Orange S.A.

     901         15,807   

Orpea

     24         2,001   

Pernod Ricard S.A.

     40         4,467   

Publicis Groupe S.A.

     39         2,743   

Renault S.A.

     81         8,060   

Rubis SCA

     11         885   

Safran S.A.

     85         5,955   

Sanofi

     340         27,454   

Schneider Electric SE

     177         11,202   

SCOR SE

     50         1,778   

Societe Generale S.A.

     192         7,106   

Suez Environnement Co.

     194         3,564   

Teleperformance

     25         2,201   

TOTAL S.A.

     979         44,692   

Unibail-Rodamco SE

     30       $ 8,266   

Veolia Environnement S.A.

     199         4,801   

Vinci S.A.

     174         12,981   

Vivendi S.A.

     741         15,605   

Wendel S.A.

     15         1,635   
     

 

 

 
Total France               348,870   
Germany – 6.9%      

adidas AG

     47         5,517   

Allianz SE Registered Shares

     175         28,507   

BASF SE

     296         22,364   

Bayer AG Registered Shares

     193         22,719   

Bayerische Motoren Werke AG

     201         18,484   

Beiersdorf AG

     20         1,808   

Brenntag AG

     61         3,490   

Continental AG

     33         7,521   

Daimler AG Registered Shares

     319         24,490   

Deutsche Boerse AG

     52         4,444   

Deutsche Post AG Registered Shares

     423         11,771   

Deutsche Telekom AG Registered Shares

     1,339         24,070   

E.ON SE

     853         8,202   

Evonik Industries AG

     145         4,356   

Fresenius Medical Care AG & Co. KGaA

     43         3,814   

GEA Group AG

     60         2,940   

Hannover Rueck SE

     31         3,617   

Henkel AG & Co. KGaA

     27         2,657   

LEG Immobilien AG*

     56         5,287   

Linde AG

     1         146   

MAN SE

     9         976   

METRO AG

     148         4,593   

Muenchener Rueckversicherungs – Gesellschaft AG Registered Shares

     73         14,870   

ProSiebenSat.1 Media SE

     99         5,098   

SAP SE

     189         15,313   

Siemens AG Registered Shares

     301         31,951   

Symrise AG

     39         2,622   

Telefonica Deutschland Holding AG

     440         2,387   

Volkswagen AG

     99         14,390   
     

 

 

 
Total Germany               298,404   
Hong Kong – 1.7%      

AIA Group Ltd.

     1,400         7,933   

BOC Hong Kong Holdings Ltd.

     2,500         7,461   

CLP Holdings Ltd.

     500         4,522   

Hang Lung Properties Ltd.

     1,000         1,911   

Hang Seng Bank Ltd.

     500         8,838   

Hong Kong Exchanges and Clearing Ltd.

     300         7,225   

MTR Corp., Ltd.

     1,500         7,426   

New World Development Co., Ltd.

     4,000         3,811   

Power Assets Holdings Ltd.

     500         5,115   

Sun Hung Kai Properties Ltd.

     1,000         12,228   

Wharf Holdings Ltd. (The)

     1,000         5,466   
     

 

 

 
Total Hong Kong               71,936   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree Global ex-U.S. Hedged Dividend Fund (DXUS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Hungary – 0.1%      

OTP Bank PLC

     98       $ 2,462   
Indonesia – 0.4%      

Astra International Tbk PT

     9,100         4,976   

Bank Rakyat Indonesia Persero Tbk PT

     4,400         3,791   

Telekomunikasi Indonesia Persero Tbk PT

     25,400         6,369   
     

 

 

 
Total Indonesia               15,136   
Ireland – 0.5%      

CRH PLC

     466         13,185   

Kerry Group PLC Class A

     42         3,919   

Smurfit Kappa Group PLC

     144         3,717   
     

 

 

 
Total Ireland               20,821   
Israel – 0.5%      

Bezeq Israeli Telecommunication Corp., Ltd.

     2,772         6,249   

Teva Pharmaceutical Industries Ltd.

     274         14,773   
     

 

 

 
Total Israel               21,022   
Italy – 1.7%      

Assicurazioni Generali SpA

     283         4,202   

Atlantia SpA

     265         7,359   

Banca Popolare dell’Emilia Romagna SC

     195         930   

Enel SpA

     2,820         12,526   

Eni SpA

     1,500         22,734   

Intesa Sanpaolo SpA

     2,537         7,037   

Luxottica Group SpA

     95         5,251   

Mediobanca SpA

     187         1,349   

Snam SpA

     2,149         13,481   
     

 

 

 
Total Italy               74,869   
Japan – 18.8%      

Aeon Co., Ltd.

     300         4,340   

Aisin Seiki Co., Ltd.

     100         3,772   

Asahi Glass Co., Ltd.

     1,000         5,481   

Asahi Group Holdings Ltd.

     100         3,120   

Asahi Kasei Corp.

     1,000         6,770   

Astellas Pharma, Inc.

     600         7,989   

Bridgestone Corp.

     300         11,224   

Canon, Inc.

     800         23,880   

Central Japan Railway Co.

     100         17,710   

Chugai Pharmaceutical Co., Ltd.

     100         3,101   

Chugoku Electric Power Co., Inc. (The)

     200         2,705   

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

     300         3,637   

Daiichi Sankyo Co., Ltd.

     300         6,680   

Daikin Industries Ltd.

     100         7,484   

Daiwa House Industry Co., Ltd.

     300         8,451   

Daiwa Securities Group, Inc.

     1,000         6,160   

Denso Corp.

     300         12,075   

Dentsu, Inc.

     100         5,027   

East Japan Railway Co.

     100         8,642   

Eisai Co., Ltd.

     100         6,023   

FANUC Corp.

     100         15,557   

Fuji Heavy Industries Ltd.

     200         7,073   

FUJIFILM Holdings Corp.

     200         7,920   

Fujitsu Ltd.

     1,000         3,707   

Hitachi Ltd.

     2,000       $ 9,371   

Honda Motor Co., Ltd.

     500         13,728   

Hoya Corp.

     100         3,809   

Isuzu Motors Ltd.

     500         5,169   

ITOCHU Corp.

     800         9,865   

Japan Airlines Co., Ltd.

     200         7,335   

Japan Tobacco, Inc.

     700         29,209   

JFE Holdings, Inc.

     400         5,395   

JX Holdings, Inc.

     1,500         5,789   

Kao Corp.

     100         5,341   

KDDI Corp.

     900         24,070   

Kirin Holdings Co., Ltd.

     500         7,020   

Komatsu Ltd.

     300         5,114   

Kubota Corp.

     400         5,468   

Kyocera Corp.

     100         4,410   

Lawson, Inc.

     100         8,381   

LIXIL Group Corp.

     100         2,042   

Makita Corp.

     100         6,210   

Marubeni Corp.

     800         4,057   

Mitsubishi Chemical Holdings Corp.

     700         3,659   

Mitsubishi Corp.

     600         10,175   

Mitsubishi Electric Corp.

     1,000         10,494   

Mitsubishi Heavy Industries Ltd.

     1,000         3,720   

Mitsubishi Tanabe Pharma Corp.

     300         5,224   

Mitsubishi UFJ Financial Group, Inc.

     3,500         16,240   

Mitsui & Co., Ltd.

     1,000         11,522   

Mizuho Financial Group, Inc.

     8,600         12,862   

MS&AD Insurance Group Holdings, Inc.

     100         2,790   

Murata Manufacturing Co., Ltd.

     100         12,073   

Nagoya Railroad Co., Ltd.

     1,000         4,680   

Nippon Steel & Sumitomo Metal Corp.

     300         5,771   

Nippon Telegraph & Telephone Corp.

     700         30,193   

Nissan Motor Co., Ltd.

     1,700         15,753   

Nitto Denko Corp.

     100         5,567   

Nomura Holdings, Inc.

     1,000         4,474   

Nomura Research Institute Ltd.

     200         6,744   

NSK Ltd.

     300         2,749   

NTT Data Corp.

     100         5,027   

NTT DOCOMO, Inc.

     1,800         40,878   

Omron Corp.

     100         2,981   

Osaka Gas Co., Ltd.

     1,000         3,847   

Otsuka Holdings Co., Ltd.

     200         7,274   

Panasonic Corp.

     500         4,598   

Recruit Holdings Co., Ltd.

     100         3,056   

Resona Holdings, Inc.

     900         3,216   

Ricoh Co., Ltd.

     500         5,098   

Secom Co., Ltd.

     100         7,443   

Seiko Epson Corp.

     300         4,853   

Sekisui House Ltd.

     500         8,450   

Seven & I Holdings Co., Ltd.

     100         4,264   

Shin-Etsu Chemical Co., Ltd.

     100         5,182   

Shionogi & Co., Ltd.

     100         4,713   

SoftBank Group Corp.

     100         4,774   

Sompo Japan Nipponkoa Holdings, Inc.

     100         2,836   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree Global ex-U.S. Hedged Dividend Fund (DXUS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Sumitomo Chemical Co., Ltd.

     1,000       $ 4,529   

Sumitomo Corp.

     700         6,966   

Sumitomo Electric Industries Ltd.

     300         3,654   

Sumitomo Mitsui Financial Group, Inc.

     500         15,179   

Sumitomo Mitsui Trust Holdings, Inc.

     1,000         2,933   

Takeda Pharmaceutical Co., Ltd.

     300         13,709   

Tokio Marine Holdings, Inc.

     200         6,762   

Tokyo Electron Ltd.

     100         6,527   

Tokyo Gas Co., Ltd.

     1,000         4,668   

Toray Industries, Inc.

     1,000         8,534   

Toyota Motor Corp.

     1,500         79,434   

Toyota Tsusho Corp.

     100         2,263   

Trend Micro, Inc.

     100         3,666   

West Japan Railway Co.

     100         6,183   

Yahoo Japan Corp.(a)

     2,000         8,523   
     

 

 

 
Total Japan               807,021   
Malaysia – 0.3%      

Genting Bhd

     2,100         5,275   

Public Bank Bhd

     200         963   

Sime Darby Bhd

     3,200         6,520   
     

 

 

 
Total Malaysia               12,758   
Mexico – 0.9%      

Alfa S.A.B. de C.V. Class A

     1,795         3,633   

America Movil S.A.B. de C.V. Series L

     7,518         5,891   

Coca-Cola Femsa S.A.B. de C.V. Series L

     150         1,257   

Fomento Economico Mexicano S.A.B. de C.V.

     429         4,175   

Grupo Financiero Banorte S.A.B. de C.V. Class O

     200         1,137   

Grupo Mexico S.A.B. de C.V. Series B

     2,504         6,086   

Grupo Televisa S.A.B. Series CPO

     150         833   

Telesites S.A.B. de C.V.*

     1         1   

Wal-Mart de Mexico S.A.B. de C.V. Series V

     6,046         14,464   
     

 

 

 
Total Mexico               37,477   
Netherlands – 1.8%      

Aegon N.V.

     893         4,919   

Akzo Nobel N.V.

     66         4,505   

ASML Holding N.V.

     75         7,630   

Boskalis Westminster

     68         2,677   

Heineken Holding N.V.

     42         3,282   

Heineken N.V.

     101         9,167   

ING Groep N.V. CVA

     984         11,920   

Koninklijke Ahold N.V.

     245         5,520   

Koninklijke DSM N.V.

     81         4,461   

Koninklijke KPN N.V.

     1,291         5,418   

Koninklijke Philips N.V.

     334         9,529   

Steinhoff International Holdings N.V.

     608         4,004   

Wolters Kluwer N.V.

     159         6,356   
     

 

 

 
Total Netherlands               79,388   
New Zealand – 0.0%      

Spark New Zealand Ltd.

     394         998   
Norway – 0.4%      

DNB ASA

     316         3,738   

Statoil ASA

     722         11,374   

Telenor ASA

     215       $ 3,481   
     

 

 

 
Total Norway               18,593   
Philippines – 0.2%      

Philippine Long Distance Telephone Co.

     215         9,245   
Poland – 0.1%      

Bank Pekao S.A.

     92         4,071   

Powszechny Zaklad Ubezpieczen S.A.

     93         890   
     

 

 

 
Total Poland               4,961   
Portugal – 0.1%      

EDP-Energias de Portugal S.A.

     1,425         5,076   
Russia – 0.8%      

Gazprom PAO ADR

     1,878         8,100   

Lukoil PJSC ADR

     159         6,108   

Magnit PJSC GDR Reg S

     32         1,278   

MMC Norilsk Nickel PJSC ADR

     504         6,507   

Mobile TeleSystems PJSC ADR

     482         3,899   

Rosneft OAO GDR Reg S

     1,255         5,700   

Sberbank of Russia PJSC ADR

     160         1,114   
     

 

 

 
Total Russia               32,706   
Singapore – 0.8%      

CapitaLand Ltd.

     800         1,824   

DBS Group Holdings Ltd.

     400         4,569   

Global Logistic Properties Ltd.

     1,200         1,715   

Keppel Corp., Ltd.

     700         3,031   

Oversea-Chinese Banking Corp., Ltd.

     100         656   

Singapore Airlines Ltd.

     100         848   

Singapore Exchange Ltd.

     700         4,133   

Singapore Technologies Engineering Ltd.

     1,400         3,358   

Singapore Telecommunications Ltd.

     4,300         12,198   

United Overseas Bank Ltd.

     300         4,204   
     

 

 

 
Total Singapore               36,536   
South Africa – 1.1%      

Barclays Africa Group Ltd.(a)

     302         3,071   

Bidvest Group Ltd. (The)

     133         3,373   

FirstRand Ltd.

     1,445         4,752   

MTN Group Ltd.

     520         4,780   

Nedbank Group Ltd.(a)

     167         2,205   

Remgro Ltd.

     45         765   

Sanlam Ltd.

     805         3,749   

Sasol Ltd.

     235         7,055   

Standard Bank Group Ltd.

     492         4,432   

Tiger Brands Ltd.

     131         2,897   

Vodacom Group Ltd.

     785         8,568   
     

 

 

 
Total South Africa               45,647   
South Korea – 3.2%      

Hana Financial Group, Inc.

     152         3,296   

Hyundai Mobis Co., Ltd.

     21         4,572   

Hyundai Motor Co.

     84         11,202   

Industrial Bank of Korea

     264         2,828   

Kangwon Land, Inc.

     68         2,432   

KB Financial Group, Inc.

     118         3,286   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree Global ex-U.S. Hedged Dividend Fund (DXUS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Kia Motors Corp.

     127       $ 5,364   

Korea Electric Power Corp.

     103         5,422   

KT&G Corp.

     77         7,407   

LG Chem Ltd.

     19         5,441   

LG Display Co., Ltd.

     185         4,303   

NAVER Corp.

     1         557   

POSCO

     58         11,132   

Samsung Electronics Co., Ltd.

     37         42,448   

Samsung Fire & Marine Insurance Co., Ltd.

     19         4,901   

Samsung Life Insurance Co., Ltd.

     55         5,651   

Shinhan Financial Group Co., Ltd.

     153         5,418   

SK Hynix, Inc.

     136         3,348   

SK Telecom Co., Ltd.

     39         7,111   
     

 

 

 
Total South Korea               136,119   
Spain – 2.2%      

Abertis Infraestructuras S.A.

     115         1,894   

Amadeus IT Holding S.A. Class A

     89         3,822   

Banco Bilbao Vizcaya Argentaria S.A.

     840         5,592   

Banco Popular Espanol S.A.

     1,077         2,807   

Banco Santander S.A.

     4,095         18,078   

Bankinter S.A.

     117         828   

CaixaBank S.A.

     940         2,781   

Endesa S.A.

     297         5,710   

Ferrovial S.A.

     178         3,831   

Gas Natural SDG S.A.

     327         6,622   

Iberdrola S.A.

     1,040         6,946   

Industria de Diseno Textil S.A.

     330         11,118   

Red Electrica Corp. S.A.

     36         3,130   

Repsol S.A.

     596         6,737   

Telefonica S.A.

     1,384         15,538   
     

 

 

 
Total Spain               95,434   
Sweden – 2.2%      

Atlas Copco AB Class B

     704         16,622   

Hennes & Mauritz AB Class B

     404         13,490   

Nordea Bank AB

     1,620         15,587   

Swedbank AB Class A

     500         10,787   

Telefonaktiebolaget LM Ericsson Class B

     1,558         15,625   

TeliaSonera AB

     2,655         13,811   

Volvo AB Class B

     923         10,145   
     

 

 

 
Total Sweden               96,067   
Switzerland – 8.0%      

ABB Ltd. Registered Shares*

     884         17,299   

Adecco S.A. Registered Shares*

     62         4,056   

Baloise Holding AG Registered Shares

     17         2,169   

Cie Financiere Richemont S.A. Registered Shares

     115         7,631   

Clariant AG Registered Shares*

     170         3,089   

Credit Suisse Group AG Registered Shares*

     183         2,601   

Givaudan S.A. Registered Shares

     5         9,847   

Kuehne + Nagel International AG Registered Shares

     60         8,565   

Nestle S.A. Registered Shares

     855         64,148   

Novartis AG Registered Shares

     691         50,293   

Partners Group Holding AG

     14         5,650   

Roche Holding AG Bearer Shares

     23         5,800   

Roche Holding AG Genusschein

     232       $ 57,343   

SGS S.A. Registered Shares

     5         10,609   

STMicroelectronics N.V.

     911         5,058   

Swatch Group AG (The) Registered Shares

     76         5,139   

Swiss Life Holding AG Registered Shares*

     9         2,403   

Swiss Re AG

     283         26,271   

Swisscom AG Registered Shares

     19         10,367   

Syngenta AG Registered Shares

     33         13,784   

UBS Group AG Registered Shares

     945         15,285   

Zurich Insurance Group AG*

     79         18,421   
     

 

 

 
Total Switzerland               345,828   
Taiwan – 2.6%      

Chunghwa Telecom Co., Ltd.

     4,000         13,609   

E.Sun Financial Holding Co., Ltd.

     15,000         8,389   

First Financial Holding Co., Ltd.

     27,000         13,339   

Hon Hai Precision Industry Co., Ltd.

     3,400         8,959   

Hua Nan Financial Holdings Co., Ltd.

     25,000         12,429   

SinoPac Financial Holdings Co., Ltd.

     14,000         4,328   

Taishin Financial Holding Co., Ltd.

     23,000         8,111   

Taiwan Cooperative Financial Holding Co., Ltd.

     26,000         11,633   

Taiwan Semiconductor Manufacturing Co., Ltd.

     6,000         30,201   
     

 

 

 
Total Taiwan               110,998   
Thailand – 0.3%      

Advanced Info Service PCL NVDR

     400         2,070   

CP ALL PCL NVDR

     2,500         3,251   

PTT PCL NVDR

     700         5,571   
     

 

 

 
Total Thailand               10,892   
Turkey – 0.2%      

Akbank TAS

     1,183         3,369   

Turkiye Garanti Bankasi AS

     1,294         3,787   
     

 

 

 
Total Turkey               7,156   
United Kingdom – 15.8%      

Aberdeen Asset Management PLC

     1,011         4,031   

Associated British Foods PLC

     103         4,958   

AstraZeneca PLC

     430         24,119   

Aviva PLC

     1,144         7,500   

BAE Systems PLC

     1,660         12,144   

Barclays PLC

     34         73   

BHP Billiton PLC

     1,246         14,019   

BP PLC

     10,136         51,012   

British American Tobacco PLC

     590         34,683   

BT Group PLC

     1,876         11,878   

Carnival PLC

     83         4,476   

Centrica PLC

     2,190         7,167   

Compass Group PLC

     464         8,190   

Diageo PLC

     690         18,660   

easyJet PLC

     69         1,506   

GlaxoSmithKline PLC

     2,584         52,441   

HSBC Holdings PLC

     7,352         45,850   

Imperial Brands PLC

     336         18,656   

ITV PLC

     1,283         4,448   

J Sainsbury PLC

     1,141         4,531   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree Global ex-U.S. Hedged Dividend Fund (DXUS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

John Wood Group PLC

     452       $ 3,995   

Kingfisher PLC

     878         4,754   

Legal & General Group PLC

     2,337         7,900   

Lloyds Banking Group PLC

     9,463         9,252   

Marks & Spencer Group PLC

     841         4,910   

National Grid PLC

     1,528         21,681   

Next PLC

     6         466   

Old Mutual PLC

     1,632         4,529   

Pearson PLC

     267         3,358   

Pennon Group PLC

     291         3,392   

Prudential PLC

     542         10,135   

Reckitt Benckiser Group PLC

     156         15,090   

RELX N.V.

     340         5,945   

RELX PLC

     422         7,849   

Rio Tinto PLC

     659         18,522   

Royal Dutch Shell PLC Class A

     1,933         46,787   

Royal Dutch Shell PLC Class B

     1,386         33,866   

SABMiller PLC

     310         18,963   

Segro PLC

     115         678   

Sky PLC

     524         7,712   

Smith & Nephew PLC

     302         4,983   

Smiths Group PLC

     296         4,578   

SSE PLC

     484         10,379   

Standard Life PLC

     898         4,596   

Taylor Wimpey PLC

     2,594         7,095   

Unilever N.V. CVA

     562         25,223   

Unilever PLC

     385         17,445   

United Utilities Group PLC

     331         4,391   

Vodafone Group PLC

     10,533         33,488   

WM Morrison Supermarkets PLC(a)

     1,768         5,049   
     

 

 

 
Total United Kingdom               677,353   
TOTAL COMMON STOCKS
(Cost: $4,613,778)
              4,254,558   
EXCHANGE-TRADED NOTE – 1.5%   
United States – 1.5%      

iPath MSCI India Index ETN*

     
(Cost: $72,187)      1,063         66,746   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.0%   
United States – 1.0%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(b)

     
(Cost: $41,257)(c)      41,257         41,257   

TOTAL INVESTMENTS IN SECURITIES – 101.5%

(Cost: $4,727,222)

        4,362,561   

Liabilities in Excess of Cash, Foreign Currency and
Other Assets – (1.5)%

        (64,033
     

 

 

 
NET ASSETS – 100.0%             $ 4,298,528   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(c) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $56,482 and the total market value of the collateral held by the Fund was $60,329. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $19,072.

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.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS  
Settlement
Date
  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/4/2016

    AUD        46,935        USD        33,474      $ (2,631

4/4/2016

    AUD        46,934        USD        33,474        (2,630

4/4/2016

    AUD        46,938        USD        33,474        (2,633

4/4/2016

    AUD        35,760        USD        25,504        (2,004

4/4/2016

    AUD        46,937        USD        33,474        (2,632

4/4/2016

    CHF        70,681        USD        71,077        (2,730

4/4/2016

    CHF        70,682        USD        71,077        (2,731

4/4/2016

    CHF        70,677        USD        71,077        (2,725

4/4/2016

    CHF        53,854        USD        54,157        (2,079

4/4/2016

    CHF        70,680        USD        71,077        (2,729

4/4/2016

    CZK        8,789        USD        353        (17

4/4/2016

    CZK        8,789        USD        353        (17

4/4/2016

    CZK        8,787        USD        353        (17

4/4/2016

    CZK        6,771        USD        272        (13

4/4/2016

    CZK        8,788        USD        353        (17

4/4/2016

    DKK        96,269        USD        14,039        (686

4/4/2016

    DKK        96,269        USD        14,039        (686

4/4/2016

    DKK        96,266        USD        14,039        (685

4/4/2016

    DKK        73,355        USD        10,697        (523

4/4/2016

    DKK        96,278        USD        14,039        (687

4/4/2016

    EUR        193,086        USD        210,003        (10,028

4/4/2016

    EUR        193,082        USD        210,003        (10,024

4/4/2016

    EUR        193,087        USD        210,003        (10,029

4/4/2016

    EUR        147,118        USD        160,004        (7,644

4/4/2016

    EUR        193,090        USD        210,003        (10,033

4/4/2016

    GBP        95,367        USD        132,914        (4,157

4/4/2016

    GBP        95,369        USD        132,914        (4,159

4/4/2016

    GBP        95,362        USD        132,914        (4,149

4/4/2016

    GBP        72,658        USD        101,268        (3,164

4/4/2016

    GBP        95,365        USD        132,914        (4,154

4/4/2016

    HUF        73,686        USD        258        (9

4/4/2016

    HUF        73,673        USD        258        (9

4/4/2016

    HUF        73,667        USD        258        (9

4/4/2016

    HUF        57,399        USD        201        (7

4/4/2016

    HUF        73,667        USD        258        (9

4/4/2016

    ILS        18,532        USD        4,752        (177

4/4/2016

    ILS        18,531        USD        4,752        (177

4/4/2016

    ILS        18,528        USD        4,752        (176

4/4/2016

    ILS        14,124        USD        3,622        (135

4/4/2016

    ILS        18,530        USD        4,752        (177

4/4/2016

    NOK        32,409        USD        3,717        (201

4/4/2016

    NOK        32,410        USD        3,717        (201

4/4/2016

    NOK        32,412        USD        3,717        (202

4/4/2016

    NOK        24,720        USD        2,835        (154

4/4/2016

    NOK        32,411        USD        3,717        (202

4/4/2016

    NZD        438        USD        288        (16

4/4/2016

    NZD        438        USD        288        (16

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree Global ex-U.S. Hedged Dividend Fund (DXUS)

March 31, 2016

 

  

 

 

Settlement
Date
  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/4/2016

    NZD        438        USD        288      $ (16

4/4/2016

    NZD        334        USD        220        (12

4/4/2016

    NZD        438        USD        288        (16

4/4/2016

    PHP        501,241        USD        10,508        (383

4/4/2016

    PLN        3,732        USD        933        (70

4/4/2016

    PLN        3,732        USD        933        (70

4/4/2016

    PLN        3,733        USD        933        (70

4/4/2016

    PLN        2,856        USD        714        (53

4/4/2016

    PLN        3,732        USD        933        (70

4/4/2016

    SEK        169,292        USD        19,734        (1,149

4/4/2016

    SEK        169,294        USD        19,734        (1,149

4/4/2016

    SEK        169,280        USD        19,734        (1,147

4/4/2016

    SEK        129,001        USD        15,038        (875

4/4/2016

    SEK        169,061        USD        19,734        (1,120

4/4/2016

    TRY        4,003        USD        1,341        (80

4/4/2016

    TRY        4,001        USD        1,341        (79

4/4/2016

    TRY        4,002        USD        1,341        (79

4/4/2016

    TRY        3,058        USD        1,025        (60

4/4/2016

    TRY        4,016        USD        1,341        (84

4/4/2016

    USD        33,474        AUD        43,516        1   

4/4/2016

    USD        33,474        AUD        43,516        1   

4/4/2016

    USD        25,504        AUD        33,156        1   

4/4/2016

    USD        33,474        AUD        43,515          

4/4/2016

    USD        33,474        AUD        43,516        1   

4/4/2016

    USD        71,077        CHF        68,065        (1

4/4/2016

    USD        71,077        CHF        68,065        (2

4/4/2016

    USD        71,077        CHF        68,067          

4/4/2016

    USD        54,157        CHF        51,866        2   

4/4/2016

    USD        71,077        CHF        68,065        (2

4/4/2016

    USD        353        CZK        8,379          

4/4/2016

    USD        272        CZK        6,457          

4/4/2016

    USD        353        CZK        8,379          

4/4/2016

    USD        353        CZK        8,379          

4/4/2016

    USD        353        CZK        8,379          

4/4/2016

    USD        14,039        DKK        91,789          

4/4/2016

    USD        14,039        DKK        91,786          

4/4/2016

    USD        14,039        DKK        91,782        (1

4/4/2016

    USD        10,697        DKK        69,943        1   

4/4/2016

    USD        14,039        DKK        91,791        1   

4/4/2016

    USD        210,003        EUR        184,291        6   

4/4/2016

    USD        16,959        EUR        14,900        21   

4/4/2016

    USD        160,004        EUR        140,417        8   

4/4/2016

    USD        210,003        EUR        184,291        6   

4/4/2016

    USD        210,003        EUR        184,295        11   

4/4/2016

    USD        210,003        EUR        184,289        3   

4/4/2016

    USD        132,914        GBP        92,477        4   

4/4/2016

    USD        132,914        GBP        92,477        4   

4/4/2016

    USD        101,268        GBP        70,461        5   

4/4/2016

    USD        132,914        GBP        92,475          

4/4/2016

    USD        132,914        GBP        92,478        4   

4/4/2016

    USD        258        HUF        71,134          

4/4/2016

    USD        201        HUF        55,422          

4/4/2016

    USD        258        HUF        71,136          

4/4/2016

    USD        258        HUF        71,132          

4/4/2016

    USD        258        HUF        71,137          

4/4/2016

    USD        4,752        ILS        17,866          

4/4/2016

    USD        4,752        ILS        17,866          

4/4/2016

    USD        4,752        ILS        17,865          

4/4/2016

    USD        3,622        ILS        13,618          

4/4/2016

    USD        4,752        ILS        17,866      $   

4/4/2016

    USD        3,717        NOK        30,745          

4/4/2016

    USD        3,717        NOK        30,745          

4/4/2016

    USD        3,717        NOK        30,744          

4/4/2016

    USD        2,835        NOK        23,451          

4/4/2016

    USD        3,717        NOK        30,746          

4/4/2016

    USD        288        NZD        415          

4/4/2016

    USD        220        NZD        317          

4/4/2016

    USD        288        NZD        415          

4/4/2016

    USD        288        NZD        415          

4/4/2016

    USD        288        NZD        415          

4/4/2016

    USD        10,889        PHP        501,241        2   

4/4/2016

    USD        933        PLN        3,473          

4/4/2016

    USD        933        PLN        3,473          

4/4/2016

    USD        714        PLN        2,658          

4/4/2016

    USD        933        PLN        3,473          

4/4/2016

    USD        933        PLN        3,472          

4/4/2016

    USD        19,734        SEK        159,982          

4/4/2016

    USD        19,734        SEK        159,982        1   

4/4/2016

    USD        19,734        SEK        159,978          

4/4/2016

    USD        15,038        SEK        121,921        2   

4/4/2016

    USD        19,734        SEK        159,979          

4/4/2016

    USD        1,341        TRY        3,779          

4/4/2016

    USD        1,341        TRY        3,779          

4/4/2016

    USD        1,341        TRY        3,779          

4/4/2016

    USD        1,341        TRY        3,779          

4/4/2016

    USD        1,025        TRY        2,889          

4/5/2016

    BRL        16,848        USD        4,197        (556

4/5/2016

    BRL        16,848        USD        4,196        (556

4/5/2016

    BRL        16,848        USD        4,195        (557

4/5/2016

    BRL        12,839        USD        3,199        (423

4/5/2016

    BRL        16,848        USD        4,195        (557

4/5/2016

    CAD        73,909        USD        54,559        (2,583

4/5/2016

    CAD        73,909        USD        54,559        (2,582

4/5/2016

    CAD        73,903        USD        54,559        (2,578

4/5/2016

    CAD        56,313        USD        41,572        (1,966

4/5/2016

    CAD        73,905        USD        54,559        (2,580

4/5/2016

    CLP        1,115,667        USD        1,599        (69

4/5/2016

    CLP        1,115,667        USD        1,600        (68

4/5/2016

    CLP        1,115,667        USD        1,600        (67

4/5/2016

    CLP        850,033        USD        1,219        (51

4/5/2016

    CLP        1,115,667        USD        1,597        (71

4/5/2016

    HKD        386,468        USD        49,704        (121

4/5/2016

    HKD        386,454        USD        49,704        (119

4/5/2016

    HKD        386,459        USD        49,704        (120

4/5/2016

    HKD        294,436        USD        37,871        (89

4/5/2016

    HKD        386,436        USD        49,704        (117

4/5/2016

    IDR        183,434,832        USD        13,578        (229

4/5/2016

    JPY        18,859,616        USD        167,276        (528

4/5/2016

    JPY        18,859,800        USD        167,276        (530

4/5/2016

    JPY        18,859,867        USD        167,276        (531

4/5/2016

    JPY        14,370,136        USD        127,452        (407

4/5/2016

    JPY        18,860,000        USD        167,276        (532

4/5/2016

    KRW        46,688,961        USD        37,716        (3,110

4/5/2016

    KRW        51,207,249        USD        41,370        (3,408

4/5/2016

    KRW        52,713,344        USD        42,586        (3,509

4/5/2016

    MXN        129,646        USD        7,147        (417

4/5/2016

    MXN        129,637        USD        7,147        (417

4/5/2016

    MXN        129,647        USD        7,147        (417

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree Global ex-U.S. Hedged Dividend Fund (DXUS)

March 31, 2016

 

  

 

 

Settlement
Date
  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/5/2016

    MXN        98,811        USD        5,448      $ (317

4/5/2016

    MXN        129,643        USD        7,147        (417

4/5/2016

    MYR        46,026        USD        10,907        (828

4/5/2016

    SGD        9,767        USD        6,939        (314

4/5/2016

    SGD        9,767        USD        6,939        (314

4/5/2016

    SGD        9,767        USD        6,939        (314

4/5/2016

    SGD        7,441        USD        5,287        (239

4/5/2016

    SGD        9,767        USD        6,939        (314

4/5/2016

    THB        397,752        USD        11,142        (152

4/5/2016

    USD        4,749        BRL        16,848        4   

4/5/2016

    USD        4,750        BRL        16,848        3   

4/5/2016

    USD        4,745        BRL        16,848        8   

4/5/2016

    USD        3,621        BRL        12,839        1   

4/5/2016

    USD        4,754        BRL        16,848        (2

4/5/2016

    USD        54,559        CAD        70,569          

4/5/2016

    USD        54,559        CAD        70,569        1   

4/5/2016

    USD        41,572        CAD        53,773        2   

4/5/2016

    USD        54,559        CAD        70,572        2   

4/5/2016

    USD        54,559        CAD        70,570        1   

4/5/2016

    USD        1,673        CLP        1,115,667        (5

4/5/2016

    USD        1,668        CLP        1,115,667          

4/5/2016

    USD        1,664        CLP        1,115,667        3   

4/5/2016

    USD        1,271        CLP        850,033          

4/5/2016

    USD        1,668        CLP        1,115,667          

4/5/2016

    USD        49,704        HKD        385,541        1   

4/5/2016

    USD        37,871        HKD        293,778        4   

4/5/2016

    USD        49,704        HKD        385,551        3   

4/5/2016

    USD        49,704        HKD        385,532          

4/5/2016

    USD        49,704        HKD        385,543        2   

4/5/2016

    USD        13,808        IDR        183,434,832        (1

4/5/2016

    USD        167,276        JPY        18,799,764        (4

4/5/2016

    USD        167,276        JPY        18,799,313        (8

4/5/2016

    USD        167,276        JPY        18,800,534        3   

4/5/2016

    USD        127,452        JPY        14,324,661        2   

4/5/2016

    USD        167,276        JPY        18,801,538        12   

4/5/2016

    USD        32,927        KRW        37,652,388        (3

4/5/2016

    USD        32,922        KRW        37,652,388        3   

4/5/2016

    USD        32,927        KRW        37,652,388        (3

4/5/2016

    USD        32,919        KRW        37,652,390        6   

4/5/2016

    USD        7,147        MXN        122,500          

4/5/2016

    USD        7,147        MXN        122,492          

4/5/2016

    USD        5,448        MXN        93,387        1   

4/5/2016

    USD        7,147        MXN        122,496          

4/5/2016

    USD        7,147        MXN        122,502          

4/5/2016

    USD        11,738        MYR        46,026        (3

4/5/2016

    USD        6,939        SGD        9,344          

4/5/2016

    USD        6,939        SGD        9,344          

4/5/2016

    USD        5,287        SGD        7,120        1   

4/5/2016

    USD        6,939        SGD        9,344          

4/5/2016

    USD        6,939        SGD        9,344          

4/5/2016

    USD        11,295        THB        397,752        (2

4/6/2016

    INR        4,215,753        USD        61,001        (2,542

4/6/2016

    USD        63,500        INR        4,215,753        42   

4/7/2016

    TWD        3,551,218        USD        106,308        (4,010

4/7/2016

    USD        55,171        TWD        1,775,609        (11

4/7/2016

    USD        55,177        TWD        1,775,609        (18

4/7/2016

    USD        9,269        ZAR        136,413          

4/7/2016

    USD        7,064        ZAR        103,968        1   

4/7/2016

    USD        9,269        ZAR        136,407          

4/7/2016

    USD        9,269        ZAR        136,401      1   

4/7/2016

    USD        9,269        ZAR        136,400        (1

4/7/2016

    ZAR        147,364        USD        9,269        (744

4/7/2016

    ZAR        147,207        USD        9,269        (734

4/7/2016

    ZAR        112,181        USD        7,064        (559

4/7/2016

    ZAR        147,348        USD        9,269        (743

4/7/2016

    ZAR        147,329        USD        9,269        (742

5/3/2016

    AUD        46,795        USD        35,948        (1

5/3/2016

    AUD        46,794        USD        35,948          

5/3/2016

    AUD        46,796        USD        35,948        (2

5/3/2016

    AUD        35,660        USD        27,393        (2

5/3/2016

    AUD        46,796        USD        35,948        (1

5/3/2016

    CHF        68,375        USD        71,487        (2

5/3/2016

    CHF        52,098        USD        54,467        (4

5/3/2016

    CHF        68,373        USD        71,487        1   

5/3/2016

    CHF        68,378        USD        71,487        (6

5/3/2016

    CHF        68,373        USD        71,487          

5/3/2016

    CZK        9,583        USD        404          

5/3/2016

    CZK        9,583        USD        404          

5/3/2016

    CZK        9,584        USD        404          

5/3/2016

    CZK        7,403        USD        312          

5/3/2016

    CZK        9,585        USD        404          

5/3/2016

    DKK        93,730        USD        14,346        (2

5/3/2016

    DKK        93,717        USD        14,346          

5/3/2016

    DKK        93,720        USD        14,346          

5/3/2016

    DKK        71,424        USD        10,932        (1

5/3/2016

    DKK        93,725        USD        14,346        (1

5/3/2016

    EUR        193,670        USD        220,876        (10

5/3/2016

    EUR        147,564        USD        168,290        (10

5/3/2016

    EUR        193,679        USD        220,876        (20

5/3/2016

    EUR        193,671        USD        220,876        (11

5/3/2016

    EUR        193,668        USD        220,876        (8

5/3/2016

    HUF        81,670        USD        296          

5/3/2016

    HUF        81,677        USD        296          

5/3/2016

    HUF        81,675        USD        296          

5/3/2016

    HUF        62,648        USD        227          

5/3/2016

    HUF        81,691        USD        296          

5/3/2016

    ILS        16,990        USD        4,521          

5/3/2016

    ILS        16,991        USD        4,521        (1

5/3/2016

    ILS        16,992        USD        4,521        (1

5/3/2016

    ILS        12,948        USD        3,445        (1

5/3/2016

    ILS        16,991        USD        4,521        (1

5/3/2016

    NOK        32,629        USD        3,944          

5/3/2016

    NOK        32,627        USD        3,944          

5/3/2016

    NOK        32,626        USD        3,944          

5/3/2016

    NOK        24,878        USD        3,007          

5/3/2016

    NOK        32,628        USD        3,944          

5/3/2016

    NZD        433        USD        300          

5/3/2016

    NZD        336        USD        233          

5/3/2016

    NZD        433        USD        300          

5/3/2016

    NZD        433        USD        300          

5/3/2016

    NZD        433        USD        300          

5/3/2016

    PHP        484,654        USD        10,512        (4

5/3/2016

    SEK        163,871        USD        20,234        (1

5/3/2016

    SEK        163,874        USD        20,234        (1

5/3/2016

    SEK        163,864        USD        20,234          

5/3/2016

    SEK        124,876        USD        15,418        (2

5/3/2016

    SEK        163,868        USD        20,234        (1

5/3/2016

    TRY        4,332        USD        1,524        (1

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (concluded)

WisdomTree Global ex-U.S. Hedged Dividend Fund (DXUS)

March 31, 2016

 

  

 

 

Settlement
Date
  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

5/3/2016

    TRY        4,330        USD        1,524      $   

5/3/2016

    TRY        3,305        USD        1,163          

5/3/2016

    TRY        4,331        USD        1,524          

5/3/2016

    TRY        4,331        USD        1,524          

5/4/2016

    BRL        20,118        USD        5,626        (4

5/4/2016

    BRL        15,331        USD        4,290          

5/4/2016

    BRL        20,118        USD        5,632        2   

5/4/2016

    BRL        20,118        USD        5,630          

5/4/2016

    BRL        20,118        USD        5,628        (2

5/4/2016

    CAD        76,890        USD        59,445        (4

5/4/2016

    CAD        76,887        USD        59,445        (1

5/4/2016

    CAD        58,587        USD        45,294        (3

5/4/2016

    CAD        76,889        USD        59,445        (2

5/4/2016

    CAD        76,890        USD        59,445        (3

5/4/2016

    CLP        1,132,115        USD        1,692        4   

5/4/2016

    CLP        1,132,115        USD        1,688          

5/4/2016

    CLP        1,132,115        USD        1,683        (5

5/4/2016

    CLP        1,132,115        USD        1,688          

5/4/2016

    CLP        862,564        USD        1,286          

5/4/2016

    GBP        95,085        USD        136,671        (7

5/4/2016

    GBP        72,448        USD        104,133        (6

5/4/2016

    GBP        95,081        USD        136,671        (1

5/4/2016

    GBP        95,085        USD        136,671        (7

5/4/2016

    GBP        95,085        USD        136,671        (7

5/4/2016

    HKD        405,114        USD        52,238        (3

5/4/2016

    HKD        308,705        USD        39,804        (5

5/4/2016

    HKD        405,096        USD        52,238        (1

5/4/2016

    HKD        405,127        USD        52,238        (5

5/4/2016

    HKD        405,157        USD        52,238        (9

5/4/2016

    IDR        183,934,366        USD        13,793        (13

5/4/2016

    INR        4,381,481        USD        65,719        (60

5/4/2016

    KRW        38,578,666        USD        33,704        (12

5/4/2016

    KRW        38,578,666        USD        33,708        (7

5/4/2016

    KRW        38,578,666        USD        33,710        (5

5/4/2016

    KRW        38,578,668        USD        33,701        (15

5/4/2016

    MXN        131,309        USD        7,640        (1

5/4/2016

    MXN        100,071        USD        5,822        (1

5/4/2016

    MXN        131,300        USD        7,640          

5/4/2016

    MXN        131,307        USD        7,640          

5/4/2016

    MXN        131,321        USD        7,640        (1

5/4/2016

    PLN        3,869        USD        1,039          

5/4/2016

    PLN        3,870        USD        1,039          

5/4/2016

    PLN        2,950        USD        792          

5/4/2016

    PLN        3,869        USD        1,039          

5/4/2016

    PLN        3,869        USD        1,039          

5/5/2016

    MYR        46,304        USD        11,812        (5

5/5/2016

    SGD        10,330        USD        7,669        (2

5/5/2016

    SGD        10,329        USD        7,669        (1

5/5/2016

    SGD        7,874        USD        5,846        (1

5/5/2016

    SGD        10,330        USD        7,669        (2

5/5/2016

    SGD        10,330        USD        7,669        (2

5/5/2016

    TWD        1,811,935        USD        56,333        (25

5/5/2016

    TWD        1,811,934        USD        56,332        (25

5/9/2016

    JPY        19,016,991        USD        169,355        (16

5/9/2016

    JPY        19,017,211        USD        169,355        (18

5/9/2016

    JPY        14,488,612        USD        129,033        (7

5/9/2016

    JPY        19,017,448        USD        169,355        (20

5/9/2016

    JPY        19,018,024        USD        169,355        (25

5/9/2016

    THB        405,772        USD        11,518      7   

5/9/2016

    ZAR        154,378        USD        10,423        (1

5/9/2016

    ZAR        154,360        USD        10,423          

5/9/2016

    ZAR        154,368        USD        10,423          

5/9/2016

    ZAR        117,643        USD        7,942        (1

5/9/2016

    ZAR        154,479        USD        10,423        (8
                                    $ (148,325

 

CURRENCY LEGEND
AUD   – Australian dollar
BRL   – Brazilian real
CAD   – Canadian dollar
CHF   – Swiss franc
CLP   – Chilean peso
CZK   – Czech koruna
DKK   – Danish krone
EUR   – Euro
GBP   – British pound
HKD   – Hong Kong dollar
HUF   – Hungary forint
IDR   – Indonesian rupiah
ILS   – Israeli New shekel
INR   – Indian rupee
JPY   – Japanese yen
KRW   – South Korean won
MXN   – Mexican peso
MYR   – Malaysian ringgit
NOK   – Norwegian krone
NZD   – New Zealand dollar
PHP   – Philippine peso
PLN   – Polish zloty
SEK   – Swedish krona
SGD   – Singapore dollar
THB   – Thai baht
TRY   – Turkish New lira
TWD   – New Taiwan dollar
USD   – U.S. dollar
ZAR   – South African rand

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments

WisdomTree Global ex-U.S. Hedged Real Estate Fund (HDRW)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 100.5%      
Australia – 13.4%      

Abacus Property Group

     1,665       $ 3,817   

BWP Trust

     2,288         6,019   

Charter Hall Group

     1,484         5,297   

Charter Hall Retail REIT

     1,770         6,250   

Cromwell Property Group

     9,260         7,408   

Dexus Property Group

     3,711         22,666   

Goodman Group

     4,805         24,654   

GPT Group (The)

     5,969         22,958   

Growthpoint Properties Australia Ltd.

     2,263         5,466   

Investa Office Fund

     2,238         7,214   

LendLease Group

     1,775         18,938   

Mirvac Group

     14,550         21,658   

Scentre Group

     20,392         69,648   

Stockland

     10,561         34,690   

Vicinity Centres

     11,804         28,966   

Westfield Corp.

     5,288         40,637   
     

 

 

 
Total Australia               326,286   
Austria – 0.2%      

CA Immobilien Anlagen AG*

     197         3,878   
Belgium – 1.0%      

Befimmo S.A.

     89         5,726   

Cofinimmo S.A.

     108         13,274   

Warehouses De Pauw

     63         5,998   
     

 

 

 
Total Belgium               24,998   
Brazil – 0.4%      

BR Malls Participacoes S.A.

     1,296         5,394   

Multiplan Empreendimentos Imobiliarios S.A.

     299         4,530   
     

 

 

 
Total Brazil               9,924   
Canada – 7.1%      

Allied Properties Real Estate Investment Trust

     232         6,272   

Artis Real Estate Investment Trust

     718         7,122   

Boardwalk Real Estate Investment Trust

     133         5,325   

Brookfield Asset Management, Inc. Class A

     991         34,608   

Canadian Apartment Properties REIT

     354         7,904   

Canadian Real Estate Investment Trust

     243         8,467   

Cominar Real Estate Investment Trust

     1,008         13,404   

Dream Office Real Estate Investment Trust

     835         13,395   

First Capital Realty, Inc.

     697         11,112   

Granite Real Estate Investment Trust

     211         6,103   

H&R Real Estate Investment Trust

     1,290         20,934   

RioCan Real Estate Investment Trust

     1,275         26,221   

Smart Real Estate Investment Trust

     485         12,723   
     

 

 

 
Total Canada               173,590   
Chile – 0.1%      

Parque Arauco S.A.

     1,682         3,092   
China – 15.8%      

China Jinmao Holdings Group Ltd.

     44,000         12,253   

China Overseas Land & Investment Ltd.

     16,000         50,641   

China Resources Land Ltd.

     12,200         31,300   

China South City Holdings Ltd.

     40,000       $ 8,251   

China Vanke Co., Ltd. Class H

     3,500         8,583   

CIFI Holdings Group Co., Ltd.

     44,000         10,551   

Country Garden Holdings Co., Ltd.

     130,000         51,621   

Dalian Wanda Commercial Properties Co., Ltd. Class H(a)

     1,000         5,924   

Evergrande Real Estate Group Ltd.(b)

     124,000         95,759   

Guorui Properties Ltd.

     6,000         2,096   

KWG Property Holding Ltd.

     15,500         10,191   

Logan Property Holdings Co., Ltd.

     12,000         4,471   

Longfor Properties Co., Ltd.

     15,000         21,388   

Poly Property Group Co., Ltd.

     10,000         2,733   

Shenzhen Investment Ltd.

     26,000         10,324   

Shimao Property Holdings Ltd.

     17,500         25,901   

Shui On Land Ltd.

     20,500         5,524   

Sino-Ocean Land Holdings Ltd.

     28,500         13,485   

Sunac China Holdings Ltd.

     12,000         8,076   

Yuexiu Property Co., Ltd.

     38,000         5,487   
     

 

 

 
Total China               384,559   
Finland – 0.5%      

Citycon Oyj

     2,691         6,802   

Sponda Oyj

     1,208         5,093   
     

 

 

 
Total Finland               11,895   
France – 8.8%      

Fonciere Des Regions

     255         24,133   

Gecina S.A.

     198         27,301   

ICADE

     311         23,858   

Klepierre

     704         33,775   

Mercialys S.A.

     397         9,227   

Nexity S.A.

     231         12,055   

Unibail-Rodamco SE

     306         84,316   
     

 

 

 
Total France               214,665   
Germany – 2.8%      

alstria office REIT-AG*

     275         3,973   

Deutsche Euroshop AG

     118         5,551   

Deutsche Wohnen AG Bearer Shares

     474         14,762   

LEG Immobilien AG*

     124         11,707   

TAG Immobilien AG(b)

     440         5,962   

Vonovia SE

     734         26,452   
     

 

 

 
Total Germany               68,407   
Hong Kong – 18.5%      

Champion REIT

     22,000         11,203   

Fortune Real Estate Investment Trust

     8,000         8,571   

Hang Lung Group Ltd.

     3,000         8,606   

Hang Lung Properties Ltd.

     14,000         26,749   

Henderson Land Development Co., Ltd.

     6,000         36,859   

Hui Xian REIT

     19,000         9,121   

Hysan Development Co., Ltd.

     3,000         12,783   

Joy City Property Ltd.

     12,000         1,826   

Link REIT

     7,000         41,513   

New World Development Co., Ltd.

     35,000         33,346   

Sino Land Co., Ltd.

     18,000         28,497   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree Global ex-U.S. Hedged Real Estate Fund (HDRW)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Sun Hung Kai Properties Ltd.

     7,000       $ 85,599   

Swire Pacific Ltd. Class A

     3,000         32,295   

Swire Properties Ltd.

     12,800         34,572   

Wharf Holdings Ltd. (The)

     9,000         49,197   

Wheelock & Co., Ltd.

     5,000         22,336   

Yuexiu Real Estate Investment Trust

     16,000         8,890   
     

 

 

 
Total Hong Kong               451,963   
Indonesia – 0.3%      

Bumi Serpong Damai Tbk PT

     14,200         1,965   

Lippo Karawaci Tbk PT

     45,800         3,610   

Summarecon Agung Tbk PT

     18,500         2,211   
     

 

 

 
Total Indonesia               7,786   
Ireland – 0.1%      

Green REIT PLC

     839         1,349   
Israel – 0.7%      

Azrieli Group Ltd.

     180         7,062   

Gazit-Globe Ltd.

     690         6,293   

Melisron Ltd.

     120         4,319   
     

 

 

 
Total Israel               17,674   
Italy – 0.2%      

Beni Stabili SpA SIIQ

     5,114         3,843   
Japan – 4.7%      

Aeon Mall Co., Ltd.

     100         1,483   

Daito Trust Construction Co., Ltd.

     200         28,435   

Daiwa House Industry Co., Ltd.

     1,000         28,169   

Hulic Co., Ltd.

     400         3,829   

Mitsubishi Estate Co., Ltd.

     1,000         18,600   

Mitsui Fudosan Co., Ltd.

     1,000         24,983   

Nomura Real Estate Holdings, Inc.

     200         3,701   

NTT Urban Development Corp.

     300         2,939   

Tokyu Fudosan Holdings Corp.

     200         1,360   
     

 

 

 
Total Japan               113,499   
Malaysia – 1.2%      

IGB Real Estate Investment Trust

     6,500         2,549   

IOI Properties Group Bhd

     6,900         4,085   

KLCCP Stapled Group

     4,400         8,075   

SP Setia Bhd Group

     4,200         3,370   

Sunway Bhd

     4,900         3,944   

Sunway Real Estate Investment Trust

     11,900         4,880   

UEM Sunrise Bhd

     9,300         2,717   
     

 

 

 
Total Malaysia               29,620   
Mexico – 1.7%      

Concentradora Fibra Danhos S.A. de C.V.

     1,693         3,553   

Fibra Uno Administracion S.A. de C.V.

     11,262         26,391   

Macquarie Mexico Real Estate Management S.A. de C.V.*

     3,591         4,880   

PLA Administradora Industrial S de RL de C.V.*

     2,891         5,403   
     

 

 

 
Total Mexico               40,227   
Netherlands – 0.6%      

Eurocommercial Properties N.V. CVA

     140         6,562   

Wereldhave N.V.

     131         7,337   
     

 

 

 
Total Netherlands               13,899   
New Zealand – 0.2%      

Kiwi Property Group Ltd.

     4,308       $ 4,322   
Norway – 0.2%      

Entra ASA(a)

     529         4,989   
Philippines – 0.9%      

Ayala Land, Inc.

     11,900         9,110   

Robinsons Land Corp.

     3,700         2,242   

SM Prime Holdings, Inc.

     20,500         9,773   
     

 

 

 
Total Philippines               21,125   
Singapore – 7.9%      

Ascendas Real Estate Investment Trust

     11,116         19,729   

Ascott Residence Trust

     7,800         6,198   

CapitaLand Commercial Trust Ltd.

     14,000         15,283   

CapitaLand Ltd.

     9,300         21,202   

CapitaLand Mall Trust

     14,400         22,350   

City Developments Ltd.

     1,400         8,494   

Frasers Centrepoint Trust

     3,900         5,792   

Global Logistic Properties Ltd.

     8,100         11,579   

Keppel REIT

     11,900         8,793   

Mapletree Commercial Trust

     9,500         9,947   

Mapletree Greater China Commercial Trust

     13,800         9,787   

Mapletree Industrial Trust

     9,800         11,608   

Mapletree Logistics Trust

     13,400         10,050   

SPH REIT

     7,100         5,088   

Starhill Global REIT

     10,800         6,256   

Suntec Real Estate Investment Trust

     11,500         14,305   

UOL Group Ltd.

     1,400         6,238   
     

 

 

 
Total Singapore               192,699   
South Africa – 2.3%      

Fortress Income Fund Ltd.

     3,197         7,782   

Fortress Income Fund Ltd. Class A

     4,047         4,323   

Growthpoint Properties Ltd.

     9,817         16,399   

Hyprop Investments Ltd.

     816         6,528   

Redefine Properties Ltd.

     17,121         13,945   

Resilient REIT Ltd.

     871         8,027   
     

 

 

 
Total South Africa               57,004   
Sweden – 1.5%      

Atrium Ljungberg AB Class B

     220         3,813   

Castellum AB

     423         6,736   

Fabege AB

     334         5,649   

Hemfosa Fastigheter AB

     246         2,708   

Hufvudstaden AB Class A

     464         7,366   

Kungsleden AB

     297         2,107   

Wallenstam AB Class B

     502         4,347   

Wihlborgs Fastigheter AB

     171         3,637   
     

 

 

 
Total Sweden               36,363   
Switzerland – 1.3%      

PSP Swiss Property AG Registered Shares

     134         12,943   

Swiss Prime Site AG Registered Shares*

     220         19,481   
     

 

 

 
Total Switzerland               32,424   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree Global ex-U.S. Hedged Real Estate Fund (HDRW)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Taiwan – 0.8%      

Highwealth Construction Corp.

     6,000       $ 8,762   

Ruentex Development Co., Ltd.

     8,000         10,129   
     

 

 

 
Total Taiwan               18,891   
Thailand – 1.2%      

Central Pattana PCL NVDR

     5,100         7,466   

Land & Houses PCL NVDR

     64,100         16,307   

Pruksa Real Estate PCL NVDR

     8,700         6,677   
     

 

 

 
Total Thailand               30,450   
Turkey – 0.4%      

Emlak Konut Gayrimenkul Yatirim Ortakligi AS

     9,506         9,689   
United Kingdom – 5.7%      

Big Yellow Group PLC

     374         4,163   

British Land Co. PLC (The)

     2,553         25,704   

Capital & Counties Properties PLC

     288         1,365   

Countrywide PLC

     556         3,082   

Derwent London PLC

     96         4,349   

Foxtons Group PLC

     829         1,939   

Great Portland Estates PLC

     422         4,416   

Hammerson PLC

     2,191         18,218   

Hansteen Holdings PLC(b)

     2,228         3,407   

Intu Properties PLC

     3,842         17,284   

Land Securities Group PLC

     1,545         24,449   

Londonmetric Property PLC

     2,041         4,653   

Savills PLC

     298         3,255   

Segro PLC

     2,002         11,806   

Shaftesbury PLC

     417         5,460   

Unite Group PLC (The)

     403         3,687   

Workspace Group PLC

     187         2,105   
     

 

 

 
Total United Kingdom               139,342   

TOTAL COMMON STOCKS

(Cost: $2,466,941)

              2,448,452   
EXCHANGE-TRADED NOTE – 0.0%   
United States – 0.0%      

iPath MSCI India Index ETN*

     
(Cost: $509)      8         502   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.4%   
United States – 0.4%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

     
(Cost: $9,894)(d)      9,894         9,894   
TOTAL INVESTMENTS IN SECURITIES – 100.9%
(Cost: $2,477,344)
        2,458,848   

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

        (21,946
     

 

 

 
NET ASSETS – 100.0%             $ 2,436,902   
* 

Non-income producing security.

 

(a) 

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

 

(b) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(c) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(d) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $89,965 and the total market value of the collateral held by the Fund was $96,637. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $86,743.

CVA – Certificaten Van Aandelen (Certificate of Stock)

ETN – Exchange-Traded Note

NVDR – Non-Voting Depositary Receipt

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS  
Settlement
Date
  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/4/2016

    AUD        89,310        USD        63,698      $ (5,004

4/4/2016

    AUD        89,315        USD        63,698        (5,008

4/4/2016

    AUD        89,314        USD        63,698        (5,007

4/4/2016

    AUD        89,319        USD        63,698        (5,011

4/4/2016

    AUD        68,053        USD        48,536        (3,814

4/4/2016

    CHF        6,407        USD        6,443        (247

4/4/2016

    CHF        6,407        USD        6,443        (248

4/4/2016

    CHF        6,407        USD        6,443        (248

4/4/2016

    CHF        6,407        USD        6,443        (247

4/4/2016

    CHF        4,885        USD        4,912        (189

4/4/2016

    EUR        60,206        USD        65,482        (3,126

4/4/2016

    EUR        60,208        USD        65,482        (3,128

4/4/2016

    EUR        60,207        USD        65,482        (3,127

4/4/2016

    EUR        60,207        USD        65,482        (3,127

4/4/2016

    EUR        45,873        USD        49,893        (2,382

4/4/2016

    GBP        19,554        USD        27,252        (853

4/4/2016

    GBP        19,554        USD        27,252        (852

4/4/2016

    GBP        19,552        USD        27,252        (851

4/4/2016

    GBP        19,554        USD        27,252        (852

4/4/2016

    GBP        14,897        USD        20,764        (648

4/4/2016

    ILS        12,923        USD        3,314        (124

4/4/2016

    ILS        12,924        USD        3,314        (124

4/4/2016

    ILS        12,924        USD        3,314        (124

4/4/2016

    ILS        12,922        USD        3,314        (123

4/4/2016

    ILS        9,860        USD        2,529        (94

4/4/2016

    NOK        8,615        USD        988        (54

4/4/2016

    NOK        8,615        USD        988        (54

4/4/2016

    NOK        8,615        USD        988        (54

4/4/2016

    NOK        8,615        USD        988        (54

4/4/2016

    NOK        6,583        USD        755        (41

4/4/2016

    NZD        1,299        USD        855        (47

4/4/2016

    NZD        1,299        USD        855        (47

4/4/2016

    NZD        1,299        USD        855        (47

4/4/2016

    NZD        1,299        USD        855        (47

4/4/2016

    NZD        991        USD        652        (36

4/4/2016

    PHP        918,166        USD        19,249        (702

4/4/2016

    SEK        62,462        USD        7,281        (424

4/4/2016

    SEK        62,465        USD        7,281        (424

4/4/2016

    SEK        62,461        USD        7,281        (424

4/4/2016

    SEK        62,457        USD        7,281        (423

4/4/2016

    SEK        47,622        USD        5,551        (323

4/4/2016

    TRY        5,218        USD        1,749        (103

4/4/2016

    TRY        5,220        USD        1,749        (103

4/4/2016

    TRY        5,221        USD        1,749        (104

4/4/2016

    TRY        5,219        USD        1,749        (103

4/4/2016

    TRY        3,982        USD        1,334        (79

4/4/2016

    USD        63,698        AUD        82,807        2   

4/4/2016

    USD        63,698        AUD        82,807        2   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree Global ex-U.S. Hedged Real Estate Fund (HDRW)

March 31, 2016

 

  

 

 

Settlement
Date
  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/4/2016

    USD        63,698        AUD        82,810      $ 3   

4/4/2016

    USD        48,536        AUD        63,092        (2

4/4/2016

    USD        63,698        AUD        82,808        2   

4/4/2016

    USD        6,443        CHF        6,170          

4/4/2016

    USD        4,912        CHF        4,704          

4/4/2016

    USD        6,443        CHF        6,170          

4/4/2016

    USD        6,443        CHF        6,170          

4/4/2016

    USD        6,443        CHF        6,170          

4/4/2016

    USD        65,482        EUR        57,465        2   

4/4/2016

    USD        65,482        EUR        57,465        2   

4/4/2016

    USD        65,482        EUR        57,466        3   

4/4/2016

    USD        49,893        EUR        43,785        2   

4/4/2016

    USD        65,482        EUR        57,464        1   

4/4/2016

    USD        27,252        GBP        18,961        1   

4/4/2016

    USD        27,252        GBP        18,961        1   

4/4/2016

    USD        27,252        GBP        18,961        1   

4/4/2016

    USD        20,764        GBP        14,447        1   

4/4/2016

    USD        27,252        GBP        18,961        1   

4/4/2016

    USD        3,314        ILS        12,459          

4/4/2016

    USD        3,314        ILS        12,460          

4/4/2016

    USD        3,314        ILS        12,460          

4/4/2016

    USD        2,529        ILS        9,509          

4/4/2016

    USD        3,314        ILS        12,460          

4/4/2016

    USD        988        NOK        8,172          

4/4/2016

    USD        988        NOK        8,173          

4/4/2016

    USD        988        NOK        8,172          

4/4/2016

    USD        755        NOK        6,245          

4/4/2016

    USD        988        NOK        8,172          

4/4/2016

    USD        855        NZD        1,231          

4/4/2016

    USD        855        NZD        1,231          

4/4/2016

    USD        855        NZD        1,231          

4/4/2016

    USD        652        NZD        939          

4/4/2016

    USD        855        NZD        1,231          

4/4/2016

    USD        19,947        PHP        918,166        4   

4/4/2016

    USD        7,281        SEK        59,025          

4/4/2016

    USD        7,281        SEK        59,026          

4/4/2016

    USD        7,281        SEK        59,027          

4/4/2016

    USD        7,281        SEK        59,031        1   

4/4/2016

    USD        5,551        SEK        45,005        1   

4/4/2016

    USD        1,749        TRY        4,929          

4/4/2016

    USD        1,749        TRY        4,929          

4/4/2016

    USD        1,749        TRY        4,929          

4/4/2016

    USD        1,749        TRY        4,929          

4/4/2016

    USD        1,334        TRY        3,760          

4/5/2016

    BRL        6,396        USD        1,593        (211

4/5/2016

    BRL        6,396        USD        1,591        (213

4/5/2016

    BRL        6,396        USD        1,593        (211

4/5/2016

    BRL        6,396        USD        1,593        (212

4/5/2016

    BRL        4,875        USD        1,215        (160

4/5/2016

    CAD        45,114        USD        33,303        (1,576

4/5/2016

    CAD        45,114        USD        33,303        (1,576

4/5/2016

    CAD        45,111        USD        33,303        (1,574

4/5/2016

    CAD        45,111        USD        33,303        (1,574

4/5/2016

    CAD        34,374        USD        25,375        (1,201

4/5/2016

    CLP        370,468        USD        531        (23

4/5/2016

    CLP        370,468        USD        531        (23

4/5/2016

    CLP        370,468        USD        531        (22

4/5/2016

    CLP        370,468        USD        531        (23

4/5/2016

    CLP        282,265        USD        405      (17

4/5/2016

    HKD        1,251,956        USD        161,021        (385

4/5/2016

    HKD        1,251,914        USD        161,021        (380

4/5/2016

    HKD        1,252,000        USD        161,021        (391

4/5/2016

    HKD        1,251,973        USD        161,021        (387

4/5/2016

    HKD        953,971        USD        122,687        (302

4/5/2016

    IDR        101,978,603        USD        7,548        (127

4/5/2016

    JPY        2,649,744        USD        23,502        (74

4/5/2016

    JPY        2,649,690        USD        23,502        (74

4/5/2016

    JPY        2,649,770        USD        23,502        (74

4/5/2016

    JPY        2,649,779        USD        23,502        (75

4/5/2016

    JPY        2,019,076        USD        17,908        (57

4/5/2016

    MXN        138,181        USD        7,618        (444

4/5/2016

    MXN        138,195        USD        7,618        (445

4/5/2016

    MXN        138,190        USD        7,618        (445

4/5/2016

    MXN        138,191        USD        7,618        (445

4/5/2016

    MXN        105,328        USD        5,806        (339

4/5/2016

    MYR        113,652        USD        26,932        (2,046

4/5/2016

    SGD        54,099        USD        38,431        (1,743

4/5/2016

    SGD        54,096        USD        38,431        (1,741

4/5/2016

    SGD        54,095        USD        38,431        (1,741

4/5/2016

    SGD        54,091        USD        38,431        (1,738

4/5/2016

    SGD        41,222        USD        29,283        (1,329

4/5/2016

    THB        1,029,328        USD        28,833        (392

4/5/2016

    USD        1,803        BRL        6,396        1   

4/5/2016

    USD        1,803        BRL        6,396        1   

4/5/2016

    USD        1,805        BRL        6,396        (1

4/5/2016

    USD        1,374        BRL        4,875        1   

4/5/2016

    USD        1,804        BRL        6,396          

4/5/2016

    USD        33,303        CAD        43,076          

4/5/2016

    USD        33,303        CAD        43,077        2   

4/5/2016

    USD        33,303        CAD        43,077        1   

4/5/2016

    USD        25,375        CAD        32,822        1   

4/5/2016

    USD        33,303        CAD        43,076        1   

4/5/2016

    USD        555        CLP        370,468        (2

4/5/2016

    USD        554        CLP        370,468          

4/5/2016

    USD        554        CLP        370,468          

4/5/2016

    USD        554        CLP        370,468          

4/5/2016

    USD        422        CLP        282,265        (1

4/5/2016

    USD        161,021        HKD        1,248,998        4   

4/5/2016

    USD        161,021        HKD        1,249,092        16   

4/5/2016

    USD        161,021        HKD        1,249,030        8   

4/5/2016

    USD        122,687        HKD        951,723        12   

4/5/2016

    USD        161,021        HKD        1,249,005        5   

4/5/2016

    USD        7,676        IDR        101,978,603          

4/5/2016

    USD        23,502        JPY        2,641,335        (1

4/5/2016

    USD        23,502        JPY        2,641,450          

4/5/2016

    USD        17,908        JPY        2,012,744          

4/5/2016

    USD        23,502        JPY        2,641,272        (1

4/5/2016

    USD        23,502        JPY        2,641,584        2   

4/5/2016

    USD        7,618        MXN        130,573          

4/5/2016

    USD        7,618        MXN        130,564          

4/5/2016

    USD        7,618        MXN        130,584        1   

4/5/2016

    USD        5,806        MXN        99,523        1   

4/5/2016

    USD        7,618        MXN        130,575          

4/5/2016

    USD        28,985        MYR        113,652        (8

4/5/2016

    USD        38,431        SGD        51,753        2   

4/5/2016

    USD        38,431        SGD        51,751          

4/5/2016

    USD        38,431        SGD        51,753        1   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree Global ex-U.S. Hedged Real Estate Fund (HDRW)

March 31, 2016

 

  

 

 

Settlement
Date
  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/5/2016

    USD        29,283        SGD        39,437      $ 3   

4/5/2016

    USD        38,431        SGD        51,756        4   

4/5/2016

    USD        29,230        THB        1,029,328        (5

4/6/2016

    CNY        61,381        USD        9,335        (158

4/6/2016

    INR        40,653        USD        588        (25

4/6/2016

    USD        9,493        CNY        61,381          

4/6/2016

    USD        612        INR        40,653          

4/7/2016

    TWD        572,971        USD        17,152        (647

4/7/2016

    USD        8,901        TWD        286,485        (2

4/7/2016

    USD        8,903        TWD        286,486        (3

4/7/2016

    USD        10,285        ZAR        151,365          

4/7/2016

    USD        10,285        ZAR        151,353        (1

4/7/2016

    USD        10,285        ZAR        151,375        1   

4/7/2016

    USD        7,838        ZAR        115,360        1   

4/7/2016

    USD        10,285        ZAR        151,351        (1

4/7/2016

    ZAR        163,343        USD        10,285        (814

4/7/2016

    ZAR        163,508        USD        10,285        (825

4/7/2016

    ZAR        163,517        USD        10,285        (826

4/7/2016

    ZAR        163,499        USD        10,285        (825

4/7/2016

    ZAR        124,610        USD        7,838        (629

5/3/2016

    AUD        87,997        USD        67,600        (2

5/3/2016

    AUD        87,999        USD        67,600        (3

5/3/2016

    AUD        88,000        USD        67,600        (4

5/3/2016

    AUD        67,046        USD        51,509        2   

5/3/2016

    AUD        87,999        USD        67,600        (3

5/3/2016

    CHF        6,460        USD        6,754          

5/3/2016

    CHF        6,460        USD        6,754          

5/3/2016

    CHF        6,460        USD        6,754          

5/3/2016

    CHF        4,926        USD        5,150          

5/3/2016

    CHF        6,460        USD        6,754          

5/3/2016

    EUR        62,971        USD        71,817        (3

5/3/2016

    EUR        62,972        USD        71,817        (4

5/3/2016

    EUR        62,971        USD        71,817        (4

5/3/2016

    EUR        47,981        USD        54,720        (3

5/3/2016

    EUR        62,970        USD        71,817        (2

5/3/2016

    ILS        13,826        USD        3,679          

5/3/2016

    ILS        13,826        USD        3,679          

5/3/2016

    ILS        10,539        USD        2,804          

5/3/2016

    ILS        13,827        USD        3,679        (1

5/3/2016

    ILS        13,826        USD        3,679          

5/3/2016

    NOK        8,836        USD        1,068          

5/3/2016

    NOK        8,835        USD        1,068          

5/3/2016

    NOK        6,767        USD        818          

5/3/2016

    NOK        8,836        USD        1,068          

5/3/2016

    NOK        8,835        USD        1,068          

5/3/2016

    NZD        1,297        USD        899          

5/3/2016

    NZD        1,297        USD        899          

5/3/2016

    NZD        1,297        USD        899          

5/3/2016

    NZD        993        USD        688          

5/3/2016

    NZD        1,297        USD        899          

5/3/2016

    PHP        976,807        USD        21,187        (8

5/3/2016

    SEK        61,713        USD        7,620          

5/3/2016

    SEK        61,714        USD        7,620          

5/3/2016

    SEK        61,717        USD        7,620        (1

5/3/2016

    SEK        47,057        USD        5,810        (1

5/3/2016

    SEK        61,712        USD        7,620          

5/3/2016

    TRY        5,670        USD        1,995        (1

5/3/2016

    TRY        5,669        USD        1,995          

5/3/2016

    TRY        4,325        USD        1,522          

5/3/2016

    TRY        5,670        USD        1,995      (1

5/3/2016

    TRY        5,669        USD        1,995          

5/4/2016

    BRL        7,426        USD        2,077        (1

5/4/2016

    BRL        5,658        USD        1,582        (1

5/4/2016

    BRL        7,426        USD        2,078          

5/4/2016

    BRL        7,426        USD        2,078          

5/4/2016

    BRL        7,426        USD        2,079        1   

5/4/2016

    CAD        46,768        USD        36,157        (2

5/4/2016

    CAD        46,767        USD        36,157        (2

5/4/2016

    CAD        46,768        USD        36,157        (2

5/4/2016

    CAD        35,634        USD        27,549        (2

5/4/2016

    CAD        46,768        USD        36,157        (2

5/4/2016

    CLP        385,857        USD        577        1   

5/4/2016

    CLP        385,857        USD        575          

5/4/2016

    CLP        385,857        USD        575          

5/4/2016

    CLP        385,857        USD        575          

5/4/2016

    CLP        293,990        USD        439        1   

5/4/2016

    GBP        20,354        USD        29,256        (1

5/4/2016

    GBP        20,354        USD        29,256        (2

5/4/2016

    GBP        20,354        USD        29,256        (1

5/4/2016

    GBP        15,511        USD        22,294        (1

5/4/2016

    GBP        20,354        USD        29,256        (1

5/4/2016

    HKD        1,344,395        USD        173,355        (10

5/4/2016

    HKD        1,344,439        USD        173,355        (16

5/4/2016

    HKD        1,024,399        USD        132,080        (20

5/4/2016

    HKD        1,344,478        USD        173,355        (21

5/4/2016

    HKD        1,344,538        USD        173,355        (28

5/4/2016

    IDR        104,444,796        USD        7,832        (7

5/4/2016

    INR        52,249        USD        784        (1

5/4/2016

    MXN        143,563        USD        8,353        (1

5/4/2016

    MXN        143,553        USD        8,353          

5/4/2016

    MXN        109,408        USD        6,365        (1

5/4/2016

    MXN        143,575        USD        8,353        (1

5/4/2016

    MXN        143,576        USD        8,353        (1

5/5/2016

    CNY        58,128        USD        8,971        (7

5/5/2016

    MYR        116,171        USD        29,635        (11

5/5/2016

    SGD        54,654        USD        40,578        (6

5/5/2016

    SGD        54,659        USD        40,578        (9

5/5/2016

    SGD        54,657        USD        40,578        (8

5/5/2016

    SGD        41,646        USD        30,917        (8

5/5/2016

    SGD        54,659        USD        40,578        (10

5/5/2016

    TWD        300,366        USD        9,338        (4

5/5/2016

    TWD        300,367        USD        9,338        (4

5/9/2016

    JPY        2,695,089        USD        24,001        (2

5/9/2016

    JPY        2,694,978        USD        24,001        (1

5/9/2016

    JPY        2,695,120        USD        24,001        (3

5/9/2016

    JPY        2,053,646        USD        18,289        (1

5/9/2016

    JPY        2,695,235        USD        24,001        (4

5/9/2016

    THB        1,071,918        USD        30,427        18   

5/9/2016

    ZAR        174,210        USD        11,762        (1

5/9/2016

    ZAR        174,190        USD        11,762          

5/9/2016

    ZAR        174,228        USD        11,762        (2

5/9/2016

    ZAR        132,745        USD        8,962        (1

5/9/2016

    ZAR        174,325        USD        11,762        (9
                                    $ (76,953

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (concluded)

WisdomTree Global ex-U.S. Hedged Real Estate Fund (HDRW)

March 31, 2016

 

  

 

 

 

CURRENCY LEGEND
AUD   – Australian dollar
BRL   – Brazilian real
CAD   – Canadian dollar
CHF   – Swiss franc
CLP   – Chilean peso
CNY   – Chinese yuan
EUR   – Euro
GBP   – British pound
HKD   – Hong Kong dollar
IDR   – Indonesian rupiah
ILS   – Israeli New shekel
INR   – Indian rupee
JPY   – Japanese yen
MXN   – Mexican peso
MYR   – Malaysian ringgit
NOK   – Norwegian krone
NZD   – New Zealand dollar
PHP   – Philippine peso
SEK   – Swedish krona
SGD   – Singapore dollar
THB   – Thai baht
TRY   – Turkish New lira
TWD   – New Taiwan dollar
USD   – U.S. dollar
ZAR   – South African rand

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments

WisdomTree International Dividend ex-Financials Fund (DOO)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.1%      
Australia – 8.9%      

BHP Billiton Ltd.

     181,853       $ 2,358,552   

Rio Tinto Ltd.

     80,862         2,655,449   

Telstra Corp., Ltd.

     846,663         3,471,404   

Wesfarmers Ltd.

     114,507         3,651,101   

Woodside Petroleum Ltd.

     261,106         5,214,214   

Woolworths Ltd.

     193,000         3,281,081   
     

 

 

 
Total Australia               20,631,801   
Belgium – 1.0%      

Anheuser-Busch InBev N.V.

     18,373         2,287,363   
China – 1.7%      

CNOOC Ltd.

     2,572,000         3,037,371   

Lenovo Group Ltd.

     1,074,000         836,320   
     

 

 

 
Total China               3,873,691   
Denmark – 0.8%      

Coloplast A/S Class B

     25,131         1,907,326   
Finland – 2.4%      

Fortum Oyj(a)

     276,766         4,197,826   

Nokia Oyj

     242,228         1,442,262   
     

 

 

 
Total Finland               5,640,088   
France – 8.5%      

Cap Gemini S.A.

     14,103         1,327,150   

Electricite de France S.A.(a)

     193,715         2,177,459   

Engie S.A.

     229,696         3,570,273   

Orange S.A.

     216,019         3,789,703   

Sanofi

     25,957         2,095,990   

TOTAL S.A.(a)

     87,318         3,986,101   

Vivendi S.A.

     130,785         2,754,187   
     

 

 

 
Total France               19,700,863   
Germany – 8.6%      

BASF SE

     29,024         2,192,827   

Bayerische Motoren Werke AG

     20,905         1,922,460   

Daimler AG Registered Shares

     24,978         1,917,599   

Deutsche Telekom AG Registered Shares

     150,541         2,706,187   

Evonik Industries AG

     62,330         1,872,658   

Infineon Technologies AG

     98,151         1,398,659   

SAP SE

     17,577         1,424,124   

Siemens AG Registered Shares

     26,262         2,787,688   

Telefonica Deutschland Holding AG

     664,428         3,604,788   
     

 

 

 
Total Germany               19,826,990   
Hong Kong – 1.5%      

CLP Holdings Ltd.

     374,500         3,386,966   
Israel – 0.7%      

Teva Pharmaceutical Industries Ltd.

     28,622         1,543,205   
Italy – 5.9%      

Atlantia SpA

     112,048         3,111,668   

Eni SpA

     306,786         4,649,655   

Snam SpA

     915,747         5,744,687   
     

 

 

 
Total Italy               13,506,010   
Japan – 7.0%      

Canon, Inc.

     83,200       $ 2,483,527   

Eisai Co., Ltd.

     24,700         1,487,780   

Kyocera Corp.

     21,800         961,454   

Mitsui & Co., Ltd.

     218,200         2,514,071   

NTT DOCOMO, Inc.

     125,900         2,859,199   

Sumitomo Corp.

     232,500         2,313,726   

Takeda Pharmaceutical Co., Ltd.

     49,000         2,239,103   

Yahoo Japan Corp.(a)

     317,900         1,354,812   
     

 

 

 
Total Japan               16,213,672   
Norway – 2.4%      

Statoil ASA

     219,500         3,457,863   

Yara International ASA

     56,120         2,112,833   
     

 

 

 
Total Norway               5,570,696   
Portugal – 1.7%      

EDP-Energias de Portugal S.A.

     1,098,187         3,912,000   
Singapore – 1.3%      

Singapore Telecommunications Ltd.

     1,056,600         2,997,335   
Spain – 7.2%      

Abertis Infraestructuras S.A.

     203,499         3,350,917   

Amadeus IT Holding S.A. Class A

     30,950         1,329,292   

Ferrovial S.A.

     130,988         2,818,916   

Gas Natural SDG S.A.

     135,656         2,747,008   

Repsol S.A.

     245,342         2,773,430   

Telefonica S.A.

     315,467         3,541,701   
     

 

 

 
Total Spain               16,561,264   
Sweden – 4.8%      

Hennes & Mauritz AB Class B

     58,702         1,960,185   

Sandvik AB

     228,073         2,363,247   

Telefonaktiebolaget LM Ericsson Class B

     253,484         2,542,126   

TeliaSonera AB

     812,941         4,228,813   
     

 

 

 
Total Sweden               11,094,371   
Switzerland – 9.4%      

Givaudan S.A. Registered Shares

     1,314         2,587,797   

Kuehne + Nagel International AG Registered Shares

     30,319         4,327,893   

Nestle S.A. Registered Shares

     32,832         2,463,300   

Novartis AG Registered Shares

     21,484         1,563,656   

Roche Holding AG Bearer Shares

     8,369         2,110,493   

SGS S.A. Registered Shares

     1,590         3,373,759   

Swisscom AG Registered Shares

     5,724         3,123,051   

Syngenta AG Registered Shares

     4,836         2,019,945   
     

 

 

 
Total Switzerland               21,569,894   
United Kingdom – 25.3%      

AstraZeneca PLC

     42,188         2,366,351   

BAE Systems PLC

     364,549         2,666,988   

BHP Billiton PLC

     194,792         2,191,641   

BP PLC

     592,008         2,979,402   

British American Tobacco PLC

     53,289         3,132,624   

Centrica PLC

     809,465         2,649,162   

Diageo PLC

     68,801         1,860,572   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (concluded)

WisdomTree International Dividend ex-Financials Fund (DOO)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

GlaxoSmithKline PLC

     175,896       $ 3,569,752   

Imperial Brands PLC

     61,720         3,426,873   

Marks & Spencer Group PLC

     248,574         1,451,253   

National Grid PLC

     237,241         3,366,218   

Next PLC

     15,191         1,179,037   

Pearson PLC

     135,488         1,703,948   

RELX N.V.

     139,335         2,436,468   

RELX PLC

     101,304         1,884,119   

Rio Tinto PLC

     73,741         2,072,594   

Royal Dutch Shell PLC Class A

     137,329         3,323,929   

SABMiller PLC

     40,154         2,456,280   

Sky PLC

     129,606         1,907,535   

Smith & Nephew PLC

     67,972         1,121,552   

SSE PLC

     141,855         3,042,012   

Unilever N.V. CVA

     58,130         2,608,944   

Unilever PLC

     48,414         2,193,681   

Vodafone Group PLC

     829,596         2,637,541   
     

 

 

 
Total United Kingdom               58,228,476   
TOTAL COMMON STOCKS
(Cost: $265,719,332)
              228,452,011   
EXCHANGE-TRADED FUND – 0.1%   
United States – 0.1%      

WisdomTree International LargeCap Dividend Fund(a)(b)

     
(Cost: $235,837)      5,511         230,746   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.4%   
United States – 2.4%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

     
(Cost: $5,503,096)(d)      5,503,096         5,503,096   

TOTAL INVESTMENTS IN SECURITIES – 101.6%

(Cost: $271,458,265)

        234,185,853   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (1.6)%

        (3,702,817
     

 

 

 
NET ASSETS – 100.0%             $ 230,483,036   
(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Affiliated company (See Note 3).

 

(c) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(d) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $10,899,170 and the total market value of the collateral held by the Fund was $11,845,410. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $6,342,314.

CVA – Certificaten Van Aandelen (Certificate of Stock)

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS  
Settlement
Date
  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/1/2016

    AUD        171,536        USD        131,848      $ (106

4/1/2016

    GBP        90,977        USD        131,299        537   
                                    $ 431   

 

CURRENCY LEGEND
AUD   – Australian dollar
GBP   – British pound
USD   – U.S. dollar

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments

WisdomTree International Equity Fund (DWM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.3%      
Australia – 8.1%      

Adelaide Brighton Ltd.

     72,341       $ 282,137   

AGL Energy Ltd.

     46,199         653,910   

Amcor Ltd.

     58,099         641,339   

AMP Ltd.

     181,967         810,473   

ASX Ltd.

     12,438         396,399   

Aurizon Holdings Ltd.

     152,212         463,673   

Australia & New Zealand Banking Group Ltd.

     210,882         3,805,703   

Bank of Queensland Ltd.

     51,621         481,278   

Bendigo & Adelaide Bank Ltd.

     56,408         384,886   

BHP Billiton Ltd.

     215,862         2,799,633   

Boral Ltd.

     53,190         252,863   

Brambles Ltd.

     65,608         611,684   

Brickworks Ltd.

     30,530         372,006   

Cabcharge Australia Ltd.

     83,304         207,624   

Caltex Australia Ltd.

     14,352         375,590   

Cardno Ltd.(a)

     42,499         36,615   

Coca-Cola Amatil Ltd.

     61,870         420,726   

Cochlear Ltd.

     4,561         358,924   

Commonwealth Bank of Australia

     107,024         6,168,027   

Computershare Ltd.

     37,770         284,154   

Crown Resorts Ltd.

     36,017         345,218   

CSL Ltd.

     10,320         805,297   

CSR Ltd.

     63,362         160,846   

ERM Power Ltd.

     74,938         82,434   

Flight Centre Travel Group Ltd.(a)

     8,212         273,087   

Fortescue Metals Group Ltd.(a)

     266,791         523,334   

GrainCorp Ltd. Class A

     45,212         262,236   

Incitec Pivot Ltd.

     89,332         219,212   

Insurance Australia Group Ltd.

     260,415         1,117,809   

IOOF Holdings Ltd.(a)

     50,178         342,377   

JB Hi-Fi Ltd.(a)

     11,921         216,234   

LendLease Group

     46,927         500,687   

Macquarie Group Ltd.

     18,980         964,938   

McMillan Shakespeare Ltd.(a)

     19,596         188,277   

Mineral Resources Ltd.(a)

     42,821         197,970   

Monadelphous Group Ltd.(a)

     26,516         145,230   

National Australia Bank Ltd.

     203,149         4,100,585   

Navitas Ltd.

     57,117         223,201   

Origin Energy Ltd.

     59,880         234,459   

Perpetual Ltd.

     8,053         269,844   

Platinum Asset Management Ltd.

     59,765         291,936   

Primary Health Care Ltd.

     88,324         254,787   

QBE Insurance Group Ltd.

     47,331         397,226   

Ramsay Health Care Ltd.

     7,499         353,962   

Rio Tinto Ltd.

     20,929         687,293   

Santos Ltd.

     55,515         172,101   

Sonic Healthcare Ltd.

     29,090         420,249   

Southern Cross Media Group Ltd.

     231,220         197,431   

Star Entertainment Grp Ltd. (The)

     52,611         229,875   

Suncorp Group Ltd.

     110,502         1,012,393   

Super Retail Group Ltd.(a)

     25,277         166,443   

Tabcorp Holdings Ltd.

     80,055         263,572   

Tatts Group Ltd.

     148,654       432,251   

Telstra Corp., Ltd.

     796,129         3,264,209   

Wesfarmers Ltd.

     73,859         2,355,024   

Westpac Banking Corp.

     239,915         5,601,230   

Woodside Petroleum Ltd.

     97,770         1,952,440   

Woolworths Ltd.

     94,273         1,602,681   
     

 

 

 
Total Australia         50,636,022   
Austria – 0.4%      

Andritz AG(a)

     4,886         268,676   

EVN AG

     19,757         227,392   

Oesterreichische Post AG

     8,341         339,613   

OMV AG

     20,221         569,735   

UNIQA Insurance Group AG

     15,965         112,378   

Verbund AG(a)

     23,562         301,527   

Vienna Insurance Group AG Wiener Versicherung Gruppe

     7,257         153,817   

Voestalpine AG

     9,216         308,814   
     

 

 

 
Total Austria         2,281,952   
Belgium – 1.9%      

Ageas

     16,947         673,408   

Anheuser-Busch InBev N.V.

     57,013         7,097,884   

Bekaert S.A.

     8,301         337,748   

D’ieteren S.A./N.V.

     4,402         185,603   

Delhaize Group

     5,057         528,729   

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

     8,909         443,806   

Exmar N.V.

     15,017         126,257   

Melexis N.V.

     867         47,226   

Proximus SADP

     30,631         1,048,389   

Solvay S.A.

     4,361         438,069   

UCB S.A.

     8,172         626,166   

Umicore S.A.

     7,478         372,818   
     

 

 

 
Total Belgium         11,926,103   
China – 2.9%      

China Merchants Holdings International Co., Ltd.

     97,094         288,533   

China Mobile Ltd.

     800,981         8,927,269   

China Overseas Land & Investment Ltd.

     201,175         636,732   

China Power International Development Ltd.

     508,000         263,282   

China Resources Beer Holdings Co., Ltd.

     59,812         111,349   

China Resources Power Holdings Co., Ltd.

     188,000         351,445   

China South City Holdings Ltd.(a)

     458,000         94,475   

China Unicom Hong Kong Ltd.

     623,588         823,245   

CITIC Ltd.

     434,000         660,242   

CNOOC Ltd.

     2,998,700         3,541,277   

Dah Chong Hong Holdings Ltd.

     324,000         131,997   

Fosun International Ltd.

     119,487         170,067   

Guangdong Investment Ltd.

     158,000         199,829   

Lenovo Group Ltd.

     359,003         279,554   

Poly Property Group Co., Ltd.

     451,000         123,266   

Shenzhen Investment Ltd.

     762,000         302,578   

Sino-Ocean Land Holdings Ltd.

     647,500         306,364   

Sun Art Retail Group Ltd.(a)

     378,500         267,898   

Yuexiu Property Co., Ltd.

     1,660,000         239,694   
     

 

 

 
Total China         17,719,096   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree International Equity Fund (DWM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Denmark – 1.2%      

AP Moeller – Maersk A/S Class B

     260       $ 341,606   

Carlsberg A/S Class B

     3,777         360,487   

Chr Hansen Holding A/S

     6,780         455,875   

Coloplast A/S Class B

     7,382         560,259   

Danske Bank A/S

     27,110         767,114   

FLSmidth & Co. A/S(a)

     2,105         88,380   

Novo Nordisk A/S Class B

     51,547         2,800,495   

Novozymes A/S Class B

     7,557         340,287   

Pandora A/S

     4,102         538,007   

TDC A/S

     86,988         426,428   

Tryg A/S

     29,921         581,675   

Vestas Wind Systems A/S

     2,090         147,688   
     

 

 

 
Total Denmark         7,408,301   
Finland – 1.3%      

Elisa Oyj(a)

     15,992         622,704   

Fortum Oyj(a)

     68,696         1,041,941   

Kone Oyj Class B

     19,817         956,593   

Konecranes Oyj(a)

     10,705         255,933   

Lassila & Tikanoja Oyj

     18,228         332,140   

Metso Oyj(a)

     9,279         221,734   

Neste Oyj(a)

     20,985         691,577   

Nokia Oyj

     84,105         500,774   

Nokian Renkaat Oyj(a)

     7,492         264,834   

Orion Oyj Class B

     13,039         431,642   

Sampo Oyj Class A

     26,750         1,272,359   

Stora Enso Oyj Class R

     42,324         379,332   

UPM-Kymmene Oyj(a)

     46,258         839,196   

Wartsila Oyj Abp

     6,779         307,224   
     

 

 

 
Total Finland         8,117,983   
France – 10.0%      

Accor S.A.

     11,382         483,016   

Aeroports de Paris

     4,088         506,144   

Air Liquide S.A.

     10,829         1,220,322   

Airbus Group SE

     18,034         1,199,131   

Arkema S.A.

     3,693         277,668   

AXA S.A.

     134,068         3,160,962   

BNP Paribas S.A.

     46,320         2,334,635   

Bourbon S.A.(a)

     5,239         78,447   

Bouygues S.A.

     20,868         852,518   

Bureau Veritas S.A.

     12,003         267,747   

Cap Gemini S.A.

     6,002         564,813   

Carrefour S.A.

     27,507         757,937   

Casino Guichard Perrachon S.A.(a)

     5,721         328,446   

Christian Dior SE

     4,254         772,715   

Cie de Saint-Gobain

     24,631         1,087,084   

Cie Generale des Etablissements Michelin

     6,781         694,915   

CNP Assurances

     42,561         664,698   

Credit Agricole S.A.

     81,780         887,006   

Danone S.A.

     20,365         1,450,666   

Edenred

     12,893         250,796   

Eiffage S.A.

     4,031         310,063   

Electricite de France S.A.(a)

     134,091         1,507,253   

Engie S.A.

     195,618       3,040,582   

Essilor International S.A.

     3,315         410,060   

Eutelsat Communications S.A.

     11,580         374,634   

Imerys S.A.

     4,012         280,210   

Ipsen S.A.

     3,282         188,758   

IPSOS

     5,181         121,209   

Kering

     3,595         643,589   

Klepierre(a)

     13,605         652,701   

L’Oreal S.A.

     13,083         2,347,381   

Legrand S.A.

     5,725         321,271   

LVMH Moet Hennessy Louis Vuitton SE(a)

     14,957         2,565,161   

Metropole Television S.A.

     17,133         312,871   

Natixis S.A.

     152,745         753,160   

Neopost S.A.

     3,966         83,474   

Nexity S.A.

     6,133         320,055   

Orange S.A.

     145,455         2,551,772   

Pernod Ricard S.A.

     6,160         687,924   

Publicis Groupe S.A.

     6,256         439,932   

Rallye S.A.(a)

     8,169         142,055   

Remy Cointreau S.A.

     2,524         191,902   

Renault S.A.

     9,586         953,860   

Rexel S.A.

     19,095         273,193   

Safran S.A.

     10,341         724,486   

Sanofi

     57,245         4,622,451   

Schneider Electric SE

     23,576         1,492,140   

SCOR SE

     16,758         595,814   

Societe Generale S.A.

     25,450         941,971   

Societe Television Francaise 1

     18,953         245,784   

Sodexo S.A.

     5,385         581,370   

Suez Environnement Co.

     28,121         516,570   

Technip S.A.

     5,405         300,018   

Thales S.A.

     8,978         787,778   

TOTAL S.A.(a)

     170,733         7,794,029   

Unibail-Rodamco SE

     4,518         1,244,905   

Valeo S.A.

     2,822         439,923   

Veolia Environnement S.A.

     23,097         557,199   

Vinci S.A.

     30,238         2,255,948   

Vivendi S.A.

     85,923         1,809,443   
     

 

 

 
Total France         62,222,565   
Germany – 7.4%      

adidas AG

     5,647         662,809   

Allianz SE Registered Shares

     24,390         3,973,100   

BASF SE

     36,893         2,787,347   

Bayer AG Registered Shares

     20,505         2,413,758   

Bayerische Motoren Werke AG

     25,561         2,350,634   

Beiersdorf AG

     5,722         517,337   

Brenntag AG

     5,706         326,414   

Continental AG

     5,333         1,215,445   

Daimler AG Registered Shares

     44,060         3,382,553   

Deutsche Boerse AG

     10,384         887,364   

Deutsche Post AG Registered Shares

     46,613         1,297,138   

Deutsche Telekom AG Registered Shares

     205,660         3,697,028   

E.ON SE

     96,754         930,341   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree International Equity Fund (DWM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Evonik Industries AG

     24,825       $ 745,849   

Fielmann AG

     7,148         543,305   

Fraport AG Frankfurt Airport Services Worldwide

     4,110         249,680   

Freenet AG

     16,466         493,301   

Fresenius Medical Care AG & Co. KGaA

     5,672         503,121   

Fresenius SE & Co. KGaA

     9,108         666,437   

GEA Group AG

     7,830         383,675   

Hannover Rueck SE

     6,769         789,874   

Henkel AG & Co. KGaA

     6,199         610,124   

Hugo Boss AG

     4,597         301,948   

Infineon Technologies AG

     24,958         355,654   

K+S AG Registered Shares

     5,418         126,970   

Linde AG

     4,374         638,252   

MAN SE

     5,463         592,157   

Merck KGaA

     8,249         689,125   

MTU Aero Engines AG

     2,721         261,359   

Muenchener Rueckversicherungs – Gesellschaft AG Registered Shares

     9,557         1,946,710   

ProSiebenSat.1 Media SE

     13,867         714,020   

SAP SE

     28,913         2,342,590   

Siemens AG Registered Shares

     37,790         4,011,376   

Software AG

     5,070         198,487   

Suedzucker AG

     12,349         218,050   

Symrise AG

     7,047         473,794   

Talanx AG*

     15,183         519,227   

Telefonica Deutschland Holding AG

     224,257         1,216,684   

United Internet AG Registered Shares

     5,301         266,428   

Volkswagen AG

     10,402         1,511,927   

VTG AG

     7,526         230,487   

Wacker Chemie AG

     1,821         160,490   

Wirecard AG(a)

     1,712         64,965   
     

 

 

 
Total Germany         46,267,334   
Hong Kong – 2.7%      

AIA Group Ltd.

     166,765         944,920   

Bank of East Asia Ltd. (The)(a)

     125,458         469,059   

BOC Hong Kong Holdings Ltd.

     594,444         1,774,162   

Cathay Pacific Airways Ltd.

     86,000         148,793   

CLP Holdings Ltd.

     136,000         1,229,980   

Dah Sing Banking Group Ltd.(a)

     114,400         200,879   

Dah Sing Financial Holdings Ltd.

     34,800         214,007   

Galaxy Entertainment Group Ltd.

     37,000         138,812   

Hang Lung Properties Ltd.

     215,000         410,788   

Hang Seng Bank Ltd.

     109,000         1,926,617   

Henderson Land Development Co., Ltd.

     70,894         435,516   

Hong Kong & China Gas Co., Ltd.

     320,284         598,735   

Hong Kong Exchanges and Clearing Ltd.

     23,500         565,947   

Hysan Development Co., Ltd.

     72,000         306,786   

MTR Corp., Ltd.

     258,500         1,279,744   

New World Development Co., Ltd.

     401,000         382,050   

PCCW Ltd.

     569,088         368,311   

Power Assets Holdings Ltd.

     119,000         1,217,378   

Sino Land Co., Ltd.

     356,400         564,245   

SJM Holdings Ltd.

     654,760         467,653   

Sun Hung Kai Properties Ltd.

     90,000       1,100,554   

Swire Pacific Ltd. Class A

     18,500         199,154   

Swire Pacific Ltd. Class B

     190,000         370,371   

Swire Properties Ltd.

     178,200         481,308   

Television Broadcasts Ltd.

     58,200         209,343   

Wharf Holdings Ltd. (The)

     127,000         694,226   

Wheelock & Co., Ltd.

     67,000         299,302   
     

 

 

 
Total Hong Kong         16,998,640   
Ireland – 0.4%      

C&C Group PLC

     81,348         368,019   

CRH PLC

     17,092         483,619   

DCC PLC

     5,754         508,619   

Kerry Group PLC Class A

     5,307         495,177   

Paddy Power Betfair PLC

     2,632         367,714   
     

 

 

 
Total Ireland         2,223,148   
Israel – 0.7%      

Bezeq Israeli Telecommunication Corp., Ltd.

     552,115         1,244,627   

Delek Automotive Systems Ltd.

     46,258         447,138   

Gazit-Globe Ltd.

     51,396         468,777   

Israel Chemicals Ltd.

     45,511         197,927   

Sella Capital Real Estate Ltd.

     188,797         296,792   

Teva Pharmaceutical Industries Ltd.

     30,162         1,626,237   
     

 

 

 
Total Israel         4,281,498   
Italy – 3.2%      

Assicurazioni Generali SpA

     47,510         705,445   

Astaldi SpA(a)

     11,310         52,378   

ASTM SpA

     27,742         320,876   

Atlantia SpA

     48,098         1,335,722   

Banca Generali SpA

     19,998         589,089   

Banca Mediolanum SpA

     59,327         473,919   

Banca Popolare di Milano SCARL

     94,941         66,483   

Danieli & C. Officine Meccaniche SpA RSP

     16,530         259,006   

Davide Campari-Milano SpA

     16,047         160,646   

Enel Green Power SpA

     164,586         354,477   

Enel SpA

     419,029         1,861,313   

Eni SpA

     332,123         5,033,663   

ERG SpA

     21,817         297,344   

Hera SpA

     138,319         413,914   

Intesa Sanpaolo SpA

     480,931         1,333,942   

Iren SpA

     138,732         248,995   

Luxottica Group SpA

     15,310         846,156   

MARR SpA

     13,730         276,935   

Parmalat SpA

     81,559         226,032   

Prysmian SpA

     6,111         138,649   

Recordati SpA

     9,855         247,066   

Snam SpA

     269,546         1,690,923   

Societa Iniziative Autostradali e Servizi SpA

     30,389         311,668   

Telecom Italia SpA RSP

     329,633         289,238   

Terna Rete Elettrica Nazionale SpA

     156,271         893,065   

Tod’s SpA(a)

     1,616         115,279   

Trevi Finanziaria Industriale SpA(a)

     60,816         103,954   

UniCredit SpA

     135,739         490,340   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree International Equity Fund (DWM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

UnipolSai SpA

     214,879       $ 498,056   
     

 

 

 
Total Italy         19,634,573   
Japan – 14.4%      

Aeon Co., Ltd.

     29,200         422,432   

Aichi Steel Corp.

     39,000         153,023   

Aisin Seiki Co., Ltd.

     8,000         301,793   

Ajinomoto Co., Inc.

     14,000         316,322   

Amada Holdings Co., Ltd.

     19,600         191,475   

ANA Holdings, Inc.

     91,000         256,738   

Aozora Bank Ltd.

     147,000         514,000   

Asahi Group Holdings Ltd.

     13,900         433,714   

Asahi Holdings, Inc.

     5,500         74,185   

Asahi Kasei Corp.

     38,000         257,255   

Astellas Pharma, Inc.

     57,300         762,929   

Axell Corp.(a)

     25,200         189,457   

Azbil Corp.

     7,500         192,246   

Belluna Co., Ltd.

     37,100         188,479   

Bridgestone Corp.

     20,100         751,995   

Brother Industries Ltd.

     19,700         226,805   

Canon, Inc.

     69,900         2,086,521   

Central Japan Railway Co.

     2,700         478,166   

Chugai Pharmaceutical Co., Ltd.

     12,600         390,685   

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

     17,900         242,075   

Dai Nippon Printing Co., Ltd.

     31,000         275,813   

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

     29,233         354,375   

Daido Steel Co., Ltd.

     35,000         121,447   

Daihatsu Motor Co., Ltd.(a)

     23,800         335,841   

Daiichi Sankyo Co., Ltd.

     32,900         732,526   

Daikin Industries Ltd.

     4,900         366,732   

Daikyo, Inc.

     81,000         129,000   

Daito Trust Construction Co., Ltd.

     3,800         540,273   

Daiwa House Industry Co., Ltd.

     20,200         569,004   

Daiwa Securities Group, Inc.

     80,000         492,762   

DeNa Co., Ltd.(a)

     5,800         100,060   

Denka Co., Ltd.

     53,000         218,328   

Denso Corp.

     23,500         945,896   

Dynam Japan Holdings Co., Ltd.

     137,200         197,755   

Earth Chemical Co., Ltd.

     8,200         331,954   

East Japan Railway Co.

     6,000         518,511   

Eisai Co., Ltd.

     7,800         469,825   

Electric Power Development Co., Ltd.

     5,700         178,260   

FANUC Corp.

     7,300         1,135,642   

Fast Retailing Co., Ltd.

     1,000         320,477   

France Bed Holdings Co., Ltd.

     34,300         316,465   

Fuji Heavy Industries Ltd.

     17,300         611,838   

FUJIFILM Holdings Corp.

     14,000         554,420   

Future Architect, Inc.

     23,200         181,026   

Gurunavi, Inc.

     3,700         87,994   

Hitachi Construction Machinery Co., Ltd.(a)

     18,100         287,938   

Hitachi Ltd.

     110,000         515,379   

Honda Motor Co., Ltd.

     55,600         1,526,595   

Hoya Corp.

     9,900         377,080   

Iida Group Holdings Co., Ltd.

     10,400         203,105   

Information Services International-Dentsu Ltd.

     11,900       239,069   

Internet Initiative Japan, Inc.

     3,300         67,911   

Isuzu Motors Ltd.

     24,900         257,430   

ITOCHU Corp.

     72,400         892,801   

Japan Airlines Co., Ltd.

     13,800         506,104   

Japan Exchange Group, Inc.

     13,200         202,472   

Japan Tobacco, Inc.

     68,644         2,864,365   

JFE Holdings, Inc.

     21,400         288,646   

JGC Corp.(a)

     6,000         89,951   

JX Holdings, Inc.(a)

     107,200         413,749   

Kajima Corp.

     49,000         307,789   

Kao Corp.

     10,600         566,144   

Kawasaki Heavy Industries Ltd.(a)

     50,000         144,579   

KDDI Corp.

     72,300         1,933,661   

Keiyo Co., Ltd.(a)

     51,300         232,321   

Kikkoman Corp.(a)

     7,000         230,437   

Kirin Holdings Co., Ltd.

     32,400         454,889   

Kokuyo Co., Ltd.

     29,900         350,356   

Komatsu Ltd.

     33,700         574,485   

Kubota Corp.

     38,400         524,949   

Kyocera Corp.

     11,700         516,010   

Kyoei Steel Ltd.

     9,000         135,486   

KYORIN Holdings, Inc.

     6,100         116,361   

Kyowa Hakko Kirin Co., Ltd.

     17,300         276,443   

Lawson, Inc.

     5,100         427,439   

LIXIL Group Corp.

     9,100         185,813   

Makita Corp.

     6,000         372,614   

Marubeni Corp.(a)

     100,800         511,197   

Marui Group Co., Ltd.(a)

     14,500         208,092   

Matsui Securities Co., Ltd.(a)

     30,400         259,385   

Medipal Holdings Corp.

     23,400         371,002   

Misawa Homes Co., Ltd.(a)

     20,700         137,208   

Mitsubishi Chemical Holdings Corp.

     60,300         315,194   

Mitsubishi Corp.

     72,400         1,227,763   

Mitsubishi Electric Corp.

     40,000         419,770   

Mitsubishi Estate Co., Ltd.

     14,000         260,394   

Mitsubishi Gas Chemical Co., Inc.

     31,000         167,143   

Mitsubishi Heavy Industries Ltd.

     62,000         230,635   

Mitsubishi Materials Corp.

     65,000         183,905   

Mitsubishi Motors Corp.

     28,300         212,259   

Mitsubishi Tanabe Pharma Corp.

     21,600         376,095   

Mitsubishi UFJ Financial Group, Inc.

     398,200         1,847,603   

Mitsui & Co., Ltd.

     97,800         1,126,838   

Mitsui Fudosan Co., Ltd.

     9,000         224,850   

Mitsui Mining & Smelting Co., Ltd.

     82,000         131,323   

Mitsui OSK Lines Ltd.

     86,000         175,221   

Mixi, Inc.

     3,500         130,166   

Mizuho Financial Group, Inc.

     922,200         1,379,259   

Monex Group, Inc.

     54,600         141,364   

MS&AD Insurance Group Holdings, Inc.

     19,430         542,128   

Murata Manufacturing Co., Ltd.

     3,300         398,425   

Nexon Co., Ltd.

     10,500         179,274   

Nidec Corp.

     4,000         274,069   

Nikon Corp.(a)

     18,400         281,906   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree International Equity Fund (DWM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Nippon Beet Sugar Manufacturing Co., Ltd.

     149,000       $ 253,205   

Nippon Electric Glass Co., Ltd.

     36,000         184,492   

Nippon Express Co., Ltd.

     39,000         177,659   

Nippon Steel & Sumitomo Metal Corp.

     26,100         502,053   

Nippon Telegraph & Telephone Corp.

     62,800         2,708,790   

Nishi-Nippon City Bank Ltd. (The)

     102,000         180,595   

Nissan Chemical Industries Ltd.

     9,900         255,438   

Nissan Motor Co., Ltd.

     156,300         1,448,342   

Nissin Foods Holdings Co., Ltd.

     4,900         230,624   

Nitto Denko Corp.(a)

     3,600         200,411   

Nomura Holdings, Inc.

     133,100         595,542   

Nomura Real Estate Holdings, Inc.

     8,900         164,705   

NSK Ltd.

     16,100         147,542   

NTT Data Corp.

     4,600         231,238   

NTT DOCOMO, Inc.

     165,855         3,766,581   

NTT Urban Development Corp.

     19,600         191,998   

Oji Holdings Corp.

     44,000         176,947   

Okuwa Co., Ltd.

     23,000         205,659   

Ono Pharmaceutical Co., Ltd.

     11,000         466,346   

Oracle Corp.

     7,100         399,235   

Oriental Land Co., Ltd.(a)

     3,000         212,732   

Osaka Gas Co., Ltd.

     63,000         242,370   

Panasonic Corp.

     32,700         300,685   

Park24 Co., Ltd.

     9,700         271,854   

Rengo Co., Ltd.

     36,000         181,930   

Resona Holdings, Inc.

     113,600         405,906   

Ricoh Co., Ltd.(a)

     30,000         305,885   

Saibu Gas Co., Ltd.

     73,000         168,869   

Sanrio Co., Ltd.(a)

     5,300         103,788   

Sanyo Special Steel Co., Ltd.

     38,000         173,780   

Secom Co., Ltd.

     5,200         387,056   

Sega Sammy Holdings, Inc.

     15,800         172,486   

Seiko Epson Corp.

     22,200         359,087   

Sekisui Chemical Co., Ltd.

     15,100         186,206   

Sekisui House Ltd.

     30,000         507,007   

Seven & I Holdings Co., Ltd.

     19,300         822,862   

Shin-Etsu Chemical Co., Ltd.

     6,600         341,994   

Shionogi & Co., Ltd.

     7,000         329,899   

Ship Healthcare Holdings, Inc.

     2,400         60,536   

Showa Denko K.K.

     182,000         187,838   

Showa Shell Sekiyu K.K.

     33,300         299,239   

SMC Corp.

     1,000         232,573   

SoftBank Group Corp.

     7,800         372,390   

Sojitz Corp.

     127,500         262,045   

Sompo Japan Nipponkoa Holdings, Inc.

     12,700         360,226   

St. Marc Holdings Co., Ltd.

     5,600         154,704   

Sumitomo Chemical Co., Ltd.

     38,000         172,089   

Sumitomo Corp.

     64,000         636,897   

Sumitomo Dainippon Pharma Co., Ltd.(a)

     10,200         117,614   

Sumitomo Electric Industries Ltd.

     29,800         362,972   

Sumitomo Forestry Co., Ltd.

     17,500         201,321   

Sumitomo Heavy Industries Ltd.

     22,000         91,018   

Sumitomo Metal Mining Co., Ltd.

     24,000         238,623   

Sumitomo Mitsui Financial Group, Inc.(a)

     52,300         1,587,683   

Sumitomo Mitsui Trust Holdings, Inc.

     105,070       308,119   

Sumitomo Realty & Development Co., Ltd.

     5,000         146,537   

Sumitomo Rubber Industries Ltd.

     18,500         286,236   

Suntory Beverage & Food Ltd.

     9,200         415,001   

Suruga Bank Ltd.

     9,300         163,667   

Suzuken Co., Ltd.

     4,000         136,127   

Suzuki Motor Corp.

     4,700         125,910   

Systena Corp.

     23,800         405,296   

T&D Holdings, Inc.

     24,200         225,970   

Taiheiyo Cement Corp.

     20,000         46,087   

Taisei Corp.

     54,000         357,454   

Taiyo Holdings Co., Ltd.

     4,800         162,712   

Taiyo Nippon Sanso Corp.(a)

     10,000         95,022   

Takashimaya Co., Ltd.

     7,000         58,606   

Takeda Pharmaceutical Co., Ltd.

     32,700         1,494,259   

Takuma Co., Ltd.

     16,000         143,352   

Teijin Ltd.

     39,000         136,020   

Terumo Corp.

     9,000         323,102   

Toagosei Co., Ltd.

     23,300         194,244   

Tobu Railway Co., Ltd.

     34,000         169,705   

Toda Corp.

     29,000         140,362   

Toho Co., Ltd.

     4,000         105,378   

Toho Zinc Co., Ltd.(a)

     47,000         119,178   

Tokai Rika Co., Ltd.

     9,100         171,483   

Tokio Marine Holdings, Inc.

     19,600         662,663   

Tokyo Electron Ltd.

     5,000         326,349   

Tokyo Gas Co., Ltd.

     49,000         228,749   

Tokyo Tatemono Co., Ltd.

     8,800         109,770   

Tokyu Corp.

     20,000         167,801   

TonenGeneral Sekiyu K.K.

     26,000         235,491   

TOTO Ltd.(a)

     4,000         124,917   

Toyo Seikan Group Holdings Ltd.(a)

     13,200         247,570   

Toyo Suisan Kaisha Ltd.

     5,900         212,073   

Toyobo Co., Ltd.

     73,000         109,765   

Toyoda Gosei Co., Ltd.

     6,000         115,948   

Toyota Motor Corp.

     111,300         5,894,013   

Toyota Tsusho Corp.

     20,000         452,511   

Trend Micro, Inc.

     9,100         333,574   

TS Tech Co., Ltd.

     5,000         117,176   

UACJ Corp.(a)

     47,000         95,342   

Ube Industries Ltd.

     145,000         256,728   

Unicharm Corp.

     7,600         165,598   

Union Tool Co.

     5,500         144,748   

United Arrows Ltd.

     1,500         62,125   

Ushio, Inc.

     8,100         107,813   

USS Co., Ltd.

     15,560         248,916   

Wacoal Holdings Corp.

     16,000         191,183   

West Japan Railway Co.

     8,820         545,311   

Xebio Holdings Co., Ltd.

     6,600         105,464   

Yahoo Japan Corp.(a)

     130,110         554,497   

Yakult Honsha Co., Ltd.(a)

     4,000         177,410   

Yamada Denki Co., Ltd.(a)

     24,400         115,493   

Yamagata Bank Ltd. (The)(a)

     58,000         220,348   

Yamaha Corp.

     6,900         208,114   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree International Equity Fund (DWM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Yamanashi Chuo Bank Ltd. (The)

     44,000       $ 161,680   

Yamato Kogyo Co., Ltd.

     8,000         173,887   

Yamazen Corp.

     31,700         241,145   

Yokogawa Electric Corp.

     8,200         84,849   

Yokohama Reito Co., Ltd.

     28,000         265,563   

Yokohama Rubber Co., Ltd. (The)

     10,000         164,687   

Yuasa Trading Co., Ltd.

     10,200         240,037   

Yusen Logistics Co., Ltd.

     17,400         202,648   

Zeon Corp.

     12,000         77,726   
     

 

 

 
Total Japan         89,690,433   
Netherlands – 1.2%      

Aegon N.V.

     90,065         496,131   

Akzo Nobel N.V.

     8,288         565,731   

ASML Holding N.V.

     4,847         493,129   

Boskalis Westminster

     7,453         293,393   

Heineken N.V.

     13,195         1,197,647   

ING Groep N.V. CVA

     38,495         466,306   

Koninklijke Ahold N.V.

     40,377         909,650   

Koninklijke DSM N.V.

     6,721         370,194   

Koninklijke KPN N.V.

     93,561         392,672   

Koninklijke Philips N.V.

     42,365         1,208,616   

Randstad Holding N.V.

     8,010         444,615   

Wessanen

     12,726         138,000   

Wolters Kluwer N.V.

     19,759         789,875   
     

 

 

 
Total Netherlands         7,765,959   
New Zealand – 0.6%      

Auckland International Airport Ltd.

     130,265         581,548   

Contact Energy Ltd.

     71,560         248,420   

Fisher & Paykel Healthcare Corp., Ltd.

     61,871         420,979   

Fletcher Building Ltd.

     64,419         352,889   

Mighty River Power Ltd.

     217,572         441,096   

SKY Network Television Ltd.

     73,109         252,783   

Spark New Zealand Ltd.

     228,202         578,308   

Trade Me Group Ltd.

     74,104         226,896   

TrustPower Ltd.(a)

     31,344         166,698   

Vector Ltd.

     185,555         422,565   
     

 

 

 
Total New Zealand         3,692,182   
Norway – 1.4%      

Aker ASA Class A

     11,858         221,498   

Atea ASA*

     28,192         269,266   

DNB ASA

     45,527         538,591   

Gjensidige Forsikring ASA

     48,924         834,599   

Marine Harvest ASA*

     48,935         754,325   

Norsk Hydro ASA

     91,763         377,980   

Orkla ASA

     62,457         565,955   

SpareBank 1 SMN

     26,903         171,574   

Statoil ASA

     212,380         3,345,699   

Telenor ASA

     54,103         875,852   

Tomra Systems ASA

     19,564         204,007   

Yara International ASA

     16,129         607,232   
     

 

 

 
Total Norway         8,766,578   
Portugal – 0.4%      

EDP-Energias de Portugal S.A.

     300,169       1,069,273   

Galp Energia, SGPS, S.A.

     36,627         461,208   

Jeronimo Martins, SGPS, S.A.

     24,924         408,423   

Portucel S.A.

     60,675         221,255   

Sonae, SGPS, S.A.(a)

     260,443         314,298   
     

 

 

 
Total Portugal         2,474,457   
Singapore – 2.2%      

Asian Pay Television Trust

     779,500         324,165   

CapitaLand Ltd.

     157,000         357,931   

ComfortDelGro Corp., Ltd.

     269,300         583,957   

DBS Group Holdings Ltd.

     86,500         987,947   

Dyna-Mac Holdings Ltd.

     298,000         31,867   

Hutchison Port Holdings Trust

     994,836         497,418   

Jardine Cycle & Carriage Ltd.

     18,355         545,634   

Keppel Corp., Ltd.(a)

     139,400         603,521   

Keppel Infrastructure Trust

     818,960         301,044   

Lian Beng Group Ltd.

     485,900         173,201   

Oversea-Chinese Banking Corp., Ltd.

     187,595         1,231,501   

Pacific Radiance Ltd.

     315,800         79,736   

SATS Ltd.

     85,500         250,798   

Sembcorp Industries Ltd.

     97,000         217,540   

Sembcorp Marine Ltd.(a)

     174,300         213,571   

Singapore Airlines Ltd.

     57,200         485,091   

Singapore Post Ltd.(a)

     509,500         618,619   

Singapore Press Holdings Ltd.(a)

     151,000         448,537   

Singapore Technologies Engineering Ltd.

     159,000         381,383   

Singapore Telecommunications Ltd.

     912,700         2,589,124   

SMRT Corp., Ltd.(a)

     152,000         170,444   

StarHub Ltd.

     121,200         301,515   

Super Group Ltd.

     165,000         121,306   

United Overseas Bank Ltd.

     55,000         770,719   

Wee Hur Holdings Ltd.

     141,600         28,391   

Wilmar International Ltd.

     233,500         582,623   

Wing Tai Holdings Ltd.

     214,000         279,697   

Yanlord Land Group Ltd.

     302,500         274,061   
     

 

 

 
Total Singapore         13,451,341   
Spain – 4.2%      

Abengoa S.A. Class B(a)

     39,826         11,845   

Abertis Infraestructuras S.A.(a)

     49,035         807,435   

ACS Actividades de Construccion y Servicios S.A.

     24,860         741,942   

Amadeus IT Holding S.A. Class A

     15,246         654,810   

Banco Bilbao Vizcaya Argentaria S.A.

     275,982         1,837,282   

Banco Santander S.A.

     1,398,024         6,171,743   

Bolsas y Mercados Espanoles SHMSF S.A.(a)

     11,547         373,040   

CaixaBank S.A.

     314,468         930,641   

Cie Automotive S.A.

     5,648         102,013   

Duro Felguera S.A.(a)

     34,560         60,256   

Enagas S.A.

     16,720         503,293   

Endesa S.A.

     42,505         817,125   

Ferrovial S.A.

     49,938         1,074,686   

Gas Natural SDG S.A.

     60,560         1,226,329   

Iberdrola S.A.

     285,517         1,906,941   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree International Equity Fund (DWM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Industria de Diseno Textil S.A.

     73,834       $ 2,487,527   

Mapfre S.A.

     176,627         382,222   

Obrascon Huarte Lain S.A.(a)

     13,337         85,247   

Red Electrica Corp. S.A.

     6,431         559,161   

Repsol S.A.

     99,193         1,121,311   

Tecnicas Reunidas S.A.(a)

     4,337         122,197   

Telefonica S.A.

     378,303         4,247,152   
     

 

 

 
Total Spain         26,224,198   
Sweden – 3.7%      

Alfa Laval AB

     19,097         313,073   

Assa Abloy AB Class B

     16,462         325,313   

Atlas Copco AB Class A

     20,970         528,473   

Atlas Copco AB Class B

     22,695         535,831   

Axfood AB

     22,758         421,096   

BillerudKorsnas AB

     18,628         304,925   

Boliden AB

     13,629         218,388   

Electrolux AB Series B(a)

     15,843         417,440   

Elekta AB Class B(a)

     15,743         117,781   

Fabege AB

     28,867         488,197   

Gunnebo AB

     34,241         182,890   

Hennes & Mauritz AB Class B

     69,654         2,325,896   

Hexagon AB Class B

     13,554         528,336   

Husqvarna AB Class B

     37,259         272,777   

ICA Gruppen AB

     7,916         262,281   

Indutrade AB

     2,373         145,834   

Investment AB Latour Class B

     11,196         464,733   

Mekonomen AB

     8,747         216,876   

NCC AB Class B

     12,514         456,461   

Nordea Bank AB

     231,184         2,224,376   

Peab AB

     83,736         741,123   

Sandvik AB(a)

     38,809         402,131   

Securitas AB Class B

     25,990         431,206   

Skandinaviska Enskilda Banken AB Class A

     107,427         1,027,664   

Skanska AB Class B(a)

     34,126         780,040   

SKF AB Class B(a)

     20,980         379,398   

Svenska Cellulosa AB SCA Class B

     18,638         583,278   

Svenska Handelsbanken AB Class A

     70,394         896,999   

Swedbank AB Class A

     79,694         1,719,378   

Swedish Match AB

     10,535         358,154   

Telefonaktiebolaget LM Ericsson Class B

     152,720         1,531,589   

TeliaSonera AB

     337,704         1,756,692   

Trelleborg AB Class B

     25,916         513,416   

Volvo AB Class A

     57,342         632,363   

Volvo AB Class B

     36,431         400,410   
     

 

 

 
Total Sweden         22,904,818   
Switzerland – 8.4%      

ABB Ltd. Registered Shares*

     109,040         2,133,775   

Actelion Ltd. Registered Shares*

     2,403         360,582   

Adecco S.A. Registered Shares*

     9,018         589,963   

Baloise Holding AG Registered Shares

     4,521         576,898   

BKW AG(a)

     7,758         327,284   

Cie Financiere Richemont S.A. Registered Shares

     11,706         776,814   

Clariant AG Registered Shares*

     23,370         424,621   

Coca-Cola HBC AG*

     12,426       264,326   

Credit Suisse Group AG Registered Shares*

     43,997         625,280   

EFG International AG*

     19,950         114,577   

EMS-Chemie Holding AG Registered Shares

     830         432,052   

Geberit AG Registered Shares

     2,075         778,518   

Givaudan S.A. Registered Shares

     440         866,538   

Implenia AG Registered Shares

     2,769         174,355   

Julius Baer Group Ltd.*

     10,481         452,008   

Kuehne + Nagel International AG Registered Shares

     8,520         1,216,190   

LafargeHolcim Ltd. Registered Shares*

     12,571         593,731   

Logitech International S.A. Registered Shares

     19,570         312,662   

Nestle S.A. Registered Shares

     127,576         9,571,697   

Novartis AG Registered Shares

     102,525         7,462,008   

Panalpina Welttransport Holding AG Registered Shares

     748         83,888   

Partners Group Holding AG

     1,303         525,880   

Roche Holding AG Bearer Shares

     7,185         1,811,912   

Roche Holding AG Genusschein

     25,408         6,280,033   

Schindler Holding AG Participation Certificate

     3,543         655,953   

SGS S.A. Registered Shares

     306         649,289   

STMicroelectronics N.V.

     57,633         319,972   

Straumann Holding AG Registered Shares

     855         295,967   

Sulzer AG Registered Shares(a)

     2,535         252,798   

Swatch Group AG (The) Registered Shares

     5,878         397,432   

Swiss Life Holding AG Registered Shares*

     3,009         803,426   

Swiss Re AG

     42,178         3,915,443   

Swisscom AG Registered Shares

     2,981         1,626,453   

Syngenta AG Registered Shares

     3,825         1,597,661   

Tecan Group AG Registered Shares

     1,009         153,934   

Temenos Group AG Registered Shares*

     2,914         160,055   

UBS Group AG Registered Shares

     93,609         1,514,127   

Vontobel Holding AG Registered Shares

     11,885         516,901   

Zurich Insurance Group AG*

     11,933         2,782,477   
     

 

 

 
Total Switzerland         52,397,480   
United Kingdom – 22.6%      

Aberdeen Asset Management PLC

     76,946         306,789   

Admiral Group PLC

     8,690         247,679   

Aggreko PLC

     9,377         145,153   

Amec Foster Wheeler PLC

     31,964         206,738   

ARM Holdings PLC

     22,119         322,367   

Ashmore Group PLC(a)

     71,323         294,826   

Associated British Foods PLC

     16,336         786,336   

AstraZeneca PLC

     74,651         4,187,222   

Aviva PLC

     148,853         975,810   

Awilco Drilling PLC

     48,555         176,110   

Babcock International Group PLC

     27,406         374,014   

BAE Systems PLC

     229,181         1,676,655   

Barclays PLC

     595,958         1,284,856   

Barratt Developments PLC

     40,315         324,780   

Berendsen PLC

     36,807         636,419   

Berkeley Group Holdings PLC

     14,210         657,245   

BGEO Group PLC

     3,479         101,407   

BHP Billiton PLC

     184,018         2,070,420   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree International Equity Fund (DWM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Bodycote PLC

     14,279       $ 123,858   

BP PLC

     1,804,728         9,082,665   

British American Tobacco PLC

     123,827         7,279,241   

British Land Co. PLC (The)

     35,981         362,267   

Britvic PLC

     20,734         211,736   

BT Group PLC

     319,545         2,023,137   

Burberry Group PLC

     18,624         365,387   

Cable & Wireless Communications PLC

     279,638         309,682   

Capita PLC

     29,404         440,374   

Carillion PLC(a)

     48,870         206,578   

Carnival PLC

     9,084         489,877   

Centrica PLC

     379,957         1,243,497   

Close Brothers Group PLC

     28,291         513,163   

CNH Industrial N.V.

     44,665         304,116   

Cobham PLC

     94,655         295,359   

Communisis PLC

     124,248         84,826   

Compass Group PLC

     51,404         907,283   

Croda International PLC

     7,575         330,873   

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

     32,959         329,709   

Darty PLC

     140,885         265,267   

De La Rue PLC

     14,126         90,756   

Debenhams PLC

     201,919         218,244   

Devro PLC

     39,768         168,189   

Diageo PLC

     105,381         2,849,797   

Direct Line Insurance Group PLC

     125,580         668,197   

Drax Group PLC(a)

     29,774         116,443   

easyJet PLC

     15,169         331,179   

Electrocomponents PLC

     72,921         253,010   

Fenner PLC

     53,227         103,662   

Fidessa Group PLC

     5,320         186,726   

G4S PLC

     92,764         254,126   

GKN PLC

     80,207         332,933   

GlaxoSmithKline PLC

     459,567         9,326,763   

Halfords Group PLC

     37,058         210,977   

Hammerson PLC

     46,499         386,629   

Hargreaves Lansdown PLC

     10,405         200,997   

Hargreaves Services PLC

     26,761         68,658   

Hays PLC

     183,820         319,687   

HSBC Holdings PLC

     1,382,711         8,623,200   

Hunting PLC

     14,911         68,635   

ICAP PLC

     66,588         454,416   

IG Group Holdings PLC

     37,455         430,673   

IMI PLC

     12,371         169,362   

Imperial Brands PLC

     66,890         3,713,927   

Inchcape PLC

     42,089         437,678   

Inmarsat PLC

     23,511         332,686   

InterContinental Hotels Group PLC

     6,389         263,641   

Interserve PLC

     12,628         78,736   

Intertek Group PLC

     5,992         272,752   

Intu Properties PLC(a)

     73,297         329,745   

Investec PLC

     45,347         334,033   

ITV PLC

     200,514         695,135   

J D Wetherspoon PLC

     5,613         56,755   

J Sainsbury PLC(a)

     159,780       634,528   

John Wood Group PLC

     33,135         292,893   

Johnson Matthey PLC

     8,283         326,677   

Kingfisher PLC

     99,816         540,435   

Ladbrokes PLC

     113,473         190,332   

Legal & General Group PLC

     332,490         1,123,992   

Lloyds Banking Group PLC

     646,213         631,771   

London Stock Exchange Group PLC

     17,571         712,185   

Man Group PLC

     125,060         274,117   

Marks & Spencer Group PLC

     90,691         529,482   

Marston’s PLC

     122,846         268,381   

Meggitt PLC

     45,402         265,332   

Melrose Industries PLC

     11,270         57,747   

Mondi PLC

     25,085         481,690   

Moneysupermarket.com Group PLC

     39,042         178,278   

N Brown Group PLC

     41,821         196,437   

National Grid PLC

     263,352         3,736,708   

Next PLC

     4,918         381,707   

Nostrum Oil & Gas PLC

     27,800         95,098   

Numis Corp. PLC

     50,029         143,813   

Old Mutual PLC

     309,722         859,611   

Pan African Resources PLC

     401,079         77,824   

PayPoint PLC

     10,715         115,197   

Pearson PLC

     55,470         697,611   

Persimmon PLC

     24,185         724,769   

Polar Capital Holdings PLC

     22,786         118,229   

Premier Farnell PLC

     45,043         72,995   

Prudential PLC

     85,226         1,593,664   

QinetiQ Group PLC

     45,518         149,164   

Reckitt Benckiser Group PLC

     31,005         2,999,123   

RELX N.V.

     67,561         1,181,399   

RELX PLC

     41,279         767,734   

Restaurant Group PLC (The)

     10,542         59,487   

Rexam PLC

     45,645         415,939   

Rio Tinto PLC

     97,106         2,729,300   

Rolls-Royce Holdings PLC*

     62,016         607,905   

Rotork PLC

     32,179         84,547   

Royal Dutch Shell PLC Class A

     347,625         8,413,961   

Royal Dutch Shell PLC Class B

     257,841         6,300,113   

Royal Mail PLC

     43,380         299,717   

RPS Group PLC

     30,142         89,895   

SABMiller PLC

     76,402         4,673,624   

Sage Group PLC (The)

     74,572         674,177   

Savills PLC

     10,251         111,977   

Schroders PLC Non-Voting Shares

     13,610         395,537   

Segro PLC

     74,656         440,264   

Severn Trent PLC

     17,848         557,438   

Sky PLC

     86,014         1,265,950   

Smith & Nephew PLC

     24,102         397,688   

Smiths Group PLC

     21,584         333,804   

Soco International PLC

     57,334         130,614   

SSE PLC

     69,507         1,490,544   

St. Ives PLC

     56,207         182,981   

Standard Life PLC

     109,779         561,874   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (concluded)

WisdomTree International Equity Fund (DWM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

TalkTalk Telecom Group PLC(a)

     73,919       $ 251,904   

Tate & Lyle PLC

     33,790         280,714   

Taylor Wimpey PLC

     248,652         680,108   

Telecom Plus PLC(a)

     9,577         126,707   

Ultra Electronics Holdings PLC

     8,153         211,515   

Unilever N.V. CVA

     67,015         3,007,713   

Unilever PLC

     60,604         2,746,021   

United Utilities Group PLC

     53,233         706,204   

Vesuvius PLC

     49,377         235,406   

Victrex PLC

     6,791         160,856   

Vodafone Group PLC

     2,127,585         6,764,247   

Weir Group PLC (The)

     11,043         175,863   

WH Smith PLC

     21,297         556,493   

Whitbread PLC

     9,622         547,656   

William Hill PLC

     57,425         269,896   

WM Morrison Supermarkets PLC(a)

     273,371         780,724   

WS Atkins PLC

     5,768         113,578   
     

 

 

 
Total United Kingdom         140,543,932   

TOTAL COMMON STOCKS

(Cost: $625,890,426)

              617,628,593   
EXCHANGE-TRADED FUND – 0.1%      
United States – 0.1%      

WisdomTree International Dividend Ex-Financials Fund(a)(b)

(Cost: $312,739)

     8,468         323,901   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 4.0%   
United States – 4.0%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

(Cost: $24,987,222)(d)

     24,987,222         24,987,222   

TOTAL INVESTMENTS IN SECURITIES –103.4%

(Cost: $651,190,387)

        642,939,716   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (3.4)%

        (21,008,084
     

 

 

 
NET ASSETS – 100.0%             $ 621,931,632   
* Non-income producing security.

 

(a)

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b)

Affiliated company (See Note 3).

 

(c)

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(d)

At March 31, 2016, the total market value of the Fund’s securities on loan was $26,990,017 and the total market value of the collateral held by the Fund was $28,840,963. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $3,853,741.

CVA – Certificaten Van Aandelen (Certificate of Stock)

RSP – Risparmio Italian Savings Shares

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS  
Settlement
Date
  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/1/2016

    AUD        137,843        SGD        142,213      $ (427

 

CURRENCY LEGEND

AUD

  – Australian dollar

SGD

  – Singapore dollar

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments

WisdomTree International Hedged Equity Fund (HDWM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 100.2%      
Australia – 8.2%      

AGL Energy Ltd.

     381       $ 5,393   

Amcor Ltd.

     501         5,530   

AMP Ltd.

     1,111         4,948   

Ansell Ltd.

     103         1,370   

Aristocrat Leisure Ltd.

     208         1,648   

Asaleo Care Ltd.

     875         1,225   

Asciano Ltd.

     382         2,633   

ASX Ltd.

     92         2,932   

Aurizon Holdings Ltd.

     762         2,321   

Australia & New Zealand Banking Group Ltd.

     1,501         27,088   

Bank of Queensland Ltd.

     140         1,305   

Bendigo & Adelaide Bank Ltd.

     203         1,385   

BHP Billiton Ltd.

     1,650         21,400   

Boral Ltd.

     303         1,440   

Brickworks Ltd.

     192         2,339   

BT Investment Management Ltd.

     192         1,433   

Caltex Australia Ltd.

     68         1,780   

carsales.com Ltd.(a)

     199         1,800   

CIMIC Group Ltd.

     152         4,064   

Cleanaway Waste Management Ltd.

     2,152         1,275   

Coca-Cola Amatil Ltd.

     291         1,979   

Cochlear Ltd.

     28         2,203   

Commonwealth Bank of Australia

     819         47,201   

Computershare Ltd.

     139         1,046   

Cover-More Group Ltd.(a)

     691         824   

Crown Resorts Ltd.

     264         2,530   

CSL Ltd.

     84         6,555   

CSR Ltd.

     481         1,221   

Downer EDI Ltd.

     470         1,388   

Event Hospitality and Entertainment Ltd.

     243         2,841   

Fairfax Media Ltd.

     2,072         1,371   

Genworth Mortgage Insurance Australia Ltd.

     517         990   

GrainCorp Ltd. Class A

     192         1,114   

Harvey Norman Holdings Ltd.

     516         1,866   

Healthscope Ltd.

     616         1,260   

Incitec Pivot Ltd.

     433         1,063   

Insurance Australia Group Ltd.

     1,613         6,924   

IOOF Holdings Ltd.

     183         1,249   

IRESS Ltd.

     188         1,678   

JB Hi-Fi Ltd.(a)

     84         1,524   

LendLease Group

     263         2,806   

Magellan Financial Group Ltd.

     95         1,657   

National Australia Bank Ltd.

     1,538         31,045   

Navitas Ltd.

     391         1,528   

New Hope Corp., Ltd.

     864         871   

NIB Holdings Ltd.

     350         1,053   

Orica Ltd.

     67         792   

Origin Energy Ltd.

     457         1,789   

Perpetual Ltd.

     32         1,072   

Platinum Asset Management Ltd.

     271         1,324   

Premier Investments Ltd.

     128         1,666   

Primary Health Care Ltd.

     752         2,169   

QBE Insurance Group Ltd.

     323       2,711   

Qube Holdings Ltd.(a)

     691         1,254   

REA Group Ltd.(a)

     43         1,787   

Rio Tinto Ltd.

     223         7,323   

Seek Ltd.(a)

     116         1,444   

Select Harvests Ltd.(a)

     148         470   

Sonic Healthcare Ltd.

     205         2,962   

Star Entertainment Grp Ltd. (The)

     351         1,534   

Steadfast Group Ltd.(a)

     995         1,370   

Suncorp Group Ltd.

     681         6,239   

Super Retail Group Ltd.

     180         1,185   

Tabcorp Holdings Ltd.

     349         1,149   

Tatts Group Ltd.

     699         2,033   

Technology One Ltd.

     505         1,853   

Telstra Corp., Ltd.

     5,399         22,136   

TPG Telecom Ltd.

     184         1,605   

Treasury Wine Estates Ltd.

     213         1,580   

Wesfarmers Ltd.

     645         20,566   

Westpac Banking Corp.

     1,846         43,098   

Woodside Petroleum Ltd.

     798         15,936   

Woolworths Ltd.

     580         9,860   
     

 

 

 
Total Australia               376,003   
Austria – 0.3%      

EVN AG

     290         3,338   

Lenzing AG

     19         1,506   

Oesterreichische Post AG

     56         2,280   

OMV AG

     191         5,382   
     

 

 

 
Total Austria               12,506   
Belgium – 1.9%      

Ackermans & van Haaren N.V.

     23         3,267   

Ageas

     120         4,768   

Anheuser-Busch InBev N.V.

     458         57,019   

bpost S.A.

     124         3,450   

Colruyt S.A.

     60         3,501   

Delhaize Group

     37         3,868   

Euronav N.V.

     80         820   

Proximus SADP

     195         6,674   

UCB S.A.

     69         5,287   
     

 

 

 
Total Belgium               88,654   
China – 3.0%      

Beijing Enterprises Holdings Ltd.

     1,000         5,473   

China Jinmao Holdings Group Ltd.

     2,000         557   

China Mobile Ltd.

     6,000         66,873   

China Overseas Land & Investment Ltd.

     2,000         6,330   

China Power International Development Ltd.

     1,000         518   

China South City Holdings Ltd.(a)

     6,000         1,238   

China Unicom Hong Kong Ltd.

     6,000         7,921   

CITIC Ltd.

     4,000         6,085   

CNOOC Ltd.

     20,000         23,619   

Fosun International Ltd.

     2,112         3,006   

Guotai Junan International Holdings Ltd.

     4,000         1,403   

Lenovo Group Ltd.

     2,000         1,557   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree International Hedged Equity Fund (HDWM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Shenzhen Investment Ltd.

     6,000       $ 2,382   

Sino-Ocean Land Holdings Ltd.

     2,000         946   

Sun Art Retail Group Ltd.(a)

     6,000         4,247   

Yangzijiang Shipbuilding Holdings Ltd.

     4,300         3,129   

Yuexiu Property Co., Ltd.

     18,000         2,599   
     

 

 

 
Total China               137,883   
Denmark – 1.1%      

Carlsberg A/S Class B

     20         1,909   

Coloplast A/S Class B

     68         5,161   

Danske Bank A/S

     175         4,952   

DSV A/S

     56         2,335   

GN Store Nord A/S

     60         1,256   

Novo Nordisk A/S Class B

     377         20,482   

Novozymes A/S Class B

     20         901   

Pandora A/S

     19         2,492   

Rockwool International A/S Class B

     8         1,272   

Royal Unibrew A/S

     55         2,658   

SimCorp A/S

     26         1,202   

Sydbank A/S

     17         488   

TDC A/S

     510         2,500   

Tryg A/S

     180         3,499   

Vestas Wind Systems A/S

     27         1,908   
     

 

 

 
Total Denmark               53,015   
Finland – 1.4%      

Atria Oyj

     233         2,321   

Elisa Oyj(a)

     128         4,984   

F-Secure Oyj

     365         1,094   

Fortum Oyj

     640         9,707   

Kesko Oyj Class B

     74         3,273   

Kone Oyj Class B

     177         8,544   

Metso Oyj(a)

     107         2,557   

Neste Oyj(a)

     124         4,086   

Nokia Oyj

     796         4,739   

Nokian Renkaat Oyj

     40         1,414   

Orion Oyj Class B

     68         2,251   

Raisio Oyj Class V

     321         1,584   

Sampo Oyj Class A

     285         13,556   

Tieto Oyj

     55         1,437   

UPM-Kymmene Oyj

     259         4,699   
     

 

 

 
Total Finland               66,246   
France – 9.9%      

Accor S.A.

     59         2,504   

Aeroports de Paris

     35         4,333   

Air Liquide S.A.

     64         7,212   

Airbus Group SE

     147         9,774   

Alten S.A.

     28         1,721   

Arkema S.A.

     19         1,429   

AXA S.A.

     872         20,559   

BioMerieux

     16         1,835   

BNP Paribas S.A.

     321         16,179   

Bollore S.A.

     431         1,677   

Bouygues S.A.

     160         6,536   

Bureau Veritas S.A.

     151       3,368   

Cap Gemini S.A.

     27         2,541   

Carrefour S.A.

     171         4,712   

Casino Guichard Perrachon S.A.

     85         4,880   

Christian Dior SE

     32         5,813   

Cie de Saint-Gobain

     174         7,679   

CNP Assurances

     349         5,451   

Credit Agricole S.A.

     643         6,974   

Danone S.A.

     167         11,896   

Dassault Systemes

     35         2,781   

Edenred

     179         3,482   

Electricite de France S.A.

     928         10,431   

Elior(b)

     68         1,493   

Engie S.A.

     1,330         20,673   

Essilor International S.A.

     27         3,340   

Gaztransport Et Technigaz S.A.

     9         295   

Havas S.A.

     151         1,213   

Hermes International

     10         3,526   

Iliad S.A.

     7         1,804   

Imerys S.A.

     23         1,606   

Ingenico Group S.A.

     12         1,380   

Ipsen S.A.

     27         1,553   

JCDecaux S.A.

     55         2,411   

Kering

     27         4,834   

Klepierre

     91         4,366   

L’Oreal S.A.

     82         14,713   

Lagardere SCA

     71         1,889   

Legrand S.A.

     48         2,694   

LVMH Moet Hennessy Louis Vuitton SE

     96         16,464   

Metropole Television S.A.

     84         1,534   

Natixis S.A.

     1,106         5,453   

Neopost S.A.

     11         232   

Nexity S.A.

     48         2,505   

Orange S.A.

     1,158         20,315   

Pernod Ricard S.A.

     47         5,249   

Publicis Groupe S.A.

     35         2,461   

Remy Cointreau S.A.

     19         1,445   

Renault S.A.

     41         4,080   

Rexel S.A.

     279         3,992   

Rubis SCA

     32         2,573   

Safran S.A.

     81         5,675   

Sanofi

     396         31,976   

Schneider Electric SE

     179         11,329   

SCOR SE

     72         2,560   

Societe BIC S.A.

     28         4,218   

Societe Generale S.A.

     208         7,699   

Societe Television Francaise 1

     72         934   

Sodexo S.A.

     36         3,887   

Suez Environnement Co.

     224         4,115   

Technip S.A.

     35         1,943   

Teleperformance

     19         1,673   

Thales S.A.

     43         3,773   

TOTAL S.A.

     1,281         58,478   

Unibail-Rodamco SE

     19         5,235   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree International Hedged Equity Fund (HDWM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Veolia Environnement S.A.

     324       $ 7,816   

Vicat S.A.

     42         2,728   

Vinci S.A.

     211         15,742   

Vivendi S.A.

     509         10,719   
     

 

 

 
Total France               458,360   
Germany – 7.7%      

adidas AG

     39         4,578   

Allianz SE Registered Shares

     192         31,277   

AURELIUS SE & Co. KGaA

     35         2,134   

Axel Springer SE

     56         3,023   

BASF SE

     293         22,137   

Bayer AG Registered Shares

     162         19,070   

Bayerische Motoren Werke AG

     123         11,311   

Bechtle AG

     19         1,965   

Beiersdorf AG

     36         3,255   

Bertrandt AG

     12         1,379   

Brenntag AG

     36         2,059   

Carl Zeiss Meditec AG Bearer Shares

     60         1,856   

Comdirect Bank AG

     340         3,813   

Continental AG

     23         5,242   

CTS Eventim AG & Co. KGaA

     55         1,957   

Daimler AG Registered Shares

     263         20,191   

Deutsche Boerse AG

     64         5,469   

Deutsche Post AG Registered Shares

     452         12,578   

Deutsche Telekom AG Registered Shares

     1,512         27,180   

Deutsche Wohnen AG Bearer Shares

     99         3,083   

DMG MORI AG

     35         1,632   

Drillisch AG(a)

     31         1,273   

Duerr AG

     33         2,597   

E.ON SE

     789         7,587   

Evonik Industries AG

     113         3,395   

Fielmann AG

     75         5,701   

Fraport AG Frankfurt Airport Services Worldwide

     39         2,369   

Freenet AG

     80         2,397   

GEA Group AG

     51         2,499   

Gerresheimer AG

     20         1,571   

Hamburger Hafen und Logistik AG

     214         3,156   

Hannover Rueck SE

     52         6,068   

Henkel AG & Co. KGaA

     58         5,708   

Hugo Boss AG

     27         1,773   

Infineon Technologies AG

     273         3,890   

K+S AG Registered Shares

     16         375   

Krones AG

     19         2,292   

KUKA AG(a)

     15         1,573   

LEG Immobilien AG*

     31         2,927   

MAN SE

     50         5,420   

Merck KGaA

     49         4,093   

METRO AG

     125         3,879   

Muenchener Rueckversicherungs – Gesellschaft AG Registered Shares

     67         13,648   

OSRAM Licht AG

     27         1,394   

ProSiebenSat.1 Media SE

     99         5,098   

RHOEN-KLINIKUM AG

     104         3,241   

SAP SE

     241         19,526   

Siemens AG Registered Shares

     317         33,649   

Software AG

     47       1,840   

Suedzucker AG

     76         1,342   

Talanx AG*

     131         4,480   

Telefonica Deutschland Holding AG

     1,308         7,096   

Volkswagen AG

     44         6,395   

Wacker Chemie AG

     4         353   

Wirecard AG(a)

     6         228   
     

 

 

 
Total Germany               354,022   
Hong Kong – 2.7%      

AIA Group Ltd.

     2,200         12,466   

Bank of East Asia Ltd. (The)(a)

     800         2,991   

BOC Hong Kong Holdings Ltd.

     2,500         7,461   

CLP Holdings Ltd.

     1,500         13,566   

Dah Sing Banking Group Ltd.

     2,800         4,917   

Hang Seng Bank Ltd.

     800         14,140   

Hong Kong & China Gas Co., Ltd.

     3,000         5,608   

Hong Kong Exchanges and Clearing Ltd.

     300         7,225   

MTR Corp., Ltd.

     2,000         9,901   

New World Development Co., Ltd.

     1,000         953   

Power Assets Holdings Ltd.

     1,500         15,345   

Sino Land Co., Ltd.

     6,000         9,499   

SJM Holdings Ltd.

     4,000         2,857   

Techtronic Industries Co., Ltd.

     1,500         5,927   

Wharf Holdings Ltd. (The)

     2,000         10,933   
     

 

 

 
Total Hong Kong               123,789   
Ireland – 0.3%      

Grafton Group PLC

     103         1,069   

Green REIT PLC

     1,230         1,978   

Greencore Group PLC

     261         1,407   

IFG Group PLC

     1,503         3,631   

Paddy Power Betfair PLC

     32         4,470   
     

 

 

 
Total Ireland               12,555   
Israel – 0.7%      

Bezeq Israeli Telecommunication Corp., Ltd.

     3,651         8,230   

Delek Automotive Systems Ltd.

     172         1,663   

First International Bank of Israel Ltd.

     95         1,177   

Frutarom Industries Ltd.

     31         1,624   

Harel Insurance Investments & Financial Services Ltd.

     287         1,096   

Migdal Insurance & Financial Holding Ltd.

     2,825         1,961   

Mizrahi Tefahot Bank Ltd.

     111         1,301   

NICE-Systems Ltd.

     23         1,508   

Osem Investments Ltd.*

     48         1,049   

Teva Pharmaceutical Industries Ltd.

     223         12,023   
     

 

 

 
Total Israel               31,632   
Italy – 3.1%      

A2A SpA

     1,342         1,748   

ACEA SpA

     163         2,498   

Anima Holding SpA(b)

     143         1,048   

Ansaldo STS SpA

     60         717   

Ascopiave SpA

     979         2,557   

Assicurazioni Generali SpA

     452         6,711   

Atlantia SpA

     357         9,914   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree International Hedged Equity Fund (HDWM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Azimut Holding SpA

     43       $ 992   

Banca Generali SpA

     56         1,650   

Banca Mediolanum SpA

     208         1,662   

Banca Popolare di Milano SCARL

     1,192         835   

Davide Campari-Milano SpA

     164         1,642   

De’ Longhi SpA

     55         1,253   

DiaSorin SpA

     32         1,851   

Enel Green Power SpA

     982         2,115   

Enel SpA

     2,710         12,038   

Eni SpA

     2,378         36,041   

ERG SpA

     136         1,854   

FinecoBank Banca Fineco SpA

     363         3,061   

Hera SpA

     790         2,364   

Intesa Sanpaolo SpA

     3,625         10,055   

Iren SpA

     939         1,685   

Luxottica Group SpA

     90         4,974   

MARR SpA

     84         1,694   

Parmalat SpA

     438         1,214   

Recordati SpA

     108         2,708   

Snam SpA

     2,099         13,167   

Terna Rete Elettrica Nazionale SpA

     1,131         6,463   

UniCredit SpA

     1,206         4,357   

UnipolSai SpA

     1,643         3,808   
     

 

 

 
Total Italy               142,676   
Japan – 14.6%      

Amada Holdings Co., Ltd.

     200         1,954   

Astellas Pharma, Inc.

     600         7,989   

Bridgestone Corp.

     400         14,965   

Brother Industries Ltd.

     500         5,756   

Canon, Inc.

     700         20,895   

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

     200         2,424   

Daicel Corp.

     300         4,105   

Daihatsu Motor Co., Ltd.

     300         4,233   

FANUC Corp.

     100         15,557   

Fuji Heavy Industries Ltd.

     200         7,073   

Fujitsu Ltd.

     1,000         3,707   

Hino Motors Ltd.

     900         9,745   

Hitachi Chemical Co., Ltd.

     300         5,405   

Hitachi Construction Machinery Co., Ltd.(a)

     600         9,545   

Honda Motor Co., Ltd.

     700         19,220   

Hulic Co., Ltd.

     800         7,659   

Idemitsu Kosan Co., Ltd.

     100         1,787   

Iida Group Holdings Co., Ltd.

     300         5,859   

Isuzu Motors Ltd.

     300         3,102   

ITOCHU Corp.

     1,200         14,798   

Japan Tobacco, Inc.

     600         25,037   

JSR Corp.

     300         4,319   

JTEKT Corp.

     300         3,897   

JX Holdings, Inc.

     2,800         10,807   

Kawasaki Kisen Kaisha Ltd.(a)

     2,000         3,879   

KDDI Corp.

     700         18,721   

Keiyo Co., Ltd.(a)

     800         3,623   

Komatsu Ltd.

     300         5,114   

Konica Minolta, Inc.

     300       2,552   

Kuraray Co., Ltd.

     700         8,570   

LIXIL Group Corp.

     400         8,168   

Marubeni Corp.

     1,600         8,114   

Mitsubishi Chemical Holdings Corp.

     1,200         6,272   

Mitsubishi Corp.

     500         8,479   

Mitsubishi Materials Corp.

     3,000         8,488   

Mitsubishi Motors Corp.

     900         6,750   

Mitsubishi UFJ Financial Group, Inc.

     3,100         14,384   

Mitsui & Co., Ltd.

     1,500         17,283   

Mitsui Mining & Smelting Co., Ltd.

     1,000         1,601   

Mitsui OSK Lines Ltd.

     1,000         2,037   

Mizuho Financial Group, Inc.

     7,600         11,367   

Modec, Inc.

     100         1,467   

Nikon Corp.(a)

     700         10,725   

Nippon Steel & Sumitomo Metal Corp.

     300         5,771   

Nippon Telegraph & Telephone Corp.

     500         21,567   

Nippon Yusen K.K.

     3,000         5,792   

Nissan Motor Co., Ltd.

     1,900         17,606   

Nomura Holdings, Inc.

     1,000         4,474   

Nomura Real Estate Holdings, Inc.

     400         7,402   

NSK Ltd.

     300         2,749   

NTT DOCOMO, Inc.

     1,300         29,523   

Oji Holdings Corp.

     2,000         8,043   

Panasonic Corp.

     300         2,759   

Resona Holdings, Inc.

     1,900         6,789   

Ricoh Co., Ltd.

     1,100         11,216   

SBI Holdings, Inc.

     100         1,017   

Sega Sammy Holdings, Inc.

     300         3,275   

Seiko Epson Corp.

     300         4,853   

Sekisui House Ltd.

     300         5,070   

Shin-Etsu Chemical Co., Ltd.

     300         15,545   

Sojitz Corp.

     2,400         4,933   

Sumitomo Chemical Co., Ltd.

     2,000         9,057   

Sumitomo Corp.

     1,600         15,922   

Sumitomo Mitsui Financial Group, Inc.

     400         12,143   

Sumitomo Mitsui Trust Holdings, Inc.

     1,000         2,932   

Sumitomo Rubber Industries Ltd.

     400         6,189   

Suzuki Motor Corp.

     200         5,358   

T&D Holdings, Inc.

     500         4,669   

Takeda Pharmaceutical Co., Ltd.

     300         13,709   

Toyota Motor Corp.

     1,100         58,252   

Toyota Tsusho Corp.

     200         4,525   

Yahoo Japan Corp.(a)

     1,200         5,114   

Yamaha Corp.

     300         9,048   

Yamaha Motor Co., Ltd.

     300         4,997   

Yokohama Rubber Co., Ltd. (The)

     300         4,941   
     

 

 

 
Total Japan               672,672   
Netherlands – 1.5%      

Aalberts Industries N.V.

     40         1,390   

Aegon N.V.

     865         4,765   

Akzo Nobel N.V.

     51         3,481   

Arcadis N.V.

     47         878   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree International Hedged Equity Fund (HDWM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

ASM International N.V.

     35       $ 1,570   

BE Semiconductor Industries N.V.

     48         1,318   

BinckBank N.V.

     128         955   

Boskalis Westminster

     39         1,535   

Brunel International N.V.

     64         1,350   

Corbion N.V.

     64         1,522   

Euronext N.V.(b)

     61         2,536   

Gemalto N.V.

     15         1,111   

Heineken N.V.

     112         10,166   

IMCD Group N.V.

     35         1,311   

Koninklijke Ahold N.V.

     275         6,195   

Koninklijke KPN N.V.

     1,184         4,969   

Koninklijke Philips N.V.

     283         8,074   

Koninklijke Vopak N.V.

     35         1,746   

NN Group N.V.

     139         4,555   

Randstad Holding N.V.

     52         2,886   

TNT Express N.V.

     148         1,330   

Wessanen

     156         1,692   

Wolters Kluwer N.V.

     100         3,997   
     

 

 

 
Total Netherlands               69,332   
New Zealand – 0.7%      

Contact Energy Ltd.

     703         2,441   

EBOS Group Ltd.

     184         2,197   

Freightways Ltd.

     549         2,421   

Genesis Energy Ltd.

     1,282         1,825   

Kiwi Property Group Ltd.

     1,618         1,623   

Mainfreight Ltd.

     147         1,619   

Meridian Energy Ltd.

     1,479         2,690   

Metlifecare Ltd.

     760         2,770   

Mighty River Power Ltd.

     1,000         2,027   

Port of Tauranga Ltd.

     154         1,962   

Spark New Zealand Ltd.

     2,072         5,251   

TrustPower Ltd.

     585         3,111   

Z Energy Ltd.

     339         1,589   
     

 

 

 
Total New Zealand               31,526   
Norway – 1.5%      

Atea ASA*

     164         1,566   

Austevoll Seafood ASA

     317         2,606   

DNB ASA

     533         6,305   

Entra ASA(b)

     247         2,329   

Gjensidige Forsikring ASA

     261         4,452   

Kongsberg Gruppen ASA

     79         1,299   

Leroy Seafood Group ASA

     39         1,844   

Marine Harvest ASA*

     199         3,068   

Norsk Hydro ASA

     415         1,709   

Orkla ASA

     485         4,395   

Salmar ASA

     123         3,019   

SpareBank 1 SR-Bank ASA

     504         2,474   

Statoil ASA

     1,567         24,686   

Telenor ASA

     227         3,675   

TGS Nopec Geophysical Co. ASA

     59         901   

Yara International ASA

     72         2,711   
     

 

 

 
Total Norway               67,039   
Portugal – 0.4%      

CTT-Correios de Portugal S.A.

     120       1,131   

EDP-Energias de Portugal S.A.

     2,028         7,224   

Galp Energia, SGPS, S.A.

     342         4,307   

Jeronimo Martins, SGPS, S.A.

     143         2,343   

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

     441         1,448   

Sonae, SGPS, S.A.

     2,405         2,902   
     

 

 

 
Total Portugal               19,355   
Singapore – 2.1%      

Asian Pay Television Trust

     2,300         956   

CapitaLand Ltd.

     1,200         2,736   

Chip Eng Seng Corp., Ltd.

     2,300         1,213   

City Developments Ltd.

     100         607   

ComfortDelGro Corp., Ltd.

     1,100         2,385   

CWT Ltd.

     800         1,164   

DBS Group Holdings Ltd.

     500         5,711   

Great Eastern Holdings Ltd.

     200         3,340   

Hutchison Port Holdings Trust

     4,600         2,300   

Jardine Cycle & Carriage Ltd.

     300         8,918   

k1 Ventures Ltd.

     1,600         945   

Keppel Corp., Ltd.

     1,100         4,762   

M1 Ltd.(a)

     700         1,352   

Olam International Ltd.

     1,500         1,916   

OSIM International Ltd.(a)

     1,200         1,221   

OUE Ltd.

     1,500         1,877   

Oversea-Chinese Banking Corp., Ltd.

     1,200         7,878   

Pacc Offshore Services Holdings Ltd.

     7,600         2,032   

Pacific Radiance Ltd.

     9,300         2,348   

Rotary Engineering Ltd.

     5,400         1,444   

Sembcorp Industries Ltd.

     2,300         5,158   

Sembcorp Marine Ltd.(a)

     1,600         1,961   

SIA Engineering Co., Ltd.

     400         1,069   

Singapore Airlines Ltd.

     500         4,240   

Singapore Exchange Ltd.

     800         4,723   

Singapore Technologies Engineering Ltd.

     1,200         2,878   

Singapore Telecommunications Ltd.

     4,300         12,198   

StarHub Ltd.

     400         995   

United Engineers Ltd.

     300         521   

United Overseas Bank Ltd.

     700         9,809   
     

 

 

 
Total Singapore               98,657   
Spain – 4.2%      

Amadeus IT Holding S.A. Class A

     95         4,080   

Atresmedia Corp. de Medios de Comunicaion S.A.

     80         878   

Banco Bilbao Vizcaya Argentaria S.A.

     2,202         14,659   

Banco Popular Espanol S.A.

     629         1,639   

Banco Santander S.A.

     11,362         50,159   

Bankinter S.A.

     204         1,444   

Bolsas y Mercados Espanoles SHMSF S.A.(a)

     55         1,777   

CaixaBank S.A.

     2,534         7,499   

Cia de Distribucion Integral Logista Holdings S.A.

     115         2,603   

Distribuidora Internacional de Alimentacion S.A.*

     164         853   

Ebro Foods S.A.

     127         2,776   

Enagas S.A.

     160         4,816   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree International Hedged Equity Fund (HDWM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Endesa S.A.

     179       $ 3,441   

Ferrovial S.A.

     242         5,208   

Gas Natural SDG S.A.

     459         9,295   

Grifols S.A.

     64         1,427   

Grupo Catalana Occidente S.A.

     55         1,564   

Iberdrola S.A.

     1,705         11,388   

Industria de Diseno Textil S.A.

     535         18,025   

Mapfre S.A.

     694         1,502   

Mediaset Espana Comunicacion S.A.

     95         1,094   

Red Electrica Corp. S.A.

     50         4,347   

Repsol S.A.

     819         9,258   

Tecnicas Reunidas S.A.(a)

     11         310   

Telefonica S.A.

     2,685         30,144   

Viscofan S.A.

     31         1,860   

Zardoya Otis S.A.

     271         3,159   
     

 

 

 
Total Spain               195,205   
Sweden – 3.6%      

AAK AB

     20         1,591   

AF AB Class B

     99         1,820   

Atlas Copco AB Class A

     235         5,922   

Atrium Ljungberg AB Class B

     128         2,218   

Avanza Bank Holding AB

     35         1,563   

Axfood AB

     143         2,646   

Betsson AB*

     84         1,306   

Clas Ohlson AB Class B

     115         2,199   

Com Hem Holding AB

     140         1,293   

Electrolux AB Series B

     63         1,660   

Fabege AB

     120         2,029   

Hennes & Mauritz AB Class B

     389         12,989   

Hexpol AB

     120         1,336   

ICA Gruppen AB

     91         3,015   

Indutrade AB

     27         1,659   

Investment AB Kinnevik Class B

     44         1,250   

Investment AB Latour Class B

     64         2,657   

Lifco AB Class B

     92         2,474   

Loomis AB Class B

     47         1,331   

Meda AB Class A

     189         3,523   

NetEnt AB*

     23         1,301   

Nordea Bank AB

     2,132         20,513   

Sandvik AB

     539         5,585   

Securitas AB Class B

     176         2,920   

Skandinaviska Enskilda Banken AB Class A

     907         8,676   

Skanska AB Class B

     136         3,109   

Svenska Cellulosa AB SCA Class B

     171         5,351   

Svenska Handelsbanken AB Class A

     668         8,512   

Swedbank AB Class A

     585         12,621   

Swedish Match AB

     91         3,094   

Tele2 AB Class B

     267         2,480   

Telefonaktiebolaget LM Ericsson Class B

     1,183         11,864   

TeliaSonera AB

     2,876         14,961   

Thule Group AB (The)(b)

     107         1,478   

Trelleborg AB Class B

     68         1,347   

Volvo AB Class B

     644         7,078   

Wallenstam AB Class B

     220       1,905   
     

 

 

 
Total Sweden               167,276   
Switzerland – 8.4%      

ABB Ltd. Registered Shares*

     594         11,624   

Actelion Ltd. Registered Shares*

     14         2,101   

Adecco S.A. Registered Shares*

     67         4,383   

Baloise Holding AG Registered Shares

     7         893   

Cie Financiere Richemont S.A. Registered Shares

     77         5,110   

Clariant AG Registered Shares*

     63         1,145   

Coca-Cola HBC AG*

     63         1,340   

Credit Suisse Group AG Registered Shares*

     312         4,434   

DKSH Holding AG

     39         2,678   

EMS-Chemie Holding AG Registered Shares

     8         4,164   

Galenica AG Registered Shares

     2         3,020   

GAM Holding AG*

     100         1,451   

Geberit AG Registered Shares

     11         4,127   

Givaudan S.A. Registered Shares

     3         5,908   

Helvetia Holding AG Registered Shares

     8         4,595   

Julius Baer Group Ltd.*

     44         1,898   

Kuehne + Nagel International AG Registered Shares

     93         13,275   

LafargeHolcim Ltd. Registered Shares*

     132         6,234   

Leonteq AG*

     8         761   

Logitech International S.A. Registered Shares

     84         1,342   

Lonza Group AG Registered Shares*

     22         3,738   

Nestle S.A. Registered Shares

     1,026         76,978   

Novartis AG Registered Shares

     702         51,093   

OC Oerlikon Corp. AG Registered Shares*

     200         2,072   

Partners Group Holding AG

     11         4,439   

Roche Holding AG Genusschein

     257         63,522   

SGS S.A. Registered Shares

     4         8,487   

Sonova Holding AG Registered Shares

     15         1,923   

STMicroelectronics N.V.

     429         2,382   

Straumann Holding AG Registered Shares

     7         2,423   

Sulzer AG Registered Shares

     23         2,294   

Swiss Life Holding AG Registered Shares*

     7         1,869   

Swiss Re AG

     283         26,271   

Swisscom AG Registered Shares

     24         13,095   

Syngenta AG Registered Shares

     27         11,278   

UBS Group AG Registered Shares

     941         15,221   

Vontobel Holding AG Registered Shares

     80         3,479   

Zurich Insurance Group AG*

     73         17,022   
     

 

 

 
Total Switzerland               388,069   
United Kingdom – 22.9%      

A.G.Barr PLC

     138         1,051   

Abcam PLC

     169         1,433   

Aberdeen Asset Management PLC

     448         1,786   

Admiral Group PLC

     127         3,620   

Aggreko PLC

     97         1,502   

Amec Foster Wheeler PLC

     150         970   

Ashmore Group PLC

     301         1,244   

Associated British Foods PLC

     88         4,236   

AstraZeneca PLC

     585         32,813   

Aviva PLC

     955         6,261   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree International Hedged Equity Fund (HDWM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Babcock International Group PLC

     181       $ 2,470   

BAE Systems PLC

     1,617         11,830   

Barclays PLC

     3,207         6,914   

BBA Aviation PLC

     605         1,743   

Bellway PLC

     35         1,320   

Berkeley Group Holdings PLC

     91         4,209   

BHP Billiton PLC

     1,402         15,774   

Big Yellow Group PLC

     234         2,605   

Bodycote PLC

     192         1,665   

Booker Group PLC

     628         1,555   

BP PLC

     13,485         67,866   

Brewin Dolphin Holdings PLC

     273         1,018   

British American Tobacco PLC

     951         55,905   

British Land Co. PLC (The)

     365         3,675   

Britvic PLC

     132         1,348   

BT Group PLC

     2,082         13,182   

Burberry Group PLC

     79         1,550   

Cable & Wireless Communications PLC

     2,288         2,534   

Capital & Counties Properties PLC

     114         540   

Carnival PLC

     66         3,559   

Centrica PLC

     2,789         9,128   

Close Brothers Group PLC

     68         1,233   

CNH Industrial N.V.

     481         3,275   

Compass Group PLC

     619         10,925   

Countrywide PLC

     143         793   

Cranswick PLC

     79         2,422   

Croda International PLC

     35         1,529   

Dechra Pharmaceuticals PLC

     175         3,033   

Derwent London PLC

     44         1,993   

Diageo PLC

     860         23,257   

Direct Line Insurance Group PLC

     711         3,783   

Domino’s Pizza Group PLC

     127         1,840   

Drax Group PLC(a)

     219         857   

DS Smith PLC

     396         2,322   

Dunelm Group PLC

     171         2,245   

easyJet PLC

     228         4,978   

Electrocomponents PLC

     532         1,846   

Essentra PLC

     80         952   

esure Group PLC

     321         1,262   

Foxtons Group PLC

     349         816   

Genus PLC

     63         1,385   

GlaxoSmithKline PLC

     3,546         71,965   

Greggs PLC

     107         1,672   

Halfords Group PLC

     151         860   

Halma PLC

     267         3,498   

Hammerson PLC

     277         2,303   

Hargreaves Lansdown PLC

     136         2,627   

Hays PLC

     254         442   

Hikma Pharmaceuticals PLC

     40         1,138   

HomeServe PLC

     371         2,296   

Howden Joinery Group PLC

     255         1,752   

HSBC Holdings PLC

     10,786         67,266   

Hunting PLC

     182         838   

ICAP PLC

     289         1,972   

IG Group Holdings PLC

     247       2,840   

IMI PLC

     75         1,027   

Imperial Brands PLC

     572         31,759   

Inchcape PLC

     160         1,664   

Informa PLC

     251         2,504   

Inmarsat PLC

     216         3,056   

Intertek Group PLC

     52         2,367   

Intu Properties PLC

     835         3,756   

Investec PLC

     139         1,024   

ITV PLC

     941         3,262   

J Sainsbury PLC

     872         3,463   

Jardine Lloyd Thompson Group PLC

     183         2,221   

John Wood Group PLC

     135         1,193   

Johnson Matthey PLC

     29         1,144   

Jupiter Fund Management PLC

     180         1,059   

Kingfisher PLC

     843         4,564   

Ladbrokes PLC

     1,123         1,884   

Land Securities Group PLC

     233         3,687   

Legal & General Group PLC

     2,706         9,148   

London Stock Exchange Group PLC

     40         1,621   

Man Group PLC

     528         1,157   

Marks & Spencer Group PLC

     413         2,411   

Mediclinic International PLC

     15         193   

Meggitt PLC

     172         1,005   

Melrose Industries PLC

     406         2,080   

Michael Page International PLC

     109         669   

Micro Focus International PLC

     72         1,625   

Mondi PLC

     106         2,035   

Moneysupermarket.com Group PLC

     488         2,228   

National Grid PLC

     2,144         30,421   

Old Mutual PLC

     2,071         5,748   

Pearson PLC

     350         4,402   

Pennon Group PLC

     289         3,369   

Persimmon PLC

     124         3,716   

Prudential PLC

     677         12,659   

PZ Cussons PLC

     67         291   

QinetiQ Group PLC

     355         1,163   

Reckitt Benckiser Group PLC

     201         19,443   

Redde PLC

     593         1,423   

RELX N.V.

     389         6,802   

RELX PLC

     455         8,462   

Renishaw PLC

     40         1,055   

Restaurant Group PLC (The)

     202         1,140   

Rexam PLC

     275         2,506   

Rightmove PLC

     27         1,634   

Rio Tinto PLC

     723         20,321   

Rolls-Royce Holdings PLC*

     477         4,676   

Rotork PLC

     116         305   

Royal Dutch Shell PLC Class A

     2,539         61,454   

Royal Dutch Shell PLC Class B

     2,049         50,066   

Royal Mail PLC

     437         3,019   

SABMiller PLC

     577         35,296   

Saga PLC

     796         2,268   

Sage Group PLC (The)

     359         3,246   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree International Hedged Equity Fund (HDWM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Savills PLC

     126       $ 1,376   

Schroders PLC

     71         2,738   

Segro PLC

     359         2,117   

Severn Trent PLC

     141         4,404   

Sky PLC

     661         9,729   

Smith & Nephew PLC

     195         3,218   

Smiths Group PLC

     208         3,217   

Spectris PLC

     44         1,166   

Spirax-Sarco Engineering PLC

     35         1,831   

SSE PLC

     569         12,202   

St. James’s Place PLC

     152         2,007   

Stagecoach Group PLC

     373         1,352   

Standard Life PLC

     819         4,192   

TalkTalk Telecom Group PLC(a)

     709         2,416   

Tate & Lyle PLC

     253         2,102   

Taylor Wimpey PLC

     2,038         5,574   

Ted Baker PLC

     27         1,057   

Telecom Plus PLC

     79         1,045   

Tullett Prebon PLC

     219         1,107   

Unilever N.V. CVA

     505         22,665   

Unilever PLC

     476         21,568   

United Utilities Group PLC

     361         4,789   

Victrex PLC

     56         1,326   

Vodafone Group PLC

     15,828         50,322   

Weir Group PLC (The)

     102         1,624   

WH Smith PLC

     136         3,554   

Whitbread PLC

     20         1,138   

William Hill PLC

     251         1,180   

WM Morrison Supermarkets PLC(a)

     2,321         6,629   

WS Atkins PLC

     95         1,871   
     

 

 

 
Total United Kingdom               1,055,728   

TOTAL COMMON STOCKS

(Cost: $4,808,751)

              4,622,200   
RIGHTS – 0.0%      
Australia – 0.0%      
Qube Holdings Ltd., expiring 4/1/16*
(Cost $0)
     157         38   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.2%   
United States – 1.2%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

     
(Cost: $53,752)(d)      53,752         53,752   

TOTAL INVESTMENTS IN SECURITIES – 101.4%

(Cost: $4,862,503)

        4,675,990   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (1.4)%

        (64,446
     

 

 

 
NET ASSETS – 100.0%             $ 4,611,544   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (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 March 31, 2016.

 

(d) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $73,293 and the total market value of the collateral held by the Fund was $80,364. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $26,612.

CVA – Certificaten Van Aandelen (Certificate of Stock)

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS  
Settlement
Date
  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/1/2016

    HKD        61,753        AUD        10,391      $ 32   

4/4/2016

    AUD        77,209        USD        55,065        (4,328

4/4/2016

    AUD        101,338        USD        72,269        (5,685

4/4/2016

    AUD        101,329        USD        72,269        (5,679

4/4/2016

    AUD        101,329        USD        72,269        (5,679

4/4/2016

    AUD        101,334        USD        72,269        (5,682

4/4/2016

    CHF        60,416        USD        60,754        (2,333

4/4/2016

    CHF        79,286        USD        79,735        (3,057

4/4/2016

    CHF        79,292        USD        79,735        (3,063

4/4/2016

    CHF        79,289        USD        79,735        (3,061

4/4/2016

    CHF        79,288        USD        79,735        (3,060

4/4/2016

    DKK        1,921        NZD        424        1   

4/4/2016

    DKK        56,984        USD        8,310        (406

4/4/2016

    DKK        74,769        USD        10,904        (532

4/4/2016

    DKK        74,774        USD        10,904        (533

4/4/2016

    DKK        74,781        USD        10,904        (534

4/4/2016

    DKK        74,775        USD        10,904        (533

4/4/2016

    EUR        204,679        USD        222,612        (10,630

4/4/2016

    EUR        268,642        USD        292,178        (13,953

4/4/2016

    EUR        268,646        USD        292,178        (13,958

4/4/2016

    EUR        268,638        USD        292,178        (13,949

4/4/2016

    EUR        268,648        USD        292,178        (13,960

4/4/2016

    GBP        5,232        EUR        6,605        7   

4/4/2016

    GBP        151,521        USD        211,188        (6,593

4/4/2016

    GBP        115,452        USD        160,907        (5,033

4/4/2016

    GBP        151,516        USD        211,188        (6,586

4/4/2016

    GBP        151,524        USD        211,188        (6,597

4/4/2016

    GBP        151,525        USD        211,188        (6,599

4/4/2016

    ILS        19,636        USD        5,035        (188

4/4/2016

    ILS        25,761        USD        6,607        (245

4/4/2016

    ILS        25,764        USD        6,607        (246

4/4/2016

    ILS        25,760        USD        6,607        (245

4/4/2016

    ILS        25,764        USD        6,607        (246

4/4/2016

    JPY        146,543        AUD        1,700        4   

4/4/2016

    JPY        329,548        CHF        2,815        7   

4/4/2016

    NOK        89,582        USD        10,274        (556

4/4/2016

    NOK        117,537        USD        13,479        (731

4/4/2016

    NOK        117,533        USD        13,479        (731

4/4/2016

    NOK        117,521        USD        13,479        (729

4/4/2016

    NOK        117,535        USD        13,479        (731

4/4/2016

    NZD        7,141        USD        4,699        (259

4/4/2016

    NZD        9,368        USD        6,164        (340

4/4/2016

    NZD        9,367        USD        6,164        (339

4/4/2016

    NZD        9,368        USD        6,164        (340

4/4/2016

    NZD        9,367        USD        6,164        (340

4/4/2016

    SEK        223,526        USD        26,056        (1,517

4/4/2016

    SEK        293,319        USD        34,194        (1,988

4/4/2016

    SEK        293,328        USD        34,194        (1,989

4/4/2016

    SEK        293,351        USD        34,194        (1,992

4/4/2016

    SEK        293,327        USD        34,194        (1,989

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree International Hedged Equity Fund (HDWM)

March 31, 2016

 

  

 

 

Settlement
Date
  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/4/2016

    SGD        1,487        ILS        4,134      $ (4

4/4/2016

    SGD        524        NOK        3,214        (1

4/4/2016

    SGD        2,811        SEK        16,923         

4/4/2016

    USD        55,065        AUD        71,585        1   

4/4/2016

    USD        72,269        AUD        93,953        5   

4/4/2016

    USD        72,269        AUD        93,950        2   

4/4/2016

    USD        72,269        AUD        93,952        4   

4/4/2016

    USD        72,269        AUD        93,950        2   

4/4/2016

    USD        60,754        CHF        58,180        (1

4/4/2016

    USD        79,735        CHF        76,356        (2

4/4/2016

    USD        79,735        CHF        76,362        4   

4/4/2016

    USD        79,735        CHF        76,361        3   

4/4/2016

    USD        79,735        CHF        76,356        (2

4/4/2016

    USD        8,310        DKK        54,332         

4/4/2016

    USD        10,904        DKK        71,286        (1

4/4/2016

    USD        10,904        DKK        71,293        1   

4/4/2016

    USD        10,904        DKK        71,294        1   

4/4/2016

    USD        10,904        DKK        71,293        1   

4/4/2016

    USD        222,612        EUR        195,356        6   

4/4/2016

    USD        12,749        EUR        11,200        14   

4/4/2016

    USD        292,178        EUR        256,404        8   

4/4/2016

    USD        292,178        EUR        256,411        16   

4/4/2016

    USD        292,178        EUR        256,411        16   

4/4/2016

    USD        292,178        EUR        256,402        4   

4/4/2016

    USD        160,907        GBP        111,954        4   

4/4/2016

    USD        211,188        GBP        146,938        6   

4/4/2016

    USD        211,188        GBP        146,942        12   

4/4/2016

    USD        211,188        GBP        146,941        10   

4/4/2016

    USD        211,188        GBP        146,938        6   

4/4/2016

    USD        5,035        ILS        18,930         

4/4/2016

    USD        6,607        ILS        24,836        (1

4/4/2016

    USD        6,607        ILS        24,840         

4/4/2016

    USD        6,607        ILS        24,840         

4/4/2016

    USD        6,607        ILS        24,841         

4/4/2016

    USD        10,274        NOK        84,981         

4/4/2016

    USD        13,479        NOK        111,492         

4/4/2016

    USD        13,479        NOK        111,493        1   

4/4/2016

    USD        13,479        NOK        111,494        1   

4/4/2016

    USD        13,479        NOK        111,494        1   

4/4/2016

    USD        4,699        NZD        6,768         

4/4/2016

    USD        6,164        NZD        8,878         

4/4/2016

    USD        6,164        NZD        8,878         

4/4/2016

    USD        6,164        NZD        8,879         

4/4/2016

    USD        6,164        NZD        8,878         

4/4/2016

    USD        26,056        SEK        211,233        1   

4/4/2016

    USD        34,194        SEK        277,209        1   

4/4/2016

    USD        34,194        SEK        277,215        2   

4/4/2016

    USD        34,194        SEK        277,214        2   

4/4/2016

    USD        34,194        SEK        277,203         

4/5/2016

    EUR        3,184        SGD        4,883        (2

4/5/2016

    HKD        309,600        USD        39,818        (97

4/5/2016

    HKD        406,302        USD        52,256        (126

4/5/2016

    HKD        406,324        USD        52,256        (129

4/5/2016

    HKD        406,275        USD        52,256        (122

4/5/2016

    HKD        406,273        USD        52,256        (122

4/5/2016

    JPY        11,978,649        USD        106,244        (337

4/5/2016

    JPY        15,721,441        USD        139,440        (442

4/5/2016

    JPY        15,721,469        USD        139,440        (443

4/5/2016

    JPY        15,721,776        USD        139,440        (445

4/5/2016

    JPY        15,721,497        USD        139,440      (443

4/5/2016

    JPY        1,000,000        USD        8,885        (12

4/5/2016

    SGD        20,347        USD        14,455        (655

4/5/2016

    SGD        26,700        USD        18,970        (858

4/5/2016

    SGD        26,700        USD        18,970        (858

4/5/2016

    SGD        26,704        USD        18,970        (861

4/5/2016

    SGD        26,702        USD        18,970        (859

4/5/2016

    USD        39,818        HKD        308,858        1   

4/5/2016

    USD        52,256        HKD        405,347        3   

4/5/2016

    USD        52,256        HKD        405,347        3   

4/5/2016

    USD        52,256        HKD        405,345        2   

4/5/2016

    USD        52,256        HKD        405,338        2   

4/5/2016

    USD        106,244        JPY        11,940,518        (3

4/5/2016

    USD        139,440        JPY        15,670,964        (7

4/5/2016

    USD        139,440        JPY        15,670,127        (14

4/5/2016

    USD        139,440        JPY        15,672,010        2   

4/5/2016

    USD        139,440        JPY        15,672,818        10   

4/5/2016

    USD        14,455        SGD        19,465         

4/5/2016

    USD        18,970        SGD        25,546        1   

4/5/2016

    USD        18,970        SGD        25,546        1   

4/5/2016

    USD        18,970        SGD        25,545         

4/5/2016

    USD        18,970        SGD        25,546         

5/3/2016

    AUD        77,301        USD        59,383        (2

5/3/2016

    AUD        101,465        USD        77,940        (8

5/3/2016

    AUD        101,459        USD        77,940        (4

5/3/2016

    AUD        101,461        USD        77,940        (5

5/3/2016

    AUD        101,459        USD        77,940        (3

5/3/2016

    CHF        58,638        USD        61,306        (2

5/3/2016

    CHF        76,954        USD        80,459        1   

5/3/2016

    CHF        76,960        USD        80,459        (6

5/3/2016

    CHF        77,055        USD        80,459        (105

5/3/2016

    CHF        76,954        USD        80,459         

5/3/2016

    DKK        55,535        USD        8,500        (1

5/3/2016

    DKK        72,858        USD        11,153         

5/3/2016

    DKK        72,865        USD        11,153        (1

5/3/2016

    DKK        72,866        USD        11,153        (1

5/3/2016

    DKK        72,865        USD        11,153        (1

5/3/2016

    EUR        205,052        USD        233,857        (11

5/3/2016

    EUR        269,130        USD        306,935        (15

5/3/2016

    EUR        269,135        USD        306,935        (21

5/3/2016

    EUR        269,138        USD        306,935        (24

5/3/2016

    EUR        269,126        USD        306,935        (11

5/3/2016

    ILS        18,899        USD        5,029         

5/3/2016

    ILS        24,800        USD        6,599        (1

5/3/2016

    ILS        24,797        USD        6,599         

5/3/2016

    ILS        24,801        USD        6,599        (1

5/3/2016

    ILS        24,800        USD        6,599        (1

5/3/2016

    NOK        89,490        USD        10,817        (1

5/3/2016

    NOK        117,406        USD        14,192        (1

5/3/2016

    NOK        117,409        USD        14,192        (1

5/3/2016

    NOK        117,408        USD        14,192        (1

5/3/2016

    NOK        117,408        USD        14,192        (1

5/3/2016

    NZD        7,278        USD        5,045         

5/3/2016

    NZD        9,546        USD        6,617         

5/3/2016

    NZD        9,546        USD        6,617         

5/3/2016

    NZD        9,546        USD        6,617         

5/3/2016

    NZD        9,546        USD        6,617         

5/3/2016

    SEK        285,122        USD        35,206        (1

5/3/2016

    SEK        217,242        USD        26,824        (1

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (concluded)

WisdomTree International Hedged Equity Fund (HDWM)

March 31, 2016

 

  

 

 

Settlement
Date
  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

5/3/2016

    SEK        285,131        USD        35,206      $ (2

5/3/2016

    SEK        285,133        USD        35,206        (2

5/3/2016

    SEK        285,134        USD        35,206        (3

5/4/2016

    GBP        115,197        USD        165,579        (8

5/4/2016

    GBP        151,192        USD        217,317        (11

5/4/2016

    GBP        151,194        USD        217,317        (14

5/4/2016

    GBP        151,194        USD        217,317        (14

5/4/2016

    GBP        151,192        USD        217,317        (11

5/4/2016

    HKD        318,473        USD        41,066        (2

5/4/2016

    HKD        417,978        USD        53,895        (5

5/4/2016

    HKD        417,980        USD        53,895        (5

5/4/2016

    HKD        417,972        USD        53,895        (4

5/4/2016

    HKD        418,009        USD        53,895        (9

5/5/2016

    SGD        21,304        USD        15,817        (2

5/5/2016

    SGD        27,956        USD        20,754        (5

5/5/2016

    SGD        27,956        USD        20,754        (5

5/5/2016

    SGD        27,956        USD        20,754        (5

5/5/2016

    SGD        27,954        USD        20,754        (4

5/9/2016

    JPY        12,132,785        USD        108,048        (10

5/9/2016

    JPY        15,924,341        USD        141,810        (17

5/9/2016

    JPY        15,924,128        USD        141,810        (15

5/9/2016

    JPY        15,924,128        USD        141,810        (15

5/9/2016

    JPY        15,924,809        USD        141,810        (21
                                    $ (164,819

 

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

NOK – Norwegian krone

NZD – New Zealand dollar

SEK – Swedish krona

SGD – Singapore dollar

USD – U.S. dollar

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 100.2%      
Australia – 6.9%      

Brambles Ltd.

     467,488       $ 4,358,534   

carsales.com Ltd.(a)

     112,283         1,015,754   

CSL Ltd.

     88,168         6,879,986   

Domino’s Pizza Enterprises Ltd.

     13,432         593,916   

Incitec Pivot Ltd.

     716,547         1,758,339   

JB Hi-Fi Ltd.(a)

     50,751         920,568   

Platinum Asset Management Ltd.

     314,984         1,538,613   

Ramsay Health Care Ltd.

     35,164         1,659,782   

REA Group Ltd.(a)

     27,689         1,150,826   

Seek Ltd.(a)

     82,171         1,022,738   

Telstra Corp., Ltd.

     6,937,365         28,443,897   

TPG Telecom Ltd.

     119,759         1,044,693   
     

 

 

 
Total Australia               50,387,646   
Belgium – 0.1%      

Melexis N.V.

     11,887         647,491   
China – 2.0%      

China Everbright International Ltd.

     370,000         413,096   

China Overseas Land & Investment Ltd.

     2,110,000         6,678,291   

China South City Holdings Ltd.(a)

     3,973,500         819,643   

CITIC Telecom International Holdings Ltd.

     1,248,000         469,817   

CSPC Pharmaceutical Group Ltd.

     1,298,000         1,174,744   

Fosun International Ltd.

     435,679         620,108   

Guangdong Investment Ltd.

     2,048,000         2,590,182   

Guotai Junan International Holdings Ltd.

     899,000         315,254   

Lenovo Group Ltd.

     1,812,500         1,411,388   
     

 

 

 
Total China               14,492,523   
Denmark – 4.3%      

Chr Hansen Holding A/S

     21,875         1,470,836   

Coloplast A/S Class B

     64,031         4,859,655   

Novo Nordisk A/S Class B

     392,370         21,317,053   

Novozymes A/S Class B

     39,111         1,761,145   

Pandora A/S

     18,200         2,387,063   
     

 

 

 
Total Denmark               31,795,752   
Finland – 1.9%      

Caverion Corp.

     56,058         543,626   

Kone Oyj Class B

     193,098         9,321,103   

Konecranes Oyj(a)

     27,361         654,140   

Uponor Oyj

     38,049         553,258   

Wartsila Oyj Abp

     69,722         3,159,796   
     

 

 

 
Total Finland               14,231,923   
France – 6.7%      

Bureau Veritas S.A.

     125,124         2,791,104   

Cie Generale des Etablissements Michelin

     47,618         4,879,882   

Dassault Systemes

     22,349         1,775,871   

Essilor International S.A.

     24,394         3,017,494   

Gaztransport Et Technigaz S.A.

     7,457         244,392   

Hermes International

     7,792         2,747,723   

Ingenico Group S.A.

     7,576         871,525   

L’Oreal S.A.

     94,102         16,883,990   

SEB S.A.

     10,097         1,048,891   

Societe BIC S.A.

     11,517         1,735,020   

Societe Television Francaise 1

     15,010         194,651   

Sodexo S.A.

     31,166         3,364,713   

Tarkett S.A.

     21,011         659,632   

Teleperformance

     12,603       $ 1,109,589   

Thales S.A.

     52,454         4,602,597   

Valeo S.A.

     14,247         2,220,972   

Zodiac Aerospace

     42,018         843,195   
     

 

 

 
Total France               48,991,241   
Germany – 7.2%      

Axel Springer SE

     39,978         2,158,033   

Brenntag AG

     39,137         2,238,849   

Continental AG

     30,358         6,918,895   

Duerr AG

     10,637         837,225   

Evonik Industries AG

     136,338         4,096,173   

Fielmann AG

     26,205         1,991,790   

Hugo Boss AG

     27,853         1,829,488   

Infineon Technologies AG

     231,652         3,301,059   

MTU Aero Engines AG

     14,310         1,374,514   

ProSiebenSat.1 Media SE

     87,050         4,482,256   

RHOEN-KLINIKUM AG

     38,657         1,204,811   

SAP SE

     236,537         19,164,710   

Symrise AG

     21,528         1,447,402   

United Internet AG Registered Shares

     36,778         1,848,458   
     

 

 

 
Total Germany               52,893,663   
Hong Kong – 3.0%      

Chong Hing Bank Ltd.

     129,000         262,772   

Hong Kong Exchanges and Clearing Ltd.

     186,700         4,496,272   

Power Assets Holdings Ltd.

     927,500         9,488,384   

Techtronic Industries Co., Ltd.

     238,000         940,457   

Wharf Holdings Ltd. (The)

     1,217,000         6,652,545   
     

 

 

 
Total Hong Kong               21,840,430   
Indonesia – 0.1%      

Bumitama Agri Ltd.

     549,100         379,224   
Ireland – 0.3%      

Greencore Group PLC

     129,559         698,307   

Paddy Power Betfair PLC

     12,467         1,741,750   
     

 

 

 
Total Ireland               2,440,057   
Israel – 1.4%      

Bezeq Israeli Telecommunication Corp., Ltd.

     3,729,129         8,406,535   

Israel Chemicals Ltd.

     499,491         2,172,278   
     

 

 

 
Total Israel               10,578,813   
Italy – 1.5%      

De’ Longhi SpA

     33,132         755,112   

Industria Macchine Automatiche SpA

     16,080         944,601   

Luxottica Group SpA

     119,426         6,600,460   

Recordati SpA

     77,501         1,942,958   

Salvatore Ferragamo SpA(a)

     31,227         799,233   
     

 

 

 
Total Italy               11,042,364   
Japan – 13.7%      

ABC-Mart, Inc.

     11,900         763,370   

Astellas Pharma, Inc.

     457,500         6,091,452   

Bandai Namco Holdings, Inc.

     56,700         1,237,972   

Casio Computer Co., Ltd.(a)

     46,400         937,536   

Chugai Pharmaceutical Co., Ltd.

     81,100         2,514,645   

CyberAgent, Inc.(a)

     8,200         381,565   

Daikin Industries Ltd.

     37,700         2,821,588   

Daito Trust Construction Co., Ltd.

     32,000         4,549,669   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Fast Retailing Co., Ltd.

     5,500       $ 1,762,623   

Fuji Heavy Industries Ltd.

     121,500         4,297,011   

Hino Motors Ltd.

     181,000         1,959,847   

Hoya Corp.

     80,600         3,069,964   

Isuzu Motors Ltd.

     186,500         1,928,137   

ITOCHU Corp.

     520,300         6,416,084   

Japan Tobacco, Inc.

     511,200         21,331,269   

KDDI Corp.

     622,000         16,635,366   

Keyence Corp.

     2,400         1,310,877   

Koito Manufacturing Co., Ltd.

     12,700         576,271   

Kuraray Co., Ltd.

     104,600         1,280,569   

Minebea Co., Ltd.(a)

     58,000         453,081   

Murata Manufacturing Co., Ltd.

     22,340         2,697,218   

Nexon Co., Ltd.

     43,400         740,999   

Nippon Paint Holdings Co., Ltd.(a)

     26,100         579,845   

Nitori Holdings Co., Ltd.

     7,400         678,802   

Nitto Denko Corp.(a)

     18,500         1,029,890   

NOK Corp.

     8,400         143,643   

Omron Corp.

     45,300         1,350,194   

Sanrio Co., Ltd.(a)

     32,500         636,439   

SCSK Corp.

     25,500         998,265   

Shionogi & Co., Ltd.

     50,900         2,398,837   

Sundrug Co., Ltd.

     7,600         569,349   

Sysmex Corp.

     12,500         782,953   

Trend Micro, Inc.

     46,100         1,689,862   

Unicharm Corp.

     20,000         435,785   

Yahoo Japan Corp.(a)

     1,178,200         5,021,200   
     

 

 

 
Total Japan               100,072,177   
Netherlands – 2.8%      

Aalberts Industries N.V.

     26,546         922,338   

ASML Holding N.V.

     38,275         3,894,063   

Euronext N.V.(b)

     22,630         941,005   

Heineken N.V.

     97,994         8,894,444   

Koninklijke Ahold N.V.

     251,241         5,660,187   
     

 

 

 
Total Netherlands               20,312,037   
New Zealand – 1.0%      

Fisher & Paykel Healthcare Corp., Ltd.

     195,098         1,327,474   

Mainfreight Ltd.

     29,413         323,884   

Ryman Healthcare Ltd.

     79,788         462,563   

Spark New Zealand Ltd.

     2,035,663         5,158,765   
     

 

 

 
Total New Zealand               7,272,686   
Norway – 1.7%      

Kongsberg Gruppen ASA

     51,134         840,771   

Telenor ASA

     341,653         5,530,886   

Veidekke ASA

     83,173         1,131,263   

Yara International ASA

     120,955         4,553,772   
     

 

 

 
Total Norway               12,056,692   
Portugal – 0.3%      

Jeronimo Martins, SGPS, S.A.

     142,197         2,330,145   
Singapore – 0.8%      

First Resources Ltd.(a)

     535,300         802,990   

M1 Ltd.(a)

     764,300         1,475,702   

Raffles Medical Group Ltd.(a)

     132,200         442,761   

Singapore Exchange Ltd.

     526,200         3,106,557   
     

 

 

 
Total Singapore               5,828,010   
Spain – 4.3%      

Abertis Infraestructuras S.A.(a)

     467,928       $ 7,705,138   

Amadeus IT Holding S.A. Class A

     96,152         4,129,695   

Atresmedia Corp. de Medios de Comunicaion S.A.(a)

     28,171         309,145   

Distribuidora Internacional de Alimentacion S.A.*

     178,484         928,686   

Industria de Diseno Textil S.A.

     510,418         17,196,396   

Prosegur Cia de Seguridad S.A.

     177,508         1,001,283   
     

 

 

 
Total Spain               31,270,343   
Sweden – 6.6%      

Alfa Laval AB

     139,970         2,294,647   

Assa Abloy AB Class B

     184,412         3,644,245   

Atlas Copco AB Class A

     197,313         4,972,559   

Axfood AB

     85,358         1,579,397   

Boliden AB

     60,688         972,452   

Getinge AB Class B(a)

     38,933         898,561   

Hennes & Mauritz AB Class B

     483,582         16,147,834   

Hexagon AB Class B

     50,041         1,950,604   

Loomis AB Class B

     24,575         695,716   

Modern Times Group MTG AB Class B

     33,607         1,008,206   

NCC AB Class B

     52,242         1,905,579   

Sandvik AB(a)

     510,595         5,290,683   

SKF AB Class B(a)

     143,064         2,587,142   

Tele2 AB Class B

     179,241         1,664,900   

Trelleborg AB Class B

     92,111         1,824,790   

Wihlborgs Fastigheter AB

     39,339         836,597   
     

 

 

 
Total Sweden               48,273,912   
Switzerland – 9.9%      

ABB Ltd. Registered Shares*

     670,257         13,116,082   

Actelion Ltd. Registered Shares*

     13,185         1,978,473   

Adecco S.A. Registered Shares*

     60,367         3,949,243   

Cie Financiere Richemont S.A. Registered Shares

     104,265         6,919,063   

Geberit AG Registered Shares

     11,449         4,295,542   

Georg Fischer AG Registered Shares

     1,599         1,297,367   

Partners Group Holding AG

     9,780         3,947,131   

Roche Holding AG Genusschein

     139,103         34,381,747   

Sonova Holding AG Registered Shares

     13,269         1,701,491   

Straumann Holding AG Registered Shares

     3,539         1,225,060   
     

 

 

 
Total Switzerland               72,811,199   
United Kingdom – 23.7%      

Aggreko PLC

     69,614         1,077,605   

ARM Holdings PLC

     107,915         1,572,777   

Ashmore Group PLC(a)

     502,632         2,077,717   

Ashtead Group PLC

     76,025         944,099   

AVEVA Group PLC

     16,301         369,013   

Babcock International Group PLC

     130,940         1,786,960   

BBA Aviation PLC

     353,459         1,018,085   

Bellway PLC

     35,809         1,350,013   

Berkeley Group Holdings PLC

     81,167         3,754,161   

Bodycote PLC

     82,906         719,135   

Booker Group PLC

     377,895         935,845   

Bovis Homes Group PLC

     22,090         295,751   

British American Tobacco PLC

     652,790         38,374,631   

Britvic PLC

     111,145         1,135,015   

Burberry Group PLC

     93,978         1,843,768   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Compass Group PLC

     435,043       $ 7,678,528   

Crest Nicholson Holdings PLC

     86,518         700,104   

Croda International PLC

     42,226         1,844,413   

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

     48,310         483,274   

Derwent London PLC

     17,024         771,250   

Drax Group PLC(a)

     94,016         367,687   

Dunelm Group PLC

     68,343         897,326   

easyJet PLC

     115,474         2,521,096   

Essentra PLC

     70,491         838,396   

Fresnillo PLC

     27,357         374,525   

Galliford Try PLC

     48,454         999,376   

Go-Ahead Group PLC

     23,652         900,868   

Hargreaves Lansdown PLC

     158,573         3,063,204   

Hays PLC

     408,679         710,747   

Howden Joinery Group PLC

     157,625         1,083,157   

IMI PLC

     133,780         1,831,486   

Inmarsat PLC

     186,710         2,641,987   

Interserve PLC

     28,150         175,515   

ITV PLC

     793,233         2,749,954   

Melrose Industries PLC

     121,600         623,075   

Moneysupermarket.com Group PLC

     231,152         1,055,510   

N Brown Group PLC

     134,774         633,046   

Next PLC

     24,396         1,893,476   

Reckitt Benckiser Group PLC

     199,566         19,304,076   

RELX N.V.

     313,677         5,485,082   

Renishaw PLC

     10,033         264,615   

Rightmove PLC

     17,819         1,078,490   

Smith & Nephew PLC

     199,264         3,287,897   

Taylor Wimpey PLC

     1,693,338         4,631,587   

Unilever N.V. CVA

     557,134         25,004,840   

Unilever PLC

     446,130         20,214,543   

Whitbread PLC

     40,848         2,324,949   
     

 

 

 
Total United Kingdom               173,688,654   

TOTAL COMMON STOCKS

(Cost: $730,994,498)

              733,636,982   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.7%   
United States – 2.7%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

     
(Cost: $19,354,354)(d)      19,354,354         19,354,354   

TOTAL INVESTMENTS IN SECURITIES – 102.9%

(Cost: $750,348,852)

  

  

     752,991,336   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (2.9)%

        (20,941,405
     

 

 

 
NET ASSETS – 100.0%             $ 732,049,931   
* Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (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 March 31, 2016.

 

(d) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $20,016,975 and the total market value of the collateral held by the Fund was $21,592,381. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $2,238,027.

CVA – Certificaten Van Aandelen (Certificate of Stock)

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS  
Settlement
Date
  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/4/2016

    AUD        13,894,092        USD        9,909,155      $ (778,871

4/4/2016

    AUD        10,586,336        USD        7,549,836        (593,700

4/4/2016

    AUD        13,894,325        USD        9,909,155        (779,051

4/4/2016

    AUD        13,893,546        USD        9,909,155        (778,451

4/4/2016

    AUD        13,894,910        USD        9,909,155        (779,500

4/4/2016

    AUD        566,364        USD        419,063        (16,612

4/4/2016

    AUD        109,980        USD        83,813        (789

4/4/2016

    CHF        15,317,980        USD        15,403,795        (591,590

4/4/2016

    CHF        15,317,072        USD        15,403,795        (590,641

4/4/2016

    CHF        15,318,150        USD        15,403,795        (591,767

4/4/2016

    CHF        11,670,749        USD        11,736,225        (450,637

4/4/2016

    CHF        15,318,304        USD        15,403,795        (591,928

4/4/2016

    CHF        646,400        USD        651,433        (23,553

4/4/2016

    CHF        126,401        USD        130,287        (1,704

4/4/2016

    DKK        45,009,755        USD        6,563,842        (320,541

4/4/2016

    DKK        34,296,536        USD        5,001,026        (244,737

4/4/2016

    DKK        45,013,516        USD        6,563,842        (321,117

4/4/2016

    DKK        45,009,866        USD        6,563,842        (320,559

4/4/2016

    DKK        45,008,665        USD        6,563,842        (320,375

4/4/2016

    DKK        1,880,112        USD        277,588        (9,981

4/4/2016

    DKK        368,599        USD        55,518        (860

4/4/2016

    EUR        39,379,638        USD        42,829,885        (2,045,201

4/4/2016

    EUR        39,378,914        USD        42,829,885        (2,044,376

4/4/2016

    EUR        30,004,200        USD        32,632,298        (1,559,003

4/4/2016

    EUR        39,380,543        USD        42,829,885        (2,046,232

4/4/2016

    EUR        39,379,819        USD        42,829,885        (2,045,407

4/4/2016

    EUR        1,644,270        USD        1,811,295        (62,434

4/4/2016

    EUR        322,560        USD        362,259        (5,315

4/4/2016

    GBP        15,933,149        USD        22,206,747        (693,967

4/4/2016

    GBP        20,912,858        USD        29,146,355        (911,695

4/4/2016

    GBP        20,913,158        USD        29,146,355        (912,126

4/4/2016

    GBP        20,912,798        USD        29,146,355        (911,609

4/4/2016

    GBP        20,911,583        USD        29,146,355        (909,862

4/4/2016

    GBP        867,060        USD        1,232,613        (13,613

4/4/2016

    GBP        173,390        USD        246,523        (2,691

4/4/2016

    ILS        8,686,740        USD        2,227,456        (83,154

4/4/2016

    ILS        8,685,007        USD        2,227,456        (82,693

4/4/2016

    ILS        8,686,254        USD        2,227,456        (83,025

4/4/2016

    ILS        6,617,668        USD        1,697,110        (63,142

4/4/2016

    ILS        8,686,633        USD        2,227,456        (83,126

4/4/2016

    ILS        368,112        USD        94,200        (3,715

4/4/2016

    ILS        72,390        USD        18,840        (415

4/4/2016

    JPY        51,570,000        DKK        3,000,000        31   

4/4/2016

    JPY        256,234,000        EUR        2,000,000        (662

4/4/2016

    JPY        23,027,829        NOK        1,690,302        (524

4/4/2016

    NOK        16,457,185        USD        1,887,346        (102,339

4/4/2016

    NOK        21,600,378        USD        2,477,136        (134,365

4/4/2016

    NOK        21,599,102        USD        2,477,136        (134,211

4/4/2016

    NOK        21,598,788        USD        2,477,136        (134,173

4/4/2016

    NOK        21,600,666        USD        2,477,136        (134,400

4/4/2016

    NOK        893,839        USD        104,759        (3,307

4/4/2016

    NOK        176,097        USD        20,952        (338

4/4/2016

    NZD        2,105,388        USD        1,385,400        (76,370

4/4/2016

    NZD        1,604,088        USD        1,055,543        (58,175

4/4/2016

    NZD        2,105,583        USD        1,385,400        (76,506

4/4/2016

    NZD        2,105,375        USD        1,385,400        (76,362

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

March 31, 2016

 

  

 

 

Settlement
Date
  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/4/2016

    NZD        2,105,417        USD        1,385,400      $ (76,390

4/4/2016

    NZD        86,436        USD        58,589        (1,423

4/4/2016

    NZD        17,348        USD        11,718        (327

4/4/2016

    SEK        82,633,379        USD        9,632,413        (560,807

4/4/2016

    SEK        82,634,612        USD        9,632,413        (560,959

4/4/2016

    SEK        62,873,059        USD        7,338,982        (416,709

4/4/2016

    SEK        82,638,398        USD        9,632,413        (561,426

4/4/2016

    SEK        82,627,513        USD        9,632,413        (560,084

4/4/2016

    SEK        3,451,191        USD        407,359        (18,362

4/4/2016

    SEK        669,645        USD        81,472        (1,132

4/4/2016

    USD        72,227        AUD        95,154        970   

4/4/2016

    USD        9,999,592        AUD        12,999,483        256   

4/4/2016

    USD        995,722        AUD        1,300,000        4,303   

4/4/2016

    USD        9,999,592        AUD        12,999,483        256   

4/4/2016

    USD        9,999,592        AUD        12,999,145        (4

4/4/2016

    USD        7,618,737        AUD        9,904,613        383   

4/4/2016

    USD        9,999,592        AUD        12,999,516        282   

4/4/2016

    USD        112,277        CHF        108,603        1,128   

4/4/2016

    USD        15,544,378        CHF        14,885,763        (325

4/4/2016

    USD        15,544,378        CHF        14,885,607        (487

4/4/2016

    USD        15,544,378        CHF        14,886,074         

4/4/2016

    USD        11,843,336        CHF        11,342,339        594   

4/4/2016

    USD        15,544,378        CHF        14,885,638        (455

4/4/2016

    USD        47,843        DKK        316,628        586   

4/4/2016

    USD        6,623,747        DKK        43,306,787        162   

4/4/2016

    USD        5,046,669        DKK        32,998,170        505   

4/4/2016

    USD        6,623,747        DKK        43,303,541        (334

4/4/2016

    USD        6,623,747        DKK        43,305,727         

4/4/2016

    USD        6,623,747        DKK        43,307,886        330   

4/4/2016

    USD        312,183        EUR        277,146        3,639   

4/4/2016

    USD        43,220,773        EUR        37,928,929        1,157   

4/4/2016

    USD        43,220,773        EUR        37,929,828        2,181   

4/4/2016

    USD        43,220,773        EUR        37,928,929        1,157   

4/4/2016

    USD        32,930,117        EUR        28,898,920        1,661   

4/4/2016

    USD        43,220,773        EUR        37,928,496        663   

4/4/2016

    USD        212,445        GBP        147,506        (435

4/4/2016

    USD        29,412,360        GBP        20,464,189        817   

4/4/2016

    USD        29,412,360        GBP        20,463,619        (1

4/4/2016

    USD        29,412,360        GBP        20,464,189        817   

4/4/2016

    USD        22,409,418        GBP        15,592,089        1,091   

4/4/2016

    USD        29,412,360        GBP        20,464,232        879   

4/4/2016

    USD        16,236        ILS        62,508        391   

4/4/2016

    USD        2,247,784        ILS        8,450,746        54   

4/4/2016

    USD        1,712,602        ILS        6,439,169        171   

4/4/2016

    USD        2,247,784        ILS        8,450,544         

4/4/2016

    USD        2,247,784        ILS        8,450,971        114   

4/4/2016

    USD        2,247,784        ILS        8,451,135        157   

4/4/2016

    USD        18,056        NOK        151,623        275   

4/4/2016

    USD        2,499,744        NOK        20,676,533        63   

4/4/2016

    USD        1,904,569        NOK        15,754,741        190   

4/4/2016

    USD        2,499,744        NOK        20,676,633        76   

4/4/2016

    USD        2,499,744        NOK        20,676,008         

4/4/2016

    USD        2,499,744        NOK        20,677,040        125   

4/4/2016

    USD        10,098        NZD        14,942        276   

4/4/2016

    USD        1,398,043        NZD        2,013,659        40   

4/4/2016

    USD        1,065,180        NZD        1,534,026        (106

4/4/2016

    USD        1,398,043        NZD        2,013,659        40   

4/4/2016

    USD        1,398,043        NZD        2,013,601         

4/4/2016

    USD        1,398,043        NZD        2,013,659      40   

4/4/2016

    USD        70,210        SEK        576,836        945   

4/4/2016

    USD        9,720,323        SEK        78,801,687        240   

4/4/2016

    USD        7,405,963        SEK        60,043,919        740   

4/4/2016

    USD        9,720,323        SEK        78,802,075        288   

4/4/2016

    USD        9,720,323        SEK        78,799,742         

4/4/2016

    USD        9,720,323        SEK        78,800,384        79   

4/5/2016

    HKD        57,349,507        USD        7,375,779        (17,908

4/5/2016

    HKD        43,691,335        USD        5,619,645        (13,186

4/5/2016

    HKD        57,345,575        USD        7,375,779        (17,402

4/5/2016

    HKD        57,347,493        USD        7,375,779        (17,649

4/5/2016

    HKD        57,348,268        USD        7,375,779        (17,749

4/5/2016

    HKD        2,420,778        USD        311,925        (170

4/5/2016

    HKD        483,655        USD        62,385        31   

4/5/2016

    JPY        2,282,910,068        USD        20,248,150        (64,149

4/5/2016

    JPY        1,739,379,026        USD        15,427,166        (49,040

4/5/2016

    JPY        2,282,841,225        USD        20,248,150        (63,537

4/5/2016

    JPY        2,282,887,795        USD        20,248,150        (63,951

4/5/2016

    JPY        2,282,918,168        USD        20,248,150        (64,222

4/5/2016

    JPY        97,358,482        USD        856,303        (9,949

4/5/2016

    JPY        19,137,577        USD        171,261        984   

4/5/2016

    SGD        1,595,970        USD        1,133,825        (51,364

4/5/2016

    SGD        1,595,983        USD        1,133,825        (51,374

4/5/2016

    SGD        1,596,066        USD        1,133,825        (51,435

4/5/2016

    SGD        1,595,846        USD        1,133,825        (51,272

4/5/2016

    SGD        1,215,932        USD        863,867        (39,100

4/5/2016

    SGD        66,018        USD        47,950        (1,076

4/5/2016

    SGD        13,060        USD        9,590        (108

4/5/2016

    USD        53,761        HKD        416,725        (35

4/5/2016

    USD        7,443,095        HKD        57,734,153        182   

4/5/2016

    USD        7,443,095        HKD        57,735,641        374   

4/5/2016

    USD        5,670,930        HKD        43,991,247        567   

4/5/2016

    USD        7,443,095        HKD        57,732,739         

4/5/2016

    USD        7,443,095        HKD        57,734,465        223   

4/5/2016

    USD        147,587        JPY        16,460,732        (1,127

4/5/2016

    USD        20,432,946        JPY        2,296,411,805        (514

4/5/2016

    USD        20,432,946        JPY        2,296,356,636        (1,005

4/5/2016

    USD        15,567,959        JPY        1,749,723,388        287   

4/5/2016

    USD        20,432,946        JPY        2,296,505,796        322   

4/5/2016

    USD        20,432,946        JPY        2,296,628,394        1,413   

4/5/2016

    USD        8,264        SGD        11,227        73   

4/5/2016

    USD        1,144,173        SGD        1,540,725        (10

4/5/2016

    USD        871,751        SGD        1,174,017        90   

4/5/2016

    USD        1,144,173        SGD        1,540,733        (4

4/5/2016

    USD        1,144,173        SGD        1,540,791        39   

4/5/2016

    USD        1,144,173        SGD        1,540,799        45   

5/3/2016

    AUD        13,529,572        USD        10,393,471        (283

5/3/2016

    AUD        10,308,559        USD        7,918,839        (452

5/3/2016

    AUD        13,529,818        USD        10,393,471        (472

5/3/2016

    AUD        13,529,290        USD        10,393,471        (66

5/3/2016

    AUD        13,529,765        USD        10,393,471        (431

5/3/2016

    CHF        14,625,663        USD        15,291,245        (493

5/3/2016

    CHF        11,143,774        USD        11,650,477        (802

5/3/2016

    CHF        14,625,067        USD        15,291,245        131   

5/3/2016

    CHF        14,626,321        USD        15,291,245        (1,180

5/3/2016

    CHF        14,625,204        USD        15,291,245        (13

5/3/2016

    DKK        43,588,248        USD        6,671,477        (867

5/3/2016

    DKK        43,583,825        USD        6,671,477        (190

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (concluded)

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

March 31, 2016

 

  

 

 

Settlement
Date
  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

5/3/2016

    DKK        33,210,067        USD        5,083,033      $ (653

5/3/2016

    DKK        43,582,224        USD        6,671,477        55   

5/3/2016

    DKK        43,585,933        USD        6,671,477        (512

5/3/2016

    EUR        39,748,770        USD        45,332,478        (2,084

5/3/2016

    EUR        30,285,229        USD        34,539,032        (2,103

5/3/2016

    EUR        39,748,909        USD        45,332,478        (2,243

5/3/2016

    EUR        39,750,582        USD        45,332,478        (4,151

5/3/2016

    EUR        39,748,317        USD        45,332,478        (1,567

5/3/2016

    ILS        8,567,269        USD        2,279,764        (120

5/3/2016

    ILS        6,528,309        USD        1,736,966        (319

5/3/2016

    ILS        8,567,852        USD        2,279,764        (275

5/3/2016

    ILS        8,568,363        USD        2,279,764        (411

5/3/2016

    ILS        8,567,809        USD        2,279,764        (264

5/3/2016

    NOK        21,657,243        USD        2,617,801        (240

5/3/2016

    NOK        21,656,240        USD        2,617,801        (119

5/3/2016

    NOK        16,501,248        USD        1,994,519        (238

5/3/2016

    NOK        21,655,463        USD        2,617,801        (25

5/3/2016

    NOK        21,656,583        USD        2,617,801        (160

5/3/2016

    NZD        2,134,462        USD        1,479,592        (54

5/3/2016

    NZD        1,626,057        USD        1,127,311        101   

5/3/2016

    NZD        2,134,437        USD        1,479,592        (37

5/3/2016

    NZD        2,134,373        USD        1,479,592        8   

5/3/2016

    NZD        2,134,453        USD        1,479,592        (47

5/3/2016

    SEK        82,232,329        USD        10,153,670        (456

5/3/2016

    SEK        82,231,182        USD        10,153,670        (314

5/3/2016

    SEK        62,657,633        USD        7,736,131        (893

5/3/2016

    SEK        82,228,887        USD        10,153,670        (31

5/3/2016

    SEK        82,233,964        USD        10,153,670        (658

5/4/2016

    GBP        21,192,503        USD        30,461,278        (1,461

5/4/2016

    GBP        16,146,795        USD        23,208,596        (1,291

5/4/2016

    GBP        21,192,518        USD        30,461,278        (1,482

5/4/2016

    GBP        21,191,678        USD        30,461,278        (274

5/4/2016

    GBP        21,192,533        USD        30,461,278        (1,504

5/4/2016

    HKD        59,334,171        USD        7,650,934        (434

5/4/2016

    HKD        59,336,115        USD        7,650,934        (685

5/4/2016

    HKD        59,331,547        USD        7,650,934        (96

5/4/2016

    HKD        45,209,807        USD        5,829,285        (692

5/4/2016

    HKD        59,340,506        USD        7,650,934        (1,251

5/5/2016

    SGD        1,709,712        USD        1,269,385        (181

5/5/2016

    SGD        1,709,860        USD        1,269,385        (291

5/5/2016

    SGD        1,709,806        USD        1,269,385        (251

5/5/2016

    SGD        1,302,723        USD        967,155        (197

5/5/2016

    SGD        1,709,887        USD        1,269,385        (311

5/9/2016

    JPY        2,384,181,856        USD        21,232,229        (1,991

5/9/2016

    JPY        2,384,209,458        USD        21,232,229        (2,237

5/9/2016

    JPY        2,384,239,183        USD        21,232,229        (2,502

5/9/2016

    JPY        1,816,445,390        USD        16,176,939        (854

5/9/2016

    JPY        2,384,311,373        USD        21,232,229        (3,145
                                    $ (27,019,875

 

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

NOK – Norwegian krone

NZD – New Zealand dollar

SEK – Swedish krona

SGD – Singapore dollar

USD – U.S. dollar

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      99   


Table of Contents

Schedule of Investments

WisdomTree International Hedged SmallCap Dividend Fund (HDLS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
EXCHANGE-TRADED FUND – 99.9%      
United States – 99.9%      

WisdomTree International SmallCap Dividend Fund(a)

     
(Cost: $1,215,760)      19,180       $ 1,129,702   

TOTAL INVESTMENTS IN SECURITIES – 99.9%

(Cost: $1,215,760)

        1,129,702   

Cash, Foreign Currency and Other Assets in Excess of Liabilities – 0.1%

        1,076   
     

 

 

 
NET ASSETS – 100.0%             $ 1,130,778   
(a) 

Affiliated company (See Note 3).

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS  
Settlement
Date
  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/4/2016

    AUD        34,712        USD        24,756      $ (1,946

4/4/2016

    AUD        26,448        USD        18,862        (1,483

4/4/2016

    AUD        34,710        USD        24,756        (1,945

4/4/2016

    AUD        34,712        USD        24,756        (1,946

4/4/2016

    AUD        34,714        USD        24,756        (1,947

4/4/2016

    CHF        3,840        USD        3,861        (148

4/4/2016

    CHF        3,840        USD        3,861        (148

4/4/2016

    CHF        2,929        USD        2,945        (113

4/4/2016

    CHF        3,839        USD        3,861        (148

4/4/2016

    CHF        3,839        USD        3,861        (148

4/4/2016

    DKK        17,865        USD        2,605        (127

4/4/2016

    DKK        13,627        USD        1,987        (97

4/4/2016

    DKK        17,863        USD        2,605        (127

4/4/2016

    DKK        17,863        USD        2,605        (127

4/4/2016

    DKK        17,863        USD        2,605        (127

4/4/2016

    EUR        31,863        USD        34,654        (1,656

4/4/2016

    EUR        41,815        USD        45,479        (2,171

4/4/2016

    EUR        41,816        USD        45,479        (2,173

4/4/2016

    EUR        41,815        USD        45,479        (2,172

4/4/2016

    EUR        41,816        USD        45,479        (2,172

4/4/2016

    GBP        26,198        USD        36,512        (1,143

4/4/2016

    GBP        26,198        USD        36,512        (1,142

4/4/2016

    GBP        19,960        USD        27,819        (869

4/4/2016

    GBP        26,196        USD        36,512        (1,140

4/4/2016

    GBP        26,198        USD        36,512        (1,142

4/4/2016

    ILS        18,380        USD        4,713        (176

4/4/2016

    ILS        14,018        USD        3,595        (134

4/4/2016

    ILS        18,379        USD        4,713        (176

4/4/2016

    ILS        18,376        USD        4,713        (175

4/4/2016

    ILS        18,380        USD        4,713        (176

4/4/2016

    NOK        74,825        USD        8,581        (465

4/4/2016

    NOK        74,821        USD        8,581        (465

4/4/2016

    NOK        57,045        USD        6,542        (355

4/4/2016

    NOK        74,820        USD        8,581        (465

4/4/2016

    NOK        74,826        USD        8,581        (466

4/4/2016

    NZD        16,902        USD        11,121        (614

4/4/2016

    NZD        12,879        USD        8,475        (467

4/4/2016

    NZD        16,900        USD        11,121        (613

4/4/2016

    NZD        16,901        USD        11,121        (613

4/4/2016

    NZD        16,901        USD        11,121        (613

4/4/2016

    SEK        124,510        USD        14,513        (846

4/4/2016

    SEK        124,504        USD        14,513        (845

4/4/2016

    SEK        94,760        USD        11,061        (628

4/4/2016

    SEK        124,502        USD        14,513      $ (845

4/4/2016

    SEK        124,494        USD        14,513        (844

4/4/2016

    USD        24,756        AUD        32,183        1   

4/4/2016

    USD        1,813        AUD        2,365        6   

4/4/2016

    USD        7,437        AUD        9,682        11   

4/4/2016

    USD        18,862        AUD        24,519        (1

4/4/2016

    USD        24,756        AUD        32,182          

4/4/2016

    USD        24,756        AUD        32,183        1   

4/4/2016

    USD        24,756        AUD        32,183        1   

4/4/2016

    USD        3,861        CHF        3,697          

4/4/2016

    USD        702        CHF        675        3   

4/4/2016

    USD        3,861        CHF        3,697          

4/4/2016

    USD        2,945        CHF        2,820          

4/4/2016

    USD        3,861        CHF        3,697          

4/4/2016

    USD        3,861        CHF        3,697          

4/4/2016

    USD        2,605        DKK        17,032          

4/4/2016

    USD        606        DKK        3,965        1   

4/4/2016

    USD        1,987        DKK        12,992          

4/4/2016

    USD        2,605        DKK        17,031          

4/4/2016

    USD        2,605        DKK        17,032          

4/4/2016

    USD        2,605        DKK        17,031          

4/4/2016

    USD        45,479        EUR        39,911        1   

4/4/2016

    USD        2,682        EUR        2,356        3   

4/4/2016

    USD        7,648        EUR        6,715        4   

4/4/2016

    USD        34,654        EUR        30,412        2   

4/4/2016

    USD        45,479        EUR        39,911        1   

4/4/2016

    USD        45,479        EUR        39,912        2   

4/4/2016

    USD        45,479        EUR        39,910        1   

4/4/2016

    USD        36,512        GBP        25,404        1   

4/4/2016

    USD        365        GBP        254          

4/4/2016

    USD        5,061        GBP        3,520        (2

4/4/2016

    USD        27,819        GBP        19,356        1   

4/4/2016

    USD        36,512        GBP        25,404        1   

4/4/2016

    USD        36,512        GBP        25,404        1   

4/4/2016

    USD        36,512        GBP        25,403          

4/4/2016

    USD        4,713        ILS        17,719          

4/4/2016

    USD        837        ILS        3,141        (1

4/4/2016

    USD        4,713        ILS        17,719          

4/4/2016

    USD        4,713        ILS        17,719          

4/4/2016

    USD        4,713        ILS        17,720          

4/4/2016

    USD        3,595        ILS        13,517          

4/4/2016

    USD        8,581        NOK        70,977          

4/4/2016

    USD        2,217        NOK        18,320        (2

4/4/2016

    USD        8,581        NOK        70,976          

4/4/2016

    USD        6,542        NOK        54,116        1   

4/4/2016

    USD        8,581        NOK        70,978          

4/4/2016

    USD        8,581        NOK        70,979        1   

4/4/2016

    USD        11,121        NZD        16,018          

4/4/2016

    USD        2,914        NZD        4,215        12   

4/4/2016

    USD        11,121        NZD        16,018          

4/4/2016

    USD        11,121        NZD        16,018          

4/4/2016

    USD        11,121        NZD        16,018          

4/4/2016

    USD        8,475        NZD        12,207          

4/4/2016

    USD        14,513        SEK        117,655          

4/4/2016

    USD        4,003        SEK        32,485        4   

4/4/2016

    USD        14,513        SEK        117,656        1   

4/4/2016

    USD        11,061        SEK        89,677        1   

4/4/2016

    USD        14,513        SEK        117,653          

4/4/2016

    USD        14,513        SEK        117,654          

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (concluded)

WisdomTree International Hedged SmallCap Dividend Fund (HDLS)

March 31, 2016

 

  

 

 

Settlement
Date
  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/5/2016

    HKD        28,533        USD        3,670      $ (9

4/5/2016

    HKD        37,420        USD        4,813        (11

4/5/2016

    HKD        37,422        USD        4,813        (11

4/5/2016

    HKD        37,423        USD        4,813        (12

4/5/2016

    HKD        37,422        USD        4,813        (12

4/5/2016

    JPY        6,926,407        USD        61,434        (194

4/5/2016

    JPY        5,277,837        USD        46,811        (149

4/5/2016

    JPY        6,926,265        USD        61,434        (193

4/5/2016

    JPY        6,926,474        USD        61,434        (195

4/5/2016

    JPY        6,926,499        USD        61,434        (195

4/5/2016

    SGD        10,880        USD        7,729        (351

4/5/2016

    SGD        10,879        USD        7,729        (350

4/5/2016

    SGD        10,879        USD        7,729        (350

4/5/2016

    SGD        10,878        USD        7,729        (349

4/5/2016

    SGD        8,295        USD        5,893        (267

4/5/2016

    USD        4,813        HKD        37,333          

4/5/2016

    USD        54        HKD        420          

4/5/2016

    USD        4,813        HKD        37,334          

4/5/2016

    USD        3,670        HKD        28,469          

4/5/2016

    USD        4,813        HKD        37,333          

4/5/2016

    USD        4,813        HKD        37,332          

4/5/2016

    USD        61,434        JPY        6,904,425        (1

4/5/2016

    USD        924        JPY        104,000        1   

4/5/2016

    USD        61,434        JPY        6,904,260        (3

4/5/2016

    USD        61,434        JPY        6,904,708        1   

4/5/2016

    USD        46,811        JPY        5,261,256        1   

4/5/2016

    USD        61,434        JPY        6,905,077        4   

4/5/2016

    USD        7,729        SGD        10,408          

4/5/2016

    USD        7,729        SGD        10,408          

4/5/2016

    USD        1,668        SGD        2,247        1   

4/5/2016

    USD        7,729        SGD        10,408          

4/5/2016

    USD        5,893        SGD        7,936        1   

4/5/2016

    USD        7,729        SGD        10,408          

5/3/2016

    AUD        35,543        USD        27,304        (1

5/3/2016

    AUD        35,543        USD        27,304        (1

5/3/2016

    AUD        35,542        USD        27,304          

5/3/2016

    AUD        35,543        USD        27,304        (1

5/3/2016

    AUD        27,081        USD        20,805        1   

5/3/2016

    CHF        3,944        USD        4,124          

5/3/2016

    CHF        3,944        USD        4,124          

5/3/2016

    CHF        3,945        USD        4,124          

5/3/2016

    CHF        3,944        USD        4,124          

5/3/2016

    CHF        3,007        USD        3,144          

5/3/2016

    DKK        18,457        USD        2,825          

5/3/2016

    DKK        14,080        USD        2,155          

5/3/2016

    DKK        18,455        USD        2,825          

5/3/2016

    DKK        18,456        USD        2,825          

5/3/2016

    DKK        18,455        USD        2,825          

5/3/2016

    EUR        41,798        USD        47,670        (2

5/3/2016

    EUR        31,849        USD        36,323        (2

5/3/2016

    EUR        41,800        USD        47,670        (4

5/3/2016

    EUR        41,799        USD        47,670        (2

5/3/2016

    EUR        41,798        USD        47,670        (2

5/3/2016

    ILS        19,346        USD        5,148          

5/3/2016

    ILS        14,748        USD        3,924        (1

5/3/2016

    ILS        19,347        USD        5,148        (1

5/3/2016

    ILS        19,348        USD        5,148        (1

5/3/2016

    ILS        19,347        USD        5,148        (1

5/3/2016

    NOK        73,390        USD        8,871      $ (1

5/3/2016

    NOK        73,387        USD        8,871          

5/3/2016

    NOK        73,384        USD        8,871          

5/3/2016

    NOK        55,952        USD        6,763        (1

5/3/2016

    NOK        73,388        USD        8,871          

5/3/2016

    NZD        17,518        USD        12,143          

5/3/2016

    NZD        13,347        USD        9,252          

5/3/2016

    NZD        17,517        USD        12,143          

5/3/2016

    NZD        17,517        USD        12,143          

5/3/2016

    NZD        17,517        USD        12,143          

5/3/2016

    SEK        123,830        USD        15,290        (1

5/3/2016

    SEK        123,833        USD        15,290        (1

5/3/2016

    SEK        94,373        USD        11,652        (1

5/3/2016

    SEK        123,829        USD        15,290          

5/3/2016

    SEK        123,825        USD        15,290          

5/4/2016

    GBP        26,570        USD        38,191        (2

5/4/2016

    GBP        26,569        USD        38,191          

5/4/2016

    GBP        26,570        USD        38,191        (2

5/4/2016

    GBP        20,245        USD        29,099        (2

5/4/2016

    GBP        26,570        USD        38,191        (2

5/4/2016

    HKD        37,993        USD        4,899          

5/4/2016

    HKD        37,994        USD        4,899          

5/4/2016

    HKD        28,976        USD        3,736        (1

5/4/2016

    HKD        37,991        USD        4,899          

5/4/2016

    HKD        37,997        USD        4,899        (1

5/5/2016

    SGD        11,361        USD        8,434        (2

5/5/2016

    SGD        11,360        USD        8,434        (1

5/5/2016

    SGD        11,360        USD        8,434        (2

5/5/2016

    SGD        8,656        USD        6,426        (2

5/5/2016

    SGD        11,361        USD        8,434        (2

5/9/2016

    JPY        7,217,260        USD        64,273        (6

5/9/2016

    JPY        5,498,885        USD        48,971        (4

5/9/2016

    JPY        7,217,433        USD        64,273        (8

5/9/2016

    JPY        7,217,343        USD        64,273        (7

5/9/2016

    JPY        7,217,652        USD        64,273        (9
                                    $ (39,001

 

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

NOK

  – Norwegian krone

NZD

  – New Zealand dollar

SEK

  – Swedish krona

SGD

  – Singapore dollar

USD

  – U.S. dollar

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      101   


Table of Contents

Schedule of Investments

WisdomTree International High Dividend Fund (DTH)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.3%      
Australia – 11.4%      

Adelaide Brighton Ltd.

     50,787       $ 198,074   

AGL Energy Ltd.

     21,271         301,074   

ALS Ltd.

     15,467         47,473   

Amcor Ltd.

     45,036         497,140   

AMP Ltd.

     100,117         445,917   

ASX Ltd.

     10,184         324,564   

Aurizon Holdings Ltd.

     67,164         204,597   

Australia & New Zealand Banking Group Ltd.

     122,252         2,206,233   

Bank of Queensland Ltd.

     22,871         213,233   

Bendigo & Adelaide Bank Ltd.

     31,079         212,060   

BHP Billiton Ltd.

     160,364         2,079,849   

Brickworks Ltd.

     15,368         187,258   

Cabcharge Australia Ltd.(a)

     32,518         81,047   

Cardno Ltd.

     14,205         12,238   

CIMIC Group Ltd.

     18,378         491,411   

Coca-Cola Amatil Ltd.

     43,368         294,910   

Commonwealth Bank of Australia

     62,954         3,628,177   

DuluxGroup Ltd.

     28,783         139,047   

Fairfax Media Ltd.

     159,722         105,665   

Flight Centre Travel Group Ltd.(a)

     4,565         151,808   

Fortescue Metals Group Ltd.(a)

     170,571         334,590   

Harvey Norman Holdings Ltd.

     28,160         101,812   

Incitec Pivot Ltd.

     75,019         184,090   

Insurance Australia Group Ltd.

