Table of Contents
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number 811-21864
WisdomTree Trust
| (Exact name of registrant as specified in charter) |
| 380 Madison Avenue, 21st Floor New York, NY |
10017 | |
| (Address of principal executive offices) | (Zip code) |
The Corporation Trust Company
1209 Orange Street
Wilmington, DE 19801
| (Name and address of agent for service) |
Registrant’s telephone number, including area code: (866)-909-9473
Date of fiscal year end: March 31
Date of reporting period: September 30, 2008
Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.
Table of Contents
Item 1. Report(s) to Stockholders.
The Trust’s semi-annual report transmitted to shareholders pursuant to Rule 30e-1 under the Investment Company Act of 1940 is as follows:
Table of Contents
WisdomTree Trust
Domestic Dividend Funds
Semi-Annual Report
September 30, 2008
WisdomTree Total Dividend Fund
WisdomTree High-Yielding Equity Fund
WisdomTree LargeCap Dividend Fund
WisdomTree Dividend Top 100 Fund
WisdomTree MidCap Dividend Fund
WisdomTree SmallCap Dividend Fund
Table of Contents
| 1 | ||
| 7 | ||
| Schedules of Investments | ||
| 9 | ||
| 19 | ||
| 24 | ||
| 28 | ||
| 30 | ||
| 35 | ||
| 43 | ||
| 44 | ||
| 45 | ||
| 47 | ||
| 50 | ||
| 54 |
“WisdomTree” is a registered mark of WisdomTree Investments, Inc. and is licensed for use by the Trust.
Table of Contents
Performance Summary (unaudited)
WisdomTree Total Dividend Fund
Sector Breakdown† as of 9/30/08‡
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| Bank of America, Corp. |
4.3% | |
| General Electric Co. |
3.5% | |
| Citigroup Inc. |
3.2% | |
| Exxon Mobil Corp. |
2.8% | |
| Pfizer, Inc. |
2.8% | |
| AT&T Inc. |
2.6% | |
| JPMorgan Chase & Co. |
2.4% | |
| Wells Fargo & Co. |
2.2% | |
| Johnson & Johnson |
2.1% | |
| Chevron Corp. |
2.0% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Total Dividend Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Dividend Index.
The WisdomTree Total Dividend Fund (DTD) returned -9.68% at net asset value (“NAV”) for the six month period ended September 30, 2008. Consumer Staples was the best performing sector comprising on average 11.21% of the Fund and returned 1.29% over the period. Financials was the worst performing sector returning -11.57% over the period and comprising on average 30.24% of the portfolio.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.28%.
Performance as of 9/30/08
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Dividend Index |
Russell 3000 Index | |||||||||
| Six Months* |
(9.68 | )% | (9.61 | )% | (9.17 | )% | (10.27 | )% | ||||
| One Year |
(21.17 | )% | (21.08 | )% | (20.37 | )% | (21.37 | )% | ||||
| Since Inception1 |
(1.18 | )% | (1.24 | )% | (0.72 | )% | (1.10 | )% | ||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree Domestic Dividend Funds | 1 |
Table of Contents
Performance Summary (unaudited)
WisdomTree High-Yielding Equity Fund
Sector Breakdown† as of 9/30/08‡
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| Bank of America Corp. |
10.0% | |
| Citigroup, Inc. |
7.5% | |
| Pfizer, Inc. |
6.4% | |
| AT&T Inc. |
6.1% | |
| JPMorgan Chase & Co. |
5.5% | |
| Wells Fargo & Co. |
5.2% | |
| Verizon Communications, Inc. |
3.7% | |
| U.S. Bancorp |
3.2% | |
| Bristol-Myers Squibb Co. |
1.7% | |
| Altria Group, Inc. |
1.7% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree High-Yielding Equity Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree High-Yielding Equity Index.
The WisdomTree High-Yielding Equity Fund (DHS) returned -9.88% at net asset value (“NAV”) for the six month period ended September 30, 2008. Utilities was the best performing sector comprising on average 8.62% of the Fund and returned 4.11% over the period. Financials was the worst performing sector returning -8.87% over the period and comprising on average 53.61% of the portfolio.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.38%.
Performance as of 9/30/08
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree High-Yielding Equity Index |
Russell 1000 Value Index |
|||||||||
| Six Months* |
(9.88 | )% | (10.73 | )% | (9.58 | )% | (11.10 | )% | ||||
| One Year |
(25.23 | )% | (25.81 | )% | (24.71 | )% | (23.39 | )% | ||||
| Since Inception1 |
(3.83 | )% | (4.21 | )% | (3.64 | )% | (2.21 | )% | ||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 2 | WisdomTree Domestic Dividend Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree LargeCap Dividend Fund
Sector Breakdown† as of 9/30/08‡
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| Bank of America Corp. |
5.0% | |
| General Electric Co. |
4.2% | |
| Citigroup, Inc. |
3.8% | |
| Exxon Mobile Corp. |
3.4% | |
| Pfizer, Inc. |
3.3% | |
| AT&T, Inc. |
3.2% | |
| JPMorgan Chase & Co. |
2.9% | |
| Wells Fargo & Co. |
2.7% | |
| Johnson & Johnson |
2.6% | |
| Chevron Corp. |
2.3% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree LargeCap Dividend Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree LargeCap Dividend Index.
The WisdomTree LargeCap Dividend Fund (DLN) returned -10.88% at net asset value (“NAV”) for the six month period ended September 30, 2008. Consumer Staples was the best performing sector, comprising on average 12.63% of the Fund and returned 1.65% over the period. Financials was the worst performing sector returning -14.98% over the period and comprising on average 27.18% of the portfolio.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.28%.
Performance as of 9/30/08
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree LargeCap Dividend Index |
S&P 500 Index | |||||||||
| Six Months* |
(10.88 | )% | (10.62 | )% | (10.26 | )% | (10.87 | )% | ||||
| One Year |
(22.06 | )% | (21.82 | )% | (21.62 | )% | (21.82 | )% | ||||
| Since Inception1 |
(1.18 | )% | (1.17 | )% | (0.90 | )% | (1.11 | )% | ||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree Domestic Dividend Funds | 3 |
Table of Contents
Performance Summary (unaudited)
WisdomTree Dividend Top 100 Fund
Sector Breakdown† as of 9/30/08‡
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| American Capital Ltd. |
2.7% | |
| HCP, Inc. |
2.3% | |
| BB&T Corp. |
2.2% | |
| Equity Residential |
2.0% | |
| U.S. Bancorp |
1.9% | |
| UST, Inc. |
1.6% | |
| Bank of America Corp. |
1.6% | |
| Wells Fargo & Co. |
1.6% | |
| Citigroup, Inc. |
1.5% | |
| Comerica, Inc. |
1.5% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Dividend Top 100 Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Dividend Top 100 Index.
The WisdomTree Dividend Top 100 Fund (DTN) returned -8.86% at net asset value (“NAV”) for the six month period ended September 30, 2008. Consumer Staples was the best performing sector, comprising on average 10.85% of the Fund and returned 6.31% over the period. Financials was the worst performing sector returning -13.49% over the period and comprising on average 42.30% of the portfolio.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.38%.
Performance as of 9/30/08
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Dividend Top 100 Index |
Dow Jones Select Dividend Index |
|||||||||
| Six Months* |
(8.86 | )% | (8.74 | )% | (8.07 | )% | (4.30 | )% | ||||
| One Year |
(21.48 | )% | (21.40 | )% | (20.91 | )% | (17.81 | )% | ||||
| Since Inception1 |
(0.89 | )% | (0.92 | )% | (0.40 | )% | (2.00 | )% | ||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 4 | WisdomTree Domestic Dividend Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree MidCap Dividend Fund
Sector Breakdown† as of 9/30/08‡
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| Windstream Corp. |
1.6% | |
| New York Community Bancorp, Inc. |
1.2% | |
| Liberty Property Trust |
1.2% | |
| Ventas, Inc. |
1.2% | |
| Frontier Communications Corp. |
1.2% | |
| Health Care REIT, Inc. |
1.1% | |
| Duke Realty Corp. |
1.0% | |
| Developers Diversified Realty Corp. |
1.0% | |
| Apollo Investment Corp. |
1.0% | |
| Fidelity National Title Group, Inc. Class A |
1.0% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree MidCap Dividend Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree MidCap Dividend Index.
The WisdomTree MidCap Dividend Fund (DON) returned -3.81% at net asset value (“NAV”) for the six month period ended September 30, 2008. Utilities was the best performing sector, comprising on average 15.10% of the Fund and returned 1.23% over the period. Materials was the worst performing sector returning -12.85% over the period and comprising on average 7.24% of the portfolio.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.38%.
Performance as of 9/30/08
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree MidCap Dividend Index |
S&P MidCap 400 Index |
|||||||||
| Six Months* |
(3.81 | )% | (3.49 | )% | (3.95 | )% | (6.03 | )% | ||||
| One Year |
(16.48 | )% | (16.17 | )% | (16.75 | )% | (16.56 | )% | ||||
| Since Inception1 |
(1.39 | )% | (1.05 | )% | (2.26 | )% | 0.51 | % | ||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree Domestic Dividend Funds | 5 |
Table of Contents
Performance Summary (unaudited)
WisdomTree SmallCap Dividend Fund
Sector Breakdown† as of 9/30/08‡
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| Home Properties, Inc. |
1.0% | |
| Lexington Realty Trust |
0.9% | |
| Entertainment Properties Trust |
0.9% | |
| Washington Real Estate Investment Trust |
0.9% | |
| Omega Healthcare Investors, Inc. |
0.9% | |
| Healthcare Realty Trust, Inc. |
0.8% | |
| BioMed Realty Trust, Inc. |
0.8% | |
| Ares Capital Corp. |
0.8% | |
| Cousins Properties, Inc. |
0.8% | |
| U-Store-It Trust |
0.8% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree SmallCap Dividend Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree SmallCap Dividend Index.
The WisdomTree SmallCap Dividend Fund (DES) returned -1.60% at net asset value (“NAV”) for the six month period ended September 30, 2008. Utilities was the best performing sector, comprising on average 6.01% of the Fund and returned 10.38% over the period. Consumer Discretionary was the worst performing sector returning -15.06% over the period and comprising on average 11.24% of the portfolio.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.38%.
Performance as of 9/30/08
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree SmallCap Dividend Index |
Russell 2000 Index | |||||||||
| Six Months* |
(1.60 | )% | (2.28 | )% | (1.25 | )% | (0.54 | )% | ||||
| One Year |
(13.79 | )% | (14.36 | )% | (13.76 | )% | (14.37 | )% | ||||
| Since Inception1 |
(1.46 | )% | (1.76 | )% | (2.12 | )% | 0.42 | % | ||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 6 | WisdomTree Domestic Dividend Funds |
Table of Contents
Shareholder Expense Examples (unaudited)
As a shareholder of a WisdomTree Fund, you incur two types of costs: (1) transaction costs, including brokerage commissions on purchases and sales of your Fund shares and (2) ongoing costs, including management fees and other Fund expenses. The following example is intended to help you understand your ongoing costs (in dollars and cents) of investing in a Fund and to compare these costs with the ongoing costs of investing in other funds.
The example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period from April 1, 2008 to September 30, 2008.
Actual expenses
The first line under each Fund in the table on the next page provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line for your Fund under the heading entitled “Expenses Paid During Period 4/01/08 to 9/30/08” to estimate the expenses you paid on your account during this period.
Hypothetical example for comparison purposes
The second line under each Fund in the table on the next page provides information about hypothetical account values and hypothetical expenses based on each Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in your Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as brokerage commissions paid on purchases and sales of Fund shares. Therefore, the second line under each Fund in the table is useful in comparing ongoing Fund costs only and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.
| WisdomTree Domestic Dividend Funds | 7 |
Table of Contents
Shareholder Expense Examples (unaudited) (concluded)
| Beginning Account Value 4/01/08 |
Ending Account Value 9/30/08 |
Annualized Expense Ratio Based on the Period 4/01/08 to 9/30/08 |
Expenses Paid During the Period† 4/01/08 to 9/30/08 | |||||||||
| WisdomTree Total Dividend Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 903.19 | 0.28 | % | $ | 1.36 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.64 | 0.28 | % | $ | 1.44 | ||||
| WisdomTree High-Yielding Equity Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 901.16 | 0.38 | % | $ | 1.83 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.14 | 0.38 | % | $ | 1.95 | ||||
| WisdomTree LargeCap Dividend Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 891.20 | 0.28 | % | $ | 1.35 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.64 | 0.28 | % | $ | 1.44 | ||||
| WisdomTree Dividend Top 100 Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 911.39 | 0.38 | % | $ | 1.84 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.14 | 0.38 | % | $ | 1.95 | ||||
| WisdomTree MidCap Dividend Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 961.85 | 0.38 | % | $ | 1.89 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.14 | 0.38 | % | $ | 1.95 | ||||
| WisdomTree SmallCap Dividend Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 983.98 | 0.38 | % | $ | 1.91 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.14 | 0.38 | % | $ | 1.95 | ||||
| † | Expenses are calculated using each Fund’s annualized expense ratio, multiplied by the average account value for the period, multiplied by 183/365 (to reflect the one-half year period). |
| 8 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Total Dividend Fund
September 30, 2008
| Investments | Shares | Value | |||
| COMMON STOCKS – 99.4% | |||||
| Advertising – 0.1% | |||||
| Omnicom Group, Inc. |
1,493 | $ | 57,570 | ||
| Aerospace/Defense – 1.7% | |||||
| Boeing Co. (The) |
4,850 | 278,148 | |||
| General Dynamics Corp. |
2,014 | 148,271 | |||
| Goodrich Corp. |
665 | 27,664 | |||
| L-3 Communications Holdings, Inc. |
465 | 45,719 | |||
| Lockheed Martin Corp. |
2,442 | 267,814 | |||
| Northrop Grumman Corp. |
2,442 | 147,839 | |||
| Raytheon Co. |
2,761 | 147,741 | |||
| Rockwell Collins, Inc. |
592 | 28,469 | |||
| United Technologies Corp. |
6,409 | 384,924 | |||
| Total Aerospace/Defense | 1,476,589 | ||||
| Agriculture – 1.4% | |||||
| Altria Group, Inc. |
31,713 | 629,185 | |||
| Archer-Daniels-Midland Co. |
2,799 | 61,326 | |||
| Reynolds American, Inc. |
5,816 | 282,774 | |||
| Universal Corp. |
419 | 20,569 | |||
| UST, Inc. |
2,633 | 175,200 | |||
| Vector Group Ltd. |
1,968 | 34,755 | |||
| Total Agriculture | 1,203,809 | ||||
| Airlines – 0.0% | |||||
| Southwest Airlines Co. |
245 | 3,555 | |||
| Apparel – 0.3% | |||||
| Cherokee, Inc. |
484 | 10,638 | |||
| Columbia Sportswear Co. |
202 | 8,476 | |||
| Jones Apparel Group, Inc. |
1,251 | 23,156 | |||
| NIKE, Inc. Class B |
2,136 | 142,899 | |||
| Oxford Industries, Inc. |
182 | 4,701 | |||
| Polo Ralph Lauren Corp. |
50 | 3,332 | |||
| VF Corp. |
1,351 | 104,446 | |||
| Wolverine World Wide, Inc. |
200 | 5,292 | |||
| Total Apparel | 302,940 | ||||
| Auto Manufacturers – 0.1% | |||||
| Oshkosh Truck Corp. |
404 | 5,317 | |||
| Paccar, Inc. |
2,075 | 79,244 | |||
| Total Auto Manufacturers | 84,561 | ||||
| Auto Parts & Equipment – 0.2% | |||||
| American Axle & Manufacturing Holdings, Inc. |
765 | 4,100 | |||
| ArvinMeritor, Inc. |
1,318 | 17,187 | |||
| BorgWarner, Inc. |
448 | 14,681 | |||
| Cooper Tire & Rubber Co. |
883 | 7,594 | |||
| Johnson Controls, Inc. |
3,246 | 98,451 | |||
| Modine Manufacturing Co. |
657 | 9,513 | |||
| Superior Industries International, Inc. |
279 | 5,346 | |||
| WABCO Holdings, Inc. |
91 | 3,234 | |||
| Total Auto Parts & Equipment | 160,106 | ||||
| Banks – 12.8% | |||||
| 1st Source Corp. |
353 | 8,296 | |||
| Associated Banc-Corp |
2,445 | 48,778 | |||
| Investments | Shares | Value | |||
| BancorpSouth, Inc. |
1,330 | $ | 37,413 | ||
| BancTrust Financial Group, Inc. |
337 | 4,421 | |||
| Bank Mutual Corp. |
493 | 5,596 | |||
| Bank of America Corp. |
108,092 | 3,783,219 | |||
| Bank of Hawaii Corp. |
754 | 40,301 | |||
| Bank of New York Mellon Corp. (The) |
8,633 | 281,263 | |||
| BB&T Corp. |
12,351 | 466,867 | |||
| BOK Financial Corp. |
477 | 23,092 | |||
| Capital One Financial Corp. |
390 | 19,890 | |||
| Capitol Bancorp Ltd. |
516 | 10,057 | |||
| Cathay General Bancorp |
293 | 6,973 | |||
| Central Pacific Financial Corp. |
689 | 11,582 | |||
| Chemical Financial Corp. |
536 | 16,691 | |||
| City Holding Co. |
232 | 9,802 | |||
| City National Corp. |
626 | 33,992 | |||
| Colonial BancGroup, Inc. (The) |
3,494 | 27,463 | |||
| Comerica, Inc. |
3,582 | 117,454 | |||
| Commerce Bancshares, Inc. |
685 | 31,784 | |||
| Community Bank System, Inc. |
682 | 17,152 | |||
| Community Trust Bancorp, Inc. |
236 | 8,118 | |||
| Cullen/Frost Bankers, Inc. |
786 | 47,160 | |||
| CVB Financial Corp. |
1,478 | 20,544 | |||
| East West Bancorp, Inc. |
484 | 6,631 | |||
| Fifth Third Bancorp |
13,518 | 160,864 | |||
| First Busey Corp. |
797 | 14,609 | |||
| First Commonwealth Financial Corp. |
2,237 | 30,132 | |||
| First Community Bancshares, Inc. |
90 | 3,377 | |||
| First Financial Bancorp |
1,216 | 17,754 | |||
| First Financial Bankshares, Inc. |
372 | 19,299 | |||
| First Financial Corp. |
180 | 8,456 | |||
| First Merchants Corp. |
233 | 5,312 | |||
| First Midwest Bancorp, Inc. |
910 | 22,058 | |||
| FirstMerit Corp. |
2,063 | 43,323 | |||
| FNB Corp./PA |
1,902 | 30,394 | |||
| Frontier Financial Corp. |
812 | 10,905 | |||
| Fulton Financial Corp. |
3,782 | 41,262 | |||
| Glacier Bancorp, Inc. |
734 | 18,181 | |||
| Green Bancshares, Inc. |
166 | 3,903 | |||
| Hancock Holding Co. |
424 | 21,624 | |||
| Harleysville National Corp. |
892 | 15,146 | |||
| Huntington Bancshares, Inc. |
10,870 | 86,851 | |||
| IBERIABANK Corp. |
149 | 7,875 | |||
| Independent Bank Corp. |
805 | 4,983 | |||
| Integra Bank Corp. |
338 | 2,697 | |||
| International Bancshares Corp. |
994 | 26,838 | |||
| KeyCorp |
9,989 | 119,269 | |||
| M&T Bank Corp. |
1,486 | 132,626 | |||
| Macatawa Bank Corp. |
415 | 2,901 | |||
| Marshall & Ilsley Corp. |
4,667 | 94,040 | |||
| MB Financial, Inc. |
502 | 16,601 | |||
| National City Corp. |
24,565 | 42,989 | |||
| National Penn Bancshares, Inc. |
1,251 | 18,265 | |||
| NBT Bancorp, Inc. |
564 | 16,875 | |||
| Northern Trust Corp. |
1,291 | 93,210 | |||
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 9 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Dividend Fund
September 30, 2008
| Investments | Shares | Value | |||
| Old National Bancorp |
1,658 | $ | 33,193 | ||
| Pacific Capital Bancorp |
996 | 20,269 | |||
| PacWest Bancorp |
466 | 13,323 | |||
| Park National Corp. |
371 | 28,938 | |||
| PNC Financial Services Group, Inc. |
5,128 | 383,062 | |||
| Prosperity Bancshares, Inc. |
294 | 9,993 | |||
| Provident Bankshares Corp. |
979 | 9,506 | |||
| Regions Financial Corp. |
17,156 | 164,698 | |||
| Renasant Corp. |
195 | 4,233 | |||
| S&T Bancorp, Inc. |
539 | 19,851 | |||
| Seacoast Banking Corp. of Florida |
620 | 6,653 | |||
| South Financial Group, Inc. (The) |
1,518 | 11,127 | |||
| State Street Corp. |
1,623 | 92,316 | |||
| Sterling Financial Corp. |
413 | 5,989 | |||
| SunTrust Banks, Inc. |
6,230 | 280,288 | |||
| Susquehanna Bancshares, Inc. |
1,406 | 27,445 | |||
| Synovus Financial Corp. |
4,319 | 44,702 | |||
| TCF Financial Corp. |
2,831 | 50,958 | |||
| Tompkins Financial Corp. |
80 | 4,040 | |||
| TrustCo Bank Corp. |
2,359 | 27,624 | |||
| Trustmark Corp. |
1,066 | 22,109 | |||
| U.S. Bancorp |
33,657 | 1,212,324 | |||
| UMB Financial Corp. |
368 | 19,327 | |||
| Umpqua Holdings Corp. |
1,362 | 20,035 | |||
| United Bankshares, Inc. |
830 | 29,050 | |||
| United Community Banks, Inc. |
316 | 4,190 | |||
| United Security Bancshares, Inc. |
263 | 4,303 | |||
| Univest Corp. of Pennsylvania |
150 | 5,550 | |||
| Valley National Bancorp |
2,405 | 50,409 | |||
| Wachovia Corp. |
50,094 | 175,329 | |||
| Webster Financial Corp. |
922 | 23,281 | |||
| Wells Fargo & Co. |
52,322 | 1,963,644 | |||
| WesBanco, Inc. |
400 | 10,648 | |||
| Westamerica Bancorp. |
431 | 24,795 | |||
| Whitney Holding Corp. |
1,366 | 33,126 | |||
| Wilmington Trust Corp. |
1,158 | 33,385 | |||
| Wilshire Bancorp, Inc. |
328 | 3,992 | |||
| Zions Bancorp |
1,551 | 60,024 | |||
| Total Banks | 11,150,887 | ||||
| Beverages – 2.9% | |||||
| Anheuser-Busch Cos., Inc. |
7,088 | 459,869 | |||
| Brown-Forman Corp. Class A |
452 | 32,092 | |||
| Brown-Forman Corp. Class B |
533 | 38,275 | |||
| Coca-Cola Co. (The) |
19,149 | 1,012,599 | |||
| Coca-Cola Enterprises, Inc. |
1,702 | 28,543 | |||
| Molson Coors Brewing Co., Class B |
759 | 35,483 | |||
| Pepsi Bottling Group, Inc. |
1,213 | 35,383 | |||
| PepsiAmericas, Inc. |
841 | 17,426 | |||
| PepsiCo, Inc. |
11,844 | 844,122 | |||
| Total Beverages | 2,503,792 | ||||
| Building Materials – 0.2% | |||||
| Eagle Materials, Inc. |
507 | 11,342 | |||
| Lennox International, Inc. |
482 | 16,036 | |||
| Investments | Shares | Value | |||
| Martin Marietta Materials, Inc. |
197 | $ | 22,060 | ||
| Masco Corp. |
6,134 | 110,044 | |||
| Simpson Manufacturing Co., Inc. |
194 | 5,255 | |||
| Total Building Materials | 164,737 | ||||
| Chemicals – 2.4% | |||||
| A. Schulman, Inc. |
187 | 3,699 | |||
| Air Products & Chemicals, Inc. |
1,202 | 82,325 | |||
| Airgas, Inc. |
292 | 14,498 | |||
| Albemarle Corp. |
433 | 13,354 | |||
| Arch Chemicals, Inc. |
211 | 7,448 | |||
| Ashland, Inc. |
635 | 18,567 | |||
| Cabot Corp. |
569 | 18,083 | |||
| Celanese Corp. Series A |
309 | 8,624 | |||
| Chemtura Corp. |
3,049 | 13,903 | |||
| Dow Chemical Co. (The) |
14,916 | 474,030 | |||
| E.I. du Pont de Nemours & Co. |
13,330 | 537,198 | |||
| Eastman Chemical Co. |
893 | 49,169 | |||
| Ecolab, Inc. |
863 | 41,873 | |||
| Ferro Corp. |
659 | 13,246 | |||
| FMC Corp. |
266 | 13,670 | |||
| H.B. Fuller Co. |
138 | 2,880 | |||
| Hercules, Inc. |
723 | 14,308 | |||
| Huntsman Corp. |
1,520 | 19,152 | |||
| Innophos Holdings, Inc. |
369 | 8,996 | |||
| International Flavors & Fragrances, Inc. |
584 | 23,045 | |||
| Kronos Worldwide, Inc. |
1,225 | 16,231 | |||
| Lubrizol Corp. |
544 | 23,468 | |||
| Monsanto Co. |
1,415 | 140,057 | |||
| NewMarket Corp. |
54 | 2,838 | |||
| Olin Corp. |
1,335 | 25,899 | |||
| PPG Industries, Inc. |
1,865 | 108,767 | |||
| Praxair, Inc. |
1,610 | 115,501 | |||
| Rohm & Haas Co. |
2,047 | 143,290 | |||
| RPM International, Inc. |
1,823 | 35,257 | |||
| Sensient Technologies Corp. |
629 | 17,694 | |||
| Sherwin-Williams Co. (The) |
1,012 | 57,846 | |||
| Sigma-Aldrich Corp. |
418 | 21,912 | |||
| Spartech Corp. |
377 | 3,732 | |||
| Valhi, Inc. |
1,166 | 20,988 | |||
| Valspar Corp. (The) |
1,044 | 23,271 | |||
| Westlake Chemical Corp. |
224 | 4,711 | |||
| Total Chemicals | 2,139,530 | ||||
| Coal – 0.1% | |||||
| Arch Coal, Inc. |
439 | 14,439 | |||
| Consol Energy, Inc. |
414 | 18,998 | |||
| Massey Energy Co. |
161 | 5,743 | |||
| Peabody Energy Corp. |
480 | 21,600 | |||
| Penn Virginia GP Holdings LP |
620 | 12,952 | |||
| Walter Industries, Inc. |
121 | 5,741 | |||
| Total Coal | 79,473 | ||||
| Commercial Services – 1.0% | |||||
| ABM Industries, Inc. |
713 | 15,572 | |||
| Advance America, Cash Advance Centers, Inc. |
2,257 | 6,748 | |||
See Notes to Financial Statements.
| 10 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Dividend Fund
September 30, 2008
| Investments | Shares | Value | |||
| Automatic Data Processing, Inc. |
5,260 | $ | 224,866 | ||
| Corporate Executive Board Co. (The) |
444 | 13,875 | |||
| Deluxe Corp. |
870 | 12,519 | |||
| H&R Block, Inc. |
3,898 | 88,680 | |||
| Healthcare Services Group, Inc. |
391 | 7,151 | |||
| Interactive Data Corp. |
742 | 18,713 | |||
| Jackson Hewitt Tax Service, Inc. |
265 | 4,065 | |||
| Kelly Services, Inc. Class A |
250 | 4,763 | |||
| Landauer, Inc. |
115 | 8,366 | |||
| Manpower, Inc. |
527 | 22,745 | |||
| Mastercard, Inc. Class A |
104 | 18,442 | |||
| McGrath Rentcorp |
199 | 5,735 | |||
| McKesson Corp. |
443 | 23,838 | |||
| Moody’s Corp. |
769 | 26,146 | |||
| Paychex, Inc. |
4,565 | 150,782 | |||
| Pharmaceutical Product Development, Inc. |
555 | 22,949 | |||
| R.R. Donnelley & Sons Co. |
2,501 | 61,350 | |||
| Robert Half International, Inc. |
1,245 | 30,814 | |||
| Rollins, Inc. |
750 | 14,235 | |||
| Service Corp. International |
1,640 | 13,710 | |||
| Sotheby’s Class A |
571 | 11,454 | |||
| Strayer Education, Inc. |
45 | 9,012 | |||
| Total System Services, Inc. |
3,082 | 50,545 | |||
| Weight Watchers International, Inc. |
570 | 20,862 | |||
| Western Union Co. (The) |
647 | 15,961 | |||
| Total Commercial Services | 903,898 | ||||
| Computers – 1.5% | |||||
| Diebold, Inc. |
862 | 28,541 | |||
| Hewlett-Packard Co. |
6,203 | 286,827 | |||
| IKON Office Solutions, Inc. |
627 | 10,665 | |||
| Imation Corp. |
685 | 15,474 | |||
| International Business Machines Corp. |
7,908 | 924,920 | |||
| Jack Henry & Associates, Inc. |
222 | 4,513 | |||
| Total Computers | 1,270,940 | ||||
| Cosmetics/Personal Care – 2.3% | |||||
| Alberto-Culver Co. |
281 | 7,654 | |||
| Avon Products, Inc. |
3,102 | 128,950 | |||
| Colgate-Palmolive Co. |
3,616 | 272,466 | |||
| Estee Lauder Cos., Inc. (The) Class A |
626 | 31,244 | |||
| Procter & Gamble Co. |
22,783 | 1,587,747 | |||
| Total Cosmetics/Personal Care | 2,028,061 | ||||
| Distribution/Wholesale – 0.2% | |||||
| Fastenal Co. |
758 | 37,438 | |||
| Genuine Parts Co. |
2,009 | 80,781 | |||
| Owens & Minor, Inc. |
412 | 19,982 | |||
| Pool Corp. |
482 | 11,245 | |||
| W.W. Grainger, Inc. |
539 | 46,877 | |||
| Watsco, Inc. |
443 | 22,274 | |||
| Total Distribution/Wholesale | 218,597 | ||||
| Diversified Financial Services – 7.3% | |||||
| Advanta Corp. Class A |
1,139 | 5,615 | |||
| Advanta Corp. Class B |
1,304 | 10,732 | |||
| Investments | Shares | Value | |||
| American Express Co. |
6,210 | $ | 220,020 | ||
| Ameriprise Financial, Inc. |
912 | 34,838 | |||
| BlackRock, Inc. |
589 | 114,561 | |||
| Charles Schwab Corp. (The) |
3,609 | 93,834 | |||
| CIT Group, Inc. |
3,240 | 22,550 | |||
| Citigroup, Inc. |
137,278 | 2,815,571 | |||
| CME Group, Inc. |
113 | 41,981 | |||
| Cohen & Steers, Inc. |
541 | 15,327 | |||
| Discover Financial Services |
2,803 | 38,737 | |||
| Eaton Vance Corp. |
617 | 21,737 | |||
| Federated Investors, Inc. Class B |
883 | 25,475 | |||
| Financial Federal Corp. |
164 | 3,759 | |||
| Franklin Resources, Inc. |
495 | 43,624 | |||
| Goldman Sachs Group, Inc. |
1,036 | 132,608 | |||
| Greenhill & Co., Inc. |
289 | 21,314 | |||
| JPMorgan Chase & Co. |
44,812 | 2,092,720 | |||
| Legg Mason, Inc. |
692 | 26,338 | |||
| Merrill Lynch & Co., Inc. |
8,503 | 215,126 | |||
| Morgan Stanley |
8,844 | 203,412 | |||
| National Financial Partners Corp. |
423 | 6,345 | |||
| NYSE Euronext |
1,236 | 48,426 | |||
| Raymond James Financial, Inc. |
655 | 21,602 | |||
| Student Loan Corp. (The) |
384 | 35,712 | |||
| SWS Group, Inc. |
384 | 7,741 | |||
| T. Rowe Price Group, Inc. |
1,133 | 60,853 | |||
| Waddell & Reed Financial, Inc. Class A |
769 | 19,033 | |||
| Total Diversified Financial Services | 6,399,591 | ||||
| Electric – 5.4% | |||||
| ALLETE, Inc. |
649 | 28,881 | |||
| Alliant Energy Corp. |
1,391 | 44,804 | |||
| Ameren Corp. |
3,659 | 142,811 | |||
| American Electric Power Co., Inc. |
5,389 | 199,555 | |||
| Avista Corp. |
817 | 17,737 | |||
| Black Hills Corp. |
577 | 17,927 | |||
| CH Energy Group, Inc. |
450 | 19,607 | |||
| Cleco Corp. |
935 | 23,609 | |||
| CMS Energy Corp. |
1,056 | 13,168 | |||
| Consolidated Edison, Inc. |
4,923 | 211,491 | |||
| Constellation Energy Group, Inc. |
1,233 | 29,962 | |||
| Dominion Resources, Inc. |
7,046 | 301,427 | |||
| DPL, Inc. |
1,390 | 34,472 | |||
| DTE Energy Co. |
2,911 | 116,789 | |||
| Duke Energy Corp. |
20,938 | 364,948 | |||
| Edison International |
2,601 | 103,780 | |||
| Empire District Electric Co. (The) |
970 | 20,710 | |||
| Entergy Corp. |
1,876 | 166,983 | |||
| Exelon Corp. |
4,980 | 311,847 | |||
| FirstEnergy Corp. |
3,067 | 205,458 | |||
| FPL Group, Inc. |
3,582 | 180,175 | |||
| Great Plains Energy, Inc. |
1,921 | 42,685 | |||
| Hawaiian Electric Industries, Inc. |
1,792 | 52,165 | |||
| IDACORP, Inc. |
726 | 21,119 | |||
| Integrys Energy Group, Inc. |
1,553 | 77,557 | |||
| ITC Holdings Corp. |
380 | 19,673 | |||
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 11 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Dividend Fund
September 30, 2008
| Investments | Shares | Value | |||
| MDU Resources Group, Inc. |
1,617 | $ | 46,893 | ||
| MGE Energy, Inc. |
501 | 17,811 | |||
| Northeast Utilities |
1,639 | 42,040 | |||
| NorthWestern Corp. |
843 | 21,185 | |||
| NSTAR |
1,661 | 55,644 | |||
| OGE Energy Corp. |
1,511 | 46,660 | |||
| Otter Tail Corp. |
557 | 17,117 | |||
| Pepco Holdings, Inc. |
2,843 | 65,133 | |||
| PG&E Corp. |
4,153 | 155,530 | |||
| Pinnacle West Capital Corp. |
1,975 | 67,960 | |||
| PNM Resources, Inc. |
1,469 | 15,043 | |||
| Portland General Electric Co. |
1,054 | 24,938 | |||
| PPL Corp. |
3,168 | 117,279 | |||
| Progress Energy, Inc. |
4,884 | 210,647 | |||
| Public Service Enterprise Group, Inc. |
4,660 | 152,801 | |||
| Puget Energy, Inc. |
1,739 | 46,431 | |||
| SCANA Corp. |
1,820 | 70,853 | |||
| Sierra Pacific Resources |
1,774 | 16,995 | |||
| Southern Co. |
11,948 | 450,319 | |||
| TECO Energy, Inc. |
3,733 | 58,720 | |||
| UIL Holdings Corp. |
629 | 21,594 | |||
| UniSource Energy Co. |
593 | 17,310 | |||
| Westar Energy, Inc. |
1,765 | 40,666 | |||
| Wisconsin Energy Corp. |
920 | 41,308 | |||
| Xcel Energy, Inc. |
6,283 | 125,597 | |||
| Total Electric | 4,715,814 | ||||
| Electrical Components & Equipment – 0.4% | |||||
| Ametek, Inc. |
356 | 14,514 | |||
| Emerson Electric Co. |
6,581 | 268,439 | |||
| Hubbell, Inc. Class B |
578 | 20,259 | |||
| Molex, Inc. |
856 | 19,217 | |||
| Molex, Inc. Class A |
760 | 15,816 | |||
| Total Electrical Components & Equipment | 338,245 | ||||
| Electronics – 0.1% | |||||
| Applied Biosystems, Inc. |
469 | 16,063 | |||
| AVX Corp. |
1,221 | 12,442 | |||
| Brady Corp. Class A |
407 | 14,359 | |||
| Gentex Corp. |
1,488 | 21,279 | |||
| Jabil Circuit, Inc. |
1,586 | 15,130 | |||
| National Instruments Corp. |
552 | 16,588 | |||
| PerkinElmer, Inc. |
659 | 16,455 | |||
| Woodward Governor Co. |
120 | 4,232 | |||
| Total Electronics | 116,548 | ||||
| Engineering & Construction – 0.0% | |||||
| Fluor Corp. |
420 | 23,394 | |||
| Granite Construction, Inc. |
169 | 6,054 | |||
| Total Engineering & Construction | 29,448 | ||||
| Entertainment – 0.1% |
|||||
| International Game Technology |
1,599 | 27,471 | |||
| National CineMedia, Inc. |
312 | 3,448 | |||
| Regal Entertainment Group Class A |
3,307 | 52,184 | |||
| Total Entertainment | 83,103 | ||||
| Investments | Shares | Value | |||
| Environmental Control – 0.3% | |||||
| American Ecology Corp. |
100 | $ | 2,767 | ||
| Mine Safety Appliances Co. |
363 | 13,838 | |||
| Nalco Holding Co. |
313 | 5,803 | |||
| Republic Services, Inc. |
1,613 | 48,358 | |||
| Waste Management, Inc. |
5,599 | 176,312 | |||
| Total Environmental Control | 247,078 | ||||
| Food – 2.8% | |||||
| B&G Foods, Inc. Class A |
1,463 | 10,460 | |||
| Campbell Soup Co. |
3,505 | 135,293 | |||
| ConAgra Foods, Inc. |
5,777 | 112,420 | |||
| Corn Products International, Inc. |
481 | 15,527 | |||
| Del Monte Foods Co. |
2,055 | 16,029 | |||
| Flowers Foods, Inc. |
940 | 27,598 | |||
| General Mills, Inc. |
3,474 | 238,733 | |||
| H.J. Heinz Co. |
3,987 | 199,230 | |||
| Hershey Co. (The) |
1,925 | 76,115 | |||
| Hormel Foods Corp. |
1,059 | 38,421 | |||
| J.M. Smucker Co. (The) |
581 | 29,451 | |||
| Kellogg Co. |
3,562 | 199,828 | |||
| Kraft Foods, Inc. Class A |
19,367 | 634,270 | |||
| Kroger Co. (The) |
3,108 | 85,408 | |||
| Lancaster Colony Corp. |
476 | 17,926 | |||
| Lance, Inc. |
414 | 9,394 | |||
| McCormick & Co., Inc. |
1,105 | 42,487 | |||
| Ruddick Corp. |
390 | 12,656 | |||
| Safeway, Inc. |
1,421 | 33,706 | |||
| Sanderson Farms, Inc. |
179 | 6,576 | |||
| Sara Lee Corp. |
7,286 | 92,022 | |||
| SUPERVALU, Inc. |
1,567 | 34,004 | |||
| SYSCO Corp. |
6,508 | 200,642 | |||
| Tyson Foods, Inc. Class A |
1,527 | 18,232 | |||
| Weis Markets, Inc. |
412 | 14,836 | |||
| Wm. Wrigley Jr. Co. |
1,597 | 126,802 | |||
| Total Food | 2,428,066 | ||||
| Forest Products & Paper – 0.7% | |||||
| International Paper Co. |
5,131 | 134,330 | |||
| MeadWestvaco Corp. |
2,057 | 47,949 | |||
| P.H. Glatfelter Co. |
304 | 4,116 | |||
| Plum Creek Timber Co., Inc. |
2,503 | 124,800 | |||
| Potlatch Corp. |
678 | 31,452 | |||
| Rayonier, Inc. |
1,250 | 59,188 | |||
| Wausau Paper Corp. |
571 | 5,784 | |||
| Weyerhaeuser Co. |
2,730 | 165,383 | |||
| Total Forest Products & Paper | 573,002 | ||||
| Gas – 0.8% | |||||
| AGL Resources, Inc. |
1,364 | 42,802 | |||
| Atmos Energy Corp. |
1,846 | 49,141 | |||
| CenterPoint Energy, Inc. |
4,726 | 68,858 | |||
| Energen Corp. |
173 | 7,833 | |||
| Laclede Group, Inc. (The) |
479 | 23,227 | |||
| National Fuel Gas Co. |
802 | 33,828 | |||
See Notes to Financial Statements.
| 12 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Dividend Fund
September 30, 2008
| Investments | Shares | Value | |||
| New Jersey Resources Corp. |
645 | $ | 23,149 | ||
| Nicor, Inc. |
877 | 38,895 | |||
| NiSource, Inc. |
5,323 | 78,567 | |||
| Northwest Natural Gas Co. |
414 | 21,528 | |||
| Piedmont Natural Gas Co., Inc. |
1,236 | 39,503 | |||
| Sempra Energy |
1,941 | 97,963 | |||
| South Jersey Industries, Inc. |
489 | 17,457 | |||
| Southern Union Co. |
1,069 | 22,075 | |||
| Southwest Gas Corp. |
723 | 21,878 | |||
| UGI Corp. |
1,254 | 32,328 | |||
| Vectren Corp. |
1,413 | 39,352 | |||
| WGL Holdings, Inc. |
938 | 30,438 | |||
| Total Gas | 688,822 | ||||
| Hand/Machine Tools – 0.2% | |||||
| Baldor Electric Co. |
467 | 13,454 | |||
| Black & Decker Corp. |
541 | 32,866 | |||
| Kennametal, Inc. |
489 | 13,262 | |||
| Lincoln Electric Holdings, Inc. |
334 | 21,480 | |||
| Regal-Beloit Corp. |
152 | 6,463 | |||
| Snap-On, Inc. |
608 | 32,017 | |||
| Stanley Works (The) |
833 | 34,769 | |||
| Total Hand/Machine Tools | 154,311 | ||||
| Healthcare-Products – 2.9% | |||||
| Baxter International, Inc. |
3,553 | 233,183 | |||
| Beckman Coulter, Inc. |
296 | 21,013 | |||
| Becton Dickinson & Co. |
1,292 | 103,696 | |||
| C.R. Bard, Inc. |
315 | 29,884 | |||
| DENTSPLY International, Inc. |
343 | 12,876 | |||
| Hill-Rom Holdings, Inc. |
616 | 18,671 | |||
| Johnson & Johnson |
27,010 | 1,871,253 | |||
| Medtronic, Inc. |
4,353 | 218,085 | |||
| Mentor Corp. |
459 | 10,952 | |||
| Meridian Bioscience, Inc. |
226 | 6,563 | |||
| STERIS Corp. |
192 | 7,215 | |||
| Stryker Corp. |
485 | 30,216 | |||
| West Pharmaceutical Services, Inc. |
144 | 7,030 | |||
| Total Healthcare-Products | 2,570,637 | ||||
| Healthcare-Services – 0.1% | |||||
| Brookdale Senior Living, Inc. |
2,695 | 59,263 | |||
| Quest Diagnostics, Inc. |
646 | 33,379 | |||
| UnitedHealth Group, Inc. |
252 | 6,398 | |||
| Universal Health Services, Inc. Class B |
119 | 6,668 | |||
| Total Healthcare-Services | 105,708 | ||||
| Holding Companies-Diversified – 0.0% | |||||
| Compass Diversified Holdings |
1,325 | 18,471 | |||
| Leucadia National Corp. |
505 | 22,947 | |||
| Total Holding Companies-Diversified | 41,418 | ||||
| Home Builders – 0.2% | |||||
| Centex Corp. |
518 | 8,392 | |||
| D.R. Horton, Inc. |
5,736 | 74,682 | |||
| KB Home |
1,698 | 33,417 | |||
| Investments | Shares | Value | |||
| Lennar Corp. Class A |
1,754 | $ | 26,643 | ||
| Lennar Corp. Class B |
426 | 5,189 | |||
| MDC Holdings, Inc. |
561 | 20,527 | |||
| Pulte Homes, Inc. |
1,710 | 23,889 | |||
| Ryland Group, Inc. |
420 | 11,138 | |||
| Thor Industries, Inc. |
138 | 3,425 | |||
| Total Home Builders | 207,302 | ||||
| Home Furnishings – 0.1% | |||||
| Bassett Furniture Industries, Inc. |
319 | 2,727 | |||
| Ethan Allen Interiors, Inc. |
513 | 14,374 | |||
| Furniture Brands International, Inc. |
1,554 | 16,348 | |||
| La-Z-Boy, Inc. |
1,691 | 15,760 | |||
| Whirlpool Corp. |
685 | 54,315 | |||
| Total Home Furnishings | 103,524 | ||||
| Household Products/Wares – 0.7% | |||||
| American Greetings Corp. Class A |
226 | 3,456 | |||
| Avery Dennison Corp. |
1,410 | 62,717 | |||
| Blyth, Inc. |
634 | 7,190 | |||
| Church & Dwight Co., Inc. |
119 | 7,389 | |||
| Clorox Co. |
1,339 | 83,942 | |||
| Ennis, Inc. |
234 | 3,618 | |||
| Fortune Brands, Inc. |
1,322 | 75,830 | |||
| Kimberly-Clark Corp. |
5,033 | 326,339 | |||
| Scotts Miracle-Gro Co. (The) Class A |
447 | 10,567 | |||
| Standard Register Co. (The) |
668 | 6,580 | |||
| Tupperware Brands Corp. |
742 | 20,501 | |||
| WD-40 Co. |
151 | 5,425 | |||
| Total Household Products/Wares | 613,554 | ||||
| Housewares – 0.1% | |||||
| Newell Rubbermaid, Inc. |
3,453 | 59,599 | |||
| Toro Co. |
103 | 4,254 | |||
| Total Housewares | 63,853 | ||||
| Insurance – 3.1% | |||||
| Allstate Corp. (The) |
6,587 | 303,792 | |||
| AMBAC Financial Group, Inc. |
1,472 | 3,430 | |||
| American Family Life Assurance Co., Inc. |
2,262 | 132,893 | |||
| American Financial Group, Inc. |
914 | 26,963 | |||
| American National Insurance Co. |
283 | 24,431 | |||
| AON Corp. |
1,409 | 63,349 | |||
| Arthur J. Gallagher & Co. |
1,886 | 48,395 | |||
| Assurant, Inc. |
417 | 22,935 | |||
| Brown & Brown, Inc. |
863 | 18,658 | |||
| Chubb Corp. |
3,127 | 171,672 | |||
| Cincinnati Financial Corp. |
2,406 | 68,427 | |||
| CNA Financial Corp. |
1,937 | 50,827 | |||
| Erie Indemnity Co. Class A |
741 | 31,322 | |||
| Fidelity National Title Group, Inc. Class A |
6,795 | 99,887 | |||
| First American Corp. |
1,001 | 29,530 | |||
| Genworth Financial, Inc. Class A |
2,761 | 23,772 | |||
| Hanover Insurance Group, Inc. (The) |
87 | 3,960 | |||
| Harleysville Group, Inc. |
486 | 18,371 | |||
| Hartford Financial Services Group, Inc. |
2,878 | 117,969 | |||
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 13 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Dividend Fund
September 30, 2008
| Investments | Shares | Value | |||
| HCC Insurance Holdings, Inc. |
862 | $ | 23,274 | ||
| Hilb Rogal & Hobbs Co. |
143 | 6,684 | |||
| LandAmerica Financial Group, Inc. |
232 | 5,626 | |||
| Lincoln National Corp. |
2,965 | 126,932 | |||
| Loews Corp. |
1,064 | 42,017 | |||
| Marsh & McLennan Cos., Inc. |
6,052 | 192,212 | |||
| Mercury General Corp. |
944 | 51,684 | |||
| Metlife, Inc. |
3,394 | 190,064 | |||
| Nationwide Financial Services, Inc. Class A |
552 | 27,230 | |||
| Old Republic International Corp. |
3,932 | 50,133 | |||
| Phoenix Cos., Inc. (The) |
393 | 3,631 | |||
| Principal Financial Group, Inc. |
1,366 | 59,407 | |||
| Progressive Corp. (The) |
683 | 11,884 | |||
| Protective Life Corp. |
744 | 21,211 | |||
| Prudential Financial, Inc. |
2,149 | 154,728 | |||
| Reinsurance Group of America Inc. Class A |
85 | 4,590 | |||
| Safety Insurance Group, Inc. |
451 | 17,106 | |||
| Selective Insurance Group, Inc. |
661 | 15,150 | |||
| StanCorp Financial Group, Inc. |
393 | 20,436 | |||
| State Auto Financial Corp. |
523 | 15,204 | |||
| Stewart Information Services Corp. |
145 | 4,314 | |||
| Torchmark Corp. |
354 | 21,169 | |||
| Transatlantic Holdings, Inc. |
287 | 15,598 | |||
| Travelers Cos., Inc. (The) |
5,395 | 243,854 | |||
| United Fire & Casualty Co. |
187 | 5,346 | |||
| Unitrin, Inc. |
1,136 | 28,332 | |||
| Unum Group |
1,925 | 48,318 | |||
| W.R. Berkley Corp. |
642 | 15,119 | |||
| Zenith National Insurance Corp. |
784 | 28,726 | |||
| Total Insurance | 2,710,562 | ||||
| Internet – 0.0% | |||||
| United Online, Inc. |
1,942 | 18,274 | |||
| Investment Companies – 0.6% | |||||
| Allied Capital Corp. |
7,070 | 76,356 | |||
| American Capital Ltd. |
8,600 | 219,385 | |||
| Apollo Investment Corp. |
5,757 | 98,157 | |||
| Ares Capital Corp. |
3,572 | 37,256 | |||
| BlackRock Kelso Capital Corp. |
2,484 | 28,641 | |||
| Gladstone Capital Corp. |
829 | 12,634 | |||
| Hercules Technology Growth Capital, Inc. |
1,661 | 16,112 | |||
| Kohlberg Capital Corp. |
1,237 | 10,626 | |||
| NGP Capital Resources Co. |
702 | 10,228 | |||
| Patriot Capital Funding, Inc. |
1,537 | 9,791 | |||
| PennantPark Investment Corp. |
561 | 4,157 | |||
| Prospect Capital Corp. |
1,377 | 17,639 | |||
| TICC Capital Corp. |
1,673 | 8,599 | |||
| Total Investment Companies | 549,581 | ||||
| Iron/Steel – 0.1% | |||||
| Allegheny Technologies, Inc. |
352 | 10,402 | |||
| Carpenter Technology Corp. |
232 | 5,951 | |||
| Cleveland-Cliffs, Inc. |
142 | 7,517 | |||
| Mesabi Trust |
595 | 11,513 | |||
| Investments | Shares | Value | |||
| Nucor Corp. |
950 | $ | 37,524 | ||
| Reliance Steel & Aluminum Co. |
275 | 10,442 | |||
| Steel Dynamics, Inc. |
695 | 11,878 | |||
| United States Steel Corp. |
354 | 27,474 | |||
| Total Iron/Steel | 122,701 | ||||
| Leisure Time – 0.2% | |||||
| Brunswick Corp. |
1,269 | 16,231 | |||
| Callaway Golf Co. |
305 | 4,291 | |||
| Harley-Davidson, Inc. |
2,401 | 89,558 | |||
| Polaris Industries, Inc. |
505 | 22,972 | |||
| Total Leisure Time | 133,052 | ||||
| Lodging – 0.1% | |||||
| Ameristar Casinos, Inc. |
211 | 2,994 | |||
| Choice Hotels International, Inc. |
569 | 15,420 | |||
| Marriott International, Inc. Class A |
1,186 | 30,943 | |||
| Starwood Hotels & Resorts Worldwide, Inc. |
1,481 | 41,676 | |||
| Wyndham Worldwide Corp |
626 | 9,834 | |||
| Total Lodging | 100,867 | ||||
| Machinery-Construction & Mining – 0.4% | |||||
| Caterpillar, Inc. |
4,955 | 295,318 | |||
| Joy Global, Inc. |
444 | 20,042 | |||
| Total Machinery-Construction & Mining | 315,360 | ||||
| Machinery-Diversified – 0.4% | |||||
| Applied Industrial Technologies, Inc. |
456 | 12,280 | |||
| Briggs & Stratton Corp. |
834 | 13,494 | |||
| Cognex Corp. |
279 | 5,625 | |||
| Cummins, Inc. |
755 | 33,009 | |||
| Deere & Co. |
2,082 | 103,058 | |||
| Flowserve Corp. |
175 | 15,535 | |||
| Graco, Inc. |
601 | 21,402 | |||
| IDEX Corp. |
598 | 18,550 | |||
| NACCO Industries, Inc. Class A |
47 | 4,442 | |||
| Nordson Corp. |
235 | 11,541 | |||
| Rockwell Automation, Inc. |
1,060 | 39,580 | |||
| Roper Industries, Inc. |
236 | 13,443 | |||
| Sauer-Danfoss, Inc. |
676 | 16,690 | |||
| Total Machinery-Diversified | 308,649 | ||||
| Media – 1.2% | |||||
| Belo Corp. Class A |
1,406 | 8,380 | |||
| CBS Corp. Class A |
1,005 | 14,703 | |||
| CBS Corp. Class B |
9,421 | 137,358 | |||
| Entercom Communications Corp. Class A |
1,451 | 7,284 | |||
| Factset Research Systems, Inc. |
159 | 8,308 | |||
| Gannett Co., Inc. |
3,827 | 64,715 | |||
| Hearst-Argyle Television, Inc. |
205 | 4,578 | |||
| John Wiley & Sons, Inc. Class A |
193 | 7,807 | |||
| Lee Enterprises, Inc. |
1,278 | 4,473 | |||
| McClatchy Co. Class A |
1,594 | 7,014 | |||
| McGraw-Hill Cos., Inc. (The) |
2,256 | 71,312 | |||
| Media General, Inc. Class A |
286 | 3,555 | |||
| Meredith Corp. |
277 | 7,767 | |||
See Notes to Financial Statements.
| 14 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Dividend Fund
September 30, 2008
| Investments | Shares | Value | |||
| New York Times Co. (The) Class A |
3,244 | $ | 46,357 | ||
| News Corp. Class A |
4,871 | 58,403 | |||
| News Corp. Class B |
1,853 | 22,514 | |||
| Sinclair Broadcast Group, Inc. Class A |
1,806 | 9,102 | |||
| Time Warner, Inc. |
21,412 | 280,711 | |||
| Walt Disney Co. (The) |
7,999 | 245,489 | |||
| Washington Post Co. (The) Class B |
36 | 20,043 | |||
| World Wrestling Entertainment, Inc. Class A |
656 | 10,142 | |||
| Total Media | 1,040,015 | ||||
| Metal Fabricate/Hardware – 0.1% | |||||
| Commercial Metals Co. |
725 | 12,245 | |||
| Kaydon Corp. |
79 | 3,560 | |||
| Mueller Industries, Inc. |
225 | 5,177 | |||
| Timken Co. (The) |
893 | 25,316 | |||
| Worthington Industries, Inc. |
1,256 | 18,765 | |||
| Total Metal Fabricate/Hardware | 65,063 | ||||
| Mining – 1.0% | |||||
| Alcoa, Inc. |
6,472 | 146,137 | |||
| AMCOL International Corp. |
233 | 7,284 | |||
| Compass Minerals International, Inc. |
442 | 23,156 | |||
| Freeport-McMoRan Copper & Gold, Inc. Class B |
1,883 | 107,049 | |||
| Newmont Mining Corp. |
1,410 | 54,652 | |||
| Southern Copper Corp. |
26,561 | 506,783 | |||
| Titanium Metals Corp. |
853 | 9,673 | |||
| Vulcan Materials Co. |
817 | 60,867 | |||
| Total Mining | 915,601 | ||||
| Miscellaneous Manufacturing – 5.1% | |||||
| 3M Co. |
6,180 | 422,156 | |||
| A.O. Smith Corp. |
131 | 5,134 | |||
| Acuity Brands, Inc. |
324 | 13,530 | |||
| AptarGroup, Inc. |
407 | 15,918 | |||
| Barnes Group, Inc. |
597 | 12,071 | |||
| Brink’s Co. (The) |
109 | 6,651 | |||
| Carlisle Cos., Inc. |
538 | 16,124 | |||
| CLARCOR, Inc. |
113 | 4,288 | |||
| Crane Co. |
477 | 14,172 | |||
| Danaher Corp. |
136 | 9,438 | |||
| Donaldson Co., Inc. |
385 | 16,135 | |||
| Dover Corp. |
1,429 | 57,946 | |||
| Eastman Kodak Co. |
2,527 | 38,865 | |||
| Eaton Corp. |
1,126 | 63,259 | |||
| Federal Signal Corp. |
316 | 4,329 | |||
| General Electric Co. |
119,247 | 3,040,800 | |||
| Harsco Corp. |
507 | 18,855 | |||
| Honeywell International, Inc. |
4,690 | 194,870 | |||
| Illinois Tool Works, Inc. |
4,434 | 197,091 | |||
| ITT Industries, Inc. |
665 | 36,981 | |||
| Koppers Holdings, Inc. |
82 | 3,068 | |||
| Leggett & Platt, Inc. |
3,397 | 74,021 | |||
| NL Industries, Inc. |
1,075 | 11,040 | |||
| Pall Corp. |
655 | 22,525 | |||
| Parker Hannifin Corp. |
746 | 39,538 | |||
| Investments | Shares | Value | |||
| Pentair, Inc. |
770 | $ | 26,619 | ||
| SPX Corp. |
256 | 19,712 | |||
| Standex International Corp. |
168 | 4,662 | |||
| Teleflex, Inc. |
366 | 23,237 | |||
| Textron, Inc. |
1,312 | 38,415 | |||
| Trinity Industries, Inc. |
489 | 12,582 | |||
| Total Miscellaneous Manufacturing | 4,464,032 | ||||
| Office Furnishings – 0.1% | |||||
| Herman Miller, Inc. |
517 | 12,651 | |||
| HNI Corp. |
493 | 12,493 | |||
| Knoll, Inc. |
550 | 8,316 | |||
| Steelcase, Inc. Class A |
1,744 | 18,748 | |||
| Total Office Furnishings | 52,208 | ||||
| Office/Business Equipment – 0.2% | |||||
| Pitney Bowes, Inc. |
3,108 | 103,372 | |||
| Xerox Corp. |
3,649 | 42,073 | |||
| Total Office/Business Equipment | 145,445 | ||||
| Oil & Gas – 7.3% | |||||
| Anadarko Petroleum Corp. |
1,073 | 52,051 | |||
| Apache Corp. |
735 | 76,646 | |||
| Chesapeake Energy Corp. |
1,368 | 49,056 | |||
| Chevron Corp. |
20,795 | 1,715,172 | |||
| Cimarex Energy Co. |
78 | 3,815 | |||
| ConocoPhillips |
12,069 | 884,054 | |||
| Devon Energy Corp. |
1,080 | 98,496 | |||
| Diamond Offshore Drilling, Inc. |
194 | 19,994 | |||
| EOG Resources, Inc. |
422 | 37,752 | |||
| Equitable Resources, Inc. |
942 | 34,553 | |||
| Exxon Mobil Corp. |
32,069 | 2,490,479 | |||
| Helmerich & Payne, Inc. |
144 | 6,219 | |||
| Hess Corp. |
555 | 45,554 | |||
| Holly Corp. |
372 | 10,758 | |||
| Marathon Oil Corp. |
4,509 | 179,774 | |||
| Murphy Oil Corp. |
667 | 42,781 | |||
| Noble Energy, Inc. |
418 | 23,237 | |||
| Occidental Petroleum Corp. |
4,451 | 313,573 | |||
| Patterson-UTI Energy, Inc. |
1,764 | 35,315 | |||
| Pioneer Natural Resources Co. |
357 | 18,664 | |||
| Questar Corp. |
590 | 24,143 | |||
| Range Resources Corp. |
117 | 5,016 | |||
| Rowan Cos., Inc. |
626 | 19,124 | |||
| Sunoco, Inc. |
774 | 27,539 | |||
| Tesoro Corp. |
571 | 9,416 | |||
| Valero Energy Corp. |
1,527 | 46,268 | |||
| W&T Offshore, Inc. |
93 | 2,538 | |||
| XTO Energy, Inc. |
1,697 | 78,944 | |||
| Total Oil & Gas | 6,350,931 | ||||
| Oil & Gas Services – 0.3% | |||||
| Baker Hughes, Inc. |
857 | 51,883 | |||
| BJ Services Co. |
1,335 | 25,539 | |||
| CARBO Ceramics, Inc. |
112 | 5,780 | |||
| Halliburton Co. |
3,399 | 110,093 | |||
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 15 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Dividend Fund
September 30, 2008
| Investments | Shares | Value | |||
| Lufkin Industries, Inc. |
66 | $ | 5,237 | ||
| RPC, Inc. |
645 | 9,069 | |||
| Smith International, Inc. |
404 | 23,691 | |||
| Total Oil & Gas Services | 231,292 | ||||
| Packaging & Containers – 0.2% | |||||
| Ball Corp. |
377 | 14,888 | |||
| Bemis Co. |
1,288 | 33,758 | |||
| Greif, Inc. Class A |
206 | 13,518 | |||
| Packaging Corp. of America |
1,805 | 41,841 | |||
| Rock-Tenn Co. Class A |
190 | 7,596 | |||
| Sealed Air Corp. |
1,208 | 26,564 | |||
| Silgan Holdings, Inc. |
237 | 12,108 | |||
| Sonoco Products Co. |
1,249 | 37,070 | |||
| Temple-Inland, Inc. |
1,551 | 23,668 | |||
| Total Packaging & Containers | 211,011 | ||||
| Pharmaceuticals – 6.7% | |||||
| Abbott Laboratories |
13,383 | 770,593 | |||
| Allergan, Inc. |
401 | 20,652 | |||
| AmerisourceBergen Corp. |
543 | 20,444 | |||
| Bristol-Myers Squibb Co. |
30,712 | 640,345 | |||
| Cardinal Health, Inc. |
1,140 | 56,179 | |||
| Eli Lilly & Co. |
13,984 | 615,716 | |||
| Merck & Co., Inc. |
21,469 | 677,562 | |||
| Omnicare, Inc. |
148 | 4,258 | |||
| Perrigo Co. |
257 | 9,884 | |||
| Pfizer, Inc. |
131,325 | 2,421,632 | |||
| Schering-Plough Corp. |
6,244 | 115,327 | |||
| Wyeth |
12,553 | 463,708 | |||
| Total Pharmaceuticals | 5,816,300 | ||||
| Pipelines – 0.4% | |||||
| Crosstex Energy, Inc. |
568 | 14,183 | |||
| El Paso Corp. |
2,698 | 34,426 | |||
| ONEOK, Inc. |
1,310 | 45,064 | |||
| Spectra Energy Corp. |
8,450 | 201,111 | |||
| Williams Cos., Inc. (The) |
2,471 | 58,439 | |||
| Total Pipelines | 353,223 | ||||
| Real Estate – 0.0% | |||||
| Forest City Enterprises, Inc. Class A |
173 | 5,306 | |||
| Jones Lang LaSalle, Inc. |
213 | 9,261 | |||
| Total Real Estate | 14,567 | ||||
| REITS – 5.8% | |||||
| Acadia Realty Trust |
439 | 11,098 | |||
| Agree Realty Corp. |
123 | 3,518 | |||
| Alexandria Real Estate Equities, Inc. |
377 | 42,413 | |||
| AMB Property Corp. |
1,379 | 62,469 | |||
| American Campus Communities, Inc. |
629 | 21,311 | |||
| Apartment Investment & Management Co. Class A |
2,484 | 86,990 | |||
| Ashford Hospitality Trust, Inc. |
5,517 | 22,344 | |||
| Associated Estates Realty Corp. |
289 | 3,766 | |||
| AvalonBay Communities, Inc. |
1,088 | 107,081 | |||
| BioMed Realty Trust, Inc. |
1,470 | 38,882 | |||
| Investments | Shares | Value | |||
| Boston Properties, Inc. |
1,287 | $ | 120,540 | ||
| Brandywine Realty Trust |
3,398 | 54,470 | |||
| BRE Properties, Inc. |
991 | 48,559 | |||
| Camden Property Trust |
1,241 | 56,912 | |||
| CapLease, Inc. |
1,858 | 14,734 | |||
| CBL & Associates Properties, Inc. |
2,132 | 42,811 | |||
| Cedar Shopping Centers, Inc. |
1,613 | 21,324 | |||
| Cogdell Spencer, Inc. |
290 | 4,652 | |||
| Colonial Properties Trust |
1,876 | 35,062 | |||
| Corporate Office Properties Trust |
760 | 30,666 | |||
| Cousins Properties, Inc. |
1,383 | 34,893 | |||
| DCT Industrial Trust, Inc. |
4,924 | 36,881 | |||
| Developers Diversified Realty Corp. |
3,172 | 100,521 | |||
| DiamondRock Hospitality Co. |
2,135 | 19,429 | |||
| Digital Realty Trust, Inc. |
871 | 41,155 | |||
| Douglas Emmett, Inc. |
1,177 | 27,153 | |||
| Duke Realty Corp. |
4,084 | 100,385 | |||
| EastGroup Properties, Inc. |
412 | 19,998 | |||
| Education Realty Trust, Inc. |
639 | 7,080 | |||
| Entertainment Properties Trust |
683 | 37,374 | |||
| Equity One, Inc. |
1,539 | 31,534 | |||
| Equity Residential |
5,273 | 234,173 | |||
| Essex Property Trust, Inc. |
345 | 40,824 | |||
| Extra Space Storage, Inc. |
1,975 | 30,336 | |||
| Federal Realty Investment Trust |
608 | 52,045 | |||
| FelCor Lodging Trust, Inc. |
1,803 | 12,909 | |||
| First Industrial Realty Trust, Inc. |
1,356 | 38,890 | |||
| First Potomac Realty Trust |
846 | 14,543 | |||
| Franklin Street Properties Corp. |
2,146 | 27,898 | |||
| General Growth Properties, Inc. |
4,470 | 67,497 | |||
| Getty Realty Corp. |
703 | 15,586 | |||
| Glimcher Realty Trust |
2,077 | 21,684 | |||
| HCP, Inc. |
4,852 | 194,710 | |||
| Health Care REIT, Inc. |
1,896 | 100,924 | |||
| Healthcare Realty Trust, Inc. |
1,301 | 37,924 | |||
| Hersha Hospitality Trust |
1,409 | 10,483 | |||
| Highwoods Properties, Inc. |
1,285 | 45,695 | |||
| Home Properties, Inc. |
808 | 46,824 | |||
| Hospitality Properties Trust |
3,487 | 71,553 | |||
| Host Hotels & Resorts, Inc. |
9,061 | 120,421 | |||
| HRPT Properties Trust |
9,693 | 66,785 | |||
| Inland Real Estate Corp. |
1,803 | 28,289 | |||
| Investors Real Estate Trust |
1,698 | 19,001 | |||
| Kilroy Realty Corp. |
532 | 25,424 | |||
| Kimco Realty Corp. |
4,257 | 157,254 | |||
| Kite Realty Group Trust |
807 | 8,877 | |||
| LaSalle Hotel Properties |
893 | 20,825 | |||
| Lexington Realty Trust |
2,126 | 36,610 | |||
| Liberty Property Trust |
3,012 | 113,402 | |||
| LTC Properties, Inc. |
680 | 19,938 | |||
| Macerich Co. (The) |
1,249 | 79,499 | |||
| Mack-Cali Realty Corp. |
2,086 | 70,653 | |||
| Medical Properties Trust, Inc. |
2,287 | 25,957 | |||
| Mid-America Apartment Communities, Inc. |
539 | 26,486 | |||
See Notes to Financial Statements.
| 16 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Dividend Fund
September 30, 2008
| Investments | Shares | Value | |||
| Mission West Properties, Inc. |
526 | $ | 5,123 | ||
| National Health Investors, Inc. |
854 | 29,190 | |||
| National Retail Properties, Inc. |
1,682 | 40,284 | |||
| Nationwide Health Properties, Inc. |
1,918 | 69,010 | |||
| Omega Healthcare Investors, Inc. |
2,071 | 40,716 | |||
| One Liberty Properties, Inc. |
294 | 5,195 | |||
| Parkway Properties, Inc. |
493 | 18,665 | |||
| Pennsylvania Real Estate Investment Trust |
1,213 | 22,865 | |||
| Post Properties, Inc. |
893 | 24,977 | |||
| ProLogis |
2,926 | 120,756 | |||
| PS Business Parks, Inc. |
318 | 18,317 | |||
| Public Storage, Inc. |
1,728 | 171,088 | |||
| Public Storage, Inc. Class A |
411 | 10,702 | |||
| Ramco-Gershenson Properties Trust |
829 | 18,586 | |||
| Realty Income Corp. |
2,232 | 57,139 | |||
| Regency Centers Corp. |
1,092 | 72,825 | |||
| Saul Centers, Inc. |
286 | 14,454 | |||
| Senior Housing Properties Trust |
2,196 | 52,331 | |||
| Simon Property Group, Inc. |
3,225 | 312,824 | |||
| SL Green Realty Corp. |
756 | 48,989 | |||
| Sovran Self Storage, Inc. |
528 | 23,596 | |||
| Strategic Hotels & Resorts, Inc. |
1,609 | 12,148 | |||
| Sun Communities, Inc. |
882 | 17,472 | |||
| Sunstone Hotel Investors, Inc. |
1,792 | 24,192 | |||
| Tanger Factory Outlet Centers, Inc. |
446 | 19,530 | |||
| Taubman Centers, Inc. |
544 | 27,200 | |||
| UDR, Inc. |
3,345 | 87,472 | |||
| Universal Health Realty Income Trust |
419 | 16,299 | |||
| Urstadt Biddle Properties, Inc. Class A |
396 | 7,425 | |||
| U-Store-It Trust |
2,909 | 35,693 | |||
| Ventas, Inc. |
2,290 | 113,172 | |||
| Vornado Realty Trust |
2,468 | 224,464 | |||
| Washington Real Estate Investment Trust |
1,005 | 36,813 | |||
| Weingarten Realty Investors |
1,930 | 68,843 | |||
| Winthrop Realty Trust |
1,462 | 5,702 | |||
| Total REITS | 5,043,981 | ||||
| Retail – 5.5% | |||||
| Abercrombie & Fitch Co. Class A |
344 | 13,571 | |||
| Advance Auto Parts, Inc. |
382 | 15,150 | |||
| American Eagle Outfitters, Inc. |
1,710 | 26,078 | |||
| Asbury Automotive Group, Inc. |
1,034 | 11,912 | |||
| Barnes & Noble, Inc. |
529 | 13,796 | |||
| Bebe Stores, Inc. |
485 | 4,738 | |||
| Best Buy Co., Inc. |
1,688 | 63,300 | |||
| Bob Evans Farms, Inc. |
281 | 7,668 | |||
| Brinker International, Inc. |
1,118 | 20,001 | |||
| Buckle, Inc. (The) |
424 | 23,549 | |||
| Burger King Holdings, Inc. |
684 | 16,799 | |||
| Cato Corp. (The) Class A |
531 | 9,319 | |||
| CBRL Group, Inc. |
229 | 6,023 | |||
| Costco Wholesale Corp. |
1,440 | 93,499 | |||
| CVS Corp. |
3,480 | 117,137 | |||
| Darden Restaurants, Inc. |
1,337 | 38,278 | |||
| DineEquity Inc. |
152 | 2,563 | |||
| Investments | Shares | Value | |||
| Family Dollar Stores, Inc. |
1,345 | $ | 31,877 | ||
| Foot Locker, Inc. |
2,645 | 42,743 | |||
| Gap, Inc. (The) |
4,800 | 85,344 | |||
| Group 1 Automotive, Inc. |
150 | 3,260 | |||
| Guess ?, Inc. |
390 | 13,568 | |||
| Home Depot, Inc. |
22,014 | 569,942 | |||
| J.C. Penney Co., Inc. |
1,652 | 55,078 | |||
| Liz Claiborne, Inc. |
298 | 4,896 | |||
| Longs Drug Stores Corp. |
164 | 12,405 | |||
| Lowe’s Cos., Inc. |
7,978 | 188,999 | |||
| Ltd. Brands, Inc. |
4,501 | 77,957 | |||
| Macy’s, Inc. |
3,129 | 56,259 | |||
| McDonald’s Corp. |
11,611 | 716,399 | |||
| MSC Industrial Direct Co. Class A |
386 | 17,783 | |||
| Nordstrom, Inc. |
1,442 | 41,558 | |||
| Nu Skin Enterprises, Inc. Class A |
881 | 14,290 | |||
| OfficeMax, Inc. |
973 | 8,650 | |||
| Penske Auto Group, Inc. |
930 | 10,667 | |||
| PetSmart, Inc. |
164 | 4,052 | |||
| RadioShack Corp. |
857 | 14,809 | |||
| Ross Stores, Inc. |
783 | 28,822 | |||
| Ruby Tuesday, Inc. |
1,362 | 7,886 | |||
| Sonic Automotive, Inc. Class A |
325 | 2,750 | |||
| Staples, Inc. |
3,295 | 74,138 | |||
| Talbots, Inc. |
1,093 | 14,318 | |||
| Target Corp. |
3,520 | 172,656 | |||
| Tiffany & Co. |
742 | 26,356 | |||
| TJX Cos., Inc. |
2,072 | 63,237 | |||
| Walgreen Co. |
3,996 | 123,716 | |||
| Wal-Mart Stores, Inc. |
28,149 | 1,685,844 | |||
| Wendy’s/Arby’s Group, Inc. Class A |
5,174 | 27,213 | |||
| Williams-Sonoma, Inc. |
793 | 12,831 | |||
| Yum! Brands, Inc. |
3,141 | 102,428 | |||
| Total Retail | 4,796,112 | ||||
| Savings & Loans – 0.6% | |||||
| Astoria Financial Corp. |
1,784 | 36,982 | |||
| Brookline Bancorp, Inc. |
932 | 11,920 | |||
| Capitol Federal Financial |
1,839 | 81,523 | |||
| Dime Community Bancshares |
478 | 7,275 | |||
| First Niagara Financial Group, Inc. |
2,334 | 36,761 | |||
| First Place Financial Corp. |
379 | 4,870 | |||
| Hudson City Bancorp, Inc. |
4,756 | 87,748 | |||
| New York Community Bancorp, Inc. |
7,379 | 123,894 | |||
| NewAlliance Bancshares, Inc. |
1,357 | 20,396 | |||
| Northwest Bancorp, Inc. |
802 | 22,087 | |||
| People’s United Financial, Inc. |
3,911 | 75,287 | |||
| Provident Financial Services, Inc. |
1,026 | 16,939 | |||
| United Community Financial Corp. |
972 | 4,860 | |||
| Washington Federal, Inc. |
1,496 | 27,601 | |||
| Total Savings & Loans | 558,143 | ||||
| Semiconductors – 1.7% | |||||
| Altera Corp. |
1,389 | 28,725 | |||
| Analog Devices, Inc. |
2,870 | 75,625 | |||
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 17 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree Total Dividend Fund
September 30, 2008
| Investments | Shares | Value | |||
| Applied Materials, Inc. |
7,136 | $ | 107,968 | ||
| Intel Corp. |
43,512 | 814,979 | |||
| Intersil Corp. Class A |
1,064 | 17,641 | |||
| KLA -Tencor Corp. |
908 | 28,738 | |||
| Linear Technology Corp. |
2,141 | 65,643 | |||
| Microchip Technology, Inc. |
3,316 | 97,590 | |||
| National Semiconductor Corp. |
1,255 | 21,599 | |||
| Texas Instruments, Inc. |
6,384 | 137,255 | |||
| Xilinx, Inc. |
2,737 | 64,183 | |||
| Total Semiconductors | 1,459,946 | ||||
| Software – 1.5% | |||||
| Acxiom Corp. |
794 | 9,957 | |||
| Blackbaud, Inc. |
124 | 2,288 | |||
| Broadridge Financial Solutions, Inc. |
844 | 12,989 | |||
| CA, Inc. |
1,365 | 27,245 | |||
| Computer Programs & Systems, Inc. |
296 | 8,569 | |||
| Dun & Bradstreet Corp. |
311 | 29,346 | |||
| Fidelity National Information Services, Inc. |
515 | 9,507 | |||
| IMS Health, Inc. |
724 | 13,691 | |||
| infoGROUP, Inc. |
560 | 3,702 | |||
| Microsoft Corp. |
45,297 | 1,208,976 | |||
| Quality Systems, Inc. |
458 | 19,355 | |||
| SEI Investments Co. |
424 | 9,413 | |||
| Total Software | 1,355,038 | ||||
| Telecommunications – 5.5% | |||||
| Adtran, Inc. |
708 | 13,799 | |||
| Alaska Communications Systems Group, Inc. |
1,347 | 16,474 | |||
| AT&T, Inc. |
82,833 | 2,312,696 | |||
| CenturyTel, Inc. |
377 | 13,817 | |||
| Consolidated Communications Holdings, Inc. |
1,058 | 15,955 | |||
| Corning, Inc. |
5,226 | 81,735 | |||
| Embarq Corp. |
3,031 | 122,907 | |||
| FairPoint Communications, Inc. |
2,361 | 20,470 | |||
| Frontier Communications Corp. |
10,182 | 117,093 | |||
| Harris Corp. |
579 | 26,750 | |||
| Iowa Telecommunications Services, Inc. |
1,509 | 28,188 | |||
| Motorola, Inc. |
11,036 | 78,797 | |||
| NTELOS Holdings Corp. |
633 | 17,021 | |||
| QUALCOMM, Inc. |
9,228 | 396,527 | |||
| Telephone & Data Systems, Inc. |
87 | 3,110 | |||
| Telephone & Data Systems, Inc. Special Shares |
233 | 8,365 | |||
| Verizon Communications, Inc. |
43,830 | 1,406,505 | |||
| Virgin Media, Inc. |
1,353 | 10,689 | |||
| Windstream Corp. |
14,263 | 156,037 | |||
| Total Telecommunications | 4,846,935 | ||||
| Textiles – 0.0% | |||||
| Cintas Corp. |
961 | 27,590 | |||
| Toys/Games/Hobbies – 0.2% | |||||
| Hasbro, Inc. |
1,463 | 50,795 | |||
| Mattel, Inc. |
5,432 | 97,994 | |||
| Total Toys/Games/Hobbies | 148,789 | ||||
| Investments | Shares | Value | |||
| Transportation – 1.6% | |||||
| Alexander & Baldwin, Inc. |
431 | $ | 18,977 | ||
| Arkansas Best Corp. |
238 | 8,018 | |||
| Burlington Northern Santa Fe Corp. |
2,114 | 195,397 | |||
| C.H. Robinson Worldwide, Inc. |
1,216 | 61,967 | |||
| Con-way, Inc. |
156 | 6,881 | |||
| CSX Corp. |
2,304 | 125,729 | |||
| Expeditors International Washington, Inc. |
648 | 22,576 | |||
| FedEx Corp. |
505 | 39,915 | |||
| Horizon Lines, Inc. Class A |
241 | 2,379 | |||
| JB Hunt Transport Services, Inc. |
803 | 26,796 | |||
| Norfolk Southern Corp. |
3,200 | 211,872 | |||
| Overseas Shipholding Group, Inc. |
292 | 17,027 | |||
| Pacer International, Inc. |
600 | 9,882 | |||
| Ryder System, Inc. |
518 | 32,116 | |||
| Tidewater, Inc. |
327 | 18,103 | |||
| Union Pacific Corp. |
2,846 | 202,521 | |||
| United Parcel Service, Inc. Class B |
6,168 | 387,906 | |||
| Werner Enterprises, Inc. |
312 | 6,774 | |||
| Total Transportation | 1,394,836 | ||||
| Trucking & Leasing – 0.1% | |||||
| GATX Corp. |
667 | 26,393 | |||
| TAL International Group, Inc. |
1,013 | 21,091 | |||
| Total Trucking & Leasing | 47,484 | ||||
| Water – 0.0% | |||||
| Aqua America, Inc. |
1,330 | 23,647 | |||
| California Water Service Group |
385 | 14,823 | |||
| Total Water | 38,470 | ||||
| TOTAL COMMON STOCKS (Cost: $104,831,102) |
86,865,127 | ||||
| SHORT-TERM INVESTMENT – 0.2% | |||||
| MONEY MARKET FUND – 0.2% | |||||
| Columbia Cash Reserves Fund, 2.08%(a) |
|||||
| (Cost: $207,446) | 207,446 | 207,446 | |||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.0% | |||||
| MONEY MARKET FUND(b) – 0.0% | |||||
| UBS Private Money Market Fund LLC, 3.01% |
|||||
| (Cost: $5)(c) | 5 | 5 | |||
| TOTAL INVESTMENTS IN SECURITIES – 99.6% | |||||
| (Cost: $105,038,553)(d) |
87,072,578 | ||||
| Cash and Other Assets in Excess of Liabilities – 0.4% |
353,740 | ||||
| NET ASSETS – 100.0% | $ | 87,426,318 | |||
| (a) |
Rate shown represents annualized 7-day yield as of September 30, 2008. |
| (b) |
Interest rate shown reflects yield as of September 30, 2008. |
| (c) |
At September 30, 2008, the total market value of the Fund’s securities on loan was $0 and the total market value of the collateral held by the Fund was $5. |
| (d) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 18 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree High-Yielding Equity Fund
September 30, 2008
| Investments | Shares | Value | |||
| COMMON STOCKS – 99.1% | |||||
| Agriculture – 3.0% | |||||
| Altria Group, Inc. |
105,902 | $ | 2,101,096 | ||
| Reynolds American, Inc. |
19,298 | 938,269 | |||
| Universal Corp. |
1,324 | 64,995 | |||
| UST, Inc. |
8,737 | 581,360 | |||
| Vector Group Ltd. |
5,723 | 101,068 | |||
| Total Agriculture | 3,786,788 | ||||
| Apparel – 0.0% | |||||
| Cherokee, Inc. |
958 | 21,057 | |||
| Auto Parts & Equipment – 0.1% | |||||
| ArvinMeritor, Inc. |
3,366 | 43,892 | |||
| Modine Manufacturing Co. |
1,774 | 25,688 | |||
| Superior Industries International, Inc. |
1,123 | 21,517 | |||
| Total Auto Parts & Equipment | 91,097 | ||||
| Banks – 26.6% | |||||
| AMCORE Financial, Inc. |
903 | 8,353 | |||
| Ameris Bancorp |
527 | 7,826 | |||
| Arrow Financial Corp. |
634 | 18,646 | |||
| Associated Banc-Corp |
7,565 | 150,922 | |||
| BancorpSouth, Inc. |
3,833 | 107,822 | |||
| BancTrust Financial Group, Inc. |
950 | 12,464 | |||
| Bank Mutual Corp. |
2,046 | 23,222 | |||
| Bank of America Corp. |
359,961 | 12,598,634 | |||
| Bank of Hawaii Corp. |
2,287 | 122,240 | |||
| BB&T Corp. |
40,893 | 1,545,755 | |||
| Capitol Bancorp Ltd. |
1,132 | 22,063 | |||
| Central Pacific Financial Corp. |
1,966 | 33,048 | |||
| Chemical Financial Corp. |
1,428 | 44,468 | |||
| City Holding Co. |
725 | 30,631 | |||
| Colonial BancGroup, Inc. (The) |
10,756 | 84,542 | |||
| Comerica, Inc. |
11,881 | 389,578 | |||
| Community Bank System, Inc. |
1,560 | 39,234 | |||
| Community Trust Bancorp, Inc. |
792 | 27,245 | |||
| Fifth Third Bancorp |
45,051 | 536,107 | |||
| First Bancorp |
740 | 12,654 | |||
| First Busey Corp. |
1,604 | 29,401 | |||
| First Commonwealth Financial Corp. |
5,893 | 79,379 | |||
| First Community Bancshares, Inc. |
488 | 18,310 | |||
| First Financial Bancorp |
2,915 | 42,559 | |||
| First Financial Bankshares, Inc. |
857 | 44,461 | |||
| First Merchants Corp. |
981 | 22,367 | |||
| First Midwest Bancorp, Inc. |
2,540 | 61,570 | |||
| First South Bancorp, Inc. |
392 | 6,770 | |||
| FirstMerit Corp. |
6,005 | 126,105 | |||
| FNB Corp. |
6,675 | 106,667 | |||
| Frontier Financial Corp. |
2,043 | 27,437 | |||
| Fulton Financial Corp. |
12,403 | 135,317 | |||
| Harleysville National Corp. |
2,118 | 35,964 | |||
| Huntington Bancshares, Inc. |
35,897 | 286,817 | |||
| Independent Bank Corp. |
2,697 | 16,694 | |||
| Integra Bank Corp. |
1,322 | 10,550 | |||
| KeyCorp |
32,597 | 389,208 | |||
| Investments | Shares | Value | |||
| Lakeland Bancorp, Inc. |
967 | $ | 11,304 | ||
| MainSource Financial Group, Inc. |
789 | 15,464 | |||
| Marshall & Ilsley Corp. |
15,623 | 314,803 | |||
| National City Corp. |
81,810 | 143,168 | |||
| National Penn Bancshares, Inc. |
2,716 | 39,654 | |||
| NBT Bancorp, Inc. |
1,300 | 38,896 | |||
| Old National Bancorp |
4,965 | 99,399 | |||
| Pacific Capital Bancorp |
2,718 | 55,311 | |||
| Park National Corp. |
1,037 | 80,886 | |||
| Peoples Bancorp, Inc. |
447 | 9,731 | |||
| PNC Financial Services Group, Inc. (The) |
16,928 | 1,264,522 | |||
| Provident Bankshares Corp. |
2,316 | 22,488 | |||
| Regions Financial Corp. |
57,308 | 550,157 | |||
| Renasant Corp. |
800 | 17,368 | |||
| S&T Bancorp, Inc. |
1,306 | 48,100 | |||
| Seacoast Banking Corp. of Florida |
1,364 | 14,636 | |||
| South Financial Group, Inc. (The) |
4,124 | 30,229 | |||
| State Bancorp, Inc. |
849 | 12,650 | |||
| Sterling Bancorp |
1,243 | 17,974 | |||
| SunTrust Banks, Inc. |
20,595 | 926,569 | |||
| Susquehanna Bancshares, Inc. |
3,860 | 75,347 | |||
| Synovus Financial Corp. |
14,753 | 152,694 | |||
| TCF Financial Corp. |
8,864 | 159,552 | |||
| TrustCo Bank Corp. |
5,935 | 69,499 | |||
| Trustmark Corp. |
2,752 | 57,076 | |||
| U.S. Bancorp |
112,332 | 4,046,198 | |||
| Umpqua Holdings Corp. |
3,956 | 58,193 | |||
| Union Bankshares Corp. |
570 | 13,680 | |||
| United Bankshares, Inc. |
2,129 | 74,515 | |||
| Univest Corp. of Pennsylvania |
613 | 22,681 | |||
| Valley National Bancorp |
7,519 | 157,598 | |||
| Wachovia Corp. |
166,814 | 583,849 | |||
| Washington Trust Bancorp, Inc. |
548 | 14,577 | |||
| Webster Financial Corp. |
2,632 | 66,458 | |||
| Wells Fargo & Co. |
174,519 | 6,549,697 | |||
| WesBanco, Inc. |
1,356 | 36,097 | |||
| Whitney Holding Corp. |
3,972 | 96,321 | |||
| Wilmington Trust Corp. |
3,526 | 101,655 | |||
| Zions Bancorp |
4,964 | 192,107 | |||
| Total Banks | 33,496,133 | ||||
| Building Materials – 0.3% | |||||
| Masco Corp. |
20,757 | 372,381 | |||
| Chemicals – 2.9% | |||||
| Dow Chemical Co. (The) |
49,714 | 1,579,911 | |||
| E.I. du Pont de Nemours & Co. |
44,513 | 1,793,874 | |||
| Innophos Holdings, Inc. |
1,247 | 30,402 | |||
| Kronos Worldwide, Inc. |
3,821 | 50,628 | |||
| Olin Corp. |
3,915 | 75,951 | |||
| Quaker Chemical Corp. |
574 | 16,336 | |||
| RPM International, Inc. |
5,948 | 115,034 | |||
| Spartech Corp. |
1,616 | 15,998 | |||
| Total Chemicals | 3,678,134 | ||||
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 19 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree High-Yielding Equity Fund
September 30, 2008
| Investments | Shares | Value | |||
| Coal – 0.0% | |||||
| Penn Virginia GP Holdings LP |
1,928 | $ | 40,276 | ||
| Commercial Services – 0.1% | |||||
| Advance America, Cash Advance Centers, Inc. |
5,232 | 15,644 | |||
| Deluxe Corp. |
2,133 | 30,694 | |||
| Diamond Management & Technology Consultants, Inc. |
1,802 | 8,451 | |||
| Landauer, Inc. |
465 | 33,829 | |||
| Total Commercial Services | 88,618 | ||||
| Computers – 0.0% | |||||
| Imation Corp. |
1,469 | 33,229 | |||
| Distribution/Wholesale – 0.1% | |||||
| Watsco, Inc. |
1,285 | 64,610 | |||
| Diversified Financial Services – 13.2% | |||||
| Advanta Corp. Class B |
3,783 | 31,134 | |||
| CIT Group, Inc. |
10,343 | 71,987 | |||
| Citigroup, Inc. |
457,626 | 9,385,908 | |||
| JPMorgan Chase & Co. |
149,155 | 6,965,539 | |||
| Student Loan Corp. (The) |
1,247 | 115,971 | |||
| Total Diversified Financial Services | 16,570,539 | ||||
| Electric – 7.9% | |||||
| ALLETE, Inc. |
1,688 | 75,116 | |||
| Ameren Corp. |
12,400 | 483,972 | |||
| American Electric Power Co., Inc. |
18,075 | 670,221 | |||
| Black Hills Corp. |
1,531 | 47,568 | |||
| Central Vermont Public Service Corp. |
369 | 8,649 | |||
| CH Energy Group, Inc. |
1,080 | 47,056 | |||
| Cleco Corp. |
2,506 | 63,277 | |||
| Consolidated Edison, Inc. |
16,719 | 718,248 | |||
| Dominion Resources, Inc. |
24,569 | 1,051,062 | |||
| DPL, Inc. |
5,176 | 128,365 | |||
| DTE Energy Co. |
9,716 | 388,154 | |||
| Duke Energy Corp. |
70,485 | 1,228,554 | |||
| Empire District Electric Co. (The) |
2,155 | 46,009 | |||
| Great Plains Energy, Inc. |
6,262 | 138,703 | |||
| Hawaiian Electric Industries, Inc. |
5,756 | 166,982 | |||
| IDACORP, Inc. |
1,947 | 56,638 | |||
| Integrys Energy Group, Inc. |
5,140 | 256,692 | |||
| MGE Energy, Inc. |
1,081 | 38,430 | |||
| NorthWestern Corp. |
2,071 | 52,044 | |||
| NSTAR |
5,410 | 181,235 | |||
| OGE Energy Corp. |
4,519 | 139,547 | |||
| Otter Tail Corp. |
1,388 | 42,653 | |||
| Pinnacle West Capital Corp. |
6,476 | 222,839 | |||
| PNM Resources, Inc. |
3,977 | 40,724 | |||
| Portland General Electric Co. |
2,897 | 68,543 | |||
| Progress Energy, Inc. |
16,530 | 712,939 | |||
| Puget Energy, Inc. |
5,398 | 144,127 | |||
| SCANA Corp. |
6,220 | 242,145 | |||
| Southern Co. |
40,764 | 1,536,394 | |||
| TECO Energy, Inc. |
12,454 | 195,901 | |||
| UIL Holdings Corp. |
1,541 | 52,903 | |||
| Investments | Shares | Value | |||
| Westar Energy, Inc. |
5,302 | $ | 122,158 | ||
| Xcel Energy, Inc. |
21,741 | 434,603 | |||
| Total Electric | 9,802,451 | ||||
| Entertainment – 0.1% | |||||
| Regal Entertainment Group Class A |
11,002 | 173,612 | |||
| Food – 0.5% | |||||
| B&G Foods, Inc. Class A |
3,557 | 25,433 | |||
| H.J. Heinz Co. |
13,191 | 658,362 | |||
| Total Food | 683,795 | ||||
| Forest Products & Paper – 1.0% | |||||
| Plum Creek Timber Co., Inc. |
8,174 | 407,556 | |||
| Potlatch Corp. |
2,224 | 103,171 | |||
| Rayonier, Inc. |
4,389 | 207,819 | |||
| Wausau Paper Corp. |
2,246 | 22,752 | |||
| Weyerhaeuser Co. |
9,132 | 553,217 | |||
| Total Forest Products & Paper | 1,294,515 | ||||
| Gas – 1.0% | |||||
| AGL Resources, Inc. |
4,568 | 143,344 | |||
| Atmos Energy Corp. |
5,516 | 146,836 | |||
| CenterPoint Energy, Inc. |
15,772 | 229,798 | |||
| Chesapeake Utilities Corp. |
345 | 11,457 | |||
| Laclede Group, Inc. (The) |
1,166 | 56,539 | |||
| New Jersey Resources Corp. |
1,798 | 64,530 | |||
| Nicor, Inc. |
2,572 | 114,068 | |||
| NiSource, Inc. |
17,755 | 262,065 | |||
| Piedmont Natural Gas Co., Inc. |
3,602 | 115,120 | |||
| Vectren Corp. |
4,381 | 122,011 | |||
| Total Gas | 1,265,768 | ||||
| Healthcare-Services – 0.2% | |||||
| Brookdale Senior Living, Inc. |
8,742 | 192,237 | |||
| Holding Companies-Diversified – 0.0% | |||||
| Compass Diversified Holdings |
3,588 | 50,017 | |||
| Home Builders – 0.3% | |||||
| D.R. Horton, Inc. |
18,457 | 240,310 | |||
| KB Home |
5,216 | 102,651 | |||
| Lennar Corp. Class B |
1,701 | 20,718 | |||
| Total Home Builders | 363,679 | ||||
| Home Furnishings – 0.1% | |||||
| Furniture Brands International, Inc. |
4,003 | 42,111 | |||
| Kimball International, Inc. Class B |
1,357 | 14,656 | |||
| La-Z-Boy, Inc. |
4,313 | 40,197 | |||
| Total Home Furnishings | 96,964 | ||||
| Household Products/Wares – 0.2% | |||||
| Avery Dennison Corp. |
4,416 | 196,423 | |||
| Ennis, Inc. |
1,199 | 18,537 | |||
| Standard Register Co. (The) |
2,327 | 22,921 | |||
| Total Household Products/Wares | 237,881 | ||||
| Housewares – 0.2% | |||||
| Newell Rubbermaid, Inc. |
11,780 | 203,323 | |||
See Notes to Financial Statements.
| 20 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree High-Yielding Equity Fund
September 30, 2008
| Investments | Shares | Value | |||
| Insurance – 1.0% | |||||
| Arthur J. Gallagher & Co. |
6,012 | $ | 154,268 | ||
| Baldwin & Lyons, Inc. Class B |
628 | 15,053 | |||
| Cincinnati Financial Corp. |
7,753 | 220,495 | |||
| Fidelity National Title Group, Inc. Class A |
22,400 | 329,280 | |||
| LandAmerica Financial Group, Inc. |
762 | 18,479 | |||
| Mercury General Corp. |
2,905 | 159,049 | |||
| Old Republic International Corp. |
12,906 | 164,552 | |||
| Safety Insurance Group, Inc. |
879 | 33,340 | |||
| Unitrin, Inc. |
3,415 | 85,170 | |||
| Universal Insurance Holdings, Inc. |
2,262 | 7,872 | |||
| Zenith National Insurance Corp. |
2,310 | 84,638 | |||
| Total Insurance | 1,272,196 | ||||
| Internet – 0.0% | |||||
| United Online, Inc. |
5,810 | 54,672 | |||
| Investment Companies – 1.2% | |||||
| American Capital Ltd. |
28,810 | 734,942 | |||
| Apollo Investment Corp. |
19,216 | 327,633 | |||
| Ares Capital Corp. |
10,773 | 112,362 | |||
| BlackRock Kelso Capital Corp. |
7,699 | 88,769 | |||
| Gladstone Capital Corp. |
1,865 | 28,423 | |||
| Hercules Technology Growth Capital, Inc. |
4,204 | 40,779 | |||
| NGP Capital Resources Co. |
2,075 | 30,233 | |||
| Patriot Capital Funding, Inc. |
3,307 | 21,066 | |||
| PennantPark Investment Corp. |
2,322 | 17,206 | |||
| Prospect Capital Corp. |
3,276 | 41,966 | |||
| TICC Capital Corp. |
4,318 | 22,195 | |||
| Total Investment Companies | 1,465,574 | ||||
| Iron/Steel – 0.0% | |||||
| Mesabi Trust |
1,549 | 29,973 | |||
| Leisure Time – 0.0% | |||||
| Marine Products Corp. |
1,539 | 12,774 | |||
| Machinery-Diversified – 0.0% | |||||
| Briggs & Stratton Corp. |
2,506 | 40,547 | |||
| Media – 0.8% | |||||
| CBS Corp. Class B |
31,145 | 454,094 | |||
| Entercom Communications Corp. Class A |
4,143 | 20,798 | |||
| Gannett Co., Inc. |
12,765 | 215,856 | |||
| Journal Communications, Inc. Class A |
1,938 | 9,457 | |||
| Lee Enterprises, Inc. |
2,719 | 9,517 | |||
| McClatchy Co. Class A |
4,181 | 18,396 | |||
| Media General, Inc. Class A |
1,178 | 14,643 | |||
| New York Times Co. (The) Class A |
10,184 | 145,529 | |||
| Sinclair Broadcast Group, Inc. Class A |
4,598 | 23,174 | |||
| World Wrestling Entertainment, Inc. Class A |
2,007 | 31,028 | |||
| Total Media | 942,492 | ||||
| Metal Fabricate/Hardware – 0.0% | |||||
| Worthington Industries, Inc. |
3,711 | 55,442 | |||
| Mining – 1.4% | |||||
| Compass Minerals International, Inc. |
1,296 | 67,897 | |||
| Southern Copper Corp. |
88,829 | 1,694,858 | |||
| Total Mining | 1,762,755 | ||||
| Investments | Shares | Value | |||
| Miscellaneous Manufacturing – 0.3% | |||||
| Leggett & Platt, Inc. |
11,613 | $ | 253,047 | ||
| NL Industries, Inc. |
3,232 | 33,193 | |||
| Standex International Corp. |
857 | 23,782 | |||
| Total Miscellaneous Manufacturing | 310,022 | ||||
| Office Furnishings – 0.0% | |||||
| Steelcase, Inc. Class A |
4,311 | 46,343 | |||
| Office/Business Equipment – 0.3% | |||||
| Pitney Bowes, Inc. |
10,317 | 343,143 | |||
| Packaging & Containers – 0.2% | |||||
| Packaging Corp. of America |
6,154 | 142,650 | |||
| Sonoco Products Co. |
4,134 | 122,697 | |||
| Total Packaging & Containers | 265,347 | ||||
| Pharmaceuticals – 9.7% | |||||
| Bristol-Myers Squibb Co. |
101,928 | 2,125,199 | |||
| Eli Lilly & Co. |
46,497 | 2,047,263 | |||
| Pfizer, Inc. |
437,396 | 8,065,582 | |||
| Total Pharmaceuticals | 12,238,044 | ||||
| Pipelines – 0.5% | |||||
| Spectra Energy Corp. |
28,270 | 672,826 | |||
| REITS – 11.5% | |||||
| Agree Realty Corp. |
665 | 19,019 | |||
| AMB Property Corp. |
4,652 | 210,736 | |||
| American Campus Communities, Inc. |
2,192 | 74,265 | |||
| Apartment Investment & Management Co. Class A |
8,193 | 286,919 | |||
| Ashford Hospitality Trust, Inc. |
16,117 | 65,274 | |||
| Associated Estates Realty Corp. |
1,379 | 17,968 | |||
| AvalonBay Communities, Inc. |
3,660 | 360,217 | |||
| BioMed Realty Trust, Inc. |
4,514 | 119,395 | |||
| Brandywine Realty Trust |
10,615 | 170,158 | |||
| BRE Properties, Inc. |
3,430 | 168,070 | |||
| Camden Property Trust |
4,238 | 194,355 | |||
| CapLease, Inc. |
4,977 | 39,468 | |||
| CBL & Associates Properties, Inc. |
7,344 | 147,468 | |||
| Cedar Shopping Centers, Inc. |
4,637 | 61,301 | |||
| Colonial Properties Trust |
5,617 | 104,982 | |||
| Corporate Office Properties Trust |
2,599 | 104,870 | |||
| Cousins Properties, Inc. |
4,350 | 109,881 | |||
| DCT Industrial Trust, Inc. |
14,735 | 110,365 | |||
| Developers Diversified Realty Corp. |
10,546 | 334,203 | |||
| DiamondRock Hospitality Co. |
7,253 | 66,002 | |||
| Digital Realty Trust, Inc. |
2,673 | 126,299 | |||
| Duke Realty Corp. |
13,882 | 341,220 | |||
| EastGroup Properties, Inc. |
1,500 | 72,810 | |||
| Education Realty Trust, Inc. |
2,739 | 30,348 | |||
| Entertainment Properties Trust |
2,332 | 127,607 | |||
| Equity One, Inc. |
5,026 | 102,983 | |||
| Equity Residential |
17,366 | 771,223 | |||
| Essex Property Trust, Inc. |
1,236 | 146,256 | |||
| Extra Space Storage, Inc. |
6,367 | 97,797 | |||
| FelCor Lodging Trust, Inc. |
5,674 | 40,626 | |||
| First Industrial Realty Trust, Inc. |
4,597 | 131,842 | |||
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 21 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree High-Yielding Equity Fund
September 30, 2008
| Investments | Shares | Value | |||
| First Potomac Realty Trust |
2,339 | $ | 40,207 | ||
| Franklin Street Properties Corp. |
7,392 | 96,096 | |||
| General Growth Properties, Inc. |
15,237 | 230,079 | |||
| Getty Realty Corp. |
2,167 | 48,194 | |||
| Glimcher Realty Trust |
6,424 | 67,067 | |||
| HCP, Inc. |
16,056 | 644,326 | |||
| Health Care REIT, Inc. |
6,428 | 342,162 | |||
| Healthcare Realty Trust, Inc. |
4,150 | 120,973 | |||
| Hersha Hospitality Trust |
4,250 | 31,620 | |||
| Highwoods Properties, Inc. |
4,083 | 145,191 | |||
| Home Properties, Inc. |
2,518 | 145,918 | |||
| Hospitality Properties Trust |
11,104 | 227,854 | |||
| Host Hotels & Resorts, Inc. |
30,305 | 402,753 | |||
| HRPT Properties Trust |
32,092 | 221,114 | |||
| Inland Real Estate Corp. |
5,465 | 85,746 | |||
| Investors Real Estate Trust |
5,062 | 56,644 | |||
| Kilroy Realty Corp. |
1,711 | 81,769 | |||
| Kimco Realty Corp. |
14,270 | 527,133 | |||
| Kite Realty Group Trust |
1,987 | 21,857 | |||
| LaSalle Hotel Properties |
3,075 | 71,709 | |||
| Lexington Realty Trust |
7,746 | 133,386 | |||
| Liberty Property Trust |
10,316 | 388,397 | |||
| LTC Properties, Inc. |
1,707 | 50,049 | |||
| Macerich Co. (The) |
4,170 | 265,421 | |||
| Mack-Cali Realty Corp. |
6,814 | 230,790 | |||
| Medical Properties Trust, Inc. |
7,180 | 81,493 | |||
| Mid-America Apartment Communities, Inc. |
1,852 | 91,007 | |||
| Mission West Properties, Inc. |
1,657 | 16,139 | |||
| National Health Investors, Inc. |
2,334 | 79,776 | |||
| National Retail Properties, Inc. |
5,649 | 135,294 | |||
| Nationwide Health Properties, Inc. |
6,294 | 226,458 | |||
| Omega Healthcare Investors, Inc. |
6,201 | 121,912 | |||
| One Liberty Properties, Inc. |
958 | 16,928 | |||
| Parkway Properties, Inc. |
1,381 | 52,285 | |||
| Pennsylvania Real Estate Investment Trust |
3,791 | 71,460 | |||
| Post Properties, Inc. |
2,679 | 74,932 | |||
| PS Business Parks, Inc. |
882 | 50,803 | |||
| Ramco-Gershenson Properties Trust |
1,969 | 44,145 | |||
| Realty Income Corp. |
7,758 | 198,605 | |||
| Regency Centers Corp. |
3,722 | 248,220 | |||
| Saul Centers, Inc. |
788 | 39,826 | |||
| Senior Housing Properties Trust |
6,582 | 156,849 | |||
| Simon Property Group, Inc. |
10,733 | 1,041,100 | |||
| Sovran Self Storage, Inc. |
1,655 | 74,359 | |||
| Strategic Hotels & Resorts, Inc. |
4,838 | 36,527 | |||
| Sun Communities, Inc. |
2,606 | 51,625 | |||
| Sunstone Hotel Investors, Inc. |
5,345 | 72,158 | |||
| Tanger Factory Outlet Centers, Inc. |
1,478 | 64,722 | |||
| UDR, Inc. |
11,311 | 295,783 | |||
| Universal Health Realty Income Trust |
942 | 36,644 | |||
| Urstadt Biddle Properties, Inc. Class A |
1,422 | 26,663 | |||
| U-Store-It Trust |
8,969 | 110,050 | |||
| Ventas, Inc. |
7,762 | 383,598 | |||
| Vornado Realty Trust |
8,170 | 743,061 | |||
| Investments | Shares | Value | |||
| Washington Real Estate Investment Trust |
3,286 | $ | 120,366 | ||
| Weingarten Realty Investors |
6,572 | 234,423 | |||
| Winthrop Realty Trust |
4,182 | 16,310 | |||
| Total REITS | 14,443,903 | ||||
| Retail – 1.7% | |||||
| Asbury Automotive Group, Inc. |
2,453 | 28,259 | |||
| Cato Corp. (The) Class A |
1,627 | 28,554 | |||
| Foot Locker, Inc. |
7,628 | 123,268 | |||
| Home Depot, Inc. |
74,384 | 1,925,801 | |||
| Kenneth Cole Productions, Inc. Class A |
601 | 8,835 | |||
| Lithia Motors, Inc. Class A |
735 | 3,168 | |||
| Ruby Tuesday, Inc. |
2,668 | 15,448 | |||
| Talbots, Inc. |
2,813 | 36,850 | |||
| Wendy’s/Arby’s Group, Inc. Class A |
3,388 | 17,821 | |||
| Total Retail | 2,188,004 | ||||
| Savings & Loans – 0.9% | |||||
| Astoria Financial Corp. |
5,576 | 115,590 | |||
| Brookline Bancorp, Inc. |
2,481 | 31,732 | |||
| Capitol Federal Financial |
6,039 | 267,709 | |||
| Dime Community Bancshares |
1,906 | 29,009 | |||
| First Financial Holdings, Inc. |
519 | 13,587 | |||
| First Niagara Financial Group, Inc. |
6,532 | 102,879 | |||
| First Place Financial Corp. |
906 | 11,642 | |||
| New York Community Bancorp, Inc. |
24,172 | 405,849 | |||
| Northwest Bancorp, Inc. |
2,140 | 58,936 | |||
| OceanFirst Financial Corp. |
805 | 14,587 | |||
| Washington Federal, Inc. |
4,423 | 81,604 | |||
| Total Savings & Loans | 1,133,124 | ||||
| Semiconductors – 0.3% | |||||
| Microchip Technology, Inc. |
10,732 | 315,843 | |||
| Software – 0.1% | |||||
| Computer Programs & Systems, Inc. |
938 | 27,155 | |||
| Quality Systems, Inc. |
1,045 | 44,162 | |||
| Total Software | 71,317 | ||||
| Telecommunications – 11.1% | |||||
| Alaska Communications Systems Group, Inc. |
3,150 | 38,525 | |||
| AT&T, Inc. |
276,890 | 7,730,768 | |||
| Consolidated Communications Holdings, Inc. |
3,020 | 45,542 | |||
| D&E Communications, Inc. |
660 | 4,983 | |||
| Embarq Corp. |
10,224 | 414,583 | |||
| FairPoint Communications, Inc. |
7,597 | 65,866 | |||
| Frontier Communications Corp. |
33,258 | 382,467 | |||
| Iowa Telecommunications Services, Inc. |
3,946 | 73,711 | |||
| NTELOS Holdings Corp. |
1,663 | 44,718 | |||
| Verizon Communications, Inc. |
146,274 | 4,693,933 | |||
| Windstream Corp. |
47,896 | 523,982 | |||
| Total Telecommunications | 14,019,078 | ||||
| Toys/Games/Hobbies – 0.3% | |||||
| Mattel, Inc. |
17,883 | 322,609 | |||
| Transportation – 0.0% | |||||
| Pacer International, Inc. |
2,008 | 33,072 | |||
See Notes to Financial Statements.
| 22 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree High-Yielding Equity Fund
September 30, 2008
| Investments | Shares | Value | |||
| Trucking & Leasing – 0.0% | |||||
| TAL International Group, Inc. |
2,816 | $ | 58,629 | ||
| Water – 0.0% | |||||
| Middlesex Water Co. |
789 | 13,784 | |||
| TOTAL COMMON STOCKS | |||||
| (Cost: $166,677,135) | 124,718,617 | ||||
| SHORT-TERM INVESTMENT – 0.3% | |||||
| MONEY MARKET FUND – 0.3% | |||||
| Columbia Cash Reserves Fund, 2.08%(a) |
|||||
| (Cost: $331,278) | 331,278 | 331,278 | |||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.0% | |||||
| MONEY MARKET FUND(b) – 0.0% | |||||
| UBS Private Money Market Fund LLC, 3.01% |
|||||
| (Cost: $910)(c) | 910 | 910 | |||
| TOTAL INVESTMENTS IN SECURITIES – 99.4% | |||||
| (Cost: $167,009,323)(d) | 125,050,805 | ||||
| Other Assets in Excess of Liabilities – 0.6% |
817,193 | ||||
| NET ASSETS – 100.0% | $ | 125,867,998 | |||
| (a) |
Rate shown represents annualized 7-day yield as of September 30, 2008. |
| (b) |
Interest rate shown reflects yield as of September 30, 2008. |
| (c) |
At September 31, 2008, the total market value of the Fund’s securities on loan was $0 and the total market value of the collateral held by the Fund was $910. |
| (d) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 23 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree LargeCap Dividend Fund
September 30, 2008
| Investments | Shares | Value | |||
| COMMON STOCKS – 99.4% | |||||
| Advertising – 0.1% | |||||
| Omnicom Group, Inc. |
5,819 | $ | 224,381 | ||
| Aerospace/Defense – 2.0% | |||||
| Boeing Co. (The) |
17,467 | 1,001,733 | |||
| General Dynamics Corp. |
7,397 | 544,567 | |||
| Goodrich Corp. |
2,197 | 91,395 | |||
| L-3 Communications Holdings, Inc. |
1,657 | 162,916 | |||
| Lockheed Martin Corp. |
9,014 | 988,565 | |||
| Northrop Grumman Corp. |
8,836 | 534,931 | |||
| Raytheon Co. |
10,146 | 542,912 | |||
| Rockwell Collins, Inc. |
2,032 | 97,719 | |||
| United Technologies Corp. |
23,255 | 1,396,696 | |||
| Total Aerospace/Defense | 5,361,434 | ||||
| Agriculture – 1.6% | |||||
| Altria Group, Inc. |
115,779 | 2,297,056 | |||
| Archer-Daniels-Midland Co. |
10,134 | 222,036 | |||
| Reynolds American, Inc. |
20,982 | 1,020,145 | |||
| UST, Inc. |
9,473 | 630,333 | |||
| Total Agriculture | 4,169,570 | ||||
| Airlines – 0.0% | |||||
| Southwest Airlines Co. |
2,034 | 29,513 | |||
| Apparel – 0.3% | |||||
| NIKE, Inc. Class B |
7,983 | 534,062 | |||
| VF Corp. |
4,705 | 363,744 | |||
| Total Apparel | 897,806 | ||||
| Auto Manufacturers – 0.1% | |||||
| Paccar, Inc. |
7,174 | 273,975 | |||
| Auto Parts & Equipment – 0.1% | |||||
| Johnson Controls, Inc. |
11,813 | 358,288 | |||
| Banks – 13.0% | |||||
| Bank of America Corp. |
382,520 | 13,388,199 | |||
| Bank of New York Mellon Corp. (The) |
31,261 | 1,018,483 | |||
| BB&T Corp. |
44,441 | 1,679,870 | |||
| Capital One Financial Corp. |
1,207 | 61,557 | |||
| Comerica, Inc. |
12,928 | 423,909 | |||
| Fifth Third Bancorp |
48,973 | 582,779 | |||
| KeyCorp |
35,328 | 421,816 | |||
| M&T Bank Corp. |
5,242 | 467,849 | |||
| Marshall & Ilsley Corp. |
16,920 | 340,938 | |||
| National City Corp. |
87,873 | 153,778 | |||
| Northern Trust Corp. |
4,607 | 332,625 | |||
| PNC Financial Services Group, Inc. (The) |
18,460 | 1,378,962 | |||
| Regions Financial Corp. |
62,123 | 596,381 | |||
| State Street Corp. |
6,180 | 351,518 | |||
| SunTrust Banks, Inc. |
22,376 | 1,006,696 | |||
| Synovus Financial Corp. |
15,794 | 163,468 | |||
| U.S. Bancorp |
122,558 | 4,414,539 | |||
| Wachovia Corp. |
181,909 | 636,682 | |||
| Wells Fargo & Co. |
190,168 | 7,137,005 | |||
| Total Banks | 34,557,054 | ||||
| Investments | Shares | Value | |||
| Beverages – 3.3% | |||||
| Anheuser-Busch Cos., Inc. |
25,468 | $ | 1,652,364 | ||
| Coca-Cola Co. (The) |
69,930 | 3,697,897 | |||
| Coca-Cola Enterprises, Inc. |
6,214 | 104,209 | |||
| Molson Coors Brewing Co., Class B |
2,506 | 117,156 | |||
| Pepsi Bottling Group, Inc. |
4,342 | 126,656 | |||
| PepsiCo, Inc. |
43,925 | 3,130,535 | |||
| Total Beverages | 8,828,817 | ||||
| Building Materials – 0.2% | |||||
| Masco Corp. |
22,673 | 406,754 | |||
| Chemicals – 2.3% | |||||
| Air Products & Chemicals, Inc. |
4,611 | 315,807 | |||
| Dow Chemical Co. (The) |
54,079 | 1,718,631 | |||
| E.I. du Pont de Nemours & Co. |
48,449 | 1,952,496 | |||
| Ecolab, Inc. |
3,144 | 152,547 | |||
| Monsanto Co. |
4,977 | 492,623 | |||
| PPG Industries, Inc. |
6,956 | 405,674 | |||
| Praxair, Inc. |
6,168 | 442,492 | |||
| Rohm & Haas Co. |
7,474 | 523,180 | |||
| Sherwin-Williams Co. (The) |
3,809 | 217,722 | |||
| Total Chemicals | 6,221,172 | ||||
| Coal – 0.1% | |||||
| Consol Energy, Inc. |
1,423 | 65,301 | |||
| Peabody Energy Corp. |
1,322 | 59,490 | |||
| Total Coal | 124,791 | ||||
| Commercial Services – 0.7% | |||||
| Automatic Data Processing, Inc. |
18,999 | 812,207 | |||
| Mastercard, Inc. Class A |
292 | 51,780 | |||
| McKesson Corp. |
1,450 | 78,025 | |||
| Moody’s Corp. |
3,146 | 106,964 | |||
| Paychex, Inc. |
16,167 | 533,996 | |||
| R.R. Donnelley & Sons Co. |
8,789 | 215,594 | |||
| Western Union Co. (The) |
1,874 | 46,232 | |||
| Total Commercial Services | 1,844,798 | ||||
| Computers – 1.7% | |||||
| Hewlett-Packard Co. |
22,464 | 1,038,735 | |||
| International Business Machines Corp. |
28,855 | 3,374,881 | |||
| Total Computers | 4,413,616 | ||||
| Cosmetics/Personal Care – 2.7% | |||||
| Avon Products, Inc. |
10,480 | 435,654 | |||
| Colgate-Palmolive Co. |
12,902 | 972,166 | |||
| Procter & Gamble Co. |
83,560 | 5,823,296 | |||
| Total Cosmetics/Personal Care | 7,231,116 | ||||
| Distribution/Wholesale – 0.2% | |||||
| Genuine Parts Co. |
7,309 | 293,895 | |||
| W.W. Grainger, Inc. |
1,820 | 158,285 | |||
| Total Distribution/Wholesale | 452,180 | ||||
| Diversified Financial Services – 8.5% | |||||
| American Express Co. |
22,546 | 798,805 | |||
| Ameriprise Financial, Inc. |
3,639 | 139,010 | |||
See Notes to Financial Statements.
| 24 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree LargeCap Dividend Fund
September 30, 2008
| Investments | Shares | Value | |||
| BlackRock, Inc. |
2,138 | $ | 415,841 | ||
| Charles Schwab Corp. (The) |
13,161 | 342,186 | |||
| Citigroup, Inc. |
498,473 | 10,223,680 | |||
| CME Group, Inc. |
368 | 136,716 | |||
| Discover Financial Services |
9,817 | 135,671 | |||
| Franklin Resources, Inc. |
1,827 | 161,014 | |||
| Goldman Sachs Group, Inc. |
3,841 | 491,648 | |||
| JPMorgan Chase & Co. |
163,037 | 7,613,828 | |||
| Legg Mason, Inc. |
2,431 | 92,524 | |||
| Merrill Lynch & Co., Inc. |
30,406 | 769,272 | |||
| Morgan Stanley |
31,976 | 735,448 | |||
| NYSE Euronext |
4,249 | 166,476 | |||
| T. Rowe Price Group, Inc. |
4,178 | 224,400 | |||
| Total Diversified Financial Services | 22,446,519 | ||||
| Electric – 5.0% | |||||
| Ameren Corp. |
13,890 | 542,127 | |||
| American Electric Power Co., Inc. |
19,720 | 731,218 | |||
| Consolidated Edison, Inc. |
18,101 | 777,619 | |||
| Constellation Energy Group, Inc. |
4,110 | 99,873 | |||
| Dominion Resources, Inc. |
26,933 | 1,152,194 | |||
| DTE Energy Co. |
10,610 | 423,870 | |||
| Duke Energy Corp. |
76,540 | 1,334,092 | |||
| Edison International |
9,819 | 391,778 | |||
| Entergy Corp. |
7,039 | 626,541 | |||
| Exelon Corp. |
19,515 | 1,222,029 | |||
| FirstEnergy Corp. |
11,528 | 772,261 | |||
| FPL Group, Inc. |
13,321 | 670,046 | |||
| PG&E Corp. |
15,590 | 583,846 | |||
| PPL Corp. |
12,038 | 445,647 | |||
| Progress Energy, Inc. |
18,287 | 788,718 | |||
| Public Service Enterprise Group, Inc. |
17,292 | 567,005 | |||
| Southern Co. |
44,466 | 1,675,923 | |||
| Xcel Energy, Inc. |
23,757 | 474,902 | |||
| Total Electric | 13,279,689 | ||||
| Electrical Components & Equipment – 0.4% | |||||
| Emerson Electric Co. |
24,086 | 982,468 | |||
| Electronics – 0.0% | |||||
| Amphenol Corp. Class A |
490 | 19,669 | |||
| Engineering & Construction – 0.0% | |||||
| Fluor Corp. |
1,469 | 81,823 | |||
| Entertainment – 0.0% | |||||
| International Game Technology |
5,649 | 97,050 | |||
| Environmental Control – 0.3% | |||||
| Waste Management, Inc. |
20,884 | 657,637 | |||
| Food – 2.9% | |||||
| Campbell Soup Co. |
13,023 | 502,688 | |||
| ConAgra Foods, Inc. |
21,002 | 408,699 | |||
| General Mills, Inc. |
12,641 | 868,690 | |||
| H.J. Heinz Co. |
14,736 | 735,474 | |||
| Kellogg Co. |
13,058 | 732,554 | |||
| Kraft Foods, Inc. Class A |
70,853 | 2,320,435 | |||
| Kroger Co. (The) |
11,016 | 302,720 | |||
| Investments | Shares | Value | |||
| Safeway, Inc. |
4,892 | $ | 116,038 | ||
| Sara Lee Corp. |
26,337 | 332,636 | |||
| SUPERVALU, Inc. |
5,446 | 118,178 | |||
| SYSCO Corp. |
23,482 | 723,950 | |||
| Wm. Wrigley Jr. Co. |
5,650 | 448,610 | |||
| Total Food | 7,610,672 | ||||
| Forest Products & Paper – 0.6% | |||||
| International Paper Co. |
18,940 | 495,849 | |||
| Plum Creek Timber Co., Inc. |
8,890 | 443,255 | |||
| Weyerhaeuser Co. |
10,017 | 606,830 | |||
| Total Forest Products & Paper | 1,545,934 | ||||
| Gas – 0.1% | |||||
| Sempra Energy |
7,370 | 371,964 | |||
| Healthcare-Products – 3.4% | |||||
| Baxter International, Inc. |
13,225 | 867,957 | |||
| Becton Dickinson & Co. |
4,799 | 385,168 | |||
| C.R. Bard, Inc. |
1,002 | 95,060 | |||
| Johnson & Johnson |
99,021 | 6,860,174 | |||
| Medtronic, Inc. |
16,238 | 813,524 | |||
| Stryker Corp. |
1,569 | 97,749 | |||
| Total Healthcare-Products | 9,119,632 | ||||
| Healthcare-Services – 0.1% | |||||
| Aetna, Inc. |
489 | 17,658 | |||
| Cigna Corp. |
328 | 11,145 | |||
| Quest Diagnostics, Inc. |
2,078 | 107,370 | |||
| UnitedHealth Group, Inc. |
1,190 | 30,214 | |||
| Total Healthcare-Services | 166,387 | ||||
| Holding Companies-Diversified – 0.0% | |||||
| Leucadia National Corp. |
1,684 | 76,521 | |||
| Household Products/Wares – 0.7% | |||||
| Clorox Co. |
4,866 | 305,050 | |||
| Fortune Brands, Inc. |
4,924 | 282,441 | |||
| Kimberly-Clark Corp. |
18,590 | 1,205,375 | |||
| Total Household Products/Wares | 1,792,866 | ||||
| Housewares – 0.1% | |||||
| Newell Rubbermaid, Inc. |
12,979 | 224,018 | |||
| Insurance – 2.7% | |||||
| Allstate Corp. (The) |
24,146 | 1,113,615 | |||
| American Family Life Assurance Co., Inc. |
9,363 | 550,076 | |||
| AON Corp. |
5,089 | 228,801 | |||
| Assurant, Inc. |
1,215 | 66,825 | |||
| Chubb Corp. (The) |
11,719 | 643,373 | |||
| CNA Financial Corp. |
7,027 | 184,388 | |||
| Genworth Financial, Inc. Class A |
9,755 | 83,991 | |||
| Hartford Financial Services Group, Inc. (The) |
10,450 | 428,346 | |||
| Lincoln National Corp. |
10,668 | 456,697 | |||
| Loews Corp. |
3,676 | 145,165 | |||
| Marsh & McLennan Cos., Inc. |
22,611 | 718,125 | |||
| Metlife, Inc. |
12,527 | 701,512 | |||
| Principal Financial Group, Inc. |
4,840 | 210,492 | |||
| Progressive Corp. (The) |
1,838 | 31,981 | |||
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 25 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree LargeCap Dividend Fund
September 30, 2008
| Investments | Shares | Value | |||
| Prudential Financial, Inc. |
7,788 | $ | 560,736 | ||
| Travelers Cos., Inc. (The) |
19,699 | 890,395 | |||
| Unum Group |
6,460 | 162,146 | |||
| Total Insurance | 7,176,644 | ||||
| Investment Companies – 0.3% | |||||
| American Capital Ltd. |
31,156 | 794,790 | |||
| Iron/Steel – 0.1% | |||||
| Allegheny Technologies, Inc. |
1,148 | 33,923 | |||
| Nucor Corp. |
3,079 | 121,621 | |||
| United States Steel Corp. |
1,246 | 96,702 | |||
| Total Iron/Steel | 252,246 | ||||
| Leisure Time – 0.1% | |||||
| Harley-Davidson, Inc. |
8,873 | 330,963 | |||
| Lodging – 0.1% | |||||
| Marriott International, Inc. Class A |
4,615 | 120,405 | |||
| Starwood Hotels & Resorts Worldwide, Inc. |
5,448 | 153,307 | |||
| Total Lodging | 273,712 | ||||
| Machinery-Construction & Mining – 0.4% | |||||
| Caterpillar, Inc. |
18,081 | 1,077,628 | |||
| Machinery-Diversified – 0.2% | |||||
| Cummins, Inc. |
2,531 | 110,655 | |||
| Deere & Co. |
7,304 | 361,548 | |||
| Rockwell Automation, Inc. |
3,562 | 133,005 | |||
| Total Machinery-Diversified | 605,208 | ||||
| Media – 1.2% | |||||
| CBS Corp. Class B |
33,196 | 483,998 | |||
| Gannett Co., Inc. |
13,930 | 235,556 | |||
| McGraw-Hill Cos., Inc. (The) |
8,591 | 271,562 | |||
| News Corp. Class A |
17,782 | 213,206 | |||
| News Corp. Class B |
6,452 | 78,392 | |||
| Time Warner, Inc. |
77,747 | 1,019,262 | |||
| Walt Disney Co. (The) |
29,208 | 896,394 | |||
| Washington Post Co. (The) Class B |
121 | 67,368 | |||
| Total Media | 3,265,738 | ||||
| Metal Fabricate/Hardware – 0.0% | |||||
| Precision Castparts Corp. |
134 | 10,557 | |||
| Mining – 1.2% | |||||
| Alcoa, Inc. |
23,557 | 531,917 | |||
| Freeport-McMoRan Copper & Gold, Inc. Class B |
6,638 | 377,370 | |||
| Newmont Mining Corp. |
5,120 | 198,451 | |||
| Southern Copper Corp. |
97,020 | 1,851,142 | |||
| Vulcan Materials Co. |
3,089 | 230,131 | |||
| Total Mining | 3,189,011 | ||||
| Miscellaneous Manufacturing – 5.6% | |||||
| 3M Co. |
22,512 | 1,537,795 | |||
| Danaher Corp. |
659 | 45,735 | |||
| Dover Corp. |
4,946 | 200,560 | |||
| Eaton Corp. |
3,926 | 220,563 | |||
| General Electric Co. |
433,459 | 11,053,204 | |||
| Honeywell International, Inc. |
17,230 | 715,907 | |||
| Investments | Shares | Value | |||
| Illinois Tool Works, Inc. |
16,166 | $ | 718,579 | ||
| ITT Industries, Inc. |
2,317 | 128,848 | |||
| Parker Hannifin Corp. |
2,660 | 140,980 | |||
| Textron, Inc. |
4,612 | 135,039 | |||
| Total Miscellaneous Manufacturing | 14,897,210 | ||||
| Office/Business Equipment – 0.2% | |||||
| Pitney Bowes, Inc. |
11,215 | 373,011 | |||
| Xerox Corp. |
14,085 | 162,400 | |||
| Total Office/Business Equipment | 535,411 | ||||
| Oil & Gas – 8.5% | |||||
| Anadarko Petroleum Corp. |
3,757 | 182,252 | |||
| Apache Corp. |
2,687 | 280,200 | |||
| Chesapeake Energy Corp. |
5,035 | 180,555 | |||
| Chevron Corp. |
75,446 | 6,222,785 | |||
| ConocoPhillips |
43,626 | 3,195,605 | |||
| Devon Energy Corp. |
3,999 | 364,709 | |||
| Diamond Offshore Drilling, Inc. |
799 | 82,345 | |||
| ENSCO International, Inc. |
428 | 24,666 | |||
| EOG Resources, Inc. |
1,391 | 124,439 | |||
| Exxon Mobil Corp. |
117,203 | 9,101,984 | |||
| Hess Corp. |
1,851 | 151,930 | |||
| Marathon Oil Corp. |
16,387 | 653,350 | |||
| Murphy Oil Corp. |
2,515 | 161,312 | |||
| Noble Energy, Inc. |
1,494 | 83,051 | |||
| Occidental Petroleum Corp. |
16,043 | 1,130,229 | |||
| Questar Corp. |
2,244 | 91,824 | |||
| Sunoco, Inc. |
2,660 | 94,643 | |||
| Valero Energy Corp. |
5,330 | 161,499 | |||
| XTO Energy, Inc. |
6,230 | 289,820 | |||
| Total Oil & Gas | 22,577,198 | ||||
| Oil & Gas Services – 0.3% | |||||
| Baker Hughes, Inc. |
2,869 | 173,689 | |||
| BJ Services Co. |
3,617 | 69,193 | |||
| Halliburton Co. |
12,282 | 397,815 | |||
| Smith International, Inc. |
1,621 | 95,055 | |||
| Total Oil & Gas Services | 735,752 | ||||
| Pharmaceuticals – 7.9% | |||||
| Abbott Laboratories |
48,963 | 2,819,290 | |||
| Allergan, Inc. |
1,418 | 73,027 | |||
| AmerisourceBergen Corp. |
1,511 | 56,889 | |||
| Bristol-Myers Squibb Co. |
110,937 | 2,313,036 | |||
| Cardinal Health, Inc. |
4,197 | 206,828 | |||
| Eli Lilly & Co. |
50,757 | 2,234,831 | |||
| Merck & Co., Inc. |
78,041 | 2,462,974 | |||
| Pfizer, Inc. |
476,607 | 8,788,632 | |||
| Schering-Plough Corp. |
21,863 | 403,810 | |||
| Wyeth |
45,170 | 1,668,580 | |||
| Total Pharmaceuticals | 21,027,897 | ||||
| Pipelines – 0.4% | |||||
| El Paso Corp. |
9,766 | 124,614 | |||
| Spectra Energy Corp. |
31,163 | 741,680 | |||
See Notes to Financial Statements.
| 26 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree LargeCap Dividend Fund
September 30, 2008
| Investments | Shares | Value | |||
| Williams Cos., Inc. (The) |
9,488 | $ | 224,391 | ||
| Total Pipelines | 1,090,685 | ||||
| REITS – 2.5% | |||||
| AvalonBay Communities, Inc. |
4,006 | 394,271 | |||
| Boston Properties, Inc. |
4,776 | 447,320 | |||
| Equity Residential |
18,892 | 838,994 | |||
| General Growth Properties, Inc. |
16,544 | 249,814 | |||
| HCP, Inc. |
17,598 | 706,208 | |||
| Host Hotels & Resorts, Inc. |
32,678 | 434,291 | |||
| Kimco Realty Corp. |
15,717 | 580,586 | |||
| ProLogis |
10,704 | 441,754 | |||
| Public Storage, Inc. |
6,367 | 630,397 | |||
| Simon Property Group, Inc. |
11,857 | 1,150,128 | |||
| Vornado Realty Trust |
8,831 | 803,179 | |||
| Total REITS | 6,676,942 | ||||
| Retail – 5.9% | |||||
| Abercrombie & Fitch Co. |
1,035 | 40,831 | |||
| Best Buy Co., Inc. |
5,970 | 223,875 | |||
| Costco Wholesale Corp. |
5,169 | 335,623 | |||
| CVS Corp. |
12,300 | 414,018 | |||
| Gap, Inc. (The) |
16,675 | 296,482 | |||
| Home Depot, Inc. |
80,998 | 2,097,038 | |||
| J.C. Penney Co., Inc. |
5,676 | 189,238 | |||
| Lowe’s Cos., Inc. |
28,614 | 677,866 | |||
| Ltd. Brands, Inc. |
16,525 | 286,213 | |||
| Macy’s, Inc. |
11,788 | 211,948 | |||
| McDonald’s Corp. |
42,253 | 2,607,010 | |||
| Nordstrom, Inc. |
5,165 | 148,855 | |||
| Staples, Inc. |
12,828 | 288,630 | |||
| Target Corp. |
12,623 | 619,158 | |||
| TJX Cos., Inc. |
7,864 | 240,009 | |||
| Walgreen Co. |
14,563 | 450,870 | |||
| Wal-Mart Stores, Inc. |
102,818 | 6,157,771 | |||
| Yum! Brands, Inc. |
11,284 | 367,971 | |||
| Total Retail | 15,653,406 | ||||
| Savings & Loans – 0.1% | |||||
| Hudson City Bancorp, Inc. |
17,212 | 317,561 | |||
| Semiconductors – 1.6% | |||||
| Analog Devices, Inc. |
9,991 | 263,263 | |||
| Applied Materials, Inc. |
26,419 | 399,719 | |||
| Intel Corp. |
159,609 | 2,989,477 | |||
| KLA -Tencor Corp. |
3,132 | 99,128 | |||
| Texas Instruments, Inc. |
23,908 | 514,022 | |||
| Total Semiconductors | 4,265,609 | ||||
| Software – 1.7% | |||||
| CA, Inc. |
4,625 | 92,315 | |||
| Fidelity National Information Services, Inc. |
1,235 | 22,798 | |||
| Microsoft Corp. |
165,824 | 4,425,843 | |||
| Total Software | 4,540,956 | ||||
| Investments | Shares | Value | |||
| Telecommunications – 6.1% | |||||
| AT&T, Inc. |
302,064 | $ | 8,433,627 | ||
| Corning, Inc. |
18,728 | 292,906 | |||
| Embarq Corp. |
10,885 | 441,387 | |||
| Harris Corp. |
1,996 | 92,215 | |||
| Motorola, Inc. |
39,947 | 285,222 | |||
| QUALCOMM, Inc. |
33,361 | 1,433,522 | |||
| Verizon Communications, Inc. |
159,503 | 5,118,451 | |||
| Total Telecommunications | 16,097,330 | ||||
| Toys/Games/Hobbies – 0.1% | |||||
| Mattel, Inc. |
19,549 | 352,664 | |||
| Transportation – 1.7% | |||||
| Burlington Northern Santa Fe Corp. |
7,727 | 714,207 | |||
| C.H. Robinson Worldwide, Inc. |
4,045 | 206,133 | |||
| CSX Corp. |
8,110 | 442,563 | |||
| Expeditors International Washington, Inc. |
1,799 | 62,677 | |||
| FedEx Corp. |
1,814 | 143,379 | |||
| Norfolk Southern Corp. |
11,730 | 776,643 | |||
| Union Pacific Corp. |
10,328 | 734,940 | |||
| United Parcel Service, Inc. Class B |
22,604 | 1,421,566 | |||
| Total Transportation | 4,502,108 | ||||
| TOTAL COMMON STOCKS | |||||
| (Cost: $324,797,206) | 264,115,360 | ||||
| SHORT-TERM INVESTMENT – 0.2% | |||||
| MONEY MARKET FUND – 0.2% | |||||
| Columbia Cash Reserves Fund, 2.08%(a) |
|||||
| (Cost: $557,188) | 557,188 | 557,188 | |||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.0% | |||||
| MONEY MARKET FUND(b) – 0.0% | |||||
| UBS Private Money Market Fund LLC, 3.01% |
|||||
| (Cost: $893)(c) | 893 | 893 | |||
| TOTAL INVESTMENTS IN SECURITIES – 99.6% | |||||
| (Cost: $325,355,287)(d) | 264,673,441 | ||||
| Other Assets in Excess of Liabilities – 0.4% |
1,093,480 | ||||
| NET ASSETS – 100.0% | $ | 265,766,921 | |||
| (a) |
Rate shown represents annualized 7-day yield as of September 30, 2008. |
| (b) |
Interest rate shown reflects yield as of September 30, 2008. |
| (c) |
At September 30, 2008, the total market value of the Fund’s securities on loan was $0 and the total market value of the collateral held by the Fund was $893. |
| (d) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 27 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Dividend Top 100 Fund
September 30, 2008
| Investments | Shares | Value | |||
| COMMON STOCKS – 97.6% | |||||
| Agriculture – 3.1% | |||||
| Altria Group, Inc. |
21,417 | $ | 424,913 | ||
| Reynolds American, Inc. |
32,011 | 1,556,375 | |||
| UST, Inc. |
32,951 | 2,192,560 | |||
| Total Agriculture | 4,173,848 | ||||
| Apparel – 1.0% | |||||
| VF Corp. |
17,220 | 1,331,278 | |||
| Banks – 17.3% | |||||
| Bank of America Corp. |
62,173 | 2,176,054 | |||
| BB&T Corp. |
76,524 | 2,892,606 | |||
| Comerica, Inc. |
60,832 | 1,994,681 | |||
| Fifth Third Bancorp |
113,425 | 1,349,758 | |||
| KeyCorp |
123,234 | 1,471,414 | |||
| M&T Bank Corp. |
18,455 | 1,647,109 | |||
| Marshall & Ilsley Corp. |
69,824 | 1,406,954 | |||
| National City Corp. |
258,297 | 452,020 | |||
| PNC Financial Services Group, Inc. (The) |
25,128 | 1,877,062 | |||
| Regions Financial Corp. |
113,568 | 1,090,253 | |||
| SunTrust Banks, Inc. |
30,433 | 1,369,181 | |||
| Synovus Financial Corp. |
61,675 | 638,336 | |||
| U.S. Bancorp |
71,528 | 2,576,438 | |||
| Wachovia Corp. |
70,747 | 247,615 | |||
| Wells Fargo & Co. |
55,545 | 2,084,604 | |||
| Total Banks | 23,274,085 | ||||
| Beverages – 1.0% | |||||
| Anheuser-Busch Cos., Inc. |
19,958 | 1,294,875 | |||
| Building Materials – 1.2% | |||||
| Masco Corp. |
87,125 | 1,563,023 | |||
| Chemicals – 4.0% | |||||
| Dow Chemical Co. (The) |
41,978 | 1,334,061 | |||
| E.I. du Pont de Nemours & Co. |
37,993 | 1,531,118 | |||
| PPG Industries, Inc. |
18,516 | 1,079,853 | |||
| Rohm & Haas Co. |
20,911 | 1,463,770 | |||
| Total Chemicals | 5,408,802 | ||||
| Commercial Services – 0.6% | |||||
| R.R. Donnelley & Sons Co. |
32,960 | 808,509 | |||
| Distribution/Wholesale – 0.8% | |||||
| Genuine Parts Co. |
27,649 | 1,111,766 | |||
| Diversified Financial Services – 2.7% | |||||
| Citigroup, Inc. |
99,436 | 2,039,432 | |||
| JPMorgan Chase & Co. |
33,010 | 1,541,567 | |||
| Total Diversified Financial Services | 3,580,999 | ||||
| Electric – 14.3% | |||||
| Ameren Corp. |
37,008 | 1,444,422 | |||
| American Electric Power Co., Inc. |
31,556 | 1,168,519 | |||
| Consolidated Edison, Inc. |
41,529 | 1,784,086 | |||
| Dominion Resources, Inc. |
29,626 | 1,267,400 | |||
| DTE Energy Co. |
42,352 | 1,699,162 | |||
| Duke Energy Corp. |
90,491 | 1,577,258 | |||
| Entergy Corp. |
9,269 | 825,034 | |||
| Investments | Shares | Value | |||
| FirstEnergy Corp. |
16,975 | $ | 1,137,155 | ||
| FPL Group, Inc. |
14,222 | 715,367 | |||
| PG&E Corp. |
28,971 | 1,084,964 | |||
| PPL Corp. |
17,976 | 665,472 | |||
| Progress Energy, Inc. |
43,779 | 1,888,188 | |||
| Public Service Enterprise Group, Inc. |
21,455 | 703,509 | |||
| Southern Co. |
45,842 | 1,727,785 | |||
| Xcel Energy, Inc. |
74,347 | 1,486,197 | |||
| Total Electric | 19,174,518 | ||||
| Environmental Control – 1.0% | |||||
| Waste Management, Inc. |
41,738 | 1,314,330 | |||
| Food – 6.1 % | |||||
| Campbell Soup Co. |
27,896 | 1,076,786 | |||
| ConAgra Foods, Inc. |
51,931 | 1,010,577 | |||
| General Mills, Inc. |
19,487 | 1,339,147 | |||
| H.J. Heinz Co. Ltd. |
29,834 | 1,490,804 | |||
| Kraft Foods, Inc. Class A |
41,582 | 1,361,811 | |||
| Sara Lee Corp. |
67,621 | 854,053 | |||
| SYSCO Corp. |
36,529 | 1,126,189 | |||
| Total Food | 8,259,367 | ||||
| Forest Products & Paper – 3.0% | |||||
| International Paper Co. |
41,469 | 1,085,658 | |||
| Plum Creek Timber Co., Inc. |
33,912 | 1,690,852 | |||
| Weyerhaeuser Co. |
20,120 | 1,218,870 | |||
| Total Forest Products & Paper | 3,995,380 | ||||
| Healthcare-Products – 0.8% | |||||
| Johnson & Johnson |
15,384 | 1,065,804 | |||
| Household Products/Wares – 1.7% | |||||
| Clorox Co. |
15,928 | 998,526 | |||
| Kimberly-Clark Corp. |
19,194 | 1,244,539 | |||
| Total Household Products/Wares | 2,243,065 | ||||
| Housewares – 0.7% | |||||
| Newell Rubbermaid, Inc. |
55,300 | 954,478 | |||
| Insurance – 2.8% | |||||
| Allstate Corp. (The) |
25,199 | 1,162,178 | |||
| Lincoln National Corp. |
20,892 | 894,387 | |||
| Marsh & McLennan Cos., Inc. |
52,073 | 1,653,838 | |||
| Total Insurance | 3,710,403 | ||||
| Investment Companies – 2.7% | |||||
| American Capital Ltd. |
143,634 | 3,664,103 | |||
| Leisure Time – 0.7% | |||||
| Harley-Davidson, Inc. |
23,514 | 877,072 | |||
| Media – 1.3% | |||||
| CBS Corp. Class B |
62,905 | 917,154 | |||
| Gannett Co., Inc. |
47,650 | 805,762 | |||
| Total Media | 1,722,916 | ||||
| Mining – 1.4% | |||||
| Southern Copper Corp. |
96,439 | 1,840,056 | |||
| Miscellaneous Manufacturing – 0.7% | |||||
| General Electric Co. |
38,947 | 993,149 | |||
| Office/Business Equipment - 1.0% | |||||
| Pitney Bowes, Inc. |
41,068 | 1,365,922 | |||
See Notes to Financial Statements.
| 28 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree Dividend Top 100 Fund
September 30, 2008
| Investments | Shares | Value | |||
| Oil & Gas – 0.7% | |||||
| Chevron Corp. |
11,802 | $ | 973,429 | ||
| Pharmaceuticals – 3.7% | |||||
| Bristol-Myers Squibb Co. |
66,603 | 1,388,673 | |||
| Eli Lilly & Co. |
27,937 | 1,230,066 | |||
| Merck & Co., Inc. |
18,066 | 570,163 | |||
| Pfizer, Inc. |
99,270 | 1,830,538 | |||
| Total Pharmaceuticals | 5,019,440 | ||||
| Pipelines – 1.0% | |||||
| Spectra Energy Corp. |
58,824 | 1,400,011 | |||
| REITS – 13.7% | |||||
| AvalonBay Communities, Inc. |
15,949 | 1,569,701 | |||
| Boston Properties, Inc. |
12,411 | 1,162,414 | |||
| Equity Residential |
59,667 | 2,649,811 | |||
| General Growth Properties, Inc. |
48,865 | 737,862 | |||
| HCP, Inc. |
78,304 | 3,142,340 | |||
| Host Hotels & Resorts, Inc. |
107,033 | 1,422,469 | |||
| Kimco Realty Corp. |
50,602 | 1,869,238 | |||
| ProLogis |
20,046 | 827,298 | |||
| Public Storage |
14,849 | 1,470,199 | |||
| Simon Property Group, Inc. |
17,681 | 1,715,057 | |||
| Vornado Realty Trust |
20,355 | 1,851,287 | |||
| Total REITS | 18,417,676 | ||||
| Retail – 2.8% | |||||
| Home Depot, Inc. |
54,893 | 1,421,180 | |||
| Limited Brands, Inc. |
73,817 | 1,278,510 | |||
| McDonald’s Corp. |
18,200 | 1,122,940 | |||
| Total Retail | 3,822,630 | ||||
| Software – 1.6% | |||||
| Automatic Data Processing, Inc. |
24,391 | 1,042,715 | |||
| Paychex, Inc. |
34,012 | 1,123,417 | |||
| Total Software | 2,166,132 | ||||
| Telecommunications – 3.1% | |||||
| AT&T, Inc. |
42,145 | 1,176,688 | |||
| Embarq Corp. |
45,265 | 1,835,496 | |||
| Verizon Communications, Inc. |
37,836 | 1,214,157 | |||
| Total Telecommunications | 4,226,341 | ||||
| Toys/Games/Hobbies – 1.1% | |||||
| Mattel, Inc. |
80,845 | 1,458,444 | |||
| TOTAL COMMON STOCKS | |||||
| (Cost: $176,387,204) | 131,211,851 | ||||
| SHORT-TERM INVESTMENT – 0.1% | |||||
| MONEY MARKET FUND – 0.1% | |||||
| Columbia Cash Reserves Fund, 2.08%(a) |
|||||
| (Cost: $170,812) | 170,812 | 170,812 | |||
| TOTAL INVESTMENTS IN SECURITIES – 97.7% | |||||
| (Cost: $176,558,016)(b) |
131,382,663 | ||||
| Other Assets in Excess of Liabilities – 2.3% |
3,038,309 | ||||
| NET ASSETS – 100.0% | $ | 134,420,972 | |||
| (a) |
Rate shown represents annualized 7-day yield as of September 30, 2008. |
| (b) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 29 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree MidCap Dividend Fund
September 30, 2008
| Investments | Shares | Value | |||
| COMMON STOCKS – 99.4% | |||||
| Aerospace/Defense – 0.1% | |||||
| Curtiss-Wright Corp. |
1,020 | $ | 46,359 | ||
| DRS Technologies, Inc. |
304 | 23,332 | |||
| Total Aerospace/Defense | 69,691 | ||||
| Airlines – 0.0% | |||||
| Skywest, Inc. |
1,003 | 16,028 | |||
| Apparel – 0.1% | |||||
| Columbia Sportswear Co. |
1,807 | 75,822 | |||
| Auto Manufacturers – 0.0% | |||||
| Oshkosh Corp. |
2,106 | 27,715 | |||
| Auto Parts & Equipment – 0.2% | |||||
| BorgWarner, Inc. |
3,715 | 121,740 | |||
| WABCO Holdings, Inc. |
1,379 | 49,010 | |||
| Total Auto Parts & Equipment | 170,750 | ||||
| Banks – 6.8% | |||||
| Associated Banc-Corp |
20,734 | 413,643 | |||
| BancorpSouth, Inc. |
10,339 | 290,836 | |||
| Bank of Hawaii Corp. |
6,078 | 324,869 | |||
| BOK Financial Corp. |
3,538 | 171,275 | |||
| City National Corp. |
5,129 | 278,505 | |||
| Colonial BancGroup, Inc. (The) |
28,859 | 226,832 | |||
| Commerce Bancshares, Inc. |
5,510 | 255,664 | |||
| Cullen/Frost Bankers, Inc. |
6,451 | 387,060 | |||
| East West Bancorp, Inc. |
3,414 | 46,772 | |||
| FirstMerit Corp. |
16,385 | 344,085 | |||
| Fulton Financial Corp. |
33,174 | 361,928 | |||
| Huntington Bancshares, Inc. |
97,157 | 776,283 | |||
| TCF Financial Corp. |
24,102 | 433,836 | |||
| UCBH Holdings, Inc. |
3,148 | 20,179 | |||
| Valley National Bancorp |
20,158 | 422,512 | |||
| Webster Financial Corp. |
6,806 | 171,852 | |||
| Whitney Holding Corp. |
10,767 | 261,100 | |||
| Wilmington Trust Corp. |
9,263 | 267,052 | |||
| Zions Bancorp |
13,476 | 521,521 | |||
| Total Banks | 5,975,804 | ||||
| Beverages – 0.8% | |||||
| Brown-Forman Corp. Class A |
3,626 | 257,446 | |||
| Brown-Forman Corp. Class B |
4,393 | 315,461 | |||
| PepsiAmericas, Inc. |
7,033 | 145,724 | |||
| Total Beverages | 718,631 | ||||
| Building Materials – 0.4% | |||||
| Eagle Materials, Inc. |
3,462 | 77,445 | |||
| Lennox International, Inc. |
3,142 | 104,534 | |||
| Martin Marietta Materials, Inc. |
1,528 | 171,105 | |||
| Quanex Building Products Corp. |
1,324 | 20,178 | |||
| Texas Industries, Inc. |
394 | 16,099 | |||
| Total Building Materials | 389,361 | ||||
| Chemicals – 3.2% | |||||
| Airgas, Inc. |
2,011 | 99,846 | |||
| Albemarle Corp. |
3,391 | 104,578 | |||
| Investments | Shares | Value | |||
| Ashland, Inc. |
5,179 | $ | 151,434 | ||
| Cabot Corp. |
4,977 | 158,169 | |||
| Celanese Corp. Series A |
2,081 | 58,081 | |||
| CF Industries Holdings, Inc. |
156 | 14,268 | |||
| Chemtura Corp. |
21,589 | 98,446 | |||
| Cytec Industries, Inc. |
1,036 | 40,311 | |||
| Eastman Chemical Co. |
8,065 | 444,058 | |||
| FMC Corp. |
2,030 | 104,322 | |||
| Hercules, Inc. |
4,165 | 82,425 | |||
| Huntsman Corp. |
12,394 | 156,164 | |||
| International Flavors & Fragrances, Inc. |
5,491 | 216,675 | |||
| Lubrizol Corp. |
4,812 | 207,590 | |||
| RPM International, Inc. |
16,140 | 312,148 | |||
| Sigma-Aldrich Corp. |
3,829 | 200,716 | |||
| Valhi, Inc. |
9,603 | 172,854 | |||
| Valspar Corp. (The) |
8,300 | 185,007 | |||
| Total Chemicals | 2,807,092 | ||||
| Coal – 0.3% | |||||
| Arch Coal, Inc. |
3,427 | 112,715 | |||
| Foundation Coal Holdings, Inc. |
609 | 21,668 | |||
| Massey Energy Co. |
1,548 | 55,217 | |||
| Walter Industries, Inc. |
956 | 45,362 | |||
| Total Coal | 234,962 | ||||
| Commercial Services – 2.7% | |||||
| Corporate Executive Board Co. (The) |
3,178 | 99,313 | |||
| Deluxe Corp. |
5,812 | 83,635 | |||
| DeVry, Inc. |
517 | 25,612 | |||
| Equifax, Inc. |
1,993 | 68,659 | |||
| H&R Block, Inc. |
34,913 | 794,270 | |||
| Interactive Data Corp. |
5,039 | 127,084 | |||
| Manpower, Inc. |
3,710 | 160,124 | |||
| Pharmaceutical Product Development, Inc. |
4,188 | 173,174 | |||
| Robert Half International, Inc. |
8,666 | 214,483 | |||
| Rollins, Inc. |
3,680 | 69,846 | |||
| Service Corp. International |
11,155 | 93,256 | |||
| Sotheby's |
3,702 | 74,262 | |||
| Strayer Education, Inc. |
433 | 86,713 | |||
| Watson Wyatt Worldwide, Inc. Class A |
1,003 | 49,879 | |||
| Weight Watchers International, Inc. |
4,262 | 155,989 | |||
| Total System Services, Inc. |
7,647 | 125,411 | |||
| Total Commercial Services | 2,401,710 | ||||
| Computers – 0.3% | |||||
| Diebold, Inc. |
7,051 | 233,459 | |||
| Jack Henry & Associates, Inc. |
3,292 | 66,926 | |||
| Total Computers | 300,385 | ||||
| Cosmetics/Personal Care – 0.4% | |||||
| Alberto-Culver Co. |
3,113 | 84,798 | |||
| Estee Lauder Cos., Inc. (The) Class A |
5,022 | 250,648 | |||
| Total Cosmetics/Personal Care | 335,446 | ||||
| Distribution/Wholesale – 0.5% | |||||
| Fastenal Co. |
5,841 | 288,487 | |||
| Owens & Minor, Inc. |
2,408 | 116,788 | |||
| Total Distribution/Wholesale | 405,275 | ||||
See Notes to Financial Statements.
| 30 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree MidCap Dividend Fund
September 30, 2008
| Investments | Shares | Value | |||
| Diversified Financial Services – 1.7% | |||||
| CIT Group, Inc. |
27,994 | $ | 194,838 | ||
| Eaton Vance Corp. |
5,338 | 188,058 | |||
| Federated Investors, Inc. Class B |
7,184 | 207,258 | |||
| Greenhill & Co., Inc. |
2,083 | 153,621 | |||
| Janus Capital Group, Inc. |
696 | 16,899 | |||
| National Financial Partners Corp. |
2,419 | 36,285 | |||
| optionsXpress Holdings, Inc. |
1,786 | 34,684 | |||
| Raymond James Financial, Inc. |
5,436 | 179,279 | |||
| Student Loan Corp. (The) |
3,383 | 314,620 | |||
| Waddell & Reed Financial, Inc. Class A |
5,445 | 134,764 | |||
| Total Diversified Financial Services | 1,460,306 | ||||
| Electric – 10.0% | |||||
| Alliant Energy Corp. |
11,608 | 373,894 | |||
| CenterPoint Energy, Inc. |
42,087 | 613,208 | |||
| Cleco Corp. |
6,833 | 172,533 | |||
| CMS Energy Corp. |
8,863 | 110,522 | |||
| DPL, Inc. |
13,864 | 343,827 | |||
| Great Plains Energy, Inc. |
17,013 | 378,029 | |||
| Hawaiian Electric Industries, Inc. |
15,637 | 455,193 | |||
| Integrys Energy Group, Inc. |
13,769 | 687,623 | |||
| ITC Holdings Corp. |
3,193 | 165,302 | |||
| MDU Resources Group, Inc. |
13,547 | 392,863 | |||
| Northeast Utilities |
13,795 | 353,842 | |||
| NSTAR |
14,436 | 483,606 | |||
| OGE Energy Corp. |
12,153 | 375,285 | |||
| Ormat Technologies, Inc. |
519 | 18,855 | |||
| Pepco Holdings, Inc. |
24,890 | 570,230 | |||
| Pinnacle West Capital Corp. |
17,418 | 599,353 | |||
| PNM Resources, Inc. |
10,992 | 112,558 | |||
| Portland General Electric Co. |
7,611 | 180,076 | |||
| Puget Energy, Inc. |
14,769 | 394,332 | |||
| SCANA Corp. |
16,716 | 650,754 | |||
| Sierra Pacific Resources |
14,738 | 141,190 | |||
| TECO Energy, Inc. |
33,371 | 524,926 | |||
| Westar Energy, Inc. |
14,389 | 331,523 | |||
| Wisconsin Energy Corp. |
8,147 | 365,800 | |||
| Total Electric | 8,795,324 | ||||
| Electrical Components & Equipment – 0.5% | |||||
| Ametek, Inc. |
1,940 | 79,094 | |||
| Belden CDT, Inc. |
659 | 20,950 | |||
| Hubbell, Inc. Class B |
4,457 | 156,218 | |||
| Molex, Inc. |
5,653 | 126,910 | |||
| Molex, Inc. Class A |
4,861 | 101,157 | |||
| Total Electrical Components & Equipment | 484,329 | ||||
| Electronics – 0.9% | |||||
| Applied Biosystems, Inc. |
2,951 | 101,072 | |||
| AVX Corp. |
7,253 | 73,908 | |||
| Brady Corp. Class A |
3,027 | 106,793 | |||
| Gentex Corp. |
12,416 | 177,548 | |||
| Jabil Circuit, Inc. |
11,138 | 106,257 | |||
| National Instruments Corp. |
3,242 | 97,422 | |||
| Investments | Shares | Value | |||
| PerkinElmer, Inc. |
4,534 | $ | 113,213 | ||
| Woodward Governor Co. |
1,543 | 54,422 | |||
| Total Electronics | 830,635 | ||||
| Engineering & Construction – 0.1% | |||||
| Granite Construction, Inc. |
1,977 | 70,816 | |||
| Entertainment – 0.5% | |||||
| Regal Entertainment Group Class A |
29,526 | 465,920 | |||
| Environmental Control – 0.6% | |||||
| Mine Safety Appliances Co. |
1,992 | 75,935 | |||
| Nalco Holding Co. |
3,258 | 60,403 | |||
| Republic Services, Inc. |
14,086 | 422,299 | |||
| Total Environmental Control | 558,637 | ||||
| Food – 2.5% | |||||
| Corn Products International, Inc. |
3,048 | 98,389 | |||
| Del Monte Foods Co. |
12,801 | 99,848 | |||
| Flowers Foods, Inc. |
6,437 | 188,990 | |||
| Hershey Co. (The) |
17,753 | 701,954 | |||
| Hormel Foods Corp. |
8,708 | 315,926 | |||
| J.M. Smucker Co. (The) |
4,800 | 243,312 | |||
| McCormick & Co., Inc. |
9,208 | 354,048 | |||
| Pilgrim's Pride Corp. |
751 | 1,870 | |||
| Ruddick Corp. |
2,281 | 74,018 | |||
| Seaboard Corp. |
8 | 10,056 | |||
| Tyson Foods, Inc. Class A |
10,752 | 128,379 | |||
| Total Food | 2,216,790 | ||||
| Forest Products & Paper – 1.7% | |||||
| MeadWestvaco Corp. |
18,973 | 442,261 | |||
| Potlatch Corp. |
5,840 | 270,918 | |||
| Rayonier, Inc. |
11,799 | 558,682 | |||
| Temple-Inland, Inc. |
13,336 | 203,507 | |||
| Total Forest Products & Paper | 1,475,368 | ||||
| Gas – 3.6% | |||||
| AGL Resources, Inc. |
12,082 | 379,133 | |||
| Atmos Energy Corp. |
14,840 | 395,041 | |||
| Energen Corp. |
1,777 | 80,463 | |||
| Nicor, Inc. |
6,800 | 301,580 | |||
| NiSource, Inc. |
47,631 | 703,034 | |||
| Piedmont Natural Gas Co., Inc. |
9,642 | 308,158 | |||
| Southern Union Co. |
8,546 | 176,475 | |||
| UGI Corp. |
10,453 | 269,478 | |||
| Vectren Corp. |
11,707 | 326,040 | |||
| WGL Holdings, Inc. |
7,261 | 235,619 | |||
| Total Gas | 3,175,021 | ||||
| Hand/Machine Tools – 1.3% | |||||
| Black & Decker Corp. |
5,146 | 312,620 | |||
| Kennametal, Inc. |
3,466 | 93,998 | |||
| Lincoln Electric Holdings, Inc. |
2,111 | 135,758 | |||
| Snap-On, Inc. |
5,200 | 273,832 | |||
| Stanley Works (The) |
7,479 | 312,173 | |||
| Total Hand/Machine Tools | 1,128,381 | ||||
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 31 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree MidCap Dividend Fund
September 30, 2008
| Investments | Shares | Value | |||
| Healthcare-Products – 0.5% | |||||
| Beckman Coulter, Inc. |
2,028 | $ | 143,968 | ||
| Cooper Cos., Inc. (The) |
245 | 8,516 | |||
| DENTSPLY International, Inc. |
2,142 | 80,411 | |||
| Hill-Rom Holdings, Inc. |
4,475 | 135,637 | |||
| STERIS Corp. |
1,815 | 68,208 | |||
| Total Healthcare-Products | 436,740 | ||||
| Healthcare-Services – 0.7% | |||||
| Brookdale Senior Living, Inc. |
23,775 | 522,813 | |||
| Universal Health Services, Inc. Class B |
1,049 | 58,775 | |||
| Total Healthcare-Services | 581,588 | ||||
| Home Builders – 1.8% | |||||
| Centex Corp. |
2,715 | 43,983 | |||
| D.R. Horton, Inc. |
50,008 | 651,104 | |||
| KB Home |
14,225 | 279,948 | |||
| Lennar Corp. Class A |
17,034 | 258,746 | |||
| MDC Holdings, Inc. |
4,162 | 152,288 | |||
| Pulte Homes, Inc. |
14,021 | 195,873 | |||
| Thor Industries, Inc. |
1,513 | 37,553 | |||
| Total Home Builders | 1,619,495 | ||||
| Home Furnishings – 0.6% | |||||
| Harman International Industries, Inc. |
150 | 5,111 | |||
| Tempur-Pedic International, Inc. |
2,917 | 34,304 | |||
| Whirlpool Corp. |
5,748 | 455,758 | |||
| Total Home Furnishings | 495,173 | ||||
| Household Products/Wares – 0.9% | |||||
| Avery Dennison Corp. |
11,868 | 527,889 | |||
| Church & Dwight Co., Inc. |
1,356 | 84,194 | |||
| Scotts Miracle-Gro Co. (The) Class A |
2,858 | 67,563 | |||
| Tupperware Brands Corp. |
5,733 | 158,403 | |||
| Total Household Products/Wares | 838,049 | ||||
| Housewares – 0.1% | |||||
| Toro Co. (The) |
1,237 | 51,088 | |||
| Insurance – 6.1% | |||||
| AMBAC Financial Group, Inc. |
10,115 | 23,568 | |||
| American Financial Group, Inc. |
6,965 | 205,468 | |||
| American National Insurance Co. |
2,431 | 209,868 | |||
| Arthur J. Gallagher & Co. |
16,032 | 411,381 | |||
| Brown & Brown, Inc. |
5,798 | 125,353 | |||
| Cincinnati Financial Corp. |
20,977 | 596,586 | |||
| Delphi Financial Group, Inc. Class A |
1,614 | 45,257 | |||
| Erie Indemnity Co. Class A |
5,642 | 238,487 | |||
| Fidelity National Title Group, Inc. Class A |
60,503 | 889,393 | |||
| First American Corp. |
8,525 | 251,488 | |||
| Hanover Insurance Group, Inc. (The) |
1,651 | 75,154 | |||
| HCC Insurance Holdings, Inc. |
6,115 | 165,105 | |||
| Mercury General Corp. |
7,941 | 434,770 | |||
| MGIC Investment Corp. |
1,121 | 7,881 | |||
| Nationwide Financial Services, Inc. Class A |
3,974 | 196,037 | |||
| Odyssey Re Holdings Corp. |
1,660 | 72,708 | |||
| Old Republic International Corp. |
35,001 | 446,263 | |||
| Protective Life Corp. |
5,363 | 152,899 | |||
| Investments | Shares | Value | |||
| Reinsurance Group of America, Inc. Class A |
1,514 | $ | 81,756 | ||
| StanCorp Financial Group, Inc. |
2,414 | 125,528 | |||
| Torchmark Corp. |
2,804 | 167,679 | |||
| Transatlantic Holdings, Inc. |
2,109 | 114,624 | |||
| Unitrin, Inc. |
9,211 | 229,722 | |||
| W.R. Berkley Corp. |
4,265 | 100,441 | |||
| Wesco Financial Corp. |
87 | 31,059 | |||
| Total Insurance | 5,398,475 | ||||
| Investment Companies – 1.8% | |||||
| Allied Capital Corp. |
65,263 | 704,840 | |||
| Apollo Investment Corp. |
52,317 | 892,005 | |||
| Total Investment Companies | 1,596,845 | ||||
| Iron/Steel – 0.3% | |||||
| Carpenter Technology Corp. |
1,398 | 35,859 | |||
| Cleveland-Cliffs, Inc. |
1,494 | 79,092 | |||
| Reliance Steel & Aluminum Co. |
1,560 | 59,233 | |||
| Steel Dynamics, Inc. |
5,047 | 86,253 | |||
| Total Iron/Steel | 260,437 | ||||
| Leisure Time – 0.3% | |||||
| Brunswick Corp. |
10,271 | 131,366 | |||
| Polaris Industries, Inc. |
3,461 | 157,441 | |||
| Total Leisure Time | 288,807 | ||||
| Lodging – 0.3% | |||||
| Ameristar Casinos, Inc. |
3,056 | 43,365 | |||
| Choice Hotels International, Inc. |
4,306 | 116,692 | |||
| Wyndham Worldwide Corp |
4,013 | 63,044 | |||
| Total Lodging | 223,101 | ||||
| Machinery-Construction & Mining – 0.2% | |||||
| Bucyrus International, Inc. |
521 | 23,278 | |||
| Joy Global, Inc. |
3,804 | 171,713 | |||
| Total Machinery-Construction & Mining | 194,991 | ||||
| Machinery-Diversified – 0.5% | |||||
| Flowserve Corp. |
1,249 | 110,874 | |||
| Graco, Inc. |
3,789 | 134,927 | |||
| IDEX Corp. |
3,763 | 116,728 | |||
| Manitowoc Co., Inc. (The) |
751 | 11,678 | |||
| Nordson Corp. |
1,474 | 72,388 | |||
| Wabtec Corp. |
183 | 9,375 | |||
| Total Machinery-Diversified | 455,970 | ||||
| Media – 0.8% | |||||
| CBS Corp. Class A |
8,001 | 117,055 | |||
| EW Scripps Co., Class A |
1,829 | 12,931 | |||
| Factset Research Systems, Inc. |
1,417 | 74,038 | |||
| John Wiley & Sons, Inc. Class A |
1,752 | 70,868 | |||
| Meredith Corp. |
1,712 | 48,004 | |||
| New York Times Co. (The) Class A |
26,992 | 385,716 | |||
| Total Media | 708,612 | ||||
| Metal Fabricate/Hardware – 0.5% | |||||
| Commercial Metals Co. |
4,956 | 83,707 | |||
| Timken Co. |
7,218 | 204,629 | |||
See Notes to Financial Statements.
