USFR Fees and Costs — WisdomTree Floating Rate Treasury Fund
Data updated: 2026-07-30
The net expense ratio is 0.15%. There are no sales loads or redemption fees. Portfolio turnover was 159%.
USFR Fees and Expenses
Annual operating expenses and sales charges of USFR. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.15% |
| Fee waiver | — |
| Net expense ratio | 0.15% |
| 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 |
USFR Costs Over Time
On $10,000 invested in USFR, assuming 5% a year before costs, total costs come to $95 over 5 years, cutting the return by 0.16% 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 0.15%) | $16 | $50 | $87 |
| Lost growth on money paid in costs | $0 | $2 | $9 |
| Total costs | $16 | $52 | $95 |
| Value after costs | $10,484 | $11,524 | $12,667 |
| Impact on return, per year | 0.16% | 0.16% | 0.16% |
USFR Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $67.2B
- Portfolio turnover (prospectus): 159%
- Securities on loan, average value: $2.0M
- Net income from securities lending: $3 (0.000% of average net assets)
USFR Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL, INC. | $26.4B | 41.03% |
| BOFA SECURITIES, INC. | $8.7B | 13.43% |
| J.P. Morgan Securities LLC | $7.7B | 11.89% |
| BMO HARRIS FINANCIAL ADVISORS, INC. | $6.9B | 10.79% |
| GOLDMAN SACHS & CO. LLC | $5.1B | 7.96% |
| CitiGroup Global Markets Inc. | $4.9B | 7.67% |
| JEFFERIES LLC | $2.0B | 3.03% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $985.2M | 1.53% |
| BNP PARIBAS SECURITIES CORP. | $926.2M | 1.44% |
| BMO CAPITAL MARKETS CORP. | $800.1M | 1.24% |
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.