     133,792         574,291   

IOOF Holdings Ltd.(a)

     15,835         108,046   

JB Hi-Fi Ltd.

     7,446         135,062   

LendLease Group

     20,121         214,681   

Macquarie Group Ltd.

     10,564         537,071   

McMillan Shakespeare Ltd.(a)

     7,501         72,069   

Mineral Resources Ltd.(a)

     17,609         81,410   

National Australia Bank Ltd.

     118,191         2,385,699   

New Hope Corp., Ltd.

     12,367         12,462   

Orica Ltd.

     19,468         230,177   

Origin Energy Ltd.

     55,106         215,766   

Platinum Asset Management Ltd.

     20,262         98,974   

Primary Health Care Ltd.

     39,962         115,278   

Programmed Maintenance Services Ltd.

     45,153         51,406   

Rio Tinto Ltd.

     21,573         708,442   

SAI Global Ltd.

     40,263         116,766   

Santos Ltd.

     57,606         178,583   

Seven Group Holdings Ltd.(a)

     25,988         109,152   

Seven West Media Ltd.

     149,020         118,073   

Sonic Healthcare Ltd.

     16,570         239,379   

Suncorp Group Ltd.

     54,600         500,232   

Super Retail Group Ltd.(a)

     12,721         83,765   

Tabcorp Holdings Ltd.

     44,911         147,864   

Tatts Group Ltd.

     85,515         248,657   

Telstra Corp., Ltd.

     562,488         2,306,258   

Wesfarmers Ltd.

     52,669         1,679,372   

Westpac Banking Corp.

     139,777         3,263,336   

Woodside Petroleum Ltd.

     71,230         1,422,443   

Woolworths Ltd.

     60,835         1,034,220   
     

 

 

 
Total Australia               29,431,201   
Austria – 0.4%      

EVN AG

     13,595       156,471   

Oesterreichische Post AG

     3,455         140,674   

OMV AG

     17,187         484,250   

UNIQA Insurance Group AG

     16,174         113,849   

Vienna Insurance Group AG Wiener Versicherung Gruppe

     4,230         89,658   
     

 

 

 
Total Austria               984,902   
Belgium – 0.7%      

Ageas

     5,891         234,086   

Bekaert S.A.

     4,171         169,708   

bpost S.A.

     8,126         226,083   

Cofinimmo S.A.

     1,193         146,620   

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

     2,658         132,410   

EVS Broadcast Equipment S.A.

     3,076         113,868   

Exmar N.V.(a)

     5,467         45,964   

Proximus SADP

     18,791         643,148   
     

 

 

 
Total Belgium               1,711,887   
China – 3.9%      

China Jinmao Holdings Group Ltd.

     280,000         77,973   

China Mobile Ltd.

     572,000         6,375,180   

China Power International Development Ltd.

     259,000         134,232   

China Resources Power Holdings Co., Ltd.

     160,000         299,102   

China South City Holdings Ltd.(a)

     300,000         61,883   

CNOOC Ltd.

     2,160,000         2,550,825   

Dah Chong Hong Holdings Ltd.

     201,000         81,887   

Shanghai Industrial Holdings Ltd.

     45,000         106,052   

Shenzhen Investment Ltd.

     312,000         123,890   

Sino-Ocean Land Holdings Ltd.

     256,000         121,126   

Yuexiu Property Co., Ltd.

     782,000         112,916   
     

 

 

 
Total China               10,045,066   
Denmark – 0.2%      

TDC A/S

     50,400         247,068   

Tryg A/S

     14,247         276,967   
     

 

 

 
Total Denmark               524,035   
Finland – 1.9%      

Elisa Oyj(a)

     11,571         450,557   

Fortum Oyj(a)

     55,067         835,224   

Kemira Oyj

     8,391         93,803   

Kesko Oyj Class B

     4,167         184,290   

Kone Oyj Class B

     13,832         667,689   

Metso Oyj(a)

     6,465         154,490   

Neste Oyj(a)

     7,675         252,936   

Nokian Renkaat Oyj(a)

     5,908         208,841   

Orion Oyj Class B

     6,909         228,715   

Ramirent Oyj

     3,895         25,522   

Sampo Oyj Class A

     18,181         864,776   

Stora Enso Oyj Class R

     23,632         211,803   

Tikkurila Oyj

     3,499         63,637   

UPM-Kymmene Oyj

     33,371         605,405   
     

 

 

 
Total Finland               4,847,688   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree International High Dividend Fund (DTH)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
France – 9.9%      

AXA S.A.

     75,712       $ 1,785,085   

BNP Paribas S.A.

     25,993         1,310,107   

Bourbon S.A.(a)

     7,035         105,340   

Bouygues S.A.

     14,744         602,335   

Casino Guichard Perrachon S.A.(a)

     3,985         228,781   

Cie de Saint-Gobain

     18,795         829,513   

CNP Assurances

     30,193         471,540   

Edenred

     6,682         129,979   

Electricite de France S.A.

     104,935         1,179,525   

Engie S.A.

     138,081         2,146,258   

Eutelsat Communications S.A.

     6,651         215,172   

Klepierre

     8,842         424,196   

Lagardere SCA

     3,473         92,411   

Metropole Television S.A.

     8,175         149,286   

Natixis S.A.

     67,607         333,359   

Neopost S.A.

     3,106         65,374   

Nexity S.A.

     3,590         187,347   

Orange S.A.

     111,996         1,964,788   

Rallye S.A.(a)

     5,457         94,895   

Rexel S.A.

     13,594         194,490   

Sanofi

     40,797         3,294,298   

SCOR SE

     3,306         117,541   

Suez Environnement Co.

     25,408         466,734   

Technip S.A.

     3,846         213,482   

TOTAL S.A.

     125,247         5,717,575   

Veolia Environnement S.A.

     16,696         402,779   

Vinci S.A.

     21,995         1,640,967   

Vivendi S.A.

     57,275         1,206,148   
     

 

 

 
Total France               25,569,305   
Germany – 8.5%      

Allianz SE Registered Shares

     15,118         2,462,703   

Axel Springer SE

     3,984         215,058   

BASF SE

     28,960         2,187,992   

Bayerische Motoren Werke AG

     16,007         1,472,031   

Comdirect Bank AG

     9,974         111,863   

Daimler AG Registered Shares

     32,395         2,487,013   

Deutsche Boerse AG

     5,960         509,311   

Deutsche Post AG Registered Shares

     38,117         1,060,713   

Deutsche Telekom AG Registered Shares

     144,982         2,606,256   

Drillisch AG(a)

     3,478         142,859   

E.ON SE

     71,389         686,443   

Evonik Industries AG

     14,203         426,719   

Freenet AG

     9,616         288,084   

Hannover Rueck SE

     5,231         610,405   

Hugo Boss AG

     2,625         172,420   

K+S AG Registered Shares

     5,166         121,064   

MAN SE

     3,898         422,520   

Muenchener Rueckversicherungs – Gesellschaft AG Registered Shares

     6,036         1,229,501   

ProSiebenSat.1 Media SE

     7,062         363,627   

Siemens AG Registered Shares

     28,182         2,991,495   

Suedzucker AG

     10,902         192,500   

Talanx AG*

     9,761       333,806   

Telefonica Deutschland Holding AG

     138,921         753,702   
     

 

 

 
Total Germany               21,848,085   
Hong Kong – 2.4%      

Bank of East Asia Ltd. (The)(a)

     37,800         141,326   

BOC Hong Kong Holdings Ltd.

     307,547         917,897   

CLP Holdings Ltd.

     109,500         990,315   

Hang Lung Properties Ltd.

     96,000         183,422   

Hang Seng Bank Ltd.

     60,618         1,071,446   

Hopewell Holdings Ltd.

     46,000         148,558   

Hysan Development Co., Ltd.

     34,000         144,871   

Kowloon Development Co., Ltd.

     24,000         22,433   

New World Development Co., Ltd.

     224,666         214,049   

PCCW Ltd.

     320,380         207,348   

Power Assets Holdings Ltd.

     83,518         854,394   

Sino Land Co., Ltd.

     172,000         272,307   

SJM Holdings Ltd.

     466,000         332,833   

Swire Pacific Ltd. Class B

     80,000         155,946   

Television Broadcasts Ltd.

     29,300         105,391   

Wharf Holdings Ltd. (The)

     69,000         377,178   
     

 

 

 
Total Hong Kong               6,139,714   
Israel – 0.6%      

Bezeq Israeli Telecommunication Corp., Ltd.

     329,759         743,372   

Delek Automotive Systems Ltd.

     17,567         169,806   

Gazit-Globe Ltd.

     10,444         95,259   

Harel Insurance Investments & Financial Services Ltd.

     21,907         83,619   

Israel Chemicals Ltd.

     41,584         180,848   

Matrix IT Ltd.

     10,764         68,859   

Migdal Insurance & Financial Holding Ltd.

     119,643         83,061   

Phoenix Holdings Ltd. (The)*

     7,014         17,873   

Sella Capital Real Estate Ltd.

     23,605         37,107   

Shikun & Binui Ltd.

     25,429         45,115   
     

 

 

 
Total Israel               1,524,919   
Italy – 3.9%      

ACEA SpA

     14,557         223,114   

Assicurazioni Generali SpA

     37,717         560,035   

Atlantia SpA

     32,668         907,218   

Azimut Holding SpA

     3,791         87,481   

Banca Generali SpA

     4,981         146,727   

Banca Mediolanum SpA

     21,781         173,992   

Enel SpA

     308,431         1,370,041   

Eni SpA

     240,658         3,647,418   

ERG SpA

     12,528         170,744   

Hera SpA

     75,901         227,131   

MARR SpA

     3,585         72,310   

Snam SpA

     203,285         1,275,253   

Societa Iniziative Autostradali e Servizi SpA

     21,954         225,159   

Telecom Italia SpA RSP

     229,611         201,473   

Terna Rete Elettrica Nazionale SpA

     101,605         580,657   

Unipol Gruppo Finanziario SpA

     20,684         83,816   
     

 

 

 
Total Italy               9,952,569   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      103   


Table of Contents

Schedule of Investments (continued)

WisdomTree International High Dividend Fund (DTH)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Japan – 4.3%      

Aozora Bank Ltd.

     62,000       $ 216,789   

Asahi Holdings, Inc.(a)

     3,100         41,813   

Benesse Holdings, Inc.(a)

     2,600         74,950   

Canon, Inc.

     46,400         1,385,044   

Daihatsu Motor Co., Ltd.(a)

     12,500         176,387   

Daito Trust Construction Co., Ltd.

     2,200         312,790   

Daiwa Securities Group, Inc.

     61,000         375,731   

Dynam Japan Holdings Co., Ltd.

     60,000         86,482   

Fuji Corp., Ltd.(a)

     9,600         58,423   

Idec Corp.

     6,900         65,688   

ITOCHU Corp.

     55,200         680,699   

Japan Pulp & Paper Co., Ltd.(a)

     25,000         71,622   

JX Holdings, Inc.(a)

     74,100         285,997   

Marubeni Corp.(a)

     59,400         301,241   

Matsui Securities Co., Ltd.

     7,000         59,727   

Max Co., Ltd.

     7,000         71,996   

Mitsui & Co., Ltd.

     62,000         714,356   

Mizuho Financial Group, Inc.

     521,400         779,815   

Nippon Road Co., Ltd. (The)(a)

     14,000         65,145   

Nippon Valqua Industries Ltd.

     25,000         65,617   

NTT DOCOMO, Inc.

     120,300         2,732,023   

Ryoden Trading Co., Ltd.(a)

     9,000         52,849   

Sankyo Co., Ltd.

     4,700         175,212   

Sanoh Industrial Co., Ltd.

     7,200         39,397   

Shinko Plantech Co., Ltd.

     6,800         51,849   

Showa Shell Sekiyu K.K.

     14,200         127,604   

Space Co., Ltd.

     6,700         81,071   

Sumitomo Corp.

     41,400         411,993   

Systena Corp.

     6,800         115,799   

Takaoka Toko Co., Ltd.(a)

     5,300         73,703   

Takeda Pharmaceutical Co., Ltd.

     22,300         1,019,020   

TonenGeneral Sekiyu K.K.

     19,000         172,090   
     

 

 

 
Total Japan               10,942,922   
Netherlands – 0.8%      

Aegon N.V.

     53,611         295,321   

Boskalis Westminster

     5,246         206,513   

Koninklijke Ahold N.V.

     28,559         643,403   

Koninklijke DSM N.V.

     4,110         226,380   

Koninklijke Philips N.V.

     27,737         791,299   
     

 

 

 
Total Netherlands               2,162,916   
New Zealand – 1.0%      

Air New Zealand Ltd.

     90,348         179,404   

Auckland International Airport Ltd.

     78,894         352,210   

Contact Energy Ltd.

     38,641         134,142   

Fisher & Paykel Healthcare Corp., Ltd.

     42,527         289,359   

Fletcher Building Ltd.

     26,077         142,850   

Genesis Energy Ltd.(a)

     129,657         184,543   

Mighty River Power Ltd.

     118,356         239,950   

Nuplex Industries Ltd.

     20,024         72,294   

SKY Network Television Ltd.

     33,340         115,277   

SKYCITY Entertainment Group Ltd.

     39,651         137,924   

Spark New Zealand Ltd.

     202,647         513,547   

Trade Me Group Ltd.

     30,934       94,715   

Vector Ltd.

     103,832         236,457   
     

 

 

 
Total New Zealand               2,692,672   
Norway – 1.9%      

Aker ASA Class A

     6,045         112,916   

Austevoll Seafood ASA

     22,971         188,850   

Gjensidige Forsikring ASA

     27,052         461,483   

Marine Harvest ASA*

     22,776         351,088   

Ocean Yield ASA(a)

     11,706         78,547   

Orkla ASA

     46,739         423,526   

Salmar ASA

     11,658         286,120   

Statoil ASA

     154,755         2,437,912   

TGS Nopec Geophysical Co. ASA

     5,671         86,595   

Yara International ASA

     11,586         436,195   
     

 

 

 
Total Norway               4,863,232   
Portugal – 0.5%      

EDP-Energias de Portugal S.A.

     210,322         749,216   

Galp Energia, SGPS, S.A.

     28,367         357,198   

Portucel S.A.

     60,916         222,134   
     

 

 

 
Total Portugal               1,328,548   
Singapore – 3.0%      

Asian Pay Television Trust

     349,100         145,177   

DBS Group Holdings Ltd.

     42,900         489,976   

Frasers Centrepoint Ltd.

     98,500         119,230   

Hutchison Port Holdings Trust

     640,223         320,112   

Jardine Cycle & Carriage Ltd.

     9,844         292,630   

Keppel Corp., Ltd.(a)

     89,900         389,215   

M1 Ltd.(a)

     61,800         119,323   

Olam International Ltd.

     76,900         98,224   

Oversea-Chinese Banking Corp., Ltd.

     85,847         563,558   

Pacc Offshore Services Holdings Ltd.

     97,300         26,012   

Religare Health Trust

     75,800         55,164   

SATS Ltd.

     80,800         237,012   

Sembcorp Industries Ltd.

     87,500         196,235   

Sembcorp Marine Ltd.(a)

     116,100         142,258   

SIA Engineering Co., Ltd.

     59,200         158,265   

Singapore Airlines Ltd.

     47,600         403,677   

Singapore Exchange Ltd.

     35,400         208,993   

Singapore Post Ltd.

     215,800         262,018   

Singapore Press Holdings Ltd.(a)

     91,600         272,093   

Singapore Technologies Engineering Ltd.

     139,000         333,410   

Singapore Telecommunications Ltd.

     628,400         1,782,629   

StarHub Ltd.

     89,600         222,902   

United Engineers Ltd.

     21,600         37,535   

United Overseas Bank Ltd.

     33,600         470,839   

Venture Corp., Ltd.

     39,400         244,604   

Wing Tai Holdings Ltd.

     47,700         62,344   
     

 

 

 
Total Singapore               7,653,435   
Spain – 5.3%      

Abertis Infraestructuras S.A.

     42,781         704,453   

Acerinox S.A.(a)

     8,101         93,977   

ACS Actividades de Construccion y Servicios S.A.

     16,931         505,303   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree International High Dividend Fund (DTH)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Banco Bilbao Vizcaya Argentaria S.A.

     205,080       $ 1,365,270   

Banco Santander S.A.

     858,240         3,788,802   

Bolsas y Mercados Espanoles SHMSF S.A.(a)

     6,913         223,333   

CaixaBank S.A.

     214,820         635,741   

Enagas S.A.

     11,707         352,395   

Ferrovial S.A.

     19,290         415,129   

Gas Natural SDG S.A.

     48,496         982,035   

Mapfre S.A.

     85,997         186,098   

Red Electrica Corp. S.A.

     5,959         518,121   

Repsol S.A.

     79,304         896,479   

Tecnicas Reunidas S.A.(a)

     2,331         65,677   

Telefonica S.A.

     254,638         2,858,783   
     

 

 

 
Total Spain               13,591,596   
Sweden – 4.0%      

Atlas Copco AB Class B

     10,743         253,643   

Axfood AB

     11,660         215,747   

Bilia AB Class A

     8,189         183,848   

Castellum AB

     14,464         230,341   

Elekta AB Class B(a)

     13,207         98,808   

Fabege AB

     20,333         343,870   

Hennes & Mauritz AB Class B

     49,251         1,644,596   

ICA Gruppen AB

     6,662         220,733   

Mekonomen AB

     4,304         106,715   

Modern Times Group MTG AB Class B

     2,386         71,580   

Nordea Bank AB

     155,111         1,492,427   

Peab AB

     38,569         341,363   

Sandvik AB

     40,737         422,109   

Skanska AB Class B

     18,583         424,763   

SKF AB Class B(a)

     10,900         197,113   

Svenska Handelsbanken AB Class A

     45,839         584,105   

Swedbank AB Class A

     44,783         966,182   

Swedish Match AB

     4,154         141,222   

Tele2 AB Class B

     12,802         118,913   

Telefonaktiebolaget LM Ericsson Class B

     103,912         1,042,106   

TeliaSonera AB

     234,318         1,218,892   
     

 

 

 
Total Sweden               10,319,076   
Switzerland – 9.1%      

ABB Ltd. Registered Shares*

     69,029         1,350,810   

Baloise Holding AG Registered Shares

     2,374         302,932   

BKW AG(a)

     3,404         143,603   

Givaudan S.A. Registered Shares

     242         476,596   

Kuehne + Nagel International AG Registered Shares

     5,508         786,241   

Nestle S.A. Registered Shares

     97,812         7,338,581   

Novartis AG Registered Shares

     73,842         5,374,393   

Partners Group Holding AG

     639         257,896   

Roche Holding AG Bearer Shares

     4,567         1,151,705   

SGS S.A. Registered Shares

     286         606,852   

STMicroelectronics N.V.

     40,015         222,159   

Sulzer AG Registered Shares(a)

     1,554         154,970   

Swiss Re AG

     26,547         2,464,396   

Swisscom AG Registered Shares

     2,319         1,265,261   

Zurich Insurance Group AG*

     7,089         1,652,977   
     

 

 

 
Total Switzerland               23,549,372   
United Kingdom – 25.6%      

Aberdeen Asset Management PLC

     37,385       149,057   

Admiral Group PLC

     8,956         255,261   

Amec Foster Wheeler PLC

     17,698         114,468   

Ashmore Group PLC(a)

     25,943         107,240   

AstraZeneca PLC

     48,126         2,699,418   

Aviva PLC

     81,526         534,446   

BAE Systems PLC

     158,429         1,159,044   

BBA Aviation PLC

     57,402         165,338   

Berendsen PLC

     11,707         202,422   

Berkeley Group Holdings PLC

     6,787         313,914   

BHP Billiton PLC

     111,848         1,258,422   

BP PLC

     1,090,034         5,485,820   

British American Tobacco PLC

     79,690         4,684,622   

British Land Co. PLC (The)

     22,982         231,389   

Cable & Wireless Communications PLC

     190,186         210,619   

Carillion PLC

     33,483         141,536   

Centrica PLC

     238,622         780,946   

Cobham PLC

     38,296         119,498   

Dairy Crest Group PLC

     11,203         99,591   

De La Rue PLC

     9,424         60,547   

Debenhams PLC

     97,763         105,667   

Devro PLC

     1,902         8,044   

Diageo PLC

     64,006         1,730,901   

Direct Line Insurance Group PLC

     47,504         252,763   

DS Smith PLC

     14,134         82,884   

easyJet PLC

     7,718         168,504   

Electrocomponents PLC

     30,344         105,283   

Evraz PLC*

     54,711         70,773   

G4S PLC

     56,231         154,044   

GlaxoSmithKline PLC

     273,877         5,558,245   

Greene King PLC

     12,641         158,342   

Halfords Group PLC

     20,498         116,698   

HSBC Holdings PLC

     714,327         4,454,861   

ICAP PLC

     38,671         263,902   

IG Group Holdings PLC

     14,795         170,119   

Imperial Brands PLC

     44,873         2,491,479   

Inmarsat PLC

     13,764         194,764   

Interserve PLC

     17,114         106,706   

Intu Properties PLC(a)

     20,611         92,724   

Investec PLC

     33,615         247,614   

J Sainsbury PLC(a)

     97,358         386,634   

Kier Group PLC

     10,018         185,025   

Kingfisher PLC

     49,900         270,174   

Ladbrokes PLC

     62,517         104,862   

Laird PLC

     28,605         156,644   

Legal & General Group PLC

     215,571         728,744   

Man Group PLC

     68,654         150,481   

Marks & Spencer Group PLC

     60,562         353,580   

Marston’s PLC

     35,666         77,919   

Meggitt PLC

     19,551         114,257   

Melrose Industries PLC

     4,009         20,542   

Moneysupermarket.com Group PLC

     17,790         81,235   

N Brown Group PLC

     11,154         52,391   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      105   


Table of Contents

Schedule of Investments (concluded)

WisdomTree International High Dividend Fund (DTH)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

National Grid PLC

     183,064       $ 2,597,500   

Next PLC

     2,990         232,066   

Old Mutual PLC

     168,114         466,588   

Pearson PLC

     34,987         440,010   

Pennon Group PLC

     18,071         210,645   

Persimmon PLC

     14,834         444,541   

Premier Farnell PLC

     38,599         62,552   

RELX N.V.

     39,711         694,403   

Rexam PLC

     25,304         230,582   

Rio Tinto PLC

     58,822         1,653,275   

Royal Dutch Shell PLC Class A

     209,232         5,064,279   

Royal Mail PLC

     31,316         216,365   

SABMiller PLC

     47,405         2,899,834   

Segro PLC

     39,876         235,158   

Severn Trent PLC

     10,810         337,624   

Sky PLC

     51,487         757,783   

Smiths Group PLC

     11,315         174,990   

Soco International PLC

     27,795         63,320   

SSE PLC

     51,935         1,113,721   

Standard Life PLC

     60,935         311,879   

TalkTalk Telecom Group PLC(a)

     33,942         115,669   

Tate & Lyle PLC

     23,719         197,048   

Taylor Wimpey PLC

     133,000         363,779   

Unilever N.V. CVA

     51,869         2,327,943   

Unilever PLC

     39,741         1,800,700   

United Utilities Group PLC

     33,713         447,246   

Vodafone Group PLC

     1,229,005         3,907,385   

William Hill PLC

     28,564         134,250   

WM Morrison Supermarkets PLC(a)

     160,081         457,178   
     

 

 

 
Total United Kingdom               65,948,716   

TOTAL COMMON STOCKS

(Cost: $284,273,674)

              255,631,856   
EXCHANGE-TRADED FUND – 0.0%      
United States – 0.0%      

WisdomTree International LargeCap Dividend Fund(b)

     

(Cost: $6,242)

     150         6,281   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.0%   
United States – 2.0%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

     

(Cost: $5,100,091)(d)

     5,100,091         5,100,091   

TOTAL INVESTMENTS IN SECURITIES – 101.3%

(Cost: $289,380,007)

        260,738,228   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (1.3)%

        (3,271,532
     

 

 

 
NET ASSETS – 100.0%             $ 257,466,696   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Affiliated company (See Note 3).

 

(c) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(d) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $6,611,170 and the total market value of the collateral held by the Fund was $7,064,308. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $1,964,217.

CVA – Certificaten Van Aandelen (Certificate of Stock)

RSP – Risparmio Italian Savings Shares

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS  

Settlement

Date

       Contracts
To Deliver
           In
Exchange For
    Unrealized
Gain (Loss)
 
4/4/2016   GBP     25,520        USD        36,705      $ 25   
4/4/2016   NZD     34,128        USD        23,619        (76
4/5/2016   HKD     216,232        USD        27,880        2   
                                $ (49

 

 

CURRENCY LEGEND

GBP

  – British pound

HKD

  – Hong Kong dollar

NZD

  – New Zealand dollar

USD

  – U.S. dollar

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments

WisdomTree International LargeCap Dividend Fund (DOL)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.1%      
Australia – 7.6%      

AMP Ltd.

     130,336       $ 580,511   

Australia & New Zealand Banking Group Ltd.

     150,037         2,707,658   

BHP Billiton Ltd.

     180,217         2,337,333   

Brambles Ltd.

     54,278         506,050   

Commonwealth Bank of Australia

     80,355         4,631,035   

CSL Ltd.

     10,347         807,404   

Macquarie Group Ltd.

     15,245         775,051   

National Australia Bank Ltd.

     146,565         2,958,431   

QBE Insurance Group Ltd.

     36,793         308,786   

Rio Tinto Ltd.

     22,366         734,483   

Telstra Corp., Ltd.

     692,282         2,838,426   

Wesfarmers Ltd.

     57,205         1,824,004   

Westpac Banking Corp.

     174,296         4,069,241   

Woodside Petroleum Ltd.

     78,853         1,574,673   

Woolworths Ltd.

     67,949         1,155,162   
     

 

 

 
Total Australia               27,808,248   
Belgium – 1.8%      

Anheuser-Busch InBev N.V.

     52,110         6,487,481   
China – 3.3%      

China Mobile Ltd.

     668,986         7,456,129   

China Overseas Land & Investment Ltd.

     204,000         645,674   

China Unicom Hong Kong Ltd.

     603,522         796,754   

CITIC Ltd.

     94,273         143,417   

CNOOC Ltd.

     2,509,529         2,963,597   
     

 

 

 
Total China               12,005,571   
Denmark – 1.1%      

AP Moeller – Maersk A/S Class B

     302         396,788   

Coloplast A/S Class B

     7,671         582,193   

Danske Bank A/S

     30,971         876,366   

Novo Nordisk A/S Class B

     40,274         2,188,044   
     

 

 

 
Total Denmark               4,043,391   
Finland – 1.0%      

Fortum Oyj(a)

     66,494         1,008,542   

Kone Oyj Class B

     21,565         1,040,972   

Nokia Oyj

     77,285         460,167   

Sampo Oyj Class A

     26,557         1,263,179   
     

 

 

 
Total Finland               3,772,860   
France – 11.3%      

Air Liquide S.A.

     9,230         1,040,130   

Airbus Group SE

     17,554         1,167,214   

AXA S.A.

     95,008         2,240,032   

BNP Paribas S.A.

     31,415         1,583,389   

Carrefour S.A.

     19,133         527,197   

Christian Dior SE

     3,361         610,507   

Cie de Saint-Gobain

     19,271         850,521   

Cie Generale des Etablissements Michelin

     5,450         558,515   

Credit Agricole S.A.

     66,603         722,392   

Danone S.A.

     17,534         1,249,005   

Electricite de France S.A.(a)

     120,200         1,351,111   

Engie S.A.

     149,097         2,317,485   

Essilor International S.A.

     3,419       $ 422,924   

Kering

     3,471         621,390   

Klepierre

     4,921         236,085   

L’Oreal S.A.

     10,119         1,815,573   

Legrand S.A.

     7,861         441,137   

LVMH Moet Hennessy Louis Vuitton SE

     11,148         1,911,908   

Natixis S.A.

     109,870         541,751   

Orange S.A.

     127,633         2,239,114   

Pernod Ricard S.A.

     4,841         540,623   

Publicis Groupe S.A.

     5,579         392,325   

Renault S.A.

     6,846         681,215   

Safran S.A.

     10,554         739,409   

Sanofi

     45,744         3,693,762   

Schneider Electric SE

     19,341         1,224,104   

Societe Generale S.A.

     21,427         793,069   

Sodexo S.A.

     4,649         501,911   

TOTAL S.A.(a)

     144,125         6,579,363   

Unibail-Rodamco SE(a)

     2,330         642,016   

Vinci S.A.

     22,700         1,693,565   

Vivendi S.A.

     67,125         1,413,578   
     

 

 

 
Total France               41,342,320   
Germany – 8.6%      

adidas AG

     5,871         689,101   

Allianz SE Registered Shares

     20,661         3,365,651   

BASF SE

     35,031         2,646,669   

Bayer AG Registered Shares

     16,520         1,944,661   

Bayerische Motoren Werke AG

     19,352         1,779,643   

Continental AG

     3,872         882,468   

Daimler AG Registered Shares

     35,084         2,693,452   

Deutsche Boerse AG

     8,039         686,972   

Deutsche Post AG Registered Shares

     45,933         1,278,215   

Deutsche Telekom AG Registered Shares

     169,498         3,046,965   

E.ON SE

     88,897         854,792   

Evonik Industries AG

     18,225         547,556   

Fresenius Medical Care AG & Co. KGaA

     5,979         530,353   

Linde AG

     4,646         677,942   

MAN SE

     6,113         662,613   

Merck KGaA

     6,590         550,532   

Muenchener Rueckversicherungs—Gesellschaft AG Registered Shares

     7,679         1,564,171   

SAP SE

     25,109         2,034,382   

Siemens AG Registered Shares

     34,042         3,613,529   

Telefonica Deutschland Holding AG

     52,323         283,873   

Volkswagen AG

     7,166         1,041,576   
     

 

 

 
Total Germany               31,375,116   
Hong Kong – 2.7%      

AIA Group Ltd.

     127,400         721,871   

BOC Hong Kong Holdings Ltd.

     373,215         1,113,888   

CLP Holdings Ltd.

     113,500         1,026,491   

Hang Lung Properties Ltd.

     163,000         311,435   

Hang Seng Bank Ltd.

     71,295         1,260,167   

Henderson Land Development Co., Ltd.

     75,709         465,095   

Hong Kong & China Gas Co., Ltd.

     277,100         518,007   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      107   


Table of Contents

Schedule of Investments (continued)

WisdomTree International LargeCap Dividend Fund (DOL)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Hong Kong Exchanges and Clearing Ltd.

     18,100       $ 435,900   

MTR Corp., Ltd.

     196,000         970,328   

Power Assets Holdings Ltd.

     90,500         925,821   

Sun Hung Kai Properties Ltd.

     75,442         922,533   

Swire Properties Ltd.

     172,200         465,102   

Wharf Holdings Ltd. (The)

     113,000         617,697   
     

 

 

 
Total Hong Kong               9,754,335   
Ireland – 0.1%      

CRH PLC

     15,289         432,603   
Israel – 0.3%      

Teva Pharmaceutical Industries Ltd.

     23,798         1,283,111   
Italy – 2.9%      

Assicurazioni Generali SpA

     47,679         707,954   

Atlantia SpA

     35,314         980,700   

Enel SpA

     334,670         1,486,593   

Eni SpA

     271,581         4,116,087   

Intesa Sanpaolo SpA

     343,353         952,347   

Luxottica Group SpA

     13,624         752,974   

Snam SpA

     217,227         1,362,714   

UniCredit SpA

     106,804         385,816   
     

 

 

 
Total Italy               10,745,185   
Japan – 11.3%      

Astellas Pharma, Inc.

     52,600         700,350   

Bridgestone Corp.

     24,800         927,835   

Canon, Inc.

     61,300         1,829,810   

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

     19,600         237,599   

Daiwa Securities Group, Inc.

     65,000         400,369   

Denso Corp.

     19,100         768,792   

East Japan Railway Co.

     6,300         544,436   

Eisai Co., Ltd.

     6,200         373,451   

FANUC Corp.

     6,700         1,042,302   

Fast Retailing Co., Ltd.

     1,000         320,477   

Fuji Heavy Industries Ltd.

     15,500         548,178   

Hitachi Ltd.

     97,000         454,470   

Honda Motor Co., Ltd.

     43,000         1,180,640   

Hoya Corp.

     12,400         472,302   

ITOCHU Corp.

     56,100         691,798   

Japan Tobacco, Inc.

     54,309         2,266,197   

Kao Corp.

     11,200         598,190   

KDDI Corp.

     63,900         1,709,003   

Komatsu Ltd.

     28,100         479,021   

Kubota Corp.

     25,000         341,763   

Kyocera Corp.

     10,700         471,906   

Mitsubishi Corp.

     50,700         859,773   

Mitsubishi Electric Corp.

     46,000         482,735   

Mitsubishi Heavy Industries Ltd.

     65,000         241,795   

Mitsubishi UFJ Financial Group, Inc.

     301,100         1,397,070   

Mitsui & Co., Ltd.

     77,600         894,097   

Mizuho Financial Group, Inc.

     721,498         1,079,085   

MS&AD Insurance Group Holdings, Inc.

     16,600         463,166   

Murata Manufacturing Co., Ltd.

     3,400         410,499   

Nippon Steel & Sumitomo Metal Corp.

     22,200         427,033   

Nippon Telegraph & Telephone Corp.

     55,600       2,398,228   

Nissan Motor Co., Ltd.

     136,400         1,263,941   

Nomura Holdings, Inc.

     102,000         456,389   

NTT DOCOMO, Inc.

     142,400         3,233,916   

Panasonic Corp.

     37,900         348,500   

Seven & I Holdings Co., Ltd.

     16,400         699,220   

Shin-Etsu Chemical Co., Ltd.

     9,600         497,446   

SoftBank Group Corp.

     7,600         362,842   

Sumitomo Corp.

     54,000         537,382   

Sumitomo Mitsui Financial Group, Inc.(a)

     37,000         1,123,217   

Sumitomo Mitsui Trust Holdings, Inc.

     114,000         334,307   

Takeda Pharmaceutical Co., Ltd.

     29,400         1,343,462   

Tokio Marine Holdings, Inc.

     19,000         642,377   

Toyota Motor Corp.

     92,900         4,919,621   

Yahoo Japan Corp.(a)

     134,000         571,075   
     

 

 

 
Total Japan               41,346,065   
Netherlands – 1.3%      

Aegon N.V.

     75,665         416,807   

Akzo Nobel N.V.

     7,809         533,035   

ASML Holding N.V.

     5,212         530,264   

Heineken Holding N.V.

     3,032         236,952   

Heineken N.V.

     11,181         1,014,846   

ING Groep N.V. CVA

     16,927         205,044   

Koninklijke Ahold N.V.

     30,163         679,540   

Koninklijke Philips N.V.

     37,997         1,084,003   
     

 

 

 
Total Netherlands               4,700,491   
Norway – 1.2%      

DNB ASA

     52,472         620,751   

Statoil ASA

     180,080         2,836,865   

Telenor ASA

     41,678         674,709   

Yara International ASA

     5,626         211,810   
     

 

 

 
Total Norway               4,344,135   
Portugal – 0.2%      

EDP-Energias de Portugal S.A.

     226,199         805,774   
Singapore – 1.3%      

DBS Group Holdings Ltd.

     68,200         778,936   

Oversea-Chinese Banking Corp., Ltd.

     127,955         839,984   

Singapore Telecommunications Ltd.

     737,100         2,090,986   

United Overseas Bank Ltd.

     51,100         716,068   

Wilmar International Ltd.

     137,600         343,336   
     

 

 

 
Total Singapore               4,769,310   
Spain – 4.9%      

Abertis Infraestructuras S.A.

     43,759         720,558   

Amadeus IT Holding S.A. Class A

     13,639         585,790   

Banco Bilbao Vizcaya Argentaria S.A.

     232,184         1,545,708   

Banco Santander S.A.

     1,082,878         4,780,493   

CaixaBank S.A.

     226,493         670,286   

Endesa S.A.

     27,574         530,089   

Ferrovial S.A.

     35,839         771,270   

Gas Natural SDG S.A.

     43,508         881,029   

Iberdrola S.A.

     179,018         1,195,644   

Industria de Diseno Textil S.A.

     59,389         2,000,864   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree International LargeCap Dividend Fund (DOL)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Repsol S.A.

     85,900       $ 971,043   

Telefonica S.A.

     302,961         3,401,298   
     

 

 

 
Total Spain               18,054,072   
Sweden – 3.3%      

Assa Abloy AB Class B

     21,944         433,645   

Atlas Copco AB Class A

     25,174         634,419   

Hennes & Mauritz AB Class B

     53,344         1,781,270   

Nordea Bank AB

     202,991         1,953,112   

Sandvik AB

     51,141         529,913   

Skandinaviska Enskilda Banken AB Class A

     93,209         891,652   

Svenska Cellulosa AB SCA Class B

     16,488         515,994   

Svenska Handelsbanken AB Class A

     60,144         766,388   

Swedbank AB Class A

     60,242         1,299,706   

Telefonaktiebolaget LM Ericsson Class B

     133,347         1,337,303   

TeliaSonera AB

     276,453         1,438,072   

Volvo AB Class B(a)

     48,514         533,213   
     

 

 

 
Total Sweden               12,114,687   
Switzerland – 10.0%      

ABB Ltd. Registered Shares*

     68,698         1,344,333   

Adecco S.A. Registered Shares*

     6,932         453,495   

Cie Financiere Richemont S.A. Registered Shares

     11,932         791,812   

Credit Suisse Group AG Registered Shares*

     46,918         666,793   

Givaudan S.A. Registered Shares

     412         811,395   

Kuehne + Nagel International AG Registered Shares

     8,127         1,160,091   

LafargeHolcim Ltd. Registered Shares*

     17,306         817,366   

Nestle S.A. Registered Shares

     111,175         8,341,172   

Novartis AG Registered Shares

     82,628         6,013,858   

Roche Holding AG Bearer Shares

     4,371         1,102,278   

Roche Holding AG Genusschein

     23,535         5,817,088   

SGS S.A. Registered Shares

     340         721,433   

Swiss Re AG

     29,385         2,727,851   

Swisscom AG Registered Shares

     2,457         1,340,555   

Syngenta AG Registered Shares

     2,973         1,241,790   

UBS Group AG Registered Shares

     92,650         1,498,615   

Zurich Insurance Group AG*

     8,197         1,911,335   
     

 

 

 
Total Switzerland               36,761,260   
United Kingdom – 24.9%      

Associated British Foods PLC

     12,390         596,395   

AstraZeneca PLC

     64,386         3,611,451   

Aviva PLC

     116,366         762,840   

BAE Systems PLC

     200,308         1,465,425   

Barclays PLC

     430,209         927,509   

BHP Billiton PLC

     157,998         1,777,665   

BP PLC

     1,491,192         7,504,731   

British American Tobacco PLC

     106,881         6,283,060   

BT Group PLC

     269,293         1,704,976   

Centrica PLC

     319,620         1,046,031   

Compass Group PLC

     62,265         1,098,980   

Diageo PLC

     95,099         2,571,743   

GlaxoSmithKline PLC

     379,217         7,696,086   

HSBC Holdings PLC

     1,079,142         6,730,009   

Imperial Brands PLC

     61,434       3,410,994   

Legal & General Group PLC

     304,768         1,030,277   

Lloyds Banking Group PLC

     298,628         291,954   

Marks & Spencer Group PLC

     15,259         89,087   

National Grid PLC

     242,600         3,442,257   

Next PLC

     6,377         494,946   

Old Mutual PLC

     247,637         687,298   

Pearson PLC

     45,561         572,992   

Prudential PLC

     68,159         1,274,524   

Reckitt Benckiser Group PLC

     23,121         2,236,501   

RELX N.V.

     38,533         673,804   

RELX PLC

     48,120         894,968   

Rio Tinto PLC

     83,964         2,359,926   

Rolls-Royce Holdings PLC*

     53,179         521,281   

Royal Dutch Shell PLC Class A

     290,526         7,031,929   

Royal Dutch Shell PLC Class B

     210,824         5,151,294   

SABMiller PLC

     64,414         3,940,300   

Sky PLC

     75,071         1,104,891   

SSE PLC

     67,425         1,445,896   

Standard Life PLC

     100,404         513,890   

Unilever N.V. CVA

     59,386         2,665,315   

Unilever PLC

     50,649         2,294,951   

Vodafone Group PLC

     1,690,303         5,373,993   
     

 

 

 
Total United Kingdom               91,280,169   

TOTAL COMMON STOCKS

(Cost: $386,409,820)

              363,226,184   
EXCHANGE-TRADED FUND – 0.3%      
United States – 0.3%      

WisdomTree International MidCap Dividend Fund(a)(b)

     
(Cost: $927,563)      17,156         955,246   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.7%   
United States – 2.7%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

     
(Cost: $10,089,231)(d)      10,089,231         10,089,231   
TOTAL INVESTMENTS IN SECURITIES – 102.1%
(Cost: $397,426,614)
         374,270,661   

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

        (7,657,375
     

 

 

 
NET ASSETS – 100.0%             $ 366,613,286   
* 

Non-income producing security.

 

(a)

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Affiliated company (See Note 3).

 

(c) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(d) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $10,575,341 and the total market value of the collateral held by the Fund was $11,175,088. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $1,085,857.

CVA – Certificaten Van Aandelen (Certificate of Stock)

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      109   


Table of Contents

Schedule of Investments (concluded)

WisdomTree International LargeCap Dividend Fund (DOL)

March 31, 2016

 

  

 

 

 

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS  
Settlement
Date
   Contracts
To Deliver
     In
Exchange For
     Unrealized
Gain (Loss)
 

4/1/2016

   AUD      107,000         USD         82,035       $ (275

4/1/2016

   DKK      19,000         USD         2,886         (20
                                     $ (295

 

CURRENCY LEGEND

AUD

  – Australian dollar

DKK

  – Danish krone

USD

  – U.S. dollar

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments

WisdomTree International MidCap Dividend Fund (DIM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.6%      
Australia – 8.5%      

AGL Energy Ltd.

     41,637       $ 589,338   

Amcor Ltd.

     63,932         705,728   

Ansell Ltd.

     8,550         113,718   

Aristocrat Leisure Ltd.

     15,556         123,254   

Asciano Ltd.

     33,671         232,077   

ASX Ltd.

     16,843         536,787   

Aurizon Holdings Ltd.

     126,788         386,225   

Bank of Queensland Ltd.

     40,804         380,428   

Bendigo & Adelaide Bank Ltd.

     46,761         319,062   

Boral Ltd.

     18,295         86,974   

Caltex Australia Ltd.

     11,085         290,093   

Challenger Ltd.

     27,948         180,377   

CIMIC Group Ltd.

     30,472         814,794   

Coca-Cola Amatil Ltd.

     62,142         422,576   

Cochlear Ltd.

     2,920         229,787   

Computershare Ltd.

     26,239         197,403   

Crown Resorts Ltd.

     41,664         399,343   

Flight Centre Travel Group Ltd.(a)

     7,389         245,719   

Fortescue Metals Group Ltd.(a)

     295,442         579,535   

Harvey Norman Holdings Ltd.

     69,584         251,579   

Iluka Resources Ltd.

     11,123         56,130   

Incitec Pivot Ltd.

     92,635         227,318   

Insurance Australia Group Ltd.

     285,655         1,226,149   

LendLease Group

     39,811         424,763   

Orica Ltd.

     28,589         338,018   

Origin Energy Ltd.

     79,213         310,157   

Platinum Asset Management Ltd.

     55,386         270,546   

Ramsay Health Care Ltd.

     5,963         281,461   

REA Group Ltd.

     4,721         196,217   

Santos Ltd.

     78,227         242,510   

Seek Ltd.(a)

     17,471         217,452   

Sonic Healthcare Ltd.

     25,624         370,177   

Star Entertainment Grp Ltd. (The)

     12,395         54,158   

Suncorp Group Ltd.

     114,340         1,047,556   

Tabcorp Holdings Ltd.

     26,604         87,591   

Tatts Group Ltd.

     109,992         319,831   

TPG Telecom Ltd.

     10,331         90,120   

Treasury Wine Estates Ltd.

     26,899         199,471   
     

 

 

 
Total Australia               13,044,422   
Austria – 1.3%      

Andritz AG(a)

     4,121         226,610   

Oesterreichische Post AG

     4,181         170,234   

OMV AG

     25,493         718,275   

UNIQA Insurance Group AG

     22,153         155,935   

Verbund AG(a)

     17,249         220,738   

Vienna Insurance Group AG Wiener Versicherung Gruppe

     8,279         175,479   

Voestalpine AG

     8,153         273,195   
     

 

 

 
Total Austria               1,940,466   
Belgium – 2.5%      

Ackermans & van Haaren N.V.

     457         64,915   

Ageas

     17,873       710,204   

bpost S.A.

     18,769         522,193   

Cie d’Entreprises CFE

     365         34,618   

Colruyt S.A.

     6,439         375,683   

Delhaize Group

     4,144         433,271   

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

     4,102         204,343   

Proximus SADP

     25,106         859,288   

Solvay S.A.

     4,169         418,782   

Umicore S.A.

     5,747         286,519   
     

 

 

 
Total Belgium               3,909,816   
China – 2.2%      

Beijing Enterprises Holdings Ltd.

     25,200         137,914   

China Everbright International Ltd.

     52,000         58,057   

China Jinmao Holdings Group Ltd.

     745,242         207,531   

China Merchants Holdings International Co., Ltd.

     114,138         339,182   

China Power International Development Ltd.

     383,000         198,498   

China Resources Beer Holdings Co., Ltd.

     34,000         63,296   

China Resources Power Holdings Co., Ltd.

     278,000         519,690   

China South City Holdings Ltd.(a)

     652,000         134,493   

CSPC Pharmaceutical Group Ltd.

     102,000         92,314   

Guangdong Investment Ltd.

     300,208         379,684   

Guotai Junan International Holdings Ltd.(a)

     134,000         46,990   

Shanghai Industrial Holdings Ltd.

     48,500         114,301   

Shenzhen Investment Ltd.

     366,000         145,333   

Sino-Ocean Land Holdings Ltd.

     633,464         299,722   

Sun Art Retail Group Ltd.(a)

     485,000         343,277   

Yangzijiang Shipbuilding Holdings Ltd.

     219,100         159,452   

Yuexiu Property Co., Ltd.

     626,000         90,391   
     

 

 

 
Total China               3,330,125   
Denmark – 1.5%      

Carlsberg A/S Class B

     2,509         239,466   

Chr Hansen Holding A/S

     3,381         227,332   

ISS A/S

     4,731         190,240   

Pandora A/S

     3,430         449,870   

Sydbank A/S

     2,258         64,826   

TDC A/S

     72,306         354,455   

Tryg A/S

     22,184         431,264   

Vestas Wind Systems A/S

     4,300         303,857   
     

 

 

 
Total Denmark               2,261,310   
Finland – 2.3%      

Amer Sports Oyj

     2,862         83,329   

Elisa Oyj(a)

     13,296         517,725   

Huhtamaki Oyj

     1,872         69,608   

Metso Oyj

     9,114         217,791   

Neste Oyj(a)

     14,279         470,576   

Nokian Renkaat Oyj(a)

     10,025         354,372   

Orion Oyj Class B(a)

     7,260         240,335   

Stora Enso Oyj Class R

     40,362         361,747   

UPM-Kymmene Oyj

     43,036         780,744   

Wartsila Oyj Abp

     8,519         386,080   
     

 

 

 
Total Finland               3,482,307   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      111   


Table of Contents

Schedule of Investments (continued)

WisdomTree International MidCap Dividend Fund (DIM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
France – 7.6%      

Accor S.A.

     7,999       $ 339,452   

Aeroports de Paris

     3,265         404,247   

Arkema S.A.

     3,317         249,397   

Atos SE

     1,955         159,467   

Bouygues S.A.

     23,623         965,068   

Bureau Veritas S.A.

     13,189         294,203   

Casino Guichard Perrachon S.A.(a)

     7,603         436,492   

CNP Assurances

     54,606         852,811   

Edenred

     13,755         267,564   

Eiffage S.A.

     5,022         386,291   

Eurazeo S.A.

     1,813         122,762   

Eutelsat Communications S.A.

     13,141         425,135   

Groupe Eurotunnel SE Registered Shares

     9,084         101,964   

Havas S.A.

     14,991         120,384   

Imerys S.A.

     2,727         190,462   

Ingenico Group S.A.

     1,070         123,090   

Ipsen S.A.

     3,684         211,878   

JCDecaux S.A.

     6,509         285,345   

Korian S.A.

     1,322         39,003   

Lagardere SCA

     11,357         302,193   

Plastic Omnium S.A.

     4,276         147,278   

Remy Cointreau S.A.

     1,805         137,236   

Rexel S.A.

     24,764         354,300   

Rubis SCA

     1,468         118,054   

SCOR SE

     15,480         550,376   

SEB S.A.

     1,739         180,650   

Societe BIC S.A.

     1,293         194,789   

Societe Television Francaise 1

     10,601         137,475   

Suez Environnement Co.

     36,123         663,563   

Technip S.A.

     7,222         400,875   

Teleperformance

     660         58,107   

Thales S.A.

     8,046         705,999   

Valeo S.A.

     2,373         369,928   

Veolia Environnement S.A.

     38,019         917,181   

Vicat S.A.

     1,602         104,057   

Wendel S.A.

     1,652         180,084   

Zodiac Aerospace

     7,123         142,941   
     

 

 

 
Total France               11,640,101   
Germany – 5.0%      

Axel Springer SE

     7,089         382,668   

Brenntag AG

     3,572         204,338   

Deutsche Wohnen AG Bearer Shares

     11,176         348,064   

DMG MORI AG

     690         32,175   

Duerr AG

     1,293         101,770   

Fielmann AG

     4,432         336,868   

Fraport AG Frankfurt Airport Services Worldwide

     3,650         221,735   

Freenet AG

     12,235         366,546   

Fuchs Petrolub SE

     426         16,534   

GEA Group AG

     7,027         344,328   

Hannover Rueck SE

     7,457         870,157   

Hochtief AG

     2,754         337,526   

Hugo Boss AG

     3,874         254,459   

K+S AG Registered Shares

     9,208       215,788   

KION Group AG*

     1,635         95,469   

LANXESS AG

     1,333         64,163   

LEG Immobilien AG*

     2,003         189,107   

METRO AG

     14,173         439,788   

MTU Aero Engines AG

     1,430         137,355   

OSRAM Licht AG

     3,082         159,115   

ProSiebenSat.1 Media SE

     14,597         751,608   

Suedzucker AG

     13,517         238,674   

Symrise AG

     4,037         271,422   

Talanx AG*

     18,126         619,871   

TUI AG

     15,247         236,458   

United Internet AG Registered Shares

     6,673         335,384   

Wacker Chemie AG

     1,473         129,820   
     

 

 

 
Total Germany               7,701,190   
Hong Kong – 3.3%      

Bank of East Asia Ltd. (The)(a)

     134,122         501,452   

Cathay Pacific Airways Ltd.

     119,774         207,227   

Dah Sing Banking Group Ltd.

     32,800         57,594   

Hang Lung Group Ltd.

     51,000         146,296   

Hopewell Holdings Ltd.

     45,162         145,852   

Hysan Development Co., Ltd.

     70,000         298,264   

New World Development Co., Ltd.

     545,642         519,857   

PCCW Ltd.

     583,543         377,666   

Sino Land Co., Ltd.

     399,046         631,761   

SJM Holdings Ltd.

     832,000         594,243   

Swire Pacific Ltd. Class A

     55,500         597,463   

Swire Pacific Ltd. Class B

     140,000         272,905   

Techtronic Industries Co., Ltd.

     28,500         112,618   

Television Broadcasts Ltd.

     44,424         159,791   

Wheelock & Co., Ltd.

     103,000         460,121   
     

 

 

 
Total Hong Kong               5,083,110   
Ireland – 0.6%      

DCC PLC

     3,367         297,622   

Kerry Group PLC Class A

     1,200         111,968   

Paddy Power Betfair PLC

     2,168         302,889   

Smurfit Kappa Group PLC

     8,322         214,798   
     

 

 

 
Total Ireland               927,277   
Israel – 1.3%      

Azrieli Group Ltd.

     3,647         143,086   

Bank Hapoalim BM

     29,696         154,029   

Bezeq Israeli Telecommunication Corp., Ltd.

     512,292         1,154,854   

Elbit Systems Ltd.

     1,656         155,799   

Israel Chemicals Ltd.

     82,550         359,009   
     

 

 

 
Total Israel               1,966,777   
Italy – 3.4%      

A2A SpA

     169,919         221,321   

ACEA SpA

     11,857         181,732   

Azimut Holding SpA

     8,015         184,953   

Banca Generali SpA

     6,817         200,811   

Banca Mediolanum SpA

     47,477         379,258   

Banca Popolare di Milano SCARL

     164,752         115,368   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree International MidCap Dividend Fund (DIM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Brembo SpA

     2,280       $ 118,087   

Credito Emiliano SpA

     7,408         50,777   

Davide Campari-Milano SpA

     13,141         131,554   

De’ Longhi SpA

     6,984         159,172   

FinecoBank Banca Fineco SpA

     21,820         184,001   

Hera SpA

     108,564         324,873   

Intesa Sanpaolo SpA RSP

     27,936         72,774   

Mediobanca SpA

     22,292         160,800   

Parmalat SpA

     39,416         109,237   

Prysmian SpA

     8,222         186,545   

Recordati SpA

     10,334         259,075   

Salvatore Ferragamo SpA(a)

     4,779         122,315   

Telecom Italia SpA RSP

     339,643         298,021   

Terna Rete Elettrica Nazionale SpA

     171,990         982,896   

Tod’s SpA(a)

     1,414         100,869   

Unione di Banche Italiane SpA

     16,405         60,794   

UnipolSai SpA

     257,943         597,872   
     

 

 

 
Total Italy               5,203,105   
Japan – 20.7%      

ABC-Mart, Inc.

     1,678         107,642   

Aeon Co., Ltd.

     28,099         406,504   

Air Water, Inc.(a)

     7,000         103,759   

Ajinomoto Co., Inc.

     10,319         233,152   

Alfresa Holdings Corp.

     6,000         115,254   

Amada Holdings Co., Ltd.

     14,800         144,583   

ANA Holdings, Inc.

     68,000         191,848   

Aozora Bank Ltd.

     106,000         370,639   

Asahi Glass Co., Ltd.

     42,141         230,961   

Asahi Kasei Corp.

     49,000         331,724   

Asics Corp.

     3,630         64,755   

Bandai Namco Holdings, Inc.

     12,300         268,555   

Bank of Yokohama Ltd. (The)

     45,000         204,791   

Benesse Holdings, Inc.(a)

     3,500         100,894   

Brother Industries Ltd.

     9,900         113,978   

Canon Marketing Japan, Inc.

     6,100         106,700   

Casio Computer Co., Ltd.(a)

     6,000         121,233   

Chiba Bank Ltd. (The)

     30,000         149,740   

Chubu Electric Power Co., Inc.

     1,300         18,177   

Chugoku Bank Ltd. (The)(a)

     6,900         71,950   

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

     20,000         270,475   

Dai Nippon Printing Co., Ltd.(a)

     31,958         284,336   

Daicel Corp.

     9,600         131,365   

Daihatsu Motor Co., Ltd.(a)

     21,900         309,030   

Daiichi Sankyo Co., Ltd.

     31,400         699,128   

Daito Trust Construction Co., Ltd.

     4,820         685,294   

DIC Corp.

     37,000         88,554   

Dowa Holdings Co., Ltd.(a)

     10,000         55,785   

Electric Power Development Co., Ltd.

     5,400         168,878   

FamilyMart Co., Ltd.

     4,200         218,604   

Fuji Electric Co., Ltd.

     22,876         79,174   

Fujitsu Ltd.

     29,000         107,491   

Fukuoka Financial Group, Inc.

     41,000         133,876   

Hachijuni Bank Ltd. (The)

     14,000         60,412   

Hamamatsu Photonics K.K.

     4,900       135,366   

Hankyu Hanshin Holdings, Inc.

     31,000         198,034   

Hikari Tsushin, Inc.

     1,600         121,998   

Hino Motors Ltd.

     26,200         283,691   

Hirose Electric Co., Ltd.

     1,000         110,414   

Hiroshima Bank Ltd. (The)

     26,075         95,350   

Hisamitsu Pharmaceutical Co., Inc.

     3,900         174,536   

Hitachi Chemical Co., Ltd.

     6,200         111,704   

Hitachi Construction Machinery Co., Ltd.(a)

     9,800         155,900   

Hitachi High-Technologies Corp.

     4,000         112,816   

Hitachi Metals Ltd.

     6,100         63,011   

Hokuhoku Financial Group, Inc.(a)

     60,000         79,007   

Hokuriku Electric Power Co.

     10,600         150,236   

Hulic Co., Ltd.

     7,800         74,672   

Idemitsu Kosan Co., Ltd.(a)

     4,700         84,010   

IHI Corp.

     42,553         90,107   

Iida Group Holdings Co., Ltd.

     8,900         173,811   

Isetan Mitsukoshi Holdings Ltd.

     6,634         77,617   

Isuzu Motors Ltd.

     26,000         268,802   

Itochu Techno-Solutions Corp.

     2,200         41,575   

Iyo Bank Ltd. (The)

     11,000         72,130   

J. Front Retailing Co., Ltd.

     6,400         85,014   

Japan Airlines Co., Ltd.

     17,300         634,464   

Japan Exchange Group, Inc.

     15,200         233,149   

JGC Corp.(a)

     7,000         104,942   

Joyo Bank Ltd. (The)

     34,000         116,767   

JSR Corp.

     8,700         125,242   

JTEKT Corp.

     5,200         67,547   

JX Holdings, Inc.(a)

     116,400         449,258   

Kajima Corp.

     25,953         163,022   

Kansai Paint Co., Ltd.

     7,000         112,603   

Kawasaki Heavy Industries Ltd.(a)

     45,565         131,755   

Keikyu Corp.

     13,000         114,507   

Keio Corp.

     16,000         140,647   

Kintetsu Group Holdings Co., Ltd.(a)

     50,000         202,856   

Kirin Holdings Co., Ltd.

     27,200         381,882   

Koito Manufacturing Co., Ltd.

     3,500         158,815   

Konami Holdings Corp.(a)

     5,400         159,989   

Konica Minolta, Inc.

     15,900         135,241   

Kuraray Co., Ltd.

     16,200         198,329   

Kyowa Hakko Kirin Co., Ltd.

     15,000         239,690   

Lawson, Inc.

     4,900         410,677   

LIXIL Group Corp.

     9,900         202,149   

Makita Corp.

     3,729         231,580   

Marubeni Corp.(a)

     100,800         511,197   

Marui Group Co., Ltd.(a)

     8,581         123,147   

Medipal Holdings Corp.

     7,000         110,984   

MEIJI Holdings Co., Ltd.

     1,800         144,935   

Mitsubishi Chemical Holdings Corp.

     56,700         296,377   

Mitsubishi Gas Chemical Co., Inc.

     19,000         102,442   

Mitsubishi Materials Corp.

     46,000         130,148   

Mitsubishi Motors Corp.

     32,000         240,011   

Mitsubishi Tanabe Pharma Corp.(a)

     21,100         367,389   

Mitsui Chemicals, Inc.

     32,000         106,766   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      113   


Table of Contents

Schedule of Investments (continued)

WisdomTree International MidCap Dividend Fund (DIM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Mitsui OSK Lines Ltd.

     32,000       $ 65,199   

Mixi, Inc.

     2,100         78,100   

Nabtesco Corp.

     3,900         87,650   

NEC Corp.

     47,608         119,872   

Nexon Co., Ltd.

     5,800         99,028   

NGK Insulators Ltd.

     7,000         129,481   

NGK Spark Plug Co., Ltd.

     5,400         103,489   

NH Foods Ltd.(a)

     6,000         132,390   

Nikon Corp.(a)

     13,034         199,693   

Nippon Electric Glass Co., Ltd.

     22,000         112,745   

Nippon Express Co., Ltd.

     38,000         173,104   

Nippon Paint Holdings Co., Ltd.(a)

     3,200         71,092   

Nippon Yusen K.K.

     46,000         88,812   

Nissan Chemical Industries Ltd.(a)

     5,100         131,589   

Nisshin Seifun Group, Inc.

     8,700         138,479   

Nissin Foods Holdings Co., Ltd.

     3,700         174,145   

Nitori Holdings Co., Ltd.

     1,500         137,595   

NOK Corp.

     2,000         34,201   

Nomura Real Estate Holdings, Inc.

     6,468         119,698   

Nomura Research Institute Ltd.

     8,000         269,763   

NSK Ltd.

     9,400         86,143   

NTT Data Corp.

     6,900         346,857   

NTT Urban Development Corp.

     8,900         87,183   

Obayashi Corp.

     22,000         217,269   

Obic Co., Ltd.

     1,400         74,114   

Odakyu Electric Railway Co., Ltd.

     13,000         141,688   

Oji Holdings Corp.

     46,862         188,457   

Omron Corp.

     4,600         137,106   

Ono Pharmaceutical Co., Ltd.

     12,500         529,939   

Oracle Corp.

     3,868         217,499   

Osaka Gas Co., Ltd.

     67,000         257,759   

Otsuka Corp.

     3,200         169,118   

Pola Orbis Holdings, Inc.

     1,100         91,312   

Resona Holdings, Inc.

     96,600         345,163   

Ricoh Co., Ltd.(a)

     32,060         326,890   

Ryohin Keikaku Co., Ltd.

     600         127,052   

Sankyo Co., Ltd.

     6,300         234,859   

Santen Pharmaceutical Co., Ltd.

     10,600         159,667   

SBI Holdings, Inc.

     6,700         68,136   

Sega Sammy Holdings, Inc.(a)

     9,273         101,232   

Seiko Epson Corp.

     14,600         236,156   

Sekisui Chemical Co., Ltd.

     16,000         197,304   

Sekisui House Ltd.

     33,552         567,036   

Seven Bank Ltd.(a)

     37,100         158,441   

Shimadzu Corp.

     9,000         141,332   

Shimamura Co., Ltd.

     1,100         137,506   

Shimano, Inc.

     1,100         172,641   

Shimizu Corp.

     20,000         169,758   

Shionogi & Co., Ltd.

     7,100         334,612   

Shiseido Co., Ltd.

     7,000         156,448   

Shizuoka Bank Ltd. (The)

     14,000         101,143   

Showa Shell Sekiyu K.K.

     20,109         180,703   

Sojitz Corp.

     20,200         41,516   

Sony Financial Holdings, Inc.

     11,209         143,410   

Sumitomo Chemical Co., Ltd.(a)

     42,000       190,204   

Sumitomo Dainippon Pharma Co., Ltd.(a)

     12,190         140,560   

Sumitomo Electric Industries Ltd.

     19,812         241,315   

Sumitomo Heavy Industries Ltd.

     17,500         72,401   

Sumitomo Metal Mining Co., Ltd.

     19,000         188,910   

Sumitomo Rubber Industries Ltd.

     12,800         198,044   

Suntory Beverage & Food Ltd.

     6,300         284,185   

Sysmex Corp.

     1,800         112,745   

T&D Holdings, Inc.

     20,051         187,228   

Taisei Corp.

     34,876         230,862   

Taiyo Nippon Sanso Corp.(a)

     7,200         68,416   

TDK Corp.

     2,900         161,262   

Terumo Corp.

     8,900         319,512   

THK Co., Ltd.

     2,300         42,482   

Tobu Railway Co., Ltd.(a)

     32,000         159,722   

Toho Co., Ltd.

     5,200         136,992   

Tohoku Electric Power Co., Inc.

     3,500         45,216   

Tokyo Electron Ltd.

     5,294         345,538   

Tokyu Corp.

     30,000         251,702   

Tokyu Fudosan Holdings Corp.

     6,600         44,863   

TonenGeneral Sekiyu K.K.

     32,104         290,777   

Toppan Printing Co., Ltd.

     23,000         193,176   

TOTO Ltd.(a)

     5,000         156,146   

Toyo Seikan Group Holdings Ltd.(a)

     6,100         114,407   

Toyo Suisan Kaisha Ltd.

     3,700         132,995   

Toyo Tire & Rubber Co., Ltd.

     3,300         49,326   

Toyoda Gosei Co., Ltd.

     6,600         127,543   

Toyota Tsusho Corp.

     10,800         244,356   

Trend Micro, Inc.

     5,630         206,376   

USS Co., Ltd.

     12,300         196,765   

West Japan Railway Co.

     6,376         394,206   

Yamada Denki Co., Ltd.(a)

     27,900         132,059   

Yamaguchi Financial Group, Inc.(a)

     7,000         63,713   

Yamaha Corp.

     4,900         147,791   

Yamaha Motor Co., Ltd.

     9,460         157,561   

Yamato Holdings Co., Ltd.(a)

     9,200         183,926   

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

     7,100         116,928   
     

 

 

 
Total Japan               31,799,333   
Netherlands – 1.7%      

Aalberts Industries N.V.

     3,839         133,385   

Boskalis Westminster

     8,128         319,965   

Euronext N.V.(b)

     1,734         72,103   

Koninklijke DSM N.V.

     8,297         457,000   

Koninklijke Vopak N.V.

     4,281         213,504   

NN Group N.V.

     13,428         440,006   

Randstad Holding N.V.

     8,155         452,664   

Wolters Kluwer N.V.

     15,067         602,310   
     

 

 

 
Total Netherlands               2,690,937   
New Zealand – 1.4%      

Auckland International Airport Ltd.

     100,082         446,801   

Contact Energy Ltd.

     68,948         239,353   

Fletcher Building Ltd.

     67,363         369,016   

Mighty River Power Ltd.

     144,308         292,564   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree International MidCap Dividend Fund (DIM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Spark New Zealand Ltd.

     301,546       $ 764,176   
     

 

 

 
Total New Zealand               2,111,910   
Norway – 1.7%      

Gjensidige Forsikring ASA

     45,421         774,841   

Marine Harvest ASA*

     40,527         624,717   

Norsk Hydro ASA

     87,670         361,120   

Orkla ASA

     76,193         690,424   

TGS Nopec Geophysical Co. ASA(a)

     6,961         106,293   
     

 

 

 
Total Norway               2,557,395   
Portugal – 1.0%      

Galp Energia, SGPS, S.A.

     41,600         523,829   

Jeronimo Martins, SGPS, S.A.

     25,356         415,502   

NOS, SGPS S.A.

     17,973         120,019   

Portucel S.A.

     75,674         275,950   

Sonae, SGPS, S.A.

     126,586         152,762   
     

 

 

 
Total Portugal               1,488,062   
Singapore – 4.7%      

CapitaLand Ltd.

     183,500         418,346   

City Developments Ltd.

     26,500         160,779   

ComfortDelGro Corp., Ltd.

     124,400         269,752   

Fraser and Neave Ltd.(a)

     75,200         110,851   

Frasers Centrepoint Ltd.

     229,200         277,436   

Global Logistic Properties Ltd.

     122,600         175,260   

Great Eastern Holdings Ltd.

     12,000         200,416   

Hutchison Port Holdings Trust

     1,125,985         562,992   

Jardine Cycle & Carriage Ltd.

     19,511         579,998   

Keppel Corp., Ltd.

     185,000         800,943   

Olam International Ltd.

     136,200         173,967   

SATS Ltd.

     89,000         261,065   

Sembcorp Industries Ltd.

     143,300         321,377   

Sembcorp Marine Ltd.(a)

     156,051         191,211   

SIA Engineering Co., Ltd.

     99,536         266,100   

Singapore Airlines Ltd.

     67,761         574,655   

Singapore Exchange Ltd.

     55,300         326,478   

Singapore Post Ltd.

     115,500         140,237   

Singapore Press Holdings Ltd.(a)

     158,648         471,255   

Singapore Technologies Engineering Ltd.

     212,300         509,230   

StarHub Ltd.

     152,594         379,615   

UOL Group Ltd.

     18,200         81,093   
     

 

 

 
Total Singapore               7,253,056   
Spain – 3.0%      

Abengoa S.A. Class B(a)

     48,382         14,390   

Acerinox S.A.(a)

     13,113         152,119   

ACS Actividades de Construccion y Servicios S.A.

     20,410         609,133   

Banco Popular Espanol S.A.

     68,141         177,586   

Bankinter S.A.

     18,163         128,532   

Bolsas y Mercados Espanoles SHMSF S.A.(a)

     8,118         262,262   

Cia de Distribucion Integral Logista Holdings S.A.

     4,093         92,631   

Distribuidora Internacional de Alimentacion S.A.*

     22,054         114,751   

Ebro Foods S.A.(a)

     11,695         255,679   

Enagas S.A.

     22,372         673,425   

Grifols S.A.

     10,094         225,106   

Grupo Catalana Occidente S.A.

     3,018       85,807   

Mapfre S.A.

     208,879         452,016   

Prosegur Cia de Seguridad S.A.

     20,084         113,289   

Red Electrica Corp. S.A.

     8,816         766,531   

Tecnicas Reunidas S.A.(a)

     4,051         114,139   

Viscofan S.A.

     2,727         163,613   

Zardoya Otis S.A.(a)

     19,254         224,455   
     

 

 

 
Total Spain               4,625,464   
Sweden – 4.1%      

AAK AB

     1,413         112,424   

Alfa Laval AB

     14,161         232,153   

Atlas Copco AB Class B

     20,337         480,159   

Axfood AB

     10,946         202,536   

BillerudKorsnas AB

     5,044         82,566   

Boliden AB

     9,424         151,008   

Electrolux AB Series B(a)

     11,260         296,685   

Getinge AB Class B(a)

     6,697         154,565   

Hexagon AB Class B

     6,724         262,102   

Husqvarna AB Class B

     15,231         111,508   

ICA Gruppen AB(a)

     10,203         338,057   

Investment AB Kinnevik Class B

     7,632         216,814   

Investment AB Latour Class B

     8,289         344,067   

Lundbergforetagen AB Class B

     4,358         238,685   

Meda AB Class A

     11,465         213,695   

Saab AB Class B

     6,210         213,264   

Securitas AB Class B

     20,081         333,168   

Skanska AB Class B

     28,928         661,226   

SKF AB Class B(a)

     20,515         370,989   

Swedish Match AB

     10,593         360,126   

Tele2 AB Class B

     29,257         271,757   

Trelleborg AB Class B

     9,394         186,102   

Volvo AB Class A

     26,520         292,460   

Wallenstam AB Class B

     13,995         121,190   
     

 

 

 
Total Sweden               6,247,306   
Switzerland – 4.5%      

Aryzta AG*

     2,253         93,705   

Baloise Holding AG Registered Shares

     4,164         531,343   

Bucher Industries AG Registered Shares

     381         92,977   

Clariant AG Registered Shares*

     14,876         270,289   

Coca-Cola HBC AG*

     8,950         190,385   

DKSH Holding AG(a)

     1,254         86,097   

EMS-Chemie Holding AG Registered Shares

     957         498,162   

Galenica AG Registered Shares

     187         282,360   

GAM Holding AG*

     11,041         160,257   

Georg Fischer AG Registered Shares

     124         100,609   

Helvetia Holding AG Registered Shares

     403         231,452   

Julius Baer Group Ltd.*

     6,361         274,327   

Lonza Group AG Registered Shares*

     2,301         390,928   

OC Oerlikon Corp. AG Registered Shares*

     12,176         126,127   

Panalpina Welttransport Holding AG Registered Shares

     1,262         141,533   

Partners Group Holding AG

     1,503         606,599   

Schindler Holding AG Participation Certificate

     1,432         265,121   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      115   


Table of Contents

Schedule of Investments (continued)

WisdomTree International MidCap Dividend Fund (DIM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Schindler Holding AG Registered Shares

     1,900       $ 349,387   

SFS Group AG*

     1,037         77,424   

Sonova Holding AG Registered Shares

     1,379         176,830   

STMicroelectronics N.V.

     77,858         432,259   

Straumann Holding AG Registered Shares

     662         229,158   

Sulzer AG Registered Shares

     1,858         185,286   

Swatch Group AG (The) Bearer Shares(a)

     1,021         355,135   

Swatch Group AG (The) Registered Shares

     3,727         251,995   

Swiss Life Holding AG Registered Shares*

     1,534         409,590   

Vontobel Holding AG Registered Shares

     3,370         146,568   
     

 

 

 
Total Switzerland               6,955,903   
United Kingdom – 17.3%      

Aberdeen Asset Management PLC

     111,463         444,411   

Admiral Group PLC

     16,686         475,579   

Aggreko PLC

     9,108         140,989   

Amec Foster Wheeler PLC

     34,307         221,893   

Ashmore Group PLC(a)

     65,322         270,020   

Ashtead Group PLC

     9,243         114,782   

Babcock International Group PLC

     15,420         210,439   

Barratt Developments PLC

     32,061         258,286   

Bellway PLC

     5,059         190,726   

Berendsen PLC

     5,673         98,090   

Berkeley Group Holdings PLC

     15,011         694,293   

Booker Group PLC

     63,618         157,548   

British Land Co. PLC (The)

     57,291         576,822   

Britvic PLC

     8,019         81,890   

Bunzl PLC

     11,485         333,945   

Burberry Group PLC

     15,396         302,056   

Cable & Wireless Communications PLC

     253,751         281,014   

Capita PLC

     29,998         449,270   

Carnival PLC

     9,433         508,698   

Close Brothers Group PLC

     7,725         140,122   

CNH Industrial N.V.

     54,344         370,018   

Cobham PLC

     82,988         258,954   

Croda International PLC

     5,272         230,279   

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

     20,014         200,212   

Derwent London PLC

     2,267         102,703   

Direct Line Insurance Group PLC

     100,243         533,381   

Dixons Carphone PLC

     16,859         103,299   

DS Smith PLC

     45,081         264,363   

Dunelm Group PLC

     4,485         58,887   

easyJet PLC

     21,817         476,322   

Essentra PLC

     7,220         85,872   

Evraz PLC*(a)

     92,384         119,505   

Fresnillo PLC

     6,517         89,220   

G4S PLC

     88,922         243,601   

GKN PLC

     69,325         287,763   

Greene King PLC

     10,857         135,996   

Halma PLC

     13,946         182,706   

Hammerson PLC

     35,296         293,479   

Hargreaves Lansdown PLC

     23,450         452,991   

Hays PLC

     44,311         77,063   

Hikma Pharmaceuticals PLC

     3,070       87,368   

Howden Joinery Group PLC

     16,616         114,181   

ICAP PLC

     56,032         382,379   

IG Group Holdings PLC

     33,182         381,540   

IMI PLC

     18,958         259,540   

Inchcape PLC

     24,444         254,190   

Informa PLC

     30,860         307,824   

Inmarsat PLC

     31,755         449,340   

InterContinental Hotels Group PLC

     8,043         331,893   

Intertek Group PLC

     4,439         202,060   

Intu Properties PLC

     74,920         337,046   

Investec PLC

     45,433         334,667   

J Sainsbury PLC(a)

     188,000         746,597   

Jardine Lloyd Thompson Group PLC

     12,982         157,576   

John Wood Group PLC

     15,217         134,509   

Johnson Matthey PLC

     6,869         270,910   

Jupiter Fund Management PLC

     20,406         120,046   

Kingfisher PLC

     111,092         601,486   

London Stock Exchange Group PLC

     8,075         327,295   

Man Group PLC

     152,415         334,076   

Meggitt PLC

     40,063         234,131   

Melrose Industries PLC

     7,147         36,621   

Merlin Entertainments PLC(b)

     18,298         121,899   

Michael Page International PLC

     17,672         108,407   

Micro Focus International PLC

     5,470         123,434   

Millennium & Copthorne Hotels PLC

     18,491         110,667   

Mondi PLC

     17,956         344,797   

Pennon Group PLC

     22,146         258,145   

Persimmon PLC

     25,846         774,545   

Renishaw PLC

     2,637         69,549   

Rentokil Initial PLC

     57,556         146,258   

Rexam PLC

     45,717         416,595   

Rightmove PLC

     3,455         209,113   

Rotork PLC

     28,208         74,113   

Royal Mail PLC

     70,699         488,467   

Saga PLC

     23,326         66,449   

Sage Group PLC (The)

     54,680         494,341   

Schroders PLC

     8,336         321,459   

Segro PLC

     56,679         334,250   

Severn Trent PLC

     17,209         537,481   

Smiths Group PLC

     21,985         340,006   

Spectris PLC

     5,820         154,252   

Spirax-Sarco Engineering PLC

     1,468         76,802   

St. James’s Place PLC

     26,592         351,057   

Stagecoach Group PLC

     34,843         126,301   

TalkTalk Telecom Group PLC(a)

     54,656         186,259   

Tate & Lyle PLC

     38,234         317,633   

Taylor Wimpey PLC

     271,181         741,729   

Travis Perkins PLC

     7,006         183,974   

United Utilities Group PLC

     53,343         707,663   

Victrex PLC

     5,962         141,220   

Weir Group PLC (The)

     9,258         147,436   

WH Smith PLC

     3,480         90,933   

William Hill PLC

     53,884         253,253   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (concluded)

WisdomTree International MidCap Dividend Fund (DIM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

WM Morrison Supermarkets PLC(a)

     314,367       $ 897,805   
     

 

 

 
Total United Kingdom               26,639,054   
TOTAL COMMON STOCKS
(Cost: $141,404,849)
              152,858,426   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 7.9%   
United States – 7.9%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

     
(Cost: $12,170,282)(d)      12,170,282         12,170,282   

TOTAL INVESTMENTS IN SECURITIES – 107.5%

(Cost: $153,575,131)

  

  

     165,028,708   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (7.5)%

        (11,516,395
     

 

 

 
NET ASSETS – 100.0%             $ 153,512,313   
* Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (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 March 31, 2016.

 

(d) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $12,557,085 and the total market value of the collateral held by the Fund was $13,370,550. The total market value of the collateral includes non-cash U.S. Government and U.S. Government Agencies securities collateral having a value of $1,200,268.

RSP – Risparmio Italian Savings Shares

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      117   


Table of Contents

Schedule of Investments

WisdomTree International SmallCap Dividend Fund (DLS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.1%      
Australia – 11.2%      

Adelaide Brighton Ltd.

     913,167       $ 3,561,439   

ALS Ltd.(a)

     618,286         1,897,709   

Altium Ltd.

     218,444         991,424   

AP Eagers Ltd.(a)

     249,352         1,870,186   

ARB Corp., Ltd.(a)

     62,101         718,478   

Asaleo Care Ltd.

     749,151         1,048,837   

Australian Pharmaceutical Industries Ltd.

     822,277         1,236,609   

Bega Cheese Ltd.(a)

     173,785         788,736   

BlueScope Steel Ltd.

     317,387         1,511,288   

Breville Group Ltd.(a)

     187,668         1,128,923   

Brickworks Ltd.

     100,784         1,228,045   

BT Investment Management Ltd.

     431,787         3,221,875   

Cardno Ltd.(a)

     647,475         557,838   

carsales.com Ltd.(a)

     255,632         2,312,543   

Cash Converters International Ltd.(a)

     1,240,478         510,517   

Cleanaway Waste Management Ltd.

     2,003,918         1,186,965   

Collins Foods Ltd.

     307,020         994,297   

Corporate Travel Management Ltd.(a)

     97,477         1,005,537   

Cover-More Group Ltd.(a)

     488,623         582,603   

CSG Ltd.(a)

     902,802         861,155   

CSR Ltd.

     920,564         2,336,874   

Decmil Group Ltd.

     881,967         522,409   

Dick Smith Holdings Ltd.

     769,150         1   

Domino’s Pizza Enterprises Ltd.

     57,894         2,559,868   

Downer EDI Ltd.

     695,411         2,054,188   

DuluxGroup Ltd.

     442,659         2,138,436   

ERM Power Ltd.

     470,397         517,449   

Event Hospitality and Entertainment Ltd.

     220,180         2,574,476   

Fairfax Media Ltd.

     3,495,884         2,312,719   

Folkestone Education Trust

     642,001         1,155,630   

G8 Education Ltd.(a)

     738,326         2,141,198   

Generation Healthcare REIT

     407,531         639,526   

Genworth Mortgage Insurance Australia Ltd.(a)

     1,108,708         2,123,655   

GrainCorp Ltd. Class A

     136,622         792,427   

GUD Holdings Ltd.(a)

     132,203         707,812   

GWA Group Ltd.

     364,591         633,843   

IMF Bentham Ltd.(a)

     800,924         825,588   

Infomedia Ltd.(a)

     793,346         353,963   

Invocare Ltd.(a)

     130,646         1,263,277   

IOOF Holdings Ltd.(a)

     455,162         3,105,682   

IRESS Ltd.

     245,206         2,188,046   

Japara Healthcare Ltd.(a)

     289,049         680,394   

JB Hi-Fi Ltd.(a)

     137,895         2,501,265   

MACA Ltd.

     1,896,531         1,320,310   

Magellan Financial Group Ltd.

     185,939         3,244,000   

McMillan Shakespeare Ltd.(a)

     145,105         1,394,159   

Mineral Resources Ltd.(a)

     357,175         1,651,288   

MMA Offshore Ltd.(a)

     2,559,381         767,833   

Monadelphous Group Ltd.(a)

     339,085         1,857,188   

Myer Holdings Ltd.(a)

     2,247,353         2,031,311   

MyState Ltd.

     152,811         514,868   

Navitas Ltd.(a)

     614,459         2,401,176   

New Hope Corp., Ltd.

     1,003,742       1,011,488   

NIB Holdings Ltd.

     805,738         2,423,472   

Nine Entertainment Co. Holdings Ltd.(a)

     1,734,515         2,081,469   

Northern Star Resources Ltd.

     623,934         1,646,266   

Nufarm Ltd.(a)

     203,682         1,175,117   

Orora Ltd.

     1,246,882         2,397,909   

OZ Minerals Ltd.

     280,463         1,085,203   

OzForex Group Ltd.(a)

     391,751         608,736   

Pact Group Holdings Ltd.

     469,042         1,800,444   

Peet Ltd.

     1,216,724         921,925   

Perpetual Ltd.(a)

     63,259         2,119,715   

Premier Investments Ltd.

     191,522         2,492,794   

Primary Health Care Ltd.(a)

     677,721         1,955,013   

Programmed Maintenance Services Ltd.

     847,441         964,803   

Qube Holdings Ltd.(a)

     622,283         1,129,711   

Recall Holdings Ltd.

     236,409         1,363,932   

Retail Food Group Ltd.(a)

     261,038         1,036,146   

SAI Global Ltd.

     276,345         801,420   

Sandfire Resources NL

     192,224         844,328   

Servcorp Ltd.

     161,286         849,874   

Seven Group Holdings Ltd.(a)

     627,132         2,634,019   

Seven West Media Ltd.

     4,151,166         3,289,082   

SG Fleet Group Ltd.

     358,926         966,363   

Sigma Pharmaceuticals Ltd.

     1,393,626         1,136,369   

Sims Metal Management Ltd.(a)

     199,220         1,324,079   

Slater & Gordon Ltd.(a)

     681,187         136,241   

SMS Management & Technology Ltd.

     278,014         395,645   

Southern Cross Media Group Ltd.

     1,620,679         1,383,845   

Spotless Group Holdings Ltd.

     755,143         731,926   

Steadfast Group Ltd.(a)

     719,869         991,229   

Super Retail Group Ltd.(a)

     280,360         1,846,108   

Thorn Group Ltd.

     372,512         522,962   

Villa World Ltd.

     460,953         751,726   

Village Roadshow Ltd.

     297,734         1,186,385   

Western Areas Ltd.

     297,883         494,956   
     

 

 

 
Total Australia         123,026,563   
Austria – 0.5%      

Austria Technologie & Systemtechnik AG

     46,027         676,606   

Lenzing AG

     16,359         1,296,917   

RHI AG

     50,377         985,681   

S IMMO AG*

     99,164         920,856   

Schoeller-Bleckmann Oilfield Equipment AG

     17,178         1,047,469   

Semperit AG Holding

     17,884         692,911   
     

 

 

 
Total Austria         5,620,440   
Belgium – 2.0%      

Barco N.V.

     16,749         1,208,546   

Bekaert S.A.

     64,082         2,607,346   

Cofinimmo S.A.

     49,225         6,049,778   

D’ieteren S.A./N.V.

     42,255         1,781,613   

Econocom Group S.A./N.V.

     86,161         893,482   

Euronav N.V.

     82,913         849,502   

EVS Broadcast Equipment S.A.

     45,010         1,666,194   

Exmar N.V.(a)

     110,756         931,193   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Kinepolis Group N.V.

     22,065       $ 958,622   

Melexis N.V.

     37,005         2,015,681   

Warehouses De Pauw

     32,560         3,100,019   
     

 

 

 
Total Belgium               22,061,976   
China – 0.5%      

Beijing Tong Ren Tang Chinese Medicine Co., Ltd.

     648,392         675,430   

CITIC Telecom International Holdings Ltd.

     3,673,822         1,383,032   

CPMC Holdings Ltd.

     974,000         480,938   

Dah Chong Hong Holdings Ltd.

     2,722,000         1,108,936   

Goldpac Group Ltd.

     1,382,922         586,577   

Poly Property Group Co., Ltd.

     3,798,129         1,038,095   

Shougang Fushan Resources Group Ltd.(a)

     5,532,000         698,940   
     

 

 

 
Total China               5,971,948   
Denmark – 1.2%      

Dfds A/S

     70,141         2,553,332   

FLSmidth & Co. A/S(a)

     48,443         2,033,910   

Matas A/S

     56,838         1,151,896   

NKT Holding A/S

     21,175         1,223,612   

Royal Unibrew A/S

     47,807         2,310,665   

Schouw & Co.

     22,746         1,422,941   

SimCorp A/S

     29,244         1,351,729   

Spar Nord Bank A/S

     75,603         722,732   
     

 

 

 
Total Denmark               12,770,817   
Finland – 3.3%      

Aktia Bank Oyj

     67,234         752,374   

Aspo Oyj

     63,304         535,986   

Cargotec Oyj Class B

     37,026         1,197,859   

Caverion Corp.

     97,304         943,613   

Citycon Oyj

     1,342,906         3,394,226   

Cramo Oyj

     45,967         948,633   

F-Secure Oyj(a)

     183,984         551,403   

Fiskars Oyj Abp

     98,239         1,932,228   

Kemira Oyj

     242,344         2,709,161   

Kesko Oyj Class B(a)

     104,802         4,634,969   

Konecranes Oyj(a)

     84,848         2,028,526   

Lassila & Tikanoja Oyj

     43,123         785,762   

Metsa Board Oyj

     270,395         1,811,797   

PKC Group Oyj(a)

     30,660         543,645   

Raisio Oyj Class V

     207,007         1,021,425   

Ramirent Oyj

     262,899         1,722,623   

Sanoma Oyj(a)

     317,052         1,553,576   

Technopolis Oyj(a)

     268,943         1,149,278   

Tieto Oyj

     110,777         2,893,329   

Tikkurila Oyj

     74,507         1,355,076   

Uponor Oyj(a)

     82,702         1,202,542   

Valmet Oyj

     132,384         1,460,308   

YIT Oyj(a)

     128,666         729,295   
     

 

 

 
Total Finland               35,857,634   
France – 2.7%      

Albioma S.A.

     60,100         931,423   

Alten S.A.

     31,887         1,960,009   

Altran Technologies S.A.

     96,487       1,339,213   

Assystem

     54,431         1,476,240   

Bourbon S.A.(a)

     173,350         2,595,690   

Gaztransport Et Technigaz S.A.

     60,935         1,997,051   

IPSOS

     56,433         1,320,248   

Jacquet Metal Service

     39,611         571,005   

Lectra

     46,985         684,264   

Metropole Television S.A.

     216,605         3,955,488   

Neopost S.A.

     119,999         2,525,679   

Nexity S.A.

     97,558         5,091,134   

Saft Groupe S.A.

     38,296         1,160,394   

Sopra Steria Group

     10,975         1,298,807   

Tarkett S.A.

     70,820         2,223,367   

Technicolor S.A. Registered Shares

     129,808         812,096   
     

 

 

 
Total France               29,942,108   
Germany – 4.0%      

Aareal Bank AG

     68,462         2,221,893   

alstria office REIT-AG*

     171,884         2,483,638   

AURELIUS SE & Co. KGaA

     43,609         2,658,664   

BayWa AG(a)

     38,696         1,310,755   

Bechtle AG

     16,212         1,677,105   

Bertrandt AG

     7,360         845,838   

Borussia Dortmund GmbH & Co. KGaA

     165,171         756,647   

Carl Zeiss Meditec AG Bearer Shares

     51,752         1,600,555   

Comdirect Bank AG

     87,246         978,504   

CompuGroup Medical SE

     38,895         1,646,593   

Drillisch AG(a)

     94,078         3,864,263   

ElringKlinger AG

     56,780         1,558,388   

Gerresheimer AG

     13,144         1,032,451   

Gerry Weber International AG(a)

     67,074         942,434   

Grammer AG

     18,550         740,699   

Hamburger Hafen und Logistik AG

     55,554         819,187   

Indus Holding AG

     25,944         1,281,325   

Jenoptik AG

     51,381         822,645   

Leoni AG(a)

     30,351         1,048,835   

NORMA Group SE

     18,593         1,043,069   

Pfeiffer Vacuum Technology AG

     11,773         1,322,408   

RHOEN-KLINIKUM AG

     79,899         2,490,189   

Salzgitter AG

     16,127         457,325   

Sixt SE

     39,198         2,113,248   

Software AG

     56,044         2,194,081   

STADA Arzneimittel AG

     51,537         2,048,762   

Stroeer SE & Co KGaA(a)

     17,562         1,105,706   

Takkt AG

     48,858         939,813   

TLG Immobilien AG

     15,976         348,634   

VTG AG

     25,109         768,974   

Wacker Neuson SE

     56,166         894,776   
     

 

 

 
Total Germany               44,017,404   
Hong Kong – 1.3%      

Chong Hing Bank Ltd.

     444,000         904,423   

Dah Sing Financial Holdings Ltd.

     345,029         2,121,805   

Goldlion Holdings Ltd.

     3,359,000         1,281,838   

Hong Kong Aircraft Engineering Co., Ltd.(a)

     151,200         1,014,621   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      119   


Table of Contents

Schedule of Investments (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Hong Kong Ferry Holdings Co., Ltd.

     753,000       $ 856,239   

Hongkong & Shanghai Hotels Ltd. (The)

     1,168,000         1,239,293   

Kowloon Development Co., Ltd.

     1,620,000         1,514,204   

Lippo China Resources Ltd.

     15,060,000         450,448   

Liu Chong Hing Investment Ltd.

     594,000         676,971   

Melco International Development Ltd.(a)

     1,077,000         1,499,584   

Miramar Hotel & Investment

     482,000         832,690   

Vitasoy International Holdings Ltd.(a)

     604,364         1,128,232   

Welling Holding Ltd.

     5,271,518         849,527   
     

 

 

 
Total Hong Kong               14,369,875   
Indonesia – 0.1%      

Bumitama Agri Ltd.

     1,118,000         772,122   
Ireland – 0.8%      

C&C Group PLC

     500,426         2,263,935   

Greencore Group PLC

     350,184         1,887,448   

Irish Continental Group PLC

     313,693         1,948,206   

Origin Enterprises PLC

     126,834         971,267   

UDG Healthcare PLC

     197,075         1,654,214   
     

 

 

 
Total Ireland               8,725,070   
Israel – 2.1%      

B Communications Ltd.

     40,120         1,152,536   

Delek Automotive Systems Ltd.

     379,614         3,669,417   

Delta-Galil Industries Ltd.

     22,380         606,602   

Gazit-Globe Ltd.

     227,945         2,079,062   

Harel Insurance Investments & Financial Services Ltd.

     381,832         1,457,452   

Industrial Buildings Corp., Ltd.

     624,722         574,787   

Inrom Construction Industries Ltd.

     370,852         930,114   

Ituran Location and Control Ltd.

     53,557         1,054,188   

Jerusalem Economy Ltd.*

     328,681         609,714   

Magic Software Enterprises Ltd.

     104,256         710,754   

Matrix IT Ltd.

     171,949         1,099,980   

Melisron Ltd.

     49,912         1,796,274   

Menorah Mivtachim Holdings Ltd.*

     158,447         1,327,592   

Migdal Insurance & Financial Holding Ltd.

     2,523,889         1,752,188   

Osem Investments Ltd.*

     64,941         1,418,700   

Sella Capital Real Estate Ltd.

     792,872         1,246,409   

Shapir Engineering and Industry Ltd.

     348,725         558,220   

Shikun & Binui Ltd.

     881,203         1,563,406   
     

 

 

 
Total Israel               23,607,395   
Italy – 4.2%      

Anima Holding SpA(b)

     238,960         1,750,934   

Ansaldo STS SpA

     98,546         1,178,007   

Ascopiave SpA

     638,934         1,668,800   

Astaldi SpA(a)

     107,115         496,064   

ASTM SpA

     176,830         2,045,293   

Banca IFIS SpA

     85,482         2,835,636   

Banca Popolare di Sondrio SCARL

     210,485         739,243   

Cairo Communication SpA(a)

     181,931         974,817   

Cementir Holding SpA

     91,089         456,099   

Danieli & C. Officine Meccaniche SpA RSP

     54,639         856,129   

Datalogic SpA

     62,664         1,224,661   

DiaSorin SpA

     31,727       1,834,842   

Ei Towers SpA

     16,392         914,922   

ERG SpA

     212,555         2,896,917   

Falck Renewables SpA

     768,237         844,367   

Immobiliare Grande Distribuzione SIIQ SpA

     1,251,802         1,141,193   

Industria Macchine Automatiche SpA

     56,066         3,293,531   

Interpump Group SpA

     88,806         1,300,406   

Iren SpA

     1,587,793         2,849,758   

MARR SpA

     116,458         2,348,963   

Piaggio & C. SpA(a)

     325,616         692,019   

RAI Way SpA(b)

     252,711         1,359,251   

Salini Impregilo SpA

     168,951         715,050   

Societa Cattolica di Assicurazioni SCRL

     311,243         2,128,063   

Societa Iniziative Autostradali e Servizi SpA

     247,231         2,535,590   

Trevi Finanziaria Industriale SpA(a)

     447,512         764,944   

Unipol Gruppo Finanziario SpA

     542,900         2,199,962   

UnipolSai SpA

     950,897         2,204,032   

Vittoria Assicurazioni SpA

     56,260         547,509   

Zignago Vetro SpA

     160,620         1,057,940   
     

 

 

 
Total Italy               45,854,942   
Japan – 26.7%      

77 Bank Ltd. (The)

     271,000         959,633   

Accordia Golf Co., Ltd.

     54,900         516,298   

Adastria Co., Ltd.

     29,400         893,287   

ADEKA Corp.

     86,600         1,265,926   

Aeon Delight Co., Ltd.

     42,100         1,354,077   

Ai Holdings Corp.

     34,300         996,392   

Aica Kogyo Co., Ltd.

     36,300         763,497   

Aichi Steel Corp.

     204,940         804,115   

Aida Engineering Ltd.

     65,600         570,815   

Aisan Industry Co., Ltd.

     65,600         517,119   

Akita Bank Ltd. (The)

     302,000         824,894   

Alpen Co., Ltd.(a)

     40,800         673,738   

Amano Corp.

     70,600         1,116,208   

Anritsu Corp.(a)

     157,365         866,666   

AOKI Holdings, Inc.

     60,600         733,271   

Aoyama Trading Co., Ltd.

     39,200         1,508,430   

Arcs Co., Ltd.

     37,300         836,632   

Ariake Japan Co., Ltd.

     31,000         1,820,366   

Asahi Diamond Industrial Co., Ltd.

     53,300         478,488   

Ashikaga Holdings Co., Ltd.

     178,800         512,243   

ASKUL Corp.(a)

     26,188         1,067,139   

Autobacs Seven Co., Ltd.

     86,000         1,453,801   

Avex Group Holdings, Inc.

     42,300         552,107   

Axell Corp.

     100,100         752,565   

Azbil Corp.

     67,800         1,737,905   

Bando Chemical Industries Ltd.

     142,000         643,071   

Bank of Nagoya Ltd. (The)(a)

     173,000         569,509   

Bank of Saga Ltd. (The)

     366,764         691,792   

Bank of the Ryukyus Ltd.

     53,800         605,038   

Belluna Co., Ltd.

     149,200         757,980   

Calsonic Kansei Corp.

     132,000         982,998   

Canon Electronics, Inc.

     48,200         710,167   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Capcom Co., Ltd.

     41,400       $ 1,011,104   

Central Glass Co., Ltd.

     234,000         1,272,067   

Chiyoda Co., Ltd.

     36,000         1,037,769   

Citizen Holdings Co., Ltd.

     175,000         993,372   

Cleanup Corp.

     81,600         559,754   

Coca-Cola East Japan Co., Ltd.

     49,800         827,674   

Coca-Cola West Co., Ltd.

     59,600         1,477,340   

COMSYS Holdings Corp.(a)

     79,600         1,230,880   

CONEXIO Corp.

     64,100         649,013   

Daido Steel Co., Ltd.

     246,000         853,597   

Daifuku Co., Ltd.

     61,100         1,031,244   

Daiichikosho Co., Ltd.

     42,700         1,861,560   

Daikyo, Inc.

     680,000         1,082,966   

Daio Paper Corp.(a)

     48,600         410,351   

Daishi Bank Ltd. (The)

     332,000         1,143,147   

Daiwabo Holdings Co., Ltd.

     463,000         865,074   

DCM Holdings Co., Ltd.

     154,000         1,113,946   

Denka Co., Ltd.

     440,000         1,812,536   

Doshisha Co., Ltd.

     37,100         683,938   

Doutor Nichires Holdings Co., Ltd.

     38,700         625,976   

Dynam Japan Holdings Co., Ltd.

     1,369,451         1,973,875   

Earth Chemical Co., Ltd.

     27,300         1,105,165   

Ebara Corp.

     312,000         1,304,684   

EDION Corp.(a)

     111,500         847,200   

Eighteenth Bank Ltd. (The)

     316,000         702,878   

Exedy Corp.

     42,600         943,003   

Fancl Corp.

     50,800         693,785   

Fields Corp.

     37,800         631,934   

Foster Electric Co., Ltd.

     34,585         730,502   

France Bed Holdings Co., Ltd.

     119,000         1,097,940   

Fuji Corp., Ltd.(a)

     132,400         805,744   

Fuji Oil Holdings, Inc.

     42,800         772,643   

Fujikura Ltd.

     141,000         664,887   

Fujimi, Inc.

     50,841         678,513   

Fujitec Co., Ltd.

     56,500         576,084   

Fujitsu General Ltd.

     41,000         633,631   

Fukuyama Transporting Co., Ltd.(a)

     135,000         659,415   

Funai Soken Holdings, Inc.

     102,300         1,647,431   

Furukawa Co., Ltd.

     367,000         542,035   

Fuso Pharmaceutical Industries Ltd.

     285,000         659,282   

Geo Holdings Corp.(a)

     115,400         1,921,023   

Glory Ltd.

     31,600         1,075,404   

GMO Internet, Inc.

     74,824         1,000,583   

Goldcrest Co., Ltd.

     31,800         475,890   

GS Yuasa Corp.

     274,000         1,172,597   

Gulliver International Co., Ltd.(a)

     66,140         824,433   

Gunze Ltd.

     282,000         797,865   

H-One Co., Ltd.

     99,400         486,410   

H2O Retailing Corp.

     40,300         696,676   

Hakuto Co., Ltd.

     73,894         651,532   

Hanwa Co., Ltd.

     239,000         1,010,054   

Heiwa Corp.

     121,700         2,526,145   

Heiwado Co., Ltd.

     70,100         1,456,947   

Higashi-Nippon Bank Ltd. (The)

     359,000         883,874   

Hiramatsu, Inc.(a)

     85,600       565,107   

Hitachi Koki Co., Ltd.

     83,500         552,729   

Hitachi Kokusai Electric, Inc.

     65,600         789,686   

Hitachi Maxell Ltd.

     54,800         835,201   

Hitachi Transport System Ltd.

     41,800         699,921   

Hitachi Zosen Corp.

     100,900         479,386   

Hokkoku Bank Ltd. (The)

     163,000         429,272   

Hokuetsu Bank Ltd. (The)

     300,000         485,787   

Hokuetsu Kishu Paper Co., Ltd.(a)

     193,500         1,155,198   

Hokuto Corp.

     33,800         669,414   

Horiba Ltd.

     25,000         934,205   

Hosokawa Micron Corp.

     126,000         637,875   

Hyakujushi Bank Ltd. (The)

     163,000         458,277   

Idec Corp.

     68,800         654,976   

Inaba Denki Sangyo Co., Ltd.

     33,400         1,053,454   

Inabata & Co., Ltd.

     79,900         793,349   

IT Holdings Corp.

     47,500         1,125,851   

Ito En Ltd.(a)

     42,100         1,331,603   

Itochu Enex Co., Ltd.

     162,400         1,304,748   

Itoham Foods, Inc.(a)

     110,000         721,295   

IwaiCosmo Holdings, Inc.

     80,900         787,443   

Iwatani Corp.(a)

     114,000         663,339   

J-Oil Mills, Inc.

     276,000         844,735   

Japan Aviation Electronics Industry Ltd.

     44,000         515,966   

Japan Steel Works Ltd. (The)

     124,000         391,654   

Jimoto Holdings, Inc.

     327,200         430,852   

Juroku Bank Ltd. (The)

     266,000         795,196   

K’s Holdings Corp.(a)

     36,300         1,204,671   

kabu.com Securities Co., Ltd.

     485,000         1,553,450   

Kaga Electronics Co., Ltd.

     52,600         668,293   

Kamigumi Co., Ltd.

     95,000         895,102   

Kandenko Co., Ltd.(a)

     143,000         1,021,656   

Kaneka Corp.

     188,000         1,612,456   

Kanematsu Corp.

     354,000         516,535   

Kansai Urban Banking Corp.

     67,900         669,968   

Kato Sangyo Co., Ltd.

     37,800         935,962   

Kawasaki Kisen Kaisha Ltd.(a)

     801,000         1,553,610   

Keiyo Bank Ltd. (The)

     133,000         481,614   

Kiyo Bank Ltd. (The)

     75,491         857,036   

Koatsu Gas Kogyo Co., Ltd.

     123,000         700,387   

Kohnan Shoji Co., Ltd.

     58,600         873,304   

Kokuyo Co., Ltd.

     104,300         1,222,146   

Konaka Co., Ltd.

     86,900         426,015   

Kurabo Industries Ltd.

     387,000         671,427   

KYB Corp.

     291,000         862,165   

Kyokuto Kaihatsu Kogyo Co., Ltd.

     61,600         623,700   

Kyokuto Securities Co., Ltd.(a)

     77,000         926,919   

KYORIN Holdings, Inc.

     60,800         1,159,795   

Kyosan Electric Manufacturing Co., Ltd.

     235,000         735,976   

Kyoto Kimono Yuzen Co., Ltd.(a)

     100,100         766,814   

Kyowa Exeo Corp.

     87,900         977,579   

Kyushu Financial Group, Inc.

     164,300         948,714   

Lintec Corp.

     52,830         946,658   

Lion Corp.

     210,000         2,371,013   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      121   


Table of Contents

Schedule of Investments (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Maeda Road Construction Co., Ltd.

     51,000       $ 842,173   

Makino Milling Machine Co., Ltd.

     61,000         373,940   

Mandom Corp.

     22,430         999,816   

Maruha Nichiro Corp.

     38,800         724,598   

Marusan Securities Co., Ltd.(a)

     160,300         1,511,793   

Matsui Securities Co., Ltd.(a)

     315,700         2,693,681   

Matsumotokiyoshi Holdings Co., Ltd.

     36,200         1,897,042   

Max Co., Ltd.

     58,547         602,165   

MegaChips Corp.(a)

     75,900         854,251   

Megmilk Snow Brand Co., Ltd.

     57,600         1,449,801   

Meidensha Corp.

     199,000         908,288   

Meitec Corp.

     40,900         1,431,928   

Mie Bank Ltd. (The)

     326,056         580,197   

Minato Bank Ltd. (The)

     435,787         585,469   

Ministop Co., Ltd.

     37,800         689,107   

Mirait Holdings Corp.

     60,600         483,096   

Misawa Homes Co., Ltd.(a)

     71,600         474,594   

Mitsubishi Shokuhin Co., Ltd.

     31,800         809,748   

Mitsui Engineering & Shipbuilding Co., Ltd.

     326,000         487,282   

Mitsui Home Co., Ltd.

     152,775         714,975   

Mitsui Mining & Smelting Co., Ltd.

     605,000         968,904   

Mitsui-Soko Holdings Co., Ltd.

     241,000         643,267   

Miura Co., Ltd.

     76,000         1,420,668   

Miyazaki Bank Ltd. (The)

     221,000         538,761   

Mochida Pharmaceutical Co., Ltd.

     14,100         1,048,766   

Monex Group, Inc.

     309,438         801,161   

Morinaga Milk Industry Co., Ltd.

     224,000         1,201,762   

Musashino Bank Ltd. (The)

     28,800         726,438   

NAC Co., Ltd.(a)

     85,750         665,279   

Nachi-Fujikoshi Corp.

     154,000         537,106   

Nagaileben Co., Ltd.

     31,800         654,702   

Nagase & Co., Ltd.

     84,700         932,194   

Nankai Electric Railway Co., Ltd.

     217,000         1,179,652   

NDS Co., Ltd.

     303,970         838,389   

NEC Networks & System Integration Corp.

     37,700         586,992   

NET One Systems Co., Ltd.

     123,000         665,368   

Nichias Corp.

     131,000         784,403   

Nichiha Corp.

     58,000         878,811   

Nichirei Corp.

     250,000         2,037,457   

Nifco, Inc.

     38,900         1,872,405   

Nihon House Holdings Co., Ltd.(a)

     149,000         538,227   

Nihon Kohden Corp.

     44,400         1,105,309   

Nihon Parkerizing Co., Ltd.

     68,200         617,711   

Nihon Unisys Ltd.(a)

     66,400         880,843   

Nikkon Holdings Co., Ltd.

     52,200         947,444   

Nippo Corp.

     42,000         707,380   

Nippon Coke & Engineering Co., Ltd.

     682,700         492,003   

Nippon Denko Co., Ltd.

     309,100         495,022   

Nippon Flour Mills Co., Ltd.

     226,194         1,861,555   

Nippon Kayaku Co., Ltd.

     98,000         992,251   

Nippon Light Metal Holdings Co., Ltd.(a)

     442,600         728,511   

Nippon Paper Industries Co., Ltd.(a)

     81,000         1,443,507   

Nippon Road Co., Ltd. (The)

     164,000         763,130   

Nippon Shinyaku Co., Ltd.

     20,300         794,697   

Nippon Soda Co., Ltd.

     95,000       479,247   

Nippon Steel & Sumikin Bussan Corp.

     275,736         919,979   

Nippon Valqua Industries Ltd.

     290,000         761,155   

Nipro Corp.

     180,691         1,718,570   

Nishi-Nippon City Bank Ltd. (The)

     599,000         1,060,554   

Nishi-Nippon Railroad Co., Ltd.

     242,000         1,580,391   

Nishimatsu Construction Co., Ltd.

     197,000         846,577   

Nisshin Steel Co., Ltd.

     96,000         1,121,473   

Nisshinbo Holdings, Inc.

     67,200         714,480   

Nissin Kogyo Co., Ltd.

     51,900         700,035   

Nitta Corp.

     21,800         549,873   

Nitto Kogyo Corp.

     37,800         603,347   

Noevir Holdings Co., Ltd.

     28,800         828,934   

NOF Corp.

     93,000         660,296   

Noritake Co., Ltd.

     259,000         585,311   

North Pacific Bank Ltd.

     151,800         384,919   

NS Solutions Corp.

     75,600         1,485,835   

NSD Co., Ltd.

     75,600         1,119,253   

Ohsho Food Service Corp.

     21,800         670,128   

Oiles Corp.

     32,800         491,146   

Oita Bank Ltd. (The)

     138,000         430,962   

Okabe Co., Ltd.

     74,600         533,639   

Okamura Corp.

     52,300         500,222   

Oki Electric Industry Co., Ltd.(a)

     540,000         763,913   

OKUMA Corp.(a)

     63,000         441,132   

Okumura Corp.

     163,000         862,894   

Okuwa Co., Ltd.

     69,000         616,976   

Onoken Co., Ltd.

     62,600         549,167   

Onward Holdings Co., Ltd.

     169,000         1,156,288   

OSG Corp.(a)

     54,800         1,024,377   

Pal Co., Ltd.

     22,000         551,786   

Paltac Corp.

     75,876         1,345,441   

PanaHome Corp.

     117,000         879,621   

Paramount Bed Holdings Co., Ltd.(a)

     20,100         735,900   

Park24 Co., Ltd.

     110,500         3,096,890   

Plenus Co., Ltd.

     47,000         848,881   

Relo Holdings, Inc.

     10,199         1,369,304   

Rengo Co., Ltd.

     227,000         1,147,169   

Ricoh Leasing Co., Ltd.

     20,800         619,031   

Riso Kagaku Corp.

     45,500         702,772   

Rohto Pharmaceutical Co., Ltd.

     43,800         798,879   

Round One Corp.

     98,900         558,757   

Ryobi Ltd.

     207,000         817,723   

Ryoden Trading Co., Ltd.

     85,000         499,133   

Ryosan Co., Ltd.

     30,386         760,225   

Saibu Gas Co., Ltd.

     376,000         869,790   

Saizeriya Co., Ltd.

     42,500         876,129   

San-Ai Oil Co., Ltd.

     80,000         581,521   

San-In Godo Bank Ltd. (The)

     119,800         741,855   

Sanden Holdings Corp.(a)

     276,000         790,711   

Sangetsu Co., Ltd.

     51,800         940,645   

Sankyu, Inc.

     261,000         1,193,594   

Sanoh Industrial Co., Ltd.

     104,400         571,253   

Sanrio Co., Ltd.(a)

     62,400         1,221,962   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Sanwa Holdings Corp.

     199,000       $ 1,481,943   

Sanyo Chemical Industries Ltd.

     90,000         634,993   

Sapporo Holdings Ltd.

     248,000         1,235,642   

Sato Holdings Corp.

     33,000         703,483   

Sawai Pharmaceutical Co., Ltd.

     17,000         1,066,329   

Seika Corp.

     230,000         464,522   

Seiko Holdings Corp.

     111,000         440,464   

Seino Holdings Co., Ltd.

     81,200         876,334   

Sekisui Jushi Corp.

     47,800         641,331   

Senko Co., Ltd.(a)

     167,000         1,019,280   

Senshu Ikeda Holdings, Inc.

     230,800         831,656   

Senshukai Co., Ltd.(a)

     105,400         675,190   

Shikoku Bank Ltd. (The)

     288,000         556,039   

Shimachu Co., Ltd.

     33,800         808,048   

Shinko Electric Industries Co., Ltd.

     126,500         712,438   

Shinsho Corp.

     227,680         413,245   

Ship Healthcare Holdings, Inc.

     43,800         1,104,791   

Showa Corp.

     88,600         774,102   

Showa Denko K.K.(a)

     816,000         842,173   

SKY Perfect JSAT Holdings, Inc.

     200,500         1,168,446   

Sotetsu Holdings, Inc.

     390,000         2,394,235   

Space Co., Ltd.

     60,600         733,271   

St. Marc Holdings Co., Ltd.

     20,100         555,278   

Star Micronics Co., Ltd.

     63,100         708,503   

Starts Corp., Inc.

     39,800         886,687   

Starzen Co., Ltd.

     22,500         629,588   

Sumitomo Bakelite Co., Ltd.

     273,000         1,071,160   

Sumitomo Forestry Co., Ltd.

     80,700         928,379   

Sumitomo Osaka Cement Co., Ltd.

     316,000         1,242,689   

Sumitomo Real Estate Sales Co., Ltd.

     41,700         803,985   

Sumitomo Riko Co., Ltd.

     78,600         686,032   

Sumitomo Warehouse Co., Ltd. (The)

     174,295         888,572   

T-Gaia Corp.(a)

     66,500         770,937   

Tadano Ltd.

     67,000         622,937   

Taiyo Holdings Co., Ltd.

     38,659         1,310,475   

Takara Standard Co., Ltd.

     83,000         755,452   

Takasago Thermal Engineering Co., Ltd.(a)

     103,400         1,300,837   

Takiron Co., Ltd.

     122,000         605,685   

Toagosei Co., Ltd.

     105,700         881,186   

Tochigi Bank Ltd. (The)

     122,000         464,576   

Toda Corp.

     163,000         788,932   

Toei Co., Ltd.

     67,000         597,304   

Toho Bank Ltd. (The)

     300,000         963,566   

Toho Holdings Co., Ltd.(a)

     42,500         910,539   

TOKAI Holdings Corp.(a)

     165,200         861,312   

Tokai Rika Co., Ltd.

     81,287         1,531,793   

Tokyo Seimitsu Co., Ltd.

     31,000         608,719   

Tokyo TY Financial Group, Inc.

     20,100         467,650   

Tokyotokeiba Co., Ltd.(a)

     254,000         510,735   

TOMONY Holdings, Inc.

     155,790         461,569   

Toppan Forms Co., Ltd.

     109,200         1,217,382   

Toshiba Machine Co., Ltd.

     129,000         397,117   

Toyo Ink SC Holdings Co., Ltd.

     281,000         1,127,550   

Toyo Securities Co., Ltd.

     316,000         790,035   

Toyobo Co., Ltd.

     834,694       1,255,067   

Transcosmos, Inc.(a)

     31,500         819,485   

TS Tech Co., Ltd.

     36,000         843,667   

Tsubakimoto Chain Co.

     90,000         558,121   

Tsugami Corp.(a)

     110,247         401,184   

Tsumura & Co.(a)

     60,600         1,456,837   

UACJ Corp.(a)

     367,540         745,577   

Ube Industries Ltd.

     865,000         1,531,518   

Union Tool Co.(a)

     14,000         368,451   

Unipres Corp.

     25,700         448,398   

United Arrows Ltd.

     28,400         1,176,227   

Universal Entertainment Corp.

     46,600         774,905   

Unizo Holdings Co., Ltd.(a)

     24,900         1,073,362   

UNY Group Holdings Co., Ltd.

     226,300         1,596,654   

Ushio, Inc.

     68,600         913,080   

Valor Holdings Co., Ltd.

     50,100         1,265,483   

Vital KSK Holdings, Inc.

     91,600         723,705   

Wacoal Holdings Corp.

     80,000         955,914   

Wacom Co., Ltd.(a)

     231,100         980,779   

Wakita & Co., Ltd.

     62,600         523,546   

Yamazen Corp.

     89,200         678,553   

Yuasa Trading Co., Ltd.

     37,200         875,430   

Yumeshin Holdings Co., Ltd.(a)

     122,600         677,384   

Zenrin Co., Ltd.

     44,100         887,140   

Zeon Corp.

     115,000         744,873   
     

 

 

 
Total Japan               293,363,543   
Netherlands – 1.2%      

Accell Group

     45,081         960,915   

Amsterdam Commodities N.V.

     46,993         1,268,085   

Arcadis N.V.

     75,663         1,413,176   

BE Semiconductor Industries N.V.

     88,896         2,440,353   

Beter Bed Holding N.V.

     24,906         624,396   

BinckBank N.V.

     115,409         861,419   

Brunel International N.V.

     80,497         1,697,471   

Kendrion N.V.

     24,273         598,846   

NSI N.V.

     437,928         2,082,997   

TKH Group N.V. CVA

     40,290         1,727,687   
     

 

 

 
Total Netherlands               13,675,345   
New Zealand – 5.1%      

Air New Zealand Ltd.

     2,389,767         4,745,354   

EBOS Group Ltd.

     255,043         3,045,712   

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

     725,992         4,939,750   

Fonterra Co-operative Group Ltd.(a)

     216,555         891,600   

Freightways Ltd.

     235,733         1,039,301   

Genesis Energy Ltd.(a)

     3,853,587         5,484,867   

Heartland Bank Ltd.(a)

     1,251,639         1,051,505   

Infratil Ltd.(a)

     1,063,675         2,422,311   

Kathmandu Holdings Ltd.(a)

     1,128,578         1,292,893   

Kiwi Property Group Ltd.

     2,322,910         2,330,490   

Mainfreight Ltd.(a)

     74,327         818,459   

Meridian Energy Ltd.

     3,122,308         5,679,683   

Nuplex Industries Ltd.

     365,638         1,320,084   

Restaurant Brands New Zealand Ltd.

     283,137         955,388   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      123   


Table of Contents

Schedule of Investments (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Skellerup Holdings Ltd.

     1,057,291       $ 939,618   

SKY Network Television Ltd.

     923,236         3,192,193   

SKYCITY Entertainment Group Ltd.

     1,087,556         3,783,000   

Tower Ltd.

     595,355         735,772   

Trade Me Group Ltd.

     933,368         2,857,844   

TrustPower Ltd.

     707,655         3,763,547   

Z Energy Ltd.

     900,263         4,219,104   
     

 

 

 
Total New Zealand               55,508,475   
Norway – 3.7%      

ABG Sundal Collier Holding ASA

     1,621,102         1,230,832   

Aker ASA Class A

     167,479         3,128,367   

American Shipping Co. ASA*

     70,144         234,909   

Atea ASA*

     276,526         2,641,143   

Austevoll Seafood ASA

     365,600         3,005,688   

Borregaard ASA

     125,973         845,277   

Entra ASA(b)

     243,765         2,298,766   

Kongsberg Gruppen ASA(a)

     119,462         1,964,254   

Leroy Seafood Group ASA

     89,816         4,245,798   

Norway Royal Salmon ASA

     12,683         167,906   

Ocean Yield ASA(a)

     373,638         2,507,107   

Protector Forsikring ASA

     128,571         1,169,710   

Salmar ASA

     350,084         8,592,057   

Selvaag Bolig ASA

     229,080         700,707   

SpareBank 1 Nord Norge

     224,611         1,018,336   

SpareBank 1 SMN

     155,258         990,160   

SpareBank 1 SR-Bank ASA

     168,138         825,317   

Tomra Systems ASA

     143,667         1,498,114   

Veidekke ASA

     195,250         2,655,660   

XXL ASA(b)

     107,435         1,311,886   
     

 

 

 
Total Norway               41,031,994   
Portugal – 0.6%      

Altri, SGPS, S.A.

     155,720         680,524   

CTT-Correios de Portugal S.A.

     228,796         2,156,192   

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

     764,878         2,512,001   

Semapa-Sociedade de Investimento e Gestao

     129,333         1,709,625   
     

 

 

 
Total Portugal               7,058,342   
Singapore – 3.4%      

Accordia Golf Trust

     3,765,100         1,677,603   

Asian Pay Television Trust

     5,819,300         2,420,027   

Chip Eng Seng Corp., Ltd.

     2,302,978         1,214,254   

CWT Ltd.(a)

     660,276         961,043   

Dyna-Mac Holdings Ltd.(a)

     5,136,700         549,298   

First Resources Ltd.(a)

     1,030,400         1,545,677   

GuocoLand Ltd.(a)

     606,800         811,109   

Ho Bee Land Ltd.

     501,300         815,273   

Hyflux Ltd.(a)

     1,449,600         645,893   

Keppel Infrastructure Trust

     3,819,800         1,404,130   

Lian Beng Group Ltd.

     2,446,500         872,063   

Low Keng Huat Singapore Ltd.

     1,857,000         854,998   

M1 Ltd.(a)

     1,828,900         3,531,219   

OSIM International Ltd.(a)

     1,124,200         1,143,735   

Pacc Offshore Services Holdings Ltd.

     3,634,800         971,727   

Pacific Radiance Ltd.(a)

     2,733,742       690,236   

Petra Foods Ltd.

     530,003         1,102,041   

QAF Ltd.

     755,000         577,491   

Raffles Education Corp., Ltd.(a)

     2,466,400         402,947   

Raffles Medical Group Ltd.(a)

     366,500         1,227,473   

Religare Health Trust

     1,991,632         1,449,428   

Rotary Engineering Ltd.

     1,872,600         500,621   

Sheng Siong Group Ltd.

     1,632,200         1,018,155   

SMRT Corp., Ltd.(a)

     970,100         1,087,815   

Super Group Ltd.

     1,198,500         881,119   

Swissco Holdings Ltd.

     3,319,800         465,946   

UMS Holdings Ltd.

     2,251,467         944,660   

United Engineers Ltd.

     843,589         1,465,913   

UOB-Kay Hian Holdings Ltd.

     560,900         583,143   

Venture Corp., Ltd.

     527,744         3,276,355   

Wee Hur Holdings Ltd.

     2,727,799         546,937   

Wing Tai Holdings Ltd.(a)

     715,400         935,025   

Yanlord Land Group Ltd.

     1,109,000         1,004,738   
     

 

 

 
Total Singapore               37,578,092   
Spain – 0.8%      

Cie Automotive S.A.

     94,419         1,705,384   

Duro Felguera S.A.(a)

     511,807         892,342   

Ence Energia y Celulosa S.A.

     302,051         1,020,560   

Faes Farma S.A.

     288,616         911,032   

Indra Sistemas S.A.*(a)

     217,522         2,534,546   

Obrascon Huarte Lain S.A.(a)

     154,570         987,971   

Papeles y Cartones de Europa S.A.

     122,379         780,262   

Pescanova S.A.†*

     7,082         0   
     

 

 

 
Total Spain               8,832,097   
Sweden – 6.4%      

Acando AB

     538,802         1,315,983   

AF AB Class B

     94,958         1,745,315   

Atrium Ljungberg AB Class B

     118,649         2,056,347   

Avanza Bank Holding AB

     24,640         1,100,285   

Betsson AB*

     86,915         1,350,894   

Bilia AB Class A

     102,302         2,296,738   

Byggmax Group AB

     83,542         767,745   

Castellum AB

     242,607         3,863,540   

Clas Ohlson AB Class B

     94,812         1,812,804   

Com Hem Holding AB

     74,276         685,798   

Duni AB

     91,424         1,519,655   

Elekta AB Class B(a)

     482,490         3,609,732   

Fabege AB

     238,428         4,032,279   

Haldex AB(a)

     59,707         526,608   

HIQ International AB*

     139,658         861,374   

Holmen AB Class B

     77,493         2,540,817   

Indutrade AB

     34,750         2,135,573   

Intrum Justitia AB

     73,028         2,579,992   

Inwido AB

     27,550         339,842   

JM AB

     93,612         2,431,900   

KappAhl AB

     156,765         624,608   

KNOW IT AB

     112,539         916,227   

Kungsleden AB

     170,002         1,205,807   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Lifco AB Class B

     39,752       $ 1,068,984   

Lindab International AB

     73,233         585,831   

Loomis AB Class B

     76,147         2,155,715   

Mekonomen AB

     55,765         1,382,654   

Modern Times Group MTG AB Class B

     103,607         3,108,197   

NCC AB Class B

     130,713         4,767,888   

NetEnt AB*

     24,085         1,361,906   

Nobia AB

     108,371         1,134,950   

Nolato AB Class B

     44,222         1,241,011   

Nordnet AB Class B

     190,492         815,384   

Peab AB

     348,895         3,087,966   

Platzer Fastigheter Holding AB Class B

     124,019         680,776   

Ratos AB Class B

     437,243         2,807,369   

Scandi Standard AB

     92,876         675,945   

SkiStar AB

     59,998         862,221   

Svenska Handelsbanken AB Class B

     2,411         33,637   

Sweco AB Class B

     107,173         1,763,588   

Wihlborgs Fastigheter AB

     105,815         2,250,300   
     

 

 

 
Total Sweden               70,104,185   
Switzerland – 1.8%      

Allreal Holding AG Registered Shares*

     23,236         3,377,488   

Ascom Holding AG Registered Shares

     44,912         846,511   

BKW AG(a)

     60,297         2,543,726   

Cembra Money Bank AG*

     53,457         3,751,173   

Daetwyler Holding AG Bearer Shares

     8,882         1,329,077   

EFG International AG*

     106,103         609,373   

Gategroup Holding AG*

     21,152         949,758   

Implenia AG Registered Shares

     21,527         1,355,483   

Kudelski S.A. Bearer Shares

     51,649         884,502   

Mobilezone Holding AG Registered Shares

     52,799         799,442   

Swissquote Group Holding S.A. Registered Shares

     16,399         409,269   

Tecan Group AG Registered Shares

     6,383         973,797   

Temenos Group AG Registered Shares*

     28,094         1,543,094   
     

 

 

 
Total Switzerland               19,372,693   
United Kingdom – 15.5%      

A.G.Barr PLC

     88,248         672,246   

Abcam PLC

     124,220         1,053,394   

Acacia Mining PLC

     230,306         931,156   

Assura PLC

     814,928         621,958   

AVEVA Group PLC

     32,208         729,108   

BBA Aviation PLC

     1,069,804         3,081,409   

BGEO Group PLC

     49,600         1,445,763   

Big Yellow Group PLC

     162,545         1,809,433   

Bodycote PLC

     314,735         2,730,044   

Bovis Homes Group PLC

     147,050         1,968,771   

Brammer PLC

     200,280         501,600   

Brewin Dolphin Holdings PLC

     338,705         1,262,813   

Card Factory PLC

     241,660         1,135,795   

Carillion PLC(a)

     904,009         3,821,336   

Central Asia Metals PLC

     321,309         761,999   

Chesnara PLC

     252,035         1,195,425   

Cineworld Group PLC

     274,300         2,119,101   

Computacenter PLC

     121,166       1,462,876   

Concentric AB

     43,519         493,881   

Connect Group PLC

     465,763         1,064,411   

Costain Group PLC

     189,634         968,954   

Countrywide PLC

     228,166         1,264,548   

Cranswick PLC

     52,954         1,623,443   

Crest Nicholson Holdings PLC

     250,876         2,030,088   

Dairy Crest Group PLC

     241,996         2,151,272   

Darty PLC

     817,891         1,539,977   

De La Rue PLC

     264,192         1,697,362   

Debenhams PLC

     1,901,123         2,054,828   

Dechra Pharmaceuticals PLC

     81,889         1,419,451   

Devro PLC

     212,956         900,645   

Dignity PLC

     7,485         266,695   

Diploma PLC

     102,475         1,094,345   

Domino’s Pizza Group PLC

     182,239         2,640,276   

Drax Group PLC(a)

     500,134         1,955,971   

E2V Technologies PLC

     331,344         1,023,917   

Electrocomponents PLC

     820,938         2,848,361   

Elementis PLC

     281,095         967,219   

EMIS Group PLC

     65,041         947,922   

esure Group PLC

     597,545         2,348,959   

Fenner PLC

     495,534         965,073   

Fidessa Group PLC

     49,950         1,753,188   

Foxtons Group PLC

     239,043         559,171   

Galliford Try PLC

     100,685         2,076,654   

GAME Digital PLC(a)

     201,020         361,158   

Genus PLC

     44,608         980,319   

Go-Ahead Group PLC

     63,942         2,435,452   

Greggs PLC

     105,850         1,653,742   

Halfords Group PLC

     276,779         1,575,743   

Hargreaves Services PLC

     137,639         353,124   

Helical Bar PLC

     173,870         964,627   

Hill & Smith Holdings PLC

     132,958         1,725,638   

Hilton Food Group PLC

     98,443         709,583   

Home Retail Group PLC

     714,697         1,703,154   

HomeServe PLC

     401,087         2,482,333   

Hunting PLC

     204,723         942,330   

Interserve PLC

     188,330         1,174,239   

ITE Group PLC

     435,602         920,353   

J D Wetherspoon PLC(a)

     77,925         787,931   

James Fisher & Sons PLC

     32,297         612,286   

James Halstead PLC

     208,692         1,215,559   

John Menzies PLC

     105,282         718,400   

Johnson Service Group PLC

     452,209         591,464   

Just Retirement Group PLC

     343,022         778,487   

Kcom Group PLC

     1,074,277         1,659,863   

Keller Group PLC

     58,231         719,362   

Kier Group PLC

     127,115         2,347,726   

Ladbrokes PLC

     2,731,510         4,581,641   

Laird PLC

     459,843         2,518,152   

Lookers PLC

     384,725         875,897   

LSL Property Services PLC

     149,191         616,493   

Marshalls PLC

     241,745         1,236,958   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      125   


Table of Contents

Schedule of Investments (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Marston’s PLC

     1,093,009       $ 2,387,892   

McColl’s Retail Group PLC

     261,422         617,156   

Mears Group PLC

     99,600         599,104   

Mediclinic International PLC

     56,414         726,511   

Mitie Group PLC

     429,916         1,588,050   

Moneysupermarket.com Group PLC

     801,708         3,660,841   

Morgan Advanced Materials PLC

     295,441         964,776   

Morgan Sindall Group PLC

     69,249         803,718   

N Brown Group PLC

     450,621         2,116,610   

National Express Group PLC

     720,163         3,554,500   

NCC Group PLC

     235,782         848,918   

NMC Health PLC

     92,526         1,405,679   

Northgate PLC

     71,466         414,159   

Nostrum Oil & Gas PLC

     215,203         736,161   

Novae Group PLC

     127,343         1,606,089   

Numis Corp. PLC

     226,523         651,163   

OneSavings Bank PLC

     145,659         696,736   

Pan African Resources PLC

     7,674,216         1,489,070   

PayPoint PLC

     96,147         1,033,677   

Pendragon PLC

     1,241,544         651,332   

Pets at Home Group PLC

     13,182         50,985   

Photo-Me International PLC

     381,465         974,567   

Polar Capital Holdings PLC

     230,361         1,195,263   

Polypipe Group PLC

     109,955         504,458   

Premier Farnell PLC

     778,854         1,262,176   

PZ Cussons PLC(a)

     318,892         1,384,656   

QinetiQ Group PLC

     452,970         1,484,403   

Rank Group PLC

     397,872         1,452,528   

Redde PLC

     637,022         1,529,038   

Redrow PLC

     99,824         577,208   

Restaurant Group PLC (The)

     173,767         980,539   

Ricardo PLC

     61,181         736,020   

RPC Group PLC(a)

     269,204         2,938,710   

RPS Group PLC

     331,757         989,431   

RWS Holdings PLC

     351,561         1,049,758   

Safestore Holdings PLC

     173,260         835,982   

Savills PLC

     117,762         1,286,371   

Schroders PLC Non-Voting Shares

     63,661         1,850,129   

Senior PLC

     237,967         780,170   

Shanks Group PLC

     413,020         492,716   

SIG PLC

     450,007         944,321   

Soco International PLC

     748,638         1,705,487   

Spirent Communications PLC

     669,726         847,085   

SSP Group PLC

     18,457         76,879   

St. Ives PLC

     125,034         407,046   

St. Modwen Properties PLC

     104,182         452,966   

SThree PLC

     162,044         730,742   

Synthomer PLC

     289,346         1,515,040   

Ted Baker PLC

     23,259         910,303   

Telecom Plus PLC(a)

     157,361         2,081,940   

TT electronics PLC

     290,887         622,957   

Tullett Prebon PLC

     370,448         1,872,076   

Tyman PLC

     160,863         684,955   

U & I Group PLC

     163,385         437,964   

Ultra Electronics Holdings PLC

    44,864       1,163,919   

Unite Group PLC (The)

    99,761         912,655   

Vesuvius PLC

    382,078         1,821,566   

WS Atkins PLC

    95,052         1,871,670   

Xchanging PLC

    334,965         919,560   

Zoopla Property Group PLC(b)

    143,450         515,452   
    

 

 

 
Total United Kingdom              170,604,685   
TOTAL COMMON STOCKS
(Cost: $1,034,603,290)
             1,089,727,745   
RIGHTS – 0.0%     
Australia – 0.0%     

Qube Holdings Ltd., expiring 4/1/16*

    141,427         33,726   
Israel – 0.0%     

Industrial Buildings Corp., Ltd., expiring 4/13/16*

    208,239         78,044   
TOTAL RIGHTS
(Cost: $0)
             111,770   
EXCHANGE-TRADED FUNDS – 0.2%   
United States – 0.2%     

WisdomTree Europe SmallCap Dividend Fund(a)(c)

    23,266         1,326,860   

WisdomTree Japan SmallCap Dividend Fund(c)

    19,224         1,058,281   

TOTAL EXCHANGE-TRADED FUNDS

(Cost: $2,283,255)

             2,385,141   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 10.2%   
United States – 10.2%     

State Street Navigator Securities Lending Prime Portfolio, 0.50%(d)

    
(Cost: $112,271,066)(e)     112,271,066         112,271,066   

TOTAL INVESTMENTS IN SECURITIES – 109.5%

(Cost: $1,149,157,611)

  

  

     1,204,495,722   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (9.5)%

       (104,518,790
    

 

 

 
NET ASSETS – 100.0%            $ 1,099,976,932   
* 

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, which represents less than 0.01% of net assets.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (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 3).

 

(d) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(e) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $113,130,909 and the total market value of the collateral held by the Fund was $119,532,775. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $7,261,709.

CVA – Certificaten Van Aandelen (Certificate of Stock)

RSP – Risparmio Italian Savings Shares

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (concluded)

WisdomTree International SmallCap Dividend Fund (DLS)

March 31, 2016

 

  

 

 

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS  

Settlement

Date

   Contracts
To Deliver
     In
Exchange For
     Unrealized
Gain (Loss)
 

4/4/2016

     AUD        35,622         CHF        26,230       $ (13

4/4/2016

     AUD        1,031,463         EUR        694,015         (2,587

4/4/2016

     AUD        275,363         GBP        146,754         (893

4/4/2016

     AUD        249,849         ILS        717,100         (1,453

4/4/2016

     AUD        1,840,509         JPY        158,655,575         (4,222

4/4/2016

     AUD        234,218         SEK        1,454,960         (696

4/4/2016

     AUD        200,166         SGD        206,566         (579
                                       $ (10,443

 

CURRENCY LEGEND

AUD

  – Australian dollar

CHF

  – Swiss franc

EUR

  – Euro

GBP

  – British pound

ILS

  – Israeli New shekel

JPY

  – Japanese yen

SEK

  – Swedish krona

SGD

  – Singapore dollar

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      127   


Table of Contents

Schedule of Investments

WisdomTree Japan Hedged Capital Goods Fund (DXJC)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.3%      
Japan – 99.3%      
Auto Components – 16.9%      

Aisin Seiki Co., Ltd.

     950       $ 35,838   

Bridgestone Corp.

     3,152         117,925   

Calsonic Kansei Corp.

     711         5,295   

Denso Corp.

     2,518         101,352   

Eagle Industry Co., Ltd.

     200         2,639   

Exedy Corp.(a)

     262         5,800   

FCC Co., Ltd.

     268         4,535   

HI-LEX Corp.

     200         5,498   

Keihin Corp.

     277         4,143   

Koito Manufacturing Co., Ltd.

     636         28,859   

KYB Corp.

     2,106         6,240   

Mitsuba Corp.

     277         4,286   

NGK Spark Plug Co., Ltd.

     937         17,957   

NHK Spring Co., Ltd.

     1,413         13,540   

Nifco, Inc.(a)

     309         14,873   

Nissin Kogyo Co., Ltd.

     268         3,615   

NOK Corp.

     665         11,372   

Pacific Industrial Co., Ltd.(a)

     300         3,024   

Sanden Holdings Corp.

     720         2,063   

Stanley Electric Co., Ltd.(a)

     868         19,654   

Sumitomo Electric Industries Ltd.

     3,719         45,298   

Sumitomo Rubber Industries Ltd.

     867         13,414   

Tokai Rika Co., Ltd.

     324         6,105   

Topre Corp.

     279         5,205   

Toyo Tire & Rubber Co., Ltd.

     629         9,402   

Toyoda Gosei Co., Ltd.

     326         6,300   

Toyota Boshoku Corp.

     556         9,072   

TPR Co., Ltd.

     215         5,651   

TS Tech Co., Ltd.

     290         6,796   

Unipres Corp.

     263         4,589   

Yokohama Rubber Co., Ltd. (The)

     849         13,982   
     

 

 

 
Total Auto Components               534,322   
Automobiles – 30.8%      

Daihatsu Motor Co., Ltd.(a)

     1,182         16,679   

Fuji Heavy Industries Ltd.

     3,157         111,652   

Honda Motor Co., Ltd.

     8,830         242,443   

Isuzu Motors Ltd.

     3,436         35,523   

Mazda Motor Corp.

     3,136         48,730   

Mitsubishi Motors Corp.

     3,653         27,399   

Nissan Motor Co., Ltd.

     12,053         111,688   

Nissan Shatai Co., Ltd.

     562         5,665   

Suzuki Motor Corp.

     2,309         61,857   

Toyota Motor Corp.

     5,379         284,851   

Yamaha Motor Co., Ltd.

     1,530         25,483   
     

 

 

 
Total Automobiles               971,970   
Building Products – 5.8%      

Aica Kogyo Co., Ltd.

     350         7,362   

Asahi Glass Co., Ltd.

     5,538         30,352   

Bunka Shutter Co., Ltd.

     536         4,411   

Central Glass Co., Ltd.

     780         4,240   

Daikin Industries Ltd.

     1,418       106,128   

Nippon Sheet Glass Co., Ltd.*

     5,653         4,024   

Nitto Boseki Co., Ltd.

     966         3,120   

Noritz Corp.

     276         4,504   

Sanwa Holdings Corp.

     1,435         10,686   

Takasago Thermal Engineering Co., Ltd.(a)

     512         6,441   
     

 

 

 
Total Building Products               181,268   
Chemicals – 1.8%      

Kansai Paint Co., Ltd.

     1,532         24,644   

Nippon Paint Holdings Co., Ltd.(a)

     1,220         27,104   

Toyo Ink SC Holdings Co., Ltd.

     831         3,334   
     

 

 

 
Total Chemicals               55,082   
Construction & Engineering – 1.8%      

COMSYS Holdings Corp.(a)

     576         8,907   

JGC Corp.(a)

     1,064         15,951   

Kandenko Co., Ltd.

     563         4,022   

Kyowa Exeo Corp.

     579         6,439   

Kyudenko Corp.

     226         5,387   

Mirait Holdings Corp.

     519         4,138   

Nippon Densetsu Kogyo Co., Ltd.

     301         6,058   

Taikisha Ltd.

     259         6,254   
     

 

 

 
Total Construction & Engineering               57,156   
Electrical Equipment – 8.3%      

Daihen Corp.

     470         2,141   

Fuji Electric Co., Ltd.

     3,547         12,276   

Fujikura Ltd.

     1,602         7,554   

Furukawa Electric Co., Ltd.

     4,095         8,853   

GS Yuasa Corp.

     2,167         9,274   

Mitsubishi Electric Corp.

     10,810         113,443   

Nidec Corp.

     1,352         92,635   

Nitto Kogyo Corp.

     300         4,789   

Ushio, Inc.

     835         11,114   
     

 

 

 
Total Electrical Equipment               262,079   
Machinery – 28.0%      

Aida Engineering Ltd.

     362         3,150   

Amada Holdings Co., Ltd.

     1,895         18,512   

Asahi Diamond Industrial Co., Ltd.

     349         3,133   

CKD Corp.

     510         4,215   

Daifuku Co., Ltd.

     638         10,768   

DMG Mori Co., Ltd.(a)

     816         7,514   

Ebara Corp.

     2,792         11,675   

FANUC Corp.

     872         135,655   

Fuji Machine Manufacturing Co., Ltd.(a)

     600         6,134   

Fujitec Co., Ltd.

     540         5,506   

Furukawa Co., Ltd.

     2,714         4,008   

Glory Ltd.

     331         11,265   

Hino Motors Ltd.

     1,700         18,407   

Hitachi Construction Machinery Co., Ltd.(a)

     558         8,877   

Hitachi Zosen Corp.

     653         3,102   

Hoshizaki Electric Co., Ltd.

     288         24,061   

IHI Corp.

     8,925         18,899   

Japan Steel Works Ltd. (The)

     2,703         8,537   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (concluded)

WisdomTree Japan Hedged Capital Goods Fund (DXJC)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

JTEKT Corp.

     1,175       $ 15,263   

Kawasaki Heavy Industries Ltd.(a)

     8,974         25,949   

Komatsu Ltd.

     4,623         78,808   

Kubota Corp.

     5,817         79,522   

Kurita Water Industries Ltd.

     600         13,703   

Makino Milling Machine Co., Ltd.

     399         2,446   

Makita Corp.

     649         40,304   

Meidensha Corp.

     1,039         4,742   

Minebea Co., Ltd.(a)

     1,652         12,905   

Mitsubishi Heavy Industries Ltd.

     16,325         60,728   

Mitsui Engineering & Shipbuilding Co., Ltd.(a)

     3,547         5,302   

Miura Co., Ltd.(a)

     600         11,216   

Nabtesco Corp.

     828         18,609   

Nachi-Fujikoshi Corp.

     818         2,853   

NGK Insulators Ltd.

     1,103         20,403   

Nitta Corp.

     200         5,045   

NSK Ltd.

     2,753         25,229   

NTN Corp.

     3,059         9,771   

Obara Group, Inc.

     45         1,616   

OKUMA Corp.

     556         3,893   

OSG Corp.(a)

     564         10,543   

Ryobi Ltd.

     600         2,370   

Shinmaywa Industries Ltd.

     351         2,492   

SMC Corp.

     362         84,191   

Star Micronics Co., Ltd.

     249         2,796   

Sumitomo Heavy Industries Ltd.

     3,327         13,764   

Tadano Ltd.

     412         3,831   

Takeuchi Manufacturing Co., Ltd.

     200         2,890   

Takuma Co., Ltd.

     300         2,688   

THK Co., Ltd.

     682         12,597   

Tsubakimoto Chain Co.

     574         3,560   
     

 

 

 
Total Machinery               883,447   
Metals & Mining – 5.9%      

Daido Steel Co., Ltd.(a)

     2,711         9,407   

Hitachi Metals Ltd.

     1,198         12,375   

JFE Holdings, Inc.

     3,022         40,761   

Kobe Steel Ltd.(a)

     18,606         16,389   

Nippon Steel & Sumitomo Metal Corp.

     4,600         88,484   

Nisshin Steel Co., Ltd.

     600         7,009   

Sanyo Special Steel Co., Ltd.

     720         3,293   

Tokyo Steel Manufacturing Co., Ltd.(a)

     569         3,392   

Yamato Kogyo Co., Ltd.

     291         6,325   
     

 

 

 
Total Metals & Mining               187,435   

TOTAL COMMON STOCKS

(Cost: $3,421,866)

              3,132,759   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 6.1%   
United States – 6.1%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(b)

     
(Cost: $192,975)(c)      192,975       192,975   

TOTAL INVESTMENTS IN SECURITIES – 105.4%

(Cost: $3,614,841)

  

  

     3,325,734   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (5.4)%

        (169,911
     

 

 

 
NET ASSETS – 100.0%             $ 3,155,823   
* 

Non-income producing security.

 

(a)

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(c) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $183,040 and the total market value of the collateral held by the Fund was $192,975.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS  
Settlement
Date
   Contracts
To Deliver
     In
Exchange For
     Unrealized
Gain (Loss)
 

4/5/2016

     JPY        70,896,527         USD        628,813       $ (1,992

4/5/2016

     JPY        70,895,836         USD        628,813         (1,986

4/5/2016

     JPY        54,017,470         USD        479,100         (1,523

4/5/2016

     JPY        70,894,389         USD        628,813         (1,973

4/5/2016

     JPY        70,896,779         USD        628,813         (1,994

4/5/2016

     USD        479,100         JPY        53,847,294         9   

4/5/2016

     USD        628,813         JPY        70,670,846         (16

4/5/2016

     USD        628,813         JPY        70,673,739         10   

4/5/2016

     USD        628,813         JPY        70,669,149         (31

4/5/2016

     USD        628,813         JPY        70,677,512         43   

5/9/2016

     JPY        74,389,332         USD        662,471         (62

5/9/2016

     JPY        56,675,510         USD        504,742         (27

5/9/2016

     JPY        74,390,193         USD        662,471         (70

5/9/2016

     JPY        74,391,120         USD        662,471         (78

5/9/2016

     JPY        74,393,373         USD        662,471         (98
                                       $ (9,788

 

CURRENCY LEGEND

JPY

  – Japanese yen

USD

  – U.S. dollar

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      129   


Table of Contents

Schedule of Investments

WisdomTree Japan Hedged Equity Fund (DXJ)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.2%      
Japan – 99.2%      
Air Freight & Logistics – 0.0%      

Kintetsu World Express, Inc.

     217,500       $ 2,894,968   

Yusen Logistics Co., Ltd.(a)

     138,300         1,610,701   
     

 

 

 
Total Air Freight & Logistics               4,505,669   
Airlines – 0.9%      

Japan Airlines Co., Ltd.

     2,448,200         89,785,848   
Auto Components – 7.2%      

Aisan Industry Co., Ltd.(a)

     210,300         1,657,777   

Aisin Seiki Co., Ltd.

     1,337,808         50,467,600   

Bridgestone Corp.

     5,445,085         203,715,311   

Calsonic Kansei Corp.

     1,306,000         9,725,717   

Daido Metal Co., Ltd.

     300,100         2,322,941   

Denso Corp.(a)

     4,114,379         165,607,461   

Eagle Industry Co., Ltd.

     222,300         2,933,146   

Exedy Corp.(a)

     222,115         4,916,786   

FCC Co., Ltd.

     267,100         4,519,989   

Keihin Corp.

     385,734         5,769,108   

Koito Manufacturing Co., Ltd.(a)

     350,001         15,881,535   

KYB Corp.(a)

     558,000         1,653,223   

NGK Spark Plug Co., Ltd.(a)

     585,964         11,229,738   

NHK Spring Co., Ltd.(a)

     1,147,900         10,999,495   

Nifco, Inc.(a)

     267,845         12,892,401   

NOK Corp.(a)

     617,400         10,557,790   

Pacific Industrial Co., Ltd.(a)

     642,700         6,478,750   

Press Kogyo Co., Ltd.

     1,233,600         4,159,744   

Sanden Holdings Corp.(a)

     1,884,000         5,397,464   

Showa Corp.

     642,200         5,610,929   

Stanley Electric Co., Ltd.(a)

     619,907         14,036,775   

Sumitomo Electric Industries Ltd.

     3,122,483         38,032,646   

Sumitomo Rubber Industries Ltd.

     1,989,691         30,784,934   

Tokai Rika Co., Ltd.

     750,214         14,137,224   

Topre Corp.

     302,400         5,642,002   

Toyo Tire & Rubber Co., Ltd.

     713,600         10,666,382   

Toyoda Gosei Co., Ltd.(a)

     538,700         10,410,218   

Toyota Boshoku Corp.

     480,936         7,847,650   

TPR Co., Ltd.(a)

     222,194         5,839,771   

TS Tech Co., Ltd.

     280,432         6,571,982   

Unipres Corp.(a)

     222,400         3,880,301   

Yokohama Rubber Co., Ltd. (The)

     1,022,000         16,831,016   
     

 

 

 
Total Auto Components               701,177,806   
Automobiles – 12.9%      

Daihatsu Motor Co., Ltd.(a)

     2,098,869         29,617,031   

Fuji Heavy Industries Ltd.(a)

     2,956,567         104,562,959   

Honda Motor Co., Ltd.

     9,988,547         274,252,912   

Isuzu Motors Ltd.

     4,217,700         43,604,853   

Mazda Motor Corp.

     492,515         7,653,165   

Mitsubishi Motors Corp.(a)

     3,334,901         25,012,870   

Nissan Motor Co., Ltd.(a)

     30,860,004         285,961,957   

Suzuki Motor Corp.(a)

     976,036         26,147,466   

Toyota Motor Corp.

     8,209,575         434,747,012   

Yamaha Motor Co., Ltd.(a)

     1,286,600         21,429,024   
     

 

 

 
Total Automobiles               1,252,989,249   
Banks – 6.4%      

Mitsubishi UFJ Financial Group, Inc.(a)

     75,233,122       349,073,118   

Mizuho Financial Group, Inc.(a)

     183,039,144         273,756,663   
     

 

 

 
Total Banks               622,829,781   
Beverages – 1.2%      

Kirin Holdings Co., Ltd.

     5,124,745         71,950,244   

Suntory Beverage & Food Ltd.

     1,055,900         47,630,348   
     

 

 

 
Total Beverages               119,580,592   
Building Products – 1.3%      

Aica Kogyo Co., Ltd.

     370,400         7,790,610   

Asahi Glass Co., Ltd.

     6,849,735         37,541,143   

Central Glass Co., Ltd.

     1,496,000         8,132,533   

Daikin Industries Ltd.(a)

     804,349         60,200,043   

Noritz Corp.

     399,900         6,525,349   

Sanwa Holdings Corp.

     1,404,631         10,460,217   
     

 

 

 
Total Building Products               130,649,895   
Capital Markets – 1.1%      

Monex Group, Inc.(a)

     1,470,696         3,807,754   

Nomura Holdings, Inc.(a)

     22,017,745         98,516,162   
     

 

 

 
Total Capital Markets               102,323,916   
Chemicals – 5.9%      

ADEKA Corp.

     642,800         9,396,507   

Asahi Kasei Corp.(a)

     6,510,522         44,075,414   

Daicel Corp.

     1,387,142         18,981,488   

Denka Co., Ltd.

     3,229,076         13,301,857   

DIC Corp.

     5,811,538         13,909,015   

Fujimi, Inc.(a)

     371,300         4,955,292   

Hitachi Chemical Co., Ltd.

     846,415         15,249,703   

JSR Corp.

     1,239,300         17,840,539   

Kaneka Corp.(a)

     2,009,000         17,230,980   

Kansai Paint Co., Ltd.(a)

     569,900         9,167,482   

Kuraray Co., Ltd.

     1,635,837         20,026,796   

Kureha Corp.(a)

     1,116,000         3,554,678   

Lintec Corp.

     565,247         10,128,631   

Mitsubishi Chemical Holdings Corp.

     6,460,063         33,767,401   

Mitsubishi Gas Chemical Co., Inc.

     2,224,564         11,994,179   

Mitsui Chemicals, Inc.(a)

     2,208,079         7,367,139   

Nippon Kayaku Co., Ltd.(a)

     1,635,000         16,554,384   

Nippon Paint Holdings Co., Ltd.(a)

     498,400         11,072,599   

Nippon Shokubai Co., Ltd.(a)

     207,900         10,598,932   

Nippon Soda Co., Ltd.

     959,000         4,837,875   

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

     1,012,000         6,419,823   

Nissan Chemical Industries Ltd.(a)

     641,353         16,548,100   

Nitto Denko Corp.(a)

     605,774         33,723,279   

NOF Corp.(a)

     866,000         6,148,565   

Sanyo Chemical Industries Ltd.

     1,097,000         7,739,855   

Shin-Etsu Chemical Co., Ltd.

     1,470,379         76,190,999   

Showa Denko K.K.(a)

     5,674,312         5,856,312   

Sumitomo Bakelite Co., Ltd.

     2,220,000         8,710,530   

Sumitomo Chemical Co., Ltd.(a)

     5,025,485         22,758,769   

Taiyo Holdings Co., Ltd.(a)

     222,326         7,536,475   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree Japan Hedged Equity Fund (DXJ)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Taiyo Nippon Sanso Corp.(a)

     1,056,453       $ 10,038,630   

Teijin Ltd.

     2,155,000         7,515,993   

Toray Industries, Inc.(a)

     4,720,318         40,284,079   

Tosoh Corp.

     2,015,614         8,482,454   

Toyobo Co., Ltd.

     6,652,513         10,002,889   

Ube Industries Ltd.

     5,285,000         9,357,311   

Zeon Corp.(a)

     675,000         4,372,081   
     

 

 

 
Total Chemicals               575,697,035   
Commercial Services & Supplies – 0.1%      

Pilot Corp.

     77,100         2,942,827   

Sato Holdings Corp.(a)

     221,867         4,729,688   
     

 

 

 
Total Commercial Services & Supplies               7,672,515   
Communications Equipment – 0.1%      

Hitachi Kokusai Electric, Inc.(a)

     881,000         10,605,392   
Construction & Engineering – 0.1%      

JGC Corp.(a)

     442,416         6,632,599   

Penta-Ocean Construction Co., Ltd.

     703,200         2,946,814   
     

 

 

 
Total Construction & Engineering               9,579,413   
Construction Materials – 0.1%      

Taiheiyo Cement Corp.

     2,993,000         6,896,988   
Containers & Packaging – 0.1%      

Fuji Seal International, Inc.(a)

     222,791         7,909,036   
Electrical Equipment – 1.9%      

Denyo Co., Ltd.

     75,100         774,420   

Fuji Electric Co., Ltd.

     2,804,869         9,707,674   

Fujikura Ltd.(a)

     1,474,577         6,953,386   

Furukawa Electric Co., Ltd.

     2,256,818         4,879,281   

GS Yuasa Corp.(a)

     2,232,920         9,555,892   

Mitsubishi Electric Corp.(a)

     9,133,114         95,845,082   

Nidec Corp.(a)

     620,558         42,518,948   

Sanyo Denki Co., Ltd.

     681,000         3,180,969   

Tatsuta Electric Wire and Cable Co., Ltd.

     1,209,700         3,831,604   

Ushio, Inc.

     533,109         7,095,788   
     

 

 

 
Total Electrical Equipment               184,343,044   
Electronic Equipment, Instruments & Components – 4.8%   

Alps Electric Co., Ltd.(a)

     21,900         382,293   

Amano Corp.

     563,733         8,912,794   

Anritsu Corp.(a)

     1,655,200         9,115,786   

Canon Electronics, Inc.

     438,100         6,454,856   

Citizen Holdings Co., Ltd.(a)

     1,142,985         6,488,050   

Enplas Corp.(a)

     167,248         6,205,117   

Hakuto Co., Ltd.

     199,319         1,757,419   

Hamamatsu Photonics K.K.(a)

     616,300         17,025,771   

Hirose Electric Co., Ltd.(a)

     223,500         24,677,566   

Hitachi High-Technologies Corp.

     643,719         18,155,516   

Hitachi Ltd.(a)

     16,501,028         77,311,636   

Horiba Ltd.

     222,400         8,310,690   

Ibiden Co., Ltd.(a)

     668,101         8,179,251   

Japan Aviation Electronics Industry Ltd.

     290,000         3,400,685   

Keyence Corp.(a)

     67,910         37,092,352   

Koa Corp.(a)

     222,546         1,649,369   

Kyocera Corp.(a)

     1,475,718       65,084,160   

Murata Manufacturing Co., Ltd.(a)

     565,556         68,282,352   

Nichicon Corp.

     574,600         4,008,064   

Nippon Electric Glass Co., Ltd.

     2,220,301         11,378,561   

Oki Electric Industry Co., Ltd.(a)

     3,356,309         4,748,015   

Omron Corp.

     665,900         19,847,547   

Ryosan Co., Ltd.(a)

     233,045         5,830,531   

Sanshin Electronics Co., Ltd.(a)

     385,054         3,045,625   

Shimadzu Corp.

     852,000         13,379,421   

Siix Corp.(a)

     223,100         6,838,200   

TDK Corp.

     266,468         14,817,608   

Topcon Corp.(a)

     124,600         1,645,148   

UKC Holdings Corp.

     140,399         2,789,368   

Yaskawa Electric Corp.(a)

     750,100         8,669,246   

Yokogawa Electric Corp.(a)

     466,038         4,822,298   
     

 

 

 
Total Electronic Equipment, Instruments & Components         470,305,295   
Energy Equipment & Services – 0.1%      

Modec, Inc.(a)

     391,600         5,745,348   
Food & Staples Retailing – 1.5%      

Ministop Co., Ltd.(a)

     164,900         3,006,184   

Seven & I Holdings Co., Ltd.(a)

     3,242,524         138,246,141   
     

 

 

 
Total Food & Staples Retailing               141,252,325   
Food Products – 1.1%      

Ajinomoto Co., Inc.

     1,791,513         40,478,200   

Fuji Oil Holdings, Inc.

     547,600         9,885,497   

Kikkoman Corp.(a)

     514,000         16,920,681   

Nisshin Oillio Group Ltd. (The)

     2,200,909         8,988,098   

Sakata Seed Corp.

     207,339         5,274,098   

Toyo Suisan Kaisha Ltd.(a)

     425,900         15,308,830   

Yakult Honsha Co., Ltd.(a)

     223,187         9,898,903   
     

 

 

 
Total Food Products               106,754,307   
Health Care Equipment & Supplies – 1.6%      

Asahi Intecc Co., Ltd.

     46,600         2,184,990   

Hoya Corp.

     1,763,357         67,164,298   

Nihon Kohden Corp.(a)

     355,900         8,859,898   

Nikkiso Co., Ltd.

     514,500         3,785,680   

Nipro Corp.(a)

     1,528,200         14,534,862   

Sysmex Corp.(a)

     278,560         17,447,951   

Terumo Corp.(a)

     1,057,056         37,948,494   
     

 

 

 
Total Health Care Equipment & Supplies         151,926,173   
Health Care Providers & Services – 0.1%      

Miraca Holdings, Inc.

     232,300         9,559,033   
Health Care Technology – 0.0%      

M3, Inc.(a)

     118,000         2,973,228   
Household Durables – 1.8%      

Casio Computer Co., Ltd.(a)

     965,657         19,511,607   

Foster Electric Co., Ltd.

     264,796         5,593,004   

Fujitsu General Ltd.

     617,000         9,535,380   

Nikon Corp.(a)

     2,079,300         31,856,885   

Panasonic Corp.

     6,163,870         56,678,319   

Rinnai Corp.(a)

     218,600         19,332,568   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      131   


Table of Contents

Schedule of Investments (continued)

WisdomTree Japan Hedged Equity Fund (DXJ)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Sekisui Chemical Co., Ltd.

     2,442,500       $ 30,119,712   

Tamron Co., Ltd.

     223,100         3,662,258   
     

 

 

 
Total Household Durables               176,289,733   
Household Products – 0.4%      

Lion Corp.

     1,235,000         13,943,814   

Pigeon Corp.(a)

     316,000         8,257,414   

Unicharm Corp.

     674,900         14,705,548   
     

 

 

 
Total Household Products               36,906,776   
Industrial Conglomerates – 0.1%      

Nisshinbo Holdings, Inc.

     642,700         6,833,280   
Insurance – 1.4%      

Tokio Marine Holdings, Inc.

     3,951,000         133,580,675   
IT Services – 0.6%      

Fujitsu Ltd.

     4,345,328         16,106,265   

NTT Data Corp.

     864,100         43,437,564   
     

 

 

 
Total IT Services               59,543,829   
Leisure Products – 0.4%      

Dunlop Sports Co., Ltd.(a)

     128,380         1,144,506   

Shimano, Inc.

     101,100         15,867,289   

Yamaha Corp.(a)

     765,807         23,097,876   
     

 

 

 
Total Leisure Products               40,109,671   
Machinery – 8.8%      

Aida Engineering Ltd.

     445,600         3,877,368   

Amada Holdings Co., Ltd.

     2,107,193         20,585,417   

Asahi Diamond Industrial Co., Ltd.

     545,200         4,894,406   

CKD Corp.(a)

     489,100         4,042,652   

Daifuku Co., Ltd.

     447,300         7,549,518   

DMG Mori Co., Ltd.(a)

     317,100         2,920,045   

Ebara Corp.(a)

     1,889,158         7,899,855   

FANUC Corp.

     1,510,989         235,060,658   

Fujitec Co., Ltd.(a)

     555,500         5,663,980   

Furukawa Co., Ltd.(a)

     3,792,000         5,600,534   

Glory Ltd.

     282,300         9,607,167   

Hino Motors Ltd.(a)

     3,666,310         39,698,379   

Hitachi Construction Machinery Co., Ltd.(a)

     1,482,800         23,588,651   

Hitachi Koki Co., Ltd.(a)

     804,211         5,323,484   

Hoshizaki Electric Co., Ltd.

     184,969         15,453,169   

IHI Corp.

     2,185,882         4,628,675   

JTEKT Corp.

     1,292,278         16,786,564   

Kawasaki Heavy Industries Ltd.(a)

     6,653,510         19,239,208   

Kitz Corp.

     1,178,100         5,104,628   

Komatsu Ltd.(a)

     5,489,306         93,576,318   

Kubota Corp.

     4,541,002         62,077,936   

Kurita Water Industries Ltd.

     600,200         13,708,024   

Makino Milling Machine Co., Ltd.

     548,000         3,359,331   

Makita Corp.

     638,169         39,631,831   

Meidensha Corp.(a)

     2,024,000         9,238,062   

Minebea Co., Ltd.(a)

     749,701         5,856,466   

Mitsubishi Heavy Industries Ltd.

     10,617,198         39,495,089   

Mitsubishi Nichiyu Forklift Co., Ltd.

     293,300         1,200,391   

Mitsui Engineering & Shipbuilding Co., Ltd.(a)

     2,224,315         3,324,747   

Nabtesco Corp.

     397,400         8,931,291   

Nachi-Fujikoshi Corp.(a)

     1,520,000       5,301,303   

NGK Insulators Ltd.(a)

     966,875         17,884,542   

Nippon Thompson Co., Ltd.(a)

     502,000         1,795,489   

Nitta Corp.(a)

     158,400         3,995,409   

NSK Ltd.

     1,943,966         17,814,716   

NTN Corp.

     167,000         533,413   

Obara Group, Inc.(a)

     77,600         2,785,853   

Oiles Corp.

     173,400         2,596,487   

OKUMA Corp.(a)

     498,000         3,487,041   

OSG Corp.(a)

     380,024         7,103,790   

Ryobi Ltd.

     1,459,000         5,763,566   

SMC Corp.

     126,451         29,409,041   

Sodick Co., Ltd.(a)

     181,400         1,358,947   

Star Micronics Co., Ltd.

     641,400         7,201,804   

Sumitomo Heavy Industries Ltd.(a)

     2,215,186         9,164,656   

Tadano Ltd.

     808,000         7,512,434   

THK Co., Ltd.(a)

     591,779         10,930,497   

Tsubakimoto Chain Co.

     1,193,000         7,398,203   
     

 

 

 
Total Machinery               859,961,035   
Marine – 0.4%      

Kawasaki Kisen Kaisha Ltd.(a)

     8,327,725         16,152,356   

Nippon Yusen K.K.(a)

     9,167,035         17,698,711   

NS United Kaiun Kaisha Ltd.

     1,439,000         1,946,065   
     

 

 

 
Total Marine               35,797,132   
Media – 0.3%      

Dentsu, Inc.(a)

     665,100         33,434,005   
Metals & Mining – 2.2%      

Aichi Steel Corp.(a)

     2,226,000         8,734,072   

Hitachi Metals Ltd.

     1,389,018         14,348,057   

JFE Holdings, Inc.(a)

     3,178,462         42,871,555   

Kyoei Steel Ltd.(a)

     221,500         3,334,472   

Mitsubishi Materials Corp.(a)

     5,458,000         15,442,360   

Mitsubishi Steel Manufacturing Co., Ltd.

     1,042,000         1,687,299   

Mitsui Mining & Smelting Co., Ltd.(a)

     2,225,000         3,563,326   

Nippon Steel & Sumitomo Metal Corp.

     3,666,200         70,522,037   

Sanyo Special Steel Co., Ltd.

     1,194,000         5,460,350   

Sumitomo Metal Mining Co., Ltd.(a)

     3,432,000         34,123,048   

Toyo Kohan Co., Ltd.

     223,200         671,218   

UACJ Corp.(a)

     2,219,000         4,501,375   

Yamato Kogyo Co., Ltd.(a)

     407,200         8,850,835   
     

 

 

 
Total Metals & Mining               214,110,004   
Multiline Retail – 0.2%      

Ryohin Keikaku Co., Ltd.(a)

     90,400         19,142,489   
Oil, Gas & Consumable Fuels – 0.4%      

TonenGeneral Sekiyu K.K.

     4,638,000         42,007,954   
Paper & Forest Products – 0.2%      

Oji Holdings Corp.(a)

     5,119,000         20,586,218   
Personal Products – 1.1%      

Kao Corp.(a)

     1,593,480         85,107,527   

Mandom Corp.(a)

     191,200         8,522,728   

Shiseido Co., Ltd.

     713,922         15,955,977   
     

 

 

 
Total Personal Products               109,586,232   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree Japan Hedged Equity Fund (DXJ)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Pharmaceuticals – 7.4%      

Astellas Pharma, Inc.

     9,543,604       $ 127,069,740   

Daiichi Sankyo Co., Ltd.(a)

     4,792,621         106,708,786   

Eisai Co., Ltd.(a)

     1,472,877         88,717,267   

Hisamitsu Pharmaceutical Co., Inc.

     258,900         11,586,521   

Kyowa Hakko Kirin Co., Ltd.(a)

     2,300,370         36,758,437   

Rohto Pharmaceutical Co., Ltd.

     410,800         7,492,682   

Shionogi & Co., Ltd.(a)

     1,089,977         51,368,906   

Sumitomo Dainippon Pharma Co., Ltd.(a)

     1,056,200         12,178,791   

Takeda Pharmaceutical Co., Ltd.(a)

     6,091,063         278,337,111   
     

 

 

 
Total Pharmaceuticals               720,218,241   
Professional Services – 0.6%      

Recruit Holdings Co., Ltd.(a)

     1,844,400         56,368,290   
Road & Rail – 0.3%      

Hitachi Transport System Ltd.

     616,000         10,314,623   

Nippon Express Co., Ltd.

     4,249,000         19,355,736   
     

 

 

 
Total Road & Rail               29,670,359   
Semiconductors & Semiconductor Equipment – 1.0%   

Advantest Corp.(a)

     664,400         6,153,658   

Disco Corp.

     83,700         7,104,391   

MegaChips Corp.(a)

     431,300         4,854,260   

Mitsui High-Tec, Inc.(a)

     215,600         1,327,418   

SCREEN Holdings Co., Ltd.

     515,300         4,080,404   

Shindengen Electric Manufacturing Co., Ltd.

     1,190,000         4,033,898   

Shinko Electric Industries Co., Ltd.

     1,055,710         5,945,678   

Tokyo Electron Ltd.(a)

     835,153         54,510,275   

Tokyo Seimitsu Co., Ltd.

     264,300         5,189,823   
     

 

 

 
Total Semiconductors & Semiconductor Equipment         93,199,805   
Software – 0.8%      

Capcom Co., Ltd.(a)

     292,100         7,133,898   

Konami Holdings Corp.(a)

     323,100         9,572,694   

Nexon Co., Ltd.(a)

     872,500         14,896,815   

Square Enix Holdings Co., Ltd.

     341,200         9,228,596   

Trend Micro, Inc.(a)

     991,608         36,348,814   
     

 

 

 
Total Software               77,180,817   
Specialty Retail – 1.0%      

ABC-Mart, Inc.

     279,600         17,935,994   

Fast Retailing Co., Ltd.

     221,000         70,825,392   

Sanrio Co., Ltd.(a)

     607,848         11,903,318   
     

 

 

 
Total Specialty Retail               100,664,704   
Technology Hardware, Storage & Peripherals – 6.1%   

Brother Industries Ltd.(a)

     1,252,543         14,420,487   

Canon, Inc.(a)

     12,450,597         371,651,345   

FUJIFILM Holdings Corp.

     1,726,795         68,383,510   

Hitachi Maxell Ltd.(a)

     666,700         10,161,102   

Konica Minolta, Inc.(a)

     1,759,738         14,967,833   

Ricoh Co., Ltd.(a)

     5,360,278         54,654,376   

Riso Kagaku Corp.

     388,100         5,994,409   

Roland DG Corp.

     218,700         4,276,904   

Seiko Epson Corp.(a)

     2,637,800         42,666,670   

Wacom Co., Ltd.(a)

     2,003,300         8,501,927   
     

 

 

 
Total Technology Hardware, Storage & Peripherals         595,678,563   
Textiles, Apparel & Luxury Goods – 0.4%      

Asics Corp.

     376,092       6,709,057   

Descente Ltd.(a)

     235,681         3,476,659   

Kurabo Industries Ltd.

     1,400,472         2,429,753   

Seiko Holdings Corp.

     690,000         2,738,022   

Seiren Co., Ltd.(a)

     468,610         5,274,182   

Wacoal Holdings Corp.(a)

     1,645,000         19,655,990   
     

 

 

 
Total Textiles, Apparel & Luxury Goods               40,283,663   
Tobacco – 5.4%      

Japan Tobacco, Inc.

     12,546,831         523,552,092   
Trading Companies & Distributors – 8.5%      

Hanwa Co., Ltd.

     2,220,000         9,382,090   

Inabata & Co., Ltd.

     222,186         2,206,144   

ITOCHU Corp.(a)

     12,206,094         150,519,563   

Kuroda Electric Co., Ltd.(a)

     222,587         3,336,973   

Marubeni Corp.(a)

     17,038,178         86,407,415   

MISUMI Group, Inc.(a)

     433,600         6,214,953   

Mitsubishi Corp.

     10,947,000         185,639,770   

Mitsui & Co., Ltd.(a)

     18,187,289         209,551,486   

Nagase & Co., Ltd.

     707,056         7,781,737   

Nippon Steel & Sumikin Bussan Corp.(a)

     2,228,000         7,433,605   

Sojitz Corp.

     7,143,521         14,681,733   

Sumitomo Corp.(a)

     11,081,877         110,281,413   

Toyota Tsusho Corp.

     1,583,710         35,832,328   
     

 

 

 
Total Trading Companies & Distributors         829,269,210   
Transportation Infrastructure – 0.1%      

Sumitomo Warehouse Co., Ltd. (The)

     1,850,000         9,431,469   
Wireless Telecommunication Services – 0.8%   

SoftBank Group Corp.

     1,710,100         81,644,171   

TOTAL COMMON STOCKS

(Cost: $10,539,832,328)

              9,660,112,305   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 11.0%   
United States – 11.0%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(b)

     
(Cost: $1,073,061,319)(c)      1,073,061,319         1,073,061,319   

TOTAL INVESTMENTS IN SECURITIES – 110.2%

(Cost: $11,612,893,647)

  

  

     10,733,173,624   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (10.2)%

        (996,041,518
     

 

 

 
NET ASSETS – 100.0%             $ 9,737,132,106   
(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(c)

At March 31, 2016, the total market value of the Fund’s securities on loan was $1,054,641,846 and the total market value of the collateral held by the Fund was $1,109,865,268. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $36,803,949.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      133   


Table of Contents

Schedule of Investments (concluded)

WisdomTree Japan Hedged Equity Fund (DXJ)

March 31, 2016

 

  

 

 

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS  

Settlement

Date

  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/4/2016

  JPY     127,459,332        USD        1,134,000      $ (30

4/4/2016

  JPY     97,114,118        USD        864,000        (43

4/4/2016

  JPY     127,459,332        USD        1,134,000        (30

4/4/2016

  JPY     127,462,280        USD        1,134,000        (57

4/4/2016

  JPY     127,459,672        USD        1,134,000        (33

4/5/2016

  JPY     69,669,596,269        USD        617,329,053        (2,559,448

4/5/2016

  JPY     69,639,038,481        USD        617,329,053        (2,287,559

4/5/2016

  JPY     69,589,652,157        USD        617,329,053        (1,848,141

4/5/2016

  JPY     69,545,821,794        USD        617,329,053        (1,458,159

4/5/2016

  JPY     23,202,106,680        USD        205,776,351        (665,482

4/5/2016

  JPY     69,558,477,040        USD        617,329,053        (1,570,759

4/5/2016

  JPY     69,596,566,242        USD        617,329,053        (1,909,660

4/5/2016

  JPY     69,631,630,533        USD        617,329,053        (2,221,646

4/5/2016

  JPY     69,602,616,067        USD        617,329,053        (1,963,488

4/5/2016

  JPY     69,600,640,614        USD        617,329,053        (1,945,912

4/5/2016

  JPY     69,613,913,189        USD        617,329,053        (2,064,005

4/5/2016

  JPY     69,619,283,952        USD        617,329,053        (2,111,792

4/5/2016

  JPY     69,605,640,980        USD        617,329,053        (1,990,403

4/5/2016

  JPY     69,559,404,048        USD        617,329,062        (1,578,998

4/5/2016

  JPY     69,603,788,992        USD        617,329,053        (1,973,925

4/5/2016

  JPY     69,603,233,396        USD        617,329,053        (1,968,981

4/5/2016

  JPY     69,603,233,396        USD        617,329,053        (1,968,981

4/5/2016

  JPY     23,214,556,149        USD        205,776,351        (776,251

4/5/2016

  USD     23,253,954        JPY        2,621,646,123        72,265   

4/5/2016

  USD     10,569,979        JPY        1,199,276,159        100,637   

4/5/2016

  USD     52,849,895        JPY        5,993,114,673        474,124   

4/5/2016

  USD     73,989,853        JPY        8,345,478,297        264,432   

4/5/2016

  USD     95,129,811        JPY        10,779,168,397        778,345   

4/5/2016

  USD     65,533,870        JPY        7,438,100,798        646,981   

4/5/2016

  USD     10,569,979        JPY        1,192,025,153        36,121   

4/5/2016

  USD     38,051,924        JPY        4,321,663,554        400,280   

4/5/2016

  USD     69,761,861        JPY        7,760,462,893        (712,778

4/5/2016

  USD     101,471,798        JPY        11,295,262,164        (971,673

4/5/2016

  USD     33,823,933        JPY        3,779,577,598        (194,964

4/5/2016

  USD     147,979,706        JPY        16,661,686,209        268,429   

4/5/2016

  USD     63,419,874        JPY        7,140,392,877        112,107   

4/5/2016

  USD     38,051,924        JPY        4,307,432,134        273,655   

4/5/2016

  USD     4,227,992        JPY        479,209,069        35,793   

4/5/2016

  USD     16,911,966        JPY        1,901,488,441        6,617   

4/5/2016

  USD     566,593,154        JPY        63,543,422,221        (1,212,574

4/5/2016

  USD     566,593,154        JPY        63,571,751,878        (960,510

4/5/2016

  USD     566,593,154        JPY        63,707,734,235        249,400   

4/5/2016

  USD     566,593,154        JPY        63,611,413,399        (607,619

4/5/2016

  USD     566,593,154        JPY        63,672,038,867        (68,202

4/5/2016

  USD     566,593,154        JPY        63,702,068,304        198,987   

4/5/2016

  USD     566,593,154        JPY        63,682,237,543        22,542   

4/5/2016

  USD     472,160,962        JPY        53,065,840,006        (5,161

4/5/2016

  USD     472,160,962        JPY        53,092,139,372        228,838   

4/5/2016

  USD     377,728,769        JPY        42,454,824,991        15,028   

4/5/2016

  USD     566,593,154        JPY        63,600,081,536        (708,445

4/5/2016

  USD     566,593,154        JPY        63,682,237,543        22,542   

4/5/2016

  USD     566,593,154        JPY        63,678,214,732        (13,251

4/5/2016

  USD     566,593,154        JPY        63,682,237,543        22,542   

4/5/2016

  USD     566,593,161        JPY        63,713,400,954        299,813   

4/5/2016

  USD     566,593,154        JPY        63,690,736,441        98,161   

4/5/2016

  USD     566,593,154        JPY        63,696,402,372        148,574   

4/5/2016

  USD     188,864,384        JPY        21,227,412,439      $ 7,514   

5/9/2016

  JPY     9,091,859,747        USD        80,967,166        (7,593

5/9/2016

  JPY     63,514,809,266        USD        566,593,154        911,710   

5/9/2016

  JPY     63,645,125,692        USD        566,593,154        (248,926

5/9/2016

  JPY     63,650,225,030        USD        566,593,154        (294,343

5/9/2016

  JPY     63,612,829,882        USD        566,593,154        38,710   

5/9/2016

  JPY     63,553,054,304        USD        566,593,154        571,088   

5/9/2016

  JPY     63,622,745,262        USD        566,593,154        (49,600

5/9/2016

  JPY     53,017,207,427        USD        472,160,962        (25,774

5/9/2016

  JPY     63,653,058,782        USD        566,593,161        (319,574

5/9/2016

  JPY     63,618,779,110        USD        566,593,154        (14,276

5/9/2016

  JPY     42,416,107,792        USD        377,728,769        (41,477

5/9/2016

  JPY     63,544,838,703        USD        566,593,154        644,259   

5/9/2016

  JPY     63,487,329,498        USD        566,593,154        1,156,453   

5/9/2016

  JPY     63,633,793,829        USD        566,593,154        (148,002

5/9/2016

  JPY     63,638,893,167        USD        566,593,154        (193,418

5/9/2016

  JPY     63,624,161,745        USD        566,593,154        (62,215

5/9/2016

  JPY     53,044,451,114        USD        472,160,962        (268,414

5/9/2016

  JPY     63,621,612,076        USD        566,593,154        (39,507

5/9/2016

  JPY     21,207,392,814        USD        188,864,384        (14,851

5/9/2016

  JPY     9,091,965,004        USD        80,967,166        (8,530

5/9/2016

  JPY     9,092,078,358        USD        80,967,166        (9,540

5/9/2016

  JPY     6,926,847,764        USD        61,689,272        (3,258

5/9/2016

  JPY     9,092,353,646        USD        80,967,166        (11,992

5/9/2016

  USD     57,208,016        JPY        6,424,002,532        6,027   
                                $ (31,968,276

 

CURRENCY LEGEND

JPY

  – Japanese yen

USD

  – U.S. dollar

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments

WisdomTree Japan Hedged Financials Fund (DXJF)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.8%      
Japan – 98.8%      
Banks – 56.5%      

77 Bank Ltd. (The)

     14,419       $ 51,059   

Akita Bank Ltd. (The)(a)

     12,800         34,962   

Aomori Bank Ltd. (The)(a)

     7,000         20,428   

Aozora Bank Ltd.(a)

     44,830         156,752   

Ashikaga Holdings Co., Ltd.

     8,400         24,065   

Awa Bank Ltd. (The)(a)

     11,000         53,339   

Bank of Iwate Ltd. (The)

     1,100         39,931   

Bank of Kyoto Ltd. (The)

     14,517         94,804   

Bank of Nagoya Ltd. (The)(a)

     11,500         37,858   

Bank of Okinawa Ltd. (The)(a)

     1,100         36,163   

Bank of the Ryukyus Ltd.(a)

     2,700         30,364   

Bank of Yokohama Ltd. (The)(a)

     45,850         208,659   

Chiba Bank Ltd. (The)

     31,781         158,629   

Chugoku Bank Ltd. (The)(a)

     8,650         90,198   

Daishi Bank Ltd. (The)(a)

     12,650         43,557   

Eighteenth Bank Ltd. (The)

     8,000         17,794   

Fukuoka Financial Group, Inc.

     34,133         111,453   

Gunma Bank Ltd. (The)

     18,250         75,504   

Hachijuni Bank Ltd. (The)

     20,709         89,362   

Higashi-Nippon Bank Ltd. (The)

     12,000         29,545   

Hiroshima Bank Ltd. (The)

     23,200         84,837   

Hokkoku Bank Ltd. (The)

     13,700         36,080   

Hokuhoku Financial Group, Inc.(a)

     57,800         76,110   

Hyakugo Bank Ltd. (The)(a)

     11,990         45,018   

Hyakujushi Bank Ltd. (The)(a)

     11,390         32,023   

Iyo Bank Ltd. (The)(a)

     13,650         89,506   

Japan Post Bank Co., Ltd.

     14,086         173,576   

Joyo Bank Ltd. (The)

     27,746         95,289   

Juroku Bank Ltd. (The)(a)

     13,750         41,105   

Keiyo Bank Ltd. (The)(a)

     13,350         48,342   

Kiyo Bank Ltd. (The)(a)

     4,120         46,774   

Kyushu Financial Group, Inc.

     17,000         98,163   

Minato Bank Ltd. (The)(a)

     22,500         30,228   

Mitsubishi UFJ Financial Group, Inc.

     261,220         1,212,031   

Miyazaki Bank Ltd. (The)

     11,000         26,816   

Mizuho Financial Group, Inc.

     318,880         476,923   

Musashino Bank Ltd. (The)

     1,550         39,096   

Nanto Bank Ltd. (The)(a)

     10,420         28,369   

Nishi-Nippon City Bank Ltd. (The)

     35,670         63,155   

North Pacific Bank Ltd.

     16,200         41,078   

Ogaki Kyoritsu Bank Ltd. (The)(a)

     13,050         39,477   

Oita Bank Ltd. (The)

     9,800         30,605   

Resona Holdings, Inc.

     81,850         292,459   

San-In Godo Bank Ltd. (The)(a)

     8,070         49,973   

Senshu Ikeda Holdings, Inc.(a)

     13,530         48,753   

Seven Bank Ltd.(a)

     27,770         118,596   

Shiga Bank Ltd. (The)(a)

     12,340         52,041   

Shinsei Bank Ltd.(a)

     71,350         93,318   

Shizuoka Bank Ltd. (The)

     22,740         164,286   

Sumitomo Mitsui Financial Group, Inc.

     42,540         1,291,396   

Sumitomo Mitsui Trust Holdings, Inc.

     148,610         435,801   
Investments    Shares      Value  

Suruga Bank Ltd.

     8,900       $ 156,628   

Tochigi Bank Ltd. (The)(a)

     8,000         30,464   

Toho Bank Ltd. (The)(a)

     10,000         32,119   

Tokyo TY Financial Group, Inc.

     1,600         37,226   

TOMONY Holdings, Inc.(a)

     9,400         27,850   

Yamagata Bank Ltd. (The)(a)

     9,300         35,332   

Yamaguchi Financial Group, Inc.(a)

     11,511         104,771   

Yamanashi Chuo Bank Ltd. (The)(a)

     8,700         31,968   
     

 

 

 
Total Banks         7,262,008   
Capital Markets – 8.6%      

Daiwa Securities Group, Inc.

     58,330         359,285   

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

     11,000         35,233   

Marusan Securities Co., Ltd.(a)

     2,200         20,748   

Matsui Securities Co., Ltd.(a)

     4,300         36,690   

Monex Group, Inc.(a)

     7,300         18,900   

Nomura Holdings, Inc.

     99,690         446,053   

Okasan Securities Group, Inc.(a)

     9,700         50,746   

SBI Holdings, Inc.

     8,250         83,898   

Tokai Tokyo Financial Holdings, Inc.(a)

     8,850         48,583   
     

 

 

 
Total Capital Markets         1,100,136   
Consumer Finance – 4.0%      

Acom Co., Ltd.*(a)

     15,150         76,427   

AEON Financial Service Co., Ltd.(a)

     4,750         112,247   

Aiful Corp.*(a)

     11,800         41,785   

Credit Saison Co., Ltd.

     6,850         119,393   

Hitachi Capital Corp.

     2,250         49,046   

J Trust Co., Ltd.(a)

     4,300         34,776   

Jaccs Co., Ltd.(a)

     9,400         39,057   

Orient Corp.*

     23,800         47,433   
     

 

 

 
Total Consumer Finance         520,164   
Diversified Financial Services – 4.7%      

Century Tokyo Leasing Corp.

     2,220         82,464   

Fuyo General Lease Co., Ltd.

     1,167         49,890   

IBJ Leasing Co., Ltd.

     1,832         32,567   

Japan Exchange Group, Inc.

     20,880         320,273   

Japan Securities Finance Co., Ltd.

     6,260         25,175   

Mitsubishi UFJ Lease & Finance Co., Ltd.

     21,100         92,739   
     

 

 

 
Total Diversified Financial Services         603,108   
Insurance – 25.0%      

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

     45,740         554,480   

Japan Post Holdings Co., Ltd.

     17,059         227,969   

Japan Post Insurance Co., Ltd.

     2,767         64,033   

MS&AD Insurance Group Holdings, Inc.

     21,260         593,188   

Sompo Japan Nipponkoa Holdings, Inc.

     16,300         462,337   

Sony Financial Holdings, Inc.(a)

     6,600         84,441   

T&D Holdings, Inc.

     26,260         245,206   

Tokio Marine Holdings, Inc.

     28,940         978,442   
     

 

 

 
Total Insurance               3,210,096   
TOTAL COMMON STOCKS
(Cost: $16,994,057)
              12,695,512   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      135   


Table of Contents

Schedule of Investments (concluded)

WisdomTree Japan Hedged Financials Fund (DXJF)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 14.4%   
United States – 14.4%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(b)

     
(Cost: $1,843,858)(c)      1,843,858       $ 1,843,858   

TOTAL INVESTMENTS IN SECURITIES – 113.2%

(Cost: $18,837,915)

  

  

     14,539,370   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (13.2)%

        (1,693,127
     

 

 

 
NET ASSETS – 100.0%       $ 12,846,243   

 

* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(c) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $1,772,431 and the total market value of the collateral held by the Fund was $1,875,576. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $31,718.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS  

Settlement

Date

  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/4/2016

  JPY     595,709        USD        5,300      $   

4/5/2016

  JPY     272,169,440        USD        2,414,016        (7,624

4/5/2016

  JPY     207,371,616        USD        1,839,252        (5,847

4/5/2016

  JPY     272,163,888        USD        2,414,016        (7,575

4/5/2016

  JPY     272,172,096        USD        2,414,016        (7,648

4/5/2016

  JPY     272,173,061        USD        2,414,016        (7,657

4/5/2016

  JPY     107,998,302        USD        957,943        (2,977

4/5/2016

  USD     2,615,184        JPY        293,914,514        (66

4/5/2016

  USD     1,992,523        JPY        223,944,840        37   

4/5/2016

  USD     2,615,184        JPY        293,907,453        (129

4/5/2016

  USD     2,615,184        JPY        293,926,544        41   

4/5/2016

  USD     2,615,184        JPY        293,942,235        181   

5/9/2016

  JPY     229,611,375        USD        2,044,878        (108

5/9/2016

  JPY     301,377,122        USD        2,683,901        (252

5/9/2016

  JPY     301,384,368        USD        2,683,901        (316

5/9/2016

  JPY     301,380,611        USD        2,683,901        (283

5/9/2016

  JPY     301,393,493        USD        2,683,901        (397
                                $ (40,620

 

CURRENCY LEGEND

JPY

  – Japanese yen

USD

  – U.S. dollar

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments

WisdomTree Japan Hedged Health Care Fund (DXJH)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.5%      
Japan – 99.5%      
Biotechnology – 0.5%      

PeptiDream, Inc.*(a)

     1,600       $ 97,513   
Food & Staples Retailing – 6.1%      

Ain Holdings, Inc.

     1,575         80,856   

Cocokara fine, Inc.

     1,550         67,436   

Cosmos Pharmaceutical Corp.(a)

     660         109,868   

Kusuri No Aoki Co., Ltd.(a)

     1,000         54,718   

Matsumotokiyoshi Holdings Co., Ltd.

     2,970         155,641   

Sugi Holdings Co., Ltd.

     2,550         134,766   

Sundrug Co., Ltd.

     2,260         169,306   

Tsuruha Holdings, Inc.

     2,235         220,129   

Welcia Holdings Co., Ltd.

     1,600         92,246   
     

 

 

 
Total Food & Staples Retailing               1,084,966   
Health Care Equipment & Supplies – 22.4%      

Asahi Intecc Co., Ltd.

     3,600         168,797   

CYBERDYNE, Inc.*(a)

     3,300         63,126   

Hogy Medical Co., Ltd.(a)

     980         52,664   

Hoya Corp.

     28,400         1,081,724   

Jeol Ltd.

     4,000         20,286   

Mani, Inc.(a)

     700         10,768   

Nagaileben Co., Ltd.

     2,300         47,353   

Nakanishi, Inc.

     1,060         33,716   

Nihon Kohden Corp.

     5,900         146,877   

Nikkiso Co., Ltd.

     6,050         44,516   

Nipro Corp.(a)

     7,925         75,375   

Olympus Corp.

     19,040         741,136   

Paramount Bed Holdings Co., Ltd.

     1,350         49,426   

Sysmex Corp.

     11,010         689,625   

Terumo Corp.

     21,930         787,291   
     

 

 

 
Total Health Care Equipment & Supplies               4,012,680   
Health Care Providers & Services – 5.3%      

Alfresa Holdings Corp.

     13,540         260,090   

Medipal Holdings Corp.

     12,350         195,807   

Miraca Holdings, Inc.

     3,720         153,076   

Ship Healthcare Holdings, Inc.

     2,580         65,077   

Suzuken Co., Ltd.

     5,650         192,280   

Toho Holdings Co., Ltd.(a)

     4,150         88,911   
     

 

 

 
Total Health Care Providers & Services               955,241   
Health Care Technology – 1.8%      

M3, Inc.

     12,750         321,260   
Pharmaceuticals – 63.4%      

Astellas Pharma, Inc.

     116,560         1,551,956   

Chugai Pharmaceutical Co., Ltd.

     12,800         396,886   

Daiichi Sankyo Co., Ltd.(a)

     42,052         936,297   

Eisai Co., Ltd.

     16,310         982,416   

Hisamitsu Pharmaceutical Co., Inc.

     5,010         224,212   

Kaken Pharmaceutical Co., Ltd.

     2,400         145,416   

KYORIN Holdings, Inc.

     4,750         90,609   

Kyowa Hakko Kirin Co., Ltd.

     16,620         265,577   

Mitsubishi Tanabe Pharma Corp.(a)

     15,150         263,789   

Mochida Pharmaceutical Co., Ltd.

     1,070       $ 79,587   

Nichi-iko Pharmaceutical Co., Ltd.

     3,640         84,073   

Nippon Shinyaku Co., Ltd.(a)

     3,728         145,942   

Ono Pharmaceutical Co., Ltd.

     31,300         1,326,967   

Otsuka Holdings Co., Ltd.

     33,645         1,223,727   

Rohto Pharmaceutical Co., Ltd.

     8,521         155,417   

Santen Pharmaceutical Co., Ltd.(a)

     26,600         400,674   

Sawai Pharmaceutical Co., Ltd.

     2,330         146,150   

Seikagaku Corp.

     2,850         42,980   

Shionogi & Co., Ltd.

     18,450         869,520   

Sosei Group Corp.*(a)

     1,180         170,394   

Sumitomo Dainippon Pharma Co., Ltd.(a)

     10,900         125,685   

Takeda Pharmaceutical Co., Ltd.

     34,147         1,560,381   

Towa Pharmaceutical Co., Ltd.

     400         16,424   

Tsumura & Co.(a)

     4,645         111,667   

ZERIA Pharmaceutical Co., Ltd.(a)

     4,350         56,545   
     

 

 

 
Total Pharmaceuticals               11,373,291   

TOTAL COMMON STOCKS

(Cost: $17,777,226)

              17,844,951   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 13.7%   
United States – 13.7%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(b)

     
(Cost: $2,462,432)(c)      2,462,432         2,462,432   

TOTAL INVESTMENTS IN SECURITIES – 113.2%

(Cost: $20,239,658)

  

  

     20,307,383   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (13.2)%

        (2,373,148
     

 

 

 
NET ASSETS – 100.0%       $ 17,934,235   

 

* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(c) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $2,354,002 and the total market value of the collateral held by the Fund was $2,472,189. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $9,757.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      137   


Table of Contents

Schedule of Investments (concluded)

WisdomTree Japan Hedged Health Care Fund (DXJH)

March 31, 2016

 

  

 

 

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS  

Settlement

Date

  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/4/2016

  JPY     506,484        USD        4,500      $ (6

4/5/2016

  JPY     449,158,341        USD        3,983,825        (12,582

4/5/2016

  JPY     342,223,059        USD        3,035,297        (9,649

4/5/2016

  JPY     449,149,178        USD        3,983,825        (12,501

4/5/2016

  JPY     449,162,723        USD        3,983,825        (12,621

4/5/2016

  JPY     449,164,317        USD        3,983,825        (12,636

4/5/2016

  JPY     358,540,470        USD        3,161,766        (28,365

4/5/2016

  USD     3,161,766        JPY        358,735,867        30,103   

4/5/2016

  USD     1,580,883        JPY        177,998,572        2,868   

4/5/2016

  USD     2,782,358        JPY        312,716,449        51   

4/5/2016

  USD     3,651,839        JPY        410,421,785        (92

4/5/2016

  USD     3,651,839        JPY        410,411,926        (180

4/5/2016

  USD     3,651,839        JPY        410,438,584        58   

4/5/2016

  USD     3,651,839        JPY        410,460,495        253   

5/9/2016

  JPY     327,837,122        USD        2,919,659        (154

5/9/2016

  JPY     430,303,464        USD        3,832,049        (359

5/9/2016

  JPY     430,313,811        USD        3,832,049        (452

5/9/2016

  JPY     430,308,446        USD        3,832,049        (404

5/9/2016

  JPY     430,326,840        USD        3,832,049        (568
                                $ (57,236

 

CURRENCY LEGEND

JPY

  – Japanese yen

USD

  – U.S. dollar

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments

WisdomTree Japan Hedged Quality Dividend Growth Fund (JHDG)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.1%      
Japan – 99.1%      
Air Freight & Logistics – 0.3%      

Yamato Holdings Co., Ltd.

     2,135       $ 42,683   
Auto Components – 6.3%      

Aisin Seiki Co., Ltd.

     1,981         74,731   

Bridgestone Corp.

     8,392         313,967   

Denso Corp.

     6,364         256,157   

Exedy Corp.

     600         13,282   

Koito Manufacturing Co., Ltd.

     600         27,225   

NGK Spark Plug Co., Ltd.

     977         18,724   

NHK Spring Co., Ltd.

     1,568         15,025   

Nifco, Inc.(a)

     400         19,254   

Nissin Kogyo Co., Ltd.

     600         8,093   

NOK Corp.

     916         15,664   

Stanley Electric Co., Ltd.

     976         22,100   

Sumitomo Electric Industries Ltd.

     4,691         57,138   

Sumitomo Rubber Industries Ltd.

     3,022         46,757   

Toyo Tire & Rubber Co., Ltd.

     1,373         20,523   

Toyoda Gosei Co., Ltd.

     1,100         21,257   

Toyota Boshoku Corp.

     830         13,543   

TS Tech Co., Ltd.

     600         14,061   

Yokohama Rubber Co., Ltd. (The)

     1,500         24,703   
     

 

 

 
Total Auto Components         982,204   
Automobiles – 11.6%      

Fuji Heavy Industries Ltd.

     4,696         166,080   

Honda Motor Co., Ltd.

     15,710         431,345   

Isuzu Motors Ltd.

     6,488         67,076   

Mazda Motor Corp.

     1,183         18,383   

Nissan Motor Co., Ltd.

     46,984         435,374   

Suzuki Motor Corp.

     1,558         41,738   

Toyota Motor Corp.

     11,611         614,873   

Yamaha Motor Co., Ltd.

     2,115         35,227   
     

 

 

 
Total Automobiles         1,810,096   
Banks – 0.1%      

Suruga Bank Ltd.

     941         16,560   
Beverages – 1.2%      

Asahi Group Holdings Ltd.

     2,374         74,075   

Coca-Cola East Japan Co., Ltd.

     894         14,858   

Ito En Ltd.(a)

     653         20,654   

Suntory Beverage & Food Ltd.

     1,605         72,399   
     

 

 

 
Total Beverages         181,986   
Building Products – 0.8%      

Aica Kogyo Co., Ltd.

     548         11,526   

Daikin Industries Ltd.

     1,386         103,733   

Sanwa Holdings Corp.

     2,074         15,445   
     

 

 

 
Total Building Products         130,704   
Chemicals – 4.7%      

Air Water, Inc.

     1,244         18,439   

Asahi Kasei Corp.

     10,383         70,292   

Daicel Corp.

     2,300         31,473   

DIC Corp.

     9,940       $ 23,790   

Hitachi Chemical Co., Ltd.

     1,400         25,224   

JSR Corp.

     2,037         29,324   

Kansai Paint Co., Ltd.

     1,097         17,646   

Kuraray Co., Ltd.

     3,200         39,176   

Mitsubishi Chemical Holdings Corp.

     11,368         59,422   

Mitsubishi Gas Chemical Co., Inc.

     3,000         16,175   

Nihon Parkerizing Co., Ltd.

     931         8,432   

Nippon Paint Holdings Co., Ltd.

     859         19,084   

Nippon Shokubai Co., Ltd.

     300         15,294   

Nissan Chemical Industries Ltd.

     1,100         28,382   

Nitto Denko Corp.(a)

     1,000         55,670   

NOF Corp.

     1,699         12,063   

Shin-Etsu Chemical Co., Ltd.

     2,570         133,170   

Sumitomo Chemical Co., Ltd.

     8,000         36,229   

Taiyo Holdings Co., Ltd.

     298         10,102   

Toray Industries, Inc.

     8,000         68,274   

Tosoh Corp.

     4,000         16,833   

Zeon Corp.

     1,554         10,066   
     

 

 

 
Total Chemicals         744,560   
Commercial Services & Supplies – 1.1%      

Aeon Delight Co., Ltd.(a)

     400         12,865   

Park24 Co., Ltd.

     1,505         42,180   

Secom Co., Ltd.

     1,510         112,395   
     

 

 

 
Total Commercial Services & Supplies         167,440   
Construction & Engineering – 0.6%      

COMSYS Holdings Corp.(a)

     1,286         19,886   

JGC Corp.

     1,001         15,007   

Kajima Corp.

     4,332         27,211   

Kyowa Exeo Corp.

     958         10,654   

Maeda Road Construction Co., Ltd.

     790         13,046   

Nippo Corp.

     691         11,638   
     

 

 

 
Total Construction & Engineering         97,442   
Construction Materials – 0.2%      

Sumitomo Osaka Cement Co., Ltd.

     3,664         14,409   

Taiheiyo Cement Corp.

     8,793         20,262   
     

 

 

 
Total Construction Materials         34,671   
Electrical Equipment – 1.7%      

Fuji Electric Co., Ltd.

     6,214         21,507   

GS Yuasa Corp.

     2,733         11,696   

Mitsubishi Electric Corp.

     15,110         158,568   

Nidec Corp.

     938         64,269   

Nitto Kogyo Corp.

     500         7,981   
     

 

 

 
Total Electrical Equipment               264,021   
Electronic Equipment, Instruments & Components – 3.3%      

Alps Electric Co., Ltd.(a)

     436         7,611   

Azbil Corp.

     622         15,944   

Hamamatsu Photonics K.K.

     500         13,813   

Hirose Electric Co., Ltd.

     230         25,395   

Hitachi High-Technologies Corp.

     900         25,384   

Hitachi Ltd.

     29,873         139,963   

Horiba Ltd.

     200         7,474   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      139   


Table of Contents

Schedule of Investments (continued)

WisdomTree Japan Hedged Quality Dividend Growth Fund (JHDG)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Keyence Corp.

     93       $ 50,796   

Murata Manufacturing Co., Ltd.

     881         106,367   

Oki Electric Industry Co., Ltd.(a)

     9,000         12,732   

Omron Corp.

     1,100         32,786   

Shimadzu Corp.

     1,080         16,960   

TDK Corp.

     500         27,804   

Yaskawa Electric Corp.

     1,540         17,798   

Yokogawa Electric Corp.

     1,145         11,848   
     

 

 

 
Total Electronic Equipment, Instruments & Components         512,675   
Food & Staples Retailing – 2.8%      

FamilyMart Co., Ltd.

     777         40,442   

Lawson, Inc.

     1,267         106,189   

Matsumotokiyoshi Holdings Co., Ltd.

     200         10,481   

Seven & I Holdings Co., Ltd.

     5,385         229,591   

Sundrug Co., Ltd.

     325         24,347   

Tsuruha Holdings, Inc.

     200         19,699   

Welcia Holdings Co., Ltd.

     200         11,531   
     

 

 

 
Total Food & Staples Retailing               442,280   
Food Products – 1.2%      

Ajinomoto Co., Inc.

     2,469         55,786   

Calbee, Inc.

     400         15,908   

Ezaki Glico Co., Ltd.

     223         11,448   

Kikkoman Corp.

     672         22,122   

MEIJI Holdings Co., Ltd.

     400         32,208   

NH Foods Ltd.

     1,616         35,657   

Yakult Honsha Co., Ltd.(a)

     364         16,144   
     

 

 

 
Total Food Products               189,273   
Health Care Equipment & Supplies – 1.5%      

Hoya Corp.

     2,795         106,458   

Nihon Kohden Corp.

     533         13,269   

Nipro Corp.

     2,194         20,867   

Sysmex Corp.

     528         33,072   

Terumo Corp.

     1,762         63,256   
     

 

 

 
Total Health Care Equipment & Supplies               236,922   
Health Care Providers & Services – 0.1%      

Miraca Holdings, Inc.

     300         12,345   
Hotels, Restaurants & Leisure – 0.4%      

Oriental Land Co., Ltd.(a)

     649         46,021   

Resorttrust, Inc.

     626         14,086   
     

 

 

 
Total Hotels, Restaurants & Leisure               60,107   
Household Durables – 1.5%      

Casio Computer Co., Ltd.(a)

     1,821         36,794   

Haseko Corp.

     922         8,597   

Rinnai Corp.

     196         17,334   

Sekisui Chemical Co., Ltd.

     3,975         49,018   

Sekisui House Ltd.

     7,055         119,231   
     

 

 

 
Total Household Durables               230,974   
Household Products – 0.4%      

Lion Corp.

     1,000         11,290   

Pigeon Corp.

     618         16,149   

Unicharm Corp.

     1,400         30,505   
     

 

 

 
Total Household Products               57,944   
Insurance – 2.2%      

Sompo Japan Nipponkoa Holdings, Inc.

     2,837       80,469   

Sony Financial Holdings, Inc.(a)

     3,462         44,293   

Tokio Marine Holdings, Inc.

     6,459         218,375   
     

 

 

 
Total Insurance               343,137   
Internet & Catalog Retail – 0.2%      

Rakuten, Inc.

     1,510         14,584   

Start Today Co., Ltd.

     400         16,157   
     

 

 

 
Total Internet & Catalog Retail               30,741   
Internet Software & Services – 1.4%      

Kakaku.com, Inc.

     1,005         18,688   

Mixi, Inc.

     623         23,170   

Yahoo Japan Corp.(a)

     42,314         180,332   
     

 

 

 
Total Internet Software & Services               222,190   
IT Services – 1.3%      

Itochu Techno-Solutions Corp.

     1,200         22,677   

NEC Networks & System Integration Corp.

     549         8,548   

Nihon Unisys Ltd.(a)

     900         11,939   

Nomura Research Institute Ltd.

     1,500         50,580   

NS Solutions Corp.

     400         7,862   

Obic Co., Ltd.

     600         31,763   

Otsuka Corp.

     675         35,673   

SCSK Corp.

     749         29,322   

Transcosmos, Inc.

     490         12,748   
     

 

 

 
Total IT Services               211,112   
Leisure Products – 0.8%      

Bandai Namco Holdings, Inc.

     2,465         53,820   

Heiwa Corp.

     1,202         24,950   

Shimano, Inc.

     243         38,138   

Universal Entertainment Corp.(a)

     792         13,170   
     

 

 

 
Total Leisure Products               130,078   
Machinery – 7.4%      

Ebara Corp.

     2,935         12,273   

FANUC Corp.

     2,461         382,851   

Fujitec Co., Ltd.

     851         8,677   

Hino Motors Ltd.

     6,088         65,920   

Hitachi Construction Machinery Co., Ltd.(a)

     2,349         37,368   

Hoshizaki Electric Co., Ltd.

     252         21,053   

IHI Corp.

     7,677         16,256   

JTEKT Corp.

     2,415         31,371   

Kawasaki Heavy Industries Ltd.

     11,319         32,730   

Komatsu Ltd.

     9,622         164,026   

Kubota Corp.

     7,519         102,789   

Kurita Water Industries Ltd.

     902         20,601   

Makita Corp.

     999         62,040   

Minebea Co., Ltd.

     948         7,406   

Miura Co., Ltd.(a)

     994         18,581   

Nabtesco Corp.

     925         20,789   

NGK Insulators Ltd.

     1,223         22,622   

NSK Ltd.

     3,162         28,977   

OKUMA Corp.

     1,000         7,002   

OSG Corp.(a)

     651         12,169   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree Japan Hedged Quality Dividend Growth Fund (JHDG)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

SMC Corp.

     143       $ 33,258   

Sumitomo Heavy Industries Ltd.

     3,204         13,256   

Tadano Ltd.

     802         7,457   

THK Co., Ltd.

     1,248         23,051   

Tsubakimoto Chain Co.

     1,372         8,508   
     

 

 

 
Total Machinery         1,161,031   
Marine – 0.4%      

Kawasaki Kisen Kaisha Ltd.(a)

     13,257         25,713   

Nippon Yusen K.K.

     16,507         31,870   
     

 

 

 
Total Marine         57,583   
Media – 0.5%      

CyberAgent, Inc.(a)

     298         13,866   

Daiichikosho Co., Ltd.

     590         25,722   

Hakuhodo DY Holdings, Inc.

     1,713         19,432   

Toho Co., Ltd.

     748         19,706   
     

 

 

 
Total Media         78,726   
Metals & Mining – 1.7%      

Dowa Holdings Co., Ltd.(a)

     1,350         7,531   

Hitachi Metals Ltd.

     2,463         25,442   

Mitsubishi Materials Corp.

     8,000         22,634   

Mitsui Mining & Smelting Co., Ltd.

     6,000         9,609   

Nippon Steel & Sumitomo Metal Corp.

     6,700         128,879   

Sumitomo Metal Mining Co., Ltd.

     6,000         59,656   

UACJ Corp.(a)

     4,080         8,277   

Yamato Kogyo Co., Ltd.

     400         8,694   
     

 

 

 
Total Metals & Mining         270,722   
Multiline Retail – 0.4%      

Don Quijote Holdings Co., Ltd.

     200         6,958   

Isetan Mitsukoshi Holdings Ltd.

     900         10,530   

Izumi Co., Ltd.

     400         17,278   

Ryohin Keikaku Co., Ltd.

     112         23,716   
     

 

 

 
Total Multiline Retail         58,482   
Personal Products – 1.1%      

Kao Corp.

     2,687         143,512   

Kobayashi Pharmaceutical Co., Ltd.

     194         17,054   

Kose Corp.

     200         19,485   
     

 

 

 
Total Personal Products         180,051   
Pharmaceuticals – 4.7%      

Astellas Pharma, Inc.

     16,424         218,680   

Chugai Pharmaceutical Co., Ltd.

     3,235         100,307   

Eisai Co., Ltd.

     2,430         146,369   

Hisamitsu Pharmaceutical Co., Inc.

     733         32,804   

Kaken Pharmaceutical Co., Ltd.

     300         18,177   

KYORIN Holdings, Inc.

     753         14,364   

Mochida Pharmaceutical Co., Ltd.

     159         11,826   

Rohto Pharmaceutical Co., Ltd.

     660         12,038   

Santen Pharmaceutical Co., Ltd.

     2,448         36,874   

Sawai Pharmaceutical Co., Ltd.

     297         18,629   

Shionogi & Co., Ltd.

     1,795         84,595   

Sumitomo Dainippon Pharma Co., Ltd.

     2,191         25,264   

Tsumura & Co.

     878         21,107   
     

 

 

 
Total Pharmaceuticals         741,034   
Professional Services – 0.2%      

Meitec Corp.

     411       14,389   

Temp Holdings Co., Ltd.

     867         12,589   
     

 

 

 
Total Professional Services         26,978   
Real Estate Management & Development – 2.5%      

Daito Trust Construction Co., Ltd.

     1,061         150,850   

Daiwa House Industry Co., Ltd.

     5,800         163,378   

Hulic Co., Ltd.

     3,192         30,558   

Sumitomo Real Estate Sales Co., Ltd.

     600         11,568   

Sumitomo Realty & Development Co., Ltd.

     924         27,080   

Tokyo Tatemono Co., Ltd.

     800         9,979   
     

 

 

 
Total Real Estate Management & Development         393,413   
Road & Rail – 2.4%      

Central Japan Railway Co.

     478         84,653   

East Japan Railway Co.

     1,797         155,294   

Hitachi Transport System Ltd.

     686         11,487   

Nippon Express Co., Ltd.

     6,204         28,261   

Sankyu, Inc.

     2,602         11,899   

West Japan Railway Co.

     1,329         82,168   
     

 

 

 
Total Road & Rail         373,762   
Semiconductors & Semiconductor Equipment – 0.2%      

Disco Corp.

     244         20,711   

Shinko Electric Industries Co., Ltd.

     1,901         10,706   
     

 

 

 
Total Semiconductors & Semiconductor Equipment         31,417   
Software – 1.2%      

GungHo Online Entertainment, Inc.(a)

     3,591         10,128   

Konami Holdings Corp.(a)

     719         21,302   

Nexon Co., Ltd.

     1,238         21,137   

Oracle Corp.

     1,000         56,230   

Square Enix Holdings Co., Ltd.

     685         18,528   

Trend Micro, Inc.

     1,611         59,054   
     

 

 

 
Total Software               186,379   
Specialty Retail – 1.9%      

ABC-Mart, Inc.

     456         29,252   

AOKI Holdings, Inc.

     930         11,253   

Fast Retailing Co., Ltd.

     253         81,081   

Hikari Tsushin, Inc.

     377         28,746   

K’s Holdings Corp.(a)

     411         13,640   

Nitori Holdings Co., Ltd.

     300         27,519   

Sanrio Co., Ltd.

     991         19,406   

Shimamura Co., Ltd.

     170         21,251   

T-Gaia Corp.

     782         9,066   

United Arrows Ltd.

     300         12,425   

USS Co., Ltd.

     2,325         37,193   
     

 

 

 
Total Specialty Retail               290,832   
Technology Hardware, Storage & Peripherals – 5.2%      

Brother Industries Ltd.

     2,213         25,478   

Canon, Inc.

     20,593         614,703   

FUJIFILM Holdings Corp.

     2,776         109,933   

Konica Minolta, Inc.

     3,300         28,069   

NEC Corp.

     13,176         33,176   
     

 

 

 
Total Technology Hardware, Storage & Peripherals               811,359   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      141   


Table of Contents

Schedule of Investments (concluded)

WisdomTree Japan Hedged Quality Dividend Growth Fund (JHDG)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Textiles, Apparel & Luxury Goods – 0.1%      

Asics Corp.

     795       $ 14,182   
Tobacco – 5.5%      

Japan Tobacco, Inc.

     20,573         858,467   
Trading Companies & Distributors – 6.7%      

ITOCHU Corp.

     19,799         244,152   

Marubeni Corp.

     27,355         138,728   

MISUMI Group, Inc.

     900         12,900   

Mitsubishi Corp.

     17,659         299,462   

Mitsui & Co., Ltd.

     29,671         341,865   

Nippon Steel & Sumikin Bussan Corp.

     3,000         10,009   
     

 

 

 
Total Trading Companies & Distributors               1,047,116   
Transportation Infrastructure – 0.0%      

Kamigumi Co., Ltd.

     698         6,577   
Wireless Telecommunication Services – 11.3%      

KDDI Corp.

     22,887         612,112   

NTT DOCOMO, Inc.

     45,246         1,027,540   

SoftBank Group Corp.

     2,895         138,214   
     

 

 

 
Total Wireless Telecommunication Services               1,777,866   

TOTAL COMMON STOCKS

(Cost: $16,690,151)

              15,518,122   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.8%   
United States – 3.8%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(b)

     
(Cost: $595,235)(c)      595,235         595,235   

TOTAL INVESTMENTS IN SECURITIES – 102.9%

(Cost: $17,285,386)

  

  

     16,113,357   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (2.9)%

        (456,556
     

 

 

 
NET ASSETS – 100.0%       $ 15,656,801   

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(c) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $600,464 and the total market value of the collateral held by the Fund was $632,176. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $36,941.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS  

Settlement

Date

  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/5/2016

  JPY     358,619,533        USD        3,180,788      $ (10,046

4/5/2016

  JPY     273,239,557        USD        2,423,458        (7,704

4/5/2016

  JPY     358,612,217        USD        3,180,788        (9,981

4/5/2016

  JPY     358,623,032        USD        3,180,788        (10,077

4/5/2016

  JPY     358,624,304        USD        3,180,788        (10,089

4/5/2016

  USD     2,423,458        JPY        272,378,745        45   

4/5/2016

  USD     3,180,788        JPY        357,481,447        (80

4/5/2016

  USD     3,180,788        JPY        357,472,859        (156

4/5/2016

  USD     3,180,788        JPY        357,496,079        50   

4/5/2016

  USD     3,180,788        JPY        357,515,163        220   

5/9/2016

  JPY     283,879,921        USD        2,528,184        (134

5/9/2016

  JPY     372,607,043        USD        3,318,236        (311

5/9/2016

  JPY     372,616,002        USD        3,318,236        (391

5/9/2016

  JPY     372,611,356        USD        3,318,236        (350

5/9/2016

  JPY     372,627,284        USD        3,318,236        (491
                                $ (49,495

 

CURRENCY LEGEND

JPY

  – Japanese yen

USD

  – U.S. dollar

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments

WisdomTree Japan Hedged Real Estate Fund (DXJR)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.6%      
Japan – 99.6%      
Building Products – 3.9%      

LIXIL Group Corp.(a)

     134,379       $ 2,743,892   

Nichias Corp.

     71,623         428,865   

Takara Standard Co., Ltd.

     19,087         173,727   

TOTO Ltd.(a)

     80,641         2,518,350   
     

 

 

 
Total Building Products         5,864,834   
Construction & Engineering – 13.4%      

Hazama Ando Corp.

     105,206         512,949   

Kajima Corp.

     498,547         3,131,582   

Kumagai Gumi Co., Ltd.

     202,919         516,347   

Maeda Corp.(a)

     89,196         665,825   

Maeda Road Construction Co., Ltd.

     21,833         360,533   

Nippo Corp.

     14,597         245,848   

Nishimatsu Construction Co., Ltd.(a)

     120,858         519,368   

Obayashi Corp.

     361,783         3,572,927   

Okumura Corp.(a)

     100,387         531,432   

Penta-Ocean Construction Co., Ltd.

     143,691         602,148   

Raito Kogyo Co., Ltd.

     23,922         221,352   

Shimizu Corp.

     376,428         3,195,092   

SHO-BOND Holdings Co., Ltd.(a)

     12,033         458,216   

Sumitomo Mitsui Construction Co., Ltd.(a)

     482,846         433,893   

Taisei Corp.

     593,209         3,926,754   

Toda Corp.(a)

     120,213         581,840   

Tokyu Construction Co., Ltd.(a)

     48,909         400,341   

Totetsu Kogyo Co., Ltd.(a)

     12,360         380,494   
     

 

 

 
Total Construction & Engineering         20,256,941   
Construction Materials – 1.5%      

Sumitomo Osaka Cement Co., Ltd.

     207,842         817,351   

Taiheiyo Cement Corp.

     647,909         1,493,024   
     

 

 

 
Total Construction Materials         2,310,375   
Household Durables – 8.3%      

Haseko Corp.

     143,376         1,336,875   

Iida Group Holdings Co., Ltd.

     99,014         1,933,678   

PanaHome Corp.(a)

     18,045         135,665   

Sekisui Chemical Co., Ltd.

     230,168         2,838,319   

Sekisui House Ltd.

     309,210         5,225,716   

Sumitomo Forestry Co., Ltd.

     82,368         947,567   

Token Corp.

     1,637         133,995   
     

 

 

 
Total Household Durables         12,551,815   
Real Estate Investment Trusts (REITs) – 32.0%      

Activia Properties, Inc.

     299         1,553,592   

Advance Residence Investment Corp.

     668         1,693,253   

AEON REIT Investment Corp.(a)

     462         592,735   

Daiwa House REIT Investment Corp.(a)

     191         838,636   

Daiwa House Residential Investment Corp.

     391         816,823   

Daiwa Office Investment Corp.

     169         1,052,538   

Frontier Real Estate Investment Corp.

     237         1,140,771   

Fukuoka REIT Corp.

     356         644,566   

Global One Real Estate Investment Corp.(a)

     115         459,407   

GLP J-REIT

     1,186         1,353,831   

Hankyu REIT, Inc.

     299       $ 365,520   

Hoshino Resorts REIT, Inc.

     26         317,843   

Hulic Reit, Inc.(a)

     357         581,263   

Ichigo Office REIT Investment

     718         555,133   

Industrial & Infrastructure Fund Investment Corp.

     148         688,678   

Invincible Investment Corp.

     1,398         1,049,791   

Japan Excellent, Inc.

     640         865,519   

Japan Hotel REIT Investment Corp.

     1,633         1,439,835   

Japan Logistics Fund, Inc.

     471         985,205   

Japan Prime Realty Investment Corp.

     472         1,925,459   

Japan Real Estate Investment Corp.

     635         3,672,316   

Japan Rental Housing Investments, Inc.

     586         433,263   

Japan Retail Fund Investment Corp.

     1,305         3,137,248   

Kenedix Office Investment Corp.

     206         1,184,003   

Kenedix Residential Investment Corp.

     199         524,434   

Kenedix Retail REIT Corp.

     199         483,181   

MCUBS MidCity Investment Corp.

     121         363,877   

Mori Hills REIT Investment Corp.

     697         1,032,524   

Mori Trust Sogo REIT, Inc.

     523         905,519   

Nippon Accommodations Fund, Inc.

     239         921,807   

Nippon Building Fund, Inc.

     680         4,035,411   

Nippon Prologis REIT, Inc.

     938         2,102,248   

NIPPON REIT Investment Corp.(a)

     204         535,615   

Nomura Real Estate Master Fund, Inc.

     1,841         2,751,795   

Orix JREIT, Inc.

     1,192         1,850,652   

Premier Investment Corp.

     661         818,053   

Sekisui House REIT, Inc.(a)

     446         514,669   

Sekisui House SI Residential Investment Corp.

     538         553,820   

Tokyu REIT, Inc.

     492         676,311   

Top REIT, Inc.

     96         379,661   

United Urban Investment Corp.

     1,545         2,500,427   
     

 

 

 
Total Real Estate Investment Trusts (REITs)         48,297,232   
Real Estate Management & Development – 37.9%   

Aeon Mall Co., Ltd.

     62,248         923,239   

Daito Trust Construction Co., Ltd.

     42,324         6,017,505   

Daiwa House Industry Co., Ltd.

     315,273         8,880,772   

Hulic Co., Ltd.

     231,090         2,212,312   

Kenedix, Inc.

     138,003         604,097   

Leopalace21 Corp.

     138,967         840,763   

Mitsubishi Estate Co., Ltd.

     661,199         12,298,025   

Mitsui Fudosan Co., Ltd.

     489,478         12,228,784   

Nomura Real Estate Holdings, Inc.

     63,979         1,184,006   

NTT Urban Development Corp.

     53,039         519,560   

Open House Co., Ltd.

     12,300         244,917   

Relo Holdings, Inc.

     4,010         538,377   

Sumitomo Realty & Development Co., Ltd.

     239,563         7,020,958   

TOC Co., Ltd.(a)

     34,700         293,913   

Tokyo Tatemono Co., Ltd.

     110,449         1,377,726   

Tokyu Fudosan Holdings Corp.

     251,294         1,708,160   

Unizo Holdings Co., Ltd.(a)

     8,300         357,787   
     

 

 

 
Total Real Estate Management & Development         57,250,901   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      143   


Table of Contents

Schedule of Investments (concluded)

WisdomTree Japan Hedged Real Estate Fund (DXJR)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Transportation Infrastructure – 2.6%      

Japan Airport Terminal Co., Ltd.(a)

     35,488       $ 1,262,975   

Kamigumi Co., Ltd.

     119,410         1,125,096   

Mitsubishi Logistics Corp.(a)

     78,968         1,038,433   

Sumitomo Warehouse Co., Ltd. (The)

     81,803         417,039   
     

 

 

 
Total Transportation Infrastructure               3,843,543   

TOTAL COMMON STOCKS

(Cost: $137,209,673)

              150,375,641   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 7.6%   
United States – 7.6%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(b)

     
(Cost: $11,557,970)(c)      11,557,970         11,557,970   
TOTAL INVESTMENTS IN SECURITIES – 107.2%
(Cost: $148,767,643)
         161,933,611   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (7.2)%

        (10,940,382
     

 

 

 
NET ASSETS – 100.0%       $ 150,993,229   

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(c) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $11,555,642 and the total market value of the collateral held by the Fund was $12,153,265. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $595,295.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS  

Settlement

Date

  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/4/2016

  JPY     6,600,000        USD        58,672      $ (50

4/5/2016

  JPY     3,502,862,668        USD        31,068,455        (98,430

4/5/2016

  JPY     3,502,828,493        USD        31,068,455        (98,126

4/5/2016

  JPY     2,668,876,287        USD        23,671,205        (75,247

4/5/2016

  JPY     3,502,757,035        USD        31,068,455        (97,490

4/5/2016

  JPY     3,502,875,095        USD        31,068,455        (98,540

4/5/2016

  JPY     141,167,593        USD        1,253,771        (2,274

4/5/2016

  USD     2,507,543        JPY        284,507,333        23,874   

4/5/2016

  USD     23,470,601        JPY        2,637,921,869        433   

4/5/2016

  USD     30,805,163        JPY        3,462,121,417        (775

4/5/2016

  USD     30,805,163        JPY        3,462,038,243        (1,515

4/5/2016

  USD     30,805,163        JPY        3,462,263,121        485   

4/5/2016

  USD     30,805,163        JPY        3,462,447,952        2,130   

5/9/2016

  JPY     2,727,985,297        USD        24,294,951        (1,283

5/9/2016

  JPY     3,580,627,025        USD        31,887,120        (2,990

5/9/2016

  JPY     3,580,668,479        USD        31,887,120        (3,359

5/9/2016

  JPY     3,580,713,121        USD        31,887,120        (3,757

5/9/2016

  JPY     3,580,821,537        USD        31,887,120        (4,723
                                $ (461,637

 

CURRENCY LEGEND:

JPY

  – Japanese yen

USD

  – U.S. dollar

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.0%      
Japan – 99.0%      
Aerospace & Defense – 0.1%      

Jamco Corp.(a)

     1,800       $ 45,098   
Air Freight & Logistics – 0.3%      

AIT Corp.(a)

     6,600         54,963   

Kintetsu World Express, Inc.

     2,700         35,938   

Konoike Transport Co., Ltd.

     7,100         83,195   

Mitsui-Soko Holdings Co., Ltd.

     30,000         80,075   
     

 

 

 
Total Air Freight & Logistics         254,171   
Auto Components – 4.3%      

Aisan Industry Co., Ltd.

     16,000         126,127   

Calsonic Kansei Corp.

     16,000         119,151   

Daido Metal Co., Ltd.

     5,300         41,025   

Daikyonishikawa Corp.

     10,800         155,185   

Eagle Industry Co., Ltd.

     3,400         44,861   

Exedy Corp.

     8,600         190,371   

FCC Co., Ltd.

     9,000         152,302   

G-Tekt Corp.

     7,298         83,502   

Kasai Kogyo Co., Ltd.

     4,400         45,568   

Keihin Corp.

     12,700         189,944   

Kinugawa Rubber Industrial Co., Ltd.

     14,000         95,538   

KYB Corp.

     58,000         171,840   

Musashi Seimitsu Industry Co., Ltd.(a)

     5,300         105,345   

Nifco, Inc.

     8,200         394,697   

Nissin Kogyo Co., Ltd.

     11,700         157,811   

Pacific Industrial Co., Ltd.(a)

     12,200         122,982   

Piolax, Inc.

     1,500         74,603   

Press Kogyo Co., Ltd.

     21,300         71,824   

Riken Corp.

     19,000         62,209   

Sanden Holdings Corp.(a)

     24,000         68,758   

Sanoh Industrial Co., Ltd.

     7,100         38,850   

Shoei Co., Ltd.

     4,400         72,971   

Showa Corp.

     18,000         157,267   

Sumitomo Riko Co., Ltd.

     16,500         144,014   

Taiho Kogyo Co., Ltd.

     6,000         62,085   

Tokai Rika Co., Ltd.

     14,925         281,251   

Topre Corp.

     7,200         134,333   

TPR Co., Ltd.

     4,306         113,172   

TS Tech Co., Ltd.

     10,900         255,444   

Unipres Corp.

     4,300         75,024   

Yorozu Corp.

     4,700         98,688   
     

 

 

 
Total Auto Components         3,906,742   
Automobiles – 0.1%      

Nissan Shatai Co., Ltd.

     7,100         71,572   
Banks – 5.6%      

77 Bank Ltd. (The)

     39,000         138,102   

Akita Bank Ltd. (The)

     34,000         92,869   

Aomori Bank Ltd. (The)

     38,000         110,895   

Ashikaga Holdings Co., Ltd.

     50,800         145,537   

Awa Bank Ltd. (The)

     23,000         111,526   

Bank of Nagoya Ltd. (The)(a)

     29,000         95,467   

Bank of Okinawa Ltd. (The)

     2,300       75,613   

Bank of Saga Ltd. (The)

     44,000         82,993   

Bank of the Ryukyus Ltd.

     7,300         82,096   

Chukyo Bank Ltd. (The)

     37,000         63,864   

Daishi Bank Ltd. (The)

     54,000         185,933   

Ehime Bank Ltd. (The)(a)

     44,000         91,214   

Eighteenth Bank Ltd. (The)

     44,000         97,869   

FIDEA Holdings Co., Ltd.

     30,400         47,874   

Fukui Bank Ltd. (The)(a)

     37,000         67,485   

Higashi-Nippon Bank Ltd. (The)

     39,000         96,020   

Hokkoku Bank Ltd. (The)

     42,000         110,610   

Hokuetsu Bank Ltd. (The)

     54,000         87,442   

Hyakugo Bank Ltd. (The)

     41,000         153,939   

Hyakujushi Bank Ltd. (The)

     50,000         140,576   

Juroku Bank Ltd. (The)

     63,000         188,336   

Kansai Urban Banking Corp.

     15,600         153,925   

Keiyo Bank Ltd. (The)

     43,000         155,710   

Kiyo Bank Ltd. (The)

     13,398         152,105   

Kyushu Financial Group, Inc.

     58,100         335,486   

Mie Bank Ltd. (The)

     40,000         71,177   

Minato Bank Ltd. (The)

     43,587         58,558   

Miyazaki Bank Ltd. (The)

     24,000         58,508   

Musashino Bank Ltd. (The)

     5,500         138,729   

Nanto Bank Ltd. (The)

     44,000         119,792   

Nishi-Nippon City Bank Ltd. (The)

     129,000         228,400   

North Pacific Bank Ltd.

     42,200         107,006   

Ogaki Kyoritsu Bank Ltd. (The)

     61,000         184,528   

Oita Bank Ltd. (The)

     21,000         65,581   

San-In Godo Bank Ltd. (The)

     16,500         102,175   

Senshu Ikeda Holdings, Inc.

     56,100         202,149   

Shiga Bank Ltd. (The)(a)

     20,000         84,345   

Shikoku Bank Ltd. (The)

     44,000         84,950   

Tochigi Bank Ltd. (The)

     15,000         57,120   

Toho Bank Ltd. (The)

     34,000         109,204   

Tokyo TY Financial Group, Inc.

     3,500         81,432   

TOMONY Holdings, Inc.

     15,800         46,812   

Towa Bank Ltd. (The)

     100,000         77,406   

Yamagata Bank Ltd. (The)(a)

     16,000         60,786   

Yamanashi Chuo Bank Ltd. (The)

     21,000         77,165   
     

 

 

 
Total Banks         5,079,309   
Beverages – 1.8%      

Coca-Cola East Japan Co., Ltd.

     16,000         265,919   

Coca-Cola West Co., Ltd.

     19,817         491,215   

Ito En Ltd.(a)

     12,600         398,532   

Sapporo Holdings Ltd.

     58,000         288,981   

Takara Holdings, Inc.

     18,900         155,882   
     

 

 

 
Total Beverages         1,600,529   
Building Products – 1.6%      

Aica Kogyo Co., Ltd.

     9,100         191,400   

Bunka Shutter Co., Ltd.

     12,100         99,582   

Central Glass Co., Ltd.

     29,000         157,649   

Nichias Corp.

     27,000         161,671   

Nichiha Corp.

     6,500         98,487   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      145   


Table of Contents

Schedule of Investments (continued)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Nitto Boseki Co., Ltd.

     18,000       $ 58,134   

Noritz Corp.(a)

     6,000         97,905   

Sanwa Holdings Corp.

     33,400         248,728   

Sinko Industries Ltd.

     6,300         91,646   

Takara Standard Co., Ltd.

     14,435         131,385   

Takasago Thermal Engineering Co., Ltd.(a)

     11,600         145,935   
     

 

 

 
Total Building Products         1,482,522   
Capital Markets – 2.5%      

GCA Savvian Corp.

     6,400         67,419   

Ichiyoshi Securities Co., Ltd.

     13,200         112,628   

IwaiCosmo Holdings, Inc.(a)

     10,000         97,335   

kabu.com Securities Co., Ltd.

     87,200         279,301   

Kyokuto Securities Co., Ltd.(a)

     16,000         192,606   

Marusan Securities Co., Ltd.(a)

     44,100         415,908   

Matsui Securities Co., Ltd.(a)

     89,600         764,504   

Monex Group, Inc.

     68,065         176,226   

Nihon M&A Center, Inc.(a)

     2,100         122,381   

Toyo Securities Co., Ltd.

     31,000         77,504   
     

 

 

 
Total Capital Markets         2,305,812   
Chemicals – 7.6%      

Achilles Corp.

     44,000         56,373   

ADEKA Corp.

     16,400         239,737   

Chugoku Marine Paints Ltd.

     13,000         85,822   

Dainichiseika Color & Chemicals Manufacturing Co., Ltd.

     14,000         56,052   

Denka Co., Ltd.

     96,000         395,462   

DIC Corp.

     196,000         469,096   

Fujimori Kogyo Co., Ltd.

     2,200         51,792   

Ihara Chemical Industry Co., Ltd.

     5,900         76,326   

JCU Corp.(a)

     1,400         46,087   

JSP Corp.

     4,417         88,108   

Kaneka Corp.

     60,240         516,672   

Kureha Corp.(a)

     43,000         136,963   

Lintec Corp.

     10,900         195,317   

Mitsubishi Gas Chemical Co., Inc.

     84,000         452,903   

Nihon Parkerizing Co., Ltd.

     12,700         115,028   

Nippon Kayaku Co., Ltd.

     29,000         293,625   

Nippon Shokubai Co., Ltd.

     5,100         260,003   

Nippon Soda Co., Ltd.

     19,000         95,850   

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

     14,000         88,812   

Nippon Valqua Industries Ltd.

     43,000         112,861   

NOF Corp.

     29,000         205,899   

Okamoto Industries, Inc.(a)

     15,000         126,785   

Osaka Soda Co., Ltd.(a)

     24,885         90,998   

Sakai Chemical Industry Co., Ltd.

