DON Fees and Costs — WisdomTree U.S. Midcap Dividend Fund
Data updated: 2026-08-31
The net expense ratio is 0.38%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $215K in broker commissions, 0.0058% of average net assets, and portfolio turnover was 34%.
DON Fees and Expenses
Annual operating expenses and sales charges of DON. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.38% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.38% |
| Fee waiver | — |
| Net expense ratio | 0.38% |
| 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 |
DON Costs Over Time
On $10,000 invested in DON, assuming 5% a year before costs, total costs come to $244 over 5 years, cutting the return by 0.41% 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 0.38%) | $40 | $125 | $219 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $6 | $22 |
| Total costs | $41 | $133 | $244 |
| Value after costs | $10,459 | $11,443 | $12,519 |
| Impact on return, per year | 0.41% | 0.41% | 0.41% |
DON 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): 0.0058%
- Total broker commissions: $215K
- Bought from dealers (principal trades, not a cost): $1.1B
- Portfolio turnover (prospectus): 34%
- Securities lending: none during the year
DON Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS SECURITIES LLC | $189K | 88.55% |
| INSTINET LLC | $8K | 3.63% |
| J.P. Morgan Securities LLC | $4K | 1.81% |
| CITADEL SECURITIES LLC | $3K | 1.62% |
| MORGAN STANLEY & CO. LLC | $2K | 1.04% |
| FLOW TRADERS U.S. INSTITUTIONAL TRADING LLC | $2K | 0.97% |
| GOLDMAN SACHS & CO. LLC | $2K | 0.88% |
| BOFA SECURITIES, INC. | $2K | 0.79% |
| SUSQUEHANNA FINANCIAL GROUP, LLLP | $809 | 0.38% |
| BTIG, LLC | $729 | 0.34% |
DON Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UBS SECURITIES LLC | $815.0M | 73.50% |
| GOLDMAN SACHS & CO. LLC | $72.8M | 6.57% |
| CITADEL SECURITIES LLC | $68.0M | 6.13% |
| RBC CAPITAL MARKETS, LLC | $44.9M | 4.05% |
| BOFA SECURITIES, INC. | $29.4M | 2.65% |
| JANE STREET EXECUTION SERVICES, LLC | $25.9M | 2.34% |
| BARCLAYS CAPITAL, INC. | $25.7M | 2.32% |
| INSTINET, LLC | $15.2M | 1.37% |
| VIRTU AMERICAS LLC | $9.2M | 0.83% |
| J.P. Morgan Securities LLC | $2.6M | 0.23% |
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.