RESE — WisdomTree Emerging Markets Dividend Fund
Data updated: 2024-02-29
RESE — WisdomTree Emerging Markets Dividend Fund. Emerging Markets Mid Cap Value Equity · $23.57M AUM. Holdings, fees, performance and SEC filings.
RESE Fund Overview
RESE — WisdomTree Emerging Markets Dividend Fund is a US ETF managed by WisdomTree Trust, categorised as Emerging Markets Mid Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: WisdomTree Trust
- Category: Emerging Markets Mid Cap Value Equity
- Assets under management: $23.57M
- 1-year return: 10.8%
- Ticker: RESE
- SEC CIK: 0001350487
- SEC series ID: S000053369
- Share class ID: C000167888
RESE Investment Objective and Strategy
WisdomTree Emerging Markets Dividend Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by WisdomTree Trust.
Investment objective
The WisdomTree Emerging Markets Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Emerging Markets Dividend Index (the “Index”).
Principal investment strategy
The Fund employs a passive management or indexing investment approach designed to track the performance of the Index. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of the securities in the Index whose risk, return and other characteristics resemble the risk, return, and other characteristics of the Index as a whole. Under normal circumstances, at least 80% of the Funds total assets (exclusive of collateral held from securities lending) will be invested in component securities of the Index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The Index is a dividend weighted index that consists of emerging market dividend-paying common stocks.
The starting universe of the Index consists of equity securities of companies that meet the following eligibility requirements as of the annual Index screening date: (i) incorporated (and/or domiciled with respect to China) within one of 17 emerging market nations (Brazil, Chile, China, Czech Republic, Hungary, India, Indonesia, Korea, Malaysia, Mexico, the Philippines, Poland, Russia, South Africa, Taiwan, Thailand, and Turkey); (ii) listed for trading on a stock exchange in one of the aforementioned emerging market countries (except Chinese companies may have shares listed in Hong Kong); (iii) payment of at least $5 million in gross cash dividends on shares of common stock in the prior annual cycle; (iv) market capitalization of at least $200 million; (v) average daily dollar volume of at least $200,000 for each of the preceding six months; and (vi) trading of at least 250,000 shares per month for each of the preceding six months.
The Index is reconstituted and rebalanced once each year on the annual Index reconstitution date. Securities are weighted in the Index based on dividends paid over the prior annual cycle. Companies that pay a greater total dollar amount of dividends are more heavily weighted. To derive a companys initial Index weight, (i) multiply the U.S. dollar value of the companys annual gross dividend per share by the number of common shares outstanding for that company (the Cash Dividend Factor); (ii) calculate the Cash Dividend Factor for each company; (iii) add together all of the companies Cash Dividend Factors; and (iv) divide the companys Cash Dividend Factor by the sum of all Cash Dividend Factors. At the time of the Indexs annual screening date, the maximum weight of any one sector and any one country in the Index is capped at 25%; however, sector and country weights may fluctuate above the specified cap in response to market conditions and/or the application of volume factor adjustments.
If a component security no longer meets applicable trading volume thresholds as of the annual Index screening date, the Index methodology applies a volume factor adjustment to reduce such component securitys weight in the Index and reallocates the reduction in the weight pro rata among the other remaining securities. WisdomTree Investments, Inc., as index provider, currently uses Standard & Poors Global Industry Classification Standards (S&P GICS) to define companies within a sector. The following sectors are included in the Index: consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, materials, real estate, communication services, and utilities. A sector is comprised of multiple industries. For example, the energy sector is comprised of companies in, among others, the natural gas, oil and petroleum industries.
As of September 30, 2018, a significant portion of the Index was comprised of companies in the financial and information technology sectors. To the extent the Index concentrates (i.e., holds 25% or more of its total assets) in the securities of a particular industry or group of industries, the Fund will concentrate its investments to approximately the same extent as the Index.
RESE Holdings
Top 10 holdings of WisdomTree Emerging Markets Dividend Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Taiwan Semiconductor Manufacturing Co Ltd | 6.31% |
| Samsung Electronics Co Ltd | 3.91% |
| Alibaba Group Holding Ltd | 2.85% |
| State Street Global Advisors | 1.92% |
| Infosys Ltd | 1.06% |
| HDFC Bank Ltd | 0.98% |
| SK Hynix Inc | 0.85% |
| Turkcell Iletisim Hizmetleri AS | 0.85% |
| Ping An Insurance Group Co of China Ltd | 0.84% |
| PDD Holdings Inc | 0.77% |
RESE Portfolio Allocation
Asset-class allocation of WisdomTree Emerging Markets Dividend Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 100.4% |
| Cash & Equivalents | 1.9% |
RESE Performance
Total returns for RESE (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 10.8% |
| 3 years (annualised) | -3.8% |
RESE Risk Information
Risk metrics for RESE, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 17.1%
RESE Costs and Fees
RESE costs about $32 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.32%
- Gross expense ratio: 0.32%
- Portfolio turnover: 48%
- Brokerage commissions: 6.44 bps of average net assets (SEC N-CEN)
RESE Cashflows
Over the 12 months to 2023-12, WisdomTree Emerging Markets Dividend Fund had net outflows of $2.76M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-12 | $0 |
| 2023-11 | $0 |
| 2023-10 | $0 |
| 2023-09 | $0 |
| 2023-08 | $0 |
| 2023-07 | $0 |
RESE Debt Constituents
No individual debt constituents are reported in WisdomTree Emerging Markets Dividend Fund's latest SEC N-PORT filing.
RESE Prospectus and SEC Filings
Official WisdomTree Emerging Markets Dividend Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-10-30
- Prospectus (485BPOS) — filed 2022-10-28
- Prospectus supplement (497) — filed 2023-12-12
- Portfolio holdings (N-PORT) — filed 2024-02-29
- Portfolio holdings (N-PORT) — filed 2023-11-28
- Portfolio holdings (N-PORT) — filed 2023-08-29
- Annual census (N-CEN) — filed 2023-09-13
- Annual census (N-CEN) — filed 2022-09-12
Related Funds
Other Emerging Markets Mid Cap Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.