     22,000         60,483   

Sakata INX Corp.

     10,100         110,170   

Sanyo Chemical Industries Ltd.

     15,000         105,832   

Sekisui Plastics Co., Ltd.

     14,000         42,475   

Shikoku Chemicals Corp.

     9,000         78,153   

Showa Denko K.K.

     247,759         255,706   

Sumitomo Bakelite Co., Ltd.

     43,000         168,718   

Sumitomo Seika Chemicals Co., Ltd.

     15,000         74,203   

Taiyo Holdings Co., Ltd.

     4,600         155,932   

Takasago International Corp.

     3,500       78,286   

Takiron Co., Ltd.

     23,000         114,187   

Toagosei Co., Ltd.

     24,600         205,082   

Tokai Carbon Co., Ltd.

     40,000         95,022   

Toyo Ink SC Holdings Co., Ltd.

     71,000         284,897   

Toyobo Co., Ltd.

     160,000         240,580   

Ube Industries Ltd.

     216,800         383,853   

Zeon Corp.

     28,000         181,360   
     

 

 

 
Total Chemicals         6,891,510   
Commercial Services & Supplies – 2.3%      

Aeon Delight Co., Ltd.

     6,500         209,062   

Daiseki Co., Ltd.

     3,000         49,166   

Kokuyo Co., Ltd.

     13,100         153,501   

Mitsubishi Pencil Co., Ltd.

     1,400         60,163   

NAC Co., Ltd.(a)

     8,300         64,394   

Nippon Parking Development Co., Ltd.(a)

     53,700         59,722   

Nissha Printing Co., Ltd.(a)

     4,300         63,049   

Okamura Corp.

     16,800         160,683   

Park24 Co., Ltd.

     30,400         851,995   

Pilot Corp.

     1,400         53,437   

Relia, Inc.

     10,100         93,546   

Sato Holdings Corp.

     4,400         93,798   

Toppan Forms Co., Ltd.

     15,200         169,452   
     

 

 

 
Total Commercial Services & Supplies         2,081,968   
Communications Equipment – 0.3%      

Hitachi Kokusai Electric, Inc.

     17,200         207,052   

Japan Radio Co., Ltd.

     13,000         34,583   
     

 

 

 
Total Communications Equipment         241,635   
Construction & Engineering – 4.4%      

Asunaro Aoki Construction Co., Ltd.

     10,200         65,976   

COMSYS Holdings Corp.(a)

     20,500         316,998   

Dai-Dan Co., Ltd.

     13,000         86,054   

Fudo Tetra Corp.(a)

     40,000         44,842   

Hazama Ando Corp.

     20,500         99,951   

Kandenko Co., Ltd.(a)

     35,000         250,056   

Kyowa Exeo Corp.

     21,700         241,336   

Kyudenko Corp.(a)

     9,000         214,520   

Maeda Corp.

     14,000         104,506   

Maeda Road Construction Co., Ltd.

     14,000         231,185   

Mirait Holdings Corp.

     12,644         100,796   

NDS Co., Ltd.

     11,000         30,339   

Nippo Corp.

     12,000         202,109   

Nippon Densetsu Kogyo Co., Ltd.

     6,200         124,778   

Nippon Koei Co., Ltd.

     15,000         47,378   

Nippon Road Co., Ltd. (The)

     39,000         181,476   

Nishimatsu Construction Co., Ltd.

     51,000         219,164   

Okumura Corp.

     42,000         222,341   

Penta-Ocean Construction Co., Ltd.

     21,800         91,355   

Sumitomo Mitsui Construction Co., Ltd.

     16,600         14,917   

Taikisha Ltd.

     4,500         108,661   

TOA ROAD Corp.

     15,000         50,047   

Toda Corp.

     43,000         208,123   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Toenec Corp.

     14,000       $ 86,445   

Tokyu Construction Co., Ltd.

     14,200         116,233   

Totetsu Kogyo Co., Ltd.

     2,900         89,274   

Toyo Construction Co., Ltd.(a)

     18,700         81,691   

Toyo Engineering Corp.(a)

     20,000         52,138   

Yahagi Construction Co., Ltd.(a)

     10,100         70,991   

Yokogawa Bridge Holdings Corp.(a)

     7,300         78,589   

Yurtec Corp.

     13,000         108,724   
     

 

 

 
Total Construction & Engineering         3,940,993   
Construction Materials – 0.2%      

Sumitomo Osaka Cement Co., Ltd.

     57,000         224,156   
Containers & Packaging – 0.7%      

FP Corp.

     4,300         184,212   

Fuji Seal International, Inc.

     3,900         138,449   

Rengo Co., Ltd.

     62,381         315,249   
     

 

 

 
Total Containers & Packaging         637,910   
Distributors – 1.1%      

Canon Marketing Japan, Inc.

     30,000         524,757   

Chori Co., Ltd.

     4,700         60,927   

Doshisha Co., Ltd.

     6,700         123,514   

Happinet Corp.(a)

     6,000         54,558   

Paltac Corp.

     13,803         244,756   
     

 

 

 
Total Distributors         1,008,512   
Diversified Consumer Services – 1.0%      

Benesse Holdings, Inc.(a)

     27,200         784,092   

Meiko Network Japan Co., Ltd.

     7,000         76,418   

Studio Alice Co., Ltd.

     3,500         76,605   
     

 

 

 
Total Diversified Consumer Services         937,115   
Diversified Financial Services – 0.2%      

Financial Products Group Co., Ltd.(a)

     7,300         88,136   

Ricoh Leasing Co., Ltd.

     4,300         127,973   
     

 

 

 
Total Diversified Financial Services         216,109   
Electric Utilities – 0.1%      

Okinawa Electric Power Co., Inc. (The)

     4,000         107,834   
Electrical Equipment – 1.7%      

Daihen Corp.

     14,000         63,775   

Denyo Co., Ltd.

     2,700         27,842   

Endo Lighting Corp.

     7,209         65,679   

Fujikura Ltd.

     37,000         174,474   

Furukawa Electric Co., Ltd.

     78,261         169,202   

GS Yuasa Corp.

     71,000         303,848   

Idec Corp.

     13,100         124,712   

Nissin Electric Co., Ltd.

     15,900         173,719   

Nitto Kogyo Corp.

     7,400         118,116   

Sanyo Denki Co., Ltd.

     10,000         46,710   

Tatsuta Electric Wire and Cable Co., Ltd.

     14,500         45,927   

Ushio, Inc.

     17,600         234,260   
     

 

 

 
Total Electrical Equipment         1,548,264   
Electronic Equipment, Instruments & Components – 4.7%      

Ai Holdings Corp.

     7,600         220,775   

Amano Corp.

     17,500         276,680   

Anritsu Corp.(a)

     36,200       199,367   

Azbil Corp.

     13,400         343,480   

Canon Electronics, Inc.

     10,100         148,811   

Citizen Holdings Co., Ltd.

     57,000         323,555   

CONEXIO Corp.(a)

     17,900         181,238   

Daiwabo Holdings Co., Ltd.

     57,000         106,499   

Enplas Corp.

     3,029         112,380   

Hakuto Co., Ltd.

     7,300         64,365   

Horiba Ltd.

     5,800         216,736   

Iriso Electronics Co., Ltd.(a)

     800         39,717   

Japan Aviation Electronics Industry Ltd.

     7,000         82,085   

Kaga Electronics Co., Ltd.

     9,300         118,158   

Koa Corp.

     7,200         53,362   

Mitsumi Electric Co., Ltd.*(a)

     15,100         70,264   

Nippon Electric Glass Co., Ltd.

     90,000         461,230   

Nippon Signal Co., Ltd.

     9,200         76,206   

Nohmi Bosai Ltd.

     7,366         111,675   

Oki Electric Industry Co., Ltd.(a)

     141,000         199,466   

Panasonic Industrial Devices SUNX Co., Ltd.

     8,700         46,366   

Ryoden Trading Co., Ltd.

     15,000         88,082   

Ryosan Co., Ltd.

     7,100         177,634   

Sanshin Electronics Co., Ltd.

     9,900         78,305   

Siix Corp.

     3,600         110,343   

SMK Corp.

     22,000         113,137   

Taiyo Yuden Co., Ltd.

     7,200         70,338   

Tokyo Electron Device Ltd.(a)

     5,700         76,629   

Topcon Corp.(a)

     5,300         69,978   

UKC Holdings Corp.

     3,100         61,589   
     

 

 

 
Total Electronic Equipment, Instruments & Components         4,298,450   
Energy Equipment & Services – 0.3%      

Modec, Inc.(a)

     10,200         149,649   

Shinko Plantech Co., Ltd.

     13,100         99,886   
     

 

 

 
Total Energy Equipment & Services         249,535   
Food & Staples Retailing – 3.2%      

Ain Holdings, Inc.

     1,400         71,872   

Arcs Co., Ltd.

     9,100         204,111   

Axial Retailing, Inc.

     3,100         102,189   

Belc Co., Ltd.

     2,600         98,314   

Cocokara fine, Inc.

     4,300         187,081   

Heiwado Co., Ltd.

     5,400         112,233   

Inageya Co., Ltd.(a)

     6,300         79,314   

Kato Sangyo Co., Ltd.

     7,100         175,802   

Kobe Bussan Co., Ltd.

     2,400         55,647   

Life Corp.

     4,400         110,318   

Matsumotokiyoshi Holdings Co., Ltd.

     6,600         345,869   

Ministop Co., Ltd.

     7,200         131,258   

Mitsubishi Shokuhin Co., Ltd.

     9,500         241,906   

Qol Co., Ltd.

     4,400         66,199   

San-A Co., Ltd.

     1,700         80,466   

UNY Group Holdings Co., Ltd.

     63,536         448,277   

Valor Holdings Co., Ltd.

     6,400         161,658   

Welcia Holdings Co., Ltd.

     2,500         144,135   

Yaoko Co., Ltd.

     2,200         97,380   
     

 

 

 
Total Food & Staples Retailing         2,914,029   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      147   


Table of Contents

Schedule of Investments (continued)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Food Products – 4.0%      

Ariake Japan Co., Ltd.

     4,100       $ 240,758   

Fuji Oil Holdings, Inc.

     13,251         239,212   

Fujicco Co., Ltd.(a)

     4,400         92,075   

Hokuto Corp.(a)

     6,500         128,733   

Itoham Foods, Inc.(a)

     28,000         183,602   

J-Oil Mills, Inc.

     32,000         97,940   

Kagome Co., Ltd.(a)

     6,700         131,145   

Marudai Food Co., Ltd.

     23,000         89,426   

Maruha Nichiro Corp.

     7,200         134,462   

Megmilk Snow Brand Co., Ltd.

     13,300         334,763   

Mitsui Sugar Co., Ltd.

     36,000         160,790   

Morinaga & Co., Ltd.

     38,000         193,728   

Morinaga Milk Industry Co., Ltd.

     41,000         219,965   

Nichirei Corp.

     41,000         334,143   

Nippon Flour Mills Co., Ltd.

     32,000         263,357   

Nippon Suisan Kaisha Ltd.

     24,700         120,209   

Nisshin Oillio Group Ltd. (The)

     38,000         155,185   

Riken Vitamin Co., Ltd.

     3,700         132,172   

S Foods, Inc.(a)

     3,800         82,292   

Sakata Seed Corp.

     4,400         111,923   

Showa Sangyo Co., Ltd.

     30,000         124,383   

Starzen Co., Ltd.

     1,600         44,771   
     

 

 

 
Total Food Products         3,615,034   
Gas Utilities – 0.2%      

K&O Energy Group, Inc.

     4,300         53,178   

Saibu Gas Co., Ltd.(a)

     43,000         99,471   

Shizuoka Gas Co., Ltd.

     9,200         61,800   
     

 

 

 
Total Gas Utilities         214,449   
Health Care Equipment & Supplies – 1.6%      

Asahi Intecc Co., Ltd.

     2,400         112,532   

Eiken Chemical Co., Ltd.

     3,700         77,559   

Hogy Medical Co., Ltd.

     2,300         123,600   

Mani, Inc.(a)

     2,100         32,305   

Nagaileben Co., Ltd.

     4,400         90,588   

Nakanishi, Inc.

     2,100         66,796   

Nihon Kohden Corp.

     10,200         253,922   

Nikkiso Co., Ltd.

     10,600         77,994   

Nipro Corp.

     47,823         454,849   

Paramount Bed Holdings Co., Ltd.(a)

     4,503         164,863   
     

 

 

 
Total Health Care Equipment & Supplies         1,455,008   
Health Care Providers & Services – 0.8%      

BML, Inc.

     4,300         166,805   

Nichii Gakkan Co.(a)

     9,700         67,230   

Ship Healthcare Holdings, Inc.(a)

     11,159         281,469   

Toho Holdings Co., Ltd.(a)

     7,000         149,971   

Vital KSK Holdings, Inc.

     9,900         78,217   
     

 

 

 
Total Health Care Providers & Services         743,692   
Hotels, Restaurants & Leisure – 3.1%      

Accordia Golf Co., Ltd.(a)

     31,400         295,296   

Atom Corp.(a)

     7,000         41,105   

Create Restaurants Holdings, Inc.

     7,800         73,215   

Doutor Nichires Holdings Co., Ltd.

     7,200       116,461   

Hiramatsu, Inc.(a)

     10,100         66,677   

HIS Co., Ltd.

     3,400         95,138   

Kyoritsu Maintenance Co., Ltd.(a)

     1,300         112,309   

McDonald’s Holdings Co., Japan Ltd.(a)

     12,900         305,987   

MOS Food Services, Inc.(a)

     2,900         75,883   

Ohsho Food Service Corp.

     5,000         153,699   

Plenus Co., Ltd.(a)

     9,900         178,807   

Resorttrust, Inc.(a)

     13,300         299,263   

Round One Corp.(a)

     33,200         187,571   

Saizeriya Co., Ltd.

     3,800         78,336   

Skylark Co., Ltd.

     29,300         387,382   

St. Marc Holdings Co., Ltd.

     2,800         77,352   

Tokyo Dome Corp.

     14,000         63,526   

Tokyotokeiba Co., Ltd.

     35,000         70,377   

Yoshinoya Holdings Co., Ltd.(a)

     8,100         99,237   
     

 

 

 
Total Hotels, Restaurants & Leisure         2,777,621   
Household Durables – 2.7%      

Alpine Electronics, Inc.

     5,700         63,950   

Cleanup Corp.

     10,100         69,283   

First Juken Co., Ltd.

     5,400         64,428   

Foster Electric Co., Ltd.

     3,606         76,166   

France Bed Holdings Co., Ltd.

     10,000         92,264   

Fuji Corp., Ltd.(a)

     13,400         81,548   

Fujitsu General Ltd.

     13,000         200,907   

Mitsui Home Co., Ltd.

     14,000         65,519   

Nihon House Holdings Co., Ltd.(a)

     18,300         66,104   

Nissei Build Kogyo Co., Ltd.(a)

     28,000         95,912   

PanaHome Corp.

     37,000         278,171   

Pressance Corp.(a)

     2,300         88,198   

Sangetsu Co., Ltd.

     15,900         288,731   

Starts Corp., Inc.

     12,800         285,166   

Sumitomo Forestry Co., Ltd.

     24,700         284,150   

Tamron Co., Ltd.

     4,300         70,586   

TOA Corp.(a)

     9,300         88,619   

Token Corp.

     1,480         121,144   

Zojirushi Corp.(a)

     4,400         70,153   
     

 

 

 
Total Household Durables         2,450,999   
Household Products – 0.6%      

Earth Chemical Co., Ltd.

     4,400         178,122   

Lion Corp.

     35,000         395,169   
     

 

 

 
Total Household Products         573,291   
Independent Power & Renewable Electricity Producers – 0.1%   

West Holdings Corp.(a)

     16,200         100,174   
Industrial Conglomerates – 0.4%      

Nisshinbo Holdings, Inc.

     16,900         179,683   

TOKAI Holdings Corp.(a)

     31,400         163,712   
     

 

 

 
Total Industrial Conglomerates         343,395   
Internet & Catalog Retail – 0.3%      

ASKUL Corp.(a)

     4,300         175,221   

Belluna Co., Ltd.

     13,000         66,044   
     

 

 

 
Total Internet & Catalog Retail         241,265   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Internet Software & Services – 0.9%      

Dip Corp.(a)

     4,400       $ 103,741   

F@N Communications, Inc.(a)

     11,000         82,699   

GMO Internet, Inc.

     14,700         196,576   

Gree, Inc.(a)

     30,100         165,504   

Gurunavi, Inc.

     7,200         171,232   

Infomart Corp.(a)

     3,800         34,215   

NIFTY Corp.

     4,400         39,343   
     

 

 

 
Total Internet Software & Services         793,310   
IT Services – 1.9%      

DTS Corp.

     4,900         93,863   

Future Architect, Inc.

     14,200         110,800   

Ines Corp.

     9,000         92,647   

Information Services International-Dentsu Ltd.

     7,200         144,647   

IT Holdings Corp.

     10,200         241,762   

NEC Networks & System Integration Corp.

     10,700         166,600   

NET One Systems Co., Ltd.

     25,800         139,565   

Nihon Unisys Ltd.(a)

     18,900         250,722   

NS Solutions Corp.

     11,400         224,054   

Transcosmos, Inc.(a)

     8,800         228,935   
     

 

 

 
Total IT Services         1,693,595   
Leisure Products – 1.5%      

Daikoku Denki Co., Ltd.(a)

     5,900         69,081   

Dunlop Sports Co., Ltd.(a)

     10,100         90,042   

Fields Corp.

     9,500         158,819   

Heiwa Corp.

     36,200         751,409   

Tomy Co., Ltd.(a)

     13,100         95,807   

Universal Entertainment Corp.

     12,200         202,872   
     

 

 

 
Total Leisure Products         1,368,030   
Machinery – 5.9%      

Aichi Corp.

     12,900         89,868   

Aida Engineering Ltd.

     12,200         106,158   

Alinco, Inc.(a)

     7,300         65,339   

Asahi Diamond Industrial Co., Ltd.

     9,700         87,080   

Bando Chemical Industries Ltd.

     24,000         108,688   

CKD Corp.

     11,500         95,053   

Daifuku Co., Ltd.

     11,400         192,409   

DMG Mori Co., Ltd.(a)

     10,500         96,690   

Ebara Corp.

     71,000         296,899   

Fujitec Co., Ltd.

     13,100         133,570   

Furukawa Co., Ltd.

     86,000         127,016   

Giken Ltd.(a)

     3,200         58,195   

Glory Ltd.

     9,100         309,689   

Harmonic Drive Systems, Inc.(a)

     4,600         117,829   

Hitachi Koki Co., Ltd.

     22,800         150,925   

Hitachi Zosen Corp.

     21,135         100,415   

Hokuetsu Industries Co., Ltd.(a)

     8,700         53,487   

Japan Steel Works Ltd. (The)

     24,018         75,861   

Kitz Corp.

     27,400         118,722   

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

     14,433         57,658   

Kokusai Co., Ltd.(a)

     3,700         41,973   

Makino Milling Machine Co., Ltd.

     12,000         73,562   

Max Co., Ltd.

     15,000         154,277   

Meidensha Corp.

     29,000       132,364   

Mitsuboshi Belting Ltd.

     15,000         120,913   

Mitsui Engineering & Shipbuilding Co., Ltd.

     73,000         109,115   

Miura Co., Ltd.

     15,900         297,219   

Morita Holdings Corp.

     9,300         108,891   

Nachi-Fujikoshi Corp.

     17,000         59,291   

Nippon Thompson Co., Ltd.

     11,000         39,343   

Nitta Corp.

     4,300         108,461   

Nitto Kohki Co., Ltd.

     3,000         59,496   

Noritake Co., Ltd.

     39,000         88,136   

Obara Group, Inc.

     1,500         53,850   

Oiles Corp.

     7,200         107,813   

OKUMA Corp.(a)

     15,000         105,031   

OSG Corp.(a)

     10,900         203,754   

Ryobi Ltd.

     31,000         122,461   

Shima Seiki Manufacturing Ltd.(a)

     5,500         91,801   

Sodick Co., Ltd.

     8,600         64,426   

Star Micronics Co., Ltd.

     8,500         95,440   

Tadano Ltd.

     12,000         111,571   

Takuma Co., Ltd.

     14,000         125,433   

Tocalo Co., Ltd.

     4,300         77,434   

Toshiba Machine Co., Ltd.

     15,000         46,176   

Tsubakimoto Chain Co.

     15,000         93,020   

Tsugami Corp.(a)

     13,000         47,306   

Tsurumi Manufacturing Co., Ltd.

     4,500         64,460   

Union Tool Co.(a)

     1,400         36,845   

YAMABIKO Corp.

     7,300         50,855   
     

 

 

 
Total Machinery         5,332,268   
Marine – 0.6%      

Japan Transcity Corp.

     13,000         43,605   

Kawasaki Kisen Kaisha Ltd.(a)

     230,000         446,105   

NS United Kaiun Kaisha Ltd.

     65,740         88,905   
     

 

 

 
Total Marine         578,615   
Media – 1.6%      

Avex Group Holdings, Inc.

     7,800         101,807   

Daiichikosho Co., Ltd.

     13,000         566,751   

SKY Perfect JSAT Holdings, Inc.

     59,400         346,163   

Toei Co., Ltd.

     14,000         124,810   

Tv Tokyo Holdings Corp.

     6,300         115,075   

Wowow, Inc.

     3,700         78,579   

Zenrin Co., Ltd.

     7,100         142,828   
     

 

 

 
Total Media         1,476,013   
Metals & Mining – 2.6%      

Aichi Steel Corp.

     31,000         121,634   

Asahi Holdings, Inc.

     8,600         115,998   

Daido Steel Co., Ltd.

     46,000         159,616   

Dowa Holdings Co., Ltd.

     43,000         239,877   

Godo Steel Ltd.

     36,000         60,536   

Kyoei Steel Ltd.

     6,800         102,368   

Mitsubishi Steel Manufacturing Co., Ltd.

     35,987         58,273   

Mitsui Mining & Smelting Co., Ltd.

     92,000         147,337   

Neturen Co., Ltd.

     6,800         46,223   

Nippon Light Metal Holdings Co., Ltd.(a)

     116,500         191,757   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      149   


Table of Contents

Schedule of Investments (continued)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Nisshin Steel Co., Ltd.

     25,632       $ 299,433   

Osaka Steel Co., Ltd.

     4,600         75,388   

OSAKA Titanium Technologies Co., Ltd.(a)

     1,900         25,847   

Sanyo Special Steel Co., Ltd.

     27,000         123,475   

Toho Zinc Co., Ltd.(a)

     24,000         60,857   

Tokyo Steel Manufacturing Co., Ltd.

     10,100         60,207   

Topy Industries Ltd.

     39,000         77,032   

Toyo Kohan Co., Ltd.

     14,000         42,102   

UACJ Corp.(a)

     73,532         149,164   

Yamato Kogyo Co., Ltd.

     7,600         165,192   
     

 

 

 
Total Metals & Mining         2,322,316   
Multiline Retail – 0.5%      

H2O Retailing Corp.(a)

     13,000         224,734   

Parco Co., Ltd.

     11,200         94,965   

Seria Co., Ltd.

     1,646         99,438   
     

 

 

 
Total Multiline Retail         419,137   
Oil, Gas & Consumable Fuels – 0.7%      

BP Castrol K.K.(a)

     10,200         115,799   

Itochu Enex Co., Ltd.

     20,700         166,307   

Nippon Coke & Engineering Co., Ltd.

     105,900         76,319   

Nippon Gas Co., Ltd.

     3,700         83,649   

San-Ai Oil Co., Ltd.

     15,000         109,035   

Sinanen Holdings Co., Ltd.

     14,000         54,807   
     

 

 

 
Total Oil, Gas & Consumable Fuels         605,916   
Paper & Forest Products – 1.1%      

Daiken Corp.

     29,000         81,018   

Daio Paper Corp.(a)

     8,000         67,547   

Hokuetsu Kishu Paper Co., Ltd.(a)

     36,400         217,309   

Nippon Paper Industries Co., Ltd.(a)

     27,400         488,297   

Tokushu Tokai Paper Co., Ltd.(a)

     34,000         110,112   
     

 

 

 
Total Paper & Forest Products         964,283   
Personal Products – 1.5%      

Artnature, Inc.

     9,300         83,902   

Ci:z Holdings Co., Ltd.

     8,700         178,420   

Fancl Corp.

     12,900         176,178   

Kobayashi Pharmaceutical Co., Ltd.

     4,100         360,407   

Mandom Corp.

     3,800         169,385   

Milbon Co., Ltd.

     3,500         141,688   

Noevir Holdings Co., Ltd.

     9,200         264,798   
     

 

 

 
Total Personal Products         1,374,778   
Pharmaceuticals – 2.4%      

Fuji Pharma Co., Ltd.(a)

     4,200         70,850   

KYORIN Holdings, Inc.

     13,700         261,336   

Mochida Pharmaceutical Co., Ltd.

     4,100         304,960   

Nichi-iko Pharmaceutical Co., Ltd.

     5,800         133,963   

Nippon Shinyaku Co., Ltd.

     4,200         164,420   

Rohto Pharmaceutical Co., Ltd.

     13,000         237,110   

Sawai Pharmaceutical Co., Ltd.

     5,400         338,716   

Torii Pharmaceutical Co., Ltd.

     2,900         66,775   

Towa Pharmaceutical Co., Ltd.(a)

     1,800         73,909   

Tsumura & Co.(a)

     16,000         384,644   

ZERIA Pharmaceutical Co., Ltd.(a)

     8,500         110,490   
     

 

 

 
Total Pharmaceuticals         2,147,173   
Professional Services – 1.4%      

Altech Corp.

     3,700       77,855   

FULLCAST Holdings Co., Ltd.

     10,200         71,784   

Funai Soken Holdings, Inc.

     9,360         150,733   

Meitec Corp.(a)

     6,700         234,570   

Nomura Co., Ltd.

     10,100         146,744   

Space Co., Ltd.

     10,200         123,422   

Temp Holdings Co., Ltd.

     12,800         185,859   

Weathernews, Inc.

     3,700         124,436   

Yumeshin Holdings Co., Ltd.(a)

     25,300         139,786   
     

 

 

 
Total Professional Services         1,255,189   
Real Estate Management & Development – 1.5%      

Airport Facilities Co., Ltd.

     8,100         36,682   

Daibiru Corp.

     13,000         109,880   

Daikyo, Inc.

     129,000         205,445   

Goldcrest Co., Ltd.

     5,100         76,322   

Heiwa Real Estate Co., Ltd.

     6,000         74,736   

Kenedix, Inc.

     16,400         71,790   

Open House Co., Ltd.

     6,800         135,401   

Relo Holdings, Inc.(a)

     1,548         207,832   

Sumitomo Real Estate Sales Co., Ltd.

     7,200         138,818   

Takara Leben Co., Ltd.

     13,100         77,625   

TOC Co., Ltd.

     12,900         109,265   

Unizo Holdings Co., Ltd.(a)

     2,600         112,078   
     

 

 

 
Total Real Estate Management & Development         1,355,874   
Road & Rail – 2.4%      

Fukuyama Transporting Co., Ltd.(a)

     34,000         166,075   

Hitachi Transport System Ltd.

     13,200         221,028   

Ichinen Holdings Co., Ltd.

     7,100         63,170   

Maruzen Showa Unyu Co., Ltd.

     15,000         52,716   

Nankai Electric Railway Co., Ltd.

     53,838         292,673   

Nikkon Holdings Co., Ltd.

     13,100         237,768   

Nishi-Nippon Railroad Co., Ltd.

     43,000         280,813   

Sankyu, Inc.

     42,000         192,073   

Seino Holdings Co., Ltd.

     25,800         278,441   

Senko Co., Ltd.

     27,000         164,794   

Sotetsu Holdings, Inc.

     42,000         257,841   
     

 

 

 
Total Road & Rail         2,207,392   
Semiconductors & Semiconductor Equipment – 1.1%      

Advantest Corp.(a)

     18,700         173,199   

Lasertec Corp.

     4,400         62,088   

MegaChips Corp.(a)

     7,292         82,071   

Mimasu Semiconductor Industry Co., Ltd.

     6,000         55,252   

Mitsui High-Tec, Inc.

     7,300         44,945   

Nuflare Technology, Inc.(a)

     2,100         93,140   

SCREEN Holdings Co., Ltd.

     15,700         124,320   

Shindengen Electric Manufacturing Co., Ltd.

     15,000         50,847   

Shinko Electric Industries Co., Ltd.

     31,500         177,406   

Tokyo Seimitsu Co., Ltd.

     7,800         153,162   
     

 

 

 
Total Semiconductors & Semiconductor Equipment         1,016,430   
Software – 1.9%      

Capcom Co., Ltd.

     11,300         275,977   

Fuji Soft, Inc.

     3,300         72,081   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Imagica Robot Holdings, Inc.(a)

     10,100       $ 36,394   

Konami Holdings Corp.(a)

     13,300         394,048   

Marvelous, Inc.(a)

     6,300         56,613   

MTI Ltd.(a)

     7,200         50,095   

NSD Co., Ltd.

     23,300         344,955   

Square Enix Holdings Co., Ltd.

     11,850         320,512   

Systena Corp.

     10,200         173,698   
     

 

 

 
Total Software         1,724,373   
Specialty Retail – 5.7%      

Adastria Co., Ltd.

     8,422         255,893   

Alpen Co., Ltd.(a)

     8,000         132,105   

AOKI Holdings, Inc.

     15,800         191,183   

Aoyama Trading Co., Ltd.

     9,400         361,715   

Arcland Sakamoto Co., Ltd.

     6,796         72,075   

Autobacs Seven Co., Ltd.

     24,600         415,855   

Bic Camera, Inc.

     11,100         100,932   

Chiyoda Co., Ltd.

     8,300         239,263   

DCM Holdings Co., Ltd.

     24,600         177,942   

EDION Corp.(a)

     24,700         187,676   

Geo Holdings Corp.(a)

     12,900         214,742   

Gulliver International Co., Ltd.(a)

     14,900         185,728   

Joyful Honda Co., Ltd.(a)

     5,500         123,413   

K’s Holdings Corp.(a)

     9,617         319,155   

Keiyo Co., Ltd.(a)

     16,000         72,459   

Kohnan Shoji Co., Ltd.(a)

     10,100         150,518   

Komeri Co., Ltd.

     6,700         137,106   

Kyoto Kimono Yuzen Co., Ltd.(a)

     8,300         63,582   

Nishimatsuya Chain Co., Ltd.

     13,000         130,468   

Nojima Corp.(a)

     6,000         65,554   

Pal Co., Ltd.

     3,900         97,817   

Sac’s Bar Holdings, Inc.(a)

     3,200         44,386   

Sanrio Co., Ltd.(a)

     17,157         335,981   

Shimachu Co., Ltd.

     8,600         205,598   

T-Gaia Corp.(a)

     16,700         193,604   

United Arrows Ltd.

     7,400         306,482   

VT Holdings Co., Ltd.(a)

     24,254         145,876   

Xebio Holdings Co., Ltd.

     6,700         107,062   

Yellow Hat Ltd.

     5,400         108,725   
     

 

 

 
Total Specialty Retail         5,142,895   
Technology Hardware, Storage & Peripherals – 1.0%      

Eizo Corp.

     5,000         125,984   

Elecom Co., Ltd.

     8,500         150,043   

Hitachi Maxell Ltd.

     17,100         260,619   

Riso Kagaku Corp.

     9,700         149,822   

Wacom Co., Ltd.(a)

     53,800         228,325   
     

 

 

 
Total Technology Hardware, Storage & Peripherals         914,793   
Textiles, Apparel & Luxury Goods – 1.6%      

Descente Ltd.

     5,300         78,183   

Fujibo Holdings, Inc.

     28,000         55,803   

Gunze Ltd.

     49,000         138,636   

Japan Wool Textile Co., Ltd. (The)

     15,500         104,809   

Kurabo Industries Ltd.

     56,000         97,157   

Onward Holdings Co., Ltd.

     42,639         291,734   

Sanyo Shokai Ltd.

     33,000       75,163   

Seiko Holdings Corp.

     26,000         103,172   

Seiren Co., Ltd.

     10,300         115,926   

Wacoal Holdings Corp.

     25,000         298,723   

Yondoshi Holdings, Inc.

     3,700         91,517   
     

 

 

 
Total Textiles, Apparel & Luxury Goods         1,450,823   
Trading Companies & Distributors – 2.7%      

Daiichi Jitsugyo Co., Ltd.

     14,000         61,408   

Hanwa Co., Ltd.

     49,000         207,082   

Inaba Denki Sangyo Co., Ltd.

     6,400         201,860   

Inabata & Co., Ltd.

     15,900         157,875   

Iwatani Corp.(a)

     15,000         87,282   

Japan Pulp & Paper Co., Ltd.(a)

     43,000         123,191   

Kanematsu Corp.

     73,000         106,517   

Kuroda Electric Co., Ltd.

     5,100         76,458   

MonotaRO Co., Ltd.(a)

     4,300         127,973   

Nagase & Co., Ltd.

     16,800         184,898   

Nippon Steel & Sumikin Bussan Corp.

     72,960         243,427   

Nishio Rent All Co., Ltd.

     4,300         101,996   

Onoken Co., Ltd.(a)

     8,500         74,567   

Sanyo Trading Co., Ltd.

     2,200         29,008   

Seika Corp.

     13,000         26,256   

Shinsho Corp.

     36,000         65,341   

Trusco Nakayama Corp.

     4,000         159,082   

Wakita & Co., Ltd.

     10,045         84,010   

Yamazen Corp.

     16,400         124,756   

Yuasa Trading Co., Ltd.

     7,200         169,438   
     

 

 

 
Total Trading Companies & Distributors         2,412,425   
Transportation Infrastructure – 0.6%      

Kamigumi Co., Ltd.

     22,000         207,287   

Mitsubishi Logistics Corp.(a)

     11,000         144,650   

Nissin Corp.

     24,000         65,768   

Sumitomo Warehouse Co., Ltd. (The)

     30,000         152,943   
     

 

 

 
Total Transportation Infrastructure               570,648   
TOTAL COMMON STOCKS
(Cost: $90,624,692)
              89,684,979   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 20.0%   
United States – 20.0%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(b)

     
(Cost: $18,107,628)(c)      18,107,628         18,107,628   
TOTAL INVESTMENTS IN SECURITIES – 119.0%
(Cost: $108,732,320)
         107,792,607   

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

        (17,208,799
     

 

 

 
NET ASSETS – 100.0%       $ 90,583,808   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b)

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(c) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $17,587,909 and the total market value of the collateral held by the Fund was $18,505,307. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $397,679.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      151   


Table of Contents

Schedule of Investments (concluded)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

March 31, 2016

 

  

 

 

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS  

Settlement

Date

  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/4/2016

  JPY     4,000,000        USD        35,556      $ (33

4/5/2016

  JPY     2,258,349,343        USD        20,030,914        (62,855

4/5/2016

  JPY     2,258,395,414        USD        20,030,914        (63,265

4/5/2016

  JPY     2,258,425,460        USD        20,030,914        (63,533

4/5/2016

  JPY     2,258,417,448        USD        20,030,914        (63,461

4/5/2016

  JPY     1,720,717,800        USD        15,261,653        (48,514

4/5/2016

  USD     8,942,373        JPY        1,014,607,006        85,140   

4/5/2016

  USD     18,153,016        JPY        2,040,175,716        (457

4/5/2016

  USD     13,830,872        JPY        1,554,486,281        243   

4/5/2016

  USD     18,153,016        JPY        2,040,368,138        1,255   

4/5/2016

  USD     18,153,016        JPY        2,040,126,703        (893

4/5/2016

  USD     18,153,016        JPY        2,040,259,220        286   

5/9/2016

  JPY     2,160,879,784        USD        19,243,622        (1,805

5/9/2016

  JPY     2,160,904,801        USD        19,243,622        (2,027

5/9/2016

  JPY     2,160,931,742        USD        19,243,622        (2,267

5/9/2016

  JPY     2,160,997,171        USD        19,243,622        (2,850

5/9/2016

  JPY     1,646,425,848        USD        14,661,809        (1,741
                                $ (226,777

 

CURRENCY LEGEND

JPY

  – Japanese yen

USD

  – U.S. dollar

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments

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

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.4%      
Japan – 99.4%      
Commercial Services & Supplies – 0.1%      

Nissha Printing Co., Ltd.(a)

     130       $ 1,906   
Communications Equipment – 0.1%      

Hitachi Kokusai Electric, Inc.

     200         2,408   
Electronic Equipment, Instruments & Components – 25.5%      

Ai Holdings Corp.

     140         4,067   

Alps Electric Co., Ltd.(a)

     840         14,663   

Amano Corp.

     260         4,111   

Anritsu Corp.(a)

     520         2,864   

Azbil Corp.

     250         6,408   

Citizen Holdings Co., Ltd.

     1,290         7,323   

Hamamatsu Photonics K.K.

     620         17,128   

Hirose Electric Co., Ltd.

     121         13,360   

Hitachi High-Technologies Corp.

     300         8,461   

Hitachi Ltd.

     20,600         96,516   

Horiba Ltd.

     170         6,353   

Ibiden Co., Ltd.(a)

     630         7,713   

Japan Aviation Electronics Industry Ltd.

     400         4,691   

Japan Display, Inc.

     1,850         3,621   

Keyence Corp.

     187         102,139   

Kyocera Corp.

     1,420         62,627   

Murata Manufacturing Co., Ltd.

     875         105,643   

Nichicon Corp.

     330         2,302   

Nippon Electric Glass Co., Ltd.

     1,500         7,687   

Nippon Signal Co., Ltd.(a)

     230         1,905   

Oki Electric Industry Co., Ltd.(a)

     4,400         6,224   

Omron Corp.

     990         29,507   

Ryosan Co., Ltd.

     80         2,001   

Shimadzu Corp.

     1,030         16,175   

Siix Corp.

     80         2,452   

Taiyo Yuden Co., Ltd.(a)

     500         4,885   

TDK Corp.

     540         30,028   

Topcon Corp.(a)

     500         6,602   

Yaskawa Electric Corp.

     1,180         13,638   

Yokogawa Electric Corp.

     960         9,933   
     

 

 

 
Total Electronic Equipment, Instruments & Components         601,027   
Household Durables – 11.7%      

Alpine Electronics, Inc.

     240         2,693   

Casio Computer Co., Ltd.(a)

     1,100         22,226   

Foster Electric Co., Ltd.

     110         2,323   

Fujitsu General Ltd.

     200         3,091   

Nikon Corp.(a)

     1,520         23,288   

Panasonic Corp.

     9,420         86,619   

Pioneer Corp.*(a)

     1,030         2,731   

Sharp Corp.*(a)

     7,400         8,493   

Sony Corp.

     4,850         124,837   
     

 

 

 
Total Household Durables         276,301   
Internet & Catalog Retail – 2.1%      

ASKUL Corp.

     80         3,260   

Rakuten, Inc.

     3,930         37,956   

Start Today Co., Ltd.

     230         9,290   
     

 

 

 
Total Internet & Catalog Retail         50,506   
Internet Software & Services – 2.5%      

COOKPAD, Inc.(a)

     180       $ 2,888   

DeNa Co., Ltd.(a)

     390         6,728   

GMO Internet, Inc.

     360         4,814   

Internet Initiative Japan, Inc.(a)

     140         2,881   

Kakaku.com, Inc.(a)

     640         11,901   

Mixi, Inc.(a)

     190         7,066   

Yahoo Japan Corp.(a)

     5,220         22,246   
     

 

 

 
Total Internet Software & Services         58,524   
IT Services – 7.0%      

Digital Garage, Inc.(a)

     290         5,292   

DTS Corp.

     110         2,107   

Fujitsu Ltd.

     7,900         29,282   

GMO Payment Gateway, Inc.

     70         4,746   

IT Holdings Corp.

     400         9,481   

Itochu Techno-Solutions Corp.(a)

     280         5,291   

NEC Networks & System Integration Corp.

     230         3,581   

Nihon Unisys Ltd.(a)

     340         4,510   

Nomura Research Institute Ltd.

     660         22,256   

NS Solutions Corp.

     200         3,931   

NTT Data Corp.

     560         28,151   

Obic Co., Ltd.

     320         16,940   

Otsuka Corp.

     250         13,212   

SCSK Corp.

     270         10,570   

Transcosmos, Inc.(a)

     180         4,683   
     

 

 

 
Total IT Services         164,033   
Leisure Products – 2.6%      

Bandai Namco Holdings, Inc.

     810         17,685   

Heiwa Corp.

     170         3,529   

Sankyo Co., Ltd.(a)

     190         7,083   

Sega Sammy Holdings, Inc.(a)

     880         9,607   

Yamaha Corp.

     750         22,621   
     

 

 

 
Total Leisure Products         60,525   
Media – 4.9%      

Avex Group Holdings, Inc.(a)

     220         2,872   

CyberAgent, Inc.(a)

     200         9,306   

Daiichikosho Co., Ltd.(a)

     170         7,411   

Dentsu, Inc.

     990         49,766   

Hakuhodo DY Holdings, Inc.

     1,260         14,293   

Kadokawa Dwango*

     240         3,705   

Shochiku Co., Ltd.

     200         1,888   

SKY Perfect JSAT Holdings, Inc.

     820         4,779   

Toei Co., Ltd.

     400         3,566   

Toho Co., Ltd.

     550         14,490   

Tokyo Broadcasting System Holdings, Inc.

     190         2,948   
     

 

 

 
Total Media               115,024   
Semiconductors & Semiconductor Equipment – 4.1%      

Advantest Corp.(a)

     850         7,873   

Disco Corp.

     140         11,883   

Renesas Electronics Corp.*(a)

     1,390         8,954   

SCREEN Holdings Co., Ltd.

     900         7,127   

Sumco Corp.

     880         5,543   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      153   


Table of Contents

Schedule of Investments (concluded)

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

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Tokyo Electron Ltd.

     670       $ 43,731   

Tokyo Seimitsu Co., Ltd.

     200         3,927   

Ulvac, Inc.

     200         6,557   
     

 

 

 
Total Semiconductors & Semiconductor Equipment         95,595   
Software – 3.4%      

Capcom Co., Ltd.

     260         6,350   

COLOPL, Inc.

     250         5,345   

GungHo Online Entertainment, Inc.(a)

     2,000         5,641   

Konami Holdings Corp.(a)

     450         13,332   

Nexon Co., Ltd.

     740         12,635   

NSD Co., Ltd.

     230         3,405   

Oracle Corp.

     150         8,434   

Square Enix Holdings Co., Ltd.

     300         8,114   

Trend Micro, Inc.

     490         17,962   
     

 

 

 
Total Software               81,218   
Technology Hardware, Storage & Peripherals – 13.7%      

Brother Industries Ltd.

     1,190         13,701   

Canon, Inc.

     4,480         133,728   

FUJIFILM Holdings Corp.

     1,980         78,411   

Hitachi Maxell Ltd.

     140         2,134   

Konica Minolta, Inc.

     2,100         17,862   

NEC Corp.

     10,000         25,179   

Ricoh Co., Ltd.(a)

     2,710         27,632   

Riso Kagaku Corp.

     160         2,471   

Seiko Epson Corp.

     1,280         20,704   

Wacom Co., Ltd.(a)

     550         2,334   
     

 

 

 
Total Technology Hardware, Storage & Peripherals               324,156   
Trading Companies & Distributors – 0.1%      

Inaba Denki Sangyo Co., Ltd.

     100         3,154   
Wireless Telecommunication Services – 21.6%      

KDDI Corp.

     7,100         189,889   

NTT DOCOMO, Inc.

     5,540         125,814   

SoftBank Group Corp.

     4,060         193,834   
     

 

 

 
Total Wireless Telecommunication Services               509,537   
TOTAL COMMON STOCKS
(Cost: $2,372,567)
              2,343,914   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 10.1%   
United States – 10.1%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(b)

     
(Cost: $239,672)(c)      239,672         239,672   
TOTAL INVESTMENTS IN SECURITIES – 109.5%
(Cost: $2,612,239)
        2,583,586   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (9.5)%

        (224,631
     

 

 

 
NET ASSETS – 100.0%             $ 2,358,955   

 

* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(c) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $230,624 and the total market value of the collateral held by the Fund was $242,790. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $3,118.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS  

Settlement

Date

  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/4/2016

  JPY     79,867        USD        710      $ (1

4/5/2016

  JPY     53,277,998        USD        472,551        (1,492

4/5/2016

  JPY     40,594,056        USD        360,043        (1,144

4/5/2016

  JPY     53,276,911        USD        472,551        (1,483

4/5/2016

  JPY     53,278,518        USD        472,551        (1,497

4/5/2016

  JPY     53,278,707        USD        472,551        (1,499

4/5/2016

  USD     360,043        JPY        40,466,168        7   

4/5/2016

  USD     472,551        JPY        53,108,920        (12

4/5/2016

  USD     472,551        JPY        53,111,093        7   

4/5/2016

  USD     472,551        JPY        53,107,644        (23

4/5/2016

  USD     472,551        JPY        53,113,929        33   

5/9/2016

  JPY     55,897,299        USD        497,791        (47

5/9/2016

  JPY     42,587,086        USD        379,273        (20

5/9/2016

  JPY     55,897,946        USD        497,791        (52

5/9/2016

  JPY     55,898,643        USD        497,791        (59

5/9/2016

  JPY     55,900,336        USD        497,791        (74
                                $ (7,356

 

CURRENCY LEGEND

JPY

  – Japanese yen

USD

  – U.S. dollar

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments

WisdomTree Japan Quality Dividend Growth Fund (JDG)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.0%      
Japan – 99.0%      
Air Freight & Logistics – 0.2%      

Yamato Holdings Co., Ltd.

     263       $ 5,258   
Auto Components – 5.9%      

Aisin Seiki Co., Ltd.

     300         11,317   

Bridgestone Corp.

     1,210         45,269   

Denso Corp.

     934         37,594   

Exedy Corp.

     72         1,594   

Koito Manufacturing Co., Ltd.

     81         3,675   

NGK Spark Plug Co., Ltd.

     135         2,587   

NHK Spring Co., Ltd.

     200         1,917   

Nifco, Inc.

     51         2,455   

Stanley Electric Co., Ltd.

     132         2,989   

Sumitomo Electric Industries Ltd.

     644         7,844   

Sumitomo Rubber Industries Ltd.

     429         6,638   

Toyo Tire & Rubber Co., Ltd.

     185         2,765   

Toyoda Gosei Co., Ltd.

     116         2,242   

Toyota Boshoku Corp.

     125         2,040   

TS Tech Co., Ltd.

     53         1,242   

Yokohama Rubber Co., Ltd. (The)

     200         3,294   
     

 

 

 
Total Auto Components         135,462   
Automobiles – 11.3%      

Fuji Heavy Industries Ltd.

     690         24,403   

Honda Motor Co., Ltd.

     2,235         61,366   

Isuzu Motors Ltd.

     975         10,080   

Mazda Motor Corp.

     137         2,129   

Nissan Motor Co., Ltd.

     6,985         64,726   

Suzuki Motor Corp.

     221         5,920   

Toyota Motor Corp.

     1,731         91,667   
     

 

 

 
Total Automobiles         260,291   
Banks – 0.1%      

Suruga Bank Ltd.

     152         2,675   
Beverages – 1.3%      

Asahi Group Holdings Ltd.

     378         11,795   

Coca-Cola East Japan Co., Ltd.

     127         2,111   

Ito En Ltd.

     100         3,163   

Suntory Beverage & Food Ltd.

     261         11,773   
     

 

 

 
Total Beverages         28,842   
Building Products – 0.9%      

Aica Kogyo Co., Ltd.

     100         2,103   

Daikin Industries Ltd.

     205         15,343   

Sanwa Holdings Corp.

     288         2,145   
     

 

 

 
Total Building Products         19,591   
Chemicals – 4.4%      

Air Water, Inc.

     190         2,816   

Asahi Kasei Corp.

     1,659         11,231   

Daicel Corp.

     268         3,667   

DIC Corp.

     1,377         3,296   

Hitachi Chemical Co., Ltd.

     224         4,036   

JSR Corp.

     248         3,570   

Kansai Paint Co., Ltd.

     156       $ 2,509   

Kuraray Co., Ltd.

     416         5,093   

Mitsubishi Chemical Holdings Corp.

     1,671         8,734   

Mitsubishi Gas Chemical Co., Inc.

     853         4,599   

Nihon Parkerizing Co., Ltd.

     69         625   

Nippon Paint Holdings Co., Ltd.

     70         1,555   

Nissan Chemical Industries Ltd.

     100         2,580   

Nitto Denko Corp.(a)

     141         7,849   

NOF Corp.

     249         1,768   

Shin-Etsu Chemical Co., Ltd.

     340         17,618   

Sumitomo Chemical Co., Ltd.

     1,681         7,613   

Taiyo Holdings Co., Ltd.

     42         1,424   

Toray Industries, Inc.

     921         7,860   

Tosoh Corp.

     532         2,239   

Zeon Corp.

     219         1,419   
     

 

 

 
Total Chemicals         102,101   
Commercial Services & Supplies – 1.2%      

Aeon Delight Co., Ltd.

     100         3,216   

Park24 Co., Ltd.

     255         7,147   

Secom Co., Ltd.

     237         17,641   
     

 

 

 
Total Commercial Services & Supplies         28,004   
Construction & Engineering – 0.8%      

COMSYS Holdings Corp.(a)

     158         2,443   

Hazama Ando Corp.

     100         487   

JGC Corp.

     148         2,219   

Kajima Corp.

     759         4,768   

Kyowa Exeo Corp.

     188         2,091   

Maeda Road Construction Co., Ltd.

     120         1,982   

Nippo Corp.

     105         1,768   

SHO-BOND Holdings Co., Ltd.

     40         1,523   
     

 

 

 
Total Construction & Engineering         17,281   
Construction Materials – 0.2%      

Sumitomo Osaka Cement Co., Ltd.

     520         2,045   

Taiheiyo Cement Corp.

     1,143         2,634   
     

 

 

 
Total Construction Materials         4,679   
Containers & Packaging – 0.1%      

Rengo Co., Ltd.

     352         1,779   
Electrical Equipment – 1.6%      

Fuji Electric Co., Ltd.

     454         1,571   

GS Yuasa Corp.

     543         2,324   

Mitsubishi Electric Corp.

     2,192         23,004   

Nidec Corp.

     151         10,346   
     

 

 

 
Total Electrical Equipment         37,245   
Electronic Equipment, Instruments & Components – 3.2%   

Alps Electric Co., Ltd.

     68         1,187   

Azbil Corp.

     116         2,973   

Hamamatsu Photonics K.K.

     100         2,763   

Hirose Electric Co., Ltd.

     37         4,085   

Hitachi High-Technologies Corp.

     129         3,638   

Hitachi Ltd.

     4,396         20,596   

Horiba Ltd.

     46         1,719   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      155   


Table of Contents

Schedule of Investments (continued)

WisdomTree Japan Quality Dividend Growth Fund (JDG)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Keyence Corp.

     15       $ 8,193   

Murata Manufacturing Co., Ltd.

     127         15,333   

Oki Electric Industry Co., Ltd.

     1,000         1,415   

Shimadzu Corp.

     188         2,952   

TDK Corp.

     87         4,838   

Yaskawa Electric Corp.

     200         2,312   

Yokogawa Electric Corp.

     154         1,594   
     

 

 

 
Total Electronic Equipment, Instruments & Components         73,598   
Food & Staples Retailing – 3.0%      

FamilyMart Co., Ltd.

     156         8,119   

Lawson, Inc.

     168         14,080   

Matsumotokiyoshi Holdings Co., Ltd.

     66         3,459   

Seven & I Holdings Co., Ltd.

     779         33,213   

Sugi Holdings Co., Ltd.

     42         2,220   

Sundrug Co., Ltd.

     60         4,495   

Tsuruha Holdings, Inc.

     33         3,250   
     

 

 

 
Total Food & Staples Retailing         68,836   
Food Products – 1.4%      

Ajinomoto Co., Inc.

     386         8,721   

Calbee, Inc.

     73         2,903   

Ezaki Glico Co., Ltd.

     37         1,900   

Kikkoman Corp.

     108         3,555   

MEIJI Holdings Co., Ltd.

     100         8,052   

NH Foods Ltd.

     239         5,274   

Yakult Honsha Co., Ltd.

     32         1,419   
     

 

 

 
Total Food Products         31,824   
Health Care Equipment & Supplies – 1.6%      

Hoya Corp.

     437         16,645   

Nakanishi, Inc.

     41         1,304   

Nihon Kohden Corp.

     100         2,490   

Nipro Corp.

     274         2,606   

Sysmex Corp.

     87         5,449   

Terumo Corp.

     211         7,575   
     

 

 

 
Total Health Care Equipment & Supplies         36,069   
Health Care Providers & Services – 0.3%      

Miraca Holdings, Inc.

     100         4,115   

Ship Healthcare Holdings, Inc.

     100         2,522   
     

 

 

 
Total Health Care Providers & Services         6,637   
Health Care Technology – 0.1%      

M3, Inc.

     100         2,520   
Hotels, Restaurants & Leisure – 0.4%      

Atom Corp.

     100         587   

Oriental Land Co., Ltd.

     100         7,091   

Resorttrust, Inc.

     100         2,250   
     

 

 

 
Total Hotels, Restaurants & Leisure         9,928   
Household Durables – 1.5%      

Casio Computer Co., Ltd.(a)

     263         5,314   

Haseko Corp.

     162         1,510   

Rinnai Corp.

     31         2,741   

Sekisui Chemical Co., Ltd.

     545         6,721   

Sekisui House Ltd.

     1,056       $ 17,847   
     

 

 

 
Total Household Durables         34,133   
Household Products – 0.4%      

Lion Corp.

     275         3,105   

Pigeon Corp.

     31         810   

Unicharm Corp.

     200         4,358   
     

 

 

 
Total Household Products         8,273   
Insurance – 2.2%      

Sompo Japan Nipponkoa Holdings, Inc.

     435         12,339   

Sony Financial Holdings, Inc.(a)

     558         7,139   

Tokio Marine Holdings, Inc.

     947         32,017   
     

 

 

 
Total Insurance         51,495   
Internet & Catalog Retail – 0.3%      

Rakuten, Inc.

     200         1,932   

Start Today Co., Ltd.

     100         4,039   
     

 

 

 
Total Internet & Catalog Retail         5,971   
Internet Software & Services – 1.5%      

DeNa Co., Ltd.

     78         1,346   

GMO Internet, Inc.

     161         2,153   

Kakaku.com, Inc.

     148         2,752   

Mixi, Inc.

     79         2,938   

Yahoo Japan Corp.(a)

     6,208         26,457   
     

 

 

 
Total Internet Software & Services         35,646   
IT Services – 1.4%      

Itochu Techno-Solutions Corp.

     148         2,797   

NEC Networks & System Integration Corp.

     100         1,557   

Nihon Unisys Ltd.

     100         1,327   

Nomura Research Institute Ltd.

     200         6,744   

NS Solutions Corp.

     100         1,965   

Obic Co., Ltd.

     82         4,341   

Otsuka Corp.

     100         5,285   

SCSK Corp.

     126         4,933   

Transcosmos, Inc.

     81         2,107   
     

 

 

 
Total IT Services         31,056   
Leisure Products – 0.9%      

Bandai Namco Holdings, Inc.

     349         7,620   

Heiwa Corp.

     210         4,359   

Shimano, Inc.

     39         6,121   

Universal Entertainment Corp.(a)

     100         1,663   
     

 

 

 
Total Leisure Products         19,763   
Machinery – 7.0%      

Ebara Corp.

     586         2,450   

FANUC Corp.

     361         56,160   

Hino Motors Ltd.

     918         9,940   

Hitachi Construction Machinery Co., Ltd.(a)

     368         5,854   

Hoshizaki Electric Co., Ltd.

     40         3,342   

JTEKT Corp.

     331         4,300   

Komatsu Ltd.

     1,390         23,695   

Kubota Corp.

     1,118         15,284   

Kurita Water Industries Ltd.

     139         3,175   

Makita Corp.

     154         9,564   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree Japan Quality Dividend Growth Fund (JDG)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Minebea Co., Ltd.

     160       $ 1,250   

Miura Co., Ltd.(a)

     157         2,935   

Nabtesco Corp.

     127         2,854   

NGK Insulators Ltd.

     196         3,625   

OSG Corp.

     100         1,869   

SMC Corp.

     23         5,349   

Sumitomo Heavy Industries Ltd.

     660         2,731   

Tadano Ltd.

     118         1,097   

THK Co., Ltd.

     158         2,918   

Tsubakimoto Chain Co.

     208         1,290   
     

 

 

 
Total Machinery         159,682   
Marine – 0.3%      

Kawasaki Kisen Kaisha Ltd.(a)

     1,758         3,410   

Nippon Yusen K.K.

     2,243         4,330   
     

 

 

 
Total Marine         7,740   
Media – 0.6%      

CyberAgent, Inc.(a)

     48         2,233   

Daiichikosho Co., Ltd.

     100         4,360   

Hakuhodo DY Holdings, Inc.

     322         3,653   

Toho Co., Ltd.

     130         3,425   
     

 

 

 
Total Media         13,671   
Metals & Mining – 1.8%      

Dowa Holdings Co., Ltd.

     291         1,623   

Hitachi Metals Ltd.

     311         3,213   

Mitsubishi Materials Corp.

     1,715         4,852   

Mitsui Mining & Smelting Co., Ltd.

     1,000         1,601   

Nippon Steel & Sumitomo Metal Corp.

     1,000         19,236   

Sumitomo Metal Mining Co., Ltd.

     939         9,336   

Yamato Kogyo Co., Ltd.

     100         2,174   
     

 

 

 
Total Metals & Mining         42,035   
Multiline Retail – 0.3%      

Isetan Mitsukoshi Holdings Ltd.

     160         1,872   

Izumi Co., Ltd.

     48         2,073   

Ryohin Keikaku Co., Ltd.

     18         3,812   
     

 

 

 
Total Multiline Retail         7,757   
Personal Products – 1.3%      

Kao Corp.

     404         21,577   

Kobayashi Pharmaceutical Co., Ltd.

     41         3,604   

Kose Corp.

     42         4,092   
     

 

 

 
Total Personal Products         29,273   
Pharmaceuticals – 4.7%      

Astellas Pharma, Inc.

     2,362         31,449   

Chugai Pharmaceutical Co., Ltd.

     488         15,131   

Eisai Co., Ltd.

     366         22,046   

Hisamitsu Pharmaceutical Co., Inc.

     119         5,326   

KYORIN Holdings, Inc.

     125         2,384   

Mochida Pharmaceutical Co., Ltd.

     38         2,826   

Rohto Pharmaceutical Co., Ltd.

     100         1,824   

Santen Pharmaceutical Co., Ltd.

     325         4,896   

Sawai Pharmaceutical Co., Ltd.

     43         2,697   

Shionogi & Co., Ltd.

     230         10,840   

Sumitomo Dainippon Pharma Co., Ltd.

     364       $ 4,197   

Tsumura & Co.

     134         3,221   
     

 

 

 
Total Pharmaceuticals         106,837   
Professional Services – 0.1%      

Meitec Corp.

     44         1,540   

Temp Holdings Co., Ltd.

     100         1,452   
     

 

 

 
Total Professional Services         2,992   
Real Estate Management & Development – 2.3%      

Daikyo, Inc.

     1,000         1,593   

Daito Trust Construction Co., Ltd.

     93         13,223   

Daiwa House Industry Co., Ltd.

     863         24,309   

Hulic Co., Ltd.

     454         4,346   

Relo Holdings, Inc.

     20         2,685   

Sumitomo Realty & Development Co., Ltd.

     155         4,543   

Tokyo Tatemono Co., Ltd.

     100         1,247   
     

 

 

 
Total Real Estate Management & Development         51,946   
Road & Rail – 2.5%      

Central Japan Railway Co.

     60         10,626   

East Japan Railway Co.

     277         23,938   

Hitachi Transport System Ltd.

     45         754   

Keisei Electric Railway Co., Ltd.

     137         1,930   

Nippon Express Co., Ltd.

     1,137         5,179   

Sankyu, Inc.

     377         1,724   

West Japan Railway Co.

     217         13,416   
     

 

 

 
Total Road & Rail         57,567   
Semiconductors & Semiconductor Equipment – 0.2%      

Disco Corp.

     38         3,226   

Shinko Electric Industries Co., Ltd.

     290         1,633   
     

 

 

 
Total Semiconductors & Semiconductor Equipment         4,859   
Software – 1.1%      

Capcom Co., Ltd.

     100         2,442   

GungHo Online Entertainment, Inc.(a)

     474         1,337   

Konami Holdings Corp.(a)

     107         3,170   

Nexon Co., Ltd.

     128         2,186   

Oracle Corp.

     82         4,611   

Square Enix Holdings Co., Ltd.

     93         2,515   

Trend Micro, Inc.

     256         9,384   
     

 

 

 
Total Software         25,645   
Specialty Retail – 1.8%      

ABC-Mart, Inc.

     73         4,683   

AOKI Holdings, Inc.

     152         1,839   

Fast Retailing Co., Ltd.

     41         13,140   

Hikari Tsushin, Inc.

     60         4,575   

K’s Holdings Corp.

     51         1,692   

Sanrio Co., Ltd.

     137         2,683   

Shimamura Co., Ltd.

     38         4,750   

T-Gaia Corp.

     57         661   

United Arrows Ltd.

     57         2,361   

USS Co., Ltd.

     320         5,119   
     

 

 

 
Total Specialty Retail         41,503   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      157   


Table of Contents

Schedule of Investments (concluded)

WisdomTree Japan Quality Dividend Growth Fund (JDG)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Technology Hardware, Storage & Peripherals – 5.1%      

Brother Industries Ltd.

     214       $ 2,464   

Canon, Inc.

     3,000         89,550   

FUJIFILM Holdings Corp.

     436         17,266   

Konica Minolta, Inc.

     386         3,283   

NEC Corp.

     1,758         4,427   
     

 

 

 
Total Technology Hardware, Storage & Peripherals         116,990   
Textiles, Apparel & Luxury Goods – 0.1%      

Asics Corp.

     100         1,784   
Tobacco – 5.4%      

Japan Tobacco, Inc.

     3,000         125,183   
Trading Companies & Distributors – 6.7%      

ITOCHU Corp.

     2,831         34,911   

Marubeni Corp.

     3,979         20,179   

MISUMI Group, Inc.

     200         2,867   

Mitsubishi Corp.

     2,577         43,701   

Mitsui & Co., Ltd.

     4,264         49,129   

Nippon Steel & Sumikin Bussan Corp.

     1,000         3,336   
     

 

 

 
Total Trading Companies & Distributors         154,123   
Transportation Infrastructure – 0.1%      

Kamigumi Co., Ltd.

     258         2,431   
Wireless Telecommunication Services – 11.4%      

KDDI Corp.

     3,355         89,729   

NTT DOCOMO, Inc.

     6,732         152,884   

SoftBank Group Corp.

     417         19,909   
     

 

 

 
Total Wireless Telecommunication Services               262,522   
TOTAL COMMON STOCKS
(Cost: $2,446,372)
              2,273,497   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.5%   
United States – 2.5%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(b)

(Cost: $56,861)(c)

     56,861         56,861   
TOTAL INVESTMENTS IN SECURITIES – 101.5%
(Cost: $2,503,233)
        2,330,358   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (1.5)%

        (34,033
     

 

 

 
NET ASSETS – 100.0%             $ 2,296,325   
(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(c)

At March 31, 2016, the total market value of the Fund’s securities on loan was $58,757 and the total market value of the collateral held by the Fund was $61,898. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $5,037.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS  

Settlement

Date

  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/1/2016

  JPY     180,000        USD        1,599      $ (2

 

CURRENCY LEGEND

JPY

  – Japanese yen

USD

  – U.S. dollar

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments

WisdomTree Japan SmallCap Dividend Fund (DFJ)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.9%      
Japan – 98.9%      
Air Freight & Logistics – 0.3%      

AIT Corp.(a)

     27,300       $ 227,348   

Kintetsu World Express, Inc.

     29,900         397,975   

Konoike Transport Co., Ltd.

     21,500         251,928   

Yusen Logistics Co., Ltd.

     34,800         405,296   
     

 

 

 
Total Air Freight & Logistics         1,282,547   
Auto Components – 4.3%      

Aisan Industry Co., Ltd.

     46,300         364,979   

Calsonic Kansei Corp.

     132,000         982,997   

Daido Metal Co., Ltd.

     47,600         368,451   

Daikyonishikawa Corp.

     42,400         609,244   

Eagle Industry Co., Ltd.

     25,300         333,822   

Exedy Corp.

     44,525         985,615   

FCC Co., Ltd.

     46,200         781,818   

G-Tekt Corp.

     44,500         509,160   

H-One Co., Ltd.

     44,800         219,227   

Keihin Corp.

     44,221         661,377   

Kinugawa Rubber Industrial Co., Ltd.

     42,372         289,153   

KYB Corp.

     245,400         727,063   

Nifco, Inc.

     44,386         2,136,467   

Nissin Kogyo Co., Ltd.

     56,300         759,382   

Pacific Industrial Co., Ltd.(a)

     48,100         484,873   

Press Kogyo Co., Ltd.

     93,800         316,297   

Riken Corp.

     127,687         418,069   

Sanden Holdings Corp.(a)

     115,963         332,222   

Shoei Co., Ltd.

     16,200         268,667   

Showa Corp.

     92,800         810,798   

Sumitomo Riko Co., Ltd.

     75,300         657,229   

Taiho Kogyo Co., Ltd.

     45,100         466,669   

Tokai Rika Co., Ltd.

     86,358         1,627,352   

Topre Corp.

     42,000         783,611   

TPR Co., Ltd.

     27,700         728,020   

TS Tech Co., Ltd.

     47,100         1,103,798   

Unipres Corp.

     17,003         296,658   

Yorozu Corp.

     16,400         344,357   
     

 

 

 
Total Auto Components         18,367,375   
Automobiles – 0.1%      

Nissan Shatai Co., Ltd.

     31,300         315,520   
Banks – 5.6%      

77 Bank Ltd. (The)

     256,000         906,517   

Akita Bank Ltd. (The)

     119,000         325,041   

Aomori Bank Ltd. (The)

     187,622         547,533   

Ashikaga Holdings Co., Ltd.

     242,900         695,883   

Awa Bank Ltd. (The)

     108,378         525,522   

Bank of Nagoya Ltd. (The)(a)

     137,691         453,274   

Bank of Okinawa Ltd. (The)

     12,500         410,939   

Bank of Saga Ltd. (The)

     200,448         378,086   

Bank of the Ryukyus Ltd.

     30,708         345,344   

Chukyo Bank Ltd. (The)

     149,000         257,182   

Daishi Bank Ltd. (The)

     277,552         955,671   

Eighteenth Bank Ltd. (The)

     194,046         431,616   

FIDEA Holdings Co., Ltd.

     201,627       317,523   

Fukui Bank Ltd. (The)(a)

     205,671         375,128   

Higashi-Nippon Bank Ltd. (The)

     206,000         507,181   

Hokkoku Bank Ltd. (The)

     166,621         438,808   

Hokuetsu Bank Ltd. (The)

     278,000         450,162   

Hyakugo Bank Ltd. (The)

     111,000         416,762   

Hyakujushi Bank Ltd. (The)

     174,000         489,203   

Juroku Bank Ltd. (The)

     299,000         893,848   

Kansai Urban Banking Corp.

     63,800         629,514   

Keiyo Bank Ltd. (The)

     179,684         650,664   

Kiyo Bank Ltd. (The)

     57,690         654,944   

Kyushu Financial Group, Inc.

     218,900         1,263,990   

Mie Bank Ltd. (The)

     178,389         317,432   

Minato Bank Ltd. (The)

     280,000         376,173   

Miyazaki Bank Ltd. (The)

     188,000         458,312   

Musashino Bank Ltd. (The)

     27,205         686,207   

Nanto Bank Ltd. (The)

     145,000         394,768   

Nishi-Nippon City Bank Ltd. (The)

     706,000         1,250,002   

North Pacific Bank Ltd.

     217,315         551,046   

Ogaki Kyoritsu Bank Ltd. (The)

     311,423         942,069   

Oita Bank Ltd. (The)

     134,000         418,471   

San-In Godo Bank Ltd. (The)

     90,000         557,320   

Senshu Ikeda Holdings, Inc.

     239,240         862,069   

Shiga Bank Ltd. (The)(a)

     128,923         543,703   

Shikoku Bank Ltd. (The)

     202,000         390,000   

Tochigi Bank Ltd. (The)

     37,843         144,106   

Toho Bank Ltd. (The)

     288,000         925,023   

Tokyo TY Financial Group, Inc.

     18,200         423,444   

TOMONY Holdings, Inc.

     72,377         214,436   

Towa Bank Ltd. (The)

     442,000         342,133   

Yamagata Bank Ltd. (The)(a)

     101,000         383,709   

Yamanashi Chuo Bank Ltd. (The)

     99,066         364,022   
     

 

 

 
Total Banks         23,864,780   
Beverages – 1.7%      

Coca-Cola East Japan Co., Ltd.

     73,400         1,219,905   

Coca-Cola West Co., Ltd.

     90,079         2,232,840   

Ito En Ltd.(a)

     54,800         1,733,298   

Sapporo Holdings Ltd.

     273,992         1,365,145   

Takara Holdings, Inc.

     80,311         662,381   
     

 

 

 
Total Beverages         7,213,569   
Building Products – 1.8%      

Aica Kogyo Co., Ltd.

     48,615         1,022,518   

Bunka Shutter Co., Ltd.

     48,100         395,858   

Central Glass Co., Ltd.

     169,933         923,787   

Nichias Corp.

     100,827         603,733   

Nichiha Corp.

     16,400         248,491   

Nitto Boseki Co., Ltd.

     138,996         448,913   

Noritz Corp.(a)

     29,500         481,365   

Okabe Co., Ltd.

     58,800         420,617   

Sanwa Holdings Corp.

     172,766         1,286,580   

Sekisui Jushi Corp.

     33,000         442,760   

Takara Standard Co., Ltd.

     58,063         528,479   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      159   


Table of Contents

Schedule of Investments (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Takasago Thermal Engineering Co., Ltd.(a)

     77,072       $ 969,614   
     

 

 

 
Total Building Products         7,772,715   
Capital Markets – 2.6%      

GCA Savvian Corp.

     28,400         299,174   

Ichigo, Inc.(a)

     105,500         436,474   

Ichiyoshi Securities Co., Ltd.

     59,988         511,842   

IwaiCosmo Holdings, Inc.(a)

     44,400         432,169   

kabu.com Securities Co., Ltd.

     438,400         1,404,191   

Kyokuto Securities Co., Ltd.(a)

     62,600         753,573   

Marusan Securities Co., Ltd.(a)

     194,600         1,835,277   

Matsui Securities Co., Ltd.(a)

     425,500         3,630,540   

Monex Group, Inc.

     257,494         666,673   

Nihon M&A Center, Inc.(a)

     13,016         758,528   

Toyo Securities Co., Ltd.

     111,198         278,007   
     

 

 

 
Total Capital Markets         11,006,448   
Chemicals – 7.7%      

ADEKA Corp.

     97,025         1,418,320   

Chugoku Marine Paints Ltd.

     52,000         343,289   

Dainichiseika Color & Chemicals Manufacturing Co., Ltd.

     50,714         203,046   

Denka Co., Ltd.

     521,000         2,146,208   

DIC Corp.

     777,000         1,859,629   

Fujimi, Inc.

     32,900         439,076   

Fujimori Kogyo Co., Ltd.

     10,800         254,253   

JSP Corp.

     27,223         543,031   

Kaneka Corp.

     293,000         2,513,030   

Kureha Corp.(a)

     179,648         572,214   

Lintec Corp.

     57,565         1,031,504   

Mitsubishi Gas Chemical Co., Inc.

     405,000         2,183,638   

Nihon Nohyaku Co., Ltd.(a)

     42,388         215,344   

Nihon Parkerizing Co., Ltd.

     60,400         547,063   

Nippon Kayaku Co., Ltd.

     140,000         1,417,501   

Nippon Shokubai Co., Ltd.

     20,500         1,045,109   

Nippon Soda Co., Ltd.

     110,091         555,377   

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

     77,860         493,920   

Nippon Valqua Industries Ltd.

     154,688         406,005   

NOF Corp.

     147,000         1,043,694   

Okamoto Industries, Inc.(a)

     69,436         586,896   

Osaka Soda Co., Ltd.(a)

     99,000         362,018   

Sakai Chemical Industry Co., Ltd.

     155,000         426,131   

Sakata INX Corp.

     64,000         698,109   

Sanyo Chemical Industries Ltd.

     56,176         396,348   

Sekisui Plastics Co., Ltd.

     108,000         327,666   

Shikoku Chemicals Corp.

     26,000         225,775   

Showa Denko K.K.(a)

     1,107,692         1,143,221   

Sumitomo Bakelite Co., Ltd.

     155,092         608,529   

Sumitomo Seika Chemicals Co., Ltd.

     105,000         519,418   

Taiyo Holdings Co., Ltd.

     28,091         952,237   

Takasago International Corp.

     14,500         324,329   

Takiron Co., Ltd.

     103,000         511,357   

Toagosei Co., Ltd.

     121,300         1,011,238   

Tokai Carbon Co., Ltd.

     139,000         330,202   

Toyo Ink SC Holdings Co., Ltd.

     327,512       1,314,186   

Toyobo Co., Ltd.

     509,531         766,144   

Ube Industries Ltd.

     1,061,930         1,880,191   

Zeon Corp.

     132,000         854,985   
     

 

 

 
Total Chemicals         32,470,231   
Commercial Services & Supplies – 2.6%      

Aeon Delight Co., Ltd.(a)

     44,500         1,431,269   

Daiseki Co., Ltd.

     18,807         308,221   

Itoki Corp.

     45,800         324,363   

Kokuyo Co., Ltd.

     86,403         1,012,436   

Kyodo Printing Co., Ltd.

     100,049         300,872   

NAC Co., Ltd.(a)

     58,900         456,967   

Nippon Parking Development Co., Ltd.(a)

     286,800         318,964   

Okamura Corp.

     104,276         997,346   

Park24 Co., Ltd.

     133,900         3,752,703   

Relia, Inc.

     55,000         509,409   

Sato Holdings Corp.

     24,938         531,620   

Toppan Forms Co., Ltd.

     92,100         1,026,748   
     

 

 

 
Total Commercial Services & Supplies         10,970,918   
Communications Equipment – 0.4%      

Hitachi Kokusai Electric, Inc.

     107,648         1,295,856   

Japan Radio Co., Ltd.

     100,000         266,026   
     

 

 

 
Total Communications Equipment         1,561,882   
Construction & Engineering – 4.3%      

COMSYS Holdings Corp.(a)

     90,200         1,394,791   

Fudo Tetra Corp.(a)

     241,700         270,957   

Hazama Ando Corp.

     85,300         415,894   

Kandenko Co., Ltd.(a)

     136,138         972,631   

Kitano Construction Corp.

     145,651         353,777   

Kyowa Exeo Corp.

     91,066         1,012,790   

Kyudenko Corp.(a)

     32,890         783,952   

Maeda Corp.

     108,087         806,842   

Maeda Road Construction Co., Ltd.

     52,694         870,146   

Mirait Holdings Corp.

     65,800         524,550   

NDS Co., Ltd.

     139,000         383,380   

Nippo Corp.

     46,358         780,779   

Nippon Densetsu Kogyo Co., Ltd.

     34,000         684,265   

Nippon Koei Co., Ltd.

     41,000         129,499   

Nippon Road Co., Ltd. (The)

     149,291         694,686   

Nishimatsu Construction Co., Ltd.

     201,037         863,925   

Obayashi Road Corp.

     36,200         239,626   

Okumura Corp.

     172,853         915,054   

Penta-Ocean Construction Co., Ltd.

     72,093         302,111   

Raito Kogyo Co., Ltd.

     28,900         267,414   

SHO-BOND Holdings Co., Ltd.(a)

     12,100         460,768   

Sumitomo Densetsu Co., Ltd.

     25,200         326,673   

Taikisha Ltd.

     18,365         443,459   

TOA ROAD Corp.

     100,000         333,645   

Toda Corp.

     158,549         767,389   

Toenec Corp.

     94,000         580,417   

Tokyu Construction Co., Ltd.

     72,600         594,261   

Totetsu Kogyo Co., Ltd.

     17,579         541,157   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Toyo Construction Co., Ltd.(a)

     71,600       $ 312,786   

Toyo Engineering Corp.(a)

     117,554         306,449   

Yahagi Construction Co., Ltd.(a)

     43,600         306,455   

Yokogawa Bridge Holdings Corp.(a)

     20,300         218,542   

Yurtec Corp.

     63,000         526,892   
     

 

 

 
Total Construction & Engineering         18,385,962   
Construction Materials – 0.2%      

Sumitomo Osaka Cement Co., Ltd.

     261,404         1,027,987   
Containers & Packaging – 0.8%      

FP Corp.

     27,600         1,182,384   

Fuji Seal International, Inc.

     21,305         756,323   

Rengo Co., Ltd.

     259,000         1,308,884   
     

 

 

 
Total Containers & Packaging         3,247,591   
Distributors – 1.1%      

Canon Marketing Japan, Inc.

     131,100         2,293,186   

Doshisha Co., Ltd.

     42,200         777,956   

Happinet Corp.

     20,400         185,496   

Paltac Corp.

     74,257         1,316,733   
     

 

 

 
Total Distributors         4,573,371   
Diversified Consumer Services – 1.0%      

Benesse Holdings, Inc.(a)

     125,200         3,609,128   

Meiko Network Japan Co., Ltd.

     26,586         290,236   

Studio Alice Co., Ltd.

     14,760         323,054   
     

 

 

 
Total Diversified Consumer Services         4,222,418   
Diversified Financial Services – 0.2%      

Financial Products Group Co., Ltd.(a)

     34,200         412,913   

Ricoh Leasing Co., Ltd.

     20,400         607,127   
     

 

 

 
Total Diversified Financial Services         1,020,040   
Electric Utilities – 0.1%      

Okinawa Electric Power Co., Inc. (The)

     11,600         312,719   
Electrical Equipment – 1.4%      

Daihen Corp.

     103,000         469,202   

Fujikura Ltd.

     176,715         833,302   

GS Yuasa Corp.

     301,000         1,288,144   

Idec Corp.

     34,636         329,735   

Nissin Electric Co., Ltd.

     62,965         687,940   

Nitto Kogyo Corp.

     35,900         573,020   

Sanyo Denki Co., Ltd.

     32,000         149,473   

Takaoka Toko Co., Ltd.(a)

     25,900         360,173   

Ushio, Inc.

     86,475         1,151,000   
     

 

 

 
Total Electrical Equipment         5,841,989   
Electronic Equipment, Instruments & Components – 4.7%   

Ai Holdings Corp.

     43,300         1,257,836   

Amano Corp.

     81,435         1,287,513   

Anritsu Corp.(a)

     156,300         860,801   

Azbil Corp.

     81,354         2,085,332   

Canon Electronics, Inc.

     35,000         515,681   

Citizen Holdings Co., Ltd.

     245,600         1,394,126   

CONEXIO Corp.(a)

     64,500         653,063   

Daiwabo Holdings Co., Ltd.

     282,396         527,632   

Enplas Corp.

     13,389         496,749   

Hakuto Co., Ltd.

     30,434       268,340   

Horiba Ltd.

     24,600         919,258   

Japan Aviation Electronics Industry Ltd.

     27,000         316,616   

Kaga Electronics Co., Ltd.

     46,400         589,521   

Koa Corp.

     31,147         230,842   

Mitsumi Electric Co., Ltd.*(a)

     59,800         278,263   

Nippon Electric Glass Co., Ltd.

     395,000         2,024,289   

Nippon Signal Co., Ltd.

     44,800         371,091   

Nohmi Bosai Ltd.

     65,291         989,865   

Oki Electric Industry Co., Ltd.(a)

     597,000         844,548   

Ryoden Trading Co., Ltd.

     98,723         579,716   

Ryosan Co., Ltd.

     26,500         663,001   

Sanshin Electronics Co., Ltd.

     49,300         389,943   

Shinko Shoji Co., Ltd.

     31,000         299,257   

Siix Corp.

     18,300         560,910   

SMK Corp.

     100,000         514,258   

Taiyo Yuden Co., Ltd.

     40,200         392,719   

Tokyo Electron Device Ltd.(a)

     20,300         272,906   

Topcon Corp.(a)

     21,700         286,515   

UKC Holdings Corp.

     13,200         262,250   
     

 

 

 
Total Electronic Equipment, Instruments & Components         20,132,841   
Energy Equipment & Services – 0.2%      

Modec, Inc.(a)

     33,804         495,954   

Shinko Plantech Co., Ltd.

     48,000         365,995   
     

 

 

 
Total Energy Equipment & Services         861,949   
Food & Staples Retailing – 3.3%      

Ain Holdings, Inc.

     12,900         662,245   

Arcs Co., Ltd.

     49,994         1,121,357   

Belc Co., Ltd.

     20,300         767,605   

Cawachi Ltd.

     30,500         551,955   

Cocokara fine, Inc.

     17,400         757,027   

Cosmos Pharmaceutical Corp.(a)

     1,800         299,640   

Heiwado Co., Ltd.

     36,063         749,528   

Kato Sangyo Co., Ltd.

     32,516         805,125   

Life Corp.

     17,900         448,794   

Matsumotokiyoshi Holdings Co., Ltd.

     31,800         1,666,462   

Qol Co., Ltd.

     34,600         520,562   

San-A Co., Ltd.

     15,500         733,663   

UNY Group Holdings Co., Ltd.

     268,200         1,892,278   

Valor Holdings Co., Ltd.

     34,791         878,790   

Welcia Holdings Co., Ltd.

     17,100         985,880   

Yaoko Co., Ltd.

     11,100         491,325   

Yokohama Reito Co., Ltd.

     71,228         675,555   
     

 

 

 
Total Food & Staples Retailing         14,007,791   
Food Products – 4.0%      

Ariake Japan Co., Ltd.

     21,428         1,258,284   

Fuji Oil Holdings, Inc.

     56,300         1,016,350   

Fujicco Co., Ltd.(a)

     41,500         868,437   

Hokuto Corp.

     31,591         625,665   

J-Oil Mills, Inc.

     193,981         593,705   

Kameda Seika Co., Ltd.

     4,300         171,396   

Marudai Food Co., Ltd.

     163,000         633,756   

Maruha Nichiro Corp.

     35,032         654,230   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      161   


Table of Contents

Schedule of Investments (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Megmilk Snow Brand Co., Ltd.

     59,200       $ 1,490,073   

Mitsui Sugar Co., Ltd.

     128,492         573,895   

Morinaga & Co., Ltd.

     178,439         909,698   

Morinaga Milk Industry Co., Ltd.

     164,411         882,066   

Nichirei Corp.

     186,096         1,516,651   

Nippon Beet Sugar Manufacturing Co., Ltd.

     215,000         365,363   

Nippon Flour Mills Co., Ltd.

     184,766         1,520,606   

Nippon Suisan Kaisha Ltd.

     95,600         465,263   

Nisshin Oillio Group Ltd. (The)

     187,000         763,673   

Riken Vitamin Co., Ltd.

     14,000         500,111   

S Foods, Inc.(a)

     34,100         738,462   

Sakata Seed Corp.

     14,000         356,119   

Showa Sangyo Co., Ltd.

     205,000         849,949   

Starzen Co., Ltd.

     13,700         383,349   
     

 

 

 
Total Food Products         17,137,101   
Gas Utilities – 0.1%      

K&O Energy Group, Inc.

     26,100         322,781   

Shizuoka Gas Co., Ltd.

     42,692         286,779   
     

 

 

 
Total Gas Utilities         609,560   
Health Care Equipment & Supplies – 1.8%      

Asahi Intecc Co., Ltd.

     12,000         562,659   

Eiken Chemical Co., Ltd.

     15,435         323,545   

Hogy Medical Co., Ltd.

     12,700         682,486   

Nagaileben Co., Ltd.

     32,126         661,413   

Nakanishi, Inc.

     15,100         480,293   

Nihon Kohden Corp.

     50,500         1,257,164   

Nikkiso Co., Ltd.

     58,300         428,970   

Nipro Corp.

     214,200         2,037,278   

Paramount Bed Holdings Co., Ltd.(a)

     29,721         1,088,144   
     

 

 

 
Total Health Care Equipment & Supplies         7,521,952   
Health Care Providers & Services – 0.6%      

BML, Inc.

     17,600         682,735   

Ship Healthcare Holdings, Inc.

     51,407         1,296,667   

Toho Holdings Co., Ltd.(a)

     28,900         619,166   
     

 

 

 
Total Health Care Providers & Services         2,598,568   
Hotels, Restaurants & Leisure – 3.4%      

Accordia Golf Co., Ltd.(a)

     125,000         1,175,542   

Doutor Nichires Holdings Co., Ltd.

     46,753         756,234   

Fuji Kyuko Co., Ltd.(a)

     27,402         377,160   

Hiramatsu, Inc.(a)

     58,300         384,880   

HIS Co., Ltd.

     12,000         335,780   

Ichibanya Co., Ltd.

     9,918         635,345   

Kyoritsu Maintenance Co., Ltd.(a)

     8,700         751,608   

McDonald’s Holdings Co., Japan Ltd.(a)

     66,500         1,577,375   

MOS Food Services, Inc.(a)

     17,500         457,916   

Ohsho Food Service Corp.

     25,200         774,643   

Plenus Co., Ltd.(a)

     42,868         774,252   

Resorttrust, Inc.(a)

     72,208         1,624,752   

Round One Corp.(a)

     148,437         838,627   

Royal Holdings Co., Ltd.

     10,600         214,367   

Saizeriya Co., Ltd.

     25,700         529,800   

Skylark Co., Ltd.

     124,500         1,646,043   

St. Marc Holdings Co., Ltd.

     20,300       560,804   

Tokyotokeiba Co., Ltd.(a)

     180,424         362,790   

Yoshinoya Holdings Co., Ltd.(a)

     35,600         436,151   
     

 

 

 
Total Hotels, Restaurants & Leisure         14,214,069   
Household Durables – 2.5%      

Alpine Electronics, Inc.

     28,800         323,118   

Cleanup Corp.

     34,400         235,975   

First Juken Co., Ltd.

     27,500         328,106   

Foster Electric Co., Ltd.

     24,000         506,927   

France Bed Holdings Co., Ltd.

     77,300         713,200   

Fujitsu General Ltd.

     41,000         633,631   

Mitsui Home Co., Ltd.

     100,000         467,992   

Nihon House Holdings Co., Ltd.(a)

     106,800         385,789   

Nissei Build Kogyo Co., Ltd.(a)

     103,000         352,818   

PanaHome Corp.

     143,177         1,076,423   

Pressance Corp.(a)

     13,200         506,179   

Sangetsu Co., Ltd.

     66,300         1,203,953   

Starts Corp., Inc.

     46,000         1,024,814   

Sumitomo Forestry Co., Ltd.

     92,300         1,061,826   

Tamron Co., Ltd.

     26,366         432,806   

TOA Corp.(a)

     32,952         313,996   

Token Corp.

     10,770         881,570   
     

 

 

 
Total Household Durables         10,449,123   
Household Products – 0.8%      

Earth Chemical Co., Ltd.

     27,700         1,121,358   

Lion Corp.

     186,013         2,100,187   
     

 

 

 
Total Household Products         3,221,545   
Independent Power & Renewable Electricity Producers – 0.1%   

West Holdings Corp.(a)

     77,900         481,698   
Industrial Conglomerates – 0.4%      

Nisshinbo Holdings, Inc.

     90,500         962,209   

TOKAI Holdings Corp.(a)

     134,600         701,772   
     

 

 

 
Total Industrial Conglomerates         1,663,981   
Internet & Catalog Retail – 0.4%      

ASKUL Corp.(a)

     21,465         874,681   

Belluna Co., Ltd.

     71,084         361,128   

Senshukai Co., Ltd.(a)

     71,076         455,311   
     

 

 

 
Total Internet & Catalog Retail         1,691,120   
Internet Software & Services – 0.9%      

Dip Corp.(a)

     16,500         389,030   

F@N Communications, Inc.(a)

     56,200         422,519   

GMO Internet, Inc.

     73,272         979,828   

Gree, Inc.(a)

     118,500         651,568   

Gurunavi, Inc.

     28,200         670,658   

Internet Initiative Japan, Inc.

     27,700         570,044   

NIFTY Corp.

     18,600         166,315   
     

 

 

 
Total Internet Software & Services         3,849,962   
IT Services – 1.9%      

DTS Corp.

     28,691         549,595   

Future Architect, Inc.

     45,900         358,150   

Ines Corp.

     41,510         427,306   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Information Services International-Dentsu Ltd.

     34,000       $ 683,055   

IT Holdings Corp.

     58,800         1,393,685   

NEC Networks & System Integration Corp.

     47,079         733,024   

NET One Systems Co., Ltd.

     139,758         756,020   

Nihon Unisys Ltd.(a)

     73,100         969,724   

NS Solutions Corp.

     61,380         1,206,357   

Transcosmos, Inc.(a)

     31,000         806,477   
     

 

 

 
Total IT Services         7,883,393   
Leisure Products – 1.5%      

Dunlop Sports Co., Ltd.(a)

     42,886         382,328   

Fields Corp.

     49,200         822,517   

Heiwa Corp.

     157,900         3,277,554   

Mizuno Corp.(a)

     107,616         496,932   

Tomy Co., Ltd.(a)

     48,000         351,048   

Universal Entertainment Corp.

     55,900         929,553   
     

 

 

 
Total Leisure Products         6,259,932   
Life Sciences Tools & Services – 0.1%      

CMIC Holdings Co., Ltd.(a)

     20,600         260,261   

EPS Holdings, Inc.

     15,500         189,759   
     

 

 

 
Total Life Sciences Tools & Services         450,020   
Machinery – 5.5%      

Aida Engineering Ltd.

     81,700         710,909   

Alinco, Inc.(a)

     30,100         269,412   

Anest Iwata Corp.

     49,000         469,968   

Asahi Diamond Industrial Co., Ltd.

     43,000         386,022   

Bando Chemical Industries Ltd.

     114,787         519,833   

CKD Corp.

     42,641         352,449   

Daifuku Co., Ltd.

     41,304         697,128   

DMG Mori Co., Ltd.(a)

     51,200         471,480   

Ebara Corp.

     342,000         1,430,135   

Fujitec Co., Ltd.

     65,861         671,531   

Furukawa Co., Ltd.

     343,000         506,588   

Glory Ltd.

     34,900         1,187,709   

Hitachi Koki Co., Ltd.

     92,827         614,469   

Hitachi Zosen Corp.

     92,200         438,051   

Iseki & Co., Ltd.(a)

     131,000         257,583   

Japan Steel Works Ltd. (The)

     100,524         317,505   

Kato Works Co., Ltd.(a)

     64,000         248,837   

Kito Corp.

     19,200         143,665   

Kitz Corp.

     91,789         397,716   

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

     106,000         423,453   

Kyokuto Kaihatsu Kogyo Co., Ltd.

     28,980         293,423   

Makino Milling Machine Co., Ltd.

     45,578         279,401   

Max Co., Ltd.

     36,000         370,266   

Meidensha Corp.

     144,000         657,253   

Mitsubishi Nichiyu Forklift Co., Ltd.

     62,600         256,204   

Mitsuboshi Belting Ltd.

     37,092         298,993   

Mitsui Engineering & Shipbuilding Co., Ltd.

     316,404         472,938   

Miura Co., Ltd.

     93,600         1,749,665   

Morita Holdings Corp.

     41,005         480,115   

Nachi-Fujikoshi Corp.

     127,000         442,938   

Nippon Thompson Co., Ltd.

     99,051         354,273   

Nitta Corp.

     17,900         451,501   

Obara Group, Inc.

     12,979       465,948   

Oiles Corp.

     33,200         497,136   

OKUMA Corp.(a)

     45,852         321,060   

OSG Corp.(a)

     60,000         1,121,580   

Ryobi Ltd.

     115,000         454,291   

Shinmaywa Industries Ltd.

     63,685         452,161   

Sodick Co., Ltd.

     35,500         265,946   

Star Micronics Co., Ltd.

     48,034         539,338   

Tadano Ltd.

     49,000         455,581   

Tocalo Co., Ltd.

     19,500         351,154   

Toshiba Machine Co., Ltd.

     52,806         162,559   

Tsubakimoto Chain Co.

     118,228         733,172   

Tsugami Corp.(a)

     41,000         149,197   

Union Tool Co.(a)

     15,900         418,455   

YAMABIKO Corp.

     29,800         207,602   
     

 

 

 
Total Machinery         23,216,593   
Marine – 0.6%      

Kawasaki Kisen Kaisha Ltd.(a)

     1,018,000         1,974,501   

NS United Kaiun Kaisha Ltd.

     291,000         393,540   
     

 

 

 
Total Marine         2,368,041   
Media – 1.6%      

Avex Group Holdings, Inc.

     43,799         571,672   

Daiichikosho Co., Ltd.

     56,300         2,454,469   

Kadokawa Dwango*

     33,500         517,127   

SKY Perfect JSAT Holdings, Inc.

     231,500         1,349,104   

Toei Co., Ltd.

     64,313         573,349   

Tv Tokyo Holdings Corp.

     19,900         363,492   

Wowow, Inc.

     15,500         329,183   

Zenrin Co., Ltd.

     30,087         605,247   
     

 

 

 
Total Media         6,763,643   
Metals & Mining – 2.5%      

Aichi Steel Corp.

     127,000         498,305   

Asahi Holdings, Inc.

     42,300         570,549   

Daido Steel Co., Ltd.

     194,000         673,162   

Dowa Holdings Co., Ltd.

     200,000         1,115,708   

Godo Steel Ltd.

     126,000         211,878   

Kyoei Steel Ltd.

     29,314         441,294   

Mitsubishi Steel Manufacturing Co., Ltd.

     143,000         231,558   

Mitsui Mining & Smelting Co., Ltd.

     347,000         555,719   

Neturen Co., Ltd.

     35,800         243,349   

Nippon Denko Co., Ltd.

     97,941         156,852   

Nippon Light Metal Holdings Co., Ltd.(a)

     490,900         808,012   

Nisshin Steel Co., Ltd.(a)

     108,428         1,266,657   

Osaka Steel Co., Ltd.

     17,500         286,801   

OSAKA Titanium Technologies Co., Ltd.(a)

     11,200         152,363   

Sanyo Special Steel Co., Ltd.

     114,000         521,340   

Toho Zinc Co., Ltd.(a)

     141,967         359,986   

Tokyo Steel Manufacturing Co., Ltd.

     40,500         241,425   

Topy Industries Ltd.

     100,000         197,518   

Toyo Kohan Co., Ltd.

     109,405         329,008   

UACJ Corp.(a)

     405,632         822,849   

Yamato Kogyo Co., Ltd.

     44,400         965,071   
     

 

 

 
Total Metals & Mining         10,649,404   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      163   


Table of Contents

Schedule of Investments (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Multiline Retail – 0.5%      

H2O Retailing Corp.(a)

     54,700       $ 945,613   

Parco Co., Ltd.

     59,500         504,502   

Seria Co., Ltd.

     11,500         694,737   
     

 

 

 
Total Multiline Retail         2,144,852   
Oil, Gas & Consumable Fuels – 0.7%      

BP Castrol K.K.(a)

     42,400         481,359   

Itochu Enex Co., Ltd.

     134,181         1,078,032   

Nippon Coke & Engineering Co., Ltd.

     401,873         289,619   

Nippon Gas Co., Ltd.(a)

     19,400         438,591   

San-Ai Oil Co., Ltd.

     52,916         384,647   

Sinanen Holdings Co., Ltd.

     74,771         292,711   
     

 

 

 
Total Oil, Gas & Consumable Fuels         2,964,959   
Paper & Forest Products – 0.9%      

Daio Paper Corp.(a)

     39,478         333,330   

Hokuetsu Kishu Paper Co., Ltd.(a)

     146,232         873,007   

Nippon Paper Industries Co., Ltd.(a)

     118,300         2,108,234   

Tokushu Tokai Paper Co., Ltd.

     147,000         476,071   
     

 

 

 
Total Paper & Forest Products         3,790,642   
Personal Products – 1.2%      

Artnature, Inc.

     50,900         459,207   

Fancl Corp.

     65,400         893,180   

Kobayashi Pharmaceutical Co., Ltd.

     18,100         1,591,067   

Mandom Corp.

     16,053         715,562   

Milbon Co., Ltd.

     12,200         493,883   

Noevir Holdings Co., Ltd.

     33,000         949,820   
     

 

 

 
Total Personal Products         5,102,719   
Pharmaceuticals – 2.5%      

Fuji Pharma Co., Ltd.(a)

     18,400         310,391   

KYORIN Holdings, Inc.

     57,985         1,106,097   

Mochida Pharmaceutical Co., Ltd.

     16,611         1,235,535   

Nichi-iko Pharmaceutical Co., Ltd.

     35,100         810,709   

Nippon Shinyaku Co., Ltd.

     29,200         1,143,111   

Rohto Pharmaceutical Co., Ltd.

     57,100         1,041,461   

Sawai Pharmaceutical Co., Ltd.

     26,224         1,644,906   

Torii Pharmaceutical Co., Ltd.

     17,300         398,349   

Towa Pharmaceutical Co., Ltd.(a)

     10,800         443,454   

Tsumura & Co.(a)

     70,800         1,702,047   

ZERIA Pharmaceutical Co., Ltd.

     45,200         587,546   
     

 

 

 
Total Pharmaceuticals         10,423,606   
Professional Services – 1.2%      

FULLCAST Holdings Co., Ltd.

     41,900         294,879   

Funai Soken Holdings, Inc.

     32,240         519,190   

Meitec Corp.(a)

     42,000         1,470,439   

Nomura Co., Ltd.

     34,500         501,255   

Space Co., Ltd.

     33,100         400,516   

Temp Holdings Co., Ltd.

     63,600         923,486   

Weathernews, Inc.

     11,000         369,945   

Yumeshin Holdings Co., Ltd.(a)

     91,600         506,104   
     

 

 

 
Total Professional Services         4,985,814   
Real Estate Management & Development – 1.6%      

Airport Facilities Co., Ltd.

     60,919       275,882   

Daibiru Corp.

     72,300         611,104   

Daikyo, Inc.

     634,000         1,009,707   

Goldcrest Co., Ltd.

     28,100         420,519   

Heiwa Real Estate Co., Ltd.

     40,568         505,318   

Kenedix, Inc.

     87,200         381,711   

Open House Co., Ltd.

     26,600         529,657   

Relo Holdings, Inc.(a)

     10,446         1,402,466   

Takara Leben Co., Ltd.

     78,200         463,376   

TOC Co., Ltd.

     50,700         429,435   

Unizo Holdings Co., Ltd.(a)

     16,700         719,885   
     

 

 

 
Total Real Estate Management & Development         6,749,060   
Road & Rail – 2.6%      

Fukuyama Transporting Co., Ltd.(a)

     164,059         801,356   

Hitachi Transport System Ltd.

     55,100         922,623   

Ichinen Holdings Co., Ltd.

     33,200         295,387   

Maruzen Showa Unyu Co., Ltd.

     117,000         411,184   

Nankai Electric Railway Co., Ltd.

     206,000         1,119,854   

Nikkon Holdings Co., Ltd.

     71,060         1,289,758   

Nishi-Nippon Railroad Co., Ltd.

     180,000         1,175,497   

Sankyu, Inc.

     248,532         1,136,576   

Seino Holdings Co., Ltd.

     109,260         1,179,166   

Senko Co., Ltd.

     138,156         843,232   

Sotetsu Holdings, Inc.

     284,000         1,743,494   
     

 

 

 
Total Road & Rail         10,918,127   
Semiconductors & Semiconductor Equipment – 1.2%      

Advantest Corp.(a)

     89,700         830,799   

Axell Corp.

     28,600         215,019   

Lasertec Corp.

     19,100         269,519   

MegaChips Corp.(a)

     28,500         320,766   

Mimasu Semiconductor Industry Co., Ltd.

     18,427         169,687   

Mitsui High-Tec, Inc.

     32,500         200,098   

Nuflare Technology, Inc.(a)

     13,200         585,453   

Sanken Electric Co., Ltd.(a)

     36,000         108,261   

SCREEN Holdings Co., Ltd.

     100,000         791,850   

Shindengen Electric Manufacturing Co., Ltd.

     44,000         149,153   

Shinko Electric Industries Co., Ltd.

     136,553         769,056   

Tokyo Seimitsu Co., Ltd.

     30,500         598,901   
     

 

 

 
Total Semiconductors & Semiconductor Equipment         5,008,562   
Software – 1.8%      

Capcom Co., Ltd.

     45,813         1,118,881   

Fuji Soft, Inc.

     17,800         388,798   

Imagica Robot Holdings, Inc.(a)

     49,600         178,727   

Konami Holdings Corp.(a)

     59,100         1,750,994   

Marvelous, Inc.(a)

     31,000         278,571   

MTI Ltd.(a)

     34,400         239,342   

NSD Co., Ltd.

     89,000         1,317,639   

Square Enix Holdings Co., Ltd.

     62,900         1,701,286   

Systena Corp.

     34,000         578,994   
     

 

 

 
Total Software         7,553,232   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (concluded)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Specialty Retail – 5.5%      

Adastria Co., Ltd.

     39,900       $ 1,212,318   

AOKI Holdings, Inc.

     73,454         888,807   

Aoyama Trading Co., Ltd.

     47,700         1,835,513   

Arcland Sakamoto Co., Ltd.

     31,416         333,181   

Autobacs Seven Co., Ltd.

     108,900         1,840,918   

Bic Camera, Inc.

     56,500         513,751   

Chiyoda Co., Ltd.

     43,291         1,247,945   

DCM Holdings Co., Ltd.

     132,145         955,860   

EDION Corp.(a)

     132,339         1,005,539   

Geo Holdings Corp.(a)

     71,800         1,195,229   

Gulliver International Co., Ltd.(a)

     71,060         885,761   

Joshin Denki Co., Ltd.

     41,000         315,539   

Joyful Honda Co., Ltd.(a)

     20,500         459,994   

K’s Holdings Corp.(a)

     44,974         1,492,531   

Kohnan Shoji Co., Ltd.

     65,600         977,624   

Komeri Co., Ltd.

     29,937         612,617   

Konaka Co., Ltd.

     59,700         292,670   

Kyoto Kimono Yuzen Co., Ltd.(a)

     58,700         449,670   

Nishimatsuya Chain Co., Ltd.

     59,900         601,158   

Nojima Corp.(a)

     18,700         204,312   

Pal Co., Ltd.

     18,700         469,018   

Sanrio Co., Ltd.(a)

     88,342         1,729,977   

Shimachu Co., Ltd.

     40,864         976,926   

T-Gaia Corp.(a)

     81,600         945,992   

United Arrows Ltd.

     33,629         1,392,793   

VT Holdings Co., Ltd.(a)

     91,500         550,327   
     

 

 

 
Total Specialty Retail         23,385,970   
Technology Hardware, Storage & Peripherals – 1.0%   

Eizo Corp.

     16,000         403,150   

Elecom Co., Ltd.

     33,200         586,047   

Hitachi Maxell Ltd.

     65,500         998,278   

Riso Kagaku Corp.

     48,600         750,653   

Roland DG Corp.

     15,800         308,985   

Wacom Co., Ltd.(a)

     270,111         1,146,341   
     

 

 

 
Total Technology Hardware, Storage & Peripherals         4,193,454   
Textiles, Apparel & Luxury Goods – 1.7%      

Descente Ltd.

     42,653         629,198   

Fujibo Holdings, Inc.

     129,000         257,093   

Gunze Ltd.

     199,834         565,392   

Japan Wool Textile Co., Ltd. (The)

     57,425         388,300   

Kurabo Industries Ltd.

     197,766         343,115   

Onward Holdings Co., Ltd.

     196,433         1,343,983   

Sanyo Shokai Ltd.

     162,000         368,984   

Seiko Holdings Corp.

     133,000         527,764   

Seiren Co., Ltd.

     63,111         710,311   

Wacoal Holdings Corp.

     140,000         1,672,850   

Yondoshi Holdings, Inc.

     18,200         450,162   
     

 

 

 
Total Textiles, Apparel & Luxury Goods         7,257,152   
Trading Companies & Distributors – 2.8%      

Daiichi Jitsugyo Co., Ltd.

     46,000         201,771   

Hanwa Co., Ltd.

     190,114         803,453   

Inaba Denki Sangyo Co., Ltd.

     42,694         1,346,592   

Inabata & Co., Ltd.

     90,941       902,978   

Iwatani Corp.(a)

     61,166         355,911   

Japan Pulp & Paper Co., Ltd.(a)

     148,578         425,661   

Kanamoto Co., Ltd.

     15,528         365,974   

Kanematsu Corp.

     281,000         410,018   

Kuroda Electric Co., Ltd.

     33,765         506,197   

MonotaRO Co., Ltd.(a)

     14,700         437,488   

Nagase & Co., Ltd.

     92,804         1,021,385   

Nippon Steel & Sumikin Bussan Corp.

     305,000         1,017,616   

Nishio Rent All Co., Ltd.

     17,900         424,587   

Onoken Co., Ltd.(a)

     34,900         306,165   

Seika Corp.

     123,000         248,419   

Shinsho Corp.

     151,000         274,069   

Trusco Nakayama Corp.

     24,700         982,330   

Wakita & Co., Ltd.

     45,900         383,878   

Yamazen Corp.

     97,006         737,934   

Yuasa Trading Co., Ltd.

     27,000         635,393   
     

 

 

 
Total Trading Companies & Distributors               11,787,819   
Transportation Infrastructure – 0.6%      

Kamigumi Co., Ltd.

     103,000         970,479   

Mitsubishi Logistics Corp.(a)

     43,000         565,452   

Nissin Corp.

     116,000         317,879   

Sumitomo Warehouse Co., Ltd. (The)

     125,538         640,004   
     

 

 

 
Total Transportation Infrastructure               2,493,814   
TOTAL COMMON STOCKS
(Cost: $393,539,268)
              418,250,130   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 16.1%   
United States – 16.1%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(b)

(Cost: $68,392,118)(c)

     68,392,118         68,392,118   
TOTAL INVESTMENTS IN SECURITIES – 115.0%
(Cost: $461,931,386)
         486,642,248   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (15.0)%

        (63,611,484
     

 

 

 
NET ASSETS – 100.0%       $ 423,030,764   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(c) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $68,662,149 and the total market value of the collateral held by the Fund was $72,233,036. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $3,840,918.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      165   


Table of Contents

Schedule of Investments

WisdomTree Korea Hedged Equity Fund (DXKW)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.1%      
South Korea – 99.1%      
Aerospace & Defense – 1.3%      

Korea Aerospace Industries Ltd.

     4,319       $ 246,239   
Air Freight & Logistics – 2.7%      

Hyundai Glovis Co., Ltd.

     3,166         521,853   
Auto Components – 5.7%      

Hankook Tire Co., Ltd.

     11,242         534,772   

Hanon Systems

     34,133         274,592   

Mando Corp.

     1,465         200,483   

Nexen Tire Corp.

     8,422         107,153   
     

 

 

 
Total Auto Components         1,117,000   
Automobiles – 9.9%      

Hyundai Motor Co.

     7,239         965,327   

Kia Motors Corp.

     22,519         951,091   
     

 

 

 
Total Automobiles         1,916,418   
Biotechnology – 0.3%      

Medy-Tox, Inc.

     140         54,049   
Chemicals – 20.3%      

Hanwha Chemical Corp.

     13,678         298,414   

Hyosung Corp.

     6,135         772,508   

Korea Petrochemical Ind Co., Ltd.

     1,480         331,305   

Kumho Petrochemical Co., Ltd.

     3,708         188,707   

LG Chem Ltd.

     3,638         1,041,837   

Lotte Chemical Corp.

     3,419         1,020,976   

OCI Co., Ltd.(a)

     2,416         223,939   

SK Materials Co., Ltd.

     730         71,174   
     

 

 

 
Total Chemicals         3,948,860   
Construction & Engineering – 5.6%      

Daelim Industrial Co., Ltd.

     4,057         322,474   

Daewoo Engineering & Construction Co., Ltd.*

     22,927         125,902   

GS Engineering & Construction Corp.*

     1,692         40,391   

Hyundai Engineering & Construction Co., Ltd.

     16,068         592,223   
     

 

 

 
Total Construction & Engineering         1,080,990   
Electronic Equipment, Instruments & Components – 4.4%   

LG Display Co., Ltd.

     36,380         846,195   

Samsung Electro-Mechanics Co., Ltd.

     327         16,813   
     

 

 

 
Total Electronic Equipment, Instruments & Components         863,008   
Food Products – 1.4%      

CJ CheilJedang Corp.

     876         266,186   
Household Durables – 1.0%      

LG Electronics, Inc.

     3,467         186,750   
Industrial Conglomerates – 0.0%      

Hanwha Techwin Co., Ltd.

     240         8,468   
Internet Software & Services – 3.4%      

NAVER Corp.

     1,203         670,086   
IT Services – 2.7%      

Samsung SDS Co., Ltd.

     3,372         516,002   
Media – 0.6%      

Cheil Worldwide, Inc.

     7,821       $ 116,262   
Metals & Mining – 5.9%      

Hyundai Steel Co.

     17,797         863,705   

POSCO

     1,445         277,350   
     

 

 

 
Total Metals & Mining               1,141,055   
Oil, Gas & Consumable Fuels – 11.0%      

S-Oil Corp.

     12,721         1,089,005   

SK Innovation Co., Ltd.

     6,982         1,050,108   
     

 

 

 
Total Oil, Gas & Consumable Fuels               2,139,113   
Personal Products – 4.9%      

Amorepacific Corp.

     2,826         955,097   
Pharmaceuticals – 0.1%      

Hanmi Pharm Co., Ltd.

     35         21,393   
Semiconductors & Semiconductor Equipment – 3.9%   

Eo Technics Co., Ltd.

     356         37,231   

SK Hynix, Inc.

     29,625         729,227   
     

 

 

 
Total Semiconductors & Semiconductor Equipment         766,458   
Software – 1.8%      

Com2uS Corp.*

     1,380         149,512   

NCSoft Corp.

     927         205,487   
     

 

 

 
Total Software               354,999   
Technology Hardware, Storage & Peripherals – 9.5%   

Samsung Electronics Co., Ltd.

     1,619         1,857,405   
Textiles, Apparel & Luxury Goods – 1.6%      

Hansae Co., Ltd.

     2,490         123,455   

Youngone Corp.

     4,611         193,939   
     

 

 

 
Total Textiles, Apparel & Luxury Goods               317,394   
Trading Companies & Distributors – 1.1%      

Posco Daewoo Corp.

     10,834         204,629   
TOTAL COMMON STOCKS
(Cost: $18,822,204)
              19,269,714   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.9%   
United States – 0.9%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(b)

(Cost: $175,140)(c)

     175,140         175,140   
TOTAL INVESTMENTS IN SECURITIES – 100.0%
(Cost: $18,997,344)
        19,444,854   

Cash, Foreign Currency and Other Assets in Excess of Liabilities – 0.0%

        5,079   
     

 

 

 
NET ASSETS – 100.0%       $ 19,449,933   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(c)

At March 31, 2016, the total market value of the Fund’s securities on loan was $166,842 and the total market value of the collateral held by the Fund was $175,140.

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (concluded)

WisdomTree Korea Hedged Equity Fund (DXKW)

March 31, 2016

 

  

 

 

 

FORWARD CONTRACTS  

Settlement

Date

  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/5/2016

  KRW     7,778,030,400        USD        6,283,754      $ (517,644

4/5/2016

  KRW     8,006,796,000        USD        6,468,518        (532,922

4/5/2016

  KRW     7,091,733,600        USD        5,728,842        (472,433

4/5/2016

  KRW     1,660,915,055        USD        1,448,809        (3,547

4/5/2016

  USD     156,929        KRW        194,808,000        13,419   

4/5/2016

  USD     4,958,844        KRW        5,670,438,000        (403

4/5/2016

  USD     4,957,543        KRW        5,670,438,000        898   

4/5/2016

  USD     4,957,977        KRW        5,670,438,000        465   

4/5/2016

  USD     4,958,844        KRW        5,670,438,000        (403

5/4/2016

  KRW     5,611,687,750        USD        4,903,521        (728

5/4/2016

  KRW     5,611,687,750        USD        4,903,178        (1,071

5/4/2016

  KRW     5,611,687,750        USD        4,902,108        (2,142

5/4/2016

  KRW     5,611,687,750        USD        4,902,536        (1,714

5/4/2016

  USD     8,266        KRW        9,418,000        (36
                                $ (1,518,261

 

CURRENCY LEGEND

KRW

  – South Korean won

USD

  – U.S. dollar

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      167   


Table of Contents

Schedule of Investments

WisdomTree United Kingdom Hedged Equity Fund (DXPS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.3%      
United Kingdom – 99.3%      
Aerospace & Defense – 2.9%      

BAE Systems PLC

     64,249       $ 470,036   

Cobham PLC

     19,115         59,646   

Meggitt PLC

     9,753         56,997   

QinetiQ Group PLC

     6,179         20,249   

Rolls-Royce Holdings PLC*

     17,179         168,395   

Senior PLC

     3,220         10,557   

Ultra Electronics Holdings PLC

     760         19,717   
     

 

 

 
Total Aerospace & Defense         805,597   
Airlines – 0.4%      

easyJet PLC

     4,917         107,351   
Auto Components – 0.3%      

GKN PLC

     16,979         70,478   
Banks – 5.4%      

Barclays PLC

     170,718         368,060   

BGEO Group PLC

     520         15,157   

HSBC Holdings PLC

     178,905         1,115,731   
     

 

 

 
Total Banks         1,498,948   
Beverages – 8.4%      

Britvic PLC

     3,159         32,260   

Diageo PLC

     33,650         909,990   

SABMiller PLC

     22,998         1,406,822   
     

 

 

 
Total Beverages         2,349,072   
Biotechnology – 0.1%      

Abcam PLC

     1,388         11,770   

Genus PLC

     189         4,154   
     

 

 

 
Total Biotechnology         15,924   
Building Products – 0.0%      

James Halstead PLC

     1,665         9,698   
Capital Markets – 1.6%      

Aberdeen Asset Management PLC

     24,950         99,477   

ICAP PLC

     11,399         77,790   

Investec PLC

     9,019         66,436   

Man Group PLC

     29,884         65,502   

Schroders PLC

     2,468         95,173   

Schroders PLC Non-Voting Shares

     647         18,803   

Tullett Prebon PLC

     4,316         21,811   
     

 

 

 
Total Capital Markets         444,992   
Chemicals – 0.8%      

Croda International PLC

     1,403         61,282   

Elementis PLC

     3,185         10,959   

Essentra PLC

     2,086         24,810   

Johnson Matthey PLC

     1,719         67,797   

Synthomer PLC

     3,200         16,756   

Victrex PLC

     1,765         41,807   
     

 

 

 
Total Chemicals         223,411   
Commercial Services & Supplies – 0.6%      

Aggreko PLC

     1,912         29,597   

Berendsen PLC

     2,067         35,740   

G4S PLC

     21,191       58,053   

HomeServe PLC

     3,528         21,835   

Rentokil Initial PLC

     13,352         33,929   
     

 

 

 
Total Commercial Services & Supplies         179,154   
Construction & Engineering – 0.2%      

Carillion PLC

     10,011         42,317   

Keller Group PLC

     839         10,365   
     

 

 

 
Total Construction & Engineering         52,682   
Containers & Packaging – 0.6%      

DS Smith PLC

     11,399         66,846   

Rexam PLC

     9,705         88,437   

RPC Group PLC

     2,197         23,983   
     

 

 

 
Total Containers & Packaging         179,266   
Distributors – 0.2%      

Inchcape PLC

     4,804         49,956   
Diversified Financial Services – 0.5%      

IG Group Holdings PLC

     6,502         74,762   

London Stock Exchange Group PLC

     1,316         53,340   
     

 

 

 
Total Diversified Financial Services         128,102   
Diversified Telecommunication Services – 2.6%      

BT Group PLC

     87,554         554,331   

Cable & Wireless Communications PLC

     64,640         71,585   

Inmarsat PLC

     6,703         94,849   
     

 

 

 
Total Diversified Telecommunication Services         720,765   
Electronic Equipment, Instruments & Components – 0.5%      

Electrocomponents PLC

     9,898         34,343   

Halma PLC

     2,334         30,578   

Laird PLC

     3,313         18,142   

Premier Farnell PLC

     6,564         10,637   

Renishaw PLC

     562         14,822   

Spectris PLC

     1,072         28,412   
     

 

 

 
Total Electronic Equipment, Instruments & Components         136,934   
Energy Equipment & Services – 0.4%      

Amec Foster Wheeler PLC

     8,124         52,545   

Hunting PLC

     1,934         8,902   

John Wood Group PLC

     4,460         39,424   
     

 

 

 
Total Energy Equipment & Services         100,871   
Food Products – 1.0%      

Associated British Foods PLC

     3,890         187,246   

Tate & Lyle PLC

     9,601         79,761   
     

 

 

 
Total Food Products         267,007   
Health Care Equipment & Supplies – 0.4%      

Smith & Nephew PLC

     7,171         118,323   
Health Care Providers & Services – 0.0%      

Mediclinic International PLC

     727         9,362   

NMC Health PLC

     191         2,902   
     

 

 

 
Total Health Care Providers & Services         12,264   
Hotels, Restaurants & Leisure – 2.0%      

Carnival PLC

     1,975         106,507   

Compass Group PLC

     17,983         317,401   

 

See Notes to Financial Statements.

 

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


Table of Contents

Schedule of Investments (continued)

WisdomTree United Kingdom Hedged Equity Fund (DXPS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

InterContinental Hotels Group PLC

     1,921       $ 79,270   

Merlin Entertainments PLC(a)

     6,118         40,757   

Millennium & Copthorne Hotels PLC

     3,309         19,804   

SSP Group PLC

     1,260         5,248   
     

 

 

 
Total Hotels, Restaurants & Leisure         568,987   
Household Products – 2.8%      

PZ Cussons PLC(b)

     3,895         16,913   

Reckitt Benckiser Group PLC

     7,848         759,139   
     

 

 

 
Total Household Products         776,052   
Industrial Conglomerates – 0.3%      

Smiths Group PLC

     6,251         96,674   
Insurance – 4.4%      

Aviva PLC

     44,732         293,242   

Jardine Lloyd Thompson Group PLC

     2,580         31,316   

Old Mutual PLC

     89,469         248,315   

Prudential PLC

     25,683         480,253   

RSA Insurance Group PLC

     2,184         14,933   

Standard Life PLC

     31,975         163,655   
     

 

 

 
Total Insurance         1,231,714   
IT Services – 0.1%      

Computacenter PLC

     1,533         18,508   
Machinery – 0.7%      

Bodycote PLC

     3,834         33,256   

IMI PLC

     3,658         50,079   

Melrose Industries PLC

     741         3,797   

Morgan Advanced Materials PLC

     4,402         14,375   

Rotork PLC

     7,376         19,380   

Spirax-Sarco Engineering PLC

     600         31,391   

Vesuvius PLC

     4,997         23,823   

Weir Group PLC (The)

     2,115         33,682   
     

 

 

 
Total Machinery         209,783   
Media – 2.0%      

Cineworld Group PLC

     3,268         25,247   

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

     3,274         32,752   

Informa PLC

     8,809         87,868   

Pearson PLC

     14,124         177,629   

RELX PLC

     13,023         242,210   
     

 

 

 
Total Media         565,706   
Metals & Mining – 5.3%      

Acacia Mining PLC

     2,021         8,171   

BHP Billiton PLC

     55,151         620,514   

Evraz PLC*(b)

     16,394         21,207   

Fresnillo PLC

     581         7,954   

Rio Tinto PLC

     29,632         832,849   
     

 

 

 
Total Metals & Mining         1,490,695   
Multi-Utilities – 5.6%      

Centrica PLC

     111,580         365,172   

National Grid PLC

     84,186         1,194,517   
     

 

 

 
Total Multi-Utilities         1,559,689   
Oil, Gas & Consumable Fuels – 15.8%      

BP PLC

     250,616       1,261,276   

James Fisher & Sons PLC

     264         5,005   

Nostrum Oil & Gas PLC

     2,096         7,170   

Royal Dutch Shell PLC Class A

     58,633         1,419,161   

Royal Dutch Shell PLC Class B

     69,868         1,707,162   
     

 

 

 
Total Oil, Gas & Consumable Fuels         4,399,774   
Paper & Forest Products – 0.2%      

Mondi PLC

     3,528         67,746   
Personal Products – 2.9%      

Unilever PLC

     17,758         804,631   
Pharmaceuticals – 10.5%      

AstraZeneca PLC

     22,987         1,289,355   

Dechra Pharmaceuticals PLC

     392         6,795   

GlaxoSmithKline PLC

     79,711         1,617,709   

Hikma Pharmaceuticals PLC

     644         18,327   
     

 

 

 
Total Pharmaceuticals         2,932,186   
Professional Services – 0.4%      

Hays PLC

     10,521         18,297   

Intertek Group PLC

     1,398         63,636   

Michael Page International PLC

     2,966         18,195   

WS Atkins PLC

     1,040         20,479   
     

 

 

 
Total Professional Services         120,607   
Real Estate Investment Trusts (REITs) – 0.5%      

Hammerson PLC

     9,415         78,284   

Segro PLC

     10,962         64,645   
     

 

 

 
Total Real Estate Investment Trusts (REITs)         142,929   
Real Estate Management & Development – 0.1%      

Savills PLC

     1,439         15,719   
Road & Rail – 0.1%      

National Express Group PLC

     7,274         35,902   

Northgate PLC

     924         5,355   
     

 

 

 
Total Road & Rail         41,257   
Semiconductors & Semiconductor Equipment – 0.2%   

ARM Holdings PLC

     3,921         57,145   
Software – 0.6%      

AVEVA Group PLC

     247         5,591   

Fidessa Group PLC

     654         22,955   

Micro Focus International PLC

     1,548         34,932   

Sage Group PLC (The)

     11,164         100,929   
     

 

 

 
Total Software         164,407   
Specialty Retail – 0.7%      

Dixons Carphone PLC

     4,978         30,501   

JD Sports Fashion PLC

     761         12,316   

Kingfisher PLC

     27,338         148,017   
     

 

 

 
Total Specialty Retail         190,834   
Textiles, Apparel & Luxury Goods – 0.3%      

Burberry Group PLC

     3,741         73,395   

Ted Baker PLC

     293         11,468   
     

 

 

 
Total Textiles, Apparel & Luxury Goods         84,863   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      169   


Table of Contents

Schedule of Investments (concluded)

WisdomTree United Kingdom Hedged Equity Fund (DXPS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Tobacco – 11.0%      

British American Tobacco PLC

     32,008       $ 1,881,609   

Imperial Brands PLC

     21,175         1,175,697   
     

 

 

 
Total Tobacco         3,057,306   
Trading Companies & Distributors – 0.5%      

Ashtead Group PLC

     2,336         29,009   

Bunzl PLC

     2,777         80,746   

Diploma PLC

     1,156         12,345   

SIG PLC

     6,084         12,767   
     

 

 

 
Total Trading Companies & Distributors         134,867   
Transportation Infrastructure – 0.1%      

BBA Aviation PLC

     9,672         27,859   
Wireless Telecommunication Services – 5.3%      

Vodafone Group PLC

     464,093         1,475,494   
TOTAL COMMON STOCKS
(Cost: $32,584,240)
              27,706,227   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.1%   
United States – 0.1%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

(Cost: $38,819)(d)

     38,819         38,819   
TOTAL INVESTMENTS IN SECURITIES – 99.4%
(Cost: $32,623,059)
        27,745,046   

Cash, Foreign Currency and Other Assets in Excess of Liabilities – 0.6%

        157,053   
     

 

 

 
NET ASSETS – 100.0%       $ 27,902,099   
* 

Non-income producing security.

 

(a) 

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

 

(b) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(c) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(d) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $36,208 and the total market value of the collateral held by the Fund was $38,819.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS  

Settlement

Date

  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/4/2016

  GBP     4,535,235        USD        6,320,798      $ (197,695

4/4/2016

  GBP     4,535,313        USD        6,320,798        (197,807

4/4/2016

  GBP     4,535,248        USD        6,320,798        (197,714

4/4/2016

  GBP     4,534,972        USD        6,320,798        (197,316

4/4/2016

  GBP     3,455,318        USD        4,815,850        (150,479

4/4/2016

  USD     1,157,655        GBP        817,625        17,518   

4/4/2016

  USD     446,000        GBP        309,669        (913

4/4/2016

  USD     1,157,655        GBP        818,364        18,580   

4/4/2016

  USD     5,740,923        GBP        3,994,352        160   

4/4/2016

  USD     4,374,040        GBP        3,043,382        213   

4/4/2016

  USD     5,740,923        GBP        3,994,352        160   

4/4/2016

  USD     5,740,923        GBP        3,994,464        319   

4/4/2016

  USD     5,740,923        GBP        3,994,361        171   

5/4/2016

  GBP     4,099,729        USD        5,892,790        (283

5/4/2016

  GBP     4,099,731        USD        5,892,790        (287

5/4/2016

  GBP     3,123,651        USD        4,489,748        (281

5/4/2016

  GBP     4,099,794        USD        5,892,790        (377

5/4/2016

  GBP     4,099,734        USD        5,892,790        (291
                                $ (906,322

 

CURRENCY LEGEND

GBP

  – British pound

USD

  – U.S. dollar

 

See Notes to Financial Statements.

 

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


Table of Contents

Statements of Assets and Liabilities

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

March 31, 2016

 

  

 

 

     WisdomTree
Australia
Dividend Fund
    WisdomTree
Europe Hedged
Equity Fund
    WisdomTree
Europe Hedged
SmallCap
Equity Fund
    WisdomTree
Europe Quality
Dividend
Growth Fund
    WisdomTree
Europe
SmallCap
Dividend Fund
 

ASSETS:

         

Investments, at cost

  $ 38,533,370      $ 15,448,688,361      $ 282,027,540      $ 18,784,581      $ 1,187,099,951   

Investment in affiliates, at cost (Note 3)

                                2,673,076   

Foreign currency, at cost

    20,594        1,321,147        409,505        3,706        545,570   

Investments in securities, at value1 (Note 2)

    35,216,619        14,076,411,621        287,155,134        18,027,137        1,171,627,377   

Investment in affiliates, at value (Note 3)

                                2,908,723   

Cash

    16,603        24,555,406        36,274        7,340        38,872   

Foreign currency, at value

    20,587        1,336,742        416,756        3,780        548,262   

Unrealized appreciation on forward foreign currency contracts

           26,469,670        8,437               1,240   

Receivables:

         

Investment securities sold

    946,133        617,643,805        10,505,175               118,269   

Dividends and interest

    323,463        9,862,003        770,878        33,231        3,867,997   

Foreign tax reclaims

           5,745,746        196,507        29,164        834,830   

Total Assets

    36,523,405        14,762,024,993        299,089,161        18,100,652        1,179,945,570   

LIABILITIES:

         

Unrealized depreciation on forward foreign currency contracts

           672,918,232        12,176,615               384   

Payables:

         

Investment of cash collateral for securities loaned (Note 2)

    1,647,113        291,263,715        19,074,318        238,241        52,561,886   

Investment securities purchased

    1,043,127                             956,359   

Capital shares redeemed

           73,710,169                        

Advisory fees (Note 3)

    16,170        7,125,812        129,430        8,545        482,276   

Service fees (Note 2)

    123        54,058        982        65        3,669   

Professional fees (Note 2)

                         90        6,215   

Total Liabilities

    2,706,533        1,045,071,986        31,381,345        246,941        54,010,789   

NET ASSETS

  $ 33,816,872      $ 13,716,953,007      $ 267,707,816      $ 17,853,711      $ 1,125,934,781   

NET ASSETS:

         

Paid-in capital

  $ 61,669,086      $ 16,968,291,190      $ 289,363,885      $ 19,923,835      $ 1,247,433,398   

Undistributed (Distributions in excess of) net investment income

    126,595        24,118,619        (2,214,679     39,608        4,068,208   

Accumulated net realized loss on investments, forward foreign currency contracts and foreign currency related transactions

    (24,676,251     (1,257,020,586     (12,425,680     (1,353,385     (110,341,303

Net unrealized depreciation on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (3,302,558     (2,018,436,216     (7,015,710     (756,347     (15,225,522

NET ASSETS

  $ 33,816,872      $ 13,716,953,007      $ 267,707,816      $ 17,853,711      $ 1,125,934,781   

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

    700,000        263,600,000        11,200,000        800,000        19,750,000   

Net asset value per share

  $ 48.31      $ 52.04      $ 23.90      $ 22.32      $ 57.01   

 

1     Includes market value of securities out on loan of:

  $ 1,786,687      $ 276,592,888      $ 24,062,711      $ 226,763      $ 49,720,141   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      171   


Table of Contents

Statements of Assets and Liabilities (continued)

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

March 31, 2016

 

  

 

 

      WisdomTree
Germany Hedged
Equity Fund
     WisdomTree
Global ex-
U.S. Hedged
Dividend Fund
     WisdomTree
Global ex-U.S.
Hedged Real
Estate  Fund
     WisdomTree
International
Dividend ex-
Financials Fund
     WisdomTree
International
Equity Fund
 

ASSETS:

              

Investments, at cost

   $ 220,506,042       $ 4,727,222       $ 2,477,344       $ 271,222,428       $ 650,877,648   

Investment in affiliates, at cost (Note 3)

                             235,837         312,739   

Foreign currency, at cost

     60,731         12,917         4,571         184,811         43,074   

Investments in securities, at value1 (Note 2)

     200,582,730         4,362,561         2,458,848         233,955,107         642,615,815   

Investment in affiliates, at value (Note 3)

                             230,746         323,901   

Cash

     5,708         698         558         29,599         47,722   

Foreign currency, at value

     61,387         13,035         4,664         184,956         46,745   

Unrealized appreciation on forward foreign currency contracts

     346,062         206         122         537           

Receivables:

              

Investment securities sold

     28,683,625         87,076         54,638                 161,420   

Dividends and interest

     1,742         24,533         5,839         1,071,634         2,988,568   

Foreign tax reclaims

     376,363         1,827         82         627,283         1,236,414   

Total Assets

     230,057,617         4,489,936         2,524,751         236,099,862         647,420,585   

LIABILITIES:

              

Unrealized depreciation on forward foreign currency contracts

     9,497,256         148,531         77,075         106         427   

Payables:

              

Investment of cash collateral for securities loaned (Note 2)

     897,196         41,257         9,894         5,503,096         24,987,222   

Investment securities purchased

     19,080,648                                 248,227   

Advisory fees (Note 3)

     80,557         1,596         871         111,041         247,388   

Service fees (Note 2)

     738         16         9         844         2,274   

Professional fees (Note 2)

             8                 1,739         3,415   

Total Liabilities

     29,556,395         191,408         87,849         5,616,826         25,488,953   

NET ASSETS

   $ 200,501,222       $ 4,298,528       $ 2,436,902       $ 230,483,036       $ 621,931,632   

NET ASSETS:

              

Paid-in capital

   $ 249,365,919       $ 4,977,502       $ 2,488,157       $ 423,686,359       $ 878,977,219   

Undistributed (Distributions in excess of) net investment income

     2,098,282         (12,363      6,634         661,692         2,250,019   

Accumulated net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions

     (21,897,509      (154,223      37,402         (156,596,542      (251,080,519

Net unrealized depreciation on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     (29,065,470      (512,388      (95,291      (37,268,473      (8,215,087

NET ASSETS

   $ 200,501,222       $ 4,298,528       $ 2,436,902       $ 230,483,036       $ 621,931,632   

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     7,850,000         200,000         100,004         6,000,000         13,550,000   

Net asset value per share

   $ 25.54       $ 21.49       $ 24.37       $ 38.41       $ 45.90   

 

1     Includes market value of securities out on loan of:

   $ 870,057       $ 56,482       $ 89,965       $ 10,899,170       $ 26,990,017   

 

See Notes to Financial Statements.

 

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


Table of Contents

Statements of Assets and Liabilities (continued)

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

March 31, 2016

 

  

 

 

     WisdomTree
International
Hedged
Equity Fund
    WisdomTree
International
Hedged Quality
Dividend
Growth Fund
    WisdomTree
International
Hedged
SmallCap
Dividend Fund
    WisdomTree
International
High
Dividend Fund
    WisdomTree
International
LargeCap
Dividend Fund
 

ASSETS:

         

Investments, at cost

  $ 4,862,503      $ 750,348,852      $      $ 289,373,765      $ 396,499,051   

Investment in affiliates, at cost (Note 3)

                  1,215,760        6,242        927,563   

Foreign currency, at cost

    9,863        488,869        32        46,203          

Investments in securities, at value1 (Note 2)

    4,675,990        752,991,336               260,731,947        373,315,415   

Investment in affiliates, at value (Note 3)

                  1,129,702        6,281        955,246   

Cash

    263        200,136        2,061        12,531        109,109   

Foreign currency, at value

    9,947        494,233        33        47,590          

Unrealized appreciation on forward foreign currency contracts

    212        33,077        72        27          

Receivables:

         

Investment securities sold

    120,401        25,744,365        37,633        157,138          

Dividends and interest

    23,320        3,203,900        354        1,326,168        1,809,039   

Foreign tax reclaims

    1,589        498,002               462,166        762,173   

Total Assets

    4,831,722        783,165,049        1,169,855        262,743,848        376,950,982   

LIABILITIES:

         

Foreign currency due to custodian, at value2

                                97,522   

Unrealized depreciation on forward foreign currency contracts

    165,031        27,052,952        39,073        76        295   

Payables:

         

Investment of cash collateral for securities loaned (Note 2)

    53,752        19,354,354               5,100,091        10,089,231   

Investment securities purchased

           4,347,210               49,649          

Advisory fees (Note 3)

    1,365        356,199               124,557        147,169   

Service fees (Note 2)

    18        2,703        4        946        1,353   

Professional fees (Note 2)

    12        1,700               1,833        2,126   

Total Liabilities

    220,178        51,115,118        39,077        5,277,152        10,337,696   

NET ASSETS

  $ 4,611,544      $ 732,049,931      $ 1,130,778      $ 257,466,696      $ 366,613,286   

NET ASSETS:

         

Paid-in capital

  $ 4,918,660      $ 759,516,085      $ 1,243,756      $ 382,587,236      $ 456,229,135   

Undistributed (Distributions in excess of) net investment income

    11,811        2,804,720        (10,534     798,833        1,253,392   

Accumulated net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions

    31,876        (6,010,655     22,614        (97,298,258     (67,736,153

Net unrealized depreciation on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (350,803     (24,260,219     (125,058     (28,621,115     (23,133,088

NET ASSETS

  $ 4,611,544      $ 732,049,931      $ 1,130,778      $ 257,466,696      $ 366,613,286   

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

    200,000        28,450,000        50,000        6,850,000        8,700,000   

Net asset value per share

  $ 23.06      $ 25.73      $ 22.62      $ 37.59      $ 42.14   

 

1     Includes market value of securities out on loan of:

  $ 73,293      $ 20,016,975             $ 6,611,170      $ 10,575,341   

2    Foreign currency due to custodian, proceeds

                              $ 97,669   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      173   


Table of Contents

Statements of Assets and Liabilities (continued)

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

March 31, 2016

 

  

 

 

     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

  $ 153,575,131      $ 1,146,874,356      $ 3,614,841      $ 11,612,893,647      $ 18,837,915   

Investment in affiliates, at cost (Note 3)

           2,283,255                        

Foreign currency, at cost

    235,597        1,428,750        2,961        13,585,615        9,350   

Investments in securities, at value1 (Note 2)

    165,028,708        1,202,110,581        3,325,734        10,733,173,624        14,539,370   

Investment in affiliates, at value (Note 3)

           2,385,141                        

Cash

    4,067        17,860        1,661        1,056,602        1,853   

Foreign currency, at value

    237,444        1,442,521        2,972        13,592,867        9,449   

Unrealized appreciation on forward foreign currency contracts

                  62        8,111,974        259   

Receivables:

         

Investment securities sold

    599,936        4,009,653               79,888,077          

Capital shares sold

                         6,714,270          

Dividends and interest

    640,354        6,959,308        29,506        97,209,141        185,379   

Foreign tax reclaims

    136,431        531,239               6,786,336          

Total Assets

    166,646,940        1,217,456,303        3,359,935        10,946,532,891        14,736,310   

LIABILITIES:

         

Unrealized depreciation on forward foreign currency contracts

           10,443        9,850        40,080,250        40,879   

Payables:

         

Investment of cash collateral for securities loaned (Note 2)

    12,170,282        112,271,066        192,975        1,073,061,319        1,843,858   

Investment securities purchased

    889,907        4,669,355               6,221,197          

Capital shares redeemed

                         85,801,565          

Advisory fees (Note 3)

    73,238        520,509        1,275        4,197,974        5,282   

Service fees (Note 2)

    557        3,956        12        38,480        48   

Professional fees (Note 2)

    643        4,042                        

Total Liabilities

    13,134,627        117,479,371        204,112        1,209,400,785        1,890,067   

NET ASSETS

  $ 153,512,313      $ 1,099,976,932      $ 3,155,823      $ 9,737,132,106      $ 12,846,243   

NET ASSETS:

         

Paid-in capital

  $ 219,707,466      $ 1,289,720,923      $ 3,696,531      $ 11,934,163,248      $ 19,572,149   

Undistributed net investment income

    559,159        7,079,390        25,729        84,187,911        167,716   

Accumulated net realized loss on investments, forward foreign currency contracts and foreign currency related transactions

    (78,214,477     (252,213,886     (267,777     (1,369,715,060     (2,555,958

Net unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    11,460,165        55,390,505        (298,660     (911,503,993     (4,337,664

NET ASSETS

  $ 153,512,313      $ 1,099,976,932      $ 3,155,823      $ 9,737,132,106      $ 12,846,243   

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

    2,750,000        18,650,000        150,000        222,050,000        650,000   

Net asset value per share

  $ 55.82      $ 58.98      $ 21.04      $ 43.85      $ 19.76   

 

1     Includes market value of securities out on loan of:

  $ 12,557,085      $ 113,130,909      $ 183,040      $ 1,054,641,846      $ 1,772,431   

 

See Notes to Financial Statements.

 

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


Table of Contents

Statements of Assets and Liabilities (continued)

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

March 31, 2016

 

  

 

 

     WisdomTree
Japan Hedged
Health Care
Fund
    WisdomTree
Japan Hedged
Quality Dividend
Growth Fund
    WisdomTree
Japan Hedged
Real Estate
Fund
    WisdomTree
Japan Hedged
SmallCap
Equity Fund
    WisdomTree
Japan Hedged
Tech, Media
and Telecom
Fund
 

ASSETS:

         

Investments, at cost

  $ 20,239,658      $ 17,285,386      $ 148,767,643      $ 108,732,320      $ 2,612,239   

Foreign currency, at cost

    28,646        43,862        59,713        164,603        5,943   

Investments in securities, at value1 (Note 2)

    20,307,383        16,113,357        161,933,611        107,792,607        2,583,586   

Cash

    5,226        211        17,484        20,611        540   

Foreign currency, at value

    28,731        44,053        59,847        165,259        5,968   

Unrealized appreciation on forward foreign currency contracts

    33,333        315        26,922        86,924        47   

Receivables:

         

Dividends and interest

    120,237        138,767        1,062,644        975,419        16,851   

Foreign tax reclaims

           10,891        454        9,237          

Total Assets

    20,494,910        16,307,594        163,100,962        109,050,057        2,606,992   

LIABILITIES:

         

Unrealized depreciation on forward foreign currency contracts

    90,569        49,810        488,559        313,701        7,403   

Payables:

         

Investment of cash collateral for securities loaned (Note 2)

    2,462,432        595,235        11,557,970        18,107,628        239,672   

Advisory fees (Note 3)

    7,605        5,690        60,648        44,582        953   

Service fees (Note 2)

    69        58        556        338        9   

Total Liabilities

    2,560,675        650,793        12,107,733        18,466,249        248,037   

NET ASSETS

  $ 17,934,235      $ 15,656,801      $ 150,993,229      $ 90,583,808      $ 2,358,955   

NET ASSETS:

         

Paid-in capital

  $ 20,170,711      $ 18,532,973      $ 144,727,410      $ 107,206,523      $ 2,649,186   

Undistributed net investment income

    94,245        101,479        1,139,515        969,444        12,959   

Accumulated net realized loss on investments, forward foreign currency contracts and foreign currency related transactions

    (2,342,137     (1,758,306     (7,586,786     (16,433,673     (267,329

Net unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    11,416        (1,219,345     12,713,090        (1,158,486     (35,861

NET ASSETS

  $ 17,934,235      $ 15,656,801      $ 150,993,229      $ 90,583,808      $ 2,358,955   

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

    550,000        700,000        5,850,000        2,900,000        100,000   

Net asset value per share

  $ 32.61      $ 22.37      $ 25.81      $ 31.24      $ 23.59   

 

1     Includes market value of securities out on loan of:

  $ 2,354,002      $ 600,464      $ 11,555,642      $ 17,587,909      $ 230,624   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      175   


Table of Contents

Statements of Assets and Liabilities (concluded)

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

March 31, 2016

 

  

 

 

      WisdomTree
Japan Quality
Dividend
Growth Fund
     WisdomTree
Japan
SmallCap
Dividend Fund
     WisdomTree
Korea Hedged
Equity Fund
     WisdomTree
United
Kingdom
Hedged Equity
Fund
 

ASSETS:

           

Investments, at cost

   $ 2,503,233       $ 461,931,386       $ 18,997,344       $ 32,623,059   

Foreign currency, at cost

     5,281         137,056         4,834         84,523   

Investments in securities, at value1 (Note 2)

     2,330,358         486,642,248         19,444,854         27,745,046   

Cash

     294         270,892         7,091         9,235   

Foreign currency, at value

     5,300         137,252         4,922         84,849   

Unrealized appreciation on forward foreign currency contracts

                     14,782         37,121   

Receivables:

           

Investment securities sold

     25,040                 1,452,357         780,746   

Dividends and interest

     20,209         4,437,750         243,503         239,876   

Foreign tax reclaims

     384         144,475                 177   

Total Assets

     2,381,585         491,632,617         21,167,509         28,897,050   

LIABILITIES:

           

Unrealized depreciation on forward foreign currency contracts

     2                 1,533,043         943,443   

Payables:

           

Investment of cash collateral for securities loaned (Note 2)

     56,861         68,392,118         175,140         38,819   

Investment securities purchased

     27,556                           

Advisory fees (Note 3)

     832         208,155         9,322         11,887   

Service fees (Note 2)

     9         1,580         71         109   

Professional fees (Note 2)

                             693   

Total Liabilities

     85,260         68,601,853         1,717,576         994,951   

NET ASSETS

   $ 2,296,325       $ 423,030,764       $ 19,449,933       $ 27,902,099   

NET ASSETS:

           

Paid-in capital

   $ 2,481,551       $ 429,086,258       $ 21,119,264       $ 33,680,057   

Undistributed (Distributions in excess of) net investment income

     17,020         3,493,019         (17,796      105,641   

Accumulated net realized loss on investments, forward foreign currency contracts and foreign currency related transactions

     (29,594      (34,282,843      (586,283      (100,963

Net unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     (172,652      24,734,330         (1,065,252      (5,782,636

NET ASSETS

   $ 2,296,325       $ 423,030,764       $ 19,449,933       $ 27,902,099   

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     100,000         7,650,000         900,000         1,200,000   

Net asset value per share

   $ 22.96       $ 55.30       $ 21.61       $ 23.25   

 

1     Includes market value of securities out on loan of:

   $ 58,757       $ 68,662,149       $ 166,842       $ 36,208   

 

See Notes to Financial Statements.

 

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


Table of Contents

Statements of Operations

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

For the Year Ended March 31, 2016

 

  

 

 

     WisdomTree
Australia
Dividend Fund
    WisdomTree
Europe Hedged
Equity Fund
    WisdomTree
Europe Hedged
SmallCap
Equity Fund
    WisdomTree
Europe Quality
Dividend
Growth Fund
    WisdomTree
Europe
SmallCap
Dividend Fund
 

INVESTMENT INCOME:

         

Dividends1

  $ 1,442,210      $ 503,623,248      $ 6,449,161      $ 456,823      $ 29,519,431   

Dividends from affiliates (Note 3)

                                93,645   

Securities lending income (Note 2)

    39,692        16,216,552        443,408        9,673        1,333,474   

Total investment income

    1,481,902        519,839,800        6,892,569        466,496        30,946,550   

EXPENSES:

         

Advisory fees (Note 3)

    206,536        108,535,454        1,309,783        99,611        5,660,782   

Service fees (Note 2)

    1,567        823,372        9,936        755        42,944   

Professional fees (Note 2)

                         90        6,215   

Total expenses

    208,103        109,358,826        1,319,719        100,456        5,709,941   

Expense waivers (Note 3)

                                (7,672

Net expenses

    208,103        109,358,826        1,319,719        100,456        5,702,269   

Net investment income

    1,273,799        410,480,974        5,572,850        366,040        25,244,281   

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

         

Net realized gain (loss) from:

         

Investment transactions

    (4,011,011     (939,785,902     (9,157,971     (1,301,322     (39,507,165

Investment transactions in affiliates (Note 3)

                                (118,636

In-kind redemptions

    1,450,567        (34,602,476     1,869,260               4,244,382   

In-kind redemptions in affiliates (Note 3)

                                195   

Forward foreign currency contracts and foreign currency related transactions

    (6,747     218,946,572        (1,529,468     (1,359     (73,720

Net realized loss

    (2,567,191     (755,441,806     (8,818,179     (1,302,681     (35,454,944

Net change in unrealized appreciation (depreciation) from:

         

Investment transactions

    (1,935,489     (1,655,094,587     4,348,686        315,177        53,235,722   

Forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    21,364        (1,203,107,082     (12,690,960     1,982        105,854   

Net change in unrealized appreciation (depreciation)

    (1,914,125     (2,858,201,669     (8,342,274     317,159        53,341,576   

Net realized and unrealized gain (loss) on investments

    (4,481,316     (3,613,643,475     (17,160,453     (985,522     17,886,632   

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

  $ (3,207,517   $ (3,203,162,501   $ (11,587,603   $ (619,482   $ 43,130,913   

 

1     Net of foreign withholding tax of:

  $ 13,707      $ 69,256,381      $ 912,685      $ 50,331      $ 2,807,678   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      177   


Table of Contents

Statements of Operations (continued)

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

For the Year or Period Ended March 31, 2016

 

  

 

 

     WisdomTree
Germany
Hedged Equity
Fund
    WisdomTree
Global ex-U.S.
Hedged
Dividend Fund1
    WisdomTree
Global ex-
U.S. Hedged Real
Estate Fund2
    WisdomTree
International
Dividend
ex-Financials  Fund
    WisdomTree
International
Equity Fund
 

INVESTMENT INCOME:

         

Dividends3

  $ 7,780,296      $ 131,874      $ 31,065      $ 12,843,381      $ 25,268,053   

Dividends from affiliates (Note 3)

                         106,875        173,384   

Interest

           1                        

Securities lending income (Note 2)

    281,351        1,088        1,004        419,542        633,235   

Total investment income

    8,061,647        132,963        32,069        13,369,798        26,074,672   

EXPENSES:

         

Advisory fees (Note 3)

    1,452,851        21,408        5,778        1,695,519        3,168,653   

Service fees (Note 2)

    13,318        214        44        12,862        29,046   

Professional fees (Note 2)

           8               1,739        3,415   

Total expenses

    1,466,169        21,630        5,822        1,710,120        3,201,114   

Expense waivers (Note 3)

                  (1,494     (3,535     (2,846

Net expenses

    1,466,169        21,630        4,328        1,706,585        3,198,268   

Net investment income

    6,595,478        111,333        27,741        11,663,213        22,876,404   

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

         

Net realized gain (loss) from:

         

Investment transactions

    (15,031,600     (365,598     (3,824     (9,706,835     (3,168,116

Investment transactions in affiliates (Note 3)

                         (233,452     (152,482

In-kind redemptions

    (8,639,951     (300,110            (1,467,325     6,526,706   

In-kind redemptions in affiliates (Note 3)

                         6,183        (272

Forward foreign currency contracts and foreign currency related transactions

    (1,306,394     159,550        35,543        (45,571     (81,857

Net realized gain (loss)

    (24,977,945     (506,158     31,719        (11,447,000     3,123,979   

Net change in unrealized appreciation (depreciation) from:

         

Investment transactions

    (24,680,368     (364,661     (18,496     (30,054,342     (84,474,207

Forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (12,698,930     (147,727     (76,795     58,652        91,494   

Net change in unrealized appreciation (depreciation)

    (37,379,298     (512,388     (95,291     (29,995,690     (84,382,713

Net realized and unrealized loss on investments

    (62,357,243     (1,018,546     (63,572     (41,442,690     (81,258,734

NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS

  $ (55,761,765   $ (907,213   $ (35,831   $ (29,779,477   $ (58,382,330

1     For the period June 4, 2015 (commencement of operations) through March 31, 2016.

 

        

       

2     For the period October 29, 2015 (commencement of operations) through March 31, 2016.

        

       

 

3     Net of foreign withholding tax of:

  $ 1,187,140      $ 13,933      $ 3,248      $ 1,172,510      $ 1,902,176   

 

See Notes to Financial Statements.

 

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


Table of Contents

Statements of Operations (continued)

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

For the Year or Period Ended March 31, 2016

 

  

 

 

     WisdomTree
International
Hedged
Equity Fund1
    WisdomTree
International
Hedged Quality
Dividend
Growth Fund
    WisdomTree
International
Hedged
SmallCap
Dividend Fund2
    WisdomTree
International
High Dividend
Fund
    WisdomTree
International
LargeCap
Dividend Fund
 

INVESTMENT INCOME:

         

Dividends3

  $ 82,928      $ 16,480,599      $      $ 13,860,973      $ 14,917,497   

Dividends from affiliates (Note 3)

                  59,989        114,211        58,725   

Securities lending income (Note 2)

    838        251,247        1,679        411,307        310,188   

Total investment income

    83,766        16,731,846        61,668        14,386,491        15,286,410   

EXPENSES:

         

Advisory fees (Note 3)

    9,437        2,913,182        9,832        1,783,677        1,835,591   

Service fees (Note 2)

    120        22,100        75        13,531        16,825   

Professional fees (Note 2)

    12        1,700               1,833        2,126   

Total expenses

    9,569        2,936,982        9,907        1,799,041        1,854,542   

Expense waivers (Note 3)

                  (9,832     (1,413     (2,015

Net expenses

    9,569        2,936,982        75        1,797,628        1,852,527   

Net investment income

    74,197        13,794,864        61,593        12,588,863        13,433,883   

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

         

Net realized gain (loss) from:

         

Investment transactions

    (101,674     (16,484,235            (5,072,454     (2,984,179

Investment transactions in affiliates (Note 3)

                  (10,694     (94,563     (200,659

In-kind redemptions

           2,767,437               3,240,818        769,390   

In-kind redemptions in affiliates (Note 3)

                  (82,473     (845     158   

Forward foreign currency contracts and foreign currency related transactions

    105,667        12,016,996        27,661        (48,412     (65,574

Net realized gain (loss)

    3,993        (1,699,802     (65,506     (1,975,456     (2,480,864

Net change in unrealized appreciation (depreciation) from:

         

Investment transactions

    (186,513     2,369,108        (86,058     (45,584,285     (56,224,230

Forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (164,290     (30,943,195     (39,000     49,311        60,376   

Net change in unrealized appreciation (depreciation)

    (350,803     (28,574,087     (125,058     (45,534,974     (56,163,854

Net realized and unrealized loss on investments

    (346,810     (30,273,889     (190,564     (47,510,430     (58,644,718

NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS

  $ (272,613   $ (16,479,025   $ (128,971   $ (34,921,567   $ (45,210,835

1     For the period July 9, 2015 (commencement of operations) through March 31, 2016.

        

       

 

2     For the period June 4, 2015 (commencement of operations) through March 31, 2016.

        

       

 

3     Net of foreign withholding tax of:

  $ 6,345      $ 1,235,408                    —      $ 1,006,261      $ 1,124,933   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      179   


Table of Contents

Statements of Operations (continued)

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

For the Year Ended March 31, 2016

 

  

 

 

     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
 

INVESTMENT INCOME:

         

Dividends1

  $ 5,177,492      $ 33,883,597      $ 59,620      $ 311,254,732      $ 430,609   

Dividends from affiliates (Note 3)

    11,577        39,092                        

Interest

                         146          

Securities lending income (Note 2)

    210,646        1,558,370        690        2,586,983        6,628   

Total investment income

    5,399,715        35,481,059        60,310        313,841,861        437,237   

EXPENSES:

         

Advisory fees (Note 3)

    897,286        6,039,734        12,855        75,240,202        108,539   

Service fees (Note 2)

    6,807        45,818        118        689,702        995   

Professional fees (Note 2)

    643        4,042                        

Total expenses

    904,736        6,089,594        12,973        75,929,904        109,534   

Expense waivers (Note 3)

    (446     (10,707     (480            (3,476

Net expenses

    904,290        6,078,887        12,493        75,929,904        106,058   

Net investment income

    4,495,425        29,402,172        47,817        237,911,957        331,179   

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

         

Net realized gain (loss) from:

         

Investment transactions

    3,333,082        (18,150,855     (129,565     (552,984,406     (1,010,039

Investment transactions in affiliates (Note 3)

    (35,555     212,179                        

In-kind redemptions

           4,804,267               424,517,254        (2,014,956

In-kind redemptions in affiliates (Note 3)

           3,140                        

Capital gain distributions from affiliates (Note 3)

    7,726                               

Forward foreign currency contracts and foreign currency related transactions

    (26,418     (227,215     (127,778     (740,740,958     (1,644,238

Net realized gain (loss)

    3,278,835        (13,358,484     (257,343     (869,208,110     (4,669,233

Net change in unrealized appreciation (depreciation) from:

         

Investment transactions

    (11,304,986     (1,202,433     (278,717     (1,970,056,076     (4,424,517

Forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    20,041        141,820        (16,114     (68,525,366     (42,953

Net change in unrealized appreciation (depreciation)

    (11,284,945     (1,060,613     (294,831     (2,038,581,442     (4,467,470

Net realized and unrealized loss on investments

    (8,006,110     (14,419,097     (552,174     (2,907,789,552     (9,136,703

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

  $ (3,510,685   $ 14,983,075      $ (504,357   $ (2,669,877,595   $ (8,805,524

 

1     Net of foreign withholding tax of:

  $ 424,651      $ 3,056,397      $ 6,615      $ 34,593,446      $ 47,846   

 

See Notes to Financial Statements.

 

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


Table of Contents

Statements of Operations (continued)

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

For the Year or Period Ended March 31, 2016

 

  

 

 

     WisdomTree
Japan Hedged
Health Care
Fund
    WisdomTree
Japan Hedged
Quality
Dividend
Growth Fund1
    WisdomTree
Japan Hedged
Real Estate
Fund
    WisdomTree
Japan Hedged
SmallCap
Equity Fund
    WisdomTree
Japan Hedged
Tech, Media
and Telecom
Fund
 

INVESTMENT INCOME:

         

Dividends2

  $ 218,025      $ 394,214      $ 1,402,972      $ 2,916,958      $ 51,982   

Securities lending income (Note 2)

    6,646        2,381        22,685        209,243        3,179   

Total investment income

    224,671        396,595        1,425,657        3,126,201        55,161   

EXPENSES:

         

Advisory fees (Note 3)

    60,053        82,170        235,971        1,016,609        18,260   

Service fees (Note 2)

    551        753        2,164        7,712        167   

Total expenses

    60,604        82,923        238,135        1,024,321        18,427   

Expense waivers (Note 3)

    (782     (8,559     (5,442            (763

Net expenses

    59,822        74,364        232,693        1,024,321        17,664   

Net investment income

    164,849        322,231        1,192,964        2,101,880        37,497   

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

         

Net realized gain (loss) from:

         

Investment transactions

    (510,896     (612,616     (1,487,352     (7,470,341     (135,799

In-kind redemptions

    1,231,493        523,120        1,475,694        9,164,794        185,215   

Forward foreign currency contracts and foreign currency related transactions

    (1,871,785     (1,218,578     (5,975,188     (9,982,388     (107,240

Payments by sub-advisor (Note 3)

                         888,000          

Net realized loss

    (1,151,188     (1,308,074     (5,986,846     (7,399,935     (57,824

Net change in unrealized appreciation (depreciation) from:

         

Investment transactions

    (214,559     (1,172,029     13,150,094        (5,036,047     (360,913

Forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (57,315     (47,316     (577,513     (686,773     (21,907

Net change in unrealized appreciation (depreciation)

    (271,874     (1,219,345     12,572,581        (5,722,820     (382,820

Net realized and unrealized gain (loss) on investments

    (1,423,062     (2,527,419     6,585,735        (13,122,755     (440,644

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

  $ (1,258,213   $ (2,205,188   $ 7,778,699      $ (11,020,875   $ (403,147

1     For the period April 9, 2015 (commencement of operations) through March 31, 2016.

        

 

 

 

   

 

 

   

 

 

   

 

 

 

2     Net of foreign withholding tax of:

  $ 24,225      $ 48,202      $ 153,109      $ 322,978      $ 5,776   

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      181   


Table of Contents

Statements of Operations (concluded)

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

For the Year or Period Ended March 31, 2016

 

  

 

 

      WisdomTree
Japan Quality
Dividend
Growth Fund1
     WisdomTree
Japan
SmallCap
Dividend Fund
     WisdomTree
Korea Hedged
Equity Fund
     WisdomTree
United Kingdom
Hedged Equity
Fund
 

INVESTMENT INCOME:

           

Dividends2

   $ 46,719       $ 7,265,083       $ 263,564       $ 1,637,741   

Dividends from affiliates (Note 3)

             24,504                   

Securities lending income (Note 2)

     76         324,959         4,397         6,446   

Total investment income

     46,795         7,614,546         267,961         1,644,187   

EXPENSES:

           

Advisory fees (Note 3)

     9,458         1,975,700         127,925         159,731   

Service fees (Note 2)

     87         14,988         971         1,464   

Professional fees (Note 2)

                             693   

Total expenses

     9,545         1,990,688         128,896         161,888   

Expense waivers (Note 3)

     (985      (1,731                

Net expenses

     8,560         1,988,957         128,896         161,888   

Net investment income

     38,235         5,625,589         139,065         1,482,299   

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

           

Net realized gain (loss) from:

           

Investment transactions

     (29,471      3,903,975         (2,542,347      (2,338,133

Investment transactions in affiliates (Note 3)

             (328,884                

In-kind redemptions

             10,935,697                 338,540   

Capital gain distributions from affiliates (Note 3)

             101,506                   

Forward foreign currency contracts and foreign currency related transactions

     144         (102,438      2,272,953         2,987,638   

Net realized gain (loss)

     (29,327      14,509,856         (269,394      988,045   

Net change in unrealized appreciation (depreciation) from:

           

Investment transactions

     (172,875      (9,251,501      702,677         (2,845,958

Forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     223         64,890         (1,629,373      (1,919,673

Net change in unrealized appreciation (depreciation)

     (172,652      (9,186,611      (926,696      (4,765,631

Net realized and unrealized gain (loss) on investments

     (201,979      5,323,245         (1,196,090      (3,777,586

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

   $ (163,744    $ 10,948,834       $ (1,057,025    $ (2,295,287

1     For the period May 28, 2015 (commencement of operations) through March 31, 2016.

        

        

2     Net of foreign withholding tax of:

   $ 6,697       $ 804,889       $ 46,541       $ 18,391   

 

See Notes to Financial Statements.

 

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


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
Europe Hedged Equity Fund
    WisdomTree
Europe Hedged SmallCap Equity Fund
 
     For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2016
     For the Period
March 4, 2015*
through
March 31, 2015
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

   

          

Net investment income

  $ 1,273,799      $ 2,116,489      $ 410,480,974      $ 87,040,055      $ 5,572,850       $ 361,661   

Net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions

    (2,567,191     2,073,246        (755,441,806     862,968,028        (8,818,179      19,017   

Net change in unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (1,914,125     (8,829,312     (2,858,201,669     746,785,856        (8,342,274      1,326,564   

Net increase (decrease) in net assets resulting from operations

    (3,207,517     (4,639,577     (3,203,162,501     1,696,793,939        (11,587,603      1,707,242   

DIVIDENDS AND DISTRIBUTIONS:

            

Net investment income

    (1,267,826     (1,972,575     (425,372,088     (73,966,189     (9,484,190        

Capital gains

                  (1,222,489,223     (184,744,238     (576,534        

Total dividends and distributions

    (1,267,826     (1,972,575     (1,647,861,311     (258,710,427     (10,060,724        

CAPITAL SHARE TRANSACTIONS:

            

Net proceeds from sale of shares

           5,447,076        6,799,716,305        15,173,767,490        200,035,603         124,121,761   

Cost of shares redeemed

    (10,345,831     (5,334,442     (5,776,224,174     (127,685,798     (36,508,563        

Net increase (decrease) in net assets resulting from capital share transactions

    (10,345,831     112,634        1,023,492,131        15,046,081,692        163,527,040         124,121,761   

Net Increase (Decrease) in Net Assets

    (14,821,174     (6,499,518     (3,827,531,681     16,484,165,204        141,878,713         125,829,003   

NET ASSETS:

            

Beginning of period

  $ 48,638,046      $ 55,137,564      $ 17,544,484,688      $ 1,060,319,484      $ 125,829,103       $ 100   

End of period

  $ 33,816,872      $ 48,638,046      $ 13,716,953,007      $ 17,544,484,688      $ 267,707,816       $ 125,829,103   

Undistributed (Distributions in excess of) net investment income included in net assets at end of period

  $ 126,595      $ 127,605      $ 24,118,619      $ 24,551,126      $ (2,214,679    $ 361,991   

SHARES CREATED AND REDEEMED:

            

Shares outstanding, beginning of period

    900,000        900,000        265,200,000        18,800,000        4,850,004         4   

Shares created

           100,000        104,900,000        248,650,000        7,900,000         4,850,000   

Shares redeemed

    (200,000     (100,000     (106,500,000     (2,250,000     (1,550,004        

Shares outstanding, end of period

    700,000        900,000        263,600,000        265,200,000        11,200,000         4,850,004   
* Commencement of operations.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      183   


Table of Contents

Statements of Changes in Net Assets (continued)

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

 

 

  

 

 

     WisdomTree
Europe Quality Dividend Growth Fund
    WisdomTree
Europe SmallCap Dividend Fund
    WisdomTree
Germany Hedged Equity Fund
 
     For the
Year Ended
March 31, 2016
    For the Period
May 7, 2014*
through
March 31, 2015
    For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

  

       

Net investment income

  $ 366,040      $ 200,687      $ 25,244,281      $ 38,486,170      $ 6,595,478      $ 177,748   

Net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions

    (1,302,681     (223,873     (35,454,944     2,038,267        (24,977,945     3,974,938   

Net change in unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    317,159        (1,073,506     53,341,576        (212,714,789     (37,379,298     7,691,136   

Net increase (decrease) in net assets resulting from operations

    (619,482     (1,096,692     43,130,913        (172,190,352     (55,761,765     11,843,822   

DIVIDENDS AND DISTRIBUTIONS:

  

         

Net investment income

    (346,859     (174,792     (26,876,423     (37,998,494     (8,172,182     (178,439

Capital gains

                                (6,396,889     (1,063,257

Total dividends and distributions

    (346,859     (174,792     (26,876,423     (37,998,494     (14,569,071     (1,241,696

CAPITAL SHARE TRANSACTIONS:

           

Net proceeds from sale of shares

    7,229,470        20,859,822        329,434,397        885,658,937        131,626,801        271,770,808   

Cost of shares redeemed

           (7,997,856     (73,628,506     (1,268,466,721     (152,610,531       

Net increase (decrease) in net assets resulting from capital share transactions

    7,229,470        12,861,966        255,805,891        (382,807,784     (20,983,730     271,770,808   

Net Increase (Decrease) in Net Assets

    6,263,129        11,590,482        272,060,381        (592,996,630     (91,314,566     282,372,934   

NET ASSETS:

           

Beginning of period

  $ 11,590,582      $ 100      $ 853,874,400      $ 1,446,871,030      $ 291,815,788      $ 9,442,854   

End of period

  $ 17,853,711      $ 11,590,582      $ 1,125,934,781      $ 853,874,400      $ 200,501,222      $ 291,815,788   

Undistributed net investment income included in net assets at end of period

  $ 39,608      $ 21,498      $ 4,068,208      $ 4,634,978      $ 2,098,282      $ 45,782   

SHARES CREATED AND REDEEMED:

           

Shares outstanding, beginning of period

    500,000        4        15,350,000        23,250,000        9,300,000        350,000   

Shares created

    300,000        850,000        5,800,000        14,550,000        4,350,000        8,950,000   

Shares redeemed

           (350,004     (1,400,000     (22,450,000     (5,800,000       

Shares outstanding, end of period

    800,000        500,000        19,750,000        15,350,000        7,850,000        9,300,000   
* Commencement of operations.

 

See Notes to Financial Statements.

 

184   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
Global ex-U.S.
Hedged Dividend Fund
    WisdomTree
Global ex-U.S. Hedged
Real Estate  Fund
    WisdomTree
International Dividend
ex-Financials Fund
 
     For the Period
June 4, 2015*
through
March 31, 2016
    For the Period
October 29, 2015*
through
March 31, 2016
    For the
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

  

      

Net investment income

  $ 111,333      $ 27,741      $ 11,663,213       $ 15,653,193   

Net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions

    (506,158     31,719        (11,447,000      24,818,165   

Net change in unrealized depreciation on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (512,388     (95,291     (29,995,690      (73,124,349

Net increase (decrease) in net assets resulting from operations

    (907,213     (35,831     (29,779,477      (32,652,991

DIVIDENDS:

        

Net investment income

    (88,558     (15,424     (11,777,974      (15,437,232

CAPITAL SHARE TRANSACTIONS:

        

Net proceeds from sale of shares

    9,701,882        2,488,057        22,357,782         70,209,452   

Cost of shares redeemed

    (4,407,683            (74,399,815      (47,582,200

Net increase (decrease) in net assets resulting from capital share transactions

    5,294,199        2,488,057        (52,042,033      22,627,252   

Net Increase (Decrease) in Net Assets

    4,298,428        2,436,802        (93,599,484      (25,462,971

NET ASSETS:

        

Beginning of period

  $ 100      $ 100      $ 324,082,520       $ 349,545,491   

End of period

  $ 4,298,528      $ 2,436,902      $ 230,483,036       $ 324,082,520   

Undistributed (Distributions in excess of) net investment income included in net assets at end of period

  $ (12,363   $ 6,634      $ 661,692       $ 799,832   

SHARES CREATED AND REDEEMED:

        

Shares outstanding, beginning of period

    4        4        7,400,000         7,100,000   

Shares created

    400,000        100,000        500,000         1,400,000   

Shares redeemed

    (200,004            (1,900,000      (1,100,000

Shares outstanding, end of period

    200,000        100,004        6,000,000         7,400,000   
* Commencement of operations.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      185   


Table of Contents

Statements of Changes in Net Assets (continued)

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

 

 

  

 

 

      WisdomTree
International Equity Fund
     WisdomTree
International Hedged
Equity Fund
     WisdomTree
International Hedged Quality
Dividend Growth Fund
 
      For the
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
     For the Period
July 9, 2015*
through
March 31, 2016
     For the
Year Ended
March 31, 2016
     For the Period
May 7, 2014*
through
March 31, 2015
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

  

        

Net investment income

   $ 22,876,404       $ 21,501,935       $ 74,197       $ 13,794,864       $ 1,015,552   

Net realized gain (loss) on investments and forward foreign currency contracts and foreign currency related transactions

     3,123,979         (3,579,736      3,993         (1,699,802      1,861,841   

Net change in unrealized appreciation (depreciation) on investments, forward foreign currency contracts, translation of assets and liabilities denominated in foreign currencies

     (84,382,713      (27,203,920      (350,803      (28,574,087      4,313,868   

Net increase (decrease) in net assets resulting from operations

     (58,382,330      (9,281,721      (272,613      (16,479,025      7,191,261   

DIVIDENDS AND DISTRIBUTIONS:

  

           

Net investment income

     (22,674,788      (20,650,247      (34,502      (9,084,135      (341,603

Capital gains

                             (5,684,499      (453,216

Total dividends and distributions

     (22,674,788      (20,650,247      (34,502      (14,768,634      (794,819

CAPITAL SHARE TRANSACTIONS:

              

Net proceeds from sale of shares

     88,509,931         106,576,595         4,918,658         645,025,011         200,056,027   

Cost of shares redeemed

     (31,353,466              (99      (88,179,888      (102

Net increase in net assets resulting from capital share transactions

     57,156,465         106,576,595         4,918,559         556,845,123         200,055,925   

Net Increase (Decrease) in Net Assets

     (23,900,653      76,644,627         4,611,444         525,597,464         206,452,367   

NET ASSETS:

              

Beginning of period

   $ 645,832,285       $ 569,187,658       $ 100       $ 206,452,467       $ 100   

End of period

   $ 621,931,632       $ 645,832,285       $ 4,611,544       $ 732,049,931       $ 206,452,467   

Undistributed net investment income included in net assets at end of period

   $ 2,250,019       $ 2,127,485       $ 11,811       $ 2,804,720       $ 447,698   

SHARES CREATED AND REDEEMED:

              

Shares outstanding, beginning of period

     12,500,000         10,450,000         4         7,650,000         4   

Shares created

     1,700,000         2,050,000         200,000         24,300,000         7,650,000   

Shares redeemed

     (650,000              (4      (3,500,000      (4

Shares outstanding, end of period

     13,550,000         12,500,000         200,000         28,450,000         7,650,000   
* Commencement of operations.

 

See Notes to Financial Statements.

 

186   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 Hedged
SmallCap Dividend Fund
    WisdomTree
International High Dividend Fund
    WisdomTree
International LargeCap Dividend Fund
 
     For the Period
June 4, 2015*
through
March 31, 2016
    For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

  

      

Net investment income

  $ 61,593      $ 12,588,863      $ 13,809,485      $ 13,433,883       $ 12,677,361   

Net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions

    (65,506     (1,975,456     419,457        (2,480,864      (2,025,000

Net change in unrealized depreciation on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (125,058     (45,534,974     (33,653,687     (56,163,854      (20,391,028

Net increase (decrease) in net assets resulting from operations

    (128,971     (34,921,567     (19,424,745     (45,210,835      (9,738,667

DIVIDENDS AND DISTRIBUTIONS:

          

Net investment income

    (46,268     (12,735,562     (13,241,538     (13,065,991      (12,260,118

Capital gains

    (9,658                             

Total dividends and distributions

    (55,926     (12,735,562     (13,241,538     (13,065,991      (12,260,118

CAPITAL SHARE TRANSACTIONS:

          

Net proceeds from sale of shares

    3,608,925        15,673,504        65,533,642        72,019,236         61,995,325   

Cost of shares redeemed

    (2,293,350     (48,169,750            (2,402,150        

Net increase (decrease) in net assets resulting from capital share transactions

    1,315,575        (32,496,246     65,533,642        69,617,086         61,995,325   

Net Increase (Decrease) in Net Assets

    1,130,678        (80,153,375     32,867,359        11,340,260         39,996,540   

NET ASSETS:

          

Beginning of period

  $ 100      $ 337,620,071      $ 304,752,712      $ 355,273,026       $ 315,276,486   

End of period

  $ 1,130,778      $ 257,466,696      $ 337,620,071      $ 366,613,286       $ 355,273,026   

Undistributed (Distributions in excess of) net investment income included in net assets at end of period

  $ (10,534   $ 798,833      $ 1,043,346      $ 1,253,392       $ 945,301   

SHARES CREATED AND REDEEMED:

          

Shares outstanding, beginning of period

    4        7,800,000        6,400,000        7,300,000         6,100,000   

Shares created

    150,000        350,000        1,400,000        1,450,000         1,200,000   

Shares redeemed

    (100,004     (1,300,000            (50,000        

Shares outstanding, end of period

    50,000        6,850,000        7,800,000        8,700,000         7,300,000   
* Commencement of operations.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      187   


Table of Contents

Statements of Changes in Net Assets (continued)

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

 

 

  

 

 

     WisdomTree
International MidCap Dividend Fund
    WisdomTree
International SmallCap Dividend Fund
    WisdomTree
Japan Hedged Capital Goods Fund
 
     For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2016
    For the Period
April 8, 2014*
through
March 31, 2015
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

  

       

Net investment income

  $ 4,495,425      $ 4,474,571      $ 29,402,172      $ 29,220,559      $ 47,817      $ 31,938   

Net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions

    3,278,835        5,935,280        (13,358,484     39,724,242        (257,343     435,751   

Net change in unrealized depreciation on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (11,284,945     (10,092,610     (1,060,613     (130,956,257     (294,831     (3,829

Net increase (decrease) in net assets resulting from operations

    (3,510,685     317,241        14,983,075        (62,011,456     (504,357     463,860   

DIVIDENDS AND DISTRIBUTIONS:

           

Net investment income

    (4,425,194     (4,298,234     (28,273,035     (28,286,347     (36,226     (17,112

Capital gains

                                (80,794     (144,392

Total dividends and distributions

    (4,425,194     (4,298,234     (28,273,035     (28,286,347     (117,020     (161,504

CAPITAL SHARE TRANSACTIONS:

           

Net proceeds from sale of shares

    6,034,375        29,317,147        221,656,200        309,891,793        1,000,497        5,180,742   

Cost of shares redeemed

           (11,004,207     (26,166,852     (225,813,659            (2,706,495

Net increase in net assets resulting from capital share transactions

    6,034,375        18,312,940        195,489,348        84,078,134        1,000,497        2,474,247   

Net Increase (Decrease) in Net Assets

    (1,901,504     14,331,947        182,199,388        (6,219,669     379,120        2,776,603   

NET ASSETS:

           

Beginning of period

  $ 155,413,817      $ 141,081,870      $ 917,777,544      $ 923,997,213      $ 2,776,703      $ 100   

End of period

  $ 153,512,313      $ 155,413,817      $ 1,099,976,932      $ 917,777,544      $ 3,155,823      $ 2,776,703   

Undistributed net investment income included in net assets at end of period

  $ 559,159      $ 539,941      $ 7,709,390      $ 6,109,280      $ 25,729      $ 19,455   

SHARES CREATED AND REDEEMED:

           

Shares outstanding, beginning of period

    2,650,000        2,350,000        15,500,000        14,250,000        100,000        4   

Shares created

    100,000        500,000        3,600,000        4,800,000        50,000        200,000   

Shares redeemed

           (200,000     (450,000     (3,550,000            (100,004

Shares outstanding, end of period

    2,750,000        2,650,000        18,650,000        15,500,000        150,000        100,000   
* Commencement of operations.

 

See Notes to Financial Statements.

 

188   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 Equity Fund
    WisdomTree
Japan Hedged Financials Fund
    WisdomTree
Japan Hedged Health Care Fund
 
     For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2016
    For the Period
April 8, 2014*
through
March 31, 2015
    For the
Year Ended
March 31, 2016
    For the Period
April 8, 2014*
through
March 31, 2015
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

  

       

Net investment income

  $ 237,911,957      $ 207,629,618      $ 331,179      $ 103,633      $ 164,849      $ 24,339   

Net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions

    (869,208,110     1,728,402,048        (4,669,233     995,871        (1,151,188     385,027   

Net change in unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (2,038,581,442     1,094,343,830        (4,467,470     129,806        (271,874     283,290   

Net increase (decrease) in net assets resulting from operations

    (2,669,877,595     3,030,375,496        (8,805,524     1,229,310        (1,258,213     692,656   

DIVIDENDS AND DISTRIBUTIONS:

           

Net investment income

    (230,973,038     (207,539,167     (142,770     (43,420     (72,516     (6,684

Capital gains

    (664,378,176     (1,104,073,317     (43,093     (641,620     (85,560     (194,150

Total dividends and distributions

    (895,351,214     (1,311,612,484     (185,863     (685,040     (158,076     (200,834

CAPITAL SHARE TRANSACTIONS:

           

Net proceeds from sale of shares

    3,667,346,807        5,763,303,856        28,772,026        10,088,110        29,116,174        4,026,460   

Cost of shares redeemed

    (6,171,836,073     (3,117,040,421     (14,820,936     (2,745,940     (12,866,365     (1,417,667

Net increase (decrease) in net assets resulting from capital share transactions

    (2,504,489,266     2,646,263,435        13,951,090        7,342,170        16,249,809        2,608,793   

Net Increase (Decrease) in Net Assets

    (6,069,718,075     4,365,026,447        4,959,703        7,886,440        14,833,520        3,100,615   

NET ASSETS:

           

Beginning of period

  $ 15,806,850,181      $ 11,441,823,734      $ 7,886,540      $ 100      $ 3,100,715      $ 100   

End of period

  $ 9,737,132,106      $ 15,806,850,181      $ 12,846,243      $ 7,886,540      $ 17,934,235      $ 3,100,715   

Undistributed net investment income included in net assets at end of period

  $ 84,187,911      $ 111,129,937      $ 167,716      $ 60,576      $ 94,245      $ 15,669   

SHARES CREATED AND REDEEMED:

           

Shares outstanding, beginning of period

    287,250,000        240,900,000        300,000        4        100,000        4   

Shares created

    64,500,000        110,000,000        1,000,000        400,000        850,000        150,000   

Shares redeemed

    (129,700,000     (63,650,000     (650,000     (100,004     (400,000     (50,004

Shares outstanding, end of period

    222,050,000        287,250,000        650,000        300,000        550,000        100,000   
* Commencement of operations.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      189   


Table of Contents

Statements of Changes in Net Assets (continued)

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

 

 

  

 

 

     WisdomTree
Japan Hedged Quality
Dividend Growth Fund
    WisdomTree
Japan Hedged Real Estate Fund
    WisdomTree
Japan Hedged SmallCap Equity Fund
 
     For the Period
April 9, 2015*
through
March 31, 2016
    For the
Year Ended
March 31, 2016
    For the Period
April 8, 2014*
through
March 31, 2015
    For the
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

  

      

Net investment income

  $ 322,231      $ 1,192,964      $ 331,326      $ 2,101,880       $ 1,337,825   

Net realized gain (loss) on investments, forward foreign currency contracts, foreign currency related transactions and payments by sub-advisor

    (1,308,074     (5,986,846     3,171,447        (7,399,935      14,309,386   

Net change in unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (1,219,345     12,572,581        140,509        (5,722,820      4,954,193   

Net increase (decrease) in net assets resulting from operations

    (2,205,188     7,778,699        3,643,282        (11,020,875      20,601,404   

DIVIDENDS AND DISTRIBUTIONS:

          

Net investment income

    (167,600     (531,873     (236,203     (1,876,401      (1,189,252

Capital gains

           (1,039,401     (1,864,720     (4,667,763      (6,902,460

Total dividends and distributions

    (167,600     (1,571,274     (2,100,923     (6,544,164      (8,091,712

CAPITAL SHARE TRANSACTIONS:

          

Net proceeds from sale of shares

    30,625,387        136,185,687        35,926,393        117,861,175         51,771,606   

Cost of shares redeemed

    (12,595,898     (23,379,300     (5,489,435     (127,474,420      (22,132,969

Net increase (decrease) in net assets resulting from capital share transactions

    18,029,489        112,806,387        30,436,958        (9,613,245      29,638,637   

Net Increase (Decrease) in Net Assets

    15,656,701        119,013,812        31,979,317        (27,178,284      42,148,329   

NET ASSETS:

          

Beginning of period

  $ 100      $ 31,979,417      $ 100      $ 117,762,092       $ 75,613,763   

End of period

  $ 15,656,801      $ 150,993,229      $ 31,979,417      $ 90,583,808       $ 117,762,092   

Undistributed net investment income included in net assets at end of period

  $ 101,479      $ 1,139,515      $ 191,039      $ 969,444       $ 843,781   

SHARES CREATED AND REDEEMED:

          

Shares outstanding, beginning of period

    4        1,150,000        4        3,500,000         2,600,000   

Shares created

    1,200,000        5,600,000        1,350,000        3,400,000         1,600,000   

Shares redeemed

    (500,004     (900,000     (200,004     (4,000,000      (700,000

Shares outstanding, end of period

    700,000        5,850,000        1,150,000        2,900,000         3,500,000   
* Commencement of operations.

 

See Notes to Financial Statements.

 

190   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 Tech,
Media and Telecom Fund
     WisdomTree
Japan Quality
Dividend Growth Fund
     WisdomTree
Japan SmallCap Dividend Fund
 
      For the
Year Ended
March 31, 2016
     For the Period
April 8, 2014*
through
March 31, 2015
     For the Period
May 28, 2015*
through
March 31, 2016
     For the
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

  

        

Net investment income

   $ 37,497       $ 38,008       $ 38,235       $ 5,625,589       $ 4,037,659   

Net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions

     (57,824      585,963         (29,327      14,509,856         5,093,710   

Net change in unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     (382,820      346,959         (172,652      (9,186,611      14,593,693   

Net increase (decrease) in net assets resulting from operations

     (403,147      970,930         (163,744      10,948,834         23,725,062   

DIVIDENDS AND DISTRIBUTIONS:

  

           

Net investment income

     (93,992      (7,800      (21,482      (4,387,792      (4,434,720

Capital gains

     (168,013      (314,270                        

Total dividends and distributions

     (262,005      (322,070      (21,482      (4,387,792      (4,434,720

CAPITAL SHARE TRANSACTIONS:

              

Net proceeds from sale of shares

             5,131,256         2,481,545         190,910,353         23,851,555   

Cost of shares redeemed

     (1,407,639      (1,348,470      (94      (61,091,211      (40,597,337

Net increase (decrease) in net assets resulting from capital share transactions

     (1,407,639      3,782,786         2,481,451         129,819,142         (16,745,782

Net Increase (Decrease) in Net Assets

     (2,072,791      4,431,646         2,296,225         136,380,184         2,544,560   

NET ASSETS:

              

Beginning of period

   $ 4,431,746       $ 100       $ 100       $ 286,650,580       $ 284,106,020   

End of period

   $ 2,358,955       $ 4,431,746       $ 2,296,325       $ 423,030,764       $ 286,650,580   

Undistributed net investment income included in net assets at end of period

   $ 12,959       $ 75,567       $ 17,020       $ 3,493,019       $ 2,130,343   

SHARES CREATED AND REDEEMED:

              

Shares outstanding, beginning of period

     150,000         4         4         5,300,000         5,650,000   

Shares created

             200,000         100,000         3,500,000         450,000   

Shares redeemed

     (50,000      (50,004      (4      (1,150,000      (800,000

Shares outstanding, end of period

     100,000         150,000         100,000         7,650,000         5,300,000   
* Commencement of operations.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      191   


Table of Contents

Statements of Changes in Net Assets (concluded)

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

 

 

  

 

 

     WisdomTree
Korea Hedged Equity Fund
    WisdomTree
United Kingdom Hedged Equity Fund
 
     For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

  

    

Net investment income

  $ 139,065      $ 71,374      $ 1,482,299       $ 825,310   

Net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions

    (269,394     (277,371     988,045         2,035,518   

Net change in unrealized depreciation on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (926,696     (164,333     (4,765,631      (1,860,531

Net increase (decrease) in net assets resulting from operations

    (1,057,025     (370,330     (2,295,287      1,000,297   

DIVIDENDS AND DISTRIBUTIONS:

        

Net investment income

    (52,830     (84,857     (1,234,508      (756,787

Capital gains

                  (435,498        

Total dividends and distributions

    (52,830     (84,857     (1,670,006      (756,787

CAPITAL SHARE TRANSACTIONS:

        

Net proceeds from sale of shares

    13,197,915        11,774,183        11,464,154         17,699,217   

Cost of shares redeemed

    (12,108,242            (8,003,902      (6,125,906

Net increase in net assets resulting from capital share transactions

    1,089,673        11,774,183        3,460,252         11,573,311   

Net Increase (Decrease) in Net Assets

    (20,182     11,318,996        (505,041      11,816,821   

NET ASSETS:

        

Beginning of year

  $ 19,470,115      $ 8,151,119      $ 28,407,140       $ 16,590,319   

End of year

  $ 19,449,933      $ 19,470,115      $ 27,902,099       $ 28,407,140   

Undistributed (Distributions in excess of) net investment income included in net assets at end of period

  $ (17,796   $ 3,082      $ 105,641       $ 119,088   

SHARES CREATED AND REDEEMED:

        

Shares outstanding, beginning of year

    900,000        350,000        1,100,000         650,000   

Shares created

    600,000        550,000        450,000         700,000   

Shares redeemed

    (600,000            (350,000      (250,000

Shares outstanding, end of year

    900,000        900,000        1,200,000         1,100,000   

 

See Notes to Financial Statements.

 

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


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
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
     For the
Period Ended
March 31, 2014
     For the
Period Ended
March 28, 2013
     For the
Year Ended
March 31, 20121
 

Net asset value, beginning of period

   $ 54.04       $ 61.26       $ 64.33       $ 55.87       $ 61.64   

Investment operations:

              

Net investment income2

     1.71         2.37         2.32         2.60         2.87   

Net realized and unrealized gain (loss)

     (5.70      (7.40      (2.81      8.44         (5.48

Total from investment operations

     (3.99      (5.03      (0.49      11.04         (2.61

Dividends to shareholders:

              

Net investment income

     (1.74      (2.19      (2.58      (2.58      (3.16

Net asset value, end of period

   $ 48.31       $ 54.04       $ 61.26       $ 64.33       $ 55.87   

TOTAL RETURN3

     (7.17 )%       (8.30 )%       (0.59 )%       20.49      (3.86 )% 

RATIOS/SUPPLEMENTAL DATA:

              

Net assets, end of period (000’s omitted)

   $ 33,817       $ 48,638       $ 55,138       $ 77,193       $ 61,456   

Ratios to average net assets of:

              

Expenses

     0.58      0.59 %4       0.58 %5       0.58 %5       0.58 %6,7 

Net investment income

     3.58      4.09      3.86 %5       4.71 %5       5.18 %6 

Portfolio turnover rate8

     41      26      27      31      68

 

           
WisdomTree Europe Hedged
Equity Fund
   For the
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
     For the
Period Ended
March 31, 2014
     For the
Period Ended
March 28, 20139
     For the
Year Ended
March 31, 2012
 

Net asset value, beginning of period

   $ 66.16       $ 56.40       $ 49.86       $ 43.93       $ 47.61   

Investment operations:

              

Net investment income2

     1.29         1.14         1.31         0.89         1.73   

Net realized and unrealized gain (loss)

     (10.26      11.83         6.35         5.96         (3.84

Total from investment operations

     (8.97      12.97         7.66         6.85         (2.11

Dividends and distributions to shareholders:

              

Net investment income

     (1.35      (1.19      (1.12      (0.92      (1.57

Capital gains

     (3.80      (2.02                        

Total dividends and distributions to shareholders

     (5.15      (3.21      (1.12      (0.92      (1.57

Net asset value, end of period

   $ 52.04       $ 66.16       $ 56.40       $ 49.86       $ 43.93   

TOTAL RETURN3

     (13.85 )%       24.02      15.73      16.06      (4.41 )% 

RATIOS/SUPPLEMENTAL DATA:

              

Net assets, end of period (000’s omitted)

   $ 13,716,953       $ 17,544,485       $ 1,060,319       $ 164,527       $ 21,963   

Ratios to average net assets of:

              

Expenses, net of expense waivers

     0.58      0.59 %4       0.58 %5       0.58 %5,6       0.58 %6 

Expenses, prior to expense waivers

     0.58      0.59 %4       0.58 %5       0.73 %5,6       1.25 %6 

Net investment income

     2.19      1.91      2.43 %5       2.01 %5,6       3.99 %6 

Portfolio turnover rate8

     29      12      28      43      42
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. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

4 

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been 0.58%.

 

5

Annualized.

 

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 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

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 the portfolio turnover calculation as well.

 

9 

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.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      193   


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 SmallCap Equity Fund    For the
Year Ended
March 31, 2016
     For the Period
March 4, 2015*
through
March 31, 2015
 

Net asset value, beginning of period

   $ 25.94       $ 24.87   

Investment operations:

     

Net investment income1

     0.61         0.13   

Net realized and unrealized gain (loss)

     (1.57      0.94   

Total from investment operations

     (0.96      1.07   

Dividends and distributions to shareholders:

     

Net investment income

     (1.02        

Capital gains

     (0.06        

Total dividends and distributions to shareholders

     (1.08        

Net asset value, end of period

   $ 23.90       $ 25.94   

TOTAL RETURN2

     (3.79 )%       4.30

RATIOS/SUPPLEMENTAL DATA:

     

Net assets, end of period (000’s omitted)

   $ 267,708       $ 125,829   

Ratios to average net assets of:

     

Expenses

     0.58      0.58 %3 

Net investment income

     2.47      6.87 %3 

Portfolio turnover rate4

     39      1

 

     
WisdomTree Europe Quality Dividend Growth Fund    For the
Year Ended
March 31, 2016
     For the Period
May 7, 2014*
through
March 31, 2015
 

Net asset value, beginning of period

   $ 23.18       $ 25.10   

Investment operations:

     

Net investment income1

     0.48         0.37   

Net realized and unrealized loss

     (0.89      (1.96

Total from investment operations

     (0.41      (1.59

Dividends to shareholders:

     

Net investment income

     (0.45      (0.33

Net asset value, end of period

   $ 22.32       $ 23.18   

TOTAL RETURN2

     (1.83 )%       (6.35 )% 

RATIOS/SUPPLEMENTAL DATA:

     

Net assets, end of period (000’s omitted)

   $ 17,854       $ 11,591   

Ratios to average net assets of:

     

Expenses

     0.58 %5       0.58 %3 

Net investment income

     2.13      1.75 %3 

Portfolio turnover rate4

     54      21
* 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 

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 the portfolio turnover calculation as well.

 

5 

Included in the expense ratio are non-recurring professional expenses. Without these expenses, the expense ratio would have been unchanged.

 

See Notes to Financial Statements.

 

194   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 Europe SmallCap Dividend Fund   For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Period Ended
March 31, 2014
    For the
Period Ended
March 28, 2013
    For the
Year Ended
March 31, 2012
 

Net asset value, beginning of period

  $ 55.63      $ 62.23      $ 41.98      $ 38.22      $ 44.44   

Investment operations:

         

Net investment income1

    1.45        1.94        0.73        1.32        1.44   

Net realized and unrealized gain (loss)

    1.49        (7.03     20.90        3.82        (5.74

Total from investment operations

    2.94        (5.09     21.63        5.14        (4.30

Dividends to shareholders:

         

Net investment income

    (1.56     (1.51     (1.38     (1.38     (1.92

Net asset value, end of period

  $ 57.01      $ 55.63      $ 62.23      $ 41.98      $ 38.22   

TOTAL RETURN2

    5.25     (8.26 )%      53.06     14.33     (9.80 )% 

RATIOS/SUPPLEMENTAL DATA:

         

Net assets, end of period (000’s omitted)

  $ 1,125,935      $ 853,874      $ 1,446,871      $ 60,874      $ 28,668   

Ratios to average net assets3 of:

         

Expenses, net of expense waivers

    0.58 %4      0.59 %5      0.58 %6      0.58 %6      0.58

Expenses, prior to expense waivers

    0.59 %4      0.59 %5      0.58 %6      0.58 %6      0.58

Net investment income

    2.59     3.40     1.29 %6      3.52 %6      3.79

Portfolio turnover rate7

    50     42     24     48     58

 

       
WisdomTree Germany Hedged Equity Fund    For the
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
     For the Period
October 17, 2013*
through
March 31, 2014
 

Net asset value, beginning of period

   $ 31.38       $ 26.98       $ 25.01   

Investment operations:

        

Net investment income (loss)1

     0.60         0.16         (0.00 )8 

Net realized and unrealized gain (loss)

     (5.05      5.90         1.97   

Total from investment operations

     (4.45      6.06         1.97   

Dividends and distributions to shareholders:

        

Net investment income

     (0.73      (0.41        

Capital gains

     (0.66      (1.25        

Total dividends and distributions to shareholders

     (1.39      (1.66        

Net asset value, end of period

   $ 25.54       $ 31.38       $ 26.98   

TOTAL RETURN2

     (14.44 )%       23.70      7.88

RATIOS/SUPPLEMENTAL DATA:

        

Net assets, end of period (000’s omitted)

   $ 200,501       $ 291,816       $ 9,443   

Ratios to average net assets of:

        

Expenses

     0.48      0.49 %9       0.48 %6 

Net investment income (loss)

     2.18      0.55      (0.00 )%6,10 

Portfolio turnover rate7

     38      11      4
* 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. For the periods in which the investment advisor waived advisory fees for the WisdomTree Europe SmallCap Dividend Fund, the total return would have been lower if certain expenses had not been waived (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 professional expenses. Without these 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%.

 

5 

Included in the expense ratio are proxy expenses. 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%.

 

6 

Annualized.

 

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 the portfolio turnover calculation as well.

 

8 

Amount represents less than $0.005.

 

9 

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been 0.48%.

 

10 

Amount represents less than 0.005%.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      195   


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 Global ex-U.S. Hedged Dividend Fund    For the Period
June 4, 2015*
through
March 31, 2016
 

Net asset value, beginning of period

   $ 24.76   

Investment operations:

  

Net investment income1

     0.42   

Net realized and unrealized loss

     (3.39

Total from investment operations

     (2.97

Dividends to shareholders:

  

Net investment income

     (0.30

Net asset value, end of period

   $ 21.49   

TOTAL RETURN2

     (12.02 )% 

RATIOS/SUPPLEMENTAL DATA:

  

Net assets, end of period (000’s omitted)

   $ 4,299   

Ratios to average net assets of:

  

Expenses

     0.44 %3,4 

Net investment income

     2.29 %3 

Portfolio turnover rate5

     61

 

WisdomTree Global ex-U.S. Hedged Real Estate Fund    For the Period
October 29, 2015*
through
March 31, 2016
 

Net asset value, beginning of period

   $ 24.79   

Investment operations:

  

Net investment income1

     0.28   

Net realized and unrealized loss

     (0.55

Total from investment operations

     (0.27

Dividends to shareholders:

  

Net investment income

     (0.15

Net asset value, end of period

   $ 24.37   

TOTAL RETURN2

     (1.06 )% 

RATIOS/SUPPLEMENTAL DATA:

  

Net assets, end of period (000’s omitted)

   $ 2,437   

Ratios to average net assets of:

  

Expenses, net of expense waivers

     0.43 %3 

Expenses, prior to expense waivers

     0.58 %3 

Net investment income

     2.78 %3 

Portfolio turnover rate5

     4
* 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. For the periods in which the investment advisor waived advisory fees for the WisdomTree Global ex-U.S. Hedged Real Estate Fund, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

Annualized.

 

4 

Included in the expense ratio are non-recurring professional expenses. Without these expenses, the expense ratio would have been unchanged.

 

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 the portfolio turnover calculation as well.

 

See Notes to Financial Statements.

 

196   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 Dividend
ex-Financials Fund
  For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Period Ended
March 31, 2014
    For the
Period Ended
March 28, 2013
    For the
Year Ended
March 31, 2012
 

Net asset value, beginning of period

  $ 43.79      $ 49.23      $ 42.13      $ 41.64      $ 46.85   

Investment operations:

         

Net investment income1

    1.64        2.00        2.06        1.82        1.74   

Net realized and unrealized gain (loss)

    (5.41     (5.53     7.11        0.45        (5.11

Total from investment operations

    (3.77     (3.53     9.17        2.27        (3.37

Dividends to shareholders:

         

Net investment income

    (1.61     (1.91     (2.07     (1.78     (1.84

Net asset value, end of period

  $ 38.41      $ 43.79      $ 49.23      $ 42.13      $ 41.64   

TOTAL RETURN2

    (8.83 )%      (7.41 )%      22.58     5.98     (7.24 )% 

RATIOS/SUPPLEMENTAL DATA:

         

Net assets, end of period (000’s omitted)

  $ 230,483      $ 324,083      $ 349,545      $ 349,681      $ 355,992   

Ratios to average net assets3 of:

         

Expenses8

    0.58 %4      0.59 %5      0.58 %6      0.58 %6      0.58

Net investment income

    3.99     4.23     4.54 %6      4.58 %6      4.20

Portfolio turnover rate7

    40     44     36     50     28

 

           
WisdomTree International Equity Fund   For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Period Ended
March 31, 2014
    For the
Period Ended
March 28, 2013
    For the
Year Ended
March 31, 2012
 

Net asset value, beginning of period

  $ 51.67      $ 54.47      $ 47.77      $ 44.53      $ 49.51   

Investment operations:

         

Net investment income1

    1.68        1.92        2.27        1.63        1.90   

Net realized and unrealized gain (loss)

    (5.79     (2.86     6.72        3.22        (4.99

Total from investment operations

    (4.11     (0.94     8.99        4.85        (3.09

Dividends to shareholders:

         

Net investment income

    (1.66     (1.86     (2.29     (1.61     (1.89

Net asset value, end of period

  $ 45.90      $ 51.67      $ 54.47      $ 47.77      $ 44.53   

TOTAL RETURN2

    (8.15 )%      (1.83 )%      19.43     11.42     (6.18 )% 

RATIOS/SUPPLEMENTAL DATA:

         

Net assets, end of period (000’s omitted)

  $ 621,932      $ 645,832      $ 569,188      $ 458,607      $ 385,202   

Ratios to average net assets3 of:

         

Expenses8

    0.48 %4      0.49 %9      0.48 %6      0.48 %6      0.48

Net investment income

    3.47     3.63     4.41 %6      3.75 %6      4.22

Portfolio turnover rate7

    13     19     21     20     27
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. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

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 professional expenses. Without these expenses, the expense ratio would have been unchanged.

 

5 

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been 0.58%.

 

6 

Annualized.

 

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 the portfolio turnover calculation as well.

 

8 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

9 

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been 0.48%.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      197   


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 Equity Fund    For the Period
July 9, 2015*
through
March 31, 2016
 

Net asset value, beginning of period

   $ 25.02   

Investment operations:

  

Net investment income1

     0.47   

Net realized and unrealized loss

     (2.26

Total from investment operations

     (1.79

Dividends to shareholders:

  

Net investment income

     (0.17

Net asset value, end of period

   $ 23.06   

TOTAL RETURN2

     (7.16 )% 

RATIOS/SUPPLEMENTAL DATA:

  

Net assets, end of period (000’s omitted)

   $ 4,612   

Ratios to average net assets of:

  

Expenses

     0.35 %3,4 

Net investment income

     2.75 %3 

Portfolio turnover rate5

     12

 

     
WisdomTree International Hedged Quality Dividend Growth Fund    For the
Year Ended
March 31, 2016
     For the Period
May 7, 2014*
through
March 31, 2015
 

Net asset value, beginning of period

   $ 26.99       $ 24.90   

Investment operations:

     

Net investment income1

     0.71         0.90   

Net realized and unrealized gain (loss)

     (1.17      2.18   

Total from investment operations

     (0.46      3.08   

Dividends and distributions to shareholders:

     

Net investment income

     (0.55      (0.23

Capital gains

     (0.25      (0.76

Total dividends and distributions to shareholders

     (0.80      (0.99

Net asset value, end of period

   $ 25.73       $ 26.99   

TOTAL RETURN2

     (1.73 )%       12.78

RATIOS/SUPPLEMENTAL DATA:

     

Net assets, end of period (000’s omitted)

   $ 732,050       $ 206,452   

Ratios to average net assets of:

     

Expenses

     0.58 %4       0.58 %3 

Net investment income

     2.75      3.89 %3 

Portfolio turnover rate5

     48      14
* 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 professional expenses. Without these expenses, the expense ratio would have been unchanged.

 

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 the portfolio turnover calculation as well.

 

See Notes to Financial Statements.

 

198   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 Hedged SmallCap Dividend Fund    For the Period
June 4, 2015*
through
March 31, 2016
 

Net asset value, beginning of period

   $ 24.72   

Investment operations:

  

Net investment income1

     0.69   

Net realized and unrealized loss

     (2.09

Total from investment operations

     (1.40

Dividends and distributions to shareholders:

  

Net investment income

     (0.51

Capital gains

     (0.19

Total dividends and distributions to shareholders

     (0.70

Net asset value, end of period

   $ 22.62   

TOTAL RETURN2

     (5.66 )% 

RATIOS/SUPPLEMENTAL DATA:

  

Net assets, end of period (000’s omitted)

   $ 1,131   

Ratios to average net assets3 of:

  

Expenses, net of expense waivers

     0.00 %4,5 

Expenses, prior to expense waivers

     0.58 %5 

Net investment income

     3.63 %5 

Portfolio turnover rate6

     7

 

           
WisdomTree International High
Dividend Fund
   For the
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
     For the
Period Ended
March 31, 2014
     For the
Period Ended
March 28, 2013
     For the
Year Ended
March 31, 2012
 

Net asset value, beginning of period

   $ 43.28       $ 47.62       $ 41.39       $ 38.64       $ 43.82   

Investment operations:

              

Net investment income1

     1.65         1.94         2.57         1.74         1.90   

Net realized and unrealized gain (loss)

     (5.70      (4.41      6.14         2.70         (5.17

Total from investment operations

     (4.05      (2.47      8.71         4.44         (3.27

Dividends to shareholders:

              

Net investment income

     (1.64      (1.87      (2.48      (1.69      (1.91

Net asset value, end of period

   $ 37.59       $ 43.28       $ 47.62       $ 41.39       $ 38.64   

TOTAL RETURN2

     (9.60 )%       (5.41 )%       21.82      12.08      (7.45 )% 

RATIOS/SUPPLEMENTAL DATA:

              

Net assets, end of period (000’s omitted)

   $ 257,467       $ 337,620       $ 304,753       $ 209,010       $ 175,809   

Ratios to average net assets3 of:

              

Expenses9

     0.58 %7       0.59 %8       0.58 %5       0.58 %5       0.58

Net investment income

     4.09      4.24      5.71 %5       4.58 %5       4.84

Portfolio turnover rate6

     21      20      26      31      32
* 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. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

4 

Amount represents less than 0.005%.

 

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 the portfolio turnover calculation as well.

 

7 

Included in the expense ratio are non-recurring professional expenses. Without these expenses, the expense ratio would have been unchanged.

 

8

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been 0.58%.

 

9 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      199   


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
LargeCap Dividend Fund
   For the
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
     For the
Period Ended
March 31, 2014
     For the
Period Ended
March 28, 2013
     For the
Year Ended
March 31, 2012
 

Net asset value, beginning of period

   $ 48.67       $ 51.68       $ 45.77       $ 42.89       $ 47.68   

Investment operations:

              

Net investment income1

     1.59         1.88         2.35         1.59         1.86   

Net realized and unrealized gain (loss)

     (6.58      (3.09      5.79         2.84         (4.75

Total from investment operations

     (4.99      (1.21      8.14         4.43         (2.89

Dividends to shareholders:

              

Net investment income

     (1.54      (1.80      (2.23      (1.55      (1.90

Net asset value, end of period

   $ 42.14       $ 48.67       $ 51.68       $ 45.77       $ 42.89   

TOTAL RETURN2

     (10.49 )%       (2.47 )%       18.35      10.80      (6.02 )% 

RATIOS/SUPPLEMENTAL DATA:

              

Net assets, end of period (000’s omitted)

   $ 366,613       $ 355,273       $ 315,276       $ 210,541       $ 167,253   

Ratios to average net assets3 of:

              

Expenses8

     0.48 %4       0.49 %5       0.48 %6       0.48 %6       0.48

Net investment income

     3.51      3.72      4.77 %6       3.77 %6       4.34

Portfolio turnover rate7

     19      12      15      19      23

 

           
WisdomTree International MidCap
Dividend Fund
   For the
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
     For the
Period Ended
March 31, 2014
     For the
Period Ended
March 28, 2013
     For the
Year Ended
March 31, 2012
 

Net asset value, beginning of period

   $ 58.65       $ 60.03       $ 51.77       $ 48.10       $ 53.80   

Investment operations:

              

Net investment income1

     1.64         1.81         1.83         1.51         1.79   

Net realized and unrealized gain (loss)

     (2.85      (1.45      8.31         3.68         (5.69

Total from investment operations

     (1.21      0.36         10.14         5.19         (3.90

Dividends to shareholders:

              

Net investment income

     (1.62      (1.74      (1.88      (1.52      (1.80

Net asset value, end of period

   $ 55.82       $ 58.65       $ 60.03       $ 51.77       $ 48.10   

TOTAL RETURN2

     (2.12 )%       0.57      20.22      11.32      (7.21 )% 

RATIOS/SUPPLEMENTAL DATA:

              

Net assets, end of period (000’s omitted)

   $ 153,512       $ 155,414       $ 141,082       $ 119,069       $ 105,823   

Ratios to average net assets3 of:

              

Expenses8

     0.58 %4       0.59 %9       0.58 %6       0.58 %6       0.58

Net investment income

     2.91      3.09      3.27 %6       3.23 %6       3.69

Portfolio turnover rate7

     24      29      22      38      47
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. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

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 professional expenses. Without these expenses, the expense ratio would have been unchanged.

 

5 

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been 0.48%.

 

6 

Annualized.

 

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 the portfolio turnover calculation as well.

 

8

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

9

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been 0.58%.

 

See Notes to Financial Statements.

 

200   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 SmallCap
Dividend Fund
  For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Period Ended
March 31, 2014
    For the
Period Ended
March 28, 2013
    For the
Year Ended
March 31, 2012
 

Net asset value, beginning of period

  $ 59.21      $ 64.84      $ 55.38      $ 49.33      $ 53.15   

Investment operations:

         

Net investment income1

    1.64        1.91        1.91        1.82        1.77   

Net realized and unrealized gain (loss)

    (0.31     (5.67     9.97        6.09        (3.66

Total from investment operations

    1.33        (3.76     11.88        7.91        (1.89

Dividends to shareholders:

         

Net investment income

    (1.56     (1.87     (2.42     (1.86     (1.93

Net asset value, end of period

  $ 58.98      $ 59.21      $ 64.84      $ 55.38      $ 49.33   

TOTAL RETURN2

    2.26     (5.87 )%      22.26     16.78     (3.41 )% 

RATIOS/SUPPLEMENTAL DATA:

         

Net assets, end of period (000’s omitted)

  $ 1,099,977      $ 917,778      $ 923,997      $ 562,133      $ 424,264   

Ratios to average net assets3 of:

         

Expenses4

    0.58 %5      0.59 %6      0.58 %7      0.58 %7      0.58

Net investment income

    2.82     3.16     3.20 %7      3.76 %7      3.65

Portfolio turnover rate8

    48     25     42     56     52

 

     
WisdomTree Japan Hedged Capital Goods Fund   For the
Year Ended
March 31, 2016
    For the Period
April 8, 2014*
through
March 31, 2015
 

Net asset value, beginning of period

  $ 27.77      $ 24.11   

Investment operations:

   

Net investment income1

    0.45        0.38   

Net realized and unrealized gain (loss)

    (6.01     6.51   

Total from investment operations

    (5.56     6.89   

Dividends and distributions to shareholders:

   

Net investment income

    (0.36     (0.34

Capital gains

    (0.81     (2.89

Total dividends and distributions to shareholders

    (1.17     (3.23

Net asset value, end of period

  $ 21.04      $ 27.77   

TOTAL RETURN2

    (20.72 )%      29.47

RATIOS/SUPPLEMENTAL DATA:

   

Net assets, end of period (000’s omitted)

  $ 3,156      $ 2,777   

Ratios to average net assets of:

   

Expenses, net of expense waivers

    0.47 %9      0.43 %7 

Expenses, prior to expense waivers

    0.48     0.48 %7 

Net investment income

    1.79     1.47 %7 

Portfolio turnover rate8

    13     35
* 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. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

4 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

5

Included in the expense ratio are non-recurring professional expenses. Without these expenses, the expense ratio would have been unchanged.

 

6 

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been 0.58%.

 

7 

Annualized.

 

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 the portfolio turnover calculation as well.

 

9 

During the period, the investment advisor had contractually agreed to limit the advisory fee to 0.43% through July 31, 2015. On July 31, 2015, the contractual waiver expired and was not renewed.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      201   


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 Equity
Fund
   For the
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
     For the
Period Ended
March 31, 2014
     For the
Period Ended
March 28, 2013
     For the
Year Ended
March 31, 2012
 

Net asset value, beginning of period

   $ 55.03       $ 47.50       $ 42.95       $ 36.66       $ 36.94   

Investment operations:

              

Net investment income1

     0.80         0.91         0.88         1.54         0.81   

Net realized and unrealized gain (loss)

     (9.00      12.34         4.91         5.30         (0.34

Total from investment operations

     (8.20      13.25         5.79         6.84         0.47   

Dividends and distributions to shareholders:

              

Net investment income

     (0.76      (0.94      (0.62      (0.55      (0.75

Capital gains

     (2.22      (4.78      (0.62                

Total dividends and distributions to shareholders

     (2.98      (5.72      (1.24      (0.55      (0.75

Net asset value, end of period

   $ 43.85       $ 55.03       $ 47.50       $ 42.95       $ 36.66   

TOTAL RETURN2

     (15.64 )%       29.30      13.48      19.12      1.46

RATIOS/SUPPLEMENTAL DATA:

              

Net assets, end of period (000’s omitted)

   $ 9,737,132       $ 15,806,850       $ 11,441,824       $ 5,632,633       $ 606,707   

Ratios to average net assets of:

              

Expenses

     0.48      0.49 %3       0.48 %4       0.48 %4       0.48

Net investment income

     1.52      1.81      1.84 %4       4.22 %4       2.41

Portfolio turnover rate5

     27      31      24      36      41

 

     
WisdomTree Japan Hedged Financials Fund    For the
Year Ended
March 31, 2016
     For the Period
April 8, 2014*
through
March 31, 2015
 

Net asset value, beginning of period

   $ 26.29       $ 23.83   

Investment operations:

     

Net investment income1

     0.39         0.45   

Net realized and unrealized gain (loss)

     (6.72      5.44   

Total from investment operations

     (6.33      5.89   

Dividends and distributions to shareholders:

     

Net investment income

     (0.15      (0.22

Capital gains

     (0.05      (3.21

Total dividends and distributions to shareholders

     (0.20      (3.43

Net asset value, end of period

   $ 19.76       $ 26.29   

TOTAL RETURN2

     (24.30 )%       25.94

RATIOS/SUPPLEMENTAL DATA:

     

Net assets, end of period (000’s omitted)

   $ 12,846       $ 7,887   

Ratios to average net assets of:

     

Expenses, net of expense waivers

     0.47 %6       0.43 %4 

Expenses, prior to expense waivers

     0.48      0.48 %4 

Net investment income

     1.46      1.80 %4 

Portfolio turnover rate5

     21      29
* 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. For the periods in which the investment advisor waived advisory fees for the WisdomTree Japan Hedged Financials Fund, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been 0.48%.

 

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 the portfolio turnover calculation as well.

 

6 

During the period, the investment advisor had contractually agreed to limit the advisory fee to 0.43% through July 31, 2015. On July 31, 2015, the contractual waiver expired and was not renewed.

 

See Notes to Financial Statements.

 

202   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 Health Care Fund    For the
Year Ended
March 31, 2016
     For the Period
April 8, 2014*
through
March 31, 2015
 

Net asset value, beginning of period

   $ 31.01       $ 24.20   

Investment operations:

     

Net investment income1

     0.43         0.32   

Net realized and unrealized gain

     1.49         10.50   

Total from investment operations

     1.92         10.82   

Dividends and distributions to shareholders:

     

Net investment income

     (0.18      (0.13

Capital gains

     (0.14      (3.88

Total dividends and distributions to shareholders

     (0.32      (4.01

Net asset value, end of period

   $ 32.61       $ 31.01   

TOTAL RETURN2

     6.16      48.27

RATIOS/SUPPLEMENTAL DATA:

     

Net assets, end of period (000’s omitted)

   $ 17,934       $ 3,101   

Ratios to average net assets of:

     

Expenses, net of expense waivers

     0.48 %5       0.43 %3 

Expenses, prior to expense waivers

     0.48      0.48 %3 

Net investment income

     1.32      1.24 %3 

Portfolio turnover rate4

     25      29

 

   
WisdomTree Japan Hedged Quality Dividend Growth Fund    For the Period
April 9, 2015*
through
March 31, 2016
 

Net asset value, beginning of period

   $ 25.59   

Investment operations:

  

Net investment income1

     0.45   

Net realized and unrealized loss

     (3.43

Total from investment operations

     (2.98

Dividends to shareholders:

  

Net investment income

     (0.24

Net asset value, end of period

   $ 22.37   

TOTAL RETURN2

     (11.73 )% 

RATIOS/SUPPLEMENTAL DATA:

  

Net assets, end of period (000’s omitted)

   $ 15,657   

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

     1.88 %3 

Portfolio turnover rate4

     40
* 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. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

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 the portfolio turnover calculation as well.

 

5 

During the period, the investment advisor had contractually agreed to limit the advisory fee to 0.43% through July 31, 2015. On July 31, 2015, the contractual waiver expired and was not renewed.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      203   


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
Year Ended
March 31, 2016
     For the Period
April 8, 2014*
through
March 31, 2015
 

Net asset value, beginning of period

   $ 27.81       $ 24.32   

Investment operations:

     

Net investment income1

     0.63         0.42   

Net realized and unrealized gain (loss)

     (1.21      4.98   

Total from investment operations

     (0.58      5.40   

Dividends and distributions to shareholders:

     

Net investment income

     (0.48      (0.21

Capital gains

     (0.94      (1.70

Total dividends and distributions to shareholders

     (1.42      (1.91

Net asset value, end of period

   $ 25.81       $ 27.81   

TOTAL RETURN2

     (2.21 )%       22.59

RATIOS/SUPPLEMENTAL DATA:

     

Net assets, end of period (000’s omitted)

   $ 150,993       $ 31,979   

Ratios to average net assets of:

     

Expenses, net of expense waivers

     0.47 %7       0.43 %3 

Expenses, prior to expense waivers

     0.48      0.48 %3 

Net investment income

     2.43      1.59 %3 

Portfolio turnover rate4

     14      20

 

       
WisdomTree Japan Hedged SmallCap Equity Fund    For the
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
     For the Period
June 28, 2013*
through
March 31, 2014
 

Net asset value, beginning of period

   $ 33.65       $ 29.08       $ 26.17   

Investment operations:

        

Net investment income1

     0.41         0.47         0.59   

Net realized and unrealized gain (loss)

     (1.59      6.74         2.38   

Total from investment operations

     (1.18      7.21         2.97   

Dividends and distributions to shareholders:

        

Net investment income

     (0.35      (0.41      (0.06

Capital gains

     (0.88      (2.23        

Total dividends and distributions to shareholders

     (1.23      (2.64      (0.06

Net asset value, end of period

   $ 31.24       $ 33.65       $ 29.08   

TOTAL RETURN2

     (3.83 )%5       25.86      11.37

RATIOS/SUPPLEMENTAL DATA:

        

Net assets, end of period (000’s omitted)

   $ 90,584       $ 117,762       $ 75,614   

Ratios to average net assets of:

        

Expenses

     0.58      0.59 %6       0.58 %3 

Net investment income

     1.20      1.52      2.75 %3 

Portfolio turnover rate4

     45      41      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. For the periods in which the investment advisor waived advisory fees for the WisdomTree Japan Hedged Real Estate Fund, the total return would have been lower if certain expenses had not been waived (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 the portfolio turnover calculation as well.

 

5 

Includes a voluntary reimbursement from the sub-adviser for investment losses on certain foreign exchange transactions during the period. Excluding this voluntary reimbursement, total return would have been 0.95% lower.

 

6 

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been 0.58%.

 

7 

During the period, the investment advisor had contractually agreed to limit the advisory fee to 0.43% through July 31, 2015. On July 31, 2015, the contractual waiver expired and was not renewed.

 

See Notes to Financial Statements.

 

204   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
Year Ended
March 31, 2016
     For the Period
April 8, 2014*
through
March 31, 2015
 

Net asset value, beginning of period

   $ 29.54       $ 24.02   

Investment operations:

     

Net investment income1

     0.28         0.31   

Net realized and unrealized gain (loss)

     (3.85      7.36   

Total from investment operations

     (3.57      7.67   

Dividends and distributions to shareholders:

     

Net investment income

     (0.70      (0.05

Capital gains

     (1.68      (2.10

Total dividends and distributions to shareholders

     (2.38      (2.15

Net asset value, end of period

   $ 23.59       $ 29.54   

TOTAL RETURN2

     (12.99 )%       32.83

RATIOS/SUPPLEMENTAL DATA:

     

Net assets, end of period (000’s omitted)

   $ 2,359       $ 4,432   

Ratios to average net assets of:

     

Expenses, net of expense waivers

     0.46 %5       0.43 %3 

Expenses, prior to expense waivers

     0.48      0.48 %3 

Net investment income

     0.99      1.18 %3 

Portfolio turnover rate4

     20      28

 

   
WisdomTree Japan Quality Dividend Growth Fund    For the Period
May 28, 2015*
through
March 31, 2016
 

Net asset value, beginning of period

   $ 24.67   

Investment operations:

  

Net investment income1

     0.38   

Net realized and unrealized loss

     (1.88

Total from investment operations

     (1.50

Dividends to shareholders:

  

Net investment income

     (0.21

Net asset value, end of period

   $ 22.96   

TOTAL RETURN2

     (6.07 )% 

RATIOS/SUPPLEMENTAL DATA:

  

Net assets, end of period (000’s omitted)

   $ 2,296   

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

     1.94 %3 

Portfolio turnover rate4

     34
* 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. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

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 the portfolio turnover calculation as well.

 

5 

During the period, the investment advisor had contractually agreed to limit the advisory fee to 0.43% through July 31, 2015. On July 31, 2015, the contractual waiver expired and was not renewed.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      205   


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 SmallCap Dividend Fund   For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Period Ended
March 31, 2014
    For the
Period Ended
March 28, 2013
    For the
Year Ended
March 31, 2012
 

Net asset value, beginning of period

  $ 54.09      $ 50.28      $ 48.84      $ 45.45      $ 43.25   

Investment operations:

         

Net investment income1

    0.91        0.71        0.72        0.78        0.68   

Net realized and unrealized gain

    1.00        3.89        1.84        3.58        2.42   

Total from investment operations

    1.91        4.60        2.56        4.36        3.10   

Dividends to shareholders:

         

Net investment income

    (0.70     (0.79     (1.12     (0.97     (0.90

Net asset value, end of period

  $ 55.30      $ 54.09      $ 50.28      $ 48.84      $ 45.45   

TOTAL RETURN2

    3.51     9.26     5.41     9.97     7.36

RATIOS/SUPPLEMENTAL DATA:

         

Net assets, end of period (000’s omitted)

  $ 423,031      $ 286,651      $ 284,106      $ 192,914      $ 193,172   

Ratios to average net assets3 of:

         

Expenses4

    0.58     0.59 %5      0.58 %6      0.58 %6      0.58

Net investment income

    1.65     1.40     1.44 %6      1.84 %6      1.58

Portfolio turnover rate7

    29     36     21     41     36

 

       
WisdomTree Korea Hedged Equity Fund    For the
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
    For the Period
November 7, 2013*
through
March 31, 2014
 

Net asset value, beginning of period

   $ 21.63       $ 23.29      $ 25.01   

Investment operations:

       

Net investment income1

     0.13         0.15        0.06   

Net realized and unrealized loss

     (0.10      (1.64     (1.55

Total from investment operations

     0.03         (1.49     (1.49

Dividends to shareholders:

       

Net investment income

     (0.05      (0.17     (0.23

Net asset value, end of period

   $ 21.61       $ 21.63      $ 23.29   

TOTAL RETURN2

     0.17      (6.41 )%      (5.97 )% 

RATIOS/SUPPLEMENTAL DATA:

       

Net assets, end of period (000’s omitted)

   $ 19,450       $ 19,470      $ 8,151   

Ratios to average net assets of:

       

Expenses

     0.58      0.59 %5      0.58 %6 

Net investment income

     0.63      0.70     0.64 %6 

Portfolio turnover rate7

     106      84     37
* 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. For the periods in which the investment advisor waived advisory fees for the WisdomTree Japan SmallCap Dividend Fund, the total return would have been lower if certain expenses had not been waived (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 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

5 

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been 0.58%.

 

6 

Annualized.

 

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 the portfolio turnover calculation as well.

 

See Notes to Financial Statements.

 

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


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 United Kingdom Hedged Equity Fund    For the
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
     For the Period
June 28, 2013*
through
March 31, 2014
 

Net asset value, beginning of period

   $ 25.82       $ 25.52       $ 24.99   

Investment operations:

        

Net investment income1

     1.08         0.97         1.40   

Net realized and unrealized gain (loss)

     (2.42      0.23         0.91   

Total from investment operations

     (1.34      1.20         2.31   

Dividends and distributions to shareholders:

        

Net investment income

     (0.92      (0.90      (1.78

Capital gains

     (0.31                

Total dividends and distributions to shareholders

     (1.23      (0.90      0.00   

Net asset value, end of period

   $ 23.25       $ 25.82       $ 25.52   

TOTAL RETURN2

     (5.15 )%       4.71      9.36

RATIOS/SUPPLEMENTAL DATA:

        

Net assets, end of period (000’s omitted)

   $ 27,902       $ 28,407       $ 16,590   

Ratios to average net assets of:

        

Expenses

     0.49 %3       0.49 %4       0.48 %5 

Net investment income

     4.45      3.75      6.98 %5 

Portfolio turnover rate6

     30      20      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 

Included in the expense ratio are non-recurring professional expenses. Without these expenses, the expense ratio would have been 0.48%.

 

4 

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been 0.48%.

 

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 the portfolio turnover calculation as well.

 

See Notes to Financial Statements.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      207   


Table of Contents

Notes to Financial Statements

 

1. ORGANIZATION

WisdomTree Trust (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Trust was established as a Delaware statutory trust on December 15, 2005. As of March 31, 2016, the Trust offered 91 investment funds (each a “Fund”, collectively, the “Funds”). In accordance with Accounting Standard Update (“ASU”) 2013-08, Financial Services-Investment Companies, each Fund listed below 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 Europe Hedged Equity Fund (“Europe Hedged Equity Fund” and also referred to herein as “Currency Hedged Equity Fund”)

     December 31, 2009   

WisdomTree Europe Hedged SmallCap Equity Fund (“Europe Hedged SmallCap Equity Fund” and also referred to herein as “Currency Hedged Equity Fund”)

     March 4, 2015   

WisdomTree Europe Quality Dividend Growth Fund (“Europe Quality Dividend Growth Fund”)
(formerly, WisdomTree Europe Dividend Growth Fund)

     May 7, 2014   

WisdomTree Europe SmallCap Dividend Fund (“Europe SmallCap Dividend Fund”)

     June 16, 2006   

WisdomTree Germany Hedged Equity Fund (“Germany Hedged Equity Fund” and also referred to herein as “Currency Hedged Equity Fund”)

     October 17, 2013   

WisdomTree Global ex-U.S. Hedged Dividend Fund (“Global ex-U.S. Hedged Dividend Fund” and also referred to herein as “Currency Hedged Equity Fund”)

     June 4, 2015   

WisdomTree Global ex-U.S. Hedged Real Estate Fund (“Global ex-U.S. Hedged Real Estate Fund” and also referred to herein as “Currency Hedged Equity Fund”)

     October 29, 2015   

WisdomTree International Dividend ex-Financials Fund (“International Dividend ex-Financials Fund”)

     June 16, 2006   

WisdomTree International Equity Fund (“International Equity Fund”) (formerly, WisdomTree DEFA Fund)

     June 16, 2006   

WisdomTree International Hedged Equity Fund (“International Hedged Equity Fund” and also referred to herein as “Currency Hedged Equity Fund”)

     July 9, 2015   

WisdomTree International Hedged Quality Dividend Growth Fund (“International Hedged Quality Dividend Growth Fund” and also referred to herein as “Currency Hedged Equity Fund”) (formerly, WisdomTree International Hedged Dividend Growth Fund)

     May 7, 2014   

WisdomTree International Hedged SmallCap Dividend Fund (“International Hedged SmallCap Dividend Fund” and also referred to herein as “Currency Hedged Equity Fund”)

     June 4, 2015   

WisdomTree International High Dividend Fund (“International High Dividend Fund”) (formerly, WisdomTree DEFA Equity Income Fund)

     June 16, 2006   

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” and also referred to herein as “Currency Hedged Equity Fund”)

     April 8, 2014   

WisdomTree Japan Hedged Equity Fund (“Japan Hedged Equity Fund” and also referred to herein as “Currency Hedged Equity Fund”)

     June 16, 2006   

WisdomTree Japan Hedged Financials Fund (“Japan Hedged Financials Fund” and also referred to herein as “Currency Hedged Equity Fund”)

     April 8, 2014   

WisdomTree Japan Hedged Health Care Fund (“Japan Hedged Health Care Fund” and also referred to herein as “Currency Hedged Equity Fund”)

     April 8, 2014   

WisdomTree Japan Hedged Quality Dividend Growth Fund (“Japan Hedged Quality Dividend Growth Fund” and also referred to herein as “Currency Hedged Equity Fund”) (formerly, WisdomTree Japan Hedged Dividend Growth Fund)

     April 9, 2015   

WisdomTree Japan Hedged Real Estate Fund (“Japan Hedged Real Estate Fund” and also referred to herein as “Currency Hedged Equity Fund”)

     April 8, 2014   

WisdomTree Japan Hedged SmallCap Equity Fund (“Japan Hedged SmallCap Equity Fund” and also referred to herein as “Currency Hedged Equity Fund”)

     June 28, 2013   

WisdomTree Japan Hedged Tech, Media and Telecom Fund (“Japan Hedged Tech, Media and Telecom Fund” and also referred to herein as “Currency Hedged Equity Fund”)

     April 8, 2014   

WisdomTree Japan Quality Dividend Growth Fund (“Japan Quality Dividend Growth Fund”)
(formerly, WisdomTree Japan Dividend Growth Fund)

     May 28, 2015   

WisdomTree Japan SmallCap Dividend Fund (“Japan SmallCap Dividend Fund”)

     June 16, 2006   

WisdomTree Korea Hedged Equity Fund (“Korea Hedged Equity Fund” and also referred to herein as “Currency Hedged Equity Fund”)

     November 7, 2013   

WisdomTree United Kingdom Hedged Equity Fund (“United Kingdom Hedged Equity Fund” and also referred to herein as “Currency 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.