| 32 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree MidCap Dividend Fund
September 30, 2008
| Investments | Shares | Value | |||
| Valmont Industries, Inc. |
469 | $ | 38,782 | ||
| Worthington Industries, Inc. |
9,789 | 146,248 | |||
| Total Metal Fabricate/Hardware | 473,366 | ||||
| Mining – 0.1% | |||||
| Titanium Metals Corp. |
6,387 | 72,429 | |||
| Miscellaneous Manufacturing – 3.1% | |||||
| Actuant Corp. Class A |
263 | 6,638 | |||
| Acuity Brands, Inc. |
2,072 | 86,527 | |||
| AptarGroup, Inc. |
3,080 | 120,459 | |||
| Barnes Group, Inc. |
3,367 | 68,081 | |||
| Brink's Co. (The) |
1,160 | 70,783 | |||
| Carlisle Cos., Inc. |
3,404 | 102,018 | |||
| CLARCOR, Inc. |
1,476 | 56,014 | |||
| Crane Co. |
3,494 | 103,807 | |||
| Donaldson Co., Inc. |
2,571 | 107,751 | |||
| Eastman Kodak Co. |
22,720 | 349,433 | |||
| Harsco Corp. |
3,718 | 138,272 | |||
| Leggett & Platt, Inc. |
31,526 | 686,951 | |||
| Pall Corp. |
5,144 | 176,902 | |||
| Pentair, Inc. |
6,149 | 212,571 | |||
| Roper Industries, Inc. |
1,482 | 84,415 | |||
| SPX Corp. |
1,827 | 140,679 | |||
| Teleflex, Inc. |
2,968 | 188,438 | |||
| Trinity Industries, Inc. |
3,127 | 80,458 | |||
| Total Miscellaneous Manufacturing | 2,780,197 | ||||
| Office Furnishings – 0.2% | |||||
| Herman Miller, Inc. |
2,648 | 64,797 | |||
| HNI Corp. |
3,516 | 89,095 | |||
| Total Office Furnishings | 153,892 | ||||
| Oil & Gas – 1.6% | |||||
| Berry Petroleum Co. Class A |
981 | 37,994 | |||
| Cabot Oil & Gas Corp. |
1,051 | 37,983 | |||
| Cimarex Energy Co. |
1,057 | 51,698 | |||
| Crosstex Energy, Inc. |
4,156 | 103,775 | |||
| Equitable Resources, Inc. |
7,119 | 261,125 | |||
| Frontier Oil Corp. |
1,754 | 32,309 | |||
| Helmerich & Payne, Inc. |
1,726 | 74,546 | |||
| Holly Corp. |
1,762 | 50,957 | |||
| Patterson-UTI Energy, Inc. |
13,657 | 273,413 | |||
| Penn Virginia Corp. |
778 | 41,576 | |||
| Pioneer Natural Resources Co. |
2,537 | 132,634 | |||
| Range Resources Corp. |
1,279 | 54,831 | |||
| Rowan Cos., Inc. |
4,180 | 127,699 | |||
| St. Mary Land & Exploration Co. |
588 | 20,962 | |||
| Tesoro Corp. |
3,950 | 65,136 | |||
| W&T Offshore, Inc. |
1,058 | 28,873 | |||
| Total Oil & Gas | 1,395,511 | ||||
| Packaging & Containers – 1.6% | |||||
| Ball Corp. |
3,222 | 127,237 | |||
| Bemis Co., Inc. |
11,385 | 298,401 | |||
| Packaging Corp. of America |
16,377 | 379,618 | |||
| Sealed Air Corp. |
10,048 | 220,956 | |||
| Investments | Shares | Value | |||
| Silgan Holdings, Inc. |
1,651 | $ | 84,350 | ||
| Sonoco Products Co. |
11,102 | 329,507 | |||
| Total Packaging & Containers | 1,440,069 | ||||
| Pharmaceuticals – 0.1% | |||||
| Omnicare, Inc. |
1,586 | 45,629 | |||
| Perrigo Co. |
1,933 | 74,343 | |||
| Total Pharmaceuticals | 119,972 | ||||
| Pipelines – 0.8% | |||||
| National Fuel Gas Co. |
7,534 | 317,784 | |||
| ONEOK, Inc. |
11,758 | 404,475 | |||
| Total Pipelines | 722,259 | ||||
| Real Estate – 0.2% | |||||
| Forest City Enterprises, Inc. Class A |
2,022 | 62,015 | |||
| Jones Lang LaSalle, Inc. |
1,826 | 79,394 | |||
| Total Real Estate | 141,409 | ||||
| REITS – 21.8% | |||||
| Alexandria Real Estate Equities, Inc. |
3,320 | 373,500 | |||
| AMB Property Corp. |
12,549 | 568,470 | |||
| Apartment Investment & Management Co. Class A |
22,120 | 774,642 | |||
| Brandywine Realty Trust |
29,161 | 467,451 | |||
| BRE Properties, Inc. |
9,324 | 456,876 | |||
| Camden Property Trust |
11,451 | 525,143 | |||
| CBL & Associates Properties, Inc. |
19,980 | 401,198 | |||
| Corporate Office Properties Trust |
6,870 | 277,205 | |||
| DCT Industrial Trust, Inc. |
39,963 | 299,323 | |||
| Developers Diversified Realty Corp. |
28,467 | 902,119 | |||
| DiamondRock Hospitality Co. |
20,160 | 183,456 | |||
| Digital Realty Trust, Inc. |
7,300 | 344,925 | |||
| Douglas Emmett, Inc. |
11,725 | 270,496 | |||
| Duke Realty Corp. |
37,613 | 924,528 | |||
| Equity One, Inc. |
13,518 | 276,984 | |||
| Essex Property Trust, Inc. |
3,287 | 388,951 | |||
| Federal Realty Investment Trust |
5,849 | 500,674 | |||
| First Industrial Realty Trust, Inc. |
12,667 | 363,290 | |||
| Health Care REIT, Inc. |
17,504 | 931,738 | |||
| Highwoods Properties, Inc. |
10,941 | 389,062 | |||
| Hospitality Properties Trust |
30,303 | 621,818 | |||
| HRPT Properties Trust |
87,445 | 602,496 | |||
| Kilroy Realty Corp. |
4,700 | 224,613 | |||
| Liberty Property Trust |
27,747 | 1,044,676 | |||
| Macerich Co. (The) |
11,234 | 715,044 | |||
| Mack-Cali Realty Corp. |
18,621 | 630,693 | |||
| National Retail Properties, Inc. |
15,195 | 363,920 | |||
| Nationwide Health Properties, Inc. |
17,076 | 614,394 | |||
| Realty Income Corp. |
20,925 | 535,680 | |||
| Regency Centers Corp. |
10,002 | 667,033 | |||
| Senior Housing Properties Trust |
18,004 | 429,035 | |||
| SL Green Realty Corp. |
6,939 | 449,647 | |||
| Taubman Centers, Inc. |
5,365 | 268,250 | |||
| UDR, Inc. |
30,480 | 797,052 | |||
| Ventas, Inc. |
20,994 | 1,037,523 | |||
| Weingarten Realty Investors |
17,737 | 632,679 | |||
| Total REITS | 19,254,584 | ||||
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 33 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree MidCap Dividend Fund
September 30, 2008
| Investments | Shares | Value | |||
| Retail – 3.3% | |||||
| Advance Auto Parts, Inc. |
2,217 | $ | 87,926 | ||
| American Eagle Outfitters, Inc. |
14,050 | 214,263 | |||
| Barnes & Noble, Inc. |
3,873 | 101,008 | |||
| Brinker International, Inc. |
8,257 | 147,718 | |||
| Burger King Holdings, Inc. |
4,166 | 102,317 | |||
| Darden Restaurants, Inc. |
12,451 | 356,471 | |||
| Family Dollar Stores, Inc. |
11,809 | 279,873 | |||
| Foot Locker, Inc. |
20,316 | 328,306 | |||
| Guess ?, Inc. |
2,603 | 90,558 | |||
| Liz Claiborne, Inc. |
3,499 | 57,489 | |||
| Longs Drug Stores Corp. |
1,456 | 110,132 | |||
| Men's Wearhouse, Inc. (The) |
1,492 | 31,690 | |||
| MSC Industrial Direct Co. Class A |
2,895 | 133,373 | |||
| OfficeMax, Inc. |
7,310 | 64,986 | |||
| Penske Auto Group, Inc. |
6,548 | 75,106 | |||
| PetSmart, Inc. |
2,058 | 50,853 | |||
| Phillips-Van Heusen Corp. |
715 | 27,106 | |||
| Polo Ralph Lauren Corp. |
619 | 41,250 | |||
| RadioShack Corp. |
6,659 | 115,068 | |||
| Ross Stores, Inc. |
5,811 | 213,903 | |||
| Tiffany & Co. |
6,171 | 219,194 | |||
| Williams-Sonoma, Inc. |
6,624 | 107,176 | |||
| Total Retail | 2,955,766 | ||||
| Savings & Loans – 3.5% | |||||
| Astoria Financial Corp. |
14,989 | 310,722 | |||
| Capitol Federal Financial |
16,558 | 734,016 | |||
| New York Community Bancorp, Inc. |
65,161 | 1,094,054 | |||
| People's United Financial, Inc. |
36,361 | 699,949 | |||
| Washington Federal, Inc. |
12,081 | 222,894 | |||
| Total Savings & Loans | 3,061,635 | ||||
| Semiconductors – 2.8% | |||||
| Altera Corp. |
9,687 | 200,327 | |||
| Intersil Corp. Class A |
7,527 | 124,798 | |||
| Linear Technology Corp. |
18,125 | 555,713 | |||
| Microchip Technology, Inc. |
29,278 | 861,651 | |||
| National Semiconductor Corp. |
9,639 | 165,887 | |||
| Xilinx, Inc. |
22,811 | 534,918 | |||
| Total Semiconductors | 2,443,294 | ||||
| Software – 0.5% | |||||
| Broadridge Financial Solutions, Inc. |
5,262 | 80,982 | |||
| Dun & Bradstreet Corp. |
2,276 | 214,764 | |||
| Fair Isaac Corp. |
382 | 8,805 | |||
| Global Payments, Inc. |
495 | 22,206 | |||
| IMS Health, Inc. |
3,576 | 67,622 | |||
| SEI Investments Co. |
3,091 | 68,620 | |||
| Total Software | 462,999 | ||||
| Telecommunications – 3.1% | |||||
| CenturyTel, Inc. |
2,505 | 91,808 | |||
| Frontier Communications Corp. |
90,203 | 1,037,335 | |||
| Telephone & Data Systems, Inc. |
1,151 | 41,148 | |||
| Telephone & Data Systems, Inc. Special Shares |
1,240 | 44,516 | |||
| Investments | Shares | Value | |||
| Virgin Media, Inc. |
10,541 | $ | 83,274 | ||
| Windstream Corp. |
129,149 | 1,412,890 | |||
| Total Telecommunications | 2,710,971 | ||||
| Textiles – 0.2% | |||||
| Cintas Corp. |
6,781 | 194,683 | |||
| Toys/Games/Hobbies – 0.5% | |||||
| Hasbro, Inc. |
12,685 | 440,423 | |||
| Transportation – 1.0% | |||||
| Alexander & Baldwin, Inc. |
3,328 | 146,532 | |||
| Con-way, Inc. |
1,509 | 66,562 | |||
| JB Hunt Transport Services, Inc. |
5,903 | 196,983 | |||
| Landstar System, Inc. |
665 | 29,300 | |||
| Overseas Shipholding Group, Inc. |
1,784 | 104,025 | |||
| Ryder System, Inc. |
3,699 | 229,338 | |||
| Tidewater, Inc. |
2,127 | 117,751 | |||
| Total Transportation | 890,491 | ||||
| Trucking & Leasing – 0.2% | |||||
| GATX Corp. |
4,354 | 172,288 | |||
| Water – 0.2% | |||||
| Aqua America, Inc. |
10,900 | 193,802 | |||
| TOTAL COMMON STOCKS |
|||||
| (Cost: $107,866,243) | 87,819,610 | ||||
| SHORT-TERM INVESTMENT – 0.2% | |||||
| MONEY MARKET FUND – 0.2% | |||||
| Columbia Cash Reserves Fund, 2.08%(a) |
|||||
| (Cost: $211,652) | 211,652 | 211,652 | |||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.0% | |||||
| MONEY MARKET FUND(b) – 0.0% | |||||
| UBS Private Money Market Fund LLC., 3.01% |
|||||
| (Cost: $411)(c) | 411 | 411 | |||
| TOTAL INVESTMENTS IN SECURITIES – 99.6% | |||||
| (Cost: $108,078,306)(d) |
88,031,673 | ||||
| Other Assets in Excess of Liabilities – 0.4% |
342,721 | ||||
| NET ASSETS – 100.0% | $ | 88,374,394 | |||
| (a) |
Rate shown represents annualized 7-day yield as of September 30, 2008. |
| (b) |
Interest rate shown reflects yield as of September 30, 2008. |
| (c) |
At September 30, 2008, the total market value of the Fund’s securities on loan was $0 and the total market value of the collateral held by the Fund was $411. |
| (d) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 34 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | Value | |||
| COMMON STOCKS – 99.3% | |||||
| Advertising – 0.1% | |||||
| Harte-Hanks, Inc. |
9,693 | $ | 100,517 | ||
| Marchex, Inc., Class B |
1,860 | 19,139 | |||
| Total Advertising | 119,656 | ||||
| Aerospace/Defense – 0.2% | |||||
| Cubic Corp. |
1,058 | 26,016 | |||
| HEICO Corp. |
235 | 7,713 | |||
| HEICO Corp. Class A |
257 | 7,211 | |||
| Kaman Corp. |
3,296 | 93,871 | |||
| Triumph Group, Inc. |
257 | 11,747 | |||
| Total Aerospace/Defense | 146,558 | ||||
| Agriculture – 1.3% | |||||
| Alico, Inc. |
1,888 | 89,548 | |||
| Andersons, Inc. (The) |
1,046 | 36,840 | |||
| Universal Corp. |
8,264 | 405,680 | |||
| Vector Group Ltd. |
36,590 | 646,179 | |||
| Total Agriculture | 1,178,247 | ||||
| Apparel – 1.0% | |||||
| Cherokee, Inc. |
6,382 | 140,276 | |||
| Jones Apparel Group, Inc. |
24,076 | 445,648 | |||
| K-Swiss, Inc. Class A |
2,391 | 41,603 | |||
| Oxford Industries, Inc. |
4,294 | 110,914 | |||
| Weyco Group, Inc. |
1,569 | 52,514 | |||
| Wolverine World Wide, Inc. |
6,274 | 166,010 | |||
| Total Apparel | 956,965 | ||||
| Auto Manufacturers – 0.1% | |||||
| Wabash National Corp. |
5,642 | 53,317 | |||
| Auto Parts & Equipment – 0.9% | |||||
| American Axle & Manufacturing Holdings, Inc. |
13,973 | 74,895 | |||
| ArvinMeritor, Inc. |
21,872 | 285,210 | |||
| Cooper Tire & Rubber Co. |
13,316 | 114,518 | |||
| Modine Manufacturing Co. |
11,294 | 163,537 | |||
| Spartan Motors, Inc. |
3,642 | 11,582 | |||
| Standard Motor Products, Inc. |
7,023 | 43,683 | |||
| Strattec Security Corp. |
379 | 10,013 | |||
| Superior Industries International, Inc. |
7,651 | 146,593 | |||
| Titan International, Inc. |
258 | 5,501 | |||
| Total Auto Parts & Equipment | 855,532 | ||||
| Banks – 20.4% | |||||
| 1st Source Corp. |
6,283 | 147,651 | |||
| AMCORE Financial, Inc. |
6,059 | 56,046 | |||
| American River Bankshares |
1,301 | 13,023 | |||
| Ameris Bancorp |
3,696 | 54,886 | |||
| Arrow Financial Corp. |
3,791 | 111,493 | |||
| BancFirst Corp. |
2,298 | 111,062 | |||
| Bancorp Rhode Island, Inc. |
711 | 20,441 | |||
| BancTrust Financial Group, Inc. |
6,609 | 86,710 | |||
| Bank Mutual Corp. |
14,246 | 161,692 | |||
| Bank of the Ozarks, Inc. |
2,361 | 63,747 | |||
| BankAtlantic Bancorp, Inc. Class A |
3,649 | 29,925 | |||
| Investments | Shares | Value | |||
| Banner Corp. |
3,480 | $ | 41,795 | ||
| Boston Private Financial Holdings, Inc. |
4,008 | 35,030 | |||
| Cadence Financial Corp. |
6,602 | 61,201 | |||
| Camden National Corp. |
1,687 | 58,961 | |||
| Capital Bank Corp. |
2,476 | 23,522 | |||
| Capital City Bank Group, Inc. |
3,583 | 112,327 | |||
| Capitol Bancorp Ltd. |
7,445 | 145,103 | |||
| Cardinal Financial Corp. |
1,135 | 9,171 | |||
| Cascade Financial Corp |
2,435 | 18,238 | |||
| Cass Information Systems, Inc. |
1,043 | 37,392 | |||
| Cathay General Bancorp |
6,595 | 156,961 | |||
| Center Bancorp, Inc. |
3,482 | 35,307 | |||
| Center Financial Corp. |
2,267 | 28,950 | |||
| Centerstate Banks of Florida, Inc. |
1,228 | 21,944 | |||
| Central Pacific Financial Corp. |
12,895 | 216,765 | |||
| Centrue Financial Corp |
1,265 | 17,659 | |||
| Chemical Financial Corp. |
8,968 | 279,264 | |||
| City Holding Co. |
4,841 | 204,532 | |||
| CoBiz, Inc. |
3,535 | 42,455 | |||
| Columbia Bancorp |
1,762 | 10,731 | |||
| Columbia Banking System, Inc. |
3,272 | 58,013 | |||
| Community Bank System, Inc. |
9,897 | 248,910 | |||
| Community Trust Bancorp, Inc. |
5,286 | 181,838 | |||
| CVB Financial Corp. |
22,074 | 306,829 | |||
| Enterprise Financial Services Corp. |
864 | 19,492 | |||
| Farmers Capital Bank Corp. |
2,910 | 78,628 | |||
| Fidelity Southern Corp. |
2,890 | 12,485 | |||
| Financial Institutions, Inc. |
2,731 | 54,647 | |||
| First Bancorp |
5,134 | 87,791 | |||
| First Busey Corp. |
10,666 | 195,508 | |||
| First Citizens BancShares, Inc. Class A |
534 | 95,586 | |||
| First Commonwealth Financial Corp. |
38,028 | 512,237 | |||
| First Community Bancshares, Inc. |
3,005 | 112,748 | |||
| First Financial Bancorp |
18,788 | 274,305 | |||
| First Financial Bankshares, Inc. |
5,710 | 296,235 | |||
| First Financial Corp. |
3,179 | 149,349 | |||
| First Merchants Corp. |
6,607 | 150,640 | |||
| First Midwest Bancorp, Inc. |
16,442 | 398,554 | |||
| First Security Group, Inc. |
3,396 | 24,859 | |||
| First South Bancorp, Inc. |
2,585 | 44,643 | |||
| FNB Corp./PA |
42,664 | 681,770 | |||
| FNB United Corp. |
4,524 | 33,070 | |||
| Frontier Financial Corp. |
13,509 | 181,426 | |||
| Gateway Financial Holdings, Inc. |
3,008 | 16,093 | |||
| Glacier Bancorp, Inc. |
11,775 | 291,667 | |||
| Great Southern Bancorp, Inc. |
3,313 | 42,241 | |||
| Green Bancshares, Inc. |
2,095 | 49,253 | |||
| Hancock Holding Co. |
6,828 | 348,228 | |||
| Harleysville National Corp. |
13,597 | 230,877 | |||
| Heartland Financial USA, Inc. |
2,902 | 72,724 | |||
| Heritage Commerce Corp. |
1,807 | 27,503 | |||
| Home Bancshares, Inc. |
1,284 | 33,217 | |||
| Horizon Financial Corp. |
3,096 | 28,112 | |||
| IBERIABANK Corp. |
3,092 | 163,412 | |||
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 35 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | Value | |||
| Independent Bank Corp./MI |
17,801 | $ | 110,188 | ||
| Independent Bank Corp./MA |
2,843 | 88,616 | |||
| Integra Bank Corp. |
8,290 | 66,154 | |||
| International Bancshares Corp. |
17,982 | 485,514 | |||
| Lakeland Bancorp, Inc. |
5,871 | 68,632 | |||
| Lakeland Financial Corp. |
2,746 | 60,302 | |||
| Macatawa Bank Corp. |
6,860 | 47,951 | |||
| MainSource Financial Group, Inc. |
5,297 | 103,821 | |||
| MB Financial, Inc. |
6,793 | 224,645 | |||
| MBT Financial Corp. |
10,150 | 47,096 | |||
| Mercantile Bank Corp. |
2,705 | 21,586 | |||
| MetroCorp Bancshares, Inc. |
948 | 11,969 | |||
| Nara Bancorp, Inc. |
2,143 | 24,002 | |||
| National Penn Bancshares, Inc. |
23,773 | 347,086 | |||
| NBT Bancorp, Inc. |
8,681 | 259,736 | |||
| NewBridge Bancorp |
8,218 | 39,200 | |||
| North Valley Bancorp |
2,040 | 12,158 | |||
| Northrim BanCorp, Inc. |
1,559 | 25,568 | |||
| Old National Bancorp |
32,149 | 643,622 | |||
| Old Second Bancorp, Inc. |
2,116 | 39,188 | |||
| Pacific Capital Bancorp |
17,534 | 356,817 | |||
| Pacific Continental Corp. |
2,502 | 36,629 | |||
| PacWest Bancorp |
7,283 | 208,221 | |||
| Park National Corp. |
6,723 | 524,393 | |||
| Peoples Bancorp, Inc. |
3,068 | 66,790 | |||
| Preferred Bank |
2,265 | 25,391 | |||
| PrivateBancorp, Inc. |
1,667 | 69,447 | |||
| Prosperity Bancshares, Inc. |
6,261 | 212,811 | |||
| Provident Bankshares Corp. |
15,461 | 150,126 | |||
| Renasant Corp. |
5,445 | 118,211 | |||
| Republic Bancorp, Inc. Class A |
3,743 | 113,488 | |||
| S&T Bancorp, Inc. |
8,476 | 312,171 | |||
| S.Y. Bancorp, Inc. |
3,157 | 96,667 | |||
| Sandy Spring Bancorp, Inc. |
4,212 | 93,085 | |||
| SCBT Financial Corp. |
1,547 | 58,167 | |||
| Seacoast Banking Corp. of Florida |
9,066 | 97,278 | |||
| Sierra Bancorp |
2,100 | 43,806 | |||
| Simmons First National Corp. Class A |
3,241 | 115,380 | |||
| Smithtown Bancorp, Inc. |
571 | 12,848 | |||
| South Financial Group, Inc. (The) |
26,302 | 192,794 | |||
| Southside Bancshares, Inc. |
2,700 | 68,040 | |||
| Southwest Bancorp, Inc. |
2,603 | 45,995 | |||
| State Bancorp, Inc. |
5,166 | 76,973 | |||
| StellarOne Corp. |
6,958 | 143,822 | |||
| Sterling Bancorp |
8,485 | 122,693 | |||
| Sterling Bancshares, Inc. |
11,026 | 115,222 | |||
| Sterling Financial Corp. |
9,168 | 132,936 | |||
| Suffolk Bancorp |
2,182 | 85,993 | |||
| Susquehanna Bancshares, Inc. |
24,915 | 486,341 | |||
| Temecula Valley Bancorp, Inc. |
622 | 3,390 | |||
| Tompkins Financial Corp. |
2,520 | 127,260 | |||
| TowneBank/Portsmouth VA |
938 | 20,636 | |||
| Trico Bancshares |
3,195 | 68,788 | |||
| TrustCo Bank Corp. |
39,046 | 457,229 | |||
| Investments | Shares | Value | |||
| Trustmark Corp. |
18,133 | $ | 376,078 | ||
| UMB Financial Corp. |
5,377 | 282,400 | |||
| Umpqua Holdings Corp. |
25,542 | 375,723 | |||
| Union Bankshares Corp. |
4,063 | 97,512 | |||
| United Bankshares, Inc. |
14,022 | 490,770 | |||
| United Community Banks, Inc. |
8,727 | 115,720 | |||
| United Security Bancshares |
3,154 | 51,599 | |||
| Univest Corp. of Pennsylvania |
4,106 | 151,922 | |||
| Washington Banking Co. |
1,164 | 10,534 | |||
| Washington Trust Bancorp, Inc. |
3,542 | 94,217 | |||
| WesBanco, Inc. |
8,759 | 233,165 | |||
| West Bancorp, Inc. |
7,551 | 98,390 | |||
| West Coast Bancorp |
3,440 | 50,430 | |||
| Westamerica Bancorp. |
7,257 | 417,495 | |||
| Wilshire Bancorp, Inc. |
6,182 | 75,235 | |||
| Wintrust Financial Corp. |
1,825 | 53,564 | |||
| Yadkin Valley Financial Corp. |
3,073 | 52,118 | |||
| Total Banks | 18,530,618 | ||||
| Beverages – 0.1% | |||||
| Coca-Cola Bottling Co. Consolidated |
891 | 38,901 | |||
| Farmer Bros. Co. |
2,571 | 63,941 | |||
| Total Beverages | 102,842 | ||||
| Building Materials – 0.5% | |||||
| AAON, Inc. |
2,412 | 43,874 | |||
| Apogee Enterprises, Inc. |
3,570 | 53,657 | |||
| Comfort Systems USA, Inc. |
5,124 | 68,457 | |||
| Gibraltar Industries, Inc. |
3,451 | 64,568 | |||
| LSI Industries, Inc. |
5,953 | 49,231 | |||
| Simpson Manufacturing Co., Inc. |
6,098 | 165,196 | |||
| Universal Forest Products, Inc. |
609 | 21,260 | |||
| Total Building Materials | 466,243 | ||||
| Chemicals – 3.0% | |||||
| A. Schulman, Inc. |
6,503 | 128,629 | |||
| Aceto Corp. |
4,966 | 47,624 | |||
| American Vanguard Corp. |
751 | 11,325 | |||
| Arch Chemicals, Inc. |
4,355 | 153,732 | |||
| Balchem Corp. |
563 | 15,015 | |||
| Ferro Corp. |
9,945 | 199,895 | |||
| H.B. Fuller Co. |
5,345 | 111,550 | |||
| Innophos Holdings, Inc. |
8,089 | 197,210 | |||
| KMG Chemicals, Inc. |
437 | 3,050 | |||
| Kronos Worldwide, Inc. |
24,893 | 329,832 | |||
| Minerals Technologies, Inc. |
442 | 26,237 | |||
| NewMarket Corp. |
1,967 | 103,386 | |||
| NL Industries, Inc. |
18,559 | 190,601 | |||
| Olin Corp. |
25,160 | 488,103 | |||
| Penford Corp. |
706 | 12,489 | |||
| Quaker Chemical Corp. |
3,472 | 98,813 | |||
| Sensient Technologies Corp. |
10,178 | 286,307 | |||
| Spartech Corp. |
10,511 | 104,059 | |||
| Stepan Co. |
1,961 | 107,012 | |||
| Westlake Chemical Corp. |
5,788 | 121,722 | |||
| Total Chemicals | 2,736,591 | ||||
See Notes to Financial Statements.
| 36 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | Value | |||
| Coal – 0.3% | |||||
| Penn Virginia GP Holdings LP |
12,449 | $ | 260,060 | ||
| Commercial Services – 2.3% | |||||
| Aaron Rents, Inc. |
1,336 | 36,166 | |||
| ABM Industries, Inc. |
9,951 | 217,331 | |||
| Administaff, Inc. |
3,266 | 88,901 | |||
| Advance America, Cash Advance Centers, Inc. |
34,666 | 103,651 | |||
| Arbitron, Inc. |
2,261 | 101,044 | |||
| Barrett Business Services, Inc. |
1,687 | 21,897 | |||
| Bowne & Co., Inc. |
2,634 | 30,423 | |||
| CDI Corp. |
3,673 | 82,018 | |||
| Chemed Corp. |
870 | 35,722 | |||
| Collectors Universe, Inc. |
6,118 | 56,897 | |||
| CPI Corp. |
1,115 | 11,986 | |||
| Diamond Management & Technology Consultants, Inc. |
12,167 | 57,063 | |||
| Electro Rent Corp. |
5,906 | 79,318 | |||
| Healthcare Services Group, Inc. |
8,086 | 147,893 | |||
| Heartland Payment Systems, Inc. |
3,486 | 89,102 | |||
| Heidrick & Struggles International, Inc. |
2,138 | 64,461 | |||
| Jackson Hewitt Tax Service, Inc. |
5,916 | 90,751 | |||
| Kelly Services, Inc. Class A |
7,933 | 151,124 | |||
| Landauer, Inc. |
2,913 | 211,921 | |||
| MAXIMUS, Inc. |
1,924 | 70,880 | |||
| McGrath Rentcorp |
6,215 | 179,116 | |||
| Monro Muffler, Inc. |
1,990 | 45,889 | |||
| Multi-Color Corp. |
659 | 15,744 | |||
| QC Holdings, Inc. |
6,569 | 44,932 | |||
| Stewart Enterprises, Inc. Class A |
9,112 | 71,620 | |||
| Viad Corp. |
832 | 23,953 | |||
| Total Commercial Services | 2,129,803 | ||||
| Computers – 0.4% | |||||
| Agilysys, Inc. |
2,101 | 21,199 | |||
| Imation Corp. |
9,515 | 214,943 | |||
| MTS Systems Corp. |
2,060 | 86,726 | |||
| Syntel, Inc. |
2,189 | 53,631 | |||
| Total Computers | 376,499 | ||||
| Cosmetics/Personal Care – 0.0% | |||||
| Inter Parfums, Inc. |
2,741 | 37,168 | |||
| Distribution/Wholesale – 0.8% | |||||
| Houston Wire & Cable Co. |
3,002 | 51,544 | |||
| Pool Corp. |
9,215 | 214,986 | |||
| Watsco, Inc. |
8,341 | 419,386 | |||
| Total Distribution/Wholesale | 685,916 | ||||
| Diversified Financial Services – 1.1% | |||||
| Advanta Corp. Class A |
11,769 | 58,021 | |||
| Advanta Corp. Class B |
24,626 | 202,673 | |||
| Asta Funding, Inc. |
833 | 5,839 | |||
| Calamos Asset Management, Inc. Class A |
2,523 | 45,212 | |||
| Cohen & Steers, Inc. |
8,908 | 252,365 | |||
| Evercore Partners, Inc., Class A |
2,153 | 38,711 | |||
| Federal Agricultural Mortgage Corp. Class C |
1,121 | 4,596 | |||
| Investments | Shares | Value | |||
| Financial Federal Corp. |
6,187 | $ | 141,806 | ||
| GAMCO Investors, Inc. Class A |
174 | 10,318 | |||
| JMP Group, Inc. |
4,182 | 21,746 | |||
| Sanders Morris Harris Group, Inc. |
3,943 | 34,107 | |||
| SWS Group, Inc. |
5,603 | 112,956 | |||
| Westwood Holdings Group, Inc. |
1,778 | 84,277 | |||
| Total Diversified Financial Services | 1,012,627 | ||||
| Electric – 3.9% | |||||
| ALLETE, Inc. |
10,555 | 469,697 | |||
| Avista Corp. |
12,230 | 265,513 | |||
| Black Hills Corp. |
10,101 | 313,838 | |||
| Central Vermont Public Service Corp. |
2,454 | 57,522 | |||
| CH Energy Group, Inc. |
6,427 | 280,024 | |||
| Empire District Electric Co. (The) |
14,112 | 301,291 | |||
| IDACORP, Inc. |
12,940 | 376,425 | |||
| MGE Energy, Inc. |
7,224 | 256,813 | |||
| NorthWestern Corp. |
13,523 | 339,833 | |||
| Otter Tail Corp. |
8,453 | 259,761 | |||
| UIL Holdings Corp. |
10,067 | 345,600 | |||
| UniSource Energy Corp. |
8,398 | 245,138 | |||
| Unitil Corp. |
2,344 | 61,155 | |||
| Total Electric | 3,572,610 | ||||
| Electrical Components & Equipment – 0.2% | |||||
| Encore Wire Corp. |
1,005 | 18,201 | |||
| Graham Corp. |
113 | 6,113 | |||
| Hubbell, Inc. Class A |
1,503 | 60,286 | |||
| Insteel Industries, Inc. |
1,465 | 19,909 | |||
| Vicor Corp. |
5,048 | 44,826 | |||
| Total Electrical Components & Equipment | 149,335 | ||||
| Electronics – 0.6% | |||||
| American Science & Engineering, Inc. |
1,125 | 67,196 | |||
| Analogic Corp. |
649 | 32,294 | |||
| Badger Meter, Inc. |
1,097 | 51,504 | |||
| Bel Fuse, Inc. Class B |
831 | 23,659 | |||
| CTS Corp. |
3,545 | 45,305 | |||
| Daktronics, Inc. |
1,033 | 17,210 | |||
| Keithley Instruments, Inc. |
2,075 | 17,368 | |||
| Methode Electronics, Inc. |
4,027 | 36,001 | |||
| Park Electrochemical Corp. |
2,078 | 50,371 | |||
| Sypris Solutions, Inc. |
3,511 | 5,653 | |||
| Technitrol, Inc. |
4,335 | 64,115 | |||
| Watts Water Technologies, Inc. Class A |
3,818 | 104,422 | |||
| Total Electronics | 515,098 | ||||
| Energy-Alternate Sources – 0.0% | |||||
| MGP Ingredients, Inc. |
4,173 | 11,851 | |||
| Engineering & Construction – 0.0% | |||||
| VSE Corp. |
119 | 4,014 | |||
| Entertainment – 0.3% | |||||
| Carmike Cinemas, Inc. |
6,892 | 25,363 | |||
| Churchill Downs, Inc. |
991 | 48,539 | |||
| Dover Downs Gaming & Entertainment, Inc. |
2,674 | 20,804 | |||
| Dover Motorsports, Inc. |
1,552 | 8,458 | |||
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 37 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | Value | |||
| International Speedway Corp., Class A |
559 | $ | 21,751 | ||
| National CineMedia, Inc. |
8,711 | 96,256 | |||
| Speedway Motorsports, Inc. |
3,909 | 76,147 | |||
| Total Entertainment | 297,318 | ||||
| Environmental Control – 0.2% | |||||
| American Ecology Corp. |
3,777 | 104,510 | |||
| Met-Pro Corp. |
2,433 | 35,497 | |||
| Total Environmental Control | 140,007 | ||||
| Food – 1.6% | |||||
| Arden Group, Inc. Class A |
178 | 25,920 | |||
| B&G Foods, Inc. Class A |
23,784 | 170,056 | |||
| Calavo Growers, Inc. |
2,401 | 29,916 | |||
| Cal-Maine Foods, Inc. |
366 | 10,043 | |||
| Diamond Foods, Inc. |
1,203 | 33,720 | |||
| Imperial Sugar Co. |
1,320 | 17,873 | |||
| Ingles Markets, Inc. Class A |
2,596 | 59,267 | |||
| J&J Snack Foods Corp. |
1,920 | 65,107 | |||
| Lancaster Colony Corp. |
6,920 | 260,607 | |||
| Lance, Inc. |
7,946 | 180,295 | |||
| Nash Finch Co. |
2,175 | 93,786 | |||
| Rocky Mountain Chocolate Factory, Inc. |
1,265 | 11,524 | |||
| Sanderson Farms, Inc. |
2,984 | 109,632 | |||
| Spartan Stores, Inc. |
1,815 | 45,157 | |||
| Tootsie Roll Industries, Inc. |
3,742 | 108,181 | |||
| Village Super Market, Inc. Class A |
478 | 22,786 | |||
| Weis Markets, Inc. |
6,455 | 232,445 | |||
| Total Food | 1,476,315 | ||||
| Forest Products & Paper – 0.7% | |||||
| Deltic Timber Corp. |
665 | 42,321 | |||
| Neenah Paper, Inc. |
1,897 | 37,561 | |||
| P.H. Glatfelter Co. |
9,198 | 124,541 | |||
| Rock-Tenn Co. Class A |
5,294 | 211,653 | |||
| Schweitzer-Mauduit International, Inc. |
3,065 | 58,204 | |||
| Wausau Paper Corp. |
15,098 | 152,943 | |||
| Total Forest Products & Paper | 627,223 | ||||
| Gas – 2.0% | |||||
| Chesapeake Utilities Corp. |
2,052 | 68,147 | |||
| EnergySouth, Inc. |
1,146 | 70,399 | |||
| Laclede Group, Inc. (The) |
7,700 | 373,373 | |||
| New Jersey Resources Corp. |
11,236 | 403,259 | |||
| Northwest Natural Gas Co. |
6,816 | 354,432 | |||
| South Jersey Industries, Inc. |
7,484 | 267,179 | |||
| Southwest Gas Corp. |
10,102 | 305,687 | |||
| Total Gas | 1,842,476 | ||||
| Hand/Machine Tools – 0.6% | |||||
| Baldor Electric Co. |
8,017 | 230,969 | |||
| Franklin Electric Co., Inc. |
2,510 | 111,821 | |||
| Hardinge, Inc. |
1,154 | 14,656 | |||
| L.S. Starrett (The) Co., Class A |
1,100 | 20,273 | |||
| Regal-Beloit Corp. |
3,598 | 152,987 | |||
| Total Hand/Machine Tools | 530,706 | ||||
| Investments | Shares | Value | |||
| Healthcare-Products – 0.7% | |||||
| Atrion Corp. |
153 | $ | 15,764 | ||
| Datascope Corp. |
1,389 | 71,714 | |||
| Invacare Corp. |
492 | 11,877 | |||
| Mentor Corp. |
5,806 | 138,531 | |||
| Meridian Bioscience, Inc. |
4,835 | 140,408 | |||
| Vital Signs, Inc. |
905 | 66,880 | |||
| West Pharmaceutical Services, Inc. |
3,897 | 190,251 | |||
| Young Innovations, Inc. |
428 | 8,637 | |||
| Total Healthcare-Products | 644,062 | ||||
| Healthcare-Services – 0.1% | |||||
| National Healthcare Corp. |
1,783 | 84,015 | |||
| Holding Companies-Diversified – 0.4% | |||||
| Compass Diversified Holdings |
22,896 | 319,170 | |||
| Resource America, Inc. Class A |
2,660 | 25,270 | |||
| Total Holding Companies-Diversified | 344,440 | ||||
| Home Builders – 0.5% | |||||
| Brookfield Homes Corp. |
5,580 | 80,129 | |||
| Lennar Corp. Class B |
10,774 | 131,227 | |||
| Ryland Group, Inc. (The) |
6,032 | 159,969 | |||
| Skyline Corp. |
1,505 | 39,777 | |||
| Winnebago Industries, Inc. |
5,312 | 68,631 | |||
| Total Home Builders | 479,733 | ||||
| Home Furnishings – 1.1% | |||||
| American Woodmark Corp. |
2,204 | 49,480 | |||
| Bassett Furniture Industries, Inc. |
9,233 | 78,942 | |||
| Ethan Allen Interiors, Inc. |
8,035 | 225,141 | |||
| Furniture Brands International, Inc. |
26,001 | 273,530 | |||
| Hooker Furniture Corp. |
1,928 | 34,222 | |||
| Kimball International, Inc. Class B |
9,363 | 101,120 | |||
| La-Z-Boy, Inc. |
27,474 | 256,058 | |||
| Stanley Furniture Co., Inc. |
2,617 | 23,893 | |||
| Total Home Furnishings | 1,042,386 | ||||
| Household Products/Wares – 0.7% | |||||
| American Greetings Corp. Class A |
7,084 | 108,314 | |||
| Blyth, Inc. |
7,650 | 86,751 | |||
| CSS Industries, Inc. |
1,245 | 32,046 | |||
| Ennis, Inc. |
8,141 | 125,860 | |||
| Oil-Dri Corp. of America |
887 | 15,008 | |||
| Standard Register Co. (The) |
15,497 | 152,646 | |||
| WD-40 Co. |
3,539 | 127,156 | |||
| Total Household Products/Wares | 647,781 | ||||
| Housewares – 0.1% | |||||
| Libbey, Inc. |
723 | 6,153 | |||
| Lifetime Brands, Inc. |
2,029 | 19,783 | |||
| National Presto Industries, Inc. |
1,044 | 77,777 | |||
| Total Housewares | 103,713 | ||||
| Insurance – 3.8% | |||||
| 21st Century Holding Co. |
3,562 | 18,736 | |||
| Affirmative Insurance Holdings, Inc. |
1,027 | 3,245 | |||
| American Equity Investment Life Holding Co. |
3,233 | 24,248 | |||
See Notes to Financial Statements.
| 38 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | Value | |||
| American Physicians Capital, Inc. |
815 | $ | 34,499 | ||
| Amtrust Financial Services, Inc. |
3,627 | 49,291 | |||
| Baldwin & Lyons, Inc. Class B |
3,932 | 94,250 | |||
| Donegal Group, Inc. Class A |
3,414 | 61,896 | |||
| Eastern Insurance Holdings, Inc. |
1,011 | 13,568 | |||
| EMC Insurance Group, Inc. |
3,479 | 102,561 | |||
| Employers Holdings, Inc. |
5,988 | 104,071 | |||
| FBL Financial Group, Inc. Class A |
3,308 | 92,260 | |||
| Harleysville Group, Inc. |
6,960 | 263,089 | |||
| Hilb Rogal & Hobbs Co. |
3,833 | 179,154 | |||
| Horace Mann Educators Corp. |
7,912 | 101,827 | |||
| Independence Holding Co. |
412 | 4,759 | |||
| Infinity Property & Casualty Corp. |
1,336 | 55,043 | |||
| LandAmerica Financial Group, Inc. |
5,015 | 121,614 | |||
| Life Partners Holdings, Inc. |
811 | 29,172 | |||
| Mercer Insurance Group, Inc. |
565 | 9,074 | |||
| National Interstate Corp. |
897 | 21,555 | |||
| National Western Life Insurance Co., Class A |
59 | 14,282 | |||
| NYMAGIC, Inc. |
984 | 24,846 | |||
| Phoenix Cos., Inc. (The) |
12,560 | 116,054 | |||
| PMI Group, Inc. (The) |
10,414 | 30,721 | |||
| Presidential Life Corp. |
6,996 | 110,467 | |||
| Radian Group, Inc. |
5,011 | 25,255 | |||
| RLI Corp. |
3,152 | 195,708 | |||
| Safety Insurance Group, Inc. |
5,969 | 226,404 | |||
| Selective Insurance Group, Inc. |
10,497 | 240,591 | |||
| State Auto Financial Corp. |
7,531 | 218,926 | |||
| Stewart Information Services Corp. |
4,047 | 120,398 | |||
| Tower Group, Inc. |
1,083 | 25,515 | |||
| United Fire & Casualty Co. |
4,618 | 132,029 | |||
| Universal Insurance Holdings, Inc. |
12,930 | 44,996 | |||
| Zenith National Insurance Corp. |
15,067 | 552,056 | |||
| Total Insurance | 3,462,160 | ||||
| Internet – 0.4% | |||||
| Imergent, Inc. |
3,657 | 40,958 | |||
| TheStreet.com, Inc. |
1,672 | 10,015 | |||
| United Online, Inc. |
37,785 | 355,558 | |||
| Total Internet | 406,531 | ||||
| Investment Companies – 3.5% | |||||
| Ares Capital Corp. |
70,080 | 730,934 | |||
| BlackRock Kelso Capital Corp. |
50,181 | 578,587 | |||
| Capital Southwest Corp. |
202 | 28,694 | |||
| Gladstone Capital Corp. |
12,317 | 187,711 | |||
| Gladstone Investment Corp. |
12,790 | 87,995 | |||
| Hercules Technology Growth Capital, Inc. |
28,171 | 273,259 | |||
| Kohlberg Capital Corp. |
17,838 | 153,228 | |||
| Medallion Financial Corp. |
10,909 | 114,217 | |||
| MVC Capital, Inc. |
5,904 | 90,036 | |||
| NGP Capital Resources Co. |
13,380 | 194,947 | |||
| Patriot Capital Funding, Inc. |
22,051 | 140,465 | |||
| PennantPark Investment Corp. |
15,816 | 117,197 | |||
| Prospect Capital Corp. |
21,958 | 281,282 | |||
| TICC Capital Corp. |
27,192 | 139,767 | |||
| Investments | Shares | Value | |||
| Tortoise Capital Resources Corp. |
5,628 | $ | 50,033 | ||
| Total Investment Companies | 3,168,352 | ||||
| Iron/Steel – 0.3% | |||||
| Great Northern Iron Ore Properties |
1,090 | 75,210 | |||
| Mesabi Trust |
10,202 | 197,409 | |||
| Olympic Steel, Inc. |
447 | 13,182 | |||
| Schnitzer Steel Industries, Inc. Class A |
185 | 7,259 | |||
| Total Iron/Steel | 293,060 | ||||
| Leisure Time – 0.3% | |||||
| Ambassadors Group, Inc. |
4,343 | 69,097 | |||
| Arctic Cat, Inc. |
2,175 | 19,901 | |||
| Callaway Golf Co. |
8,946 | 125,871 | |||
| Marine Products Corp. |
9,868 | 81,904 | |||
| Total Leisure Time | 296,773 | ||||
| Lodging – 0.1% | |||||
| Marcus Corp. |
3,860 | 62,069 | |||
| Sonesta International Hotels Corp. Class A |
125 | 2,600 | |||
| Total Lodging | 64,669 | ||||
| Machinery-Diversified – 1.4% | |||||
| Alamo Group, Inc. |
983 | 16,760 | |||
| Albany International Corp. Class A |
2,526 | 69,036 | |||
| Applied Industrial Technologies, Inc. |
7,047 | 189,776 | |||
| Briggs & Stratton Corp. |
16,085 | 260,254 | |||
| Cascade Corp. |
1,523 | 66,723 | |||
| Cognex Corp. |
6,067 | 122,311 | |||
| Gorman-Rupp Co. (The) |
1,937 | 73,064 | |||
| Lindsay Co. |
429 | 31,210 | |||
| NACCO Industries, Inc. Class A |
1,163 | 109,927 | |||
| Robbins & Myers, Inc. |
1,054 | 32,600 | |||
| Sauer-Danfoss, Inc. |
11,250 | 277,762 | |||
| Tennant Co. |
1,683 | 57,660 | |||
| Twin Disc, Inc. |
771 | 10,609 | |||
| Total Machinery-Diversified | 1,317,692 | ||||
| Media – 1.3% | |||||
| Belo Corp. Class A |
22,064 | 131,501 | |||
| Courier Corp. |
2,589 | 52,712 | |||
| Entercom Communications Corp. Class A |
26,355 | 132,302 | |||
| Gray Television, Inc. |
4,585 | 7,886 | |||
| Hearst-Argyle Television, Inc. |
5,614 | 125,361 | |||
| Journal Communications, Inc. Class A |
12,825 | 62,586 | |||
| Lee Enterprises, Inc. |
16,574 | 58,009 | |||
| McClatchy Co. Class A |
27,189 | 119,632 | |||
| Media General, Inc. Class A |
8,171 | 101,566 | |||
| Sinclair Broadcast Group, Inc. Class A |
29,036 | 146,341 | |||
| Value Line, Inc. |
2,398 | 80,309 | |||
| World Wrestling Entertainment, Inc. Class A |
12,873 | 199,017 | |||
| Total Media | 1,217,222 | ||||
| Metal Fabricate/Hardware – 0.6% | |||||
| A. M. Castle & Co. |
1,788 | 30,897 | |||
| Ampco-Pittsburgh Corp. |
1,426 | 36,933 | |||
| CIRCOR International, Inc. |
466 | 20,238 | |||
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 39 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | Value | |||
| Dynamic Materials Corp. |
210 | $ | 4,874 | ||
| Eastern Co. (The) |
855 | 11,543 | |||
| Kaydon Corp. |
2,670 | 120,309 | |||
| Lawson Products, Inc. |
1,734 | 47,945 | |||
| Mueller Industries, Inc. |
4,403 | 101,313 | |||
| Mueller Water Products, Inc. Class A |
1,747 | 15,688 | |||
| Mueller Water Products, Inc. Class B |
5,055 | 32,858 | |||
| NN, Inc. |
5,227 | 67,167 | |||
| Sun Hydraulics Corp. |
1,840 | 47,914 | |||
| Total Metal Fabricate/Hardware | 537,679 | ||||
| Mining – 0.8% | |||||
| AMCOL International Corp. |
4,699 | 146,891 | |||
| Compass Minerals International, Inc. |
8,384 | 439,237 | |||
| Kaiser Aluminum Corp. |
1,685 | 72,371 | |||
| Royal Gold, Inc. |
2,533 | 91,087 | |||
| Total Mining | 749,586 | ||||
| Miscellaneous Manufacturing – 1.0% | |||||
| A.O. Smith Corp. |
3,934 | 154,173 | |||
| American Railcar Industries, Inc. |
1,023 | 16,409 | |||
| Ameron International Corp. |
736 | 52,734 | |||
| Chase Corp. |
833 | 10,413 | |||
| Federal Signal Corp. |
8,622 | 118,121 | |||
| FreightCar America, Inc. |
640 | 18,733 | |||
| Koppers Holdings, Inc. |
2,863 | 107,105 | |||
| Matthews International Corp. Class A |
1,281 | 64,998 | |||
| Myers Industries, Inc. |
4,397 | 55,446 | |||
| Portec Rail Products, Inc. |
1,683 | 14,104 | |||
| Quixote Corp. |
1,505 | 12,341 | |||
| Raven Industries, Inc. |
1,863 | 73,309 | |||
| Standex International Corp. |
4,792 | 132,978 | |||
| Synalloy Corp. |
431 | 5,840 | |||
| Tredegar Corp. |
3,167 | 56,341 | |||
| Total Miscellaneous Manufacturing | 893,045 | ||||
| Office Furnishings – 0.5% | |||||
| Interface, Inc. Class A |
2,249 | 25,571 | |||
| Knoll, Inc. |
10,882 | 164,536 | |||
| Steelcase, Inc. Class A |
26,982 | 290,057 | |||
| Virco Manufacturing |
2,196 | 7,532 | |||
| Total Office Furnishings | 487,696 | ||||
| Office/Business Equipment – 0.2% | |||||
| IKON Office Solutions, Inc. |
12,166 | 206,944 | |||
| Oil & Gas – 0.2% | |||||
| Adams Resources & Energy, Inc. |
642 | 14,625 | |||
| Alon USA Energy, Inc. |
2,044 | 27,553 | |||
| Atlas America, Inc. |
1,162 | 39,636 | |||
| Barnwell Industries, Inc. |
1,256 | 11,882 | |||
| Delek US Holdings, Inc. |
3,198 | 29,645 | |||
| Panhandle Oil and Gas, Inc. |
806 | 23,076 | |||
| Total Oil & Gas | 146,417 | ||||
| Oil & Gas Services – 0.6% | |||||
| CARBO Ceramics, Inc. |
3,025 | 156,120 | |||
| Investments | Shares | Value | |||
| Gulf Island Fabrication, Inc. |
1,566 | $ | 53,980 | ||
| Lufkin Industries, Inc. |
1,950 | 154,733 | |||
| RPC, Inc. |
14,209 | 199,778 | |||
| Total Oil & Gas Services | 564,611 | ||||
| Packaging & Containers – 0.2% | |||||
| Greif, Inc. Class A |
3,415 | 224,092 | |||
| Pharmaceuticals – 0.1% | |||||
| Mannatech, Inc. |
13,605 | 54,420 | |||
| Medicis Pharmaceutical Corp. Class A |
2,123 | 31,654 | |||
| Reliv’ International, Inc. |
1,522 | 7,686 | |||
| Total Pharmaceuticals | 93,760 | ||||
| Real Estate – 0.1% | |||||
| Consolidated-Tomoka Land Co. |
292 | 12,611 | |||
| Forest City Enterprises, Inc. Class B |
1,287 | 39,665 | |||
| Thomas Properties Group, Inc. |
4,380 | 44,239 | |||
| Total Real Estate | 96,515 | ||||
| REITS – 24.7% | |||||
| Acadia Realty Trust |
8,221 | 207,827 | |||
| Agree Realty Corp. |
4,297 | 122,894 | |||
| American Campus Communities, Inc. |
14,322 | 485,229 | |||
| American Land Lease, Inc. |
3,104 | 60,311 | |||
| Ashford Hospitality Trust, Inc. |
110,837 | 448,890 | |||
| Associated Estates Realty Corp. |
9,009 | 117,387 | |||
| BioMed Realty Trust, Inc. |
28,461 | 752,793 | |||
| CapLease, Inc. |
32,916 | 261,024 | |||
| Cedar Shopping Centers, Inc. |
30,971 | 409,437 | |||
| Cogdell Spencer, Inc. |
9,039 | 144,986 | |||
| Colonial Properties Trust |
35,632 | 665,962 | |||
| Cousins Properties, Inc. |
28,306 | 714,160 | |||
| EastGroup Properties, Inc. |
9,380 | 455,305 | |||
| Education Realty Trust, Inc. |
18,039 | 199,872 | |||
| Entertainment Properties Trust |
14,829 | 811,443 | |||
| Equity Lifestyle Properties, Inc. |
2,663 | 141,219 | |||
| Extra Space Storage, Inc. |
39,515 | 606,950 | |||
| FelCor Lodging Trust, Inc. |
37,075 | 265,457 | |||
| First Potomac Realty Trust |
15,791 | 271,447 | |||
| Franklin Street Properties Corp. |
47,710 | 620,230 | |||
| Getty Realty Corp. |
14,328 | 317,652 | |||
| Gladstone Commercial Corp. |
6,514 | 98,622 | |||
| Glimcher Realty Trust |
42,151 | 440,056 | |||
| Healthcare Realty Trust, Inc. |
26,279 | 766,033 | |||
| Hersha Hospitality Trust |
24,479 | 182,124 | |||
| Home Properties, Inc. |
16,261 | 942,325 | |||
| Inland Real Estate Corp. |
35,562 | 557,968 | |||
| Investors Real Estate Trust |
33,021 | 369,505 | |||
| Kite Realty Group Trust |
13,206 | 145,266 | |||
| LaSalle Hotel Properties |
20,088 | 468,452 | |||
| Lexington Realty Trust |
49,435 | 851,271 | |||
| LTC Properties, Inc. |
11,454 | 335,831 | |||
| Medical Properties Trust, Inc. |
44,173 | 501,364 | |||
| Mid-America Apartment Communities, Inc. |
11,789 | 579,311 | |||
| Mission West Properties, Inc. |
10,615 | 103,390 | |||
See Notes to Financial Statements.
| 40 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | Value | |||
| Monmouth Real Estate Investment Trust Class A |
14,858 | $ | 115,744 | ||
| National Health Investors, Inc. |
15,188 | 519,126 | |||
| Omega Healthcare Investors, Inc. |
39,653 | 779,578 | |||
| One Liberty Properties, Inc. |
6,432 | 113,653 | |||
| Parkway Properties, Inc. |
9,135 | 345,851 | |||
| Pennsylvania Real Estate Investment Trust |
24,799 | 467,461 | |||
| Post Properties, Inc. |
17,507 | 489,671 | |||
| PS Business Parks, Inc. |
5,844 | 336,614 | |||
| Public Storage, Inc. Class A |
7,152 | 186,238 | |||
| Ramco-Gershenson Properties Trust |
13,128 | 294,330 | |||
| Saul Centers, Inc. |
5,209 | 263,263 | |||
| Sovran Self Storage, Inc. |
10,940 | 488,909 | |||
| Strategic Hotels & Resorts, Inc. |
32,965 | 248,886 | |||
| Sun Communities, Inc. |
17,290 | 342,515 | |||
| Sunstone Hotel Investors, Inc. |
34,658 | 467,883 | |||
| Supertel Hospitality, Inc. |
13,500 | 54,675 | |||
| Tanger Factory Outlet Centers, Inc. |
9,760 | 427,390 | |||
| UMH Properties, Inc. |
7,664 | 53,265 | |||
| Universal Health Realty Income Trust |
6,470 | 251,683 | |||
| Urstadt Biddle Properties, Inc. |
3,246 | 54,760 | |||
| Urstadt Biddle Properties, Inc. Class A |
9,007 | 168,881 | |||
| U-Store-It Trust |
56,298 | 690,776 | |||
| Washington Real Estate Investment Trust |
21,357 | 782,307 | |||
| Winthrop Realty Trust |
27,192 | 106,049 | |||
| Total REITS | 22,471,501 | ||||
| Retail – 3.5% | |||||
| Ark Restaurants Corp. |
1,423 | 22,825 | |||
| Asbury Automotive Group, Inc. |
15,766 | 181,624 | |||
| Bebe Stores, Inc. |
11,830 | 115,579 | |||
| Big 5 Sporting Goods Corp. |
4,497 | 46,409 | |||
| Bob Evans Farms, Inc. |
6,007 | 163,931 | |||
| Bon-Ton Stores, Inc. (The) |
2,383 | 6,482 | |||
| Books-A-Million, Inc. |
4,231 | 21,155 | |||
| Brown Shoe Co., Inc. |
5,970 | 97,789 | |||
| Buckle, Inc. (The) |
6,953 | 386,169 | |||
| Casey’s General Stores, Inc. |
3,882 | 117,120 | |||
| Cash America International, Inc. |
1,098 | 39,572 | |||
| Cato Corp. (The) Class A |
11,374 | 199,614 | |||
| CBRL Group, Inc. |
4,460 | 117,298 | |||
| Christopher & Banks Corp. |
4,964 | 38,074 | |||
| CKE Restaurants, Inc. |
7,942 | 84,185 | |||
| Dillard’s, Inc. Class A |
5,287 | 62,387 | |||
| DineEquity Inc. |
3,602 | 60,730 | |||
| Fred’s, Inc. Class A |
2,893 | 41,138 | |||
| Group 1 Automotive, Inc. |
4,162 | 90,440 | |||
| Haverty Furniture Cos., Inc. |
4,270 | 48,849 | |||
| Kenneth Cole Productions, Inc. Class A |
3,937 | 57,874 | |||
| Landry’s Restaurants, Inc. |
1,218 | 18,940 | |||
| Lithia Motors, Inc. Class A |
4,624 | 19,929 | |||
| Movado Group, Inc. |
1,726 | 38,576 | |||
| Nu Skin Enterprises, Inc. Class A |
13,669 | 221,711 | |||
| O’Charley’s, Inc. |
2,856 | 24,990 | |||
| PEP Boys-Manny, Moe & Jack (The) |
10,469 | 64,698 | |||
| PriceSmart, Inc. |
2,386 | 39,942 | |||
| Investments | Shares | Value | |||
| Regis Corp. |
2,149 | $ | 59,098 | ||
| Ruby Tuesday, Inc. |
18,554 | 107,428 | |||
| Sonic Automotive, Inc. Class A |
8,321 | 70,396 | |||
| Sport Supply Group, Inc. |
1,071 | 11,781 | |||
| Stage Stores, Inc. |
4,116 | 56,225 | |||
| Talbots, Inc. |
18,382 | 240,803 | |||
| Wendy’s/Arby’s Group, Inc. Class A |
31,307 | 164,675 | |||
| World Fuel Services Corp. |
1,129 | 26,001 | |||
| Total Retail | 3,164,437 | ||||
| Savings & Loans – 3.8% | |||||
| Abington Bancorp Inc. |
3,810 | 38,557 | |||
| American Bancorp of New Jersey, Inc. |
1,532 | 15,274 | |||
| Anchor Bancorp Wisconsin, Inc. |
5,406 | 39,734 | |||
| BankFinancial Corp. |
3,195 | 46,903 | |||
| Benjamin Franklin Bancorp, Inc. |
1,437 | 16,195 | |||
| Berkshire Hills Bancorp, Inc. |
2,013 | 64,416 | |||
| Brookline Bancorp, Inc. |
16,774 | 214,539 | |||
| CFS Bancorp, Inc. |
2,781 | 25,724 | |||
| Clifton Savings Bancorp, Inc. |
4,710 | 56,473 | |||
| Dime Community Bancshares |
12,018 | 182,914 | |||
| Downey Financial Corp. |
3,401 | 9,523 | |||
| First Defiance Financial Corp. |
2,693 | 29,650 | |||
| First Financial Holdings, Inc. |
3,566 | 93,358 | |||
| First Niagara Financial Group, Inc. |
42,032 | 662,004 | |||
| First Place Financial Corp. |
6,164 | 79,207 | |||
| Flushing Financial Corp. |
5,372 | 94,010 | |||
| HMN Financial, Inc. |
1,726 | 21,368 | |||
| Home Federal Bancorp, Inc. |
2,538 | 32,360 | |||
| Kearny Financial Corp. |
9,363 | 114,603 | |||
| K-Fed Bancorp |
4,484 | 41,073 | |||
| Legacy Bancorp, Inc. |
889 | 12,002 | |||
| NewAlliance Bancshares, Inc. |
20,879 | 313,811 | |||
| Northeast Community Bancorp, Inc. |
1,102 | 8,816 | |||
| Northwest Bancorp, Inc. |
13,074 | 360,058 | |||
| OceanFirst Financial Corp. |
5,404 | 97,920 | |||
| Provident Financial Holdings, Inc. |
2,201 | 19,369 | |||
| Provident Financial Services, Inc. |
15,734 | 259,768 | |||
| Provident New York Bancorp |
6,429 | 84,991 | |||
| Riverview Bancorp, Inc. |
3,176 | 19,056 | |||
| Rockville Financial, Inc. |
1,906 | 30,020 | |||
| Roma Financial Corp. |
4,016 | 59,236 | |||
| TierOne Corp. |
1,750 | 8,978 | |||
| United Community Financial Corp. |
14,358 | 71,790 | |||
| United Financial Bancorp, Inc. |
3,219 | 47,802 | |||
| United Western Bancorp, Inc. |
636 | 7,950 | |||
| ViewPoint Financial Group |
2,750 | 48,125 | |||
| Westfield Financial, Inc. |
5,278 | 54,363 | |||
| Willow Grove Bancorp, Inc. |
6,975 | 63,752 | |||
| WSFS Financial Corp. |
352 | 21,120 | |||
| Total Savings & Loans | 3,466,812 | ||||
| Semiconductors – 0.1% | |||||
| Cohu, Inc. |
3,095 | 48,963 | |||
| Micrel, Inc. |
9,427 | 85,503 | |||
| Total Semiconductors | 134,466 | ||||
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 41 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | Value | |||
| Shipbuilding – 0.0% | |||||
| Todd Shipyards Corp. |
1,301 | $ | 17,564 | ||
| Software – 1.1% | |||||
| Acxiom Corp. |
14,933 | 187,260 | |||
| American Software, Inc. Class A |
8,278 | 45,115 | |||
| Blackbaud, Inc. |
4,454 | 82,176 | |||
| Computer Programs & Systems, Inc. |
5,881 | 170,255 | |||
| infoGROUP, Inc. |
12,552 | 82,969 | |||
| Pegasystems, Inc. |
2,965 | 38,278 | |||
| QAD, Inc. |
2,818 | 19,501 | |||
| Quality Systems, Inc. |
7,151 | 302,201 | |||
| Renaissance Learning, Inc. |
4,303 | 55,896 | |||
| Schawk, Inc. |
1,862 | 28,153 | |||
| Total Software | 1,011,804 | ||||
| Telecommunications – 2.3% | |||||
| Adtran, Inc. |
8,709 | 169,738 | |||
| Alaska Communications Systems Group, Inc. |
20,655 | 252,611 | |||
| Applied Signal Technology, Inc. |
3,986 | 69,277 | |||
| Atlantic Tele-Network, Inc. |
2,338 | 65,464 | |||
| Black Box Corp. |
945 | 32,631 | |||
| Consolidated Communications Holdings, Inc. |
19,210 | 289,687 | |||
| D&E Communications, Inc. |
4,484 | 33,854 | |||
| FairPoint Communications, Inc. |
29,496 | 255,730 | |||
| HickoryTech Corp. |
6,322 | 36,731 | |||
| Iowa Telecommunications Services, Inc. |
26,182 | 489,079 | |||
| NTELOS Holdings Corp. |
10,530 | 283,152 | |||
| Plantronics, Inc. |
3,167 | 71,321 | |||
| Preformed Line Products Co. |
604 | 35,237 | |||
| Shenandoah Telecommunications Co. |
2,280 | 50,320 | |||
| Total Telecommunications | 2,134,832 | ||||
| Textiles – 0.1% | |||||
| G&K Services, Inc. Class A |
903 | 29,844 | |||
| UniFirst Corp. |
444 | 19,132 | |||
| Total Textiles | 48,976 | ||||
| Transportation – 0.9% | |||||
| Arkansas Best Corp. |
5,671 | 191,056 | |||
| Forward Air Corp. |
2,148 | 58,490 | |||
| Heartland Express, Inc. |
4,578 | 71,051 | |||
| Horizon Lines, Inc. Class A |
6,495 | 64,106 | |||
| Knight Transportation, Inc. |
5,596 | 94,964 | |||
| Pacer International, Inc. |
13,000 | 214,109 | |||
| Werner Enterprises, Inc. |
6,974 | 151,406 | |||
| Total Transportation | 845,182 | ||||
| Trucking & Leasing – 0.5% | |||||
| Greenbrier Cos., Inc. |
2,040 | 39,800 | |||
| TAL International Group, Inc. |
18,298 | 380,965 | |||
| Total Trucking & Leasing | 420,765 | ||||
| Water – 0.7% | |||||
| American States Water Co. |
3,415 | 131,478 | |||
| Artesian Resources Corp. |
1,756 | 29,729 | |||
| California Water Service Group |
5,263 | 202,626 | |||
| Investments | Shares | Value | |||
| Connecticut Water Service, Inc. |
2,558 | $ | 74,054 | ||
| Middlesex Water Co. |
4,015 | 70,142 | |||
| SJW Corp. |
2,691 | 80,649 | |||
| Southwest Water Co. |
3,652 | 46,563 | |||
| York Water Co. |
2,879 | 35,642 | |||
| Total Water | 670,883 | ||||
| TOTAL COMMON STOCKS (Cost: $109,757,705) |
90,775,751 | ||||
| WARRANTS* – 0.0% | |||||
| Banks – 0.0% | |||||
| Valley National Bancorp, expiring 6/30/15 |
|||||
| (Cost: $0) | 232 | 1,234 | |||
| TOTAL LONG-TERM INVESTMENTS (Cost: $109,757,705) |
90,776,985 | ||||
| SHORT-TERM INVESTMENT – 0.3% | |||||
| MONEY MARKET FUND – 0.3% | |||||
| Columbia Cash Reserves Fund, 2.08%(a) |
|||||
| (Cost: $240,661) | 240,661 | 240,661 | |||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.0% | |||||
| MONEY MARKET FUND(b) – 0.0% | |||||
| UBS Private Money Market Fund LLC, 3.01% |
|||||
| (Cost: $5,214)(c) | 5,214 | 5,214 | |||
| TOTAL INVESTMENTS IN SECURITIES – 99.6% (Cost: $110,003,580)(d) |
91,022,860 | ||||
| Other Assets in Excess of Liabilities – 0.4% |
371,496 | ||||
| NET ASSETS – 100.0% | $ | 91,394,356 | |||
| * | Non–income producing security. |
| LP – Limited Partnership |
| (a) |
Rate shown represents annualized 7-day yield as of September 30, 2008. |
| (b) |
Interest rate shown reflects yield as of September 30, 2008. |
| (c) |
At September 30, 2008, the total market value of the Fund’s securities on loan was $0 and the total market value of the collateral held by the Fund was $5,214. |
| (d) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 42 | WisdomTree Domestic Dividend Funds |
Table of Contents
Statements of Assets and Liabilities (unaudited)
WisdomTree Domestic Dividend Funds
September 30, 2008
| WisdomTree Dividend Fund |
WisdomTree High-Yielding Equity Fund |
WisdomTree LargeCap Dividend Fund |
WisdomTree Top 100 Fund |
WisdomTree MidCap Dividend Fund |
WisdomTree SmallCap Dividend Fund |
|||||||||||||||||||
| ASSETS: |
||||||||||||||||||||||||
| Investments, at cost: |
$ | 105,038,553 | $ | 167,009,323 | $ | 325,355,287 | $ | 176,558,016 | $ | 108,078,306 | $ | 110,003,580 | ||||||||||||
| Investments in securities, at value (including securities on loan) (Note 2) |
87,072,578 | 125,050,805 | 264,673,441 | 131,382,663 | 88,031,673 | 91,022,860 | ||||||||||||||||||
| Cash |
19,746 | — | — | — | — | — | ||||||||||||||||||
| Receivables: |
||||||||||||||||||||||||
| Dividends and interest |
188,891 | 301,946 | 548,088 | 439,771 | 266,665 | 350,413 | ||||||||||||||||||
| Investment securities sold |
165,253 | 551,903 | 612,444 | 2,691,676 | 208,634 | 41,885 | ||||||||||||||||||
| Capital shares sold |
— | 2,189,724 | — | — | 4,694,576 | 2,149,501 | ||||||||||||||||||
| Total Assets |
87,446,468 | 128,094,378 | 265,833,973 | 134,514,110 | 93,201,548 | 93,564,659 | ||||||||||||||||||
| LIABILITIES: |
||||||||||||||||||||||||
| Due to custodian |
— | — | — | 47,195 | 123,692 | — | ||||||||||||||||||
| Payables: |
||||||||||||||||||||||||
| Investment securities purchased |
— | 2,184,804 | — | — | 4,674,194 | 2,136,889 | ||||||||||||||||||
| Collateral for securities on loan (Note 2) |
5 | 910 | 893 | — | 411 | 5,214 | ||||||||||||||||||
| Advisory fees (Note 3) |
19,833 | 40,200 | 65,135 | 45,417 | 28,527 | 27,877 | ||||||||||||||||||
| Service fees (Note 2) |
312 | 466 | 1,024 | 526 | 330 | 323 | ||||||||||||||||||
| Total Liabilities |
20,150 | 2,226,380 | 67,052 | 93,138 | 4,827,154 | 2,170,303 | ||||||||||||||||||
| NET ASSETS |
$ | 87,426,318 | $ | 125,867,998 | $ | 265,766,921 | $ | 134,420,972 | $ | 88,374,394 | $ | 91,394,356 | ||||||||||||
| NET ASSETS: |
||||||||||||||||||||||||
| Paid-in capital |
$ | 110,575,902 | $ | 179,529,893 | $ | 342,598,878 | $ | 191,907,918 | $ | 114,013,968 | $ | 121,414,558 | ||||||||||||
| Undistributed net investment income |
148,686 | 309,153 | 304,757 | 272,257 | 405,735 | 492,931 | ||||||||||||||||||
| Accumulated net realized loss on investments |
(5,332,295 | ) | (12,012,530 | ) | (16,454,868 | ) | (12,583,850 | ) | (5,998,676 | ) | (11,532,413 | ) | ||||||||||||
| Net unrealized depreciation on investments |
(17,965,975 | ) | (41,958,518 | ) | (60,681,846 | ) | (45,175,353 | ) | (20,046,633 | ) | (18,980,720 | ) | ||||||||||||
| NET ASSETS |
$ | 87,426,318 | $ | 125,867,998 | $ | 265,766,921 | $ | 134,420,972 | $ | 88,374,394 | $ | 91,394,356 | ||||||||||||
| Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized) |
1,900,000 | 3,000,000 | 5,750,000 | 2,950,000 | 1,950,000 | 2,050,000 | ||||||||||||||||||
| Net asset value per share |
$ | 46.01 | $ | 41.96 | $ | 46.22 | $ | 45.57 | $ | 45.32 | $ | 44.58 | ||||||||||||
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 43 |
Table of Contents
Statements of Operations (unaudited)
WisdomTree Domestic Dividend Funds
For the Six Months Ended September 30, 2008
| WisdomTree Dividend Fund |
WisdomTree High-Yielding Equity Fund |
WisdomTree LargeCap Dividend Fund |
WisdomTree Top 100 Fund |
WisdomTree MidCap Dividend Fund |
WisdomTree SmallCap Dividend Fund |
|||||||||||||||||||
| INVESTMENT INCOME: |
||||||||||||||||||||||||
| Dividends |
$ | 1,623,681 | $ | 3,726,472 | $ | 5,275,346 | $ | 3,580,594 | $ | 1,993,160 | $ | 2,236,169 | ||||||||||||
| Interest |
4,174 | 5,621 | 12,259 | 6,968 | 3,665 | 3,767 | ||||||||||||||||||
| Securities lending income (Note 2) |
11,435 | 42,410 | 38,052 | 138,655 | 50,979 | 86,599 | ||||||||||||||||||
| Total investment income |
1,639,290 | 3,774,503 | 5,325,657 | 3,726,217 | 2,047,804 | 2,326,535 | ||||||||||||||||||
| EXPENSES: |
||||||||||||||||||||||||
| Advisory fees (Note 3) |
122,504 | 256,873 | 423,601 | 309,713 | 166,403 | 164,488 | ||||||||||||||||||
| Service fees (Note 2) |
1,925 | 2,974 | 6,657 | 3,586 | 1,927 | 1,904 | ||||||||||||||||||
| Total expenses |
124,429 | 259,847 | 430,258 | 313,299 | 168,330 | 166,392 | ||||||||||||||||||
| Net investment income |
1,514,861 | 3,514,656 | 4,895,399 | 3,412,918 | 1,879,474 | 2,160,143 | ||||||||||||||||||
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |
||||||||||||||||||||||||
| Net realized gain (loss) from: |
||||||||||||||||||||||||
| Investment transactions |
(4,057,422 | ) | (9,747,559 | ) | (12,598,139 | ) | (8,515,988 | ) | (3,902,381 | ) | (5,860,134 | ) | ||||||||||||
| In-kind redemptions |
— | 646,941 | 1,265,217 | (504,009 | ) | 1,906,214 | — | |||||||||||||||||
| Net realized loss |
(4,057,422 | ) | (9,100,618 | ) | (11,332,922 | ) | (9,019,997 | ) | (1,996,167 | ) | (5,860,134 | ) | ||||||||||||
| Net change in unrealized appreciation (depreciation) on investments |
(5,833,114 | ) | (9,319,130 | ) | (27,675,348 | ) | (10,131,347 | ) | (2,397,899 | ) | 1,986,914 | |||||||||||||
| Net realized and unrealized loss on investments |
(9,890,536 | ) | (18,419,748 | ) | (39,008,270 | ) | (19,151,344 | ) | (4,394,066 | ) | (3,873,220 | ) | ||||||||||||
| NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS |
$ | (8,375,675 | ) | $ | (14,905,092 | ) | $ | (34,112,871 | ) | $ | (15,738,426 | ) | $ | (2,514,592 | ) | $ | (1,713,077 | ) | ||||||
See Notes to Financial Statements.
| 44 | WisdomTree Domestic Dividend Funds |
Table of Contents
Statements of Changes in Net Assets
WisdomTree Domestic Dividend Funds
| WisdomTree Total Dividend Fund |
WisdomTree High-Yielding Equity Fund |
WisdomTree LargeCap Dividend Fund |
||||||||||||||||||||||
| For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
For the Six Months Ended September 30, 2008 (unaudited) |
For the March 31, 2008 |
For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended |
|||||||||||||||||||
| DECREASE IN NET ASSETS RESULTING FROM OPERATIONS: |
|
|||||||||||||||||||||||
| Net investment income |
$ | 1,514,861 | $ | 2,787,757 | $ | 3,514,656 | $ | 7,516,728 | $ | 4,895,399 | $ | 8,696,117 | ||||||||||||
| Net realized gain (loss) on investments |
(4,057,422 | ) | 5,955,523 | (9,100,618 | ) | 8,121,969 | (11,332,922 | ) | 21,183,264 | |||||||||||||||
| Net change in unrealized depreciation on investments |
(5,833,114 | ) | (16,538,355 | ) | (9,319,130 | ) | (38,569,875 | ) | (27,675,348 | ) | (46,062,663 | ) | ||||||||||||
| Net decrease in net assets resulting from operations |
(8,375,675 | ) | (7,795,075 | ) | (14,905,092 | ) | (22,931,178 | ) | (34,112,871 | ) | (16,183,282 | ) | ||||||||||||
| DIVIDENDS AND DISTRIBUTIONS: |
|
|||||||||||||||||||||||
| Net investment income |
(1,424,089 | ) | (2,780,651 | ) | (3,366,735 | ) | (7,516,173 | ) | (4,717,349 | ) | (8,717,982 | ) | ||||||||||||
| Capital gains |
— | (32,317 | ) | — | — | — | — | |||||||||||||||||
| Total dividends and distributions |
(1,424,089 | ) | (2,812,968 | ) | (3,366,735 | ) | (7,516,173 | ) | (4,717,349 | ) | (8,717,982 | ) | ||||||||||||
| CAPITAL SHARE TRANSACTIONS: |
|
|||||||||||||||||||||||
| Net proceeds from sale of shares |
9,155,350 | 52,837,196 | 18,512,642 | 81,010,005 | 18,720,162 | 247,874,223 | ||||||||||||||||||
| Cost of shares redeemed |
— | (43,856,724 | ) | (13,031,910 | ) | (117,778,043 | ) | (22,501,674 | ) | (247,933,303 | ) | |||||||||||||
| Net increase (decrease) in net assets resulting from capital share transactions |
9,155,350 | 8,980,472 | 5,480,732 | (36,768,038 | ) | (3,781,512 | ) | (59,080 | ) | |||||||||||||||
| Net Decrease in Net Assets |
(644,414 | ) | (1,627,571 | ) | (12,791,095 | ) | (67,215,389 | ) | (42,611,732 | ) | (24,960,344 | ) | ||||||||||||
| NET ASSETS: |
|
|||||||||||||||||||||||
| Beginning of period |
$ | 88,070,732 | $ | 89,698,303 | $ | 138,659,093 | $ | 205,874,482 | $ | 308,378,653 | $ | 333,338,997 | ||||||||||||
| End of period |
$ | 87,426,318 | $ | 88,070,732 | $ | 125,867,998 | $ | 138,659,093 | $ | 265,766,921 | $ | 308,378,653 | ||||||||||||
| Undistributed net investment income included in net assets at end of period |
$ |
148,686 |
|
$ |
57,914 |
|
$ |
309,153 |
|
$ |
161,232 |
|
$ |
304,757 |
|
$ |
126,707 |
| ||||||
| SHARES CREATED AND REDEEMED: |
|
|||||||||||||||||||||||
| Shares outstanding, beginning of period |
1,700,000 | 1,550,000 | 2,900,000 | 3,550,000 | 5,850,000 | 5,750,000 | ||||||||||||||||||
| Shares created |
200,000 | 900,000 | 400,000 | 1,450,000 | 350,000 | 4,300,000 | ||||||||||||||||||
| Shares redeemed |
— | (750,000 | ) | (300,000 | ) | (2,100,000 | ) | (450,000 | ) | (4,200,000 | ) | |||||||||||||
| Shares outstanding, end of period |
1,900,000 | 1,700,000 | 3,000,000 | 2,900,000 | 5,750,000 | 5,850,000 | ||||||||||||||||||
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 45 |
Table of Contents
Statements of Changes in Net Assets (concluded)
WisdomTree Domestic Dividend Funds
| WisdomTree Dividend Top 100 Fund |
WisdomTree MidCap Dividend Fund |
WisdomTree SmallCap Dividend Fund |
||||||||||||||||||||||
| For the Six Months Ended September 30, 2008 |
For the Year Ended |
For the Six Months Ended September 30, 2008 |
For the Year Ended |
For the Six Months Ended September 30, 2008 |
For the Year Ended |
|||||||||||||||||||
| INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
|
|||||||||||||||||||||||
| Net investment income |
$ | 3,412,918 | $ | 7,264,782 | $ | 1,879,474 | $ | 3,321,097 | $ | 2,160,143 | $ | 4,292,643 | ||||||||||||
| Net realized gain (loss) on investments |
(9,019,997 | ) | 10,827,674 | (1,996,167 | ) | 653,799 | (5,860,134 | ) | (474,075 | ) | ||||||||||||||
| Net change in unrealized appreciation (depreciation) on investments |
(10,131,347 | ) | (41,906,221 | ) | (2,397,899 | ) | (20,445,978 | ) | 1,986,914 | (22,490,630 | ) | |||||||||||||
| Net increase (decrease) in net assets resulting from operations |
(15,738,426 | ) | (23,813,765 | ) | (2,514,592 | ) | 16,471,082 | (1,713,077 | ) | (18,672,062 | ) | |||||||||||||
| DIVIDENDS: |
||||||||||||||||||||||||
| Net investment income |
(3,325,497 | ) | (7,217,835 | ) | (1,597,562 | ) | (3,282,192 | ) | (1,929,644 | ) | (4,348,178 | ) | ||||||||||||
| Total dividends |
(3,325,497 | ) | (7,217,835 | ) | (1,597,562 | ) | (3,282,192 | ) | (1,929,644 | ) | (4,348,178 | ) | ||||||||||||
| CAPITAL SHARE TRANSACTIONS: |
|
|||||||||||||||||||||||
| Net proceeds from sale of shares |
69,552,481 | 117,466,412 | 35,264,213 | 78,307,186 | 13,997,029 | 60,277,961 | ||||||||||||||||||
| Cost of shares redeemed |
(82,272,700 | ) | (108,238,386 | ) | (33,975,920 | ) | (45,688,651 | ) | — | (68,165,226 | ) | |||||||||||||
| Net increase (decrease) in net assets resulting from capital share transactions |
(12,720,219 | ) | 9,228,026 | 1,288,293 | 32,618,535 | 13,997,029 | (7,887,265 | ) | ||||||||||||||||
| Net Increase (Decrease) in Net Assets |
(31,784,142 | ) | (21,803,574 | ) | (2,823,861 | ) | 12,865,261 | 10,354,308 | (30,907,505 | ) | ||||||||||||||
| NET ASSETS: |
||||||||||||||||||||||||
| Beginning of period |
$ | 166,205,114 | $ | 188,008,688 | $ | 91,198,255 | $ | 78,332,994 | $ | 81,040,048 | $ | 111,947,553 | ||||||||||||
| End of period |
$ | 134,420,972 | $ | 166,205,114 | $ | 88,374,394 | $ | 91,198,255 | $ | 91,394,356 | $ | 81,040,048 | ||||||||||||
| Undistributed net investment income included in net assets at end of period |
$ |
272,257 |
|
$ |
184,836 |
|
$ |
405,735 |
|
$ |
123,823 |
|
$ |
492,931 |
|
$ |
262,432 |
| ||||||
| SHARES CREATED AND REDEEMED: |
||||||||||||||||||||||||
| Shares outstanding, beginning of period |
3,250,000 | 3,150,000 | 1,900,000 | 1,350,000 | 1,750,000 | 1,950,000 | ||||||||||||||||||
| Shares created |
1,400,000 | 2,000,000 | 750,000 | 1,400,000 | 300,000 | 1,150,000 | ||||||||||||||||||
| Shares redeemed |
(1,700,000 | ) | (1,900,000 | ) | (700,000 | ) | (850,000 | ) | — | (1,350,000 | ) | |||||||||||||
| Shares outstanding, end of period |
2,950,000 | 3,250,000 | 1,950,000 | 1,900,000 | 2,050,000 | 1,750,000 | ||||||||||||||||||
See Notes to Financial Statements.
| 46 | WisdomTree Domestic Dividend Funds |
Table of Contents
WisdomTree Domestic Dividend Funds
September 30, 2008
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree Total Dividend Fund | For the Six Months Ended (unaudited) |
For the Year Ended |
For the Period June 16, 20061 through March 31, 2007 |
|||||||||
| Net asset value, beginning of period |
$ | 51.81 | $ | 57.87 | $ | 50.32 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
0.86 | 1.68 | 1.18 | |||||||||
| Net realized and unrealized gain (loss) |
(5.85 | ) | (6.04 | ) | 7.28 | |||||||
| Total from investment operations |
(4.99 | ) | (4.36 | ) | 8.46 | |||||||
| Dividends and distributions to shareholders: |
||||||||||||
| Net investment income |
(0.81 | ) | (1.68 | ) | (0.91 | ) | ||||||
| Capital gains |
— | (0.02 | ) | — | ||||||||
| Total dividends and distributions to shareholders |
(0.81 | ) | (1.70 | ) | (0.91 | ) | ||||||
| Net asset value, end of period |
$ | 46.01 | $ | 51.81 | $ | 57.87 | ||||||
| TOTAL RETURN3 |
(9.68 | )% | (7.77 | )% | 16.84 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 87,426 | $ | 88,071 | $ | 89,698 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.28 | %4 | 0.28 | % | 0.28 | %4 | ||||||
| Expenses, prior to expense reimbursements/waivers |
0.28 | %4 | 0.28 | % | 0.31 | %4 | ||||||
| Net investment income |
3.46 | %4 | 2.89 | % | 2.76 | %4 | ||||||
| Portfolio turnover rate5 |
4 | % | 10 | % | 12 | % | ||||||
| WisdomTree High-Yielding Equity Fund | For the Six Months Ended |
For the Year Ended |
For the Period March 31, 2007 |
|||||||||
| Net asset value, beginning of period |
$ | 47.81 | $ | 57.99 | $ | 50.01 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
1.17 | 2.22 | 1.56 | |||||||||
| Net realized and unrealized gain (loss) |
(5.90 | ) | (10.19 | ) | 7.54 | |||||||
| Total from investment operations |
(4.73 | ) | (7.97 | ) | 9.10 | |||||||
| Dividends to shareholders: |
||||||||||||
| Net investment income |
(1.12 | ) | (2.21 | ) | (1.12 | ) | ||||||
| Total dividends to shareholders |
(1.12 | ) | (2.21 | ) | (1.12 | ) | ||||||
| Net asset value, end of period |
$ | 41.96 | $ | 47.81 | $ | 57.99 | ||||||
| TOTAL RETURN3 |
(9.88 | )% | (14.18 | )% | 18.23 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 125,868 | $ | 138,659 | $ | 205,874 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.38 | %4 | 0.38 | % | 0.38 | %4 | ||||||
| Expenses, prior to expense reimbursements/waivers |
0.38 | %4 | 0.38 | % | 0.40 | %4 | ||||||
| Net investment income |
5.20 | %4 | 3.88 | % | 3.68 | %4 | ||||||
| Portfolio turnover rate5 |
8 | % | 19 | % | 11 | % | ||||||
| 1 |
Commencement of investment operations. |
| 2 |
Based on average shares outstanding. |
| 3 |
Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Note 2). |
| 4 |
Annualized. |
| 5 |
Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 47 |
Table of Contents
Financial Highlights (continued)
WisdomTree Domestic Dividend Funds
September 30, 2008
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree LargeCap Dividend Fund | For the Six Months Ended (unaudited) |
For the Year Ended |
For the Period June 16, 20061 through March 31, 2007 |
|||||||||
| Net asset value, beginning of period |
$ | 52.71 | $ | 57.97 | $ | 50.34 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
0.83 | 1.60 | 1.11 | |||||||||
| Net realized and unrealized gain (loss) |
(6.53 | ) | (5.21 | ) | 7.32 | |||||||
| Total from investment operations |
(5.70 | ) | (3.61 | ) | 8.43 | |||||||
| Dividends to shareholders: |
||||||||||||
| Net investment income |
(0.79 | ) | (1.65 | ) | (0.80 | ) | ||||||
| Total dividends to shareholders |
(0.79 | ) | (1.65 | ) | (0.80 | ) | ||||||
| Net asset value, end of period |
$ | 46.22 | $ | 52.71 | $ | 57.97 | ||||||
| TOTAL RETURN3 |
(10.88 | )% | (6.47 | )% | 16.77 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 265,767 | $ | 308,379 | $ | 333,339 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.28 | %4 | 0.28 | % | 0.28 | %4 | ||||||
| Expenses, prior to expense reimbursements/waivers |
0.28 | %4 | 0.28 | % | 0.29 | %4 | ||||||
| Net investment income |
3.24 | %4 | 2.74 | % | 2.65 | %4 | ||||||
| Portfolio turnover rate5 |
4 | % | 8 | % | 13 | % | ||||||
| WisdomTree Dividend Top 100 Fund | For the Six Months Ended |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
|||||||||
| Net asset value, beginning of period |
$ | 51.14 | $ | 59.69 | $ | 50.12 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
1.04 | 2.10 | 1.40 | |||||||||
| Net realized and unrealized gain (loss) |
(5.55 | ) | (8.56 | ) | 9.09 | |||||||
| Total from investments operations |
(4.51 | ) | (6.46 | ) | 10.49 | |||||||
| Dividends to shareholders: |
||||||||||||
| Net investment income |
(1.06 | ) | (2.09 | ) | (0.92 | ) | ||||||
| Total dividends to shareholders |
(1.06 | ) | (2.09 | ) | (0.92 | ) | ||||||
| Net asset value, end of period |
$ | 45.57 | $ | 51.14 | $ | 59.69 | ||||||
| TOTAL RETURN3 |
(8.86 | )% | (11.15 | )% | 20.99 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 134,421 | $ | 166,205 | $ | 188,009 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.38 | %4 | 0.38 | % | 0.38 | %4 | ||||||
| Expenses, prior to expense reimbursements/waivers |
0.38 | %4 | 0.38 | % | 0.40 | %4 | ||||||
| Net investment income |
4.19 | %4 | 3.57 | % | 3.29 | %4 | ||||||
| Portfolio turnover rate5 |
4 | % | 16 | % | 21 | % | ||||||
| 1 |
Commencement of investment operations. |
| 2 |
Based on average shares outstanding. |
| 3 |
Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Note 2). |
| 4 |
Annualized. |
| 5 |
Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| 48 | WisdomTree Domestic Dividend Funds |
Table of Contents
Financial Highlights (concluded)
WisdomTree Domestic Dividend Funds
September 30, 2008
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree MidCap Dividend Fund | For the Six Months Ended |
For the Year Ended |
For the Period June 16, 20061 through March 31, 2007 |
|||||||||
| Net asset value, beginning of period |
$ | 48.00 | $ | 58.02 | $ | 50.21 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
1.03 | 1.88 | 1.45 | |||||||||
| Net realized and unrealized gain (loss) |
(2.83 | ) | (10.12 | ) | 7.41 | |||||||
| Total from investment operations |
(1.80 | ) | (8.24 | ) | 8.86 | |||||||
| Dividends and distributions to shareholders: |
||||||||||||
| Net investment income |
(0.88 | ) | (1.78 | ) | (1.04 | ) | ||||||
| Capital gains |
— | — | (0.01 | ) | ||||||||
| Total dividends and distributions to shareholders |
(0.88 | ) | (1.78 | ) | (1.05 | ) | ||||||
| Net asset value, end of period |
$ | 45.32 | $ | 48.00 | $ | 58.02 | ||||||
| TOTAL RETURN3 |
(3.81 | )% | (14.47 | )% | 17.71 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 88,374 | $ | 91,198 | $ | 78,333 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.38 | %4 | 0.38 | % | 0.38 | %4 | ||||||
| Expenses, prior to expense reimbursements/waivers |
0.38 | %4 | 0.38 | % | 0.43 | %4 | ||||||
| Net investment income |
4.34 | %4 | 3.38 | % | 3.47 | %4 | ||||||
| Portfolio turnover rate5 |
6 | % | 30 | % | 12 | % | ||||||
| WisdomTree SmallCap Dividend Fund | For the Six Months Ended |
For the Year Ended |
For the Period June 16, 20061 through March 31, 2007 |
|||||||||
| Net asset value, beginning of period |
$ | 46.31 | $ | 57.41 | $ | 50.24 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
1.13 | 2.13 | 1.79 | |||||||||
| Net realized and unrealized gain (loss) |
(1.88 | ) | (11.10 | ) | 6.65 | |||||||
| Total from investments operations |
(0.75 | ) | (8.97 | ) | 8.44 | |||||||
| Dividends to shareholders: |
||||||||||||
| Net investment income |
(0.98 | ) | (2.13 | ) | (1.27 | ) | ||||||
| Total dividends to shareholders |
(0.98 | ) | (2.13 | ) | (1.27 | ) | ||||||
| Net asset value, end of period |
$ | 44.58 | $ | 46.31 | $ | 57.41 | ||||||
| TOTAL RETURN3 |
(1.60 | )% | (15.93 | )% | 16.88 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 91,394 | $ | 81,040 | $ | 111,948 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.38 | %4 | 0.38 | % | 0.38 | %4 | ||||||
| Expenses, prior to expense reimbursements/waivers |
0.38 | %4 | 0.38 | % | 0.42 | %4 | ||||||
| Net investment income |
4.99 | %4 | 3.97 | % | 4.25 | %4 | ||||||
| Portfolio turnover rate5 |
9 | % | 34 | % | 16 | % | ||||||
| 1 |
Commencement of investment operations. |
| 2 |
Based on average shares outstanding. |
| 3 |
Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Note 2). |
| 4 |
Annualized. |
| 5 |
Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 49 |
Table of Contents
Notes to Financial Statements (unaudited)
1. ORGANIZATION
WisdomTree Trust (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Trust was established as a Delaware statutory trust pursuant to a Trust Instrument dated December 15, 2005. As of September 30, 2008, the Trust offered 49 investment funds (each a “Fund”, collectively, the “Funds”). The Funds, described herein, commenced operations on June 16, 2006.
These financial statements relate only to the WisdomTree Total Dividend Fund (“Total Dividend Fund”), WisdomTree High-Yielding Equity Fund (“High-Yielding Equity Fund”), WisdomTree LargeCap Dividend Fund (“LargeCap Dividend Fund”), WisdomTree Dividend Top 100SM Fund (“Dividend Top 100 Fund”), WisdomTree MidCap Dividend Fund (“MidCap Dividend Fund”) and WisdomTree SmallCap Dividend Fund (“SmallCap Dividend Fund”), together the “Domestic Dividend Funds”.
Each Fund seeks investment returns that closely correspond to the price and yield performance, before fees and expenses, of a particular index (“Index”) developed by WisdomTree Investments, Inc. (“Wisdom Tree Investments”). Each Fund described herein is considered to be non-diversified.
In the normal course of business the Funds may enter into contracts that contain a variety of representations or that provide indemnification for certain liabilities. The Funds’ maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Funds that have not yet occurred. However, the Funds have not had prior claims or losses pursuant to these contracts and expect the risk of loss to be remote.
The preparation of financial statements in conformity with U.S. Generally Accepted Accounting Principles (“U.S. GAAP”), requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in the net assets from operations during the reporting period. Actual results could differ from those estimates.
2. SIGNIFICANT ACCOUNTING POLICIES
(a) Investment Valuation — The Net Asset Value (“NAV”) of each Fund’s shares is calculated each day the national securities exchanges are open for trading as of the close of regular trading on the New York Stock Exchange, generally 4:00 p.m. New York time. NAV per share is calculated by dividing a Fund’s net assets by the number of Fund shares outstanding. Securities traded on any recognized U.S. or non-U.S. exchange are valued at the last sale price or official closing price on the exchange or system on which they are principally traded. Unlisted equity securities are valued at the last quoted sale price or, if no sale price is available, at the mean between the most recently quoted bid and asked prices. Securities for which market quotations are not readily available are valued at fair value as determined by management and in accordance with procedures approved by the Board of Trustees. Short-term securities with 60 days or less remaining to maturity are valued using the amortized cost method, which approximates current market value.
Effective April 1, 2008, the Funds adopted Financial Accounting Standards Board (“FASB”) Statement of Financial Accounting Standards No. 157 (“FAS 157”), “Fair Value Measurements.” This standard defines fair value, establishes a framework for measuring fair value in accordance with generally accepted accounting principles and expands disclosure about fair value measurements. Various inputs are used in determining the value of the Funds’ investments. These inputs are summarized in the three broad levels listed below.
Level 1 — quoted prices in active markets for identical securities
Level 2 — other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)
Level 3 — significant unobservable inputs (including each Fund’s assumptions in determining the fair value of investments)
Investments that use Level 2 or Level 3 inputs may include, but are not limited to: (i) an unlisted security related to corporate actions; (ii) a restricted security (e.g., one that may not be publicly sold without registration under the Securities Act of 1933, as amended); (iii) a security whose trading has been suspended or which has been de-listed from its primary trading exchange; (iv) a security that is thinly traded; (v) a security in default or bankruptcy proceedings for which there is no current market quotation; (vi) a security affected by currency controls or restrictions; and (vii) a security affected by a significant event (e.g., an event that occurs after the close of the markets on which the security is traded but before the time as of which a Fund’s net asset value is computed and that may materially affect the value of the Fund’s investments). Examples of events that may be “significant events” are government actions, natural disasters, armed conflict and acts of terrorism.
The inputs or methodology used for valuation are not necessarily an indication of the risk associated with investing in those investments.
| 50 | WisdomTree Domestic Dividend Funds |
Table of Contents
Notes to Financial Statements (unaudited) (continued)
The following is a summary of the inputs used as of September 30, 2008 in valuing each Fund’s assets carried at fair value:
| FUND | Level 1 — Quoted Prices Valuation Inputs |
Level 2 — Other Significant Observable Inputs |
Level 3 — Significant Unobservable Inputs |
TOTAL | ||||||||
| Total Dividend Fund |
$ | 87,072,578 | $ | — | $ | — | $ | 87,072,578 | ||||
| High-Yielding Equity Fund |
$ | 125,050,805 | $ | — | $ | — | $ | 125,050,805 | ||||
| LargeCap Dividend Fund |
$ | 264,673,441 | $ | — | $ | — | $ | 264,673,441 | ||||
| Dividend Top 100 Fund |
$ | 131,382,663 | $ | — | $ | — | $ | 131,382,663 | ||||
| MidCap Dividend Fund |
$ | 88,031,673 | $ | — | $ | — | $ | 88,031,673 | ||||
| SmallCap Dividend Fund |
$ | 91,022,860 | $ | — | $ | — | $ | 91,022,860 | ||||
(b) Investment Transactions — Investment transactions are recorded as of the date that the securities are purchased or sold (trade date). Realized gains and losses on sales of portfolio securities are calculated using the identified-cost method.
(c) Investment Income — Dividend income is recognized on the ex-dividend date. Interest income is accrued daily. The value of additional securities received as dividend payments is recorded as income and as an increase to the cost basis of such securities.
(d) Expenses/Reimbursements — WisdomTree Asset Management (“WTAM”) has agreed to pay all expenses of the Funds, except for: (i) brokerage expenses and other expenses (such as stamp taxes) connected with the execution of portfolio transactions or in connection with creation and redemption transactions; (ii) legal fees or expenses in connection with any arbitration, litigation or pending or threatened arbitration or litigation, including any settlements in connection therewith; (iii) compensation and expenses of each Independent Trustee; (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s chief compliance officer; (vi) extraordinary expenses; (vii) distribution fees and expenses paid by the Trust under any distribution plan adopted pursuant to Rule 12b-1 under the 1940 Act; and (viii) the advisory fee payable to WTAM.
Pursuant to a separate contractual arrangement, WTAM has arranged for the provision of chief compliance officer (“CCO”) services to the Funds and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees, in exchange for a service fee paid by each Fund of up to 0.0044% of each Fund’s average daily net assets. Trustees fees, which are included in Service Fees on the Statements of Operations, of $171,869 have been paid on behalf of the Funds of the Trust to the Independent Trustees for the six month period ended September 30, 2008.
(e) Security Lending — Each Fund may lend portfolio securities to certain creditworthy borrowers, including the Funds’ securities lending agent. The loans are collateralized at all times by cash and/or high grade debt obligations in an amount at least equal to 102% of the market value of domestic securities loaned (105% in the case of foreign securities loaned) as determined at the close of business on the preceding business day. Each Fund receives compensation for lending its securities from interest or dividends earned on the cash or U.S. government securities held as collateral, net of fee rebates paid to the borrower plus reasonable administrative and custody fees. The dividend and interest income earned on the securities loaned is accounted for in the same manner as other dividend and interest income. The borrower pays to the Funds an amount equal to any dividends or interest received on loaned securities. The Funds retain all or a portion of the interest received on investment of cash collateral or receives a fee from the borrower. Lending portfolio securities could result in a loss or delay in recovering each Fund’s securities if the borrower defaults.
The securities lending income earned by the Funds is disclosed on the Statements of Operations.
(f) Tax Information and Dividends and Distributions to Shareholders — It is each Fund’s policy to comply with all requirements of the Internal Revenue Code of 1986, as amended (the “Code”). Each Fund intends to qualify for and to elect treatment as a separate Regulated Investment Company (“RIC”) under Subchapter M of the Code. It is the policy of each Fund to pay out dividends, if any, to investors at least annually. Taxable net realized gains from investment transactions, reduced by capital loss carryforwards, if any, are declared and distributed to shareholders at least annually. The capital loss carryforward amount, if any, is available to offset future net capital gains. The Funds may occasionally be required to make supplemental distributions at some other time during the year. The Trust reserves the right to declare special distributions if, in its reasonable discretion, such action is necessary or advisable to preserve the status of each Fund as a RIC or to avoid imposition of income or excise taxes on undistributed income. Dividends and distributions to shareholders are recorded on the ex-dividend date. The amount of dividends and distributions from net investment income and net realized capital gains are determined in accordance with Federal income tax regulations which may differ from U.S. GAAP. These “book/tax” differences are either considered temporary or permanent in nature. To the extent these differences are permanent in nature, such amounts are reclassified within the components of net assets based on their Federal tax basis treatment; temporary differences do not require reclassification. Dividends and distributions, which exceed earnings and profit for tax purposes, are reported as a tax return of capital.
| WisdomTree Domestic Dividend Funds | 51 |
Table of Contents
Notes to Financial Statements (unaudited) (continued)
The Funds adopted the provisions of Financial Accounting Standards Board (“FASB”) Interpretation No. 48, Accounting for Uncertainty in Income Taxes (“FIN 48”). This interpretation prescribes a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Foreign taxes are provided for based on each Fund’s understanding of the tax rules and rates that exist in the foreign markets in which it invests. Taxes are accrued and applied to net investment income, net realized capital gains and net unrealized appreciation, as applicable, as the income is earned or capital gains are recorded. If applicable, the Funds will recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in “Other” expenses on the Statements of Operations. Management has evaluated the application of FIN 48 to the Funds, and has determined that there is no impact resulting from the adoption of this interpretation on the Funds’ financial statements.
(g) Short-Term Investments — Each Fund may invest a portion of its assets in high-quality money market instruments on an ongoing basis to provide liquidity or for other reasons. The instruments in which a Fund may invest include short-term obligations issued by the U.S. Government, negotiable certificates of deposit (“CDs”), fixed time deposits and bankers’ acceptances of U.S. and foreign banks and similar institutions, commercial papers, repurchase agreements and money market funds. CDs are short-term negotiable obligations of commercial banks. Time deposits are non-negotiable deposits maintained in banking institutions for specified periods of time at stated interest rates. Banker’s acceptances are time drafts drawn on commercial banks by borrowers, usually in connection with international transactions.
3. ADVISER FEES
Adviser Fees — As investment adviser, WTAM has overall responsibility for the general management and administration of the Trust. WTAM provides an investment program for each Fund. WTAM also arranges for sub-advisory, transfer agency, custody, fund administration, and all other non-distribution related services necessary for the Funds to operate. Under the Investment Advisory Agreement for each Fund, WTAM agrees to pay all expenses of the Trust, except compensation and expenses of the Independent Trustees, counsel to the Independent Trustees and the Trust’s Chief Compliance Officer, interest expenses and taxes, brokerage expenses, and other expenses connected with the execution of portfolio transactions, any distribution fees or expenses, legal fees or expenses and extraordinary expenses. Pursuant to a separate contractual arrangement, WTAM arranges for the provision of chief compliance officer (“CCO”) services with respect to each Fund and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees. The fees paid to WTAM for providing advisory services are listed below.
| Fund | Fee Rate | ||
| Total Dividend Fund |
0.28 | % | |
| High-Yielding Equity Fund |
0.38 | % | |
| LargeCap Dividend Fund |
0.28 | % | |
| Dividend Top 100 Fund |
0.38 | % | |
| MidCap Dividend Fund |
0.38 | % | |
| SmallCap Dividend Fund |
0.38 | % |
Each Fund may purchase shares of an affiliated exchange traded fund(s) in secondary market transactions. For the six months ended September 30, 2008, there were no transactions in affiliated ETFs.
4. CAPITAL SHARE TRANSACTIONS
As of September 30, 2008, there was an unlimited number of $0.001 par value shares of beneficial interest authorized by the Trust. Shares are issued and redeemed by each Fund only in Creation Units or multiples thereof. Except when aggregated in Creation Units, shares of each Fund are not redeemable. Transactions in shares for each Fund are disclosed in detail in the Statements of Changes in Net Assets. The consideration for the purchase of Creation Units of a Fund generally consists of the in-kind contribution of a designated portfolio of equity securities constituting a portfolio sampling representation of the securities included in the relevant Fund’s underlying index and an amount of cash. Investors purchasing and redeeming Creation Units may be charged a purchase transaction fee and a redemption transaction fee to offset transfer and other transaction costs associated with the issuance and redemption of Creation Units.
5. INVESTMENT PORTFOLIO TRANSACTIONS
Purchases and sales of investments (excluding in-kind purchases and redemptions and short-term investments) for the six months ended September 30, 2008 were as follows:
| Fund | Purchases | Sales | ||||
| Total Dividend Fund |
$ | 3,734,346 | $ | 3,709,430 | ||
| High-Yielding Equity Fund |
10,982,808 | 11,144,465 | ||||
| LargeCap Dividend Fund |
12,435,879 | 12,829,884 | ||||
| Dividend Top 100 Fund |
6,271,336 | 8,724,145 | ||||
| MidCap Dividend Fund |
6,019,497 | 5,644,642 | ||||
| SmallCap Dividend Fund |
8,180,388 | 7,460,787 | ||||
| 52 | WisdomTree Domestic Dividend Funds |
Table of Contents
Notes to Financial Statements (unaudited) (concluded)
For the six months ended September 30, 2008, the cost of in-kind purchases and the proceeds from in-kind redemptions were as follows:
| Fund | Purchases | Sales | ||||
| Total Dividend Fund |
$ | 9,131,464 | $ | — | ||
| High-Yielding Equity Fund |
18,405,461 | 12,940,114 | ||||
| LargeCap Dividend Fund |
18,657,530 | 22,471,742 | ||||
| Dividend Top 100 Fund |
68,924,977 | 81,395,911 | ||||
| MidCap Dividend Fund |
35,139,463 | 33,766,400 | ||||
| SmallCap Dividend Fund |
13,889,858 | — | ||||
Gains and losses on in-kind redemptions are not recognized at the Fund level for tax purposes.
6. FEDERAL INCOME TAXES
At September 30, 2008, the cost of investments (including securities on loan) for Federal income tax purposes was substantially the same as for book purposes, as indicated below:
| Fund | Tax Cost | Gross Unrealized Appreciation |
Gross Unrealized Depreciation |
Net Unrealized Depreciation |
||||||||||
| Total Dividend Fund |
$ | 105,038,553 | $ | 2,514,761 | $ | (20,480,736 | ) | $ | (17,965,975 | ) | ||||
| High-Yielding Equity Fund |
167,009,323 | 2,047,999 | (44,006,517 | ) | (41,958,518 | ) | ||||||||
| LargeCap Dividend Fund |
325,355,287 | 6,446,502 | (67,128,348 | ) | (60,681,846 | ) | ||||||||
| Dividend Top 100 Fund |
176,558,016 | 2,338,628 | (47,513,981 | ) | (45,175,353 | ) | ||||||||
| MidCap Dividend Fund |
108,078,306 | 1,051,291 | (21,097,924 | ) | (20,046,633 | ) | ||||||||
| SmallCap Dividend Fund |
110,003,580 | 3,250,535 | (22,231,255 | ) | (18,980,720 | ) | ||||||||
7. NEW ACCOUNTING PRONOUNCEMENT
On March 19, 2008, the FASB released Statement of Financial Accounting Standards No. 161, Disclosures about Derivative Instruments and Hedging Activities (“FAS 161”). FAS 161 requires qualitative disclosures about objectives and strategies for using derivatives, quantitative disclosures about fair value amounts of gains and losses on derivative instruments, and disclosures about credit-risk-related contingent features in derivative agreements. The application of FAS 161 is required for fiscal years beginning after November 15, 2008 and interim periods within those fiscal years. At this time, management is evaluating the implications of FAS 161 and its impact on the financial statements has not yet been determined.
| WisdomTree Domestic Dividend Funds | 53 |
Table of Contents
Proxy Voting Policies, Procedures and Record
A description of the policies and procedures that the Trust uses to determine how to vote proxies related to each Fund’s portfolio securities, and information on how the Trust voted proxies during the period ended June 30, 2008, is available without charge, upon request (i) by calling 1-866-909-WISE, (ii) on the Trust’s website at www.wisdomtree.com and (iii) on the Securities and Exchange Commission’s (“SEC”) website at www.sec.gov.
Shareholder Reports and Quarterly Portfolio Disclosure
The Funds are required to file their complete schedule of portfolio holdings with the SEC for their first and third fiscal quarters on Form N-Q. Copies of the filings are available, without charge, upon request on the SEC’s website at www.sec.gov, and are also available by calling the Trust at 1-866-909-WISE. You can also obtain copies of Form N-Q by (i) visiting the SEC’s Public Reference Room in Washington, DC (information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330). (ii) sending your request and a duplicating fee to the SEC’s Public Reference Room, Washington, DC 20549-0102 or (iii) sending your request electronically to publicinfosec.gov.
Information about each Fund’s portfolio holdings is available daily, without charge, at www.wisdomtree.com.
The Fund’s Statement of Additional Information (“SAI”) has additional information about the Funds’ Trustees and Officers and is available without charge upon request. Contact your financial representative for a free prospectus or SAI.
| 54 | WisdomTree Domestic Dividend Funds |
Table of Contents
The WisdomTree® Family of Funds
The following is a list of WisdomTree Funds being offered, along with their respective ticker symbols as of September 30, 2008:
| WisdomTree Domestic Dividend Funds
WisdomTree Total Dividend Fund (DTD)
WisdomTree High-Yielding Equity Fund (DHS)
WisdomTree LargeCap Dividend Fund (DLN)
WisdomTree Dividend Top 100 Fund (DTN)
WisdomTree MidCap Dividend Fund (DON)
WisdomTree SmallCap Dividend Fund (DES)
WisdomTree International Dividend Funds
WisdomTree DEFA Fund (DWM)
WisdomTree DEFA High-Yielding Equity Fund (DTH)
WisdomTree Europe Total Dividend Fund (DEB)
WisdomTree Europe High-Yielding Equity Fund (DEW)
WisdomTree Europe SmallCap Dividend Fund (DFE)
WisdomTree Japan Total Dividend Fund (DXJ)
WisdomTree Japan High-Yielding Equity Fund (DNL)
WisdomTree Japan SmallCap Dividend Fund (DFJ)
WisdomTree Pacific ex-Japan Total Dividend Fund (DND)
WisdomTree Pacific ex-Japan High-Yielding Equity Fund (DNH)
WisdomTree International LargeCap Dividend Fund (DOL)
WisdomTree International Dividend Top 100 Fund (DOO)
WisdomTree International MidCap Dividend Fund (DIM)
WisdomTree International SmallCap Dividend Fund (DLS)
WisdomTree International Real Estate Fund (DRW)
WisdomTree Emerging Markets High-Yielding Equity Fund (DEM)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
WisdomTree Middle East Dividend Fund (GULF) |
WisdomTree International Dividend Sector Funds
WisdomTree International Basic Materials Sector Fund (DBN)
WisdomTree International Communications Sector Fund (DGG)
WisdomTree International Consumer Discretionary Sector Fund (DPC)
WisdomTree International Consumer Staples Sector Fund (DPN)
WisdomTree International Energy Sector Fund (DKA)
WisdomTree International Financial Sector Fund (DRF)
WisdomTree International Health Care Sector Fund (DBR)
WisdomTree International Industrial Sector Fund (DDI)
WisdomTree International Technology Sector Fund (DBT)
WisdomTree International Utilities Sector Fund (DBU)
WisdomTree Earnings Funds
WisdomTree Total Earnings Fund (EXT)
WisdomTree Earnings 500 Fund (EPS)
WisdomTree MidCap Earnings Fund (EZM)
WisdomTree SmallCap Earnings Fund (EES)
WisdomTree Earnings Top 100 Fund (EEZ)
WisdomTree Low P/E Fund (EZY)
WisdomTree India Earnings Fund (EPI)
WisdomTree Currency Income Funds
WisdomTree U.S. Current Income Fund (USY)
WisdomTree Dreyfus Brazilian Real Fund (BZF)
WisdomTree Dreyfus Chinese Yuan Fund (CYB)
WisdomTree Dreyfus Euro Fund (EU)
WisdomTree Dreyfus Indian Rupee Fund (ICN)
WisdomTree Dreyfus Japanese Yen Fund (JYF)
WisdomTree Dreyfus New Zealand Dollar Fund (BNZ)
WisdomTree Dreyfus South African Rand Fund (SZR) |
The WisdomTree Funds are exchange traded funds (“ETFs”) registered with the United States Securities and Exchange Commission (“SEC”) as series of WisdomTree Trust (“Trust”). WisdomTree Asset Management, Inc., a wholly owned subsidiary of WisdomTree Investments, Inc., serves as the investment adviser to the WisdomTree Trust. None of the WisdomTree entities are affiliated with ALPS Distributors, Inc., the Funds’ distributor. WisdomTree Investments, its affiliates and their independent providers are not liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein.
Investors should consider the investment objectives, risks, charges and expenses of the Funds carefully before investing. A prospectus, containing this and other information, is available at www.wisdomtree.com, or by calling 1-866-909-WISE (9473). Investors should read the prospectus carefully before investing. There are risks associated with investing, including possible loss of principal. Past performance does not guarantee future results. Indexes are unmanaged and you can not invest directly in an index.
There are risks associated with investing including possible loss of principal. In addition to the normal risks of investing, foreign investing involves special risks, such as risk of loss from currency fluctuation or political or economic uncertainty. Investments in real estate involve additional special risks, such as credit risk, interest rate fluctuations and the effect of varied economic conditions. Funds that focus their investments in one country increase the impact of events and developments associated with the region which can adversely affect performance. Funds focusing on a single country, sector and/or smaller companies generally experience greater price volatility. Investments in emerging or frontier markets are generally less liquid and less efficient than developed markets. Investments in currency involve additional special risks, such as credit risk, interest rate fluctuations, derivative investment risk and the effect of varied economic conditions. As these Funds can have a high concentration in some issuers the Funds can be adversely impacted by changes affecting issuers. Unlike typical exchange-traded funds, there are no indexes that the currency Funds attempt to track or replicate. Thus, the ability of the currency Funds to achieve their objectives will depend on the effectiveness of the portfolio manager. Please read the Funds’ prospectus for specific details regarding each Fund’s risk profile. Transaction in Fund shares will result in brokerage commissions and will generate tax consequences. Shares may be sold through brokerage accounts, but may be redeemed from the Funds only in large amounts of 50,000 shares or more.
Table of Contents
380 Madison Avenue, 21st Floor
New York, NY 10017
1.866.909. WISE (9473)
www.wisdomtree.com
WisdomTree Domestic Dividend ETFs
WisdomTree Total Dividend Fund
WisdomTree High-Yielding Equity Fund
WisdomTree LargeCap Dividend Fund
WisdomTree Dividend Top 100 Fund
WisdomTree MidCap Dividend Fund
WisdomTree SmallCap Dividend Fund
WisdomTree Fund shares are distributed by
ALPS Distributors, Inc.
WIS001463 (11/2009)
Table of Contents
WisdomTree Trust
Earnings Funds
Semi-Annual Report
September 30, 2008
WisdomTree Total Earnings Fund
WisdomTree Earnings 500 Fund
WisdomTree MidCap Earnings Fund
WisdomTree SmallCap Earnings Fund
WisdomTree Earnings Top 100 Fund
WisdomTree Low P/E Fund
WisdomTree India Earnings Fund
Table of Contents
| 1 | ||
| 8 | ||
| Schedules of Investments | ||
| 10 | ||
| 25 | ||
| 31 | ||
| 40 | ||
| 53 | ||
| 55 | ||
| 63 | ||
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“WisdomTree” is a registered mark of WisdomTree Investments, Inc. and is licensed for use by the Trust.
Table of Contents
Performance Summary (unaudited)
WisdomTree Total Earnings Fund
Industry Breakdown† as of 9/30/08
| † | The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| Exxon Mobil Corp. |
4.6% | |
| JPMorgan Chase & Co. |
2.3% | |
| Bank Of America Corp. |
2.2% | |
| Wal-Mart Stores, Inc. |
2.2% | |
| Chevron Corp. |
2.0% | |
| General Electric Co |
1.9% | |
| Berkshire Hathaway, Inc. Class B |
1.7% | |
| Citigroup, Inc. |
1.6% | |
| Microsoft Corp. |
1.5% | |
| Wells Fargo & Co. |
1.4% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Total Earnings Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the WisdomTree Earnings Index.
The WisdomTree Total Earnings Fund (EXT) returned -10.32% at net asset value (“NAV”) for the six month period ended September 30, 2008. Consumer Staples was the best performing sector comprising on average 9.40% of the Fund and returned 0.68% over the period. Financials was the worst performing sector returning -14.56% over the period and comprising on average 23.91% of the portfolio.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.28%.
Performance as of 9/30/08
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Earnings Index |
Russell 3000 Index | |||||||||
| Six Months* |
(10.32 | )% | (6.80 | )% | (10.19 | )% | (10.27 | )% | ||||
| One Year |
(20.92 | )% | (17.83 | )% | (20.62 | )% | (21.37 | )% | ||||
| Since Inception1 |
(10.95 | )% | (8.80 | )% | (10.84 | )% | (11.29 | )% | ||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the AMEX on February 23, 2007. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree Earnings Funds | 1 |
Table of Contents
Performance Summary (unaudited)
WisdomTree Earnings 500 Fund
Industry Breakdown† as of 9/30/08
| † | The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| Exxon Mobile Corp. |
5.3% | |
| JPMorgan Chase & Co. |
2.8% | |
| Bank of America Corp. |
2.6% | |
| Wal-Mart Stores Inc. |
2.5% | |
| Chevron Corp. |
2.4% | |
| General Electric Co. |
2.3% | |
| Berkshire Hathaway Inc. |
1.9% | |
| Citigroup, Inc. |
1.9% | |
| Wells Fargo & Co. |
1.7% | |
| Microsoft Corp. |
1.7% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Earnings 500 Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the WisdomTree Earnings 500 Index.
The WisdomTree Earnings 500 Fund (EPS) returned -11.00% at net asset value (“NAV”) for the six month period ended September 30, 2008. Consumer Staples was the best performing sector comprising on average 10.45% of the Fund and returned 1.07% over the period. Financials was the worst performing sector returning -16.08% over the period and comprising on average 24.33% of the portfolio.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.28%.
Performance as of 9/30/08
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Earnings 500 Index |
S&P 500 Index | |||||||||
| Six Months* |
(11.00 | )% | (10.89 | )% | (10.91 | )% | (10.87 | )% | ||||
| One Year |
(21.37 | )% | (21.38 | )% | (20.94 | )% | (21.82 | )% | ||||
| Since Inception1 |
(10.74 | )% | (10.74 | )% | (10.41 | )% | (10.99 | )% | ||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the AMEX on February 23, 2007. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 2 | WisdomTree Earnings Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree MidCap Earnings Fund
Industry Breakdown† as of 9/30/08
| † | The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| Patterson-UTI Energy, Inc. |
0.7% | |
| Philadelphia Consolidated Holding Co. |
0.6% | |
| NVR, Inc. |
0.6% | |
| Helmerich & Payne, Inc. |
0.6% | |
| American Financial Group, Inc. |
0.5% | |
| Hasbro, Inc. |
0.5% | |
| Hercules, Inc. |
0.5% | |
| Ross Stores, Inc. |
0.5% | |
| Toll Brothers, Inc. |
0.5% | |
| Continental Airlines, Inc. |
0.5% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree MidCap Earnings Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the WisdomTree MidCap Earnings Index.
The WisdomTree MidCap Earnings Fund (EZM) returned -6.24% at net asset value (“NAV”) for the six month period ended September 30, 2008. Health Care was the best performing sector comprising on average 6.96% of the Fund and returned 3.51% over the period. Energy was the worst performing sector returning -17.22% over the period and comprising on average 10.64% of the portfolio.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.38%.
Performance as of 9/30/08
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree MidCap Earnings Index |
S&P MidCap 400 Index |
|||||||||
| Six Months* |
(6.24 | )% | (6.53 | )% | (6.38 | )% | (6.03 | )% | ||||
| One Year |
(19.19 | )% | (19.36 | )% | (19.47 | )% | (16.56 | )% | ||||
| Since Inception1 |
(13.00 | )% | (13.09 | )% | (13.23 | )% | (9.24 | )% | ||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the AMEX on February 23, 2007. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree Earnings Funds | 3 |
Table of Contents
Performance Summary (unaudited)
WisdomTree SmallCap Earnings Fund
Industry Breakdown† as of 9/30/08
| † | The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| Grey Wolf, Inc. |
0.9% | |
| Rent-A-Center, Inc. |
0.8% | |
| Employers Holdings, Inc. |
0.7% | |
| Viropharama, Inc. |
0.5% | |
| Broadrige Financial |
0.5% | |
| Rock-Tenn Co., Class A |
0.5% | |
| Collective Brands, Inc. |
0.4% | |
| Dress Barn, Inc. |
0.4% | |
| Avatar Holdings, Inc. |
0.4% | |
| EnPro Industries, Inc. |
0.4% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree SmallCap Earnings Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the WisdomTree SmallCap Earnings Index.
The WisdomTree SmallCap Earnings Fund (EES) returned -3.07% at net asset value (“NAV”) for the six month period ended September 30, 2008. Health Care was the best performing sector comprising on average 7.42% of the Fund and returned 14.02% over the period. Consumer Discretionary was the worst performing sector returning -5.65% over the period and comprising on average 18.38% of the portfolio.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.38%.
Performance as of 9/30/08
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree SmallCap Earnings Index |
Russell 2000 Index | |||||||||
| Six Months* |
(3.07 | )% | (2.53 | )% | (4.00 | )% | (0.54 | )% | ||||
| One Year |
(17.29 | )% | (16.74 | )% | (17.84 | )% | (14.37 | )% | ||||
| Since Inception1 |
(15.49 | )% | (15.29 | )% | (15.83 | )% | (10.34 | )% | ||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the AMEX on February 23, 2007. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 4 | WisdomTree Earnings Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree Earnings Top 100 Fund
Industry Breakdown† as of 9/30/08
| † | The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| TD Ameritrade Holding Corp. |
2.8% | |
| Allstate Corp. (The) |
2.2% | |
| JPMorgan Chase & Co. |
2.1% | |
| Capital One Financial Corp. |
2.1% | |
| Chubb Corp. (The) |
2.0% | |
| Travelers Cos., Inc. (The) |
1.8% | |
| Qwest Communications International, Inc. |
1.6% | |
| Wells Fargo & Company |
1.6% | |
| Progressive Corp. (The) |
1.5% | |
| BB&T Corp. |
1.5% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Earnings Top 100 Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the WisdomTree Earnings Top 100 Index.
The WisdomTree Earnings Top 100 Fund (EEZ) returned -16.18% at net asset value (“NAV”) for the six month period ended September 30, 2008. Information Technology was the best performing sector comprising on average 3.61% of the Fund and returned -3.65% over the period. Financials was the worst performing sector returning -20.55% over the period and comprising on average 37.81% of the portfolio.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.38%.
Performance as of 9/30/08
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Earnings Top 100 Index |
Russell 1000 Value Index |
|||||||||
| Six Months* |
(16.18 | )% | (16.22 | )% | (16.13 | )% | (11.10 | )% | ||||
| One Year |
(27.77 | )% | (27.81 | )% | (27.40 | )% | (23.39 | )% | ||||
| Since Inception1 |
(15.68 | )% | (15.65 | )% | (15.39 | )% | (13.69 | )% | ||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the AMEX on February 23, 2007. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree Earnings Funds | 5 |
Table of Contents
Performance Summary (unaudited)
WisdomTree Low P/E Fund
Industry Breakdown† as of 9/30/08
| † | The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| Exxon Mobil Corp. |
10.4% | |
| JPMorgan Chase & Co. |
5.4% | |
| Bank of America Corp. |
5.0% | |
| Chevron Corp. |
4.6% | |
| Berkshire Hathaway, Inc. |
3.7% | |
| Citigroup, Inc. |
3.7% | |
| Wells Fargo & Co. |
3.4% | |
| International Business Machines Corp. |
3.2% | |
| ConocoPhillips |
3.1% | |
| Goldman Sachs Group, Inc. |
2.2% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Low P/E Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the WisdomTree Low P/E Index.
The WisdomTree Low P/E Fund (EZY) returned -12.69% at net asset value (“NAV”) for the six month period ended September 30, 2008. Information Technology was the best performing sector comprising on average 4.65% of the Fund and returned -0.04% over the period. Financials was the worst performing sector returning -15.07% over the period and comprising on average 43.77% of the portfolio.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.38%.
Performance as of 9/30/08
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Low P/E Index |
Russell 1000 Value Index |
|||||||||
| Six Months* |
(12.69 | )% | (11.94 | )% | (12.63 | )% | (11.10 | )% | ||||
| One Year |
(25.12 | )% | (24.65 | )% | (24.80 | )% | (23.39 | )% | ||||
| Since Inception1 |
(14.50 | )% | (14.00 | )% | (14.41 | )% | (13.69 | )% | ||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the AMEX on February 23, 2007. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 6 | WisdomTree Earnings Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree India Earnings Fund
Industry Breakdown† as of 9/30/08
| † | The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| Reliance Industries Ltd. |
17.7% | |
| Infosys Technologies Ltd. |
6.2% | |
| Oil & Natural Gas Corp., Ltd. |
6.0% | |
| Bharti Airtel Ltd. |
3.9% | |
| Reliance Communications Ltd. |
3.0% | |
| ICICI Bank Ltd. |
2.8% | |
| Sterlite Industries India Ltd. |
1.8% | |
| Hindustan Unilever Ltd. |
1.8% | |
| Steel Authority Of India Ltd. |
1.8% | |
| Tata Consultancy Services Ltd. |
1.6% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree India Earnings Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the WisdomTree India Earnings Index.
The WisdomTree India Earnings Fund (EPI) returned -30.08% at net asset value (“NAV”) for the six month period ended September 30, 2008. Health Care was the best performing sector comprising on average 4.76% of the Fund and returned -17.66% over the period. Materials was the worst performing sector returning -37.95% over the period and comprising on average 15.14% of the portfolio.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.88%.
Performance as of 9/30/08
| Cummulative Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree India Earnings Index |
MSCI India Index |
|||||||||
| Six Months* |
(30.08 | )% | (30.05 | )% | (29.05 | )% | (30.89 | )% | ||||
| Since Inception1 |
(36.73 | )% | (36.42 | )% | (35.61 | )% | (38.58 | )% | ||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on February 22, 2008. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree Earnings Funds | 7 |
Table of Contents
Shareholder Expense Examples (unaudited)
As a shareholder of a WisdomTree Fund, you incur two types of costs: (1) transaction costs, including brokerage commissions on purchases and sales of your Fund shares and (2) ongoing costs, including management fees and other Fund expenses. The following example is intended to help you understand your ongoing costs (in dollars and cents) of investing in a Fund and to compare these costs with the ongoing costs of investing in other funds.
The example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period from April 1, 2008 to September 30, 2008.
Actual expenses
The first line under each Fund in the table on the next page provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line for your Fund under the heading entitled “Expenses Paid During Period 4/01/08 to 9/30/08” to estimate the expenses you paid on your account during this period.
Hypothetical example for comparison purposes
The second line under each Fund in the table on the next page provides information about hypothetical account values and hypothetical expenses based on each Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in your Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as brokerage commissions paid on purchases and sales of Fund shares. Therefore, the second line under each Fund in the table is useful in comparing ongoing Fund costs only and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.
| 8 | WisdomTree Earnings Funds |
Table of Contents
Shareholder Expense Examples (unaudited) (concluded)
| Beginning Account Value 4/01/08 |
Ending Account Value 9/30/08 |
Annualized Expense Ratio Based on the Period 4/01/08 to 9/30/08 |
Expenses Paid During the Period† 4/01/08 to 9/30/08 | |||||||||
| WisdomTree Total Earnings Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 896.78 | 0.28 | % | $ | 1.33 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.66 | 0.28 | % | $ | 1.42 | ||||
| WisdomTree Earnings 500 Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 889.98 | 0.28 | % | $ | 1.33 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.66 | 0.28 | % | $ | 1.42 | ||||
| WisdomTree MidCap Earnings Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 937.65 | 0.38 | % | $ | 1.85 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.16 | 0.38 | % | $ | 1.93 | ||||
| WisdomTree SmallCap Earnings Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 969.32 | 0.38 | % | $ | 1.88 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.16 | 0.38 | % | $ | 1.93 | ||||
| WisdomTree Earnings Top 100 Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 838.18 | 0.38 | % | $ | 1.75 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.16 | 0.38 | % | $ | 1.93 | ||||
| WisdomTree Low P/E Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 873.09 | 0.38 | % | $ | 1.78 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.16 | 0.38 | % | $ | 1.93 | ||||
| WisdomTree India Earnings Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 699.16 | 0.88 | % | $ | 3.75 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,020.66 | 0.88 | % | $ | 4.46 | ||||
| † | Expenses are calculated using each Fund’s annualized expense ratio, multiplied by the average account value for the period, multiplied by 183/365 (to reflect one-half year period). |
| WisdomTree Earnings Funds | 9 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Total Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| COMMON STOCKS – 99.5% | |||||
| Aerospace & Defense – 2.4% | |||||
| Alliant Techsystems, Inc.* |
77 | $ | 7,233 | ||
| BE Aerospace, Inc.* |
79 | 1,251 | |||
| Boeing Co. (The) |
1,427 | 81,838 | |||
| Ceradyne, Inc.* |
120 | 4,399 | |||
| Curtiss-Wright Corp. |
76 | 3,454 | |||
| DRS Technologies, Inc. |
87 | 6,677 | |||
| DynCorp International, Inc. Class A* |
90 | 1,508 | |||
| Esterline Technologies Corp.* |
71 | 2,811 | |||
| General Dynamics Corp. |
649 | 47,779 | |||
| Goodrich Corp. |
205 | 8,528 | |||
| Hexcel Corp.* |
129 | 1,766 | |||
| Honeywell International, Inc. |
1,268 | 52,685 | |||
| L-3 Communications Holdings, Inc. |
209 | 20,549 | |||
| Lockheed Martin Corp. |
792 | 86,860 | |||
| Moog, Inc. Class A* |
96 | 4,116 | |||
| Northrop Grumman Corp. |
546 | 33,055 | |||
| Precision Castparts Corp. |
176 | 13,865 | |||
| Raytheon Co. |
755 | 40,400 | |||
| Rockwell Collins, Inc. |
220 | 10,580 | |||
| Spirit Aerosystems Holdings, Inc. Class A* |
162 | 2,603 | |||
| Teledyne Technologies, Inc.* |
74 | 4,230 | |||
| TransDigm Group, Inc.* |
75 | 2,567 | |||
| Triumph Group, Inc. |
41 | 1,874 | |||
| United Technologies Corp. |
1,575 | 94,596 | |||
| Total Aerospace & Defense | 535,224 | ||||
| Air Freight & Logistics – 0.8% | |||||
| Air Transport Services Group, Inc.* |
934 | 691 | |||
| Atlas Air Worldwide Holdings, Inc.* |
71 | 2,862 | |||
| C.H. Robinson Worldwide, Inc. |
176 | 8,969 | |||
| Expeditors International Washington, Inc. |
176 | 6,132 | |||
| FedEx Corp. |
590 | 46,634 | |||
| Hub Group, Inc. Class A* |
115 | 4,330 | |||
| Pacer International, Inc. |
47 | 774 | |||
| United Parcel Service Inc. Class B |
1,655 | 104,082 | |||
| Total Air Freight & Logistics | 174,474 | ||||
| Airlines – 0.3% | |||||
| Alaska Air Group, Inc.* |
196 | 3,996 | |||
| AMR Corp.* |
1,250 | 12,275 | |||
| Continental Airlines, Inc. Class B* |
619 | 10,325 | |||
| Pinnacle Airlines Corp.* |
144 | 573 | |||
| Republic Airways Holdings, Inc.* |
173 | 1,763 | |||
| Skywest, Inc. |
253 | 4,043 | |||
| Southwest Airlines Co. |
1,224 | 17,760 | |||
| UAL Corp.* |
602 | 5,292 | |||
| US Airways Group, Inc.* |
955 | 5,759 | |||
| Total Airlines | 61,786 | ||||
| Auto Components – 0.2% | |||||
| Autoliv, Inc. |
218 | 7,358 | |||
| BorgWarner, Inc. |
188 | 6,161 | |||
| China Automotive Systems, Inc.* |
98 | 411 | |||
| Investments | Shares | Value | |||
| Cooper Tire & Rubber Co. |
189 | $ | 1,625 | ||
| Gentex Corp. |
264 | 3,775 | |||
| Johnson Controls, Inc. |
1,036 | 31,422 | |||
| Spartan Motors, Inc. |
1 | 3 | |||
| Standard Motor Products, Inc. |
43 | 267 | |||
| Tenneco, Inc.* |
148 | 1,573 | |||
| Total Auto Components | 52,595 | ||||
| Automobiles – 0.1% | |||||
| Harley-Davidson, Inc. |
660 | 24,618 | |||
| Thor Industries, Inc. |
177 | 4,393 | |||
| Total Automobiles | 29,011 | ||||
| Beverages – 2.0% | |||||
| Anheuser-Busch Cos., Inc. |
1,208 | 78,375 | |||
| Brown-Forman Corp. Class B |
187 | 13,428 | |||
| Central European Distribution Corp.* |
63 | 2,861 | |||
| Coca-Cola Co. (The) |
2,491 | 131,724 | |||
| Constellation Brands, Inc. Class A* |
436 | 9,357 | |||
| Hansen Natural Corp.* |
120 | 3,630 | |||
| MGP Ingredients, Inc. |
121 | 344 | |||
| Molson Coors Brewing Co. Class B |
220 | 10,285 | |||
| Pepsi Bottling Group, Inc. |
451 | 13,156 | |||
| PepsiAmericas, Inc. |
199 | 4,123 | |||
| PepsiCo, Inc. |
2,333 | 166,272 | |||
| Total Beverages | 433,555 | ||||
| Biotechnology – 1.2% | |||||
| Amgen, Inc.* |
1,963 | 116,348 | |||
| Biogen Idec, Inc.* |
268 | 13,478 | |||
| Celgene Corp.* |
112 | 7,087 | |||
| Cubist Pharmaceuticals, Inc.* |
71 | 1,578 | |||
| Emergent Biosolutions, Inc.* |
177 | 2,317 | |||
| Genentech, Inc.* |
1,169 | 103,667 | |||
| Genzyme Corp.* |
143 | 11,567 | |||
| ImClone Systems, Inc.* |
100 | 6,244 | |||
| Repligen Corp.* |
3 | 14 | |||
| Trimeris, Inc.* |
196 | 768 | |||
| United Therapeutics Corp.* |
33 | 3,471 | |||
| Total Biotechnology | 266,539 | ||||
| Building Products – 0.2% | |||||
| Ameron International Corp. |
31 | 2,221 | |||
| Lennox International, Inc. |
198 | 6,587 | |||
| Masco Corp. |
946 | 16,971 | |||
| NCI Buildings Systems, Inc.* |
33 | 1,048 | |||
| Quanex Building Products Corp. |
133 | 2,027 | |||
| Simpson Manufacturing Co., Inc. |
198 | 5,364 | |||
| USG Corp.* |
228 | 5,837 | |||
| Total Building Products | 40,055 | ||||
| Capital Markets – 3.5% | |||||
| Affiliated Managers Group, Inc.* |
66 | 5,468 | |||
| Allied Capital Corp. |
262 | 2,830 | |||
| American Capital Ltd. |
493 | 12,576 | |||
| Ameriprise Financial, Inc. |
375 | 14,325 | |||
See Notes to Financial Statements.
| 10 | WisdomTree Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| Apollo Investment Corp. |
297 | $ | 5,064 | ||
| Ares Capital Corp. |
238 | 2,482 | |||
| Bank of New York Mellon Corp. (The) |
1,192 | 38,835 | |||
| BlackRock, Inc. |
132 | 25,674 | |||
| Charles Schwab Corp. (The) |
1,279 | 33,254 | |||
| Cohen & Steers, Inc. |
121 | 3,428 | |||
| E*Trade Financial Corp.* |
3,572 | 10,002 | |||
| Eaton Vance Corp. |
107 | 3,770 | |||
| Federated Investors, Inc. Class B |
198 | 5,712 | |||
| Fortress Investment Group LLC, Class A |
507 | 5,324 | |||
| Franklin Resources, Inc. |
404 | 35,605 | |||
| GAMCO Investors Inc. Class A |
49 | 2,906 | |||
| GFI Group, Inc.* |
152 | 716 | |||
| Goldman Sachs Group, Inc. |
1,729 | 221,311 | |||
| Greenhill & Co., Inc. |
66 | 4,868 | |||
| Investment Technology Group, Inc.* |
154 | 4,686 | |||
| Janus Capital Group, Inc. |
185 | 4,492 | |||
| Jefferies Group, Inc. |
242 | 5,421 | |||
| KBW, Inc.* |
49 | 1,614 | |||
| Knight Capital Group, Inc. Class A* |
396 | 5,885 | |||
| Legg Mason, Inc. |
304 | 11,570 | |||
| MCG Capital Corp. |
455 | 1,192 | |||
| Merrill Lynch & Co., Inc. |
1,554 | 39,315 | |||
| Morgan Stanley |
4,716 | 108,467 | |||
| Northern Trust Corp. |
293 | 21,155 | |||
| optionsXpress Holdings, Inc. |
131 | 2,544 | |||
| Patriot Capital Funding, Inc. |
88 | 561 | |||
| Penson Worldwide, Inc.* |
98 | 1,359 | |||
| Piper Jaffray Cos., Inc.* |
66 | 2,855 | |||
| Prospect Capital Corp. |
53 | 679 | |||
| Raymond James Financial, Inc. |
220 | 7,256 | |||
| SEI Investments Co. |
220 | 4,884 | |||
| State Street Corp. |
491 | 27,928 | |||
| SWS Group, Inc. |
141 | 2,843 | |||
| T. Rowe Price Group, Inc. |
330 | 17,724 | |||
| TD Ameritrade Holding Corp.* |
3,868 | 62,661 | |||
| TICC Capital Corp. |
104 | 535 | |||
| TradeStation Group, Inc.* |
108 | 1,010 | |||
| U.S. Global Investors, Inc. Class A |
65 | 653 | |||
| Waddell & Reed Financial, Inc. Class A |
137 | 3,391 | |||
| Total Capital Markets | 774,830 | ||||
| Chemicals – 2.0% | |||||
| Air Products & Chemicals, Inc. |
275 | 18,835 | |||
| Airgas, Inc. |
165 | 8,192 | |||
| Albemarle Corp. |
176 | 5,428 | |||
| Ashland, Inc. |
99 | 2,895 | |||
| Cabot Corp. |
143 | 4,545 | |||
| Celanese Corp. Series A |
155 | 4,326 | |||
| CF Industries Holdings, Inc. |
89 | 8,140 | |||
| Cytec Industries, Inc. |
110 | 4,280 | |||
| Dow Chemical Co. (The) |
2,298 | 73,030 | |||
| E.I. Du Pont de Nemours & Co. |
1,982 | 79,876 | |||
| Eastman Chemical Co. |
126 | 6,938 | |||
| Investments | Shares | Value | |||
| Ecolab, Inc. |
242 | $ | 11,742 | ||
| FMC Corp. |
90 | 4,625 | |||
| H.B. Fuller Co. |
174 | 3,631 | |||
| Hercules, Inc. |
623 | 12,329 | |||
| International Flavors & Fragrances, Inc. |
143 | 5,643 | |||
| Lubrizol Corp. |
132 | 5,694 | |||
| Monsanto Co. |
283 | 28,011 | |||
| Mosaic Co. (The)* |
275 | 18,706 | |||
| Nalco Holding Co. |
286 | 5,302 | |||
| NewMarket Corp. |
55 | 2,891 | |||
| Olin Corp. |
144 | 2,794 | |||
| OM Group, Inc.* |
34 | 765 | |||
| PPG Industries, Inc. |
341 | 19,887 | |||
| Praxair, Inc. |
372 | 26,687 | |||
| Rockwood Holdings, Inc.* |
110 | 2,823 | |||
| Rohm & Haas Co. |
360 | 25,200 | |||
| RPM International, Inc. |
360 | 6,962 | |||
| Scotts Miracle-Gro Co. (The) Class A |
121 | 2,860 | |||
| Sensient Technologies Corp. |
111 | 3,122 | |||
| Sigma-Aldrich Corp. |
198 | 10,379 | |||
| Spartech Corp. |
16 | 158 | |||
| Terra Industries, Inc. |
140 | 4,116 | |||
| Valspar Corp. (The) |
242 | 5,394 | |||
| Westlake Chemical Corp. |
231 | 4,858 | |||
| Total Chemicals | 431,064 | ||||
| Commercial Banks – 4.7% | |||||
| 1st Source Corp. |
79 | 1,857 | |||
| Associated Banc-Corp |
286 | 5,706 | |||
| Bancorp, Inc. (The)* |
86 | 430 | |||
| BancorpSouth, Inc. |
264 | 7,426 | |||
| Bank of Hawaii Corp. |
132 | 7,055 | |||
| BB&T Corp. |
1,401 | 52,958 | |||
| BOK Financial Corp. |
132 | 6,390 | |||
| Boston Private Financial Holdings, Inc. |
128 | 1,119 | |||
| Capital City Bank Group, Inc. |
3 | 94 | |||
| Capitol Bancorp Ltd. |
108 | 2,105 | |||
| Cascade Bancorp |
145 | 1,289 | |||
| Cathay General Bancorp |
198 | 4,712 | |||
| Center Financial Corp. |
75 | 958 | |||
| Central Pacific Financial Corp. |
165 | 2,774 | |||
| Citizens Republic Bankcorp, Inc. |
286 | 881 | |||
| City Bank (Lynnwood WA) |
54 | 842 | |||
| City National Corp. |
99 | 5,376 | |||
| Colonial BancGroup, Inc. (The) |
549 | 4,315 | |||
| Comerica, Inc. |
502 | 16,461 | |||
| Commerce Bancshares, Inc. |
140 | 6,496 | |||
| Community Bancorp/NV* |
133 | 846 | |||
| Cullen/Frost Bankers, Inc. |
132 | 7,920 | |||
| CVB Financial Corp. |
307 | 4,267 | |||
| East West Bancorp, Inc. |
176 | 2,411 | |||
| Fifth Third Bancorp |
1,304 | 15,518 | |||
| First Bancorp (Puerto Rico) |
137 | 1,515 | |||
| First Citizens BancShares, Inc. Class A |
33 | 5,907 | |||
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 11 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| First Horizon National Corp. |
328 | $ | 3,070 | ||
| First Midwest Bancorp, Inc. |
187 | 4,533 | |||
| First Regional Bancorp* |
78 | 488 | |||
| First State Bancorporation (NM) |
165 | 881 | |||
| FirstMerit Corp. |
308 | 6,468 | |||
| FNB Corp./PA |
266 | 4,251 | |||
| Frontier Financial Corp. |
200 | 2,686 | |||
| Fulton Financial Corp. |
429 | 4,680 | |||
| Glacier Bancorp, Inc. |
210 | 5,202 | |||
| Hancock Holding Co. |
101 | 5,151 | |||
| Hanmi Financial Corp. |
238 | 1,202 | |||
| Heartland Financial USA, Inc. |
60 | 1,504 | |||
| Huntington Bancshares, Inc. |
883 | 7,055 | |||
| Independent Bank Corp. (MI) |
122 | 755 | |||
| International Bancshares Corp. |
253 | 6,831 | |||
| Intervest Bancshares Corp. Class A |
65 | 496 | |||
| Irwin Financial Corp. |
208 | 822 | |||
| KeyCorp |
1,455 | 17,373 | |||
| M&T Bank Corp. |
275 | 24,544 | |||
| Macatawa Bank Corp. |
153 | 1,069 | |||
| Marshall & Ilsley Corp. |
881 | 17,752 | |||
| MB Financial, Inc. |
132 | 4,365 | |||
| Mercantile Bank Corp. |
57 | 455 | |||
| Nara Bancorp, Inc. |
79 | 885 | |||
| National City Corp. |
1,415 | 2,476 | |||
| National Penn Bancshares, Inc. |
219 | 3,197 | |||
| NBT Bancorp, Inc. |
132 | 3,949 | |||
| Old National Bancorp |
238 | 4,765 | |||
| Pacific Capital Bancorp |
209 | 4,253 | |||
| PacWest Bancorp |
100 | 2,859 | |||
| Park National Corp. |
57 | 4,446 | |||
| PNC Financial Services Group, Inc. (The) |
703 | 52,514 | |||
| Popular, Inc. |
883 | 7,320 | |||
| PrivateBancorp, Inc. |
35 | 1,458 | |||
| Prosperity Bancshares, Inc. |
131 | 4,453 | |||
| Provident Bankshares Corp. |
143 | 1,389 | |||
| Regions Financial Corp. |
2,075 | 19,920 | |||
| S&T Bancorp, Inc. |
30 | 1,105 | |||
| Santander BanCorp |
175 | 1,890 | |||
| Seacoast Banking Corp. of Florida |
112 | 1,202 | |||
| Security Bank Corp. |
306 | 1,270 | |||
| Sierra Bancorp |
1 | 21 | |||
| South Financial Group, Inc. (The) |
264 | 1,935 | |||
| StellarOne Corp. |
57 | 1,178 | |||
| Sterling Financial Corp. /WA |
254 | 3,683 | |||
| SunTrust Banks, Inc. |
889 | 39,996 | |||
| Susquehanna Bancshares, Inc. |
195 | 3,806 | |||
| SVB Financial Group* |
99 | 5,734 | |||
| Synovus Financial Corp. |
801 | 8,290 | |||
| Taylor Capital Group, Inc. |
112 | 1,343 | |||
| TCF Financial Corp. |
447 | 8,046 | |||
| Temecula Valley Bancorp, Inc. |
85 | 463 | |||
| Trustmark Corp. |
231 | 4,791 | |||
| U.S. Bancorp |
4,143 | 149,230 | |||
| Investments | Shares | Value | |||
| UCBH Holdings, Inc. |
352 | $ | 2,256 | ||
| UMB Financial Corp. |
96 | 5,042 | |||
| Umpqua Holdings Corp. |
230 | 3,383 | |||
| United Bankshares, Inc. |
163 | 5,705 | |||
| United Community Banks, Inc. |
210 | 2,785 | |||
| United Security Bancshares (CA) |
67 | 1,096 | |||
| Valley National Bancorp |
297 | 6,225 | |||
| Vineyard National Bancorp |
161 | 201 | |||
| Virginia Commerce Bancorp* |
74 | 463 | |||
| W Holding Co., Inc. |
2,444 | 1,320 | |||
| Wachovia Corp. |
6,519 | 22,817 | |||
| Webster Financial Corp. |
143 | 3,611 | |||
| Wells Fargo & Co. |
8,549 | 320,843 | |||
| WesBanco, Inc. |
109 | 2,902 | |||
| West Coast Bancorp (OR) |
121 | 1,774 | |||
| Westamerica Bancorp |
93 | 5,350 | |||
| Western Alliance Bancorp* |
33 | 510 | |||
| Whitney Holding Corp. |
209 | 5,068 | |||
| Wilmington Trust Corp. |
154 | 4,440 | |||
| Wilshire Bancorp, Inc. |
123 | 1,497 | |||
| Wintrust Financial Corp. |
66 | 1,937 | |||
| Zions Bancorp. |
345 | 13,352 | |||
| Total Commercial Banks | 1,049,705 | ||||
| Commercial Services & Supplies – 0.7% | |||||
| Allied Waste Industries, Inc.* |
550 | 6,111 | |||
| American Reprographics Co.* |
233 | 4,019 | |||
| Amrep Corp.* |
9 | 382 | |||
| Avery Dennison Corp. |
211 | 9,385 | |||
| Brink’s Co. (The) |
110 | 6,712 | |||
| Cintas Corp. |
356 | 10,221 | |||
| Copart, Inc.* |
145 | 5,510 | |||
| Corrections Corp. of America* |
172 | 4,274 | |||
| Covanta Holding Corp.* |
121 | 2,897 | |||
| Deluxe Corp. |
220 | 3,166 | |||
| Herman Miller, Inc. |
176 | 4,307 | |||
| HNI Corp. |
143 | 3,624 | |||
| IKON Office Solutions, Inc. |
473 | 8,046 | |||
| Iron Mountain, Inc.* |
134 | 3,271 | |||
| Kimball International, Inc. Class B |
79 | 853 | |||
| Knoll, Inc. |
219 | 3,311 | |||
| Mine Safety Appliances Co. |
63 | 2,402 | |||
| PeopleSupport, Inc.* |
12 | 140 | |||
| Pitney Bowes, Inc. |
470 | 15,632 | |||
| R.R. Donnelley & Sons Co. |
297 | 7,285 | |||
| Republic Services, Inc. |
297 | 8,904 | |||
| Rollins, Inc. |
220 | 4,176 | |||
| Steelcase, Inc. Class A |
330 | 3,548 | |||
| Stericycle, Inc.* |
64 | 3,770 | |||
| United Stationers, Inc.* |
100 | 4,783 | |||
| Waste Connections, Inc.* |
133 | 4,562 | |||
| Waste Management, Inc. |
913 | 28,749 | |||
| Total Commercial Services & Supplies | 160,040 | ||||
See Notes to Financial Statements.
| 12 | WisdomTree Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| Communications Equipment – 1.8% | |||||
| ADC Telecommunications, Inc.* |
317 | $ | 2,679 | ||
| Adtran, Inc. |
156 | 3,040 | |||
| Arris Group, Inc.* |
557 | 4,306 | |||
| Brocade Communications Systems, Inc.* |
681 | 3,963 | |||
| Cisco Systems, Inc.* |
8,345 | 188,262 | |||
| CommScope, Inc.* |
153 | 5,300 | |||
| Comtech Telecommunications Corp.* |
67 | 3,299 | |||
| Corning, Inc. |
2,715 | 42,463 | |||
| EchoStar Corp. Class A* |
90 | 2,169 | |||
| F5 Networks, Inc.* |
176 | 4,115 | |||
| Foundry Networks, Inc.* |
205 | 3,733 | |||
| Harris Corp. |
198 | 9,148 | |||
| InterDigital, Inc.* |
86 | 2,068 | |||
| Juniper Networks, Inc.* |
284 | 5,984 | |||
| Motorola, Inc. |
1,213 | 8,661 | |||
| Polycom, Inc.* |
198 | 4,580 | |||
| Qualcomm, Inc. |
2,323 | 99,819 | |||
| Tellabs, Inc.* |
834 | 3,386 | |||
| Total Communications Equipment | 396,975 | ||||
| Computers & Peripherals – 3.2% | |||||
| Apple, Inc.* |
562 | 63,877 | |||
| Dell, Inc.* |
3,469 | 57,169 | |||
| Diebold, Inc. |
143 | 4,735 | |||
| EMC Corp.* |
2,474 | 29,589 | |||
| Hewlett-Packard Co. |
3,839 | 177,515 | |||
| International Business Machines Corp. |
2,673 | 312,634 | |||
| Intevac, Inc.* |
141 | 1,500 | |||
| Lexmark International, Inc. Class A* |
308 | 10,032 | |||
| NCR Corp.* |
297 | 6,549 | |||
| NetApp, Inc.* |
383 | 6,982 | |||
| QLogic Corp.* |
374 | 5,745 | |||
| SanDisk Corp.* |
108 | 2,111 | |||
| Sun Microsystems, Inc.* |
911 | 6,924 | |||
| Western Digital Corp.* |
623 | 13,282 | |||
| Total Computers & Peripherals | 698,644 | ||||
| Construction & Engineering – 0.2% | |||||
| Aecom Technology Corp.* |
153 | 3,739 | |||
| Dycom Industries, Inc.* |
35 | 456 | |||
| EMCOR Group, Inc.* |
242 | 6,369 | |||
| Fluor Corp. |
158 | 8,801 | |||
| Granite Construction Inc. |
121 | 4,334 | |||
| Jacobs Engineering Group, Inc.* |
82 | 4,453 | |||
| KBR, Inc. |
188 | 2,871 | |||
| Mastec, Inc.* |
152 | 2,020 | |||
| Northwest Pipe Co.* |
47 | 2,050 | |||
| Perini Corp.* |
78 | 2,012 | |||
| Quanta Services, Inc.* |
189 | 5,105 | |||
| URS Corp.* |
88 | 3,227 | |||
| Total Construction & Engineering | 45,437 | ||||
| Construction Materials – 0.1% | |||||
| Eagle Materials, Inc. |
143 | 3,199 | |||
| Investments | Shares | Value | |||
| Martin Marietta Materials, Inc. |
66 | $ | 7,391 | ||
| Texas Industries, Inc. |
49 | 2,002 | |||
| Vulcan Materials Co. |
172 | 12,814 | |||
| Total Construction Materials | 25,406 | ||||
| Consumer Finance – 1.0% | |||||
| Advance America Cash Advance Centers, Inc. |
361 | 1,079 | |||
| Advanta Corp. Class B |
392 | 3,226 | |||
| American Express Co. |
2,177 | 77,132 | |||
| AmeriCredit Corp.* |
942 | 9,542 | |||
| Capital One Financial Corp. |
1,680 | 85,681 | |||
| Cash America International, Inc. |
107 | 3,856 | |||
| CompuCredit Corp.* |
198 | 776 | |||
| Credit Acceptance Corp.* |
130 | 2,210 | |||
| Discover Financial Services |
1,352 | 18,685 | |||
| Ezcorp, Inc. Class A* |
63 | 1,184 | |||
| First Cash Financial Services, Inc.* |
104 | 1,560 | |||
| First Marblehead Corp. (The)* |
980 | 2,440 | |||
| Nelnet, Inc. Class A |
42 | 596 | |||
| SLM Corp.* |
953 | 11,760 | |||
| Student Loan Corp. (The) |
44 | 4,092 | |||
| World Acceptance Corp.* |
63 | 2,268 | |||
| Total Consumer Finance | 226,087 | ||||
| Containers & Packaging – 0.3% | |||||
| AEP Industries, Inc.* |
1 | 20 | |||
| AptarGroup, Inc. |
112 | 4,380 | |||
| Ball Corp. |
198 | 7,819 | |||
| Bemis Co., Inc. |
198 | 5,190 | |||
| Crown Holdings, Inc.* |
425 | 9,439 | |||
| Greif, Inc. Class A |
110 | 7,218 | |||
| Owens-Illinois, Inc.* |
187 | 5,498 | |||
| Packaging Corp. of America |
194 | 4,497 | |||
| Pactiv Corp.* |
209 | 5,189 | |||
| Rock-Tenn Co. Class A |
132 | 5,277 | |||
| Sealed Air Corp. |
463 | 10,182 | |||
| Silgan Holdings, Inc. |
78 | 3,985 | |||
| Sonoco Products Co. |
176 | 5,224 | |||
| Temple-Inland, Inc. |
209 | 3,189 | |||
| Total Containers & Packaging | 77,107 | ||||
| Distributors – 0.1% | |||||
| Genuine Parts Co. |
286 | 11,500 | |||
| LKQ Corp.* |
207 | 3,513 | |||
| Total Distributors | 15,013 | ||||
| Diversified Consumer Services – 0.2% | |||||
| Apollo Group, Inc. Class A* |
183 | 10,851 | |||
| Career Education Corp.* |
156 | 2,551 | |||
| DeVry, Inc. |
54 | 2,675 | |||
| H&R Block, Inc. |
517 | 11,761 | |||
| Hillenbrand, Inc. |
141 | 2,843 | |||
| ITT Educational Services, Inc.* |
46 | 3,722 | |||
| Jackson Hewitt Tax Service, Inc. |
28 | 430 | |||
| Matthews International Corp. Class A |
66 | 3,349 | |||
| Regis Corp. |
165 | 4,538 | |||
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 13 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| Service Corp International |
251 | $ | 2,098 | ||
| Sotheby’s |
176 | 3,531 | |||
| Weight Watchers International, Inc. |
132 | 4,831 | |||
| Total Diversified Consumer Services | 53,180 | ||||
| Diversified Financial Services – 6.4% | |||||
| Asta Funding, Inc. |
54 | 379 | |||
| Bank of America Corp. |
13,809 | 483,315 | |||
| CIT Group, Inc. |
219 | 1,524 | |||
| Citigroup, Inc. |
17,778 | 364,627 | |||
| CME Group, Inc. |
22 | 8,173 | |||
| Encore Capital Group, Inc.* |
151 | 2,069 | |||
| Financial Federal Corp. |
44 | 1,008 | |||
| IntercontinentalExchange, Inc.* |
46 | 3,711 | |||
| JPMorgan Chase & Co. |
11,042 | 515,662 | |||
| Marlin Business Services Corp.* |
79 | 670 | |||
| Medallion Financial Corp. |
88 | 921 | |||
| Moody’s Corp. |
648 | 22,032 | |||
| Nasdaq Stock Market, Inc. (The)* |
187 | 5,717 | |||
| NYSE Euronext |
207 | 8,110 | |||
| Portfolio Recovery Associates, Inc.* |
32 | 1,556 | |||
| Total Diversified Financial Services | 1,419,474 | ||||
| Diversified Telecommunication Services – 1.9% | |||||
| AT&T, Inc. |
7,752 | 216,435 | |||
| CenturyTel, Inc. |
229 | 8,393 | |||
| Cincinnati Bell, Inc.* |
856 | 2,645 | |||
| Embarq Corp. |
418 | 16,950 | |||
| Fairpoint Communications, Inc. |
76 | 659 | |||
| Frontier Communications Corp. |
559 | 6,429 | |||
| Qwest Communications International, Inc. |
12,283 | 39,674 | |||
| Verizon Communications, Inc. |
4,010 | 128,681 | |||
| Windstream Corp. |
924 | 10,109 | |||
| Total Diversified Telecommunication Services | 429,975 | ||||
| Electric Utilities – 1.9% | |||||
| Allegheny Energy, Inc.* |
176 | 6,472 | |||
| ALLETE, Inc. |
115 | 5,118 | |||
| American Electric Power Co., Inc. |
658 | 24,366 | |||
| Cleco Corp. |
195 | 4,924 | |||
| DPL, Inc. |
231 | 5,729 | |||
| Duke Energy Corp. |
2,580 | 44,969 | |||
| Edison International |
594 | 23,701 | |||
| EL Paso Electric Co.* |
148 | 3,108 | |||
| Entergy Corp. |
304 | 27,059 | |||
| Exelon Corp. |
1,240 | 77,648 | |||
| FirstEnergy Corp. |
527 | 35,304 | |||
| FPL Group, Inc. |
515 | 25,905 | |||
| Great Plains Energy, Inc. |
220 | 4,888 | |||
| IDACORP, Inc. |
132 | 3,840 | |||
| ITC Holdings Corp. |
74 | 3,831 | |||
| Northeast Utilities |
231 | 5,925 | |||
| Pepco Holdings, Inc. |
264 | 6,048 | |||
| Pinnacle West Capital Corp. |
217 | 7,467 | |||
| Portland General Electric Co. |
220 | 5,205 | |||
| PPL Corp. |
547 | 20,250 | |||
| Investments | Shares | Value | |||
| Progress Energy, Inc. |
463 | $ | 19,969 | ||
| Sierra Pacific Resources |
378 | 3,621 | |||
| Southern Co. |
1,234 | 46,509 | |||
| UniSource Energy Corp. |
120 | 3,503 | |||
| Westar Energy, Inc. |
253 | 5,829 | |||
| Total Electric Utilities | 421,188 | ||||
| Electrical Equipment – 0.5% | |||||
| A.O. Smith Corp. |
112 | 4,389 | |||
| Acuity Brands, Inc. |
121 | 5,053 | |||
| AMETEK, Inc. |
198 | 8,072 | |||
| Baldor Electric Co. |
118 | 3,400 | |||
| Belden, Inc. |
104 | 3,306 | |||
| Brady Corp. Class A |
122 | 4,304 | |||
| Emerson Electric Co. |
1,071 | 43,687 | |||
| First Solar, Inc.* |
11 | 2,078 | |||
| General Cable Corp.* |
97 | 3,456 | |||
| GrafTech International Ltd.* |
186 | 2,810 | |||
| Hubbell, Inc. Class B |
143 | 5,012 | |||
| Regal-Beloit Corp. |
107 | 4,550 | |||
| Rockwell Automation, Inc. |
262 | 9,784 | |||
| Roper Industries, Inc. |
132 | 7,519 | |||
| Sunpower Corp. Class B* |
48 | 3,313 | |||
| Thomas & Betts Corp.* |
143 | 5,587 | |||
| Woodward Governor Co. |
98 | 3,456 | |||
| Total Electrical Equipment | 119,776 | ||||
| Electronic Equipment & Instruments – 0.5% | |||||
| Agilent Technologies, Inc.* |
407 | 12,071 | |||
| Amphenol Corp. Class A |
220 | 8,831 | |||
| Anixter International, Inc.* |
130 | 7,736 | |||
| Arrow Electronics, Inc.* |
362 | 9,492 | |||
| Avnet, Inc.* |
408 | 10,048 | |||
| AVX Corp. |
462 | 4,708 | |||
| Benchmark Electronics, Inc.* |
275 | 3,872 | |||
| Dolby Laboratories, Inc. Class A* |
99 | 3,484 | |||
| Flir Systems, Inc.* |
137 | 5,264 | |||
| Gerber Scientific, Inc.* |
31 | 283 | |||
| Ingram Micro, Inc. Class A* |
472 | 7,585 | |||
| Insight Enterprises, Inc.* |
178 | 2,387 | |||
| Jabil Circuit, Inc. |
264 | 2,519 | |||
| Mettler-Toledo International, Inc.* |
49 | 4,802 | |||
| Molex, Inc. |
253 | 5,680 | |||
| Multi-Fineline Electronix, Inc.* |
43 | 636 | |||
| National Instruments Corp. |
123 | 3,696 | |||
| Plexus Corp.* |
87 | 1,801 | |||
| Rofin-Sinar Technologies, Inc.* |
100 | 3,061 | |||
| Rogers Corp.* |
31 | 1,146 | |||
| SYNNEX Corp.* |
175 | 3,910 | |||
| Tech Data Corp.* |
112 | 3,343 | |||
| Technitrol, Inc. |
120 | 1,775 | |||
| Trimble Navigation Ltd.* |
131 | 3,388 | |||
| Vishay Intertechnology, Inc.* |
473 | 3,131 | |||
| Total Electronic Equipment & Instruments | 114,649 | ||||
See Notes to Financial Statements.
| 14 | WisdomTree Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| Energy Equipment & Services – 1.8% | |||||
| Atwood Oceanics, Inc.* |
46 | $ | 1,674 | ||
| Baker Hughes, Inc. |
550 | 33,298 | |||
| Basic Energy Services, Inc.* |
183 | 3,898 | |||
| BJ Services Co. |
960 | 18,365 | |||
| Bristow Group, Inc.* |
35 | 1,184 | |||
| Cal Dive International, Inc.* |
350 | 3,710 | |||
| Cameron International Corp.* |
265 | 10,213 | |||
| Complete Production Services, Inc.* |
371 | 7,468 | |||
| Diamond Offshore Drilling, Inc. |
196 | 20,200 | |||
| Dresser-Rand Group, Inc.* |
64 | 2,014 | |||
| Dril-Quip, Inc.* |
53 | 2,300 | |||
| ENSCO International, Inc. |
540 | 31,120 | |||
| FMC Technologies, Inc.* |
126 | 5,865 | |||
| Global Industries Ltd.* |
233 | 1,617 | |||
| Grey Wolf, Inc.* |
1,318 | 10,254 | |||
| Gulfmark Offshore, Inc.* |
42 | 1,885 | |||
| Halliburton Co. |
2,041 | 66,109 | |||
| Helix Energy Solutions Group, Inc.* |
152 | 3,691 | |||
| Helmerich & Payne, Inc. |
307 | 13,259 | |||
| Hercules Offshore, Inc.* |
221 | 3,350 | |||
| Hornbeck Offshore Services, Inc.* |
76 | 2,935 | |||
| IHS Inc. Class A* |
52 | 2,477 | |||
| Key Energy Group, Inc.* |
422 | 4,895 | |||
| Lufkin Industries, Inc. |
67 | 5,316 | |||
| National Oilwell Varco, Inc.* |
549 | 27,576 | |||
| Oceaneering International, Inc.* |
60 | 3,199 | |||
| Oil States International, Inc.* |
206 | 7,282 | |||
| Parker Drilling Co.* |
349 | 2,799 | |||
| Patterson-UTI Energy, Inc. |
759 | 15,195 | |||
| Pioneer Drilling Co.* |
111 | 1,476 | |||
| Pride International, Inc.* |
385 | 11,400 | |||
| Rowan Cos., Inc. |
329 | 10,051 | |||
| RPC, Inc. |
300 | 4,218 | |||
| SEACOR Holdings, Inc.* |
68 | 5,369 | |||
| Smith International, Inc. |
282 | 16,536 | |||
| Superior Energy Services, Inc.* |
231 | 7,193 | |||
| Tetra Technologies, Inc.* |
208 | 2,881 | |||
| Tidewater, Inc. |
199 | 11,017 | |||
| Trico Marine Services, Inc.* |
34 | 581 | |||
| Unit Corp.* |
206 | 10,263 | |||
| Total Energy Equipment & Services | 394,133 | ||||
| Food & Staples Retailing – 3.3% | |||||
| Andersons, Inc. (The) |
16 | 564 | |||
| BJ’s Wholesale Club, Inc.* |
109 | 4,236 | |||
| Casey’s General Stores, Inc. |
120 | 3,620 | |||
| Costco Wholesale Corp. |
491 | 31,881 | |||
| CVS/Caremark Corp. |
1,685 | 56,716 | |||
| Ingles Markets, Inc. Class A |
67 | 1,530 | |||
| Kroger Co. (The) |
1,223 | 33,608 | |||
| Longs Drug Stores Corp. |
75 | 5,673 | |||
| Nash Finch Co. |
12 | 517 | |||
| Pantry, Inc. (The)* |
74 | 1,568 | |||
| Investments | Shares | Value | |||
| Ruddick Corp. |
21 | $ | 681 | ||
| Safeway, Inc. |
773 | 18,336 | |||
| SUPERVALU, Inc. |
385 | 8,355 | |||
| SYSCO Corp. |
988 | 30,460 | |||
| Walgreen Co. |
1,707 | 52,849 | |||
| Wal-Mart Stores, Inc. |
8,019 | 480,257 | |||
| Whole Foods Market, Inc. |
154 | 3,085 | |||
| Winn-Dixie Stores, Inc.* |
195 | 2,711 | |||
| Total Food & Staples Retailing | 736,647 | ||||
| Food Products – 1.6% | |||||
| Archer-Daniels-Midland Co. |
1,312 | 28,746 | |||
| Cal-Maine Foods, Inc. |
111 | 3,046 | |||
| Campbell Soup Co. |
648 | 25,013 | |||
| ConAgra Foods, Inc. |
894 | 17,397 | |||
| Corn Products International, Inc. |
209 | 6,747 | |||
| Dean Foods Co.* |
187 | 4,368 | |||
| Del Monte Foods Co. |
583 | 4,547 | |||
| Flowers Foods, Inc. |
153 | 4,492 | |||
| General Mills, Inc. |
539 | 37,039 | |||
| H.J. Heinz Co. |
518 | 25,884 | |||
| Hershey Co. (The) |
255 | 10,083 | |||
| Hormel Foods Corp. |
231 | 8,381 | |||
| Imperial Sugar Co. |
9 | 122 | |||
| J.M. Smucker Co. (The) |
143 | 7,249 | |||
| Kellogg Co. |
605 | 33,941 | |||
| Kraft Foods, Inc. Class A |
2,092 | 68,512 | |||
| Lancaster Colony Corp. |
89 | 3,352 | |||
| McCormick & Co., Inc. |
176 | 6,767 | |||
| Sanderson Farms, Inc. |
101 | 3,711 | |||
| Sara Lee Corp. |
631 | 7,970 | |||
| Smithfield Foods, Inc.* |
253 | 4,018 | |||
| Tootsie Roll Industries, Inc. |
228 | 6,591 | |||
| Tyson Foods, Inc. Class A |
605 | 7,224 | |||
| Wm. Wrigley Jr. Co. |
297 | 23,582 | |||
| Total Food Products | 348,782 | ||||
| Gas Utilities – 0.4% | |||||
| AGL Resources, Inc. |
176 | 5,523 | |||
| Atmos Energy Corp. |
209 | 5,564 | |||
| Energen Corp. |
153 | 6,928 | |||
| Equitable Resources, Inc. |
107 | 3,925 | |||
| National Fuel Gas Co. |
109 | 4,598 | |||
| New Jersey Resources Corp. |
123 | 4,414 | |||
| Nicor, Inc. |
143 | 6,342 | |||
| Northwest Natural Gas Co. |
75 | 3,900 | |||
| ONEOK, Inc. |
154 | 5,298 | |||
| Piedmont Natural Gas Co., Inc. |
188 | 6,008 | |||
| Questar Corp. |
286 | 11,702 | |||
| South Jersey Industries, Inc. |
90 | 3,213 | |||
| Southwest Gas Corp. |
176 | 5,326 | |||
| UGI Corp. |
253 | 6,522 | |||
| WGL Holdings, Inc. |
137 | 4,446 | |||
| Total Gas Utilities | 83,709 | ||||
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 15 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| Health Care Equipment & Supplies – 1.5% | |||||
| Baxter International, Inc. |
836 | $ | 54,866 | ||
| Beckman Coulter, Inc. |
110 | 7,809 | |||
| Becton Dickinson & Co. |
330 | 26,485 | |||
| Boston Scientific Corp.* |
759 | 9,313 | |||
| C.R. Bard, Inc. |
121 | 11,479 | |||
| Cooper Cos., Inc. (The) |
31 | 1,078 | |||
| DENTSPLY International, Inc. |
209 | 7,846 | |||
| Edwards Lifesciences Corp.* |
132 | 7,624 | |||
| Gen-Probe, Inc.* |
52 | 2,759 | |||
| Haemonetics Corp.* |
46 | 2,839 | |||
| Hill-Rom Holdings, Inc. |
141 | 4,274 | |||
| Hologic, Inc.* |
96 | 1,856 | |||
| Hospira, Inc.* |
99 | 3,782 | |||
| IDEXX Laboratories, Inc.* |
65 | 3,562 | |||
| Immucor, Inc.* |
109 | 3,484 | |||
| Intuitive Surgical, Inc.* |
10 | 2,410 | |||
| Kinetic Concepts, Inc.* |
143 | 4,088 | |||
| Medtronic, Inc. |
1,706 | 85,470 | |||
| Mentor Corp. |
96 | 2,291 | |||
| Resmed, Inc.* |
89 | 3,827 | |||
| St. Jude Medical, Inc.* |
492 | 21,397 | |||
| STERIS Corp. |
133 | 4,998 | |||
| Stryker Corp. |
407 | 25,356 | |||
| Varian Medical Systems, Inc.* |
154 | 8,798 | |||
| West Pharmaceutical Services, Inc. |
118 | 5,761 | |||
| Zimmer Holdings, Inc.* |
361 | 23,306 | |||
| Total Health Care Equipment & Supplies | 336,758 | ||||
| Health Care Providers & Services – 2.0% | |||||
| Aetna, Inc. |
949 | 34,268 | |||
| Amedisys, Inc.* |
56 | 2,726 | |||
| AMERIGROUP Corp.* |
142 | 3,584 | |||
| AmerisourceBergen Corp. |
286 | 10,768 | |||
| Apria Healthcare Group, Inc.* |
170 | 3,101 | |||
| Cardinal Health, Inc. |
605 | 29,814 | |||
| Centene Corp.* |
115 | 2,359 | |||
| Chemed Corp. |
41 | 1,683 | |||
| Cigna Corp. |
657 | 22,325 | |||
| Community Health Systems, Inc.* |
187 | 5,481 | |||
| Coventry Health Care, Inc.* |
319 | 10,383 | |||
| DaVita, Inc.* |
154 | 8,780 | |||
| Emergency Medical Services Corp. Class A* |
64 | 1,912 | |||
| Express Scripts, Inc.* |
220 | 16,240 | |||
| Health Net, Inc.* |
141 | 3,328 | |||
| Healthsouth Corp.* |
229 | 4,220 | |||
| Healthspring, Inc.* |
207 | 4,380 | |||
| Henry Schein, Inc.* |
132 | 7,107 | |||
| Humana, Inc.* |
285 | 11,742 | |||
| Kindred Healthcare, Inc.* |
96 | 2,647 | |||
| Laboratory Corp. of America Holdings* |
176 | 12,232 | |||
| LifePoint Hospitals, Inc.* |
206 | 6,621 | |||
| Lincare Holdings, Inc.* |
207 | 6,229 | |||
| Magellan Health Services, Inc.* |
79 | 3,244 | |||
| Investments | Shares | Value | |||
| McKesson Corp. |
473 | $ | 25,452 | ||
| Medco Health Solutions, Inc.* |
536 | 24,120 | |||
| Omnicare, Inc. |
334 | 9,609 | |||
| Owens & Minor, Inc. |
82 | 3,977 | |||
| Patterson Cos., Inc.* |
176 | 5,352 | |||
| Pediatrix Medical Group, Inc.* |
89 | 4,799 | |||
| Psychiatric Solutions, Inc.* |
99 | 3,757 | |||
| Quest Diagnostics, Inc. |
319 | 16,483 | |||
| UnitedHealth Group, Inc. |
2,469 | 62,688 | |||
| Universal American Corp.* |
131 | 1,597 | |||
| Universal Health Services, Inc. Class B |
71 | 3,978 | |||
| VCA Antech, Inc.* |
108 | 3,183 | |||
| WellCare Health Plans, Inc.* |
170 | 6,120 | |||
| WellPoint, Inc.* |
1,146 | 53,598 | |||
| Total Health Care Providers & Services | 439,887 | ||||
| Health Care Technology – 0.1% | |||||
| Cerner Corp.* |
97 | 4,330 | |||
| HLTH Corp.* |
406 | 4,641 | |||
| IMS Health, Inc. |
419 | 7,923 | |||
| Total Health Care Technology | 16,894 | ||||
| Healthcare Equipment & Supplies – 0.0% | |||||
| Teleflex, Inc. |
60 | 3,809 | |||
| Hotels, Restaurants & Leisure – 0.9% | |||||
| Ambassadors Group, Inc. |
41 | 652 | |||
| Ameristar Casinos, Inc. |
129 | 1,831 | |||
| Bluegreen Corp.* |
111 | 767 | |||
| Bob Evans Farms, Inc. |
107 | 2,920 | |||
| Boyd Gaming Corp. |
143 | 1,338 | |||
| Brinker International, Inc. |
246 | 4,401 | |||
| Burger King Holdings, Inc. |
211 | 5,182 | |||
| CBRL Group, Inc. |
111 | 2,919 | |||
| CEC Entertainment, Inc.* |
120 | 3,984 | |||
| Cheesecake Factory (The)* |
164 | 2,398 | |||
| Chipotle Mexican Grill, Inc. Class A* |
22 | 1,221 | |||
| Choice Hotels International, Inc. |
176 | 4,770 | |||
| CKE Restaurants, Inc. |
86 | 912 | |||
| Darden Restaurants, Inc. |
347 | 9,935 | |||
| Domino’s Pizza, Inc.* |
37 | 449 | |||
| International Game Technology |
319 | 5,480 | |||
| International Speedway Corp. Class A |
82 | 3,191 | |||
| Interstate Hotels & Resorts, Inc.* |
195 | 458 | |||
| Interval Leisure Group, Inc.* |
75 | 780 | |||
| Jack in the Box, Inc.* |
220 | 4,642 | |||
| Las Vegas Sands Corp.* |
65 | 2,347 | |||
| Life Time Fitness, Inc.* |
32 | 1,001 | |||
| Marriott International, Inc. Class A |
612 | 15,967 | |||
| McDonald’s Corp. |
861 | 53,123 | |||
| MGM Mirage* |
239 | 6,812 | |||
| Penn National Gaming, Inc.* |
98 | 2,604 | |||
| Ruby Tuesday, Inc. |
309 | 1,789 | |||
| Scientific Games Corp. Class A* |
101 | 2,325 | |||
| Silverleaf Resorts, Inc.* |
46 | 57 | |||
See Notes to Financial Statements.
