OPPJ Fees and Costs — WisdomTree Japan Opportunities 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 $70K in broker commissions, 0.0591% of average net assets, and portfolio turnover was 146%.
OPPJ Fees and Expenses
Annual operating expenses and sales charges of OPPJ. 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 | No |
| Waived fees subject to recoupment | No |
OPPJ Costs Over Time
On $10,000 invested in OPPJ, assuming 5% a year before costs, total costs come to $403 over 5 years, cutting the return by 0.67% 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) | $6 | $19 | $34 |
| Lost growth on money paid in costs | $0 | $10 | $37 |
| Total costs | $67 | $221 | $403 |
| Value after costs | $10,433 | $11,356 | $12,360 |
| Impact on return, per year | 0.67% | 0.67% | 0.67% |
OPPJ 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): 0.0591%
- Total broker commissions: $70K
- Bought from dealers (principal trades, not a cost): $222.7M
- Portfolio turnover (prospectus): 146%
- Securities on loan, average value: $1.7M
- Net income from securities lending: $43K (0.036% of average net assets)
OPPJ Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS SECURITIES LLC | $36K | 51.45% |
| CitiGroup Global Markets Inc. | $20K | 29.00% |
| BOFA SECURITIES, INC. | $10K | 14.33% |
| INSTINET LLC | $1K | 2.11% |
| MORGAN STANLEY & CO. LLC | $532 | 0.76% |
| GOLDMAN SACHS & CO. LLC | $446 | 0.64% |
| BTIG, LLC | $390 | 0.56% |
| HSBC SECURITIES (USA) INC. | $315 | 0.45% |
| SANFORD C. BERNSTEIN & CO., LLC | $255 | 0.36% |
| VIRTU AMERICAS LLC | $231 | 0.33% |
OPPJ Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $77.2M | 34.64% |
| UBS SECURITIES LLC | $70.5M | 31.66% |
| Macquarie Capital (USA) Inc. | $34.5M | 15.48% |
| CitiGroup Global Markets Inc. | $25.3M | 11.34% |
| BOFA SECURITIES, INC. | $14.7M | 6.59% |
| NISSIN CORP | $437K | 0.20% |
| GOLDMAN SACHS & CO. LLC | $182K | 0.08% |
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.