 

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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 a Fund is open for business as of the regularly scheduled close of regular trading on the New York Stock Exchange, normally 4:00 p.m. Eastern time (the “NAV Calculation Time”). NAV per share is calculated by dividing a Fund’s net assets by the number of Fund shares outstanding. Each Fund issues and redeems shares at NAV only in large blocks of shares known as creation units, which only certain institutions 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 in the secondary market through brokers. Because Fund shares trade at market prices rather than NAV, shares may trade at a price greater than NAV or less than NAV. In calculating each Fund’s NAV, investments are valued under policies approved by the Board of Trustees. 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. Each Fund may invest in money market funds which are valued at their NAV per share and affiliated exchange-traded funds (“ETFs” or “ETF”) which are valued at their last sale or official closing price on the exchange on which they are principally traded or at their NAV per share in instances where the affiliated ETF has not traded on its principal exchange. Fixed income securities (including short-term debt securities with remaining maturities of 60 days or less) generally are valued at current market quotations or mean prices obtained from broker-dealers or independent pricing service providers. Broker-dealers or independent pricing service providers, in determining the value of securities may consider such factors as recent transactions, indications from broker-dealers yields and quoted prices on similar securities, and market sentiment for the type of security. 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 Global ex-U.S. Hedged Dividend Growth Fund, Global ex-U.S. Hedged Real Estate Fund and Korea Hedged Equity Fund, which values forward foreign currency contracts daily using WM/Reuters 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, which include derivatives, 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). 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

 

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Notes to Financial Statements (continued)

 

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. 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, 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 March 31, 2016 in valuing each Fund’s assets:

 

Australia Dividend Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 33,560,660       $       $   

Rights

             8,846           

Investment of Cash Collateral for Securities Loaned

             1,647,113           

Total

   $ 33,560,660       $ 1,655,959       $   

 

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Europe Hedged Equity Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 13,785,147,906       $       $   

Investment of Cash Collateral for Securities Loaned

             291,263,715           

Total

   $ 13,785,147,906       $ 291,263,715       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             26,469,670           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (672,918,232        

Total - Net

   $ 13,785,147,906       $ (355,184,847    $   

 

Europe Hedged SmallCap Equity Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 268,080,816       $       $   

Investment of Cash Collateral for Securities Loaned

             19,074,318           

Total

   $ 268,080,816       $ 19,074,318       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             8,437           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (12,176,615        

Total - Net

   $ 268,080,816       $ 6,906,140       $   

 

Europe Quality Dividend Growth Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 17,788,896       $       $   

Investment of Cash Collateral for Securities Loaned

             238,241           

Total

   $ 17,788,896       $ 238,241       $   

 

Europe SmallCap Dividend Fund    Level 1      Level 2      Level 3  

Common Stocks

                          

Spain

   $ 31,589,389       $       $ 0 ** 

Other*

     1,087,476,102                   

Exchange-Traded Fund

     2,908,723                   

Investment of Cash Collateral for Securities Loaned

             52,561,886           

Total

   $ 1,121,974,214       $ 52,561,886       $ 0   

Unrealized Appreciation on Forward Foreign Currency Contracts

             1,240           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (384        

Total - Net

   $ 1,121,974,214       $ 52,562,742       $ 0   

 

Germany Hedged Equity Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 199,685,534       $       $   

Investment of Cash Collateral for Securities Loaned

             897,196           

Total

   $ 199,685,534       $ 897,196       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             346,062           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (9,497,256        

Total - Net

   $ 199,685,534       $ (8,253,998    $   

 

Global ex-U.S. Hedged Dividend Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 4,254,558       $       $   

Exchange-Traded Note

     66,746                   

Investment of Cash Collateral for Securities Loaned

             41,257           

Total

   $ 4,321,304       $ 41,257       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             206           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (148,531        

Total - Net

   $ 4,321,304       $ (107,068    $   

 

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Global ex-U.S. Hedged Real Estate Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 2,448,452       $       $   

Exchange-Traded Note

     502                   

Investment of Cash Collateral for Securities Loaned

             9,894           

Total

   $ 2,448,954       $ 9,894       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             122           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (77,075        

Total - Net

   $ 2,448,954       $ (67,059    $   

 

International Dividend ex-Financials Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 228,452,011       $       $   

Exchange-Traded Fund

     230,746                   

Investment of Cash Collateral for Securities Loaned

             5,503,096           

Total

   $ 228,682,757       $ 5,503,096       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             537           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (106        

Total - Net

   $ 228,682,757       $ 5,503,527       $   

 

International Equity Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 617,628,593       $       $   

Exchange-Traded Fund

     323,901                   

Investment of Cash Collateral for Securities Loaned

             24,987,222           

Total

   $ 617,952,494       $ 24,987,222       $   

Unrealized Depreciation on Forward Foreign Currency Contracts

             (427        

Total - Net

   $ 617,952,494       $ 24,986,795       $   

 

International Hedged Equity Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 4,622,200       $       $   

Rights

             38           

Investment of Cash Collateral for Securities Loaned

             53,752           

Total

   $ 4,622,200       $ 53,790       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             212           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (165,031        

Total - Net

   $ 4,622,200       $ (111,029    $   

 

International Hedged Quality Dividend Growth Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 733,636,982       $       $   

Investment of Cash Collateral for Securities Loaned

             19,354,354           

Total

   $ 733,636,982       $ 19,354,354       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             33,077           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (27,052,952        

Total - Net

   $ 733,636,982       $ (7,665,521    $   

 

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International Hedged SmallCap Dividend Fund    Level 1      Level 2      Level 3  

Exchange-Traded Fund

   $ 1,129,702       $       $   

Total

   $ 1,129,702       $       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             72           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (39,073        

Total - Net

   $ 1,129,702       $ (39,001    $   

 

International High Dividend Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 255,631,856       $       $   

Exchange-Traded Fund

     6,281                   

Investment of Cash Collateral for Securities Loaned

             5,100,091           

Total

   $ 255,638,137       $ 5,100,091       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             27           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (76        

Total - Net

   $ 255,638,137       $ 5,100,042       $   

 

International LargeCap Dividend Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 363,226,184       $       $   

Exchange-Traded Fund

     955,246                   

Investment of Cash Collateral for Securities Loaned

             10,089,231           

Total

   $ 364,181,430       $ 10,089,231       $   

Unrealized Depreciation on Forward Foreign Currency Contracts

             (295        

Total - Net

   $ 364,181,430       $ 10,088,936       $   

 

International MidCap Dividend Fund    Level 1      Level 2      Level 3  

Common Stocks

                          

Japan

   $ 31,594,542       $ 204,791       $   

Other*

     121,059,093                   

Investment of Cash Collateral for Securities Loaned

             12,170,282           

Total

   $ 152,653,635       $ 12,375,073       $   

 

International SmallCap Dividend Fund    Level 1      Level 2      Level 3  

Common Stocks

                          

Australia

   $ 123,026,562       $       $ 1 ** 

Japan

     291,758,374         1,605,169           

Spain

     8,832,097                 0 ** 

Other*

     664,505,542                   

Rights*

             111,770           

Exchange-Traded Funds

     2,385,141                   

Investment of Cash Collateral for Securities Loaned

             112,271,066           

Total

   $ 1,090,507,716       $ 113,988,005       $ 1   

Unrealized Depreciation on Forward Foreign Currency Contracts

             (10,443        

Total - Net

   $ 1,090,507,716       $ 113,977,562       $ 1   

 

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Japan Hedged Capital Goods Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 3,132,759       $       $   

Investment of Cash Collateral for Securities Loaned

             192,975           

Total

   $ 3,132,759       $ 192,975       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             62           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (9,850        

Total - Net

   $ 3,132,759       $ 183,187       $   

 

Japan Hedged Equity Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 9,660,112,305       $       $   

Investment of Cash Collateral for Securities Loaned

             1,073,061,319           

Total

   $ 9,660,112,305       $ 1,073,061,319       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             8,111,974           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (40,080,250        

Total - Net

   $ 9,660,112,305       $ 1,041,093,043       $   

 

Japan Hedged Financials Fund    Level 1      Level 2      Level 3  

Common Stocks

                          

Banks

   $ 7,023,804       $ 238,204       $   

Other*

     5,433,504                   

Investment of Cash Collateral for Securities Loaned

             1,843,858           

Total

   $ 12,457,308       $ 2,082,062       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             259           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (40,879        

Total - Net

   $ 12,457,308       $ 2,041,442       $   

 

Japan Hedged Health Care Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 17,844,951       $       $   

Investment of Cash Collateral for Securities Loaned

             2,462,432           

Total

   $ 17,844,951       $ 2,462,432       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             33,333           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (90,569        

Total - Net

   $ 17,844,951       $ 2,405,196       $   

 

Japan Hedged Quality Dividend Growth Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 15,518,122       $       $   

Investment of Cash Collateral for Securities Loaned

             595,235           

Total

   $ 15,518,122       $ 595,235       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             315           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (49,810        

Total - Net

   $ 15,518,122       $ 545,740       $   

 

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Japan Hedged Real Estate Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 150,375,641       $       $   

Investment of Cash Collateral for Securities Loaned

             11,557,970           

Total

   $ 150,375,641       $ 11,557,970       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             26,922           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (488,559        

Total - Net

   $ 150,375,641       $ 11,096,333       $   

 

Japan Hedged SmallCap Equity Fund    Level 1      Level 2      Level 3  

Common Stocks

                          

Banks

   $ 4,983,289       $ 96,020       $   

Food Products

     3,431,432         183,602           

Other*

     80,990,636                   

Investment of Cash Collateral for Securities Loaned

             18,107,628           

Total

   $ 89,405,357       $ 18,387,250       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             86,924           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (313,701        

Total - Net

   $ 89,405,357       $ 18,160,473       $   

 

Japan Hedged Tech, Media and Telecom Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 2,343,914       $       $   

Investment of Cash Collateral for Securities Loaned

             239,672           

Total

   $ 2,343,914       $ 239,672       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             47           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (7,403        

Total - Net

   $ 2,343,914       $ 232,316       $   

 

Japan Quality Dividend Growth Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 2,273,497       $       $   

Investment of Cash Collateral for Securities Loaned

             56,861           

Total

   $ 2,273,497       $ 56,861       $   

Unrealized Depreciation on Forward Foreign Currency Contracts

             (2        

Total - Net

   $ 2,273,497       $ 56,859       $   

 

Japan SmallCap Dividend Fund    Level 1      Level 2      Level 3  

Common Stocks

                          

Banks

   $ 23,357,599       $ 507,181       $   

Other*

     394,385,350                   

Investment of Cash Collateral for Securities Loaned

             68,392,118           

Total

   $ 417,742,949       $ 68,899,299       $   

 

Korea Hedged Equity Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 19,269,714       $       $   

Investment of Cash Collateral for Securities Loaned

             175,140           

Total

   $ 19,269,714       $ 175,140       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             14,782           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (1,533,043        

Total - Net

   $ 19,269,714       $ (1,343,121    $   

 

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Table of Contents

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United Kingdom Hedged Equity Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 27,706,227       $       $   

Investment of Cash Collateral for Securities Loaned

             38,819           

Total

   $ 27,706,227       $ 38,819       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             37,121           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (943,443        

Total - Net

   $ 27,706,227       $ (867,503    $   
  * Please refer to the Schedule of Investments for a breakdown of the valuation by industry type and country.
  ** Security is being fair valued by the Pricing Committee.

The following is a summary of transfers between fair value measurement levels that occurred during fiscal year ended March 31, 2016. The Funds have elected to use the beginning of period method for transfers between fair value measurement levels.

 

      Transfers from
Level 1 to Level 21
     Transfers from
Level 2 to Level 12
 

International MidCap Dividend Fund

   $ 252,424       $   

International SmallCap Dividend Fund

     1,635,672         972,986   

Japan Hedged Financials Fund

     145,878           

Japan Hedged SmallCap Equity Fund

     433,971           

Japan SmallCap Dividend Fund

     548,443           
  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 as of March 31, 2016.

  2

Transfers from Level 2 to Level 1 are as a result of the availability of a quoted price in an active market for identical investments as of March 31, 2016.

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 during the year or period ended March 31, 2016 which are detailed in each Fund’s schedule of investments. All of the derivative instruments disclosed and described herein are subject to risk. Risks may arise upon entering into forward foreign currency contracts from potential inability of a counterparty to meet the terms of their contracts and from unanticipated movements in the value of the foreign currencies relative to the U.S. dollar or each other. 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 March 31, 2016 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 on pages 223 through 225. At March 31, 2016, 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.

As of March 31, 2016, the effects of such derivative instruments on each Fund’s financial position as reflected in the Statements of Assets and Liabilities are presented in the summary below:

 

      Asset Derivatives      Liability Derivatives  
Fund    Balance Sheet Location    Value      Balance Sheet Location    Value  

Europe Hedged Equity Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts    $ 26,469,670       Unrealized depreciation on forward foreign currency contracts    $ 672,918,232   

Europe Hedged SmallCap Equity Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      8,437       Unrealized depreciation on forward foreign currency contracts      12,176,615   

Europe SmallCap Dividend Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      1,240       Unrealized depreciation on forward foreign currency contracts      384   

Germany Hedged Equity Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      346,062       Unrealized depreciation on forward foreign currency contracts      9,497,256   

Global ex-U.S. Hedged Dividend Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      206       Unrealized depreciation on forward foreign currency contracts      148,531   

 

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Notes to Financial Statements (continued)

 

      Asset Derivatives      Liability Derivatives  
Fund    Balance Sheet Location    Value      Balance Sheet Location    Value  

Global ex-U.S. Hedged Real Estate Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts    $ 122       Unrealized depreciation on forward foreign currency contracts    $ 77,075   

International Dividend ex-Financials Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      537       Unrealized depreciation on forward foreign currency contracts      106   

International Equity Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts            Unrealized depreciation on forward foreign currency contracts      427   

International Hedged Equity Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      212       Unrealized depreciation on forward foreign currency contracts      165,031   

International Hedged Quality Dividend Growth Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      33,077       Unrealized depreciation on forward foreign currency contracts      27,052,952   

International Hedged SmallCap Dividend Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      72       Unrealized depreciation on forward foreign currency contracts      39,073   

International High Dividend Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      27       Unrealized depreciation on forward foreign currency contracts      76   

International LargeCap Dividend Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts            Unrealized depreciation on forward foreign currency contracts      295   

International SmallCap Dividend Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts            Unrealized depreciation on forward foreign currency contracts      10,443   

Japan Hedged Capital Goods Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      62       Unrealized depreciation on forward foreign currency contracts      9,850   

Japan Hedged Equity Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      8,111,974       Unrealized depreciation on forward foreign currency contracts      40,080,250   

Japan Hedged Financials Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      259       Unrealized depreciation on forward foreign currency contracts      40,879   

Japan Hedged Health Care Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      33,333       Unrealized depreciation on forward foreign currency contracts      90,569   

Japan Hedged Quality Dividend Growth Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      315       Unrealized depreciation on forward foreign currency contracts      49,810   

Japan Hedged Real Estate Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      26,922       Unrealized depreciation on forward foreign currency contracts      488,559   

Japan Hedged SmallCap Equity Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      86,924       Unrealized depreciation on forward foreign currency contracts      313,701   

Japan Hedged Tech, Media and Telecom Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      47       Unrealized depreciation on forward foreign currency contracts      7,403   

Japan Quality Dividend Growth Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts            Unrealized depreciation on forward foreign currency contracts      2   

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      217   


Table of Contents

Notes to Financial Statements (continued)

 

      Asset Derivatives      Liability Derivatives  
Fund    Balance Sheet Location    Value      Balance Sheet Location    Value  

Korea Hedged Equity Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts    $ 14,782       Unrealized depreciation on forward foreign currency contracts    $ 1,533,043   

United Kingdom Hedged Equity Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      37,121       Unrealized depreciation on forward foreign currency contracts      943,443   

For the fiscal year or period ended March 31, 2016, 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

   $ 5,544       $   

Europe Hedged Equity Fund

     

Foreign exchange contracts

     257,042,609         (1,203,691,996

Europe Hedged SmallCap Equity Fund

     

Foreign exchange contracts

     (1,207,875      (12,720,268

Europe Quality Dividend Growth Fund

     

Foreign exchange contracts

     (4,286      (2

Europe SmallCap Dividend Fund

     

Foreign exchange contracts

     802,639         950   

Germany Hedged Equity Fund

     

Foreign exchange contracts

     (737,188      (12,710,368

Global ex-U.S. Hedged Dividend Fund3

     

Foreign exchange contracts

     164,152         (148,325

Global ex-U.S. Hedged Real Estate Fund4

     

Foreign exchange contracts

     35,312         (76,953

International Dividend ex-Financials Fund

     

Foreign exchange contracts

     (77,807      556   

International Equity Fund

     

Foreign exchange contracts

     (28,718      (9,246

International Hedged Equity Fund5

     

Foreign exchange contracts

     106,336         (164,819

International Hedged Quality Dividend Growth Fund

     

Foreign exchange contracts

     12,191,240         (31,062,982

International Hedged SmallCap Dividend Fund3

     

Foreign exchange contracts

     27,660         (39,001

International High Dividend Fund

     

Foreign exchange contracts

     121,852         (4,825

International LargeCap Dividend Fund

     

Foreign exchange contracts

     (85,266      534   

International MidCap Dividend Fund

     

Foreign exchange contracts

     27,687         33   

International SmallCap Dividend Fund

     

Foreign exchange contracts

     19,833         (18,502

Japan Hedged Capital Goods Fund

     

Foreign exchange contracts

     (127,873      (16,499

Japan Hedged Equity Fund

     

Foreign exchange contracts

     (743,237,005      (70,531,594

Japan Hedged Financials Fund

     

Foreign exchange contracts

     (1,643,858      (44,952

Japan Hedged Health Care Fund

     

Foreign exchange contracts

     (1,869,049      (58,379

 

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Notes to Financial Statements (continued)

 

Fund    Amount of Realized
Gain or (Loss) on Derivatives
Recognized1
     Change in Unrealized
Appreciation or (Depreciation) on
Derivatives Recognized2
 

Japan Hedged Quality Dividend Growth Fund6

     

Foreign exchange contracts

   $ (1,211,036    $ (49,495

Japan Hedged Real Estate Fund

     

Foreign exchange contracts

     (5,904,427      (588,455

Japan Hedged SmallCap Equity Fund

     

Foreign exchange contracts

     (9,979,737      (703,264

Japan Hedged Tech, Media and Telecom Fund

     

Foreign exchange contracts

     (107,090      (22,169

Japan Quality Dividend Growth Fund7

     

Foreign exchange contracts

     (61      (2

Japan SmallCap Dividend Fund

     

Foreign exchange contracts

     19,294         312   

Korea Hedged Equity Fund

     

Foreign exchange contracts

     2,285,218         (1,636,219

United Kingdom Hedged Equity Fund

     

Foreign exchange contracts

     3,038,614         (1,922,325

 

  1 

Realized gains (losses) on derivatives are located on the Statements 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 Statements of Operations as follows:

 

Foreign exchange contracts

   Net change in unrealized appreciation (depreciation) from forward foreign
currency contracts and translation of assets and liabilities denominated in
foreign currencies

 

  3 

For the period June 4, 2015 (commencement of operations) through March 31, 2016.

 

  4 

For the period October 29, 2015 (commencement of operations) through March 31, 2016.

 

  5 

For the period July 9, 2015 (commencement of operations) through March 31, 2016.

 

  6 

For the period April 9, 2015 (commencement of operations) through March 31, 2016.

 

  7 

For the period May 28, 2015 (commencement of operations) through March 31, 2016.

During the fiscal year or period ended March 31, 2016, 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

   $       $ 5,804   

Europe Hedged Equity Fund

  

Foreign exchange contracts

     19,265,221,194         37,613,172,911   

Europe Hedged SmallCap Equity Fund

  

Foreign exchange contracts

     232,096,347         452,621,112   

Europe Quality Dividend Growth Fund

  

Foreign exchange contracts

     443         3,435   

Europe SmallCap Dividend Fund

  

Foreign exchange contracts

     318,321         393,639   

Germany Hedged Equity Fund

  

Foreign exchange contracts

     315,344,380         611,735,992   

Global ex-U.S. Hedged Dividend Fund1

  

Foreign exchange contracts

     4,990,754         9,557,414   

Global ex-U.S. Hedged Real Estate Fund2

  

Foreign exchange contracts

     1,100,034         2,184,999   

International Dividend ex-Financials Fund

  

Foreign exchange contracts

     3,952         115,993   

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      219   


Table of Contents

Notes to Financial Statements (continued)

 

      Average Notional  
Fund    Forward foreign
currency contracts
(to deliver)
     Forward foreign
currency contracts
(to receive)
 

International Equity Fund

  

Foreign exchange contracts

   $ 78,069       $ 443,961   

International Hedged Equity Fund3

  

Foreign exchange contracts

     3,854,667         7,633,957   

International Hedged Quality Dividend Growth Fund

  

Foreign exchange contracts

     507,050,498         1,006,016,821   

International Hedged SmallCap Dividend Fund1

  

Foreign exchange contracts

     1,979,011         3,722,259   

International High Dividend Fund

  

Foreign exchange contracts

     170,679         254,784   

International LargeCap Dividend Fund

  

Foreign exchange contracts

     67,440         149,777   

International MidCap Dividend Fund

  

Foreign exchange contracts

     42,902         74,019   

International SmallCap Dividend Fund

  

Foreign exchange contracts

     346,013         589,495   

Japan Hedged Capital Goods Fund

  

Foreign exchange contracts

     2,756,446         5,461,719   

Japan Hedged Equity Fund

  

Foreign exchange contracts

     16,220,211,162         31,568,433,393   

Japan Hedged Financials Fund

  

Foreign exchange contracts

     23,863,378         45,916,007   

Japan Hedged Health Care Fund

  

Foreign exchange contracts

     13,380,761         25,711,661   

Japan Hedged Quality Dividend Growth Fund4

  

Foreign exchange contracts

     19,042,907         36,805,912   

Japan Hedged Real Estate Fund

  

Foreign exchange contracts

     56,908,443         111,474,843   

Japan Hedged SmallCap Equity Fund

  

Foreign exchange contracts

     166,406,351         349,906,380   

Japan Hedged Tech, Media and Telecom Fund

  

Foreign exchange contracts

     3,913,495         7,677,515   

Japan Quality Dividend Growth Fund5

  

Foreign exchange contracts

             411   

Japan SmallCap Dividend Fund

  

Foreign exchange contracts

             83,548   

Korea Hedged Equity Fund

  

Foreign exchange contracts

     21,865,685         45,833,061   

United Kingdom Hedged Equity Fund

  

Foreign exchange contracts

     33,885,147         67,000,296   

 

  1 

For the period June 4, 2015 (commencement of operations) through March 31, 2016.

 

  2 

For the period October 29, 2015 (commencement of operations) through March 31, 2016.

 

  3 

For the period July 9, 2015 (commencement of operations) through March 31, 2016.

 

  4 

For the period April 9, 2015 (commencement of operations) through March 31, 2016.

 

  5 

For the period May 28, 2015 (commencement of operations) through March 31, 2016.

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.

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

 

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Notes to Financial Statements (continued)

 

investment transactions and net change in unrealized appreciation (depreciation) from investment transactions, respectively, on the Statements 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 Statements of Operations. Certain foreign exchange gains and losses included in realized and unrealized gains or losses are included in, or are a reduction of, ordinary income in accordance with U.S. Federal income tax regulations.

Expenses/Reimbursements — Under the investment advisory agreement for each Fund, except for Funds that commenced operations on or after March 26, 2013, 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 Funds that commenced operations on or after March 26, 2013, 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 Funds may invest (acquired fund fees and expenses) are not expenses of the Funds and are not paid by WTAM.

Pursuant to a separate contractual arrangement, WTAM arranges for the provision of CCO services with respect to each Fund, and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees. WTAM receives a fee, as shown on the Statements of Operations under “Service fees”, of up to 0.0044% of each Fund’s average daily net assets for providing such services and paying such expenses. WTAM provides CCO services to the Trust.

During the fiscal year ended March 31, 2016, certain Funds, as shown on the Statements of Operations under “Professional fees”, incurred non-recurring fees with respect to obtaining tax relief on United Kingdom stamp duty reserve taxes.

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. The Funds, other than the Currency Hedged Equity Funds, do not expect to engage in currency transactions for the purpose of hedging against declines in the value of a Fund’s assets that are denominated in one or more foreign currencies. The Funds may not enter into such contracts for speculative purposes.

Forward Foreign Currency 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.

 

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Table of Contents

Notes to Financial Statements (continued)

 

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.

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 values of the investments of cash collateral for securities on loan along with the obligations to return such collateral are included on the Statements of Assets and Liabilities. The total value of securities received as collateral for securities on loan is included in a footnote following each Schedule of Investments, but is not included within the Statements of Assets and Liabilities because the receiving Fund does not have the right to sell or repledge the securities received as collateral. 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, all of which are included in the securities lending income earned by the Funds and disclosed on the Statements of Operations. The dividend and interest income earned on the securities loaned is accounted for in the same manner as other dividend and interest income. The borrower pays to the Funds an amount equal to any dividends or interest received on loaned securities. Dividends received while a security is out on loan are not considered Qualified Dividend Income (“QDI”) under the specific criteria issued by the Internal Revenue Service and are subject to taxation at the shareholder’s ordinary income tax rate instead of the lower long-term capital gains tax rate. Lending portfolio securities could result in a loss or delay in recovering each Fund’s securities if the borrower defaults.

Master Netting Arrangements — ASU 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 a counterparty’s 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

 

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Table of Contents

Notes to Financial Statements (continued)

 

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 March 31, 2016, the impact of netting of assets and liabilities and the offsetting of collateral pledged or received based on contractual netting/set-off provisions in the ISDA Master Agreement and the Lending Agreement are detailed in the following table:

 

     Assets          Liabilities  
     Gross Amounts in
the Statements of
Assets and Liabilities
    Gross Amounts Not Offset
in the Statements of
Assets and Liabilities
   

Net
Amount

         Gross Amounts in
the Statements of
Assets and Liabilities
    Gross Amounts Not Offset
in the Statements of
Assets and Liabilities
        
Fund     Financial
Instruments
    Collateral
Received
          Financial
Instruments
    Collateral
Pledged
    Net
Amount
 

Australia Dividend Fund

  

       

Securities Lending

  $ 1,786,687      $      $ (1,786,687 )1    $          $      $      $      $   

Europe Hedged Equity Fund

  

       

Securities Lending

    276,592,888               (276,592,888 )1                                        

Forward Foreign Currency Contracts

    26,469,670        (24,487,629            1,982,041            672,918,232        (24,487,629            648,430,603   

Europe Hedged SmallCap Equity Fund

  

       

Securities Lending

    24,062,711               (24,062,711 )1                                        

Forward Foreign Currency Contracts

    8,437                      8,437            12,176,615                      12,176,615   

Europe Quality Dividend Growth Fund

  

       

Securities Lending

    226,763               (226,763 )1                                        

Europe SmallCap Dividend Fund

  

       

Securities Lending

    49,720,141               (49,720,141 )1                                        

Forward Foreign Currency Contracts

    1,240                      1,240            384                      384   

Germany Hedged Equity Fund

  

       

Securities Lending

    870,057               (870,057 )1                                        

Forward Foreign Currency Contracts

    346,062        (342,391            3,671            9,497,256        (342,391            9,154,865   

Global ex-U.S. Hedged Dividend Fund

  

       

Securities Lending

    56,482               (56,482 )1                                        

Forward Foreign Currency Contracts

    206        (45            161            148,531        (45            148,486   

Global ex-U.S. Hedged Real Estate Fund

  

       

Securities Lending

    89,965               (89,965 )1                                        

Forward Foreign Currency Contracts

    122        (26            96            77,075        (26            77,049   

International Dividend ex-Financials Fund

  

       

Securities Lending

    10,899,170               (10,899,170 )1                                        

Forward Foreign Currency Contracts

    537                      537            106                      106   

International Equity Fund

  

       

Securities Lending

    26,990,017               (26,990,017 )1                                        

Forward Foreign Currency Contracts

                                    427                      427   

International Hedged Equity Fund

  

       

Securities Lending

    73,293               (73,293 )1                                        

Forward Foreign Currency Contracts

    212                      212            165,031                      165,031   

International Hedged Quality Dividend Growth Fund

  

       

Securities Lending

    20,016,975               (20,016,975 )1                                        

Forward Foreign Currency Contracts

    33,077                      33,077            27,052,952                      27,052,952   

 

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Table of Contents

Notes to Financial Statements (continued)

 

     Assets          Liabilities  
     Gross Amounts in
the Statements of
Assets and Liabilities
    Gross Amounts Not Offset
in the Statements of
Assets and Liabilities
   

Net
Amount

         Gross Amounts in
the Statements of
Assets and Liabilities
    Gross Amounts Not Offset
in the Statements of
Assets and Liabilities
        
Fund     Financial
Instruments
    Collateral
Received
          Financial
Instruments
    Collateral
Pledged
    Net
Amount
 

International Hedged SmallCap Dividend Fund

  

       

Forward Foreign Currency Contracts

  $ 72      $ (8   $      $ 64          $ 39,073      $ (8   $      $ 39,065   

International High Dividend Fund

  

       

Securities Lending

    6,611,170               (6,611,170 )1                                        

Forward Foreign Currency Contracts

    27                      27            76                      76   

International LargeCap Dividend Fund

  

       

Securities Lending

    10,575,341               (10,575,341 )1                                        

Forward Foreign Currency Contracts

                                    295                      295   

International MidCap Dividend Fund

  

       

Securities Lending

    12,557,085               (12,557,085 )1                                        

International SmallCap Dividend Fund

  

       

Securities Lending

    113,130,909               (113,130,909 )1                                        

Forward Foreign Currency Contracts

                                    10,443                      10,443   

Japan Hedged Capital Goods Fund

  

       

Securities Lending

    183,040               (183,040 )1                                        

Forward Foreign Currency Contracts

    62                      62            9,850                      9,850   

Japan Hedged Equity Fund

  

       

Securities Lending

    1,054,641,846               (1,054,641,846 )1                                        

Forward Foreign Currency Contracts

    8,111,974        (4,185,887            3,926,087            40,080,250        (4,185,887            35,894,363   

Japan Hedged Financials Fund

  

       

Securities Lending

    1,772,431               (1,772,431 )1                                        

Forward Foreign Currency Contracts

    259                      259            40,879                      40,879   

Japan Hedged Health Care Fund

  

       

Securities Lending

    2,354,002               (2,354,002 )1                                        

Forward Foreign Currency Contracts

    33,333                      33,333            90,569                      90,569   

Japan Hedged Quality Dividend Growth Fund

  

       

Securities Lending

    600,464               (600,464 )1                                        

Forward Foreign Currency Contracts

    315                      315            49,810                      49,810   

Japan Hedged Real Estate Fund

  

       

Securities Lending

    11,555,642               (11,555,642 )1                                        

Forward Foreign Currency Contracts

    26,922                      26,922            488,559                      488,559   

Japan Hedged SmallCap Equity Fund

  

       

Securities Lending

    17,587,909               (17,587,909 )1                                        

Forward Foreign Currency Contracts

    86,924        (66,597            20,327            313,701        (66,597            247,104   

Japan Hedged Tech, Media and Telecom Fund

  

       

Securities Lending

    230,624               (230,624 )1                                        

Forward Foreign Currency Contracts

    47                      47            7,403                      7,403   

 

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


Table of Contents

Notes to Financial Statements (continued)

 

     Assets          Liabilities  
     Gross Amounts in
the Statements of
Assets and Liabilities
    Gross Amounts Not Offset
in the Statements of
Assets and Liabilities
   

Net
Amount

         Gross Amounts in
the Statements of
Assets and Liabilities
    Gross Amounts Not Offset
in the Statements of
Assets and Liabilities
        
Fund     Financial
Instruments
    Collateral
Received
          Financial
Instruments
    Collateral
Pledged
    Net
Amount
 

Japan Quality Dividend Growth Fund

  

       

Securities Lending

  $ 58,757      $      $ (58,757 )1    $          $      $      $      $   

Forward Foreign Currency Contracts

                                    2                      2   

Japan SmallCap Dividend Fund

  

       

Securities Lending

    68,662,149               (68,662,149 )1                                        

Korea Hedged Equity Fund

  

       

Securities Lending

    166,842               (166,842 )1                                        

Forward Foreign Currency Contracts

    14,782        (465            14,317            1,533,043        (465            1,532,578   

United Kingdom Hedged Equity Fund

  

       

Securities Lending

    36,208               (36,208 )1                                        

Forward Foreign Currency Contracts

    37,121        (17,689            19,432            943,443        (17,689            925,754   
  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. In order to qualify for the special tax treatment accorded RICs and their shareholders, each Fund must, among other things, distribute with respect to each taxable year an amount equal to or greater than the sum of 90% of its investment company taxable income and 90% of its net tax-exempt interest income. There can be no guarantee that a Fund will pay dividends. Taxable net realized gains from investment transactions, reduced by capital loss carryforwards, if any, are declared and distributed to shareholders at least annually. The capital loss carryforward amount, if any, is available to offset future net capital gains. The Funds may occasionally be required to make supplemental distributions at some other time during the year. The Trust reserves the right to declare special distributions if, in its reasonable discretion, such action is necessary or advisable to preserve the status of each Fund as a RIC or to avoid imposition of income or excise taxes on undistributed income. Dividends and distributions to shareholders are recorded on the ex-dividend date. The amount of dividends and distributions from net investment income and net realized capital gains 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 OTHER TRANSACTIONS WITH AFFILIATES

WTAM has overall responsibility for the general management and administration of the Trust. WTAM provides an investment program for each Fund. WTAM has arranged for Mellon 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 described in Note 2.

 

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Table of Contents

Notes to Financial Statements (continued)

 

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

Europe Hedged Equity Fund

     0.58

Europe Hedged SmallCap Equity Fund

     0.58

Europe Quality Dividend Growth Fund

     0.58

Europe SmallCap Dividend Fund

     0.58

Germany Hedged Equity Fund

     0.48

Global ex-U.S. Hedged Dividend Fund

     0.44

Global ex-U.S. Hedged Real Estate Fund

     0.58 %* 

International Dividend ex-Financials Fund

     0.58

International Equity Fund

     0.48

International Hedged Equity Fund

     0.35

International Hedged Quality Dividend Growth Fund

     0.58

International Hedged SmallCap Dividend Fund

     0.58 %** 

International High Dividend 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 Quality Dividend Growth 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 Quality Dividend Growth Fund

     0.48 %*** 

Japan SmallCap Dividend Fund

     0.58

Korea Hedged Equity Fund

     0.58

United Kingdom Hedged Equity Fund

     0.48

 

  During the period, WTAM had contractually agreed to limit the advisory fee to 0.43% through July 31, 2015. On July 31, 2015, the contractual waivers expired and were not renewed.

 

  * WTAM has contractually agreed to limit the advisory fee to 0.43% through July 31, 2017, unless earlier terminated by the Board of Trustees of the Trust for any reason.

 

  ** WTAM has contractually agreed to waive a portion of its advisory fee in an amount equal to the AFFEs attributable to the Fund’s investments in the Underlying Fund through July 31, 2018, unless earlier terminated by the Board of Trustees the Trust for any reason.

 

  *** WTAM has contractually agreed to limit the advisory fee to 0.43% through July 31, 2016, unless earlier terminated by the Board of Trustees of the Trust for any reason.

Each Fund may purchase shares of affiliated ETFs in secondary market transactions to reduce cash balances. For these transactions, WTAM waives its advisory fees related to each Fund’s investment in affiliated funds. The waivers may be reduced to offset the incremental costs related to these investments (fund accounting, safekeeping, transaction fees, etc.) that are paid by WTAM out of its advisory fee. The dollar amount of advisory fees waived during the period for the Funds, if any, are shown in the Statements of Operations.

 

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


Table of Contents

Notes to Financial Statements (continued)

 

Affiliated holdings are funds which are managed by, or an affiliate of, WTAM. Transactions with affiliated funds during the fiscal year or period ended March 31, 2016 are as follows:

 

Fund    Value at
3/31/2015
     Purchases/
Additions
     Sales/
Reductions
     Value at
3/31/2016
     Dividend
Income
     Capital Gain
Distributions
 

Europe SmallCap Dividend Fund

  

WisdomTree International MidCap Dividend Fund

   $ 940,186       $ 14,492,440       $ 12,618,354       $ 2,908,723       $ 93,645       $   

International Dividend ex-Financials Fund

                                                     

WisdomTree International LargeCap Dividend Fund

   $ 217,173       $ 7,934,299       $ 7,700,350       $ 230,746       $ 106,875       $   

International Equity Fund

                                                     

WisdomTree International Dividend ex-Financials Fund

   $ 1,935,496       $ 17,223,106       $ 18,692,588       $ 323,901       $ 173,384       $   

International Hedged SmallCap Dividend Fund1

                                                     

WisdomTree International SmallCap Dividend Fund

   $       $ 3,758,335       $ 2,449,408       $ 1,129,702       $ 59,989       $   

International High Dividend Fund

                                                     

WisdomTree International LargeCap Dividend Fund

   $ 409,180       $ 10,179,011       $ 10,490,434       $ 6,281       $ 114,211       $   

International LargeCap Dividend Fund

                                                     

WisdomTree International MidCap Dividend Fund

   $ 531,164       $ 7,080,310       $ 6,480,885       $ 955,246       $ 58,725       $   

International MidCap Dividend Fund

                                                     

WisdomTree Australia Dividend Fund

   $ 285,049       $ 931,485       $ 1,217,256       $       $ 7,937       $   

WisdomTree Japan Hedged Equity Fund

     287,065         930,302         1,190,642                 3,640         7,726   

Total

   $ 572,114       $ 1,861,787       $ 2,407,898       $       $ 11,577       $ 7,726   

International SmallCap Dividend Fund

                                                     

WisdomTree Europe SmallCap Dividend Fund

   $ 3,658,097       $ 13,631,323       $ 16,118,806       $ 1,326,860       $ 26,145       $   

WisdomTree Japan SmallCap Dividend Fund

     3,007,859         11,249,270         13,284,367         1,058,281         12,947           

Total

   $ 6,665,956       $ 24,880,593       $ 29,403,173       $ 2,385,141       $ 39,092       $   

Japan SmallCap Dividend Fund

                                                     

WisdomTree Japan Hedged Equity Fund

   $ 258,844       $ 4,709,894       $ 4,646,474       $       $ 24,504       $ 101,506   
  1 

For the period June 4, 2015 (commencement of operations) through March 31, 2016.

During the fiscal year ended March 31, 2016, the Japan Hedged SmallCap Equity Fund received a voluntary reimbursement of $888,000 from MCM for investment losses on certain foreign exchange transactions.

During the period ended March 31, 2016, the Global ex-U.S. Hedged Dividend Fund engaged in purchase and sale transactions with funds that have a common investment adviser, WTAM. These interfund purchase and sale transactions were at fair value and complied with Rule 17a-7 under the 1940 Act. For the period ended March 31, 2016, the cost of purchases, proceeds from sales and the net realized loss recognized upon the disposal of securities resulting from interfund transactions amounted to $949,793, $490,791 and $28,819, respectively.

4. CAPITAL SHARE TRANSACTIONS

As of March 31, 2016, 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 purchases and sales resulting from in-kind capital share transactions and short-term investments) and the cost of purchases and the proceeds from sales resulting from in-kind capital share transactions (excluding

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      227   


Table of Contents

Notes to Financial Statements (continued)

 

short-term investments) for the fiscal year or period ended March 31, 2016 are shown in the following table. Realized gains and losses on sales resulting from in-kind capital share redemptions, as shown on the Statements of Operations, are not recognized by the Funds for tax purposes.

 

              In-kind Capital Share Transactions  
Fund    Purchases      Sales      Purchases      Sales  

Australia Dividend Fund

   $ 14,887,337       $ 14,794,764       $       $ 10,334,887   

Europe Hedged Equity Fund

     5,342,827,472         6,840,332,932         6,438,732,385         5,910,499,806   

Europe Hedged SmallCap Equity Fund

     86,685,053         102,738,824         198,972,765         36,540,066   

Europe Quality Dividend Growth Fund

     9,247,243         9,226,935         7,196,818           

Europe SmallCap Dividend Fund

     496,206,256         483,916,333         328,025,101         73,643,340   

Germany Hedged Equity Fund

     113,458,914         136,345,594         133,177,213         152,840,505   

Global ex-U.S. Hedged Dividend Fund1

     4,002,353         3,706,146         9,182,971         4,122,472   

Global ex-U.S. Hedged Real Estate Fund2

     122,329         91,028         2,439,974           

International Dividend ex-Financials Fund

     114,297,214         115,608,015         22,237,265         74,006,495   

International Equity Fund

     89,627,871         86,789,976         84,335,526         29,691,224   

International Hedged Equity Fund3

     464,134         498,769         4,947,076           

International Hedged Quality Dividend Growth Fund

     244,805,546         250,738,550         632,015,898         86,388,768   

International Hedged SmallCap Dividend Fund1

     130,395         134,009         3,627,940         2,315,399   

International High Dividend Fund

     62,971,684         63,931,107         15,363,255         47,677,394   

International LargeCap Dividend Fund

     73,629,594         73,630,113         71,265,433         2,283,915   

International MidCap Dividend Fund

     37,689,422         37,088,490         5,921,244           

International SmallCap Dividend Fund

     509,685,517         496,654,259         215,596,710         25,696,841   

Japan Hedged Capital Goods Fund

     361,458         635,313         1,065,703           

Japan Hedged Equity Fund

     4,131,960,726         5,159,337,151         3,116,128,848         5,965,967,614   

Japan Hedged Financials Fund

     4,678,414         5,420,800         28,061,307         14,999,570   

Japan Hedged Health Care Fund

     3,093,415         4,655,828         29,003,970         13,180,088   

Japan Hedged Quality Dividend Growth Fund4

     7,183,757         7,686,203         29,503,015         12,220,922   

Japan Hedged Real Estate Fund

     7,474,304         14,989,260         135,801,427         22,786,514   

Japan Hedged SmallCap Equity Fund

     76,695,781         90,266,592         118,248,822         128,189,704   

Japan Hedged Tech, Media and Telecom Fund

     760,224         1,077,857                 1,422,854   

Japan Quality Dividend Growth Fund5

     787,509         813,807         2,502,141           

Japan SmallCap Dividend Fund

     99,347,317         98,485,509         189,166,578         60,623,324   

Korea Hedged Equity Fund

     25,338,052         23,507,426                   

United Kingdom Hedged Equity Fund

     11,031,167         9,938,451         11,416,661         7,917,455   

 

  1 

For the period June 4, 2015 (commencement of operations) through March 31, 2016.

 

  2 

For the period October 29, 2015 (commencement of operations) through March 31, 2016.

 

  3 

For the period July 9, 2015 (commencement of operations) through March 31, 2016.

 

  4 

For the period April 9, 2015 (commencement of operations) through March 31, 2016.

 

  5 

For the period May 28, 2015 (commencement of operations) through March 31, 2016.

6. FEDERAL INCOME TAXES

At March 31, 2016, 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

   $ 38,994,524       $ 3,827,748       $ (7,605,653    $ (3,777,905

Europe Hedged Equity Fund

     15,635,477,864         443,032,028         (2,002,098,271      (1,559,066,243

Europe Hedged SmallCap Equity Fund

     282,750,311         22,920,448         (18,515,625      4,404,823   

Europe Quality Dividend Growth Fund

     18,788,638         727,950         (1,489,451      (761,501

Europe SmallCap Dividend Fund

     1,193,263,769         93,900,462         (112,628,131      (18,727,669

Germany Hedged Equity Fund

     221,413,678         7,158,246         (27,989,194      (20,830,948

Global ex-U.S. Hedged Dividend Fund

     4,741,671         111,679         (490,789      (379,110

 

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


Table of Contents

Notes to Financial Statements (continued)

 

Fund    Tax Cost      Gross Unrealized
Appreciation
     Gross Unrealized
Depreciation
     Net Unrealized
Appreciation/
(Depreciation)
 

Global ex-U.S. Hedged Real Estate Fund

   $ 2,539,555       $ 100,785       $ (181,492    $ (80,707

International Dividend ex-Financials Fund

     271,670,328         13,331,356         (50,815,831      (37,484,475

International Equity Fund

     651,761,464         71,645,487         (80,467,235      (8,821,748

International Hedged Equity Fund

     4,865,228         175,069         (364,307      (189,238

International Hedged Quality Dividend Growth Fund

     752,434,361         31,738,869         (31,181,894      556,975   

International Hedged SmallCap Dividend Fund

     1,217,353                 (87,651      (87,651

International High Dividend Fund

     290,617,774         20,704,316         (50,583,862      (29,879,546

International LargeCap Dividend Fund

     398,013,918         31,344,369         (55,087,626      (23,743,257

International MidCap Dividend Fund

     153,746,921         25,318,657         (14,036,870      11,281,787   

International SmallCap Dividend Fund

     1,152,092,721         159,192,718         (106,789,717      52,403,001   

Japan Hedged Capital Goods Fund

     3,627,162         73,271         (374,699      (301,428

Japan Hedged Equity Fund

     11,720,815,046         536,374,337         (1,524,015,759      (987,641,422

Japan Hedged Financials Fund

     18,847,384         39,693         (4,347,707      (4,308,014

Japan Hedged Health Care Fund

     20,248,747         840,229         (781,593      58,636   

Japan Hedged Quality Dividend Growth Fund

     17,324,115         623,420         (1,834,178      (1,210,758

Japan Hedged Real Estate Fund

     155,213,898         7,539,179         (819,466      6,719,713   

Japan Hedged SmallCap Equity Fund

     109,038,417         7,318,432         (8,564,242      (1,245,810

Japan Hedged Tech, Media and Telecom Fund

     2,624,336         276,294         (317,044      (40,750

Japan Quality Dividend Growth Fund

     2,503,449         112,906         (285,997      (173,091

Japan SmallCap Dividend Fund

     463,243,316         46,504,077         (23,105,145      23,398,932   

Korea Hedged Equity Fund

     19,516,816         1,069,469         (1,141,431      (71,962

United Kingdom Hedged Equity Fund

     32,983,110         886,976         (6,125,040      (5,238,064

At March 31, 2016, the components of accumulated earnings/(loss) on a tax-basis were as follows:

 

Fund    Undistributed
Ordinary Income
     Undistributed
Capital and Other
Losses
    

Net Unrealized
Appreciation/

(Depreciation)

     Currency and
Other Unrealized
Appreciation/
(Depreciation)
     Total Accumulated
Earnings/(Losses)
 

Australia Dividend Fund

   $ 129,981       $ (24,218,483    $ (3,777,905    $ 14,193       $ (27,852,214

Europe Hedged Equity Fund

     24,118,619         (1,713,557,531      (1,559,066,243      (2,833,028      (3,251,338,183

Europe Hedged SmallCap Equity Fund

             (26,094,203      4,404,823         33,311         (21,656,069

Europe Quality Dividend Growth Fund

     39,608         (1,349,328      (761,501      1,097         (2,070,124

Europe SmallCap Dividend Fund

     6,118,460         (108,900,813      (18,727,669      11,405         (121,498,617

Germany Hedged Equity Fund

     2,098,282         (30,147,366      (20,830,948      15,335         (48,864,697

Global ex-U.S. Hedged Dividend Fund

             (289,489      (379,110      (10,375      (678,974

Global ex-U.S. Hedged Real Estate Fund

     67,532         (24,098      (80,707      (13,982      (51,255

International Dividend ex-Financials Fund

     661,692         (156,384,479      (37,484,475      3,939         (193,203,323

International Equity Fund

     2,388,098         (250,647,521      (8,821,748      35,584         (257,045,587

International Hedged Equity Fund

     12,048         (123,365      (189,238      (6,561      (307,116

International Hedged Quality Dividend Growth Fund

     2,804,720         (29,089,708      556,975         (1,738,141      (27,466,154

International Hedged SmallCap Dividend Fund

             (23,049      (87,651      (2,278      (112,978

International High Dividend Fund

     828,267         (96,089,925      (29,879,546      20,664         (125,120,540

International LargeCap Dividend Fund

     1,253,392         (67,148,849      (23,743,257      22,865         (89,615,849

International MidCap Dividend Fund

     625,844         (78,109,372      11,281,787         6,588         (66,195,153

International SmallCap Dividend Fund

     8,264,398         (250,463,784      52,403,001         52,394         (189,743,991

Japan Hedged Capital Goods Fund

     26,498         (266,013      (301,428      235         (540,708

Japan Hedged Equity Fund

     84,734,836         (1,294,308,669      (987,641,422      184,113         (2,197,031,142

Japan Hedged Financials Fund

     169,638         (2,589,031      (4,308,014      1,501         (6,725,906

Japan Hedged Health Care Fund

     94,245         (2,390,278      58,636         921         (2,236,476

Japan Hedged Quality Dividend Growth Fund

     101,479         (1,769,072      (1,210,758      2,179         (2,876,172

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      229   


Table of Contents

Notes to Financial Statements (continued)

 

Fund    Undistributed
Ordinary Income
     Undistributed
Capital and Other
Losses
    

Net Unrealized
Appreciation/

(Depreciation)

     Currency and
Other Unrealized
Appreciation/
(Depreciation)
     Total Accumulated
Earnings/(Losses)
 

Japan Hedged Real Estate Fund

   $ 7,328,590       $ (7,791,194    $ 6,719,713       $ 8,710       $ 6,265,819   

Japan Hedged SmallCap Equity Fund

     1,030,569         (16,415,444      (1,245,810      7,970         (16,622,715

Japan Hedged Tech, Media and Telecom Fund

     13,359         (262,987      (40,750      147         (290,231

Japan Quality Dividend Growth Fund

     17,020         (29,378      (173,091      223         (185,226

Japan SmallCap Dividend Fund

     4,003,560         (33,481,454      23,398,932         23,468         (6,055,494

Korea Hedged Equity Fund

             (1,602,868      (71,962      5,499         (1,669,331

United Kingdom Hedged Equity Fund

     105,641         (648,257      (5,238,064      2,722         (5,777,958

The tax character of distributions paid during the fiscal years or periods ended March 31, 2016 and March 31, 2015, was as follows:

 

      Year/Period Ended March 31, 2016      Year/Period Ended March 31, 2015  
Fund    Distributions Paid
from Ordinary
Income*
     Distributions Paid
from Long-Term
Capital Gains
     Distributions Paid
from Ordinary
Income*
     Distributions Paid
from Long-Term
Gains
 

Australia Dividend Fund

   $ 1,267,826       $       $ 1,972,575       $   

Europe Hedged Equity Fund

     910,776,247         737,085,064         144,026,657         114,683,770   

Europe Hedged SmallCap Equity Fund

     9,725,888         334,836         1       1 

Europe Quality Dividend Growth Fund

     346,859                 174,792 2       2 

Europe SmallCap Dividend Fund

     26,876,423                 37,998,494           

Germany Hedged Equity Fund

     10,642,012         3,927,059         633,487         608,209   

Global ex-U.S. Hedged Dividend Fund3

     88,558                           

Global ex-U.S. Hedged Real Estate Fund4

     15,424                           

International Dividend ex-Financials Fund

     11,777,974                 15,437,232           

International Equity Fund

     22,674,788                 20,650,247           

International Hedged Equity Fund5

     34,502                           

International Hedged Quality Dividend Growth Fund

     11,453,265         3,315,369         437,423 2       357,396 2 

International Hedged SmallCap Dividend Fund3

     51,534         4,392                   

International High Dividend Fund

     12,735,562                 13,241,538           

International LargeCap Dividend Fund

     13,065,991                 12,260,118           

International MidCap Dividend Fund

     4,425,194                 4,298,234           

International SmallCap Dividend Fund

     28,273,035                 28,286,347           

Japan Hedged Capital Goods Fund

     66,028         50,992         74,676 6       86,828 6 

Japan Hedged Equity Fund

     458,522,581         436,828,633         627,071,174         684,541,310   

Japan Hedged Financials Fund

     152,954         32,909         296,278 6       388,762 6 

Japan Hedged Health Care Fund

     102,133         55,943         91,689 6       109,145 6 

Japan Hedged Quality Dividend Growth Fund7

     167,600                           

Japan Hedged Real Estate Fund

     869,975         701,299         985,776 6       1,115,147 6 

Japan Hedged SmallCap Equity Fund

     3,379,441         3,164,723         3,081,275         5,010,437   

Japan Hedged Tech, Media and Telecom Fund

     155,414         106,591         131,588 6       190,482 6 

Japan Quality Dividend Growth Fund8

     21,482                           

Japan SmallCap Dividend Fund

     4,387,792                 4,434,720           

Korea Hedged Equity Fund

     52,830                 84,857           

United Kingdom Hedged Equity Fund

     1,569,517         100,489         756,787           
  * Includes short-term capital gains if any.

 

  1 

For the period March 4, 2015 (commencement of operations) through March 31, 2015.

 

  2 

For the period May 7, 2014 (commencement of operations) through March 31, 2015.

 

  3 

For the period June 4, 2015 (commencement of operations) through March 31, 2016.

 

  4 

For the period October 29, 2015 (commencement of operations) through March 31, 2016.

 

  5 

For the period July 9, 2015 (commencement of operations) through March 31, 2016.

 

  6 

For the period April 8, 2014 (commencement of operations) through March 31, 2015.

 

  7 

For the period April 9, 2015 (commencement of operations) through March 31, 2016.

 

  8 

For the period May 28, 2015 (commencement of operations) through March 31, 2016.

 

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


Table of Contents

Notes to Financial Statements (continued)

 

At March 31, 2016, for Federal tax purposes, the Funds have capital loss carryforwards available to offset future capital gains through the years indicated. To the extent that these loss carryforwards are utilized, capital gains so offset will not be distributed to shareholders.

 

Fund    Capital Loss
Available
Through 2017
     Capital Loss
Available
Through 2018
     Capital Loss
Available
Through 2019
     Short-Term
Post-Effective
No Expiration
     Long-Term
Post-Effective
No Expiration
     Capital Loss
Available Total
 

Australia Dividend Fund

   $ 2,237,436       $ 10,402,798       $ 2,670,223       $ 4,896,921       $ 2,441,429       $ 22,648,807   

Europe Hedged Equity Fund

                             670,437,210         643,791,769         1,314,228,979   

Europe Hedged SmallCap Equity Fund

                             6,763,118         6,462,891         13,226,009   

Europe Quality Dividend Growth Fund

                             596,597         568,582         1,165,179   

Europe SmallCap Dividend Fund

             15,981,777         2,102,724         64,472,960         19,959,582         102,517,043   

Germany Hedged Equity Fund

                             10,262,984         11,260,581         21,523,565   

Global ex-U.S. Hedged Dividend Fund

                             178,408                 178,408   

Global ex-U.S. Hedged Real Estate Fund

                                               

International Dividend ex-Financials Fund

     37,831,029         106,422,557                 12,130,893                 156,384,479   

International Equity Fund

     24,645,745         187,173,747         8,855,174         5,050,956         18,842,790         244,568,412   

International Hedged Equity Fund

                             107,153         16,212         123,365   

International Hedged Quality Dividend Growth Fund

                             7,231,187         3,753,826         10,985,013   

International Hedged SmallCap Dividend Fund

                                               

International High Dividend Fund

     24,469,991         41,582,445         7,637,372         5,894,151         11,894,511         91,478,470   

International LargeCap Dividend Fund

     10,714,056         21,950,675         8,092,071         6,720,929         15,948,318         63,426,049   

International MidCap Dividend Fund

     10,045,031         49,400,362         11,183,904         2,975,604         2,968,684         76,573,585   

International SmallCap Dividend Fund

     21,554,037         176,126,796         6,365,431         41,445,601                 245,491,865   

Japan Hedged Capital Goods Fund

                             16,669                 16,669   

Japan Hedged Equity Fund

                             838,645,217         455,663,452         1,294,308,669   

Japan Hedged Financials Fund

                             347,837         220,326         568,163   

Japan Hedged Health Care Fund

                             337,738         125,601         463,339   

Japan Hedged Quality Dividend Growth Fund

                             321,610         99,516         421,126   

Japan Hedged Real Estate Fund

                                               

Japan Hedged SmallCap Equity Fund

                             2,444,369         530,275         2,974,644   

Japan Hedged Tech, Media and Telecom Fund

                             37,625         14,166         51,791   

Japan Quality Dividend Growth Fund

                             8,918                 8,918   

Japan SmallCap Dividend Fund

     2,793,131         13,069,045         3,661,232         6,565,534         5,195,038         31,283,980   

Korea Hedged Equity Fund

                             520,536                 520,536   

United Kingdom Hedged Equity Fund

                             365,278         282,979         648,257   

Capital losses incurred after October 31 (“post-October capital losses”) and late year ordinary losses incurred after December 31 within the taxable year are deemed to arise on the first business day of each Fund’s next taxable year.

During the fiscal year or period ended March 31, 2016, the following Funds incurred and will elect to defer post-October capital losses and late year ordinary losses as follows:

 

Fund    Late Year
Ordinary Loss
     Short-Term
Post-October
Capital Losses
     Long-Term
Post-October
Capital  Losses
 

Australia Dividend Fund

   $       $ 524,671       $ 1,045,005   

Europe Hedged Equity Fund

             397,117,460         2,211,092   

Europe Hedged SmallCap Equity Fund

     1,806,453         7,578,343         3,483,398   

Europe Quality Dividend Growth Fund

             145,691         38,458   

Europe SmallCap Dividend Fund

             4,929,923         1,453,847   

Germany Hedged Equity Fund

             8,052,216         571,585   

Global ex-U.S. Hedged Dividend Fund1

     12,145         127,884         (28,948

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      231   


Table of Contents

Notes to Financial Statements (continued)

 

Fund    Late Year
Ordinary Loss
     Short-Term
Post-October
Capital Losses
     Long-Term
Post-October
Capital  Losses
 

Global ex-U.S. Hedged Real Estate Fund2

   $       $ 8,687       $ 15,411   

International Dividend ex-Financials Fund

                       

International Equity Fund

             2,470,783         3,608,326   

International Hedged Equity Fund3

                       

International Hedged Quality Dividend Growth Fund

             12,470,124         5,634,571   

International Hedged SmallCap Dividend Fund1

     10,534         10,185         2,330   

International High Dividend Fund

             1,047,565         3,563,890   

International LargeCap Dividend Fund

             1,392,088         2,330,712   

International MidCap Dividend Fund

             1,153,111         382,676   

International SmallCap Dividend Fund

             5,382,276         (410,357

Japan Hedged Capital Goods Fund

             142,559         106,785   

Japan Hedged Equity Fund

                       

Japan Hedged Financials Fund

             1,264,277         756,591   

Japan Hedged Health Care Fund

             887,146         1,039,793   

Japan Hedged Quality Dividend Growth Fund4

             718,509         629,437   

Japan Hedged Real Estate Fund

             2,927,221         4,863,973   

Japan Hedged SmallCap Equity Fund

             7,080,356         6,360,444   

Japan Hedged Tech, Media and Telecom Fund

             72,811         138,385   

Japan Quality Dividend Growth Fund5

             20,380         80   

Japan SmallCap Dividend Fund

             1,876,075         321,399   

Korea Hedged Equity Fund

     17,796         941,282         123,254   

United Kingdom Hedged Equity Fund

                       
  1 

For the period June 4, 2015 (commencement of operations) through March 31, 2016.

 

  2 

For the period October 29, 2015 (commencement of operations) through March 31, 2016.

 

  3 

For the period July 9, 2015 (commencement of operations) through March 31, 2016.

 

  4 

For the period April 9, 2015 (commencement of operations) through March 31, 2016.

 

  5 

For the period May 28, 2015 (commencement of operations) through March 31, 2016.

During the fiscal year or period ended March 31, 2016, the amount of capital loss carryforwards used to offset realized gains and the amount of capital loss carryforwards that expired unused are shown in the following table:

 

Fund   

Expired

Capital Loss

Carryforward

    

Utilized

Capital Loss
Carryforward

 

Australia Dividend Fund

   $ 23,230       $   

Europe Hedged Equity Fund

               

Europe Hedged SmallCap Equity Fund

               

Europe Quality Dividend Growth Fund

               

Europe SmallCap Dividend Fund

               

Germany Hedged Equity Fund

               

Global ex-U.S. Hedged Dividend Fund1

               

Global ex-U.S. Hedged Real Estate Fund2

               

International Dividend ex-Financials Fund

               

International Equity Fund

             929,862   

International Hedged Equity Fund3

               

International Hedged Quality Dividend Growth Fund

               

International Hedged SmallCap Dividend Fund1

               

International High Dividend Fund

     972,353           

International LargeCap Dividend Fund

     911,666           

International MidCap Dividend Fund

     2,200,353         4,616,686   

International SmallCap Dividend Fund

               

Japan Hedged Capital Goods Fund

               

 

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


Table of Contents

Notes to Financial Statements (continued)

 

Fund   

Expired

Capital Loss

Carryforward

    

Utilized

Capital Loss
Carryforward

 

Japan Hedged Equity Fund

   $       $   

Japan Hedged Financials Fund

               

Japan Hedged Health Care Fund

               

Japan Hedged Quality Dividend Growth Fund4

               

Japan Hedged Real Estate Fund

               

Japan Hedged SmallCap Equity Fund

               

Japan Hedged Tech, Media and Telecom Fund

               

Japan Quality Dividend Growth Fund5

               

Japan SmallCap Dividend Fund

     450,744         4,953,416   

Korea Hedged Equity Fund

               

United Kingdom Hedged Equity Fund

               
  1 

For the period June 4, 2015 (commencement of operations) through March 31, 2016.

 

  2 

For the period October 29, 2015 (commencement of operations) through March 31, 2016.

 

  3 

For the period July 9, 2015 (commencement of operations) through March 31, 2016.

 

  4 

For the period April 9, 2015 (commencement of operations) through March 31, 2016.

 

  5 

For the period May 28, 2015 (commencement of operations) through March 31, 2016.

At March 31, 2016, the effect of permanent “book/tax” reclassifications resulted in increases (decreases) to the components of net assets as follows:

 

Fund   

Undistributed Net
Investment

Income/(Loss)

     Accumulated
Net Realized
Gain/(Loss)
     Paid-in Capital  

Australia Dividend Fund

   $ (6,983    $ (1,366,710    $ 1,373,693   

Europe Hedged Equity Fund

     14,458,607         111,391,949         (125,850,556

Europe Hedged SmallCap Equity Fund

     1,334,670         (3,049,654      1,714,984   

Europe Quality Dividend Growth Fund

     (1,071      1,071           

Europe SmallCap Dividend Fund

     1,065,372         (5,049,199      3,983,827   

Germany Hedged Equity Fund

     3,629,204         6,781,848         (10,411,052

Global ex-U.S. Hedged Dividend Fund

     (35,138      351,935         (316,797

Global ex-U.S. Hedged Real Estate Fund

     (5,683      5,683           

International Dividend ex-Financials Fund

     (23,379      1,601,715         (1,578,336

International Equity Fund

     (79,082      (6,420,908      6,499,990   

International Hedged Equity Fund

     (27,884      27,883         1   

International Hedged Quality Dividend Growth Fund

     (2,353,707      (261,230      2,614,937   

International Hedged SmallCap Dividend Fund

     (25,859      97,778         (71,919

International High Dividend Fund

     (97,814      (1,963,781      2,061,595   

International LargeCap Dividend Fund

     (59,801      219,007         (159,206

International MidCap Dividend Fund

     (51,013      2,251,366         (2,200,353

International SmallCap Dividend Fund

     (159,027      (4,583,781      4,742,808   

Japan Hedged Capital Goods Fund

     (5,317      5,316         1   

Japan Hedged Equity Fund

     (33,880,945      (296,132,101      330,013,046   

Japan Hedged Financials Fund

     (81,269      2,151,950         (2,070,681

Japan Hedged Health Care Fund

     (13,757      (1,178,691      1,192,448   

Japan Hedged Quality Dividend Growth Fund

     (53,152      (450,232      503,384   

Japan Hedged Real Estate Fund

     287,385         (1,269,421      982,036   

Japan Hedged SmallCap Equity Fund

     (99,816      (8,332,287      8,432,103   

Japan Hedged Tech, Media and Telecom Fund

     (6,113      (170,317      176,430   

Japan Quality Dividend Growth Fund

     267         (267        

Japan SmallCap Dividend Fund

     124,879         (10,212,926      10,088,047   

Korea Hedged Equity Fund

     (107,113      130,754         (23,641

United Kingdom Hedged Equity Fund

     (261,238      151,279         109,959   

 

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Notes to Financial Statements (concluded)

 

The differences are primarily due to redemptions-in-kind, foreign currency transactions, investments in passive foreign investment companies, investments in partnerships, expiration of capital loss carryforwards, re-designation of dividends, and utilization of earnings and profits distributed to shareholders on redemption of shares.

GAAP provides guidance on tax provisions that prescribe a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Foreign taxes are provided for based on each Fund’s understanding of the tax rules and rates that exist in the foreign markets in which it invests. Taxes are accrued and applied to net investment income, net realized capital gains and net unrealized appreciation, as applicable, as the income is earned or capital gains are recorded. As of and during the fiscal year or period ended March 31, 2016, the Funds did not have any liabilities for unrecognized tax benefits relating to uncertain income tax positions they have taken or expect to take in the future. If applicable, the Funds will recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in “Other” expenses on the Statements of Operations. The Funds file tax returns with the Internal Revenue Service, the State of New York, and various other states. Generally, each of the tax years in the four-year period ended March 31, 2016, remains subject to examination by taxing authorities.

7. RECENT ACCOUNTING PRONOUNCEMENTS

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. WTAM has evaluated ASU 2014-11 and determined that there is no impact on the Trust’s financial statements.

In May 2015, the FASB issued ASU 2015-07 Fair Value Measurement (Topic 820): Disclosures for Investments in Certain Entities that Calculate Net Asset Value per Share (or its Equivalent). This is an update to ASC 820. The amendments in this ASU remove the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the net asset value per share practical expedient. ASU 2015-07 also limits certain disclosures to investments for which the entity has elected to measure the fair value using the practical expedient. ASU 2015-07 will be effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years (earlier application is also permitted). WTAM has evaluated ASU 2015-07 and determined that there is no impact on the Trust’s financial statements.

 

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Report of Independent Registered Public Accounting Firm

 

The Board of Trustees and Shareholders of WisdomTree Trust:

We have audited the accompanying statements of assets and liabilities, including the schedules of investments, of WisdomTree Australia Dividend Fund, WisdomTree Europe Hedged Equity Fund, WisdomTree Europe Hedged SmallCap Equity Fund, WisdomTree Europe Quality Dividend Growth Fund (formerly WisdomTree Europe Dividend Growth Fund), WisdomTree Europe SmallCap Dividend Fund, WisdomTree Germany Hedged Equity Fund, WisdomTree Global ex-U.S. Hedged Dividend Fund, WisdomTree Global ex-U.S. Hedged Real Estate Fund, WisdomTree International Dividend ex-Financials Fund, WisdomTree International Equity Fund (formerly WisdomTree DEFA Fund), WisdomTree International Hedged Equity Fund, WisdomTree International Hedged Quality Dividend Growth Fund (formerly WisdomTree International Hedged Dividend Growth Fund), WisdomTree International Hedged SmallCap Dividend Fund, WisdomTree International High Dividend Fund (formerly WisdomTree DEFA Equity Income Fund), WisdomTree International LargeCap Dividend Fund, 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, WisdomTree Japan Hedged Health Care Fund, WisdomTree Japan Hedged Quality Dividend Growth Fund (formerly WisdomTree Japan Hedged Dividend Growth Fund), WisdomTree Japan Hedged Real Estate Fund, WisdomTree Japan Hedged SmallCap Equity Fund, WisdomTree Japan Hedged Tech, Media and Telecom Fund, WisdomTree Japan Quality Dividend Growth Fund (formerly WisdomTree Japan Dividend Growth Fund), WisdomTree Japan SmallCap Dividend Fund, WisdomTree Korea Hedged Equity Fund, and WisdomTree United Kingdom Hedged Equity Fund, twenty-nine of the investment funds constituting the WisdomTree Trust (the “Trust”), as of March 31, 2016, and the related statements of operations, the statements of changes in net assets and the financial highlights for each of the periods presented therein. These financial statements and financial highlights are the responsibility of the Trust’s management. Our responsibility is to express an opinion on these financial statements and financial highlights based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement. We were not engaged to perform an audit of the Trust’s internal control over financial reporting. Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Trust’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements and financial highlights, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. Our procedures included confirmation of securities owned as of March 31, 2016, by correspondence with the custodian and others, or by other appropriate auditing procedures where replies from others were not received. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements and financial highlights referred to above present fairly, in all material respects, the financial position of WisdomTree Australia Dividend Fund, WisdomTree Europe Hedged Equity Fund, WisdomTree Europe Hedged SmallCap Equity Fund, WisdomTree Europe Quality Dividend Growth Fund, WisdomTree Europe SmallCap Dividend Fund, WisdomTree Germany Hedged Equity Fund, WisdomTree Global ex-U.S. Hedged Dividend Fund, WisdomTree Global ex-U.S. Hedged Real Estate Fund, WisdomTree International Dividend ex-Financials Fund, WisdomTree International Equity Fund, WisdomTree International Hedged Equity Fund, WisdomTree International Hedged Quality Dividend Growth Fund, WisdomTree International Hedged SmallCap Dividend Fund, WisdomTree International High Dividend Fund, WisdomTree International LargeCap Dividend Fund, 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, WisdomTree Japan Hedged Health Care Fund, WisdomTree Japan Hedged Quality Dividend Growth Fund, WisdomTree Japan Hedged Real Estate Fund, WisdomTree Japan Hedged SmallCap Equity Fund, WisdomTree Japan Hedged Tech, Media and Telecom Fund, WisdomTree Japan Quality Dividend Growth Fund, WisdomTree Japan SmallCap Dividend Fund, WisdomTree Korea Hedged Equity Fund, and WisdomTree United Kingdom Hedged Equity Fund, twenty-nine of the investment funds constituting the WisdomTree Trust, at March 31, 2016, the results of their operations, the changes in their net assets and the financial highlights for each of the periods presented therein, in conformity with U.S. generally accepted accounting principles.

 

LOGO

New York, New York

May 26, 2016

 

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

 

Approval of Investment Advisory and Sub-Advisory Agreements with respect to the WisdomTree Global ex-U.S. Hedged Dividend Fund, WisdomTree International Hedged Equity Fund, WisdomTree International Hedged SmallCap Dividend Fund, and the WisdomTree Japan Hedged Quality Dividend Growth Fund (the “Funds”)

At a meeting of the Board of Trustees (the “Board”) of the WisdomTree Trust (the “Trust”) held on March 23-24, 2015, the Trustees (the “Trustees”), including those Trustees who are not “interested persons” (as defined in the Investment Company Act of 1940, as amended) of the Trust (the “Independent Trustees”), considered the approval of the Investment Advisory Agreement (the “Advisory Agreement”), pursuant to which WisdomTree Asset Management, Inc. (“WTAM”) will provide the Funds with investment advisory services, and the Sub-Investment Advisory Agreement (together with the Advisory Agreement, the “Agreements”), pursuant to which Mellon Capital Management Corporation (the “Sub-Adviser”) will coordinate the investment and reinvestment of the assets of the Funds.

In considering whether to approve the Agreements, the Trustees considered and discussed information and analysis provided by WTAM. 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 approval of the Agreements, the Board considered all factors that it believed to be relevant, including those discussed below. The Board did not identify any one factor as dispositive, and each Trustee may have attributed different weights to the factors considered.

Analysis of Nature, Extent, and Quality of Services to be Provided to the 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 WisdomTree funds, recognizing WTAM’s and the Sub-Adviser’s operational capabilities and resources. The Board also discussed WTAM’s proposed role as index provider to the Funds. The Board also noted the extensive responsibilities that WTAM will have 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. The Board also considered research support available to, and management capabilities of, the Funds’ management personnel and that WTAM will provide 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 to be provided by WTAM and the Sub-Adviser under the Advisory Agreement and Sub-Advisory Agreement, respectively, are adequate and appropriate.

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 representatives of WTAM and the Sub-Adviser the portfolio management team and the investment strategies to be employed in the management of each Funds’ assets. The Board noted the reputation and experience of WTAM and the Sub-Adviser.

The Board considered the fees to be paid to WTAM by the Funds. The Board examined the fee to be paid by the Funds in light of fees paid to other investment advisers by comparable funds and the method of computing the Funds’ fee. The Board also considered the fee to be paid to the Sub-Adviser in relation to the fee to be paid to WTAM by each Fund and the respective services to be provided by the Sub-Adviser and WTAM. The Board also noted the Sub-Adviser’s fees will be paid by WTAM (out of its fees from the Funds) and not the Funds. Based on this review, the Board concluded that the fees to be paid to WTAM and the Sub-Adviser were reasonable in light of the considerations described above.

Analysis of Profitability and Economies of Scale. As the Funds had not yet commenced operations, WTAM representatives were not able to review the dollar amount of expenses allocated and profit received by WTAM, or any economies of scale. The Board considered potential benefits to WTAM and the Sub-Adviser from acting as investment adviser and sub- adviser, respectively. The Board also considered the uncertainty of the estimated asset levels and the renewal requirements for advisory agreements and their ability to review the advisory fees annually after the initial term of the Agreements. The Board determined that because the Funds had not yet commenced operations, economies of scale were not a factor, but, to the extent in the future it were determined that material economies of scale had not been shared with a Fund, the Board would seek to have those economies of scale shared with the Fund in connection with future renewals.

*  *  *  *  *  *

In evaluating the Agreements, the Board considered the conclusions and determinations discussed above and also relied on its knowledge, gained through meetings and other interactions with WTAM and the Sub-Adviser, of other funds advised by WTAM and the Sub-Adviser. In light of the foregoing, the Board, including a majority of the Independent Trustees, determined to approve the Agreements.

 

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

 

Approval of the amended Sub-Advisory Agreement with respect to the WisdomTree International Hedged Equity Fund, WisdomTree Global ex-U.S. Hedged Dividend Fund and the WisdomTree International Hedged SmallCap Dividend Fund (the “Funds”)

At a meeting of the Board of Trustees (the “Board”) of the WisdomTree Trust (the “Trust”) held on May 20, 2015, the Trustees (the “Trustees”), including those Trustees who are not “interested persons” (as defined in the Investment Company Act of 1940, as amended) of the Trust (the “Independent Trustees”), considered the approval of the amendment of the Sub-Advisory Agreement (the “Sub-Advisory Agreement”) between WisdomTree Asset Management, Inc. (“WTAM”) and Mellon Capital Management Corporation (the “Sub-Adviser”), pursuant to which the Sub-Adviser will coordinate the investment and reinvestment of the assets of WisdomTree International Hedged Equity Fund, WisdomTree Global ex-U.S. Hedged Dividend Fund and WisdomTree International Hedged SmallCap Dividend Fund (the “Funds”). The Board initially approved the Sub-Advisory Agreement at a meeting held on March 23-24, 2015 (the “March Meeting”). Representatives of WTAM explained that, subsequent to that approval, WTAM and the Sub-Adviser negotiated new sub-advisory fees for all new multi-currency hedged and emerging markets funds, including the Funds. Noting the Funds’ unitary fee structure, representatives of WTAM stated that the amended sub-advisory fee would have no effect on the fees to be paid by the Funds. In considering whether to approve the amendment of the Sub-Advisory Agreement, the Trustees considered and discussed information and analysis provided by WTAM. The Independent Trustees were assisted in their review by independent legal counsel and met with counsel in executive session separate from representatives of WTAM. In considering the approval of the amendment of the Sub-Advisory Agreement, the Board considered all factors that it believed to be relevant, including those discussed below. The Board did not identify any one factor as dispositive, and each Trustee may have attributed different weights to the factors considered. Since the Board had approved the Sub-Advisory Agreement at the March Meeting, and, other than as discussed below, there had been no material changes in the information presented, the Trustees addressed many of the relevant considerations by reference to their considerations and determinations at the March Meeting.

Analysis of Nature, Extent, and Quality of Services to be Provided to the Funds. The nature, extent and quality of services to be provided by the Sub-Adviser under the Sub-Advisory Agreement had been considered at the March Meeting, and there had been no material changes in this information. Representatives of WTAM stated, and the Trustees considered, that WTAM does not believe that the proposed amendment of the Sub-Advisory Agreement would have any impact on the scope or quality of the services provided to the Funds by WTAM or the Sub-Adviser; and the proposed amendment also would not result in any change to the investment management of 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 had considered the portfolio management team and the investment strategies to be employed in the management of each Fund’s assets at the March Meeting. The Board also had considered comparative management fee and expense ratio information at the March Meeting. The Board noted that, because the Sub-Adviser’s fees will be paid by WTAM (out of its fees paid by the Funds) and not the Funds, the amendment would not affect the management fees paid by the Funds. As a result, the Board did not reconsider comparative fee and expense information. The Board considered that the amendment would, at current aggregate international fund asset levels, increase the fee to be paid to the Sub-Adviser in relation to the fee to be paid to WTAM by each Fund. The Board also considered the fee to be paid to the Sub-Adviser in relation to the fee to be paid to WTAM by each Fund and the respective services to be provided by the Sub-Adviser and WTAM. Based on this review, the Board concluded that the fees to be paid to WTAM and the Sub-Adviser were justified in light of the considerations described above.

Analysis of Profitability and Economies of Scale. As the Funds had not yet commenced operations, WTAM representatives were not able to review the dollar amount of expenses allocated and profit received by WTAM, or any economies of scale. The Board had considered at the March Meeting the potential benefits to the Sub-Adviser from acting as sub-adviser, which would not change materially under the amendment from those considered at the March Meeting. The Board considered the uncertainty of the estimated asset levels and the renewal requirements for sub-advisory agreements and their ability to review the sub-advisory fees annually after the initial term of the Sub-Advisory Agreement. The Board determined that because the Funds had not yet commenced operations, economies of scale were not a factor, but, to the extent in the future it were determined that material economies of scale had not been shared with a Fund, the Board would seek to have those economies of scale shared with the Fund in connection with future renewals.

*  *  *  *  *  *

In evaluating the amendment of the Sub-Advisory Agreement, the Board considered the conclusions and determinations discussed above and also relied on its knowledge, gained through meetings and other interactions with WTAM and the Sub-Adviser, of other funds advised by WTAM and the Sub-Adviser. In light of the foregoing, the Board, including a majority of the Independent Trustees, determined to approve the amendment of the Sub-Advisory Agreement.

Approval of Investment Advisory and Sub-Advisory Agreement with respect to the WisdomTree Japan Quality Dividend Growth Fund (the “Fund”)

At a meeting of the Board of Trustees (the “Board”) of the WisdomTree Trust (the “Trust”) held on May 20, 2015, the Trustees (the “Trustees”), including those Trustees who are not “interested persons” (as defined in the Investment Company Act of 1940, as

 

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

 

amended) of the Trust (the “Independent Trustees”), considered the approval of the Investment Advisory Agreement (the “Advisory Agreement”), pursuant to which WisdomTree Asset Management, Inc. (“WTAM”) will provide the Fund with investment advisory services, and the Sub-Advisory Agreement (together with the Advisory Agreement, the “Agreements”), pursuant to which Mellon Capital Management Corporation (the “Sub-Adviser”) will coordinate the investment and reinvestment of the assets of the Fund.

In considering whether to approve the Agreements, the Trustees considered and discussed information and analysis provided by WTAM and Lipper, Inc., an independent provider of investment company data. The Independent Trustees were assisted in their review by independent legal counsel and met with counsel in executive session separate from WTAM representatives and the Sub-Adviser. In considering the approval of the Agreements, the Board considered all factors that it believed to be relevant, including those discussed below. The Board did not identify any one factor as dispositive, and each Trustee may have attributed different weights to the factors considered.

Analysis of Nature, Extent, and Quality of Services to be Provided to the Fund. The Board considered information provided to them at the meeting and in previous presentations throughout the year from WTAM representatives regarding the nature, extent, and quality of the services provided to the WisdomTree funds, recognizing WTAM’s and the Sub-Adviser’s operational capabilities and resources. The Board also discussed the proposed role of WisdomTree Investments, Inc. (“WTI”), the parent of WTAM, as index provider to the Fund. The Board noted that the strategies represented by the Fund is unique, based on WTI’s intellectual property and are only available for use by the Fund through WTAM. The Board noted WTAM’s belief that shareholders will invest in the Fund on the strength of WTI’s intellectual property and WTAM’s industry standing and reputation and with the expectation that WTAM will have a continuing role in providing advisory services to the Fund based on the WTI indexes. The Board also noted the extensive responsibilities that WTAM will have as investment adviser to the Fund, including: the selection of, and supervisory responsibilities and activities over, the Sub-Adviser, including oversight of the Sub-Adviser’s adherence to the Fund’s investment strategy and restrictions, monitoring of the Sub-Adviser’s buying and selling of securities and derivatives transactions, review of Sub-Adviser performance, review of proxies voted by the Sub-Adviser and oversight of, and the provision of consultation to, the Sub-Adviser with respect to the creation of custom creation or redemption baskets for authorized participants; oversight of the daily valuation of the Fund’s portfolio holdings; oversight of general Fund compliance with federal and state laws; and implementation of Board directives as they relate to the Fund. The Board also considered research support available to, and management capabilities of, the Fund’s management personnel and that WTAM will provide oversight of day-to-day Fund operations, including fund accounting, tax matters, administration, compliance and legal assistance in meeting disclosure and regulatory requirements.

Based on review of this information and the other factors considered at the meeting, the Board concluded that the nature, extent and quality of services to be provided by WTAM and the Sub-Adviser under the Advisory Agreement and Sub-Advisory Agreement, respectively, are adequate and appropriate and supported the Board’s approval of the Agreements.

Comparative Analysis of the Fund’s Performance, Advisory Fees and Fund Expenses. As the Fund had not yet commenced operations, the Board was not able to review the Fund’s performance. The Board discussed with WTAM representatives the portfolio management team and the investment strategies to be employed in the management of the Fund’s assets. The Board noted the reputation and experience of WTAM and the Sub-Adviser.

The Board considered the fees to be paid to WTAM by the Fund. The Board examined the fee to be paid by the Fund in light of fees paid to other investment advisers by comparable funds and the method of computing the Fund’s fee. The Board also considered the fee to be paid to the Sub-Adviser in relation to the fee to be paid to WTAM by the Fund and the respective services to be provided by the Sub-Adviser and WTAM. The Board also noted the Sub-Adviser’s fees will be paid by WTAM (out of its fees paid by the Fund) and not the Fund. The Board considered the meaningful differences in the services that WTAM will provide to the Fund as compared to the Sub-Adviser, including that the role of the Sub-Adviser in making investment recommendations with respect to the Fund is a rules-based function, with oversight by WTAM in seeking to ensure compliance with such rules. The Board also considered the entrepreneurial and expense risk to be borne by WTAM that is associated with the Fund’s unitary fee structure, which includes minimum fees (such as those to the Sub-Adviser), regardless of whether the asset size of the Fund grows to a sufficient size. Based on this review, the Board concluded that the fees to be paid to WTAM and the Sub-Adviser supported the Board’s approval of the Agreements.

Analysis of Profitability and Economies of Scale. As the Fund had not yet commenced operations, WTAM representatives were not able to review the dollar amount of expenses allocated and profit received by WTAM, or any economies of scale. The Board considered potential benefits to WTAM and the Sub-Adviser from acting as investment adviser and sub-adviser, respectively. The Board also considered the uncertainty of the estimated asset levels and the renewal requirements for advisory agreements and their ability to review the advisory fees annually after the initial term of the Agreements. The Board determined that because the Fund had not yet commenced operations, economies of scale were not a factor, but, to the extent in the future it were determined that material economies of scale had not been shared with the Fund, the Board would seek to have those economies of scale shared with the Fund in connection with future renewals.

*  *  *  *  *  *

 

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

 

In evaluating the Agreements, the Board considered the conclusions and determinations discussed above and also relied on its knowledge, gained through meetings and other interactions with WTAM and the Sub-Adviser, of other funds advised by WTAM and the Sub-Adviser. In light of the foregoing, the Board, including a majority of the Independent Trustees, determined to approve the Agreements.

Approval of Investment Advisory and Sub-Advisory Agreement with respect to the WisdomTree Global ex-U.S. Hedged Real Estate Fund (the “Fund”)

At a meeting of the Board of Trustees (the “Board”) of the WisdomTree Trust (the “Trust”) held on September 21-22, 2015, the Trustees (the “Trustees”), including those Trustees who are not “interested persons” (as defined in the Investment Company Act of 1940, as amended) of the Trust (the “Independent Trustees”), considered the approval of the Investment Advisory Agreement (the “Advisory Agreement”), pursuant to which WisdomTree Asset Management, Inc. (“WTAM”) will provide the Fund with investment advisory services, and the Sub-Advisory Agreement (together with the Advisory Agreement, the “Agreements”), pursuant to which Mellon Capital Management Corporation (the “Sub-Adviser”) will coordinate the investment and reinvestment of the assets of the Fund.

In considering whether to approve the Agreements, the Trustees considered and discussed information and analysis provided by WTAM and Lipper, Inc., an independent provider of investment company data. The Independent Trustees were assisted in their review by independent legal counsel and met with counsel in executive session separate from WTAM representatives and the Sub-Adviser. In considering the approval of the Agreements, the Board considered all factors that it believed to be relevant, including those discussed below. The Board did not identify any one factor as dispositive, and each Trustee may have attributed different weights to the factors considered.

Analysis of Nature, Extent, and Quality of Services to be Provided to the Fund. The Board considered information provided to them at the meeting and in previous presentations throughout the year from WTAM representatives regarding the nature, extent, and quality of the services provided to the WisdomTree funds, recognizing WTAM’s and the Sub-Adviser’s operational capabilities and resources. The Board also discussed the proposed role of WisdomTree Investments, Inc. (“WTI”), the parent of WTAM, as index provider to the Fund. The Board noted that the strategies represented by the Fund is unique, based on WTI’s intellectual property and are only available for use by the Fund through WTAM. The Board noted WTAM’s belief that shareholders will invest in the Fund on the strength of WTI’s intellectual property and WTAM’s industry standing and reputation and with the expectation that WTAM will have a continuing role in providing advisory services to the Fund based on the WTI indexes. The Board also noted the extensive responsibilities that WTAM will have as investment adviser to the Fund, including: the selection of, and supervisory responsibilities and activities over, the Sub-Adviser, including oversight of the Sub-Adviser’s adherence to the Fund’s investment strategy and restrictions, monitoring of the Sub-Adviser’s buying and selling of securities and derivatives transactions, review of Sub-Adviser performance, review of proxies voted by the Sub-Adviser and oversight of, and the provision of consultation to, the Sub-Adviser with respect to the creation of custom creation or redemption baskets for authorized participants; oversight of the daily valuation of the Fund’s portfolio holdings; oversight of general Fund compliance with federal and state laws; and implementation of Board directives as they relate to the Fund. The Board also considered research support available to, and management capabilities of, the Fund’s management personnel and that WTAM will provide oversight of day-to-day Fund operations, including fund accounting, tax matters, administration, compliance and legal assistance in meeting disclosure and regulatory requirements.

Based on review of this information and the other factors considered at the meeting, the Board concluded that the nature, extent and quality of services to be provided by WTAM and the Sub-Adviser under the Advisory Agreement and Sub-Advisory Agreement, respectively, are adequate and appropriate and supported the Board’s approval of the Agreements.

Comparative Analysis of the Fund’s Performance, Advisory Fees and Fund Expenses. As the Fund had not yet commenced operations, the Board was not able to review the Fund’s performance. The Board discussed with WTAM representatives the portfolio management team and the investment strategies to be employed in the management of the Fund’s assets. The Board noted the reputation and experience of WTAM and the Sub-Adviser.

The Board considered the fees to be paid to WTAM by the Fund. The Board examined the fee to be paid by the Fund in light of fees paid to other investment advisers by comparable funds and the method of computing the Fund’s fee. The Board also considered the fee to be paid to the Sub-Adviser in relation to the fee to be paid to WTAM by the Fund and the respective services to be provided by the Sub-Adviser and WTAM. The Board also noted the Sub-Adviser’s fees will be paid by WTAM (out of its fees paid by the Fund) and not the Fund. The Board considered the meaningful differences in the services that WTAM will provide to the Fund as compared to the Sub-Adviser, including that the role of the Sub-Adviser in making investment recommendations with respect to the Fund is a rules-based function, with oversight by WTAM in seeking to ensure compliance with such rules. The Board also considered the entrepreneurial and expense risk to be borne by WTAM that is associated with the Fund’s unitary fee structure, which includes minimum fees (such as those to the Sub-Adviser), regardless of whether the asset size of the Fund grows to a sufficient size. Based on this review, the Board concluded that the fees to be paid to WTAM and the Sub-Adviser supported the Board’s approval of the Agreements.

 

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

 

Analysis of Profitability and Economies of Scale. As the Fund had not yet commenced operations, WTAM representatives were not able to review the dollar amount of expenses allocated and profit received by WTAM, or any economies of scale. The Board considered potential benefits to WTAM and the Sub-Adviser from acting as investment adviser and sub-adviser, respectively. The Board also considered the uncertainty of the estimated asset levels and the renewal requirements for advisory agreements and their ability to review the advisory fees annually after the initial term of the Agreements. The Board determined that because the Fund had not yet commenced operations, economies of scale were not a factor, but, to the extent in the future it were determined that material economies of scale had not been shared with the Fund, the Board would seek to have those economies of scale shared with the Fund in connection with future renewals.

*  *  *  *  *  *

In evaluating the Agreements, the Board considered the conclusions and determinations discussed above and also relied on its knowledge, gained through meetings and other interactions with WTAM and the Sub-Adviser, of other funds advised by WTAM and the Sub-Adviser. In light of the foregoing, the Board, including a majority of the Independent Trustees, determined to approve the Agreements.

 

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Trustees and Officers Information (unaudited)

 

The Board of Trustees has responsibility for the overall management and operations of the Funds, including general supervision of the duties performed by WTAM and other service providers. The Board of Trustees elects the officers of the Trust who are responsible for administering the Trust’s day-to-day operations. Each Trustee serves until his or her successor is duly elected or appointed and qualified.

The address of each Trustee and Officer is c/o WisdomTree Asset Management, Inc., 245 Park Avenue, 35th Floor, New York, NY 10167.

Independent Trustees

 

Name

and Year of Birth
of Trustee/Officer

 

Position(s) Held with
the Trust, Term of
Office and Length
of Time Served

 

Principal Occupation(s)
During the Past 5 Years

  Number of Portfolios
in Fund Complex
Overseen by Trustee/
Officer+
  Other
Directorships
Held by Trustee

During the Past
5 Years
David G. Chrencik*
(1948)
  Trustee, 2014- present   Chief Financial Officer of Sarus Indochina Select LP (hedge fund) since 2012; Chief Financial Officer of GeoGreen BioFuels, Inc. (biodiesel fuel producer) from 2010 to 2014; Audit Partner at PricewaterhouseCoopers LLP (public accounting firm) from 1972 to 2009 (includes positions prior to becoming Audit Partner and predecessor firms).   91   Trustee,
Vericimetry
Funds
(2011-2014)
Joel Goldberg**
(1945)
  Trustee, 2012- present  

Attorney, Of Counsel/Partner at Stroock

& Stroock & Lavan LLP, 2010 to present; Attorney, Partner at Willkie Farr & Gallagher LLP, 2006 to 2010.

  91   Director,
Better
Business
Bureau
(Metropolitan
New York,
Long Island
and the Mid-
Hudson
Region)
Toni Massaro***
(1955)
  Trustee, 2006- present   Dean Emerita at the University of Arizona James E. Rogers College of Law (“Rogers College of Law”) since 2009 (distinguished Emerita in July 2009); Dean at the Rogers College of Law from 1999 to 2009; Regents’ Professor at the Rogers College of Law since 1990.   91   None
Melinda A. Raso Kirstein
(1955)
  Trustee, 2014- present   Retired, Merrill Lynch Investment Management, Vice President; Senior Portfolio Manager, Fixed Income Management; Director, Tax Exempt Fund Management.   91   Associate
Alumnae of
Douglass
College,
Member of
Investment
Committee
Victor Ugolyn
(1947)
  Trustee, 2006- present; Chairman of the Board of Trustees, 2006- present   Private Investor, 2005 to present; President and Chief Executive Officer of William D. Witter, Inc. from 2005 to 2006; Consultant to AXA Enterprise in 2004; Chairman, President and Chief Executive Officer of Enterprise Capital Management (subsidiary of The MONY Group, Inc.) and Enterprise Group of Funds, Chairman of MONY Securities Corporation, and Chairman of the Fund Board of Enterprise Group of Funds from 1991 to 2004.   91   Member of the
Board of
Governors of
Naismith
Memorial
Basketball Hall
of Fame,
Member of the
Board of
Directors of
the New York
Society of
Security
Analysts
(NYSSA)

 

+ As of March 31, 2016.

 

* Chair of the Audit Committee.

 

** Chair of the Contracts Review Committee.

 

*** Chair of the Governance and Nominating Committee.

 

Chair of the Investment Committee.

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      241   


Table of Contents

Trustees and Officers Information (unaudited) (concluded)

 

Interested Trustee and Officers

 

Name

and Year of Birth
of Trustee/Officer

 

Position(s) Held with
the Trust, Term of
Office and Length
of Time Served

 

Principal Occupation(s)
During the Past 5 Years

  Number of Portfolios
in Fund Complex
Overseen by Trustee/
Officer+
 

Other
Directorships
Held by Trustee

During the Past
5 Years

Jonathan Steinberg****
(1964)
  Trustee, 2005- present President, 2005- present   President, WisdomTree Trust since 2005; President, WisdomTree Investments, Inc. and WisdomTree Asset Management, Inc.; Chief Executive Officer, WisdomTree Investments, Inc. and WisdomTree Asset Management, Inc.   91   Director, WisdomTree Investments, Inc. and WisdomTree Asset Management, Inc.
David Castano****
(1971)
  Treasurer, 2013- present   Director of Fund Accounting & Administration, WisdomTree Asset Management, Inc., since 2011; Vice President of Legg Mason & Co. and served as Treasurer from 2010 to 2011 and Controller from 2006 to 2010 of certain mutual funds associated with Legg Mason & Co.; Assistant Treasurer of Lord Abbett mutual funds from 2004 to 2006.   91   None
Terry Jane Feld****
(1960)
  Chief Compliance Officer, 2012- present  

Chief Compliance Officer, WisdomTree Asset Management, Inc. since 2012; Senior Compliance Officer, WisdomTree Asset Management since 2011; Senior Compliance Officer, TIAA-CREF, 2007 to 2010; Vice President/NASD-SEC Compliance, Mutual of America Life

Insurance Co., 2004 to 2007.

  91   None
Ryan Louvar****
(1972)
  Secretary and Chief Legal Officer, 2013- present   General Counsel, WisdomTree Asset Management, Inc. since 2013; Vice President and Senior Managing Counsel, State Street, 2005 to 2013.   91   None
Sarah English****
(1977)
  Assistant Secretary, 2013- present   Investment Management Counsel, WisdomTree Asset Management, Inc. since 2010 (includes prior positions at WisdomTree Asset Management, Inc.); Attorney, NYFIX, Inc. from 2006 to 2009.   91   None

Clint Martin****

(1977)

  Assistant Treasurer, 2015-present   Fund Manager, Fund Accounting & Administration, WisdomTree Asset Management, Inc., since 2012; Vice President of Legg Mason & Co. and served as Assistant Treasurer from 2010 to 2012 and Assistant Controller from 2006 to 2010 of certain mutual funds associated with Legg Mason & Co.   91   None

 

+ As of March 31, 2016.

 

**** Elected by and serves at the pleasure of the Board.

 

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


Table of Contents

Supplemental Information (unaudited)

 

Federal Income Tax Information

The following Federal tax information related to the Funds’ fiscal year or period ended March 31, 2016, is provided for information purposes only and should not be used for reporting to federal or state revenue agencies. Federal tax information for the calendar year will be reported to you on Form 1099-DIV in January 2017.

Certain dividends paid by the Funds may be subject to a maximum tax rate of 15%, as provided by the Jobs and Growth Tax Relief Reconciliation Act of 2003. Of the distributions paid during the fiscal year or period ended March 31, 2016, the following represents the maximum amount of ordinary income distributions that may be considered qualified dividend income:

 

Fund    Qualified Dividend
Income
 

Australia Dividend Fund

   $ 1,168,480   

Europe Hedged Equity Fund

     236,329,888   

Europe Hedged SmallCap Equity Fund

     5,746,507   

Europe Quality Dividend Growth Fund

     342,539   

Europe SmallCap Dividend Fund

     24,998,058   

Germany Hedged Equity Fund

     4,080,499   

Global ex-U.S. Hedged Dividend Fund1

     88,558   

Global ex-U.S. Hedged Real Estate Fund2

     7,362   

International Dividend ex-Financials Fund

     7,258,760   

International Equity Fund

     16,761,628   

International Hedged Equity Fund3

     34,502   

International Hedged Quality Dividend Growth Fund

     11,453,235   

International Hedged SmallCap Dividend Fund1

     43,767   

International High Dividend Fund

     8,950,123   

International LargeCap Dividend Fund

     10,025,703   

International MidCap Dividend Fund

     3,427,314   

International SmallCap Dividend Fund

     26,723,012   

Japan Hedged Capital Goods Fund

     65,860   

Japan Hedged Equity Fund

     322,406,344   

Japan Hedged Financials Fund

     152,945   

Japan Hedged Health Care Fund

     102,132   

Japan Hedged Quality Dividend Growth Fund4

     167,600   

Japan Hedged Real Estate Fund

     869,969   

Japan Hedged SmallCap Equity Fund

     2,525,540   

Japan Hedged Tech, Media and Telecom Fund

     48,068   

Japan Quality Dividend Growth Fund5

     21,482   

Japan SmallCap Dividend Fund

     4,387,792   

Korea Hedged Equity Fund

     52,830   

United Kingdom Hedged Equity Fund

     1,377,052   
  1 

For the period June 4, 2015 (commencement of operations) through March 31, 2016.

 

  2 

For the period October 29, 2015 (commencement of operations) through March 31, 2016.

 

  3 

For the period July 9, 2015 (commencement of operations) through March 31, 2016.

 

  4 

For the period April 9, 2015 (commencement of operations) through March 31, 2016.

 

  5 

For the period May 28, 2015 (commencement of operations) through March 31, 2016.

The Funds intend to elect to pass through to shareholders the credit for taxes paid during the fiscal year or period ended March 31, 2016, to foreign countries. The gross foreign source income and foreign taxes paid are as follows:

 

Fund    Gross Foreign
Income
     Foreign
Taxes Paid
 

Australia Dividend Fund

   $ 1,196,708       $ 12,833   

Europe Hedged Equity Fund

     241,752,201         20,649,034   

Europe Hedged SmallCap Equity Fund

     6,151,540         743,066   

Europe Quality Dividend Growth Fund

     368,422         28,702   

 

WisdomTree Developed World ex-U.S. and Currency Hedged Equity Funds      243   


Table of Contents

Supplemental Information (unaudited) (concluded)

 

Fund    Gross Foreign
Income
     Foreign
Taxes Paid
 

Europe SmallCap Dividend Fund

   $ 25,744,701       $ 2,006,630   

Germany Hedged Equity Fund

     4,254,451         545,906   

Global ex-U.S. Hedged Dividend Fund1

     133,140         12,688   

Global ex-U.S. Hedged Real Estate Fund2

     34,595         2,644   

International Dividend ex-Financials Fund

     7,641,766         343,779   

International Equity Fund

     18,293,731         884,172   

International Hedged Equity Fund3

     83,066         5,875   

International Hedged Quality Dividend Growth Fund

     14,944,882         823,633   

International Hedged SmallCap Dividend Fund1

     59,923         4,125   

International High Dividend Fund

     9,794,260         409,457   

International LargeCap Dividend Fund

     10,629,616         511,643   

International MidCap Dividend Fund

     4,031,414         224,432   

International SmallCap Dividend Fund

     30,489,401         2,431,345   

Japan Hedged Capital Goods Fund

     66,235         6,615   

Japan Hedged Equity Fund

     320,261,985         32,029,542   

Japan Hedged Financials Fund

     472,695         47,259   

Japan Hedged Health Care Fund

     230,509         23,051   

Japan Hedged Quality Dividend Growth Fund4

     384,588         41,873   

Japan Hedged Real Estate Fund

     1,440,326         140,417   

Japan Hedged SmallCap Equity Fund

     2,620,320         261,551   

Japan Hedged Tech, Media and Telecom Fund

     48,345         4,830   

Japan Quality Dividend Growth Fund5

     53,403         6,690   

Japan SmallCap Dividend Fund

     7,418,798         742,686   

Korea Hedged Equity Fund

     310,005         46,541   

United Kingdom Hedged Equity Fund

     1,397,377         14,180   
  1 

For the period June 4, 2015 (commencement of operations) through March 31, 2016.

 

  2 

For the period October 29, 2015 (commencement of operations) through March 31, 2016.

 

  3 

For the period July 9, 2015 (commencement of operations) through March 31, 2016.

 

  4 

For the period April 9, 2015 (commencement of operations) through March 31, 2016.

 

  5 

For the period May 28, 2015 (commencement of operations) through March 31, 2016.

 

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


Table of Contents

General Information (unaudited)

 

Proxy Voting Policies, Procedures and Record

A complete copy of the Proxy Voting Policy may be obtained by calling 1-866-909-WISE (9473) or writing to: WisdomTree Trust, c/o Foreside Fund Services, LLC, Three Canal Plaza Suite 100, Portland, ME, 04101.

The Trust is required to disclose annually the Funds’ complete proxy voting record on Form N-PX covering the most recent 12-month period ended June 30 and to file Form N-PX with the SEC no later than August 31 of each year. The current Form N-PX for the Funds is available at no charge upon request by calling 1-866-909-WISE (9473) or through the Trust’s website at www.wisdomtree.com. The Funds’ Form N-PX is also available on the SEC’s website at www.sec.gov.

Shareholder Reports and Quarterly Portfolio Disclosure

The Funds 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      245   


Table of Contents

The WisdomTree Family of Funds

The following is a list of WisdomTree Funds being offered, along with their respective ticker symbols, as of March 31, 2016:

 

WisdomTree Domestic Earnings and Dividend Funds

 

WisdomTree Dividend ex-Financials Fund (DTN)

 

WisdomTree Earnings 500 Fund (EPS)

 

WisdomTree High Dividend 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. Quality Dividend Growth Fund (DGRW)

 

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS)

 

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

 

WisdomTree Australia Dividend Fund (AUSE)

 

WisdomTree Dynamic Currency Hedged Europe Equity Fund (DDEZ)

 

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

 

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

 

WisdomTree Dynamic Currency Hedged Japan Equity Fund (DDJP)

 

WisdomTree Europe Hedged Equity Fund (HEDJ)

 

WisdomTree Europe Hedged SmallCap Equity Fund (EUSC)

 

WisdomTree Europe Local Recovery Fund (EZR)

 

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

 

WisdomTree Europe SmallCap Dividend Fund (DFE)

 

WisdomTree Germany Hedged Equity Fund (DXGE)

 

WisdomTree Global ex-U.S. Hedged Dividend Fund (DXUS)

 

WisdomTree Global ex-U.S. Hedged Real Estate Fund (HDRW)

 

WisdomTree Global Hedged SmallCap Dividend Fund (HGSD)

 

WisdomTree International Dividend ex-Financials Fund (DOO)

 

WisdomTree International Equity Fund (DWM)

 

WisdomTree International Hedged Equity Fund (HDWM)

 

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

 

WisdomTree International Hedged SmallCap Dividend Fund (HDLS)

 

WisdomTree International High Dividend Fund (DTH)

 

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 Quality Dividend Growth Fund (JHDG)

 

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 Quality Dividend Growth Fund (JDG)

 

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 ex-State-Owned Enterprises Fund (CXSE)

 

WisdomTree Commodity Country Equity Fund (CCXE)

 

WisdomTree Emerging Markets Consumer Growth Fund (EMCG)

 

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)

 

WisdomTree Emerging Markets High Dividend Fund (DEM)

 

WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)

 

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

 

WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)

 

WisdomTree Global ex-U.S. Real Estate Fund (DRW)

 

WisdomTree Global ex-U.S. Utilities Fund (DBU)

 

WisdomTree Global High Dividend Fund (DEW)

 

WisdomTree Global Natural Resources Fund (GNAT)

 

WisdomTree Global SmallCap Dividend Fund (GSD)

 

WisdomTree India Earnings Fund (EPI)

 

WisdomTree Middle East Dividend Fund (GULF)

 

WisdomTree Dollar Sensitive Equity Funds

 

WisdomTree Strong Dollar Emerging Markets Equity Fund (EMSD)

 

WisdomTree Strong Dollar U.S. Equity Fund (USSD)

 

WisdomTree Weak Dollar U.S. Equity Fund (USWD)

 

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 Enhanced Yield Fund (AGGY)

 

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 Japan Interest Rate Strategy Fund (JGBB)

 

WisdomTree Strategic Corporate Bond Fund (CRDT)

 

WisdomTree Western Asset Unconstrained Bond Fund (UBND)

 

WisdomTree Alternative Funds

 

WisdomTree CBOE S&P 500 PutWrite Strategy Fund (PUTW)

 

WisdomTree Coal Fund (TONS)

 

WisdomTree Continuous Commodity Index Fund (GCC)

 

WisdomTree Dynamic Bearish U.S. Equity Fund (DYB)

 

WisdomTree Dynamic Long/Short U.S. Equity Fund (DYLS)

 

WisdomTree Global Real Return Fund (RRF)

 

WisdomTree Managed Futures Strategy Fund (WDTI)


Table of Contents

The WisdomTree Funds are exchange traded funds (“ETFs”) registered with the United States Securities and Exchange Commission as separate series (“Funds”) of WisdomTree Trust (“Trust”). WisdomTree Asset Management, Inc., a wholly owned subsidiary of WisdomTree Investments, Inc., serves as the investment adviser to the Trust. None of the WisdomTree entities are affiliated with Foreside Fund Services, LLC, the Funds’ distributor. WisdomTree Investments, its affiliates and their independent providers are not liable for any informational errors, incompleteness, delays, or for any actions taken in reliance on information contained herein.

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.


Table of Contents

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 Europe Hedged Equity Fund (HEDJ)

WisdomTree Europe Hedged SmallCap Equity Fund (EUSC)

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

(formerly, WisdomTree Europe Dividend Growth Fund)

WisdomTree Europe SmallCap Dividend Fund (DFE)

WisdomTree Germany Hedged Equity Fund (DXGE)

WisdomTree Global ex-U.S. Hedged Dividend Fund (DXUS)

WisdomTree Global ex-U.S. Hedged Real Estate Fund (HDRW)

WisdomTree International Dividend ex-Financials Fund (DOO)

WisdomTree International Equity Fund (DWM)

(formerly, WisdomTree DEFA Fund)

WisdomTree International Hedged Equity Fund (HDWM)

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

(formerly, WisdomTree International Hedged Dividend Growth Fund)

WisdomTree International Hedged SmallCap Dividend Fund (HDLS)

WisdomTree International High Dividend Fund (DTH)

(formerly, WisdomTree DEFA Equity Income Fund)

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 Quality Dividend Growth Fund (JHDG)

(formerly, WisdomTree Japan Hedged Dividend Growth Fund)

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 Quality Dividend Growth Fund (JDG)

(formerly, WisdomTree Japan Dividend Growth Fund)

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 Foreside Fund Services, LLC, in the U.S. only.

WTGM-1422


Table of Contents

LOGO

 

LOGO

 

WisdomTree Trust

Global/Global ex-U.S. and Emerging/Frontier Markets Funds

 

Annual Report

March 31, 2016

WisdomTree Asia Pacific ex-Japan Fund (AXJL)

WisdomTree China ex-State-Owned Enterprises Fund (CXSE)

(formerly, WisdomTree China Dividend ex-Financials Fund (CHXF))

WisdomTree Commodity Country Equity Fund (CCXE)

WisdomTree Emerging Markets Consumer Growth Fund (EMCG)

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)

WisdomTree Emerging Markets High Dividend Fund (DEM)

(formerly, WisdomTree Emerging Markets Equity Income Fund)

WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)

(formerly, WisdomTree Emerging Markets Dividend Growth Fund)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)

(formerly, WisdomTree Global ex-U.S. Dividend Growth Fund)

WisdomTree Global ex-U.S. Real Estate Fund (DRW)

WisdomTree Global ex-U.S. Utilities Fund (DBU)

WisdomTree Global High Dividend Fund (DEW)

(formerly, WisdomTree Global Equity Income Fund)

WisdomTree Global Natural Resources Fund (GNAT)

WisdomTree India Earnings Fund (EPI)

WisdomTree Middle East Dividend Fund (GULF)


Table of Contents

Table of Contents

 

 

Management’s Discussion of Funds’ Performance (unaudited)

       1   

Performance Summaries (unaudited)

       3   

Description of Indexes (unaudited)

       18   

Shareholder Expense Examples (unaudited)

       21   
Schedules of Investments     

WisdomTree Asia Pacific ex-Japan Fund

       23   

WisdomTree China ex-State-Owned Enterprises Fund

       26   

WisdomTree Commodity Country Equity Fund

       28   

WisdomTree Emerging Markets Consumer Growth Fund

       31   

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund

       34   

WisdomTree Emerging Markets High Dividend Fund

       39   

WisdomTree Emerging Markets Quality Dividend Growth Fund

       43   

WisdomTree Emerging Markets SmallCap Dividend Fund

       47   

WisdomTree Global ex-U.S. Quality Dividend Growth Fund

       54   

WisdomTree Global ex-U.S. Real Estate Fund

       58   

WisdomTree Global ex-U.S. Utilities Fund

       61   

WisdomTree Global High Dividend Fund

       63   

WisdomTree Global Natural Resources Fund

       70   

WisdomTree India Earnings Fund (consolidated)

       72   

WisdomTree Middle East Dividend Fund

       76   

Statements of Assets and Liabilities

       78   

Statements of Operations

       81   

Statements of Changes in Net Assets

       84   

Financial Highlights

       89   

Notes to Financial Statements

       97   

Report of Independent Registered Public Accounting Firm

       116   

Trustees and Officers Information (unaudited)

       117   

Supplemental Information (unaudited)

       119   

General Information (unaudited)

       121   

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


Table of Contents

Management’s Discussion of Funds’ Performance (unaudited)

 

Market Environment Overview

The emerging markets, measured by the MSCI Emerging Markets Index, a broad measure of equity performance for emerging markets, returned -12.03% in the 12-month period that ended March 31, 2016 (the “period”). The global ex-U.S. equity markets, measured by the MSCI ACWI ex-USA Index, a broad measure of equity performance for both developed and emerging markets excluding the U.S., returned -9.19% over the period. Both the MSCI Emerging Markets Index and MSCI ACWI ex-USA Index lagged the S&P 500 Index by 13.81% and 10.97%, respectively. In local terms, the MSCI Emerging Markets Index and MSCI ACWI ex-USA Index returned -7.70% and -10.29%, respectively. It is important to note the variations in the returns of these international exposures in both U.S. dollar and local terms. Particularly within the emerging markets, the prolonged decline in commodities prices led to significant losses in the relative value of many emerging market currencies relative to the U.S. dollar over the period. This headwind was a significant detractor on the returns experienced by U.S. investors holding emerging market securities.

Within the MSCI Emerging Markets Index, in local currency terms, nine out of ten sectors were negative. The Consumer Staples and Energy sectors led performance while the Industrials and Financials sectors lagged most heavily. Within the MSCI ACWI ex-USA Index, in local currency terms, nine out of ten sectors were negative, with the Consumer Staples and Utilities sectors leading and Materials and the Financials sectors lagging. It is particularly important to note the effects of a strong U.S. dollar which adversely impacted commodity prices over the period.

WisdomTree Fund’s Performance Overview

The following table reflects the WisdomTree Funds’ performance versus capitalization-weighted benchmark indexes:

 

Ticker   WisdomTree Fund   1-Year
NAV Return
  Performance Benchmark   1-Year
Return
       Difference

AXJL

  WisdomTree Asia Pacific ex-Japan Fund   -12.06%   MSCI Pacific ex-Japan/MSCI AC Asia Pacific ex-Japan Spliced Index     -11.58%         -0.48%

CXSE

  WisdomTree China ex-State-Owned Enterprises Fund   -13.40%   FTSE China 50 Index     -20.80%         7.40%

CCXE

  WisdomTree Commodity Country Equity Fund   -8.30%   S&P Global 1200 Materials Sector/S&P Developed Ex-U.S. BMI Materials Sector; MSCI ACWI ex-USA Spliced Index     -9.19%         0.89%

EMCG

  WisdomTree Emerging Markets Consumer Growth Fund   -15.21%   MSCI Emerging Markets Index     -12.03%         -3.18%

XSOE

  WisdomTree Emerging Markets ex-State-Owned Enterprises Fund   -11.69%   MSCI Emerging Markets Index     -12.03%         0.34%

DEM

  WisdomTree Emerging Markets High Dividend Fund   -14.07%   MSCI Emerging Markets Index     -12.03%         -2.04%

DGRE

  WisdomTree Emerging Markets Quality Dividend Growth Fund   -9.89%   MSCI Emerging Markets Index     -12.03%         2.14%

DGS

  WisdomTree Emerging Markets SmallCap Dividend Fund   -12.20%   MSCI Emerging Markets Small Cap Index     -9.20%         -3.00%

DNL

  WisdomTree Global ex-U.S. Quality Dividend Growth Fund   -5.42%   MSCI Japan Value/MSCI AC World ex-USA Growth Spliced Index     -6.08%         0.66%

DRW

  WisdomTree Global ex-U.S. Real Estate Fund   -3.89%   Dow Jones Global ex-U.S. Select Real Estate Securities Index     -1.16%         -2.73%

DBU

  WisdomTree Global ex-U.S. Utilities Fund   -5.18%   S&P Global 1200 Utilities Sector/S&P Developed ex-U.S. BMI Utilities Sector Spliced Index     0.40%         -5.58%

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      1   


Table of Contents

Management’s Discussion of Funds’ Performance

(unaudited) (concluded)

 

Ticker   WisdomTree Fund   1-Year
NAV Return
  Performance Benchmark   1-Year
Return
       Difference

DEW

  WisdomTree Global High Dividend Fund   -3.77%   MSCI Europe Value/MSCI AC World Spliced Index     -4.34%         0.57%

GNAT

  WisdomTree Global Natural Resources Fund   -21.91%   S&P Global 1200 Energy Sector/S&P Developed Ex-U.S. BMI Energy Sector/S&P Global Natural Resources Spliced Index     -15.30%         -6.61%

EPI

  WisdomTree India Earnings Fund   -13.31%   MSCI India Index     -13.15%         -0.16%

GULF

  WisdomTree Middle East Dividend Fund   -11.57%   MSCI Arabian Markets ex-Saudi Arabia Index     -11.79%         0.22%

WisdomTree’s emerging market and global ex-U.S. fundamentally-weighted funds are designed to track indexes based on the dividend or earnings stream generated by the companies included in the index. The dividend stream is defined as the sum of all dividends paid over the prior 12 months for each company. The earnings stream is defined as the total dollar level of earnings for all companies within each Index. There are two primary factors that drive performance differentials versus market cap-weighted benchmarks. The first is aggregate exposure to one or more sectors or countries. The second is stock selection within each sector or country. Both of these are determined as part of WisdomTree’s rules-based index methodology. These exposures are not subjectively determined. Rather, they are objectively determined at the Index rebalancing dates based on the dividend stream or earnings stream.

While the overall emerging markets lagged both the broad U.S. and developed international markets, there was a noticeable difference in performance between the different sectors and countries. The WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE) was the best performing fund over the full period, outperforming broader emerging markets by 2.14%. The fundamental screens for return on equity and return on assets led DGRE to have significant underweights in more traditionally leveraged sectors such as Financials and Energy. The WisdomTree China ex-State-Owned Enterprises Fund (CXSE) outperformed its performance benchmark, the FTSE China 50 Index by 7.40%. China was an area of particular focus over the period as concerns mounted over the country’s economic growth rate and state level intervention in financial markets. CXSE’s strategy aims to screen out companies which the state owns 20% or more of which led to overweights in Information Technology and Consumer Discretionary and underweights in Financials and Energy.

Among the WisdomTree global and global-ex U.S. funds, the WisdomTree Global High Dividend Fund (DEW) and WisdomTree Global ex-U.S. Real Estate Fund (DRW) were the best performing funds over the period, returning -3.77% and -3.89% respectively. Around the world, interest rates remained low causing investors to seek out income alternatives to fixed income. The worst performing fund over the period was the WisdomTree Global Natural Resources Fund (GNAT), which returned -21.91% over the period. The fund invests heavily in the Energy and Materials sectors, which were the two worst performing sectors over the period, driven by lower oil prices, a stronger dollar and slower than expected global growth.

Fund returns are shown at NAV. Please see Performance Summaries on the subsequent pages for more complete performance information. Please see pages 18-20 for the list of index descriptions.

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

 

2   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Performance Summary (unaudited)

WisdomTree Asia Pacific ex-Japan Fund (AXJL)

 

Sector Breakdown as of 3/31/16

 

Sector   % of Net Assets  

Financials

    23.5%   

Telecommunication Services

    18.6%   

Information Technology

    13.6%   

Materials

    8.5%   

Energy

    8.0%   

Industrials

    6.8%   

Consumer Staples

    6.6%   

Utilities

    5.0%   

Consumer Discretionary

    4.6%   

Investment Company

    3.1%   

Healthcare

    1.1%   

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 3/31/16

 

Description   % of Net Assets  

China Mobile Ltd.

    5.7%   

Taiwan Semiconductor Manufacturing Co., Ltd.

    4.3%   

China Construction Bank Corp., Class H

    3.0%   

iPath MSCI India Index ETN

    2.9%   

BHP Billiton Ltd.

    2.7%   

Samsung Electronics Co., Ltd.

    2.7%   

Telstra Corp., Ltd.

    2.6%   

CNOOC Ltd.

    2.4%   

Singapore Telecommunications Ltd.

    2.1%   

Commonwealth Bank of Australia

    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 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 -12.06% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in South Korea. The Fund’s position in Australia created the greatest drag on performance.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.48%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       -12.06      -2.72      0.01      5.62

Fund Market Price Returns

       -12.46      -3.02      -0.12      5.58

WisdomTree Pacific ex-Japan Dividend/Asia Pacific ex-Japan Spliced Index2

       -11.84      -2.53      0.45      6.48

MSCI Pacific ex-Japan/MSCI AC Asia Pacific ex-Japan Spliced Index3

       -11.58      -1.25      -0.15      5.35
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.

 

LOGO

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 China ex-State-Owned Enterprises Fund (CXSE)

(formerly, WisdomTree China Dividend ex-Financials Fund)

 

Sector Breakdown as of 3/31/16

 

Sector   % of Net Assets  

Information Technology

    34.8%   

Consumer Discretionary

    29.2%   

Financials

    19.7%   

Consumer Staples

    8.8%   

Healthcare

    4.6%   

Industrials

    2.9%   

Other Assets less Liabilities

    0.0%   

Total

    100.0%   

 

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

 

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

Top Ten Holdings* as of 3/31/16

 

Description   % of Net Assets  

Baidu, Inc., ADR

    9.0%   

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

    8.9%   

JD.com, Inc., ADR

    8.7%   

Alibaba Group Holding Ltd., ADR

    8.0%   

Tencent Holdings Ltd.

    7.8%   

Ctrip.com International Ltd., ADR

    5.8%   

Hengan International
Group Co., Ltd.

    2.6%   

China Minsheng Banking Corp., Ltd., Class H

    2.3%   

NetEase, Inc., ADR

    2.3%   

WH Group Ltd.

    1.9%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree China ex-State-Owned Enterprises Fund (the ‘‘Fund’’), seeks to track the price and yield performance, before fees and expenses, of the WisdomTree China ex-State-Owned Enterprises Index.

The Fund returned -13.40% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in the Utilities sector. The Fund’s position in the Financials sector created the greatest drag on performance.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s net and gross annual expense ratios were 0.53% and 0.63%, respectively. WisdomTree Asset Management, Inc. has contractually agreed to limit the management fee to 0.53% effective July 1, 2015 through July 31, 2016, unless earlier terminated by the Board of Trustees of the Trust for any reason at any time.

Performance as of 3/31/16

 

      Average Annual Total Return  
      1 Year     3 Year     Since
Inception1
 

Fund NAV Returns

     -13.40     -0.91     0.27

Fund Market Price Returns

     -14.50     -1.18     -0.20

WisdomTree China Dividend ex-Financials/China ex-State-Owned Enterprises Spliced Index2

     -11.03     0.19     1.28

MSCI China Index

     -18.84     0.94     3.01

FTSE China 50 Index

     -20.80     0.68     2.26
1 

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on September 19, 2012.

2 

WisdomTree China Dividend ex-Financials Index through June 30, 2015; WisdomTree China ex-State-Owned Enterprises Index thereafter.

 

LOGO

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 Commodity Country Equity Fund (CCXE)

 

Sector Breakdown as of 3/31/16

 

Sector   % of Net Assets  

Financials

    24.3%   

Energy

    20.6%   

Telecommunication Services

    12.1%   

Materials

    11.4%   

Consumer Staples

    9.7%   

Utilities

    8.0%   

Industrials

    4.9%   

Consumer Discretionary

    4.8%   

Healthcare

    1.8%   

Investment Company

    1.1%   

Information Technology

    0.6%   

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 3/31/16

 

Description   % of Net Assets  

Statoil ASA

    5.6%   

Ambev S.A.

    3.9%   

Spark New Zealand Ltd.

    3.2%   

Gazprom PAO, ADR

    2.8%   

MMC Norilsk Nickel PJSC, ADR

    2.3%   

Lukoil PJSC, ADR

    2.3%   

MTN Group Ltd.

    2.0%   

Meridian Energy Ltd.

    1.9%   

Fletcher Building Ltd.

    1.8%   

Rosneft OAO, GDR Reg S

    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 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 -8.30% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please the table below). The Fund benefited the most from its position in New Zealand. The Fund’s position in South Africa created the greatest drag on performance.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.58%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       -8.30      -7.79      -4.03      1.89

Fund Market Price Returns

       -8.26      -7.97      -4.27      1.71

WisdomTree International Basic Materials Sector/Commodity Country Equity Spliced Index2

       -7.92      -7.44      -3.65      2.47

S&P Global 1200 Materials Sector/S&P Developed ex-U.S. BMI Materials Sector/MSCI ACWI ex-USA Spliced Index3

       -9.19      0.32      -0.27      5.42
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on October 13, 2006.

 

2 

WisdomTree International Basic Materials Sector Index through June 17, 2011; WisdomTree Commodity Country Equity Index thereafter.

 

3 

S&P Global 1200 Materials Sector Index through March 31, 2008; S&P Developed ex-U.S. BMI Materials Sector Index through June 17, 2011; MSCI ACWI ex-USA Index thereafter.

 

LOGO

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 Consumer Growth Fund (EMCG)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Consumer Discretionary

    32.3%   

Consumer Staples

    28.5%   

Financials

    14.3%   

Information Technology

    12.0%   

Telecommunication Services

    4.5%   

Utilities

    4.2%   

Industrials

    3.1%   

Healthcare

    0.7%   

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 3/31/16

 

Description   % of Net Assets  

Ambev S.A.

    8.1%   

Hyundai Mobis Co., Ltd.

    6.1%   

Alibaba Group Holding Ltd., ADR

    2.8%   

Astra International Tbk PT

    2.4%   

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

    2.2%   

LG Display Co., Ltd.

    2.0%   

MTN Group Ltd.

    1.9%   

KT&G Corp.

    1.8%   

BB Seguridade Participacoes S.A.

    1.8%   

Magnit PJSC, GDR Reg S

    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 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 -15.21% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in Mexico. The Fund’s position in China created the greatest drag on performance.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.63%.

Performance as of 3/31/16

 

        Average Annual Total Return  
        1 Year      Since
Inception1
 

Fund NAV Returns

       -15.21      -5.40

Fund Market Price Returns

       -15.86      -5.91

WisdomTree Emerging Markets Consumer Growth Index

       -14.93      -4.72

MSCI Emerging Markets Index

       -12.03      -4.76
1 

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on September 27, 2013.

 

LOGO

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 ex-State-Owned Enterprises Fund (XSOE)

 

Sector Breakdown as of 3/31/16

 

Sector   % of Net Assets  

Information Technology

    27.0%   

Financials

    20.9%   

Consumer Discretionary

    14.6%   

Consumer Staples

    11.1%   

Materials

    6.3%   

Industrials

    6.0%   

Telecommunication Services

    4.5%   

Healthcare

    4.1%   

Energy

    3.8%   

Utilities

    1.3%   

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 3/31/16

 

Description   % of Net Assets  

Tencent Holdings Ltd.

    5.3%   

Alibaba Group Holding Ltd., ADR

    4.0%   

Samsung Electronics Co., Ltd.

    3.2%   

Baidu, Inc., ADR

    2.7%   

Taiwan Semiconductor Manufacturing Co., Ltd.

    2.3%   

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

    1.9%   

Naspers Ltd., Class N

    1.6%   

JD.com, Inc., ADR

    1.5%   

Reliance Industries Ltd., GDR

    1.1%   

Lukoil PJSC, ADR

    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 Emerging Markets ex-State-Owned Enterprises Fund (the ‘‘Fund’’) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Emerging Markets ex-State-Owned Enterprises Index.

The Fund returned -11.69% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund’s position in Hungary contributed the most positively to performance. The Fund’s position in India created the greatest drag on performance.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.58%.

Performance as of 3/31/16

 

        Average Annual Total Return  
        1 Year      Since
Inception1
 

Fund NAV Returns

       -11.69      -7.28

Fund Market Price Returns

       -12.00      -7.09

WisdomTree Emerging Markets ex-State-Owned Enterprises Index

       -9.21      -5.13

MSCI Emerging Markets Index

       -12.03      -7.83
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on December 10, 2014.

LOGO

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 Emerging Markets High Dividend Fund (DEM)

(formerly, WisdomTree Emerging Markets Equity Income Fund)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Financials

    24.5%   

Energy

    16.1%   

Telecommunication Services

    14.4%   

Materials

    14.3%   

Information Technology

    12.4%   

Utilities

    6.4%   

Consumer Discretionary

    5.4%   

Industrials

    4.8%   

Consumer Staples

    1.2%   

Healthcare

    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. 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 3/31/16

 

Description   % of Net Assets  

CNOOC Ltd.

    4.1%   

Gazprom PAO, ADR

    3.8%   

MMC Norilsk Nickel PJSC, ADR

    3.1%   

Lukoil PJSC, ADR

    3.1%   

China Construction Bank Corp., Class H

    2.5%   

Chunghwa Telecom Co., Ltd.

    2.0%   

Industrial & Commercial Bank of China Ltd., Class H

    2.0%   

MTN Group Ltd.

    1.7%   

MediaTek, Inc.

    1.6%   

Vale S.A.

    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 Emerging Markets High Dividend Fund (the ‘‘Fund’’) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Emerging Markets High Dividend Index. Prior to August 31, 2015, the WisdomTree Emerging Markets High Dividend Index was named the WisdomTree Emerging Markets Equity Income Index.

The Fund returned -14.07% for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in South Korea. The Fund’s position in China created the greatest drag on performance.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.63%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       -14.07      -9.95      -6.49      -0.17

Fund Market Price Returns

       -14.13      -10.25      -6.77      -0.56

WisdomTree Emerging Markets High Dividend Index

       -13.26      -8.92      -5.46      0.86

MSCI Emerging Markets Index

       -12.03      -4.50      -4.13      -1.25
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on July 13, 2007.

 

LOGO

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 Emerging Markets Quality Dividend Growth Fund (DGRE)

(formerly, WisdomTree Emerging Markets Dividend Growth Fund)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Information Technology

    18.0%   

Financials

    17.2%   

Consumer Staples

    16.1%   

Consumer Discretionary

    14.1%   

Telecommunication Services

    12.5%   

Industrials

    9.2%   

Investment Company

    3.7%   

Healthcare

    2.4%   

Materials

    2.3%   

Energy

    2.2%   

Utilities

    1.9%   

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 3/31/16

 

Description   % of Net Assets  

Taiwan Semiconductor Manufacturing Co., Ltd.

    6.3%   

Ambev S.A.

    5.3%   

Evergrande Real Estate Group Ltd.

    4.7%   

iPath MSCI India Index ETN

    3.7%   

BB Seguridade Participacoes S.A.

    3.5%   

Vodacom Group Ltd.

    3.2%   

Advanced Info Service PCL, NVDR

    3.1%   

Telekomunikasi Indonesia Persero Tbk PT

    3.0%   

China Overseas Land & Investment Ltd.

    2.6%   

Tencent Holdings Ltd.

    1.9%   
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes investment of cash collateral for securities on loan (if any).

The WisdomTree Emerging Markets Quality Dividend Growth Fund (the ‘‘Fund’’) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Emerging Markets Quality Dividend Growth Index. Prior to August 31, 2015, the WisdomTree Emerging Markets Quality Dividend Growth Index was named the WisdomTree Emerging Markets Dividend Growth Index.

The Fund returned -9.89% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in South Korea. The Fund’s position in South Africa created the greatest drag on performance.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.63%.

Performance as of 3/31/16

 

        Average Annual Total Return  
        1 Year        Since
Inception1
 

Fund NAV Returns

       -9.89        -4.38

Fund Market Price Returns

       -10.21        -5.15

WisdomTree Emerging Markets Quality Dividend Growth Index

       -9.20        -3.47

MSCI Emerging Markets Index

       -12.03        -2.64
1 

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on August 1, 2013.

 

LOGO

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 Emerging Markets SmallCap Dividend Fund (DGS)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Financials

    21.5%   

Information Technology

    18.1%   

Consumer Discretionary

    16.0%   

Industrials

    14.2%   

Materials

    11.0%   

Consumer Staples

    6.3%   

Utilities

    5.6%   

Energy

    2.9%   

Healthcare

    2.7%   

Telecommunication Services

    0.6%   

Investment Company

    0.6%   

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 3/31/16

 

Description   % of Net Assets  

Inventec Corp.

    1.0%   

Cia Siderurgica Nacional S.A.

    0.9%   

Novatek Microelectronics Corp.

    0.9%   

Transmissora Alianca de Energia Eletrica S.A.

    0.8%   

CIFI Holdings Group Co., Ltd.

    0.7%   

Synnex Technology International Corp.

    0.7%   

Ruentex Industries Ltd.

    0.7%   

KWG Property Holding Ltd.

    0.6%   

Coronation Fund Managers Ltd.

    0.6%   

WPG Holdings Ltd.

    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 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 -12.20% for the fiscal ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in Brazil. The Fund’s position in China created the greatest drag on performance.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.63%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       -12.20      -6.70      -3.51      -0.34

Fund Market Price Returns

       -12.02      -7.06      -3.65      -0.37

WisdomTree Emerging Markets SmallCap Dividend Index

       -11.21      -5.74      -2.37      0.81

MSCI Emerging Markets Small Cap Index

       -9.20      -2.69      -2.56      -1.24
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on October 30, 2007.

 

LOGO

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. Quality Dividend Growth Fund (DNL)

(formerly, WisdomTree Global ex-U.S. Dividend Growth Fund)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Consumer Discretionary

    18.1%   

Consumer Staples

    15.7%   

Information Technology

    15.2%   

Financials

    12.6%   

Healthcare

    10.0%   

Industrials

    9.8%   

Energy

    5.9%   

Materials

    4.0%   

Telecommunication Services

    2.9%   

Utilities

    2.8%   

Investment Company

    2.5%   

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 3/31/16

 

Description   % of Net Assets  

Taiwan Semiconductor Manufacturing Co., Ltd.

    6.1%   

Ambev S.A.

    5.1%   

Gazprom PAO, ADR

    4.6%   

Imperial Brands PLC

    4.2%   

Novo Nordisk A/S, Class B

    2.9%   

Industria de Diseno Textil S.A.

    2.9%   

Hennes & Mauritz AB, Class B

    2.5%   

iPath MSCI India Index ETN

    2.4%   

Evergrande Real Estate Group Ltd.

    2.3%   

Roche Holding AG, Bearer Shares

    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 Global ex-U.S. Quality Dividend Growth Fund (the ‘‘Fund’’) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global ex-U.S. Quality Dividend Growth Index. Prior to August 31, 2015, the WisdomTree Global ex-U.S. Quality Dividend Growth Index was named the WisdomTree Global ex-U.S. Dividend Growth Index.

The Fund returned -5.42% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in the United Kingdom. The Fund’s position in South Africa created the greatest drag on performance.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.58%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       -5.42      -0.94      -0.65      1.81

Fund Market Price Returns

       -6.28      -1.28      -0.95      1.78

WisdomTree Japan Equity Income/Global ex-U.S. Quality Dividend Growth Spliced Index2

       -4.93      -0.40      0.03      2.38

MSCI Japan Value/MSCI AC World ex-USA Growth Spliced Index3

       -6.08      1.92      1.60      3.46
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. Quality Dividend Growth Index thereafter.

 

3 

MSCI Japan Value Index through June 19, 2009; MSCI AC World ex-USA Growth Index thereafter.

 

LOGO

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 ex-U.S. Real Estate Fund (DRW)

 

Industry Breakdown† as of 3/31/16

 

Industry   % of Net Assets  

Real Estate Management & Development

    52.2%   

Real Estate Investment Trusts (REITs)

    47.4%   

Investment Company

    0.1%   

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 3/31/16

 

Description   % of Net Assets  

Evergrande Real Estate Group Ltd.

    3.8%   

Sun Hung Kai Properties Ltd.

    3.4%   

Unibail-Rodamco SE

    3.3%   

Scentre Group

    2.8%   

Country Garden Holdings Co., Ltd.

    2.1%   

China Overseas Land & Investment Ltd.

    2.1%   

Wharf Holdings Ltd. (The)

    2.0%   

Link REIT

    1.7%   

Westfield Corp.

    1.7%   

Stockland

    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 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 -3.89% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in Australia. The Fund’s position in Hong Kong created the greatest drag on performance.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.58%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       -3.89      1.58      4.29      -1.12

Fund Market Price Returns

       -3.78      1.32      4.16      -1.26

WisdomTree International Real Estate/Global ex-U.S. Real Estate Spliced Index2

       -3.74      1.76      4.45      -0.97

Dow Jones Global ex-U.S. Select Real Estate Securities Index

       -1.16         2.71         6.18         -0.75   
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.

 

LOGO

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 Global ex-U.S. Utilities Fund (DBU)

 

Industry Breakdown† as of 3/31/16

 

Industry   % of Net Assets  

Electric Utilities

    37.2%   

Independent Power & Renewable Electricity Producers

    23.2%   

Multi-Utilities

    17.5%   

Gas Utilities

    14.1%   

Water Utilities

    6.7%   

Investment Company

    1.0%   

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 3/31/16

 

Description   % of Net Assets  

Fortum Oyj

    2.5%   

Snam SpA

    2.2%   

Meridian Energy Ltd.

    2.1%   

Contact Energy Ltd.

    2.1%   

Engie S.A.

    2.1%   

CEZ AS

    2.0%   

E.ON SE

    2.0%   

SSE PLC

    1.9%   

TransAlta Corp.

    1.9%   

Tractebel Energia S.A.

    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 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 -5.18% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in Italy. The Fund’s position in China created the greatest drag on performance.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.58%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       -5.18      0.47      -1.55      -0.70

Fund Market Price Returns

       -5.74      0.15      -1.72      -0.86

WisdomTree International Utilities Sector/Global ex-U.S. Utilities Spliced Index2

       -4.87      0.74      -1.49      -0.52

S&P Global 1200 Utilities/S&P Developed ex-U.S. BMI Utilities Spliced Index3

       0.40      4.75      -0.06      -0.21
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on October 13, 2006.

 

2 

WisdomTree International Utilities Sector Index through June 17, 2011; WisdomTree Global ex-U.S. Utilities Index thereafter.

3 

S&P Global 1200 Utilities Sector Index through March 31, 2008; S&P Developed ex-U.S. BMI Utilities Sector Index thereafter.

 

LOGO

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 Global High Dividend Fund (DEW)

(formerly, WisdomTree Global Equity Income Fund)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Financials

    23.3%   

Energy

    13.8%   

Telecommunication Services

    11.0%   

Consumer Staples

    10.1%   

Utilities

    8.9%   

Industrials

    7.6%   

Healthcare

    7.4%   

Consumer Discretionary

    6.9%   

Information Technology

    5.9%   

Materials

    4.6%   

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 3/31/16

 

Description   % of Net Assets  

Exxon Mobil Corp.

    3.1%   

AT&T, Inc.

    3.0%   

Verizon Communications, Inc.

    2.7%   

General Electric Co.

    2.6%   

Johnson & Johnson

    2.2%   

Chevron Corp.

    2.2%   

Procter & Gamble Co. (The)

    1.9%   

Philip Morris International, Inc.

    1.8%   

Pfizer, Inc.

    1.5%   

Coca-Cola Co. (The)

    1.5%   
* 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 Global High Dividend Fund (the ‘‘Fund’’) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global High Dividend Index. Prior to August 31, 2015, the WisdomTree Global High Dividend Index was named the WisdomTree Global Equity Income Index.

The Fund returned -3.77% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the 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 table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.58%.

Performance as of 3/31/16

 

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

Fund NAV Returns

     -3.77      1.75      2.52      2.38

Fund Market Price Returns

     -4.05      1.33      2.28      2.25

WisdomTree Europe Equity Income/Global High Dividend Spliced Index2

     -4.10      1.79      2.57      2.63

MSCI Europe Value/MSCI AC World Spliced Index3

     -4.34      5.54      5.22      3.55
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 High Dividend Index thereafter.

 

3 

MSCI Europe Value Index through June 19, 2009; MSCI AC World Index thereafter.

 

LOGO

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

Performance Summary (unaudited)

WisdomTree Global Natural Resources Fund (GNAT)

 

Industry Breakdown† as of 3/31/16

 

Industry   % of Net Assets  

Oil, Gas & Consumable Fuels

    48.8%   

Metals & Mining

    23.9%   

Chemicals

    12.1%   

Energy Equipment & Services

    9.1%   

Food Products

    4.6%   

Investment Company

    1.1%   

Other Assets less Liabilities

    0.4%   

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 3/31/16

 

Description   % of Net Assets  

Teck Resources Ltd., Class B

    3.1%   

MMC Norilsk Nickel PJSC, ADR

    2.7%   

Woodside Petroleum Ltd.

    2.7%   

Royal Dutch Shell PLC, Class B

    2.6%   

Vale S.A.

    2.3%   

BP PLC

    2.3%   

Royal Dutch Shell PLC, Class A

    2.2%   

CNOOC Ltd.

    2.2%   

Repsol S.A.

    2.2%   

Lukoil PJSC, ADR

    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 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 -21.91% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in France. The Fund’s position in the United States of America created the greatest drag on performance.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.58%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       -21.91      -16.67      -13.94      -4.43

Fund Market Price Returns

       -22.28      -16.77      -14.03      -4.55

WisdomTree International Energy Sector/Global Natural Resources Spliced Index2

       -21.66      -16.42      -13.61      -4.09

S&P Global 1200 Energy Sector/S&P Developed ex-U.S. BMI Energy Sector/S&P Global Natural Resources Spliced Index3

       -15.30      -8.78      -8.52      -0.55
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on October 13, 2006.

 

2 

WisdomTree International Energy Sector Index through June 17, 2011; WisdomTree Global Natural Resources Index thereafter.

 

3 

S&P Global 1200 Energy Sector Index through March 31, 2008; S&P Developed ex-U.S. BMI Energy Sector Index through June 17, 2011; S&P Global Natural Resources Index thereafter.

 

LOGO

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      15   


Table of Contents

Performance Summary (unaudited)

WisdomTree India Earnings Fund (EPI)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Financials

    23.1%   

Information Technology

    19.5%   

Energy

    18.7%   

Consumer Discretionary

    9.9%   

Materials

    6.2%   

Utilities

    5.4%   

Healthcare

    5.3%   

Consumer Staples

    4.7%   

Industrials

    4.5%   

Telecommunication Services

    2.6%   

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 3/31/16

 

Description    % of Net Assets  

Reliance Industries Ltd.

     10.8

Infosys Ltd.

     9.2

Housing Development Finance Corp., Ltd.

     5.3

Tata Motors Ltd.

     4.3

Tata Consultancy Services Ltd.

     3.7

ICICI Bank Ltd.

     3.3

Oil & Natural Gas Corp., Ltd.

     2.9

Axis Bank Ltd.

     2.4

HCL Technologies Ltd.

     1.9

NTPC Ltd.

     1.9
* The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. 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 -13.31% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in the Energy sector. The Fund’s position in the Financials sector created the greatest drag on performance.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.83%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       -13.31      3.70      -3.90      -2.25

Fund Market Price Returns

       -13.42      3.88      -3.75      -2.29

WisdomTree India Earnings Index

       -12.16      4.83      -2.65      -0.93

MSCI India Index

       -13.15      3.82      -1.88      -1.14
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on February 22, 2008.

 

LOGO

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 Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Performance Summary (unaudited)

WisdomTree Middle East Dividend Fund (GULF)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Financials

    59.0%   

Telecommunication Services

    23.7%   

Industrials

    9.2%   

Consumer Discretionary

    1.9%   

Energy

    1.8%   

Materials

    1.3%   

Utilities

    1.0%   

Consumer Staples

    0.2%   

Other Assets less Liabilities

    1.9%   

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 3/31/16

 

Description   % of Net Assets  

Maroc Telecom

    9.3%   

Mobile Telecommunications Co. KSC

    6.9%   

Qatar National Bank SAQ

    5.7%   

National Bank of Kuwait SAKP

    5.6%   

First Gulf Bank PJSC

    5.2%   

Industries Qatar QSC

    4.5%   

Oman Telecommunications Co. SAOG

    3.5%   

Ahli United Bank BSC

    3.4%   

Abu Dhabi Commercial Bank PJSC

    3.1%   

National Bank of Abu Dhabi PJSC

    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 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 -11.57% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in Morocco. The Fund’s position in Qatar created the greatest drag on performance.

The following performance table 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, 2015, as revised November 12, 2015, the Fund’s annual expense ratio was 0.88%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       -11.57      6.10      5.60      -0.72

Fund Market Price Returns

       -12.46      5.05      4.75      -1.16

WisdomTree Middle East Dividend Index

       -10.35      7.21      6.03      0.53

MSCI Arabian Markets ex-Saudi Arabia Index

       -11.79      2.77      1.41      -5.37
1 

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on July 16, 2008.

 

LOGO

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      17   


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 free float-adjusted market capitalization weighted index designed to measure the performance of the Chinese equity market.

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 designed to measure the performance of the Indian equity market.

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 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 Developed ex-U.S. BMI Sector Indexes are indexes that track specific sectors of developed global markets outside the U.S. The S&P Developed ex-U.S. BMI Utilities Index includes companies that are classified as members of the GICS Utilities sector and sub-industries; the S&P Developed Ex-U.S. BMI Materials Index includes companies of the GICS material sector and sub-industries; the S&P Developed Ex-U.S. BMI Energy Index includes companies of the GICS Energy sector and sub-industries.

The S&P Global 1200 Sector Indexes are sub-indices of the S&P Global 1200 Index. The S&P Global 1200 Index represents the global equity market and captures approximately 70% of global market capitalization. The S&P Global 1200 Energy Sector Index consists of all members of the S&P Global 1200 that are classified within the GICS energy sector. The S&P Global 1200 Materials Sector Index consists of all members of the S&P Global 1200 that are classified within the GICS materials sector. The S&P Global 1200 Utilities Sector Index consists of all members of the S&P Global 1200 that are classified within the GICS utilities sector.

 

18   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Description of Indexes (unaudited) (continued)

 

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 Financials sector.

The WisdomTree China ex-State-Owned Enterprises Index measures the performance of Chinese stocks that are not state-owned enterprises. WisdomTree Investments, Inc., as index provider, defines state-owned enterprises as companies with over 20% government ownership.

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 ex-State-Owned Enterprises Index is a modified market capitalization weighted index that consists of common stocks in emerging markets, excluding common stocks of “state-owned enterprises.” WisdomTree Investments, Inc., as index provider, defines state-owned enterprises as companies with over 20% government ownership.

The WisdomTree Emerging Markets High Dividend Index is comprised of the highest dividend-yielding stocks selected from the WisdomTree Emerging Markets Dividend Index.

The WisdomTree Emerging Markets Quality Dividend Growth Index consists of dividend paying stocks with growth characteristics 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 ex-U.S. Quality 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 High Dividend Index is comprised of high dividend-paying companies selected from the WisdomTree Global Dividend Index.

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.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      19   


Table of Contents

Description of Indexes (unaudited) (concluded)

 

The WisdomTree International Sector Indexes, which encompass Basic Materials, Energy and Utilities, are derived from the WisdomTree International Equity 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.

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

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

 

20   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


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 October 1, 2015 to March 31, 2016.

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 10/1/15 to 3/31/16” 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.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      21   


Table of Contents

Shareholder Expense Examples (unaudited) (concluded)

 

      Beginning
Account Value
10/1/15
     Ending
Account Value
3/31/16
     Annualized
Expense Ratio
Based on the
Period
10/1/15 to
3/31/16
    Expenses Paid
During the
Period†
10/1/15 to
3/31/16
 

WisdomTree Asia Pacific ex-Japan Fund

        

Actual

   $ 1,000.00       $ 1,064.10         0.48   $ 2.48   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,022.60         0.48   $ 2.43   

WisdomTree China ex-State-Owned Enterprises Fund

        

Actual

   $ 1,000.00       $ 1,103.30         0.53 %*    $ 2.79   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,022.35         0.53 %*    $ 2.68   

WisdomTree Commodity Country Equity Fund

        

Actual

   $ 1,000.00       $ 1,108.90         0.58   $ 3.06   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,022.10         0.58   $ 2.93   

WisdomTree Emerging Markets Consumer Growth Fund

        

Actual

   $ 1,000.00       $ 1,073.30         0.63   $ 3.27   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,021.85         0.63   $ 3.18   

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund

        

Actual

   $ 1,000.00       $ 1,073.00         0.58   $ 3.01   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,022.10         0.58   $ 2.93   

WisdomTree Emerging Markets High Dividend Fund

        

Actual

   $ 1,000.00       $ 1,058.10         0.63   $ 3.24   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,021.85         0.63   $ 3.18   

WisdomTree Emerging Markets Quality Dividend Growth Fund

        

Actual

   $ 1,000.00       $ 1,102.70         0.63   $ 3.31   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,021.85         0.63   $ 3.18   

WisdomTree Emerging Markets SmallCap Dividend Fund

        

Actual

   $ 1,000.00       $ 1,065.90         0.63   $ 3.25   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,021.85         0.63   $ 3.18   

WisdomTree Global ex-U.S. Quality Dividend Growth Fund

        

Actual

   $ 1,000.00       $ 1,086.00         0.58   $ 3.02   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,022.10         0.58   $ 2.93   

WisdomTree Global ex-U.S. Real Estate Fund

        

Actual

   $ 1,000.00       $ 1,076.50         0.58   $ 3.01   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,022.10         0.58   $ 2.93   

WisdomTree Global ex-U.S. Utilities Fund

        

Actual

   $ 1,000.00       $ 1,020.70         0.58   $ 2.93   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,022.10         0.58   $ 2.93   

WisdomTree Global High Dividend Fund

        

Actual

   $ 1,000.00       $ 1,081.10         0.58   $ 3.02   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,022.10         0.58   $ 2.93   

WisdomTree Global Natural Resources Fund

        

Actual

   $ 1,000.00       $ 1,010.80         0.58   $ 2.92   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,022.10         0.58   $ 2.93   

WisdomTree India Earnings Fund (consolidated)

        

Actual

   $ 1,000.00       $ 985.50         0.83   $ 4.12   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,020.85         0.83   $ 4.19   

WisdomTree Middle East Dividend Fund

        

Actual

   $ 1,000.00       $ 942.40         0.88   $ 4.27   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,020.60         0.88   $ 4.45   

 

Expenses are calculated using each Fund’s annualized expense ratio, multiplied by the average account value for the period, multiplied by 183/366 (to reflect the one-half year period).

 

* WisdomTree Asset Management, Inc. has contractually agreed to limit the management fee to 0.53% effective July 1, 2015 through July 31, 2016, unless earlier terminated by the Board of Trustees of the WisdomTree Trust for any reason.

 

22   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments

WisdomTree Asia Pacific ex-Japan Fund (AXJL)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 96.3%      
Australia – 22.0%      

AGL Energy Ltd.

     12,305       $ 174,167   

Amcor Ltd.

     21,261         234,695   

AMP Ltd.

     27,555         122,729   

Aurizon Holdings Ltd.

     46,549         141,799   

Australia & New Zealand Banking Group Ltd.

     30,002         541,434   

BHP Billiton Ltd.

     96,417         1,250,485   

Brambles Ltd.

     19,586         182,606   

Caltex Australia Ltd.

     4,200         109,914   

CIMIC Group Ltd.

     6,182         165,301   

Coca-Cola Amatil Ltd.

     16,424         111,686   

Commonwealth Bank of Australia

     16,000         922,115   

Crown Resorts Ltd.

     10,784         103,363   

CSL Ltd.

     3,908         304,952   

Incitec Pivot Ltd.

     23,400         57,421   

Insurance Australia Group Ltd.

     25,151         107,959   

Macquarie Group Ltd.

     2,686         136,556   

National Australia Bank Ltd.

     26,940         543,787   

Origin Energy Ltd.

     41,567         162,755   

QBE Insurance Group Ltd.

     8,145         68,357   

Ramsay Health Care Ltd.

     1,600         75,522   

Rio Tinto Ltd.

     10,352         339,952   

Sonic Healthcare Ltd.

     7,575         109,432   

Suncorp Group Ltd.

     13,850         126,890   

Telstra Corp., Ltd.

     291,503         1,195,192   

Wesfarmers Ltd.

     25,053         798,825   

Westpac Banking Corp.

     32,658         762,457   

Woodside Petroleum Ltd.

     34,269         684,342   

Woolworths Ltd.

     29,455         500,747   
     

 

 

 
Total Australia         10,035,440   
China – 21.2%      

AAC Technologies Holdings, Inc.(a)

     11,500         87,919   

Agricultural Bank of China Ltd. Class H

     299,000         107,549   

ANTA Sports Products Ltd.

     31,000         68,262   

Bank of China Ltd. Class H

     744,255         308,965   

Bank of Communications Co., Ltd. Class H

     282,955         186,045   

Beijing Enterprises Holdings Ltd.

     7,000         38,310   

Belle International Holdings Ltd.

     293,000         169,608   

China Construction Bank Corp. Class H

     2,136,100         1,363,196   

China Life Insurance Co., Ltd. Class H

     24,396         60,199   

China Merchants Bank Co., Ltd. Class H

     27,904         58,639   

China Merchants Holdings International Co., Ltd.

     33,223         98,728   

China Mobile Ltd.

     233,234         2,599,491   

China Overseas Land & Investment Ltd.

     33,065         104,653   

China Petroleum & Chemical Corp. Class H

     392,261         257,409   

China Power International Development Ltd.

     100,000         51,827   

China Resources Land Ltd.

     28,000         71,836   

China Resources Power Holdings Co., Ltd.

     72,218         135,003   

China Shenhua Energy Co., Ltd. Class H

     124,736         196,193   

China Telecom Corp., Ltd. Class H

     129,038         68,208   

China Unicom Hong Kong Ltd.

     210,345         277,692   

CITIC Ltd.

     173,000         263,184   

CNOOC Ltd.

     945,561         1,116,648   

Country Garden Holdings Co., Ltd.

     291,000       $ 115,551   

Evergrande Real Estate Group Ltd.(a)

     236,000         182,251   

Fosun International Ltd.

     46,500         66,184   

Guangdong Investment Ltd.

     66,000         83,473   

Hengan International Group Co., Ltd.

     12,500         108,457   

Industrial & Commercial Bank of China Ltd. Class H

     760,270         425,392   

Kunlun Energy Co., Ltd.

     114,000         99,059   

Lenovo Group Ltd.

     171,000         133,157   

PetroChina Co., Ltd. Class H

     230,919         153,618   

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

     21,646         103,534   

Shenzhou International Group Holdings Ltd.

     14,000         76,168   

Shimao Property Holdings Ltd.

     36,000         53,281   

Sun Art Retail Group Ltd.(a)

     93,225         65,984   

Tencent Holdings Ltd.

     9,900         202,172   

Tingyi Cayman Islands Holding Corp.

     40,000         44,711   

Want Want China Holdings Ltd.(a)

     109,000         80,803   
     

 

 

 
Total China         9,683,359   
Hong Kong – 7.6%      

AIA Group Ltd.

     26,925         152,562   

Bank of East Asia Ltd. (The)(a)

     20,000         74,776   

BOC Hong Kong Holdings Ltd.

     87,889         262,311   

Cathay Pacific Airways Ltd.

     62,000         107,269   

CLP Holdings Ltd.

     44,104         398,875   

Galaxy Entertainment Group Ltd.

     35,000         131,308   

Hang Lung Properties Ltd.

     40,000         76,426   

Hang Seng Bank Ltd.

     13,003         229,833   

Henderson Land Development Co., Ltd.

     15,196         93,352   

Hong Kong & China Gas Co., Ltd.

     122,062         228,181   

Hong Kong Exchanges and Clearing Ltd.

     6,135         147,748   

MTR Corp., Ltd.

     82,765         409,741   

New World Development Co., Ltd.

     95,409         90,900   

Power Assets Holdings Ltd.

     36,079         369,090   

Sino Land Co., Ltd.

     46,924         74,289   

Sun Hung Kai Properties Ltd.

     17,534         214,412   

Swire Pacific Ltd. Class A

     6,000         64,591   

Swire Pacific Ltd. Class B

     40,000         77,973   

Swire Properties Ltd.

     33,800         91,292   

Wharf Holdings Ltd. (The)

     22,350         122,173   

Wheelock & Co., Ltd.

     13,000         58,074   
     

 

 

 
Total Hong Kong         3,475,176   
India – 0.3%      

Infosys Ltd.

     100         1,840   

Infosys Ltd. ADR

     6,967         132,512   
     

 

 

 
Total India         134,352   
Indonesia – 2.8%      

Astra International Tbk PT

     634,661         347,005   

Bank Central Asia Tbk PT

     74,275         74,499   

Bank Mandiri Persero Tbk PT

     141,324         109,777   

Bank Rakyat Indonesia Persero Tbk PT

     145,900         125,709   

Telekomunikasi Indonesia Persero Tbk PT

     1,503,500         377,009   

Unilever Indonesia Tbk PT

     70,735         228,982   
     

 

 

 
Total Indonesia         1,262,981   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      23   


Table of Contents

Schedule of Investments (continued)

WisdomTree Asia Pacific ex-Japan Fund (AXJL)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Malaysia – 4.8%      

Axiata Group Bhd

     141,300       $ 213,317   

DiGi.Com Bhd

     158,500         200,690   

Genting Malaysia Bhd

     440         512   

IOI Corp. Bhd

     83,600         97,924   

Kuala Lumpur Kepong Bhd

     16,300         100,269   

Malayan Banking Bhd

     112,094         259,154   

Maxis Bhd

     168,100         273,596   

MISC Bhd

     37,000         84,403   

Petronas Chemicals Group Bhd

     96,408         165,808   

Petronas Gas Bhd

     30,300         170,857   

Public Bank Bhd

     23,490         113,070   

Sime Darby Bhd

     107,600         219,254   

Telekom Malaysia Bhd

     59,700         100,992   

Tenaga Nasional Bhd

     60,500         216,166   
     

 

 

 
Total Malaysia         2,216,012   
Philippines – 2.1%      

Aboitiz Equity Ventures, Inc.

     65,350         92,252   

Aboitiz Power Corp.

     151,000         144,130   

Globe Telecom, Inc.

     1,840         88,713   

Manila Electric Co.

     20,750         145,559   

Philippine Long Distance Telephone Co.

     6,370         273,919   

SM Investments Corp.

     5,586         115,190   

Universal Robina Corp.

     19,620         92,379   
     

 

 

 
Total Philippines         952,142   
Singapore – 6.0%      

CapitaLand Ltd.

     36,000         82,073   

DBS Group Holdings Ltd.

     15,817         180,652   

Hutchison Port Holdings Trust

     360,007         180,004   

Jardine Cycle & Carriage Ltd.

     6,878         204,460   

Keppel Corp., Ltd.

     55,484         240,214   

Oversea-Chinese Banking Corp., Ltd.

     28,001         183,818   

Singapore Airlines Ltd.

     11,457         97,162   

Singapore Technologies Engineering Ltd.

     76,225         182,836   

Singapore Telecommunications Ltd.

     340,177         965,005   

United Overseas Bank Ltd.

     13,774         193,016   

Wilmar International Ltd.

     85,800         214,086   
     

 

 

 
Total Singapore         2,723,326   
South Korea – 9.1%      

Coway Co., Ltd.

     1,131         95,437   

Hyundai Mobis Co., Ltd.

     707         153,937   

Hyundai Motor Co.

     2,517         335,644   

Kangwon Land, Inc.

     3,049         109,045   

KB Financial Group, Inc.

     1,868         52,025   

Kia Motors Corp.

     3,889         164,252   

Korea Electric Power Corp.

     3,500         184,243   

Korea Zinc Co., Ltd.

     166         69,892   

KT&G Corp.

     2,217         213,248   

LG Chem Ltd.

     528         151,207   

LG Corp.

     1,678         100,510   

LG Display Co., Ltd.

     2,000         46,520   

LG Household & Health Care Ltd.

     9         7,437   

POSCO

     2,006       $ 385,027   

S-Oil Corp.

     1,200         102,728   

Samsung Electronics Co., Ltd.

     1,088         1,248,213   

Samsung Life Insurance Co., Ltd.

     994         102,129   

Shinhan Financial Group Co., Ltd.

     2,700         95,619   

SK Holdings Co., Ltd.

     453         88,334   

SK Hynix, Inc.

     3,000         73,846   

SK Telecom Co., Ltd.

     473         86,237   

SK Telecom Co., Ltd. ADR(a)

     8,459         170,618   

Woori Bank

     12,100         100,093   
     

 

 

 
Total South Korea         4,136,241   
Taiwan – 16.0%      

Advanced Semiconductor Engineering, Inc.

     205,175         238,746   

Asustek Computer, Inc.

     19,740         177,258   

Catcher Technology Co., Ltd.

     7,000         57,420   

Cathay Financial Holding Co., Ltd.

     105,614         126,504   

Cheng Shin Rubber Industry Co., Ltd.

     71,948         144,638   

China Steel Corp.

     376,078         261,749   

Chunghwa Telecom Co., Ltd.

     174,436         593,486   

CTBC Financial Holding Co., Ltd.

     159,805         84,411   

Delta Electronics, Inc.

     48,415         213,613   

Far Eastern New Century Corp.

     101,683         83,093   

Far EasTone Telecommunications Co., Ltd.

     68,000         152,337   

First Financial Holding Co., Ltd.

     112         55   

Formosa Chemicals & Fibre Corp.

     46,685         116,335   

Formosa Petrochemical Corp.

     62,511         179,663   

Formosa Plastics Corp.

     67,444         167,227   

Fubon Financial Holding Co., Ltd.

     107,803         137,333   

Hon Hai Precision Industry Co., Ltd.

     286,120         753,883   

Hua Nan Financial Holdings Co., Ltd.

     86,536         43,021   

Largan Precision Co., Ltd.

     1,000         77,523   

MediaTek, Inc.

     61,000         468,152   

Mega Financial Holding Co., Ltd.

     170,827         121,549   

Nan Ya Plastics Corp.

     140,537         295,187   

Pegatron Corp.

     58,000         135,341   

President Chain Store Corp.

     17,000         123,866   

Quanta Computer, Inc.

     124,000         216,530   

Taiwan Mobile Co., Ltd.

     87,100         282,810   

Taiwan Semiconductor Manufacturing Co., Ltd.

     390,241         1,964,300   

Uni-President Enterprises Corp.

     62,346         109,450   
     

 

 

 
Total Taiwan               7,325,480   
Thailand – 4.4%      

Advanced Info Service PCL

     60,300         311,956   

Advanced Info Service PCL NVDR

     14,800         76,566   

Airports of Thailand PCL NVDR

     12,584         143,797   

Bangkok Bank PCL NVDR

     12,700         64,980   

CP ALL PCL

     76,200         99,095   

Intouch Holdings PCL NVDR

     98,285         178,103   

Krung Thai Bank PCL NVDR

     142,100         75,533   

PTT Exploration & Production PCL

     72,513         144,799   

PTT Global Chemical PCL

     88,694         152,529   

PTT PCL

     46,600         370,892   

PTT PCL NVDR

     8,300         66,060   

 

See Notes to Financial Statements.

 

24   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (concluded)

WisdomTree Asia Pacific ex-Japan Fund (AXJL)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Siam Cement PCL (The) NVDR

     17,771       $ 235,398   

Siam Commercial Bank PCL (The)

     21,700         86,973   
     

 

 

 
Total Thailand               2,006,681   

TOTAL COMMON STOCKS

(Cost: $46,712,798)

              43,951,190   
EXCHANGE-TRADED FUNDS AND NOTES – 3.1%      
United States – 3.1%      

iPath MSCI India Index ETN*

     21,215         1,332,090   

WisdomTree Global ex-U.S. Real Estate Fund(a)(b)

     3,650         99,499   

TOTAL EXCHANGE-TRADED FUNDS AND NOTES

(Cost: $1,307,165)

              1,431,589   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.1%   
United States – 1.1%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

     
(Cost: $489,837)(d)      489,837         489,837   

TOTAL INVESTMENTS IN SECURITIES – 100.5%

(Cost: $48,509,800)

        45,872,616   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (0.5)%

        (207,731
     

 

 

 
NET ASSETS – 100.0%             $ 45,664,885   

 

* Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Affiliated company (See Note 3).

 

(c) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(d) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $609,423 and the total market value of the collateral held by the Fund was $645,429. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $155,592.

ADR – American Depositary Receipt

ETN – Exchange-Traded Note

NVDR – Non-Voting Depositary Receipt

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS                
Settlement
Date
  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/4/2016

    AUD        28,000        USD        21,484      $ (55

 

CURRENCY LEGEND

AUD – Australian dollar

USD – U.S. dollar

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      25   


Table of Contents

Schedule of Investments

WisdomTree China ex-State-Owned Enterprises Fund (CXSE)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 100.0%      
China – 97.0%      
Auto Components – 1.2%      

Minth Group Ltd.

     24,000       $ 55,880   

Xinyi Glass Holdings Ltd.

     84,000         55,989   
     

 

 

 
Total Auto Components         111,869   
Automobiles – 3.3%      

Byd Co., Ltd. Class H*(a)

     24,000         137,690   

Geely Automobile Holdings Ltd.

     180,000         89,112   

Great Wall Motor Co., Ltd. Class H

     100,500         81,628   
     

 

 

 
Total Automobiles         308,430   
Banks – 2.3%      

China Minsheng Banking Corp., Ltd. Class H

     229,000         213,750   
Capital Markets – 1.6%      

GF Securities Co., Ltd. Class H*(a)

     60,000         146,354   
Communications Equipment – 0.3%      

ZTE Corp. Class H

     17,000         31,034   
Diversified Consumer Services – 2.6%      

New Oriental Education & Technology Group, Inc. ADR

     4,648         160,775   

TAL Education Group ADR*(a)

     1,546         76,805   
     

 

 

 
Total Diversified Consumer Services         237,580   
Electronic Equipment, Instruments & Components – 1.7%      

AAC Technologies Holdings, Inc.(a)

     16,000         122,322   

Sunny Optical Technology Group Co., Ltd.(a)

     13,000         36,537   
     

 

 

 
Total Electronic Equipment, Instruments & Components         158,859   
Food & Staples Retailing – 0.6%      

Sun Art Retail Group Ltd.(a)

     75,500         53,438   
Food Products – 5.6%      

China Huishan Dairy Holdings Co., Ltd.(a)

     185,000         69,644   

Tingyi Cayman Islands Holding Corp.

     56,000         62,595   

Uni-President China Holdings Ltd.

     50,000         39,902   

Want Want China Holdings Ltd.(a)

     237,000         175,690   

WH Group Ltd.*(b)

     247,000         178,964   
     

 

 

 
Total Food Products         526,795   
Health Care Equipment & Supplies – 0.4%      

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

     60,000         38,213   
Insurance – 8.9%      

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

     174,000         832,251   
Internet & Catalog Retail – 16.0%      

Ctrip.com International Ltd. ADR*

     12,266         542,893   

JD.com, Inc. ADR*

     30,703         813,629   

Vipshop Holdings Ltd. ADR*

     11,101         142,981   
     

 

 

 
Total Internet & Catalog Retail         1,499,503   
Internet Software & Services – 31.7%      

21Vianet Group, Inc. ADR*

     1,354         27,039   

Alibaba Group Holding Ltd. ADR*

     9,502         750,943   

Autohome, Inc. ADR*(a)

     900         25,146   

Baidu, Inc. ADR*

     4,388       $ 837,581   

Bitauto Holdings Ltd. ADR*

     694         17,204   

NetEase, Inc. ADR

     1,472         211,350   

Qihoo 360 Technology Co., Ltd. ADR*

     1,959         148,003   

SINA Corp.*

     1,099         52,060   

Sohu.com, Inc.*

     614         30,418   

SouFun Holdings Ltd. ADR

     5,166         30,944   

Tencent Holdings Ltd.

     35,700         729,046   

Youku Tudou, Inc. ADR*

     2,148         59,049   

YY, Inc. ADR*

     699         43,051   
     

 

 

 
Total Internet Software & Services         2,961,834   
Machinery – 1.8%      

China Conch Venture Holdings Ltd.

     64,363         126,958   

Haitian International Holdings Ltd.

     24,000         41,152   
     

 

 

 
Total Machinery         168,110   
Multiline Retail – 0.5%      

Intime Retail Group Co., Ltd.(a)

     59,000         47,997   
Personal Products – 2.6%      

Hengan International Group Co., Ltd.

     27,500         238,605   
Pharmaceuticals – 3.5%      

China Medical System Holdings Ltd.

     44,000         61,037   

CSPC Pharmaceutical Group Ltd.

     86,000         77,834   

Luye Pharma Group Ltd.*

     48,607         37,599   

Shanghai Fosun Pharmaceutical Group Co., Ltd. Class H

     13,500         37,246   

Sino Biopharmaceutical Ltd.

     155,000         116,302   
     

 

 

 
Total Pharmaceuticals         330,018   
Real Estate Management & Development – 6.9%      

China Vanke Co., Ltd. Class H

     47,976         117,643   

Country Garden Holdings Co., Ltd.

     282,000         111,978   

Dalian Wanda Commercial Properties Co., Ltd.
Class H(b)

     21,700         128,551   

Evergrande Real Estate Group Ltd.(a)

     170,000         131,282   

Longfor Properties Co., Ltd.

     44,500         63,452   

Renhe Commercial Holdings Co., Ltd.*(a)

     770,000         30,774   

Shimao Property Holdings Ltd.

     43,500         64,382   
     

 

 

 
Total Real Estate Management & Development               648,062   
Road & Rail – 0.5%      

CAR, Inc.*(a)

     36,635         42,980   
Semiconductors & Semiconductor Equipment – 0.7%      

GCL-Poly Energy Holdings Ltd.(a)

     208,000         34,324   

Hanergy Thin Film Power Group Ltd.*†

     502,000         6,472   

Xinyi Solar Holdings Ltd.

     78,000         27,755   
     

 

 

 
Total Semiconductors & Semiconductor Equipment         68,551   
Software – 0.4%      

Kingsoft Corp., Ltd.(a)

     14,000         32,813   
Specialty Retail – 0.6%      

GOME Electrical Appliances Holding Ltd.(a)

     410,000         59,202   

 

See Notes to Financial Statements.

 

26   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (concluded)

WisdomTree China ex-State-Owned Enterprises Fund (CXSE)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Textiles, Apparel & Luxury Goods – 3.3%      

ANTA Sports Products Ltd.

     35,000       $ 77,071   

Belle International Holdings Ltd.

     184,000         106,511   

Shenzhou International Group Holdings Ltd.

     23,000         125,133   
     

 

 

 
Total Textiles, Apparel & Luxury Goods               308,715   
Total China               9,064,963   
Hong Kong – 2.3%      
Electrical Equipment – 0.6%      

Tech Pro Technology Development Ltd.*(a)

     190,000         57,564   
Household Durables – 0.4%      

Skyworth Digital Holdings Ltd.

     60,000         37,130   
Media – 1.0%      

Alibaba Pictures Group Ltd.*(a)

     420,000         95,842   
Specialty Retail – 0.3%      

BEP International Holdings Ltd.

     280,000         22,381   
     

 

 

 
Total Hong Kong               212,917   
United States – 0.7%      
Biotechnology – 0.7%      

China Biologic Products, Inc.*(a)

     592         67,772   

TOTAL COMMON STOCKS

(Cost: $10,380,740)

              9,345,652   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 9.6%   
United States – 9.6%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

     
(Cost: $900,596)(d)      900,596         900,596   

TOTAL INVESTMENTS IN SECURITIES – 109.6%

(Cost: $11,281,336)

        10,246,248   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (9.6)%

        (895,746
     

 

 

 
NET ASSETS – 100.0%             $ 9,350,502   

 

* 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 $37,506, which represents 0.4% of net assets.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (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 March 31, 2016.

 

(d) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $1,016,683 and the total market value of the collateral held by the Fund was $1,102,395. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $201,799.

ADR – American Depositary Receipt

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      27   


Table of Contents

Schedule of Investments

WisdomTree Commodity Country Equity Fund (CCXE)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.2%      
Australia – 11.2%      

Amcor Ltd.

     1,439       $ 15,885   

AMP Ltd.

     2,689         11,977   

Aurizon Holdings Ltd.

     2,898         8,828   

Australia & New Zealand Banking Group Ltd.

     3,385         61,088   

BHP Billiton Ltd.

     6,559         85,067   

Brambles Ltd.

     1,249         11,645   

Commonwealth Bank of Australia

     1,775         102,297   

CSL Ltd.

     254         19,820   

Insurance Australia Group Ltd.

     2,563         11,001   

Macquarie Group Ltd.

     268         13,625   

National Australia Bank Ltd.

     3,001         60,576   

Origin Energy Ltd.

     2,482         9,718   

QBE Insurance Group Ltd.

     825         6,924   

Rio Tinto Ltd.

     684         22,462   

Suncorp Group Ltd.

     1,486         13,614   

Telstra Corp., Ltd.

     19,595         80,341   

Wesfarmers Ltd.

     1,655         52,770   

Westpac Banking Corp.

     3,585         83,698   

Woodside Petroleum Ltd.

     2,225         44,433   

Woolworths Ltd.

     1,937         32,930   
     

 

 

 
Total Australia         748,699   
Brazil – 11.7%      

Ambev S.A.

     48,453         257,304   

Banco Bradesco S.A.*

     4,785         40,613   

Banco do Brasil S.A.

     14,156         78,968   

Banco Santander Brasil S.A.

     12,750         60,980   

BB Seguridade Participacoes S.A.

     5,743         48,128   

BM&FBovespa S.A. - Bolsa de Valores Mercadorias e Futuros

     3,889         16,877   

BRF S.A.

     1,063         15,390   

CCR S.A.

     8,546         33,832   

Cia Siderurgica Nacional S.A.

     8,172         16,487   

Cielo S.A.

     2,612         25,774   

EcoRodovias Infraestrutura e Logistica S.A.

     4,493         7,607   

Itau Unibanco Holding S.A.

     1,160         8,743   

Natura Cosmeticos S.A.

     2,216         16,595   

Tractebel Energia S.A.

     2,631         27,231   

Transmissora Alianca de Energia Eletrica S.A.

     2,791         15,892   

Ultrapar Participacoes S.A.

     945         18,609   

Vale S.A.

     19,235         82,226   

WEG S.A.

     2,845         11,247   
     

 

 

 
Total Brazil         782,503   
Canada – 11.7%      

Bank of Montreal

     653         39,818   

Bank of Nova Scotia (The)

     1,349         66,196   

BCE, Inc.

     1,486         68,001   

Canadian Imperial Bank of Commerce

     387         29,028   

Canadian National Railway Co.

     449         28,173   

Canadian Natural Resources Ltd.

     1,176         31,940   

Crescent Point Energy Corp.(a)

     1,719         23,896   

Enbridge, Inc.

     1,041         40,692   

Great-West Lifeco, Inc.

     919       $ 25,393   

Manulife Financial Corp.

     1,449         20,590   

Potash Corp. of Saskatchewan, Inc.

     2,249         38,444   

Power Financial Corp.(a)

     818         20,535   

Royal Bank of Canada

     1,499         86,722   

Sun Life Financial, Inc.

     531         17,201   

Suncor Energy, Inc.

     1,717         48,014   

TELUS Corp.

     889         29,060   

Thomson Reuters Corp.

     998         40,601   

Toronto-Dominion Bank (The)

     1,717         74,417   

TransCanada Corp.(a)

     1,240         48,950   
     

 

 

 
Total Canada         777,671   
Chile – 10.2%      

AES Gener S.A.

     51,039         25,834   

Aguas Andinas S.A. Class A

     58,609         33,541   

Banco de Chile

     583,241         62,818   

Banco de Credito e Inversiones

     548         22,191   

Banco Santander Chile

     1,092,544         53,201   

CAP S.A.

     3,126         9,252   

Cencosud S.A.

     11,658         29,449   

Cia Cervecerias Unidas S.A.

     2,139         24,141   

Colbun S.A.

     59,045         16,476   

Corpbanca S.A.

     3,439,784         31,505   

Empresa Nacional de Electricidad S.A.

     56,752         79,065   

Empresa Nacional de Telecomunicaciones S.A.

     1,174         10,381   

Empresas CMPC S.A.

     4,673         10,921   

Empresas COPEC S.A.

     6,172         59,178   

Enersis Americas S.A.

     343,665         95,327   

Inversiones Aguas Metropolitanas S.A.

     7,290         11,596   

Inversiones La Construccion S.A.

     773         8,798   

Ripley Corp. S.A.

     21,691         9,867   

S.A.C.I. Falabella

     11,175         78,166   

Sociedad Matriz del Banco de Chile S.A. Class B

     36,853         10,466   
     

 

 

 
Total Chile         682,173   
New Zealand – 16.4%      

Air New Zealand Ltd.

     24,005         47,667   

Auckland International Airport Ltd.

     21,725         96,988   

Contact Energy Ltd.

     23,014         79,893   

EBOS Group Ltd.

     1,950         23,287   

Fisher & Paykel Healthcare Corp., Ltd.

     7,596         51,684   

Fletcher Building Ltd.

     21,372         117,076   

Freightways Ltd.

     4,630         20,413   

Heartland Bank Ltd.(a)

     13,492         11,335   

Infratil Ltd.

     8,912         20,295   

Kathmandu Holdings Ltd.

     7,992         9,156   

Kiwi Property Group Ltd.

     19,439         19,503   

Mainfreight Ltd.

     1,588         17,486   

Meridian Energy Ltd.

     68,829         125,205   

Nuplex Industries Ltd.

     6,223         22,467   

Ryman Healthcare Ltd.

     4,718         27,352   

SKY Network Television Ltd.

     16,507         57,075   

SKYCITY Entertainment Group Ltd.

     15,547         54,079   

Spark New Zealand Ltd.

     83,707         212,130   

 

See Notes to Financial Statements.

 

28   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree Commodity Country Equity Fund (CCXE)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Trade Me Group Ltd.

     12,339       $ 37,780   

Z Energy Ltd.

     9,866         46,237   
     

 

 

 
Total New Zealand         1,097,108   
Norway – 13.1%      

Aker ASA Class A

     426         7,957   

Atea ASA*

     1,156         11,041   

Austevoll Seafood ASA

     1,098         9,027   

DNB ASA

     4,930         58,323   

Entra ASA(b)

     706         6,658   

Gjensidige Forsikring ASA

     2,411         41,129   

Kongsberg Gruppen ASA(a)

     578         9,504   

Leroy Seafood Group ASA

     306         14,465   

Marine Harvest ASA*

     2,908         44,826   

Norsk Hydro ASA

     9,309         38,345   

Ocean Yield ASA(a)

     1,472         9,877   

Orkla ASA

     5,840         52,919   

Salmar ASA

     1,236         30,335   

SpareBank 1 SR-Bank ASA

     1,097         5,385   

Statoil ASA

     23,770         374,457   

Telenor ASA

     5,153         83,420   

TGS Nopec Geophysical Co. ASA

     767         11,712   

Veidekke ASA

     702         9,548   

Yara International ASA

     1,500         56,473   
     

 

 

 
Total Norway         875,401   
Russia – 13.7%      

Gazprom Neft PAO ADR

     483         5,385   

Gazprom PAO ADR

     42,966         185,312   

LSR Group PJSC GDR Reg S

     2,882         6,557   

Lukoil PJSC ADR

     3,945         151,547   

Magnit PJSC GDR Reg S

     786         31,401   

Magnitogorsk Iron & Steel Works OJSC GDR Reg S

     1,698         7,369   

MegaFon PJSC GDR Reg S

     925         10,175   

MMC Norilsk Nickel PJSC ADR

     11,777         152,041   

Mobile TeleSystems PJSC ADR

     8,235         66,621   

NovaTek OAO GDR Reg S

     422         37,917   

Novolipetsk Steel GDR Reg S

     2,485         31,062   

PhosAgro OAO GDR Reg S

     990         13,959   

Rosneft OAO GDR Reg S

     23,700         107,645   

Rostelecom PJSC ADR

     1,179         10,470   

RusHydro PJSC ADR

     6,789         6,823   

Sberbank of Russia PJSC ADR

     1,278         8,895   

Severstal PAO GDR Reg S

     3,752         39,696   

Sistema JSFC GDR Reg S

     731         4,722   

Tatneft PAO ADR

     846         26,937   

VTB Bank PJSC GDR Reg S

     4,901         10,861   
     

 

 

 
Total Russia         915,395   
South Africa – 10.2%      

Barclays Africa Group Ltd.(a)

     3,501         35,607   

Bidvest Group Ltd. (The)

     1,018         25,817   

Coronation Fund Managers Ltd.

     2,269         11,323   

FirstRand Ltd.(a)

     17,783         58,483   

Liberty Holdings Ltd.(a)

     1,057         10,390   

MMI Holdings Ltd.(a)

     7,196         12,183   

MTN Group Ltd.(a)

     14,393       $ 132,304   

Naspers Ltd. Class N

     118         16,535   

Nedbank Group Ltd.(a)

     1,814         23,958   

Rand Merchant Investment Holdings Ltd.(a)

     2,949         8,345   

Remgro Ltd.

     548         9,321   

RMB Holdings Ltd.(a)

     4,352         18,126   

Sanlam Ltd.

     5,568         25,928   

Sasol Ltd.

     3,011         90,391   

Shoprite Holdings Ltd.(a)

     1,592         18,793   

Standard Bank Group Ltd.

     5,258         47,361   

Tiger Brands Ltd.

     623         13,776   

Vodacom Group Ltd.

     9,266         101,134   

Woolworths Holdings Ltd.

     2,927         17,845   
     

 

 

 
Total South Africa               677,620   

TOTAL COMMON STOCKS

(Cost: $8,550,444)

              6,556,570   
RIGHTS – 0.0%      
Chile – 0.0%      
Banco de Credito e Inversiones, expiring 4/19/16* (Cost $0)      62         133   
EXCHANGE-TRADED FUND – 1.1%      
United States – 1.1%      

WisdomTree Global Natural Resources Fund(c)

(Cost: $65,718)

     6,310         73,941   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 5.0%   
United States – 5.0%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(d)

     
(Cost: $336,033)(e)      336,033         336,033   

TOTAL INVESTMENTS IN SECURITIES – 104.3%

(Cost: $8,952,195)

        6,966,677   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (4.3)%

        (287,922
     

 

 

 
NET ASSETS – 100.0%             $ 6,678,755   

 

* Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (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 3).

 

(d) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(e) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $386,013 and the total market value of the collateral held by the Fund was $411,350. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $75,317.

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.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      29   


Table of Contents

Schedule of Investments (concluded)

WisdomTree Commodity Country Equity Fund (CCXE)

March 31, 2016

 

  

 

 

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS                          
Settlement
Date
   Contracts
To Deliver
     In
Exchange For
     Unrealized
Gain (Loss)
 

4/1/2016

     AUD         10,000         USD         7,698       $ 5   

4/1/2016

     BRL         474,581         USD         129,243         (4,668

4/1/2016

     NZD         12,000         USD         8,328         (3

4/4/2016

     CAD         1,500         USD         1,155         (4

4/4/2016

     NZD         2,000         USD         1,383         (6
                                         $ (4,676
CURRENCY LEGEND                          

AUD – Australian dollar

BRL – Brazilian real

CAD – Canadian dollar

NZD – New Zealand dollar

USD – U.S. dollar

 

See Notes to Financial Statements.

 

30   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments

WisdomTree Emerging Markets Consumer Growth Fund (EMCG)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.6%      
Brazil – 22.3%      

Alupar Investimento S.A.

     4,700       $ 19,694   

Ambev S.A.

     189,112         1,004,257   

Arezzo Industria e Comercio S.A.

     2,100         13,836   

BB Seguridade Participacoes S.A.

     26,122         218,912   

BRF S.A.

     11,100         160,706   

CCR S.A.

     16,898         66,896   

CETIP S.A. - Mercados Organizados

     3,200         36,253   

Cia Hering

     5,960         24,738   

Cielo S.A.

     15,900         156,891   

CVC Brasil Operadora e Agencia de Viagens S.A.

     4,004         18,913   

Cyrela Brazil Realty S.A. Empreendimentos e Participacoes

     16,308         47,994   

Equatorial Energia S.A.

     8,100         93,616   

Estacio Participacoes S.A.

     7,678         25,608   

Ez Tec Empreendimentos e Participacoes S.A.

     11,837         53,908   

GAEC Educacao S.A.*

     3,500         9,826   

Grendene S.A.

     8,790         42,412   

Guararapes Confeccoes S.A.

     728         11,688   

Kroton Educacional S.A.

     38,300         124,064   

Light S.A.

     9,500         26,591   

Localiza Rent a Car S.A.

     3,180         26,667   

Lojas Americanas S.A.

     13,406         43,464   

Lojas Renner S.A.

     9,990         58,604   

M. Dias Branco S.A.

     2,778         52,809   

MRV Engenharia e Participacoes S.A.

     22,282         74,441   

Multiplus S.A.

     3,600         33,278   

Natura Cosmeticos S.A.

     7,912         59,251   

Porto Seguro S.A.

     6,014         46,225   

Sao Martinho S.A.

     2,100         28,614   

Ser Educacional S.A.(a)

     9,000         26,817   

Smiles S.A.

     3,200         34,321   

TOTVS S.A.

     2,200         16,885   

Tractebel Energia S.A.

     9,188         95,095   
     

 

 

 
Total Brazil         2,753,274   
Chile – 0.1%      

Forus S.A.

     5,436         15,442   
China – 20.0%      

Alibaba Group Holding Ltd. ADR*

     4,380         346,151   

Autohome, Inc. ADR*(b)

     300         8,382   

BAIC Motor Corp. Ltd. Class H(a)

     95,000         72,751   

Baidu, Inc. ADR*

     1,022         195,079   

CGN Power Co., Ltd. Class H(a)

     173,000         58,659   

China Life Insurance Co., Ltd. Class H

     82,000         202,343   

China Machinery Engineering Corp. Class H

     26,000         18,168   

China Pacific Insurance Group Co., Ltd. Class H

     42,600         159,272   

China Southern Airlines Co., Ltd. Class H

     96,000         60,522   

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

     22,000         53,209   

Great Wall Motor Co., Ltd. Class H

     123,000         99,903   

Guangzhou Automobile Group Co., Ltd. Class H

     70,000         72,829   

Guangzhou Baiyunshan Pharmaceutical Holdings Co., Ltd. Class H

     6,000         13,552   

Hisense Kelon Electrical Holdings Co., Ltd. Class H*

     13,000       $ 5,464   

Huadian Fuxin Energy Corp., Ltd. Class H

     42,000         9,801   

Huaneng Power International, Inc. Class H

     118,000         105,578   

Huaneng Renewables Corp., Ltd. Class H

     52,000         16,157   

Jiangsu Expressway Co., Ltd. Class H

     28,000         37,687   

NetEase, Inc. ADR

     447         64,180   

New China Life Insurance Co., Ltd. Class H

     23,400         82,510   

New Oriental Education & Technology Group, Inc. ADR

     1,068         36,942   

PICC Property & Casualty Co., Ltd. Class H

     108,000         197,995   

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

     56,000         267,851   

Qihoo 360 Technology Co., Ltd. ADR*

     366         27,651   

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

     24,000         15,285   

Shanghai Fosun Pharmaceutical Group Co., Ltd. Class H

     8,978         24,770   

Shanghai Jin Jiang International Hotels Group Co., Ltd. Class H(b)

     54,000         21,999   

Shanghai Pharmaceuticals Holding Co., Ltd. Class H

     15,400         30,417   

Sinopec Engineering Group Co., Ltd. Class H

     44,500         36,029   

Travelsky Technology Ltd. Class H

     15,000         24,560   

Tsingtao Brewery Co., Ltd. Class H

     8,000         30,374   

Vipshop Holdings Ltd. ADR*

     1,457         18,766   

Xinhua Winshare Publishing and Media Co., Ltd. Class H

     18,000         15,571   

YY, Inc. ADR*

     240         14,782   

Zhuzhou CRRC Times Electric Co., Ltd. Class H

     4,500         26,281   
     

 

 

 
Total China         2,471,470   
India – 2.2%      

Apollo Tyres Ltd.

     11,341         29,953   

Bajaj Auto Ltd.

     982         35,677   

Britannia Industries Ltd.

     608         24,665   

Ceat Ltd.

     861         14,128   

Dabur India Ltd.

     3,221         12,155   

Exide Industries Ltd.

     5,904         12,424   

Hero MotoCorp Ltd.

     939         41,768   

JK Tyre & Industries Ltd.

     10,391         13,212   

JSW Energy Ltd.

     14,063         14,770   

Sintex Industries Ltd.

     10,308         11,985   

SRF Ltd.

     730         14,424   

Sun TV Network Ltd.

     5,706         32,523   

Zee Entertainment Enterprises Ltd.

     2,837         16,577   
     

 

 

 
Total India         274,261   
Indonesia – 7.5%      

Alam Sutera Realty Tbk PT

     472,900         13,267   

Astra Agro Lestari Tbk PT

     21,400         29,372   

Astra International Tbk PT

     546,500         298,803   

Bumi Serpong Damai Tbk PT

     251,700         34,832   

Charoen Pokphand Indonesia Tbk PT

     153,600         41,585   

Gudang Garam Tbk PT

     19,000         93,567   

Indofood CBP Sukses Makmur Tbk PT

     49,100         56,283   

Lippo Cikarang Tbk PT*

     21,800         11,632   

Matahari Putra Prima Tbk PT

     64,000         7,819   

Media Nusantara Citra Tbk PT

     202,300         33,259   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      31   


Table of Contents

Schedule of Investments (continued)

WisdomTree Emerging Markets Consumer Growth Fund (EMCG)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Pakuwon Jati Tbk PT

     967,700       $ 35,322   

Perusahaan Gas Negara Persero Tbk

     394,600         77,819   

Sawit Sumbermas Sarana Tbk PT

     102,900         14,938   

Sri Rejeki Isman Tbk PT

     587,500         14,311   

Summarecon Agung Tbk PT

     160,900         19,233   

Surya Citra Media Tbk PT

     125,700         29,766   

Unilever Indonesia Tbk PT

     36,500         118,157   
     

 

 

 
Total Indonesia         929,965   
Malaysia – 1.4%      

Berjaya Auto Bhd

     31,100         17,298   

Berjaya Sports Toto Bhd

     32,400         26,242   

British American Tobacco Malaysia Bhd

     4,000         55,404   

Carlsberg Brewery Malaysia Bhd

     4,900         17,558   

Mah Sing Group Bhd

     52,962         19,276   

Sunway Bhd

     46,000         37,022   
     

 

 

 
Total Malaysia         172,800   
Mexico – 4.6%      

Coca-Cola Femsa S.A.B. de C.V. Series L

     21,840         182,950   

El Puerto de Liverpool S.A.B. de C.V. Class C1

     9,000         107,268   

Grupo Lala S.A.B. de C.V.

     20,800         57,141   

Industrias Bachoco S.A.B. de C.V. Series B

     13,100         56,580   

Kimberly-Clark de Mexico S.A.B. de C.V. Class A

     24,120         58,506   

La Comer S.A.B. de C.V.*

     15,532         16,903   

Megacable Holdings S.A.B. de C.V. Series CPO

     11,954         49,978   

Promotora y Operadora de Infraestructura S.A.B. de C.V.

     3,200         35,474   
     

 

 

 
Total Mexico         564,800   
Philippines – 1.1%      

Puregold Price Club, Inc.

     39,200         30,989   

Robinsons Retail Holdings, Inc.

     14,760         23,721   

Universal Robina Corp.

     16,970         79,902   
     

 

 

 
Total Philippines         134,612   
Poland – 0.2%      

CCC S.A.

     697         29,916   
Russia – 3.5%      

Magnit PJSC GDR Reg S

     5,427         216,809   

MegaFon PJSC GDR Reg S

     6,992         76,912   

Mobile TeleSystems PJSC ADR

     16,790         135,831   
     

 

 

 
Total Russia         429,552   
South Africa – 7.8%      

Astral Foods Ltd.

     1,231         9,290   

AVI Ltd.

     3,877         22,901   

Clicks Group Ltd.

     2,808         18,553   

Famous Brands Ltd.(b)

     1,227         9,752   

Foschini Group Ltd. (The)

     3,670         35,293   

Hosken Consolidated Investments Ltd.

     2,418         18,416   

Hyprop Investments Ltd.

     5,334         42,674   

Illovo Sugar Ltd.

     12,557         17,630   

Imperial Holdings Ltd.

     3,572         36,526   

Lewis Group Ltd.(b)

     4,704         15,032   

Massmart Holdings Ltd.

     2,339         20,170   

Metair Investments Ltd.

     7,134       $ 9,604   

Mr. Price Group Ltd.

     3,221         38,857   

MTN Group Ltd.(b)

     25,502         234,421   

Oceana Group Ltd.

     1,407         11,958   

Pick n Pay Stores Ltd.

     3,734         17,832   

Resilient REIT Ltd.

     7,648         70,479   

Shoprite Holdings Ltd.(b)

     6,973         82,313   

SPAR Group Ltd. (The)

     2,071         28,021   

Sun International Ltd.(b)

     3,377         15,774   

Super Group Ltd.*

     7,987         23,698   

Tiger Brands Ltd.

     2,241         49,554   

Truworths International Ltd.

     7,991         53,364   

Tsogo Sun Holdings Ltd.

     18,156         29,182   

Woolworths Holdings Ltd.

     8,144         49,651   
     

 

 

 
Total South Africa         960,945   
South Korea – 15.8%      

Amorepacific Corp.

     347         117,275   

CJ E&M Corp.

     1,077         60,085   

CJ O Shopping Co., Ltd.

     120         20,777   

Com2uSCorp*

     178         19,285   

Cuckoo Electronics Co., Ltd.

     93         16,305   

DRB Holding Co., Ltd.

     925         10,434   

Grand Korea Leisure Co., Ltd.

     973         19,441   

Hanssem Co., Ltd.

     109         21,302   

Hyundai Home Shopping Network Corp.

     310         35,375   

Hyundai Hy Communications & Network Co., Ltd.

     3,667         10,902   

Hyundai Mobis Co., Ltd.

     3,443         749,656   

Hyundai Wia Corp.

     892         81,899   

Kangwon Land, Inc.

     2,358         84,332   

KT&G Corp.

     2,373         228,253   

LEADCORP, Inc. (The)

     904         7,257   

LG Display Co., Ltd.

     10,370         241,205   

LG Household & Health Care Ltd.

     123         101,640   

Loen Entertainment, Inc.

     180         12,293   

Pyeong Hwa Automotive Co., Ltd.

     1,005         11,732   

Shinsegae Co., Ltd.

     439         77,927   

WeMade Entertainment Co., Ltd.*

     811         22,161   
     

 

 

 
Total South Korea         1,949,536   
Taiwan – 6.1%      

Catcher Technology Co., Ltd.

     10,000         82,028   

Cheng Shin Rubber Industry Co., Ltd.

     66,000         132,681   

Chimei Materials Technology Corp.

     21,000         12,789   

De Licacy Industrial Co., Ltd.

     9,000         10,123   

Depo Auto Parts Ind Co., Ltd.

     4,000         13,112   

Formosa International Hotels Corp.

     2,000         12,056   

Foxconn Technology Co., Ltd.

     23,000         51,597   

Highwealth Construction Corp.

     35,000         51,112   

Holiday Entertainment Co., Ltd.

     7,000         12,202   

Huaku Development Co., Ltd.

     11,000         20,336   

Merida Industry Co., Ltd.

     5,000         22,138   

Nanya Technology Corp.

     121,595         150,936   

Novatek Microelectronics Corp.

     10,000         40,238   

Ruentex Development Co., Ltd.

     34,000         43,049   

 

See Notes to Financial Statements.

 

32   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (concluded)

WisdomTree Emerging Markets Consumer Growth Fund (EMCG)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Ruentex Industries Ltd.

     35,000       $ 57,637   

Test Research, Inc.

     7,000         10,723   

Yulon Nissan Motor Co., Ltd.

     6,000         38,498   
     

 

 

 
Total Taiwan         761,255   
Thailand – 4.3%      

Amata Corp. PCL NVDR

     35,200         12,307   

AP Thailand PCL NVDR

     95,370         16,537   

BEC World PCL NVDR

     21,500         17,265   

CH Karnchang PCL NVDR

     24,200         17,541   

Charoen Pokphand Foods PCL NVDR

     134,300         93,147   

CP ALL PCL NVDR

     60,900         79,198   

GFPT PCL NVDR

     40,700         13,999   

Home Product Center PCL NVDR

     129,059         30,265   

Intouch Holdings PCL NVDR

     35,600         64,511   

Jasmine International PCL NVDR

     415,700         41,121   

LPN Development PCL NVDR

     26,200         10,426   

Minor International PCL NVDR

     45,120         47,454   

MK Restaurants Group PCL NVDR

     9,200         13,926   

Pruksa Real Estate PCL NVDR

     40,200         30,853   

Robinson Department Store PCL NVDR

     14,000         19,997   

Supalai PCL NVDR

     49,700         26,418   
     

 

 

 
Total Thailand               534,965   
Turkey – 2.7%      

Aksa Akrilik Kimya Sanayii AS

     5,135         19,040   

BIM Birlesik Magazalar AS

     2,183         47,332   

Brisa Bridgestone Sabanci Sanayi ve Ticaret AS

     5,237         14,526   

Dogus Otomotiv Servis ve Ticaret AS

     9,383         41,921   

Emlak Konut Gayrimenkul Yatirim Ortakligi AS

     41,088         41,880   

Saf Gayrimenkul Yatirim Ortakligi AS

     49,080         13,770   

Tat Gida Sanayi A/S*

     8,802         18,537   

TAV Havalimanlari Holding AS

     4,936         29,468   

Tofas Turk Otomobil Fabrikasi AS

     10,428         84,663   

Ulker Biskuvi Sanayi AS

     2,706         20,086   
     

 

 

 
Total Turkey               331,223   

TOTAL COMMON STOCKS

(Cost: $13,357,768)

              12,314,016   
WARRANTS – 0.0%      
South Africa – 0.0%      
Adcock Ingram Holdings Ltd., 07/26/19*
(Cost: $0)
     182         49   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.2%   
United States – 2.2%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

     
(Cost: $269,888)(d)      269,888         269,888   

TOTAL INVESTMENTS IN SECURITIES – 101.8%

(Cost: $13,627,656)

        12,583,953   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (1.8)%

        (226,834
     

 

 

 
NET ASSETS – 100.0%             $ 12,357,119   

 

* Non-income producing security.

 

(a) 

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

 

(b) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(c) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(d) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $350,230 and the total market value of the collateral held by the Fund was $368,414. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $98,526.

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.

 

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS                          
Settlement
Date
  Contracts
To Deliver
     In
Exchange For
     Unrealized
Gain (Loss)
 

4/4/2016

    TRY         6,600         USD         2,337       $ (7

4/4/2016

    ZAR         10,000         USD         677         (3

4/5/2016

    ZAR         171,432         HKD         90,000         (53
                                        $ (63
CURRENCY LEGEND                                  

HKD – Hong Kong dollar

TRY – Turkish New lira

USD – U.S. dollar

ZAR – South African rand

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      33   


Table of Contents

Schedule of Investments

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.6%      
Brazil – 4.1%      

Ambev S.A.

     3,382       $ 17,960   

Banco Bradesco S.A.*

     361         3,064   

Banco Santander Brasil S.A.

     345         1,650   

BM&FBovespa S.A. - Bolsa de Valores Mercadorias e Futuros

     1,661         7,208   

BRF S.A.

     467         6,761   

CCR S.A.

     815         3,226   

CETIP S.A. - Mercados Organizados

     135         1,529   

Cielo S.A.

     474         4,677   

CPFL Energia S.A.*

     816         4,513   

Embraer S.A.

     511         3,439   

Equatorial Energia S.A.

     163         1,884   

Hypermarcas S.A.*

     200         1,587   

Itau Unibanco Holding S.A.

     300         2,261   

JBS S.A.

     739         2,283   

Klabin S.A.

     633         3,460   

Kroton Educacional S.A.

     991         3,210   

Lojas Renner S.A.

     555         3,256   

Raia Drogasil S.A.

     263         3,874   

Tim Participacoes S.A.

     933         2,106   

TOTVS S.A.

     100         768   

Tractebel Energia S.A.

     88         911   

Ultrapar Participacoes S.A.

     370         7,286   

WEG S.A.

     511         2,020   
     

 

 

 
Total Brazil         88,933   
Chile – 1.5%      

Banco de Chile

     24,590         2,648   

Banco de Credito e Inversiones

     33         1,336   

Banco Santander Chile

     41,659         2,029   

Cencosud S.A.

     530         1,339   

Cia Cervecerias Unidas S.A.

     162         1,828   

Colbun S.A.

     8,356         2,332   

Empresa Nacional de Electricidad S.A.

     2,139         2,980   

Empresa Nacional de Telecomunicaciones S.A.

     92         814   

Empresas CMPC S.A.

     1,256         2,935   

Empresas COPEC S.A.

     488         4,679   

Enersis Americas S.A.

     14,044         3,896   

S.A.C.I. Falabella

     722         5,050   
     

 

 

 
Total Chile         31,866   
China – 26.1%      

21Vianet Group, Inc. ADR*

     79         1,578   

AAC Technologies Holdings, Inc.

     1,000         7,645   

Alibaba Group Holding Ltd. ADR*

     1,100         86,933   

ANTA Sports Products Ltd.

     1,000         2,202   

Baidu, Inc. ADR*

     302         57,646   

Belle International Holdings Ltd.

     8,000         4,631   

Bitauto Holdings Ltd. ADR*

     38         942   

Byd Co., Ltd. Class H*

     1,000         5,737   

CAR, Inc.*

     2,000         2,346   

China Conch Venture Holdings Ltd.

     2,900         5,720   

China Huishan Dairy Holdings Co., Ltd.

     8,000         3,012   

China Medical System Holdings Ltd.

     2,000       $ 2,774   

China Minsheng Banking Corp., Ltd. Class H

     13,000         12,134   

China Vanke Co., Ltd. Class H

     2,500         6,130   

Country Garden Holdings Co., Ltd.

     14,000         5,559   

CSPC Pharmaceutical Group Ltd.

     4,000         3,620   

Ctrip.com International Ltd. ADR*

     477         21,112   

Dalian Wanda Commercial Properties Co., Ltd. Class H(a)

     1,100         6,516   

Evergrande Real Estate Group Ltd.

     9,000         6,950   

GCL-Poly Energy Holdings Ltd.

     11,000         1,815   

Geely Automobile Holdings Ltd.

     5,000         2,475   

GF Securities Co., Ltd. Class H*

     3,000         7,318   

GOME Electrical Appliances Holding Ltd.

     16,000         2,310   

Great Wall Motor Co., Ltd. Class H

     4,000         3,249   

Haitian International Holdings Ltd.

     1,000         1,715   

Hanergy Thin Film Power Group Ltd.*†

     102,000         1,315   

Hengan International Group Co., Ltd.

     1,000         8,677   

Intime Retail Group Co., Ltd.

     2,500         2,034   

JD.com, Inc. ADR*

     1,200         31,800   

Kingsoft Corp., Ltd.

     1,000         2,344   

Longfor Properties Co., Ltd.

     2,000         2,852   

Luye Pharma Group Ltd.*

     2,500         1,934   

NetEase, Inc. ADR

     78         11,199   

New Oriental Education & Technology Group, Inc. ADR

     181         6,261   

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

     8,500         40,656   

Qihoo 360 Technology Co., Ltd. ADR*

     103         7,782   

Renhe Commercial Holdings Co., Ltd.*

     42,000         1,679   

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

     4,000         2,548   

Shanghai Fosun Pharmaceutical Group Co., Ltd. Class H

     749         2,066   

Shenzhou International Group Holdings Ltd.

     1,000         5,441   

Shimao Property Holdings Ltd.

     1,500         2,220   

SINA Corp.*

     59         2,795   

Sino Biopharmaceutical Ltd.

     6,000         4,502   

Sohu.com, Inc.*

     34         1,684   

SouFun Holdings Ltd. ADR

     251         1,503   

Sun Art Retail Group Ltd.

     3,000         2,123   

Sunny Optical Technology Group Co., Ltd.

     1,000         2,811   

TAL Education Group ADR*

     61         3,030   

Tencent Holdings Ltd.

     5,600         114,360   

Tingyi Cayman Islands Holding Corp.

     2,000         2,236   

Uni-President China Holdings Ltd.

     2,000         1,596   

Vipshop Holdings Ltd. ADR*

     422         5,435   

Want Want China Holdings Ltd.

     9,000         6,672   

WH Group Ltd.*(a)

     10,000         7,246   

Xinyi Glass Holdings Ltd.

     4,000         2,666   

Xinyi Solar Holdings Ltd.

     4,000         1,423   

Youku Tudou, Inc. ADR*

     123         3,381   

YY, Inc. ADR*

     42         2,587   

ZTE Corp. Class H

     960         1,753   
     

 

 

 
Total China         560,680   

 

See Notes to Financial Statements.

 

34   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Czech Republic – 0.3%      

Komercni Banka AS

     24       $ 5,308   
Hong Kong – 0.5%      

Alibaba Pictures Group Ltd.*

     20,000         4,564   

BEP International Holdings Ltd.

     10,000         799   

Skyworth Digital Holdings Ltd.

     2,000         1,238   

Tech Pro Technology Development Ltd.*

     10,000         3,030   
     

 

 

 
Total Hong Kong         9,631   
Hungary – 0.4%      

OTP Bank PLC

     326         8,189   
India – 9.1%      

Adani Ports & Special Economic Zone Ltd.

     821         3,071   

Ambuja Cements Ltd.

     610         2,142   

Asian Paints Ltd.

     281         3,685   

Aurobindo Pharma Ltd.

     289         3,251   

Bajaj Auto Ltd.

     58         2,107   

Bharat Forge Ltd.

     110         1,450   

Bharti Airtel Ltd.

     1,352         7,162   

Bharti Infratel Ltd.

     487         2,809   

Britannia Industries Ltd.

     26         1,055   

Cadila Healthcare Ltd.

     238         1,139   

Cairn India Ltd.

     497         1,155   

Cipla Ltd.

     314         2,427   

Crompton Greaves Consumer Electricals Ltd.*†

     423         649   

Crompton Greaves Ltd.

     423         312   

Dabur India Ltd.

     585         2,208   

Dr. Reddy’s Laboratories Ltd.

     86         3,942   

Glenmark Pharmaceuticals Ltd.

     160         1,921   

HCL Technologies Ltd.

     474         5,827   

Hero MotoCorp Ltd.

     82         3,648   

Hindustan Unilever Ltd.

     652         8,561   

ICICI Bank Ltd. ADR

     1,218         8,721   

Idea Cellular Ltd.

     1,288         2,143   

IndusInd Bank Ltd.

     348         5,085   

Infosys Ltd. ADR

     830         15,787   

ITC Ltd.

     1,665         8,253   

JSW Steel Ltd.

     115         2,228   

Larsen & Toubro Ltd. GDR Reg S

     210         3,790   

Lupin Ltd.

     228         5,093   

Mahindra & Mahindra Ltd.

     296         5,412   

Marico Ltd.

     428         1,579   

Maruti Suzuki India Ltd.

     79         4,433   

Motherson Sumi Systems Ltd.

     331         1,332   

Reliance Communications Ltd.*

     1,168         882   

Reliance Industries Ltd. GDR(a)

     773         23,692   

Siemens Ltd.

     95         1,578   

Sun Pharmaceutical Industries Ltd.

     1,019         12,618   

Tata Consultancy Services Ltd.

     297         11,303   

Tata Motors Ltd. ADR*

     158         4,590   

Tech Mahindra Ltd.

     333         2,388   

UltraTech Cement Ltd.

     72         3,510   

United Spirits Ltd.*

     45         1,698   

UPL Ltd.

     311         2,243   

Vedanta Ltd.

     1,257       $ 1,705   

Wipro Ltd.

     474         4,039   

Yes Bank Ltd.

     248         3,240   
     

 

 

 
Total India         195,863   
Indonesia – 2.4%      

Astra International Tbk PT

     19,700         10,771   

Bank Central Asia Tbk PT

     19,100         19,157   

Gudang Garam Tbk PT

     700         3,447   

Indocement Tunggal Prakarsa Tbk PT

     900         1,339   

Indofood Sukses Makmur Tbk PT

     3,900         2,125   

Kalbe Farma Tbk PT

     17,600         1,918   

Lippo Karawaci Tbk PT

     24,400         1,923   

Matahari Department Store Tbk PT

     2,500         3,460   

Surya Citra Media Tbk PT

     5,200         1,231   

Unilever Indonesia Tbk PT

     1,500         4,856   

United Tractors Tbk PT

     1,800         2,077   
     

 

 

 
Total Indonesia         52,304   
Malaysia – 3.1%      

Astro Malaysia Holdings Bhd

     6,200         4,751   

British American Tobacco Malaysia Bhd

     200         2,770   

Dialog Group Bhd

     9,100         3,732   

Genting Bhd

     4,500         11,303   

Genting Malaysia Bhd

     6,500         7,564   

Hong Leong Bank Bhd

     1,508         5,218   

IOI Corp. Bhd

     5,300         6,208   

Maxis Bhd

     3,700         6,022   

PPB Group Bhd

     1,300         5,565   

SapuraKencana Petroleum Bhd

     6,100         2,908   

Westports Holdings Bhd

     3,400         3,599   

YTL Corp. Bhd

     10,500         4,414   

YTL Power International Bhd

     9,300         3,528   
     

 

 

 
Total Malaysia         67,582   
Mexico – 5.0%      

Alfa S.A.B. de C.V. Class A

     2,444         4,947   

Alsea S.A.B. de C.V.

     263         995   

America Movil S.A.B. de C.V. Series L

     21,310         16,700   

Cemex S.A.B. de C.V. Series CPO*

     7,393         5,414   

Coca-Cola Femsa S.A.B. de C.V. Series L

     263         2,203   

El Puerto de Liverpool S.A.B. de C.V. Class C1

     160         1,907   

Fomento Economico Mexicano S.A.B. de C.V.

     1,424         13,860   

Gruma S.A.B. de C.V. Class B

     118         1,885   

Grupo Aeroportuario del Pacifico S.A.B. de C.V. Class B

     307         2,761   

Grupo Aeroportuario del Sureste S.A.B. de C.V. Class B

     208         3,158   

Grupo Bimbo S.A.B. de C.V. Series A*

     939         2,798   

Grupo Financiero Banorte S.A.B. de C.V. Class O

     2,400         13,644   

Grupo Financiero Inbursa S.A.B. de C.V. Class O

     2,215         4,458   

Grupo Financiero Santander Mexico S.A.B. de C.V. Class B

     1,179         2,157   

Grupo Lala S.A.B. de C.V.

     479         1,316   

Grupo Mexico S.A.B. de C.V. Series B

     2,773         6,739   

Grupo Televisa S.A.B. Series CPO

     1,537         8,533   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      35   


Table of Contents

Schedule of Investments (continued)

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Kimberly-Clark de Mexico S.A.B. de C.V. Class A

     833       $ 2,021   

Mexichem S.A.B. de C.V.

     788         1,946   

Promotora y Operadora de Infraestructura S.A.B. de C.V.

     138         1,850   

Telesites S.A.B. de C.V.*

     1,836         1,075   

Wal-Mart de Mexico S.A.B. de C.V. Series V

     3,061         7,323   
     

 

 

 
Total Mexico         107,690   
Philippines – 2.2%      

Aboitiz Equity Ventures, Inc.

     1,700         2,400   

Aboitiz Power Corp.

     1,300         1,241   

Ayala Corp.

     250         4,072   

Ayala Land, Inc.

     4,900         3,751   

Bank of the Philippine Islands

     1,760         3,325   

BDO Unibank, Inc.

     1,190         2,644   

Globe Telecom, Inc.

     25         1,205   

GT Capital Holdings, Inc.

     60         1,811   

JG Summit Holdings, Inc.

     2,440         4,205   

Manila Electric Co.

     170         1,193   

Megaworld Corp.

     14,000         1,262   

Metro Pacific Investments Corp.

     9,800         1,249   

Metropolitan Bank & Trust Co.

     1,480         2,650   

Philippine Long Distance Telephone Co.

     45         1,935   

SM Investments Corp.

     310         6,393   

SM Prime Holdings, Inc.

     10,000         4,767   

Universal Robina Corp.

     530         2,496   
     

 

 

 
Total Philippines         46,599   
Poland – 1.6%      

Alior Bank S.A.*

     141         2,461   

Asseco Poland S.A.

     191         3,109   

Bank Pekao S.A.

     298         13,187   

Bank Zachodni WBK S.A.*

     60         4,948   

Cyfrowy Polsat S.A.*

     461         3,006   

ING Bank Slaski S.A.

     67         2,178   

LPP S.A.

     1         1,478   

mBank S.A.*

     21         1,918   

Orange Polska S.A.

     1,215         2,200   
     

 

 

 
Total Poland         34,485   
Russia – 3.1%      

Lukoil PJSC ADR

     580         22,281   

Magnit PJSC GDR Reg S

     319         12,744   

Mail.ru Group Ltd. GDR Reg S*

     97         2,105   

MegaFon PJSC GDR Reg S

     146         1,606   

MMC Norilsk Nickel PJSC ADR

     840         10,844   

Mobile TeleSystems PJSC ADR

     584         4,725   

PhosAgro OAO GDR Reg S

     118         1,664   

Polymetal International PLC

     249         2,430   

Severstal PAO GDR Reg S

     222         2,349   

Sistema JSFC GDR Reg S

     244         1,576   

X5 Retail Group N.V. GDR Reg S*

     131         2,777   

Yandex N.V. Class A*

     159         2,436   
     

 

 

 
Total Russia         67,537   
South Africa – 6.8%      

AngloGold Ashanti Ltd.*

     302       $ 4,199   

Aspen Pharmacare Holdings Ltd.*

     160         3,483   

AVI Ltd.

     232         1,370   

Barclays Africa Group Ltd.(b)

     281         2,858   

Bidvest Group Ltd. (The)

     207         5,250   

Capitec Bank Holdings Ltd.

     53         2,065   

Clicks Group Ltd.

     138         912   

Discovery Ltd.

     355         2,933   

FirstRand Ltd.

     2,908         9,564   

Foschini Group Ltd. (The)

     115         1,106   

Gold Fields Ltd.

     625         2,484   

Impala Platinum Holdings Ltd.*

     590         1,885   

Imperial Holdings Ltd.(b)

     206         2,107   

Investec Ltd.

     246         1,838   

Life Healthcare Group Holdings Ltd.

     511         1,240   

Mediclinic International PLC

     177         2,284   

MMI Holdings Ltd.

     749         1,268   

Mondi Ltd.

     100         1,930   

Mr. Price Group Ltd.

     133         1,604   

MTN Group Ltd.

     953         8,760   

Naspers Ltd. Class N

     251         35,172   

Nedbank Group Ltd.(b)

     212         2,800   

Netcare Ltd.

     1,063         2,609   

Pioneer Foods Group Ltd.

     99         936   

PSG Group Ltd.

     79         1,077   

Rand Merchant Investment Holdings Ltd.

     503         1,423   

Remgro Ltd.

     347         5,902   

Resilient REIT Ltd.

     376         3,465   

RMB Holdings Ltd.

     499         2,078   

Sanlam Ltd.

     1,185         5,518   

Sappi Ltd.*

     392         1,742   

Shoprite Holdings Ltd.

     249         2,939   

Standard Bank Group Ltd.

     1,031         9,287   

Tiger Brands Ltd.

     111         2,455   

Truworths International Ltd.

     306         2,043   

Vodacom Group Ltd.

     365         3,984   

Woolworths Holdings Ltd.

     541         3,298   
     

 

 

 
Total South Africa         145,868   
South Korea – 17.1%      

Amorepacific Corp.

     22         7,435   

AMOREPACIFIC Group

     21         2,690   

BGF retail Co., Ltd.

     11         1,578   

BNK Financial Group, Inc.

     193         1,637   

Celltrion, Inc.*

     75         7,201   

Cheil Worldwide, Inc.

     57         847   

CJ CGV Co., Ltd.

     9         777   

CJ CheilJedang Corp.

     6         1,823   

CJ Corp.

     12         2,051   

CJ E&M Corp.

     18         1,004   

CJ Korea Express Corp.*

     6         997   

Cosmax, Inc.

     6         659   

Coway Co., Ltd.

     36         3,038   

 

See Notes to Financial Statements.

 

36   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Daelim Industrial Co., Ltd.

     19       $ 1,510   

DGB Financial Group, Inc.

     159         1,237   

Dongbu Insurance Co., Ltd.

     35         2,323   

Doosan Corp.

     11         850   

Doosan Heavy Industries & Construction Co., Ltd.

     60         1,133   

E-Mart, Inc.

     15         2,302   

Green Cross Holdings Corp.

     32         1,019   

GS Engineering & Construction Corp.*

     45         1,074   

GS Holdings Corp.

     28         1,445   

GS Retail Co., Ltd.

     26         1,072   

Hana Financial Group, Inc.

     265         5,747   

Hankook Tire Co., Ltd.

     65         3,092   

Hanmi Pharm Co., Ltd.

     4         2,445   

Hanmi Science Co., Ltd.

     25         3,257   

Hanssem Co., Ltd.

     11         2,150   

Hanwha Chemical Corp.

     78         1,702   

Hanwha Corp.

     52         1,614   

Hanwha Life Insurance Co., Ltd.

     295         1,728   

Hanwha Techwin Co., Ltd.

     37         1,306   

Hotel Shilla Co., Ltd.

     26         1,512   

Hyosung Corp.

     19         2,393   

Hyundai Department Store Co., Ltd.

     15         1,804   

Hyundai Development Co-Engineering & Construction

     48         1,929   

Hyundai Engineering & Construction Co., Ltd.

     45         1,659   

Hyundai Glovis Co., Ltd.

     17         2,802   

Hyundai Heavy Industries Co., Ltd.*

     39         3,632   

Hyundai Marine & Fire Insurance Co., Ltd.

     65         1,887   

Hyundai Mobis Co., Ltd.

     46         10,016   

Hyundai Motor Co.

     105         14,002   

Hyundai Steel Co.

     58         2,815   

Hyundai Wia Corp.

     12         1,102   

Kakao Corp.

     19         1,648   

KB Financial Group, Inc.

     342         9,525   

KB Insurance Co., Ltd.

     59         1,757   

Kia Motors Corp.

     199         8,405   

Korea Investment Holdings Co., Ltd.

     44         1,691   

Korea Zinc Co., Ltd.

     9         3,789   

KT Corp.

     105         2,736   

KT&G Corp.

     98         9,426   

LG Chem Ltd.

     35         10,023   

LG Corp.

     96         5,750   

LG Display Co., Ltd.

     144         3,349   

LG Electronics, Inc.

     71         3,824   

LG Household & Health Care Ltd.

     7         5,784   

LG Uplus Corp.

     205         1,981   

Lotte Chemical Corp.

     13         3,882   

Lotte Shopping Co., Ltd.

     12         2,634   

Medy-Tox, Inc.

     4         1,544   

Meritz Securities Co., Ltd.

     370         1,153   

Mirae Asset Securities Co., Ltd.

     79         1,613   

NAVER Corp.

     14         7,798   

NCSoft Corp.

     7         1,552   

NH Investment & Securities Co., Ltd.

     122         1,059   

OCI Co., Ltd.

     15         1,390   

Orion Corp/Republic of Korea

     2       $ 1,599   

Ottogi Corp.

     2         1,586   

POSCO

     55         10,557   

S-1 Corp.

     14         1,082   

Samsung C&T Corp.

     67         8,378   

Samsung Electro-Mechanics Co., Ltd.

     37         1,902   

Samsung Electronics Co., Ltd.

     59         67,688   

Samsung Fire & Marine Insurance Co., Ltd.

     35         9,029   

Samsung Heavy Industries Co., Ltd.

     142         1,372   

Samsung Life Insurance Co., Ltd.

     93         9,555   

Samsung SDS Co., Ltd.

     21         3,214   

Samsung Securities Co., Ltd.

     47         1,642   

Shinhan Financial Group Co., Ltd.

     416         14,732   

Shinsegae Co., Ltd.

     6         1,065   

SK Holdings Co., Ltd.

     26         5,070   

SK Hynix, Inc.

     272         6,695   

SK Innovation Co., Ltd.

     45         6,768   

SK Telecom Co., Ltd.

     32         5,834   

ViroMed Co., Ltd.*

     11         1,480   

Yuhan Corp.

     6         1,472   
     

 

 

 
Total South Korea         367,329   
Taiwan – 11.5%      

Acer, Inc.*

     3,000         1,151   

Advanced Semiconductor Engineering, Inc.

     4,000         4,654   

Asia Cement Corp.

     1,000         913   

AU Optronics Corp.

     8,000         2,404   

Cathay Financial Holding Co., Ltd.

     8,000         9,582   

Chang Hwa Commercial Bank Ltd.

     6,000         3,076   

Cheng Shin Rubber Industry Co., Ltd.

     1,000         2,010   

China Development Financial Holding Corp.

     17,000         4,543   

China Life Insurance Co., Ltd.

     4,400         3,384   

Compal Electronics, Inc.

     3,000         1,883   

CTBC Financial Holding Co., Ltd.

     18,215         9,621   

Delta Electronics, Inc.

     1,052         4,642   

E.Sun Financial Holding Co., Ltd.

     8,782         4,912   

Eva Airways Corp.*

     3,000         1,678   

Far Eastern New Century Corp.

     3,080         2,517   

Far EasTone Telecommunications Co., Ltd.

     1,000         2,240   

Formosa Chemicals & Fibre Corp.

     3,000         7,476   

Formosa Petrochemical Corp.

     2,000         5,748   

Formosa Plastics Corp.

     4,000         9,918   

Foxconn Technology Co., Ltd.

     1,010         2,266   

Fubon Financial Holding Co., Ltd.

     7,000         8,917   

Giant Manufacturing Co., Ltd.

     1,000         5,779   

Highwealth Construction Corp.

     1,000         1,460   

Hon Hai Precision Industry Co., Ltd.

     7,350         19,366   

HTC Corp.

     1,000         2,865   

Innolux Corp.

     8,000         2,796   

Inotera Memories, Inc.*

     1,000         906   

Inventec Corp.

     2,000         1,268   

Lite-On Technology Corp.

     2,005         2,448   

MediaTek, Inc.

     1,000         7,675   

Nan Ya Plastics Corp.

     4,000         8,402   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      37   


Table of Contents

Schedule of Investments (concluded)

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Pegatron Corp.

     1,000       $ 2,333   

Pou Chen Corp.

     3,000         3,822   

Quanta Computer, Inc.

     2,000         3,492   

Ruentex Industries Ltd.

     1,000         1,647   

Shin Kong Financial Holding Co., Ltd.

     9,449         1,897   

Siliconware Precision Industries Co., Ltd.

     2,000         3,231   

SinoPac Financial Holdings Co., Ltd.

     11,662         3,605   

Synnex Technology International Corp.

     1,000         1,030   

Taishin Financial Holding Co., Ltd.

     7,000         2,469   

Taiwan Cement Corp.

     4,000         3,915   

Taiwan Mobile Co., Ltd.

     1,000         3,247   

Taiwan Semiconductor Manufacturing Co., Ltd.

     10,000         50,336   

Teco Electric and Machinery Co., Ltd.

     2,000         1,631   

Uni-President Enterprises Corp.

     4,160         7,303   

United Microelectronics Corp.

     11,000         4,546   

WPG Holdings Ltd.

     1,000         1,066   

Yuanta Financial Holding Co., Ltd.

     11,236         4,015   
     

 

 

 
Total Taiwan         246,085   
Thailand – 2.8%      

Advanced Info Service PCL NVDR

     1,600         8,277   

Bangkok Dusit Medical Services PCL NVDR

     6,400         4,257   

Bank of Ayudhya PCL NVDR

     3,000         2,942   

Big C Supercenter PCL NVDR

     500         3,567   

BTS Group Holdings PCL NVDR

     9,000         2,290   

Bumrungrad Hospital PCL NVDR

     500         3,013   

Central Pattana PCL NVDR

     2,200         3,221   

Charoen Pokphand Foods PCL NVDR

     3,600         2,497   

CP ALL PCL NVDR

     5,300         6,892   

Delta Electronics Thailand PCL NVDR

     500         1,236   

Energy Absolute PCL NVDR

     2,300         1,458   

Glow Energy PCL NVDR

     500         1,308   

Indorama Ventures PCL NVDR

     2,300         1,491   

Kasikornbank PCL NVDR

     2,000         9,835   

Minor International PCL NVDR

     2,110         2,219   

Thai Union Group PCL NVDR

     3,400         2,020   

Total Access Communication PCL NVDR

     1,400         1,642   

True Corp. PCL NVDR*

     13,300         2,873   
     

 

 

 
Total Thailand         61,038   
Turkey – 1.9%      

Akbank TAS

     1,717         4,891   

Anadolu Efes Biracilik ve Malt Sanayii AS

     181         1,378   

Arcelik AS

     355         2,416   

BIM Birlesik Magazalar AS

     191         4,141   

Enka Insaat ve Sanayi AS

     1,120         1,941   

Haci Omer Sabanci Holding AS

     1,414         4,891   

KOC Holding AS

     896         4,554   

TAV Havalimanlari Holding AS

     216         1,290   

Tupras Turkiye Petrol Rafinerileri AS*

     146         4,114   

Turkcell Iletisim Hizmetleri AS

     855         3,598   

Turkiye Garanti Bankasi AS

     2,231         6,529   

Ulker Biskuvi Sanayi AS

     165         1,225   
     

 

 

 
Total Turkey         40,968   
United States – 0.1%      
China Biologic Products, Inc.*      20       $ 2,290   

TOTAL COMMON STOCKS

(Cost: $2,259,552)

  

  

     2,140,245   
RIGHTS – 0.0%      
Chile – 0.0%      
Banco de Credito e Inversiones, expiring 4/19/16* (Cost $0)      3         7   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.3%   

United States – 0.3%

     

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

     
(Cost: $5,855)(d)      5,855         5,855   

TOTAL INVESTMENTS IN SECURITIES – 99.9%

(Cost: $2,265,407)

        2,146,107   

Cash, Foreign Currency and Other Assets in Excess of Liabilities – 0.1%

        1,652   
     

 

 

 
NET ASSETS - 100.0%             $ 2,147,759   
* 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 $3,717, which represents 0.2% of net assets.

 

(a) 

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

 

(b) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(c) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(d) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $5,574 and the total market value of the collateral held by the Fund was $5,855.

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.

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS                          
Settlement
Date
   Contracts
To Deliver
     In
Exchange For
     Unrealized
Gain (Loss)
 

4/4/2016

     ZAR         11,188         USD         763       $ 2   
CURRENCY LEGEND                                  

USD – U.S. dollar

ZAR – South African rand

 

See Notes to Financial Statements.

 

38   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments

WisdomTree Emerging Markets High Dividend Fund (DEM)

March 31, 2016

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.8%      
Brazil – 8.8%      

AES Tiete Energia S.A.

     227,757       $ 993,545   

Alupar Investimento S.A.

     385,256         1,614,292   

Banco do Brasil S.A.

     2,735,923         15,262,189   

Banco Santander Brasil S.A.

     2,428,214         11,613,495   

BB Seguridade Participacoes S.A.

     1,151,168         9,647,204   

BM&FBovespa S.A. – Bolsa de Valores Mercadorias e Futuros

     728,657         3,162,174   

BR Malls Participacoes S.A.

     269,188         1,120,351   

CCR S.A.

     2,139,946         8,471,626   

CETIP S.A. – Mercados Organizados

     135,386         1,533,789   

Cia Hering

     198,454         823,718   

Cia Paranaense de Energia

     220,474         1,147,162   

Cia Siderurgica Nacional S.A.

     1,951,279         3,936,694   

CVC Brasil Operadora e Agencia de Viagens S.A.

     178,512         843,197   

Cyrela Brazil Realty S.A. Empreendimentos e Participacoes

     412,846         1,215,007   

EcoRodovias Infraestrutura e Logistica S.A.

     1,175,152         1,989,535   

Even Construtora e Incorporadora S.A.

     580,862         681,824   

Ez Tec Empreendimentos e Participacoes S.A.

     277,646         1,264,449   

Fleury S.A.

     208,974         1,270,708   

Grendene S.A.

     260,504         1,256,947   

Light S.A.

     242,462         678,675   

Mahle-Metal Leve S.A.

     186,881         1,242,358   

MRV Engenharia e Participacoes S.A.

     563,743         1,883,385   

Multiplus S.A.

     231,124         2,136,462   

Natura Cosmeticos S.A.

     535,553         4,010,603   

Odontoprev S.A.

     532,618         1,713,275   

Porto Seguro S.A.

     152,974         1,175,793   

Smiles S.A.

     211,385         2,267,140   

Tractebel Energia S.A.

     657,902         6,809,211   

Transmissora Alianca de Energia Eletrica S.A.

     697,970         3,974,333   

Tupy S.A.

     140,055         652,062   

Vale S.A.

     4,808,070         20,553,685   

Via Varejo S.A.

     766,107         1,204,068   
     

 

 

 
Total Brazil         116,148,956   
Chile – 1.8%      

AES Gener S.A.

     6,573,182         3,327,080   

Aguas Andinas S.A. Class A

     6,467,180         3,701,084   

Banco de Chile

     49,510,321         5,332,541   

Banco Santander Chile

     95,671,164         4,658,688   

CAP S.A.

     243,395         720,403   

Corpbanca S.A.

     210,516,936         1,928,097   

Inversiones Aguas Metropolitanas S.A.

     1,139,023         1,811,749   

Ripley Corp. S.A.

     3,888,677         1,768,934   
     

 

 

 
Total Chile         23,248,576   
China – 19.9%      

Agricultural Bank of China Ltd. Class H

     19,377,000         6,969,829   

Anhui Expressway Co., Ltd. Class H

     635,057         494,517   

BAIC Motor Corp. Ltd. Class H(a)

     1,487,000         1,138,751   

Bank of China Ltd. Class H

     45,688,084       $ 18,966,632   

Bank of Communications Co., Ltd. Class H

     17,162,287         11,284,355   

Belle International Holdings Ltd.

     14,081,000         8,151,007   

China Aoyuan Property Group Ltd.

     2,997,000         610,485   

China Construction Bank Corp. Class H

     52,129,054         33,267,215   

China Everbright Bank Co., Ltd. Class H

     4,161,000         2,022,416   

China Hongqiao Group Ltd.(b)

     6,831,000         4,746,838   

China Jinmao Holdings Group Ltd.

     5,256,000         1,463,661   

China Lilang Ltd.

     1,440,000         879,979   

China Merchants Bank Co., Ltd. Class H

     1,692,932         3,557,611   

China National Building Material Co., Ltd. Class H(b)

     2,636,000         1,223,431   

China Oilfield Services Ltd. Class H(b)

     1,880,000         1,468,797   

China Petroleum & Chemical Corp. Class H

     19,305,799         12,668,843   

China Resources Cement Holdings Ltd.(b)

     4,896,000         1,495,964   

China Resources Power Holdings Co., Ltd.

     3,318,000         6,202,629   

China Shenhua Energy Co., Ltd. Class H

     3,630,000         5,709,497   

China Shineway Pharmaceutical Group Ltd.

     665,000         801,613   

China South City Holdings Ltd.(b)

     4,896,000         1,009,934   

China Zhongwang Holdings Ltd.(b)

     5,530,000         2,730,583   

Chongqing Rural Commercial Bank Co., Ltd. Class H

     2,011,991         1,063,509   

CIFI Holdings Group Co., Ltd.

     5,902,000         1,415,284   

CIMC Enric Holdings Ltd.

     1,496,000         794,621   

CNOOC Ltd.

     46,045,000         54,376,263   

Country Garden Holdings Co., Ltd.

     16,995,000         6,748,438   

Datang International Power Generation Co., Ltd. Class H

     2,638,350         812,946   

Dongyue Group Ltd.

     3,374,000         595,932   

Evergrande Real Estate Group Ltd.(b)

     13,424,000         10,366,691   

Great Wall Motor Co., Ltd. Class H

     2,286,500         1,857,134   

Greatview Aseptic Packaging Co., Ltd.

     1,257,000         597,989   

Huadian Power International Corp., Ltd. Class H

     1,134,000         722,223   

Huaneng Power International, Inc. Class H

     3,298,000         2,950,812   

Industrial & Commercial Bank of China Ltd. Class H

     46,870,823         26,225,496   

Jiangsu Expressway Co., Ltd. Class H

     1,136,527         1,529,719   

KWG Property Holding Ltd.

     1,783,000         1,172,338   

Lonking Holdings Ltd.

     5,857,000         1,042,043   

Shanghai Industrial Holdings Ltd.

     668,000         1,574,288   

Shenzhen Expressway Co., Ltd. Class H

     772,000         673,810   

Shenzhen Investment Ltd.

     3,934,000         1,562,127   

Shimao Property Holdings Ltd.

     2,077,000         3,074,042   

Sino-Ocean Land Holdings Ltd.

     3,190,000         1,509,344   

Sinopec Engineering Group Co., Ltd. Class H

     1,333,000         1,079,248   

SITC International Holdings Co., Ltd.

     2,638,000         1,302,582   

Sunac China Holdings Ltd.

     1,682,000         1,131,952   

TCL Communication Technology Holdings Ltd.(b)

     1,513,000         994,811   

Xingda International Holdings Ltd.

     2,828,000         601,582   

Xinhua Winshare Publishing and Media Co., Ltd. Class H

     812,000         702,441   

Xinyi Glass Holdings Ltd.

     3,042,000         2,027,595   

XTEP International Holdings Ltd.

     1,975,000         1,064,326   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      39   


Table of Contents

Schedule of Investments (continued)

WisdomTree Emerging Markets High Dividend Fund (DEM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Yingde Gases Group Co., Ltd.

     2,709,000       $ 1,037,282   

Yuexiu Property Co., Ltd.

     8,262,000         1,192,984   

Yuexiu Transport Infrastructure Ltd.

     1,664,000         1,119,838   

Zhejiang Expressway Co., Ltd. Class H

     1,296,398         1,390,571   

Zijin Mining Group Co., Ltd. Class H(b)

     4,774,000         1,477,152   
     

 

 

 
Total China         262,652,000   
Czech Republic – 1.9%      

CEZ AS

     881,993         15,580,440   

Komercni Banka AS

     24,411         5,399,265   

O2 Czech Republic AS

     353,014         3,725,541   
     

 

 

 
Total Czech Republic         24,705,246   
Hong Kong – 0.3%      

Ajisen China Holdings Ltd.

     1,319,000         489,743   

CP Pokphand Co., Ltd.(b)

     17,152,000         1,791,147   

Kingboard Chemical Holdings Ltd.

     881,500         1,520,582   
     

 

 

 
Total Hong Kong         3,801,472   
Hungary – 0.3%      
MOL Hungarian Oil & Gas PLC      76,643         4,611,834   
Indonesia – 1.7%      

Adaro Energy Tbk PT

     30,600,800         1,488,500   

Indo Tambangraya Megah Tbk PT

     2,504,600         1,251,355   

Indocement Tunggal Prakarsa Tbk PT

     4,566,200         6,792,481   

Media Nusantara Citra Tbk PT

     13,684,300         2,249,757   

Perusahaan Gas Negara Persero Tbk

     23,417,408         4,618,139   

Tambang Batubara Bukit Asam Persero Tbk PT

     2,044,126         967,337   

United Tractors Tbk PT

     3,015,400         3,479,308   

Vale Indonesia Tbk PT*

     11,340,900         1,496,725   
     

 

 

 
Total Indonesia         22,343,602   
Malaysia – 5.7%      

AMMB Holdings Bhd

     1,932,500         2,278,483   

Berjaya Auto Bhd

     1,670,600         929,182   

Berjaya Sports Toto Bhd

     1,334,672         1,081,011   

British American Tobacco Malaysia Bhd

     283,197         3,922,585   

Carlsberg Brewery Malaysia Bhd

     254,236         910,988   

DiGi.Com Bhd

     7,101,547         8,991,834   

Felda Global Ventures Holdings Bhd

     4,933,800         1,909,532   

HAP Seng Consolidated Bhd

     1,949,865         3,763,292   

JCY International Bhd

     3,264,900         610,887   

Mah Sing Group Bhd

     2,478,900         902,227   

Malayan Banking Bhd

     6,505,165         15,039,495   

Maxis Bhd

     7,443,884         12,115,510   

Press Metal Bhd

     1,323,400         898,888   

Sime Darby Bhd

     5,137,600         10,468,773   

UMW Holdings Bhd

     1,261,700         2,221,679   

YTL Corp. Bhd

     12,880,700         5,414,417   

YTL Power International Bhd

     8,864,900         3,362,822   
     

 

 

 
Total Malaysia         74,821,605   
Mexico – 0.2%      

Concentradora Fibra Danhos S.A. de C.V.

