WGRO Fees and Costs — WisdomTree U.S. Growth & Momentum Fund
Data updated: 2023-11-27
The net expense ratio is 0.55%. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $1K in broker commissions, 0.0338% of average net assets, and portfolio turnover was 520%.
WGRO Fees and Expenses
Annual operating expenses and sales charges of WGRO. Prospectus, as of July 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.55% |
| Fee waiver | — |
| Net expense ratio | 0.55% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
WGRO Costs Over Time
On $10,000 invested in WGRO, assuming 5% a year before costs, total costs come to $368 over 5 years, cutting the return by 0.61% 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 0.55%) | $58 | $181 | $315 |
| Trading costs (broker commissions) | $4 | $11 | $19 |
| Lost growth on money paid in costs | $0 | $9 | $34 |
| Total costs | $61 | $202 | $368 |
| Value after costs | $10,439 | $11,375 | $12,395 |
| Impact on return, per year | 0.61% | 0.61% | 0.61% |
WGRO Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0338%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $3.5M
- Portfolio turnover (prospectus): 520%
- Securities on loan, average value: $15K
- Net income from securities lending: $108 (0.004% of average net assets)
WGRO Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $204 | 20.15% |
| Instinet, LLC | $191 | 18.87% |
| Piper Sandler & Co. | $187 | 18.44% |
| Guardian Capital LP | $122 | 12.03% |
| Goldman Sachs & Co. LLC | $106 | 10.46% |
| Barclays Capital Inc. | $106 | 10.42% |
| CLSA Americas, LLC | $83 | 8.23% |
| BofA Securities, Inc. | $11 | 1.09% |
| J.P. Morgan Securities LLC | $2 | 0.19% |
| Hilltop Securities Inc. | $1 | 0.11% |
WGRO Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $2.3M | 63.82% |
| State Street Bank and Trust Company | $1.3M | 35.88% |
| Morgan Stanley & Co. LLC | $6K | 0.16% |
| Instinet, LLC | $3K | 0.08% |
| UBS Securities LLC | $1K | 0.03% |
| Virtu Americas LLC | $423 | 0.01% |
| HSBC Securities (USA) Inc. | $287 | 0.01% |
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.