| 16 | WisdomTree Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| Sonic Corp.* |
133 | $ | 1,938 | ||
| Speedway Motorsports, Inc. |
121 | 2,357 | |||
| Starbucks Corp.* |
884 | 13,145 | |||
| Starwood Hotels & Resorts Worldwide, Inc. |
370 | 10,412 | |||
| Vail Resorts, Inc.* |
15 | 524 | |||
| Wyndham Worldwide Corp |
444 | 6,975 | |||
| Yum! Brands, Inc. |
894 | 29,153 | |||
| Total Hotels, Restaurants & Leisure | 208,759 | ||||
| Household Durables – 0.6% | |||||
| American Greetings Corp. Class A |
67 | 1,024 | |||
| Black & Decker Corp. (The) |
182 | 11,057 | |||
| Blyth, Inc. |
145 | 1,644 | |||
| Brookfield Homes Corp. |
243 | 3,489 | |||
| Ethan Allen Interiors, Inc. |
112 | 3,138 | |||
| Fortune Brands, Inc. |
316 | 18,126 | |||
| Harman International Industries, Inc. |
134 | 4,565 | |||
| Jarden Corp.* |
187 | 4,385 | |||
| Leggett & Platt, Inc. |
341 | 7,430 | |||
| Mohawk Industries, Inc.* |
176 | 11,861 | |||
| Newell Rubbermaid, Inc. |
530 | 9,148 | |||
| NVR, Inc.* |
25 | 14,300 | |||
| Sealy Corp. |
271 | 1,751 | |||
| Snap-On, Inc. |
143 | 7,530 | |||
| Stanley Works (The) |
200 | 8,348 | |||
| Tempur-Pedic International, Inc. |
164 | 1,929 | |||
| Toll Brothers, Inc.* |
480 | 12,110 | |||
| Tupperware Brands Corp. |
101 | 2,791 | |||
| Whirlpool Corp. |
219 | 17,365 | |||
| Total Household Durables | 141,991 | ||||
| Household Products – 1.9% | |||||
| Central Garden and Pet Co. Class A* |
98 | 583 | |||
| Church & Dwight Co., Inc. |
143 | 8,879 | |||
| Clorox Co. (The) |
220 | 13,792 | |||
| Colgate-Palmolive Co. |
583 | 43,929 | |||
| Energizer Holdings, Inc.* |
89 | 7,169 | |||
| Kimberly-Clark Corp. |
796 | 51,612 | |||
| Procter & Gamble Co. |
4,179 | 291,234 | |||
| WD-40 Co. |
21 | 755 | |||
| Total Household Products | 417,953 | ||||
| Independent Power Producers & Energy – 0.2% | |||||
| AES Corp. (The)* |
636 | 7,435 | |||
| Constellation Energy Group, Inc. |
230 | 5,589 | |||
| Dynegy, Inc. Class A* |
777 | 2,782 | |||
| Mirant Corp.* |
1,060 | 19,387 | |||
| NRG Energy, Inc.* |
315 | 7,796 | |||
| Reliant Energy, Inc.* |
145 | 1,066 | |||
| Total Independent Power Producers & Energy | 44,055 | ||||
| Industrial Conglomerates – 2.4% | |||||
| 3M Co. |
1,152 | 78,693 | |||
| Carlisle Cos., Inc. |
154 | 4,615 | |||
| General Electric Co. |
16,679 | 425,315 | |||
| Seaboard Corp. |
3 | 3,771 | |||
| Investments | Shares | Value | |||
| Textron, Inc. |
361 | $ | 10,570 | ||
| Total Industrial Conglomerates | 522,964 | ||||
| Insurance – 7.1% | |||||
| 21st Century Holding Co. |
122 | 642 | |||
| Alleghany Corp.* |
22 | 8,030 | |||
| Allstate Corp. (The) |
2,608 | 120,280 | |||
| AMBAC Financial Group, Inc. |
317 | 739 | |||
| American Equity Investment Life Holding Co., Inc. |
404 | 3,030 | |||
| American Family Life Assurance Co., Inc. |
711 | 41,771 | |||
| American Financial Group, Inc. |
459 | 13,541 | |||
| American International Group, Inc. |
7,678 | 25,568 | |||
| American National Insurance Co. |
55 | 4,748 | |||
| Amerisafe, Inc.* |
99 | 1,802 | |||
| Amtrust Financial Services, Inc. |
283 | 3,846 | |||
| AON Corp. |
528 | 23,739 | |||
| Arthur J. Gallagher & Co. |
231 | 5,927 | |||
| Assurant, Inc. |
385 | 21,175 | |||
| Berkshire Hathaway, Inc. Class B* |
86 | 377,969 | |||
| Brown & Brown, Inc. |
242 | 5,232 | |||
| Chubb Corp. (The) |
1,383 | 75,926 | |||
| Cincinnati Financial Corp. |
429 | 12,201 | |||
| CNA Financial Corp. |
890 | 23,354 | |||
| CNA Surety Corp.* |
206 | 3,440 | |||
| Delphi Financial Group, Inc. Class A |
176 | 4,935 | |||
| EMC Insurance Group, Inc. |
41 | 1,209 | |||
| Employers Holdings, Inc. |
415 | 7,213 | |||
| Erie Indemnity Co. Class A |
121 | 5,115 | |||
| FBL Financial Group, Inc. Class A |
118 | 3,291 | |||
| Fidelity National Financial, Inc. Class A |
605 | 8,894 | |||
| First American Corp. |
198 | 5,841 | |||
| Genworth Financial, Inc. Class A |
1,591 | 13,699 | |||
| Hanover Insurance Group, Inc. (The) |
143 | 6,509 | |||
| Harleysville Group, Inc. |
129 | 4,876 | |||
| Hartford Financial Services Group, Inc. (The) |
1,022 | 41,892 | |||
| HCC Insurance Holdings, Inc. |
406 | 10,962 | |||
| Hilb Rogal & Hobbs Co. |
97 | 4,534 | |||
| Horace Mann Educators Corp. |
200 | 2,574 | |||
| Independence Holding Co. |
174 | 2,010 | |||
| Infinity Property & Casualty Corp. |
133 | 5,480 | |||
| LandAmerica Financial Group, Inc. |
38 | 922 | |||
| Lincoln National Corp. |
711 | 30,438 | |||
| Loews Corp. |
1,268 | 50,073 | |||
| Markel Corp.* |
22 | 7,733 | |||
| Marsh & McLennan Cos., Inc. |
719 | 22,835 | |||
| MBIA, Inc. |
609 | 7,247 | |||
| Mercury General Corp. |
132 | 7,227 | |||
| Metlife, Inc. |
1,747 | 97,831 | |||
| National Western Life Insurance Co. Class A |
20 | 4,841 | |||
| Nationwide Financial Services, Inc. Class A |
466 | 22,988 | |||
| Navigators Group, Inc.* |
66 | 3,828 | |||
| NYMAGIC, Inc. |
79 | 1,995 | |||
| Odyssey Re Holdings Corp. |
209 | 9,154 | |||
| Old Republic International Corp. |
736 | 9,384 | |||
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 17 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| Philadelphia Consolidated Holding Co.* |
261 | $ | 15,287 | ||
| Phoenix Cos., Inc. (The) |
480 | 4,435 | |||
| Presidential Life Corp. |
53 | 837 | |||
| Principal Financial Group, Inc. |
439 | 19,092 | |||
| ProAssurance Corp.* |
132 | 7,392 | |||
| Progressive Corp. (The) |
2,163 | 37,636 | |||
| Protective Life Corp. |
227 | 6,472 | |||
| Prudential Financial, Inc. |
801 | 57,672 | |||
| Reinsurance Group of America, Inc. Class A |
210 | 11,340 | |||
| RLI Corp. |
98 | 6,085 | |||
| Safety Insurance Group, Inc. |
121 | 4,590 | |||
| SeaBright Insurance Holdings, Inc.* |
49 | 637 | |||
| Selective Insurance Group, Inc. |
253 | 5,799 | |||
| StanCorp Financial Group, Inc. |
143 | 7,436 | |||
| State Auto Financial Corp. |
178 | 5,174 | |||
| Torchmark Corp. |
242 | 14,472 | |||
| Tower Group, Inc. |
21 | 495 | |||
| Transatlantic Holdings, Inc. |
196 | 10,653 | |||
| Travelers Cos., Inc. (The) |
2,529 | 114,310 | |||
| United Fire & Casualty Co. |
156 | 4,460 | |||
| Unitrin, Inc. |
176 | 4,389 | |||
| Unum Group |
1,016 | 25,502 | |||
| W.R. Berkley Corp. |
756 | 17,804 | |||
| Wesco Financial Corp. |
11 | 3,927 | |||
| Zenith National Insurance Corp. |
210 | 7,694 | |||
| Total Insurance | 1,572,080 | ||||
| Internet & Catalog Retail – 0.1% | |||||
| Amazon.Com, Inc.* |
133 | 9,677 | |||
| Expedia, Inc.* |
341 | 5,153 | |||
| HSN Inc.* |
75 | 826 | |||
| NetFlix, Inc.* |
131 | 4,045 | |||
| NutriSystem, Inc. |
185 | 3,278 | |||
| priceline.com, Inc.* |
54 | 3,695 | |||
| Ticketmaster* |
75 | 805 | |||
| Total Internet & Catalog Retail | 27,479 | ||||
| Internet Software & Services – 0.5% | |||||
| Akamai Technologies, Inc.* |
89 | 1,552 | |||
| Digital River, Inc.* |
93 | 3,013 | |||
| eBay, Inc.* |
175 | 3,917 | |||
| Google, Inc. Class A* |
175 | 70,091 | |||
| IAC/InterActiveCorp* |
187 | 3,235 | |||
| Imergent, Inc. |
77 | 862 | |||
| j2 Global Communications, Inc.* |
66 | 1,541 | |||
| ValueClick, Inc.* |
155 | 1,586 | |||
| Yahoo! Inc.* |
847 | 14,653 | |||
| Total Internet Software & Services | 100,450 | ||||
| IT Services – 1.0% | |||||
| Affiliated Computer Services, Inc. Class A* |
154 | 7,797 | |||
| Alliance Data Systems Corp.* |
110 | 6,972 | |||
| Automatic Data Processing, Inc. |
649 | 27,745 | |||
| Broadridge Financial Solutions, Inc. |
294 | 4,525 | |||
| CACI International, Inc. Class A* |
45 | 2,255 | |||
| Investments | Shares | Value | |||
| Cass Information Systems, Inc. |
8 | $ | 287 | ||
| Cognizant Technology Solutions Corp. Class A* |
359 | 8,196 | |||
| Computer Sciences Corp.* |
220 | 8,842 | |||
| Convergys Corp.* |
264 | 3,902 | |||
| CSG Systems International, Inc.* |
211 | 3,699 | |||
| DST Systems, Inc.* |
99 | 5,543 | |||
| Fidelity National Information Services, Inc. |
305 | 5,630 | |||
| Fiserv, Inc.* |
264 | 12,492 | |||
| Global Payments, Inc. |
176 | 7,895 | |||
| Lender Processing Services, Inc. |
152 | 4,639 | |||
| Mantech International Corp.* |
76 | 4,506 | |||
| Mastercard, Inc. Class A |
110 | 19,506 | |||
| NeuStar, Inc. Class A* |
119 | 2,367 | |||
| Paychex, Inc. |
440 | 14,533 | |||
| Perot Systems Corp. Class A* |
315 | 5,465 | |||
| SAIC, Inc.* |
582 | 11,774 | |||
| SRA International, Inc. Class A* |
54 | 1,222 | |||
| Syntel, Inc. |
82 | 2,009 | |||
| TeleTech Holdings, Inc.* |
197 | 2,451 | |||
| Total System Services, Inc. |
628 | 10,299 | |||
| Western Union Co. (The) |
1,130 | 27,877 | |||
| Wright Express Corp.* |
87 | 2,597 | |||
| Total IT Services | 215,025 | ||||
| Leisure Equipment & Products – 0.2% | |||||
| Brunswick Corp. |
286 | 3,658 | |||
| Callaway Golf Co. |
159 | 2,237 | |||
| Hasbro, Inc. |
353 | 12,256 | |||
| Jakks Pacific, Inc.* |
76 | 1,893 | |||
| Mattel, Inc. |
788 | 14,215 | |||
| Polaris Industries, Inc. |
89 | 4,049 | |||
| Pool Corp. |
187 | 4,363 | |||
| RC2 Corp.* |
17 | 340 | |||
| Total Leisure Equipment & Products | 43,011 | ||||
| Life Sciences Tools & Services – 0.3% | |||||
| Bio-Rad Laboratories, Inc. Class A* |
41 | 4,064 | |||
| Charles River Laboratories International, Inc.* |
88 | 4,887 | |||
| Covance, Inc.* |
66 | 5,835 | |||
| Dionex Corp.* |
9 | 572 | |||
| Invitrogen Corp.* |
86 | 3,251 | |||
| Millipore Corp.* |
55 | 3,784 | |||
| Parexel International Corp.* |
10 | 287 | |||
| PerkinElmer, Inc. |
162 | 4,045 | |||
| Pharmaceutical Product Development, Inc. |
198 | 8,187 | |||
| TECHNE Corp.* |
19 | 1,370 | |||
| Thermo Fisher Scientific, Inc.* |
306 | 16,829 | |||
| Varian, Inc.* |
44 | 1,888 | |||
| Waters Corp.* |
132 | 7,680 | |||
| Total Life Sciences Tools & Services | 62,679 | ||||
| Machinery – 2.2% | |||||
| Accuride Corp. * |
108 | 173 | |||
| Actuant Corp. Class A |
143 | 3,609 | |||
| AGCO Corp.* |
97 | 4,133 | |||
See Notes to Financial Statements.
| 18 | WisdomTree Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| Barnes Group, Inc. |
134 | $ | 2,709 | ||
| Bucyrus International, Inc. Class A |
66 | 2,949 | |||
| Cascade Corp. |
11 | 482 | |||
| Caterpillar, Inc. |
1,515 | 90,293 | |||
| CLARCOR, Inc. |
115 | 4,364 | |||
| Columbus McKinnon Corp.* |
12 | 283 | |||
| Cummins, Inc. |
396 | 17,313 | |||
| Danaher Corp. |
429 | 29,773 | |||
| Deere & Co. |
648 | 32,076 | |||
| Donaldson Co., Inc. |
115 | 4,820 | |||
| Dover Corp. |
429 | 17,396 | |||
| Eaton Corp. |
348 | 19,551 | |||
| EnPro Industries, Inc.* |
148 | 5,500 | |||
| Flowserve Corp. |
76 | 6,747 | |||
| Freightcar America, Inc. |
110 | 3,220 | |||
| Gardner Denver, Inc.* |
187 | 6,493 | |||
| Graco, Inc. |
165 | 5,876 | |||
| Greenbrier Cos., Inc. |
46 | 897 | |||
| Harsco Corp. |
142 | 5,281 | |||
| IDEX Corp. |
198 | 6,142 | |||
| Illinois Tool Works, Inc. |
982 | 43,650 | |||
| ITT Corp. |
299 | 16,627 | |||
| John Bean Technologies Corp.* |
27 | 342 | |||
| Joy Global, Inc. |
184 | 8,306 | |||
| Kaydon Corp. |
66 | 2,974 | |||
| Kennametal, Inc. |
220 | 5,966 | |||
| Lincoln Electric Holdings, Inc. |
110 | 7,074 | |||
| Manitowoc Co., Inc. (The) |
205 | 3,188 | |||
| Mueller Industries, Inc. |
122 | 2,807 | |||
| Mueller Water Products, Inc. Class A |
36 | 323 | |||
| NACCO Industries, Inc. Class A |
41 | 3,875 | |||
| Nordson Corp. |
79 | 3,880 | |||
| Oshkosh Corp. |
198 | 2,606 | |||
| Paccar, Inc. |
789 | 30,132 | |||
| Pall Corp. |
198 | 6,809 | |||
| Parker Hannifin Corp. |
332 | 17,596 | |||
| Pentair, Inc. |
220 | 7,605 | |||
| SPX Corp. |
99 | 7,623 | |||
| Terex Corp.* |
284 | 8,668 | |||
| Timken Co. (The) |
341 | 9,667 | |||
| Toro Co. (The) |
98 | 4,047 | |||
| Trinity Industries, Inc. |
375 | 9,649 | |||
| Valmont Industries, Inc. |
42 | 3,473 | |||
| Wabtec Corp. |
142 | 7,275 | |||
| Watts Water Technologies, Inc. Class A |
154 | 4,212 | |||
| Total Machinery | 488,454 | ||||
| Marine – 0.0% | |||||
| Alexander & Baldwin, Inc. |
74 | 3,258 | |||
| American Commercial Lines, Inc.* |
36 | 383 | |||
| Kirby Corp.* |
90 | 3,415 | |||
| Total Marine | 7,056 | ||||
| Media – 2.5% | |||||
| AH Belo Corp. Class A |
75 | 387 | |||
| Investments | Shares | Value | |||
| Arbitron, Inc. |
25 | $ | 1,117 | ||
| Ascent Media Corp.* |
8 | 195 | |||
| Belo Corp. Class A |
374 | 2,229 | |||
| CBS Corp. Class B |
1,436 | 20,937 | |||
| Cinemark Holdings, Inc. |
287 | 3,903 | |||
| Citadel Broadcasting Corp. |
230 | 179 | |||
| Clear Channel Outdoor Holdings, Inc. Class A* |
254 | 3,475 | |||
| Comcast Corp. Class A |
1,590 | 31,212 | |||
| Cox Radio, Inc. Class A* |
370 | 3,907 | |||
| DIRECTV Group, Inc. (The)* |
1,612 | 42,186 | |||
| Discovery Communications Inc. Class A* |
86 | 1,226 | |||
| Discovery Communications Inc. Class C* |
86 | 1,218 | |||
| DISH Network Corp. Class A* |
500 | 10,500 | |||
| DreamWorks Animation SKG, Inc. Class A* |
167 | 5,252 | |||
| E.W. Scripps Co. (The) Class A |
69 | 488 | |||
| Gannett Co., Inc. |
877 | 14,830 | |||
| Harte-Hanks, Inc. |
253 | 2,624 | |||
| Hearst-Argyle Television, Inc. |
264 | 5,895 | |||
| Idearc, Inc. |
490 | 613 | |||
| Interactive Data Corp. |
165 | 4,161 | |||
| John Wiley & Sons, Inc. Class A |
110 | 4,450 | |||
| Journal Communications, Inc. Class A |
38 | 185 | |||
| Lee Enterprises, Inc. |
320 | 1,120 | |||
| Marvel Entertainment, Inc.* |
242 | 8,262 | |||
| McClatchy Co. Class A |
455 | 2,002 | |||
| McGraw-Hill Cos., Inc. (The) |
650 | 20,547 | |||
| Media General, Inc. Class A |
18 | 224 | |||
| Meredith Corp. |
110 | 3,084 | |||
| Morningstar, Inc.* |
42 | 2,330 | |||
| New York Times Co. (The) Class A |
241 | 3,444 | |||
| News Corp. Class A |
4,656 | 55,825 | |||
| Omnicom Group, Inc. |
561 | 21,632 | |||
| Regal Entertainment Group Class A |
561 | 8,853 | |||
| Salem Communications Holding Corp. Class A* |
24 | 30 | |||
| Scholastic Corp. |
123 | 3,159 | |||
| Scripps Networks Interactive, Inc. Class A |
209 | 7,589 | |||
| Time Warner Cable, Inc. Class A* |
1,186 | 28,701 | |||
| Time Warner, Inc. |
6,262 | 82,095 | |||
| Viacom, Inc. Class B* |
1,126 | 27,970 | |||
| Walt Disney Co. (The) |
3,629 | 111,373 | |||
| Washington Post Co. (The) Class B |
11 | 6,124 | |||
| Westwood One, Inc. |
262 | 144 | |||
| Total Media | 555,677 | ||||
| Metals & Mining – 1.2% | |||||
| AK Steel Holding Corp.* |
239 | 6,195 | |||
| Alcoa, Inc. |
1,805 | 40,757 | |||
| Allegheny Technologies, Inc. |
262 | 7,742 | |||
| AMCOL International Corp. |
14 | 438 | |||
| Brush Engineered Materials, Inc.* |
76 | 1,411 | |||
| Carpenter Technology Corp. |
110 | 2,822 | |||
| Cleveland-Cliffs, Inc. |
180 | 9,529 | |||
| Coeur d’ALENE Mines Corp.* |
98 | 150 | |||
| Commercial Metals Co. |
374 | 6,317 | |||
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 19 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| Freeport-McMoRan Copper & Gold, Inc. |
832 | $ | 47,300 | ||
| Haynes International, Inc.* |
9 | 421 | |||
| Newmont Mining Corp. |
123 | 4,767 | |||
| Nucor Corp. |
790 | 31,205 | |||
| Reliance Steel & Aluminum Co. |
264 | 10,024 | |||
| RTI International Metals, Inc.* |
57 | 1,115 | |||
| Schnitzer Steel Industries, Inc. Class A |
79 | 3,100 | |||
| Southern Copper Corp. |
2,145 | 40,927 | |||
| Steel Dynamics, Inc. |
524 | 8,955 | |||
| Titanium Metals Corp. |
363 | 4,116 | |||
| United States Steel Corp. |
375 | 29,104 | |||
| Worthington Industries, Inc. |
196 | 2,928 | |||
| Total Metals & Mining | 259,323 | ||||
| Multiline Retail – 1.1% | |||||
| Big Lots, Inc.* |
219 | 6,095 | |||
| Bon-Ton Stores, Inc. (The) |
196 | 533 | |||
| Dillard’s, Inc. Class A |
287 | 3,387 | |||
| Dollar Tree Stores, Inc.* |
209 | 7,599 | |||
| Family Dollar Stores, Inc. |
359 | 8,508 | |||
| JC Penney Co., Inc. |
773 | 25,772 | |||
| Kohl’s Corp.* |
724 | 33,362 | |||
| Macy’s, Inc. |
964 | 17,333 | |||
| Nordstrom, Inc. |
649 | 18,704 | |||
| Retail Ventures, Inc.* |
582 | 2,270 | |||
| Sears Holdings Corp.* |
396 | 37,026 | |||
| Target Corp. |
1,631 | 80,000 | |||
| Tuesday Morning Corp. |
439 | 1,813 | |||
| Total Multiline Retail | 242,402 | ||||
| Multi-Utilities – 1.0% | |||||
| Alliant Energy Corp. |
176 | 5,669 | |||
| Ameren Corp. |
319 | 12,451 | |||
| Black Hills Corp. |
104 | 3,231 | |||
| Centerpoint Energy, Inc. |
515 | 7,504 | |||
| Consolidated Edison, Inc. |
482 | 20,707 | |||
| Dominion Resources, Inc. |
152 | 6,503 | |||
| DTE Energy Co. |
207 | 8,305 | |||
| Integrys Energy Group, Inc. |
121 | 6,043 | |||
| MDU Resources Group, Inc. |
352 | 10,208 | |||
| NiSource, Inc. |
615 | 9,077 | |||
| NSTAR |
198 | 6,633 | |||
| OGE Energy Corp. |
254 | 7,844 | |||
| PG&E Corp. |
584 | 21,871 | |||
| PNM Resources, Inc. |
220 | 2,253 | |||
| Public Service Enterprise Group, Inc. |
832 | 27,280 | |||
| Puget Energy, Inc. |
275 | 7,343 | |||
| SCANA Corp. |
209 | 8,136 | |||
| Sempra Energy |
449 | 22,660 | |||
| TECO Energy, Inc. |
418 | 6,575 | |||
| Vectren Corp. |
242 | 6,740 | |||
| Wisconsin Energy Corp. |
209 | 9,384 | |||
| Xcel Energy, Inc. |
704 | 14,073 | |||
| Total Multi-Utilities | 230,490 | ||||
| Investments | Shares | Value | |||
| Office Electronics – 0.1% | |||||
| Xerox Corp. |
1,848 | $ | 21,308 | ||
| Zebra Technologies Corp. Class A* |
198 | 5,514 | |||
| Total Office Electronics | 26,822 | ||||
| Oil, Gas & Consumable Fuels – 11.8% | |||||
| Alon USA Energy, Inc. |
174 | 2,346 | |||
| Alpha Natural Resources, Inc.* |
57 | 2,932 | |||
| Anadarko Petroleum Corp. |
617 | 29,931 | |||
| Apache Corp. |
592 | 61,734 | |||
| Arch Coal, Inc. |
132 | 4,341 | |||
| Atlas Energy Resources LLC |
100 | 2,580 | |||
| Berry Petroleum Co. Class A |
98 | 3,796 | |||
| Bill Barrett Corp.* |
30 | 963 | |||
| Brigham Exploration Co.* |
133 | 1,462 | |||
| Chesapeake Energy Corp. |
1,146 | 41,096 | |||
| Chevron Corp. |
5,484 | 452,319 | |||
| Cimarex Energy Co. |
220 | 10,760 | |||
| CNX Gas Corp.* |
184 | 4,120 | |||
| ConocoPhillips |
4,098 | 300,178 | |||
| CONSOL Energy, Inc. |
111 | 5,094 | |||
| Delek US Holdings, Inc. |
198 | 1,835 | |||
| Denbury Resources, Inc.* |
166 | 3,161 | |||
| Devon Energy Corp. |
900 | 82,080 | |||
| El Paso Corp. |
455 | 5,806 | |||
| EOG Resources, Inc. |
317 | 28,359 | |||
| Exxon Mobil Corp. |
13,111 | 1,018,199 | |||
| Forest Oil Corp.* |
107 | 5,307 | |||
| Frontier Oil Corp. |
348 | 6,410 | |||
| Hess Corp. |
539 | 44,241 | |||
| Holly Corp. |
217 | 6,276 | |||
| Marathon Oil Corp. |
2,221 | 88,551 | |||
| Mariner Energy, Inc.* |
242 | 4,961 | |||
| Massey Energy Co. |
57 | 2,033 | |||
| Murphy Oil Corp. |
230 | 14,752 | |||
| Newfield Exploration Co.* |
183 | 5,854 | |||
| Noble Energy, Inc. |
228 | 12,675 | |||
| Occidental Petroleum Corp. |
1,513 | 106,591 | |||
| Overseas Shipholding Group, Inc. |
118 | 6,881 | |||
| Peabody Energy Corp. |
126 | 5,670 | |||
| Penn Virginia Corp. |
55 | 2,939 | |||
| PetroHawk Energy Corp.* |
142 | 3,071 | |||
| Petroleum Development Corp.* |
16 | 710 | |||
| Pioneer Natural Resources Co. |
141 | 7,371 | |||
| Quicksilver Resources, Inc.* |
108 | 2,120 | |||
| Range Resources Corp. |
96 | 4,116 | |||
| Southern Union Co. |
242 | 4,997 | |||
| Southwestern Energy Co.* |
198 | 6,047 | |||
| Spectra Energy Corp. |
1,021 | 24,300 | |||
| St. Mary Land & Exploration Co. |
187 | 6,667 | |||
| Sunoco, Inc. |
415 | 14,766 | |||
| Swift Energy Co.* |
123 | 4,759 | |||
| Tesoro Corp. |
471 | 7,767 | |||
| USEC, Inc.* |
414 | 2,240 | |||
See Notes to Financial Statements.
| 20 | WisdomTree Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| Vaalco Energy, Inc.* |
427 | $ | 2,921 | ||
| Valero Energy Corp. |
2,102 | 63,691 | |||
| Verasun Energy Corp.* |
196 | 613 | |||
| W&T Offshore, Inc. |
166 | 4,530 | |||
| Walter Industries, Inc. |
144 | 6,833 | |||
| Western Refining, Inc. |
374 | 3,781 | |||
| Whiting Petroleum Corp.* |
74 | 5,273 | |||
| Williams Cos., Inc. (The) |
671 | 15,869 | |||
| World Fuel Services Corp. |
111 | 2,556 | |||
| XTO Energy, Inc. |
955 | 44,427 | |||
| Total Oil, Gas & Consumable Fuels | 2,615,658 | ||||
| Paper & Forest Products – 0.1% | |||||
| Buckeye Technologies, Inc.* |
62 | 508 | |||
| International Paper Co. |
381 | 9,974 | |||
| Neenah Paper, Inc. |
12 | 238 | |||
| Weyerhaeuser Co. |
88 | 5,331 | |||
| Total Paper & Forest Products | 16,051 | ||||
| Personal Products – 0.2% | |||||
| Alberto-Culver Co. |
120 | 3,269 | |||
| Avon Products, Inc. |
473 | 19,662 | |||
| Bare Escentuals, Inc.* |
165 | 1,794 | |||
| Chattem, Inc.* |
10 | 782 | |||
| Elizabeth Arden, Inc.* |
28 | 550 | |||
| Estee Lauder Cos., Inc. (The) Class A* |
309 | 15,422 | |||
| Mannatech, Inc. |
197 | 788 | |||
| NBTY, Inc.* |
255 | 7,528 | |||
| Nu Skin Enterprises, Inc. Class A |
56 | 908 | |||
| Prestige Brands Holdings, Inc.* |
96 | 852 | |||
| Reliv International, Inc. |
186 | 939 | |||
| Total Personal Products | 52,494 | ||||
| Pharmaceuticals – 4.4% | |||||
| Abbott Laboratories |
1,023 | 58,904 | |||
| Allergan, Inc. |
230 | 11,845 | |||
| Alpharma, Inc. Class A* |
46 | 1,697 | |||
| Barr Pharmaceuticals, Inc.* |
140 | 9,142 | |||
| Bristol-Myers Squibb Co. |
2,496 | 52,042 | |||
| Caraco Pharmaceutical Laboratories, Ltd.* |
85 | 1,063 | |||
| Cpex Pharmaceuticals, Inc.* |
1 | 19 | |||
| Eli Lilly & Co. |
1,531 | 67,410 | |||
| Endo Pharmaceuticals Holdings, Inc.* |
220 | 4,400 | |||
| Forest Laboratories, Inc.* |
418 | 11,821 | |||
| Johnson & Johnson |
4,550 | 315,223 | |||
| King Pharmaceuticals, Inc.* |
713 | 6,831 | |||
| KV Pharmaceutical Co. Class A* |
78 | 1,771 | |||
| Matrixx Initiatives, Inc.* |
1 | 18 | |||
| Medicines Co. (The)* |
46 | 1,068 | |||
| Medicis Pharmaceutical Corp. Class A |
141 | 2,102 | |||
| Merck & Co., Inc. |
3,197 | 100,897 | |||
| Mylan Laboratories, Inc. |
648 | 7,400 | |||
| Perrigo Co. |
119 | 4,577 | |||
| Pfizer, Inc. |
8,858 | 163,342 | |||
| Salix Pharmaceuticals Ltd.* |
104 | 667 | |||
| Investments | Shares | Value | |||
| Schering-Plough Corp. |
2,209 | $ | 40,800 | ||
| Sciele Pharma, Inc. |
33 | 1,016 | |||
| Sepracor, Inc.* |
293 | 5,365 | |||
| Viropharma, Inc.* |
396 | 5,196 | |||
| Wyeth |
2,790 | 103,063 | |||
| Total Pharmaceuticals | 977,679 | ||||
| Professional Services – 0.3% | |||||
| Corporate Executive Board Co. |
88 | 2,750 | |||
| Dun & Bradstreet Corp. |
88 | 8,304 | |||
| Equifax, Inc. |
198 | 6,821 | |||
| First Advantage Corp. Class A* |
218 | 3,063 | |||
| FTI Consulting, Inc.* |
63 | 4,551 | |||
| Korn/Ferry International* |
195 | 3,475 | |||
| Manpower, Inc. |
252 | 10,877 | |||
| Monster Worldwide, Inc.* |
132 | 1,968 | |||
| MPS Group, Inc.* |
339 | 3,417 | |||
| Resources Connection, Inc.* |
27 | 608 | |||
| Robert Half International, Inc. |
400 | 9,900 | |||
| TrueBlue, Inc.* |
251 | 4,056 | |||
| Volt Information Sciences, Inc.* |
20 | 180 | |||
| Watson Wyatt Worldwide, Inc. Class A |
143 | 7,111 | |||
| Total Professional Services | 67,081 | ||||
| Real Estate Investment Trusts – 1.1% | |||||
| Alexandria Real Estate Equities, Inc. |
33 | 3,713 | |||
| AMB Property Corp. |
110 | 4,983 | |||
| AvalonBay Communities, Inc. |
75 | 7,382 | |||
| Boston Properties, Inc. |
331 | 31,001 | |||
| CBL & Associates Properties, Inc. |
134 | 2,691 | |||
| Colonial Properties Trust |
440 | 8,224 | |||
| Developers Diversified Realty Corp. |
177 | 5,609 | |||
| Duke Realty Corp. |
143 | 3,515 | |||
| Entertainment Properties Trust |
99 | 5,417 | |||
| Federal Realty Investment Trust |
49 | 4,194 | |||
| General Growth Properties, Inc. |
243 | 3,669 | |||
| HCP Inc. |
141 | 5,658 | |||
| Health Care REIT, Inc. |
86 | 4,578 | |||
| Hospitality Properties Trust |
143 | 2,934 | |||
| Host Hotels & Resorts, Inc. |
714 | 9,489 | |||
| HRPT Properties Trust |
506 | 3,486 | |||
| Kimco Realty Corp. |
306 | 11,304 | |||
| Macerich Co. (The) |
42 | 2,673 | |||
| Mack-Cali Realty Corp. |
132 | 4,471 | |||
| National Health Investors, Inc. |
131 | 4,478 | |||
| National Retail Properties, Inc. |
143 | 3,425 | |||
| Nationwide Health Properties, Inc. |
148 | 5,325 | |||
| Plum Creek Timber Co., Inc. |
137 | 6,831 | |||
| Post Properties, Inc. |
143 | 4,000 | |||
| Potlatch Corp. |
143 | 6,634 | |||
| Prologis |
529 | 21,832 | |||
| Public Storage, Inc. |
2 | 198 | |||
| Rayonier, Inc. |
154 | 7,292 | |||
| Realty Income Corp. |
148 | 3,789 | |||
| Regency Centers Corp. |
77 | 5,135 | |||
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 21 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| Senior Housing Properties Trust |
175 | $ | 4,170 | ||
| Simon Property Group, Inc. |
162 | 15,714 | |||
| SL Green Realty Corp. |
63 | 4,082 | |||
| Ventas, Inc. |
143 | 7,067 | |||
| Vornado Realty Trust |
165 | 15,007 | |||
| Weingarten Realty Investors |
132 | 4,708 | |||
| Total Real Estate Investment Trusts | 244,678 | ||||
| Real Estate Management & Development – 0.1% | |||||
| Avatar Holdings, Inc.* |
90 | 2,970 | |||
| CB Richard Ellis Group, Inc. Class A* |
598 | 7,995 | |||
| Forestar Real Estate Group, Inc.* |
68 | 1,003 | |||
| Jones Lang LaSalle, Inc. |
66 | 2,870 | |||
| Total Real Estate Management & Development | 14,838 | ||||
| Road & Rail – 1.3% | |||||
| Amerco, Inc.* |
22 | 922 | |||
| Arkansas Best Corp. |
56 | 1,887 | |||
| Avis Budget Group, Inc.* |
261 | 1,498 | |||
| Burlington Northern Santa Fe Corp. |
659 | 60,912 | |||
| Con-way, Inc. |
165 | 7,278 | |||
| CSX Corp. |
825 | 45,020 | |||
| Genesee & Wyoming, Inc. Class A* |
118 | 4,427 | |||
| Heartland Express, Inc. |
219 | 3,399 | |||
| Hertz Global Holdings, Inc.* |
429 | 3,248 | |||
| JB Hunt Transport Services, Inc. |
319 | 10,645 | |||
| Kansas City Southern* |
137 | 6,077 | |||
| Knight Transportation, Inc. |
196 | 3,326 | |||
| Landstar System, Inc. |
107 | 4,714 | |||
| Norfolk Southern Corp. |
836 | 55,352 | |||
| Old Dominion Freight Line, Inc.* |
153 | 4,336 | |||
| Ryder System, Inc. |
132 | 8,184 | |||
| Union Pacific Corp. |
834 | 59,348 | |||
| Werner Enterprises, Inc. |
184 | 3,995 | |||
| YRC Worldwide, Inc.* |
317 | 3,791 | |||
| Total Road & Rail | 288,359 | ||||
| Semiconductors & Semiconductor Equipment – 1.7% | |||||
| Advanced Energy Industries, Inc.* |
263 | 3,598 | |||
| Altera Corp. |
516 | 10,671 | |||
| Amkor Technology, Inc.* |
861 | 5,485 | |||
| Analog Devices, Inc. |
558 | 14,703 | |||
| Applied Materials, Inc. |
2,684 | 40,609 | |||
| Broadcom Corp. Class A* |
231 | 4,304 | |||
| Cymer, Inc.* |
118 | 2,989 | |||
| Cypress Semiconductor Corp.* |
175 | 914 | |||
| FormFactor, Inc.* |
118 | 2,056 | |||
| Intel Corp. |
6,363 | 119,178 | |||
| International Rectifier Corp.* |
154 | 2,929 | |||
| Intersil Corp. Class A |
238 | 3,946 | |||
| KLA-Tencor Corp. |
331 | 10,476 | |||
| Lam Research Corp.* |
253 | 7,967 | |||
| Linear Technology Corp. |
429 | 13,153 | |||
| MEMC Electronic Materials, Inc.* |
244 | 6,895 | |||
| Microchip Technology, Inc. |
417 | 12,272 | |||
| Investments | Shares | Value | |||
| MKS Instruments, Inc.* |
260 | $ | 5,177 | ||
| National Semiconductor Corp. |
518 | 8,915 | |||
| Novellus Systems, Inc.* |
220 | 4,321 | |||
| Nvidia Corp.* |
736 | 7,883 | |||
| Omnivision Technologies, Inc.* |
20 | 228 | |||
| ON Semiconductor Corp.* |
1,132 | 7,652 | |||
| RF Micro Devices, Inc.* |
990 | 2,891 | |||
| Silicon Image, Inc.* |
9 | 48 | |||
| Texas Instruments, Inc. |
2,464 | 52,975 | |||
| Varian Semiconductor Equipment Associates, Inc.* |
148 | 3,718 | |||
| Xilinx, Inc. |
472 | 11,068 | |||
| Total Semiconductors & Semiconductor Equipment | 367,021 | ||||
| Software – 2.7% | |||||
| Activision Blizzard, Inc.* |
506 | 7,808 | |||
| Adobe Systems, Inc.* |
492 | 19,419 | |||
| Advent Software, Inc.* |
74 | 2,607 | |||
| Ansys, Inc.* |
75 | 2,840 | |||
| Autodesk, Inc.* |
221 | 7,415 | |||
| BMC Software, Inc.* |
209 | 5,984 | |||
| CA, Inc. |
400 | 7,984 | |||
| Cadence Design Systems, Inc.* |
341 | 2,305 | |||
| Citrix Systems, Inc.* |
220 | 5,557 | |||
| Commvault Systems, Inc.* |
141 | 1,699 | |||
| Compuware Corp.* |
759 | 7,355 | |||
| FactSet Research Systems, Inc. |
68 | 3,553 | |||
| Fair Isaac Corp. |
111 | 2,559 | |||
| Intuit, Inc.* |
470 | 14,857 | |||
| Jack Henry & Associates, Inc. |
155 | 3,151 | |||
| Macrovision Solutions Corp.* |
186 | 2,861 | |||
| McAfee, Inc.* |
176 | 5,977 | |||
| Micros Systems, Inc.* |
96 | 2,559 | |||
| Microsoft Corp. |
12,606 | 336,453 | |||
| MicroStrategy, Inc. Class A* |
9 | 536 | |||
| Net 1 UEPS Technologies, Inc.* |
110 | 2,456 | |||
| Oracle Corp.* |
6,447 | 130,939 | |||
| Parametric Technology Corp.* |
362 | 6,661 | |||
| Red Hat, Inc.* |
175 | 2,637 | |||
| Sybase, Inc.* |
163 | 4,991 | |||
| Symantec Corp.* |
418 | 8,184 | |||
| Synopsys, Inc.* |
145 | 2,893 | |||
| Total Software | 602,240 | ||||
| Specialty Retail – 2.8% | |||||
| Aaron Rents, Inc. |
56 | 1,516 | |||
| Abercrombie & Fitch Co. Class A |
154 | 6,075 | |||
| Advance Auto Parts, Inc. |
198 | 7,853 | |||
| Aeropostale, Inc.* |
282 | 9,055 | |||
| American Eagle Outfitters, Inc. |
587 | 8,952 | |||
| AnnTaylor Stores Corp.* |
198 | 4,087 | |||
| Asbury Automotive Group, Inc. |
66 | 760 | |||
| AutoNation, Inc.* |
528 | 5,935 | |||
| Autozone, Inc.* |
143 | 17,638 | |||
| Barnes & Noble, Inc. |
165 | 4,303 | |||
| bebe Stores, Inc. |
273 | 2,667 | |||
See Notes to Financial Statements.
| 22 | WisdomTree Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| Bed Bath & Beyond, Inc.* |
581 | $ | 18,249 | ||
| Best Buy Co., Inc. |
748 | 28,050 | |||
| Big 5 Sporting Goods Corp. |
67 | 691 | |||
| Brown Shoe Co., Inc. |
184 | 3,014 | |||
| Buckle, Inc. (The) |
82 | 4,554 | |||
| Build-A-Bear Workshop, Inc.* |
110 | 801 | |||
| Cabela’s, Inc.* |
241 | 2,911 | |||
| Carmax, Inc.* |
242 | 3,388 | |||
| Casual Male Retail Group, Inc.* |
475 | 1,867 | |||
| Cato Corp. (The) Class A |
64 | 1,123 | |||
| Charming Shoppes, Inc.* |
715 | 3,496 | |||
| Chico’s FAS, Inc.* |
537 | 2,937 | |||
| Childrens Place Retail Stores, Inc. (The)* |
97 | 3,235 | |||
| Coldwater Creek, Inc.* |
241 | 1,395 | |||
| Collective Brands, Inc.* |
220 | 4,028 | |||
| Conn’s, Inc.* |
132 | 2,470 | |||
| Dick’s Sporting Goods, Inc.* |
163 | 3,192 | |||
| Dress Barn, Inc.* |
311 | 4,755 | |||
| DSW, Inc. Class A* |
82 | 1,123 | |||
| Finish Line (The) Class A |
390 | 3,896 | |||
| Foot Locker, Inc. |
308 | 4,977 | |||
| GameStop Corp. Class A* |
109 | 3,729 | |||
| Gap, Inc. (The) |
1,109 | 19,718 | |||
| Genesco, Inc.* |
86 | 2,879 | |||
| Group 1 Automotive, Inc. |
130 | 2,825 | |||
| Guess?, Inc. |
126 | 4,384 | |||
| Gymboree Corp.* |
108 | 3,834 | |||
| Home Depot, Inc. |
4,971 | 128,700 | |||
| HOT Topic, Inc.* |
229 | 1,514 | |||
| J Crew Group, Inc.* |
97 | 2,771 | |||
| JOS A Bank Clothiers, Inc.* |
56 | 1,882 | |||
| Lithia Motors, Inc. Class A |
100 | 431 | |||
| Lowe’s Cos., Inc. |
3,883 | 91,989 | |||
| Ltd. Brands, Inc. |
1,164 | 20,160 | |||
| Men’s Wearhouse, Inc. (The) |
154 | 3,271 | |||
| New York & Co., Inc.* |
250 | 2,385 | |||
| Office Depot, Inc.* |
1,154 | 6,716 | |||
| OfficeMax, Inc. |
288 | 2,560 | |||
| O’Reilly Automotive, Inc.* |
198 | 5,300 | |||
| Pacific Sunwear Of California, Inc.* |
35 | 236 | |||
| Penske Auto Group, Inc. |
286 | 3,280 | |||
| PetSmart, Inc. |
220 | 5,436 | |||
| RadioShack Corp. |
349 | 6,031 | |||
| Rent-A-Center, Inc.* |
425 | 9,469 | |||
| Ross Stores, Inc. |
209 | 7,693 | |||
| Select Comfort Corp.* |
163 | 269 | |||
| Sherwin-Williams Co. (The) |
304 | 17,377 | |||
| Shoe Carnival, Inc.* |
118 | 1,933 | |||
| Sonic Automotive, Inc. Class A |
183 | 1,548 | |||
| Stage Stores, Inc. |
62 | 847 | |||
| Staples, Inc. |
1,262 | 28,396 | |||
| Stein Mart Inc. |
91 | 356 | |||
| Systemax, Inc. |
90 | 1,265 | |||
| Tiffany & Co. |
198 | 7,033 | |||
| Investments | Shares | Value | |||
| TJX Cos., Inc. |
700 | $ | 21,364 | ||
| Tractor Supply Co.* |
143 | 6,013 | |||
| Tween Brands, Inc.* |
126 | 1,234 | |||
| Urban Outfitters, Inc.* |
275 | 8,764 | |||
| Wet Seal, Inc. (The) Class A* |
505 | 1,833 | |||
| Williams-Sonoma, Inc. |
198 | 3,204 | |||
| Zale Corp.* |
55 | 1,375 | |||
| Total Specialty Retail | 608,997 | ||||
| Textiles, Apparel & Luxury Goods – 0.7% | |||||
| Cherokee, Inc. |
37 | 813 | |||
| Coach, Inc.* |
626 | 15,675 | |||
| Columbia Sportswear Co. |
110 | 4,616 | |||
| CROCS, Inc.* |
141 | 505 | |||
| Fossil, Inc.* |
44 | 1,242 | |||
| Hanesbrands, Inc.* |
211 | 4,589 | |||
| Heelys, Inc.* |
348 | 1,559 | |||
| Iconix Brand Group, Inc.* |
32 | 419 | |||
| Jones Apparel Group, Inc. |
551 | 10,199 | |||
| K-Swiss, Inc. Class A |
43 | 748 | |||
| Liz Claiborne, Inc. |
176 | 2,892 | |||
| Maidenform Brands, Inc.* |
68 | 987 | |||
| Movado Group, Inc. |
13 | 291 | |||
| Nike, Inc. Class B |
740 | 49,505 | |||
| Oxford Industries, Inc. |
108 | 2,790 | |||
| Perry Ellis International, Inc.* |
99 | 1,476 | |||
| Phillips-Van Heusen Corp. |
132 | 5,004 | |||
| Polo Ralph Lauren Corp. |
161 | 10,729 | |||
| Quiksilver, Inc.* |
188 | 1,079 | |||
| Skechers U.S.A., Inc. Class A* |
100 | 1,683 | |||
| Steven Madden Ltd.* |
64 | 1,586 | |||
| Timberland Co. Class A* |
101 | 1,754 | |||
| Under Armour, Inc. Class A* |
22 | 699 | |||
| UniFirst Corp. |
9 | 388 | |||
| VF Corp. |
209 | 16,157 | |||
| Volcom, Inc.* |
53 | 916 | |||
| Warnaco Group Inc. (The)* |
98 | 4,438 | |||
| Wolverine World Wide, Inc. |
145 | 3,837 | |||
| Total Textiles, Apparel & Luxury Goods | 146,576 | ||||
| Thrifts & Mortgage Finance – 0.3% | |||||
| Astoria Financial Corp. |
231 | 4,789 | |||
| BankUnited Financial Corp. Class A |
571 | 434 | |||
| Corus Bankshares, Inc. |
670 | 2,714 | |||
| Downey Financial Corp. |
99 | 277 | |||
| First Niagara Financial Group, Inc. |
328 | 5,166 | |||
| First Place Financial Corp. (OH) |
76 | 977 | |||
| FirstFed Financial Corp.* |
187 | 1,466 | |||
| Franklin Bank Corp.* |
152 | 74 | |||
| Guaranty Financial Group, Inc.* |
68 | 269 | |||
| Hudson City Bancorp, Inc. |
627 | 11,567 | |||
| Imperial Capital Bancorp, Inc. |
77 | 668 | |||
| New York Community Bancorp, Inc. |
407 | 6,833 | |||
| Ocwen Financial Corp.* |
768 | 6,182 | |||
| People’s United Financial, Inc. |
330 | 6,352 | |||
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 23 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree Total Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| PMI Group, Inc. (The) |
627 | $ | 1,850 | ||
| Provident Financial Services, Inc. |
129 | 2,130 | |||
| Sovereign Bancorp, Inc. |
429 | 1,695 | |||
| Tree.com, Inc.* |
12 | 58 | |||
| United Community Financial Corp. (OH) |
189 | 945 | |||
| Washington Federal, Inc. |
297 | 5,480 | |||
| Total Thrifts & Mortgage Finance | 59,926 | ||||
| Tobacco – 1.4% | |||||
| Altria Group, Inc. |
3,696 | 73,328 | |||
| Philip Morris International, Inc. |
3,696 | 177,777 | |||
| Reynolds American, Inc. |
527 | 25,623 | |||
| Universal Corp./VA |
87 | 4,271 | |||
| UST, Inc. |
275 | 18,299 | |||
| Total Tobacco | 299,298 | ||||
| Trading Companies & Distributors – 0.3% | |||||
| Applied Industrial Technologies, Inc. |
140 | 3,770 | |||
| Beacon Roofing Supply, Inc.* |
41 | 640 | |||
| Fastenal Co. |
187 | 9,236 | |||
| GATX Corp. |
143 | 5,659 | |||
| H&E Equipment Services, Inc.* |
199 | 1,922 | |||
| MSC Industrial Direct Co. Class A |
154 | 7,095 | |||
| RSC Holdings, Inc.* |
419 | 4,760 | |||
| Rush Enterprises, Inc. Class A* |
174 | 2,227 | |||
| United Rentals, Inc.* |
433 | 6,599 | |||
| W.W. Grainger, Inc. |
165 | 14,350 | |||
| Watsco, Inc. |
35 | 1,760 | |||
| WESCO International, Inc.* |
227 | 7,305 | |||
| Total Trading Companies & Distributors | 65,323 | ||||
| Water Utilities – 0.0% | |||||
| Aqua America, Inc. |
229 | 4,072 | |||
| Wireless Telecommunication Services – 0.1% | |||||
| American Tower Corp. Class A* |
97 | 3,489 | |||
| MetroPCS Communications, Inc.* |
218 | 3,050 | |||
| NII Holdings, Inc.* |
240 | 9,101 | |||
| Syniverse Holdings, Inc.* |
271 | 4,501 | |||
| United States Cellular Corp.* |
86 | 4,035 | |||
| USA Mobility, Inc. |
31 | 341 | |||
| Total Wireless Telecommunication Services | 24,517 | ||||
| TOTAL COMMON STOCKS (Cost: $27,445,661) |
22,033,886 | ||||
| RIGHTS* – 0.0% | |||||
| Pharmaceuticals – 0.0% | |||||
| Fresenius Kabi PHARMA-CVR, expiring 1/31/09 (Cost: $0) |
173 | 112 | |||
| TOTAL LONG-TERM INVESTMENTS (Cost: $27,445,661) |
22,033,998 | ||||
| Investments | Shares | Value | |||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.0% | |||||
| MONEY MARKET FUND – 0.0% | |||||
| UBS Private Money Market Fund LLC, 3.01% (Cost: $229)(a) |
229 | $ | 229 | ||
| TOTAL INVESTMENTS IN SECURITIES – 99.5% (Cost: $27,445,890)(b) |
22,034,227 | ||||
| Cash and Other Assets in Excess of Liabilities – 0.5% |
118,431 | ||||
| NET ASSETS – 100.0% | $ | 22,152,658 | |||
| * | Non-income producing security. |
| (a) |
At September 30, 2008, the total market value of the Fund’s securities on loan was $0 and the total market value of the collateral held by the Fund was $229. |
| (b) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 24 | WisdomTree Earnings Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Earnings 500 Fund
September 30, 2008
| Investments | Shares | Value | |||
| COMMON STOCKS – 99.4% | |||||
| Aerospace & Defense – 2.6% | |||||
| Boeing Co. (The) |
6,515 | $ | 373,635 | ||
| General Dynamics Corp. |
2,760 | 203,191 | |||
| Goodrich Corp. |
843 | 35,069 | |||
| Honeywell International, Inc. |
5,077 | 210,949 | |||
| L-3 Communications Holdings, Inc. |
861 | 84,654 | |||
| Lockheed Martin Corp. |
3,561 | 390,535 | |||
| Northrop Grumman Corp. |
2,405 | 145,599 | |||
| Precision Castparts Corp. |
758 | 59,715 | |||
| Raytheon Co. |
3,308 | 177,011 | |||
| Rockwell Collins, Inc. |
992 | 47,705 | |||
| United Technologies Corp. |
6,826 | 409,970 | |||
| Total Aerospace & Defense | 2,138,033 | ||||
| Air Freight & Logistics – 0.9% | |||||
| C.H. Robinson Worldwide, Inc. |
764 | 38,933 | |||
| Expeditors International Washington, Inc. |
727 | 25,329 | |||
| FedEx Corp. |
2,708 | 214,040 | |||
| United Parcel Service Inc. Class B |
7,258 | 456,456 | |||
| Total Air Freight & Logistics | 734,758 | ||||
| Airlines – 0.2% | |||||
| AMR Corp.* |
5,296 | 52,007 | |||
| Southwest Airlines Co. |
5,656 | 82,068 | |||
| Total Airlines | 134,075 | ||||
| Auto Components – 0.2% | |||||
| BorgWarner, Inc. |
701 | 22,972 | |||
| Johnson Controls, Inc. |
4,595 | 139,366 | |||
| Total Auto Components | 162,338 | ||||
| Automobiles – 0.1% | |||||
| Harley-Davidson, Inc. |
2,759 | 102,911 | |||
| Beverages – 2.3% | |||||
| Anheuser-Busch Cos., Inc. |
5,185 | 336,403 | |||
| Brown-Forman Corp. Class B |
682 | 48,974 | |||
| Coca-Cola Co. (The) |
10,794 | 570,787 | |||
| Constellation Brands, Inc. Class A* |
1,551 | 33,284 | |||
| Molson Coors Brewing Co. Class B |
1,032 | 48,246 | |||
| Pepsi Bottling Group, Inc. |
1,994 | 58,165 | |||
| PepsiCo, Inc. |
10,163 | 724,317 | |||
| Total Beverages | 1,820,176 | ||||
| Biotechnology – 1.4% | |||||
| Amgen, Inc.* |
8,586 | 508,891 | |||
| Biogen Idec, Inc.* |
1,328 | 66,785 | |||
| Celgene Corp.* |
474 | 29,995 | |||
| Genentech, Inc.* |
5,204 | 461,491 | |||
| Genzyme Corp.* |
558 | 45,137 | |||
| Total Biotechnology | 1,112,299 | ||||
| Building Products – 0.1% | |||||
| Masco Corp. |
4,134 | 74,164 | |||
| Capital Markets – 3.6% | |||||
| American Capital Ltd. |
2,204 | 56,224 | |||
| Ameriprise Financial, Inc. |
1,730 | 66,086 | |||
| Investments | Shares | Value | |||
| Bank of New York Mellon Corp. (The) |
5,132 | $ | 167,201 | ||
| BlackRock, Inc. |
516 | 100,362 | |||
| Charles Schwab Corp. (The) |
5,442 | 141,492 | |||
| Eaton Vance Corp. |
321 | 11,309 | |||
| Franklin Resources, Inc. |
1,942 | 171,148 | |||
| Goldman Sachs Group, Inc. |
6,929 | 886,913 | |||
| Janus Capital Group, Inc. |
630 | 15,296 | |||
| Legg Mason, Inc. |
1,318 | 50,163 | |||
| Merrill Lynch & Co., Inc. |
6,868 | 173,760 | |||
| Morgan Stanley |
20,646 | 474,858 | |||
| Northern Trust Corp. |
1,313 | 94,799 | |||
| SEI Investments Co. |
1,127 | 25,019 | |||
| State Street Corp. |
2,241 | 127,468 | |||
| T. Rowe Price Group, Inc. |
1,313 | 70,521 | |||
| TD Ameritrade Holding Corp.* |
14,416 | 233,539 | |||
| Total Capital Markets | 2,866,158 | ||||
| Chemicals – 1.8% | |||||
| Air Products & Chemicals, Inc. |
1,319 | 90,338 | |||
| Celanese Corp. Series A |
558 | 15,574 | |||
| CF Industries Holdings, Inc. |
318 | 29,084 | |||
| Dow Chemical Co. (The) |
10,281 | 326,730 | |||
| E.I. Du Pont de Nemours & Co. |
9,034 | 364,071 | |||
| Eastman Chemical Co. |
520 | 28,631 | |||
| Ecolab, Inc. |
1,040 | 50,461 | |||
| Monsanto Co. |
1,192 | 117,984 | |||
| Mosaic Co. (The) |
950 | 64,619 | |||
| PPG Industries, Inc. |
1,653 | 96,403 | |||
| Praxair, Inc. |
1,656 | 118,801 | |||
| Rohm & Haas Co. |
1,547 | 108,290 | |||
| Sigma-Aldrich Corp. |
687 | 36,013 | |||
| Total Chemicals | 1,446,999 | ||||
| Commercial Banks – 4.3% | |||||
| BB&T Corp. |
6,305 | 238,329 | |||
| Comerica, Inc. |
2,236 | 73,318 | |||
| Fifth Third Bancorp |
5,606 | 66,711 | |||
| Huntington Bancshares, Inc. |
3,715 | 29,683 | |||
| KeyCorp |
6,468 | 77,228 | |||
| M&T Bank Corp. |
1,261 | 112,544 | |||
| Marshall & Ilsley Corp. |
3,999 | 80,580 | |||
| National City Corp. |
6,128 | 10,724 | |||
| PNC Financial Services Group, Inc. (The) |
3,134 | 234,110 | |||
| Regions Financial Corp. |
8,995 | 86,352 | |||
| SunTrust Banks, Inc. |
3,949 | 177,666 | |||
| Synovus Financial Corp. |
3,321 | 34,372 | |||
| U.S. Bancorp |
18,456 | 664,785 | |||
| Wachovia Corp. |
27,916 | 97,706 | |||
| Wells Fargo & Co. |
37,173 | 1,395,103 | |||
| Zions Bancorp. |
1,521 | 58,863 | |||
| Total Commercial Banks | 3,438,074 | ||||
| Commercial Services & Supplies – 0.4% | |||||
| Avery Dennison Corp. |
796 | 35,406 | |||
| Cintas Corp. |
1,298 | 37,266 | |||
| Iron Mountain, Inc.* |
560 | 13,670 | |||
Notes to Financial Statements.
| WisdomTree Earnings Funds | 25 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Earnings 500 Fund
September 30, 2008
| Investments | Shares | Value | |||
| Pitney Bowes, Inc. |
1,964 | $ | 65,322 | ||
| R.R. Donnelley & Sons Co. |
926 | 22,715 | |||
| Republic Services, Inc. |
1,114 | 33,398 | |||
| Stericycle, Inc.* |
281 | 16,554 | |||
| Waste Management, Inc. |
4,134 | 130,179 | |||
| Total Commercial Services & Supplies | 354,510 | ||||
| Communications Equipment – 1.9% | |||||
| Cisco Systems, Inc.* |
35,248 | 795,195 | |||
| Corning, Inc. |
11,591 | 181,283 | |||
| EchoStar Corp. Class A* |
513 | 12,363 | |||
| Harris Corp. |
861 | 39,778 | |||
| Juniper Networks, Inc.* |
1,167 | 24,589 | |||
| Motorola, Inc. |
4,697 | 33,537 | |||
| Qualcomm, Inc. |
10,569 | 454,150 | |||
| Total Communications Equipment | 1,540,895 | ||||
| Computers & Peripherals – 3.5% | |||||
| Apple, Inc.* |
2,434 | 276,648 | |||
| Dell, Inc.* |
14,826 | 244,332 | |||
| EMC Corp.* |
10,409 | 124,492 | |||
| Hewlett-Packard Co. |
16,686 | 771,561 | |||
| International Business Machines Corp. |
11,365 | 1,329,250 | |||
| NetApp, Inc.* |
1,274 | 23,225 | |||
| SanDisk Corp.* |
273 | 5,337 | |||
| Sun Microsystems, Inc.* |
3,815 | 28,994 | |||
| Western Digital Corp.* |
2,236 | 47,672 | |||
| Total Computers & Peripherals | 2,851,511 | ||||
| Construction & Engineering – 0.1% | |||||
| Fluor Corp. |
650 | 36,205 | |||
| Jacobs Engineering Group, Inc.* |
394 | 21,398 | |||
| KBR, Inc. |
678 | 10,353 | |||
| Total Construction & Engineering | 67,956 | ||||
| Construction Materials – 0.1% | |||||
| Martin Marietta Materials, Inc. |
269 | 30,123 | |||
| Vulcan Materials Co. |
709 | 52,820 | |||
| Total Construction Materials | 82,943 | ||||
| Consumer Finance – 1.1% | |||||
| American Express Co. |
10,195 | 361,209 | |||
| Capital One Financial Corp. |
7,317 | 373,167 | |||
| Discover Financial Services |
6,698 | 92,566 | |||
| SLM Corp.* |
3,999 | 49,348 | |||
| Total Consumer Finance | 876,290 | ||||
| Containers & Packaging – 0.0% | |||||
| Owens-Illinois, Inc.* |
712 | 20,933 | |||
| Distributors – 0.1% | |||||
| Genuine Parts Co. |
1,337 | 53,761 | |||
| Diversified Consumer Services – 0.1% | |||||
| Apollo Group, Inc. Class A* |
749 | 44,416 | |||
| H&R Block, Inc. |
2,699 | 61,402 | |||
| Total Diversified Consumer Services | 105,818 | ||||
| Diversified Financial Services – 7.4% | |||||
| Bank of America Corp. |
58,853 | 2,059,855 | |||
| Investments | Shares | Value | |||
| CIT Group, Inc. |
795 | $ | 5,533 | ||
| Citigroup, Inc. |
72,956 | 1,496,328 | |||
| CME Group, Inc. |
110 | 40,866 | |||
| IntercontinentalExchange, Inc.* |
153 | 12,344 | |||
| JPMorgan Chase & Co. |
48,218 | 2,251,780 | |||
| Moody’s Corp. |
2,592 | 88,128 | |||
| NYSE Euronext |
792 | 31,031 | |||
| Total Diversified Financial Services | 5,985,865 | ||||
| Diversified Telecommunication Services – 2.1% | |||||
| AT&T, Inc. |
32,172 | 898,241 | |||
| Embarq Corp. |
1,792 | 72,666 | |||
| Fairpoint Communications, Inc. |
319 | 2,766 | |||
| Qwest Communications International, Inc. |
48,671 | 157,207 | |||
| Verizon Communications, Inc. |
17,062 | 547,520 | |||
| Windstream Corp. |
4,488 | 49,099 | |||
| Total Diversified Telecommunication Services | 1,727,499 | ||||
| Electric Utilities – 2.0% | |||||
| Allegheny Energy, Inc. |
760 | 27,945 | |||
| American Electric Power Co., Inc. |
2,914 | 107,905 | |||
| Duke Energy Corp. |
11,247 | 196,035 | |||
| Edison International |
2,656 | 105,974 | |||
| Entergy Corp. |
1,361 | 121,143 | |||
| Exelon Corp. |
5,375 | 336,583 | |||
| FirstEnergy Corp. |
2,194 | 146,976 | |||
| FPL Group, Inc. |
2,342 | 117,803 | |||
| Pepco Holdings, Inc. |
1,357 | 31,089 | |||
| PPL Corp. |
2,312 | 85,590 | |||
| Progress Energy, Inc. |
2,031 | 87,597 | |||
| Southern Co. |
5,608 | 211,366 | |||
| Total Electric Utilities | 1,576,006 | ||||
| Electrical Equipment – 0.4% | |||||
| Emerson Electric Co. |
4,887 | 199,340 | |||
| First Solar, Inc.* |
50 | 9,446 | |||
| Rockwell Automation, Inc. |
1,010 | 37,713 | |||
| Roper Industries, Inc. |
486 | 27,683 | |||
| SunPower Corp. Class A* |
6 | 426 | |||
| Sunpower Corp. Class B* |
153 | 10,565 | |||
| Total Electrical Equipment | 285,173 | ||||
| Electronic Equipment & Instruments – 0.2% | |||||
| Agilent Technologies, Inc.* |
1,675 | 49,681 | |||
| Amphenol Corp. Class A |
960 | 38,534 | |||
| Avnet, Inc.* |
1,554 | 38,275 | |||
| Dolby Laboratories, Inc. Class A* |
394 | 13,865 | |||
| Molex, Inc. |
1,000 | 22,450 | |||
| Total Electronic Equipment & Instruments | 162,805 | ||||
| Energy Equipment & Services – 1.3% | |||||
| Baker Hughes, Inc. |
2,367 | 143,298 | |||
| BJ Services Co. |
4,155 | 79,485 | |||
| Cameron International Corp.* |
1,350 | 52,029 | |||
| Diamond Offshore Drilling, Inc. |
884 | 91,105 | |||
| ENSCO International, Inc. |
2,156 | 124,250 | |||
| Exterran Holdings, Inc.* |
44 | 1,406 | |||
Notes to Financial Statements.
| 26 | WisdomTree Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Earnings 500 Fund
September 30, 2008
| Investments | Shares | Value | |||
| FMC Technologies, Inc.* |
633 | $ | 29,466 | ||
| Halliburton Co. |
8,682 | 281,211 | |||
| National Oilwell Varco, Inc.* |
2,779 | 139,589 | |||
| Pride International, Inc.* |
1,554 | 46,014 | |||
| Smith International, Inc. |
1,119 | 65,618 | |||
| Total Energy Equipment & Services | 1,053,471 | ||||
| Food & Staples Retailing – 3.7% | |||||
| Costco Wholesale Corp. |
2,051 | 133,171 | |||
| CVS/Caremark Corp. |
7,258 | 244,304 | |||
| Kroger Co. (The) |
5,986 | 164,495 | |||
| Safeway, Inc. |
3,118 | 73,959 | |||
| SUPERVALU, Inc. |
1,952 | 42,358 | |||
| SYSCO Corp. |
4,136 | 127,513 | |||
| Walgreen Co. |
7,222 | 223,593 | |||
| Wal-Mart Stores, Inc. |
33,012 | 1,977,090 | |||
| Whole Foods Market, Inc. |
635 | 12,719 | |||
| Total Food & Staples Retailing | 2,999,202 | ||||
| Food Products – 1.6% | |||||
| Archer-Daniels-Midland Co. |
4,753 | 104,138 | |||
| Campbell Soup Co. |
2,721 | 105,031 | |||
| ConAgra Foods, Inc. |
3,688 | 71,768 | |||
| General Mills, Inc. |
2,443 | 167,883 | |||
| H.J. Heinz Co. |
2,232 | 111,533 | |||
| Hershey Co. (The) |
964 | 38,117 | |||
| Hormel Foods Corp. |
960 | 34,829 | |||
| Kellogg Co. |
2,789 | 156,463 | |||
| Kraft Foods, Inc. Class A |
9,390 | 307,522 | |||
| McCormick & Co., Inc. |
771 | 29,645 | |||
| Sara Lee Corp. |
2,403 | 30,350 | |||
| Tyson Foods, Inc. Class A |
2,182 | 26,053 | |||
| Wm. Wrigley Jr. Co. |
1,286 | 102,108 | |||
| Total Food Products | 1,285,440 | ||||
| Gas Utilities – 0.1% | |||||
| Equitable Resources, Inc. |
476 | 17,460 | |||
| Questar Corp. |
1,200 | 49,104 | |||
| Total Gas Utilities | 66,564 | ||||
| Health Care Equipment & Supplies – 1.5% | |||||
| Baxter International, Inc. |
3,699 | 242,765 | |||
| Becton Dickinson & Co. |
1,387 | 111,321 | |||
| Boston Scientific Corp.* |
2,880 | 35,338 | |||
| C.R. Bard, Inc. |
520 | 49,332 | |||
| DENTSPLY International, Inc. |
724 | 27,179 | |||
| Hologic, Inc.* |
352 | 6,804 | |||
| Hospira, Inc.* |
312 | 11,918 | |||
| Intuitive Surgical, Inc.* |
45 | 10,844 | |||
| Medtronic, Inc. |
7,539 | 377,704 | |||
| St. Jude Medical, Inc.* |
1,900 | 82,631 | |||
| Stryker Corp. |
1,591 | 99,119 | |||
| Varian Medical Systems, Inc.* |
604 | 34,507 | |||
| Zimmer Holdings, Inc.* |
1,419 | 91,611 | |||
| Total Health Care Equipment & Supplies | 1,181,073 | ||||
| Investments | Shares | Value | |||
| Health Care Providers & Services – 1.9% | |||||
| Aetna, Inc. |
4,051 | $ | 146,282 | ||
| AmerisourceBergen Corp. |
1,363 | 51,317 | |||
| Cardinal Health, Inc. |
2,776 | 136,801 | |||
| Cigna Corp. |
2,715 | 92,256 | |||
| Coventry Health Care, Inc.* |
1,351 | 43,975 | |||
| DaVita, Inc.* |
804 | 45,836 | |||
| Express Scripts, Inc.* |
1,041 | 76,847 | |||
| Health Net, Inc.* |
451 | 10,644 | |||
| Henry Schein, Inc.* |
472 | 25,412 | |||
| Humana, Inc.* |
1,195 | 49,234 | |||
| Laboratory Corp. of America Holdings* |
798 | 55,461 | |||
| McKesson Corp. |
1,911 | 102,831 | |||
| Medco Health Solutions, Inc.* |
2,375 | 106,875 | |||
| Quest Diagnostics, Inc. |
1,337 | 69,083 | |||
| UnitedHealth Group, Inc. |
10,232 | 259,790 | |||
| WellPoint, Inc.* |
4,813 | 225,104 | |||
| Total Health Care Providers & Services | 1,497,748 | ||||
| Hotels, Restaurants & Leisure – 0.8% | |||||
| Darden Restaurants, Inc. |
1,722 | 49,301 | |||
| International Game Technology |
1,409 | 24,207 | |||
| Interval Leisure Group, Inc.* |
302 | 3,141 | |||
| Las Vegas Sands Corp.* |
211 | 7,619 | |||
| Marriott International, Inc. Class A |
2,856 | 74,513 | |||
| McDonald’s Corp. |
3,901 | 240,691 | |||
| MGM Mirage* |
964 | 27,474 | |||
| Penn National Gaming, Inc.* |
329 | 8,742 | |||
| Starbucks Corp.* |
4,074 | 60,580 | |||
| Starwood Hotels & Resorts Worldwide, Inc. |
1,740 | 48,964 | |||
| Wyndham Worldwide Corp |
2,032 | 31,923 | |||
| Yum! Brands, Inc. |
3,167 | 103,275 | |||
| Total Hotels, Restaurants & Leisure | 680,430 | ||||
| Household Durables – 0.4% | |||||
| Black & Decker Corp. (The) |
791 | 48,053 | |||
| Fortune Brands, Inc. |
1,430 | 82,025 | |||
| Mohawk Industries, Inc.* |
769 | 51,823 | |||
| Newell Rubbermaid, Inc. |
2,364 | 40,803 | |||
| Whirlpool Corp. |
901 | 71,440 | |||
| Total Household Durables | 294,144 | ||||
| Household Products – 2.2% | |||||
| Clorox Co. |
995 | 62,377 | |||
| Colgate-Palmolive Co. |
2,715 | 204,575 | |||
| Energizer Holdings, Inc.* |
330 | 26,582 | |||
| Kimberly-Clark Corp. |
3,468 | 224,865 | |||
| Procter & Gamble Co. |
18,091 | 1,260,761 | |||
| Total Household Products | 1,779,160 | ||||
| Independent Power Producers & Energy – 0.2% | |||||
| AES Corp. (The)* |
2,439 | 28,512 | |||
| Constellation Energy Group, Inc. |
1,000 | 24,300 | |||
| Dynegy, Inc. Class A* |
2,307 | 8,259 | |||
| Mirant Corp.* |
4,476 | 81,866 | |||
| NRG Energy, Inc.* |
1,221 | 30,220 | |||
Notes to Financial Statements.
| WisdomTree Earnings Funds | 27 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Earnings 500 Fund
September 30, 2008
| Investments | Shares | Value | |||
| Reliant Energy, Inc.* |
480 | $ | 3,528 | ||
| Total Independent Power Producers & Energy | 176,685 | ||||
| Industrial Conglomerates – 2.7% | |||||
| 3M Co. |
4,882 | 333,489 | |||
| General Electric Co. |
72,002 | 1,836,051 | |||
| Textron, Inc. |
1,514 | 44,330 | |||
| Total Industrial Conglomerates | 2,213,870 | ||||
| Insurance – 7.0% | |||||
| Allstate Corp. (The) |
11,479 | 529,411 | |||
| American Family Life Assurance Co., Inc. |
3,251 | 190,996 | |||
| American International Group, Inc. |
33,691 | 112,191 | |||
| AON Corp. |
2,284 | 102,689 | |||
| Assurant, Inc. |
1,400 | 77,000 | |||
| Berkshire Hathaway, Inc. Class B* |
355 | 1,560,226 | |||
| Chubb Corp. |
6,191 | 339,886 | |||
| Cincinnati Financial Corp. |
1,807 | 51,391 | |||
| CNA Financial Corp. |
4,038 | 105,957 | |||
| Genworth Financial, Inc. Class A |
7,053 | 60,726 | |||
| Hartford Financial Services Group, Inc. (The) |
4,628 | 189,702 | |||
| Lincoln National Corp. |
3,245 | 138,918 | |||
| Loews Corp. |
5,523 | 218,103 | |||
| Marsh & McLennan Cos., Inc. |
2,971 | 94,359 | |||
| Metlife, Inc. |
8,198 | 459,088 | |||
| Nationwide Financial Services, Inc. Class A |
1,936 | 95,503 | |||
| Principal Financial Group, Inc. |
1,761 | 76,586 | |||
| Progressive Corp. (The) |
9,309 | 161,977 | |||
| Prudential Financial, Inc. |
3,558 | 256,176 | |||
| Torchmark Corp. |
1,114 | 66,617 | |||
| Transatlantic Holdings, Inc. |
840 | 45,654 | |||
| Travelers Cos., Inc. (The) |
11,106 | 501,991 | |||
| Unum Group |
4,367 | 109,612 | |||
| W.R. Berkley Corp. |
3,176 | 74,795 | |||
| Total Insurance | 5,619,554 | ||||
| Internet & Catalog Retail – 0.1% | |||||
| Amazon.Com, Inc.* |
522 | 37,982 | |||
| Expedia, Inc.* |
1,276 | 19,280 | |||
| HSN Inc.* |
302 | 3,325 | |||
| Ticketmaster* |
302 | 3,240 | |||
| Total Internet & Catalog Retail | 63,827 | ||||
| Internet Software & Services – 0.5% | |||||
| Akamai Technologies, Inc.* |
312 | 5,441 | |||
| eBay, Inc.* |
644 | 14,413 | |||
| Google, Inc. Class A* |
765 | 306,397 | |||
| IAC/InterActiveCorp* |
749 | 12,958 | |||
| Yahoo! Inc.* |
3,879 | 67,107 | |||
| Total Internet Software & Services | 406,316 | ||||
| IT Services – 0.8% | |||||
| Alliance Data Systems Corp.* |
279 | 17,683 | |||
| Automatic Data Processing, Inc. |
2,760 | 117,990 | |||
| Cognizant Technology Solutions Corp. Class A* |
1,230 | 28,081 | |||
| Computer Sciences Corp.* |
960 | 38,582 | |||
| DST Systems, Inc.* |
405 | 22,676 | |||
| Investments | Shares | Value | |||
| Fidelity National Information Services, Inc. |
1,248 | $ | 23,038 | ||
| Fiserv, Inc.* |
1,033 | 48,882 | |||
| Lender Processing Services, Inc. |
628 | 19,167 | |||
| Mastercard, Inc. Class A |
466 | 82,636 | |||
| Paychex, Inc. |
1,837 | 60,676 | |||
| Total System Services, Inc. |
3,011 | 49,380 | |||
| Western Union Co. (The) |
4,466 | 110,176 | |||
| Total IT Services | 618,967 | ||||
| Leisure Equipment & Products – 0.1% | |||||
| Mattel, Inc. |
3,632 | 65,521 | |||
| Life Sciences Tools & Services – 0.2% | |||||
| Covance, Inc.* |
244 | 21,572 | |||
| Pharmaceutical Product Development, Inc. |
517 | 21,378 | |||
| Thermo Fisher Scientific, Inc.* |
1,272 | 69,960 | |||
| Waters Corp.* |
410 | 23,854 | |||
| Total Life Sciences Tools & Services | 136,764 | ||||
| Machinery – 1.9% | |||||
| AGCO Corp.* |
443 | 18,876 | |||
| Caterpillar, Inc. |
6,614 | 394,194 | |||
| Cummins, Inc. |
1,672 | 73,100 | |||
| Danaher Corp. |
1,840 | 127,696 | |||
| Deere & Co. |
2,678 | 132,561 | |||
| Dover Corp. |
1,835 | 74,409 | |||
| Eaton Corp. |
1,435 | 80,618 | |||
| Flowserve Corp. |
273 | 24,234 | |||
| Harsco Corp. |
488 | 18,149 | |||
| Illinois Tool Works, Inc. |
4,488 | 199,492 | |||
| ITT Corp. |
1,301 | 72,349 | |||
| John Bean Technologies Corp.* |
133 | 1,684 | |||
| Joy Global, Inc. |
642 | 28,980 | |||
| Manitowoc Co., Inc. (The) |
756 | 11,756 | |||
| PACCAR, Inc. |
3,311 | 126,447 | |||
| Parker Hannifin Corp. |
1,488 | 78,864 | |||
| SPX Corp. |
390 | 30,030 | |||
| Terex Corp.* |
1,198 | 36,563 | |||
| Total Machinery | 1,530,002 | ||||
| Media – 2.7% | |||||
| Ascent Media Corp. Class A* |
29 | 710 | |||
| CBS Corp. Class B |
6,508 | 94,887 | |||
| Clear Channel Outdoor Holdings, Inc. Class A* |
930 | 12,722 | |||
| Comcast Corp. Class A |
7,576 | 148,717 | |||
| DIRECTV Group, Inc. (The)* |
7,289 | 190,753 | |||
| Discovery Communications Inc. Class A* |
298 | 4,247 | |||
| Discovery Communications Inc. Class C* |
302 | 4,276 | |||
| DISH Network Corp. Class A* |
2,496 | 52,416 | |||
| E.W. Scripps Co. Class A |
299 | 2,114 | |||
| Gannett Co., Inc. |
3,650 | 61,722 | |||
| McGraw-Hill Cos., Inc. (The) |
2,998 | 94,767 | |||
| News Corp. Class A |
18,363 | 220,172 | |||
| Omnicom Group, Inc. |
2,497 | 96,284 | |||
| Scripps Networks Interactive, Inc. Class A |
1,122 | 40,740 | |||
| Time Warner Cable, Inc. Class A* |
5,242 | 126,856 | |||
| Time Warner, Inc. |
28,295 | 370,947 | |||
Notes to Financial Statements.
| 28 | WisdomTree Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Earnings 500 Fund
September 30, 2008
| Investments | Shares | Value | |||
| Viacom, Inc. Class B* |
4,594 | $ | 114,115 | ||
| Walt Disney Co. (The) |
16,477 | 505,680 | |||
| Washington Post Co. (The) Class B |
43 | 23,941 | |||
| Total Media | 2,166,066 | ||||
| Metals & Mining – 1.1% | |||||
| AK Steel Holding Corp.* |
951 | 24,650 | |||
| Alcoa, Inc. |
8,096 | 182,808 | |||
| Allegheny Technologies, Inc. |
1,166 | 34,455 | |||
| Freeport-McMoRan Copper & Gold, Inc. |
3,490 | 198,406 | |||
| Newmont Mining Corp. |
473 | 18,333 | |||
| Nucor Corp. |
3,295 | 130,153 | |||
| Southern Copper Corp. |
9,722 | 185,496 | |||
| Steel Dynamics, Inc. |
1,935 | 33,069 | |||
| United States Steel Corp. |
1,441 | 111,836 | |||
| Total Metals & Mining | 919,206 | ||||
| Multiline Retail – 1.1% | |||||
| JC Penney Co., Inc. |
3,218 | 107,288 | |||
| Kohl’s Corp.* |
3,311 | 152,571 | |||
| Macy’s, Inc. |
4,475 | 80,461 | |||
| Nordstrom, Inc. |
2,519 | 72,598 | |||
| Sears Holdings Corp.* |
1,642 | 153,527 | |||
| Target Corp. |
7,346 | 360,320 | |||
| Total Multiline Retail | 926,765 | ||||
| Multi-Utilities – 1.0% | |||||
| Ameren Corp. |
1,447 | 56,476 | |||
| Centerpoint Energy, Inc. |
2,193 | 31,952 | |||
| Consolidated Edison, Inc. |
2,126 | 91,333 | |||
| Dominion Resources, Inc. |
1,328 | 56,812 | |||
| DTE Energy Co. |
964 | 38,676 | |||
| MDU Resources Group, Inc. |
1,433 | 41,557 | |||
| NiSource, Inc. |
2,351 | 34,701 | |||
| PG&E Corp. |
2,591 | 97,033 | |||
| Public Service Enterprise Group, Inc. |
3,637 | 119,257 | |||
| SCANA Corp. |
921 | 35,855 | |||
| Sempra Energy |
1,998 | 100,839 | |||
| Wisconsin Energy Corp. |
880 | 39,512 | |||
| Xcel Energy, Inc. |
3,158 | 63,128 | |||
| Total Multi-Utilities | 807,131 | ||||
| Office Electronics – 0.1% | |||||
| Xerox Corp. |
8,288 | 95,561 | |||
| Oil, Gas & Consumable Fuels – 13.1% | |||||
| Anadarko Petroleum Corp. |
2,649 | 128,503 | |||
| Apache Corp. |
2,561 | 267,061 | |||
| Arch Coal, Inc. |
518 | 17,037 | |||
| Chesapeake Energy Corp. |
4,906 | 175,929 | |||
| Chevron Corp. |
23,365 | 1,927,145 | |||
| ConocoPhillips |
17,428 | 1,276,601 | |||
| Consol Energy, Inc. |
568 | 26,066 | |||
| Denbury Resources, Inc.* |
951 | 18,107 | |||
| Devon Energy Corp. |
3,798 | 346,378 | |||
| El Paso Corp. |
1,555 | 19,842 | |||
| EOG Resources, Inc. |
1,397 | 124,976 | |||
| Investments | Shares | Value | |||
| Exxon Mobil Corp. |
54,799 | $ | 4,255,690 | ||
| Hess Corp. |
2,320 | 190,426 | |||
| Marathon Oil Corp. |
9,504 | 378,924 | |||
| Murphy Oil Corp. |
1,088 | 69,784 | |||
| Newfield Exploration Co.* |
716 | 22,905 | |||
| Noble Energy, Inc. |
994 | 55,256 | |||
| Occidental Petroleum Corp. |
6,581 | 463,631 | |||
| Peabody Energy Corp. |
598 | 26,910 | |||
| Pioneer Natural Resources Co. |
487 | 25,460 | |||
| Range Resources Corp. |
429 | 18,391 | |||
| Southwestern Energy Co.* |
888 | 27,120 | |||
| Spectra Energy Corp. |
4,537 | 107,981 | |||
| Sunoco, Inc. |
1,752 | 62,336 | |||
| Tesoro Corp. |
2,004 | 33,046 | |||
| Valero Energy Corp. |
8,884 | 269,185 | |||
| Williams Cos., Inc. |
2,993 | 70,784 | |||
| XTO Energy, Inc. |
4,110 | 191,197 | |||
| Total Oil, Gas & Consumable Fuels | 10,596,671 | ||||
| Paper & Forest Products – 0.1% | |||||
| International Paper Co. |
2,020 | 52,884 | |||
| MeadWestvaco Corp. |
236 | 5,501 | |||
| Weyerhaeuser Co. |
283 | 17,144 | |||
| Total Paper & Forest Products | 75,529 | ||||
| Personal Products – 0.2% | |||||
| Avon Products, Inc. |
2,028 | 84,304 | |||
| Estee Lauder Cos., Inc. (The) Class A |
1,271 | 63,436 | |||
| Total Personal Products | 147,740 | ||||
| Pharmaceuticals – 4.9% | |||||
| Abbott Laboratories |
4,478 | 257,843 | |||
| Allergan, Inc. |
960 | 49,440 | |||
| Barr Pharmaceuticals, Inc.* |
484 | 31,605 | |||
| Bristol-Myers Squibb Co. |
10,921 | 227,703 | |||
| Eli Lilly & Co. |
6,559 | 288,793 | |||
| Forest Laboratories, Inc.* |
1,755 | 49,631 | |||
| Johnson & Johnson |
19,702 | 1,364,954 | |||
| Merck & Co., Inc. |
13,069 | 412,458 | |||
| Pfizer, Inc. |
37,318 | 688,144 | |||
| Schering-Plough Corp. |
8,745 | 161,520 | |||
| Wyeth |
12,324 | 455,249 | |||
| Total Pharmaceuticals | 3,987,340 | ||||
| Professional Services – 0.1% | |||||
| Dun & Bradstreet Corp. |
399 | 37,650 | |||
| Equifax, Inc. |
917 | 31,591 | |||
| Manpower, Inc. |
1,000 | 43,159 | |||
| Total Professional Services | 112,400 | ||||
| Real Estate Investment Trusts – 0.8% | |||||
| AMB Property Corp. |
582 | 26,365 | |||
| AvalonBay Communities, Inc. |
244 | 24,014 | |||
| Boston Properties, Inc. |
1,435 | 134,403 | |||
| Developers Diversified Realty Corp. |
667 | 21,137 | |||
| General Growth Properties, Inc. |
1,005 | 15,176 | |||
| HCP Inc. |
479 | 19,222 | |||
Notes to Financial Statements.
| WisdomTree Earnings Funds | 29 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree Earnings 500 Fund
September 30, 2008
| Investments | Shares | Value | |||
| Host Hotels & Resorts, Inc. |
3,109 | $ | 41,319 | ||
| Kimco Realty Corp. |
1,209 | 44,660 | |||
| Macerich Co. (The) |
114 | 7,256 | |||
| Plum Creek Timber Co., Inc. |
591 | 29,467 | |||
| Prologis |
2,393 | 98,759 | |||
| Public Storage, Inc. |
35 | 3,465 | |||
| Simon Property Group, Inc. |
751 | 72,847 | |||
| SL Green Realty Corp. |
230 | 14,904 | |||
| Ventas, Inc. |
452 | 22,338 | |||
| Vornado Realty Trust |
684 | 62,210 | |||
| Total Real Estate Investment Trusts | 637,542 | ||||
| Real Estate Management & Development – 0.0% | |||||
| CB Richard Ellis Group, Inc. Class A* |
2,310 | 30,885 | |||
| Road & Rail – 1.2% | |||||
| Burlington Northern Santa Fe Corp. |
2,892 | 267,307 | |||
| CSX Corp. |
3,455 | 188,539 | |||
| Hertz Global Holdings, Inc.* |
1,801 | 13,634 | |||
| Norfolk Southern Corp. |
3,590 | 237,694 | |||
| Union Pacific Corp. |
3,655 | 260,090 | |||
| Total Road & Rail | 967,264 | ||||
| Semiconductors & Semiconductor Equipment – 1.6% | |||||
| Altera Corp. |
2,123 | 43,904 | |||
| Analog Devices, Inc. |
2,114 | 55,704 | |||
| Applied Materials, Inc. |
12,517 | 189,382 | |||
| Broadcom Corp. Class A* |
804 | 14,979 | |||
| Cypress Semiconductor Corp.* |
558 | 2,913 | |||
| Intel Corp. |
27,281 | 510,972 | |||
| KLA-Tencor Corp. |
1,277 | 40,417 | |||
| Lam Research Corp.* |
951 | 29,947 | |||
| Linear Technology Corp. |
1,594 | 48,872 | |||
| MEMC Electronic Materials, Inc.* |
840 | 23,738 | |||
| Microchip Technology, Inc. |
1,363 | 40,113 | |||
| National Semiconductor Corp. |
1,872 | 32,217 | |||
| Nvidia Corp.* |
2,635 | 28,221 | |||
| Texas Instruments, Inc. |
9,925 | 213,388 | |||
| Xilinx, Inc. |
2,038 | 47,791 | |||
| Total Semiconductors & Semiconductor Equipment | 1,322,558 | ||||
| Software – 2.8% | |||||
| Activision Bizzard, Inc.* |
1,456 | 22,466 | |||
| Adobe Systems, Inc.* |
1,953 | 77,085 | |||
| Autodesk, Inc.* |
808 | 27,108 | |||
| BMC Software, Inc.* |
887 | 25,395 | |||
| CA, Inc. |
1,474 | 29,421 | |||
| Citrix Systems, Inc.* |
678 | 17,126 | |||
| Intuit, Inc.* |
1,821 | 57,562 | |||
| McAfee, Inc.* |
671 | 22,787 | |||
| Microsoft Corp. |
51,603 | 1,377,285 | |||
| Oracle Corp.* |
27,062 | 549,629 | |||
| Salesforce.com Inc.* |
11 | 532 | |||
| Symantec Corp.* |
2,397 | 46,933 | |||
| Total Software | 2,253,329 | ||||
| Specialty Retail – 2.3% | |||||
| Abercrombie & Fitch Co. Class A |
681 | 26,865 | |||
| Investments | Shares | Value | |||
| American Eagle Outfitters, Inc. |
2,442 | $ | 37,241 | ||
| Autozone, Inc.* |
611 | 75,361 | |||
| Bed Bath & Beyond, Inc.* |
2,579 | 81,006 | |||
| Best Buy Co., Inc. |
3,330 | 124,875 | |||
| Carmax, Inc.* |
1,366 | 19,124 | |||
| GameStop Corp. Class A* |
399 | 13,650 | |||
| Gap, Inc. (The) |
4,516 | 80,294 | |||
| Home Depot, Inc. |
21,733 | 562,666 | |||
| Lowe’s Cos., Inc. |
17,298 | 409,790 | |||
| Ltd. Brands, Inc. |
5,484 | 94,983 | |||
| Sherwin-Williams Co. (The) |
1,297 | 74,137 | |||
| Staples, Inc. |
5,815 | 130,838 | |||
| Tiffany & Co. |
840 | 29,837 | |||
| TJX Cos., Inc. |
3,240 | 98,885 | |||
| Total Specialty Retail | 1,859,552 | ||||
| Textiles, Apparel & Luxury Goods – 0.5% | |||||
| Coach, Inc.* |
2,828 | 70,813 | |||
| Nike, Inc. Class B |
3,315 | 221,774 | |||
| Polo Ralph Lauren Corp. |
803 | 53,512 | |||
| VF Corp. |
998 | 77,155 | |||
| Total Textiles, Apparel & Luxury Goods | 423,254 | ||||
| Thrifts & Mortgage Finance – 0.1% | |||||
| Hudson City Bancorp, Inc. |
2,628 | 48,486 | |||
| New York Community Bancorp, Inc. |
1,951 | 32,757 | |||
| People’s United Financial, Inc. |
1,195 | 23,004 | |||
| Sovereign Bancorp, Inc. |
1,125 | 4,444 | |||
| Tree.com Inc.* |
47 | 227 | |||
| Total Thrifts & Mortgage Finance | 108,918 | ||||
| Tobacco – 1.6% | |||||
| Altria Group, Inc. |
15,218 | 301,925 | |||
| Philip Morris International, Inc. |
16,195 | 778,979 | |||
| Reynolds American, Inc. |
2,319 | 112,750 | |||
| UST, Inc. |
1,064 | 70,799 | |||
| Total Tobacco | 1,264,453 | ||||
| Trading Companies & Distributors – 0.1% | |||||
| Fastenal Co. |
720 | 35,561 | |||
| W.W. Grainger, Inc. |
600 | 52,182 | |||
| Total Trading Companies & Distributors | 87,743 | ||||
| Wireless Telecommunication Services – 0.1% | |||||
| American Tower Corp. Class A* |
318 | 11,438 | |||
| MetroPCS Communications, Inc.* |
756 | 10,576 | |||
| NII Holdings, Inc.* |
1,004 | 38,072 | |||
| United Cellular Corp.* |
314 | 14,733 | |||
| Total Wireless Telecommunication Services | 74,819 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 99.4% (Cost: $96,516,259)(a) |
80,255,414 | ||||
| Cash and Other Assets in Excess of Liabilities – 0.6% |
481,066 | ||||
| NET ASSETS – 100.0% | $ | 80,736,480 | |||
| * | Non-income producing security. |
| (a) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
Notes to Financial Statements.
| 30 | WisdomTree Earnings Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree MidCap Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| COMMON STOCKS – 99.7% | |||||
| Aerospace & Defense – 1.5% | |||||
| AAR Corp.* |
600 | $ | 9,954 | ||
| Alliant Techsystems, Inc.* |
631 | 59,276 | |||
| BE Aerospace, Inc.* |
841 | 13,313 | |||
| Ceradyne, Inc.* |
1,046 | 38,346 | |||
| Curtiss-Wright Corp. |
623 | 28,315 | |||
| DRS Technologies, Inc. |
788 | 60,480 | |||
| DynCorp International, Inc. Class A* |
869 | 14,564 | |||
| Esterline Technologies Corp.* |
579 | 22,923 | |||
| HEICO Corp. |
269 | 8,829 | |||
| Hexcel Corp.* |
821 | 11,239 | |||
| Moog, Inc. Class A* |
796 | 34,132 | |||
| Orbital Sciences Corp.* |
687 | 16,467 | |||
| Spirit Aerosystems Holdings, Inc. Class A* |
1,539 | 24,732 | |||
| Teledyne Technologies, Inc.* |
572 | 32,696 | |||
| TransDigm Group, Inc.* |
580 | 19,853 | |||
| Triumph Group, Inc. |
267 | 12,205 | |||
| Total Aerospace & Defense | 407,324 | ||||
| Airlines – 1.1% | |||||
| Continental Airlines, Inc. Class B* |
7,891 | 131,623 | |||
| JetBlue Airways Corp.* |
1,434 | 7,098 | |||
| Skywest, Inc. |
1,955 | 31,241 | |||
| UAL Corp.* |
7,632 | 67,085 | |||
| US Airways Group, Inc.* |
12,075 | 72,812 | |||
| Total Airlines | 309,859 | ||||
| Auto Components – 0.5% | |||||
| Autoliv, Inc. |
2,210 | 74,587 | |||
| Gentex Corp. |
2,556 | 36,551 | |||
| Lear Corp.* |
484 | 5,082 | |||
| Tenneco, Inc.* |
1,295 | 13,766 | |||
| TRW Automotive Holdings Corp.* |
162 | 2,577 | |||
| Total Auto Components | 132,563 | ||||
| Automobiles – 0.1% | |||||
| Thor Industries, Inc. |
1,338 | 33,209 | |||
| Beverages – 0.3% | |||||
| Central European Distribution Corp.* |
431 | 19,572 | |||
| Hansen Natural Corp.* |
977 | 29,554 | |||
| PepsiAmericas, Inc. |
2,009 | 41,626 | |||
| Total Beverages | 90,752 | ||||
| Biotechnology – 0.4% | |||||
| Alkermes, Inc.* |
543 | 7,222 | |||
| Cubist Pharmaceuticals, Inc.* |
749 | 16,650 | |||
| ImClone Systems, Inc.* |
908 | 56,695 | |||
| United Therapeutics Corp.* |
256 | 26,924 | |||
| Total Biotechnology | 107,491 | ||||
| Building Products – 0.6% | |||||
| Lennox International, Inc. |
1,728 | 57,491 | |||
| Quanex Building Products Corp. |
931 | 14,188 | |||
| Simpson Manufacturing Co., Inc. |
1,145 | 31,018 | |||
| USG Corp.* |
2,235 | 57,216 | |||
| Total Building Products | 159,913 | ||||
| Investments | Shares | Value | |||
| Capital Markets – 2.6% | |||||
| Affiliated Managers Group, Inc.* |
485 | $ | 40,182 | ||
| Allied Capital Corp. |
2,539 | 27,421 | |||
| Apollo Investment Corp. |
3,101 | 52,872 | |||
| Cohen & Steers, Inc. |
901 | 25,525 | |||
| E*Trade Financial Corp.* |
40,314 | 112,880 | |||
| FCStone Group, Inc.* |
210 | 3,778 | |||
| Federated Investors, Inc. Class B |
1,865 | 53,805 | |||
| Fortress Investment Group LLC, Class A |
5,493 | 57,677 | |||
| GAMCO Investors Inc. Class A |
372 | 22,060 | |||
| GFI Group, Inc.* |
1,196 | 5,633 | |||
| Greenhill & Co., Inc. |
535 | 39,456 | |||
| Investment Technology Group, Inc.* |
789 | 24,009 | |||
| Jefferies Group, Inc. |
3,399 | 76,138 | |||
| Knight Capital Group, Inc. Class A* |
2,762 | 41,043 | |||
| optionsXpress Holdings, Inc. |
1,027 | 19,944 | |||
| Raymond James Financial, Inc. |
2,669 | 88,024 | |||
| Waddell & Reed Financial, Inc. Class A |
1,235 | 30,566 | |||
| Total Capital Markets | 721,013 | ||||
| Chemicals – 3.6% | |||||
| Airgas, Inc. |
1,278 | 63,452 | |||
| Albemarle Corp. |
1,965 | 60,601 | |||
| Ashland, Inc. |
1,448 | 42,340 | |||
| Cabot Corp. |
1,391 | 44,206 | |||
| Cytec Industries, Inc. |
1,013 | 39,416 | |||
| FMC Corp. |
984 | 50,568 | |||
| H.B. Fuller Co. |
1,479 | 30,867 | |||
| Hercules, Inc. |
7,013 | 138,786 | |||
| International Flavors & Fragrances, Inc. |
1,785 | 70,435 | |||
| Lubrizol Corp. |
1,425 | 61,475 | |||
| Nalco Holding Co. |
2,105 | 39,027 | |||
| Olin Corp. |
1,080 | 20,952 | |||
| OM Group, Inc.* |
323 | 7,268 | |||
| Rockwood Holdings, Inc.* |
920 | 23,607 | |||
| RPM International, Inc. |
3,793 | 73,356 | |||
| Scotts Miracle-Gro Co. (The) Class A |
1,128 | 26,666 | |||
| Sensient Technologies Corp. |
966 | 27,174 | |||
| Terra Industries, Inc. |
1,283 | 37,720 | |||
| Valhi, Inc. |
644 | 11,592 | |||
| Valspar Corp. (The) |
2,468 | 55,012 | |||
| W.R. Grace & Co.* |
822 | 12,429 | |||
| Westlake Chemical Corp. |
2,036 | 42,817 | |||
| Total Chemicals | 979,766 | ||||
| Commercial Banks – 6.2% | |||||
| Associated Banc-Corp |
3,883 | 77,466 | |||
| BancorpSouth, Inc. |
1,979 | 55,669 | |||
| Bank of Hawaii Corp. |
1,360 | 72,692 | |||
| BOK Financial Corp. |
1,525 | 73,825 | |||
| Cathay General Bancorp |
1,639 | 39,008 | |||
| City National Corp. |
1,441 | 78,246 | |||
| Colonial BancGroup, Inc. (The) |
6,066 | 47,679 | |||
| Commerce Bancshares, Inc. |
1,785 | 82,825 | |||
| Cullen/Frost Bankers, Inc. |
1,492 | 89,521 | |||
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 31 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree MidCap Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| East West Bancorp, Inc. |
2,272 | $ | 31,126 | ||
| First Citizens BancShares, Inc. Class A |
274 | 49,046 | |||
| First Horizon National Corp. |
3,246 | 30,383 | |||
| First Midwest Bancorp, Inc. |
1,324 | 32,094 | |||
| FirstMerit Corp. |
1,701 | 35,721 | |||
| Fulton Financial Corp. |
5,466 | 59,634 | |||
| Hancock Holding Co. |
688 | 35,088 | |||
| International Bancshares Corp. |
1,941 | 52,407 | |||
| Investors Bancorp, Inc.* |
507 | 7,630 | |||
| MB Financial, Inc. |
733 | 24,240 | |||
| PacWest Bancorp |
818 | 23,387 | |||
| Popular, Inc. |
9,543 | 79,111 | |||
| Prosperity Bancshares, Inc. |
972 | 33,038 | |||
| South Financial Group, Inc. (The) |
1,899 | 13,920 | |||
| Susquehanna Bancshares, Inc. |
1,430 | 27,914 | |||
| SVB Financial Group* |
960 | 55,603 | |||
| TCF Financial Corp. |
4,834 | 87,013 | |||
| Trustmark Corp. |
1,682 | 34,885 | |||
| UCBH Holdings, Inc. |
2,701 | 17,313 | |||
| UMB Financial Corp. |
695 | 36,501 | |||
| United Bankshares, Inc. |
1,150 | 40,250 | |||
| Valley National Bancorp |
3,093 | 64,829 | |||
| Webster Financial Corp. |
1,577 | 39,819 | |||
| Westamerica Bancorp |
700 | 40,271 | |||
| Whitney Holding Corp. |
2,153 | 52,210 | |||
| Wilmington Trust Corp. |
2,393 | 68,990 | |||
| Total Commercial Banks | 1,689,354 | ||||
| Commercial Services & Supplies – 2.0% | |||||
| Allied Waste Industries, Inc.* |
5,236 | 58,171 | |||
| Brink’s Co. (The) |
810 | 49,426 | |||
| Copart, Inc.* |
1,252 | 47,576 | |||
| Corrections Corp. of America* |
1,370 | 34,045 | |||
| Covanta Holding Corp.* |
799 | 19,128 | |||
| Deluxe Corp. |
1,709 | 24,593 | |||
| Geo Group, Inc. (The)* |
504 | 10,186 | |||
| Herman Miller, Inc. |
1,702 | 41,648 | |||
| HNI Corp. |
1,105 | 28,001 | |||
| IKON Office Solutions, Inc. |
3,392 | 57,698 | |||
| Mine Safety Appliances Co. |
448 | 17,078 | |||
| Rollins, Inc. |
1,440 | 27,331 | |||
| Steelcase, Inc. Class A |
2,982 | 32,057 | |||
| Tetra Tech, Inc.* |
720 | 17,323 | |||
| United Stationers, Inc.* |
949 | 45,391 | |||
| Waste Connections, Inc.* |
1,068 | 36,632 | |||
| Total Commercial Services & Supplies | 546,284 | ||||
| Communications Equipment – 1.2% | |||||
| ADC Telecommunications, Inc.* |
2,816 | 23,795 | |||
| Adtran, Inc. |
1,187 | 23,135 | |||
| Arris Group, Inc.* |
5,015 | 38,766 | |||
| Avocent Corp.* |
714 | 14,608 | |||
| Brocade Communications Systems, Inc.* |
2,919 | 16,989 | |||
| Ciena Corp.* |
588 | 5,927 | |||
| CommScope, Inc.* |
1,530 | 52,999 | |||
| Investments | Shares | Value | |||
| Comtech Telecommunications Corp.* |
456 | $ | 22,453 | ||
| Emulex Corp.* |
613 | 6,541 | |||
| F5 Networks, Inc.* |
1,013 | 23,684 | |||
| Foundry Networks, Inc.* |
1,649 | 30,028 | |||
| Netgear, Inc.* |
483 | 7,245 | |||
| Plantronics, Inc. |
741 | 16,687 | |||
| Polycom, Inc.* |
1,012 | 23,408 | |||
| Riverbed Technology, Inc.* |
103 | 1,290 | |||
| Sonus Networks, Inc.* |
1,932 | 5,564 | |||
| Starent Networks Corp.* |
114 | 1,475 | |||
| Tellabs, Inc.* |
4,471 | 18,152 | |||
| Total Communications Equipment | 332,746 | ||||
| Computers & Peripherals – 1.0% | |||||
| Diebold, Inc. |
743 | 24,601 | |||
| Electronics For Imaging* |
318 | 4,430 | |||
| Intermec, Inc.* |
255 | 5,008 | |||
| Lexmark International, Inc. Class A* |
3,082 | 100,381 | |||
| NCR Corp.* |
4,009 | 88,398 | |||
| QLogic Corp.* |
2,626 | 40,335 | |||
| Synaptics, Inc.* |
429 | 12,964 | |||
| Total Computers & Peripherals | 276,117 | ||||
| Construction & Engineering – 0.8% | |||||
| Aecom Technology Corp.* |
1,216 | 29,719 | |||
| Dycom Industries, Inc.* |
420 | 5,468 | |||
| EMCOR Group, Inc.* |
1,579 | 41,559 | |||
| Granite Construction Inc. |
1,042 | 37,324 | |||
| Perini Corp.* |
702 | 18,105 | |||
| Quanta Services, Inc.* |
1,685 | 45,512 | |||
| URS Corp.* |
907 | 33,260 | |||
| Total Construction & Engineering | 210,947 | ||||
| Construction Materials – 0.2% | |||||
| Eagle Materials, Inc. |
1,443 | 32,280 | |||
| Texas Industries, Inc. |
362 | 14,791 | |||
| Total Construction Materials | 47,071 | ||||
| Consumer Finance – 0.7% | |||||
| AmeriCredit Corp.* |
10,184 | 103,164 | |||
| First Marblehead Corp. (The) |
12,310 | 30,652 | |||
| Student Loan Corp. (The) |
634 | 58,962 | |||
| Total Consumer Finance | 192,778 | ||||
| Containers & Packaging – 2.7% | |||||
| AptarGroup, Inc. |
1,147 | 44,859 | |||
| Ball Corp. |
2,209 | 87,233 | |||
| Bemis Co. Inc. |
2,538 | 66,521 | |||
| Crown Holdings, Inc.* |
4,552 | 101,100 | |||
| Greif, Inc. Class A |
741 | 48,624 | |||
| Packaging Corp. of America |
2,102 | 48,724 | |||
| Pactiv Corp. * |
2,717 | 67,463 | |||
| Sealed Air Corp. |
5,435 | 119,517 | |||
| Silgan Holdings, Inc. |
803 | 41,025 | |||
| Sonoco Products Co. |
2,339 | 69,422 | |||
| Temple-Inland, Inc. |
2,970 | 45,322 | |||
| Total Containers & Packaging | 739,810 | ||||
See Notes to Financial Statements.
| 32 | WisdomTree Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree MidCap Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| Distributors – 0.1% | |||||
| LKQ Corp.* |
1,005 | $ | 17,055 | ||
| Diversified Consumer Services – 1.1% | |||||
| Capella Education Co.* |
99 | 4,243 | |||
| Career Education Corp.* |
1,389 | 22,710 | |||
| Corinthian Colleges, Inc.* |
404 | 6,060 | |||
| DeVry, Inc. |
391 | 19,370 | |||
| Hillenbrand, Inc. |
1,213 | 24,454 | |||
| ITT Educational Services, Inc.* |
535 | 43,287 | |||
| Matthews International Corp. Class A |
473 | 24,000 | |||
| Regis Corp. |
1,293 | 35,558 | |||
| Service Corp International |
2,088 | 17,456 | |||
| Sotheby’s |
1,462 | 29,328 | |||
| Strayer Education, Inc. |
120 | 24,031 | |||
| Weight Watchers International, Inc. |
1,586 | 58,047 | |||
| Total Diversified Consumer Services | 308,544 | ||||
| Diversified Financial Services – 0.2% | |||||
| Nasdaq Stock Market, Inc. (The)* |
1,543 | 47,170 | |||
| PHH Corp.* |
135 | 1,794 | |||
| Total Diversified Financial Services | 48,964 | ||||
| Diversified Telecommunication Services – 0.7% | |||||
| Cbeyond, Inc.* |
114 | 1,640 | |||
| CenturyTel, Inc. |
3,030 | 111,050 | |||
| Cincinnati Bell, Inc.* |
6,670 | 20,610 | |||
| Frontier Communications Corp. |
5,177 | 59,536 | |||
| Total Diversified Telecommunication Services | 192,836 | ||||
| Electric Utilities – 2.0% | |||||
| ALLETE, Inc. |
791 | 35,200 | |||
| Cleco Corp. |
1,864 | 47,066 | |||
| DPL, Inc. |
1,746 | 43,301 | |||
| EL Paso Electric Co.* |
980 | 20,580 | |||
| Great Plains Energy, Inc. |
2,666 | 59,239 | |||
| Hawaiian Electric Industries, Inc. |
793 | 23,084 | |||
| IDACORP, Inc. |
881 | 25,628 | |||
| ITC Holdings Corp. |
359 | 18,585 | |||
| Northeast Utilities |
2,449 | 62,817 | |||
| Pinnacle West Capital Corp. |
2,481 | 85,371 | |||
| Portland General Electric Co. |
2,051 | 48,527 | |||
| Sierra Pacific Resources |
3,957 | 37,908 | |||
| Westar Energy, Inc. |
2,357 | 54,305 | |||
| Total Electric Utilities | 561,611 | ||||
| Electrical Equipment – 1.6% | |||||
| Acuity Brands, Inc. |
1,244 | 51,949 | |||
| AMETEK, Inc. |
1,640 | 66,863 | |||
| Baldor Electric Co. |
859 | 24,748 | |||
| Belden, Inc. |
859 | 27,308 | |||
| Brady Corp. Class A |
1,105 | 38,984 | |||
| General Cable Corp.* |
970 | 34,561 | |||
| GrafTech International Ltd.* |
2,241 | 33,862 | |||
| Hubbell, Inc. Class B |
1,292 | 45,285 | |||
| Regal-Beloit Corp. |
935 | 39,756 | |||
| Thomas & Betts Corp.* |
1,459 | 57,003 | |||
| Investments | Shares | Value | |||
| Woodward Governor Co. |
820 | $ | 28,921 | ||
| Total Electrical Equipment | 449,240 | ||||
| Electronic Equipment & Instruments – 2.2% | |||||
| Anixter International, Inc.* |
1,338 | 79,623 | |||
| Arrow Electronics, Inc.* |
3,928 | 102,991 | |||
| AVX Corp. |
4,015 | 40,913 | |||
| Benchmark Electronics, Inc.* |
1,958 | 27,569 | |||
| Brightpoint, Inc.* |
899 | 6,473 | |||
| Flir Systems, Inc.* |
1,654 | 63,547 | |||
| Ingram Micro, Inc. Class A* |
4,853 | 77,988 | |||
| Jabil Circuit, Inc. |
1,521 | 14,510 | |||
| Mettler-Toledo International, Inc.* |
490 | 48,020 | |||
| National Instruments Corp. |
873 | 26,234 | |||
| Plexus Corp.* |
906 | 18,754 | |||
| Rofin-Sinar Technologies, Inc.* |
555 | 16,989 | |||
| Tech Data Corp.* |
699 | 20,865 | |||
| Trimble Navigation Ltd.* |
1,196 | 30,929 | |||
| Vishay Intertechnology, Inc.* |
5,143 | 34,047 | |||
| Total Electronic Equipment & Instruments | 609,452 | ||||
| Energy Equipment & Services – 4.7% | |||||
| Atwood Oceanics, Inc.* |
774 | 28,174 | |||
| Bristow Group, Inc.* |
486 | 16,446 | |||
| Complete Production Services, Inc.* |
3,424 | 68,925 | |||
| Dresser-Rand Group, Inc.* |
879 | 27,662 | |||
| Dril-Quip, Inc.* |
638 | 27,683 | |||
| Global Industries Ltd.* |
2,784 | 19,321 | |||
| Helix Energy Solutions Group, Inc.* |
1,738 | 42,199 | |||
| Helmerich & Payne, Inc. |
3,601 | 155,527 | |||
| Hercules Offshore, Inc.* |
2,010 | 30,472 | |||
| IHS Inc. Class A* |
360 | 17,150 | |||
| ION Geophysical Corp.* |
776 | 11,011 | |||
| Key Energy Group, Inc.* |
3,541 | 41,076 | |||
| Oceaneering International, Inc.* |
844 | 45,002 | |||
| Oil States International, Inc.* |
2,148 | 75,932 | |||
| Patterson-UTI Energy, Inc. |
9,108 | 182,342 | |||
| Rowan Cos., Inc. |
3,780 | 115,479 | |||
| SEACOR Holdings, Inc.* |
693 | 54,712 | |||
| Superior Energy Services, Inc.* |
2,806 | 87,379 | |||
| Tetra Technologies, Inc.* |
1,507 | 20,872 | |||
| Tidewater, Inc. |
2,086 | 115,481 | |||
| Unit Corp.* |
2,255 | 112,344 | |||
| Total Energy Equipment & Services | 1,295,189 | ||||
| Food & Staples Retailing – 0.6% | |||||
| BJ’s Wholesale Club, Inc.* |
907 | 35,246 | |||
| Casey’s General Stores, Inc. |
929 | 28,028 | |||
| Great Atlantic & Pacific Tea Co., Inc.* |
330 | 3,571 | |||
| Longs Drug Stores Corp. |
641 | 48,484 | |||
| Ruddick Corp. |
810 | 26,285 | |||
| United Natural Foods, Inc.* |
626 | 15,644 | |||
| Total Food & Staples Retailing | 157,258 | ||||
| Food Products – 1.3% | |||||
| Corn Products International, Inc. |
1,750 | 56,490 | |||
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 33 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree MidCap Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| Dean Foods Co.* |
2,326 | $ | 54,335 | ||
| Del Monte Foods Co. |
3,775 | 29,445 | |||
| Flowers Foods, Inc. |
1,243 | 36,494 | |||
| Hain Celestial Group, Inc.* |
515 | 14,178 | |||
| J.M. Smucker Co. (The) |
1,182 | 59,916 | |||
| Lancaster Colony Corp. |
616 | 23,199 | |||
| Pilgrim’s Pride Corp. |
630 | 1,569 | |||
| Ralcorp Holdings, Inc.* |
208 | 14,021 | |||
| Smithfield Foods, Inc.* |
2,469 | 39,208 | |||
| Synutra International, Inc.* |
204 | 4,107 | |||
| Tootsie Roll Industries, Inc. |
822 | 23,764 | |||
| Total Food Products | 356,726 | ||||
| Gas Utilities – 2.3% | |||||
| AGL Resources, Inc. |
1,863 | 58,461 | |||
| Atmos Energy Corp. |
2,358 | 62,770 | |||
| Energen Corp. |
1,641 | 74,304 | |||
| National Fuel Gas Co. |
1,683 | 70,989 | |||
| New Jersey Resources Corp. |
964 | 34,598 | |||
| Nicor, Inc. |
1,063 | 47,144 | |||
| Northwest Natural Gas Co. |
554 | 28,808 | |||
| ONEOK, Inc. |
2,192 | 75,405 | |||
| Piedmont Natural Gas Co., Inc. |
1,425 | 45,543 | |||
| Southwest Gas Corp. |
1,068 | 32,318 | |||
| UGI Corp. |
2,566 | 66,151 | |||
| WGL Holdings, Inc. |
1,097 | 35,598 | |||
| Total Gas Utilities | 632,089 | ||||
| Health Care Equipment & Supplies – 1.7% | |||||
| Align Technology, Inc.* |
348 | 3,769 | |||
| Arthrocare Corp.* |
310 | 8,593 | |||
| Beckman Coulter, Inc. |
1,147 | 81,426 | |||
| Cooper Cos., Inc. (The) |
268 | 9,316 | |||
| Edwards Lifesciences Corp.* |
839 | 48,461 | |||
| Gen-Probe, Inc.* |
389 | 20,636 | |||
| Haemonetics Corp.* |
340 | 20,985 | |||
| Hill-Rom Holdings, Inc. |
1,213 | 36,766 | |||
| IDEXX Laboratories, Inc.* |
543 | 29,756 | |||
| Immucor, Inc.* |
688 | 21,988 | |||
| Kinetic Concepts, Inc.* |
1,473 | 42,113 | |||
| Mentor Corp. |
586 | 13,982 | |||
| Meridian Bioscience, Inc. |
260 | 7,550 | |||
| Resmed, Inc.* |
498 | 21,414 | |||
| Sirona Dental Systems, Inc.* |
43 | 1,001 | |||
| STERIS Corp. |
1,032 | 38,783 | |||
| Teleflex, Inc. |
404 | 25,650 | |||
| West Pharmaceutical Services, Inc. |
748 | 36,517 | |||
| Total Health Care Equipment & Supplies | 468,706 | ||||
| Health Care Providers & Services – 2.6% | |||||
| AMERIGROUP Corp.* |
1,158 | 29,228 | |||
| Chemed Corp. |
389 | 15,972 | |||
| Community Health Systems, Inc.* |
1,811 | 53,080 | |||
| Health Management Associates, Inc. Class A* |
2,640 | 10,982 | |||
| Healthsouth Corp.* |
1,771 | 32,640 | |||
| Investments | Shares | Value | |||
| Healthways, Inc.* |
268 | $ | 4,323 | ||
| LifePoint Hospitals, Inc.* |
1,575 | 50,621 | |||
| Lincare Holdings, Inc.* |
2,306 | 69,388 | |||
| Magellan Health Services, Inc.* |
654 | 26,853 | |||
| Omnicare, Inc. |
3,465 | 99,687 | |||
| Owens & Minor, Inc. |
526 | 25,511 | |||
| Patterson Cos., Inc.* |
2,325 | 70,703 | |||
| Pediatrix Medical Group, Inc.* |
730 | 39,362 | |||
| PSS World Medical, Inc.* |
892 | 17,394 | |||
| Psychiatric Solutions, Inc.* |
853 | 32,371 | |||
| Universal American Corp. * |
935 | 11,398 | |||
| Universal Health Services, Inc. Class B |
559 | 31,321 | |||
| VCA Antech, Inc.* |
908 | 26,759 | |||
| WellCare Health Plans, Inc.* |
1,728 | 62,208 | |||
| Total Health Care Providers & Services | 709,801 | ||||
| Health Care Technology – 0.6% | |||||
| Cerner Corp.* |
793 | 35,400 | |||
| Eclipsys Corp.* |
324 | 6,788 | |||
| HLTH Corp.* |
4,513 | 51,584 | |||
| IMS Health, Inc. |
4,221 | 79,818 | |||
| Total Health Care Technology | 173,590 | ||||
| Hotels, Restaurants & Leisure – 1.4% | |||||
| Ameristar Casinos, Inc. |
964 | 13,679 | |||
| Bally Technologies, Inc.* |
183 | 5,541 | |||
| Boyd Gaming Corp. |
1,092 | 10,221 | |||
| Brinker International, Inc. |
3,700 | 66,193 | |||
| Burger King Holdings, Inc. |
2,185 | 53,664 | |||
| Cheesecake Factory (The)* |
1,179 | 17,237 | |||
| Chipotle Mexican Grill, Inc. Class A* |
168 | 9,322 | |||
| Choice Hotels International, Inc. |
1,088 | 29,485 | |||
| International Speedway Corp. Class A |
614 | 23,891 | |||
| Jack in the Box, Inc.* |
1,739 | 36,693 | |||
| Life Time Fitness, Inc.* |
442 | 13,821 | |||
| Panera Bread Co. Class A* |
437 | 22,243 | |||
| Pinnacle Entertainment, Inc.* |
176 | 1,331 | |||
| Scientific Games Corp. Class A* |
646 | 14,871 | |||
| Sonic Corp.* |
902 | 13,142 | |||
| Speedway Motorsports, Inc. |
921 | 17,941 | |||
| Vail Resorts, Inc.* |
445 | 15,553 | |||
| WMS Industries, Inc.* |
555 | 16,966 | |||
| Total Hotels, Restaurants & Leisure | 381,794 | ||||
| Household Durables – 2.6% | |||||
| American Greetings Corp. Class A |
1,171 | 17,905 | |||
| Harman International Industries, Inc. |
1,403 | 47,800 | |||
| Jarden Corp.* |
1,031 | 24,177 | |||
| Leggett & Platt, Inc. |
4,726 | 102,980 | |||
| NVR, Inc.* |
273 | 156,155 | |||
| Sealy Corp. |
2,382 | 15,388 | |||
| Snap-On, Inc. |
1,331 | 70,090 | |||
| Stanley Works (The) |
2,486 | 103,766 | |||
| Tempur-Pedic International, Inc. |
1,634 | 19,216 | |||
| Toll Brothers, Inc.* |
5,217 | 131,625 | |||
See Notes to Financial Statements.
| 34 | WisdomTree Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree MidCap Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| Tupperware Brands Corp. |
980 | $ | 27,077 | ||
| Total Household Durables | 716,179 | ||||
| Household Products – 0.2% | |||||
| Church & Dwight Co., Inc. |
1,015 | 63,021 | |||
| Independent Power Producers & Energy – 0.0% | |||||
| Ormat Technologies, Inc. |
122 | 4,432 | |||
| Industrial Conglomerates – 0.5% | |||||
| Carlisle Cos., Inc. |
1,984 | 59,461 | |||
| Seaboard Corp. |
53 | 66,620 | |||
| Total Industrial Conglomerates | 126,081 | ||||
| Insurance – 8.2% | |||||
| Alleghany Corp.* |
218 | 79,570 | |||
| AMBAC Financial Group, Inc. |
2,772 | 6,459 | |||
| American Financial Group, Inc. |
5,011 | 147,825 | |||
| American National Insurance Co. |
825 | 71,222 | |||
| Arthur J. Gallagher & Co. |
2,160 | 55,426 | |||
| Brown & Brown, Inc. |
2,870 | 62,049 | |||
| Delphi Financial Group, Inc. Class A |
1,587 | 44,499 | |||
| Erie Indemnity Co. Class A |
1,515 | 64,039 | |||
| Fidelity National Financial, Inc. Class A |
6,058 | 89,053 | |||
| First American Corp. |
1,498 | 44,191 | |||
| Hanover Insurance Group, Inc. (The) |
1,851 | 84,258 | |||
| HCC Insurance Holdings, Inc. |
4,651 | 125,577 | |||
| Hilb Rogal & Hobbs Co. |
714 | 33,372 | |||
| Markel Corp.* |
280 | 98,420 | |||
| MBIA, Inc. |
6,766 | 80,515 | |||
| Mercury General Corp. |
1,695 | 92,801 | |||
| National Financial Partners Corp. |
402 | 6,030 | |||
| Odyssey Re Holdings Corp. |
2,907 | 127,327 | |||
| Old Republic International Corp. |
8,314 | 106,004 | |||
| Philadelphia Consolidated Holding Co.* |
2,841 | 166,397 | |||
| Phoenix Cos., Inc. (The) |
4,222 | 39,011 | |||
| ProAssurance Corp.* |
986 | 55,216 | |||
| Protective Life Corp. |
2,349 | 66,970 | |||
| Reinsurance Group of America, Inc. Class A |
2,237 | 120,798 | |||
| RLI Corp. |
1,061 | 65,877 | |||
| Selective Insurance Group, Inc. |
1,964 | 45,015 | |||
| StanCorp Financial Group, Inc. |
1,535 | 79,820 | |||
| State Auto Financial Corp. |
1,435 | 41,715 | |||
| Unitrin, Inc. |
1,705 | 42,523 | |||
| Wesco Financial Corp. |
82 | 29,274 | |||
| Zenith National Insurance Corp. |
2,187 | 80,132 | |||
| Total Insurance | 2,251,385 | ||||
| Internet & Catalog Retail – 0.2% | |||||
| Blue Nile, Inc.* |
72 | 3,087 | |||
| NetFlix, Inc.* |
881 | 27,205 | |||
| priceline.com, Inc.* |
518 | 35,447 | |||
| Total Internet & Catalog Retail | 65,739 | ||||
| Internet Software & Services – 0.4% | |||||
| DealerTrack Holdings, Inc.* |
211 | 3,553 | |||
| Digital River, Inc.* |
682 | 22,097 | |||
| Investments | Shares | Value | |||
| Equinix, Inc.* |
6 | $ | 417 | ||
| GSI Commerce, Inc.* |
915 | 14,164 | |||
| j2 Global Communications, Inc.* |
993 | 23,187 | |||
| SAVVIS, Inc.* |
539 | 7,244 | |||
| Sohu.com, Inc.* |
156 | 8,697 | |||
| ValueClick, Inc.* |
1,132 | 11,580 | |||
| WebMD Health Corp. Class A* |
217 | 6,454 | |||
| Total Internet Software & Services | 97,393 | ||||
| IT Services – 2.1% | |||||
| Affiliated Computer Services, Inc. Class A* |
2,060 | 104,298 | |||
| CACI International, Inc. Class A* |
598 | 29,960 | |||
| Convergys Corp.* |
3,465 | 51,213 | |||
| Euronet Worldwide, Inc.* |
519 | 8,683 | |||
| Gartner, Inc.* |
1,141 | 25,878 | |||
| Global Payments, Inc. |
1,169 | 52,441 | |||
| Heartland Payment Systems, Inc. |
467 | 11,937 | |||
| Mantech International Corp.* |
548 | 32,491 | |||
| NeuStar, Inc. Class A* |
1,186 | 23,590 | |||
| Perot Systems Corp. Class A* |
2,727 | 47,313 | |||
| SAIC, Inc.* |
6,131 | 124,029 | |||
| SRA International, Inc. Class A* |
820 | 18,557 | |||
| Syntel, Inc. |
576 | 14,112 | |||
| TeleTech Holdings, Inc.* |
1,021 | 12,701 | |||
| VeriFone Holdings, Inc.* |
418 | 6,914 | |||
| Wright Express Corp.* |
800 | 23,880 | |||
| Total IT Services | 587,997 | ||||
| Leisure Equipment & Products – 0.8% | |||||
| Brunswick Corp. |
2,143 | 27,409 | |||
| Callaway Golf Co. |
1,230 | 17,306 | |||
| Hasbro, Inc. |
4,162 | 144,505 | |||
| Polaris Industries, Inc. |
820 | 37,302 | |||
| Total Leisure Equipment & Products | 226,522 | ||||
| Life Sciences Tools & Services – 1.0% | |||||
| Affymetrix, Inc.* |
145 | 1,122 | |||
| Bio-Rad Laboratories, Inc. Class A* |
320 | 31,718 | |||
| Charles River Laboratories International, Inc.* |
832 | 46,201 | |||
| Dionex Corp.* |
190 | 12,075 | |||
| Invitrogen Corp.* |
795 | 30,051 | |||
| Millipore Corp.* |
533 | 36,670 | |||
| Parexel International Corp.* |
672 | 19,260 | |||
| PerkinElmer, Inc. |
1,472 | 36,756 | |||
| TECHNE Corp.* |
477 | 34,401 | |||
| Varian, Inc.* |
318 | 13,642 | |||
| Total Life Sciences Tools & Services | 261,896 | ||||
| Machinery – 3.9% | |||||
| Actuant Corp. Class A |
1,160 | 29,278 | |||
| Albany International Corp. Class A |
195 | 5,329 | |||
| Barnes Group, Inc. |
1,110 | 22,444 | |||
| Briggs & Stratton Corp. |
79 | 1,278 | |||
| Bucyrus International, Inc. |
685 | 30,606 | |||
| Clarcor, Inc. |
893 | 33,889 | |||
| Donaldson Co., Inc. |
1,176 | 49,286 | |||
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 35 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree MidCap Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| Gardner Denver, Inc.* |
1,871 | $ | 64,961 | ||
| Graco, Inc. |
1,404 | 49,996 | |||
| IDEX Corp. |
1,532 | 47,523 | |||
| Kaydon Corp. |
498 | 22,440 | |||
| Kennametal, Inc. |
1,759 | 47,704 | |||
| Lincoln Electric Holdings, Inc. |
990 | 63,667 | |||
| Middleby Corp.* |
219 | 11,894 | |||
| Mueller Water Products, Inc. Class A |
1,800 | 16,164 | |||
| Nordson Corp. |
611 | 30,006 | |||
| Oshkosh Corp. |
1,964 | 25,846 | |||
| Pall Corp. |
1,932 | 66,441 | |||
| Pentair, Inc. |
2,174 | 75,155 | |||
| Robbins & Myers, Inc. |
488 | 15,094 | |||
| Sauer-Danfoss, Inc. |
672 | 16,592 | |||
| Timken Co. (The) |
3,031 | 85,930 | |||
| Toro Co. (The) |
875 | 36,138 | |||
| Trinity Industries, Inc. |
3,719 | 95,691 | |||
| Valmont Industries, Inc. |
357 | 29,520 | |||
| Wabtec Corp. |
1,144 | 58,607 | |||
| Watts Water Technologies, Inc. Class A |
958 | 26,201 | |||
| Total Machinery | 1,057,680 | ||||
| Marine – 0.2% | |||||
| Alexander & Baldwin, Inc. |
698 | 30,733 | |||
| Kirby Corp.* |
826 | 31,338 | |||
| Total Marine | 62,071 | ||||
| Media – 2.0% | |||||
| AH Belo Corp. Class A |
514 | 2,652 | |||
| Belo Corp. Class A |
2,658 | 15,842 | |||
| Cinemark Holdings, Inc. |
2,566 | 34,898 | |||
| Cox Radio, Inc. Class A* |
2,229 | 23,538 | |||
| DreamWorks Animation SKG, Inc. Class A* |
1,395 | 43,873 | |||
| Harte-Hanks, Inc. |
2,015 | 20,896 | |||
| Hearst-Argyle Television, Inc. |
1,425 | 31,820 | |||
| Idearc, Inc. |
9,093 | 11,366 | |||
| Interactive Data Corp. |
1,352 | 34,097 | |||
| Interpublic Group of Cos., Inc.* |
1,091 | 8,455 | |||
| John Wiley & Sons, Inc. Class A |
998 | 40,369 | |||
| Marvel Entertainment, Inc.* |
1,575 | 53,771 | |||
| Meredith Corp. |
1,102 | 30,900 | |||
| Morningstar, Inc.* |
290 | 16,086 | |||
| New York Times Co. (The) Class A |
3,197 | 45,685 | |||
| R.H. Donnelley Corp.* |
100 | 199 | |||
| Regal Entertainment Group Class A |
7,048 | 111,218 | |||
| Scholastic Corp.* |
1,047 | 26,887 | |||
| Total Media | 552,552 | ||||
| Metals & Mining – 1.7% | |||||
| AMCOL International Corp. |
643 | 20,100 | |||
| Carpenter Technology Corp. |
1,070 | 27,446 | |||
| Cleveland-Cliffs, Inc. |
1,759 | 93,121 | |||
| Coeur d’Alene Mines Corp.* |
4,553 | 6,966 | |||
| Commercial Metals Co. |
4,211 | 71,124 | |||
| Compass Minerals International, Inc. |
520 | 27,243 | |||
| Investments | Shares | Value | |||
| Hecla Mining Co.* |
799 | $ | 3,739 | ||
| Reliance Steel & Aluminum Co. |
2,684 | 101,912 | |||
| RTI International Metals, Inc.* |
487 | 9,526 | |||
| Schnitzer Steel Industries, Inc. Class A |
710 | 27,860 | |||
| Titanium Metals Corp.* |
3,651 | 41,402 | |||
| Worthington Industries, Inc. |
1,563 | 23,351 | |||
| Total Metals & Mining | 453,790 | ||||
| Multiline Retail – 1.2% | |||||
| Big Lots, Inc.* |
3,189 | 88,750 | |||
| Dillard’s, Inc. Class A |
3,320 | 39,176 | |||
| Dollar Tree Stores, Inc.* |
2,778 | 101,008 | |||
| Family Dollar Stores, Inc. |
4,560 | 108,072 | |||
| Saks, Inc.* |
444 | 4,107 | |||
| Total Multiline Retail | 341,113 | ||||
| Multi-Utilities – 1.9% | |||||
| Alliant Energy Corp. |
2,090 | 67,319 | |||
| Avista Corp. |
739 | 16,044 | |||
| Black Hills Corp. |
794 | 24,670 | |||
| Integrys Energy Group, Inc. |
818 | 40,851 | |||
| NSTAR |
2,273 | 76,146 | |||
| OGE Energy Corp. |
2,509 | 77,477 | |||
| PNM Resources, Inc. |
1,472 | 15,073 | |||
| Puget Energy, Inc. |
2,295 | 61,277 | |||
| TECO Energy, Inc. |
5,593 | 87,977 | |||
| Vectren Corp. |
1,606 | 44,727 | |||
| Total Multi-Utilities | 511,561 | ||||
| Office Electronics – 0.1% | |||||
| Zebra Technologies Corp. Class A* |
1,351 | 37,625 | |||
| Oil, Gas & Consumable Fuels – 4.2% | |||||
| Alon USA Energy, Inc. |
1,944 | 26,205 | |||
| Alpha Natural Resources, Inc.* |
1,001 | 51,481 | |||
| Arena Resources, Inc.* |
353 | 13,714 | |||
| Atlas America, Inc. |
434 | 14,804 | |||
| Atlas Energy Resources LLC |
1,029 | 26,548 | |||
| Berry Petroleum Co. Class A |
928 | 35,941 | |||
| Bill Barrett Corp.* |
266 | 8,541 | |||
| Carrizo Oil & Gas, Inc.* |
69 | 2,503 | |||
| Cimarex Energy Co. |
2,181 | 106,673 | |||
| CNX Gas Corp.* |
1,611 | 36,070 | |||
| Comstock Resources, Inc.* |
581 | 29,079 | |||
| Crosstex Energy, Inc. |
45 | 1,124 | |||
| Encore Acquisition Co.* |
89 | 3,718 | |||
| Forest Oil Corp.* |
1,197 | 59,371 | |||
| Foundation Coal Holdings, Inc. |
2 | 71 | |||
| Frontier Oil Corp. |
4,368 | 80,459 | |||
| Holly Corp. |
2,313 | 66,892 | |||
| Kinder Morgan Management LLC* |
59 | 2,903 | |||
| Mariner Energy, Inc.* |
2,145 | 43,973 | |||
| Massey Energy Co. |
646 | 23,043 | |||
| Overseas Shipholding Group, Inc. |
1,136 | 66,240 | |||
| Penn Virginia Corp. |
418 | 22,338 | |||
| Penn Virginia GP Holdings LP |
350 | 7,312 | |||
See Notes to Financial Statements.
| 36 | WisdomTree Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree MidCap Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| PetroHawk Energy Corp.* |
1,697 | $ | 36,706 | ||
| Quicksilver Resources, Inc.* |
1,242 | 24,380 | |||
| Southern Union Co. |
3,313 | 68,413 | |||
| St. Mary Land & Exploration Co. |
1,741 | 62,067 | |||
| Swift Energy Co.* |
1,033 | 39,967 | |||
| W&T Offshore, Inc. |
1,657 | 45,220 | |||
| Walter Industries, Inc. |
1,185 | 56,228 | |||
| Western Refining, Inc. |
4,068 | 41,127 | |||
| Whiting Petroleum Corp.* |
702 | 50,025 | |||
| Total Oil, Gas & Consumable Fuels | 1,153,136 | ||||
| Personal Products – 0.6% | |||||
| Alberto-Culver Co. |
1,146 | 31,217 | |||
| Bare Escentuals, Inc.* |
1,172 | 12,740 | |||
| Chattem, Inc.* |
210 | 16,418 | |||
| NBTY, Inc.* |
2,746 | 81,061 | |||
| Nu Skin Enterprises, Inc. Class A |
1,068 | 17,323 | |||
| Total Personal Products | 158,759 | ||||
| Pharmaceuticals – 1.2% | |||||
| Endo Pharmaceuticals Holdings, Inc.* |
2,555 | 51,100 | |||
| King Pharmaceuticals, Inc.* |
7,048 | 67,519 | |||
| KV Pharmaceutical Co. Class A* |
636 | 14,444 | |||
| Medicis Pharmaceutical Corp. Class A |
984 | 14,671 | |||
| Mylan Laboratories, Inc. |
6,754 | 77,130 | |||
| Perrigo Co. |
960 | 36,922 | |||
| Sepracor, Inc.* |
2,818 | 51,598 | |||
| XenoPort, Inc.* |
50 | 2,425 | |||
| Total Pharmaceuticals | 315,809 | ||||
| Professional Services – 0.9% | |||||
| Advisory Board Co. (The)* |
157 | 4,795 | |||
| Corporate Executive Board Co. (The) |
427 | 13,344 | |||
| FTI Consulting, Inc.* |
486 | 35,109 | |||
| Huron Consulting Group, Inc.* |
183 | 10,427 | |||
| Monster Worldwide, Inc.* |
1,495 | 22,290 | |||
| MPS Group, Inc.* |
2,641 | 26,621 | |||
| Robert Half International, Inc. |
4,058 | 100,436 | |||
| Watson Wyatt Worldwide, Inc. Class A |
957 | 47,592 | |||
| Total Professional Services | 260,614 | ||||
| Real Estate Investment Trusts – 3.5% | |||||
| Alexander’s, Inc.* |
5 | 2,000 | |||
| Alexandria Real Estate Equities, Inc. |
224 | 25,200 | |||
| BioMed Realty Trust, Inc. |
795 | 21,028 | |||
| BRE Properties, Inc. |
386 | 18,914 | |||
| CBL & Associates Properties, Inc. |
988 | 19,839 | |||
| Colonial Properties Trust |
5,236 | 97,860 | |||
| Corporate Office Properties Trust |
116 | 4,681 | |||
| Cousins Properties, Inc. |
173 | 4,365 | |||
| DiamondRock Hospitality Co. |
1,159 | 10,547 | |||
| Digital Realty Trust, Inc. |
69 | 3,260 | |||
| Duke Realty Corp. |
1,132 | 27,825 | |||
| Entertainment Properties Trust |
528 | 28,892 | |||
| Equity Lifestyle Properties, Inc. |
150 | 7,955 | |||
| Equity One, Inc. |
733 | 15,019 | |||
| Investments | Shares | Value | |||
| Essex Property Trust, Inc. |
131 | $ | 15,501 | ||
| Federal Realty Investment Trust |
408 | 34,925 | |||
| Franklin Street Properties Corp. |
853 | 11,089 | |||
| Health Care REIT, Inc. |
731 | 38,911 | |||
| Healthcare Realty Trust, Inc. |
269 | 7,841 | |||
| Highwoods Properties, Inc. |
444 | 15,789 | |||
| Home Properties, Inc. |
217 | 12,575 | |||
| Hospitality Properties Trust |
2,147 | 44,056 | |||
| HRPT Properties Trust |
3,278 | 22,585 | |||
| Kilroy Realty Corp. |
218 | 10,418 | |||
| LaSalle Hotel Properties |
310 | 7,229 | |||
| Mack-Cali Realty Corp. |
677 | 22,930 | |||
| Mid-America Apartment Communities, Inc. |
81 | 3,980 | |||
| National Retail Properties, Inc. |
1,250 | 29,938 | |||
| Nationwide Health Properties, Inc. |
1,253 | 45,083 | |||
| Post Properties, Inc. |
776 | 21,705 | |||
| Potlatch Corp. |
702 | 32,566 | |||
| PS Business Parks, Inc. |
116 | 6,682 | |||
| Rayonier, Inc. |
1,461 | 69,178 | |||
| Realty Income Corp. |
1,404 | 35,942 | |||
| Regency Centers Corp. |
758 | 50,551 | |||
| Senior Housing Properties Trust |
1,285 | 30,622 | |||
| Strategic Hotels & Resorts, Inc. |
528 | 3,986 | |||
| Sunstone Hotel Investors, Inc. |
483 | 6,521 | |||
| Tanger Factory Outlet Centers, Inc. |
177 | 7,751 | |||
| Taubman Centers, Inc. |
287 | 14,350 | |||
| Washington Real Estate Investment Trust |
378 | 13,846 | |||
| Weingarten Realty Investors |
1,227 | 43,767 | |||
| Total Real Estate Investment Trusts | 947,702 | ||||
| Real Estate Management & Development – 0.2% | |||||
| Forestar Real Estate Group, Inc.* |
957 | 14,116 | |||
| Jones Lang LaSalle, Inc. |
1,134 | 49,306 | |||
| Total Real Estate Management & Development | 63,422 | ||||
| Road & Rail – 1.7% | |||||
| Amerco, Inc.* |
261 | 10,944 | |||
| Avis Budget Group, Inc.* |
2,202 | 12,639 | |||
| Con-way, Inc. |
1,391 | 61,357 | |||
| Heartland Express, Inc. |
1,709 | 26,524 | |||
| JB Hunt Transport Services, Inc. |
2,817 | 94,003 | |||
| Kansas City Southern* |
1,217 | 53,986 | |||
| Knight Transportation, Inc. |
1,498 | 25,421 | |||
| Landstar System, Inc. |
961 | 42,342 | |||
| Ryder System, Inc. |
1,716 | 106,392 | |||
| Werner Enterprises, Inc. |
1,291 | 28,028 | |||
| Total Road & Rail | 461,636 | ||||
| Semiconductors & Semiconductor Equipment – 1.6% | |||||
| Amkor Technology, Inc.* |
7,807 | 49,731 | |||
| Atheros Communications, Inc.* |
298 | 7,027 | |||
| Cree, Inc.* |
556 | 12,666 | |||
| Cymer, Inc.* |
783 | 19,833 | |||
| Diodes, Inc.* |
660 | 12,177 | |||
| Fairchild Semiconductor International, Inc.* |
1,007 | 8,952 | |||
| FormFactor, Inc.* |
821 | 14,302 | |||
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 37 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree MidCap Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| Hittite Microwave Corp.* |
402 | $ | 13,507 | ||
| International Rectifier Corp.* |
1,379 | 26,229 | |||
| Intersil Corp. Class A |
2,027 | 33,608 | |||
| Microsemi Corp.* |
153 | 3,898 | |||
| Novellus Systems, Inc.* |
2,692 | 52,871 | |||
| ON Semiconductor Corp.* |
11,459 | 77,463 | |||
| RF Micro Devices, Inc.* |
8,345 | 24,367 | |||
| Sigma Designs Inc.* |
114 | 1,621 | |||
| Silicon Laboratories, Inc.* |
273 | 8,381 | |||
| Skyworks Solutions, Inc.* |
2,470 | 20,649 | |||
| Teradyne, Inc.* |
1,690 | 13,199 | |||
| Tessera Technologies, Inc.* |
415 | 6,781 | |||
| Varian Semiconductor Equipment Associates, Inc.* |
1,381 | 34,691 | |||
| Total Semiconductors & Semiconductor Equipment | 441,953 | ||||
| Software – 2.0% | |||||
| Advent Software, Inc.* |
588 | 20,715 | |||
| Ansys, Inc.* |
588 | 22,268 | |||
| Blackbaud, Inc.* |
381 | 7,029 | |||
| Blackboard, Inc.* |
78 | 3,143 | |||
| Cadence Design Systems, Inc.* |
4,455 | 30,116 | |||
| Compuware Corp.* |
5,336 | 51,706 | |||
| Concur Technologies, Inc.* |
51 | 1,951 | |||
| FactSet Research Systems, Inc. |
659 | 34,433 | |||
| Fair Isaac Corp. |
1,022 | 23,557 | |||
| Informatica Corp.* |
956 | 12,418 | |||
| Jack Henry & Associates, Inc. |
1,665 | 33,849 | |||
| Lawson Software, Inc.* |
336 | 2,352 | |||
| Macrovision Solutions Corp.* |
4,416 | 67,918 | |||
| Micros Systems, Inc.* |
820 | 21,861 | |||
| MicroStrategy, Inc. Class A* |
232 | 13,811 | |||
| Net 1 UEPS Technologies, Inc.* |
748 | 16,703 | |||
| Parametric Technology Corp.* |
3,264 | 60,058 | |||
| Progress Software Corp.* |
405 | 10,526 | |||
| Red Hat, Inc.* |
1,282 | 19,320 | |||
| Sybase, Inc.* |
1,377 | 42,164 | |||
| Synopsys, Inc.* |
1,193 | 23,800 | |||
| THQ, Inc.* |
701 | 8,440 | |||
| TIBCO Software, Inc.* |
2,518 | 18,432 | |||
| Total Software | 546,570 | ||||
| Specialty Retail – 4.4% | |||||
| Advance Auto Parts, Inc. |
2,266 | 89,870 | |||
| Aeropostale, Inc.* |
1,617 | 51,922 | |||
| AnnTaylor Stores Corp.* |
1,565 | 32,302 | |||
| AutoNation, Inc.* |
7,239 | 81,366 | |||
| Barnes & Noble, Inc. |
1,540 | 40,163 | |||
| bebe Stores, Inc. |
2,072 | 20,243 | |||
| Chico’s FAS, Inc.* |
5,366 | 29,352 | |||
| Dick’s Sporting Goods, Inc. * |
1,824 | 35,714 | |||
| Foot Locker, Inc. |
4,151 | 67,080 | |||
| Guess?, Inc. |
1,426 | 49,611 | |||
| J Crew Group Inc.* |
840 | 23,999 | |||
| Men’s Wearhouse, Inc. (The) |
2,162 | 45,921 | |||
| Investments | Shares | Value | |||
| Office Depot, Inc.* |
13,642 | $ | 79,396 | ||
| OfficeMax, Inc. |
3,138 | 27,897 | |||
| O’Reilly Automotive, Inc.* |
2,319 | 62,080 | |||
| Pacific Sunwear Of California, Inc.* |
38 | 256 | |||
| Penske Auto Group, Inc. |
2,371 | 27,195 | |||
| PetSmart, Inc. |
2,929 | 72,376 | |||
| RadioShack Corp. |
4,868 | 84,119 | |||
| Ross Stores, Inc. |
3,593 | 132,257 | |||
| Sally Beauty Holdings, Inc.* |
2,255 | 19,393 | |||
| Tractor Supply Co.* |
853 | 35,869 | |||
| Urban Outfitters, Inc.* |
1,896 | 60,426 | |||
| Williams-Sonoma, Inc. |
2,532 | 40,968 | |||
| Total Specialty Retail | 1,209,775 | ||||
| Textiles, Apparel & Luxury Goods – 1.7% | |||||
| Columbia Sportswear Co. |
1,158 | 48,590 | |||
| CROCS, Inc.* |
1,323 | 4,736 | |||
| Deckers Outdoor Corp.* |
129 | 13,426 | |||
| Fossil, Inc.* |
847 | 23,911 | |||
| Hanesbrands, Inc.* |
2,100 | 45,675 | |||
| Iconix Brand Group, Inc.* |
1,049 | 13,721 | |||
| Jones Apparel Group, Inc. |
6,250 | 115,688 | |||
| Liz Claiborne, Inc. |
2,088 | 34,306 | |||
| Phillips-Van Heusen Corp. |
1,596 | 60,504 | |||
| Quiksilver, Inc.* |
2,135 | 12,255 | |||
| Under Armour, Inc. Class A* |
333 | 10,576 | |||
| Warnaco Group Inc. (The) |
825 | 37,364 | |||
| Wolverine World Wide, Inc. |
1,325 | 35,060 | |||
| Total Textiles, Apparel & Luxury Goods | 455,812 | ||||
| Thrifts & Mortgage Finance – 0.6% | |||||
| Astoria Financial Corp. |
2,125 | 44,052 | |||
| Capitol Federal Financial |
339 | 15,028 | |||
| Downey Financial Corp. |
1,204 | 3,371 | |||
| First Niagara Financial Group, Inc. |
2,260 | 35,595 | |||
| Guaranty Financial Group, Inc.* |
916 | 3,618 | |||
| NewAlliance Bancshares, Inc. |
674 | 10,130 | |||
| Northwest Bancorp, Inc. |
539 | 14,844 | |||
| TFS Financial Corp.* |
282 | 3,531 | |||
| Washington Federal, Inc. |
2,314 | 42,693 | |||
| Total Thrifts & Mortgage Finance | 172,862 | ||||
| Tobacco – 0.2% | |||||
| Universal Corp./VA |
766 | 37,603 | |||
| Vector Group Ltd. |
989 | 17,466 | |||
| Total Tobacco | 55,069 | ||||
| Trading Companies & Distributors – 1.2% | |||||
| Applied Industrial Technologies, Inc. |
1,060 | 28,546 | |||
| GATX Corp. |
1,614 | 63,866 | |||
| MSC Industrial Direct Co. Class A |
1,520 | 70,026 | |||
| RSC Holdings, Inc.* |
3,346 | 38,011 | |||
| United Rentals, Inc.* |
4,532 | 69,068 | |||
| WESCO International, Inc.* |
2,269 | 73,016 | |||
| Total Trading Companies & Distributors | 342,533 | ||||
See Notes to Financial Statements.
| 38 | WisdomTree Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree MidCap Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| Water Utilities – 0.1% | |||||
| Aqua America, Inc. |
1,612 | $ | 28,661 | ||
| TOTAL COMMON STOCKS (Cost: $34,614,247) |
27,371,202 | ||||
| RIGHTS* – 0.0% | |||||
| Pharmaceuticals – 0.0% | |||||
| Fresenius Kabi Pharma-CVR, expiring 1/31/09 (Cost: $0) |
1,812 | 1,178 | |||
| TOTAL LONG-TERM INVESTMENTS (Cost: $34,614,247) |
27,372,380 | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.0% | |||||
| MONEY MARKET FUND – 0.0% | |||||
| UBS Private Money Market Fund LLC, 3.01%(a) (Cost: $49)(b) |
49 | 49 | |||
| TOTAL INVESTMENTS IN SECURITIES – 99.7% (Cost: $34,614,296)(c) |
27,372,429 | ||||
| Cash and Other Assets in Excess of Liabilities – 0.3% |
77,984 | ||||
| NET ASSETS – 100.0% | $ | 27,450,413 | |||
| * | Non-income producing security. |
| (a) |
Interest rate shown reflects yield as of September 30, 2008. |
| (b) |
At September 30, 2008, the total market value of the Fund’s securities on loan was $0 and the total market value of the collateral held by the Fund was $49. |
| (c) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 39 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree SmallCap Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| COMMON STOCKS – 99.8% | |||||
| Aerospace & Defense – 0.8% | |||||
| Aerovironment, Inc.* |
658 | $ | 21,023 | ||
| American Science & Engineering, Inc. |
297 | 17,740 | |||
| Applied Signal Technology, Inc. |
264 | 4,588 | |||
| Argon ST, Inc.* |
664 | 15,597 | |||
| Axsys Technologies, Inc.* |
207 | 12,201 | |||
| Astronics Corp.* |
273 | 6,156 | |||
| Cubic Corp. |
679 | 16,697 | |||
| Ducommun, Inc. |
343 | 8,191 | |||
| GenCorp, Inc.* |
2,812 | 18,953 | |||
| Herley Industries, Inc.* |
494 | 8,447 | |||
| Ladish Co., Inc.* |
462 | 9,356 | |||
| LMI Aerospace, Inc.* |
337 | 6,777 | |||
| SIFCO Industries, Inc.* |
626 | 5,008 | |||
| Stanley, Inc.* |
415 | 15,318 | |||
| Taser International, Inc.* |
616 | 4,404 | |||
| Total Aerospace & Defense | 170,456 | ||||
| Air Freight & Logistics – 1.0% | |||||
| Air Transport Services Group, Inc.* |
15,347 | 11,357 | |||
| Atlas Air Worldwide Holdings, Inc.* |
1,234 | 49,743 | |||
| Dynamex, Inc.* |
374 | 10,644 | |||
| Forward Air Corp. |
1,004 | 27,339 | |||
| Hub Group, Inc., Class A* |
1,466 | 55,194 | |||
| Pacer International, Inc. |
2,794 | 46,017 | |||
| Park-Ohio Holdings Corp.* |
682 | 12,201 | |||
| Total Air Freight & Logistics | 212,495 | ||||
| Airlines – 0.7% | |||||
| AirTran Holdings, Inc.* |
4,001 | 9,722 | |||
| Alaska Air Group, Inc.* |
3,372 | 68,755 | |||
| Allegiant Travel Co.* |
562 | 19,850 | |||
| Pinnacle Airlines Corp.* |
3,112 | 12,386 | |||
| Republic Airways Holdings, Inc.* |
2,714 | 27,656 | |||
| Total Airlines | 138,369 | ||||
| Auto Components – 0.6% | |||||
| Amerigon, Inc.* |
244 | 1,606 | |||
| ATC Technology Corp.* |
1,325 | 31,455 | |||
| China Automotive Systems, Inc.* |
682 | 2,858 | |||
| Cooper Tire & Rubber Co. |
2,472 | 21,258 | |||
| Drew Industries, Inc.* |
905 | 15,485 | |||
| Fuel Systems Solutions, Inc.* |
263 | 9,060 | |||
| Modine Manufacturing Co. |
1,440 | 20,851 | |||
| SORL Auto Parts, Inc.* |
988 | 3,498 | |||
| Spartan Motors, Inc. |
1,913 | 6,083 | |||
| Standard Motor Products, Inc. |
1,199 | 7,458 | |||
| Stoneridge, Inc.* |
850 | 9,563 | |||
| Superior Industries International, Inc. |
13 | 249 | |||
| Total Auto Components | 129,424 | ||||
| Automobiles – 0.1% | |||||
| Monaco Coach Corp. |
997 | 1,944 | |||
| Winnebago Industries, Inc. |
1,287 | 16,628 | |||
| Total Automobiles | 18,572 | ||||
| Investments | Shares | Value | |||
| Beverages – 0.3% | |||||
| Boston Beer Co., Inc. Class A* |
375 | $ | 17,809 | ||
| Coca-Cola Bottling Co. Consolidated |
384 | 16,765 | |||
| MGP Ingredients, Inc. |
872 | 2,476 | |||
| National Beverage Corp.* |
1,742 | 15,452 | |||
| Total Beverages | 52,502 | ||||
| Biotechnology – 0.4% | |||||
| BioSante Pharmaceuticals, Inc.* |
653 | 3,193 | |||
| Emergent Biosolutions, Inc.* |
3,100 | 40,579 | |||
| Martek Biosciences Corp.* |
318 | 9,992 | |||
| Omrix Biopharmaceuticals, Inc.* |
315 | 5,651 | |||
| Repligen Corp.* |
1,531 | 7,211 | |||
| Trimeris, Inc.* |
2,600 | 10,192 | |||
| Total Biotechnology | 76,818 | ||||
| Building Products – 1.2% | |||||
| AAON, Inc. |
805 | 14,643 | |||
| American Woodmark Corp. |
903 | 20,272 | |||
| Ameron International Corp. |
413 | 29,591 | |||
| Apogee Enterprises, Inc. |
1,449 | 21,778 | |||
| Builders FirstSource, Inc.* |
528 | 3,163 | |||
| Gibraltar Industries, Inc. |
1,550 | 29,001 | |||
| Griffon Corp.* |
1,261 | 11,374 | |||
| Insteel Industries, Inc. |
1,458 | 19,814 | |||
| NCI Buildings Systems, Inc.* |
1,795 | 56,992 | |||
| PGT, Inc.* |
453 | 1,373 | |||
| Universal Forest Products, Inc. |
921 | 32,152 | |||
| Total Building Products | 240,153 | ||||
| Capital Markets – 1.8% | |||||
| Ares Capital Corp. |
4,363 | 45,505 | |||
| Blackrock Kelso Capital Corp. |
2,177 | 25,101 | |||
| Calamos Asset Management, Inc. Class A |
638 | 11,433 | |||
| Cowen Group, Inc.* |
416 | 3,557 | |||
| Epoch Holding Corp. |
176 | 1,857 | |||
| FBR Capital Markets Corp.* |
3,091 | 20,030 | |||
| Hercules Technology Growth Capital, Inc. |
1,505 | 14,599 | |||
| KBW, Inc.* |
1,338 | 44,073 | |||
| Ladenburg Thalmann Financial Services, Inc.* |
905 | 1,629 | |||
| MCG Capital Corp. |
6,772 | 17,743 | |||
| Patriot Capital Funding, Inc. |
1,305 | 8,313 | |||
| Penson Worldwide, Inc.* |
1,212 | 16,810 | |||
| Piper Jaffray Cos., Inc.* |
852 | 36,849 | |||
| Prospect Capital Corp. |
1,144 | 14,655 | |||
| Sanders Morris Harris Group, Inc. |
275 | 2,379 | |||
| Stifel Financial Corp.* |
561 | 27,994 | |||
| SWS Group, Inc. |
1,826 | 36,812 | |||
| Thomas Weisel Partners Group Inc* |
999 | 8,422 | |||
| TICC Capital Corp. |
1,366 | 7,021 | |||
| TradeStation Group, Inc.* |
1,777 | 16,615 | |||
| U.S. Global Investors, Inc., Class A |
495 | 4,975 | |||
| Westwood Holdings Group, Inc. |
101 | 4,787 | |||
| Total Capital Markets | 371,159 | ||||
See Notes to Financial Statements.