     707,473         1,484,485   

Macquarie Mexico Real Estate Management S.A. de C.V.*

     677,157         920,248   
     

 

 

 
Total Mexico         2,404,733   
Philippines – 1.2%      

Energy Development Corp.

     19,224,900       $ 2,455,042   

Nickel Asia Corp.

     8,566,800         978,638   

Philippine Long Distance Telephone Co.

     297,069         12,774,386   
     

 

 

 
Total Philippines         16,208,066   
Poland – 2.9%      

Asseco Poland S.A.

     100,886         1,642,356   

Bank Handlowy w Warszawie S.A.

     119,128         2,896,661   

Bank Pekao S.A.

     181,246         8,020,424   

Energa S.A.

     713,141         2,511,964   

KGHM Polska Miedz S.A.

     177,250         3,624,150   

Lubelski Wegiel Bogdanka S.A.

     41,574         428,932   

Orange Polska S.A.

     1,849,414         3,349,109   

PGE Polska Grupa Energetyczna S.A.

     2,135,652         8,021,821   

Powszechny Zaklad Ubezpieczen S.A.

     708,002         6,772,044   

Tauron Polska Energia S.A.

     1,883,306         1,523,080   
     

 

 

 
Total Poland         38,790,541   
Russia – 12.9%      

Gazprom PAO ADR

     11,537,358         49,760,625   

LSR Group PJSC GDR Reg S

     605,087         1,376,573   

Lukoil PJSC ADR

     1,061,728         40,786,281   

MMC Norilsk Nickel PJSC ADR

     3,166,492         40,879,412   

Mobile TeleSystems PJSC ADR

     2,229,393         18,035,789   

Novolipetsk Steel GDR Reg S

     674,475         8,430,938   

Severstal PAO GDR Reg S

     1,009,568         10,681,230   

TMK PAO GDR Reg S

     294,776         893,171   
     

 

 

 
Total Russia         170,844,019   
South Africa – 8.0%      

African Rainbow Minerals Ltd.

     212,693         1,374,233   

Assore Ltd.

     173,017         1,893,917   

Astral Foods Ltd.

     66,386         501,009   

Barclays Africa Group Ltd.(b)

     487,646         4,959,679   

Barloworld Ltd.

     196,853         1,011,836   

Coronation Fund Managers Ltd.

     322,442         1,609,141   

Exxaro Resources Ltd.(b)

     287,349         1,406,658   

FirstRand Ltd.(b)

     2,509,133         8,251,752   

Foschini Group Ltd. (The)

     189,238         1,819,814   

Hudaco Industries Ltd.

     21,967         161,302   

Hyprop Investments Ltd.

     131,798         1,054,438   

Imperial Holdings Ltd.(b)

     185,708         1,898,999   

Lewis Group Ltd.(b)

     209,254         668,680   

Liberty Holdings Ltd.(b)

     150,186         1,476,230   

MMI Holdings Ltd.(b)

     949,354         1,607,215   

MTN Group Ltd.(b)

     2,501,301         22,992,650   

Nampak Ltd.

     837,273         1,212,532   

Nedbank Group Ltd.(b)

     241,594         3,190,756   

PPC Ltd.

     644,429         534,541   

Reunert Ltd.

     218,607         1,029,718   

RMB Holdings Ltd.(b)

     574,434         2,392,564   

Sasol Ltd.

     523,267         15,708,683   

Sibanye Gold Ltd.

     646,104         2,488,124   

Standard Bank Group Ltd.

     751,443         6,768,505   

 

See Notes to Financial Statements.

 

40   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree Emerging Markets High Dividend Fund (DEM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Truworths International Ltd.(b)

     392,603       $ 2,621,802   

Vodacom Group Ltd.

     1,594,773         17,406,099   
     

 

 

 
Total South Africa         106,040,877   
South Korea – 1.7%      

Hite Jinro Co., Ltd.

     68,699         1,736,097   

POSCO

     79,940         15,343,503   

Woori Bank

     569,587         4,711,694   
     

 

 

 
Total South Korea         21,791,294   
Taiwan – 23.2%      

AcBel Polytech, Inc.

     943,000         780,852   

Accton Technology Corp.

     1,324,000         1,448,074   

Advanced Semiconductor Engineering, Inc.

     9,533,000         11,092,805   

Alpha Networks, Inc.(b)

     1,695,000         890,054   

Asia Cement Corp.

     4,624,158         4,224,156   

Asustek Computer, Inc.

     925,000         8,306,146   

AU Optronics Corp.(b)

     10,393,000         3,122,679   

Capital Securities Corp.

     3,575,121         975,316   

Cathay Financial Holding Co., Ltd.

     5,907,000         7,075,405   

Cathay Real Estate Development Co., Ltd.

     759,000         338,418   

Cheng Shin Rubber Industry Co., Ltd.

     3,200,000         6,433,010   

Cheng Uei Precision Industry Co., Ltd.(b)

     568,000         751,827   

Chicony Electronics Co., Ltd.(b)

     735,276         1,891,650   

Chimei Materials Technology Corp.

     1,700,000         1,035,297   

Chin-Poon Industrial Co., Ltd.(b)

     600,000         1,083,147   

China Development Financial Holding Corp.

     11,791,000         3,150,715   

China Metal Products

     532,000         490,113   

China Steel Chemical Corp.(b)

     336,000         1,184,937   

China Steel Corp.(b)

     16,415,000         11,424,807   

China Synthetic Rubber Corp.

     1,442,176         1,091,132   

ChipMOS TECHNOLOGIES, Inc.(b)

     1,262,000         1,319,485   

Chong Hong Construction Co., Ltd.(b)

     631,050         941,163   

Chroma ATE, Inc.(b)

     440,000         946,060   

Chung-Hsin Electric & Machinery Manufacturing Corp.

     1,696,750         951,601   

Chunghwa Telecom Co., Ltd.

     7,877,000         26,800,009   

Clevo Co.(b)

     944,000         852,076   

Compal Electronics, Inc.

     4,251,000         2,668,102   

Coxon Precise Industrial Co., Ltd.

     461,000         704,735   

CTCI Corp.(b)

     822,000         1,080,369   

Cyberlink Corp.(b)

     417,571         952,328   

Darwin Precisions Corp.

     2,050,000         748,431   

Delta Electronics, Inc.

     2,070,457         9,135,126   

Elan Microelectronics Corp.(b)

     567,000         678,272   

Elitegroup Computer Systems Co., Ltd.

     1,109,000         692,608   

Eternal Materials Co., Ltd.

     1,253,820         1,279,766   

Everlight Electronics Co., Ltd.(b)

     801,000         1,334,004   

Far Eastern Department Stores Ltd.

     1,823,000         957,268   

Far Eastern New Century Corp.

     4,376,402         3,576,292   

Far EasTone Telecommunications Co., Ltd.

     3,199,000         7,166,539   

Farglory Land Development Co., Ltd.(b)

     1,065,000         1,226,021   

Feng Hsin Steel Co., Ltd.

     944,000         1,233,383   

Flytech Technology Co., Ltd.

     186,098         638,946   

Formosan Rubber Group, Inc.

     1,756,000         963,006   

Fubon Financial Holding Co., Ltd.

     6,242,000       $ 7,951,839   

Getac Technology Corp.

     1,290,000         905,854   

Gigabyte Technology Co., Ltd.

     1,168,000         1,288,342   

Greatek Electronics, Inc.

     1,262,000         1,443,003   

Highwealth Construction Corp.(b)

     944,000         1,378,573   

Holtek Semiconductor, Inc.

     534,000         871,085   

Huaku Development Co., Ltd.

     383,726         709,411   

IEI Integration Corp.(b)

     493,000         569,070   

Innolux Corp.

     14,051,000         4,911,563   

Inventec Corp.

     7,226,000         4,580,239   

Kenda Rubber Industrial Co., Ltd.

     745,000         1,185,185   

King Yuan Electronics Co., Ltd.

     1,628,000         1,446,706   

King’s Town Bank Co., Ltd.

     1,017,000         699,930   

Kinik Co.

     581,000         956,780   

Kinsus Interconnect Technology Corp.(b)

     663,000         1,472,921   

Lien Hwa Industrial Corp.

     872,000         548,658   

Lite-On Technology Corp.

     2,868,225         3,502,400   

MediaTek, Inc.

     2,732,000         20,967,064   

Mega Financial Holding Co., Ltd.

     8,483,302         6,036,155   

Merry Electronics Co., Ltd.(b)

     424,000         724,584   

Micro-Star International Co., Ltd.

     1,765,000         2,717,367   

Nanya Technology Corp.(b)

     2,902,314         3,602,642   

Novatek Microelectronics Corp.

     1,196,000         4,812,391   

Pegatron Corp.

     2,630,000         6,136,994   

Powertech Technology, Inc.

     830,000         1,882,612   

Qisda Corp.(b)

     2,492,000         805,270   

Quanta Computer, Inc.(b)

     5,515,990         9,632,073   

Radiant Opto-Electronics Corp.(b)

     524,170         1,016,288   

Realtek Semiconductor Corp.

     943,000         2,593,074   

Rechi Precision Co., Ltd.

     166,000         136,683   

Richtek Technology Corp.

     188,000         1,133,234   

Ruentex Development Co., Ltd.

     1,178,266         1,491,870   

Ruentex Industries Ltd.(b)

     1,912,000         3,148,645   

Sampo Corp.

     258,000         107,821   

Siliconware Precision Industries Co., Ltd.

     4,723,724         7,632,167   

Sinbon Electronics Co., Ltd.

     454,000         926,790   

SinoPac Financial Holdings Co., Ltd.

     5,160,000         1,595,265   

Syncmold Enterprise Corp.

     647,324         1,084,103   

Synnex Technology International Corp.(b)

     3,050,786         3,142,355   

Taiflex Scientific Co., Ltd.(b)

     489,254         553,345   

Taiwan Cement Corp.

     5,034,485         4,927,488   

Taiwan Cogeneration Corp.

     1,319,000         989,742   

Taiwan Fertilizer Co., Ltd.(b)

     1,401,000         2,117,781   

Taiwan Mobile Co., Ltd.

     3,992,253         12,962,666   

Taiwan PCB Techvest Co., Ltd.

     780,000         833,706   

Taiwan Secom Co., Ltd.(b)

     421,538         1,218,091   

Taiwan Surface Mounting Technology Corp.(b)

     769,900         684,164   

Test Research, Inc.

     368,000         563,709   

Test Rite International Co., Ltd.

     1,301,000         800,391   

Tong Hsing Electronic Industries Ltd.(b)

     292,000         842,866   

Topco Scientific Co., Ltd.

     339,718         632,274   

Transcend Information, Inc.

     748,000         2,312,516   

Tripod Technology Corp.(b)

     724,000         1,313,746   

TSRC Corp.(b)

     1,150,584         974,193   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      41   


Table of Contents

Schedule of Investments (concluded)

WisdomTree Emerging Markets High Dividend Fund (DEM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Tung Ho Steel Enterprise Corp.

     1,826,000       $ 1,109,194   

U-Ming Marine Transport Corp.(b)

     944,048         747,987   

United Integrated Services Co., Ltd.

     651,853         1,032,951   

United Microelectronics Corp.

     12,777,000         5,280,080   

Wan Hai Lines Ltd.

     4,010,000         2,311,257   

Wistron Corp.(b)

     3,319,179         2,052,314   

WPG Holdings Ltd.

     2,405,000         2,563,121   

WT Microelectronics Co., Ltd.(b)

     944,470         1,129,819   

WUS Printed Circuit Co., Ltd.

     824,000         760,403   

Yuanta Financial Holding Co., Ltd.

     6,719,913         2,401,162   

Yulon Nissan Motor Co., Ltd.(b)

     712,000         4,568,357   

Yungtay Engineering Co., Ltd.

     567,000         809,522   

Zeng Hsing Industrial Co., Ltd.

     191,000         881,292   
     

 

 

 
Total Taiwan         306,757,273   
Thailand – 6.9%      

Advanced Info Service PCL

     3,260,261         16,866,615   

Bangchak Petroleum PCL (The) NVDR

     1,097,700         912,670   

Bangkok Expressway & Metro PCL*

     11,686,035         1,843,590   

Bangkok Land PCL NVDR

     17,131,700         720,720   

Banpu PCL NVDR(b)

     3,167,280         1,503,513   

BEC World PCL NVDR

     2,200,500         1,767,030   

BTS Group Holdings PCL NVDR

     16,646,843         4,235,055   

Electricity Generating PCL

     439,600         2,230,489   

Hana Microelectronics PCL NVDR

     1,146,200         1,164,771   

Ichitan Group PCL NVDR

     1,725,000         637,436   

Intouch Holdings PCL NVDR(b)

     4,182,559         7,579,253   

Kiatnakin Bank PCL NVDR

     1,008,000         1,203,411   

Krung Thai Bank PCL NVDR

     8,056,800         4,282,608   

Land & Houses PCL NVDR

     10,406,753         2,647,539   

Pruksa Real Estate PCL NVDR

     1,378,500         1,057,973   

PTT Global Chemical PCL NVDR

     4,037,134         6,942,769   

PTT PCL NVDR

     2,366,294         18,833,494   

Ratchaburi Electricity Generating Holding PCL

     1,150,496         1,659,684   

Siam City Cement PCL NVDR

     208,300         1,823,661   

Siam Commercial Bank PCL (The) NVDR

     1,567,500         6,282,476   

Total Access Communication PCL NVDR(b)

     4,646,024         5,447,655   

TTW PCL NVDR

     5,608,877         1,594,337   
     

 

 

 
Total Thailand         91,236,749   
Turkey – 2.4%      

Brisa Bridgestone Sabanci Sanayi ve Ticaret AS

     430,672         1,194,569   

Cimsa Cimento Sanayi ve Ticaret AS

     299,134         1,672,184   

Dogus Otomotiv Servis ve Ticaret AS(b)

     349,900         1,563,285   

Eregli Demir ve Celik Fabrikalari TAS

     7,058,572         10,629,096   

Koza Altin Isletmeleri AS

     176,282         1,131,305   

Turk Telekomunikasyon AS

     5,725,042         13,582,158   

Turk Traktor ve Ziraat Makineleri AS(b)

     58,971         1,758,218   

Vestel Beyaz Esya Sanayi ve Ticaret AS

     201,488         826,504   
     

 

 

 
Total Turkey         32,357,319   

TOTAL COMMON STOCKS

(Cost: $1,671,150,608)

  

  

     1,318,764,162   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 4.5%   
United States – 4.5%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

     
(Cost: $59,328,633)(d)      59,328,633       $ 59,328,633   

TOTAL INVESTMENTS IN SECURITIES – 104.3%

(Cost: $1,730,479,241)

  

  

     1,378,092,795   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (4.3)%

   

     (56,871,492
     

 

 

 
NET ASSETS – 100.0%       $ 1,321,221,303   

 

* 

Non-income producing security.

 

(a) 

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

 

(b) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(c) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(d) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $81,437,076 and the total market value of the collateral held by the Fund was $91,020,865. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $31,692,232.

 

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.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS  
Settlement Date   Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/1/2016

    USD        19,708        HKD        152,841      $ (3

4/1/2016

    USD        260,634        TWD        8,388,502        8   

4/4/2016

    USD        274,345        BRL        983,306        3,112   

4/4/2016

    USD        266,456        THB        9,379,253        151   

4/4/2016

    ZAR        18,200,000        USD        1,218,812        (18,610

4/5/2016

    BRL        8,720,237        USD        2,457,789        (2,774

4/5/2016

    KRW        526,618,430        USD        459,648        (844

4/5/2016

    MYR        6,152,512        USD        1,574,741        (2,220

4/5/2016

    USD        710,498        HKD        5,509,060        (252
                                    $ (21,432

 

CURRENCY LEGEND

BRL – Brazilian real

HKD – Hong Kong dollar

KRW – South Korean won

MYR – Malaysian ringgit

THB – Thai baht

TWD – New Taiwan dollar

USD – U.S. dollar

ZAR – South African rand

 

See Notes to Financial Statements.

 

42   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments

WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 95.9%      
Brazil – 17.0%      

AES Tiete Energia S.A.

     13,203       $ 57,596   

Ambev S.A.

     317,695         1,687,082   

BB Seguridade Participacoes S.A.

     132,702         1,112,091   

CCR S.A.

     123,945         490,674   

CETIP S.A. – Mercados Organizados

     11,869         134,464   

Cielo S.A.

     37,808         373,066   

Equatorial Energia S.A.

     4,601         53,176   

Estacio Participacoes S.A.

     6,903         23,023   

GAEC Educacao S.A.*

     3,500         9,826   

Grendene S.A.

     17,506         84,467   

Lojas Renner S.A.

     9,824         57,630   

M. Dias Branco S.A.

     485         9,220   

Multiplus S.A.

     14,006         129,469   

Natura Cosmeticos S.A.

     34,980         261,955   

Odontoprev S.A.

     29,741         95,668   

Ser Educacional S.A.(a)

     3,701         11,028   

Smiles S.A.

     9,503         101,921   

TOTVS S.A.

     7,502         57,577   

Tractebel Energia S.A.

     39,400         407,786   

Via Varejo S.A.

     45,213         71,060   

WEG S.A.

     42,357         167,444   
     

 

 

 
Total Brazil         5,396,223   
Chile – 0.1%      

Forus S.A.

     12,106         34,389   
China – 19.7%      

AAC Technologies Holdings, Inc.(b)

     29,000         221,709   

ANTA Sports Products Ltd.

     101,000         222,403   

Boer Power Holdings Ltd.(b)

     28,000         22,092   

Brilliance China Automotive Holdings Ltd.

     64,000         66,256   

Cabbeen Fashion Ltd.

     40,000         18,617   

China Conch Venture Holdings Ltd.

     49,000         96,654   

China Everbright International Ltd.

     53,000         59,173   

China Hongqiao Group Ltd.(b)

     502,000         348,838   

China Lesso Group Holdings Ltd.

     70,000         37,542   

China Lilang Ltd.

     79,000         48,277   

China Medical System Holdings Ltd.

     51,000         70,748   

China Overseas Land & Investment Ltd.

     258,000         816,587   

China Pioneer Pharma Holdings Ltd.

     82,000         21,461   

China Saite Group Co., Ltd.

     72,000         6,034   

China Silver Group Ltd.(b)

     62,000         14,308   

China State Construction International Holdings Ltd.

     124,000         184,804   

Colour Life Services Group Co., Ltd.

     18,000         13,785   

Cosmo Lady China Holdings Co., Ltd.(a)(b)

     30,000         24,250   

CSPC Pharmaceutical Group Ltd.

     98,000         88,694   

CT Environmental Group Ltd.(b)

     18,000         5,291   

Evergrande Real Estate Group Ltd.(b)

     1,909,000         1,474,226   

Fu Shou Yuan International Group Ltd.

     28,000         20,035   

Golden Eagle Retail Group Ltd.(b)

     79,000         92,581   

Goldpac Group Ltd.

     33,000         13,997   

Great Wall Motor Co., Ltd. Class H

     154,000         125,081   

Guorui Properties Ltd.(b)

     76,000       $ 26,553   

Haier Electronics Group Co., Ltd.

     26,000         45,319   

Hengan International Group Co., Ltd.

     40,500         351,400   

Honworld Group Ltd.(a)

     23,000         15,953   

HOSA International Ltd.

     86,000         24,614   

Jiangnan Group Ltd.

     174,000         30,733   

Kingsoft Corp., Ltd.(b)

     13,000         30,470   

Koradior Holdings Ltd.

     52,000         82,057   

Logan Property Holdings Co., Ltd.

     168,000         62,595   

Ourgame International Holdings Ltd.(b)

     21,000         11,777   

Pacific Online Ltd.

     106,000         30,202   

Shandong Luoxin Pharmaceutical Group Stock Co., Ltd. Class H

     2,000         3,182   

Shenzhou International Group Holdings Ltd.

     44,000         239,385   

Sino Biopharmaceutical Ltd.

     54,000         40,518   

Sinopec Engineering Group Co., Ltd. Class H

     86,000         69,629   

SSY Group Ltd.(b)

     44,000         13,955   

Sunny Optical Technology Group Co., Ltd.(b)

     14,000         39,347   

Tencent Holdings Ltd.

     29,900         610,601   

Tenwow International Holdings Ltd.

     96,000         25,620   

Travelsky Technology Ltd. Class H

     18,000         29,472   

Trigiant Group Ltd.

     168,000         29,023   

Wisdom Sports Group

     57,000         18,959   

Xinyi Glass Holdings Ltd.

     186,000         123,975   

Xinyi Solar Holdings Ltd.(b)

     162,000         57,644   

Yangtze Optical Fibre and Cable Joint Stock Ltd. Co. Class H(a)

     50,500         60,288   

Yestar International Holdings Co., Ltd.

     20,000         8,432   

Zhuzhou CRRC Times Electric Co., Ltd. Class H

     9,364         54,688   
     

 

 

 
Total China         6,249,834   
Hong Kong – 0.2%      

Dawnrays Pharmaceutical Holdings Ltd.

     16,000         12,769   

Hang Fat Ginseng Holdings Co., Ltd.

     300,000         1,895   

Tibet Water Resources Ltd.

     86,000         26,610   

Wasion Group Holdings Ltd.

     28,000         14,800   
     

 

 

 
Total Hong Kong         56,074   
India – 0.9%      

Infosys Ltd. ADR

     9,730         185,065   

Wipro Ltd. ADR(b)

     6,730         84,663   
     

 

 

 
Total India         269,728   
Indonesia – 5.5%      

Ace Hardware Indonesia Tbk PT

     652,200         44,021   

AKR Corporindo Tbk PT

     103,900         54,457   

Alam Sutera Realty Tbk PT

     228,500         6,411   

Kalbe Farma Tbk PT

     618,431         67,393   

Media Nusantara Citra Tbk PT

     330,000         54,253   

Mitra Keluarga Karyasehat Tbk PT

     142,100         25,987   

Pakuwon Jati Tbk PT

     451,800         16,491   

Pembangunan Perumahan Persero Tbk PT

     21,064         6,132   

Sawit Sumbermas Sarana Tbk PT

     199,300         28,933   

Summarecon Agung Tbk PT

     192,600         23,022   

Surya Citra Media Tbk PT

     281,500         66,660   

Telekomunikasi Indonesia Persero Tbk PT

     3,847,300         964,727   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      43   


Table of Contents

Schedule of Investments (continued)

WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Unilever Indonesia Tbk PT

     118,200       $ 382,635   

Waskita Karya Persero Tbk PT

     28,929         4,374   

Wijaya Karya Beton Tbk PT

     88,800         6,697   
     

 

 

 
Total Indonesia         1,752,193   
Malaysia – 3.7%      

Berjaya Auto Bhd

     80,800         44,941   

Bursa Malaysia Bhd

     23,600         53,836   

Carlsberg Brewery Malaysia Bhd

     15,200         54,465   

Datasonic Group Bhd

     41,600         13,861   

DiGi.Com Bhd

     408,200         516,855   

Globetronics Technology Bhd

     16,100         22,325   

HAP Seng Consolidated Bhd

     67,200         129,698   

Hartalega Holdings Bhd

     29,800         37,045   

Inari Amertron Bhd

     26,275         21,685   

Kossan Rubber Industries

     7,700         11,940   

KSL Holdings Bhd

     56,100         18,980   

Mah Sing Group Bhd

     24,300         8,844   

Padini Holdings Bhd

     71,100         37,723   

Sunway Bhd

     87,900         70,744   

VS Industry Bhd

     28,000         8,612   

Westports Holdings Bhd

     127,400         134,862   
     

 

 

 
Total Malaysia         1,186,416   
Mexico – 1.7%      

Grupo Aeroportuario del Sureste S.A.B. de C.V. Class B

     7,073         107,405   

Grupo Carso S.A.B. de C.V. Series A1

     26,710         125,572   

Grupo Lala S.A.B. de C.V.

     27,210         74,750   

Industrias Bachoco S.A.B. de C.V. Series B

     14,006         60,493   

Kimberly-Clark de Mexico S.A.B. de C.V. Class A

     67,881         164,655   
     

 

 

 
Total Mexico         532,875   
Philippines – 1.7%      

D&L Industries, Inc.

     74,800         15,611   

DMCI Holdings, Inc.

     592,740         172,499   

Jollibee Foods Corp.

     7,980         39,341   

Semirara Mining & Power Corp.

     34,360         97,980   

Universal Robina Corp.

     45,060         212,162   
     

 

 

 
Total Philippines         537,593   
Poland – 0.1%      
CCC S.A.      1,040         44,638   
Russia – 2.3%      

MegaFon PJSC GDR Reg S

     11,880         130,680   

NovaTek OAO GDR Reg S

     6,491         583,216   
     

 

 

 
Total Russia         713,896   
South Africa – 12.0%      

Assore Ltd.

     6,920         75,749   

Astral Foods Ltd.

     2,633         19,871   

AVI Ltd.

     17,283         102,091   

Capitec Bank Holdings Ltd.

     2,503         97,518   

Cashbuild Ltd.

     739         16,279   

Clicks Group Ltd.

     8,255         54,543   

Discovery Ltd.

     9,222         76,181   

EOH Holdings Ltd.

     2,053         20,586   

Famous Brands Ltd.(b)

     3,393       $ 26,968   

Foschini Group Ltd. (The)

     9,563         91,963   

Hosken Consolidated Investments Ltd.

     1,438         10,952   

Hyprop Investments Ltd.

     13,048         104,389   

Life Healthcare Group Holdings Ltd.

     24,277         58,893   

Massmart Holdings Ltd.

     8,514         73,418   

Mr. Price Group Ltd.

     8,989         108,439   

Naspers Ltd. Class N

     1,316         184,408   

Netcare Ltd.

     38,535         94,582   

Oceana Group Ltd.

     3,061         26,015   

Pick n Pay Stores Ltd.

     15,290         73,019   

PPC Ltd.

     25,713         21,329   

Rand Merchant Investment Holdings Ltd.

     45,144         127,746   

Resilient REIT Ltd.

     15,335         141,318   

RMB Holdings Ltd.

     57,547         239,688   

Santam Ltd.

     5,255         83,877   

Shoprite Holdings Ltd.

     16,704         197,182   

SPAR Group Ltd. (The)

     7,769         105,115   

Tiger Brands Ltd.

     6,785         150,033   

Truworths International Ltd.(b)

     21,677         144,759   

Tsogo Sun Holdings Ltd.

     44,491         71,510   

Vodacom Group Ltd.

     92,297         1,007,373   

Woolworths Holdings Ltd.

     30,708         187,217   
     

 

 

 
Total South Africa         3,793,011   
South Korea – 2.1%      

Amorepacific Corp.

     167         56,441   

Bluecom Co., Ltd.

     793         8,529   

Coway Co., Ltd.

     2,053         173,238   

Cuckoo Electronics Co., Ltd.

     69         12,097   

e-LITECOM Co., Ltd.

     445         5,623   

Grand Korea Leisure Co., Ltd.

     2,109         42,139   

Hana Tour Service, Inc.

     137         10,135   

Hancom, Inc.

     819         13,786   

Hansae Co., Ltd.

     126         6,247   

Hanssem Co., Ltd.

     122         23,843   

KH Vatec Co., Ltd.

     742         10,608   

LEENO Industrial, Inc.

     359         12,196   

LG Household & Health Care Ltd.

     114         94,203   

Loen Entertainment, Inc.

     221         15,093   

Medy-Tox, Inc.

     32         12,354   

Modetour Network, Inc.

     193         5,080   

NAVER Corp.

     43         23,952   

Partron Co., Ltd.

     1,872         19,889   

Samlip General Foods Co., Ltd.

     31         5,801   

Seowonintech Co., Ltd.

     1,361         14,400   

Silicon Works Co., Ltd.

     298         8,677   

SK Holdings Co., Ltd.

     436         85,019   

Soulbrain Co., Ltd.

     232         8,419   

Youngone Corp.

     234         9,842   
     

 

 

 
Total South Korea         677,611   
Taiwan – 16.7%      

Advantech Co., Ltd.

     21,000         154,316   

Aerospace Industrial Development Corp.

     9,000         11,801   

 

See Notes to Financial Statements.

 

44   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Aten International Co., Ltd.

     11,000       $ 25,531   

BenQ Materials Corp.

     29,000         17,751   

Catcher Technology Co., Ltd.

     16,000         131,245   

Chimei Materials Technology Corp.

     69,000         42,021   

Chong Hong Construction Co., Ltd.

     34,500         51,454   

Cub Elecparts, Inc.

     2,000         24,391   

Eclat Textile Co., Ltd.

     7,160         94,216   

Elite Advanced Laser Corp.

     8,000         44,743   

Ennoconn Corp.

     1,000         12,025   

Feng TAY Enterprise Co., Ltd.

     14,000         74,385   

FLEXium Interconnect, Inc.

     5,000         12,895   

Flytech Technology Co., Ltd.

     9,000         30,900   

Formosan Rubber Group, Inc.

     77,000         42,228   

Grape King Bio Ltd.

     4,000         22,931   

Highwealth Construction Corp.

     91,000         132,892   

Hiwin Technologies Corp.

     5,000         22,138   

Holiday Entertainment Co., Ltd.

     12,000         20,917   

Holtek Semiconductor, Inc.

     18,000         29,362   

Hota Industrial Manufacturing Co., Ltd.

     6,000         26,100   

Hotai Motor Co., Ltd.

     18,000         197,987   

Huaku Development Co., Ltd.

     28,000         51,765   

Iron Force Industrial Co., Ltd.

     2,000         12,149   

KEE TAI Properties Co., Ltd.

     57,000         29,134   

Kenda Rubber Industrial Co., Ltd.

     43,000         68,407   

King Slide Works Co., Ltd.

     3,000         34,629   

Kung Long Batteries Industrial Co., Ltd.

     3,000         13,236   

Largan Precision Co., Ltd.

     3,000         232,569   

Makalot Industrial Co., Ltd.

     9,454         56,840   

Nan Liu Enterprise Co., Ltd.

     2,000         8,793   

Nanya Technology Corp.(b)

     169,289         210,138   

Posiflex Technology, Inc.

     4,000         20,196   

President Chain Store Corp.

     44,000         320,594   

Ruentex Development Co., Ltd.

     88,364         111,883   

Ruentex Industries Ltd.

     110,000         181,146   

San Shing Fastech Corp.

     10,000         19,886   

Siliconware Precision Industries Co., Ltd.

     281,000         454,014   

Standard Foods Corp.

     20,000         49,590   

Swancor Ind Co., Ltd.

     3,000         13,749   

Taiwan Secom Co., Ltd.

     21,000         60,682   

Taiwan Semiconductor Manufacturing Co., Ltd.

     393,291         1,979,653   

Test Research, Inc.

     19,000         29,105   

Tong Hsing Electronic Industries Ltd.

     13,000         37,525   

Voltronic Power Technology Corp.

     3,000         47,260   

WUS Printed Circuit Co., Ltd.

     16,000         14,765   

Zeng Hsing Industrial Co., Ltd.

     3,000         13,842   
     

 

 

 
Total Taiwan         5,293,779   
Thailand – 9.0%      

Advanced Info Service PCL NVDR

     190,216         984,062   

Airports of Thailand PCL NVDR

     28,300         323,383   

Amata Corp. PCL NVDR

     53,400         18,670   

Asia Plus Group Holdings PCL NVDR

     290,000         28,027   

Bangkok Airways Co., Ltd. NVDR

     61,400         43,633   

Beauty Community PCL NVDR

     157,100         24,114   

BEC World PCL NVDR

     77,411         62,162   

Bumrungrad Hospital PCL NVDR

     12,062         72,688   

Central Pattana PCL NVDR

     84,516       $ 123,723   

Central Plaza Hotel PCL NVDR

     20,000         24,304   

CH Karnchang PCL NVDR

     40,500         29,356   

Chularat Hospital PCL NVDR

     223,000         16,988   

CP ALL PCL NVDR

     176,917         230,073   

Delta Electronics Thailand PCL NVDR

     52,400         129,585   

Dynasty Ceramic PCL NVDR

     304,820         38,298   

Energy Earth PCL NVDR

     172,100         22,992   

Intouch Holdings PCL NVDR

     201,542         365,216   

Jasmine International PCL NVDR

     56,700         5,609   

KCE Electronics PCL NVDR

     14,000         31,438   

MK Restaurants Group PCL NVDR

     50,500         76,439   

Robinson Department Store PCL NVDR

     37,800         53,992   

STP & I PCL NVDR

     20,710         5,946   

Tipco Asphalt PCL NVDR

     24,100         17,126   

TTW PCL NVDR

     240,900         68,476   

VGI Global Media PCL NVDR

     297,380         40,406   
     

 

 

 
Total Thailand         2,836,706   
Turkey – 3.2%      

Aselsan Elektronik Sanayi ve Ticaret AS

     5,034         32,717   

Aslan Cimento AS

     874         13,918   

BIM Birlesik Magazalar AS

     5,420         117,516   

Celebi Hava Servisi AS

     1,350         16,340   

Cimsa Cimento Sanayi ve Ticaret AS

     13,166         73,599   

Dogus Otomotiv Servis ve Ticaret AS

     16,369         73,134   

EGE Endustri VE Ticaret AS

     158         17,867   

Emlak Konut Gayrimenkul Yatirim Ortakligi AS

     156,925         159,951   

Ford Otomotiv Sanayi AS

     14,482         191,022   

Koza Altin Isletmeleri AS

     7,447         47,792   

Saf Gayrimenkul Yatirim Ortakligi AS

     115,946         32,531   

Soda Sanayii AS

     15,976         28,880   

TAV Havalimanlari Holding AS

     15,523         92,674   

Turk Traktor ve Ziraat Makineleri AS

     2,358         70,304   

Ulker Biskuvi Sanayi AS

     4,444         32,986   
     

 

 

 
Total Turkey               1,001,231   

TOTAL COMMON STOCKS

(Cost: $31,051,402)

              30,376,197   
WARRANTS – 0.0%      
Malaysia – 0.0%      
VS Industry Bhd, expiring 1/6/19*
(Cost: $0)
     8,425         691   
EXCHANGE-TRADED NOTE – 3.7%      
United States – 3.7%      

iPath MSCI India Index ETN*

(Cost: $1,262,838)

     18,738         1,176,559   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.2%   
United States – 3.2%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

     
(Cost: $994,811)(d)      994,811         994,811   

TOTAL INVESTMENTS IN SECURITIES – 102.8%

(Cost: $33,309,051)

        32,548,258   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (2.8)%

        (880,786
     

 

 

 
NET ASSETS – 100.0%             $ 31,667,472   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      45   


Table of Contents

Schedule of Investments (concluded)

WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)

March 31, 2016

 

  

 

 

* 

Non-income producing security.

 

(a) 

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

 

(b) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(c) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(d) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $2,143,687 and the total market value of the collateral held by the Fund was $2,315,524. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $1,320,713.

 

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.

 

46   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.9%      
Brazil – 9.2%      

AES Tiete Energia S.A.

     377,439       $ 1,646,503   

Aliansce Shopping Centers S.A.

     429,351         1,551,915   

Arezzo Industria e Comercio S.A.

     126,945         836,390   

Arteris S.A.

     434,839         1,181,574   

BR Malls Participacoes S.A.

     736,619         3,065,782   

Cia Hering

     384,323         1,595,201   

Cia Siderurgica Nacional S.A.

     4,143,413         8,359,312   

CVC Brasil Operadora e Agencia de Viagens S.A.

     280,406         1,324,491   

Cyrela Brazil Realty S.A. Empreendimentos e Participacoes

     777,387         2,287,852   

Duratex S.A.

     786,090         1,679,092   

EcoRodovias Infraestrutura e Logistica S.A.

     2,297,969         3,890,467   

EDP - Energias do Brasil S.A.

     695,883         2,474,076   

Equatorial Energia S.A.

     192,899         2,229,442   

Estacio Participacoes S.A.

     250,051         833,974   

Even Construtora e Incorporadora S.A.

     663,101         778,358   

Ez Tec Empreendimentos e Participacoes S.A.

     454,331         2,069,103   

Fleury S.A.

     296,855         1,805,086   

GAEC Educacao S.A.*

     139,811         392,528   

Grendene S.A.

     534,623         2,579,586   

Guararapes Confeccoes S.A.

     54,657         877,535   

Iguatemi Empresa de Shopping Centers S.A.

     125,660         875,791   

Light S.A.

     506,413         1,417,499   

Localiza Rent a Car S.A.

     198,964         1,668,513   

M. Dias Branco S.A.

     32,486         617,546   

Mahle-Metal Leve S.A.

     325,506         2,163,917   

MRV Engenharia e Participacoes S.A.

     934,638         3,122,493   

Multiplan Empreendimentos Imobiliarios S.A.

     159,274         2,413,379   

Multiplus S.A.

     439,139         4,059,310   

Odontoprev S.A.

     894,133         2,876,161   

Qualicorp S.A.

     286,828         1,203,480   

Santos Brasil Participacoes S.A.

     209,055         773,338   

Sao Martinho S.A.

     68,254         930,018   

Smiles S.A.

     365,723         3,922,441   

Sul America S.A.

     348,213         1,576,980   

TOTVS S.A.

     230,935         1,772,413   

Transmissora Alianca de Energia Eletrica S.A.

     1,280,248         7,289,900   

Tupy S.A.

     259,823         1,209,672   

Valid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao S.A.

     64,916         550,247   

Via Varejo S.A.

     1,732,627         2,723,119   
     

 

 

 
Total Brazil         82,624,484   
Chile – 1.3%      

CAP S.A.

     441,722         1,307,414   

E.CL S.A.

     640,221         1,050,125   

Forus S.A.

     359,811         1,022,099   

Inversiones Aguas Metropolitanas S.A.

     835,507         1,328,971   

Inversiones La Construccion S.A.

     80,765         919,271   

Parque Arauco S.A.

     845,360         1,553,816   

Ripley Corp. S.A.

     3,054,713         1,389,569   

SONDA S.A.

     874,285         1,686,586   

Vina Concha y Toro S.A.

     663,463       1,155,600   
     

 

 

 
Total Chile         11,413,451   
China – 19.1%      

361 Degrees International Ltd.

     3,376,000         1,044,588   

Anhui Expressway Co., Ltd. Class H

     979,666         762,863   

BAIC Motor Corp. Ltd. Class H(a)(b)

     4,239,000         3,246,245   

Bank of Chongqing Co., Ltd. Class H

     2,924,000         2,371,152   

Baoxin Auto Group Ltd.(a)

     1,830,500         1,156,371   

BBMG Corp. Class H

     684,169         528,350   

Beijing Capital International Airport Co., Ltd. Class H

     1,814,000         1,936,418   

Beijing Capital Land Ltd. Class H(a)

     3,972,000         1,654,029   

Beijing Jingneng Clean Energy Co., Ltd. Class H

     2,368,000         757,120   

Boer Power Holdings Ltd.(a)

     1,044,000         823,727   

Cabbeen Fashion Ltd.

     1,288,000         599,452   

CECEP COSTIN New Materials Group Ltd.

     3,207,000         256,343   

Central China Securities Co., Ltd. Class H

     4,326,000         2,258,775   

China Aoyuan Property Group Ltd.

     8,270,000         1,684,589   

China Coal Energy Co., Ltd. Class H(a)

     1,288,000         534,691   

China Communications Services Corp., Ltd. Class H

     4,112,000         1,876,669   

China Creative Home Group Ltd.

     4,186,000         356,184   

China Harmony New Energy Auto Holding Ltd.

     1,345,000         712,682   

China Lilang Ltd.

     2,491,000         1,522,241   

China Machinery Engineering Corp. Class H

     1,489,000         1,040,460   

China National Building Material Co., Ltd. Class H(a)

     4,856,000         2,253,786   

China Oilfield Services Ltd. Class H(a)

     4,612,000         3,603,241   

China Power New Energy Development Co., Ltd.

     11,260,000         841,972   

China Shineway Pharmaceutical Group Ltd.

     1,521,000         1,833,463   

China Silver Group Ltd.(a)

     1,936,000         446,776   

China Singyes Solar Technologies Holdings Ltd.(a)

     685,000         288,782   

China South City Holdings Ltd.(a)

     22,692,000         4,680,844   

China Southern Airlines Co., Ltd. Class H

     1,122,000         707,348   

China XLX Fertiliser Ltd.

     1,268,000         425,034   

China Yongda Automobiles Services Holdings Ltd.(a)

     2,278,000         1,342,151   

China ZhengTong Auto Services Holdings Ltd.

     2,752,000         1,050,199   

Chongqing Rural Commercial Bank Co., Ltd. Class H

     5,666,000         2,994,966   

CIFI Holdings Group Co., Ltd.

     25,182,000         6,038,576   

CIMC Enric Holdings Ltd.

     3,256,000         1,729,470   

CITIC Telecom International Holdings Ltd.

     5,911,000         2,225,232   

Colour Life Services Group Co., Ltd.

     692,000         529,937   

CPMC Holdings Ltd.(a)

     1,019,000         503,158   

Dah Chong Hong Holdings Ltd.

     3,188,000         1,298,784   

Datang International Power Generation Co., Ltd. Class H

     6,789,049         2,091,887   

Dongyue Group Ltd.

     4,491,000         793,223   

Fantasia Holdings Group Co., Ltd.

     14,704,500         1,857,838   

Fu Shou Yuan International Group Ltd.

     982,000         702,645   

Fufeng Group Ltd.(a)

     2,500,000         796,101   

Future Land Development Holdings Ltd.

     14,920,565         2,039,025   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      47   


Table of Contents

Schedule of Investments (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Goldpac Group Ltd.(a)

     1,085,000       $ 460,211   

Greatview Aseptic Packaging Co., Ltd.

     3,062,000         1,456,676   

Guangshen Railway Co., Ltd. Class H

     1,342,665         576,426   

Guangzhou Automobile Group Co., Ltd. Class H

     2,574,000         2,678,018   

Guangzhou R&F Properties Co., Ltd. Class H

     2,021,600         2,898,220   

Guotai Junan International Holdings Ltd.(a)

     9,474,000         3,322,261   

Hilong Holding Ltd.(a)

     2,377,000         291,128   

Honworld Group Ltd.(b)

     734,000         509,108   

HOSA International Ltd.(a)

     2,910,000         832,870   

Huadian Fuxin Energy Corp., Ltd. Class H

     2,128,000         496,571   

Huadian Power International Corp., Ltd. Class H

     3,588,000         2,285,129   

Huaneng Renewables Corp., Ltd. Class H

     1,638,000         508,935   

Huishang Bank Corp., Ltd. Class H(a)

     6,877,000         3,324,771   

Jiangnan Group Ltd.(a)

     6,752,000         1,192,571   

Jiangsu Expressway Co., Ltd. Class H

     2,317,933         3,119,843   

Jiangxi Copper Co., Ltd. Class H

     1,225,000         1,470,338   

KWG Property Holding Ltd.

     8,614,000         5,663,781   

Lonking Holdings Ltd.

     9,715,000         1,728,436   

Minth Group Ltd.

     1,606,000         3,739,338   

Pacific Online Ltd.(a)

     4,144,000         1,180,711   

Parkson Retail Group Ltd.(a)

     6,706,000         717,585   

Poly Property Group Co., Ltd.(a)

     5,735,000         1,567,475   

Powerlong Real Estate Holdings Ltd.

     8,430,000         1,760,654   

Redco Properties Group Ltd.(b)

     734,000         529,926   

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

     1,244,000         792,280   

Shanghai Electric Group Co., Ltd. Class H(a)

     2,238,000         1,021,397   

Shanghai Fosun Pharmaceutical Group Co., Ltd. Class H

     280,000         772,508   

Shanghai Jin Jiang International Hotels Group Co., Ltd. Class H(a)

     1,775,587         723,370   

Shanghai Pharmaceuticals Holding Co., Ltd. Class H

     680,600         1,344,256   

Shenzhen Expressway Co., Ltd. Class H

     1,433,697         1,251,346   

Shougang Fushan Resources Group Ltd.

     9,028,000         1,140,641   

Shui On Land Ltd.

     11,127,000         2,998,167   

Sichuan Expressway Co., Ltd. Class H(a)

     1,638,768         542,978   

Sinofert Holdings Ltd.

     3,442,000         479,254   

Sinopec Engineering Group Co., Ltd. Class H

     3,288,500         2,662,496   

Sinopec Kantons Holdings Ltd.

     1,468,000         704,045   

Sinotrans Ltd. Class H

     2,680,000         1,171,294   

SITC International Holdings Co., Ltd.

     3,739,000         1,846,229   

SSY Group Ltd.(a)

     2,108,000         668,555   

Sunac China Holdings Ltd.

     6,871,000         4,624,043   

TCL Communication Technology Holdings Ltd.(a)

     3,558,000         2,339,416   

TCL Multimedia Technology Holdings Ltd.(a)

     1,174,000         715,914   

Tenwow International Holdings Ltd.

     2,766,000         738,166   

Times Property Holdings Ltd.

     4,514,000         1,844,812   

Tong Ren Tang Technologies Co., Ltd. Class H

     499,888         803,012   

Travelsky Technology Ltd. Class H

     740,000         1,211,621   

Trigiant Group Ltd.(a)

     5,852,000         1,010,975   

Universal Health International Group Holding Ltd.(a)

     1,666,000         182,568   

Weichai Power Co., Ltd. Class H

     1,429,538         1,601,574   

Wisdom Sports Group(a)

     2,165,000       720,127   

Xiamen International Port Co., Ltd. Class H

     1,688,000         346,020   

Xingda International Holdings Ltd.

     5,841,000         1,242,518   

Xinhua Winshare Publishing and Media Co., Ltd. Class H

     1,198,000         1,036,360   

Xinjiang Goldwind Science & Technology Co., Ltd. Class H(a)

     726,400         1,039,514   

Xinyi Glass Holdings Ltd.

     6,758,000         4,504,433   

XTEP International Holdings Ltd.

     4,295,500         2,314,842   

Yanzhou Coal Mining Co., Ltd. Class H(a)

     628,000         327,904   

Yashili International Holdings Ltd.(a)

     2,206,000         497,708   

Yingde Gases Group Co., Ltd.

     7,206,000         2,759,193   

Yuexiu Transport Infrastructure Ltd.(a)

     3,980,000         2,678,459   

Yuzhou Properties Co., Ltd.

     12,303,000         3,235,732   

Zhejiang Expressway Co., Ltd. Class H

     2,670,000         2,863,954   

Zhongsheng Group Holdings Ltd.

     2,673,000         1,295,741   

Zijin Mining Group Co., Ltd. Class H(a)

     10,702,000         3,311,369   

ZTE Corp. Class H

     466,400         851,438   
     

 

 

 
Total China               170,724,598   
Hong Kong – 2.1%      

Ajisen China Holdings Ltd.

     2,457,000         912,282   

AMVIG Holdings Ltd.

     1,642,000         685,882   

C C Land Holdings Ltd.

     3,305,000         984,271   

China All Access Holdings Ltd.

     2,576,000         890,045   

China Water Affairs Group Ltd.

     1,246,000         512,437   

Concord New Energy Group Ltd.

     8,030,000         434,807   

Dawnrays Pharmaceutical Holdings Ltd.

     728,000         580,970   

Digital China Holdings Ltd.

     1,325,000         1,769,730   

EVA Precision Industrial Holdings Ltd.

     2,862,000         424,325   

Hang Fat Ginseng Holdings Co., Ltd.(a)

     13,320,000         84,146   

Hua Han Health Industry Holdings Ltd.(a)

     7,332,000         794,023   

Ju Teng International Holdings Ltd.

     1,970,000         1,015,916   

Kingboard Chemical Holdings Ltd.

     2,068,000         3,567,287   

NewOcean Energy Holdings Ltd.(a)

     1,560,000         561,126   

Skyworth Digital Holdings Ltd.

     3,976,000         2,460,475   

Tibet Water Resources Ltd.(a)

     2,481,000         767,661   

Victory City International Holdings Ltd.(a)

     6,272,000         452,820   

Vinda International Holdings Ltd.(a)

     535,000         893,902   

Wasion Group Holdings Ltd.(a)

     1,250,000         660,732   
     

 

 

 
Total Hong Kong               18,452,837   
Indonesia – 3.2%      

Ace Hardware Indonesia Tbk PT

     13,686,500         923,787   

Adaro Energy Tbk PT

     62,740,800         3,051,872   

AKR Corporindo Tbk PT

     3,697,645         1,938,057   

Astra Agro Lestari Tbk PT

     2,320,500         3,185,000   

Bank Tabungan Negara Persero Tbk PT

     10,606,816         1,395,844   

Bumi Serpong Damai Tbk PT

     8,513,300         1,178,123   

Ciputra Development Tbk PT

     6,299,312         619,955   

Global Mediacom Tbk PT

     13,738,100         1,248,447   

Lippo Karawaci Tbk PT

     24,719,600         1,948,113   

Media Nusantara Citra Tbk PT

     14,576,940         2,396,511   

Pakuwon Jati Tbk PT

     24,575,500         897,024   

Perusahaan Perkebunan London Sumatra Indonesia Tbk PT

     11,746,452         1,612,258   

 

See Notes to Financial Statements.

 

48   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Sawit Sumbermas Sarana Tbk PT

     5,839,400       $ 847,726   

Summarecon Agung Tbk PT

     9,445,572         1,129,052   

Tambang Batubara Bukit Asam Persero Tbk PT

     4,644,500         2,197,906   

Timah Persero Tbk PT

     13,277,322         740,967   

Vale Indonesia Tbk PT*

     24,724,100         3,262,985   

Wijaya Karya Persero Tbk PT

     2,528,852         497,760   
     

 

 

 
Total Indonesia               29,071,387   
Malaysia – 5.1%      

Aeon Co. M Bhd

     1,268,652         887,715   

AirAsia Bhd

     2,791,800         1,309,495   

Alliance Financial Group Bhd

     2,750,647         2,925,845   

Berjaya Auto Bhd

     2,416,980         1,344,315   

Berjaya Sports Toto Bhd

     2,048,900         1,659,496   

Bumi Armada Bhd*

     4,195,900         849,612   

Bursa Malaysia Bhd

     921,200         2,101,417   

Cahya Mata Sarawak Bhd

     1,074,100         1,307,696   

Dialog Group Bhd

     2,982,676         1,223,191   

Eastern & Oriental Bhd*

     850,900         359,858   

Felda Global Ventures Holdings Bhd

     9,387,000         3,633,057   

Globetronics Technology Bhd

     742,200         1,029,169   

Hartalega Holdings Bhd

     1,110,544         1,380,530   

Inari Amertron Bhd

     1,130,075         932,678   

IOI Properties Group Bhd

     2,992,800         1,771,977   

JCY International Bhd

     6,251,491         1,169,701   

KPJ Healthcare Bhd

     1,022,941         1,119,559   

KSL Holdings Bhd

     1,634,600         553,037   

Kulim Malaysia Bhd*

     1,796,300         1,786,401   

Lafarge Malaysia Bhd

     973,300         2,245,213   

Mah Sing Group Bhd

     4,469,477         1,626,722   

Malaysian Resources Corp. Bhd

     2,303,043         737,871   

Media Prima Bhd

     2,846,536         1,065,217   

MMC Corp. Bhd

     2,249,100         1,262,471   

Pharmaniaga Bhd

     264,800         390,939   

Press Metal Bhd

     2,348,000         1,594,822   

SP Setia Bhd Group

     1,711,900         1,373,381   

Sunway Bhd

     2,521,500         2,029,350   

Supermax Corp. Bhd

     1,098,667         726,531   

Syarikat Takaful Malaysia Bhd

     649,600         675,990   

Top Glove Corp. Bhd

     1,266,580         1,629,689   

UEM Sunrise Bhd

     5,104,400         1,491,482   

Unisem M Bhd

     1,397,700         795,308   

VS Industry Bhd

     1,719,000         528,720   
     

 

 

 
Total Malaysia               45,518,455   
Mexico – 1.3%      

Banregio Grupo Financiero S.A.B. de C.V.

     161,282         947,962   

Bolsa Mexicana de Valores S.A.B. de C.V.*

     1,024,466         1,768,243   

Corp. Inmobiliaria Vesta S.A.B. de C.V.

     528,628         797,673   

Grupo Aeroportuario del Centro Norte S.A.B. de C.V.*

     487,838         2,807,856   

Grupo Financiero Interacciones S.A. de C.V.

     156,530         894,914   

Grupo Herdez S.A.B. de C.V.

     450,782         1,002,424   

Macquarie Mexico Real Estate Management S.A. de C.V.*

     2,010,280         2,731,947   

Megacable Holdings S.A.B. de C.V. Series CPO

     215,202       899,723   
     

 

 

 
Total Mexico               11,850,742   
Philippines – 1.7%      

Cebu Air, Inc.

     483,700         940,192   

D&L Industries, Inc.

     2,934,800         612,519   

Filinvest Land, Inc.

     32,380,000         1,244,708   

First Gen Corp.

     4,402,500         2,117,828   

First Philippine Holdings Corp.

     656,186         940,564   

Lopez Holdings Corp.

     4,001,512         608,331   

Manila Water Co., Inc.

     2,727,445         1,599,327   

Nickel Asia Corp.

     11,341,148         1,295,568   

Petron Corp.

     3,157,800         706,382   

Premium Leisure Corp.

     27,917,000         545,668   

Puregold Price Club, Inc.

     1,119,700         885,158   

Robinsons Land Corp.

     1,976,960         1,197,897   

Robinsons Retail Holdings, Inc.

     429,370         690,051   

Security Bank Corp.

     373,284         1,418,714   

Vista Land & Lifescapes, Inc.

     9,535,100         965,003   
     

 

 

 
Total Philippines               15,767,910   
Poland – 2.0%      

Asseco Poland S.A.

     196,672         3,201,686   

CCC S.A.

     29,841         1,280,824   

Enea S.A.

     658,413         2,108,677   

Energa S.A.

     1,412,574         4,975,643   

Eurocash S.A.

     97,492         1,397,458   

Lubelski Wegiel Bogdanka S.A.

     85,649         883,667   

PKP Cargo S.A.

     69,786         804,379   

Tauron Polska Energia S.A.

     3,166,179         2,560,574   

Warsaw Stock Exchange(a)

     101,238         1,066,264   
     

 

 

 
Total Poland               18,279,172   
Russia – 0.1%      

TMK PAO GDR Reg S

     350,634         1,062,421   
South Africa – 8.0%      

Adcock Ingram Holdings Ltd.(a)

     147,077         439,891   

Adcorp Holdings Ltd.

     281,796         287,391   

Aeci Ltd.

     207,948         1,286,597   

African Rainbow Minerals Ltd.(a)

     438,730         2,834,683   

Alexander Forbes Group Holdings Ltd.

     948,431         432,043   

Assore Ltd.(a)

     212,583         2,327,024   

Astral Foods Ltd.

     88,501         667,909   

AVI Ltd.

     533,966         3,154,132   

Barloworld Ltd.

     335,792         1,725,991   

Blue Label Telecoms Ltd.

     843,186         874,258   

Cashbuild Ltd.

     31,373         691,110   

Clicks Group Ltd.

     233,455         1,542,505   

Coronation Fund Managers Ltd.(a)

     1,126,343         5,620,994   

DataTec Ltd.

     273,925         856,155   

Exxaro Resources Ltd.(a)

     597,597         2,925,414   

Famous Brands Ltd.(a)

     120,380         956,787   

Foschini Group Ltd. (The)

     346,791         3,334,928   

Grindrod Ltd.(a)

     723,723         566,362   

Hosken Consolidated Investments Ltd.

     52,075         396,617   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      49   


Table of Contents

Schedule of Investments (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Hudaco Industries Ltd.

     83,682       $ 614,472   

Investec Ltd.

     358,656         2,680,166   

Invicta Holdings Ltd.

     146,619         521,261   

JSE Ltd.(a)

     145,112         1,470,063   

KAP Industrial Holdings Ltd.

     2,507,934         1,099,821   

Lewis Group Ltd.(a)

     327,769         1,047,399   

Massmart Holdings Ltd.

     290,778         2,507,436   

Mondi Ltd.

     92,445         1,784,475   

Mpact Ltd.

     189,430         667,152   

Murray & Roberts Holdings Ltd.(a)

     830,657         711,604   

Nampak Ltd.

     1,898,355         2,749,182   

Omnia Holdings Ltd.

     90,380         838,786   

Peregrine Holdings Ltd.

     519,504         962,502   

Pick n Pay Holdings Ltd.

     543,380         1,051,441   

Pick n Pay Stores Ltd.

     401,240         1,916,175   

PPC Ltd.(a)

     1,386,802         1,150,325   

Raubex Group Ltd.

     404,512         504,402   

Reunert Ltd.

     440,003         2,072,573   

Santam Ltd.

     158,785         2,534,428   

Sibanye Gold Ltd.

     1,244,915         4,794,125   

SPAR Group Ltd. (The)

     208,489         2,820,867   

Sun International Ltd.(a)

     133,677         624,396   

Tongaat Hulett Ltd.

     160,730         1,141,327   

Trencor Ltd.

     354,285         1,108,044   

Tsogo Sun Holdings Ltd.

     1,411,608         2,268,861   

Wilson Bayly Holmes-Ovcon Ltd.

     84,286         681,944   
     

 

 

 
Total South Africa               71,244,018   
South Korea – 6.8%      

Binggrae Co., Ltd.

     13,275         805,601   

CJ O Shopping Co., Ltd.

     4,565         790,372   

CS Wind Corp.(a)

     28,849         513,359   

Daeduck Electronics Co.

     129,572         940,405   

Daewoo Shipbuilding & Marine Engineering Co., Ltd.(a)

     207,771         921,125   

Daishin Securities Co., Ltd.

     80,781         847,650   

DGB Financial Group, Inc.

     263,951         2,054,183   

Doosan Heavy Industries & Construction Co., Ltd.(a)

     156,098         2,948,336   

Grand Korea Leisure Co., Ltd.(a)

     78,945         1,577,381   

Green Cross Corp.

     5,187         811,886   

Green Cross Holdings Corp.

     21,591         687,227   

Hana Tour Service, Inc.(a)

     6,997         517,616   

Hankook Tire Worldwide Co., Ltd.(a)

     82,337         1,652,356   

Hanwha Corp.

     43,866         1,361,703   

Hite Jinro Co., Ltd.

     137,389         3,471,968   

Hitejinro Holdings Co., Ltd.(a)

     50,403         674,332   

Huchems Fine Chemical Corp.

     71,046         1,192,797   

Huvis Corp.(a)

     88,539         688,275   

Hyundai Securities Co., Ltd.(a)

     104,830         629,750   

iMarketKorea, Inc.

     36,068         597,664   

KB Insurance Co., Ltd.

     61,827         1,840,862   

KEPCO Engineering & Construction Co., Inc.(a)

     38,282         1,046,093   

Kolon Industries, Inc.

     15,220         963,561   

Korean Reinsurance Co.

     104,121         1,270,101   

KT Skylife Co., Ltd.

     48,309       701,232   

Kumho Petrochemical Co., Ltd.(a)

     34,762         1,769,105   

LF Corp.

     30,800         697,552   

LG Hausys Ltd.

     4,919         595,734   

LG International Corp.

     21,699         679,280   

Loen Entertainment, Inc.(a)

     13,002         887,947   

LS Corp.

     51,372         2,012,474   

LS Industrial Systems Co., Ltd.

     42,673         1,778,042   

Mando Corp.

     7,383         1,010,353   

Medy-Tox, Inc.

     1,861         718,461   

Meritz Fire & Marine Insurance Co., Ltd.

     131,341         1,837,580   

Meritz Securities Co., Ltd.

     459,220         1,431,549   

Moorim P&P Co., Ltd.(a)

     148,063         629,876   

NH Investment & Securities Co., Ltd.

     213,434         1,853,270   

NongShim Co., Ltd.(a)

     4,065         1,421,826   

Partron Co., Ltd.

     74,259         788,953   

Poongsan Corp.

     35,759         927,120   

S&T Motiv Co., Ltd.

     14,540         878,554   

Samyang Holdings Corp.

     4,274         588,628   

Seah Besteel Corp.

     52,702         1,267,318   

Seowonintech Co., Ltd.

     47,303         500,495   

Shinsegae Co., Ltd.

     2,866         508,743   

Silicon Works Co., Ltd.

     20,201         588,224   

SK Gas Ltd.(a)

     12,188         850,474   

SK Networks Co., Ltd.

     171,748         961,164   

SKC Co., Ltd.

     32,163         894,354   

Sungwoo Hitech Co., Ltd.

     83,750         725,013   

Tongyang Life Insurance Co., Ltd.

     187,596         1,935,670   

Youlchon Chemical Co., Ltd.(a)

     76,562         860,285   

Yuhan Corp.

     5,781         1,417,953   
     

 

 

 
Total South Korea               60,521,832   
Taiwan – 27.4%      

AcBel Polytech, Inc.(a)

     1,611,303         1,334,241   

Accton Technology Corp.(a)

     1,685,633         1,843,596   

Aerospace Industrial Development Corp.

     1,000         1,311   

Alpha Networks, Inc.(a)

     1,873,309         983,685   

Asia Vital Components Co., Ltd.

     747,000         652,209   

Aten International Co., Ltd.

     436,000         1,011,969   

BenQ Materials Corp.(a)

     987,000         604,148   

Capital Securities Corp.

     5,789,723         1,579,473   

Cathay Real Estate Development Co., Ltd.

     1,581,000         704,926   

CHC Healthcare Group(a)

     333,185         566,282   

Cheng Uei Precision Industry Co., Ltd.(a)

     846,820         1,120,884   

Chicony Electronics Co., Ltd.(a)

     1,488,347         3,829,081   

Chicony Power Technology Co., Ltd.

     643,000         762,194   

Chimei Materials Technology Corp.(a)

     2,369,000         1,442,717   

Chin-Poon Industrial Co., Ltd.(a)

     838,650         1,513,969   

China Bills Finance Corp.

     2,651,000         1,013,153   

China Metal Products

     984,000         906,525   

China Steel Chemical Corp.(a)

     756,726         2,668,668   

China Synthetic Rubber Corp.

     2,119,580         1,603,647   

ChipMOS TECHNOLOGIES, Inc.(a)

     2,294,000         2,398,493   

Chong Hong Construction Co., Ltd.

     970,000         1,446,682   

Chroma ATE, Inc.(a)

     721,132         1,550,532   

 

See Notes to Financial Statements.

 

50   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Chung-Hsin Electric & Machinery Manufacturing Corp.(a)

     1,502,396       $ 842,600   

Cleanaway Co., Ltd.

     256,161         1,420,729   

Clevo Co.(a)

     1,859,000         1,677,975   

Compeq Manufacturing Co., Ltd.

     1,510,000         966,505   

Coxon Precise Industrial Co., Ltd.

     423,000         646,644   

CTCI Corp.(a)

     1,566,190         2,058,471   

Cub Elecparts, Inc.(a)

     77,742         948,103   

Cyberlink Corp.

     530,011         1,208,762   

Darwin Precisions Corp.

     2,198,000         802,464   

Depo Auto Parts Ind Co., Ltd.

     280,646         919,965   

Elan Microelectronics Corp.(a)

     1,649,156         1,972,797   

Elite Advanced Laser Corp.(a)

     118,000         659,955   

Elite Material Co., Ltd.

     520,163         990,741   

Elite Semiconductor Memory Technology, Inc.(a)

     1,007,000         882,345   

Elitegroup Computer Systems Co., Ltd.

     2,239,000         1,398,332   

Eternal Materials Co., Ltd.

     1,223,767         1,249,091   

Everlight Electronics Co., Ltd.(a)

     1,463,165         2,436,790   

Far Eastern Department Stores Ltd.

     3,227,841         1,694,958   

Far Eastern International Bank

     4,144,894         1,227,344   

Faraday Technology Corp.

     586,200         764,078   

Farglory Land Development Co., Ltd.(a)

     3,392,640         3,905,584   

Feng Hsin Steel Co., Ltd.

     504,950         659,742   

FLEXium Interconnect, Inc.(a)

     280,543         723,498   

Flytech Technology Co., Ltd.

     349,655         1,200,500   

Formosa International Hotels Corp.

     194,976         1,175,284   

Formosan Rubber Group, Inc.

     2,894,122         1,587,163   

Getac Technology Corp.

     1,542,292         1,083,016   

Gigabyte Technology Co., Ltd.

     2,064,000         2,276,659   

Goldsun Building Materials Co., Ltd.(a)

     2,914,000         854,715   

Grape King Bio Ltd.(a)

     162,988         934,355   

Great Wall Enterprise Co., Ltd.(a)

     1,726,446         1,115,774   

Greatek Electronics, Inc.

     2,165,000         2,475,516   

Highwealth Construction Corp.

     2,967,613         4,333,762   

Hiwin Technologies Corp.(a)

     180,864         800,805   

Holiday Entertainment Co., Ltd.

     563,000         981,367   

Holtek Semiconductor, Inc.(a)

     707,773         1,154,551   

Hota Industrial Manufacturing Co., Ltd.(a)

     220,000         956,997   

HTC Corp.(a)

     236,000         676,088   

Huaku Development Co., Ltd.

     835,296         1,544,249   

IEI Integration Corp.(a)

     833,620         962,248   

Inventec Corp.(a)

     13,561,992         8,596,341   

Johnson Health Tech Co., Ltd.(a)

     385,725         634,006   

KEE TAI Properties Co., Ltd.

     1,341,999         685,927   

Kenda Rubber Industrial Co., Ltd.(a)

     1,287,601         2,048,383   

Kerry TJ Logistics Co., Ltd.

     154,000         198,577   

King Slide Works Co., Ltd.(a)

     99,004         1,142,803   

King Yuan Electronics Co., Ltd.

     3,105,960         2,760,081   

King’s Town Bank Co., Ltd.(a)

     3,036,000         2,089,467   

Kingdom Construction Corp.(a)

     2,436,187         1,230,053   

Kinik Co.

     557,495         918,072   

Kinsus Interconnect Technology Corp.(a)

     1,053,368         2,340,163   

Kung Long Batteries Industrial Co., Ltd.

     182,000         803,008   

Lealea Enterprise Co., Ltd.

     2,676,000         788,233   

Lextar Electronics Corp.(a)

     1,714,000       873,403   

Long Chen Paper Co., Ltd.

     2,136,000         852,834   

Lotes Co., Ltd.(a)

     235,233         782,064   

Makalot Industrial Co., Ltd.(a)

     241,233         1,450,366   

Masterlink Securities Corp.

     3,394,060         973,377   

Mercuries & Associates Holding Ltd.

     881,362         568,241   

Merida Industry Co., Ltd.(a)

     417,043         1,846,527   

Merry Electronics Co., Ltd.(a)

     742,146         1,268,271   

Micro-Star International Co., Ltd.(a)

     3,375,877         5,197,449   

MIN AIK Technology Co., Ltd.

     296,000         495,725   

Namchow Chemical Industrial Co., Ltd.

     392,086         760,197   

Nan Ya Printed Circuit Board Corp.(a)

     1,053,000         1,110,780   

Neo Solar Power Corp.

     75,323         48,914   

Novatek Microelectronics Corp.

     2,037,000         8,196,355   

Oriental Union Chemical Corp.(a)

     1,579,767         998,889   

Posiflex Technology, Inc.(a)

     129,320         652,949   

Powertech Technology, Inc.

     1,485,000         3,368,289   

President Securities Corp.(a)

     2,246,000         956,071   

Primax Electronics Ltd.(a)

     768,000         900,820   

Prince Housing & Development Corp.(a)

     3,289,460         1,221,385   

Qisda Corp.

     4,499,000         1,453,816   

Radiant Opto-Electronics Corp.(a)

     958,252         1,857,908   

Realtek Semiconductor Corp.

     1,781,770         4,899,535   

Richtek Technology Corp.

     244,910         1,476,278   

Ruentex Development Co., Ltd.(a)

     4,021,520         5,091,876   

Ruentex Industries Ltd.

     3,549,162         5,844,693   

Sampo Corp.

     1,755,000         733,431   

San Fang Chemical Industry Co., Ltd.

     672,000         820,582   

San Shing Fastech Corp.(a)

     439,000         872,980   

Senao International Co., Ltd.

     407,599         547,113   

Sercomm Corp.(a)

     362,488         922,439   

Shin Zu Shing Co., Ltd.

     210,580         752,445   

Shinkong Synthetic Fibers Corp.(a)

     3,498,761         988,185   

Sinbon Electronics Co., Ltd.(a)

     527,307         1,076,438   

Sitronix Technology Corp.

     271,000         784,775   

Standard Foods Corp.

     642,073         1,592,015   

Sunspring Metal Corp.(a)

     492,000         616,070   

Swancor Ind Co., Ltd.(a)

     145,000         664,538   

Syncmold Enterprise Corp.

     635,220         1,063,832   

Synnex Technology International Corp.

     5,731,000         5,903,016   

TA Chen Stainless Pipe(a)

     1,975,000         926,625   

Taichung Commercial Bank Co., Ltd.

     2,736,000         802,506   

Taiflex Scientific Co., Ltd.

     735,974         832,384   

Taiwan Cogeneration Corp.(a)

     1,987,970         1,491,719   

Taiwan Fertilizer Co., Ltd.

     2,063,000         3,118,474   

Taiwan FU Hsing Industrial Co., Ltd.

     400,000         558,041   

Taiwan Hon Chuan Enterprise Co., Ltd.(a)

     561,692         815,905   

Taiwan Paiho Ltd.(a)

     350,000         1,048,347   

Taiwan PCB Techvest Co., Ltd.

     1,086,302         1,161,098   

Taiwan Secom Co., Ltd.

     710,674         2,053,588   

Taiwan Shin Kong Security Co., Ltd.

     844,000         1,050,280   

Taiwan Surface Mounting Technology Corp.

     745,781         662,731   

Taiwan TEA Corp.(a)

     1,719,000         793,163   

Teco Electric and Machinery Co., Ltd.

     3,167,683         2,583,634   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      51   


Table of Contents

Schedule of Investments (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Test Research, Inc.

     731,115       $ 1,119,934   

Test Rite International Co., Ltd.

     1,213,888         746,799   

Ton Yi Industrial Corp.

     1,754,538         817,738   

Tong Hsing Electronic Industries Ltd.(a)

     462,918         1,336,226   

Tong Yang Industry Co., Ltd.

     566,685         851,330   

Topco Scientific Co., Ltd.

     585,439         1,089,603   

Transcend Information, Inc.

     1,521,479         4,703,802   

Tripod Technology Corp.(a)

     1,136,928         2,063,031   

TSRC Corp.(a)

     2,316,011         1,960,953   

Tung Ho Steel Enterprise Corp.

     1,251,153         760,006   

TXC Corp.(a)

     825,549         1,123,510   

U-Ming Marine Transport Corp.(a)

     2,193,420         1,737,889   

United Integrated Services Co., Ltd.

     784,461         1,243,087   

Universal Cement Corp.

     929,300         645,347   

Visual Photonics Epitaxy Co., Ltd.(a)

     657,000         1,132,970   

Voltronic Power Technology Corp.(a)

     100,300         1,580,043   

Wan Hai Lines Ltd.

     7,371,000         4,248,448   

Wistron Corp.(a)

     6,504,148         4,021,643   

Wistron NeWeb Corp.(a)

     506,508         1,356,605   

Wowprime Corp.(a)

     125,833         545,417   

WPG Holdings Ltd.(a)

     5,111,759         5,447,842   

WT Microelectronics Co., Ltd.(a)

     1,351,112         1,616,263   

WUS Printed Circuit Co., Ltd.(a)

     878,000         810,235   

Yageo Corp.

     686,000         1,131,823   

YFY, Inc.

     2,435,000         783,068   

Yieh Phui Enterprise Co., Ltd.

     2,213,000         534,960   

Yulon Motor Co., Ltd.(a)

     1,178,000         1,143,814   

YungShin Global Holding Corp.

     543,250         847,351   

Yungtay Engineering Co., Ltd.(a)

     933,790         1,333,198   

Zeng Hsing Industrial Co., Ltd.

     193,000         890,520   

Zinwell Corp.(a)

     647,186         1,256,809   
     

 

 

 
Total Taiwan               245,207,651   
Thailand – 8.2%      

Amata Corp. PCL NVDR(a)

     2,666,600         932,325   

AP Thailand PCL

     6,796,966         1,178,553   

Asia Plus Group Holdings PCL NVDR

     7,780,500         751,953   

Bangchak Petroleum PCL (The)

     2,237,639         1,860,459   

Bangkok Airways Co., Ltd. NVDR

     2,125,000         1,510,091   

Bangkok Expressway & Metro PCL*

     19,404,536         3,061,261   

Bangkok Land PCL NVDR

     49,071,014         2,064,386   

Banpu PCL NVDR(a)

     5,923,900         2,812,084   

BEC World PCL NVDR

     2,954,700         2,372,663   

Berli Jucker PCL NVDR(a)

     997,000         1,027,324   

Carabao Group PCL NVDR

     1,093,500         1,251,091   

Central Plaza Hotel PCL NVDR(a)

     653,200         793,755   

CH Karnchang PCL NVDR(a)

     1,613,325         1,169,408   

Dynasty Ceramic PCL NVDR

     7,348,400         923,250   

Electricity Generating PCL

     704,291         3,573,506   

GFPT PCL NVDR

     2,674,400         919,848   

Hana Microelectronics PCL

     2,151,647         2,186,509   

Ichitan Group PCL NVDR(a)

     2,791,600         1,031,575   

IRPC PCL NVDR

     16,901,300         2,426,139   

Jasmine International PCL(a)

     8,238,496         814,951   

KCE Electronics PCL NVDR

     526,600         1,182,530   

Kiatnakin Bank PCL

     522,023       623,222   

Kiatnakin Bank PCL NVDR

     1,098,106         1,310,985   

LPN Development PCL NVDR(a)

     3,009,418         1,197,608   

Major Cineplex Group PCL

     1,302,969         1,120,375   

MC Group PCL NVDR

     2,109,000         779,335   

MK Restaurants Group PCL NVDR(a)

     1,094,600         1,656,835   

Pruksa Real Estate PCL

     3,739,341         2,869,875   

Pruksa Real Estate PCL NVDR

     1,146,200         879,687   

Quality Houses PCL NVDR

     12,803,944         858,934   

Ratchaburi Electricity Generating Holding PCL

     1,000,890         1,443,865   

Ratchaburi Electricity Generating Holding PCL NVDR

     527,300         760,673   

Robinson Department Store PCL NVDR

     1,112,400         1,588,917   

Rojana Industrial Park PCL NVDR

     3,820,600         591,878   

Samart Corp. PCL(a)

     1,455,200         694,922   

Sansiri PCL

     38,177,924         1,660,382   

Siamgas & Petrochemicals PCL NVDR(a)

     1,584,600         504,477   

Sino-Thai Engineering & Construction PCL NVDR(a)

     1,128,100         727,910   

SPCG PCL NVDR

     971,100         576,918   

STP & I PCL NVDR

     2,353,300         675,620   

Supalai PCL

     4,283,027         2,276,652   

Thai Union Group PCL NVDR

     6,121,420         3,636,659   

Thaicom PCL NVDR

     1,114,400         910,716   

Thanachart Capital PCL

     2,533,066         2,718,114   

Thoresen Thai Agencies PCL NVDR(a)

     3,159,400         709,473   

TICON Industrial Connection PCL NVDR

     2,421,015         825,815   

Tipco Asphalt PCL NVDR

     923,700         656,410   

Tisco Financial Group PCL NVDR

     1,895,857         2,452,004   

TPI Polene PCL NVDR(a)

     7,028,610         539,433   

TTW PCL(a)

     7,149,624         2,032,298   

Vanachai Group PCL NVDR

     2,014,500         692,878   

VGI Global Media PCL NVDR

     9,319,600         1,266,279   
     

 

 

 
Total Thailand         73,082,810   
Turkey – 3.4%      

Albaraka Turk Katilim Bankasi AS

     1,386,733         812,626   

Anadolu Cam Sanayii AS*

     1         1   

Aselsan Elektronik Sanayi ve Ticaret AS

     194,729         1,265,596   

AvivaSA Emeklilik ve Hayat AS Class A

     115,178         793,160   

Brisa Bridgestone Sabanci Sanayi ve Ticaret AS(a)

     699,408         1,939,971   

Celebi Hava Servisi AS

     68,402         827,908   

Cimsa Cimento Sanayi ve Ticaret AS

     364,651         2,038,430   

Dogus Otomotiv Servis ve Ticaret AS(a)

     598,415         2,673,602   

EGE Endustri VE Ticaret AS

     5,919         669,322   

Gubre Fabrikalari TAS

     369,462         796,475   

Is Gayrimenkul Yatirim Ortakligi AS(a)

     1,643,842         1,062,540   

Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class D

     1,251,687         640,135   

Konya Cimento Sanayii AS

     6,260         738,118   

Koza Altin Isletmeleri AS

     309,936         1,989,041   

Otokar Otomotiv ve Savunma Sanayi AS(a)

     43,271         1,659,718   

Saf Gayrimenkul Yatirim Ortakligi AS

     3,732,054         1,047,101   

Soda Sanayii AS

     623,967         1,127,959   

 

See Notes to Financial Statements.

 

52   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (concluded)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Tekfen Holding AS(a)

     456,082       $ 881,161   

Torunlar Gayrimenkul Yatirim Ortakligi AS

     672,843         1,056,208   

Turk Traktor ve Ziraat Makineleri AS

     110,110         3,282,926   

Turkiye Sise ve Cam Fabrikalari AS

     1,248,858         1,623,334   

Ulker Biskuvi Sanayi AS

     205,095         1,522,352   

Vestel Beyaz Esya Sanayi ve Ticaret AS

     413,334         1,695,496   
     

 

 

 
Total Turkey               30,143,180   

TOTAL COMMON STOCKS

(Cost: $928,658,674)

              884,964,948   
WARRANTS – 0.0%      
Malaysia – 0.0%      
VS Industry Bhd, expiring 1/6/19*
(Cost: $0)
     449,975         36,907   
EXCHANGE-TRADED NOTE – 0.6%      
United States – 0.6%      
iPath MSCI India Index ETN*(a) (Cost: $5,374,395)      82,503         5,180,363   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 5.3%   
United States – 5.3%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

     
(Cost: $47,246,610)(d)      47,246,610         47,246,610   

TOTAL INVESTMENTS IN SECURITIES – 104.8%

(Cost: $981,279,679)

  

  

     937,428,828   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (4.8)%

        (42,960,846
     

 

 

 
NET ASSETS – 100.0%             $ 894,467,982   
* 

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 $851,438, which represents 0.1% of net assets.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (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 March 31, 2016.

 

(d) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $88,264,527 and the total market value of the collateral held by the Fund was $100,343,418. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $53,096,808.

 

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.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS  
Settlement
Date
  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/1/2016

    USD        38,676        HKD        300,000      $   

4/1/2016

    USD        2,194        KRW        2,508,390          

4/1/2016

    USD        6,664        MYR        26,223        57   

4/1/2016

    USD        33,051        TWD        1,063,897        6   

4/1/2016

    USD        244,863        ZAR        3,755,687        10,487   

4/4/2016

    USD        11,033        MYR        43,029        (4
                                    $ 10,546   

 

CURRENCY LEGEND
HKD – Hong Kong dollar
KRW – South Korean won
MYR – Malaysian ringgit
TWD – New Taiwan dollar
USD – U.S. dollar
ZAR – South African rand

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      53   


Table of Contents

Schedule of Investments

WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 97.0%      
Australia – 3.4%      

Brambles Ltd.

     38,911       $ 362,779   

Cochlear Ltd.

     2,262         178,006   

CSL Ltd.

     10,814         843,846   

Domino’s Pizza Enterprises Ltd.

     1,408         62,257   

Fortescue Metals Group Ltd.(a)

     79,833         156,599   

Magellan Financial Group Ltd.

     6,756         117,869   

Platinum Asset Management Ltd.

     38,821         189,630   

REA Group Ltd.

     1,450         60,266   

Seek Ltd.

     10,785         134,235   

TPG Telecom Ltd.

     12,827         111,894   
     

 

 

 
Total Australia               2,217,381   
Austria – 0.0%      

ams AG

     348         11,974   
Brazil – 9.4%      

Ambev S.A.

     630,568         3,348,558   

BB Seguridade Participacoes S.A.

     136,908         1,147,338   

CCR S.A.

     136,331         539,708   

CETIP S.A. – Mercados Organizados

     17,971         203,594   

Cielo S.A.

     43,566         429,882   

Lojas Renner S.A.

     15,159         88,927   

Tractebel Energia S.A.

     28,499         294,961   

WEG S.A.

     32,887         130,008   
     

 

 

 
Total Brazil               6,182,976   
Canada – 1.3%      

CCL Industries, Inc. Class B

     493         93,954   

CI Financial Corp.(a)

     6,686         148,354   

Constellation Software, Inc.

     273         112,241   

Dollarama, Inc.

     1,040         73,482   

Gildan Activewear, Inc.

     3,790         116,034   

Linamar Corp.

     438         21,161   

Silver Wheaton Corp.(a)

     6,349         105,780   

SNC-Lavalin Group, Inc.

     5,206         190,981   
     

 

 

 
Total Canada               861,987   
Chile – 0.2%      

Cia Cervecerias Unidas S.A.

     12,133         136,936   
China – 9.1%      

AAC Technologies Holdings, Inc.

     31,000         237,000   

ANTA Sports Products Ltd.

     88,000         193,777   

Brilliance China Automotive Holdings Ltd.

     60,000         62,115   

China Conch Venture Holdings Ltd.

     51,500         101,585   

China Everbright International Ltd.

     62,000         69,222   

China Hongqiao Group Ltd.(a)

     504,500         350,575   

China Medical System Holdings Ltd.

     53,000         73,522   

China Overseas Land & Investment Ltd.

     265,300         839,692   

China Resources Cement Holdings Ltd.

     382,000         116,719   

China Resources Land Ltd.

     210,000         538,771   

China State Construction International Holdings Ltd.

     128,000         190,765   

Cosmo Lady China Holdings Co., Ltd.(a)(b)

     29,700         24,008   

CSPC Pharmaceutical Group Ltd.

     98,400         89,056   

Evergrande Real Estate Group Ltd.(a)

     1,989,900       1,536,701   

Geely Automobile Holdings Ltd.

     50,000         24,753   

Golden Eagle Retail Group Ltd.(a)

     77,000         90,237   

Great Wall Motor Co., Ltd. Class H

     148,400         120,533   

Guorui Properties Ltd.(a)

     90,000         31,444   

Kingsoft Corp., Ltd.(a)

     14,000         32,814   

Logan Property Holdings Co., Ltd.

     192,000         71,537   

Shenzhen International Holdings Ltd.

     88,000         142,723   

Shenzhou International Group Holdings Ltd.

     42,200         229,592   

Sino Biopharmaceutical Ltd.

     54,500         40,893   

Sunny Optical Technology Group Co., Ltd.(a)

     18,000         50,590   

Tencent Holdings Ltd.

     30,100         614,686   

Xinyi Solar Holdings Ltd.(a)

     164,000         58,356   

Zhuzhou CRRC Times Electric Co., Ltd. Class H

     11,200         65,411   
     

 

 

 
Total China               5,997,077   
Denmark – 4.3%      

Coloplast A/S Class B

     5,990         454,613   

Novo Nordisk A/S Class B

     35,416         1,924,114   

Novozymes A/S Class B

     3,583         161,341   

Pandora A/S

     1,730         226,902   

Royal Unibrew A/S

     1,450         70,083   

SimCorp A/S

     427         19,737   
     

 

 

 
Total Denmark               2,856,790   
Finland – 4.1%      

Elisa Oyj(a)

     7,304         284,406   

Fortum Oyj(a)

     89,413         1,356,164   

Kone Oyj Class B

     17,032         822,158   

Nokian Renkaat Oyj

     6,116         216,194   
     

 

 

 
Total Finland               2,678,922   
France – 1.2%      

Eurazeo S.A.

     1,347         91,208   

Hermes International

     973         343,113   

Iliad S.A.

     288         74,220   

Ingenico Group S.A.

     728         83,747   

Plastic Omnium S.A.

     2,379         81,940   

Zodiac Aerospace

     4,942         99,174   
     

 

 

 
Total France               773,402   
Germany – 1.6%      

CTS Eventim AG & Co. KGaA

     1,366         48,606   

Fielmann AG

     3,089         234,789   

Fuchs Petrolub SE

     2,363         91,715   

Henkel AG & Co. KGaA

     4,480         440,935   

KUKA AG(a)

     357         37,440   

United Internet AG Registered Shares

     3,869         194,455   

Wirecard AG(a)

     1,072         40,679   
     

 

 

 
Total Germany               1,088,619   
Hong Kong – 0.8%      

Joy City Property Ltd.

     210,000         31,947   

PCCW Ltd.

     575,000         372,137   

Techtronic Industries Co., Ltd.

     32,000         126,448   
     

 

 

 
Total Hong Kong               530,532   

 

See Notes to Financial Statements.

 

54   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
India – 1.2%      

Infosys Ltd. ADR

     31,292       $ 595,174   

Mahindra & Mahindra Ltd. GDR

     11,046         198,275   
     

 

 

 
Total India               793,449   
Indonesia – 1.2%      

Jasa Marga Persero Tbk PT

     145,001         59,050   

Kalbe Farma Tbk PT

     841,700         91,724   

Mitra Keluarga Karyasehat Tbk PT

     162,200         29,663   

Surya Citra Media Tbk PT

     147,900         35,023   

Unilever Indonesia Tbk PT

     178,500         577,837   
     

 

 

 
Total Indonesia               793,297   
Ireland – 0.3%      

Paddy Power Betfair PLC

     1,401         195,732   
Israel – 0.8%      

Frutarom Industries Ltd.

     580         30,392   

Israel Chemicals Ltd.

     89,607         389,699   

Osem Investments Ltd.*

     3,826         83,583   
     

 

 

 
Total Israel               503,674   
Italy – 1.6%      

Azimut Holding SpA

     7,018         161,947   

Luxottica Group SpA

     12,561         694,224   

Moncler SpA

     2,781         47,061   

Salvatore Ferragamo SpA(a)

     2,503         64,062   

Tod’s SpA(a)

     1,193         85,104   
     

 

 

 
Total Italy               1,052,398   
Japan – 7.0%      

Asahi Intecc Co., Ltd.

     300         14,066   

Bandai Namco Holdings, Inc.

     5,400         117,902   

Calbee, Inc.(a)

     1,400         55,679   

CyberAgent, Inc.(a)

     700         32,573   

Daiichikosho Co., Ltd.

     700         30,517   

Daito Trust Construction Co., Ltd.

     3,500         497,620   

DeNa Co., Ltd.(a)

     600         10,351   

Fast Retailing Co., Ltd.

     700         224,334   

Fuji Heavy Industries Ltd.

     13,300         470,372   

GungHo Online Entertainment, Inc.(a)

     16,100         45,409   

Haseko Corp.

     2,100         19,581   

Hikari Tsushin, Inc.

     900         68,624   

Iida Group Holdings Co., Ltd.

     6,100         119,129   

Kakaku.com, Inc.(a)

     4,000         74,381   

Kaken Pharmaceutical Co., Ltd.

     700         42,413   

M3, Inc.

     1,100         27,717   

MISUMI Group, Inc.(a)

     3,400         48,734   

Mixi, Inc.

     3,000         111,571   

MonotaRO Co., Ltd.(a)

     500         14,881   

Murata Manufacturing Co., Ltd.

     3,500         422,572   

Nexon Co., Ltd.

     3,300         56,343   

Nippon Paint Holdings Co., Ltd.(a)

     4,500         99,973   

Nissan Chemical Industries Ltd.(a)

     2,900         74,825   

Nitori Holdings Co., Ltd.

     700         64,211   

Obic Co., Ltd.

     1,700         89,995   

Oracle Corp.

     3,400         191,183   

Park24 Co., Ltd.

     4,900       137,328   

Pigeon Corp.

     2,000         52,262   

Ryohin Keikaku Co., Ltd.

     300         63,526   

Sanrio Co., Ltd.(a)

     2,500         48,957   

Seiko Epson Corp.

     18,900         305,709   

Shimano, Inc.

     700         109,863   

Shionogi & Co., Ltd.

     5,500         259,206   

Start Today Co., Ltd.

     1,000         40,393   

Sumitomo Rubber Industries Ltd.

     8,300         128,419   

Sysmex Corp.

     1,800         112,745   

Temp Holdings Co., Ltd.

     1,200         17,424   

Tosoh Corp.

     12,000         50,501   

TOTO Ltd.(a)

     2,800         87,442   

USS Co., Ltd.

     6,400         102,382   

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

     3,500         57,640   
     

 

 

 
Total Japan               4,598,753   
Malaysia – 0.3%      

HAP Seng Consolidated Bhd

     121,200         233,919   
Mexico – 1.2%      

Grupo Aeroportuario del Pacifico S.A.B. de C.V. Class B

     19,520         175,566   

Grupo Aeroportuario del Sureste S.A.B. de C.V. Class B

     8,356         126,888   

Grupo Carso S.A.B. de C.V. Series A1

     31,956         150,235   

Grupo Lala S.A.B. de C.V.

     38,464         105,666   

Industrias Bachoco S.A.B. de C.V. Series B

     14,743         63,677   

Kimberly-Clark de Mexico S.A.B. de C.V. Class A

     61,161         148,355   
     

 

 

 
Total Mexico               770,387   
Netherlands – 0.8%      

ASML Holding N.V.

     5,009         509,611   

Euronext N.V.(b)

     988         41,083   
     

 

 

 
Total Netherlands               550,694   
New Zealand – 0.3%      

Fisher & Paykel Healthcare Corp., Ltd.

     28,953         197,000   
Norway – 1.1%      

Telenor ASA

     44,255         716,427   
Philippines – 0.8%      

Emperador, Inc.

     391,200         64,400   

Jollibee Foods Corp.

     2,590         12,769   

Semirara Mining & Power Corp.

     61,720         175,998   

Universal Robina Corp.

     60,350         284,154   
     

 

 

 
Total Philippines               537,321   
Russia – 5.5%      

Gazprom PAO ADR

     709,861         3,061,631   

NovaTek OAO GDR Reg S

     6,418         576,657   
     

 

 

 
Total Russia               3,638,288   
Singapore – 0.3%      

SIA Engineering Co., Ltd.

     74,200         198,366   
South Africa – 3.3%      

Capitec Bank Holdings Ltd.

     1,957         76,246   

Discovery Ltd.(a)

     9,895         81,741   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      55   


Table of Contents

Schedule of Investments (continued)

WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Foschini Group Ltd. (The)

     4,956       $ 47,660   

Hyprop Investments Ltd.

     17,781         142,255   

Life Healthcare Group Holdings Ltd.

     12,015         29,147   

Mr. Price Group Ltd.

     9,520         114,845   

Naspers Ltd. Class N

     1,223         171,376   

Netcare Ltd.

     54,088         132,756   

Pick n Pay Stores Ltd.

     13,680         65,331   

Pioneer Foods Group Ltd.

     4,211         39,808   

PSG Group Ltd.

     1,459         19,889   

Rand Merchant Investment Holdings Ltd.(a)

     53,533         151,485   

Resilient REIT Ltd.

     17,059         157,205   

RMB Holdings Ltd.(a)

     68,569         285,596   

Shoprite Holdings Ltd.(a)

     11,403         134,606   

SPAR Group Ltd. (The)

     7,349         99,432   

Tiger Brands Ltd.

     4,723         104,437   

Truworths International Ltd.(a)

     25,121         167,758   

Woolworths Holdings Ltd.

     30,845         188,052   
     

 

 

 
Total South Africa               2,209,625   
South Korea – 1.9%      

Amorepacific Corp.

     189         63,876   

Coway Co., Ltd.

     2,183         184,207   

Cuckoo Electronics Co., Ltd.

     91         15,954   

Hanssem Co., Ltd.

     92         17,980   

Hotel Shilla Co., Ltd.

     217         12,619   

Hyundai Wia Corp.

     299         27,453   

Korea Aerospace Industries Ltd.

     382         21,779   

Korea Zinc Co., Ltd.

     295         124,207   

KT&G Corp.

     5,289         508,736   

LG Household & Health Care Ltd.

     68         56,191   

Medy-Tox, Inc.

     37         14,284   

S-1 Corp.

     834         64,468   

Samlip General Foods Co., Ltd.

     33         6,175   

SK Holdings Co., Ltd.

     497         96,914   

Youngone Corp.

     421         17,707   
     

 

 

 
Total South Korea               1,232,550   
Spain – 3.0%      

Industria de Diseno Textil S.A.

     55,936         1,884,529   

Tecnicas Reunidas S.A.(a)

     2,836         79,906   
     

 

 

 
Total Spain               1,964,435   
Sweden – 3.8%      

Atlas Copco AB Class B

     13,999         330,518   

Axfood AB

     8,265         152,929   

Hennes & Mauritz AB Class B

     49,730         1,660,591   

Hexpol AB

     6,621         73,710   

Investment AB Kinnevik Class B

     7,741         219,911   

Investment AB Latour Class B

     1,975         81,980   
     

 

 

 
Total Sweden               2,519,639   
Switzerland – 5.0%      

Actelion Ltd. Registered Shares*

     1,529         229,434   

Bucher Industries AG Registered Shares

     380         92,733   

EMS-Chemie Holding AG Registered Shares

     870         452,874   

Georg Fischer AG Registered Shares

     150         121,704   

Partners Group Holding AG

     819       330,542   

Roche Holding AG Bearer Shares

     5,848         1,474,748   

Schindler Holding AG Participation Certificate

     1,925         356,396   

Schindler Holding AG Registered Shares

     63         11,585   

Swatch Group AG (The) Registered Shares

     2,749         185,869   

Temenos Group AG Registered Shares*

     1,035         56,849   
     

 

 

 
Total Switzerland               3,312,734   
Taiwan – 9.1%      

Advantech Co., Ltd.

     23,000         169,012   

Catcher Technology Co., Ltd.

     20,000         164,057   

Eclat Textile Co., Ltd.

     7,160         94,216   

Feng TAY Enterprise Co., Ltd.

     13,000         69,072   

Hotai Motor Co., Ltd.

     12,000         131,991   

Largan Precision Co., Ltd.

     4,000         310,092   

Nanya Technology Corp.

     174,028         216,021   

President Chain Store Corp.

     48,000         349,739   

Siliconware Precision Industries Co., Ltd.

     312,000         504,101   

Taiwan Semiconductor Manufacturing Co., Ltd.

     795,000         4,001,678   
     

 

 

 
Total Taiwan               6,009,979   
Thailand – 2.5%      

Airports of Thailand PCL NVDR

     26,900         307,385   

Bangkok Dusit Medical Services PCL NVDR

     295,200         196,353   

Big C Supercenter PCL NVDR

     21,800         155,537   

Bumrungrad Hospital PCL NVDR

     9,100         54,838   

Central Pattana PCL NVDR

     87,550         128,164   

CP ALL PCL

     195,656         254,442   

Glow Energy PCL NVDR

     80,100         209,471   

Intouch Holdings PCL NVDR(a)

     185,553         336,242   
     

 

 

 
Total Thailand               1,642,432   
Turkey – 0.9%      

Aselsan Elektronik Sanayi ve Ticaret AS

     6,283         40,835   

BIM Birlesik Magazalar AS

     6,020         130,526   

Emlak Konut Gayrimenkul Yatirim Ortakligi AS

     128,568         131,047   

Ford Otomotiv Sanayi AS

     12,472         164,510   

TAV Havalimanlari Holding AS

     16,604         99,127   

Ulker Biskuvi Sanayi AS

     6,948         51,573   
     

 

 

 
Total Turkey               617,618   
United Kingdom – 9.7%      

ARM Holdings PLC

     16,526         240,854   

Ashmore Group PLC(a)

     54,656         225,930   

Ashtead Group PLC

     10,274         127,585   

Berendsen PLC

     6,765         116,972   

Bovis Homes Group PLC

     5,018         67,183   

Crest Nicholson Holdings PLC

     6,718         54,362   

Croda International PLC

     5,774         252,206   

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

     11,448         114,521   

Domino’s Pizza Group PLC

     3,926         56,880   

Dunelm Group PLC

     4,269         56,051   

Hammerson PLC

     37,964         315,662   

Hays PLC

     40,397         70,256   

Hikma Pharmaceuticals PLC

     2,154         61,300   

 

See Notes to Financial Statements.

 

56   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (concluded)

WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Howden Joinery Group PLC

     11,832       $ 81,306   

IG Group Holdings PLC

     17,069         196,266   

Imperial Brands PLC

     49,830         2,766,706   

ITV PLC

     86,254         299,023   

Jardine Lloyd Thompson Group PLC

     6,772         82,198   

JD Sports Fashion PLC

     637         10,309   

Restaurant Group PLC (The)

     7,612         42,953   

Rightmove PLC

     1,427         86,369   

Rotork PLC

     31,659         83,180   

Smiths Group PLC

     20,996         324,710   

Spirax-Sarco Engineering PLC

     1,859         97,259   

Taylor Wimpey PLC

     184,983         505,962   

Ted Baker PLC

     441         17,260   

Unite Group PLC (The)

     7,971         72,922   
     

 

 

 
Total United Kingdom               6,426,185   

TOTAL COMMON STOCKS

(Cost: $62,124,848)

              64,051,498   
EXCHANGE-TRADED FUNDS AND NOTES – 2.5%      
United States – 2.5%      

iPath MSCI India Index ETN*(a)

     25,588         1,606,670   

WisdomTree Emerging Markets High Dividend Fund(c)

     511         17,798   

WisdomTree International Equity Fund(c)

     577         26,421   

TOTAL EXCHANGE-TRADED FUNDS AND NOTES

(Cost: $1,740,596)

              1,650,889   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 5.2%   
United States – 5.2%      

State Street Navigator
Securities Lending Prime
Portfolio, 0.50%(d)

(Cost: $3,457,503)(e)

     3,457,503         3,457,503   

TOTAL INVESTMENTS IN SECURITIES – 104.7%

(Cost: $67,322,947)

        69,159,890   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (4.7)%

        (3,134,156
     

 

 

 
NET ASSETS – 100.0%             $ 66,025,734   

 

* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (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 3).

 

(d) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(e) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $5,692,262 and the total market value of the collateral held by the Fund was $6,162,643. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $2,705,140.

 

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      57   


Table of Contents

Schedule of Investments

WisdomTree Global ex-U.S. Real Estate Fund (DRW)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.6%      
Australia – 13.3%      

Abacus Property Group

     67,850       $ 155,537   

BWP Trust

     74,479         195,942   

Charter Hall Group

     61,748         220,398   

Charter Hall Retail REIT

     60,826         214,768   

Cromwell Property Group

     352,279         281,830   

Dexus Property Group

     147,330         899,868   

Goodman Group

     184,649         947,415   

GPT Group (The)

     230,448         886,360   

Growthpoint Properties Australia Ltd.(a)

     95,604         230,926   

Investa Office Fund

     78,140         251,857   

LendLease Group

     68,698         732,973   

Mirvac Group

     557,832         830,332   

Scentre Group

     761,807         2,601,928   

Stockland

     405,776         1,332,851   

Vicinity Centres

     457,127         1,121,747   

Westfield Corp.

     203,538         1,564,150   
     

 

 

 
Total Australia               12,468,882   
Austria – 0.2%      

CA Immobilien Anlagen AG*

     7,836         154,257   
Belgium – 1.0%      

Befimmo S.A.

     3,716         239,084   

Cofinimmo S.A.

     4,045         497,133   

Warehouses De Pauw

     2,304         219,362   
     

 

 

 
Total Belgium               955,579   
Brazil – 0.4%      

BR Malls Participacoes S.A.

     45,492         189,336   

Multiplan Empreendimentos Imobiliarios S.A.

     11,701         177,298   
     

 

 

 
Total Brazil               366,634   
Canada – 7.1%      

Allied Properties Real Estate Investment Trust

     9,440         255,222   

Artis Real Estate Investment Trust

     30,784         305,353   

Boardwalk Real Estate Investment Trust

     5,406         216,457   

Brookfield Asset Management, Inc. Class A

     36,650         1,279,895   

Canadian Apartment Properties REIT

     13,305         297,073   

Canadian Real Estate Investment Trust

     9,157         319,074   

Cominar Real Estate Investment Trust

     37,337         496,499   

Dream Office Real Estate Investment Trust

     30,255         485,362   

First Capital Realty, Inc.

     30,619         488,124   

Granite Real Estate Investment Trust

     7,920         229,067   

H&R Real Estate Investment Trust

     49,940         810,422   

RioCan Real Estate Investment Trust

     48,109         989,369   

Smart Real Estate Investment Trust

     18,379         482,121   
     

 

 

 
Total Canada               6,654,038   
Chile – 0.1%      

Parque Arauco S.A.

     74,563         137,051   
China – 15.7%      

China Jinmao Holdings Group Ltd.

     1,687,000         469,786   

China Overseas Land & Investment Ltd.

     628,049         1,987,817   

China Resources Land Ltd.

     474,000         1,216,082   

China South City Holdings Ltd.(a)

     1,572,800       324,433   

China Vanke Co., Ltd. Class H

     156,400         383,512   

CIFI Holdings Group Co., Ltd.

     1,735,900         416,264   

Country Garden Holdings Co., Ltd.

     5,062,000         2,010,038   

Dalian Wanda Commercial Properties Co., Ltd. Class H(b)

     42,700         252,956   

Evergrande Real Estate Group Ltd.(a)

     4,601,000         3,553,125   

Guorui Properties Ltd.(a)

     224,000         78,261   

KWG Property Holding Ltd.

     580,500         381,683   

Logan Property Holdings Co., Ltd.

     460,000         171,391   

Longfor Properties Co., Ltd.

     575,000         819,888   

Poly Property Group Co., Ltd.

     323,000         88,281   

Shenzhen Investment Ltd.

     1,012,000         401,849   

Shimao Property Holdings Ltd.

     676,000         1,000,507   

Shui On Land Ltd.

     754,000         203,165   

Sino-Ocean Land Holdings Ltd.

     1,065,200         503,998   

Sunac China Holdings Ltd.

     480,900         323,636   

Yuexiu Property Co., Ltd.

     1,548,000         223,522   
     

 

 

 
Total China               14,810,194   
Finland – 0.5%      

Citycon Oyj

     109,032         275,581   

Sponda Oyj

     39,702         167,397   
     

 

 

 
Total Finland               442,978   
France – 8.7%      

Fonciere Des Regions

     10,016         947,911   

Gecina S.A.

     7,449         1,027,110   

ICADE

     12,261         940,597   

Klepierre

     26,950         1,292,928   

Mercialys S.A.

     16,397         381,085   

Nexity S.A.

     8,810         459,756   

Unibail-Rodamco SE

     11,291         3,111,160   
     

 

 

 
Total France               8,160,547   
Germany – 2.8%      

alstria office REIT-AG*

     8,617         124,511   

Deutsche Euroshop AG

     4,427         208,249   

Deutsche Wohnen AG Bearer Shares

     18,973         590,893   

LEG Immobilien AG*

     4,635         437,599   

TAG Immobilien AG(a)

     16,007         216,883   

Vonovia SE

     28,578         1,029,902   
     

 

 

 
Total Germany               2,608,037   
Hong Kong – 18.3%      

Champion REIT

     850,000         432,860   

Fortune Real Estate Investment Trust

     311,000         333,191   

Hang Lung Group Ltd.

     120,649         346,087   

Hang Lung Properties Ltd.

     544,283         1,039,931   

Henderson Land Development Co., Ltd.

     212,440         1,305,060   

Hui Xian REIT

     703,634         337,767   

Hysan Development Co., Ltd.

     116,115         494,756   

Link REIT

     276,615         1,640,457   

New World Development Co., Ltd.

     1,350,497         1,286,677   

Sino Land Co., Ltd.

     711,735         1,126,803   

Sun Hung Kai Properties Ltd.

     259,810         3,177,054   

 

See Notes to Financial Statements.

 

58   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree Global ex-U.S. Real Estate Fund (DRW)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Swire Pacific Ltd. Class A

     116,278       $ 1,251,744   

Swire Properties Ltd.

     493,141         1,331,946   

Wharf Holdings Ltd. (The)

     345,872         1,890,657   

Wheelock & Co., Ltd.

     188,231         840,864   

Yuexiu Real Estate Investment Trust

     631,000         350,621   
     

 

 

 
Total Hong Kong               17,186,475   
Indonesia – 0.3%      

Bumi Serpong Damai Tbk PT

     541,224         74,898   

Lippo Karawaci Tbk PT

     1,720,400         135,582   

Summarecon Agung Tbk PT

     665,600         79,561   
     

 

 

 
Total Indonesia               290,041   
Ireland – 0.1%      

Green REIT PLC

     36,741         59,076   
Israel – 0.7%      

Azrieli Group Ltd.

     6,947         272,558   

Gazit-Globe Ltd.

     24,475         223,234   

Melisron Ltd.

     4,492         161,662   
     

 

 

 
Total Israel               657,454   
Italy – 0.2%      

Beni Stabili SpA SIIQ

     225,254         169,286   
Japan – 4.6%      

Aeon Mall Co., Ltd.

     4,930         73,120   

Daito Trust Construction Co., Ltd.

     7,300         1,037,893   

Daiwa House Industry Co., Ltd.

     41,200         1,160,543   

Hulic Co., Ltd.

     20,400         195,297   

Mitsubishi Estate Co., Ltd.

     23,589         438,746   

Mitsui Fudosan Co., Ltd.

     27,308         682,244   

Nomura Real Estate Holdings, Inc.

     11,365         210,322   

NTT Urban Development Corp.

     13,600         133,223   

Sumitomo Realty & Development Co., Ltd.

     9,279         271,943   

Tokyu Fudosan Holdings Corp.

     22,968         156,124   
     

 

 

 
Total Japan               4,359,455   
Malaysia – 1.2%      

IGB Real Estate Investment Trust

     263,900         103,490   

IOI Properties Group Bhd

     251,900         149,145   

KLCCP Stapled Group

     172,800         317,121   

SP Setia Bhd Group

     175,555         140,840   

Sunway Bhd

     185,500         149,294   

Sunway Real Estate Investment Trust

     446,796         183,231   

UEM Sunrise Bhd

     349,000         101,976   
     

 

 

 
Total Malaysia               1,145,097   
Mexico – 1.6%      

Concentradora Fibra Danhos S.A. de C.V.

     76,721         160,983   

Fibra Uno Administracion S.A. de C.V.

     430,033         1,007,724   

Macquarie Mexico Real Estate Management S.A. de C.V.*

     125,838         171,012   

PLA Administradora Industrial S de RL de C.V.*

     106,302         198,676   
     

 

 

 
Total Mexico               1,538,395   
Netherlands – 0.6%      

Eurocommercial Properties N.V. CVA

     5,680         266,220   

Wereldhave N.V.

     5,228       292,815   
     

 

 

 
Total Netherlands               559,035   
New Zealand – 0.2%      

Kiwi Property Group Ltd.

     178,216         178,798   
Norway – 0.2%      

Entra ASA(b)

     20,885         196,951   
Philippines – 0.9%      

Ayala Land, Inc.

     458,700         351,160   

Robinsons Land Corp.

     137,400         83,255   

SM Prime Holdings, Inc.

     777,375         370,580   
     

 

 

 
Total Philippines               804,995   
Singapore – 7.8%      

Ascendas Real Estate Investment Trust

     443,084         786,403   

Ascott Residence Trust(a)

     291,373         231,523   

CapitaLand Commercial Trust Ltd.

     548,635         598,911   

CapitaLand Ltd.

     347,289         791,755   

CapitaLand Mall Trust

     558,086         866,181   

City Developments Ltd.

     46,203         280,320   

Frasers Centrepoint Trust(a)

     145,500         216,100   

Global Logistic Properties Ltd.

     334,500         478,177   

Keppel REIT

     455,600         336,642   

Mapletree Commercial Trust

     398,690         417,461   

Mapletree Greater China Commercial Trust

     525,500         372,681   

Mapletree Industrial Trust

     366,218         433,772   

Mapletree Logistics Trust

     535,487         401,635   

SPH REIT

     269,600         193,201   

Starhill Global REIT

     394,584         228,558   

Suntec Real Estate Investment Trust

     440,628         548,085   

UOL Group Ltd.

     43,800         195,158   
     

 

 

 
Total Singapore               7,376,563   
South Africa – 2.3%      

Fortress Income Fund Ltd.(a)

     120,777         293,977   

Fortress Income Fund Ltd. Class A

     155,759         166,370   

Growthpoint Properties Ltd.

     353,346         590,272   

Hyprop Investments Ltd.

     33,570         268,574   

Redefine Properties Ltd.

     678,121         552,345   

Resilient REIT Ltd.

     32,732         301,638   
     

 

 

 
Total South Africa               2,173,176   
Sweden – 1.5%      

Atrium Ljungberg AB Class B

     8,387         145,358   

Castellum AB

     15,894         253,113   

Fabege AB

     12,581         212,769   

Hemfosa Fastigheter AB

     10,710         117,911   

Hufvudstaden AB Class A

     19,304         306,466   

Kungsleden AB

     11,175         79,263   

Wallenstam AB Class B

     19,161         165,925   

Wihlborgs Fastigheter AB

     5,884         125,131   
     

 

 

 
Total Sweden               1,405,936   
Switzerland – 1.3%      

PSP Swiss Property AG Registered Shares

     5,023         485,174   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      59   


Table of Contents

Schedule of Investments (concluded)

WisdomTree Global ex-U.S. Real Estate Fund (DRW)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Swiss Prime Site AG Registered Shares*

     8,507       $ 753,296   
     

 

 

 
Total Switzerland               1,238,470   
Taiwan – 0.8%      

Highwealth Construction Corp.

     229,110         334,581   

Ruentex Development Co., Ltd.

     318,954         403,846   
     

 

 

 
Total Taiwan               738,427   
Thailand – 1.2%      

Central Pattana PCL NVDR

     193,574         283,373   

Land & Houses PCL NVDR

     2,554,511         649,883   

Pruksa Real Estate PCL NVDR

     318,893         244,744   
     

 

 

 
Total Thailand               1,178,000   
Turkey – 0.4%      

Emlak Konut Gayrimenkul Yatirim Ortakligi AS

     370,886         378,038   
United Kingdom – 5.6%      

Big Yellow Group PLC

     12,877         143,345   

British Land Co. PLC (The)

     98,579         992,522   

Capital & Counties Properties PLC

     17,019         80,674   

Countrywide PLC

     20,715         114,807   

Derwent London PLC

     3,584         162,368   

Foxtons Group PLC

     27,728         64,862   

Great Portland Estates PLC

     15,464         161,808   

Hammerson PLC

     81,178         674,977   

Hansteen Holdings PLC(a)

     88,221         134,915   

Intu Properties PLC

     154,867         696,708   

Land Securities Group PLC

     57,837         915,252   

Londonmetric Property PLC

     62,899         143,382   

Savills PLC

     11,181         122,135   

Segro PLC

     71,477         421,517   

Shaftesbury PLC

     17,918         234,615   

Unite Group PLC (The)

     18,109         165,669   

Workspace Group PLC

     7,035         79,172   
     

 

 

 
Total United Kingdom               5,308,728   

TOTAL COMMON STOCKS

(Cost: $93,785,774)

              93,700,593   
EXCHANGE-TRADED FUNDS AND NOTES – 0.1%   
United States – 0.1%      

iPath MSCI India Index ETN*

     340         21,348   

WisdomTree Global Natural Resources Fund(c)

     4,718         55,286   

TOTAL EXCHANGE-TRADED FUNDS AND NOTES

(Cost: $75,874)

              76,634   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.9%   
United States – 3.9%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(d)

(Cost: $3,611,625)(e)

     3,611,625         3,611,625   

TOTAL INVESTMENTS IN SECURITIES – 103.6%

(Cost: $97,473,273)

  

  

     97,388,852   

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

        (3,344,796
     

 

 

 
NET ASSETS – 100.0%             $ 94,044,056   

 

* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (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 3).

 

(d) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(e) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $4,021,658 and the total market value of the collateral held by the Fund was $4,414,345. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $802,720.

 

CVA – Certificaten Van Aandelen (Certificate of Stock)
ETN – Exchange-Traded Note
NVDR – Non-Voting Depositary Receipt

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS  
Settlement
Date
  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/4/2016

    EUR        6,454        USD        7,347      $ (8

4/4/2016

    ZAR        358,389        USD        24,376        9   
                                    $ 1   
CURRENCY LEGEND                

EUR – Euro

USD – U.S. dollar

ZAR – South African rand

 

See Notes to Financial Statements.

 

60   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments

WisdomTree Global ex-U.S. Utilities Fund (DBU)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.7%      
Australia – 1.5%      

AGL Energy Ltd.

     16,347       $ 231,379   
Austria – 0.7%      

Verbund AG(a)

     8,586         109,876   
Belgium – 0.6%      

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

     1,947         96,991   
Brazil – 5.2%      

Cia de Saneamento Basico do Estado de Sao Paulo

     24,530         165,979   

EDP – Energias do Brasil S.A.

     56,616         201,287   

Equatorial Energia S.A.

     12,334         142,551   

Tractebel Energia S.A.

     27,849         288,234   
     

 

 

 
Total Brazil               798,051   
Canada – 10.4%      

Algonquin Power & Utilities Corp.(a)

     18,717         157,295   

Atco Ltd. Class I

     3,874         117,647   

Canadian Utilities Ltd. Class A

     5,464         153,556   

Capital Power Corp.(a)

     13,028         181,301   

Emera, Inc.

     5,365         197,187   

Fortis, Inc.

     5,445         171,376   

Northland Power, Inc.(a)

     13,400         221,909   

Superior Plus Corp.

     13,342         95,311   

TransAlta Corp.

     62,047         289,740   
     

 

 

 
Total Canada               1,585,322   
Chile – 3.5%      

Aguas Andinas S.A. Class A

     151,213         86,537   

Colbun S.A.

     219,558         61,266   

E.CL S.A.

     38,438         63,048   

Empresa Nacional de Electricidad S.A.

     98,276         136,915   

Enersis Americas S.A.

     653,157         181,174   
     

 

 

 
Total Chile               528,940   
China – 9.7%      

Beijing Enterprises Water Group Ltd.(a)

     56,000         35,088   

Beijing Jingneng Clean Energy Co., Ltd. Class H

     326,000         104,232   

China Gas Holdings Ltd.

     48,000         70,794   

China Longyuan Power Group Corp., Ltd. Class H

     38,100         28,195   

China Power International Development Ltd.

     279,000         144,598   

China Resources Gas Group Ltd.

     24,000         68,536   

China Resources Power Holdings Co., Ltd.

     92,100         172,170   

CT Environmental Group Ltd.(a)

     70,000         20,576   

Datang International Power Generation Co., Ltd. Class H

     658,000         202,747   

Guangdong Investment Ltd.

     96,600         122,174   

Huadian Fuxin Energy Corp., Ltd. Class H

     264,000         61,605   

Huadian Power International Corp., Ltd. Class H

     324,000         206,349   

Huaneng Power International, Inc. Class H

     234,640         209,939   

Huaneng Renewables Corp., Ltd. Class H

     106,000         32,935   
     

 

 

 
Total China               1,479,938   
Czech Republic – 2.0%      

CEZ AS

     16,984         300,023   
Finland – 2.5%      

Fortum Oyj(a)

     25,056       380,035   
France – 7.0%      

Electricite de France S.A.

     19,899         223,675   

Engie S.A.

     20,222         314,320   

Rubis SCA

     1,863         149,819   

Suez Environnement Co.

     10,499         192,862   

Veolia Environnement S.A.

     7,413         178,833   
     

 

 

 
Total France               1,059,509   
Germany – 2.0%      

E.ON SE

     31,134         299,370   
Hong Kong – 3.3%      

CLP Holdings Ltd.

     22,822         206,402   

Hong Kong & China Gas Co., Ltd.

     56,645         105,891   

Power Assets Holdings Ltd.

     18,886         193,205   
     

 

 

 
Total Hong Kong               505,498   
Indonesia – 1.6%      

Perusahaan Gas Negara Persero Tbk

     1,247,000         245,920   
Italy – 8.8%      

A2A SpA

     119,004         155,004   

Enel Green Power SpA

     46,705         100,591   

Enel SpA

     37,301         165,690   

Hera SpA

     56,444         168,906   

Iren SpA

     92,017         165,151   

Snam SpA

     52,321         328,221   

Terna Rete Elettrica Nazionale SpA

     45,749         261,449   
     

 

 

 
Total Italy               1,345,012   
Japan – 4.8%      

Chubu Electric Power Co., Inc.

     3,700         51,733   

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

     10,300         139,295   

Electric Power Development Co., Ltd.

     2,842         88,880   

Hokuriku Electric Power Co.

     10,600         150,236   

Osaka Gas Co., Ltd.(a)

     28,000         107,720   

Toho Gas Co., Ltd.(a)

     11,000         78,197   

Tohoku Electric Power Co., Inc.

     3,000         38,756   

Tokyo Gas Co., Ltd.

     17,000         79,362   
     

 

 

 
Total Japan               734,179   
Malaysia – 1.9%      

Petronas Gas Bhd

     25,600         144,355   

Tenaga Nasional Bhd

     38,900         138,989   
     

 

 

 
Total Malaysia               283,344   
Mexico – 1.0%      

Infraestructura Energetica Nova S.A.B. de C.V.(a)

     36,917         152,146   
New Zealand – 4.2%      

Contact Energy Ltd.

     91,843         318,833   

Meridian Energy Ltd.

     178,667         325,007   
     

 

 

 
Total New Zealand               643,840   
Philippines – 2.2%      

Aboitiz Power Corp.

     96,900         92,491   

Energy Development Corp.

     631,000         80,580   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      61   


Table of Contents

Schedule of Investments (concluded)

WisdomTree Global ex-U.S. Utilities Fund (DBU)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Manila Electric Co.

     23,610       $ 165,621   
     

 

 

 
Total Philippines               338,692   
Poland – 3.4%      

Energa S.A.

     32,269         113,664   

PGE Polska Grupa Energetyczna S.A.

     74,287         279,033   

Tauron Polska Energia S.A.

     163,600         132,308   
     

 

 

 
Total Poland               525,005   
Portugal – 1.4%      

EDP-Energias de Portugal S.A.

     59,684         212,608   
Russia – 0.2%      

RusHydro PJSC ADR

     26,850         26,984   
Singapore – 0.4%      

Keppel Infrastructure Trust

     174,900         64,292   
South Korea – 0.6%      

Korea Electric Power Corp.

     1,235         65,011   

Korea Gas Corp.

     929         31,154   
     

 

 

 
Total South Korea               96,165   
Spain – 7.3%      

EDP Renovaveis S.A.

     4,756         36,366   

Enagas S.A.

     8,362         251,707   

Endesa S.A.

     9,000         173,018   

Gas Natural SDG S.A.

     11,677         236,457   

Iberdrola S.A.

     31,788         212,309   

Red Electrica Corp. S.A.

     2,248         195,458   
     

 

 

 
Total Spain               1,105,315   
Thailand – 1.0%      

Electricity Generating PCL NVDR

     14,546         73,805   

Glow Energy PCL

     28,500         74,531   
     

 

 

 
Total Thailand               148,336   
United Kingdom – 11.5%      

Centrica PLC

     76,935         251,788   

Drax Group PLC(a)

     63,403         247,962   

National Grid PLC

     17,641         250,309   

Pennon Group PLC

     17,378         202,567   

Severn Trent PLC

     6,173         192,798   

SSE PLC

     13,540         290,359   

Telecom Plus PLC

     9,166         121,269   

United Utilities Group PLC

     14,984         198,782   
     

 

 

 
Total United Kingdom               1,755,834   

TOTAL COMMON STOCKS

(Cost: $18,033,621)

              15,052,604   
EXCHANGE-TRADED FUNDS AND NOTES – 1.0%      
United States – 1.0%      

iPath MSCI India Index ETN*(a)

     2,361         148,247   

WisdomTree Global ex-U.S. Real Estate Fund(a)(b)

     161         4,389   

TOTAL EXCHANGE-TRADED FUNDS AND NOTES

(Cost: $144,301)

              152,636   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 9.4%   
United States – 9.4%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

     
(Cost: $1,443,263)(d)      1,443,263       1,443,263   

TOTAL INVESTMENTS IN SECURITIES – 109.1%

(Cost: $19,621,185)

        16,648,503   

Liabilities in Excess of Cash, Foreign Currency and
Other Assets – (9.1)%

        (1,393,889
     

 

 

 
NET ASSETS – 100.0%             $ 15,254,614   

 

* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Affiliated company (See Note 3).

 

(c) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(d) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $1,784,892 and the total market value of the collateral held by the Fund was $1,902,446. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $459,183.

 

ADR – American Depositary Receipt
ETN – Exchange-Traded Note
NVDR – Non-Voting Depositary Receipt

 

See Notes to Financial Statements.

 

62   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments

WisdomTree Global High Dividend Fund (DEW)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.5%      
Australia – 4.2%      

AGL Energy Ltd.

     3,163       $ 44,770   

Alumina Ltd.(a)

     33,919         33,920   

Amcor Ltd.

     6,078         67,093   

AMP Ltd.

     7,602         33,859   

ASX Ltd.

     1,240         39,519   

Aurizon Holdings Ltd.

     10,505         32,001   

Australia & New Zealand Banking Group Ltd.

     15,026         271,168   

Bank of Queensland Ltd.

     3,563         33,219   

Bendigo & Adelaide Bank Ltd.

     5,745         39,200   

BHP Billiton Ltd.

     12,343         160,083   

Challenger Ltd.

     6,595         42,564   

CIMIC Group Ltd.

     1,686         45,082   

Commonwealth Bank of Australia

     8,390         483,534   

Crown Resorts Ltd.

     2,843         27,250   

Insurance Australia Group Ltd.

     3,090         13,264   

Macquarie Group Ltd.

     2,057         104,577   

National Australia Bank Ltd.

     13,244         267,332   

Origin Energy Ltd.

     12,783         50,052   

Rio Tinto Ltd.

     1,862         61,147   

Santos Ltd.

     7,323         22,702   

Sonic Healthcare Ltd.

     2,410         34,816   

Suncorp Group Ltd.

     6,704         61,420   

Tabcorp Holdings Ltd.

     7,136         23,494   

Tatts Group Ltd.

     16,630         48,356   

Telstra Corp., Ltd.

     72,202         296,035   

Wesfarmers Ltd.

     4,420         140,933   

Westpac Banking Corp.

     16,762         391,338   

Woodside Petroleum Ltd.

     6,143         122,674   

Woolworths Ltd.

     4,204         71,470   
     

 

 

 
Total Australia         3,062,872   
Austria – 0.1%      

Oesterreichische Post AG

     659         26,832   

OMV AG

     1,600         45,081   

Vienna Insurance Group AG Wiener Versicherung Gruppe

     236         5,002   
     

 

 

 
Total Austria         76,915   
Belgium – 0.3%      

Ageas

     1,145         45,498   

Cofinimmo S.A.

     272         33,429   

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

     879         43,788   

Euronav N.V.

     2,232         22,868   

Proximus SADP

     1,568         53,667   

Solvay S.A.

     344         34,555   
     

 

 

 
Total Belgium         233,805   
Brazil – 1.3%      

Ambev S.A.

     45,267         240,385   

Banco Bradesco S.A.*

     12,359         104,898   

Banco do Brasil S.A.

     12,149         67,773   

Banco Santander Brasil S.A.

     27,146         129,832   

BB Seguridade Participacoes S.A.

     2,653         22,233   

BM&FBovespa S.A. – Bolsa de Valores Mercadorias e Futuros

     13,905       $ 60,344   

CETIP S.A. – Mercados Organizados

     6,244         70,738   

Itau Unibanco Holding S.A.

     5,353         40,344   

Natura Cosmeticos S.A.

     5,815         43,547   

Porto Seguro S.A.

     1,485         11,414   

Tractebel Energia S.A.

     6,788         70,255   

Vale S.A.

     14,259         60,955   
     

 

 

 
Total Brazil         922,718   
Canada – 3.4%      

Agrium, Inc.(a)

     594         52,661   

AltaGas Ltd.(a)

     1,426         36,823   

Bank of Montreal

     2,770         168,905   

Bank of Nova Scotia (The)

     4,205         206,341   

BCE, Inc.

     3,882         177,645   

Canadian Imperial Bank of Commerce

     1,886         141,466   

Canadian Natural Resources Ltd.

     3,462         94,028   

Cenovus Energy, Inc.

     1,535         20,056   

CI Financial Corp.(a)

     1,788         39,673   

Crescent Point Energy Corp.(a)

     2,139         29,734   

Emera, Inc.

     940         34,549   

Enbridge, Inc.

     2,851         111,443   

Encana Corp.

     4,073         24,940   

Finning International, Inc.

     1,222         18,017   

Goldcorp, Inc.

     3,666         59,718   

Great-West Lifeco, Inc.

     3,315         91,598   

Keyera Corp.

     1,090         33,219   

National Bank of Canada

     1,057         34,723   

Pembina Pipeline Corp.(a)

     1,565         42,481   

Peyto Exploration & Development Corp.(a)

     1,090         24,346   

Potash Corp. of Saskatchewan, Inc.

     4,590         78,461   

Power Corp. of Canada

     1,804         41,786   

Power Financial Corp.(a)

     2,430         61,001   

RioCan Real Estate Investment Trust

     2,378         48,904   

Rogers Communications, Inc. Class B

     1,771         71,199   

Royal Bank of Canada

     5,220         301,993   

Shaw Communications, Inc. Class B(a)

     1,688         32,743   

Teck Resources Ltd. Class B(a)

     5,457         41,557   

TELUS Corp.

     2,073         67,762   

Toronto-Dominion Bank (The)

     5,896         255,541   

TransCanada Corp.(a)

     2,293         90,518   
     

 

 

 
Total Canada         2,533,831   
Chile – 0.2%      

AES Gener S.A.

     17,745         8,982   

Banco de Chile

     750,895         80,876   

Banco Santander Chile

     1,379,789         67,188   
     

 

 

 
Total Chile         157,046   
China – 3.3%      

Agricultural Bank of China Ltd. Class H

     161,074         57,938   

Bank of China Ltd. Class H

     424,366         176,168   

Bank of Communications Co., Ltd. Class H

     156,125         102,654   

Belle International Holdings Ltd.

     73,000         42,257   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      63   


Table of Contents

Schedule of Investments (continued)

WisdomTree Global High Dividend Fund (DEW)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

China Construction Bank Corp. Class H

     1,277,536       $ 815,286   

China Everbright Bank Co., Ltd. Class H

     67,000         32,565   

China Hongqiao Group Ltd.(a)

     48,500         33,702   

China Jinmao Holdings Group Ltd.

     105,447         29,364   

China Merchants Bank Co., Ltd. Class H

     25,027         52,593   

China Petroleum & Chemical Corp. Class H

     110,000         72,184   

China Power International Development Ltd.

     31,224         16,183   

China Resources Power Holdings Co., Ltd.

     21,575         40,332   

China Shenhua Energy Co., Ltd. Class H

     9,500         14,942   

China Vanke Co., Ltd. Class H

     6,800         16,674   

China Zhongwang Holdings Ltd.(a)

     50,000         24,689   

CNOOC Ltd.

     187,415         221,325   

Country Garden Holdings Co., Ltd.

     181,000         71,872   

Evergrande Real Estate Group Ltd.(a)

     135,000         104,254   

Great Wall Motor Co., Ltd. Class H

     8,597         6,983   

Huaneng Power International, Inc. Class H

     30,137         26,964   

Industrial & Commercial Bank of China Ltd. Class H

     447,000         250,109   

Kunlun Energy Co., Ltd.

     20,000         17,379   

Lenovo Group Ltd.

     38,000         29,590   

PetroChina Co., Ltd. Class H

     36,000         23,949   

Shenzhen Investment Ltd.

     48,000         19,060   

Shimao Property Holdings Ltd.

     27,000         39,961   

Sino-Ocean Land Holdings Ltd.

     44,775         21,185   

Yangzijiang Shipbuilding Holdings Ltd.

     52,200         37,989   
     

 

 

 
Total China         2,398,151   
Czech Republic – 0.1%      

CEZ AS

     1,771         31,285   

Komercni Banka AS

     253         55,959   

O2 Czech Republic AS

     1,520         16,041   
     

 

 

 
Total Czech Republic         103,285   
Denmark – 0.1%      

TDC A/S

     2,693         13,201   

Tryg A/S

     1,442         28,033   
     

 

 

 
Total Denmark         41,234   
Finland – 0.6%      

Elisa Oyj(a)

     1,850         72,036   

Fortum Oyj(a)

     2,090         31,700   

Kesko Oyj Class B

     710         31,400   

Kone Oyj Class B

     968         46,727   

Metso Oyj(a)

     812         19,404   

Nokian Renkaat Oyj(a)

     684         24,179   

Sampo Oyj Class A

     2,776         132,040   

Stora Enso Oyj Class R

     4,132         37,033   

UPM-Kymmene Oyj

     2,866         51,994   
     

 

 

 
Total Finland         446,513   
France – 3.0%      

AXA S.A.

     10,253         241,738   

Bouygues S.A.

     1,516         61,933   

CNP Assurances

     2,414         37,701   

Electricite de France S.A.

     9,733         109,404   

Engie S.A.

     10,923         169,781   

Eutelsat Communications S.A.

     915       $ 29,602   

ICADE

     476         36,516   

Lagardere SCA

     984         26,183   

Metropole Television S.A.

     1,386         25,310   

Natixis S.A.

     10,292         50,748   

Orange S.A.

     12,796         224,485   

Rexel S.A.

     2,013         28,800   

Schneider Electric SE

     1,902         120,379   

SCOR SE

     1,566         55,678   

Suez Environnement Co.

     1,389         25,515   

Technip S.A.

     660         36,635   

TOTAL S.A.

     12,384         565,335   

Unibail-Rodamco SE

     451         124,270   

Vivendi S.A.

     9,696         204,187   
     

 

 

 
Total France         2,174,200   
Germany – 2.6%      

Aareal Bank AG

     799         25,931   

Allianz SE Registered Shares

     1,708         278,231   

BASF SE

     3,083         232,927   

Bayerische Motoren Werke AG

     2,161         198,729   

Daimler AG Registered Shares

     4,011         307,931   

E.ON SE

     7,683         73,876   

Freenet AG

     1,126         33,734   

METRO AG

     1,098         34,071   

Muenchener Rueckversicherungs – Gesellschaft AG Registered Shares

     797         162,345   

ProSiebenSat.1 Media SE

     522         26,878   

Siemens AG Registered Shares

     3,383         359,102   

Telefonica Deutschland Holding AG

     8,178         44,369   

Volkswagen AG

     1,093         158,867   
     

 

 

 
Total Germany         1,936,991   
Hong Kong – 1.1%      

Bank of East Asia Ltd. (The)(a)

     9,600         35,892   

BOC Hong Kong Holdings Ltd.

     45,500         135,798   

Cathay Pacific Airways Ltd.

     16,000         27,682   

CLP Holdings Ltd.

     8,500         76,874   

CP Pokphand Co., Ltd.

     106,000         11,069   

Hang Lung Properties Ltd.

     13,472         25,740   

Hang Seng Bank Ltd.

     6,700         118,425   

Hopewell Holdings Ltd.

     8,500         27,451   

Hysan Development Co., Ltd.

     6,000         25,566   

New World Development Co., Ltd.

     53,423         50,898   

PCCW Ltd.

     14,000         9,061   

Power Assets Holdings Ltd.

     7,000         71,611   

Sino Land Co., Ltd.

     36,000         56,995   

SJM Holdings Ltd.

     59,000         42,140   

Swire Pacific Ltd. Class A

     6,500         69,973   

Wharf Holdings Ltd. (The)

     6,519         35,635   
     

 

 

 
Total Hong Kong         820,810   
Hungary – 0.1%      

MOL Hungarian Oil & Gas PLC

     1,120         67,394   

 

See Notes to Financial Statements.

 

64   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree Global High Dividend Fund (DEW)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Indonesia – 0.2%      

Astra International Tbk PT

     115,700       $ 63,260   

Indofood Sukses Makmur Tbk PT

     34,200         18,635   

Perusahaan Gas Negara Persero Tbk

     115,000         22,679   

Semen Indonesia Persero Tbk PT

     19,800         15,193   

United Tractors Tbk PT

     16,100         18,577   
     

 

 

 
Total Indonesia         138,344   
Israel – 0.1%      

Bezeq Israeli Telecommunication Corp., Ltd.

     23,275         52,468   

Israel Chemicals Ltd.

     5,375         23,376   
     

 

 

 
Total Israel         75,844   
Italy – 1.0%      

Assicurazioni Generali SpA

     3,590         53,306   

Banca Mediolanum SpA

     3,390         27,080   

Enel SpA

     34,751         154,363   

Eni SpA

     17,623         267,095   

Hera SpA

     12,406         37,124   

Snam SpA

     18,967         118,984   

Terna Rete Elettrica Nazionale SpA

     9,660         55,205   

UnipolSai SpA

     15,299         35,461   
     

 

 

 
Total Italy         748,618   
Japan – 2.4%      

Aozora Bank Ltd.(a)

     14,331         50,110   

Canon, Inc.

     2,300         68,655   

Daiwa Securities Group, Inc.

     12,601         77,616   

FANUC Corp.

     1,400         217,794   

Hino Motors Ltd.

     1,700         18,407   

ITOCHU Corp.

     8,342         102,870   

JFE Holdings, Inc.

     2,600         35,069   

JX Holdings, Inc.(a)

     15,100         58,280   

Marubeni Corp.(a)

     5,469         27,736   

Mitsui & Co., Ltd.

     5,458         62,886   

Nomura Holdings, Inc.

     15,900         71,143   

NTT DOCOMO, Inc.

     12,500         283,876   

Resona Holdings, Inc.

     14,100         50,381   

Seiko Epson Corp.

     1,700         27,498   

Sumitomo Corp.

     5,286         52,604   

Tokyo Electron Ltd.

     700         45,689   

Toyota Motor Corp.

     10,200         540,152   
     

 

 

 
Total Japan         1,790,766   
Malaysia – 0.4%      

AMMB Holdings Bhd

     39,300         46,336   

Axiata Group Bhd

     6,201         9,361   

British American Tobacco Malaysia Bhd

     1,700         23,547   

DiGi.Com Bhd

     60,900         77,110   

HAP Seng Consolidated Bhd

     27,300         52,690   

Malayan Banking Bhd

     19,000         43,927   

Maxis Bhd

     27,200         44,270   

YTL Power International Bhd

     30,651         11,627   
     

 

 

 
Total Malaysia         308,868   
Mexico – 0.3%      

Grupo Financiero Santander Mexico S.A.B. de C.V. Class B

     17,109       $ 31,297   

Kimberly-Clark de Mexico S.A.B. de C.V. Class A

     5,001         12,131   

Wal-Mart de Mexico S.A.B. de C.V. Series V

     58,800         140,672   
     

 

 

 
Total Mexico         184,100   
Netherlands – 0.2%      

Aegon N.V.

     5,074         27,951   

Koninklijke Philips N.V.

     2,212         63,105   

NN Group N.V.

     1,235         40,468   
     

 

 

 
Total Netherlands         131,524   
New Zealand – 0.2%      

Fletcher Building Ltd.

     3,156         17,289   

Meridian Energy Ltd.

     13,014         23,673   

Mighty River Power Ltd.

     10,841         21,978   

Spark New Zealand Ltd.

     20,350         51,571   
     

 

 

 
Total New Zealand         114,511   
Norway – 0.5%      

Gjensidige Forsikring ASA

     1,893         32,293   

Marine Harvest ASA*

     3,784         58,330   

Norsk Hydro ASA

     8,001         32,957   

Orkla ASA

     5,796         52,520   

Statoil ASA

     11,654         183,590   

Yara International ASA

     1,052         39,606   
     

 

 

 
Total Norway         399,296   
Philippines – 0.1%      

Aboitiz Power Corp.

     31,500         30,067   

DMCI Holdings, Inc.

     53,500         15,570   

Energy Development Corp.

     116,900         14,928   

Philippine Long Distance Telephone Co.

     770         33,111   
     

 

 

 
Total Philippines         93,676   
Poland – 0.2%      

Bank Handlowy w Warszawie S.A.

     1,560         37,932   

Bank Pekao S.A.

     895         39,605   

PGE Polska Grupa Energetyczna S.A.

     4,636         17,414   

Powszechny Zaklad Ubezpieczen S.A.

     4,502         43,062   
     

 

 

 
Total Poland         138,013   
Portugal – 0.1%      

EDP-Energias de Portugal S.A.

     15,694         55,906   

Galp Energia, SGPS, S.A.

     2,663         33,532   

Portucel S.A.

     4,746         17,307   
     

 

 

 
Total Portugal         106,745   
Russia – 0.9%      

Gazprom Neft PAO ADR

     4,304         47,990   

Gazprom PAO ADR

     18,449         79,570   

Lukoil PJSC ADR

     4,073         156,464   

MMC Norilsk Nickel PJSC ADR

     12,733         164,383   

Mobile TeleSystems PJSC ADR

     10,031         81,151   

Novolipetsk Steel GDR Reg S

     4,362         54,525   

Rostelecom PJSC ADR

     3,667         32,563   

Severstal PAO GDR Reg S

     5,690         60,200   
     

 

 

 
Total Russia         676,846   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      65   


Table of Contents

Schedule of Investments (continued)

WisdomTree Global High Dividend Fund (DEW)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Singapore – 0.9%      

DBS Group Holdings Ltd.

     7,600       $ 86,802   

Frasers Centrepoint Ltd.

     27,100         32,803   

Hutchison Port Holdings Trust

     68,300         34,150   

Jardine Cycle & Carriage Ltd.

     1,700         50,536   

Keppel Corp., Ltd.(a)

     4,100         17,751   

Olam International Ltd.

     13,600         17,371   

Oversea-Chinese Banking Corp., Ltd.

     18,603         122,123   

SATS Ltd.

     6,820         20,005   

Singapore Telecommunications Ltd.

     74,300         210,772   

StarHub Ltd.

     9,900         24,629   

United Overseas Bank Ltd.

     2,129         29,834   
     

 

 

 
Total Singapore         646,776   
South Africa – 0.7%      

Barclays Africa Group Ltd.(a)

     2,947         29,973   

FirstRand Ltd.(a)

     18,649         61,331   

Foschini Group Ltd. (The)

     2,258         21,714   

Hyprop Investments Ltd.

     3,753         30,026   

Imperial Holdings Ltd.

     1,728         17,670   

MMI Holdings Ltd.(a)

     12,081         20,453   

MTN Group Ltd.(a)

     7,032         64,640   

Nedbank Group Ltd.(a)

     2,637         34,827   

RMB Holdings Ltd.(a)

     6,275         26,136   

Sanlam Ltd.

     10,152         47,274   

Sasol Ltd.

     2,173         65,234   

Standard Bank Group Ltd.

     1,526         13,745   

Telkom S.A. SOC Ltd.

     3,342         13,081   

Truworths International Ltd.(a)

     3,543         23,660   

Vodacom Group Ltd.

     6,629         72,352   
     

 

 

 
Total South Africa         542,116   
South Korea – 0.2%      

POSCO

     306         58,733   

SK Telecom Co., Ltd.

     377         68,734   

Woori Bank

     4,721         39,053   
     

 

 

 
Total South Korea         166,520   
Spain – 2.3%      

Abertis Infraestructuras S.A.

     5,303         87,322   

Acerinox S.A.

     2,809         32,586   

ACS Actividades de Construccion y Servicios S.A.

     1,483         44,260   

Banco Bilbao Vizcaya Argentaria S.A.

     13,756         91,577   

Banco Santander S.A.

     101,860         449,673   

CaixaBank S.A.

     16,743         49,550   

Enagas S.A.

     1,534         46,175   

Endesa S.A.

     4,696         90,277   

Gas Natural SDG S.A.

     4,584         92,825   

Iberdrola S.A.

     29,317         195,805   

Mapfre S.A.

     11,802         25,540   

Red Electrica Corp. S.A.

     736         63,994   

Repsol S.A.

     6,628         74,925   

Tecnicas Reunidas S.A.(a)

     362         10,199   

Telefonica S.A.

     27,420         307,840   
     

 

 

 
Total Spain         1,662,548   
Sweden – 1.3%      

Castellum AB

     1,579       $ 25,146   

Nordea Bank AB

     23,199         223,213   

Skandinaviska Enskilda Banken AB Class A

     10,874         104,023   

Skanska AB Class B

     3,025         69,144   

SKF AB Class B(a)

     1,505         27,216   

Svenska Handelsbanken AB Class A

     6,600         84,101   

Swedbank AB Class A

     6,144         132,555   

Telefonaktiebolaget LM Ericsson Class B

     11,002         110,336   

TeliaSonera AB

     20,746         107,918   

Volvo AB Class B

     5,374         59,065   
     

 

 

 
Total Sweden         942,717   
Switzerland – 1.6%      

ABB Ltd. Registered Shares*

     7,213         141,149   

Baloise Holding AG Registered Shares

     632         80,646   

Helvetia Holding AG Registered Shares

     72         41,351   

Kuehne + Nagel International AG Registered Shares

     521         74,370   

Logitech International S.A. Registered Shares

     1,982         31,666   

SGS S.A. Registered Shares

     17         36,072   

STMicroelectronics N.V.

     4,336         24,073   

Sulzer AG Registered Shares

     329         32,809   

Swiss Re AG

     3,130         290,562   

Swisscom AG Registered Shares

     270         147,314   

Syngenta AG Registered Shares

     306         127,813   

Zurich Insurance Group AG*

     732         170,684   
     

 

 

 
Total Switzerland         1,198,509   
Taiwan – 1.7%      

Advanced Semiconductor Engineering, Inc.

     33,108         38,525   

Asia Cement Corp.

     15,514         14,172   

Asustek Computer, Inc.

     5,486         49,262   

AU Optronics Corp.

     86,000         25,839   

Cathay Financial Holding Co., Ltd.

     47,000         56,297   

Cheng Shin Rubber Industry Co., Ltd.

     8,197         16,479   

China Development Financial Holding Corp.

     125,000         33,402   

China Steel Corp.

     71,000         49,416   

Chunghwa Telecom Co., Ltd.

     26,000         88,460   

Compal Electronics, Inc.

     19,000         11,925   

CTBC Financial Holding Co., Ltd.

     81,000         42,785   

Delta Electronics, Inc.

     10,525         46,438   

Far Eastern New Century Corp.

     15,994         13,070   

First Financial Holding Co., Ltd.

     63,000         31,124   

Fubon Financial Holding Co., Ltd.

     63,195         80,506   

Hon Hai Precision Industry Co., Ltd.

     55,000         144,917   

Innolux Corp.

     99,000         34,606   

MediaTek, Inc.

     14,389         110,430   

Mega Financial Holding Co., Ltd.

     84,941         60,438   

Nan Ya Plastics Corp.

     19,000         39,908   

Nanya Technology Corp.

     17,686         21,954   

Pegatron Corp.

     16,680         38,922   

Quanta Computer, Inc.

     19,210         33,545   

Siliconware Precision Industries Co., Ltd.

     18,000         29,083   

SinoPac Financial Holdings Co., Ltd.

     72,000         22,259   

 

See Notes to Financial Statements.

 

66   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree Global High Dividend Fund (DEW)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Taiwan Mobile Co., Ltd.

     16,800       $ 54,549   

United Microelectronics Corp.

     74,000         30,580   

Yuanta Financial Holding Co., Ltd.

     89,000         31,801   
     

 

 

 
Total Taiwan         1,250,692   
Thailand – 0.5%      

Advanced Info Service PCL

     12,641         65,397   

Charoen Pokphand Foods PCL NVDR

     33,000         22,888   

Glow Energy PCL NVDR

     6,300         16,475   

Intouch Holdings PCL NVDR

     13,071         23,686   

Krung Thai Bank PCL NVDR

     28,600         15,202   

Land & Houses PCL NVDR

     119,400         30,376   

PTT Exploration & Production PCL NVDR

     17,900         35,744   

PTT Global Chemical PCL NVDR

     11,936         20,527   

PTT PCL NVDR

     5,300         42,183   

Siam Commercial Bank PCL (The) NVDR

     19,100         76,552   

Total Access Communication PCL NVDR

     20,000         23,451   
     

 

 

 
Total Thailand         372,481   
Turkey – 0.2%      

Emlak Konut Gayrimenkul Yatirim Ortakligi AS

     32,200         32,821   

Eregli Demir ve Celik Fabrikalari TAS

     4,849         7,302   

Turk Telekomunikasyon AS

     31,476         74,674   
     

 

 

 
Total Turkey         114,797   
United Kingdom – 9.1%      

Admiral Group PLC

     780         22,231   

AstraZeneca PLC

     5,466         306,591   

Aviva PLC

     13,073         85,700   

BAE Systems PLC

     18,348         134,231   

Berkeley Group Holdings PLC

     1,206         55,780   

BHP Billiton PLC

     10,092         113,547   

BP PLC

     135,533         682,098   

British American Tobacco PLC

     7,765         456,470   

Cable & Wireless Communications PLC

     29,493         32,662   

Centrica PLC

     14,724         48,188   

Cobham PLC

     3,809         11,886   

Diageo PLC

     8,326         225,158   

Direct Line Insurance Group PLC

     3,969         21,119   

GlaxoSmithKline PLC

     31,215         633,498   

HSBC Holdings PLC

     123,332         769,153   

ICAP PLC

     5,988         40,864   

IG Group Holdings PLC

     3,159         36,323   

Imperial Brands PLC

     4,315         239,581   

Inmarsat PLC

     3,597         50,898   

Intu Properties PLC(a)

     4,711         21,194   

J Sainsbury PLC(a)

     13,380         53,136   

Legal & General Group PLC

     30,844         104,269   

Man Group PLC

     14,452         31,677   

Marks & Spencer Group PLC

     7,547         44,062   

National Grid PLC

     19,634         278,587   

Next PLC

     615         47,733   

Old Mutual PLC

     20,835         57,826   

Pearson PLC

     3,241         40,760   

Pennon Group PLC

     2,159         25,166   

Rexam PLC

     3,236       $ 29,488   

Rio Tinto PLC

     9,234         259,535   

Royal Dutch Shell PLC Class A

     23,685         573,275   

Royal Mail PLC

     5,983         41,337   

Segro PLC

     8,760         51,660   

Severn Trent PLC

     1,472         45,974   

SSE PLC

     5,877         126,029   

Standard Life PLC

     10,222         52,319   

TalkTalk Telecom Group PLC

     4,039         13,764   

Tate & Lyle PLC

     1,800         14,954   

Taylor Wimpey PLC

     21,161         57,879   

Unilever PLC

     4,525         205,032   

United Utilities Group PLC

     4,599         61,012   

Vodafone Group PLC

     124,124         394,628   

Weir Group PLC (The)

     1,134         18,059   

WM Morrison Supermarkets PLC(a)

     14,057         40,146   
     

 

 

 
Total United Kingdom         6,655,479   
United States – 54.0%      

AbbVie, Inc.

     9,924         566,859   

AES Corp.

     5,283         62,339   

AGL Resources, Inc.

     1,042         67,876   

Alliant Energy Corp.

     693         51,476   

Altria Group, Inc.

     13,081         819,655   

Ameren Corp.

     1,968         98,597   

American Campus Communities, Inc.

     284         13,374   

American Eagle Outfitters, Inc.

     1,659         27,656   

American Electric Power Co., Inc.

     3,413         226,623   

AT&T, Inc.

     55,372         2,168,921   

Baxter International, Inc.

     4,992         205,071   

Brandywine Realty Trust

     2,651         37,194   

CA, Inc.

     2,465         75,897   

Camden Property Trust

     712         59,873   

Caterpillar, Inc.

     4,418         338,154   

CBL & Associates Properties, Inc.

     3,440         40,936   

CenterPoint Energy, Inc.

     4,183         87,508   

CenturyLink, Inc.

     9,072         289,941   

Chevron Corp.

     16,654         1,588,792   

Cincinnati Financial Corp.

     884         57,778   

Cisco Systems, Inc.

     26,352         750,241   

CME Group, Inc.

     2,811         269,997   

CMS Energy Corp.

     1,379         58,525   

Coach, Inc.

     2,374         95,174   

Coca-Cola Co. (The)

     23,754         1,101,948   

Columbia Property Trust, Inc.

     1,205         26,498   

Compass Minerals International, Inc.

     377         26,714   

ConocoPhillips

     11,924         480,179   

Consolidated Edison, Inc.

     2,148         164,580   

Corrections Corp. of America

     1,799         57,658   

Crown Castle International Corp.

     2,633         227,754   

Cullen/Frost Bankers, Inc.(a)

     574         31,633   

Cummins, Inc.

     982         107,961   

CVR Energy, Inc.

     905         23,621   

Darden Restaurants, Inc.

     855         56,687   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      67   


Table of Contents

Schedule of Investments (continued)

WisdomTree Global High Dividend Fund (DEW)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

DCT Industrial Trust, Inc.

     570       $ 22,498   

DDR Corp.

     2,714         48,282   

Deere & Co.

     1,786         137,504   

DiamondRock Hospitality Co.

     2,478         25,077   

Digital Realty Trust, Inc.

     1,062         93,976   

Dominion Resources, Inc.

     3,552         266,826   

Dow Chemical Co. (The)

     7,418         377,279   

DTE Energy Co.

     1,069         96,916   

Duke Energy Corp.

     5,610         452,615   

Duke Realty Corp.

     1,557         35,095   

E.I. du Pont de Nemours & Co.

     5,097         322,742   

Emerson Electric Co.

     4,837         263,036   

Entergy Corp.

     1,861         147,540   

EPR Properties

     959         63,889   

Eversource Energy

     1,672         97,544   

Exelon Corp.

     6,607         236,927   

Exxon Mobil Corp.

     27,640         2,310,428   

First Niagara Financial Group, Inc.

     3,024         29,272   

FirstEnergy Corp.

     3,646         131,147   

FirstMerit Corp.

     2,220         46,731   

Ford Motor Co.

     27,223         367,510   

Frontier Communications Corp.

     15,739         87,981   

GameStop Corp. Class A(a)

     820         26,019   

Gaming and Leisure Properties, Inc.

     1,517         46,906   

Gap, Inc. (The)

     2,559         75,235   

General Electric Co.

     59,682         1,897,291   

General Mills, Inc.

     3,124         197,905   

General Motors Co.

     12,042         378,480   

Geo Group, Inc. (The)

     1,558         54,016   

Great Plains Energy, Inc.

     1,782         57,470   

Hancock Holding Co.

     1,058         24,292   

Hawaiian Electric Industries, Inc.

     1,188         38,491   

HCP, Inc.

     4,596         149,738   

Helmerich & Payne, Inc.(a)

     1,075         63,124   

Highwoods Properties, Inc.

     904         43,220   

HollyFrontier Corp.

     1,867         65,942   

Hospitality Properties Trust

     1,890         50,198   

Host Hotels & Resorts, Inc.

     6,406         106,980   

Huntsman Corp.

     3,325         44,223   

Intel Corp.

     25,238         816,449   

International Business Machines Corp.

     5,659         857,056   

International Paper Co.

     2,675         109,782   

Iron Mountain, Inc.

     2,414         81,859   

Johnson & Johnson

     15,255         1,650,591   

Kimberly-Clark Corp.

     1,837         247,095   

Kimco Realty Corp.

     3,031         87,232   

Kinder Morgan, Inc.

     21,125         377,292   

KLA-Tencor Corp.

     854         62,180   

Kohl’s Corp.

     1,495         69,682   

Lamar Advertising Co. Class A

     918         56,457   

Las Vegas Sands Corp.

     7,907         408,634   

LaSalle Hotel Properties

     1,021         25,842   

Leidos Holdings, Inc.

     400         20,128   

Liberty Property Trust

     1,698         56,815   

Macerich Co. (The)

     916       $ 72,584   

Marathon Oil Corp.

     5,407         60,234   

Mattel, Inc.

     4,458         149,878   

Maxim Integrated Products, Inc.

     1,531         56,310   

McDonald’s Corp.

     5,821         731,583   

MDU Resources Group, Inc.

     1,495         29,093   

Medical Properties Trust, Inc.

     3,878         50,336   

Merck & Co., Inc.

     18,133         959,417   

MetLife, Inc.

     6,303         276,954   

Microchip Technology, Inc.

     997         48,055   

Mid-America Apartment Communities, Inc.

     449         45,892   

Mosaic Co. (The)

     2,057         55,539   

Murphy Oil Corp.

     2,871         72,320   

National Oilwell Varco, Inc.

     3,986         123,965   

National Retail Properties, Inc.

     1,053         48,649   

Navient Corp.

     6,066         72,610   

New York Community Bancorp, Inc.

     4,861         77,290   

NiSource, Inc.

     3,776         88,963   

Norfolk Southern Corp.

     1,550         129,037   

NRG Energy, Inc.

     2,272         29,559   

Nu Skin Enterprises, Inc. Class A(a)

     523         20,005   

Nucor Corp.

     2,095         99,093   

Occidental Petroleum Corp.

     5,965         408,185   

OGE Energy Corp.

     1,271         36,389   

Old Republic International Corp.

     2,849         52,080   

Omega Healthcare Investors, Inc.

     1,485         52,421   

Omnicom Group, Inc.

     1,065         88,640   

ONEOK, Inc.

     2,568         76,680   

Outfront Media, Inc.

     1,745         36,820   

PACCAR, Inc.

     2,101         114,904   

Packaging Corp. of America

     495         29,898   

PacWest Bancorp

     1,028         38,190   

Paychex, Inc.

     2,190         118,282   

PBF Energy, Inc. Class A

     1,192         39,574   

People’s United Financial, Inc.

     3,883         61,856   

Pfizer, Inc.

     37,285         1,105,127   

PG&E Corp.

     3,015         180,056   

Philip Morris International, Inc.

     13,200         1,295,052   

Piedmont Natural Gas Co., Inc.

     794         47,505   

Piedmont Office Realty Trust, Inc. Class A

     2,060         41,839   

Pinnacle West Capital Corp.

     938         70,416   

Pitney Bowes, Inc.

     1,744         37,566   

PPL Corp.

     5,457         207,748   

Principal Financial Group, Inc.

     1,235         48,721   

Procter & Gamble Co. (The)

     17,122         1,409,312   

Prologis, Inc.

     3,500         154,630   

Prudential Financial, Inc.

     2,511         181,344   

Public Service Enterprise Group, Inc.

     3,479         164,000   

QUALCOMM, Inc.

     9,063         463,482   

Questar Corp.

     1,617         40,102   

R.R. Donnelley & Sons Co.

     3,226         52,906   

Rayonier, Inc.

     1,294         31,936   

Realty Income Corp.

     1,697         106,079   

RLJ Lodging Trust

     2,106         48,185   

 

See Notes to Financial Statements.

 

68   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (concluded)

WisdomTree Global High Dividend Fund (DEW)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

SCANA Corp.

     1,185       $ 83,128   

Senior Housing Properties Trust

     4,026         72,025   

Simon Property Group, Inc.

     1,477         306,758   

Six Flags Entertainment Corp.

     523         29,021   

Southern Co. (The)

     7,665         396,510   

Spectra Energy Corp.

     6,646         203,368   

Spirit Realty Capital, Inc.

     5,473         61,571   

Staples, Inc.

     5,396         59,518   

Steel Dynamics, Inc.

     1,757         39,550   

Sunstone Hotel Investors, Inc.

     1,247         17,458   

Symantec Corp.

     3,087         56,739   

Sysco Corp.

     3,341         156,125   

Targa Resources Corp.

     1,523         45,477   

Taubman Centers, Inc.

     306         21,796   

TECO Energy, Inc.

     2,702         74,386   

TEGNA, Inc.

     1,534         35,988   

Time, Inc.

     1,635         25,244   

Timken Co. (The)

     988         33,088   

Tupperware Brands Corp.

     595         34,498   

UDR, Inc.

     1,088         41,921   

Umpqua Holdings Corp.

     2,600         41,236   

Vector Group Ltd.

     1,521         34,740   

Ventas, Inc.

     2,815         177,232   

Verizon Communications, Inc.

     36,631         1,981,004   

Viacom, Inc. Class B

     1,993         82,271   

W.P. Carey, Inc.

     935         58,194   

Waddell & Reed Financial, Inc. Class A

     1,397         32,885   

Waste Management, Inc.

     2,161         127,499   

Weingarten Realty Investors

     645         24,200   

Welltower, Inc.

     2,917         202,265   

Westar Energy, Inc.

     1,059         52,537   

Western Union Co. (The)

     2,367         45,659   

Weyerhaeuser Co.

     5,563         172,342   

WGL Holdings, Inc.

     414         29,961   

Williams Cos., Inc. (The)

     8,239         132,401   

WP GLIMCHER, Inc.

     4,271         40,532   

Wynn Resorts Ltd.(a)

     1,288         120,338   

Xcel Energy, Inc.

     3,076         128,638   
     

 

 

 
Total United States               39,686,523   

TOTAL COMMON STOCKS

(Cost: $74,242,278)

              73,122,074   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.6%   
United States – 1.6%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(b)

     
(Cost: $1,172,860)(c)      1,172,860         1,172,860   

TOTAL INVESTMENTS IN SECURITIES – 101.1%

(Cost: $75,415,138)

        74,294,934   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (1.1)%

        (783,606
     

 

 

 
NET ASSETS – 100.0%             $ 73,511,328   

 

* Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(c) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $1,444,274 and the total market value of the collateral held by the Fund was $1,532,022. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $359,162.

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.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS  
Settlement
Date
  Contracts
To Deliver
    In
Exchange For
    Unrealized
Gain (Loss)
 

4/1/2016

    GBP        24,105        CAD        45,297      $ 375   
CURRENCY LEGEND                

CAD – Canadian dollar

GBP – British pound

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      69   


Table of Contents

Schedule of Investments

WisdomTree Global Natural Resources Fund (GNAT)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.5%      
Australia – 7.1%      

BHP Billiton Ltd.

     20,765       $ 269,313   

Fortescue Metals Group Ltd.(a)

     79,011         154,987   

Rio Tinto Ltd.

     7,362         241,762   

Woodside Petroleum Ltd.

     20,584         411,057   
     

 

 

 
Total Australia         1,077,119   
Brazil – 2.3%      

Vale S.A.

     82,608         353,135   
Canada – 9.6%      

Agrium, Inc.(a)

     1,840         163,124   

Cameco Corp.(a)

     8,162         105,192   

Canadian Natural Resources Ltd.

     6,870         186,589   

First Quantum Minerals Ltd.

     11,478         60,698   

Imperial Oil Ltd.

     1,889         63,368   

Potash Corp. of Saskatchewan, Inc.

     15,956         272,749   

Suncor Energy, Inc.

     5,294         148,041   

Teck Resources Ltd. Class B(a)

     61,556         468,767   
     

 

 

 
Total Canada         1,468,528   
China – 7.0%      

China Petroleum & Chemical Corp. Class H

     350,600         230,071   

China Shenhua Energy Co., Ltd. Class H

     202,700         318,820   

CNOOC Ltd.

     289,018         341,312   

Kunlun Energy Co., Ltd.

     208,000         180,740   
     

 

 

 
Total China         1,070,943   
France – 3.1%      

Technip S.A.

     3,887         215,758   

TOTAL S.A.

     5,552         253,451   
     

 

 

 
Total France         469,209   
Germany – 1.2%      

Aurubis AG

     1,273         63,437   

K+S AG Registered Shares

     4,963         116,307   
     

 

 

 
Total Germany         179,744   
Hong Kong – 0.6%      

CP Pokphand Co., Ltd.

     931,000         97,222   
Israel – 1.4%      

Israel Chemicals Ltd.

     50,173         218,202   
Italy – 1.8%      

Eni SpA

     18,217         276,097   
Japan – 1.9%      

Dowa Holdings Co., Ltd.(a)

     11,000         61,364   

Mitsubishi Materials Corp.

     38,000         107,514   

Sumitomo Metal Mining Co., Ltd.

     12,000         119,311   
     

 

 

 
Total Japan         288,189   
Malaysia – 2.1%      

IOI Corp. Bhd

     92,700         108,584   

Kuala Lumpur Kepong Bhd

     20,900         128,566   

SapuraKencana Petroleum Bhd

     169,500         80,807   
     

 

 

 
Total Malaysia         317,957   
Mexico – 0.9%      

Grupo Mexico S.A.B. de C.V. Series B

     45,857       $ 111,447   

Industrias Penoles S.A.B. de C.V.

     2,282         28,925   
     

 

 

 
Total Mexico         140,372   
Norway – 2.7%      

Statoil ASA

     15,763         248,320   

Yara International ASA

     4,138         155,790   
     

 

 

 
Total Norway         404,110   
Philippines – 0.8%      

Semirara Mining & Power Corp.

     45,090         128,577   
Poland – 1.2%      

KGHM Polska Miedz S.A.

     9,250         189,131   
Russia – 11.4%      

Gazprom PAO ADR

     55,411         238,988   

Lukoil PJSC ADR

     8,421         323,493   

MMC Norilsk Nickel PJSC ADR

     32,106         414,488   

NovaTek OAO GDR Reg S

     915         82,213   

Novolipetsk Steel GDR Reg S

     14,873         185,912   

PhosAgro OAO GDR Reg S

     11,229         158,329   

Rosneft OAO GDR Reg S

     36,709         166,732   

Tatneft PAO ADR

     5,137         163,562   
     

 

 

 
Total Russia         1,733,717   
Singapore – 1.1%      

Wilmar International Ltd.

     69,100         172,416   
South Africa – 1.3%      

Sasol Ltd.

     6,600         198,135   
South Korea – 0.4%      

Korea Zinc Co., Ltd.

     158         66,524   
Spain – 2.9%      

Repsol S.A.

     30,062         339,831   

Tecnicas Reunidas S.A.(a)

     3,581         100,896   
     

 

 

 
Total Spain         440,727   
Sweden – 0.5%      

Boliden AB

     4,426         70,921   
Switzerland – 1.4%      

Syngenta AG Registered Shares

     501         209,262   
Thailand – 2.5%      

PTT Exploration & Production PCL

     59,041         117,897   

PTT Exploration & Production PCL NVDR

     21,300         42,533   

PTT PCL NVDR

     28,500         226,834   
     

 

 

 
Total Thailand               387,264   
United Kingdom – 12.7%      

Amec Foster Wheeler PLC

     25,633         165,790   

BHP Billiton PLC

     23,147         260,431   

BP PLC

     70,100         352,793   

Fresnillo PLC

     2,591         35,471   

John Wood Group PLC

     14,830         131,088   

Rio Tinto PLC

     8,964         251,946   

Royal Dutch Shell PLC Class A

     14,132         342,053   

Royal Dutch Shell PLC Class B

     16,196         395,735   
     

 

 

 
Total United Kingdom               1,935,307   

 

See Notes to Financial Statements.

 

70   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (concluded)

WisdomTree Global Natural Resources Fund (GNAT)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
United States – 20.6%      

Anadarko Petroleum Corp.

     1,283       $ 59,749   

Apache Corp.

     2,676         130,616   

Archer-Daniels-Midland Co.

     2,731         99,163   

Baker Hughes, Inc.

     1,078         47,249   

Cabot Oil & Gas Corp.

     766         17,396   

CF Industries Holdings, Inc.

     2,583         80,951   

Chevron Corp.

     2,889         275,611   

Cimarex Energy Co.

     266         25,874   

Compass Minerals International, Inc.

     1,856         131,516   

ConocoPhillips

     5,313         213,954   

Devon Energy Corp.

     2,946         80,838   

EOG Resources, Inc.

     518         37,596   

EQT Corp.

     124         8,340   

Exxon Mobil Corp.

     2,280         190,585   

FMC Corp.

     2,258         91,155   

Halliburton Co.

     2,438         87,085   

Helmerich & Payne, Inc.(a)

     4,643         272,637   

Hess Corp.

     1,648         86,767   

Ingredion, Inc.

     920         98,247   

Marathon Oil Corp.

     13,544         150,880   

Monsanto Co.

     1,197         105,025   

Mosaic Co. (The)

     4,861         131,247   

National Oilwell Varco, Inc.

     6,156         191,452   

Noble Energy, Inc.

     2,855         89,676   

Occidental Petroleum Corp.

     2,878         196,942   

Oceaneering International, Inc.

     2,947         97,958   

Pioneer Natural Resources Co.

     35         4,926   

Scotts Miracle-Gro Co. (The) Class A

     2,032         147,869   
     

 

 

 
Total United States               3,151,304   

TOTAL COMMON STOCKS

(Cost: $21,944,814)

              15,044,112   
EXCHANGE-TRADED FUNDS AND NOTES – 1.1%      
United States – 1.1%      

iPath MSCI India Index ETN*

     2,662         167,147   

WisdomTree Global High Dividend Fund(b)

     230         9,382   

TOTAL EXCHANGE-TRADED FUNDS AND NOTES

(Cost: $182,404)

              176,529   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 7.4%   
United States – 7.4%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

     
(Cost: $1,133,085)(d)      1,133,085         1,133,085   

TOTAL INVESTMENTS IN SECURITIES – 107.0%

(Cost: $23,260,303)

        16,353,726   

Liabilities in Excess of Cash, Foreign Currency and Other Assets – (7.0)%

        (1,073,851
     

 

 

 
NET ASSETS – 100.0%             $ 15,279,875   
* Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Affiliated company (See Note 3).

 

(c) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(d) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $1,083,365 and the total market value of the collateral held by the Fund was $1,133,085.

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.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS          
Settlement
Date
  Contracts
To Deliver
     In
Exchange For
     Unrealized
Gain (Loss)
 

4/1/2016

    CAD         2,874         USD         2,217       $ (5

4/1/2016

    GBP         2,093         SGD         4,070         15   

4/1/2016

    GBP         8,030         USD         11,554         13   

4/1/2016

    USD         650         MYR         2,536         (1
                                        $ 22   
CURRENCY LEGEND          

 

CAD – Canadian dollar

GBP – British pound

MYR – Malaysian ringgit

SGD – Singapore dollar

USD – U.S. dollar

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      71   


Table of Contents

Schedule of Investments

WisdomTree India Earnings Fund (EPI) (consolidated)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.9%      
India – 99.9%      
Aerospace & Defense – 0.3%      

Bharat Electronics Ltd.

     221,309       $ 4,091,489   
Air Freight & Logistics – 0.0%      

Allcargo Logistics Ltd.

     140,564         324,758   
Auto Components – 1.3%      

Apollo Tyres Ltd.

     1,500,684         3,963,451   

Balkrishna Industries Ltd.

     214,276         2,043,020   

Bharat Forge Ltd.

     303,900         4,006,721   

Bosch Ltd.

     7,753         2,433,346   

Ceat Ltd.

     44,073         723,197   

Exide Industries Ltd.

     739,107         1,555,280   

JK Tyre & Industries Ltd.

     593,355         754,434   

Motherson Sumi Systems Ltd.

     470,796         1,894,274   

Tube Investments of India Ltd.

     222,170         1,298,515   
     

 

 

 
Total Auto Components         18,672,238   
Automobiles – 7.0%      

Bajaj Auto Ltd.

     245,396         8,915,558   

Hero MotoCorp Ltd.

     290,671         12,929,587   

Mahindra & Mahindra Ltd.

     976,310         17,849,198   

Tata Motors Ltd.*

     10,817,790         63,153,122   

TVS Motor Co., Ltd.

     220,457         1,074,612   
     

 

 

 
Total Automobiles         103,922,077   
Banks – 11.6%      

Allahabad Bank

     878,714         727,811   

Andhra Bank

     1,878,818         1,482,400   

Axis Bank Ltd.

     5,276,391         35,388,411   

Bank of Baroda

     2,686,226         5,962,856   

Bank of India

     1,544,457         2,263,423   

Canara Bank

     1,504,831         4,318,670   

Central Bank of India

     594,776         666,875   

City Union Bank Ltd.

     768,033         1,099,468   

DCB Bank Ltd.*

     618,944         740,705   

Federal Bank Ltd.

     5,371,920         3,767,990   

ICICI Bank Ltd.

     13,635,814         48,728,384   

IDBI Bank Ltd.

     2,640,312         2,767,000   

Indian Bank

     959,925         1,506,077   

IndusInd Bank Ltd.

     683,376         9,985,045   

Jammu & Kashmir Bank Ltd. (The)

     758,365         692,832   

Karnataka Bank Ltd. (The)

     1,347,469         2,088,681   

Karur Vysya Bank Ltd. (The)

     309,418         2,040,904   

Lakshmi Vilas Bank Ltd. (The)

     321,261         393,678   

Oriental Bank of Commerce

     275,671         381,521   

South Indian Bank Ltd. (The)

     7,337,667         1,955,677   

State Bank of India

     8,860,326         25,989,933   

Syndicate Bank

     2,391,407         2,442,956   

UCO Bank

     4,677,040         2,740,294   

Union Bank of India

     1,116,418         2,205,104   

Yes Bank Ltd.

     859,251         11,224,207   
     

 

 

 
Total Banks         171,560,902   
Biotechnology – 0.1%      

Biocon Ltd.

     105,976       $ 773,506   
Building Products – 0.3%      

Kajaria Ceramics Ltd.

     60,632         876,988   

Sintex Industries Ltd.

     2,419,409         2,813,160   
     

 

 

 
Total Building Products         3,690,148   
Capital Markets – 0.1%      

Edelweiss Financial Services Ltd.

     1,166,083         992,243   

JM Financial Ltd.

     972,617         558,844   

PTC India Financial Services Ltd.

     799,025         409,029   
     

 

 

 
Total Capital Markets         1,960,116   
Chemicals – 1.8%      

Aarti Industries

     56,313         438,318   

Akzo Nobel India Ltd.

     22,526         463,956   

Asian Paints Ltd.

     524,015         6,871,601   

Atul Ltd.

     30,040         695,993   

Bayer CropScience Ltd.

     16,695         956,371   

Berger Paints India Ltd.

     205,188         758,504   

Castrol India Ltd.

     200,218         1,131,210   

Chambal Fertilizers and Chemicals Ltd.

     1,175,487         974,506   

Godrej Industries Ltd.

     206,505         1,107,015   

Gujarat Fluorochemicals Ltd.

     138,563         1,080,822   

Gujarat Narmada Valley Fertilizers & Chemicals Ltd.*

     29         36   

Jindal Poly Films Ltd.

     94,516         603,940   

Kansai Nerolac Paints Ltd.

     165,294         700,389   

Max Ventures & Industries Ltd.*†

     23,506         18,511   

Monsanto India Ltd.

     14,174         355,075   

PI Industries Ltd.

     86,173         739,704   

Pidilite Industries Ltd.

     146,072         1,299,864   

Rallis India Ltd.

     169,472         435,436   

Rashtriya Chemicals & Fertilizers Ltd.

     1,399,436         816,765   

Tata Chemicals Ltd.

     330,883         1,867,205   

UPL Ltd.

     799,113         5,764,450   
     

 

 

 
Total Chemicals         27,079,671   
Construction & Engineering – 1.2%      

Ahluwalia Contracts India Ltd.*

     56,904         260,535   

Ashoka Buildcon Ltd.

     62,195         160,506   

Engineers India Ltd.

     100,141         257,224   

IRB Infrastructure Developers Ltd.

     935,113         3,285,904   

KEC International Ltd.

     154,580         285,479   

Larsen & Toubro Ltd.

     566,655         10,411,101   

NCC Ltd.

     552,597         632,517   

Voltas Ltd.

     549,772         2,308,756   
     

 

 

 
Total Construction & Engineering         17,602,022   
Construction Materials – 1.2%      

ACC Ltd.

     108,165         2,257,136   

Ambuja Cements Ltd.

     1,888,853         6,632,984   

Ramco Cements Ltd. (The)

     190,242         1,148,677   

UltraTech Cement Ltd.

     169,171         8,248,116   
     

 

 

 
Total Construction Materials         18,286,913   

 

See Notes to Financial Statements.

 

72   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree India Earnings Fund (EPI) (consolidated)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Consumer Finance – 1.7%      

Bajaj Finance Ltd.

     57,126       $ 5,973,030   

Cholamandalam Investment and Finance Co., Ltd.

     68,426         745,249   

Mahindra & Mahindra Financial Services Ltd.

     1,057,861         3,898,539   

Manappuram Finance Ltd.

     4,590,614         2,426,237   

Muthoot Finance Ltd.

     471,717         1,273,274   

Shriram City Union Finance Ltd.

     47,544         1,078,530   

Shriram Transport Finance Co., Ltd.

     555,830         8,000,141   

SKS Microfinance Ltd.*

     144,422         1,190,423   

Sundaram Finance Ltd.

     52,246         1,026,104   
     

 

 

 
Total Consumer Finance         25,611,527   
Containers & Packaging – 0.0%      

HSIL Ltd.

     88,259         370,908   
Diversified Financial Services – 2.1%      

Bajaj Holdings & Investment Ltd.

     98,888         2,192,865   

Credit Analysis & Research Ltd.

     63,207         893,951   

CRISIL Ltd.

     11,746         319,074   

IFCI Ltd.

     9,115,570         3,399,971   

L&T Finance Holdings Ltd.

     2,117,908         2,042,032   

Power Finance Corp., Ltd.

     3,874,749         10,025,871   

Rural Electrification Corp., Ltd.

     4,688,553         11,766,960   

Srei Infrastructure Finance Ltd.

     1,163,013         970,312   
     

 

 

 
Total Diversified Financial Services         31,611,036   
Diversified Telecommunication Services – 0.5%      

Bharti Infratel Ltd.

     948,713         5,471,870   

Himachal Futuristic Communications Ltd.*

     7,782,185         1,903,755   
     

 

 

 
Total Diversified Telecommunication Services         7,375,625   
Electric Utilities – 1.4%      

CESC Ltd.

     240,975         1,720,093   

Reliance Infrastructure Ltd.

     2,027,018         16,333,071   

Tata Power Co., Ltd.

     1,141,866         1,114,752   

Torrent Power Ltd.

     481,216         1,685,137   
     

 

 

 
Total Electric Utilities         20,853,053   
Electrical Equipment – 0.5%      

ABB India Ltd.

     28,590         553,538   

Amara Raja Batteries Ltd.

     88,500         1,172,828   

Bharat Heavy Electricals Ltd.

     1,228,362         2,111,805   

Crompton Greaves Ltd.

     270,339         199,419   

Havells India Ltd.

     671,201         3,257,057   
     

 

 

 
Total Electrical Equipment         7,294,647   
Electronic Equipment, Instruments &
Components – 0.2%
      

Redington India Ltd.

     1,437,559         2,488,824   
Energy Equipment & Services – 0.1%      

Aban Offshore Ltd.

     695,816         1,854,003   

Global Offshore Services Ltd.*

     75,642         209,944   
     

 

 

 
Total Energy Equipment & Services         2,063,947   
Food Products – 0.6%      

Britannia Industries Ltd.

     40,255         1,633,056   

KRBL Ltd.

     639,183         2,157,233   

Nestle India Ltd.

     34,262         2,978,721   

Tata Global Beverages Ltd.

     698,524       $ 1,278,962   
     

 

 

 
Total Food Products         8,047,972   
Gas Utilities – 0.9%      

GAIL India Ltd.

     1,653,648         8,899,696   

Gujarat State Petronet Ltd.

     1,181,375         2,527,854   

Indraprastha Gas Ltd.

     252,576         2,172,484   
     

 

 

 
Total Gas Utilities         13,600,034   
Health Care Providers & Services – 0.2%      

Apollo Hospitals Enterprise Ltd.

     128,889         2,587,219   

Max India Ltd.

     117,530         163,670   
     

 

 

 
Total Health Care Providers & Services         2,750,889   
Hotels, Restaurants & Leisure – 0.0%      

Jubilant Foodworks Ltd.

     19,253         371,221   
Household Durables – 0.1%      

Crompton Greaves Consumer Electricals Ltd.*†

     263,931         404,929   

Symphony Ltd.

     8,128         291,938   

Whirlpool of India Ltd.*

     70,069         743,463   
     

 

 

 
Total Household Durables         1,440,330   
Household Products – 1.3%      

Hindustan Unilever Ltd.

     1,455,574         19,111,655   

Jyothy Laboratories Ltd.

     60,753         267,333   
     

 

 

 
Total Household Products         19,378,988   
Independent Power & Renewable Electricity
Producers – 3.0%
   

Jaiprakash Power Ventures Ltd.*

     9,286,123         652,051   

JSW Energy Ltd.

     3,144,591         3,302,598   

NHPC Ltd.

     15,034,795         5,482,884   

NTPC Ltd.

     14,514,694         28,241,434   

PTC India Ltd.

     2,413,389         2,332,393   

Reliance Power Ltd.

     6,035,811         4,502,534   
     

 

 

 
Total Independent Power & Renewable
Electricity Producers
         44,513,894   
Industrial Conglomerates – 0.3%      

Aditya Birla Nuvo Ltd.

     158,479         1,968,588   

Siemens Ltd.

     152,380         2,530,444   
     

 

 

 
Total Industrial Conglomerates         4,499,032   
Insurance – 0.4%      

Bajaj Finserv Ltd.

     187,253         4,838,365   

Max Financial Services Ltd.

     118,427         615,271   
     

 

 

 
Total Insurance         5,453,636   
Internet Software & Services – 0.1%      

Just Dial Ltd.

     64,713         748,930   
IT Services – 18.6%      

eClerx Services Ltd.

     79,626         1,562,099   

HCL Technologies Ltd.

     2,315,646         28,467,174   

Hexaware Technologies Ltd.

     512,204         2,081,765   

Infosys Ltd.

     7,354,481         135,300,905   

Mindtree Ltd.

     493,025         4,863,431   

Mphasis Ltd.

     464,859         3,452,266   

Persistent Systems Ltd.

     75,645         870,593   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      73   


Table of Contents

Schedule of Investments (continued)

WisdomTree India Earnings Fund (EPI) (consolidated)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Polaris Consulting & Services Ltd.

     410,385       $ 1,171,555   

Rolta India Ltd.

     1,062,830         1,217,345   

Sonata Software Ltd.

     181,127         398,645   

Tata Consultancy Services Ltd.

     1,441,568         54,863,284   

Tech Mahindra Ltd.

     1,790,431         12,841,032   

Vakrangee Ltd.

     1,061,175         3,175,232   

Wipro Ltd.

     2,813,023         23,968,413   
     

 

 

 
Total IT Services               274,233,739   
Life Sciences Tools & Services – 0.3%      

Dishman Pharmaceuticals & Chemicals Ltd.

     60,694         306,896   

Divi’s Laboratories Ltd.

     231,077         3,444,913   
     

 

 

 
Total Life Sciences Tools & Services               3,751,809   
Machinery – 0.6%      

AIA Engineering Ltd.

     116,233         1,649,526   

Cummins India Ltd.

     201,421         2,560,402   

Eicher Motors Ltd.

     9,424         2,729,555   

Escorts Ltd.

     352,179         740,548   

Jain Irrigation Systems Ltd.

     731,550         666,125   

Thermax Ltd.

     31,795         364,174   
     

 

 

 
Total Machinery               8,710,330   
Marine – 0.1%      

Shipping Corp. of India Ltd.*

     689,212         675,968   
Media – 0.7%      

Eros International Media Ltd.*

     82,109         209,108   

Jagran Prakashan Ltd.

     404,058         978,074   

Sun TV Network Ltd.

     324,723         1,850,832   

Zee Entertainment Enterprises Ltd.

     1,247,917         7,291,804   
     

 

 

 
Total Media               10,329,818   
Metals & Mining – 3.1%      

Hindalco Industries Ltd.

     2,422,335         3,217,099   

Hindustan Copper Ltd.

     287,431         218,538   

Hindustan Zinc Ltd.

     3,190,116         8,844,506   

JSW Steel Ltd.

     665,763         12,901,059   

National Aluminium Co., Ltd.

     6,045,787         3,606,155   

NMDC Ltd.

     8,198,016         12,131,913   

Steel Authority of India Ltd.

     6,944,116         4,519,482   

Welspun Corp., Ltd.

     430,502         641,633   
     

 

 

 
Total Metals & Mining               46,080,385   
Multiline Retail – 0.0%      

Future Retail Ltd.

     326,906         634,338   
Oil, Gas & Consumable Fuels – 18.5%      

Aegis Logistics Ltd.

     229,642         336,197   

Bharat Petroleum Corp., Ltd.

     1,115,777         15,236,470   

Cairn India Ltd.

     5,638,522         13,099,575   

Coal India Ltd.

     6,231,108         27,470,602   

Great Eastern Shipping Co., Ltd. (The)

     580,746         2,734,367   

Hindustan Petroleum Corp., Ltd.

     456,139         5,426,003   

Indian Oil Corp., Ltd.

     1,046,356         6,219,121   

Oil & Natural Gas Corp., Ltd.

     13,324,161         43,077,547   

Reliance Industries Ltd.

     10,140,529         160,049,544   
     

 

 

 
Total Oil, Gas & Consumable Fuels               273,649,426   
Paper & Forest Products – 0.0%      

Century Plyboards India Ltd.

     169,752       $ 437,950   
Personal Products – 1.0%      

Bajaj Corp., Ltd.

     142,967         833,115   

Colgate-Palmolive India Ltd.

     119,050         1,493,642   

Dabur India Ltd.

     974,055         3,675,735   

Emami Ltd.

     57,911         815,288   

Godrej Consumer Products Ltd.

     232,788         4,853,844   

Marico Ltd.

     706,156         2,605,065   
     

 

 

 
Total Personal Products               14,276,689   
Pharmaceuticals – 4.8%      

Ajanta Pharma Ltd.

     15,545         330,782   

Aurobindo Pharma Ltd.

     923,652         10,389,647   

Cadila Healthcare Ltd.

     714,750         3,420,352   

Cipla Ltd.

     669,071         5,172,425   

Dr. Reddy’s Laboratories Ltd.

     210,586         9,651,865   

Glenmark Pharmaceuticals Ltd.

     164,490         1,974,824   

Ipca Laboratories Ltd.

     50,963         448,007   

Lupin Ltd.

     359,554         8,031,564   

Marksans Pharma Ltd.

     399,940         279,621   

Pfizer Ltd.

     18,023         488,075   

Strides Shasun Ltd.

     291,647         4,774,207   

Sun Pharmaceutical Industries Ltd.

     1,785,489         22,108,815   

Suven Life Sciences Ltd.

     114,423         332,872   

Torrent Pharmaceuticals Ltd.

     114,972         2,326,871   

Wockhardt Ltd.*

     85,386         1,255,792   
     

 

 

 
Total Pharmaceuticals               70,985,719   
Real Estate Management & Development – 0.3%      

DLF Ltd.

     787,869         1,365,215   

Godrej Properties Ltd.

     68,391         305,538   

Housing Development & Infrastructure Ltd.*

     1,696,407         1,873,867   

Oberoi Realty Ltd.

     134,259         489,615   

Prestige Estates Projects Ltd.

     77,651         202,563   

Sobha Ltd.

     3,507         14,508   
     

 

 

 
Total Real Estate Management & Development         4,251,306   
Road & Rail – 0.2%      

Container Corp. of India Ltd.

     174,426         3,274,908   
Software – 0.7%      

Cyient Ltd.

     272,056         1,752,974   

KPIT Technologies Ltd.

     1,002,844         2,238,974   

NIIT Technologies Ltd.

     117,698         882,791   

Oracle Financial Services Software Ltd.

     61,556         3,280,694   

TAKE Solutions Ltd.

     121,072         259,704   

Tata Elxsi Ltd.

     7,800         221,889   

Zensar Technologies Ltd.

     74,806         1,054,327   
     

 

 

 
Total Software               9,691,353   
Specialty Retail – 0.1%      

PC Jeweller Ltd.

     338,710         1,859,459   
Textiles, Apparel & Luxury Goods – 0.6%      

Aditya Birla Fashion and Retail Ltd.*

     837,732         1,848,836   

Arvind Ltd.

     826,374         3,411,066   

 

See Notes to Financial Statements.

 

74   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (concluded)

WisdomTree India Earnings Fund (EPI) (consolidated)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Bata India Ltd.

     82,020       $ 629,928   

Indo Count Industries Ltd.

     10,848         159,143   

Raymond Ltd.

     61,252         375,203   

SRF Ltd.

     29,000         572,993   

Vardhman Textiles Ltd.

     57,407         670,532   

Welspun India Ltd.

     999,320         1,493,189   
     

 

 

 
Total Textiles, Apparel & Luxury Goods               9,160,890   
Thrifts & Mortgage Finance – 6.8%      

Dewan Housing Finance Corp., Ltd.

     953,979         2,828,552   

Housing Development Finance Corp., Ltd.

     4,662,415         77,840,100   

Indiabulls Housing Finance Ltd.

     1,036,219         10,169,334   

LIC Housing Finance Ltd.

     1,200,811         8,942,277   
     

 

 

 
Total Thrifts & Mortgage Finance               99,780,263   
Tobacco – 1.9%      

ITC Ltd.

     5,560,757         27,563,419   
Trading Companies & Distributors – 0.4%      

Adani Enterprises Ltd.

     5,279,348         5,883,437   
Transportation Infrastructure – 0.8%      

Adani Ports & Special Economic Zone Ltd.

     2,283,614         8,541,677   

Gateway Distriparks Ltd.

     240,364         1,016,663   

Gujarat Pipavav Port Ltd.*

     559,783         1,491,965   
     

 

 

 
Total Transportation Infrastructure               11,050,305   
Water Utilities – 0.0%      

VA Tech Wabag Ltd.

     46,858         366,776   
Wireless Telecommunication Services – 2.1%      

Bharti Airtel Ltd.

     3,887,512         20,593,291   

Idea Cellular Ltd.

     4,634,841         7,712,778   

Reliance Communications Ltd.*

     3,881,417         2,930,588   
     

 

 

 
Total Wireless Telecommunication Services               31,236,657   

TOTAL INVESTMENTS IN SECURITIES – 99.9%

(Cost: $1,336,924,186)

        1,474,323,277   

Cash, Foreign Currency and Other Assets in Excess of Liabilities – 0.1%

        1,292,506   
     

 

 

 
NET ASSETS – 100.0%             $ 1,475,615,783   

 

* 

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 $587,110, which represents less than 0.01% of net assets.

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      75   


Table of Contents

Schedule of Investments

WisdomTree Middle East Dividend Fund (GULF)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 97.9%      
Bahrain – 3.7%      

Ahli United Bank BSC

     1,173,737       $ 706,883   

Al-Salam Bank-Bahrain BSC

     266,444         66,013   
     

 

 

 
Total Bahrain               772,896   
Egypt – 6.3%      

Amer Group Holding

     359,180         17,393   

Commercial International Bank Egypt SAE

     68,171         294,642   

Credit Agricole Egypt SAE

     51,115         135,847   

Egypt Kuwait Holding Co. SAE

     124,972         58,737   

Heliopolis Housing

     7,647         44,504   

Juhayna Food Industries

     32,288         26,870   

Oriental Weavers

     47,962         39,158   

Sidi Kerir Petrochemicals Co.

     168,057         239,407   

Talaat Moustafa Group

     106,709         76,427   

Telecom Egypt Co.

     400,820         371,483   
     

 

 

 
Total Egypt               1,304,468   
Jordan – 1.5%      

Arab Bank PLC

     28,926         249,457   

Jordan Petroleum Refinery Co.

     8,071         52,544   
     

 

 

 
Total Jordan               302,001   
Kuwait – 22.0%      

Agility Public Warehousing Co. KSC

     208,922         331,842   

Boubyan Bank KSCP

     68,022         95,663   

Burgan Bank SAK

     204,266         229,816   

Kuwait Finance House KSCP

     343,747         545,991   

Kuwait Food Co. Americana SAK

     42,811         348,495   

Kuwait Projects Co. Holding KSCP

     173,062         314,970   

Mabanee Co. SAK

     35,844         102,005   

Mobile Telecommunications Co. KSC

     1,221,647         1,435,092   

National Bank of Kuwait SAKP

     518,954         1,150,560   
     

 

 

 
Total Kuwait               4,554,434   
Morocco – 12.1%      

Attijariwafa Bank

     16,443         577,353   

Maroc Telecom

     155,125         1,936,143   
     

 

 

 
Total Morocco               2,513,496   
Oman – 5.2%      

Bank Muscat SAOG

     358,357         355,472   

Oman Telecommunications Co. SAOG

     180,994         716,738   
     

 

 

 
Total Oman               1,072,210   
Qatar – 23.6%      

Aamal Co.

     38,938         136,765   

Barwa Real Estate Co.

     17,426         173,236   

Commercial Bank QSC (The)

     16,642         190,350   

Doha Bank QSC

     18,712         190,902   

Ezdan Holding Group QSC

     48,840         244,106   

Gulf International Services OSC

     13,658         136,152   

Industries Qatar QSC

     31,135         925,996   

Masraf Al Rayan QSC

     27,021         264,912   

Mazaya Qatar Real Estate Development QSC

     1,685         6,506   

National Leasing

     2,863         13,051   

Ooredoo QSC

     15,342       $ 391,829   

Qatar Electricity & Water Co. QSC

     3,653         210,669   

Qatar Gas Transport Co., Ltd.

     26,571         173,667   

Qatar Insurance Co. SAQ

     4,107         93,500   

Qatar International Islamic Bank QSC

     7,538         139,109   

Qatar Islamic Bank SAQ

     8,025         228,316   

Qatar National Bank SAQ

     30,671         1,185,939   

Qatari Investors Group QSC

     1,717         28,008   

Salam International Investment Ltd. QSC

     6,381         23,289   

United Development Co. QSC

     16,166         87,414   

Vodafone Qatar QSC

     15,874         53,707   
     

 

 

 
Total Qatar               4,897,423   
United Arab Emirates – 23.5%      

Abu Dhabi Commercial Bank PJSC

     346,763         632,538   

Agthia Group PJSC

     11,010         22,991   

Air Arabia PJSC

     376,797         126,180   

Al Waha Capital PJSC

     282,424         163,011   

Aldar Properties PJSC

     349,466         261,647   

Aramex PJSC

     73,267         67,622   

DAMAC Properties Dubai Co. PJSC

     211,181         156,963   

DP World Ltd.

     11,158         209,659   

Dubai Financial Market PJSC

     385,552         142,758   

Dubai Investments PJSC

     219,004         128,791   

Dubai Islamic Bank PJSC

     281,999         455,283   

Emaar Properties PJSC

     187,007         306,502   

First Gulf Bank PJSC

     339,786         1,086,982   

National Bank of Abu Dhabi PJSC

     244,207         581,097   

National Bank of Ras Al-Khaimah PSC (The)

     146,770         239,755   

National Central Cooling Co. PJSC

     35,067         11,457   

RAK Properties PJSC

     205,151         31,837   

Ras Al Khaimah Ceramics

     103,732         90,373   

Union National Bank PJSC

     138,427         139,068   

Union Properties PJSC

     123,595         28,737   
     

 

 

 
Total United Arab Emirates               4,883,251   

TOTAL COMMON STOCKS

(Cost: $21,653,194)

              20,300,179   
RIGHTS – 0.1%      
Qatar – 0.1%      

Qatar Insurance Co. SAQ, expiring 5/1/16* (Cost $0)

     821         6,989   
CONVERTIBLE BONDS – 0.1%      
Oman – 0.1%      

Bank Muscat SAOG

     

4.50%, 3/20/17

     48,842         13,063   

3.50%, 3/19/18

     38,597         9,221   

TOTAL CONVERTIBLE BONDS

(Cost: $33,023)

              22,284   

TOTAL INVESTMENTS IN SECURITIES — 98.1%

(Cost: $21,686,217)

        20,329,452   

Cash, Foreign Currency and Other Assets in Excess of Liabilities — 1.9%

        401,163   
     

 

 

 
NET ASSETS — 100.0%             $ 20,730,615   

 

* 

Non-income producing security.

 

See Notes to Financial Statements.

 

76   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Schedule of Investments (concluded)

WisdomTree Middle East Dividend Fund (GULF)

March 31, 2016

 

  

 

 

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FORWARD CONTRACTS  
Settlement
Date
         Contracts
To
Deliver
           In
Exchange For
    Unrealized
Gain (Loss)
 

4/4/2016

    AED        123,473        USD        33,609      $ (7

4/4/2016

    KWD        3,000        USD        9,899        (29

4/4/2016

    QAR        24,504        USD        6,723        (6

4/4/2016

    USD        6,346        JOD        4,500        (5

4/5/2016

    USD        10,158        OMR        3,900        (30
                                    $ (77
CURRENCY LEGEND                

AED – United Arab Emirates dirham

JOD – Jordanian dinar

KWD – Kuwaiti dinar

OMR – Omani rial

QAR – Qatari riyal

USD – U.S. dollar

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      77   


Table of Contents

Statements of Assets and Liabilities

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds

March 31, 2016

 

  

 

 

      WisdomTree
Asia Pacific ex-
Japan Fund
     WisdomTree
China ex-
State-Owned
Enterprises
Fund
     WisdomTree
Commodity
Country Equity
Fund
     WisdomTree
Emerging
Markets
Consumer
Growth Fund
     WisdomTree
Emerging
Markets ex-
State-Owned
Enterprises
Fund
 

ASSETS:

              

Investments, at cost

   $ 48,414,661       $ 11,281,336       $ 8,886,477       $ 13,627,656       $ 2,265,407   

Investment in affiliates, at cost (Note 3)

     95,139                 65,718                   

Foreign currency, at cost

     24,891         9         119,545         12,160         1,507   

Investments in securities, at value1 (Note 2)

     45,773,117         10,246,248         6,892,736         12,583,953         2,146,107   

Investment in affiliates, at value (Note 3)

     99,499                 73,941                   

Cash

     5,362         5,754         258         10,595         747   

Foreign currency, at value

     25,051         9         120,300         12,396         1,548   

Unrealized appreciation on forward foreign currency contracts

                     5                 2   

Receivables:

              

Investment securities sold

                     963,451                   

Dividends and interest

     269,972         3,151         44,387         52,465         6,230   

Foreign tax reclaims

                     15,924                   

Total Assets

     46,173,001         10,255,162         8,111,002         12,659,409         2,154,634   

LIABILITIES:

              

Unrealized depreciation on forward foreign currency contracts

     55                 4,681         63           

Payables:

              

Investment of cash collateral for securities loaned (Note 2)

     489,837         900,596         336,033         269,888         5,855   

Investment securities purchased

                     11,135         25,980           

Capital shares redeemed

                     1,076,751                   

Advisory fees (Note 3)

     18,020         4,030         3,619         6,315         1,012   

Service fees (Note 2)

     165         34         28         44         8   

Foreign capital gains tax

     39                                   

Total Liabilities

     508,116         904,660         1,432,247         302,290         6,875   

NET ASSETS

   $ 45,664,885       $ 9,350,502       $ 6,678,755       $ 12,357,119       $ 2,147,759   

NET ASSETS:

              

Paid-in capital

   $ 73,105,977       $ 13,926,872       $ 27,681,523       $ 15,966,550       $ 2,555,312   

Undistributed (Distributions in excess of) net investment income

     61,335         (19      45,399         25,593         924   

Accumulated net realized loss on investments, forward foreign currency contracts and foreign currency related transactions

     (24,875,645      (3,541,263      (19,064,782      (2,593,045      (289,366

Net unrealized depreciation on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     (2,626,782      (1,035,088      (1,983,385      (1,041,979      (119,111

NET ASSETS

   $ 45,664,885       $ 9,350,502       $ 6,678,755       $ 12,357,119       $ 2,147,759   

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     800,000         200,000         300,000         600,000         100,000   

Net asset value per share

   $ 57.08       $ 46.75       $ 22.26       $ 20.60       $ 21.48   

1     Includes market value of securities out on loan of:

   $ 609,423       $ 1,016,683       $ 386,013       $ 350,230       $ 5,574   

 

See Notes to Financial Statements.

 

78   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Statements of Assets and Liabilities (continued)

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds

March 31, 2016

 

  

 

 

      WisdomTree
Emerging
Markets High
Dividend Fund
     WisdomTree
Emerging
Markets Quality
Dividend
Growth Fund
     WisdomTree
Emerging
Markets
SmallCap
Dividend Fund
     WisdomTree
Global ex-U.S.
Quality
Dividend
Growth Fund
     WisdomTree
Global ex-U.S.
Real Estate
Fund
 

ASSETS:

              

Investments, at cost

   $ 1,730,479,241       $ 33,309,051       $ 981,279,679       $ 67,281,069       $ 97,419,016   

Investment in affiliates, at cost (Note 3)

                             41,878         54,257   

Foreign currency, at cost

     683,333         14,926         1,417,882         29,635         34,443   

Investments in securities, at value1 (Note 2)

     1,378,092,795         32,548,258         937,428,828         69,115,671         97,333,566   

Investment in affiliates, at value (Note 3)

                             44,219         55,286   

Cash

     1,233,497         19,746         848,595         65,307         74,355   

Foreign currency, at value

     694,816         15,212         1,430,089         30,122         35,555   

Unrealized appreciation on forward foreign currency contracts

     3,271                 10,550                 9   

Receivables:

              

Investment securities sold

     27,748,609                 36,299                   

Dividends and interest

     4,148,556         95,564         2,920,288         139,686         229,872   

Foreign tax reclaims

     3,530                         119,994         26,529   

Total Assets

     1,411,925,074         32,678,780         942,674,649         69,514,999         97,755,172   

LIABILITIES:

              

Unrealized depreciation on forward foreign currency contracts

     24,703                 4                 8   

Payables:

              

Investment of cash collateral for securities loaned (Note 2)

     59,328,633         994,811         47,246,610         3,457,503         3,611,625   

Investment securities purchased

     2,613,174                 493,573                 54,257   

Capital shares redeemed

     28,037,412                                   

Advisory fees (Note 3)

     694,995         16,383         463,246         31,363         44,672   

Service fees (Note 2)

     4,854         114         3,234         238         339   

Professional fees (Note 2)

                             161         215   

Total Liabilities

     90,703,771         1,011,308         48,206,667         3,489,265         3,711,116   

NET ASSETS

   $ 1,321,221,303       $ 31,667,472       $ 894,467,982       $ 66,025,734       $ 94,044,056   

NET ASSETS:

              

Paid-in capital

   $ 2,896,201,609       $ 40,271,294       $ 1,395,413,780       $ 93,982,182       $ 155,817,038   

Undistributed (Distributions in excess of) net investment income

     936,703         85,033         740,433         162,461         (1,429,445

Accumulated net realized loss on investments, forward foreign currency contracts and foreign currency related transactions

     (1,223,636,837      (7,930,230      (457,890,188      (29,954,532      (60,260,788

Net unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     (352,280,172      (758,625      (43,796,043      1,835,623         (82,749

NET ASSETS

   $ 1,321,221,303       $ 31,667,472       $ 894,467,982       $ 66,025,734       $ 94,044,056   

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     37,700,000         1,500,000         23,600,000         1,400,000         3,450,000   

Net asset value per share

   $ 35.05       $ 21.11       $ 37.90       $ 47.16       $ 27.26   

1     Includes market value of securities out on loan of:

   $ 81,437,076       $ 2,143,687       $ 88,264,527       $ 5,692,262       $ 4,021,658   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      79   


Table of Contents

Statements of Assets and Liabilities (concluded)

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds

March 31, 2016

 

  

 

 

      WisdomTree
Global ex-U.S.
Utilities Fund
     WisdomTree
Global High
Dividend Fund
     WisdomTree
Global Natural
Resources Fund
     WisdomTree India
Earnings
Fund
(consolidated)
     WisdomTree
Middle East
Dividend Fund
 

ASSETS:

              

Investments, at cost

   $ 19,617,371       $ 75,415,138       $ 23,251,104       $ 1,336,924,186       $ 21,686,217   

Investment in affiliates, at cost (Note 3)

     3,814                 9,199                   

Foreign currency, at cost

     3,218         38,198         22,341         3,428,895         216,339   

Investments in securities, at value1 (Note 2)

     16,644,114         74,294,934         16,344,344         1,474,323,277         20,329,452   

Investment in affiliates, at value (Note 3)

     4,389                 9,382                   

Cash

     1,454         138,935         2,587         1,049,424         368   

Foreign currency, at value

     3,297         38,961         22,642         3,456,260         214,876   

Unrealized appreciation on forward foreign currency contracts

             375         28                   

Receivables:

              

Investment securities sold

             604         269                   

Dividends and interest

     41,891         281,150         55,650         438,794         367,393   

Foreign tax reclaims

     10,111         129,466         13,517                   

Total Assets

     16,705,256         74,884,425         16,448,419         1,479,267,755         20,912,089   

LIABILITIES:

              

Unrealized depreciation on forward foreign currency contracts

                     6                 77   

Payables:

              

Investment of cash collateral for securities loaned (Note 2)

     1,443,263         1,172,860         1,133,085                   

Investment securities purchased

             162,741         27,879         2,672,629         166,067   

Capital shares redeemed

                             7,428           

Advisory fees (Note 3)

     7,263         36,832         7,453         966,790         15,254   

Service fees (Note 2)

     55         280         57         5,125         76   

Professional fees (Note 2)

     61         384         64                   

Total Liabilities

     1,450,642         1,373,097         1,168,544         3,651,972         181,474   

NET ASSETS

   $ 15,254,614       $ 73,511,328       $ 15,279,875       $ 1,475,615,783       $ 20,730,615   

NET ASSETS:

              

Paid-in capital

   $ 46,989,532       $ 107,162,375       $ 46,860,172       $ 1,777,177,906       $ 30,897,794   

Undistributed net investment income

     41,377         201,294         36,247         7,530,595         581,332   

Accumulated net realized loss on investments, forward foreign currency contracts and foreign currency related transactions

     (28,802,817      (32,732,130      (24,710,290      (446,515,318      (9,390,161

Net unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     (2,973,478      (1,120,211      (6,906,254      137,422,600         (1,358,350

NET ASSETS

   $ 15,254,614       $ 73,511,328       $ 15,279,875       $ 1,475,615,783       $ 20,730,615   

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     950,000         1,800,000         1,300,000         76,000,000         1,200,000   

Net asset value per share

   $ 16.06       $ 40.84       $ 11.75       $ 19.42       $ 17.28   

1     Includes market value of securities out on loan of:

   $ 1,784,892       $ 1,444,274       $ 1,083,365                   

 

See Notes to Financial Statements.

 

80   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Statements of Operations

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds

For the Year Ended March 31, 2016

 

  

 

 

      WisdomTree
Asia Pacific
ex-Japan Fund
     WisdomTree
China ex-
State-Owned
Enterprises
Fund
     WisdomTree
Commodity
Country Equity
Fund
     WisdomTree
Emerging
Markets
Consumer
Growth Fund
     WisdomTree
Emerging
Markets ex-
State-Owned
Enterprises
Fund
 

INVESTMENT INCOME:

              

Dividends1

   $ 1,889,753       $ 329,514       $ 388,415       $ 452,815       $ 73,324   

Dividends from affiliates (Note 3)

     9,112                 2,331                   

Interest

     6                         8         4   

Securities lending income (Note 2)

     15,774         35,146         12,842         3,143         115   

Total investment income

     1,914,645         364,660         403,588         455,966         73,443   

EXPENSES:

              

Advisory fees (Note 3)

     225,640         76,674         53,100         94,991         20,652   

Service fees (Note 2)

     2,068         535         403         663         156   

Total expenses

     227,708         77,209         53,503         95,654         20,808   

Expense waivers (Note 3)

     (407      (7,648      (38                

Net expenses

     227,301         69,561         53,465         95,654         20,808   

Net investment income

     1,687,344         295,099         350,123         360,312         52,635   

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

              

Net realized gain (loss) from:

              

Investment transactions2

     (1,127,655      (1,428,675      (1,424,352      (1,686,707      (231,660

Investment transactions in affiliates (Note 3)

     (19,791              (18,810                

In-kind redemptions

             715,962         (305,529      (194,809      238,007   

In-kind redemptions in affiliates (Note 3)

                     1,343                   

Forward foreign currency contracts and foreign currency related transactions

     (15,265      (192      (7,846      (23,544      (4,264

Payments by sub-advisor (Note 3)

     63                                   

Net realized gain (loss)

     (1,162,648      (712,905      (1,755,194      (1,905,060      2,083   

Net change in unrealized appreciation (depreciation) from:

              

Investment transactions

     (7,357,123      (1,635,394      324,014         (1,699,329      (214,834

Forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     11,230         (2      3,637         2,800         508   

Net change in unrealized appreciation (depreciation)

     (7,345,893      (1,635,396      327,651         (1,696,529      (214,326

Net realized and unrealized loss on investments

     (8,508,541      (2,348,301      (1,427,543      (3,601,589      (212,243

NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS

   $ (6,821,197    $ (2,053,202    $ (1,077,420    $ (3,241,277    $ (159,608

1     Net of foreign withholding tax of:

   $ 144,789       $ 24,759       $ 58,527       $ 55,781       $ 8,993   

2     Net of foreign capital gains tax withheld of:

                           $ 140       $ 764   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      81   


Table of Contents

Statements of Operations (continued)

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds

For the Year Ended March 31, 2016

 

  

 

 

      WisdomTree
Emerging
Markets High
Dividend Fund
     WisdomTree
Emerging
Markets
Quality
Dividend
Growth Fund
     WisdomTree
Emerging
Markets
SmallCap
Dividend Fund
     WisdomTree
Global ex-U.S.
Quality
Dividend
Growth Fund
     WisdomTree
Global ex-U.S.
Real Estate
Fund
 

INVESTMENT INCOME:

              

Dividends1

   $ 90,039,394       $ 1,104,866       $ 39,480,722       $ 2,039,242       $ 4,062,320   

Dividends from affiliates (Note 3)

     65,770                 285,356         13,233         10,724   

Interest

     1,694                 228                   

Securities lending income (Note 2)

     1,292,133         42,005         1,862,368         90,405         112,205   

Total investment income

     91,398,991         1,146,871         41,628,674         2,142,880         4,185,249   

EXPENSES:

              

Advisory fees (Note 3)

     10,911,297         224,118         6,962,000         455,278         638,097   

Service fees (Note 2)

     76,206         1,565         48,623         3,454         4,840   

Professional fees (Note 2)

                             161         215   

Total expenses

     10,987,503         225,683         7,010,623         458,893         643,152   

Expense waivers (Note 3)

     (5,162              (6,830      (146        

Net expenses

     10,982,341         225,683         7,003,793         458,747         643,152   

Net investment income

     80,416,650         921,188         34,624,881         1,684,133         3,542,097   

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

              

Net realized gain (loss) from:

              

Investment transactions

     (266,278,224      (5,758,607      (79,662,664      (4,755,663      (612,203

Investment transactions in affiliates (Note 3)

     (83,820              (1,181,953      (74,141      (56,954

In-kind redemptions

     (56,204,283      (139,109      3,043,986         1,032,704         1,523,533   

In-kind redemptions in affiliates (Note 3)

     (7,630              (6,366              (275

Forward foreign currency contracts and foreign currency related transactions

     (1,564,805      (31,501      (1,778,438      (22,687      (42,037

Payments by sub-advisor (Note 3)

             260                           

Net realized gain (loss)

     (324,138,762      (5,928,957      (79,585,435      (3,819,787      812,064   

Net change in unrealized appreciation (depreciation) from:

              

Investment transactions

     (75,830,834      (323,120      (136,651,369      (4,174,085      (11,600,696

Forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     210,645         3,075         153,618         8,140         7,811   

Net change in unrealized appreciation (depreciation)

     (75,620,189      (320,045      (136,497,751      (4,165,945      (11,592,885

Net realized and unrealized loss on investments

     (399,758,951      (6,249,002      (216,083,186      (7,985,732      (10,780,821

NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS

   $ (319,342,301    $ (5,327,814    $ (181,458,305    $ (6,301,599    $ (7,238,724

1     Net of foreign withholding tax of:

   $ 12,123,890       $ 163,885       $ 6,495,675       $ 262,513       $ 381,006   

 

See Notes to Financial Statements.

 

82   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Statements of Operations (concluded)

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds

For the Year Ended March 31, 2016

 

  

 

 

      WisdomTree
Global ex-U.S.
Utilities Fund
     WisdomTree
Global High
Dividend Fund
     WisdomTree
Global Natural
Resources
Fund
     WisdomTree
India Earnings
Fund
(consolidated)
     WisdomTree
Middle East
Dividend Fund
 

INVESTMENT INCOME:

              

Dividends1

   $ 754,674       $ 4,776,650       $ 729,702       $ 40,326,601       $ 1,072,753   

Dividends from affiliates (Note 3)

     1,872         25,494         2,850                   

Interest

     642                         3,541         10,945   

Securities lending income (Note 2)

     28,045         100,190         43,527                   

Total investment income

     785,233         4,902,334         776,079         40,330,142         1,083,698   

EXPENSES:

              

Advisory fees (Note 3)

     110,455         595,448         99,304         15,795,713         237,697   

Service fees (Note 2)

     838         4,517         753         83,736         1,188   

Interest expense (Note 8)

                             97,124           

Professional fees (Note 2)

     61         384         64                   

Total expenses

     111,354         600,349         100,121         15,976,573         238,885   

Expense waivers (Note 3)

             (573      (23                

Net expenses

     111,354         599,776         100,098         15,976,573         238,885   

Net investment income

     673,879         4,302,558         675,981         24,353,569         844,813   

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

              

Net realized gain (loss) from:

              

Investment transactions2

     (925,225      (4,617,632      (5,288,911      (93,866,955      (1,565,101

Investment transactions in affiliates (Note 3)

     (3,366      (27,317      (1,700                

In-kind redemptions

     271,842         6,469,805                           

In-kind redemptions in affiliates (Note 3)

     96         3,995                           

Forward foreign currency contracts and foreign currency related transactions

     (7,670      (37,758      (3,394      (2,730,855      (19,999

Net realized gain (loss)

     (664,323      1,791,093         (5,294,005      (96,597,810      (1,585,100

Net change in unrealized appreciation (depreciation) from:

              

Investment transactions

     (1,370,230      (11,970,325      15,621         (224,296,795      (2,927,051

Forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     1,800         10,532         2,706         25,013         (1,484

Net change in unrealized appreciation (depreciation)

     (1,368,430      (11,959,793      18,327         (224,271,782      (2,928,535

Net realized and unrealized loss on investments

     (2,032,753      (10,168,700      (5,275,678      (320,869,592      (4,513,635

NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS

   $ (1,358,874    $ (5,866,142    $ (4,599,697    $ (296,516,023    $ (3,668,822

1     Net of foreign withholding tax of:

   $ 91,962       $ 306,374       $ 54,586               $ 58,398   

2     Net of foreign capital gains tax withheld of:

                           $ 30           

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      83   


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 ex-State-Owned

Enterprises Fund

   

WisdomTree

Commodity Country Equity Fund

 
     For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

   

         

Net investment income

  $ 1,687,344      $ 1,636,393      $ 295,099      $ 456,837      $ 350,123      $ 729,118   

Net realized gain (loss) on investments, forward foreign currency contracts, foreign currency related transactions and payments by sub-advisor

    (1,162,648     874,420        (712,905     22,758        (1,755,194     (150,948

Net change in unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (7,345,893     338,696        (1,635,396     1,786,692        327,651        (2,813,859

Net increase (decrease) in net assets resulting from operations

    (6,821,197     2,849,509        (2,053,202     2,266,287        (1,077,420     (2,235,689

DIVIDENDS:

           

Net investment income

    (1,643,992     (1,585,507     (300,252     (427,018     (350,206     (754,412

CAPITAL SHARE TRANSACTIONS:

           

Net proceeds from sale of shares

    7,093,290               5,438,556        2,565,916                 

Cost of shares redeemed

           (6,805,857     (10,319,479     (5,215,961     (3,239,283     (7,186,372

Net increase (decrease) in net assets resulting from capital share transactions

    7,093,290        (6,805,857     (4,880,923     (2,650,045     (3,239,283     (7,186,372

Net Decrease in Net Assets

    (1,371,899     (5,541,855     (7,234,377     (810,776     (4,666,909     (10,176,473

NET ASSETS:

           

Beginning of year

  $ 47,036,784      $ 52,578,639      $ 16,584,879      $ 17,395,655      $ 11,345,664      $ 21,522,137   

End of year

  $ 45,664,885      $ 47,036,784      $ 9,350,502      $ 16,584,879      $ 6,678,755      $ 11,345,664   

Undistributed (Distributions in excess of) net investment income included in net assets at end of year

  $ 61,335      $ 59,872      $ (19   $ 4,102      $ 45,399      $ 48,368   

SHARES CREATED AND REDEEMED:

           

Shares outstanding, beginning of year

    700,000        800,000        300,000        350,000        450,000        700,000   

Shares created

    100,000               100,000        50,000                 

Shares redeemed

           (100,000     (200,000     (100,000     (150,000     (250,000

Shares outstanding, end of year

    800,000        700,000        200,000        300,000        300,000        450,000   

 

See Notes to Financial Statements.

 

84   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 Consumer
Growth Fund

   

WisdomTree

Emerging Markets ex-State-Owned
Enterprises Fund

   

WisdomTree

Emerging Markets High
Dividend Fund

 
     For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2016
    For the Period
December 10, 2014*
through
March 31, 2015
    For the
Year Ended
March 31, 2016
   

For the

Year Ended
March 31, 2015

 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

   

         

Net investment income

  $ 360,312      $ 380,135      $ 52,635      $ 26,893      $ 80,416,650      $ 145,437,478   

Net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions

    (1,905,060     (182,881     2,083        (32,530     (324,138,762     (222,985,348

Net change in unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (1,696,529     465,786        (214,326     95,215        (75,620,189     (206,212,534

Net increase (decrease) in net assets resulting from operations

    (3,241,277     663,040        (159,608     89,578        (319,342,301     (283,760,404

DIVIDENDS:

           

Net investment income

    (365,298     (374,552     (80,372     (20,436     (76,758,776     (150,590,028

CAPITAL SHARE TRANSACTIONS:

           

Net proceeds from sale of shares

           2,439,400               10,000,000        37,455,882        102,476,902   

Cost of shares redeemed

    (3,948,523     (2,463,158     (7,681,503            (479,690,654     (1,397,423,523

Net increase (decrease) in net assets resulting from capital share transactions

    (3,948,523     (23,758     (7,681,503     10,000,000        (442,234,772     (1,294,946,621

Net Increase (Decrease) in Net Assets

    (7,555,098     264,730        (7,921,483     10,069,142        (838,335,849     (1,729,297,053

NET ASSETS:

           

Beginning of period

  $ 19,912,217      $ 19,647,487      $ 10,069,242      $ 100      $ 2,159,557,152      $ 3,888,854,205   

End of period

  $ 12,357,119      $ 19,912,217      $ 2,147,759      $ 10,069,242      $ 1,321,221,303      $ 2,159,557,152   

Undistributed net investment income included in net assets at end of period

  $ 25,593      $ 60,717      $ 924      $ 30,495      $ 936,703      $ 482,542   

SHARES CREATED AND REDEEMED:

           

Shares outstanding, beginning of period

    800,000        800,000        400,004        4        50,600,000        79,000,000   

Shares created

           100,000               400,000        800,000        2,200,000   

Shares redeemed

    (200,000     (100,000     (300,004            (13,700,000     (30,600,000

Shares outstanding, end of period

    600,000        800,000        100,000        400,004        37,700,000        50,600,000   
* 

Commencement of operations.

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      85   


Table of Contents

Statements of Changes in Net Assets (continued)

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds

 

 

  

 

 

    

WisdomTree

Emerging Markets Quality

Dividend Growth Fund

   

WisdomTree

Emerging Markets SmallCap
Dividend Fund

   

WisdomTree

Global ex-U.S. Quality

Dividend Growth Fund

 
     For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

   

         

Net investment income

  $ 921,188      $ 756,365      $ 34,624,881      $ 50,505,978      $ 1,684,133      $ 1,483,803   

Net realized loss on investments, forward foreign currency contracts, foreign currency related transactions and payments by sub-advisor

    (5,928,957     (1,387,669     (79,585,435     (48,764,584     (3,819,787     (442,751

Net change in unrealized depreciation on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (320,045     (648,158     (136,497,751     (41,436,635     (4,165,945     (13,449

Net increase (decrease) in net assets resulting from operations

    (5,327,814     (1,279,462     (181,458,305     (39,695,241     (6,301,599     1,027,603   

DIVIDENDS:

           

Net investment income

    (905,013     (632,102     (33,004,695     (51,526,431     (1,522,376     (1,355,492

CAPITAL SHARE TRANSACTIONS:

           

Net proceeds from sale of shares

    12,300,542        27,936,634               197,770,356        5,295,418        24,669,241   

Cost of shares redeemed

    (15,344,613     (5,020,174     (304,738,228     (507,206,009     (17,798,647       

Net increase (decrease) in net assets resulting from capital share transactions

    (3,044,071     22,916,460        (304,738,228     (309,435,653     (12,503,229     24,669,241   

Net Increase (Decrease) in Net Assets

    (9,276,898     21,004,896        (519,201,228     (400,657,325     (20,327,204     24,341,352   

NET ASSETS:

           

Beginning of year

  $ 40,944,370      $ 19,939,474      $ 1,413,669,210      $ 1,814,326,535      $ 86,352,938      $ 62,011,586   

End of year

  $ 31,667,472      $ 40,944,370      $ 894,467,982      $ 1,413,669,210      $ 66,025,734      $ 86,352,938   

Undistributed net investment income included in net assets at end of year

  $ 85,033      $ 184,912      $ 740,433      $ 2,021,960      $ 162,461      $ 243,441   

SHARES CREATED AND REDEEMED:

           

Shares outstanding, beginning of year

    1,700,000        800,000        31,800,000        39,100,000        1,700,000        1,200,000   

Shares created

    600,000        1,100,000               4,200,000        100,000        500,000   

Shares redeemed

    (800,000     (200,000     (8,200,000     (11,500,000     (400,000       

Shares outstanding, end of year

    1,500,000        1,700,000        23,600,000        31,800,000        1,400,000        1,700,000   

 

See Notes to Financial Statements.

 

86   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

Global ex-U.S. Real Estate
Fund

   

WisdomTree

Global ex-U.S. Utilities Fund

   

WisdomTree

Global High Dividend Fund

 
     For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

   

         

Net investment income

  $ 3,542,097      $ 6,530,201      $ 673,879      $ 1,046,546      $ 4,302,558      $ 4,590,392   

Net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions

    812,064        5,637,464        (664,323     445,386        1,791,093        4,124,180   

Net change in unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (11,592,885     2,108,731        (1,368,430     (2,988,584     (11,959,793     (12,010,690

Net increase (decrease) in net assets resulting from operations

    (7,238,724     14,276,396        (1,358,874     (1,496,652     (5,866,142     (3,296,118

DIVIDENDS:

           

Net investment income

    (4,821,127     (5,988,422     (663,621     (1,013,012     (4,186,444     (4,555,009

CAPITAL SHARE TRANSACTIONS:

           

Net proceeds from sale of shares

    7,375,451        13,323,866        1,885,313        1,019,963        42,469,284        2,283,977   

Cost of shares redeemed

    (22,831,545     (27,775,762     (4,732,986     (8,632,891     (60,623,361     (16,241,360

Net decrease in net assets resulting from capital share transactions

    (15,456,094     (14,451,896     (2,847,673     (7,612,928     (18,154,077     (13,957,383

Net Decrease in Net Assets

    (27,515,945     (6,163,922     (4,870,168     (10,122,592     (28,206,663     (21,808,510

NET ASSETS:

           

Beginning of year

  $ 121,560,001      $ 127,723,923      $ 20,124,782      $ 30,247,374      $ 101,717,991      $ 123,526,501   

End of year

  $ 94,044,056      $ 121,560,001      $ 15,254,614      $ 20,124,782      $ 73,511,328      $ 101,717,991   

Undistributed (Distributions in excess of) net investment income included in net assets at end of year

  $ (1,429,445   $ (1,992,495   $ 41,377      $ 25,574      $ 201,294      $ 241,431   

SHARES CREATED AND REDEEMED:

           

Shares outstanding, beginning of year

    4,100,000        4,600,000        1,150,000        1,550,000        2,300,000        2,600,000   

Shares created

    250,000        450,000        100,000        50,000        1,000,000        50,000   

Shares redeemed

    (900,000     (950,000     (300,000     (450,000     (1,500,000     (350,000

Shares outstanding, end of year

    3,450,000        4,100,000        950,000        1,150,000        1,800,000        2,300,000   

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      87   


Table of Contents

Statements of Changes in Net Assets (concluded)

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds

 

 

  

 

 

    

WisdomTree

Global Natural Resources Fund

   

WisdomTree

India Earnings Fund

(consolidated)

   

WisdomTree

Middle East Dividend Fund

 
     For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

   

         

Net investment income

  $ 675,981      $ 785,038      $ 24,353,569      $ 18,603,043      $ 844,813      $ 1,635,873   

Net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions

    (5,294,005     (1,804,423     (96,597,810     45,657,435        (1,585,100     1,384,169   

Net change in unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    18,327        (4,353,442     (224,271,782     132,238,460        (2,928,535     (7,394,322

Net increase (decrease) in net assets resulting from operations

    (4,599,697     (5,372,827     (296,516,023     196,498,938        (3,668,822     (4,374,280

DIVIDENDS:

           

Net investment income

    (638,131     (818,563     (20,581,518     (13,679,148     (1,098,138     (1,679,464

CAPITAL SHARE TRANSACTIONS:

           

Net proceeds from sale of shares

    2,550,729        4,589,603        372,464,901        1,402,033,920               35,127,164   

Cost of shares redeemed

           (2,814,089     (952,172,686     (151,511,226     (8,922,913     (48,370,043

Payments by affiliates (Note 3)

                  14,984                        

Net increase (decrease) in net assets resulting from capital share transactions

    2,550,729        1,775,514        (579,692,801     1,250,522,694        (8,922,913     (13,242,879

Net Increase (Decrease) in Net Assets

    (2,687,099     (4,415,876     (896,790,342     1,433,342,484        (13,689,873     (19,296,623

NET ASSETS:

           

Beginning of year

  $ 17,966,974      $ 22,382,850      $ 2,372,406,125      $ 939,063,641      $ 34,420,488      $ 53,717,111   

End of year

  $ 15,279,875      $ 17,966,974      $ 1,475,615,783      $ 2,372,406,125      $ 20,730,615      $ 34,420,488   

Undistributed net investment income included in net assets at end of year

  $ 36,247      $ 1,817      $ 7,530,595      $ 4,961,413      $ 581,332      $ 852,852   

SHARES CREATED AND REDEEMED:

           

Shares outstanding, beginning of year

    1,150,000        1,050,000        104,800,000        49,600,000        1,700,000        2,400,000   

Shares created

    150,000        250,000        17,800,000        62,000,000               1,500,000   

Shares redeemed

           (150,000     (46,600,000     (6,800,000     (500,000     (2,200,000

Shares outstanding, end of year

    1,300,000        1,150,000        76,000,000        104,800,000        1,200,000        1,700,000   

 

See Notes to Financial Statements.

 

88   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


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
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
     For the
Period Ended
March 31, 2014
     For the
Period Ended
March 28, 2013
     For the
Year Ended
March 31, 20121
 

Net asset value, beginning of period

   $ 67.20       $ 65.72       $ 68.70       $ 64.05       $ 67.99   

Investment operations:

              

Net investment income2

     2.14         2.29         2.25         2.27         2.14   

Net realized and unrealized gain (loss)

     (10.20      1.46         (3.01      4.65         (3.85

Total from investment operations

     (8.06      3.75         (0.76      6.92         (1.71

Dividends to shareholders:

              

Net investment income

     (2.06      (2.27      (2.22      (2.27      (2.23

Net asset value, end of period

   $ 57.08       $ 67.20       $ 65.72       $ 68.70       $ 64.05   

TOTAL RETURN3

     (12.06 )%4       5.71      (0.98 )%       11.18      (2.22 )% 

RATIOS/SUPPLEMENTAL DATA:

              

Net assets, end of period (000’s omitted)

   $ 45,665       $ 47,037       $ 52,579       $ 96,187       $ 89,672   

Ratios to average net assets5 of:

              

Expenses6

     0.48      0.49 %7       0.48 %8       0.48 %8       0.48

Net investment income

     3.59      3.36      3.35 %8       3.53 %8       3.42

Portfolio turnover rate9

     24      17      21      26      60

 

         
WisdomTree China ex-State-Owned
Enterprises Fund
   For the
Year Ended
March 31, 201610
     For the
Year Ended
March 31, 2015
     For the
Period Ended
March 31, 2014
     For the Period
September 19, 2012*
through
March 28, 2013
 

Net asset value, beginning of period

   $ 55.28       $ 49.70       $ 51.90       $ 50.02   

Investment operations:

           

Net investment income2

     1.25         1.33         1.39         (0.14

Net realized and unrealized gain (loss)

     (8.59      5.48         (2.15      2.02   

Total from investment operations

     (7.34      6.81         (0.76      1.88   

Dividends to shareholders:

           

Net investment income

     (1.19      (1.23      (1.44        

Net asset value, end of period

   $ 46.75       $ 55.28       $ 49.70       $ 51.90   

TOTAL RETURN3

     (13.40 )%       13.86      (1.32 )%       3.76

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

   $ 9,351       $ 16,585       $ 17,396       $ 36,331   

Ratios to average net assets of:

           

Expenses, net of expense waivers

     0.57 %12       0.64 %11       0.63 %8       0.63 %8 

Expenses, prior to expense waivers

     0.63      0.64 %11       0.63 %8       0.63 %8 

Net investment income (loss)

     2.42      2.53      2.75 %8       (0.51 )%8 

Portfolio turnover rate9

     143      30      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. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

4 

Includes a voluntary reimbursement from the sub-adviser for investment losses on certain foreign exchange transactions during the period. Excluding this voluntary reimbursement, total return would have been unchanged.

 

5 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

6 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

7 

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been 0.48%.

8 

Annualized.

 

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 the portfolio turnover calculation as well.

 

10 

The information reflects the investment objective and strategy of the WisdomTree China Dividend ex-Financials Fund through June 30, 2015 and the investment objective and strategy of the WisdomTree China ex-State-Owned Enterprises Fund thereafter.

 

11 

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been 0.63%.

 

12 

Effective July 1, 2015, the investment advisor contractually agreed to limit the advisory fee to 0.53% through July 31, 2016, unless earlier terminated by the Board of Trustees of the Trust.

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      89   


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
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
     For the
Period Ended
March 31, 2014
     For the
Period Ended
March 28, 2013
     For the
Year Ended
March 31, 20121
 

Net asset value, beginning of period

   $ 25.21       $ 30.75       $ 32.00       $ 31.44       $ 33.21   

Investment operations:

              

Net investment income2

     0.87         1.25         1.14         1.13         1.09   

Net realized and unrealized gain (loss)

     (2.98      (5.49      (1.29      0.56         (1.76

Total from investment operations

     (2.11      (4.24      (0.15      1.69         (0.67

Dividends to shareholders:

              

Net investment income

     (0.84      (1.30      (1.10      (1.13      (1.10

Net asset value, end of period

   $ 22.26       $ 25.21       $ 30.75       $ 32.00       $ 31.44   

TOTAL RETURN3

     (8.30 )%       (14.32 )%       (0.22 )%       5.72      (1.77 )% 

RATIOS/SUPPLEMENTAL DATA:

              

Net assets, end of period (000’s omitted)

   $ 6,679       $ 11,346       $ 21,522       $ 23,999       $ 31,439   

Ratios to average net assets4 of:

              

Expenses5

     0.58      0.59 %6       0.58 %7       0.58 %7       0.58

Net investment income

     3.82      4.25      3.75 %7       3.71 %7       3.52

Portfolio turnover rate8

     24      20      23      22      116

 

       
WisdomTree Emerging Markets Consumer Growth Fund    For the
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
     For the Period
September 27, 2013*
through
March 31, 2014
 

Net asset value, beginning of period

   $ 24.89       $ 24.56       $ 24.79   

Investment operations:

        

Net investment income2

     0.52         0.48         0.17   

Net realized and unrealized gain (loss)

     (4.28      0.32         (0.33

Total from investment operations

     (3.76      0.80         (0.16

Dividends to shareholders:

        

Net investment income

     (0.53      (0.47      (0.07

Net asset value, end of period

   $ 20.60       $ 24.89       $ 24.56   

TOTAL RETURN3

     (15.21 )%       3.24      (0.63 )% 

RATIOS/SUPPLEMENTAL DATA:

        

Net assets, end of period (000’s omitted)

   $ 12,357       $ 19,912       $ 19,647   

Ratios to average net assets of:

        

Expenses

     0.63      0.64 %9       0.63 %7 

Net investment income

     2.39      1.88      1.46 %7 

Portfolio turnover rate8

     49      41      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. For the periods in which the investment advisor waived advisory fees for the WisdomTree Commodity Country Equity Fund, the total return would have been lower if certain expenses had not been waived (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 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

6 

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been 0.58%.

7 

Annualized.

 

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 the portfolio turnover calculation as well.

 

9 

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been 0.63%.

 

See Notes to Financial Statements.

