DWMF Fees and Costs — WisdomTree International Multifactor Fund
Data updated: 2026-08-31
The net expense ratio is 0.40%: a 0.38% management fee plus 0.02% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $17K in broker commissions, 0.0460% of average net assets, and portfolio turnover was 117%.
DWMF Fees and Expenses
Annual operating expenses and sales charges of DWMF. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.38% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.40% |
| Fee waiver | — |
| Net expense ratio | 0.40% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
DWMF Costs Over Time
On $10,000 invested in DWMF, assuming 5% a year before costs, total costs come to $282 over 5 years, cutting the return by 0.47% 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 0.40%) | $42 | $132 | $230 |
| Trading costs (broker commissions) | $5 | $15 | $26 |
| Lost growth on money paid in costs | $0 | $7 | $26 |
| Total costs | $47 | $154 | $282 |
| Value after costs | $10,453 | $11,422 | $12,481 |
| Impact on return, per year | 0.47% | 0.47% | 0.47% |
DWMF 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): 0.0460%
- Total broker commissions: $17K
- Bought from dealers (principal trades, not a cost): $37.8M
- Portfolio turnover (prospectus): 117%
- Securities on loan, average value: $161K
- Net income from securities lending: $987 (0.003% of average net assets)
DWMF Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $5K | 28.29% |
| BOFA SECURITIES, INC. | $5K | 26.50% |
| CitiGroup Global Markets Inc. | $4K | 22.06% |
| UBS SECURITIES LLC | $4K | 20.98% |
| J.P. Morgan Securities LLC | $108 | 0.63% |
| MACQUARIE CAPITAL (USA), INC. | $69 | 0.40% |
| INSTINET LLC | $67 | 0.39% |
| VIRTU AMERICAS LLC | $60 | 0.35% |
| HSBC SECURITIES (USA) INC. | $37 | 0.22% |
| GOLDMAN SACHS & CO. LLC | $30 | 0.18% |
DWMF Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets Inc. | $13.0M | 34.34% |
| MORGAN STANLEY & CO. LLC | $12.5M | 33.07% |
| UBS SECURITIES LLC | $6.5M | 17.07% |
| J.P. Morgan Securities LLC | $5.9M | 15.51% |
| GOLDMAN SACHS & CO. LLC | $6K | 0.02% |
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.