| 40 | WisdomTree Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree SmallCap Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| Chemicals – 1.4% | |||||
| American Vanguard Corp. |
700 | $ | 10,556 | ||
| Arch Chemicals, Inc. |
646 | 22,804 | |||
| Balchem Corp. |
518 | 13,815 | |||
| Calgon Carbon Corp.* |
321 | 6,536 | |||
| Ferro Corp. |
492 | 9,889 | |||
| Flotek Industries, Inc.* |
326 | 3,586 | |||
| GenTek, Inc.* |
113 | 2,905 | |||
| ICO, Inc.* |
1,371 | 7,691 | |||
| Innospec, Inc. |
329 | 3,968 | |||
| KMG Chemicals, Inc. |
392 | 2,736 | |||
| Koppers Holdings, Inc. |
890 | 33,295 | |||
| Landec Corp.* |
839 | 6,871 | |||
| LSB Industries, Inc.* |
1,234 | 17,091 | |||
| NewMarket Corp. |
711 | 37,369 | |||
| Penford Corp. |
352 | 6,227 | |||
| PolyOne Corp.* |
3,658 | 23,594 | |||
| Quaker Chemical Corp. |
469 | 13,348 | |||
| Schulman A., Inc. |
730 | 14,439 | |||
| ShengdaTech, Inc.* |
1,390 | 9,730 | |||
| Spartech Corp. |
2,433 | 24,087 | |||
| Stepan Co. |
242 | 13,206 | |||
| Total Chemicals | 283,743 | ||||
| Commercial Banks – 12.9% | |||||
| 1st Source Corp. |
1,161 | 27,284 | |||
| AMCORE Financial, Inc. |
1,012 | 9,361 | |||
| AmericanWest Bancorp |
599 | 791 | |||
| Ameris Bancorp |
722 | 10,722 | |||
| Arrow Financial Corp. |
513 | 15,087 | |||
| BancFirst Corp. |
885 | 42,772 | |||
| Bancorp Rhode Island, Inc. |
176 | 5,060 | |||
| Bancorp, Inc. (The)* |
763 | 3,815 | |||
| BancTrust Financial Group, Inc. |
448 | 5,878 | |||
| Bank of Granite Corp. |
839 | 1,955 | |||
| Bank of the Ozarks, Inc. |
788 | 21,276 | |||
| Banner Corp. |
802 | 9,632 | |||
| Boston Private Financial Holdings, Inc. |
1,531 | 13,381 | |||
| Cadence Financial Corp. |
549 | 5,089 | |||
| Camden National Corp. |
504 | 17,615 | |||
| Capital City Bank Group, Inc. |
752 | 23,575 | |||
| Capital Corp. of the West |
429 | 1,699 | |||
| Capitol Bancorp Ltd. |
1,084 | 21,127 | |||
| Cardinal Financial Corp. |
473 | 3,822 | |||
| Cascade Bancorp |
1,847 | 16,420 | |||
| Center Bancorp, Inc. |
315 | 3,194 | |||
| Center Financial Corp. |
1,388 | 17,725 | |||
| Central Pacific Financial Corp. |
2,575 | 43,286 | |||
| Chemical Financial Corp. |
1,068 | 33,258 | |||
| Citizens Republic Bankcorp, Inc. |
3,701 | 11,399 | |||
| City Bank (Lynnwood WA) |
1,235 | 19,266 | |||
| City Holding Co. |
1,062 | 44,870 | |||
| CoBiz, Inc. |
1,048 | 12,586 | |||
| Columbia Bancorp |
572 | 3,483 | |||
| Investments | Shares | Value | |||
| Columbia Banking System, Inc. |
752 | $ | 13,333 | ||
| Community Bancorp* |
944 | 6,004 | |||
| Community Bank System, Inc. |
1,349 | 33,927 | |||
| Community Trust Bancorp, Inc. |
976 | 33,574 | |||
| CVB Financial Corp. |
4,218 | 58,629 | |||
| Enterprise Financial Services Corp. |
515 | 11,618 | |||
| First Bancorp |
779 | 13,321 | |||
| First Bancorp (Puerto Rico) |
4,025 | 44,517 | |||
| First Busey Corp. |
1,144 | 20,970 | |||
| First Commonwealth Financial Corp. |
3,097 | 41,717 | |||
| First Community Bancshares, Inc. |
627 | 23,525 | |||
| First Financial Bancorp |
947 | 13,826 | |||
| First Financial Bankshares, Inc. |
865 | 44,876 | |||
| First Financial Corp. |
616 | 28,940 | |||
| First Merchants Corp. |
964 | 21,979 | |||
| First Regional Bancorp* |
1,279 | 7,994 | |||
| First South Bancorp, Inc. |
473 | 8,169 | |||
| First State Bancorp |
1,329 | 7,097 | |||
| FNB Corp./PA |
4,321 | 69,049 | |||
| Frontier Financial Corp. |
2,705 | 36,328 | |||
| Gateway Financial Holdings, Inc. |
528 | 2,825 | |||
| Glacier Bancorp, Inc. |
2,406 | 59,596 | |||
| Great Southern Bancorp, Inc. |
955 | 12,176 | |||
| Green Bancshares, Inc. |
693 | 16,292 | |||
| Guaranty Bancorp* |
667 | 4,069 | |||
| Hanmi Financial Corp. |
4,743 | 23,952 | |||
| Harleysville National Corp. |
1,210 | 20,546 | |||
| Heartland Financial USA, Inc. |
956 | 23,957 | |||
| Heritage Commerce Corp. |
572 | 8,706 | |||
| Home Bancshares, Inc. |
635 | 16,427 | |||
| Horizon Financial Corp. |
783 | 7,110 | |||
| IBERIABANK Corp. |
609 | 32,186 | |||
| Independent Bank Corp./MI |
890 | 5,509 | |||
| Independent Bank Corp./MA |
779 | 24,281 | |||
| Integra Bank Corp. |
1,013 | 8,084 | |||
| Intervest Bancshares Corp. Class A* |
982 | 7,493 | |||
| Irwin Financial Corp. |
730 | 2,884 | |||
| Lakeland Bancorp, Inc. |
1,004 | 11,737 | |||
| Lakeland Financial Corp. |
660 | 14,494 | |||
| Macatawa Bank Corp. |
1,432 | 10,010 | |||
| MainSource Financial Group, Inc. |
997 | 19,541 | |||
| Mercantile Bank Corp. |
626 | 4,995 | |||
| MetroCorp Bancshares, Inc. |
649 | 8,194 | |||
| Midwest Banc Holdings, Inc. |
935 | 3,740 | |||
| Nara Bancorp, Inc. |
2,041 | 22,859 | |||
| National Penn Bancshares, Inc. |
3,564 | 52,033 | |||
| NBT Bancorp, Inc. |
1,705 | 51,013 | |||
| North Valley Bancorp |
436 | 2,599 | |||
| Old National Bancorp |
3,376 | 67,587 | |||
| Old Second Bancorp, Inc. |
642 | 11,890 | |||
| Oriental Financial Group |
152 | 2,715 | |||
| Pacific Capital Bancorp |
3,193 | 64,977 | |||
| Park National Corp. |
950 | 74,099 | |||
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 41 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree SmallCap Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| Peoples Bancorp, Inc. |
581 | $ | 12,648 | ||
| Pinnacle Financial Partners, Inc.* |
539 | 16,601 | |||
| Preferred Bank |
703 | 7,881 | |||
| PrivateBancorp, Inc. |
768 | 31,995 | |||
| Provident Bankshares Corp. |
1,881 | 18,265 | |||
| Renasant Corp. |
887 | 19,257 | |||
| Republic Bancorp, Inc. Class A |
1,054 | 31,957 | |||
| Royal Bancshares of Pennsylvania, Class A |
1,019 | 5,676 | |||
| S&T Bancorp, Inc. |
1,370 | 50,456 | |||
| Sandy Spring Bancorp, Inc. |
780 | 17,238 | |||
| Santander BanCorp |
2,967 | 32,044 | |||
| SCBT Financial Corp. |
441 | 16,582 | |||
| Seacoast Banking Corp. of Florida |
761 | 8,166 | |||
| Security Bank Corp. |
1,792 | 7,437 | |||
| Sierra Bancorp |
572 | 11,932 | |||
| Signature Bank* |
830 | 28,950 | |||
| Simmons First National Corp. Class A |
783 | 27,875 | |||
| Southside Bancshares, Inc. |
610 | 15,372 | |||
| Southwest Bancorp, Inc. |
934 | 16,504 | |||
| StellarOne Corp. |
733 | 15,151 | |||
| Sterling Bancorp |
800 | 11,568 | |||
| Sterling Bancshares, Inc. |
3,240 | 33,858 | |||
| Sterling Financial Corp./WA |
3,959 | 57,405 | |||
| Suffolk Bancorp |
492 | 19,390 | |||
| Sun Bancorp, Inc.* |
914 | 12,385 | |||
| Superior Bancorp* |
261 | 2,205 | |||
| SY Bancorp, Inc. |
757 | 23,179 | |||
| Taylor Capital Group, Inc. |
1,076 | 12,901 | |||
| Temecula Valley Bancorp, Inc. |
922 | 5,025 | |||
| Texas Capital Bancshares, Inc.* |
1,216 | 25,244 | |||
| Tompkins Trustco, Inc. |
485 | 24,493 | |||
| Trico Bancshares |
887 | 19,097 | |||
| Umpqua Holdings Corp. |
3,708 | 54,544 | |||
| Union Bankshares Corp. |
754 | 18,096 | |||
| United Community Banks, Inc. |
3,077 | 40,801 | |||
| United Security Bancshares |
549 | 8,982 | |||
| Univest Corp. of Pennsylvania |
903 | 33,411 | |||
| Vineyard National Bancorp |
1,520 | 1,900 | |||
| Virginia Commerce Bancorp* |
1,714 | 10,713 | |||
| W Holding Co., Inc. |
27,855 | 15,042 | |||
| Washington Trust Bancorp, Inc. |
708 | 18,833 | |||
| WesBanco, Inc. |
1,403 | 37,348 | |||
| West Coast Bancorp |
1,108 | 16,243 | |||
| Western Alliance Bancorp* |
1,411 | 21,814 | |||
| Wilshire Bancorp, Inc. |
2,766 | 33,662 | |||
| Wintrust Financial Corp. |
1,153 | 33,841 | |||
| Total Commercial Banks | 2,667,364 | ||||
| Commercial Services & Supplies – 3.1% | |||||
| ABM Industries, Inc. |
1,872 | 40,884 | |||
| ACCO Brands Corp.* |
449 | 3,385 | |||
| American Ecology Corp. |
550 | 15,219 | |||
| American Reprographics Co.* |
2,771 | 47,800 | |||
| Amrep Corp.* |
900 | 38,169 | |||
| Investments | Shares | Value | |||
| Bowne & Co., Inc. |
1,103 | $ | 12,740 | ||
| Ceco Environmental Corp.* |
346 | 1,370 | |||
| Clean Harbors, Inc.* |
496 | 33,505 | |||
| Comfort Systems USA, Inc. |
1,826 | 24,395 | |||
| Consolidated Graphics, Inc.* |
884 | 26,812 | |||
| Cornell Cos, Inc.* |
342 | 9,296 | |||
| Courier Corp. |
538 | 10,954 | |||
| Ennis, Inc. |
1,803 | 27,874 | |||
| Fuel-Tech, Inc.* |
101 | 1,827 | |||
| G&K Services, Inc. Class A |
861 | 28,456 | |||
| GeoEye, Inc.* |
392 | 8,675 | |||
| Healthcare Services Group, Inc. |
1,040 | 19,022 | |||
| Innerworkings, Inc.* |
539 | 5,978 | |||
| Interface, Inc. Class A |
2,045 | 23,252 | |||
| Kimball International, Inc. Class B |
1,199 | 12,949 | |||
| Knoll, Inc. |
2,889 | 43,682 | |||
| McGrath Rentcorp |
1,232 | 35,506 | |||
| Metalico, Inc.* |
975 | 5,753 | |||
| Mobile Mini, Inc.* |
1,751 | 33,847 | |||
| Multi-Color Corp. |
321 | 7,669 | |||
| PeopleSupport, Inc.* |
887 | 10,369 | |||
| Schawk, Inc. |
1,378 | 20,835 | |||
| Standard Parking Corp.* |
1,035 | 22,998 | |||
| Standard Register Co. (The) |
531 | 5,230 | |||
| SYKES Enterprises, Inc.* |
919 | 20,181 | |||
| Team, Inc.* |
346 | 12,498 | |||
| Viad Corp. |
745 | 21,449 | |||
| WCA Waste Corp.* |
65 | 305 | |||
| Total Commercial Services & Supplies | 632,884 | ||||
| Communications Equipment – 1.0% | |||||
| Acme Packet, Inc.* |
1,404 | 8,045 | |||
| Anaren Microwave, Inc.* |
649 | 6,587 | |||
| Bel Fuse, Inc. Class B |
449 | 12,783 | |||
| Black Box Corp. |
763 | 26,346 | |||
| Cogo Group, Inc.* |
711 | 3,747 | |||
| Digi International, Inc.* |
877 | 8,945 | |||
| DG Fastchannel, Inc.* |
346 | 7,584 | |||
| EMS Technologies, Inc.* |
440 | 9,816 | |||
| Globecomm Systems, Inc.* |
638 | 5,576 | |||
| Harmonic, Inc.* |
1,360 | 11,492 | |||
| Hughes Communications, Inc.* |
429 | 15,744 | |||
| InterDigital, Inc.* |
1,578 | 37,951 | |||
| Ixia* |
461 | 3,398 | |||
| KVH Industries, Inc.* |
231 | 2,123 | |||
| Oplink Communications, Inc.* |
690 | 8,328 | |||
| Opnext, Inc.* |
1,488 | 6,830 | |||
| PC-Tel, Inc.* |
249 | 2,321 | |||
| Symmetricom, Inc.* |
383 | 1,904 | |||
| Tekelec* |
1,076 | 15,053 | |||
| Tollgrade Communications, Inc.* |
304 | 1,277 | |||
| Viasat, Inc.* |
638 | 15,044 | |||
| Total Communications Equipment | 210,894 | ||||
See Notes to Financial Statements.
| 42 | WisdomTree Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree SmallCap Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| Computers & Peripherals – 0.7% | |||||
| Cray, Inc.* |
772 | $ | 3,999 | ||
| Hutchinson Technology, Inc.* |
187 | 2,165 | |||
| Imation Corp. |
1,414 | 31,943 | |||
| Immersion Corp.* |
1,739 | 10,121 | |||
| Intevac, Inc.* |
2,442 | 25,983 | |||
| Novatel Wireless, Inc.* |
1,332 | 8,072 | |||
| Palm, Inc.* |
5,070 | 30,268 | |||
| Presstek, Inc.* |
357 | 2,013 | |||
| Rimage Corp.* |
383 | 5,347 | |||
| STEC, Inc.* |
1,349 | 10,387 | |||
| Stratasys, Inc.* |
375 | 6,551 | |||
| Super Micro Computer, Inc.* |
1,699 | 15,308 | |||
| Total Computers & Peripherals | 152,157 | ||||
| Construction & Engineering – 0.4% | |||||
| Furmanite Corp.* |
123 | 1,272 | |||
| Great Lakes Dredge & Dock Corp. |
43 | 271 | |||
| Insituform Technologies, Inc. Class A* |
221 | 3,306 | |||
| Layne Christensen Co.* |
470 | 16,652 | |||
| Mastec, Inc.* |
88 | 1,170 | |||
| Michael Baker Corp.* |
474 | 16,495 | |||
| Northwest Pipe Co.* |
440 | 19,193 | |||
| Pike Electric Corp.* |
1,015 | 14,951 | |||
| Sterling Construction Co., Inc.* |
368 | 5,962 | |||
| Total Construction & Engineering | 79,272 | ||||
| Construction Materials – 0.1% | |||||
| Headwaters, Inc.* |
1,140 | 15,219 | |||
| U.S. Concrete, Inc. * |
2,911 | 13,012 | |||
| Total Construction Materials | 28,231 | ||||
| Consumer Finance – 1.5% | |||||
| Advance America Cash Advance Centers, Inc. |
4,692 | 14,029 | |||
| Advanta Corp. Class B |
7,355 | 60,531 | |||
| Cash America International, Inc. |
1,665 | 60,007 | |||
| CompuCredit Corp.* |
2,803 | 10,988 | |||
| Credit Acceptance Corp.* |
2,380 | 40,460 | |||
| Ezcorp, Inc. Class A* |
2,273 | 42,732 | |||
| First Cash Financial Services, Inc.* |
1,942 | 29,130 | |||
| Nelnet, Inc. Class A |
478 | 6,788 | |||
| QC Holdings, Inc. |
996 | 6,813 | |||
| World Acceptance Corp.* |
1,252 | 45,072 | |||
| Total Consumer Finance | 316,550 | ||||
| Containers & Packaging – 0.6% | |||||
| AEP Industries, Inc.* |
717 | 14,340 | |||
| Myers Industries, Inc. |
1,409 | 17,767 | |||
| Rock-Tenn Co. Class A |
2,347 | 93,834 | |||
| Total Containers & Packaging | 125,941 | ||||
| Distributors – 0.1% | |||||
| Audiovox Corp. Class A* |
330 | 3,092 | |||
| Core-Mark Holding Co., Inc.* |
668 | 16,694 | |||
| Total Distributors | 19,786 | ||||
| Investments | Shares | Value | |||
| Diversified Consumer Services – 0.6% | |||||
| Carriage Services, Inc.* |
458 | $ | 1,603 | ||
| Coinstar, Inc.* |
471 | 15,072 | |||
| CPI Corp. |
310 | 3,333 | |||
| Jackson Hewitt Tax Service, Inc. |
1,298 | 19,911 | |||
| Learning Tree International, Inc.* |
134 | 1,668 | |||
| Lincoln Educational Services Corp.* |
678 | 8,970 | |||
| Pre-Paid Legal Services, Inc.* |
730 | 30,120 | |||
| Stewart Enterprises, Inc. Class A |
3,755 | 29,514 | |||
| Universal Technical Institute, Inc.* |
829 | 14,143 | |||
| Total Diversified Consumer Services | 124,334 | ||||
| Diversified Financial Services – 0.9% | |||||
| Asset Acceptance Capital Corp. |
1,676 | 17,665 | |||
| Asta Funding, Inc. |
1,366 | 9,576 | |||
| Encore Capital Group, Inc.* |
1,336 | 18,303 | |||
| Financial Federal Corp. |
1,764 | 40,431 | |||
| Life Partners Holdings, Inc. |
309 | 11,115 | |||
| MarketAxess Holdings, Inc.* |
720 | 5,810 | |||
| Marlin Business Services Corp.* |
1,144 | 9,701 | |||
| Medallion Financial Corp. |
1,232 | 12,899 | |||
| PICO Holdings, Inc.* |
173 | 6,212 | |||
| Portfolio Recovery Associates, Inc.* |
922 | 44,837 | |||
| Resource America, Inc. Class A |
839 | 7,971 | |||
| Total Diversified Financial Services | 184,520 | ||||
| Diversified Telecommunication Services – 0.7% | |||||
| Alaska Communications Systems Group, Inc. |
1,415 | 17,305 | |||
| Atlantic Tele-Network, Inc. |
667 | 18,676 | |||
| Consolidated Communications Holdings, Inc. |
939 | 14,160 | |||
| D&E Communications, Inc. |
856 | 6,463 | |||
| General Communication, Inc. Class A* |
876 | 8,112 | |||
| Iowa Telecommunications Services, Inc. |
1,177 | 21,986 | |||
| NTELOS Holdings Corp. |
889 | 23,906 | |||
| Premiere Global Services, Inc.* |
1,455 | 20,457 | |||
| Shenandoah Telecom Co. |
493 | 10,881 | |||
| SureWest Communications |
175 | 1,785 | |||
| Total Diversified Telecommunication Services | 143,731 | ||||
| Electric Utilities – 0.7% | |||||
| Central Vermont Public Service Corp. |
416 | 9,751 | |||
| Empire District Electric Co. (The) |
1,371 | 29,271 | |||
| MGE Energy, Inc. |
999 | 35,514 | |||
| UIL Holdings Corp. |
855 | 29,352 | |||
| UniSource Energy Corp. |
1,261 | 36,809 | |||
| Total Electric Utilities | 140,697 | ||||
| Electrical Equipment – 1.1% | |||||
| A.O. Smith Corp. |
1,873 | 73,403 | |||
| Advanced Battery Technologies, Inc.* |
1,684 | 5,439 | |||
| AZZ, Inc.* |
623 | 25,774 | |||
| BTU International, Inc.* |
123 | 1,082 | |||
| Coleman Cable, Inc.* |
1,202 | 12,056 | |||
| Encore Wire Corp. |
1,738 | 31,475 | |||
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 43 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree SmallCap Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| Franklin Electric Co., Inc. |
764 | $ | 34,036 | ||
| Harbin Electric, Inc.* |
582 | 6,897 | |||
| II-VI, Inc.* |
828 | 32,010 | |||
| LSI Industries Inc. |
722 | 5,971 | |||
| Powell Industries, Inc.* |
123 | 5,020 | |||
| Total Electrical Equipment | 233,163 | ||||
| Electronic Equipment & Instruments – 2.4% | |||||
| Checkpoint Systems, Inc.* |
1,677 | 31,561 | |||
| Cogent, Inc.* |
2,318 | 23,690 | |||
| Cognex Corp. |
867 | 17,479 | |||
| CPI International, Inc.* |
1,069 | 15,479 | |||
| CTS Corp. |
1,243 | 15,886 | |||
| Daktronics, Inc. |
750 | 12,495 | |||
| DTS, Inc.* |
18 | 501 | |||
| Electro Rent Corp. |
1,029 | 13,819 | |||
| Electro Scientific Industries, Inc.* |
615 | 8,745 | |||
| FARO Technologies, Inc.* |
421 | 8,576 | |||
| Gerber Scientific, Inc.* |
1,125 | 10,283 | |||
| Insight Enterprises, Inc.* |
2,765 | 37,078 | |||
| IPG Photonics Corp.* |
788 | 15,374 | |||
| Kemet Corp.* |
1,704 | 2,317 | |||
| Littelfuse, Inc.* |
671 | 19,949 | |||
| LoJack Corp.* |
872 | 5,834 | |||
| Measurement Specialties, Inc.* |
395 | 6,889 | |||
| Methode Electronics, Inc. |
1,506 | 13,464 | |||
| MTS Systems Corp. |
693 | 29,175 | |||
| Multi-Fineline Electronix, Inc.* |
122 | 1,804 | |||
| Newport Corp.* |
1,785 | 19,242 | |||
| NU Horizons Electronics Corp.* |
872 | 3,488 | |||
| Park Electrochemical Corp. |
967 | 23,440 | |||
| PC Connection, Inc.* |
1,184 | 7,921 | |||
| PC Mall, Inc.* |
678 | 4,631 | |||
| Rogers Corp.* |
412 | 15,236 | |||
| Scansource, Inc.* |
978 | 28,157 | |||
| Spectrum Control, Inc. |
441 | 3,294 | |||
| SYNNEX Corp.* |
2,206 | 49,281 | |||
| Technitrol, Inc. |
1,520 | 22,481 | |||
| TTM Technologies, Inc.* |
1,754 | 17,400 | |||
| Zygo Corp.* |
638 | 8,026 | |||
| Total Electronic Equipment & Instruments | 492,995 | ||||
| Energy Equipment & Services – 5.0% | |||||
| Allis-Chalmers Energy, Inc.* |
2,243 | 28,374 | |||
| Basic Energy Services, Inc.* |
3,294 | 70,162 | |||
| Bolt Technology Corp.* |
425 | 6,150 | |||
| Bronco Drilling Co., Inc.* |
2,265 | 23,148 | |||
| Cal Dive International, Inc.* |
6,045 | 64,077 | |||
| CARBO Ceramics, Inc. |
1,048 | 54,087 | |||
| Dawson Geophysical Co.* |
282 | 13,167 | |||
| ENGlobal Corp.* |
343 | 4,552 | |||
| Grey Wolf, Inc.* |
24,392 | 189,771 | |||
| Gulf Island Fabrication, Inc. |
611 | 21,061 | |||
| Gulfmark Offshore, Inc.* |
1,626 | 72,975 | |||
| Investments | Shares | Value | |||
| Hornbeck Offshore Services, Inc.* |
1,404 | $ | 54,222 | ||
| Lufkin Industries, Inc. |
902 | 71,574 | |||
| Matrix Service Co.* |
750 | 14,325 | |||
| Mitcham Industries, Inc.* |
365 | 3,683 | |||
| NATCO Group, Inc. Class A* |
546 | 21,938 | |||
| Natural Gas Services Group, Inc.* |
383 | 6,691 | |||
| Newpark Resources* |
2,179 | 15,907 | |||
| OYO Geospace Corp.* |
188 | 7,385 | |||
| Parker Drilling Co.* |
8,272 | 66,341 | |||
| PHI, Inc.* |
9 | 332 | |||
| Pioneer Drilling Co.* |
4,018 | 53,439 | |||
| RPC, Inc. |
5,740 | 80,704 | |||
| Superior Well Services, Inc.* |
1,444 | 36,548 | |||
| T-3 Energy Services, Inc.* |
315 | 11,693 | |||
| TGC Industries, Inc.* |
590 | 3,103 | |||
| Trico Marine Services, Inc.* |
1,034 | 17,661 | |||
| Union Drilling, Inc.* |
1,631 | 17,272 | |||
| Total Energy Equipment & Services | 1,030,342 | ||||
| Food & Staples Retailing – 1.0% | |||||
| Andersons, Inc. (The) |
850 | 29,937 | |||
| Ingles Markets, Inc. Class A |
1,092 | 24,930 | |||
| Nash Finch Co. |
154 | 6,640 | |||
| Pantry, Inc. (The)* |
1,135 | 24,051 | |||
| Pricesmart, Inc. |
370 | 6,194 | |||
| Spartan Stores, Inc. |
1,012 | 25,179 | |||
| Susser Holdings Corp.* |
20 | 301 | |||
| Weis Markets, Inc. |
952 | 34,282 | |||
| Winn-Dixie Stores, Inc.* |
3,189 | 44,327 | |||
| Total Food & Staples Retailing | 195,841 | ||||
| Food Products – 1.3% | |||||
| American Dairy, Inc.* |
1,002 | 10,150 | |||
| B&G Foods, Inc. Class A |
1,013 | 7,243 | |||
| Cal-Maine Foods, Inc. |
1,688 | 46,319 | |||
| Darling International, Inc.* |
2,188 | 24,309 | |||
| Diamond Foods, Inc. |
293 | 8,213 | |||
| Farmer Bros. Co. |
99 | 2,462 | |||
| Green Mountain Coffee Roasters, Inc.* |
174 | 6,845 | |||
| Imperial Sugar Co. |
1,724 | 23,343 | |||
| J&J Snack Foods Corp. |
776 | 26,314 | |||
| Lance, Inc. |
922 | 20,920 | |||
| Lifeway Foods, Inc.* |
238 | 2,785 | |||
| Omega Protein Corp.* |
227 | 2,670 | |||
| Reddy Ice Holdings, Inc. |
282 | 1,029 | |||
| Sanderson Farms, Inc. |
1,393 | 51,179 | |||
| TreeHouse Foods, Inc.* |
1,442 | 42,827 | |||
| Total Food Products | 276,608 | ||||
| Gas Utilities – 0.5% | |||||
| Chesapeake Utilities Corp. |
336 | 11,159 | |||
| EnergySouth, Inc. |
172 | 10,566 | |||
| Laclede Group, Inc. (The) |
713 | 34,573 | |||
| South Jersey Industries, Inc. |
1,318 | 47,052 | |||
| Total Gas Utilities | 103,350 | ||||
See Notes to Financial Statements.
| 44 | WisdomTree Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree SmallCap Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| Health Care Equipment & Supplies – 1.7% | |||||
| Abaxis, Inc.* |
240 | $ | 4,728 | ||
| American Medical Systems Holdings, Inc.* |
1,415 | 25,131 | |||
| Analogic Corp. |
131 | 6,519 | |||
| Anika Therapeutics, Inc.* |
266 | 1,923 | |||
| Aspect Medical Systems, Inc.* |
1,509 | 7,847 | |||
| Cantel Medical Corporation* |
315 | 3,030 | |||
| Cardiac Science Corp.* |
381 | 3,947 | |||
| Conmed Corp.* |
963 | 30,817 | |||
| Cryolife, Inc.* |
264 | 3,464 | |||
| Cutera, Inc.* |
656 | 6,960 | |||
| Cynosure, Inc. Class A* |
244 | 4,377 | |||
| Datascope Corp. |
440 | 22,718 | |||
| Greatbatch, Inc.* |
362 | 8,883 | |||
| Home Diagnostics, Inc.* |
936 | 9,060 | |||
| ICU Medical, Inc.* |
363 | 11,039 | |||
| Integra Lifesciences Holdings Corp.* |
515 | 22,676 | |||
| IRIS International, Inc.* |
262 | 4,690 | |||
| Kensy Nash Corp.* |
57 | 1,793 | |||
| Medical Action Industries, Inc.* |
491 | 6,447 | |||
| Merit Medical Systems, Inc.* |
656 | 12,313 | |||
| Natus Medical, Inc.* |
306 | 6,934 | |||
| Neogen Corp.* |
252 | 7,101 | |||
| Neurometrix, Inc.* |
220 | 209 | |||
| OraSure Technologies, Inc.* |
199 | 979 | |||
| Osteotech, Inc.* |
286 | 1,218 | |||
| Palomar Medical Technologies, Inc.* |
1,343 | 18,077 | |||
| Quidel Corp.* |
843 | 13,834 | |||
| Rochester Medical Corp.* |
163 | 2,161 | |||
| Somanetics Corp.* |
417 | 9,120 | |||
| SonoSite, Inc.* |
176 | 5,526 | |||
| Spectranetics Corp.* |
308 | 1,426 | |||
| SurModics, Inc.* |
51 | 1,606 | |||
| Symmetry Medical, Inc.* |
660 | 12,250 | |||
| Synovis Life Technologies, Inc.* |
88 | 1,656 | |||
| Theragenics Corp. |
1,508 | 4,705 | |||
| Thermage, Inc.* |
361 | 1,238 | |||
| Thoratec Corp.* |
140 | 3,675 | |||
| TomoTherapy Inc |
535 | 2,450 | |||
| Vital Signs, Inc. |
467 | 34,512 | |||
| Wright Medical Group, Inc.* |
101 | 3,074 | |||
| Young Innovations, Inc. |
386 | 7,789 | |||
| Zoll Medical Corp.* |
445 | 14,560 | |||
| Total Health Care Equipment & Supplies | 352,462 | ||||
| Health Care Providers & Services – 3.8% | |||||
| Air Methods Corp.* |
341 | 9,654 | |||
| Alliance Imaging, Inc.* |
1,399 | 14,368 | |||
| Almost Family, Inc.* |
862 | 34,092 | |||
| Amedisys, Inc.* |
911 | 44,338 | |||
| American Dental Partners, Inc.* |
1,896 | 22,183 | |||
| AMN Healthcare Services, Inc.* |
1,530 | 26,882 | |||
| Amsurg Corp.* |
1,118 | 28,475 | |||
| Animal Health International, Inc.* |
405 | 3,337 | |||
| Investments | Shares | Value | |||
| Apria Healthcare Group, Inc.* |
2,509 | $ | 45,764 | ||
| Assisted Living Concepts, Inc. Class A* |
1,393 | 8,873 | |||
| Bio-Reference Labs, Inc.* |
271 | 7,832 | |||
| Capital Senior Living Corp.* |
194 | 1,474 | |||
| Centene Corp.* |
2,232 | 45,777 | |||
| Chindex International, Inc.* |
117 | 1,271 | |||
| Corvel Corp.* |
594 | 16,994 | |||
| Cross Country Healthcare, Inc.* |
1,565 | 25,494 | |||
| Emergency Medical Services Corp. Class A* |
1,278 | 38,187 | |||
| Gentiva Health Services, Inc.* |
1,125 | 30,308 | |||
| Hanger Orthopedic Group, Inc.* |
1,018 | 17,764 | |||
| Health Grades, Inc.* |
450 | 1,278 | |||
| HealthExtras, Inc.* |
993 | 25,937 | |||
| Healthspring, Inc.* |
3,049 | 64,516 | |||
| HMS Holdings Corp.* |
283 | 6,781 | |||
| inVentiv Health, Inc.* |
1,063 | 18,773 | |||
| Kindred Healthcare, Inc.* |
1,172 | 32,312 | |||
| Landauer, Inc. |
270 | 19,643 | |||
| LCA-Vision, Inc. |
1,306 | 6,060 | |||
| LHC Group, Inc.* |
825 | 23,496 | |||
| Medcath Corp.* |
676 | 12,114 | |||
| Molina Healthcare, Inc.* |
955 | 29,605 | |||
| MWI Veterinary Supply, Inc.* |
275 | 10,805 | |||
| National Healthcare Corp. |
612 | 28,837 | |||
| Nighthawk Radiology Holdings, Inc.* |
440 | 3,177 | |||
| NovaMed, Inc.* |
971 | 4,603 | |||
| Odyssey HealthCare, Inc.* |
1,048 | 10,637 | |||
| Providence Service Corp. (The)* |
262 | 2,568 | |||
| RehabCare Group, Inc.* |
288 | 5,213 | |||
| Res-Care, Inc.* |
1,147 | 20,807 | |||
| Skilled Healthcare Group, Inc. Class A* |
150 | 2,384 | |||
| Sun Healthcare Group, Inc.* |
1,224 | 17,944 | |||
| U.S. Physical Therapy, Inc.* |
429 | 7,447 | |||
| Total Health Care Providers & Services | 778,004 | ||||
| Health Care Technology – 0.2% | |||||
| Allscripts Healthcare Solutions, Inc.* |
680 | 8,459 | |||
| Computer Programs & Systems, Inc. |
428 | 12,391 | |||
| Omnicell, Inc.* |
861 | 11,322 | |||
| Phase Forward, Inc.* |
642 | 13,424 | |||
| Transcend Services, Inc.* |
215 | 2,253 | |||
| Vital Images, Inc.* |
196 | 2,940 | |||
| Total Health Care Technology | 50,789 | ||||
| Hotels, Restaurants & Leisure – 2.8% | |||||
| AFC Enterprises, Inc.* |
1,393 | 10,113 | |||
| Ambassadors Group, Inc. |
1,395 | 22,194 | |||
| Benihana, Inc. Class A* |
704 | 3,238 | |||
| BJ’s Restaurants, Inc.* |
463 | 5,528 | |||
| Bluegreen Corp.* |
2,857 | 19,742 | |||
| Bob Evans Farms, Inc. |
1,601 | 43,691 | |||
| Buffalo Wild Wings, Inc.* |
550 | 22,132 | |||
| California Pizza Kitchen, Inc.* |
670 | 8,623 | |||
| Carrols Restaurant Group, Inc.* |
982 | 2,946 | |||
| CBRL Group, Inc. |
1,684 | 44,289 | |||
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 45 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree SmallCap Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| CEC Entertainment, Inc.* |
1,823 | $ | 60,525 | ||
| Century Casinos, Inc.* |
447 | 939 | |||
| Churchill Downs, Inc. |
185 | 9,061 | |||
| CKE Restaurants, Inc. |
2,289 | 24,263 | |||
| Denny’s Corp.* |
3,294 | 8,499 | |||
| DineEquity, Inc |
414 | 6,980 | |||
| Domino’s Pizza, Inc.* |
2,680 | 32,535 | |||
| Dover Downs Gaming & Entertainment, Inc. |
1,684 | 13,102 | |||
| Dover Motorsports, Inc. |
273 | 1,488 | |||
| Einstein Noah Restaurant Group, Inc.* |
326 | 3,286 | |||
| Famous Dave’s Of America, Inc.* |
317 | 1,905 | |||
| Interstate Hotels & Resorts, Inc.* |
1,015 | 2,385 | |||
| Jamba, Inc.* |
1,910 | 1,719 | |||
| Landry’s Restaurants, Inc. |
1,187 | 18,458 | |||
| Luby’s, Inc.* |
739 | 5,942 | |||
| Marcus Corp. |
965 | 15,517 | |||
| McCormick & Schmick’s Seafood Restaurants, Inc.* |
682 | 6,643 | |||
| Monarch Casino & Resort, Inc.* |
689 | 7,848 | |||
| Morton’s Restaurant Group, Inc.* |
856 | 4,340 | |||
| MTR Gaming Group, Inc.* |
45 | 149 | |||
| O’Charleys, Inc. |
463 | 4,051 | |||
| Papa John’s International, Inc.* |
1,394 | 37,861 | |||
| Peet’s Coffee & Tea, Inc.* |
187 | 5,221 | |||
| PF Chang’s China Bistro, Inc.* |
1,048 | 24,670 | |||
| Premier Exhibitions, Inc.* |
788 | 1,418 | |||
| Red Robin Gourmet Burgers, Inc.* |
647 | 17,340 | |||
| Rick’s Cabaret International, Inc.* |
251 | 2,465 | |||
| Ruby Tuesday, Inc.* |
4,875 | 28,226 | |||
| Ruth’s Chris Steak House* |
1,217 | 4,783 | |||
| Shuffle Master, Inc.* |
445 | 2,265 | |||
| Silverleaf Resorts, Inc.* |
4,263 | 5,286 | |||
| Steak N Shake Co. (The)* |
1,212 | 10,520 | |||
| Texas Roadhouse, Inc. Class A* |
2,299 | 20,668 | |||
| Town Sports International Holdings, Inc.* |
1,188 | 7,247 | |||
| VCG Holding Corp.* |
178 | 603 | |||
| Total Hotels, Restaurants & Leisure | 580,704 | ||||
| Household Durables – 1.1% | |||||
| Blyth, Inc. |
1,970 | 22,340 | |||
| Brookfield Homes Corp. |
4,511 | 64,777 | |||
| Cavco Industries, Inc.* |
135 | 4,880 | |||
| Champion Enterprises, Inc.* |
1,271 | 7,054 | |||
| CSS Industries, Inc. |
469 | 12,072 | |||
| Ethan Allen Interiors, Inc. |
2,056 | 57,609 | |||
| Furniture Brands International, Inc. |
96 | 1,010 | |||
| Hooker Furniture Corp. |
435 | 7,721 | |||
| Lifetime Brands, Inc. |
693 | 6,757 | |||
| National Presto Industries, Inc. |
435 | 32,408 | |||
| Russ Berrie & Co., Inc. |
761 | 5,837 | |||
| Skyline Corp. |
53 | 1,401 | |||
| Stanley Furniture Co., Inc. |
386 | 3,524 | |||
| Universal Electronics, Inc.* |
368 | 9,193 | |||
| Total Household Durables | 236,583 | ||||
| Investments | Shares | Value | |||
| Household Products – 0.3% | |||||
| Central Garden and Pet Co. Class A* |
4,308 | $ | 25,632 | ||
| Oil-Dri Corp.of America |
816 | 13,807 | |||
| WD-40 Co. |
559 | 20,085 | |||
| Total Household Products | 59,524 | ||||
| Industrial Conglomerates – 0.4% | |||||
| Otter Tail Corp. |
1,057 | 32,482 | |||
| Raven Industries, Inc. |
539 | 21,210 | |||
| Standex International Corp. |
559 | 15,512 | |||
| Tredegar Corp. |
459 | 8,166 | |||
| Total Industrial Conglomerates | 77,370 | ||||
| Insurance – 6.2% | |||||
| 21st Century Holding Co. |
2,275 | 11,967 | |||
| Affirmative Insurance Holdings, Inc. |
130 | 411 | |||
| American Equity Investment Life Holding Co., Inc. |
5,015 | 37,613 | |||
| American Physicians Capital, Inc. |
850 | 35,981 | |||
| American Physicians Service Group, Inc. |
692 | 14,650 | |||
| Amerisafe, Inc.* |
2,036 | 37,055 | |||
| Amtrust Financial Services, Inc. |
4,263 | 57,934 | |||
| Baldwin & Lyons, Inc. Class B |
1,100 | 26,367 | |||
| Citizens, Inc.* |
1,322 | 10,867 | |||
| CNA Surety Corp.* |
3,142 | 52,471 | |||
| Darwin Professional Underwriters, Inc.* |
743 | 23,115 | |||
| Donegal Group, Inc. Class A |
1,546 | 28,029 | |||
| Eastern Insurance Holdings, Inc. |
587 | 7,878 | |||
| ehealth, Inc.* |
451 | 7,216 | |||
| EMC Insurance Group, Inc. |
1,402 | 41,331 | |||
| Employers Holdings, Inc. |
7,921 | 137,666 | |||
| FBL Financial Group, Inc. Class A |
1,966 | 54,832 | |||
| First Mercury Financial Corp.* |
1,108 | 15,789 | |||
| Fpic Insurance Group, Inc.* |
594 | 30,526 | |||
| Hallmark Financial Services, Inc.* |
1,130 | 10,272 | |||
| Harleysville Group, Inc. |
1,870 | 70,686 | |||
| Horace Mann Educators Corp. |
3,345 | 43,050 | |||
| Independence Holding Co. |
1,013 | 11,700 | |||
| Infinity Property & Casualty Corp. |
1,415 | 58,298 | |||
| Kansas City Life Insurance Co. |
561 | 25,806 | |||
| LandAmerica Financial Group, Inc. |
372 | 9,021 | |||
| Meadowbrook Insurance Group, Inc.* |
2,060 | 14,544 | |||
| National Interstate Corp. |
916 | 22,011 | |||
| National Western Life Insurance Co. Class A |
259 | 62,696 | |||
| Navigators Group, Inc.* |
1,052 | 61,016 | |||
| NYMAGIC, Inc. |
900 | 22,725 | |||
| Presidential Life Corp. |
2,092 | 33,033 | |||
| Safety Insurance Group, Inc. |
1,811 | 68,691 | |||
| SeaBright Insurance Holdings, Inc.* |
1,724 | 22,412 | |||
| Tower Group, Inc. |
1,015 | 23,913 | |||
| United Fire & Casualty Co. |
2,653 | 75,848 | |||
| Universal Insurance Holdings, Inc. |
4,571 | 15,907 | |||
| Total Insurance | 1,283,327 | ||||
See Notes to Financial Statements.
| 46 | WisdomTree Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree SmallCap Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| Internet & Catalog Retail – 0.4% | |||||
| 1-800-FLOWERS.COM, Inc. Class A* |
1,356 | $ | 8,163 | ||
| dELiA*s, Inc.* |
218 | 628 | |||
| Gaiam, Inc. Class A* |
249 | 2,639 | |||
| NutriSystem, Inc.* |
2,991 | 53,000 | |||
| PetMed Express, Inc.* |
1,027 | 16,124 | |||
| Shutterfly, Inc.* |
139 | 1,336 | |||
| Stamps.com, Inc.* |
704 | 8,216 | |||
| Total Internet & Catalog Retail | 90,106 | ||||
| Internet Software & Services – 1.0% | |||||
| AsiaInfo Holdings, Inc.* |
739 | 6,784 | |||
| Bankrate, Inc.* |
317 | 12,334 | |||
| comScore, Inc.* |
196 | 3,455 | |||
| DivX, Inc.* |
517 | 3,345 | |||
| Greenfield Online, Inc.* |
539 | 9,379 | |||
| Imergent, Inc. |
1,343 | 15,042 | |||
| Knot, Inc. (The)* |
1,235 | 10,312 | |||
| Liquidity Services Inc.* |
601 | 6,521 | |||
| Liveperson Inc.* |
638 | 1,857 | |||
| Loopnet Inc.* |
1,118 | 10,990 | |||
| Marchex, Inc., Class B |
238 | 2,449 | |||
| Moduslink Global Solutions, Inc.* |
1,188 | 11,417 | |||
| NIC, Inc. |
1,007 | 6,948 | |||
| Perficient, Inc.* |
594 | 3,944 | |||
| SonicWALL, Inc.* |
394 | 2,065 | |||
| Techtarget, Inc.* |
372 | 2,604 | |||
| TheStreet.com, Inc. |
1,380 | 8,266 | |||
| Travelzoo, Inc.* |
594 | 4,704 | |||
| United Online, Inc. |
3,845 | 36,181 | |||
| Vignette Corp.* |
969 | 10,407 | |||
| Vocus Inc |
56 | 1,902 | |||
| Websense, Inc.* |
1,019 | 22,775 | |||
| Website Pros, Inc.* |
394 | 2,128 | |||
| Total Internet Software & Services | 195,809 | ||||
| IT Services – 1.7% | |||||
| Acxiom Corp. |
1,921 | 24,089 | |||
| Broadridge Financial Solutions, Inc. |
6,186 | 95,204 | |||
| Cass Information Systems, Inc. |
316 | 11,329 | |||
| Ciber, Inc.* |
3,399 | 23,759 | |||
| CSG Systems International, Inc.* |
2,823 | 49,488 | |||
| CyberSource Corp.* |
528 | 8,506 | |||
| ExlService Holdings, Inc.* |
671 | 5,891 | |||
| Forrester Research, Inc.* |
328 | 9,617 | |||
| Global Cash Access Holdings, Inc.* |
4,017 | 20,326 | |||
| iGATE Corp.* |
1,396 | 12,103 | |||
| InfoGROUP, Inc. |
3,230 | 21,350 | |||
| Integral Systems, Inc. |
651 | 13,521 | |||
| NCI, Inc. Class A* |
463 | 13,186 | |||
| Ness Technologies, Inc.* |
1,669 | 19,143 | |||
| Mastech Holdings, Inc. |
93 | 707 | |||
| Rainmaker Systems, Inc.* |
249 | 560 | |||
| Investments | Shares | Value | |||
| Sapient Corp.* |
451 | $ | 3,351 | ||
| SI International, Inc.* |
517 | 15,536 | |||
| Total IT Services | 347,666 | ||||
| Leisure Equipment & Products – 0.8% | |||||
| Arctic Cat, Inc. |
872 | 7,979 | |||
| Jakks Pacific, Inc.* |
2,249 | 56,023 | |||
| Marine Products Corp. |
1,499 | 12,442 | |||
| Pool Corp. |
2,642 | 61,638 | |||
| RC2 Corp.* |
728 | 14,560 | |||
| Smith & Wesson Holding Corp.* |
1,642 | 6,141 | |||
| Steinway Musical Instruments* |
220 | 6,230 | |||
| Sturm Ruger & Co., Inc.* |
317 | 2,200 | |||
| Total Leisure Equipment & Products | 167,213 | ||||
| Life Sciences Tools & Services – 0.3% | |||||
| Accelrys, Inc.* |
233 | 1,279 | |||
| Albany Molecular Research, Inc.* |
473 | 8,557 | |||
| Bruker BioSciences Corp.* |
1,596 | 21,275 | |||
| eResearch Technology, Inc.* |
722 | 8,599 | |||
| Kendle International, Inc.* |
123 | 5,499 | |||
| Medtox Scientific, Inc.* |
249 | 3,073 | |||
| PharmaNet Development Group, Inc.* |
306 | 2,209 | |||
| Total Life Sciences Tools & Services | 50,491 | ||||
| Machinery – 4.1% | |||||
| Accuride Corp.* |
1,586 | 2,538 | |||
| Alamo Group, Inc. |
375 | 6,394 | |||
| Altra Holdings, Inc.* |
381 | 5,624 | |||
| American Railcar Industries, Inc. |
1,004 | 16,104 | |||
| Ampco-Pittsburgh Corp. |
828 | 21,445 | |||
| Astec Industries, Inc.* |
1,055 | 32,526 | |||
| Badger Meter, Inc. |
286 | 13,428 | |||
| Blount International, Inc.* |
2,129 | 23,696 | |||
| Cascade Corp. |
775 | 33,953 | |||
| Chart Industries, Inc.* |
861 | 24,590 | |||
| China Fire & Security Group, Inc.* |
467 | 4,908 | |||
| CIRCOR International, Inc. |
582 | 25,276 | |||
| Columbus McKinnon Corp.* |
867 | 20,435 | |||
| Commercial Vehicle Group, Inc.* |
587 | 4,174 | |||
| Dynamic Materials Corp. |
262 | 6,081 | |||
| Eastern Co. (The) |
517 | 6,980 | |||
| EnPro Industries, Inc.* |
2,187 | 81,268 | |||
| ESCO Technologies, Inc.* |
617 | 29,721 | |||
| Federal Signal Corp. |
2,310 | 31,647 | |||
| Flanders Corp.* |
131 | 825 | |||
| Flow International Corp.* |
185 | 940 | |||
| Force Protection, Inc.* |
4,444 | 11,910 | |||
| Freightcar America, Inc. |
1,609 | 47,094 | |||
| Gehl Co.* |
1,098 | 32,314 | |||
| Gorman-Rupp Co. (The) |
491 | 18,521 | |||
| Graham Corp. |
156 | 8,440 | |||
| Greenbrier Cos., Inc. |
704 | 13,735 | |||
| Hardinge, Inc. |
1,016 | 12,903 | |||
| Hurco Cos., Inc.* |
402 | 11,887 | |||
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 47 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree SmallCap Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| Kadant, Inc.* |
528 | $ | 12,023 | ||
| Key Technology, Inc.* |
90 | 2,133 | |||
| K-Tron International, Inc.* |
118 | 15,202 | |||
| L.S. Starrett (The) Co., Class A |
254 | 4,681 | |||
| LB Foster Co. Class A* |
416 | 12,655 | |||
| Lindsay Corp. |
177 | 12,877 | |||
| Lydall, Inc.* |
612 | 5,894 | |||
| Met-Pro Corp. |
504 | 7,353 | |||
| Miller Industries, Inc.* |
1,196 | 8,862 | |||
| Mueller Industries, Inc. |
2,329 | 53,589 | |||
| NACCO Industries, Inc. Class A |
621 | 58,696 | |||
| NN, Inc. |
215 | 2,763 | |||
| RBC Bearings, Inc.* |
638 | 21,494 | |||
| Sun Hydraulics Corp. |
555 | 14,452 | |||
| Tennant Co. |
553 | 18,946 | |||
| Trimas Corp.* |
605 | 3,969 | |||
| Twin Disc, Inc. |
535 | 7,362 | |||
| Wabash National Corp. |
1,446 | 13,665 | |||
| Xerium Technologies, Inc. |
3,458 | 22,270 | |||
| Total Machinery | 848,243 | ||||
| Marine – 0.2% | |||||
| American Commercial Lines, Inc.* |
2,211 | 23,525 | |||
| Global Ship Lease |
508 | 3,236 | |||
| Horizon Lines, Inc. Class A |
1,105 | 10,906 | |||
| International Shipholding Corp.* |
305 | 6,680 | |||
| Total Marine | 44,347 | ||||
| Media – 1.1% | |||||
| Arbitron, Inc. |
722 | 32,266 | |||
| Citadel Broadcasting Corp.* |
8,640 | 6,739 | |||
| Entercom Communications Corp. Class A |
833 | 4,182 | |||
| Entravision Communications Corp. |
1,757 | 4,726 | |||
| Fisher Communications, Inc.* |
90 | 3,546 | |||
| Harris Interactive, Inc.* |
1,404 | 2,429 | |||
| Journal Communications, Inc. Class A |
4,240 | 20,691 | |||
| Lee Enterprises, Inc. |
4,022 | 14,077 | |||
| Lin TV Corp. Class A* |
647 | 3,339 | |||
| McClatchy Co. Class A |
8,236 | 36,239 | |||
| Media General, Inc. Class A |
1,251 | 15,550 | |||
| New Frontier Media, Inc. |
1,276 | 3,037 | |||
| Playboy Enterprises, Inc. Class B* |
717 | 2,825 | |||
| Rentrak Corp.* |
249 | 3,444 | |||
| Salem Communications Holding Corp. Class A* |
719 | 899 | |||
| Sinclair Broadcast Group, Inc. Class A |
2,060 | 10,382 | |||
| Valassis Communications, Inc.* |
2,484 | 21,511 | |||
| Value Line, Inc. |
403 | 13,496 | |||
| Westwood One, Inc.* |
10,973 | 6,035 | |||
| World Wrestling Entertainment, Inc. |
969 | 14,981 | |||
| Total Media | 220,394 | ||||
| Metals & Mining – 0.7% | |||||
| A.M. Castle & Co. |
1,371 | 23,691 | |||
| Brush Engineered Materials, Inc.* |
1,281 | 23,789 | |||
| China Precision Steel, Inc.* |
480 | 1,598 | |||
| Investments | Shares | Value | |||
| Haynes International, Inc.* |
609 | $ | 28,520 | ||
| Mesabi Trust |
495 | 9,578 | |||
| Olympic Steel, Inc. |
570 | 16,809 | |||
| Royal Gold, Inc. |
491 | 17,656 | |||
| Synalloy Corp. |
451 | 6,111 | |||
| Universal Stainless & Alloy* |
482 | 12,315 | |||
| Total Metals & Mining | 140,067 | ||||
| Multiline Retail – 0.5% | |||||
| 99 Cents Only Stores* |
493 | 5,408 | |||
| Bon-Ton Stores, Inc. (The) |
2,014 | 5,478 | |||
| Fred’s, Inc. |
1,790 | 25,454 | |||
| Retail Ventures, Inc.* |
10,294 | 40,147 | |||
| Tuesday Morning Corp. |
4,692 | 19,378 | |||
| Total Multiline Retail | 95,865 | ||||
| Multi-Utilities – 0.3% | |||||
| CH Energy Group, Inc. |
881 | 38,386 | |||
| NorthWestern Corp. |
1,188 | 29,854 | |||
| Total Multi-Utilities | 68,240 | ||||
| Oil, Gas & Consumable Fuels – 1.8% | |||||
| Abraxas Petroleum Corp.* |
3,460 | 9,031 | |||
| Adams Resources & Energy, Inc. |
1,152 | 26,243 | |||
| Aventine Renewable Energy Holdings, Inc.* |
2,556 | 8,077 | |||
| Brigham Exploration Co.* |
1,432 | 15,738 | |||
| Callon Petroleum Co.* |
761 | 13,721 | |||
| Contango Oil & Gas Co.* |
66 | 3,563 | |||
| Delek US Holdings, Inc. |
4,257 | 39,462 | |||
| Enbridge Energy Management LLC.* |
459 | 19,218 | |||
| Geomet, Inc.* |
1,371 | 7,458 | |||
| GMX Resources, Inc.* |
209 | 9,990 | |||
| Gulfport Energy Corp.* |
1,286 | 12,924 | |||
| Meridian Resource Corp. (The)* |
3,317 | 6,103 | |||
| Pacific Ethanol, Inc.* |
185 | 257 | |||
| Parallel Petroleum Corp.* |
1,069 | 10,070 | |||
| Petroleum Development Corp.* |
128 | 5,679 | |||
| Petroquest Energy, Inc.* |
1,332 | 20,446 | |||
| Rosetta Resources, Inc.* |
2,079 | 38,170 | |||
| USEC, Inc.* |
7,583 | 41,025 | |||
| Vaalco Energy, Inc.* |
3,832 | 26,211 | |||
| Verasun Energy Corp |
4,846 | 15,168 | |||
| Warren Resources, Inc.* |
187 | 1,866 | |||
| World Fuel Services Corp. |
1,493 | 34,384 | |||
| Total Oil, Gas & Consumable Fuels | 364,804 | ||||
| Paper & Forest Products – 0.4% | |||||
| Buckeye Technologies, Inc.* |
2,428 | 19,886 | |||
| Deltic Timber Corp. |
107 | 6,809 | |||
| Neenah Paper, Inc. |
933 | 18,473 | |||
| P.H. Glatfelter Co. |
119 | 1,611 | |||
| Wausau Paper Corp. |
2,619 | 26,531 | |||
| Total Paper & Forest Products | 73,310 | ||||
See Notes to Financial Statements.
| 48 | WisdomTree Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree SmallCap Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| Personal Products – 0.4% | |||||
| Elizabeth Arden, Inc.* |
1,351 | $ | 26,520 | ||
| Inter Parfums, Inc. |
1,224 | 16,597 | |||
| Mannatech, Inc. |
2,238 | 8,952 | |||
| Prestige Brands Holdings, Inc.* |
3,186 | 28,292 | |||
| Reliv International, Inc. |
550 | 2,778 | |||
| Total Personal Products | 83,139 | ||||
| Pharmaceuticals – 1.6% | |||||
| Alpharma, Inc. Class A* |
1,931 | 71,235 | |||
| Caraco Pharmaceutical Laboratories, Ltd.* |
1,530 | 19,140 | |||
| Cpex Pharmaceuticals, Inc. |
68 | 1,275 | |||
| Depomed, Inc.* |
2,932 | 10,702 | |||
| Matrixx Initiatives, Inc.* |
161 | 2,896 | |||
| Medicines Co. (The)* |
1,343 | 31,184 | |||
| Obagi Medical Products, Inc.* |
504 | 5,030 | |||
| Pain Therapeutics, Inc.* |
898 | 8,773 | |||
| Par Pharmaceutical Cos., Inc.* |
229 | 2,814 | |||
| Pozen, Inc.* |
568 | 5,970 | |||
| Salix Pharmaceuticals Ltd.* |
2,505 | 16,057 | |||
| Sciele Pharma, Inc.* |
1,615 | 49,726 | |||
| Viropharma, Inc.* |
7,769 | 101,930 | |||
| Total Pharmaceuticals | 326,732 | ||||
| Professional Services – 2.9% | |||||
| Administaff, Inc. |
1,146 | 31,194 | |||
| Barrett Business Services |
766 | 9,943 | |||
| CBIZ, Inc.* |
2,108 | 17,813 | |||
| CDI Corp. |
884 | 19,740 | |||
| COMSYS IT Partners, Inc.* |
1,271 | 12,354 | |||
| CoStar Group, Inc.* |
139 | 6,309 | |||
| CRA International, Inc.* |
430 | 11,816 | |||
| Diamond Management & Technology Consultants, Inc. |
846 | 3,968 | |||
| Exponent, Inc.* |
450 | 14,891 | |||
| First Advantage Corp. Class A* |
2,689 | 37,780 | |||
| Hudson Highland Group, Inc.* |
1,117 | 7,763 | |||
| Resources Connection, Inc.* |
1,999 | 45,037 | |||
| School Specialty, Inc.* |
1,024 | 31,939 | |||
| Spherion Corp.* |
3,091 | 15,053 | |||
| Heidrick & Struggles International, Inc.* |
1,092 | 32,924 | |||
| Hill International, Inc.* |
613 | 8,490 | |||
| ICF International, Inc.* |
1,075 | 21,231 | |||
| Kelly Services, Inc. Class A |
2,079 | 39,605 | |||
| Kforce, Inc.* |
3,070 | 31,345 | |||
| Korn/Ferry International* |
2,216 | 39,489 | |||
| LECG Corp.* |
763 | 6,157 | |||
| Navigant Consulting, Inc.* |
2,572 | 51,156 | |||
| On Assignment, Inc.* |
1,422 | 11,205 | |||
| TrueBlue, Inc.* |
3,526 | 56,979 | |||
| Volt Information Sciences, Inc.* |
1,582 | 14,206 | |||
| VSE Corp. |
156 | 5,262 | |||
| Total Professional Services | 583,649 | ||||
| Investments | Shares | Value | |||
| Real Estate Investment Trusts – 2.2% | |||||
| Acadia Realty Trust |
474 | $ | 11,983 | ||
| Agree Realty Corp. |
330 | 9,438 | |||
| American Campus Communities, Inc. |
1 | 34 | |||
| American Land Lease, Inc. |
141 | 2,740 | |||
| Cedar Shopping Centers, Inc. |
816 | 10,788 | |||
| EastGroup Properties, Inc. |
379 | 18,397 | |||
| Extra Space Storage, Inc. |
1,677 | 25,759 | |||
| FelCor Lodging Trust, Inc. |
183 | 1,310 | |||
| Getty Realty Corp. |
993 | 22,015 | |||
| Hersha Hospitality Trust |
434 | 3,229 | |||
| Inland Real Estate Corp. |
1,866 | 29,278 | |||
| Kite Realty Group Trust |
527 | 5,797 | |||
| LTC Properties, Inc. |
894 | 26,212 | |||
| Medical Properties Trust, Inc. |
2,776 | 31,508 | |||
| Mission West Properties, Inc. |
1,243 | 12,107 | |||
| National Health Investors, Inc. |
2,063 | 70,512 | |||
| Omega Healthcare Investors, Inc. |
2,421 | 47,596 | |||
| One Liberty Properties, Inc. |
1,177 | 20,798 | |||
| Ramco-Gershenson Properties Trust |
1,845 | 41,364 | |||
| Saul Centers, Inc. |
392 | 19,812 | |||
| Sovran Self Storage, Inc. |
639 | 28,557 | |||
| Supertel Hospitality, Inc. |
346 | 1,401 | |||
| Urstadt Biddle Properties, Inc. Class A |
1,085 | 20,344 | |||
| Total Real Estate Investment Trusts | 460,979 | ||||
| Real Estate Management & Development – 0.5% | |||||
| Avatar Holdings, Inc.* |
2,605 | 85,965 | |||
| Consolidated-Tomoka Land Co. |
89 | 3,844 | |||
| Maui Land & Pineapple Co., Inc. * |
266 | 7,312 | |||
| Stratus Properties, Inc.* |
141 | 3,880 | |||
| Tejon Ranch Co.* |
119 | 4,421 | |||
| Total Real Estate Management & Development | 105,422 | ||||
| Road & Rail – 1.6% | |||||
| Arkansas Best Corp. |
1,801 | 60,676 | |||
| Celadon Group, Inc.* |
1,371 | 15,725 | |||
| Dollar Thrifty Automotive Group, Inc.* |
549 | 1,060 | |||
| Genesee & Wyoming, Inc. Class A * |
1,557 | 58,419 | |||
| Marten Transport Ltd.* |
787 | 15,354 | |||
| Old Dominion Freight Line, Inc. * |
2,268 | 64,274 | |||
| P.A.M. Transportation Services, Inc.* |
361 | 3,953 | |||
| Saia, Inc.* |
1,106 | 14,688 | |||
| Universal Truckload Services, Inc.* |
713 | 17,369 | |||
| USA Truck, Inc.* |
129 | 2,058 | |||
| YRC Worldwide, Inc.* |
5,929 | 70,910 | |||
| Total Road & Rail | 324,486 | ||||
| Semiconductors & Semiconductor Equipment – 2.5% | |||||
| Actel Corp.* |
139 | 1,735 | |||
| Advanced Energy Industries, Inc. * |
3,789 | 51,834 | |||
| ANADIGICS, Inc.* |
251 | 705 | |||
| Asyst Technologies, Inc.* |
739 | 1,774 | |||
| ATMI, Inc.* |
861 | 15,481 | |||
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 49 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree SmallCap Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| Axcelis Technologies, Inc.* |
2,256 | $ | 3,835 | ||
| AXT, Inc.* |
850 | 1,598 | |||
| Brooks Automation, Inc.* |
2,912 | 24,344 | |||
| Cabot Microelectronics Corp. * |
705 | 22,616 | |||
| Ceva, Inc.* |
150 | 1,245 | |||
| Cirrus Logic, Inc.* |
2,232 | 12,164 | |||
| Cohu, Inc. |
618 | 9,777 | |||
| Eagle Test Systems, Inc.* |
1,059 | 16,213 | |||
| Entegris, Inc.* |
4,137 | 20,023 | |||
| FEI Co.* |
1,426 | 33,953 | |||
| Integrated Silicon Solutions, Inc.* |
689 | 1,592 | |||
| IXYS Corp.* |
1,155 | 10,499 | |||
| Kopin Corp.* |
30 | 94 | |||
| Kulicke & Soffa Industries, Inc.* |
1,579 | 7,121 | |||
| Mattson Technology, Inc.* |
2,100 | 9,933 | |||
| Micrel, Inc. |
2,820 | 25,577 | |||
| MKS Instruments, Inc.* |
3,808 | 75,817 | |||
| Monolithic Power Systems, Inc.* |
18 | 313 | |||
| Netlogic Microsystems, Inc.* |
216 | 6,532 | |||
| NVE Corp.* |
145 | 4,105 | |||
| Omnivision Technologies, Inc.* |
890 | 10,155 | |||
| Pericom Semiconductor Corp.* |
396 | 4,158 | |||
| Photronics, Inc.* |
1,969 | 3,702 | |||
| Power Integrations, Inc.* |
502 | 12,098 | |||
| Rudolph Technologies, Inc.* |
1,309 | 10,969 | |||
| Semitool, Inc.* |
767 | 6,274 | |||
| Semtech Corp.* |
1,232 | 17,199 | |||
| Silicon Image, Inc.* |
5,522 | 29,487 | |||
| Silicon Storage Technology, Inc.* |
1,125 | 3,668 | |||
| Standard Microsystems Corp.* |
489 | 12,215 | |||
| Supertex, Inc.* |
418 | 11,771 | |||
| Techwell, Inc.* |
921 | 8,685 | |||
| Trident Microsystems, Inc.* |
3,273 | 7,855 | |||
| Triquint Semiconductor, Inc.* |
1,758 | 8,421 | |||
| Ultra Clean Holdings* |
944 | 4,758 | |||
| Volterra Semiconductor Corp.* |
128 | 1,629 | |||
| Total Semiconductors & Semiconductor Equipment | 511,924 | ||||
| Software – 1.4% | |||||
| ACI Worldwide, Inc.* |
262 | 4,590 | |||
| Actuate Corp.* |
1,762 | 6,167 | |||
| American Software, Inc. Class A |
834 | 4,545 | |||
| Captaris, Inc.* |
101 | 466 | |||
| Commvault Systems, Inc.* |
2,093 | 25,221 | |||
| Double-Take Software Inc.* |
427 | 4,249 | |||
| Epicor Software Corp.* |
1,688 | 13,318 | |||
| EPIQ Systems, Inc.* |
77 | 1,047 | |||
| Falconstor Software, Inc.* |
594 | 3,184 | |||
| i2 Technologies, Inc.* |
1,355 | 18,279 | |||
| Interactive Intelligence, Inc.* |
215 | 1,939 | |||
| JDA Software Group, Inc.* |
460 | 6,997 | |||
| Kenexa Corp.* |
805 | 12,711 | |||
| Manhattan Associates, Inc.* |
768 | 17,157 | |||
| Mentor Graphics Corp.* |
2,447 | 27,772 | |||
| Investments | Shares | Value | |||
| MSC.Software Corp.* |
295 | $ | 3,157 | ||
| Netscout Systems, Inc.* |
568 | 6,044 | |||
| Opnet Technologies, Inc.* |
480 | 5,846 | |||
| Pegasystems, Inc. |
471 | 6,081 | |||
| PROS Holdings, Inc.* |
317 | 2,977 | |||
| QAD, Inc. |
304 | 2,104 | |||
| Quality Systems, Inc. |
764 | 32,286 | |||
| Radiant Systems, Inc.* |
452 | 3,928 | |||
| Renaissance Learning, Inc. |
352 | 4,572 | |||
| Smith Micro Software, Inc.* |
507 | 3,600 | |||
| Soapstone Networks, Inc. |
3,351 | 11,226 | |||
| Sonic Solutions, Inc.* |
198 | 871 | |||
| Sourceforge, Inc.* |
1,772 | 2,410 | |||
| SPSS, Inc.* |
506 | 14,856 | |||
| Symyx Technologies* |
150 | 1,487 | |||
| Synchronoss Technologies, Inc.* |
438 | 4,122 | |||
| Taleo Corp. Class A* |
79 | 1,571 | |||
| Tyler Technologies, Inc.* |
704 | 10,680 | |||
| Ultimate Software Group, Inc.* |
249 | 6,723 | |||
| Unica Corp.* |
23 | 180 | |||
| VASCO Data Security International* |
702 | 7,273 | |||
| Wind River Systems, Inc.* |
163 | 1,630 | |||
| Total Software | 281,266 | ||||
| Specialty Retail – 7.6% | |||||
| A.C. Moore Arts & Crafts, Inc.* |
384 | 2,408 | |||
| Aaron Rents, Inc. |
2,959 | 80,099 | |||
| America’s Car-Mart, Inc.* |
150 | 2,789 | |||
| Asbury Automotive Group, Inc. |
2,692 | 31,012 | |||
| Big 5 Sporting Goods Corp. |
1,517 | 15,655 | |||
| Books-A-Million, Inc. |
1,151 | 5,755 | |||
| Brown Shoe Co., Inc. |
2,285 | 37,428 | |||
| Buckle, Inc. (The) |
1,235 | 68,592 | |||
| Build-A-Bear Workshop, Inc.* |
1,278 | 9,304 | |||
| Cabela’s, Inc.* |
4,226 | 51,050 | |||
| Cache, Inc.* |
350 | 2,405 | |||
| Casual Male Retail Group, Inc.* |
5,145 | 20,220 | |||
| Cato Corp. (The) Class A |
2,253 | 39,540 | |||
| Charlotte Russe Holding, Inc.* |
1,647 | 16,882 | |||
| Charming Shoppes, Inc.* |
12,557 | 61,404 | |||
| Childrens Place Retail Stores, Inc. (The)* |
1,809 | 60,330 | |||
| Christopher & Banks Corp. |
1,234 | 9,465 | |||
| Citi Trends, Inc.* |
977 | 15,915 | |||
| Coldwater Creek, Inc.* |
5,745 | 33,264 | |||
| Collective Brands, Inc.* |
4,827 | 88,381 | |||
| Conn’s, Inc.* |
1,550 | 29,001 | |||
| Dress Barn, Inc.* |
5,716 | 87,397 | |||
| DSW, Inc. Class A* |
2,608 | 35,730 | |||
| Finish Line (The) Class A* |
3,322 | 33,187 | |||
| Genesco, Inc.* |
1,083 | 36,259 | |||
| Group 1 Automotive, Inc. |
1,980 | 43,025 | |||
| Gymboree Corp.* |
1,722 | 61,131 | |||
| Haverty Furniture Cos., Inc. |
205 | 2,345 | |||
| Hibbett Sports, Inc.* |
1,267 | 25,365 | |||
See Notes to Financial Statements.
| 50 | WisdomTree Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree SmallCap Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| HOT Topic, Inc.* |
1,530 | $ | 10,113 | ||
| Jo-Ann Stores, Inc.* |
362 | 7,595 | |||
| JOS A Bank Clothiers, Inc.* |
1,188 | 39,917 | |||
| Lithia Motors, Inc. Class A |
1,816 | 7,827 | |||
| MarineMax, Inc.* |
767 | 5,545 | |||
| Midas Inc.* |
383 | 5,270 | |||
| Monro Muffler, Inc. |
845 | 19,486 | |||
| Mothers Work, Inc.* |
182 | 2,526 | |||
| New York & Co., Inc.* |
4,098 | 39,095 | |||
| Rent-A-Center, Inc.* |
7,487 | 166,809 | |||
| Rex Stores Corp.* |
353 | 4,077 | |||
| Select Comfort Corp.* |
3,398 | 5,607 | |||
| Shoe Carnival, Inc.* |
1,246 | 20,409 | |||
| Sonic Automotive, Inc. Class A |
3,886 | 32,876 | |||
| Stage Stores, Inc. |
2,669 | 36,459 | |||
| Stein Mart Inc. |
4,543 | 17,763 | |||
| Systemax, Inc. |
1,951 | 27,431 | |||
| Talbots, Inc. |
132 | 1,729 | |||
| Tween Brands, Inc.* |
1,695 | 16,594 | |||
| West Marine, Inc.* |
128 | 763 | |||
| Wet Seal, Inc. (The) Class A* |
3,350 | 12,161 | |||
| Zale Corp.* |
2,465 | 61,625 | |||
| Zumiez, Inc.* |
631 | 10,399 | |||
| Total Specialty Retail | 1,557,414 | ||||
| Textiles, Apparel & Luxury Goods – 2.0% | |||||
| American Apparel, Inc.* |
121 | 992 | |||
| Cherokee, Inc. |
736 | 16,177 | |||
| G-III Apparel Group Ltd.* |
908 | 16,989 | |||
| Hartmarx Corp.* |
67 | 125 | |||
| Heelys, Inc.* |
4,458 | 19,972 | |||
| Kenneth Cole Productions, Inc. Class A |
664 | 9,761 | |||
| K-Swiss, Inc. Class A |
1,985 | 34,539 | |||
| Maidenform Brands, Inc.* |
1,790 | 25,973 | |||
| Movado Group, Inc. |
1,240 | 27,714 | |||
| Oxford Industries, Inc. |
1,243 | 32,107 | |||
| Perry Ellis International, Inc.* |
1,300 | 19,383 | |||
| Skechers U.S.A., Inc. Class A* |
2,819 | 47,443 | |||
| Steven Madden Ltd.* |
1,393 | 34,519 | |||
| Timberland Co. Class A* |
2,068 | 35,921 | |||
| True Religion Apparel, Inc.* |
794 | 20,525 | |||
| UniFirst Corp. |
875 | 37,703 | |||
| Volcom, Inc.* |
1,100 | 19,008 | |||
| Weyco Group, Inc. |
580 | 19,413 | |||
| Total Textiles, Apparel & Luxury Goods | 418,264 | ||||
| Thrifts & Mortgage Finance – 2.2% | |||||
| Abington Bancorp, Inc. |
506 | 5,121 | |||
| Anchor Bancorp Wisconsin, Inc. |
1,085 | 7,975 | |||
| BankFinancial Corp. |
319 | 4,683 | |||
| Bank Mutual Corp. |
1,166 | 13,234 | |||
| BankUnited Financial Corp. Class A |
7,454 | 5,665 | |||
| Berkshire Hills Bancorp, Inc. |
396 | 12,672 | |||
| Brookline Bancorp, Inc. |
1,345 | 17,203 | |||
| Investments | Shares | Value | |||
| Clifton Savings Bancorp, Inc. |
176 | $ | 2,110 | ||
| Corus Bankshares, Inc. |
9,801 | 39,693 | |||
| Dime Community Bancshares, Inc. |
1,183 | 18,005 | |||
| Federal Agricultural Mortgage Corp. Class C |
695 | 2,850 | |||
| First Financial Holdings, Inc. |
625 | 16,363 | |||
| First Place Financial Corp. (OH) |
1,188 | 15,266 | |||
| FirstFed Financial Corp.* |
2,519 | 19,749 | |||
| Flushing Financial Corp. |
1,022 | 17,885 | |||
| Franklin Bank Corp.* |
2,870 | 1,406 | |||
| Imperial Capital Bancorp, Inc.* |
813 | 7,049 | |||
| Kearny Financial Corp. |
141 | 1,726 | |||
| Ocwen Financial Corp.* |
7,745 | 62,346 | |||
| Oritani Financial Corp.* |
657 | 11,070 | |||
| PMI Group, Inc. (The) |
10,549 | 31,120 | |||
| Provident Financial Services, Inc. |
2,141 | 35,348 | |||
| Provident New York Bancorp |
1,001 | 13,233 | |||
| Rockville Financial, Inc. |
384 | 6,048 | |||
| Roma Financial Corp. |
326 | 4,809 | |||
| TierOne Corp. |
719 | 3,688 | |||
| Triad Guaranty, Inc.* |
614 | 976 | |||
| TrustCo. Bank Corp. |
2,847 | 33,338 | |||
| United Community Financial Corp. (OH) |
2,152 | 10,760 | |||
| Viewpoint Financial Group |
229 | 4,008 | |||
| Waterstone Financial, Inc.* |
197 | 1,925 | |||
| Westfield Financial Inc |
539 | 5,552 | |||
| WSFS Financial Corp. |
415 | 24,900 | |||
| Total Thrifts & Mortgage Finance | 457,776 | ||||
| Trading Companies & Distributors – 1.4% | |||||
| Aceto Corp. |
868 | 8,324 | |||
| Beacon Roofing Supply, Inc.* |
2,459 | 38,410 | |||
| Building Materials Holding Corp. |
1,590 | 747 | |||
| DXP Enterprises, Inc.* |
262 | 13,967 | |||
| H&E Equipment Services, Inc.* |
2,559 | 24,720 | |||
| Houston Wire & Cable Co. |
1,497 | 25,703 | |||
| Interline Brands, Inc.* |
1,598 | 25,904 | |||
| Kaman Corp. |
770 | 21,930 | |||
| Lawson Products, Inc. |
172 | 4,756 | |||
| Rush Enterprises, Inc. Class A* |
2,237 | 28,634 | |||
| TAL International Group, Inc. |
1,531 | 31,875 | |||
| Watsco, Inc. |
1,325 | 66,621 | |||
| Total Trading Companies & Distributors | 291,591 | ||||
| Transportation Infrastructure – 0.0% | |||||
| CAI International, Inc.* |
741 | 8,195 | |||
| Water Utilities – 0.3% | |||||
| American States Water Co. |
460 | 17,710 | |||
| California Water Service Group. |
584 | 22,484 | |||
| Middlesex Water Co. |
423 | 7,390 | |||
| SJW Corp. |
427 | 12,797 | |||
| Southwest Water Co. |
473 | 6,031 | |||
| Total Water Utilities | 66,412 | ||||
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 51 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree SmallCap Earnings Fund
September 30, 2008
| Investments | Shares | Value | |||
| Wireless Telecommunication Services – 0.5% | |||||
| Centennial Communications Corp.* |
872 | $ | 5,441 | ||
| Syniverse Holdings, Inc.* |
4,430 | 73,583 | |||
| USA Mobility, Inc.* |
2,233 | 24,563 | |||
| Total Wireless Telecommunication Services | 103,587 | ||||
| TOTAL COMMON STOCKS (Cost: $24,553,730) |
20,558,505 | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.0% | |||||
| MONEY MARKET FUND – 0.0% | |||||
| UBS Private Money Market Fund LLC, 3.01%(a) (Cost: $786)(b) |
786 | 786 | |||
| TOTAL INVESTMENTS IN SECURITIES – 99.8% (Cost: $24,554,516)(c) |
20,559,291 | ||||
| Cash and Other Assets in Excess of Liabilities – 0.2% |
48,299 | ||||
| NET ASSETS – 100.0% | $ | 20,607,590 | |||
| * | Non-income producing security. |
| (a) |
Interest rate shown reflects yield as of September 30, 2008. |
| (b) |
At September 30, 2008, the total market value of the Fund’s securities on loan was $0 and the total market value of the collateral held by the Fund was $786. |
| (c) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 52 | WisdomTree Earnings Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Earnings Top 100 Fund
September 30, 2008
| Investments | Shares | Value | |||
| COMMON STOCKS – 99.8% | |||||
| Aerospace & Defense – 1.7% | |||||
| Boeing Co. (The) |
1,679 | $ | 96,291 | ||
| Lockheed Martin Corp. |
1,449 | 158,911 | |||
| Total Aerospace & Defense | 255,202 | ||||
| Air Freight & Logistics – 0.9% | |||||
| FedEx Corp. |
1,653 | 130,653 | |||
| Automobiles – 1.1% | |||||
| Harley-Davidson, Inc. |
4,300 | 160,390 | |||
| Capital Markets – 5.8% | |||||
| Goldman Sachs Group, Inc. |
1,448 | 185,344 | |||
| Legg Mason, Inc. |
2,368 | 90,126 | |||
| Morgan Stanley |
6,956 | 159,988 | |||
| TD Ameritrade Holding Corp.* |
25,847 | 418,721 | |||
| Total Capital Markets | 854,179 | ||||
| Chemicals – 4.4% | |||||
| Dow Chemical Co. (The) |
4,794 | 152,353 | |||
| E.I. Du Pont de Nemours & Co. |
3,961 | 159,628 | |||
| PPG Industries, Inc. |
2,709 | 157,989 | |||
| Rohm & Haas Co. |
2,659 | 186,131 | |||
| Total Chemicals | 656,101 | ||||
| Commercial Banks – 9.0% | |||||
| BB&T Corp. |
5,881 | 222,301 | |||
| Fifth Third Bancorp |
6,535 | 77,767 | |||
| KeyCorp |
11,805 | 140,952 | |||
| National City Corp. |
9,133 | 15,983 | |||
| PNC Financial Services Group, Inc. (The) |
2,328 | 173,902 | |||
| Regions Financial Corp. |
9,089 | 87,254 | |||
| SunTrust Banks, Inc. |
3,023 | 136,005 | |||
| U.S. Bancorp |
6,041 | 217,597 | |||
| Wachovia Corp. |
6,292 | 22,022 | |||
| Wells Fargo & Co. |
6,409 | 240,529 | |||
| Total Commercial Banks | 1,334,312 | ||||
| Commercial Services & Supplies – 0.9% | |||||
| Waste Management, Inc. |
4,376 | 137,800 | |||
| Computers & Peripherals – 1.2% | |||||
| International Business Machines Corp. |
1,478 | 172,867 | |||
| Consumer Finance – 2.1% | |||||
| Capital One Financial Corp. |
6,079 | 310,029 | |||
| Diversified Financial Services – 5.6% | |||||
| Bank of America Corp. |
5,463 | 191,205 | |||
| Citigroup, Inc. |
8,347 | 171,197 | |||
| JPMorgan Chase & Co. |
6,663 | 311,162 | |||
| Moody’s Corp. |
4,751 | 161,534 | |||
| Total Diversified Financial Services | 835,098 | ||||
| Diversified Telecommunication Services – 1.6% | |||||
| Qwest Communications International, Inc. |
75,540 | 243,994 | |||
| Investments | Shares | Value | |||
| Electric Utilities – 4.3% | |||||
| Duke Energy Corp. |
8,366 | $ | 145,819 | ||
| Edison International |
2,759 | 110,084 | |||
| Exelon Corp. |
1,792 | 112,215 | |||
| FirstEnergy Corp. |
1,980 | 132,640 | |||
| Progress Energy, Inc. |
3,050 | 131,547 | |||
| Total Electric Utilities | 632,305 | ||||
| Energy Equipment & Services – 1.1% | |||||
| Halliburton Co. |
4,968 | 160,914 | |||
| Food & Staples Retailing – 1.3% | |||||
| Wal-Mart Stores, Inc. |
3,262 | 195,361 | |||
| Food Products – 0.6% | |||||
| Archer-Daniels-Midland Co. |
3,764 | 82,469 | |||
| Health Care Providers & Services – 2.4% | |||||
| Aetna, Inc. |
2,583 | 93,272 | |||
| Cigna Corp. |
3,377 | 114,751 | |||
| UnitedHealth Group, Inc. |
2,567 | 65,176 | |||
| WellPoint, Inc.* |
1,839 | 86,010 | |||
| Total Health Care Providers & Services | 359,209 | ||||
| Household Durables – 0.9% | |||||
| Fortune Brands, Inc. |
2,286 | 131,125 | |||
| Household Products – 1.0% | |||||
| Kimberly-Clark Corp. |
2,197 | 142,453 | |||
| Insurance – 13.7% | |||||
| Allstate Corp. (The) |
7,173 | 330,820 | |||
| American International Group, Inc. |
4,262 | 14,192 | |||
| Berkshire Hathaway, Inc. Class B* |
43 | 188,985 | |||
| Chubb Corp. (The) |
5,420 | 297,558 | |||
| Genworth Financial, Inc. Class A |
11,461 | 98,679 | |||
| Hartford Financial Services Group, Inc. (The) |
2,864 | 117,395 | |||
| Lincoln National Corp. |
3,602 | 154,202 | |||
| Loews Corp. |
4,052 | 160,013 | |||
| Metlife, Inc. |
3,142 | 175,952 | |||
| Progressive Corp. (The) |
13,137 | 228,584 | |||
| Travelers Cos., Inc. (The) |
5,950 | 268,940 | |||
| Total Insurance | 2,035,320 | ||||
| Machinery – 4.2% | |||||
| Caterpillar, Inc. |
2,677 | 159,549 | |||
| Cummins, Inc. |
2,585 | 113,016 | |||
| Eaton Corp. |
2,081 | 116,911 | |||
| Paccar, Inc. |
3,239 | 123,697 | |||
| Parker Hannifin Corp. |
2,005 | 106,265 | |||
| Total Machinery | 619,438 | ||||
| Media – 2.4% | |||||
| CBS Corp. Class B |
6,531 | 95,222 | |||
| McGraw-Hill Cos., Inc. (The) |
3,400 | 107,474 | |||
| Walt Disney Co. (The) |
4,769 | 146,361 | |||
| Total Media | 349,057 | ||||
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 53 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree Earnings Top 100 Fund
September 30, 2008
| Investments | Shares | Value | |||
| Metals & Mining – 4.8% | |||||
| Alcoa, Inc. |
4,735 | $ | 106,916 | ||
| Allegheny Technologies, Inc. |
2,231 | 65,926 | |||
| Freeport-McMoRan Copper & Gold, Inc. |
1,736 | 98,692 | |||
| Nucor Corp. |
3,626 | 143,227 | |||
| Southern Copper Corp. |
5,601 | 106,867 | |||
| United States Steel Corp. |
2,347 | 182,151 | |||
| Total Metals & Mining | 703,779 | ||||
| Multiline Retail – 3.3% | |||||
| Kohl’s Corp.* |
3,978 | 183,306 | |||
| Macy’s, Inc. |
6,532 | 117,445 | |||
| Sears Holdings Corp.* |
2,016 | 188,497 | |||
| Total Multiline Retail | 489,248 | ||||
| Multi-Utilities – 0.9% | |||||
| Consolidated Edison, Inc. |
3,081 | 132,360 | |||
| Office Electronics – 0.8% | |||||
| Xerox Corp. |
9,900 | 114,147 | |||
| Oil, Gas & Consumable Fuels – 12.3% | |||||
| Apache Corp. |
1,492 | 155,586 | |||
| Chesapeake Energy Corp. |
4,850 | 173,921 | |||
| Chevron Corp. |
2,333 | 192,426 | |||
| ConocoPhillips |
2,493 | 182,612 | |||
| Devon Energy Corp. |
1,930 | 176,016 | |||
| Exxon Mobil Corp. |
2,080 | 161,533 | |||
| Hess Corp. |
1,920 | 157,594 | |||
| Marathon Oil Corp. |
4,390 | 175,029 | |||
| Occidental Petroleum Corp. |
2,121 | 149,424 | |||
| Valero Energy Corp. |
4,631 | 140,319 | |||
| XTO Energy, Inc. |
3,208 | 149,236 | |||
| Total Oil, Gas & Consumable Fuels | 1,813,696 | ||||
| Pharmaceuticals – 0.9% | |||||
| Wyeth |
3,494 | 129,068 | |||
| Real Estate Investment Trusts – 2.2% | |||||
| Boston Properties, Inc. |
2,304 | 215,793 | |||
| Prologis |
2,693 | 111,140 | |||
| Total Real Estate Investment Trusts | 326,933 | ||||
| Road & Rail – 3.9% | |||||
| Burlington Northern Santa Fe Corp. |
1,831 | 169,239 | |||
| CSX Corp. |
3,474 | 189,576 | |||
| Norfolk Southern Corp. |
3,344 | 221,407 | |||
| Total Road & Rail | 580,222 | ||||
| Semiconductors & Semiconductor Equipment – 0.9% | |||||
| Applied Materials, Inc. |
8,936 | 135,202 | |||
| Specialty Retail – 3.6% | |||||
| Best Buy Co., Inc. |
2,904 | 108,900 | |||
| Home Depot, Inc. |
8,420 | 217,994 | |||
| Lowe’s Cos., Inc. |
8,948 | 211,978 | |||
| Total Specialty Retail | 538,872 | ||||
| TOTAL COMMON STOCKS (Cost: $19,315,721) |
14,761,803 | ||||
| Investments | Shares | Value | |||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.0% | |||||
| MONEY MARKET FUND(a) – 0.0% | |||||
| UBS Private Money Market Fund LLC, 3.01% (Cost: $2)(b) |
2 | $ | 2 | ||
| TOTAL INVESTMENTS IN SECURITIES – 99.8% (Cost: $19,315,723)(c) |
14,761,805 | ||||
| Cash and Other Assets in Excess of Liabilities – 0.2% |
33,146 | ||||
| NET ASSETS – 100.0% | $ | 14,794,951 | |||
| * | Non-income producing security. |
| (a) |
Interest rate shown reflects yield as of September 30, 2008. |
| (b) |
At September 30, 2008, the total market value of the Fund’s securities on loan was $0 and the total market value of the collateral held by the Fund was $2. |
| (c) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 54 | WisdomTree Earnings Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Low P/E Fund
September 30, 2008
| Investments | Shares | Value | |||
| COMMON STOCKS – 99.5% | |||||
| Aerospace & Defense – 0.0% | |||||
| Ceradyne, Inc.* |
247 | $ | 9,055 | ||
| Air Freight & Logistics – 0.1% | |||||
| Air Transport Services Group, Inc.* |
1,772 | 1,311 | |||
| Atlas Air Worldwide Holdings, Inc.* |
143 | 5,764 | |||
| Pacer International, Inc. |
319 | 5,254 | |||
| Park-Ohio Holdings Corp.* |
85 | 1,521 | |||
| Total Air Freight & Logistics | 13,850 | ||||
| Airlines – 0.4% | |||||
| Alaska Air Group, Inc.* |
395 | 8,054 | |||
| AMR Corp.* |
3,378 | 33,171 | |||
| Continental Airlines, Inc. Class B* |
1,809 | 30,174 | |||
| Pinnacle Airlines Corp.* |
324 | 1,290 | |||
| Republic Airways Holdings, Inc.* |
351 | 3,577 | |||
| Skywest, Inc. |
450 | 7,191 | |||
| UAL Corp.* |
1,725 | 15,163 | |||
| US Airways Group, Inc.* |
2,679 | 16,154 | |||
| Total Airlines | 114,774 | ||||
| Auto Components – 0.1% | |||||
| ATC Technology Corp.* |
142 | 3,371 | |||
| Autoliv, Inc. |
462 | 15,593 | |||
| Spartan Motors, Inc. |
84 | 267 | |||
| Tenneco, Inc.* |
297 | 3,157 | |||
| Total Auto Components | 22,388 | ||||
| Automobiles – 0.3% | |||||
| Harley-Davidson, Inc. |
1,749 | 65,238 | |||
| Thor Industries, Inc. |
311 | 7,719 | |||
| Total Automobiles | 72,957 | ||||
| Building Products – 0.3% | |||||
| American Woodmark Corp. |
102 | 2,290 | |||
| Gibraltar Industries, Inc. |
199 | 3,723 | |||
| Insteel Industries, Inc. |
167 | 2,270 | |||
| Lennox International, Inc. |
419 | 13,940 | |||
| Masco Corp. |
2,606 | 46,751 | |||
| NCI Buildings Systems, Inc.* |
185 | 5,874 | |||
| Quanex Building Products Corp. |
221 | 3,368 | |||
| Simpson Manufacturing Co., Inc. |
268 | 7,260 | |||
| Universal Forest Products, Inc. |
137 | 4,783 | |||
| Total Building Products | 90,259 | ||||
| Capital Markets – 4.6% | |||||
| American Capital Ltd. |
1,390 | 35,459 | |||
| Apollo Investment Corp. |
763 | 13,009 | |||
| Ares Capital Corp. |
489 | 5,100 | |||
| E*Trade Financial Corp.* |
9,276 | 25,973 | |||
| Fortress Investment Group LLC, Class A |
1,270 | 13,335 | |||
| Goldman Sachs Group, Inc. |
4,507 | 576,896 | |||
| Hercules Technology Growth Capital, Inc. |
171 | 1,659 | |||
| Jefferies Group, Inc. |
794 | 17,786 | |||
| Knight Capital Group, Inc., Class A* |
627 | 9,317 | |||
| Investments | Shares | Value | |||
| Legg Mason, Inc. |
822 | $ | 31,285 | ||
| MCG Capital Corp. |
786 | 2,059 | |||
| Morgan Stanley |
13,089 | 301,047 | |||
| Patriot Capital Funding, Inc. |
193 | 1,229 | |||
| Piper Jaffray Cos., Inc.* |
99 | 4,282 | |||
| Prospect Capital Corp. |
143 | 1,832 | |||
| SWS Group, Inc. |
196 | 3,951 | |||
| TD Ameritrade Holding Corp.* |
9,838 | 159,376 | |||
| TICC Capital Corp. |
209 | 1,074 | |||
| Total Capital Markets | 1,204,669 | ||||
| Chemicals – 2.2% | |||||
| Dow Chemical Co. (The) |
6,446 | 204,854 | |||
| E.I. Du Pont de Nemours & Co. |
5,598 | 225,600 | |||
| H.B. Fuller Co. |
337 | 7,033 | |||
| Hercules, Inc. |
1,634 | 32,337 | |||
| ICO, Inc.* |
172 | 965 | |||
| LSB Industries, Inc.* |
137 | 1,897 | |||
| PPG Industries, Inc. |
1,038 | 60,536 | |||
| Quaker Chemical Corp. |
90 | 2,561 | |||
| RPM International, Inc. |
882 | 17,058 | |||
| Spartech Corp. |
268 | 2,653 | |||
| Valspar Corp. (The) |
616 | 13,731 | |||
| Westlake Chemical Corp. |
436 | 9,169 | |||
| Total Chemicals | 578,394 | ||||
| Commercial Banks – 9.6% | |||||
| Ameris Bancorp |
113 | 1,678 | |||
| Arrow Financial Corp. |
88 | 2,588 | |||
| Associated Banc-Corp |
884 | 17,636 | |||
| BancFirst Corp. |
96 | 4,640 | |||
| BancorpSouth, Inc. |
444 | 12,490 | |||
| Bank of Hawaii Corp. |
336 | 17,959 | |||
| Banner Corp. |
84 | 1,009 | |||
| BB&T Corp. |
3,959 | 149,650 | |||
| Capitol Bancorp Ltd. |
125 | 2,436 | |||
| Cascade Bancorp |
212 | 1,885 | |||
| Cathay General Bancorp |
363 | 8,639 | |||
| Center Financial Corp. |
175 | 2,235 | |||
| Central Pacific Financial Corp. |
341 | 5,732 | |||
| Citizens Republic Bankcorp, Inc. |
477 | 1,469 | |||
| City Bank (Lynnwood WA) |
165 | 2,574 | |||
| City Holding Co. |
118 | 4,986 | |||
| City National Corp. |
294 | 15,964 | |||
| Colonial BancGroup, Inc. (The) |
1,411 | 11,090 | |||
| Comerica, Inc. |
1,410 | 46,234 | |||
| Commerce Bancshares, Inc. |
371 | 17,214 | |||
| Community Trust Bancorp, Inc. |
110 | 3,784 | |||
| Cullen/Frost Bankers, Inc. |
322 | 19,320 | |||
| CVB Financial Corp. |
478 | 6,644 | |||
| East West Bancorp, Inc. |
536 | 7,343 | |||
| Enterprise Financial Services Corp. |
81 | 1,827 | |||
| Fifth Third Bancorp |
3,642 | 43,340 | |||
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 55 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Low P/E Fund
September 30, 2008
| Investments | Shares | Value | |||
| First Bancorp |
96 | $ | 1,642 | ||
| First Bancorp (Puerto Rico) |
500 | 5,530 | |||
| First Citizens BancShares, Inc. Class A |
58 | 10,382 | |||
| First Community Bancshares, Inc. |
83 | 3,114 | |||
| First Financial Corp. |
73 | 3,430 | |||
| First Merchants Corp. |
112 | 2,554 | |||
| First Midwest Bancorp, Inc. |
299 | 7,248 | |||
| First Regional Bancorp (Los Angeles CA)* |
128 | 800 | |||
| First South Bancorp, Inc. |
81 | 1,399 | |||
| First State Bancorporation (NM) |
129 | 689 | |||
| FNB Corp./PA |
377 | 6,024 | |||
| Frontier Financial Corp. |
310 | 4,163 | |||
| Fulton Financial Corp. |
1,093 | 11,925 | |||
| Great Southern Bancorp, Inc. |
116 | 1,479 | |||
| Green County Bancshares, Inc. |
74 | 1,740 | |||
| Hanmi Financial Corp. |
603 | 3,045 | |||
| Heartland Financial USA, Inc. |
101 | 2,531 | |||
| Heritage Commerce Corp. |
110 | 1,674 | |||
| Horizon Financial Corp. |
96 | 872 | |||
| Huntington Bancshares, Inc. |
2,446 | 19,544 | |||
| Independent Bank Corp. /MA |
83 | 2,587 | |||
| Integra Bank Corp. |
113 | 902 | |||
| International Bancshares Corp. |
445 | 12,015 | |||
| KeyCorp |
4,109 | 49,061 | |||
| Lakeland Financial Corp. |
96 | 2,108 | |||
| M&T Bank Corp. |
801 | 71,489 | |||
| MainSource Financial Group, Inc. |
130 | 2,548 | |||
| Marshall & Ilsley Corp. |
2,593 | 52,249 | |||
| Nara Bancorp, Inc. |
266 | 2,979 | |||
| National Penn Bancshares, Inc. |
318 | 4,643 | |||
| NBT Bancorp, Inc. |
194 | 5,804 | |||
| Old National Bancorp |
352 | 7,047 | |||
| Old Second Bancorp, Inc. |
71 | 1,315 | |||
| Pacific Capital Bancorp |
334 | 6,797 | |||
| PacWest Bancorp |
219 | 6,261 | |||
| Park National Corp. |
96 | 7,488 | |||
| Peoples Bancorp, Inc. |
70 | 1,524 | |||
| Popular, Inc. |
2,235 | 18,528 | |||
| Preferred Bank |
96 | 1,076 | |||
| Provident Bankshares Corp. |
211 | 2,049 | |||
| Regions Financial Corp. |
5,796 | 55,642 | |||
| Renasant Corp. |
124 | 2,692 | |||
| Republic Bancorp, Inc. Class A |
125 | 3,790 | |||
| S&T Bancorp, Inc. |
141 | 5,193 | |||
| Sandy Spring Bancorp, Inc. |
88 | 1,945 | |||
| Santander BanCorp |
321 | 3,467 | |||
| SCBT Financial Corp. |
56 | 2,106 | |||
| Security Bank Corp. |
250 | 1,038 | |||
| Sierra Bancorp |
73 | 1,523 | |||
| Simmons First National Corp. Class A |
82 | 2,919 | |||
| Southwest Bancorp, Inc. |
114 | 2,014 | |||
| Sterling Financial Corp. /WA |
453 | 6,569 | |||
| Suffolk Bancorp |
57 | 2,246 | |||
| Investments | Shares | Value | |||
| SunTrust Banks, Inc. |
2,539 | $ | 114,230 | ||
| SVB Financial Group* |
200 | 11,584 | |||
| SY Bancorp, Inc. |
85 | 2,603 | |||
| Synovus Financial Corp. |
2,041 | 21,124 | |||
| Taylor Capital Group, Inc. |
113 | 1,355 | |||
| TCF Financial Corp. |
1,034 | 18,612 | |||
| Trico Bancshares |
97 | 2,088 | |||
| Trustmark Corp. |
369 | 7,653 | |||
| U.S. Bancorp |
11,685 | 420,893 | |||
| UCBH Holdings, Inc. |
560 | 3,590 | |||
| Umpqua Holdings Corp. |
416 | 6,119 | |||
| Union Bankshares Corp. |
97 | 2,328 | |||
| United Bankshares, Inc. |
263 | 9,205 | |||
| United Community Banks, Inc. |
324 | 4,296 | |||
| Univest Corp. of Pennsylvania |
112 | 4,144 | |||
| Virginia Commerce Bancorp* |
203 | 1,269 | |||
| Wachovia Corp. |
17,654 | 61,789 | |||
| Washington Trust Bancorp, Inc. |
81 | 2,155 | |||
| Webster Financial Corp. |
365 | 9,216 | |||
| Wells Fargo & Co. |
23,588 | 885,257 | |||
| WesBanco, Inc. |
153 | 4,073 | |||
| West Coast Bancorp (OR) |
126 | 1,847 | |||
| Whitney Holding Corp. |
532 | 12,901 | |||
| Wilmington Trust Corp. |
516 | 14,876 | |||
| Wilshire Bancorp, Inc. |
293 | 3,566 | |||
| Zions Bancorp. |
1,015 | 39,281 | |||
| Total Commercial Banks | 2,515,819 | ||||
| Commercial Services & Supplies – 0.4% | |||||
| American Reprographics Co.* |
348 | 6,003 | |||
| Amrep Corp.* |
101 | 4,283 | |||
| Consolidated Graphics, Inc.* |
90 | 2,730 | |||
| Deluxe Corp. |
405 | 5,828 | |||
| Ennis, Inc. |
200 | 3,092 | |||
| Herman Miller, Inc. |
402 | 9,837 | |||
| IKON Office Solutions, Inc. |
782 | 13,302 | |||
| Knoll, Inc. |
321 | 4,854 | |||
| Mobile Mini, Inc.* |
193 | 3,731 | |||
| Pitney Bowes, Inc. |
1,252 | 41,642 | |||
| Schawk, Inc. |
168 | 2,540 | |||
| Standard Parking Corp.* |
123 | 2,733 | |||
| United Stationers, Inc.* |
246 | 11,766 | |||
| Total Commercial Services & Supplies | 112,341 | ||||
| Communications Equipment – 0.1% | |||||
| Arris Group, Inc.* |
1,177 | 9,098 | |||
| CommScope, Inc.* |
350 | 12,124 | |||
| Total Communications Equipment | 21,222 | ||||
| Computers & Peripherals – 3.5% | |||||
| Immersion Corp.* |
213 | 1,240 | |||
| International Business Machines Corp. |
7,275 | 850,884 | |||
| Intevac, Inc.* |
265 | 2,820 | |||
| Lexmark International, Inc. Class A* |
685 | 22,310 | |||
See Notes to Financial Statements.
| 56 | WisdomTree Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Low P/E Fund
September 30, 2008
| Investments | Shares | Value | |||
| Super Micro Computer, Inc.* |
212 | $ | 1,910 | ||
| Western Digital Corp.* |
1,495 | 31,873 | |||
| Total Computers & Peripherals | 911,037 | ||||
| Construction & Engineering – 0.1% | |||||
| EMCOR Group, Inc.* |
351 | 9,239 | |||
| Michael Baker Corp.* |
68 | 2,366 | |||
| Northwest Pipe Co.* |
55 | 2,399 | |||
| Perini Corp.* |
142 | 3,662 | |||
| Total Construction & Engineering | 17,666 | ||||
| Construction Materials – 0.0% | |||||
| Eagle Materials, Inc. |
318 | 7,114 | |||
| Consumer Finance – 1.4% | |||||
| Advance America Cash Advance Centers, Inc. |
559 | 1,671 | |||
| Advanta Corp. Class B |
838 | 6,897 | |||
| AmeriCredit Corp.* |
2,384 | 24,150 | |||
| Capital One Financial Corp. |
4,619 | 235,569 | |||
| Cash America International, Inc. |
169 | 6,091 | |||
| Credit Acceptance Corp.* |
253 | 4,301 | |||
| Discover Financial Services |
4,218 | 58,293 | |||
| Ezcorp, Inc. Class A* |
235 | 4,418 | |||
| First Cash Financial Services, Inc.* |
195 | 2,925 | |||
| First Marblehead Corp. (The) |
2,590 | 6,449 | |||
| Student Loan Corp. (The) |
132 | 12,276 | |||
| World Acceptance Corp.* |
125 | 4,500 | |||
| Total Consumer Finance | 367,540 | ||||
| Containers & Packaging – 0.3% | |||||
| AEP Industries, Inc.* |
81 | 1,620 | |||
| Crown Holdings, Inc.* |
1,065 | 23,654 | |||
| Rock-Tenn Co. Class A |
243 | 9,715 | |||
| Sealed Air Corp. |
1,189 | 26,146 | |||
| Sonoco Products Co. |
558 | 16,561 | |||
| Total Containers & Packaging | 77,696 | ||||
| Distributors – 0.0% | |||||
| Core-Mark Holding Co., Inc.* |
76 | 1,899 | |||
| Diversified Consumer Services – 0.0% | |||||
| Pre-Paid Legal Services, Inc.* |
86 | 3,548 | |||
| Regis Corp. |
268 | 7,370 | |||
| Total Diversified Consumer Services | 10,918 | ||||
| Diversified Financial Services – 14.4% | |||||
| Asset Acceptance Capital Corp. |
200 | 2,108 | |||
| Asta Funding, Inc. |
115 | 806 | |||
| Bank of America Corp. |
37,954 | 1,328,390 | |||
| Citigroup, Inc. |
46,861 | 961,119 | |||
| Encore Capital Group, Inc.* |
90 | 1,233 | |||
| Financial Federal Corp. |
194 | 4,446 | |||
| JPMorgan Chase & Co. |
30,586 | 1,428,367 | |||
| Moody’s Corp. |
1,648 | 56,032 | |||
| Portfolio Recovery Associates, Inc.* |
98 | 4,766 | |||
| Total Diversified Financial Services | 3,787,267 | ||||
| Investments | Shares | Value | |||
| Diversified Telecommunication Services – 0.8% | |||||
| CenturyTel, Inc. |
672 | $ | 24,629 | ||
| Cincinnati Bell, Inc.* |
1,511 | 4,669 | |||
| Embarq Corp. |
1,094 | 44,362 | |||
| Qwest Communications International, Inc. |
31,899 | 103,034 | |||
| Windstream Corp. |
2,910 | 31,835 | |||
| Total Diversified Telecommunication Services | 208,529 | ||||
| Electric Utilities – 0.7% | |||||
| ALLETE, Inc. |
183 | 8,144 | |||
| Cleco Corp. |
433 | 10,933 | |||
| Duke Energy Corp. |
7,222 | 125,880 | |||
| MGE Energy, Inc. |
126 | 4,479 | |||
| Portland General Electric Co. |
478 | 11,309 | |||
| Westar Energy, Inc. |
630 | 14,515 | |||
| Total Electric Utilities | 175,260 | ||||
| Electrical Equipment – 0.2% | |||||
| A.O. Smith Corp. |
209 | 8,191 | |||
| Acuity Brands, Inc. |
304 | 12,696 | |||
| AZZ, Inc.* |
82 | 3,392 | |||
| Encore Wire Corp. |
183 | 3,314 | |||
| GrafTech International Ltd.* |
555 | 8,386 | |||
| Regal-Beloit Corp. |
199 | 8,461 | |||
| Total Electrical Equipment | 44,440 | ||||
| Electronic Equipment & Instruments – 0.4% | |||||
| Anixter International, Inc.* |
293 | 17,436 | |||
| Arrow Electronics, Inc.* |
912 | 23,913 | |||
| Avnet, Inc.* |
996 | 24,532 | |||
| Benchmark Electronics, Inc.* |
450 | 6,336 | |||
| CPI International, Inc.* |
123 | 1,781 | |||
| Ingram Micro, Inc. Class A* |
1,035 | 16,632 | |||
| Insight Enterprises, Inc.* |
280 | 3,755 | |||
| LoJack Corp.* |
115 | 769 | |||
| SYNNEX Corp.* |
237 | 5,295 | |||
| Vishay Intertechnology, Inc.* |
1,233 | 8,162 | |||
| Total Electronic Equipment & Instruments | 108,611 | ||||
| Energy Equipment & Services – 2.6% | |||||
| Allis-Chalmers Energy, Inc.* |
269 | 3,403 | |||
| Basic Energy Services, Inc.* |
407 | 8,669 | |||
| BJ Services Co. |
2,558 | 48,934 | |||
| Bronco Drilling Co., Inc.* |
268 | 2,739 | |||
| Cal Dive International, Inc.* |
689 | 7,303 | |||
| Complete Production Services, Inc.* |
812 | 16,346 | |||
| ENSCO International, Inc. |
1,401 | 80,739 | |||
| Global Industries Ltd.* |
673 | 4,671 | |||
| Grey Wolf, Inc.* |
2,843 | 22,119 | |||
| Gulfmark Offshore, Inc.* |
200 | 8,976 | |||
| Halliburton Co. |
5,458 | 176,784 | |||
| Helmerich & Payne, Inc. |
794 | 34,293 | |||
| Hornbeck Offshore Services, Inc.* |
167 | 6,450 | |||
| Key Energy Group, Inc.* |
795 | 9,222 | |||
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 57 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Low P/E Fund
September 30, 2008
| Investments | Shares | Value | |||
| Lufkin Industries, Inc. |
113 | $ | 8,967 | ||
| Oil States International, Inc.* |
506 | 17,887 | |||
| Parker Drilling Co.* |
988 | 7,924 | |||
| Patterson-UTI Energy, Inc. |
2,152 | 43,082 | |||
| Pioneer Drilling Co.* |
473 | 6,291 | |||
| Pride International, Inc.* |
952 | 28,189 | |||
| Rowan Cos., Inc. |
853 | 26,059 | |||
| RPC, Inc. |
673 | 9,462 | |||
| SEACOR Holdings, Inc.* |
168 | 13,264 | |||
| Smith International, Inc. |
8 | 469 | |||
| Superior Energy Services, Inc.* |
633 | 19,712 | |||
| Superior Well Services, Inc.* |
172 | 4,353 | |||
| Tidewater, Inc. |
489 | 27,071 | |||
| Trico Marine Services, Inc.* |
110 | 1,879 | |||
| Union Drilling, Inc.* |
226 | 2,393 | |||
| Unit Corp.* |
501 | 24,960 | |||
| Total Energy Equipment & Services | 672,610 | ||||
| Food & Staples Retailing – 0.0% | |||||
| Andersons, Inc. (The) |
99 | 3,487 | |||
| Pantry, Inc. (The)* |
129 | 2,734 | |||
| Winn-Dixie Stores, Inc.* |
391 | 5,434 | |||
| Total Food & Staples Retailing | 11,655 | ||||
| Food Products – 0.3% | |||||
| American Dairy, Inc.* |
79 | 800 | |||
| Archer-Daniels-Midland Co. |
3,102 | 67,965 | |||
| Cal-Maine Foods, Inc. |
219 | 6,009 | |||
| Imperial Sugar Co. |
177 | 2,397 | |||
| Sanderson Farms, Inc. |
160 | 5,878 | |||
| TreeHouse Foods, Inc.* |
170 | 5,049 | |||
| Total Food Products | 88,098 | ||||
| Gas Utilities – 0.2% | |||||
| AGL Resources, Inc. |
445 | 13,964 | |||
| Atmos Energy Corp. |
557 | 14,827 | |||
| Nicor, Inc. |
251 | 11,132 | |||
| Southwest Gas Corp. |
249 | 7,535 | |||
| UGI Corp. |
584 | 15,056 | |||
| Total Gas Utilities | 62,514 | ||||
| Health Care Equipment & Supplies – 0.0% | |||||
| Aspect Medical Systems, Inc.* |
177 | 920 | |||
| Palomar Medical Technologies, Inc.* |
181 | 2,437 | |||
| Total Health Care Equipment & Supplies | 3,357 | ||||
| Health Care Providers & Services – 1.1% | |||||
| Apria Healthcare Group, Inc.* |
310 | 5,654 | |||
| Centene Corp.* |
266 | 5,456 | |||
| Cigna Corp. |
1,730 | 58,785 | |||
| Emergency Medical Services Corp. Class A* |
154 | 4,602 | |||
| Healthspring, Inc.* |
349 | 7,385 | |||
| LCA-Vision, Inc. |
166 | 770 | |||
| LifePoint Hospitals, Inc.* |
339 | 10,895 | |||
| Lincare Holdings, Inc.* |
534 | 16,068 | |||
| Investments | Shares | Value | |||
| National Healthcare Corp. |
72 | $ | 3,393 | ||
| Omnicare, Inc. |
766 | 22,038 | |||
| WellCare Health Plans, Inc.* |
420 | 15,120 | |||
| WellPoint, Inc.* |
3,073 | 143,724 | |||
| Total Health Care Providers & Services | 293,890 | ||||
| Hotels, Restaurants & Leisure – 0.4% | |||||
| AFC Enterprises, Inc.* |
165 | 1,198 | |||
| Ambassadors Group, Inc. |
160 | 2,546 | |||
| Bluegreen Corp.* |
389 | 2,688 | |||
| Brinker International, Inc. |
819 | 14,652 | |||
| Carrols Restaurant Group, Inc.* |
185 | 555 | |||
| CBRL Group, Inc. |
175 | 4,603 | |||
| CEC Entertainment, Inc.* |
211 | 7,005 | |||
| Darden Restaurants, Inc. |
1,085 | 31,063 | |||
| Dover Downs Gaming & Entertainment, Inc. |
200 | 1,556 | |||
| Jack in the Box, Inc.* |
378 | 7,976 | |||
| McCormick & Schmick’s Seafood Restaurants, Inc.* |
45 | 438 | |||
| Ruby Tuesday, Inc. |
506 | 2,930 | |||
| Wyndham Worldwide Corp. |
1,238 | 19,448 | |||
| Total Hotels, Restaurants & Leisure | 96,658 | ||||
| Household Durables – 1.2% | |||||
| Black & Decker Corp. (The) |
497 | 30,193 | |||
| Blyth, Inc. |
267 | 3,028 | |||
| Brookfield Homes Corp. |
473 | 6,792 | |||
| Ethan Allen Interiors, Inc. |
226 | 6,333 | |||
| Fortune Brands, Inc. |
916 | 52,541 | |||
| Harman International Industries, Inc. |
327 | 11,141 | |||
| Leggett & Platt, Inc. |
1,005 | 21,899 | |||
| Mohawk Industries, Inc.* |
481 | 32,415 | |||
| National Presto Industries, Inc. |
53 | 3,949 | |||
| NVR, Inc.* |
65 | 37,180 | |||
| Sealy Corp. |
529 | 3,417 | |||
| Stanley Works (The) |
568 | 23,708 | |||
| Toll Brothers, Inc.* |
1,163 | 29,342 | |||
| Whirlpool Corp. |
576 | 45,671 | |||
| Total Household Durables | 307,609 | ||||
| Household Products – 0.0% | |||||
| Central Garden and Pet Co. Class A* |
522 | 3,106 | |||
| Independent Power Producers & Energy – 0.2% | |||||
| Mirant Corp.* |
2,887 | 52,803 | |||
| Industrial Conglomerates – 0.1% | |||||
| Carlisle Cos., Inc. |
430 | 12,887 | |||
| Seaboard Corp. |
13 | 16,341 | |||
| Total Industrial Conglomerates | 29,228 | ||||
| Insurance – 14.0% | |||||
| Alleghany Corp.* |
47 | 17,155 | |||
| Allstate Corp. (The) |
7,264 | 335,015 | |||
| AMBAC Financial Group, Inc. |
682 | 1,589 | |||
| American Equity Investment Life Holding Co., Inc. |
672 | 5,040 | |||
See Notes to Financial Statements.
| 58 | WisdomTree Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Low P/E Fund
September 30, 2008
| Investments | Shares | Value | |||
| American Financial Group, Inc. |
1,159 | $ | 34,191 | ||
| American International Group, Inc. |
21,309 | 70,959 | |||
| American National Insurance Co. |
175 | 15,108 | |||
| American Physicians Capital, Inc. |
102 | 4,318 | |||
| Amerisafe, Inc.* |
223 | 4,059 | |||
| Amtrust Financial Services, Inc. |
585 | 7,950 | |||
| Assurant, Inc. |
935 | 51,425 | |||
| Baldwin & Lyons, Inc. Class B |
144 | 3,452 | |||
| Berkshire Hathaway, Inc. Class B* |
224 | 984,479 | |||
| Chubb Corp. (The) |
3,939 | 216,251 | |||
| Cincinnati Financial Corp. |
1,159 | 32,962 | |||
| CNA Financial Corp. |
2,557 | 67,096 | |||
| CNA Surety Corp.* |
363 | 6,062 | |||
| Darwin Professional Underwriters, Inc.* |
98 | 3,049 | |||
| Delphi Financial Group, Inc. Class A |
347 | 9,730 | |||
| Donegal Group, Inc. Class A |
195 | 3,535 | |||
| EMC Insurance Group, Inc. |
152 | 4,481 | |||
| Employers Holdings, Inc. |
852 | 14,808 | |||
| Erie Indemnity Co. Class A |
352 | 14,879 | |||
| FBL Financial Group, Inc. Class A |
210 | 5,857 | |||
| Fidelity National Financial, Inc. Class A |
1,335 | 19,625 | |||
| First Mercury Financial Corp.* |
142 | 2,024 | |||
| Fpic Insurance Group, Inc.* |
69 | 3,546 | |||
| Genworth Financial, Inc. Class A |
4,486 | 38,624 | |||
| Hallmark Financial Services, Inc.* |
138 | 1,254 | |||
| Hanover Insurance Group, Inc. (The) |
418 | 19,027 | |||
| Harleysville Group, Inc. |
221 | 8,354 | |||
| Hartford Financial Services Group, Inc. (The) |
2,946 | 120,757 | |||
| HCC Insurance Holdings, Inc. |
1,004 | 27,108 | |||
| Horace Mann Educators Corp. |
379 | 4,878 | |||
| Independence Holding Co. |
191 | 2,206 | |||
| Infinity Property & Casualty Corp. |
167 | 6,880 | |||
| Lincoln National Corp. |
2,022 | 86,562 | |||
| Loews Corp. |
3,540 | 139,795 | |||
| Markel Corp.* |
60 | 21,090 | |||
| MBIA, Inc. |
1,559 | 18,552 | |||
| Meadowbrook Insurance Group, Inc.* |
236 | 1,666 | |||
| Mercury General Corp. |
363 | 19,874 | |||
| Metlife, Inc. |
5,178 | 289,968 | |||
| National Interstate Corp. |
104 | 2,499 | |||
| National Western Life Insurance Co. Class A |
30 | 7,262 | |||
| Nationwide Financial Services, Inc. Class A |
1,232 | 60,775 | |||
| Navigators Group, Inc.* |
123 | 7,134 | |||
| Odyssey Re Holdings Corp. |
628 | 27,506 | |||
| Old Republic International Corp. |
1,860 | 23,715 | |||
| Philadelphia Consolidated Holding Co.* |
615 | 36,021 | |||
| Phoenix Cos., Inc. (The) |
994 | 9,185 | |||
| Presidential Life Corp. |
334 | 5,274 | |||
| ProAssurance Corp.* |
235 | 13,160 | |||
| Progressive Corp. (The) |
5,918 | 102,973 | |||
| Protective Life Corp. |
534 | 15,224 | |||
| Reinsurance Group of America, Inc. Class A |
492 | 26,568 | |||
| Investments | Shares | Value | |||
| RLI Corp. |
233 | $ | 14,467 | ||
| Safety Insurance Group, Inc. |
210 | 7,965 | |||
| SeaBright Insurance Holdings, Inc.* |
198 | 2,574 | |||
| Selective Insurance Group, Inc. |
436 | 9,993 | |||
| StanCorp Financial Group, Inc. |
364 | 18,928 | |||
| State Auto Financial Corp. |
334 | 9,709 | |||
| Torchmark Corp. |
701 | 41,920 | |||
| Transatlantic Holdings, Inc. |
518 | 28,153 | |||
| Travelers Cos., Inc. (The) |
7,110 | 321,371 | |||
| United Fire & Casualty Co. |
293 | 8,377 | |||
| Unitrin, Inc. |
378 | 9,427 | |||
| Universal Insurance Holdings, Inc. |
458 | 1,594 | |||
| Unum Group |
2,710 | 68,021 | |||
| W.R. Berkley Corp. |
1,992 | 46,912 | |||
| Zenith National Insurance Corp. |
492 | 18,027 | |||
| Total Insurance | 3,689,974 | ||||
| Internet & Catalog Retail – 0.0% | |||||
| NutriSystem, Inc.* |
369 | 6,539 | |||
| Internet Software & Services – 0.0% | |||||
| TheStreet.com, Inc. |
206 | 1,234 | |||
| IT Services – 0.3% | |||||
| Broadridge Financial Solutions, Inc. |
713 | 10,973 | |||
| Ciber, Inc.* |
350 | 2,447 | |||
| Convergys Corp.* |
822 | 12,149 | |||
| CSG Systems International, Inc.* |
304 | 5,329 | |||
| Global Cash Access Holdings, Inc.* |
569 | 2,879 | |||
| InfoGROUP, Inc. |
388 | 2,565 | |||
| SAIC, Inc.* |
1,425 | 28,828 | |||
| Total System Services, Inc. |
986 | 16,170 | |||
| Total IT Services | 81,340 | ||||
| Leisure Equipment & Products – 0.3% | |||||
| Hasbro, Inc. |
906 | 31,456 | |||
| Jakks Pacific, Inc.* |
253 | 6,302 | |||
| Mattel, Inc. |
2,320 | 41,853 | |||
| Pool Corp. |
291 | 6,789 | |||
| Total Leisure Equipment & Products | 86,400 | ||||
| Machinery – 2.2% | |||||
| American Railcar Industries, Inc. |
138 | 2,214 | |||
| Ampco-Pittsburgh Corp. |
88 | 2,279 | |||
| Cascade Corp. |
69 | 3,023 | |||
| Caterpillar, Inc. |
4,168 | 248,412 | |||
| Dover Corp. |
1,140 | 46,227 | |||
| Eaton Corp. |
930 | 52,247 | |||
| EnPro Industries, Inc.* |
249 | 9,253 | |||
| Freightcar America, Inc. |
195 | 5,708 | |||
| Gardner Denver, Inc.* |
445 | 15,450 | |||
| Hurco Cos., Inc.* |
43 | 1,272 | |||
| Mueller Industries, Inc. |
239 | 5,499 | |||
| NACCO Industries, Inc. Class A |
68 | 6,427 | |||
| Oshkosh Truck Corp. |
459 | 6,040 | |||
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 59 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Low P/E Fund
September 30, 2008
| Investments | Shares | Value | |||
| Paccar, Inc. |
2,136 | $ | 81,574 | ||
| Terex Corp.* |
751 | 22,921 | |||
| Timken Co. (The) |
710 | 20,129 | |||
| Trinity Industries, Inc. |
866 | 22,282 | |||
| Twin Disc, Inc. |
67 | 922 | |||
| Wabash National Corp. |
127 | 1,200 | |||
| Wabtec Corp. |
268 | 13,730 | |||
| Xerium Technologies, Inc. |
311 | 2,003 | |||
| Total Machinery | 568,812 | ||||
| Media – 0.6% | |||||
| AH Belo Corp. Class A |
116 | 599 | |||
| Belo Corp. Class A |
590 | 3,516 | |||
| CBS Corp. Class B |
4,081 | 59,501 | |||
| Cinemark Holdings, Inc. |
590 | 8,024 | |||
| Cox Radio, Inc. Class A* |
529 | 5,586 | |||
| Gannett Co., Inc. |
2,361 | 39,925 | |||
| Harte-Hanks, Inc. |
473 | 4,905 | |||
| Idearc, Inc. |
868 | 1,085 | |||
| Journal Communications, Inc. Class A |
459 | 2,240 | |||
| Lee Enterprises, Inc. |
478 | 1,673 | |||
| McClatchy Co. Class A |
856 | 3,766 | |||
| Media General, Inc. Class A |
127 | 1,579 | |||
| Regal Entertainment Group Class A |
1,470 | 23,197 | |||
| Scholastic Corp.* |
243 | 6,240 | |||
| Valassis Communications, Inc.* |
282 | 2,442 | |||
| Total Media | 164,278 | ||||
| Metals & Mining – 2.3% | |||||
| A.M. Castle & Co. |
166 | 2,868 | |||
| Alcoa, Inc. |
5,127 | 115,768 | |||
| Allegheny Technologies, Inc. |
709 | 20,951 | |||
| Brush Engineered Materials, Inc.* |
129 | 2,396 | |||
| Commercial Metals Co. |
948 | 16,012 | |||
| Freeport-McMoRan Copper & Gold, Inc. |
2,236 | 127,117 | |||
| Nucor Corp. |
2,098 | 82,871 | |||
| Olympic Steel, Inc. |
76 | 2,241 | |||
| Reliance Steel & Aluminum Co. |
633 | 24,035 | |||
| Schnitzer Steel Industries, Inc. Class A |
168 | 6,592 | |||
| Southern Copper Corp. |
6,075 | 115,911 | |||
| Steel Dynamics, Inc. |
1,326 | 22,661 | |||
| United States Steel Corp. |
938 | 72,798 | |||
| Universal Stainless & Alloy* |
69 | 1,763 | |||
| Total Metals & Mining | 613,984 | ||||
| Multiline Retail – 1.7% | |||||
| Big Lots, Inc.* |
696 | 19,370 | |||
| Bon-Ton Stores, Inc. (The) |
227 | 617 | |||
| Dillard’s, Inc. Class A |
767 | 9,051 | |||
| Dollar Tree Stores, Inc.* |
603 | 21,925 | |||
| Family Dollar Stores, Inc. |
1,017 | 24,103 | |||
| JC Penney Co., Inc. |
2,077 | 69,247 | |||
| Kohl’s Corp.* |
2,134 | 98,335 | |||
| Macy’s, Inc. |
2,885 | 51,872 | |||
| Investments | Shares | Value | |||
| Nordstrom, Inc. |
1,665 | $ | 47,985 | ||
| Retail Ventures, Inc.* |
1,330 | 5,187 | |||
| Sears Holdings Corp.* |
1,037 | 96,960 | |||
| Tuesday Morning Corp.* |
678 | 2,800 | |||
| Total Multiline Retail | 447,452 | ||||
| Multi-Utilities – 0.3% | |||||
| CH Energy Group, Inc. |
99 | 4,313 | |||
| NiSource, Inc. |
1,508 | 22,259 | |||
| OGE Energy Corp. |
588 | 18,157 | |||
| TECO Energy, Inc. |
1,303 | 20,496 | |||
| Total Multi-Utilities | 65,225 | ||||
| Oil, Gas & Consumable Fuels – 22.8% | |||||
| Alon USA Energy, Inc. |
400 | 5,392 | |||
| Atlas Energy Resources LLC |
219 | 5,650 | |||
| Aventine Renewable Energy Holdings, Inc.* |
349 | 1,103 | |||
| Chesapeake Energy Corp. |
3,091 | 110,843 | |||
| Chevron Corp. |
14,808 | 1,221,364 | |||
| Cimarex Energy Co. |
506 | 24,748 | |||
| ConocoPhillips |
11,062 | 810,292 | |||
| Delek US Holdings, Inc. |
433 | 4,014 | |||
| Devon Energy Corp. |
2,413 | 220,066 | |||
| Exxon Mobil Corp. |
35,396 | 2,748,852 | |||
| Frontier Oil Corp. |
962 | 17,720 | |||
| Hess Corp. |
1,444 | 118,524 | |||
| Holly Corp. |
506 | 14,634 | |||
| Marathon Oil Corp. |
6,001 | 239,260 | |||
| Mariner Energy Inc.* |
492 | 10,086 | |||
| Overseas Shipholding Group, Inc. |
253 | 14,752 | |||
| Southern Union Co. |
757 | 15,632 | |||
| St. Mary Land & Exploration Co. |
405 | 14,438 | |||
| Sunoco, Inc. |
1,084 | 38,569 | |||
| Swift Energy Co.* |
239 | 9,247 | |||
| Tesoro Corp. |
1,228 | 20,250 | |||
| USEC, Inc.* |
923 | 4,993 | |||
| Vaalco Energy, Inc.* |
464 | 3,174 | |||
| Valero Energy Corp. |
5,680 | 172,104 | |||
| Walter Industries, Inc. |
276 | 13,096 | |||
| Western Refining, Inc. |
923 | 9,332 | |||
| World Fuel Services Corp. |
158 | 3,639 | |||
| XTO Energy, Inc. |
2,571 | 119,603 | |||
| Total Oil, Gas & Consumable Fuels | 5,991,377 | ||||
| Paper & Forest Products – 0.0% | |||||
| Buckeye Technologies, Inc.* |
220 | 1,802 | |||
| Neenah Paper, Inc. |
96 | 1,901 | |||
| Wausau Paper Corp. |
297 | 3,008 | |||
| Total Paper & Forest Products | 6,711 | ||||
| Personal Products – 0.1% | |||||
| NBTY, Inc.* |
623 | 18,391 | |||
| Prestige Brands Holdings, Inc.* |
435 | 3,863 | |||
| Total Personal Products | 22,254 | ||||
See Notes to Financial Statements.
| 60 | WisdomTree Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Low P/E Fund
September 30, 2008
| Investments | Shares | Value | |||
| Pharmaceuticals – 1.3% | |||||
| Caraco Pharmaceutical Laboratories, Ltd.* |
179 | $ | 2,239 | ||
| King Pharmaceuticals, Inc.* |
1,595 | 15,280 | |||
| Salix Pharmaceuticals Ltd.* |
280 | 1,795 | |||
| Sepracor, Inc.* |
629 | 11,517 | |||
| Viropharma, Inc.* |
865 | 11,349 | |||
| Wyeth |
7,773 | 287,135 | |||
| Total Pharmaceuticals | 329,315 | ||||
| Professional Services – 0.3% | |||||
| COMSYS IT Partners, Inc.* |
169 | 1,643 | |||
| Heidrick & Struggles International, Inc.* |
114 | 3,437 | |||
| ICF International, Inc.* |
126 | 2,489 | |||
| Kelly Services, Inc. Class A |
248 | 4,724 | |||
| Kforce, Inc.* |
339 | 3,461 | |||
| Korn/Ferry International* |
276 | 4,918 | |||
| Manpower, Inc. |
619 | 26,716 | |||
| MPS Group, Inc.* |
626 | 6,310 | |||
| Navigant Consulting, Inc.* |
304 | 6,047 | |||
| School Specialty, Inc.* |
114 | 3,556 | |||
| Spherion Corp.* |
337 | 1,641 | |||
| TrueBlue, Inc.* |
403 | 6,512 | |||
| Volt Information Sciences, Inc.* |
186 | 1,670 | |||
| Total Professional Services | 73,124 | ||||
| Real Estate Investment Trusts – 0.7% | |||||
| Boston Properties, Inc. |
899 | 84,199 | |||
| Colonial Properties Trust |
1,243 | 23,232 | |||
| Medical Properties Trust, Inc. |
305 | 3,462 | |||
| Mission West Properties, Inc. |
194 | 1,890 | |||
| National Health Investors, Inc. |
252 | 8,613 | |||
| One Liberty Properties, Inc. |
125 | 2,209 | |||
| Prologis |
1,512 | 62,400 | |||
| Ramco-Gershenson Properties Trust |
175 | 3,924 | |||
| Total Real Estate Investment Trusts | 189,929 | ||||
| Real Estate Management & Development – 0.2% | |||||
| Avatar Holdings, Inc.* |
325 | 10,725 | |||
| CB Richard Ellis Group, Inc. Class A* |
1,414 | 18,905 | |||
| Jones Lang LaSalle, Inc. |
260 | 11,305 | |||
| Total Real Estate Management & Development | 40,935 | ||||
| Road & Rail – 0.8% | |||||
| Arkansas Best Corp. |
196 | 6,603 | |||
| Con-way, Inc. |
324 | 14,292 | |||
| Norfolk Southern Corp. |
2,250 | 148,972 | |||
| Old Dominion Freight Line, Inc.* |
268 | 7,595 | |||
| Ryder System, Inc. |
390 | 24,180 | |||
| Universal Truckload Services, Inc.* |
85 | 2,071 | |||
| YRC Worldwide, Inc.* |
675 | 8,073 | |||
| Total Road & Rail | 211,786 | ||||
| Semiconductors & Semiconductor Equipment – 0.3% |
|||||
| Advanced Energy Industries, Inc.* |
383 | 5,239 | |||
| Amkor Technology, Inc.* |
1,833 | 11,676 | |||
| Investments | Shares | Value | |||
| Cymer, Inc.* |
181 | $ | 4,585 | ||
| MKS Instruments, Inc.* |
447 | 8,900 | |||
| Novellus Systems, Inc.* |
627 | 12,314 | |||
| ON Semiconductor Corp.* |
2,279 | 15,407 | |||
| Photronics, Inc.* |
276 | 519 | |||
| RF Micro Devices, Inc.* |
1,957 | 5,714 | |||
| Silicon Image, Inc.* |
654 | 3,492 | |||
| Trident Microsystems, Inc.* |
388 | 931 | |||
| Total Semiconductors & Semiconductor Equipment | 68,777 | ||||
| Software – 0.1% | |||||
| i2 Technologies, Inc.* |
172 | 2,320 | |||
| Parametric Technology Corp.* |
781 | 14,371 | |||
| Total Software | 16,691 | ||||
| Specialty Retail – 4.3% | |||||
| Aaron Rents, Inc. |
319 | 8,635 | |||
| Advance Auto Parts, Inc. |
543 | 21,535 | |||
| American Eagle Outfitters, Inc. |
1,584 | 24,156 | |||
| Asbury Automotive Group, Inc. |
281 | 3,237 | |||
| AutoNation, Inc.* |
1,748 | 19,648 | |||
| Autozone, Inc.* |
418 | 51,556 | |||
| Bed Bath & Beyond, Inc.* |
1,617 | 50,790 | |||
| Big 5 Sporting Goods Corp. |
160 | 1,651 | |||
| Brown Shoe Co., Inc. |
263 | 4,308 | |||
| Build-A-Bear Workshop, Inc.* |
142 | 1,034 | |||
| Cabela’s, Inc.* |
513 | 6,197 | |||
| Casual Male Retail Group, Inc.* |
519 | 2,040 | |||
| Cato Corp. (The) Class A |
250 | 4,388 | |||
| Charlotte Russe Holding, Inc.* |
185 | 1,896 | |||
| Charming Shoppes, Inc.* |
1,514 | 7,403 | |||
| Chico’s FAS, Inc.* |
1,215 | 6,646 | |||
| Childrens Place Retail Stores, Inc. (The)* |
198 | 6,603 | |||
| Citi Trends, Inc.* |
48 | 782 | |||
| Coldwater Creek, Inc.* |
545 | 3,156 | |||
| Collective Brands, Inc.* |
594 | 10,876 | |||
| Conn’s, Inc.* |
186 | 3,480 | |||
| Dress Barn, Inc.* |
587 | 8,975 | |||
| Finish Line (The) Class A* |
46 | 460 | |||
| Foot Locker, Inc. |
979 | 15,821 | |||
| Genesco, Inc.* |
140 | 4,687 | |||
| Group 1 Automotive, Inc. |
229 | 4,976 | |||
| Gymboree Corp.* |
191 | 6,781 | |||
| Home Depot, Inc. |
13,856 | 358,731 | |||
| JOS A Bank Clothiers, Inc.* |
151 | 5,074 | |||
| Lithia Motors, Inc. Class A |
223 | 961 | |||
| Lowe’s Cos., Inc. |
11,020 | 261,063 | |||
| Ltd. Brands, Inc. |
3,407 | 59,009 | |||
| Men’s Wearhouse, Inc. (The) |
486 | 10,323 | |||
| New York & Co., Inc.* |
403 | 3,845 | |||
| Office Depot, Inc.* |
3,170 | 18,449 | |||
| OfficeMax, Inc. |
768 | 6,828 | |||
| Penske Auto Group, Inc. |
520 | 5,964 | |||
| RadioShack Corp. |
1,047 | 18,092 | |||
| Rent-A-Center, Inc.* |
906 | 20,186 | |||
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 61 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree Low P/E Fund
September 30, 2008
| Investments | Shares | Value | |||
| Ross Stores, Inc. |
785 | $ | 28,896 | ||
| Select Comfort Corp.* |
349 | 576 | |||
| Sherwin-Williams Co. (The) |
795 | 45,442 | |||
| Sonic Automotive, Inc. Class A |
532 | 4,501 | |||
| Stage Stores, Inc. |
290 | 3,961 | |||
| Stein Mart Inc. |
381 | 1,490 | |||
| Systemax, Inc.* |
227 | 3,192 | |||
| Tween Brands, Inc.* |
194 | 1,899 | |||
| Total Specialty Retail | 1,140,199 | ||||
| Textiles, Apparel & Luxury Goods – 0.5% | |||||
| Cherokee, Inc. |
88 | 1,934 | |||
| Columbia Sportswear Co. |
229 | 9,609 | |||
| G-III Apparel Group Ltd.* |
57 | 1,066 | |||
| Jones Apparel Group, Inc. |
1,384 | 25,618 | |||
| K-Swiss, Inc. Class A |
225 | 3,915 | |||
| Maidenform Brands, Inc.* |
223 | 3,236 | |||
| Movado Group, Inc. |
152 | 3,397 | |||
| Oxford Industries, Inc. |
144 | 3,720 | |||
| Perry Ellis International, Inc.* |
152 | 2,266 | |||
| Phillips-Van Heusen Corp. |
336 | 12,738 | |||
| Skechers U.S.A., Inc. Class A* |
283 | 4,763 | |||
| Steven Madden Ltd.* |
155 | 3,841 | |||
| VF Corp. |
656 | 50,715 | |||
| Weyco Group, Inc. |
72 | 2,410 | |||
| Wolverine World Wide, Inc. |
319 | 8,441 | |||
| Total Textiles, Apparel & Luxury Goods | 137,669 | ||||
| Thrifts & Mortgage Finance – 0.1% | |||||
| Anchor Bancorp Wisconsin, Inc. |
124 | 911 | |||
| BankUnited Financial Corp. Class A |
1,419 | 1,078 | |||
| Corus Bankshares, Inc. |
1,192 | 4,828 | |||
| Downey Financial Corp. |
334 | 935 | |||
| Federal Agricultural Mortgage Corp. Class C |
72 | 295 | |||
| First Financial Holdings, Inc. |
82 | 2,147 | |||
| First Place Financial Corp. (OH) |
144 | 1,850 | |||
| FirstFed Financial Corp.* |
276 | 2,164 | |||
| Ocwen Financial Corp.* |
918 | 7,391 | |||
| PMI Group, Inc. (The) |
1,258 | 3,711 | |||
| TierOne Corp. |
77 | 395 | |||
| WSFS Financial Corp. |
43 | 2,580 | |||
| Total Thrifts & Mortgage Finance | 28,285 | ||||
| Tobacco – 0.0% | |||||
| Universal Corp./VA |
166 | 8,149 | |||
| Trading Companies & Distributors – 0.3% | |||||
| Applied Industrial Technologies, Inc. |
238 | 6,409 | |||
| Beacon Roofing Supply, Inc.* |
239 | 3,733 | |||
| GATX Corp. |
377 | 14,918 | |||
| H&E Equipment Services, Inc.* |
321 | 3,101 | |||
| Houston Wire & Cable Co. |
181 | 3,108 | |||
| RSC Holdings, Inc.* |
768 | 8,724 | |||
| Rush Enterprises, Inc. Class A* |
279 | 3,571 | |||
| Investments | Shares | Value | |||
| TAL International Group, Inc. |
182 | $ | 3,789 | ||
| United Rentals, Inc.* |
1,009 | 15,377 | |||
| Watsco, Inc. |
157 | 7,894 | |||
| WESCO International, Inc.* |
505 | 16,252 | |||
| Total Trading Companies & Distributors | 86,876 | ||||
| Wireless Telecommunication Services – 0.0% | |||||
| Syniverse Holdings, Inc.* |
505 | 8,388 | |||
| USA Mobility, Inc.* |
281 | 3,091 | |||
| Total Wireless Telecommunication Services | 11,479 | ||||
| TOTAL COMMON STOCKS (Cost: $33,261,910) |
26,184,027 | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.0% | |||||
| MONEY MARKET FUND(a) – 0.0% | |||||
| UBS Private Money Market Fund LLC, 3.01% (Cost: $422)(b) |
422 | 422 | |||
| TOTAL INVESTMENTS IN SECURITIES – 99.5% (Cost: $33,262,332)(c) |
26,184,449 | ||||
| Cash and Other Assets in Excess of Liabilities – 0.5% |
136,570 | ||||
| NET ASSETS – 100.0% | $ | 26,321,019 | |||
| * | Non-income producing security. |
| (a) |
Interest rate shown reflects yield as of September 30, 2008. |
| (b) |
At September 30, 2008, the total market value of the Fund’s securities on loan was $0 and the total market value of the collateral held by the Fund was $422. |
| (c) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 62 | WisdomTree Earnings Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree India Earnings Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.4% | |||||
| Aerospace & Defense – 0.3% | |||||
| Bharat Electronics Ltd. |
35,638 | $ | 678,803 | ||
| Auto Components – 0.7% | |||||
| Amtek Auto Ltd. |
289,174 | 1,020,252 | |||
| Bharat Forge Ltd. |
87,695 | 344,599 | |||
| Total Auto Components | 1,364,851 | ||||
| Automobiles – 2.8% | |||||
| Hero Honda Motors Ltd. |
87,150 | 1,618,672 | |||
| Mahindra & Mahindra Ltd. |
245,560 | 2,663,959 | |||
| Maruti Suzuki India Ltd. |
103,277 | 1,517,764 | |||
| Total Automobiles | 5,800,395 | ||||
| Beverages – 0.4% | |||||
| United Spirits Ltd. |
33,248 | 895,993 | |||
| Biotechnology – 0.2% | |||||
| Biocon Ltd. |
95,886 | 364,332 | |||
| Chemicals – 1.4% | |||||
| Asian Paints Ltd. |
32,806 | 829,249 | |||
| Castrol India Ltd. |
11,780 | 85,782 | |||
| Gujarat Flourochemicals |
45,000 | 144,586 | |||
| Jubilant Organosys Ltd. |
45,428 | 273,932 | |||
| Pidilite Industries Ltd. |
10,000 | 27,755 | |||
| Sterling Biotech Ltd. |
55,201 | 201,986 | |||
| Tata Chemicals Ltd. |
156,770 | 755,227 | |||
| United Phosphorus Ltd. |
77,662 | 511,876 | |||
| Total Chemicals | 2,830,393 | ||||
| Commercial Banks – 7.5% | |||||
| Axis Bank Ltd. |
132,641 | 2,034,168 | |||
| Bank of India |
240,111 | 1,458,355 | |||
| Canara Bank |
331,875 | 1,338,029 | |||
| Corp. Bank |
116,846 | 678,461 | |||
| HDFC Bank Ltd. |
103,431 | 2,708,168 | |||
| ICICI Bank Ltd. |
514,022 | 5,861,481 | |||
| Industrial Development Bank of India Ltd. |
320,024 | 506,628 | |||
| Syndicate Bank |
464,432 | 647,228 | |||
| Yes Bank Ltd.* |
118,424 | 304,097 | |||
| Total Commercial Banks | 15,536,615 | ||||
| Construction & Engineering – 2.1% | |||||
| Gammon India Ltd. |
11,989 | 35,445 | |||
| GMR Infrastructure Ltd.* |
72,629 | 136,397 | |||
| Hindustan Construction Co. |
37,695 | 61,641 | |||
| IVRCL Infrastructures & Projects Ltd. |
184,137 | 915,882 | |||
| Lanco Infratech Ltd.* |
122,836 | 474,317 | |||
| Larsen & Toubro Ltd. |
40,240 | 2,096,096 | |||
| Nagarjuna Construction Co. |
186,910 | 382,655 | |||
| Punj Lloyd Ltd. |
58,090 | 355,046 | |||
| Total Construction & Engineering | 4,457,479 | ||||
| Construction Materials – 3.1% | |||||
| ACC Ltd. |
109,005 | 1,427,289 | |||
| Ambuja Cements Ltd. |
1,633,730 | 2,735,929 | |||
| Birla Corp. Ltd. |
114,491 | 305,699 | |||
| Investments | Shares | U.S. $ Value | |||
| India Cements Ltd. |
350,263 | $ | 924,041 | ||
| Ultra Tech Cement Ltd. |
84,634 | 952,842 | |||
| Total Construction Materials | 6,345,800 | ||||
| Diversified Financial Services – 2.8% | |||||
| Bajaj Holdings and Investment Ltd. |
49,858 | 479,524 | |||
| IFCI Ltd. |
2,215,404 | 1,733,548 | |||
| Indiabulls Financial Services Ltd. |
388,621 | 1,283,819 | |||
| Power Finance Corp. Ltd. |
196,070 | 519,764 | |||
| Reliance Capital Ltd. |
76,515 | 1,863,063 | |||
| Total Diversified Financial Services | 5,879,718 | ||||
| Diversified Telecommunications – 0.2% | |||||
| Mahanagar Telephone Nigam |
272,589 | 490,155 | |||
| Electric Utilities – 2.2% | |||||
| CESC Ltd. |
103,079 | 604,010 | |||
| Power Grid Corp. of India Ltd. |
354,545 | 647,716 | |||
| Reliance Infrastructure Ltd. |
120,276 | 2,023,807 | |||
| Tata Power Co., Ltd. |
68,331 | 1,319,844 | |||
| Total Electric Utilities | 4,595,377 | ||||
| Electrical Equipment – 2.0% | |||||
| Asea Brown Boveri India Ltd. |
24,305 | 408,577 | |||
| Bharat Heavy Electricals Ltd. |
76,646 | 2,596,890 | |||
| Crompton Greaves Ltd. |
80,661 | 397,938 | |||
| Exide Industries Ltd. |
71,052 | 90,772 | |||
| Suzlon Energy Ltd. |
209,665 | 679,017 | |||
| Total Electrical Equipment | 4,173,194 | ||||
| Energy Equipment & Services – 0.0% | |||||
| Aban Offshore Ltd. |
1,860 | 81,164 | |||
| Food Products – 1.1% | |||||
| Nestle India Ltd. |
11,817 | 425,490 | |||
| Tata Tea Ltd. |
133,724 | 1,904,567 | |||
| Total Food Products | 2,330,057 | ||||
| Gas Utilities – 1.2% | |||||
| GAIL India Ltd. |
290,173 | 2,524,533 | |||
| Health Care Providers & Services – 0.1% | |||||
| Apollo Hospitals Enterprise Ltd. |
27,274 | 260,487 | |||
| Hotels Restaurants & Leisure – 0.4% | |||||
| EIH Ltd. |
80,944 | 224,399 | |||
| Hotel Leela Venture Ltd. |
236,098 | 144,027 | |||
| Indian Hotels Co., Ltd. |
320,213 | 458,177 | |||
| Total Hotels Restaurants & Leisure | 826,603 | ||||
| Household Durables – 0.4% | |||||
| Videocon Industries Ltd. |
131,029 | 547,663 | |||
| Voltas Ltd. |
110,948 | 218,045 | |||
| Total Household Durables | 765,708 | ||||
| Household Products – 1.8% | |||||
| Hindustan Unilever Ltd. |
705,894 | 3,791,371 | |||
| Independent Power Producers – 1.7% | |||||
| BF Utilities Ltd.* |
2,621 | 70,675 | |||
| Neyveli Lignite Corp. Ltd. |
146,091 | 261,138 | |||
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 63 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree India Earnings Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| NTPC Ltd. |
843,840 | $ | 3,088,600 | ||
| Reliance Natural Resources Ltd.* |
30,695 | 48,005 | |||
| Reliance Power Ltd.* |
5,054 | 16,497 | |||
| Total Independent Power Producers | 3,484,915 | ||||
| Industrial Conglomerates – 0.9% | |||||
| Aditya Birla Nuvo Ltd. |
8,248 | 164,293 | |||
| Century Textile & Industries Ltd. |
30,850 | 218,114 | |||
| Jaiprakash Associates Ltd. |
380,391 | 900,255 | |||
| Siemens India Ltd. |
58,555 | 497,590 | |||
| Total Industrial Conglomerates | 1,780,252 | ||||
| IT Services – 12.0% | |||||
| GTL Ltd. |
153,846 | 537,716 | |||
| HCL Technologies Ltd. |
220,161 | 911,536 | |||
| HCL-Infosystems Ltd. |
256,906 | 568,897 | |||
| Infosys Technologies Ltd. |
433,695 | 12,910,194 | |||
| Mphasis Ltd. |
94,447 | 377,868 | |||
| Patni Computer Systems Ltd. |
232,534 | 885,278 | |||
| Satyam Computer Services Ltd. |
499,981 | 3,170,858 | |||
| Tata Consultancy Services Ltd. |
233,638 | 3,311,177 | |||
| Tech Mahindra Ltd. |
13,296 | 175,298 | |||
| Wipro Ltd. |
303,604 | 2,197,275 | |||
| Total IT Services | 25,046,097 | ||||
| Life Sciences Tools & Services – 0.2% | |||||
| Divi’s Laboratories Ltd. |
14,745 | 419,196 | |||
| Machinery – 1.8% | |||||
| Ashok Leyland Ltd. |
1,280,810 | 724,061 | |||
| BEML Ltd. |
14,852 | 216,542 | |||
| Cummins India Ltd. |
51,173 | 332,055 | |||
| Lakshmi Machine Works Ltd. |
2,000 | 37,362 | |||
| Tata Motors Ltd. |
310,777 | 2,275,657 | |||
| Thermax Ltd. |
26,708 | 237,139 | |||
| Total Machinery | 3,822,816 | ||||
| Marine – 0.3% | |||||
| Shipping Corp. Of India Ltd. |
169,176 | 522,855 | |||
| Media – 0.4% | |||||
| Deccan Chronicle Holdings Ltd. |
45,000 | 79,911 | |||
| Sun TV Network Ltd. |
16,943 | 72,134 | |||
| Zee Entertainment Enterprises Ltd. |
149,787 | 626,703 | |||
| Zee News Ltd. |
48,669 | 42,021 | |||
| Total Media | 820,769 | ||||
| Metals & Mining – 7.5% | |||||
| Hindalco Industries Ltd. |
900,439 | 1,883,703 | |||
| Hindustan Zinc Ltd. |
86,271 | 790,335 | |||
| Jindal Steel & Power Ltd. |
67,222 | 1,818,422 | |||
| JSW Steel Ltd. |
109,960 | 1,129,920 | |||
| Maharashtra Seamless Ltd. |
36,951 | 216,364 | |||
| National Aluminium Co., Ltd. |
96,791 | 764,291 | |||
| Sesa Goa Ltd. |
556,541 | 1,420,237 | |||
| Steel Authority Of India Ltd. |
1,368,168 | 3,720,112 | |||
| Sterlite Industries India Ltd. |
415,478 | 3,792,957 | |||
| Total Metals & Mining | 15,536,341 | ||||
| Investments | Shares | U.S. $ Value | |||
| Oil, Gas & Consumable Fuels – 27.8% | |||||
| Bharat Petroleum Corp. Ltd. |
222,087 | $ | 1,703,542 | ||
| Chennai Petroleum Corp. Ltd. |
55,000 | 248,329 | |||
| Great Eastern Shipping Co., Ltd. (The) |
194,326 | 1,255,785 | |||
| Hindustan Petroleum Corp. Ltd. |
251,622 | 1,297,891 | |||
| Indian Oil Corp. Ltd. |
330,931 | 2,865,039 | |||
| Mangalore Refinery & Petrochemicals Ltd. |
454,992 | 518,302 | |||
| Oil & Natural Gas Corp. Ltd. |
563,091 | 12,399,631 | |||
| Petronet LNG Ltd. |
382,397 | 427,871 | |||
| Reliance Industries Ltd. |
889,769 | 36,931,143 | |||
| Total Oil, Gas & Consumable Fuels | 57,647,533 | ||||
| Paper & Forest Products – 0.1% | |||||
| Ballarpur Industries Ltd. |
320,021 | 193,178 | |||
| Personal Products – 0.3% | |||||
| Colgate Palmolive India Ltd. |
19,669 | 169,426 | |||
| Dabur India Ltd. |
136,405 | 264,591 | |||
| Godrej Consumer Products Ltd. |
10,000 | 23,571 | |||
| Marico Ltd. |
82,549 | 102,472 | |||
| Total Personal Products | 560,060 | ||||
| Pharmaceuticals – 3.4% | |||||
| Aurobindo Pharma Ltd. |
57,681 | 340,510 | |||
| Cadila Healthcare Ltd. |
25,391 | 167,841 | |||
| Cipla Ltd./India |
236,773 | 1,152,733 | |||
| Dr. Reddys Laboratories Ltd. |
74,357 | 807,375 | |||
| GlaxoSmithKline Pharmaceuticals Ltd. |
22,525 | 567,262 | |||
| Glenmark Pharmaceuticals Ltd. |
75,321 | 784,163 | |||
| Lupin Ltd. |
27,963 | 428,570 | |||
| Nicholas Piramal India Ltd. |
55,069 | 387,764 | |||
| Ranbaxy Laboratories Ltd. |
98,775 | 519,691 | |||
| Sun Pharmaceutical Industries Ltd. |
53,839 | 1,700,459 | |||
| Wockhardt Ltd. |
65,852 | 217,123 | |||
| Total Pharmaceuticals | 7,073,491 | ||||
| Real Estate Management & Development – 2.7% | |||||
| DLF Ltd. |
391,401 | 2,938,945 | |||
| Housing Development & Infrastracture Ltd. |
439,827 | 1,593,922 | |||
| Indiabulls Real Estate Ltd. |
230,000 | 831,311 | |||
| Mahindra Lifespace Developers Ltd. |
7,665 | 55,825 | |||
| Parsvnath Developers Ltd. |
133,015 | 257,024 | |||
| Total Real Estate Management & Development | 5,677,027 | ||||
| Road & Rail – 0.2% | |||||
| Container Corp. Of India |
25,000 | 440,834 | |||
| Software – 0.6% | |||||
| Financial Technologies India Ltd. |
53,724 | 1,183,895 | |||
| Hinduja Ventures Ltd. |
36,058 | 95,702 | |||
| Total Software | 1,279,597 | ||||
| Textiles, Apparel & Luxury Goods – 0.0% | |||||
| Titan Industries Ltd. |
4,354 | 103,049 | |||
| Tobacco – 1.4% | |||||
| ITC Ltd. |
726,491 | 2,908,903 | |||
| Trading Companies & Distributors – 0.1% | |||||
| Adani Enterprises Ltd. |
29,316 | 292,349 | |||
See Notes to Financial Statements.
| 64 | WisdomTree Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree India Earnings Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Transportation Infrastructure – 0.0% | |||||
| Mundra Port & Special Economic Zone Ltd. |
10,739 | $ | 98,701 | ||
| Wireless Telecommunication Services – 7.3% | |||||
| Bharti Airtel Ltd.* |
491,427 | 8,212,424 | |||
| Idea Cellular Ltd.* |
556,837 | 891,010 | |||
| Reliance Communications Ltd. |
866,770 | 6,155,885 | |||
| Total Wireless Telecommunication Services | 15,259,319 | ||||
| TOTAL COMMON STOCKS (Cost: $287,958,085) |
206,960,310 | ||||
| RIGHTS* – 0.0% | |||||
| Metals & Mining – 0.0% | |||||
| Hindalco Industries Ltd., expiring 10/10/08 |
484,061 | 6,699 | |||
| Machinery – 0.0% | |||||
| Tata Motors Ltd., expiring 10/20/08 |
89,226 | 63,360 | |||
| TOTAL RIGHTS (Cost: $0) |
70,059 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 99.4% (Cost: $287,958,085)(a) |
207,030,369 | ||||
| Cash, Foreign Currency and Other Assets in |
1,226,835 | ||||
| NET ASSETS – 100.0% | $ | 208,257,204 | |||
| * | Non-income producing security. |
| (a) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 65 |
Table of Contents
Statements of Assets and Liabilities (unaudited)
WisdomTree Earnings Funds
September 30, 2008
| WisdomTree Total Earnings Fund |
WisdomTree Earnings 500 Fund |
WisdomTree MidCap Earnings Fund |
WisdomTree SmallCap Earnings Fund |
WisdomTree Earnings Top 100 Fund |
||||||||||||||||
| ASSETS: |
||||||||||||||||||||
| Investments, at cost: |
$ | 27,445,890 | $ | 96,516,259 | $ | 34,614,296 | $ | 24,554,516 | $ | 19,315,723 | ||||||||||
| Investments in securities, at value (including securities on loan) (Note 2) |
22,034,227 | 80,255,414 | 27,372,429 | 20,559,291 | 14,761,805 | |||||||||||||||
| Cash |
60,014 | 251,773 | 38,787 | 33,008 | 13,434 | |||||||||||||||
| Receivables: |
||||||||||||||||||||
| Investment securities sold |
33,115 | 132,702 | 18,912 | — | 444 | |||||||||||||||
| Dividends and interest |
30,978 | 115,986 | 29,596 | 22,395 | 23,966 | |||||||||||||||
| Total Assets |
22,158,334 | 80,755,875 | 27,459,724 | 20,614,694 | 14,799,649 | |||||||||||||||
| LIABILITIES: |
||||||||||||||||||||
| Payables: |
||||||||||||||||||||
| Collateral for securities on loan (Note 2) |
229 | — | 49 | 786 | 2 | |||||||||||||||
| Advisory fees (Note 3) |
5,363 | 19,095 | 9,156 | 6,246 | 4,643 | |||||||||||||||
| Service fees (Note 2) |
84 | 300 | 106 | 72 | 53 | |||||||||||||||
| Total Liabilities |
5,676 | 19,395 | 9,311 | 7,104 | 4,698 | |||||||||||||||
| NET ASSETS |
$ | 22,152,658 | $ | 80,736,480 | $ | 27,450,413 | $ | 20,607,590 | $ | 14,794,951 | ||||||||||
| NET ASSETS: |
||||||||||||||||||||
| Paid-in capital |
$ | 28,188,445 | $ | 98,730,826 | $ | 36,559,204 | $ | 26,008,618 | $ | 21,029,203 | ||||||||||
| Undistributed net investment income |
15,566 | 50,846 | 24,896 | 10,869 | 15,354 | |||||||||||||||
| Accumulated net realized loss on investments and foreign currency related transactions |
(639,690 | ) | (1,784,347 | ) | (1,891,820 | ) | (1,416,672 | ) | (1,695,688 | ) | ||||||||||
| Net unrealized depreciation on investments and translation of assets and liabilities denominated in foreign currencies |
(5,411,663 | ) | (16,260,845 | ) | (7,241,867 | ) | (3,995,225 | ) | (4,553,918 | ) | ||||||||||
| NET ASSETS |
$ | 22,152,658 | $ | 80,736,480 | $ | 27,450,413 | $ | 20,607,590 | $ | 14,794,951 | ||||||||||
| Outstanding beneficial interest shares of $0.001 par value |
550,000 | 2,000,000 | 700,000 | 550,000 | 400,000 | |||||||||||||||
| Net asset value per share |
$ | 40.28 | $ | 40.37 | $ | 39.21 | $ | 37.47 | $ | 36.99 | ||||||||||
See Notes to Financial Statements.
| 66 | WisdomTree Earnings Funds |
Table of Contents
Statements of Assets and Liabilities (unaudited) (concluded)
WisdomTree Earnings Funds
September 30, 2008
| WisdomTree Low P/E Fund |
WisdomTree India Earnings Fund |
|||||||
| ASSETS: |
||||||||
| Investments, at cost: |
$ | 33,262,332 | $ | 287,958,085 | ||||
| Foreign currency, at cost |
— | 755,406 | ||||||
| Investments in securities, at value (including securities on loan) (Note 2) |
26,184,449 | 207,030,369 | ||||||
| Cash |
41,861 | 7,389 | ||||||
| Foreign currency, at value |
— | 747,074 | ||||||
| Receivables: |
||||||||
| Capital shares sold |
1,880,073 | 70,674 | ||||||
| Investment securities sold |
76,603 | 366,931 | ||||||
| Dividends and interest |
25,848 | 213,391 | ||||||
| Total Assets |
28,208,834 | 208,435,828 | ||||||
| LIABILITIES: |
||||||||
| Payables: |
||||||||
| Investment securities purchased |
1,879,767 | — | ||||||
| Collateral for securities on loan (Note 2) |
422 | — | ||||||
| Advisory fees (Note 3) |
7,539 | 133,800 | ||||||
| Service fees (Note 2) |
87 | — | ||||||
| Other expenses |
— | 44,824 | ||||||
| Total Liabilities |
1,887,815 | 178,624 | ||||||
| NET ASSETS |
$ | 26,321,019 | $ | 208,257,204 | ||||
| NET ASSETS: |
||||||||
| Paid-in capital |
$ | 34,758,317 | $ | 314,032,172 | ||||
| Undistributed net investment income |
12,793 | 1,269,123 | ||||||
| Accumulated net realized loss on investments and foreign currency related transactions |
(1,372,208 | ) | (26,106,474 | ) | ||||
| Net unrealized depreciation on investments and translation of assets and liabilities denominated in foreign currencies |
(7,077,883 | ) | (80,937,617 | ) | ||||
| NET ASSETS |
$ | 26,321,019 | $ | 208,257,204 | ||||
| Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized) |
700,000 | 13,200,000 | ||||||
| Net asset value per share |
$ | 37.60 | $ | 15.78 | ||||
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 67 |
Table of Contents
Statements of Operations (unaudited)
WisdomTree Earnings Funds
For the Six Months Ended September 30, 2008
| WisdomTree Total Earnings Fund |
WisdomTree Earnings 500 Fund |
WisdomTree MidCap Earnings Fund |
WisdomTree SmallCap Earnings Fund |
WisdomTree Earnings Top 100 Fund |
||||||||||||||||
| INVESTMENT INCOME: |
||||||||||||||||||||
| Dividends1 |
$ | 255,396 | $ | 824,222 | $ | 247,892 | $ | 146,275 | $ | 180,174 | ||||||||||
| Securities lending income (Note 2) |
331 | 5,005 | 9,795 | 19,304 | 5,549 | |||||||||||||||
| Total investment income |
255,727 | 829,227 | 257,687 | 165,579 | 185,723 | |||||||||||||||
| EXPENSES: |
||||||||||||||||||||
| Advisory fees (Note 3) |
31,844 | 98,480 | 55,145 | 35,509 | 28,042 | |||||||||||||||
| Service fees (Note 2) |
501 | 1,548 | 639 | 411 | 324 | |||||||||||||||
| Total expenses |
32,345 | 100,028 | 55,784 | 35,920 | 28,366 | |||||||||||||||
| Net investment income |
223,382 | 729,199 | 201,903 | 129,659 | 157,357 | |||||||||||||||
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |
||||||||||||||||||||
| Net realized gain (loss) from: |
||||||||||||||||||||
| Investment transactions |
(308,770 | ) | (1,198,154 | ) | (80,165 | ) | (127,229 | ) | (979,942 | ) | ||||||||||
| In-kind redemptions |
— | — | 237,914 | 313,470 | — | |||||||||||||||
| Net realized gain (loss) |
(308,770 | ) | (1,198,154 | ) | 157,749 | 186,241 | (979,942 | ) | ||||||||||||
| Net change in unrealized appreciation (depreciation) from: |
||||||||||||||||||||
| Investment transactions |
(2,719,030 | ) | (9,571,749 | ) | (2,266,436 | ) | (642,826 | ) | (1,829,875 | ) | ||||||||||
| Net change in unrealized depreciation |
(2,719,030 | ) | (9,571,749 | ) | (2,266,436 | ) | (642,826 | ) | (1,829,875 | ) | ||||||||||
| Net realized and unrealized loss on investments |
(3,027,800 | ) | (10,769,903 | ) | (2,108,687 | ) | (456,585 | ) | (2,809,817 | ) | ||||||||||
| NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS |
$ | (2,804,418 | ) | $ | (10,040,704 | ) | $ | (1,906,784 | ) | $ | (326,926 | ) | $ | (2,652,460 | ) | |||||
| 1 |
Net of foreign withholding tax of $49, $0, $265, $169 and $0, respectively. |
See Notes to Financial Statements.
| 68 | WisdomTree Earnings Funds |
Table of Contents
Statements of Operations (unaudited) (concluded)
WisdomTree Earnings Funds
For the Six Months Ended September 30, 2008
| WisdomTree Low P/E Fund |
WisdomTree India Earnings Fund |
|||||||
| INVESTMENT INCOME: |
||||||||
| Dividends1 |
$ | 341,859 | $ | 2,598,325 | ||||
| Securities lending income (Note 2) |
4,828 | — | ||||||
| Total investment income |
346,687 | 2,598,325 | ||||||
| EXPENSES: |
||||||||
| Advisory fees (Note 3) |
49,286 | 845,477 | ||||||
| Service fees (Note 2) |
571 | — | ||||||
| Other expenses |
— | 254,140 | ||||||
| Total expenses |
49,857 | 1,099,617 | ||||||
| Net investment income |
296,830 | 1,498,708 | ||||||
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |
||||||||
| Net realized gain (loss) from: |
||||||||
| Investment transactions |
(707,836 | ) | (26,274,874 | ) | ||||
| In-kind redemptions |
80,653 | — | ||||||
| Foreign currency related transactions |
— | 169,579 | ||||||
| Net realized loss |
(627,183 | ) | (26,105,295 | ) | ||||
| Net change in unrealized depreciation from: |
||||||||
| Investment transactions |
(3,483,998 | ) | (70,305,622 | ) | ||||
| Translation of assets and liabilities denominated in foreign currencies |
— | (26,751 | ) | |||||
| Net change in unrealized depreciation |
(3,483,998 | ) | (70,332,373 | ) | ||||
| Net realized and unrealized loss on investments |
(4,111,181 | ) | (96,437,668 | ) | ||||
| NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS |
$ | (3,814,351 | ) | $ | (94,938,960 | ) | ||
| 1 |
Net of foreign withholding tax of $71 and $81,679, respectively. |
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 69 |
Table of Contents
Statements of Changes in Net Assets
WisdomTree Earnings Funds
| WisdomTree Total Earnings Fund |
WisdomTree Earnings 500 Fund |
WisdomTree MidCap Earnings Fund |
||||||||||||||||||||||
| For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
|||||||||||||||||||
| INCREASE (DECREASE) IN NET ASSETS |
|
|||||||||||||||||||||||
| Net investment income |
$ | 223,382 | $ | 301,327 | $ | 729,199 | $ | 748,681 | $ | 201,903 | $ | 373,125 | ||||||||||||
| Net realized gain (loss) on investments |
(308,770 | ) | 1,130,585 | (1,198,154 | ) | 797,669 | 157,749 | (194,381 | ) | |||||||||||||||
| Net change in unrealized depreciation on investments |
(2,719,030 | ) | (2,117,664 | ) | (9,571,749 | ) | (6,247,286 | ) | (2,266,436 | ) | (4,841,857 | ) | ||||||||||||
| Net decrease in net assets resulting from operations |
(2,804,418 | ) | (685,752 | ) | (10,040,704 | ) | (4,700,936 | ) | (1,906,784 | ) | (4,663,113 | ) | ||||||||||||
| DIVIDENDS: |
||||||||||||||||||||||||
| Net investment income |
(212,474 | ) | (307,119 | ) | (694,338 | ) | (740,878 | ) | (187,232 | ) | (365,601 | ) | ||||||||||||
| Total dividends |
(212,474 | ) | (307,119 | ) | (694,338 | ) | (740,878 | ) | (187,232 | ) | (365,601 | ) | ||||||||||||
| CAPITAL SHARE TRANSACTIONS: |
||||||||||||||||||||||||
| Net proceeds from sales of shares |
9,308,308 | 20,478,050 | 36,544,431 | 48,507,197 | 6,552,167 | 51,146,505 | ||||||||||||||||||
| Cost of shares redeemed |
(87 | ) | (28,121,045 | ) | (88 | ) | (7,676,471 | ) | (2,255,008 | ) | (25,747,883 | ) | ||||||||||||
| Net increase (decrease) in net assets resulting from capital share transactions |
9,308,221 | (7,642,995 | ) | 36,544,343 | 40,830,726 | 4,297,159 | 25,398,622 | |||||||||||||||||
| Net Increase (Decrease) in Net Assets |
6,291,329 | (8,635,866 | ) | 25,809,301 | 35,388,912 | 2,203,143 | 20,369,908 | |||||||||||||||||
| NET ASSETS: |
||||||||||||||||||||||||
| Beginning of period |
$ | 15,861,329 | $ | 24,497,195 | $ | 54,927,179 | $ | 19,538,267 | $ | 25,247,270 | $ | 4,877,362 | ||||||||||||
| End of period |
$ | 22,152,658 | $ | 15,861,329 | $ | 80,736,480 | $ | 54,927,179 | $ | 27,450,413 | $ | 25,247,270 | ||||||||||||
| Undistributed net investment income included in net assets at end of period |
$ | 15,566 | $ | 4,658 | $ | 50,846 | $ | 15,985 | $ | 24,896 | $ | 10,225 | ||||||||||||
| SHARES CREATED AND REDEEMED: |
||||||||||||||||||||||||
| Shares outstanding, beginning of period |
350,002 | 500,002 | 1,200,002 | 400,002 | 600,002 | 100,002 | ||||||||||||||||||
| Shares created |
200,000 | 400,000 | 800,000 | 950,000 | 150,000 | 1,050,000 | ||||||||||||||||||
| Shares redeemed |
(2 | ) | (550,000 | ) | (2 | ) | (150,000 | ) | (50,002 | ) | (550,000 | ) | ||||||||||||
| Shares outstanding, end of period |
550,000 | 350,002 | 2,000,000 | 1,200,002 | 700,000 | 600,002 | ||||||||||||||||||
See Notes to Financial Statements.
| 70 | WisdomTree Earnings Funds |
Table of Contents
Statements of Changes in Net Assets (continued)
WisdomTree Earnings Funds
| WisdomTree SmallCap Earnings Fund |
WisdomTree Earnings Top 100 Fund |
WisdomTree Low P/E Fund |
||||||||||||||||||||||
| For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
|||||||||||||||||||
| INCREASE (DECREASE) IN NET ASSETS |
|
|||||||||||||||||||||||
| Net investment income |
$ | 129,659 | $ | 195,970 | $ | 157,357 | $ | 288,595 | $ | 296,830 | $ | 489,428 | ||||||||||||
| Net realized gain (loss) on investments |
186,241 | (151,050 | ) | (979,942 | ) | 1,779,623 | (627,183 | ) | 436,964 | |||||||||||||||
| Net change in unrealized depreciation |
(642,826 | ) | (3,143,161 | ) | (1,829,875 | ) | (2,390,622 | ) | (3,483,998 | ) | (3,050,810 | ) | ||||||||||||
| Net decrease in net assets resulting from operations |
(326,926 | ) | (3,098,241 | ) | (2,652,460 | ) | (322,404 | ) | (3,814,351 | ) | (2,124,418 | ) | ||||||||||||
| DIVIDENDS: |
||||||||||||||||||||||||
| Net investment income |
(132,566 | ) | (186,563 | ) | (151,694 | ) | (293,724 | ) | (294,414 | ) | (485,812 | ) | ||||||||||||
| Total dividends |
(132,566 | ) | (186,563 | ) | (151,694 | ) | (293,724 | ) | (294,414 | ) | (485,812 | ) | ||||||||||||
| CAPITAL SHARE TRANSACTIONS: |
||||||||||||||||||||||||
| Net proceeds from sale of shares |
9,464,920 | 21,541,453 | 4,231,122 | 17,499,453 | 10,475,708 | 31,995,749 | ||||||||||||||||||
| Cost of shares redeemed |
(3,982,399 | ) | (12,279,047 | ) | (85 | ) | (28,203,060 | ) | (3,986,246 | ) | (29,974,021 | ) | ||||||||||||
| Net increase (decrease) in net assets resulting from capital share transactions |
5,482,521 | 9,262,406 | 4,231,037 | (10,703,607 | ) | 6,489,462 | 2,021,728 | |||||||||||||||||
| Net Increase (Decrease) in Net Assets |
5,023,029 | 5,977,602 | 1,426,883 | (11,319,735 | ) | 2,380,697 | (588,502 | ) | ||||||||||||||||
| NET ASSETS: |
||||||||||||||||||||||||
| Beginning of period |
$ | 15,584,561 | $ | 9,606,959 | $ | 13,368,068 | $ | 24,687,803 | $ | 23,940,322 | $ | 24,528,824 | ||||||||||||
| End of period |
$ | 20,607,590 | $ | 15,584,561 | $ | 14,794,951 | $ | 13,368,068 | $ | 26,321,019 | $ | 23,940,322 | ||||||||||||
| Undistributed net investment income |
$ | 10,869 | $ | 13,776 | $ | 15,354 | $ | 9,691 | $ | 12,793 | $ | 10,377 | ||||||||||||
| SHARES CREATED AND REDEEMED: |
||||||||||||||||||||||||
| Shares outstanding, beginning of period |
400,002 | 200,002 | 300,002 | 500,002 | 550,002 | 500,002 | ||||||||||||||||||
| Shares created |
250,000 | 500,000 | 100,000 | 350,000 | 250,000 | 650,000 | ||||||||||||||||||
| Shares redeemed |
(100,002 | ) | (300,000 | ) | (2 | ) | (550,000 | ) | (100,002 | ) | (600,000 | ) | ||||||||||||
| Shares outstanding, end of period |
550,000 | 400,002 | 400,000 | 300,002 | 700,000 | 550,002 | ||||||||||||||||||
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 71 |
Table of Contents
Statements of Changes in Net Assets (concluded)
WisdomTree Earnings Funds
| WisdomTree India Earnings Fund |
||||||||
| For the Six Months Ended September 30, 2008 (unaudited) |
For the Period February 22, 2008* through March 31, 2008 |
|||||||
| INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
||||||||
| Net investment income (loss) |
$ | 1,498,708 | $ | (39,971 | ) | |||
| Net realized loss on investments |
(26,105,295 | ) | (190,793 | ) | ||||
| Net change in unrealized depreciation on investments and translation of assets and liabilities |
(70,332,373 | ) | (10,605,244 | ) | ||||
| Net decrease in net assets resulting from operations |
(94,938,960 | ) | (10,836,008 | ) | ||||
| CAPITAL SHARE TRANSACTIONS: |
||||||||
| Net proceeds from sale of shares |
151,930,175 | 173,385,353 | ||||||
| Cost of shares redeemed |
(11,273,987 | ) | (9,469 | ) | ||||
| Net increase in net assets resulting from capital share transactions |
140,656,188 | 173,375,884 | ||||||
| Net Increase in Net Assets |
45,717,228 | 162,539,876 | ||||||
| NET ASSETS: |
||||||||
| Beginning of period |
$ | 162,539,976 | $ | 100 | ||||
| End of period |
$ | 208,257,204 | $ | 162,539,976 | ||||
| Undistributed net investment income (loss) included in net assets at end of period |
$ | 1,269,123 | $ | (229,585 | ) | |||
| SHARES CREATED AND REDEEMED: |
||||||||
| Shares outstanding, beginning of period |
7,200,004 | — | ||||||
| Shares created |
6,600,000 | 7,200,004 | ||||||
| Shares redeemed |
(600,004 | ) | — | |||||
| Shares outstanding, end of period |
13,200,000 | 7,200,004 | ||||||
| * | Commencement of investment operations. |
See Notes to Financial Statements.
| 72 | WisdomTree Earnings Funds |
Table of Contents
WisdomTree Earnings Funds
September 30, 2008
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree Total Earnings Fund |
|
For the Six Months Ended September 30, 2008 (unaudited) |
|
|
For the Year Ended March 31, 2008 |
|
|
For the Period February 23, 20071 through March 31, 2007 |
| |||
| Net asset value, beginning of period |
$ | 45.32 | $ | 48.99 | $ | 49.97 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
0.45 | 0.85 | 0.11 | |||||||||
| Net realized and unrealized loss |
(5.10 | ) | (3.56 | ) | (1.00 | ) | ||||||
| Total from investment operations |
(4.65 | ) | (2.71 | ) | (0.89 | ) | ||||||
| Dividends to shareholders: |
||||||||||||
| Net investment income |
(0.39 | ) | (0.96 | ) | (0.09 | ) | ||||||
| Total dividends to shareholders |
(0.39 | ) | (0.96 | ) | (0.09 | ) | ||||||
| Net asset value, end of period |
$ | 40.28 | $ | 45.32 | $ | 48.99 | ||||||
| TOTAL RETURN3 |
(10.32 | )% | (5.69 | )% | (1.79 | )% | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 22,153 | $ | 15,861 | $ | 24,497 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements |
0.28 | %4 | 0.28 | % | 0.28 | %4 | ||||||
| Expenses, prior to expense reimbursements |
0.28 | %4 | 0.28 | % | 0.35 | %4 | ||||||
| Net investment income |
1.96 | %4 | 1.76 | % | 2.21 | %4 | ||||||
| Portfolio turnover rate5 |
1 | % | 11 | % | 1 | % | ||||||
| WisdomTree Earnings 500 Fund |
|
For the Six Months Ended September 30, 2008 (unaudited) |
|
|
For the Year Ended March 31, 2008 |
|
|
For the Period February 23, 20071 through March 31, 2007 |
| |||
| Net asset value, beginning of period |
$ | 45.77 | $ | 48.85 | $ | 49.77 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
0.46 | 0.94 | 0.11 | |||||||||
| Net realized and unrealized loss |
(5.47 | ) | (3.18 | ) | (0.94 | ) | ||||||
| Total from investment operations |
(5.01 | ) | (2.24 | ) | (0.83 | ) | ||||||
| Dividends to shareholders: |
||||||||||||
| Net investment income |
(0.39 | ) | (0.84 | ) | (0.09 | ) | ||||||
| Total dividends to shareholders |
(0.39 | ) | (0.84 | ) | (0.09 | ) | ||||||
| Net asset value, end of period |
$ | 40.37 | $ | 45.77 | $ | 48.85 | ||||||
| TOTAL RETURN3 |
(11.00 | )% | (4.72 | )% | (1.67 | )% | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 80,736 | $ | 54,927 | $ | 19,538 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements |
0.28 | %4 | 0.28 | % | 0.28 | %4 | ||||||
| Expenses, prior to expense reimbursements |
0.28 | %4 | 0.28 | % | 0.37 | %4 | ||||||
| Net investment income |
2.07 | %4 | 1.93 | % | 2.24 | %4 | ||||||
| Portfolio turnover rate5 |
1 | % | 8 | % | 1 | % | ||||||
| 1 |
Commencement of investment operations. |
| 2 |
Based on average shares outstanding. |
| 3 |
Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. The total return would have been lower if certain expenses had not been reimbursed by the investment adviser (Note 2). |
| 4 |
Annualized. |
| 5 |
Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 73 |
Table of Contents
Financial Highlights (continued)
WisdomTree Earnings Funds
September 30, 2008
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree MidCap Earnings Fund |
|
For the Six Months Ended September 30, 2008 (unaudited) |
|
|
For the Year Ended March 31, 2008 |
|
|
For the Period February 23, 20071 through March 31, 2007 |
| |||
| Net asset value, beginning of period |
$ | 42.08 | $ | 48.77 | $ | 50.01 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
0.30 | 0.81 | 0.07 | |||||||||
| Net realized and unrealized loss |
(2.90 | ) | (6.90 | ) | (1.25 | ) | ||||||
| Total from investment operations |
(2.60 | ) | (6.09 | ) | (1.18 | ) | ||||||
| Dividends to shareholders: |
||||||||||||
| Net investment income |
(0.27 | ) | (0.60 | ) | (0.06 | ) | ||||||
| Total dividends to shareholders |
(0.27 | ) | (0.60 | ) | (0.06 | ) | ||||||
| Net asset value, end of period |
$ | 39.21 | $ | 42.08 | $ | 48.77 | ||||||
| TOTAL RETURN3 |
(6.24 | )% | (12.57 | )% | (2.37 | )% | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 27,450 | $ | 25,247 | $ | 4,877 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements |
0.38 | %4 | 0.38 | % | 0.38 | %4 | ||||||
| Expenses, prior to expense reimbursements |
0.38 | %4 | 0.38 | % | 0.74 | %4 | ||||||
| Net investment income |
1.39 | %4 | 1.70 | % | 1.47 | %4 | ||||||
| Portfolio turnover rate5 |
3 | % | 45 | % | 0 | %6 | ||||||
| WisdomTree SmallCap Earnings Fund |
|
For the Six Months Ended September 30, 2008 (unaudited) |
|
|
For the Year Ended March 31, 2008 |
|
|
For the Period February 23, 20071 through March 31, 2007 |
| |||
| Net asset value, beginning of period |
$ | 38.96 | $ | 48.03 | $ | 50.03 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
0.27 | 0.58 | 0.06 | |||||||||
| Net realized and unrealized loss |
(1.46 | ) | (9.17 | ) | (2.02 | ) | ||||||
| Total from investments operations |
(1.19 | ) | (8.59 | ) | (1.96 | ) | ||||||
| Dividends to shareholders: |
||||||||||||
| Net investment income |
(0.30 | ) | (0.48 | ) | (0.04 | ) | ||||||
| Total dividends to shareholders |
(0.30 | ) | (0.48 | )3 | (0.04 | ) | ||||||
| Net asset value, end of period |
$ | 37.47 | $ | 38.96 | $ | 48.03 | ||||||
| TOTAL RETURN3 |
(3.07 | )% | (17.97 | )% | (3.92 | )% | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 20,608 | $ | 15,585 | $ | 9,607 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements |
0.38 | %4 | 0.38 | % | 0.38 | %4 | ||||||
| Expenses, prior to expense reimbursements |
0.38 | %4 | 0.38 | % | 0.58 | %4 | ||||||
| Net investment income |
1.39 | %4 | 1.28 | % | 1.39 | %4 | ||||||
| Portfolio turnover rate5 |
4 | % | 37 | % | 0 | %6 | ||||||
| 1 |
Commencement of investment operations. |
| 2 |
Based on average shares outstanding. |
| 3 |
Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. The total return would have been lower if certain expenses had not been reimbursed by the investment adviser (Note 2). |
| 4 |
Annualized. |
| 5 |
Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| 6 |
Amount represents less than 1%. |
See Notes to Financial Statements.
| 74 | WisdomTree Earnings Funds |
Table of Contents
Financial Highlights (continued)
WisdomTree Earnings Funds
September 30, 2008
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree Earnings Top 100 Fund |
|
For the Six Months Ended September 30, 2008 (unaudited) |
|
|
For the Year Ended March 31, 2008 |
|
|
For the Period February 23, 20071 through March 31, 2007 |
| |||
| Net asset value, beginning of period |
$ | 44.56 | $ | 49.38 | $ | 50.15 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
0.46 | 0.90 | 0.10 | |||||||||
| Net realized and unrealized loss |
(7.62 | ) | (4.69 | ) | (0.80 | ) | ||||||
| Total from investment operations |
(7.16 | ) | (3.79 | ) | (0.70 | ) | ||||||
| Dividends to shareholders: |
||||||||||||
| Net investment income |
(0.41 | ) | (1.03 | ) | (0.07 | ) | ||||||
| Total dividends to shareholders |
(0.41 | ) | (1.03 | ) | (0.07 | ) | ||||||
| Net asset value, end of period |
$ | 36.99 | $ | 44.56 | $ | 49.38 | ||||||
| TOTAL RETURN3 |
(16.18 | )% | (7.89 | )% | (1.39 | )% | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 14,795 | $ | 13,368 | $ | 24,688 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements |
0.38 | %4 | 0.38 | % | 0.38 | %4 | ||||||
| Expenses, prior to expense reimbursements |
0.38 | %4 | 0.38 | % | 0.45 | %4 | ||||||
| Net investment income |
2.13 | %4 | 1.83 | % | 2.03 | %4 | ||||||
| Portfolio turnover rate5 |
2 | % | 13 | % | 2 | % | ||||||
| WisdomTree Low P/E Fund |
|
For the Six Months Ended September 30, 2008 (unaudited) |
|
|
For the Year Ended March 31, 2008 |
|
|
For the Period February 23, 20071 through March 31, 2007 |
| |||
| Net asset value, beginning of period |
$ | 43.53 | $ | 49.06 | $ | 49.99 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
0.48 | 1.03 | 0.10 | |||||||||
| Net realized and unrealized loss |
(5.97 | ) | (5.49 | ) | (0.95 | ) | ||||||
| Total from investments operations |
(5.49 | ) | (4.46 | ) | (0.85 | ) | ||||||
| Dividends to shareholders: |
||||||||||||
| Net investment income |
(0.44 | ) | (1.07 | ) | (0.08 | ) | ||||||
| Total dividends to shareholders |
(0.44 | ) | (1.07 | ) | (0.08 | ) | ||||||
| Net asset value, end of period |
$ | 37.60 | $ | 43.53 | $ | 49.06 | ||||||
| TOTAL RETURN3 |
(12.69 | )% | (9.31 | )% | (1.69 | )% | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 26,321 | $ | 23,940 | $ | 24,529 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements |
0.38 | %4 | 0.38 | % | 0.38 | %4 | ||||||
| Expenses, prior to expense reimbursements |
0.38 | %4 | 0.38 | % | 0.45 | %4 | ||||||
| Net investment income |
2.29 | %4 | 2.10 | % | 1.98 | %4 | ||||||
| Portfolio turnover rate5 |
2 | % | 20 | % | 1 | % | ||||||
| 1 |
Commencement of investment operations. |
| 2 |
Based on average shares outstanding. |
| 3 |
Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. The total return would have been lower if certain expenses had not been reimbursed by the investment adviser (Note 2). |
| 4 |
Annualized. |
| 5 |
Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| WisdomTree Earnings Funds | 75 |
Table of Contents
Financial Highlights (concluded)
WisdomTree Earnings Funds
September 30, 2008
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree India Earnings Fund |
|
For the Six Months Ended September 30, 2008 (unaudited) |
|
|
For the Period February 22, 20081 through March 31, 2008 |
| ||
| Net asset value, beginning of period |
$ | 22.57 | $ | 24.94 | ||||
| Investment operations: |
||||||||
| Net investment income (loss)2 |
0.13 | (0.01 | ) | |||||
| Net realized and unrealized loss |
(6.92 | ) | (2.36 | ) | ||||
| Total from investment operations |
(6.79 | ) | (2.37 | ) | ||||
| Net asset value, end of period |
$ | 15.78 | $ | 22.57 | ||||
| TOTAL RETURN3 |
(30.08 | )% | (9.50 | )% | ||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||
| Net assets, end of period (000’s omitted) |
$ | 208,257 | $ | 162,540 | ||||
| Ratio to average net assets of: |
||||||||
| Expenses, net of expense reimbursements |
0.88 | %4 | 0.88 | %4 | ||||
| Expenses, prior to expense reimbursements |
0.88 | %4 | 2.10 | %4 | ||||
| Net investment income (loss) |
1.21 | %4 | (0.41 | )%4 | ||||
| Portfolio turnover rate5 |
28 | % | 0 | %6 | ||||
| 1 |
Commencement of investment operations. |
| 2 |
Based on average shares outstanding. |
| 3 |
Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. The total return would have been lower if certain expenses had not been reimbursed by the investment adviser (Note 2). |
| 4 |
Annualized. |
| 5 |
Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| 6 |
Amount represents less than 1%. |
See Notes to Financial Statements.
| 76 | WisdomTree Earnings Funds |
Table of Contents
Notes to Financial Statements (unaudited)
1. ORGANIZATION
WisdomTree Trust (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Trust was established as a Delaware statutory trust pursuant to a Trust Instrument dated December 15, 2005. As of September 30, 2008, the Trust offered 49 investment funds (each a “Fund”, collectively, the “Funds”). The Funds described herein commenced operations on February 23, 2007, with the exception of the India Earnings Fund which commenced operations on February 22, 2008.