 

90   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 ex-State-Owned Enterprises Fund    For the
Year Ended
March 31, 2016
     For the Period
December 10, 2014*
through
March 31, 2015
 

Net asset value, beginning of period

   $ 25.17       $ 24.59   

Investment operations:

     

Net investment income1

     0.35         0.07   

Net realized and unrealized gain (loss)

     (3.24      0.56   

Total from investment operations

     (2.89      0.63   

Dividends to shareholders:

     

Net investment income

     (0.80      (0.05

Net asset value, end of period

   $ 21.48       $ 25.17   

TOTAL RETURN2

     (11.69 )%       2.57

RATIOS/SUPPLEMENTAL DATA:

     

Net assets, end of period (000’s omitted)

   $ 2,148       $ 10,069   

Ratios to average net assets of:

     

Expenses

     0.58      0.58 %3 

Net investment income

     1.48      0.88 %3 

Portfolio turnover rate4

     46      2

 

           
WisdomTree Emerging
Markets High
Dividend Fund
   For the
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
     For the
Period Ended
March 31, 2014
     For the
Period Ended
March 28, 2013
     For the
Year Ended
March 31, 2012
 

Net asset value, beginning of period

   $ 42.68       $ 49.23       $ 54.81       $ 57.34       $ 60.51   

Investment operations:

              

Net investment income1

     1.76         2.16         2.16         1.78         2.25   

Net realized and unrealized loss

     (7.74      (6.57      (5.60      (2.50      (3.11

Total from investment operations

     (5.98      (4.41      (3.44      (0.72      (0.86

Dividends to shareholders:

              

Net investment income

     (1.65      (2.14      (2.14      (1.81      (2.31

Net asset value, end of period

   $ 35.05       $ 42.68       $ 49.23       $ 54.81       $ 57.34   

TOTAL RETURN2

     (14.07 )%       (9.40 )%       (6.22 )%       (1.05 )%       (1.03 )% 

RATIOS/SUPPLEMENTAL DATA:

              

Net assets, end of period (000’s omitted)

   $ 1,321,221       $ 2,159,557       $ 3,888,854       $ 5,475,068       $ 3,640,891   

Ratios to average net assets5 of:

              

Expenses6

     0.63      0.64 %7       0.63 %3       0.63 %3       0.63

Net investment income

     4.64      4.45      4.20 %3       3.32 %3       4.12

Portfolio turnover rate4

     43      39      39      47      37
* 

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. For the periods in which the investment advisor waived advisory fees for the WisdomTree Emerging Markets High Dividend Fund, the total return would have been lower if certain expenses had not been waived (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 the portfolio turnover calculation as well.

 

5 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

6 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

7 

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been 0.63%.

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      91   


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 Quality Dividend Growth Fund    For the
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
     For the Period
August 1, 2013*
through
March 31, 2014
 

Net asset value, beginning of period

   $ 24.08       $ 24.92       $ 25.22   

Investment operations:

        

Net investment income1

     0.55         0.61         0.33   

Net realized and unrealized loss

     (2.94      (0.87      (0.42

Total from investment operations

     (2.39      (0.26      (0.09

Dividends to shareholders:

        

Net investment income

     (0.58      (0.58      (0.21

Net asset value, end of period

   $ 21.11       $ 24.08       $ 24.92   

TOTAL RETURN2

     (9.89 )%3       (1.19 )%       (0.33 )% 

RATIOS/SUPPLEMENTAL DATA:

        

Net assets, end of period (000’s omitted)

   $ 31,667       $ 40,944       $ 19,939   

Ratios to average net assets of:

        

Expenses

     0.63      0.64 %4       0.63 %5 

Net investment income

     2.59      2.42      2.03 %5 

Portfolio turnover rate6

     62      47      3

 

           
WisdomTree Emerging Markets
SmallCap Dividend Fund
   For the
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
     For the
Period Ended
March 31, 2014
     For the
Period Ended
March 28, 2013
     For the
Year Ended
March 31, 2012
 

Net asset value, beginning of period

   $ 44.46       $ 46.40       $ 51.18       $ 47.80       $ 53.30   

Investment operations:

              

Net investment income1

     1.24         1.32         1.40         1.15         1.47   

Net realized and unrealized gain (loss)

     (6.65      (1.97      (4.57      3.69         (5.31

Total from investment operations

     (5.41      (0.65      (3.17      4.84         (3.84

Dividends to shareholders:

              

Net investment income

     (1.15      (1.29      (1.61      (1.46      (1.66

Net asset value, end of period

   $ 37.90       $ 44.46       $ 46.40       $ 51.18       $ 47.80   

TOTAL RETURN2

     (12.20 )%       (1.51 )%       (6.08 )%       10.58      (6.88 )% 

RATIOS/SUPPLEMENTAL DATA:

              

Net assets, end of period (000’s omitted)

   $ 894,468       $ 1,413,669       $ 1,814,327       $ 1,474,099       $ 1,022,868   

Ratios to average net assets7 of:

              

Expenses8

     0.63      0.64 %4       0.63 %5       0.63 %5       0.63 %9 

Net investment income

     3.13      2.84      2.96 %5       2.49 %5       3.13

Portfolio turnover rate6

     52      42      26      44      53
* 

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. For the periods in which the investment advisor waived advisory fees for the WisdomTree Emerging Markets SmallCap Dividend Fund, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

Includes a voluntary reimbursement from the sub-adviser for investment losses on certain foreign exchange transactions during the period. Excluding this voluntary reimbursement, total return would have been unchanged.

 

4 

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been 0.63%.

 

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 the portfolio turnover calculation as well.

 

7 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

8 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

9 

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.

 

See Notes to Financial Statements.

 

92   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.
Quality Dividend Growth Fund
   For the
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
     For the
Period Ended
March 31, 2014
     For the
Period Ended
March 28, 2013
     For the
Year Ended
March 31, 2012
 

Net asset value, beginning of period

   $ 50.80       $ 51.68       $ 51.75       $ 50.70       $ 54.94   

Investment operations:

              

Net investment income1

     1.02         1.05         1.38         1.34         1.39   

Net realized and unrealized gain (loss)

     (3.75      (0.91      (0.19      1.08         (4.32

Total from investment operations

     (2.73      0.14         1.19         2.42         (2.93

Dividends to shareholders:

              

Net investment income

     (0.91      (1.02      (1.26      (1.37      (1.31

Net asset value, end of period

   $ 47.16       $ 50.80       $ 51.68       $ 51.75       $ 50.70   

TOTAL RETURN2

     (5.42 )%       0.24      2.53      5.03      (5.20 )% 

RATIOS/SUPPLEMENTAL DATA:

              

Net assets, end of period (000’s omitted)

   $ 66,026       $ 86,353       $ 62,012       $ 87,977       $ 55,774   

Ratios to average net assets3 of:

              

Expenses

     0.58 %4,5       0.59 %5,6       0.58 %7       0.58 %5,7       0.58 %5,8 

Net investment income

     2.15      2.05      2.73 %7       2.72 %7       2.73

Portfolio turnover rate9

     61      64      93      59      28

 

           
WisdomTree Global
ex-U.S.
Real Estate Fund
   For the
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
     For the
Period Ended
March 31, 2014
     For the
Period Ended
March 28, 2013
     For the
Year Ended
March 31, 201210
 

Net asset value, beginning of period

   $ 29.65       $ 27.77       $ 29.90       $ 26.40       $ 28.86   

Investment operations:

              

Net investment income1

     0.89         1.54         0.96         0.97         1.15   

Net realized and unrealized gain (loss)

     (2.08      1.75         (1.84      4.87         (2.32

Total from investment operations

     (1.19      3.29         (0.88      5.84         (1.17

Dividends and distributions to shareholders:

              

Net investment income

     (1.20      (1.41      (1.17      (2.34      (1.21

Return of capital

                     (0.08              (0.08

Total dividends and distributions to shareholders

     (1.20      (1.41      (1.25      (2.34      (1.29

Net asset value, end of period

   $ 27.26       $ 29.65       $ 27.77       $ 29.90       $ 26.40   

TOTAL RETURN2

     (3.89 )%       12.08      (2.70 )%       22.62      (3.99 )% 

RATIOS/SUPPLEMENTAL DATA:

              

Net assets, end of period (000’s omitted)

   $ 94,044       $ 121,560       $ 127,724       $ 113,631       $ 108,221   

Ratios to average net assets3 of:

              

Expenses

     0.58 %4       0.59 %5,6       0.58 %5,7       0.58 %5,7       0.58 %5 

Net investment income

     3.22      5.21      3.37 %7       3.42 %7       4.36

Portfolio turnover rate9

     32      26      18      23      43
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. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

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 professional expenses. Without these expenses, the expense ratio would have been unchanged.

 

5 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

6 

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been 0.58%.

 

7 

Annualized.

 

8 

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.

 

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 the portfolio turnover calculation as well.

 

10 

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.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      93   


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
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
     For the
Period Ended
March 31, 2014
     For the
Period Ended
March 28, 2013
     For the
Year Ended
March 31, 20121
 

Net asset value, beginning of period

   $ 17.50       $ 19.51       $ 17.83       $ 18.90       $ 21.33   

Investment operations:

              

Net investment income2

     0.59         0.85         0.76         0.74         0.87   

Net realized and unrealized gain (loss)

     (1.48      (2.03      1.69         (1.07      (2.45

Total from investment operations

     (0.89      (1.18      2.45         (0.33      (1.58

Dividends to shareholders:

              

Net investment income

     (0.55      (0.83      (0.77      (0.74      (0.85

Net asset value, end of period

   $ 16.06       $ 17.50       $ 19.51       $ 17.83       $ 18.90   

TOTAL RETURN3

     (5.18 )%       (6.44 )%       14.34      (1.54 )%       (7.41 )% 

RATIOS/SUPPLEMENTAL DATA:

              

Net assets, end of period (000’s omitted)

   $ 15,255       $ 20,125       $ 30,247       $ 37,434       $ 30,241   

Ratios to average net assets4 of:

              

Expenses

     0.58 %5       0.59 %6,7       0.58 %8       0.58 %7,8       0.58 %7 

Net investment income

     3.54      4.41      4.18 %8       4.21 %8       4.48

Portfolio turnover rate9

     32      36      37      33      66

 

           
WisdomTree Global High
Dividend Fund
   For the
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
     For the
Period Ended
March 31, 2014
     For the
Period Ended
March 28, 2013
     For the
Year Ended
March 31, 2012
 

Net asset value, beginning of period

   $ 44.23       $ 47.51       $ 44.03       $ 41.50       $ 44.66   

Investment operations:

              

Net investment income2

     1.76         1.83         2.11         1.68         1.86   

Net realized and unrealized gain (loss)

     (3.43      (3.28      3.46         2.51         (3.14

Total from investment operations

     (1.67      (1.45      5.57         4.19         (1.28

Dividends to shareholders:

              

Net investment income

     (1.72      (1.83      (2.09      (1.66      (1.88

Net asset value, end of period

   $ 40.84       $ 44.23       $ 47.51       $ 44.03       $ 41.50   

TOTAL RETURN3

     (3.77 )%       (3.23 )%       13.13      10.51      (2.70 )% 

RATIOS/SUPPLEMENTAL DATA:

              

Net assets, end of period (000’s omitted)

   $ 73,511       $ 101,718       $ 123,527       $ 103,473       $ 91,304   

Ratios to average net assets4 of:

              

Expenses7

     0.58 %5       0.59 %6       0.58 %8       0.58 %8       0.58

Net investment income

     4.19      3.91      4.60 %8       4.10 %8       4.53

Portfolio turnover rate9

     56      30      25      32      25
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. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

4 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

5 

Included in the expense ratio are non-recurring professional expenses. Without these expenses, the expense ratio would have been unchanged.

 

6 

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been 0.58%.

 

7 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

8 

Annualized.

 

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 the portfolio turnover calculation as well.

 

See Notes to Financial Statements.

 

94   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 Natural Resources Fund   For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Period Ended
March 31, 2014
    For the
Period Ended
March 28, 2013
    For the
Year Ended
March 31, 20121
 

Net asset value, beginning of period

  $ 15.62      $ 21.32      $ 22.69      $ 25.16      $ 29.86   

Investment operations:

         

Net investment income2

    0.52        0.72        0.74        0.80        0.93   

Net realized and unrealized loss

    (3.90     (5.67     (1.39     (2.45     (4.74

Total from investment operations

    (3.38     (4.95     (0.65     (1.65     (3.81

Dividends and distributions to shareholders:

         

Net investment income

    (0.49     (0.75     (0.72     (0.82     (0.89

Return of capital

                         (0.00 )3        

Total dividends and distributions to shareholders

    (0.49     (0.75     (0.72     (0.82     (0.89

Net asset value, end of period

  $ 11.75      $ 15.62      $ 21.32      $ 22.69      $ 25.16   

TOTAL RETURN4

    (21.91 )%      (23.84 )%      (2.72 )%      (6.55 )%      (12.70 )% 

RATIOS/SUPPLEMENTAL DATA:

         

Net assets, end of period (000’s omitted)

  $ 15,280      $ 17,967      $ 22,383      $ 24,964      $ 31,452   

Ratios to average net assets5 of:

         

Expenses6

    0.58 %7      0.59 %8      0.58 %9      0.58 %9      0.58

Net investment income

    3.95     3.64     3.45 %9      3.45 %9      3.54

Portfolio turnover rate10

    40     34     30     38     99

 

           
WisdomTree India Earnings Fund (consolidated)   For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2014
    For the
Year Ended
March 31, 2013
    For the
Year Ended
March 31, 2012
 

Net asset value, beginning of year

  $ 22.64      $ 18.93      $ 17.97      $ 19.24      $ 24.87   

Investment operations:

         

Net investment income2

    0.26        0.22        0.25        0.17        0.19   

Net realized and unrealized gain (loss)

    (3.26     3.65        0.94        (1.29     (5.65

Total from investment operations

    (3.00     3.87        1.19        (1.12     (5.46

Dividends to shareholders:

         

Net investment income

    (0.22     (0.16     (0.23     (0.15     (0.17

Net asset value, end of year

  $ 19.42      $ 22.64      $ 18.93      $ 17.97      $ 19.24   

TOTAL RETURN4

    (13.31 )%11      20.44     6.81     (5.80 )%      (21.96 )% 

RATIOS/SUPPLEMENTAL DATA:

         

Net assets, end of year (000’s omitted)

  $ 1,475,616      $ 2,372,406      $ 939,064      $ 1,071,074      $ 916,024   

Ratios to average net assets of:

         

Expenses, net of expense reimbursements

    0.84 %12      0.84 %12,13      0.84 %12      0.84 %14      0.76 %14,15 

Expenses, prior to expense reimbursements

    0.84 %12      0.84 %12,13      0.84 %12      0.86 %14      0.82 %14 

Net investment income

    1.28     0.99     1.49     0.91     0.91

Portfolio turnover rate10

    38     26     43     27     32
1 

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.

 

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. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

5 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

6 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

7 

Included in the expense ratio are non-recurring professional expenses. Without these expenses, the expense ratio would have been unchanged.

 

8 

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been 0.58%.

 

9 

Annualized.

 

10 

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 the portfolio turnover calculation as well.

 

11 

Includes a reimbursement from the sub-adviser for operating losses on a creation that took place during the period when the NAV was understated. Excluding this reimbursement, total return would have been unchanged.

 

12 

Includes interest expense of 0.01%, 0.01% and 0.01% for the fiscal years ended 2016, 2015 and 2014, respectively.

 

13 

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been unchanged.

 

14 

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% and 0.06% for the fiscal years ended 2013 and 2012, respectively.

 

15 

During the period, the Fund was reimbursed for certain expenses that occurred during the previous fiscal year.

 

See Notes to Financial Statements.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      95   


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 Middle East
Dividend Fund
   For the
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
     For the
Period Ended
March 31, 2014
     For the
Period Ended
March 28, 2013
     For the
Year Ended
March 31, 2012
 

Net asset value, beginning of period

   $ 20.25       $ 22.38       $ 16.11       $ 15.60       $ 16.31   

Investment operations:

              

Net investment income1

     0.58         0.67         1.28         0.63         0.83   

Net realized and unrealized gain (loss)

     (2.85      (2.06      5.71         0.59         (0.61

Total from investment operations

     (2.27      (1.39      6.99         1.22         0.22   

Dividends to shareholders:

              

Net investment income

     (0.70      (0.74      (0.72      (0.71      (0.93

Net asset value, end of period

   $ 17.28       $ 20.25       $ 22.38       $ 16.11       $ 15.60   

TOTAL RETURN2

     (11.57 )%       (6.28 )%       44.12      8.46      1.35

RATIOS/SUPPLEMENTAL DATA:

              

Net assets, end of period (000’s omitted)

   $ 20,731       $ 34,420       $ 53,717       $ 14,498       $ 14,038   

Ratios to average net assets of:

              

Expenses, net of expense waivers

     0.88      0.89 %3       0.88 %4       0.88 %4       0.88

Expenses, prior to expense waivers

     0.88      0.89 %3       0.88 %4       1.35 %4       1.83

Net investment income

     3.13      2.93      6.61 %4       4.26 %4       5.31

Portfolio turnover rate5

     25      89      26      52      37
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. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been 0.88%.

 

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 the portfolio turnover calculation as well.

 

See Notes to Financial Statements.

 

96   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

Notes to Financial Statements

 

1. ORGANIZATION

WisdomTree Trust (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Trust was established as a Delaware statutory trust on December 15, 2005. As of March 31, 2016, the Trust offered 91 investment funds (each a “Fund”, collectively, the “Funds”). In accordance with Accounting Standard Update (“ASU”) 2013-08, Financial Services-Investment Companies, each Fund listed below 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 ex-State-Owned Enterprises Fund (“China ex-State-Owned Enterprises Fund”)
(formerly, WisdomTree 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 ex-State-Owned Enterprises Fund (“Emerging Markets ex-State-Owned Enterprises Fund”)

     December 10, 2014   

WisdomTree Emerging Markets High Dividend Fund (“Emerging Markets High Dividend Fund”)
(formerly, WisdomTree Emerging Markets Equity Income Fund)

     July 13, 2007   

WisdomTree Emerging Markets Quality Dividend Growth Fund (“Emerging Markets Quality Dividend Growth Fund”)
(formerly, WisdomTree Emerging Markets Dividend Growth Fund)

     August 1, 2013   

WisdomTree Emerging Markets SmallCap Dividend Fund (“Emerging Markets SmallCap Dividend Fund”)

     October 30, 2007   

WisdomTree Global ex-U.S. Quality Dividend Growth Fund (“Global ex-U.S. Quality Dividend Growth Fund”)
(formerly, WisdomTree 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 High Dividend Fund (“Global High Dividend Fund”)
(formerly, WisdomTree Global Equity Income Fund)

     June 16, 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 (“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”).

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.

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

 

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Notes to Financial Statements (continued)

 

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.

Basis of Consolidation — The financial statements for the India Earnings Fund include the accounts of a wholly-owned and controlled Mauritius subsidiary (the “Subsidiary”). The Fund’s accompanying financial statements reflect the financial position and the results of operations on a consolidated basis with its Subsidiary. All intercompany accounts and transactions have been eliminated in the consolidation.

Investment Valuation — The net asset value (“NAV”) of each Fund’s shares is calculated each day a Fund is open for business as of the regularly scheduled close of regular trading on the New York Stock Exchange, normally 4:00 p.m. Eastern time (the “NAV Calculation Time”). NAV per share is calculated by dividing a Fund’s net assets by the number of Fund shares outstanding. Each Fund issues and redeems shares at NAV only in large blocks of shares known as creation units, which only certain institutions 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 in the secondary market through brokers. Because Fund shares trade at market prices rather than NAV, shares may trade at a price greater than NAV or less than NAV. In calculating each Fund’s NAV, investments are valued under policies approved by the Board of Trustees. 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. Each Fund may invest in money market funds which are valued at their NAV per share and affiliated exchange-traded funds (“ETFs” or “ETF”) which are valued at their last sale or official closing price on the exchange on which they are principally traded or at their NAV per share in instances where the affiliated ETF has not traded on its principal exchange. Fixed income securities (including short-term debt securities with remaining maturities of 60 days or less) generally are valued at current market quotations or mean prices obtained from broker-dealers or independent pricing service providers. Broker-dealers or independent pricing service providers, in determining the value of securities may consider such factors as recent transactions, indications from broker-dealers yields and quoted prices on similar securities, and market sentiment for the type of security. Forward foreign currency contracts are valued daily using WM/Reuters closing spot and forward rates as of 4:00 p.m. London 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, which include derivatives, 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). 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)

 

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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. 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, 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 March 31, 2016 in valuing each Fund’s assets:

 

Asia Pacific ex-Japan Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 43,951,190       $       $   

Exchange-Traded Funds and Notes

     1,431,589                   

Investment of Cash Collateral for Securities Loaned

             489,837           

Total

   $ 45,382,779       $ 489,837       $   

Unrealized Depreciation on Forward Foreign Currency Contracts

             (55        

Total - Net

   $ 45,382,779       $ 489,782       $   
        
China ex-State-Owned Enterprises Fund    Level 1      Level 2      Level 3  

Common Stocks

                          

Communications Equipment

   $       $       $ 31,034 ** 

Semiconductors & Semiconductor Equipment

     62,079                 6,472 ** 

Other*

     9,246,067                   

Investment of Cash Collateral for Securities Loaned

             900,596           

Total

   $ 9,308,146       $ 900,596       $ 37,506   

 

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Notes to Financial Statements (continued)

 

Commodity Country Equity Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 6,556,570       $       $   

Rights*

     133                   

Exchange-Traded Fund

     73,941                   

Investment of Cash Collateral for Securities Loaned

             336,033           

Total

   $ 6,630,644       $ 336,033       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             5           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (4,681        

Total - Net

   $ 6,630,644       $ 331,357       $   
        
Emerging Markets Consumer Growth Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 12,314,016       $       $   

Warrants*

     49                   

Investment of Cash Collateral for Securities Loaned

             269,888           

Total

   $ 12,314,065       $ 269,888       $   

Unrealized Depreciation on Forward Foreign Currency Contracts

             (63        

Total - Net

   $ 12,314,065       $ 269,825       $   
        
Emerging Markets ex-State-Owned Enterprises Fund    Level 1      Level 2      Level 3  

Common Stocks

                          

China

   $ 557,612       $       $ 3,068 ** 

India

     195,214                 649 ** 

Other*

     1,383,702                   

Rights*

     7                   

Investment of Cash Collateral for Securities Loaned

             5,855           

Total

   $ 2,136,535       $ 5,855       $ 3,717   

Unrealized Appreciation on Forward Foreign Currency Contracts

             2           

Total - Net

   $ 2,136,535       $ 5,857       $ 3,717   
        
Emerging Markets High Dividend Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 1,318,764,162       $       $   

Investment of Cash Collateral for Securities Loaned

             59,328,633           

Total

   $ 1,318,764,162       $ 59,328,633       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             3,271           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (24,703        

Total - Net

   $ 1,318,764,162       $ 59,307,201       $   
                      
Emerging Markets Quality Dividend Growth Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 30,376,197       $       $   

Warrants*

     691                   

Exchange-Traded Note

     1,176,559                   

Investment of Cash Collateral for Securities Loaned

             994,811           

Total

   $ 31,553,447       $ 994,811       $   

 

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Notes to Financial Statements (continued)

 

Emerging Markets SmallCap Dividend Fund    Level 1      Level 2      Level 3  

Common Stocks

                          

China

   $ 169,873,160       $       $ 851,438 ** 

Other*

     714,240,350                   

Warrants*

     36,907                   

Exchange-Traded Note

     5,180,363                   

Investment of Cash Collateral for Securities Loaned

             47,246,610           

Total

   $ 889,330,780       $ 47,246,610       $ 851,438   

Unrealized Appreciation on Forward Foreign Currency Contracts

             10,550           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (4        

Total - Net

   $ 889,330,780       $ 47,257,156       $ 851,438   
                      
Global ex-U.S. Quality Dividend Growth Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 64,051,498       $       $   

Exchange-Traded Funds and Notes

     1,650,889                   

Investment of Cash Collateral for Securities Loaned

             3,457,503           

Total

   $ 65,702,387       $ 3,457,503       $   
                      
Global ex-U.S. Real Estate Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 93,700,593       $       $   

Exchange-Traded Funds and Notes

     76,634                   

Investment of Cash Collateral for Securities Loaned

             3,611,625           

Total

   $ 93,777,227       $ 3,611,625       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             9           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (8        

Total - Net

   $ 93,777,227       $ 3,611,626       $   
                      
Global ex-U.S. Utilities Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 15,052,604       $       $   

Exchange-Traded Funds and Notes

     152,636                   

Investment of Cash Collateral for Securities Loaned

             1,443,263           

Total

   $ 15,205,240       $ 1,443,263       $   
                      
Global High Dividend Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 73,122,074       $       $   

Investment of Cash Collateral for Securities Loaned

             1,172,860           

Total

   $ 73,122,074       $ 1,172,860       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             375           

Total - Net

   $ 73,122,074       $ 1,173,235       $   
        
Global Natural Resources Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 15,044,112       $       $   

Exchange-Traded Funds and Notes

     176,529                   

Investment of Cash Collateral for Securities Loaned

             1,133,085           

Total

   $ 15,220,641       $ 1,133,085       $   

Unrealized Appreciation on Forward Foreign Currency Contracts

             28           

Unrealized Depreciation on Forward Foreign Currency Contracts

             (6        

Total - Net

   $ 15,220,641       $ 1,133,107       $   

 

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Table of Contents

Notes to Financial Statements (continued)

 

 

India Earnings Fund (consolidated)    Level 1      Level 2      Level 3  

Common Stocks*

                          

Chemicals

   $ 27,061,160       $       $ 18,511 ** 

Health Care Providers & Services

     2,587,219                 163,670 ** 

Household Durables

     1,035,401                 404,929 ** 

Other*

     1,443,052,387                   

Total

   $ 1,473,736,167       $       $ 587,110   
                      
Middle East Dividend Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 20,300,179       $       $   

Rights*

     6,989                   

Convertible Bonds

             22,284           

Total

   $ 20,307,168       $ 22,284       $   

Unrealized Depreciation on Forward Foreign Currency Contracts

             (77        

Total - Net

   $ 20,307,168       $ 22,207       $   
  * Please refer to the Schedule of Investments for a breakdown of the valuation by industry type and country.

 

  ** Security is being fair valued by the Pricing Committee.

The following is a summary of transfers between fair value measurement levels that occurred during fiscal year ended March 31, 2016. The Funds have elected to use the beginning of period method for transfers between fair value measurement levels.

 

      Transfers from
Level 1 to Level 31
     Transfers from
Level 2 to Level 12
 

China ex-State-Owned Enterprises Fund

   $ 451,946       $ 75,019   

Emerging Markets Consumer Growth Fund

             59,942   

Emerging Markets ex-State-Owned Enterprises Fund

     100,544         11,670   

Emerging Markets SmallCap Dividend Fund

             1,173,629   
  1

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 as of March 31, 2016.

 

  2

Transfers from Level 2 to Level 1 are as a result of the availability of a quoted price in an active market for identical investments as of March 31, 2016.

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 during the year ended March 31, 2016 which are detailed in each Fund’s schedule of investments. All of the derivative instruments disclosed and described herein are subject to risk. Risks may arise upon entering into forward foreign currency contracts from potential inability of a counterparty to meet the terms of their contracts and from unanticipated movements in the value of the foreign currencies relative to the U.S. dollar or each other. 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 March 31, 2016 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 on pages 107 and 108. At March 31, 2016, 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.

 

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Notes to Financial Statements (continued)

 

As of March 31, 2016, the effects of such derivative instruments on each Fund’s financial position as reflected in the Statements of Assets and Liabilities are presented in the summary below:

 

      Asset Derivatives      Liability Derivatives  
Fund    Balance Sheet Location    Value      Balance Sheet Location    Value  

Asia Pacific ex-Japan Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts    $       Unrealized depreciation on forward foreign currency contracts    $ 55   

Commodity Country Equity Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      5       Unrealized depreciation on forward foreign currency contracts      4,681   

Emerging Markets Consumer Growth Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts            Unrealized depreciation on forward foreign currency contracts      63   

Emerging Markets ex-State-Owned Enterprises Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      2       Unrealized depreciation on forward foreign currency contracts        

Emerging Markets High Dividend Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      3,271       Unrealized depreciation on forward foreign currency contracts      24,703   

Emerging Markets SmallCap Dividend Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      10,550       Unrealized depreciation on forward foreign currency contracts      4   

Global ex-U.S. Real Estate Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      9       Unrealized depreciation on forward foreign currency contracts      8   

Global High Dividend Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      375       Unrealized depreciation on forward foreign currency contracts        

Global Natural Resources Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts      28       Unrealized depreciation on forward foreign currency contracts      6   

Middle East Dividend Fund

           

Foreign exchange contracts

   Unrealized appreciation on forward foreign currency contracts            Unrealized depreciation on forward foreign currency contracts      77   

For the fiscal year ended March 31, 2016, 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

   $ 24,066       $ 113   

China ex-State-Owned Enterprises Fund

     

Foreign exchange contracts

     166         3   

Commodity Country Equity Fund

     

Foreign exchange contracts

     (8,656      (4,641

Emerging Markets Consumer Growth Fund

     

Foreign exchange contracts

     1,663         (843

Emerging Markets ex-State-Owned Enterprises Fund

     

Foreign exchange contracts

     2,586         2   

Emerging Markets High Dividend Fund

     

Foreign exchange contracts

     930,574         (15,857

Emerging Markets Quality Dividend Growth Fund

     

Foreign exchange contracts

     26,995         (262

Emerging Markets SmallCap Dividend Fund

     

Foreign exchange contracts

     821,724         7,138   

Global ex-U.S. Quality Dividend Growth Fund

     

 

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Table of Contents

Notes to Financial Statements (continued)

 

Fund    Amount of Realized Gain
or (Loss) on  Derivatives
Recognized1
     Change in Unrealized
Appreciation or (Depreciation)  on
Derivatives Recognized2
 

Foreign exchange contracts

   $ 221,174       $   

Global ex-U.S. Real Estate Fund

     

Foreign exchange contracts

     64,296         1,828   

Global ex-U.S. Utilities Fund

     

Foreign exchange contracts

     (18,461      9   

Global High Dividend Fund

     

Foreign exchange contracts

     167,749         408   

Global Natural Resources Fund

     

Foreign exchange contracts

     16,763         12   

India Earnings Fund (consolidated)

     

Foreign exchange contracts

     (2,420,303        

Middle East Dividend Fund

     

Foreign exchange contracts

     (15,827      (45
  1 

Realized gains (losses) on derivatives are located on the Statements 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 Statements of Operations as follows:

 

Foreign exchange contracts

   Net change in unrealized appreciation (depreciation) from forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

During the fiscal year ended March 31, 2016, 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

   $ 13,318       $ 10,668   

China ex-State-Owned Enterprises Fund

     

Foreign exchange contracts

     167         2,476   

Commodity Country Equity Fund

     

Foreign exchange contracts

     4,417         24,541   

Emerging Markets Consumer Growth Fund

     

Foreign exchange contracts

     7,363         10,879   

Emerging Markets ex-State-Owned Enterprises Fund

     

Foreign exchange contracts

     803         230,303   

Emerging Markets High Dividend Fund

     

Foreign exchange contracts

     1,266,895         3,422,535   

Emerging Markets Quality Dividend Growth Fund

     

Foreign exchange contracts

     21,196         18,681   

Emerging Markets SmallCap Dividend Fund

     

Foreign exchange contracts

     1,051,464         2,022,503   

Global ex-U.S. Quality Dividend Growth Fund

     

Foreign exchange contracts

             106,749   

Global ex-U.S. Real Estate Fund

     

Foreign exchange contracts

     127,467         91,261   

Global ex-U.S. Utilities Fund

     

Foreign exchange contracts

     2,686         9,898   

Global High Dividend Fund

     

Foreign exchange contracts

     67,962         61,560   

Global Natural Resources Fund

     

 

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Notes to Financial Statements (continued)

 

      Average Notional  
Fund    Forward foreign
currency
contracts
(to deliver)
     Forward foreign
currency
contracts
(to receive)
 

Foreign exchange contracts

   $ 14,166       $ 17,915   

India Earnings Fund (consolidated)

     

Foreign exchange contracts

             1,138,997   

Middle East Dividend Fund

     

Foreign exchange contracts

     8,514         38,798   

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.

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 Statements 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 Statements of Operations. Certain foreign exchange gains and losses included in realized and unrealized gains or losses are included in, or are a reduction of, ordinary income in accordance with U.S. Federal income tax regulations.

Expenses/Reimbursements — Under the investment advisory agreement for each Fund, except for Funds that commenced operations on or after March 26, 2013, 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 Funds that commenced operations on or after March 26, 2013, 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 Funds may invest (acquired fund fees and expenses) are not expenses of the Funds and are not paid by WTAM.

Pursuant to a separate contractual arrangement, WTAM arranges for the provision of CCO services with respect to each Fund, and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees. WTAM receives a fee, as shown on the Statements of Operations under “Service fees”, of up to 0.0044% of each Fund’s average daily net assets for providing such services and paying such expenses. WTAM provides CCO services to the Trust.

 

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Table of Contents

Notes to Financial Statements (continued)

 

During the fiscal year ended March 31, 2016, certain Funds, as shown on the Statements of Operations under “Professional fees”, incurred non-recurring fees with respect to obtaining tax relief on United Kingdom stamp duty reserve taxes.

Currency Transactions — The Funds may enter into forward foreign currency contracts to facilitate local securities settlements or to protect against currency exposure. 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.

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 values of the investments of cash collateral for securities on loan along with the obligations to return such collateral are included on the Statements of Assets and Liabilities. The total value of securities received as collateral for securities on loan is included in a footnote following each Schedule of Investments, but is not included within the Statements of Assets and Liabilities because the receiving Fund does not have the right to sell or repledge the securities received as collateral. 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, all of which are included in the securities lending income earned by the Funds and disclosed on the Statements of Operations. The dividend and interest income earned on the securities loaned is accounted for in the same manner as other dividend and interest income. The borrower pays to the Funds an amount equal to any dividends or interest received on loaned securities. Dividends received while a security is out on loan are not considered Qualified Dividend Income (“QDI”) under the specific criteria issued by the Internal Revenue Service and are subject to taxation at the shareholder’s ordinary income tax rate instead of the lower long-term capital gains tax rate. Lending portfolio securities could result in a loss or delay in recovering each Fund’s securities if the borrower defaults.

Master Netting Arrangements — ASU 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.

 

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Notes to Financial Statements (continued)

 

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 a counterparty’s 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 March 31, 2016, the impact of netting of assets and liabilities and the offsetting of collateral pledged or received based on contractual netting/set-off provisions in the ISDA Master Agreement and the Lending Agreement are detailed in the following table:

 

            Assets                   Liabilities         
    

Gross Amounts in
the Statements of
Assets and Liabilities

   

Gross Amounts Not Offset

in the Statements of

Assets and Liabilities

   

Net
Amount

   

Gross Amounts in
the Statements of
Assets and Liabilities

   

Gross Amounts Not Offset

in the Statements of

Assets and Liabilities

   

Net
Amount

 
Fund     Financial
Instruments
    Collateral
Received
        Financial
Instruments
    Collateral
Pledged
   

Asia Pacific ex-Japan Fund

  

       

Securities Lending

  $ 609,423      $      $ (609,423 )1    $      $      $      $      $   

Forward Foreign Currency Contracts

                                55                      55   

China ex-State-Owned Enterprises Fund

  

       

Securities Lending

    1,016,683               (1,016,683 )1                                    

Commodity Country Equity Fund

  

       

Securities Lending

    386,013               (386,013 )1                                    

Forward Foreign Currency Contracts

    5                      5        4,681                      4,681   

Emerging Markets Consumer Growth Fund

  

       

Securities Lending

    350,230               (350,230 )1                                    

Forward Foreign Currency Contracts

                                63                      63   

Emerging Markets ex-State-Owned Enterprises Fund

  

       

Securities Lending

    5,574               (5,574 )1                                    

Forward Foreign Currency Contracts

    2                      2                               

Emerging Markets High Dividend Fund

  

Securities Lending

    81,437,076               (81,437,076 )1                                    

Forward Foreign Currency Contracts

    3,271                      3,271        24,703                      24,703   

Emerging Markets Quality Dividend Growth Fund

  

Securities Lending

    2,143,687               (2,143,687 )1                                    

Emerging Markets SmallCap Dividend Fund

  

Securities Lending

    88,264,527               (88,264,527 )1                                    

Forward Foreign Currency Contracts

    10,550                      10,550        4                      4   

 

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Table of Contents

Notes to Financial Statements (continued)

 

            Assets                   Liabilities         
    

Gross Amounts in
the Statements of
Assets and Liabilities

   

Gross Amounts Not Offset

in the Statements of

Assets and Liabilities

   

Net
Amount

   

Gross Amounts in
the Statements of
Assets and Liabilities

   

Gross Amounts Not Offset

in the Statements of

Assets and Liabilities

   

Net
Amount

 
Fund     Financial
Instruments
    Collateral
Received
        Financial
Instruments
    Collateral
Pledged
   

Global ex-U.S. Quality Dividend Growth Fund

  

Securities Lending

  $ 5,692,262      $      $ (5,692,262 )1    $      $      $      $      $   

Global ex-U.S. Real Estate Fund

  

Securities Lending

    4,021,658               (4,021,658 )1                                    

Forward Foreign Currency Contracts

    9                      9        8                      8   

Global ex-U.S. Utilities Fund

  

Securities Lending

    1,784,892               (1,784,892 )1                                    

Global High Dividend Fund

  

Securities Lending

    1,444,274               (1,444,274 )1                                    

Forward Foreign Currency Contracts

    375                      375                               

Global Natural Resources Fund

  

Securities Lending

    1,083,365               (1,083,365 )1                                    

Forward Foreign Currency Contracts

    28                      28        6                      6   

Middle East Dividend Fund

  

Forward Foreign Currency Contracts

                                77                      77   
  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. In order to qualify for the special tax treatment accorded RICs and their shareholders, each Fund must, among other things, distribute with respect to each taxable year an amount equal to or greater than the sum of 90% of its investment company taxable income and 90% of its net tax-exempt interest income. There can be no guarantee that a Fund will pay dividends. Taxable net realized gains from investment transactions, reduced by capital loss carryforwards, if any, are declared and distributed to shareholders at least annually. The capital loss carryforward amount, if any, is available to offset future net capital gains. The Funds may occasionally be required to make supplemental distributions at some other time during the year. The Trust reserves the right to declare special distributions if, in its reasonable discretion, such action is necessary or advisable to preserve the status of each Fund as a RIC or to avoid imposition of income or excise taxes on undistributed income. Dividends and distributions to shareholders are recorded on the ex-dividend date. The amount of dividends and distributions from net investment income and net realized capital gains 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 OTHER TRANSACTIONS WITH AFFILIATES

WTAM has overall responsibility for the general management and administration of the Trust. WTAM provides an investment program for each Fund. WTAM has arranged for 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 described in Note 2.

 

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Notes to Financial Statements (continued)

 

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 ex-State-Owned Enterprises Fund

     0.63 %* 

Commodity Country Equity Fund

     0.58

Emerging Markets Consumer Growth Fund

     0.63

Emerging Markets ex-State-Owned Enterprises Fund

     0.58

Emerging Markets High Dividend Fund

     0.63

Emerging Markets Quality Dividend Growth Fund

     0.63

Emerging Markets SmallCap Dividend Fund

     0.63

Global ex-U.S. Quality Dividend Growth Fund

     0.58

Global ex-U.S. Real Estate Fund

     0.58

Global ex-U.S. Utilities Fund

     0.58

Global High Dividend Fund

     0.58

Global Natural Resources Fund

     0.58

India Earnings Fund

     0.83

Middle East Dividend Fund

     0.88
  * WTAM has contractually agreed to limit the advisory fee to 0.53% effective July 1, 2015 through July 31, 2016, unless earlier terminated by the Board of Trustees of the Trust for any reason.

Each Fund may purchase shares of affiliated ETFs in secondary market transactions to reduce cash balances. For these transactions, WTAM waives its advisory fees related to each Fund’s investment in affiliated funds. The waivers may be reduced to offset the incremental costs related to these investments (fund accounting, safekeeping, transaction fees, etc.) that are paid by WTAM out of its advisory fee. The dollar amount of advisory fees waived during the period for the Funds, if any, are shown in the Statements of Operations.

Affiliated holdings are funds which are managed by, or an affiliate of, WTAM. Transactions with affiliated funds during the fiscal year ended March 31, 2016 are as follows:

 

Fund    Value at
3/31/2015
     Purchases/
Additions
     Sales/
Reductions
     Value at
3/31/2016
     Dividend
Income
 

Asia Pacific ex-Japan Fund

  

WisdomTree Global ex-U.S. Real Estate Fund

   $       $ 577,138       $ 462,208       $ 99,499       $ 9,112   

Commodity Country Equity Fund

  

WisdomTree Global Natural Resources Fund

   $ 19,013       $ 261,370       $ 198,964       $ 73,941       $ 2,331   

Emerging Markets High Dividend Fund

  

WisdomTree Global High Dividend Fund

   $ 2,103,933       $ 8,695,640       $ 10,679,653       $       $ 65,770   

Emerging Markets SmallCap Dividend Fund

  

WisdomTree Emerging Markets High Dividend Fund

   $ 115,388       $ 25,260,520       $ 24,186,719       $       $ 285,356   

Global ex-U.S. Quality Dividend Growth Fund

  

WisdomTree Emerging Markets High Dividend Fund

   $ 47,982       $ 496,468       $ 489,709       $ 17,798       $ 5,771   

WisdomTree International Equity Fund

     70,241         727,971         739,504         26,421         7,462   

Total

   $ 118,223       $ 1,224,439       $ 1,229,213       $ 44,219       $ 13,233   

Global ex-U.S. Real Estate Fund

  

WisdomTree Global Natural Resources Fund

   $       $ 2,055,827       $ 1,944,341       $ 55,286       $ 10,724   

Global ex-U.S. Utilities Fund

  

WisdomTree Global ex-U.S. Real Estate Fund

   $ 21,659       $ 227,057       $ 240,950       $ 4,389       $ 1,872   

 

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Table of Contents

Notes to Financial Statements (continued)

 

Fund    Value at
3/31/2015
     Purchases/
Additions
     Sales/
Reductions
     Value at
3/31/2016
     Dividend
Income
 

Global High Dividend Fund

  

WisdomTree High Dividend Fund

   $ 36,948       $ 1,056,829       $ 1,098,972       $       $ 3,011   

WisdomTree International High Dividend Fund

     108,896         3,180,731         3,262,871                 22,483   

Total

   $ 145,844       $ 4,237,560       $ 4,361,843       $       $ 25,494   

Global Natural Resources Fund

  

WisdomTree Global High Dividend Fund

   $ 8,735       $ 358,278       $ 355,889       $ 9,382       $ 2,850   

During the fiscal year ended March 31, 2016, the Asia Pacific ex-Japan Fund and Emerging Markets Quality Dividend Growth Fund received a voluntary reimbursement of $63 and $260, respectively, from MCM for investment losses on certain foreign exchange transactions. The India Earnings Fund also received a reimbursement of $14,984 from WTAM for a creation that took place during the period when the NAV was understated.

During the fiscal year ended March 31, 2016, certain Funds engaged in purchase and sale transactions with funds that have a common investment adviser, WTAM. These interfund purchase and sale transactions were at fair value and complied with Rule 17a-7 under the 1940 Act. For the fiscal year ended March 31, 2016, the cost of purchases, proceeds from sales and the net realized gain or loss recognized upon the disposal of securities resulting from interfund transactions are shown in the following table:

 

Fund    Purchases      Sales      Net Realized
Gain/(Loss)
 

Asia Pacific ex-Japan Fund

   $ 1,490,526       $ 1,301,932       $ (386,018

China ex-State-Owned Enterprises Fund

     23,818         668,500         (133,614

Commodity Country Equity Fund

     457,334         217,964         4,500   

Emerging Markets Consumer Growth Fund

     2,036,342         1,208,461         (295,560

Emerging Markets ex-State-Owned Enterprises Fund

     217,340         210,370         (24,903

Emerging Markets High Dividend Fund

     22,089,795         33,658,924         (9,190,101

Emerging Markets Quality Dividend Growth Fund

     3,141,238         5,365,246         (1,426,551

Emerging Markets SmallCap Dividend Fund

     30,589,509         13,608,888         (4,713,696

Global ex-U.S. Quality Dividend Growth Fund

     8,025,375         7,679,182         (2,774,728

Global ex-U.S. Real Estate Fund

     468,249         1,293,257         (416,819

Global ex-U.S. Utilities Fund

     727,492         389,545         (48,322

Global High Dividend Fund

     1,728,382         5,678,599         (1,207,576

Global Natural Resources Fund

     1,068,260         747,276         (715,012

4. CAPITAL SHARE TRANSACTIONS

As of March 31, 2016, 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 purchases and sales resulting from in-kind capital share transactions and short-term investments) and the cost of purchases and the proceeds from sales resulting from in-kind capital share transactions (excluding short-term investments) for the fiscal year ended March 31, 2016 are shown in the following table. Realized gains and losses on sales

 

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Table of Contents

Notes to Financial Statements (continued)

 

resulting from in-kind capital share redemptions, as shown on the Statements of Operations, are not recognized by the Funds for tax purposes.

 

                            In-kind Capital Share Transactions        
Fund      Purchases         Sales              Purchases         Sales        

Asia Pacific ex-Japan Fund

   $ 12,880,160       $ 11,359,037            $ 5,451,001       $        

China ex-State-Owned Enterprises Fund

     17,428,502         17,490,502              5,408,818         10,232,875        

Commodity Country Equity Fund

     2,176,306         2,897,643                      2,523,968        

Emerging Markets Consumer Growth Fund

     7,355,672         8,622,232                      2,677,880        

Emerging Markets ex-State-Owned Enterprises Fund

     1,573,230         5,097,778                      4,172,572        

Emerging Markets High Dividend Fund

     731,127,261         881,426,519              26,591,449         310,724,315        

Emerging Markets Quality Dividend Growth Fund

     21,880,878         23,001,922              7,551,206         9,398,488        

Emerging Markets SmallCap Dividend Fund

     568,205,553         720,068,021                      149,964,779        

Global ex-U.S. Quality Dividend Growth Fund

     47,455,101         49,615,331              4,211,306         14,333,082        

Global ex-U.S. Real Estate Fund

     34,708,933         36,269,363              7,391,953         22,462,499        

Global ex-U.S. Utilities Fund

     6,048,479         6,311,801              1,686,395         4,275,172        

Global High Dividend Fund

     56,357,479         56,256,123              39,818,538         57,359,221        

Global Natural Resources Fund

     7,019,600         6,871,181              2,439,683                

India Earnings Fund (consolidated)

     717,323,742         1,291,424,036                             

Middle East Dividend Fund

     6,632,519         15,716,873                             

6. FEDERAL INCOME TAXES

At March 31, 2016, 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

   $ 49,177,584       $ 4,229,014       $ (7,533,982    $ (3,304,968

China ex-State-Owned Enterprises Fund

     11,445,471         517,975         (1,717,198      (1,199,223

Commodity Country Equity Fund

     8,997,039         443,586         (2,473,948      (2,030,362

Emerging Markets Consumer Growth Fund

     13,790,919         718,946         (1,925,912      (1,206,966

Emerging Markets ex-State-Owned Enterprises Fund

     2,279,222         151,504         (284,619      (133,115

Emerging Markets High Dividend Fund

     1,743,423,105         52,219,587         (417,549,897      (365,330,310

Emerging Markets Quality Dividend Growth Fund

     33,919,982         2,116,807         (3,488,531      (1,371,724

Emerging Markets SmallCap Dividend Fund

     986,720,086         86,473,044         (135,764,302      (49,291,258

Global ex-U.S. Quality Dividend Growth Fund

     67,392,164         5,623,837         (3,856,111      1,767,726   

Global ex-U.S. Real Estate Fund

     102,074,081         8,208,472         (12,893,701      (4,685,229

Global ex-U.S. Utilities Fund

     19,677,689         1,201,194         (4,230,380      (3,029,186

Global High Dividend Fund

     75,589,655         5,228,467         (6,523,188      (1,294,721

Global Natural Resources Fund

     23,441,784         179,792         (7,267,850      (7,088,058

India Earnings Fund (consolidated)

     1,395,052,496         180,197,706         (100,926,925      79,270,781   

Middle East Dividend Fund

     22,257,407         1,436,239         (3,364,194      (1,927,955

At March 31, 2016, the components of accumulated earnings/(loss) on a tax-basis were as follows:

 

Fund    Undistributed
Ordinary Income
     Undistributed
Capital and Other
Losses
     Net Unrealized
Appreciation/
(Depreciation)
     Currency and
Other Unrealized
Appreciation/
(Depreciation)
     Total Accumulated
Losses
 

Asia Pacific ex-Japan Fund

   $ 63,408       $ (24,209,934    $ (3,304,968    $ 10,402       $ (27,441,092

China ex-State-Owned Enterprises Fund

             (3,377,147      (1,199,223              (4,576,370

Commodity Country Equity Fund

     47,036         (19,026,243      (2,030,362      6,801         (21,002,768

Emerging Markets Consumer Growth Fund

     61,300         (2,465,489      (1,206,966      1,724         (3,609,431

Emerging Markets ex-State-Owned Enterprises Fund

     2,028         (276,655      (133,115      189         (407,553

Emerging Markets High Dividend Fund

     1,343,142         (1,211,121,640      (365,330,310      128,502         (1,574,980,306

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      111   


Table of Contents

Notes to Financial Statements (continued)

 

Fund    Undistributed
Ordinary Income
     Undistributed
Capital and Other
Losses
     Net Unrealized
Appreciation/
(Depreciation)
     Currency and
Other Unrealized
Appreciation/
(Depreciation)
     Total Accumulated
Losses
 

Emerging Markets Quality Dividend Growth Fund

   $ 91,634       $ (7,325,900    $ (1,371,724    $ 2,168       $ (8,603,822

Emerging Markets SmallCap Dividend Fund

     1,714,141         (453,413,002      (49,291,258      44,321         (500,945,798

Global ex-U.S. Quality Dividend Growth Fund

     162,461         (29,885,315      1,767,726         (1,320      (27,956,448

Global ex-U.S. Real Estate Fund

     2,078,658         (59,168,083      (4,685,229      1,672         (61,772,982

Global ex-U.S. Utilities Fund

     41,377         (28,746,313      (3,029,186      (796      (31,734,918

Global High Dividend Fund

     202,275         (32,558,219      (1,294,721      (382      (33,651,047

Global Natural Resources Fund

     36,247         (24,528,809      (7,088,058      323         (31,580,297

India Earnings Fund (consolidated)

     7,530,595         (388,387,008      79,270,781         23,509         (301,562,123

Middle East Dividend Fund

     581,332         (8,818,971      (1,927,955      (1,585      (10,167,179

The tax character of distributions paid during the fiscal years ended March 31, 2016 and March 31, 2015, was as follows:

 

      Year Ended March 31, 2016      Year/Period Ended
March 31, 2015
 
Fund    Distributions Paid
from Ordinary
Income*
     Distributions Paid
from Ordinary
Income*
 

Asia Pacific ex-Japan Fund

   $ 1,643,992       $ 1,585,507   

China ex-State-Owned Enterprises Fund

     300,252         427,018   

Commodity Country Equity Fund

     350,206         754,412   

Emerging Markets Consumer Growth Fund

     365,298         374,552   

Emerging Markets ex-State-Owned Enterprises Fund

     80,372         20,436 1 

Emerging Markets High Dividend Fund

     76,758,776         150,590,028   

Emerging Markets Quality Dividend Growth Fund

     905,013         632,102   

Emerging Markets SmallCap Dividend Fund

     33,004,695         51,526,431   

Global ex-U.S. Quality Dividend Growth Fund

     1,522,376         1,355,492   

Global ex-U.S. Real Estate Fund

     4,821,127         5,988,422   

Global ex-U.S. Utilities Fund

     663,621         1,013,012   

Global High Dividend Fund

     4,186,444         4,555,009   

Global Natural Resources Fund

     638,131         818,563   

India Earnings Fund (consolidated)

     20,581,518         13,679,148   

Middle East Dividend Fund

     1,098,138         1,679,464   
  * Includes short-term capital gains if any.

 

  1 

For the period December 10, 2014 (commencement of operations) through March 31, 2015.

At March 31, 2016, for Federal tax purposes, the Funds have capital loss carryforwards available to offset future capital gains through the years indicated. To the extent that these loss carryforwards are utilized, capital gains so offset will not be distributed to shareholders.

 

Fund   Capital Loss
Available
Through 2017
    Capital Loss
Available
Through 2018
    Capital Loss
Available
Through 2019
    Short-Term
Post-Effective
No Expiration
    Long-Term
Post-Effective
No Expiration
    Capital Loss
Available
Total
 

Asia Pacific ex-Japan Fund

  $ 1,942,155      $ 11,545,171      $ 2,148,087      $ 3,033,926      $ 5,531,116      $ 24,200,455   

China ex-State-Owned Enterprises Fund

                         1,658,598        1,642,218        3,300,816   

Commodity Country Equity Fund

           11,126,004        3,769,123        1,024,645        2,793,678        18,713,450   

Emerging Markets Consumer Growth Fund

                         1,821,595        557,678        2,379,273   

Emerging Markets ex-State-Owned Enterprises Fund

                         217,379        22,765        240,144   

Emerging Markets High Dividend Fund

    3,240,763        32,150,807        561,494        488,518,693        652,367,581        1,176,839,338   

Emerging Markets Quality Dividend Growth Fund

                         4,977,212        1,801,435        6,778,647   

Emerging Markets SmallCap Dividend Fund

    4,224,150        9,367,814        4,882,951        222,558,801        186,924,374        427,958,090   

Global ex-U.S. Quality Dividend Growth Fund

    3,657,374        8,823,117               12,899,181        3,563,732        28,943,404   

Global ex-U.S. Real Estate Fund

    12,351,482        23,011,711        10,538,886        2,909,532        9,679,499        58,491,110   

Global ex-U.S. Utilities Fund

    1,722,994        5,793,876        1,986,702        1,150,746        17,447,262        28,101,580   

 

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Table of Contents

Notes to Financial Statements (continued)

 

Fund   Capital Loss
Available
Through 2017
    Capital Loss
Available
Through 2018
    Capital Loss
Available
Through 2019
    Short-Term
Post-Effective
No Expiration
    Long-Term
Post-Effective
No Expiration
    Capital Loss
Available
Total
 

Global High Dividend Fund

  $ 5,329,783      $ 15,414,669      $ 807,956      $ 5,340,596      $ 4,995,585      $ 31,888,589   

Global Natural Resources Fund

    1,245,793        4,858,681        6,793,018        3,008,872        6,734,706        22,641,070   

India Earnings Fund (consolidated)

    20,567,350        7,978,486        6,294,051        159,800,834        167,392,059        362,032,780   

Middle East Dividend Fund

           5,098,493        763,315        2,014,587        942,576        8,818,971   

Capital losses incurred after October 31 (“post-October capital losses”) and late year ordinary losses incurred after December 31 within the taxable year are deemed to arise on the first business day of each Fund’s next taxable year.

During the fiscal year ended March 31, 2016, the following Funds incurred and will elect to defer post-October capital losses and late year ordinary losses as follows:

 

Fund    Late Year
Ordinary Loss
     Short-Term
Post-October
Capital Losses
     Long-Term
Post-October
Capital Losses
 

Asia Pacific ex-Japan Fund

   $       $ 9,479       $   

China ex-State-Owned Enterprises Fund

     19         51,824         24,488   

Commodity Country Equity Fund

             45,888         266,905   

Emerging Markets Consumer Growth Fund

             11,384         74,832   

Emerging Markets ex-State-Owned Enterprises Fund

             4,000         32,511   

Emerging Markets High Dividend Fund

             4,769,453         29,512,849   

Emerging Markets Quality Dividend Growth Fund

             286,857         260,396   

Emerging Markets SmallCap Dividend Fund

             6,034,820         19,420,092   

Global ex-U.S. Quality Dividend Growth Fund

             247,185         694,726   

Global ex-U.S. Real Estate Fund

             270,254         406,719   

Global ex-U.S. Utilities Fund

             112,341         532,392   

Global High Dividend Fund

             364,549         305,081   

Global Natural Resources Fund

             493,049         1,394,690   

India Earnings Fund (consolidated)

             14,015,985         12,338,243   

Middle East Dividend Fund

                       

During the fiscal year ended March 31, 2016, the amount of capital loss carryforwards that expired unused are shown in the following table:

 

Fund    Expired Capital
Loss Carryforward
 

Asia Pacific ex-Japan Fund

   $ 434,717   

China ex-State-Owned Enterprises Fund

       

Commodity Country Equity Fund

       

Emerging Markets Consumer Growth Fund

       

Emerging Markets ex-State-Owned Enterprises Fund

       

Emerging Markets High Dividend Fund

     166,963   

Emerging Markets Quality Dividend Growth Fund

       

Emerging Markets SmallCap Dividend Fund

       

Global ex-U.S. Quality Dividend Growth Fund

     638,234   

Global ex-U.S. Real Estate Fund

     261,244   

Global ex-U.S. Utilities Fund

     13,301   

Global High Dividend Fund

       

Global Natural Resources Fund

     45,822   

India Earnings Fund (consolidated)

     1,179   

Middle East Dividend Fund

       

 

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Table of Contents

Notes to Financial Statements (continued)

 

At March 31, 2016, the effect of permanent “book/tax” reclassifications resulted in increases (decreases) to the components of net assets as follows:

 

Fund    Undistributed Net
Investment
Income/(Loss)
     Accumulated Net
Realized Gain/(Loss)
     Paid-in Capital  

Asia Pacific ex-Japan Fund

   $ (41,889    $ 476,606       $ (434,717

China ex-State-Owned Enterprises Fund

     1,032         (694,899      693,867   

Commodity Country Equity Fund

     (2,886      314,643         (311,757

Emerging Markets Consumer Growth Fund

     (30,138      238,907         (208,769

Emerging Markets ex-State-Owned Enterprises Fund

     (1,834      (234,881      236,715   

Emerging Markets High Dividend Fund

     (3,203,713      61,887,944         (58,684,231

Emerging Markets Quality Dividend Growth Fund

     (116,054      267,499         (151,445

Emerging Markets SmallCap Dividend Fund

     (2,901,713      286,284         2,615,429   

Global ex-U.S. Quality Dividend Growth Fund

     (242,737      (151,666      394,403   

Global ex-U.S. Real Estate Fund

     1,842,080         (1,149,367      (692,713

Global ex-U.S. Utilities Fund

     5,545         (209,072      203,527   

Global High Dividend Fund

     (156,251      (6,153,619      6,309,870   

Global Natural Resources Fund

     (3,420      50,500         (47,080

India Earnings Fund (consolidated)

     (1,202,869      1,219,031         (16,162

Middle East Dividend Fund

     (18,195      18,196         (1

These differences are primarily due to redemptions-in-kind, foreign currency transactions, investments in passive foreign investment

companies, expiration of capital loss carryforwards, investments in partnerships, and investments in real estate investment trusts.

GAAP provides guidance on tax provisions that prescribe a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Foreign taxes are provided for based on each Fund’s understanding of the tax rules and rates that exist in the foreign markets in which it invests. Taxes are accrued and applied to net investment income, net realized capital gains and net unrealized appreciation, as applicable, as the income is earned or capital gains are recorded. As of and during the fiscal year ended March 31, 2016, the Funds did not have any liabilities for unrecognized tax benefits relating to uncertain income tax positions they have taken or expect to take in the future. If applicable, the Funds will recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in “Other” expenses on the Statements of Operations. The Funds file tax returns with the Internal Revenue Service, the State of New York, and various other states. Generally, each of the tax years in the four-year period ended March 31, 2016, remains subject to examination by taxing authorities.

7. MAURITIUS INCOME TAX

The Portfolio holds a tax residency certificate issued by the Mauritian Revenue authorities which entitles it to claim the benefits of the double taxation avoidance agreement entered between the Government of India and Mauritius (“tax treaty”). Since the India Earnings Fund makes its investments through the Portfolio, a wholly owned subsidiary organized in the Republic of Mauritius, this structure should permit the India Earnings Fund to benefit from the tax treaty. 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 Portfolio. In March 2012, the Indian Finance Minister introduced a new chapter to the Indian Income Tax Act, 1961 (“IT Act”), which included certain General Anti-Avoidance Rules (“GAAR”). The Finance Act, 2015 (“FA 2015”) amended the IT Act to defer the applicability of GAAR to financial years beginning on or after April 1, 2017. The Government of India has also committed to grandfather all investments made into India up-to April 1, 2017 from the applicability of GAAR, irrespective of the date of exit of the investments. See Note 10 for information on recent tax treaty changes.

The taxable profits derived from the worldwide income of the wholly owned subsidiary of the India Earnings Fund, i.e. 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 incurred. 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. Effective August 8, 2012, in connection with the new advisory agreement, the Mauritius income tax is paid by WTAM.

 

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Notes to Financial Statements (concluded)

 

8. DEMAND NOTE

During the fiscal year ended March 31, 2016, the India Earnings Fund had a demand note agreement with Morgan Stanley Bank, N.A. which allowed the Fund to borrow up to $325,000,000 until the stated maturity date of October 16, 2015. During the fiscal year ended March 31, 2016, the Fund utilized the demand note and borrowed for a period of 17 days with an average outstanding loan balance of $91,930,018 and a weighted average interest rate of 2.27% per annum. Interest expense related to the loan for the fiscal year ended March 31, 2016 was $97,124. At March 31, 2016, the Fund did not have any outstanding demand note agreements or amounts.

9. RECENT ACCOUNTING PRONOUNCEMENTS

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. WTAM has evaluated ASU 2014-11 and determined that there is no impact on the Trust’s financial statements.

In May 2015, the FASB issued ASU 2015-07 Fair Value Measurement (Topic 820): Disclosures for Investments in Certain Entities that Calculate Net Asset Value per Share (or its Equivalent). This is an update to ASC 820. The amendments in this ASU remove the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the net asset value per share practical expedient. ASU 2015-07 also limits certain disclosures to investments for which the entity has elected to measure the fair value using the practical expedient. ASU 2015-07 will be effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years (earlier application is also permitted). WTAM has evaluated ASU 2015-07 and determined that there is no impact on the Trust’s financial statements.

10. SUBSEQUENT EVENT

In a press release issued on May 10, 2016, India announced a protocol (“2016 Protocol”) for amendment of the tax treaty between India and Mauritius. With this protocol, purchases of Indian shares by Mauritius entities, made on or after April 1, 2017, will be subject to capital gains tax in India. Amendments to the Capital Gains Article will be effective in India from tax year 2017-18 once the requisite procedures for ratification of the 2016 Protocol are completed in both the countries. The 2016 Protocol grandfathers shares acquired up to March 31, 2017, which would exempt them from taxation. In addition, during a transition period covering April 1, 2017 through March 31, 2019, the capital gains tax could potentially be limited to 50% of the domestic tax rates as applicable in India, if certain Limitation of Benefits articles are not satisfied. If WisdomTree India Earnings Fund satisfied the Limitation of Benefits articles, any shares acquired by the Portfolio after April 1, 2017 and transferred on or after April 1, 2019 shall be subject to the full rate of capital gains tax in India. It is important to note that the 2016 Protocol only amends the capital gains article in relation to the taxation of shares. In other words, all other “securities” besides shares shall be subject to similar taxation principles, as they apply currently to the Portfolio. This amendment could reduce the return to the India Earnings Fund on its investments made on or after April 1, 2017 and the return received by India Earnings Fund shareholders.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      115   


Table of Contents

Report of Independent Registered Public Accounting Firm

 

The Board of Trustees and Shareholders of WisdomTree Trust:

We have audited the accompanying statements of assets and liabilities, including the schedules of investments, of WisdomTree Asia Pacific ex-Japan Fund, WisdomTree China ex-State-Owned Enterprises Fund (formerly WisdomTree China Dividend ex-Financials Fund), WisdomTree Commodity Country Equity Fund, WisdomTree Emerging Markets Consumer Growth Fund, WisdomTree Emerging Markets ex-State-Owned Enterprises Fund, WisdomTree Emerging Markets High Dividend Fund (formerly WisdomTree Emerging Markets Equity Income Fund), WisdomTree Emerging Markets Quality Dividend Growth Fund (formerly WisdomTree Emerging Markets Dividend Growth Fund), WisdomTree Emerging Markets SmallCap Dividend Fund, WisdomTree Global ex-U.S. Quality Dividend Growth Fund (formerly 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 High Dividend Fund (formerly WisdomTree Global Equity Income Fund), WisdomTree Global Natural Resources Fund, WisdomTree India Earnings Fund (consolidated), and WisdomTree Middle East Dividend Fund, fifteen of the investment funds constituting the WisdomTree Trust (the “Trust”), as of March 31, 2016, and the related statements of operations, the statements of changes in net assets and the financial highlights for each of the periods presented therein. These financial statements and financial highlights are the responsibility of the Trust’s management. Our responsibility is to express an opinion on these financial statements and financial highlights based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement. We were not engaged to perform an audit of the Trust’s internal control over financial reporting. Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Trust’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements and financial highlights, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. Our procedures included confirmation of securities owned as of March 31, 2016, by correspondence with the custodian and others, or by other appropriate auditing procedures where replies from others were not received. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements and financial highlights referred to above present fairly, in all material respects, the financial position of WisdomTree Asia Pacific ex-Japan Fund, WisdomTree China ex-State-Owned Enterprises Fund, WisdomTree Commodity Country Equity Fund, WisdomTree Emerging Markets Consumer Growth Fund, WisdomTree Emerging Markets ex-State-Owned Enterprises Fund, WisdomTree Emerging Markets High Dividend Fund, WisdomTree Emerging Markets Quality Dividend Growth Fund, WisdomTree Emerging Markets SmallCap Dividend Fund, WisdomTree Global ex-U.S. Quality Dividend Growth Fund, WisdomTree Global ex-U.S. Real Estate Fund, WisdomTree Global ex-U.S. Utilities Fund, WisdomTree Global High Dividend Fund, WisdomTree Global Natural Resources Fund, WisdomTree India Earnings Fund (consolidated), and WisdomTree Middle East Dividend Fund, fifteen of the investment funds constituting the WisdomTree Trust, at March 31, 2016, the results of their operations, the changes in their net assets and the financial highlights for each of the periods presented therein, in conformity with U.S. generally accepted accounting principles.

 

LOGO

New York, New York

May 26, 2016

 

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Table of Contents

Trustees and Officers Information (unaudited)

 

The Board of Trustees has responsibility for the overall management and operations of the Funds, including general supervision of the duties performed by WTAM and other service providers. The Board of Trustees elects the officers of the Trust who are responsible for administering the Trust’s day-to-day operations. Each Trustee serves until his or her successor is duly elected or appointed and qualified.

The address of each Trustee and Officer is c/o WisdomTree Asset Management, Inc., 245 Park Avenue, 35th Floor, New York, NY 10167.

Independent Trustees

 

Name

and Year of Birth
of Trustee/Officer

 

Position(s) Held with
the Trust, Term of
Office and Length
of Time Served

 

Principal Occupation(s)
During the Past 5 Years

  Number of Portfolios
in Fund Complex
Overseen by Trustee/
Officer+
  Other
Directorships
Held by Trustee

During the Past
5 Years
David G. Chrencik*
(1948)
  Trustee, 2014- present   Chief Financial Officer of Sarus Indochina Select LP (hedge fund) since 2012; Chief Financial Officer of GeoGreen BioFuels, Inc. (biodiesel fuel producer) from 2010 to 2014; Audit Partner at PricewaterhouseCoopers LLP (public accounting firm) from 1972 to 2009 (includes positions prior to becoming Audit Partner and predecessor firms).   91   Trustee,
Vericimetry
Funds
(2011-2014)
Joel Goldberg**
(1945)
  Trustee, 2012- present  

Attorney, Of Counsel/Partner at Stroock

& Stroock & Lavan LLP, 2010 to present; Attorney, Partner at Willkie Farr & Gallagher LLP, 2006 to 2010.

  91   Director,
Better
Business
Bureau
(Metropolitan
New York,
Long Island
and the Mid-
Hudson
Region)
Toni Massaro***
(1955)
  Trustee, 2006- present   Dean Emerita at the University of Arizona James E. Rogers College of Law (“Rogers College of Law”) since 2009 (distinguished Emerita in July 2009); Dean at the Rogers College of Law from 1999 to 2009; Regents’ Professor at the Rogers College of Law since 1990.   91   None
Melinda A. Raso  Kirstein
(1955)
  Trustee, 2014- present   Retired, Merrill Lynch Investment Management, Vice President; Senior Portfolio Manager, Fixed Income Management; Director, Tax Exempt Fund Management.   91   Associate
Alumnae of
Douglass
College,
Member of
Investment
Committee
Victor Ugolyn
(1947)
  Trustee, 2006- present; Chairman of the Board of Trustees, 2006- present   Private Investor, 2005 to present; President and Chief Executive Officer of William D. Witter, Inc. from 2005 to 2006; Consultant to AXA Enterprise in 2004; Chairman, President and Chief Executive Officer of Enterprise Capital Management (subsidiary of The MONY Group, Inc.) and Enterprise Group of Funds, Chairman of MONY Securities Corporation, and Chairman of the Fund Board of Enterprise Group of Funds from 1991 to 2004.   91   Member of the
Board of
Governors of
Naismith
Memorial
Basketball Hall
of Fame,
Member of the
Board of
Directors of
the New York
Society of
Security
Analysts
(NYSSA)

 

+ As of March 31, 2016.

 

* Chair of the Audit Committee.

 

** Chair of the Contracts Review Committee.

 

*** Chair of the Governance and Nominating Committee.

 

Chair of the Investment Committee.

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      117   


Table of Contents

Trustees and Officers Information (unaudited) (concluded)

 

Interested Trustee and Officers

 

Name

and Year of Birth
of Trustee/Officer

 

Position(s) Held with
the Trust, Term of
Office and Length
of Time Served

 

Principal Occupation(s)
During the Past 5 Years

  Number of Portfolios
in Fund Complex
Overseen by Trustee/
Officer+
 

Other
Directorships
Held by Trustee

During the Past
5 Years

Jonathan Steinberg****
(1964)
  Trustee, 2005- present President, 2005- present   President, WisdomTree Trust since 2005; President, WisdomTree Investments, Inc. and WisdomTree Asset Management, Inc.; Chief Executive Officer, WisdomTree Investments, Inc. and WisdomTree Asset Management, Inc.   91   Director, WisdomTree Investments, Inc. and WisdomTree Asset Management, Inc.
David Castano****
(1971)
  Treasurer, 2013- present   Director of Fund Accounting & Administration, WisdomTree Asset Management, Inc., since 2011; Vice President of Legg Mason & Co. and served as Treasurer from 2010 to 2011 and Controller from 2006 to 2010 of certain mutual funds associated with Legg Mason & Co.; Assistant Treasurer of Lord Abbett mutual funds from 2004 to 2006.   91   None
Terry Jane Feld****
(1960)
  Chief Compliance Officer, 2012- present  

Chief Compliance Officer, WisdomTree Asset Management, Inc. since 2012; Senior Compliance Officer, WisdomTree Asset Management since 2011; Senior Compliance Officer, TIAA-CREF, 2007 to 2010; Vice President/NASD-SEC Compliance, Mutual of America Life

Insurance Co., 2004 to 2007.

  91   None
Ryan Louvar****
(1972)
  Secretary and Chief Legal Officer, 2013- present   General Counsel, WisdomTree Asset Management, Inc. since 2013; Vice President and Senior Managing Counsel, State Street, 2005 to 2013.   91   None
Sarah English****
(1977)
  Assistant Secretary, 2013- present   Investment Management Counsel, WisdomTree Asset Management, Inc. since 2010 (includes prior positions at WisdomTree Asset Management, Inc.); Attorney, NYFIX, Inc. from 2006 to 2009.   91   None

Clint Martin****

(1977)

  Assistant Treasurer, 2015-present   Fund Manager, Fund Accounting & Administration, WisdomTree Asset Management, Inc., since 2012; Vice President of Legg Mason & Co. and served as Assistant Treasurer from 2010 to 2012 and Assistant Controller from 2006 to 2010 of certain mutual funds associated with Legg Mason & Co.   91   None

 

+ As of March 31, 2016.

 

**** Elected by and serves at the pleasure of the Board.

 

118   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


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Supplemental Information (unaudited)

 

Federal Income Tax Information

The following Federal tax information related to the Funds’ fiscal year ended March 31, 2016, is provided for information purposes only and should not be used for reporting to federal or state revenue agencies. Federal tax information for the calendar year will be reported to you on Form 1099-DIV in January 2017.

Certain dividends paid by the Funds may be subject to a maximum tax rate of 15%, as provided by the Jobs and Growth Tax Relief Reconciliation Act of 2003. Of the distributions paid during the fiscal year ended March 31, 2016, the following represents the maximum amount of ordinary income distributions that may be considered qualified dividend income:

 

Fund    Qualified Dividend
Income
 

Asia Pacific ex-Japan Fund

   $ 1,300,306   

China ex-State-Owned Enterprises Fund

     200,961   

Commodity Country Equity Fund

     247,583   

Emerging Markets Consumer Growth Fund

     323,723   

Emerging Markets ex-State-Owned Enterprises Fund

     45,009   

Emerging Markets High Dividend Fund

     60,794,820   

Emerging Markets Quality Dividend Growth Fund

     608,053   

Emerging Markets SmallCap Dividend Fund

     17,433,924   

Global ex-U.S. Quality Dividend Growth Fund

     1,188,648   

Global ex-U.S. Real Estate Fund

     832,510   

Global ex-U.S. Utilities Fund

     322,861   

Global High Dividend Fund

     3,033,260   

Global Natural Resources Fund

     560,339   

India Earnings Fund (consolidated)

     20,581,518   

Middle East Dividend Fund

     179,129   

The Funds intend to elect to pass through to shareholders the credit for taxes paid during the fiscal year ended March 31, 2016, to foreign countries. The gross foreign source income and foreign taxes paid are as follows:

 

Fund    Gross Foreign
Income
     Foreign
Taxes Paid
 

Asia Pacific ex-Japan Fund

   $ 1,877,823       $ 142,863   

China ex-State-Owned Enterprises Fund

     291,928         20,361   

Commodity Country Equity Fund

     333,580         38,408   

Emerging Markets Consumer Growth Fund

     475,718         51,523   

Emerging Markets ex-State-Owned Enterprises Fund

     79,914         9,697   

Emerging Markets High Dividend Fund

     89,233,043         9,904,484   

Emerging Markets Quality Dividend Growth Fund

     1,139,203         145,249   

Emerging Markets SmallCap Dividend Fund

     41,566,437         5,653,241   

Global ex-U.S. Quality Dividend Growth Fund

     1,784,291         193,871   

Global ex-U.S. Real Estate Fund

     3,638,523         223,786   

Global ex-U.S. Utilities Fund

     415,339         40,401   

Global High Dividend Fund

               

Global Natural Resources Fund

     528,068         36,186   

India Earnings Fund (consolidated)

               

Middle East Dividend Fund

     1,131,151         58,398   

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds      119   


Table of Contents

Supplemental Information (unaudited) (concluded)

 

The following represents the percentage of dividends paid during the fiscal year ended March 31, 2016, that qualify for the 70% dividends received deduction for corporate shareholders:

 

Fund    Dividends-Received
Deduction
 

Asia Pacific ex-Japan Fund

       

China ex-State-Owned Enterprises Fund

       

Commodity Country Equity Fund

     0.01

Emerging Markets Consumer Growth Fund

       

Emerging Markets ex-State-Owned Enterprises Fund

       

Emerging Markets High Dividend Fund

     0.01

Emerging Markets Quality Dividend Growth Fund

       

Emerging Markets SmallCap Dividend Fund

       

Global ex-U.S. Quality Dividend Growth Fund

     0.01

Global ex-U.S. Real Estate Fund

       

Global ex-U.S. Utilities Fund

       

Global High Dividend Fund

     22.91

Global Natural Resources Fund

     8.35

India Earnings Fund (consolidated)

       

Middle East Dividend Fund

       

 

120   WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets Funds


Table of Contents

General Information (unaudited)

 

Proxy Voting Policies, Procedures and Record

A complete copy of the Proxy Voting Policy may be obtained by calling 1-866-909-WISE (9473) or writing to: WisdomTree Trust, c/o Foreside Fund Services, LLC, Three Canal Plaza Suite 100, Portland, ME, 04101.

The Trust is required to disclose annually the Funds’ complete proxy voting record on Form N-PX covering the most recent 12-month period ended June 30 and to file Form N-PX with the SEC no later than August 31 of each year. The current Form N-PX for the Funds is available at no charge upon request by calling 1-866-909-WISE (9473) or through the Trust’s website at www.wisdomtree.com. The Funds’ Form N-PX is also available on the SEC’s website at www.sec.gov.

Shareholder Reports and Quarterly Portfolio Disclosure

The Funds 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      121   


Table of Contents

The WisdomTree Family of Funds

The following is a list of WisdomTree Funds being offered, along with their respective ticker symbols, as of March 31, 2016:

 

WisdomTree Domestic Earnings and Dividend Funds

 

WisdomTree Dividend ex-Financials Fund (DTN)

 

WisdomTree Earnings 500 Fund (EPS)

 

WisdomTree High Dividend 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. Quality Dividend Growth Fund (DGRW)

 

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS)

 

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

 

WisdomTree Australia Dividend Fund (AUSE)

 

WisdomTree Dynamic Currency Hedged Europe Equity Fund (DDEZ)

 

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

 

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

 

WisdomTree Dynamic Currency Hedged Japan Equity Fund (DDJP)

 

WisdomTree Europe Hedged Equity Fund (HEDJ)

 

WisdomTree Europe Hedged SmallCap Equity Fund (EUSC)

 

WisdomTree Europe Local Recovery Fund (EZR)

 

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

 

WisdomTree Europe SmallCap Dividend Fund (DFE)

 

WisdomTree Germany Hedged Equity Fund (DXGE)

 

WisdomTree Global ex-U.S. Hedged Dividend Fund (DXUS)

 

WisdomTree Global ex-U.S. Hedged Real Estate Fund (HDRW)

 

WisdomTree Global Hedged SmallCap Dividend Fund (HGSD)

 

WisdomTree International Dividend ex-Financials Fund (DOO)

 

WisdomTree International Equity Fund (DWM)

 

WisdomTree International Hedged Equity Fund (HDWM)

 

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

 

WisdomTree International Hedged SmallCap Dividend Fund (HDLS)

 

WisdomTree International High Dividend Fund (DTH)

 

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 Quality Dividend Growth Fund (JHDG)

 

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 Quality Dividend Growth Fund (JDG)

 

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 ex-State-Owned Enterprises Fund (CXSE)

 

WisdomTree Commodity Country Equity Fund (CCXE)

 

WisdomTree Emerging Markets Consumer Growth Fund (EMCG)

 

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)

 

WisdomTree Emerging Markets High Dividend Fund (DEM)

 

WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)

 

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

 

WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)

 

WisdomTree Global ex-U.S. Real Estate Fund (DRW)

 

WisdomTree Global ex-U.S. Utilities Fund (DBU)

 

WisdomTree Global High Dividend Fund (DEW)

 

WisdomTree Global Natural Resources Fund (GNAT)

 

WisdomTree Global SmallCap Dividend Fund (GSD)

 

WisdomTree India Earnings Fund (EPI)

 

WisdomTree Middle East Dividend Fund (GULF)

 

WisdomTree Dollar Sensitive Equity Funds

 

WisdomTree Strong Dollar Emerging Markets Equity Fund (EMSD)

 

WisdomTree Strong Dollar U.S. Equity Fund (USSD)

 

WisdomTree Weak Dollar U.S. Equity Fund (USWD)

 

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 Enhanced Yield Fund (AGGY)

 

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 Japan Interest Rate Strategy Fund (JGBB)

 

WisdomTree Strategic Corporate Bond Fund (CRDT)

 

WisdomTree Western Asset Unconstrained Bond Fund (UBND)

 

WisdomTree Alternative Funds

 

WisdomTree CBOE S&P 500 PutWrite Strategy Fund (PUTW)

 

WisdomTree Coal Fund (TONS)

 

WisdomTree Continuous Commodity Index Fund (GCC)

 

WisdomTree Dynamic Bearish U.S. Equity Fund (DYB)

 

WisdomTree Dynamic Long/Short U.S. Equity Fund (DYLS)

 

WisdomTree Global Real Return Fund (RRF)

 

WisdomTree Managed Futures Strategy Fund (WDTI)


Table of Contents

The WisdomTree Funds are exchange traded funds (“ETFs”) registered with the United States Securities and Exchange Commission as separate series (“Funds”) of WisdomTree Trust (“Trust”). WisdomTree Asset Management, Inc., a wholly owned subsidiary of WisdomTree Investments, Inc., serves as the investment adviser to the Trust. None of the WisdomTree entities are affiliated with Foreside Fund Services, LLC, the Funds’ distributor. WisdomTree Investments, its affiliates and their independent providers are not liable for any informational errors, incompleteness, delays, or for any actions taken in reliance on information contained herein.

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.


Table of Contents

WisdomTree Trust

245 Park Avenue, 35th Floor

New York, NY 10167

 

LOGO

 

LOGO

 

WisdomTree Global/Global ex-U.S. and Emerging/Frontier Markets

WisdomTree Asia Pacific ex-Japan Fund (AXJL)

WisdomTree China ex-State-Owned Enterprises Fund (CXSE)

(formerly, WisdomTree China Dividend ex-Financials Fund (CHXF))

WisdomTree Commodity Country Equity Fund (CCXE)

WisdomTree Emerging Markets Consumer Growth Fund (EMCG)

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)

WisdomTree Emerging Markets High Dividend Fund (DEM)

(formerly, WisdomTree Emerging Markets Equity Income Fund)

WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)

(formerly, WisdomTree Emerging Markets Dividend Growth Fund)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)

(formerly, WisdomTree Global ex-U.S. Dividend Growth Fund)

WisdomTree Global ex-U.S. Real Estate Fund (DRW)

WisdomTree Global ex-U.S. Utilities Fund (DBU)

WisdomTree Global High Dividend Fund (DEW)

(formerly, WisdomTree Global Equity Income Fund)

WisdomTree Global Natural Resources Fund (GNAT)

WisdomTree India Earnings Fund (EPI)

WisdomTree Middle East Dividend Fund (GULF)

WisdomTree Fund shares are distributed by Foreside Fund Services, LLC, in the U.S. only.

WTGM-1423


Table of Contents

LOGO

 

LOGO

 

WisdomTree Trust

Domestic Earnings and Dividend Funds

 

Annual Report

March 31, 2016

WisdomTree Dividend ex-Financials Fund (DTN)

WisdomTree Earnings 500 Fund (EPS)

WisdomTree High Dividend Fund (DHS)

(formerly, WisdomTree Equity Income Fund)

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. Quality Dividend Growth Fund (DGRW)

(formerly, WisdomTree U.S. Dividend Growth Fund)

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS)

(formerly, WisdomTree U.S. SmallCap Dividend Growth Fund)


Table of Contents

Table of Contents

 

 

Management’s Discussion of Funds’ Performance (unaudited)

       1   

Performance Summaries (unaudited)

       4   

Description of Indexes (unaudited)

       17   

Shareholder Expense Examples (unaudited)

       19   
Schedules of Investments     

WisdomTree Dividend ex-Financials Fund

       21   

WisdomTree Earnings 500 Fund

       23   

WisdomTree High Dividend Fund

       30   

WisdomTree LargeCap Dividend Fund

       36   

WisdomTree LargeCap Value Fund

       41   

WisdomTree MidCap Dividend Fund

       46   

WisdomTree MidCap Earnings Fund

       52   

WisdomTree SmallCap Dividend Fund

       60   

WisdomTree SmallCap Earnings Fund

       69   

WisdomTree Total Dividend Fund

       79   

WisdomTree Total Earnings Fund

       90   

WisdomTree U.S. Quality Dividend Growth Fund

       105   

WisdomTree U.S. SmallCap Quality Dividend Growth Fund

       109   

Statements of Assets and Liabilities

       113   

Statements of Operations

       116   

Statements of Changes in Net Assets

       119   

Financial Highlights

       124   

Notes to Financial Statements

       131   

Report of Independent Registered Public Accounting Firm

       143   

Trustees and Officers Information (unaudited)

       144   

Supplemental Information (unaudited)

       146   

General Information (unaudited)

       147   

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


Table of Contents

Management’s Discussion of Funds’ Performance (unaudited)

 

Market Environment Overview

The U.S. equity market, as measured by the S&P 500® Index, returned 1.78% for the 12-month period ended March 31, 2016 (the “period”). After bottoming in March of 2009, the S&P 500® Index recorded its seventh straight year of gains. Measured from March 31, 2009 through March 31, 2016, the seven year cumulative total return on the S&P 500® Index was 199.55%. This represents a substantial recovery in the equity markets as earnings and dividend levels reached and surpassed previous levels. In fact, this was also enough for the S&P 500® Index to reach new highs.

While the overall return for the period was positive, it was marked by several bouts of volatility. One of the most significant events over the period was the prolonged decline in energy prices and, most notably, crude oil which briefly dipped below $30 a barrel for the first time in 12 years. This dragged on the performance of not only the Energy sector, but the Financials sector as well, as investors contemplated the contagion effects of low energy prices on the credit markets. Another important topic over the period was the volatility in the foreign exchange markets tied to different central bank agendas around the world. In December, the U.S. Federal Reserve (Fed) raised interest rates for the first time since the 2008 financial crisis. Contrast this with the European Central Bank (ECB) and the Bank of Japan (BOJ) which both took further measures throughout the period to stimulate growth in their respective domiciles, with the ECB and BOJ implementing negative interest rate policies amid renewed concerns over global growth. Over the period, it is also notable that U.S. 10-year government note yields actually fell. The U.S. 10-year government yields started the period by rising on expectations of the Fed’s eventual rate hike, but reversed as fears of a U.S. recession peaked in February.

WisdomTree Funds’ Performance Overview

The following table reflects the WisdomTree Funds’ performance versus their capitalization-weighted benchmark indexes:

 

Ticker   WisdomTree Fund   1-Year
NAV Return
  Performance Benchmark   1-Year
Return
       Difference

DTN

  WisdomTree Dividend ex-Financials Fund   2.96%   Dow Jones U.S. Select Dividend IndexSM     8.87%         -5.91%

EPS

  WisdomTree Earnings 500 Fund   -0.45%   S&P 500® Index     1.78%         -2.23%

DHS

  WisdomTree High Dividend Fund   7.88%   Russell 1000® Value Index     -1.54%         9.42%

DLN

  WisdomTree LargeCap Dividend Fund   3.04%   S&P 500® Index     1.78%         1.26%

EZY

  WisdomTree LargeCap Value Fund   -4.00%   Russell 1000® Value Index     -1.54%         -2.46%

DON

  WisdomTree MidCap Dividend Fund   2.98%   S&P MidCap 400® Index     -3.60%         6.58%

EZM

  WisdomTree MidCap Earnings Fund   -5.29%   S&P MidCap 400® Index     -3.60%         -1.69%

DES

  WisdomTree SmallCap Dividend Fund   -1.69%   Russell 2000® Index     -9.76%         8.07%

EES

  WisdomTree SmallCap Earnings Fund   -7.60%   Russell 2000® Index     -9.76%         2.16%

DTD

  WisdomTree Total Dividend Fund   2.84%   Russell 3000® Index     -0.34%         3.18%

EXT

  WisdomTree Total Earnings Fund   -1.18%   Russell 3000® Index     -0.34%         -0.84%

DGRW

  WisdomTree U.S. Quality Dividend Growth Fund   2.25%   NASDAQ U.S. Dividend AchieversTM Select Index     3.09%         -0.84%

DGRS

  WisdomTree U.S. SmallCap Quality Dividend Growth Fund   -4.42%   Russell 2000® Index     -9.76%         5.34%

The top-performing performance benchmark within the above table was the Dow Jones U.S. Select Dividend IndexSM, which is a measure of dividend paying value stocks. Of the performance benchmarks shown, the Russell 2000® Index was the lowest performer, indicating that small-cap stocks lagged large- and mid-cap stocks over the period. Within the Russell 2000® Index, energy exposure was a leading detractor from performance over the period.

 

WisdomTree Domestic Earnings and Dividend Funds      1   


Table of Contents

Management’s Discussion of Funds’ Performance (unaudited) (continued)

 

WisdomTree’s fundamentally-weighted funds are designed to track indexes based on the dividend stream or earnings stream, respectively, generated by the companies included in the underlying WisdomTree Index. The dividend stream is defined as the sum of the dollar value of dividends indicated to be paid by each company. The earnings stream is defined as the total dollar level of earnings for all companies within each Index. There are two primary factors that drive performance differentials of the WisdomTree Funds and Indexes versus their performance benchmarks. The first is aggregate exposure to one or more sectors. The second is stock selection within each sector. Both of these are determined as part of WisdomTree’s rules-based index methodology. These exposures are not subjectively determined. Rather, they are objectively determined at the Index rebalancing dates based on the dividend or earnings stream.

Six of the ten sectors represented within the S&P 500® Index experienced positive performance over the period. The best-performing sector over the period was the Telecommunication Services sector, with Utilities and Consumer Staples sectors close behind. Each of these sectors delivered a return greater than 10% over the period. While defensive sectors generally outperformed, the Healthcare sector lagged as many investors rotated away from momentum plays, particularly within the biotechnology. Consumer Discretionary and Information Technology sectors tend to be higher growth and more economically sensitive, which allowed them to benefit from a continual improvement in the economy and consumers with greater disposable income due to the decline in gas prices. The worst performing sectors over the period were the Financials, Healthcare, Materials, and Energy sectors. The Energy, Materials, and Financials sectors were under pressure as concerns about global growth and a slow-down in China grew. Energy and Financials sectors were also affected by the prolonged decline in energy prices as investors contemplated the potential for increased default rates in the Energy sector.

The performance of most WisdomTree dividend-weighted Funds compared to their performance benchmark was favorable over the period. This ultimately makes sense, in that WisdomTree’s dividend-focused approaches have tended to historically tilt greater weight toward dividend-paying firms, and dividend paying equities tend to do well when interest rates are under pressure. The performance of most of the WisdomTree earnings-weighted Funds compared to its performance benchmark was unfavorable over the period. The WisdomTree earnings-weighted Funds track an underlying WisdomTree Index that focuses solely on generating exposure to the performance of companies that have generated positive profits on a cumulative basis leading up to the Index screening date. Although we feel investing in only profitable companies is a long term prudent strategy, during certain years, market performance can be driven by momentum and future growth expectations of more speculative and less profitable companies.

The strongest relative performance advantage measured versus the requisite performance benchmarks came with respect to the WisdomTree High Dividend Fund (DHS), outperforming its performance benchmark by 9.42%, driven primarily by stock selection within the Financials and Consumer Staples sectors in addition to a large overweight in the Telecommunication Services sector. The WisdomTree SmallCap Dividend Fund (DES) also saw strong relative outperformance with selection again being a major driver of performance. DES’s fundamentally-weighted methodology helps highlight how value outperformed market capitalization-weighted benchmarks over the period. The WisdomTree MidCap Dividend Fund (DON) also displayed strong performance over the period and outperformed its performance benchmark, primarily due to stock selection among Consumer Discretionary, Energy, and Information Technology sectors.

Fund returns are shown at NAV. Please see Performance Summaries on the subsequent pages for more complete performance information. Please see pages 17 and 18 for a list of index descriptions.

 

2   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Management’s Discussion of Funds’ Performance (unaudited) (concluded)

 

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

 

WisdomTree Domestic Earnings and Dividend Funds      3   


Table of Contents

Performance Summary (unaudited)

WisdomTree Dividend ex-Financials Fund (DTN)

 

Sector Breakdown as of 3/31/16

 

Sector   % of Net Assets  

Utilities

    16.7%   

Consumer Discretionary

    14.6%   

Energy

    12.4%   

Consumer Staples

    11.1%   

Industrials

    10.7%   

Information Technology

    10.3%   

Materials

    8.6%   

Healthcare

    7.8%   

Telecommunication Services

    6.7%   

Investment Company

    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.

 

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

Top Ten Holdings* as of 3/31/16

 

Description   % of Net Assets  

CenturyLink, Inc.

    3.0%   

Mattel, Inc.

    2.3%   

Spectra Energy Corp.

    2.2%   

Las Vegas Sands Corp.

    2.2%   

CenterPoint Energy, Inc.

    2.1%   

AT&T, Inc.

    1.9%   

Exelon Corp.

    1.8%   

Entergy Corp.

    1.8%   

Verizon Communications, Inc.

    1.8%   

Duke Energy 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 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 2.96% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information see the table below). The Fund benefited from its position in the Consumer Staples sector. The Fund’s position in the Energy sector created the greatest drag on performance.

The following performance table 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, 2015, the Fund’s annual expense ratio was 0.38%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       2.96      10.18      12.30      8.07

Fund Market Price Returns

       2.90      10.17      12.28      8.05

WisdomTree Dividend Top 100/Dividend ex-Financials Spliced Index2

       3.40      10.61      12.72      8.47

Dow Jones U.S. Select Dividend IndexSM

       8.87      12.83      13.61      7.23
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.

 

LOGO

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 Earnings 500 Fund (EPS)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Financials

    21.2%   

Information Technology

    19.8%   

Consumer Discretionary

    12.1%   

Industrials

    11.1%   

Healthcare

    10.8%   

Consumer Staples

    10.4%   

Energy

    5.2%   

Utilities

    3.6%   

Materials

    2.7%   

Telecommunication Services

    2.7%   

Investment Company

    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 3/31/16

 

Description   % of Net Assets  

Apple, Inc.

    5.3%   

Berkshire Hathaway, Inc., Class B

    2.5%   

Exxon Mobil Corp.

    2.4%   

JPMorgan Chase & Co.

    2.3%   

Wells Fargo & Co.

    2.0%   

Wal-Mart Stores, Inc.

    1.8%   

Verizon Communications, Inc.

    1.7%   

Johnson & Johnson

    1.6%   

Microsoft Corp.

    1.6%   

Gilead Sciences, 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 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 -0.45% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information see table below). The Fund benefited the most from its position in the Consumer Staples sector. The Fund’s position in the Financials sector created the greatest drag on performance.

The following performance table 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, 2015, the Fund’s annual expense ratio was 0.28%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       -0.45      10.63      11.03      5.83

Fund Market Price Returns

       -0.56      10.61      11.02      5.82

WisdomTree Earnings 500 Index

       -0.24      10.93      11.32      6.13

S&P 500® Index

       1.78      11.82      11.58      6.18
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on February 23, 2007.

LOGO

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 High Dividend Fund (DHS)

(formerly, WisdomTree Equity Income Fund)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Consumer Staples

    17.8%   

Energy

    15.0%   

Financials

    14.6%   

Telecommunication Services

    10.8%   

Utilities

    10.8%   

Consumer Discretionary

    7.4%   

Industrials

    7.3%   

Information Technology

    7.2%   

Healthcare

    6.4%   

Materials

    2.1%   

Investment Company

    0.3%   

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 3/31/16

 

Description   % of Net Assets  

AT&T, Inc.

    5.4%   

Exxon Mobil Corp.

    5.1%   

Verizon Communications, Inc.

    4.5%   

General Electric Co.

    3.7%   

Chevron Corp.

    3.6%   

Procter & Gamble Co. (The)

    3.1%   

Wal-Mart Stores, Inc.

    2.9%   

Philip Morris International, Inc.

    2.9%   

Pfizer, Inc.

    2.6%   

Coca-Cola Co. (The)

    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 High Dividend Fund (the ‘‘Fund’’) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree High Dividend Index. Prior to August 31, 2015, the WisdomTree High Dividend Index was named the WisdomTree Equity Income Index.

The Fund returned 7.88% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in the Consumer Staples sector. The Fund’s position in the Energy sector created the greatest drag on performance.

The following performance table 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, 2015, the Fund’s annual expense ratio was 0.38%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       7.88      10.89      13.18      6.36

Fund Market Price Returns

       7.83      10.86      13.17      6.36

WisdomTree High Dividend Index

       8.38      11.27      13.61      6.70

Russell 1000® Value Index

       -1.54      9.38      10.25      6.02
1 

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

LOGO

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 LargeCap Dividend Fund (DLN)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Consumer Staples

    15.3%   

Information Technology

    14.5%   

Financials

    14.5%   

Energy

    10.8%   

Healthcare

    10.7%   

Industrials

    10.3%   

Consumer Discretionary

    8.8%   

Telecommunication Services

    6.7%   

Utilities

    5.5%   

Materials

    2.4%   

Investment Company

    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 3/31/16

 

Description   % of Net Assets  

Exxon Mobil Corp.

    3.5%   

AT&T, Inc.

    3.5%   

Microsoft Corp.

    3.0%   

Apple, Inc.

    2.9%   

Verizon Communications, Inc.

    2.8%   

General Electric Co.

    2.3%   

Chevron Corp.

    2.3%   

Johnson & Johnson

    2.3%   

Procter & Gamble Co. (The)

    1.9%   

Wal-Mart Stores, 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 3.04% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in the Consumer Staples sector. The Fund’s position in the Energy sector created the greatest drag on performance.

The following performance table 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, 2015, the Fund’s annual expense ratio was 0.28%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       3.04      10.44      11.76      6.86

Fund Market Price Returns

       2.93      10.43      11.75      6.83

WisdomTree LargeCap Dividend Index

       3.36      10.74      12.06      7.21

S&P 500® Index

       1.78      11.82      11.58      7.49
1 

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

LOGO

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 LargeCap Value Fund (EZY)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Consumer Discretionary

    22.1%   

Consumer Staples

    16.9%   

Industrials

    14.3%   

Financials

    13.9%   

Healthcare

    12.0%   

Energy

    7.5%   

Information Technology

    6.1%   

Materials

    3.8%   

Utilities

    2.7%   

Investment Company

    0.3%   

Telecommunication Services

    0.3%   

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 3/31/16

 

Description   % of Net Assets  

Mondelez International, Inc., Class A

    4.0%   

Home Depot, Inc. (The)

    3.4%   

UnitedHealth Group, Inc.

    3.3%   

CVS Health Corp.

    2.8%   

Boeing Co. (The)

    2.6%   

Phillips 66

    2.4%   

Valero Energy Corp.

    2.3%   

Lockheed Martin Corp.

    2.0%   

Dow Chemical Co. (The)

    1.9%   

Travelers Cos., Inc. (The)

    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 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 -4.00% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in the Utilities sector. The Fund’s position in the Information Technology sector created the greatest drag on performance.

The following performance table 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, 2015, the Fund’s annual expense ratio was 0.38%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       -4.00      10.11      9.56      4.35

Fund Market Price Returns

       -4.08      10.12      9.57      4.37

WisdomTree Low P/E/LargeCap Value Spliced Index2

       -3.65      10.51      9.95      4.72

Russell 1000® Value Index

       -1.54      9.38      10.25      4.35
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.

LOGO

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 MidCap Dividend Fund (DON)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Financials

    23.9%   

Consumer Discretionary

    18.9%   

Utilities

    15.2%   

Industrials

    14.2%   

Materials

    8.0%   

Information Technology

    7.3%   

Energy

    5.3%   

Consumer Staples

    3.3%   

Healthcare

    2.0%   

Telecommunication Services

    1.5%   

Investment Company

    0.1%   

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 3/31/16

 

Description   % of Net Assets  

ONEOK, Inc.

    1.7%   

Mattel, Inc.

    1.5%   

Frontier Communications Corp.

    1.4%   

CenterPoint Energy, Inc.

    1.2%   

Coach, Inc.

    1.1%   

CMS Energy Corp.

    0.9%   

SCANA Corp.

    0.9%   

Macquarie Infrastructure Corp.

    0.8%   

Staples, Inc.

    0.8%   

AES 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 2.98% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please the table below). The Fund benefited most from its position in the Utilities sector. The Fund’s position in the Energy sector created the greatest drag on performance.

The following performance table 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, 2015, the Fund’s annual expense ratio was 0.38%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       2.98      12.64      12.90      8.91

Fund Market Price Returns

       2.89      12.60      12.89      8.95

WisdomTree MidCap Dividend Index

       3.38      12.97      13.22      8.94

S&P MidCap 400® Index

       -3.60      9.46      9.52      8.67
1 

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

LOGO

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 MidCap Earnings Fund (EZM)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Financials

    23.2%   

Industrials

    19.0%   

Consumer Discretionary

    18.8%   

Information Technology

    12.2%   

Utilities

    6.9%   

Energy

    5.3%   

Healthcare

    5.1%   

Materials

    4.8%   

Consumer Staples

    4.1%   

Telecommunication Services

    0.3%   

Investment Company

    0.2%   

Other Assets less Liabilities

    0.1%   

Total

    100.0%   

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries.

 

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

Top Ten Holdings* as of 3/31/16

 

Description   % of Net Assets  

Antero Resources Corp.

    1.8%   

Pilgrim’s Pride Corp.

    0.9%   

TEGNA, Inc.

    0.8%   

Radian Group, Inc.

    0.8%   

Navient Corp.

    0.8%   

MGIC Investment Corp.

    0.8%   

Discovery Communications, Inc., Class A

    0.8%   

First Solar, Inc.

    0.7%   

Scripps Networks Interactive, Inc., Class A

    0.7%   

Popular, Inc.

    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 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 -5.29% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in the Utilities sector. The Fund’s position in the Energy sector created the greatest drag on performance.

The following performance table 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, 2015, the Fund’s annual expense ratio was 0.38%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       -5.29      9.85      10.37      8.12

Fund Market Price Returns

       -5.50      9.81      10.36      8.12

WisdomTree MidCap Earnings Index

       -5.05      10.10      10.64      8.34

S&P MidCap 400® Index

       -3.60      9.46      9.52      7.37
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on February 23, 2007.

LOGO

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 SmallCap Dividend Fund (DES)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Financials

    24.6%   

Consumer Discretionary

    17.8%   

Industrials

    16.6%   

Utilities

    9.9%   

Materials

    7.4%   

Information Technology

    7.3%   

Consumer Staples

    5.5%   

Energy

    4.0%   

Healthcare

    3.7%   

Telecommunication Services

    2.3%   

Investment Company

    0.7%   

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 3/31/16

 

Description   % of Net Assets  

Targa Resources Corp.

    1.5%   

Cal-Maine Foods, Inc.

    1.3%   

Covanta Holding Corp.

    1.1%   

Innoviva, Inc.

    1.1%   

Regal Entertainment Group, Class A

    0.9%   

Black Hills Corp.

    0.8%   

ALLETE, Inc.

    0.8%   

Pattern Energy Group, Inc.

    0.8%   

Joy Global, Inc.

    0.7%   

Laclede Group, Inc. (The)

    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 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 -1.69% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in the Utilities sector. The Fund’s position in the Energy sector created the greatest drag on performance.

The following performance table 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, 2015, the Fund’s annual expense ratio was 0.38%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       -1.69      9.41      10.62      7.02

Fund Market Price Returns

       -1.83      9.35      10.63      7.00

WisdomTree SmallCap Dividend Index

       -1.59      9.35      10.70      7.07

Russell 2000® Index

       -9.76      6.84      7.20      6.42
1 

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

LOGO

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 SmallCap Earnings Fund (EES)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Financials

    24.2%   

Industrials

    21.1%   

Consumer Discretionary

    17.9%   

Information Technology

    11.3%   

Healthcare

    7.8%   

Energy

    5.5%   

Materials

    4.1%   

Consumer Staples

    4.0%   

Utilities

    2.5%   

Telecommunication Services

    1.0%   

Investment Company

    0.3%   

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 3/31/16

 

Description   % of Net Assets  

EP Energy Corp., Class A

    2.0%   

Sanderson Farms, Inc.

    0.9%   

Joy Global, Inc.

    0.9%   

Atwood Oceanics, Inc.

    0.8%   

Hyatt Hotels Corp., Class A

    0.8%   

PDL BioPharma, Inc.

    0.7%   

Nelnet, Inc., Class A

    0.7%   

Swift Transportation Co.

    0.7%   

First BanCorp

    0.7%   

Rambus, Inc.

    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 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 -7.60% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in the Consumer Staples sector. The Fund’s position in the Energy sector created the greatest drag on performance.

The following performance table 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, 2015, the Fund’s annual expense ratio was 0.38%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       -7.60      7.88      8.40      6.17

Fund Market Price Returns

       -7.81      7.85      8.35      6.14

WisdomTree SmallCap Earnings Index

       -7.54      7.97      8.58      6.26

Russell 2000® Index

       -9.76      6.84      7.20      4.77
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on February 23, 2007.

LOGO

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 Total Dividend Fund (DTD)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Financials

    18.8%   

Consumer Staples

    13.2%   

Information Technology

    13.0%   

Industrials

    10.4%   

Consumer Discretionary

    9.8%   

Energy

    9.7%   

Healthcare

    9.2%   

Utilities

    6.4%   

Telecommunication Services

    5.9%   

Materials

    3.1%   

Investment Company

    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 3/31/16

 

Description   % of Net Assets  

Exxon Mobil Corp.

    2.9%   

AT&T, Inc.

    2.9%   

Microsoft Corp.

    2.5%   

Apple, Inc.

    2.4%   

Verizon Communications, Inc.

    2.4%   

General Electric Co.

    1.9%   

Chevron Corp.

    1.9%   

Johnson & Johnson

    1.9%   

Procter & Gamble Co. (The)

    1.6%   

Wal-Mart Stores, 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 2.84% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in the Consumer Staples sector. The Fund’s position in the Energy sector created the greatest drag on performance.

The following performance table 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, 2015, the Fund’s annual expense ratio was 0.28%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       2.84      10.62      11.80      7.09

Fund Market Price Returns

       2.65      10.63      11.78      7.08

WisdomTree Dividend Index

       3.15      10.91      12.15      7.52

Russell 3000® Index

       -0.34      11.15      11.01      7.47
1 

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

LOGO

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

Performance Summary (unaudited)

WisdomTree Total Earnings Fund (EXT)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Financials

    21.7%   

Information Technology

    18.9%   

Consumer Discretionary

    12.9%   

Industrials

    12.3%   

Healthcare

    10.0%   

Consumer Staples

    9.7%   

Energy

    5.3%   

Utilities

    3.8%   

Materials

    2.8%   

Telecommunication Services

    2.4%   

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 3/31/16

 

Description   % of Net Assets  

Apple, Inc.

    4.6%   

Exxon Mobil Corp.

    2.2%   

Berkshire Hathaway, Inc., Class B

    2.2%   

JPMorgan Chase & Co.

    2.0%   

Wells Fargo & Co.

    1.8%   

Wal-Mart Stores, Inc.

    1.5%   

Verizon Communications, Inc.

    1.5%   

Microsoft Corp.

    1.5%   

Johnson & Johnson

    1.4%   

Alphabet, Inc., Class A

    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 -1.18% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in the Consumer Staples sector. The Fund’s position in the Financials sector created the greatest drag on performance.

The following performance table 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, 2015, the Fund’s annual expense ratio was 0.28%.

Performance as of 3/31/16

 

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

Fund NAV Returns

       -1.18      10.44      10.85      6.08

Fund Market Price Returns

       -1.38      10.37      10.81      6.06

WisdomTree Earnings Index

       -0.95      10.80      11.19      6.34

Russell 3000® Index

       -0.34      11.15      11.01      6.10
1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on February 23, 2007.

LOGO

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 Domestic Earnings and Dividend Funds


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Performance Summary (unaudited)

WisdomTree U.S. Quality Dividend Growth Fund (DGRW)

(formerly, WisdomTree U.S. Dividend Growth Fund)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Industrials

    20.2%   

Consumer Discretionary

    20.2%   

Information Technology

    19.6%   

Consumer Staples

    18.5%   

Healthcare

    14.0%   

Financials

    3.4%   

Materials

    3.0%   

Energy

    0.9%   

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 3/31/16

 

Description   % of Net Assets  

Coca-Cola Co. (The)

    4.3%   

Microsoft Corp.

    3.5%   

Altria Group, Inc.

    3.3%   

Apple, Inc.

    3.3%   

AbbVie, Inc.

    2.7%   

International Business Machines Corp.

    2.4%   

McDonald’s Corp.

    2.1%   

Cisco Systems, Inc.

    1.9%   

3M Co.

    1.8%   

Home Depot, Inc. (The)

    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 U.S. Quality Dividend Growth Fund (the ‘‘Fund’’) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Quality Dividend Growth Index. Prior to August 31, 2015, the WisdomTree U.S. Quality Dividend Growth Index was named the WisdomTree U.S. Dividend Growth Index.

The Fund returned 2.25% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in the Consumer Staples sector. The Fund’s position in the Materials sector created the greatest drag on performance.

The following performance table 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, 2015, the Fund’s annual expense ratio was 0.28%.

Performance as of 3/31/16

 

        Average Annual Total Return  
        1 Year      Since
Inception1
 

Fund NAV Returns

       2.25      10.49

Fund Market Price Returns

       2.11      10.47

WisdomTree U.S. Quality Dividend Growth Index

       2.52      10.78

NASDAQ U.S. Dividend AchieversTM Select Index

       3.09      8.46
1 

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on May 22, 2013.

LOGO

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      15   


Table of Contents

Performance Summary (unaudited)

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS)

(formerly, WisdomTree U.S. SmallCap Dividend Growth Fund)

 

Sector Breakdown† as of 3/31/16

 

Sector   % of Net Assets  

Industrials

    25.4%   

Consumer Discretionary

    25.0%   

Materials

    11.9%   

Information Technology

    9.9%   

Financials

    9.8%   

Consumer Staples

    8.3%   

Utilities

    4.5%   

Healthcare

    2.6%   

Telecommunication Services

    1.4%   

Energy

    0.8%   

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.

 

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

Top Ten Holdings* as of 3/31/16

 

Description   % of Net Assets  

Cal-Maine Foods, Inc.

    2.5%   

South Jersey Industries, Inc.

    2.1%   

Nu Skin Enterprises, Inc., Class A

    1.8%   

Joy Global, Inc.

    1.7%   

Science Applications International Corp.

    1.4%   

Worthington Industries, Inc.

    1.3%   

Axiall Corp.

    1.3%   

Cohen & Steers, Inc.

    1.3%   

GATX Corp.

    1.2%   

DineEquity, 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 U.S. SmallCap Quality Dividend Growth Fund (the ‘‘Fund’’) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. SmallCap Quality Dividend Growth Index. Prior to August 31, 2015, the WisdomTree U.S. SmallCap Quality Dividend Growth Index was named the WisdomTree U.S. SmallCap Dividend Growth Index.

The Fund returned -4.42% at net asset value (“NAV”) for the fiscal year ending March 31, 2016 (for more complete performance information please see the table below). The Fund benefited the most from its position in the Utilities sector. The Fund’s position in the Industrials sector created the greatest drag on performance.

The following performance table 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, 2015, the Fund’s annual expense ratio was 0.38%.

Performance as of 3/31/16

 

        Average Annual Total Return  
        1 Year      Since
Inception1
 

Fund NAV Returns

       -4.42      6.62

Fund Market Price Returns

       -4.56      6.55

WisdomTree U.S. SmallCap Quality Dividend Growth Index

       -4.33      6.83

Russell 2000® Index

       -9.76      3.49
1 

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on July 25, 2013.

LOGO

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 Domestic Earnings and Dividend Funds


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 Financials 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 High Dividend 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.

 

WisdomTree Domestic Earnings and Dividend Funds      17   


Table of Contents

Description of Indexes (unaudited) (concluded)

 

The WisdomTree U.S. Quality Dividend Growth Index is comprised of dividend-paying stocks with growth characteristics.

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

 

18   WisdomTree Domestic Earnings and Dividend Funds


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 October 1, 2015 to March 31, 2016.

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 10/1/15 to 3/31/16” 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.

 

WisdomTree Domestic Earnings and Dividend Funds      19   


Table of Contents

Shareholder Expense Examples (unaudited) (concluded)

 

 

      Beginning
Account Value
10/1/15
     Ending
Account Value
3/31/16
     Annualized
Expense Ratio
Based on the
Period
10/1/15 to
3/31/16
    Expenses Paid
During the
Period†
10/1/15 to
3/31/16
 

WisdomTree Dividend ex-Financials Fund

          

Actual

   $ 1,000.00       $ 1,141.80         0.38   $ 2.03   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,023.10         0.38   $ 1.92   

WisdomTree Earnings 500 Fund

          

Actual

   $ 1,000.00       $ 1,070.90         0.28   $ 1.45   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,023.60         0.28   $ 1.42   

WisdomTree High Dividend Fund

          

Actual

   $ 1,000.00       $ 1,158.60         0.38   $ 2.05   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,023.10         0.38   $ 1.92   

WisdomTree LargeCap Dividend Fund

          

Actual

   $ 1,000.00       $ 1,107.40         0.28   $ 1.48   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,023.60         0.28   $ 1.42   

WisdomTree LargeCap Value Fund

          

Actual

   $ 1,000.00       $ 1,024.20         0.38   $ 1.92   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,023.10         0.38   $ 1.92   

WisdomTree MidCap Dividend Fund

          

Actual

   $ 1,000.00       $ 1,126.40         0.38   $ 2.02   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,023.10         0.38   $ 1.92   

WisdomTree MidCap Earnings Fund

          

Actual

   $ 1,000.00       $ 1,056.10         0.38   $ 1.95   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,023.10         0.38   $ 1.92   

WisdomTree SmallCap Dividend Fund

          

Actual

   $ 1,000.00       $ 1,105.90         0.38   $ 2.00   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,023.10         0.38   $ 1.92   

WisdomTree SmallCap Earnings Fund

          

Actual

   $ 1,000.00       $ 1,053.90         0.38   $ 1.95   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,023.10         0.38   $ 1.92   

WisdomTree Total Dividend Fund

          

Actual

   $ 1,000.00       $ 1,108.80         0.28   $ 1.48   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,023.60         0.28   $ 1.42   

WisdomTree Total Earnings Fund

          

Actual

   $ 1,000.00       $ 1,068.40         0.28   $ 1.45   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,023.60         0.28   $ 1.42   

WisdomTree U.S. Quality Dividend Growth Fund

  

       

Actual

   $ 1,000.00       $ 1,103.10         0.28   $ 1.47   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,023.60         0.28   $ 1.42   

WisdomTree U.S. SmallCap Quality Dividend Growth Fund

  

       

Actual

   $ 1,000.00       $ 1,093.20         0.38   $ 1.99   

Hypothetical (5% return before expenses)

   $ 1,000.00       $ 1,023.10         0.38   $ 1.92   
Expenses are calculated using each Fund’s annualized expense ratio, multiplied by the average account value for the period, multiplied by 183/366 (to reflect the one-half year period).

 

20   WisdomTree Domestic Earnings and Dividend Funds


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Schedule of Investments

WisdomTree Dividend ex-Financials Fund (DTN)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.9%      
United States – 98.9%      
Aerospace & Defense – 0.9%      

Lockheed Martin Corp.

     37,216       $ 8,243,344   
Air Freight & Logistics – 0.9%      

United Parcel Service, Inc. Class B

     78,170         8,244,590   
Automobiles – 2.3%      

Ford Motor Co.

     824,175         11,126,362   

General Motors Co.

     309,142         9,716,333   
     

 

 

 
Total Automobiles               20,842,695   
Beverages – 1.0%      

Coca-Cola Co. (The)

     196,863         9,132,475   
Biotechnology – 1.8%      

AbbVie, Inc.

     194,942         11,135,087   

Amgen, Inc.

     33,917         5,085,176   
     

 

 

 
Total Biotechnology               16,220,263   
Chemicals – 5.3%      

Air Products & Chemicals, Inc.

     48,715         7,017,396   

CF Industries Holdings, Inc.

     170,072         5,330,056   

Dow Chemical Co. (The)

     177,484         9,026,836   

E.I. du Pont de Nemours & Co.

     85,958         5,442,861   

Monsanto Co.

     65,178         5,718,718   

Mosaic Co. (The)

     318,044         8,587,188   

Praxair, Inc.

     64,742         7,409,722   
     

 

 

 
Total Chemicals               48,532,777   
Commercial Services & Supplies – 1.8%      

Republic Services, Inc.

     169,718         8,087,063   

Waste Management, Inc.

     149,797         8,838,023   
     

 

 

 
Total Commercial Services & Supplies               16,925,086   
Communications Equipment – 1.0%      

Cisco Systems, Inc.

     316,301         9,005,089   
Containers & Packaging – 2.1%      

International Paper Co.

     296,590         12,172,054   

WestRock Co.

     174,040         6,792,781   
     

 

 

 
Total Containers & Packaging               18,964,835   
Diversified Telecommunication Services – 6.7%      

AT&T, Inc.

     452,262         17,715,103   

CenturyLink, Inc.

     865,121         27,649,267   

Verizon Communications, Inc.

     297,843         16,107,349   
     

 

 

 
Total Diversified Telecommunication Services               61,471,719   
Electric Utilities – 11.5%      

American Electric Power Co., Inc.

     197,012         13,081,597   

Duke Energy Corp.

     192,879         15,561,478   

Entergy Corp.

     208,959         16,566,269   

Exelon Corp.

     470,422         16,869,333   

FirstEnergy Corp.

     391,911         14,097,039   

PPL Corp.

     364,493         13,876,248   

Southern Co. (The)

     294,915         15,255,953   
     

 

 

 
Total Electric Utilities               105,307,917   
Electrical Equipment – 1.3%      

Emerson Electric Co.

     224,330       12,199,065   
Energy Equipment & Services – 1.3%      

National Oilwell Varco, Inc.

     397,847         12,373,042   
Food & Staples Retailing – 2.1%      

Sysco Corp.

     198,027         9,253,802   

Wal-Mart Stores, Inc.

     150,788         10,327,470   
     

 

 

 
Total Food & Staples Retailing               19,581,272   
Food Products – 3.0%      

Archer-Daniels-Midland Co.

     240,990         8,750,347   

General Mills, Inc.

     140,829         8,921,517   

Kraft Heinz Co. (The)

     120,209         9,443,619   
     

 

 

 
Total Food Products               27,115,483   
Health Care Equipment & Supplies – 1.2%      

Abbott Laboratories

     129,558         5,419,411   

ResMed, Inc.

     97,708         5,649,477   
     

 

 

 
Total Health Care Equipment & Supplies               11,068,888   
Health Care Providers & Services – 0.7%      

Quest Diagnostics, Inc.

     88,551         6,326,969   
Hotels, Restaurants & Leisure – 3.5%      

Darden Restaurants, Inc.

     182,226         12,081,584   

Las Vegas Sands Corp.

     384,354         19,863,414   
     

 

 

 
Total Hotels, Restaurants & Leisure               31,944,998   
Household Products – 1.1%      

Procter & Gamble Co. (The)

     122,306         10,067,007   
Industrial Conglomerates – 0.9%      

General Electric Co.

     272,592         8,665,700   
IT Services – 3.2%      

International Business Machines Corp.

     74,489         11,281,359   

Paychex, Inc.

     159,151         8,595,745   

Western Union Co. (The)

     482,623         9,309,798   
     

 

 

 
Total IT Services               29,186,902   
Leisure Products – 2.3%      

Mattel, Inc.

     625,961         21,044,809   
Machinery – 3.8%      

Caterpillar, Inc.

     174,150         13,329,441   

Cummins, Inc.

     119,218         13,106,827   

Deere & Co.

     105,084         8,090,417   
     

 

 

 
Total Machinery               34,526,685   
Metals & Mining – 1.2%      

Nucor Corp.

     241,674         11,431,180   
Multi-Utilities – 5.2%      

CenterPoint Energy, Inc.

     940,476         19,674,758   

Consolidated Edison, Inc.

     184,899         14,166,961   

Public Service Enterprise Group, Inc.

     289,489         13,646,512   
     

 

 

 
Total Multi-Utilities               47,488,231   
Multiline Retail – 2.4%      

Kohl’s Corp.

     222,058         10,350,124   

Macy’s, Inc.

     269,426         11,878,992   
     

 

 

 
Total Multiline Retail               22,229,116   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      21   


Table of Contents

Schedule of Investments (concluded)

WisdomTree Dividend ex-Financials Fund (DTN)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Oil, Gas & Consumable Fuels – 11.1%      

Chevron Corp.

     145,471       $ 13,877,934   

ConocoPhillips

     305,822         12,315,452   

Exxon Mobil Corp.

     129,031         10,785,701   

HollyFrontier Corp.

     169,357         5,981,689   

Kinder Morgan, Inc.

     485,124         8,664,315   

Occidental Petroleum Corp.

     161,380         11,043,233   

Spectra Energy Corp.

     668,465         20,455,029   

Valero Energy Corp.

     110,833         7,108,829   

Williams Cos., Inc. (The)

     712,353         11,447,513   
     

 

 

 
Total Oil, Gas & Consumable Fuels               101,679,695   
Pharmaceuticals – 4.1%      

Bristol-Myers Squibb Co.

     87,716         5,603,298   

Eli Lilly & Co.

     78,414         5,646,592   

Johnson & Johnson

     78,080         8,448,256   

Merck & Co., Inc.

     178,629         9,451,261   

Pfizer, Inc.

     286,261         8,484,776   
     

 

 

 
Total Pharmaceuticals               37,634,183   
Semiconductors & Semiconductor Equipment – 3.1%      

KLA-Tencor Corp.

     123,199         8,970,119   

Maxim Integrated Products, Inc.

     219,948         8,089,687   

QUALCOMM, Inc.

     222,619         11,384,736   
     

 

 

 
Total Semiconductors & Semiconductor Equipment         28,444,542   
Software – 1.2%      

CA, Inc.

     351,813         10,832,322   
Specialty Retail – 2.5%      

Gap, Inc. (The)

     354,854         10,432,707   

Staples, Inc.

     1,124,721         12,405,673   
     

 

 

 
Total Specialty Retail               22,838,380   
Technology Hardware, Storage & Peripherals – 1.9%      

HP, Inc.

     870,367         10,722,921   

Western Digital Corp.

     138,795         6,556,676   
     

 

 

 
Total Technology Hardware, Storage & Peripherals         17,279,597   
Textiles, Apparel & Luxury Goods – 1.6%      

Coach, Inc.

     375,923         15,070,753   
Tobacco – 3.9%      

Altria Group, Inc.

     186,787         11,704,074   

Philip Morris International, Inc.

     145,369         14,262,153   

Reynolds American, Inc.

     187,613         9,438,810   
     

 

 

 
Total Tobacco               35,405,037   
Trading Companies & Distributors – 1.0%      

Fastenal Co.(a)

     187,971         9,210,579   
TOTAL COMMON STOCKS
(Cost: $839,691,132)
              906,535,225   
EXCHANGE-TRADED FUNDS – 0.8%      
United States – 0.8%      

WisdomTree LargeCap Dividend Fund(b)

     51,428       3,774,815   

WisdomTree MidCap Dividend Fund(b)

     44,357         3,819,581   
TOTAL EXCHANGE-TRADED FUNDS
(Cost: $7,117,820)
              7,594,396   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.9%   
United States – 0.9%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

(Cost: $7,851,900)(d)

     7,851,900         7,851,900   
TOTAL INVESTMENTS IN SECURITIES – 100.6%
(Cost: $854,660,852)
        921,981,521   

Liabilities in Excess of Cash and Other Assets – (0.6)%

  

     (5,788,815
     

 

 

 
NET ASSETS – 100.0%             $ 916,192,706   
(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Affiliated company (See Note 3).

 

(c) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(d) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $7,694,862 and the total market value of the collateral held by the Fund was $7,851,900.

 

See Notes to Financial Statements.

 

22   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments

WisdomTree Earnings 500 Fund (EPS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.6%      
United States – 99.6%      
Aerospace & Defense – 3.1%      

Boeing Co. (The)

     5,084       $ 645,363   

General Dynamics Corp.

     2,706         355,487   

Honeywell International, Inc.

     5,248         588,038   

L-3 Communications Holdings, Inc.

     616         72,996   

Lockheed Martin Corp.

     2,205         488,408   

Northrop Grumman Corp.

     1,176         232,730   

Raytheon Co.

     2,196         269,296   

Rockwell Collins, Inc.

     971         89,536   

Spirit AeroSystems Holdings, Inc. Class A*

     1,824         82,737   

Textron, Inc.

     1,992         72,628   

TransDigm Group, Inc.*

     233         51,339   

United Technologies Corp.

     7,347         735,435   
     

 

 

 
Total Aerospace & Defense               3,683,993   
Air Freight & Logistics – 0.8%      

C.H. Robinson Worldwide, Inc.

     946         70,221   

Expeditors International of Washington, Inc.

     1,118         54,570   

FedEx Corp.

     1,184         192,660   

United Parcel Service, Inc. Class B

     6,104         643,789   
     

 

 

 
Total Air Freight & Logistics               961,240   
Airlines – 1.8%      

Alaska Air Group, Inc.

     1,182         96,948   

American Airlines Group, Inc.

     13,816         566,594   

Delta Air Lines, Inc.

     6,917         336,720   

JetBlue Airways Corp.*

     2,839         59,960   

Southwest Airlines Co.

     5,024         225,075   

United Continental Holdings, Inc.*

     13,918         833,131   
     

 

 

 
Total Airlines               2,118,428   
Auto Components – 0.6%      

BorgWarner, Inc.

     1,850         71,040   

Goodyear Tire & Rubber Co. (The)

     10,916         360,010   

Johnson Controls, Inc.

     4,650         181,210   

Lear Corp.

     752         83,600   
     

 

 

 
Total Auto Components               695,860   
Automobiles – 1.0%      

Ford Motor Co.

     48,826         659,151   

General Motors Co.

     14,251         447,909   

Harley-Davidson, Inc.

     2,039         104,662   
     

 

 

 
Total Automobiles               1,211,722   
Banks – 8.7%      

Bank of America Corp.

     111,838         1,512,050   

BB&T Corp.

     6,375         212,096   

CIT Group, Inc.

     3,433         106,526   

Citigroup, Inc.

     31,795         1,327,441   

Citizens Financial Group, Inc.

     3,770         78,982   

Comerica, Inc.

     1,634         61,880   

Fifth Third Bancorp

     8,278         138,160   

First Republic Bank

     792         52,779   

Huntington Bancshares, Inc.

     7,732         73,763   

JPMorgan Chase & Co.

     46,342         2,744,373   

KeyCorp

     8,685       95,882   

M&T Bank Corp.

     989         109,779   

PNC Financial Services Group, Inc. (The)

     4,994         422,343   

Regions Financial Corp.

     11,584         90,934   

Signature Bank*

     271         36,889   

SunTrust Banks, Inc.

     5,104         184,152   

SVB Financial Group*

     308         31,431   

U.S. Bancorp

     16,649         675,783   

Wells Fargo & Co.

     49,469         2,392,321   
     

 

 

 
Total Banks               10,347,564   
Beverages – 1.7%      

Brown-Forman Corp. Class B

     875         86,161   

Coca-Cola Co. (The)

     17,177         796,841   

Coca-Cola Enterprises, Inc.

     1,433         72,710   

Constellation Brands, Inc. Class A

     874         132,053   

Dr. Pepper Snapple Group, Inc.

     1,006         89,957   

Molson Coors Brewing Co. Class B

     808         77,713   

Monster Beverage Corp.*

     363         48,417   

PepsiCo, Inc.

     6,416         657,512   
     

 

 

 
Total Beverages               1,961,364   
Biotechnology – 3.3%      

AbbVie, Inc.

     6,322         361,113   

Alexion Pharmaceuticals, Inc.*

     178         24,781   

Amgen, Inc.

     5,086         762,544   

Baxalta, Inc.

     3,757         151,783   

Biogen, Inc.*

     1,562         406,620   

Celgene Corp.*

     1,844         184,566   

Gilead Sciences, Inc.

     20,603         1,892,591   

Medivation, Inc.*

     763         35,083   

Regeneron Pharmaceuticals, Inc.*

     130         46,857   

United Therapeutics Corp.*

     517         57,609   
     

 

 

 
Total Biotechnology               3,923,547   
Building Products – 0.1%      

Fortune Brands Home & Security, Inc.

     612         34,297   

Masco Corp.

     1,676         52,710   
     

 

 

 
Total Building Products               87,007   
Capital Markets – 2.8%      

Affiliated Managers Group, Inc.*

     417         67,721   

Ameriprise Financial, Inc.

     1,864         175,235   

Bank of New York Mellon Corp. (The)

     7,772         286,243   

BlackRock, Inc.

     1,242         422,988   

Charles Schwab Corp. (The)

     4,960         138,979   

E*TRADE Financial Corp.*

     875         21,429   

Franklin Resources, Inc.

     6,767         264,251   

Goldman Sachs Group, Inc. (The)

     4,816         756,016   

Morgan Stanley

     22,248         556,422   

Northern Trust Corp.

     1,580         102,968   

Raymond James Financial, Inc.

     1,047         49,848   

SEI Investments Co.

     742         31,943   

State Street Corp.

     3,888         227,526   

T. Rowe Price Group, Inc.

     2,009         147,581   

TD Ameritrade Holding Corp.

     2,828         89,167   
     

 

 

 
Total Capital Markets               3,338,317   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      23   


Table of Contents

Schedule of Investments (continued)

WisdomTree Earnings 500 Fund (EPS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Chemicals – 2.1%      

Air Products & Chemicals, Inc.

     1,190       $ 171,419   

Airgas, Inc.

     347         49,149   

Ashland, Inc.

     548         60,258   

Celanese Corp. Series A

     919         60,195   

CF Industries Holdings, Inc.

     2,765         86,655   

Dow Chemical Co. (The)

     9,180         466,895   

E.I. du Pont de Nemours & Co.

     4,071         257,776   

Eastman Chemical Co.

     1,488         107,478   

Ecolab, Inc.

     1,235         137,727   

GCP Applied Technologies, Inc.*

     228         4,546   

International Flavors & Fragrances, Inc.

     488         55,520   

Monsanto Co.

     3,030         265,852   

Mosaic Co. (The)

     4,986         134,622   

PPG Industries, Inc.

     1,436         160,100   

Praxair, Inc.

     1,663         190,330   

Sherwin-Williams Co. (The)

     436         124,116   

Valspar Corp. (The)

     525         56,186   

W.R. Grace & Co.*

     228         16,229   

Westlake Chemical Corp.

     1,583         73,293   
     

 

 

 
Total Chemicals               2,478,346   
Commercial Services & Supplies – 0.3%      

Cintas Corp.

     567         50,922   

Republic Services, Inc.

     1,812         86,342   

Stericycle, Inc.*

     334         42,148   

Waste Connections, Inc.

     377         24,350   

Waste Management, Inc.

     1,764         104,076   
     

 

 

 
Total Commercial Services & Supplies               307,838   
Communications Equipment – 1.2%      

Cisco Systems, Inc.

     43,893         1,249,634   

F5 Networks, Inc.*

     438         46,362   

Harris Corp.

     558         43,446   

Juniper Networks, Inc.

     2,065         52,678   

Motorola Solutions, Inc.

     664         50,265   
     

 

 

 
Total Communications Equipment               1,442,385   
Construction & Engineering – 0.1%      

Fluor Corp.

     1,919         103,050   
Construction Materials – 0.0%      

Martin Marietta Materials, Inc.

     222         35,411   

Vulcan Materials Co.

     197         20,797   
     

 

 

 
Total Construction Materials               56,208   
Consumer Finance – 1.3%      

American Express Co.

     9,117         559,784   

Capital One Financial Corp.

     6,539         453,218   

Discover Financial Services

     4,909         249,966   

Synchrony Financial*

     8,830         253,068   
     

 

 

 
Total Consumer Finance               1,516,036   
Containers & Packaging – 0.3%      

Ball Corp.

     518         36,928   

Crown Holdings, Inc.*

     911         45,177   

International Paper Co.

     3,769         154,680   

Packaging Corp. of America

     872       52,669   

Sealed Air Corp.

     698         33,511   

WestRock Co.

     1,444         56,359   
     

 

 

 
Total Containers & Packaging               379,324   
Distributors – 0.1%      

Genuine Parts Co.

     986         97,969   

LKQ Corp.*

     1,715         54,760   
     

 

 

 
Total Distributors               152,729   
Diversified Consumer Services – 0.0%      

H&R Block, Inc.

     1,978         52,259   
Diversified Financial Services – 3.3%      

Berkshire Hathaway, Inc. Class B*

     20,884         2,963,022   

CME Group, Inc.

     1,642         157,714   

FactSet Research Systems, Inc.

     164         24,851   

Intercontinental Exchange, Inc.

     586         137,792   

Leucadia National Corp.

     1,806         29,203   

McGraw Hill Financial, Inc.

     1,216         120,360   

Moody’s Corp.

     1,252         120,893   

MSCI, Inc.

     357         26,447   

Nasdaq, Inc.

     878         58,282   

Voya Financial, Inc.

     7,889         234,855   
     

 

 

 
Total Diversified Financial Services               3,873,419   
Diversified Telecommunication Services – 2.6%      

AT&T, Inc.

     24,332         953,084   

CenturyLink, Inc.

     2,879         92,013   

Level 3 Communications, Inc.*

     465         24,575   

Verizon Communications, Inc.

     37,374         2,021,186   
     

 

 

 
Total Diversified Telecommunication Services               3,090,858   
Electric Utilities – 2.3%      

American Electric Power Co., Inc.

     3,822         253,781   

Duke Energy Corp.

     4,519         364,593   

Edison International

     2,913         209,415   

Eversource Energy

     2,312         134,882   

Exelon Corp.

     7,945         284,908   

FirstEnergy Corp.

     3,109         111,831   

NextEra Energy, Inc.

     3,801         449,810   

PG&E Corp.

     3,187         190,328   

Pinnacle West Capital Corp.

     727         54,576   

PPL Corp.

     6,320         240,602   

Southern Co. (The)

     6,484         335,417   

Xcel Energy, Inc.

     3,552         148,545   
     

 

 

 
Total Electric Utilities               2,778,688   
Electrical Equipment – 0.4%      

Acuity Brands, Inc.

     109         23,777   

AMETEK, Inc.

     1,392         69,572   

Emerson Electric Co.

     5,942         323,126   

Rockwell Automation, Inc.

     1,012         115,115   
     

 

 

 
Total Electrical Equipment               531,590   

 

See Notes to Financial Statements.

 

24   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree Earnings 500 Fund (EPS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Electronic Equipment, Instruments & Components – 0.3%      

Amphenol Corp. Class A

     1,740       $ 100,607   

CDW Corp.

     1,001         41,541   

Corning, Inc.

     11,965         249,949   
     

 

 

 
Total Electronic Equipment, Instruments & Components         392,097   
Energy Equipment & Services – 0.3%      

Cameron International Corp.*

     1,069         71,677   

FMC Technologies, Inc.*

     2,067         56,553   

Halliburton Co.

     936         33,434   

National Oilwell Varco, Inc.

     5,001         155,531   
     

 

 

 
Total Energy Equipment & Services               317,195   
Food & Staples Retailing – 3.5%      

Costco Wholesale Corp.

     1,820         286,795   

CVS Health Corp.

     6,579         682,440   

Kroger Co. (The)

     5,665         216,686   

Rite Aid Corp.*

     31,359         255,576   

Sysco Corp.

     1,931         90,236   

Wal-Mart Stores, Inc.

     31,255         2,140,655   

Walgreens Boots Alliance, Inc.

     5,120         431,309   

Whole Foods Market, Inc.

     1,864         57,989   
     

 

 

 
Total Food & Staples Retailing               4,161,686   
Food Products – 2.0%      

Archer-Daniels-Midland Co.

     6,033         219,058   

Campbell Soup Co.

     1,684         107,422   

ConAgra Foods, Inc.

     2,548         113,692   

General Mills, Inc.

     3,088         195,625   

Hershey Co. (The)

     1,062         97,800   

Hormel Foods Corp.

     2,129         92,058   

Ingredion, Inc.

     471         50,298   

J.M. Smucker Co. (The)

     391         50,768   

Kellogg Co.

     902         69,048   

Kraft Heinz Co. (The)

     477         37,473   

McCormick & Co., Inc. Non-Voting Shares

     621         61,777   

Mead Johnson Nutrition Co.

     1,068         90,748   

Mondelez International, Inc. Class A

     24,385         978,326   

Tyson Foods, Inc. Class A

     2,539         169,250   

WhiteWave Foods Co. (The)*

     458         18,613   
     

 

 

 
Total Food Products               2,351,956   
Gas Utilities – 0.0%      

AGL Resources, Inc.

     763         49,702   
Health Care Equipment & Supplies – 1.1%      

Abbott Laboratories

     6,295         263,320   

Baxter International, Inc.

     2,834         116,421   

Becton, Dickinson and Co.

     591         89,726   

Boston Scientific Corp.*

     3,401         63,973   

C.R. Bard, Inc.

     464         94,039   

Cooper Cos., Inc. (The)

     197         30,332   

DENTSPLY SIRONA, Inc.

     614         37,841   

Edwards Lifesciences Corp.*

     693         61,129   

Hologic, Inc.*

     381         13,144   

IDEXX Laboratories, Inc.*

     346         27,099   

Intuitive Surgical, Inc.*

     135         81,142   

ResMed, Inc.

     790       45,678   

St. Jude Medical, Inc.

     1,967         108,185   

Stryker Corp.

     1,490         159,862   

Varian Medical Systems, Inc.*

     677         54,173   

Zimmer Biomet Holdings, Inc.

     234         24,951   
     

 

 

 
Total Health Care Equipment & Supplies               1,271,015   
Health Care Providers & Services – 2.7%      

Aetna, Inc.

     2,592         291,211   

Anthem, Inc.

     2,501         347,614   

Cardinal Health, Inc.

     1,844         151,116   

Centene Corp.*

     747         45,993   

Cigna Corp.

     1,791         245,797   

DaVita HealthCare Partners, Inc.*

     1,335         97,962   

Express Scripts Holding Co.*

     3,284         225,578   

HCA Holdings, Inc.*

     3,823         298,385   

Henry Schein, Inc.*

     398         68,707   

Humana, Inc.

     798         145,994   

Laboratory Corp. of America Holdings*

     461         53,997   

McKesson Corp.

     1,382         217,320   

MEDNAX, Inc.*

     544         35,153   

Quest Diagnostics, Inc.

     1,233         88,098   

UnitedHealth Group, Inc.

     6,328         815,679   

Universal Health Services, Inc. Class B

     674         84,061   
     

 

 

 
Total Health Care Providers & Services               3,212,665   
Health Care Technology – 0.1%      

Cerner Corp.*

     1,029         54,496   

IMS Health Holdings, Inc.*

     1,761         46,754   
     

 

 

 
Total Health Care Technology               101,250   
Hotels, Restaurants & Leisure – 1.5%      

Aramark

     842         27,887   

Chipotle Mexican Grill, Inc.*

     112         52,749   

Darden Restaurants, Inc.

     594         39,382   

Hilton Worldwide Holdings, Inc.

     3,599         81,049   

Las Vegas Sands Corp.

     6,645         343,413   

Marriott International, Inc. Class A(a)

     1,548         110,187   

McDonald’s Corp.

     4,548         571,593   

Starbucks Corp.

     4,844         289,187   

Starwood Hotels & Resorts Worldwide, Inc.

     963         80,343   

Wyndham Worldwide Corp.

     936         71,538   

Yum! Brands, Inc.

     1,608         131,615   
     

 

 

 
Total Hotels, Restaurants & Leisure               1,798,943   
Household Durables – 0.5%      

D.R. Horton, Inc.

     2,824         85,369   

Harman International Industries, Inc.

     451         40,157   

Jarden Corp.*

     577         34,014   

Lennar Corp. Class A

     1,823         88,160   

Mohawk Industries, Inc.*

     413         78,842   

Newell Rubbermaid, Inc.

     1,208         53,502   

NVR, Inc.*

     27         46,775   

PulteGroup, Inc.

     3,267         61,126   

Toll Brothers, Inc.*

     1,182         34,881   

Whirlpool Corp.

     564         101,712   
     

 

 

 
Total Household Durables               624,538   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      25   


Table of Contents

Schedule of Investments (continued)

WisdomTree Earnings 500 Fund (EPS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Household Products – 1.5%      

Church & Dwight Co., Inc.

     642       $ 59,180   

Clorox Co. (The)

     636         80,174   

Colgate-Palmolive Co.

     4,786         338,131   

Kimberly-Clark Corp.

     677         91,063   

Procter & Gamble Co. (The)

     14,116         1,161,888   
     

 

 

 
Total Household Products               1,730,436   
Independent Power & Renewable Electricity Producers – 0.1%       

AES Corp.

     8,925         105,315   
Industrial Conglomerates – 1.5%      

3M Co.

     3,905         650,690   

Danaher Corp.

     3,241         307,442   

General Electric Co.

     22,542         716,610   

Roper Technologies, Inc.

     460         84,074   
     

 

 

 
Total Industrial Conglomerates               1,758,816   
Insurance – 3.2%      

Aflac, Inc.

     4,788         302,314   

Alleghany Corp.*

     126         62,521   

Allstate Corp. (The)

     4,396         296,159   

American Financial Group, Inc.

     725         51,018   

American International Group, Inc.

     7,968         430,670   

Arthur J. Gallagher & Co.

     903         40,165   

Cincinnati Financial Corp.

     1,122         73,334   

CNA Financial Corp.

     2,567         82,606   

Hartford Financial Services Group, Inc. (The)

     4,399         202,706   

Lincoln National Corp.

     3,101         121,559   

Loews Corp.

     2,186         83,636   

Markel Corp.*

     65         57,952   

Marsh & McLennan Cos., Inc.

     3,093         188,024   

MetLife, Inc.

     14,486         636,515   

Principal Financial Group, Inc.

     3,373         133,065   

Progressive Corp. (The)

     4,976         174,857   

Prudential Financial, Inc.

     2,302         166,251   

Torchmark Corp.

     1,169         63,313   

Travelers Cos., Inc. (The)

     3,949         460,888   

Unum Group

     1,498         46,318   

W.R. Berkley Corp.

     1,006         56,537   
     

 

 

 
Total Insurance               3,730,408   
Internet & Catalog Retail – 0.4%      

Amazon.com, Inc.*

     59         35,025   

Expedia, Inc.

     411         44,314   

Netflix, Inc.*

     187         19,117   

Priceline Group, Inc. (The)*

     235         302,906   

TripAdvisor, Inc.*

     393         26,134   
     

 

 

 
Total Internet & Catalog Retail               427,496   
Internet Software & Services – 2.1%      

Akamai Technologies, Inc.*

     744         41,344   

Alphabet, Inc. Class A*

     2,382         1,817,228   

eBay, Inc.*

     6,670         159,146   

Facebook, Inc. Class A*

     3,357         383,034   

VeriSign, Inc.*

     493         43,650   

Yahoo!, Inc.*

     1,061       39,055   
     

 

 

 
Total Internet Software & Services               2,483,457   
IT Services – 3.6%      

Alliance Data Systems Corp.*

     275         60,500   

Automatic Data Processing, Inc.

     2,049         183,816   

Broadridge Financial Solutions, Inc.

     634         37,602   

Cognizant Technology Solutions Corp. Class A*

     3,287         206,095   

Fidelity National Information Services, Inc.

     1,289         81,607   

Fiserv, Inc.*

     959         98,374   

FleetCor Technologies, Inc.*

     336         49,980   

Gartner, Inc.*

     239         21,355   

Global Payments, Inc.

     480         31,344   

International Business Machines Corp.

     12,055         1,825,730   

Jack Henry & Associates, Inc.

     321         27,147   

MasterCard, Inc. Class A

     4,832         456,624   

Paychex, Inc.

     1,708         92,249   

Sabre Corp.

     1,010         29,209   

Total System Services, Inc.

     785         37,350   

Vantiv, Inc. Class A*

     368         19,828   

Visa, Inc. Class A

     10,073         770,383   

Western Union Co. (The)

     5,912         114,042   

Xerox Corp.

     6,841         76,346   
     

 

 

 
Total IT Services               4,219,581   
Leisure Products – 0.1%      

Hasbro, Inc.

     815         65,282   

Mattel, Inc.

     1,528         51,371   

Polaris Industries, Inc.

     608         59,876   
     

 

 

 
Total Leisure Products               176,529   
Life Sciences Tools & Services – 0.4%      

Agilent Technologies, Inc.

     1,314         52,363   

Illumina, Inc.*

     317         51,388   

Mettler-Toledo International, Inc.*

     138         47,577   

Quintiles Transnational Holdings, Inc.*

     709         46,156   

Thermo Fisher Scientific, Inc.

     1,771         250,756   

Waters Corp.*

     475         62,662   
     

 

 

 
Total Life Sciences Tools & Services               510,902   
Machinery – 1.6%      

Caterpillar, Inc.

     5,678         434,594   

Cummins, Inc.

     2,325         255,611   

Deere & Co.

     3,507         270,004   

Dover Corp.

     1,277         82,149   

Illinois Tool Works, Inc.

     2,498         255,895   

PACCAR, Inc.

     4,182         228,714   

Parker-Hannifin Corp.

     1,244         138,184   

Snap-on, Inc.

     357         56,045   

Stanley Black & Decker, Inc.

     949         99,844   

Wabtec Corp.

     652         51,697   

Xylem, Inc.

     1,006         41,145   
     

 

 

 
Total Machinery               1,913,882   
Media – 3.9%      

Cablevision Systems Corp. Class A

     490         16,170   

CBS Corp. Class B Non-Voting Shares

     3,989         219,754   

 

See Notes to Financial Statements.

 

26   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree Earnings 500 Fund (EPS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Comcast Corp. Class A

     17,104       $ 1,044,712   

DISH Network Corp. Class A*

     2,488         115,095   

Interpublic Group of Cos., Inc. (The)

     2,685         61,621   

Omnicom Group, Inc.

     1,753         145,902   

Sirius XM Holdings, Inc.*

     16,965         67,012   

Time Warner Cable, Inc.

     1,282         262,323   

Time Warner, Inc.

     6,793         492,832   

Twenty-First Century Fox, Inc. Class A

     35,562         991,469   

Viacom, Inc. Class B

     5,559         229,475   

Walt Disney Co. (The)

     9,420         935,500   
     

 

 

 
Total Media               4,581,865   
Metals & Mining – 0.2%      

Alcoa, Inc.

     9,636         92,313   

Newmont Mining Corp.

     3,008         79,952   

Nucor Corp.

     1,863         88,120   
     

 

 

 
Total Metals & Mining               260,385   
Multi-Utilities – 1.1%      

Alliant Energy Corp.

     879         65,292   

Ameren Corp.

     1,653         82,815   

CenterPoint Energy, Inc.

     2,470         51,672   

CMS Energy Corp.

     1,792         76,052   

Consolidated Edison, Inc.

     2,564         196,454   

Dominion Resources, Inc.

     2,521         189,378   

DTE Energy Co.

     1,457         132,092   

Public Service Enterprise Group, Inc.

     2,599         122,517   

SCANA Corp.

     1,162         81,514   

Sempra Energy

     1,633         169,914   

WEC Energy Group, Inc.

     1,474         88,543   
     

 

 

 
Total Multi-Utilities               1,256,243   
Multiline Retail – 0.8%      

Dollar General Corp.

     1,921         164,438   

Dollar Tree, Inc.*

     527         43,456   

Kohl’s Corp.

     1,923         89,631   

Macy’s, Inc.

     4,310         190,028   

Nordstrom, Inc.(a)

     1,453         83,126   

Target Corp.

     4,848         398,893   
     

 

 

 
Total Multiline Retail               969,572   
Oil, Gas & Consumable Fuels – 4.9%      

Chevron Corp.

     9,375         894,375   

Concho Resources, Inc.*

     262         26,473   

EQT Corp.

     607         40,827   

Exxon Mobil Corp.

     33,304         2,783,881   

HollyFrontier Corp.

     1,628         57,501   

Kinder Morgan, Inc.

     7,912         141,308   

Marathon Petroleum Corp.

     8,407         312,572   

Phillips 66

     6,766         585,868   

Pioneer Natural Resources Co.

     659         92,748   

Spectra Energy Corp.

     4,078         124,787   

Tesoro Corp.

     1,939         166,773   

Valero Energy Corp.

     8,670         556,094   

Williams Cos., Inc. (The)

     1,689         27,142   
     

 

 

 
Total Oil, Gas & Consumable Fuels               5,810,349   
Personal Products – 0.1%      

Estee Lauder Cos., Inc. (The) Class A

     1,715       161,742   
Pharmaceuticals – 3.2%      

Bristol-Myers Squibb Co.

     3,751         239,614   

Eli Lilly & Co.

     3,272         235,617   

Johnson & Johnson

     17,719         1,917,196   

Merck & Co., Inc.

     8,022         424,444   

Pfizer, Inc.

     32,086         951,029   

Zoetis, Inc.

     1,228         54,437   
     

 

 

 
Total Pharmaceuticals               3,822,337   
Professional Services – 0.2%      

Equifax, Inc.

     503         57,488   

IHS, Inc. Class A*

     216         26,818   

ManpowerGroup, Inc.

     604         49,178   

Robert Half International, Inc.

     874         40,711   

Verisk Analytics, Inc.*

     777         62,098   
     

 

 

 
Total Professional Services               236,293   
Real Estate Investment Trusts (REITs) – 1.8%      

Alexandria Real Estate Equities, Inc.

     72         6,544   

American Tower Corp.

     761         77,904   

AvalonBay Communities, Inc.

     494         93,959   

Boston Properties, Inc.

     588         74,723   

Brixmor Property Group, Inc.

     736         18,856   

Camden Property Trust

     568         47,763   

Crown Castle International Corp.

     673         58,215   

Digital Realty Trust, Inc.

     368         32,564   

Duke Realty Corp.

     875         19,723   

Equity Residential

     1,350         101,290   

Essex Property Trust, Inc.

     75         17,540   

Extra Space Storage, Inc.

     306         28,599   

Federal Realty Investment Trust

     141         22,003   

General Growth Properties, Inc.

     4,922         146,331   

HCP, Inc.

     951         30,984   

Host Hotels & Resorts, Inc.

     4,849         80,978   

Kimco Realty Corp.

     2,475         71,230   

Macerich Co. (The)

     2,337         185,184   

Mid-America Apartment Communities, Inc.

     426         43,541   

Prologis, Inc.

     3,337         147,429   

Public Storage

     528         145,638   

Realty Income Corp.

     597         37,318   

Simon Property Group, Inc.

     1,081         224,513   

SL Green Realty Corp.

     225         21,798   

UDR, Inc.

     756         29,129   

Ventas, Inc.

     863         54,334   

Vornado Realty Trust

     595         56,186   

W.P. Carey, Inc.

     289         17,987   

Welltower, Inc.

     1,652         114,550   

Weyerhaeuser Co.

     2,783         86,217   
     

 

 

 
Total Real Estate Investment Trusts (REITs)               2,093,030   
Real Estate Management & Development – 0.1%      

CBRE Group, Inc. Class A*

     1,967         56,689   

Jones Lang LaSalle, Inc.

     324         38,012   
     

 

 

 
Total Real Estate Management & Development               94,701   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      27   


Table of Contents

Schedule of Investments (continued)

WisdomTree Earnings 500 Fund (EPS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Road & Rail – 1.0%      

AMERCO

     129       $ 46,093   

CSX Corp.

     9,436         242,977   

JB Hunt Transport Services, Inc.

     676         56,946   

Kansas City Southern

     768         65,626   

Norfolk Southern Corp.

     2,311         192,391   

Union Pacific Corp.

     7,855         624,865   
     

 

 

 
Total Road & Rail               1,228,898   
Semiconductors & Semiconductor Equipment – 3.0%      

Analog Devices, Inc.

     1,489         88,134   

Applied Materials, Inc.

     9,053         191,743   

Intel Corp.

     40,704         1,316,774   

KLA-Tencor Corp.

     821         59,777   

Lam Research Corp.

     1,293         106,802   

Linear Technology Corp.

     1,377         61,359   

Maxim Integrated Products, Inc.

     384         14,124   

Microchip Technology, Inc.

     1,028         49,550   

Micron Technology, Inc.*

     24,808         259,740   

NVIDIA Corp.

     2,307         82,198   

Qorvo, Inc.*

     186         9,376   

QUALCOMM, Inc.

     15,980         817,217   

Skyworks Solutions, Inc.

     1,169         91,065   

Texas Instruments, Inc.

     6,412         368,177   

Xilinx, Inc.

     1,515         71,856   
     

 

 

 
Total Semiconductors & Semiconductor Equipment         3,587,892   
Software – 3.4%      

Activision Blizzard, Inc.

     3,573         120,910   

Adobe Systems, Inc.*

     636         59,657   

ANSYS, Inc.*

     358         32,027   

CA, Inc.

     3,368         103,701   

Cadence Design Systems, Inc.*

     1,290         30,418   

CDK Global, Inc.

     492         22,903   

Citrix Systems, Inc.*

     498         39,133   

Electronic Arts, Inc.*

     1,504         99,429   

Intuit, Inc.

     648         67,398   

Microsoft Corp.

     34,450         1,902,674   

Oracle Corp.

     31,377         1,283,633   

Red Hat, Inc.*

     330         24,588   

SS&C Technologies Holdings, Inc.

     101         6,405   

Symantec Corp.

     4,269         78,464   

Synopsys, Inc.*

     611         29,597   

VMware, Inc. Class A*(a)

     1,922         100,540   
     

 

 

 
Total Software               4,001,477   
Specialty Retail – 2.4%      

Advance Auto Parts, Inc.

     398         63,815   

AutoNation, Inc.*

     890         41,545   

AutoZone, Inc.*

     189         150,574   

Bed Bath & Beyond, Inc.*

     2,042         101,365   

Best Buy Co., Inc.

     3,329         107,993   

CarMax, Inc.*

     1,299         66,379   

Foot Locker, Inc.

     1,075         69,338   

Gap, Inc. (The)

     3,695         108,633   

Home Depot, Inc. (The)

     6,294       839,809   

L Brands, Inc.

     1,412         123,988   

Lowe’s Cos., Inc.

     4,855         367,766   

O’Reilly Automotive, Inc.*

     452         123,694   

Ross Stores, Inc.

     2,268         131,317   

Staples, Inc.

     3,951         43,580   

Tiffany & Co.

     716         52,540   

TJX Cos., Inc. (The)

     3,935         308,307   

Tractor Supply Co.

     595         53,824   

Ulta Salon Cosmetics & Fragrance, Inc.*

     210         40,685   
     

 

 

 
Total Specialty Retail               2,795,152   
Technology Hardware, Storage & Peripherals – 6.2%      

Apple, Inc.

     57,509         6,267,906   

EMC Corp.

     11,312         301,465   

HP, Inc.

     44,623         549,755   

NetApp, Inc.

     1,797         49,040   

SanDisk Corp.

     768         58,430   

Western Digital Corp.

     2,514         118,761   
     

 

 

 
Total Technology Hardware, Storage & Peripherals               7,345,357   
Textiles, Apparel & Luxury Goods – 0.7%      

Coach, Inc.

     1,595         63,944   

Hanesbrands, Inc.

     1,723         48,830   

NIKE, Inc. Class B

     6,732         413,816   

PVH Corp.

     867         85,885   

Ralph Lauren Corp.

     592         56,986   

Under Armour, Inc. Class A*

     359         30,454   

VF Corp.

     2,323         150,437   
     

 

 

 
Total Textiles, Apparel & Luxury Goods               850,352   
Thrifts & Mortgage Finance – 0.1%      

New York Community Bancorp, Inc.

     3,742         59,498   
Tobacco – 1.7%      

Altria Group, Inc.

     11,324         709,562   

Philip Morris International, Inc.

     10,201         1,000,820   

Reynolds American, Inc.

     4,888         245,915   
     

 

 

 
Total Tobacco               1,956,297   
Trading Companies & Distributors – 0.2%      

Fastenal Co.(a)

     1,567         76,783   

United Rentals, Inc.*

     1,072         66,667   

W.W. Grainger, Inc.

     481         112,280   
     

 

 

 
Total Trading Companies & Distributors               255,730   
Water Utilities – 0.1%      

American Water Works Co., Inc.

     1,044         71,963   
Wireless Telecommunication Services – 0.1%      

T-Mobile U.S., Inc.*

     1,630         62,429   
TOTAL COMMON STOCKS
(Cost: $107,897,616)
              117,931,203   
EXCHANGE-TRADED FUND – 0.2%      
United States – 0.2%      
WisdomTree High Dividend Fund(a)(b) (Cost: $265,268)      4,670         295,518   

 

See Notes to Financial Statements.

 

28   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (concluded)

WisdomTree Earnings 500 Fund (EPS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.3%   
United States – 0.3%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

(Cost: $360,227)(d)

     360,227       $ 360,227   
TOTAL INVESTMENTS IN SECURITIES – 100.1%
(Cost: $108,523,111)
        118,586,948   

Liabilities in Excess of Cash and Other Assets – (0.1)%

  

     (175,286
     

 

 

 
NET ASSETS – 100.0%             $ 118,411,662   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Affiliated company (See Note 3).

 

(c) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(d) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $352,445 and the total market value of the collateral held by the Fund was $360,227.

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      29   


Table of Contents

Schedule of Investments

WisdomTree High Dividend Fund (DHS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.4%      
United States – 99.4%      
Aerospace & Defense – 0.8%      

American Science & Engineering, Inc.

     1,546       $ 42,809   

Lockheed Martin Corp.

     38,568         8,542,812   
     

 

 

 
Total Aerospace & Defense               8,585,621   
Auto Components – 0.0%      

Superior Industries International, Inc.

     4,569         100,884   
Automobiles – 1.8%      

Ford Motor Co.

     708,132         9,559,782   

General Motors Co.

     268,198         8,429,463   
     

 

 

 
Total Automobiles               17,989,245   
Banks – 0.8%      

American National Bankshares, Inc.

     1,369         34,677   

Arrow Financial Corp.

     2,697         71,659   

Banc of California, Inc.

     6,952         121,660   

Bridge Bancorp, Inc.

     1,650         50,275   

Brookline Bancorp, Inc.

     9,336         102,789   

Chemical Financial Corp.

     5,201         185,624   

City Holding Co.

     2,332         111,423   

CNB Financial Corp.

     1,967         34,600   

Community Bank System, Inc.

     5,382         205,646   

Community Trust Bancorp, Inc.

     2,619         92,503   

Cullen/Frost Bankers, Inc.(a)

     8,476         467,112   

Financial Institutions, Inc.

     2,204         64,070   

First Bancorp, Inc.

     1,897         37,010   

First Busey Corp.

     4,348         89,047   

First Commonwealth Financial Corp.

     13,682         121,223   

First Financial Bancorp

     8,887         161,566   

First Niagara Financial Group, Inc.

     44,951         435,126   

FirstMerit Corp.

     25,353         533,681   

Flushing Financial Corp.

     3,607         77,983   

FNB Corp.

     26,602         346,092   

Hancock Holding Co.

     12,441         285,645   

Merchants Bancshares, Inc.

     931         27,688   

National Penn Bancshares, Inc.

     21,447         228,196   

NBT Bancorp, Inc.

     5,745         154,828   

Old National Bancorp

     18,129         220,993   

PacWest Bancorp

     22,437         833,535   

Park National Corp.(a)

     2,591         233,190   

Penns Woods Bancorp, Inc.(a)

     695         26,785   

People’s United Financial, Inc.

     53,637         854,437   

Peoples Financial Services Corp.(a)

     1,000         37,200   

Republic Bancorp, Inc. Class A

     2,690         69,483   

Sandy Spring Bancorp, Inc.

     3,885         108,120   

Southside Bancshares, Inc.

     3,795         98,936   

Tompkins Financial Corp.

     1,827         116,928   

Trustmark Corp.

     11,041         254,274   

Umpqua Holdings Corp.

     35,751         567,011   

United Bankshares, Inc.

     10,190         373,973   

Univest Corp. of Pennsylvania

     2,844         55,486   

Valley National Bancorp

     43,081         410,993   

Washington Trust Bancorp, Inc.

     2,893         107,967   

West Bancorp, Inc.

     2,736       49,877   

Westamerica Bancorp(a)

     3,934         191,625   
     

 

 

 
Total Banks               8,650,936   
Beverages – 2.5%      

Coca-Cola Co. (The)

     561,346         26,040,841   
Biotechnology – 1.6%      

AbbVie, Inc.

     285,116         16,285,826   

PDL BioPharma, Inc.

     84,101         280,056   
     

 

 

 
Total Biotechnology               16,565,882   
Capital Markets – 0.3%      

Arlington Asset Investment Corp. Class A(a)

     13,675         171,348   

Artisan Partners Asset Management, Inc. Class A

     11,224         346,148   

BGC Partners, Inc. Class A

     54,389         492,220   

Cohen & Steers, Inc.

     6,095         237,217   

Federated Investors, Inc. Class B

     15,663         451,878   

Greenhill & Co., Inc.

     8,371         185,836   

Moelis & Co. Class A

     3,469         97,930   

Virtu Financial, Inc. Class A

     6,190         136,861   

Waddell & Reed Financial, Inc. Class A

     19,765         465,268   

Westwood Holdings Group, Inc.

     1,555         91,201   
     

 

 

 
Total Capital Markets               2,675,907   
Chemicals – 1.1%      

Axiall Corp.

     11,431         249,653   

Dow Chemical Co. (The)

     164,984         8,391,086   

Huntsman Corp.

     49,138         653,536   

Innophos Holdings, Inc.

     5,014         154,983   

Kronos Worldwide, Inc.(a)

     51,331         293,613   

Mosaic Co. (The)

     51,894         1,401,138   

Olin Corp.

     27,990         486,186   
     

 

 

 
Total Chemicals               11,630,195   
Commercial Services & Supplies – 0.7%      

Brady Corp. Class A

     6,933         186,082   

CECO Environmental Corp.

     5,102         31,684   

Covanta Holding Corp.

     37,986         640,444   

Ennis, Inc.

     3,931         76,851   

KAR Auction Services, Inc.

     16,223         618,745   

McGrath RentCorp

     3,813         95,630   

Pitney Bowes, Inc.

     31,317         674,568   

Quad/Graphics, Inc.

     18,661         241,473   

R.R. Donnelley & Sons Co.

     59,880         982,032   

Waste Management, Inc.

     55,228         3,258,452   

West Corp.

     13,334         304,282   
     

 

 

 
Total Commercial Services & Supplies               7,110,243   
Communications Equipment – 1.9%      

Cisco Systems, Inc.

     673,755         19,181,805   

Comtech Telecommunications Corp.

     4,019         93,924   
     

 

 

 
Total Communications Equipment               19,275,729   
Consumer Finance – 0.1%      

Navient Corp.

     77,922         932,726   

 

See Notes to Financial Statements.

 

30   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree High Dividend Fund (DHS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Containers & Packaging – 0.5%      

Greif, Inc. Class B

     4,635       $ 216,918   

International Paper Co.

     78,955         3,240,313   

Myers Industries, Inc.

     4,638         59,645   

Packaging Corp. of America

     13,681         826,332   

Sonoco Products Co.

     13,895         674,880   
     

 

 

 
Total Containers & Packaging               5,018,088   
Distributors – 0.0%      

Weyco Group, Inc.

     1,389         36,975   
Diversified Consumer Services – 0.0%      

Capella Education Co.

     1,429         75,223   
Diversified Financial Services – 0.0%      

Marlin Business Services Corp.

     1,719         24,599   
Diversified Telecommunication Services – 10.8%      

AT&T, Inc.

     1,405,633         55,058,645   

CenturyLink, Inc.

     196,891         6,292,636   

Cogent Communications Holdings, Inc.

     8,430         329,023   

Consolidated Communications Holdings, Inc.

     15,733         405,282   

Frontier Communications Corp.

     443,244         2,477,734   

IDT Corp. Class B

     6,224         97,032   

Inteliquent, Inc.

     5,138         82,465   

Verizon Communications, Inc.

     847,960         45,857,677   

Windstream Holdings, Inc.(a)

     41,355         317,606   
     

 

 

 
Total Diversified Telecommunication Services         110,918,100   
Electric Utilities – 6.7%      

ALLETE, Inc.

     8,467         474,745   

American Electric Power Co., Inc.

     83,351         5,534,506   

Cleco Corp.

     7,681         424,068   

Duke Energy Corp.

     138,277         11,156,188   

El Paso Electric Co.

     5,655         259,451   

Empire District Electric Co. (The)

     7,677         253,725   

Entergy Corp.

     38,126         3,022,629   

Eversource Energy

     44,793         2,613,224   

Exelon Corp.

     181,800         6,519,348   

FirstEnergy Corp.

     79,982         2,876,953   

Great Plains Energy, Inc.

     25,595         825,439   

Hawaiian Electric Industries, Inc.

     19,436         629,726   

IDACORP, Inc.

     6,378         475,735   

NextEra Energy, Inc.

     60,220         7,126,435   

OGE Energy Corp.

     36,542         1,046,197   

Otter Tail Corp.

     7,870         233,109   

PG&E Corp.

     71,341         4,260,485   

Pinnacle West Capital Corp.

     18,456         1,385,492   

Portland General Electric Co.

     12,052         475,933   

PPL Corp.

     128,081         4,876,044   

Southern Co. (The)

     183,472         9,491,007   

Westar Energy, Inc.

     20,520         1,017,997   

Xcel Energy, Inc.

     76,866         3,214,536   
     

 

 

 
Total Electric Utilities               68,192,972   
Electrical Equipment – 0.6%      

Emerson Electric Co.

     113,098         6,150,269   

General Cable Corp.

     12,174         148,645   
     

 

 

 
Total Electrical Equipment               6,298,914   
Electronic Equipment, Instruments & Components – 0.0%      

AVX Corp.

     23,428       294,490   

Daktronics, Inc.

     6,698         52,914   

Electro Rent Corp.

     5,521         51,125   
     

 

 

 
Total Electronic Equipment, Instruments & Components         398,529   
Energy Equipment & Services – 0.4%      

Archrock, Inc.

     22,023         176,184   

Bristow Group, Inc.

     7,437         140,708   

Helmerich & Payne, Inc.(a)

     23,696         1,391,429   

National Oilwell Varco, Inc.

     85,684         2,664,773   
     

 

 

 
Total Energy Equipment & Services               4,373,094   
Food & Staples Retailing – 3.3%      

Sysco Corp.

     70,554         3,296,988   

Village Super Market, Inc. Class A

     2,483         59,989   

Wal-Mart Stores, Inc.

     437,530         29,966,430   
     

 

 

 
Total Food & Staples Retailing               33,323,407   
Food Products – 2.4%      

Archer-Daniels-Midland Co.

     80,590         2,926,223   

B&G Foods, Inc.

     9,707         337,901   

Cal-Maine Foods, Inc.(a)

     15,306         794,535   

General Mills, Inc.

     74,654         4,729,331   

Kellogg Co.

     41,679         3,190,527   

Kraft Heinz Co. (The)

     165,379         12,992,174   
     

 

 

 
Total Food Products               24,970,691   
Gas Utilities – 0.4%      

AGL Resources, Inc.

     16,198         1,055,138   

Laclede Group, Inc. (The)

     6,278         425,334   

National Fuel Gas Co.

     14,664         733,933   

New Jersey Resources Corp.

     12,382         451,076   

Northwest Natural Gas Co.

     4,412         237,586   

Questar Corp.

     32,309         801,263   

South Jersey Industries, Inc.

     13,913         395,825   

WGL Holdings, Inc.

     6,442         466,208   
     

 

 

 
Total Gas Utilities               4,566,363   
Health Care Equipment & Supplies – 0.0%      

Meridian Bioscience, Inc.

     7,035         144,991   
Health Care Providers & Services – 0.0%      

Kindred Healthcare, Inc.

     12,813         158,241   
Health Care Technology – 0.0%      

Computer Programs & Systems, Inc.(a)

     2,711         141,297   
Hotels, Restaurants & Leisure – 3.0%      

Bob Evans Farms, Inc.

     3,019         140,957   

Cracker Barrel Old Country Store, Inc.(a)

     3,510         535,872   

Darden Restaurants, Inc.

     20,112         1,333,426   

DineEquity, Inc.

     3,387         316,447   

Interval Leisure Group, Inc.(a)

     7,018         101,340   

Las Vegas Sands Corp.

     207,125         10,704,220   

McDonald’s Corp.

     116,284         14,614,573   

SeaWorld Entertainment, Inc.(a)

     17,543         369,456   

Six Flags Entertainment Corp.

     17,488         970,409   

Speedway Motorsports, Inc.

     5,085         100,836   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      31   


Table of Contents

Schedule of Investments (continued)

WisdomTree High Dividend Fund (DHS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Wynn Resorts Ltd.(a)

     13,380       $ 1,250,093   
     

 

 

 
Total Hotels, Restaurants & Leisure               30,437,629   
Household Durables – 0.1%      

MDC Holdings, Inc.

     8,060         201,983   

Tupperware Brands Corp.

     10,408         603,456   
     

 

 

 
Total Household Durables               805,439   
Household Products – 3.7%      

Kimberly-Clark Corp.

     44,336         5,963,635   

Orchids Paper Products Co.

     2,470         67,950   

Procter & Gamble Co. (The)

     383,343         31,552,962   
     

 

 

 
Total Household Products               37,584,547   
Independent Power & Renewable Electricity Producers – 0.3%       

AES Corp.

     124,111         1,464,510   

NRG Energy, Inc.

     74,477         968,946   

NRG Yield, Inc. Class A

     10,230         138,821   

Pattern Energy Group, Inc.

     23,703         452,016   

TerraForm Global, Inc. Class A*(a)

     50,235         119,559   
     

 

 

 
Total Independent Power & Renewable Electricity Producers          3,143,852   
Industrial Conglomerates – 3.7%      

General Electric Co.

     1,185,795         37,696,423   

Raven Industries, Inc.

     4,786         76,672   
     

 

 

 
Total Industrial Conglomerates               37,773,095   
Insurance – 1.0%      

American National Insurance Co.

     3,699         427,235   

Arthur J. Gallagher & Co.

     25,010         1,112,445   

Baldwin & Lyons, Inc. Class B

     2,599         63,961   

Cincinnati Financial Corp.

     21,060         1,376,482   

Donegal Group, Inc. Class A

     3,263         46,922   

EMC Insurance Group, Inc.

     3,362         86,235   

Erie Indemnity Co. Class A

     5,374         499,728   

HCI Group, Inc.

     1,538         51,215   

Horace Mann Educators Corp.

     5,650         179,049   

Mercury General Corp.

     11,636         645,798   

Old Republic International Corp.

     44,020         804,686   

Prudential Financial, Inc.

     64,234         4,638,979   

Safety Insurance Group, Inc.

     3,616         206,329   
     

 

 

 
Total Insurance               10,139,064   
Internet & Catalog Retail – 0.0%      

Nutrisystem, Inc.

     3,990         83,271   

PetMed Express, Inc.(a)

     4,865         87,132   
     

 

 

 
Total Internet & Catalog Retail               170,403   
IT Services – 2.7%      

International Business Machines Corp.

     154,949         23,467,026   

Paychex, Inc.

     47,759         2,579,464   

Western Union Co. (The)

     70,227         1,354,679   
     

 

 

 
Total IT Services               27,401,169   
Leisure Products – 0.3%      

Mattel, Inc.

     81,037         2,724,464   
Machinery – 1.3%      

American Railcar Industries, Inc.(a)

     2,684       109,319   

Caterpillar, Inc.

     113,330         8,674,278   

Cummins, Inc.

     32,630         3,587,342   

Douglas Dynamics, Inc.

     3,740         85,684   

Joy Global, Inc.(a)

     27,604         443,596   

Miller Industries, Inc.

     1,590         32,245   

Timken Co. (The)

     12,542         420,032   
     

 

 

 
Total Machinery               13,352,496   
Media – 0.5%      

AMC Entertainment Holdings, Inc. Class A

     3,170         88,728   

Cinemark Holdings, Inc.

     14,332         513,516   

Gannett Co., Inc.

     17,288         261,740   

Harte-Hanks, Inc.

     25,468         64,434   

Meredith Corp.

     6,495         308,513   

National CineMedia, Inc.

     14,764         224,560   

New Media Investment Group, Inc.

     12,737         211,944   

Regal Entertainment Group Class A(a)

     26,930         569,300   

Time, Inc.

     21,409         330,555   

Viacom, Inc. Class B

     55,130         2,275,766   

World Wrestling Entertainment, Inc. Class A(a)

     4,307         76,062   
     

 

 

 
Total Media               4,925,118   
Metals & Mining – 0.4%      

Allegheny Technologies, Inc.(a)

     25,414         414,248   

Commercial Metals Co.

     16,075         272,793   

Compass Minerals International, Inc.

     4,740         335,876   

Nucor Corp.

     49,216         2,327,917   

Schnitzer Steel Industries, Inc. Class A

     5,781         106,602   

Steel Dynamics, Inc.

     32,141         723,494   
     

 

 

 
Total Metals & Mining               4,180,930   
Multi-Utilities – 3.4%      

Alliant Energy Corp.

     17,616         1,308,516   

Ameren Corp.

     40,960         2,052,096   

Avista Corp.

     10,111         412,327   

Black Hills Corp.(a)

     8,140         489,458   

CenterPoint Energy, Inc.

     105,474         2,206,516   

CMS Energy Corp.

     37,987         1,612,168   

Consolidated Edison, Inc.

     51,758         3,965,698   

Dominion Resources, Inc.

     98,265         7,381,667   

DTE Energy Co.

     27,673         2,508,834   

MDU Resources Group, Inc.

     35,521         691,239   

NiSource, Inc.

     43,855         1,033,224   

NorthWestern Corp.

     7,162         442,254   

Public Service Enterprise Group, Inc.

     87,944         4,145,680   

SCANA Corp.

     22,295         1,563,994   

TECO Energy, Inc.

     33,112         911,573   

Unitil Corp.

     2,829         120,204   

Vectren Corp.

     13,614         688,324   

WEC Energy Group, Inc.

     49,141         2,951,900   
     

 

 

 
Total Multi-Utilities               34,485,672   

 

See Notes to Financial Statements.

 

32   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree High Dividend Fund (DHS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Multiline Retail – 1.0%      

Kohl’s Corp.

     31,299       $ 1,458,846   

Macy’s, Inc.

     50,866         2,242,682   

Target Corp.

     79,263         6,521,760   
     

 

 

 
Total Multiline Retail               10,223,288   
Oil, Gas & Consumable Fuels – 14.5%      

Alon USA Energy, Inc.

     10,872         112,199   

Chevron Corp.

     385,153         36,743,597   

ConocoPhillips

     313,557         12,626,940   

CVR Energy, Inc.

     17,582         458,890   

Evolution Petroleum Corp.

     8,699         42,277   

Exxon Mobil Corp.

     627,126         52,421,462   

Kinder Morgan, Inc.

     1,129,487         20,172,638   

Murphy Oil Corp.

     44,219         1,113,877   

Occidental Petroleum Corp.

     143,308         9,806,566   

ONEOK, Inc.

     104,659         3,125,118   

PBF Energy, Inc. Class A

     13,400         444,880   

SemGroup Corp. Class A

     11,808         264,499   

Spectra Energy Corp.

     180,452         5,521,831   

Targa Resources Corp.

     29,739         888,007   

Western Refining, Inc.

     15,197         442,081   

Williams Cos., Inc. (The)

     299,473         4,812,531   
     

 

 

 
Total Oil, Gas & Consumable Fuels               148,997,393   
Paper & Forest Products – 0.0%      

Schweitzer-Mauduit International, Inc.

     5,176         162,941   
Personal Products – 0.0%      

Nu Skin Enterprises, Inc. Class A(a)

     9,834         376,151   
Pharmaceuticals – 4.7%      

Innoviva, Inc.(a)

     50,579         636,790   

Merck & Co., Inc.

     407,416         21,556,381   

Pfizer, Inc.

     891,354         26,419,732   
     

 

 

 
Total Pharmaceuticals               48,612,903   
Real Estate Investment Trusts (REITs) – 12.1%      

Acadia Realty Trust

     9,107         319,929   

Agree Realty Corp.

     4,195         161,382   

Alexander’s, Inc.

     796         302,918   

Alexandria Real Estate Equities, Inc.

     10,329         938,803   

American Campus Communities, Inc.

     19,464         916,560   

Apartment Investment & Management Co. Class A

     20,702         865,758   

Apple Hospitality REIT, Inc.(a)

     45,134         894,105   

Armada Hoffler Properties, Inc.

     7,672         86,310   

Ashford Hospitality Trust, Inc.

     30,435         194,175   

Bluerock Residential Growth REIT, Inc.

     8,240         89,651   

Brandywine Realty Trust

     34,405         482,702   

Brixmor Property Group, Inc.

     48,977         1,254,791   

Camden Property Trust

     13,345         1,122,181   

CareTrust REIT, Inc.

     11,440         145,288   

CatchMark Timber Trust, Inc. Class A

     6,951         75,279   

CBL & Associates Properties, Inc.

     59,334         706,075   

Chatham Lodging Trust

     8,887         190,448   

Chesapeake Lodging Trust

     14,957       395,762   

Colony Starwood Homes

     5,293         131,002   

Columbia Property Trust, Inc.

     26,035         572,510   

Communications Sales & Leasing, Inc.

     79,693         1,773,169   

CorEnergy Infrastructure Trust, Inc.(a)

     8,677         174,494   

CoreSite Realty Corp.

     3,884         271,919   

Corporate Office Properties Trust

     19,578         513,727   

Corrections Corp. of America

     41,772         1,338,793   

Cousins Properties, Inc.

     30,504         316,631   

Crown Castle International Corp.

     57,626         4,984,649   

CyrusOne, Inc.

     9,515         434,360   

DCT Industrial Trust, Inc.

     11,601         457,891   

DDR Corp.

     63,796         1,134,931   

DiamondRock Hospitality Co.

     39,167         396,370   

Digital Realty Trust, Inc.

     29,449         2,605,942   

Duke Realty Corp.

     49,839         1,123,371   

DuPont Fabros Technology, Inc.

     14,307         579,863   

Easterly Government Properties, Inc.

     4,643         85,988   

EastGroup Properties, Inc.

     5,815         351,052   

Education Realty Trust, Inc.

     9,700         403,520   

EPR Properties

     16,010         1,066,586   

Equity One, Inc.

     18,135         519,749   

Extra Space Storage, Inc.

     14,123         1,319,936   

First Potomac Realty Trust

     14,052         127,311   

Franklin Street Properties Corp.

     32,119         340,783   

Gaming and Leisure Properties, Inc.

     38,023         1,175,671   

Geo Group, Inc. (The)

     28,643         993,053   

Getty Realty Corp.

     7,770         154,079   

Gladstone Commercial Corp.

     9,583         156,970   

Global Net Lease, Inc.

     57,708         493,980   

Government Properties Income Trust

     31,546         563,096   

Gramercy Property Trust

     37,088         313,394   

HCP, Inc.

     121,771         3,967,299   

Healthcare Realty Trust, Inc.

     18,381         567,789   

Healthcare Trust of America, Inc. Class A

     23,531         692,282   

Hersha Hospitality Trust

     9,615         205,184   

Highwoods Properties, Inc.

     15,975         763,765   

Hospitality Properties Trust

     47,946         1,273,446   

Host Hotels & Resorts, Inc.

     156,959         2,621,215   

Independence Realty Trust, Inc.

     18,973         135,088   

InfraREIT, Inc.

     7,975         135,974   

Investors Real Estate Trust

     37,991         275,815   

Iron Mountain, Inc.

     63,250         2,144,807   

Kimco Realty Corp.

     69,504         2,000,325   

Kite Realty Group Trust

     15,231         422,051   

Lamar Advertising Co. Class A

     16,336         1,004,664   

LaSalle Hotel Properties

     32,396         819,943   

Lexington Realty Trust(a)

     80,654         693,624   

Liberty Property Trust

     35,924         1,202,017   

LTC Properties, Inc.

     7,529         340,612   

Macerich Co. (The)

     23,089         1,829,572   

Medical Properties Trust, Inc.

     76,726         995,903   

Mid-America Apartment Communities, Inc.

     10,874         1,111,432   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      33   


Table of Contents

Schedule of Investments (continued)

WisdomTree High Dividend Fund (DHS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Monmouth Real Estate Investment Corp. Class A(a)

     16,711       $ 198,694   

National Health Investors, Inc.

     8,711         579,456   

National Retail Properties, Inc.

     25,823         1,193,023   

National Storage Affiliates Trust

     4,574         96,969   

New Senior Investment Group, Inc.

     40,973         422,022   

New York REIT, Inc.

     26,978         272,478   

NexPoint Residential Trust, Inc.

     5,726         74,953   

NorthStar Realty Finance Corp.

     102,894         1,349,969   

Omega Healthcare Investors, Inc.

     51,945         1,833,658   

One Liberty Properties, Inc.

     4,515         101,181   

Outfront Media, Inc.

     35,954         758,629   

Parkway Properties, Inc.

     22,936         359,178   

Pebblebrook Hotel Trust

     12,250         356,107   

Pennsylvania Real Estate Investment Trust

     12,228         267,182   

Physicians Realty Trust

     20,177         374,889   

Piedmont Office Realty Trust, Inc. Class A

     26,876         545,852   

Post Properties, Inc.

     6,781         405,097   

Potlatch Corp.

     8,092         254,898   

Preferred Apartment Communities, Inc. Class A

     5,883         74,596   

Prologis, Inc.

     83,522         3,690,002   

Public Storage

     20,101         5,544,459   

QTS Realty Trust, Inc. Class A

     5,299         251,067   

Ramco-Gershenson Properties Trust

     17,216         310,404   

Rayonier, Inc.

     22,580         557,274   

Realty Income Corp.

     48,435         3,027,672   

Regency Centers Corp.

     11,533         863,245   

Retail Opportunity Investments Corp.

     17,040         342,845   

Retail Properties of America, Inc. Class A

     44,412         703,930   

Rexford Industrial Realty, Inc.

     7,726         140,304   

RLJ Lodging Trust

     30,216         691,342   

Rouse Properties, Inc.

     11,866         218,097   

Ryman Hospitality Properties, Inc.

     11,670         600,772   

Sabra Health Care REIT, Inc.

     21,744         436,837   

Saul Centers, Inc.

     2,878         152,592   

Select Income REIT

     38,556         888,716   

Senior Housing Properties Trust

     109,606         1,960,851   

Silver Bay Realty Trust Corp.

     4,479         66,513   

Simon Property Group, Inc.

     44,305         9,201,705   

Sovran Self Storage, Inc.

     5,223         616,053   

Spirit Realty Capital, Inc.

     122,965         1,383,356   

STAG Industrial, Inc.

     20,920         425,931   

STORE Capital Corp.

     25,167         651,322   

Summit Hotel Properties, Inc.

     13,837         165,629   

Sun Communities, Inc.

     9,247         662,178   

Tanger Factory Outlet Centers, Inc.

     14,177         515,901   

Taubman Centers, Inc.

     7,715         549,539   

Terreno Realty Corp.

     6,071         142,365   

Tier REIT, Inc.

     9,201         123,661   

UDR, Inc.

     33,401         1,286,941   

UMH Properties, Inc.

     8,571         85,024   

Universal Health Realty Income Trust

     3,191         179,494   

Urban Edge Properties

     14,759         381,373   

Urstadt Biddle Properties, Inc. Class A

     6,516         136,510   

Ventas, Inc.

     79,787       5,023,389   

VEREIT, Inc.

     254,005         2,253,024   

W.P. Carey, Inc.

     27,933         1,738,550   

Washington Real Estate Investment Trust

     12,439         363,343   

Weingarten Realty Investors

     20,946         785,894   

Welltower, Inc.

     76,422         5,299,101   

Weyerhaeuser Co.

     128,064         3,967,423   

Whitestone REIT

     11,061         139,037   

WP GLIMCHER, Inc.

     73,751         699,897   

Xenia Hotels & Resorts, Inc.

     27,495         429,472   
     

 

 

 
Total Real Estate Investment Trusts (REITs)               124,391,579   
Semiconductors & Semiconductor Equipment – 1.7%      

Brooks Automation, Inc.

     9,936         103,334   

Intersil Corp. Class A

     19,853         265,435   

KLA-Tencor Corp.

     19,669         1,432,100   

Maxim Integrated Products, Inc.

     37,349         1,373,696   

Microchip Technology, Inc.

     26,851         1,294,218   

QUALCOMM, Inc.

     251,105         12,841,510   
     

 

 

 
Total Semiconductors & Semiconductor Equipment         17,310,293   
Software – 0.4%      

American Software, Inc. Class A

     4,267         38,403   

CA, Inc.

     66,946         2,061,267   

Symantec Corp.

     85,194         1,565,866   
     

 

 

 
Total Software               3,665,536   
Specialty Retail – 0.6%      

Abercrombie & Fitch Co. Class A

     8,208         258,880   

American Eagle Outfitters, Inc.(a)

     25,927         432,203   

Barnes & Noble, Inc.

     20,134         248,856   

Big 5 Sporting Goods Corp.

     3,121         34,674   

Cato Corp. (The) Class A

     3,528         136,004   

DSW, Inc. Class A

     10,832         299,397   

GameStop Corp. Class A(a)

     20,761         658,747   

Gap, Inc. (The)

     59,332         1,744,361   

Guess?, Inc.

     16,133         302,816   

Pier 1 Imports, Inc.

     16,277         114,102   

Rent-A-Center, Inc.

     13,199         209,204   

Stage Stores, Inc.

     9,625         77,578   

Staples, Inc.

     134,589         1,484,517   

Stein Mart, Inc.

     7,780         57,027   

Tailored Brands, Inc.

     9,396         168,188   
     

 

 

 
Total Specialty Retail               6,226,554   
Technology Hardware, Storage & Peripherals – 0.6%      

Diebold, Inc.

     9,683         279,935   

HP, Inc.

     302,433         3,725,974   

Lexmark International, Inc. Class A

     11,099         371,040   

Western Digital Corp.

     30,828         1,456,315   
     

 

 

 
Total Technology Hardware, Storage & Peripherals         5,833,264   
Textiles, Apparel & Luxury Goods – 0.2%      

Coach, Inc.

     51,170         2,051,405   

 

See Notes to Financial Statements.

 

34   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (concluded)

WisdomTree High Dividend Fund (DHS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Thrifts & Mortgage Finance – 0.3%      

Dime Community Bancshares, Inc.

     4,993       $ 87,977   

Fox Chase Bancorp, Inc.

     1,308         25,270   

New York Community Bancorp, Inc.

     124,102         1,973,222   

Northwest Bancshares, Inc.

     18,680         252,367   

Oritani Financial Corp.

     8,112         137,660   

Provident Financial Services, Inc.

     9,330         188,373   

TrustCo Bank Corp.

     19,014         115,225   

United Financial Bancorp, Inc.

     7,598         95,659   
     

 

 

 
Total Thrifts & Mortgage Finance               2,875,753   
Tobacco – 5.9%      

Altria Group, Inc.

     324,414         20,327,781   

Philip Morris International, Inc.

     302,674         29,695,346   

Reynolds American, Inc.

     190,737         9,595,978   

Universal Corp.

     3,750         213,038   

Vector Group Ltd.(a)

     33,394         762,719   
     

 

 

 
Total Tobacco               60,594,862   
Trading Companies & Distributors – 0.1%      

GATX Corp.

     6,268         297,730   

H&E Equipment Services, Inc.

     9,735         170,654   

TAL International Group, Inc.*

     15,024         231,971   
     

 

 

 
Total Trading Companies & Distributors               700,355   
Transportation Infrastructure – 0.2%      

Macquarie Infrastructure Corp.

     22,427         1,512,477   
Water Utilities – 0.0%      

Artesian Resources Corp. Class A

     1,169         32,685   

Connecticut Water Service, Inc.

     1,260         56,826   

Middlesex Water Co.

     2,192         67,623   
     

 

 

 
Total Water Utilities               157,134   
TOTAL COMMON STOCKS
(Cost: $943,590,587)
              1,019,015,459   
EXCHANGE-TRADED FUND – 0.3%      
United States – 0.3%      
WisdomTree Total Dividend Fund(a)(b) (Cost: $3,445,080)      49,657         3,686,039   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.1%   
United States – 1.1%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

(Cost: $10,967,234)(d)

     10,967,234         10,967,234   
TOTAL INVESTMENTS IN SECURITIES – 100.8%
(Cost: $958,002,901)
         1,033,668,732   

Liabilities in Excess of Cash and Other Assets – (0.8)%

  

     (8,306,337
     

 

 

 
NET ASSETS – 100.0%             $ 1,025,362,395   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Affiliated company (See Note 3).

 

(c) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(d) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $11,767,064 and the total market value of the collateral held by the Fund was $12,070,235. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $1,103,001.

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      35   


Table of Contents

Schedule of Investments

WisdomTree LargeCap Dividend Fund (DLN)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.5%      
United States – 99.5%      
Aerospace & Defense – 2.9%      

Boeing Co. (The)

     74,573       $ 9,466,297   

General Dynamics Corp.

     28,121         3,694,256   

Honeywell International, Inc.

     82,361         9,228,550   

Lockheed Martin Corp.

     41,345         9,157,917   

Northrop Grumman Corp.

     14,181         2,806,420   

Raytheon Co.

     28,673         3,516,170   

Rockwell Collins, Inc.

     9,163         844,920   

Textron, Inc.

     1,919         69,967   

United Technologies Corp.

     107,542         10,764,954   
     

 

 

 
Total Aerospace & Defense               49,549,451   
Air Freight & Logistics – 0.6%      

FedEx Corp.

     8,324         1,354,481   

United Parcel Service, Inc. Class B

     92,168         9,720,959   
     

 

 

 
Total Air Freight & Logistics               11,075,440   
Airlines – 0.2%      

American Airlines Group, Inc.

     26,527         1,087,872   

Delta Air Lines, Inc.

     37,054         1,803,789   

Southwest Airlines Co.

     20,130         901,824   
     

 

 

 
Total Airlines               3,793,485   
Auto Components – 0.2%      

Johnson Controls, Inc.

     81,266         3,166,936   
Automobiles – 1.1%      

Ford Motor Co.

     757,690         10,228,815   

General Motors Co.

     286,985         9,019,939   
     

 

 

 
Total Automobiles               19,248,754   
Banks – 5.2%      

Bank of America Corp.

     551,083         7,450,642   

BB&T Corp.

     99,517         3,310,931   

Citigroup, Inc.

     49,687         2,074,432   

Citizens Financial Group, Inc.

     33,783         707,754   

Fifth Third Bancorp

     95,100         1,587,219   

JPMorgan Chase & Co.

     445,257         26,368,120   

KeyCorp

     86,789         958,151   

M&T Bank Corp.

     17,769         1,972,359   

PNC Financial Services Group, Inc. (The)

     50,044         4,232,221   

Regions Financial Corp.

     147,634         1,158,927   

SunTrust Banks, Inc.

     51,618         1,862,377   

U.S. Bancorp

     187,810         7,623,208   

Wells Fargo & Co.

     634,037         30,662,029   
     

 

 

 
Total Banks               89,968,370   
Beverages – 3.0%      

Brown-Forman Corp. Class B

     7,802         768,263   

Coca-Cola Co. (The)

     598,201         27,750,544   

Coca-Cola Enterprises, Inc.

     21,580         1,094,969   

Constellation Brands, Inc. Class A

     6,267         946,881   

Dr. Pepper Snapple Group, Inc.

     18,426         1,647,653   

Molson Coors Brewing Co. Class B

     13,374         1,286,311   

PepsiCo, Inc.

     184,630         18,920,883   
     

 

 

 
Total Beverages               52,415,504   
Biotechnology – 2.2%      

AbbVie, Inc.

     304,037       $ 17,366,594   

Amgen, Inc.

     67,629         10,139,616   

Baxalta, Inc.

     20,451         826,220   

Gilead Sciences, Inc.

     109,472         10,056,098   
     

 

 

 
Total Biotechnology               38,388,528   
Capital Markets – 1.7%      

Ameriprise Financial, Inc.

     19,124         1,797,847   

Bank of New York Mellon Corp. (The)

     81,878         3,015,567   

BlackRock, Inc.

     19,359         6,593,095   

Charles Schwab Corp. (The)

     45,553         1,276,395   

Franklin Resources, Inc.

     44,908         1,753,657   

Goldman Sachs Group, Inc. (The)

     27,462         4,310,985   

Morgan Stanley

     156,642         3,917,616   

Northern Trust Corp.

     21,354         1,391,640   

State Street Corp.

     36,076         2,111,168   

T. Rowe Price Group, Inc.

     31,826         2,337,938   

TD Ameritrade Holding Corp.

     47,550         1,499,251   
     

 

 

 
Total Capital Markets               30,005,159   
Chemicals – 2.0%      

Air Products & Chemicals, Inc.

     23,714         3,416,002   

CF Industries Holdings, Inc.

     30,106         943,522   

Dow Chemical Co. (The)

     176,814         8,992,760   

E.I. du Pont de Nemours & Co.

     84,104         5,325,465   

Eastman Chemical Co.

     15,456         1,116,387   

Ecolab, Inc.

     15,415         1,719,081   

Monsanto Co.

     43,995         3,860,121   

Mosaic Co. (The)

     53,216         1,436,832   

PPG Industries, Inc.

     17,178         1,915,175   

Praxair, Inc.

     33,729         3,860,284   

Sherwin-Williams Co. (The)

     4,216         1,200,169   
     

 

 

 
Total Chemicals               33,785,798   
Commercial Services & Supplies – 0.3%      

Republic Services, Inc.

     43,897         2,091,692   

Waste Management, Inc.

     60,267         3,555,753   
     

 

 

 
Total Commercial Services & Supplies               5,647,445   
Communications Equipment – 1.3%      

Cisco Systems, Inc.

     716,889         20,409,830   

Juniper Networks, Inc.

     21,510         548,720   

Motorola Solutions, Inc.

     19,822         1,500,525   
     

 

 

 
Total Communications Equipment               22,459,075   
Construction Materials – 0.0%      

Vulcan Materials Co.

     2,312         244,078   
Consumer Finance – 0.6%      

American Express Co.

     71,704         4,402,626   

Capital One Financial Corp.

     51,482         3,568,217   

Discover Financial Services

     39,310         2,001,665   
     

 

 

 
Total Consumer Finance               9,972,508   
Containers & Packaging – 0.3%      

International Paper Co.

     86,114         3,534,119   

WestRock Co.

     35,678         1,392,512   
     

 

 

 
Total Containers & Packaging               4,926,631   

 

See Notes to Financial Statements.

 

36   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree LargeCap Dividend Fund (DLN)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Distributors – 0.1%      

Genuine Parts Co.

     19,030       $ 1,890,821   
Diversified Financial Services – 0.4%      

CME Group, Inc.

     32,865         3,156,683   

Intercontinental Exchange, Inc.

     6,088         1,431,532   

McGraw Hill Financial, Inc.

     17,177         1,700,180   

Moody’s Corp.

     12,641         1,220,615   
     

 

 

 
Total Diversified Financial Services               7,509,010   
Diversified Telecommunication Services – 6.7%      

AT&T, Inc.

     1,539,900         60,317,883   

CenturyLink, Inc.

     211,195         6,749,792   

Verizon Communications, Inc.

     906,225         49,008,648   
     

 

 

 
Total Diversified Telecommunication Services         116,076,323   
Electric Utilities – 3.9%      

American Electric Power Co., Inc.

     88,386         5,868,830   

Duke Energy Corp.

     147,756         11,920,954   

Edison International

     39,792         2,860,647   

Entergy Corp.

     39,998         3,171,041   

Eversource Energy

     47,726         2,784,335   

Exelon Corp.

     194,504         6,974,913   

FirstEnergy Corp.

     84,900         3,053,853   

NextEra Energy, Inc.

     63,712         7,539,678   

PG&E Corp.

     76,930         4,594,260   

PPL Corp.

     137,256         5,225,336   

Southern Co. (The)

     195,520         10,114,250   

Xcel Energy, Inc.

     82,588         3,453,830   
     

 

 

 
Total Electric Utilities               67,561,927   
Electrical Equipment – 0.5%      

AMETEK, Inc.

     8,225         411,086   

Emerson Electric Co.

     118,974         6,469,806   

Rockwell Automation, Inc.

     17,126         1,948,082   
     

 

 

 
Total Electrical Equipment               8,828,974   
Electronic Equipment, Instruments & Components – 0.2%      

Amphenol Corp. Class A

     14,586         843,363   

Corning, Inc.

     132,252         2,762,744   
     

 

 

 
Total Electronic Equipment, Instruments & Components         3,606,107   
Energy Equipment & Services – 0.4%      

Baker Hughes, Inc.

     27,332         1,197,961   

Halliburton Co.

     74,550         2,662,926   

National Oilwell Varco, Inc.

     93,396         2,904,616   
     

 

 

 
Total Energy Equipment & Services               6,765,503   
Food & Staples Retailing – 3.2%      

Costco Wholesale Corp.

     19,670         3,099,599   

CVS Health Corp.

     72,637         7,534,636   

Kroger Co. (The)

     45,494         1,740,145   

Sysco Corp.

     76,941         3,595,453   

Wal-Mart Stores, Inc.

     466,262         31,934,284   

Walgreens Boots Alliance, Inc.

     84,545         7,122,071   
     

 

 

 
Total Food & Staples Retailing               55,026,188   
Food Products – 2.4%      

Archer-Daniels-Midland Co.

     87,106       $ 3,162,819   

Campbell Soup Co.

     33,437         2,132,946   

ConAgra Foods, Inc.

     49,977         2,229,974   

General Mills, Inc.

     80,777         5,117,223   

Hershey Co. (The)

     18,370         1,691,693   

Hormel Foods Corp.

     35,690         1,543,236   

J.M. Smucker Co. (The)

     12,005         1,558,729   

Kellogg Co.

     45,437         3,478,202   

Kraft Heinz Co. (The)

     176,624         13,875,582   

Mead Johnson Nutrition Co.

     18,067         1,535,153   

Mondelez International, Inc. Class A

     112,793         4,525,255   

Tyson Foods, Inc. Class A

     14,709         980,502   
     

 

 

 
Total Food Products               41,831,314   
Health Care Equipment & Supplies – 0.9%      

Abbott Laboratories

     143,437         5,999,970   

Baxter International, Inc.

     32,001         1,314,601   

Becton, Dickinson and Co.

     15,997         2,428,664   

C.R. Bard, Inc.

     1,843         373,521   

St. Jude Medical, Inc.

     23,366         1,285,130   

Stryker Corp.

     25,103         2,693,301   

Zimmer Biomet Holdings, Inc.

     7,810         832,780   
     

 

 

 
Total Health Care Equipment & Supplies               14,927,967   
Health Care Providers & Services – 1.1%      

Aetna, Inc.

     15,297         1,718,618   

AmerisourceBergen Corp.

     12,440         1,076,682   

Anthem, Inc.

     20,868         2,900,443   

Cardinal Health, Inc.

     26,459         2,168,315   

Cigna Corp.

     389         53,387   

Humana, Inc.

     4,660         852,547   

McKesson Corp.

     5,881         924,787   

UnitedHealth Group, Inc.

     72,297         9,319,083   

Universal Health Services, Inc. Class B

     1,283         160,016   
     

 

 

 
Total Health Care Providers & Services               19,173,878   
Hotels, Restaurants & Leisure – 2.3%      

Hilton Worldwide Holdings, Inc.

     52,181         1,175,116   

Las Vegas Sands Corp.

     221,412         11,442,572   

Marriott International, Inc. Class A(a)

     16,640         1,184,435   

McDonald’s Corp.

     124,303         15,622,401   

Starbucks Corp.

     88,446         5,280,226   

Starwood Hotels & Resorts Worldwide, Inc.

     16,015         1,336,132   

Yum! Brands, Inc.

     49,375         4,041,344   
     

 

 

 
Total Hotels, Restaurants & Leisure               40,082,226   
Household Durables – 0.2%      

D.R. Horton, Inc.

     14,556         440,028   

Newell Rubbermaid, Inc.

     18,318         811,304   

Whirlpool Corp.

     8,327         1,501,691   
     

 

 

 
Total Household Durables               2,753,023   
Household Products – 2.9%      

Church & Dwight Co., Inc.

     9,989         920,786   

Clorox Co. (The)

     14,446         1,821,063   

Colgate-Palmolive Co.

     92,308         6,521,560   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      37   


Table of Contents

Schedule of Investments (continued)

WisdomTree LargeCap Dividend Fund (DLN)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Kimberly-Clark Corp.

     47,689       $ 6,414,647   

Procter & Gamble Co. (The)

     408,484         33,622,318   
     

 

 

 
Total Household Products               49,300,374   
Industrial Conglomerates – 3.2%      

3M Co.

     72,177         12,026,853   

Danaher Corp.

     17,100         1,622,106   

General Electric Co.

     1,267,611         40,297,354   

Roper Technologies, Inc.

     2,462         449,980   
     

 

 

 
Total Industrial Conglomerates               54,396,293   
Insurance – 2.1%      

Aflac, Inc.

     52,705         3,327,794   

Allstate Corp. (The)

     33,481         2,255,615   

American International Group, Inc.

     103,492         5,593,743   

Hartford Financial Services Group, Inc. (The)

     35,259         1,624,735   

Lincoln National Corp.

     21,306         835,195   

Loews Corp.

     10,820         413,973   

Marsh & McLennan Cos., Inc.

     52,014         3,161,931   

MetLife, Inc.

     154,729         6,798,792   

Principal Financial Group, Inc.

     43,084         1,699,664   

Progressive Corp. (The)

     57,831         2,032,181   

Prudential Financial, Inc.

     69,243         5,000,730   

Travelers Cos., Inc. (The)

     30,375         3,545,066   
     

 

 

 
Total Insurance               36,289,419   
Internet & Catalog Retail – 0.0%      

Expedia, Inc.

     3,491         376,400   
IT Services – 2.5%      

Automatic Data Processing, Inc.

     52,414         4,702,060   

Fidelity National Information Services, Inc.

     21,356         1,352,048   

International Business Machines Corp.

     165,198         25,019,237   

MasterCard, Inc. Class A

     32,198         3,042,711   

Paychex, Inc.

     52,263         2,822,725   

Visa, Inc. Class A

     63,865         4,884,395   

Xerox Corp.

     123,209         1,375,013   
     

 

 

 
Total IT Services               43,198,189   
Life Sciences Tools & Services – 0.1%      

Agilent Technologies, Inc.

     16,893         673,186   

Thermo Fisher Scientific, Inc.

     8,148         1,153,675   
     

 

 

 
Total Life Sciences Tools & Services               1,826,861   
Machinery – 1.5%      

Caterpillar, Inc.

     121,177         9,274,888   

Cummins, Inc.

     35,137         3,862,962   

Deere & Co.

     45,700         3,518,443   

Illinois Tool Works, Inc.

     38,742         3,968,730   

PACCAR, Inc.

     30,450         1,665,310   

Parker-Hannifin Corp.

     15,761         1,750,732   

Stanley Black & Decker, Inc.

     14,198         1,493,772   
     

 

 

 
Total Machinery               25,534,837   
Media – 2.3%      

CBS Corp. Class B Non-Voting Shares

     24,654         1,358,189   

Comcast Corp. Class A

     186,254         11,376,394   

Omnicom Group, Inc.

     29,390         2,446,130   

Time Warner Cable, Inc.

     21,073       $ 4,311,957   

Time Warner, Inc.

     75,951         5,510,245   

Twenty-First Century Fox, Inc. Class A

     54,879         1,530,027   

Twenty-First Century Fox, Inc. Class B

     36,225         1,021,545   

Viacom, Inc. Class B

     56,816         2,345,364   

Walt Disney Co. (The)

     89,494         8,887,649   
     

 

 

 
Total Media               38,787,500   
Metals & Mining – 0.2%      

Alcoa, Inc.

     75,193         720,349   

Nucor Corp.

     51,722         2,446,451   
     

 

 

 
Total Metals & Mining               3,166,800   
Multi-Utilities – 1.6%      

Ameren Corp.

     44,929         2,250,943   

Consolidated Edison, Inc.

     55,408         4,245,361   

Dominion Resources, Inc.

     105,361         7,914,718   

DTE Energy Co.

     29,808         2,702,393   

Public Service Enterprise Group, Inc.

     93,332         4,399,670   

Sempra Energy

     32,973         3,430,841   

WEC Energy Group, Inc.

     52,955         3,181,007   
     

 

 

 
Total Multi-Utilities               28,124,933   
Multiline Retail – 0.6%      

Dollar General Corp.

     15,096         1,292,218   

Macy’s, Inc.

     55,772         2,458,987   

Target Corp.

     85,389         7,025,807   
     

 

 

 
Total Multiline Retail               10,777,012   
Oil, Gas & Consumable Fuels – 10.4%      

Anadarko Petroleum Corp.

     47,215         2,198,802   

Apache Corp.

     37,837         1,846,824   

Chevron Corp.

     410,394         39,151,589   

Cimarex Energy Co.

     2,418         235,199   

ConocoPhillips

     335,969         13,529,472   

Devon Energy Corp.

     50,252         1,378,915   

EOG Resources, Inc.

     21,655         1,571,720   

Exxon Mobil Corp.

     722,137         60,363,432   

Hess Corp.

     24,490         1,289,398   

Kinder Morgan, Inc.

     1,204,344         21,509,584   

Marathon Oil Corp.

     47,666         530,999   

Marathon Petroleum Corp.

     61,634         2,291,552   

Noble Energy, Inc.

     40,217         1,263,216   

Occidental Petroleum Corp.

     152,013         10,402,249   

Phillips 66

     64,276         5,565,659   

Pioneer Natural Resources Co.

     430         60,518   

Spectra Energy Corp.

     193,680         5,926,608   

Tesoro Corp.

     9,901         851,585   

Valero Energy Corp.

     62,230         3,991,432   

Williams Cos., Inc. (The)

     316,153         5,080,579   
     

 

 

 
Total Oil, Gas & Consumable Fuels               179,039,332   
Personal Products – 0.1%      

Estee Lauder Cos., Inc. (The) Class A

     14,151         1,334,581   

 

See Notes to Financial Statements.

 

38   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree LargeCap Dividend Fund (DLN)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Pharmaceuticals – 6.4%      

Bristol-Myers Squibb Co.

     161,449       $ 10,313,362   

Eli Lilly & Co.

     117,736         8,478,169   

Johnson & Johnson

     360,645         39,021,789   

Merck & Co., Inc.

     435,692         23,052,464   

Pfizer, Inc.

     949,406         28,140,394   

Zoetis, Inc.

     16,174         716,993   
     

 

 

 
Total Pharmaceuticals               109,723,171   
Professional Services – 0.0%      

Equifax, Inc.

     5,023         574,079   
Real Estate Investment Trusts (REITs) – 4.4%      

American Tower Corp.

     37,074         3,795,265   

AvalonBay Communities, Inc.

     17,441         3,317,278   

Boston Properties, Inc.

     14,396         1,829,444   

Crown Castle International Corp.

     62,051         5,367,411   

Equinix, Inc.

     6,446         2,131,757   

Equity Residential

     46,439         3,484,318   

Essex Property Trust, Inc.

     7,421         1,735,475   

General Growth Properties, Inc.

     113,156         3,364,128   

HCP, Inc.

     131,417         4,281,566   

Host Hotels & Resorts, Inc.

     163,252         2,726,308   

Kimco Realty Corp.

     76,183         2,192,547   

Macerich Co. (The)

     24,517         1,942,727   

Prologis, Inc.

     87,619         3,871,007   

Public Storage

     21,676         5,978,891   

Realty Income Corp.(a)

     50,249         3,141,065   

Simon Property Group, Inc.

     47,517         9,868,806   

SL Green Realty Corp.

     9,298         900,790   

Ventas, Inc.

     86,003         5,414,749   

Vornado Realty Trust

     22,034         2,080,671   

Welltower, Inc.

     82,058         5,689,902   

Weyerhaeuser Co.

     90,515         2,804,155   
     

 

 

 
Total Real Estate Investment Trusts (REITs)               75,918,260   
Road & Rail – 0.9%      

CSX Corp.

     121,805         3,136,479   

Norfolk Southern Corp.

     34,530         2,874,622   

Union Pacific Corp.

     107,472         8,549,398   
     

 

 

 
Total Road & Rail               14,560,499   
Semiconductors & Semiconductor Equipment – 3.0%      

Analog Devices, Inc.

     39,117         2,315,335   

Applied Materials, Inc.

     113,500         2,403,930   

Intel Corp.

     582,715         18,850,830   

Lam Research Corp.

     10,266         847,972   

Linear Technology Corp.

     29,173         1,299,949   

Maxim Integrated Products, Inc.

     38,009         1,397,971   

NVIDIA Corp.

     35,717         1,272,597   

QUALCOMM, Inc.

     268,451         13,728,584   

Skyworks Solutions, Inc.

     10,173         792,477   

Texas Instruments, Inc.

     121,781         6,992,665   

Xilinx, Inc.

     30,728         1,457,429   
     

 

 

 
Total Semiconductors & Semiconductor Equipment         51,359,739   
Software – 4.1%      

Activision Blizzard, Inc.

     21,832       $ 738,795   

CA, Inc.

     72,253         2,224,670   

Intuit, Inc.

     14,704         1,529,363   

Microsoft Corp.

     939,799         51,905,098   

Oracle Corp.

     303,458         12,414,467   

Symantec Corp.

     90,203         1,657,931   
     

 

 

 
Total Software               70,470,324   
Specialty Retail – 1.6%      

Advance Auto Parts, Inc.

     553         88,668   

Best Buy Co., Inc.

     45,625         1,480,075   

Gap, Inc. (The)

     61,617         1,811,540   

Home Depot, Inc. (The)

     101,312         13,518,060   

L Brands, Inc.

     26,079         2,289,997   

Lowe’s Cos., Inc.

     61,662         4,670,897   

Ross Stores, Inc.

     16,281         942,670   

TJX Cos., Inc. (The)

     35,437         2,776,489   

Tractor Supply Co.

     4,831         437,012   
     

 

 

 
Total Specialty Retail               28,015,408   
Technology Hardware, Storage & Peripherals – 3.4%      

Apple, Inc.

     452,579         49,326,585   

EMC Corp.

     153,367         4,087,231   

HP, Inc.

     315,743         3,889,954   

Western Digital Corp.

     31,547         1,490,280   
     

 

 

 
Total Technology Hardware, Storage & Peripherals         58,794,050   
Textiles, Apparel & Luxury Goods – 0.4%      

Hanesbrands, Inc.

     23,396         663,043   

NIKE, Inc. Class B

     61,242         3,764,546   

VF Corp.

     43,923         2,844,453   
     

 

 

 
Total Textiles, Apparel & Luxury Goods               7,272,042   
Tobacco – 3.7%      

Altria Group, Inc.

     345,985         21,679,420   

Philip Morris International, Inc.

     322,463         31,636,845   

Reynolds American, Inc.

     204,481         10,287,439   
     

 

 

 
Total Tobacco               63,603,704   
Trading Companies & Distributors – 0.2%      

Fastenal Co.(a)

     36,075         1,767,675   

W.W. Grainger, Inc.(a)

     6,722         1,569,116   
     

 

 

 
Total Trading Companies & Distributors               3,336,791   
TOTAL COMMON STOCKS
(Cost: $1,592,645,741)
         1,716,461,021   
EXCHANGE-TRADED FUND – 0.3%      
United States – 0.3%      
WisdomTree Total Dividend Fund(a)(b)
(Cost: $5,058,055)
     73,272         5,438,981   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      39   


Table of Contents

Schedule of Investments (concluded)

WisdomTree LargeCap Dividend Fund (DLN)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.4%   
United States – 0.4%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

(Cost: $7,428,445)(d)

     7,428,445       $ 7,428,445   
TOTAL INVESTMENTS IN SECURITIES – 100.2%
(Cost: $1,605,132,241)
         1,729,328,447   

Liabilities in Excess of Cash and Other Assets – (0.2)%

  

     (4,069,362
     

 

 

 
NET ASSETS – 100.0%       $ 1,725,259,085   
(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Affiliated company (See Note 3).

 

(c) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(d) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $7,272,171 and the total market value of the collateral held by the Fund was $7,428,445.

 

See Notes to Financial Statements.

 

40   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments

WisdomTree LargeCap Value Fund (EZY)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.6%      
United States – 99.6%      
Aerospace & Defense – 7.4%      

Boeing Co. (The)

     28,685       $ 3,641,274   

BWX Technologies, Inc.

     1,188         39,869   

Huntington Ingalls Industries, Inc.

     2,556         350,019   

Lockheed Martin Corp.

     12,411         2,749,037   

Northrop Grumman Corp.

     6,597         1,305,546   

Orbital ATK, Inc.

     1,631         141,799   

Raytheon Co.

     12,321         1,510,924   

Spirit AeroSystems Holdings, Inc. Class A*

     10,474         475,101   
     

 

 

 
Total Aerospace & Defense               10,213,569   
Airlines – 3.1%      

Alaska Air Group, Inc.

     6,377         523,042   

Allegiant Travel Co.

     698         124,286   

Delta Air Lines, Inc.

     38,888         1,893,068   

Hawaiian Holdings, Inc.*

     2,854         134,680   

JetBlue Airways Corp.*

     16,449         347,403   

Southwest Airlines Co.

     28,603         1,281,414   
     

 

 

 
Total Airlines               4,303,893   
Auto Components – 2.0%      

Cooper Tire & Rubber Co.

     3,520         130,310   

Goodyear Tire & Rubber Co. (The)

     60,861         2,007,196   

Lear Corp.

     4,312         479,365   

Tenneco, Inc.*

     3,211         165,399   

Visteon Corp.

     224         17,828   
     

 

 

 
Total Auto Components               2,800,098   
Automobiles – 1.9%      

General Motors Co.

     79,992         2,514,149   

Thor Industries, Inc.

     2,425         154,642   
     

 

 

 
Total Automobiles               2,668,791   
Banks – 0.8%      

BancorpSouth, Inc.

     3,999         85,219   

First Horizon National Corp.

     9,286         121,647   

First Niagara Financial Group, Inc.

     14,167         137,137   

Fulton Financial Corp.

     7,831         104,779   

Hilltop Holdings, Inc.*

     7,657         144,564   

PrivateBancorp, Inc.

     2,812         108,543   

Synovus Financial Corp.

     4,702         135,935   

Webster Financial Corp.

     3,566         128,019   

Wintrust Financial Corp.

     2,157         95,641   
     

 

 

 
Total Banks               1,061,484   
Beverages – 1.2%      

Coca-Cola Enterprises, Inc.

     7,792         395,366   

Constellation Brands, Inc. Class A

     4,838         730,973   

Dr. Pepper Snapple Group, Inc.

     5,538         495,208   

National Beverage Corp.*

     746         31,571   
     

 

 

 
Total Beverages               1,653,118   
Biotechnology – 0.0%      

Insys Therapeutics, Inc.*(a)

     1,185         18,948   
Building Products – 0.5%      

A.O. Smith Corp.

     2,420       $ 184,670   

Fortune Brands Home & Security, Inc.

     3,170         177,647   

Lennox International, Inc.

     1,183         159,930   

Owens Corning

     3,612         170,775   
     

 

 

 
Total Building Products               693,022   
Capital Markets – 0.2%      

E*TRADE Financial Corp.*

     5,237         128,254   

Evercore Partners, Inc. Class A

     617         31,930   

Interactive Brokers Group, Inc. Class A

     619         24,339   

LPL Financial Holdings, Inc.(a)

     3,083         76,458   
     

 

 

 
Total Capital Markets               260,981   
Chemicals – 2.7%      

Airgas, Inc.

     1,843         261,042   

Celanese Corp. Series A

     4,972         325,666   

Chemtura Corp.*

     11,005         290,532   

Dow Chemical Co. (The)

     51,666         2,627,733   

Scotts Miracle-Gro Co. (The) Class A

     1,669         121,453   

Sensient Technologies Corp.

     1,278         81,102   
     

 

 

 
Total Chemicals               3,707,528   
Commercial Services & Supplies – 1.1%      

Cintas Corp.

     3,073         275,986   

Healthcare Services Group, Inc.

     1,188         43,730   

R.R. Donnelley & Sons Co.

     6,781         111,209   

Republic Services, Inc.

     9,897         471,592   

Waste Management, Inc.

     10,121         597,139   
     

 

 

 
Total Commercial Services & Supplies               1,499,656   
Communications Equipment – 0.4%      

CommScope Holding Co., Inc.*

     1,187         33,141   

Harris Corp.

     2,947         229,453   

Infinera Corp.*(a)

     1,586         25,471   

Juniper Networks, Inc.

     11,968         305,304   
     

 

 

 
Total Communications Equipment               593,369   
Construction & Engineering – 0.3%      

Dycom Industries, Inc.*

     699         45,204   

EMCOR Group, Inc.

     2,377         115,522   

Jacobs Engineering Group, Inc.*

     5,845         254,550   
     

 

 

 
Total Construction & Engineering               415,276   
Construction Materials – 0.2%      

Martin Marietta Materials, Inc.

     1,318         210,234   

Vulcan Materials Co.

     1,226         129,429   
     

 

 

 
Total Construction Materials               339,663   
Consumer Finance – 1.0%      

Synchrony Financial*

     50,213         1,439,105   
Containers & Packaging – 0.9%      

AptarGroup, Inc.

     1,888         148,038   

Avery Dennison Corp.

     3,210         231,473   

Bemis Co., Inc.

     3,691         191,120   

Graphic Packaging Holding Co.

     11,620         149,317   

Sealed Air Corp.

     4,137         198,617   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      41   


Table of Contents

Schedule of Investments (continued)

WisdomTree LargeCap Value Fund (EZY)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Silgan Holdings, Inc.

     1,941       $ 103,203   

Sonoco Products Co.

     3,519         170,918   
     

 

 

 
Total Containers & Packaging               1,192,686   
Distributors – 0.1%      

Core-Mark Holding Co., Inc.

     390         31,808   

Pool Corp.

     1,059         92,917   
     

 

 

 
Total Distributors               124,725   
Diversified Consumer Services – 0.2%      

Bright Horizons Family Solutions, Inc.*

     923         59,792   

Graham Holdings Co. Class B

     170         81,600   

Service Corp. International

     3,294         81,296   

ServiceMaster Global Holdings, Inc.*

     3,036         114,396   
     

 

 

 
Total Diversified Consumer Services               337,084   
Diversified Financial Services – 1.2%      

Nasdaq, Inc.

     4,707         312,450   

Voya Financial, Inc.

     43,697         1,300,860   
     

 

 

 
Total Diversified Financial Services               1,613,310   
Electric Utilities – 1.4%      

Hawaiian Electric Industries, Inc.

     3,609         116,931   

PG&E Corp.

     17,776         1,061,583   

Xcel Energy, Inc.

     19,307         807,419   
     

 

 

 
Total Electric Utilities               1,985,933   
Electrical Equipment – 0.1%      

Acuity Brands, Inc.

     657         143,318   
Electronic Equipment, Instruments & Components – 1.2%   

Arrow Electronics, Inc.*

     5,589         359,988   

Avnet, Inc.

     8,838         391,523   

CDW Corp.

     5,859         243,149   

Ingram Micro, Inc. Class A

     4,180         150,104   

Jabil Circuit, Inc.

     8,453         162,889   

SYNNEX Corp.

     1,536         142,218   

Tech Data Corp.*

     2,116         162,445   
     

 

 

 
Total Electronic Equipment, Instruments & Components               1,612,316   
Energy Equipment & Services – 0.3%      

Cameron International Corp.*

     5,805         389,225   
Food & Staples Retailing – 8.0%      

Casey’s General Stores, Inc.

     1,052         119,213   

Costco Wholesale Corp.

     10,168         1,602,273   

CVS Health Corp.

     36,958         3,833,653   

Kroger Co. (The)

     31,722         1,213,367   

Rite Aid Corp.*

     173,981         1,417,945   

Sysco Corp.

     10,555         493,235   

Walgreens Boots Alliance, Inc.

     28,683         2,416,256   
     

 

 

 
Total Food & Staples Retailing               11,095,942   
Food Products – 6.8%      

B&G Foods, Inc.

     1,358         47,272   

Cal-Maine Foods, Inc.(a)

     4,049         210,184   

Campbell Soup Co.

     9,234         589,037   

ConAgra Foods, Inc.

     14,250         635,835   

Flowers Foods, Inc.

     5,768       $ 106,477   

Hormel Foods Corp.

     11,658         504,092   

Ingredion, Inc.

     2,733         291,857   

J.M. Smucker Co. (The)

     2,103         273,054   

Lancaster Colony Corp.

     657         72,644   

Mondelez International, Inc. Class A

     137,194         5,504,223   

Pinnacle Foods, Inc.

     2,776         124,032   

Snyder’s-Lance, Inc.

     1,228         38,657   

TreeHouse Foods, Inc.*

     927         80,417   

Tyson Foods, Inc. Class A

     14,080         938,573   
     

 

 

 
Total Food Products               9,416,354   
Gas Utilities – 0.7%      

AGL Resources, Inc.

     4,444         289,482   

Atmos Energy Corp.

     3,611         268,153   

New Jersey Resources Corp.

     3,823         139,272   

ONE Gas, Inc.

     1,717         104,909   

Piedmont Natural Gas Co., Inc.

     1,675         100,215   

WGL Holdings, Inc.

     1,674         121,147   
     

 

 

 
Total Gas Utilities               1,023,178   
Health Care Equipment & Supplies – 0.5%      

ABIOMED, Inc.*

     1,059         100,404   

Boston Scientific Corp.*

     18,430         346,668   

Cantel Medical Corp.

     526         37,535   

Hill-Rom Holdings, Inc.

     742         37,323   

Hologic, Inc.*

     2,378         82,041   

Integra LifeSciences Holdings Corp.*

     90         6,062   

Masimo Corp.*

     1,321         55,271   
     

 

 

 
Total Health Care Equipment & Supplies               665,304   
Health Care Providers & Services – 11.0%      

Aetna, Inc.

     14,529         1,632,333   

Amsurg Corp.*

     1,011         75,421   

Anthem, Inc.

     13,988         1,944,192   

Cardinal Health, Inc.

     10,525         862,524   

Centene Corp.*

     5,397         332,293   

Chemed Corp.

     522         70,705   

Cigna Corp.

     10,036         1,377,341   

Diplomat Pharmacy, Inc.*(a)

     397         10,878   

Express Scripts Holding Co.*

     18,694         1,284,091   

Henry Schein, Inc.*

     2,157         372,363   

Humana, Inc.

     4,437         811,749   

Laboratory Corp. of America Holdings*

     2,504         293,293   

LifePoint Health, Inc.*

     1,456         100,828   

Molina Healthcare, Inc.*

     1,758         113,373   

Owens & Minor, Inc.

     1,664         67,259   

Quest Diagnostics, Inc.

     7,083         506,080   

UnitedHealth Group, Inc.

     35,694         4,600,957   

Universal Health Services, Inc. Class B

     3,875         483,290   

VCA, Inc.*

     2,156         124,380   

WellCare Health Plans, Inc.*

     1,099         101,932   
     

 

 

 
Total Health Care Providers & Services               15,165,282   

 

See Notes to Financial Statements.

 

42   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree LargeCap Value Fund (EZY)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Hotels, Restaurants & Leisure – 1.7%      

Aramark

     4,974       $ 164,739   

Boyd Gaming Corp.*

     1,714         35,411   

Churchill Downs, Inc.

     180         26,618   

Darden Restaurants, Inc.

     3,473         230,260   

Diamond Resorts International, Inc.*(a)

     2,999         72,876   

Pinnacle Entertainment, Inc.*

     1,545         54,230   

Starbucks Corp.

     27,143         1,620,437   

Texas Roadhouse, Inc.

     1,852         80,710   

Vail Resorts, Inc.

     566         75,674   

Wendy’s Co. (The)

     3,125         34,031   
     

 

 

 
Total Hotels, Restaurants & Leisure               2,394,986   
Household Durables – 2.0%      

CalAtlantic Group, Inc.

     2,767         92,473   

D.R. Horton, Inc.

     16,229         490,603   

Jarden Corp.*

     2,986         176,025   

Leggett & Platt, Inc.

     4,805         232,562   

Lennar Corp. Class A

     10,472         506,426   

Mohawk Industries, Inc.*

     2,374         453,196   

Newell Rubbermaid, Inc.

     6,464         286,290   

NVR, Inc.*

     137         237,339   

Tempur Sealy International, Inc.*

     1,325         80,547   

Toll Brothers, Inc.*

     6,869         202,704   
     

 

 

 
Total Household Durables               2,758,165   
Insurance – 10.3%      

Aflac, Inc.

     26,841         1,694,741   

Alleghany Corp.*

     700         347,340   

American Financial Group, Inc.

     4,220         296,961   

American International Group, Inc.

     44,876         2,425,548   

AmTrust Financial Services, Inc.

     12,014         310,922   

Assurant, Inc.

     877         67,661   

Cincinnati Financial Corp.

     6,470         422,879   

CNO Financial Group, Inc.

     8,012         143,575   

Erie Indemnity Co. Class A

     616         57,282   

First American Financial Corp.

     5,415         206,366   

Hanover Insurance Group, Inc. (The)

     2,636         237,820   

Hartford Financial Services Group, Inc. (The)

     25,089         1,156,101   

Kemper Corp.

     1,892         55,946   

Markel Corp.*

     391         348,604   

National General Holdings Corp.

     4,619         99,724   

Old Republic International Corp.

     13,597         248,553   

Progressive Corp. (The)

     27,636         971,129   

Prudential Financial, Inc.

     13,152         949,838   

Reinsurance Group of America, Inc.

     4,446         427,928   

RLI Corp.

     1,456         97,348   

Selective Insurance Group, Inc.

     3,164         115,834   

Torchmark Corp.

     6,338         343,266   

Travelers Cos., Inc. (The)

     22,223         2,593,646   

Unum Group

     8,049         248,875   

W.R. Berkley Corp.

     5,856         329,107   
     

 

 

 
Total Insurance               14,196,994   
Internet & Catalog Retail – 0.2%      

Expedia, Inc.

     2,197       $ 236,881   

Netflix, Inc.*

     962         98,345   
     

 

 

 
Total Internet & Catalog Retail         335,226   
Internet Software & Services – 0.7%      

eBay, Inc.*

     38,067         908,279   
IT Services – 1.9%      

Blackhawk Network Holdings, Inc.*

     613         21,026   

Booz Allen Hamilton Holding Corp.

     5,060         153,217   

Broadridge Financial Solutions, Inc.

     3,735         221,523   

CACI International, Inc. Class A*

     963         102,752   

Computer Sciences Corp.

     6,072         208,816   

Convergys Corp.

     5,145         142,877   

DST Systems, Inc.

     1,627         183,477   

EPAM Systems, Inc.*

     661         49,357   

Euronet Worldwide, Inc.*

     924         68,478   

Fiserv, Inc.*

     5,240         537,519   

Global Payments, Inc.

     2,857         186,562   

Heartland Payment Systems, Inc.

     349         33,703   

Leidos Holdings, Inc.

     1,669         83,984   

Sabre Corp.

     5,980         172,942   

Science Applications International Corp.

     1,883         100,439   

Total System Services, Inc.

     4,570         217,440   

Vantiv, Inc. Class A*

     2,247         121,068   
     

 

 

 
Total IT Services               2,605,180   
Leisure Products – 0.4%      

Brunswick Corp.

     3,782         181,460   

Hasbro, Inc.

     4,226         338,503   
     

 

 

 
Total Leisure Products               519,963   
Life Sciences Tools & Services – 0.4%      

Bio-Rad Laboratories, Inc. Class A*

     571         78,067   

Bruker Corp.

     2,117         59,276   

Charles River Laboratories International, Inc.*

     1,237         93,938   

INC Research Holdings, Inc. Class A*

     533         21,965   

PAREXEL International Corp.*

     1,411         88,512   

PerkinElmer, Inc.

     2,813         139,131   

PRA Health Sciences, Inc.*

     444         18,986   

VWR Corp.*

     3,921         106,102   
     

 

 

 
Total Life Sciences Tools & Services               605,977   
Machinery – 1.0%      

AGCO Corp.

     4,003         198,949   

Oshkosh Corp.

     4,133         168,916   

Snap-on, Inc.

     1,931         303,147   

Stanley Black & Decker, Inc.

     5,452         573,605   

Toro Co. (The)

     1,716         147,782   
     

 

 

 
Total Machinery               1,392,399   
Marine – 0.1%      

Matson, Inc.

     1,717         68,972   
Media – 1.9%      

Crown Media Holdings, Inc. Class A*

     13,338         67,757   

Interpublic Group of Cos., Inc. (The)

     15,576         357,469   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      43   


Table of Contents

Schedule of Investments (continued)

WisdomTree LargeCap Value Fund (EZY)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

New York Times Co. (The) Class A

     3,166       $ 39,448   

Sinclair Broadcast Group, Inc. Class A

     3,914         120,356   

TEGNA, Inc.

     23,894         560,553   

Time Warner Cable, Inc.

     7,174         1,467,944   
     

 

 

 
Total Media               2,613,527   
Multi-Utilities – 0.6%      

CMS Energy Corp.

     9,725         412,729   

NiSource, Inc.

     8,754         206,244   

TECO Energy, Inc.

     5,676         156,261   
     

 

 

 
Total Multi-Utilities               775,234   
Multiline Retail – 1.8%      

Dollar Tree, Inc.*

     2,775         228,827   

Target Corp.

     27,141         2,233,161   
     

 

 

 
Total Multiline Retail               2,461,988   
Oil, Gas & Consumable Fuels – 7.2%      

CVR Energy, Inc.

     2,380         62,118   

HollyFrontier Corp.

     8,842         312,300   

Marathon Petroleum Corp.

     47,779         1,776,423   

PDC Energy, Inc.*

     137         8,145   

Phillips 66

     38,058         3,295,442   

Tesoro Corp.

     11,052         950,583   

Valero Energy Corp.

     48,881         3,135,227   

Western Refining, Inc.

     9,197         267,541   

World Fuel Services Corp.

     3,304         160,508   
     

 

 

 
Total Oil, Gas & Consumable Fuels               9,968,287   
Personal Products – 0.8%      

Coty, Inc. Class A(a)

     8,713         242,483   

Estee Lauder Cos., Inc. (The) Class A

     9,543         900,000   
     

 

 

 
Total Personal Products               1,142,483   
Pharmaceuticals – 0.1%      

Prestige Brands Holdings, Inc.*

     1,360         72,610   
Professional Services – 0.5%      

Equifax, Inc.

     2,727         311,669   

ManpowerGroup, Inc.

     3,519         286,517   

On Assignment, Inc.*

     1,103         40,723   
     

 

 

 
Total Professional Services               638,909   
Real Estate Management & Development – 0.4%      

CBRE Group, Inc. Class A*

     11,392         328,317   

Jones Lang LaSalle, Inc.

     1,883         220,914   
     

 

 

 
Total Real Estate Management & Development         549,231   
Road & Rail – 0.2%      

AMERCO

     753         269,054   
Semiconductors & Semiconductor Equipment – 1.0%      

Cirrus Logic, Inc.*

     2,200         80,102   

First Solar, Inc.*

     7,123         487,712   

Integrated Device Technology, Inc.*

     3,875         79,205   

Microsemi Corp.*

     1,632         62,522   

NVIDIA Corp.

