DFJ Fees and Costs — WisdomTree Japan SmallCap Dividend Fund
Data updated: 2026-08-31
The net expense ratio is 0.58%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $49K in broker commissions, 0.0152% of average net assets, and portfolio turnover was 31%.
DFJ Fees and Expenses
Annual operating expenses and sales charges of DFJ. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.58% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.58% |
| Fee waiver | — |
| Net expense ratio | 0.58% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
DFJ Costs Over Time
On $10,000 invested in DFJ, assuming 5% a year before costs, total costs come to $375 over 5 years, cutting the return by 0.62% 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 0.58%) | $61 | $191 | $332 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $10 | $34 |
| Total costs | $62 | $205 | $375 |
| Value after costs | $10,438 | $11,371 | $12,387 |
| Impact on return, per year | 0.62% | 0.62% | 0.62% |
DFJ Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0152%
- Total broker commissions: $49K
- Bought from dealers (principal trades, not a cost): $140.3M
- Portfolio turnover (prospectus): 31%
- Securities on loan, average value: $9.0M
- Net income from securities lending: $195K (0.060% of average net assets)
DFJ Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS SECURITIES LLC | $46K | 93.94% |
| MORGAN STANLEY & CO. LLC | $835 | 1.70% |
| BOFA SECURITIES, INC. | $662 | 1.35% |
| J.P. Morgan Securities LLC | $375 | 0.76% |
| SANFORD C. BERNSTEIN & CO., LLC | $305 | 0.62% |
| CLSA AMERICAS, LLC | $199 | 0.41% |
| GOLDMAN SACHS & CO. LLC | $179 | 0.36% |
| CitiGroup Global Markets Inc. | $155 | 0.32% |
| HSBC SECURITIES (USA) INC. | $154 | 0.31% |
| VIRTU AMERICAS LLC | $109 | 0.22% |
DFJ Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $90.3M | 64.37% |
| UBS SECURITIES LLC | $45.2M | 32.22% |
| GOLDMAN SACHS & CO. LLC | $3.4M | 2.39% |
| NISSIN CORP | $725K | 0.52% |
| TRYT Inc. | $312K | 0.22% |
| Fast Fitness Japan Inc. | $202K | 0.14% |
| Sumitomo Mitsui Construction Co., Ltd. | $202K | 0.14% |
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.