These financial statements relate only to the WisdomTree Total Earnings Fund (“Total Earnings Fund”), WisdomTree Earnings 500 Fund (“Earnings 500 Fund”), WisdomTree MidCap Earnings Fund (“MidCap Earnings Fund”), WisdomTree SmallCap Earnings Fund (“SmallCap Earnings Fund”), WisdomTree Earnings Top 100 Fund (“Earnings Top 100 Fund”), WisdomTree Low P/E Fund (“Low P/E Fund”) and WisdomTree India Earnings Fund (“India Earnings Fund”), together the “Earnings Funds”. The India Earnings Fund makes it investments through the WisdomTree India Investment Portfolio, Inc. (the “Portfolio”) a wholly owned subsidiary organized in the Republic of Mauritius. The Portfolio is advised by WisdomTree Asset Management and is sub-advised by Mellon Capital Management, Inc. This structure should permit the India Earnings Fund to benefit from a tax treaty between India and Mauritius. Recently, the Supreme Court of India upheld the validity of this tax treaty in response to a lower court challenge contesting the treaty’s applicability to entities such as WisdomTree India Earnings Fund. No assurance can be given that the terms of the treaty will not be subject to re-negotiation in the future or subject to a different interpretation. Any change in the provision of this treaty or in its applicability to WisdomTree India Earnings Fund could result in the imposition of withholding and other taxes on the India Earnings Fund by tax authorities in India. This would reduce the return to the India Earnings Fund on its investments and the return received by India Earnings Fund shareholders. References to investments by the India Earnings Fund herein should be understood to refer to investments by the Portfolio.
Each Fund seeks investment returns that closely correspond to the price and yield performance, before fees and expenses, of a particular index (“Index”) developed by WisdomTree Investments, Inc. (“WisdomTree Investments”). Each Fund described herein is considered to be non-diversified. The securities in each Index are weighted based on earnings or earnings yield.
In the normal course of business the Funds may enter into contracts that contain a variety of representations or that provide indemnification for certain liabilities. The Funds’ maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Funds that have not yet occurred. However, the Funds have not had prior claims or losses pursuant to these contracts and expect the risk of loss to be remote.
The preparation of financial statements in conformity with U.S. Generally Accepted Accounting Principles (“U.S. GAAP”), requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in the net assets from operations during the reporting period. Actual results could differ from those estimates.
2. SIGNIFICANT ACCOUNTING POLICIES
(a) Investment Valuation — The Net Asset Value (“NAV”) of each Fund’s shares is calculated each day the national securities exchanges are open for trading as of the close of regular trading on the New York Stock Exchange, generally 4:00 p.m. New York time. NAV per share is calculated by dividing a Fund’s net assets by the number of Fund shares outstanding. Securities traded on any recognized U.S. or non-U.S. exchange are valued at the last sale price or official closing price on the exchange or system on which they are principally traded. Events occurring after the close of trading on non-U.S. exchanges may result in adjustments to the valuation of foreign securities to more accurately reflect their fair value as of the close of regular trading on the New York Stock Exchange. The Fund may rely on an independent fair valuation service in adjusting the valuations of foreign securities. Unlisted equity securities are valued at the last quoted sale price or, if no sale price is available, at the mean between the most recently quoted bid and asked prices. Securities for which market quotations are not readily available are valued at fair value as determined by management and in accordance with procedures approved by the Board of Trustees. Short-term securities with 60 days or less remaining to maturity are valued using the amortized cost method, which approximates current market value.
Effective April 1, 2008, the Funds adopted Financial Accounting Standards Board (“FASB”) Statement of Financial Accounting Standards No. 157 (“FAS 157”), “Fair Value Measurements.” This standard defines fair value, establishes a framework for measuring fair value in accordance with generally accepted accounting principles and expands disclosure about fair value measurements. Various inputs are used in determining the value of the Funds’ investments. These inputs are summarized in the three broad levels listed below.
| WisdomTree Earnings Funds | 77 |
Table of Contents
Notes to Financial Statements (unaudited) (continued)
Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:
Level 1 — quoted prices in active markets for identical securities
Level 2 — other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)
Level 3 — significant unobservable inputs (including each Fund’s assumption in determining the fair value of investments)
Investments that use Level 2 or Level 3 inputs may include, but are not limited to: (i) an unlisted security related to corporate actions; (ii) a restricted security (e.g., one that may not be publicly sold without registration under the Securities Act of 1933, as amended); (iii) a security whose trading has been suspended or which has been de-listed from its primary trading exchange; (iv) a security that is thinly traded; (v) a security in default or bankruptcy proceedings for which there is no current market quotation; (vi) a security affected by currency controls or restrictions; and (vii) a security affected by a significant event (e.g., an event that occurs after the close of the markets on which the security is traded but before the time as of which a Fund’s net asset value is computed and that may materially affect the value of the Fund’s investments). Examples of events that may be “significant events” are government actions, natural disasters, armed conflict and acts of terrorism.
The inputs or methodology used for valuation are not necessarily an indication of the risk associated with investing in those investments.
The following is a summary of the inputs used as of September 30, 2008 in valuing each Fund’s assets carried at fair value:
| FUND | Level 1-Quoted Prices Valuation Inputs |
Level 2-Other Significant Observable Inputs |
Level 3-Significant Unobservable Inputs |
TOTAL | ||||||||
| Total Earnings Fund |
$ | 22,034,227 | $ | — | $ | — | $ | 22,034,227 | ||||
| Earnings 500 Fund |
$ | 80,255,414 | $ | — | $ | — | $ | 80,255,414 | ||||
| MidCap Earnings Fund |
$ | 27,372,429 | $ | — | $ | — | $ | 27,372,429 | ||||
| SmallCap Earnings Fund |
$ | 20,559,291 | $ | — | $ | — | $ | 20,559,291 | ||||
| Earnings Top 100 Fund |
$ | 14,761,805 | $ | — | $ | — | $ | 14,761,805 | ||||
| Low P/E Fund |
$ | 26,184,449 | $ | — | $ | — | $ | 26,184,449 | ||||
| India Earnings Fund |
$ | 207,030,369 | $ | — | $ | — | $ | 207,030,369 | ||||
(b) Investment Transactions — Investment transactions are recorded as of the date that the securities are purchased or sold (trade date). Realized gains and losses on sales of portfolio securities are calculated using the identified-cost method.
(c) Foreign Currency Translation — The accounting records of the Funds are maintained in U.S. dollars. Foreign currencies, as well as investment securities and other assets and liabilities denominated in foreign currencies, are translated into U.S. dollars using exchange rates deemed appropriate by the investment adviser. Realized and unrealized foreign exchange gains or losses on investments are included as a component of net realized and unrealized gain or loss on foreign currency transactions in the Statements of Operations. Certain foreign exchange gains and losses included in realized and unrealized gains or losses are included in, or are a reduction of, ordinary income in accordance with U.S. Federal income tax regulations.
(d) Investment Income — Dividend income is recognized on the ex-dividend date, net of any foreign taxes withheld. Interest income is accrued daily. The value of additional securities received as dividend payments is recorded as income and as an increase to the cost basis of such securities.
(e) Expenses/Reimbursements — WisdomTree Asset Management (“WTAM”) has agreed to pay all expenses of the Funds (other than the India Earnings Fund), except for: (i) brokerage expenses and other expenses (such as stamp taxes) connected with the execution of portfolio transactions or in connection with creation and redemption transactions; (ii) legal fees or expenses in connection with any arbitration, litigation or pending or threatened arbitration or litigation, including any settlements in connection therewith; (iii) compensation and expenses of each Independent Trustee; (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s chief compliance officer; (vi) extraordinary expenses; (vii) distribution fees and expenses paid by the Trust under any distribution plan adopted pursuant to Rule 12b-1 under the 1940 Act; and (viii) the advisory fee payable to WTAM.
Pursuant to a separate contractual arrangement, WTAM has arranged for the provision of chief compliance officer (“CCO”) services to the Funds (other than the India Earnings Fund), and is liable and responsible for, and administers, payments to the CCO, the
| 78 | WisdomTree Earnings Funds |
Table of Contents
Notes to Financial Statements (unaudited) (continued)
Independent Trustees and counsel to the Independent Trustees, in exchange for a service fee paid by each Fund (other than the India Earnings Fund) of up to 0.0044%. Trustees fees, which are included in Service Fees on the Statements of Operations, of $171,869 have been paid on behalf of the Funds of the Trust to the Independent Trustees for the six month period ended September 30, 2008.
(f) Security Lending — Each Fund may lend portfolio securities to certain creditworthy borrowers, including the Funds’ securities lending agent. The loans are collateralized at all times by cash and/or high grade debt obligations in an amount at least equal to 102% of the market value of domestic securities loaned (105% in the case of foreign securities loaned) as determined at the close of business on the preceding business day. Each Fund receives compensation for lending its securities from interest or dividends earned on the cash or U.S. government securities held as collateral, net of fee rebates paid to the borrower plus reasonable administrative and custody fees. The dividend and interest income earned on the securities loaned is accounted for in the same manner as other dividend and interest income. The borrower pays to the Funds an amount equal to any dividends or interest received on loaned securities. The Funds retain all or a portion of the interest received on investment of cash collateral or receives a fee from the borrower. Lending portfolio securities could result in a loss or delay in recovering each Fund’s securities if the borrower defaults.
The securities lending income earned by the Funds is disclosed on the Statements of Operations.
(g) Tax Information and Dividends and Distributions to Shareholders — It is each Fund’s policy to comply with all requirements of the Internal Revenue Code of 1986, as amended (the “Code”). Each Fund intends to qualify for and to elect treatment as a separate Regulated Investment Company (“RIC”) under Subchapter M of the Code. It is the policy of each Fund to pay out dividends, if any, to investors at least annually. Taxable net realized gains from investment transactions, reduced by capital loss carryforwards, if any, are declared and distributed to shareholders at least annually. The capital loss carryforward amount, if any, is available to offset future net capital gains. The Funds may occasionally be required to make supplemental distributions at some other time during the year. The Trust reserves the right to declare special distributions if, in its reasonable discretion, such action is necessary or advisable to preserve the status of each Fund as a RIC or to avoid imposition of income or excise taxes on undistributed income. Dividends and distributions to shareholders are recorded on the ex-dividend date. The amount of dividends and distributions from net investment income and net realized capital gains are determined in accordance with Federal income tax regulations which may differ from U.S. GAAP. These book/tax differences are either considered temporary or permanent in nature. To the extent these differences are permanent in nature, such amounts are reclassified within the components of net assets based on their federal tax basis treatment; temporary differences do not require reclassification. Dividends and distributions, which exceed earnings and profit for tax purposes, are reported as a tax return of capital. The India Earnings Fund has filed an election to treat the WisdomTree India Investment Portfolio, Inc. as a “pass-through” entity for tax purposes.
The Funds adopted the provisions of Financial Accounting Standards Board (“FASB”) Interpretation No. 48, Accounting for Uncertainty in Income Taxes (“FIN 48”). This interpretation prescribes a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Foreign taxes are provided for based on each Fund’s understanding of the tax rules and rates that exist in the foreign markets in which it invests. Taxes are accrued and applied to net investment income, net realized capital gains and net unrealized appreciation, as applicable, as the income is earned or capital gains are recorded. If applicable, the Funds will recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in “Other” expenses on the Statements of Operations. Management has evaluated the application of FIN 48 to the Funds, and has determined that there is no impact resulting from the adoption of this interpretation on the Funds’ financial statements.
(h) Short-Term Investments — Each Fund may invest a portion of its assets in high-quality money market instruments on an ongoing basis to provide liquidity or for other reasons. The instruments in which a Fund may invest include short-term obligations issued by the U.S. Government, negotiable certificates of deposit (“CDs”), fixed time deposits and bankers’ acceptances of U.S. and foreign banks and similar institutions, commercial papers, repurchase agreements and money market funds. CDs are short-term negotiable obligations of commercial banks. Time deposits are non-negotiable deposits maintained in banking institutions for specified periods of time at stated interest rates. Banker’s acceptances are time drafts drawn on commercial banks by borrowers, usually in connection with international transactions.
3. ADVISER FEES
Adviser Fees — As investment adviser, WTAM has overall responsibility for the general management and administration of the Trust. WTAM provides an investment program for each Fund. WTAM also arranges for sub-advisory, transfer agency, custody, fund administration, and all other non-distribution related services necessary for the Funds to operate. Under the Investment Advisory Agreement for each Fund (other than the India Earnings Fund), WTAM agrees to pay all expenses of the Trust, except compensation and expenses of the Independent Trustees, counsel to the Independent Trustees and the Trust’s Chief Compliance Officer, interest expenses and taxes, brokerage expenses, and other expenses connected with the execution of portfolio transactions, any distribution fees or expenses, legal fees or expenses and extraordinary expenses. Pursuant to a separate contractual arrangement, WTAM arranges for the provision of chief compliance officer (“CCO”) services with respect to each Fund (other than the India
| WisdomTree Earnings Funds | 79 |
Table of Contents
Notes to Financial Statements (unaudited) (continued)
Earnings Fund), and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees. WTAM has agreed to limit total expenses for the India Earnings Fund to 0.88% through March 31, 2009. The fees paid to WTAM for providing advisory services are listed below.
| Fund | Fee Rate | ||
| Total Earnings Fund |
0.28 | % | |
| Earnings 500 Fund |
0.28 | % | |
| MidCap Earnings Fund |
0.38 | % | |
| SmallCap Earnings Fund |
0.38 | % | |
| Earnings Top 100 Fund |
0.38 | % | |
| Low P/E Fund |
0.38 | % | |
| India Earnings Fund |
0.68 | % |
Each Fund may purchase shares of an affiliated exchange traded fund(s) in secondary market transactions. For the six months ended September 30, 2008, there were no transactions in affiliated ETFs.
4. CAPITAL SHARE TRANSACTIONS
As of September 30, 2008, there was an unlimited number of $0.001 par value shares of beneficial interest authorized by the Trust. Shares are issued and redeemed by each Fund only in Creation Units or multiples thereof. Except when aggregated in Creation Units, shares of each Fund are not redeemable. Transactions in shares for each Fund are disclosed in detail in the Statements of Changes in Net Assets. The consideration for the purchase of Creation Units of a Fund generally consists of the in-kind contribution of a designated portfolio of equity securities constituting a portfolio sampling representation of the securities included in the relevant Fund’s underlying index and an amount of cash. The WisdomTree India Earnings Fund issues and redeems shares on a cash basis only. Investors purchasing and redeeming Creation Units may be charged a purchase transaction fee and a redemption transaction fee to offset transfer and other transaction costs associated with the issuance and redemption of Creation Units.
5. INVESTMENT PORTFOLIO TRANSACTIONS
Purchases and sales of investments (excluding in-kind purchases and redemptions and short-term investments) for the six months ended September 30, 2008 were as follows:
| Fund | Purchases | Sales | ||||
| Total Earnings Fund |
$ | 212,262 | $ | 231,485 | ||
| Earnings 500 Fund |
921,942 | 870,487 | ||||
| MidCap Earnings Fund |
820,244 | 768,131 | ||||
| SmallCap Earnings Fund |
722,848 | 699,564 | ||||
| Earnings Top 100 Fund |
344,724 | 306,961 | ||||
| Low P/E Fund |
386,355 | 426,795 | ||||
| India Earnings Fund |
207,924,288 | 66,760,521 | ||||
For the six months ended September 30, 2008, the cost of in-kind purchases and the proceeds from in-kind redemptions were as follows:
| Fund | Purchases | Redemptions | ||||
| Total Earnings Fund |
$ | 9,289,541 | $ | — | ||
| Earnings 500 Fund |
36,185,226 | — | ||||
| MidCap Earnings Fund |
6,535,029 | 2,236,677 | ||||
| SmallCap Earnings Fund |
9,455,523 | 3,964,382 | ||||
| Earnings Top 100 Fund |
4,210,702 | — | ||||
| Low P/E Fund |
10,436,022 | 3,981,353 | ||||
| India Earnings Fund |
— | — | ||||
Gains and losses on in-kind redemptions are not recognized at the Fund level for tax purposes.
| 80 | WisdomTree Earnings Funds |
Table of Contents
Notes to Financial Statements (unaudited) (concluded)
6. FEDERAL INCOME TAXES
At September 30, 2008, the cost of investments (including securities on loan) for Federal income tax purposes was substantially the same as for book purposes, as indicated below:
| Fund | Tax Cost | Gross Unrealized Appreciation |
Gross Unrealized Depreciation |
Net Unrealized Depreciation |
||||||||||
| Total Earnings Fund |
$ | 27,445,890 | $ | 396,113 | $ | (5,807,776 | ) | $ | (5,411,663 | ) | ||||
| Earnings 500 Fund |
96,516,259 | 1,484,453 | (17,745,298 | ) | (16,260,845 | ) | ||||||||
| MidCap Earnings Fund |
34,614,296 | 592,840 | (7,834,707 | ) | (7,241,867 | ) | ||||||||
| SmallCap Earnings Fund |
24,554,516 | 883,163 | (4,878,388 | ) | (3,995,225 | ) | ||||||||
| Earnings Top 100 Fund |
19,315,723 | 206,671 | (4,760,589 | ) | (4,553,918 | ) | ||||||||
| Low P/E Fund |
33,262,332 | 360,609 | (7,438,492 | ) | (7,077,883 | ) | ||||||||
| India Earnings Fund |
287,958,085 | 188,508 | (81,116,224 | ) | (80,927,716 | ) | ||||||||
7. NEW ACCOUNTING PRONOUNCEMENT
On March 19, 2008, the FASB released Statement of Financial Accounting Standards No. 161, Disclosures about Derivative Instruments and Hedging Activities (“FAS 161”). FAS 161 requires qualitative disclosures about objectives and strategies for using derivatives, quantitative disclosures about fair value amounts of gains and losses on derivative instruments, and disclosures about credit-risk-related contingent features in derivative agreements. The application of FAS 161 is required for fiscal years beginning after November 15, 2008 and interim periods within those fiscal years. At this time, management is evaluating the implications of FAS 161 and its impact on the financial statements has not yet been determined.
| WisdomTree Earnings Funds | 81 |
Table of Contents
Proxy Voting Policies, Procedures and Record
A description of the policies and procedures that the Trust uses to determine how to vote proxies related to each Fund’s portfolio securities, and information on how the Trust voted proxies during the period ended June 30, 2008, is available without charge, upon request (i) by calling 1-866-909-WISE, (ii) on the Trust’s website at www.wisdomtree.com and (iii) on the Securities and Exchange Commission’s (“SEC”) website at www.sec.gov.
Shareholder Reports and Quarterly Portfolio Disclosure
The Funds are required to file their complete schedule of portfolio holdings with the SEC for their first and third fiscal quarters on Form N-Q. Copies of the filings are available, without charge, upon request on the SEC’s website at www.sec.gov, and are also available by calling the Trust at 1-866-909-WISE. You can also obtain copies of Form N-Q by (i) visiting the SEC’s Public Reference Room in Washington, DC (information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330). (ii) sending your request and a duplicating fee to the SEC’s Public Reference Room, Washington, DC 20549-0102 or (iii) sending your request electronically to publicinfosec.gov.
Information about each Fund’s portfolio holdings is available daily, without charge, at www.wisdomtree.com.
The Fund’s Statement of Additional Information (“SAI”) has additional information about the Funds’ Trustees and Officers and is available without charge upon request. Contact your financial representative for a free prospectus or SAI.
| 82 | WisdomTree Earnings Funds |
Table of Contents
The WisdomTree® Family of Funds
The following is a list of WisdomTree Funds being offered, along with their respective ticker symbols as of September 30, 2008:
| WisdomTree Domestic Dividend Funds
WisdomTree Total Dividend Fund (DTD)
WisdomTree High-Yielding Equity Fund (DHS)
WisdomTree LargeCap Dividend Fund (DLN)
WisdomTree Dividend Top 100 Fund (DTN)
WisdomTree MidCap Dividend Fund (DON)
WisdomTree SmallCap Dividend Fund (DES)
WisdomTree International Dividend Funds
WisdomTree DEFA Fund (DWM)
WisdomTree DEFA High-Yielding Equity Fund (DTH)
WisdomTree Europe Total Dividend Fund (DEB)
WisdomTree Europe High-Yielding Equity Fund (DEW)
WisdomTree Europe SmallCap Dividend Fund (DFE)
WisdomTree Japan Total Dividend Fund (DXJ)
WisdomTree Japan High-Yielding Equity Fund (DNL)
WisdomTree Japan SmallCap Dividend Fund (DFJ)
WisdomTree Pacific ex-Japan Total Dividend Fund (DND)
WisdomTree Pacific ex-Japan High-Yielding Equity Fund (DNH)
WisdomTree International LargeCap Dividend Fund (DOL)
WisdomTree International Dividend Top 100 Fund (DOO)
WisdomTree International MidCap Dividend Fund (DIM)
WisdomTree International SmallCap Dividend Fund (DLS)
WisdomTree International Real Estate Fund (DRW)
WisdomTree Emerging Markets High-Yielding Equity Fund (DEM)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
WisdomTree Middle East Dividend Fund (GULF) |
WisdomTree International Dividend Sector Funds
WisdomTree International Basic Materials Sector Fund (DBN)
WisdomTree International Communications Sector Fund (DGG)
WisdomTree International Consumer Discretionary Sector Fund (DPC)
WisdomTree International Consumer Staples Sector Fund (DPN)
WisdomTree International Energy Sector Fund (DKA)
WisdomTree International Financial Sector Fund (DRF)
WisdomTree International Health Care Sector Fund (DBR)
WisdomTree International Industrial Sector Fund (DDI)
WisdomTree International Technology Sector Fund (DBT)
WisdomTree International Utilities Sector Fund (DBU)
WisdomTree Earnings Funds
WisdomTree Total Earnings Fund (EXT)
WisdomTree Earnings 500 Fund (EPS)
WisdomTree MidCap Earnings Fund (EZM)
WisdomTree SmallCap Earnings Fund (EES)
WisdomTree Earnings Top 100 Fund (EEZ)
WisdomTree Low P/E Fund (EZY)
WisdomTree India Earnings Fund (EPI)
WisdomTree Currency Income Funds
WisdomTree U.S. Current Income Fund (USY)
WisdomTree Dreyfus Brazilian Real Fund (BZF)
WisdomTree Dreyfus Chinese Yuan Fund (CYB)
WisdomTree Dreyfus Euro Fund (EU)
WisdomTree Dreyfus Indian Rupee Fund (ICN)
WisdomTree Dreyfus Japanese Yen Fund (JYF)
WisdomTree Dreyfus New Zealand Dollar Fund (BNZ)
WisdomTree Dreyfus South African Rand Fund (SZR) |
The WisdomTree Funds are exchange traded funds (“ETFs”) registered with the United States Securities and Exchange Commission (“SEC”) as series of WisdomTree Trust (“Trust”). WisdomTree Asset Management, Inc., a wholly owned subsidiary of WisdomTree Investments, Inc., serves as the investment adviser to the WisdomTree Trust. None of the WisdomTree entities are affiliated with ALPS Distributors, Inc., the Funds’ distributor. WisdomTree Investments, its affiliates and their independent providers are not liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein.
Investors should consider the investment objectives, risks, charges and expenses of the Funds carefully before investing. A prospectus, containing this and other information, is available at www.wisdomtree.com, or by calling 1-866-909-WISE (9473). Investors should read the prospectus carefully before investing. There are risks associated with investing, including possible loss of principal. Past performance does not guarantee future results. Indexes are unmanaged and you can not invest directly in an index.
There are risks associated with investing including possible loss of principal. In addition to the normal risks of investing, foreign investing involves special risks, such as risk of loss from currency fluctuation or political or economic uncertainty. Investments in real estate involve additional special risks, such as credit risk, interest rate fluctuations and the effect of varied economic conditions. Funds that focus their investments in one country increase the impact of events and developments associated with the region which can adversely affect performance. Funds focusing on a single country, sector and/or smaller companies generally experience greater price volatility. Investments in emerging or frontier markets are generally less liquid and less efficient than developed markets. Investments in currency involve additional special risks, such as credit risk, interest rate fluctuations, derivative investment risk and the effect of varied economic conditions. As these Funds can have a high concentration in some issuers the Funds can be adversely impacted by changes affecting issuers. Unlike typical exchange-traded funds, there are no indexes that the currency Funds attempt to track or replicate. Thus, the ability of the currency Funds to achieve their objectives will depend on the effectiveness of the portfolio manager. Please read the Funds’ prospectus for specific details regarding each Fund’s risk profile. Transaction in Fund shares will result in brokerage commissions and will generate tax consequences. Shares may be sold through brokerage accounts, but may be redeemed from the Funds only in large amounts of 50,000 shares or more.
Table of Contents
380 Madison Avenue, 21st Floor
New York, NY 10017
1.866.909.WISE (9473)
www.wisdomtree.com
WisdomTree Earnings ETFs
WisdomTree Total Earnings Fund
WisdomTree Earnings 500 Fund
WisdomTree MidCap Earnings Fund
WisdomTree SmallCap Earnings Fund
WisdomTree Earnings Top 100 Fund
WisdomTree Low P/E Fund
WisdomTree India Earnings Fund
WisdomTree Fund shares are distributed by ALPS Distributors, Inc.
WIS001465 (11/2009)
Table of Contents
WisdomTree Trust
International Dividend Funds
Semi-Annual Report
September 30, 2008
WisdomTree DEFA Fund
WisdomTree DEFA High-Yielding Equity Fund
WisdomTree Europe Total Dividend Fund
WisdomTree Europe High-Yielding Equity Fund
WisdomTree Europe SmallCap Dividend Fund
WisdomTree Japan Total Dividend Fund
WisdomTree Japan High-Yielding Equity Fund
WisdomTree Japan SmallCap Dividend Fund
WisdomTree Pacific ex-Japan Total Dividend Fund
WisdomTree Pacific ex-Japan High-Yielding Equity Fund
WisdomTree International LargeCap Dividend Fund
WisdomTree International Dividend Top 100 Fund
WisdomTree International MidCap Dividend Fund
WisdomTree International SmallCap Dividend Fund
WisdomTree International Real Estate Fund
WisdomTree Emerging Markets High-Yielding Equity Fund
WisdomTree Emerging Markets SmallCap Dividend Fund
WisdomTree Middle East Dividend Fund
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“WisdomTree” is a registered mark of WisdomTree Investments, Inc. and is licensed for use by the Trust.
Table of Contents
Performance Summary (unaudited)
WisdomTree DEFA Fund
Sector Breakdown† as of 9/30/08‡
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| HSBC Holdings PLC |
2.4% | |
| TOTAL S.A. |
1.7% | |
| Vodafone Group PLC |
1.5% | |
| BP PLC |
1.4% | |
| ENI SpA |
1.4% | |
| GlaxoSmithKline PLC |
1.3% | |
| Deutsche Telekom AG |
1.3% | |
| France Telecom S.A. |
1.2% | |
| Banco Santander, S.A. |
1.2% | |
| Telefonica, S.A. |
1.2% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Dividend Index of Europe, Far East Asia and Australasia (DEFA) Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Dividend Index of Europe, Far East Asia and Australasia Index (WisdomTree DEFA Index).
The WisdomTree DEFA Fund (DWM) returned -22.06% at net asset value (“NAV”) for the six month period ended September 30, 2008. The United Kingdom contributed the most to the decline, returning -19.00% over the period with an average weight of 21.90%. New Zealand contributed the least to the decline returning -24.53%, with an average weight of 0.42% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.48%.
Performance as of 9/30/08
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree DEFA Index |
MSCI EAFE Index | |||||||||
| Six Months* |
(22.06 | )% | (21.42 | )% | (21.04 | )% | (22.35 | )% | ||||
| One Year |
(29.86 | )% | (29.10 | )% | (28.21 | )% | (30.30 | )% | ||||
| Since Inception1 |
0.03 | % | 0.62 | % | 0.93 | % | (2.32 | )% | ||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree International Dividend Funds | 1 |
Table of Contents
Performance Summary (unaudited)
WisdomTree DEFA High-Yielding Equity Fund
Sector Breakdown† as of 9/30/08‡
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| HSBC Holdings PLC |
4.3% | |
| TOTAL S.A. |
2.7% | |
| BP PLC |
2.7% | |
| France Telecom S.A. |
2.5% | |
| Vodafone Group PLC |
2.5% | |
| GlaxoSmithKline PLC |
2.2% | |
| BNP Paribas |
2.2% | |
| Sanofi-Aventis |
2.2% | |
| Intesa Sanpaolo SpA |
2.2% | |
| ENI SpA |
2.1% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree DEFA High-Yielding Equity Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree DEFA High-Yielding Equity Index.
The WisdomTree DEFA High-Yielding Equity Fund (DTH) returned -21.10% at net asset value (“NAV”) for the six month period ended September 30, 2008. The United Kingdom contributed the most to the decline, returning -16.82% over the period with an average weight of 25.55%. Austria contributed the least to the decline returning -48.77%, with an average weight of 0.15% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.58%.
Performance as of 9/30/08
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree DEFA High-Yielding Equity Index |
MSCI EAFE Value Index |
|||||||||
| Six Months* |
(21.10 | )% | (19.61 | )% | (20.79 | )% | (22.83 | )% | ||||
| One Year |
(29.40 | )% | (28.11 | )% | (28.63 | )% | (32.36 | )% | ||||
| Since Inception1 |
(0.63 | )% | 0.10 | % | 0.77 | % | (4.09 | )% | ||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 2 | WisdomTree International Dividend Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree Europe Total Dividend Fund
Sector Breakdown† as of 9/30/08‡
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| HSBC Holdings PLC |
3.3% | |
| TOTAL S.A. |
2.3% | |
| BP PLC |
2.0% | |
| Vodafone Group PLC |
1.9% | |
| France Telecom SA |
1.8% | |
| ENI SpA |
1.7% | |
| BNP Paribas |
1.6% | |
| GlaxoSmithKline PLC |
1.6% | |
| Intesa Sanpaolo SpA |
1.6% | |
| Deutsche Telekom AG |
1.5% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Europe Total Dividend Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Europe Dividend Index.
The WisdomTree Europe Total Dividend Fund (DEB) returned -22.77% at net asset value (“NAV”) for the six month period ended September 30, 2008. The United Kingdom contributed the most to the decline, returning -18.01% over the period with an average weight of 29.21%. Portugal contributed the least to the decline returning -26.52%, with an average weight of 0.84% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.48%.
Performance as of 9/30/08
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Europe Dividend Index |
MSCI Europe Index |
|||||||||
| Six Months* |
(22.77 | )% | (21.55 | )% | (22.26 | )% | (24.06 | )% | ||||
| One Year |
(29.70 | )% | (28.81 | )% | (28.76 | )% | (30.72 | )% | ||||
| Since Inception1 |
(0.74 | )% | (0.20 | )% | 0.54 | % | (0.80 | )% | ||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree International Dividend Funds | 3 |
Table of Contents
Performance Summary (unaudited)
WisdomTree Europe High-Yielding Equity Fund
Sector Breakdown† as of 9/30/08‡
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| HSBC Holdings PLC |
6.6% | |
| TOTAL S.A. |
4.0% | |
| France Telecom S.A. |
3.8% | |
| Vodafone Group PLC |
3.6% | |
| GlaxoSmithKline PLC |
3.5% | |
| BNP Paribas |
3.4% | |
| Intesa Sanpaolo SpA |
3.3% | |
| Sanofi-Aventis |
3.2% | |
| ENI SpA |
3.1% | |
| Banco Santander Central Hispano, S.A. |
2.8% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Europe High-Yielding Equity Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Europe High-Yielding Equity Index.
The WisdomTree Europe High-Yielding Equity Fund (DEW) returned -20.71% at net asset value (“NAV”) for the six month period ended September 30, 2008. The United Kingdom contributed the most to the decline, returning -15.33% over the period with an average weight of 32.88%. Austria contributed the least to the decline returning -14.26%, with an average weight of 0.14% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.58%.
Performance as of 9/30/08
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Europe High-Yielding Equity Index |
MSCI Europe Value Index |
|||||||||
| Six Months* |
(20.71 | )% | (19.57 | )% | (20.36 | )% | (25.73 | )% | ||||
| One Year |
(29.16 | )% | (28.26 | )% | (28.23 | )% | (34.77 | )% | ||||
| Since Inception1 |
(1.23 | )% | 0.79 | % | (0.46 | )% | (4.06 | )% | ||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 4 | WisdomTree International Dividend Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree Europe SmallCap Dividend Fund
Sector Breakdown† as of 9/30/08‡
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| Electrocomponents PLC |
1.3% | |
| Kungsleden AB |
1.2% | |
| Uponor Oyj |
1.0% | |
| Debenhams PLC |
1.0% | |
| Close Brothers Group PLC |
0.9% | |
| Jardine Lloyd Thompson |
0.9% | |
| Bellway PLC |
0.9% | |
| Eniro AB |
0.9% | |
| Uralita, S.A. |
0.8% | |
| Brit Insurance |
0.8% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Europe SmallCap Dividend Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Europe SmallCap Dividend Index.
The WisdomTree Europe SmallCap Dividend Fund (DFE) returned -32.15% at net asset value (“NAV”) for the six month period ended September 30, 2008. The United Kingdom contributed the most to the decline, returning -28.68% over the period with an average weight of 37.93%. Belgium contributed the least to the decline returning -13.77%, with an average weight of 2.95% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.58%.
Performance as of 9/30/08
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Europe SmallCap Dividend Index |
MSCI Europe SmallCap Index |
|||||||||
| Six Months* |
(32.15 | )% | (30.61 | )% | (31.19 | )% | (30.37 | )% | ||||
| One Year |
(39.13 | )% | (37.47 | )% | (38.71 | )% | (37.31 | )% | ||||
| Since Inception1 |
(6.90 | )% | (6.52 | )% | (6.60 | )% | (4.71 | )% | ||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree International Dividend Funds | 5 |
Table of Contents
Performance Summary (unaudited)
WisdomTree Japan Total Dividend Fund
Sector Breakdown† as of 9/30/08‡
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| Toyota Motor Corp. |
6.8% | |
| NTT DoCoMo, Inc. |
4.5% | |
| Nippon Telegraph & Telephone Corp. |
2.8% | |
| Honda Motor Co., Ltd. |
2.5% | |
| Takeda Pharmaceutical Co., Ltd. |
2.2% | |
| Nissan Motor Co., Ltd. |
2.1% | |
| Mitsubishi UFJ Financial Group, Inc. |
2.0% | |
| Mizuho Financial |
1.5% | |
| Canon Inc. |
1.5% | |
| Mitsubishi Corp. |
1.2% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Japan Total Dividend Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Japan Dividend Index.
The WisdomTree Japan Total Dividend Fund (DXJ) returned -14.58% at net asset value (“NAV”) for the six month period ended September 30, 2008. The Industrials sector contributed the most to the decline, returning -23.18% over the period with an average weight of 16.67%. The Fund benefitted the most from the Telecommunications Services sector which returned 3.41%, with an average weight of 6.86% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.48%.
Performance as of 9/30/08
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Japan Dividend Index |
MSCI Japan Index | |||||||||
| Six Months* |
(14.58 | )% | (12.43 | )% | (14.64 | )% | (15.61 | )% | ||||
| One Year |
(24.53 | )% | (22.01 | )% | (24.15 | )% | (26.75 | )% | ||||
| Since Inception1 |
(7.74 | )% | (6.59 | )% | (7.66 | )% | (8.71 | )% | ||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 6 | WisdomTree International Dividend Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree Japan High-Yielding Equity Fund
Sector Breakdown† as of 9/30/08‡
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| Toyota Motor Corp. |
10.3% | |
| NTT DoCoMo, Inc. |
9.5% | |
| Takeda Pharmaceutical Co., Ltd. |
7.2% | |
| Honda Motor Co., Ltd. |
6.6% | |
| Nissan Motor Co., Ltd. |
6.2% | |
| Tokyo Electric Power Co., Inc. (The) |
3.7% | |
| Kansai Electric Power Co., Inc. (The) |
2.7% | |
| Astellas Pharma, Inc. |
2.7% | |
| Daiichi Sankyo Co., Ltd. |
2.5% | |
| Chubu Electric Power Co., Inc. |
2.1% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Japan High-Yielding Equity Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Japan High-Yielding Equity Index.
The WisdomTree Japan High-Yielding Equity Fund (DNL) returned -10.36% at net asset value (“NAV”) for the six month period ended September 30, 2008. The Consumer Discretionary sector contributed the most to the decline, returning -9.36% over the period with an average weight of 26.70%. The Fund benefitted the most from the Telecommunications Services sector which returned 5.79%, with an average weight of 9.23% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.58%.
Performance as of 9/30/08
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Japan High-Yielding Equity Index |
MSCI Japan Value Index |
|||||||||
| Six Months* |
(10.36 | )% | (8.52 | )% | (10.05 | )% | (13.91 | )% | ||||
| One Year |
(19.14 | )% | (16.78 | )% | (18.68 | )% | (24.38 | )% | ||||
| Since Inception1 |
(4.09 | )% | (2.96 | )% | (3.68 | )% | (6.09 | )% | ||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree International Dividend Funds | 7 |
Table of Contents
Performance Summary (unaudited)
WisdomTree Japan SmallCap Dividend Fund
Sector Breakdown† as of 9/30/08‡
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| Matsui Securities Co., Ltd. |
0.9% | |
| Pacific Metals Co., Ltd. |
0.8% | |
| Onward Holdings Co., Ltd. |
0.7% | |
| Nippon Kayaku Co., Ltd. |
0.6% | |
| Nipro Corp. |
0.6% | |
| Yokohama Rubber Co., Ltd. (The) |
0.6% | |
| Tokai Tokyo Securities Co., Ltd. |
0.6% | |
| ABC-Mart, Inc. |
0.6% | |
| Sanwa Holdings Corp. |
0.6% | |
| Heiwa Corp. |
0.6% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Japan SmallCap Dividend Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Japan SmallCap Dividend Index.
The WisdomTree Japan SmallCap Dividend Fund (DFJ) returned -16.28% at net asset value (“NAV”) for the six month period ended September 30, 2008. The Industrials sector contributed the most to the decline, returning -18.12% over the period with an average weight of 24.04%. The Utilities sector contributed the least to the decline returning -5.41%, with an average weight of 0.46% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.58%.
Performance as of 9/30/08
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Japan SmallCap Index |
MSCI Japan SmallCap Index |
|||||||||
| Six Months* |
(16.28 | )% | (14.09 | )% | (16.55 | )% | (18.34 | )% | ||||
| One Year |
(24.46 | )% | (22.11 | )% | (24.26 | )% | (26.36 | )% | ||||
| Since Inception1 |
(12.21 | )% | (10.56 | )% | (12.00 | )% | (14.95 | )% | ||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 8 | WisdomTree International Dividend Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree Pacific ex-Japan Total Dividend Fund
Sector Breakdown† as of 9/30/08‡
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| Commonwealth Bank of Australia |
5.9% | |
| China Mobile Ltd. |
5.4% | |
| National Australia Bank Ltd. |
4.7% | |
| Telstra Corp., Ltd. |
4.6% | |
| Australia & New Zealand Banking Group Ltd. |
4.1% | |
| Westpac Banking Corp. |
4.1% | |
| Singapore Telecommunications Ltd. |
2.8% | |
| BHP Billiton Ltd. |
2.5% | |
| Hang Seng Bank Ltd. |
2.1% | |
| DBS Group Holdings Ltd. |
1.8% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Pacific ex-Japan Total Dividend Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Pacific ex-Japan Dividend Index.
The WisdomTree Pacific ex-Japan Total Dividend Fund (DND) returned -21.04% at net asset value (“NAV”) for the six month period ended September 30, 2008. Australia contributed the most to the decline, returning -19.67 over the period with an average weight of 60.06%. New Zealand contributed the least to the decline returning -25.65%, with an average weight of 2.63% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.48%.
Performance as of 9/30/08
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Pacific ex-Japan Dividend Index |
MSCI Pacific ex-Japan Index |
|||||||||
| Six Months* |
(21.04 | )% | (18.71 | )% | (20.60 | )% | (24.09 | )% | ||||
| One Year |
(29.81 | )% | (27.87 | )% | (28.70 | )% | (34.84 | )% | ||||
| Since Inception1 |
8.07 | % | 9.70 | % | 9.35 | % | 3.35 | % | ||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree International Dividend Funds | 9 |
Table of Contents
Performance Summary (unaudited)
WisdomTree Pacific ex-Japan High-Yielding Equity Fund
Sector Breakdown† as of 9/30/08‡
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| Commonwealth Bank of Australia |
9.2% | |
| Westpac Banking Corp. |
8.2% | |
| Telstra Corp., Ltd. |
7.9% | |
| Australia & New Zealand Banking Group Ltd. |
7.7% | |
| National Australia Bank Ltd. |
7.7% | |
| St.George Bank Ltd. |
3.5% | |
| Wesfarmers Ltd. |
3.2% | |
| AMP Ltd. |
3.0% | |
| Macquarie Group Ltd. |
2.6% | |
| Qantas Airways Ltd. |
2.3% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Pacific ex-Japan High-Yielding Equity Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Pacific ex-Japan High-Yielding Equity Index.
The WisdomTree Pacific ex-Japan High-Yielding Equity Fund (DNH) returned -20.93% at net asset value (“NAV”) for the six month period ended September 30, 2008. Australia contributed the most to the decline, returning -21.38% over the period with an average weight of 88.35%. Hong Kong contributed the least to the decline returning -15.43%, with an average weight of 3.98% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.58%.
Performance as of 9/30/08
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Pacific ex-Japan High-Yielding Equity Index |
MSCI Pacific ex-Japan Value Index |
|||||||||
| Six Months* |
(20.93 | )% | (18.46 | )% | (20.84 | )% | (21.22 | )% | ||||
| One Year |
(31.55 | )% | (29.17 | )% | (30.89 | )% | (32.29 | )% | ||||
| Since Inception1 |
3.57 | % | 5.25 | % | 4.25 | % | 1.55 | % | ||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 10 | WisdomTree International Dividend Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree International LargeCap Dividend Fund
Sector Breakdown† as of 9/30/08‡
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| HSBC Holdings PLC |
3.5% | |
| TOTAL S.A. |
2.3% | |
| BP PLC |
1.9% | |
| Vodafone Group PLC |
1.8% | |
| BNP Paribas |
1.8% | |
| ENI SpA |
1.8% | |
| France Telecom S.A. |
1.7% | |
| GlaxoSmithKline PLC |
1.7% | |
| Banco Santander, S.A. |
1.6% | |
| Intesa Sanpaolo SpA |
1.5% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International LargeCap Dividend Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International LargeCap Dividend Index.
The WisdomTree International LargeCap Dividend Fund (DOL) returned -20.16% at net asset value (“NAV”) for the six month period ended September 30, 2008. The United Kingdom contributed the most to the decline, returning -15.77% over the period with an average weight of 23.51%. Portugal contributed the least to the decline returning -24.64%, with an average weight of 0.17% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.48%.
Performance as of 9/30/08
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree International LargeCap Dividend Index |
MSCI EAFE Index | |||||||||
| Six Months* |
(20.16 | )% | (18.46 | )% | (20.44 | )% | (22.35 | )% | ||||
| One Year |
(27.88 | )% | (26.63 | )% | (27.67 | )% | (30.30 | )% | ||||
| Since Inception1 |
0.70 | % | 1.35 | % | 1.31 | % | (2.32 | )% | ||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree International Dividend Funds | 11 |
Table of Contents
Performance Summary (unaudited)
WisdomTree International Dividend Top 100 Fund
Sector Breakdown† as of 9/30/08‡
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| Barclays PLC |
2.1% | |
| Banca Monte dei Paschi di Siena SpA |
2.1% | |
| France Telecom S.A. |
1.8% | |
| Credit Agricole S.A. |
1.7% | |
| Intesa Sanpaolo SpA |
1.7% | |
| Commonwealth Bank of Australia |
1.7% | |
| Westpac Banking Corp. |
1.6% | |
| Australia & New Zealand Banking Group Ltd. |
1.6% | |
| AMP Ltd. |
1.6% | |
| AXA S.A. |
1.5% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International Dividend Top 100 Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International Dividend Top 100 Index.
The WisdomTree International Dividend Top 100 Fund (DOO) returned -22.20% at net asset value (“NAV”) for the six month period ended September 30, 2008. France contributed the most to the decline, returning -22.79% over the period with an average weight of 15.88%. The Fund benefitted the most from Hong Kong which returned 0.28%, with an average weight of 4.04% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.58%.
Performance as of 9/30/08
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree International Dividend Top 100 Index |
MSCI EAFE Value Index |
|||||||||
| Six Months* |
(22.20 | )% | (20.38 | )% | (22.08 | )% | (22.83 | )% | ||||
| One Year |
(29.56 | )% | (28.43 | )% | (29.37 | )% | (32.36 | )% | ||||
| Since Inception1 |
1.31 | % | 1.93 | % | 2.01 | % | (4.09 | )% | ||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 12 | WisdomTree International Dividend Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree International MidCap Dividend Fund
Sector Breakdown† as of 9/30/08‡
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| Mediaset SpA |
0.8% | |
| Foster’s Group Ltd. |
0.8% | |
| Insurance Australia Group Ltd. |
0.8% | |
| Qantas Airways Ltd. |
0.7% | |
| Telecom Corp. of New Zealand Ltd. |
0.7% | |
| Societe Des Autoroutes Paris-Rhin-Rhone |
0.7% | |
| Deutsche Lufthansa AG |
0.7% | |
| Alleanza Assicurazioni SpA |
0.7% | |
| PagesJaunes Groupe |
0.7% | |
| Casino Guichard Perrachon S.A. |
0.7% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International MidCap Dividend Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International MidCap Dividend Index. The Fund is adding the performance of the MSCI EAFE MidCap Index because the Fund believes this newly available index is a more appropriate benchmark for the Fund. The MSCI EAFE Index will be removed after the next Annual Report.
The WisdomTree International MidCap Dividend Fund (DIM) returned -23.82% at net asset value (“NAV”) for the six month period ended September 30, 2008. The United Kingdom contributed the most to the decline, returning -22.19% over the period with an average weight of 15.28%. Norway contributed the least to the decline returning -19.04%, with an average weight of 0.94% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.58%.
Performance as of 9/30/08
| Average Annual Total Return | |||||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree International MidCap Dividend Index |
MSCI EAFE Index |
MSCI EAFE MidCap Index |
|||||||||||
| Six Months* |
(23.82 | )% | (22.40 | )% | (24.36 | )% | (22.35 | )% | (25.02 | )% | |||||
| One Year |
(31.81 | )% | (30.59 | )% | (32.21 | )% | (30.30 | )% | (33.31 | )% | |||||
| Since Inception1 |
(0.65 | )% | (0.17 | )% | (0.58 | )% | (2.32 | )% | (4.44 | )% | |||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree International Dividend Funds | 13 |
Table of Contents
Performance Summary (unaudited)
WisdomTree International SmallCap Dividend Fund
Sector Breakdown† as of 9/30/08‡
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| Electrocomponents PLC |
0.6% | |
| David Jones Ltd. |
0.6% | |
| Orion Oyj Class B |
0.5% | |
| Kungsleden AB |
0.5% | |
| Jardine Lloyd Thompson Group PLC |
0.5% | |
| SMRT Corp. Ltd. |
0.5% | |
| Vector Ltd. |
0.5% | |
| Perpetual Ltd. |
0.5% | |
| West Australian Newspapers Holdings Ltd. |
0.5% | |
| Axfood AB |
0.4% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International SmallCap Dividend Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International SmallCap Dividend Index.
The WisdomTree International SmallCap Dividend Fund (DLS) returned -26.33% at net asset value (“NAV”) for the six month period ended September 30, 2008. The United Kingdom contributed the most to the decline, returning -27.61% over the period with an average weight of 18.33%. Switzerland contributed the least to the decline returning -17.92%, with an average weight of 0.42% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.58%.
Performance as of 9/30/08
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree International SmallCap Dividend Index |
MSCI EAFE SmallCap Index |
|||||||||
| Six Months* |
(26.33 | )% | (25.25 | )% | (25.63 | )% | (27.50 | )% | ||||
| One Year |
(33.81 | )% | (32.75 | )% | (33.64 | )% | (35.12 | )% | ||||
| Since Inception1 |
(3.64 | )% | (2.98 | )% | (3.51 | )% | (7.56 | )% | ||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 14 | WisdomTree International Dividend Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree International Real Estate Fund
Industry Breakdown† as of 9/30/08
| † | The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| Westfield Group |
9.3% | |
| Unibail-Rodamco |
5.7% | |
| Land Securities Group PLC |
3.4% | |
| Cheung Kong (Holdings) Ltd. |
3.1% | |
| Sun Hung Kai Properties Ltd. |
2.9% | |
| Gecina S.A. |
2.8% | |
| Fonciere Des Regions |
1.9% | |
| Metrovacesa S.A. |
1.7% | |
| British Land Co. PLC |
1.7% | |
| GPT Group |
1.6% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International Real Estate Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International Real Estate Index.
The WisdomTree International Real Estate Fund (DRW) returned -30.45% at net asset value (“NAV”) for the six month period ended September 30, 2008. Australia contributed the most to the decline, returning -29.54% over the period with an average weight of 27.27%. Denmark contributed the least to the decline returning -48.39%, with an average weight of 0.07% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share net asset value (“NAV”) is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.58%.
Performance as of 9/30/08
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree International Real Estate Index |
Dow Jones Wilshire ex-U.S. RESI Index |
|||||||||
| Six Months* |
(30.45 | )% | (30.84 | )% | (31.11 | )% | (26.58 | )% | ||||
| One Year |
(42.56 | )% | (42.46 | )% | (42.24 | )% | (38.32 | )% | ||||
| Since Inception1 |
(33.38 | )% | (33.37 | )% | (33.19 | )% | (34.46 | )% | ||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on June 5, 2007. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree International Dividend Funds | 15 |
Table of Contents
Performance Summary (unaudited)
WisdomTree Emerging Markets High-Yielding Equity Fund
Industry Breakdown† as of 9/30/08
| † | The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| Taiwan Semiconductor Manufacturing Co., Ltd. |
4.9% | |
| Formosa Petrochemical Corp. |
2.6% | |
| Bank Pekao S.A. |
2.5% | |
| Chungwa Telecom Co., Ltd. |
2.4% | |
| Telekomunikacja Polska S.A. |
2.2% | |
| CPFL Energia S.A. |
2.1% | |
| FirstRand Ltd. |
2.0% | |
| Nan Ya Plastics Corp. |
1.8% | |
| Akbank TAS |
1.8% | |
| Telefonica O2 Czech Republic A.S. |
1.8% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Emerging Markets High-Yielding Equity Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Emerging Markets High-Yielding Equity Index.
The WisdomTree Emerging Markets High-Yielding Equity Fund (DEM) returned -17.33% at net asset value (“NAV”) for the six month period ended September 30, 2008. Taiwan contributed the most to the decline, returning -27.72% over the period with an average weight of 28.00%. The Fund benefitted most from South Africa which returned 16.23%, with an average weight of 9.28% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share net asset value (“NAV”) is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.63%.
Performance as of 9/30/08
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Emerging Markets High-Yielding Equity Index |
MSCI Emerging Markets Index |
|||||||||
| Six Months* |
(17.33 | )% | (16.22 | )% | (17.31 | )% | (27.58 | )% | ||||
| One Year |
(16.71 | )% | (15.93 | )% | (16.27 | )% | (32.98 | )% | ||||
| Since Inception1 |
(12.22 | )% | (12.84 | )% | (11.79 | )% | (24.84 | )% | ||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on July 13, 2007. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 16 | WisdomTree International Dividend Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree Emerging Markets SmallCap Dividend Fund
Industry Breakdown† as of 9/30/08
| † | The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| Growthpoint Properties Ltd. |
1.3% | |
| Grupo Continental S.A.B de C.V. |
1.1% | |
| Berjaya Sports Toto Bhd |
1.1% | |
| Gamuda Bhd |
1.0% | |
| Malaysian Bulk Carriers Bhd |
0.8% | |
| Cimsa Cimento Sanayi VE Tica |
0.8% | |
| Foschini Ltd. |
0.8% | |
| Delek Automotive Systems Ltd. |
0.8% | |
| Formosa Taffeta Co., Ltd. |
0.8% | |
| Truworths International Ltd. |
0.7% |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Emerging Markets SmallCap Dividend Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Emerging Markets SmallCap Dividend Index. The Fund is adding the performance of the MSCI Emerging Markets SmallCap Index because the Fund believes this newly available index is a more appropriate benchmark for the Fund. The MSCI Emerging Markets Index will be removed after the next Annual Report.
The WisdomTree Emerging Markets SmallCap Dividend Fund (DGS) returned -27.53% at net asset value (“NAV”) for the six month period ended September 30, 2008. Taiwan contributed the most to the decline, returning -39.97% over the period with an average weight of 27.83%. Indonesia contributed the least to the decline returning -11.88%, with an average weight of 2.11% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share net asset value (“NAV”) is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.63%.
Performance as of 9/30/08
| Cumulative Total Return | |||||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Emerging Markets SmallCap Dividend Index |
MSCI Emerging Markets Index |
MSCI Emerging Markets SmallCap Index |
|||||||||||
| Six Months* |
(27.53 | )% | (26.58 | )% | (27.34 | )% | (27.58 | )% | (34.52 | )% | |||||
| Since Inception1 |
(38.09 | )% | (36.59 | )% | (37.33 | )% | (39.62 | )% | (47.73 | )% | |||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on October 30, 2007. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree International Dividend Funds | 17 |
Table of Contents
Performance Summary (unaudited)
WisdomTree Middle East Dividend Fund
Sector Breakdown† as of 9/30/08‡
| † | The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| Maroc Telecom |
10.0% | |
| National Bank of Kuwait |
4.2% | |
| Emirates NBD PJSC |
3.8% | |
| Mobile Telecommunications Co. |
3.4% | |
| Arab Bank |
3.2% | |
| Commercial Bank of Kuwait |
2.9% | |
| Kuwait Investment Projects Co. |
2.8% | |
| Qatar National Bank SAQ |
2.8% | |
| Oman Telecommunications Co. |
2.8% | |
| DP World Ltd. |
2.7% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Middle East Dividend Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the WisdomTree Middle East Dividend Index.
The WisdomTree Middle East Dividend Fund (GULF) returned -17.89% at net asset value (“NAV”) for the period ended September 30, 2008. The United Arab Emirates contributed the most to the decline, returning -24.83% over the period with an average weight of 19.66%. Jordan contributed the least to the decline returning -10.46%, with an average weight of 7.32% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.88%.
Performance as of 9/30/08
| Cumulative Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Middle East Dividend Index |
MSCI Arabian Markets ex- Saudi Arabia Index |
|||||||||
| Since Inception1 |
(17.89 | )% | (18.77 | )% | (16.72 | )% | (18.82 | )% | ||||
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on July 16, 2008. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 18 | WisdomTree International Dividend Funds |
Table of Contents
Shareholder Expense Examples (unaudited)
As a shareholder of a WisdomTree Fund, you incur two types of costs: (1) transaction costs, including brokerage commissions on purchases and sales of your Fund shares and (2) ongoing costs, including management fees and other Fund expenses. The following example is intended to help you understand your ongoing costs (in dollars and cents) of investing in a Fund and to compare these costs with the ongoing costs of investing in other funds.
The example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period from April 1, 2008 to September 30, 2008 for all funds (except the WisdomTree Middle East Dividend Fund whose period was July 16, 2008 through September 30, 2008).
Actual expenses
The first line under each Fund in the table on the next page provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line for your Fund under the heading entitled “Expenses Paid During Period 4/01/08 to 9/30/08” to estimate the expenses you paid on your account during this period.
Hypothetical example for comparison purposes
The second line under each Fund in the table on the next page provides information about hypothetical account values and hypothetical expenses based on each Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in your Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as brokerage commissions paid on purchases and sales of Fund shares. Therefore, the second line under each Fund in the table is useful in comparing ongoing Fund costs only and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.
| WisdomTree International Dividend Funds | 19 |
Table of Contents
Shareholder Expense Examples (unaudited)
| Beginning Account Value 4/01/08 |
Ending Account Value 9/30/08 |
Annualized Expense Ratio Based on the Period 4/01/08 to 9/30/08 |
Expenses Paid During the Period† 4/01/08 to 9/30/08 | |||||||||
| WisdomTree DEFA Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 779.44 | 0.48 | % | $ | 2.16 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.64 | 0.48 | % | $ | 2.46 | ||||
| WisdomTree DEFA High-Yielding Equity Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 789.02 | 0.58 | % | $ | 2.62 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.14 | 0.58 | % | $ | 2.96 | ||||
| WisdomTree Europe Total Dividend Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 772.26 | 0.48 | % | $ | 2.15 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.64 | 0.48 | % | $ | 2.46 | ||||
| WisdomTree Europe High-Yielding Equity Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 792.87 | 0.58 | % | $ | 2.63 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.14 | 0.58 | % | $ | 2.96 | ||||
| WisdomTree Europe SmallCap Dividend Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 678.48 | 0.58 | % | $ | 2.46 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.14 | 0.58 | % | $ | 2.96 | ||||
| WisdomTree Japan Total Dividend Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 854.17 | 0.48 | % | $ | 2.25 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.64 | 0.48 | % | $ | 2.46 | ||||
| WisdomTree Japan High-Yielding Equity Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 896.45 | 0.58 | % | $ | 2.78 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.14 | 0.58 | % | $ | 2.96 | ||||
| WisdomTree Japan SmallCap Dividend Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 837.20 | 0.58 | % | $ | 2.69 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.14 | 0.58 | % | $ | 2.96 | ||||
| WisdomTree Pacific ex-Japan Total Dividend Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 789.59 | 0.48 | % | $ | 2.17 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.64 | 0.48 | % | $ | 2.46 | ||||
| WisdomTree Pacific ex-Japan High-Yielding Equity Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 790.68 | 0.58 | % | $ | 2.62 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.14 | 0.58 | % | $ | 2.96 | ||||
| WisdomTree International LargeCap Dividend Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 798.41 | 0.48 | % | $ | 2.18 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.64 | 0.48 | % | $ | 2.46 | ||||
| WisdomTree International Dividend Top 100 Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 778.00 | 0.58 | % | $ | 2.60 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.14 | 0.58 | % | $ | 2.96 | ||||
| WisdomTree International MidCap Dividend Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 761.83 | 0.58 | % | $ | 2.58 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.14 | 0.58 | % | $ | 2.96 | ||||
| WisdomTree International SmallCap Dividend Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 736.71 | 0.58 | % | $ | 2.54 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.14 | 0.58 | % | $ | 2.96 | ||||
| WisdomTree International Real Estate Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 695.51 | 0.58 | % | $ | 2.48 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.14 | 0.58 | % | $ | 2.96 | ||||
| 20 | WisdomTree International Dividend Funds |
Table of Contents
Shareholder Expense Examples (unaudited) (concluded)
| Beginning Account Value 4/01/08 |
Ending Account Value 9/30/08 |
Annualized Expense Ratio Based on the Period 4/01/08 to 9/30/08 |
Expenses Paid During the Period† 4/01/08 to 9/30/08 | |||||||||
| WisdomTree Emerging Markets High-Yielding Equity Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 826.71 | 0.63 | % | $ | 2.91 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,021.89 | 0.63 | % | $ | 3.22 | ||||
| WisdomTree Emerging Markets SmallCap Dividend Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 724.69 | 0.63 | % | $ | 2.74 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,021.89 | 0.63 | % | $ | 3.22 | ||||
| WisdomTree Middle East Dividend Fund* |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 821.07 | 0.88 | % | $ | 1.70 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,020.63 | 0.88 | % | $ | 4.48 | ||||
| † | Expenses are calculated using each Fund’s annualized expense ratio, multiplied by the average account value for the period, multiplied by 183/365 (to reflect one-half year period) except for actual return information which reflects the 77 day period for WisdomTree Middle East Dividend Fund. |
| * | Commencement of investment operations for the Middle East Dividend Fund is July 16, 2008. |
| WisdomTree International Dividend Funds | 21 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree DEFA Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 98.9% | |||||
| Australia – 8.9% | |||||
| A.B.C. Learning Centres Ltd. |
240,663 | $ | 102,511 | ||
| AGL Energy Ltd. |
13,910 | 150,319 | |||
| Alumina Ltd. |
86,481 | 209,424 | |||
| Amcor Ltd. |
88,381 | 376,461 | |||
| AMP Ltd. |
109,376 | 602,205 | |||
| APA Group |
14,455 | 34,776 | |||
| Aristocrat Leisure Ltd. |
43,095 | 219,597 | |||
| ASX Ltd. |
18,381 | 437,143 | |||
| Austbrokers Holdings Ltd. |
33,876 | 114,902 | |||
| Australia & New Zealand Banking Group Ltd. |
146,587 | 2,168,023 | |||
| AXA Asia Pacific Holdings Ltd. |
87,170 | 345,861 | |||
| Babcock & Brown Infrastructure Group |
204,096 | 53,127 | |||
| Babcock & Brown Ltd. |
16,467 | 25,264 | |||
| Bendigo and Adelaide Bank Ltd. |
7,857 | 71,892 | |||
| BHP Billiton Ltd. |
80,828 | 1,976,472 | |||
| Billabong International Ltd. |
40,715 | 439,989 | |||
| BlueScope Steel Ltd. |
73,319 | 423,345 | |||
| Boom Logistics Ltd. |
87,520 | 81,807 | |||
| Boral Ltd. |
11,251 | 54,314 | |||
| Brambles Ltd. |
37,049 | 225,027 | |||
| Caltex Australia Ltd. |
28,092 | 273,663 | |||
| Centennial Coal Co., Ltd. |
3,300 | 9,579 | |||
| Challenger Financial Services Group Ltd. |
49,175 | 92,706 | |||
| Coca-Cola Amatil Ltd. |
80,353 | 522,905 | |||
| Commonwealth Bank of Australia |
99,544 | 3,346,537 | |||
| Computershare Ltd. |
54,591 | 400,471 | |||
| Consolidated Media Holdings Ltd. |
13,468 | 26,134 | |||
| CSL Ltd. |
32,058 | 943,219 | |||
| CSR Ltd. |
180,298 | 352,703 | |||
| David Jones Ltd. |
13,630 | 46,231 | |||
| Energy Developments Ltd. |
81,169 | 160,065 | |||
| Envestra Ltd. |
115,310 | 59,577 | |||
| FairFax Media Ltd. |
150,752 | 313,931 | |||
| FlexiGroup Ltd. |
176,128 | 65,297 | |||
| Foster’s Group Ltd. |
119,511 | 520,372 | |||
| Gloucester Coal Ltd. |
859 | 6,268 | |||
| Goodman Fielder Ltd. |
92,407 | 101,318 | |||
| Harvey Norman Holdings Ltd. |
145,351 | 354,278 | |||
| Hastings Diversified Utilities Fund |
21,524 | 40,578 | |||
| Hills Industries Ltd. |
8,754 | 29,416 | |||
| Housewares International Ltd. |
47,472 | 34,450 | |||
| Incitec Pivot Ltd.* |
24,220 | 96,861 | |||
| Insurance Australia Group Ltd. |
133,486 | 431,705 | |||
| Leighton Holdings Ltd. |
16,762 | 496,481 | |||
| Lend Lease Corp. Ltd. |
40,814 | 295,542 | |||
| Lion Nathan Ltd. |
74,341 | 543,595 | |||
| Macquarie Airports |
112,542 | 239,688 | |||
| Macquarie Group Ltd. |
20,101 | 586,660 | |||
| Minara Resources Ltd. |
39,192 | 50,391 | |||
| Mitchell Communications Group Ltd. |
224,531 | 96,525 | |||
| Mortgage Choice Ltd. |
249,719 | 196,978 | |||
| National Australia Bank Ltd. |
128,295 | 2,455,091 | |||
| Investments | Shares | U.S. $ Value | |||
| New Hope Corp. Ltd. |
2,067 | $ | 7,011 | ||
| Newcrest Mining Ltd. |
17,572 | 382,974 | |||
| Orica Ltd. |
26,322 | 434,981 | |||
| Origin Energy Ltd. |
13,333 | 169,430 | |||
| Oz minerals Ltd. |
106,942 | 135,391 | |||
| Perpetual Ltd. |
8,562 | 316,074 | |||
| Photon Group Ltd. |
57,240 | 116,941 | |||
| Qantas Airways Ltd. |
197,630 | 487,938 | |||
| QBE Insurance Group Ltd. |
41,939 | 876,660 | |||
| Regional Express Holdings Ltd. |
150,432 | 121,034 | |||
| Reverse Corp. Ltd. |
42,900 | 50,759 | |||
| Rio Tinto Ltd. |
9,928 | 661,737 | |||
| Santos Ltd. |
20,656 | 311,205 | |||
| Sigma Pharmaceuticals Ltd. |
239,113 | 225,392 | |||
| Sonic Healthcare Ltd. |
41,160 | 425,318 | |||
| SP AusNet |
196,842 | 161,480 | |||
| Spark Infrastructure Group |
49,092 | 56,149 | |||
| Specialty Fashion Group Ltd. |
63,492 | 34,056 | |||
| St.George Bank Ltd. |
39,298 | 886,551 | |||
| STW Communications Group Ltd. |
16,855 | 15,223 | |||
| Suncorp-Metway Ltd. |
70,149 | 514,602 | |||
| TABCORP Holdings Ltd. |
46,497 | 296,349 | |||
| Tatts Group Ltd. |
39,891 | 74,889 | |||
| Telstra Corp. Ltd. |
801,040 | 2,641,177 | |||
| Toll Holdings Ltd. |
40,789 | 223,290 | |||
| Transurban Group |
68,931 | 303,400 | |||
| Wesfarmers Ltd. |
33,841 | 760,239 | |||
| Wesfarmers Ltd. Price Protected Shares |
5,740 | 127,682 | |||
| West Australian Newspapers Holdings Ltd. |
6,139 | 43,582 | |||
| Westpac Banking Corp. |
133,717 | 2,265,625 | |||
| WHK Group Ltd. |
32,250 | 26,456 | |||
| Woodside Petroleum Ltd. |
14,449 | 581,266 | |||
| Woolworths Ltd. |
55,212 | 1,184,594 | |||
| Total Australia | 36,221,129 | ||||
| Austria – 0.3% | |||||
| Andritz AG |
924 | 38,937 | |||
| Bank Austria Creditanstalt AG(a) |
3,774 | — | |||
| BWT AG |
3,875 | 92,259 | |||
| Erste Group Bank AG |
1,938 | 93,780 | |||
| Flughafen Wien AG |
759 | 47,400 | |||
| IMMOFINANZ AG |
39,540 | 135,517 | |||
| OMV AG |
3,538 | 145,760 | |||
| Palfinger AG |
1,538 | 27,653 | |||
| POLYTEC Holding AG |
7,506 | 102,059 | |||
| Raiffeisen International Bank Holding AG |
35 | 2,457 | |||
| Schoeller-Bleckmann Oilfield Equipment AG |
594 | 35,460 | |||
| Telekom Austria AG |
2,691 | 46,833 | |||
| Uniqa Versicherungen AG |
212 | 5,360 | |||
| voestalpine AG |
3,789 | 115,758 | |||
| Wienerberger AG |
7,866 | 209,710 | |||
| Zumtobel AG |
7,359 | 103,265 | |||
| Total Austria | 1,202,208 | ||||
See Notes to Financial Statements.
| 22 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree DEFA Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Belgium – 1.6% | |||||
| Barco N.V. |
5,201 | $ | 234,582 | ||
| Bekaert S.A. |
1,089 | 143,720 | |||
| Belgacom S.A. |
22,633 | 841,997 | |||
| Cofinimmo |
1,170 | 202,143 | |||
| Colruyt S.A. |
825 | 205,045 | |||
| Compagnie Maritime Belge S.A. |
5,868 | 233,427 | |||
| Delhaize Group |
2,327 | 133,997 | |||
| Dexia N.V. |
69,076 | 727,707 | |||
| Euronav N.V. |
8,450 | 230,976 | |||
| InBev N.V. |
14,840 | 872,051 | |||
| KBC Groep N.V. |
12,757 | 1,070,309 | |||
| Mobistar S.A. |
5,669 | 396,118 | |||
| Omega Pharma S.A. |
4,026 | 170,502 | |||
| Solvay S.A. |
2,856 | 346,208 | |||
| UCB S.A. |
21,461 | 750,314 | |||
| Total Belgium | 6,559,096 | ||||
| Denmark – 0.6% | |||||
| A/S Dampskibsselskabat Torm |
6,810 | 160,897 | |||
| Dalhoff Larsen & Horneman A/S Class B |
7,000 | 59,302 | |||
| Danisco A/S |
4,993 | 276,825 | |||
| Danske Bank A/S |
32,800 | 770,323 | |||
| Forstaedernes Bank A/S |
13,712 | 260,724 | |||
| H. Lundbeck A/S |
15,879 | 299,686 | |||
| NKT Holding A/S |
925 | 42,664 | |||
| Novo-Nordisk A/S Class B |
13,002 | 663,342 | |||
| Total Denmark | 2,533,763 | ||||
| Finland – 1.5% | |||||
| Citycon Oyj |
6,646 | 21,471 | |||
| Elisa Oyj |
5,122 | 98,854 | |||
| Finnair Oyj |
10,592 | 60,107 | |||
| Fortum Oyj |
33,101 | 1,096,360 | |||
| Kemira Oyj |
6,614 | 77,110 | |||
| Kesko Oyj Class B |
3,311 | 83,342 | |||
| Konecranes Oyj |
4,953 | 115,560 | |||
| Metso Oyj |
3,311 | 79,389 | |||
| Nokia Oyj |
122,367 | 2,217,289 | |||
| Nokian Renkaat Oyj |
6,613 | 156,054 | |||
| Outokumpu Oyj Class A |
1,072 | 16,654 | |||
| PKC Group Oyj |
5,104 | 47,318 | |||
| Ramirent Oyj |
13,128 | 80,953 | |||
| Rautaruukki Oyj |
9,894 | 193,455 | |||
| Sampo Oyj Class A |
26,425 | 587,205 | |||
| Sanoma Oyj |
8,595 | 160,450 | |||
| Stora Enso Oyj Class R |
34,683 | 332,740 | |||
| Talentum Oyj |
629 | 2,226 | |||
| UPM-Kymmene Oyj |
26,425 | 406,070 | |||
| Uponor Oyj |
6,597 | 82,194 | |||
| Wartsila Oyj |
3,311 | 137,012 | |||
| YIT Oyj |
3,311 | 33,951 | |||
| Total Finland | 6,085,764 | ||||
| Investments | Shares | U.S. $ Value | |||
| France – 15.6% | |||||
| ABC Arbitrage |
10,562 | $ | 72,399 | ||
| Accor S.A. |
12,113 | 635,918 | |||
| Aeroports de Paris |
589 | 47,936 | |||
| Air France-KLM |
12,748 | 286,414 | |||
| Air Liquide S.A. |
9,661 | 1,050,547 | |||
| Altamir Amboise |
30,051 | 230,051 | |||
| Assystem |
27,844 | 381,333 | |||
| Avenir Telecom |
22,329 | 29,796 | |||
| AXA S.A. |
136,572 | 4,392,083 | |||
| BNP Paribas |
50,740 | 4,709,651 | |||
| Bouygues S.A. |
8,648 | 385,680 | |||
| Carrefour S.A. |
24,063 | 1,118,783 | |||
| Casino Guichard Perrachon S.A. |
8,877 | 781,188 | |||
| Christian Dior S.A. |
7,180 | 535,232 | |||
| Cie de Saint-Gobain |
16,638 | 844,729 | |||
| CNP Assurances |
7,179 | 801,273 | |||
| Compagnie Generale des Etablissements Michelin Class B |
10,888 | 695,105 | |||
| Credit Agricole S.A. |
177,522 | 3,342,621 | |||
| Electricite de France |
47,773 | 3,417,960 | |||
| Etablissements Maurel et Prom |
1,493 | 23,551 | |||
| Euler Hermes S.A. |
7,395 | 513,449 | |||
| Fimalac |
3,178 | 193,290 | |||
| Fonciere Des Regions |
428 | 44,067 | |||
| France Telecom S.A. |
179,391 | 4,989,236 | |||
| Gaz de France |
56,030 | 2,872,643 | |||
| GFI Informatique |
28,074 | 147,878 | |||
| Groupe Danone |
14,755 | 1,036,281 | |||
| Groupe Steria SCA |
6,905 | 150,336 | |||
| Haulotte Group |
10,218 | 126,591 | |||
| Hermes International |
7,997 | 1,286,289 | |||
| Imerys S.A. |
1,577 | 89,558 | |||
| IMS-Intl Metal Service |
4,817 | 82,548 | |||
| LaCie S.A. |
17,109 | 84,353 | |||
| Lafarge S.A. |
6,687 | 693,102 | |||
| Lagardere S.C.A. |
8,942 | 398,101 | |||
| Legrand S.A. |
6,131 | 136,240 | |||
| L’Oreal S.A. |
14,580 | 1,418,226 | |||
| LVMH Moet Hennessy Louis Vuitton S.A. |
10,819 | 938,408 | |||
| Manitou BF S.A. |
8,409 | 206,114 | |||
| Natixis |
148,965 | 479,168 | |||
| Neopost S.A. |
729 | 67,942 | |||
| Nexity |
11,199 | 175,554 | |||
| NRJ Group |
28,474 | 282,772 | |||
| PagesJaunes Groupe |
13,743 | 188,022 | |||
| Peugeot S.A. |
5,716 | 211,724 | |||
| PPR |
5,868 | 516,680 | |||
| Renault S.A. |
25,481 | 1,594,708 | |||
| Sanofi-Aventis S.A. |
69,690 | 4,556,782 | |||
| Schneider Electric S.A. |
9,337 | 790,126 | |||
| SCOR SE |
7,965 | 152,157 | |||
| Societe BIC S.A. |
2,767 | 142,563 | |||
| Societe Des Autoroutes Paris-Rhin-Rhone |
13,067 | 1,130,641 | |||
| WisdomTree International Dividend Funds | 23 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree DEFA Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Societe Fonciere Financiere et de Participations FFP |
2,049 | $ | 138,927 | ||
| Societe Generale |
20,594 | 1,793,497 | |||
| Societe Television Francaise 1 |
20,448 | 356,444 | |||
| Technip S.A. |
8,821 | 487,811 | |||
| TOTAL S.A. |
118,265 | 7,073,430 | |||
| Trigano S.A. |
5,650 | 55,713 | |||
| Vallourec |
1,254 | 266,082 | |||
| Veolia Environnement S.A. |
11,981 | 485,772 | |||
| VINCI S.A. |
18,345 | 849,839 | |||
| Vivendi S.A. |
62,296 | 1,926,840 | |||
| Wendel |
1,265 | 98,795 | |||
| Zodiac S.A. |
1,654 | 77,830 | |||
| Total France | 63,088,779 | ||||
| Germany – 7.8% | |||||
| Aareal Bank AG |
7,159 | 81,252 | |||
| Allianz SE |
15,287 | 2,067,410 | |||
| AMB Generali Holding AG |
2,426 | 376,890 | |||
| BASF SE |
36,041 | 1,708,594 | |||
| Bayer AG |
23,267 | 1,692,927 | |||
| Bayerische Motoren Werke AG |
10,312 | 395,289 | |||
| Beate Uhse AG |
76,974 | 100,553 | |||
| Bechtle AG |
576 | 11,821 | |||
| Beiersdorf AG |
7,414 | 466,655 | |||
| Cenit AG |
3,040 | 16,611 | |||
| Comdirect Bank AG |
9,942 | 72,897 | |||
| Commerzbank AG |
21,024 | 307,126 | |||
| Continental AG* |
1,650 | 163,628 | |||
| Daimler AG |
38,016 | 1,890,331 | |||
| Deutsche Bank AG |
29,305 | 2,039,023 | |||
| Deutsche Boerse AG |
5,447 | 488,678 | |||
| Deutsche Lufthansa AG |
24,237 | 469,814 | |||
| Deutsche Post AG |
45,811 | 951,069 | |||
| Deutsche Postbank AG |
5,183 | 194,093 | |||
| Deutsche Telekom AG |
340,379 | 5,149,282 | |||
| Deutz AG |
1,498 | 8,354 | |||
| E.ON AG |
67,747 | 3,385,823 | |||
| Elexis AG |
540 | 10,088 | |||
| Fraport AG Frankfurt Airport Services Worldwide |
5,281 | 311,554 | |||
| Fresenius Medical Care AG & Co. KGaA |
9,330 | 480,575 | |||
| GFK AG |
1,578 | 47,899 | |||
| Hannover Rueckversicherung AG |
2,187 | 78,980 | |||
| Heidelberger Druckmaschinen AG |
14,219 | 221,098 | |||
| Hypo Real Estate Holding AG |
8,494 | 49,514 | |||
| IDS Scheer AG |
5,718 | 56,223 | |||
| Indus Holding AG |
2,262 | 53,220 | |||
| Linde AG |
231 | 24,491 | |||
| MAN AG |
5,215 | 346,484 | |||
| Merck KGAA |
1,408 | 149,122 | |||
| MPC Muenchmeyer Petersen Capital AG |
697 | 12,728 | |||
| MTU Aero Engines Holding AG |
949 | 25,847 | |||
| Muenchener Rueckversicherungs AG |
7,513 | 1,120,849 | |||
| Pfleiderer AG |
9,966 | 119,829 | |||
| RWE AG |
16,314 | 1,546,794 | |||
| Investments | Shares | U.S. $ Value | |||
| Salzgitter AG |
2,392 | $ | 237,748 | ||
| SAP AG |
5,014 | 265,307 | |||
| Siemens AG |
19,824 | 1,830,859 | |||
| ThyssenKrupp AG |
15,694 | 463,598 | |||
| Vivacon AG |
32,443 | 306,693 | |||
| Volkswagen AG |
4,461 | 1,742,051 | |||
| Wacker Chemie AG |
889 | 125,310 | |||
| Total Germany | 31,664,981 | ||||
| Hong Kong – 3.5% | |||||
| Bank of East Asia Ltd. |
72,620 | 224,472 | |||
| BOC Hong Kong Holdings Ltd. |
577,655 | 1,011,818 | |||
| Cathay Pacific Airways Ltd. |
197,000 | 332,378 | |||
| Cheung Kong Holdings Ltd. |
64,969 | 721,706 | |||
| China Everbright Ltd. |
10,000 | 15,481 | |||
| China Merchants Holdings International Co., Ltd. |
66,016 | 207,460 | |||
| China Mobile Ltd. |
348,624 | 3,452,856 | |||
| China Netcom Group Corp. Ltd. |
96,519 | 213,565 | |||
| China Overseas Land & Investment Ltd. |
132,034 | 156,447 | |||
| China Resources Enterprise, Ltd. |
64,016 | 153,190 | |||
| China Travel International Investment Hong Kong Ltd. |
264,067 | 58,838 | |||
| China Unicom Ltd. |
128,051 | 190,979 | |||
| CITIC Pacific Ltd. |
129,954 | 373,241 | |||
| CLP Holdings Ltd. |
51,000 | 409,545 | |||
| CNOOC Ltd. |
756,157 | 861,887 | |||
| Dah Sing Financial Holdings Ltd. |
11,959 | 49,904 | |||
| Denway Motors Ltd. |
198,056 | 61,730 | |||
| Hang Seng Bank Ltd. |
108,106 | 2,009,144 | |||
| Hong Kong Exchanges and Clearing Ltd. |
34,600 | 414,878 | |||
| HongKong Electric Holdings Ltd. |
4,500 | 28,109 | |||
| Hopewell Holdings Ltd. |
33,008 | 118,184 | |||
| Hutchison Whampoa Ltd. |
131,025 | 992,261 | |||
| Lenovo Group Ltd. |
74,000 | 31,928 | |||
| MTR Corp. |
132,034 | 385,167 | |||
| New World Development Ltd. |
98,954 | 107,692 | |||
| Shanghai Industrial Holdings Ltd. |
32,008 | 72,143 | |||
| Shougang Concord International Entertainment Co., Ltd. |
276,000 | 38,746 | |||
| Sino Land Co. Ltd. |
65,969 | 72,219 | |||
| Sun Hung Kai Properties Ltd. |
54,415 | 549,452 | |||
| Television Broadcasts Ltd. |
33,009 | 139,019 | |||
| Wharf Holdings Ltd. (The) |
65,969 | 184,797 | |||
| Wing Hang Bank Ltd. |
16,506 | 125,533 | |||
| Wing Lung Bank Ltd. |
13,203 | 263,742 | |||
| Total Hong Kong | 14,028,511 | ||||
| Ireland – 0.6% | |||||
| Allied Irish Banks PLC |
65,359 | 541,659 | |||
| Anglo Irish Bank Corp. PLC |
30,135 | 162,713 | |||
| Bank of Ireland |
95,663 | 530,774 | |||
| C&C Group PLC |
2,017 | 5,380 | |||
| CRH PLC |
9,181 | 193,441 | |||
| DCC PLC |
3,132 | 61,019 | |||
| FBD Holdings PLC |
7,177 | 116,377 | |||
See Notes to Financial Statements.
| 24 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree DEFA Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| FBD Holding PLC A Shares |
7,177 | $ | 15,122 | ||
| Glanbia PLC |
8,828 | 46,737 | |||
| Independent News & Media PLC |
36,034 | 58,714 | |||
| Irish Life & Permanent PLC |
33,101 | 225,502 | |||
| Kerry Group PLC Class A |
1,668 | 48,734 | |||
| Kingspan Group PLC |
22,581 | 201,412 | |||
| Total Ireland | 2,207,584 | ||||
| Italy – 7.6% | |||||
| A2A SpA |
166,892 | 421,027 | |||
| Actelios SpA |
8,235 | 60,902 | |||
| AcegasAps SpA |
12,418 | 89,657 | |||
| Alleanza Assicurazioni SpA |
36,165 | 327,909 | |||
| Amplifon SpA |
26,822 | 67,439 | |||
| Anima SGRpA |
34,909 | 69,826 | |||
| Assicurazioni Generali SpA |
24,225 | 795,567 | |||
| Atlantia SpA |
13,126 | 266,790 | |||
| Banca Carige SpA |
83,530 | 271,033 | |||
| Banca Monte dei Paschi di Siena SpA |
560,425 | 1,369,730 | |||
| Banca Popolare dell’Etruria e del Lazio |
32,752 | 253,948 | |||
| Banca Popolare di Milano S.c.r.l. |
32,014 | 266,663 | |||
| Biesse SpA |
940 | 7,929 | |||
| Cairo Communication SpA |
48,118 | 163,734 | |||
| Cofide SpA |
86,846 | 63,800 | |||
| Credito Emiliano SpA |
25,286 | 212,220 | |||
| Enel SpA |
450,522 | 3,727,345 | |||
| ENI SpA |
209,610 | 5,476,374 | |||
| ERGO Previdenza SpA |
147,276 | 902,476 | |||
| Esprinet SpA |
20,191 | 86,786 | |||
| Fiat SpA |
12,856 | 169,205 | |||
| Finmeccanica SpA |
17,628 | 377,360 | |||
| Fondiaria-Sai SpA |
10,588 | 245,990 | |||
| Fondiaria-Sai SpA RSP |
15,226 | 253,652 | |||
| Gemina SpA |
88,651 | 89,408 | |||
| Gruppo Editoriale L’Espresso SpA |
24,077 | 51,068 | |||
| Hera SpA |
72,552 | 198,011 | |||
| Ifil Investments SpA |
69,670 | 309,244 | |||
| Ifil Investments SpA RSP |
27,637 | 91,616 | |||
| Intesa Sanpaolo SpA |
16,709 | 78,626 | |||
| Intesa Sanpaolo SpA RSP |
881,868 | 4,762,863 | |||
| Luxottica Group SpA |
15,272 | 345,803 | |||
| Mediaset SpA |
60,957 | 382,950 | |||
| Mediobanca SpA |
26,943 | 359,343 | |||
| Mediolanum SpA |
57,339 | 257,531 | |||
| Milano Assicurazioni SpA |
44,946 | 199,502 | |||
| Milano Assicurazioni SpA RSP |
5,712 | 24,933 | |||
| Panariagroup Industrie Ceramiche SpA |
34,522 | 134,321 | |||
| Piaggio & C. SpA |
36,761 | 81,069 | |||
| Piccolo Credito Valtellinese S.c.r.l. |
21,250 | 174,914 | |||
| Pirelli & C. Real Estate SpA |
14,582 | 183,934 | |||
| Pirelli & C. SpA |
45,316 | 24,825 | |||
| Premafin Finanziaria SpA |
155,211 | 277,754 | |||
| RCS MediaGroup SpA |
71,460 | 147,553 | |||
| Safilo Group SpA |
70,349 | 97,136 | |||
| Investments | Shares | U.S. $ Value | |||
| Saipem SpA |
10,588 | $ | 310,983 | ||
| Snam Rete Gas SpA |
123,583 | 741,233 | |||
| Sogefi SpA |
27,812 | 79,402 | |||
| Telecom Italia SpA |
1,296,105 | 1,915,244 | |||
| Telecom Italia SpA |
28,451 | 31,991 | |||
| Terna Rete Elettrica Nazionale SpA |
137,745 | 502,090 | |||
| UniCredit SpA |
616,177 | 2,248,170 | |||
| Unione di Banche Italiane SCPA |
22,488 | 487,083 | |||
| Unipol Gruppo Finanziario SpA |
123,647 | 260,000 | |||
| Total Italy | 30,795,962 | ||||
| Japan – 10.8% | |||||
| Aeon Fantasy Co., Ltd. |
2,500 | 18,980 | |||
| Alpen Co., Ltd. |
6,900 | 129,596 | |||
| Arcs Co., Ltd. |
1,200 | 14,694 | |||
| Arnest One Corp. |
26,400 | 81,066 | |||
| Asahi Glass Co., Ltd. |
33,000 | 284,727 | |||
| Astellas Pharma, Inc. |
13,200 | 543,343 | |||
| Belluna Co., Ltd. |
28,800 | 127,500 | |||
| Bridgestone Corp. |
23,100 | 426,468 | |||
| Calsonic Kansei Corp. |
28,000 | 77,540 | |||
| Canon, Inc. |
19,800 | 712,438 | |||
| Chubu Electric Power Co., Inc. |
19,800 | 463,458 | |||
| Chugoku Electric Power Co., Inc. (The) |
6,200 | 127,019 | |||
| Cleanup Corp. |
2,600 | 9,968 | |||
| Dai Nippon Printing Co., Ltd. |
33,000 | 441,078 | |||
| Daiichi Sankyo Co., Ltd. |
3,300 | 83,771 | |||
| Daikoku Denki Co., Ltd. |
2,000 | 22,192 | |||
| Daikyo, Inc. |
85,000 | 126,501 | |||
| Daiwa Securities Group, Inc. |
38,000 | 264,155 | |||
| DENSO Corp. |
13,200 | 315,810 | |||
| Eagle Industry Co., Ltd. |
6,000 | 25,037 | |||
| Ehime Bank Ltd. (The) |
1,000 | 2,779 | |||
| Eisai Co., Ltd. |
9,900 | 381,397 | |||
| Fanuc Ltd. |
6,600 | 481,176 | |||
| FCC Co., Ltd. |
4,400 | 57,028 | |||
| Fuji Electronics Co., Ltd. |
21,300 | 157,897 | |||
| Fuji Fire & Marine Insurance Co., Ltd. (The) |
56,000 | 125,540 | |||
| FUJIFILM Holdings Crop. |
13,200 | 334,461 | |||
| Fukushima Bank Ltd. (The) |
37,000 | 25,442 | |||
| Fuso Pharmaceutical Industries Ltd. |
27,000 | 78,840 | |||
| Gulliver International Co., Ltd. |
2,560 | 43,718 | |||
| HIS Co., Ltd. |
1,100 | 12,485 | |||
| Hitachi Ltd. |
66,000 | 446,362 | |||
| Hokkaido Electric Power Co., Inc. |
2,300 | 47,662 | |||
| Hokuriku Electric Power Co. |
600 | 14,383 | |||
| Honda Motor Co., Ltd. |
29,800 | 867,348 | |||
| Honeys Co., Ltd. |
16,080 | 72,399 | |||
| HOYA CORP |
4,800 | 93,138 | |||
| Ichikoh Industries Ltd. |
33,000 | 70,249 | |||
| Iida Home Max Co., Ltd. |
39,500 | 132,826 | |||
| Information Services International-Dentsu Ltd. |
3,300 | 21,013 | |||
| ITOCHU Corp. |
66,000 | 386,681 | |||
| Izumiya Co., Ltd. |
47,000 | 253,671 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 25 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree DEFA Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Japan Tobacco, Inc. |
132 | $ | 489,879 | ||
| Japan Transcity Corp. |
60,000 | 216,456 | |||
| Jastec Co., Ltd. |
2,400 | 12,275 | |||
| JFE Holdings, Inc. |
13,200 | 395,385 | |||
| Kanamoto Co., Ltd. |
24,000 | 96,529 | |||
| Kansai Electric Power Co., Inc. (The) |
23,100 | 511,327 | |||
| Kanto Natural Gas Development Ltd. |
32,000 | 174,219 | |||
| Kanto Tsukuba Bank Ltd. (The) |
37,400 | 163,459 | |||
| Kao Corp. |
13,000 | 345,924 | |||
| Kasumi Co., Ltd. |
22,000 | 118,532 | |||
| Kawasaki Kisen Kaisha Ltd. |
6,000 | 35,718 | |||
| KDDI Corp. |
40 | 221,919 | |||
| Keiyo Co., Ltd. |
10,200 | 51,401 | |||
| Kirin Holdings Co., Ltd. |
33,000 | 428,022 | |||
| Kobe Steel Ltd. |
162,000 | 315,867 | |||
| Kojima Co., Ltd. |
57,800 | 225,941 | |||
| Komatsu Ltd. |
33,000 | 520,652 | |||
| Konaka Co., Ltd. |
6,100 | 25,224 | |||
| Kyocera Corp. |
6,600 | 489,879 | |||
| Kyodo Printing Co., Ltd. |
141,000 | 358,593 | |||
| Kyushu Electric Power Co., Inc. |
23,100 | 478,689 | |||
| Leopalace21 Corp. |
4,300 | 32,564 | |||
| Makino Milling Machine Co., Ltd. |
6,000 | 23,228 | |||
| Maruzen Showa Unyu Co., Ltd. |
93,000 | 251,411 | |||
| Mercian Corp. |
3,000 | 5,765 | |||
| Michinoku Bank Ltd. (The) |
7,000 | 14,506 | |||
| Ministop Co., Ltd. |
5,800 | 104,238 | |||
| Mitsubishi Corp. |
26,400 | 535,883 | |||
| Mitsubishi Electric Corp. |
66,000 | 429,577 | |||
| Mitsubishi Estate Co., Ltd. |
32,976 | 624,328 | |||
| Mitsubishi Heavy Industries Ltd. |
132,000 | 554,533 | |||
| Mitsubishi UFJ Financial Group, Inc. |
116,116 | 976,702 | |||
| Mitsui & Co., Ltd. |
33,000 | 397,250 | |||
| Mitsui Fudosan Co., Ltd. |
32,976 | 609,108 | |||
| Mitsui High-Tec, Inc. |
33,510 | 205,166 | |||
| Mitsui OSK Lines Ltd. |
10,000 | 83,267 | |||
| Mitsui Sumitomo Insurance Group Holdings, Inc. |
9,528 | 313,217 | |||
| Mitsuuroko Co., Ltd. |
16,400 | 96,393 | |||
| Mizuho Financial Group, Inc. |
142 | 591,193 | |||
| NEC Mobiling Ltd. |
6,200 | 79,716 | |||
| Nice Holdings, Inc. |
41,000 | 73,376 | |||
| Nippon Beet Sugar Manufacturing Co., Ltd. |
6,000 | 11,981 | |||
| Nippon Oil Corp. |
66,000 | 326,379 | |||
| Nippon Steel Corp. |
307,000 | 1,119,098 | |||
| Nippon Telegraph & Telephone Corp. |
204 | 901,201 | |||
| Nissan Motor Co., Ltd. |
137,100 | 900,096 | |||
| Nissan Shatai Co., Ltd. |
1,000 | 6,556 | |||
| Nissin Corp. |
34,000 | 80,384 | |||
| Nissin Kogyo Co., Ltd. |
3,800 | 48,715 | |||
| Nitto Boseki Co., Ltd. |
43,000 | 90,322 | |||
| Nomura Holdings, Inc. |
109,100 | 1,362,658 | |||
| NTT DoCoMo, Inc. |
1,593 | 2,519,330 | |||
| Okinawa Electric Power Co., Inc. (The) |
4,100 | 194,254 | |||
| Oracle Corp. |
7,400 | 332,482 | |||
| Investments | Shares | U.S. $ Value | |||
| Pacific Industrial Co., Ltd. |
42,000 | $ | 150,332 | ||
| Pacific Metals Co., Ltd. |
3,000 | 21,193 | |||
| Panasonic Corp. |
33,000 | 557,952 | |||
| Resorttrust, Inc. |
2,200 | 20,453 | |||
| Ricoh Co., Ltd. |
33,000 | 449,781 | |||
| Right On Co., Ltd. |
10,900 | 136,860 | |||
| Riken Corp. |
25,000 | 76,296 | |||
| Royal Holdings Co., Ltd. |
9,400 | 83,229 | |||
| Saibu Gas Co., Ltd. |
100,000 | 221,354 | |||
| San-Ai Oil Co., Ltd. |
27,000 | 85,198 | |||
| Sanden Corp. |
5,000 | 16,531 | |||
| Sanei-International Co., Ltd. |
4,700 | 51,000 | |||
| Sankyo Seiko Co., Ltd. |
49,900 | 83,194 | |||
| Sanoh Industrial Co., Ltd. |
25,700 | 118,617 | |||
| Satori Electric Co., Ltd. |
15,800 | 75,008 | |||
| Sawai Pharmaceutical Co., Ltd. |
3,300 | 129,308 | |||
| Secom Co., Ltd. |
16,500 | 676,070 | |||
| Seikagaku Corp. |
23,200 | 223,117 | |||
| Seino Holdings Corp. |
9,000 | 41,878 | |||
| Sekisui House, Ltd. |
33,000 | 296,538 | |||
| Seven & I Holdings Co., Ltd. |
5,100 | 143,875 | |||
| Sharp Corp. |
33,000 | 350,002 | |||
| Shindengen Electric Manufacturing Co., Ltd. |
34,000 | 70,456 | |||
| Shin-Etsu Chemical Co., Ltd. |
9,900 | 455,998 | |||
| Shinko Shoji Co., Ltd. |
4,300 | 29,365 | |||
| Shinwa Kaiun Kaisha Ltd. |
15,000 | 57,929 | |||
| Shizuoka Gas Co., Ltd. |
1,500 | 5,426 | |||
| Showa Corp. |
12,500 | 74,412 | |||
| Sinanen Co., Ltd. |
29,000 | 109,264 | |||
| Sojitz Corp. |
5,700 | 12,778 | |||
| Sompo Japan Insurance, Inc. |
19,000 | 155,164 | |||
| Sony Corp. |
9,900 | 295,606 | |||
| SSP Co., Ltd. |
21,000 | 101,870 | |||
| Starzen Co., Ltd. |
159,000 | 348,957 | |||
| Sumco Corp. |
6,000 | 90,934 | |||
| Sumitomo Chemical Co., Ltd. |
66,000 | 282,862 | |||
| Sumitomo Corp. |
33,000 | 298,714 | |||
| Sumitomo Electric Industries Ltd. |
19,600 | 209,173 | |||
| Sumitomo Metal Industries Ltd. |
132,000 | 394,141 | |||
| Sumitomo Mitsui Financial Group, Inc. |
67 | 397,589 | |||
| Sumitomo Trust & Banking Co., Ltd. (The) |
14,000 | 88,353 | |||
| Sumitomo Warehouse Co., Ltd. (The) |
16,000 | 62,996 | |||
| Suzuki Motor Corp. |
23,100 | 417,330 | |||
| T&D Holdings, Inc. |
6,600 | 339,434 | |||
| Taihei Kogyo Co., Ltd. |
41,000 | 103,499 | |||
| Takeda Pharmaceutical Co., Ltd. |
14,500 | 717,044 | |||
| Teikoku Tsushin Kogyo Co., Ltd. |
31,000 | 80,300 | |||
| TOA Corp. |
6,000 | 31,027 | |||
| Tochigi Bank Ltd. (The) |
164,000 | 858,889 | |||
| TOHO Gas Co., Ltd. |
7,000 | 38,374 | |||
| Tohoku Electric Power Co., Inc. |
23,100 | 495,008 | |||
| Tokushima Bank Ltd. (The) |
1,000 | 3,645 | |||
| Tokyo Electric Power Co., Inc. (The) |
29,700 | 724,561 | |||
| Tokyo Gas Co., Ltd. |
99,000 | 407,507 | |||
See Notes to Financial Statements.
| 26 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree DEFA Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Tokyo Seimitsu Co., Ltd. |
9,100 | $ | 108,087 | ||
| Tokyo Tomin Bank Ltd. (The) |
2,500 | 39,844 | |||
| Tokyu Livable, Inc. |
9,200 | 45,582 | |||
| Tonami Transportation Co., Ltd. |
74,000 | 150,558 | |||
| Topre Corp. |
16,300 | 109,470 | |||
| Toray Industries, Inc. |
34,000 | 155,965 | |||
| Toshiba Corp. |
66,000 | 280,375 | |||
| Tosho Printing Co., Ltd. |
6,000 | 15,598 | |||
| Toyo Securities Co., Ltd. |
8,000 | 18,311 | |||
| Toyota Motor Corp. |
69,200 | 2,854,953 | |||
| Trans Cosmos, Inc. |
13,100 | 101,306 | |||
| Trend Micro, Inc. |
500 | 18,603 | |||
| United Arrows Ltd. |
15,500 | 116,069 | |||
| Valor Co., Ltd. |
2,500 | 19,003 | |||
| Yamaha Motor Co., Ltd. |
3,500 | 46,715 | |||
| Yokohama Reito Co., Ltd. |
3,000 | 20,317 | |||
| ZERIA Pharmaceutical Co., Ltd. |
7,000 | 67,847 | |||
| Total Japan | 43,907,597 | ||||
| Netherlands – 2.7% | |||||
| AEGON N.V. |
73,673 | 641,606 | |||
| Akzo Nobel N.V. |
9,140 | 431,566 | |||
| Ballast Nedam N.V. CVA |
6,464 | 186,042 | |||
| Brunel International |
4,292 | 84,583 | |||
| CSM N.V. |
7,048 | 177,012 | |||
| Heijmans N.V. CVA |
8,818 | 142,689 | |||
| Heineken Holding N.V. |
5,406 | 209,809 | |||
| Heineken N.V. |
6,918 | 275,439 | |||
| ING Groep N.V. CVA |
106,653 | 2,236,666 | |||
| Koninklijke BAM Groep N.V. |
5,463 | 69,369 | |||
| Koninklijke DSM N.V. |
6,852 | 321,031 | |||
| Koninklijke KPN N.V. |
126,330 | 1,808,565 | |||
| Koninklijke Philips Electronics N.V. |
27,070 | 725,686 | |||
| Koninklijke Vopak N.V. |
4,820 | 224,236 | |||
| Macintosh Retail Group N.V. |
1,571 | 23,987 | |||
| OCE N.V. |
14,222 | 99,885 | |||
| Ordina N.V. |
10,463 | 78,040 | |||
| Randstad Holding N.V. |
8,328 | 215,885 | |||
| Reed Elsevier N.V. |
23,295 | 344,523 | |||
| SBM Offshore N.V. |
4,724 | 99,666 | |||
| STMicroelectronics N.V. |
1,397 | 13,775 | |||
| TNT N.V. |
11,784 | 322,772 | |||
| Unilever N.V. CVA |
68,095 | 1,899,602 | |||
| USG People N.V. |
10,156 | 137,663 | |||
| Wavin N.V. |
15,474 | 87,594 | |||
| Wolters Kluwer N.V. |
10,357 | 207,090 | |||
| Total Netherlands | 11,064,781 | ||||
| New Zealand – 0.4% | |||||
| Air New Zealand Ltd. |
142,016 | 90,110 | |||
| Auckland International Airport Ltd. |
80,663 | 105,056 | |||
| Contact Energy Ltd. |
6,514 | 34,022 | |||
| Fletcher Building Ltd. |
31,953 | 141,920 | |||
| Mainfreight Ltd. |
39,071 | 167,011 | |||
| New Zealand Refining Co., Ltd. (The) |
18,761 | 81,448 | |||
| Investments | Shares | U.S. $ Value | |||
| PGG Wrightson Ltd. |
15,655 | $ | 16,730 | ||
| Port of Tauranga Ltd. |
64,430 | 284,016 | |||
| Sky City Entertainment Group Ltd. |
32,863 | 80,334 | |||
| Telecom Corp. of New Zealand Ltd. |
220,780 | 402,563 | |||
| TrustPower Ltd. |
11,613 | 60,887 | |||
| Vector Ltd. |
119,687 | 167,072 | |||
| Warehouse Group Ltd. (The) |
27,753 | 55,979 | |||
| Total New Zealand | 1,687,148 | ||||
| Norway – 0.9% | |||||
| ABG Sundal Collier Holding ASA |
87,000 | 76,518 | |||
| Acta Holding ASA |
135,000 | 68,501 | |||
| Aker ASA Class A |
3,121 | 95,283 | |||
| DnB NOR ASA |
66,018 | 495,780 | |||
| Ekornes ASA |
3,301 | 44,387 | |||
| Norsk Hydro ASA |
38,059 | 249,444 | |||
| Norwegian Property ASA |
23,600 | 39,917 | |||
| Orkla ASA |
29,710 | 265,829 | |||
| Schibsted ASA |
1,650 | 30,071 | |||
| Sparebank 1 SMN |
32,500 | 208,887 | |||
| Sparebank 1 SR Bank |
47,750 | 310,941 | |||
| Sparebanken 1Nord-Norge |
14,200 | 146,508 | |||
| Statoil Hydro ASA |
52,638 | 1,236,645 | |||
| Telenor ASA |
22,700 | 275,673 | |||
| Veidekke ASA |
7,150 | 37,732 | |||
| Yara International ASA |
5,952 | 204,363 | |||
| Total Norway | 3,786,479 | ||||
| Portugal – 0.6% | |||||
| Banco BPI, S.A. |
25,695 | 77,960 | |||
| Banco Espirito Santo, S.A. |
18,840 | 228,910 | |||
| Banif SGPS, S.A. |
35,763 | 83,389 | |||
| Brisa-Auto-estradas de Portugal S.A. |
20,138 | 198,008 | |||
| Jeronimo Martins, SGPS, S.A. |
22,119 | 186,417 | |||
| Mota-Engil, SGPS, S.A. |
7,180 | 30,771 | |||
| Portucel-Empresa Produtora De Pasta E Papel, S.A. |
21,604 | 55,928 | |||
| Portugal Telecom, SGPS, S.A. |
67,304 | 671,697 | |||
| SAG Gest-Solucoes Automovel Globais, SGPS, S.A. |
188,526 | 397,220 | |||
| Semapa-Sociedade de Investimento e Gestao, SGPS, S.A. |
6,885 | 66,730 | |||
| Sonae SGPS, S.A. |
106,890 | 80,176 | |||
| Zon Multimedia Servicos de Telecomunicacoes e Multimedia SGPS S.A. |
20,204 | 147,290 | |||
| Total Portugal | 2,224,496 | ||||
| Singapore – 1.7% | |||||
| Asia Environment Holdings Ltd. |
184,000 | 27,027 | |||
| CH Offshore Ltd. |
102,000 | 36,742 | |||
| China Aviation Oil Singapore Corp. Ltd. |
31,000 | 17,455 | |||
| Chip Eng Seng Corp. Ltd. |
225,000 | 35,410 | |||
| ComfortDelgro Corp., Ltd. |
99,002 | 103,178 | |||
| Cosco Corp., Ltd. |
58,000 | 60,852 | |||
| CSE Global Ltd. |
40,000 | 23,781 | |||
| DBS Group Holdings Ltd. |
52,000 | 610,310 | |||
| FJ Benjamin Holdings Ltd. |
197,000 | 40,648 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 27 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree DEFA Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Fraser and Neave Ltd. |
35,807 | $ | 88,910 | ||
| Guocoland Ltd. |
32,976 | 42,209 | |||
| Ho Bee Investment Ltd. |
18,000 | 7,617 | |||
| Jaya Holdings Ltd. |
99,000 | 71,323 | |||
| Keppel Land Ltd. |
32,976 | 65,274 | |||
| Keppel Telecommunications & Transportation Ltd. |
36,000 | 41,547 | |||
| KS Energy Services Ltd. |
40,000 | 41,687 | |||
| Midas Holdings Ltd. |
19,000 | 5,515 | |||
| MobileOne Ltd. |
63,800 | 81,217 | |||
| Neptune Orient Lines Ltd. |
48,000 | 60,097 | |||
| Oversea-Chinese Banking Corp. Ltd. |
132,000 | 661,985 | |||
| Pacific Century Regional Developments Ltd. |
68,000 | 11,891 | |||
| Parkway Holdings Ltd. |
66,000 | 86,787 | |||
| Rickmers Maritime |
55,000 | 32,314 | |||
| Rotary Engineering Ltd. |
67,000 | 20,620 | |||
| SBS Transit Ltd. |
49,500 | 65,783 | |||
| SembCorp Industries Ltd. |
41,000 | 92,628 | |||
| SembCorp Marine Ltd. |
39,223 | 82,029 | |||
| SIA Engineering Co., Ltd. |
33,001 | 52,628 | |||
| Singapore Airlines Ltd. |
33,899 | 337,164 | |||
| Singapore Airport Terminal Services Ltd. |
66,001 | 75,248 | |||
| Singapore Exchange Ltd. |
33,000 | 141,491 | |||
| Singapore Petroleum Co., Ltd. |
20,000 | 65,189 | |||
| Singapore Post Ltd. |
132,000 | 88,172 | |||
| Singapore Press Holdings Ltd. |
66,001 | 183,734 | |||
| Singapore Shipping Corp., Ltd. |
226,000 | 39,519 | |||
| Singapore Technologies Engineering Ltd. |
152,000 | 285,990 | |||
| Singapore Telecommunications Ltd. |
695,150 | 1,580,218 | |||
| SMRT Corp. Ltd. |
99,000 | 137,106 | |||
| Stamford Land Corp. Ltd. |
81,000 | 21,246 | |||
| StarHub Ltd. |
61,449 | 110,889 | |||
| Straits Trading Co., Ltd. |
33,000 | 82,633 | |||
| Super Coffeemix Manufacturing Ltd. |
20,000 | 7,274 | |||
| United Engineers Ltd. |
2,000 | 2,392 | |||
| United Overseas Bank Ltd. |
67,038 | 787,745 | |||
| UOB Kay Hian Holdings Ltd. |
26,000 | 22,732 | |||
| Venture Corp., Ltd. |
30,000 | 161,572 | |||
| Total Singapore | 6,697,778 | ||||
| Spain – 5.7% | |||||
| Abertis Infraestructuras S.A. |
17,146 | 332,843 | |||
| Acciona S.A. |
1,635 | 244,129 | |||
| Acerinox S.A. |
8,412 | 148,408 | |||
| ACS, Actividades de Construccion y Servicios, S.A. |
6,360 | 254,339 | |||
| Antena 3 de Television, S.A. |
7,025 | 50,522 | |||
| Banco Bilbao Vizcaya Argentaria, Chile, S.A. |
177,752 | 2,861,326 | |||
| Banco de Sabadell, S.A. |
33,937 | 259,799 | |||
| Banco Espanol de Credito, S.A. |
19,828 | 264,588 | |||
| Banco Guipuzcoano S.A. |
8,110 | 76,324 | |||
| Banco Popular Espanol, S.A. |
43,789 | 509,903 | |||
| Banco Santander, S.A. |
336,428 | 4,961,919 | |||
| Bankinter, S.A. |
18,666 | 229,680 | |||
| Cia Espanola De Petroleos, S.A. |
6,606 | 645,827 | |||
| Ebro Puleva S.A. |
13,187 | 206,348 | |||
| Investments | Shares | U.S. $ Value | |||
| Enagas |
11,784 | $ | 251,596 | ||
| Endesa S.A. |
42,331 | 1,529,318 | |||
| Fomento de Construcciones y Contratas S.A. |
1,408 | 62,734 | |||
| Gas Natural SDG, S.A. |
16,480 | 603,716 | |||
| Gestevision Telecinco, S.A. |
17,792 | 179,439 | |||
| Grupo Ferrovial S.A. |
3,571 | 161,716 | |||
| IBERDROLA, S.A. |
153,965 | 1,544,146 | |||
| Iberia Lineas Aereas de Espana |
53,106 | 127,558 | |||
| Inditex S.A. |
10,814 | 450,988 | |||
| Mapfre S.A. |
45,514 | 196,269 | |||
| Red Electric Corp. S.A. |
4,723 | 237,835 | |||
| Renta Corp Real Estate S.A. |
18,990 | 107,764 | |||
| Repsol YPF, S.A. |
37,209 | 1,092,352 | |||
| Sacyr Vallehermoso, S.A. |
1,273 | 20,724 | |||
| Telefonica, S.A. |
206,818 | 4,877,612 | |||
| Union Fenosa, S.A. |
22,342 | 541,038 | |||
| Zardoya Otis, S.A. |
6,621 | 142,758 | |||
| Total Spain | 23,173,518 | ||||
| Sweden – 3.0% | |||||
| AB SKF Class B |
13,203 | 164,736 | |||
| AB Volvo Class A |
33,011 | 273,405 | |||
| AB Volvo Class B |
82,527 | 727,892 | |||
| Alfa Laval AB |
26,404 | 266,019 | |||
| Assa Abloy AB Class B |
13,203 | 156,215 | |||
| Atlas Copco AB Class A |
26,406 | 293,495 | |||
| Axfood AB |
6,290 | 168,690 | |||
| Bilia AB Class A |
14,960 | 70,801 | |||
| Boliden AB |
11,000 | 44,803 | |||
| Brostrom AB Class B |
30,013 | 246,423 | |||
| Cardo AB |
900 | 20,523 | |||
| Connecta AB |
40,425 | 307,271 | |||
| D. Carnegie & Co. AB |
3,972 | 28,482 | |||
| Electrolux AB Series B |
13,203 | 151,008 | |||
| Eniro AB |
62,768 | 215,145 | |||
| Fabege AB |
19,791 | 108,992 | |||
| Gunnebo AB |
15,000 | 75,293 | |||
| Hennes & Mauritz AB Class B |
29,167 | 1,162,873 | |||
| Haldex AB |
5,078 | 50,432 | |||
| Hemtex AB |
9,800 | 53,408 | |||
| Holmen AB Class B |
3,301 | 105,098 | |||
| JM AB |
13,203 | 104,617 | |||
| Kungsleden AB |
40,032 | 250,317 | |||
| NCC AB Class B |
6,223 | 60,242 | |||
| Nibe Industrier AB Class B |
9,268 | 63,535 | |||
| Nobia AB |
19,200 | 61,129 | |||
| Nordea Bank AB |
118,728 | 1,380,924 | |||
| Q-Med AB |
24,030 | 103,044 | |||
| Ratos AB Class B |
13,203 | 293,495 | |||
| Rezidor Hotel Group AB |
16,200 | 46,467 | |||
| rnb Retail and Brands AB |
52,800 | 61,715 | |||
| rnb Retail And Brands AB* |
52,800 | 57,171 | |||
| Sandvik AB |
39,610 | 409,009 | |||
| Scania AB Class A |
19,008 | 226,261 | |||
See Notes to Financial Statements.
| 28 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree DEFA Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Scania AB Class B |
26,408 | $ | 317,188 | ||
| Securitas AB Class B |
38,982 | 429,080 | |||
| Skandinaviska Enskilda Banken AB Class A |
20,807 | 312,579 | |||
| Skandinaviska Enskilda Banken AB Class C |
12,200 | 172,342 | |||
| Skanska AB Class B |
19,807 | 220,149 | |||
| SSAB Svenskt Stal AB Series A |
13,102 | 201,996 | |||
| Svenska Cellulosa Class B |
19,807 | 205,235 | |||
| Svenska Handelsbanken AB Class A |
26,408 | 575,672 | |||
| Svenska Handelsbanken AB Class B |
4,200 | 90,653 | |||
| Swedbank AB Class A |
23,107 | 290,795 | |||
| Tele2 AB Class B |
3,205 | 35,738 | |||
| Telefonaktiebolaget LM Ericsson Class B |
72,804 | 668,238 | |||
| TeliaSonera AB |
137,400 | 770,477 | |||
| Trelleborg AB Class B |
7,900 | 107,633 | |||
| Wihlborgs Fastigheter AB |
2,495 | 33,725 | |||
| Total Sweden | 12,240,430 | ||||
| Switzerland – 4.7% | |||||
| Adecco S.A. |
5,442 | 234,133 | |||
| Baloise Holding AG |
2,029 | 136,081 | |||
| Ciba Holding AG |
4,893 | 207,284 | |||
| Compagnie Financiere Richemont S.A. Class A |
7,460 | 325,346 | |||
| Credit Suisse Group AG |
48,979 | 2,179,757 | |||
| EFG International AG |
5,284 | 150,803 | |||
| Geberit AG |
686 | 83,452 | |||
| Givaudan S.A. |
264 | 219,088 | |||
| Helvetia Holding AG |
440 | 109,877 | |||
| Holcim Ltd. |
8,342 | 602,633 | |||
| Huber & Suhner AG |
4,306 | 168,976 | |||
| Kudelski S.A. |
7,235 | 88,336 | |||
| Kuehne + Nagel International AG |
3,050 | 200,341 | |||
| Mobilezone Holding AG |
4,446 | 29,739 | |||
| Nestle S.A. |
105,418 | 4,531,680 | |||
| Nobel Biocare Holding AG |
3,866 | 127,781 | |||
| Novartis AG |
60,396 | 3,153,788 | |||
| Panalpina Welttransport Holding AG |
883 | 58,276 | |||
| Rieter Holding AG |
505 | 152,232 | |||
| Roche Holding AG |
13,226 | 2,058,361 | |||
| SGS S.A. |
231 | 269,474 | |||
| Swatch Group AG (The) |
1,349 | 244,835 | |||
| Swiss Reinsurance |
17,166 | 929,299 | |||
| Swisscom AG |
2,132 | 630,330 | |||
| Swissquote Group Holding S.A. |
3,312 | 96,295 | |||
| Syngenta AG |
368 | 77,850 | |||
| Tecan Group AG |
2,839 | 140,526 | |||
| Vontobel Holding AG |
7,240 | 229,226 | |||
| Zurich Financial Services AG |
5,148 | 1,404,939 | |||
| Total Switzerland | 18,840,738 | ||||
| United Kingdom – 20.4% | |||||
| Alliance & Leicester PLC |
63,840 | 304,677 | |||
| Anglo American PLC |
38,685 | 1,279,097 | |||
| AstraZeneca PLC |
52,806 | 2,315,450 | |||
| Aviva PLC |
110,825 | 948,191 | |||
| BAE SYSTEMS PLC |
219,819 | 1,614,281 | |||
| Investments | Shares | U.S. $ Value | |||
| Barclays PLC |
650,884 | $ | 3,787,946 | ||
| BG Group PLC |
1,877 | 33,892 | |||
| BHP Billiton PLC |
45,957 | 1,031,322 | |||
| Bloomsbury Publishing PLC |
925 | 2,473 | |||
| Bovis Homes Group PLC |
5,652 | 37,980 | |||
| BP PLC |
694,844 | 5,746,750 | |||
| Brit Insurance Holdings PLC |
22,740 | 72,959 | |||
| British American Tobacco PLC |
71,200 | 2,328,804 | |||
| British Energy Group PLC |
21,155 | 286,579 | |||
| British Sky Broadcasting PLC |
112,471 | 830,964 | |||
| BT Group PLC |
432,073 | 1,240,708 | |||
| Cable & Wireless PLC |
117,359 | 346,203 | |||
| Cadbury PLC |
83,639 | 843,060 | |||
| Carnival PLC |
2,260 | 66,911 | |||
| Centrica PLC |
279,250 | 1,562,931 | |||
| Chesnara PLC |
8,996 | 18,440 | |||
| Collins Stewart PLC |
51,039 | 58,224 | |||
| Compass Group PLC |
198,534 | 1,217,336 | |||
| Debenhams PLC |
77,863 | 67,659 | |||
| Diageo PLC |
123,295 | 2,076,798 | |||
| Dsg International PLC |
146,366 | 124,575 | |||
| DTZ Holdings PLC |
27,660 | 62,614 | |||
| Findel PLC |
27,042 | 49,045 | |||
| Friends Provident PLC |
113,705 | 190,716 | |||
| Galliford Try PLC |
243,694 | 195,467 | |||
| GlaxoSmithKline PLC |
251,130 | 5,420,754 | |||
| Highway Insurance Group PLC |
32,305 | 40,451 | |||
| Hikma Pharmaceuticals PLC |
36,536 | 260,657 | |||
| Home Retail Group PLC |
29,467 | 121,854 | |||
| HSBC Holdings PLC |
600,529 | 9,644,412 | |||
| Imperial Tobacco Group PLC |
31,785 | 1,018,093 | |||
| Investec PLC |
3,451 | 18,592 | |||
| ITV PLC |
115,233 | 86,267 | |||
| J. Sainsbury PLC |
110,260 | 683,934 | |||
| Kingfisher PLC |
77,794 | 182,620 | |||
| Lavendon Group PLC |
15,010 | 64,211 | |||
| Legal & General Group PLC |
641,289 | 1,143,065 | |||
| Lloyds TSB Group PLC |
530,677 | 2,142,474 | |||
| Logica PLC |
23,707 | 45,637 | |||
| Lonmin PLC |
1,947 | 78,918 | |||
| Luminar Group Holdings PLC |
30,005 | 99,477 | |||
| Man Group PLC |
150,779 | 905,035 | |||
| Marks & Spencer Group PLC |
144,675 | 519,620 | |||
| Mitchells & Butlers PLC |
31,372 | 122,602 | |||
| MJ Gleeson Group PLC |
31,192 | 65,884 | |||
| Mondi PLC |
3,548 | 16,316 | |||
| National Grid PLC |
150,919 | 1,920,698 | |||
| New Star Asset Management Group PLC |
28,391 | 33,526 | |||
| Next PLC |
2,710 | 49,222 | |||
| Northgate PLC |
2,102 | 7,625 | |||
| Old Mutual PLC |
507,564 | 696,624 | |||
| Paragon Group of Companies PLC |
92,622 | 107,311 | |||
| Pearson PLC |
109,064 | 1,166,406 | |||
| Pendragon PLC |
526,626 | 83,824 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 29 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree DEFA Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Persimmon PLC |
26,487 | $ | 188,021 | ||
| Prudential PLC |
140,955 | 1,275,069 | |||
| Reckitt Benckiser Group PLC |
32,722 | 1,581,198 | |||
| Reed Elsevier PLC |
108,289 | 1,071,259 | |||
| Rexam PLC |
22,617 | 158,433 | |||
| Rio Tinto PLC |
12,115 | 749,540 | |||
| Robert Walters PLC |
35,843 | 69,159 | |||
| Royal Dutch Shell PLC Class A |
113,773 | 3,281,215 | |||
| Royal Dutch Shell PLC Class B |
85,179 | 2,395,833 | |||
| RSA Insurance Group PLC |
50,659 | 134,543 | |||
| SABMiller PLC |
49,312 | 954,552 | |||
| Sage Group PLC (The) |
305,522 | 1,063,559 | |||
| Savills PLC |
27,599 | 127,535 | |||
| Scottish & Southern Energy PLC |
4,987 | 126,847 | |||
| Shore Capital Group PLC |
75,366 | 30,897 | |||
| Smith & Nephew PLC |
47,925 | 504,855 | |||
| Smiths Group PLC |
61,615 | 1,111,434 | |||
| Smiths News PLC |
215,756 | 276,893 | |||
| Standard Chartered PLC |
62,727 | 1,503,813 | |||
| Standard Life PLC |
60,024 | 256,775 | |||
| Tesco PLC |
241,547 | 1,668,793 | |||
| Thomson Reuters PLC |
1,392 | 30,791 | |||
| Tomkins PLC |
27,042 | 74,109 | |||
| Topps Tiles PLC |
38,592 | 39,897 | |||
| Travis Perkins PLC |
20,640 | 194,434 | |||
| Trinity Mirror PLC |
53,560 | 80,670 | |||
| Unilever PLC |
58,424 | 1,584,977 | |||
| UTV Media PLC |
10,252 | 22,979 | |||
| Vodafone Group PLC |
2,700,885 | 5,907,010 | |||
| WPP Group PLC |
32,883 | 262,583 | |||
| Xstrata PLC |
19,429 | 594,271 | |||
| Total United Kingdom | 82,810,105 | ||||
| TOTAL COMMON STOCKS | |||||
| (Cost: $536,028,685) | 400,820,847 | ||||
| WARRANTS* – 0.0% | |||||
| Hong Kong – 0.0% | |||||
| Industrial and Commercial Bank of China, expiring 11/06/08 (Cost: $0) |
1 | — | |||
| TOTAL LONG-TERM INVESTMENTS (Cost: $536,028,685) |
400,820,847 | ||||
| SHORT-TERM INVESTMENT – 0.1% | |||||
| MONEY MARKET FUND – 0.1% | |||||
| Untied States – 0.01% | |||||
| Columbia Cash Reserves Fund, 2.08%(b) (Cost: $281,147) |
281,147 | 281,147 | |||
| Investments | Shares | U.S. $ Value | |||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.0% | |||||
| MONEY MARKET FUND – 0.0% | |||||
| UBS Private Money Market Fund LLC, 3.01%(c) (Cost: $14,617)(d) |
14,617 | $ | 14,617 | ||
| TOTAL INVESTMENTS IN SECURITIES – 99.0% (Cost: $536,324,449)(e) | 401,116,611 | ||||
| Cash, Foreign Currency and Other Assets in |
4,092,583 | ||||
| NET ASSETS – 100.0% | $ | 405,209,194 | |||
RPS – Risparmio Italian Savings Shares.
| * | Non-income producing security. |
| (a) |
Escrow security – additional shares that were issued as a result of a corporate action. |
| (b) |
Rate shown represents annualized 7-day yield as of September 30, 2008. |
| (c) |
Interest rate shown reflects yield as of September 30, 2008. |
| (d) |
At September 30, 2008, the total market value of the Fund’s securities on loan was $0 and the total market value of the collateral held by the fund was $14,617. |
| (e) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 30 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree DEFA High-Yielding Equity Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.4% | |||||
| Australia – 13.1% | |||||
| A.B.C. Learning Centres Ltd. |
138,653 | $ | 59,060 | ||
| AGL Energy Ltd. |
5,632 | 60,863 | |||
| Alesco Corp., Ltd. |
3,734 | 17,437 | |||
| Alumina Ltd. |
33,354 | 80,771 | |||
| Amcor Ltd. |
34,772 | 148,112 | |||
| AMP Ltd. |
71,141 | 391,690 | |||
| Aristocrat Leisure Ltd. |
13,640 | 69,505 | |||
| ASX Ltd. |
7,466 | 177,559 | |||
| Australia & New Zealand Banking Group Ltd. |
87,307 | 1,291,271 | |||
| Australian Wealth Management Ltd. |
8,802 | 8,366 | |||
| AXA Asia Pacific Holdings Ltd. |
35,366 | 140,320 | |||
| Babcock & Brown Communities Ltd. |
219,848 | 71,968 | |||
| Babcock & Brown Infrastructure Group |
172,997 | 45,032 | |||
| Babcock & Brown Ltd. |
18,227 | 27,964 | |||
| Becton Property Group |
32,461 | 13,315 | |||
| Bendigo and Adelaide Bank Ltd. |
8,977 | 82,140 | |||
| Billabong International Ltd. |
12,895 | 139,351 | |||
| BlueScope Steel Ltd. |
45,375 | 261,996 | |||
| Boral Ltd. |
22,205 | 107,194 | |||
| Bradken Ltd. |
564 | 3,870 | |||
| Brambles Ltd. |
36,925 | 224,274 | |||
| Caltex Australia Ltd. |
8,871 | 86,418 | |||
| Challenger Financial Services Group Ltd. |
52,391 | 98,769 | |||
| Coca-Cola Amatil Ltd. |
35,233 | 229,282 | |||
| Coffey International Ltd. |
41,130 | 77,864 | |||
| Commonwealth Bank of Australia |
71,400 | 2,400,373 | |||
| ConnectEast Group |
91,729 | 58,970 | |||
| Consolidated Media Holdings Ltd. |
6,657 | 12,918 | |||
| CSR Ltd. |
52,700 | 103,093 | |||
| David Jones Ltd. |
10,636 | 36,076 | |||
| FairFax Media Ltd. |
79,733 | 166,039 | |||
| FKP Property Group |
2,756 | 8,370 | |||
| Foster’s Group Ltd. |
76,431 | 332,794 | |||
| Galileo Japan Trust |
139,511 | 30,813 | |||
| Goodman Fielder Ltd. |
14,675 | 16,090 | |||
| GRD Ltd. |
123,290 | 64,186 | |||
| Great Southern Ltd. |
12,284 | 4,021 | |||
| GUD Holdings Ltd. |
1,352 | 6,292 | |||
| Harvey Norman Holdings Ltd. |
18,715 | 45,616 | |||
| Insurance Australia Group Ltd. |
85,387 | 276,148 | |||
| Invocare Ltd. |
5,528 | 21,148 | |||
| IOOF Holdings Ltd. |
10,873 | 47,772 | |||
| Iress Market Technology Ltd. |
4,917 | 22,379 | |||
| Lend Lease Corp. Ltd. |
29,552 | 213,992 | |||
| Lion Nathan Ltd. |
23,562 | 172,290 | |||
| Macquarie Airports |
67,260 | 143,248 | |||
| Macquarie Group Ltd. |
22,317 | 651,335 | |||
| Minara Resources Ltd. |
48,937 | 62,920 | |||
| National Australia Bank Ltd. |
100,426 | 1,921,782 | |||
| Navitas Ltd. |
16,713 | 29,662 | |||
| Octaviar Ltd. |
16,446 | 12,843 | |||
| Pacific Brands Ltd. |
23,585 | 35,905 | |||
| Investments | Shares | U.S. $ Value | |||
| Perpetual Ltd. |
2,724 | $ | 100,559 | ||
| Primary Health Care Ltd. |
2,948 | 11,976 | |||
| PMP Ltd. |
73,111 | 70,934 | |||
| Qantas Airways Ltd. |
145,692 | 359,706 | |||
| QBE Insurance Group Ltd. |
40,077 | 837,738 | |||
| Ridley Corp., Ltd. |
24,786 | 18,867 | |||
| Service Stream Ltd. |
66,385 | 55,506 | |||
| Seven Network Ltd. |
21,694 | 107,807 | |||
| Sims Group Ltd. |
10,024 | 235,627 | |||
| Skilled Group Ltd. |
20,537 | 46,979 | |||
| SMS Managmnet & Technology Ltd. |
728 | 1,907 | |||
| Sonic Healthcare Ltd. |
13,025 | 134,591 | |||
| St.George Bank Ltd. |
23,106 | 521,264 | |||
| STW Communications Group Ltd. |
19,315 | 17,445 | |||
| Suncorp-Metway Ltd. |
38,338 | 281,242 | |||
| Sunland Group Ltd. |
9,742 | 18,520 | |||
| TABCORP Holdings Ltd. |
50,870 | 324,220 | |||
| Tatts Group Ltd. |
56,858 | 106,742 | |||
| Telstra Corp. Ltd. |
547,814 | 1,806,244 | |||
| Timbercorp Ltd. |
100,438 | 48,724 | |||
| Toll Holdings Ltd. |
19,460 | 106,529 | |||
| Transfield Services Ltd. |
15,534 | 93,002 | |||
| Transurban Group |
41,065 | 180,748 | |||
| Trinity Group |
95,746 | 50,601 | |||
| United Group Ltd. |
13,672 | 137,394 | |||
| Washington H. Soul Pattinson & Co., Ltd. |
21,662 | 184,539 | |||
| Wesfarmers Ltd. |
23,915 | 537,251 | |||
| Wesfarmers Ltd. PPS |
7,347 | 163,428 | |||
| West Australian Newspapers Holdings Ltd. |
15,507 | 110,087 | |||
| Westpac Banking Corp. |
81,287 | 1,377,281 | |||
| WHK Group Ltd. |
77,186 | 63,320 | |||
| Woolworths Ltd. |
41,272 | 885,506 | |||
| Total Australia | 19,807,750 | ||||
| Austria – 0.1% | |||||
| Bank Austria Creditanstalt AG(a) |
3,058 | — | |||
| IMMOFINANZ AG |
5,409 | 18,539 | |||
| Oesterreichische Post AG |
305 | 10,136 | |||
| Telekom Austria AG |
2,653 | 46,172 | |||
| Wienerberger AG |
197 | 5,252 | |||
| Total Austria | 80,099 | ||||
| Belgium – 2.0% | |||||
| Belgacom S.A. |
11,639 | 432,996 | |||
| Cofinimmo |
556 | 96,061 | |||
| Compagnie Maritime Belge S.A. |
2,348 | 93,403 | |||
| Dexia N.V. |
38,945 | 410,281 | |||
| InBev N.V. |
17,728 | 1,041,760 | |||
| KBC Groep N.V. |
10,902 | 914,675 | |||
| Melexis N.V. |
1,532 | 21,239 | |||
| Mobistar S.A. |
468 | 32,701 | |||
| Total Belgium | 3,043,116 | ||||
| Denmark – 0.5% | |||||
| Bang & Olufsen A/S Class B |
1,950 | 72,320 | |||
| D/S Norden |
800 | 37,426 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 31 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree DEFA High-Yielding Equity Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Danske Bank A/S |
12,476 | $ | 293,004 | ||
| TrygVesta A/S |
4,941 | 310,685 | |||
| Total Denmark | 713,435 | ||||
| Finland – 1.4% | |||||
| Ahlstrom Oyj |
4,769 | 86,615 | |||
| Amer Sports Oyj Class A |
3,240 | 38,684 | |||
| Comptel PLC |
34,779 | 61,065 | |||
| Finnair Oyj |
4,817 | 27,335 | |||
| Huhtamaki Oyj |
10,787 | 84,699 | |||
| Kesko Oyj Class B |
1,500 | 37,757 | |||
| Metso Oyj |
4,483 | 107,491 | |||
| Neste Oil Oyj |
2,664 | 54,521 | |||
| Orion Oyj Class B |
6,096 | 102,325 | |||
| Outokumpu Oyj |
4,356 | 67,672 | |||
| PKC Group Oyj |
14,457 | 134,026 | |||
| Pohjola Bank PLC |
6,466 | 92,096 | |||
| Ramirent Oyj |
9,413 | 58,044 | |||
| Rapala VMC Oyj |
11,497 | 59,106 | |||
| Rautaruukki Oyj |
6,209 | 121,403 | |||
| Sampo Oyj Class A |
16,222 | 360,478 | |||
| Sanoma Oyj |
5,504 | 102,748 | |||
| Stora Enso Oyj Class R |
19,460 | 186,695 | |||
| Talentum Oyj |
16,131 | 57,099 | |||
| UPM-Kymmene Oyj |
13,576 | 208,621 | |||
| Uponor Oyj |
7,024 | 87,514 | |||
| Wartsila Oyj |
897 | 37,119 | |||
| Total Finland | 2,173,113 | ||||
| France – 20.2% | |||||
| ABC Arbitrage |
10,042 | 68,835 | |||
| Accor S.A. |
3,829 | 201,018 | |||
| Air France-KLM |
5,819 | 130,738 | |||
| Assystem |
10,439 | 142,966 | |||
| AXA S.A. |
89,632 | 2,882,517 | |||
| BNP Paribas |
36,023 | 3,343,629 | |||
| Bouygues |
6,852 | 305,583 | |||
| Canal Plus |
14,816 | 129,030 | |||
| Cie de Saint-Gobain S.A. |
10,957 | 556,299 | |||
| CNP Assurances S.A. |
1,779 | 198,560 | |||
| Credit Agricole S.A. |
114,224 | 2,150,762 | |||
| Etablissements Maurel et Prom |
2,202 | 34,735 | |||
| Euler Hermes S.A. |
3,468 | 240,790 | |||
| Fimalac |
1,159 | 70,492 | |||
| Fonciere Des Regions |
1,376 | 141,674 | |||
| France Telecom S.A. |
134,110 | 3,729,878 | |||
| GDF Suez |
42,726 | 2,190,550 | |||
| GFI Informatique |
12,184 | 64,178 | |||
| ICADE |
360 | 28,823 | |||
| Imerys S.A. |
1,432 | 81,323 | |||
| IMS-Intl Metal Service |
5,164 | 88,494 | |||
| Klepierre |
4,035 | 155,183 | |||
| Lafarge S.A. |
4,376 | 453,569 | |||
| Legrand S.A. |
2,642 | 58,709 | |||
| M6-Metropole Television |
5,117 | 110,976 | |||
| Investments | Shares | U.S. $ Value | |||
| Manitou BF S.A. |
7,932 | $ | 194,422 | ||
| Natixis |
33,852 | 108,890 | |||
| Neopost S.A. |
1,135 | 105,780 | |||
| Nexity |
4,126 | 64,679 | |||
| NRJ Group |
8,393 | 83,350 | |||
| Oberthur Technologies |
20,668 | 145,447 | |||
| PagesJaunes Groupe |
7,554 | 103,348 | |||
| Peugeot S.A. |
6,864 | 254,247 | |||
| PPR |
1,987 | 174,956 | |||
| Rallye S.A. |
2,348 | 67,611 | |||
| Renault S.A. |
16,164 | 1,011,610 | |||
| Sanofi-Aventis S.A. |
50,446 | 3,298,487 | |||
| Schneider Electric S.A. |
6,385 | 540,319 | |||
| SCOR SE |
7,860 | 150,151 | |||
| Sequana S.A. |
5,468 | 76,499 | |||
| Societe BIC S.A. |
526 | 27,101 | |||
| Societe Immobiliere de Location pour l’Industrie et le Commerce |
476 | 58,169 | |||
| Societe Television Francaise 1 |
8,752 | 152,562 | |||
| TOTAL S.A. |
69,353 | 4,148,003 | |||
| Trigano S.A. |
2,914 | 28,734 | |||
| Valeo S.A. |
5,620 | 167,750 | |||
| Vallourec |
886 | 187,997 | |||
| VINCI S.A. |
7,798 | 361,245 | |||
| Vivendi |
49,337 | 1,526,013 | |||
| Zodiac S.A. |
1,826 | 85,924 | |||
| Total France | 30,682,605 | ||||
| Germany – 7.7% | |||||
| Allianz SE |
10,050 | 1,359,159 | |||
| BASF SE |
24,027 | 1,139,047 | |||
| Comdirect Bank AG |
4,479 | 32,841 | |||
| Commerzbank AG |
13,111 | 191,530 | |||
| Daimler AG |
27,837 | 1,384,183 | |||
| Deutsche Bank AG |
17,938 | 1,248,114 | |||
| Deutsche Lufthansa AG |
14,229 | 275,817 | |||
| Deutsche Post AG |
37,463 | 777,759 | |||
| Deutsche Telekom AG |
187,634 | 2,838,543 | |||
| Hannover Rueckversicherung AG |
1,910 | 68,977 | |||
| HCI Capital AG |
10,601 | 70,880 | |||
| Indus Holding AG |
1,815 | 42,703 | |||
| MLP AG |
3,081 | 56,260 | |||
| MPC Muenchmeyer Petersen Capital AG |
1,346 | 24,579 | |||
| Muenchener Rueckversicherungs AG |
5,437 | 811,135 | |||
| Norddeutsche Affinerie AG |
2,164 | 90,704 | |||
| RWE AG |
12,255 | 1,161,944 | |||
| Vivacon AG |
6,576 | 62,165 | |||
| Total Germany | 11,636,340 | ||||
| Hong Kong – 1.8% | |||||
| BOC Hong Kong (Holdings) Ltd. |
336,841 | 590,009 | |||
| CLP Holdings Ltd. |
79,524 | 638,601 | |||
| Hang Seng Bank Ltd. |
50,718 | 942,591 | |||
| HongKong Electric Holdings Ltd. |
76,518 | 477,970 | |||
| PCCW Ltd. |
116,048 | 47,828 | |||
See Notes to Financial Statements.
| 32 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree DEFA High-Yielding Equity Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Shenzhen Investment Ltd. |
176,000 | $ | 25,615 | ||
| Total Hong Kong | 2,722,614 | ||||
| Ireland – 0.5% | |||||
| Allied Irish Banks PLC |
25,711 | 213,078 | |||
| Bank of Ireland |
41,691 | 231,317 | |||
| C&C Group PLC |
17,592 | 46,925 | |||
| Greencore Group PLC |
1,928 | 4,902 | |||
| Independent News & Media PLC |
129,792 | 211,482 | |||
| Irish Life & Permanent PLC |
12,978 | 88,413 | |||
| Total Ireland | 796,117 | ||||
| Italy – 10.3% | |||||
| ACEA SpA |
886 | 12,570 | |||
| Alleanza Assicurazioni SpA |
23,113 | 209,566 | |||
| Arnoldo Mondadori Editore SpA |
23,459 | 117,308 | |||
| Banca Intermobiliare SpA |
11,581 | 58,562 | |||
| Banca Monte dei Paschi di Siena SpA |
294,433 | 719,621 | |||
| Banca Popolare di Milano S.c.r.l. |
2,576 | 21,457 | |||
| Benetton Group SpA |
1,825 | 16,752 | |||
| Cairo Communication SpA |
25,229 | 85,848 | |||
| Credito Artigiano SpA |
35,071 | 111,333 | |||
| Enel SpA |
263,499 | 2,180,030 | |||
| ENI SpA |
120,321 | 3,143,566 | |||
| ERGO Previdenza SpA |
29,404 | 180,181 | |||
| Fondiaria-Sai SpA RSP |
3,855 | 64,221 | |||
| Gemina SpA |
85,452 | 86,182 | |||
| Gruppo Editoriale L’Espresso SpA |
77,816 | 165,049 | |||
| Intesa Sanpaolo SpA |
608,246 | 3,285,064 | |||
| Intesa Sanpaolo SpA RSP |
35,889 | 168,879 | |||
| MARR SpA |
5,532 | 38,736 | |||
| Mediaset SpA |
32,167 | 202,083 | |||
| Mediobanca SpA |
11,209 | 149,496 | |||
| Mediolanum SpA |
6,581 | 29,558 | |||
| Milano Assicurazioni SpA |
22,953 | 100,189 | |||
| Panariagroup Industrie Ceramiche SpA |
14,968 | 58,239 | |||
| Parmalat SpA |
40,213 | 93,765 | |||
| Piaggio & C. SpA |
40,461 | 89,229 | |||
| Piccolo Credito Valtellinese S.c.r.l. |
60 | 494 | |||
| Pirelli & C Real Estate SpA |
5,848 | 73,765 | |||
| Premuda SpA |
43,407 | 71,398 | |||
| Recordati SpA |
18,882 | 115,373 | |||
| Snam Rete Gas SpA |
73,994 | 443,805 | |||
| Societa Cattolica di Assicurazioni S.c.r.l. |
2,748 | 125,372 | |||
| Sogefi SpA |
24,777 | 70,737 | |||
| Telecom Italia SpA |
538,620 | 795,914 | |||
| Telecom Italia SpA – RSP |
146,723 | 164,979 | |||
| Terna Rete Electrica Nazionale SpA |
82,934 | 302,300 | |||
| UniCredit SpA |
415,482 | 1,515,919 | |||
| Unione di Banche Italiane SCPA |
21,725 | 470,557 | |||
| Unipol Gruppo Finanziario SpA |
54,180 | 113,928 | |||
| Total Italy | 15,652,025 | ||||
| Japan – 0.8% | |||||
| Arnest One Corp. |
6,700 | 20,574 | |||
| Daiken Corp. |
16,000 | 28,183 | |||
| Investments | Shares | U.S. $ Value | |||
| Idec Corp. |
6,100 | $ | 62,054 | ||
| Nissan Motor Co., Ltd. |
70,800 | 464,820 | |||
| Oracle Corp. |
2,600 | 116,818 | |||
| Pacific Metals Co., Ltd. |
3,000 | 21,193 | |||
| Right On Co., Ltd. |
2,200 | 27,623 | |||
| Ryoyo Electro Corp. |
5,000 | 42,010 | |||
| Sinanen Co., Ltd. |
22,000 | 82,890 | |||
| Tokyu Livable, Inc. |
10,000 | 49,546 | |||
| TonenGeneral Sekiyu K.K. |
12,000 | 97,546 | |||
| Uniden Corp. |
4,000 | 15,184 | |||
| United Arrows Ltd. |
14,300 | 107,083 | |||
| Total Japan | 1,135,524 | ||||
| Netherlands – 2.3% | |||||
| AEGON N.V. |
54,524 | 474,840 | |||
| Ballast Nedam N.V.CVA |
2,455 | 70,658 | |||
| Beter BED Holding N.V. |
472 | 6,391 | |||
| Heijmans N.V.CVA |
3,068 | 49,645 | |||
| ING Groep N.V.CVA |
82,396 | 1,727,962 | |||
| Koninklijke BAM Groep N.V. |
2,610 | 33,142 | |||
| Koninklijke KPN N.V. |
58,985 | 844,441 | |||
| Macintosh Retail Group N.V. |
3,265 | 49,852 | |||
| OCE N.V. |
4,501 | 31,612 | |||
| Randstad Holding N.V. |
3,677 | 95,318 | |||
| Smit Internationale N.V. |
27 | 2,313 | |||
| SNS Reaal |
875 | 9,783 | |||
| Wavin N.V. |
2,947 | 16,682 | |||
| Total Netherlands | 3,412,639 | ||||
| New Zealand – 0.5% | |||||
| Air New Zealand Ltd. |
159,641 | 101,293 | |||
| Auckland International Airport Ltd. |
51,577 | 67,174 | |||
| Contact Energy Ltd. |
6,822 | 35,631 | |||
| Fisher & Paykel Appliances Holdings Ltd. |
11,747 | 12,553 | |||
| Fletcher Building Ltd. |
20,092 | 89,239 | |||
| Nuplex Industries Ltd. |
3,750 | 14,777 | |||
| PGG Wrightson Ltd. |
7,326 | 7,829 | |||
| Pumpkin Patch Ltd. |
46,713 | 40,248 | |||
| Sky City Entertainment Group Ltd. |
3,131 | 7,654 | |||
| Telecom Corp. of New Zealand Ltd. |
187,676 | 342,202 | |||
| Vector Ltd. |
20,275 | 28,302 | |||
| Warehouse Group Ltd. (The) |
39,446 | 79,565 | |||
| Total New Zealand | 826,467 | ||||
| Norway – 0.4% | |||||
| ABG Sundal Collier Holding ASA |
7,000 | 6,157 | |||
| Acta Holding ASA |
36,500 | 18,521 | |||
| Aker ASA Class A |
1,120 | 34,193 | |||
| DnB NOR ASA |
41,624 | 312,587 | |||
| Ekornes ASA |
2,450 | 32,944 | |||
| SpareBank 1 SMN |
14,700 | 94,481 | |||
| Sparebank 1 SR Bank |
4,400 | 28,652 | |||
| Sparebanken Nord-Norge |
7,500 | 77,381 | |||
| Veidekke ASA |
8,160 | 43,061 | |||
| Total Norway | 647,977 | ||||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 33 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree DEFA High-Yielding Equity Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Portugal – 0.5% | |||||
| Banco BPI, S.A. |
27,465 | $ | 83,330 | ||
| Banco Espirito Santo, S.A. |
6,204 | 75,380 | |||
| BANIF SGPS, S.A. |
25,560 | 59,599 | |||
| Portugal Telecom, SGPS, S.A. |
50,322 | 502,216 | |||
| SAG Gest-Solucoes Automovel Globais, SGPS, S.A. |
8,319 | 17,528 | |||
| Total Portugal | 738,053 | ||||
| Singapore – 1.9% | |||||
| Chip Eng Seng Corp. Ltd. |
2,000 | 315 | |||
| ComfortDelgro Corp. Ltd. |
50,000 | 52,109 | |||
| DBS Group Holdings Ltd. |
59,000 | 692,467 | |||
| Jaya Holdings Ltd. |
32,000 | 23,054 | |||
| MobileOne Ltd. |
16,000 | 20,368 | |||
| Rickmers Maritime |
117,000 | 68,742 | |||
| Singapore Airport Terminal Services Ltd. |
32,000 | 36,483 | |||
| Singapore Exchange Ltd. |
32,000 | 137,204 | |||
| Singapore Petroleum Co., Ltd. |
13,000 | 42,373 | |||
| Singapore Post Ltd. |
86,000 | 57,446 | |||
| Singapore Press Holdings Ltd. |
44,000 | 122,487 | |||
| Singapore Telecommunications Ltd. |
424,900 | 965,884 | |||
| SMRT Corp. Ltd. |
64,000 | 88,634 | |||
| Stamford Land Corp. Ltd. |
41,000 | 10,754 | |||
| StarHub Ltd. |
57,640 | 104,016 | |||
| United Overseas Bank Ltd. |
42,000 | 493,530 | |||
| UOB Kay Hian Holdings Ltd. |
32,000 | 27,978 | |||
| Total Singapore | 2,943,844 | ||||
| Spain – 6.0% | |||||
| ACS, Actividades de Construccion y Servicios, S.A. |
6,706 | 268,176 | |||
| Antena 3 de Television, S.A. |
7,235 | 52,033 | |||
| Banco Bilbao Vizcaya Argentaria, Chile, S.A. |
115,533 | 1,859,768 | |||
| Banco de Sabadell, S.A. |
16,579 | 126,918 | |||
| Banco Espanol de Credito, S.A. |
12,358 | 164,907 | |||
| Banco Popular Espanol, S.A. |
28,006 | 326,117 | |||
| Banco Santander, S.A. |
190,714 | 2,812,808 | |||
| Bolsas y Mercados Espanoles |
2,561 | 64,859 | |||
| Fomento de Construcciones y Contratas S.A. |
2,569 | 114,463 | |||
| Gestevision Telecinco, S.A. |
12,763 | 128,720 | |||
| Iberia Lineas Aereas de Espana |
61,548 | 147,835 | |||
| Renta Corp. Real Estate S.A. |
9,338 | 52,991 | |||
| Telefonica, S.A. |
110,370 | 2,602,975 | |||
| Union Fenosa, S.A. |
15,486 | 375,012 | |||
| Total Spain | 9,097,582 | ||||
| Sweden – 3.1% | |||||
| AB SKF Class B |
12,004 | 149,776 | |||
| AB Volvo Class A |
17,800 | 147,424 | |||
| AB Volvo Class B |
59,372 | 523,664 | |||
| Axfood AB |
1,652 | 44,304 | |||
| Bilia AB Class A |
8,187 | 38,747 | |||
| Boliden AB |
12,400 | 50,505 | |||
| Brostrom AB Class B |
4,800 | 39,411 | |||
| D. Carnegie & Co. AB |
14,802 | 106,142 | |||
| Electrolux AB Series B |
2,300 | 26,306 | |||
| Eniro AB |
7,800 | 26,736 | |||
| Investments | Shares | U.S. $ Value | |||
| Fabege AB |
7,660 | $ | 42,185 | ||
| Haldex AB |
3,452 | 34,284 | |||
| Hemtex AB |
8,600 | 46,868 | |||
| Hennes & Mauritz AB Class B |
16,950 | 675,787 | |||
| Industrivarden AB Class A |
2,000 | 21,943 | |||
| JM AB |
1,500 | 11,886 | |||
| Kungsleden AB |
20,622 | 128,948 | |||
| NCC AB Class B |
4,900 | 47,435 | |||
| Nordea Bank AB |
78,818 | 916,732 | |||
| Rederi AB Transatlantic |
10,233 | 52,833 | |||
| rnb Retail and Brands AB |
18,800 | 21,974 | |||
| rnb Retail And Brands AB* |
21,800 | 23,605 | |||
| Scania AB Class A |
7,800 | 92,847 | |||
| Scania AB Class B |
8,200 | 98,491 | |||
| Securitas AB Class B |
5,400 | 59,439 | |||
| Skandinaviska Enskilda Banken AB Class A |
11,500 | 172,762 | |||
| Skandinaviska Enskilda Banken AB Class C |
4,200 | 59,331 | |||
| Skanska AB Class B |
12,804 | 142,313 | |||
| Svenska Cellulosa AB Class B |
18,000 | 186,512 | |||
| Svenska Handelsbanken AB Class A |
17,204 | 375,033 | |||
| Svenska Handelsbanken AB Class B |
3,000 | 64,752 | |||
| Swedbank AB Class A |
16,004 | 201,406 | |||
| Trelleborg AB Class B |
5,000 | 68,122 | |||
| Wihlborgs Fastigheter AB |
4,523 | 61,137 | |||
| Total Sweden | 4,759,640 | ||||
| Switzerland – 2.5% | |||||
| Ciba Holding AG |
1,594 | 67,527 | |||
| Credit Suisse Group |
33,553 | 1,493,239 | |||
| Mobilezone Holding AG |
10,772 | 72,054 | |||
| Rieter Holding AG |
78 | 23,513 | |||
| Swiss Reinsurance |
11,162 | 604,266 | |||
| Swisscom AG |
2,052 | 606,678 | |||
| Vontobel Holding AG |
2,999 | 94,952 | |||
| Zurich Financial Services AG |
3,213 | 876,859 | |||
| Total Switzerland | 3,839,088 | ||||
| United Kingdom – 23.8% | |||||
| Aga Rangemaster Group PLC |
18,405 | 47,897 | |||
| Alliance & Leicester PLC |
41,329 | 197,243 | |||
| Amlin PLC |
4,292 | 24,098 | |||
| AstraZeneca PLC |
37,228 | 1,632,382 | |||
| Aviva PLC |
96,357 | 824,407 | |||
| Barclays PLC |
466,670 | 2,715,877 | |||
| Beazley Group PLC |
38,520 | 80,675 | |||
| Bellway PLC |
3,783 | 36,412 | |||
| BP PLC |
493,471 | 4,081,282 | |||
| Braemar Seascope Group PLC |
7,300 | 44,891 | |||
| Brewin Dolphin Holdings PLC |
31,212 | 69,403 | |||
| Brit Insurance Holdings PLC |
23,224 | 74,512 | |||
| British American Tobacco PLC |
47,693 | 1,559,939 | |||
| British Energy Group PLC |
18,264 | 247,415 | |||
| BT Group PLC |
299,856 | 861,044 | |||
| Cable & Wireless PLC |
32,618 | 96,222 | |||
| Cadbury PLC |
24,492 | 246,873 | |||
See Notes to Financial Statements.
| 34 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree DEFA High-Yielding Equity Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Carpetright PLC |
2,914 | $ | 31,112 | ||
| Centrica PLC |
87,169 | 487,875 | |||
| Chaucer Holdings PLC |
52,005 | 50,983 | |||
| Chesnara PLC |
26,155 | 53,613 | |||
| Clarkson PLC |
4,071 | 55,257 | |||
| Close Brothers Group PLC |
10,397 | 102,946 | |||
| Collins Stewart PLC |
49,989 | 57,026 | |||
| Debenhams PLC |
112,448 | 97,711 | |||
| Devro PLC |
48,133 | 66,920 | |||
| Dsg International PLC |
27,278 | 23,217 | |||
| DTZ Holdings PLC |
20,002 | 45,279 | |||
| Electrocomponents PLC |
41,690 | 121,497 | |||
| Enterprise Inns PLC |
6,896 | 21,941 | |||
| Findel PLC |
4,651 | 8,435 | |||
| Friends Provident PLC |
86,863 | 145,694 | |||
| Galliford Try PLC |
108,448 | 86,986 | |||
| GKN PLC |
27,884 | 97,291 | |||
| GlaxoSmithKline PLC |
157,011 | 3,389,154 | |||
| Henderson Group PLC |
44,977 | 87,384 | |||
| Highway Insurance Group PLC |
79,479 | 99,521 | |||
| HMV Group PLC |
17,105 | 38,645 | |||
| Holidaybreak PLC |
4,255 | 24,422 | |||
| Home Retail Group PLC |
32,284 | 133,503 | |||
| HSBC Holdings PLC |
409,526 | 6,576,932 | |||
| IMI PLC |
2,570 | 17,098 | |||
| Investec PLC |
20,003 | 107,765 | |||
| ITV PLC |
214,852 | 160,844 | |||
| Jardine Lloyd Thompson Group PLC |
7,859 | 61,917 | |||
| Kingfisher PLC |
63,254 | 148,488 | |||
| Ladbrokes PLC |
55,197 | 183,490 | |||
| Lavendon Group PLC |
15,974 | 68,335 | |||
| Legal & General Group PLC |
182,172 | 324,712 | |||
| Lloyds TSB Group PLC |
352,184 | 1,421,853 | |||
| Logica PLC |
138,179 | 266,002 | |||
| Luminar Group Holdings PLC |
16,416 | 54,425 | |||
| Man Group PLC |
15,057 | 90,378 | |||
| Marks & Spencer Group PLC |
50,345 | 180,821 | |||
| Mitchells & Butlers PLC |
34,655 | 135,432 | |||
| National Grid PLC |
78,490 | 998,917 | |||
| New Star Asset Management Group PLC |
40,881 | 48,275 | |||
| Next PLC |
4,204 | 76,358 | |||
| Northgate PLC |
7,565 | 27,440 | |||
| Old Mutual PLC |
214,401 | 294,262 | |||
| Pearson PLC |
30,978 | 331,300 | |||
| Pendragon PLC |
183,854 | 29,265 | |||
| Persimmon PLC |
48,490 | 344,211 | |||
| Premier Foods PLC |
22,138 | 29,496 | |||
| Rentokil Initial PLC |
155,542 | 191,299 | |||
| Rexam PLC |
8,609 | 60,306 | |||
| RSA Insurance Group PLC |
75,678 | 200,989 | |||
| Savills PLC |
4,127 | 19,071 | |||
| Scottish & Southern Energy PLC |
28,006 | 712,348 | |||
| Smiths Group PLC |
17,453 | 314,824 | |||
| Smiths News PLC |
12,626 | 16,204 | |||
| Investments | Shares | U.S. $ Value | |||
| Standard Life PLC |
37,881 | $ | 162,050 | ||
| Tate & Lyle PLC |
4,610 | 31,307 | |||
| Telecom Plus PLC |
14,066 | 83,615 | |||
| Thomson Reuters PLC |
1,125 | 24,885 | |||
| Tomkins PLC |
49,283 | 135,061 | |||
| Topps Tiles PLC |
57,417 | 59,359 | |||
| Travis Perkins PLC |
5,448 | 51,321 | |||
| Trinity Mirror PLC |
31,190 | 46,977 | |||
| UTV Media PLC |
24,989 | 56,011 | |||
| Vodafone Group PLC |
1,703,358 | 3,725,354 | |||
| Total United Kingdom | 36,035,981 | ||||
| TOTAL COMMON STOCKS (Cost: $209,323,687) |
150,744,009 | ||||
| RIGHTS* – 0.0% | |||||
| France – 0.0% | |||||
| Suez Environment S.A., expiring 10/22/08 (Cost: $0) |
10,862 | 66,217 | |||
| TOTAL LONG-TERM INVESTMENTS (Cost: $209,323,687) |
150,810,226 | ||||
| SHORT-TERM INVESTMENT – 0.3% | |||||
| MONEY MARKET FUND – 0.3% | |||||
| United States – 0.3% | |||||
| Columbia Cash Reserves Fund, 2.08%(b) (Cost: $400,686) |
400,686 | 400,686 | |||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.0% | |||||
| MONEY MARKET FUND(c) – 0.0% | |||||
| UBS Private Money Market Fund LLC, 3.01% (Cost: $35)(d) |
35 | 35 | |||
| TOTAL INVESTMENTS IN SECURITIES – 99.7% (Cost: $209,724,408)(e) |
151,210,947 | ||||
| Cash, Foreign Currency and Other Assets in |
527,776 | ||||
| NET ASSETS – 100.0% | $ | 151,738,723 | |||
PPS – Price Protected Shares.