     12,583         448,332   

ON Semiconductor Corp.*

     10,685         102,469   

Synaptics, Inc.*

     836         66,663   
     

 

 

 
Total Semiconductors & Semiconductor Equipment         1,327,005   
Software – 1.0%      

ACI Worldwide, Inc.*

     2,202       $ 45,779   

Activision Blizzard, Inc.

     19,795         669,863   

Electronic Arts, Inc.*

     8,619         569,802   

Fair Isaac Corp.

     656         69,595   

Pegasystems, Inc.

     794         20,152   
     

 

 

 
Total Software               1,375,191   
Specialty Retail – 7.8%      

Advance Auto Parts, Inc.

     2,326         372,951   

American Eagle Outfitters, Inc.(a)

     6,288         104,821   

Asbury Automotive Group, Inc.*

     1,370         81,981   

AutoNation, Inc.*

     5,188         242,176   

CarMax, Inc.*

     7,485         382,484   

Foot Locker, Inc.

     5,846         377,067   

Home Depot, Inc. (The)

     35,516         4,738,900   

Lithia Motors, Inc. Class A

     1,056         92,220   

Lowe’s Cos., Inc.

     27,146         2,056,310   

Monro Muffler Brake, Inc.

     619         44,240   

Murphy USA, Inc.*

     2,198         135,067   

O’Reilly Automotive, Inc.*

     2,503         684,971   

Penske Automotive Group, Inc.

     5,098         193,214   

Ross Stores, Inc.

     12,581         728,440   

Tractor Supply Co.

     3,207         290,105   

Ulta Salon Cosmetics & Fragrance, Inc.*

     1,091         211,370   
     

 

 

 
Total Specialty Retail               10,736,317   
Textiles, Apparel & Luxury Goods – 2.0%      

Columbia Sportswear Co.

     2,552         153,350   

G-III Apparel Group Ltd.*

     1,716         83,895   

NIKE, Inc. Class B

     37,886         2,328,852   

Skechers U.S.A., Inc. Class A*

     5,237         159,467   
     

 

 

 
Total Textiles, Apparel & Luxury Goods               2,725,564   
Trading Companies & Distributors – 0.1%      

Beacon Roofing Supply, Inc.*

     885         36,294   

Watsco, Inc.

     885         119,245   
     

 

 

 
Total Trading Companies & Distributors               155,539   
Wireless Telecommunication Services – 0.3%      

T-Mobile U.S., Inc.*

     9,419         360,748   

Telephone & Data Systems, Inc.

     830         24,975   

United States Cellular Corp.*

     918         41,943   
     

 

 

 
Total Wireless Telecommunication Services               427,666   
TOTAL COMMON STOCKS
(Cost: $133,486,102)
              137,457,904   
EXCHANGE-TRADED FUNDS – 0.3%      
United States – 0.3%      

WisdomTree Earnings 500 Fund(b)

     4,488         312,455   

WisdomTree MidCap Earnings Fund(b)

     1,537         138,591   
     

 

 

 
TOTAL EXCHANGE-TRADED FUNDS
(Cost: $442,117)
              451,046   

 

See Notes to Financial Statements.

 

44   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (concluded)

WisdomTree LargeCap Value Fund (EZY)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.4%   
United States – 0.4%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

(Cost: $603,608)(d)

     603,608       $ 603,608   
TOTAL INVESTMENTS IN SECURITIES – 100.3%
(Cost: $134,531,827)
         138,512,558   

Liabilities in Excess of Cash and Other Assets – (0.3)%

  

     (450,975
     

 

 

 
NET ASSETS – 100.0%       $ 138,061,583   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Affiliated company (See Note 3).

 

(c) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(d) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $588,660 and the total market value of the collateral held by the Fund was $603,608.

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      45   


Table of Contents

Schedule of Investments

WisdomTree MidCap Dividend Fund (DON)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.6%      
United States – 99.6%      
Aerospace & Defense – 1.2%      

B/E Aerospace, Inc.

     69,789       $ 3,218,669   

BWX Technologies, Inc.

     30,047         1,008,377   

Curtiss-Wright Corp.

     12,690         960,252   

Hexcel Corp.

     30,915         1,351,295   

Huntington Ingalls Industries, Inc.

     27,349         3,745,172   

L-3 Communications Holdings, Inc.

     62,789         7,440,497   

Orbital ATK, Inc.

     26,381         2,293,564   
     

 

 

 
Total Aerospace & Defense               20,017,826   
Air Freight & Logistics – 0.9%      

C.H. Robinson Worldwide, Inc.

     129,293         9,597,419   

Expeditors International of Washington, Inc.

     105,129         5,131,347   
     

 

 

 
Total Air Freight & Logistics               14,728,766   
Airlines – 0.3%      

Alaska Air Group, Inc.

     44,929         3,685,077   

Allegiant Travel Co.

     4,169         742,332   
     

 

 

 
Total Airlines               4,427,409   
Auto Components – 0.8%      

BorgWarner, Inc.

     107,823         4,140,403   

Gentex Corp.

     232,548         3,648,678   

Goodyear Tire & Rubber Co. (The)

     85,764         2,828,497   

Lear Corp.

     22,753         2,529,451   
     

 

 

 
Total Auto Components               13,147,029   
Automobiles – 0.8%      

Harley-Davidson, Inc.(a)

     190,703         9,788,785   

Thor Industries, Inc.

     40,684         2,594,419   
     

 

 

 
Total Automobiles               12,383,204   
Banks – 3.2%      

Associated Banc-Corp.

     62,238         1,116,550   

Bank of Hawaii Corp.

     23,022         1,571,942   

Bank of the Ozarks, Inc.

     18,252         766,036   

BankUnited, Inc.

     42,732         1,471,690   

BOK Financial Corp.(a)

     34,100         1,862,542   

Cathay General Bancorp

     34,916         989,170   

CIT Group, Inc.

     53,033         1,645,614   

Comerica, Inc.

     64,374         2,437,843   

Commerce Bancshares, Inc.

     36,111         1,623,189   

Cullen/Frost Bankers, Inc.(a)

     37,527         2,068,113   

East West Bancorp, Inc.

     50,792         1,649,724   

First Citizens BancShares, Inc. Class A

     1,072         269,147   

First Horizon National Corp.

     69,760         913,856   

First Niagara Financial Group, Inc.

     191,998         1,858,541   

First Republic Bank

     23,543         1,568,906   

FirstMerit Corp.

     111,776         2,352,885   

Home BancShares, Inc.

     18,393         753,193   

Huntington Bancshares, Inc.

     370,292         3,532,586   

Iberiabank Corp.(a)

     18,697         958,595   

Investors Bancorp, Inc.

     98,195         1,142,990   

MB Financial, Inc.

     28,858         936,442   

PacWest Bancorp

     99,866         3,710,022   

People’s United Financial, Inc.

     234,568       $ 3,736,668   

PrivateBancorp, Inc.

     1,351         52,149   

Prosperity Bancshares, Inc.

     31,447         1,458,826   

Synovus Financial Corp.

     35,318         1,021,043   

TCF Financial Corp.

     62,857         770,627   

UMB Financial Corp.

     17,974         927,998   

Umpqua Holdings Corp.(a)

     157,901         2,504,310   

United Bankshares, Inc.

     44,883         1,647,206   

Valley National Bancorp

     188,601         1,799,254   

Webster Financial Corp.

     39,484         1,417,476   

Zions Bancorp

     31,381         759,734   
     

 

 

 
Total Banks               51,294,867   
Beverages – 0.2%      

Brown-Forman Corp. Class A(a)

     38,261         4,082,066   
Building Products – 1.0%      

A.O. Smith Corp.

     27,353         2,087,307   

Fortune Brands Home & Security, Inc.

     58,891         3,300,252   

Lennox International, Inc.(a)

     18,285         2,471,949   

Masco Corp.

     162,448         5,108,990   

Owens Corning

     62,080         2,935,142   
     

 

 

 
Total Building Products               15,903,640   
Capital Markets – 0.9%      

Eaton Vance Corp.

     68,800         2,306,176   

Federated Investors, Inc. Class B

     65,867         1,900,263   

Interactive Brokers Group, Inc. Class A

     10,659         419,112   

Janus Capital Group, Inc.

     88,871         1,300,183   

Legg Mason, Inc.

     39,926         1,384,634   

LPL Financial Holdings, Inc.(a)

     39,436         978,013   

NorthStar Asset Management Group, Inc.

     121,071         1,374,156   

Raymond James Financial, Inc.

     37,038         1,763,379   

SEI Investments Co.

     27,493         1,183,573   

Waddell & Reed Financial, Inc. Class A

     87,994         2,071,379   
     

 

 

 
Total Capital Markets               14,680,868   
Chemicals – 4.4%      

Airgas, Inc.

     46,225         6,547,309   

Albemarle Corp.

     99,002         6,329,198   

Ashland, Inc.

     36,715         4,037,181   

Cabot Corp.

     48,977         2,367,058   

Celanese Corp. Series A

     98,103         6,425,747   

FMC Corp.(a)

     85,525         3,452,644   

Huntsman Corp.

     430,508         5,725,756   

International Flavors & Fragrances, Inc.

     56,455         6,422,885   

NewMarket Corp.

     7,344         2,910,134   

Olin Corp.

     255,215         4,433,085   

PolyOne Corp.

     47,935         1,450,034   

RPM International, Inc.

     118,904         5,627,726   

Scotts Miracle-Gro Co. (The) Class A

     63,533         4,623,296   

Sensient Technologies Corp.

     29,502         1,872,197   

Valspar Corp. (The)

     46,723         5,000,296   

Westlake Chemical Corp.

     63,711         2,949,819   
     

 

 

 
Total Chemicals               70,174,365   

 

See Notes to Financial Statements.

 

46   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree MidCap Dividend Fund (DON)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Commercial Services & Supplies – 2.5%      

ADT Corp. (The)

     154,083       $ 6,357,465   

Cintas Corp.

     45,811         4,114,286   

Deluxe Corp.

     39,173         2,447,921   

Healthcare Services Group, Inc.

     52,357         1,927,261   

KAR Auction Services, Inc.

     144,204         5,499,940   

Pitney Bowes, Inc.

     275,275         5,929,423   

R.R. Donnelley & Sons Co.(a)

     534,017         8,757,879   

Rollins, Inc.

     97,083         2,632,891   

Waste Connections, Inc.(a)

     48,401         3,126,221   
     

 

 

 
Total Commercial Services & Supplies               40,793,287   
Communications Equipment – 0.7%      

Brocade Communications Systems, Inc.

     312,103         3,302,050   

Harris Corp.

     110,919         8,636,153   
     

 

 

 
Total Communications Equipment               11,938,203   
Construction & Engineering – 0.5%      

EMCOR Group, Inc.

     14,979         727,979   

Fluor Corp.

     96,482         5,181,083   

KBR, Inc.

     99,426         1,539,115   

Valmont Industries, Inc.

     11,922         1,476,421   
     

 

 

 
Total Construction & Engineering               8,924,598   
Construction Materials – 0.3%      

Eagle Materials, Inc.

     12,526         878,198   

Martin Marietta Materials, Inc.

     27,214         4,340,905   
     

 

 

 
Total Construction Materials               5,219,103   
Consumer Finance – 0.2%      

Navient Corp.

     341,348         4,085,936   
Containers & Packaging – 2.3%      

AptarGroup, Inc.

     37,666         2,953,391   

Avery Dennison Corp.

     78,784         5,681,114   

Ball Corp.

     36,424         2,596,667   

Bemis Co., Inc.

     87,576         4,534,685   

Graphic Packaging Holding Co.

     183,913         2,363,282   

Packaging Corp. of America

     120,444         7,274,818   

Sealed Air Corp.(a)

     87,112         4,182,247   

Silgan Holdings, Inc.

     26,547         1,411,504   

Sonoco Products Co.

     123,652         6,005,778   
     

 

 

 
Total Containers & Packaging               37,003,486   
Distributors – 0.1%      

Pool Corp.

     20,218         1,773,927   
Diversified Consumer Services – 0.7%      

Graham Holdings Co. Class B

     1,656         794,880   

H&R Block, Inc.

     251,958         6,656,730   

Service Corp. International

     131,908         3,255,490   
     

 

 

 
Total Diversified Consumer Services               10,707,100   
Diversified Financial Services – 0.7%      

CBOE Holdings, Inc.

     20,452         1,336,129   

FactSet Research Systems, Inc.

     7,912         1,198,906   

Leucadia National Corp.

     99,111         1,602,625   

MarketAxess Holdings, Inc.

     4,852         605,675   

Morningstar, Inc.

     7,619       $ 672,529   

MSCI, Inc.

     23,379         1,731,916   

Nasdaq, Inc.

     54,468         3,615,586   

Voya Financial, Inc.

     4,855         144,533   
     

 

 

 
Total Diversified Financial Services               10,907,899   
Diversified Telecommunication Services – 1.4%      

Frontier Communications Corp.(a)

     3,937,415         22,010,150   
Electric Utilities – 3.8%      

Cleco Corp.

     68,858         3,801,650   

Great Plains Energy, Inc.

     227,515         7,337,359   

Hawaiian Electric Industries, Inc.

     174,551         5,655,452   

IDACORP, Inc.

     57,167         4,264,087   

ITC Holdings Corp.

     111,044         4,838,187   

OGE Energy Corp.

     324,111         9,279,298   

Pinnacle West Capital Corp.

     165,297         12,408,846   

Portland General Electric Co.

     107,839         4,258,562   

Westar Energy, Inc.

     183,027         9,079,969   
     

 

 

 
Total Electric Utilities               60,923,410   
Electrical Equipment – 0.5%      

Acuity Brands, Inc.

     3,521         768,071   

EnerSys

     19,761         1,101,083   

Hubbell, Inc.

     49,138         5,205,188   

Regal Beloit Corp.

     26,082         1,645,514   
     

 

 

 
Total Electrical Equipment               8,719,856   
Electronic Equipment, Instruments & Components – 1.3%   

Avnet, Inc.

     73,727         3,266,106   

Belden, Inc.

     6,054         371,595   

CDW Corp.

     61,878         2,567,937   

Cognex Corp.

     25,209         981,891   

FEI Co.

     22,727         2,022,930   

FLIR Systems, Inc.

     76,987         2,536,722   

Ingram Micro, Inc. Class A

     69,787         2,506,051   

Jabil Circuit, Inc.(a)

     94,210         1,815,427   

National Instruments Corp.

     122,067         3,675,437   

SYNNEX Corp.

     12,963         1,200,244   
     

 

 

 
Total Electronic Equipment, Instruments & Components         20,944,340   
Energy Equipment & Services – 1.0%      

Helmerich & Payne, Inc.(a)

     211,769         12,435,076   

Oceaneering International, Inc.

     102,426         3,404,640   
     

 

 

 
Total Energy Equipment & Services               15,839,716   
Food & Staples Retailing – 0.5%      

Casey’s General Stores, Inc.

     9,812         1,111,896   

PriceSmart, Inc.

     8,787         743,204   

Whole Foods Market, Inc.

     197,487         6,143,821   
     

 

 

 
Total Food & Staples Retailing               7,998,921   
Food Products – 1.6%      

Flowers Foods, Inc.

     209,792         3,872,760   

Ingredion, Inc.(a)

     49,755         5,313,337   

Lancaster Colony Corp.(a)

     18,167         2,008,725   

McCormick & Co., Inc. Non-Voting Shares

     87,296         8,684,206   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      47   


Table of Contents

Schedule of Investments (continued)

WisdomTree MidCap Dividend Fund (DON)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Pinnacle Foods, Inc.

     104,568       $ 4,672,098   

Snyder’s-Lance, Inc.

     48,516         1,527,284   
     

 

 

 
Total Food Products               26,078,410   
Gas Utilities – 3.3%      

AGL Resources, Inc.

     143,590         9,353,452   

Atmos Energy Corp.

     103,041         7,651,825   

National Fuel Gas Co.(a)

     128,668         6,439,833   

New Jersey Resources Corp.

     107,839         3,928,575   

Piedmont Natural Gas Co., Inc.

     67,005         4,008,909   

Questar Corp.

     291,417         7,227,142   

Southwest Gas Corp.

     55,368         3,645,983   

UGI Corp.

     180,319         7,265,052   

WGL Holdings, Inc.

     57,524         4,163,012   
     

 

 

 
Total Gas Utilities               53,683,783   
Health Care Equipment & Supplies – 0.9%      

Cantel Medical Corp.

     2,701         192,743   

Cooper Cos., Inc. (The)

     697         107,317   

DENTSPLY SIRONA, Inc.

     25,209         1,553,631   

Hill-Rom Holdings, Inc.

     32,416         1,630,525   

ResMed, Inc.

     110,469         6,387,318   

Teleflex, Inc.

     16,127         2,532,100   

West Pharmaceutical Services, Inc.

     20,916         1,449,897   
     

 

 

 
Total Health Care Equipment & Supplies               13,853,531   
Health Care Providers & Services – 1.0%      

Chemed Corp.

     3,762         509,563   

HealthSouth Corp.

     88,578         3,333,190   

Patterson Cos., Inc.

     76,539         3,561,360   

Quest Diagnostics, Inc.

     118,162         8,442,675   
     

 

 

 
Total Health Care Providers & Services               15,846,788   
Hotels, Restaurants & Leisure – 4.1%      

Aramark

     101,424         3,359,163   

Brinker International, Inc.

     62,504         2,872,059   

Choice Hotels International, Inc.

     32,820         1,773,921   

Churchill Downs, Inc.

     5,201         769,124   

Cracker Barrel Old Country Store, Inc.(a)

     30,246         4,617,657   

Darden Restaurants, Inc.

     179,098         11,874,197   

Domino’s Pizza, Inc.

     22,749         2,999,683   

Dunkin’ Brands Group, Inc.(a)

     85,044         4,011,525   

Jack in the Box, Inc.

     20,075         1,282,190   

Six Flags Entertainment Corp.

     155,348         8,620,261   

Vail Resorts, Inc.

     25,844         3,455,343   

Wendy’s Co. (The)

     228,939         2,493,146   

Wyndham Worldwide Corp.

     98,045         7,493,579   

Wynn Resorts Ltd.(a)

     118,121         11,036,045   
     

 

 

 
Total Hotels, Restaurants & Leisure               66,657,893   
Household Durables – 1.4%      

CalAtlantic Group, Inc.

     17,969         600,524   

Harman International Industries, Inc.

     39,576         3,523,847   

Leggett & Platt, Inc.

     146,682         7,099,409   

Lennar Corp. Class A(a)

     20,880         1,009,757   

PulteGroup, Inc.

     233,235         4,363,827   

Tupperware Brands Corp.

     90,715         5,259,655   
     

 

 

 
Total Household Durables               21,857,019   
Household Products – 0.2%      

Spectrum Brands Holdings, Inc.

     29,846       $ 3,261,571   
Independent Power & Renewable Electricity
Producers – 1.3%
      

AES Corp.

     1,101,165         12,993,747   

NRG Energy, Inc.

     660,037         8,587,081   
     

 

 

 
Total Independent Power & Renewable Electricity Producers               21,580,828   
Industrial Conglomerates – 0.2%      

Carlisle Cos., Inc.

     32,087         3,192,657   
Insurance – 3.0%      

American Financial Group, Inc.

     25,148         1,769,665   

American National Insurance Co.

     15,444         1,783,782   

AmTrust Financial Services, Inc.(a)

     63,181         1,635,124   

Arthur J. Gallagher & Co.

     109,427         4,867,313   

Assurant, Inc.

     28,996         2,237,041   

Brown & Brown, Inc.

     39,626         1,418,611   

Cincinnati Financial Corp.

     92,520         6,047,107   

CNA Financial Corp.

     141,240         4,545,103   

CNO Financial Group, Inc.

     49,414         885,499   

Erie Indemnity Co. Class A

     23,640         2,198,284   

First American Financial Corp.

     44,762         1,705,880   

FNF Group

     54,408         1,844,431   

Hanover Insurance Group, Inc. (The)

     15,473         1,395,974   

Mercury General Corp.

     51,075         2,834,662   

Old Republic International Corp.

     192,763         3,523,708   

ProAssurance Corp.

     23,923         1,210,504   

Reinsurance Group of America, Inc.

     20,658         1,988,333   

RLI Corp.

     9,805         655,562   

Torchmark Corp.

     20,133         1,090,403   

Unum Group

     95,889         2,964,888   

W.R. Berkley Corp.

     19,321         1,085,840   
     

 

 

 
Total Insurance               47,687,714   
Internet & Catalog Retail – 0.2%      

HSN, Inc.

     53,121         2,778,760   
Internet Software & Services – 0.1%      

j2 Global, Inc.

     28,963         1,783,542   
IT Services – 2.4%      

Booz Allen Hamilton Holding Corp.

     96,606         2,925,230   

Broadridge Financial Solutions, Inc.

     99,122         5,878,926   

Computer Sciences Corp.(a)

     94,555         3,251,746   

DST Systems, Inc.

     13,181         1,486,421   

Global Payments, Inc.

     2,706         176,702   

Heartland Payment Systems, Inc.

     6,219         600,569   

Jack Henry & Associates, Inc.

     37,789         3,195,816   

Leidos Holdings, Inc.

     61,274         3,083,308   

MAXIMUS, Inc.

     7,635         401,906   

Sabre Corp.

     130,760         3,781,579   

Total System Services, Inc.

     49,602         2,360,063   

Western Union Co. (The)

     628,996         12,133,333   
     

 

 

 
Total IT Services               39,275,599   

 

See Notes to Financial Statements.

 

48   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree MidCap Dividend Fund (DON)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Leisure Products – 2.6%      

Brunswick Corp.(a)

     39,768       $ 1,908,069   

Hasbro, Inc.

     123,151         9,864,395   

Mattel, Inc.

     720,554         24,225,025   

Polaris Industries, Inc.

     54,302         5,347,661   
     

 

 

 
Total Leisure Products               41,345,150   
Life Sciences Tools & Services – 0.2%      

Bio-Techne Corp.

     19,855         1,876,694   

PerkinElmer, Inc.

     22,291         1,102,513   
     

 

 

 
Total Life Sciences Tools & Services               2,979,207   
Machinery – 4.0%      

AGCO Corp.

     31,097         1,545,521   

Allison Transmission Holdings, Inc.

     150,531         4,061,326   

CLARCOR, Inc.

     34,274         1,980,695   

Crane Co.

     59,054         3,180,649   

Donaldson Co., Inc.

     122,060         3,894,935   

Dover Corp.

     154,818         9,959,442   

Flowserve Corp.

     84,191         3,738,922   

Graco, Inc.(a)

     35,000         2,938,600   

IDEX Corp.

     47,647         3,948,983   

ITT Corp.(a)

     42,045         1,551,040   

Lincoln Electric Holdings, Inc.(a)

     63,861         3,740,339   

Nordson Corp.

     33,279         2,530,535   

Oshkosh Corp.(a)

     53,451         2,184,542   

Snap-on, Inc.

     31,201         4,898,245   

Timken Co. (The)

     110,499         3,700,612   

Toro Co. (The)

     26,612         2,291,825   

Trinity Industries, Inc.

     103,310         1,891,606   

Wabtec Corp.

     16,621         1,317,879   

Woodward, Inc.(a)

     19,454         1,011,997   

Xylem, Inc.

     102,727         4,201,534   
     

 

 

 
Total Machinery               64,569,227   
Media – 2.3%      

Cable One, Inc.

     2,953         1,290,845   

Cablevision Systems Corp. Class A

     161,654         5,334,582   

Cinemark Holdings, Inc.

     127,515         4,568,862   

Interpublic Group of Cos., Inc. (The)

     320,139         7,347,190   

News Corp. Class A

     207,225         2,646,263   

News Corp. Class B

     107,905         1,429,741   

Scripps Networks Interactive, Inc. Class A

     58,724         3,846,422   

TEGNA, Inc.

     179,625         4,214,002   

Tribune Media Co. Class A

     103,430         3,966,541   

Viacom, Inc. Class A(a)

     65,815         2,981,420   
     

 

 

 
Total Media               37,625,868   
Metals & Mining – 1.1%      

Compass Minerals International, Inc.

     41,786         2,960,956   

Newmont Mining Corp.

     100,876         2,681,284   

Reliance Steel & Aluminum Co.

     74,088         5,126,149   

Steel Dynamics, Inc.

     282,140         6,350,971   
     

 

 

 
Total Metals & Mining               17,119,360   
Multi-Utilities – 5.8%      

Alliant Energy Corp.

     156,240         11,605,507   

CenterPoint Energy, Inc.

     936,031         19,581,769   

CMS Energy Corp.

     339,278       $ 14,398,958   

MDU Resources Group, Inc.

     317,552         6,179,562   

NiSource, Inc.

     388,850         9,161,306   

NorthWestern Corp.

     64,674         3,993,620   

SCANA Corp.

     198,996         13,959,569   

TECO Energy, Inc.

     290,638         8,001,264   

Vectren Corp.

     119,432         6,038,482   
     

 

 

 
Total Multi-Utilities               92,920,037   
Multiline Retail – 1.5%      

Dillard’s, Inc. Class A

     4,855         412,238   

Kohl’s Corp.

     277,842         12,950,216   

Nordstrom, Inc.(a)

     184,516         10,556,160   
     

 

 

 
Total Multiline Retail               23,918,614   
Oil, Gas & Consumable Fuels – 4.3%      

Cabot Oil & Gas Corp.

     75,305         1,710,177   

Columbia Pipeline Group, Inc.

     308,879         7,752,863   

CVR Energy, Inc.(a)

     153,961         4,018,382   

EQT Corp.

     13,700         921,462   

HollyFrontier Corp.

     203,761         7,196,839   

Murphy Oil Corp.

     389,838         9,820,019   

ONEOK, Inc.

     929,397         27,751,794   

PBF Energy, Inc. Class A

     119,299         3,960,727   

Range Resources Corp.(a)

     44,056         1,426,533   

Western Refining, Inc.(a)

     133,132         3,872,810   

World Fuel Services Corp.

     15,025         729,914   
     

 

 

 
Total Oil, Gas & Consumable Fuels               69,161,520   
Personal Products – 0.3%      

Edgewell Personal Care Co.

     58,846         4,738,868   
Professional Services – 0.7%      

Dun & Bradstreet Corp. (The)

     23,696         2,442,584   

ManpowerGroup, Inc.

     51,733         4,212,101   

Robert Half International, Inc.

     84,037         3,914,443   
     

 

 

 
Total Professional Services               10,569,128   
Real Estate Investment Trusts (REITs) – 15.2%      

Alexandria Real Estate Equities, Inc.

     45,165         4,105,047   

American Campus Communities, Inc.

     84,672         3,987,204   

American Homes 4 Rent Class A

     45,928         730,255   

Apartment Investment & Management Co. Class A

     90,060         3,766,309   

Apple Hospitality REIT, Inc.(a)

     198,164         3,925,629   

Brixmor Property Group, Inc.

     216,793         5,554,237   

Camden Property Trust

     58,983         4,959,880   

Columbia Property Trust, Inc.

     114,853         2,525,617   

Communications Sales & Leasing, Inc.

     349,774         7,782,471   

Corrections Corp. of America

     181,585         5,819,799   

CubeSmart

     69,082         2,300,431   

DCT Industrial Trust, Inc.

     51,485         2,032,113   

DDR Corp.

     278,675         4,957,628   

Digital Realty Trust, Inc.(a)

     128,859         11,402,733   

Douglas Emmett, Inc.

     74,985         2,257,798   

Duke Realty Corp.

     220,064         4,960,243   

EPR Properties

     70,985         4,729,021   

Equity LifeStyle Properties, Inc.

     36,759         2,673,482   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      49   


Table of Contents

Schedule of Investments (continued)

WisdomTree MidCap Dividend Fund (DON)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Equity One, Inc.(a)

     79,845       $ 2,288,358   

Extra Space Storage, Inc.

     62,030         5,797,324   

Federal Realty Investment Trust

     33,321         5,199,742   

Gaming and Leisure Properties, Inc.

     168,650         5,214,658   

Healthcare Realty Trust, Inc.(a)

     79,882         2,467,555   

Healthcare Trust of America, Inc. Class A

     103,460         3,043,793   

Highwoods Properties, Inc.

     70,010         3,347,178   

Hospitality Properties Trust

     208,098         5,527,083   

Hudson Pacific Properties, Inc.

     28,431         822,225   

Iron Mountain, Inc.

     276,547         9,377,709   

Kilroy Realty Corp.

     36,687         2,269,825   

Lamar Advertising Co. Class A

     71,443         4,393,745   

LaSalle Hotel Properties

     141,991         3,593,792   

Liberty Property Trust

     159,180         5,326,163   

Medical Properties Trust, Inc.

     335,862         4,359,489   

Mid-America Apartment Communities, Inc.

     47,323         4,836,884   

National Retail Properties, Inc.

     114,327         5,281,907   

NorthStar Realty Finance Corp.

     448,462         5,883,821   

Omega Healthcare Investors, Inc.

     227,296         8,023,549   

Outfront Media, Inc.

     157,783         3,329,221   

Paramount Group, Inc.(a)

     83,899         1,338,189   

Piedmont Office Realty Trust, Inc. Class A

     119,404         2,425,095   

Post Properties, Inc.

     30,014         1,793,036   

Rayonier, Inc.

     98,731         2,436,681   

Regency Centers Corp.

     50,252         3,761,362   

Retail Properties of America, Inc. Class A

     194,957         3,090,068   

RLJ Lodging Trust

     133,284         3,049,538   

Ryman Hospitality Properties, Inc.(a)

     51,120         2,631,658   

Senior Housing Properties Trust

     478,644         8,562,941   

Sovran Self Storage, Inc.

     22,254         2,624,859   

Spirit Realty Capital, Inc.

     534,334         6,011,258   

STORE Capital Corp.

     110,129         2,850,139   

Sun Communities, Inc.

     40,711         2,915,315   

Sunstone Hotel Investors, Inc.

     56,216         787,024   

Tanger Factory Outlet Centers, Inc.

     61,547         2,239,695   

Taubman Centers, Inc.

     33,957         2,418,757   

UDR, Inc.(a)

     147,039         5,665,413   

VEREIT, Inc.

     1,115,069         9,890,662   

W.P. Carey, Inc.

     122,366         7,616,060   

Weingarten Realty Investors

     91,689         3,440,171   
     

 

 

 
Total Real Estate Investment Trusts (REITs)               244,401,839   
Real Estate Management & Development – 0.1%   

Jones Lang LaSalle, Inc.

     2,913         341,753   

Kennedy-Wilson Holdings, Inc.

     39,874         873,241   
     

 

 

 
Total Real Estate Management & Development         1,214,994   
Road & Rail – 0.9%      

JB Hunt Transport Services, Inc.

     48,452         4,081,597   

Kansas City Southern

     70,391         6,014,911   

Landstar System, Inc.(a)

     8,564         553,320   

Ryder System, Inc.

     57,430         3,720,315   
     

 

 

 
Total Road & Rail               14,370,143   
Semiconductors & Semiconductor Equipment – 1.8%   

Atmel Corp.

     287,998       $ 2,338,544   

KLA-Tencor Corp.

     175,395         12,770,510   

Microchip Technology, Inc.(a)

     239,499         11,543,852   

Monolithic Power Systems, Inc.

     18,485         1,176,385   

Teradyne, Inc.

     91,088         1,966,590   
     

 

 

 
Total Semiconductors & Semiconductor Equipment         29,795,881   
Software – 0.4%      

Blackbaud, Inc.

     12,532         788,137   

CDK Global, Inc.

     68,832         3,204,130   

Fair Isaac Corp.

     974         103,332   

SS&C Technologies Holdings, Inc.

     26,999         1,712,276   
     

 

 

 
Total Software               5,807,875   
Specialty Retail – 2.8%      

American Eagle Outfitters, Inc.(a)

     228,714         3,812,662   

CST Brands, Inc.(a)

     17,483         669,424   

Dick’s Sporting Goods, Inc.

     48,960         2,288,880   

Foot Locker, Inc.

     77,242         4,982,109   

GameStop Corp. Class A(a)

     184,677         5,859,801   

Lithia Motors, Inc. Class A

     5,709         498,567   

Penske Automotive Group, Inc.

     74,292         2,815,667   

Staples, Inc.

     1,193,540         13,164,746   

Tiffany & Co.

     100,213         7,353,630   

Williams-Sonoma, Inc.(a)

     76,113         4,166,426   
     

 

 

 
Total Specialty Retail               45,611,912   
Technology Hardware, Storage & Peripherals – 0.5%   

NetApp, Inc.

     268,505         7,327,501   
Textiles, Apparel & Luxury Goods – 1.7%      

Carter’s, Inc.

     18,875         1,989,048   

Coach, Inc.

     452,349         18,134,671   

Columbia Sportswear Co.

     39,372         2,365,863   

PVH Corp.

     5,731         567,713   

Ralph Lauren Corp.

     38,368         3,693,304   
     

 

 

 
Total Textiles, Apparel & Luxury Goods               26,750,599   
Thrifts & Mortgage Finance – 0.7%      

New York Community Bancorp, Inc.

     543,029         8,634,161   

Radian Group, Inc.

     3,235         40,114   

TFS Financial Corp.

     113,468         1,970,939   
     

 

 

 
Total Thrifts & Mortgage Finance               10,645,214   
Tobacco – 0.4%      

Vector Group Ltd.(a)

     295,060         6,739,170   
Trading Companies & Distributors – 0.5%      

Air Lease Corp.

     22,667         728,064   

MSC Industrial Direct Co., Inc. Class A

     52,245         3,986,816   

Watsco, Inc.

     25,483         3,433,579   
     

 

 

 
Total Trading Companies & Distributors               8,148,459   
Transportation Infrastructure – 0.8%      

Macquarie Infrastructure Corp.(a)

     199,186         13,433,104   

 

See Notes to Financial Statements.

 

50   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (concluded)

WisdomTree MidCap Dividend Fund (DON)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Water Utilities – 1.0%      

American Water Works Co., Inc.

     157,971       $ 10,888,941   

Aqua America, Inc.

     159,322         5,069,626   
     

 

 

 
Total Water Utilities               15,958,567   
Wireless Telecommunication Services – 0.1%      

Telephone & Data Systems, Inc.

     79,095         2,379,969   
TOTAL COMMON STOCKS
(Cost: $1,464,445,208)
              1,603,700,273   
EXCHANGE-TRADED FUND – 0.1%      
United States – 0.1%      
WisdomTree LargeCap Dividend Fund(b)
(Cost: $1,620,820)
     23,858         1,751,177   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 4.1%   
United States – 4.1%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

(Cost: $65,947,592)(d)

     65,947,592         65,947,592   
TOTAL INVESTMENTS IN SECURITIES – 103.8%
(Cost: $1,532,013,620)
         1,671,399,042   

Liabilities in Excess of Cash and Other Assets – (3.8)%

  

     (61,914,865
     

 

 

 
NET ASSETS – 100.0%             $ 1,609,484,177   
(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Affiliated company (See Note 3).

 

(c) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(d) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $66,948,860 and the total market value of the collateral held by the Fund was $68,507,212. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $2,559,620.

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      51   


Table of Contents

Schedule of Investments

WisdomTree MidCap Earnings Fund (EZM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.7%      
United States – 99.7%      
Aerospace & Defense – 1.9%      

B/E Aerospace, Inc.

     27,457       $ 1,266,317   

BWX Technologies, Inc.

     12,348         414,399   

Curtiss-Wright Corp.

     16,960         1,283,363   

Esterline Technologies Corp.*

     10,136         649,414   

Hexcel Corp.

     36,335         1,588,203   

Huntington Ingalls Industries, Inc.

     25,604         3,506,212   

Moog, Inc. Class A*

     14,796         675,881   

Orbital ATK, Inc.

     16,487         1,433,380   

Teledyne Technologies, Inc.*

     15,194         1,339,199   

Triumph Group, Inc.

     23,799         749,192   
     

 

 

 
Total Aerospace & Defense               12,905,560   
Airlines – 0.7%      

Allegiant Travel Co.

     6,851         1,219,889   

Hawaiian Holdings, Inc.*

     28,547         1,347,133   

Spirit Airlines, Inc.*

     49,129         2,357,209   
     

 

 

 
Total Airlines               4,924,231   
Auto Components – 1.5%      

American Axle & Manufacturing Holdings, Inc.*

     72,446         1,114,944   

Cooper Tire & Rubber Co.

     35,212         1,303,548   

Dana Holding Corp.

     219,784         3,096,756   

Gentex Corp.

     131,204         2,058,591   

Gentherm, Inc.*

     13,223         549,945   

Tenneco, Inc.*

     32,064         1,651,617   

Visteon Corp.

     2,417         192,369   
     

 

 

 
Total Auto Components               9,967,770   
Automobiles – 0.2%      

Thor Industries, Inc.

     24,548         1,565,426   
Banks – 7.3%      

Associated Banc-Corp.

     52,602         943,680   

BancorpSouth, Inc.

     32,011         682,154   

Bank of Hawaii Corp.

     14,418         984,461   

Bank of the Ozarks, Inc.

     17,689         742,407   

BankUnited, Inc.

     36,482         1,256,440   

Banner Corp.

     5,928         249,213   

BOK Financial Corp.(a)

     26,051         1,422,906   

Cathay General Bancorp

     27,974         792,503   

Columbia Banking System, Inc.

     16,031         479,648   

Commerce Bancshares, Inc.

     33,327         1,498,049   

Community Bank System, Inc.

     13,165         503,035   

Cullen/Frost Bankers, Inc.(a)

     25,238         1,390,866   

CVB Financial Corp.

     32,617         569,167   

East West Bancorp, Inc.

     52,094         1,692,013   

First Citizens BancShares, Inc. Class A

     4,973         1,248,571   

First Financial Bankshares, Inc.(a)

     17,665         522,531   

First Horizon National Corp.

     75,205         985,186   

First Niagara Financial Group, Inc.

     116,940         1,131,979   

FirstMerit Corp.

     70,470         1,483,393   

FNB Corp.

     64,220         835,502   

Fulton Financial Corp.

     63,287         846,780   

Glacier Bancorp, Inc.

     24,702       $ 627,925   

Hancock Holding Co.

     32,219         739,748   

Hilltop Holdings, Inc.*

     63,538         1,199,597   

Home BancShares, Inc.

     18,322         750,286   

Iberiabank Corp.

     13,452         689,684   

International Bancshares Corp.

     30,986         764,115   

Investors Bancorp, Inc.

     80,970         942,491   

MB Financial, Inc.

     24,897         807,908   

National Penn Bancshares, Inc.

     49,772         529,574   

PacWest Bancorp

     38,262         1,421,433   

People’s United Financial, Inc.

     88,467         1,409,279   

Pinnacle Financial Partners, Inc.

     9,675         474,656   

Popular, Inc.

     159,539         4,564,411   

PrivateBancorp, Inc.

     22,611         872,785   

Prosperity Bancshares, Inc.

     34,083         1,581,110   

Simmons First National Corp. Class A

     6,271         282,634   

South State Corp.

     7,583         487,056   

Sterling Bancorp

     16,622         264,788   

Synovus Financial Corp.

     38,690         1,118,528   

TCF Financial Corp.

     59,469         729,090   

Texas Capital Bancshares, Inc.*

     15,901         610,280   

UMB Financial Corp.

     14,962         772,488   

Umpqua Holdings Corp.

     75,846         1,202,918   

United Bankshares, Inc.

     20,594         755,800   

Valley National Bancorp

     60,965         581,606   

Webster Financial Corp.

     29,627         1,063,609   

Western Alliance Bancorp*

     26,955         899,758   

Wintrust Financial Corp.

     17,425         772,625   

Zions Bancorp

     46,440         1,124,312   
     

 

 

 
Total Banks               48,300,978   
Beverages – 0.1%      

Boston Beer Co., Inc. (The) Class A*

     3,254         602,218   

National Beverage Corp.*

     7,323         309,909   
     

 

 

 
Total Beverages               912,127   
Biotechnology – 0.4%      

Insys Therapeutics, Inc.*(a)

     11,656         186,380   

Ligand Pharmaceuticals, Inc.*(a)

     17,566         1,881,143   

Myriad Genetics, Inc.*

     14,710         550,595   
     

 

 

 
Total Biotechnology               2,618,118   
Building Products – 1.1%      

A.O. Smith Corp.

     24,079         1,837,469   

Armstrong World Industries, Inc.*

     10,535         509,578   

Lennox International, Inc.

     11,747         1,588,077   

Owens Corning

     36,343         1,718,297   

Simpson Manufacturing Co., Inc.

     13,404         511,631   

USG Corp.*

     35,645         884,352   
     

 

 

 
Total Building Products               7,049,404   
Capital Markets – 1.3%      

BGC Partners, Inc. Class A

     38,654         349,819   

Eaton Vance Corp.

     42,340         1,419,237   

Evercore Partners, Inc. Class A

     5,028         260,199   

Federated Investors, Inc. Class B

     30,343         875,396   

 

See Notes to Financial Statements.

 

52   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree MidCap Earnings Fund (EZM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Financial Engines, Inc.

     5,482       $ 172,299   

Interactive Brokers Group, Inc. Class A

     5,046         198,409   

Janus Capital Group, Inc.

     61,714         902,876   

Legg Mason, Inc.

     44,763         1,552,381   

LPL Financial Holdings, Inc.(a)

     24,853         616,354   

NorthStar Asset Management Group, Inc.

     62,944         714,414   

Stifel Financial Corp.*

     16,822         497,931   

Waddell & Reed Financial, Inc. Class A

     46,285         1,089,549   
     

 

 

 
Total Capital Markets               8,648,864   
Chemicals – 2.0%      

Albemarle Corp.

     25,811         1,650,097   

Balchem Corp.

     6,781         420,558   

Chemtura Corp.*

     110,486         2,916,830   

FMC Corp.

     12,642         510,358   

H.B. Fuller Co.

     13,074         554,991   

Huntsman Corp.

     36,558         486,221   

Minerals Technologies, Inc.

     14,408         819,095   

NewMarket Corp.

     4,269         1,691,634   

PolyOne Corp.

     30,263         915,456   

RPM International, Inc.

     33,491         1,585,129   

Scotts Miracle-Gro Co. (The) Class A

     16,673         1,213,294   

Sensient Technologies Corp.

     12,823         813,748   
     

 

 

 
Total Chemicals               13,577,411   
Commercial Services & Supplies – 2.7%      

ADT Corp. (The)

     61,365         2,531,920   

Clean Harbors, Inc.*

     17,349         856,000   

Copart, Inc.*

     39,481         1,609,640   

Deluxe Corp.

     26,752         1,671,733   

Healthcare Services Group, Inc.

     12,447         458,174   

Herman Miller, Inc.

     42,743         1,320,331   

HNI Corp.

     16,465         644,934   

KAR Auction Services, Inc.

     39,464         1,505,157   

Matthews International Corp. Class A

     6,105         314,224   

MSA Safety, Inc.

     12,737         615,834   

Pitney Bowes, Inc.

     113,396         2,442,550   

R.R. Donnelley & Sons Co.

     66,814         1,095,750   

Rollins, Inc.

     39,350         1,067,172   

Steelcase, Inc. Class A

     28,174         420,356   

West Corp.

     55,527         1,267,126   
     

 

 

 
Total Commercial Services & Supplies               17,820,901   
Communications Equipment – 1.3%      

Arista Networks, Inc.*(a)

     10,813         682,300   

Brocade Communications Systems, Inc.

     266,681         2,821,485   

CommScope Holding Co., Inc.*

     11,652         325,324   

EchoStar Corp. Class A*

     28,357         1,255,932   

Infinera Corp.*(a)

     15,734         252,688   

InterDigital, Inc.

     13,968         777,319   

NetScout Systems, Inc.*

     8,084         185,689   

Plantronics, Inc.

     12,976         508,529   

Polycom, Inc.*

     41,005         457,206   

Ubiquiti Networks, Inc.*(a)

     30,137         1,002,658   

ViaSat, Inc.*

     2,258         165,918   
     

 

 

 
Total Communications Equipment               8,435,048   
Construction & Engineering – 1.0%      

Dycom Industries, Inc.*

     7,234       $ 467,823   

EMCOR Group, Inc.

     23,933         1,163,144   

Jacobs Engineering Group, Inc.*

     58,084         2,529,558   

Quanta Services, Inc.*

     65,954         1,487,922   

Valmont Industries, Inc.

     7,622         943,908   
     

 

 

 
Total Construction & Engineering               6,592,355   
Construction Materials – 0.2%      

Eagle Materials, Inc.

     18,862         1,322,415   
Consumer Finance – 1.9%      

Credit Acceptance Corp.*(a)

     7,871         1,428,980   

Navient Corp.

     443,210         5,305,224   

PRA Group, Inc.*

     26,376         775,191   

Santander Consumer USA Holdings, Inc.*

     362,309         3,800,621   

SLM Corp.*

     158,560         1,008,441   
     

 

 

 
Total Consumer Finance               12,318,457   
Containers & Packaging – 1.7%      

AptarGroup, Inc.

     18,807         1,474,657   

Avery Dennison Corp.

     32,217         2,323,168   

Bemis Co., Inc.

     36,651         1,897,789   

Berry Plastics Group, Inc.*

     16,534         597,704   

Graphic Packaging Holding Co.

     117,633         1,511,584   

Owens-Illinois, Inc.*

     28,469         454,365   

Silgan Holdings, Inc.

     19,127         1,016,982   

Sonoco Products Co.

     35,079         1,703,787   
     

 

 

 
Total Containers & Packaging               10,980,036   
Distributors – 0.2%      

Core-Mark Holding Co., Inc.

     3,717         303,159   

Pool Corp.

     10,475         919,076   
     

 

 

 
Total Distributors               1,222,235   
Diversified Consumer Services – 0.8%      

Bright Horizons Family Solutions, Inc.*

     9,407         609,385   

Graham Holdings Co. Class B

     1,521         730,080   

Grand Canyon Education, Inc.*

     22,544         963,531   

Service Corp. International

     32,642         805,605   

ServiceMaster Global Holdings, Inc.*

     29,945         1,128,328   

Sotheby’s

     32,676         873,429   
     

 

 

 
Total Diversified Consumer Services               5,110,358   
Diversified Financial Services – 0.4%      

CBOE Holdings, Inc.

     17,782         1,161,698   

MarketAxess Holdings, Inc.

     4,905         612,291   

Morningstar, Inc.

     8,796         776,423   
     

 

 

 
Total Diversified Financial Services               2,550,412   
Diversified Telecommunication Services – 0.2%      

Globalstar, Inc.*(a)

     744,975         1,095,113   
Electric Utilities – 2.5%      

ALLETE, Inc.

     22,779         1,277,219   

Cleco Corp.

     17,703         977,383   

Great Plains Energy, Inc.

     63,936         2,061,936   

Hawaiian Electric Industries, Inc.

     35,718         1,157,263   

IDACORP, Inc.

     19,902         1,484,490   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      53   


Table of Contents

Schedule of Investments (continued)

WisdomTree MidCap Earnings Fund (EZM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

ITC Holdings Corp.

     45,717       $ 1,991,890   

OGE Energy Corp.

     81,261         2,326,502   

PNM Resources, Inc.

     30,246         1,019,895   

Portland General Electric Co.

     32,694         1,291,086   

Westar Energy, Inc.

     55,938         2,775,084   
     

 

 

 
Total Electric Utilities               16,362,748   
Electrical Equipment – 0.8%      

EnerSys

     22,675         1,263,451   

Generac Holdings, Inc.*(a)

     26,371         982,056   

Hubbell, Inc.

     21,335         2,260,016   

Regal Beloit Corp.

     18,040         1,138,144   
     

 

 

 
Total Electrical Equipment               5,643,667   
Electronic Equipment, Instruments & Components – 4.8%   

Anixter International, Inc.*

     14,600         760,806   

Arrow Electronics, Inc.*

     56,225         3,621,452   

Avnet, Inc.

     88,268         3,910,272   

AVX Corp.

     117,039         1,471,180   

Belden, Inc.

     4,907         301,192   

Cognex Corp.

     22,070         859,626   

Dolby Laboratories, Inc. Class A

     37,643         1,635,965   

FEI Co.

     10,558         939,768   

FLIR Systems, Inc.

     57,729         1,902,171   

Ingram Micro, Inc. Class A

     41,780         1,500,320   

IPG Photonics Corp.*

     18,522         1,779,594   

Jabil Circuit, Inc.

     85,176         1,641,341   

Keysight Technologies, Inc.*

     78,363         2,173,790   

Littelfuse, Inc.

     5,074         624,660   

National Instruments Corp.

     24,944         751,064   

OSI Systems, Inc.*

     4,834         316,579   

Sanmina Corp.*

     125,782         2,940,783   

SYNNEX Corp.

     15,139         1,401,720   

Tech Data Corp.*

     21,155         1,624,069   

Trimble Navigation Ltd.*

     37,701         934,985   

Universal Display Corp.*

     1,159         62,702   

VeriFone Systems, Inc.*

     18,942         534,922   
     

 

 

 
Total Electronic Equipment, Instruments & Components         31,688,961   
Energy Equipment & Services – 1.1%      

Diamond Offshore Drilling, Inc.(a)

     24,132         524,388   

Dril-Quip, Inc.*

     24,093         1,459,072   

Helmerich & Payne, Inc.(a)

     55,050         3,232,536   

Oceaneering International, Inc.

     55,291         1,837,873   

RPC, Inc.(a)

     9,995         141,729   
     

 

 

 
Total Energy Equipment & Services               7,195,598   
Food & Staples Retailing – 0.7%      

Casey’s General Stores, Inc.

     10,434         1,182,381   

PriceSmart, Inc.

     7,204         609,314   

Sprouts Farmers Market, Inc.*

     31,728         921,381   

SUPERVALU, Inc.*

     182,064         1,048,689   

United Natural Foods, Inc.*

     22,885         922,265   
     

 

 

 
Total Food & Staples Retailing               4,684,030   
Food Products – 2.5%      

B&G Foods, Inc.

     13,853       $ 482,223   

Cal-Maine Foods, Inc.(a)

     40,593         2,107,183   

Darling Ingredients, Inc.*

     45,522         599,525   

Flowers Foods, Inc.

     58,316         1,076,513   

Hain Celestial Group, Inc. (The)*

     32,621         1,334,525   

J&J Snack Foods Corp.

     4,212         456,075   

Lancaster Colony Corp.

     6,609         730,757   

Pilgrim’s Pride Corp.*(a)

     238,928         6,068,771   

Pinnacle Foods, Inc.

     27,971         1,249,744   

Seaboard Corp.*

     418         1,255,258   

Snyder’s-Lance, Inc.

     12,520         394,130   

TreeHouse Foods, Inc.*

     9,394         814,930   
     

 

 

 
Total Food Products               16,569,634   
Gas Utilities – 2.0%      

Atmos Energy Corp.

     36,320         2,697,123   

New Jersey Resources Corp.

     38,359         1,397,418   

ONE Gas, Inc.

     16,968         1,036,745   

Piedmont Natural Gas Co., Inc.

     16,579         991,922   

Questar Corp.

     83,521         2,071,321   

Southwest Gas Corp.

     18,425         1,213,286   

UGI Corp.

     60,741         2,447,255   

WGL Holdings, Inc.

     16,586         1,200,329   
     

 

 

 
Total Gas Utilities               13,055,399   
Health Care Equipment & Supplies – 1.1%      

ABIOMED, Inc.*

     10,507         996,169   

Align Technology, Inc.*

     14,039         1,020,495   

Cantel Medical Corp.

     5,559         396,690   

Globus Medical, Inc. Class A*

     27,393         650,584   

Greatbatch, Inc.*

     3,435         122,423   

Hill-Rom Holdings, Inc.

     7,190         361,657   

ICU Medical, Inc.*

     2,904         302,306   

Integra LifeSciences Holdings Corp.*

     921         62,039   

Masimo Corp.*

     13,788         576,890   

Neogen Corp.*(a)

     3,920         197,372   

NuVasive, Inc.*

     5,168         251,423   

Nuvectra Corp.*

     1,145         6,195   

Teleflex, Inc.

     10,401         1,633,061   

West Pharmaceutical Services, Inc.

     13,835         959,042   
     

 

 

 
Total Health Care Equipment & Supplies               7,536,346   
Health Care Providers & Services – 2.1%      

Acadia Healthcare Co., Inc.*

     10,994         605,879   

Amsurg Corp.*

     10,286         767,336   

Centene Corp.*

     101         6,209   

Chemed Corp.

     5,058         685,106   

Community Health Systems, Inc.*

     103,842         1,922,115   

Diplomat Pharmacy, Inc.*(a)

     3,883         106,394   

Envision Healthcare Holdings, Inc.*

     41,187         840,215   

HealthEquity, Inc.*

     2,955         72,900   

HealthSouth Corp.

     35,647         1,341,397   

LifePoint Health, Inc.*

     14,729         1,019,983   

Molina Healthcare, Inc.*

     17,244         1,112,066   

Owens & Minor, Inc.

     16,509         667,294   

 

See Notes to Financial Statements.

 

54   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree MidCap Earnings Fund (EZM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Patterson Cos., Inc.

     30,243       $ 1,407,207   

Team Health Holdings, Inc.*

     15,229         636,724   

Tenet Healthcare Corp.*

     16,280         470,980   

VCA, Inc.*

     21,697         1,251,700   

WellCare Health Plans, Inc.*

     10,782         1,000,031   
     

 

 

 
Total Health Care Providers & Services               13,913,536   
Health Care Technology – 0.1%      

Medidata Solutions, Inc.*

     1,735         67,162   

Veeva Systems, Inc. Class A*

     13,442         336,587   
     

 

 

 
Total Health Care Technology               403,749   
Hotels, Restaurants & Leisure – 2.8%      

Bloomin’ Brands, Inc.

     54,565         920,512   

Boyd Gaming Corp.*

     18,245         376,942   

Brinker International, Inc.

     30,344         1,394,307   

Buffalo Wild Wings, Inc.*(a)

     3,944         584,185   

Cheesecake Factory, Inc. (The)

     16,899         897,168   

Choice Hotels International, Inc.

     17,264         933,119   

Churchill Downs, Inc.

     2,056         304,041   

Cracker Barrel Old Country Store, Inc.(a)

     9,035         1,379,373   

Diamond Resorts International, Inc.*(a)

     30,691         745,791   

Domino’s Pizza, Inc.

     11,144         1,469,448   

Dunkin’ Brands Group, Inc.

     27,159         1,281,090   

Jack in the Box, Inc.

     10,266         655,689   

La Quinta Holdings, Inc.*

     4,331         54,138   

Marriott Vacations Worldwide Corp.

     13,300         897,750   

Panera Bread Co. Class A*

     5,794         1,186,785   

Papa John’s International, Inc.

     9,755         528,623   

Pinnacle Entertainment, Inc.*

     16,088         564,689   

Six Flags Entertainment Corp.

     15,485         859,263   

Texas Roadhouse, Inc.

     18,620         811,460   

Vail Resorts, Inc.

     5,540         740,698   

Wendy’s Co. (The)

     32,573         354,720   

Wynn Resorts Ltd.(a)

     21,217         1,982,304   
     

 

 

 
Total Hotels, Restaurants & Leisure               18,922,095   
Household Durables – 1.1%      

CalAtlantic Group, Inc.

     27,265         911,196   

GoPro, Inc. Class A*(a)

     68,184         815,480   

Leggett & Platt, Inc.

     47,947         2,320,635   

Tempur Sealy International, Inc.*

     13,087         795,559   

TRI Pointe Group, Inc.*

     87,390         1,029,454   

Tupperware Brands Corp.

     25,962         1,505,277   
     

 

 

 
Total Household Durables               7,377,601   
Household Products – 0.2%      

Spectrum Brands Holdings, Inc.

     12,518         1,367,967   
Independent Power & Renewable Electricity Producers – 0.8%   

Calpine Corp.*

     270,192         4,098,813   

Dynegy, Inc.*

     31,703         455,572   

Ormat Technologies, Inc.

     20,702         853,750   
     

 

 

 
Total Independent Power & Renewable Electricity Producers         5,408,135   
Industrial Conglomerates – 0.3%      

Carlisle Cos., Inc.

     22,488         2,237,556   
Insurance – 3.5%      

American Equity Investment Life Holding Co.

     48,900       $ 821,520   

American National Insurance Co.

     11,696         1,350,888   

AmTrust Financial Services, Inc.

     99,018         2,562,586   

Assurant, Inc.

     7,306         563,658   

Brown & Brown, Inc.

     42,028         1,504,603   

CNO Financial Group, Inc.

     66,183         1,185,999   

Erie Indemnity Co. Class A

     5,250         488,198   

First American Financial Corp.

     44,549         1,697,762   

Hanover Insurance Group, Inc. (The)

     21,574         1,946,406   

Kemper Corp.

     16,018         473,652   

Mercury General Corp.

     12,070         669,885   

National General Holdings Corp.

     37,476         809,107   

Old Republic International Corp.

     111,982         2,047,031   

Primerica, Inc.

     21,349         950,671   

ProAssurance Corp.

     15,631         790,929   

Reinsurance Group of America, Inc.

     36,637         3,526,311   

RLI Corp.

     11,864         793,227   

Selective Insurance Group, Inc.

     25,574         936,264   
     

 

 

 
Total Insurance               23,118,697   
Internet & Catalog Retail – 0.2%      

HSN, Inc.

     24,430         1,277,933   
Internet Software & Services – 0.4%      

GrubHub, Inc.*(a)

     10,237         257,256   

IAC/InterActiveCorp

     23,165         1,090,608   

j2 Global, Inc.

     11,189         689,019   

LogMeIn, Inc.*

     1,098         55,405   

Rackspace Hosting, Inc.*

     35,184         759,622   

Yelp, Inc.*

     4,791         95,245   
     

 

 

 
Total Internet Software & Services               2,947,155   
IT Services – 2.7%      

Blackhawk Network Holdings, Inc.*

     5,996         205,663   

Booz Allen Hamilton Holding Corp.

     50,522         1,529,806   

CACI International, Inc. Class A*

     9,261         988,149   

Computer Sciences Corp.

     61,095         2,101,057   

Convergys Corp.

     51,705         1,435,848   

CoreLogic, Inc.*

     20,380         707,186   

DST Systems, Inc.

     16,263         1,833,978   

EPAM Systems, Inc.*

     6,562         489,985   

Euronet Worldwide, Inc.*

     8,849         655,799   

Heartland Payment Systems, Inc.

     3,552         343,017   

Leidos Holdings, Inc.

     16,466         828,569   

MAXIMUS, Inc.

     19,597         1,031,586   

Science Applications International Corp.

     18,575         990,790   

Syntel, Inc.*

     36,158         1,805,369   

Teradata Corp.*

     71,940         1,887,706   

WEX, Inc.*

     10,166         847,438   
     

 

 

 
Total IT Services               17,681,946   
Leisure Products – 0.4%      

Brunswick Corp.

     37,599         1,804,000   

Vista Outdoor, Inc.*

     11,566         600,391   
     

 

 

 
Total Leisure Products               2,404,391   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      55   


Table of Contents

Schedule of Investments (continued)

WisdomTree MidCap Earnings Fund (EZM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Life Sciences Tools & Services – 1.0%      

Bio-Rad Laboratories, Inc. Class A*

     5,656       $ 773,288   

Bio-Techne Corp.

     7,757         733,192   

Bruker Corp.

     20,808         582,624   

Charles River Laboratories International, Inc.*

     12,399         941,580   

INC Research Holdings, Inc. Class A*

     5,404         222,699   

PAREXEL International Corp.*

     13,889         871,257   

PerkinElmer, Inc.

     28,102         1,389,925   

PRA Health Sciences, Inc.*

     4,458         190,624   

VWR Corp.*

     38,738         1,048,250   
     

 

 

 
Total Life Sciences Tools & Services               6,753,439   
Machinery – 6.2%      

AGCO Corp.

     40,064         1,991,181   

Allison Transmission Holdings, Inc.

     59,649         1,609,330   

Barnes Group, Inc.

     25,154         881,145   

CLARCOR, Inc.

     21,381         1,235,608   

Colfax Corp.*

     58,848         1,682,464   

Crane Co.

     30,392         1,636,913   

Donaldson Co., Inc.

     51,995         1,659,160   

Flowserve Corp.

     61,088         2,712,918   

Graco, Inc.

     24,190         2,030,992   

Hillenbrand, Inc.

     26,654         798,287   

IDEX Corp.

     25,291         2,096,118   

ITT Corp.

     57,791         2,131,910   

Kennametal, Inc.

     13,603         305,931   

Lincoln Electric Holdings, Inc.

     19,315         1,131,280   

Manitowoc Co., Inc. (The)(a)

     26,726         115,724   

Manitowoc Foodservice, Inc.*

     26,726         393,941   

Middleby Corp. (The)*

     12,645         1,350,107   

Mueller Industries, Inc.

     19,176         564,158   

Nordson Corp.

     25,868         1,967,003   

Oshkosh Corp.

     41,076         1,678,776   

Proto Labs, Inc.*(a)

     4,901         377,818   

Rexnord Corp.*

     32,012         647,283   

Terex Corp.

     78,626         1,956,215   

Timken Co. (The)

     57,737         1,933,612   

Toro Co. (The)

     17,190         1,480,403   

Trinity Industries, Inc.

     193,933         3,550,913   

WABCO Holdings, Inc.*

     17,103         1,828,653   

Woodward, Inc.

     25,201         1,310,956   
     

 

 

 
Total Machinery               41,058,799   
Marine – 0.4%      

Kirby Corp.*

     30,007         1,809,122   

Matson, Inc.

     17,158         689,237   
     

 

 

 
Total Marine               2,498,359   
Media – 4.7%      

AMC Networks, Inc. Class A*

     31,418         2,040,285   

Cable One, Inc.

     1,417         619,413   

Cinemark Holdings, Inc.

     42,647         1,528,042   

Crown Media Holdings, Inc. Class A*

     132,194         671,546   

Discovery Communications, Inc. Class A*(a)

     176,787         5,061,412   

Gannett Co., Inc.

     75,422         1,141,889   

John Wiley & Sons, Inc. Class A

     27,408         1,339,977   

Liberty Media Corp. Class A*

     16,482       $ 636,700   

Meredith Corp.

     17,447         828,732   

New York Times Co. (The) Class A

     33,077         412,139   

Nexstar Broadcasting Group, Inc. Class A(a)

     10,217         452,307   

Regal Entertainment Group Class A(a)

     53,441         1,129,743   

Scripps Networks Interactive, Inc. Class A

     71,931         4,711,480   

Sinclair Broadcast Group, Inc. Class A

     39,351         1,210,043   

Starz Class A*

     59,309         1,561,606   

TEGNA, Inc.

     239,767         5,624,934   

Time, Inc.

     83,840         1,294,490   

Tribune Media Co. Class A

     17,001         651,988   
     

 

 

 
Total Media               30,916,726   
Metals & Mining – 0.9%      

Carpenter Technology Corp.

     12,581         430,648   

Compass Minerals International, Inc.

     15,538         1,101,023   

Reliance Steel & Aluminum Co.

     39,329         2,721,173   

Steel Dynamics, Inc.

     30,990         697,585   

Worthington Industries, Inc.

     22,380         797,623   
     

 

 

 
Total Metals & Mining               5,748,052   
Multi-Utilities – 1.4%      

Avista Corp.

     23,836         972,032   

Black Hills Corp.(a)

     4,383         263,550   

MDU Resources Group, Inc.

     75,425         1,467,771   

NiSource, Inc.

     87,550         2,062,678   

NorthWestern Corp.

     18,363         1,133,915   

TECO Energy, Inc.

     57,111         1,572,266   

Vectren Corp.

     30,588         1,546,529   
     

 

 

 
Total Multi-Utilities               9,018,741   
Multiline Retail – 0.6%      

Big Lots, Inc.

     25,145         1,138,817   

Dillard’s, Inc. Class A

     30,673         2,604,444   
     

 

 

 
Total Multiline Retail               3,743,261   
Oil, Gas & Consumable Fuels – 4.2%      

Antero Resources Corp.*

     481,406         11,972,567   

Columbia Pipeline Group, Inc.

     94,905         2,382,116   

CVR Energy, Inc.(a)

     23,323         608,730   

Delek U.S. Holdings, Inc.

     23,362         356,037   

Memorial Resource Development Corp.*

     118,410         1,205,414   

ONEOK, Inc.

     109,921         3,282,241   

Parsley Energy, Inc. Class A*

     2,767         62,534   

PDC Energy, Inc.*

     1,403         83,408   

Rice Energy, Inc.*

     69,980         976,921   

RSP Permian, Inc.*

     24,548         712,874   

SM Energy Co.(a)

     40,831         765,173   

Targa Resources Corp.

     14,040         419,234   

Western Refining, Inc.

     92,185         2,681,662   

World Fuel Services Corp.

     33,287         1,617,082   

WPX Energy, Inc.*

     122,948         859,407   
     

 

 

 
Total Oil, Gas & Consumable Fuels               27,985,400   
Paper & Forest Products – 0.1%      

KapStone Paper and Packaging Corp.

     37,082         513,586   

 

See Notes to Financial Statements.

 

56   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree MidCap Earnings Fund (EZM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Personal Products – 0.5%      

Coty, Inc. Class A(a)

     87,154       $ 2,425,496   

Nu Skin Enterprises, Inc. Class A(a)

     27,603         1,055,815   
     

 

 

 
Total Personal Products               3,481,311   
Pharmaceuticals – 0.4%      

Akorn, Inc.*

     5,508         129,603   

Catalent, Inc.*

     63,819         1,702,053   

Impax Laboratories, Inc.*

     4,747         151,999   

Pacira Pharmaceuticals, Inc.*(a)

     1,030         54,569   

Prestige Brands Holdings, Inc.*

     13,989         746,873   
     

 

 

 
Total Pharmaceuticals               2,785,097   
Professional Services – 0.5%      

CEB, Inc.

     11,306         731,838   

Dun & Bradstreet Corp. (The)

     15,199         1,566,713   

Korn/Ferry International

     18,722         529,645   

On Assignment, Inc.*

     11,813         436,136   
     

 

 

 
Total Professional Services               3,264,332   
Real Estate Investment Trusts (REITs) – 6.6%      

Acadia Realty Trust

     11,399         400,447   

Alexander’s, Inc.

     1,015         386,258   

American Assets Trust, Inc.

     5,203         207,704   

American Campus Communities, Inc.

     16,589         781,176   

Apartment Investment & Management Co. Class A

     30,982         1,295,667   

Apple Hospitality REIT, Inc.(a)

     45,652         904,366   

Brandywine Realty Trust

     9,151         128,389   

CBL & Associates Properties, Inc.

     68,982         820,886   

Columbia Property Trust, Inc.

     21,869         480,899   

Communications Sales & Leasing, Inc.

     7,614         169,412   

CoreSite Realty Corp.

     2,031         142,190   

Corporate Office Properties Trust

     28,564         749,519   

Corrections Corp. of America

     46,036         1,475,454   

Cousins Properties, Inc.

     57,895         600,950   

CubeSmart

     7,445         247,919   

DCT Industrial Trust, Inc.

     13,188         520,530   

DiamondRock Hospitality Co.

     66,775         675,763   

Douglas Emmett, Inc.

     10,068         303,147   

DuPont Fabros Technology, Inc.

     13,076         529,970   

EastGroup Properties, Inc.

     4,910         296,417   

Education Realty Trust, Inc.

     4,055         168,688   

Empire State Realty Trust, Inc. Class A

     8,916         156,297   

EPR Properties

     17,409         1,159,788   

Equity LifeStyle Properties, Inc.

     11,218         815,885   

Equity One, Inc.

     12,369         354,496   

First Industrial Realty Trust, Inc.

     9,266         210,709   

Gaming and Leisure Properties, Inc.

     29,220         903,482   

Geo Group, Inc. (The)

     26,540         920,142   

Gramercy Property Trust

     9,891         83,579   

Healthcare Realty Trust, Inc.

     9,770         301,795   

Healthcare Trust of America, Inc. Class A

     9,040         265,957   

Highwoods Properties, Inc.

     12,966         619,904   

Hospitality Properties Trust

     47,129         1,251,746   

Iron Mountain, Inc.

     27,471         931,542   

Kilroy Realty Corp.

     18,264         1,129,994   

Kite Realty Group Trust

     3,064       $ 84,903   

Lamar Advertising Co. Class A

     38,121         2,344,442   

LaSalle Hotel Properties

     26,210         663,375   

Lexington Realty Trust(a)

     51,301         441,189   

Liberty Property Trust

     42,409         1,419,005   

Medical Properties Trust, Inc.

     47,326         614,291   

National Health Investors, Inc.

     11,373         756,532   

National Retail Properties, Inc.

     25,637         1,184,429   

Omega Healthcare Investors, Inc.

     37,663         1,329,504   

Outfront Media, Inc.

     19,005         401,006   

Paramount Group, Inc.

     13,164         209,966   

Parkway Properties, Inc.

     36,804         576,351   

Pebblebrook Hotel Trust

     12,315         357,997   

Piedmont Office Realty Trust, Inc. Class A

     17,217         349,677   

Post Properties, Inc.

     7,376         440,642   

PS Business Parks, Inc.

     8,845         889,011   

QTS Realty Trust, Inc. Class A

     2,560         121,293   

Rayonier, Inc.

     12,721         313,954   

Regency Centers Corp.

     15,738         1,177,989   

Retail Opportunity Investments Corp.

     6,328         127,319   

Retail Properties of America, Inc. Class A

     53,251         844,028   

RLJ Lodging Trust

     44,161         1,010,404   

Ryman Hospitality Properties, Inc.

     14,841         764,015   

Select Income REIT

     26,507         610,986   

Senior Housing Properties Trust

     65,854         1,178,128   

Sovran Self Storage, Inc.

     6,089         718,198   

Spirit Realty Capital, Inc.

     77,097         867,341   

STORE Capital Corp.

     19,015         492,108   

Sun Communities, Inc.

     2,718         194,636   

Sunstone Hotel Investors, Inc.

     41,392         579,488   

Tanger Factory Outlet Centers, Inc.

     18,610         677,218   

Urban Edge Properties

     9,438         243,878   

Washington Real Estate Investment Trust

     5,823         170,090   

Weingarten Realty Investors

     33,569         1,259,509   

WP GLIMCHER, Inc.

     16,478         156,376   

Xenia Hotels & Resorts, Inc.

     7,172         112,027   
     

 

 

 
Total Real Estate Investment Trusts (REITs)               44,072,372   
Real Estate Management & Development – 0.3%      

Alexander & Baldwin, Inc.

     7,618         279,428   

Howard Hughes Corp. (The)*

     6,589         697,709   

Kennedy-Wilson Holdings, Inc.

     2,494         54,619   

Realogy Holdings Corp.*

     28,281         1,021,227   
     

 

 

 
Total Real Estate Management & Development               2,052,983   
Road & Rail – 1.6%      

Avis Budget Group, Inc.*

     61,546         1,683,899   

Genesee & Wyoming, Inc. Class A*

     30,298         1,899,685   

Knight Transportation, Inc.

     33,257         869,670   

Landstar System, Inc.

     17,660         1,141,013   

Old Dominion Freight Line, Inc.*

     34,978         2,435,168   

Ryder System, Inc.

     28,640         1,855,299   

Werner Enterprises, Inc.

     30,525         829,059   
     

 

 

 
Total Road & Rail               10,713,793   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      57   


Table of Contents

Schedule of Investments (continued)

WisdomTree MidCap Earnings Fund (EZM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Semiconductors & Semiconductor Equipment – 2.0%   

Atmel Corp.

     10,348       $ 84,026   

Cirrus Logic, Inc.*

     21,613         786,929   

Entegris, Inc.*

     38,831         528,878   

First Solar, Inc.*

     71,321         4,883,349   

Integrated Device Technology, Inc.*

     38,219         781,196   

Intersil Corp. Class A

     29,076         388,746   

Microsemi Corp.*

     17,103         655,216   

MKS Instruments, Inc.

     24,787         933,231   

Monolithic Power Systems, Inc.

     3,497         222,549   

ON Semiconductor Corp.*

     105,616         1,012,857   

Silicon Laboratories, Inc.*

     4,653         209,199   

SunPower Corp.*(a)

     23,965         535,378   

Synaptics, Inc.*

     8,612         686,721   

Teradyne, Inc.

     74,057         1,598,891   
     

 

 

 
Total Semiconductors & Semiconductor Equipment         13,307,166   
Software – 0.9%      

ACI Worldwide, Inc.*

     22,574         469,313   

Aspen Technology, Inc.*

     22,642         818,055   

Blackbaud, Inc.

     2,738         172,193   

Ellie Mae, Inc.*

     2,486         225,331   

Fair Isaac Corp.

     6,598         699,982   

Fortinet, Inc.*

     4,175         127,880   

Guidewire Software, Inc.*

     1,298         70,715   

Manhattan Associates, Inc.*

     9,448         537,308   

Mentor Graphics Corp.

     61,130         1,242,773   

Paycom Software, Inc.*

     3,099         110,324   

Pegasystems, Inc.

     7,844         199,081   

PTC, Inc.*

     15,238         505,292   

Synchronoss Technologies, Inc.*

     8,662         280,129   

Tyler Technologies, Inc.*

     2,805         360,751   

Ultimate Software Group, Inc. (The)*

     953         184,406   

Verint Systems, Inc.*

     949         31,678   
     

 

 

 
Total Software               6,035,211   
Specialty Retail – 4.7%      

Aaron’s, Inc.

     41,047         1,030,280   

Abercrombie & Fitch Co. Class A

     1,376         43,399   

American Eagle Outfitters, Inc.(a)

     61,682         1,028,239   

Asbury Automotive Group, Inc.*

     13,943         834,349   

Ascena Retail Group, Inc.*

     39,472         436,560   

Burlington Stores, Inc.*

     15,363         864,015   

Cabela’s, Inc.*

     27,170         1,322,907   

CST Brands, Inc.

     37,819         1,448,090   

Dick’s Sporting Goods, Inc.

     67,259         3,144,358   

DSW, Inc. Class A

     47,954         1,325,449   

GameStop Corp. Class A

     93,774         2,975,449   

GNC Holdings, Inc. Class A

     50,805         1,613,059   

Group 1 Automotive, Inc.

     14,037         823,832   

Lithia Motors, Inc. Class A

     10,445         912,162   

Mattress Firm Holding Corp.*(a)

     6,892         292,152   

Michaels Cos., Inc. (The)*

     98,789         2,763,128   

Monro Muffler Brake, Inc.

     6,554         468,414   

Murphy USA, Inc.*

     22,026         1,353,498   

Penske Automotive Group, Inc.

     50,918       $ 1,929,792   

Restoration Hardware Holdings, Inc.*(a)

     8,135         340,856   

Sally Beauty Holdings, Inc.*

     59,704         1,933,216   

Urban Outfitters, Inc.*

     70,180         2,322,256   

Williams-Sonoma, Inc.

     34,430         1,884,698   
     

 

 

 
Total Specialty Retail               31,090,158   
Technology Hardware, Storage & Peripherals – 0.1%   

Diebold, Inc.

     18,060         522,115   

Electronics For Imaging, Inc.*

     5,036         213,476   
     

 

 

 
Total Technology Hardware, Storage & Peripherals         735,591   
Textiles, Apparel & Luxury Goods – 1.7%      

Carter’s, Inc.

     18,001         1,896,946   

Columbia Sportswear Co.

     25,599         1,538,244   

Fossil Group, Inc.*(a)

     55,558         2,467,886   

G-III Apparel Group Ltd.*

     17,080         835,041   

Kate Spade & Co.*

     32,944         840,731   

Skechers U.S.A., Inc. Class A*

     52,381         1,595,002   

Steven Madden Ltd.*

     24,957         924,407   

Wolverine World Wide, Inc.

     49,315         908,382   
     

 

 

 
Total Textiles, Apparel & Luxury Goods               11,006,639   
Thrifts & Mortgage Finance – 1.9%      

Capitol Federal Financial, Inc.

     35,274         467,733   

EverBank Financial Corp.

     38,538         581,539   

MGIC Investment Corp.*

     682,930         5,238,073   

Radian Group, Inc.

     428,609         5,314,752   

TFS Financial Corp.

     22,120         384,224   

Washington Federal, Inc.

     36,809         833,724   
     

 

 

 
Total Thrifts & Mortgage Finance               12,820,045   
Tobacco – 0.0%      

Vector Group Ltd.(a)

     14,416         329,261   
Trading Companies & Distributors – 1.7%      

Air Lease Corp.

     62,407         2,004,513   

Beacon Roofing Supply, Inc.*

     9,560         392,056   

GATX Corp.

     24,537         1,165,508   

HD Supply Holdings, Inc.*

     66,164         2,188,043   

MSC Industrial Direct Co., Inc. Class A

     26,871         2,050,526   

Watsco, Inc.

     8,864         1,194,335   

WESCO International, Inc.*

     38,412         2,099,984   
     

 

 

 
Total Trading Companies & Distributors               11,094,965   
Water Utilities – 0.2%      

Aqua America, Inc.

     52,337         1,665,363   
Wireless Telecommunication Services – 0.1%      

Telephone & Data Systems, Inc.

     7,976         239,998   

United States Cellular Corp.*

     9,491         433,643   
     

 

 

 
Total Wireless Telecommunication Services               673,641   

TOTAL COMMON STOCKS

(Cost: $634,910,978)

              661,078,654   

 

See Notes to Financial Statements.

 

58   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (concluded)

WisdomTree MidCap Earnings Fund (EZM)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
EXCHANGE-TRADED FUND – 0.2%      
United States – 0.2%      
WisdomTree MidCap Dividend Fund(b)
(Cost: $1,132,390)
     13,824       $ 1,190,385   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 4.8%   
United States – 4.8%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

(Cost: $32,026,035)(d)

     32,026,035         32,026,035   

TOTAL INVESTMENTS IN SECURITIES – 104.7%

(Cost: $668,069,403)

  

  

     694,295,074   

Liabilities in Excess of Cash and Other Assets – (4.7)%

  

     (31,350,743
     

 

 

 
NET ASSETS – 100.0%             $ 662,944,331   
* 

Non-income producing security.

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

(b) 

Affiliated company (See Note 3).

(c) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

(d) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $33,834,243 and the total market value of the collateral held by the Fund was $34,608,774. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $2,582,739.

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      59   


Table of Contents

Schedule of Investments

WisdomTree SmallCap Dividend Fund (DES)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.1%      
United States – 99.1%      
Aerospace & Defense – 0.4%      

AAR Corp.

     40,707       $ 947,252   

American Science & Engineering, Inc.

     29,034         803,952   

Cubic Corp.

     13,463         537,982   

HEICO Corp.

     6,655         400,165   

HEICO Corp. Class A

     11,119         529,264   

National Presto Industries, Inc.(a)

     7,311         612,223   

Triumph Group, Inc.

     18,659         587,385   
     

 

 

 
Total Aerospace & Defense               4,418,223   
Air Freight & Logistics – 0.2%      

Forward Air Corp.

     29,165         1,321,758   

Park-Ohio Holdings Corp.

     15,009         642,685   
     

 

 

 
Total Air Freight & Logistics               1,964,443   
Airlines – 0.1%      

SkyWest, Inc.

     36,169         723,018   
Auto Components – 0.9%      

Cooper Tire & Rubber Co.

     51,927         1,922,338   

Dana Holding Corp.

     219,643         3,094,770   

Metaldyne Performance Group, Inc.

     107,430         1,805,898   

Spartan Motors, Inc.

     78,661         310,711   

Standard Motor Products, Inc.

     29,278         1,014,483   

Strattec Security Corp.

     2,601         149,271   

Superior Industries International, Inc.

     88,492         1,953,903   

Tower International, Inc.

     25,212         685,766   

Unique Fabricating, Inc.

     34,279         423,346   
     

 

 

 
Total Auto Components               11,360,486   
Automobiles – 0.1%      

Winnebago Industries, Inc.(a)

     43,216         970,199   
Banks – 6.0%      

1st Source Corp.

     19,280         613,875   

Access National Corp.

     9,443         187,255   

American National Bankshares, Inc.

     11,004         278,731   

Ameris Bancorp

     5,917         175,025   

Arrow Financial Corp.(a)

     14,778         392,651   

Banc of California, Inc.

     40,510         708,925   

BancFirst Corp.

     12,208         696,222   

BancorpSouth, Inc.

     48,723         1,038,287   

Banner Corp.

     16,472         692,483   

Bar Harbor Bankshares(a)

     6,378         211,877   

BBCN Bancorp, Inc.

     64,737         983,355   

BCB Bancorp, Inc.

     17,571         175,886   

Berkshire Hills Bancorp, Inc.

     25,589         688,088   

Blue Hills Bancorp, Inc.

     4,319         59,041   

Boston Private Financial Holdings, Inc.

     85,784         982,227   

Bridge Bancorp, Inc.

     16,994         517,807   

Brookline Bancorp, Inc.

     69,911         769,720   

Bryn Mawr Bank Corp.

     14,900         383,377   

C&F Financial Corp.

     3,457         132,057   

Camden National Corp.

     8,538         358,596   

Capital Bank Financial Corp. Class A

     10,491         323,647   

Capital City Bank Group, Inc.(a)

     5,470       79,807   

Cardinal Financial Corp.

     19,947         405,921   

Centerstate Banks, Inc.

     8,520         126,863   

Central Pacific Financial Corp.

     27,637         601,658   

Century Bancorp, Inc. Class A(a)

     1,210         47,081   

Chemical Financial Corp.

     36,415         1,299,651   

City Holding Co.

     17,573         839,638   

CNB Financial Corp.

     18,587         326,945   

CoBiz Financial, Inc.

     17,328         204,817   

Columbia Banking System, Inc.

     41,406         1,238,868   

Community Bank System, Inc.

     40,607         1,551,593   

Community Trust Bancorp, Inc.

     20,310         717,349   

ConnectOne Bancorp, Inc.

     15,161         247,882   

CVB Financial Corp.

     96,791         1,689,003   

Enterprise Bancorp, Inc.

     7,477         196,197   

Enterprise Financial Services Corp.

     7,006         189,442   

Fidelity Southern Corp.

     12,826         205,729   

Financial Institutions, Inc.

     13,422         390,178   

First Bancorp

     10,374         195,550   

First Bancorp, Inc.

     14,296         278,915   

First Busey Corp.

     29,240         598,835   

First Business Financial Services, Inc.

     5,467         125,358   

First Commonwealth Financial Corp.

     87,349         773,912   

First Community Bancshares, Inc.

     16,533         328,015   

First Connecticut Bancorp, Inc.

     7,841         125,142   

First Financial Bancorp

     67,743         1,231,568   

First Financial Bankshares, Inc.(a)

     42,771         1,265,166   

First Financial Corp.

     11,782         403,062   

First Guaranty Bancshares, Inc.

     6,834         105,927   

First Interstate BancSystem, Inc. Class A

     19,063         536,242   

First Merchants Corp.

     20,242         477,104   

First Midwest Bancorp, Inc.

     48,220         868,924   

Flushing Financial Corp.

     27,355         591,415   

FNB Corp.

     211,548         2,752,240   

Fulton Financial Corp.

     150,908         2,019,149   

German American Bancorp, Inc.

     8,369         269,482   

Glacier Bancorp, Inc.

     70,238         1,785,450   

Great Southern Bancorp, Inc.

     7,961         295,592   

Great Western Bancorp, Inc.

     32,675         891,047   

Guaranty Bancorp

     15,736         243,279   

Hancock Holding Co.

     92,321         2,119,690   

Hanmi Financial Corp.

     18,582         409,176   

Heartland Financial USA, Inc.

     7,724         237,822   

Heritage Commerce Corp.

     29,940         299,699   

Heritage Financial Corp.

     22,891         402,195   

Horizon Bancorp

     8,372         206,956   

Independent Bank Corp.

     32,972         1,065,163   

Independent Bank Group, Inc.

     4,979         136,425   

International Bancshares Corp.

     47,747         1,177,441   

Lakeland Bancorp, Inc.

     34,281         347,952   

Lakeland Financial Corp.

     10,839         496,209   

LegacyTexas Financial Group, Inc.

     33,352         655,367   

Macatawa Bank Corp.(a)

     17,886         111,788   

MainSource Financial Group, Inc.

     18,053         380,738   

 

See Notes to Financial Statements.

 

60   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree SmallCap Dividend Fund (DES)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Mercantile Bank Corp.

     12,152       $ 272,448   

Merchants Bancshares, Inc.(a)

     6,999         208,150   

MidSouth Bancorp, Inc.

     9,949         75,911   

MidWestOne Financial Group, Inc.(a)

     7,752         212,792   

MutualFirst Financial, Inc.

     4,712         118,742   

National Bank Holdings Corp. Class A

     8,912         181,716   

National Penn Bancshares, Inc.(a)

     161,223         1,715,413   

NBT Bancorp, Inc.

     43,665         1,176,772   

Northrim BanCorp, Inc.

     6,367         152,235   

Old National Bancorp

     126,960         1,547,642   

Opus Bank

     11,926         405,484   

Pacific Continental Corp.

     17,705         285,582   

Park National Corp.(a)

     19,551         1,759,590   

Park Sterling Corp.

     24,458         163,135   

Peapack Gladstone Financial Corp.(a)

     4,502         76,084   

Penns Woods Bancorp, Inc.(a)

     6,224         239,873   

Peoples Bancorp, Inc.

     18,177         355,179   

Peoples Financial Services Corp.

     7,437         276,656   

Pinnacle Financial Partners, Inc.

     12,036         590,486   

Preferred Bank

     5,861         177,295   

QCR Holdings, Inc.

     1,533         36,562   

Renasant Corp.

     24,777         815,411   

Republic Bancorp, Inc. Class A

     18,533         478,707   

S&T Bancorp, Inc.

     27,138         699,075   

Sandy Spring Bancorp, Inc.

     27,412         762,876   

ServisFirst Bancshares, Inc.

     4,108         182,395   

Shore Bancshares, Inc.

     2,850         34,143   

Sierra Bancorp

     9,744         176,854   

Simmons First National Corp. Class A

     16,678         751,677   

South State Corp.

     11,083         711,861   

Southern National Bancorp of Virginia, Inc.

     9,144         108,997   

Southside Bancshares, Inc.

     29,840         777,929   

Southwest Bancorp, Inc.

     8,560         128,828   

Sterling Bancorp

     70,711         1,126,426   

Stock Yards Bancorp, Inc.

     13,013         501,391   

Stonegate Bank

     3,106         93,056   

Suffolk Bancorp

     5,241         132,283   

Tompkins Financial Corp.

     13,643         873,152   

Towne Bank(a)

     36,580         701,970   

Trico Bancshares

     14,102         357,063   

Trustmark Corp.

     84,070         1,936,132   

Union Bankshares Corp.

     42,624         1,049,829   

United Community Banks, Inc.

     25,674         474,199   

Univest Corp. of Pennsylvania

     24,217         472,474   

Washington Trust Bancorp, Inc.

     18,949         707,177   

WesBanco, Inc.

     37,011         1,099,597   

West Bancorp, Inc.

     15,866         289,237   

Westamerica Bancorp(a)

     27,822         1,355,210   

Wilshire Bancorp, Inc.

     52,743         543,253   

Wintrust Financial Corp.

     13,792         611,537   

Yadkin Financial Corp.

     19,311         457,091   
     

 

 

 
Total Banks               73,373,326   
Beverages – 0.0%      

Coca-Cola Bottling Co. Consolidated

     3,232       516,344   

MGP Ingredients, Inc.

     3,713         90,003   
     

 

 

 
Total Beverages               606,347   
Biotechnology – 0.5%      

PDL BioPharma, Inc.

     1,750,417         5,828,889   
Building Products – 0.8%      

AAON, Inc.

     44,192         1,237,376   

Advanced Drainage Systems, Inc.(a)

     40,610         864,993   

Apogee Enterprises, Inc.

     23,565         1,034,268   

Griffon Corp.

     45,994         710,607   

Insteel Industries, Inc.(a)

     9,715         296,988   

Quanex Building Products Corp.

     26,288         456,360   

Simpson Manufacturing Co., Inc.

     76,586         2,923,288   

Universal Forest Products, Inc.

     20,014         1,717,601   
     

 

 

 
Total Building Products               9,241,481   
Capital Markets – 1.4%      

Arlington Asset Investment Corp. Class A(a)

     92,257         1,155,980   

Artisan Partners Asset Management, Inc. Class A

     86,458         2,666,365   

BGC Partners, Inc. Class A

     408,036         3,692,726   

Calamos Asset Management, Inc. Class A

     41,912         355,833   

Cohen & Steers, Inc.(a)

     47,826         1,861,388   

Evercore Partners, Inc. Class A

     28,701         1,485,277   

FBR & Co.

     8,538         154,452   

Financial Engines, Inc.

     12,885         404,976   

GAMCO Investors, Inc. Class A

     2,406         89,166   

Greenhill & Co., Inc.

     64,645         1,435,119   

Houlihan Lokey, Inc.

     9,650         240,285   

Investment Technology Group, Inc.

     16,326         360,805   

Manning & Napier, Inc.

     35,520         286,646   

Moelis & Co. Class A

     27,687         781,604   

Oppenheimer Holdings, Inc. Class A(a)

     11,375         179,497   

Pzena Investment Management, Inc. Class A

     6,666         50,328   

Silvercrest Asset Management Group, Inc. Class A

     9,086         115,756   

Virtu Financial, Inc. Class A

     48,314         1,068,222   

Virtus Investment Partners, Inc.

     3,798         296,662   

Westwood Holdings Group, Inc.

     12,147         712,422   
     

 

 

 
Total Capital Markets               17,393,509   
Chemicals – 2.7%      

A. Schulman, Inc.

     68,987         1,877,826   

Axiall Corp.

     242,805         5,302,861   

Balchem Corp.

     12,686         786,786   

Calgon Carbon Corp.

     52,147         731,101   

Chase Corp.

     12,404         652,326   

Chemours Co. (The)

     325,214         2,276,498   

FutureFuel Corp.

     66,446         783,398   

H.B. Fuller Co.

     61,802         2,623,495   

Hawkins, Inc.

     18,748         676,615   

Innophos Holdings, Inc.

     104,403         3,227,097   

Innospec, Inc.

     22,882         992,164   

KMG Chemicals, Inc.

     4,760         109,813   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      61   


Table of Contents

Schedule of Investments (continued)

WisdomTree SmallCap Dividend Fund (DES)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Kronos Worldwide, Inc.(a)

     1,072,892       $ 6,136,942   

Minerals Technologies, Inc.

     10,781         612,900   

Quaker Chemical Corp.

     18,591         1,577,632   

Rayonier Advanced Materials, Inc.(a)

     112,307         1,066,917   

Stepan Co.

     28,776         1,591,025   

Tredegar Corp.

     86,357         1,357,532   
     

 

 

 
Total Chemicals               32,382,928   
Commercial Services & Supplies – 5.8%      

ABM Industries, Inc.

     107,399         3,470,062   

Brady Corp. Class A

     132,555         3,557,776   

Brink’s Co. (The)

     55,589         1,867,235   

CECO Environmental Corp.

     108,784         675,549   

Covanta Holding Corp.

     792,567         13,362,680   

Ennis, Inc.

     79,092         1,546,249   

Essendant, Inc.

     54,709         1,746,858   

G&K Services, Inc. Class A

     40,513         2,967,577   

Herman Miller, Inc.

     101,468         3,134,347   

HNI Corp.

     105,722         4,141,131   

Interface, Inc.

     59,234         1,098,198   

Kimball International, Inc. Class B

     67,490         766,011   

Knoll, Inc.

     99,411         2,152,248   

Matthews International Corp. Class A

     30,194         1,554,085   

McGrath RentCorp

     79,454         1,992,706   

Mobile Mini, Inc.

     91,276         3,013,934   

MSA Safety, Inc.

     94,647         4,576,182   

Multi-Color Corp.

     4,387         234,046   

Quad/Graphics, Inc.(a)

     391,737         5,069,077   

Steelcase, Inc. Class A

     186,993         2,789,936   

Tetra Tech, Inc.

     60,440         1,802,321   

U.S. Ecology, Inc.

     35,644         1,574,039   

UniFirst Corp.

     1,982         216,276   

Viad Corp.

     22,183         646,856   

VSE Corp.

     3,271         222,068   

West Corp.

     277,506         6,332,687   
     

 

 

 
Total Commercial Services & Supplies               70,510,134   
Communications Equipment – 0.8%      

ADTRAN, Inc.

     92,426         1,868,854   

Alliance Fiber Optic Products, Inc.*

     14,740         218,004   

Bel Fuse, Inc. Class B

     13,033         190,282   

Black Box Corp.

     59,383         799,889   

Comtech Telecommunications Corp.

     83,456         1,950,367   

InterDigital, Inc.

     48,798         2,715,609   

Plantronics, Inc.

     35,478         1,390,383   

TESSCO Technologies, Inc.

     27,430         456,709   
     

 

 

 
Total Communications Equipment               9,590,097   
Construction & Engineering – 0.4%      

Argan, Inc.

     27,459         965,458   

Comfort Systems USA, Inc.

     26,147         830,690   

Granite Construction, Inc.

     42,691         2,040,630   

Primoris Services Corp.(a)

     44,363         1,078,021   
     

 

 

 
Total Construction & Engineering               4,914,799   
Construction Materials – 0.0%      

United States Lime & Minerals, Inc.(a)

     4,194       251,682   
Consumer Finance – 0.1%      

Cash America International, Inc.(a)

     5,060         195,519   

Nelnet, Inc. Class A

     15,898         625,904   
     

 

 

 
Total Consumer Finance               821,423   
Containers & Packaging – 0.4%      

Greif, Inc. Class A

     106,554         3,489,643   

Myers Industries, Inc.

     97,179         1,249,722   
     

 

 

 
Total Containers & Packaging               4,739,365   
Distributors – 0.2%      

Core-Mark Holding Co., Inc.

     14,495         1,182,212   

Weyco Group, Inc.(a)

     27,478         731,465   
     

 

 

 
Total Distributors               1,913,677   
Diversified Consumer Services – 0.4%      

Capella Education Co.(a)

     30,601         1,610,837   

Carriage Services, Inc.

     6,696         144,700   

Collectors Universe, Inc.

     68,840         1,142,744   

DeVry Education Group, Inc.(a)

     82,018         1,416,451   

Liberty Tax, Inc.(a)

     30,201         591,638   

Universal Technical Institute, Inc.

     39,400         169,814   
     

 

 

 
Total Diversified Consumer Services               5,076,184   
Diversified Financial Services – 0.1%      

A-Mark Precious Metals, Inc.

     2,501         49,770   

Gain Capital Holdings, Inc.

     42,968         281,870   

Marlin Business Services Corp.

     14,527         207,881   

Resource America, Inc. Class A(a)

     35,539         205,060   
     

 

 

 
Total Diversified Financial Services               744,581   
Diversified Telecommunication Services –2.1%      

Atlantic Tele-Network, Inc.

     22,594         1,713,303   

Cogent Communications Holdings, Inc.

     163,964         6,399,515   

Consolidated Communications Holdings, Inc.

     319,428         8,228,465   

IDT Corp. Class B

     119,310         1,860,043   

Inteliquent, Inc.

     94,578         1,517,977   

Windstream Holdings, Inc.(a)

     847,700         6,510,336   
     

 

 

 
Total Diversified Telecommunication Services               26,229,639   
Electric Utilities – 2.9%      

ALLETE, Inc.

     172,218         9,656,263   

El Paso Electric Co.

     112,330         5,153,700   

Empire District Electric Co. (The)(a)

     156,984         5,188,321   

MGE Energy, Inc.

     80,800         4,221,800   

Otter Tail Corp.(a)

     154,743         4,583,488   

PNM Resources, Inc.

     189,972         6,405,856   
     

 

 

 
Total Electric Utilities               35,209,428   
Electrical Equipment – 0.8%      

Allied Motion Technologies, Inc.

     3,827         68,886   

AZZ, Inc.

     23,822         1,348,325   

Encore Wire Corp.

     3,497         136,138   

Franklin Electric Co., Inc.

     52,471         1,687,992   

General Cable Corp.

     247,262         3,019,069   

 

See Notes to Financial Statements.

 

62   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree SmallCap Dividend Fund (DES)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Hubbell, Inc.

     12,632       $ 1,338,108   

LSI Industries, Inc.

     31,367         368,562   

Powell Industries, Inc.

     39,109         1,165,840   

Preformed Line Products Co.(a)

     8,148         297,565   
     

 

 

 
Total Electrical Equipment               9,430,485   
Electronic Equipment, Instruments & Components – 1.9%      

AVX Corp.

     483,005         6,071,373   

Badger Meter, Inc.

     16,997         1,130,471   

CTS Corp.

     25,842         406,753   

Daktronics, Inc.

     167,005         1,319,340   

Dolby Laboratories, Inc. Class A

     63,961         2,779,745   

Electro Rent Corp.

     105,040         972,670   

Electro Scientific Industries, Inc.*

     162,258         1,160,145   

Littelfuse, Inc.

     20,439         2,516,245   

Mesa Laboratories, Inc.(a)

     1,776         171,118   

Methode Electronics, Inc.

     37,099         1,084,775   

MTS Systems Corp.

     25,137         1,529,586   

Park Electrochemical Corp.

     43,444         695,538   

Vishay Intertechnology, Inc.(a)

     237,667         2,901,914   
     

 

 

 
Total Electronic Equipment, Instruments & Components         22,739,673   
Energy Equipment & Services – 1.5%      

Archrock, Inc.

     465,517         3,724,136   

Bristow Group, Inc.

     157,581         2,981,432   

Gulf Island Fabrication, Inc.

     54,633         428,869   

Patterson-UTI Energy, Inc.

     336,429         5,927,879   

Superior Energy Services, Inc.

     302,871         4,055,443   

U.S. Silica Holdings, Inc.(a)

     57,871         1,314,829   
     

 

 

 
Total Energy Equipment & Services               18,432,588   
Food & Staples Retailing – 0.7%      

Andersons, Inc. (The)

     46,282         1,453,718   

Ingles Markets, Inc. Class A

     16,339         612,713   

SpartanNash Co.

     78,069         2,366,271   

Village Super Market, Inc. Class A

     32,665         789,186   

Weis Markets, Inc.

     66,445         2,994,012   
     

 

 

 
Total Food & Staples Retailing               8,215,900   
Food Products – 2.7%      

Alico, Inc.

     3,972         109,667   

B&G Foods, Inc.

     199,722         6,952,323   

Cal-Maine Foods, Inc.(a)

     313,123         16,254,215   

Calavo Growers, Inc.

     22,749         1,298,058   

Dean Foods Co.

     126,315         2,187,776   

J&J Snack Foods Corp.

     20,037         2,169,606   

Limoneira Co.(a)

     13,345         202,844   

Sanderson Farms, Inc.(a)

     22,415         2,021,384   

Tootsie Roll Industries, Inc.(a)

     38,505         1,345,375   
     

 

 

 
Total Food Products               32,541,248   
Gas Utilities – 2.5%      

Chesapeake Utilities Corp.

     28,835         1,815,740   

Laclede Group, Inc. (The)

     129,258         8,757,230   

Northwest Natural Gas Co.

     90,664         4,882,256   

ONE Gas, Inc.

     113,370       6,926,907   

South Jersey Industries, Inc.

     290,261         8,257,925   
     

 

 

 
Total Gas Utilities               30,640,058   
Health Care Equipment & Supplies – 0.6%      

Abaxis, Inc.

     16,606         753,746   

Analogic Corp.

     4,949         391,021   

Atrion Corp.

     1,436         567,737   

CONMED Corp.

     45,846         1,922,781   

CryoLife, Inc.

     27,384         294,378   

Invacare Corp.(a)

     7,095         93,441   

LeMaitre Vascular, Inc.(a)

     15,035         233,343   

Meridian Bioscience, Inc.

     143,898         2,965,738   

Utah Medical Products, Inc.

     6,161         385,309   
     

 

 

 
Total Health Care Equipment & Supplies               7,607,494   
Health Care Providers & Services – 1.2%      

Aceto Corp.

     23,632         556,770   

Digirad Corp.

     56,754         281,500   

Ensign Group, Inc. (The)

     26,858         608,065   

Kindred Healthcare, Inc.

     271,030         3,347,221   

Landauer, Inc.

     23,908         790,638   

National Healthcare Corp.(a)

     31,553         1,965,752   

National Research Corp. Class A(a)

     24,888         387,008   

Owens & Minor, Inc.

     151,612         6,128,157   

U.S. Physical Therapy, Inc.

     12,702         631,670   
     

 

 

 
Total Health Care Providers & Services               14,696,781   
Health Care Technology – 0.2%      

Computer Programs & Systems, Inc.(a)

     53,733         2,800,564   
Hotels, Restaurants & Leisure – 3.7%      

Bloomin’ Brands, Inc.

     147,903         2,495,124   

Bob Evans Farms, Inc.

     63,950         2,985,826   

Cheesecake Factory, Inc. (The)

     72,374         3,842,336   

ClubCorp Holdings, Inc.

     164,501         2,309,594   

DineEquity, Inc.

     68,843         6,432,001   

International Speedway Corp. Class A

     16,788         619,645   

Interval Leisure Group, Inc.(a)

     148,991         2,151,430   

Marcus Corp. (The)

     35,824         678,865   

Marriott Vacations Worldwide Corp.

     43,916         2,964,330   

Papa John’s International, Inc.

     40,771         2,209,380   

Peak Resorts, Inc.(a)

     67,604         229,854   

Ruth’s Hospitality Group, Inc.

     43,733         805,125   

SeaWorld Entertainment, Inc.(a)

     359,522         7,571,533   

Sonic Corp.

     61,609         2,166,172   

Speedway Motorsports, Inc.

     104,874         2,079,651   

Texas Roadhouse, Inc.

     117,594         5,124,747   
     

 

 

 
Total Hotels, Restaurants & Leisure               44,665,613   
Household Durables – 1.0%      

Bassett Furniture Industries, Inc.

     13,009         414,467   

CSS Industries, Inc.

     20,275         566,281   

Ethan Allen Interiors, Inc.

     50,947         1,621,133   

Flexsteel Industries, Inc.

     10,673         466,197   

Hooker Furniture Corp.(a)

     15,230         500,305   

KB Home(a)

     61,449         877,492   

La-Z-Boy, Inc.

     68,680         1,836,503   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      63   


Table of Contents

Schedule of Investments (continued)

WisdomTree SmallCap Dividend Fund (DES)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Lennar Corp. Class B

     11,247       $ 435,371   

Libbey, Inc.

     35,171         654,180   

Lifetime Brands, Inc.

     15,087         227,361   

MDC Holdings, Inc.

     166,577         4,174,420   

NACCO Industries, Inc. Class A

     11,365         652,465   
     

 

 

 
Total Household Durables               12,426,175   
Household Products – 0.8%      

Energizer Holdings, Inc.

     155,317         6,291,892   

Oil-Dri Corp. of America

     10,676         360,635   

Orchids Paper Products Co.(a)

     43,571         1,198,638   

WD-40 Co.

     19,006         2,052,838   
     

 

 

 
Total Household Products               9,904,003   
Independent Power & Renewable Electricity
Producers – 1.8%
      

NRG Yield, Inc. Class A(a)

     213,783         2,901,035   

NRG Yield, Inc. Class C(a)

     371,673         5,292,624   

Ormat Technologies, Inc.

     29,500         1,216,580   

Pattern Energy Group, Inc.(a)

     496,084         9,460,322   

TerraForm Global, Inc. Class A*(a)

     1,061,803         2,527,091   
     

 

 

 
Total Independent Power & Renewable Electricity Producers               21,397,652   
Industrial Conglomerates – 0.1%      

Raven Industries, Inc.

     101,161         1,620,599   
Insurance – 1.2%      

American Equity Investment Life Holding Co.

     22,815         383,292   

AMERISAFE, Inc.

     7,533         395,784   

Baldwin & Lyons, Inc. Class B

     15,878         390,758   

Crawford & Co. Class A

     50,045         301,271   

Crawford & Co. Class B(a)

     22,135         143,435   

Donegal Group, Inc. Class A

     27,378         393,696   

EMC Insurance Group, Inc.

     20,003         513,077   

Employers Holdings, Inc.

     8,876         249,771   

FBL Financial Group, Inc. Class A

     19,840         1,220,557   

Federated National Holding Co.

     3,548         69,754   

Fidelity & Guaranty Life

     19,207         503,992   

HCI Group, Inc.

     11,631         387,312   

Horace Mann Educators Corp.

     38,605         1,223,392   

Independence Holding Co.(a)

     4,385         69,809   

Infinity Property & Casualty Corp.

     7,497         603,508   

Investors Title Co.

     431         39,251   

Kemper Corp.

     39,198         1,159,085   

National General Holdings Corp.

     18,151         391,880   

National Interstate Corp.

     12,094         361,852   

National Western Life Group, Inc. Class A(a)

     147         33,903   

Primerica, Inc.(a)

     19,846         883,742   

Safety Insurance Group, Inc.

     25,147         1,434,888   

Selective Insurance Group, Inc.

     32,602         1,193,559   

State Auto Financial Corp.

     24,314         536,367   

State National Cos., Inc.(a)

     35,358         445,511   

Stewart Information Services Corp.

     2,363         85,730   

United Fire Group, Inc.

     18,387         805,718   

Universal Insurance Holdings, Inc.(a)

     23,523         418,709   
     

 

 

 
Total Insurance               14,639,603   
Internet & Catalog Retail – 0.2%      

Nutrisystem, Inc.

     81,060       1,691,722   

PetMed Express, Inc.(a)

     74,443         1,333,274   
     

 

 

 
Total Internet & Catalog Retail               3,024,996   
Internet Software & Services – 0.2%      

EarthLink Holdings Corp.

     243,397         1,380,061   

Marchex, Inc. Class B

     58,505         260,347   

Reis, Inc.

     22,321         525,660   
     

 

 

 
Total Internet Software & Services               2,166,068   
IT Services – 1.4%      

Cass Information Systems, Inc.

     17,073         893,771   

Computer Task Group, Inc.

     61,326         313,376   

Convergys Corp.

     108,262         3,006,436   

CSG Systems International, Inc.

     56,744         2,562,559   

Forrester Research, Inc.

     34,566         1,161,763   

Hackett Group, Inc. (The)

     28,831         435,925   

ManTech International Corp. Class A

     55,386         1,771,798   

Science Applications International Corp.

     103,165         5,502,821   

TeleTech Holdings, Inc.

     53,193         1,476,638   
     

 

 

 
Total IT Services               17,125,087   
Leisure Products – 0.2%      

Callaway Golf Co.

     30,111         274,612   

Escalade, Inc.(a)

     39,864         469,199   

Johnson Outdoors, Inc. Class A

     10,769         239,287   

Sturm Ruger & Co., Inc.(a)

     26,799         1,832,516   
     

 

 

 
Total Leisure Products               2,815,614   
Machinery – 4.6%      

Actuant Corp. Class A

     9,625         237,834   

Alamo Group, Inc.

     5,770         321,447   

Albany International Corp. Class A

     45,050         1,693,430   

Altra Industrial Motion Corp.

     50,744         1,409,668   

American Railcar Industries, Inc.(a)

     55,616         2,265,240   

Astec Industries, Inc.

     19,869         927,286   

Barnes Group, Inc.

     63,054         2,208,782   

Briggs & Stratton Corp.

     112,271         2,685,522   

CIRCOR International, Inc.

     4,507         209,080   

Columbus McKinnon Corp.

     13,816         217,740   

Douglas Dynamics, Inc.

     76,050         1,742,306   

Dynamic Materials Corp.(a)

     27,367         177,338   

Eastern Co. (The)

     13,240         217,401   

EnPro Industries, Inc.

     32,802         1,892,019   

ESCO Technologies, Inc.

     18,630         726,197   

Federal Signal Corp.

     94,691         1,255,603   

FreightCar America, Inc.

     17,249         268,739   

Global Brass & Copper Holdings, Inc.

     12,394         309,230   

Gorman-Rupp Co. (The)(a)

     33,658         872,752   

Graham Corp.

     15,492         308,446   

Greenbrier Cos., Inc. (The)(a)

     66,622         1,841,432   

Hardinge, Inc.

     11,328         141,260   

Hillenbrand, Inc.

     147,608         4,420,860   

Hurco Cos., Inc.

     6,692         220,769   

Hyster-Yale Materials Handling, Inc.

     22,974         1,530,068   

 

See Notes to Financial Statements.

 

64   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree SmallCap Dividend Fund (DES)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

John Bean Technologies Corp.

     18,908       $ 1,066,600   

Joy Global, Inc.(a)

     560,187         9,002,205   

Kadant, Inc.

     15,457         698,038   

Kennametal, Inc.(a)

     211,268         4,751,417   

L.B. Foster Co. Class A

     12,093         219,609   

Lindsay Corp.(a)

     16,001         1,145,832   

Manitowoc Co., Inc. (The)(a)

     62,200         269,326   

Miller Industries, Inc.

     29,435         596,942   

Mueller Industries, Inc.

     52,626         1,548,257   

Mueller Water Products, Inc. Class A

     126,400         1,248,832   

NN, Inc.(a)

     40,417         552,905   

Standex International Corp.

     7,472         581,396   

Sun Hydraulics Corp.

     25,958         861,546   

Supreme Industries, Inc. Class A

     19,413         171,611   

Tennant Co.

     20,927         1,077,322   

Terex Corp.

     116,321         2,894,066   

Titan International, Inc.(a)

     21,829         117,440   

Watts Water Technologies, Inc. Class A

     30,364         1,673,967   
     

 

 

 
Total Machinery               56,577,760   
Marine – 0.2%      

Matson, Inc.

     60,251         2,420,283   
Media – 4.9%      

A.H. Belo Corp. Class A

     96,436         463,857   

AMC Entertainment Holdings, Inc. Class A

     63,231         1,769,836   

Entravision Communications Corp. Class A

     68,237         507,683   

Gannett Co., Inc.(a)

     365,933         5,540,226   

Harte-Hanks, Inc.

     532,779         1,347,931   

John Wiley & Sons, Inc. Class A

     110,289         5,392,029   

Journal Media Group, Inc.

     41,592         497,440   

Meredith Corp.

     130,741         6,210,197   

National CineMedia, Inc.

     303,346         4,613,893   

New Media Investment Group, Inc.

     266,905         4,441,299   

New York Times Co. (The) Class A

     165,711         2,064,759   

Nexstar Broadcasting Group, Inc. Class A(a)

     35,069         1,552,505   

Regal Entertainment Group Class A(a)

     539,122         11,397,039   

Saga Communications, Inc. Class A(a)

     9,178         367,671   

Salem Media Group, Inc. Class A

     60,576         348,918   

Scholastic Corp.

     39,982         1,494,127   

Sinclair Broadcast Group, Inc. Class A

     120,030         3,690,923   

Time, Inc.

     446,139         6,888,386   

World Wrestling Entertainment, Inc. Class A(a)

     88,077         1,555,440   
     

 

 

 
Total Media               60,144,159   
Metals & Mining – 3.5%      

Allegheny Technologies, Inc.(a)

     515,557         8,403,579   

Ampco-Pittsburgh Corp.

     54,527         758,471   

Carpenter Technology Corp.

     94,689         3,241,204   

Commercial Metals Co.

     331,174         5,620,023   

Gold Resource Corp.(a)

     258,661         602,680   

Haynes International, Inc.

     27,457         1,002,180   

Hecla Mining Co.(a)

     165,577         460,304   

Kaiser Aluminum Corp.

     29,218         2,470,090   

Materion Corp.

     22,566         597,548   

Olympic Steel, Inc.

     8,546         147,931   

Royal Gold, Inc.

     134,871       6,917,534   

Schnitzer Steel Industries, Inc. Class A

     111,831         2,062,164   

United States Steel Corp.(a)

     300,215         4,818,451   

Worthington Industries, Inc.

     149,818         5,339,513   
     

 

 

 
Total Metals & Mining               42,441,672   
Multi-Utilities – 1.7%      

Avista Corp.

     208,610         8,507,116   

Black Hills Corp.(a)

     169,806         10,210,434   

Unitil Corp.

     48,920         2,078,611   
     

 

 

 
Total Multi-Utilities               20,796,161   
Multiline Retail – 0.4%      

Big Lots, Inc.

     82,993         3,758,753   

Fred’s, Inc. Class A(a)

     48,826         727,996   
     

 

 

 
Total Multiline Retail               4,486,749   
Oil, Gas & Consumable Fuels – 2.5%      

Adams Resources & Energy, Inc.(a)

     8,022         320,719   

Alon USA Energy, Inc.

     230,053         2,374,147   

Delek U.S. Holdings, Inc.

     126,533         1,928,363   

Evolution Petroleum Corp.(a)

     102,967         500,420   

Green Plains, Inc.

     73,331         1,170,363   

Panhandle Oil and Gas, Inc. Class A

     14,724         254,872   

SemGroup Corp. Class A

     250,751         5,616,822   

SM Energy Co.(a)

     26,163         490,295   

Targa Resources Corp.

     608,394         18,166,645   
     

 

 

 
Total Oil, Gas & Consumable Fuels               30,822,646   
Paper & Forest Products – 0.8%      

Deltic Timber Corp.(a)

     7,132         428,990   

KapStone Paper and Packaging Corp.

     138,899         1,923,751   

Neenah Paper, Inc.

     30,322         1,930,298   

PH Glatfelter Co.

     105,168         2,180,133   

Schweitzer-Mauduit International, Inc.

     102,052         3,212,597   
     

 

 

 
Total Paper & Forest Products               9,675,769   
Personal Products – 0.9%      

Coty, Inc. Class A(a)

     67,419         1,876,271   

Inter Parfums, Inc.

     55,427         1,712,694   

Nu Skin Enterprises, Inc. Class A(a)

     192,613         7,367,447   
     

 

 

 
Total Personal Products               10,956,412   
Pharmaceuticals – 1.1%      

Innoviva, Inc.(a)

     1,052,788         13,254,601   

Phibro Animal Health Corp. Class A

     19,377         523,954   
     

 

 

 
Total Pharmaceuticals               13,778,555   
Professional Services – 1.1%      

Barrett Business Services, Inc.

     12,687         364,751   

CEB, Inc.

     65,933         4,267,843   

Exponent, Inc.

     25,835         1,317,843   

Heidrick & Struggles International, Inc.

     29,006         687,442   

Insperity, Inc.

     39,134         2,024,402   

Kelly Services, Inc. Class A

     38,381         733,845   

Kforce, Inc.

     48,986         959,146   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      65   


Table of Contents

Schedule of Investments (continued)

WisdomTree SmallCap Dividend Fund (DES)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Korn/Ferry International

     49,049       $ 1,387,596   

Resources Connection, Inc.

     74,760         1,163,266   
     

 

 

 
Total Professional Services               12,906,134   
Real Estate Investment Trusts (REITs) – 14.5%      

Acadia Realty Trust

     66,433         2,333,791   

Agree Realty Corp.

     33,623         1,293,477   

Alexander’s, Inc.

     5,888         2,240,678   

American Assets Trust, Inc.

     37,428         1,494,126   

Armada Hoffler Properties, Inc.

     54,150         609,187   

Ashford Hospitality Prime, Inc.(a)

     25,644         299,265   

Ashford Hospitality Trust, Inc.

     236,286         1,507,505   

Bluerock Residential Growth REIT, Inc.(a)

     64,591         702,750   

Brandywine Realty Trust

     257,002         3,605,738   

CareTrust REIT, Inc.

     88,701         1,126,503   

CatchMark Timber Trust, Inc. Class A

     56,793         615,068   

CBL & Associates Properties, Inc.

     455,490         5,420,331   

Cedar Realty Trust, Inc.

     77,257         558,568   

Chatham Lodging Trust

     69,099         1,480,791   

Chesapeake Lodging Trust

     115,364         3,052,531   

Colony Starwood Homes

     41,344         1,023,264   

Community Healthcare Trust, Inc.

     18,873         348,962   

CorEnergy Infrastructure Trust, Inc.(a)

     66,581         1,338,944   

CoreSite Realty Corp.

     28,711         2,010,057   

Corporate Office Properties Trust

     149,722         3,928,705   

Cousins Properties, Inc.

     239,984         2,491,034   

CyrusOne, Inc.

     73,443         3,352,673   

DiamondRock Hospitality Co.

     301,926         3,055,491   

DuPont Fabros Technology, Inc.

     110,002         4,458,381   

Easterly Government Properties, Inc.

     36,395         674,035   

EastGroup Properties, Inc.

     44,586         2,691,657   

Education Realty Trust, Inc.

     72,823         3,029,437   

Empire State Realty Trust, Inc. Class A

     71,566         1,254,552   

FelCor Lodging Trust, Inc.

     102,189         829,775   

First Industrial Realty Trust, Inc.

     81,367         1,850,286   

First Potomac Realty Trust

     97,960         887,518   

Franklin Street Properties Corp.

     246,223         2,612,426   

Geo Group, Inc. (The)

     216,022         7,489,483   

Getty Realty Corp.

     61,226         1,214,112   

Gladstone Commercial Corp.

     74,225         1,215,805   

Global Net Lease, Inc.(a)

     431,075         3,690,002   

Government Properties Income Trust(a)

     242,962         4,336,872   

Gramercy Property Trust(a)

     273,411         2,310,323   

Hersha Hospitality Trust

     72,637         1,550,074   

Independence Realty Trust, Inc.

     147,256         1,048,463   

InfraREIT, Inc.

     62,247         1,061,311   

Investors Real Estate Trust(a)

     284,138         2,062,842   

Kite Realty Group Trust

     110,915         3,073,455   

Lexington Realty Trust(a)

     619,371         5,326,591   

LTC Properties, Inc.

     57,212         2,588,271   

Mack-Cali Realty Corp.

     76,725         1,803,037   

Monmouth Real Estate Investment Corp. Class A(a)

     124,313         1,478,082   

Monogram Residential Trust, Inc.(a)

     163,222         1,609,369   

National Health Investors, Inc.

     66,969         4,454,778   

National Storage Affiliates Trust

     35,885       760,762   

New Senior Investment Group, Inc.(a)

     306,345         3,155,353   

New York REIT, Inc.(a)

     203,541         2,055,764   

NexPoint Residential Trust, Inc.

     45,525         595,922   

One Liberty Properties, Inc.(a)

     37,546         841,406   

Parkway Properties, Inc.(a)

     166,128         2,601,564   

Pebblebrook Hotel Trust

     96,272         2,798,627   

Pennsylvania Real Estate Investment Trust(a)

     88,114         1,925,291   

Physicians Realty Trust

     155,746         2,893,761   

Potlatch Corp.

     62,515         1,969,222   

Preferred Apartment Communities, Inc. Class A(a)

     46,179         585,550   

PS Business Parks, Inc.

     23,766         2,388,721   

QTS Realty Trust, Inc. Class A

     39,786         1,885,061   

Ramco-Gershenson Properties Trust

     128,055         2,308,832   

Retail Opportunity Investments Corp.

     119,694         2,408,243   

Rexford Industrial Realty, Inc.(a)

     59,128         1,073,764   

Rouse Properties, Inc.(a)

     91,143         1,675,208   

Sabra Health Care REIT, Inc.

     167,263         3,360,314   

Saul Centers, Inc.

     21,531         1,141,574   

Select Income REIT

     290,642         6,699,298   

Silver Bay Realty Trust Corp.

     35,975         534,229   

STAG Industrial, Inc.

     160,661         3,271,058   

Summit Hotel Properties, Inc.

     106,048         1,269,394   

Terreno Realty Corp.

     44,326         1,039,445   

Tier REIT, Inc.(a)

     71,837         965,489   

UMH Properties, Inc.

     64,952         644,324   

Universal Health Realty Income Trust

     20,891         1,175,119   

Urban Edge Properties

     110,261         2,849,144   

Urstadt Biddle Properties, Inc. Class A

     41,988         879,649   

Washington Real Estate Investment Trust

     94,306         2,754,678   

Whitestone REIT(a)

     84,881         1,066,954   

WP GLIMCHER, Inc.

     554,784         5,264,900   

Xenia Hotels & Resorts, Inc.(a)

     205,531         3,210,394   
     

 

 

 
Total Real Estate Investment Trusts (REITs)         176,539,390   
Real Estate Management & Development – 0.1%      

Alexander & Baldwin, Inc.

     10,720         393,210   

Consolidated-Tomoka Land Co.

     411         18,963   

Farmland Partners, Inc.

     17,223         184,803   

Griffin Industrial Realty, Inc.

     2,210         54,278   

RE/MAX Holdings, Inc. Class A

     6,624         227,203   
     

 

 

 
Total Real Estate Management & Development               878,457   
Road & Rail – 0.5%      

ArcBest Corp.

     33,369         720,437   

Celadon Group, Inc.

     17,389         182,237   

Heartland Express, Inc.(a)

     34,081         632,203   

Knight Transportation, Inc.

     68,244         1,784,581   

Marten Transport Ltd.

     17,670         330,782   

Universal Truckload Services, Inc.(a)

     50,754         835,918   

Werner Enterprises, Inc.

     59,220         1,608,415   
     

 

 

 
Total Road & Rail               6,094,573   
Semiconductors & Semiconductor Equipment – 1.3%      

Brooks Automation, Inc.

     204,282         2,124,533   

Cohu, Inc.

     42,130         500,504   

 

See Notes to Financial Statements.

 

66   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree SmallCap Dividend Fund (DES)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Intersil Corp. Class A

     407,635       $ 5,450,080   

IXYS Corp.

     35,133         394,192   

MKS Instruments, Inc.

     85,191         3,207,441   

Power Integrations, Inc.

     23,860         1,184,888   

Tessera Technologies, Inc.

     107,868         3,343,908   
     

 

 

 
Total Semiconductors & Semiconductor Equipment         16,205,546   
Software – 0.6%      

American Software, Inc. Class A

     85,286         767,574   

Ebix, Inc.(a)

     26,649         1,087,013   

Epiq Systems, Inc.

     78,841         1,184,192   

Mentor Graphics Corp.

     125,994         2,561,458   

Monotype Imaging Holdings, Inc.

     53,729         1,285,198   

Pegasystems, Inc.

     28,119         713,660   

QAD, Inc. Class A

     17,420         370,175   
     

 

 

 
Total Software               7,969,270   
Specialty Retail – 5.4%      

Aaron’s, Inc.

     27,485         689,873   

Abercrombie & Fitch Co. Class A

     173,841         5,482,945   

Barnes & Noble, Inc.

     427,868         5,288,448   

Big 5 Sporting Goods Corp.

     81,945         910,409   

Buckle, Inc. (The)(a)

     119,112         4,034,323   

Caleres, Inc.

     36,398         1,029,699   

Cato Corp. (The) Class A

     70,274         2,709,063   

Chico’s FAS, Inc.

     318,383         4,224,942   

Children’s Place, Inc. (The)(a)

     18,940         1,580,922   

Citi Trends, Inc.

     14,666         261,495   

DSW, Inc. Class A

     229,338         6,338,902   

Finish Line, Inc. (The) Class A

     83,777         1,767,695   

GNC Holdings, Inc. Class A

     163,000         5,175,250   

Group 1 Automotive, Inc.

     22,597         1,326,218   

Guess?, Inc.

     333,058         6,251,499   

Haverty Furniture Cos., Inc.

     30,923         654,331   

Monro Muffler Brake, Inc.

     23,497         1,679,331   

Outerwall, Inc.(a)

     42,115         1,557,834   

Pier 1 Imports, Inc.

     344,196         2,412,814   

Rent-A-Center, Inc.

     280,416         4,444,594   

Shoe Carnival, Inc.

     19,957         538,041   

Sonic Automotive, Inc. Class A

     21,336         394,289   

Stage Stores, Inc.(a)

     203,410         1,639,485   

Stein Mart, Inc.

     166,941         1,223,677   

Tailored Brands, Inc.

     198,861         3,559,612   

Winmark Corp.

     1,037         101,605   
     

 

 

 
Total Specialty Retail               65,277,296   
Technology Hardware, Storage & Peripherals – 1.1%      

Diebold, Inc.(a)

     199,360         5,763,498   

Lexmark International, Inc. Class A

     233,924         7,820,079   
     

 

 

 
Total Technology Hardware, Storage & Peripherals         13,583,577   
Textiles, Apparel & Luxury Goods – 0.4%      

Culp, Inc.

     9,338         244,842   

Movado Group, Inc.

     23,971         659,922   

Oxford Industries, Inc.

     23,020         1,547,635   

Superior Uniform Group, Inc.(a)

     23,187       413,192   

Wolverine World Wide, Inc.

     119,969         2,209,829   
     

 

 

 
Total Textiles, Apparel & Luxury Goods               5,075,420   
Thrifts & Mortgage Finance – 1.2%      

Astoria Financial Corp.

     32,291         511,489   

Bank Mutual Corp.

     35,205         266,502   

BankFinancial Corp.

     9,225         109,040   

Cape Bancorp, Inc.

     13,816         185,687   

Capitol Federal Financial, Inc.

     115,943         1,537,404   

Clifton Bancorp, Inc.

     13,730         207,598   

Dime Community Bancshares, Inc.

     37,779         665,666   

EverBank Financial Corp.

     57,451         866,936   

Federal Agricultural Mortgage Corp. Class C

     5,203         196,309   

First Defiance Financial Corp.

     5,690         218,553   

First Financial Northwest, Inc.

     7,539         99,289   

Fox Chase Bancorp, Inc.

     9,900         191,268   

Hingham Institution for Savings(a)

     615         73,253   

Home Bancorp, Inc.

     2,704         72,494   

Meridian Bancorp, Inc.

     14,319         199,320   

Meta Financial Group, Inc.

     2,911         132,742   

Northfield Bancorp, Inc.

     26,363         433,408   

Northwest Bancshares, Inc.

     133,528         1,803,963   

OceanFirst Financial Corp.

     14,200         251,056   

Oritani Financial Corp.

     61,854         1,049,662   

Provident Financial Holdings, Inc.

     6,740         114,917   

Provident Financial Services, Inc.

     71,171         1,436,942   

Prudential Bancorp, Inc.

     2,027         29,027   

Pulaski Financial Corp.

     9,314         150,421   

Riverview Bancorp, Inc.

     9,370         39,354   

SI Financial Group, Inc.

     4,533         63,145   

Territorial Bancorp, Inc.

     7,340         191,280   

TrustCo Bank Corp.

     135,075         818,554   

United Community Financial Corp.

     25,236         148,135   

United Financial Bancorp, Inc.

     57,619         725,423   

Washington Federal, Inc.

     64,678         1,464,957   

Waterstone Financial, Inc.

     13,148         179,865   

Westfield Financial, Inc.

     8,632         72,768   

WSFS Financial Corp.

     6,760         219,835   
     

 

 

 
Total Thrifts & Mortgage Finance               14,726,262   
Tobacco – 0.4%      

Universal Corp.

     76,473         4,344,431   
Trading Companies & Distributors – 1.7%      

Applied Industrial Technologies, Inc.

     90,843         3,942,586   

GATX Corp.(a)

     133,291         6,331,322   

H&E Equipment Services, Inc.

     203,081         3,560,010   

Houston Wire & Cable Co.

     61,116         427,201   

Kaman Corp.

     40,827         1,742,905   

TAL International Group, Inc.*

     313,846         4,845,782   
     

 

 

 
Total Trading Companies & Distributors               20,849,806   
Water Utilities – 1.0%      

American States Water Co.

     69,554         2,737,646   

Artesian Resources Corp. Class A

     24,917         696,679   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      67   


Table of Contents

Schedule of Investments (concluded)

WisdomTree SmallCap Dividend Fund (DES)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

California Water Service Group

     121,512       $ 3,246,801   

Connecticut Water Service, Inc.

     28,991         1,307,494   

Middlesex Water Co.

     44,938         1,386,337   

SJW Corp.

     48,904         1,777,660   

York Water Co. (The)

     29,271         893,351   
     

 

 

 
Total Water Utilities               12,045,968   
Wireless Telecommunication Services – 0.2%      

Shenandoah Telecommunications Co.

     44,429         1,188,476   

Spok Holdings, Inc.

     52,266         915,177   
     

 

 

 
Total Wireless Telecommunication Services         2,103,653   

TOTAL COMMON STOCKS

(Cost: $1,147,136,911)

              1,205,854,008   
EXCHANGE-TRADED FUND – 0.7%      
United States – 0.7%      
WisdomTree MidCap Dividend Fund(a)(b) (Cost: $7,331,835)      92,626         7,976,025   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 12.5%   
United States – 12.5%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

(Cost: $152,545,820)(d)

     152,545,820         152,545,820   

TOTAL INVESTMENTS IN SECURITIES – 112.3%

(Cost: $1,307,014,566)

  

  

     1,366,375,853   

Liabilities in Excess of Cash and Other Assets –(12.3)%

  

     (149,718,290
     

 

 

 
NET ASSETS – 100.0%             $ 1,216,657,563   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Affiliated company (See Note 3).

 

(c) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(d) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $149,799,674 and the total market value of the collateral held by the Fund was $154,047,827. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $1,502,007.

 

See Notes to Financial Statements.

 

68   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments

WisdomTree SmallCap Earnings Fund (EES)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.4%      
Puerto Rico – 0.8%      
Banks – 0.7%      

First BanCorp*

     855,547       $ 2,498,197   
IT Services – 0.1%      

EVERTEC, Inc.

     39,959         558,627   
     

 

 

 
Total Puerto Rico               3,056,824   
United States – 98.6%      
Aerospace & Defense – 1.2%      

Aerojet Rocketdyne Holdings, Inc.*

     20,138         329,860   

American Science & Engineering, Inc.

     708         19,605   

Astronics Corp.*

     19,764         753,997   

Cubic Corp.

     7,416         296,343   

DigitalGlobe, Inc.*

     13,264         229,467   

Engility Holdings, Inc.*

     2,036         38,195   

HEICO Corp.

     25,816         1,552,316   

KLX, Inc.*

     7,576         243,493   

National Presto Industries, Inc.(a)

     4,648         389,224   

Sparton Corp.*

     7,719         138,865   

Taser International, Inc.*

     11,764         230,927   

Vectrus, Inc.*

     13,728         312,312   
     

 

 

 
Total Aerospace & Defense         4,534,604   
Air Freight & Logistics – 0.9%      

Air Transport Services Group, Inc.*

     34,070         523,997   

Atlas Air Worldwide Holdings, Inc.*

     23,084         975,761   

Echo Global Logistics, Inc.*

     5,773         156,795   

Forward Air Corp.

     11,357         514,699   

Hub Group, Inc. Class A*

     19,037         776,519   

Park-Ohio Holdings Corp.

     12,259         524,930   

Radiant Logistics, Inc.*

     7,526         26,868   
     

 

 

 
Total Air Freight & Logistics         3,499,569   
Airlines – 0.6%      

SkyWest, Inc.

     25,788         515,502   

Virgin America, Inc.*(a)

     44,094         1,700,265   
     

 

 

 
Total Airlines         2,215,767   
Auto Components – 1.5%      

Cooper-Standard Holding, Inc.*

     8,543         613,729   

Dorman Products, Inc.*

     19,678         1,070,877   

Drew Industries, Inc.

     12,238         788,861   

Fox Factory Holding Corp.*

     12,879         203,617   

Metaldyne Performance Group, Inc.

     67,392         1,132,860   

Motorcar Parts of America, Inc.*

     3,353         127,347   

Shiloh Industries, Inc.*(a)

     21,298         109,259   

Standard Motor Products, Inc.

     13,756         476,645   

Stoneridge, Inc.*

     10,113         147,245   

Strattec Security Corp.

     2,525         144,910   

Superior Industries International, Inc.

     10,346         228,440   

Tower International, Inc.

     14,320         389,504   
     

 

 

 
Total Auto Components         5,433,294   
Automobiles – 0.1%      

Winnebago Industries, Inc.

     20,285         455,398   
Banks – 9.6%      

1st Source Corp.

     15,885       505,778   

Access National Corp.

     6,178         122,510   

American National Bankshares, Inc.

     4,735         119,938   

Ameris Bancorp

     9,569         283,051   

Arrow Financial Corp.

     7,299         193,934   

Banc of California, Inc.

     23,382         409,185   

BancFirst Corp.

     9,826         560,377   

Bar Harbor Bankshares

     3,786         125,771   

BBCN Bancorp, Inc.

     46,616         708,097   

Berkshire Hills Bancorp, Inc.

     13,151         353,630   

Blue Hills Bancorp, Inc.

     4,084         55,828   

Boston Private Financial Holdings, Inc.

     40,374         462,282   

Bridge Bancorp, Inc.

     4,729         144,093   

Brookline Bancorp, Inc.

     35,924         395,523   

Bryn Mawr Bank Corp.

     8,908         229,203   

C1 Financial, Inc.*(a)

     4,953         119,863   

Camden National Corp.

     4,881         205,002   

Capital Bank Financial Corp. Class A

     14,460         446,091   

Capital City Bank Group, Inc.

     4,824         70,382   

Cardinal Financial Corp.

     17,696         360,114   

Centerstate Banks, Inc.

     20,855         310,531   

Central Pacific Financial Corp.

     20,743         451,575   

Chemical Financial Corp.

     18,982         677,468   

City Holding Co.

     8,853         422,996   

CNB Financial Corp.

     11,542         203,024   

CoBiz Financial, Inc.

     18,576         219,568   

Community Trust Bancorp, Inc.

     11,078         391,275   

ConnectOne Bancorp, Inc.

     18,663         305,140   

Customers Bancorp, Inc.*

     16,717         395,023   

Enterprise Financial Services Corp.

     10,332         279,377   

Farmers Capital Bank Corp.

     4,774         126,129   

FCB Financial Holdings, Inc. Class A*

     8,623         286,801   

Fidelity Southern Corp.

     15,525         249,021   

Financial Institutions, Inc.

     8,511         247,415   

First Bancorp

     12,163         229,273   

First Bancorp, Inc.

     6,632         129,390   

First Busey Corp.

     14,674         300,524   

First Business Financial Services, Inc.

     5,892         135,104   

First Commonwealth Financial Corp.

     43,700         387,182   

First Community Bancshares, Inc.

     10,530         208,915   

First Connecticut Bancorp, Inc.

     6,634         105,879   

First Financial Bancorp

     33,461         608,321   

First Financial Corp.

     8,443         288,835   

First Interstate BancSystem, Inc. Class A

     25,432         715,402   

First Merchants Corp.

     20,316         478,848   

First Midwest Bancorp, Inc.

     36,821         663,514   

First NBC Bank Holding Co.*(a)

     15,184         312,639   

Flushing Financial Corp.

     16,898         365,335   

Franklin Financial Network, Inc.*(a)

     4,011         108,297   

German American Bancorp, Inc.

     7,796         251,031   

Great Southern Bancorp, Inc.

     8,390         311,521   

Great Western Bancorp, Inc.

     31,450         857,641   

Green Bancorp, Inc.*

     11,035         83,535   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      69   


Table of Contents

Schedule of Investments (continued)

WisdomTree SmallCap Earnings Fund (EES)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Guaranty Bancorp

     9,405       $ 145,401   

Hanmi Financial Corp.

     17,746         390,767   

Heartland Financial USA, Inc.

     15,028         462,712   

Heritage Commerce Corp.

     10,442         104,524   

Heritage Financial Corp.

     16,494         289,800   

HomeTrust Bancshares, Inc.*

     3,690         67,638   

Horizon Bancorp

     6,423         158,777   

Independent Bank Corp.

     21,719         670,693   

Independent Bank Group, Inc.

     9,577         262,410   

Lakeland Bancorp, Inc.

     23,400         237,510   

Lakeland Financial Corp.

     8,085         370,131   

LegacyTexas Financial Group, Inc.

     20,102         395,004   

MainSource Financial Group, Inc.

     12,940         272,905   

Mercantile Bank Corp.

     9,316         208,865   

MidSouth Bancorp, Inc.

     10,446         79,703   

MidWestOne Financial Group, Inc.

     5,942         163,108   

National Bank Holdings Corp. Class A

     1,619         33,011   

National Commerce Corp.*(a)

     2,220         52,414   

NBT Bancorp, Inc.

     22,698         611,711   

Northrim BanCorp, Inc.

     6,071         145,158   

OFG Bancorp(a)

     7,262         50,761   

Old National Bancorp

     71,825         875,547   

Old Second Bancorp, Inc.*

     12,653         90,722   

Opus Bank

     11,415         388,110   

Pacific Continental Corp.

     9,639         155,477   

Pacific Premier Bancorp, Inc.*

     8,807         188,206   

Park National Corp.

     7,549         679,410   

Park Sterling Corp.

     18,764         125,156   

Peapack Gladstone Financial Corp.

     7,871         133,020   

Penns Woods Bancorp, Inc.(a)

     2,494         96,119   

Peoples Bancorp, Inc.

     6,836         133,575   

Peoples Financial Services Corp.(a)

     4,154         154,529   

Preferred Bank

     7,351         222,368   

QCR Holdings, Inc.

     4,791         114,265   

Renasant Corp.

     15,363         505,596   

Republic Bancorp, Inc. Class A

     11,127         287,410   

S&T Bancorp, Inc.

     17,944         462,237   

Sandy Spring Bancorp, Inc.

     13,479         375,121   

Seacoast Banking Corp. of Florida*

     7,876         124,362   

ServisFirst Bancshares, Inc.

     10,841         481,340   

Sierra Bancorp

     7,673         139,265   

Southside Bancshares, Inc.

     9,723         253,479   

Southwest Bancorp, Inc.

     9,115         137,181   

Stock Yards Bancorp, Inc.

     8,316         320,415   

Stonegate Bank

     6,021         180,389   

Suffolk Bancorp

     5,527         139,501   

Tompkins Financial Corp.

     8,010         512,640   

Towne Bank(a)

     23,425         449,526   

Trico Bancshares

     11,744         297,358   

Tristate Capital Holdings, Inc.*

     14,841         186,997   

Triumph Bancorp, Inc.*

     13,553         214,544   

Trustmark Corp.

     43,198         994,850   

Union Bankshares Corp.

     21,590         531,762   

United Community Banks, Inc.

     32,406         598,539   

Univest Corp. of Pennsylvania

     10,473       204,328   

Veritex Holdings, Inc.*

     3,958         57,510   

Washington Trust Bancorp, Inc.

     9,783         365,102   

WesBanco, Inc.

     21,030         624,801   

West Bancorp, Inc.

     9,074         165,419   

Westamerica Bancorp(a)

     11,206         545,844   

Wilshire Bancorp, Inc.

     47,715         491,464   

Yadkin Financial Corp.

     23,335         552,339   
     

 

 

 
Total Banks         35,706,007   
Beverages – 0.2%      

Coca-Cola Bottling Co. Consolidated

     3,308         528,486   

Craft Brew Alliance, Inc.*

     2,395         19,711   

MGP Ingredients, Inc.

     8,545         207,131   
     

 

 

 
Total Beverages         755,328   
Biotechnology – 1.9%      

Acorda Therapeutics, Inc.*

     728         19,256   

AMAG Pharmaceuticals, Inc.*(a)

     64,964         1,520,158   

Array BioPharma, Inc.*

     5,435         16,033   

BioSpecifics Technologies Corp.*

     2,080         72,426   

Concert Pharmaceuticals, Inc.*

     7,234         98,816   

Emergent Biosolutions, Inc.*

     16,870         613,224   

Enanta Pharmaceuticals, Inc.*(a)

     23,109         678,711   

NewLink Genetics Corp.*(a)

     33,398         607,844   

Osiris Therapeutics, Inc.*(a)

     2,809         16,039   

PDL BioPharma, Inc.

     814,322         2,711,692   

Repligen Corp.*

     4,068         109,104   

Retrophin, Inc.*

     45,701         624,276   
     

 

 

 
Total Biotechnology         7,087,579   
Building Products – 1.4%      

AAON, Inc.

     19,184         537,152   

Advanced Drainage Systems, Inc.(a)

     6,496         138,365   

American Woodmark Corp.*

     5,030         375,188   

Apogee Enterprises, Inc.

     12,177         534,448   

Continental Building Products, Inc.*

     9,636         178,844   

Gibraltar Industries, Inc.*

     7,813         223,452   

Griffon Corp.

     19,868         306,961   

Insteel Industries, Inc.

     10,034         306,739   

NCI Building Systems, Inc.*

     12,809         181,888   

Patrick Industries, Inc.*

     9,492         430,842   

PGT, Inc.*

     20,345         200,195   

Ply Gem Holdings, Inc.*

     9,408         132,182   

Quanex Building Products Corp.

     4,874         84,613   

Trex Co., Inc.*

     11,735         562,458   

Universal Forest Products, Inc.

     9,818         842,581   
     

 

 

 
Total Building Products         5,035,908   
Capital Markets – 2.7%      

Artisan Partners Asset Management, Inc. Class A

     16,349         504,203   

Calamos Asset Management, Inc. Class A

     7,128         60,517   

Cohen & Steers, Inc.

     21,163         823,664   

Cowen Group, Inc. Class A*(a)

     317,511         1,209,717   

Diamond Hill Investment Group, Inc.

     1,585         281,116   

GAMCO Investors, Inc. Class A

     24,099         893,109   

 

See Notes to Financial Statements.

 

70   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree SmallCap Earnings Fund (EES)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Greenhill & Co., Inc.

     10,791       $ 239,560   

HFF, Inc. Class A

     20,021         551,178   

INTL FCStone, Inc.*

     9,792         261,740   

Investment Technology Group, Inc.

     11,065         244,536   

KCG Holdings, Inc. Class A*

     196,221         2,344,841   

Manning & Napier, Inc.

     18,595         150,062   

Moelis & Co. Class A

     9,599         270,980   

Oppenheimer Holdings, Inc. Class A

     4,232         66,781   

Piper Jaffray Cos.*

     11,780         583,817   

Pzena Investment Management, Inc. Class A

     8,481         64,031   

Virtu Financial, Inc. Class A

     32,549         719,658   

Virtus Investment Partners, Inc.

     3,998         312,284   

Westwood Holdings Group, Inc.

     4,588         269,086   
     

 

 

 
Total Capital Markets         9,850,880   
Chemicals – 1.8%      

A. Schulman, Inc.

     9,611         261,612   

American Vanguard Corp.*

     4,256         67,160   

Calgon Carbon Corp.

     29,700         416,394   

Chase Corp.

     6,500         341,835   

Chemours Co. (The)

     133,872         937,104   

Core Molding Technologies, Inc.*

     10,691         133,424   

Ferro Corp.*

     35,105         416,696   

Flotek Industries, Inc.*(a)

     4,401         32,259   

FutureFuel Corp.

     35,471         418,203   

Hawkins, Inc.

     5,482         197,845   

Innophos Holdings, Inc.

     14,415         445,568   

Innospec, Inc.

     18,575         805,412   

KMG Chemicals, Inc.

     3,539         81,645   

OMNOVA Solutions, Inc.*

     7,931         44,096   

Quaker Chemical Corp.

     7,044         597,754   

Rayonier Advanced Materials, Inc.

     18,883         179,389   

Stepan Co.

     13,111         724,907   

Trecora Resources*

     15,220         146,416   

Tredegar Corp.

     23,503         369,467   
     

 

 

 
Total Chemicals         6,617,186   
Commercial Services & Supplies – 3.3%      

ABM Industries, Inc.

     24,309         785,424   

ACCO Brands Corp.*

     131,890         1,184,372   

ARC Document Solutions, Inc.*

     189,503         852,763   

Brady Corp. Class A

     19,837         532,425   

Brink’s Co. (The)

     5,446         182,931   

CECO Environmental Corp.

     3,368         20,915   

Ennis, Inc.

     9,945         194,425   

Essendant, Inc.

     28,007         894,264   

G&K Services, Inc. Class A

     9,826         719,754   

InnerWorkings, Inc.*

     12,548         99,757   

Interface, Inc.

     34,275         635,459   

Kimball International, Inc. Class B

     15,083         171,192   

Knoll, Inc.

     32,588         705,530   

McGrath RentCorp

     17,088         428,567   

Mobile Mini, Inc.

     3,322         109,692   

Multi-Color Corp.

     8,169         435,816   

SP Plus Corp.*

     10,231         246,158   

Team, Inc.*

     13,883       421,766   

Tetra Tech, Inc.

     37,171         1,108,439   

TRC Cos., Inc.*(a)

     20,401         147,907   

U.S. Ecology, Inc.

     9,093         401,547   

UniFirst Corp.

     12,419         1,355,161   

Viad Corp.

     6,805         198,434   

VSE Corp.

     3,803         258,186   
     

 

 

 
Total Commercial Services & Supplies         12,090,884   
Communications Equipment – 0.5%      

ADTRAN, Inc.

     10,355         209,378   

Alliance Fiber Optic Products, Inc.*

     9,674         143,079   

Applied Optoelectronics, Inc.*(a)

     5,299         79,008   

Bel Fuse, Inc. Class B

     10,857         158,512   

Black Box Corp.

     12,939         174,288   

CalAmp Corp.*(a)

     8,926         160,043   

Clearfield, Inc.*(a)

     4,707         75,642   

Comtech Telecommunications Corp.

     11,828         276,421   

Digi International, Inc.*

     4,745         44,745   

EMCORE Corp.*

     17,479         87,395   

Finisar Corp.*

     6,180         112,723   

Ixia*

     524         6,529   

NETGEAR, Inc.*

     9,382         378,751   

Ruckus Wireless, Inc.*

     4,758         46,676   

TESSCO Technologies, Inc.

     3,088         51,415   
     

 

 

 
Total Communications Equipment         2,004,605   
Construction & Engineering – 1.0%      

Aegion Corp.*

     11,665         246,015   

Ameresco, Inc. Class A*(a)

     18,379         87,668   

Argan, Inc.

     11,775         414,009   

Comfort Systems USA, Inc.

     15,153         481,411   

Granite Construction, Inc.

     10,304         492,531   

Great Lakes Dredge & Dock Corp.*

     29,271         130,549   

MasTec, Inc.*

     18,115         366,647   

MYR Group, Inc.*

     18,260         458,508   

Primoris Services Corp.

     15,546         377,768   

Tutor Perini Corp.*

     52,859         821,429   
     

 

 

 
Total Construction & Engineering         3,876,535   
Construction Materials – 0.4%      

Headwaters, Inc.*

     78,202         1,551,528   

Summit Materials, Inc. Class A*

     2,772         53,915   
     

 

 

 
Total Construction Materials         1,605,443   
Consumer Finance – 1.9%      

Cash America International, Inc.

     6,138         237,172   

Consumer Portfolio Services, Inc.*

     56,422         238,665   

Encore Capital Group, Inc.*(a)

     34,602         890,656   

Enova International, Inc.*

     83,607         527,560   

EZCORP, Inc. Class A*

     10,326         30,668   

First Cash Financial Services, Inc.

     16,295         750,548   

Green Dot Corp. Class A*

     22,048         506,443   

Nelnet, Inc. Class A

     68,441         2,694,522   

Regional Management Corp.*

     11,360         194,370   

World Acceptance Corp.*(a)

     23,071         874,852   
     

 

 

 
Total Consumer Finance         6,945,456   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      71   


Table of Contents

Schedule of Investments (continued)

WisdomTree SmallCap Earnings Fund (EES)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Containers & Packaging – 0.3%      

AEP Industries, Inc.

     2,155       $ 142,230   

Greif, Inc. Class A

     28,425         930,919   

Myers Industries, Inc.

     9,768         125,616   
     

 

 

 
Total Containers & Packaging         1,198,765   
Distributors – 0.1%      

Weyco Group, Inc.

     7,569         201,487   
Diversified Consumer Services – 1.0%      

American Public Education, Inc.*

     16,920         349,060   

Apollo Education Group, Inc.*

     74,623         613,028   

Capella Education Co.

     8,487         446,756   

Carriage Services, Inc.

     8,597         185,781   

Collectors Universe, Inc.

     5,019         83,315   

DeVry Education Group, Inc.(a)

     51,627         891,598   

K12, Inc.*

     5,873         58,084   

Liberty Tax, Inc.

     5,355         104,904   

LifeLock, Inc.*

     24,662         297,670   

Strayer Education, Inc.*

     7,100         346,125   

Universal Technical Institute, Inc.

     5,458         23,524   

Weight Watchers International, Inc.*(a)

     20,301         294,974   
     

 

 

 
Total Diversified Consumer Services         3,694,819   
Diversified Financial Services – 0.1%      

Gain Capital Holdings, Inc.

     24,152         158,437   

Marlin Business Services Corp.

     9,053         129,549   

NewStar Financial, Inc.*

     14,584         127,610   
     

 

 

 
Total Diversified Financial Services         415,596   
Diversified Telecommunication Services – 0.8%      

Atlantic Tele-Network, Inc.

     4,649         352,534   

Cincinnati Bell, Inc.*

     104,110         402,906   

Hawaiian Telcom Holdco, Inc.*

     1,553         36,573   

IDT Corp. Class B

     32,784         511,102   

Inteliquent, Inc.

     22,092         354,576   

Iridium Communications, Inc.*(a)

     112,290         883,722   

Lumos Networks Corp.*

     9,571         122,892   

Vonage Holdings Corp.*

     49,140         224,570   
     

 

 

 
Total Diversified Telecommunication Services         2,888,875   
Electric Utilities – 0.9%      

El Paso Electric Co.

     23,394         1,073,317   

Empire District Electric Co. (The)

     25,508         843,039   

MGE Energy, Inc.

     16,678         871,426   

Otter Tail Corp.

     23,573         698,232   
     

 

 

 
Total Electric Utilities         3,486,014   
Electrical Equipment – 0.8%      

Allied Motion Technologies, Inc.

     7,678         138,204   

AZZ, Inc.

     13,062         739,309   

Babcock & Wilcox Enterprises, Inc.*

     14,636         313,210   

Encore Wire Corp.

     10,906         424,571   

Franklin Electric Co., Inc.

     20,771         668,203   

LSI Industries, Inc.

     6,596         77,503   

Powell Industries, Inc.

     2,291         68,295   

PowerSecure International, Inc.*

     2,507         46,856   

Thermon Group Holdings, Inc.*

     23,082       405,320   

Vicor Corp.*

     6,772         70,970   
     

 

 

 
Total Electrical Equipment         2,952,441   
Electronic Equipment, Instruments & Components – 3.8%      

Badger Meter, Inc.

     4,683         311,466   

Benchmark Electronics, Inc.*

     38,706         892,173   

Checkpoint Systems, Inc.*

     10,244         103,669   

Coherent, Inc.*

     12,142         1,115,850   

Control4 Corp.*(a)

     4,522         35,995   

CTS Corp.

     14,892         234,400   

Daktronics, Inc.

     18,485         146,031   

DTS, Inc.*

     1,327         28,902   

Electro Rent Corp.

     12,857         119,056   

ePlus, Inc.*

     4,764         383,550   

FARO Technologies, Inc.*

     5,681         182,985   

Fitbit, Inc. Class A*(a)

     52,937         801,996   

II-VI, Inc.*

     36,646         795,585   

Insight Enterprises, Inc.*

     30,391         870,398   

InvenSense, Inc.*

     9,275         77,910   

Kimball Electronics, Inc.*

     24,050         268,638   

Mercury Systems, Inc.*

     7,880         159,964   

Mesa Laboratories, Inc.

     845         81,416   

Methode Electronics, Inc.

     34,183         999,511   

MTS Systems Corp.

     8,020         488,017   

Multi-Fineline Electronix, Inc.*

     18,576         431,149   

Newport Corp.*

     20,844         479,412   

Park Electrochemical Corp.

     10,255         164,183   

PC Connection, Inc.

     20,474         528,434   

Plexus Corp.*

     27,438         1,084,350   

QLogic Corp.*

     31,788         427,231   

Rofin-Sinar Technologies, Inc.*(a)

     16,305         525,347   

Rogers Corp.*

     9,389         562,119   

ScanSource, Inc.*

     18,152         732,978   

Vishay Intertechnology, Inc.

     99,829         1,218,912   
     

 

 

 
Total Electronic Equipment, Instruments & Components         14,251,627   
Energy Equipment & Services – 2.3%      

Atwood Oceanics, Inc.(a)

     342,222         3,138,176   

Bristow Group, Inc.

     4,971         94,051   

Era Group, Inc.*

     15,206         142,632   

Fairmount Santrol Holdings, Inc.*(a)

     160,561         403,008   

Forum Energy Technologies, Inc.*

     75,064         990,845   

Helix Energy Solutions Group, Inc.*

     70,876         396,906   

Hornbeck Offshore Services, Inc.*(a)

     71,806         713,034   

Matrix Service Co.*

     10,409         184,239   

Natural Gas Services Group, Inc.*

     5,459         118,078   

Newpark Resources, Inc.*

     33,811         146,063   

Oil States International, Inc.*

     30,338         956,254   

PHI, Inc. Non-Voting Shares*

     16,433         310,419   

SEACOR Holdings, Inc.*(a)

     1,484         80,804   

U.S. Silica Holdings, Inc.(a)

     31,222         709,364   
     

 

 

 
Total Energy Equipment & Services         8,383,873   

 

See Notes to Financial Statements.

 

72   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree SmallCap Earnings Fund (EES)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Food & Staples Retailing – 1.1%      

Andersons, Inc. (The)

     19,083       $ 599,397   

Chefs’ Warehouse, Inc. (The)*

     8,606         174,616   

Fresh Market, Inc. (The)*

     28,697         818,725   

Ingles Markets, Inc. Class A

     13,091         490,913   

Natural Grocers by Vitamin Cottage, Inc.*

     8,256         175,605   

Smart & Final Stores, Inc.*

     21,680         351,216   

SpartanNash Co.

     25,741         780,210   

Village Super Market, Inc. Class A

     12,046         291,031   

Weis Markets, Inc.

     10,614         478,267   
     

 

 

 
Total Food & Staples Retailing         4,159,980   
Food Products – 1.5%      

Alico, Inc.

     4,678         129,160   

Calavo Growers, Inc.

     5,551         316,740   

John B. Sanfilippo & Son, Inc.

     5,892         407,078   

Landec Corp.*

     11,009         115,595   

Lifeway Foods, Inc.*(a)

     568         6,151   

Limoneira Co.(a)

     1,976         30,035   

Omega Protein Corp.*

     14,078         238,481   

Sanderson Farms, Inc.(a)

     37,506         3,382,291   

Seneca Foods Corp. Class A*

     7,086         246,168   

Tootsie Roll Industries, Inc.(a)

     21,291         743,912   
     

 

 

 
Total Food Products         5,615,611   
Gas Utilities – 0.7%      

Chesapeake Utilities Corp.

     7,190         452,754   

Northwest Natural Gas Co.

     12,157         654,655   

South Jersey Industries, Inc.

     46,471         1,322,100   
     

 

 

 
Total Gas Utilities         2,429,509   
Health Care Equipment & Supplies – 1.1%      

Abaxis, Inc.

     4,827         219,097   

Analogic Corp.

     4,266         337,057   

Anika Therapeutics, Inc.*

     7,599         339,827   

Atrion Corp.

     752         297,311   

CONMED Corp.

     8,210         344,327   

CryoLife, Inc.

     1,364         14,663   

Cynosure, Inc. Class A*

     8,198         361,696   

Exactech, Inc.*

     9,314         188,702   

Haemonetics Corp.*

     7,689         268,961   

Halyard Health, Inc.*

     10,383         298,304   

Inogen, Inc.*

     2,434         109,481   

LeMaitre Vascular, Inc.

     4,556         70,709   

Meridian Bioscience, Inc.

     18,321         377,596   

Merit Medical Systems, Inc.*

     14,359         265,498   

Natus Medical, Inc.*

     8,264         317,585   

OraSure Technologies, Inc.*

     2,393         17,301   

Quidel Corp.*

     542         9,355   

RTI Surgical, Inc.*

     21,762         87,048   

SurModics, Inc.*

     7,378         135,829   

Vascular Solutions, Inc.*

     3,958         128,754   

Zeltiq Aesthetics, Inc.*(a)

     869         23,602   
     

 

 

 
Total Health Care Equipment & Supplies         4,212,703   
Health Care Providers & Services – 2.5%      

AAC Holdings, Inc.*(a)

     5,719       113,179   

Aceto Corp.

     15,253         359,361   

Addus HomeCare Corp.*

     4,917         84,523   

Adeptus Health, Inc. Class A*(a)

     2,202         122,299   

Air Methods Corp.*

     26,428         957,222   

Almost Family, Inc.*

     5,675         211,337   

AMN Healthcare Services, Inc.*

     24,378         819,345   

BioTelemetry, Inc.*

     2,415         28,207   

Corvel Corp.*

     7,427         292,772   

Ensign Group, Inc. (The)

     22,712         514,200   

ExamWorks Group, Inc.*

     1,907         56,371   

Landauer, Inc.

     4,881         161,415   

LHC Group, Inc.*

     6,745         239,852   

Magellan Health, Inc.*

     7,678         521,566   

National Healthcare Corp.

     6,913         430,680   

PharMerica Corp.*

     9,287         205,336   

Providence Service Corp. (The)*

     2,052         104,796   

RadNet, Inc.*

     18,727         90,451   

Select Medical Holdings Corp.*

     101,554         1,199,353   

Surgical Care Affiliates, Inc.*

     37,833         1,750,911   

Triple-S Management Corp. Class B*

     27,704         688,721   

U.S. Physical Therapy, Inc.

     4,323         214,983   
     

 

 

 
Total Health Care Providers & Services         9,166,880   
Health Care Technology – 1.1%      

Computer Programs & Systems, Inc.(a)

     4,771         248,664   

Evolent Health, Inc. Class A*

     219,924         2,322,397   

HealthStream, Inc.*

     4,245         93,772   

HMS Holdings Corp.*

     11,094         159,199   

Inovalon Holdings, Inc. Class A*(a)

     32,757         606,660   

Omnicell, Inc.*

     10,111         281,794   

Quality Systems, Inc.

     22,104         336,865   
     

 

 

 
Total Health Care Technology         4,049,351   
Hotels, Restaurants & Leisure – 3.2%      

Biglari Holdings, Inc.*

     799         296,996   

BJ’s Restaurants, Inc.*

     9,936         413,040   

Bob Evans Farms, Inc.

     8,995         419,977   

Bojangles’, Inc.*(a)

     17,456         296,927   

Bravo Brio Restaurant Group, Inc.*

     12,105         93,814   

Chuy’s Holdings, Inc.*

     4,822         149,820   

ClubCorp Holdings, Inc.

     16,579         232,769   

Dave & Buster’s Entertainment, Inc.*

     10,963         425,145   

Del Frisco’s Restaurant Group, Inc.*

     10,015         166,049   

DineEquity, Inc.

     6,779         633,362   

El Pollo Loco Holdings, Inc.*

     19,133         255,234   

Fiesta Restaurant Group, Inc.*

     11,065         362,711   

Fogo De Chao, Inc.*(a)

     15,459         241,315   

Habit Restaurants, Inc. (The) Class A*(a)

     961         17,903   

Hyatt Hotels Corp. Class A*(a)

     56,905         2,816,228   

International Speedway Corp. Class A

     13,956         515,116   

Interval Leisure Group, Inc.(a)

     49,506         714,867   

Isle of Capri Casinos, Inc.*

     11,269         157,766   

Jamba, Inc.*(a)

     7,560         93,442   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      73   


Table of Contents

Schedule of Investments (continued)

WisdomTree SmallCap Earnings Fund (EES)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Krispy Kreme Doughnuts, Inc.*

     22,077       $ 344,180   

Marcus Corp. (The)

     14,491         274,604   

Monarch Casino & Resort, Inc.*

     8,944         174,050   

Nathan’s Famous, Inc.*

     2,117         92,301   

Papa Murphy’s Holdings, Inc.*(a)

     4,507         53,859   

Popeyes Louisiana Kitchen, Inc.*

     7,454         388,055   

Potbelly Corp.*

     4,365         59,408   

RCI Hospitality Holdings, Inc.

     14,869         131,739   

Red Robin Gourmet Burgers, Inc.*

     6,650         428,725   

Ruth’s Hospitality Group, Inc.

     18,996         349,716   

SeaWorld Entertainment, Inc.(a)

     19,982         420,821   

Sonic Corp.

     21,663         761,671   

Wingstop, Inc.*(a)

     2,939         66,657   
     

 

 

 
Total Hotels, Restaurants & Leisure         11,848,267   
Household Durables – 2.4%      

Bassett Furniture Industries, Inc.

     5,375         171,247   

Cavco Industries, Inc.*

     3,249         303,652   

Century Communities, Inc.*(a)

     19,793         337,866   

CSS Industries, Inc.

     6,507         181,741   

Ethan Allen Interiors, Inc.

     14,620         465,208   

Flexsteel Industries, Inc.

     5,190         226,699   

Hooker Furniture Corp.

     6,112         200,779   

Installed Building Products, Inc.*

     9,690         257,851   

iRobot Corp.*(a)

     10,113         356,989   

La-Z-Boy, Inc.

     30,075         804,205   

LGI Homes, Inc.*(a)

     18,191         440,404   

Libbey, Inc.

     25,228         469,241   

Lifetime Brands, Inc.

     8,049         121,298   

M/I Homes, Inc.*

     21,484         400,677   

MDC Holdings, Inc.

     23,500         588,910   

Meritage Homes Corp.*

     37,898         1,381,761   

New Home Co., Inc. (The)*(a)

     12,338         151,264   

Skullcandy, Inc.*

     17,160         61,090   

Taylor Morrison Home Corp. Class A*

     34,540         487,705   

TopBuild Corp.*

     8,832         262,664   

Universal Electronics, Inc.*

     6,484         401,943   

WCI Communities, Inc.*

     17,538         325,856   

William Lyon Homes Class A*(a)

     32,680         473,533   

ZAGG, Inc.*

     21,286         191,787   
     

 

 

 
Total Household Durables         9,064,370   
Household Products – 0.3%      

Central Garden and Pet Co. Class A*

     19,776         322,151   

Orchids Paper Products Co.

     4,378         120,439   

WD-40 Co.

     4,649         502,138   
     

 

 

 
Total Household Products         944,728   
Independent Power & Renewable Electricity
Producers – 0.1%
      

NRG Yield, Inc. Class C

     18,305         260,663   

Vivint Solar, Inc.*(a)

     21,674         57,436   
     

 

 

 
Total Independent Power & Renewable Electricity Producers               318,099   
Industrial Conglomerates – 0.1%      

Raven Industries, Inc.

     13,783       220,804   
Insurance – 3.5%      

AMERISAFE, Inc.

     11,554         607,047   

Baldwin & Lyons, Inc. Class B

     9,963         245,189   

EMC Insurance Group, Inc.

     17,640         452,466   

Employers Holdings, Inc.

     30,516         858,720   

FBL Financial Group, Inc. Class A

     14,273         878,075   

Federated National Holding Co.

     11,425         224,616   

Fidelity & Guaranty Life

     38,696         1,015,383   

Hallmark Financial Services, Inc.*

     13,492         155,158   

HCI Group, Inc.

     16,254         541,258   

Heritage Insurance Holdings, Inc.(a)

     36,773         587,265   

Horace Mann Educators Corp.

     25,224         799,349   

Infinity Property & Casualty Corp.

     6,366         512,463   

MBIA, Inc.*

     179,809         1,591,310   

National Interstate Corp.

     7,599         227,362   

National Western Life Group, Inc. Class A

     2,995         690,737   

Navigators Group, Inc. (The)*

     7,579         635,651   

State Auto Financial Corp.

     35,599         785,314   

State National Cos., Inc.

     33,290         419,454   

Stewart Information Services Corp.

     6,741         244,563   

United Fire Group, Inc.

     20,979         919,300   

Universal Insurance Holdings, Inc.(a)

     37,613         669,511   
     

 

 

 
Total Insurance         13,060,191   
Internet & Catalog Retail – 0.2%      

1-800-Flowers.com, Inc. Class A*

     10,209         80,447   

Blue Nile, Inc.

     3,084         79,290   

FTD Cos., Inc.*

     2,702         70,927   

Nutrisystem, Inc.

     12,934         269,932   

Overstock.com, Inc.*(a)

     7,328         105,377   

PetMed Express, Inc.(a)

     12,221         218,878   
     

 

 

 
Total Internet & Catalog Retail         824,851   
Internet Software & Services – 0.9%      

Alarm.com Holdings, Inc.*(a)

     7,932         187,988   

Angie’s List, Inc.*

     12,092         97,583   

Bankrate, Inc.*

     20,878         191,451   

DHI Group, Inc.*

     26,816         216,405   

Envestnet, Inc.*

     3,709         100,885   

Everyday Health, Inc.*

     3,486         19,522   

NIC, Inc.

     21,221         382,615   

Reis, Inc.

     3,306         77,856   

RetailMeNot, Inc.*

     17,256         138,221   

SciQuest, Inc.*

     1,039         14,421   

Shutterstock, Inc.*(a)

     6,578         241,610   

SPS Commerce, Inc.*

     451         19,366   

Stamps.com, Inc.*

     3,543         376,550   

TechTarget, Inc.*

     8,726         64,747   

Travelzoo, Inc.*

     12,875         104,545   

United Online, Inc.*

     8,436         97,351   

Web.com Group, Inc.*

     1,886         37,381   

WebMD Health Corp.*

     11,934         747,426   

XO Group, Inc.*

     2,645         42,452   
     

 

 

 
Total Internet Software & Services         3,158,375   

 

See Notes to Financial Statements.

 

74   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree SmallCap Earnings Fund (EES)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
IT Services – 1.9%      

Cardtronics, Inc.*

     16,716       $ 601,609   

Cass Information Systems, Inc.

     4,639         242,852   

Ciber, Inc.*

     24,226         51,117   

Computer Task Group, Inc.

     8,223         42,020   

CSG Systems International, Inc.

     15,356         693,477   

Datalink Corp.*(a)

     8,260         75,496   

ExlService Holdings, Inc.*

     10,018         518,932   

Forrester Research, Inc.

     4,699         157,933   

Hackett Group, Inc. (The)

     7,216         109,106   

Lionbridge Technologies, Inc.*

     24,897         125,979   

ManTech International Corp. Class A

     16,929         541,559   

NeuStar, Inc. Class A*(a)

     77,892         1,916,143   

Perficient, Inc.*

     13,373         290,462   

Sykes Enterprises, Inc.*

     22,542         680,318   

TeleTech Holdings, Inc.

     24,769         687,587   

Virtusa Corp.*

     10,253         384,077   
     

 

 

 
Total IT Services         7,118,667   
Leisure Products – 0.6%      

Callaway Golf Co.

     3,880         35,386   

Escalade, Inc.

     10,566         124,362   

JAKKS Pacific, Inc.*(a)

     47,464         353,132   

Johnson Outdoors, Inc. Class A

     3,893         86,503   

Malibu Boats, Inc. Class A*

     11,006         180,498   

Nautilus, Inc.*

     15,885         306,898   

Smith & Wesson Holding Corp.*(a)

     20,821         554,255   

Sturm Ruger & Co., Inc.

     8,230         562,767   
     

 

 

 
Total Leisure Products         2,203,801   
Life Sciences Tools & Services – 0.4%      

Affymetrix, Inc.*

     19,425         272,144   

Cambrex Corp.*

     13,934         613,096   

Luminex Corp.*

     20,902         405,499   

Sequenom, Inc.*(a)

     99,607         140,446   
     

 

 

 
Total Life Sciences Tools & Services         1,431,185   
Machinery – 5.9%      

Accuride Corp.*(a)

     12,790         19,825   

Actuant Corp. Class A

     48,479         1,197,916   

Alamo Group, Inc.

     8,159         454,538   

Albany International Corp. Class A

     8,291         311,659   

Altra Industrial Motion Corp.

     15,196         422,145   

American Railcar Industries, Inc.(a)

     25,057         1,020,572   

Astec Industries, Inc.

     9,562         446,259   

Blount International, Inc.*

     15,533         155,019   

Briggs & Stratton Corp.

     24,621         588,934   

Chart Industries, Inc.*

     27,424         595,649   

CIRCOR International, Inc.

     4,066         188,622   

Columbus McKinnon Corp.

     9,054         142,691   

Commercial Vehicle Group, Inc.*

     46,645         123,609   

Douglas Dynamics, Inc.

     19,176         439,322   

EnPro Industries, Inc.

     5,286         304,896   

ESCO Technologies, Inc.

     11,341         442,072   

Federal Signal Corp.

     48,256         639,875   

FreightCar America, Inc.

     12,085       188,284   

Global Brass & Copper Holdings, Inc.

     14,391         359,055   

Gorman-Rupp Co. (The)

     10,153         263,267   

Graham Corp.

     7,181         142,974   

Greenbrier Cos., Inc. (The)(a)

     67,095         1,854,506   

Hurco Cos., Inc.

     6,366         210,014   

Hyster-Yale Materials Handling, Inc.

     16,347         1,088,710   

John Bean Technologies Corp.

     10,951         617,746   

Joy Global, Inc.(a)

     203,811         3,275,243   

Kadant, Inc.

     8,067         364,306   

L.B. Foster Co. Class A

     20,440         371,190   

Lindsay Corp.(a)

     4,028         288,445   

Lydall, Inc.*

     10,950         356,094   

Meritor, Inc.*

     100,286         808,305   

Miller Industries, Inc.

     8,664         175,706   

Mueller Water Products, Inc. Class A

     36,496         360,580   

NN, Inc.

     11,804         161,479   

RBC Bearings, Inc.*

     8,796         644,395   

Standex International Corp.

     7,265         565,290   

Sun Hydraulics Corp.

     12,623         418,957   

Tennant Co.

     6,321         325,405   

TriMas Corp.*

     19,481         341,307   

Twin Disc, Inc.

     3,627         36,742   

Wabash National Corp.*

     80,789         1,066,415   

Xerium Technologies, Inc.*

     12,167         63,512   
     

 

 

 
Total Machinery         21,841,530   
Media – 1.3%      

AMC Entertainment Holdings, Inc. Class A

     39,902         1,116,857   

Entercom Communications Corp. Class A*

     23,262         246,112   

Entravision Communications Corp. Class A

     34,230         254,671   

Gray Television, Inc.*

     38,300         448,876   

Hemisphere Media Group, Inc.*(a)

     9,455         124,144   

MSG Networks, Inc. Class A*

     94,262         1,629,790   

National CineMedia, Inc.

     11,498         174,884   

New Media Investment Group, Inc.

     12,064         200,745   

Scholastic Corp.

     4,553         170,146   

Townsquare Media, Inc. Class A*

     11,985         134,352   

Tribune Publishing Co.

     20,025         154,593   

World Wrestling Entertainment, Inc. Class A(a)

     15,241         269,156   
     

 

 

 
Total Media         4,924,326   
Metals & Mining – 0.8%      

Ampco-Pittsburgh Corp.

     1,153         16,038   

Century Aluminum Co.*

     43,867         309,262   

Commercial Metals Co.

     97,208         1,649,620   

Gold Resource Corp.(a)

     35,667         83,104   

Haynes International, Inc.

     9,799         357,664   

Materion Corp.

     13,177         348,927   

Ryerson Holding Corp.*(a)

     54,944         305,489   
     

 

 

 
Total Metals & Mining         3,070,104   
Multi-Utilities – 0.1%      

Unitil Corp.

     7,870         334,396   
Multiline Retail – 0.0%      

Tuesday Morning Corp.*

     17,584         143,837   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      75   


Table of Contents

Schedule of Investments (continued)

WisdomTree SmallCap Earnings Fund (EES)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Oil, Gas & Consumable Fuels – 3.3%      

Alon USA Energy, Inc.

     72,514       $ 748,345   

EP Energy Corp. Class A*(a)

     1,648,792         7,452,540   

Evolution Petroleum Corp.

     9,917         48,197   

Green Plains, Inc.

     24,088         384,444   

Jones Energy, Inc. Class A*(a)

     74,394         247,732   

Oasis Petroleum, Inc.*(a)

     152,082         1,107,157   

Panhandle Oil and Gas, Inc. Class A

     12,764         220,945   

Par Pacific Holdings, Inc.*

     32,849         616,247   

Renewable Energy Group, Inc.*

     15,626         147,509   

REX American Resources Corp.*

     11,323         628,087   

Ring Energy, Inc.*

     1,666         8,413   

SemGroup Corp. Class A

     14,402         322,605   

Synergy Resources Corp.*(a)

     17,864         138,803   
     

 

 

 
Total Oil, Gas & Consumable Fuels         12,071,024   
Paper & Forest Products – 0.7%      

Boise Cascade Co.*

     25,204         522,227   

Clearwater Paper Corp.*

     3,819         185,260   

Deltic Timber Corp.

     756         45,473   

Neenah Paper, Inc.

     11,793         750,742   

PH Glatfelter Co.

     28,105         582,617   

Schweitzer-Mauduit International, Inc.

     21,814         686,705   
     

 

 

 
Total Paper & Forest Products         2,773,024   
Personal Products – 0.6%      

Inter Parfums, Inc.

     13,229         408,776   

Medifast, Inc.

     6,907         208,522   

Nutraceutical International Corp.*

     6,371         155,134   

Revlon, Inc. Class A*

     10,741         391,080   

Synutra International, Inc.*

     60,926         302,802   

USANA Health Sciences, Inc.*

     7,332         890,252   
     

 

 

 
Total Personal Products         2,356,566   
Pharmaceuticals – 0.8%      

ANI Pharmaceuticals, Inc.*(a)

     8,015         269,785   

Aoxing Pharmaceutical Co., Inc.*

     52,224         34,468   

Depomed, Inc.*(a)

     28,183         392,589   

Lannett Co., Inc.*(a)

     38,295         686,629   

Phibro Animal Health Corp. Class A

     19,376         523,927   

Sagent Pharmaceuticals, Inc.*

     17,654         214,849   

Sciclone Pharmaceuticals, Inc.*

     23,823         262,053   

Sucampo Pharmaceuticals, Inc. Class A*

     21,336         233,203   

Supernus Pharmaceuticals, Inc.*

     8,716         132,919   

Teligent, Inc.*(a)

     22,209         108,824   
     

 

 

 
Total Pharmaceuticals         2,859,246   
Professional Services – 1.9%      

Barrett Business Services, Inc.

     4,933         141,824   

CBIZ, Inc.*

     31,988         322,759   

CRA International, Inc.*

     7,044         138,344   

Exponent, Inc.

     8,569         437,105   

Franklin Covey Co.*

     6,992         122,989   

FTI Consulting, Inc.*

     16,450         584,139   

GP Strategies Corp.*

     8,078         221,337   

Heidrick & Struggles International, Inc.

     6,309         149,523   

Hill International, Inc.*

     13,961       47,049   

Huron Consulting Group, Inc.*

     10,084         586,788   

ICF International, Inc.*

     11,140         382,882   

Insperity, Inc.

     8,408         434,946   

Kelly Services, Inc. Class A

     23,771         454,501   

Kforce, Inc.

     17,101         334,838   

Mistras Group, Inc.*

     9,889         244,951   

Navigant Consulting, Inc.*

     30,840         487,580   

Resources Connection, Inc.

     17,518         272,580   

RPX Corp.*

     33,050         372,143   

TriNet Group, Inc.*

     12,897         185,072   

TrueBlue, Inc.*

     27,326         714,575   

WageWorks, Inc.*

     4,738         239,790   
     

 

 

 
Total Professional Services         6,875,715   
Real Estate Investment Trusts (REITs) – 2.5%      

Agree Realty Corp.

     8,941         343,960   

Armada Hoffler Properties, Inc.

     15,401         173,261   

Ashford Hospitality Trust, Inc.

     335,473         2,140,318   

CareTrust REIT, Inc.

     4,226         53,670   

Cedar Realty Trust, Inc.

     4,539         32,817   

Chatham Lodging Trust

     9,372         200,842   

Chesapeake Lodging Trust

     16,906         447,333   

CorEnergy Infrastructure Trust, Inc.(a)

     3,247         65,297   

Easterly Government Properties, Inc.

     2,507         46,430   

Franklin Street Properties Corp.

     20,649         219,086   

Getty Realty Corp.

     8,265         163,895   

Gladstone Commercial Corp.

     1,277         20,917   

Hersha Hospitality Trust

     8,896         189,841   

Independence Realty Trust, Inc.

     27,857         198,342   

Investors Real Estate Trust

     20,754         150,674   

LTC Properties, Inc.

     14,671         663,716   

Monmouth Real Estate Investment Corp. Class A

     10,258         121,968   

Monogram Residential Trust, Inc.

     65,450         645,337   

National Storage Affiliates Trust

     4,061         86,093   

One Liberty Properties, Inc.

     9,667         216,637   

Physicians Realty Trust

     3,785         70,325   

Potlatch Corp.

     13,515         425,723   

Ramco-Gershenson Properties Trust

     15,337         276,526   

Rexford Industrial Realty, Inc.

     621         11,277   

Rouse Properties, Inc.

     17,673         324,830   

Sabra Health Care REIT, Inc.

     28,105         564,629   

Saul Centers, Inc.

     4,376         232,016   

Summit Hotel Properties, Inc.

     19,762         236,551   

Terreno Realty Corp.

     4,742         111,200   

Universal Health Realty Income Trust

     5,954         334,913   

Urstadt Biddle Properties, Inc. Class A

     15,961         334,383   

Whitestone REIT

     3,499         43,982   
     

 

 

 
Total Real Estate Investment Trusts (REITs)         9,146,789   
Real Estate Management & Development – 0.2%      

Consolidated-Tomoka Land Co.

     588         27,131   

Marcus & Millichap, Inc.*

     17,536         445,239   

RE/MAX Holdings, Inc. Class A

     3,211         110,137   

Tejon Ranch Co.*

     1,616         33,241   
     

 

 

 
Total Real Estate Management & Development         615,748   

 

See Notes to Financial Statements.

 

76   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree SmallCap Earnings Fund (EES)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Road & Rail – 2.0%      

ArcBest Corp.

     26,449       $ 571,034   

Celadon Group, Inc.

     27,654         289,814   

Covenant Transportation Group, Inc. Class A*

     23,127         559,442   

Heartland Express, Inc.(a)

     36,318         673,699   

Marten Transport Ltd.

     22,484         420,900   

PAM Transportation Services, Inc.*

     4,940         152,152   

Roadrunner Transportation Systems, Inc.*

     49,918         621,978   

Saia, Inc.*

     27,299         768,467   

Swift Transportation Co.*

     140,877         2,624,539   

Universal Truckload Services, Inc.

     31,807         523,861   

USA Truck, Inc.*

     5,784         108,971   

YRC Worldwide, Inc.*

     24,940         232,441   
     

 

 

 
Total Road & Rail         7,547,298   
Semiconductors & Semiconductor Equipment – 2.4%      

Amkor Technology, Inc.*

     256,343         1,509,860   

Axcelis Technologies, Inc.*

     55,949         156,657   

Brooks Automation, Inc.

     13,178         137,051   

Cabot Microelectronics Corp.

     13,430         549,421   

Cascade Microtech, Inc.*

     7,816         161,166   

Ceva, Inc.*

     951         21,398   

Cohu, Inc.

     5,428         64,485   

Diodes, Inc.*

     19,829         398,563   

DSP Group, Inc.*

     4,498         41,022   

IXYS Corp.

     18,441         206,908   

Mattson Technology, Inc.*

     45,458         165,922   

NeoPhotonics Corp.*

     4,964         69,695   

PDF Solutions, Inc.*

     14,042         187,882   

Photronics, Inc.*

     24,505         255,097   

Power Integrations, Inc.

     8,693         431,694   

Rambus, Inc.*

     178,152         2,449,590   

Rudolph Technologies, Inc.*

     11,187         152,814   

Semtech Corp.*

     909         19,989   

Tessera Technologies, Inc.

     41,482         1,285,942   

Ultra Clean Holdings, Inc.*

     18,837         100,966   

Xcerra Corp.*

     52,247         340,650   
     

 

 

 
Total Semiconductors & Semiconductor Equipment         8,706,772   
Software – 0.9%      

American Software, Inc. Class A

     9,345         84,105   

Ebix, Inc.(a)

     22,786         929,441   

Gigamon, Inc.*

     2,496         77,426   

MicroStrategy, Inc. Class A*

     5,226         939,217   

Monotype Imaging Holdings, Inc.

     12,077         288,882   

Progress Software Corp.*

     7,377         177,933   

QAD, Inc. Class A

     6,400         136,000   

Qualys, Inc.*

     10,531         266,539   

Silver Spring Networks, Inc.*

     12,837         189,346   

TiVo, Inc.*

     36,605         348,113   

Zix Corp.*

     10,961         43,077   
     

 

 

 
Total Software         3,480,079   
Specialty Retail – 5.8%      

America’s Car-Mart, Inc.*(a)

     10,110         252,750   

Big 5 Sporting Goods Corp.

     17,506         194,492   

Boot Barn Holdings, Inc.*

     8,311       78,123   

Buckle, Inc. (The)(a)

     50,470         1,709,419   

Build-A-Bear Workshop, Inc.*

     15,361         199,539   

Caleres, Inc.

     25,952         734,182   

Cato Corp. (The) Class A

     16,137         622,081   

Chico’s FAS, Inc.

     77,443         1,027,669   

Children’s Place, Inc. (The)

     11,089         925,599   

Citi Trends, Inc.

     7,255         129,357   

Conn’s, Inc.*(a)

     17,585         219,109   

Container Store Group, Inc. (The)*(a)

     20,690         121,450   

Express, Inc.*

     53,545         1,146,399   

Finish Line, Inc. (The) Class A

     50,906         1,074,117   

Five Below, Inc.*

     16,577         685,293   

Francesca’s Holdings Corp.*

     19,046         364,921   

Genesco, Inc.*

     18,625         1,345,656   

Guess?, Inc.

     49,728         933,395   

Haverty Furniture Cos., Inc.

     8,538         180,664   

Hibbett Sports, Inc.*(a)

     23,681         850,148   

Kirkland’s, Inc.

     12,270         214,848   

MarineMax, Inc.*

     27,065         526,956   

Outerwall, Inc.(a)

     39,191         1,449,675   

Party City Holdco, Inc.*

     2,265         34,066   

Pier 1 Imports, Inc.

     107,331         752,390   

Rent-A-Center, Inc.

     47,564         753,889   

Select Comfort Corp.*

     39,600         767,844   

Shoe Carnival, Inc.

     12,268         330,745   

Sonic Automotive, Inc. Class A

     36,179         668,588   

Sportsman’s Warehouse Holdings, Inc.*(a)

     16,917         213,154   

Stage Stores, Inc.

     38,095         307,046   

Stein Mart, Inc.

     41,088         301,175   

Tailored Brands, Inc.

     37,452         670,391   

Tile Shop Holdings, Inc.*

     8,451         126,004   

Vitamin Shoppe, Inc.*

     18,441         570,933   

West Marine, Inc.*

     6,363         57,840   

Winmark Corp.

     2,541         248,967   

Zumiez, Inc.*(a)

     31,048         618,476   
     

 

 

 
Total Specialty Retail         21,407,350   
Technology Hardware, Storage & Peripherals – 0.7%      

Avid Technology, Inc.*

     2,724         18,414   

Cray, Inc.*

     26,376         1,105,418   

Immersion Corp.*

     2,572         21,245   

Super Micro Computer, Inc.*

     42,722         1,455,966   
     

 

 

 
Total Technology Hardware, Storage & Peripherals         2,601,043   
Textiles, Apparel & Luxury Goods – 1.7%      

Cherokee, Inc.*

     5,777         102,773   

Culp, Inc.

     6,537         171,400   

Deckers Outdoor Corp.*

     29,729         1,781,064   

Iconix Brand Group, Inc.*(a)

     99,832         803,648   

Movado Group, Inc.

     18,691         514,563   

Oxford Industries, Inc.

     9,709         652,736   

Superior Uniform Group, Inc.

     7,782         138,675   

Tumi Holdings, Inc.*

     36,423         976,865   

Unifi, Inc.*

     15,173         347,614   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      77   


Table of Contents

Schedule of Investments (concluded)

WisdomTree SmallCap Earnings Fund (EES)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Vera Bradley, Inc.*

     17,692       $ 359,855   

Vince Holding Corp.*(a)

     47,304         299,434   
     

 

 

 
Total Textiles, Apparel & Luxury Goods         6,148,627   
Thrifts & Mortgage Finance – 3.1%      

Anchor BanCorp Wisconsin, Inc.*

     26,557         1,196,658   

Astoria Financial Corp.

     43,984         696,707   

Bank Mutual Corp.

     15,619         118,236   

BankFinancial Corp.

     28,125         332,438   

Beneficial Bancorp, Inc.*

     14,555         199,258   

BofI Holding, Inc.*(a)

     40,289         859,767   

Cape Bancorp, Inc.

     7,596         102,090   

Clifton Bancorp, Inc.

     5,329         80,575   

Dime Community Bancshares, Inc.

     22,381         394,353   

Federal Agricultural Mortgage Corp. Class C

     10,504         396,316   

First Defiance Financial Corp.

     5,696         218,783   

First Financial Northwest, Inc.

     6,231         82,062   

Flagstar Bancorp, Inc.*

     38,248         820,802   

Fox Chase Bancorp, Inc.

     4,044         78,130   

Hingham Institution for Savings

     1,196         142,456   

HomeStreet, Inc.*

     12,192         253,716   

Impac Mortgage Holdings, Inc.*(a)

     32,269         447,571   

Kearny Financial Corp.

     4,095         50,573   

LendingTree, Inc.*(a)

     1,879         183,729   

Meridian Bancorp, Inc.

     14,428         200,838   

Meta Financial Group, Inc.

     3,468         158,141   

Northfield Bancorp, Inc.

     10,392         170,845   

Northwest Bancshares, Inc.

     38,388         518,622   

OceanFirst Financial Corp.

     8,824         156,008   

Oritani Financial Corp.

     26,359         447,312   

PennyMac Financial Services, Inc. Class A*

     23,194         272,761   

Provident Financial Services, Inc.

     35,773         722,257   

Territorial Bancorp, Inc.

     4,541         118,338   

TrustCo Bank Corp.

     60,240         365,054   

United Community Financial Corp.

     23,070         135,421   

United Financial Bancorp, Inc.

     26,981         339,691   

Walker & Dunlop, Inc.*

     22,892         555,589   

Waterstone Financial, Inc.

     9,999         136,786   

WSFS Financial Corp.

     13,923         452,776   
     

 

 

 
Total Thrifts & Mortgage Finance         11,404,659   
Tobacco – 0.3%      

Universal Corp.

     19,022         1,080,640   
Trading Companies & Distributors – 1.7%      

Applied Industrial Technologies, Inc.

     28,138         1,221,189   

BMC Stock Holdings, Inc.*

     9,156         152,173   

CAI International, Inc.*

     61,969         598,620   

DXP Enterprises, Inc.*

     7,550         132,578   

H&E Equipment Services, Inc.

     30,765         539,310   

Houston Wire & Cable Co.

     16,041         112,127   

Kaman Corp.

     16,590         708,227   

Lawson Products, Inc.*(a)

     569         11,141   

MRC Global, Inc.*

     68,570         901,010   

Rush Enterprises, Inc. Class A*

     39,991         729,436   

TAL International Group, Inc.*

     66,999       1,034,465   

Veritiv Corp.*

     699         26,045   
     

 

 

 
Total Trading Companies & Distributors         6,166,321   
Transportation Infrastructure – 0.3%      

Wesco Aircraft Holdings, Inc.*

     69,365         998,162   
Water Utilities – 0.7%      

American States Water Co.

     15,895         625,627   

Artesian Resources Corp. Class A

     4,885         136,585   

California Water Service Group

     26,045         695,922   

Connecticut Water Service, Inc.

     6,755         304,651   

Middlesex Water Co.

     7,651         236,033   

SJW Corp.

     10,808         392,871   

York Water Co. (The)

     5,856         178,725   
     

 

 

 
Total Water Utilities         2,570,414   
Wireless Telecommunication Services – 0.2%      

Shenandoah Telecommunications Co.

     17,497         468,045   

Spok Holdings, Inc.

     11,064         193,730   
     

 

 

 
Total Wireless Telecommunication Services               661,775   
Total United States               364,800,757   

TOTAL COMMON STOCKS

(Cost: $366,805,219)

              367,857,581   
RIGHTS – 0.0%      
United States – 0.0%      
Vince Holding Corp., expiring 4/14/16*(a) (Cost $0)      47,304         12,529   
EXCHANGE-TRADED FUND – 0.3%      
United States – 0.3%      
WisdomTree MidCap Earnings Fund(b)
(Cost: $1,179,390)
     14,290         1,288,529   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 12.8%   
United States – 12.8%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

(Cost: $47,210,603)(d)

     47,210,603         47,210,603   

TOTAL INVESTMENTS IN SECURITIES – 112.5%

(Cost: $415,195,212)

  

  

     416,369,242   

Liabilities in Excess of Cash and Other Assets – (12.5)%

  

     (46,404,561
     

 

 

 
NET ASSETS – 100.0%             $ 369,964,681   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Affiliated company (See Note 3).

 

(c) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(d) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $46,400,922 and the total market value of the collateral held by the Fund was $47,795,873. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $585,270.

 

See Notes to Financial Statements.

 

78   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments

WisdomTree Total Dividend Fund (DTD)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.5%      
United States – 99.5%      
Aerospace & Defense – 2.5%      

American Science & Engineering, Inc.

     378       $ 10,467   

B/E Aerospace, Inc.

     2,057         94,869   

Boeing Co. (The)

     17,864         2,267,656   

General Dynamics Corp.

     6,819         895,812   

Honeywell International, Inc.

     19,729         2,210,634   

Huntington Ingalls Industries, Inc.

     924         126,533   

L-3 Communications Holdings, Inc.

     2,044         242,214   

Lockheed Martin Corp.

     9,887         2,189,970   

Northrop Grumman Corp.

     3,430         678,797   

Orbital ATK, Inc.

     967         84,071   

Raytheon Co.

     6,890         844,921   

Rockwell Collins, Inc.

     2,247         207,196   

United Technologies Corp.

     25,935         2,596,093   
     

 

 

 
Total Aerospace & Defense               12,449,233   
Air Freight & Logistics – 0.6%      

C.H. Robinson Worldwide, Inc.

     3,815         283,187   

Expeditors International of Washington, Inc.

     3,851         187,967   

FedEx Corp.

     2,091         340,248   

United Parcel Service, Inc. Class B

     22,184         2,339,747   
     

 

 

 
Total Air Freight & Logistics               3,151,149   
Airlines – 0.2%      

Alaska Air Group, Inc.

     1,090         89,402   

American Airlines Group, Inc.

     6,519         267,344   

Delta Air Lines, Inc.

     9,137         444,789   

Southwest Airlines Co.

     4,660         208,768   
     

 

 

 
Total Airlines               1,010,303   
Auto Components – 0.3%      

BorgWarner, Inc.

     2,851         109,478   

Gentex Corp.

     7,854         123,229   

Goodyear Tire & Rubber Co. (The)

     3,597         118,629   

Johnson Controls, Inc.

     19,410         756,408   

Lear Corp.

     911         101,276   

Spartan Motors, Inc.

     6,522         25,762   

Unique Fabricating, Inc.

     1,814         22,403   
     

 

 

 
Total Auto Components               1,257,185   
Automobiles – 1.0%      

Ford Motor Co.

     182,231         2,460,118   

General Motors Co.

     68,513         2,153,364   

Harley-Davidson, Inc.

     5,365         275,385   

Thor Industries, Inc.

     1,867         119,059   
     

 

 

 
Total Automobiles               5,007,926   
Banks – 5.5%      

American National Bankshares, Inc.

     957         24,241   

Arrow Financial Corp.

     1,648         43,787   

Associated Banc-Corp.

     5,728         102,760   

Banc of California, Inc.

     3,477         60,848   

Bank of America Corp.

     132,198         1,787,317   

Bank of Hawaii Corp.

     2,014         137,516   

Bank of the Ozarks, Inc.

     1,790         75,126   

BankUnited, Inc.

     3,684       126,877   

Bar Harbor Bankshares

     714         23,719   

BB&T Corp.

     24,639         819,740   

BCB Bancorp, Inc.

     2,218         22,202   

BOK Financial Corp.(a)

     2,448         133,710   

Cathay General Bancorp

     3,171         89,834   

CIT Group, Inc.

     2,629         81,578   

Citigroup, Inc.

     13,026         543,835   

Citizens Financial Group, Inc.

     9,390         196,721   

CNB Financial Corp.

     1,365         24,010   

Comerica, Inc.

     4,267         161,591   

Commerce Bancshares, Inc.

     2,868         128,917   

Community Bank System, Inc.

     1,398         53,418   

Cullen/Frost Bankers, Inc.(a)

     2,170         119,589   

CVB Financial Corp.

     4,848         84,598   

East West Bancorp, Inc.

     3,522         114,395   

Enterprise Bancorp, Inc.

     970         25,453   

Fifth Third Bancorp

     23,676         395,152   

Financial Institutions, Inc.

     1,071         31,134   

First Business Financial Services, Inc.

     938         21,508   

First Community Bancshares, Inc.

     1,248         24,760   

First Connecticut Bancorp, Inc.

     1,400         22,344   

First Financial Corp.

     927         31,713   

First Horizon National Corp.

     6,307         82,622   

First Niagara Financial Group, Inc.

     12,500         121,000   

First Republic Bank

     2,108         140,477   

FirstMerit Corp.

     8,452         177,915   

FNB Corp.

     10,120         131,661   

Fulton Financial Corp.

     7,398         98,985   

Glacier Bancorp, Inc.

     3,367         85,589   

Hancock Holding Co.

     4,891         112,297   

Heritage Commerce Corp.

     2,227         22,292   

Horizon Bancorp

     892         22,050   

Huntington Bancshares, Inc.

     24,507         233,797   

Iberiabank Corp.

     1,456         74,649   

Independent Bank Corp.

     1,547         22,509   

Investors Bancorp, Inc.

     6,964         81,061   

JPMorgan Chase & Co.

     106,483         6,305,923   

KeyCorp

     21,148         233,474   

M&T Bank Corp.

     4,453         494,283   

Macatawa Bank Corp.

     3,892         24,325   

MB Financial, Inc.

     2,598         84,305   

MidSouth Bancorp, Inc.

     2,327         17,755   

MidWestOne Financial Group, Inc.

     785         21,548   

National Penn Bancshares, Inc.

     5,861         62,361   

Old National Bancorp

     7,524         91,718   

Pacific Continental Corp.

     1,568         25,292   

PacWest Bancorp

     5,684         211,161   

Park National Corp.

     1,097         98,730   

Park Sterling Corp.

     3,175         21,177   

Peapack Gladstone Financial Corp.

     1,094         18,489   

Penns Woods Bancorp, Inc.

     1,069         41,199   

People’s United Financial, Inc.

     14,859         236,704   

Peoples Bancorp, Inc.

     1,259         24,601   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      79   


Table of Contents

Schedule of Investments (continued)

WisdomTree Total Dividend Fund (DTD)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

PNC Financial Services Group, Inc. (The)

     12,119       $ 1,024,904   

Prosperity Bancshares, Inc.

     2,249         104,331   

QCR Holdings, Inc.

     1,019         24,303   

Regions Financial Corp.

     34,126         267,889   

Shore Bancshares, Inc.

     2,165         25,937   

Sierra Bancorp

     1,284         23,305   

Stonegate Bank

     725         21,721   

Suffolk Bancorp

     829         20,924   

SunTrust Banks, Inc.

     12,350         445,588   

Synovus Financial Corp.

     2,752         79,560   

TCF Financial Corp.

     4,662         57,156   

Trustmark Corp.

     4,340         99,950   

U.S. Bancorp

     45,070         1,829,391   

UMB Financial Corp.

     1,580         81,575   

Umpqua Holdings Corp.

     10,628         168,560   

United Bankshares, Inc.

     3,531         129,588   

Univest Corp. of Pennsylvania

     2,881         56,208   

Valley National Bancorp

     15,592         148,748   

Webster Financial Corp.

     3,072         110,285   

Wells Fargo & Co.

     151,973         7,349,414   

West Bancorp, Inc.

     1,187         21,639   

Zions Bancorp

     3,154         76,358   
     

 

 

 
Total Banks               27,095,676   
Beverages – 2.6%      

Brown-Forman Corp. Class A

     1,392         148,512   

Brown-Forman Corp. Class B

     1,824         179,609   

Coca-Cola Co. (The)

     143,399         6,652,280   

Coca-Cola Enterprises, Inc.

     5,438         275,924   

Constellation Brands, Inc. Class A

     1,501         226,786   

Dr. Pepper Snapple Group, Inc.

     4,248         379,856   

Molson Coors Brewing Co. Class B

     3,025         290,945   

PepsiCo, Inc.

     43,863         4,495,080   
     

 

 

 
Total Beverages               12,648,992   
Biotechnology – 1.9%      

AbbVie, Inc.

     73,005         4,170,046   

Amgen, Inc.

     16,411         2,460,501   

Baxalta, Inc.

     5,307         214,403   

Gilead Sciences, Inc.

     26,181         2,404,987   

PDL BioPharma, Inc.

     21,828         72,687   
     

 

 

 
Total Biotechnology               9,322,624   
Building Products – 0.1%      

A.O. Smith Corp.

     1,264         96,456   

Fortune Brands Home & Security, Inc.

     2,373         132,983   

Lennox International, Inc.

     663         89,631   

Masco Corp.

     5,006         157,439   

Owens Corning

     2,348         111,013   
     

 

 

 
Total Building Products               587,522   
Capital Markets – 1.8%      

Ameriprise Financial, Inc.

     4,404         414,020   

Arlington Asset Investment Corp. Class A(a)

     3,624         45,409   

Artisan Partners Asset Management, Inc. Class A

     2,502         77,162   

Bank of New York Mellon Corp. (The)

     19,992         736,305   

BGC Partners, Inc. Class A

     17,953       162,475   

BlackRock, Inc.

     4,574         1,557,767   

Calamos Asset Management, Inc. Class A

     2,596         22,040   

Charles Schwab Corp. (The)

     10,696         299,702   

Cohen & Steers, Inc.

     2,379         92,591   

Eaton Vance Corp.

     4,332         145,208   

Evercore Partners, Inc. Class A

     1,602         82,903   

FBR & Co.

     1,160         20,984   

Federated Investors, Inc. Class B

     4,715         136,028   

Franklin Resources, Inc.

     10,194         398,076   

Goldman Sachs Group, Inc. (The)

     6,586         1,033,870   

Greenhill & Co., Inc.

     2,920         64,824   

Houlihan Lokey, Inc.

     1,020         25,398   

Janus Capital Group, Inc.

     7,516         109,959   

Legg Mason, Inc.

     2,471         85,694   

LPL Financial Holdings, Inc.(a)

     2,718         67,406   

Manning & Napier, Inc.

     2,871         23,169   

Morgan Stanley

     37,275         932,248   

Northern Trust Corp.

     5,298         345,271   

NorthStar Asset Management Group, Inc.

     7,285         82,685   

Oppenheimer Holdings, Inc. Class A

     1,451         22,897   

Raymond James Financial, Inc.

     2,329         110,884   

SEI Investments Co.

     2,518         108,400   

Silvercrest Asset Management Group, Inc. Class A

     1,952         24,868   

State Street Corp.

     8,860         518,487   

T. Rowe Price Group, Inc.

     7,389         542,796   

TD Ameritrade Holding Corp.

     11,502         362,658   

Virtu Financial, Inc. Class A

     1,997         44,154   

Waddell & Reed Financial, Inc. Class A

     4,602         108,331   
     

 

 

 
Total Capital Markets         8,804,669   
Chemicals – 2.1%      

A. Schulman, Inc.

     1,676         45,621   

Air Products & Chemicals, Inc.

     5,618         809,273   

Airgas, Inc.

     1,344         190,364   

Albemarle Corp.

     2,821         180,347   

Ashland, Inc.

     1,008         110,840   

Axiall Corp.

     3,255         71,089   

Cabot Corp.

     2,189         105,794   

Celanese Corp. Series A

     3,116         204,098   

CF Industries Holdings, Inc.

     7,364         230,788   

Chemours Co. (The)

     4,067         28,469   

Dow Chemical Co. (The)

     42,001         2,136,171   

E.I. du Pont de Nemours & Co.

     19,989         1,265,703   

Eastman Chemical Co.

     3,739         270,068   

Ecolab, Inc.

     3,779         421,434   

FMC Corp.

     2,356         95,112   

FutureFuel Corp.

     3,580         42,208   

Huntsman Corp.

     12,319         163,843   

Innophos Holdings, Inc.

     2,135         65,993   

International Flavors & Fragrances, Inc.

     1,895         215,594   

KMG Chemicals, Inc.

     956         22,055   

Kronos Worldwide, Inc.(a)

     12,147         69,481   

Monsanto Co.

     10,395         912,057   

 

See Notes to Financial Statements.

 

80   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree Total Dividend Fund (DTD)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Mosaic Co. (The)

     12,917       $ 348,759   

NewMarket Corp.

     231         91,536   

Olin Corp.

     6,910         120,027   

PPG Industries, Inc.

     4,006         446,629   

Praxair, Inc.

     8,189         937,231   

Rayonier Advanced Materials, Inc.

     2,533         24,063   

RPM International, Inc.

     3,443         162,957   

Scotts Miracle-Gro Co. (The) Class A

     2,221         161,622   

Sensient Technologies Corp.

     1,286         81,610   

Sherwin-Williams Co. (The)

     1,047         298,049   

Valhi, Inc.(a)

     5,976         7,052   

Valspar Corp. (The)

     1,356         145,119   

Westlake Chemical Corp.

     1,974         91,396   
     

 

 

 
Total Chemicals         10,572,452   
Commercial Services & Supplies – 0.7%      

ADT Corp. (The)

     5,257         216,904   

Brady Corp. Class A

     2,554         68,549   

CECO Environmental Corp.

     3,287         20,412   

Cintas Corp.

     1,791         160,850   

Covanta Holding Corp.

     8,382         141,321   

Deluxe Corp.

     1,513         94,547   

Ennis, Inc.

     1,992         38,944   

Healthcare Services Group, Inc.

     2,657         97,804   

HNI Corp.

     2,326         91,109   

KAR Auction Services, Inc.

     5,150         196,421   

McGrath RentCorp

     2,365         59,314   

Mobile Mini, Inc.

     1,430         47,219   

MSA Safety, Inc.

     1,711         82,727   

Pitney Bowes, Inc.

     8,565         184,490   

Quad/Graphics, Inc.

     5,003         64,739   

R.R. Donnelley & Sons Co.

     17,074         280,014   

Republic Services, Inc.

     10,659         507,901   

Rollins, Inc.

     4,443         120,494   

Waste Connections, Inc.(a)

     1,669         107,801   

Waste Management, Inc.

     14,459         853,081   

West Corp.

     4,477         102,165   
     

 

 

 
Total Commercial Services & Supplies         3,536,806   
Communications Equipment – 1.2%      

Alliance Fiber Optic Products, Inc.*

     1,592         23,546   

Black Box Corp.

     2,384         32,112   

Brocade Communications Systems, Inc.

     9,100         96,278   

Cisco Systems, Inc.

     172,824         4,920,299   

Comtech Telecommunications Corp.

     1,531         35,779   

Harris Corp.

     3,281         255,459   

Juniper Networks, Inc.

     5,821         148,494   

Motorola Solutions, Inc.

     4,468         338,228   

TESSCO Technologies, Inc.

     1,177         19,597   
     

 

 

 
Total Communications Equipment         5,869,792   
Construction & Engineering – 0.1%      

Fluor Corp.

     3,369         180,916   

KBR, Inc.

     4,461         69,056   
     

 

 

 
Total Construction & Engineering         249,972   
Construction Materials – 0.1%      

Martin Marietta Materials, Inc.

     888       $ 141,645   

United States Lime & Minerals, Inc.

     423         25,384   

Vulcan Materials Co.

     789         83,295   
     

 

 

 
Total Construction Materials         250,324   
Consumer Finance – 0.5%      

American Express Co.

     17,163         1,053,808   

Capital One Financial Corp.

     11,893         824,304   

Discover Financial Services

     9,291         473,098   

Navient Corp.

     19,829         237,353   

Nelnet, Inc. Class A

     1,324         52,126   
     

 

 

 
Total Consumer Finance         2,640,689   
Containers & Packaging – 0.5%      

AptarGroup, Inc.

     1,550         121,535   

Avery Dennison Corp.

     2,335         168,377   

Ball Corp.

     1,362         97,097   

Bemis Co., Inc.

     3,323         172,065   

Graphic Packaging Holding Co.

     5,467         70,251   

Greif, Inc. Class A

     1,234         40,414   

Greif, Inc. Class B

     1,890         88,452   

International Paper Co.

     19,972         819,651   

Packaging Corp. of America

     3,475         209,890   

Sealed Air Corp.

     3,305         158,673   

Sonoco Products Co.

     4,154         201,760   

WestRock Co.

     8,969         350,060   
     

 

 

 
Total Containers & Packaging         2,498,225   
Distributors – 0.1%      

Genuine Parts Co.

     4,571         454,175   

Pool Corp.

     602         52,819   

Weyco Group, Inc.

     870         23,159   
     

 

 

 
Total Distributors         530,153   
Diversified Consumer Services – 0.1%      

Collectors Universe, Inc.

     1,229         20,401   

DeVry Education Group, Inc.(a)

     1,012         17,477   

H&R Block, Inc.

     8,090         213,738   

Liberty Tax, Inc.

     1,098         21,510   

Service Corp. International

     4,240         104,643   
     

 

 

 
Total Diversified Consumer Services         377,769   
Diversified Financial Services – 0.5%      

CBOE Holdings, Inc.

     1,583         103,417   

CME Group, Inc.

     7,936         762,253   

FactSet Research Systems, Inc.

     676         102,434   

Intercontinental Exchange, Inc.

     1,533         360,470   

Leucadia National Corp.

     5,325         86,105   

Marlin Business Services Corp.

     1,435         20,535   

McGraw Hill Financial, Inc.

     4,118         407,600   

Moody’s Corp.

     3,084         297,791   

MSCI, Inc.

     1,534         113,639   

Nasdaq, Inc.

     2,705         179,558   
     

 

 

 
Total Diversified Financial Services         2,433,802   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      81   


Table of Contents

Schedule of Investments (continued)

WisdomTree Total Dividend Fund (DTD)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Diversified Telecommunication Services – 5.8%      

AT&T, Inc.

     368,810       $ 14,446,288   

CenturyLink, Inc.

     51,021         1,630,631   

Cogent Communications Holdings, Inc.

     2,952         115,216   

Consolidated Communications Holdings, Inc.

     5,689         146,549   

Frontier Communications Corp.

     109,427         611,697   

Verizon Communications, Inc.

     216,899         11,729,898   

Windstream Holdings, Inc.(a)

     13,518         103,818   
     

 

 

 
Total Diversified Telecommunication Services         28,784,097   
Electric Utilities – 3.7%      

ALLETE, Inc.

     3,025         169,612   

American Electric Power Co., Inc.

     21,667         1,438,689   

Cleco Corp.

     2,114         116,714   

Duke Energy Corp.

     35,131         2,834,369   

Edison International

     8,962         644,278   

El Paso Electric Co.

     2,544         116,719   

Empire District Electric Co. (The)

     3,381         111,742   

Entergy Corp.

     8,980         711,934   

Eversource Energy

     11,102         647,691   

Exelon Corp.

     46,583         1,670,466   

FirstEnergy Corp.

     19,165         689,365   

Great Plains Energy, Inc.

     6,385         205,916   

Hawaiian Electric Industries, Inc.

     4,918         159,343   

IDACORP, Inc.

     2,176         162,308   

ITC Holdings Corp.

     3,570         155,545   

NextEra Energy, Inc.

     15,403         1,822,791   

OGE Energy Corp.

     8,755         250,656   

Otter Tail Corp.

     3,677         108,913   

PG&E Corp.

     18,393         1,098,430   

Pinnacle West Capital Corp.

     4,711         353,655   

PNM Resources, Inc.

     3,842         129,552   

Portland General Electric Co.

     3,260         128,737   

PPL Corp.

     32,976         1,255,396   

Southern Co. (The)

     46,855         2,423,809   

Westar Energy, Inc.

     5,286         262,239   

Xcel Energy, Inc.

     19,942         833,974   
     

 

 

 
Total Electric Utilities         18,502,843   
Electrical Equipment – 0.5%      

AMETEK, Inc.

     2,216         110,756   

Emerson Electric Co.

     28,573         1,553,800   

General Cable Corp.

     4,219         51,514   

Hubbell, Inc.

     1,829         193,746   

Rockwell Automation, Inc.

     3,943         448,516   
     

 

 

 
Total Electrical Equipment         2,358,332   
Electronic Equipment, Instruments & Components – 0.3%      

Amphenol Corp. Class A

     3,550         205,261   

Avnet, Inc.

     2,372         105,080   

AVX Corp.

     9,477         119,126   

CDW Corp.

     1,736         72,044   

Corning, Inc.

     32,190         672,449   

Electro Rent Corp.

     579         5,361   

Electro Scientific Industries, Inc.*

     4,486         32,075   

FEI Co.

     939         83,580   

FLIR Systems, Inc.

     3,093       101,914   

Ingram Micro, Inc. Class A

     1,667         59,862   

Jabil Circuit, Inc.

     4,140         79,778   

National Instruments Corp.

     4,372         131,641   

Park Electrochemical Corp.

     1,465         23,455   
     

 

 

 
Total Electronic Equipment, Instruments & Components         1,691,626   
Energy Equipment & Services – 0.5%      

Archrock, Inc.

     5,172         41,376   

Baker Hughes, Inc.

     7,035         308,344   

Bristow Group, Inc.

     2,008         37,991   

Gulf Island Fabrication, Inc.

     2,587         20,308   

Halliburton Co.

     17,827         636,780   

Helmerich & Payne, Inc.(a)

     5,634         330,829   

National Oilwell Varco, Inc.

     21,696         674,746   

Oceaneering International, Inc.

     2,877         95,632   

Patterson-UTI Energy, Inc.

     5,156         90,849   

Superior Energy Services, Inc.

     3,514         47,052   

U.S. Silica Holdings, Inc.

     1,317         29,922   
     

 

 

 
Total Energy Equipment & Services         2,313,829   
Food & Staples Retailing – 2.7%      

Costco Wholesale Corp.

     4,646         732,117   

CVS Health Corp.

     17,496         1,814,860   

Kroger Co. (The)

     10,839         414,592   

SpartanNash Co.

     1,244         37,706   

Sysco Corp.

     17,976         840,018   

Village Super Market, Inc. Class A

     913         22,058   

Wal-Mart Stores, Inc.

     112,323         7,693,002   

Walgreens Boots Alliance, Inc.

     20,666         1,740,904   

Whole Foods Market, Inc.

     6,098         189,709   
     

 

 

 
Total Food & Staples Retailing         13,484,966   
Food Products – 2.3%      

Archer-Daniels-Midland Co.

     20,359         739,235   

B&G Foods, Inc.

     3,453         120,199   

Cal-Maine Foods, Inc.(a)

     3,439         178,519   

Campbell Soup Co.

     7,849         500,688   

ConAgra Foods, Inc.

     11,623         518,618   

Flowers Foods, Inc.

     6,993         129,091   

General Mills, Inc.

     18,952         1,200,609   

Hershey Co. (The)

     4,447         409,524   

Hormel Foods Corp.

     8,532         368,924   

Ingredion, Inc.

     1,791         191,261   

J.M. Smucker Co. (The)

     2,802         363,812   

Kellogg Co.

     10,648         815,104   

Kraft Heinz Co. (The)

     42,399         3,330,865   

Lancaster Colony Corp.

     795         87,903   

McCormick & Co., Inc. Non-Voting Shares

     2,813         279,837   

Mead Johnson Nutrition Co.

     4,288         364,351   

Mondelez International, Inc. Class A

     26,754         1,073,371   

Pinnacle Foods, Inc.

     3,737         166,969   

Snyder’s-Lance, Inc.

     2,547         80,180   

Tyson Foods, Inc. Class A

     3,561         237,376   
     

 

 

 
Total Food Products         11,156,436   

 

See Notes to Financial Statements.

 

82   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree Total Dividend Fund (DTD)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Gas Utilities – 0.4%      

AGL Resources, Inc.

     4,048       $ 263,687   

Atmos Energy Corp.

     3,326         246,989   

Laclede Group, Inc. (The)

     2,219         150,337   

National Fuel Gas Co.

     3,626         181,481   

New Jersey Resources Corp.

     2,848         103,753   

Northwest Natural Gas Co.

     2,037         109,692   

ONE Gas, Inc.

     1,697         103,687   

Piedmont Natural Gas Co., Inc.

     2,128         127,318   

Questar Corp.

     7,994         198,251   

South Jersey Industries, Inc.

     3,954         112,491   

Southwest Gas Corp.

     1,810         119,188   

UGI Corp.

     4,868         196,132   

WGL Holdings, Inc.

     2,191         158,563   
     

 

 

 
Total Gas Utilities         2,071,569   
Health Care Equipment & Supplies – 0.8%      

Abbott Laboratories

     34,095         1,426,194   

Baxter International, Inc.

     7,555         310,359   

Becton, Dickinson and Co.

     3,746         568,718   

C.R. Bard, Inc.

     416         84,311   

CryoLife, Inc.

     2,268         24,381   

Hill-Rom Holdings, Inc.

     899         45,220   

LeMaitre Vascular, Inc.

     1,481         22,985   

Meridian Bioscience, Inc.

     3,967         81,760   

ResMed, Inc.

     3,542         204,798   

St. Jude Medical, Inc.

     5,388         296,340   

Stryker Corp.

     5,869         629,685   

Teleflex, Inc.

     706         110,849   

Zimmer Biomet Holdings, Inc.

     1,839         196,092   
     

 

 

 
Total Health Care Equipment & Supplies         4,001,692   
Health Care Providers & Services – 1.1%      

Aetna, Inc.

     3,575         401,651   

AmerisourceBergen Corp.

     2,912         252,034   

Anthem, Inc.

     4,847         673,685   

Cardinal Health, Inc.

     6,342         519,727   

HealthSouth Corp.

     3,020         113,643   

Humana, Inc.

     1,098         200,879   

Kindred Healthcare, Inc.

     4,141         51,141   

Landauer, Inc.

     1,195         39,519   

McKesson Corp.

     1,574         247,511   

National Healthcare Corp.

     1,040         64,792   

Owens & Minor, Inc.

     2,688         108,649   

Patterson Cos., Inc.

     2,775         129,121   

Quest Diagnostics, Inc.

     3,607         257,720   

UnitedHealth Group, Inc.

     17,445         2,248,660   
     

 

 

 
Total Health Care Providers & Services         5,308,732   
Health Care Technology – 0.0%      

Computer Programs & Systems, Inc.(a)

     629         32,783   
Hotels, Restaurants & Leisure – 2.4%      

Aramark

     3,519         116,549   

Bob Evans Farms, Inc.

     1,194         55,748   

Brinker International, Inc.

     2,413         110,877   

Cracker Barrel Old Country Store, Inc.(a)

     968         147,785   

Darden Restaurants, Inc.

     5,281       $ 350,130   

DineEquity, Inc.

     1,096         102,399   

Domino’s Pizza, Inc.

     775         102,192   

Dunkin’ Brands Group, Inc.

     2,525         119,104   

Hilton Worldwide Holdings, Inc.

     13,794         310,641   

Interval Leisure Group, Inc.(a)

     1,950         28,158   

Las Vegas Sands Corp.

     53,155         2,747,051   

Marriott International, Inc. Class A(a)

     4,199         298,885   

McDonald’s Corp.

     29,604         3,720,631   

Peak Resorts, Inc.

     3,331         11,325   

SeaWorld Entertainment, Inc.(a)

     5,565         117,199   

Six Flags Entertainment Corp.

     4,463         247,652   

Starbucks Corp.

     21,002         1,253,819   

Starwood Hotels & Resorts Worldwide, Inc.

     4,507         376,019   

Texas Roadhouse, Inc.

     2,152         93,784   

Vail Resorts, Inc.

     957         127,951   

Wendy’s Co. (The)

     7,375         80,314   

Wyndham Worldwide Corp.

     2,914         222,717   

Wynn Resorts Ltd.(a)

     3,596         335,974   

Yum! Brands, Inc.

     11,768         963,211   
     

 

 

 
Total Hotels, Restaurants & Leisure         12,040,115   
Household Durables – 0.3%      

D.R. Horton, Inc.

     4,957         149,850   

Harman International Industries, Inc.

     1,239         110,321   

Hooker Furniture Corp.

     931         30,583   

Leggett & Platt, Inc.

     4,863         235,369   

Lifetime Brands, Inc.

     1,797         27,081   

MDC Holdings, Inc.

     3,313         83,024   

Newell Rubbermaid, Inc.

     5,076         224,816   

PulteGroup, Inc.

     7,564         141,522   

Tupperware Brands Corp.

     2,850         165,243   

Whirlpool Corp.

     2,002         361,041   
     

 

 

 
Total Household Durables         1,528,850   
Household Products – 2.4%      

Church & Dwight Co., Inc.

     2,334         215,148   

Clorox Co. (The)

     3,349         422,175   

Colgate-Palmolive Co.

     22,083         1,560,164   

Energizer Holdings, Inc.

     1,799         72,878   

Kimberly-Clark Corp.

     11,318         1,522,384   

Oil-Dri Corp. of America

     660         22,295   

Procter & Gamble Co. (The)

     97,968         8,063,746   

Spectrum Brands Holdings, Inc.

     968         105,783   
     

 

 

 
Total Household Products         11,984,573   
Independent Power & Renewable Electricity Producers – 0.2%      

AES Corp.

     30,443         359,227   

NRG Energy, Inc.

     18,238         237,276   

NRG Yield, Inc. Class C

     6,649         94,682   

Pattern Energy Group, Inc.

     5,854         111,636   

TerraForm Global, Inc. Class A*

     12,487         29,719   
     

 

 

 
Total Independent Power & Renewable Electricity
Producers
         832,540   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      83   


Table of Contents

Schedule of Investments (continued)

WisdomTree Total Dividend Fund (DTD)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Industrial Conglomerates – 2.7%      

3M Co.

     17,168       $ 2,860,704   

Carlisle Cos., Inc.

     1,056         105,072   

Danaher Corp.

     4,378         415,297   

General Electric Co.

     302,431         9,614,282   

Roper Technologies, Inc.

     568         103,813   
     

 

 

 
Total Industrial Conglomerates         13,099,168   
Insurance – 2.4%      

Aflac, Inc.

     13,081         825,934   

Allstate Corp. (The)

     8,059         542,935   

American Financial Group, Inc.

     1,682         118,362   

American International Group, Inc.

     23,976         1,295,903   

American National Insurance Co.

     1,342         155,001   

AmTrust Financial Services, Inc.

     4,045         104,685   

Arthur J. Gallagher & Co.

     5,992         266,524   

Assurant, Inc.

     1,712         132,081   

Baldwin & Lyons, Inc. Class B

     1,477         36,349   

Brown & Brown, Inc.

     2,665         95,407   

Cincinnati Financial Corp.

     5,440         355,558   

CNA Financial Corp.

     7,712         248,172   

CNO Financial Group, Inc.

     4,232         75,837   

Crawford & Co. Class B

     4,060         26,309   

Donegal Group, Inc. Class A

     2,231         32,082   

Erie Indemnity Co. Class A

     1,493         138,834   

First American Financial Corp.

     3,424         130,489   

FNF Group

     3,729         126,413   

Hanover Insurance Group, Inc. (The)

     1,379         124,413   

Hartford Financial Services Group, Inc. (The)

     8,608         396,657   

Kemper Corp.

     2,483         73,422   

Lincoln National Corp.

     5,670         222,264   

Loews Corp.

     2,950         112,867   

Marsh & McLennan Cos., Inc.

     12,644         768,629   

Mercury General Corp.

     3,299         183,095   

MetLife, Inc.

     37,728         1,657,768   

Old Republic International Corp.

     11,508         210,366   

Principal Financial Group, Inc.

     10,777         425,153   

ProAssurance Corp.

     1,905         96,393   

Progressive Corp. (The)

     13,267         466,202   

Prudential Financial, Inc.

     16,435         1,186,936   

Reinsurance Group of America, Inc.

     1,485         142,931   

State Auto Financial Corp.

     2,765         60,996   

Torchmark Corp.

     1,404         76,041   

Travelers Cos., Inc. (The)

     7,250         846,147   

Universal Insurance Holdings, Inc.(a)

     1,827         32,521   

Unum Group

     6,013         185,922   

W.R. Berkley Corp.

     1,412         79,354   
     

 

 

 
Total Insurance         12,054,952   
Internet & Catalog Retail – 0.1%      

Expedia, Inc.

     1,213         130,786   

HSN, Inc.

     1,747         91,385   

Nutrisystem, Inc.

     1,778         37,107   

PetMed Express, Inc.(a)

     1,396         25,002   
     

 

 

 
Total Internet & Catalog Retail         284,280   
Internet Software & Services – 0.0%      

j2 Global, Inc.

     1,365       $ 84,056   

Marchex, Inc. Class B

     5,606         24,947   

Reis, Inc.

     987         23,244   
     

 

 

 
Total Internet Software & Services         132,247   
IT Services – 2.3%      

Automatic Data Processing, Inc.

     12,500         1,121,375   

Booz Allen Hamilton Holding Corp.

     3,138         95,019   

Broadridge Financial Solutions, Inc.

     3,041         180,362   

Computer Sciences Corp.

     2,780         95,604   

Computer Task Group, Inc.

     3,572         18,253   

Fidelity National Information Services, Inc.

     5,144         325,667   

International Business Machines Corp.

     39,697         6,012,111   

Jack Henry & Associates, Inc.

     1,587         134,213   

Leidos Holdings, Inc.

     1,863         93,746   

MasterCard, Inc. Class A

     7,865         743,242   

Paychex, Inc.

     12,408         670,156   

Sabre Corp.

     3,937         113,858   

Science Applications International Corp.

     1,481         78,996   

Total System Services, Inc.

     1,626         77,365   

Visa, Inc. Class A

     15,148         1,158,519   

Western Union Co. (The)

     17,855         344,423   

Xerox Corp.

     28,944         323,015   
     

 

 

 
Total IT Services         11,585,924   
Leisure Products – 0.3%      

Brunswick Corp.

     1,164         55,849   

Escalade, Inc.

     1,925         22,657   

Hasbro, Inc.

     3,829         306,703   

Johnson Outdoors, Inc. Class A

     1,035         22,998   

Mattel, Inc.

     20,874         701,784   

Polaris Industries, Inc.

     1,528         150,477   
     

 

 

 
Total Leisure Products         1,260,468   
Life Sciences Tools & Services – 0.1%      

Agilent Technologies, Inc.

     4,044         161,153   

Bio-Techne Corp.

     1,044         98,679   

Thermo Fisher Scientific, Inc.

     1,994         282,331   
     

 

 

 
Total Life Sciences Tools & Services         542,163   
Machinery – 1.8%      

AGCO Corp.

     1,526         75,842   

Allison Transmission Holdings, Inc.

     5,231         141,132   

American Railcar Industries, Inc.(a)

     655         26,678   

Briggs & Stratton Corp.

     3,468         82,955   

Caterpillar, Inc.

     28,678         2,195,014   

Crane Co.

     2,323         125,117   

Cummins, Inc.

     8,243         906,236   

Deere & Co.

     11,164         859,516   

Donaldson Co., Inc.

     3,909         124,736   

Dover Corp.

     4,543         292,251   

Flowserve Corp.

     2,521         111,958   

Graco, Inc.

     1,556         130,642   

Graham Corp.

     1,388         27,635   

Greenbrier Cos., Inc. (The)(a)

     883         24,406   

 

See Notes to Financial Statements.

 

84   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree Total Dividend Fund (DTD)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Hardinge, Inc.

     2,420       $ 30,177   

Hillenbrand, Inc.

     3,076         92,126   

Hurco Cos., Inc.

     907         29,922   

IDEX Corp.

     1,666         138,078   

Illinois Tool Works, Inc.

     9,609         984,346   

Joy Global, Inc.(a)

     7,374         118,500   

Kennametal, Inc.

     3,205         72,081   

Lincoln Electric Holdings, Inc.

     2,221         130,084   

Miller Industries, Inc.

     1,125         22,815   

Nordson Corp.

     1,449         110,182   

Oshkosh Corp.

     1,880         76,836   

PACCAR, Inc.

     7,561         413,511   

Parker-Hannifin Corp.

     4,035         448,208   

Snap-on, Inc.

     1,089         170,962   

Stanley Black & Decker, Inc.

     3,515         369,813   

Supreme Industries, Inc. Class A

     3,062         27,068   

Terex Corp.

     1,885         46,899   

Timken Co. (The)

     3,604         120,698   

Toro Co. (The)

     1,114         95,938   

Trinity Industries, Inc.

     4,278         78,330   

Xylem, Inc.

     3,410         139,469   
     

 

 

 
Total Machinery         8,840,161   
Media – 2.3%      

Cablevision Systems Corp. Class A

     4,723         155,859   

CBS Corp. Class A

     963         56,730   

CBS Corp. Class B Non-Voting Shares

     6,277         345,800   

Cinemark Holdings, Inc.

     3,736         133,861   

Comcast Corp. Class A

     44,136         2,695,827   

Gannett Co., Inc.

     4,344         65,768   

Harte-Hanks, Inc.

     6,971         17,637   

Interpublic Group of Cos., Inc. (The)

     9,282         213,022   

John Wiley & Sons, Inc. Class A

     2,144         104,820   

Journal Media Group, Inc.

     1,929         23,071   

Meredith Corp.

     2,132         101,270   

National CineMedia, Inc.

     6,565         99,854   

New Media Investment Group, Inc.

     3,751         62,417   

News Corp. Class A

     8,353         106,668   

Omnicom Group, Inc.

     7,041         586,022   

Regal Entertainment Group Class A(a)

     7,721         163,222   

Scripps Networks Interactive, Inc. Class A

     1,681         110,105   

Sinclair Broadcast Group, Inc. Class A

     2,691         82,748   

TEGNA, Inc.

     5,466         128,232   

Time Warner Cable, Inc.

     4,971         1,017,166   

Time Warner, Inc.

     17,833         1,293,784   

Time, Inc.

     5,562         85,877   

Tribune Media Co. Class A

     2,956         113,363   

Twenty-First Century Fox, Inc. Class A

     12,036         335,564   

Twenty-First Century Fox, Inc. Class B

     10,563         297,877   

Viacom, Inc. Class A

     2,407         109,037   

Viacom, Inc. Class B

     13,450         555,216   

Walt Disney Co. (The)

     21,504         2,135,562   

World Wrestling Entertainment, Inc. Class A

     1,281         22,622   
     

 

 

 
Total Media         11,219,001   
Metals & Mining – 0.4%      

Alcoa, Inc.

     18,690       $ 179,050   

Allegheny Technologies, Inc.(a)

     6,454         105,200   

Ampco-Pittsburgh Corp.

     2,032         28,265   

Carpenter Technology Corp.

     1,342         45,937   

Commercial Metals Co.

     7,350         124,730   

Compass Minerals International, Inc.

     1,470         104,164   

Hecla Mining Co.(a)

     14,623         40,652   

Newmont Mining Corp.

     2,856         75,912   

Nucor Corp.

     12,304         581,979   

Reliance Steel & Aluminum Co.

     2,582         178,649   

Royal Gold, Inc.

     1,583         81,192   

Steel Dynamics, Inc.

     8,174         183,997   

United States Steel Corp.(a)

     4,385         70,379   

Worthington Industries, Inc.

     2,984         106,350   
     

 

 

 
Total Metals & Mining         1,906,456   
Multi-Utilities – 2.0%      

Alliant Energy Corp.

     4,076         302,765   

Ameren Corp.

     10,444         523,244   

Avista Corp.

     3,380         137,836   

Black Hills Corp.(a)

     2,473         148,702   

CenterPoint Energy, Inc.

     26,647         557,455   

CMS Energy Corp.

     9,531         404,496   

Consolidated Edison, Inc.

     13,223         1,013,146   

Dominion Resources, Inc.

     24,859         1,867,408   

DTE Energy Co.

     6,736         610,686   

MDU Resources Group, Inc.

     8,956         174,284   

NiSource, Inc.

     11,848         279,139   

NorthWestern Corp.

     2,462         152,029   

Public Service Enterprise Group, Inc.

     22,493         1,060,320   

SCANA Corp.

     5,779         405,397   

Sempra Energy

     7,937         825,845   

TECO Energy, Inc.

     8,593         236,565   

Vectren Corp.

     3,457         174,786   

WEC Energy Group, Inc.

     12,935         777,005   
     

 

 

 
Total Multi-Utilities         9,651,108   
Multiline Retail – 0.7%      

Big Lots, Inc.

     1,605         72,690   

Dollar General Corp.

     3,666         313,810   

Kohl’s Corp.

     7,871         366,867   

Macy’s, Inc.

     12,865         567,218   

Nordstrom, Inc.(a)

     4,947         283,018   

Target Corp.

     20,284         1,668,968   
     

 

 

 
Total Multiline Retail         3,272,571   
Oil, Gas & Consumable Fuels – 9.2%      

Alon USA Energy, Inc.

     2,897         29,897   

Anadarko Petroleum Corp.

     11,573         538,955   

Apache Corp.

     9,172         447,685   

Cabot Oil & Gas Corp.

     2,627         59,659   

Chevron Corp.

     98,647         9,410,925   

Cimarex Energy Co.

     723         70,326   

Columbia Pipeline Group, Inc.

     8,441         211,869   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      85   


Table of Contents

Schedule of Investments (continued)

WisdomTree Total Dividend Fund (DTD)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

ConocoPhillips

     80,385       $ 3,237,104   

CVR Energy, Inc.

     4,675         122,018   

Delek U.S. Holdings, Inc.

     2,185         33,299   

Devon Energy Corp.

     12,240         335,866   

EOG Resources, Inc.

     5,331         386,924   

Evolution Petroleum Corp.

     4,402         21,394   

Exxon Mobil Corp.

     172,877         14,450,788   

Hess Corp.

     5,929         312,162   

HollyFrontier Corp.

     6,037         213,227   

Kinder Morgan, Inc.

     290,571         5,189,598   

Marathon Oil Corp.

     10,881         121,214   

Marathon Petroleum Corp.

     14,659         545,022   

Murphy Oil Corp.

     11,018         277,543   

Noble Energy, Inc.

     9,920         311,587   

Occidental Petroleum Corp.

     36,227         2,479,014   

ONEOK, Inc.

