C000134337 Fees and Costs — WisdomTree Negative Duration U.S. Aggregate Bond Fund
Data updated: 2020-07-23
The net expense ratio is 0.28%. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $5K in broker commissions, 0.0152% of average net assets, and portfolio turnover was 88%.
C000134337 Fees and Expenses
Annual operating expenses and sales charges of C000134337. Prospectus, as of December 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.28% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.28% |
| Fee waiver | — |
| Net expense ratio | 0.28% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000134337 Costs Over Time
On $10,000 invested in C000134337, assuming 5% a year before costs, total costs come to $187 over 5 years, cutting the return by 0.31% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.28%) | $29 | $92 | $161 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $5 | $17 |
| Total costs | $31 | $102 | $187 |
| Value after costs | $10,469 | $11,474 | $12,576 |
| Impact on return, per year | 0.31% | 0.31% | 0.31% |
C000134337 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0152%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): $71.0M
- Portfolio turnover (prospectus): 88%
- Securities on loan, average value: $112K
- Net income from securities lending: $521 (0.002% of average net assets)
C000134337 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $5K | 100.00% |
C000134337 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $25.6M | 40.72% |
| Morgan Stanley & Co. LLC | $6.7M | 10.71% |
| Goldman Sachs & Co. LLC | $6.1M | 9.71% |
| Nomura Securities International, Inc. | $5.9M | 9.32% |
| JPMorgan Chase & Co. | $4.8M | 7.62% |
| Wells Fargo Securities, LLC | $3.5M | 5.61% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $2.8M | 4.52% |
| BNP Paribas Securities Corp. | $2.8M | 4.48% |
| HSBC Securities (USA) Inc. | $2.5M | 3.99% |
| Barclays Capital Inc. | $2.1M | 3.33% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.