RPS – Risparmio Italian Savings Shares.
| * | Non-income producing security. |
| (a) |
Escrow Security – additional shares that were issued as a result of a corporate action. |
| (b) |
Rate shown represents annualized 7-day yield as of September 30, 2008. |
| (c) |
Interest rate shown reflects yield as of September 30, 2008. |
| (d) |
At September 30, 2008, the total market value of the Fund’s securities on loan was $0 and the total market value of the collateral held by the Fund was $35. |
| (e) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 35 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Europe Total Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.4% | |||||
| Austria – 0.6% | |||||
| Andritz AG |
112 | $ | 4,720 | ||
| AT&S Austria Technologie & Systemtechnik AG |
436 | 4,716 | |||
| Bank Austria Creditanstalt AG(a) |
480 | — | |||
| BWT AG |
305 | 7,262 | |||
| Erste Group Bank AG |
207 | 10,017 | |||
| Flughafen Wien AG |
106 | 6,620 | |||
| Immofinanz AG |
4,055 | 13,898 | |||
| Oesterreichische Post AG |
306 | 10,170 | |||
| OMV AG |
771 | 31,764 | |||
| Palfinger AG |
312 | 5,610 | |||
| POLYTEC Holding AG |
835 | 11,354 | |||
| Raiffeisen International Bank Holding AG |
81 | 5,685 | |||
| Telekom Austria AG |
1,277 | 22,224 | |||
| Uniqa Versicherungen AG |
465 | 11,757 | |||
| Verbund – Oesterreichische Elektrizitatswirtschafts AG Class A |
6 | 364 | |||
| voestalpine AG |
309 | 9,440 | |||
| Wiener Staedtische AG |
147 | 7,229 | |||
| Wienerberger AG |
641 | 17,089 | |||
| Zumtobel AG |
842 | 11,815 | |||
| Total Austria | 191,734 | ||||
| Belgium – 2.1% | |||||
| Barco N.V. |
235 | 10,599 | |||
| Belgacom S.A. |
2,691 | 100,111 | |||
| Cofinimmo |
17 | 2,937 | |||
| Compagnie Maritime Belge S.A. |
470 | 18,696 | |||
| Delhaize Group |
258 | 14,857 | |||
| Dexia N.V. |
7,614 | 80,213 | |||
| Euronav N.V. |
1,197 | 32,719 | |||
| Groep Colruyt S.A. |
105 | 26,097 | |||
| InBev N.V. |
2,433 | 142,972 | |||
| KBC Groep N.V. |
1,515 | 127,108 | |||
| Mobistar S.A. |
489 | 34,169 | |||
| Omega Pharma S.A. |
138 | 5,844 | |||
| Solvay S.A. |
313 | 37,942 | |||
| UCB S.A. |
1,185 | 41,430 | |||
| Umicore |
595 | 18,040 | |||
| Total Belgium | 693,734 | ||||
| Denmark – 0.8% | |||||
| A/S Dampskibsselskabat Torm |
800 | 18,901 | |||
| Bang & Olufsen A/S Class B |
250 | 9,272 | |||
| Carlsberg A/S Class B |
200 | 14,986 | |||
| D/S Norden |
150 | 7,017 | |||
| Dalhoff Larsen & Horneman A/S Class B |
800 | 6,777 | |||
| Danisco A/S |
50 | 2,772 | |||
| Danske Bank A/S |
3,503 | 82,270 | |||
| Forstaedernes Bank A/S |
532 | 10,116 | |||
| H. Lundbeck A/S |
501 | 9,455 | |||
| Novo-Nordisk A/S Class B |
1,302 | 66,426 | |||
| Novozymes A/S Class B |
50 | 4,377 | |||
| Sjaelso Gruppen |
444 | 4,096 | |||
| Investments | Shares | U.S. $ Value | |||
| Sydbank A/S |
50 | $ | 1,471 | ||
| TrygVesta A/S |
75 | 4,716 | |||
| Wacker Chemie AG |
73 | 10,290 | |||
| Total Denmark | 252,942 | ||||
| Finland – 2.1% | |||||
| Ahlstrom Oyj |
12 | 218 | |||
| Amer Sports Oyj |
32 | 382 | |||
| Cargotec Corp. Class B |
46 | 919 | |||
| Citycon Oyj |
1,723 | 5,566 | |||
| Comptel PLC |
996 | 1,749 | |||
| Elisa Oyj |
1,052 | 20,303 | |||
| Finnair Oyj |
2,169 | 12,309 | |||
| Fortum Oyj |
2,692 | 89,163 | |||
| Huhtamaki Oyj |
52 | 408 | |||
| KCI Konecranes Oyj |
543 | 12,669 | |||
| Kemira Oyj |
703 | 8,196 | |||
| Kesko Oyj Class B |
348 | 8,760 | |||
| Kone Oyj Class B |
217 | 5,791 | |||
| Metso Oyj |
703 | 16,856 | |||
| M-real Oyj Class B |
410 | 726 | |||
| Neste Oil Oyj |
977 | 19,995 | |||
| Nokia Oyj |
11,655 | 211,188 | |||
| Nokian Renkaat Oyj |
437 | 10,312 | |||
| Orion Oyj Class B |
137 | 2,300 | |||
| Outokumpu Oyj |
705 | 10,952 | |||
| PKC Group Oyj |
156 | 1,446 | |||
| Pohjola Bank PLC Class A |
703 | 10,013 | |||
| Ramirent Oyj |
914 | 5,636 | |||
| Rautaruukki Oyj |
1,832 | 35,821 | |||
| Sampo Oyj Class A |
3,082 | 68,487 | |||
| Sanoma-WSOY Oyj |
674 | 12,582 | |||
| Stora Enso Oyj Class R |
3,599 | 34,528 | |||
| Teleste Oyj |
1,515 | 8,342 | |||
| UPM-Kymmene Oyj |
2,820 | 43,335 | |||
| Uponor Oyj |
870 | 10,840 | |||
| Wartsila Oyj Class B |
354 | 14,649 | |||
| YIT Oyj |
703 | 7,209 | |||
| Total Finland | 691,650 | ||||
| France – 21.2% | |||||
| ABC Arbitrage |
1,438 | 9,857 | |||
| Accor S.A. |
1,875 | 98,435 | |||
| Aeroports de Paris |
132 | 10,743 | |||
| Air France-KLM |
2,745 | 61,673 | |||
| Air Liquide S.A. |
1,227 | 133,424 | |||
| Alstom S.A. |
26 | 1,927 | |||
| Altamir Amboise |
1,875 | 14,354 | |||
| April Group |
1,592 | 78,334 | |||
| Assystem |
4,356 | 59,657 | |||
| Avenir Telecom |
5,602 | 7,475 | |||
| AXA S.A. |
13,503 | 434,249 | |||
| BNP Paribas |
5,852 | 543,178 | |||
| Bouygues S.A. |
1,137 | 50,708 | |||
| Cap Gemini S.A. |
312 | 14,550 | |||
See Notes to Financial Statements.
| 36 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Europe Total Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Carbone Lorraine |
40 | $ | 1,860 | ||
| Carrefour S.A. |
2,635 | 122,511 | |||
| Casino Guichard Perrachon S.A. |
1,010 | 88,881 | |||
| Christian Dior S.A. |
1,109 | 82,670 | |||
| Cie de Saint-Gobain S.A. |
2,066 | 104,892 | |||
| CNP Assurances S.A. |
1,051 | 117,306 | |||
| Compagnie Generale des Etablissements Michelin Class B |
1,027 | 65,565 | |||
| Credit Agricole S.A. |
19,830 | 373,386 | |||
| Electricite de France |
4,200 | 300,493 | |||
| Eramet |
6 | 2,246 | |||
| Etablissements Maurel et Prom |
526 | 8,297 | |||
| Euler Hermes S.A. |
549 | 38,118 | |||
| Fimalac |
226 | 13,746 | |||
| Fonciere Des Regions |
161 | 16,577 | |||
| France Telecom S.A. |
21,747 | 604,828 | |||
| Gaz de France |
7,200 | 369,142 | |||
| GFI Informatique |
1,952 | 10,282 | |||
| Groupe Danone |
1,757 | 123,399 | |||
| Groupe Steria SCA |
378 | 8,230 | |||
| Haulotte Group |
982 | 12,166 | |||
| Hermes International |
1 | 161 | |||
| ICADE |
105 | 8,407 | |||
| Imerys S.A. |
107 | 6,077 | |||
| IMS-Intl Metal Service |
405 | 6,940 | |||
| Ipsen |
2,098 | 93,831 | |||
| Klepierre |
163 | 6,269 | |||
| LaCie S.A. |
900 | 4,437 | |||
| Lafarge S.A. |
941 | 97,533 | |||
| Lagardere SCA |
1,385 | 61,661 | |||
| Legrand S.A. |
962 | 21,377 | |||
| L’Oreal S.A. |
1,540 | 149,799 | |||
| LVMH Moet Hennessy Louis Vuitton S.A. |
1,193 | 103,478 | |||
| M6-Metropole Television |
461 | 9,998 | |||
| Manitou BF S.A. |
710 | 17,403 | |||
| Natixis |
9,148 | 29,426 | |||
| Neopost S.A. |
91 | 8,481 | |||
| Nexans S.A. |
81 | 7,052 | |||
| Nexity |
723 | 11,334 | |||
| NRJ Group |
2,020 | 20,060 | |||
| PagesJaunes Groupe |
2,353 | 32,192 | |||
| Pernod-Ricard S.A. |
120 | 10,414 | |||
| Peugeot S.A. |
892 | 33,040 | |||
| PPR |
900 | 79,245 | |||
| Publicis Groupe |
129 | 4,003 | |||
| Renault S.A. |
2,122 | 132,803 | |||
| Sanofi-Aventis |
7,710 | 504,129 | |||
| Schneider Electric S.A. |
1,088 | 92,069 | |||
| SCOR SE |
259 | 4,948 | |||
| Sechilienne-Sidec |
570 | 32,106 | |||
| Societe Des Autoroutes Paris-Rhin-Rhone |
177 | 15,315 | |||
| Societe Fonciere Financiere et de Participations FFP |
174 | 11,798 | |||
| Societe Generale |
2,171 | 189,069 | |||
| Societe Television Francaise 1 |
1,342 | 23,393 | |||
| Investments | Shares | U.S. $ Value | |||
| Technip S.A. |
247 | $ | 13,659 | ||
| Thales S.A. |
153 | 7,614 | |||
| TOTAL S.A. |
12,884 | 770,592 | |||
| Trigano S.A. |
82 | 809 | |||
| Valeo S.A. |
449 | 13,402 | |||
| Vallourec |
132 | 28,009 | |||
| Veolia Environnement S.A. |
1,762 | 71,441 | |||
| Vinci S.A. |
2,385 | 110,485 | |||
| Vivendi S.A. |
8,405 | 259,970 | |||
| Wendel |
222 | 17,338 | |||
| Zodiac S.A. |
331 | 15,575 | |||
| Total France | 7,120,301 | ||||
| Germany – 10.6% | |||||
| Aareal Bank AG |
463 | 5,255 | |||
| adidas AG |
773 | 40,934 | |||
| Allianz SE |
1,811 | 244,919 | |||
| Altana AG |
1,012 | 14,869 | |||
| BASF AG |
3,974 | 188,394 | |||
| Bayer AG |
2,551 | 185,612 | |||
| Bayerische Motoren Werke AG |
1,490 | 57,116 | |||
| Beate Uhse AG |
2,881 | 3,764 | |||
| Beiersdorf AG |
474 | 29,835 | |||
| Celesio AG |
1,187 | 51,203 | |||
| Cenit AG |
716 | 3,912 | |||
| Comdirect Bank AG |
906 | 6,643 | |||
| Commerzbank AG |
2,581 | 37,704 | |||
| Continental AG* |
378 | 37,486 | |||
| DaimlerChrysler AG |
3,890 | 193,428 | |||
| Deutsche Bank AG |
3,384 | 235,457 | |||
| Deutsche Boerse AG |
651 | 58,404 | |||
| Deutsche Lufthansa AG |
3,118 | 60,440 | |||
| Deutsche Post AG |
5,128 | 106,460 | |||
| Deutsche Postbank AG |
802 | 30,033 | |||
| Deutsche Telekom AG |
34,102 | 515,898 | |||
| E.ON AG |
6,255 | 312,609 | |||
| Fraport AG Frankfurt Airport Services Worldwide |
43 | 2,537 | |||
| Fresenius Medical Care AG & Co. KGaA |
1,444 | 74,378 | |||
| H&R WASAG AG |
361 | 8,433 | |||
| Hannover Rueckversicherung AG |
198 | 7,150 | |||
| HCI Capital AG |
119 | 796 | |||
| HeidelbergCement AG |
60 | 6,285 | |||
| Heidelberger Druckmaschinen AG |
638 | 9,921 | |||
| Highlight Communications AG |
147 | 1,425 | |||
| Hochtief AG |
19 | 893 | |||
| Hypo Real Estate Holding AG |
373 | 2,174 | |||
| IDS Scheer AG |
884 | 8,692 | |||
| Indus Holding AG |
65 | 1,529 | |||
| K+S AG |
100 | 6,832 | |||
| Kontron AG |
243 | 2,458 | |||
| Linde AG |
152 | 16,116 | |||
| MAN AG |
638 | 42,389 | |||
| Merck KGAA |
73 | 7,731 | |||
| Metro AG |
404 | 20,163 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 37 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Europe Total Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| MLP AG |
460 | $ | 8,400 | ||
| MPC Muenchmeyer Petersen Capital AG |
64 | 1,169 | |||
| Muenchener Rueckversicherungs-Gesellshaft AG |
823 | 122,782 | |||
| Pfleiderer AG |
196 | 2,357 | |||
| Praktiker Bau-und Heimwerkermaerkte AG |
169 | 1,541 | |||
| RWE AG |
2,186 | 207,263 | |||
| Salzgitter AG |
73 | 7,256 | |||
| SAP AG |
912 | 48,257 | |||
| Siemens AG |
2,678 | 247,328 | |||
| ThyssenKrupp AG |
1,735 | 51,252 | |||
| Vivacon AG |
3,385 | 31,999 | |||
| Volkswagen AG |
456 | 178,070 | |||
| Wincor Nixdorf AG |
118 | 6,877 | |||
| Total Germany | 3,554,828 | ||||
| Ireland – 0.7% | |||||
| Allied Irish Banks PLC |
5,400 | 44,752 | |||
| Anglo Irish Bank Corp. PLC |
1,390 | 7,505 | |||
| Bank of Ireland |
8,437 | 46,812 | |||
| C&C Group PLC |
1,171 | 3,124 | |||
| CRH PLC |
1,439 | 30,319 | |||
| DCC PLC |
196 | 3,819 | |||
| FBD Holding PLC Class A |
1,874 | 3,948 | |||
| FBD Holdings PLC |
1,874 | 30,387 | |||
| Fyffes PLC |
4,637 | 2,084 | |||
| Glanbia PLC |
742 | 3,928 | |||
| Independent News & Media PLC |
2,568 | 4,184 | |||
| Irish Life & Permanent PLC |
2,724 | 18,557 | |||
| Kerry Group PLC Class A |
224 | 6,545 | |||
| Kingspan Group PLC |
1,654 | 14,753 | |||
| Smurfit Kappa Group PLC |
914 | 3,877 | |||
| Total Ireland | 224,594 | ||||
| Italy – 10.2% | |||||
| AcegasAps SpA |
334 | 2,411 | |||
| Actelios SpA |
101 | 747 | |||
| AEM SpA |
23,706 | 59,804 | |||
| Alleanza Assicurazioni SpA |
5,253 | 47,629 | |||
| Anima SGRpA |
2,937 | 5,875 | |||
| Arnoldo Mondadori Editore SpA |
242 | 1,210 | |||
| Assicurazioni Generali SpA |
4,270 | 140,230 | |||
| Atlantia SpA |
2,092 | 42,521 | |||
| Autostrada Torino-Milano SpA |
354 | 3,826 | |||
| Banca Carige SpA |
12,803 | 41,542 | |||
| Banca IFIS SpA |
207 | 2,149 | |||
| Banca Intermobiliare SpA |
46 | 233 | |||
| Banca Monte dei Paschi di Siena SpA |
62,245 | 152,132 | |||
| Banca Popolare dell’Etruria e del Lazio |
1,307 | 10,134 | |||
| Banca Popolare di Milano S.c.r.l. |
1,812 | 15,093 | |||
| Banco di Desio e della Brianza SpA |
1,404 | 9,486 | |||
| Benetton Group SpA |
5 | 46 | |||
| Cairo Communication SpA |
4,597 | 15,643 | |||
| Cofide SpA |
4,706 | 3,457 | |||
| Credito Artigiano SpA |
2,391 | 7,590 | |||
| Credito Emiliano SpA |
1,506 | 12,640 | |||
| Investments | Shares | U.S. $ Value | |||
| Edison SpA |
3,424 | $ | 5,613 | ||
| Enel SpA |
46,625 | 385,747 | |||
| Eni SpA |
21,930 | 572,954 | |||
| ERG SpA |
606 | 9,874 | |||
| ERGO Previdenza SpA |
2,247 | 13,769 | |||
| Esprinet SpA |
1,545 | 6,641 | |||
| Fiat SpA RSP |
735 | 5,539 | |||
| Fiat SpA |
1,920 | 25,270 | |||
| Finmeccanica SpA |
2,704 | 57,884 | |||
| Fondiaria-Sai SpA |
843 | 14,044 | |||
| Gemina SpA |
8,623 | 8,697 | |||
| Gruppo Editoriale L’Espresso SpA |
1,418 | 3,008 | |||
| Gruppo MutuiOnline SpA |
1,058 | 5,562 | |||
| Ifil Investments SpA |
10,680 | 47,405 | |||
| Ifil Investments SpA RSP |
2,539 | 8,417 | |||
| Intesa Sanpaolo SpA |
98,114 | 529,902 | |||
| Intesa Sanpaolo SpA RSP |
5,119 | 24,088 | |||
| Luxottica Group SpA |
2,342 | 53,030 | |||
| Mediaset SpA |
8,813 | 55,366 | |||
| Mediobanca SpA |
2,997 | 39,971 | |||
| Mediolanum SpA |
882 | 3,961 | |||
| Meliorbanca SpA |
1,320 | 5,233 | |||
| Milano Assicurazioni SpA |
992 | 4,330 | |||
| Milano Assicurazioni SpA RSP |
2,180 | 9,676 | |||
| Nice SpA |
2,012 | 8,613 | |||
| Panariagroup Industrie Ceramiche SpA |
2,712 | 10,552 | |||
| Parmalat SpA |
4,602 | 10,731 | |||
| Piaggio & C SpA |
7,501 | 16,542 | |||
| Piccolo Credito Valtellinese S.c.r.l. |
901 | 7,416 | |||
| Pirelli & C Real Estate SpA |
1,179 | 14,872 | |||
| Pirelli & C SpA |
7,852 | 4,301 | |||
| Premafin Finanziaria SpA |
10,730 | 19,202 | |||
| RCS MediaGroup SpA |
2,311 | 4,772 | |||
| Recordati SpA |
11,709 | 71,545 | |||
| SAES Getters SpA |
225 | 3,723 | |||
| SAES Getters SpA RSP |
424 | 6,301 | |||
| Safilo Group SpA |
6,271 | 8,659 | |||
| Saipem SpA |
147 | 4,318 | |||
| Saras SpA |
1,205 | 4,964 | |||
| Snam Rete Gas SpA |
13,530 | 81,151 | |||
| Societa Cattolica di Assicurazioni S.c.r.l. |
204 | 9,307 | |||
| Sogefi SpA |
2,255 | 6,438 | |||
| Telecom Italia SpA |
108,783 | 160,748 | |||
| Telecom Italia SpA RSP |
26,667 | 29,985 | |||
| Terna SpA |
21,121 | 76,987 | |||
| UniCredit SpA |
74,015 | 270,050 | |||
| Unione di Banche Italiane SCPA |
5,175 | 112,089 | |||
| Unipol Gruppo Finanziario SpA |
8,289 | 17,430 | |||
| Total Italy | 3,431,075 | ||||
| Netherlands – 3.7% | |||||
| AEGON N.V. |
9,588 | 83,500 | |||
| Akzo Nobel N.V. |
1,004 | 47,406 | |||
| ASML Holding N.V. |
545 | 9,500 | |||
See Notes to Financial Statements.
| 38 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Europe Total Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Ballast Nedam N.V. |
505 | $ | 14,535 | ||
| Beter Bed Holding N.V. |
273 | 3,697 | |||
| Brunel International |
216 | 4,257 | |||
| CSM N.V. |
222 | 5,576 | |||
| European Aeronautic Defence & Space Co. EADS N.V. |
1,719 | 28,975 | |||
| Fugro N.V. |
17 | 990 | |||
| Heijmans N.V. |
492 | 7,961 | |||
| Heineken Holding N.V. |
837 | 32,484 | |||
| Heineken N.V. |
760 | 30,259 | |||
| ING Groep N.V. |
12,831 | 269,084 | |||
| James Hardie Industries N.V. |
680 | 2,666 | |||
| Koninklijke Ahold N.V. |
207 | 2,363 | |||
| Koninklijke BAM Groep N.V. |
528 | 6,705 | |||
| Koninklijke Boskalis Westminster N.V. CVA |
61 | 2,841 | |||
| Koninklijke DSM N.V. |
753 | 35,280 | |||
| Koninklijke KPN N.V. |
13,389 | 191,680 | |||
| Koninklijke Philips Electronics N.V. |
2,969 | 79,592 | |||
| Koninklijke Wessanen N.V. |
385 | 3,402 | |||
| Macintosh Retail Group N.V. |
290 | 4,428 | |||
| OCE N.V. |
1,012 | 7,108 | |||
| Ordina N.V. |
1,250 | 9,323 | |||
| Randstad Holding N.V. |
1,276 | 33,078 | |||
| Reed Elsevier N.V. |
1,657 | 24,506 | |||
| SBM Offshore N.V. |
1,395 | 29,432 | |||
| SNS Reaal |
613 | 6,854 | |||
| TNT N.V. |
1,302 | 35,663 | |||
| Unilever N.V. CVA |
7,459 | 208,079 | |||
| USG People N.V. |
555 | 7,523 | |||
| Wavin N.V. |
614 | 3,476 | |||
| Wolters Kluwer N.V. |
1,261 | 25,214 | |||
| Total Netherlands | 1,257,437 | ||||
| Norway – 1.3% | |||||
| ABG Sundal Collier Holding ASA |
11,000 | 9,675 | |||
| Acta Holding ASA |
9,000 | 4,567 | |||
| Aker ASA Class A |
320 | 9,769 | |||
| Aker Solutions ASA |
200 | 3,160 | |||
| DnB NOR ASA |
7,606 | 57,119 | |||
| Ekornes ASA |
600 | 8,068 | |||
| Fred Olsen Energy ASA |
120 | 4,536 | |||
| Norsk Hydro ASA |
4,953 | 32,463 | |||
| Norwegian Property ASA |
2,400 | 4,059 | |||
| Orkla ASA |
3,505 | 31,361 | |||
| Sparebank 1 SR Bank |
2,533 | 16,495 | |||
| Sparebanken Midt-Norge |
3,600 | 23,138 | |||
| Sparebanken Nord-Norge |
1,050 | 10,833 | |||
| Statoil ASA |
5,979 | 140,467 | |||
| Telenor ASA |
3,600 | 43,719 | |||
| Yara International ASA |
901 | 30,936 | |||
| Total Norway | 430,365 | ||||
| Portugal – 0.8% | |||||
| Banco BPI, S.A. |
1,914 | 5,807 | |||
| Banco Espirito Santo, S.A. |
2,078 | 25,248 | |||
| Banif SGPS, S.A. |
1,708 | 3,983 | |||
| Investments | Shares | U.S. $ Value | |||
| Brisa-Auto-estradas de Portugal S.A. |
2,202 | $ | 21,651 | ||
| CIMPOR – Cimentos de Portugal SGPS, S.A. |
1,148 | 7,245 | |||
| EDP – Energias de Portugal, S.A. |
15,251 | 62,960 | |||
| Galp Energia SGPS, S.A. Class B |
220 | 3,597 | |||
| Jeronimo Martins, SGPS, S.A. |
1,390 | 11,715 | |||
| Mota-Engil, SGPS, S.A. |
962 | 4,123 | |||
| Portucel-Empresa Produtora De Pasta E Papel, S.A. |
2,342 | 6,063 | |||
| Portugal Telecom, SGPS, S.A. |
8,018 | 80,020 | |||
| SAG Gest-Solucoes Automovel Globais, SGPS, S.A. |
2,377 | 5,008 | |||
| Semapa-Sociedade de Investimento e Gestao, SGPS, S.A. |
760 | 7,366 | |||
| Sonae SGPS, S.A. |
9,795 | 7,347 | |||
| Zon Multimedia – Servicos de Telecomunicacoes e Multimedia, SGPS, S.A. |
2,350 | 17,132 | |||
| Total Portugal | 269,265 | ||||
| Spain – 7.5% | |||||
| Abertis Infraestructuras S.A. |
1,895 | 36,786 | |||
| Acciona, S.A. |
258 | 38,523 | |||
| ACS, Actividades de Construccion y Servicios, S.A. |
1,279 | 51,148 | |||
| Adolfo Dominguez S.A. |
193 | 2,630 | |||
| Antena 3 de Television, S.A. |
2,375 | 17,081 | |||
| Banco Bilbao Vizcaya Argentaria, Chile, S.A. |
18,653 | 300,263 | |||
| Banco Espanol de Credito, S.A. |
2,699 | 36,016 | |||
| Banco Guipuzcoano S.A. |
4,276 | 40,242 | |||
| Banco Popular Espanol, S.A. |
4,806 | 55,964 | |||
| Banco Sabadell, S.A. |
4,351 | 33,308 | |||
| Banco Santander, S.A. |
34,288 | 505,708 | |||
| Bankinter, S.A. |
2,304 | 28,350 | |||
| Cementos Portland Valderrivas, S.A. |
108 | 5,159 | |||
| Cia Espanola De Petroleos, S.A. |
463 | 45,265 | |||
| Corporacion Financiera Alba, S.A. |
434 | 17,600 | |||
| Endesa S.A. |
3,236 | 116,909 | |||
| Fomento de Construcciones y Contratas S.A. |
530 | 23,614 | |||
| Gas Natural SDG, S.A. |
1,195 | 43,777 | |||
| Gestevision Telecinco, S.A. |
3,040 | 30,660 | |||
| Grupo Catalana Occidente S.A. |
3,394 | 70,653 | |||
| Grupo Ferrovial S.A. |
544 | 24,636 | |||
| IBERDROLA, S.A. |
14,483 | 145,253 | |||
| Iberia Lineas Aereas de Espana |
7,560 | 18,159 | |||
| Inditex S.A. |
1,439 | 60,012 | |||
| Mapfre S.A. |
4,805 | 20,720 | |||
| Red Electrica de Espana, S.A. |
463 | 23,315 | |||
| Renta Corp Real Estate S.A. |
833 | 4,727 | |||
| Repsol YPF, S.A. |
4,167 | 122,331 | |||
| Sacyr Vallehermoso, S.A. |
1,671 | 27,204 | |||
| Telefonica, S.A. |
20,080 | 473,568 | |||
| Union Fenosa, S.A. |
2,886 | 69,888 | |||
| Zardoya Otis, S.A. |
722 | 15,567 | |||
| Total Spain | 2,505,036 | ||||
| Sweden – 3.8% | |||||
| AB SKF Class B |
1,402 | 17,493 | |||
| AB Volvo Class A |
3,305 | 27,373 | |||
| AB Volvo Class B |
7,535 | 66,459 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 39 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Europe Total Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Alfa Laval AB |
2,804 | $ | 28,250 | ||
| Assa Abloy AB Class B |
1,402 | 16,588 | |||
| Atlas Copco AB Class A |
2,804 | 31,166 | |||
| Atlas Copco AB Class B |
2,204 | 21,731 | |||
| Bilia AB Class A |
1,249 | 5,911 | |||
| Boliden AB |
1,680 | 6,843 | |||
| Bure Equity AB |
600 | 3,192 | |||
| Cardo AB |
500 | 11,402 | |||
| Connecta AB |
400 | 3,040 | |||
| D. Carnegie & Co. AB |
2,099 | 15,051 | |||
| Electrolux AB Series B |
2,103 | 24,053 | |||
| Eniro AB |
5,103 | 17,491 | |||
| Fabege AB |
1,123 | 6,185 | |||
| Getinge AB Class B |
1,487 | 30,069 | |||
| Gunnebo AB |
400 | 2,008 | |||
| H&M Hennes & Mauritz AB Class B |
3,152 | 125,668 | |||
| Haldex AB |
379 | 3,764 | |||
| Hemtex AB |
1,200 | 6,540 | |||
| Hexagon AB Class B |
2,103 | 23,450 | |||
| Holmen AB Class B |
200 | 6,368 | |||
| Investment AB Kinnevik Class B |
2,103 | 24,279 | |||
| JM AB |
600 | 4,754 | |||
| Kungsleden AB |
2,585 | 16,164 | |||
| L E Lundbergforetagen AB Class B |
350 | 13,302 | |||
| Meda AB Class A |
173 | 1,650 | |||
| Mekonomen AB |
400 | 4,475 | |||
| NCC AB Class B |
639 | 6,186 | |||
| Nibe Industrier AB Class B |
1,617 | 11,085 | |||
| Nobia AB |
1,900 | 6,049 | |||
| Nordea Bank AB |
14,012 | 162,973 | |||
| Nordnet AB Class B |
1,645 | 2,583 | |||
| Q-Med AB |
790 | 3,388 | |||
| Rederi AB Transatlantic |
751 | 3,877 | |||
| Rezidor Hotel Group AB |
1,800 | 5,163 | |||
| rnb Retail and Brands AB |
3,200 | 3,740 | |||
| rnb Retail and Brands AB* |
3,002 | 3,251 | |||
| Sandvik AB |
4,204 | 43,410 | |||
| Scania AB Class A |
2,404 | 28,616 | |||
| Scania AB Class B |
2,804 | 33,679 | |||
| Securitas AB Class B |
1,402 | 15,432 | |||
| Skandinaviska Enskilda Banken AB Class A |
2,802 | 42,094 | |||
| Skandinaviska Enskilda Banken AB Class C |
400 | 5,651 | |||
| Skanska AB Class B |
1,402 | 15,583 | |||
| SSAB Svenskt Stal AB Series A |
1,103 | 17,005 | |||
| Svenska Cellulosa Aktiebolaget SCA Class B |
2,003 | 20,755 | |||
| Svenska Handelsbanken AB Class A |
2,802 | 61,081 | |||
| Swedbank AB Class A |
2,802 | 35,262 | |||
| Swedish Match AB |
2 | 34 | |||
| Telefonaktiebolaget LM Ericsson Class A |
600 | 5,516 | |||
| Telefonaktiebolaget LM Ericsson Class B |
8,746 | 80,276 | |||
| TeliaSonera AB |
16,515 | 92,609 | |||
| Trelleborg AB Class B |
700 | 9,537 | |||
| Total Sweden | 1,279,554 | ||||
| Investments | Shares | U.S. $ Value | |||
| Switzerland – 6.2% | |||||
| Adecco S.A. |
565 | $ | 24,308 | ||
| Aryzta AG* |
64 | 2,490 | |||
| Baloise Holding AG |
83 | 5,567 | |||
| Bank Sarasin & Cie AG Class B |
130 | 4,957 | |||
| Ciba Specialty Chemicals Holding, Inc. |
784 | 33,213 | |||
| Compagnie Financiere Richemont S.A. Class A |
784 | 34,192 | |||
| Credit Suisse Group |
5,064 | 225,368 | |||
| EFG International AG |
192 | 5,480 | |||
| Geberit AG |
46 | 5,596 | |||
| Givaudan S.A. |
42 | 34,855 | |||
| Helvetia Holding AG |
28 | 6,992 | |||
| Holcim Ltd. |
806 | 58,226 | |||
| Huber & Suhner AG |
348 | 13,656 | |||
| Julius Baer Holdings AG |
823 | 39,930 | |||
| Kudelski S.A. |
1,010 | 12,332 | |||
| Kuehne + Nagel International AG |
480 | 31,529 | |||
| Mobilezone Holding AG |
547 | 3,659 | |||
| Nestle S.A. |
10,870 | 467,276 | |||
| Nobel Biocare Holding AG |
121 | 3,999 | |||
| Novartis AG |
6,671 | 348,349 | |||
| Panalpina Welttransport Holding AG |
114 | 7,524 | |||
| Rieter Holding AG |
57 | 17,183 | |||
| Roche Holding AG |
1,494 | 232,511 | |||
| SGS S.A. |
2 | 2,333 | |||
| Sulzer AG |
35 | 3,683 | |||
| Swatch Group AG (The) |
95 | 3,131 | |||
| Swatch Group AG (The) Class B |
178 | 32,306 | |||
| Swiss Reinsurance |
1,616 | 87,484 | |||
| Swisscom AG |
306 | 90,470 | |||
| Swissquote Group Holding S.A. |
348 | 10,118 | |||
| Syngenta AG |
87 | 18,405 | |||
| Tecan Group AG |
210 | 10,395 | |||
| Vontobel Holding AG |
838 | 26,532 | |||
| Zurich Financial Services AG |
682 | 186,124 | |||
| Total Switzerland | 2,090,173 | ||||
| United Kingdom – 27.8% | |||||
| AGA Rangemaster Group PLC |
627 | 1,632 | |||
| Alliance & Leicester PLC |
7,862 | 37,521 | |||
| Anglo American PLC |
3,248 | 107,393 | |||
| AstraZeneca PLC |
7,283 | 319,347 | |||
| Aviva PLC |
16,740 | 143,223 | |||
| BAE SYSTEMS PLC |
25,546 | 187,601 | |||
| Barclays PLC |
73,978 | 430,529 | |||
| BBA Aviation PLC |
2,960 | 6,002 | |||
| Bellway PLC |
1,274 | 12,263 | |||
| BG Group PLC |
1,450 | 26,182 | |||
| BHP Billiton PLC |
5,255 | 117,928 | |||
| Big Yellow Group PLC |
1,121 | 6,494 | |||
| Bovis Homes Group PLC |
2,003 | 13,460 | |||
| BP PLC |
82,052 | 678,616 | |||
| Brewin Dolphin Holdings PLC |
1,550 | 3,447 | |||
| Brit Insurance Holdings PLC |
2,311 | 7,415 | |||
See Notes to Financial Statements.
| 40 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Europe Total Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| British Airways PLC |
664 | $ | 1,991 | ||
| British American Tobacco PLC |
9,070 | 296,661 | |||
| British Energy Group PLC |
2,989 | 40,491 | |||
| British Polythene Industries |
2,607 | 9,991 | |||
| British Sky Broadcasting PLC |
9,538 | 70,469 | |||
| BT Group PLC |
68,287 | 196,088 | |||
| Cable & Wireless PLC |
6,034 | 17,800 | |||
| Cadbury PLC |
2,669 | 26,903 | |||
| Carnival PLC |
357 | 10,570 | |||
| Centrica PLC |
27,594 | 154,441 | |||
| Chesnara PLC |
2,095 | 4,294 | |||
| Close Brothers Group PLC |
2,460 | 24,358 | |||
| Collins Stewart PLC |
9,958 | 11,360 | |||
| Compass Group PLC |
24,747 | 151,738 | |||
| Debenhams PLC |
24,929 | 21,662 | |||
| Diageo PLC |
13,501 | 227,413 | |||
| Dsg International PLC |
12,513 | 10,650 | |||
| DTZ Holdings PLC |
4,756 | 10,766 | |||
| Electrocomponents PLC |
4,280 | 12,473 | |||
| Findel PLC |
3,132 | 5,680 | |||
| FirstGroup PLC |
2,477 | 23,511 | |||
| Friends Provident PLC |
11,099 | 18,616 | |||
| Galliford Try PLC |
20,346 | 16,320 | |||
| GKN PLC |
1,289 | 4,498 | |||
| GlaxoSmithKline PLC |
24,939 | 538,319 | |||
| Hays PLC |
1,188 | 1,694 | |||
| Helphire PLC |
1,973 | 4,853 | |||
| Highway Insurance Group PLC |
11,009 | 13,785 | |||
| HMV Group PLC |
3,550 | 8,020 | |||
| Hogg Robinson Group PLC |
7,994 | 4,773 | |||
| Home Retail Group PLC |
6,199 | 25,635 | |||
| HSBC Holdings PLC |
69,022 | 1,108,484 | |||
| Hunting PLC |
330 | 3,582 | |||
| Imperial Tobacco Group PLC |
3,676 | 117,744 | |||
| International Power PLC |
387 | 2,495 | |||
| Investec PLC |
1,781 | 9,595 | |||
| ITV PLC |
5,302 | 3,969 | |||
| J. Sainsbury PLC |
5,106 | 31,672 | |||
| James Fisher & Sons PLC |
705 | 6,352 | |||
| Kazakhmys PLC |
1,936 | 20,015 | |||
| Kier Group PLC |
146 | 2,025 | |||
| Kingfisher PLC |
13,184 | 30,949 | |||
| Lavendon Group PLC |
757 | 3,238 | |||
| Legal & General Group PLC |
25,997 | 46,338 | |||
| Lloyds TSB Group PLC |
62,047 | 250,499 | |||
| Logica PLC |
3,976 | 7,654 | |||
| Lonmin PLC |
144 | 5,837 | |||
| Lookers PLC |
6,838 | 5,668 | |||
| Luminar Group Holdings PLC |
1,752 | 5,809 | |||
| Management Consulting Group PLC |
9,208 | 5,498 | |||
| Marks & Spencer Group PLC |
16,415 | 58,957 | |||
| Michael Page International PLC |
125 | 515 | |||
| Millennium & Copthorne Hotels PLC |
203 | 880 | |||
| Mitchells & Butlers PLC |
2,021 | 7,898 | |||
| Investments | Shares | U.S. $ Value | |||
| MJ Gleeson Group PLC |
6,122 | $ | 12,931 | ||
| Mondi PLC |
804 | 3,697 | |||
| National Grid PLC |
13,656 | 173,796 | |||
| New Star Asset Management Group PLC |
5,785 | 6,831 | |||
| Next PLC |
741 | 13,459 | |||
| Northgate PLC |
1,150 | 4,171 | |||
| Old Mutual PLC |
63,005 | 86,473 | |||
| Paragon Group Companies PLC |
5,374 | 6,226 | |||
| Pearson PLC |
12,191 | 130,379 | |||
| Pendragon PLC |
39,400 | 6,271 | |||
| Persimmon PLC |
4,038 | 28,664 | |||
| Premier Foods PLC |
1,929 | 2,570 | |||
| Provident Financial PLC |
4,629 | 70,257 | |||
| Prudential PLC |
19,176 | 173,465 | |||
| Raymarine PLC |
1,309 | 2,543 | |||
| Reckitt Benckiser Group PLC |
2,946 | 142,357 | |||
| Reed Elsevier PLC |
12,206 | 120,749 | |||
| Renishaw PLC |
735 | 9,859 | |||
| Rentokil Initial PLC |
6,684 | 8,221 | |||
| Rexam PLC |
2,692 | 18,858 | |||
| Rio Tinto PLC |
1,592 | 98,495 | |||
| Robert Walters PLC |
2,555 | 4,930 | |||
| Royal Dutch Shell PLC Class A |
13,030 | 375,785 | |||
| Royal Dutch Shell PLC Class B |
9,629 | 270,835 | |||
| RSA Insurance Group PLC |
10,201 | 27,092 | |||
| SABMiller PLC |
5,518 | 106,814 | |||
| Sage Group (The) PLC |
29,051 | 101,130 | |||
| Savills PLC |
2,273 | 10,504 | |||
| Scottish & Southern Energy PLC |
4,803 | 122,167 | |||
| Shore Capital Group PLC |
9,094 | 3,728 | |||
| Smiths Group PLC |
295 | 5,321 | |||
| Smiths News PLC |
15,939 | 20,456 | |||
| Standard Chartered PLC |
8,177 | 196,035 | |||
| Standard Life PLC |
7,078 | 30,279 | |||
| Sthree PLC |
1,755 | 5,592 | |||
| Tate & Lyle PLC |
401 | 2,723 | |||
| Tesco PLC |
29,854 | 206,254 | |||
| Thomson Reuters PLC |
301 | 6,658 | |||
| Tomkins PLC |
4,551 | 12,472 | |||
| Topps Tiles PLC |
8,662 | 8,955 | |||
| Travis Perkins PLC |
1,966 | 18,520 | |||
| Trinity Mirror PLC |
1,172 | 1,765 | |||
| TT electronics PLC |
5,548 | 8,702 | |||
| Unilever PLC |
6,578 | 178,454 | |||
| United Utilities Group PLC |
1,452 | 17,987 | |||
| Venture Production PLC |
196 | 2,124 | |||
| Vodafone Group PLC |
291,542 | 637,620 | |||
| WPP Group PLC |
97 | 775 | |||
| Xstrata PLC |
83 | 2,539 | |||
| Total United Kingdom | 9,307,037 | ||||
| TOTAL COMMON STOCKS (Cost: $44,258,938) |
33,299,725 | ||||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 41 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree Europe Total Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| SHORT-TERM INVESTMENT – 0.2% | |||||
| MONEY MARKET FUND – 0.2% | |||||
| United States – 0.2% | |||||
| Columbia Cash Reserves Fund, 2.08%(b) (Cost: $79,032) |
79,032 | $ | 79,032 | ||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.0% | |||||
| MONEY MARKET FUND(c) – 0.0% |
|||||
| UBS Private Money Market Fund LLC, 3.01% (Cost: $149)(d) |
149 | 149 | |||
| TOTAL INVESTMENTS IN SECURITIES – 99.6% (Cost: $44,338,119)(e) |
33,378,906 | ||||
| Cash, Foreign Currency and Other Assets in |
134,046 | ||||
| NET ASSETS – 100.0% | $ | 33,512,952 | |||
RSP – Risparmio Italian Savings Shares.
| * | Non-income producing security. |
| (a) |
Escrow Security – Additional shares issued as a result of a corporate action. |
| (b) |
Rate shown represents annualized 7-day yield as of September 30, 2008. |
| (c) |
Interest rate shown reflects yield as of September 30, 2008. |
| (d) |
At September 30, 2008, the total market value of the Fund’s securities on loan was $0 and the total market value of the collateral held by the Fund was $149. |
| (e) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 42 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Europe High-Yielding Equity Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.2% | |||||
| Austria – 0.3% | |||||
| Oesterreichische Post AG |
986 | $ | 32,769 | ||
| Telekom Austria AG |
4,853 | 84,460 | |||
| Total Austria | 117,229 | ||||
| Belgium – 3.3% | |||||
| Barco N.V. |
577 | 26,025 | |||
| Belgacom S.A. |
6,021 | 223,994 | |||
| Cofinimmo |
248 | 42,847 | |||
| Compagnie Maritime Belge S.A. |
796 | 31,665 | |||
| Dexia N.V. |
17,986 | 189,480 | |||
| InBev N.V. |
6,322 | 371,503 | |||
| KBC Groep N.V. |
3,540 | 297,005 | |||
| Mobistar S.A. |
875 | 61,140 | |||
| Total Belgium | 1,243,659 | ||||
| Denmark – 0.6% | |||||
| D/S Norden |
755 | 35,321 | |||
| Danske Bank A/S |
8,255 | 193,872 | |||
| Total Denmark | 229,193 | ||||
| Finland – 2.2% | |||||
| Elisa Oyj |
1,733 | 33,447 | |||
| Kesko Oyj Class B |
1,211 | 30,482 | |||
| Metso Oyj |
4,039 | 96,845 | |||
| Neste Oil Oyj |
2,597 | 53,150 | |||
| OKO Bank PLC Class A |
2,403 | 34,226 | |||
| Orion Oyj Class B |
2,399 | 40,269 | |||
| Rautaruukki Oyj |
2,943 | 57,544 | |||
| Sampo Oyj Class A |
8,038 | 178,617 | |||
| Sanoma-WSOY Oyj |
2,002 | 37,373 | |||
| Stora Enso Oyj Class R |
8,966 | 86,018 | |||
| UPM-Kymmene Oyj |
7,264 | 111,624 | |||
| Uponor Oyj |
2,649 | 33,005 | |||
| Wartsila Oyj |
1,025 | 42,416 | |||
| Total Finland | 835,016 | ||||
| France – 26.5% | |||||
| AXA S.A. |
31,675 | 1,018,651 | |||
| BNP Paribas |
13,625 | 1,264,662 | |||
| Cie de Saint-Gobain S.A. |
5,039 | 255,834 | |||
| Credit Agricole S.A. |
44,493 | 837,774 | |||
| Etablissements Maurel et Prom |
2,911 | 45,919 | |||
| Euler Hermes S.A. |
1,574 | 109,286 | |||
| Fonciere Des Regions |
672 | 69,190 | |||
| France Telecom S.A. |
51,237 | 1,425,007 | |||
| Legrand S.A. |
2,868 | 63,731 | |||
| M6-Metropole Television |
2,453 | 53,200 | |||
| Natixis |
27,522 | 88,529 | |||
| Neopost S.A. |
471 | 43,897 | |||
| Nexity |
1,802 | 28,248 | |||
| PagesJaunes |
7,260 | 99,326 | |||
| Peugeot S.A. |
2,426 | 89,861 | |||
| PPR S.A. |
1,560 | 137,359 | |||
| Rallye S.A. |
713 | 20,531 | |||
| Investments | Shares | U.S. $ Value | |||
| Renault S.A. |
5,119 | $ | 320,368 | ||
| Sanofi-Aventis |
18,271 | 1,194,676 | |||
| Schneider Electric S.A. |
2,873 | 243,121 | |||
| SCOR SE |
3,222 | 61,551 | |||
| Societe BIC S.A. |
1,046 | 53,893 | |||
| Societe Immobiliere de Location pour l’Industrie et le Commerce |
311 | 38,006 | |||
| Societe Television Francaise 1 |
4,372 | 76,211 | |||
| TOTAL S.A. |
25,267 | 1,511,220 | |||
| Valeo S.A. |
2,902 | 86,621 | |||
| Vallourec |
473 | 100,364 | |||
| Vivendi S.A. |
17,550 | 542,828 | |||
| Total France | 9,879,864 | ||||
| Germany – 5.1% | |||||
| Comdirect Bank AG |
2,443 | 17,913 | |||
| Deutsche Bank AG |
8,045 | 559,766 | |||
| Deutsche Lufthansa AG |
8,016 | 155,384 | |||
| Deutsche Telekom AG |
67,911 | 1,027,363 | |||
| Hannover Rueckversicherung AG |
1,512 | 54,604 | |||
| Heidelberger Druckmaschinen AG |
1,470 | 22,858 | |||
| MPC Muenchmeyer Petersen Capital AG |
662 | 12,088 | |||
| Norddeutsche Affinerie AG |
1,335 | 55,956 | |||
| Total Germany | 1,905,932 | ||||
| Ireland – 0.8% | |||||
| Allied Irish Banks PLC |
14,131 | 117,110 | |||
| Bank of Ireland |
20,915 | 116,044 | |||
| Independent News & Media PLC |
12,969 | 21,132 | |||
| Irish Life & Permanent PLC |
4,858 | 33,095 | |||
| Total Ireland | 287,381 | ||||
| Italy – 15.9% | |||||
| Alleanza Assicurazioni SpA |
13,587 | 123,194 | |||
| Arnoldo Mondadori Editore SpA |
7,258 | 36,294 | |||
| Banca Intermobiliare SpA |
5,364 | 27,124 | |||
| Banca Monte dei Paschi di Siena SpA |
149,705 | 365,893 | |||
| Banca Popolare di Milano S.c.r.l. |
5,622 | 46,829 | |||
| Credito Emiliano SpA |
4,828 | 40,520 | |||
| Enel SpA |
91,376 | 755,990 | |||
| Eni SpA |
43,798 | 1,144,288 | |||
| Gemina SpA |
27,530 | 27,765 | |||
| Gruppo Editoriale L’Espresso SpA |
19,459 | 41,273 | |||
| Intesa Sanpaolo SpA |
227,005 | 1,226,027 | |||
| Intesa Sanpaolo SpA-RSP |
19,506 | 91,787 | |||
| Mediaset SpA |
23,472 | 147,458 | |||
| Mediobanca SpA |
8,924 | 119,021 | |||
| Mediolanum SpA |
10,788 | 48,453 | |||
| Milano Assicurazioni SpA |
10,234 | 44,671 | |||
| Parmalat Finanzaria SpA |
35,902 | 83,713 | |||
| Pirelli & C Real Estate SpA |
1,838 | 23,184 | |||
| RCS MediaGroup SpA |
8,370 | 17,283 | |||
| Snam Rete Gas SpA |
29,500 | 176,937 | |||
| Societa Cattolica di Assicurazioni S.c.r.l. |
885 | 40,376 | |||
| Telecom Italia SpA |
167,660 | 247,750 | |||
| Telecom Italia SpA-RSP |
108,766 | 122,299 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 43 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Europe High-Yielding Equity Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Terna SpA |
23,930 | $ | 87,226 | ||
| UniCredito Italiano SpA |
173,615 | 633,448 | |||
| Unione di Banche Italiane SCPA |
7,988 | 173,018 | |||
| Unipol Gruppo Finanziario SpA |
25,977 | 54,623 | |||
| Total Italy | 5,946,444 | ||||
| Netherlands – 2.5% | |||||
| AEGON N.V. |
24,207 | 210,815 | |||
| ING Groep N.V. |
30,963 | 649,338 | |||
| Koninklijke BAM Groep N.V. CVA |
2,732 | 34,691 | |||
| SNS Reaal |
4,116 | 46,021 | |||
| Total Netherlands | 940,865 | ||||
| Norway – 0.6% | |||||
| ABG Sundal Collier Holding ASA |
24,000 | 21,109 | |||
| Acta Holding ASA |
36,034 | 18,284 | |||
| Aker ASA Class A |
1,120 | 34,193 | |||
| DnB NOR ASA |
17,864 | 134,154 | |||
| Total Norway | 207,740 | ||||
| Portugal – 0.5% | |||||
| Banco BPI, S.A. |
14,041 | 42,601 | |||
| Portugal Telecom, SGPS, S.A. |
15,203 | 151,727 | |||
| Total Portugal | 194,328 | ||||
| Spain – 5.6% | |||||
| Antena 3 de Television, S.A. |
6,561 | 47,185 | |||
| Banco Bilbao Vizcaya Argentaria, Chile, S.A. |
41,890 | 674,316 | |||
| Banco Espanol de Credito, S.A. |
7,707 | 102,844 | |||
| Banco Santander Central Hispano, S.A. |
70,485 | 1,039,571 | |||
| Bolsas y Mercados Espanoles |
1,557 | 39,432 | |||
| Cementos Portland Valderrivas, S.A. |
467 | 22,310 | |||
| Gestevision Telecinco, S.A. |
7,760 | 78,263 | |||
| Iberia Lineas Aereas de Espana |
21,634 | 51,964 | |||
| Uralita, S.A. |
3,152 | 23,687 | |||
| Total Spain | 2,079,572 | ||||
| Sweden – 3.2% | |||||
| AB Volvo Class A |
8,827 | 73,107 | |||
| AB Volvo Class B |
18,920 | 166,875 | |||
| Boliden AB |
5,459 | 22,235 | |||
| Brostrom AB Class B |
11,701 | 96,071 | |||
| D. Carnegie & Co. AB |
6,500 | 46,610 | |||
| Electrolux AB Series B |
3,600 | 41,175 | |||
| Eniro AB |
7,300 | 25,022 | |||
| Fabege AB |
5,259 | 28,962 | |||
| Kungsleden Fastighets AB |
6,855 | 42,864 | |||
| Nordea Bank AB |
28,732 | 334,182 | |||
| Skanska AB Class B |
5,074 | 56,396 | |||
| Svenska Handelsbanken AB Class A |
8,307 | 181,086 | |||
| Swedbank AB Class A |
7,292 | 91,768 | |||
| Total Sweden | 1,206,353 | ||||
| Switzerland – 2.6% | |||||
| Ciba Specialty Chemicals Holding, Inc. |
1,318 | 55,835 | |||
| Swiss Reinsurance Co. |
3,941 | 213,350 | |||
| Swisscom AG |
809 | 239,183 | |||
| Investments | Shares | U.S. $ Value | |||
| Vontobel Holding AG |
1,076 | $ | 34,067 | ||
| Zurich Financial Services AG |
1,524 | 415,914 | |||
| Total Switzerland | 958,349 | ||||
| United Kingdom – 29.5% | |||||
| Alliance & Leicester PLC |
18,498 | 88,282 | |||
| Amlin PLC |
8,706 | 48,882 | |||
| AstraZeneca PLC |
15,072 | 660,881 | |||
| Aviva PLC |
33,868 | 289,766 | |||
| Barclays PLC |
167,242 | 973,297 | |||
| Bellway PLC |
4,205 | 40,474 | |||
| Bovis Homes Group PLC |
4,184 | 28,116 | |||
| Brit Insurance Holdings PLC |
12,205 | 39,159 | |||
| BT Group PLC |
136,225 | 391,173 | |||
| Cable & Wireless PLC |
26,709 | 78,790 | |||
| Centrica PLC |
31,211 | 174,684 | |||
| Close Brothers Group PLC |
4,048 | 40,081 | |||
| Dairy Crest Group PLC |
3,677 | 26,216 | |||
| Debenhams PLC |
39,635 | 34,441 | |||
| DSG International PLC |
96,419 | 82,064 | |||
| Electrocomponents PLC |
14,098 | 41,086 | |||
| Friends Provident PLC |
38,286 | 64,217 | |||
| GKN PLC |
17,584 | 61,353 | |||
| GlaxoSmithKline PLC |
60,015 | 1,295,450 | |||
| Hays PLC |
26,046 | 37,141 | |||
| Henderson Group PLC |
12,312 | 23,921 | |||
| Home Retail Group PLC |
15,140 | 62,608 | |||
| HSBC Holdings PLC |
152,860 | 2,454,909 | |||
| Informa PLC |
3,080 | 17,280 | |||
| Investec PLC |
9,092 | 48,983 | |||
| ITV PLC |
51,930 | 38,876 | |||
| Kingfisher PLC |
33,193 | 77,920 | |||
| Ladbrokes PLC |
8,904 | 29,599 | |||
| Legal & General Group PLC |
110,365 | 196,720 | |||
| Lloyds TSB Group PLC |
140,225 | 566,123 | |||
| Logica PLC |
19,357 | 37,263 | |||
| Marks & Spencer Group PLC |
23,395 | 84,026 | |||
| Mitchells & Butlers PLC |
6,231 | 24,351 | |||
| Mondi PLC |
5,484 | 25,219 | |||
| National Grid PLC |
33,163 | 422,055 | |||
| Next PLC |
2,840 | 51,583 | |||
| Old Mutual PLC |
87,500 | 120,092 | |||
| Pearson PLC |
18,630 | 199,242 | |||
| Persimmon PLC |
10,252 | 72,775 | |||
| Premier Foods PLC |
13,734 | 18,299 | |||
| Rentokil Initial PLC |
28,953 | 35,609 | |||
| Rexam PLC |
8,269 | 57,925 | |||
| Royal & Sun Alliance Insurance Group |
36,675 | 97,403 | |||
| Standard Life PLC |
24,769 | 105,959 | |||
| Tate & Lyle PLC |
6,512 | 44,224 | |||
| Thomson Reuters PLC |
2,300 | 50,876 | |||
| Tomkins PLC |
46,906 | 128,547 | |||
| Travis Perkins PLC |
3,931 | 37,031 | |||
| Trinity Mirror PLC |
11,594 | 17,463 | |||
See Notes to Financial Statements.
| 44 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree Europe High-Yielding Equity Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Vodafone Group PLC |
616,810 | $ | 1,349,003 | ||
| William Hill PLC |
6,822 | 28,393 | |||
| Total United Kingdom | 11,019,830 | ||||
| TOTAL COMMON STOCKS (Cost: $49,641,338) |
37,051,755 | ||||
| SHORT-TERM INVESTMENT – 0.1% | |||||
| MONEY MARKET FUND – 0.1% | |||||
| United States – 0.1% | |||||
| Columbia Cash Reserves Fund, 2.08%(a) (Cost: $46,224) |
46,224 | 46,224 | |||
| TOTAL INVESTMENTS IN SECURITIES – 99.3% (Cost: $49,687,562)(b) |
37,097,979 | ||||
| Cash, Foreign Currency and Other Assets in |
264,957 | ||||
| NET ASSETS – 100.0% | $ | 37,362,936 | |||
RSP- Risparmio Italian Savings Shares.
| (a) |
Rate shown represents annualized 7-day yield as of September 30, 2008. |
| (b) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 45 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Europe SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 97.2% | |||||
| Austria – 0.6% | |||||
| AT&S Austria Technologie & Systemtechnik AG |
2,139 | $ | 23,135 | ||
| Palfinger AG |
2,153 | 38,710 | |||
| POLYTEC Holding AG |
993 | 13,502 | |||
| Schoeller-Bleckmann Oilfield Equipment AG |
495 | 29,550 | |||
| Zumtobel AG |
2,326 | 32,639 | |||
| Total Austria | 137,536 | ||||
| Belgium – 1.7% | |||||
| Barco N.V. |
1,732 | 78,119 | |||
| Compagnie d’Entreprises CFE |
184 | 15,233 | |||
| EVS Broadcast Equipment S.A. |
1,283 | 90,325 | |||
| Melexis N.V. |
5,111 | 70,858 | |||
| Omega Pharma S.A. |
662 | 28,036 | |||
| Tessenderlo Chemie N.V. |
2,393 | 117,983 | |||
| Total Belgium | 400,554 | ||||
| Denmark – 0.9% | |||||
| Auriga Industries A/S Class B |
1,474 | 36,768 | |||
| Bang & Olufsen A/S Class B |
2,300 | 85,301 | |||
| Dalhoff Larsen & Horneman A/S Class B |
400 | 3,389 | |||
| East Asiatic Co. Ltd. A/S |
695 | 28,654 | |||
| Forstaedernes Bank A/S |
400 | 7,606 | |||
| IC Companys A/S |
600 | 10,448 | |||
| Rockwool International A/S Class B |
380 | 31,835 | |||
| Sjaelso Gruppen |
2,050 | 18,911 | |||
| Total Denmark | 222,912 | ||||
| Finland – 7.2% | |||||
| Ahlstrom Oyj |
7,059 | 128,206 | |||
| Alma Media Corp. |
16,350 | 186,025 | |||
| Amer Sports Oyj |
8,491 | 101,379 | |||
| Citycon Oyj |
10,314 | 33,321 | |||
| Comptel PLC |
14,960 | 26,267 | |||
| Finnair Oyj |
11,259 | 63,892 | |||
| Fiskars Oyj Abp |
6,005 | 79,541 | |||
| F-Secure Oyj |
742 | 2,418 | |||
| HK-Ruokatalo Oyj Class A |
2,969 | 23,396 | |||
| Huhtamaki Oyj |
13,206 | 103,693 | |||
| Kemira Oyj |
12,909 | 150,500 | |||
| Lassila & Tikanoja Oyj |
3,403 | 65,964 | |||
| M-real Oyj Class B |
20,549 | 36,369 | |||
| Oriola-KD Oyj Class B |
3,335 | 9,369 | |||
| PKC Group Oyj |
3,946 | 36,582 | |||
| Poyry Oyj |
4,691 | 89,547 | |||
| Raisio PLC Class V |
12,218 | 27,116 | |||
| Ramirent Oyj |
14,080 | 86,823 | |||
| Stockmann Oyj Abp Class B |
3,757 | 87,867 | |||
| Talentum Oyj |
10,190 | 36,070 | |||
| Technopolis PLC |
4,327 | 29,660 | |||
| TietoEnator Oyj |
4,895 | 71,302 | |||
| Uponor Oyj |
19,354 | 241,136 | |||
| Total Finland | 1,716,443 | ||||
| Investments | Shares | U.S. $ Value | |||
| France – 5.1% | |||||
| ABC Arbitrage |
6,177 | $ | 42,341 | ||
| Altamir Amboise |
2,160 | 16,536 | |||
| Assystem |
3,471 | 47,537 | |||
| Avenir Telecom |
2,163 | 2,886 | |||
| Canal Plus S.A. |
15,707 | 136,790 | |||
| Carbone Lorraine |
1,200 | 55,793 | |||
| Derichebourg |
6,742 | 29,168 | |||
| GFI Informatique |
9,503 | 50,056 | |||
| Groupe Steria SCA |
2,269 | 49,401 | |||
| Haulotte Group |
2,315 | 28,681 | |||
| IMS-Intl Metal Service |
2,970 | 50,896 | |||
| Ingenico S.A. |
632 | 15,686 | |||
| IPSOS |
796 | 23,122 | |||
| Kaufman & Broad S.A. |
3,298 | 138,327 | |||
| LaCie S.A. |
4,681 | 23,079 | |||
| Manitou BF S.A. |
5,082 | 124,566 | |||
| NRJ Group |
12,391 | 123,054 | |||
| Oberthur Card Systems S.A. |
13,530 | 95,215 | |||
| Saft Groupe SA* |
697 | 27,374 | |||
| Seche Environnement S.A. |
198 | 14,735 | |||
| Sequana S.A. |
6,649 | 93,022 | |||
| Stallergenes |
228 | 14,207 | |||
| Trigano S.A. |
1,728 | 17,039 | |||
| Total France | 1,219,511 | ||||
| Germany – 5.7% | |||||
| Aareal Bank AG |
2,579 | 29,271 | |||
| Aixtron AG |
1,293 | 7,483 | |||
| Beate Uhse AG |
18,418 | 24,060 | |||
| Bechtle AG |
2,192 | 44,984 | |||
| Carl Zeiss Meditec AG |
1,678 | 23,900 | |||
| Cenit AG |
1,820 | 9,945 | |||
| CTS Eventim AG |
376 | 13,600 | |||
| DAB Bank AG |
7,981 | 39,461 | |||
| Demag Cranes AG |
1,537 | 60,084 | |||
| Deutz AG |
6,578 | 36,682 | |||
| Duerr AG |
149 | 4,081 | |||
| Elexis AG |
190 | 3,550 | |||
| Epcos AG |
2,984 | 74,776 | |||
| Freenet AG |
7,669 | 68,727 | |||
| Gerresheimer AG |
186 | 8,415 | |||
| Gerry Weber International AG |
1,933 | 43,036 | |||
| Gfk AG |
808 | 24,526 | |||
| Gildemeister AG |
1,847 | 30,744 | |||
| H&R WASAG AG |
2,439 | 56,973 | |||
| HCI Capital AG |
5,049 | 33,758 | |||
| IDS Scheer AG |
2,433 | 23,923 | |||
| Indus Holding AG |
2,743 | 64,537 | |||
| Kizoo AG |
7,211 | 76,777 | |||
| Kontron AG |
1,973 | 19,954 | |||
| Kuka AG |
2,104 | 50,951 | |||
| Leoni AG |
2,384 | 71,494 | |||
See Notes to Financial Statements.
| 46 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Europe SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Medion AG |
937 | $ | 10,450 | ||
| MLP AG |
8,047 | 146,942 | |||
| MPC Muenchmeyer Petersen Capital AG |
2,523 | 46,071 | |||
| Pfeiffer Vacuum Technology AG |
625 | 49,663 | |||
| Pfleiderer AG |
2,831 | 34,039 | |||
| Praktiker Bau-und Heimwerkermaerkte AG |
3,374 | 30,758 | |||
| Sixt AG |
1,025 | 21,884 | |||
| Takkt AG |
3,628 | 50,145 | |||
| Vivacon AG |
3,309 | 31,281 | |||
| Total Germany | 1,366,925 | ||||
| Ireland – 1.4% | |||||
| FBD Holdings PLC |
2,008 | 32,560 | |||
| FBD Holdings PLC A Shares |
2,660 | 5,605 | |||
| Fyffes PLC |
24,125 | 10,844 | |||
| Greencore Group PLC |
23,035 | 58,565 | |||
| Kingspan Group PLC |
13,075 | 116,623 | |||
| Paddy Power PLC |
2,952 | 50,836 | |||
| United Drug PLC |
12,236 | 64,968 | |||
| Total Ireland | 340,001 | ||||
| Italy – 11.9% | |||||
| AcegasAps SpA |
5,324 | 38,439 | |||
| Actelios SpA |
5,122 | 37,880 | |||
| Amplifon SpA |
12,612 | 31,711 | |||
| Anima SGRpA |
16,769 | 33,542 | |||
| Antichi Pellettieri SpA |
395 | 2,774 | |||
| Ascopiave SpA |
26,044 | 50,448 | |||
| Astaldi SpA |
5,474 | 36,369 | |||
| Autostrada Torino-Milano SpA |
5,840 | 63,123 | |||
| Azimut Holding SpA |
5,368 | 36,589 | |||
| Banca Generali SpA |
7,384 | 43,069 | |||
| Banca IFIS SpA |
3,881 | 40,286 | |||
| Banca Intermobiliare SpA |
21,756 | 110,014 | |||
| Banca Popolare dell’Etruria e del Lazio |
5,861 | 45,444 | |||
| Banco di Desio e della Brianza SpA |
5,239 | 35,397 | |||
| Biesse SpA |
2,096 | 17,680 | |||
| Brembo SpA |
6,497 | 62,833 | |||
| Buzzi Unicem SpA RSP |
2,374 | 23,342 | |||
| Cairo Communication SpA |
27,399 | 93,232 | |||
| Carraro SpA |
2,363 | 12,961 | |||
| Cementir Holding SpA |
8,409 | 39,687 | |||
| COFIDE-Compagnia Finanziaria De Benedetti SpA |
31,146 | 22,881 | |||
| Credito Artigiano SpA |
48,529 | 154,056 | |||
| Danieli & Co., SpA |
423 | 6,150 | |||
| Danieli & Co., SpA RSP |
217 | 4,691 | |||
| De’Longhi SpA |
5,123 | 16,821 | |||
| ERGO Previdenza SpA |
9,865 | 60,451 | |||
| Esprinet SpA |
4,721 | 20,292 | |||
| Fiat SpA-RSP |
10,158 | 76,550 | |||
| Fondiaria-Sai SpA RSP |
6,585 | 109,701 | |||
| Gas Plus |
942 | 8,799 | |||
| Gewiss SpA |
6,082 | 31,545 | |||
| Gruppo Editoriale L’Espresso SpA |
85,674 | 181,716 | |||
| Investments | Shares | U.S. $ Value | |||
| Gruppo MutuiOnline SpA |
1,813 | $ | 9,531 | ||
| I.M.A. – Industria Macchine Automatiche SpA |
5,044 | 98,482 | |||
| IFIL – Investments SpA RSP |
2,339 | 7,754 | |||
| Indesit Co., SpA |
14,915 | 155,765 | |||
| Interpump Group SpA |
3,213 | 20,851 | |||
| Italcementi SpA RSP |
9,630 | 89,141 | |||
| Italmobiliare SpA RSP |
1,392 | 61,259 | |||
| Landi Renzo SpA |
2,715 | 14,616 | |||
| Mariella Burani SpA |
95 | 1,827 | |||
| MARR SpA |
10,190 | 71,352 | |||
| Meliorbanca SpA |
9,744 | 38,631 | |||
| Milano Assicurazioni SpA RSP |
3,538 | 15,704 | |||
| Navigazione Montanari SpA |
11,316 | 49,036 | |||
| Nice SpA |
3,480 | 14,897 | |||
| Panariagroup Industrie Ceramiche SpA |
7,104 | 27,641 | |||
| Permasteelisa SpA |
936 | 14,791 | |||
| Piaggio & C SpA |
37,894 | 83,568 | |||
| Pirelli & C Real Estate SpA |
11,649 | 146,938 | |||
| Pirelli & C SpA RSP |
15,728 | 8,616 | |||
| Premafin Finanziaria SpA |
10,162 | 18,185 | |||
| Premuda SpA |
3,691 | 6,071 | |||
| Recordati SpA |
21,018 | 128,426 | |||
| SAES Getters SpA |
2,381 | 39,398 | |||
| SAES Getters SpA RSP |
513 | 7,624 | |||
| Safilo Group SpA |
35,077 | 48,433 | |||
| Sogefi SpA |
13,528 | 38,622 | |||
| SOL SpA |
5,124 | 26,343 | |||
| Tamburi Investment Partners SpA |
884 | 2,142 | |||
| Vittoria Assicurazioni SpA |
1,842 | 27,400 | |||
| Total Italy | 2,821,517 | ||||
| Netherlands – 5.2% | |||||
| Arcadis N.V. |
2,993 | 51,416 | |||
| ASM International N.V. |
373 | 6,664 | |||
| Ballast Nedam N.V. CVA |
1,393 | 40,092 | |||
| Beter Bed Holding N.V. |
3,694 | 50,020 | |||
| Brunel International |
1,098 | 21,639 | |||
| Draka Holding |
2,553 | 51,604 | |||
| Exact Holding N.V. |
4,522 | 114,967 | |||
| Grontmij CVA |
1,213 | 39,529 | |||
| Heijmans N.V. |
3,856 | 62,396 | |||
| Innoconcepts |
303 | 3,784 | |||
| Kardan N.V. |
2,197 | 16,202 | |||
| Koninklijke Wessanen N.V. |
14,064 | 124,259 | |||
| Macintosh Retail Group N.V. |
2,405 | 36,721 | |||
| OCE N.V. |
14,375 | 100,959 | |||
| OPG Groep N.V. CVA |
3,393 | 46,373 | |||
| Ordina N.V. |
1,812 | 13,515 | |||
| Plaza Centers N.V. |
44,948 | 58,285 | |||
| Telegraaf Media Groep N.V. CVA |
3,835 | 103,858 | |||
| Ten Cate N.V. |
2,253 | 73,800 | |||
| TKH Group N.V. CVA |
2,698 | 49,305 | |||
| Unit 4 Agresso N.V. |
490 | 8,645 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 47 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Europe SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| USG People N.V. |
7,489 | $ | 101,512 | ||
| Wavin N.V. |
11,764 | 66,593 | |||
| Total Netherlands | 1,242,138 | ||||
| Norway – 4.2% | |||||
| ABG Sundal Collier Holding ASA |
153,020 | 134,585 | |||
| Acta Holding ASA |
171,128 | 86,833 | |||
| Austevoll Seafood ASA |
1,600 | 4,844 | |||
| Cermaq ASA |
6,149 | 39,313 | |||
| DOF ASA |
2,566 | 17,794 | |||
| EDB Business Partner ASA |
6,493 | 18,670 | |||
| Ekornes ASA |
6,345 | 85,318 | |||
| Hafslund ASA Class B |
3,972 | 63,151 | |||
| Leroy Seafood Group ASA |
1,405 | 12,298 | |||
| Norwegian Property ASA |
21,200 | 35,857 | |||
| Salmar ASA |
1,600 | 7,577 | |||
| Scana Industrier |
9,602 | 17,621 | |||
| SpareBank 1 SMN |
15,588 | 100,188 | |||
| Sparebank 1 SR Bank |
16,233 | 105,707 | |||
| Sparebanken Nord-Norge |
3,600 | 37,143 | |||
| Tomra Systems ASA |
8,028 | 40,735 | |||
| TTS Marine ASA |
800 | 6,048 | |||
| Veidekke ASA |
29,890 | 157,734 | |||
| Wilh. Wilhelmsen ASA Class A |
1,950 | 38,259 | |||
| Total Norway | 1,009,675 | ||||
| Portugal – 1.3% | |||||
| Banif SGPS, S.A. |
35,705 | 83,254 | |||
| Finibanco Holding SGPS S.A. |
7,368 | 35,913 | |||
| Mota-Engil, SGPS, S.A. |
11,456 | 49,096 | |||
| SAG Gest-Solucoes Automovel Globais, SGPS, S.A. |
23,658 | 49,847 | |||
| Semapa-Sociedade de Investimento e Gestao, SGPS, S.A. |
8,944 | 86,686 | |||
| Total Portugal | 304,796 | ||||
| Spain – 2.2% | |||||
| Adolfo Dominguez S.A. |
877 | 11,949 | |||
| Cie Automotive S.A. |
6,005 | 35,258 | |||
| Duro Felguera S.A. |
9,269 | 63,146 | |||
| Grupo Empresarial Ence S.A. |
1,522 | 11,053 | |||
| La Seda de Barcelona S.A. Class B |
13,662 | 12,858 | |||
| Realia Business S.A. |
17,246 | 67,102 | |||
| Renta Corp. Real Estate S.A. |
4,608 | 26,149 | |||
| Tubacex S.A. |
4,987 | 31,102 | |||
| Tubos Reunidos, S.A. |
11,257 | 41,744 | |||
| Uralita S.A. |
26,512 | 199,234 | |||
| Viscofan S.A. |
728 | 11,852 | |||
| Total Spain | 511,447 | ||||
| Sweden – 11.6% | |||||
| AarhusKarlshamn AB |
3,132 | 52,217 | |||
| Acando AB |
3,500 | 5,697 | |||
| AF AB Class B |
805 | 17,548 | |||
| Axfood AB |
6,632 | 177,863 | |||
| Axis Communications AB |
1,787 | 19,542 | |||
| B&B Tools AB Class B |
1,500 | 25,223 | |||
| Investments | Shares | U.S. $ Value | |||
| BE Group AB |
4,200 | $ | 22,889 | ||
| Bilia AB Class A |
6,738 | 31,889 | |||
| Billerud AB |
9,333 | 65,319 | |||
| Bjoern Borg AB |
1,400 | 6,405 | |||
| Brostrom AB Class B |
11,459 | 94,085 | |||
| Bure Equity AB |
400 | 2,128 | |||
| Cardo AB |
4,522 | 103,115 | |||
| Clas Ohlson AB Class B |
5,922 | 71,342 | |||
| Connecta AB |
1,360 | 10,337 | |||
| D. Carnegie & Co. AB |
15,807 | 113,348 | |||
| Elekta AB Class B |
2,689 | 45,024 | |||
| Eniro AB |
59,200 | 202,917 | |||
| Fabege AB |
26,000 | 143,186 | |||
| Gunnebo AB |
1,771 | 8,890 | |||
| Haldex AB |
2,800 | 27,808 | |||
| Hemtex AB |
2,400 | 13,079 | |||
| Hoganas AB Class B |
3,239 | 48,426 | |||
| Husqvarna AB Class A |
7,000 | 50,948 | |||
| Indutrade AB |
2,751 | 45,076 | |||
| Intrum Justitia AB |
6,455 | 67,580 | |||
| JM AB |
11,200 | 88,745 | |||
| KNOW IT AB |
600 | 4,096 | |||
| Kungsleden AB |
45,858 | 286,745 | |||
| Mekonomen AB |
2,551 | 28,537 | |||
| Munters AB |
4,806 | 33,429 | |||
| NCC AB Class B |
12,877 | 124,656 | |||
| New Wave Group AB Class B |
5,100 | 13,458 | |||
| Nibe Industrier AB Class B |
4,926 | 33,769 | |||
| Niscayah Group AB |
13,000 | 18,085 | |||
| Nobia AB |
22,400 | 71,318 | |||
| Nordnet AB Class B |
19,500 | 30,623 | |||
| ORC Software AB |
1,500 | 18,823 | |||
| Peab AB |
16,400 | 85,143 | |||
| Peab Industri AB Class B |
3,800 | 26,595 | |||
| Q-Med AB |
9,284 | 39,811 | |||
| Rederi AB Transatlantic |
2,981 | 15,391 | |||
| Rezidor Hotel Group AB |
10,200 | 29,257 | |||
| rnb Retail and Brands AB |
12,600 | 14,727 | |||
| Skandinaviska Enskilda Banken AB Class C |
2,300 | 32,491 | |||
| SkiStar AB |
5,100 | 52,845 | |||
| Svenska Handelsbanken AB Class B |
500 | 10,792 | |||
| TradeDoubler AB |
1,400 | 11,846 | |||
| Trelleborg AB Class B |
10,600 | 144,419 | |||
| Wihlborgs Fastigheter AB |
4,650 | 62,854 | |||
| Total Sweden | 2,750,336 | ||||
| Switzerland – 0.8% | |||||
| Huber & Suhner AG |
995 | 39,046 | |||
| Kudelski S.A. |
2,916 | 35,603 | |||
| Mobilezone Holding AG |
335 | 2,241 | |||
| Rieter Holding AG |
380 | 114,551 | |||
| Swissquote Group Holding S.A. |
189 | 5,495 | |||
| Tecan Group AG |
57 | 2,821 | |||
| Total Switzerland | 199,757 | ||||
See Notes to Financial Statements.
| 48 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Europe SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| United Kingdom – 37.4% | |||||
| AGA Rangemaster Group PLC |
8,668 | $ | 22,557 | ||
| Anite PLC |
19,253 | 11,153 | |||
| Ashtead Group PLC |
23,348 | 27,779 | |||
| Axon Group PLC |
1,640 | 19,951 | |||
| BBA Aviation PLC |
45,412 | 92,074 | |||
| Beazley Group PLC |
54,216 | 113,549 | |||
| Bellway PLC |
21,582 | 207,731 | |||
| Big Yellow Group PLC |
6,687 | 38,738 | |||
| Bloomsbury Publishing PLC |
9,556 | 25,550 | |||
| BlueBay Asset Management PLC |
5,159 | 22,093 | |||
| Bodycote PLC |
30,604 | 85,916 | |||
| Bovis Homes Group PLC |
24,336 | 163,533 | |||
| Brewin Dolphin Holdings PLC |
25,396 | 56,471 | |||
| Brit Insurance Holdings PLC |
59,823 | 191,936 | |||
| British Polythene Industries |
6,823 | 26,148 | |||
| Britvic PLC |
19,239 | 69,528 | |||
| BSS Group PLC |
6,167 | 25,255 | |||
| Business Post Group PLC |
11,247 | 61,344 | |||
| Carpetright PLC |
11,642 | 124,300 | |||
| Centaur Media PLC |
12,408 | 11,445 | |||
| Chaucer Holdings PLC |
30,110 | 29,518 | |||
| Chemring Group PLC |
1,159 | 42,412 | |||
| Chesnara PLC |
32,145 | 65,891 | |||
| Chloride Group PLC |
8,445 | 29,052 | |||
| Cineworld Group PLC |
18,604 | 37,803 | |||
| Clarkson PLC |
1,468 | 19,926 | |||
| Clinton Cards PLC |
24,696 | 15,517 | |||
| Close Brothers Group PLC |
22,633 | 224,100 | |||
| Collins Stewart PLC |
56,505 | 64,459 | |||
| Communisis PLC |
27,735 | 23,359 | |||
| Computacenter PLC |
17,350 | 30,462 | |||
| Consort Medical PLC |
3,433 | 32,615 | |||
| Cranswick PLC |
4,241 | 49,514 | |||
| Croda International PLC |
8,487 | 91,295 | |||
| Dairy Crest Group PLC |
19,771 | 140,964 | |||
| Davis Service Group PLC |
18,317 | 87,581 | |||
| Debenhams PLC |
266,211 | 231,321 | |||
| Dechra Pharmaceuticals PLC |
4,931 | 35,926 | |||
| Delta PLC |
14,002 | 26,643 | |||
| Detica Group PLC |
2,337 | 18,287 | |||
| Development Securities PLC |
341 | 2,351 | |||
| Devro PLC |
10,995 | 15,286 | |||
| Dimension Data Holdings PLC |
30,090 | 21,990 | |||
| Diploma PLC |
13,902 | 37,789 | |||
| Domino Printing Sciences PLC |
10,659 | 39,328 | |||
| DS Smith PLC |
62,021 | 118,840 | |||
| DTZ Holdings PLC |
8,500 | 19,242 | |||
| Dunelm Group PLC |
10,714 | 26,020 | |||
| E2V Technologies PLC |
5,456 | 23,389 | |||
| Electrocomponents PLC |
109,329 | 318,617 | |||
| Elementis PLC |
37,936 | 44,629 | |||
| Ennstone PLC |
65,579 | 10,532 | |||
| Euromoney Institutional Investor PLC |
14,611 | 84,641 | |||
| Investments | Shares | U.S. $ Value | |||
| Evolution Group PLC |
1,539 | $ | 2,599 | ||
| F&C Asset Management PLC |
50,566 | 66,923 | |||
| Fenner PLC |
14,671 | 46,025 | |||
| Fiberweb PLC |
22,725 | 20,253 | |||
| Fidessa Group PLC |
1,990 | 25,220 | |||
| Filtrona PLC |
17,304 | 49,735 | |||
| Findel PLC |
22,399 | 40,624 | |||
| French Connection Group PLC |
5,100 | 6,432 | |||
| Future PLC |
65,798 | 26,975 | |||
| Galliford Try PLC |
58,160 | 46,650 | |||
| Go-Ahead Group PLC |
3,502 | 103,182 | |||
| Greene King PLC |
14,502 | 118,001 | |||
| Greggs PLC |
1,211 | 67,562 | |||
| Halfords Group PLC |
13,478 | 62,282 | |||
| Halma PLC |
34,461 | 120,700 | |||
| Hargreaves Lansdown PLC |
19,197 | 61,506 | |||
| Headlam Group PLC |
12,197 | 47,123 | |||
| Helphire PLC |
22,009 | 54,137 | |||
| Henderson Group PLC |
82,954 | 161,169 | |||
| Highway Insurance Group PLC |
39,432 | 49,376 | |||
| Hikma Pharmaceuticals PLC |
121 | 863 | |||
| Hill & Smith Holdings PLC |
5,210 | 23,913 | |||
| HMV Group PLC |
65,410 | 147,777 | |||
| Hogg Robinson Group PLC |
29,504 | 17,617 | |||
| Holidaybreak PLC |
8,127 | 46,645 | |||
| Huntsworth PLC |
7,532 | 5,907 | |||
| Innovation Group PLC |
25,290 | 2,335 | |||
| International Personal Finance PLC |
7,705 | 34,060 | |||
| Interserve PLC |
12,439 | 66,737 | |||
| ITE Group PLC |
22,488 | 48,501 | |||
| J D Wetherspoon PLC |
16,467 | 68,683 | |||
| James Fisher & Sons PLC |
3,720 | 33,518 | |||
| Jardine Lloyd Thompson Group PLC |
28,061 | 221,075 | |||
| JKX Oil & Gas PLC |
269 | 1,332 | |||
| John Menzies PLC |
10,185 | 48,563 | |||
| Kcom Group PLC |
73,313 | 27,442 | |||
| Keller Group PLC |
5,148 | 60,883 | |||
| Kier Group PLC |
4,031 | 55,900 | |||
| Laird Group PLC |
9,050 | 39,804 | |||
| Lavendon Group PLC |
2,353 | 10,066 | |||
| Lookers PLC |
18,688 | 15,489 | |||
| Low & Bonar PLC |
10,533 | 17,179 | |||
| Luminar Group Holdings PLC |
7,642 | 25,336 | |||
| Management Consulting Group PLC |
7,597 | 4,536 | |||
| Marshalls PLC |
24,750 | 67,938 | |||
| Marston’s PLC |
39,556 | 110,519 | |||
| McBride PLC |
23,610 | 42,084 | |||
| Melrose PLC |
23,562 | 60,267 | |||
| Micro Focus International PLC |
6,980 | 35,458 | |||
| Misys PLC |
50,566 | 109,510 | |||
| Mitie Group PLC |
24,738 | 91,055 | |||
| MJ Gleeson Group PLC |
6,166 | 13,024 | |||
| Morgan Crucible Co. |
15,534 | 43,402 | |||
| Morgan Sindall PLC |
4,589 | 36,277 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 49 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree Europe SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Morse PLC |
35,314 | $ | 27,381 | ||
| Mothercare PLC |
8,721 | 53,552 | |||
| Mucklow A & J Group PLC |
3,625 | 18,092 | |||
| N. Brown Group PLC |
28,706 | 113,079 | |||
| New Star Asset Management Group PLC |
32,957 | 38,918 | |||
| Northern Foods PLC |
66,859 | 76,271 | |||
| Northgate PLC |
9,965 | 36,146 | |||
| Novae Group PLC |
618 | 3,305 | |||
| Paragon Group Companies PLC |
8,194 | 9,494 | |||
| PayPoint PLC |
2,702 | 25,429 | |||
| Pendragon PLC |
264,727 | 42,137 | |||
| Premier Farnell PLC |
46,695 | 135,667 | |||
| Psion PLC |
17,819 | 21,439 | |||
| PZ Cussons PLC |
31,164 | 98,320 | |||
| Raymarine PLC |
10,049 | 19,524 | |||
| Renishaw PLC |
5,536 | 74,254 | |||
| Restaurant Group PLC |
20,236 | 44,817 | |||
| Ricardo PLC |
7,517 | 43,278 | |||
| Rightmove PLC |
5,857 | 26,465 | |||
| RM PLC |
13,724 | 41,097 | |||
| Robert Walters PLC |
2,947 | 5,686 | |||
| Robert Wiseman Dairies PLC |
4,214 | 24,543 | |||
| ROK PLC |
12,547 | 16,997 | |||
| RPC Group PLC |
12,338 | 26,170 | |||
| RPS Group PLC |
8,678 | 37,703 | |||
| Safestore Holdings PLC |
4,197 | 9,763 | |||
| Savills PLC |
21,157 | 97,766 | |||
| Schroders PLC |
4,144 | 62,748 | |||
| Senior PLC |
31,367 | 47,524 | |||
| Severfield-Rowen PLC |
12,853 | 50,631 | |||
| Shanks Group PLC |
19,622 | 66,453 | |||
| Shore Capital Group PLC |
13,998 | 5,739 | |||
| Smiths News PLC |
26,231 | 33,664 | |||
| Southern Cross Healthcare Ltd. |
7,324 | 13,446 | |||
| Spectris PLC |
5,589 | 66,198 | |||
| Speedy Hire PLC |
2,728 | 19,936 | |||
| Spirax-Sarco Engineering PLC |
5,776 | 93,174 | |||
| Sports Direct International PLC |
22,092 | 21,264 | |||
| SSL International PLC |
8,387 | 67,011 | |||
| St. Ives Group PLC |
26,989 | 47,265 | |||
| Sthree PLC |
14,088 | 44,886 | |||
| TDG PLC |
17,193 | 76,308 | |||
| Telecom Plus PLC |
2,373 | 14,106 | |||
| Topps Tiles PLC |
49,671 | 51,351 | |||
| Trinity Mirror PLC |
80,960 | 121,939 | |||
| TT electronics PLC |
35,421 | 55,560 | |||
| Tullet Prebon PLC |
9,072 | 44,307 | |||
| Ultra Electronics Holdings PLC |
3,654 | 82,065 | |||
| Umeco PLC |
5,109 | 34,605 | |||
| UNITE Group PLC |
3,906 | 15,804 | |||
| UTV Media PLC |
9,109 | 20,417 | |||
| Victrex PLC |
4,378 | 55,795 | |||
| Vitec Group (The) PLC |
5,111 | 31,771 | |||
| WH Smith PLC |
7,935 | 53,322 | |||
| Investments | Shares | U.S. $ Value | |||
| Wilmington Group PLC |
7,359 | $ | 23,217 | ||
| Wincanton PLC |
16,384 | 54,392 | |||
| WSP Group PLC |
3,822 | 22,481 | |||
| Yule Catto & Co., PLC |
30,185 | 68,196 | |||
| Total United Kingdom | 8,899,387 | ||||
| TOTAL COMMON STOCKS (Cost: $40,620,716) |
23,142,935 | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.0% | |||||
| MONEY MARKET FUND – 0.0% | |||||
| UBS Private Money Market Fund LLC, 3.01% (Cost: $2,662)(a) |
2,662 | 2,662 | |||
| TOTAL INVESTMENT IN SECURITIES – 97.2% (Cost: $40,623,378)(b) |
23,145,597 | ||||
| Foreign Currency and Other Assets in |
655,172 | ||||
| NET ASSETS – 100.0% | $ | 23,800,769 | |||
RSP – Risparmio Italian Savings Shares.
| * | Non-income producing security. |
| (a) |
At September 30, 2008, the total market value of the Fund’s securities on loan was $0 and the total market value of the collateral held by the Fund was $2,662. |
| (b) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 50 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Japan Total Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 98.6% | |||||
| Advertising – 0.1% | |||||
| Hakuhodo DY Holdings, Inc. |
700 | $ | 34,286 | ||
| Agriculture – 0.5% | |||||
| Japan Tobacco, Inc. |
37 | 137,315 | |||
| Airlines – 0.2% | |||||
| All Nippon Airways Co., Ltd. |
14,000 | 49,451 | |||
| Apparel – 0.3% | |||||
| Daidoh Ltd. |
200 | 1,952 | |||
| Onward Kashiyama Co., Ltd. |
6,160 | 63,186 | |||
| Sanei-International Co., Ltd. |
900 | 9,766 | |||
| Sanyo Shokai Ltd. |
2,000 | 10,211 | |||
| Total Apparel | 85,115 | ||||
| Auto Manufacturers – 12.6% | |||||
| Daihatsu Motor Co., Ltd. |
7,000 | 75,166 | |||
| Fuji Heavy Industries Ltd. |
14,000 | 68,704 | |||
| Hino Motors Ltd. |
7,000 | 27,825 | |||
| Honda Motor Co., Ltd. |
25,000 | 727,641 | |||
| Isuzu Motors Ltd. |
19,000 | 50,827 | |||
| Mazda Motor Corp. |
7,000 | 27,561 | |||
| Nissan Motor Co., Ltd. |
91,800 | 602,690 | |||
| Nissan Shatai Co., Ltd. |
4,000 | 26,223 | |||
| Suzuki Motor Corp. |
2,800 | 50,585 | |||
| Toyota Motor Corp. |
47,900 | 1,976,188 | |||
| Total Auto Manufacturers | 3,633,410 | ||||
| Auto Parts & Equipment – 2.3% | |||||
| Aisin Seiki Co., Ltd. |
2,100 | 49,946 | |||
| Bridgestone Corp. |
7,700 | 142,156 | |||
| DENSO Corp. |
8,400 | 200,969 | |||
| JTEKT Corp. |
2,800 | 31,306 | |||
| NGK Spark Plug Co., Ltd. |
2,000 | 19,140 | |||
| NHK Spring Co., Ltd. |
7,000 | 37,649 | |||
| NOK Corp. |
2,100 | 23,005 | |||
| Showa Corp. |
800 | 4,762 | |||
| Sumitomo Rubber Industries, Inc. |
4,900 | 42,555 | |||
| Tokai Rika Co., Ltd. |
2,400 | 29,637 | |||
| Toyo Tire & Rubber Co., Ltd. |
2,000 | 5,369 | |||
| Toyoda Gosei Co., Ltd. |
2,600 | 42,858 | |||
| Toyota Boshoku Corp. |
2,800 | 30,119 | |||
| TS Tech Co., Ltd. |
200 | 1,890 | |||
| Total Auto Parts & Equipment | 661,361 | ||||
| Banks – 8.3% | |||||
| Aichi Bank Ltd. (The) |
100 | 6,848 | |||
| Aozora Bank Ltd. |
4,000 | 6,104 | |||
| Bank of Kyoto Ltd. (The) |
7,000 | 69,232 | |||
| Bank of Yokohama Ltd. (The) |
14,000 | 66,199 | |||
| Chiba Bank Ltd. (The) |
7,000 | 35,209 | |||
| Chugoku Bank Ltd. (The) |
7,000 | 96,331 | |||
| Fukushima Bank Ltd. (The) |
9,000 | 6,188 | |||
| Gunma Bank Ltd. (The) |
7,000 | 39,034 | |||
| Hachijuni Bank Ltd. (The) |
7,000 | 36,330 | |||
| Hiroshima Bank Ltd. (The) |
7,000 | 25,253 | |||
| Investments | Shares | U.S. $ Value | |||
| Hokuhoku Financial Group, Inc. |
14,000 | $ | 30,066 | ||
| Iyo Bank Ltd. (The) |
7,000 | 75,034 | |||
| Joyo Bank Ltd. (The) |
7,000 | 31,055 | |||
| Kanto Tsukuba Bank Ltd. (The) |
5,800 | 25,349 | |||
| Michinoku Bank Ltd. (The) |
2,000 | 4,144 | |||
| Mitsubishi UFJ Financial Group, Inc. |
69,920 | 588,129 | |||
| Mitsui Trust Holdings, Inc. |
7,000 | 36,264 | |||
| Mizuho Financial Group, Inc. |
106 | 441,314 | |||
| Mizuho Trust & Banking Co., Ltd. |
21,000 | 27,495 | |||
| Nishi-Nippon City Bank Ltd. (The) |
14,000 | 33,759 | |||
| Resona Holdings, Inc. |
20 | 25,639 | |||
| Shinsei Bank Ltd. |
7,000 | 20,572 | |||
| Shizuoka Bank Ltd. (The) |
7,000 | 67,254 | |||
| Sumitomo Mitsui Financial Group, Inc. |
57 | 338,247 | |||
| Sumitomo Trust & Banking Co., Ltd. (The) |
28,000 | 176,706 | |||
| Suruga Bank Ltd. |
7,000 | 78,858 | |||
| Tokyo Tomin Bank Ltd. (The) |
700 | 11,156 | |||
| Total Banks | 2,397,769 | ||||
| Beverages – 0.8% | |||||
| Asahi Breweries Ltd. |
4,100 | 71,059 | |||
| Coca-Cola West Japan Co., Ltd. |
2,100 | 47,177 | |||
| ITO EN, Ltd. |
1,400 | 17,921 | |||
| Kirin Brewery Co., Ltd. |
7,000 | 90,793 | |||
| Total Beverages | 226,950 | ||||
| Building Materials – 1.3% | |||||
| Asahi Glass Co., Ltd. |
14,000 | 120,794 | |||
| Daikin Industries Ltd. |
1,400 | 45,759 | |||
| JS Group Corp. |
5,600 | 69,627 | |||
| Nippon Sheet Glass Co., Ltd. |
13,000 | 65,511 | |||
| Panasonic Electric Works Co., Ltd. |
7,000 | 60,660 | |||
| Taiheiyo Cement Corp. |
14,000 | 19,912 | |||
| Total Building Materials | 382,263 | ||||
| Chemicals – 3.0% | |||||
| Asahi Kasei Corp. |
14,000 | 57,891 | |||
| Daicel Chemical Industries Ltd. |
7,000 | 30,990 | |||
| Dainippon Ink & Chemicals, Inc. |
14,000 | 25,978 | |||
| Gun-Ei Chemical Industry Co., Ltd. |
44,000 | 85,791 | |||
| Hitachi Chemical Co., Ltd. |
2,100 | 27,594 | |||
| JSR Corp. |
2,100 | 27,139 | |||
| Kaneka Corp. |
7,000 | 37,979 | |||
| Mitsubishi Chemical Holdings Corp. |
8,500 | 44,275 | |||
| Mitsubishi Gas Chemical Co., Inc. |
7,000 | 33,099 | |||
| Mitsui Chemicals, Inc. |
7,000 | 30,198 | |||
| Nippon Chemical Industrial Co., Ltd. |
7,000 | 14,044 | |||
| Nitto Denko Corp. |
1,400 | 34,748 | |||
| Sakata INX Corp. |
4,000 | 10,813 | |||
| Shin-Etsu Chemical Co., Ltd. |
2,100 | 96,727 | |||
| Showa Denko K.K. |
14,000 | 28,616 | |||
| Sumitomo Chemical Co., Ltd. |
14,000 | 60,001 | |||
| Taiyo Nippon Sanso Corp. |
7,000 | 54,528 | |||
| Tokuyama Corp. |
7,000 | 39,429 | |||
| Tosoh Corp. |
14,000 | 40,352 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 51 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Japan Total Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Ube Industries Ltd. |
21,000 | $ | 55,188 | ||
| Zeon Corp. |
7,000 | 23,737 | |||
| Total Chemicals | 859,117 | ||||
| Commercial Services – 1.3% | |||||
| Dai Nippon Printing Co., Ltd. |
9,000 | 120,295 | |||
| Kamigumi Co., Ltd. |
6,000 | 44,308 | |||
| Kanamoto Co., Ltd. |
4,000 | 16,088 | |||
| Kyodo Printing Co., Ltd. |
1,000 | 2,543 | |||
| Nomura Co., Ltd. |
1,000 | 2,571 | |||
| Park24 Co., Ltd. |
4,100 | 22,592 | |||
| Secom Co., Ltd. |
2,100 | 86,046 | |||
| Sohgo Security Services Co., Ltd. |
2,800 | 29,328 | |||
| Toppan Printing Co., Ltd. |
7,000 | 53,935 | |||
| Tosho Printing Co., Ltd. |
2,000 | 5,199 | |||
| Total Commercial Services | 382,905 | ||||
| Computers – 0.8% | |||||
| CSK Holdings Corp. |
1,400 | 20,176 | |||
| Fujitsu Ltd. |
14,000 | 76,881 | |||
| Itochu Techno-Solutions Corp. |
900 | 22,380 | |||
| Otsuka Corp. |
700 | 45,166 | |||
| TDK Corp. |
1,400 | 67,781 | |||
| Total Computers | 232,384 | ||||
| Cosmetics/Personal Care – 1.4% | |||||
| Kao Corp. |
7,000 | 186,266 | |||
| KOSE Corp. |
1,400 | 38,440 | |||
| Shiseido Co., Ltd. |
6,000 | 132,530 | |||
| UniCharm Corp. |
600 | 45,778 | |||
| Total Cosmetics/Personal Care | 403,014 | ||||
| Distribution/Wholesale – 3.7% | |||||
| Canon Marketing Japan, Inc. |
2,800 | 41,987 | |||
| Hitachi High-Technologies Corp. |
2,100 | 40,946 | |||
| ITOCHU Corp. |
21,000 | 123,035 | |||
| Marubeni Corp. |
14,000 | 61,715 | |||
| Matsuda Sangyo Co., Ltd. |
110 | 1,776 | |||
| Mitsubishi Corp. |
17,500 | 355,226 | |||
| Mitsui & Co., Ltd. |
21,000 | 252,795 | |||
| Satori Electric Co., Ltd. |
1,200 | 5,697 | |||
| Sojitz Corp. |
15,000 | 33,627 | |||
| Sumitomo Corp. |
14,100 | 127,632 | |||
| Toyota Tsusho Corp. |
2,800 | 35,684 | |||
| Total Distribution/Wholesale | 1,080,120 | ||||
| Diversified Financial Services – 1.9% | |||||
| Century Leasing System, Inc. |
600 | 5,058 | |||
| Daiwa Securities Group, Inc. |
17,000 | 118,175 | |||
| Kyokuto Securities Co., Ltd. |
6,800 | 47,398 | |||
| Nomura Holdings, Inc. |
21,800 | 272,282 | |||
| Okasan Holdings, Inc. |
2,000 | 9,419 | |||
| Shinko Securities Co., Ltd. |
14,000 | 37,979 | |||
| Tokai Tokyo Securities Co., Ltd. |
1,000 | 3,306 | |||
| Tokyo Leasing Co., Ltd. |
1,200 | 9,020 | |||
| Toyo Securities Co., Ltd. |
14,000 | 32,044 | |||
| Total Diversified Financial Services | 534,681 | ||||
| Investments | Shares | U.S. $ Value | |||
| Electric – 5.4% | |||||
| Chubu Electric Power Co., Inc. |
7,900 | $ | 184,915 | ||
| Chugoku Electric Power Co., Inc. (The) |
5,400 | 110,630 | |||
| Electric Power Development Co. |
1,600 | 51,090 | |||
| Hokkaido Electric Power Co., Inc. |
3,800 | 78,745 | |||
| Hokuriku Electric Power Co. |
2,700 | 64,725 | |||
| Kansai Electric Power Co., Inc. (The) |
14,400 | 318,749 | |||
| Kyushu Electric Power Co., Inc. |
8,600 | 178,213 | |||
| Shikoku Electric Power Co., Inc. |
2,200 | 55,122 | |||
| Tohoku Electric Power Co., Inc. |
8,200 | 175,717 | |||
| Tokyo Electric Power Co., Inc. (The) |
14,100 | 343,984 | |||
| Total Electric | 1,561,890 | ||||
| Electrical Components & Equipment – 2.9% | |||||
| Brother Industries Ltd. |
5,400 | 56,002 | |||
| Casio Computer Co., Ltd. |
3,500 | 32,374 | |||
| Fujikura Ltd. |
7,000 | 26,440 | |||
| Hitachi Cable Ltd. |
11,000 | 36,886 | |||
| Hitachi Ltd. |
29,000 | 196,128 | |||
| Mitsubishi Electric Corp. |
14,000 | 91,122 | |||
| Sharp Corp. |
14,000 | 148,486 | |||
| Stanley Electric Co., Ltd. |
2,800 | 40,141 | |||
| Sumitomo Electric Industries Ltd. |
4,900 | 52,293 | |||
| Toshiba Corp. |
24,000 | 101,955 | |||
| USHIO, INC. |
2,800 | 45,337 | |||
| Total Electrical Components & Equipment | 827,164 | ||||
| Electronics – 2.8% | |||||
| Advantest Corp. |
1,400 | 28,748 | |||
| Chiyoda Integre Co., Ltd. |
500 | 6,254 | |||
| Fanuc Ltd. |
1,400 | 102,068 | |||
| Hirose Electric Co., Ltd. |
700 | 65,539 | |||
| Hoya Corp. |
5,600 | 108,662 | |||
| IBIDEN Co., Ltd. |
1,100 | 25,799 | |||
| Keyence Corp. |
200 | 39,184 | |||
| Koa Corp. |
2,200 | 11,853 | |||
| Kyocera Corp. |
2,100 | 155,872 | |||
| Mabuchi Motor Co., Ltd. |
900 | 40,352 | |||
| MINEBEA Co., Ltd. |
7,000 | 25,715 | |||
| Mitsumi Electric Co., Ltd. |
400 | 9,796 | |||
| NEC Corp. |
21,000 | 87,034 | |||
| NGK Insulators Ltd. |
2,000 | 23,737 | |||
| Nihon Dempa Kogyo Co., Ltd. |
100 | 1,680 | |||
| Nippon Electric Glass Co., Ltd. |
5,000 | 43,611 | |||
| Sato Corp. |
100 | 1,308 | |||
| Shinko Shoji Co., Ltd. |
600 | 4,097 | |||
| Star Micronics Co., Ltd. |
500 | 5,035 | |||
| Tokyo Seimitsu Co., Ltd. |
400 | 4,751 | |||
| Yokogawa Electric Corp. |
4,200 | 26,071 | |||
| Total Electronics | 817,166 | ||||
| Engineering & Construction – 0.9% | |||||
| Chiyoda Corp. |
2,000 | 14,242 | |||
| JGC Corp. |
4,000 | 62,318 | |||
| Kajima Corp. |
14,000 | 41,275 | |||
| Obayashi Corp. |
7,000 | 34,484 | |||
See Notes to Financial Statements.
| 52 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Japan Total Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Shimizu Corp. |
12,000 | $ | 55,725 | ||
| Taihei Kogyo Co., Ltd. |
5,000 | 12,622 | |||
| Taisei Corp. |
14,000 | 35,869 | |||
| Tokyo Energy & Systems, Inc. |
1,000 | 5,030 | |||
| Total Engineering & Construction | 261,565 | ||||
| Entertainment – 0.5% | |||||
| Aeon Fantasy Co., Ltd. |
500 | 3,796 | |||
| Oriental Land Co., Ltd. |
1,200 | 80,818 | |||
| Toho Co., Ltd. |
2,800 | 57,627 | |||
| Total Entertainment | 142,241 | ||||
| Environmental Control – 0.2% | |||||
| Kurita Water Industries Ltd. |
2,800 | 63,430 | |||
| Food – 2.1% | |||||
| Ajinomoto Co., Inc. |
7,000 | 65,869 | |||
| Kikkoman Corp. |
5,000 | 66,971 | |||
| Meiji Dairies Corp. |
7,000 | 36,858 | |||
| Meiji Seika Kaisha Ltd. |
13,000 | 58,532 | |||
| Nippon Meat Packers, Inc. |
5,000 | 74,600 | |||
| Nisshin Seifun Group, Inc. |
4,500 | 59,554 | |||
| Nissin Food Products Co., Ltd. |
1,400 | 49,583 | |||
| Starzen Co., Ltd. |
27,000 | 59,257 | |||
| Toyo Suisan Kaisha Ltd. |
2,000 | 50,111 | |||
| Yakult Honsha Co., Ltd. |
1,600 | 49,282 | |||
| Yamazaki Baking Co., Ltd. |
4,000 | 47,812 | |||
| Total Food | 618,429 | ||||
| Forest Products & Paper – 0.7% | |||||
| Chuetsu Pulp & Paper Co., Ltd. |
50,000 | 82,890 | |||
| Daio Paper Corp. |
1,000 | 8,336 | |||
| OJI Paper Co., Ltd. |
21,000 | 104,243 | |||
| Total Forest Products & Paper | 195,469 | ||||
| Gas – 1.1% | |||||
| Osaka Gas Co., Ltd. |
30,000 | 102,294 | |||
| Saibu Gas Co., Ltd. |
18,000 | 39,844 | |||
| TOHO Gas Co., Ltd. |
8,000 | 43,856 | |||
| Tokyo Gas Co., Ltd. |
34,000 | 139,951 | |||
| Total Gas | 325,945 | ||||
| Hand/Machine Tools – 0.6% | |||||
| Fuji Electric Holdings Co., Ltd. |
14,000 | 32,968 | |||
| Hitachi Koki Co., Ltd. |
100 | 993 | |||
| Makita Corp. |
2,100 | 41,539 | |||
| SMC Corp. |
600 | 61,319 | |||
| THK Co., Ltd. |
2,100 | 31,906 | |||
| Total Hand/Machine Tools | 168,725 | ||||
| Healthcare-Products – 0.5% | |||||
| Shimadzu Corp. |
7,000 | 55,649 | |||
| Terumo Corp. |
1,400 | 71,870 | |||
| TOPCON Corp. |
800 | 5,139 | |||
| Total Healthcare-Products | 132,658 | ||||
| Home Builders – 0.7% | |||||
| Daiwa House Industry Co., Ltd. |
7,000 | 65,144 | |||
| Investments | Shares | U.S. $ Value | |||
| Haseko Corp. |
14,500 | $ | 9,970 | ||
| Sekisui Chemical Co., Ltd. |
7,000 | 40,946 | |||
| Sekisui House, Ltd. |
9,000 | 80,874 | |||
| Token Corp. |
330 | 10,475 | |||
| Total Home Builders | 207,409 | ||||
| Home Furnishings – 1.9% | |||||
| Alpine Electronics, Inc. |
200 | 1,878 | |||
| Juki Corp. |
4,000 | 6,594 | |||
| Matsushita Electric Industrial Co., Ltd. |
20,000 | 338,153 | |||
| Sony Corp. |
4,900 | 146,310 | |||
| Yamaha Corp. |
2,800 | 47,130 | |||
| Total Home Furnishings | 540,065 | ||||
| Housewares – 0.2% | |||||
| TOTO Ltd. |
7,000 | 50,704 | |||
| Insurance – 1.9% | |||||
| Aioi Insurance Co., Ltd. |
8,000 | 38,355 | |||
| Fuji Fire & Marine Insurance Co., Ltd. (The) |
22,000 | 49,319 | |||
| Millea Holdings, Inc. |
3,700 | 130,344 | |||
| Mitsui Sumitomo Insurance Group Holdings, Inc. |
3,845 | 126,398 | |||
| Nipponkoa Insurance Co., Ltd. |
5,000 | 27,128 | |||
| Nissay Dowa General Insurance Co., Ltd. |
8,000 | 43,103 | |||
| Sompo Japan Insurance, Inc. |
7,000 | 57,166 | |||
| T&D Holdings, Inc. |
1,350 | 69,430 | |||
| Total Insurance | 541,243 | ||||
| Internet – 0.5% | |||||
| Matsui Securities Co., Ltd. |
900 | 6,358 | |||
| Trend Micro, Inc. |
3,500 | 130,221 | |||
| Yahoo Japan Corp. |
27 | 8,571 | |||
| Total Internet | 145,150 | ||||
| Iron/Steel – 3.5% | |||||
| Daido Steel Co., Ltd. |
7,000 | 36,132 | |||
| Godo Steel Ltd. |
15,000 | 46,343 | |||
| Hitachi Metals Ltd. |
5,000 | 58,353 | |||
| JFE Holdings, Inc. |
8,400 | 251,608 | |||
| Kobe Steel Ltd. |
28,000 | 54,594 | |||
| Nippon Steel Corp. |
78,000 | 284,332 | |||
| Nisshin Steel Co., Ltd. |
21,000 | 39,561 | |||
| Sumitomo Metal Industries Ltd. |
68,000 | 203,042 | |||
| Tokyo Steel Manufacturing Co., Ltd. |
2,800 | 30,040 | |||
| Total Iron/Steel | 1,004,005 | ||||
| Leisure Time – 0.7% | |||||
| Daikoku Denki Co., Ltd. |
3,600 | 39,945 | |||
| Daiwa Seiko, Inc. |
5,000 | 6,264 | |||
| Heiwa Corp. |
1,800 | 13,903 | |||
| Mars Engineering Corp. |
800 | 16,955 | |||
| Sankyo Co., Ltd. |
1,200 | 60,246 | |||
| Sega Sammy Holdings, Inc. |
5,100 | 45,348 | |||
| Yamaha Motor Co., Ltd. |
2,100 | 28,029 | |||
| Total Leisure Time | 210,690 | ||||
| Machinery-Construction & Mining – 0.6% | |||||
| Aichi Corp. |
1,600 | 6,134 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 53 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Japan Total Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Hitachi Construction Machinery Co., Ltd. |
2,800 | $ | 66,594 | ||
| Kato Works Co., Ltd. |
1,000 | 2,279 | |||
| Komatsu Ltd. |
7,000 | 110,442 | |||
| Total Machinery-Construction & Mining | 185,449 | ||||
| Machinery-Diversified – 0.8% | |||||
| Amada Co., Ltd. |
7,000 | 37,385 | |||
| Anest Iwata Corp. |
1,000 | 3,438 | |||
| CKD Corp. |
1,500 | 6,386 | |||
| Furukawa Co., Ltd. |
5,000 | 6,876 | |||
| IHI Corp. |
6,000 | 9,156 | |||
| Japan Steel Works Ltd. (The) |
4,000 | 48,340 | |||
| Kubota Corp. |
14,000 | 85,452 | |||
| Makino Milling Machine Co., Ltd. |
2,000 | 7,743 | |||
| Sumitomo Heavy Industries Ltd. |
7,000 | 32,242 | |||
| Total Machinery-Diversified | 237,018 | ||||
| Media – 0.2% | |||||
| Nippon Television Network Corp. |
420 | 39,363 | |||
| Tokyo Broadcasting System, Inc. |
1,200 | 20,289 | |||
| Total Media | 59,652 | ||||
| Metal Fabricate/Hardware – 0.4% | |||||
| Kitz Corp. |
2,000 | 9,137 | |||
| Mitsui High-Tec, Inc. |
400 | 2,449 | |||
| Nippon Steel Trading Co., Ltd. |
5,000 | 10,550 | |||
| NSK Ltd. |
7,000 | 39,231 | |||
| NTN Corp. |
7,000 | 35,737 | |||
| Ryobi Ltd. |
4,000 | 10,587 | |||
| Tocalo Co., Ltd. |
200 | 2,272 | |||
| Toho Zinc Co., Ltd. |
1,000 | 2,647 | |||
| Yamazen Corp. |
2,300 | 6,759 | |||
| Total Metal Fabricate/Hardware | 119,369 | ||||
| Mining – 0.7% | |||||
| Dowa Holdings Co., Ltd. |
7,000 | 30,660 | |||
| Mitsubishi Materials Corp. |
14,000 | 42,990 | |||
| Mitsui Mining & Smelting Co., Ltd. |
12,000 | 27,467 | |||
| Pacific Metals Co., Ltd. |
4,000 | 28,258 | |||
| Sumitomo Metal Mining Co., Ltd. |
7,000 | 68,638 | |||
| Total Mining | 198,013 | ||||
| Miscellaneous Manufacturing – 1.3% | |||||
| Bando Chemical Industries Ltd. |
2,000 | 5,388 | |||
| Fuji Photo Film Co., Ltd. |
3,500 | 88,683 | |||
| Kawasaki Heavy Industries Ltd. |
21,000 | 43,122 | |||
| Mitsubishi Heavy Industries Ltd. |
28,000 | 117,627 | |||
| Nikon Corp. |
2,000 | 46,249 | |||
| Olympus Corp. |
2,000 | 57,081 | |||
| Tamron Co., Ltd. |
400 | 5,757 | |||
| Total Miscellaneous Manufacturing | 363,907 | ||||
| Office Furnishings – 0.1% | |||||
| Kokuyo Co., Ltd. |
3,500 | 27,033 | |||
| Office/Business Equipment – 2.0% | |||||
| Canon Inc. |
12,200 | 438,977 | |||
| Ricoh Co., Ltd. |
7,000 | 95,408 | |||
| Investments | Shares | U.S. $ Value | |||
| Seiko Epson Corp. |
2,100 | $ | 47,770 | ||
| Total Office/Business Equipment | 582,155 | ||||
| Oil & Gas – 1.4% | |||||
| Cosmo Oil Co., Ltd. |
14,000 | 32,704 | |||
| Nippon Mining Holdings, Inc. |
8,500 | 33,547 | |||
| Nippon Oil Corp. |
21,000 | 103,848 | |||
| Showa Shell Sekiyu K.K. |
8,400 | 80,230 | |||
| TonenGeneral Sekiyu K.K. |
19,000 | 154,448 | |||
| Total Oil & Gas | 404,777 | ||||
| Packaging & Containers – 0.2% | |||||
| Nihon Yamamura Glass Co., Ltd. |
13,000 | 22,041 | |||
| Toyo Seikan Kaisha Ltd. |
2,800 | 42,146 | |||
| Total Packaging & Containers | 64,187 | ||||
| Pharmaceuticals – 7.1% | |||||
| Astellas Pharma, Inc. |
6,300 | 259,323 | |||
| Chugai Pharmaceutical Co., Ltd. |
5,600 | 89,777 | |||
| Daiichi Sankyo Co., Ltd. |
8,500 | 215,773 | |||
| Dainippon Sumitomo Pharma Co., Ltd. |
7,000 | 56,638 | |||
| Eisai Co., Ltd. |
4,900 | 188,772 | |||
| Fuso Pharmaceutical Industries, Ltd. |
2,000 | 5,840 | |||
| Hisamitsu Pharmaceutical Co., Inc. |
1,900 | 82,504 | |||
| Kaken Pharmaceutical Co., Ltd. |
2,000 | 15,561 | |||
| Kyorin Co., Ltd. |
2,000 | 23,228 | |||
| Kyowa Hakko Kogyo Co., Ltd. |
12,000 | 123,657 | |||
| Mediceo Paltac Holdings Co., Ltd. |
2,800 | 33,838 | |||
| Mochida Pharmaceutical Co., Ltd. |
1,000 | 10,201 | |||
| Nippon Shinyaku Co., Ltd. |
1,000 | 9,419 | |||
| Sawai Pharmaceutical Co., Ltd. |
200 | 7,837 | |||
| Seikagaku Corp. |
2,000 | 19,234 | |||
| Shionogi & Co., Ltd. |
2,000 | 40,032 | |||
| SSP Co., Ltd. |
2,000 | 9,702 | |||
| Suzuken Co., Ltd. |
1,500 | 45,354 | |||
| Taisho Pharmaceutical Co., Ltd. |
5,000 | 97,725 | |||
| Takeda Pharmaceutical Co., Ltd. |
12,600 | 623,086 | |||
| Tanabe Seiyaku Co., Ltd. |
5,000 | 68,620 | |||
| Towa Pharmaceutical Co., Ltd. |
400 | 14,280 | |||
| Tsumura & Co. |
200 | 5,049 | |||
| ZERIA Pharmaceutical Co., Ltd. |
1,000 | 9,692 | |||
| Total Pharmaceuticals | 2,055,142 | ||||
| Real Estate – 1.2% | |||||
| Arnest One Corp. |
6,700 | 20,574 | |||
| Daikyo, Inc. |
14,000 | 20,835 | |||
| Daito Trust Construction Co., Ltd. |
1,400 | 51,035 | |||
| Iida Home Max |
7,100 | 23,875 | |||
| Leopalace21 Corp. |
2,600 | 19,690 | |||
| Mitsubishi Estate Co., Ltd. |
2,000 | 37,866 | |||
| Mitsui Fudosan Co., Ltd. |
2,000 | 36,943 | |||
| Nomura Real Estate Holdings, Inc. |
600 | 13,818 | |||
| Sankei Building Co., Ltd. |
2,000 | 8,741 | |||
| Sumitomo Real Estate Sales Co., Ltd. |
390 | 10,561 | |||
| Sumitomo Realty & Development Co., Ltd. |
2,000 | 41,728 | |||
| Tokyo Tatemono Co., Ltd. |
7,000 | 32,110 | |||
See Notes to Financial Statements.
| 54 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree Japan Total Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Tokyu Community Corp. |
100 | $ | 1,618 | ||
| Tokyu Land Corp. |
7,000 | 24,989 | |||
| Tokyu Livable, Inc. |
2,300 | 11,395 | |||
| Total Real Estate | 355,778 | ||||
| Retail – 3.7% | |||||
| AEON Co., Ltd. |
4,200 | 41,658 | |||
| Belluna Co., Ltd. |
1,650 | 7,305 | |||
| Citizen Watch Co., Ltd. |
5,600 | 38,137 | |||
| FamilyMart Co., Ltd. |
2,100 | 88,419 | |||
| Fast Retailing Co., Ltd. |
900 | 89,436 | |||
| Isetan Mitsukoshi Holdings Ltd. |
4,615 | 53,120 | |||
| Izumi Co., Ltd. |
3,000 | 41,539 | |||
| J Front Retailing Co., Ltd. |
8,600 | 48,523 | |||
| Kojima Co., Ltd. |
300 | 1,173 | |||
| Konaka Co., Ltd. |
700 | 2,895 | |||
| Lawson, Inc. |
2,100 | 96,529 | |||
| Marui Co., Ltd. |
4,200 | 30,858 | |||
| Nitori Co., Ltd. |
950 | 55,838 | |||
| Point, Inc. |
50 | 1,879 | |||
| Right On Co., Ltd. |
400 | 5,022 | |||
| Seiko Holdings Corp. |
2,000 | 6,480 | |||
| Seven & I Holdings Co., Ltd. |
8,600 | 242,612 | |||
| Shimamura Co., Ltd. |
700 | 46,023 | |||
| Takashimaya Co., Ltd. |
7,000 | 59,869 | |||
| UNY Co., Ltd. |
7,000 | 69,627 | |||
| Yamada Denki Co., Ltd. |
700 | 52,155 | |||
| Total Retail | 1,079,097 | ||||
| Semiconductors – 0.4% | |||||
| Sanken Electric Co., Ltd. |
1,000 | 4,097 | |||
| Shinko Electric Industries Co., Ltd. |
2,200 | 20,018 | |||
| SUMCO Corp. |
2,600 | 39,405 | |||
| Tokyo Electron Ltd. |
1,400 | 61,452 | |||
| Total Semiconductors | 124,972 | ||||
| Shipbuilding – 0.1% | |||||
| Mitsui Engineering & Shipbuilding Co., Ltd. |
21,000 | 38,374 | |||
| Sasebo Heavy Industries Co., Ltd. |
2,000 | 3,768 | |||
| Total Shipbuilding | 42,142 | ||||
| Software – 1.3% | |||||
| Konami Corp. |
1,900 | 46,621 | |||
| Nomura Research Institute Ltd. |
5,000 | 100,080 | |||
| Oracle Corp. Japan |
3,500 | 157,255 | |||
| Square Enix Co., Ltd. |
2,000 | 57,646 | |||
| Total Software | 361,602 | ||||
| Storage/Warehousing – 0.3% | |||||
| Mitsubishi Logistics Corp. |
7,000 | 86,968 | |||
| Telecommunications – 8.0% | |||||
| Hikari Tsushin, Inc. |
1,300 | 27,123 | |||
| KDDI Corp. |
27 | 149,795 | |||
| Nippon Telegraph & Telephone Corp. |
183 | 808,430 | |||
| NTT DoCoMo, Inc. |
817 | 1,292,086 | |||
| Investments | Shares | U.S. $ Value | |||
| SOFTBANK CORP. |
2,036 | $ | 25,756 | ||
| Total Telecommunications | 2,303,190 | ||||
| Textiles – 0.5% | |||||
| Kuraray Co., Ltd. |
3,500 | 33,990 | |||
| Mitsubishi Rayon Co., Ltd. |
7,000 | 16,945 | |||
| Nitto Boseki Co., Ltd. |
6,000 | 12,603 | |||
| Seiren Co., Ltd. |
900 | 4,349 | |||
| Teijin Ltd. |
7,000 | 20,572 | |||
| Toray Industries, Inc. |
14,000 | 64,220 | |||
| Total Textiles | 152,679 | ||||
| Toys/Games/Hobbies – 0.0% | |||||
| Namco Bandai Holdings, Inc. |
400 | 4,314 | |||
| Transportation – 2.7% | |||||
| Hankyu Holdings, Inc. |
14,000 | 63,957 | |||
| Kawasaki Kisen Kaisha Ltd. |
1,000 | 5,953 | |||
| Keihin Electric Express Railway Co., Ltd. |
6,000 | 38,996 | |||
| Keio Corp. |
6,000 | 31,875 | |||
| Keisei Electric Railway Co., Ltd. |
8,000 | 43,404 | |||
| Kintetsu Corp. |
14,000 | 48,528 | |||
| Mitsui O.S.K. Lines Ltd. |
6,000 | 49,960 | |||
| Nagoya Railroad Co., Ltd. |
13,000 | 36,858 | |||
| Nippon Express Co., Ltd. |
14,000 | 61,188 | |||
| Nippon Yusen K.K. |
23,000 | 144,717 | |||
| Odakyu Electric Railway Co., Ltd. |
6,000 | 44,082 | |||
| Seino Holdings Corp. |
6,000 | 27,919 | |||
| Tobu Railway Co., Ltd. |
14,000 | 67,386 | |||
| Tokyu Corp. |
7,000 | 32,836 | |||
| Yamato Holdings Co., Ltd. |
7,000 | 77,540 | |||
| Total Transportation | 775,199 | ||||
| TOTAL COMMON STOCKS (Cost: $37,903,943) |
28,496,732 | ||||
| SHORT-TERM INVESTMENT – 0.4% | |||||
| MONEY MARKET FUND – 0.4% | |||||
| Columbia Cash Reserves Fund, 2.08%(a) (Cost: $104,220) |
104,220 | 104,220 | |||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.0% | |||||
| MONEY MARKET FUND(b) – 0.0% | |||||
| UBS Private Money Market Fund LLC, 3.01% (Cost: $5)(c) |
5 | 5 | |||
| TOTAL INVESTMENTS IN SECURITIES – 99.0% (Cost: $38,008,168)(d) |
28,600,957 | ||||
| Foreign Currency and Other Assets in |
302,951 | ||||
| NET ASSETS – 100.0% | $ | 28,903,908 | |||
| (a) |
Rate shown represents annualized 7-day yield as of September 30, 2008. |
| (b) |
Interest rate shown reflects yield as of September 30, 2008. |
| (c) |
At September 30, 2008, the total market value of the Fund’s securities on loan was $0 and the total market value of the collateral held by the Fund was $5. |
| (d) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 55 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Japan High-Yielding Equity Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 98.1% | |||||
| Advertising – 0.3% | |||||
| Asatsu-DK, Inc. |
1,800 | $ | 50,779 | ||
| Moshi Moshi Hotline, Inc. |
1,500 | 38,784 | |||
| Total Advertising | 89,563 | ||||
| Agriculture – 0.2% | |||||
| Hokuto Corp. |
1,900 | 42,147 | |||
| Nosan Corp. |
4,000 | 8,402 | |||
| Total Agriculture | 50,549 | ||||
| Apparel – 0.7% | |||||
| Daidoh Ltd. |
4,000 | 39,034 | |||
| Japan Wool Textile Co., Ltd. (The) |
4,000 | 30,933 | |||
| Onward Holdings Co., Ltd. |
7,000 | 71,802 | |||
| Sanei-International Co., Ltd. |
700 | 7,596 | |||
| Sanyo Shokai Ltd. |
7,000 | 35,737 | |||
| Total Apparel | 185,102 | ||||
| Auto Manufacturers – 23.3% | |||||
| Honda Motor Co., Ltd. |
60,600 | 1,763,801 | |||
| Kanto Auto Works Ltd. |
3,000 | 35,916 | |||
| Nissan Motor Co., Ltd. |
250,700 | 1,645,909 | |||
| Shinmaywa Industries Ltd. |
7,000 | 20,572 | |||
| Toyota Motor Corp. |
66,400 | 2,739,434 | |||
| Total Auto Manufacturers | 6,205,632 | ||||
| Auto Parts & Equipment – 1.1% | |||||
| Nifco, Inc. |
2,100 | 36,139 | |||
| Nissin Kogyo Co., Ltd. |
2,700 | 34,613 | |||
| Pacific Industrial Co., Ltd. |
2,000 | 7,159 | |||
| Riken Corp. |
6,000 | 18,311 | |||
| Sanoh Industrial Co., Ltd. |
1,000 | 4,615 | |||
| Showa Corp. |
4,800 | 28,574 | |||
| Sumitomo Rubber Industries, Inc. |
8,700 | 75,556 | |||
| Toyo Tire & Rubber Co., Ltd. |
9,000 | 24,161 | |||
| Yokohama Rubber Co., Ltd. (The) |
13,000 | 68,695 | |||
| Total Auto Parts & Equipment | 297,823 | ||||
| Banks – 0.4% | |||||
| Fukushima Bank Ltd. (The) |
8,000 | 5,501 | |||
| Hokuetsu Bank Ltd. (The) |
13,000 | 26,449 | |||
| Kiyo Holdings, Inc. |
29,000 | 41,247 | |||
| Tokyo Tomin Bank Ltd. (The) |
1,700 | 27,094 | |||
| Total Banks | 100,291 | ||||
| Beverages – 0.2% | |||||
| Ito En, Ltd. |
3,400 | 43,523 | |||
| Building Materials – 1.7% | |||||
| Asahi Organic Chemicals Industry Co., Ltd. |
4,000 | 10,550 | |||
| Bunka Shutter Co., Ltd. |
3,000 | 9,269 | |||
| Central Glass Co., Ltd. |
11,000 | 35,850 | |||
| Cleanup Corp. |
1,700 | 6,517 | |||
| Daiken Corp. |
6,000 | 10,568 | |||
| JS Group Corp. |
9,500 | 118,118 | |||
| Okabe Co., Ltd. |
1,900 | 7,141 | |||
| Panasonic Electric Works Co., Ltd. |
22,000 | 190,646 | |||
| Investments | Shares | U.S. $ Value | |||
| Sanwa Holdings Corp. |
13,000 | $ | 48,246 | ||
| Takiron Co., Ltd. |
3,000 | 8,336 | |||
| Total Building Materials | 445,241 | ||||
| Chemicals – 3.7% | |||||
| ADEKA Corp. |
4,500 | 27,933 | |||
| Aica Kogyo Co., Ltd. |
4,100 | 31,513 | |||
| Asahi Kasei Corp. |
44,000 | 181,943 | |||
| Dainichiseika Color & Chemicals Manufacturing Co., Ltd. |
3,000 | 8,901 | |||
| Denki Kagaku Kogyo K.K. |
17,000 | 43,555 | |||
| Fujimi, Inc. |
1,800 | 21,227 | |||
| Koatsu Gas Kogyo Co., Ltd. |
2,000 | 10,079 | |||
| Mitsubishi Chemical Holdings Corp. |
47,500 | 247,422 | |||
| Mitsui Chemicals, Inc. |
25,000 | 107,851 | |||
| Nippon Chemical Industrial Co., Ltd. |
2,000 | 4,013 | |||
| Nippon Kayaku Co., Ltd. |
9,000 | 53,153 | |||
| NOF Corp. |
9,000 | 29,586 | |||
| Sakata INX Corp. |
2,000 | 5,407 | |||
| Sanyo Chemical Industries Ltd. |
6,000 | 28,767 | |||
| Sumitomo Bakelite Co., Ltd. |
10,000 | 41,822 | |||
| Sumitomo Seika Chemicals Co., Ltd. |
2,000 | 5,934 | |||
| T. Hasegawa Co., Ltd. |
2,200 | 35,145 | |||
| Taiyo Ink Manufacturing Co., Ltd. |
1,900 | 33,055 | |||
| Toyo Ink Manufacturing Co., Ltd. |
15,000 | 43,517 | |||
| Zeon Corp. |
11,000 | 37,300 | |||
| Total Chemicals | 998,123 | ||||
| Commercial Services – 1.5% | |||||
| Dai Nippon Printing Co., Ltd. |
21,000 | 280,685 | |||
| Kyodo Printing Co., Ltd. |
3,000 | 7,630 | |||
| Meitec Corp. |
1,800 | 47,728 | |||
| Nissin Corp. |
3,000 | 7,093 | |||
| Nomura Co., Ltd. |
3,000 | 7,714 | |||
| Park24 Co., Ltd. |
10,000 | 55,103 | |||
| Total Commercial Services | 405,953 | ||||
| Computers – 0.2% | |||||
| Hitachi Systems & Services Ltd. |
1,500 | 19,710 | |||
| Information Services International-Dentsu Ltd. |
1,000 | 6,367 | |||
| NEC Fielding Ltd. |
3,200 | 30,142 | |||
| Total Computers | 56,219 | ||||
| Cosmetics/Personal Care – 0.2% | |||||
| Mandom Corp. |
1,400 | 36,924 | |||
| Milbon Co., Ltd. |
400 | 8,741 | |||
| Total Cosmetics/Personal Care | 45,665 | ||||
| Distribution/Wholesale – 2.7% | |||||
| Ai Holdings Corp. |
4,800 | 15,327 | |||
| Doshisha Co., Ltd. |
600 | 7,935 | |||
| Hakuto Co., Ltd. |
1,000 | 7,724 | |||
| Inaba Denki Sangyo Co., Ltd. |
1,400 | 31,187 | |||
| Itochu Enex Co., Ltd. |
4,600 | 29,334 | |||
| Japan Pulp & Paper Co., Ltd. |
9,000 | 29,247 | |||
| Ryoden Trading Co., Ltd. |
2,000 | 10,474 | |||
| Ryoyo Electro Corp. |
2,700 | 22,685 | |||
See Notes to Financial Statements.
| 56 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Japan High-Yielding Equity Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| San-Ai Oil Co., Ltd. |
2,000 | $ | 6,311 | ||
| Sankyo-Tateyama Holdings, Inc. |
26,000 | 26,939 | |||
| Sinanen Co., Ltd. |
7,000 | 26,374 | |||
| Sojitz Corp. |
40,300 | 90,345 | |||
| Sumitomo Corp. |
41,800 | 378,372 | |||
| Takachiho Electric Co., Ltd. |
900 | 8,621 | |||
| Trusco Nakayama Corp. |
1,900 | 24,876 | |||
| Total Distribution/Wholesale | 715,751 | ||||
| Diversified Financial Services – 1.1% | |||||
| Century Leasing System, Inc. |
2,400 | 20,233 | |||
| Ichiyoshi Securities Co., Ltd. |
3,100 | 31,565 | |||
| Kyokuto Securities Co., Ltd. |
1,500 | 10,455 | |||
| Okasan Holdings, Inc. |
9,000 | 42,387 | |||
| SFCG Co., Ltd. |
480 | 21,205 | |||
| Shinko Securities Co., Ltd. |
32,000 | 86,808 | |||
| Tokai Tokyo Securities Co., Ltd. |
16,000 | 52,899 | |||
| Tokyo Leasing Co., Ltd. |
3,200 | 24,053 | |||
| Toyo Securities Co., Ltd. |
3,000 | 6,867 | |||
| Total Diversified Financial Services | 296,472 | ||||
| Electric – 12.8% | |||||
| Chubu Electric Power Co., Inc. |
24,400 | 571,130 | |||
| Chugoku Electric Power Co., Inc. (The) |
11,100 | 227,405 | |||
| Hokkaido Electric Power Co., Inc. |
8,400 | 174,069 | |||
| Kansai Electric Power Co., Inc. (The) |
32,500 | 719,399 | |||
| Kyushu Electric Power Co., Inc. |
17,100 | 354,354 | |||
| Tohoku Electric Power Co., Inc. |
18,100 | 387,863 | |||
| Tokyo Electric Power Co., Inc. (The) |
40,200 | 980,719 | |||
| Total Electric | 3,414,939 | ||||
| Electrical Components & Equipment – 0.3% | |||||
| Fujikura Ltd. |
11,000 | 41,548 | |||
| Kyosan Electric Manufacturing Co., Ltd. |
2,000 | 6,801 | |||
| Nippon Signal Co., Ltd. (The) |
4,400 | 19,065 | |||
| Total Electrical Components & Equipment | 67,414 | ||||
| Electronics – 2.6% | |||||
| Chiyoda Integre Co., Ltd. |
500 | 6,254 | |||
| Cosel Co., Ltd. |
2,700 | 23,626 | |||
| Eizo Nanao Corp. |
1,500 | 28,074 | |||
| Hoya Corp. |
14,400 | 279,413 | |||
| Idec Corp. |
3,300 | 33,570 | |||
| Kaga Electronics Co., Ltd. |
2,100 | 23,638 | |||
| Koa Corp. |
1,300 | 7,004 | |||
| Nichicon Corp. |
3,600 | 24,144 | |||
| Nidec Copal Electronics Corp. |
1,800 | 9,495 | |||
| Nippon Chemi-Con Corp. |
7,000 | 21,825 | |||
| Optex Co., Ltd. |
500 | 4,564 | |||
| Ryosan Co., Ltd. |
2,200 | 44,968 | |||
| Sanshin Electronics Co., Ltd. |
2,400 | 16,050 | |||
| Sanyo Denki Co., Ltd. |
2,000 | 5,595 | |||
| Sato Corp. |
2,100 | 27,475 | |||
| Shinko Shoji Co., Ltd. |
1,100 | 7,512 | |||
| SMK Corp. |
4,000 | 12,660 | |||
| Sodick Co., Ltd. |
4,600 | 14,645 | |||
| Investments | Shares | U.S. $ Value | |||
| Star Micronics Co., Ltd. |
2,800 | $ | 28,194 | ||
| Sumida Corp. |
600 | 5,019 | |||
| Toyo Corp./Chuo-Ku |
4,200 | 40,669 | |||
| Yamatake Corp. |
2,400 | 37,730 | |||
| Total Electronics | 702,124 | ||||
| Engineering & Construction – 0.5% | |||||
| Airport Facilities Co., Ltd. |
1,500 | 7,347 | |||
| COMSYS Holdings Corp. |
5,000 | 42,387 | |||
| Nippon Koei Co., Ltd. |
3,000 | 6,612 | |||
| Nishimatsu Construction Co., Ltd. |
15,000 | 33,486 | |||
| Takasago Thermal Engineering Co., Ltd. |
4,000 | 35,530 | |||
| Tokyu Construction Co., Ltd. |
7,010 | 20,865 | |||
| Total Engineering & Construction | 146,227 | ||||
| Entertainment – 0.5% | |||||
| Avex Group Holdings, Inc. |
3,000 | 26,082 | |||
| Heiwa Corp. |
9,200 | 71,059 | |||
| Mars Engineering Corp. |
1,700 | 36,029 | |||
| Total Entertainment | 133,170 | ||||
| Food – 0.3% | |||||
| Fujicco Co., Ltd. |
1,000 | 10,606 | |||
| Kato Sangyo Co., Ltd. |
1,100 | 12,941 | |||
| Kyokuyo Co., Ltd. |
3,000 | 4,832 | |||
| Marudai Food Co., Ltd. |
4,000 | 8,440 | |||
| Morinaga & Co., Ltd. |
17,000 | 31,225 | |||
| Yokohama Reito Co., Ltd. |
2,000 | 13,545 | |||
| Total Food | 81,589 | ||||
| Forest Products & Paper – 0.9% | |||||
| Chuetsu Pulp & Paper Co., Ltd. |
4,000 | 6,631 | |||
| Hokuetsu Paper Mills Ltd. |
10,000 | 43,235 | |||
| OJI Paper Co., Ltd. |
34,000 | 168,774 | |||
| Pack Corp. (The) |
600 | 7,291 | |||
| Tokushu Tokai Holdings Co., Ltd. |
14,000 | 25,319 | |||
| Total Forest Products & Paper | 251,250 | ||||
| Gas – 0.1% | |||||
| Saibu Gas Co., Ltd. |
17,000 | 37,630 | |||
| Hand/Machine Tools – 0.1% | |||||
| Asahi Diamond Industrial Co., Ltd. |
3,000 | 17,153 | |||
| Hitachi Tool Engineering Ltd. |
700 | 6,501 | |||
| Total Hand/Machine Tools | 23,654 | ||||
| Healthcare-Products – 0.2% | |||||
| As One Corp. |
500 | 10,032 | |||
| Nipro Corp. |
3,000 | 50,440 | |||
| Total Healthcare-Products | 60,472 | ||||
| Home Builders – 1.0% | |||||
| Mitsui Home Co., Ltd. |
4,000 | 18,839 | |||
| PanaHome Corp. |
8,000 | 43,856 | |||
| Sekisui House, Ltd. |
21,000 | 188,706 | |||
| Token Corp. |
790 | 25,077 | |||
| Total Home Builders | 276,478 | ||||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 57 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Japan High-Yielding Equity Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Home Furnishings – 0.4% | |||||
| Alpine Electronics, Inc. |
3,200 | $ | 30,052 | ||
| France Bed Holdings Co., Ltd. |
18,000 | 22,380 | |||
| Kenwood Corp. |
27,000 | 20,091 | |||
| Noritz Corp. |
2,300 | 20,646 | |||
| TOA Corp./Hyogo |
1,000 | 5,171 | |||
| Total Home Furnishings | 98,340 | ||||
| Housewares – 0.2% | |||||
| Sangetsu Co., Ltd. |
2,800 | 46,656 | |||
| Insurance – 0.2% | |||||
| Fuji Fire & Marine Insurance Co., Ltd. (The) |
19,000 | 42,594 | |||
| Internet – 1.1% | |||||
| Matsui Securities Co., Ltd. |
11,400 | 80,535 | |||
| Trend Micro, Inc. |
6,000 | 223,237 | |||
| Total Internet | 303,772 | ||||
| Iron/Steel – 0.5% | |||||
| Daido Metal Co., Ltd. |
1,000 | 3,231 | |||
| Kyoei Steel Ltd. |
1,900 | 35,668 | |||
| Mitsubishi Steel Manufacturing Co., Ltd. |
6,000 | 17,068 | |||
| Nippon Metal Industry Co., Ltd. |
10,000 | 17,708 | |||
| Topy Industries Ltd. |
12,000 | 32,440 | |||
| Yodogawa Steel Works Ltd. |
9,000 | 39,505 | |||
| Total Iron/Steel | 145,620 | ||||
| Leisure Time – 0.4% | |||||
| Daiwa Seiko, Inc. |
5,000 | 6,264 | |||
| Sega Sammy Holdings, Inc. |
11,800 | 104,923 | |||
| Total Leisure Time | 111,187 | ||||
| Lodging – 0.1% | |||||
| Resorttrust, Inc. |
3,100 | 28,820 | |||
| Machinery-Construction & Mining – 0.1% | |||||
| Aichi Corp. |
4,100 | 15,718 | |||
| Machinery-Diversified – 1.0% | |||||
| Aida Engineering Ltd. |
5,000 | 20,252 | |||
| Amada Co., Ltd. |
14,000 | 74,771 | |||
| CKD Corp. |
4,300 | 18,307 | |||
| Daifuku Co., Ltd. |
5,000 | 30,566 | |||
| Ebara Corp. |
15,000 | 38,855 | |||
| Furukawa Co., Ltd. |
25,000 | 34,380 | |||
| Juki Corp. |
9,000 | 14,835 | |||
| Max Co., Ltd. |
3,000 | 29,953 | |||
| Obara Corp. |
700 | 5,809 | |||
| Tsugami Corp. |
2,000 | 4,860 | |||
| Total Machinery-Diversified | 272,588 | ||||
| Metal Fabricate/Hardware – 0.9% | |||||
| Daiichi Jitsugyo Co., Ltd. |
2,000 | 6,556 | |||
| Furukawa-Sky Aluminum Corp. |
11,000 | 23,209 | |||
| Kitz Corp. |
6,000 | 27,410 | |||
| NTN Corp. |
17,000 | 86,789 | |||
| Oiles Corp. |
2,040 | 24,442 | |||
| Onoken Co., Ltd. |
1,500 | 15,966 | |||
| Investments | Shares | U.S. $ Value | |||
| Ryobi Ltd. |
10,000 | $ | 26,468 | ||
| Tocalo Co., Ltd. |
500 | 5,680 | |||
| Yamazen Corp. |
5,900 | 17,339 | |||
| Total Metal Fabricate/Hardware | 233,859 | ||||
| Mining – 0.8% | |||||
| Chuo Denki Kogyo Co., Ltd. |
1,000 | 8,025 | |||
| Dowa Holdings Co., Ltd. |
10,000 | 43,800 | |||
| Mitsui Mining & Smelting Co., Ltd. |
29,000 | 66,378 | |||
| Pacific Metals Co., Ltd. |
12,000 | 84,774 | |||
| Total Mining | 202,977 | ||||
| Miscellaneous Manufacturing – 0.5% | |||||
| Amano Corp. |
4,500 | 35,307 | |||
| Bando Chemical Industries Ltd. |
3,000 | 8,082 | |||
| Mitsuboshi Belting Co., Ltd. |
5,739 | 27,029 | |||
| Nippon Valqua Industries Ltd. |
4,000 | 9,457 | |||
| Sekisui Plastics Co., Ltd. |
3,000 | 7,460 | |||
| Shin-Etsu Polymer Co., Ltd. |
3,900 | 18,772 | |||
| Tamron Co., Ltd. |
1,300 | 18,711 | |||
| Total Miscellaneous Manufacturing | 124,818 | ||||
| Oil & Gas – 3.1% | |||||
| Cosmo Oil Co., Ltd. |
29,000 | 67,744 | |||
| Nippon Mining Holdings, Inc. |
30,000 | 118,401 | |||
| Nippon Oil Corp. |
53,000 | 262,091 | |||
| Showa Shell Sekiyu K.K. |
16,100 | 153,774 | |||
| TonenGeneral Sekiyu K.K. |
28,000 | 227,608 | |||
| Total Oil & Gas | 829,618 | ||||
| Packaging & Containers – 0.0% | |||||
| Nihon Yamamura Glass Co., Ltd. |
4,000 | 6,782 | |||
| Pharmaceuticals – 15.0% | |||||
| Astellas Pharma, Inc. |
17,400 | 716,225 | |||
| Daiichi Sankyo Co., Ltd. |
26,200 | 665,087 | |||
| Eisai Co., Ltd. |
14,400 | 554,759 | |||
| Kaken Pharmaceutical Co., Ltd. |
5,000 | 38,902 | |||
| Kyorin Co., Ltd. |
4,000 | 46,456 | |||
| Seikagaku Corp. |
2,900 | 27,890 | |||
| SSP Co., Ltd. |
7,000 | 33,957 | |||
| Takeda Pharmaceutical Co., Ltd. |
38,900 | 1,923,656 | |||
| Total Pharmaceuticals | 4,006,932 | ||||
| Real Estate – 0.7% | |||||
| Arnest One Corp. |
9,400 | 28,865 | |||
| Daikyo, Inc. |
17,000 | 25,300 | |||
| Leopalace21 Corp. |
7,800 | 59,070 | |||
| Sumitomo Real Estate Sales Co., Ltd. |
1,250 | 33,851 | |||
| Tokyu Community Corp. |
1,000 | 16,182 | |||
| Tokyu Livable, Inc. |
4,200 | 20,809 | |||
| Total Real Estate | 184,077 | ||||
| Retail – 2.8% | |||||
| Arcs Co., Ltd. |
2,075 | 25,409 | |||
| Best Denki Co., Ltd. |
5,000 | 18,603 | |||
| Chiyoda Co., Ltd. |
2,000 | 26,826 | |||
| Circle K Sunkus Co., Ltd. |
3,010 | 49,701 | |||
See Notes to Financial Statements.
| 58 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree Japan High-Yielding Equity Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Gulliver International Co., Ltd. |
900 | $ | 15,369 | ||
| Honeys Co., Ltd. |
1,180 | 5,313 | |||
| Keiyo Co., Ltd. |
1,700 | 8,567 | |||
| Lawson, Inc. |
4,500 | 206,848 | |||
| Marui Co., Ltd. |
15,100 | 110,941 | |||
| Paris Miki, Inc. |
3,300 | 27,758 | |||
| Plenus Co., Ltd. |
2,500 | 30,707 | |||
| Point, Inc. |
1,290 | 48,482 | |||
| Right On Co., Ltd. |
2,900 | 36,412 | |||
| Seiko Holdings Corp. |
8,000 | 25,922 | |||
| Senshukai Co., Ltd. |
1,400 | 9,165 | |||
| United Arrows Ltd. |
4,400 | 32,949 | |||
| USS Co., Ltd. |
1,120 | 71,104 | |||
| Total Retail | 750,076 | ||||
| Semiconductors – 0.2% | |||||
| Epson Toyocom Corp. |
10,000 | 26,091 | |||
| Sanken Electric Co., Ltd. |
5,000 | 20,487 | |||
| Total Semiconductors | 46,578 | ||||
| Software – 1.6% | |||||
| Koei Co., Ltd. |
4,000 | 51,203 | |||
| NEC Mobiling Ltd. |
600 | 7,714 | |||
| Oracle Corp. Japan |
7,900 | 354,948 | |||
| Total Software | 413,865 | ||||
| Telecommunications – 9.8% | |||||
| Denki Kogyo Co., Ltd. |
9,000 | 49,593 | |||
| NTT DoCoMo, Inc. |
1,603 | 2,535,145 | |||
| Uniden Corp. |
7,000 | 26,572 | |||
| Total Telecommunications | 2,611,310 | ||||
| Textiles – 0.4% | |||||
| Japan Vilene Co., Ltd. |
2,000 | 7,328 | |||
| Mitsubishi Rayon Co., Ltd. |
28,000 | 67,781 | |||
| Toyobo Co., Ltd. |
25,000 | 40,974 | |||
| Total Textiles | 116,083 | ||||
| Transportation – 1.7% | |||||
| Inui Steamship Co., Ltd. |
1,800 | 17,328 | |||
| Japan Transcity Corp. |
2,000 | 7,215 | |||
| Kawasaki Kisen Kaisha Ltd. |
22,000 | 130,966 | |||
| Nippon Yusen K.K. |
41,000 | 257,976 | |||
| Shinwa Kaiun Kaisha, Ltd. |
7,000 | 27,033 | |||
| Total Transportation | 440,518 | ||||
| TOTAL COMMON STOCKS (Cost: $33,470,748) |
26,163,642 | ||||
| Investments | Shares | U.S. $ Value | |||
| SHORT-TERM INVESTMENT – 0.5% | |||||
| MONEY MARKET FUND – 0.5% | |||||
| Columbia Cash Reserves Fund, 2.08%(a) (Cost: $140,187) |
140,187 | $ | 140,187 | ||
| INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED – 0.0% | |||||
| MONEY MARKET FUND(b) – 0.0% | |||||
| UBS Private Money Market Fund LLC, 3.01% (Cost: $1)(c) |
1 | 1 | |||
| TOTAL INVESTMENTS IN SECURITIES – 98.6% (Cost: $33,610,936)(d) |
26,303,830 | ||||
| Foreign Currency and Other Assets in |
365,316 | ||||
| NET ASSETS – 100.0% | $ | 26,669,146 | |||
| (a) |
Rate shown represents annualized 7-day yield as of September 30, 2008. |
| (b) |
Interest rate shown reflects yields as of September 30, 2008. |
| (c) |
At September 30, 2008, the total market value of the Fund’s securities on loan was $0 and the total market value of the collateral held by the Fund was $1. |
| (d) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 59 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Japan SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 98.6% | |||||
| Advertising – 0.5% | |||||
| Asatsu-DK, Inc. |
7,600 | $ | 214,402 | ||
| Moshi Moshi Hotline, Inc. |
5,800 | 149,965 | |||
| Total Advertising | 364,367 | ||||
| Agriculture – 0.5% | |||||
| Hokuto Corp. |
11,900 | 263,971 | |||
| Nosan Corp. |
34,000 | 71,417 | |||
| Sakata Seed Corp. |
3,900 | 57,197 | |||
| Total Agriculture | 392,585 | ||||
| Apparel – 2.6% | |||||
| Daidoh Ltd. |
12,900 | 125,883 | |||
| Gunze Ltd. |
41,000 | 158,338 | |||
| Japan Wool Textile Co., Ltd. (The) |
19,000 | 146,932 | |||
| Onward Holdings Co., Ltd. |
51,000 | 523,139 | |||
| Sanei-International Co., Ltd. |
5,100 | 55,340 | |||
| Sanyo Shokai Ltd. |
50,000 | 255,263 | |||
| Tokyo Style Co., Ltd. |
21,000 | 175,453 | |||
| Wacoal Holdings Corp. |
34,000 | 372,458 | |||
| Total Apparel | 1,812,806 | ||||
| Auto Manufacturers – 0.7% | |||||
| Kanto Auto Works Ltd. |
18,200 | 217,889 | |||
| Nissan Shatai Co., Ltd. |
33,000 | 216,342 | |||
| Shinmaywa Industries Ltd. |
25,000 | 73,471 | |||
| Total Auto Manufacturers | 507,702 | ||||
| Auto Parts & Equipment – 4.1% | |||||
| Aisan Industry Co., Ltd. |
11,400 | 67,972 | |||
| Akebono Brake Industry Co., Ltd. |
13,900 | 81,568 | |||
| Calsonic Kansei Corp. |
43,000 | 119,079 | |||
| Eagle Industry Co., Ltd. |
8,000 | 33,382 | |||
| Exedy Corp. |
5,700 | 104,642 | |||
| FCC Co., Ltd. |
8,900 | 115,353 | |||
| Futaba Industrial Co., Ltd. |
10,900 | 133,574 | |||
| Kayaba Industry Co., Ltd. |
57,000 | 154,090 | |||
| Keihin Corp. |
13,300 | 150,708 | |||
| Musashi Seimitsu Industry Co., Ltd. |
5,700 | 98,951 | |||
| Nifco, Inc. |
17,700 | 304,599 | |||
| Nissin Kogyo Co., Ltd. |
14,900 | 191,013 | |||
| Press Kogyo Co., Ltd. |
19,000 | 50,648 | |||
| Riken Corp. |
32,000 | 97,659 | |||
| Sanden Corp. |
43,000 | 142,166 | |||
| Showa Corp. |
23,600 | 140,491 | |||
| Takata Corp. |
12,600 | 169,124 | |||
| Teikoku Piston Ring Co., Ltd. |
6,000 | 30,123 | |||
| Toyo Tire & Rubber Co., Ltd. |
72,000 | 193,284 | |||
| TS Tech Co., Ltd. |
8,300 | 78,415 | |||
| Yokohama Rubber Co., Ltd. (The) |
79,000 | 417,453 | |||
| Total Auto Parts & Equipment | 2,874,294 | ||||
| Banks – 6.8% | |||||
| Akita Bank Ltd. (The) |
32,000 | 120,567 | |||
| Aomori Bank Ltd. (The) |
31,000 | 115,923 | |||
| Awa Bank Ltd. (The) |
27,000 | 154,373 | |||
| Investments | Shares | U.S. $ Value | |||
| Bank of Ikeda Ltd. (The) |
1,000 | $ | 39,561 | ||
| Bank of Iwate Ltd. (The) |
1,800 | 105,798 | |||
| Bank of Nagoya Ltd. (The) |
24,000 | 129,308 | |||
| Bank of Okinawa Ltd. (The) |
4,100 | 143,277 | |||
| Bank of Saga Ltd. (The) |
38,000 | 107,738 | |||
| Chukyo Bank Ltd. (The) |
53,000 | 143,277 | |||
| Daisan Bank Ltd. (The) |
27,000 | 89,521 | |||
| Daishi Bank Ltd. (The) |
59,000 | 228,409 | |||
| Ehime Bank Ltd. (The) |
38,000 | 105,590 | |||
| Eighteenth Bank Ltd. (The) |
23,000 | 58,711 | |||
| Fukui Bank Ltd. (The) |
51,000 | 144,596 | |||
| Higo Bank Ltd. (The) |
27,000 | 152,338 | |||
| Hokkoku Bank Ltd. (The) |
48,000 | 177,686 | |||
| Hokuetsu Bank Ltd. (The) |
88,000 | 179,042 | |||
| Hyakugo Bank Ltd. (The) |
31,000 | 172,279 | |||
| Hyakujushi Bank Ltd. (The) |
37,000 | 203,184 | |||
| Juroku Bank Ltd. (The) |
21,000 | 78,331 | |||
| Kagoshima Bank Ltd. (The) |
19,000 | 128,319 | |||
| Kanto Tsukuba Bank Ltd. (The) |
9,200 | 40,209 | |||
| Keiyo Bank Ltd. (The) |
36,000 | 168,530 | |||
| Kiyo Holdings, Inc. |
195,000 | 277,350 | |||
| Michinoku Bank Ltd. (The) |
25,000 | 51,806 | |||
| Mie Bank Ltd. (The) |
21,000 | 83,672 | |||
| Miyazaki Bank Ltd. (The) |
22,000 | 64,654 | |||
| Musashino Bank Ltd. (The) |
5,300 | 150,266 | |||
| Ogaki Kyoritsu Bank Ltd. (The) |
36,000 | 187,859 | |||
| Oita Bank Ltd. (The) |
17,000 | 87,430 | |||
| San-In Godo Bank Ltd. (The) |
17,000 | 130,184 | |||
| Shiga Bank Ltd. (The) |
25,000 | 155,654 | |||
| Shikoku Bank Ltd. (The) |
36,000 | 112,579 | |||
| Tochigi Bank Ltd. (The) |
16,000 | 83,794 | |||
| Toho Bank Ltd. (The) |
32,000 | 122,978 | |||
| Tokyo Tomin Bank Ltd. (The) |
7,600 | 121,125 | |||
| Yamagata Bank Ltd. (The) |
17,000 | 94,476 | |||
| Yamanashi Chuo Bank Ltd. (The) |
20,000 | 97,396 | |||
| Total Banks | 4,807,790 | ||||
| Beverages – 1.1% | |||||
| Ito En, Ltd. |
15,900 | 203,533 | |||
| Kagome Co., Ltd. |
11,100 | 171,783 | |||
| Mercian Corp. |
38,000 | 73,018 | |||
| Mikuni Coca-Cola Bottling Co., Ltd. |
5,200 | 45,111 | |||
| Takara Holdings, Inc. |
40,000 | 275,797 | |||
| Total Beverages | 769,242 | ||||
| Building Materials – 2.5% | |||||
| Asahi Organic Chemicals Industry Co., Ltd. |
25,000 | 65,935 | |||
| Bunka Shutter Co., Ltd. |
21,000 | 64,880 | |||
| Central Glass Co., Ltd. |
57,000 | 185,767 | |||
| Chofu Seisakusho Co., Ltd. |
7,200 | 140,385 | |||
| Cleanup Corp. |
15,200 | 58,272 | |||
| Daiken Corp. |
40,000 | 70,456 | |||
| Fujitec Co., Ltd. |
21,000 | 101,474 | |||
| Nice Corp. |
21,000 | 37,583 | |||
| Nichiha Corp. |
5,700 | 39,408 | |||
See Notes to Financial Statements.
| 60 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Japan SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Rinnai Corp. |
7,600 | $ | 305,676 | ||
| Sanwa Holdings Corp. |
109,000 | 404,522 | |||
| Sumitomo Osaka Cement Co., Ltd. |
82,000 | 129,760 | |||
| Takara Standard Co., Ltd. |
38,000 | 178,609 | |||
| Total Building Materials | 1,782,727 | ||||
| Chemicals – 6.5% | |||||
| ADEKA Corp. |
19,000 | 117,939 | |||
| Aica Kogyo Co., Ltd. |
18,800 | 144,500 | |||
| Chugoku Marine Paints Ltd. |
12,000 | 68,949 | |||
| Dainichiseika Color & Chemicals Manufacturing Co., Ltd. |
22,000 | 65,276 | |||
| Denki Kagaku Kogyo K.K. |
115,000 | 294,636 | |||
| Fujimi, Inc. |
7,200 | 84,909 | |||
| Gun-Ei Chemical Industry Co., Ltd. |
22,000 | 42,895 | |||
| Kansai Paint Co., Ltd. |
58,000 | 353,469 | |||
| Koatsu Gas Kogyo Co., Ltd. |
19,000 | 95,747 | |||
| Lintec Corp. |
9,100 | 145,717 | |||
| Nihon Parkerizing Co., Ltd. |
15,000 | 166,156 | |||
| Nippon Chemical Industrial Co., Ltd. |
54,000 | 108,341 | |||
| Nippon Kayaku Co., Ltd. |
72,000 | 425,225 | |||
| Nippon Paint Co., Ltd. |
73,000 | 292,921 | |||
| Nippon Shokubai Co., Ltd. |
33,000 | 207,950 | |||
| Nippon Soda Co., Ltd. |
20,000 | 78,934 | |||
| NOF Corp. |
51,000 | 167,654 | |||
| Sakata INX Corp. |
25,000 | 67,583 | |||
| Sanyo Chemical Industries Ltd. |
35,000 | 167,805 | |||
| Sumitomo Bakelite Co., Ltd. |
43,000 | 179,833 | |||
| Sumitomo Seika Chemicals Co., Ltd. |
19,000 | 56,375 | |||
| T. Hasegawa Co., Ltd. |
8,300 | 132,594 | |||
| Taiyo Ink Manufacturing Co., Ltd. |
8,600 | 149,618 | |||
| Takasago International Corp. |
25,000 | 118,683 | |||
| Toagosei Co., Ltd. |
76,000 | 189,705 | |||
| Tokuyama Corp. |
18,000 | 101,389 | |||
| Tokyo Ohka Kogyo Co., Ltd. |
7,600 | 118,046 | |||
| Toyo Ink Manufacturing Co., Ltd. |
90,000 | 261,103 | |||
| Zeon Corp. |
55,000 | 186,502 | |||
| Total Chemicals | 4,590,454 | ||||
| Commercial Services – 2.5% | |||||
| Duskin Co., Ltd. |
7,400 | 106,088 | |||
| Kanamoto Co., Ltd. |
15,000 | 60,331 | |||
| Kyodo Printing Co., Ltd. |
53,000 | 134,790 | |||
| Meitec Corp. |
14,700 | 389,775 | |||
| Nichii Gakkan Co. |
5,700 | 67,381 | |||
| Nomura Co., Ltd. |
23,000 | 59,144 | |||
| Park24 Co., Ltd. |
58,300 | 321,250 | |||
| Sohgo Security Services Co., Ltd. |
25,200 | 263,951 | |||
| TKC Corp. |
5,000 | 78,180 | |||
| Toppan Forms Co., Ltd. |
30,500 | 300,791 | |||
| Total Commercial Services | 1,781,681 | ||||
| Computers – 1.8% | |||||
| CSK Holdings Corp. |
12,100 | 174,380 | |||
| Hitachi Information Systems Ltd. |
9,900 | 183,891 | |||
| Hitachi Maxell Ltd. |
22,000 | 231,885 | |||
| Investments | Shares | U.S. $ Value | |||
| Hitachi Systems & Services Ltd. |
5,600 | $ | 73,584 | ||
| Information Services International-Dentsu Ltd. |
9,500 | 60,491 | |||
| NEC Fielding Ltd. |
19,600 | 184,618 | |||
| NS Solutions Corp. |
8,100 | 114,826 | |||
| Obic Co., Ltd. |
1,300 | 209,513 | |||
| Roland DG Corp. |
3,800 | 67,721 | |||
| Total Computers | 1,300,909 | ||||
| Cosmetics/Personal Care – 1.7% | |||||
| Aderans Co., Ltd. |
12,000 | 188,424 | |||
| Fancl Corp. |
11,000 | 131,588 | |||
| KOSE Corp. |
9,000 | 247,115 | |||
| Lion Corp. |
72,000 | 381,143 | |||
| Mandom Corp. |
9,500 | 250,553 | |||
| Total Cosmetics/Personal Care | 1,198,823 | ||||
| Distribution/Wholesale – 3.4% | |||||
| Advan Co., Ltd. |
9,500 | 51,274 | |||
| Ai Holdings Corp. |
15,500 | 49,494 | |||
| Doshisha Co., Ltd. |
3,800 | 50,254 | |||
| Fuji Electronics Co., Ltd. |
9,600 | 71,165 | |||
| Hakuto Co., Ltd. |
15,700 | 121,264 | |||
| Hanwa Co., Ltd. |
58,000 | 195,582 | |||
| Inaba Denki Sangyo Co., Ltd. |
7,600 | 169,303 | |||
| Itochu Enex Co., Ltd. |
31,700 | 202,147 | |||
| Iwatani Corp. |
43,000 | 99,232 | |||
| Japan Pulp & Paper Co., Ltd. |
40,000 | 129,986 | |||
| JFE Shoji Holdings, Inc. |
20,000 | 68,573 | |||
| Matsuda Sangyo Co., Ltd. |
2,740 | 44,236 | |||
| Mitsuuroko Co., Ltd. |
20,300 | 119,316 | |||
| Nagase & Co., Ltd. |
17,000 | 155,805 | |||
| Ryoden Trading Co., Ltd. |
31,000 | 162,351 | |||
| Ryoshoku Ltd. |
5,400 | 87,486 | |||
| Ryoyo Electro Corp. |
15,600 | 131,071 | |||
| San-Ai Oil Co., Ltd. |
22,000 | 69,420 | |||
| Sankyo Seiko Co., Ltd. |
20,300 | 33,844 | |||
| Sankyo-Tateyama Holdings, Inc. |
114,000 | 118,118 | |||
| Satori Electric Co., Ltd. |
10,100 | 47,948 | |||
| Sinanen Co., Ltd. |
25,000 | 94,193 | |||
| Trusco Nakayama Corp. |
9,500 | 124,382 | |||
| Total Distribution/Wholesale | 2,396,444 | ||||
| Diversified Financial Services – 2.1% | |||||
| Century Leasing System, Inc. |
17,200 | 145,001 | |||
| Ichiyoshi Securities Co., Ltd. |
14,800 | 150,698 | |||
| Kyokuto Securities Co., Ltd. |
13,700 | 95,493 | |||
| Mizuho Investors Securities Co. Ltd. |
62,000 | 49,640 | |||
| Okasan Holdings, Inc. |
73,000 | 343,804 | |||
| SFCG Co., Ltd. |
2,030 | 89,678 | |||
| Tokai Tokyo Securities Co., Ltd. |
126,000 | 416,578 | |||
| Tokyo Leasing Co., Ltd. |
14,700 | 110,494 | |||
| Toyo Securities Co., Ltd. |
32,000 | 73,244 | |||
| Total Diversified Financial Services | 1,474,630 | ||||
| Electric – 0.1% | |||||
| Okinawa Electric Power Co., Inc. (The) |
1,300 | 61,593 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 61 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Japan SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Electrical Components & Equipment – 1.4% | |||||
| Fujikura Ltd. |
56,000 | $ | 211,520 | ||
| GS Yuasa Corp. |
22,000 | 76,466 | |||
| Hitachi Cable Ltd. |
82,000 | 274,968 | |||
| Nippon Signal Co., Ltd. (The) |
13,900 | 60,227 | |||
| Shinko Electric Co., Ltd. |
17,000 | 51,882 | |||
| Toshiba TEC Corp. |
74,000 | 285,781 | |||
| Total Electrical Components & Equipment | 960,844 | ||||
| Electronics – 5.0% | |||||
| Alps Electric Co., Ltd. |
28,000 | 214,421 | |||
| Anritsu Corp. |
21,000 | 56,770 | |||
| Chiyoda Integre Co., Ltd. |
4,200 | 52,537 | |||
| Cosel Co., Ltd. |
8,900 | 77,880 | |||
| Dainippon Screen Manufacturing Co., Ltd. |
55,000 | 174,587 | |||
| Eizo Nanao Corp. |
7,000 | 131,013 | |||
| Horiba Ltd. |
5,300 | 117,817 | |||
| Idec Corp. |
13,100 | 133,264 | |||
| Kaga Electronics Co., Ltd. |
8,000 | 90,049 | |||
| Koa Corp. |
9,700 | 52,262 | |||
| Kuroda Electric Co., Ltd. |
5,700 | 52,133 | |||
| Japan Aviation Electronics Industry Ltd. |
14,000 | 64,089 | |||
| Nichicon Corp. |
16,400 | 109,987 | |||
| Nidec Copal Corp. |
13,300 | 148,077 | |||
| Nidec Copal Electronics Corp. |
11,500 | 60,660 | |||
| Nihon Dempa Kogyo Co., Ltd. |
4,200 | 70,577 | |||
| Nippon Chemi-Con Corp. |
34,000 | 106,005 | |||
| Nitto Kogyo Corp. |
9,500 | 69,081 | |||
| Osaki Electric Co., Ltd. |
8,000 | 34,286 | |||
| Ryosan Co., Ltd. |
17,900 | 365,874 | |||
| Sanshin Electronics Co., Ltd. |
9,500 | 63,533 | |||
| Sanyo Denki Co., Ltd. |
16,000 | 44,761 | |||
| Sato Corp. |
7,300 | 95,509 | |||
| Shinko Shoji Co., Ltd. |
9,900 | 67,607 | |||
| SMK Corp. |
19,000 | 60,133 | |||
| Sodick Co., Ltd. |
17,500 | 55,715 | |||
| Star Micronics Co., Ltd. |
16,900 | 170,170 | |||
| Sumida Corp. |
5,700 | 47,677 | |||
| Taiyo Yuden Co., Ltd. |
7,000 | 66,990 | |||
| Tokyo Seimitsu Co., Ltd. |
6,500 | 77,205 | |||
| Toyo Corp./Chuo-Ku |
21,200 | 205,280 | |||
| ULVAC, Inc. |
5,200 | 142,533 | |||
| Yamatake Corp. |
16,400 | 257,821 | |||
| Total Electronics | 3,536,303 | ||||
| Engineering & Construction – 5.2% | |||||
| Asunaro Aoki Construction Co., Ltd. |
15,000 | 64,569 | |||
| COMSYS Holdings Corp. |
24,000 | 203,457 | |||
| Japan Airport Terminal Co., Ltd. |
12,000 | 119,361 | |||
| Kandenko Co., Ltd. |
42,000 | 237,366 | |||
| Kyowa Exeo Corp. |
20,000 | 178,402 | |||
| Kyudenko Corp. |
21,000 | 120,661 | |||
| Maeda Corp. |
43,000 | 130,825 | |||
| Maeda Road Construction Co., Ltd. |
24,000 | 153,497 | |||
| NEC Networks & System Integration Corp. |
7,600 | 94,996 | |||
| Investments | Shares | U.S. $ Value | |||
| Nippo Corp. |
19,000 | $ | 105,590 | ||
| Nippon Densetsu Kogyo Co., Ltd. |
19,000 | 156,059 | |||
| Nippon Koei Co., Ltd. |
22,000 | 48,491 | |||
| Nishimatsu Construction Co., Ltd. |
100,000 | 223,237 | |||
| Okumura Corp. |
60,000 | 224,933 | |||
| Sanki Engineering Co., Ltd. |
19,000 | 129,035 | |||
| Shinko Plantech Co Ltd |
5,600 | 43,675 | |||
| Taihei Kogyo Co., Ltd. |
23,000 | 58,061 | |||
| Taikisha Ltd. |
15,100 | 195,284 | |||
| Takasago Thermal Engineering Co., Ltd. |
23,000 | 204,295 | |||
| Toda Corp. |
76,000 | 299,947 | |||
| Toenec Corp. |
17,000 | 85,669 | |||
| Tokyu Construction Co., Ltd. |
25,890 | 77,062 | |||
| Toshiba Plant Systems & Services Corp. |
27,000 | 247,962 | |||
| Toyo Engineering Corp. |
21,000 | 85,848 | |||
| Tsukishima Kikai Co., Ltd. |
14,000 | 106,683 | |||
| Yurtec Corp. |
22,000 | 90,143 | |||
| Total Engineering & Construction | 3,685,108 | ||||
| Entertainment – 1.2% | |||||
| Aeon Fantasy Co., Ltd. |
6,100 | 46,311 | |||
| Avex Group Holdings, Inc. |
15,400 | 133,888 | |||
| Heiwa Corp. |
51,100 | 394,688 | |||
| Mars Engineering Corp. |
4,600 | 97,490 | |||
| Toei Co., Ltd. |
19,000 | 89,841 | |||
| Tokyotokeiba Co., Ltd. |
38,000 | 57,269 | |||
| Total Entertainment | 819,487 | ||||
| Environmental Control – 0.2% | |||||
| Asahi Pretec Corp. |
5,700 | 108,185 | |||
| Food – 5.2% | |||||
| Ariake Japan Co., Ltd. |
6,000 | 97,490 | |||
| Ezaki Glico Co., Ltd. |
18,000 | 168,700 | |||
| Fuji Oil Co., Ltd. |
20,600 | 232,069 | |||
| House Foods Corp. |
21,600 | 314,951 | |||
| Itoham Foods, Inc. |
24,000 | 110,545 | |||
| J-Oil Mills, Inc. |
24,000 | 102,633 | |||
| Kato Sangyo Co., Ltd. |
9,500 | 111,765 | |||
| Maruha Group, Inc. |
60,000 | 97,207 | |||
| Meiji Dairies Corp. |
42,000 | 221,146 | |||
| Meiji Seika Kaisha Ltd. |
85,000 | 382,706 | |||
| Mitsui Sugar Co., Ltd. |
16,000 | 58,776 | |||
| Morinaga & Co., Ltd. |
79,000 | 145,104 | |||
| Morinaga Milk Industry Co., Ltd. |
70,000 | 197,805 | |||
| Nichirei Corp. |
55,000 | 285,970 | |||
| Nippon Beet Sugar Manufacturing Co., Ltd. |
17,000 | 33,947 | |||
| Nippon Flour Mills Co., Ltd. |
15,000 | 73,753 | |||
| Nippon Suisan Kaisha Ltd. |
58,300 | 211,421 | |||
| Nisshin Oillio Group Ltd. (The) |
33,000 | 174,069 | |||
| QP Corp. |
33,900 | 313,886 | |||
| Showa Sangyo Co., Ltd. |
59,000 | 143,936 | |||
| Starzen Co., Ltd. |
53,000 | 116,319 | |||
| Yokohama Reito Co., Ltd. |
16,000 | 108,360 | |||
| Total Food | 3,702,558 | ||||
See Notes to Financial Statements.