     26,252         783,885   

Panhandle Oil and Gas, Inc. Class A

     1,478         25,584   

PBF Energy, Inc. Class A

     3,596         119,387   

Phillips 66

     15,326         1,327,078   

Range Resources Corp.(a)

     1,976         63,983   

SemGroup Corp. Class A

     3,118         69,843   

Spectra Energy Corp.

     45,533         1,393,310   

Targa Resources Corp.

     7,299         217,948   

Tesoro Corp.

     2,489         214,079   

Valero Energy Corp.

     14,945         958,572   

Western Refining, Inc.

     3,804         110,658   

Williams Cos., Inc. (The)

     77,921         1,252,191   
     

 

 

 
Total Oil, Gas & Consumable Fuels         45,342,594   
Paper & Forest Products – 0.0%      

KapStone Paper and Packaging Corp.

     1,991         27,575   

Schweitzer-Mauduit International, Inc.

     1,870         58,868   
     

 

 

 
Total Paper & Forest Products         86,443   
Personal Products – 0.1%      

Edgewell Personal Care Co.

     1,692         136,257   

Estee Lauder Cos., Inc. (The) Class A

     3,463         326,595   

Nu Skin Enterprises, Inc. Class A(a)

     2,403         91,915   
     

 

 

 
Total Personal Products         554,767   
Pharmaceuticals – 5.3%      

Bristol-Myers Squibb Co.

     38,456         2,456,569   

Eli Lilly & Co.

     28,032         2,018,584   

Innoviva, Inc.(a)

     12,780         160,900   

Johnson & Johnson

     86,223         9,329,329   

Merck & Co., Inc.

     104,288         5,517,878   

Pfizer, Inc.

     227,851         6,753,504   

Zoetis, Inc.

     4,152         184,058   
     

 

 

 
Total Pharmaceuticals         26,420,822   
Professional Services – 0.1%      

CEB, Inc.

     1,142         73,922   

Dun & Bradstreet Corp. (The)

     703         72,465   

Equifax, Inc.

     1,460         166,863   

Insperity, Inc.

     1,027         53,127   

ManpowerGroup, Inc.

     1,809         147,289   

Robert Half International, Inc.

     2,817       131,216   
     

 

 

 
Total Professional Services         644,882   
Real Estate Investment Trusts (REITs) – 7.9%      

Acadia Realty Trust

     3,021         106,128   

Alexander’s, Inc.

     229         87,146   

Alexandria Real Estate Equities, Inc.

     2,636         239,586   

American Assets Trust, Inc.

     2,088         83,353   

American Campus Communities, Inc.

     4,224         198,908   

American Tower Corp.

     8,552         875,468   

Apartment Investment & Management Co. Class A

     4,879         204,040   

Apple Hospitality REIT, Inc.(a)

     10,503         208,064   

Armada Hoffler Properties, Inc.

     4,694         52,808   

Ashford Hospitality Prime, Inc.

     4,873         56,868   

Ashford Hospitality Trust, Inc.

     10,638         67,870   

AvalonBay Communities, Inc.

     4,271         812,344   

Bluerock Residential Growth REIT, Inc.

     2,146         23,349   

Boston Properties, Inc.

     3,436         436,647   

Brandywine Realty Trust

     9,038         126,803   

Brixmor Property Group, Inc.

     12,222         313,128   

Camden Property Trust

     3,426         288,092   

CBL & Associates Properties, Inc.

     14,508         172,645   

Chatham Lodging Trust

     2,852         61,118   

Chesapeake Lodging Trust

     3,885         102,797   

Columbia Property Trust, Inc.

     6,908         151,907   

Communications Sales & Leasing, Inc.

     20,023         445,512   

Community Healthcare Trust, Inc.

     1,269         23,464   

CorEnergy Infrastructure Trust, Inc.(a)

     1,921         38,631   

CoreSite Realty Corp.

     926         64,829   

Corporate Office Properties Trust

     5,571         146,183   

Corrections Corp. of America

     10,189         326,557   

Cousins Properties, Inc.

     10,317         107,091   

Crown Castle International Corp.

     14,780         1,278,470   

CubeSmart

     4,862         161,905   

CyrusOne, Inc.

     2,428         110,838   

DCT Industrial Trust, Inc.

     3,403         134,316   

DDR Corp.

     14,541         258,684   

DiamondRock Hospitality Co.

     10,269         103,922   

Digital Realty Trust, Inc.

     7,582         670,931   

Douglas Emmett, Inc.

     5,253         158,168   

Duke Realty Corp.

     12,308         277,422   

DuPont Fabros Technology, Inc.

     4,535         183,804   

EastGroup Properties, Inc.

     2,034         122,793   

Education Realty Trust, Inc.

     3,139         130,582   

EPR Properties

     3,584         238,766   

Equinix, Inc.

     1,415         467,955   

Equity LifeStyle Properties, Inc.

     2,755         200,371   

Equity One, Inc.

     6,099         174,797   

Equity Residential

     11,389         854,517   

Essex Property Trust, Inc.

     1,783         416,972   

Extra Space Storage, Inc.

     3,879         362,531   

Federal Realty Investment Trust

     1,947         303,829   

First Industrial Realty Trust, Inc.

     3,303         75,110   

Franklin Street Properties Corp.

     11,021         116,933   

 

See Notes to Financial Statements.

 

86   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree Total Dividend Fund (DTD)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Gaming and Leisure Properties, Inc.

     10,217       $ 315,910   

General Growth Properties, Inc.

     28,061         834,254   

Geo Group, Inc. (The)

     7,316         253,646   

Getty Realty Corp.

     3,575         70,892   

Gladstone Commercial Corp.

     2,254         36,921   

Global Net Lease, Inc.

     13,383         114,559   

Government Properties Income Trust

     7,643         136,428   

Gramercy Property Trust

     11,665         98,569   

HCP, Inc.

     31,009         1,010,273   

Healthcare Realty Trust, Inc.

     5,508         170,142   

Healthcare Trust of America, Inc. Class A

     7,084         208,411   

Hersha Hospitality Trust

     4,412         94,152   

Highwoods Properties, Inc.

     3,779         180,674   

Hospitality Properties Trust

     11,733         311,629   

Host Hotels & Resorts, Inc.

     39,628         661,788   

Hudson Pacific Properties, Inc.

     2,076         60,038   

Independence Realty Trust, Inc.

     7,918         56,376   

InfraREIT, Inc.

     2,388         40,715   

Investors Real Estate Trust

     15,123         109,793   

Iron Mountain, Inc.

     15,334         519,976   

Kilroy Realty Corp.

     2,131         131,845   

Kimco Realty Corp.

     17,353         499,419   

Kite Realty Group Trust

     4,550         126,081   

Lamar Advertising Co. Class A

     4,614         283,761   

LaSalle Hotel Properties

     7,838         198,380   

Lexington Realty Trust(a)

     19,714         169,540   

Liberty Property Trust

     8,779         293,745   

LTC Properties, Inc.

     2,899         131,151   

Macerich Co. (The)

     6,107         483,919   

Mack-Cali Realty Corp.

     4,158         97,713   

Medical Properties Trust, Inc.

     18,372         238,469   

Mid-America Apartment Communities, Inc.

     3,082         315,011   

Monogram Residential Trust, Inc.

     4,477         44,143   

National Health Investors, Inc.

     2,132         141,821   

National Retail Properties, Inc.

     6,085         281,127   

New Senior Investment Group, Inc.

     8,854         91,196   

New York REIT, Inc.

     10,532         106,373   

NexPoint Residential Trust, Inc.

     1,891         24,753   

NorthStar Realty Finance Corp.

     25,050         328,656   

Omega Healthcare Investors, Inc.

     12,492         440,968   

One Liberty Properties, Inc.

     3,196         71,622   

Outfront Media, Inc.

     9,535         201,189   

Paramount Group, Inc.

     4,339         69,207   

Parkway Properties, Inc.

     7,474         117,043   

Pebblebrook Hotel Trust

     3,191         92,762   

Pennsylvania Real Estate Investment Trust

     5,200         113,620   

Physicians Realty Trust

     6,372         118,392   

Piedmont Office Realty Trust, Inc. Class A

     7,717         156,732   

Post Properties, Inc.

     1,968         117,568   

Potlatch Corp.

     2,568         80,892   

Preferred Apartment Communities, Inc. Class A

     1,978         25,081   

Prologis, Inc.

     20,740         916,293   

PS Business Parks, Inc.

     1,229         123,527   

Public Storage

     5,251         1,448,383   

QTS Realty Trust, Inc. Class A

     1,917       90,827   

Ramco-Gershenson Properties Trust

     5,841         105,313   

Rayonier, Inc.

     5,613         138,529   

Realty Income Corp.

     12,106         756,746   

Regency Centers Corp.

     3,129         234,206   

Retail Opportunity Investments Corp.

     5,868         118,064   

Retail Properties of America, Inc. Class A

     11,133         176,458   

RLJ Lodging Trust

     7,654         175,124   

Rouse Properties, Inc.

     2,683         49,314   

Ryman Hospitality Properties, Inc.

     2,940         151,351   

Sabra Health Care REIT, Inc.

     5,531         111,118   

Select Income REIT

     9,074         209,156   

Senior Housing Properties Trust

     27,105         484,908   

Simon Property Group, Inc.

     11,108         2,307,021   

SL Green Realty Corp.

     2,066         200,154   

Sovran Self Storage, Inc.

     1,185         139,771   

Spirit Realty Capital, Inc.

     29,323         329,884   

STAG Industrial, Inc.

     6,274         127,739   

STORE Capital Corp.

     5,772         149,379   

Summit Hotel Properties, Inc.

     6,032         72,203   

Sun Communities, Inc.

     2,794         200,078   

Tanger Factory Outlet Centers, Inc.

     3,639         132,423   

Taubman Centers, Inc.

     2,026         144,312   

UDR, Inc.

     9,369         360,988   

UMH Properties, Inc.

     2,454         24,344   

Urban Edge Properties

     3,329         86,021   

Ventas, Inc.

     20,424         1,285,895   

VEREIT, Inc.

     66,978         594,095   

Vornado Realty Trust

     5,461         515,682   

W.P. Carey, Inc.

     6,592         410,286   

Washington Real Estate Investment Trust

     4,699         137,258   

Weingarten Realty Investors

     5,241         196,642   

Welltower, Inc.

     18,878         1,309,001   

Weyerhaeuser Co.

     32,837         1,017,290   

WP GLIMCHER, Inc.

     17,392         165,050   

Xenia Hotels & Resorts, Inc.

     6,061         94,673   
     

 

 

 
Total Real Estate Investment Trusts (REITs)         38,791,783   
Real Estate Management & Development – 0.0%      

Farmland Partners, Inc.

     2,163         23,209   

Kennedy-Wilson Holdings, Inc.

     2,405         52,669   
     

 

 

 
Total Real Estate Management & Development         75,878   
Road & Rail – 0.8%      

Celadon Group, Inc.

     2,221         23,276   

CSX Corp.

     28,257         727,618   

JB Hunt Transport Services, Inc.

     1,616         136,132   

Kansas City Southern

     1,923         164,320   

Norfolk Southern Corp.

     8,552         711,954   

Ryder System, Inc.

     1,741         112,782   

Union Pacific Corp.

     25,919         2,061,856   
     

 

 

 
Total Road & Rail         3,937,938   
Semiconductors & Semiconductor Equipment – 2.7%      

Analog Devices, Inc.

     9,375         554,906   

Applied Materials, Inc.

     27,211         576,329   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      87   


Table of Contents

Schedule of Investments (continued)

WisdomTree Total Dividend Fund (DTD)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Atmel Corp.

     7,618       $ 61,858   

Brooks Automation, Inc.

     3,904         40,602   

Intel Corp.

     140,461         4,543,913   

Intersil Corp. Class A

     7,187         96,090   

KLA-Tencor Corp.

     5,241         381,597   

Lam Research Corp.

     2,368         195,597   

Linear Technology Corp.

     7,005         312,143   

Maxim Integrated Products, Inc.

     9,537         350,771   

Microchip Technology, Inc.

     7,879         379,768   

NVIDIA Corp.

     8,172         291,168   

QUALCOMM, Inc.

     64,572         3,302,212   

Skyworks Solutions, Inc.

     2,496         194,439   

Teradyne, Inc.

     3,427         73,989   

Texas Instruments, Inc.

     28,908         1,659,897   

Xilinx, Inc.

     7,228         342,824   
     

 

 

 
Total Semiconductors & Semiconductor Equipment         13,358,103   
Software – 3.5%      

Activision Blizzard, Inc.

     4,901         165,850   

American Software, Inc. Class A

     1,589         14,301   

CA, Inc.

     17,242         530,881   

CDK Global, Inc.

     1,674         77,925   

Intuit, Inc.

     3,706         385,461   

Microsoft Corp.

     225,307         12,443,706   

Oracle Corp.

     72,876         2,981,357   

QAD, Inc. Class A

     1,035         21,994   

SS&C Technologies Holdings, Inc.

     1,141         72,362   

Symantec Corp.

     21,183         389,343   
     

 

 

 
Total Software         17,083,180   
Specialty Retail – 1.8%      

Abercrombie & Fitch Co. Class A

     2,480         78,219   

American Eagle Outfitters, Inc.(a)

     6,796         113,289   

Barnes & Noble, Inc.

     4,528         55,966   

Best Buy Co., Inc.

     11,096         359,954   

Big 5 Sporting Goods Corp.

     2,545         28,275   

Buckle, Inc. (The)(a)

     1,868         63,269   

Chico’s FAS, Inc.

     3,900         51,753   

Citi Trends, Inc.

     1,123         20,023   

Dick’s Sporting Goods, Inc.

     1,684         78,727   

DSW, Inc. Class A

     3,189         88,144   

Foot Locker, Inc.

     2,851         183,889   

GameStop Corp. Class A(a)

     5,421         172,008   

Gap, Inc. (The)

     14,757         433,856   

GNC Holdings, Inc. Class A

     2,666         84,646   

Guess?, Inc.

     5,623         105,544   

Home Depot, Inc. (The)

     24,153         3,222,735   

L Brands, Inc.

     6,101         535,729   

Lowe’s Cos., Inc.

     14,606         1,106,404   

Penske Automotive Group, Inc.

     2,650         100,435   

Pier 1 Imports, Inc.

     4,349         30,486   

Rent-A-Center, Inc.

     3,435         54,445   

Ross Stores, Inc.

     3,899         225,752   

Stage Stores, Inc.

     2,900         23,374   

Staples, Inc.

     33,787         372,671   

Stein Mart, Inc.

     3,287       24,094   

Tailored Brands, Inc.

     2,757         49,350   

Tiffany & Co.

     2,789         204,657   

TJX Cos., Inc. (The)

     8,812         690,420   

Tractor Supply Co.

     1,291         116,784   

Williams-Sonoma, Inc.

     2,063         112,929   
     

 

 

 
Total Specialty Retail         8,787,827   
Technology Hardware, Storage & Peripherals – 2.9%      

Apple, Inc.

     108,471         11,822,254   

Diebold, Inc.

     2,236         64,643   

EMC Corp.

     36,427         970,780   

HP, Inc.

     79,081         974,278   

Lexmark International, Inc. Class A

     3,715         124,192   

NetApp, Inc.

     7,553         206,121   

Western Digital Corp.

     7,763         366,724   
     

 

 

 
Total Technology Hardware, Storage & Peripherals         14,528,992   
Textiles, Apparel & Luxury Goods – 0.5%      

Carter’s, Inc.

     672         70,815   

Coach, Inc.

     12,922         518,043   

Columbia Sportswear Co.

     1,586         95,303   

Hanesbrands, Inc.

     5,983         169,558   

NIKE, Inc. Class B

     14,440         887,627   

Ralph Lauren Corp.

     1,049         100,977   

VF Corp.

     10,477         678,491   

Wolverine World Wide, Inc.

     2,615         48,168   
     

 

 

 
Total Textiles, Apparel & Luxury Goods         2,568,982   
Thrifts & Mortgage Finance – 0.2%      

BankFinancial Corp.

     1,858         21,961   

Capitol Federal Financial, Inc.

     4,141         54,910   

Federal Agricultural Mortgage Corp. Class C

     748         28,222   

New York Community Bancorp, Inc.

     31,641         503,092   

Northwest Bancshares, Inc.

     4,908         66,307   

OceanFirst Financial Corp.

     2,376         42,008   

Provident Financial Services, Inc.

     4,352         87,867   

Riverview Bancorp, Inc.

     5,322         22,352   

Territorial Bancorp, Inc.

     854         22,255   

TFS Financial Corp.

     6,826         118,568   

Washington Federal, Inc.

     3,514         79,592   

Westfield Financial, Inc.

     2,969         25,029   
     

 

 

 
Total Thrifts & Mortgage Finance         1,072,163   
Tobacco – 3.1%      

Altria Group, Inc.

     83,071         5,205,229   

Philip Morris International, Inc.

     77,325         7,586,356   

Reynolds American, Inc.

     48,637         2,446,927   

Universal Corp.

     1,105         62,775   

Vector Group Ltd.(a)

     9,915         226,459   
     

 

 

 
Total Tobacco         15,527,746   
Trading Companies & Distributors – 0.3%      

Fastenal Co.(a)

     9,024         442,176   

GATX Corp.

     2,019         95,902   

H&E Equipment Services, Inc.

     2,696         47,261   

MSC Industrial Direct Co., Inc. Class A

     1,635         124,767   

 

See Notes to Financial Statements.

 

88   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (concluded)

WisdomTree Total Dividend Fund (DTD)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

TAL International Group, Inc.*

     4,422       $ 68,276   

W.W. Grainger, Inc.

     1,564         365,084   

Watsco, Inc.

     1,094         147,406   
     

 

 

 
Total Trading Companies & Distributors               1,290,872   
Transportation Infrastructure – 0.1%      

Macquarie Infrastructure Corp.

     6,331         426,963   
Water Utilities – 0.1%      

American Water Works Co., Inc.

     4,470         308,117   

Aqua America, Inc.

     5,492         174,755   

Artesian Resources Corp. Class A

     937         26,199   

Connecticut Water Service, Inc.

     1,134         51,143   
     

 

 

 
Total Water Utilities               560,214   
Wireless Telecommunication Services – 0.0%      

Telephone & Data Systems, Inc.

     2,962         89,127   

TOTAL COMMON STOCKS

(Cost: $430,060,658)

              491,386,021   
EXCHANGE-TRADED FUND – 0.2%      
United States – 0.2%      
WisdomTree Total Earnings Fund(a)(b)
(Cost: $790,703)
     11,325         809,851   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.9%   
United States – 0.9%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(c)

(Cost: $4,643,317)(d)

     4,643,317         4,643,317   

TOTAL INVESTMENTS IN SECURITIES – 100.6%

(Cost: $435,494,678)

        496,839,189   

Liabilities in Excess of Cash and Other Assets – (0.6)%

  

     (3,130,851
     

 

 

 
NET ASSETS – 100.0%             $ 493,708,338   
*

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Affiliated company (See Note 3).

 

(c) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(d) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $4,526,378 and the total market value of the collateral held by the Fund was $4,643,317.

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      89   


Table of Contents

Schedule of Investments

WisdomTree Total Earnings Fund (EXT)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.8%      
United States – 99.8%      
Aerospace & Defense – 2.9%      

B/E Aerospace, Inc.

     22       $ 1,015   

Boeing Co. (The)

     2,361         299,705   

BWX Technologies, Inc.

     423         14,196   

Cubic Corp.

     98         3,916   

Curtiss-Wright Corp.

     121         9,156   

Esterline Technologies Corp.*

     94         6,023   

General Dynamics Corp.

     1,019         133,866   

HEICO Corp.

     65         3,908   

Hexcel Corp.

     201         8,786   

Honeywell International, Inc.

     2,134         239,115   

Huntington Ingalls Industries, Inc.

     184         25,197   

KLX, Inc.*

     80         2,571   

L-3 Communications Holdings, Inc.

     287         34,010   

Lockheed Martin Corp.

     1,065         235,897   

Moog, Inc. Class A*

     127         5,801   

National Presto Industries, Inc.

     33         2,763   

Northrop Grumman Corp.

     697         137,936   

Orbital ATK, Inc.

     261         22,691   

Raytheon Co.

     1,138         139,553   

Rockwell Collins, Inc.

     403         37,161   

Spirit AeroSystems Holdings, Inc. Class A*

     111         5,035   

Teledyne Technologies, Inc.*

     94         8,285   

Textron, Inc.

     760         27,710   

TransDigm Group, Inc.*

     61         13,441   

United Technologies Corp.

     2,649         265,165   
     

 

 

 
Total Aerospace & Defense         1,682,902   
Air Freight & Logistics – 0.8%      

Atlas Air Worldwide Holdings, Inc.*

     117         4,946   

C.H. Robinson Worldwide, Inc.

     425         31,548   

Expeditors International of Washington, Inc.

     500         24,405   

FedEx Corp.

     636         103,490   

Forward Air Corp.

     76         3,444   

Hub Group, Inc. Class A*

     97         3,957   

Park-Ohio Holdings Corp.

     114         4,881   

United Parcel Service, Inc. Class B

     2,549         268,843   
     

 

 

 
Total Air Freight & Logistics         445,514   
Airlines – 1.7%      

Alaska Air Group, Inc.

     537         44,045   

Allegiant Travel Co.

     29         5,164   

American Airlines Group, Inc.

     5,340         218,993   

Delta Air Lines, Inc.

     4,618         224,804   

Hawaiian Holdings, Inc.*

     349         16,469   

JetBlue Airways Corp.*

     810         17,107   

Southwest Airlines Co.

     1,928         86,374   

Spirit Airlines, Inc.*

     429         20,584   

United Continental Holdings, Inc.*

     5,915         354,072   
     

 

 

 
Total Airlines         987,612   
Auto Components – 0.6%      

American Axle & Manufacturing Holdings, Inc.*

     483         7,433   

BorgWarner, Inc.

     732         28,109   

Cooper Tire & Rubber Co.

     269       $ 9,958   

Dana Holding Corp.

     1,002         14,118   

Dorman Products, Inc.*

     98         5,333   

Drew Industries, Inc.

     88         5,673   

Gentex Corp.

     1,142         17,918   

Gentherm, Inc.*

     120         4,991   

Goodyear Tire & Rubber Co. (The)

     3,686         121,564   

Johnson Controls, Inc.

     1,952         76,070   

Lear Corp.

     260         28,904   

Standard Motor Products, Inc.

     128         4,435   

Superior Industries International, Inc.

     217         4,791   

Tenneco, Inc.*

     327         16,844   

Tower International, Inc.

     184         5,005   

Visteon Corp.

     130         10,347   
     

 

 

 
Total Auto Components         361,493   
Automobiles – 1.0%      

Ford Motor Co.

     22,461         303,224   

General Motors Co.

     6,008         188,831   

Harley-Davidson, Inc.

     863         44,298   

Thor Industries, Inc.

     147         9,374   

Winnebago Industries, Inc.

     375         8,419   
     

 

 

 
Total Automobiles         554,146   
Banks – 8.7%      

1st Source Corp.

     105         3,343   

Associated Banc-Corp.

     480         8,611   

BancFirst Corp.

     50         2,852   

BancorpSouth, Inc.

     291         6,201   

Bank of America Corp.

     49,701         671,958   

Bank of Hawaii Corp.

     148         10,106   

Bank of the Ozarks, Inc.

     138         5,792   

BankUnited, Inc.

     396         13,638   

Banner Corp.

     74         3,111   

BB&T Corp.

     2,856         95,019   

BBCN Bancorp, Inc.

     527         8,005   

BOK Financial Corp.(a)

     245         13,382   

Boston Private Financial Holdings, Inc.

     518         5,931   

Camden National Corp.

     74         3,108   

Cardinal Financial Corp.

     26         529   

Cathay General Bancorp

     264         7,479   

Central Pacific Financial Corp.

     329         7,162   

Chemical Financial Corp.

     93         3,319   

CIT Group, Inc.

     1,299         40,308   

Citigroup, Inc.

     13,295         555,066   

Citizens Financial Group, Inc.

     728         15,252   

City Holding Co.

     73         3,488   

CoBiz Financial, Inc.

     328         3,877   

Columbia Banking System, Inc.

     180         5,386   

Comerica, Inc.

     1,143         43,285   

Commerce Bancshares, Inc.

     314         14,114   

Community Bank System, Inc.

     110         4,203   

Community Trust Bancorp, Inc.

     83         2,932   

Cullen/Frost Bankers, Inc.(a)

     186         10,251   

Customers Bancorp, Inc.*

     108         2,552   

 

See Notes to Financial Statements.

 

90   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree Total Earnings Fund (EXT)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

CVB Financial Corp.

     277       $ 4,834   

East West Bancorp, Inc.

     488         15,850   

Fifth Third Bancorp

     3,847         64,206   

First Citizens BancShares, Inc. Class A

     28         7,030   

First Commonwealth Financial Corp.

     807         7,150   

First Financial Bancorp

     248         4,509   

First Financial Bankshares, Inc.(a)

     168         4,969   

First Horizon National Corp.

     1,095         14,345   

First Interstate BancSystem, Inc. Class A

     153         4,304   

First Merchants Corp.

     175         4,125   

First Midwest Bancorp, Inc.

     432         7,785   

First Niagara Financial Group, Inc.

     1,085         10,503   

First Republic Bank

     432         28,789   

FirstMerit Corp.

     700         14,735   

Flushing Financial Corp.

     153         3,308   

FNB Corp.

     597         7,767   

Fulton Financial Corp.

     738         9,874   

Glacier Bancorp, Inc.

     170         4,321   

Great Southern Bancorp, Inc.

     88         3,267   

Hancock Holding Co.

     162         3,720   

Hanmi Financial Corp.

     264         5,813   

Hilltop Holdings, Inc.*

     280         5,286   

Home BancShares, Inc.

     160         6,552   

Huntington Bancshares, Inc.

     2,824         26,941   

Iberiabank Corp.

     80         4,102   

Independent Bank Corp.

     67         3,079   

International Bancshares Corp.

     305         7,521   

Investors Bancorp, Inc.

     518         6,030   

JPMorgan Chase & Co.

     19,384         1,147,921   

KeyCorp

     3,716         41,025   

Lakeland Financial Corp.

     95         4,349   

M&T Bank Corp.

     502         55,722   

MB Financial, Inc.

     120         3,894   

National Penn Bancshares, Inc.

     299         3,181   

NBT Bancorp, Inc.

     105         2,830   

Old National Bancorp

     312         3,803   

Opus Bank

     216         7,344   

PacWest Bancorp

     88         3,269   

Park National Corp.

     48         4,320   

People’s United Financial, Inc.

     689         10,976   

Pinnacle Financial Partners, Inc.

     115         5,642   

PNC Financial Services Group, Inc. (The)

     2,295         194,088   

Popular, Inc.

     536         15,335   

PrivateBancorp, Inc.

     222         8,569   

Prosperity Bancshares, Inc.

     287         13,314   

Regions Financial Corp.

     5,559         43,638   

Renasant Corp.

     131         4,311   

Republic Bancorp, Inc. Class A

     192         4,959   

S&T Bancorp, Inc.

     82         2,112   

Seacoast Banking Corp. of Florida*

     143         2,258   

ServisFirst Bancshares, Inc.

     106         4,706   

Signature Bank*

     115         15,654   

Simmons First National Corp. Class A

     83         3,741   

South State Corp.

     78         5,010   

Southside Bancshares, Inc.

     137       3,572   

Sterling Bancorp

     408         6,499   

SunTrust Banks, Inc.

     2,373         85,618   

SVB Financial Group*

     143         14,593   

Synovus Financial Corp.

     313         9,049   

TCF Financial Corp.

     445         5,456   

Texas Capital Bancshares, Inc.*

     80         3,070   

Tompkins Financial Corp.

     67         4,288   

Towne Bank

     250         4,798   

Trustmark Corp.

     248         5,711   

U.S. Bancorp

     6,905         280,274   

UMB Financial Corp.

     197         10,171   

Umpqua Holdings Corp.

     297         4,710   

Union Bankshares Corp.

     292         7,192   

United Bankshares, Inc.

     111         4,074   

United Community Banks, Inc.

     122         2,253   

Valley National Bancorp

     265         2,528   

Webster Financial Corp.

     341         12,242   

Wells Fargo & Co.

     20,763         1,004,099   

WesBanco, Inc.

     100         2,971   

Westamerica Bancorp(a)

     63         3,069   

Western Alliance Bancorp*

     324         10,815   

Wilshire Bancorp, Inc.

     754         7,766   

Wintrust Financial Corp.

     97         4,301   

Zions Bancorp

     911         22,055   
     

 

 

 
Total Banks         4,994,120   
Beverages – 1.6%      

Boston Beer Co., Inc. (The) Class A*

     17         3,146   

Brown-Forman Corp. Class B

     392         38,600   

Coca-Cola Bottling Co. Consolidated

     46         7,349   

Coca-Cola Co. (The)

     7,494         347,647   

Coca-Cola Enterprises, Inc.

     808         40,998   

Constellation Brands, Inc. Class A

     417         63,005   

Dr. Pepper Snapple Group, Inc.

     488         43,637   

Molson Coors Brewing Co. Class B

     504         48,475   

Monster Beverage Corp.*

     219         29,210   

National Beverage Corp.*

     151         6,390   

PepsiCo, Inc.

     2,827         289,711   
     

 

 

 
Total Beverages         918,168   
Biotechnology – 2.9%      

AbbVie, Inc.

     2,550         145,656   

Acorda Therapeutics, Inc.*

     126         3,333   

Alexion Pharmaceuticals, Inc.*

     146         20,326   

AMAG Pharmaceuticals, Inc.*(a)

     120         2,808   

Amgen, Inc.

     2,144         321,450   

Baxalta, Inc.

     1,602         64,721   

Biogen, Inc.*

     634         165,043   

Celgene Corp.*

     877         87,779   

Emergent Biosolutions, Inc.*

     101         3,671   

Gilead Sciences, Inc.

     8,609         790,823   

Insys Therapeutics, Inc.*(a)

     152         2,430   

Medivation, Inc.*

     235         10,805   

Myriad Genetics, Inc.*

     307         11,491   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      91   


Table of Contents

Schedule of Investments (continued)

WisdomTree Total Earnings Fund (EXT)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

PDL BioPharma, Inc.

     1,993       $ 6,637   

Regeneron Pharmaceuticals, Inc.*

     40         14,418   

United Therapeutics Corp.*

     128         14,263   
     

 

 

 
Total Biotechnology         1,665,654   
Building Products – 0.3%      

A.O. Smith Corp.

     155         11,828   

American Woodmark Corp.*

     63         4,699   

Armstrong World Industries, Inc.*

     108         5,224   

Fortune Brands Home & Security, Inc.

     338         18,942   

Lennox International, Inc.

     97         13,113   

Masco Corp.

     1,730         54,409   

Owens Corning

     370         17,494   

Simpson Manufacturing Co., Inc.

     96         3,664   

Universal Forest Products, Inc.

     72         6,179   

USG Corp.*

     336         8,336   
     

 

 

 
Total Building Products         143,888   
Capital Markets – 2.7%      

Affiliated Managers Group, Inc.*

     121         19,650   

Ameriprise Financial, Inc.

     577         54,244   

Artisan Partners Asset Management, Inc. Class A

     70         2,159   

Bank of New York Mellon Corp. (The)

     3,182         117,193   

BlackRock, Inc.

     490         166,879   

Calamos Asset Management, Inc. Class A

     257         2,182   

Charles Schwab Corp. (The)

     2,224         62,316   

Cohen & Steers, Inc.

     70         2,724   

E*TRADE Financial Corp.*

     729         17,853   

Eaton Vance Corp.

     382         12,805   

Evercore Partners, Inc. Class A

     101         5,227   

Federated Investors, Inc. Class B

     466         13,444   

Financial Engines, Inc.

     122         3,834   

Franklin Resources, Inc.

     2,793         109,067   

GAMCO Investors, Inc. Class A

     91         3,372   

Goldman Sachs Group, Inc. (The)

     2,189         343,629   

Greenhill & Co., Inc.

     168         3,730   

HFF, Inc. Class A

     151         4,157   

Interactive Brokers Group, Inc. Class A

     184         7,235   

INTL FCStone, Inc.*

     224         5,988   

Investment Technology Group, Inc.

     281         6,210   

Janus Capital Group, Inc.

     815         11,923   

KCG Holdings, Inc. Class A*

     264         3,155   

Legg Mason, Inc.

     404         14,011   

LPL Financial Holdings, Inc.(a)

     232         5,754   

Morgan Stanley

     9,300         232,593   

Northern Trust Corp.

     551         35,909   

NorthStar Asset Management Group, Inc.

     568         6,447   

Raymond James Financial, Inc.

     459         21,853   

SEI Investments Co.

     374         16,101   

State Street Corp.

     1,833         107,267   

Stifel Financial Corp.*

     174         5,150   

T. Rowe Price Group, Inc.

     865         63,543   

TD Ameritrade Holding Corp.

     1,211         38,183   

Virtus Investment Partners, Inc.

     45         3,515   

Waddell & Reed Financial, Inc. Class A

     444         10,452   
     

 

 

 
Total Capital Markets         1,539,754   
Chemicals – 2.1%      

A. Schulman, Inc.

     83       2,259   

Air Products & Chemicals, Inc.

     472         67,992   

Airgas, Inc.

     148         20,963   

Albemarle Corp.

     328         20,969   

Balchem Corp.

     59         3,659   

Calgon Carbon Corp.

     296         4,150   

Celanese Corp. Series A

     1,098         71,919   

CF Industries Holdings, Inc.

     1,133         35,508   

Chemours Co. (The)

     2         14   

Chemtura Corp.*

     467         12,329   

Dow Chemical Co. (The)

     4,360         221,750   

E.I. du Pont de Nemours & Co.

     2,081         131,769   

Eastman Chemical Co.

     606         43,771   

Ecolab, Inc.

     552         61,559   

Ferro Corp.*

     148         1,757   

Flotek Industries, Inc.*(a)

     305         2,236   

FMC Corp.

     56         2,261   

GCP Applied Technologies, Inc.*

     199         3,968   

H.B. Fuller Co.

     120         5,094   

Innospec, Inc.

     119         5,160   

International Flavors & Fragrances, Inc.

     210         23,892   

Minerals Technologies, Inc.

     88         5,003   

Monsanto Co.

     1,302         114,237   

Mosaic Co. (The)

     733         19,791   

NewMarket Corp.

     37         14,662   

OMNOVA Solutions, Inc.*

     336         1,868   

PolyOne Corp.

     201         6,080   

PPG Industries, Inc.

     574         63,995   

Praxair, Inc.

     631         72,218   

Quaker Chemical Corp.

     46         3,904   

Rayonier Advanced Materials, Inc.

     35         332   

RPM International, Inc.

     343         16,234   

Scotts Miracle-Gro Co. (The) Class A

     124         9,023   

Sensient Technologies Corp.

     132         8,377   

Sherwin-Williams Co. (The)

     168         47,824   

Stepan Co.

     96         5,308   

Valspar Corp. (The)

     200         21,404   

W.R. Grace & Co.*

     199         14,165   

Westlake Chemical Corp.

     417         19,307   
     

 

 

 
Total Chemicals         1,186,711   
Commercial Services & Supplies – 0.5%      

ABM Industries, Inc.

     145         4,685   

ACCO Brands Corp.*

     772         6,932   

ADT Corp. (The)

     553         22,817   

Brady Corp. Class A

     128         3,435   

Brink’s Co. (The)

     174         5,845   

Cintas Corp.

     243         21,824   

Clean Harbors, Inc.*

     34         1,678   

Copart, Inc.*

     204         8,317   

Deluxe Corp.

     220         13,748   

Ennis, Inc.

     196         3,832   

Essendant, Inc.

     157         5,013   

 

See Notes to Financial Statements.

 

92   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree Total Earnings Fund (EXT)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Herman Miller, Inc.

     149       $ 4,603   

HNI Corp.

     99         3,878   

KAR Auction Services, Inc.

     280         10,679   

Knoll, Inc.

     196         4,243   

Matthews International Corp. Class A

     77         3,963   

McGrath RentCorp

     53         1,329   

Mobile Mini, Inc.

     93         3,071   

MSA Safety, Inc.

     105         5,077   

Pitney Bowes, Inc.

     913         19,666   

R.R. Donnelley & Sons Co.

     504         8,266   

Republic Services, Inc.

     970         46,220   

Rollins, Inc.

     265         7,187   

Steelcase, Inc. Class A

     232         3,461   

Stericycle, Inc.*

     107         13,502   

Tetra Tech, Inc.

     184         5,487   

UniFirst Corp.

     86         9,384   

Waste Connections, Inc.

     210         13,564   

Waste Management, Inc.

     525         30,975   

West Corp.

     280         6,390   
     

 

 

 
Total Commercial Services & Supplies         299,071   
Communications Equipment – 1.2%      

ADTRAN, Inc.

     95         1,921   

Arista Networks, Inc.*(a)

     40         2,524   

Black Box Corp.

     78         1,051   

Brocade Communications Systems, Inc.

     1,266         13,394   

Cisco Systems, Inc.

     17,651         502,524   

CommScope Holding Co., Inc.*

     363         10,135   

Comtech Telecommunications Corp.

     74         1,729   

EchoStar Corp. Class A*

     56         2,480   

F5 Networks, Inc.*

     152         16,089   

Finisar Corp.*

     256         4,670   

Harris Corp.

     468         36,439   

InterDigital, Inc.

     86         4,786   

Juniper Networks, Inc.

     996         25,408   

Motorola Solutions, Inc.

     536         40,575   

NETGEAR, Inc.*

     81         3,270   

Plantronics, Inc.

     118         4,624   

Polycom, Inc.*

     113         1,260   

Ubiquiti Networks, Inc.*(a)

     294         9,781   
     

 

 

 
Total Communications Equipment         682,660   
Construction & Engineering – 0.2%      

Aegion Corp.*

     226         4,766   

Comfort Systems USA, Inc.

     207         6,577   

Dycom Industries, Inc.*

     72         4,656   

EMCOR Group, Inc.

     165         8,019   

Fluor Corp.

     799         42,906   

Jacobs Engineering Group, Inc.*

     482         20,991   

MasTec, Inc.*

     309         6,254   

Primoris Services Corp.

     147         3,572   

Quanta Services, Inc.*

     730         16,469   

Tutor Perini Corp.*

     323         5,020   

Valmont Industries, Inc.

     74         9,164   
     

 

 

 
Total Construction & Engineering         128,394   
Construction Materials – 0.0%      

Eagle Materials, Inc.

     88       6,169   

Martin Marietta Materials, Inc.

     72         11,485   
     

 

 

 
Total Construction Materials         17,654   
Consumer Finance – 1.3%      

American Express Co.

     3,818         234,425   

Capital One Financial Corp.

     2,840         196,840   

Cash America International, Inc.

     376         14,529   

Credit Acceptance Corp.*(a)

     95         17,247   

Discover Financial Services

     1,920         97,766   

Encore Capital Group, Inc.*(a)

     200         5,148   

First Cash Financial Services, Inc.

     69         3,178   

Green Dot Corp. Class A*

     224         5,145   

Navient Corp.

     2,485         29,746   

Nelnet, Inc. Class A

     360         14,173   

PRA Group, Inc.*

     261         7,671   

Regional Management Corp.*

     108         1,848   

Santander Consumer USA Holdings, Inc.*

     1,692         17,749   

SLM Corp.*

     739         4,700   

Synchrony Financial*

     3,112         89,190   

World Acceptance Corp.*(a)

     66         2,503   
     

 

 

 
Total Consumer Finance         741,858   
Containers & Packaging – 0.4%      

AptarGroup, Inc.

     142         11,134   

Avery Dennison Corp.

     237         17,090   

Ball Corp.

     413         29,443   

Bemis Co., Inc.

     264         13,670   

Berry Plastics Group, Inc.*

     136         4,916   

Crown Holdings, Inc.*

     494         24,498   

Graphic Packaging Holding Co.

     712         9,149   

Greif, Inc. Class A

     49         1,605   

International Paper Co.

     856         35,130   

Packaging Corp. of America

     376         22,711   

Sealed Air Corp.

     320         15,363   

Silgan Holdings, Inc.

     172         9,145   

Sonoco Products Co.

     285         13,843   

WestRock Co.

     479         18,695   
     

 

 

 
Total Containers & Packaging         226,392   
Distributors – 0.1%      

Core-Mark Holding Co., Inc.

     100         8,156   

Genuine Parts Co.

     370         36,763   

LKQ Corp.*

     702         22,415   

Pool Corp.

     104         9,125   
     

 

 

 
Total Distributors         76,459   
Diversified Consumer Services – 0.1%      

Apollo Education Group, Inc.*

     446         3,664   

Bright Horizons Family Solutions, Inc.*

     104         6,737   

Capella Education Co.

     63         3,316   

DeVry Education Group, Inc.(a)

     402         6,942   

Graham Holdings Co. Class B

     8         3,840   

Grand Canyon Education, Inc.*

     170         7,266   

H&R Block, Inc.

     802         21,189   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      93   


Table of Contents

Schedule of Investments (continued)

WisdomTree Total Earnings Fund (EXT)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Service Corp. International

     160       $ 3,949   

Sotheby’s

     94         2,513   

Strayer Education, Inc.*

     100         4,875   

Weight Watchers International, Inc.*(a)

     198         2,877   
     

 

 

 
Total Diversified Consumer Services         67,168   
Diversified Financial Services – 2.8%      

Berkshire Hathaway, Inc. Class B*

     8,676         1,230,951   

CBOE Holdings, Inc.

     168         10,975   

CME Group, Inc.

     614         58,975   

FactSet Research Systems, Inc.

     76         11,516   

Intercontinental Exchange, Inc.

     123         28,922   

Leucadia National Corp.

     565         9,136   

MarketAxess Holdings, Inc.

     70         8,738   

McGraw Hill Financial, Inc.

     536         53,053   

Moody’s Corp.

     517         49,921   

Morningstar, Inc.

     66         5,826   

MSCI, Inc.

     259         19,187   

Nasdaq, Inc.

     491         32,593   

Voya Financial, Inc.

     2,532         75,378   
     

 

 

 
Total Diversified Financial Services         1,595,171   
Diversified Telecommunication Services – 2.4%      

AT&T, Inc.

     11,977         469,139   

Atlantic Tele-Network, Inc.

     61         4,626   

CenturyLink, Inc.

     338         10,802   

Iridium Communications, Inc.*(a)

     626         4,927   

Level 3 Communications, Inc.*

     290         15,327   

Verizon Communications, Inc.

     15,880         858,790   
     

 

 

 
Total Diversified Telecommunication Services         1,363,611   
Electric Utilities – 2.3%      

ALLETE, Inc.

     109         6,112   

American Electric Power Co., Inc.

     1,422         94,421   

Cleco Corp.

     351         19,379   

Duke Energy Corp.

     1,730         139,576   

Edison International

     1,136         81,667   

El Paso Electric Co.

     129         5,918   

Empire District Electric Co. (The)

     168         5,552   

Eversource Energy

     968         56,473   

Exelon Corp.

     2,729         97,862   

FirstEnergy Corp.

     1,314         47,264   

Great Plains Energy, Inc.

     604         19,479   

Hawaiian Electric Industries, Inc.

     203         6,577   

IDACORP, Inc.

     127         9,473   

ITC Holdings Corp.

     448         19,519   

MGE Energy, Inc.

     120         6,270   

NextEra Energy, Inc.

     1,499         177,392   

OGE Energy Corp.

     686         19,640   

PG&E Corp.

     1,462         87,311   

Pinnacle West Capital Corp.

     344         25,824   

PNM Resources, Inc.

     330         11,128   

Portland General Electric Co.

     376         14,848   

PPL Corp.

     2,354         89,617   

Southern Co. (The)

     2,911         150,586   

Westar Energy, Inc.

     424       21,035   

Xcel Energy, Inc.

     1,713         71,638   
     

 

 

 
Total Electric Utilities         1,284,561   
Electrical Equipment – 0.5%      

Acuity Brands, Inc.

     84         18,324   

AMETEK, Inc.

     613         30,638   

AZZ, Inc.

     62         3,509   

Babcock & Wilcox Enterprises, Inc.*

     211         4,515   

Emerson Electric Co.

     2,648         143,998   

EnerSys

     168         9,361   

Franklin Electric Co., Inc.

     102         3,281   

Generac Holdings, Inc.*

     102         3,799   

Hubbell, Inc.

     154         16,313   

Powell Industries, Inc.

     53         1,580   

Regal Beloit Corp.

     132         8,328   

Rockwell Automation, Inc.

     423         48,116   
     

 

 

 
Total Electrical Equipment         291,762   
Electronic Equipment, Instruments & Components – 0.9%      

Amphenol Corp. Class A

     708         40,937   

Anixter International, Inc.*

     108         5,628   

Arrow Electronics, Inc.*

     472         30,402   

Avnet, Inc.

     584         25,871   

AVX Corp.

     569         7,152   

Belden, Inc.

     106         6,506   

Benchmark Electronics, Inc.*

     336         7,745   

CDW Corp.

     401         16,641   

Cognex Corp.

     139         5,414   

Coherent, Inc.*

     60         5,514   

Corning, Inc.

     4,862         101,567   

Dolby Laboratories, Inc. Class A

     280         12,169   

FEI Co.

     85         7,566   

Fitbit, Inc. Class A*(a)

     203         3,075   

FLIR Systems, Inc.

     368         12,126   

II-VI, Inc.*

     381         8,271   

Ingram Micro, Inc. Class A

     633         22,731   

Insight Enterprises, Inc.*

     328         9,394   

InvenSense, Inc.*

     175         1,470   

IPG Photonics Corp.*

     118         11,337   

Jabil Circuit, Inc.

     561         10,810   

Keysight Technologies, Inc.*

     196         5,437   

Littelfuse, Inc.

     86         10,587   

Methode Electronics, Inc.

     153         4,474   

MTS Systems Corp.

     93         5,659   

National Instruments Corp.

     174         5,239   

OSI Systems, Inc.*

     37         2,423   

PC Connection, Inc.

     257         6,633   

Plexus Corp.*

     196         7,746   

Rofin-Sinar Technologies, Inc.*

     128         4,124   

Rogers Corp.*

     63         3,772   

Sanmina Corp.*

     472         11,035   

ScanSource, Inc.*

     141         5,694   

SYNNEX Corp.

     159         14,722   

Tech Data Corp.*

     176         13,512   

 

See Notes to Financial Statements.

 

94   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree Total Earnings Fund (EXT)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Trimble Navigation Ltd.*

     306       $ 7,589   

Universal Display Corp.*

     176         9,522   

VeriFone Systems, Inc.*

     321         9,065   

Vishay Intertechnology, Inc.

     736         8,987   
     

 

 

 
Total Electronic Equipment, Instruments & Components         488,546   
Energy Equipment & Services – 0.4%      

Bristow Group, Inc.

     11         208   

Cameron International Corp.*

     779         52,232   

Dril-Quip, Inc.*

     156         9,447   

Era Group, Inc.*

     104         976   

FMC Technologies, Inc.*

     591         16,170   

Forum Energy Technologies, Inc.*

     135         1,782   

Halliburton Co.

     1,393         49,758   

Helmerich & Payne, Inc.(a)

     385         22,607   

National Oilwell Varco, Inc.

     2,126         66,119   

Newpark Resources, Inc.*

     595         2,570   

Oceaneering International, Inc.

     200         6,648   

Oil States International, Inc.*

     95         2,994   

RPC, Inc.(a)

     968         13,726   

U.S. Silica Holdings, Inc.

     248         5,635   
     

 

 

 
Total Energy Equipment & Services         250,872   
Food & Staples Retailing – 3.0%      

Andersons, Inc. (The)

     116         3,644   

Casey’s General Stores, Inc.

     87         9,859   

Costco Wholesale Corp.

     744         117,239   

CVS Health Corp.

     2,678         277,789   

Fresh Market, Inc. (The)*

     41         1,170   

Ingles Markets, Inc. Class A

     139         5,212   

Kroger Co. (The)

     2,540         97,155   

PriceSmart, Inc.

     58         4,906   

Rite Aid Corp.*

     11,385         92,788   

SpartanNash Co.

     59         1,788   

Sprouts Farmers Market, Inc.*

     125         3,630   

SUPERVALU, Inc.*

     817         4,706   

Sysco Corp.

     1,075         50,235   

United Natural Foods, Inc.*

     41         1,652   

Wal-Mart Stores, Inc.

     12,793         876,193   

Walgreens Boots Alliance, Inc.

     1,976         166,458   

Weis Markets, Inc.

     62         2,794   

Whole Foods Market, Inc.

     250         7,777   
     

 

 

 
Total Food & Staples Retailing         1,724,995   
Food Products – 2.1%      

Archer-Daniels-Midland Co.

     1,781         64,668   

B&G Foods, Inc.

     85         2,959   

Cal-Maine Foods, Inc.(a)

     184         9,551   

Campbell Soup Co.

     965         61,557   

ConAgra Foods, Inc.

     1,048         46,762   

Darling Ingredients, Inc.*

     150         1,976   

Flowers Foods, Inc.

     390         7,199   

General Mills, Inc.

     1,488         94,265   

Hain Celestial Group, Inc. (The)*

     104         4,255   

Hershey Co. (The)

     338         31,126   

Hormel Foods Corp.

     1,239       53,574   

Ingredion, Inc.

     265         28,299   

J&J Snack Foods Corp.

     35         3,790   

J.M. Smucker Co. (The)

     296         38,433   

Kellogg Co.

     726         55,575   

Kraft Heinz Co. (The)

     713         56,013   

Lancaster Colony Corp.

     84         9,288   

Landec Corp.*

     222         2,331   

McCormick & Co., Inc. Non-Voting Shares

     323         32,132   

Mead Johnson Nutrition Co.

     293         24,896   

Mondelez International, Inc. Class A

     9,769         391,932   

Pilgrim’s Pride Corp.*(a)

     1,000         25,400   

Pinnacle Foods, Inc.

     364         16,264   

Sanderson Farms, Inc.(a)

     74         6,673   

Seaboard Corp.*

     5         15,015   

Seneca Foods Corp. Class A*

     71         2,467   

Snyder’s-Lance, Inc.

     24         756   

Tootsie Roll Industries, Inc.(a)

     98         3,419   

TreeHouse Foods, Inc.*

     69         5,986   

Tyson Foods, Inc. Class A

     1,048         69,860   

WhiteWave Foods Co. (The)*

     149         6,055   
     

 

 

 
Total Food Products         1,172,476   
Gas Utilities – 0.2%      

AGL Resources, Inc.

     503         32,765   

Atmos Energy Corp.

     266         19,753   

New Jersey Resources Corp.

     168         6,120   

Northwest Natural Gas Co.

     70         3,770   

ONE Gas, Inc.

     118         7,210   

Piedmont Natural Gas Co., Inc.

     155         9,274   

Questar Corp.

     592         14,682   

South Jersey Industries, Inc.

     184         5,235   

Southwest Gas Corp.

     121         7,968   

UGI Corp.

     360         14,504   

WGL Holdings, Inc.

     133         9,625   
     

 

 

 
Total Gas Utilities         130,906   
Health Care Equipment & Supplies – 1.1%      

Abbott Laboratories

     2,440         102,065   

Align Technology, Inc.*

     104         7,560   

Baxter International, Inc.

     1,306         53,650   

Becton, Dickinson and Co.

     464         70,444   

Boston Scientific Corp.*

     1,770         33,294   

C.R. Bard, Inc.

     152         30,806   

CONMED Corp.

     96         4,026   

Cooper Cos., Inc. (The)

     88         13,549   

DENTSPLY SIRONA, Inc.

     477         29,398   

Edwards Lifesciences Corp.*

     214         18,877   

Globus Medical, Inc. Class A*

     166         3,943   

Greatbatch, Inc.*

     80         2,851   

Haemonetics Corp.*

     92         3,218   

Hill-Rom Holdings, Inc.

     145         7,294   

IDEXX Laboratories, Inc.*

     168         13,158   

Intuitive Surgical, Inc.*

     47         28,249   

Masimo Corp.*

     123         5,146   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      95   


Table of Contents

Schedule of Investments (continued)

WisdomTree Total Earnings Fund (EXT)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Nuvectra Corp.*

     26       $ 141   

ResMed, Inc.

     332         19,196   

St. Jude Medical, Inc.

     820         45,100   

Stryker Corp.

     394         42,272   

Teleflex, Inc.

     86         13,503   

Varian Medical Systems, Inc.*

     233         18,645   

West Pharmaceutical Services, Inc.

     154         10,675   

Zimmer Biomet Holdings, Inc.

     311         33,162   
     

 

 

 
Total Health Care Equipment & Supplies         610,222   
Health Care Providers & Services – 2.6%      

Acadia Healthcare Co., Inc.*

     88         4,850   

Aetna, Inc.

     1,153         129,540   

Air Methods Corp.*

     88         3,187   

Amsurg Corp.*

     24         1,790   

Anthem, Inc.

     934         129,817   

Cardinal Health, Inc.

     681         55,808   

Centene Corp.*

     398         24,480   

Chemed Corp.

     78         10,565   

Cigna Corp.

     935         128,319   

Community Health Systems, Inc.*

     715         13,235   

DaVita HealthCare Partners, Inc.*

     607         44,542   

Ensign Group, Inc. (The)

     214         4,845   

Express Scripts Holding Co.*

     1,381         94,861   

HCA Holdings, Inc.*

     1,542         120,353   

HealthSouth Corp.

     145         5,456   

Henry Schein, Inc.*

     184         31,764   

Humana, Inc.

     344         62,935   

Laboratory Corp. of America Holdings*

     283         33,148   

Landauer, Inc.

     18         595   

LifePoint Health, Inc.*

     124         8,587   

Magellan Health, Inc.*

     101         6,861   

McKesson Corp.

     456         71,706   

MEDNAX, Inc.*

     233         15,056   

Molina Healthcare, Inc.*

     51         3,289   

National Healthcare Corp.

     32         1,994   

Owens & Minor, Inc.

     147         5,942   

Patterson Cos., Inc.

     261         12,144   

Quest Diagnostics, Inc.

     432         30,866   

Select Medical Holdings Corp.*

     551         6,507   

Team Health Holdings, Inc.*

     113         4,725   

Tenet Healthcare Corp.*

     127         3,674   

Triple-S Management Corp. Class B*

     140         3,480   

UnitedHealth Group, Inc.

     2,788         359,373   

Universal Health Services, Inc. Class B

     244         30,432   

VCA, Inc.*

     190         10,961   

WellCare Health Plans, Inc.*

     41         3,803   
     

 

 

 
Total Health Care Providers & Services         1,479,490   
Health Care Technology – 0.1%      

Cerner Corp.*

     392         20,760   

HMS Holdings Corp.*

     150         2,153   

IMS Health Holdings, Inc.*

     108         2,867   

Medidata Solutions, Inc.*

     100         3,871   

Veeva Systems, Inc. Class A*

     154         3,856   
     

 

 

 
Total Health Care Technology         33,507   
Hotels, Restaurants & Leisure – 1.7%      

Aramark

     302       10,002   

Bloomin’ Brands, Inc.

     408         6,883   

Bob Evans Farms, Inc.

     117         5,463   

Bravo Brio Restaurant Group, Inc.*

     34         264   

Brinker International, Inc.

     176         8,087   

Buffalo Wild Wings, Inc.*

     30         4,444   

Cheesecake Factory, Inc. (The)

     83         4,407   

Chipotle Mexican Grill, Inc.*

     38         17,897   

Choice Hotels International, Inc.

     129         6,973   

Churchill Downs, Inc.

     39         5,767   

Cracker Barrel Old Country Store, Inc.(a)

     43         6,565   

Darden Restaurants, Inc.

     104         6,895   

DineEquity, Inc.

     47         4,391   

Domino’s Pizza, Inc.

     104         13,713   

Dunkin’ Brands Group, Inc.

     24         1,132   

Hilton Worldwide Holdings, Inc.

     1,402         31,573   

Hyatt Hotels Corp. Class A*(a)

     270         13,362   

International Speedway Corp. Class A

     141         5,204   

Interval Leisure Group, Inc.(a)

     225         3,249   

Jack in the Box, Inc.

     101         6,451   

Krispy Kreme Doughnuts, Inc.*

     329         5,129   

La Quinta Holdings, Inc.*

     272         3,400   

Las Vegas Sands Corp.

     2,952         152,559   

Marriott International, Inc. Class A(a)

     676         48,118   

McDonald’s Corp.

     2,232         280,518   

Panera Bread Co. Class A*

     47         9,627   

Papa John’s International, Inc.

     44         2,384   

SeaWorld Entertainment, Inc.(a)

     200         4,212   

Six Flags Entertainment Corp.

     184         10,210   

Sonic Corp.

     187         6,575   

Starbucks Corp.

     2,394         142,922   

Starwood Hotels & Resorts Worldwide, Inc.

     597         49,808   

Texas Roadhouse, Inc.

     138         6,014   

Vail Resorts, Inc.

     26         3,476   

Wendy’s Co. (The)

     680         7,405   

Wyndham Worldwide Corp.

     451         34,470   

Wynn Resorts Ltd.(a)

     31         2,896   

Yum! Brands, Inc.

     792         64,825   
     

 

 

 
Total Hotels, Restaurants & Leisure         997,270   
Household Durables – 0.7%      

CalAtlantic Group, Inc.

     696         23,260   

D.R. Horton, Inc.

     1,229         37,153   

Ethan Allen Interiors, Inc.

     96         3,055   

GoPro, Inc. Class A*(a)

     302         3,612   

Harman International Industries, Inc.

     143         12,733   

iRobot Corp.*(a)

     94         3,318   

Jarden Corp.*

     264         15,563   

La-Z-Boy, Inc.

     154         4,118   

Leggett & Platt, Inc.

     275         13,310   

Lennar Corp. Class A

     724         35,013   

M/I Homes, Inc.*

     322         6,005   

MDC Holdings, Inc.

     240         6,014   

 

See Notes to Financial Statements.

 

96   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree Total Earnings Fund (EXT)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Meritage Homes Corp.*

     200       $ 7,292   

Mohawk Industries, Inc.*

     168         32,071   

Newell Rubbermaid, Inc.

     665         29,453   

NVR, Inc.*

     9         15,592   

PulteGroup, Inc.

     1,461         27,335   

Taylor Morrison Home Corp. Class A*

     213         3,008   

Tempur Sealy International, Inc.*

     98         5,957   

Toll Brothers, Inc.*

     566         16,703   

TopBuild Corp.*

     168         4,996   

TRI Pointe Group, Inc.*

     293         3,452   

Tupperware Brands Corp.

     124         7,189   

WCI Communities, Inc.*

     393         7,302   

Whirlpool Corp.

     216         38,953   

William Lyon Homes Class A*(a)

     519         7,520   
     

 

 

 
Total Household Durables         369,977   
Household Products – 1.4%      

Church & Dwight Co., Inc.

     254         23,414   

Clorox Co. (The)

     265         33,406   

Colgate-Palmolive Co.

     1,598         112,899   

Kimberly-Clark Corp.

     701         94,291   

Procter & Gamble Co. (The)

     5,960         490,568   

Spectrum Brands Holdings, Inc.

     127         13,878   

WD-40 Co.

     41         4,428   
     

 

 

 
Total Household Products         772,884   
Independent Power & Renewable Electricity
Producers – 0.1%
      

AES Corp.

     3,617         42,681   

Calpine Corp.*

     968         14,685   

Dynegy, Inc.*

     192         2,759   

Ormat Technologies, Inc.

     135         5,567   
     

 

 

 
Total Independent Power & Renewable Electricity Producers         65,692   
Industrial Conglomerates – 1.3%      

3M Co.

     1,532         255,277   

Carlisle Cos., Inc.

     175         17,413   

Danaher Corp.

     1,543         146,369   

General Electric Co.

     9,621         305,852   

Raven Industries, Inc.

     62         993   

Roper Technologies, Inc.

     216         39,478   
     

 

 

 
Total Industrial Conglomerates         765,382   
Insurance – 3.4%      

Aflac, Inc.

     2,097         132,405   

Alleghany Corp.*

     61         30,268   

Allstate Corp. (The)

     1,924         129,620   

American Equity Investment Life Holding Co.

     357         5,998   

American Financial Group, Inc.

     312         21,955   

American International Group, Inc.

     4,567         246,846   

American National Insurance Co.

     99         11,435   

AMERISAFE, Inc.

     113         5,937   

AmTrust Financial Services, Inc.

     668         17,288   

Arthur J. Gallagher & Co.

     403         17,925   

Assurant, Inc.

     369         28,468   

Brown & Brown, Inc.

     344         12,315   

Cincinnati Financial Corp.

     382       24,968   

CNA Financial Corp.

     1,144         36,814   

CNO Financial Group, Inc.

     972         17,418   

Employers Holdings, Inc.

     232         6,528   

FBL Financial Group, Inc. Class A

     174         10,704   

Fidelity & Guaranty Life

     332         8,712   

First American Financial Corp.

     421         16,044   

Hanover Insurance Group, Inc. (The)

     159         14,345   

Hartford Financial Services Group, Inc. (The)

     1,761         81,147   

Horace Mann Educators Corp.

     280         8,873   

Infinity Property & Casualty Corp.

     60         4,830   

Kemper Corp.

     133         3,933   

Lincoln National Corp.

     1,144         44,845   

Loews Corp.

     1,183         45,262   

Markel Corp.*

     18         16,048   

Marsh & McLennan Cos., Inc.

     1,292         78,541   

MBIA, Inc.*

     699         6,186   

Mercury General Corp.

     128         7,104   

MetLife, Inc.

     6,135         269,572   

National General Holdings Corp.

     318         6,866   

National Western Life Group, Inc. Class A

     23         5,304   

Navigators Group, Inc. (The)*

     39         3,271   

Old Republic International Corp.

     935         17,092   

Primerica, Inc.

     277         12,335   

Principal Financial Group, Inc.

     1,136         44,815   

ProAssurance Corp.

     235         11,891   

Progressive Corp. (The)

     2,018         70,913   

Prudential Financial, Inc.

     1,002         72,364   

Reinsurance Group of America, Inc.

     312         30,030   

RLI Corp.

     181         12,102   

Selective Insurance Group, Inc.

     193         7,066   

State Auto Financial Corp.

     203         4,478   

Stewart Information Services Corp.

     152         5,515   

Torchmark Corp.

     490         26,538   

Travelers Cos., Inc. (The)

     1,768         206,343   

United Fire Group, Inc.

     115         5,039   

Universal Insurance Holdings, Inc.(a)

     231         4,112   

Unum Group

     1,000         30,920   

W.R. Berkley Corp.

     440         24,728   
     

 

 

 
Total Insurance         1,964,056   
Internet & Catalog Retail – 0.4%      

Expedia, Inc.

     259         27,925   

HSN, Inc.

     78         4,080   

Netflix, Inc.*

     197         20,139   

PetMed Express, Inc.(a)

     448         8,024   

Priceline Group, Inc. (The)*

     105         135,341   

TripAdvisor, Inc.*

     115         7,648   
     

 

 

 
Total Internet & Catalog Retail         203,157   
Internet Software & Services – 1.9%      

Akamai Technologies, Inc.*

     165         9,169   

Alphabet, Inc. Class A*

     1,044         796,468   

eBay, Inc.*

     1,993         47,553   

Facebook, Inc. Class A*

     1,446         164,989   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      97   


Table of Contents

Schedule of Investments (continued)

WisdomTree Total Earnings Fund (EXT)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

IAC/InterActiveCorp

     168       $ 7,909   

j2 Global, Inc.

     72         4,434   

Stamps.com, Inc.*

     79         8,396   

VeriSign, Inc.*

     488         43,207   

Yahoo!, Inc.*

     395         14,540   
     

 

 

 
Total Internet Software & Services         1,096,665   
IT Services – 3.5%      

Alliance Data Systems Corp.*

     116         25,520   

Automatic Data Processing, Inc.

     935         83,879   

Booz Allen Hamilton Holding Corp.

     521         15,776   

Broadridge Financial Solutions, Inc.

     317         18,801   

CACI International, Inc. Class A*

     122         13,017   

Cardtronics, Inc.*

     95         3,419   

Cognizant Technology Solutions Corp. Class A*

     1,368         85,774   

Computer Sciences Corp.

     584         20,084   

Convergys Corp.

     282         7,831   

CoreLogic, Inc.*

     207         7,183   

CSG Systems International, Inc.

     159         7,180   

DST Systems, Inc.

     158         17,818   

EPAM Systems, Inc.*

     119         8,886   

Euronet Worldwide, Inc.*

     76         5,632   

Fidelity National Information Services, Inc.

     472         29,882   

Fiserv, Inc.*

     509         52,213   

FleetCor Technologies, Inc.*

     126         18,743   

Gartner, Inc.*

     147         13,134   

Global Payments, Inc.

     360         23,508   

Heartland Payment Systems, Inc.

     94         9,078   

International Business Machines Corp.

     5,079         769,215   

Jack Henry & Associates, Inc.

     203         17,168   

ManTech International Corp. Class A

     151         4,830   

MasterCard, Inc. Class A

     2,083         196,843   

MAXIMUS, Inc.

     120         6,317   

NeuStar, Inc. Class A*(a)

     444         10,922   

Paychex, Inc.

     712         38,455   

Science Applications International Corp.

     146         7,788   

Sykes Enterprises, Inc.*

     249         7,515   

Syntel, Inc.*

     260         12,982   

TeleTech Holdings, Inc.

     277         7,690   

Teradata Corp.*

     227         5,956   

Total System Services, Inc.

     422         20,079   

Vantiv, Inc. Class A*

     88         4,741   

Visa, Inc. Class A

     4,484         342,936   

Western Union Co. (The)

     2,565         49,479   

WEX, Inc.*

     74         6,169   

Xerox Corp.

     3,363         37,531   
     

 

 

 
Total IT Services         2,013,974   
Leisure Products – 0.3%      

Brunswick Corp.

     842         40,399   

Hasbro, Inc.

     370         29,637   

Mattel, Inc.

     914         30,729   

Polaris Industries, Inc.

     70         6,894   

Smith & Wesson Holding Corp.*

     527         14,029   

Sturm Ruger & Co., Inc.

     164       11,214   

Vista Outdoor, Inc.*

     376         19,518   
     

 

 

 
Total Leisure Products         152,420   
Life Sciences Tools & Services – 0.4%      

Agilent Technologies, Inc.

     640         25,504   

Bio-Rad Laboratories, Inc. Class A*

     69         9,434   

Bio-Techne Corp.

     77         7,278   

Bruker Corp.

     289         8,092   

Cambrex Corp.*

     120         5,280   

Charles River Laboratories International, Inc.*

     153         11,619   

Illumina, Inc.*

     94         15,238   

Luminex Corp.*

     138         2,677   

Mettler-Toledo International, Inc.*

     51         17,583   

PAREXEL International Corp.*

     124         7,778   

PerkinElmer, Inc.

     274         13,552   

Quintiles Transnational Holdings, Inc.*

     317         20,637   

Thermo Fisher Scientific, Inc.

     553         78,299   

Waters Corp.*

     216         28,495   
     

 

 

 
Total Life Sciences Tools & Services         251,466   
Machinery – 2.2%      

Actuant Corp. Class A

     466         11,515   

AGCO Corp.

     589         29,273   

Allison Transmission Holdings, Inc.

     832         22,447   

American Railcar Industries, Inc.(a)

     57         2,322   

Astec Industries, Inc.

     85         3,967   

Barnes Group, Inc.

     159         5,570   

Blount International, Inc.*

     482         4,810   

Briggs & Stratton Corp.

     344         8,229   

Caterpillar, Inc.

     2,701         206,735   

Chart Industries, Inc.*

     17         369   

CLARCOR, Inc.

     110         6,357   

Cummins, Inc.

     1,112         122,253   

Deere & Co.

     1,622         124,878   

Donaldson Co., Inc.

     89         2,840   

Dover Corp.

     473         30,428   

EnPro Industries, Inc.

     84         4,845   

ESCO Technologies, Inc.

     149         5,808   

Federal Signal Corp.

     215         2,851   

Flowserve Corp.

     599         26,602   

Global Brass & Copper Holdings, Inc.

     201         5,015   

Graco, Inc.

     143         12,006   

Greenbrier Cos., Inc. (The)(a)

     118         3,262   

Hillenbrand, Inc.

     218         6,529   

Hyster-Yale Materials Handling, Inc.

     86         5,728   

IDEX Corp.

     189         15,664   

Illinois Tool Works, Inc.

     1,032         105,718   

ITT Corp.

     318         11,731   

John Bean Technologies Corp.

     93         5,246   

Joy Global, Inc.(a)

     1,248         20,055   

Kennametal, Inc.

     431         9,693   

Lincoln Electric Holdings, Inc.

     169         9,898   

Lindsay Corp.(a)

     26         1,862   

Manitowoc Co., Inc. (The)(a)

     215         931   

 

See Notes to Financial Statements.

 

98   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree Total Earnings Fund (EXT)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Manitowoc Foodservice, Inc.*

     215       $ 3,169   

Meritor, Inc.*

     444         3,579   

Middleby Corp. (The)*

     133         14,200   

Mueller Industries, Inc.

     215         6,325   

Nordson Corp.

     161         12,242   

Oshkosh Corp.

     463         18,923   

PACCAR, Inc.

     1,547         84,605   

Parker-Hannifin Corp.

     505         56,095   

RBC Bearings, Inc.*

     56         4,103   

Rexnord Corp.*

     8         162   

Snap-on, Inc.

     178         27,944   

Standex International Corp.

     42         3,268   

Stanley Black & Decker, Inc.

     354         37,244   

Terex Corp.

     537         13,361   

Timken Co. (The)

     646         21,635   

Toro Co. (The)

     162         13,951   

TriMas Corp.*

     112         1,962   

Trinity Industries, Inc.

     824         15,088   

Wabash National Corp.*

     451         5,953   

WABCO Holdings, Inc.*

     329         35,177   

Wabtec Corp.

     311         24,659   

Woodward, Inc.

     137         7,127   

Xylem, Inc.

     531         21,718   
     

 

 

 
Total Machinery         1,267,927   
Marine – 0.0%      

Kirby Corp.*

     291         17,544   

Matson, Inc.

     52         2,089   
     

 

 

 
Total Marine         19,633   
Media – 3.9%      

AMC Entertainment Holdings, Inc. Class A

     664         18,585   

AMC Networks, Inc. Class A*

     148         9,611   

Cable One, Inc.

     8         3,497   

Cablevision Systems Corp. Class A

     589         19,437   

CBS Corp. Class B Non-Voting Shares

     1,755         96,683   

Cinemark Holdings, Inc.

     275         9,853   

Comcast Corp. Class A

     6,907         421,880   

Crown Media Holdings, Inc. Class A*

     1,951         9,911   

Discovery Communications, Inc. Class A*

     1,494         42,773   

DISH Network Corp. Class A*

     760         35,158   

Entercom Communications Corp. Class A*

     437         4,623   

Entravision Communications Corp. Class A

     1,374         10,223   

Gannett Co., Inc.

     359         5,435   

Interpublic Group of Cos., Inc. (The)

     1,205         27,655   

John Wiley & Sons, Inc. Class A

     216         10,560   

Liberty Media Corp. Class A*

     934         36,080   

Meredith Corp.

     175         8,312   

MSG Networks, Inc. Class A*

     437         7,556   

National CineMedia, Inc.

     248         3,772   

New York Times Co. (The) Class A

     276         3,439   

Nexstar Broadcasting Group, Inc. Class A

     121         5,357   

Omnicom Group, Inc.

     699         58,178   

Regal Entertainment Group Class A(a)

     251         5,306   

Scholastic Corp.

     148         5,531   

Scripps Networks Interactive, Inc. Class A

     453       29,671   

Sinclair Broadcast Group, Inc. Class A

     250         7,687   

Sirius XM Holdings, Inc.*(a)

     5,500         21,725   

Starz Class A*

     488         12,849   

TEGNA, Inc.

     1,285         30,146   

Time Warner Cable, Inc.

     705         144,257   

Time Warner, Inc.

     2,821         204,664   

Time, Inc.

     366         5,651   

Tribune Media Co. Class A

     48         1,841   

Twenty-First Century Fox, Inc. Class A

     15,134         421,936   

Viacom, Inc. Class B

     2,392         98,742   

Walt Disney Co. (The)

     4,089         406,079   
     

 

 

 
Total Media         2,244,663   
Metals & Mining – 0.3%      

Alcoa, Inc.

     3,981         38,138   

Carpenter Technology Corp.

     7         239   

Commercial Metals Co.

     645         10,946   

Compass Minerals International, Inc.

     73         5,173   

Gold Resource Corp.(a)

     914         2,130   

Haynes International, Inc.

     40         1,460   

Materion Corp.

     82         2,171   

Newmont Mining Corp.

     743         19,749   

Nucor Corp.

     928         43,894   

Reliance Steel & Aluminum Co.

     316         21,864   

Steel Dynamics, Inc.

     584         13,146   

Worthington Industries, Inc.

     248         8,839   
     

 

 

 
Total Metals & Mining         167,749   
Multi-Utilities – 1.1%      

Alliant Energy Corp.

     329         24,438   

Ameren Corp.

     838         41,984   

Avista Corp.

     161         6,566   

Black Hills Corp.

     69         4,149   

CenterPoint Energy, Inc.

     1,280         26,778   

CMS Energy Corp.

     769         32,636   

Consolidated Edison, Inc.

     1,122         85,968   

Dominion Resources, Inc.

     796         59,795   

DTE Energy Co.

     514         46,599   

MDU Resources Group, Inc.

     512         9,964   

NiSource, Inc.

     767         18,071   

NorthWestern Corp.

     126         7,780   

Public Service Enterprise Group, Inc.

     1,704         80,327   

SCANA Corp.

     506         35,496   

Sempra Energy

     504         52,441   

TECO Energy, Inc.

     606         16,683   

Vectren Corp.

     190         9,606   

WEC Energy Group, Inc.

     904         54,303   
     

 

 

 
Total Multi-Utilities               613,584   
Multiline Retail – 0.8%      

Big Lots, Inc.

     234         10,598   

Dillard’s, Inc. Class A

     87         7,387   

Dollar General Corp.

     834         71,390   

Dollar Tree, Inc.*

     434         35,788   

Kohl’s Corp.

     968         45,118   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      99   


Table of Contents

Schedule of Investments (continued)

WisdomTree Total Earnings Fund (EXT)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Macy’s, Inc.

     2,053       $ 90,517   

Nordstrom, Inc.(a)

     789         45,139   

Target Corp.

     1,888         155,345   
     

 

 

 
Total Multiline Retail               461,282   
Oil, Gas & Consumable Fuels – 4.8%      

Alon USA Energy, Inc.

     264         2,724   

Antero Resources Corp.*

     3,441         85,578   

Chevron Corp.

     4,641         442,751   

Columbia Pipeline Group, Inc.

     668         16,767   

Concho Resources, Inc.*

     264         26,675   

CVR Energy, Inc.

     213         5,559   

Delek U.S. Holdings, Inc.

     301         4,587   

EP Energy Corp. Class A*(a)

     1,748         7,901   

EQT Corp.

     24         1,614   

Exxon Mobil Corp.

     14,990         1,253,014   

Green Plains, Inc.

     216         3,447   

HollyFrontier Corp.

     887         31,329   

Kinder Morgan, Inc.

     3,482         62,189   

Marathon Petroleum Corp.

     3,551         132,026   

Memorial Resource Development Corp.*

     136         1,384   

Oasis Petroleum, Inc.*(a)

     520         3,786   

ONEOK, Inc.

     36         1,075   

PDC Energy, Inc.*

     77         4,578   

Phillips 66

     2,872         248,687   

Pioneer Natural Resources Co.

     164         23,081   

Renewable Energy Group, Inc.*

     666         6,287   

RSP Permian, Inc.*

     114         3,311   

SM Energy Co.(a)

     157         2,942   

Spectra Energy Corp.

     989         30,263   

Tesoro Corp.

     712         61,239   

Valero Energy Corp.

     3,832         245,785   

Western Refining, Inc.

     744         21,643   

Williams Cos., Inc. (The)

     420         6,749   

World Fuel Services Corp.

     220         10,688   

WPX Energy, Inc.*

     765         5,347   
     

 

 

 
Total Oil, Gas & Consumable Fuels               2,753,006   
Paper & Forest Products – 0.0%      

Boise Cascade Co.*

     92         1,906   

Clearwater Paper Corp.*

     107         5,190   

KapStone Paper and Packaging Corp.

     488         6,759   

PH Glatfelter Co.

     215         4,457   

Schweitzer-Mauduit International, Inc.

     68         2,141   
     

 

 

 
Total Paper & Forest Products               20,453   
Personal Products – 0.2%      

Coty, Inc. Class A(a)

     104         2,894   

Estee Lauder Cos., Inc. (The) Class A

     803         75,731   

Inter Parfums, Inc.

     234         7,231   

Medifast, Inc.

     152         4,589   

Nu Skin Enterprises, Inc. Class A(a)

     297         11,360   

Revlon, Inc. Class A*

     8         291   

USANA Health Sciences, Inc.*

     62         7,528   
     

 

 

 
Total Personal Products               109,624   
Pharmaceuticals – 3.0%      

Akorn, Inc.*

     72       1,694   

Bristol-Myers Squibb Co.

     1,838         117,411   

Depomed, Inc.*(a)

     312         4,346   

Eli Lilly & Co.

     1,727         124,361   

Impax Laboratories, Inc.*

     187         5,988   

Johnson & Johnson

     7,534         815,179   

Lannett Co., Inc.*(a)

     86         1,542   

Merck & Co., Inc.

     3,281         173,598   

Pfizer, Inc.

     13,920         412,589   

Prestige Brands Holdings, Inc.*

     168         8,970   

Zoetis, Inc.

     692         30,676   
     

 

 

 
Total Pharmaceuticals               1,696,354   
Professional Services – 0.3%      

CBIZ, Inc.*

     544         5,489   

CEB, Inc.

     71         4,596   

Dun & Bradstreet Corp. (The)

     140         14,431   

Equifax, Inc.

     231         26,401   

FTI Consulting, Inc.*

     111         3,942   

Huron Consulting Group, Inc.*

     84         4,888   

IHS, Inc. Class A*

     70         8,691   

Insperity, Inc.

     121         6,259   

Kelly Services, Inc. Class A

     150         2,868   

Korn/Ferry International

     148         4,187   

ManpowerGroup, Inc.

     330         26,869   

Navigant Consulting, Inc.*

     292         4,616   

On Assignment, Inc.*

     152         5,612   

Robert Half International, Inc.

     376         17,514   

RPX Corp.*

     380         4,279   

TriNet Group, Inc.*

     98         1,406   

TrueBlue, Inc.*

     171         4,472   

Verisk Analytics, Inc.*

     271         21,658   

WageWorks, Inc.*

     41         2,075   
     

 

 

 
Total Professional Services               170,253   
Real Estate Investment Trusts (REITs) – 2.4%      

Acadia Realty Trust

     249         8,747   

Agree Realty Corp.

     73         2,808   

Alexander’s, Inc.

     9         3,425   

Alexandria Real Estate Equities, Inc.

     60         5,453   

American Campus Communities, Inc.

     120         5,651   

American Tower Corp.

     434         44,429   

Apartment Investment & Management Co. Class A

     440         18,401   

Apple Hospitality REIT, Inc.(a)

     307         6,082   

AvalonBay Communities, Inc.

     187         35,567   

Boston Properties, Inc.

     109         13,852   

Brandywine Realty Trust

     165         2,315   

Brixmor Property Group, Inc.

     101         2,588   

Camden Property Trust

     113         9,502   

CBL & Associates Properties, Inc.

     779         9,270   

Chatham Lodging Trust

     366         7,843   

Corporate Office Properties Trust

     428         11,231   

Corrections Corp. of America

     476         15,256   

Cousins Properties, Inc.

     193         2,003   

 

See Notes to Financial Statements.

 

100   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree Total Earnings Fund (EXT)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Crown Castle International Corp.

     277       $ 23,960   

DCT Industrial Trust, Inc.

     123         4,855   

Digital Realty Trust, Inc.

     227         20,087   

Douglas Emmett, Inc.

     127         3,824   

Duke Realty Corp.

     639         14,403   

Empire State Realty Trust, Inc. Class A

     507         8,888   

EPR Properties

     200         13,324   

Equity LifeStyle Properties, Inc.

     73         5,309   

Equity One, Inc.

     136         3,898   

Equity Residential

     352         26,411   

Essex Property Trust, Inc.

     19         4,443   

Extra Space Storage, Inc.

     197         18,412   

Federal Realty Investment Trust

     62         9,675   

First Industrial Realty Trust, Inc.

     151         3,434   

Gaming and Leisure Properties, Inc.

     418         12,925   

General Growth Properties, Inc.

     1,837         54,614   

Geo Group, Inc. (The)

     166         5,755   

HCP, Inc.

     1,315         42,843   

Healthcare Realty Trust, Inc.

     120         3,707   

Healthcare Trust of America, Inc. Class A

     126         3,707   

Hersha Hospitality Trust

     319         6,807   

Highwoods Properties, Inc.

     220         10,518   

Hospitality Properties Trust

     324         8,605   

Host Hotels & Resorts, Inc.

     2,581         43,103   

Iron Mountain, Inc.

     567         19,227   

Kilroy Realty Corp.

     124         7,672   

Kimco Realty Corp.

     1,104         31,773   

Lamar Advertising Co. Class A

     118         7,257   

LaSalle Hotel Properties

     734         18,578   

Lexington Realty Trust(a)

     197         1,694   

Liberty Property Trust

     301         10,071   

LTC Properties, Inc.

     92         4,162   

Macerich Co. (The)

     1,015         80,429   

Medical Properties Trust, Inc.

     509         6,607   

Mid-America Apartment Communities, Inc.

     73         7,461   

Monogram Residential Trust, Inc.

     247         2,435   

National Health Investors, Inc.

     136         9,047   

National Retail Properties, Inc.

     261         12,058   

Omega Healthcare Investors, Inc.

     338         11,931   

Outfront Media, Inc.

     488         10,297   

Parkway Properties, Inc.

     139         2,177   

Physicians Realty Trust

     184         3,419   

Piedmont Office Realty Trust, Inc. Class A

     313         6,357   

Post Properties, Inc.

     196         11,709   

Potlatch Corp.

     159         5,009   

Prologis, Inc.

     953         42,104   

PS Business Parks, Inc.

     35         3,518   

Public Storage

     254         70,061   

Ramco-Gershenson Properties Trust

     141         2,542   

Rayonier, Inc.

     544         13,426   

Realty Income Corp.

     355         22,191   

Regency Centers Corp.

     104         7,784   

Retail Opportunity Investments Corp.

     375         7,545   

RLJ Lodging Trust

     459         10,502   

Ryman Hospitality Properties, Inc.

     72       3,707   

Sabra Health Care REIT, Inc.

     152         3,054   

Select Income REIT

     356         8,206   

Senior Housing Properties Trust

     1,123         20,090   

Simon Property Group, Inc.

     396         82,245   

SL Green Realty Corp.

     136         13,176   

Sovran Self Storage, Inc.

     60         7,077   

Spirit Realty Capital, Inc.

     189         2,126   

STORE Capital Corp.

     75         1,941   

Sunstone Hotel Investors, Inc.

     523         7,322   

Tanger Factory Outlet Centers, Inc.

     288         10,480   

UDR, Inc.

     325         12,522   

Universal Health Realty Income Trust

     153         8,606   

Urban Edge Properties

     171         4,419   

Ventas, Inc.

     744         46,842   

Vornado Realty Trust

     116         10,954   

W.P. Carey, Inc.

     111         6,909   

Weingarten Realty Investors

     424         15,908   

Welltower, Inc.

     448         31,064   

Weyerhaeuser Co.

     1,827         56,600   
     

 

 

 
Total Real Estate Investment Trusts (REITs)               1,360,221   
Real Estate Management & Development – 0.1%      

CBRE Group, Inc. Class A*

     848         24,439   

Jones Lang LaSalle, Inc.

     120         14,078   

Realogy Holdings Corp.*

     360         13,000   
     

 

 

 
Total Real Estate Management & Development               51,517   
Road & Rail – 1.1%      

AMERCO

     72         25,726   

ArcBest Corp.

     122         2,634   

Avis Budget Group, Inc.*

     136         3,721   

CSX Corp.

     3,855         99,266   

Genesee & Wyoming, Inc. Class A*

     252         15,801   

Heartland Express, Inc.(a)

     264         4,897   

JB Hunt Transport Services, Inc.

     239         20,133   

Kansas City Southern

     345         29,480   

Knight Transportation, Inc.

     261         6,825   

Landstar System, Inc.

     202         13,051   

Norfolk Southern Corp.

     1,080         89,910   

Old Dominion Freight Line, Inc.*

     292         20,329   

Ryder System, Inc.

     216         13,993   

Saia, Inc.*

     104         2,928   

Swift Transportation Co.*

     1,256         23,399   

Union Pacific Corp.

     3,306         262,992   

Werner Enterprises, Inc.

     247         6,709   

YRC Worldwide, Inc.*

     127         1,184   
     

 

 

 
Total Road & Rail               642,978   
Semiconductors & Semiconductor Equipment – 2.8%      

Amkor Technology, Inc.*

     1,290         7,598   

Analog Devices, Inc.

     569         33,679   

Applied Materials, Inc.

     3,398         71,970   

Brooks Automation, Inc.

     432         4,493   

Cabot Microelectronics Corp.

     42         1,718   

Cirrus Logic, Inc.*

     350         12,744   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      101   


Table of Contents

Schedule of Investments (continued)

WisdomTree Total Earnings Fund (EXT)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Diodes, Inc.*

     191       $ 3,839   

Entegris, Inc.*

     441         6,006   

First Solar, Inc.*

     520         35,604   

Integrated Device Technology, Inc.*

     261         5,335   

Intel Corp.

     16,497         533,678   

KLA-Tencor Corp.

     440         32,036   

Lam Research Corp.

     400         33,040   

Linear Technology Corp.

     472         21,032   

Maxim Integrated Products, Inc.

     720         26,482   

Microchip Technology, Inc.

     488         23,522   

Micron Technology, Inc.*

     10,384         108,720   

MKS Instruments, Inc.

     169         6,363   

NVIDIA Corp.

     1,530         54,514   

ON Semiconductor Corp.*

     761         7,298   

Qorvo, Inc.*

     73         3,680   

QUALCOMM, Inc.

     6,616         338,342   

Silicon Laboratories, Inc.*

     45         2,023   

Skyworks Solutions, Inc.

     385         29,992   

SunPower Corp.*(a)

     280         6,255   

Synaptics, Inc.*

     109         8,692   

Teradyne, Inc.

     662         14,293   

Tessera Technologies, Inc.

     88         2,728   

Texas Instruments, Inc.

     2,493         143,148   

Xilinx, Inc.

     765         36,284   
     

 

 

 
Total Semiconductors & Semiconductor Equipment               1,615,108   
Software – 3.1%      

ACI Worldwide, Inc.*

     329         6,840   

Activision Blizzard, Inc.

     1,717         58,103   

Adobe Systems, Inc.*

     210         19,698   

ANSYS, Inc.*

     141         12,614   

Aspen Technology, Inc.*

     181         6,540   

CA, Inc.

     1,336         41,135   

Cadence Design Systems, Inc.*

     305         7,192   

Citrix Systems, Inc.*

     232         18,231   

Ebix, Inc.(a)

     358         14,603   

Electronic Arts, Inc.*

     457         30,212   

Fair Isaac Corp.

     106         11,246   

Fortinet, Inc.*

     83         2,542   

Intuit, Inc.

     445         46,285   

Manhattan Associates, Inc.*

     154         8,758   

Mentor Graphics Corp.

     280         5,692   

Microsoft Corp.

     15,309         845,516   

Oracle Corp.

     12,754         521,766   

Progress Software Corp.*

     192         4,631   

PTC, Inc.*

     238         7,892   

Red Hat, Inc.*

     173         12,890   

SS&C Technologies Holdings, Inc.

     106         6,723   

Symantec Corp.

     1,480         27,202   

Synopsys, Inc.*

     289         13,999   

TiVo, Inc.*

     602         5,725   

Tyler Technologies, Inc.*

     50         6,431   

VMware, Inc. Class A*(a)

     456         23,853   
     

 

 

 
Total Software               1,766,319   
Specialty Retail – 2.6%      

Aaron’s, Inc.

     241       6,049   

Abercrombie & Fitch Co. Class A

     208         6,560   

Advance Auto Parts, Inc.

     140         22,448   

American Eagle Outfitters, Inc.(a)

     503         8,385   

Asbury Automotive Group, Inc.*

     105         6,283   

Ascena Retail Group, Inc.*

     428         4,734   

AutoNation, Inc.*

     305         14,237   

AutoZone, Inc.*

     88         70,109   

Bed Bath & Beyond, Inc.*

     605         30,032   

Best Buy Co., Inc.

     1,484         48,141   

Buckle, Inc. (The)(a)

     171         5,792   

Cabela’s, Inc.*

     132         6,427   

Caleres, Inc.

     102         2,886   

CarMax, Inc.*

     635         32,448   

Cato Corp. (The) Class A

     156         6,014   

Chico’s FAS, Inc.

     632         8,387   

Children’s Place, Inc. (The)

     70         5,843   

Conn’s, Inc.*(a)

     248         3,090   

CST Brands, Inc.

     257         9,841   

Dick’s Sporting Goods, Inc.

     540         25,245   

DSW, Inc. Class A

     671         18,546   

Express, Inc.*

     434         9,292   

Finish Line, Inc. (The) Class A

     178         3,756   

Five Below, Inc.*

     122         5,043   

Foot Locker, Inc.

     463         29,864   

Francesca’s Holdings Corp.*

     202         3,870   

GameStop Corp. Class A(a)

     692         21,957   

Gap, Inc. (The)

     880         25,872   

Genesco, Inc.*

     45         3,251   

GNC Holdings, Inc. Class A

     403         12,795   

Group 1 Automotive, Inc.

     42         2,465   

Guess?, Inc.

     489         9,179   

Hibbett Sports, Inc.*(a)

     8         287   

Home Depot, Inc. (The)

     2,904         387,481   

L Brands, Inc.

     579         50,842   

Lithia Motors, Inc. Class A

     86         7,510   

Lowe’s Cos., Inc.

     2,004         151,803   

Mattress Firm Holding Corp.*(a)

     94         3,985   

Michaels Cos., Inc. (The)*

     440         12,307   

Monro Muffler Brake, Inc.

     47         3,359   

Murphy USA, Inc.*

     161         9,893   

O’Reilly Automotive, Inc.*

     200         54,732   

Outerwall, Inc.(a)

     126         4,661   

Penske Automotive Group, Inc.

     326         12,355   

Rent-A-Center, Inc.

     315         4,993   

Restoration Hardware Holdings, Inc.*(a)

     40         1,676   

Ross Stores, Inc.

     968         56,047   

Sally Beauty Holdings, Inc.*

     561         18,165   

Select Comfort Corp.*

     188         3,645   

Sonic Automotive, Inc. Class A

     272         5,027   

Staples, Inc.

     1,184         13,060   

Tailored Brands, Inc.

     88         1,575   

Tiffany & Co.

     360         26,417   

 

See Notes to Financial Statements.

 

102   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree Total Earnings Fund (EXT)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

TJX Cos., Inc. (The)

     1,688       $ 132,255   

Tractor Supply Co.

     201         18,182   

Ulta Salon Cosmetics & Fragrance, Inc.*

     97         18,793   

Urban Outfitters, Inc.*

     207         6,850   

Vitamin Shoppe, Inc.*

     44         1,362   

Williams-Sonoma, Inc.

     215         11,769   

Zumiez, Inc.*(a)

     124         2,470   
     

 

 

 
Total Specialty Retail               1,490,342   
Technology Hardware, Storage & Peripherals – 5.5%      

Apple, Inc.

     24,269         2,645,078   

Diebold, Inc.

     143         4,134   

Electronics For Imaging, Inc.*

     115         4,875   

EMC Corp.

     4,747         126,508   

HP, Inc.

     18,965         233,649   

NetApp, Inc.

     960         26,198   

SanDisk Corp.

     408         31,041   

Western Digital Corp.

     1,096         51,775   
     

 

 

 
Total Technology Hardware, Storage & Peripherals               3,123,258   
Textiles, Apparel & Luxury Goods – 0.7%      

Carter’s, Inc.

     113         11,908   

Coach, Inc.

     1,069         42,856   

Columbia Sportswear Co.

     109         6,550   

Deckers Outdoor Corp.*

     40         2,396   

G-III Apparel Group Ltd.*

     60         2,933   

Hanesbrands, Inc.

     754         21,368   

Iconix Brand Group, Inc.*(a)

     200         1,610   

Kate Spade & Co.*

     389         9,927   

NIKE, Inc. Class B

     2,988         183,672   

PVH Corp.

     74         7,330   

Ralph Lauren Corp.

     270         25,990   

Skechers U.S.A., Inc. Class A*

     293         8,922   

Steven Madden Ltd.*

     216         8,001   

Tumi Holdings, Inc.*

     125         3,353   

Under Armour, Inc. Class A*

     142         12,046   

Vera Bradley, Inc.*

     178         3,621   

VF Corp.

     997         64,566   

Wolverine World Wide, Inc.

     150         2,763   
     

 

 

 
Total Textiles, Apparel & Luxury Goods               419,812   
Thrifts & Mortgage Finance – 0.3%      

Astoria Financial Corp.

     393         6,225   

BofI Holding, Inc.*(a)

     298         6,359   

Capitol Federal Financial, Inc.

     269         3,567   

Dime Community Bancshares, Inc.

     77         1,357   

EverBank Financial Corp.

     344         5,191   

Flagstar Bancorp, Inc.*

     311         6,674   

HomeStreet, Inc.*

     201         4,183   

MGIC Investment Corp.*

     5,916         45,376   

New York Community Bancorp, Inc.

     1,513         24,056   

Northwest Bancshares, Inc.

     390         5,269   

Provident Financial Services, Inc.

     249         5,027   

Radian Group, Inc.

     3,272         40,573   

Territorial Bancorp, Inc.

     168         4,378   

TFS Financial Corp.

     208         3,613   

Walker & Dunlop, Inc.*

     103       2,500   

Washington Federal, Inc.

     420         9,513   

WSFS Financial Corp.

     144         4,683   
     

 

 

 
Total Thrifts & Mortgage Finance               178,544   
Tobacco – 1.5%      

Altria Group, Inc.

     4,464         279,714   

Philip Morris International, Inc.

     4,360         427,760   

Reynolds American, Inc.

     2,780         139,862   

Universal Corp.

     115         6,533   

Vector Group Ltd.

     104         2,375   
     

 

 

 
Total Tobacco               856,244   
Trading Companies & Distributors – 0.3%      

Air Lease Corp.

     388         12,463   

Applied Industrial Technologies, Inc.

     185         8,029   

Beacon Roofing Supply, Inc.*

     148         6,069   

CAI International, Inc.*

     121         1,169   

DXP Enterprises, Inc.*

     88         1,545   

Fastenal Co.(a)

     579         28,371   

GATX Corp.

     211         10,023   

HD Supply Holdings, Inc.*

     119         3,935   

Kaman Corp.

     80         3,415   

MRC Global, Inc.*

     409         5,374   

MSC Industrial Direct Co., Inc. Class A

     165         12,591   

Rush Enterprises, Inc. Class A*

     146         2,663   

TAL International Group, Inc.*

     66         1,019   

United Rentals, Inc.*

     397         24,689   

W.W. Grainger, Inc.(a)

     171         39,917   

Watsco, Inc.

     74         9,971   

WESCO International, Inc.*

     7         383   
     

 

 

 
Total Trading Companies & Distributors               171,626   
Transportation Infrastructure – 0.0%      

Wesco Aircraft Holdings, Inc.*

     376         5,411   
Water Utilities – 0.1%      

American States Water Co.

     162         6,376   

American Water Works Co., Inc.

     432         29,778   

Aqua America, Inc.

     463         14,733   

California Water Service Group

     317         8,470   
     

 

 

 
Total Water Utilities               59,357   
Wireless Telecommunication Services – 0.1%      

Spok Holdings, Inc.

     287         5,025   

T-Mobile U.S., Inc.*

     676         25,891   
     

 

 

 
Total Wireless Telecommunication Services               30,916   

TOTAL COMMON STOCKS

(Cost: $54,727,484)

              57,094,861   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      103   


Table of Contents

Schedule of Investments (concluded)

WisdomTree Total Earnings Fund (EXT)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.0%   
United States – 1.0%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(b)

(Cost: $546,794)(c)

     546,794       $ 546,794   

TOTAL INVESTMENTS IN SECURITIES – 100.8%

(Cost: $55,274,278)

        57,641,655   

Liabilities in Excess of Cash and Other Assets – (0.8)%

  

     (437,679
     

 

 

 
NET ASSETS – 100.0%             $ 57,203,976   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(c) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $557,263 and the total market value of the collateral held by the Fund was $585,288. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $38,494.

 

See Notes to Financial Statements.

 

104   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments

WisdomTree U.S. Quality Dividend Growth Fund (DGRW)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.8%      
United States – 99.8%      
Aerospace & Defense – 7.2%      

B/E Aerospace, Inc.

     7,611       $ 351,019   

Boeing Co. (The)

     67,942         8,624,557   

BWX Technologies, Inc.

     3,255         109,238   

Hexcel Corp.

     3,187         139,304   

Honeywell International, Inc.

     75,232         8,429,746   

Huntington Ingalls Industries, Inc.

     2,936         402,056   

Lockheed Martin Corp.

     37,667         8,343,241   

Northrop Grumman Corp.

     12,674         2,508,185   

Orbital ATK, Inc.

     2,844         247,257   

Raytheon Co.

     25,818         3,166,061   

Rockwell Collins, Inc.

     7,973         735,190   

United Technologies Corp.

     98,167         9,826,517   
     

 

 

 
Total Aerospace & Defense         42,882,371   
Air Freight & Logistics – 2.0%      

C.H. Robinson Worldwide, Inc.

     14,266         1,058,965   

Expeditors International of Washington, Inc.

     11,651         568,685   

FedEx Corp.

     7,850         1,277,352   

United Parcel Service, Inc. Class B

     84,034         8,863,066   
     

 

 

 
Total Air Freight & Logistics         11,768,068   
Airlines – 0.2%      

Alaska Air Group, Inc.

     5,067         415,595   

Allegiant Travel Co.

     454         80,839   

Southwest Airlines Co.

     17,896         801,741   
     

 

 

 
Total Airlines         1,298,175   
Auto Components – 0.2%      

BorgWarner, Inc.

     10,157         390,029   

Gentex Corp.

     22,511         353,197   

Lear Corp.

     2,330         259,026   
     

 

 

 
Total Auto Components         1,002,252   
Automobiles – 2.8%      

Ford Motor Co.

     602,329         8,131,442   

General Motors Co.

     228,158         7,171,006   

Harley-Davidson, Inc.

     18,437         946,371   

Thor Industries, Inc.

     4,020         256,355   
     

 

 

 
Total Automobiles         16,505,174   
Banks – 0.1%      

First Republic Bank

     5,352         356,657   
Beverages – 5.0%      

Brown-Forman Corp. Class A

     4,223         450,552   

Brown-Forman Corp. Class B

     6,827         672,255   

Coca-Cola Co. (The)

     547,411         25,394,396   

Coca-Cola Enterprises, Inc.

     21,199         1,075,637   

Constellation Brands, Inc. Class A

     6,226         940,687   

Dr. Pepper Snapple Group, Inc.

     16,253         1,453,343   
     

 

 

 
Total Beverages         29,986,870   
Biotechnology – 5.8%      

AbbVie, Inc.

     277,968         15,877,532   

Amgen, Inc.

     62,292         9,339,440   

Gilead Sciences, Inc.

     99,955       $ 9,181,866   
     

 

 

 
Total Biotechnology         34,398,838   
Building Products – 0.2%      

A.O. Smith Corp.

     3,071         234,348   

Lennox International, Inc.

     1,965         265,649   

Masco Corp.

     17,774         558,992   

Owens Corning

     6,818         322,355   
     

 

 

 
Total Building Products         1,381,344   
Capital Markets – 1.4%      

Ameriprise Financial, Inc.

     17,797         1,673,096   

Charles Schwab Corp. (The)

     40,386         1,131,616   

Eaton Vance Corp.

     15,066         505,012   

Federated Investors, Inc. Class B

     14,475         417,604   

Janus Capital Group, Inc.

     19,200         280,896   

LPL Financial Holdings, Inc.(a)

     9,593         237,906   

Raymond James Financial, Inc.

     8,065         383,975   

SEI Investments Co.

     6,584         283,441   

T. Rowe Price Group, Inc.

     29,944         2,199,686   

TD Ameritrade Holding Corp.

     43,043         1,357,146   
     

 

 

 
Total Capital Markets         8,470,378   
Chemicals – 2.7%      

Airgas, Inc.

     5,034         713,016   

CF Industries Holdings, Inc.

     27,735         869,215   

Ecolab, Inc.

     14,031         1,564,737   

FMC Corp.

     9,115         367,973   

International Flavors & Fragrances, Inc.

     6,330         720,164   

Monsanto Co.

     40,845         3,583,740   

NewMarket Corp.

     825         326,914   

PolyOne Corp.

     5,124         155,001   

PPG Industries, Inc.

     15,883         1,770,796   

Praxair, Inc.

     31,414         3,595,332   

Scotts Miracle-Gro Co. (The) Class A

     7,082         515,357   

Sherwin-Williams Co. (The)

     3,860         1,098,826   

Valspar Corp. (The)

     5,045         539,916   
     

 

 

 
Total Chemicals         15,820,987   
Commercial Services & Supplies – 0.2%      

Cintas Corp.

     5,220         468,808   

Deluxe Corp.

     4,408         275,456   

Healthcare Services Group, Inc.

     5,471         201,388   

Rollins, Inc.

     10,866         294,686   
     

 

 

 
Total Commercial Services & Supplies         1,240,338   
Communications Equipment – 2.0%      

Cisco Systems, Inc.

     406,272         11,566,564   

Harris Corp.

     7,505         584,339   
     

 

 

 
Total Communications Equipment               12,150,903   
Construction & Engineering – 0.0%      

EMCOR Group, Inc.

     1,932         93,895   

Valmont Industries, Inc.

     1,377         170,528   
     

 

 

 
Total Construction & Engineering         264,423   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      105   


Table of Contents

Schedule of Investments (continued)

WisdomTree U.S. Quality Dividend Growth Fund (DGRW)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Construction Materials – 0.1%      

Martin Marietta Materials, Inc.

     2,930       $ 467,364   
Consumer Finance – 0.7%      

American Express Co.

     66,743         4,098,020   
Containers & Packaging – 0.2%      

AptarGroup, Inc.

     4,232         331,831   

Graphic Packaging Holding Co.

     20,844         267,845   

Packaging Corp. of America

     13,247         800,119   
     

 

 

 
Total Containers & Packaging         1,399,795   
Distributors – 0.3%      

Genuine Parts Co.

     15,214         1,511,663   

Pool Corp.

     1,830         160,564   
     

 

 

 
Total Distributors         1,672,227   
Diversified Consumer Services – 0.1%      

H&R Block, Inc.

     24,521         647,845   
Diversified Financial Services – 0.7%      

CBOE Holdings, Inc.

     4,891         319,529   

FactSet Research Systems, Inc.

     1,722         260,935   

Intercontinental Exchange, Inc.

     5,443         1,279,867   

MarketAxess Holdings, Inc.

     1,064         132,819   

McGraw Hill Financial, Inc.

     15,522         1,536,367   

Morningstar, Inc.

     1,615         142,556   

MSCI, Inc.

     5,213         386,179   
     

 

 

 
Total Diversified Financial Services         4,058,252   
Electrical Equipment – 1.5%      

Acuity Brands, Inc.

     342         74,604   

AMETEK, Inc.

     6,770         338,365   

Emerson Electric Co.

     110,140         5,989,413   

EnerSys

     2,268         126,373   

Hubbell, Inc.

     5,354         567,149   

Rockwell Automation, Inc.

     15,241         1,733,664   
     

 

 

 
Total Electrical Equipment         8,829,568   
Electronic Equipment, Instruments & Components – 0.2%      

Amphenol Corp. Class A

     8,374         484,185   

Belden, Inc.

     405         24,859   

Cognex Corp.

     1,582         61,619   

FEI Co.

     1,415         125,949   

FLIR Systems, Inc.

     5,312         175,030   

National Instruments Corp.

     8,425         253,677   
     

 

 

 
Total Electronic Equipment, Instruments & Components         1,125,319   
Energy Equipment & Services – 0.5%      

Halliburton Co.

     66,933         2,390,847   

Oceaneering International, Inc.

     11,162         371,025   
     

 

 

 
Total Energy Equipment & Services         2,761,872   
Food & Staples Retailing – 3.7%      

Casey’s General Stores, Inc.

     1,195         135,417   

Costco Wholesale Corp.

     17,618         2,776,244   

CVS Health Corp.

     66,974         6,947,213   

Kroger Co. (The)

     40,283         1,540,825   

PriceSmart, Inc.

     1,063         89,909   

Sysco Corp.

     68,927       3,220,959   

Walgreens Boots Alliance, Inc.

     77,289         6,510,825   

Whole Foods Market, Inc.

     21,995         684,265   
     

 

 

 
Total Food & Staples Retailing         21,905,657   
Food Products – 2.5%      

Campbell Soup Co.

     29,260         1,866,495   

Flowers Foods, Inc.

     23,278         429,712   

General Mills, Inc.

     72,899         4,618,152   

Hershey Co. (The)

     16,808         1,547,849   

Hormel Foods Corp.

     32,220         1,393,193   

Ingredion, Inc.

     5,455         582,539   

Kellogg Co.

     40,812         3,124,159   

Lancaster Colony Corp.

     1,906         210,746   

McCormick & Co., Inc. Non-Voting Shares

     9,494         944,463   
     

 

 

 
Total Food Products         14,717,308   
Health Care Equipment & Supplies – 2.5%      

Abbott Laboratories

     130,009         5,438,277   

Baxter International, Inc.

     27,857         1,144,366   

Becton, Dickinson and Co.

     14,887         2,260,144   

C.R. Bard, Inc.

     1,505         305,018   

Cantel Medical Corp.

     292         20,837   

Cooper Cos., Inc. (The)

     30         4,619   

DENTSPLY SIRONA, Inc.

     2,576         158,759   

ResMed, Inc.

     12,246         708,064   

St. Jude Medical, Inc.

     21,893         1,204,115   

Stryker Corp.

     22,656         2,430,762   

West Pharmaceutical Services, Inc.

     2,310         160,129   

Zimmer Biomet Holdings, Inc.

     7,357         784,477   
     

 

 

 
Total Health Care Equipment & Supplies         14,619,567   
Health Care Providers & Services – 2.6%      

Aetna, Inc.

     13,481         1,514,590   

Cardinal Health, Inc.

     23,800         1,950,410   

Chemed Corp.

     410         55,534   

Cigna Corp.

     280         38,427   

HealthSouth Corp.

     9,832         369,978   

Humana, Inc.

     4,008         733,264   

McKesson Corp.

     5,494         863,931   

Patterson Cos., Inc.

     8,269         384,757   

Quest Diagnostics, Inc.

     13,024         930,565   

UnitedHealth Group, Inc.

     66,219         8,535,629   

Universal Health Services, Inc. Class B

     1,162         144,925   
     

 

 

 
Total Health Care Providers & Services         15,522,010   
Hotels, Restaurants & Leisure – 5.7%      

Churchill Downs, Inc.

     492         72,757   

Cracker Barrel Old Country Store, Inc.(a)

     3,003         458,468   

Darden Restaurants, Inc.

     17,029         1,129,023   

Dunkin’ Brands Group, Inc.

     8,390         395,756   

Hilton Worldwide Holdings, Inc.

     44,333         998,379   

Jack in the Box, Inc.

     1,876         119,820   

Las Vegas Sands Corp.

     176,399         9,116,300   

McDonald’s Corp.

     99,034         12,446,593   

Starbucks Corp.

     69,888         4,172,314   

 

See Notes to Financial Statements.

 

106   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree U.S. Quality Dividend Growth Fund (DGRW)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

Starwood Hotels & Resorts Worldwide, Inc.

     13,023       $ 1,086,509   

Wyndham Worldwide Corp.

     9,274         708,812   

Yum! Brands, Inc.

     39,090         3,199,516   
     

 

 

 
Total Hotels, Restaurants & Leisure         33,904,247   
Household Durables – 0.6%      

D.R. Horton, Inc.

     13,497         408,014   

Harman International Industries, Inc.

     3,791         337,551   

Lennar Corp. Class A

     2,193         106,053   

Newell Rubbermaid, Inc.

     15,678         694,379   

PulteGroup, Inc.

     22,729         425,260   

Tupperware Brands Corp.

     8,631         500,425   

Whirlpool Corp.

     6,806         1,227,394   
     

 

 

 
Total Household Durables         3,699,076   
Household Products – 2.1%      

Church & Dwight Co., Inc.

     8,546         787,771   

Colgate-Palmolive Co.

     84,205         5,949,083   

Kimberly-Clark Corp.

     43,251         5,817,692   
     

 

 

 
Total Household Products         12,554,546   
Industrial Conglomerates – 2.2%      

3M Co.

     65,759         10,957,422   

Carlisle Cos., Inc.

     3,511         349,345   

Danaher Corp.

     16,014         1,519,088   

Roper Technologies, Inc.

     2,239         409,222   
     

 

 

 
Total Industrial Conglomerates         13,235,077   
Insurance – 0.5%      

AmTrust Financial Services, Inc.

     13,772         356,419   

Marsh & McLennan Cos., Inc.

     47,485         2,886,613   
     

 

 

 
Total Insurance         3,243,032   
Internet & Catalog Retail – 0.1%      

Expedia, Inc.

     3,332         359,256   

HSN, Inc.

     5,045         263,904   
     

 

 

 
Total Internet & Catalog Retail         623,160   
Internet Software & Services – 0.0%      

j2 Global, Inc.

     2,201         135,538   
IT Services – 4.3%      

Automatic Data Processing, Inc.

     29,241         2,623,210   

Booz Allen Hamilton Holding Corp.

     6,809         206,177   

Broadridge Financial Solutions, Inc.

     6,723         398,741   

DST Systems, Inc.

     1,064         119,987   

Fidelity National Information Services, Inc.

     11,884         752,376   

Global Payments, Inc.

     34         2,220   

Heartland Payment Systems, Inc.

     416         40,173   

International Business Machines Corp.

     93,364         14,139,978   

Jack Henry & Associates, Inc.

     2,489         210,495   

MasterCard, Inc. Class A

     18,557         1,753,637   

MAXIMUS, Inc.

     771         40,585   

Paychex, Inc.

     29,033         1,568,072   

Total System Services, Inc.

     3,744         178,140   

Visa, Inc. Class A

     35,658         2,727,124   

Western Union Co. (The)

     43,474         838,613   
     

 

 

 
Total IT Services         25,599,528   
Leisure Products – 0.3%      

Brunswick Corp.

     3,845       184,483   

Hasbro, Inc.

     11,968         958,637   

Polaris Industries, Inc.

     5,118         504,021   
     

 

 

 
Total Leisure Products         1,647,141   
Life Sciences Tools & Services – 0.1%      

Agilent Technologies, Inc.

     15,212         606,198   

Bio-Techne Corp.

     2,195         207,472   
     

 

 

 
Total Life Sciences Tools & Services         813,670   
Machinery – 4.3%      

AGCO Corp.

     3,181         158,096   

Allison Transmission Holdings, Inc.

     16,224         437,723   

Caterpillar, Inc.

     110,420         8,451,547   

CLARCOR, Inc.

     3,670         212,089   

Cummins, Inc.

     31,926         3,509,944   

Donaldson Co., Inc.

     13,118         418,595   

Dover Corp.

     16,838         1,083,189   

Flowserve Corp.

     9,002         399,779   

Graco, Inc.

     3,833         321,819   

IDEX Corp.

     5,160         427,661   

Illinois Tool Works, Inc.

     35,240         3,609,986   

ITT Corp.

     4,649         171,502   

Lincoln Electric Holdings, Inc.

     6,870         402,376   

Nordson Corp.

     3,629         275,949   

PACCAR, Inc.

     28,800         1,575,072   

Parker-Hannifin Corp.

     14,504         1,611,104   

Stanley Black & Decker, Inc.

     12,347         1,299,028   

Toro Co. (The)

     3,019         259,996   

Trinity Industries, Inc.

     10,786         197,492   

Wabtec Corp.

     1,729         137,092   

Xylem, Inc.

     11,379         465,401   
     

 

 

 
Total Machinery         25,425,440   
Media – 4.4%      

CBS Corp. Class B Non-Voting Shares

     19,805         1,091,058   

Cinemark Holdings, Inc.

     12,469         446,764   

Comcast Corp. Class A

     148,154         9,049,246   

Scripps Networks Interactive, Inc. Class A

     5,505         360,578   

Time Warner, Inc.

     60,011         4,353,798   

Twenty-First Century Fox, Inc. Class A

     45,155         1,258,921   

Twenty-First Century Fox, Inc. Class B

     30,087         848,453   

Viacom, Inc. Class B

     46,706         1,928,024   

Walt Disney Co. (The)

     71,052         7,056,174   
     

 

 

 
Total Media         26,393,016   
Multiline Retail – 0.7%      

Dollar General Corp.

     12,890         1,103,384   

Macy’s, Inc.

     43,410         1,913,947   

Nordstrom, Inc.(a)

     17,765         1,016,336   
     

 

 

 
Total Multiline Retail         4,033,667   
Oil, Gas & Consumable Fuels – 0.5%      

Cabot Oil & Gas Corp.

     8,042         182,634   

CVR Energy, Inc.(a)

     16,762         437,488   

EQT Corp.

     1,434         96,451   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      107   


Table of Contents

Schedule of Investments (concluded)

WisdomTree U.S. Quality Dividend Growth Fund (DGRW)

March 31, 2016

 

  

 

 

Investments    Shares      Value  

HollyFrontier Corp.

     22,667       $ 800,599   

Tesoro Corp.

     9,520         818,815   

Western Refining, Inc.

     14,501         421,834   
     

 

 

 
Total Oil, Gas & Consumable Fuels         2,757,821   
Personal Products – 0.3%      

Edgewell Personal Care Co.

     6,464         520,546   

Estee Lauder Cos., Inc. (The) Class A

     12,665         1,194,436   
     

 

 

 
Total Personal Products         1,714,982   
Pharmaceuticals – 3.0%      

Bristol-Myers Squibb Co.

     147,275         9,407,927   

Eli Lilly & Co.

     107,332         7,728,977   

Zoetis, Inc.

     14,450         640,569   
     

 

 

 
Total Pharmaceuticals         17,777,473   
Professional Services – 0.2%      

Equifax, Inc.

     5,028         574,650   

ManpowerGroup, Inc.

     5,657         460,593   

Robert Half International, Inc.

     9,028         420,524   
     

 

 

 
Total Professional Services         1,455,767   
Real Estate Management & Development – 0.0%      

Jones Lang LaSalle, Inc.

     615         72,152   
Road & Rail – 1.5%      

JB Hunt Transport Services, Inc.

     5,243         441,670   

Kansas City Southern

     7,841         670,014   

Landstar System, Inc.

     845         54,595   

Union Pacific Corp.

     97,958         7,792,559   
     

 

 

 
Total Road & Rail         8,958,838   
Semiconductors & Semiconductor Equipment – 4.8%      

Analog Devices, Inc.

     22,034         1,304,193   

Applied Materials, Inc.

     64,974         1,376,149   

Intel Corp.

     329,512         10,659,713   

KLA-Tencor Corp.

     11,918         867,750   

Linear Technology Corp.

     16,686         743,528   

Monolithic Power Systems, Inc.

     1,172         74,586   

NVIDIA Corp.

     18,605         662,896   

QUALCOMM, Inc.

     151,595         7,752,568   

Skyworks Solutions, Inc.

     5,951         463,583   

Teradyne, Inc.

     6,515         140,659   

Texas Instruments, Inc.

     68,246         3,918,685   

Xilinx, Inc.

     17,040         808,207   
     

 

 

 
Total Semiconductors & Semiconductor Equipment         28,772,517   
Software – 4.9%      

Activision Blizzard, Inc.

     11,691         395,624   

Blackbaud, Inc.

     838         52,702   

Intuit, Inc.

     8,339         867,339   

Microsoft Corp.

     377,582         20,853,854   

Oracle Corp.

     171,199         7,003,751   

SS&C Technologies Holdings, Inc.

     1,920         121,766   
     

 

 

 
Total Software         29,295,036   
Specialty Retail – 3.7%      

Advance Auto Parts, Inc.

     456         73,115   

American Eagle Outfitters, Inc.(a)

     21,942         365,773   

CST Brands, Inc.

     1,604       61,417   

Dick’s Sporting Goods, Inc.

     4,644         217,107   

Foot Locker, Inc.

     7,221         465,755   

Gap, Inc. (The)

     50,403         1,481,848   

Home Depot, Inc. (The)

     80,677         10,764,732   

Lithia Motors, Inc. Class A

     540         47,158   

Lowe’s Cos., Inc.

     48,489         3,673,042   

Penske Automotive Group, Inc.

     7,091         268,749   

Ross Stores, Inc.

     12,810         741,699   

Tiffany & Co.

     9,431         692,047   

TJX Cos., Inc. (The)

     28,285         2,216,130   

Tractor Supply Co.

     4,393         397,391   

Williams-Sonoma, Inc.

     7,253         397,029   
     

 

 

 
Total Specialty Retail         21,862,992   
Technology Hardware, Storage & Peripherals – 3.3%      

Apple, Inc.

     180,348         19,656,128   
Textiles, Apparel & Luxury Goods – 1.4%      

Carter’s, Inc.

     1,881         198,220   

Coach, Inc.

     43,296         1,735,737   

Columbia Sportswear Co.

     3,807         228,762   

Hanesbrands, Inc.

     18,848         534,152   

NIKE, Inc. Class B

     48,012         2,951,298   

Ralph Lauren Corp.

     3,581         344,707   

VF Corp.

     35,746         2,314,911   
     

 

 

 
Total Textiles, Apparel & Luxury Goods         8,307,787   
Tobacco – 4.9%      

Altria Group, Inc.

     316,323         19,820,799   

Reynolds American, Inc.

     186,273         9,371,395   
     

 

 

 
Total Tobacco         29,192,194   
Trading Companies & Distributors – 0.6%      

Fastenal Co.(a)

     33,191         1,626,359   

MSC Industrial Direct Co., Inc. Class A

     5,597         427,107   

W.W. Grainger, Inc.(a)

     6,216         1,451,001   

Watsco, Inc.

     2,778         374,308   
     

 

 

 
Total Trading Companies & Distributors         3,878,775   

TOTAL COMMON STOCKS

(Cost: $576,270,517)

              594,361,182   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.6%   
United States – 0.6%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(b)

(Cost: $3,415,965)(c)

     3,415,965         3,415,965   

TOTAL INVESTMENTS IN SECURITIES – 100.4%

(Cost: $579,686,482)

        597,777,147   

Liabilities in Excess of Cash and Other Assets – (0.4)%

  

     (2,426,224
     

 

 

 
NET ASSETS – 100.0%             $ 595,350,923   
(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(c) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $3,344,182 and the total market value of the collateral held by the Fund was $3,420,702. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $4,737.

 

See Notes to Financial Statements.

 

108   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.6%      
United States – 99.6%      
Aerospace & Defense – 0.4%      

HEICO Corp.

     447       $ 26,878   

HEICO Corp. Class A

     738         35,129   

National Presto Industries, Inc.(a)

     475         39,776   

Triumph Group, Inc.

     1,250         39,350   
     

 

 

 
Total Aerospace & Defense         141,133   
Air Freight & Logistics – 0.4%      

Forward Air Corp.

     1,938         87,830   

Park-Ohio Holdings Corp.

     992         42,478   
     

 

 

 
Total Air Freight & Logistics         130,308   
Auto Components – 1.2%      

Cooper Tire & Rubber Co.

     3,423         126,719   

Dana Holding Corp.

     14,599         205,700   

Standard Motor Products, Inc.

     1,958         67,845   

Strattec Security Corp.

     164         9,412   
     

 

 

 
Total Auto Components         409,676   
Automobiles – 0.2%      

Winnebago Industries, Inc.

     2,938         65,958   
Banks – 3.0%      

Access National Corp.

     1,977         39,204   

BancFirst Corp.

     2,239         127,690   

BBCN Bancorp, Inc.

     15,760         239,394   

Central Pacific Financial Corp.

     6,500         141,505   

Great Southern Bancorp, Inc.

     1,955         72,589   

Hanmi Financial Corp.

     4,575         100,741   

Independent Bank Corp.

     3,574         52,002   

ServisFirst Bancshares, Inc.

     1,024         45,466   

United Community Banks, Inc.

     5,999         110,802   

Wilshire Bancorp, Inc.

     12,533         129,090   
     

 

 

 
Total Banks         1,058,483   
Beverages – 0.1%      

Coca-Cola Bottling Co. Consolidated

     294         46,969   
Building Products – 1.4%      

AAON, Inc.

     2,967         83,076   

Apogee Enterprises, Inc.

     1,622         71,190   

Insteel Industries, Inc.

     627         19,167   

Simpson Manufacturing Co., Inc.

     5,153         196,690   

Universal Forest Products, Inc.

     1,362         116,887   
     

 

 

 
Total Building Products         487,010   
Capital Markets – 3.8%      

Arlington Asset Investment Corp. Class A(a)

     22,156         277,615   

Cohen & Steers, Inc.

     11,401         443,727   

Evercore Partners, Inc. Class A

     6,848         354,384   

Financial Engines, Inc.(a)

     3,179         99,916   

GAMCO Investors, Inc. Class A

     413         15,306   

Pzena Investment Management, Inc. Class A

     1,541         11,634   

Westwood Holdings Group, Inc.

     2,424         142,168   
     

 

 

 
Total Capital Markets         1,344,750   
Chemicals – 5.3%      

A. Schulman, Inc.

     6,067       $ 165,144   

Axiall Corp.

     21,481         469,145   

Balchem Corp.

     1,133         70,269   

Calgon Carbon Corp.

     4,719         66,160   

Chase Corp.

     726         38,180   

FutureFuel Corp.

     5,897         69,526   

H.B. Fuller Co.

     5,433         230,631   

Hawkins, Inc.

     1,669         60,234   

Innophos Holdings, Inc.

     9,280         286,845   

Innospec, Inc.

     2,019         87,544   

Minerals Technologies, Inc.

     957         54,405   

Quaker Chemical Corp.

     1,634         138,661   

Stepan Co.

     2,555         141,266   
     

 

 

 
Total Chemicals         1,878,010   
Commercial Services & Supplies – 6.5%      

ABM Industries, Inc.

     7,273         234,990   

Essendant, Inc.

     3,705         118,301   

G&K Services, Inc. Class A

     2,732         200,119   

Herman Miller, Inc.

     6,842         211,349   

HNI Corp.

     7,136         279,517   

Knoll, Inc.

     6,686         144,752   

Matthews International Corp. Class A

     2,043         105,153   

McGrath RentCorp

     5,309         133,150   

Mobile Mini, Inc.

     6,133         202,512   

MSA Safety, Inc.

     6,362         307,603   

Multi-Color Corp.

     312         16,645   

Steelcase, Inc. Class A

     12,663         188,932   

U.S. Ecology, Inc.

     2,434         107,485   

UniFirst Corp.

     133         14,513   

VSE Corp.

     221         15,004   
     

 

 

 
Total Commercial Services & Supplies         2,280,025   
Communications Equipment – 1.1%      

Alliance Fiber Optic Products, Inc.*

     1,373         20,307   

InterDigital, Inc.

     4,281         238,237   

Plantronics, Inc.

     3,100         121,489   
     

 

 

 
Total Communications Equipment         380,033   
Construction & Engineering – 0.6%      

Argan, Inc.

     1,888         66,382   

Comfort Systems USA, Inc.

     1,753         55,693   

Primoris Services Corp.

     2,996         72,803   
     

 

 

 
Total Construction & Engineering         194,878   
Construction Materials – 0.1%      

United States Lime & Minerals, Inc.

     387         23,224   
Consumer Finance – 0.1%   

Cash America International, Inc.

     1,261         48,725   
Containers & Packaging – 0.9%      

Greif, Inc. Class A

     9,468         310,077   
Distributors – 0.2%      

Core-Mark Holding Co., Inc.

     955         77,890   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      109   


Table of Contents

Schedule of Investments (continued)

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Diversified Consumer Services – 0.7%      

Capella Education Co.

     2,021       $ 106,385   

Carriage Services, Inc.

     424         9,163   

DeVry Education Group, Inc.(a)

     5,459         94,277   

Liberty Tax, Inc.

     2,033         39,826   

Universal Technical Institute, Inc.

     2,725         11,745   
     

 

 

 
Total Diversified Consumer Services         261,396   
Diversified Financial Services – 0.2%      

A-Mark Precious Metals, Inc.

     642         12,776   

Marlin Business Services Corp.

     3,238         46,336   
     

 

 

 
Total Diversified Financial Services         59,112   
Diversified Telecommunication Services – 0.8%      

Atlantic Tele-Network, Inc.

     2,022         153,328   

Inteliquent, Inc.

     8,339         133,841   
     

 

 

 
Total Diversified Telecommunication Services         287,169   
Electric Utilities – 0.9%      

MGE Energy, Inc.

     6,396         334,191   
Electrical Equipment – 0.8%      

Allied Motion Technologies, Inc.

     232         4,176   

AZZ, Inc.

     1,601         90,617   

Encore Wire Corp.

     255         9,927   

Franklin Electric Co., Inc.

     3,536         113,753   

Hubbell, Inc.

     453         47,986   

Preformed Line Products Co.

     582         21,255   
     

 

 

 
Total Electrical Equipment         287,714   
Electronic Equipment, Instruments & Components – 2.4%      

Badger Meter, Inc.

     1,486         98,834   

CTS Corp.

     2,169         34,140   

Dolby Laboratories, Inc. Class A

     5,634         244,854   

Littelfuse, Inc.

     1,808         222,583   

Mesa Laboratories, Inc.

     165         15,898   

Methode Electronics, Inc.

     3,302         96,550   

MTS Systems Corp.

     2,223         135,269   
     

 

 

 
Total Electronic Equipment, Instruments & Components         848,128   
Energy Equipment & Services – 0.3%      

U.S. Silica Holdings, Inc.(a)

     5,133         116,622   
Food & Staples Retailing – 0.9%      

Andersons, Inc. (The)

     4,080         128,153   

Weis Markets, Inc.

     3,803         171,363   
     

 

 

 
Total Food & Staples Retailing         299,516   
Food Products – 3.4%      

Alico, Inc.

     379         10,464   

Cal-Maine Foods, Inc.(a)

     16,946         879,667   

Limoneira Co.(a)

     1,256         19,091   

Sanderson Farms, Inc.(a)

     1,978         178,376   

Tootsie Roll Industries, Inc.(a)

     3,383         118,212   
     

 

 

 
Total Food Products         1,205,810   
Gas Utilities – 2.5%      

Chesapeake Utilities Corp.

     2,530         159,314   

South Jersey Industries, Inc.

     25,658         729,970   
     

 

 

 
Total Gas Utilities         889,284   
Health Care Equipment & Supplies – 1.8%      

Abaxis, Inc.

     1,465       $ 66,496   

Analogic Corp.

     449         35,476   

Atrion Corp.

     127         50,211   

CONMED Corp.

     4,042         169,521   

LeMaitre Vascular, Inc.

     1,408         21,852   

Meridian Bioscience, Inc.

     12,759         262,963   

Utah Medical Products, Inc.

     528         33,021   
     

 

 

 
Total Health Care Equipment & Supplies         639,540   
Health Care Providers & Services – 0.8%      

Aceto Corp.

     2,116         49,853   

Ensign Group, Inc. (The)

     2,375         53,770   

National Healthcare Corp.

     1,920         119,616   

U.S. Physical Therapy, Inc.

     1,118         55,598   
     

 

 

 
Total Health Care Providers & Services         278,837   
Hotels, Restaurants & Leisure – 4.7%      

Bloomin’ Brands, Inc.

     9,790         165,157   

Cheesecake Factory, Inc. (The)

     4,803         254,991   

DineEquity, Inc.

     4,570         426,975   

Interval Leisure Group, Inc.(a)

     9,820         141,801   

Papa John’s International, Inc.

     2,697         146,150   

Ruth’s Hospitality Group, Inc.

     2,899         53,371   

Sonic Corp.

     4,050         142,398   

Texas Roadhouse, Inc.

     7,784         339,227   
     

 

 

 
Total Hotels, Restaurants & Leisure         1,670,070   
Household Durables – 2.0%      

Bassett Furniture Industries, Inc.

     856         27,272   

Ethan Allen Interiors, Inc.

     3,363         107,011   

Flexsteel Industries, Inc.

     676         29,528   

KB Home(a)

     3,994         57,034   

La-Z-Boy, Inc.

     4,573         122,282   

Lennar Corp. Class B

     714         27,639   

Libbey, Inc.

     2,330         43,338   

Lifetime Brands, Inc.

     1,077         16,230   

MDC Holdings, Inc.

     11,060         277,164   
     

 

 

 
Total Household Durables         707,498   
Household Products – 0.6%      

Oil-Dri Corp. of America

     600         20,268   

WD-40 Co.

     1,675         180,917   
     

 

 

 
Total Household Products         201,185   
Insurance – 1.4%   

AMERISAFE, Inc.

     1,778         93,416   

Employers Holdings, Inc.

     2,208         62,133   

Federated National Holding Co.

     747         14,686   

Fidelity & Guaranty Life

     4,427         116,164   

HCI Group, Inc.

     2,864         95,371   

Investors Title Co.

     45         4,098   

Stewart Information Services Corp.

     438         15,891   

Universal Insurance Holdings, Inc.(a)

     5,792         103,098   
     

 

 

 
Total Insurance         504,857   

 

See Notes to Financial Statements.

 

110   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Schedule of Investments (continued)

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Internet & Catalog Retail – 0.6%      

Nutrisystem, Inc.

     5,427       $ 113,262   

PetMed Express, Inc.(a)

     4,975         89,102   
     

 

 

 
Total Internet & Catalog Retail         202,364   
Internet Software & Services – 0.1%      

Reis, Inc.

     2,012         47,383   
IT Services – 3.6%      

Computer Task Group, Inc.

     3,239         16,551   

Convergys Corp.

     9,618         267,092   

CSG Systems International, Inc.

     5,015         226,477   

Forrester Research, Inc.

     3,078         103,452   

Hackett Group, Inc. (The)

     2,487         37,603   

Science Applications International Corp.

     9,118         486,354   

TeleTech Holdings, Inc.

     4,706         130,639   
     

 

 

 
Total IT Services         1,268,168   
Leisure Products – 0.4%      

Escalade, Inc.

     1,536         18,079   

Johnson Outdoors, Inc. Class A

     728         16,176   

Sturm Ruger & Co., Inc.

     1,775         121,374   
     

 

 

 
Total Leisure Products         155,629   
Machinery – 8.8%      

Actuant Corp. Class A

     629         15,543   

Alamo Group, Inc.

     409         22,785   

Albany International Corp. Class A

     3,051         114,687   

Altra Industrial Motion Corp.

     3,410         94,730   

American Railcar Industries, Inc.(a)

     3,724         151,678   

Barnes Group, Inc.

     4,243         148,632   

CIRCOR International, Inc.

     330         15,309   

Columbus McKinnon Corp.

     936         14,751   

Douglas Dynamics, Inc.

     5,146         117,895   

Eastern Co. (The)

     723         11,872   

EnPro Industries, Inc.

     2,210         127,473   

Federal Signal Corp.

     6,335         84,002   

Gorman-Rupp Co. (The)

     2,291         59,406   

Graham Corp.

     1,104         21,981   

Greenbrier Cos., Inc. (The)(a)

     4,451         123,026   

Hillenbrand, Inc.

     9,921         297,134   

Hurco Cos., Inc.

     492         16,231   

Hyster-Yale Materials Handling, Inc.

     1,547         103,030   

John Bean Technologies Corp.

     1,299         73,277   

Joy Global, Inc.(a)

     37,800         607,446   

Kadant, Inc.

     1,022         46,153   

L.B. Foster Co. Class A

     879         15,963   

Lindsay Corp.(a)

     1,078         77,195   

Manitowoc Co., Inc. (The)(a)

     4,192         18,151   

Mueller Industries, Inc.

     3,559         104,706   

Mueller Water Products, Inc. Class A

     8,472         83,703   

NN, Inc.

     2,608         35,677   

Standex International Corp.

     511         39,761   

Sun Hydraulics Corp.

     1,748         58,016   

Supreme Industries, Inc. Class A

     1,389         12,279   

Tennant Co.

     1,385         71,300   

Terex Corp.

     7,840         195,059   

Watts Water Technologies, Inc. Class A

     2,031         111,969   
     

 

 

 
Total Machinery         3,090,820   
Marine – 0.5%      

Matson, Inc.

     4,044       $ 162,448   
Media – 3.3%      

A.H. Belo Corp. Class A

     4,274         20,558   

AMC Entertainment Holdings, Inc. Class A

     4,212         117,894   

John Wiley & Sons, Inc. Class A

     7,300         356,897   

Meredith Corp.

     8,678         412,205   

New York Times Co. (The) Class A

     10,890         135,689   

Saga Communications, Inc. Class A

     570         22,834   

Scholastic Corp.

     2,661         99,442   
     

 

 

 
Total Media         1,165,519   
Metals & Mining – 3.3%      

Carpenter Technology Corp.

     8,413         287,977   

Gold Resource Corp.(a)

     22,293         51,943   

Haynes International, Inc.

     2,381         86,906   

Kaiser Aluminum Corp.

     2,563         216,676   

Materion Corp.

     1,984         52,536   

Worthington Industries, Inc.

     13,243         471,981   
     

 

 

 
Total Metals & Mining         1,168,019   
Multiline Retail – 0.7%      

Big Lots, Inc.

     5,508         249,457   
Oil, Gas & Consumable Fuels – 0.5%      

Green Plains, Inc.

     6,490         103,580   

Panhandle Oil and Gas, Inc. Class A

     1,289         22,313   

SM Energy Co.(a)

     2,233         41,846   
     

 

 

 
Total Oil, Gas & Consumable Fuels         167,739   
Paper & Forest Products – 2.3%      

KapStone Paper and Packaging Corp.

     12,324         170,687   

Neenah Paper, Inc.

     2,666         169,718   

PH Glatfelter Co.

     9,307         192,934   

Schweitzer-Mauduit International, Inc.

     9,031         284,296   
     

 

 

 
Total Paper & Forest Products         817,635   
Personal Products – 2.3%      

Inter Parfums, Inc.

     4,894         151,224   

Nu Skin Enterprises, Inc. Class A(a)

     17,027         651,283   
     

 

 

 
Total Personal Products         802,507   
Professional Services – 2.0%      

Barrett Business Services, Inc.

     836         24,035   

CEB, Inc.

     4,450         288,048   

Exponent, Inc.

     1,731         88,298   

Insperity, Inc.

     2,622         135,636   

Kforce, Inc.

     3,246         63,557   

Korn/Ferry International

     3,319         93,895   
     

 

 

 
Total Professional Services         693,469   
Real Estate Investment Trusts (REITs) – 1.2%      

Universal Health Realty Income Trust

     4,576         257,400   

Urstadt Biddle Properties, Inc. Class A

     7,466         156,413   
     

 

 

 
Total Real Estate Investment Trusts (REITs)         413,813   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      111   


Table of Contents

Schedule of Investments (concluded)

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS)

March 31, 2016

 

  

 

 

Investments    Shares      Value  
Road & Rail – 1.1%      

ArcBest Corp.

     2,237       $ 48,297   

Celadon Group, Inc.

     1,254         13,142   

Heartland Express, Inc.(a)

     2,274         42,183   

Knight Transportation, Inc.

     4,597         120,211   

Universal Truckload Services, Inc.

     3,497         57,596   

Werner Enterprises, Inc.

     3,990         108,368   
     

 

 

 
Total Road & Rail         389,797   
Semiconductors & Semiconductor Equipment – 1.2%      

IXYS Corp.

     3,174         35,612   

MKS Instruments, Inc.

     7,554         284,408   

Power Integrations, Inc.

     2,124         105,478   
     

 

 

 
Total Semiconductors & Semiconductor Equipment         425,498   
Software – 1.5%      

Ebix, Inc.(a)

     2,345         95,653   

Mentor Graphics Corp.

     11,123         226,131   

Monotype Imaging Holdings, Inc.

     4,707         112,591   

Pegasystems, Inc.

     2,538         64,414   

QAD, Inc. Class A

     1,514         32,173   
     

 

 

 
Total Software         530,962   
Specialty Retail – 9.9%      

Aaron’s, Inc.

     1,817         45,607   

Abercrombie & Fitch Co. Class A

     11,538         363,908   

Big 5 Sporting Goods Corp.

     5,360         59,550   

Buckle, Inc. (The)(a)

     7,909         267,878   

Cato Corp. (The) Class A

     4,682         180,491   

Chico’s FAS, Inc.

     21,138         280,501   

Children’s Place, Inc. (The)

     1,266         105,673   

DSW, Inc. Class A

     15,223         420,764   

Finish Line, Inc. (The) Class A

     5,518         116,430   

GNC Holdings, Inc. Class A

     10,780         342,265   

Group 1 Automotive, Inc.

     1,491         87,507   

Guess?, Inc.

     22,105         414,911   

Monro Muffler Brake, Inc.

     1,544         110,350   

Outerwall, Inc.(a)

     2,834         104,830   

Pier 1 Imports, Inc.

     22,833         160,059   

Rent-A-Center, Inc.

     18,623         295,174   

Shoe Carnival, Inc.

     1,296         34,940   

Sonic Automotive, Inc. Class A

     1,361         25,151   

Stein Mart, Inc.

     10,893         79,846   

Winmark Corp.

     76         7,446   
     

 

 

 
Total Specialty Retail         3,503,281   
Textiles, Apparel & Luxury Goods – 1.0%      

Culp, Inc.

     665         17,436   

Movado Group, Inc.

     1,561         42,974   

Oxford Industries, Inc.

     1,541         103,602   

Superior Uniform Group, Inc.

     1,574         28,049   

Wolverine World Wide, Inc.

     7,888         145,297   
     

 

 

 
Total Textiles, Apparel & Luxury Goods         337,358   
Thrifts & Mortgage Finance – 0.1%      

Hingham Institution for Savings

     153         18,224   
Tobacco – 1.1%      

Universal Corp.

     6,732       $ 382,445   
Trading Companies & Distributors – 3.1%      

Applied Industrial Technologies, Inc.

     6,132         266,129   

GATX Corp.

     8,994         427,215   

H&E Equipment Services, Inc.

     13,767         241,335   

Houston Wire & Cable Co.

     4,235         29,603   

Kaman Corp.

     2,751         117,440   
     

 

 

 
Total Trading Companies & Distributors         1,081,722   
Water Utilities – 1.0%      

American States Water Co.

     6,167         242,733   

Connecticut Water Service, Inc.

     2,534         114,284   
     

 

 

 
Total Water Utilities         357,017   
Wireless Telecommunication Services – 0.5%      

Shenandoah Telecommunications Co.

     3,996         106,893   

Spok Holdings, Inc.

     4,639         81,229   
     

 

 

 
Total Wireless Telecommunication Services         188,122   

TOTAL COMMON STOCKS

(Cost: $33,840,479)

  

  

     35,087,474   
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 11.4%   
United States – 11.4%      

State Street Navigator Securities Lending Prime Portfolio, 0.50%(b)

(Cost: $4,010,875)(c)

     4,010,875         4,010,875   

TOTAL INVESTMENTS IN SECURITIES – 111.0%

(Cost: $37,851,354)

        39,098,349   

Liabilities in Excess of Cash and Other Assets – (11.0)%

  

     (3,890,158
     

 

 

 
NET ASSETS – 100.0%             $ 35,208,191   
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at March 31, 2016 (See Note 2).

 

(b) 

Rate shown represents annualized 7-day yield as of March 31, 2016.

 

(c) 

At March 31, 2016, the total market value of the Fund’s securities on loan was $3,910,024 and the total market value of the collateral held by the Fund was $4,010,875.

 

See Notes to Financial Statements.

 

112   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Statements of Assets and Liabilities

WisdomTree Domestic Earnings and Dividend Funds

March 31, 2016

 

  

 

 

      WisdomTree
Dividend ex-
Financials Fund
     WisdomTree
Earnings 500
Fund
     WisdomTree
High Dividend
Fund
    

WisdomTree

LargeCap
Dividend Fund

    

WisdomTree
LargeCap

Value Fund

 

ASSETS:

              

Investments, at cost

   $ 847,543,032       $ 108,257,843       $ 954,557,821       $ 1,600,074,186       $ 134,089,710   

Investment in affiliates, at cost (Note 3)

     7,117,820         265,268         3,445,080         5,058,055         442,117   

Investments in securities, at value1 (Note 2)

     914,387,125         118,291,430         1,029,982,693         1,723,889,466         138,061,512   

Investment in affiliates, at value (Note 3)

     7,594,396         295,518         3,686,039         5,438,981         451,046   

Cash

     534,592         78,538         1,247,791         861,667         74,146   

Receivables:

              

Corporate action proceeds

                     269,929                   

Investment securities sold

     15,219                 12,819         14,272           

Capital shares sold

     7,541,501                         3,677,646         3,140,152   

Dividends and interest

     1,794,424         134,593         2,641,160         2,885,552         98,856   

Total Assets

     931,867,257         118,800,079         1,037,840,431         1,736,767,584         141,825,712   

LIABILITIES:

              

Payables:

              

Investment of cash collateral for securities loaned (Note 2)

     7,851,900         360,227         10,967,234         7,428,445         603,608   

Investment securities purchased

     7,530,373                 1,192,457         3,673,492         3,137,760   

Advisory fees (Note 3)

     288,901         27,752         314,689         400,246         22,498   

Service fees (Note 2)

     3,377         438         3,656         6,316         263   

Total Liabilities

     15,674,551         388,417         12,478,036         11,508,499         3,764,129   

NET ASSETS

   $ 916,192,706       $ 118,411,662       $ 1,025,362,395       $ 1,725,259,085       $ 138,061,583   

NET ASSETS:

              

Paid-in capital

   $ 993,849,555       $ 127,767,541       $ 1,035,828,212       $ 1,692,621,592       $ 145,103,459   

Undistributed net investment income

     1,793,666         119,227         2,271,943         2,220,554         100,708   

Accumulated net realized loss on investments

     (146,771,184      (19,538,943      (88,403,591      (93,779,267      (11,123,315

Net unrealized appreciation on investments

     67,320,669         10,063,837         75,665,831         124,196,206         3,980,731   

NET ASSETS

   $ 916,192,706       $ 118,411,662       $ 1,025,362,395       $ 1,725,259,085       $ 138,061,583   

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     12,150,000         1,700,000         16,200,000         23,500,000         2,200,000   

Net asset value per share

   $ 75.41       $ 69.65       $ 63.29       $ 73.42       $ 62.76   

1     Includes market value of securities out on loan of:

   $ 7,694,862       $ 352,445       $ 11,767,064       $ 7,272,171       $ 588,660   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      113   


Table of Contents

Statements of Assets and Liabilities (continued)

WisdomTree Domestic Earnings and Dividend Funds

March 31, 2016

 

  

 

 

      WisdomTree
MidCap
Dividend Fund
     WisdomTree
MidCap
Earnings Fund
     WisdomTree
SmallCap
Dividend Fund
     WisdomTree
SmallCap
Earnings Fund
     WisdomTree
Total Dividend
Fund
 

ASSETS:

              

Investments, at cost

   $ 1,530,392,800       $ 666,937,013       $ 1,299,682,731       $ 414,015,822       $ 434,703,975   

Investment in affiliates, at cost (Note 3)

     1,620,820         1,132,390         7,331,835         1,179,390         790,703   

Investments in securities, at value1 (Note 2)

     1,669,647,865         693,104,689         1,358,399,828         415,080,713         496,029,338   

Investment in affiliates, at value (Note 3)

     1,751,177         1,190,385         7,976,025         1,288,529         809,851   

Cash

     1,434,185         680,623         743,138         157,352         609,501   

Receivables:

              

Corporate action proceeds

                     1,868,006         128,832         110,081   

Investment securities sold

             634,863                         3,497   

Capital shares sold

     8,574,020                 3,425,264                   

Dividends and interest

     3,081,297         893,099         3,555,746         636,700         906,769   

Total Assets

     1,684,488,544         696,503,659         1,375,968,007         417,292,126         498,469,037   

LIABILITIES:

              

Payables:

              

Investment of cash collateral for securities loaned (Note 2)

     65,947,592         32,026,035         152,545,820         47,210,603         4,643,317   

Investment securities purchased

     8,557,910         1,323,375         6,386,091                   

Advisory fees (Note 3)

     493,150         207,509         374,168         115,499         115,562   

Service fees (Note 2)

     5,715         2,409         4,365         1,343         1,820   

Total Liabilities

     75,004,367         33,559,328         159,310,444         47,327,445         4,760,699   

NET ASSETS

   $ 1,609,484,177       $ 662,944,331       $ 1,216,657,563       $ 369,964,681       $ 493,708,338   

NET ASSETS:

              

Paid-in capital

   $ 1,551,036,277       $ 709,037,890       $ 1,288,422,179       $ 418,827,390       $ 461,111,806   

Undistributed net investment income

     3,831,392         922,187         3,602,359         671,594         813,671   

Accumulated net realized loss on investments

     (84,768,914      (73,241,417      (134,728,262      (50,708,333      (29,561,650

Net unrealized appreciation on investments

     139,385,422         26,225,671         59,361,287         1,174,030         61,344,511   

NET ASSETS

   $ 1,609,484,177       $ 662,944,331       $ 1,216,657,563       $ 369,964,681       $ 493,708,338   

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     18,700,000         7,350,000         17,700,000         4,800,000         6,650,000   

Net asset value per share

   $ 86.07       $ 90.20       $ 68.74       $ 77.08       $ 74.24   

1     Includes market value of securities out on loan of:

   $ 66,948,860       $ 33,834,243       $ 149,799,674       $ 46,400,922       $ 4,526,378   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

See Notes to Financial Statements.

 

114   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Statements of Assets and Liabilities (concluded)

WisdomTree Domestic Earnings and Dividend Funds

March 31, 2016

 

  

 

 

 

      WisdomTree
Total Earnings
Fund
     WisdomTree
U.S. Quality
Dividend
Growth Fund
     WisdomTree
U.S. SmallCap
Quality
Dividend
Growth Fund
 

ASSETS:

        

Investments, at cost

   $ 55,274,278       $ 579,686,482       $ 37,851,354   

Investments in securities, at value1 (Note 2)

     57,641,655         597,777,147         39,098,349   

Cash

     54,112         340,445         47,394   

Receivables:

        

Corporate action proceeds

     2,809                   

Capital shares sold

             1,557,015           

Dividends and interest

     65,750         787,988         84,405   

Total Assets

     57,764,326         600,462,595         39,230,148   

LIABILITIES:

        

Payables:

        

Investment of cash collateral for securities loaned (Note 2)

     546,794         3,415,965         4,010,875   

Investment securities purchased

             1,555,795           

Advisory fees (Note 3)

     13,346         137,747         10,955   

Service fees (Note 2)

     210         2,165         127   

Total Liabilities

     560,350         5,111,672         4,021,957   

NET ASSETS

   $ 57,203,976       $ 595,350,923       $ 35,208,191   

NET ASSETS:

        

Paid-in capital

   $ 61,397,562       $ 592,425,548       $ 37,899,186   

Undistributed net investment income

     62,502         762,081         85,633   

Accumulated net realized loss on investments

     (6,623,465      (15,927,371      (4,023,623

Net unrealized appreciation on investments

     2,367,377         18,090,665         1,246,995   

NET ASSETS

   $ 57,203,976       $ 595,350,923       $ 35,208,191   

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     800,000         19,050,000         1,250,000   

Net asset value per share

   $ 71.50       $ 31.25       $ 28.17   

1     Includes market value of securities out on loan of:

   $ 557,263       $ 3,344,182       $ 3,910,024   
  

 

 

    

 

 

    

 

 

 

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      115   


Table of Contents

Statements of Operations

WisdomTree Domestic Earnings and Dividend Funds

For the Year Ended March 31, 2016

 

  

 

 

      WisdomTree
Dividend ex-
Financials Fund
     WisdomTree
Earnings 500
Fund
     WisdomTree
High Dividend
Fund
     WisdomTree
LargeCap
Dividend Fund
     WisdomTree
LargeCap
Value Fund
 

INVESTMENT INCOME:

              

Dividends

   $ 38,222,875       $ 3,131,541       $ 37,045,597       $ 54,594,005       $ 734,371   

Dividends from affiliates (Note 3)

     156,186         15,998         66,172         146,234         3,690   

Securities lending income (Note 2)

     109,715         15,610         205,575         70,172         9,970   

Total investment income

     38,488,776         3,163,149         37,317,344         54,810,411         748,031   

EXPENSES:

              

Advisory fees (Note 3)

     3,872,643         369,836         3,618,575         4,967,081         137,447   

Service fees (Note 2)

     44,841         5,812         41,900         78,054         1,591   

Legal fees (Note 2)

                     2,642                   

Total expenses

     3,917,484         375,648         3,663,117         5,045,135         139,038   

Expense waivers (Note 3)

     (11,255      (193      (3,505      (8,198      (103

Net expenses

     3,906,229         375,455         3,659,612         5,036,937         138,935   

Net investment income

     34,582,547         2,787,694         33,657,732         49,773,474         609,096   

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

              

Net realized gain (loss) from:

              

Investment transactions

     (64,849,494      (341,769      (23,716,495      (26,025,062      (2,628,069

Investment transactions in affiliates (Note 3)

     25,551         (18,970      (121,353      (199,834      (13,855

In-kind redemptions

     102,489,087         10,007,196         50,516,410         134,116,351         2,385,543   

In-kind redemptions in affiliates (Note 3)

     21,912         4,546         19,592         5,941           

Capital gain distributions from affiliates (Note 3)

     17,402                                   

Net realized gain (loss)

     37,704,458         9,651,003         26,698,154         107,897,396         (256,381

Net change in unrealized appreciation (depreciation) on investments

     (62,963,675      (12,967,759      8,731,396         (112,492,541      (1,005,141

Net realized and unrealized gain (loss) on investments

     (25,259,217      (3,316,756      35,429,550         (4,595,145      (1,261,522

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

   $ 9,323,330       $ (529,062    $ 69,087,282       $ 45,178,329       $ (652,426

 

See Notes to Financial Statements.

 

116   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Statements of Operations (continued)

WisdomTree Domestic Earnings and Dividend Funds

For the Year Ended March 31, 2016

 

  

 

 

 

      WisdomTree
MidCap
Dividend Fund
     WisdomTree
MidCap
Earnings Fund
     WisdomTree
SmallCap
Dividend Fund
     WisdomTree
SmallCap
Earnings Fund
     WisdomTree
Total Dividend
Fund
 

INVESTMENT INCOME:

              

Dividends1

   $ 44,567,405       $ 11,463,722       $ 38,673,118       $ 5,254,168       $ 15,613,538   

Dividends from affiliates (Note 3)

     80,788         74,868         160,378         20,771         21,948   

Securities lending income (Note 2)

     847,447         640,439         2,533,860         1,328,138         71,874   

Total investment income

     45,495,640         12,179,029         41,367,356         6,603,077         15,707,360   

EXPENSES:

              

Advisory fees (Note 3)

     5,798,838         2,722,923         4,514,411         1,485,408         1,412,887   

Service fees (Note 2)

     67,144         31,529         52,272         17,199         22,203   

Legal fees (Note 2)

     8,688                                 1,091   

Total expenses

     5,874,670         2,754,452         4,566,683         1,502,607         1,436,181   

Expense waivers (Note 3)

     (4,393      (2,368      (12,702      (2,930      (336

Net expenses

     5,870,277         2,752,084         4,553,981         1,499,677         1,435,845   

Net investment income

     39,625,363         9,426,945         36,813,375         5,103,400         14,271,515   

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

              

Net realized gain (loss) from:

              

Investment transactions

     (76,989,129      (55,121,597      (65,523,980      (17,477,926      (6,865,536

Investment transactions in affiliates (Note 3)

     (174,731      (33,714      (152,227      (87,443      3,804   

In-kind redemptions

     95,750,695         46,090,508         69,562,832         6,563,625         50,232,892   

In-kind redemptions in affiliates (Note 3)

     5,477         52         27,171         3,089           

Capital gain distributions from affiliates (Note 3)

             19,516         57,850                   

Net realized gain (loss)

     18,592,312         (9,045,235      3,971,646         (10,998,655      43,371,160   

Net change in unrealized depreciation on investments

     (26,432,803      (51,333,584      (71,379,353      (27,316,211      (45,084,996

Net realized and unrealized loss on investments

     (7,840,491      (60,378,819      (67,407,707      (38,314,866      (1,713,836

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

   $ 31,784,872       $ (50,951,874    $ (30,594,332    $ (33,211,466    $ 12,557,679   

1     Net of foreign withholding tax of:

           $ 2,393               $ 911           
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      117   


Table of Contents

Statements of Operations (concluded)

WisdomTree Domestic Earnings and Dividend Funds

For the Year Ended March 31, 2016

 

  

 

 

 

      WisdomTree
Total Earnings
Fund
     WisdomTree
U.S. Quality
Dividend
Growth Fund
     WisdomTree
U.S. SmallCap
Quality
Dividend
Growth Fund
 

INVESTMENT INCOME:

        

Dividends1

   $ 1,753,512       $ 13,586,195       $ 771,059   

Securities lending income (Note 2)

     25,889         28,503         52,781   

Total investment income

     1,779,401         13,614,698         823,840   

EXPENSES:

        

Advisory fees (Note 3)

     218,074         1,476,847         111,123   

Service fees (Note 2)

     3,427         23,208         1,287   

Total expenses

     221,501         1,500,055         112,410   

Net investment income

     1,557,900         12,114,643         711,430   

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

        

Net realized gain (loss) from:

        

Investment transactions

     (1,437,264      (13,901,592      (2,996,689

In-kind redemptions

     12,988,767         16,350,188         1,114,959   

Net realized gain (loss)

     11,551,503         2,448,596         (1,881,730

Net change in unrealized appreciation (depreciation) on investments

     (16,664,487      (4,122,300      15,256   

Net realized and unrealized loss on investments

     (5,112,984      (1,673,704      (1,866,474

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

   $ (3,555,084    $ 10,440,939       $ (1,155,044

1     Net of foreign withholding tax of:

   $ 27                   
  

 

 

    

 

 

    

 

 

 

 

See Notes to Financial Statements.

 

118   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
High Dividend Fund
 
     For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

   

         

Net investment income

  $ 34,582,547      $ 40,438,109      $ 2,787,694      $ 2,326,752      $ 33,657,732      $ 31,264,944   

Net realized gain on investments

    37,704,458        100,929,982        9,651,003        10,117,566        26,698,154        100,160,031   

Net change in unrealized appreciation (depreciation) on investments

    (62,963,675     (13,005,302     (12,967,759     (211,909     8,731,396        (41,482,698

Net increase (decrease) in net assets resulting from operations

    9,323,330        128,362,789        (529,062     12,232,409        69,087,282        89,942,277   

DIVIDENDS:

           

Net investment income

    (34,743,423     (39,456,992     (2,740,986     (2,297,699     (32,904,903     (30,019,168

CAPITAL SHARE TRANSACTIONS:

           

Net proceeds from sale of shares

    276,794,268        378,042,831        10,234,135        49,289,980        202,163,650        562,545,150   

Cost of shares redeemed

    (586,168,230     (343,773,894     (27,938,473     (21,189,284     (272,832,879     (360,213,965

Net increase (decrease) in net assets resulting from capital share transactions

    (309,373,962     34,268,937        (17,704,338     28,100,696        (70,669,229     202,331,185   

Net Increase (Decrease) in Net Assets

    (334,794,055     123,174,734        (20,974,386     38,035,406        (34,486,850     262,254,294   

NET ASSETS:

           

Beginning of year

  $ 1,250,986,761      $ 1,127,812,027      $ 139,386,048      $ 101,350,642      $ 1,059,849,245      $ 797,594,951   

End of year

  $ 916,192,706      $ 1,250,986,761      $ 118,411,662      $ 139,386,048      $ 1,025,362,395      $ 1,059,849,245   

Undistributed net investment income included in net assets at end of year

  $ 1,793,666      $ 1,544,980      $ 119,227      $ 68,476      $ 2,271,943      $ 1,451,628   

SHARES CREATED AND REDEEMED:

           

Shares outstanding, beginning of year

    16,500,000        16,050,000        1,950,000        1,550,000        17,450,000        14,100,000   

Shares created

    3,950,000        4,950,000        150,000        700,000        3,400,000        9,250,000   

Shares redeemed

    (8,300,000     (4,500,000     (400,000     (300,000     (4,650,000     (5,900,000

Shares outstanding, end of year

    12,150,000        16,500,000        1,700,000        1,950,000        16,200,000        17,450,000   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      119   


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
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

   

         

Net investment income

  $ 49,773,474      $ 54,055,938      $ 609,096      $ 389,856      $ 39,625,363      $ 32,448,034   

Net realized gain (loss) on investments

    107,897,396        270,980,053        (256,381     4,288,300        18,592,312        124,743,157   

Net change in unrealized appreciation (depreciation) on investments

    (112,492,541     (78,758,022     (1,005,141     (860,084     (26,432,803     7,825,969   

Net increase (decrease) in net assets resulting from operations

    45,178,329        246,277,969        (652,426     3,818,072        31,784,872        165,017,160   

DIVIDENDS AND DISTRIBUTIONS:

           

Net investment income

    (49,180,302     (52,955,618     (522,957     (385,836     (38,312,134     (30,452,989

Capital gains

                                (5,471,376       

Total dividends and distributions

    (49,180,302     (52,955,618     (522,957     (385,836     (43,783,510     (30,452,989

CAPITAL SHARE TRANSACTIONS:

           

Net proceeds from sale of shares

    174,323,599        895,710,195        129,363,313        17,435,834        452,684,354        765,348,105   

Cost of shares redeemed

    (551,680,751     (804,300,296     (16,637,196     (20,714,417     (427,097,281     (297,164,121

Net increase (decrease) in net assets resulting from capital share transactions

    (377,357,152     91,409,899        112,726,117        (3,278,583     25,587,073        468,183,984   

Net Increase (Decrease) in Net Assets

    (381,359,125     284,732,250        111,550,734        153,653        13,588,435        602,748,155   

NET ASSETS:

           

Beginning of year

  $ 2,106,618,210      $ 1,821,885,960      $ 26,510,849      $ 26,357,196      $ 1,595,895,742      $ 993,147,587   

End of year

  $ 1,725,259,085      $ 2,106,618,210      $ 138,061,583      $ 26,510,849      $ 1,609,484,177      $ 1,595,895,742   

Undistributed net investment income included in net assets at end of year

  $ 2,220,554      $ 1,613,503      $ 100,708      $ 12,607      $ 3,831,392      $ 1,981,151   

SHARES CREATED AND REDEEMED:

           

Shares outstanding, beginning of year

    28,750,000        26,950,000        400,000        450,000        18,550,000        12,900,000   

Shares created

    2,450,000        12,750,000        2,050,000        300,000        5,550,000        9,250,000   

Shares redeemed

    (7,700,000     (10,950,000     (250,000     (350,000     (5,400,000     (3,600,000

Shares outstanding, end of year

    23,500,000        28,750,000        2,200,000        400,000        18,700,000        18,550,000   

 

See Notes to Financial Statements.

 

120   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
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

   

         

Net investment income

  $ 9,426,945      $ 8,335,542      $ 36,813,375      $ 31,096,433      $ 5,103,400      $ 5,250,296   

Net realized gain (loss) on investments

    (9,045,235     53,922,532        3,971,646        69,775,853        (10,998,655     37,522,298   

Net change in unrealized depreciation on investments

    (51,333,584     (1,974,745     (71,379,353     (11,600,102     (27,316,211     (22,953,050

Net increase (decrease) in net assets resulting from operations

    (50,951,874     60,283,329        (30,594,332     89,272,184        (33,211,466     19,819,544   

DIVIDENDS:

           

Net investment income

    (8,681,892     (8,472,389     (34,291,884     (31,680,603     (4,657,222     (5,168,210

CAPITAL SHARE TRANSACTIONS:

           

Net proceeds from sale of shares

    236,177,386        371,307,213        321,756,216        442,081,745        31,074,547        171,056,045   

Cost of shares redeemed

    (251,130,947     (200,268,963     (289,144,744     (313,266,398     (45,362,482     (203,157,138

Net increase (decrease) in net assets resulting from capital share transactions

    (14,953,561     171,038,250        32,611,472        128,815,347        (14,287,935     (32,101,093

Net Increase (Decrease) in Net Assets

    (74,587,327     222,849,190        (32,274,744     186,406,928        (52,156,623     (17,449,759

NET ASSETS:

           

Beginning of year

  $ 737,531,658      $ 514,682,468      $ 1,248,932,307      $ 1,062,525,379      $ 422,121,304      $ 439,571,063   

End of year

  $ 662,944,331      $ 737,531,658      $ 1,216,657,563      $ 1,248,932,307      $ 369,964,681      $ 422,121,304   

Undistributed net investment income included in net assets at end of year

  $ 922,187      $ 144,332      $ 3,602,359      $ 1,035,913      $ 671,594      $ 198,054   

SHARES CREATED AND REDEEMED:

           

Shares outstanding, beginning of year

    7,650,000        5,800,000        17,350,000        15,550,000        5,000,000        5,400,000   

Shares created

    2,650,000        4,050,000        4,850,000        6,300,000        400,000        2,100,000   

Shares redeemed

    (2,950,000     (2,200,000     (4,500,000     (4,500,000     (600,000     (2,500,000

Shares outstanding, end of year

    7,350,000        7,650,000        17,700,000        17,350,000        4,800,000        5,000,000   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      121   


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. Quality Dividend Growth Fund
 
     For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

   

         

Net investment income

  $ 14,271,515      $ 13,604,539      $ 1,557,900      $ 1,709,121      $ 12,114,643      $ 4,538,731   

Net realized gain on investments

    43,371,160        35,717,037        11,551,503        7,455,398        2,448,596        5,617,690   

Net change in unrealized appreciation (depreciation) on investments

    (45,084,996     4,486,777        (16,664,487     (348,237     (4,122,300     15,841,017   

Net increase (decrease) in net assets resulting from operations

    12,557,679        53,808,353        (3,555,084     8,816,282        10,440,939        25,997,438   

DIVIDENDS AND DISTRIBUTIONS:

           

Net investment income

    (14,082,024     (13,202,159     (1,549,810     (1,687,769     (11,551,881     (4,457,140

Capital gains

                                       (5,475

Total dividends and distributions

    (14,082,024     (13,202,159     (1,549,810     (1,687,769     (11,551,881     (4,462,615

CAPITAL SHARE TRANSACTIONS:

           

Net proceeds from sale of shares

    42,946,184        189,610,089               43,490,775        270,044,627        393,421,791   

Cost of shares redeemed

    (130,575,780     (67,308,790     (44,900,157     (14,584,629     (121,740,728     (71,600,204

Net increase (decrease) in net assets resulting from capital share transactions

    (87,629,596     122,301,299        (44,900,157     28,906,146        148,303,899        321,821,587   

Net Increase (Decrease) in Net Assets

    (89,153,941     162,907,493        (50,005,051     36,034,659        147,192,957        343,356,410   

NET ASSETS:

           

Beginning of year

  $ 582,862,279      $ 419,954,786      $ 107,209,027      $ 71,174,368      $ 448,157,966      $ 104,801,556   

End of year

  $ 493,708,338      $ 582,862,279      $ 57,203,976      $ 107,209,027      $ 595,350,923      $ 448,157,966   

Undistributed net investment income included in net assets at end of year

  $ 813,671      $ 596,466      $ 62,502      $ 49,850      $ 762,081      $ 170,127   

SHARES CREATED AND REDEEMED:

           

Shares outstanding, beginning of year

    7,850,000        6,150,000        1,450,000        1,050,000        14,350,000        3,750,000   

Shares created

    600,000        2,600,000               600,000        8,800,000        12,900,000   

Shares redeemed

    (1,800,000     (900,000     (650,000     (200,000     (4,100,000     (2,300,000

Shares outstanding, end of year

    6,650,000        7,850,000        800,000        1,450,000        19,050,000        14,350,000   

 

See Notes to Financial Statements.

 

122   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 Quality
Dividend Growth Fund
 
      For the
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

     

Net investment income

   $ 711,430       $ 562,440   

Net realized gain (loss) on investments

     (1,881,730      883,609   

Net change in unrealized appreciation on investments

     15,256         466,901   

Net increase (decrease) in net assets resulting from operations

     (1,155,044      1,912,950   

DIVIDENDS AND DISTRIBUTIONS:

     

Net investment income

     (646,575      (581,041

Capital gains

             (1,702

Total dividends and distributions

     (646,575      (582,743

CAPITAL SHARE TRANSACTIONS:

     

Net proceeds from sale of shares

     22,218,605         10,037,640   

Cost of shares redeemed

     (7,802,447      (12,937,188

Net increase (decrease) in net assets resulting from capital share transactions

     14,416,158         (2,899,548

Net Increase (Decrease) in Net Assets

     12,614,539         (1,569,341

NET ASSETS:

     

Beginning of year

   $ 22,593,652       $ 24,162,993   

End of year

   $ 35,208,191       $ 22,593,652   

Undistributed net investment income included in net assets at end of year

   $ 85,633       $ 19,691   

SHARES CREATED AND REDEEMED:

     

Shares outstanding, beginning of year

     750,000         850,000   

Shares created

     800,000         350,000   

Shares redeemed

     (300,000      (450,000

Shares outstanding, end of year

     1,250,000         750,000   

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      123   


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
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2014
     For the
Year Ended
March 31, 2013
     For the
Year Ended
March 31, 2012
 

Net asset value, beginning of year

   $ 75.82       $ 70.27      $ 62.03       $ 54.81       $ 50.13   

Investment operations:

             

Net investment income1

     2.46         2.47        2.00         2.27         2.06   

Net realized and unrealized gain (loss)

     (0.38      5.38        8.22         7.36         4.31   

Total from investment operations

     2.08         7.85        10.22         9.63         6.37   

Dividends to shareholders:

             

Net investment income

     (2.49      (2.30     (1.98      (2.41      (1.69

Net asset value, end of year

   $ 75.41       $ 75.82      $ 70.27       $ 62.03       $ 54.81   

TOTAL RETURN2

     2.96      11.27     16.75      18.18      12.99

RATIOS/SUPPLEMENTAL DATA:

             

Net assets, end of year (000’s omitted)

   $ 916,193       $ 1,250,987      $ 1,127,812       $ 1,094,800       $ 1,268,812   

Ratios to average net assets3 of:

             

Expenses4

     0.38      0.39 %5      0.38      0.38      0.38

Net investment income

     3.39      3.34     3.06      4.08      4.05

Portfolio turnover rate6

     32      32     35      34      38

 

           
WisdomTree Earnings 500 Fund    For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2014
     For the
Year Ended
March 31, 2013
    For the
Year Ended
March 31, 2012
 

Net asset value, beginning of year

   $ 71.48      $ 65.39      $ 54.46       $ 49.42      $ 45.59   

Investment operations:

           

Net investment income1

     1.47        1.34        1.14         1.04        0.88   

Net realized and unrealized gain (loss)

     (1.81     6.01        10.88         5.10        3.84   

Total from investment operations

     (0.34     7.35        12.02         6.14        4.72   

Dividends to shareholders:

           

Net investment income

     (1.49     (1.26     (1.09      (1.10     (0.89

Net asset value, end of year

   $ 69.65      $ 71.48      $ 65.39       $ 54.46      $ 49.42   

TOTAL RETURN2

     (0.45 )%      11.28     22.24      12.66     10.60

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of year (000’s omitted)

   $ 118,412      $ 139,386      $ 101,351       $ 65,354      $ 69,187   

Ratios to average net assets3 of:

           

Expenses

     0.28 %4      0.29 %4,5      0.28      0.28 %4      0.28 %4 

Net investment income

     2.11     1.93     1.89      2.12     1.98

Portfolio turnover rate6

     18     16     15      13     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. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

4 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

5 

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been 0.38% and 0.28%, for WisdomTree Dividend ex-Financials Fund and WisdomTree Earnings 500 Fund, respectively.

 

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 the portfolio turnover calculation as well.

 

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 High Dividend Fund    For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2014
     For the
Year Ended
March 31, 2013
     For the
Year Ended
March 31, 2012
 

Net asset value, beginning of year

   $ 60.74      $ 56.57      $ 51.17       $ 44.81       $ 40.52   

Investment operations:

            

Net investment income1

     2.10        1.95        1.77         1.82         1.66   

Net realized and unrealized gain

     2.50        4.03        5.37         6.40         4.15   

Total from investment operations

     4.60        5.98        7.14         8.22         5.81   

Dividends to shareholders:

            

Net investment income

     (2.05     (1.81     (1.74      (1.86      (1.52

Net asset value, end of year

   $ 63.29      $ 60.74      $ 56.57       $ 51.17       $ 44.81   

TOTAL RETURN2

     7.88     10.64     14.24      18.83      14.66

RATIOS/SUPPLEMENTAL DATA:

            

Net assets, end of year (000’s omitted)

   $ 1,025,362      $ 1,059,849      $ 797,595       $ 639,585       $ 427,918   

Ratios to average net assets3 of:

            

Expenses4

     0.38 %5      0.39 %6      0.38      0.38      0.38

Net investment income

     3.53     3.25     3.31      3.91      3.99

Portfolio turnover rate7

     20     27     30      28      22

 

           
WisdomTree LargeCap Dividend Fund    For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2014
     For the
Year Ended
March 31, 2013
    For the
Year Ended
March 31, 2012
 

Net asset value, beginning of year

   $ 73.27      $ 67.60      $ 58.94       $ 52.98      $ 48.31   

Investment operations:

           

Net investment income1

     2.01        1.86        1.65         1.61        1.45   

Net realized and unrealized gain

     0.13        5.59        8.64         6.00        4.59   

Total from investment operations

     2.14        7.45        10.29         7.61        6.04   

Dividends to shareholders:

           

Net investment income

     (1.99     (1.78     (1.63      (1.65     (1.37

Net asset value, end of year

   $ 73.42      $ 73.27      $ 67.60       $ 58.94      $ 52.98   

TOTAL RETURN2

     3.04     11.08     17.70      14.69     12.82

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of year (000’s omitted)

   $ 1,725,259      $ 2,106,618      $ 1,821,886       $ 1,500,106      $ 1,205,215   

Ratios to average net assets3 of:

           

Expenses

     0.28 %4      0.29 %4,8      0.28      0.28 %4      0.28 %4 

Net investment income

     2.81     2.59     2.62      2.97     3.02

Portfolio turnover rate7

     11     12     11      14     14

 

1 

Based on average shares outstanding.

 

2 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

4 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

5 

Included in the expense ratio are legal expenses. Without these legal expenses, the annualized expense ratio would have been unchanged.

 

6 

Included in the expense ratio are proxy and legal expenses. Without these proxy and legal expenses, the expense ratio would have been 0.38%.

 

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 the portfolio turnover calculation as well.

 

8 

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been 0.28%.

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      125   


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
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2014
     For the
Year Ended
March 31, 2013
     For the
Year Ended
March 31, 2012
 

Net asset value, beginning of year

   $ 66.28      $ 58.57      $ 48.86       $ 44.31       $ 43.02   

Investment operations:

            

Net investment income1

     1.06        0.88        0.61         1.02         0.75   

Net realized and unrealized gain (loss)

     (3.70     7.71        9.70         4.56         1.26   

Total from investment operations

     (2.64     8.59        10.31         5.58         2.01   

Dividends to shareholders:

            

Net investment income

     (0.88     (0.88     (0.60      (1.03      (0.72

Net asset value, end of year

   $ 62.76      $ 66.28      $ 58.57       $ 48.86       $ 44.31   

TOTAL RETURN2

     (4.00 )%      14.73     21.20      12.81      4.83

RATIOS/SUPPLEMENTAL DATA:

            

Net assets, end of year (000’s omitted)

   $ 138,062      $ 26,511      $ 26,357       $ 24,428       $ 31,015   

Ratios to average net assets3 of:

            

Expenses

     0.38 %4      0.39 %4,5      0.38      0.38      0.38 %4 

Net investment income

     1.68     1.42     1.14      2.26      1.84

Portfolio turnover rate6

     85     63     67      65      62

 

           
WisdomTree MidCap Dividend Fund    For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2014
     For the
Year Ended
March 31, 2013
     For the
Year Ended
March 31, 2012
 

Net asset value, beginning of year

   $ 86.03      $ 76.99      $ 65.15       $ 56.25       $ 54.01   

Investment operations:

            

Net investment income1

     2.12        2.16        1.83         1.99         1.47   

Net realized and unrealized gain

     0.26        8.84        11.82         8.91         2.17   

Total from investment operations

     2.38        11.00        13.65         10.90         3.64   

Dividends and distributions to shareholders:

            

Net investment income

     (2.05     (1.96     (1.81      (2.00      (1.40

Capital gains

     (0.29                              

Total dividends and distributions to shareholders

     (2.34     (1.96     (1.81      (2.00      (1.40

Net asset value, end of year

   $ 86.07      $ 86.03      $ 76.99       $ 65.15       $ 56.25   

TOTAL RETURN2

     2.98     14.46     21.24      19.96      6.99

RATIOS/SUPPLEMENTAL DATA:

            

Net assets, end of year (000’s omitted)

   $ 1,609,484      $ 1,595,896      $ 993,148       $ 540,728       $ 345,963   

Ratios to average net assets3 of:

            

Expenses

     0.38 %7      0.39 %8      0.38      0.38      0.38

Net investment income

     2.60     2.65     2.58      3.46      2.81

Portfolio turnover rate6

     32     30     32      33      29

 

1 

Based on average shares outstanding.

 

2 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

4 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

5 

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been 0.38%.

 

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 the portfolio turnover calculation as well.

 

7 

Included in the expense ratio are legal expenses. Without these legal expenses, the annualized expense ratio would have been unchanged.

 

8 

Included in the expense ratio are proxy and legal expenses. Without these proxy and legal expenses, the expense ratio would have been 0.38%.

 

See Notes to Financial Statements.

 

126   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
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2014
     For the
Year Ended
March 31, 2013
     For the
Year Ended
March 31, 2012
 

Net asset value, beginning of year

   $ 96.41       $ 88.74      $ 70.55       $ 61.00       $ 58.75   

Investment operations:

             

Net investment income1

     1.19         1.25        1.00         1.09         0.62   

Net realized and unrealized gain (loss)

     (6.30      7.56        18.11         9.54         2.20   

Total from investment operations

     (5.11      8.81        19.11         10.63         2.82   

Dividends to shareholders:

             

Net investment income

     (1.10      (1.14     (0.92      (1.08      (0.57

Net asset value, end of year

   $ 90.20       $ 96.41      $ 88.74       $ 70.55       $ 61.00   

TOTAL RETURN2

     (5.29 )%       9.99     27.26      17.75      4.92

RATIOS/SUPPLEMENTAL DATA:

             

Net assets, end of year (000’s omitted)

   $ 662,944       $ 737,532      $ 514,682       $ 211,643       $ 158,596   

Ratios to average net assets3 of:

             

Expenses4

     0.38      0.39 %5      0.38      0.38      0.38

Net investment income

     1.32      1.37     1.24      1.80      1.11

Portfolio turnover rate6

     40      36     41      39      38

 

           
WisdomTree SmallCap Dividend Fund    For the
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2014
     For the
Year Ended
March 31, 2013
     For the
Year Ended
March 31, 2012
 

Net asset value, beginning of year

   $ 71.98       $ 68.33      $ 57.07       $ 49.03       $ 48.66   

Investment operations:

             

Net investment income1

     2.07         1.97        1.85         1.87         1.68   

Net realized and unrealized gain (loss)

     (3.38      3.62        11.10         8.14         0.34   

Total from investment operations

     (1.31      5.59        12.95         10.01         2.02   

Dividends to shareholders:

             

Net investment income

     (1.93      (1.94     (1.69      (1.97      (1.65

Net asset value, end of year

   $ 68.74       $ 71.98      $ 68.33       $ 57.07       $ 49.03   

TOTAL RETURN2

     (1.69 )%       8.33     22.99      21.06      4.50

RATIOS/SUPPLEMENTAL DATA:

             

Net assets, end of year (000’s omitted)

   $ 1,216,658       $ 1,248,932      $ 1,062,525       $ 553,551       $ 313,791   

Ratios to average net assets3 of:

             

Expenses4

     0.38      0.39 %5      0.38      0.38      0.38

Net investment income

     3.10      2.86     2.93      3.71      3.69

Portfolio turnover rate6

     33      33     42      49      31

 

1 

Based on average shares outstanding.

 

2 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

4 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

5 

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been 0.38%.

 

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 the portfolio turnover calculation as well.

 

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
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2014
     For the
Year Ended
March 31, 2013
    For the
Year Ended
March 31, 2012
 

Net asset value, beginning of year

   $ 84.42      $ 81.40      $ 63.40       $ 56.59      $ 54.97   

Investment operations:

           

Net investment income1

     1.03        0.99        0.73         1.03        0.74   

Net realized and unrealized gain (loss)

     (7.44     2.96        17.95         6.86        1.59   

Total from investment operations

     (6.41     3.95        18.68         7.89        2.33   

Dividends to shareholders:

           

Net investment income

     (0.93     (0.93     (0.68      (1.08     (0.71

Net asset value, end of year

   $ 77.08      $ 84.42      $ 81.40       $ 63.40      $ 56.59   

TOTAL RETURN2

     (7.60 )%      4.89     29.55      14.20     4.39

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of year (000’s omitted)

   $ 369,965      $ 422,121      $ 439,571       $ 180,687      $ 147,127   

Ratios to average net assets3 of:

           

Expenses

     0.38 %4      0.39 %4,5      0.38      0.38 %4      0.38 %4 

Net investment income

     1.31     1.24     0.98      1.83     1.43

Portfolio turnover rate6

     43     43     61      50     41

 

           
WisdomTree Total Dividend Fund    For the
Year Ended
March 31, 2016
    For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2014
     For the
Year Ended
March 31, 2013
    For the
Year Ended
March 31, 2012
 

Net asset value, beginning of year

   $ 74.25      $ 68.29      $ 59.33       $ 53.04      $ 48.84   

Investment operations:

           

Net investment income1

     2.04        1.91        1.68         1.65        1.47   

Net realized and unrealized gain (loss)

     (0.03     5.86        8.91         6.32        4.15   

Total from investment operations

     2.01        7.77        10.59         7.97        5.62   

Dividends to shareholders:

           

Net investment income

     (2.02     (1.81     (1.63      (1.68     (1.42

Net asset value, end of year

   $ 74.24      $ 74.25      $ 68.29       $ 59.33      $ 53.04   

TOTAL RETURN2

     2.84     11.47     18.10      15.39     11.81

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of year (000’s omitted)

   $ 493,708      $ 582,862      $ 419,955       $ 296,638      $ 243,985   

Ratios to average net assets3 of:

           

Expenses

     0.28 %4,7      0.29 %4,8      0.28      0.28 %4      0.28 %4 

Net investment income

     2.83     2.64     2.65      3.05     3.03

Portfolio turnover rate6

     12     13     12      13     15

 

1 

Based on average shares outstanding.

 

2 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

4 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

5 

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been 0.38%.

 

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 the portfolio turnover calculation as well.

 

7 

Included in the expense ratio are legal expenses. Without these legal expenses, the annualized expense ratio would have been unchanged.

 

8 

Included in the expense ratio are proxy and legal expenses. Without these proxy and legal expenses, the expense ratio would have been 0.28%.

 

See Notes to Financial Statements.

 

128   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
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
    For the
Year Ended
March 31, 2014
     For the
Year Ended
March 31, 2013
    For the
Year Ended
March 31, 2012
 

Net asset value, beginning of year

   $ 73.94       $ 67.79      $ 56.14       $ 50.62      $ 47.12   

Investment operations:

            

Net investment income1

     1.45         1.34        1.12         1.07        0.88   

Net realized and unrealized gain (loss)

     (2.34      6.05        11.63         5.51        3.58   

Total from investment operations

     (0.89      7.39        12.75         6.58        4.46   

Dividends to shareholders:

            

Net investment income

     (1.55      (1.24     (1.10      (1.06     (0.96

Net asset value, end of year

   $ 71.50       $ 73.94      $ 67.79       $ 56.14      $ 50.62   

TOTAL RETURN2

     (1.18 )%       10.93     22.89      13.23     9.74

RATIOS/SUPPLEMENTAL DATA:

            

Net assets, end of year (000’s omitted)

   $ 57,204       $ 107,209      $ 71,174       $ 53,329      $ 43,026   

Ratios to average net assets of:

            

Expenses

     0.28      0.29 %3      0.28      0.28 %4      0.28 %4,5 

Net investment income

     2.00      1.88     1.81      2.10 %4      1.90 %4 

Portfolio turnover rate6

     12      16     13      13     12

 

       
WisdomTree U.S. Quality Dividend Growth Fund    For the
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
    For the Period
May 22, 2013*
through
March 31, 2014
 

Net asset value, beginning of period

   $ 31.23       $ 27.95      $ 24.86   

Investment operations:

       

Net investment income1

     0.70         0.66        0.48   

Net realized and unrealized gain (loss)

     (0.02      3.21        3.02   

Total from investment operations

     0.68         3.87        3.50   

Dividends and distributions to shareholders:

       

Net investment income

     (0.66      (0.59     (0.41

Capital gains

             (0.00 )7      (0.00 )7 

Total dividends and distributions to shareholders

     (0.66      (0.59     (0.41

Net asset value, end of period

   $ 31.25       $ 31.23      $ 27.95   

TOTAL RETURN2

     2.25      13.94     14.19

RATIOS/SUPPLEMENTAL DATA:

       

Net assets, end of period (000’s omitted)

   $ 595,351       $ 448,158      $ 104,802   

Ratios to average net assets of:

       

Expenses

     0.28      0.29 %3      0.28 %8 

Net investment income

     2.30      2.19     2.11 %8 

Portfolio turnover rate6

     32      35     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. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been 0.28%.

 

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 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

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 the portfolio turnover calculation as well.

 

7 

Amount represents less than $0.005.

 

8 

Annualized.

 

See Notes to Financial Statements.

 

WisdomTree Domestic Earnings and Dividend Funds      129   


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 Quality Dividend Growth Fund    For the
Year Ended
March 31, 2016
     For the
Year Ended
March 31, 2015
    For the Period
July 25, 2013*
through
March 31, 2014
 

Net asset value, beginning of period

   $ 30.12       $ 28.43      $ 25.02   

Investment operations:

       

Net investment income1

     0.67         0.65        0.34   

Net realized and unrealized gain (loss)

     (2.02      1.69        3.32   

Total from investment operations

     (1.35      2.34        3.66   

Dividends and distributions to shareholders:

       

Net investment income

     (0.60      (0.65     (0.25

Capital gains

             (0.00 )2        

Total dividends and distributions to shareholders

     (0.60      (0.65     (0.25

Net asset value, end of period

   $ 28.17       $ 30.12      $ 28.43   

TOTAL RETURN3

     (4.42 )%       8.37     14.66

RATIOS/SUPPLEMENTAL DATA:

       

Net assets, end of period (000’s omitted)

   $ 35,208       $ 22,594      $ 24,163   

Ratios to average net assets of:

       

Expenses

     0.38      0.39 %4      0.38 %5 

Net investment income

     2.43      2.30     1.82 %5 

Portfolio turnover rate6

     50      53     71

 

* 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.

 

4 

Included in the expense ratio are proxy expenses. Without these proxy expenses, the expense ratio would have been 0.38%.

 

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 the portfolio turnover calculation as well.

 

See Notes to Financial Statements.

 

130   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Notes to Financial Statements

 

1. ORGANIZATION

WisdomTree Trust (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Trust was established as a Delaware statutory trust on December 15, 2005. As of March 31, 2016, the Trust offered 91 investment funds (each a “Fund”, collectively, the “Funds”). In accordance with Accounting Standard Update (“ASU”) 2013-08, Financial Services-Investment Companies, each Fund listed below 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 High Dividend Fund (“High Dividend Fund”) (formerly, WisdomTree 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. Quality Dividend Growth Fund (“U.S. Quality Dividend Growth Fund”) (formerly, WisdomTree U.S. Dividend Growth Fund)

     May 22, 2013   

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (“U.S. SmallCap Quality Dividend Growth Fund”)
(formerly, WisdomTree 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 a Fund is open for business as of the regularly scheduled close of regular trading on the New York Stock Exchange, normally 4:00 p.m. Eastern time (the “NAV Calculation Time”). NAV per share is calculated by dividing a Fund’s net assets by the number of Fund shares outstanding. Each Fund issues and redeems shares at NAV only in large blocks of shares known as creation units, which only certain institutions 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 in the secondary market through brokers. Because Fund shares trade at market prices rather than NAV, shares may trade at a price greater than NAV or less than NAV. In calculating each Fund’s NAV, investments are valued under policies approved by the Board of Trustees. 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

 

WisdomTree Domestic Earnings and Dividend Funds      131   


Table of Contents

Notes to Financial Statements (continued)

 

mean between the highest bid and lowest ask price. Fixed income securities (including short-term debt securities with remaining maturities of 60 days or less) generally are valued at current market quotations or mean prices obtained from broker-dealers or independent pricing service providers. Each Fund may invest in money market funds which are valued at their NAV per share and affiliated exchange-traded funds (“ETFs” or “ETF”) which are valued at their last sale or official closing price on the exchange on which they are principally traded or at their NAV per share in instances where the affiliated ETF has not traded on its principal exchange.

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, which include derivatives, 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). 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. Over-the-counter financial derivative instruments derive their value from underlying asset prices, indices, reference rates, and other inputs or a combination of these

 

132   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Notes to Financial Statements (continued)

 

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, 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 March 31, 2016 in valuing each Fund’s assets:

 

Dividend ex-Financials Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 906,535,225       $       $   

Exchange-Traded Funds

     7,594,396                   

Investment of Cash Collateral for Securities Loaned

             7,851,900           

Total

   $ 914,129,621       $ 7,851,900       $   
        
Earnings 500 Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 117,931,203       $       $   

Exchange-Traded Fund

     295,518                   

Investment of Cash Collateral for Securities Loaned

             360,227           

Total

   $ 118,226,721       $ 360,227       $   
        
High Dividend Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 1,019,015,459       $       $   

Exchange-Traded Fund

     3,686,039                   

Investment of Cash Collateral for Securities Loaned

             10,967,234           

Total

   $ 1,022,701,498       $ 10,967,234       $   
        
LargeCap Dividend Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 1,716,461,021       $       $   

Exchange-Traded Fund

     5,438,981                   

Investment of Cash Collateral for Securities Loaned

             7,428,445           

Total

   $ 1,721,900,002       $ 7,428,445       $   
        
LargeCap Value Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 137,457,904       $       $   

Exchange-Traded Funds

     451,046                   

Investment of Cash Collateral for Securities Loaned

             603,608           

Total

   $ 137,908,950       $ 603,608       $   

 

WisdomTree Domestic Earnings and Dividend Funds      133   


Table of Contents

Notes to Financial Statements (continued)

 

MidCap Dividend Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 1,603,700,273       $       $   

Exchange-Traded Fund

     1,751,177                   

Investment of Cash Collateral for Securities Loaned

             65,947,592           

Total

   $ 1,605,451,450       $ 65,947,592       $   
        
MidCap Earnings Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 661,078,654       $       $   

Exchange-Traded Fund

     1,190,385                   

Investment of Cash Collateral for Securities Loaned

             32,026,035           

Total

   $ 662,269,039       $ 32,026,035       $   
        
SmallCap Dividend Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 1,205,854,008       $       $   

Exchange-Traded Fund

     7,976,025                   

Investment of Cash Collateral for Securities Loaned

             152,545,820           

Total

   $ 1,213,830,033       $ 152,545,820       $   
        
SmallCap Earnings Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 367,857,581       $       $   

Rights

             12,529           

Exchange-Traded Fund

     1,288,529                   

Investment of Cash Collateral for Securities Loaned

             47,210,603           

Total

   $ 369,146,110       $ 47,223,132       $   
        
Total Dividend Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 491,386,021       $       $   

Exchange-Traded Fund

     809,851                   

Investment of Cash Collateral for Securities Loaned

             4,643,317           

Total

   $ 492,195,872       $ 4,643,317       $   
        
Total Earnings Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 57,094,861       $       $   

Investment of Cash Collateral for Securities Loaned

             546,794           

Total

   $ 57,094,861       $ 546,794       $   
        
U.S. Quality Dividend Growth Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 594,361,182       $       $   

Investment of Cash Collateral for Securities Loaned

             3,415,965           

Total

   $ 594,361,182       $ 3,415,965       $   
        
U.S. SmallCap Quality Dividend Growth Fund    Level 1      Level 2      Level 3  

Common Stocks*

   $ 35,087,474       $       $   

Investment of Cash Collateral for Securities Loaned

             4,010,875           

Total

   $ 35,087,474       $ 4,010,875       $   
  * Please refer to the Schedule of Investments for a breakdown of the valuation by industry and country.

 

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Notes to Financial Statements (continued)

 

There were no Level 3 securities at or during the fiscal year ended March 31, 2016.

The Funds have elected to use the beginning of period method for transfers between fair value measurement levels.

During the fiscal year ended March 31, 2016, SmallCap Dividend Fund transferred securities with a fair value of $66,688 from Level 2 to Level 1 primarily due to the availability of a quoted price in an active market for identical investments.

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, if any.

Expenses/Reimbursements — Under the investment advisory agreement for each Fund, except for Funds that commenced operations on or after March 26, 2013, 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 Funds that commenced operations on or after March 26, 2013, 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 Funds may invest (acquired fund fees and expenses) are not expenses of the Funds and are not paid by WTAM.

During the fiscal year ended March 31, 2016, High Dividend Fund, MidCap Dividend Fund and Total Dividend Fund (the “Affected Funds”) incurred legal expenses pertaining to litigation brought against former shareholders of Lyondell Chemical Company (“Lyondell”), such as the Affected Funds. The lawsuit seeks to recover amounts paid to former shareholders of Lyondell as fraudulent transfer in connection with the leveraged buyout of Lyondell by Basell AF S.C.A in December of 2007 after Lyondell filed for bankruptcy in 2008. While the Affected Funds believe that they have valid defenses and are participating in the defense along with a number of other shareholders, at this stage of the proceedings, the Affected Funds are not able to make a reliable prediction as to the outcome of these lawsuits or the effect, if any, on an Affected Fund’s net asset value.

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 values of the investments of cash collateral for securities on loan along with the obligations to return such collateral are included on the Statements of Assets and Liabilities. The total value of securities received as collateral for securities on loan is included in a footnote following each Schedule of Investments, but is not included within the Statements of Assets and Liabilities because the receiving Fund does not have the right to sell or repledge the securities received as collateral. 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, all of which are included in the securities lending income earned by the Funds and disclosed on the Statements of Operations. The dividend and interest income earned on the securities loaned is

 

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Notes to Financial Statements (continued)

 

accounted for in the same manner as other dividend and interest income. The borrower pays to the Funds an amount equal to any dividends or interest received on loaned securities. Dividends received while a security is out on loan are not considered Qualified Dividend Income (“QDI”) under the specific criteria issued by the Internal Revenue Service and are subject to taxation at the shareholder’s ordinary income tax rate instead of the lower long-term capital gains tax rate. Lending portfolio securities could result in a loss or delay in recovering each Fund’s securities if the borrower defaults.

Master Netting Arrangements — ASU 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.

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 the Lending Agreement or similar arrangements in the Statements of Assets and Liabilities. Therefore, all qualifying transactions, if any at March 31, 2016, are presented on a gross basis in the Statements of Assets and Liabilities. As of March 31, 2016, the Funds had securities on loan and the value of the related collateral received by each Fund exceeded the value of the securities loaned by each Fund. The value of the securities loaned by each Fund is located in the Statements of Assets and Liabilities. In addition, a breakout of the total amount of cash and non-cash securities lending collateral received is located in the Schedules of Investments.

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. In order to qualify for the special tax treatment accorded RICs and their shareholders, each Fund must, among other things, distribute with respect to each taxable year an amount equal to or greater than the sum of 90% of its investment company taxable income and 90% of its net tax-exempt interest income. There can be no guarantee that a Fund will pay dividends. Taxable net realized gains from investment transactions, reduced by capital loss carryforwards, if any, are declared and distributed to shareholders at least annually. The capital loss carryforward amount, if any, is available to offset future net capital gains. The Funds may occasionally be required to make supplemental distributions at some other time during the year. The Trust reserves the right to declare special distributions if, in its reasonable discretion, such action is necessary or advisable to preserve the status of each Fund as a RIC or to avoid imposition of income or excise taxes on undistributed income. Dividends and distributions to shareholders are recorded on the ex-dividend date. The amount of dividends and distributions from net investment income and net realized capital gains 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.

 

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Notes to Financial Statements (continued)

 

3. ADVISORY FEES AND OTHER TRANSACTIONS WITH AFFILIATES

WTAM has overall responsibility for the general management and administration of the Trust. WTAM provides an investment program for each Fund. WTAM has arranged for Mellon 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 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

High Dividend 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. Quality Dividend Growth Fund

     0.28

U.S. SmallCap Quality Dividend Growth Fund

     0.38

Each Fund may purchase shares of affiliated ETFs in secondary market transactions to reduce cash balances. For these transactions, WTAM waives its advisory fees related to each Fund’s investment in affiliated funds. The waivers may be reduced to offset the incremental costs related to these investments (fund accounting, safekeeping, transaction fees, etc.) that are paid by WTAM out of its advisory fee. The dollar amount of advisory fees waived during the period for the Funds, if any, are shown in the Statements of Operations.

 

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Notes to Financial Statements (continued)

 

Affiliated holdings are funds which are managed by, or an affiliate of, WTAM. Transactions with affiliated funds during the fiscal year ended March 31, 2016 are as follows:

 

Fund    Value at
3/31/2015
     Purchases/
Additions
     Sales/
Reductions
     Value at
3/31/2016
     Dividend
Income
     Capital Gain
Distributions
 

Dividend ex-Financials Fund

                                                     

WisdomTree LargeCap Dividend Fund

   $ 2,992,839       $ 13,712,591       $ 13,129,958       $ 3,774,815       $ 82,011       $   

WisdomTree MidCap Dividend Fund

     3,008,754         13,686,804         13,136,212         3,819,581         74,175         17,402   

Total

   $ 6,001,593       $ 27,399,395       $ 26,266,170       $ 7,594,396       $ 156,186       $ 17,402   

Earnings 500 Fund

                                                     

WisdomTree High Dividend Fund

   $ 158,834       $ 2,308,596       $ 2,185,834       $ 295,518       $ 15,998       $   

High Dividend Fund

                                                     

WisdomTree Total Dividend Fund

   $ 1,968,955       $ 15,802,114       $ 14,191,526       $ 3,686,039       $ 66,172       $   

LargeCap Dividend Fund

                                                     

WisdomTree Total Dividend Fund

   $ 2,427,941       $ 28,940,885       $ 26,128,134       $ 5,438,981       $ 146,234       $   

LargeCap Value Fund

                                                     

WisdomTree Earnings 500 Fund

   $ 34,983       $ 493,525       $ 209,761       $ 312,455       $ 2,977       $   

WisdomTree MidCap Earnings Fund

     15,154         213,615         87,211         138,591         713           

Total

   $ 50,137       $ 707,140       $ 296,972       $ 451,046       $ 3,690       $   

MidCap Dividend Fund

                                                     

WisdomTree LargeCap Dividend Fund

   $ 2,739,441       $ 29,870,944       $ 30,826,288       $ 1,751,177       $ 80,788       $   

MidCap Earnings Fund

                                                     

WisdomTree MidCap Dividend Fund

   $ 2,841,673       $ 7,092,002       $ 8,584,704       $ 1,190,385       $ 74,868       $ 19,516   

SmallCap Dividend Fund

                                                     

WisdomTree MidCap Dividend Fund

   $ 1,781,942       $ 28,518,442       $ 22,734,002       $ 7,976,025       $ 160,378       $ 57,850   

SmallCap Earnings Fund

                                                     

WisdomTree MidCap Earnings Fund

   $ 1,153,993       $ 3,691,409       $ 3,554,420       $ 1,288,529       $ 20,771       $   

Total Dividend Fund

                                                     

WisdomTree Total Earnings Fund

   $ 1,129,266       $ 5,429,514       $ 5,724,576       $ 809,851       $ 21,948       $   

4. CAPITAL SHARE TRANSACTIONS

As of March 31, 2016, 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 purchases and sales resulting from in-kind capital share transactions and short-term investments) and the cost of purchases and the proceeds from sales resulting from in-kind capital share transactions (excluding

 

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Notes to Financial Statements (continued)

 

short-term investments) for the fiscal year ended March 31, 2016 are shown in the following table. Realized gains and losses on sales resulting from in-kind capital share redemptions, as shown on the Statements of Operations, are not recognized by the Funds for tax purposes.

 

              In-kind Capital Share Transactions  
Fund    Purchases      Sales      Purchases      Sales  

Dividend ex-Financials Fund

   $ 345,768,820       $ 325,183,616       $ 275,784,087       $ 586,602,313   

Earnings 500 Fund

     24,390,270         24,016,320         10,220,504         27,840,130   

High Dividend Fund

     198,418,713         188,545,618         201,439,289         273,051,796   

LargeCap Dividend Fund

     196,356,176         189,049,935         173,900,483         550,175,294   

LargeCap Value Fund

     35,275,479         35,139,544         129,277,625         16,630,672   

MidCap Dividend Fund

     499,173,421         492,183,862         451,329,915         427,911,085   

MidCap Earnings Fund

     287,867,528         284,577,830         235,439,517         250,522,085   

SmallCap Dividend Fund

     405,181,030         395,888,036         320,533,111         287,875,257   

SmallCap Earnings Fund

     168,027,845         166,935,114         31,028,327         45,326,529   

Total Dividend Fund

     59,867,596         59,057,897         42,811,133         129,053,417   

Total Earnings Fund

     9,683,851         9,479,827                 44,758,823   

U.S. Quality Dividend Growth Fund

     165,754,744         164,238,244         260,702,595         112,533,107   

U.S. SmallCap Quality Dividend Growth Fund

     15,123,953         14,793,096         22,177,984         8,031,013   

6. FEDERAL INCOME TAXES

At March 31, 2016, 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

   $ 870,807,746       $ 86,416,007       $ (35,242,232    $ 51,173,775   

Earnings 500 Fund

     108,884,478         14,202,551         (4,500,081      9,702,470   

High Dividend Fund

     973,268,120         95,083,831         (34,683,219      60,400,612   

LargeCap Dividend Fund

     1,614,939,446         185,596,465         (71,207,464      114,389,001   

LargeCap Value Fund

     134,561,162         5,065,400         (1,114,004      3,951,396   

MidCap Dividend Fund

     1,552,391,088         163,353,411         (44,345,457      119,007,954   

MidCap Earnings Fund

     679,094,691         50,582,406         (35,382,023      15,200,383   

SmallCap Dividend Fund

     1,337,872,401         105,971,588         (77,468,136      28,503,452   

SmallCap Earnings Fund

     417,076,210         35,952,030         (36,658,998      (706,968

Total Dividend Fund

     441,099,809         71,370,427         (15,631,047      55,739,380   

Total Earnings Fund

     55,407,179         5,627,381         (3,392,905      2,234,476   

U.S. Quality Dividend Growth Fund

     580,695,027         37,676,773         (20,594,653      17,082,120   

U.S. SmallCap Quality Dividend Growth Fund

     38,466,973         2,352,803         (1,721,427      631,376   

At March 31, 2016, the components of accumulated earnings/(loss) on a tax-basis were as follows:

 

Fund    Undistributed
Ordinary Income
     Undistributed
Capital and Other
Losses
     Net Unrealized
Appreciation/
(Depreciation)
     Total Accumulated
Earnings/(Losses)
 

Dividend ex-Financials Fund

   $ 1,793,681       $ (130,624,305    $ 51,173,775       $ (77,656,849

Earnings 500 Fund

     122,469         (19,180,818      9,702,470         (9,355,879

High Dividend Fund

     2,310,527         (73,176,956      60,400,612         (10,465,817

LargeCap Dividend Fund

     2,220,554         (83,972,062      114,389,001         32,637,493   

LargeCap Value Fund

     100,708         (11,093,980      3,951,396         (7,041,876

MidCap Dividend Fund

     3,978,313         (64,538,367      119,007,954         58,447,900   

MidCap Earnings Fund

     930,210         (62,224,152      15,200,383         (46,093,559

SmallCap Dividend Fund

     3,646,549         (103,914,617      28,503,452         (71,764,616

SmallCap Earnings Fund

     696,655         (48,852,396      (706,968      (48,862,709

Total Dividend Fund

     831,157         (23,974,005      55,739,380         32,596,532   

 

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Table of Contents

Notes to Financial Statements (continued)

 

Fund    Undistributed
Ordinary Income
     Undistributed
Capital and Other
Losses
     Net Unrealized
Appreciation/
(Depreciation)
     Total Accumulated
Earnings/(Losses)
 

Total Earnings Fund

   $ 64,003       $ (6,492,065    $ 2,234,476       $ (4,193,586

U.S. Quality Dividend Growth Fund

     762,164         (14,918,909      17,082,120         2,925,375   

U.S. SmallCap Quality Dividend Growth Fund

     86,486         (3,408,857      631,376         (2,690,995

The tax character of distributions paid during the fiscal years ended March 31, 2016 and March 31, 2015, was as follows:

 

      Year Ended March 31, 2016      Year Ended
March 31, 2015
 
Fund    Distributions Paid
from Ordinary
Income*
     Distributions Paid
from Long-Term
Capital Gains
     Distributions Paid
from Ordinary
Income*
 

Dividend ex-Financials Fund

   $ 34,743,423       $       $ 39,456,992   

Earnings 500 Fund

     2,740,986                 2,297,699   

High Dividend Fund

     32,904,903                 30,019,168   

LargeCap Dividend Fund

     49,180,302                 52,955,618   

LargeCap Value Fund

     522,957                 385,836   

MidCap Dividend Fund

     38,312,256         5,471,254         30,452,989   

MidCap Earnings Fund

     8,681,892                 8,472,389   

SmallCap Dividend Fund

     34,291,884                 31,680,603   

SmallCap Earnings Fund

     4,657,222                 5,168,210   

Total Dividend Fund

     14,082,024                 13,202,159   

Total Earnings Fund

     1,549,810                 1,687,769   

U.S. Quality Dividend Growth Fund

     11,551,881                 4,462,615   

U.S. SmallCap Quality Dividend Growth Fund

     646,575                 582,743   

 

  * Includes short-term capital gains if any.

At March 31, 2016, for Federal tax purposes, the Funds have capital loss carryforwards available to offset future capital gains through the years indicated. To the extent that these loss carryforwards are utilized, capital gains so offset will not be distributed to shareholders.

 

Fund    Capital Loss
Available
Through
2017
     Capital Loss
Available
Through 2018
     Capital Loss
Available
Through 2019
     Short-Term
Post-Effective
No Expiration
     Long-Term
Post-Effective
No Expiration
     Capital Loss
Available Total
 

Dividend ex-Financials Fund

   $ 5,713,004       $ 68,035,975       $ 1,318,159       $       $       $ 75,067,138   

Earnings 500 Fund

     1,286,040         10,811,338         4,536,572         188,860         1,332,499         18,155,309   

High Dividend Fund

             32,791,690         21,181,473                         53,973,163   

LargeCap Dividend Fund

             30,813,569         32,903,699                         63,717,268   

LargeCap Value Fund

             8,176,315         295,465         428,445                 8,900,225   

MidCap Dividend Fund

                             42,715,873         21,822,494         64,538,367   

MidCap Earnings Fund

     1,545,771         6,328,159         346,722         47,683,032         6,320,468         62,224,152   

SmallCap Dividend Fund

             29,790,025         6,604,794         11,421,321         4,292,860         52,109,000   

SmallCap Earnings Fund

     1,465,208         4,654,874         921,406         15,862,443         5,383,892         28,287,823   

Total Dividend Fund

             8,122,736         10,786,298                         18,909,034   

Total Earnings Fund

     220,855         3,393,418         935,380                         4,549,653   

U.S. Quality Dividend Growth Fund

                             92,153                 92,153   

U.S. SmallCap Quality Dividend Growth Fund

                             775,933         159,765         935,698   

Capital losses incurred after October 31 (“post-October capital losses”) and late year ordinary losses incurred after December 31 within the taxable year are deemed to arise on the first business day of each Fund’s next taxable year.

 

140   WisdomTree Domestic Earnings and Dividend Funds


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Notes to Financial Statements (concluded)

 

During the fiscal year ended March 31, 2016, the following Funds incurred and will elect to defer post-October capital losses and late year ordinary losses as follows:

 

Fund    Short-Term
Post-October
Capital Losses
     Long-Term
Post-October
Capital Losses
 

Dividend ex-Financials Fund

   $ 36,962,934       $ 18,594,233   

Earnings 500 Fund

     1,148,448         (122,939

High Dividend Fund

     12,309,104         6,894,689   

LargeCap Dividend Fund

     9,215,586         11,039,208   

LargeCap Value Fund

     2,558,314         (364,559

MidCap Dividend Fund

               

MidCap Earnings Fund

               

SmallCap Dividend Fund

     27,539,495         24,266,122   

SmallCap Earnings Fund

     20,636,123         (71,550

Total Dividend Fund

     2,332,840         2,732,131   

Total Earnings Fund

     890,801         1,051,611   

U.S. Quality Dividend Growth Fund

     11,761,909         3,064,847   

U.S. SmallCap Quality Dividend Growth Fund

     1,959,783         513,376   

During the fiscal year ended March 31, 2016, the amount of capital loss carryforwards used to offset realized gains and the amount of capital loss carryforwards that expired unused are shown in the following table:

 

Fund    Expired
Capital Loss
Carryforward
     Utilized
Capital Loss
Carryforward
 

Dividend ex-Financials Fund

   $       $ 6,406,424   

Earnings 500 Fund

     194,476         108,185   

High Dividend Fund

             2,081,059   

LargeCap Dividend Fund

             2,821,262   

LargeCap Value Fund

               

MidCap Dividend Fund

               

MidCap Earnings Fund

     354,730           

SmallCap Dividend Fund

               

SmallCap Earnings Fund

     31,705           

Total Dividend Fund

             929,100   

Total Earnings Fund

             217,156   

U.S. Quality Dividend Growth Fund

               

U.S. SmallCap Quality Dividend Growth Fund

               

At March 31, 2016, the effect of permanent “book/tax” reclassifications resulted in increases (decreases) to the components of net assets as follows:

 

Fund    Undistributed Net
Investment
Income
     Accumulated Net
Realized Loss
     Paid-in Capital  

Dividend ex-Financials Fund

   $ 409,562       $ (88,266,633    $ 87,857,071   

Earnings 500 Fund

     4,043         (9,782,772      9,778,729   

High Dividend Fund

     67,486         (48,357,964      48,290,478   

LargeCap Dividend Fund

     13,879         (128,003,368      127,989,489   

LargeCap Value Fund

     1,962         (2,385,851      2,383,889   

MidCap Dividend Fund

     537,012         (92,555,748      92,018,736   

MidCap Earnings Fund

     32,802         (41,219,570      41,186,768   

SmallCap Dividend Fund

     44,955         (67,087,918      67,042,963   

SmallCap Earnings Fund

     27,362         (6,061,702      6,034,340   

Total Dividend Fund

     27,714         (49,203,109      49,175,395   

 

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Table of Contents

Notes to Financial Statements (continued)

 

Fund    Undistributed Net
Investment
Income
     Accumulated Net
Realized Loss
     Paid-in Capital  

Total Earnings Fund

   $ 4,562       $ (12,666,139    $ 12,661,577   

U.S. Quality Dividend Growth Fund

     29,192         (16,320,795      16,291,603   

U.S. SmallCap Quality Dividend Growth Fund

     1,087         (1,069,980      1,068,893   

These differences are primarily due to redemptions-in-kind, distribution re-designations, investments in real estate investment trusts, non-deductible expenses, expiration of capital loss carryforwards and realized basis adjustments on securities.

GAAP provides guidance on tax provisions that prescribe a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Foreign taxes are provided for based on each Fund’s understanding of the tax rules and rates that exist in the foreign markets in which it invests. Taxes are accrued and applied to net investment income, net realized capital gains and net unrealized appreciation, as applicable, as the income is earned or capital gains are recorded. As of and during the fiscal year ended March 31, 2016, the Funds did not have any liabilities for unrecognized tax benefits relating to uncertain income tax positions they have taken or expect to take in the future. If applicable, the Funds will recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in “Other” expenses on the Statements of Operations. The Funds file tax returns with the Internal Revenue Service, the State of New York, and various other states. Generally, each of the tax years in the four-year period ended March 31, 2016, remains subject to examination by taxing authorities.

7. RECENT ACCOUNTING PRONOUNCEMENTS

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. WTAM has evaluated ASU 2014-11 and determined that there is no impact on the Trust’s financial statements.

In May 2015, the FASB issued ASU 2015-07 Fair Value Measurement (Topic 820): Disclosures for Investments in Certain Entities that Calculate Net Asset Value per Share (or its Equivalent). This is an update to ASC 820. The amendments in this ASU remove the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the net asset value per share practical expedient. ASU 2015-07 also limits certain disclosures to investments for which the entity has elected to measure the fair value using the practical expedient. ASU 2015-07 will be effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years (earlier application is also permitted). WTAM has evaluated ASU 2015-07 and determined that there is no impact on the Trust’s financial statements.

 

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Table of Contents

Report of Independent Registered Public Accounting Firm

 

The Board of Trustees and Shareholders of WisdomTree Trust:

We have audited the accompanying statements of assets and liabilities, including the schedules of investments, of WisdomTree Dividend ex-Financials Fund, WisdomTree Earnings 500 Fund, WisdomTree High Dividend Fund (formerly 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. Quality Dividend Growth Fund (formerly WisdomTree U.S. Dividend Growth Fund), and WisdomTree U.S. SmallCap Quality Dividend Growth Fund (formerly WisdomTree U.S. SmallCap Dividend Growth Fund), thirteen of the investment funds constituting the WisdomTree Trust (the “Trust”), as of March 31, 2016, and the related statements of operations, the statements of changes in net assets and the financial highlights for each of the periods presented therein. These financial statements and financial highlights are the responsibility of the Trust’s management. Our responsibility is to express an opinion on these financial statements and financial highlights based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement. We were not engaged to perform an audit of the Trust’s internal control over financial reporting. Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Trust’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements and financial highlights, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. Our procedures included confirmation of securities owned as of March 31, 2016, by correspondence with the custodian and others, or by other appropriate auditing procedures where replies from others were not received. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements and financial highlights referred to above present fairly, in all material respects, the financial position of WisdomTree Dividend ex-Financials Fund, WisdomTree Earnings 500 Fund, WisdomTree High Dividend 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. Quality Dividend Growth Fund, and WisdomTree U.S. SmallCap Quality Dividend Growth Fund, thirteen of the investment funds constituting the WisdomTree Trust, at March 31, 2016, the results of their operations, the changes in their net assets and the financial highlights for each of the periods presented therein, in conformity with U.S. generally accepted accounting principles.

 

LOGO

New York, New York

May 26, 2016

 

WisdomTree Domestic Earnings and Dividend Funds      143   


Table of Contents

Trustees and Officers Information (unaudited)

 

The Board of Trustees has responsibility for the overall management and operations of the Funds, including general supervision of the duties performed by WTAM and other service providers. The Board of Trustees elects the officers of the Trust who are responsible for administering the Trust’s day-to-day operations. Each Trustee serves until his or her successor is duly elected or appointed and qualified.

The address of each Trustee and Officer is c/o WisdomTree Asset Management, Inc., 245 Park Avenue, 35th Floor, New York, NY 10167.

Independent Trustees

 

Name

and Year of Birth
of Trustee/Officer

 

Position(s) Held with
the Trust, Term of
Office and Length
of Time Served

 

Principal Occupation(s)
During the Past 5 Years

  Number of Portfolios
in Fund Complex
Overseen by Trustee/
Officer+
  Other
Directorships
Held by Trustee

During the Past
5 Years
David G. Chrencik*
(1948)
  Trustee, 2014- present   Chief Financial Officer of Sarus Indochina Select LP (hedge fund) since 2012; Chief Financial Officer of GeoGreen BioFuels, Inc. (biodiesel fuel producer) from 2010 to 2014; Audit Partner at PricewaterhouseCoopers LLP (public accounting firm) from 1972 to 2009 (includes positions prior to becoming Audit Partner and predecessor firms).   91   Trustee,
Vericimetry
Funds (2011-
2014)
Joel Goldberg**
(1945)
  Trustee, 2012- present  

Attorney, Of Counsel/Partner at Stroock

& Stroock & Lavan LLP, 2010 to present; Attorney, Partner at Willkie Farr & Gallagher LLP, 2006 to 2010.

  91   Director,
Better
Business
Bureau
(Metropolitan
New York,
Long Island
and the Mid-
Hudson
Region)
Toni Massaro***
(1955)
  Trustee, 2006- present   Dean Emerita at the University of Arizona James E. Rogers College of Law (“Rogers College of Law”) since 2009 (distinguished Emerita in July 2009); Dean at the Rogers College of Law from 1999 to 2009; Regents’ Professor at the Rogers College of Law since 1990.   91   None
Melinda A. Raso Kirstein
(1955)
  Trustee, 2014- present   Retired, Merrill Lynch Investment Management, Vice President; Senior Portfolio Manager, Fixed Income Management; Director, Tax Exempt Fund Management.   91   Associate
Alumnae of
Douglass
College,
Member of
Investment
Committee
Victor Ugolyn
(1947)
  Trustee, 2006- present; Chairman of the Board of Trustees, 2006- present   Private Investor, 2005 to present; President and Chief Executive Officer of William D. Witter, Inc. from 2005 to 2006; Consultant to AXA Enterprise in 2004; Chairman, President and Chief Executive Officer of Enterprise Capital Management (subsidiary of The MONY Group, Inc.) and Enterprise Group of Funds, Chairman of MONY Securities Corporation, and Chairman of the Fund Board of Enterprise Group of Funds from 1991 to 2004.   91   Member of the
Board of
Governors of
Naismith
Memorial
Basketball Hall
of Fame,
Member of the
Board of
Directors of
the New York
Society of
Security
Analysts
(NYSSA)

 

+ As of March 31, 2016.

 

* Chair of the Audit Committee.

 

** Chair of the Contracts Review Committee.

 

*** Chair of the Governance and Nominating Committee.

 

Chair of the Investment Committee.

 

144   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

Trustees and Officers Information (unaudited) (concluded)

 

Interested Trustee and Officers

 

Name

and Year of Birth
of Trustee/Officer

 

Position(s) Held with
the Trust, Term of
Office and Length
of Time Served

 

Principal Occupation(s)
During the Past 5 Years

  Number of Portfolios
in Fund Complex
Overseen by Trustee/
Officer+
 

Other
Directorships
Held by Trustee

During the Past
5 Years

Jonathan Steinberg****
(1964)
  Trustee, 2005- present President, 2005- present   President, WisdomTree Trust since 2005; President, WisdomTree Investments, Inc. and WisdomTree Asset Management, Inc.; Chief Executive Officer, WisdomTree Investments, Inc. and WisdomTree Asset Management, Inc.   91   Director, WisdomTree Investments, Inc. and WisdomTree Asset Management, Inc.
David Castano****
(1971)
  Treasurer, 2013- present   Director of Fund Accounting & Administration, WisdomTree Asset Management, Inc., since 2011; Vice President of Legg Mason & Co. and served as Treasurer from 2010 to 2011 and Controller from 2006 to 2010 of certain mutual funds associated with Legg Mason & Co.; Assistant Treasurer of Lord Abbett mutual funds from 2004 to 2006.   91   None
Terry Jane Feld****
(1960)
  Chief Compliance Officer, 2012- present  

Chief Compliance Officer, WisdomTree Asset Management, Inc. since 2012; Senior Compliance Officer, WisdomTree Asset Management since 2011; Senior Compliance Officer, TIAA-CREF, 2007 to 2010; Vice President/NASD-SEC Compliance, Mutual of America Life

Insurance Co., 2004 to 2007.

  91   None
Ryan Louvar****
(1972)
  Secretary and Chief Legal Officer, 2013- present   General Counsel, WisdomTree Asset Management, Inc. since 2013; Vice President and Senior Managing Counsel, State Street, 2005 to 2013.   91   None
Sarah English****
(1977)
  Assistant Secretary, 2013- present   Investment Management Counsel, WisdomTree Asset Management, Inc. since 2010 (includes prior positions at WisdomTree Asset Management, Inc.); Attorney, NYFIX, Inc. from 2006 to 2009.   91   None

Clint Martin****

(1977)

  Assistant Treasurer, 2015-present   Fund Manager, Fund Accounting & Administration, WisdomTree Asset Management, Inc., since 2012; Vice President of Legg Mason & Co. and served as Assistant Treasurer from 2010 to 2012 and Assistant Controller from 2006 to 2010 of certain mutual funds associated with Legg Mason & Co.   91   None

 

+ As of March 31, 2016.

 

**** Elected by and serves at the pleasure of the Board.

 

WisdomTree Domestic Earnings and Dividend Funds      145   


Table of Contents

Supplemental Information (unaudited)

 

Federal Income Tax Information

The following Federal tax information related to the Funds’ fiscal year ended March 31, 2016, is provided for information purposes only and should not be used for reporting to federal or state revenue agencies. Federal tax information for the calendar year will be reported to you on Form 1099-DIV in January 2017.

Certain dividends paid by the Funds may be subject to a maximum tax rate of 15%, as provided by the Jobs and Growth Tax Relief Reconciliation Act of 2003. Of the distributions paid during the fiscal year ended March 31, 2016, the following represents the maximum amount of ordinary income distributions that may be considered qualified dividend income:

 

Fund    Qualified Dividend
Income
 

Dividend ex-Financials Fund

   $ 34,743,423   

Earnings 500 Fund

     2,740,986   

High Dividend Fund

     31,537,739   

LargeCap Dividend Fund

     49,180,302   

LargeCap Value Fund

     522,957   

MidCap Dividend Fund

     28,589,527   

MidCap Earnings Fund

     8,163,291   

SmallCap Dividend Fund

     26,624,794   

SmallCap Earnings Fund

     4,037,837   

Total Dividend Fund

     13,609,155   

Total Earnings Fund

     1,359,391   

U.S. Quality Dividend Growth Fund

     11,551,881   

U.S. SmallCap Quality Dividend Growth Fund

     620,030   

The following represents the percentage of dividends paid during the fiscal year ended March 31, 2016, that qualify for the 70% dividends received deduction for corporate shareholders:

 

Fund    Dividends-Received
Deduction
 

Dividend ex-Financials Fund

     99.21

Earnings 500 Fund

     97.48

High Dividend Fund

     93.24

LargeCap Dividend Fund

     98.74

LargeCap Value Fund

     85.46

MidCap Dividend Fund

     71.40

MidCap Earnings Fund

     86.18

SmallCap Dividend Fund

     72.06

SmallCap Earnings Fund

     78.15

Total Dividend Fund

     94.86

Total Earnings Fund

     86.67

U.S. Quality Dividend Growth Fund

     94.98

U.S. SmallCap Quality Dividend Growth Fund

     86.60

 

146   WisdomTree Domestic Earnings and Dividend Funds


Table of Contents

General Information (unaudited)

 

Proxy Voting Policies, Procedures and Record

A complete copy of the Proxy Voting Policy may be obtained by calling 1-866-909-WISE (9473) or writing to: WisdomTree Trust, c/o Foreside Fund Services, LLC, Three Canal Plaza Suite 100, Portland, ME, 04101.

The Trust is required to disclose annually the Funds’ complete proxy voting record on Form N-PX covering the most recent 12-month period ended June 30 and to file Form N-PX with the SEC no later than August 31 of each year. The current Form N-PX for the Funds is available at no charge upon request by calling 1-866-909-WISE (9473) or through the Trust’s website at www.wisdomtree.com. The Funds’ Form N-PX is also available on the SEC’s website at www.sec.gov.

Shareholder Reports and Quarterly Portfolio Disclosure

The Funds 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 Domestic Earnings and Dividend Funds      147   


Table of Contents

The WisdomTree Family of Funds

The following is a list of WisdomTree Funds being offered, along with their respective ticker symbols, as of March 31, 2016:

 

WisdomTree Domestic Earnings and Dividend Funds

 

WisdomTree Dividend ex-Financials Fund (DTN)

 

WisdomTree Earnings 500 Fund (EPS)

 

WisdomTree High Dividend 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. Quality Dividend Growth Fund (DGRW)

 

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS)

 

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

 

WisdomTree Australia Dividend Fund (AUSE)

 

WisdomTree Dynamic Currency Hedged Europe Equity Fund (DDEZ)

 

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

 

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

 

WisdomTree Dynamic Currency Hedged Japan Equity Fund (DDJP)

 

WisdomTree Europe Hedged Equity Fund (HEDJ)

 

WisdomTree Europe Hedged SmallCap Equity Fund (EUSC)

 

WisdomTree Europe Local Recovery Fund (EZR)

 

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

 

WisdomTree Europe SmallCap Dividend Fund (DFE)

 

WisdomTree Germany Hedged Equity Fund (DXGE)

 

WisdomTree Global ex-U.S. Hedged Dividend Fund (DXUS)

 

WisdomTree Global ex-U.S. Hedged Real Estate Fund (HDRW)

 

WisdomTree Global Hedged SmallCap Dividend Fund (HGSD)

 

WisdomTree International Dividend ex-Financials Fund (DOO)

 

WisdomTree International Equity Fund (DWM)

 

WisdomTree International Hedged Equity Fund (HDWM)

 

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

 

WisdomTree International Hedged SmallCap Dividend Fund (HDLS)

 

WisdomTree International High Dividend Fund (DTH)

 

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 Quality Dividend Growth Fund (JHDG)

 

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 Quality Dividend Growth Fund (JDG)

 

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 ex-State-Owned Enterprises Fund (CXSE)

 

WisdomTree Commodity Country Equity Fund (CCXE)

 

WisdomTree Emerging Markets Consumer Growth Fund (EMCG)

 

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)

 

WisdomTree Emerging Markets High Dividend Fund (DEM)

 

WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)

 

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

 

WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)

 

WisdomTree Global ex-U.S. Real Estate Fund (DRW)

 

WisdomTree Global ex-U.S. Utilities Fund (DBU)

 

WisdomTree Global High Dividend Fund (DEW)

 

WisdomTree Global Natural Resources Fund (GNAT)

 

WisdomTree Global SmallCap Dividend Fund (GSD)

 

WisdomTree India Earnings Fund (EPI)

 

WisdomTree Middle East Dividend Fund (GULF)

 

WisdomTree Dollar Sensitive Equity Funds

 

WisdomTree Strong Dollar Emerging Markets Equity Fund (EMSD)

 

WisdomTree Strong Dollar U.S. Equity Fund (USSD)

 

WisdomTree Weak Dollar U.S. Equity Fund (USWD)

 

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 Enhanced Yield Fund (AGGY)

 

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 Japan Interest Rate Strategy Fund (JGBB)

 

WisdomTree Strategic Corporate Bond Fund (CRDT)

 

WisdomTree Western Asset Unconstrained Bond Fund (UBND)

 

WisdomTree Alternative Funds

 

WisdomTree CBOE S&P 500 PutWrite Strategy Fund (PUTW)

 

WisdomTree Coal Fund (TONS)

 

WisdomTree Continuous Commodity Index Fund (GCC)

 

WisdomTree Dynamic Bearish U.S. Equity Fund (DYB)

 

WisdomTree Dynamic Long/Short U.S. Equity Fund (DYLS)

 

WisdomTree Global Real Return Fund (RRF)

 

WisdomTree Managed Futures Strategy Fund (WDTI)


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The WisdomTree Funds are exchange traded funds (“ETFs”) registered with the United States Securities and Exchange Commission as separate series (“Funds”) of WisdomTree Trust (“Trust”). WisdomTree Asset Management, Inc., a wholly owned subsidiary of WisdomTree Investments, Inc., serves as the investment adviser to the Trust. None of the WisdomTree entities are affiliated with Foreside Fund Services, LLC, the Funds’ distributor. WisdomTree Investments, its affiliates and their independent providers are not liable for any informational errors, incompleteness, delays, or for any actions taken in reliance on information contained herein.

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 High Dividend Fund (DHS)

(formerly, WisdomTree Equity Income Fund)

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. Quality Dividend Growth Fund (DGRW)

(formerly, WisdomTree U.S. Dividend Growth Fund)

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS)

(formerly, WisdomTree U.S. SmallCap Dividend Growth Fund)

WisdomTree Fund shares are distributed by Foreside Fund Services, LLC, in the U.S. only.

WTGM-1421


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Item 2. Code of Ethics.

 

  (a) The registrant, as of the end of the period covered by this report, has adopted a code of ethics that applies to the registrant’s principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions, regardless of whether these individuals are employed by the registrant or a third party.

 

  (c) There have been no amendments, during the period covered by this report, to a provision of the code of ethics that applies to the registrant’s principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions, regardless of whether these individuals are employed by the registrant or a third party, and that relates to any element of the code of ethics description.

 

  (d) The registrant has not granted any waivers, including an implicit waiver, from a provision of the code of ethics that applies to the registrant’s principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions, regardless of whether these individuals are employed by the registrant or a third party, that relates to one or more of the items set forth in paragraph (b) of this item’s instructions.

 

  (f) The code of ethics is attached hereto as exhibit 12(a)(1).

Item 3. Audit Committee Financial Expert.

The Registrant’s Board of Trustees has determined that the Registrant has one audit committee financial expert, as that term is defined under Item 3(b) and 3(c), serving on its audit committee. The audit committee financial expert serving on the Registrant’s audit committee is David Chrencik, who is an independent Trustee of the Trust, as that term is defined under Item 3(a) (2).

Item 4. Principal Accountant Fees and Services.

Audit Fees

 

  (a) The aggregate fees billed for each of the last two fiscal years for professional services rendered by the principal accountant for the audit of the registrant’s annual financial statements or services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements for those fiscal years are $1,443,613 for 2016 and $1,265,915 for 2015.


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Audit-Related Fees

 

  (b) The aggregate fees billed in each of the last two fiscal years for assurance and related services by the principal accountant that are reasonably related to the performance of the audit of the registrant’s financial statements and are not reported under paragraph (a) of this Item are $152,847 for 2016 and $118,935.83 for 2015.

Tax Fees

 

  (c) The aggregate fees billed in each of the last two fiscal years for professional services rendered by the principal accountant for tax compliance, tax advice, and tax planning are $475,875 for 2016 and $443,414 for 2015.

All Other Fees

 

  (d) The aggregate fees billed in each of the last two fiscal years for products and services provided by the principal accountant, other than the services reported in paragraphs (a) through (c) of this Item are $0 for 2016 and $0 for 2015.

 

  (e)(1) Disclose the audit committee’s pre-approval policies and procedures described in paragraph (c)(7) of Rule 2-01 of Regulation S-X.

Per Rule 2-01(c) (7) (A), the Registrant’s audit committee charter provides that the audit committee shall select and approve in advance the retention of independent accountants to annually audit and provide their opinion on the Registrant’s financial statements. The audit committee must also approve prior to appointment the engagement of the principal accountant to provide other audit services to the Registrant or to provide non-audit services to the Registrant, its investment adviser, or any entity controlling, controlled by, or under common control with its investment adviser (“adviser/affiliate”) that provides ongoing services to the Registrant, if the engagement by the investment adviser or adviser affiliate relates directly to the operations and financial reporting of the Registrant. The audit committee must also, prior to appointment of the engagement of the principal accountant, review and approve the fees proposed to be charged to the Registrant by the auditors for each audit and non-audit service. The audit committee must also consider whether non-audit services provided by the Registrant’s principal accountant to the Registrant’s investment adviser, or adviser/affiliate that provides ongoing services to the Trust are compatible with maintaining the auditor’s independence.

 

  (e)(2) The Registrant’s Audit committee has approved 100% of services described in each of Items 4(b) through (d) pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X.

 

  (f) The percentage of hours expended on the principal accountant’s engagement to audit the registrant’s financial statements for the most recent fiscal year that were attributed to work performed by persons other than the principal accountant’s full-time, permanent employees was 0%.

 

  (g) The aggregate non-audit fees billed by the registrant’s accountant for services rendered to the registrant, and rendered to the registrant’s investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the adviser that provides ongoing services to the registrant for each of the last two fiscal years of the registrant was $513,212.29 for 2016 and $691,995 for 2015.

 

  (h) Not applicable.


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Item 5. Audit Committee of Listed registrants.

The Registrant is an issuer as defined in Rule 10A-3 under the Exchange Act and has a separately-designated standing audit committee established in accordance with Section 3(a) (58)A of the Exchange Act. The Registrant’s audit committee members are David Chrencik, Melinda Raso Kirstein and Victor Ugolyn.

Item 6. Investments.

 

(a) Schedule of Investments in securities of unaffiliated issuers as of the close of the reporting period is included as part of the report to shareholders filed under Item 1 of this form.

 

(b) Not applicable.

Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.

Not applicable.

Item 8. Portfolio Managers of Closed-End Management Investment Companies.

Not applicable.

Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.

Not applicable.

Item 10. Submission of Matters to a Vote of Security Holders.

There have been no material changes to the procedures by which the shareholders may recommend nominees to the registrant’s board of 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


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  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)    Code of ethics, or any amendment thereto, that is the subject of disclosure required by Item 2 is attached hereto.
  (a)(2)    Certifications pursuant to Rule 30a-2(a) under the 1940 Act and Section 302 of the Sarbanes-Oxley Act of 2002 are attached hereto.
  (a)(3)    Not applicable.
  (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: June 6, 2016

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: June 6, 2016

 

By (Signature and Title)   

/s/ David Castano

  
   David Castano, Treasurer   
   (principal financial officer)   

Date: June 6, 2016