| 62 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Japan SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Forest Products & Paper – 0.9% | |||||
| Chuetsu Pulp & Paper Co., Ltd. |
40,000 | $ | 66,312 | ||
| Daio Paper Corp. |
33,000 | 275,091 | |||
| Hokuetsu Paper Mills Ltd. |
59,000 | 255,084 | |||
| Mitsubishi Paper Mills Ltd. |
35,000 | 72,858 | |||
| Total Forest Products & Paper | 669,345 | ||||
| Gas – 0.4% | |||||
| Saibu Gas Co., Ltd. |
132,000 | 292,187 | |||
| Hand/Machine Tools – 1.3% | |||||
| Asahi Diamond Industrial Co., Ltd. |
19,000 | 108,633 | |||
| Disco Corp. |
5,600 | 160,354 | |||
| Hitachi Koki Co., Ltd. |
26,900 | 267,062 | |||
| Hitachi Tool Engineering Ltd. |
5,000 | 46,437 | |||
| Meidensha Corp. |
38,000 | 100,579 | |||
| OSG Corp. |
20,600 | 171,529 | |||
| Union Tool Co. |
2,100 | 48,561 | |||
| Total Hand/Machine Tools | 903,155 | ||||
| Healthcare-Products – 1.7% | |||||
| Hogy Medical Co., Ltd. |
2,300 | 104,206 | |||
| Nihon Kohden Corp. |
12,000 | 219,733 | |||
| Nipro Corp. |
25,024 | 420,739 | |||
| Paramount Bed Co., Ltd. |
11,900 | 156,926 | |||
| Sysmex Corp. |
4,200 | 184,750 | |||
| TOPCON Corp. |
14,600 | 93,790 | |||
| Total Healthcare-Products | 1,180,144 | ||||
| Home Builders – 0.7% | |||||
| Mitsui Home Co., Ltd. |
19,000 | 89,483 | |||
| PanaHome Corp. |
52,000 | 285,066 | |||
| Token Corp. |
3,040 | 96,499 | |||
| Total Home Builders | 471,048 | ||||
| Home Furnishings – 1.3% | |||||
| Alpine Electronics, Inc. |
16,400 | 154,013 | |||
| Canon Electronics, Inc. |
9,400 | 146,890 | |||
| France Bed Holdings Co., Ltd. |
82,000 | 101,955 | |||
| Kenwood Corp. |
70,000 | 52,089 | |||
| Nidec Sankyo Corp. |
42,000 | 197,805 | |||
| Noritz Corp. |
12,900 | 115,798 | |||
| TOA Corp. Hyogo |
27,000 | 139,622 | |||
| Total Home Furnishings | 908,172 | ||||
| Housewares – 0.6% | |||||
| Noritake Co., Ltd. |
38,000 | 122,055 | |||
| Sangetsu Co., Ltd. |
20,300 | 338,254 | |||
| Total Housewares | 460,309 | ||||
| Insurance – 0.4% | |||||
| Fuji Fire & Marine Insurance Co., Ltd. (The) |
131,000 | 293,675 | |||
| Internet – 0.9% | |||||
| Matsui Securities Co., Ltd. |
86,300 | 609,664 | |||
| Iron/Steel – 2.2% | |||||
| Aichi Steel Corp. |
34,000 | 136,429 | |||
| Godo Steel Ltd. |
36,000 | 111,223 | |||
| Investments | Shares | U.S. $ Value | |||
| Kyoei Steel Ltd. |
8,500 | $ | 159,568 | ||
| Mitsubishi Steel Manufacturing Co., Ltd. |
22,000 | 62,582 | |||
| Nakayama Steel Works Ltd. |
43,000 | 136,495 | |||
| Nippon Metal Industry Co., Ltd. |
79,000 | 139,895 | |||
| Nippon Yakin Kogyo Co., Ltd. |
16,500 | 59,214 | |||
| Sanyo Special Steel Co., Ltd. |
53,000 | 268,582 | |||
| Topy Industries Ltd. |
45,000 | 121,650 | |||
| Yodogawa Steel Works Ltd. |
76,000 | 333,595 | |||
| Total Iron/Steel | 1,529,233 | ||||
| Leisure Time – 0.4% | |||||
| Daikoku Denki Co., Ltd. |
4,000 | 44,384 | |||
| HIS Co., Ltd. |
4,400 | 49,941 | |||
| Mizuno Corp. |
33,000 | 154,175 | |||
| Total Leisure Time | 248,500 | ||||
| Lodging – 0.2% | |||||
| RESORTTRUST, Inc. |
14,960 | 139,081 | |||
| Machinery-Construction & Mining – 0.3% | |||||
| Aichi Corp. |
20,900 | 80,123 | |||
| Kato Works Co., Ltd. |
13,000 | 29,633 | |||
| Tadano Ltd. |
19,000 | 114,539 | |||
| Total Machinery-Construction & Mining | 224,295 | ||||
| Machinery-Diversified – 3.4% | |||||
| Aida Engineering Ltd. |
19,000 | 76,956 | |||
| Anest Iwata Corp. |
18,000 | 61,885 | |||
| CKD Corp. |
18,900 | 80,467 | |||
| Daifuku Co., Ltd. |
27,000 | 165,054 | |||
| Daihen Corp. |
20,000 | 69,326 | |||
| Ebara Corp. |
76,000 | 196,863 | |||
| Furukawa Co., Ltd. |
133,000 | 182,904 | |||
| Hisaka Works Ltd. |
3,000 | 51,288 | |||
| JUKI Corp. |
32,000 | 52,748 | |||
| Komori Corp. |
15,600 | 206,158 | |||
| Makino Milling Machine Co., Ltd. |
24,000 | 92,912 | |||
| Max Co., Ltd. |
17,000 | 169,736 | |||
| Miura Co., Ltd. |
10,000 | 215,231 | |||
| Nabtesco Corp. |
17,000 | 133,867 | |||
| Nippon Thompson Co., Ltd. |
15,000 | 62,026 | |||
| Nitto Kohki Co., Ltd. |
5,700 | 99,702 | |||
| Obara Corp. |
5,400 | 44,811 | |||
| OKUMA Corp. |
21,000 | 118,288 | |||
| Organo Corp. |
5,000 | 32,968 | |||
| Sintogokio Ltd. |
7,000 | 42,792 | |||
| Tokyo Kikai Seisakusho Ltd. |
22,000 | 43,517 | |||
| Toshiba Machine Co., Ltd. |
22,000 | 74,394 | |||
| Tsubakimoto Chain Co. |
35,000 | 136,156 | |||
| Total Machinery-Diversified | 2,410,049 | ||||
| Metal Fabricate/Hardware – 1.6% | |||||
| Furukawa-Sky Aluminum Corp. |
50,000 | 105,496 | |||
| Kitz Corp. |
33,000 | 150,756 | |||
| MISUMI Group, Inc. |
10,800 | 184,129 | |||
| Nachi-Fujikoshi Corp. |
43,000 | 110,978 | |||
| Nippon Steel Trading Co., Ltd. |
26,000 | 54,858 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 63 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Japan SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Oiles Corp. |
8,352 | $ | 100,068 | ||
| Onoken Co., Ltd. |
7,600 | 80,893 | |||
| Ryobi Ltd. |
44,000 | 116,460 | |||
| Shinsho Corp. |
17,000 | 37,150 | |||
| Tocalo Co., Ltd. |
5,100 | 57,934 | |||
| Toho Zinc Co., Ltd. |
25,000 | 66,171 | |||
| Yamazen Corp. |
27,200 | 79,936 | |||
| Total Metal Fabricate/Hardware | 1,144,829 | ||||
| Mining – 1.9% | |||||
| Chuo Denki Kogyo Co., Ltd. |
4,000 | 32,101 | |||
| Mitsui Mining & Smelting Co., Ltd. |
168,000 | 384,534 | |||
| Nippon Denko Co., Ltd. |
12,000 | 72,905 | |||
| Nippon Light Metal Co., Ltd. |
114,000 | 129,930 | |||
| Pacific Metals Co., Ltd. |
76,000 | 536,900 | |||
| Sumitomo Light Metal Industries Ltd. |
61,000 | 58,032 | |||
| Toho Titanium Co., Ltd. |
6,000 | 89,295 | |||
| Total Mining | 1,303,697 | ||||
| Miscellaneous Manufacturing – 1.8% | |||||
| Amano Corp. |
22,300 | 174,972 | |||
| Bando Chemical Industries Ltd. |
24,000 | 64,654 | |||
| Kureha Corp. |
51,000 | 273,820 | |||
| Mitsuboshi Belting Co., Ltd. |
19,000 | 89,483 | |||
| Nikkiso Co., Ltd. |
15,000 | 75,307 | |||
| Nippon Valqua Industries Ltd. |
24,000 | 56,742 | |||
| Nitta Corp. |
3,600 | 44,388 | |||
| Okamoto Industries, Inc. |
38,000 | 118,476 | |||
| Sekisui Plastics Co., Ltd. |
43,000 | 106,928 | |||
| Shin-Etsu Polymer Co., Ltd. |
13,600 | 65,460 | |||
| Tamron Co., Ltd. |
4,500 | 64,767 | |||
| Tokai Rubber Industries, Inc. |
13,900 | 141,664 | |||
| Total Miscellaneous Manufacturing | 1,276,661 | ||||
| Office Furnishings – 0.4% | |||||
| Kokuyo Co., Ltd. |
17,100 | 132,077 | |||
| Okamura Corp. |
19,000 | 120,087 | |||
| Total Office Furnishings | 252,164 | ||||
| Office/Business Equipment – 0.1% | |||||
| Canon Finetech, Inc. |
7,100 | 72,695 | |||
| Oil & Gas – 0.1% | |||||
| AOC Holdings, Inc. |
8,400 | 65,197 | |||
| Kanto Natural Gas Development Ltd. |
7,000 | 38,110 | |||
| Total Oil & Gas | 103,307 | ||||
| Packaging & Containers – 0.6% | |||||
| Fuji Seal International, Inc. |
4,400 | 70,705 | |||
| Nihon Yamamura Glass Co., Ltd. |
38,000 | 64,428 | |||
| Rengo Co., Ltd. |
43,000 | 287,166 | |||
| Total Packaging & Containers | 422,299 | ||||
| Pharmaceuticals – 3.1% | |||||
| Kaken Pharmaceutical Co., Ltd. |
33,000 | 256,752 | |||
| Kobayashi Pharmaceutical Co., Ltd. |
5,700 | 172,345 | |||
| Kyorin Co., Ltd. |
27,000 | 313,579 | |||
| Miraca Holdings, Inc. |
13,100 | 251,721 | |||
| Investments | Shares | U.S. $ Value | |||
| Mochida Pharmaceutical Co., Ltd. |
21,000 | $ | 214,223 | ||
| Nippon Shinyaku Co., Ltd. |
14,000 | 131,870 | |||
| Sawai Pharmaceutical Co., Ltd. |
2,000 | 78,369 | |||
| Seikagaku Corp. |
14,900 | 143,295 | |||
| SSP Co., Ltd. |
44,000 | 213,441 | |||
| Toho Pharmaceutical Co., Ltd. |
5,400 | 75,635 | |||
| Tsumura & Co. |
7,063 | 178,296 | |||
| ZERIA Pharmaceutical Co., Ltd. |
14,000 | 135,694 | |||
| Total Pharmaceuticals | 2,165,220 | ||||
| Real Estate – 1.0% | |||||
| Arnest One Corp. |
42,900 | 131,733 | |||
| Daikyo, Inc. |
78,000 | 116,083 | |||
| Iida Home Max |
15,200 | 51,113 | |||
| Sankei Building Co., Ltd. (The) |
11,700 | 51,136 | |||
| Sumitomo Real Estate Sales Co., Ltd. |
7,600 | 205,811 | |||
| Tokyu Livable, Inc. |
24,500 | 121,387 | |||
| Total Real Estate | 677,263 | ||||
| Retail – 9.8% | |||||
| ABC-Mart, Inc. |
14,700 | 411,930 | |||
| Alpen Co., Ltd. |
11,200 | 210,359 | |||
| AOKI Holdings, Inc. |
7,600 | 76,741 | |||
| Arcs Co., Ltd. |
16,510 | 202,166 | |||
| ASKUL Corp. |
3,500 | 53,374 | |||
| Belluna Co., Ltd. |
8,400 | 37,187 | |||
| Best Denki Co., Ltd. |
46,000 | 171,149 | |||
| Chiyoda Co., Ltd. |
11,900 | 159,616 | |||
| Circle K Sunkus Co. Ltd. |
22,200 | 366,567 | |||
| Culture Convenience Club Co., Ltd. |
37,300 | 274,748 | |||
| Don Quijote Co., Ltd. |
5,900 | 104,479 | |||
| EDION Corp. |
37,300 | 247,695 | |||
| Doutor Nichires Holdings Co., Ltd. |
1,500 | 22,239 | |||
| Gulliver International Co., Ltd. |
4,170 | 71,212 | |||
| H2O Retailing Group. |
38,000 | 227,288 | |||
| Heiwado Co., Ltd. |
9,500 | 134,672 | |||
| Honeys Co., Ltd. |
9,610 | 43,268 | |||
| Izumi Co., Ltd |
9,100 | 126,002 | |||
| Izumiya Co., Ltd. |
20,000 | 107,945 | |||
| K’s Holdings Corp. |
6,500 | 116,818 | |||
| Kasumi Co., Ltd. |
20,000 | 107,757 | |||
| Keiyo Co., Ltd. |
11,400 | 57,448 | |||
| Kisoji Co., Ltd. |
7,600 | 147,111 | |||
| Kojima Co., Ltd. |
9,000 | 35,181 | |||
| Komeri Co., Ltd. |
7,600 | 212,255 | |||
| Matsumotokiyoshi Holdings Co., Ltd. |
9,500 | 178,788 | |||
| Ministop Co., Ltd. |
8,800 | 158,154 | |||
| Nishimatsuya Chain Co., Ltd. |
6,900 | 64,928 | |||
| Parco Co., Ltd. |
13,300 | 138,305 | |||
| Paris Miki, Inc. |
28,400 | 238,885 | |||
| Plenus Co., Ltd. |
21,400 | 262,851 | |||
| Point, Inc. |
6,810 | 255,940 | |||
| Right On Co., Ltd. |
12,700 | 159,460 | |||
| Royal Holdings Co., Ltd. |
11,900 | 105,364 | |||
| Ryohin Keikaku Co., Ltd. |
6,600 | 319,540 | |||
See Notes to Financial Statements.
| 64 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree Japan SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Saizeriya Co Ltd. |
9,700 | $ | 104,615 | ||
| Seiko Holdings Corp. |
37,000 | 119,889 | |||
| Senshukai Co., Ltd. |
15,000 | 98,196 | |||
| Shimachu Co., Ltd. |
5,700 | 126,708 | |||
| St.Marc Holdings Co., Ltd. |
1,700 | 52,202 | |||
| Sundrug Co., Ltd. |
9,500 | 185,231 | |||
| United Arrows Ltd. |
19,700 | 147,520 | |||
| UNY Co., Ltd. |
27,000 | 268,563 | |||
| Xebio Co., Ltd. |
4,100 | 78,011 | |||
| Zensho Co., Ltd. |
22,800 | 99,649 | |||
| Total Retail | 6,888,006 | ||||
| Semiconductors – 0.7% | |||||
| Epson Toyocom Corp. |
46,000 | 120,021 | |||
| Mimasu Semiconductor Industry Co., Ltd. |
5,300 | 68,743 | |||
| Sanken Electric Co., Ltd. |
22,000 | 90,143 | |||
| Shindengen Electric Manufacturing Co., Ltd. |
16,000 | 33,156 | |||
| Shinko Electric Industries Co., Ltd. |
16,500 | 150,134 | |||
| Total Semiconductors | 462,197 | ||||
| Shipbuilding – 0.1% | |||||
| Sasebo Heavy Industries Co., Ltd. |
25,000 | 47,097 | |||
| Software – 1.9% | |||||
| FUJI SOFT, INC. |
4,500 | 78,373 | |||
| Hitachi Software Engineering Co., Ltd. |
11,700 | 202,668 | |||
| Jastec Co., Ltd. |
12,000 | 61,376 | |||
| Koei Co., Ltd. |
26,000 | 332,823 | |||
| NEC Mobiling Ltd. |
5,700 | 73,287 | |||
| Nihon Unisys Ltd. |
8,000 | 96,755 | |||
| NSD Co., Ltd. |
10,700 | 85,769 | |||
| Sorun Corp. |
9,100 | 40,372 | |||
| Sumisho Computer Systems Corp. |
12,700 | 190,922 | |||
| Trans Cosmos, Inc. |
13,000 | 100,532 | |||
| Zenrin Co., Ltd. |
5,900 | 69,301 | |||
| Total Software | 1,332,178 | ||||
| Storage/Warehousing – 0.5% | |||||
| Mitsui-Soko Co., Ltd. |
33,000 | 146,093 | |||
| Sumitomo Warehouse Co., Ltd. (The) |
53,000 | 208,676 | |||
| Total Storage/Warehousing | 354,769 | ||||
| Telecommunications – 0.8% | |||||
| Daimei Telecom Engineering Corp. |
7,000 | 55,517 | |||
| Denki Kogyo Co., Ltd. |
43,000 | 236,943 | |||
| Hitachi Kokusai Electric, Inc. |
15,000 | 89,012 | |||
| Uniden Corp. |
55,000 | 208,779 | |||
| Total Telecommunications | 590,251 | ||||
| Textiles – 1.0% | |||||
| Japan Vilene Co., Ltd. |
25,000 | 91,603 | |||
| Kurabo Industries Ltd. |
61,000 | 105,148 | |||
| Nitto Boseki Co., Ltd. |
46,000 | 96,623 | |||
| Seiren Co., Ltd. |
7,700 | 37,207 | |||
| Toyobo Co., Ltd. |
203,000 | 332,708 | |||
| Unitika Ltd. |
78,000 | 65,389 | |||
| Total Textiles | 728,678 | ||||
| Investments | Shares | U.S. $ Value | |||
| Toys/Games/Hobbies – 0.2% | |||||
| TOMY Co., Ltd. |
20,600 | $ | 137,573 | ||
| Transportation – 3.2% | |||||
| Daiichi Chuo Kisen Kaisha |
60,000 | 268,450 | |||
| Fukuyama Transporting Co., Ltd. |
32,000 | 119,060 | |||
| Hitachi Transport System Ltd. |
9,600 | 119,090 | |||
| Iino Kaiun Kaisha, Ltd. |
26,700 | 206,729 | |||
| Inui Steamship Co., Ltd. |
8,100 | 77,975 | |||
| Keisei Electric Railway Co., Ltd. |
41,000 | 222,446 | |||
| Kintetsu World Express, Inc. |
3,100 | 50,428 | |||
| Nippon Konpo Unyu Soko Co., Ltd. |
5,000 | 46,155 | |||
| Nishi-Nippon Railroad Co., Ltd. |
81,000 | 269,326 | |||
| Sagami Railway Co., Ltd. |
85,000 | 319,456 | |||
| Sankyu, Inc. |
37,000 | 129,647 | |||
| Seino Holdings Corp. |
36,000 | 167,513 | |||
| Senko Co., Ltd. |
14,000 | 48,924 | |||
| Shinwa Kaiun Kaisha, Ltd. |
42,000 | 162,200 | |||
| Yusen Air & Sea Service Co., Ltd. |
4,000 | 50,337 | |||
| Total Transportation | 2,257,736 | ||||
| TOTAL COMMON STOCKS (Cost: $93,852,906) |
69,484,009 | ||||
| SHORT-TERM INVESTMENT – 0.3% | |||||
| MONEY MARKET FUND – 0.3% | |||||
| United States – 0.3% | |||||
| Columbia Cash Reserves Fund, 2.08%(a) (Cost: $198,895) |
198,895 | 198,895 | |||
| TOTAL INVESTMENTS IN SECURITIES – 98.9% (Cost: $94,051,801)(b) |
69,682,904 | ||||
| Foreign Currency and Other Assets in |
762,371 | ||||
| NET ASSETS – 100.0% | $ | 70,445,275 | |||
| (a) |
Rate shown represents annualized 7-day yield as of September 30, 2008. |
| (b) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 65 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Pacific ex-Japan Total Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 98.5% | |||||
| Australia – 61.3% | |||||
| ABB Grain Ltd. |
8,045 | $ | 50,196 | ||
| ABC Learning Centres Ltd. |
249,162 | 106,131 | |||
| Adelaide Brighton Ltd. |
63,294 | 154,272 | |||
| Aevum Ltd |
10,006 | 13,812 | |||
| AGL Energy Ltd. |
17,025 | 183,982 | |||
| Alesco Corp., Ltd. |
13,589 | 63,457 | |||
| Alumina Ltd. |
55,618 | 134,685 | |||
| Amcor Ltd. |
57,953 | 246,852 | |||
| AMP Ltd. |
158,855 | 874,628 | |||
| APA Group |
40,911 | 98,425 | |||
| APN News & Media Ltd. |
38,711 | 98,018 | |||
| ARB Corp., Ltd. |
8,193 | 25,010 | |||
| Aristocrat Leisure Ltd. |
27,159 | 138,393 | |||
| ASX Ltd. |
11,854 | 281,916 | |||
| Austal Ltd. |
14,367 | 26,972 | |||
| Austbrokers Holdings Ltd. |
28,319 | 96,054 | |||
| Austereo Group Ltd. |
10,071 | 12,671 | |||
| Australia & New Zealand Banking Group Ltd. |
192,485 | 2,846,855 | |||
| Australian Agricultural Co., Ltd. |
19,448 | 41,420 | |||
| Australian Wealth Management Ltd. |
48,404 | 46,008 | |||
| Automotive Holdings Group |
24,590 | 32,780 | |||
| AWB Ltd. |
27,791 | 60,942 | |||
| AXA Asia Pacific Holdings Ltd. |
79,816 | 316,683 | |||
| Babcock & Brown Communities Ltd. |
113,399 | 37,121 | |||
| Babcock & Brown Infrastructure Group |
178,173 | 46,379 | |||
| Babcock & Brown Ltd. |
35,217 | 54,031 | |||
| Babcock & Brown Wind Partners Ltd. |
36,031 | 29,842 | |||
| Bank of Queensland Ltd. |
14,956 | 155,134 | |||
| Beach Petroleum Ltd. |
22,452 | 16,028 | |||
| Becton Property Group |
52,276 | 21,442 | |||
| Bendigo and Adelaide Bank Ltd. |
23,776 | 217,552 | |||
| BHP Billiton Ltd. |
70,334 | 1,719,865 | |||
| Billabong International Ltd. |
13,881 | 150,006 | |||
| BlueScope Steel Ltd. |
51,693 | 298,476 | |||
| Boom Logistics Ltd. |
44,210 | 41,324 | |||
| Boral Ltd. |
36,977 | 178,505 | |||
| Bradken Ltd. |
3,216 | 22,070 | |||
| Brambles Ltd. |
54,792 | 332,794 | |||
| Caltex Australia Ltd. |
9,596 | 93,481 | |||
| Centennial Coal Co., Ltd. |
12,437 | 36,102 | |||
| Challenger Financial Services Group Ltd. |
64,622 | 121,828 | |||
| Coca-Cola Amatil Ltd. |
58,705 | 382,029 | |||
| Cochlear Ltd. |
3,792 | 177,374 | |||
| Coffey International Ltd. |
2,485 | 4,704 | |||
| Commonwealth Bank of Australia |
120,974 | 4,066,986 | |||
| Computershare Ltd. |
25,129 | 184,341 | |||
| ConnectEast Group |
69,060 | 44,397 | |||
| Consolidated Media Holdings Ltd. |
72,661 | 140,995 | |||
| Corporate Express Australia Ltd. |
31,713 | 121,324 | |||
| Count Financial Ltd. |
41,068 | 45,352 | |||
| Crane Group Ltd. |
203 | 1,758 | |||
| Crown Ltd. |
10,606 | 71,111 | |||
| Investments | Shares | U.S. $ Value | |||
| CSL Ltd. |
10,861 | $ | 319,555 | ||
| CSR Ltd. |
67,696 | 132,429 | |||
| David Jones Ltd. |
57,025 | 193,420 | |||
| Downer EDI Ltd. |
24,890 | 123,689 | |||
| DUET Group |
17,467 | 35,547 | |||
| Emeco Holdings Ltd. |
37,311 | 23,545 | |||
| Energy Developments Ltd. |
12,154 | 23,968 | |||
| Energy Resources of Australia Ltd. |
4,918 | 65,948 | |||
| Envestra Ltd. |
109,683 | 56,669 | |||
| FairFax Media Ltd. |
123,855 | 257,920 | |||
| Felix Resources Ltd. |
2,401 | 32,159 | |||
| FKP Property Group |
16,002 | 48,596 | |||
| Fleetwood Corp., Ltd. |
5,335 | 37,243 | |||
| FlexiGroup Ltd. |
165,251 | 61,265 | |||
| Flight Centre Ltd. |
4,589 | 68,740 | |||
| Foster’s Group Ltd. |
128,833 | 560,962 | |||
| Futuris Corp., Ltd. |
112,915 | 125,585 | |||
| Galileo Japan Trust |
102,887 | 22,724 | |||
| Gloucester Coal Ltd. |
1,543 | 11,258 | |||
| Goodman Fielder Ltd. |
130,351 | 142,921 | |||
| GRD Ltd. |
6,367 | 3,315 | |||
| Great Southern Plantations Ltd. |
16,366 | 5,357 | |||
| GUD Holdings Ltd. |
5,148 | 23,958 | |||
| Gunns Ltd. |
49,425 | 45,029 | |||
| GWA International Ltd. |
29,738 | 65,681 | |||
| Harvey Norman Holdings Ltd. |
49,491 | 120,629 | |||
| Hastings Diversified Utilities Fund |
24,149 | 45,526 | |||
| Healthscope Ltd. |
10,444 | 37,896 | |||
| HFA Holdings Ltd. |
41,985 | 20,864 | |||
| Hills Industries Ltd. |
31,403 | 105,523 | |||
| Housewares International Ltd. |
35,231 | 25,567 | |||
| Incitec Pivot Ltd.* |
22,606 | 90,406 | |||
| Independence Group NL |
1,898 | 3,997 | |||
| Insurance Australia Group Ltd. |
199,204 | 644,242 | |||
| Invocare Ltd. |
1,220 | 4,667 | |||
| IOOF Holdings Ltd. |
11,733 | 51,550 | |||
| Iress Market Technology Ltd. |
6,188 | 28,164 | |||
| Leighton Holdings Ltd. |
9,245 | 273,832 | |||
| Lend Lease Corp., Ltd. |
33,779 | 244,600 | |||
| Lion Nathan Ltd. |
35,665 | 260,789 | |||
| MacArthur Coal Ltd. |
1,125 | 9,406 | |||
| Macmahon Holdings Ltd. |
11,692 | 14,848 | |||
| Macquarie Airports |
187,302 | 398,909 | |||
| Macquarie Communications Infrastructure Group |
33,287 | 66,692 | |||
| Macquarie Group Ltd. |
27,050 | 789,471 | |||
| Macquarie Infrastructure Group |
53,298 | 97,116 | |||
| Metcash Ltd. |
46,179 | 144,611 | |||
| Minara Resources Ltd. |
56,102 | 72,133 | |||
| Mincor Resources NL |
3,999 | 3,943 | |||
| Mitchell Communications Group |
23,895 | 10,272 | |||
| Monadelphous Group Ltd. |
4,541 | 42,983 | |||
| Mortgage Choice Ltd. |
106,076 | 83,673 | |||
| National Australia Bank Ltd. |
169,169 | 3,237,269 | |||
| Navitas Ltd. |
28,740 | 51,008 | |||
See Notes to Financial Statements.
| 66 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Pacific ex-Japan Total Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| New Hope Corp. Ltd. |
18,547 | $ | 62,908 | ||
| Nufarm Ltd. |
7,473 | 89,305 | |||
| Oakton Ltd. |
10,467 | 28,897 | |||
| Octaviar Ltd. |
78,603 | 61,382 | |||
| OneSteel Ltd. |
53,177 | 192,952 | |||
| Orica Ltd. |
12,654 | 209,112 | |||
| Origin Energy Ltd. |
22,733 | 288,881 | |||
| Oxiana Ltd. |
88,954 | 112,618 | |||
| Pacific Brands Ltd. |
88,566 | 134,832 | |||
| Peet Ltd. |
23,495 | 41,884 | |||
| Perpetual Ltd. |
4,649 | 171,622 | |||
| Photon Group Ltd. |
16,702 | 34,122 | |||
| Primary Health Care Ltd. |
31,498 | 127,955 | |||
| Qantas Airways Ltd. |
290,123 | 716,298 | |||
| QBE Insurance Group Ltd. |
55,766 | 1,165,688 | |||
| Regional Express Holdings Ltd. |
43,119 | 34,693 | |||
| Reverse Corp., Ltd. |
18,343 | 21,703 | |||
| Rio Tinto Ltd. |
7,862 | 524,031 | |||
| Salmat Ltd. |
18,740 | 45,677 | |||
| Santos Ltd. |
20,662 | 311,295 | |||
| Seek Ltd. |
21,634 | 87,202 | |||
| Select Harvests Ltd. |
1,412 | 5,792 | |||
| Seven Network Ltd. |
20,271 | 100,736 | |||
| Sigma Pharmaceuticals Ltd. |
129,903 | 122,449 | |||
| Sims Group Ltd. |
6,851 | 161,041 | |||
| Sonic Healthcare Ltd. |
14,022 | 144,893 | |||
| SP AusNet |
63,559 | 52,141 | |||
| Spark Infrastructure Group |
55,205 | 63,141 | |||
| Specialty Fashion Group Ltd. |
26,412 | 14,167 | |||
| St.George Bank Ltd. |
43,862 | 989,513 | |||
| Straits Resources Ltd. |
4,296 | 8,235 | |||
| STW Communications Group Ltd. |
42,997 | 38,834 | |||
| Suncorp-Metway Ltd. |
94,133 | 690,545 | |||
| Sunland Group Ltd. |
24,687 | 46,930 | |||
| Super Cheap Auto Group Ltd. |
3,173 | 6,182 | |||
| TABCORP Holdings Ltd. |
56,650 | 361,059 | |||
| Tatts Group Ltd. |
124,009 | 232,808 | |||
| Telstra Corp., Ltd. |
954,686 | 3,147,777 | |||
| Ten Network Holdings Ltd. |
66,282 | 83,653 | |||
| Timbercorp Ltd. |
69,460 | 33,696 | |||
| Toll Holdings Ltd. |
39,076 | 213,913 | |||
| Tower Australia Group Ltd. |
4,971 | 11,214 | |||
| Transfield Services Ltd. |
17,524 | 104,916 | |||
| Transpacific Industries Group Ltd. |
7,635 | 42,157 | |||
| Transurban Group |
109,125 | 480,314 | |||
| Trinity Group |
47,651 | 25,183 | |||
| United Group Ltd. |
14,417 | 144,881 | |||
| UXC Ltd. |
14,773 | 10,896 | |||
| Vision Group Holdings Ltd. |
8,478 | 7,891 | |||
| Washington H. Soul Pattinson & Co., Ltd. |
23,320 | 198,664 | |||
| Wesfarmers Ltd. |
26,676 | 599,278 | |||
| Wesfarmers Ltd. Price Protected Shares |
22,091 | 491,397 | |||
| West Australian Newspapers Holdings Ltd. |
21,354 | 151,596 | |||
| Westpac Banking Corp. |
166,465 | 2,820,489 | |||
| Investments | Shares | U.S. $ Value | |||
| Westpac Office Trust |
7,978 | $ | 2,234 | ||
| WHK Group Ltd. |
76,414 | 62,686 | |||
| Woodside Petroleum Ltd. |
17,395 | 699,780 | |||
| Woolworths Ltd. |
55,788 | 1,196,951 | |||
| WorleyParsons Ltd. |
4,476 | 106,979 | |||
| Total Australia | 42,368,650 | ||||
| Hong Kong – 22.4% | |||||
| Bank of East Asia Ltd. |
73,816 | 228,169 | |||
| Beijing Enterprises Holdings Ltd. |
15,004 | 56,040 | |||
| BOC Hong Kong (Holdings) Ltd. |
503,891 | 882,613 | |||
| Cathay Pacific Airways Ltd. |
125,000 | 210,900 | |||
| Cheung Kong (Holdings) Ltd. |
55,015 | 611,132 | |||
| China Merchants Holdings (International) Co., Ltd. |
34,009 | 106,876 | |||
| China Mobile Ltd. |
374,613 | 3,710,257 | |||
| China Netcom Group Corp. Ltd. |
178,004 | 393,865 | |||
| China Overseas Land & Investment Ltd. |
84,026 | 99,563 | |||
| China Power International Development Ltd. |
153,000 | 31,135 | |||
| China Resources Enterprise, Ltd. |
52,009 | 124,457 | |||
| China Resources Power Holdings Co., Ltd. |
54,017 | 115,348 | |||
| China Travel International Investment Hong Kong Ltd. |
106,052 | 23,630 | |||
| China Unicom Ltd. |
182,047 | 271,511 | |||
| Chong Hing Bank Ltd. |
22,000 | 39,668 | |||
| CITIC Pacific Ltd. |
96,026 | 275,796 | |||
| CLP Holdings Ltd. |
127,031 | 1,020,096 | |||
| CNOOC Ltd. |
1,034,140 | 1,178,740 | |||
| Cross-Harbour Holdings Ltd. |
4,000 | 3,235 | |||
| Dah Sing Banking Group Ltd. |
35,604 | 36,547 | |||
| Dah Sing Financial Holdings Ltd. |
11,600 | 48,406 | |||
| Denway Motors Ltd. |
240,052 | 74,820 | |||
| Fubon Bank (Hong Kong) Ltd. |
12,000 | 4,637 | |||
| Guangdong Investment Ltd. |
184,039 | 42,666 | |||
| Guangzhou Investment Co., Ltd. |
470,022 | 44,797 | |||
| Hang Seng Bank Ltd. |
76,627 | 1,424,108 | |||
| Hong Kong & China Gas Co., Ltd. (The) |
105,539 | 238,689 | |||
| Hong Kong Aircraft Engineering Co., Ltd. |
4,799 | 54,700 | |||
| Hong Kong Exchanges and Clearing Ltd. |
38,804 | 465,287 | |||
| Hongkong & Shanghai Hotels Ltd. (The) |
62,506 | 60,539 | |||
| HongKong Electric Holdings Ltd. |
114,025 | 712,257 | |||
| Hopewell Holdings Ltd. |
42,006 | 150,401 | |||
| Hutchison Whampoa Ltd. |
95,000 | 719,442 | |||
| Industrial & Commercial Bank of China Ltd. |
42,015 | 75,325 | |||
| Lenovo Group Ltd. |
252,000 | 108,728 | |||
| MTR Corp. |
100,030 | 291,806 | |||
| New World Development Ltd. |
96,022 | 104,501 | |||
| Next Media Ltd. |
268,000 | 65,582 | |||
| PCCW Ltd. |
283,054 | 116,658 | |||
| Shanghai Industrial Holdings Ltd. |
29,006 | 65,376 | |||
| Shaw Brothers (Hong Kong) Ltd. |
32,006 | 46,086 | |||
| Shenzhen Investment Ltd. |
296,000 | 43,079 | |||
| Sino Land Co., Ltd. |
130,022 | 142,341 | |||
| Sun Hung Kai & Co., Ltd. |
67,000 | 30,202 | |||
| Sun Hung Kai Properties Ltd. |
53,000 | 535,164 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 67 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Pacific ex-Japan Total Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Techtronic Industries Co. |
16,500 | $ | 15,024 | ||
| Television Broadcasts Ltd. |
12,002 | 50,547 | |||
| Tianjin Development Holdings Ltd. |
14,000 | 5,590 | |||
| Vitasoy International Holdings Ltd. |
82,000 | 35,591 | |||
| Wharf (Holdings) Ltd. (The) |
67,017 | 187,732 | |||
| Wing Hang Bank Ltd. |
11,002 | 83,673 | |||
| Wing Lung Bank Ltd. |
704 | 14,063 | |||
| Total Hong Kong | 15,477,395 | ||||
| New Zealand – 2.7% | |||||
| Air New Zealand Ltd. |
209,841 | 133,145 | |||
| Auckland International Airport Ltd. |
94,341 | 122,870 | |||
| Contact Energy Ltd. |
27,704 | 144,697 | |||
| Fisher & Paykel Appliances Holdings Ltd. |
26,685 | 28,517 | |||
| Fisher & Paykel Healthcare Corp. |
16,197 | 31,697 | |||
| Fletcher Building Ltd. |
49,389 | 219,363 | |||
| Freightways Ltd. |
11,459 | 24,491 | |||
| Infratil Ltd. |
25,654 | 34,440 | |||
| Mainfreight Ltd. |
5,080 | 21,715 | |||
| New Zealand Refining Co., Ltd. (The) |
38,174 | 165,727 | |||
| Northern Crest Investments Ltd. |
119,726 | 8,500 | |||
| Nuplex Industries Ltd. |
10,523 | 41,467 | |||
| PGG Wrightson Ltd. |
19,623 | 20,970 | |||
| Port of Tauranga Ltd. |
8,956 | 39,479 | |||
| Pumpkin Patch Ltd. |
99,081 | 85,367 | |||
| Ryman Healthcare Ltd. |
19,899 | 21,398 | |||
| Sky City Entertainment Group Ltd. |
28,752 | 70,285 | |||
| Sky Network Television Ltd |
6,839 | 19,048 | |||
| Telecom Corp. of New Zealand Ltd. |
267,803 | 488,303 | |||
| Tower Ltd. |
6,165 | 7,206 | |||
| TrustPower Ltd. |
1,152 | 6,040 | |||
| Vector Ltd. |
87,311 | 121,878 | |||
| Warehouse Group Ltd. |
12,802 | 25,822 | |||
| Total New Zealand | 1,882,425 | ||||
| Singapore – 12.1% | |||||
| Ascott Residence Trust |
62,000 | 30,573 | |||
| Asia Environment Holdings Ltd. |
40,000 | 5,875 | |||
| Banyan Tree Holdings Ltd. |
34,000 | 20,927 | |||
| Cambridge Industrial Trust |
74,000 | 22,515 | |||
| CapitaLand Ltd. |
53,000 | 113,436 | |||
| CapitaRetail China Trust |
27,000 | 13,597 | |||
| CH Offshore Ltd. |
7,000 | 2,522 | |||
| Chip Eng Seng Corp. Ltd. |
45,000 | 7,082 | |||
| City Developments Ltd. |
18,000 | 110,667 | |||
| ComfortDelgro Corp., Ltd. |
126,000 | 131,314 | |||
| Cosco Corp. (Singapore) Ltd. |
31,000 | 32,524 | |||
| Creative Technology Ltd. |
1,150 | 4,062 | |||
| CWT Ltd. |
17,000 | 5,945 | |||
| DBS Group Holdings Ltd. |
104,000 | 1,220,620 | |||
| First Real Estate Investment Trust |
87,000 | 37,120 | |||
| First Ship Lease Trust |
14,000 | 8,274 | |||
| FJ Benjamin Holdings Ltd. |
246,000 | 50,759 | |||
| Fraser and Neave Ltd. |
44,070 | 109,428 | |||
| Frasers Centrepoint Trust |
41,000 | 23,515 | |||
| Investments | Shares | U.S. $ Value | |||
| Fraser Commercial Trust |
159,000 | $ | 56,162 | ||
| Guocoland Ltd. |
49,000 | 62,719 | |||
| Hi-P International Ltd. |
93,000 | 24,718 | |||
| Ho Bee Investment Ltd. |
87,000 | 36,815 | |||
| Hong Leong Asia Ltd. |
24,000 | 15,696 | |||
| Hotel Plaza Ltd. |
35,000 | 33,049 | |||
| Hotel Properties Ltd. |
21,000 | 19,829 | |||
| HupSteel Ltd. |
56,000 | 9,988 | |||
| Jardine Cycle & Carriage Ltd. |
10,250 | 111,842 | |||
| Jaya Holdings Ltd. |
48,000 | 34,581 | |||
| K1 Ventures Ltd. |
185,000 | 28,468 | |||
| Keppel Land Ltd. |
22,000 | 43,548 | |||
| Keppel Telecommunications & Transportation Ltd. |
24,000 | 27,698 | |||
| K-REIT Asia |
51,000 | 34,245 | |||
| KS Energy Services Ltd. |
30,000 | 31,265 | |||
| Macarthurcook Industrial Real Estate Investment Trust |
66,000 | 22,620 | |||
| Midas Holdings Ltd. |
71,000 | 20,609 | |||
| MobileOne Ltd. |
66,000 | 84,018 | |||
| Neptune Orient Lines Ltd. |
62,000 | 77,625 | |||
| Orchard Parade Holdings Ltd. |
18,000 | 8,813 | |||
| Oversea-Chinese Banking Corp. Ltd. |
104,000 | 521,564 | |||
| Pacific Century Regional Developments Ltd. |
153,000 | 26,754 | |||
| Parkway Holdings Ltd. |
49,000 | 64,433 | |||
| Petra Foods Ltd. |
35,720 | 21,986 | |||
| Raffles Education Corp., Ltd. |
65,000 | 32,507 | |||
| Rickmers Maritime |
77,000 | 45,240 | |||
| SBS Transit Ltd. |
45,500 | 60,467 | |||
| SC Global Developments Ltd. |
16,000 | 7,666 | |||
| SembCorp Industries Ltd. |
48,000 | 108,442 | |||
| SembCorp Marine Ltd. |
79,800 | 166,890 | |||
| SIA Engineering Co., Ltd. |
34,000 | 54,221 | |||
| Singapore Airlines Ltd. |
42,400 | 421,716 | |||
| Singapore Airport Terminal Services Ltd. |
78,000 | 88,928 | |||
| Singapore Exchange Ltd. |
54,000 | 231,531 | |||
| Singapore Petroleum Co., Ltd. |
26,000 | 84,745 | |||
| Singapore Post Ltd. |
114,000 | 76,149 | |||
| Singapore Press Holdings Ltd. |
86,000 | 239,407 | |||
| Singapore Technologies Engineering Ltd. |
93,000 | 174,981 | |||
| Singapore Telecommunications Ltd. |
863,450 | 1,962,798 | |||
| SMRT Corp., Ltd. |
89,000 | 123,257 | |||
| StarHub Ltd. |
88,080 | 158,947 | |||
| Straits Trading Co., Ltd. |
14,000 | 35,056 | |||
| United Engineers Ltd. |
18,000 | 21,529 | |||
| United Overseas Bank Ltd. |
61,000 | 716,794 | |||
| UOB-Kay Hian Holdings Ltd. |
90,000 | 78,688 | |||
| Venture Corp., Ltd. |
11,000 | 59,243 | |||
| WBL Corp., Ltd. |
14,000 | 30,356 | |||
| Wilmar International Ltd. |
6,000 | 10,534 | |||
| Wing Tai Holdings Ltd. |
58,000 | 38,134 | |||
| Total Singapore | 8,398,026 | ||||
| TOTAL COMMON STOCKS (Cost: $97,431,334) |
68,126,496 | ||||
See Notes to Financial Statements.
| 68 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree Pacific ex-Japan Total Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| WARRANTS* – 0.0% | |||||
| Australia – 0.0% | |||||
| Beach Petroleum Ltd., expiring 6/30/10 (Cost: $0) |
2,798 | $ | 154 | ||
| TOTAL LONG-TERM INVESTMENTS (Cost: $97,431,334) |
68,126,650 | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.0% | |||||
| MUTUAL FUND(a) – 0.0% | |||||
| UBS Private Money Market Fund LLC, 3.01% (Cost: $503)(b) |
503 | 503 | |||
| TOTAL INVESTMENTS IN SECURITIES – 98.5% (Cost: $97,431,837)(c) |
68,127,153 | ||||
| Foreign Currency and Other Assets in |
1,037,801 | ||||
| NET ASSETS – 100.0% | $ | 69,164,954 | |||
| * | Non-income producing security. |
| (a) |
Interest rates shown reflects yield as of September 30, 2008. |
| (b) |
At September 30, 2008, the total market value of the Fund’s securities on loan was $0 and the total market value of the collateral held by the Fund was $503. |
| (c) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 69 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Pacific ex-Japan High-Yielding Equity Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 97.4% | |||||
| Australia – 88.0% | |||||
| ABC Learning Centres Ltd. |
220,861 | $ | 94,076 | ||
| Alesco Corp., Ltd. |
25,886 | 120,880 | |||
| AMP Ltd. |
220,938 | 1,216,446 | |||
| APA Group |
82,764 | 199,117 | |||
| APN News & Media Ltd. |
79,386 | 201,009 | |||
| ASX Ltd. |
19,972 | 474,981 | |||
| Austereo Group Ltd. |
86,287 | 108,561 | |||
| Australia & New Zealand Banking Group Ltd. |
209,696 | 3,101,405 | |||
| Australian Wealth Management Ltd. |
128,541 | 122,179 | |||
| Automotive Holdings Group |
22,454 | 29,933 | |||
| Babcock & Brown Communities Ltd. |
75,331 | 24,660 | |||
| Babcock & Brown Infrastructure Group |
371,127 | 96,606 | |||
| Becton Property Group |
14,498 | 5,947 | |||
| Bendigo and Adelaide Bank Ltd. |
31,987 | 292,684 | |||
| Boral Ltd. |
72,032 | 347,731 | |||
| Caltex Australia Ltd. |
32,975 | 321,232 | |||
| Challenger Financial Services Group Ltd. |
109,629 | 206,676 | |||
| Coffey International Ltd. |
15,552 | 29,442 | |||
| Commonwealth Bank of Australia |
109,583 | 3,684,034 | |||
| ConnectEast Group |
241,124 | 155,012 | |||
| Consolidated Media Holdings Ltd. |
141,180 | 273,953 | |||
| Corporate Express Australia Ltd. |
28,201 | 107,888 | |||
| Crane Group Ltd. |
11,799 | 102,192 | |||
| CSR Ltd. |
130,533 | 255,352 | |||
| David Jones Ltd. |
95,099 | 322,561 | |||
| DWS Advanced Business Solutions Ltd. |
23,399 | 18,457 | |||
| Envestra Ltd. |
260,381 | 134,530 | |||
| FairFax Media Ltd. |
194,326 | 404,671 | |||
| Foster’s Group Ltd. |
171,635 | 747,328 | |||
| Futuris Corp., Ltd. |
162,108 | 180,298 | |||
| Galileo Japan Trust |
27,255 | 6,020 | |||
| Goodman Fielder Ltd. |
235,736 | 258,469 | |||
| Great Southern Plantations Ltd. |
75,005 | 24,553 | |||
| GUD Holdings Ltd. |
18,674 | 86,907 | |||
| Gunns Ltd. |
68,646 | 62,541 | |||
| GWA International Ltd. |
63,505 | 140,260 | |||
| Hastings Diversified Utilities Fund |
66,812 | 125,956 | |||
| Hills Industries Ltd. |
49,520 | 166,402 | |||
| Insurance Australia Group Ltd. |
279,097 | 902,622 | |||
| IOOF Holdings Ltd. |
7,194 | 31,608 | |||
| Lend Lease Corp. Ltd. |
58,307 | 422,212 | |||
| Macquarie Airports |
281,932 | 600,448 | |||
| Macquarie Communications Infrastructure Group |
67,830 | 135,901 | |||
| Macquarie Group Ltd. |
36,054 | 1,052,258 | |||
| Macquarie Media Group Ltd. |
46,741 | 97,704 | |||
| Minara Resources Ltd. |
123,333 | 158,575 | |||
| National Australia Bank Ltd. |
160,421 | 3,069,864 | |||
| Oakton Ltd. |
10,163 | 28,058 | |||
| Octaviar Ltd. |
85,869 | 67,056 | |||
| Pacific Brands Ltd. |
115,966 | 176,545 | |||
| Peet Ltd. |
70,450 | 125,590 | |||
| Investments | Shares | U.S. $ Value | |||
| Perpetual Ltd. |
7,374 | $ | 272,218 | ||
| Photon Group Ltd. |
11,308 | 23,102 | |||
| Primary Health Care Ltd. |
56,429 | 229,233 | |||
| Prime Media Group Ltd. |
16,010 | 28,288 | |||
| Qantas Airways Ltd. |
370,908 | 915,751 | |||
| Salmat Ltd. |
14,279 | 34,804 | |||
| Service Stream Ltd. |
19,612 | 16,398 | |||
| Sigma Pharmaceuticals Ltd. |
178,994 | 168,723 | |||
| Skilled Group Ltd. |
16,553 | 37,865 | |||
| SMS Managmnet & Technology Ltd. |
6,698 | 17,541 | |||
| Spark Infrastructure Group |
174,112 | 199,142 | |||
| Spotless Group Ltd. |
22,993 | 59,489 | |||
| St.George Bank Ltd. |
61,681 | 1,391,504 | |||
| STW Communications Group Ltd. |
30,692 | 27,720 | |||
| Suncorp-Metway Ltd. |
123,309 | 904,575 | |||
| Sunland Group Ltd. |
67,760 | 128,812 | |||
| TABCORP Holdings Ltd. |
85,801 | 546,853 | |||
| Tatts Group Ltd. |
200,700 | 376,783 | |||
| Telstra Corp. Ltd. |
956,625 | 3,154,170 | |||
| Timbercorp Ltd. |
51,615 | 25,039 | |||
| Transurban Group |
163,496 | 719,629 | |||
| Trinity Group |
29,802 | 15,750 | |||
| UXC Ltd. |
32,101 | 23,675 | |||
| Wesfarmers Ltd. |
56,684 | 1,273,407 | |||
| West Australian Newspapers Holdings Ltd. |
32,676 | 231,974 | |||
| Westpac Banking Corp. |
193,826 | 3,284,077 | |||
| WHK Group Ltd. |
25,107 | 20,597 | |||
| Total Australia | 35,246,509 | ||||
| Hong Kong – 1.4% | |||||
| Champion Real Estate Investment Trust |
535,727 | 218,035 | |||
| Henderson Investment Ltd. |
1,675,000 | 77,663 | |||
| Prosperity Real Estate Investment Trust |
132,350 | 22,841 | |||
| Regal Real Estate Investment Trust |
745,158 | 110,367 | |||
| Shenzhen Investment Ltd. |
578,346 | 84,171 | |||
| Sunlight Real Estate Investment Trust |
187,620 | 39,146 | |||
| Total Hong Kong | 552,223 | ||||
| New Zealand – 5.7% | |||||
| Air New Zealand Ltd. |
258,458 | 163,993 | |||
| Auckland International Airport Ltd. |
169,943 | 221,335 | |||
| Fisher & Paykel Appliances Holdings Ltd. |
93,056 | 99,443 | |||
| Fisher & Paykel Healthcare Corp. |
94,537 | 185,004 | |||
| Fletcher Building Ltd. |
81,854 | 363,557 | |||
| Freightways Ltd. |
15,661 | 33,472 | |||
| Nuplex Industries Ltd. |
8,466 | 33,361 | |||
| PGG Wrightson Ltd. |
24,068 | 25,720 | |||
| Pumpkin Patch Ltd. |
16,516 | 14,230 | |||
| Sky City Entertainment Group Ltd. |
94,100 | 230,029 | |||
| Telecom Corp. of New Zealand Ltd. |
357,146 | 651,208 | |||
| Vector Ltd. |
168,975 | 235,874 | |||
| Total New Zealand | 2,257,226 | ||||
| Singapore – 2.3% | |||||
| Cambridge Industrial Trust |
76,079 | 23,148 | |||
| ComfortDelgro Corp., Ltd. |
237,565 | 247,585 | |||
See Notes to Financial Statements.
| 70 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree Pacific ex-Japan High-Yielding Equity Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Fraser Commercial Trust |
75,247 | $ | 26,579 | ||
| Jaya Holdings Ltd. |
139,000 | 100,140 | |||
| Kim Eng Holdings Ltd. |
125,000 | 105,791 | |||
| Rickmers Maritime |
39,000 | 22,914 | |||
| Singapore Petroleum Co., Ltd. |
73,416 | 239,294 | |||
| Stamford Land Corp. Ltd. |
82,000 | 21,508 | |||
| UOB Kay Hian Holdings Ltd. |
160,000 | 139,889 | |||
| Total Singapore | 926,848 | ||||
| TOTAL COMMON STOCKS (Cost: $56,146,298) |
38,982,806 | ||||
| SHORT-TERM INVESTMENT – 0.6% | |||||
| MONEY MARKET FUND – 0.6% | |||||
| United States – 0.6% | |||||
| Columbia Cash Reserves Fund, 2.08%(a) (Cost: $254,715) |
254,715 | 254,715 | |||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.0% | |||||
| MONEY MARKET FUND | |||||
| UBS Private Money Market Fund LLC, 3.01%(b) (Cost: $1,585)(c) |
1,585 | 1,585 | |||
| TOTAL INVESTMENTS IN SECURITIES – 98.0% (Cost: $56,402,598)(d) |
39,239,106 | ||||
| Foreign Currency and Other Assets in |
797,862 | ||||
| NET ASSETS – 100.0% | $ | 40,036,968 | |||
| (a) |
Rate shown represents annualized 7-day yield as of September 30, 2008. |
| (b) |
Interest rate shown reflects yield as of September 30, 2008. |
| (c) |
At September 30, 2008, the total market value of the Fund’s securities on loan was $0 and the total market value of the collateral held by the Fund was $1,585. |
| (d) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 71 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International LargeCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 97.9% | |||||
| Australia – 7.2% | |||||
| AMP Ltd. |
52,454 | $ | 288,803 | ||
| Australia & New Zealand Banking Group Ltd. |
64,728 | 957,327 | |||
| BHP Billiton Ltd. |
31,044 | 759,112 | |||
| Commonwealth Bank of Australia |
41,335 | 1,389,628 | |||
| Leighton Holdings Ltd. |
1,884 | 55,803 | |||
| Macquarie Group Ltd. |
9,224 | 269,208 | |||
| National Australia Bank Ltd. |
57,664 | 1,103,475 | |||
| QBE Insurance Group Ltd. |
19,723 | 412,274 | |||
| Rio Tinto Ltd. |
4,166 | 277,679 | |||
| St.George Bank Ltd. |
15,230 | 343,584 | |||
| Suncorp-Metway Ltd. |
34,189 | 250,805 | |||
| Telstra Corp. Ltd. |
381,925 | 1,259,277 | |||
| Wesfarmers Ltd. |
12,515 | 281,150 | |||
| Westpac Banking Corp. |
56,396 | 955,542 | |||
| Woodside Petroleum Ltd. |
5,578 | 224,396 | |||
| Woolworths Ltd. |
22,507 | 482,896 | |||
| Total Australia | 9,310,959 | ||||
| Austria – 0.1% | |||||
| Bank Austria Creditanstalt AG(a) |
1,715 | — | |||
| Erste Bank der oesterreichischen Sparkassen AG |
1,185 | 57,342 | |||
| OMV AG |
1,868 | 76,959 | |||
| Raiffeisen International Bank Holding AG |
350 | 24,567 | |||
| Voestalpine AG |
1,033 | 31,559 | |||
| Total Austria | 190,427 | ||||
| Belgium – 1.4% | |||||
| Belgacom S.A. |
10,566 | 393,078 | |||
| Dexia N.V. |
34,876 | 367,414 | |||
| InBev N.V. |
8,974 | 527,344 | |||
| KBC Groep N.V. |
5,597 | 469,587 | |||
| Total Belgium | 1,757,423 | ||||
| Denmark – 0.4% | |||||
| Danske Bank A/S |
11,664 | 273,934 | |||
| Novo-Nordisk A/S Class B |
6,009 | 306,570 | |||
| Total Denmark | 580,504 | ||||
| Finland – 1.3% | |||||
| Fortum Oyj |
15,325 | 507,589 | |||
| Nokia Oyj |
47,177 | 854,847 | |||
| Sampo Oyj Class A |
12,689 | 281,969 | |||
| Total Finland | 1,644,405 | ||||
| France – 18.0% | |||||
| Accor S.A. |
3,460 | 181,646 | |||
| Air Liquide S.A. |
3,365 | 365,913 | |||
| Alstom S.A. |
157 | 11,636 | |||
| AXA S.A. |
54,989 | 1,768,417 | |||
| BNP Paribas |
24,868 | 2,308,230 | |||
| Bouygues S.A. |
5,110 | 227,894 | |||
| Carrefour S.A. |
8,197 | 381,111 | |||
| Christian Dior S.A. |
1,878 | 139,995 | |||
| Cie de Saint-Gobain S.A. |
8,947 | 454,248 | |||
| Investments | Shares | U.S. $ Value | |||
| Cie Generale d’Optique Essilor International S.A. |
608 | $ | 29,985 | ||
| CNP Assurances S.A. |
3,089 | 344,774 | |||
| Compagnie Generale des Etablissements Michelin Class B |
3,160 | 201,739 | |||
| Credit Agricole S.A. |
78,926 | 1,486,124 | |||
| Electricite de France |
16,012 | 1,145,592 | |||
| Eramet |
47 | 17,594 | |||
| France Telecom S.A. |
79,543 | 2,212,257 | |||
| GDF Suez |
24,979 | 1,280,667 | |||
| Groupe Danone |
5,849 | 410,790 | |||
| Hermes International |
212 | 34,099 | |||
| Lafarge S.A. |
2,577 | 267,104 | |||
| L’Oreal S.A. |
6,749 | 656,489 | |||
| LVMH Moet Hennessy Louis Vuitton S.A. |
5,251 | 455,457 | |||
| Natixis |
33,791 | 108,694 | |||
| Pernod-Ricard S.A. |
496 | 43,043 | |||
| Peugeot S.A. |
5,261 | 194,871 | |||
| PPR |
3,284 | 289,158 | |||
| Renault S.A. |
9,484 | 593,548 | |||
| Sanofi-Aventis |
29,056 | 1,899,868 | |||
| Schneider Electric S.A. |
4,226 | 357,617 | |||
| Societe Generale |
5,174 | 450,595 | |||
| TOTAL S.A. |
50,232 | 3,004,377 | |||
| Vallourec |
806 | 171,022 | |||
| Veolia Environnement S.A. |
7,814 | 316,820 | |||
| VINCI S.A. |
7,899 | 365,924 | |||
| Vivendi S.A. |
29,924 | 925,561 | |||
| Total France | 23,102,859 | ||||
| Germany – 9.1% | |||||
| Allianz SE |
6,739 | 911,381 | |||
| BASF SE |
15,515 | 735,519 | |||
| Bayer AG |
8,943 | 650,701 | |||
| Bayerische Motoren Werke AG |
4,943 | 189,480 | |||
| Commerzbank AG |
11,171 | 163,190 | |||
| Continental AG* |
1,238 | 122,770 | |||
| Daimler AG |
14,744 | 733,140 | |||
| Deutsche Bank AG |
12,620 | 878,091 | |||
| Deutsche Boerse AG |
2,018 | 181,045 | |||
| Deutsche Post AG |
19,747 | 409,962 | |||
| Deutsche Postbank AG |
689 | 25,802 | |||
| Deutsche Telekom AG |
121,267 | 1,834,537 | |||
| E.ON AG |
29,247 | 1,461,691 | |||
| MAN AG |
1,768 | 117,466 | |||
| Merck KGAA |
1,235 | 130,800 | |||
| Metro AG |
1,882 | 93,925 | |||
| Muenchener Rueckversicherungs-Gesellshaft AG |
3,432 | 512,013 | |||
| RWE AG |
7,439 | 705,321 | |||
| SAP AG |
4,470 | 236,522 | |||
| Siemens AG |
8,213 | 758,517 | |||
| ThyssenKrupp AG |
6,762 | 199,748 | |||
| Volkswagen AG |
1,743 | 680,653 | |||
| Total Germany | 11,732,274 | ||||
See Notes to Financial Statements.
| 72 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree International LargeCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Hong Kong – 3.6% | |||||
| BOC Hong Kong (Holdings) Ltd. |
234,471 | $ | 410,698 | ||
| Cheung Kong (Holdings) Ltd. |
24,786 | 275,334 | |||
| China Mobile Ltd. |
134,419 | 1,331,318 | |||
| China Netcom Group Corp. Ltd. |
34,500 | 76,337 | |||
| China Unicom Ltd. |
100,110 | 149,307 | |||
| CLP Holdings Ltd. |
41,610 | 334,140 | |||
| CNOOC Ltd. |
330,529 | 376,745 | |||
| Hang Seng Bank Ltd. |
44,195 | 821,362 | |||
| Hong Kong & China Gas Co., Ltd. |
722 | 1,633 | |||
| Hong Kong Exchanges and Clearing Ltd. |
8,900 | 106,717 | |||
| Hutchison Whampoa Ltd. |
52,110 | 394,633 | |||
| Sun Hung Kai Properties Ltd. |
28,442 | 287,191 | |||
| Total Hong Kong | 4,565,415 | ||||
| Ireland – 0.3% | |||||
| Allied Irish Banks PLC |
29,928 | 248,026 | |||
| CRH PLC |
6,350 | 133,793 | |||
| Total Ireland | 381,819 | ||||
| Italy – 7.4% | |||||
| Assicurazioni Generali SpA |
12,300 | 403,941 | |||
| Atlantia SpA |
5,481 | 111,403 | |||
| Banca Monte dei Paschi di Siena SpA |
284,200 | 694,611 | |||
| Edison SpA |
17,969 | 29,455 | |||
| Enel SpA |
205,542 | 1,700,528 | |||
| ENI SpA |
86,982 | 2,272,535 | |||
| Fiat SpA |
9,931 | 130,708 | |||
| Intesa Sanpaolo SpA |
357,176 | 1,929,065 | |||
| Mediobanca SpA |
27,672 | 369,066 | |||
| Telecom Italia SpA |
429,597 | 634,812 | |||
| UniCredit SpA |
261,527 | 954,202 | |||
| Unione di Banche Italiane SCPA |
14,930 | 323,379 | |||
| Total Italy | 9,553,705 | ||||
| Japan – 8.2% | |||||
| Asahi Glass Co., Ltd. |
2,000 | 17,256 | |||
| Astellas Pharma, Inc. |
5,100 | 209,928 | |||
| Bridgestone Corp. |
9,300 | 171,695 | |||
| Canon, Inc. |
8,500 | 305,845 | |||
| Chubu Electric Power Co., Inc. |
6,400 | 149,805 | |||
| Daiichi Sankyo Co., Ltd. |
7,600 | 192,926 | |||
| DENSO Corp. |
8,000 | 191,400 | |||
| Fanuc Ltd. |
2,400 | 174,973 | |||
| Fujitsu Ltd. |
16,000 | 87,863 | |||
| Hitachi Ltd. |
26,000 | 175,840 | |||
| Honda Motor Co., Ltd. |
11,400 | 331,804 | |||
| Japan Tobacco, Inc. |
30 | 111,336 | |||
| JFE Holdings, Inc. |
3,800 | 113,823 | |||
| Kansai Electric Power Co., Inc. (The) |
7,400 | 163,802 | |||
| Kao Corp. |
4,000 | 106,438 | |||
| KDDI Corp. |
58 | 321,782 | |||
| Komatsu Ltd. |
8,000 | 126,219 | |||
| Mitsubishi Corp. |
8,400 | 170,508 | |||
| Mitsubishi Electric Corp. |
24,000 | 156,210 | |||
| Investments | Shares | U.S. $ Value | |||
| Mitsubishi Estate Co., Ltd. |
3,220 | $ | 60,964 | ||
| Mitsubishi Heavy Industries Ltd. |
15,000 | 63,015 | |||
| Mitsubishi UFJ Financial Group, Inc. |
31,200 | 262,437 | |||
| Mitsui & Co., Ltd. |
7,000 | 84,265 | |||
| Mitsui Fudosan Co., Ltd. |
2,220 | 41,006 | |||
| Mitsui O.S.K. Lines Ltd. |
7,000 | 58,287 | |||
| Mitsui Sumitomo Insurance Group Holdings, Inc. |
8,109 | 266,570 | |||
| Mizuho Financial Group, Inc. |
69 | 287,270 | |||
| Nippon Steel Corp. |
73,000 | 266,105 | |||
| Nippon Telegraph & Telephone Corp. |
172 | 759,836 | |||
| Nissan Motor Co., Ltd. |
60,000 | 393,915 | |||
| Nomura Holdings, Inc. |
26,700 | 333,483 | |||
| NTT DoCoMo, Inc. |
359 | 567,759 | |||
| Panasonic Corp. |
8,000 | 135,261 | |||
| Ricoh Co., Ltd. |
2,000 | 27,259 | |||
| Seven & I Holdings Co., Ltd. |
13,000 | 366,740 | |||
| Sharp Corp. |
3,000 | 31,818 | |||
| SOFTBANK CORP. |
9,000 | 113,851 | |||
| Sony Corp. |
2,900 | 86,592 | |||
| Sumitomo Corp. |
10,400 | 94,140 | |||
| Sumitomo Metal Industries Ltd. |
47,000 | 140,338 | |||
| Sumitomo Mitsui Financial Group, Inc. |
30 | 178,025 | |||
| Sumitomo Trust & Banking Co., Ltd. (The) |
8,000 | 50,487 | |||
| Suzuki Motor Corp. |
2,700 | 48,779 | |||
| T&D Holdings, Inc. |
1,150 | 59,144 | |||
| Takeda Pharmaceutical Co., Ltd. |
10,300 | 509,349 | |||
| Tokio Marine Holdings, Inc. |
2,600 | 91,593 | |||
| Tokyo Electric Power Co., Inc. (The) |
11,200 | 273,235 | |||
| Toshiba Corp. |
26,000 | 110,451 | |||
| Toyota Motor Corp. |
33,500 | 1,382,094 | |||
| Yahoo! Japan Corp. |
262 | 83,167 | |||
| Total Japan | 10,506,688 | ||||
| Netherlands – 2.9% | |||||
| AEGON N.V. |
39,709 | 345,819 | |||
| Akzo Nobel N.V. |
3,924 | 185,281 | |||
| European Aeronautic Defence & Space Co. |
6,632 | 111,788 | |||
| Heineken N.V. |
1,263 | 50,286 | |||
| ING Groep N.V. CVA |
46,617 | 977,625 | |||
| Koninklijke Ahold N.V. |
5,281 | 60,286 | |||
| Koninklijke KPN N.V. |
52,681 | 754,191 | |||
| Koninklijke Philips Electronics N.V. |
11,669 | 312,820 | |||
| TNT N.V. |
5,060 | 138,597 | |||
| Unilever N.V. CVA |
29,306 | 817,531 | |||
| Total Netherlands | 3,754,224 | ||||
| Norway – 1.0% | |||||
| DnB NOR ASA |
35,357 | 265,523 | |||
| Norsk Hydro ASA |
15,626 | 102,415 | |||
| Orkla ASA |
9,165 | 82,003 | |||
| StatoilHydro ASA |
26,245 | 616,584 | |||
| Telenor ASA |
13,600 | 165,161 | |||
| Total Norway | 1,231,686 | ||||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 73 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree International LargeCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Portugal – 0.1% | |||||
| EDP – Energias de Portugal, S.A. |
26,147 | $ | 107,942 | ||
| Galp Energia, SGPS, S.A. Class B |
1,739 | 28,433 | |||
| Total Portugal | 136,375 | ||||
| Singapore – 1.3% | |||||
| DBS Group Holdings Ltd. |
27,000 | 316,892 | |||
| Oversea-Chinese Banking Corp. Ltd. |
81,000 | 406,218 | |||
| Singapore Airlines Ltd. |
4,000 | 39,785 | |||
| Singapore Telecommunications Ltd. |
234,500 | 533,066 | |||
| United Overseas Bank Ltd. |
27,000 | 317,269 | |||
| Total Singapore | 1,613,230 | ||||
| Spain – 6.1% | |||||
| Abertis Infraestructuras S.A. |
7,371 | 143,088 | |||
| Acciona S.A. |
295 | 44,048 | |||
| ACS, Actividades de Construccion y Servicios, S.A. |
4,293 | 171,679 | |||
| Banco Bilbao Vizcaya Argentaria, Chile, S.A. |
64,989 | 1,046,147 | |||
| Banco Popular Espanol, S.A. |
20,525 | 239,004 | |||
| Banco Santander, S.A. |
142,633 | 2,103,670 | |||
| Cia Espanola De Petroleos, S.A. |
757 | 74,007 | |||
| Endesa S.A. |
14,413 | 520,707 | |||
| Gas Natural SDG, S.A. |
6,653 | 243,721 | |||
| IBERDROLA, S.A. |
59,533 | 597,069 | |||
| Inditex S.A. |
5,471 | 228,163 | |||
| Repsol YPF, S.A. |
14,747 | 432,930 | |||
| Telefonica, S.A. |
68,691 | 1,620,014 | |||
| Union Fenosa, S.A. |
15,843 | 383,657 | |||
| Total Spain | 7,847,904 | ||||
| Sweden – 2.3% | |||||
| AB Volvo Class B |
31,950 | 281,801 | |||
| Atlas Copco AB Class A |
26,455 | 294,039 | |||
| H&M Hennes & Mauritz AB Class B |
13,021 | 519,141 | |||
| Nordea Bank AB |
52,110 | 606,091 | |||
| Sandvik AB |
12,000 | 123,911 | |||
| Skandinaviska Enskilda Banken AB Class A |
10,099 | 151,715 | |||
| Svenska Handelsbanken AB Class A |
13,721 | 299,106 | |||
| Telefonaktiebolaget LM Ericsson Class B |
37,111 | 340,627 | |||
| TeliaSonera AB |
56,851 | 318,794 | |||
| Total Sweden | 2,935,225 | ||||
| Switzerland – 5.3% | |||||
| Compagnie Financiere Richemont S.A. Class A |
3,500 | 152,642 | |||
| Credit Suisse Group AG |
21,320 | 948,823 | |||
| Holcim Ltd. |
2,659 | 192,088 | |||
| Julius Baer Holdings AG |
618 | 29,984 | |||
| Nestle S.A. |
40,480 | 1,740,144 | |||
| Novartis AG |
26,993 | 1,409,534 | |||
| Roche Holding AG |
5,156 | 802,428 | |||
| Swiss Reinsurance |
9,478 | 513,101 | |||
| Swisscom AG |
821 | 242,730 | |||
| Zurich Financial Services AG |
3,000 | 818,729 | |||
| Total Switzerland | 6,850,203 | ||||
| United Kingdom – 21.9% | |||||
| Anglo American PLC |
14,165 | 468,358 | |||
| Investments | Shares | U.S. $ Value | |||
| AstraZeneca PLC |
30,872 | $ | 1,353,683 | ||
| Aviva PLC |
50,595 | 432,878 | |||
| BAE SYSTEMS PLC |
45,110 | 331,274 | |||
| Barclays PLC |
278,206 | 1,619,074 | |||
| BG Group PLC |
1,534 | 27,698 | |||
| BHP Billiton PLC |
16,999 | 381,475 | |||
| BP PLC |
299,767 | 2,479,241 | |||
| British American Tobacco PLC |
32,822 | 1,073,540 | |||
| British Energy Group PLC |
9,477 | 128,381 | |||
| British Sky Broadcasting Group PLC |
19,798 | 146,273 | |||
| BT Group PLC |
218,461 | 627,316 | |||
| Cadbury PLC |
15,917 | 160,439 | |||
| Centrica PLC |
68,218 | 381,809 | |||
| Compass Group PLC |
44,834 | 274,905 | |||
| Diageo PLC |
53,127 | 894,879 | |||
| GlaxoSmithKline PLC |
99,573 | 2,149,327 | |||
| HSBC Holdings PLC |
279,284 | 4,485,263 | |||
| Imperial Tobacco Group PLC |
9,479 | 303,618 | |||
| Legal & General Group PLC |
115,253 | 205,433 | |||
| Lloyds TSB Group PLC |
225,287 | 909,539 | |||
| Man Group PLC |
21,911 | 131,518 | |||
| National Grid PLC |
68,908 | 876,970 | |||
| Prudential PLC |
35,305 | 319,366 | |||
| Reckitt Benckiser Group PLC |
771 | 37,256 | |||
| Reed Elsevier PLC |
16,728 | 165,483 | |||
| Rio Tinto PLC |
5,098 | 315,407 | |||
| Royal Dutch Shell PLC Class A |
47,443 | 1,368,257 | |||
| Royal Dutch Shell PLC Class B |
35,829 | 1,007,764 | |||
| SABMiller PLC |
16,373 | 316,939 | |||
| Scottish & Southern Energy PLC |
12,499 | 317,919 | |||
| Standard Chartered PLC |
18,459 | 442,535 | |||
| Tesco PLC |
101,045 | 698,097 | |||
| Unilever PLC |
26,204 | 710,885 | |||
| Vodafone Group PLC |
1,066,698 | 2,332,938 | |||
| WM Morrison Supermarkets PLC |
4,471 | 20,601 | |||
| WPP Group PLC |
15,591 | 124,500 | |||
| Xstrata PLC |
2,967 | 90,751 | |||
| Total United Kingdom | 28,111,589 | ||||
| TOTAL COMMON STOCKS (Cost: $159,439,198) |
125,806,914 | ||||
| SHORT-TERM INVESTMENT – 0.3% | |||||
| MONEY MARKET FUND – 0.3% | |||||
| United States – 0.3% | |||||
| Columbia Cash Reserves Fund, 2.08%(b) (Cost: $358,346) |
358,346 | 358,346 | |||
| TOTAL INVESTMENTS IN SECURITIES – 98.2% (Cost: $159,797,544)(c) |
126,165,260 | ||||
| Cash, Foreign Currency and Other Assets in Excess of Liabilities – 1.8% |
2,257,699 | ||||
| NET ASSETS – 100.0% | $ | 128,422,959 | |||
| * | Non-income producing security. |
| (a) |
Escrow security — additional shares that were issued as a result of a corporate action. |
| (b) |
Rate shown represents annualized 7-day yield as of September 30, 2008. |
| (c) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 74 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International Dividend Top 100 Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 97.9% | |||||
| Australia – 16.4% | |||||
| AMP Ltd. |
669,347 | $ | 3,685,308 | ||
| Australia & New Zealand Banking Group Ltd. |
253,383 | 3,747,536 | |||
| Commonwealth Bank of Australia |
115,303 | 3,876,333 | |||
| Macquarie Group Ltd. |
99,655 | 2,908,492 | |||
| National Australia Bank Ltd. |
174,078 | 3,331,208 | |||
| QBE Insurance Group Ltd. |
152,721 | 3,192,359 | |||
| St.George Bank Ltd. |
143,570 | 3,238,894 | |||
| Suncorp-Metway Ltd. |
388,137 | 2,847,312 | |||
| Telstra Corp. Ltd. |
1,037,139 | 3,419,639 | |||
| Wesfarmers Ltd. |
104,646 | 2,350,876 | |||
| Westpac Banking Corp. |
226,109 | 3,831,062 | |||
| Woolworths Ltd. |
92,565 | 1,986,016 | |||
| Total Australia | 38,415,035 | ||||
| Belgium – 3.7% | |||||
| Belgacom S.A. |
85,103 | 3,166,016 | |||
| Dexia N.V. |
159,993 | 1,685,507 | |||
| InBev N.V. |
34,270 | 2,013,827 | |||
| KBC Groep N.V. |
21,275 | 1,784,967 | |||
| Total Belgium | 8,650,317 | ||||
| Denmark – 0.9% | |||||
| Danske Bank A/S |
86,830 | 2,039,241 | |||
| Finland – 1.2% | |||||
| Sampo Oyj Class A |
126,409 | 2,809,006 | |||
| France – 18.4% | |||||
| Accor S.A. |
33,087 | 1,737,028 | |||
| AXA S.A. |
111,249 | 3,577,709 | |||
| BNP Paribas |
37,056 | 3,439,512 | |||
| Cie de Saint-Gobain S.A. |
41,731 | 2,118,728 | |||
| CNP Assurances S.A. |
20,177 | 2,252,026 | |||
| Credit Agricole S.A. |
216,272 | 4,072,258 | |||
| France Telecom S.A. |
152,550 | 4,242,732 | |||
| Lafarge S.A. |
14,408 | 1,493,377 | |||
| Natixis |
242,029 | 778,522 | |||
| Peugeot S.A. |
45,074 | 1,669,569 | |||
| PPR S.A |
23,639 | 2,081,426 | |||
| Renault S.A. |
46,677 | 2,921,243 | |||
| Sanofi-Aventis S.A. |
45,794 | 2,994,307 | |||
| Schneider Electric S.A. |
23,996 | 2,030,617 | |||
| TOTAL S.A. |
30,895 | 1,847,830 | |||
| Vallourec |
7,500 | 1,591,398 | |||
| VINCI S.A. |
33,527 | 1,553,151 | |||
| Vivendi S.A. |
86,745 | 2,683,057 | |||
| Total France | 43,084,490 | ||||
| Germany – 6.2% | |||||
| Allianz SE |
12,730 | 1,721,602 | |||
| BASF SE |
29,305 | 1,389,261 | |||
| Commerzbank AG |
76,185 | 1,112,938 | |||
| DaimlerChrysler AG |
25,363 | 1,261,165 | |||
| Deutsche Bank AG |
29,107 | 2,025,246 | |||
| Deutsche Post AG |
80,265 | 1,666,360 | |||
| Investments | Shares | U.S. $ Value | |||
| Deutsche Telekom AG |
234,387 | $ | 3,545,826 | ||
| Muenchener Rueckversicherungs-Gesellshaft AG |
12,499 | 1,864,700 | |||
| Total Germany | 14,587,098 | ||||
| Greece – 3.1% | |||||
| Alpha Bank A.E. |
71,870 | 1,534,474 | |||
| EFG Eurobank Ergasias S.A. |
88,605 | 1,580,630 | |||
| Hellenic Telecommunications Organization S.A. |
80,859 | 1,433,362 | |||
| OPAP S.A. |
91,899 | 2,790,838 | |||
| Total Greece | 7,339,304 | ||||
| Hong Kong – 2.6% | |||||
| BOC Hong Kong (Holdings) Ltd. |
906,673 | 1,588,124 | |||
| CLP Holdings Ltd. |
282,385 | 2,267,634 | |||
| HongKong Electric Holdings Ltd. |
356,887 | 2,229,294 | |||
| Total Hong Kong | 6,085,052 | ||||
| Ireland – 0.7% | |||||
| Allied Irish Banks PLC |
197,851 | 1,639,678 | |||
| Italy – 10.7% | |||||
| Banca Monte dei Paschi di Siena SpA |
1,975,310 | 4,827,837 | |||
| Enel SpA |
333,358 | 2,758,001 | |||
| Eni SpA |
68,770 | 1,796,719 | |||
| Intesa Sanpaolo SpA |
744,329 | 4,020,032 | |||
| Mediobanca SpA |
163,901 | 2,185,973 | |||
| Snam Rete Gas SpA |
466,596 | 2,798,576 | |||
| Telecom Italia SpA |
1,481,890 | 2,189,777 | |||
| UniCredit SpA |
486,036 | 1,773,341 | |||
| Unione di Banche Italiane SCPA |
125,612 | 2,720,719 | |||
| Total Italy | 25,070,975 | ||||
| Japan – 0.7% | |||||
| Nissan Motor Co., Ltd. |
262,561 | 1,723,779 | |||
| Netherlands – 2.6% | |||||
| AEGON N.V. |
241,420 | 2,102,486 | |||
| ING Groep N.V. |
91,758 | 1,924,296 | |||
| Koninklijke KPN N.V. |
137,764 | 1,972,256 | |||
| Total Netherlands | 5,999,038 | ||||
| Norway – 0.7% | |||||
| DnB NOR ASA |
226,119 | 1,698,101 | |||
| Singapore – 2.0% | |||||
| DBS Group Holdings Ltd. |
178,000 | 2,089,138 | |||
| Singapore Telecommunications Ltd. |
1,083,274 | 2,462,503 | |||
| Total Singapore | 4,551,641 | ||||
| Spain – 4.0% | |||||
| ACS, Actividades de Construccion y |
43,012 | 1,720,067 | |||
| Banco Bilbao Vizcaya Argentaria, Chile, S.A. |
126,742 | 2,040,203 | |||
| Banco Popular Espanol, S.A. |
155,390 | 1,809,447 | |||
| Banco Santander, S.A. |
131,675 | 1,942,052 | |||
| Telefonica, S.A. |
78,390 | 1,848,756 | |||
| Total Spain | 9,360,525 | ||||
| Sweden – 4.0% | |||||
| AB Volvo Class B |
199,059 | 1,755,710 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 75 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree International Dividend Top 100 Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| H&M Hennes & Mauritz AB Class B |
37,526 | $ | 1,496,143 | ||
| Nordea Bank AB |
166,061 | 1,931,454 | |||
| Skandinaviska Enskilda Banken AB Class A |
121,121 | 1,819,573 | |||
| Svenska Handelsbanken AB Class A |
104,081 | 2,268,877 | |||
| Total Sweden | 9,271,757 | ||||
| Switzerland – 3.9% | |||||
| Credit Suisse Group AG |
52,369 | 2,330,625 | |||
| Swiss Reinsurance |
36,714 | 1,987,549 | |||
| Swisscom AG |
7,407 | 2,189,896 | |||
| Zurich Financial Services AG |
9,565 | 2,610,381 | |||
| Total Switzerland | 9,118,451 | ||||
| United Kingdom – 16.1% | |||||
| AstraZeneca PLC |
58,993 | 2,586,739 | |||
| Aviva PLC |
275,716 | 2,358,958 | |||
| Barclays PLC |
834,087 | 4,854,131 | |||
| BP PLC |
202,152 | 1,671,911 | |||
| British Energy Group PLC |
156,447 | 2,119,326 | |||
| BT Group PLC |
996,124 | 2,860,395 | |||
| Centrica PLC |
408,487 | 2,286,256 | |||
| GlaxoSmithKline PLC |
125,463 | 2,708,176 | |||
| HSBC Holdings PLC |
194,133 | 3,117,749 | |||
| Legal & General Group PLC |
1,336,420 | 2,382,100 | |||
| Lloyds TSB Group PLC |
812,513 | 3,280,315 | |||
| Man Group PLC |
168,148 | 1,009,291 | |||
| National Grid PLC |
186,725 | 2,376,390 | |||
| Scottish & Southern Energy PLC |
83,336 | 2,119,696 | |||
| Vodafone Group PLC |
911,723 | 1,993,997 | |||
| Total United Kingdom | 37,725,430 | ||||
| TOTAL COMMON STOCKS (Cost: $329,243,500) |
229,168,918 | ||||
| SHORT-TERM INVESTMENT – 0.1% | |||||
| MONEY MARKET FUND – 0.1% | |||||
| United States – 0.1% | |||||
| Columbia Cash Reserves Fund, 2.08%(a) (Cost: $115,792) |
115,792 | 115,792 | |||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.0% | |||||
| MONEY MARKET FUND(b) – 0.0% | |||||
| UBS Private Money Market Fund LLC, 3.01% (Cost: $407)(c) | 407 | 407 | |||
| TOTAL INVESTMENTS IN SECURITIES – 98.0% (Cost: $329,359,699)(d) |
229,285,117 | ||||
| Cash, Foreign Currency and Other Assets in Excess of Liabilities – 2.0% |
4,795,630 | ||||
| NET ASSETS – 100.0% | $ | 234,080,747 | |||
| (a) |
Rate shown represents annualized 7-day yield as of September 30, 2008. |
| (b) |
Interest rate shown reflects yield as of September 30, 2008. |
| (c) |
At September 30, 2008, the total market value of the Fund’s securities on loan was $0 and the total market value of the collateral held by the Fund was $407. |
| (d) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 76 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International MidCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 98.4% | |||||
| Australia – 12.1% | |||||
| AGL Energy Ltd. |
20,812 | $ | 224,906 | ||
| Alumina Ltd. |
126,615 | 306,613 | |||
| Amcor Ltd. |
125,868 | 536,137 | |||
| Aristocrat Leisure Ltd. |
59,355 | 302,452 | |||
| ASX Ltd. |
25,269 | 600,956 | |||
| AXA Asia Pacific Holdings Ltd. |
150,544 | 597,308 | |||
| Babcock & Brown Infrastructure Group |
352,959 | 91,877 | |||
| Babcock & Brown Ltd. |
69,734 | 106,987 | |||
| Bendigo and Adelaide Bank Ltd. |
33,322 | 304,899 | |||
| Billabong International Ltd. |
22,038 | 238,155 | |||
| BlueScope Steel Ltd. |
112,855 | 651,627 | |||
| Boral Ltd. |
126,640 | 611,350 | |||
| Brambles Ltd. |
113,381 | 688,649 | |||
| Caltex Australia Ltd. |
40,500 | 394,538 | |||
| Coca-Cola Amatil Ltd. |
127,512 | 829,797 | |||
| Cochlear Ltd. |
2,262 | 105,807 | |||
| Computershare Ltd. |
74,943 | 549,770 | |||
| Consolidated Media Holdings Ltd. |
126,760 | 245,971 | |||
| Crown Ltd. |
12,828 | 86,009 | |||
| CSR Ltd. |
115,958 | 226,840 | |||
| Energy Resources of Australia Ltd. |
4,151 | 55,663 | |||
| FairFax Media Ltd. |
240,881 | 501,618 | |||
| Foster’s Group Ltd. |
318,515 | 1,386,872 | |||
| Harvey Norman Holdings Ltd. |
177,165 | 431,821 | |||
| Incitec Pivot Ltd.* |
60,240 | 240,913 | |||
| Insurance Australia Group Ltd. |
416,044 | 1,345,521 | |||
| Lend Lease Corp. Ltd. |
74,857 | 542,054 | |||
| Lion Nathan Ltd. |
92,334 | 675,163 | |||
| Macquarie Airports |
359,650 | 765,969 | |||
| Macquarie Infrastructure Group |
82,833 | 150,932 | |||
| Metcash Ltd. |
58,134 | 182,049 | |||
| OneSteel Ltd. |
48,919 | 177,502 | |||
| Orica Ltd. |
32,556 | 538,000 | |||
| Origin Energy Ltd. |
59,888 | 761,031 | |||
| Oxiana Ltd. |
231,901 | 293,592 | |||
| Qantas Airways Ltd. |
530,732 | 1,310,349 | |||
| Santos Ltd. |
53,305 | 803,097 | |||
| Sims Group Ltd. |
15,914 | 374,078 | |||
| Sonic Healthcare Ltd. |
26,804 | 276,973 | |||
| TABCORP Holdings Ltd. |
115,832 | 738,256 | |||
| Tatts Group Ltd. |
255,545 | 479,746 | |||
| Toll Holdings Ltd. |
84,360 | 461,810 | |||
| Transurban Group |
213,809 | 941,082 | |||
| WorleyParsons Ltd. |
11,953 | 285,684 | |||
| Total Australia | 21,420,423 | ||||
| Austria – 1.1% | |||||
| Andritz AG |
3,182 | 134,088 | |||
| EVN AG |
1,268 | 26,699 | |||
| Flughafen Wien AG |
406 | 25,355 | |||
| Immofinanz AG |
56,570 | 193,885 | |||
| Oesterreichische Post AG |
6,069 | 201,697 | |||
| Investments | Shares | U.S. $ Value | |||
| Telekom Austria AG |
41,459 | $ | 721,537 | ||
| UNIQA Versicherungen AG |
3,022 | 76,407 | |||
| Wiener Staedtische AG |
3,274 | 161,005 | |||
| Wienerberger AG |
12,824 | 341,891 | |||
| Total Austria | 1,882,564 | ||||
| Belgium – 1.8% | |||||
| Bekaert S.A. |
1,332 | 175,789 | |||
| Compagnie Maritime Belge S.A. |
6,235 | 248,026 | |||
| Delhaize Group |
8,936 | 514,567 | |||
| Groep Colruyt S.A. |
1,595 | 396,419 | |||
| Mobistar S.A. |
8,439 | 589,669 | |||
| Solvay S.A. |
6,316 | 765,633 | |||
| UCB S.A. |
10,010 | 349,967 | |||
| Umicore |
5,542 | 168,030 | |||
| Total Belgium | 3,208,100 | ||||
| Denmark – 1.4% | |||||
| Coloplast A/S Class B |
1,614 | 117,743 | |||
| D/S Norden |
2,275 | 106,430 | |||
| Danisco A/S |
3,374 | 187,063 | |||
| FLSmidth & Co. A/S |
1,441 | 71,347 | |||
| H. Lundbeck A/S |
11,192 | 211,227 | |||
| Novozymes A/S Class B |
1,750 | 153,197 | |||
| Sydbank A/S |
3,450 | 101,484 | |||
| TrygVesta A/S |
15,625 | 982,482 | |||
| Wacker Chemie AG |
3,923 | 552,973 | |||
| Total Denmark | 2,483,946 | ||||
| Finland – 3.2% | |||||
| Cargotec Corp. Class B |
4,040 | 80,695 | |||
| Elisa Oyj |
15,538 | 299,882 | |||
| Kesko Oyj Class B |
8,022 | 201,924 | |||
| Kone Oyj Class B |
13,137 | 350,605 | |||
| Metso Oyj |
16,719 | 400,878 | |||
| Neste Oil Oyj |
34,884 | 713,927 | |||
| Nokian Renkaat Oyj |
4,439 | 104,752 | |||
| Pohjola Bank PLC |
27,629 | 393,524 | |||
| Outokumpu Oyj |
21,369 | 331,977 | |||
| Rautaruukki Oyj |
23,216 | 453,936 | |||
| Sanoma-WSOY Oyj |
19,604 | 365,964 | |||
| Stora Enso Oyj Class R |
72,872 | 699,116 | |||
| UPM-Kymmene Oyj |
57,041 | 876,541 | |||
| Wartsila Oyj Class B |
7,294 | 301,833 | |||
| YIT Oyj |
10,079 | 103,350 | |||
| Total Finland | 5,678,904 | ||||
| France – 9.2% | |||||
| Aeroports de Paris |
4,781 | 389,104 | |||
| Air France-KLM |
29,489 | 662,541 | |||
| Cap Gemini S.A. |
6,487 | 302,517 | |||
| Casino Guichard Perrachon S.A. |
13,458 | 1,184,322 | |||
| Ciments Francais |
2,169 | 222,408 | |||
| Dassault Systemes S.A. |
806 | 42,603 | |||
| Etablissements Maurel et Prom |
14,734 | 232,417 | |||
| Euler Hermes S.A. |
10,586 | 735,006 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 77 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree International MidCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Fonciere Des Regions |
4,492 | $ | 462,500 | ||
| ICADE |
3,607 | 288,795 | |||
| Iliad S.A. |
355 | 29,276 | |||
| Imerys S.A. |
5,774 | 327,906 | |||
| Ipsen |
10,041 | 449,074 | |||
| JC Decaux S.A. |
9,914 | 213,481 | |||
| Klepierre |
20,200 | 776,878 | |||
| Lagardere SCA |
10,046 | 447,252 | |||
| Legrand S.A. |
21,712 | 482,475 | |||
| M6-Metropole Television |
36,907 | 800,432 | |||
| Neopost S.A. |
4,052 | 377,641 | |||
| Nexans S.A. |
1,268 | 110,392 | |||
| PagesJaunes Groupe |
90,134 | 1,233,150 | |||
| Publicis Groupe |
19,346 | 600,282 | |||
| Rallye S.A. |
2,494 | 71,816 | |||
| Remy Cointreau S.A. |
5,887 | 274,371 | |||
| Sa des Ciments Vicat |
2,070 | 99,499 | |||
| SCOR SE |
17,157 | 327,754 | |||
| Seb S.A. |
2,075 | 90,850 | |||
| Societe BIC S.A. |
8,878 | 457,417 | |||
| Societe Des Autoroutes Paris-Rhin-Rhone |
14,958 | 1,294,263 | |||
| Societe Fonciere Financiere et de Participations FFP |
1,412 | 95,737 | |||
| Societe Immobiliere de Location pour l’Industrie et le Commerce |
1,447 | 176,830 | |||
| Societe Television Francaise 1 |
42,811 | 746,269 | |||
| Technip S.A. |
8,125 | 449,321 | |||
| Thales S.A. |
15,449 | 768,848 | |||
| Valeo S.A. |
12,474 | 372,334 | |||
| Wendel |
3,416 | 266,785 | |||
| Zodiac S.A. |
5,870 | 276,217 | |||
| Total France | 16,138,763 | ||||
| Germany – 3.2% | |||||
| Altana AG |
23,116 | 339,635 | |||
| AMB Generali Holding AG |
2,832 | 439,963 | |||
| Bilfinger Berger AG |
1,984 | 102,165 | |||
| Celesio AG |
8,050 | 347,251 | |||
| Deutsche Lufthansa AG |
65,916 | 1,277,728 | |||
| Fielmann AG |
1,695 | 118,092 | |||
| Fraport AG Frankfurt Airport Services Worldwide |
5,285 | 311,790 | |||
| Fresenius AG |
3,231 | 235,499 | |||
| Hannover Rueckversicherung AG |
16,730 | 604,180 | |||
| Henkel AG & Co. KGaA |
10,698 | 326,536 | |||
| Hochtief AG |
3,392 | 159,470 | |||
| Hypo Real Estate Holding AG |
17,686 | 103,097 | |||
| Kloeckner & Co. AG |
552 | 12,460 | |||
| Lanxess AG |
1,270 | 34,536 | |||
| Rheinmetall AG |
2,576 | 137,281 | |||
| Salzgitter AG |
2,206 | 219,261 | |||
| Stada Arzneimittel AG |
3,801 | 150,989 | |||
| Sudzucker AG |
30,389 | 439,665 | |||
| United Internet AG |
12,808 | 136,370 | |||
| Wincor Nixdorf AG |
954 | 55,598 | |||
| Total Germany | 5,551,566 | ||||
| Investments | Shares | U.S. $ Value | |||
| Hong Kong – 2.9% | |||||
| Bank of East Asia Ltd. |
166,109 | $ | 513,451 | ||
| Cathay Pacific Airways Ltd. |
482,000 | 813,231 | |||
| China Merchants Holdings International Co., Ltd. |
138,321 | 434,683 | |||
| China Resources Enterprise, Ltd. |
138,162 | 330,620 | |||
| China Resources Power Holdings Co., Ltd. |
84,321 | 180,059 | |||
| CITIC Pacific Ltd. |
294,606 | 846,139 | |||
| Denway Motors Ltd. |
464,097 | 144,650 | |||
| Guangdong Investment Ltd. |
144,808 | 33,571 | |||
| Hopewell Holdings Ltd. |
116,162 | 415,914 | |||
| Lenovo Group Ltd. |
376,000 | 162,229 | |||
| New World Development Ltd. |
222,482 | 242,129 | |||
| PCCW Ltd. |
606,994 | 250,167 | |||
| Shanghai Industrial Holdings Ltd. |
43,000 | 96,917 | |||
| Shougang Concord International Entertainment Co., Ltd. |
186,000 | 26,112 | |||
| Sino Land Co. |
256,522 | 280,827 | |||
| Television Broadcasts Ltd. |
37,074 | 156,139 | |||
| Wing Hang Bank Ltd. |
33,259 | 252,944 | |||
| Total Hong Kong | 5,179,782 | ||||
| Ireland – 1.2% | |||||
| Anglo Irish Bank Corp. PLC |
48,493 | 261,837 | |||
| Bank of Ireland |
197,666 | 1,096,724 | |||
| C&C Group PLC |
35,638 | 95,062 | |||
| Independent News & Media PLC |
155,240 | 252,947 | |||
| Irish Life & Permanent PLC |
55,348 | 377,061 | |||
| Kerry Group PLC Class A |
3,905 | 114,091 | |||
| Total Ireland | 2,197,722 | ||||
| Italy – 7.6% | |||||
| A2A SpA |
269,584 | 680,094 | |||
| ACEA SpA |
23,664 | 335,720 | |||
| Alleanza Assicurazioni SpA |
137,627 | 1,247,866 | |||
| Banca Carige SpA |
124,837 | 405,064 | |||
| Banca Popolare di Milano S.c.r.l. |
51,421 | 428,315 | |||
| Banca Popolare di Sondrio S.c.r.l. |
23,546 | 234,825 | |||
| Benetton Group SpA |
35,232 | 323,408 | |||
| Bulgari SpA |
29,725 | 262,002 | |||
| Buzzi Unicem SpA |
2,550 | 38,612 | |||
| Credito Emiliano SpA |
28,609 | 240,109 | |||
| ERG SpA |
8,504 | 138,564 | |||
| Finmeccanica SpA |
17,217 | 368,562 | |||
| Fondiaria-Sai SpA |
11,203 | 260,278 | |||
| Geox SpA |
29,313 | 281,016 | |||
| Hera SpA |
99,096 | 270,456 | |||
| Ifil Investments SpA |
58,799 | 260,991 | |||
| Intesa Sanpaolo SpA – RSP |
154,284 | 725,995 | |||
| Iride SpA |
12,600 | 27,433 | |||
| Italcementi SpA |
13,965 | 170,463 | |||
| Lottomatica SpA |
10,280 | 267,136 | |||
| Luxottica Group SpA |
21,712 | 491,624 | |||
| Mediaset SpA |
231,019 | 1,451,329 | |||
| Mediolanum SpA |
90,540 | 406,649 | |||
| Milano Assicurazioni SpA |
77,242 | 337,158 | |||
See Notes to Financial Statements.
| 78 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree International MidCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Parmalat SpA |
143,535 | $ | 334,683 | ||
| Pirelli & C. SpA |
191,931 | 111,343 | |||
| Prysmian SpA |
9,570 | 185,507 | |||
| Saras SpA |
3,524 | 14,516 | |||
| Societa Cattolica di Assicurazioni S.c.r.l. |
11,386 | 519,464 | |||
| Societa Iniziative Autostradali e Servizi SpA |
4,343 | 31,631 | |||
| Telecom Italia SpA RSP |
933,576 | 1,049,734 | |||
| Terna Rete Eléctrica Nazionale SpA |
299,782 | 1,092,727 | |||
| Unipol Gruppo Finanziario SpA |
200,488 | 421,578 | |||
| Total Italy | 13,414,852 | ||||
| Japan – 17.5% | |||||
| Advantest Corp. |
8,700 | 178,646 | |||
| Aioi Insurance Co., Ltd. |
51,000 | 244,516 | |||
| Aisin Seiki Co., Ltd. |
18,500 | 439,999 | |||
| Ajinomoto Co., Inc. |
37,000 | 348,166 | |||
| All Nippon Airways Co., Ltd. |
148,000 | 522,771 | |||
| Amada Co., Ltd. |
6,000 | 32,044 | |||
| Asahi Breweries Ltd. |
33,300 | 577,139 | |||
| Asahi Kasei Corp. |
111,000 | 458,993 | |||
| Bank of Yokohama Ltd. (The) |
40,000 | 189,140 | |||
| Brother Industries Ltd. |
2,000 | 20,741 | |||
| Casio Computer Co., Ltd. |
6,100 | 56,423 | |||
| Chiba Bank Ltd. (The) |
73,000 | 367,183 | |||
| Chiyoda Corp. |
7,000 | 49,847 | |||
| Chugai Pharmaceutical Co., Ltd. |
7,070 | 113,344 | |||
| Chugoku Bank Ltd. (The) |
5,000 | 68,808 | |||
| Chugoku Electric Power Co., Inc. (The) |
26,400 | 540,856 | |||
| Citizen Watch Co., Ltd. |
9,000 | 61,291 | |||
| Cosmo Oil Co., Ltd. |
72,000 | 168,191 | |||
| Dai Nippon Printing Co., Ltd. |
24,000 | 320,784 | |||
| Daido Steel Co., Ltd. |
28,000 | 144,530 | |||
| Daihatsu Motor Co., Ltd. |
5,000 | 53,690 | |||
| Dainippon Sumitomo Pharma Co., Ltd. |
11,656 | 94,311 | |||
| Daito Trust Construction Co., Ltd. |
2,800 | 102,068 | |||
| Daiwa House Industry Co., Ltd. |
37,000 | 344,332 | |||
| Eisai Co., Ltd. |
14,600 | 562,464 | |||
| Electric Power Development Co. |
13,600 | 434,267 | |||
| Fast Retailing Co., Ltd. |
7,800 | 775,114 | |||
| Fuji Heavy Industries Ltd. |
89,000 | 436,764 | |||
| Furukawa Electric Co., Ltd. (The) |
1,000 | 4,276 | |||
| Gunma Bank Ltd. (The) |
17,000 | 94,796 | |||
| Hankyu Hanshin Holdings, Inc. |
108,000 | 493,383 | |||
| Hino Motors Ltd. |
85,000 | 337,870 | |||
| Hitachi Chemical Co., Ltd. |
4,000 | 52,560 | |||
| Hitachi Construction Machinery Co., Ltd. |
5,100 | 121,297 | |||
| Hokkaido Electric Power Co., Inc. |
23,900 | 495,267 | |||
| Hokuriku Electric Power Co. |
13,700 | 328,418 | |||
| HOYA CORP. |
16,900 | 327,924 | |||
| IBIDEN Co., Ltd. |
10,900 | 255,649 | |||
| IHI Corp. |
60,000 | 91,556 | |||
| Iyo Bank Ltd. (The) |
14,000 | 150,068 | |||
| JGC Corp. |
1,000 | 15,580 | |||
| JS Group Corp. |
29,600 | 368,031 | |||
| Investments | Shares | U.S. $ Value | |||
| Kajima Corp. |
8,000 | $ | 23,586 | ||
| Kaneka Corp. |
53,000 | 287,552 | |||
| Kawasaki Heavy Industries Ltd. |
44,000 | 90,350 | |||
| Kawasaki Kisen Kaisha Ltd. |
20,000 | 119,060 | |||
| Keio Corp. |
16,000 | 85,000 | |||
| Kobe Steel Ltd. |
329,000 | 641,483 | |||
| Konami Corp. |
6,300 | 154,585 | |||
| Kubota Corp. |
35,000 | 213,630 | |||
| Kyushu Electric Power Co., Inc. |
14,200 | 294,259 | |||
| Lawson, Inc. |
7,300 | 335,553 | |||
| Leopalace21 Corp. |
13,800 | 104,509 | |||
| Marui Co., Ltd. |
20,900 | 153,553 | |||
| Mazda Motor Corp. |
6,000 | 23,624 | |||
| Mitsubishi Chemical Holdings Corp. |
33,000 | 171,893 | |||
| Mitsubishi Gas Chemical Co., Inc. |
12,000 | 56,742 | |||
| Mitsubishi Materials Corp. |
12,000 | 36,848 | |||
| Mitsui Chemicals, Inc. |
12,000 | 51,768 | |||
| Mitsui Engineering & Shipbuilding Co., Ltd. |
30,000 | 54,820 | |||
| Mitsumi Electric Co., Ltd. |
4,400 | 107,757 | |||
| NEC Corp. |
46,000 | 190,647 | |||
| NGK Insulators Ltd. |
7,000 | 83,078 | |||
| NGK Spark Plug Co., Ltd. |
3,000 | 28,710 | |||
| Nikon Corp. |
21,000 | 485,612 | |||
| Nippon Electric Glass Co., Ltd. |
41,500 | 361,974 | |||
| Nippon Mining Holdings, Inc. |
74,000 | 292,055 | |||
| Nippon Oil Corp. |
74,000 | 365,940 | |||
| Nippon Sheet Glass Co., Ltd. |
31,000 | 156,219 | |||
| Nippon Yusen K.K. |
74,000 | 465,615 | |||
| Nishi-Nippon City Bank Ltd. (The) |
46,000 | 110,922 | |||
| Nisshin Seifun Group, Inc. |
13,000 | 172,044 | |||
| Nitto Denko Corp. |
3,000 | 74,460 | |||
| NOK Corp. |
22,200 | 243,193 | |||
| Nomura Real Estate Holdings, Inc. |
4,800 | 110,545 | |||
| NSK Ltd. |
11,000 | 61,649 | |||
| Obayashi Corp. |
21,000 | 103,452 | |||
| OJI Paper Co., Ltd. |
111,000 | 551,001 | |||
| Olympus Corp. |
23,000 | 656,432 | |||
| Oracle Corp. Japan |
22,668 | 1,018,474 | |||
| Oriental Land Co., Ltd. |
1,400 | 94,287 | |||
| Osaka Gas Co., Ltd. |
164,000 | 559,205 | |||
| Panasonic Electric Works Co., Ltd. |
37,000 | 320,633 | |||
| Sankyo Co., Ltd. |
9,100 | 456,864 | |||
| Secom Co., Ltd. |
3,900 | 159,798 | |||
| Sega Sammy Holdings, Inc. |
19,818 | 176,218 | |||
| Seiko Epson Corp. |
1,600 | 36,396 | |||
| Sekisui Chemical Co., Ltd. |
15,000 | 87,741 | |||
| Sekisui House, Ltd. |
37,000 | 332,482 | |||
| Shikoku Electric Power Co., Inc. |
5,300 | 132,793 | |||
| Shinko Securities Co., Ltd. |
45,000 | 122,074 | |||
| Shinsei Bank Ltd. |
40,000 | 117,553 | |||
| Shiseido Co., Ltd. |
30,000 | 662,648 | |||
| Shizuoka Bank Ltd. (The) |
37,000 | 355,484 | |||
| Showa Shell Sekiyu K.K. |
22,300 | 212,991 | |||
| Sojitz Corp. |
54,800 | 122,850 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 79 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree International MidCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Sompo Japan Insurance, Inc. |
17,000 | $ | 138,831 | ||
| SUMCO Corp. |
15,900 | 240,975 | |||
| Sumitomo Chemical Co., Ltd. |
46,000 | 197,146 | |||
| Sumitomo Heavy Industries Ltd. |
23,000 | 105,939 | |||
| Sumitomo Metal Mining Co., Ltd. |
31,000 | 303,970 | |||
| Sumitomo Realty & Development Co., Ltd. |
9,000 | 187,774 | |||
| Taisei Corp. |
15,000 | 38,431 | |||
| Taisho Pharmaceutical Co., Ltd. |
35,110 | 686,227 | |||
| TDK Corp. |
4,100 | 198,502 | |||
| Teijin Ltd. |
12,000 | 35,266 | |||
| Terumo Corp. |
9,600 | 492,818 | |||
| THK Co., Ltd. |
2,600 | 39,503 | |||
| TOHO Gas Co., Ltd. |
21,000 | 115,123 | |||
| Tohoku Electric Power Co., Inc. |
28,400 | 608,581 | |||
| Tokyo Broadcasting System, Inc. |
5,100 | 86,229 | |||
| Tokyo Electron Ltd. |
2,200 | 96,567 | |||
| Tokyo Tatemono Co., Ltd. |
25,000 | 114,680 | |||
| Tokyu Corp. |
111,000 | 520,680 | |||
| Tokyu Land Corp. |
14,000 | 49,979 | |||
| TonenGeneral Sekiyu K.K. |
72,104 | 586,123 | |||
| Toppan Printing Co., Ltd. |
34,000 | 261,970 | |||
| Toray Industries, Inc. |
43,000 | 197,250 | |||
| Toyo Seikan Kaisha Ltd. |
21,300 | 320,608 | |||
| Toyota Tsusho Corp. |
25,900 | 330,078 | |||
| Trend Micro, Inc. |
6,000 | 223,237 | |||
| Yamada Denki Co., Ltd. |
6,420 | 478,333 | |||
| Yamaguchi Financial Group, Inc. |
17,000 | 201,761 | |||
| Yamaha Motor Co., Ltd. |
22,200 | 296,307 | |||
| Yamato Holdings Co., Ltd. |
37,000 | 409,853 | |||
| Yokogawa Electric Corp. |
8,000 | 49,659 | |||
| Total Japan | 30,944,108 | ||||
| Netherlands – 2.8% | |||||
| ASML Holding N.V. |
8,858 | 154,410 | |||
| Fugro N.V. |
3,392 | 197,492 | |||
| Heineken Holding N.V. |
12,051 | 467,705 | |||
| Hunter Douglas N.V. |
2,549 | 102,723 | |||
| Imtech N.V. |
600 | 12,102 | |||
| James Hardie Industries N.V. CDI |
20,793 | 81,516 | |||
| Koninklijke BAM Groep N.V. |
22,727 | 288,588 | |||
| Koninklijke Boskalis Westminster N.V. CVA |
5,872 | 273,507 | |||
| Koninklijke DSM N.V. |
14,608 | 684,416 | |||
| Koninklijke Vopak N.V. |
3,720 | 173,062 | |||
| Randstad Holding N.V. |
21,214 | 549,927 | |||
| Reed Elsevier N.V. |
34,905 | 516,230 | |||
| SBM Offshore N.V. |
14,825 | 312,776 | |||
| SNS Reaal |
27,383 | 306,170 | |||
| STMicroelectronics N.V. |
31,317 | 308,806 | |||
| Wolters Kluwer N.V. |
26,734 | 534,552 | |||
| Total Netherlands | 4,963,982 | ||||
| New Zealand – 1.1% | |||||
| Contact Energy Ltd. |
63,473 | 331,518 | |||
| Fletcher Building Ltd. |
78,171 | 347,199 | |||
| Telecom Corp. of New Zealand Ltd. |
717,132 | 1,307,594 | |||
| Total New Zealand | 1,986,311 | ||||
| Investments | Shares | U.S. $ Value | |||
| Norway – 0.5% | |||||
| Aker ASA Class A |
13,037 | $ | 398,014 | ||
| Aker Solutions ASA |
7,162 | 113,142 | |||
| Schibsted ASA |
6,800 | 123,928 | |||
| Storebrand ASA |
43,989 | 253,713 | |||
| Total Norway | 888,797 | ||||
| Portugal – 2.0% | |||||
| Banco BPI, S.A. |
117,809 | 357,438 | |||
| Banco Espirito Santo, S.A. |
48,542 | 589,796 | |||
| Brisa-Auto-estradas de Portugal S.A. |
51,829 | 509,611 | |||
| CIMPOR – Cimentos de Portugal SGPS, S.A. |
26,172 | 165,174 | |||
| Jeronimo Martins, SGPS, S.A. |
26,125 | 220,179 | |||
| Portugal Telecom, SGPS, S.A. |
103,818 | 1,036,108 | |||
| Sonae SGPS, S.A. |
209,777 | 157,350 | |||
| Zon Multimedia Servicos de Telecomunicacoes e Multimedia, SGPS, S.A. |
58,488 | 426,385 | |||
| Total Portugal | 3,462,041 | ||||
| Singapore – 2.2% | |||||
| City Developments Ltd. |
33,038 | 203,122 | |||
| ComfortDelgro Corp. Ltd. |
241,338 | 251,517 | |||
| Cosco Corp. Ltd. |
101,000 | 105,966 | |||
| Fraser and Neave Ltd. |
110,402 | 274,132 | |||
| Jardine Cycle & Carriage Ltd. |
12,904 | 140,800 | |||
| Keppel Land Ltd. |
49,000 | 96,992 | |||
| Neptune Orient Lines Ltd. |
158,000 | 197,818 | |||
| Olam International Ltd. |
61,000 | 76,799 | |||
| Parkway Holdings Ltd. |
10,000 | 13,150 | |||
| SembCorp Industries Ltd. |
109,000 | 246,254 | |||
| SembCorp Marine Ltd. |
187,360 | 391,835 | |||
| SIA Engineering Co., Ltd. |
44,536 | 71,023 | |||
| Singapore Exchange Ltd. |
113,000 | 484,500 | |||
| Singapore Petroleum Co., Ltd. |
2,000 | 6,519 | |||
| Singapore Press Holdings Ltd. |
182,148 | 507,064 | |||
| Singapore Technologies Engineering Ltd. |
230,000 | 432,748 | |||
| StarHub Ltd. |
210,594 | 380,033 | |||
| Yanlord Land Group Ltd. |
48,000 | 30,552 | |||
| Total Singapore | 3,910,824 | ||||
| Spain – 5.4% | |||||
| Acerinox S.A. |
13,579 | 239,566 | |||
| Antena 3 de Television, S.A. |
62,619 | 450,344 | |||
| Banco de Sabadell, S.A. |
85,588 | 655,206 | |||
| Banco de Valencia S.A. |
18,320 | 221,048 | |||
| Banco Espanol de Credito, S.A. |
61,650 | 822,669 | |||
| Banco Guipuzcoano S.A. |
1,819 | 17,119 | |||
| Banco Pastor S.A. |
10,051 | 85,415 | |||
| Bankinter, S.A. |
25,150 | 309,464 | |||
| Bolsas y Mercados Espanoles |
10,905 | 276,178 | |||
| Cementos Portland Valderrivas, S.A. |
1,803 | 86,133 | |||
| Cintra, Concesiones de Infraestructuras de Transporte, S.A. |
14,374 | 166,571 | |||
| Ebro Puleva S.A. |
27,165 | 425,073 | |||
| Enagas |
20,248 | 432,309 | |||
| Fomento de Construcciones y Contratas S.A. |
16,618 | 740,424 | |||
See Notes to Financial Statements.
| 80 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree International MidCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Gamesa Corp. Tecnologica S.A. |
9,345 | $ | 315,297 | ||
| Gestevision Telecinco, S.A. |
78,826 | 794,991 | |||
| Grupo Catalana Occidente S.A. |
3,250 | 67,655 | |||
| Grupo Ferrovial S.A. |
4,051 | 183,453 | |||
| Iberia Lineas Aereas de Espana |
205,346 | 493,231 | |||
| Indra Sistemas S.A. |
24,402 | 575,155 | |||
| Mapfre S.A. |
179,572 | 774,364 | |||
| Promotora de Informaciones S.A. |
11,393 | 75,535 | |||
| Red Electrica de Espana, S.A. |
7,873 | 396,458 | |||
| Sacyr Vallehermoso, S.A.* |
14,780 | 240,617 | |||
| Sociedad General de Aguas de Barcelona S.A. Class A |
7,419 | 148,501 | |||
| Sol Melia S.A. |
922 | 7,939 | |||
| Zardoya Otis, S.A. |
22,693 | 489,292 | |||
| Total Spain | 9,490,007 | ||||
| Sweden – 4.7% | |||||
| AB SKF Class B |
37,074 | 462,578 | |||
| AB Volvo Class A |
87,100 | 721,384 | |||
| Alfa Laval AB |
29,664 | 298,863 | |||
| Assa Abloy AB Class B |
35,647 | 421,767 | |||
| Atlas Copco AB Class B |
13,662 | 134,705 | |||
| Boliden AB |
53,326 | 217,197 | |||
| Electrolux AB Series B |
29,664 | 339,278 | |||
| Hakon Invest AB |
11,200 | 136,130 | |||
| Hexagon AB Class B |
17,948 | 200,130 | |||
| Husqvarna AB Class B |
18,600 | 136,711 | |||
| Industrivarden AB Class A |
25,200 | 276,476 | |||
| Kinnevik Investment AB Class B |
14,831 | 171,223 | |||
| L E Lundbergforetagen AB Class B |
3,950 | 150,120 | |||
| Meda AB Class A |
5,948 | 56,727 | |||
| Modern Times Group AB – B Shares |
250 | 8,802 | |||
| Ratos AB Class B |
7,561 | 168,076 | |||
| Saab AB |
3,252 | 49,087 | |||
| Scania AB Class A |
36,084 | 429,525 | |||
| Scania AB Class B |
39,584 | 475,445 | |||
| Seco Tools Class B |
5,800 | 60,306 | |||
| Securitas AB Class B |
53,157 | 585,106 | |||
| Skanska AB Class B |
44,483 | 494,415 | |||
| SSAB Svenskt Stal AB Series A |
14,316 | 220,712 | |||
| Svenska Cellulosa Aktiebolaget SCA Class B |
56,657 | 587,067 | |||
| Swedbank AB Class A |
66,500 | 836,883 | |||
| Swedish Match AB |
14,831 | 255,239 | |||
| Tele2 AB Class B |
12,091 | 134,821 | |||
| Telefonaktiebolaget LM Ericsson Class A |
29,600 | 272,111 | |||
| Total Sweden | 8,300,884 | ||||
| Switzerland – 2.7% | |||||
| Adecco S.A. |
4,317 | 185,732 | |||
| Aryzta AG* |
1,472 | 57,274 | |||
| Baloise Holding AG |
4,134 | 277,259 | |||
| Bank Sarasin & Cie AG Class B |
2,014 | 76,788 | |||
| Ciba Specialty Chemicals Holding, Inc. |
15,214 | 644,517 | |||
| EFG International AG |
3,980 | 113,588 | |||
| Geberit AG |
1,814 | 220,673 | |||
| Investments | Shares | U.S. $ Value | |||
| Givaudan S.A. |
444 | $ | 368,466 | ||
| Helvetia Holding AG |
109 | 27,220 | |||
| Kuehne + Nagel International AG |
5,496 | 361,008 | |||
| Lonza Group AG |
2,094 | 260,711 | |||
| Nobel Biocare Holding AG |
3,880 | 128,243 | |||
| Panalpina Welttransport Holding AG |
1,593 | 105,134 | |||
| Partners Group |
1,128 | 140,843 | |||
| Phonak Holding AG |
1,530 | 98,247 | |||
| Schindler Holding AG |
2,686 | 162,777 | |||
| SGS S.A. |
620 | 723,264 | |||
| Straumann Holding AG |
333 | 91,473 | |||
| Sulzer AG |
1,253 | 131,865 | |||
| Swatch Group AG (The) |
2,983 | 98,303 | |||
| Swatch Group AG (The) Class B |
750 | 136,120 | |||
| Vontobel Holding AG |
9,548 | 302,300 | |||
| Total Switzerland | 4,711,805 | ||||
| United Kingdom – 15.8% | |||||
| Admiral Group PLC |
28,380 | 513,447 | |||
| Alliance & Leicester PLC |
165,828 | 791,415 | |||
| AMEC PLC |
17,437 | 197,828 | |||
| Amlin PLC |
139,702 | 784,387 | |||
| ARM Holdings PLC |
64,623 | 109,428 | |||
| Arriva PLC |
27,537 | 339,656 | |||
| Ashmore Group PLC |
50,665 | 176,100 | |||
| Balfour Beatty PLC |
9,351 | 50,003 | |||
| British Airways PLC |
51,450 | 154,251 | |||
| Bunzl PLC |
54,416 | 637,249 | |||
| Burberry Group PLC |
9,072 | 63,064 | |||
| Cable & Wireless PLC |
335,532 | 989,803 | |||
| Capita Group PLC (The) |
76,099 | 946,785 | |||
| Carnival PLC |
26,167 | 774,713 | |||
| Carphone Warehouse Group PLC N.V. Class A |
16,106 | 49,234 | |||
| Cobham PLC |
32,374 | 109,582 | |||
| Daily Mail & General Trust |
35,666 | 202,797 | |||
| Drax Group PLC |
23,124 | 309,954 | |||
| Enterprise Inns PLC |
85,120 | 270,824 | |||
| Firstgroup PLC |
25,074 | 237,991 | |||
| Friends Provident PLC |
253,538 | 425,255 | |||
| GKN PLC |
137,400 | 479,408 | |||
| Hammerson PLC |
16,719 | 289,365 | |||
| Hays PLC |
70,319 | 100,272 | |||
| Home Retail Group PLC |
110,130 | 455,418 | |||
| ICAP PLC |
32,918 | 208,295 | |||
| IMI PLC |
70,937 | 471,943 | |||
| Inchcape PLC |
18,227 | 60,916 | |||
| Informa PLC |
34,238 | 192,084 | |||
| Inmarsat PLC |
41,695 | 359,519 | |||
| Intercontinental Hotels Group PLC |
37,644 | 461,638 | |||
| Investec PLC |
79,488 | 428,238 | |||
| ITV PLC |
555,001 | 415,490 | |||
| J. Sainsbury PLC |
98,622 | 611,744 | |||
| John Wood Group PLC |
8,960 | 54,061 | |||
| Johnson Matthey PLC |
7,846 | 188,799 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 81 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree International MidCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Kingfisher PLC |
480,652 | $ | 1,128,324 | ||
| Ladbrokes PLC |
45,429 | 151,018 | |||
| Logica PLC |
217,220 | 418,158 | |||
| London Stock Exchange Group PLC |
12,139 | 186,729 | |||
| Lonmin PLC |
4,626 | 187,505 | |||
| Marks & Spencer Group PLC |
171,281 | 615,179 | |||
| Meggitt PLC |
62,073 | 206,624 | |||
| Millennium & Copthorne Hotels PLC |
28,559 | 123,826 | |||
| Mitchells & Butlers PLC |
64,977 | 253,931 | |||
| Mondi PLC |
23,809 | 109,491 | |||
| National Express Group PLC |
10,632 | 151,987 | |||
| Next PLC |
31,455 | 571,322 | |||
| Northumbrian Water Group PLC |
33,295 | 169,731 | |||
| Old Mutual PLC |
664,270 | 911,701 | |||
| Pearson PLC |
67,789 | 724,982 | |||
| Pennon Group PLC |
37,203 | 387,596 | |||
| Persimmon PLC |
100,827 | 715,731 | |||
| Rentokil Initial PLC |
226,385 | 278,429 | |||
| Rexam PLC |
71,959 | 504,074 | |||
| RSA Insurance Group PLC |
262,566 | 697,335 | |||
| Sage Group PLC (The) |
57,991 | 201,874 | |||
| Schroders PLC |
13,601 | 245,582 | |||
| Severn Trent PLC |
17,716 | 427,564 | |||
| Smith & Nephew PLC |
49,822 | 524,838 | |||
| Smiths Group PLC |
57,483 | 1,036,901 | |||
| St. James’s Place PLC |
69,585 | 266,668 | |||
| Standard Life PLC |
146,224 | 625,528 | |||
| Tate & Lyle PLC |
46,679 | 317,003 | |||
| Thomas Cook Group PLC |
17,380 | 68,618 | |||
| Thomson Reuters PLC |
16,107 | 356,290 | |||
| Tomkins PLC |
192,823 | 528,434 | |||
| TUI Travel PLC |
65,140 | 250,214 | |||
| Tullow Oil PLC |
29,457 | 374,365 | |||
| United Utilities Group PLC |
41,986 | 520,123 | |||
| Weir Group PLC (The) |
5,627 | 61,132 | |||
| Whitbread PLC |
30,214 | 569,785 | |||
| William Hill PLC |
22,474 | 93,537 | |||
| Total United Kingdom | 27,873,085 | ||||
| TOTAL COMMON STOCKS (Cost: $253,888,012) |
173,688,466 | ||||
| Investments | Shares | U.S. $ Value | |||
| SHORT-TERM INVESTMENT – 0.6% | |||||
| MONEY MARKET FUND – 0.6% | |||||
| United States – 0.6% | |||||
| Columbia Cash Reserves Fund, 2.08%(a) (Cost: $994,992) |
994,992 | $ | 994,992 | ||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.0% | |||||
| MONEY MARKET FUND(b) – 0.0% | |||||
| UBS Private Money Market Fund LLC, 3.01% (Cost: $2,833)(c) |
2,833 | 2,833 | |||
| TOTAL INVESTMENTS IN SECURITIES – 99.0% (Cost: $254,885,837)(d) |
174,686,291 | ||||
| Foreign Currency and Other Assets in |
1,763,307 | ||||
| NET ASSETS – 100.0% | $ | 176,449,598 | |||
RSP – Risparmio Italian Savings Shares.
| * | Non-income producing security. |
| (a) |
Rate shown represents annualized 7-day yield as of September 30, 2008. |
| (b) |
Interest rate shown reflects yield as of September 30, 2008. |
| (c) |
At September 30, 2008, the total market value of the Fund’s securities on loan was $0 and the total market value of the collateral held by the Fund was $2,833. |
| (d) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 82 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 98.8% | |||||
| Australia – 16.9% | |||||
| A.B.C. Learning Centres Ltd. |
2,121,507 | $ | 903,660 | ||
| ABB Grain Ltd. |
50,290 | 313,780 | |||
| Adelaide Brighton Ltd. |
616,737 | 1,503,230 | |||
| Aditya Birla Minerals Ltd. |
67,048 | 61,349 | |||
| Alesco Corp., Ltd. |
84,259 | 393,464 | |||
| Amalgamated Holdings Ltd. |
11,342 | 44,286 | |||
| Ansell Ltd. |
121,371 | 1,215,866 | |||
| APA Group |
454,870 | 1,094,345 | |||
| APN News & Media Ltd. |
428,304 | 1,084,487 | |||
| Ausdrill Ltd. |
22,136 | 31,168 | |||
| Austal Ltd. |
83,489 | 156,738 | |||
| Austereo Group Ltd. |
960,752 | 1,208,757 | |||
| Australian Agricultural Co., Ltd. |
405,411 | 863,428 | |||
| Australian Wealth Management Ltd. |
532,599 | 506,238 | |||
| Automotive Holdings Group |
52,261 | 69,668 | |||
| AWB Ltd. |
268,763 | 589,361 | |||
| Babcock & Brown Communities Ltd. |
990,619 | 324,281 | |||
| Babcock & Brown Wind Partners Ltd. |
254,737 | 210,983 | |||
| Bank of Queensland Ltd. |
117,230 | 1,215,994 | |||
| Becton Property Group |
238,145 | 97,681 | |||
| Boom Logistics Ltd. |
499,940 | 467,308 | |||
| Bradken Ltd. |
63,694 | 437,104 | |||
| Brickworks Ltd. |
3,114 | 29,304 | |||
| Cabcharge Australia Ltd. |
173,955 | 935,811 | |||
| Campbell Brothers Ltd. |
15,132 | 383,150 | |||
| Centennial Coal Co., Ltd. |
19,999 | 58,053 | |||
| Challenger Diversified Propert Group |
222,419 | 105,267 | |||
| Challenger Financial Services Group Ltd. |
700,761 | 1,321,098 | |||
| Coffey International Ltd. |
48,233 | 91,311 | |||
| ConnectEast Group |
654,829 | 420,971 | |||
| Corporate Express Australia Ltd. |
255,974 | 979,275 | |||
| Count Financial Ltd. |
124,877 | 137,904 | |||
| Crane Group Ltd. |
130,005 | 1,125,977 | |||
| David Jones Ltd. |
645,912 | 2,190,830 | |||
| Downer EDI Ltd. |
258,940 | 1,286,787 | |||
| DUET Group |
134,194 | 273,099 | |||
| DWS Advanced Business Solutions Ltd. |
158,314 | 124,878 | |||
| Emeco Holdings Ltd. |
240,255 | 151,611 | |||
| Energy Developments Ltd. |
165,286 | 325,944 | |||
| Envestra Ltd. |
1,274,905 | 658,698 | |||
| FKP Property Group |
218,583 | 663,811 | |||
| FlexiGroup Ltd. |
1,588,323 | 588,849 | |||
| Flight Centre Ltd. |
95,357 | 1,428,383 | |||
| Futuris Corp., Ltd. |
1,015,386 | 1,129,321 | |||
| Galileo Japan Trust |
919,403 | 203,063 | |||
| Goodman Fielder Ltd. |
1,392,104 | 1,526,348 | |||
| GRD Ltd. |
221,471 | 115,300 | |||
| Great Southern Plantations Ltd. |
734,560 | 240,460 | |||
| G.U.D Holdings Ltd. |
92,746 | 431,633 | |||
| Gunns Ltd. |
552,725 | 503,568 | |||
| GWA International Ltd. |
622,637 | 1,375,182 | |||
| Hastie Group Ltd. |
23,603 | 45,242 | |||
| Investments | Shares | U.S. $ Value | |||
| Hastings Diversified Utilities Fund |
177,008 | $ | 333,701 | ||
| Healthscope Ltd. |
98,736 | 358,262 | |||
| HFA Holdings Ltd. |
255,169 | 126,805 | |||
| Hills Industries Ltd. |
339,397 | 1,140,472 | |||
| Housewares International Ltd. |
81,971 | 59,486 | |||
| Independence Group NL |
35,947 | 75,708 | |||
| Infomedia Ltd. |
1,383,327 | 414,644 | |||
| IOOF Holdings Ltd. |
46,846 | 205,823 | |||
| Iress Market Technology Ltd. |
230,563 | 1,049,379 | |||
| JB Hi-Fi Ltd. |
98,022 | 946,394 | |||
| Kagara Ltd. |
54,091 | 118,188 | |||
| Macmahon Holdings Ltd. |
290,902 | 369,436 | |||
| Macquarie Communications Infrastructure Group |
204,331 | 409,388 | |||
| McPherson’s Ltd. |
53,620 | 117,581 | |||
| Minara Resources Ltd. |
935,791 | 1,203,188 | |||
| Mincor Resources NL |
318,729 | 314,267 | |||
| Mirvac Real Estate Investment Trust |
930,557 | 455,095 | |||
| Mitchell Communications Group Ltd. |
69,706 | 29,966 | |||
| Monadelphous Group Ltd. |
100,368 | 950,044 | |||
| Mortgage Choice Ltd. |
148,327 | 117,000 | |||
| Navitas Ltd. |
368,124 | 653,347 | |||
| Oakton Ltd. |
63,129 | 174,287 | |||
| Octaviar Ltd. |
495,891 | 387,247 | |||
| Pacific Brands Ltd. |
858,759 | 1,307,361 | |||
| Panoramic Resources Ltd. |
62,508 | 72,480 | |||
| PaperlinX Ltd. |
500,390 | 690,739 | |||
| Peet Ltd. |
319,241 | 569,107 | |||
| Perpetual Ltd. |
49,239 | 1,817,701 | |||
| Photon Group Ltd. |
43,967 | 89,824 | |||
| Primary Health Care Ltd. |
300,935 | 1,222,495 | |||
| Ramsay Health Care Ltd. |
158,455 | 1,256,143 | |||
| Regional Express Holdings Ltd. |
134,036 | 107,842 | |||
| Reverse Corp., Ltd. |
221,602 | 262,200 | |||
| Ridley Corp., Ltd. |
522,388 | 397,638 | |||
| Salmat Ltd. |
185,953 | 453,241 | |||
| Seek Ltd. |
265,724 | 1,071,072 | |||
| Seven Network Ltd. |
188,201 | 935,254 | |||
| Sigma Pharmaceuticals Ltd. |
1,196,474 | 1,127,816 | |||
| Skilled Group Ltd. |
64,743 | 148,101 | |||
| SMS Management & Technology Ltd. |
20,249 | 53,028 | |||
| Spark Infrastructure Group |
889,053 | 1,016,864 | |||
| Specialty Fashion Group Ltd. |
278,888 | 149,591 | |||
| Spotless Group Ltd. |
322,505 | 834,406 | |||
| Straits Resources Ltd. |
65,961 | 126,433 | |||
| STW Communications Group Ltd. |
538,308 | 486,187 | |||
| Sunland Group Ltd. |
287,171 | 545,915 | |||
| Ten Network Holdings Ltd. |
796,678 | 1,005,472 | |||
| Timbercorp Ltd. |
370,448 | 179,709 | |||
| Transfield Services Ltd. |
161,845 | 968,965 | |||
| Transpacific Industries Group Ltd. |
56,269 | 310,695 | |||
| Trinity Group |
458,152 | 242,132 | |||
| United Group Ltd. |
161,793 | 1,625,909 | |||
| UXC Ltd. |
203,455 | 150,054 | |||
| VDM Group Ltd. |
14,568 | 14,479 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 83 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree International SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Washington H. Soul Pattinson & Co., Ltd. |
194,210 | $ | 1,654,482 | ||
| Wattyl Ltd. |
31,471 | 29,789 | |||
| West Australian Newspapers Holdings Ltd. |
251,051 | 1,782,262 | |||
| Westpac Office Trust |
60,153 | 16,844 | |||
| Wotif.com Holdings Ltd. |
63,949 | 186,639 | |||
| Total Australia | 64,562,881 | ||||
| Austria – 0.3% | |||||
| AT&S Austria Technologie & Systemtechnik AG |
7,927 | 85,737 | |||
| Palfinger AG |
11,262 | 202,485 | |||
| POLYTEC Holding AG |
11,710 | 159,221 | |||
| Schoeller-Bleckmann Oilfield Equipment AG |
5,279 | 315,144 | |||
| Zumtobel AG |
17,145 | 240,586 | |||
| Total Austria | 1,003,173 | ||||
| Belgium – 1.4% | |||||
| Barco N.V. |
11,893 | 536,414 | |||
| Cofinimmo |
8,560 | 1,478,928 | |||
| Euronav N.V. |
37,177 | 1,016,214 | |||
| EVS Broadcast Equipment S.A. |
6,551 | 461,197 | |||
| Melexis N.V. |
30,479 | 422,558 | |||
| Nyrstar |
13,460 | 80,353 | |||
| Omega Pharma S.A. |
3,647 | 154,451 | |||
| Tessenderlo Chemie N.V. |
23,522 | 1,159,710 | |||
| Total Belgium | 5,309,825 | ||||
| Denmark – 0.5% | |||||
| Auriga Industries A/S Class B |
8,502 | 212,078 | |||
| Bang & Olufsen A/S Class B |
14,481 | 537,060 | |||
| Dalhoff Larsen & Horneman A/S Class B |
14,653 | 124,136 | |||
| Forstaedernes Bank A/S |
1,139 | 21,657 | |||
| IC Companys A/S |
1,500 | 26,121 | |||
| NKT Holding A/S |
10,427 | 480,932 | |||
| Rockwool International A/S Class B |
3,140 | 263,056 | |||
| Sjaelso Gruppen |
14,292 | 131,840 | |||
| Total Denmark | 1,796,880 | ||||
| Finland – 3.1% | |||||
| Ahlstrom Oyj |
22,891 | 415,749 | |||
| Alma Media Corp. |
61,720 | 702,230 | |||
| Amer Sports Oyj |
35,198 | 420,247 | |||
| Citycon Oyj |
95,715 | 309,226 | |||
| Finnair Oyj |
59,586 | 338,138 | |||
| Fiskars OYJ Abp |
8,313 | 110,113 | |||
| HKScan Oyj |
22,022 | 173,535 | |||
| Huhtamaki Oyj |
72,523 | 569,450 | |||
| Kemira Oyj |
73,514 | 857,070 | |||
| Lassila & Tikanoja Oyj |
17,597 | 341,103 | |||
| M-real Oyj Class B |
157,422 | 278,615 | |||
| Orion Oyj Class B |
125,110 | 2,100,044 | |||
| PKC Group Oyj |
23,874 | 221,328 | |||
| Poyry Oyj |
44,082 | 841,490 | |||
| Ramirent Oyj |
92,694 | 571,590 | |||
| Stockmann Oyj Abp Class B |
18,955 | 443,309 | |||
| Talentum Oyj |
229,548 | 812,535 | |||
| Technopolis PLC |
68,693 | 470,869 | |||
| Investments | Shares | U.S. $ Value | |||
| TietoEnator Oyj |
39,981 | $ | 582,372 | ||
| Uponor Oyj |
118,825 | 1,480,470 | |||
| Total Finland | 12,039,483 | ||||
| France – 2.7% | |||||
| ABC Arbitrage |
42,164 | 289,021 | |||
| Altamir Amboise |
41,824 | 320,177 | |||
| April Group |
7,729 | 380,305 | |||
| Assystem |
7,747 | 106,098 | |||
| Canal Plus |
146,228 | 1,273,475 | |||
| Carbone Lorraine |
6,429 | 298,909 | |||
| Derichebourg |
23,143 | 100,124 | |||
| Fimalac |
15,590 | 948,205 | |||
| GFI Informatique |
68,681 | 361,773 | |||
| Groupe Steria SCA |
14,934 | 325,144 | |||
| Haulotte Group |
31,875 | 394,900 | |||
| Havas S.A. |
199,235 | 615,682 | |||
| IMS-International Metal Service |
14,939 | 256,006 | |||
| Kaufman & Broad S.A. |
16,136 | 676,790 | |||
| LaCie S.A. |
30,896 | 152,327 | |||
| Manitou BF S.A. |
31,597 | 774,479 | |||
| Nexity |
90,456 | 1,417,979 | |||
| NRJ Group |
54,051 | 536,774 | |||
| Oberthur Technologies |
6,786 | 47,755 | |||
| Rhodia S.A. |
27,929 | 423,689 | |||
| Seche Environnement S.A. |
1,110 | 82,604 | |||
| Sequana Capital S.A. |
35,422 | 495,565 | |||
| Trigano S.A. |
17,618 | 173,725 | |||
| Total France | 10,451,506 | ||||
| Germany – 3.3% | |||||
| Aareal Bank AG |
11,125 | 126,264 | |||
| Bauer AG |
1,425 | 71,058 | |||
| Beate Uhse AG |
105,306 | 137,564 | |||
| Bechtle AG |
14,334 | 294,161 | |||
| Cenit AG |
13,282 | 72,574 | |||
| Comdirect Bank AG |
146,881 | 1,076,972 | |||
| CTS Eventim AG |
151 | 5,462 | |||
| DAB Bank AG |
38,429 | 190,007 | |||
| Demag Cranes AG |
8,565 | 334,818 | |||
| Deutz AG |
43,671 | 243,530 | |||
| Douglas Holding AG |
18,538 | 839,510 | |||
| Elexis AG |
3,589 | 67,049 | |||
| Epcos AG |
9,231 | 231,319 | |||
| Freenet AG |
34,495 | 309,133 | |||
| Gerry Weber International AG |
15,693 | 349,384 | |||
| Gildemeister AG |
6,704 | 111,589 | |||
| H&R WASAG AG |
11,823 | 276,177 | |||
| HCI Capital AG |
33,674 | 225,149 | |||
| Heidelberger Druckmaschinen AG |
65,435 | 1,017,480 | |||
| IDS Scheer AG |
16,797 | 165,157 | |||
| Indus Holding AG |
13,147 | 309,321 | |||
| Kizoo AG |
31,437 | 334,718 | |||
| Kontron AG |
11,945 | 120,806 | |||
| KUKA AG |
8,605 | 208,380 | |||
See Notes to Financial Statements.
| 84 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree International SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Leoni AG |
9,888 | $ | 296,534 | ||
| MLP AG |
57,826 | 1,055,929 | |||
| MPC Muenchmeyer Petersen Capital AG |
19,961 | 364,497 | |||
| MTU Aero Engines Holding AG |
22,338 | 608,402 | |||
| Norddeutsche Affinerie AG |
31,338 | 1,313,525 | |||
| Pfeiffer Vacuum Technology AG |
923 | 73,343 | |||
| Pfleiderer AG |
23,531 | 282,932 | |||
| Praktiker Bau-und Heimwerkermaerkte AG |
26,397 | 240,640 | |||
| Sixt AG |
6,636 | 141,683 | |||
| Software AG |
9,247 | 519,292 | |||
| Takkt AG |
21,149 | 292,316 | |||
| Vivacon AG |
34,854 | 329,485 | |||
| Total Germany | 12,636,160 | ||||
| Hong Kong – 2.1% | |||||
| Allied Properties HK Ltd. |
822,000 | 105,868 | |||
| Champion REIT |
1,938,000 | 788,743 | |||
| China Power International Development Ltd. |
2,682,622 | 545,898 | |||
| China Travel International Investment Hong Kong Ltd. |
488,000 | 108,733 | |||
| Chong Hing Bank Ltd. |
255,110 | 459,992 | |||
| Cross-Harbour Holdings Ltd. |
255,189 | 206,403 | |||
| Dah Sing Banking Group Ltd. |
755,303 | 775,308 | |||
| Dah Sing Financial Holdings Ltd. |
153,210 | 639,333 | |||
| Fountain Set Holdings Ltd. |
1,236,364 | 98,726 | |||
| Fubon Bank Ltd. |
368,432 | 142,355 | |||
| Guangzhou Investment Co., Ltd. |
3,192,585 | 304,277 | |||
| Henderson Investment Ltd. |
3,261,000 | 151,199 | |||
| Hung Hing Printing Group Ltd. |
138,000 | 30,393 | |||
| Next Media Ltd. |
2,910,000 | 712,101 | |||
| Oriental Press Group Ltd. |
4,405,017 | 510,605 | |||
| Regal Real Estate Investment Trust |
1,663,000 | 246,312 | |||
| Shaw Brothers (Hong Kong) Ltd. |
100,110 | 144,150 | |||
| Shell Electric Manufacturing Co., Ltd. |
82,000 | 25,241 | |||
| Shenzhen Investment Ltd. |
2,796,000 | 406,921 | |||
| Singamas Container Holdings Ltd. |
600,000 | 91,186 | |||
| Sun Hung Kai & Co., Ltd. |
1,021,189 | 460,330 | |||
| Sunlight Real Estate Investment Trust |
417,000 | 87,005 | |||
| Techtronic Industries Co. |
356,500 | 324,619 | |||
| Tian An China Investment |
280,000 | 103,499 | |||
| Tianjin Development Holdings Ltd. |
352,074 | 140,569 | |||
| Vitasoy International Holdings Ltd. |
850,364 | 369,088 | |||
| Total Hong Kong | 7,978,854 | ||||
| Ireland – 1.0% | |||||
| DCC PLC |
15,622 | 304,356 | |||
| FBD Holding PLC A Shares |
14,316 | 30,163 | |||
| FBD Holdings PLC |
14,316 | 232,138 | |||
| Fyffes PLC |
403,374 | 181,312 | |||
| Glanbia PLC |
124,074 | 656,863 | |||
| Greencore Group PLC |
126,318 | 321,153 | |||
| Kingspan Group PLC |
92,762 | 827,393 | |||
| Paddy Power PLC |
40,359 | 695,023 | |||
| Smurfit Kappa Group PLC |
91,623 | 388,669 | |||
| Investments | Shares | U.S. $ Value | |||
| United Drug PLC |
54,908 | $ | 291,538 | ||
| Total Ireland | 3,928,608 | ||||
| Italy – 5.9% | |||||
| AcegasAps SpA |
59,227 | 427,613 | |||
| Amplifon SpA |
59,650 | 149,979 | |||
| Anima SGRpA |
155,875 | 311,785 | |||
| Arnoldo Mondadori Editore SpA |
225,946 | 1,129,855 | |||
| Ascopiave SpA |
76,781 | 148,726 | |||
| Astaldi SpA |
73,125 | 485,842 | |||
| Autostrada Torino-Milano SpA |
53,078 | 573,709 | |||
| Azimut Holding SpA |
44,257 | 301,659 | |||
| Banca Generali SpA |
49,634 | 289,506 | |||
| Banca Intermobiliare SpA |
97,338 | 492,213 | |||
| Banca Popolare dell’Etruria e del Lazio |
24,641 | 191,058 | |||
| Banco di Desio e della Brianza SpA |
55,500 | 374,978 | |||
| Biesse SpA |
19,931 | 168,116 | |||
| Brembo SpA |
43,912 | 424,674 | |||
| Buzzi Unicem SpA |
10,411 | 102,367 | |||
| Cairo Communication SpA |
209,137 | 711,644 | |||
| Carraro SpA |
22,534 | 123,603 | |||
| Cementir – Cementerie del Tirreno SpA |
67,036 | 316,385 | |||
| CIR-Compagnie Industriali Riunite SpA |
191,966 | 327,349 | |||
| Cofide SpA |
335,595 | 246,539 | |||
| Credito Artigiano SpA |
177,005 | 561,904 | |||
| De’Longhi SpA |
42,196 | 138,545 | |||
| ERGO Previdenza SpA |
119,684 | 733,398 | |||
| Esprinet SpA |
56,848 | 244,346 | |||
| Fiat SpA RSP |
63,539 | 478,827 | |||
| Fondiaria-Sai SpA RSP |
37,602 | 626,417 | |||
| Gemina SpA* |
1,132,355 | 1,142,024 | |||
| Gewiss SpA |
55,941 | 290,148 | |||
| Gruppo Editoriale L’Espresso SpA |
494,478 | 1,048,799 | |||
| Gruppo MutuiOnline SpA |
28,360 | 149,086 | |||
| I.M.A. – Industria Macchine Automatiche SpA |
20,805 | 406,210 | |||
| IFIL Investments SpA |
53,661 | 177,885 | |||
| Indesit Co., SpA |
88,041 | 919,463 | |||
| Italcementi SpA |
47,352 | 438,321 | |||
| Italmobiliare SpA RSP |
8,778 | 386,300 | |||
| Italmobiliare SpA |
6,114 | 320,334 | |||
| Landi Renzo SpA |
22,392 | 120,543 | |||
| MARR SpA |
28,440 | 199,142 | |||
| Meliorbanca SpA |
57,266 | 227,038 | |||
| Milano Assicurazioni SpA RSP |
29,459 | 130,760 | |||
| Navigazione Montanari SpA |
113,490 | 491,791 | |||
| Nice SpA |
7,183 | 30,748 | |||
| Panariagroup Industrie Ceramiche SpA |
62,049 | 241,425 | |||
| Permasteelisa SpA |
5,250 | 82,962 | |||
| Piaggio & C. SpA |
267,344 | 589,574 | |||
| Piccolo Credito Valtellinese S.c.r.l. |
60,650 | 499,225 | |||
| Pirelli & C Real Estate SpA |
73,260 | 924,084 | |||
| Pirelli & C SpA |
172,403 | 94,445 | |||
| Premafin Finanziaria SpA |
171,855 | 307,539 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 85 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree International SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Premuda SpA |
8,622 | $ | 14,182 | ||
| RCS MediaGroup SpA |
557,057 | 1,150,231 | |||
| Recordati SpA |
151,017 | 922,748 | |||
| SAES Getters SpA |
3,795 | 62,795 | |||
| Safilo Group SpA |
297,679 | 411,027 | |||
| Sogefi SpA |
103,781 | 296,290 | |||
| Tamburi Investment Partners SpA |
6,886 | 16,685 | |||
| Tod’s SpA |
10,280 | 509,869 | |||
| Total Italy | 22,682,710 | ||||
| Japan – 25.0% | |||||
| ABC-Mart, Inc. |
43,700 | 1,224,580 | |||
| ADEKA Corp. |
42,500 | 263,811 | |||
| Aderans Holdings Co., Ltd. |
18,900 | 296,767 | |||
| Advan Co., Ltd. |
62,000 | 334,630 | |||
| Aeon Fantasy Co., Ltd. |
10,300 | 78,197 | |||
| Aichi Corp. |
47,700 | 182,865 | |||
| Aichi Steel Corp. |
85,000 | 341,073 | |||
| Air Water, Inc. |
114,000 | 1,117,826 | |||
| Alpen Co., Ltd. |
36,100 | 678,033 | |||
| Alpine Electronics, Inc. |
34,000 | 319,295 | |||
| Alps Electric Co., Ltd. |
19,900 | 152,392 | |||
| Amano Corp. |
5,400 | 42,370 | |||
| Anest Iwata Corp. |
6,000 | 20,628 | |||
| AOC Holdings, Inc. |
34,000 | 263,891 | |||
| Arnest One Corp. |
108,800 | 334,091 | |||
| Asatsu-DK, Inc. |
17,000 | 479,584 | |||
| Awa Bank Ltd. (The) |
5,000 | 28,588 | |||
| Bando Chemical Industries Ltd. |
44,000 | 118,532 | |||
| Bank of Nagoya Ltd. (The) |
61,000 | 328,658 | |||
| Belluna Co., Ltd. |
21,450 | 94,961 | |||
| Best Denki Co., Ltd. |
69,000 | 256,723 | |||
| Calsonic Kansei Corp. |
172,000 | 476,315 | |||
| Canon Electronics, Inc. |
16,300 | 254,714 | |||
| Capcom Co., Ltd. |
11,700 | 328,964 | |||
| Central Glass Co., Ltd. |
85,000 | 277,022 | |||
| Chiyoda Integre Co., Ltd. |
2,500 | 31,272 | |||
| Chuetsu Pulp & Paper Co., Ltd. |
521,000 | 863,712 | |||
| Chugoku Marine Paints Ltd. |
6,000 | 34,475 | |||
| Chukyo Bank Ltd. (The) |
183,000 | 494,711 | |||
| Circle K Sunkus Co., Ltd. |
25,500 | 421,057 | |||
| CKD Corp. |
28,800 | 122,617 | |||
| COMSYS Holdings Corp. |
85,000 | 720,576 | |||
| Cosel Co., Ltd. |
13,100 | 114,632 | |||
| CSK Holdings Corp. |
2,200 | 31,705 | |||
| Daidoh Ltd. |
1,500 | 14,638 | |||
| Daifuku Co., Ltd. |
92,500 | 565,464 | |||
| Daihen Corp. |
20,000 | 69,326 | |||
| Daiichi Chuo Kisen Kaisha |
35,000 | 156,596 | |||
| Daikoku Denki Co., Ltd. |
52,100 | 578,098 | |||
| Daikyo, Inc. |
207,000 | 308,068 | |||
| Daio Paper Corp. |
115,000 | 958,649 | |||
| Daishi Bank Ltd. (The) |
85,000 | 329,063 | |||
| Denki Kagaku Kogyo K.K. |
37,000 | 94,796 | |||
| Investments | Shares | U.S. $ Value | |||
| Denki Kogyo Co., Ltd. |
14,000 | $ | 77,144 | ||
| Disco Corp. |
8,500 | 243,395 | |||
| Dowa Holdings Co., Ltd |
51,000 | 223,379 | |||
| DTS Corp. |
15,400 | 157,967 | |||
| Ebara Corp. |
70,000 | 181,322 | |||
| Ehime Bank Ltd. (The) |
90,000 | 250,082 | |||
| Eighteenth Bank Ltd. (The) |
146,000 | 372,684 | |||
| Epson Toyocom Corp. |
83,000 | 216,559 | |||
| Exedy Corp. |
17,000 | 312,090 | |||
| Ezaki Glico Co., Ltd. |
85,000 | 796,637 | |||
| FCC Co., Ltd. |
17,700 | 229,409 | |||
| Fuji Electronics Co., Ltd. |
28,800 | 213,494 | |||
| Fuji Fire & Marine Insurance Co., Ltd. (The) |
242,000 | 542,514 | |||
| Furukawa Co., Ltd. |
30,000 | 41,257 | |||
| Furukawa-Sky Aluminum Corp. |
71,000 | 149,805 | |||
| Futaba Industrial Co., Ltd. |
25,500 | 312,490 | |||
| Godo Steel Ltd. |
67,000 | 206,999 | |||
| Gulliver International Co., Ltd. |
3,500 | 59,770 | |||
| Gun-Ei Chemical Industry Co., Ltd. |
202,000 | 393,859 | |||
| Gunze Ltd. |
85,000 | 328,263 | |||
| Hankyu Department Stores, Inc. |
85,000 | 508,407 | |||
| Hanwa Co., Ltd. |
78,000 | 263,025 | |||
| Haseko Corp. |
297,500 | 204,564 | |||
| Heiwa Corp. |
34,000 | 262,610 | |||
| Higo Bank Ltd. (The) |
85,000 | 479,584 | |||
| Hikari Tsushin, Inc. |
23,400 | 488,212 | |||
| Hitachi Cable Ltd. |
85,000 | 285,028 | |||
| Hitachi Koki Co., Ltd. |
81,400 | 808,135 | |||
| Hitachi Kokusai Electric, Inc. |
71,000 | 421,325 | |||
| Hitachi Maxell Ltd. |
42,500 | 447,958 | |||
| Hitachi Software Engineering Co., Ltd. |
32,800 | 568,165 | |||
| Hitachi Transport System Ltd. |
51,000 | 632,666 | |||
| Hokkoku Bank Ltd. (The) |
85,000 | 314,652 | |||
| Hokuetsu Paper Mills Ltd. |
88,000 | 380,464 | |||
| Honeys Co., Ltd. |
33,990 | 153,037 | |||
| Horiba Ltd. |
17,000 | 377,902 | |||
| House Foods Corp. |
35,600 | 519,086 | |||
| Hyakugo Bank Ltd. (The) |
85,000 | 472,378 | |||
| Hyakujushi Bank Ltd. (The) |
67,000 | 367,927 | |||
| Idec Corp./Japan |
800 | 8,138 | |||
| Iida Home Max Co., Ltd. |
43,700 | 146,950 | |||
| Iino Kaiun Kaisha Ltd. |
50,600 | 391,779 | |||
| Inaba Denki Sangyo Co., Ltd. |
2,500 | 55,692 | |||
| Ito En, Ltd. |
1,700 | 21,761 | |||
| Itochu Enex Co., Ltd. |
27,000 | 172,175 | |||
| Izumiya Co., Ltd. |
78,000 | 420,986 | |||
| Japan Airport Terminal Co., Ltd. |
41,500 | 412,791 | |||
| Juki Corp. |
127,000 | 209,344 | |||
| Kagome Co., Ltd. |
41,900 | 648,441 | |||
| Kagoshima Bank Ltd. (The) |
18,000 | 121,565 | |||
| Kanamoto Co., Ltd. |
46,000 | 185,014 | |||
| Kandenko Co., Ltd. |
85,000 | 480,384 | |||
| Kansai Paint Co., Ltd. |
114,000 | 694,749 | |||
| Kanto Natural Gas Development Ltd. |
80,000 | 435,548 | |||
See Notes to Financial Statements.
| 86 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree International SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Kasumi Co., Ltd. |
59,000 | $ | 317,883 | ||
| Kato Sangyo Co., Ltd. |
43,700 | 514,118 | |||
| Kato Works Co., Ltd. |
2,000 | 4,559 | |||
| Kayaba Industry Co., Ltd. |
95,000 | 256,817 | |||
| Keihin Corp. |
25,500 | 288,951 | |||
| Keisei Electric Railway Co., Ltd. |
85,000 | 461,169 | |||
| Keiyo Bank Ltd. (The) |
56,000 | 262,158 | |||
| Kintetsu World Express, Inc. |
18,000 | 292,808 | |||
| Kisoji Co., Ltd. |
13,600 | 263,251 | |||
| Kitz Corp. |
35,000 | 159,893 | |||
| Kiyo Holdings, Inc. |
167,000 | 237,526 | |||
| Kobayashi Pharmaceutical Co., Ltd. |
17,000 | 514,011 | |||
| Koei Co., Ltd. |
75,700 | 969,023 | |||
| Koito Manufacturing Co., Ltd. |
87,000 | 791,617 | |||
| Kojima Co., Ltd. |
63,100 | 246,659 | |||
| Kokuyo Co., Ltd. |
53,500 | 413,225 | |||
| Komeri Co., Ltd. |
17,000 | 474,780 | |||
| Komori Corp. |
15,000 | 198,229 | |||
| Konaka Co., Ltd. |
61,800 | 255,548 | |||
| K’s Holdings Corp. |
17,000 | 305,524 | |||
| Kyodo Printing Co., Ltd. |
155,000 | 394,198 | |||
| Kyowa Exeo Corp. |
85,000 | 758,207 | |||
| Lion Corp. |
88,000 | 465,841 | |||
| Maeda Corp. |
119,000 | 362,050 | |||
| Makino Milling Machine Co., Ltd. |
85,000 | 329,063 | |||
| Maruzen Showa Unyu Co., Ltd. |
162,000 | 437,941 | |||
| Matsui Securities Co., Ltd. |
148,600 | 1,049,781 | |||
| Matsumotokiyoshi Holdings Co., Ltd. |
24,605 | 463,060 | |||
| Meiji Dairies Corp. |
85,000 | 447,558 | |||
| Meiji Seika Kaisha Ltd. |
85,000 | 382,706 | |||
| Meitec Corp. |
17,000 | 450,761 | |||
| Michinoku Bank Ltd. (The) |
166,000 | 343,993 | |||
| Mie Bank Ltd. (The) |
66,000 | 262,968 | |||
| Miraca Holdings, Inc. |
7,400 | 142,194 | |||
| MISUMI Group, Inc. |
34,000 | 579,664 | |||
| Mitsubishi Rayon Co., Ltd. |
207,000 | 501,097 | |||
| Mitsui Mining & Smelting Co., Ltd. |
77,000 | 176,245 | |||
| Mitsuuroko Co., Ltd. |
86,000 | 505,477 | |||
| Miura Co., Ltd. |
1,900 | 40,894 | |||
| Miyazaki Bank Ltd. (The) |
111,000 | 326,209 | |||
| Mochida Pharmaceutical Co., Ltd. |
74,000 | 754,882 | |||
| Morinaga Milk Industry Co., Ltd. |
158,000 | 446,475 | |||
| Musashino Bank Ltd. (The) |
8,500 | 240,993 | |||
| Nabtesco Corp. |
82,000 | 645,712 | |||
| Nachi-Fujikoshi Corp. |
85,000 | 219,376 | |||
| Nagase & Co., Ltd. |
85,000 | 779,023 | |||
| NEC Fielding Ltd. |
27,000 | 254,321 | |||
| Nichiha Corp. |
14,000 | 96,793 | |||
| Nichirei Corp. |
85,000 | 441,954 | |||
| Nidec Sankyo Corp. |
39,000 | 183,676 | |||
| Nifco, Inc. |
24,400 | 419,901 | |||
| Nihon Dempa Kogyo Co., Ltd. |
10,400 | 174,762 | |||
| Nihon Kohden Corp. |
8,700 | 159,307 | |||
| Nihon Yamamura Glass Co., Ltd. |
201,000 | 340,790 | |||
| Investments | Shares | U.S. $ Value | |||
| Nippon Chemical Industrial Co., Ltd. |
192,000 | $ | 385,212 | ||
| Nippon Chemi-Con Corp. |
60,000 | 187,067 | |||
| Nippon Kayaku Co., Ltd. |
182,000 | 1,074,874 | |||
| Nippon Light Metal Co., Ltd. |
170,000 | 193,755 | |||
| Nippon Metal Industry Co., Ltd. |
46,000 | 81,458 | |||
| Nippon Paint Co., Ltd. |
85,000 | 341,073 | |||
| Nippon Shinyaku Co., Ltd. |
37,000 | 348,514 | |||
| Nippon Suisan Kaisha Ltd. |
102,000 | 369,896 | |||
| Nippon Thompson Co., Ltd. |
9,000 | 37,216 | |||
| Nippon Yakin Kogyo Co., Ltd. |
18,000 | 64,598 | |||
| Nipro Corp. |
20,000 | 336,269 | |||
| Nishimatsuya Chain Co., Ltd. |
34,000 | 319,936 | |||
| Nishi-Nippon Railroad Co., Ltd. |
170,000 | 565,252 | |||
| Nissan Shatai Co., Ltd. |
143,000 | 937,484 | |||
| Nissha Printing Co., Ltd. |
11,200 | 527,481 | |||
| Nissin Kogyo Co., Ltd. |
25,000 | 320,492 | |||
| Nitto Boseki Co., Ltd. |
89,000 | 186,945 | |||
| NS Solutions Corp. |
17,200 | 243,828 | |||
| Obic Co., Ltd. |
2,550 | 410,969 | |||
| Ogaki Kyoritsu Bank Ltd. (The) |
68,000 | 354,844 | |||
| Oita Bank Ltd. (The) |
54,000 | 277,719 | |||
| Okamura Corp. |
79,000 | 499,308 | |||
| Okasan Holdings, Inc. |
177,000 | 833,608 | |||
| Okinawa Electric Power Co., Inc. (The) |
4,500 | 213,206 | |||
| OKUMA Corp. |
67,000 | 377,394 | |||
| Okumura Corp. |
85,000 | 318,655 | |||
| Onward Kashiyama Co., Ltd. |
82,000 | 841,125 | |||
| Organo Corp. |
8,000 | 52,748 | |||
| OSAKA Titanium Technologies Co. |
2,200 | 70,249 | |||
| Osaki Electric Co., Ltd. |
4,000 | 17,143 | |||
| OSG Corp. |
34,000 | 283,106 | |||
| Pacific Metals Co., Ltd. |
103,000 | 727,641 | |||
| PanaHome Corp. |
85,000 | 465,973 | |||
| Paramount Bed Co., Ltd. |
14,000 | 184,618 | |||
| Paris Miki, Inc. |
25,500 | 214,492 | |||
| Park24 Co., Ltd. |
45,800 | 252,371 | |||
| Point, Inc. |
8,500 | 319,456 | |||
| Q.P. Corp. |
59,500 | 550,921 | |||
| Rengo Co., Ltd. |
163,000 | 1,088,560 | |||
| Resorttrust, Inc. |
12,700 | 118,070 | |||
| Riken Corp. |
115,000 | 350,963 | |||
| Roland DG Corp. |
1,600 | 28,514 | |||
| Royal Holdings Co., Ltd. |
400 | 3,542 | |||
| Ryobi Ltd. |
87,000 | 230,274 | |||
| Ryoden Trading Co., Ltd. |
75,000 | 392,785 | |||
| Ryosan Co., Ltd. |
27,900 | 570,273 | |||
| Ryoyo Electro Corp. |
42,800 | 359,606 | |||
| Sagami Railway Co., Ltd. |
170,000 | 638,911 | |||
| Saibu Gas Co., Ltd. |
179,000 | 396,223 | |||
| Sakata INX Corp. |
96,000 | 259,521 | |||
| Sanei-International Co., Ltd. |
10,800 | 117,191 | |||
| San-In Godo Bank Ltd. (The) |
64,000 | 490,105 | |||
| Sanken Electric Co., Ltd. |
30,000 | 122,922 | |||
| Sankyo Seiko Co., Ltd. |
120,000 | 200,066 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 87 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree International SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Sankyu, Inc. |
85,000 | $ | 297,838 | ||
| Sanwa Holdings Corp. |
85,000 | 315,452 | |||
| Sanyo Chemical Industries Ltd. |
55,000 | 263,693 | |||
| Sanyo Denki Co., Ltd. |
45,000 | 125,889 | |||
| Sanyo Shokai Ltd. |
143,000 | 730,052 | |||
| Sanyo Special Steel Co., Ltd. |
167,000 | 846,286 | |||
| Sasebo Heavy Industries Co., Ltd. |
63,000 | 118,683 | |||
| Satori Electric Co., Ltd. |
20,200 | 95,896 | |||
| Seikagaku Corp. |
49,300 | 474,123 | |||
| Seiko Holdings Corp. |
61,000 | 197,655 | |||
| Sekisui Plastics Co., Ltd. |
162,000 | 402,845 | |||
| Senshukai Co., Ltd. |
4,400 | 28,804 | |||
| Shiga Bank Ltd. (The) |
85,000 | 529,223 | |||
| Shimachu Co., Ltd. |
17,000 | 377,902 | |||
| Shindengen Electric Manufacturing Co., Ltd. |
8,000 | 16,578 | |||
| Shinko Electric Industries Co., Ltd. |
16,500 | 150,134 | |||
| Shinko Shoji Co., Ltd. |
23,300 | 159,116 | |||
| Shinwa Kaiun Kaisha Ltd. |
39,000 | 150,615 | |||
| Showa Corp. |
34,000 | 202,402 | |||
| Sohgo Security Services Co., Ltd. |
25,500 | 267,094 | |||
| SSP Co., Ltd. |
170,000 | 824,660 | |||
| Star Micronics Co., Ltd. |
17,700 | 178,225 | |||
| Starzen Co., Ltd. |
229,000 | 502,586 | |||
| Sumida Corp. |
36,200 | 302,789 | |||
| Sumitomo Osaka Cement Co., Ltd. |
170,000 | 269,015 | |||
| Sumitomo Real Estate Sales Co., Ltd. |
8,380 | 226,934 | |||
| Sumitomo Rubber Industries, Inc. |
29,500 | 256,196 | |||
| Sumitomo Warehouse Co., Ltd. (The) |
85,000 | 334,668 | |||
| Sundrug Co., Ltd. |
17,100 | 333,415 | |||
| Sysmex Corp. |
17,000 | 747,798 | |||
| Tadano Ltd. |
80,000 | 482,268 | |||
| Taihei Kogyo Co., Ltd. |
61,000 | 153,987 | |||
| Taiheiyo Cement Corp. |
73,000 | 103,829 | |||
| Taiyo Yuden Co., Ltd. |
14,000 | 133,980 | |||
| Takara Holdings, Inc. |
85,000 | 586,069 | |||
| Takata Corp. |
8,200 | 110,065 | |||
| Tamron Co., Ltd. |
5,300 | 76,281 | |||
| TOA Corp. |
73,000 | 377,497 | |||
| Tocalo Co., Ltd. |
13,500 | 153,356 | |||
| Toda Corp. |
167,000 | 659,097 | |||
| Toho Pharmaceutical Co., Ltd. |
33,900 | 474,820 | |||
| Toho Titanium Co., Ltd. |
3,000 | 44,647 | |||
| Toho Zinc Co., Ltd. |
35,000 | 92,639 | |||
| Tokai Rika Co., Ltd. |
8,400 | 103,729 | |||
| Tokai Rubber Industries, Inc. |
34,000 | 346,517 | |||
| Tokai Tokyo Securities Co., Ltd. |
264,000 | 872,830 | |||
| Token Corp. |
6,300 | 199,981 | |||
| Tokuyama Corp. |
25,000 | 140,819 | |||
| Tokyo Leasing Co., Ltd. |
3,100 | 23,301 | |||
| Tokyo Seimitsu Co., Ltd. |
20,400 | 242,306 | |||
| Tokyo Steel Manufacturing Co., Ltd. |
16,500 | 177,022 | |||
| Tokyo Style Co., Ltd. |
85,000 | 710,168 | |||
| Tokyo Tomin Bank Ltd. (The) |
17,000 | 270,937 | |||
| Tokyu Construction Co., Ltd. |
23,740 | 70,662 | |||
| Investments | Shares | U.S. $ Value | |||
| Tokyu Livable, Inc. |
27,200 | $ | 134,764 | ||
| Topcon Corp. |
19,000 | 122,055 | |||
| Toppan Forms Co., Ltd. |
41,600 | 410,260 | |||
| Toshiba Machine Co., Ltd. |
85,000 | 287,430 | |||
| Toshiba TEC Corp. |
85,000 | 328,263 | |||
| Toyo Corp./Chuo-ku |
7,500 | 72,623 | |||
| Toyo Ink Manufacturing Co., Ltd. |
85,000 | 246,597 | |||
| Toyobo Co., Ltd. |
170,000 | 278,623 | |||
| Trans Cosmos, Inc. |
48,900 | 378,156 | |||
| Tsubakimoto Chain Co. |
85,000 | 330,665 | |||
| ULVAC, Inc. |
17,000 | 465,973 | |||
| Uniden Corp. |
80,000 | 303,678 | |||
| Union Tool Co. |
8,500 | 196,557 | |||
| United Arrows Ltd. |
21,800 | 163,246 | |||
| Valor Co., Ltd. |
26,000 | 197,636 | |||
| Xebio Co., Ltd. |
17,000 | 323,459 | |||
| Yamatake Corp. |
25,500 | 400,881 | |||
| Yamazen Corp. |
42,100 | 123,724 | |||
| Yokohama Reito Co., Ltd. |
78,000 | 528,253 | |||
| Yokohama Rubber Co., Ltd. (The) |
163,000 | 861,329 | |||
| Yurtec Corp. |
102,000 | 417,934 | |||
| Zensho Co., Ltd. |
26,200 | 114,509 | |||
| Zeon Corp. |
77,000 | 261,103 | |||
| ZERIA Pharmaceutical Co., Ltd. |
63,000 | 610,625 | |||
| Total Japan | 95,725,285 | ||||
| Netherlands – 2.3% | |||||
| Aalberts Industries N.V. |
23,852 | 300,193 | |||
| Arcadis N.V. |
27,998 | 480,974 | |||
| ASM International N.V.* |
543 | 9,702 | |||
| Ballast Nedam N.V. |
8,902 | 256,211 | |||
| Beter BED Holding N.V. |
19,204 | 260,038 | |||
| Brunel International |
4,933 | 97,216 | |||
| Draka Holding |
17,476 | 353,241 | |||
| Exact Holding N.V. |
21,550 | 547,891 | |||
| Grontmij |
7,680 | 250,275 | |||
| Heijmans N.V. |
29,443 | 476,434 | |||
| Kardan N.V. |
18,107 | 133,529 | |||
| Koninklijke Wessanen N.V. |
79,534 | 702,703 | |||
| Macintosh Retail Group N.V. |
13,196 | 201,484 | |||
| OCE N.V. |
76,310 | 535,944 | |||
| OPG Groep N.V. |
21,485 | 293,641 | |||
| Ordina N.V. |
10,878 | 81,136 | |||
| Plaza Centers N.V. |
244,001 | 316,404 | |||
| Sligro Food Group N.V. |
7,593 | 225,682 | |||
| Smit Internationale N.V. |
11,456 | 981,592 | |||
| Telegraaf Media Groep N.V. |
18,668 | 505,560 | |||
| Ten Cate N.V. |
10,994 | 360,124 | |||
| TKH Group N.V. |
5,055 | 92,378 | |||
| USG People N.V. |
46,350 | 628,268 | |||
| Wavin N.V. |
92,361 | 522,832 | |||
| Total Netherlands | 8,613,452 | ||||
| New Zealand – 3.4% | |||||
| Air New Zealand Ltd. |
1,461,180 | 927,126 | |||
See Notes to Financial Statements.
| 88 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree International SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Auckland International Airport Ltd. |
1,220,210 | $ | 1,589,208 | ||
| Fisher & Paykel Appliances Holdings Ltd. |
463,304 | 495,105 | |||
| Fisher & Paykel Healthcare Corp. |
354,581 | 693,896 | |||
| Freightways Ltd. |
171,026 | 365,530 | |||
| Infratil Ltd. |
315,191 | 423,137 | |||
| Mainfreight Ltd. |
117,653 | 502,915 | |||
| New Zealand Refining Co., Ltd. (The) |
260,450 | 1,130,705 | |||
| Northern Crest Investments Ltd. |
716,267 | 50,849 | |||
| Nuplex Industries Ltd. |
98,483 | 388,083 | |||
| PGG Wrightson Ltd. |
401,791 | 429,370 | |||
| Port of Tauranga Ltd. |
127,402 | 561,606 | |||
| Pumpkin Patch Ltd. |
181,559 | 156,430 | |||
| Sky City Entertainment Group Ltd. |
575,339 | 1,406,424 | |||
| TrustPower Ltd. |
198,169 | 1,039,003 | |||
| Vector Ltd. |
1,394,826 | 1,947,053 | |||
| Warehouse Group Ltd. (The) |
496,719 | 1,001,911 | |||
| Total New Zealand | 13,108,351 | ||||
| Norway – 1.6% | |||||
| ABG Sundal Collier Holding ASA |
1,009,222 | 887,633 | |||
| Acta Holding ASA |
1,335,463 | 677,636 | |||
| Cermaq ASA |
30,952 | 197,890 | |||
| EDB Business Partner ASA |
34,000 | 97,762 | |||
| Ekornes ASA |
42,265 | 568,318 | |||
| Hafslund ASA Class B |
27,107 | 430,976 | |||
| Norwegian Property ASA |
160,800 | 271,975 | |||
| Scana Industrier |
71,297 | 130,841 | |||
| Sparebank 1 SMN |
83,024 | 533,618 | |||
| Sparebank 1 SR Bank |
88,163 | 574,104 | |||
| Sparebanken 1 Nord-Norge |
30,739 | 317,149 | |||
| Tandberg ASA |
2,200 | 29,061 | |||
| Tomra Systems ASA |
31,410 | 159,380 | |||
| TTS Marine ASA |
10,300 | 77,873 | |||
| Veidekke ASA |
181,790 | 959,330 | |||
| Wilh. Wilhelmsen ASA |
2,100 | 41,202 | |||
| Total Norway | 5,954,748 | ||||
| Portugal – 0.7% | |||||
| Banif SGPS, S.A. |
177,693 | 414,330 | |||
| Finibanco Holding SGPS, S.A. |
41,456 | 202,062 | |||
| Mota-Engil, SGPS, S.A. |
92,172 | 395,011 | |||
| SAG Gest-Solucoes Automovel Globais, SGPS, S.A. |
238,744 | 503,028 | |||
| Semapa-Sociedade de Investimento e Gestao, SGPS, S.A. |
117,629 | 1,140,070 | |||
| Total Portugal | 2,654,501 | ||||
| Singapore – 4.1% | |||||
| Allco Commercial Real Estate Investment Trust |
1,198,000 | 423,159 | |||
| Ascott Residence Trust |
294,000 | 144,974 | |||
| Cambridge Industrial Trust |
327,000 | 99,493 | |||
| China Aviation Oil Singapore Corp. Ltd. |
215,000 | 121,057 | |||
| Chip Eng Seng Corp. Ltd. |
774,000 | 121,809 | |||
| Creative Technology Ltd. |
165,350 | 584,051 | |||
| FJ Benjamin Holdings Ltd. |
1,663,000 | 343,138 | |||
| Frasers Centrepoint Trust |
127,000 | 72,840 | |||
| Investments | Shares | U.S. $ Value | |||
| Guocoland Ltd. |
463,102 | $ | 592,765 | ||
| Ho Bee Investment Ltd. |
1,179,000 | 498,912 | |||
| Hong Leong Asia Ltd. |
157,000 | 102,675 | |||
| Hotel Properties Ltd. |
328,000 | 309,715 | |||
| HupSteel Ltd. |
498,000 | 88,823 | |||
| Jaya Holdings Ltd. |
1,528,000 | 1,100,818 | |||
| Keppel Telecommunications & Transportation Ltd. |
243,538 | 281,064 | |||
| Kim Eng Holdings Ltd. |
277,000 | 234,434 | |||
| K-REIT Asia |
572,000 | 384,081 | |||
| KS Energy Services Ltd. |
109,000 | 113,597 | |||
| Midas Holdings Ltd. |
177,000 | 51,378 | |||
| MobileOne Ltd. |
1,228,800 | 1,564,255 | |||
| Orchard Parade Holdings Ltd. |
273,000 | 133,664 | |||
| Raffles Education Corp., Ltd. |
1,403,000 | 701,647 | |||
| Rotary Engineering Ltd. |
9,000 | 2,770 | |||
| SC Global Developments Ltd. |
391,000 | 187,337 | |||
| Singapore Airport Terminal Services Ltd. |
1,054,000 | 1,201,665 | |||
| Singapore Post Ltd. |
2,392,000 | 1,597,790 | |||
| SMRT Corp. Ltd. |
1,409,000 | 1,951,332 | |||
| Stamford Land Corp. Ltd. |
605,000 | 158,687 | |||
| Straits Trading Co., Ltd. |
208,000 | 520,837 | |||
| UOB-Kay Hian Holdings Ltd. |
1,010,000 | 883,052 | |||
| Venture Corp., Ltd. |
65,000 | 350,073 | |||
| WBL Corp., Ltd. |
255,000 | 552,913 | |||
| Wing Tai Holdings Ltd. |
537,000 | 353,067 | |||
| Total Singapore | 15,827,872 | ||||
| Spain – 1.0% | |||||
| Adolfo Dominguez S.A. |
10,441 | 142,260 | |||
| Cie Automotive S.A. |
37,600 | 220,766 | |||
| Duro Felguera S.A.* |
40,972 | 279,124 | |||
| Gestevision Telecinco, S.A. |
9,879 | 99,634 | |||
| Grupo Empresarial Ence S.A. |
68,803 | 499,650 | |||
| La Seda de Barcelona S.A. Class B |
120,823 | 113,708 | |||
| Realia Business S.A. |
52,036 | 202,466 | |||
| Renta Corp Real Estate S.A. |
51,403 | 291,701 | |||
| Tubacex S.A. |
25,581 | 159,540 | |||
| Tubos Reunidos, S.A. |
66,518 | 246,667 | |||
| Uralita, S.A. Class B |
132,962 | 999,193 | |||
| Vocento S.A. |
81,517 | 570,224 | |||
| Total Spain | 3,824,933 | ||||
| Sweden – 5.6% | |||||
| Aangpanneforeningen AB Class B |
5,900 | 128,615 | |||
| AarhusKarlshamn AB |
29,291 | 488,341 | |||
| Acando AB |
38,000 | 61,855 | |||
| Axfood AB |
62,699 | 1,681,505 | |||
| Axis Communications AB |
12,092 | 132,231 | |||
| B&B Tools AB Class B |
11,200 | 188,333 | |||
| BE Group AB |
26,400 | 143,874 | |||
| Bilia AB Class A |
37,743 | 178,627 | |||
| Billerud AB |
39,690 | 277,777 | |||
| Bjoern Borg AB |
31,500 | 144,111 | |||
| Brostrom AB Class B |
101,500 | 833,369 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 89 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree International SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Cardo AB |
18,807 | $ | 428,857 | ||
| Castellum AB |
49,700 | 424,101 | |||
| Clas Ohlson AB Class B |
34,010 | 409,715 | |||
| Connecta AB |
20,711 | 157,425 | |||
| D. Carnegie & Co. AB |
151,396 | 1,085,626 | |||
| Eniro AB |
413,432 | 1,417,092 | |||
| Fabege AB |
127,200 | 700,510 | |||
| Gunnebo AB |
10,800 | 54,211 | |||
| Haldex AB |
37,200 | 369,453 | |||
| Hemtex AB |
16,500 | 89,921 | |||
| Hoganas AB Class B |
25,509 | 381,387 | |||
| Holmen AB Class B |
30,200 | 961,514 | |||
| Husqvarna AB Class A |
33,800 | 246,008 | |||
| Industrivarden AB |
76,400 | 758,768 | |||
| Indutrade AB |
11,178 | 183,154 | |||
| Intrum Justitia AB |
67,029 | 701,749 | |||
| JM AB |
83,800 | 664,006 | |||
| KNOW IT AB |
3,400 | 23,210 | |||
| Kungsleden AB |
325,750 | 2,036,887 | |||
| Lindab International AB |
25,300 | 303,879 | |||
| Mekonomen AB |
14,200 | 158,847 | |||
| Munters AB |
28,921 | 201,164 | |||
| NCC AB Class B |
78,729 | 762,139 | |||
| New Wave Group AB Class B |
46,761 | 123,395 | |||
| Nibe Industrier AB Class B |
68,029 | 466,356 | |||
| Niscayah Group AB |
87,500 | 121,724 | |||
| Nobia AB |
119,327 | 379,916 | |||
| Nordnet AB Class B |
23,250 | 36,512 | |||
| ORC Software AB |
10,300 | 129,253 | |||
| Peab AB |
92,100 | 478,150 | |||
| Peab Industri AB Class B* |
24,800 | 173,567 | |||
| Q-Med AB |
13,504 | 57,907 | |||
| Rederi AB Transatlantic |
24,400 | 125,976 | |||
| Rezidor Hotel Group AB |
70,600 | 202,503 | |||
| rnb Retail and Brands AB |
143,200 | 167,377 | |||
| rnb Retail And Brands AB – NEW* |
134,361 | 145,484 | |||
| Skandinaviska Enskilda Banken AB Class C |
5,200 | 73,457 | |||
| SkiStar AB |
12,500 | 129,522 | |||
| Svenska Cellulosa AB Class B |
23,000 | 235,847 | |||
| TradeDoubler AB |
14,450 | 122,269 | |||
| Trelleborg AB Class B |
84,622 | 1,152,930 | |||
| Wihlborgs Fastigheter AB |
35,407 | 478,593 | |||
| Total Sweden | 21,578,999 | ||||
| Switzerland – 0.4% | |||||
| Galenica AG |
509 | 180,675 | |||
| Huber & Suhner AG |
3,518 | 138,053 | |||
| Kudelski S.A. |
22,440 | 273,983 | |||
| Rieter Holding AG |
2,567 | 773,820 | |||
| Von Roll Holding AG |
2,067 | 20,647 | |||
| Total Switzerland | 1,387,178 | ||||
| United Kingdom – 17.5% | |||||
| Aberdeen Asset Management PLC |
555,442 | 1,247,459 | |||
| Aga Rangemaster Group PLC |
34,025 | 88,546 | |||
| Investments | Shares | U.S. $ Value | |||
| Ashtead Group PLC |
140,341 | $ | 166,976 | ||
| Atkins WS PLC |
62,214 | 802,867 | |||
| BBA Aviation PLC |
147,131 | 298,313 | |||
| Beazley Group PLC |
62,279 | 130,436 | |||
| Bellway PLC |
136,288 | 1,311,802 | |||
| Big Yellow Group PLC |
56,365 | 326,520 | |||
| Bloomsbury Publishing PLC |
149,835 | 400,610 | |||
| BlueBay Asset Management PLC |
12,446 | 53,298 | |||
| Bodycote PLC |
291,398 | 818,058 | |||
| Bovis Homes Group PLC |
157,061 | 1,055,423 | |||
| Brewin Dolphin Holdings PLC |
105,575 | 234,757 | |||
| Brit Insurance Holdings PLC |
489,977 | 1,572,047 | |||
| British Polythene Industries |
8,329 | 31,919 | |||
| Britvic PLC |
93,921 | 339,422 | |||
| Business Post Group PLC |
20,035 | 109,277 | |||
| Carpetright PLC |
103,204 | 1,101,895 | |||
| Centaur Media PLC |
205,542 | 189,595 | |||
| Chaucer Holdings PLC |
163,426 | 160,214 | |||
| Chesnara PLC |
1,983 | 4,065 | |||
| Cineworld Group PLC |
70,349 | 142,949 | |||
| Close Brothers Group PLC |
116,758 | 1,156,080 | |||
| Collins Stewart PLC |
432,630 | 493,530 | |||
| Computacenter PLC |
52,240 | 91,718 | |||
| Cranswick PLC |
78,293 | 914,074 | |||
| Croda International PLC |
113,894 | 1,225,166 | |||
| Dairy Crest Group PLC |
132,727 | 946,316 | |||
| Davis Service Group PLC |
159,891 | 764,506 | |||
| Debenhams PLC |
1,410,801 | 1,225,907 | |||
| Development Securities PLC |
12,517 | 86,287 | |||
| Devro PLC |
287,810 | 400,145 | |||
| DS Smith PLC |
543,173 | 1,040,791 | |||
| Dsg International PLC |
1,487,932 | 1,266,407 | |||
| DTZ Holdings PLC |
103,390 | 234,045 | |||
| Electrocomponents PLC |
783,676 | 2,283,870 | |||
| Elementis PLC |
113,166 | 133,130 | |||
| Enodis PLC |
87,311 | 489,448 | |||
| Euromoney Institutional Investor PLC |
123,851 | 717,464 | |||
| F&C Asset Management PLC |
572,931 | 758,256 | |||
| Fiberweb PLC |
146,589 | 130,644 | |||
| Filtrona PLC |
241,182 | 693,205 | |||
| Findel PLC |
129,346 | 234,587 | |||
| Forth Ports PLC |
42,412 | 1,077,260 | |||
| Future PLC |
104,964 | 43,031 | |||
| Galliford Try PLC |
693,418 | 556,192 | |||
| Game Group PLC |
71,515 | 261,317 | |||
| Go-Ahead Group PLC |
41,265 | 1,215,827 | |||
| Greene King PLC |
55,838 | 454,347 | |||
| Greggs PLC |
17,150 | 956,809 | |||
| Halfords Group PLC |
202,769 | 936,995 | |||
| Halma PLC |
356,456 | 1,248,491 | |||
| Hargreaves Lansdown PLC |
26,186 | 83,899 | |||
| Headlam Group PLC |
6,604 | 25,514 | |||
| Helphire PLC |
115,737 | 284,687 | |||
| Henderson Group PLC |
404,628 | 786,139 | |||
See Notes to Financial Statements.
| 90 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree International SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Highway Insurance Group PLC |
238,867 | $ | 299,102 | ||
| HMV Group PLC |
683,733 | 1,544,725 | |||
| Hogg Robinson Group PLC |
230,469 | 137,618 | |||
| Holidaybreak PLC |
9,564 | 54,892 | |||
| International Personal Finance PLC |
10,889 | 48,135 | |||
| Interserve PLC |
83,448 | 447,713 | |||
| J D Wetherspoon PLC |
84,226 | 351,301 | |||
| Jardine Lloyd Thompson Group PLC |
254,244 | 2,003,043 | |||
| John Menzies PLC |
20,469 | 97,597 | |||
| Keller Group PLC |
10,419 | 123,221 | |||
| Kier Group PLC |
22,768 | 315,734 | |||
| Laird Group PLC |
117,633 | 517,373 | |||
| Lavendon Group PLC |
40,733 | 174,251 | |||
| Lookers PLC |
91,453 | 75,800 | |||
| Luminar Group Holdings PLC |
59,821 | 198,328 | |||
| Management Consulting Group PLC |
196,863 | 117,551 | |||
| Marshalls PLC |
44,250 | 121,465 | |||
| Marston’s PLC |
159,587 | 445,884 | |||
| McBride PLC |
62,313 | 111,070 | |||
| Melrose PLC |
78,116 | 199,806 | |||
| Michael Page International PLC |
73,068 | 300,854 | |||
| Misys PLC |
519,533 | 1,125,141 | |||
| Mitie Group PLC |
289,663 | 1,066,179 | |||
| MJ Gleeson Group PLC |
70,307 | 148,503 | |||
| Morgan Sindall PLC |
21,632 | 171,004 | |||
| Morse PLC |
79,698 | 61,795 | |||
| Mucklow A & J Group PLC |
36,289 | 181,113 | |||
| N. Brown Group PLC |
305,679 | 1,204,134 | |||
| New Star Asset Management Group PLC |
213,555 | 252,181 | |||
| Northern Foods PLC |
220,622 | 251,678 | |||
| Northgate PLC |
72,664 | 263,573 | |||
| Paragon Group Companies PLC |
37,226 | 43,130 | |||
| Pendragon PLC |
1,703,732 | 271,188 | |||
| Premier Farnell PLC |
441,962 | 1,284,073 | |||
| Premier Foods PLC |
624,627 | 832,241 | |||
| Provident Financial PLC |
95,202 | 1,444,933 | |||
| PZ Cussons PLC |
402,663 | 1,270,375 | |||
| Raymarine PLC |
39,578 | 76,895 | |||
| Renishaw PLC |
67,341 | 903,240 | |||
| Restaurant Group PLC |
247,810 | 548,823 | |||
| Rightmove PLC |
6,210 | 28,060 | |||
| Robert Walters PLC |
39,401 | 76,024 | |||
| ROK PLC |
73,108 | 99,037 | |||
| Rotork PLC |
37,936 | 626,490 | |||
| Safestore Holdings PLC |
30,906 | 71,890 | |||
| Savills PLC |
145,853 | 673,986 | |||
| Schroders PLC |
9,859 | 149,284 | |||
| Senior PLC |
115,406 | 174,849 | |||
| Severfield-Rowen PLC |
77,466 | 305,155 | |||
| Shore Capital Group PLC |
327,189 | 134,135 | |||
| SIG PLC |
62,662 | 430,293 | |||
| Smiths News PLC |
46,544 | 59,733 | |||
| Southern Cross Healthcare Ltd. |
52,203 | 95,841 | |||
| Spectris PLC |
97,441 | 1,154,127 | |||
| Investments | Shares | U.S. $ Value | |||
| Speedy Hire PLC |
8,731 | $ | 63,806 | ||
| Spirax-Sarco Engineering PLC |
71,320 | 1,150,474 | |||
| Sports Direct International PLC |
17,918 | 17,246 | |||
| SSL International PLC |
141,615 | 1,131,479 | |||
| St. Ives Group PLC |
107,909 | 188,976 | |||
| Sthree PLC |
58,154 | 185,286 | |||
| Taylor Nelson Sofres PLC |
288,309 | 1,248,767 | |||
| Topps Tiles PLC |
246,724 | 255,068 | |||
| Travis Perkins PLC |
116,558 | 1,098,004 | |||
| Trinity Mirror PLC |
494,589 | 744,935 | |||
| TT electronics PLC |
51,074 | 80,112 | |||
| Ultra Electronics Holdings PLC |
50,881 | 1,142,729 | |||
| Unite Group PLC |
30,902 | 125,034 | |||
| UTV Media PLC |
75,159 | 168,464 | |||
| Victrex PLC |
83,389 | 1,062,752 | |||
| VT Group PLC |
120,410 | 1,116,048 | |||
| Yule Catto & Co., PLC |
53,818 | 121,589 | |||
| Total United Kingdom | 66,867,867 | ||||
| TOTAL COMMON STOCKS (Cost: $578,804,070) |
377,933,266 | ||||
| SHORT-TERM INVESTMENT – 0.2% | |||||
| MONEY MARKET FUND – 0.2% | |||||
| United States – 0.2% | |||||
| Columbia Cash Reserves Fund, 2.08%(a) (Cost: $838,318) |
838,318 | 838,318 | |||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.0% | |||||
| MONEY MARKET FUND(b) – 0.0% | |||||
| UBS Private Money Market Fund LLC, 3.01% (Cost: $153,070)(c) |
153,070 | 153,070 | |||
| TOTAL INVESTMENTS IN SECURITIES – 99.0% (Cost: $579,795,458)(d) |
378,924,654 | ||||
| Foreign Currency and Other Assets in |
3,706,301 | ||||
| NET ASSETS – 100.0% | $ | 382,630,955 | |||
RSP – Risparmio Italian Savings Shares.
| * | Non-income producing security. |
| (a) |
Rate shown represents annualized 7-day yield as of September 30, 2008. |
| (b) |
Interest rate shown reflects yield as of September 30, 2008. |
| (c) |
At September 30, 2008, the total market value of the Fund’s securities on loan was $0 and the total market value of the collateral held by the Fund was $153,070. |
| (d) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 91 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International Real Estate Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.1% | |||||
| Australia – 24.7% | |||||
| Abacus Property Group |
263,589 | $ | 187,127 | ||
| ALE Property Group |
48,338 | 108,668 | |||
| APN/UKA European Retail Property Group |
419,672 | 62,897 | |||
| Aspen Group |
112,879 | 101,504 | |||
| Australand Property Group |
606,116 | 265,348 | |||
| Babcock & Brown Japan Property Trust |
306,467 | 141,419 | |||
| Bunnings Warehouse Property Trust |
116,188 | 164,510 | |||
| CFS Retail Property Trust |
439,798 | 780,554 | |||
| Charter Hall Group |
103,317 | 71,717 | |||
| Commonwealth Property Office Fund |
503,468 | 571,875 | |||
| DB RREEF Trust |
706,552 | 796,980 | |||
| FKP Property Group |
81,646 | 247,949 | |||
| Goodman Group |
701,950 | 1,345,487 | |||
| GPT Group |
1,030,162 | 1,422,036 | |||
| ING Industrial Fund |
668,889 | 817,811 | |||
| ING Office Fund |
708,132 | 793,176 | |||
| ING Real Estate Community Living Group |
293,436 | 72,911 | |||
| Lend Lease Corp. Ltd. |
174,016 | 1,260,082 | |||
| MAC Services Group |
5,925 | 10,749 | |||
| Macquarie CountryWide Trust |
750,831 | 562,643 | |||
| Macquarie DDR Trust |
689,613 | 168,630 | |||
| Macquarie Leisure Trust Group |
84,601 | 98,765 | |||
| Macquarie Office Trust |
1,199,203 | 737,827 | |||
| Mirvac Group |
551,351 | 1,061,170 | |||
| Mirvac Industrial Trust Class U |
405,874 | 57,628 | |||
| Mirvac Real Estate Investment Trust |
20,154 | 9,856 | |||
| Peet & Co., Ltd. |
19,328 | 34,456 | |||
| Stockland |
331,716 | 1,412,951 | |||
| Sunland Group Ltd. |
123,003 | 233,830 | |||
| Tishman Speyer Office Fund |
214,895 | 157,644 | |||
| Trinity Group |
20,336 | 10,748 | |||
| Valad Property Group |
387,611 | 90,196 | |||
| Westfield Group |
640,284 | 8,404,136 | |||
| Total Australia | 22,263,280 | ||||
| Austria – 0.4% | |||||
| IMMOFINANZ AG |
96,036 | 329,148 | |||
| Belgium – 1.5% | |||||
| Banimmo Class A |
4,682 | 118,378 | |||
| Cofinimmo |
3,952 | 682,795 | |||
| Compagnie Immobiliere de Belgique S.A. |
1,612 | 82,420 | |||
| Intervest Offices |
1,713 | 64,918 | |||
| Leasinvest Real Estate SCA |
2,092 | 202,758 | |||
| Warehouses De Pauw SCA |
3,428 | 187,791 | |||
| Wereldhave Belgium N.V. |
553 | 39,041 | |||
| Total Belgium | 1,378,101 | ||||
| Denmark – 0.1% | |||||
| Jeudan A/S |
260 | 25,942 | |||
| Nordicom A/S |
583 | 35,177 | |||
| Total Denmark | 61,119 | ||||
| Investments | Shares | U.S. $ Value | |||
| Finland – 0.5% | |||||
| Citycon Oyj |
41,421 | $ | 133,819 | ||
| Sponda Oyj |
39,705 | 236,472 | |||
| Technopolis PLC |
11,528 | 79,021 | |||
| Total Finland | 449,312 | ||||
| France – 15.1% | |||||
| Affine S.A. |
4,570 | 178,134 | |||
| ANF S.A. |
2,245 | 109,929 | |||
| Cegereal |
654 | 23,885 | |||
| Fonciere Des Regions |
17,015 | 1,751,879 | |||
| Gecina S.A. |
23,964 | 2,558,239 | |||
| ICADE |
12,675 | 1,014,825 | |||
| Klepierre |
33,465 | 1,287,041 | |||
| Les Nouveaux Constructeurs Investissement S.A. |
14,018 | 54,739 | |||
| Mercialys |
13,436 | 567,696 | |||
| Societe de la Tour Eiffel |
3,006 | 266,601 | |||
| Societe Immobiliere De Location pour l’Industrie et le Commerce |
5,591 | 683,246 | |||
| Unibail-Rodamco |
25,753 | 5,141,044 | |||
| Total France | 13,637,258 | ||||
| Germany – 0.9% | |||||
| Deutsche Euroshop AG |
10,342 | 334,700 | |||
| DIC Asset AG |
11,812 | 164,258 | |||
| IVG Immobilien AG |
25,273 | 241,043 | |||
| Vivacon AG |
5,859 | 55,387 | |||
| Total Germany | 795,388 | ||||
| Hong Kong – 17.0% | |||||
| Champion Real Estate Investment Trust |
1,012,000 | 411,873 | |||
| Cheung Kong (Holdings) Ltd. |
249,238 | 2,768,652 | |||
| China Overseas Land & Investment Ltd. |
290,000 | 343,621 | |||
| Guangzhou Investment Co., Ltd. |
1,318,000 | 125,615 | |||
| GZI Real Estate Investment Trust |
334,233 | 106,326 | |||
| Hang Lung Group Ltd. |
140,649 | 438,376 | |||
| Hang Lung Properties Ltd. |
483,283 | 1,112,920 | |||
| Henderson Land Development Co., Ltd. |
255,320 | 1,118,043 | |||
| Hysan Development Co., Ltd. |
231,115 | 594,728 | |||
| Kowloon Development Co., Ltd. |
307,398 | 273,178 | |||
| Link REIT (The) |
317,446 | 654,979 | |||
| New World Development Co., Ltd. |
494,125 | 537,760 | |||
| Prosperity Real Estate Investment Trust |
456,905 | 78,854 | |||
| Regal Real Estate Investment Trust |
832,000 | 123,230 | |||
| Shenzhen Investment Ltd. |
1,434,000 | 208,700 | |||
| Silver Grant International Industries Ltd. |
194,000 | 19,239 | |||
| Sino Land Co. Ltd. |
594,305 | 650,614 | |||
| Sun Hung Kai Properties Ltd. |
257,871 | 2,603,835 | |||
| Sunlight Real Estate Investment Trust |
17,000 | 3,547 | |||
| Swire Pacific Ltd. Class A |
146,959 | 1,275,707 | |||
| Swire Pacific Ltd. Class B |
439,798 | 753,355 | |||
| Tian An China Investment |
83,000 | 30,680 | |||
| Wharf Holdings Ltd. |
327,545 | 917,540 | |||
| Wheelock & Co., Ltd. |
105,231 | 188,930 | |||
| Total Hong Kong | 15,340,302 | ||||
See Notes to Financial Statements.
| 92 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree International Real Estate Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Italy – 1.1% | |||||
| Beni Stabili SpA |
624,224 | $ | 569,931 | ||
| Immobiliare Grande Distribuzione |
38,919 | 85,719 | |||
| Pirelli & C Real Estate SpA |
26,216 | 330,682 | |||
| Total Italy | 986,332 | ||||
| Japan – 12.9% | |||||
| Advance Residence Investment Corp. |
31 | 110,667 | |||
| Aeon Mall Co., Ltd. |
2,996 | 87,483 | |||
| BLife Investment Corp. |
19 | 49,395 | |||
| Creed Office Investment Corp. |
76 | 123,129 | |||
| Crescendo Investment Corp. |
19 | 31,999 | |||
| DA Office Investment Corp. |
39 | 141,431 | |||
| Daito Trust Construction Co., Ltd. |
8,000 | 291,622 | |||
| Daiwa House Industry Co., Ltd. |
59,000 | 549,070 | |||
| Frontier Real Estate Investment Corp. |
18 | 103,085 | |||
| Fukuoka REIT Corp. |
31 | 157,971 | |||
| Global One Real Estate Investment Corp. |
29 | 265,238 | |||
| Hankyu REIT, Inc. |
26 | 122,451 | |||
| Heiwa Real Estate Co., Ltd. |
18,191 | 63,398 | |||
| Iida Home Max |
23,600 | 79,359 | |||
| Japan Excellent, Inc. |
42 | 183,168 | |||
| Japan Hotel and Resort, Inc. |
32 | 66,010 | |||
| Japan Logistics Fund, Inc. |
13 | 76,532 | |||
| Japan Prime Realty Investment Corp. |
173 | 400,867 | |||
| Japan Real Estate Investment Corp. |
93 | 732,332 | |||
| Japan Retail Fund Investment Corp. |
118 | 475,712 | |||
| Japan Single-Residence REIT, Inc. |
31 | 37,931 | |||
| Joint REIT Investment Corp. |
31 | 62,838 | |||
| Kenedix Realty Investment Corp. |
60 | 217,586 | |||
| Kenedix, Inc. |
57 | 31,946 | |||
| Land Business Co., Ltd. |
95 | 17,950 | |||
| LaSalle Japan REIT, Inc. |
34 | 62,130 | |||
| LCP Investment Corp. |
67 | 109,558 | |||
| Leopalace21 Corp. |
25,961 | 196,606 | |||
| Meiwa Estate Co., Ltd. |
12,466 | 52,370 | |||
| MID REIT, Inc. |
58 | 134,558 | |||
| Mitsubishi Estate Co., Ltd. |
37,589 | 711,665 | |||
| Mitsui Fudosan Co., Ltd. |
33,308 | 615,240 | |||
| Mori Hills REIT Investment Corp. |
26 | 106,532 | |||
| Mori Trust Sogo REIT, Inc. |
54 | 403,353 | |||
| New City Residence Investment Corp. |
133 | 185,410 | |||
| Nippon Accommodations Fund, Inc. |
26 | 123,431 | |||
| Nippon Building Fund, Inc. |
97 | 915,499 | |||
| Nippon Commercial Investment Corp. |
88 | 185,673 | |||
| Nippon Hotel Fund Investment Corp. |
8 | 18,236 | |||
| Nippon Residential Investment Corp. |
66 | 161,573 | |||
| Nomura Real Estate Holdings, Inc. |
11,965 | 275,556 | |||
| Nomura Real Estate Office Fund, Inc. |
62 | 414,638 | |||
| NTT Urban Development Corp. |
95 | 112,570 | |||
| Orix JREIT, Inc. |
53 | 266,086 | |||
| Premier Investment Corp. |
31 | 129,647 | |||
| Prospect Residential Investment Corp. |
7 | 13,734 | |||
| re-plus residential investment, Inc. |
76 | 121,697 | |||
| Investments | Shares | U.S. $ Value | |||
| Sankei Building Co., Ltd. (The) |
4,042 | $ | 17,666 | ||
| Shoei Co., Ltd. |
335 | 3,174 | |||
| Sumitomo Real Estate Sales Co., Ltd. |
3,286 | 88,986 | |||
| Sumitomo Realty & Development Co., Ltd. |
18,279 | 381,368 | |||
| TGR Investment, Inc. |
31 | 45,289 | |||
| TOC Co., Ltd. |
14,509 | 54,393 | |||
| Toho Real Estate Co., Ltd. |
12,370 | 60,239 | |||
| Tokyo Tatemono Co., Ltd. |
31,751 | 145,648 | |||
| Tokyu Community Corp. |
400 | 6,473 | |||
| Tokyu Land Corp. |
31,168 | 111,267 | |||
| Tokyu Livable, Inc. |
10,869 | 53,851 | |||
| Tokyu REIT, Inc. |
57 | 362,944 | |||
| Top REIT, Inc. |
62 | 219,583 | |||
| Tosei Corp |
120 | 36,792 | |||
| United Urban Investment Corp. |
62 | 266,886 | |||
| Total Japan | 11,649,491 | ||||
| Netherlands – 1.4% | |||||
| Eurocommercial Properties N.V. Class A |
10,223 | 437,972 | |||
| Plaza Centers N.V. |
68,423 | 88,726 | |||
| VastNed Offices/Industrial N.V. |
10,654 | 219,988 | |||
| VastNed Retail N.V. |
6,841 | 477,097 | |||
| Total Netherlands | 1,223,783 | ||||
| New Zealand – 0.9% | |||||
| AMP NZ Office Trust |
191,277 | 141,807 | |||
| Goodman Property Trust |
322,293 | 251,854 | |||
| ING Property Trust |
411,701 | 195,232 | |||
| Kiwi Income Property Trust |
337,189 | 261,242 | |||
| Total New Zealand | 850,135 | ||||
| Norway – 0.1% | |||||
| Norwegian Property ASA |
40,000 | 67,656 | |||
| Singapore – 6.4% | |||||
| Allgreen Properties Ltd. |
782,756 | 347,660 | |||
| Ascendas Real Estate Investment Trust |
594,408 | 777,466 | |||
| Ascott Residence Trust |
37,000 | 18,245 | |||
| Cambridge Industrial Trust |
4,280 | 1,302 | |||
| CapitaCommercial Trust |
327,635 | 300,204 | |||
| CapitaLand Ltd. |
282,589 | 604,828 | |||
| CapitaMall Trust |
442,786 | 696,837 | |||
| CapitaRetail China Trust |
50,000 | 25,180 | |||
| CDL Hospitality Trusts |
121,432 | 73,044 | |||
| City Developments Ltd. |
121,103 | 744,559 | |||
| Fortune Real Estate Investment Trust |
477,596 | 185,149 | |||
| Frasers Centrepoint Trust |
52,432 | 30,072 | |||
| Frasers Commercial Trust |
1,070 | 378 | |||
| GuocoLand Ltd. |
135,985 | 174,059 | |||
| Ho Bee Investment Ltd. |
95,000 | 40,201 | |||
| Keppel Land Ltd. |
31,168 | 61,695 | |||
| K-REIT Asia |
143,000 | 96,020 | |||
| Macquarie MEAG Prime Real Estate Investment Trust |
447,526 | 258,242 | |||
| Mapletree Logistics Trust |
311,285 | 158,941 | |||
| Orchard Parade Holdings Ltd. |
17,000 | 8,323 | |||
| SC Global Developments Ltd. |
37,000 | 17,728 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 93 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree International Real Estate Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Singapore Land Ltd. |
126,544 | $ | 424,852 | ||
| Suntec Real Estate Investment Trust |
360,828 | 292,761 | |||
| United Industrial Corp., Ltd. |
118,147 | 169,407 | |||
| UOL Group Ltd. |
106,000 | 184,612 | |||
| Wheelock Properties S Ltd. |
57,003 | 49,041 | |||
| Wing Tai Holdings Ltd. |
117,064 | 76,967 | |||
| Total Singapore | 5,817,773 | ||||
| Spain – 2.6% | |||||
| Metrovacesa S.A. |
22,228 | 1,562,689 | |||
| Parquesol Inmobiliaria y Proyectos S.A. |
9,936 | 195,392 | |||
| Realia Business S.A. |
99,732 | 388,046 | |||
| Renta Corp. Real Estate S.A. |
36,890 | 209,343 | |||
| Total Spain | 2,355,470 | ||||
| Sweden – 2.4% | |||||
| Castellum AB |
39,570 | 337,659 | |||
| Fabege AB |
69,041 | 380,219 | |||
| Hufvudstaden AB Class A |
33,876 | 257,492 | |||
| Klovern AB |
58,030 | 146,474 | |||
| Kungsleden Fastighet AB |
113,587 | 710,250 | |||
| Wallenstam Byggnads AB Class B |
9,354 | 116,040 | |||
| Wihlborgs Fastigheter AB |
13,800 | 186,533 | |||
| Total Sweden | 2,134,667 | ||||
| Switzerland – 0.6% | |||||
| Allreal Holding AG |
3,112 | 352,485 | |||
| Intershop Holdings |
825 | 229,565 | |||
| Total Switzerland | 582,050 | ||||
| United Kingdom – 10.5% | |||||
| Big Yellow Group PLC |
24,983 | 144,725 | |||
| British Land Co. PLC |
117,577 | 1,560,286 | |||
| Brixton PLC |
68,566 | 253,597 | |||
| Capital & Regional PLC |
40,281 | 121,340 | |||
| Daejan Holdings PLC |
2,538 | 125,085 | |||
| Derwent London PLC |
9,458 | 175,833 | |||
| Development Securities PLC |
6,104 | 42,079 | |||
| DTZ Holdings PLC |
27,667 | 62,630 | |||
| Grainger PLC |
22,284 | 79,440 | |||
| Great Portland Estates PLC |
29,028 | 172,556 | |||
| Hammerson PLC |
43,696 | 756,272 | |||
| Land Securities Group PLC |
136,624 | 3,044,066 | |||
| Liberty International PLC |
67,867 | 1,159,492 | |||
| Mucklow A & J Group PLC |
19,298 | 96,314 | |||
| Primary Health Properties PLC |
15,067 | 73,989 | |||
| Safestore Holdings PLC |
45,307 | 105,388 | |||
| Savills PLC |
57,489 | 265,657 | |||
| Segro Plc |
115,057 | 854,684 | |||
| Shaftesbury PLC |
19,683 | 148,230 | |||
| St. Modwen Properties PLC |
28,992 | 149,863 | |||
| UNITE Group PLC |
14,314 | 57,917 | |||
| Investments | Shares | U.S. $ Value | |||
| Warner Estate (Holdings) PLC |
15,150 | $ | 24,304 | ||
| Workspace Group PLC |
19,111 | 43,943 | |||
| Total United Kingdom | 9,517,690 | ||||
| TOTAL COMMON STOCKS (Cost: $139,644,091) |
89,438,955 | ||||
| MUTUAL FUNDS – 0.1% | |||||
| Australia – 0.1% | |||||
| Sparkassen Immo Invest Genusscheine (Cost: $61,293) |
509 | 44,685 | |||
| TOTAL INVESTMENTS IN SECURITIES – 99.2% (Cost: $139,705,384)(a) |
89,483,640 | ||||
| Cash, Foreign Currency and Other Assets in |
737,696 | ||||
| NET ASSETS – 100.0% | $ | 90,221,336 | |||
| (a) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 94 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Emerging Markets High-Yielding Equity Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 98.7% | |||||
| Argentina – 0.1% | |||||
| BBVA Banco Frances S.A. ADR |
41,340 | $ | 197,192 | ||
| Brazil – 8.0% | |||||
| AES Tiete S.A. |
38,832 | 283,648 | |||
| BM&F BOVESPA S.A. |
402,783 | 1,749,823 | |||
| Bradespar S.A. |
50,100 | 634,772 | |||
| Cia de Concessoes Rodoviarias |
71,398 | 916,465 | |||
| Cia Energetica de Minas Gerais |
62,726 | 1,025,299 | |||
| CPFL Energia S.A. |
229,098 | 4,250,716 | |||
| EDP - Energias do Brasil S.A. |
30,600 | 371,207 | |||
| Empresa Brasileira de Aeronautica S.A. |
187,900 | 1,256,596 | |||
| Equatorial Energia S.A. |
40,600 | 241,838 | |||
| Eternit S.A. |
19,300 | 59,032 | |||
| Grendene S.A. |
28,998 | 208,959 | |||
| Natura Cosmeticos S.A. |
105,000 | 1,018,456 | |||
| Telecomunicacoes de Sao Paulo S.A. |
116,198 | 2,337,273 | |||
| Tractebel Energia S.A. |
203,098 | 2,116,317 | |||
| Total Brazil | 16,470,401 | ||||
| Chile – 3.7% | |||||
| Administradora de Fondos de Pensiones Provida S.A. |
144,582 | 230,828 | |||
| Banco de Chile |
28,640,002 | 1,896,517 | |||
| Banco de Credito e Inversiones |
21,039 | 534,372 | |||
| Banco Santander Chile S.A. |
45,741,397 | 1,809,076 | |||
| Cia General de Electricidad |
80,016 | 413,726 | |||
| CorpBanca S.A. |
81,752,781 | 391,559 | |||
| Empresa Nacional de Telecomunicaciones S.A. |
114,675 | 1,427,196 | |||
| Madeco S.A. |
1,140,213 | 97,224 | |||
| Quinenco S.A. |
299,042 | 499,127 | |||
| Sociedad Matriz Banco de Chile Class B |
3,129,379 | 300,902 | |||
| Total Chile | 7,600,527 | ||||
| China – 0.8% | |||||
| Beijing Capital Land Ltd. Class H |
596,000 | 83,670 | |||
| Huaneng Power International, Inc. Class H |
747,992 | 490,354 | |||
| Jiangsu Expressway Co., Ltd. Class H |
264,000 | 195,169 | |||
| Weiqiao Textile Co., Ltd. Class H |
388,000 | 188,894 | |||
| Zhejiang Expressway Co., Ltd. Class H |
1,218,000 | 709,056 | |||
| Total China | 1,667,143 | ||||
| Czech Republic – 2.6% | |||||
| Komercni Banka A.S. |
7,326 | 1,607,729 | |||
| Telefonica O2 Czech Republic A.S. |
155,976 | 3,633,950 | |||
| Total Czech Republic | 5,241,679 | ||||
| Hungary – 1.1% | |||||
| Magyar Telekom Telecommunications PLC |
483,391 | 2,246,329 | |||
| Indonesia – 1.2% | |||||
| International Nickel Indonesia Tbk PT |
7,620,460 | 2,484,932 | |||
| Israel – 3.3% | |||||
| Avner Oil & Gas Ltd. LP |
1,433,163 | 125,647 | |||
| Bank Leumi Le-Israel BM |
424,036 | 1,540,837 | |||
| Bezeq Israeli Telecommunication Corp. Ltd. |
553,683 | 986,809 | |||
| Investments | Shares | U.S. $ Value | |||
| Blue Square-Israel Ltd. |
24,332 | $ | 249,811 | ||
| Clal Industries and Investments Ltd. |
67,691 | 233,087 | |||
| Clal Insurance Enterprise Holdings, Ltd. |
35,197 | 490,271 | |||
| Delek Automotive Systems Ltd. |
45,128 | 469,045 | |||
| Harel Insurance Investments & Finances Ltd. |
5,121 | 212,520 | |||
| IDB Development Corp., Ltd. |
16,132 | 232,617 | |||
| Industrial Buildings Corp. |
80,009 | 143,197 | |||
| Ituran Location and Control Ltd. |
10,091 | 111,925 | |||
| Koor Industries Ltd. |
7,782 | 323,175 | |||
| Menorah Mivtachim Holdings Ltd. |
12,472 | 91,000 | |||
| Partner Communications Co. |
55,848 | 1,087,164 | |||
| Shufersal Ltd. |
99,375 | 487,203 | |||
| Total Israel | 6,784,308 | ||||
| Malaysia – 8.3% | |||||
| Batu Kawan Bhd |
98,500 | 214,597 | |||
| Berjaya Corp Bhd |
1,491,100 | 275,047 | |||
| Berjaya Sports Toto Bhd |
457,600 | 595,512 | |||
| British American Tobacco (Malaysia) Bhd |
109,300 | 1,317,633 | |||
| Digi.Com Bhd |
194,600 | 1,266,243 | |||
| Gamuda Bhd |
1,159,100 | 717,178 | |||
| Hong Leong Financial Group Bhd |
221,600 | 283,236 | |||
| IOI Properties Bhd |
176,800 | 225,975 | |||
| Lafarge Malayan Cement Berhad |
173,100 | 185,042 | |||
| Malaysia Airports Holdings Bhd |
214,800 | 162,855 | |||
| Malaysian Bulk Carriers Bhd |
512,200 | 455,289 | |||
| Malaysian Pacific Industries |
40,600 | 81,377 | |||
| O.S.K Holdings Bhd |
316,700 | 130,636 | |||
| O.S.K Property Holdings Bhd |
55,254 | 9,309 | |||
| Petronas Gas Bhd |
437,000 | 1,256,732 | |||
| PLUS Expressways Bhd |
1,216,100 | 950,271 | |||
| Public Bank Bhd |
1,106,000 | 3,212,781 | |||
| Shell Refining Co. Federation of Malaya Bhd |
72,800 | 222,048 | |||
| SP Setia Bhd |
257,800 | 232,151 | |||
| Star Publications Malaysia Bhd |
175,200 | 164,894 | |||
| Telekom Malaysia Bhd |
2,484,000 | 2,366,745 | |||
| Tenaga Nasional Bhd |
969,400 | 1,914,864 | |||
| YTL Power International Bhd |
1,730,565 | 889,789 | |||
| Total Malaysia | 17,130,204 | ||||
| Mexico – 2.4% | |||||
| Embotelladoras Arca SAB de C.V. |
197,998 | 585,665 | |||
| Grupo Aeroportuario Del Centro Norte SAB de C.V. |
72,900 | 109,475 | |||
| Grupo Continental SAB de C.V. |
282,296 | 601,722 | |||
| Grupo Mexico SAB de C.V. Series B |
2,111,357 | 2,209,859 | |||
| Kimberly-Clark de Mexico SAB de C.V. Series A |
331,696 | 1,433,966 | |||
| Total Mexico | 4,940,687 | ||||
| Philippines – 2.1% | |||||
| Aboitiz Equity Ventures, Inc. |
1,256,000 | 186,865 | |||
| First Gen Corp. |
289,800 | 112,409 | |||
| First Philippine Holdings Corp. |
192,500 | 79,782 | |||
| Globe Telecom, Inc. |
38,348 | 835,424 | |||
| Philippine Long Distance Telephone Co. |
52,528 | 2,997,613 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 95 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets High-Yielding Equity Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Robinsons Land Corp. |
667,000 | $ | 107,741 | ||
| Universal Robina Corp. |
467,900 | 94,475 | |||
| Total Philippines | 4,414,309 | ||||
| Poland – 7.1% | |||||
| ABG S.A. |
15,101 | 35,739 | |||
| Bank Handlowy w Warszawie S.A. |
36,118 | 950,612 | |||
| Bank Pekao S.A. |
73,489 | 5,205,592 | |||
| KGHM Polska Miedz S.A. |
85,709 | 1,774,466 | |||
| Polskie Gornictwo Naftowe I Gazownictwo S.A. |
1,543,464 | 2,098,340 | |||
| Telekomunikacja Polska S.A. |
473,386 | 4,479,473 | |||
| Total Poland | 14,544,222 | ||||
| Russia – 1.0% | |||||
| Surgutneftegaz-SP ADR |
374,400 | 1,988,063 | |||
| South Africa – 11.6% | |||||
| ABSA Group Ltd. |
234,463 | 3,057,973 | |||
| Adcorp Holdings Ltd. |
10,950 | 37,291 | |||
| Afgri Ltd. |
153,204 | 91,397 | |||
| African Bank Investments Ltd. |
446,028 | 1,357,370 | |||
| Astral Foods Ltd. |
13,569 | 158,129 | |||
| AVI Ltd. |
81,436 | 147,026 | |||
| Capital Property Fund |
190,800 | 119,817 | |||
| City Lodge Hotels Ltd. |
5,828 | 50,674 | |||
| FirstRand Ltd. |
2,022,997 | 4,082,321 | |||
| Foschini Ltd. |
127,382 | 607,633 | |||
| Growthpoint Properties Ltd. |
568,176 | 940,024 | |||
| Hyprop Investments Ltd. |
62,310 | 296,476 | |||
| Investec Ltd. |
97,951 | 561,873 | |||
| JD Group Ltd. |
49,138 | 176,539 | |||
| Lewis Group Ltd. |
40,273 | 194,492 | |||
| Massmart Holdings Ltd. |
53,687 | 486,257 | |||
| Metropolitan Holdings Ltd. |
256,617 | 340,890 | |||
| Mondi Ltd. |
42,456 | 230,721 | |||
| Mr. Price Group Ltd. |
67,969 | 182,632 | |||
| Nedbank Group Ltd. |
174,900 | 2,186,078 | |||
| Northam Platinum Ltd. |
72,827 | 395,768 | |||
| Pangbourne Properties Ltd. |
118,558 | 182,548 | |||
| Peregrine Holdings Ltd. |
36,540 | 42,803 | |||
| Pick’n Pay Holdings Ltd. |
139,587 | 213,241 | |||
| Pick’n Pay Stores Ltd. |
128,903 | 459,220 | |||
| Pretoria Portland Cement Co., Ltd. |
189,846 | 716,452 | |||
| PSG Group Ltd. |
44,632 | 85,161 | |||
| Rainbow Chicken Ltd. |
57,492 | 96,507 | |||
| Real Africa Holdings Ltd. |
34,525 | 16,010 | |||
| Reunert Ltd. |
55,916 | 388,208 | |||
| RMB Holdings Ltd. |
449,438 | 1,411,168 | |||
| Sanlam Ltd. |
669,695 | 1,423,395 | |||
| Santam Ltd. |
28,045 | 301,426 | |||
| Sun International Ltd. |
24,334 | 266,624 | |||
| Telkom S.A. Ltd. |
125,608 | 1,594,550 | |||
| Truworths International Ltd. |
142,156 | 501,112 | |||
| Woolworths Holdings Ltd. |
361,014 | 510,088 | |||
| Total South Africa | 23,909,894 | ||||
| Investments | Shares | U.S. $ Value | |||
| South Korea – 4.7% | |||||
| Daishin Securities Co., Ltd. |
13,020 | $ | 196,333 | ||
| Korea Exchange Bank |
157,680 | 1,437,077 | |||
| KT Corp. |
58,640 | 2,035,723 | |||
| SK Telecom Co., Ltd. |
2,943 | 501,087 | |||
| SK Telecom Co., Ltd. ADR |
134,903 | 2,538,874 | |||
| S-Oil Corp. |
41,448 | 2,355,800 | |||
| Woori Investment & Securities Co., Ltd. |
35,700 | 535,374 | |||
| Total South Korea | 9,600,268 | ||||
| Taiwan – 26.6% | |||||
| Ability Enterprise Co., Ltd. |
160,234 | 122,025 | |||
| Advantech Co., Ltd |
139,492 | 264,489 | |||
| Alpha Networks, Inc. |
116,995 | 78,732 | |||
| Altek Corp. |
74,141 | 75,359 | |||
| Asia Cement Corp. |
643,480 | 560,044 | |||
| Asia Optical Co., Inc. |
54,470 | 71,873 | |||
| Aten International Co., Ltd. |
17,854 | 23,475 | |||
| Aurora Corp. |
42,256 | 30,735 | |||
| Chicony Electronics Co., Ltd. |
164,380 | 248,577 | |||
| China Electric Manufacturing Corp. |
80,000 | 28,348 | |||
| China Steel Chemical Corp. |
50,050 | 95,522 | |||
| China Steel Corp. |
2,979,038 | 2,907,598 | |||
| China Synthetic Rubber Corp. |
92,000 | 66,630 | |||
| Chin-Poon Industrial Co., Ltd. |
146,000 | 64,442 | |||
| Chong Hong Construction Co. |
54,999 | 48,039 | |||
| Chroma ATE, Inc. |
91,611 | 108,635 | |||
| Chung Hsin Electric & Machinery Manufacturing Corp. |
94,000 | 38,276 | |||
| Chung Hung Steel Corp. |
483,000 | 213,189 | |||
| Chung HWA Pulp |
168,000 | 56,398 | |||
| Chunghwa Telecom Co., Ltd. |
2,081,363 | 4,832,780 | |||
| Compal Communications, Inc. |
267,646 | 283,690 | |||
| Compal Electronics, Inc. |
988,908 | 706,989 | |||
| Continental Engineering Corp. |
195,000 | 58,673 | |||
| CTCI Corp. |
175,992 | 117,614 | |||
| Cyberlink Corp. |
15,149 | 57,919 | |||
| Delta Electronics, Inc. |
513,160 | 1,307,963 | |||
| Depo Auto Parts Ind Co., Ltd. |
43,000 | 69,235 | |||
| DFI, Inc. |
18,180 | 30,515 | |||
| D-Link Corp. |
112,200 | 94,338 | |||
| Eastern Media International Corp. |
413,121 | 56,373 | |||
| Elite Semiconductor Memory Technology, Inc. |
39,020 | 29,412 | |||
| Eternal Chemical Co., Ltd. |
164,900 | 96,106 | |||
| Evergreen Marine Corp. (Taiwan) Ltd. |
961,000 | 427,158 | |||
| Far EasTone Telecommunications Co., Ltd. |
1,118,209 | 1,414,640 | |||
| Faraday Technology Corp. |
109,947 | 112,095 | |||
| Feng TAY Enterprise Co., Ltd. |
186,000 | 96,551 | |||
| Formosa Chemicals & Fibre Corp. |
1,711,000 | 2,914,468 | |||
| Formosa Petrochemical Corp. |
2,297,000 | 5,262,076 | |||
| Formosa Plastics Corp. |
1,431,000 | 2,272,947 | |||
| Formosa Taffeta Co., Ltd. |
959,000 | 605,123 | |||
| FSP Technology, Inc. |
36,900 | 23,398 | |||
| Gemtek Technology Corp. |
41,678 | 59,528 | |||
See Notes to Financial Statements.
| 96 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets High-Yielding Equity Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| GeoVision, Inc. |
6,000 | $ | 24,432 | ||
| Globe Union Industrial Corp. |
45,068 | 23,955 | |||
| Greatek Electronics, Inc. |
162,520 | 128,313 | |||
| Highwealth Construction Corp. |
301,976 | 162,385 | |||
| Holtek Semiconductor, Inc. |
56,203 | 42,976 | |||
| Holystone Enterprise Co., Ltd. |
79,685 | 63,284 | |||
| Hotai Motor Co., Ltd. |
140,000 | 299,395 | |||
| HUA ENG Wire & Cable |
116,000 | 21,634 | |||
| Huaku Development Co., Ltd. |
61,800 | 71,363 | |||
| Hung Poo Real Estate Development Corp. |
83,730 | 52,833 | |||
| ICP Electronics, Inc. |
34,000 | 35,932 | |||
| Infortrend Technology, Inc. |
87,935 | 66,966 | |||
| Inventec Appliances Corp. |
248,595 | 277,019 | |||
| Inventec Co., Ltd. |
918,300 | 439,576 | |||
| ITEQ Corp. |
71,143 | 46,439 | |||
| Kinpo Electronics, Inc. |
399,944 | 90,751 | |||
| Kinsus Interconnect Technology Corp. |
117,515 | 159,991 | |||
| KYE Systems Corp. |
92,659 | 77,764 | |||
| L&K Engineering Co., Ltd. |
69,000 | 64,021 | |||
| LEE Chang Yung Chem IND Corp. |
242,960 | 173,697 | |||
| LITE-ON IT Corp. |
193,910 | 107,890 | |||
| Lite-On Semiconductor Corp. |
132,100 | 59,539 | |||
| Lite-On Technology Corp. |
1,089,273 | 922,639 | |||
| Macronix International |
1,222,864 | 346,659 | |||
| Makalot Industrial Co., Ltd. |
48,000 | 40,732 | |||
| Mega Financial Holding Co., Ltd. |
3,161,000 | 1,409,955 | |||
| Merry Electronics Co., Ltd. |
42,000 | 54,178 | |||
| MIN AIK Technology Co., Ltd. |
16,800 | 20,366 | |||
| Mitac International |
445,758 | 211,992 | |||
| Nan Ya Plastics Corp. |
2,563,000 | 3,724,422 | |||
| Nan Ya Printed Circuit Board Corp. |
262,000 | 795,655 | |||
| National Petroleum Co., Ltd. |
49,000 | 27,111 | |||
| Nien Hsing Textile Co., Ltd. |
201,000 | 65,602 | |||
| Novatek Microelectronics Corp. Ltd. |
236,053 | 344,121 | |||
| Oriental Union Chemical Corp. |
208,540 | 111,493 | |||
| President Securities Corp. |
234,369 | 91,062 | |||
| Quanta Computer, Inc. |
896,703 | 1,089,819 | |||
| Radiant Opto-Electronics Corp. |
105,730 | 93,828 | |||
| Ruentex Development Co., Ltd. |
258,000 | 137,134 | |||
| Sheng Yu Steel Co., Ltd. |
65,000 | 44,045 | |||
| Shih Wei Navigation Co., Ltd. |
142,975 | 181,321 | |||
| Siliconware Precision Industries Co. |
1,056,130 | 1,198,227 | |||
| Silitech Technology Corp. |
22,160 | 48,079 | |||
| Sincere Navigation Corp. |
179,325 | 170,008 | |||
| Sitronix Technology Corp. |
14,698 | 27,914 | |||
| Sonix Technology Co., Ltd. |
29,716 | 39,903 | |||
| Springsoft, Inc. |
33,290 | 19,816 | |||
| Sunplus Technology Co., Ltd. |
295,495 | 132,723 | |||
| TA Chen Stainless Pipe Co. |
157,000 | 78,570 | |||
| Taiwan Fire & Marine Insurance Co. |
104,000 | 56,249 | |||
| Taiwan Mask Corp. |
101,000 | 37,830 | |||
| Taiwan Navigation Co., Ltd. |
106,000 | 121,085 | |||
| Taiwan Secom Co., Ltd. |
140,000 | 200,177 | |||
| Taiwan Semiconductor Manufacturing Co., Ltd. |
6,112,131 | 9,974,259 | |||
| Investments | Shares | U.S. $ Value | |||
| Taiwan Sogo Shin Kong Secs Co. |
81,320 | $ | 47,142 | ||
| Teco Electric and Machinery Co., Ltd. |
682,000 | 232,128 | |||
| Test-Rite International Co. |
72,660 | 39,185 | |||
| Thye Ming Industrial Co., Ltd. |
108,711 | 58,796 | |||
| Ton Yi Industrial Corp. |
311,000 | 116,487 | |||
| Tong-Tai Machine & Tool Co., Ltd. |
20,900 | 13,610 | |||
| Topco Scientific Co., Ltd. |
20,600 | 18,825 | |||
| Tung Ho Steel Enterprise Corp. |
253,000 | 207,219 | |||
| U-Ming Marine Transport Corp. |
463,000 | 647,622 | |||
| Unimicron Technology Corp. |
299,670 | 234,266 | |||
| Uni-President Enterprises Co. |
997,450 | 877,418 | |||
| Unitech Printed Circuit Board Corp. |
133,350 | 51,190 | |||
| United Integrated Services Co., Ltd. |
98,000 | 52,394 | |||
| Universal Scientific Industrial Co., Ltd. |
422,486 | 134,606 | |||
| UPC Technology Corp. |
157,239 | 54,985 | |||
| USI Corp. |
299,000 | 108,739 | |||
| Wah Lee Industrial Corp. |
49,320 | 55,189 | |||
| Wan Hai Lines Ltd. |
1,058,600 | 460,669 | |||
| Wistron Corp. |
424,053 | 510,105 | |||
| WPG Holdings Co., Ltd. |
253,921 | 194,161 | |||
| Yang Ming Marine Transport Corp. |
579,571 | 196,364 | |||
| Yeun Chyang Industrial Co., Ltd. |
54,968 | 23,835 | |||
| Yung Shin Pharmaceutical Industrial Co., Ltd. |
46,000 | 37,319 | |||
| Total Taiwan | 54,711,360 | ||||
| Thailand – 6.0% | |||||
| Advanced Info Service PCL |
1,034,790 | 2,461,602 | |||
| Asia Plus Securities PCL |
962,352 | 56,023 | |||
| Bangkok Expressway PCL |
211,488 | 98,744 | |||
| CalComp Electronics (Thailand) PCL |
1,573,278 | 151,563 | |||
| Delta Electronics Thai PCL |
610,262 | 286,737 | |||
| Electricity Generating PCL |
136,398 | 253,932 | |||
| Glow Energy PCL |
470,600 | 389,386 | |||
| Hana Microelectronics PCL |
272,184 | 106,975 | |||
| Hemaraj Land And Development PCL |
1,940,300 | 60,778 | |||
| IRPC PCL |
6,974,100 | 836,727 | |||
| Kiatnakin Bank PCL |
204,298 | 102,632 | |||
| Land and Houses PCL |
2,537,200 | 461,105 | |||
| LPN Development PCL |
273,600 | 29,430 | |||
| Major Cineplex Group PCL |
240,186 | 68,138 | |||
| MCOT PCL |
181,586 | 106,247 | |||
| Phatra Securities PCL |
47,300 | 31,729 | |||
| Precious Shipping PCL |
379,196 | 169,204 | |||
| PTT Aromatics & Refining PCL |
1,540,489 | 942,320 | |||
| PTT Chemical PCL |
320,196 | 548,799 | |||
| Ratchaburi Electricity Generating Holding PCL |
351,396 | 363,442 | |||
| Regional Container Lines PCL |
176,700 | 68,926 | |||
| Rojana Industrial Park PCL |
191,100 | 59,295 | |||
| Sahaviriya Steel Industries PCL |
2,275,200 | 46,391 | |||
| Samart Corp. PCL |
341,486 | 60,043 | |||
| Shin Corp. PCL |
828,300 | 465,062 | |||
| Siam Cement PCL |
451,396 | 1,707,408 | |||
| Siam City Cement PCL |
87,598 | 419,352 | |||
| Siam Makro PCL |
74,100 | 179,557 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 97 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree Emerging Markets High-Yielding Equity Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Thai Oil PCL |
833,294 | $ | 1,021,918 | ||
| Thai Plastic & Chemical PLC |
303,300 | 158,641 | |||
| Thai Union Frozen Products PCL |
224,184 | 129,847 | |||
| Thanachart Capital PCL |
359,500 | 112,609 | |||
| Thoresen Thai Agencies PCL |
157,998 | 120,226 | |||
| Ticon Industrial Connection PLC |
181,400 | 67,543 | |||
| Tisco Bank PCL |
248,982 | 113,307 | |||
| Total Thailand | 12,255,638 | ||||
| Turkey – 8.1% | |||||
| Adana Cimento Class A |
69,929 | 213,473 | |||
| Akbank TAS |
721,150 | 3,716,390 | |||
| Akcansa Cimento A.S. |
136,132 | 428,425 | |||
| Aksigorta A.S. |
106,374 | 368,250 | |||
| Anadolu Sigorta |
60,930 | 49,377 | |||
| Arcelik A.S. |
94,679 | 268,170 | |||
| Cimsa Cimento Sanayi VE Tica |
147,415 | 575,278 | |||
| Dogus Otomotiv Servis ve Ticaret A.S. |
37,940 | 85,969 | |||
| Ford Otomotiv Sanayi A.S. |
229,384 | 1,245,279 | |||
| Otokar Otobus Karoseri Sanayi A.S. |
8,102 | 79,681 | |||
| Selcuk Ecza Deposu Ticaret ve Sanayi A.S. |
166,760 | 169,253 | |||
| Tupras Turkiye Petrol Rafine |
194,382 | 3,609,296 | |||
| Turk Traktor ve Ziraat Makineleri A.S. |
34,538 | 213,315 | |||
| Turkiye Halk Bankasi A.S. |
659,395 | 2,983,100 | |||
| Turkiye Is Bankasi – C |
601,295 | 2,531,022 | |||
| Vestel Beyaz Esya Sanayi ve Ticaret A.S. |
72,231 | 143,212 | |||
| Total Turkey | 16,679,490 | ||||
| TOTAL COMMON STOCKS (Cost: $258,138,378) |
202,866,646 | ||||
| RIGHTS* – 0.0% | |||||
| Brazil – 0.0% | |||||
| EDP – Energias do Brasil S.A., expiring 10/07/08 |
9,837,387 | 50,998 | |||
| South Africa – 0.0% | |||||
| Super Group, expiring 10/20/08 |
56,257 | 272 | |||
| TOTAL RIGHTS (Cost: $0) |
51,270 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 98.7% (Cost: $258,138,378)(a) |
202,917,916 | ||||
| Foreign Currency and Other Assets in Excess of Liabilities – 1.3% |
2,707,286 | ||||
| NET ASSETS – 100.0% | $ | 205,625,202 | |||
ADR – American Depositary Receipt.
LP – Limited Partnership.
| * | Non-income producing security. |
| (a) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 98 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Emerging Markets SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 98.4% | |||||
| Argentina – 0.6% | |||||
| Banco Macro S.A. ADR |
10,157 | $ | 187,905 | ||
| BBVA Banco Frances S.A. ADR |
35,420 | 168,953 | |||
| Total Argentina | 356,858 | ||||
| Brazil – 2.8% | |||||
| AES Tiete S.A. |
34,200 | 249,814 | |||
| Brascan Residential Properties S.A. |
22,100 | 50,411 | |||
| Cia de Saneamento de Minas Gerais-COPASA |
18,822 | 197,104 | |||
| Equatorial Energia S.A.-ORD |
38,900 | 231,712 | |||
| Eternit S.A. |
25,300 | 77,384 | |||
| Grendene S.A. |
34,544 | 248,924 | |||
| Iguatemi Empresa de Shopping Centers S.A. |
10,500 | 73,050 | |||
| JHSF Participacoes S.A. |
16,000 | 27,372 | |||
| LPS Brasil Consultoria de Imoveis S.A. |
7,400 | 50,639 | |||
| Obrascon Huarte Lain Brasil S.A. |
10,562 | 97,848 | |||
| Positivo Informatica S.A. |
9,000 | 32,614 | |||
| Rossi Redidencial S.A. |
11,200 | 31,296 | |||
| Sao Carlos Empreendimentos e Participacoes S.A. |
9,700 | 47,269 | |||
| Tegma Gestao Logistica |
7,500 | 39,426 | |||
| Terna Participacoes S.A. |
7,300 | 92,492 | |||
| Totvs S.A. |
3,840 | 89,582 | |||
| Total Brazil | 1,636,937 | ||||
| Chile – 4.3% | |||||
| Administradora de Fondos de Pensiones Provida S.A. |
131,306 | 209,632 | |||
| Almendral S.A. |
1,196,919 | 96,631 | |||
| Cia Cervecerias Unidas S.A. |
43,374 | 279,743 | |||
| Cia de Telecomunicaciones de Chile S.A. Class A |
111,984 | 189,958 | |||
| Cia Sudamericana de Vapores S.A. |
80,774 | 84,994 | |||
| CorpBanca S.A. |
65,481,751 | 313,627 | |||
| Empresa Electrica del Norte Grande S.A. |
62,496 | 59,525 | |||
| Inversiones Aguas Metropolitanas S.A. |
203,515 | 177,226 | |||
| La Polar S.A. |
14,645 | 41,985 | |||
| Madeco S.A. |
1,180,529 | 100,662 | |||
| Quinenco S.A. |
224,904 | 375,384 | |||
| Sigdo Koppers S.A. |
75,289 | 49,856 | |||
| Sociedad Matriz Banco de Chile Class B |
2,702,617 | 259,867 | |||
| Sonda S.A. |
94,143 | 102,478 | |||
| Vina Concha y Toro S.A. |
65,717 | 116,245 | |||
| Total Chile | 2,457,813 | ||||
| China – 3.4% | |||||
| Anhui Expressway Co. Class H |
296,030 | 153,651 | |||
| Beijing Capital Land Ltd. Class H |
954,000 | 133,928 | |||
| Dalian Port PDA Co., Ltd. Class H |
172,000 | 59,812 | |||
| Datang International Power Generation Co., Ltd. Class H |
298,000 | 162,734 | |||
| Dongfang Electric Corp Ltd. Class H |
16,800 | 44,140 | |||
| Great Wall Motor Co., Ltd. Class H |
143,500 | 59,881 | |||
| Guangzhou Shipyard Internation Co., Ltd. |
34,000 | 38,973 | |||
| Hunan Non-Ferrous Metal Corp., Ltd. Class H |
414,000 | 51,188 | |||
| Investments | Shares | U.S. $ Value | |||
| Jiangsu Expressway Co., Ltd. Class H |
208,000 | $ | 153,769 | ||
| Lianhua Supermarket Holdings Co., Ltd. Class H |
68,000 | 93,010 | |||
| Lingbao Gold Co., Ltd. Class H |
240,000 | 60,894 | |||
| Maanshan Iron & Steel Class H |
228,000 | 69,889 | |||
| Shandong Weigao Group Medical Polymer Co., Ltd. Class H |
52,000 | 77,019 | |||
| Shanghai Jin Jiang International Hotels Group Co., Ltd. Class H |
240,000 | 29,056 | |||
| Sichuan Xinhua Winshare Chainstore Co., Ltd. Class H |
285,000 | 64,970 | |||
| Sinopec Shanghai Petrochemical Co., Ltd. Class H |
296,000 | 65,571 | |||
| Sinotrans, Ltd. Class H |
438,000 | 84,053 | |||
| Tong Ren Tang Technologies Co., Ltd. Class H |
48,000 | 40,678 | |||
| Travelsky Technology Ltd. Class H |
185,000 | 91,257 | |||
| Weiqiao Textile Co., Ltd. Class H |
373,500 | 181,835 | |||
| Wumart Stores Inc. Class H |
122,000 | 97,420 | |||
| Xiamen International Port Co., Ltd. Class H |
296,000 | 39,648 | |||
| Zhuzhou CSR Times Electric Co., Ltd. Class H |
129,000 | 90,715 | |||
| Total China | 1,944,091 | ||||
| Indonesia – 1.0% | |||||
| Bank Niaga Tbk PT |
1,407,500 | 107,466 | |||
| Gudang Garam Tbk PT |
472,756 | 295,786 | |||
| Medco Energi Internasional Tbk PT |
404,558 | 155,517 | |||
| Total Indonesia | 558,769 | ||||
| Israel – 6.7% | |||||
| Avner Oil & Gas Ltd.-LP |
1,295,336 | 113,564 | |||
| Blue Square-Israel Ltd. |
19,701 | 202,265 | |||
| Clal Industries and Investments Ltd. |
62,398 | 214,861 | |||
| Clal Insurance Enterprise Holdings, Ltd. |
27,956 | 389,409 | |||
| Delek Automotive Systems Ltd. |
43,341 | 450,472 | |||
| Discount Investment Corp. |
12,231 | 227,830 | |||
| Elbit Imaging Ltd. |
6,135 | 125,619 | |||
| Gazit Globe Ltd. |
15,591 | 125,807 | |||
| Harel Insurance Investments & Finances Ltd. |
3,587 | 148,859 | |||
| IDB Development Corp., Ltd. |
19,195 | 276,784 | |||
| Industrial Buildings Corp. |
71,741 | 128,399 | |||
| Ituran Location and Control Ltd. |
6,777 | 75,168 | |||
| Koor Industries Ltd. |
5,881 | 244,229 | |||
| Menorah Mivtachim Holdings Ltd. |
5,635 | 41,115 | |||
| Migdal Insurance & Financial Holding Ltd. |
157,018 | 163,018 | |||
| Mizrahi Tefahot Bank Ltd. |
31,728 | 199,198 | |||
| Oil Refineries Ltd. |
339,440 | 201,657 | |||
| Ormat Industries Ltd. |
11,132 | 125,686 | |||
| Shufersal Ltd. |
77,470 | 379,810 | |||
| Total Israel | 3,833,750 | ||||
| Malaysia – 9.0% | |||||
| Affin Holdings Bhd |
209,080 | 97,176 | |||
| Alliance Financial Group Bhd |
99,600 | 71,753 | |||
| Batu Kawan Bhd |
117,110 | 255,142 | |||
| Berjaya Corp Bhd |
1,077,500 | 198,755 | |||
| Berjaya Sports Toto Bhd |
490,932 | 638,889 | |||
| Gamuda Bhd |
900,128 | 556,942 | |||
| Hong Leong Financial Group Bhd |
234,402 | 299,599 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 99 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| IGB Corp. Bhd |
120,800 | $ | 48,425 | ||
| IJM Corp. Bhd |
119,212 | 162,759 | |||
| IOI Properties Bhd |
179,800 | 229,810 | |||
| Lafarge Malayan Cement Bhd |
159,000 | 169,970 | |||
| Malaysia Airports Holdings Bhd |
145,000 | 109,935 | |||
| Malaysian Bulk Carriers Bhd |
541,748 | 481,554 | |||
| Malaysian Pacific Industries |
40,200 | 80,575 | |||
| Media Prima Bhd |
107,900 | 41,060 | |||
| Multi-Purpose Holdings Bhd |
165,200 | 61,425 | |||
| OSK Holdings Bhd |
331,100 | 136,576 | |||
| OSK Property Holdings Bhd |
60,199 | 10,142 | |||
| POS Malaysia Bhd |
225,520 | 117,919 | |||
| Sarawak Energy Bhd |
243,402 | 167,571 | |||
| Shell Refining Co. Federation of Malaya Bhd |
99,974 | 304,931 | |||
| SP Setia Bhd |
283,426 | 255,228 | |||
| Star Publications Malaysia Bhd |
286,606 | 269,748 | |||
| Uchi Technologies Bhd |
193,238 | 60,624 | |||
| UMW Holdings Bhd |
189,226 | 318,812 | |||
| Total Malaysia | 5,145,320 | ||||
| Mexico – 2.0% | |||||
| Consorcio ARA S.A.B de C.V. |
233,802 | 129,803 | |||
| Grupo Aeroportuario Del Centro Norte S.A.B de C.V. |
63,500 | 95,359 | |||
| Grupo Aeroportuario del Sureste S.A.B de C.V. Class B |
40,302 | 197,119 | |||
| Grupo Continental S.A.B de C.V. |
300,856 | 641,284 | |||
| Vitro S.A.B de C.V. Series A |
61,206 | 67,738 | |||
| Total Mexico | 1,131,303 | ||||
| Philippines – 2.8% | |||||
| Aboitiz Equity Ventures, Inc. |
1,089,000 | 162,019 | |||
| ABS-CBN Holdings Corp. PDR |
129,300 | 42,596 | |||
| First Gen Corp. |
287,574 | 111,546 | |||
| First Philippine Holdings Corp. |
235,200 | 97,479 | |||
| Jollibee Foods Corp. |
111,710 | 118,714 | |||
| Manila Electric Co. |
51,000 | 63,953 | |||
| Megaworld Corp. |
2,928,000 | 87,124 | |||
| Metropolitan Bank & Trust |
131,410 | 92,169 | |||
| Petron Corp. |
949,286 | 119,039 | |||
| PNOC Energy Development Corp. |
1,227,000 | 104,315 | |||
| Robinsons Land Corp. |
874,000 | 141,177 | |||
| SM Prime Holding, Inc. |
1,894,000 | 334,117 | |||
| Universal Robina Corp. |
572,232 | 115,541 | |||
| Total Philippines | 1,589,789 | ||||
| Poland – 0.6% | |||||
| ABG S.A. |
22,855 | 54,091 | |||
| Asseco Poland S.A. |
3,437 | 88,181 | |||
| Ciech S.A. |
3,536 | 74,746 | |||
| Grupa Kety S.A. |
1,603 | 52,356 | |||
| Grupa Lotos S.A. |
6,072 | 67,650 | |||
| Impexmetal S.A. |
43,598 | 38,490 | |||
| Total Poland | 375,514 | ||||
| Investments | Shares | U.S. $ Value | |||
| South Africa – 16.6% | |||||
| Aeci Ltd. |
18,633 | $ | 138,386 | ||
| Afgri Ltd. |
159,694 | 95,269 | |||
| African Oxygen Ltd. |
95,036 | 317,336 | |||
| Allied Electronics Corp. Ltd. |
13,718 | 53,841 | |||
| Astral Foods Ltd. |
14,031 | 163,513 | |||
| AVI Ltd. |
78,754 | 142,184 | |||
| Capital Property Fund |
215,657 | 135,426 | |||
| Caxton and CTP Publishers and Printers Ltd. |
102,562 | 144,913 | |||
| City Lodge Hotels Ltd. |
6,505 | 56,561 | |||
| Discovery Holdings Ltd. |
86,393 | 224,312 | |||
| Foschini Ltd. |
96,870 | 462,086 | |||
| Gold Reef Resorts Ltd. |
42,608 | 77,697 | |||
| Grindrod Ltd. |
77,703 | 167,030 | |||
| Group Five Ltd. |
6,989 | 47,687 | |||
| Growthpoint Properties Ltd. |
465,323 | 769,858 | |||
| Hosken Consolidated Investments Ltd. |
6,381 | 43,145 | |||
| Hyprop Investments Ltd. |
62,085 | 295,405 | |||
| Illovo Sugar Ltd. |
79,524 | 239,129 | |||
| Investec Ltd. |
74,454 | 427,088 | |||
| JD Group Ltd. |
43,719 | 157,070 | |||
| JSE Ltd. |
8,710 | 56,842 | |||
| Lewis Group Ltd. |
39,355 | 190,058 | |||
| Massmart Holdings Ltd. |
45,854 | 415,312 | |||
| Medi-Clinic Corp. Ltd. |
82,941 | 181,595 | |||
| Metropolitan Holdings Ltd. |
284,626 | 378,097 | |||
| Mondi Ltd. |
31,464 | 170,987 | |||
| Mr. Price Group Ltd. |
75,392 | 202,577 | |||
| Northam Platinum Ltd. |
78,710 | 427,738 | |||
| Pangbourne Properties Ltd. |
121,934 | 187,746 | |||
| Peregrine Holdings Ltd. |
47,618 | 55,780 | |||
| Pick’n Pay Holdings Ltd. |
140,207 | 214,188 | |||
| Pick’n Pay Stores Ltd. |
119,638 | 426,214 | |||
| PSG Group Ltd. |
46,778 | 89,255 | |||
| Rainbow Chicken Ltd. |
53,584 | 89,947 | |||
| Reunert Ltd. |
50,330 | 349,426 | |||
| Santam Ltd. |
24,124 | 259,284 | |||
| Spar Group Ltd. (The) |
30,613 | 186,695 | |||
| Sun International Ltd. |
20,953 | 229,579 | |||
| Sycom Property Fund |
41,484 | 91,678 | |||
| Tongaat-Hulett Ltd. |
29,996 | 258,967 | |||
| Truworths International Ltd. |
122,253 | 430,952 | |||
| Wilson Bayly Holmes-Ovcon Ltd. |
4,526 | 79,253 | |||
| Woolworths Holdings Ltd. |
286,600 | 404,946 | |||
| Total South Africa | 9,535,052 | ||||
| South Korea – 7.9% | |||||
| Bukwang Pharmaceutical Co., Ltd. |
7,090 | 96,338 | |||
| Cheil Worldwide, Inc. |
936 | 174,489 | |||
| CJ Home Shopping |
2,084 | 117,413 | |||
| Daegu Bank |
31,912 | 277,622 | |||
| Daishin Securities Co., Ltd. |
12,310 | 185,626 | |||
| Dongbu Corp. |
5,846 | 37,441 | |||
| Doosan Construction & Engineering Co., Ltd. |
11,660 | 67,915 | |||
See Notes to Financial Statements.
| 100 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Eugene Investment & Securities Co., Ltd. |
55,604 | $ | 72,790 | ||
| Glovis Co., Ltd. |
1,583 | 87,875 | |||
| Halla Climate Control |
26,570 | 231,149 | |||
| Hanjin Heavy Industries & Construction Co., Ltd. |
1,665 | 47,662 | |||
| Hankook Tire Co., Ltd. |
15,468 | 212,742 | |||
| Hanwha Chem Corp. |
15,380 | 137,623 | |||
| Hotel Shilla Co., Ltd. |
5,208 | 67,746 | |||
| Hyundai Marine & Fire Insurance Co., Ltd. |
10,442 | 161,784 | |||
| Hyundai Securities Co. |
24,150 | 232,106 | |||
| Korea Invesment Holdings Co., Ltd. |
4,573 | 119,350 | |||
| Korea Kumho Petrochemical Co. |
2,830 | 90,273 | |||
| Korean Reinsurance Co. |
17,366 | 133,092 | |||
| Kumho Tire Co., Inc. |
13,802 | 86,909 | |||
| LG Dacom Corp. |
15,074 | 261,027 | |||
| LG Telecom Ltd. |
30,900 | 253,713 | |||
| LS Industrial Systems Co., Ltd. |
4,012 | 163,212 | |||
| Pusan Bank |
29,382 | 258,046 | |||
| S1 Corp. |
4,987 | 251,632 | |||
| Samsung Fine Chemicals Co., Ltd. |
3,625 | 158,281 | |||
| SFA Engineering Corp. |
2,145 | 93,481 | |||
| SKC Co., Ltd. |
4,296 | 72,611 | |||
| Taihan Electric Wire Co., Ltd. |
5,630 | 135,275 | |||
| Woongjin Coway Co., Ltd. |
6,840 | 170,015 | |||
| Woongjin Holdings Co., Ltd. |
6,480 | 74,091 | |||
| Total South Korea | 4,529,329 | ||||
| Taiwan – 26.0% | |||||
| Ability Enterprise Co., Ltd. |
146,208 | 111,344 | |||
| Advantech Co., Ltd |
145,771 | 276,395 | |||
| Ali Corp. |
42,080 | 34,335 | |||
| Alpha Networks, Inc. |
122,355 | 82,340 | |||
| Altek Corp. |
84,848 | 86,242 | |||
| AmTRAN Technology Co., Ltd. |
81,792 | 31,525 | |||
| Asia Optical Co., Inc. |
70,060 | 92,444 | |||
| Aten International Co., Ltd. |
33,507 | 44,056 | |||
| Aurora Corp. |
69,181 | 50,319 | |||
| AV TECH Corp. |
14,260 | 48,757 | |||
| Avermedia Technologies, Inc. |
36,400 | 28,682 | |||
| Catcher Technology Co., Ltd. |
91,000 | 282,859 | |||
| Cathay No .1 Real Estate Investment Trust |
270,000 | 82,918 | |||
| Cathay Real Estate Development Co., Ltd. |
233,000 | 63,589 | |||
| Cheng Loong Corp. |
343,232 | 80,443 | |||
| Cheng Shin Rubber Industry Co., Ltd. |
185,966 | 217,634 | |||
| Cheng Uei Precision Industry Co., Ltd. |
60,500 | 103,242 | |||
| Chicony Electronics Co., Ltd. |
124,700 | 188,572 | |||
| China Electric Manufacturing Corp. |
140,000 | 49,609 | |||
| China Motor Corp. |
325,044 | 108,107 | |||
| China Steel Chemical Corp. |
49,200 | 93,899 | |||
| China Synthetic Rubber Corp. |
107,000 | 77,494 | |||
| Chin-Poon Industrial Co., Ltd. |
140,000 | 61,794 | |||
| Chong Hong Construction Co. |
65,879 | 57,542 | |||
| Chroma ATE, Inc. |
70,114 | 83,143 | |||
| Chung Hsin Electric & Machinery Manufacturing Corp. |
105,000 | 42,755 | |||
| Investments | Shares | U.S. $ Value | |||
| Chung Hung Steel Corp. |
396,000 | $ | 174,788 | ||
| Chung HWA Pulp |
248,422 | 83,395 | |||
| Compal Communications, Inc. |
215,922 | 228,865 | |||
| Continental Engineering Corp. |
181,000 | 54,461 | |||
| CTCI Corp. |
159,788 | 106,785 | |||
| Cyberlink Corp. |
20,199 | 77,226 | |||
| CyberTAN Technology, Inc |
34,000 | 30,595 | |||
| Depo Auto Parts Ind Co., Ltd. |
32,000 | 51,524 | |||
| DFI, Inc. |
31,290 | 52,520 | |||
| D-Link Corp. |
119,780 | 100,712 | |||
| Eastern Media International Corp. |
594,319 | 81,099 | |||
| Elite Semiconductor Memory Technology, Inc. |
61,590 | 46,425 | |||
| Epistar Corp. |
77,665 | 101,633 | |||
| Eternal Chemical Co., Ltd. |
174,691 | 101,812 | |||
| Everlight Electronics Co., Ltd. |
73,365 | 148,228 | |||
| Far Eastern Department Stores Co., Ltd. |
116,250 | 74,076 | |||
| Faraday Technology Corp. |
95,827 | 97,699 | |||
| Feng Hsin Iron & Steel Co. |
142,094 | 181,971 | |||
| Feng TAY Enterprise Co., Ltd. |
193,000 | 100,185 | |||
| Formosa International Hotels Corp. |
4,400 | 48,005 | |||
| Formosa Taffeta Co., Ltd. |
687,032 | 433,512 | |||
| FSP Technology, Inc. |
57,700 | 36,588 | |||
| Gemtek Technology Corp. |
41,778 | 59,671 | |||
| GeoVision, Inc. |
14,000 | 57,007 | |||
| Giant Manufacturing Co., Ltd. |
39,800 | 97,856 | |||
| Gigabyte Technology Co., Ltd. |
253,228 | 127,513 | |||
| Globe Union Industrial Corp. |
59,724 | 31,745 | |||
| Greatek Electronics, Inc. |
148,980 | 117,622 | |||
| Highwealth Construction Corp. |
242,575 | 130,443 | |||
| Holtek Semiconductor, Inc. |
78,295 | 59,868 | |||
| Holystone Enterprise Co., Ltd. |
74,694 | 59,321 | |||
| Hotai Motor Co., Ltd. |
171,222 | 366,165 | |||
| HUA ENG Wire & Cable Co.,Ltd. |
183,000 | 34,130 | |||
| Huaku Development Co., Ltd. |
76,100 | 87,876 | |||
| Hung Poo Real Estate Development Corp. |
101,680 | 64,159 | |||
| ICP Electronics, Inc. |
51,000 | 53,899 | |||
| Infortrend Technology, Inc. |
100,855 | 76,805 | |||
| Inventec Appliances Corp. |
233,262 | 259,933 | |||
| Inventec Co., Ltd. |
735,150 | 351,906 | |||
| ITEQ Corp. |
88,210 | 57,579 | |||
| Jess-Link Products Co., Ltd. |
22,000 | 30,909 | |||
| KEE TAI Properties Co., Ltd. |
169,140 | 39,378 | |||
| King Yuan Electronics Co., Ltd. |
321,602 | 106,463 | |||
| Kinpo Electronics, Inc. |
490,788 | 111,364 | |||
| Kinsus Interconnect Technology Corp. |
93,385 | 127,140 | |||
| KYE Systems Corp. |
102,059 | 85,653 | |||
| L&K Engineering Co., Ltd. |
69,000 | 64,021 | |||
| Largan Precision Co., Ltd. |
18,342 | 187,003 | |||
| LEE Chang Yung Chem IND Corp. |
203,016 | 145,140 | |||
| LITE-ON IT Corp. |
383,805 | 213,546 | |||
| Lite-On Semiconductor Corp. |
130,220 | 58,691 | |||
| Macronix International |
886,015 | 251,168 | |||
| Makalot Industrial Co., Ltd. |
60,000 | 50,915 | |||
| Merida Industry Co., Ltd. |
39,000 | 62,067 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 101 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Merry Electronics Co., Ltd. |
58,000 | $ | 74,818 | ||
| Micro-Star International Co., Ltd. |
145,705 | 64,312 | |||
| MIN AIK Technology Co., Ltd. |
39,800 | 48,248 | |||
| Mitac International |
334,145 | 158,911 | |||
| National Petroleum Co., Ltd. |
71,000 | 39,283 | |||
| Nien Hsing Textile Co., Ltd. |
209,000 | 68,213 | |||
| Novatek Microelectronics Corp. Ltd. |
193,635 | 282,283 | |||
| Oriental Union Chemical Corp. |
189,940 | 101,549 | |||
| Pan-International Industrial |
36,750 | 42,037 | |||
| Phoenix Precision Technology Corp. |
185,575 | 67,489 | |||
| Powertech Technology, Inc. |
82,128 | 176,144 | |||
| President Securities Corp. |
234,600 | 91,152 | |||
| Radiant Opto-Electronics Corp. |
104,880 | 93,074 | |||
| Realtek Semiconductor Corp. |
74,386 | 122,314 | |||
| Richtek Technology Corp. |
17,500 | 92,473 | |||
| Ruentex Development Co., Ltd. |
206,000 | 109,494 | |||
| Ruentex Industries Ltd. |
120,000 | 62,291 | |||
| Sheng Yu Steel Co., Ltd. |
84,000 | 56,920 | |||
| Shih Wei Navigation Co., Ltd. |
106,025 | 134,461 | |||
| Shihlin Electric & Engineering Corp. |
145,214 | 134,284 | |||
| Shin Kong No.1 Real Estate Investment Trust |
236,000 | 67,488 | |||
| Shin Zu Shing Co., Ltd. |
10,795 | 43,453 | |||
| Silitech Technology Corp. |
31,916 | 69,246 | |||
| Sincere Navigation Corp. |
190,791 | 180,878 | |||
| Sinyi Realty Co. |
33,263 | 40,944 | |||
| Sitronix Technology Corp. |
28,248 | 53,649 | |||
| Sonix Technology Co., Ltd. |
39,074 | 52,469 | |||
| Springsoft, Inc. |
52,490 | 31,245 | |||
| Sunplus Technology Co., Ltd. |
221,177 | 99,343 | |||
| TA Chen Stainless Pipe Co. |
162,000 | 81,072 | |||
| Tainan Spinning Co., Ltd. |
262,000 | 58,391 | |||
| Taiwan Fire & Marine Insurance Co. |
115,000 | 62,198 | |||
| Taiwan Glass Industrial Corp. |
175,535 | 98,212 | |||
| Taiwan Mask Corp. |
143,000 | 53,561 | |||
| Taiwan Navigation Co., Ltd. |
85,000 | 97,097 | |||
| Taiwan Secom Co., Ltd. |
144,014 | 205,917 | |||
| Taiwan-Sogo Shin Kong Secs Co. |
60,120 | 34,852 | |||
| Teco Electric and Machinery Co., Ltd. |
471,442 | 160,462 | |||
| Test-Rite International Co. |
90,850 | 48,995 | |||
| Thye Ming Industrial Co., Ltd. |
136,570 | 73,864 | |||
| Ton Yi Industrial Corp. |
307,000 | 114,988 | |||
| Topco Scientific Co., Ltd. |
41,140 | 37,596 | |||
| Transcend Information, Inc. |
67,389 | 105,781 | |||
| Tripod Technology Corp. |
41,924 | 78,449 | |||
| Tung Ho Steel Enterprise Corp. |
293,032 | 240,007 | |||
| TXC Corp. |
37,175 | 46,683 | |||
| Unimicron Technology Corp. |
231,400 | 180,896 | |||
| Unitech Printed Circuit Board Corp. |
144,500 | 55,471 | |||
| United Integrated Services Co., Ltd. |
97,000 | 51,860 | |||
| Universal Scientific Industrial Co., Ltd. |
320,391 | 102,078 | |||
| UPC Technology Corp. |
185,399 | 64,832 | |||
| USI Corp. |
259,000 | 94,192 | |||
| Wah Lee Industrial Corp. |
51,410 | 57,528 | |||
| Walsin Lihwa Corp. |
158,000 | 41,892 | |||
| Investments | Shares | U.S. $ Value | |||
| Wan Hai Lines Ltd. |
987,502 | $ | 429,729 | ||
| Winbond Electronics Corp. |
529,000 | 63,306 | |||
| Wistron NeWeb Corp. |
39,950 | 37,129 | |||
| WPG Holdings Co., Ltd. |
202,671 | 154,973 | |||
| Yageo Corp. |
212,000 | 42,174 | |||
| Yang Ming Marine Transport Corp. |
705,314 | 238,967 | |||
| Yeun Chyang Industrial Co., Ltd. |
100,264 | 43,476 | |||
| Yieh Phui Enterprise |
149,100 | 52,139 | |||
| Yuen Foong Yu Paper Manufacturing Co., Ltd. |
425,306 | 108,404 | |||
| Yulon Motor Co., Ltd. |
246,447 | 132,142 | |||
| Yung Shin Pharmaceutical Industrial Co., Ltd. |
61,000 | 49,488 | |||
| Zinwell Corp. |
39,424 | 53,980 | |||
| Zyxel Communications Corp. |
111,570 | 71,440 | |||
| Total Taiwan | 14,901,785 | ||||
| Thailand – 9.2% | |||||
| Bangkok Dusit Medical Service PCL |
133,832 | 122,600 | |||
| Bangkok Expressway PCL |
241,602 | 112,805 | |||
| BEC World PCL |
228,578 | 143,874 | |||
| Big C Supercenter PCL |
61,800 | 77,159 | |||
| CalComp Electronics (Thailand) PCL |
2,263,404 | 218,047 | |||
| Charoen Pokphand Foods PCL |
1,817,962 | 218,112 | |||
| CP ALL PCL |
992,390 | 316,720 | |||
| Delta Electronics Thai PCL |
655,608 | 308,043 | |||
| Electricity Generating PCL |
128,012 | 238,320 | |||
| Glow Energy PCL |
266,476 | 220,488 | |||
| Hana Microelectronics PCL |
336,990 | 132,446 | |||
| Kiatnakin Bank PCL |
281,206 | 141,268 | |||
| Kim Eng Securities Thailand PCL |
232,602 | 83,858 | |||
| Land and Houses PCL |
1,726,008 | 313,681 | |||
| Major Cineplex Group PCL |
292,006 | 82,839 | |||
| MCOT PCL |
263,204 | 154,002 | |||
| Minor International PCL |
311,636 | 102,221 | |||
| Phatra Securities PCL |
174,476 | 117,039 | |||
| Precious Shipping PCL |
517,326 | 230,840 | |||
| Ratchaburi Electricity Generating Holding PCL |
398,996 | 412,674 | |||
| Regional Container Lines PCL |
266,804 | 104,072 | |||
| Siam City Cement PCL |
78,848 | 377,464 | |||
| Siam Makro PCL |
43,800 | 106,135 | |||
| Thai Airways International PCL |
377,294 | 132,677 | |||
| Thai Plastic & Chemical PCL |
245,600 | 128,461 | |||
| Thai Union Frozen Products PCL |
320,910 | 185,870 | |||
| Thanachart Capital PCL |
277,100 | 86,798 | |||
| Thoresen Thai Agencies PCL |
163,676 | 124,547 | |||
| Ticon Industrial Connection PLC |
224,400 | 83,553 | |||
| Tisco Bank PCL |
344,552 | 156,800 | |||
| TPI Polene PCL |
369,394 | 34,931 | |||
| Total Thailand | 5,268,344 | ||||
| Turkey – 5.5% | |||||
| Adana Cimento Class A |
70,431 | 215,006 | |||
| Akcansa Cimento A.S. |
109,788 | 345,517 | |||
| Aksigorta A.S. |
98,968 | 342,611 | |||
| Albaraka Turk Katilim Bankasi A.S. |
31,123 | 73,951 | |||
| Anadolu Hayat Emeklilik A.S. |
26,651 | 51,583 | |||
See Notes to Financial Statements.
| 102 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree Emerging Markets SmallCap Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Anadolu Sigorta |
76,706 | $ | 62,161 | ||
| Arcelik A.S. |
96,888 | 274,427 | |||
| Aselsan Elektronik Sanayi Ve Ticaret A.S. |
24,940 | 75,742 | |||
| Cimsa Cimento Sanayi VE Tica |
118,939 | 464,151 | |||
| Dogus Otomotiv Servis ve Ticaret A.S. |
45,884 | 103,970 | |||
| Eczacibasi Ilac Sanayi VE Tica |
72,137 | 65,270 | |||
| Otokar Otobus Karoseri Sanayi A.S. |
7,065 | 69,483 | |||
| Sekerbank TAS |
38,446 | 57,472 | |||
| Selcuk Ecza Deposu Ticaret ve Sanayi A.S. |
162,734 | 165,167 | |||
| Tofas Turk Otomobil Fabrikasi A.S. |
75,657 | 159,529 | |||
| Turcas Petrolculuk A.S. |
28,441 | 98,458 | |||
| Turk Traktor ve Ziraat Makineleri A.S. |
33,673 | 207,973 | |||
| Ulker Biskuvi Sanayi A.S. |
45,513 | 95,968 | |||
| Vestel Beyaz Esya Sanayi ve Ticaret A.S. |
57,674 | 114,350 | |||
| Yazicilar Holding A.S. Class A |
24,312 | 119,552 | |||
| Total Turkey | 3,162,341 | ||||
| TOTAL COMMON STOCKS (Cost: $78,794,966) |
56,426,995 | ||||
| RIGHTS* – 0.0% | |||||
| South Africa – 0.0% | |||||
| Super Group, expiring 10/20/08 (Cost: $0) |
68,990 | 333 | |||
| WARRANTS* – 0.0% | |||||
| France – 0.0% | |||||
| ICE Brent Crude Oil Future., expiring 1/01/19 (Cost: $0) |
11,741 | — | |||
| TOTAL INVESTMENTS IN SECURITIES – 98.4% (Cost: $78,794,966)(a) |
56,427,328 | ||||
| Cash, Foreign Currency and Other Assets in |
911,144 | ||||
| NET ASSETS – 100.0% | $ | 57,338,472 | |||
ADR – American Depositary Receipts.
LP – Limited Partnership
PDR – Philippine Depositary Receipts.
| * | Non-income producing security. |
| (a) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 103 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Middle East Dividend Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 98.9% | |||||
| Bahrain – 5.3% | |||||
| Ahli United Bank |
181,021 | $ | 181,021 | ||
| Al-Salam Bank |
221,367 | 123,292 | |||
| Bahrain Telecom Co. |
139,213 | 251,067 | |||
| BBK |
83,523 | 151,075 | |||
| Ithmaar Bank BSC |
254,035 | 142,260 | |||
| Total Bahrain | 848,715 | ||||
| Egypt – 11.5% | |||||
| Alexandria Mineral Oils Co. |
14,668 | 168,309 | |||
| Canal Shipping Agencies |
17,103 | 51,724 | |||
| Commercial International Bank |
9,751 | 71,028 | |||
| Credit Agricole Egypt SAE |
25,857 | 64,708 | |||
| Egyptian Co. for Mobile Services |
14,757 | 287,846 | |||
| Egyptian Financial Group-Hermes Holding SAE |
10,368 | 64,381 | |||
| El Ezz Steel Co. |
7,142 | 24,384 | |||
| National Societe Generale Bank SAE |
5,921 | 27,163 | |||
| Olympic Group Financial Investments |
3,503 | 23,073 | |||
| Orascom Construction Industries |
5,391 | 313,048 | |||
| Orascom Telecom Holding SAE |
13,991 | 103,092 | |||
| Sidi Kerir Petrochemcials Co. |
84,762 | 241,136 | |||
| Telecom Egypt |
155,068 | 420,422 | |||
| Total Egypt | 1,860,314 | ||||
| Jordan – 7.5% | |||||
| Arab Bank |
18,585 | 515,447 | |||
| Housing Bank For Trade And Finance (The) |
21,837 | 286,640 | |||
| Jordan Cement Factories |
8,967 | 93,277 | |||
| Jordan Telecom |
40,057 | 322,265 | |||
| Total Jordan | 1,217,629 | ||||
| Kuwait – 28.8% | |||||
| Al Ahli Bank of Kuwait |
55,000 | 210,152 | |||
| Bank of Kuwait & Middle East |
120,000 | 296,685 | |||
| Boubyan Petrochemicals Co. |
40,000 | 128,863 | |||
| Burgan Bank |
80,000 | 278,704 | |||
| Commercial Bank of Kuwait |
100,000 | 471,999 | |||
| Commercial Real Estate Co. |
160,000 | 100,693 | |||
| Gulf Bank KSC |
40,000 | 191,796 | |||
| IFA Hotels & Resorts |
48,000 | 151,040 | |||
| Kuwait Cement Co. |
40,000 | 188,799 | |||
| Kuwait Finance House |
46,000 | 365,312 | |||
| Kuwait Investment Projects Co. Holdings |
120,000 | 458,513 | |||
| Mobile Telecommunications Co. KSC |
100,500 | 549,653 | |||
| National Bank of Kuwait |
100,000 | 674,283 | |||
| National Investments Co. |
40,000 | 109,384 | |||
| National Mobile Telecommunication Co. KSC |
17,500 | 125,866 | |||
| Noor Financial Investment K.S.C.C. |
80,000 | 73,122 | |||
| Public Warehousing Co. KSC (The) |
90,000 | 279,828 | |||
| Total Kuwait | 4,654,692 | ||||
| Morocco – 10.0% | |||||
| Maroc Telecom |
73,442 | 1,608,561 | |||
| Oman – 5.0% | |||||
| Bank Muscat SAOG |
64,786 | 192,507 | |||
| Oman Telecommunications Co. |
87,221 | 447,206 | |||
| Raysut Cement Co. |
28,558 | 159,480 | |||
| Total Oman | 799,193 | ||||
| Investments | Shares | U.S. $ Value | |||
| Qatar – 11.7% | |||||
| Doha Bank QSC |
14,673 | $ | 225,645 | ||
| Industries Qatar |
1,144 | 45,050 | |||
| Masraf Al Rayan |
54,003 | 278,802 | |||
| Qatar Electricity & Water Co. |
4,289 | 116,603 | |||
| Qatar Fuel Co. |
1,105 | 51,556 | |||
| Qatar Insurance Co. |
1,907 | 89,079 | |||
| Qatar Islamic Bank |
8,119 | 274,015 | |||
| Qatar National Bank SAQ |
8,682 | 452,518 | |||
| Qatar Shipping Co. |
16,052 | 232,305 | |||
| Qatar Telecom Q-Tel QSC |
2,444 | 98,525 | |||
| United Development Co. |
2,329 | 31,339 | |||
| Total Qatar | 1,895,437 | ||||
| United Arab Emirates – 17.1% | |||||
| Abu Dhabi Commercial Bank |
65,233 | 62,689 | |||
| Arabtec Holding Co. |
85,269 | 290,169 | |||
| DP World Ltd. |
607,366 | 431,230 | |||
| Dubai Financial Market |
215,469 | 198,854 | |||
| Dubai Investments |
212,718 | 177,784 | |||
| Dubai Islamic Bank |
263,173 | 422,710 | |||
| Emaar Properties PJSC |
173,091 | 365,196 | |||
| Emirates NBD PJSC* |
247,471 | 609,708 | |||
| First Gulf Bank PJSC |
10,049 | 44,592 | |||
| National Bank of Abu Dhabi PJSC |
22,468 | 90,832 | |||
| Tamweel PJSC |
65,235 | 67,486 | |||
| Total United Arab Emirates | 2,761,250 | ||||
| United States – 2.0% | |||||
| Abu Dhabi Commercial Bank P-Certificates* |
108,195 | 103,976 | |||
| First Gulf Bank PJSC P-Certificates* |
16,636 | 73,823 | |||
| National Bank of Abu Dhabi PJSC P-Certificates* |
37,242 | 150,562 | |||
| Total United States | 328,361 | ||||
| TOTAL COMMON STOCKS (Cost: $18,728,745) |
15,974,152 | ||||
| RIGHTS* – 0.1% | |||||
| Kuwait – 0.1% | |||||
| Al Ahli Bank of Kuwait, expiring 12/31/08 (Cost: $0) |
9,000 | 14,160 | |||
| LONG-TERM INVESTMENTS (Cost: $18,728,745) |
15,988,312 | ||||
| SHORT-TERM INVESTMENT – 0.7% | |||||
| MONEY MARKET FUND | |||||
| United States – 0.7% | |||||
| Columbia Cash Reserves Fund, 2.08%(a) (Cost: $111,853) |
111,853 | 111,853 | |||
| TOTAL INVESTMENTS IN SECURITIES – 99.7% (Cost: $18,840,598)(b) |
16,100,165 | ||||
| Cash, Foreign Currency and Other Assets in Excess of Liabilities – 0.3% |
50,501 | ||||
| NET ASSETS – 100.0% | $ | 16,150,666 | |||
| * | Non-income producing security. |
| (a) |
Rate shown represents annualized 7-day yield as of September 30, 2008. |
| (b) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 104 | WisdomTree International Dividend Funds |
Table of Contents
Statements of Assets and Liabilities (unaudited)
WisdomTree International Dividend Funds
September 30, 2008
| WisdomTree DEFA Fund |
WisdomTree DEFA High-Yielding Equity Fund |
WisdomTree Europe Total Dividend Fund |
WisdomTree Europe High-Yielding Equity Fund |
WisdomTree Europe SmallCap Dividend Fund |
||||||||||||||||
| ASSETS: |
||||||||||||||||||||
| Investments, at cost |
$ | 536,324,449 | $ | 209,724,408 | $ | 44,338,119 | $ | 49,687,562 | $ | 40,623,378 | ||||||||||
| Foreign currency, at cost |
3,189,538 | 1,886,974 | 407,152 | 762,457 | 41,292 | |||||||||||||||
| Investments in securities, at value (including securities on loan) (Note 2) |
401,116,611 | 151,210,947 | 33,378,906 | 37,097,979 | 23,145,597 | |||||||||||||||
| Cash |
1,508,139 | 1,500,000 | 150,000 | 300,000 | — | |||||||||||||||
| Foreign currency, at value |
2,930,869 | 1,725,365 | 372,599 | 695,660 | 40,105 | |||||||||||||||
| Receivables: |
||||||||||||||||||||
| Investment securities sold |
135,778 | 9,207,466 | 13,741 | 34,055 | 659,322 | |||||||||||||||
| Foreign currency spot contracts |
1,046,732 | 1,577,926 | 134,991 | 198,122 | 132,762 | |||||||||||||||
| Dividends and interest |
1,493,091 | 730,497 | 68,658 | 128,581 | 90,736 | |||||||||||||||
| Foreign tax reclaims |
214,267 | 105,022 | 45,777 | 27,973 | 40,630 | |||||||||||||||
| Total Assets |
408,445,487 | 166,057,223 | 34,164,672 | 38,482,370 | 24,109,152 | |||||||||||||||
| LIABILITIES: |
||||||||||||||||||||
| Due to foreign custodian |
— | — | — | — | 141,681 | |||||||||||||||
| Payables: |
||||||||||||||||||||
| Investment securities purchased |
1,962,965 | 3,105,578 | 497,184 | 895,133 | 19,979 | |||||||||||||||
| Foreign currency spot contracts |
1,085,000 | 1,645,000 | 140,000 | 205,000 | 127,833 | |||||||||||||||
| Collateral for securities on loan (Note 2) |
14,617 | 35 | 149 | — | 2,662 | |||||||||||||||
| Capital shares redeemed |
— | 9,483,670 | — | — | — | |||||||||||||||
| Advisory fees (Note 3) |
172,133 | 83,583 | 14,256 | 19,156 | 16,106 | |||||||||||||||
| Service fees (Note 2) |
1,578 | 634 | 131 | 145 | 122 | |||||||||||||||
| Total Liabilities |
3,236,293 | 14,318,500 | 651,720 | 1,119,434 | 308,383 | |||||||||||||||
| NET ASSETS |
$ | 405,209,194 | $ | 151,738,723 | $ | 33,512,952 | $ | 37,362,936 | $ | 23,800,769 | ||||||||||
| NET ASSETS: |
||||||||||||||||||||
| Paid-in capital |
$ | 542,528,593 | $ | 212,054,606 | $ | 44,153,301 | $ | 49,881,149 | $ | 48,406,641 | ||||||||||
| Undistributed net investment income |
14,244,743 | 8,943,980 | 1,408,409 | 1,821,959 | 1,619,452 | |||||||||||||||
| Accumulated net realized loss on investments and foreign currency related transactions |
(16,060,151 | ) | (10,587,949 | ) | (1,064,101 | ) | (1,702,075 | ) | (8,728,090 | ) | ||||||||||
| Net unrealized depreciation on investments and translation of assets and liabilities denominated in foreign currencies |
(135,503,991 | ) | (58,671,914 | ) | (10,984,657 | ) | (12,638,097 | ) | (17,497,234 | ) | ||||||||||
| NET ASSETS |
$ | 405,209,194 | $ | 151,738,723 | $ | 33,512,952 | $ | 37,362,936 | $ | 23,800,769 | ||||||||||
| Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized) |
8,250,000 | 3,200,000 | 700,000 | 800,000 | 600,000 | |||||||||||||||
| Net asset value per share |
$ | 49.12 | $ | 47.42 | $ | 47.88 | $ | 46.70 | $ | 39.67 | ||||||||||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 105 |
Table of Contents
Statements of Assets and Liabilities (unaudited) (continued)
WisdomTree International Dividend Funds
September 30, 2008
| WisdomTree Japan Total Dividend Fund |
WisdomTree Japan High-Yielding Equity Fund |
WisdomTree Japan SmallCap Dividend Fund |
WisdomTree Pacific ex-Japan Total Dividend Fund |
WisdomTree Pacific ex-Japan High-Yielding Equity Fund |
||||||||||||||||
| ASSETS: |
||||||||||||||||||||
| Investments, at cost |
$ | 38,008,168 | $ | 33,610,936 | $ | 94,051,801 | $ | 97,431,837 | $ | 56,402,598 | ||||||||||
| Foreign currency, at cost |
46,640 | 35,070 | 180,271 | 389,971 | 208,242 | |||||||||||||||
| Investments in securities, at value (including securities on loan) (Note 2) |
28,600,957 | 26,303,830 | 69,682,904 | 68,127,153 | 39,239,106 | |||||||||||||||
| Foreign currency, at value |
46,154 | 35,155 | 178,384 | 381,240 | 199,790 | |||||||||||||||
| Receivables: |
||||||||||||||||||||
| Dividends and interest |
268,978 | 343,642 | 619,547 | 694,280 | 621,666 | |||||||||||||||
| Foreign tax reclaims |
— | — | — | 102 | — | |||||||||||||||
| Total Assets |
28,916,089 | 26,682,627 | 70,480,835 | 69,202,775 | 40,060,562 | |||||||||||||||
| LIABILITIES: |
||||||||||||||||||||
| Due to foreign custodian |
— | — | — | 2,743 | — | |||||||||||||||
| Payables: |
||||||||||||||||||||
| Collateral for securities on loan (Note 2) |
5 | 1 | — | 503 | 1,585 | |||||||||||||||
| Advisory fees (Note 3) |
12,065 | 13,378 | 35,292 | 34,261 | 21,843 | |||||||||||||||
| Service fees (Note 2) |
111 | 102 | 268 | 314 | 166 | |||||||||||||||
| Total Liabilities |
12,181 | 13,481 | 35,560 | 37,821 | 23,594 | |||||||||||||||
| NET ASSETS |
$ | 28,903,908 | $ | 26,669,146 | $ | 70,445,275 | $ | 69,164,954 | $ | 40,036,968 | ||||||||||
| NET ASSETS: |
||||||||||||||||||||
| Paid-in capital |
$ | 38,435,352 | $ | 37,548,119 | $ | 95,992,876 | $ | 97,243,167 | $ | 57,387,845 | ||||||||||
| Undistributed net investment income |
565,787 | 621,888 | 1,298,051 | 4,349,461 | 2,839,411 | |||||||||||||||
| Accumulated net realized loss on investments and foreign currency related transactions |
(690,418 | ) | (4,194,892 | ) | (2,477,817 | ) | (3,064,403 | ) | (2,974,061 | ) | ||||||||||
| Net unrealized depreciation on investments and translation of assets and liabilities denominated in foreign currencies |
(9,406,813 | ) | (7,305,969 | ) | (24,367,835 | ) | (29,363,271 | ) | (17,216,227 | ) | ||||||||||
| NET ASSETS |
$ | 28,903,908 | $ | 26,669,146 | $ | 70,445,275 | $ | 69,164,954 | $ | 40,036,968 | ||||||||||
| Outstanding beneficial interest shares of $0.001 par value |
700,000 | 600,000 | 1,900,000 | 1,200,000 | 800,000 | |||||||||||||||
| Net asset value per share |
$ | 41.29 | $ | 44.45 | $ | 37.08 | $ | 57.64 | $ | 50.05 | ||||||||||
See Notes to Financial Statements.
| 106 | WisdomTree International Dividend Funds |
Table of Contents
Statements of Assets and Liabilities (unaudited) (continued)
WisdomTree International Dividend Funds
September 30, 2008
| WisdomTree International LargeCap Dividend Fund |
WisdomTree International Dividend Top 100 Fund |
WisdomTree International MidCap Dividend Fund |
WisdomTree International SmallCap Dividend Fund |
WisdomTree International Real Estate Fund |
||||||||||||||||
| ASSETS: |
||||||||||||||||||||
| Investments, at cost |
$ | 159,797,544 | $ | 329,359,699 | $ | 254,885,837 | $ | 579,795,458 | $ | 139,705,384 | ||||||||||
| Foreign currency, at cost |
1,925,619 | 3,612,598 | 827,630 | 958,970 | 278,870 | |||||||||||||||
| Investments in securities, at value (including securities on loan) (Note 2) |
126,165,260 | 229,285,117 | 174,686,291 | 378,924,654 | 89,483,640 | |||||||||||||||
| Cash |
12,728 | 2,500 | — | — | 98,459 | |||||||||||||||
| Foreign currency, at value |
1,758,491 | 3,283,590 | 800,444 | 946,864 | 272,175 | |||||||||||||||
| Receivables: |
||||||||||||||||||||
| Investment securities sold |
— | — | 207,615 | 3,751,416 | 402,402 | |||||||||||||||
| Foreign currency spot contracts |
— | 3,793,407 | — | |||||||||||||||||
| Dividends and interest |
441,787 | 1,334,077 | 742,400 | 2,388,094 | — | |||||||||||||||
| Foreign tax reclaims |
99,353 | 309,012 | 105,389 | 180,390 | 15,454 | |||||||||||||||
| Capital shares sold |
— | — | — | 1,054 | — | |||||||||||||||
| Total Assets |
128,477,619 | 234,214,296 | 176,542,139 | 389,985,879 | 90,272,130 | |||||||||||||||
| LIABILITIES: |
||||||||||||||||||||
| Payables: |
||||||||||||||||||||
| Investment securities purchased |
— | — | — | 3,173,176 | — | |||||||||||||||
| Foreign currency spot contracts |
— | — | — | 3,825,720 | — | |||||||||||||||
| Collateral for securities on loan (Note 2) |
— | 407 | 2,833 | 153,070 | — | |||||||||||||||
| Advisory fees (Note 3) |
54,163 | 132,140 | 89,032 | 201,430 | 50,412 | |||||||||||||||
| Service fees (Note 2) |
497 | 1,002 | 676 | 1,528 | 382 | |||||||||||||||
| Total Liabilities |
54,660 | 133,549 | 92,541 | 7,354,924 | 50,794 | |||||||||||||||
| NET ASSETS |
$ | 128,422,959 | $ | 234,080,747 | $ | 176,449,598 | $ | 382,630,955 | $ | 90,221,336 | ||||||||||
| NET ASSETS: |
||||||||||||||||||||
| Paid-in capital |
$ | 162,017,159 | $ | 338,073,471 | $ | 256,009,631 | $ | 588,590,914 | $ | 152,832,920 | ||||||||||
| Undistributed net investment income |
4,989,151 | 15,754,608 | 6,212,899 | 15,568,898 | 917,424 | |||||||||||||||
| Accumulated net realized loss on investments and foreign currency related transactions |
(4,761,735 | ) | (19,238,526 | ) | (5,489,562 | ) | (20,535,882 | ) | (13,295,069 | ) | ||||||||||
| Net unrealized depreciation on investments and translation of assets and liabilities denominated in foreign currencies |
(33,821,616 | ) | (100,508,806 | ) | (80,283,370 | ) | (200,992,975 | ) | (50,233,939 | ) | ||||||||||
| NET ASSETS |
$ | 128,422,959 | $ | 234,080,747 | $ | 176,449,598 | $ | 382,630,955 | $ | 90,221,336 | ||||||||||
| Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized) |
2,600,000 | 4,700,000 | 3,700,000 | 8,500,000 | 3,100,000 | |||||||||||||||
| Net asset value per share |
$ | 49.39 | $ | 49.80 | $ | 47.69 | $ | 45.02 | $ | 29.10 | ||||||||||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 107 |
Table of Contents
Statements of Assets and Liabilities (unaudited) (concluded)
WisdomTree International Dividend Funds
September 30, 2008
| WisdomTree Emerging Markets High-Yielding Equity Fund |
WisdomTree Emerging Markets SmallCap Dividend Fund |
WisdomTree Middle East Dividend Fund |
||||||||||
| ASSETS: |
||||||||||||
| Investments, at cost |
$ | 258,138,378 | $ | 78,794,966 | $ | 18,840,598 | ||||||
| Foreign currency, at cost |
2,734,258 | 593,869 | 256,865 | |||||||||
| Investments in securities, at value (including securities on loan) (Note 2) |
202,917,916 | 56,427,328 | 16,100,165 | |||||||||
| Cash |
— | 94,915 | 19,897 | |||||||||
| Foreign currency, at value |
2,721,608 | 585,917 | 256,776 | |||||||||
| Receivables: |
||||||||||||
| Investment securities sold |
— | 53,434 | — | |||||||||
| Foreign currency spot contracts |
302,099 | 23,452 | — | |||||||||
| Dividends and interest |
1,045,150 | 226,930 | 4,764 | |||||||||
| Capital shares sold |
4,283,891 | — | 26,683 | |||||||||
| Total Assets |
211,270,664 | 57,411,976 | 16,408,285 | |||||||||
| LIABILITIES: |
||||||||||||
| Due to foreign custodian |
1,133,968 | — | — | |||||||||
| Payables: |
||||||||||||
| Investment securities purchased |
4,100,902 | 17,459 | 247,826 | |||||||||
| Foreign currency spot contracts |
301,473 | 24,000 | — | |||||||||
| Advisory fees (Note 3) |
108,362 | 31,823 | 7,485 | |||||||||
| Service fees (Note 2) |
757 | 222 | — | |||||||||
| Other expenses |
— | — | 2,308 | |||||||||
| Total Liabilities |
5,645,462 | 73,504 | 257,619 | |||||||||
| NET ASSETS |
$ | 205,625,202 | $ | 57,338,472 | $ | 16,150,666 | ||||||
| NET ASSETS: |
||||||||||||
| Paid-in capital |
$ | 251,749,108 | $ | 81,618,399 | $ | 18,960,327 | ||||||
| Undistributed net investment income |
8,555,697 | 2,250,692 | 15,633 | |||||||||
| Accumulated net realized gain (loss) on investments and foreign currency related transactions |
608,383 | (4,150,373 | ) | (84,633 | ) | |||||||
| Net unrealized depreciation on investments and translation of assets and liabilities denominated in foreign currencies |
(55,287,986 | ) | (22,380,246 | ) | (2,740,661 | ) | ||||||
| NET ASSETS |
$ | 205,625,202 | $ | 57,338,472 | $ | 16,150,666 | ||||||
| Outstanding beneficial interest shares of $0.001 par value |
4,800,000 | 1,800,000 | 800,000 | |||||||||
| Net asset value per share |
$ | 42.84 | $ | 31.85 | $ | 20.19 | ||||||
See Notes to Financial Statements.
| 108 | WisdomTree International Dividend Funds |
Table of Contents
Statements of Operations (unaudited)
WisdomTree International Dividend Funds
For the Six Months Ended September 30, 2008
| WisdomTree DEFA Fund |
WisdomTree DEFA High-Yielding Equity Fund |
WisdomTree Europe Total Dividend Fund |
WisdomTree Europe High-Yielding Equity Fund |
WisdomTree Europe SmallCap Dividend Fund |
||||||||||||||||
| INVESTMENT INCOME: |
||||||||||||||||||||
| Dividends1 |
$ | 12,274,725 | $ | 7,723,312 | $ | 1,245,076 | $ | 1,631,883 | $ | 1,564,030 | ||||||||||
| Interest |
10,420 | 2,939 | — | — | — | |||||||||||||||
| Securities lending income (Note 2) |
213,919 | 124,571 | 13,581 | 20,956 | 23,407 | |||||||||||||||
| Total investment income |
12,499,064 | 7,850,822 | 1,258,657 | 1,652,839 | 1,587,437 | |||||||||||||||
| EXPENSES: |
||||||||||||||||||||
| Advisory fees (Note 3) |
1,097,362 | 646,132 | 99,558 | 131,360 | 121,173 | |||||||||||||||
| Service fees (Note 2) |
10,059 | 4,902 | 913 | 996 | 919 | |||||||||||||||
| Total expenses |
1,107,421 | 651,034 | 100,471 | 132,356 | 122,092 | |||||||||||||||
| Net investment income |
11,391,643 | 7,199,788 | 1,158,186 | 1,520,483 | 1,465,345 | |||||||||||||||
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |
||||||||||||||||||||
| Net realized gain (loss) from: |
||||||||||||||||||||
| Investment transactions |
(12,259,517 | ) | (11,306,559 | ) | (386,246 | ) | (2,328,964 | ) | (4,610,427 | ) | ||||||||||
| In-kind redemptions |
182,901 | 2,278,637 | 28,236 | 1,193,289 | (1,576,094 | ) | ||||||||||||||
| Foreign currency related transactions |
(348,365 | ) | (331,755 | ) | (37,193 | ) | (56,087 | ) | (34,064 | ) | ||||||||||
| Net realized loss |
(12,424,981 | ) | (9,359,677 | ) | (395,203 | ) | (1,191,762 | ) | (6,220,585 | ) | ||||||||||
| Net change in unrealized depreciation from: |
||||||||||||||||||||
| Investment transactions |
(112,241,064 | ) | (44,541,945 | ) | (10,618,530 | ) | (10,036,810 | ) | (9,080,446 | ) | ||||||||||
| Translation of assets and liabilities denominated in foreign currencies |
(307,504 | ) | (182,266 | ) | (30,828 | ) | (50,834 | ) | (54,297 | ) | ||||||||||
| Net change in unrealized depreciation |
(112,548,568 | ) | (44,724,211 | ) | (10,649,358 | ) | (10,087,644 | ) | (9,134,743 | ) | ||||||||||
| Net realized and unrealized loss on investments |
(124,973,549 | ) | (54,083,888 | ) | (11,044,561 | ) | (11,279,406 | ) | (15,355,328 | ) | ||||||||||
| NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS |
$ | (113,581,906 | ) | $ | (46,884,100 | ) | $ | (9,886,375 | ) | $ | (9,758,923 | ) | $ | (13,889,983 | ) | |||||
| 1 |
Net of foreign withholding tax of $1,361,226, $890,051, $163,561, $218,678 and $193,359, respectively. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 109 |
Table of Contents
Statements of Operations (unaudited) (continued)
WisdomTree International Dividend Funds
For the Six Months Ended September 30, 2008
| WisdomTree Japan Total Dividend Fund |
WisdomTree Japan High-Yielding Equity Fund |
WisdomTree Japan SmallCap Dividend Fund |
WisdomTree Pacific ex-Japan Total Dividend Fund |
WisdomTree Pacific ex-Japan High-Yielding Equity Fund |
||||||||||||||||
| INVESTMENT INCOME: |
||||||||||||||||||||
| Dividends1 |
$ | 301,860 | $ | 371,453 | $ | 667,744 | $ | 3,333,791 | $ | 1,861,471 | ||||||||||
| Interest |
282 | 188 | 485 | 2,746 | 4,601 | |||||||||||||||
| Securities lending income (Note 2) |
371 | 799 | 39,947 | 23,987 | 10,836 | |||||||||||||||
| Total investment income |
302,513 | 372,440 | 708,176 | 3,360,524 | 1,876,908 | |||||||||||||||
| EXPENSES: |
||||||||||||||||||||
| Advisory fees (Note 3) |
73,808 | 86,054 | 217,491 | 305,238 | 163,362 | |||||||||||||||
| Service fees (Note 2) |
677 | 653 | 1,650 | 2,798 | 1,239 | |||||||||||||||
| Total expenses |
74,485 | 86,707 | 219,141 | 308,036 | 164,601 | |||||||||||||||
| Net investment income |
228,028 | 285,733 | 489,035 | 3,052,488 | 1,712,307 | |||||||||||||||
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |
||||||||||||||||||||
| Net realized gain (loss) from: |
||||||||||||||||||||
| Investment transactions |
(456,605 | ) | (3,478,613 | ) | (2,207,107 | ) | (672,864 | ) | (4,268,650 | ) | ||||||||||
| In-kind redemptions |
— | 267,669 | 767,093 | (687,670 | ) | 1,620,103 | ||||||||||||||
| Foreign currency related transactions |
(22,341 | ) | (19,790 | ) | (33,912 | ) | 4,017 | (25,975 | ) | |||||||||||
| Net realized loss |
(478,946 | ) | (3,230,734 | ) | (1,473,926 | ) | (1,356,517 | ) | (2,674,522 | ) | ||||||||||
| Net change in unrealized depreciation from: |
||||||||||||||||||||
| Investment transactions |
(4,559,605 | ) | (139,058 | ) | (12,095,734 | ) | (22,935,756 | ) | (11,743,238 | ) | ||||||||||
| Translation of assets and liabilities denominated in foreign currencies |
(433 | ) | (514 | ) | (11,637 | ) | (43,336 | ) | (37,497 | ) | ||||||||||
| Net change in unrealized depreciation |
(4,560,038 | ) | (139,572 | ) | (12,107,371 | ) | (22,979,092 | ) | (11,780,735 | ) | ||||||||||
| Net realized and unrealized loss on investments |
(5,038,984 | ) | (3,370,306 | ) | (13,581,297 | ) | (24,335,609 | ) | (14,455,257 | ) | ||||||||||
| NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS |
$ | (4,810,956 | ) | $ | (3,084,573 | ) | $ | (13,092,262 | ) | $ | (21,283,121 | ) | $ | (12,742,950 | ) | |||||
| 1 |
Net of foreign withholding tax of $22,263, $27,929, $50,121, $26,543 and $25,088, respectively. |
See Notes to Financial Statements.
| 110 | WisdomTree International Dividend Funds |
Table of Contents
Statements of Operations (unaudited) (continued)
WisdomTree International Dividend Funds
For the Six Months Ended September 30, 2008
| WisdomTree International LargeCap Dividend Fund |
WisdomTree International Dividend Top 100 Fund |
WisdomTree International MidCap Dividend Fund |
WisdomTree International SmallCap Dividend Fund |
WisdomTree International Real Estate Fund |
||||||||||||||||
| INVESTMENT INCOME: |
||||||||||||||||||||
| Dividends1 |
$ | 4,379,082 | $ | 13,349,140 | $ | 5,324,103 | $ | 12,812,025 | $ | 3,048,958 | ||||||||||
| Interest |
1,314 | — | 7,666 | 3,070 | — | |||||||||||||||
| Securities lending income (Note 2) |
66,337 | 377,348 | 108,370 | 349,980 | 38,617 | |||||||||||||||
| Total investment income |
4,446,733 | 13,726,488 | 5,440,139 | 13,165,075 | 3,087,575 | |||||||||||||||
| EXPENSES: |
||||||||||||||||||||
| Advisory fees (Note 3) |
365,385 | 1,019,036 | 594,695 | 1,368,867 | 346,150 | |||||||||||||||
| Service fees (Note 2) |
3,349 | 7,730 | 4,512 | 10,384 | 2,626 | |||||||||||||||
| Total expenses |
368,734 | 1,026,766 | 599,207 | 1,379,251 | 348,776 | |||||||||||||||
| Net investment income |
4,077,999 | 12,699,722 | 4,840,932 | 11,785,824 | 2,738,799 | |||||||||||||||
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |
||||||||||||||||||||
| Net realized gain (loss) from: |
||||||||||||||||||||
| Investment transactions |
(1,885,546 | ) | (17,190,036 | ) | (7,975,467 | ) | (29,208,787 | ) | (9,721,761 | ) | ||||||||||
| In-kind redemptions |
27,610 | 4,488,597 | 4,825,827 | 13,525,562 | (768,934 | ) | ||||||||||||||
| Foreign currency related transactions |
(67,857 | ) | (183,615 | ) | (56,809 | ) | (384,389 | ) | (13,683 | ) | ||||||||||
| Net realized loss |
(1,925,793 | ) | (12,885,054 | ) | (3,206,449 | ) | (16,067,614 | ) | (10,504,378 | ) | ||||||||||
| Net change in unrealized depreciation from: |
||||||||||||||||||||
| Investment transactions |
(34,089,499 | ) | (78,684,643 | ) | (54,088,296 | ) | (131,130,548 | ) | (33,592,864 | ) | ||||||||||
| Translation of assets and liabilities denominated in foreign currencies |
(197,349 | ) | (405,524 | ) | (120,256 | ) | (281,108 | ) | (17,115 | ) | ||||||||||
| Net change in unrealized depreciation |
(34,286,848 | ) | (79,090,167 | ) | (54,208,552 | ) | (131,411,656 | ) | (33,609,979 | ) | ||||||||||
| Net realized and unrealized loss on investments |
(36,212,641 | ) | (91,975,221 | ) | (57,415,001 | ) | (147,479,270 | ) | (44,114,357 | ) | ||||||||||
| NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS |
$ | (32,134,642 | ) | $ | (79,275,499 | ) | $ | (52,574,069 | ) | $ | (135,693,446 | ) | $ | (41,375,558 | ) | |||||
| 1 |
Net of foreign withholding tax of $510,828, $1,531,241, $536,457, $1,042,031, and $375,384, respectively. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 111 |
Table of Contents
Statements of Operations (unaudited) (concluded)
WisdomTree International Dividend Funds
For the Six Months Ended September 30, 2008
| WisdomTree Emerging Markets High-Yielding Equity Fund |
WisdomTree Emerging Markets SmallCap Dividend Fund |
WisdomTree Middle East Dividend Fund* |
||||||||||
| INVESTMENT INCOME: |
||||||||||||
| Dividends1 |
$ | 8,000,623 | $ | 2,287,721 | $ | 35,984 | ||||||
| Interest |
— | — | 953 | |||||||||
| Securities lending income (Note 2) |
2,762 | 5,681 | — | |||||||||
| Total investment income |
8,003,385 | 2,293,402 | 36,937 | |||||||||
| EXPENSES: |
||||||||||||
| Advisory fees (Note 3) |
671,203 | 200,574 | 16,380 | |||||||||
| Service fees (Note 2) |
4,688 | 1,401 | — | |||||||||
| Other expenses |
— | — | 4,924 | |||||||||
| Total expenses |
675,891 | 201,975 | 21,304 | |||||||||
| Net investment income |
7,327,494 | 2,091,427 | 15,633 | |||||||||
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |
||||||||||||
| Net realized gain (loss) from: |
||||||||||||
| Investment transactions |
(772,616 | ) | (3,500,193 | ) | (41,653 | ) | ||||||
| In-kind redemptions |
1,860,365 | 145,362 | — | |||||||||
| Foreign currency related transactions |
(87,781 | ) | (75,341 | ) | (42,980 | ) | ||||||
| Net realized gain (loss) |
999,968 | (3,430,172 | ) | (84,633 | ) | |||||||
| Net change in unrealized depreciation from: |
||||||||||||
| Investment transactions |
(54,030,763 | ) | (19,292,425 | ) | (2,740,433 | ) | ||||||
| Translation of assets and liabilities denominated in foreign currencies |
(48,881 | ) | (11,491 | ) | (228 | ) | ||||||
| Net change in unrealized depreciation |
(54,079,644 | ) | (19,303,916 | ) | (2,740,661 | ) | ||||||
| Net realized and unrealized loss on investments |
(53,079,676 | ) | (22,734,088 | ) | (2,825,294 | ) | ||||||
| NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS |
$ | (45,752,182 | ) | $ | (20,642,661 | ) | $ | (2,809,661 | ) | |||
| * | Commencement of investment operations for the Middle East Dividend Fund is July 16, 2008. |
| 1 |
Net of foreign withholding tax of $1,352,897, $377,539, and $0, respectively. |
See Notes to Financial Statements.
| 112 | WisdomTree International Dividend Funds |
Table of Contents
Statements of Changes in Net Assets
WisdomTree International Dividend Funds
| WisdomTree DEFA Fund |
WisdomTree DEFA High-Yielding Equity Fund |
WisdomTree Europe Total Dividend Fund |
||||||||||||||||||||||
| For the Six Months Ended |
For the Year Ended |
For the Six Months Ended |
For the Year Ended |
For the Six Months Ended |
For the Year Ended |
|||||||||||||||||||
| INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
|
|||||||||||||||||||||||
| Net investment income |
$ | 11,391,643 | $ | 7,518,034 | $ | 7,199,788 | $ | 8,265,649 | $ | 1,158,186 | $ | 1,259,697 | ||||||||||||
| Net realized gain (loss) on investments and foreign currency related transactions |
(12,424,981 | ) | (2,267,371 | ) | (9,359,677 | ) | 5,498,296 | (395,203 | ) | 774,106 | ||||||||||||||
| Net change in unrealized depreciation on investments and translation of assets and liabilities denominated in foreign currencies |
(112,548,568 | ) | (32,236,651 | ) | (44,724,211 | ) | (24,920,627 | ) | (10,649,358 | ) | (3,180,080 | ) | ||||||||||||
| Net decrease in net assets resulting from operations |
(113,581,906 | ) | (26,985,988 | ) | (46,884,100 | ) | (11,156,682 | ) | (9,886,375 | ) | (1,146,277 | ) | ||||||||||||
| DIVIDENDS AND DISTRIBUTIONS: |
||||||||||||||||||||||||
| Net investment income |
— | (5,488,381 | ) | — | (7,747,821 | ) | — | (1,174,072 | ) | |||||||||||||||
| Capital gains |
— | (240 | ) | — | — | — | — | |||||||||||||||||
| Total dividends and distributions |
— | (5,488,621 | ) | — | (7,747,821 | ) | — | (1,174,072 | ) | |||||||||||||||
| CAPITAL SHARE TRANSACTIONS: |
||||||||||||||||||||||||
| Net proceeds from sale of shares |
108,755,505 | 346,852,750 | 28,863,492 | 115,852,135 | 5,941,896 | 20,408,449 | ||||||||||||||||||
| Cost of shares redeemed |
(15,350,582 | ) | (17,295,234 | ) | (70,648,275 | ) | (41,038,331 | ) | (5,941,896 | ) | (12,874,231 | ) | ||||||||||||
| Net increase (decrease) in net assets resulting from capital share transactions |
93,404,923 | 329,557,516 | (41,784,783 | ) | 74,813,804 | — | 7,534,218 | |||||||||||||||||
| Net Increase (Decrease) in Net Assets |
(20,176,983 | ) | 297,082,907 | (88,668,883 | ) | 55,909,301 | (9,886,375 | ) | 5,213,869 | |||||||||||||||
| NET ASSETS: |
||||||||||||||||||||||||
| Beginning of period |
$ | 425,386,177 | $ | 128,303,270 | $ | 240,407,606 | $ | 184,498,305 | $ | 43,399,327 | $ | 38,185,458 | ||||||||||||
| End of period |
$ | 405,209,194 | $ | 425,386,177 | $ | 151,738,723 | $ | 240,407,606 | $ | 33,512,952 | $ | 43,399,327 | ||||||||||||
| Undistributed net investment income included in net assets at end of period |
$ | 14,244,743 | $ | 2,853,100 | $ | 8,943,980 | $ | 1,744,192 | $ | 1,408,409 | $ | 250,223 | ||||||||||||
| SHARES CREATED AND REDEEMED: |
||||||||||||||||||||||||
| Shares outstanding, beginning of period |
6,750,000 | 2,000,000 | 4,000,000 | 2,900,000 | 700,000 | 600,000 | ||||||||||||||||||
| Shares created |
1,750,000 | 5,000,000 | 500,000 | 1,700,000 | 100,000 | 300,000 | ||||||||||||||||||
| Shares redeemed |
(250,000 | ) | (250,000 | ) | (1,300,000 | ) | (600,000 | ) | (100,000 | ) | (200,000 | ) | ||||||||||||
| Shares outstanding, end of period |
8,250,000 | 6,750,000 | 3,200,000 | 4,000,000 | 700,000 | 700,000 | ||||||||||||||||||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 113 |
Table of Contents
Statements of Changes in Net Assets (continued)
WisdomTree International Dividend Funds
| WisdomTree Europe High-Yielding Equity Fund |
WisdomTree Europe SmallCap Dividend Fund |
WisdomTree Japan Total Dividend Fund |
||||||||||||||||||||||
| For the Six Months Ended (unaudited) |
For the Year Ended March 31, 2008 |
For the Six Months Ended (unaudited) |
For the Year Ended March 31, 2008 |
For the Six Months Ended (unaudited) |
For the Year Ended March 31, 2008 |
|||||||||||||||||||
| INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
|
|||||||||||||||||||||||
| Net investment income |
$ | 1,520,483 | $ | 1,792,372 | $ | 1,465,345 | $ | 3,413,206 | $ | 228,028 | $ | 522,602 | ||||||||||||
| Net realized gain (loss) on investments and foreign currency related transactions |
(1,191,762 | ) | 2,456,461 | (6,220,585 | ) | 9,524,717 | (478,946 | ) | 968,250 | |||||||||||||||
| Net change in unrealized depreciation on investments and translation of assets and liabilities denominated in foreign currencies |
(10,087,644 | ) | (7,055,046 | ) | (9,134,743 | ) | (20,721,463 | ) | (4,560,038 | ) | (8,204,133 | ) | ||||||||||||
| Net decrease in net assets resulting from operations |
(9,758,923 | ) | (2,806,213 | ) | (13,889,983 | ) | (7,783,540 | ) | (4,810,956 | ) | (6,713,281 | ) | ||||||||||||
| DIVIDENDS AND DISTRIBUTIONS: |
|
|||||||||||||||||||||||
| Net investment income |
— | (1,825,335 | ) | — | (4,161,022 | ) | — | (383,514 | ) | |||||||||||||||
| Capital gains |
— | (3,186 | ) | — | (477,202 | ) | — | — | ||||||||||||||||
| Total dividends and distributions |
— | (1,828,521 | ) | — | (4,638,224 | ) | — | (383,514 | ) | |||||||||||||||
| CAPITAL SHARE TRANSACTIONS: |
|
|||||||||||||||||||||||
| Net proceeds from sale of shares |
11,190,071 | 20,573,785 | 5,396,168 | 37,322,160 | 4,710,877 | 5,571,115 | ||||||||||||||||||
| Cost of shares redeemed |
(11,190,071 | ) | (19,337,315 | ) | (14,483,079 | ) | (125,438,276 | ) | — | (20,771,061 | ) | |||||||||||||
| Net increase (decrease) in net assets resulting from capital share transactions |
— | 1,236,470 | (9,086,911 | ) | (88,116,116 | ) | 4,710,877 | (15,199,946 | ) | |||||||||||||||
| Net Decrease in Net Assets |
(9,758,923 | ) | (3,398,264 | ) | (22,976,894 | ) | (100,537,880 | ) | (100,079 | ) | (22,296,741 | ) | ||||||||||||
| NET ASSETS: |
||||||||||||||||||||||||
| Beginning of period |
$ | 47,121,859 | $ | 50,520,123 | $ | 46,777,663 | $ | 147,315,543 | $ | 29,003,987 | $ | 51,300,728 | ||||||||||||
| End of period |
$ | 37,362,936 | $ | 47,121,859 | $ | 23,800,769 | $ | 46,777,663 | $ | 28,903,908 | $ | 29,003,987 | ||||||||||||
| Undistributed net investment income included in net assets at end of period |
$ | 1,821,959 | $ | 301,476 | $ | 1,619,452 | $ | 154,107 | $ | 565,787 | $ | 337,759 | ||||||||||||
| SHARES CREATED AND REDEEMED: |
||||||||||||||||||||||||
| Shares outstanding, beginning of period |
800,000 | 800,000 | 800,000 | 2,100,000 | 600,000 | 900,000 | ||||||||||||||||||
| Shares created |
200,000 | 300,000 | 100,000 | 500,000 | 100,000 | 100,000 | ||||||||||||||||||
| Shares redeemed |
(200,000 | ) | (300,000 | ) | (300,000 | ) | (1,800,000 | ) | — | (400,000 | ) | |||||||||||||
| Shares outstanding, end of period |
800,000 | 800,000 | 600,000 | 800,000 | 700,000 | 600,000 | ||||||||||||||||||
See Notes to Financial Statements.
| 114 | WisdomTree International Dividend Funds |
Table of Contents
Statements of Changes in Net Assets (continued)
WisdomTree International Dividend Funds
| WisdomTree Japan High-Yielding Equity Fund |
WisdomTree Japan SmallCap Dividend Fund |
WisdomTree Pacific ex-Japan Total Dividend Fund |
||||||||||||||||||||||
| For the Six Months Ended |
For the Year Ended |
For the Six Months Ended |
For the Year Ended |
For the Six Months Ended |
For the Year Ended |
|||||||||||||||||||
| INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
|
|||||||||||||||||||||||
| Net investment income |
$ | 285,733 | $ | 618,395 | $ | 489,035 | $ | 1,151,582 | $ | 3,052,488 | $ | 5,512,629 | ||||||||||||
| Net realized gain (loss) on investments and foreign currency related transactions |
(3,230,734 | ) | 986,663 | (1,473,926 | ) | 1,193,067 | (1,356,517 | ) | 17,489,222 | |||||||||||||||
| Net change in unrealized depreciation on investments and translation of assets and liabilities denominated in foreign currencies |
(139,572 | ) | (10,277,807 | ) | (12,107,371 | ) | (14,365,955 | ) | (22,979,092 | ) | (12,592,870 | ) | ||||||||||||
| Net increase (decrease) in net assets resulting from operations |
(3,084,573 | ) | (8,672,749 | ) | (13,092,262 | ) | (12,021,306 | ) | (21,283,121 | ) | 10,408,981 | |||||||||||||
| DIVIDENDS: |
||||||||||||||||||||||||
| Net investment income |
— | (784,915 | ) | — | (918,313 | ) | — | (4,868,243 | ) | |||||||||||||||
| Total dividends |
— | (784,915 | ) | — | (918,313 | ) | — | (4,868,243 | ) | |||||||||||||||
| CAPITAL SHARE TRANSACTIONS: |
||||||||||||||||||||||||
| Net proceeds from sale of shares |
4,954,617 | 40,032,961 | 16,994,409 | 23,907,075 | 7,379,046 | 153,646,234 | ||||||||||||||||||
| Cost of shares redeemed |
(4,954,617 | ) | (95,890,444 | ) | (8,757,000 | ) | (35,086,783 | ) | (62,938,851 | ) | (87,508,588 | ) | ||||||||||||
| Net increase (decrease) in net assets resulting from capital share transactions |
— | (55,857,483 | ) | 8,237,409 | (11,179,708 | ) | (55,559,805 | ) | 66,137,646 | |||||||||||||||
| Net Increase (Decrease) in Net Assets |
(3,084,573 | ) | (65,315,147 | ) | (4,854,853 | ) | (24,119,327 | ) | (76,842,926 | ) | 71,678,384 | |||||||||||||
| NET ASSETS: |
||||||||||||||||||||||||
| Beginning of period |
$ | 29,753,719 | $ | 95,068,866 | $ | 75,300,128 | $ | 99,419,455 | $ | 146,007,880 | $ | 74,329,496 | ||||||||||||
| End of period |
$ | 26,669,146 | $ | 29,753,719 | $ | 70,445,275 | $ | 75,300,128 | $ | 69,164,954 | $ | 146,007,880 | ||||||||||||
| Undistributed net investment income included in net assets at end of period |
$ | 621,888 | $ | 336,155 | $ | 1,298,051 | $ | 809,016 | $ | 4,349,461 | $ | 1,296,973 | ||||||||||||
| SHARES CREATED AND REDEEMED: |
||||||||||||||||||||||||
| Shares outstanding, beginning of period |
600,000 | 1,600,000 | 1,700,000 | 1,900,000 | 2,000,000 | 1,100,000 | ||||||||||||||||||
| Shares created |
100,000 | 700,000 | 400,000 | 500,000 | 100,000 | 2,000,000 | ||||||||||||||||||
| Shares redeemed |
(100,000 | ) | (1,700,000 | ) | (200,000 | ) | (700,000 | ) | (900,000 | ) | (1,100,000 | ) | ||||||||||||
| Shares outstanding, end of period |
600,000 | 600,000 | 1,900,000 | 1,700,000 | 1,200,000 | 2,000,000 | ||||||||||||||||||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 115 |
Table of Contents
Statements of Changes in Net Assets (continued)
WisdomTree International Dividend Funds
| WisdomTree Pacific ex-Japan High-Yielding Equity Fund |
WisdomTree International LargeCap Dividend Fund |
WisdomTree International Dividend Top 100 Fund |
||||||||||||||||||||||
| For the Six Months Ended |
For the Year Ended |
For the Six Months Ended |
For the Year Ended |
For the Six Months Ended |
For the Year Ended |
|||||||||||||||||||
| INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
|
|||||||||||||||||||||||
| Net investment income |
$ | 1,712,307 | $ | 4,461,046 | $ | 4,077,999 | $ | 3,855,138 | $ | 12,699,722 | $ | 13,519,358 | ||||||||||||
| Net realized gain (loss) on investments and foreign currency related transactions |
(2,674,522 | ) | 6,377,841 | (1,925,793 | ) | (1,933,751 | ) | (12,885,054 | ) | 12,109,246 | ||||||||||||||
| Net change in unrealized depreciation on investments and translation of assets and liabilities denominated in foreign currencies |
(11,780,735 | ) | (12,074,415 | ) | (34,286,848 | ) | (6,766,866 | ) | (79,090,167 | ) | (44,615,205 | ) | ||||||||||||
| Net decrease in net assets resulting from operations |
(12,742,950 | ) | (1,235,528 | ) | (32,134,642 | ) | (4,845,479 | ) | (79,275,499 | ) | (18,986,601 | ) | ||||||||||||
| DIVIDENDS AND DISTRIBUTIONS: |
||||||||||||||||||||||||
| Net investment income |
— | (4,520,878 | ) | — | (3,447,145 | ) | — | (12,188,598 | ) | |||||||||||||||
| Capital gains |
— | (180,947 | ) | — | — | — | — | |||||||||||||||||
| Total dividends and distributions |
— | (4,701,825 | ) | — | (3,447,145 | ) | — | (12,188,598 | ) | |||||||||||||||
| CAPITAL SHARE TRANSACTIONS: |
||||||||||||||||||||||||
| Net proceeds from sale of shares |
19,158,117 | 50,632,968 | 11,924,241 | 82,132,069 | 67,590,960 | 278,483,343 | ||||||||||||||||||
| Cost of shares redeemed |
(23,344,666 | ) | (74,934,514 | ) | (6,025,020 | ) | (6,749,879 | ) | (144,719,783 | ) | (135,566,511 | ) | ||||||||||||
| Net increase (decrease) in net assets resulting from capital share transactions |
(4,186,549 | ) | (24,301,546 | ) | 5,899,221 | 75,382,190 | (77,128,823 | ) | 142,916,832 | |||||||||||||||
| Net Increase (Decrease) in Net Assets |
(16,929,499 | ) | (30,238,899 | ) | (26,235,421 | ) | 67,089,566 | (156,404,322 | ) | 111,741,633 | ||||||||||||||
| NET ASSETS: |
||||||||||||||||||||||||
| Beginning of period |
$ | 56,966,467 | $ | 87,205,366 | $ | 154,658,380 | $ | 87,568,814 | $ | 390,485,069 | $ | 278,743,436 | ||||||||||||
| End of period |
$ | 40,036,968 | $ | 56,966,467 | $ | 128,422,959 | $ | 154,658,380 | $ | 234,080,747 | $ | 390,485,069 | ||||||||||||
| Undistributed net investment income included in net assets at end of period |
$ | 2,839,411 | $ | 1,127,104 | $ | 4,989,151 | $ | 911,152 | $ | 15,754,608 | $ | 3,054,886 | ||||||||||||
| SHARES CREATED AND REDEEMED: |
||||||||||||||||||||||||
| Shares outstanding, beginning of period |
900,000 | 1,300,000 | 2,500,000 | 1,400,000 | 6,100,000 | 4,200,000 | ||||||||||||||||||
| Shares created |
300,000 | 700,000 | 200,000 | 1,200,000 | 1,100,000 | 3,900,000 | ||||||||||||||||||
| Shares redeemed |
(400,000 | ) | (1,100,000 | ) | (100,000 | ) | (100,000 | ) | (2,500,000 | ) | (2,000,000 | ) | ||||||||||||
| Shares outstanding, end of period |
800,000 | 900,000 | 2,600,000 | 2,500,000 | 4,700,000 | 6,100,000 | ||||||||||||||||||
See Notes to Financial Statements.
| 116 | WisdomTree International Dividend Funds |
Table of Contents
Statements of Changes in Net Assets (continued)
WisdomTree International Dividend Funds
| WisdomTree International MidCap Dividend Fund |
WisdomTree International SmallCap Dividend Fund |
WisdomTree International Real Estate Fund |
||||||||||||||||||||||
| For the Six Months Ended |
For the Year Ended |
For the Six Months Ended |
For the Year Ended |
For the Six Months Ended |
For the Period June 5, 2007* through March 31, 2008 |
|||||||||||||||||||
| INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
|
|||||||||||||||||||||||
| Net investment income |
$ | 4,840,932 | $ | 7,047,605 | $ | 11,785,824 | $ | 14,098,203 | 2,738,799 | $ | 1,841,632 | |||||||||||||
| Net realized gain (loss) on investments and foreign currency related transactions |
(3,206,449 | ) | 14,466,460 | (16,067,614 | ) | 13,814,111 | (10,504,378 | ) | (2,740,853 | ) | ||||||||||||||
| Net change in unrealized depreciation on investments and translation of assets and liabilities denominated in foreign currencies |
(54,208,552 | ) | (38,272,072 | ) | (131,411,656 | ) | (91,341,062 | ) | (33,609,979 | ) | (16,623,960 | ) | ||||||||||||
| Net decrease in net assets resulting from operations |
(52,574,069 | ) | (16,758,007 | ) | (135,693,446 | ) | (63,428,748 | ) | (41,375,558 | ) | (17,523,181 | ) | ||||||||||||
| DIVIDENDS AND DISTRIBUTIONS: |
||||||||||||||||||||||||
| Net investment income |
— | (6,337,642 | ) | — | (12,285,036 | ) | — | (3,712,845 | ) | |||||||||||||||
| Capital gains |
— | (427,245 | ) | — | (516,519 | ) | — | — | ||||||||||||||||
| Total dividends and distributions |
— | (6,764,887 | ) | — | (12,801,555 | ) | — | (3,712,845 | ) | |||||||||||||||
| CAPITAL SHARE TRANSACTIONS: |
||||||||||||||||||||||||
| Net proceeds from sale of shares |
40,945,171 | 206,685,452 | 88,325,546 | 363,319,045 | 25,062,530 | 134,198,141 | ||||||||||||||||||
| Cost of shares redeemed |
(31,025,478 | ) | (132,947,933 | ) | (52,761,687 | ) | (102,643,696 | ) | (6,427,851 | ) | — | |||||||||||||
| Net increase in net assets resulting from capital share transactions |
9,919,693 | 73,737,519 | 35,563,859 | 260,675,349 | 18,634,679 | 134,198,141 | ||||||||||||||||||
| Net Increase (Decrease) in Net Assets |
(42,654,376 | ) | 50,214,625 | (100,129,587 | ) | 184,445,046 | (22,740,879 | ) | 112,962,115 | |||||||||||||||
| NET ASSETS: |
||||||||||||||||||||||||
| Beginning of period |
$ | 219,103,974 | $ | 168,889,349 | $ | 482,760,542 | $ | 298,315,496 | $ | 112,962,215 | $ | 100 | ||||||||||||
| End of period |
$ | 176,449,598 | $ | 219,103,974 | $ | 382,630,955 | $ | 482,760,542 | $ | 90,221,336 | $ | 112,962,215 | ||||||||||||
| Undistributed (Distributions in excess of) net investment income included in net assets at end of period |
$ | 6,212,899 | $ | 1,371,967 | $ | 15,568,898 | $ | 3,783,074 | $ | 917,424 | $ | (1,821,375 | ) | |||||||||||
| SHARES CREATED AND REDEEMED: |
||||||||||||||||||||||||
| Shares outstanding, beginning of period |
3,500,000 | 2,500,000 | 7,900,000 | 4,400,000 | 2,700,002 | — | ||||||||||||||||||
| Shares created |
700,000 | 2,900,000 | 1,500,000 | 5,100,000 | 600,000 | 2,700,002 | ||||||||||||||||||
| Shares redeemed |
(500,000 | ) | (1,900,000 | ) | (900,000 | ) | (1,600,000 | ) | (200,002 | ) | — | |||||||||||||
| Shares outstanding, end of period |
3,700,000 | 3,500,000 | 8,500,000 | 7,900,000 | 3,100,000 | 2,700,002 | ||||||||||||||||||
| * | Commencement of investment operations. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 117 |
Table of Contents
Statements of Changes in Net Assets (concluded)
WisdomTree International Dividend Funds
| WisdomTree Emerging Markets High-Yielding Equity Fund |
WisdomTree Emerging Markets SmallCap Dividend Fund |
WisdomTree Middle East Dividend Fund |
||||||||||||||||||
| For the Six Months Ended September 30, 2008 (unaudited) |
For the Period July 13, 2007* through March 31, 2008 |
For the Six Months Ended September 30, 2008 (unaudited) |
For the Period October 30, 2007* through March 31, 2008 |
For the Period July 16, 2008* through September 30, 2008 |
||||||||||||||||
| INCREASE (DECREASE) IN NET ASSETS RESULTING FROM |
||||||||||||||||||||
| OPERATIONS: |
||||||||||||||||||||
| Net investment income |
$ | 7,327,494 | $ | 2,395,869 | $ | 2,091,427 | $ | 285,373 | $ | 15,633 | ||||||||||
| Net realized gain (loss) on investments and foreign currency related transactions |
999,968 | (290,292 | ) | (3,430,172 | ) | (813,422 | ) | (84,633 | ) | |||||||||||
| Net change in unrealized depreciation on investments and translation of assets and liabilities denominated in foreign currencies |
(54,079,644 | ) | (1,208,342 | ) | (19,303,916 | ) | (3,076,330 | ) | (2,740,661 | ) | ||||||||||
| Net increase (decrease) in net assets resulting from operations |
(45,752,182 | ) | 897,235 | (20,642,661 | ) | (3,604,379 | ) | (2,809,661 | ) | |||||||||||
| DIVIDENDS: |
||||||||||||||||||||
| Net investment income |
— | (1,268,919 | ) | — | (33,677 | ) | — | |||||||||||||
| Total dividends |
— | (1,268,919 | ) | — | (33,677 | ) | — | |||||||||||||
| CAPITAL SHARE TRANSACTIONS: |
||||||||||||||||||||
| Net proceeds from sale of shares |
106,160,695 | 166,184,876 | 29,401,014 | 56,379,470 | 18,960,327 | |||||||||||||||
| Cost of shares redeemed |
(20,596,603 | ) | — | (4,161,395 | ) | — | — | |||||||||||||
| Net increase in net assets resulting from capital share transactions |
85,564,092 | 166,184,876 | 25,239,619 | 56,379,470 | 18,960,327 | |||||||||||||||
| Net Increase in Net Assets |
39,811,910 | 165,813,192 | 4,596,958 | 52,741,414 | 16,150,666 | |||||||||||||||
| NET ASSETS: |
||||||||||||||||||||
| Beginning of period |
$ | 165,813,292 | $ | 100 | $ | 52,741,514 | $ | 100 | $ | — | ||||||||||
| End of period |
$ | 205,625,202 | $ | 165,813,292 | $ | 57,338,472 | $ | 52,741,514 | $ | 16,150,666 | ||||||||||
| Undistributed net investment income included in net assets at end of period |
$ | 8,555,697 | $ | 1,228,203 | $ | 2,250,692 | $ | 159,265 | $ | 15,633 | ||||||||||
| SHARES CREATED AND REDEEMED: |
||||||||||||||||||||
| Shares outstanding, beginning of period |
3,200,002 | — | 1,200,002 | — | — | |||||||||||||||
| Shares created |
2,000,000 | 3,200,002 | 700,000 | 1,200,002 | 800,000 | |||||||||||||||
| Shares redeemed |
(400,002 | ) | — | (100,002 | ) | — | — | |||||||||||||
| Shares outstanding, end of period |
4,800,000 | 3,200,002 | 1,800,000 | 1,200,002 | 800,000 | |||||||||||||||
| * | Commencement of investment operations. |
See Notes to Financial Statements.
| 118 | WisdomTree International Dividend Funds |
Table of Contents
WisdomTree International Dividend Funds
September 30, 2008
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree DEFA Fund | For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
|||||||||
| Net asset value, beginning of period |
$ | 63.02 | $ | 64.15 | $ | 49.94 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
1.50 | 1.70 | 0.86 | |||||||||
| Net realized and unrealized gain (loss) |
(15.40 | ) | (1.92 | ) | 13.58 | |||||||
| Total from investment operations |
(13.90 | ) | (0.22 | ) | 14.44 | |||||||
| Dividends and distributions to shareholders: |
||||||||||||
| Net investment income |
— | (0.91 | ) | (0.21 | )3 | |||||||
| Capital gains |
— | (0.00 | )3 | (0.02 | ) | |||||||
| Total dividends and distributions to shareholders |
— | (0.91 | ) | (0.23 | ) | |||||||
| Net asset value, end of period |
$ | 49.12 | $ | 63.02 | $ | 64.15 | ||||||
| TOTAL RETURN4 |
(22.06 | )% | (0.44 | )% | 28.94 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 405,209 | $ | 425,386 | $ | 128,303 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.48 | %5 | 0.48 | % | 0.48 | %5 | ||||||
| Expenses, prior to expense reimbursements/waivers |
0.48 | %5 | 0.48 | % | 0.51 | %5 | ||||||
| Net investment income |
4.98 | %5 | 2.54 | % | 1.97 | %5 | ||||||
| Portfolio turnover rate6 |
16 | % | 10 | % | 11 | % | ||||||
| WisdomTree DEFA High-Yielding Equity Fund | For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
|||||||||
| Net asset value, beginning of period |
$ | 60.10 | $ | 63.62 | $ | 49.77 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
1.91 | 2.20 | 1.19 | |||||||||
| Net realized and unrealized gain (loss) |
(14.59 | ) | (3.78 | ) | 12.94 | |||||||
| Total from investment operations |
(12.68 | ) | (1.58 | ) | 14.13 | |||||||
| Dividends to shareholders: |
||||||||||||
| Net investment income |
— | (1.94 | ) | (0.28 | ) | |||||||
| Total dividends to shareholders |
— | (1.94 | ) | (0.28 | ) | |||||||
| Net asset value, end of period |
$ | 47.42 | $ | 60.10 | $ | 63.62 | ||||||
| TOTAL RETURN4 |
(21.10 | )% | (2.72 | )% | 28.41 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 151,739 | $ | 240,408 | $ | 184,498 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.58 | %5 | 0.58 | % | 0.58 | %5 | ||||||
| Expenses, prior to expense reimbursements/waivers |
0.58 | %5 | 0.58 | % | 0.61 | %5 | ||||||
| Net investment income |
6.46 | %5 | 3.32 | % | 2.71 | %5 | ||||||
| Portfolio turnover rate6 |
22 | % | 16 | % | 19 | % | ||||||
| 1 |
Commencement of investment operations. |
| 2 |
Based on average shares outstanding. |
| 3 |
Amount is less than $0.005. |
| 4 |
Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Note 2). |
| 5 |
Annualized. |
| 6 |
Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 119 |
Table of Contents
Financial Highlights (continued)
WisdomTree International Dividend Funds
September 30, 2008
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree Europe Total Dividend Fund | For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
|||||||||
| Net asset value, beginning of period |
$ | 62.00 | $ | 63.64 | $ | 49.95 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
1.65 | 1.71 | 0.73 | |||||||||
| Net realized and unrealized gain (loss) |
(15.77 | ) | (1.88 | ) | 13.17 | |||||||
| Total from investment operations |
(14.12 | ) | (0.17 | ) | 13.90 | |||||||
| Dividends and distributions to shareholders: |
||||||||||||
| Net investment income |
— | (1.47 | ) | (0.21 | ) | |||||||
| Capital gains |
— | — | (0.00 | )3 | ||||||||
| Total dividends and distributions to shareholders |
— | (1.47 | ) | (0.21 | ) | |||||||
| Net asset value, end of period |
$ | 47.88 | $ | 62.00 | $ | 63.64 | ||||||
| TOTAL RETURN4 |
(22.77 | )% | (0.43 | )% | 27.84 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 33,513 | $ | 43,399 | $ | 38,185 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.48 | %5 | 0.48 | % | 0.48 | %5 | ||||||
| Expenses, prior to expense reimbursements/waivers |
0.48 | %5 | 0.48 | % | 0.58 | %5 | ||||||
| Net investment income |
5.58 | %5 | 2.55 | % | 1.71 | %5 | ||||||
| Portfolio turnover rate6 |
19 | % | 15 | % | 24 | % | ||||||
| WisdomTree Europe High-Yielding Equity Fund | For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
|||||||||
| Net asset value, beginning of period |
$ | 58.90 | $ | 63.15 | $ | 49.83 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
1.90 | 2.16 | 1.09 | |||||||||
| Net realized and unrealized gain (loss) |
(14.10 | ) | (4.38 | ) | 12.55 | |||||||
| Total from investment operations |
(12.20 | ) | (2.22 | ) | 13.64 | |||||||
| Dividends and distributions to shareholders: |
||||||||||||
| Net investment income |
— | (2.03 | ) | (0.32 | ) | |||||||
| Capital gains |
— | (0.00 | )3 | — | ||||||||
| Total dividends and distributions to shareholders |
— | (2.03 | ) | (0.32 | ) | |||||||
| Net asset value, end of period |
$ | 46.70 | $ | 58.90 | $ | 63.15 | ||||||
| TOTAL RETURN4 |
(20.71 | )% | (3.76 | )% | 27.39 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 37,363 | $ | 47,122 | $ | 50,520 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.58 | %5 | 0.58 | % | 0.58 | %5 | ||||||
| Expenses, prior to expense reimbursements/waivers |
0.58 | %5 | 0.58 | % | 0.65 | %5 | ||||||
| Net investment income |
6.71 | %5 | 3.32 | % | 2.44 | %5 | ||||||
| Portfolio turnover rate6 |
25 | % | 21 | % | 24 | % | ||||||
| 1 |
Commencement of investment operations. |
| 2 |
Based on average shares outstanding. |
| 3 |
Amount represents less than $0.005. |
| 4 |
Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Note 2). |
| 5 |
Annualized. |
| 6 |
Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| 120 | WisdomTree International Dividend Funds |
Table of Contents
Financial Highlights (continued)
WisdomTree International Dividend Funds
September 30, 2008
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree Europe SmallCap Dividend Fund | For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
|||||||||
| Net asset value, beginning of period |
$ | 58.47 | $ | 70.15 | $ | 50.42 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
1.90 | 2.32 | 1.31 | |||||||||
| Net realized and unrealized gain (loss) |
(20.70 | ) | (9.78 | ) | 18.89 | |||||||
| Total from investment operations |
(18.80 | ) | (7.46 | ) | 20.20 | |||||||
| Dividends to shareholders: |
||||||||||||
| Net investment income |
— | (4.22 | ) | (0.47 | ) | |||||||
| Total dividends to shareholders |
— | (4.22 | ) | (0.47 | ) | |||||||
| Net asset value, end of period |
$ | 39.67 | $ | 58.47 | $ | 70.15 | ||||||
| TOTAL RETURN3 |
(32.15 | )% | (10.72 | )% | 40.14 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 23,801 | $ | 46,778 | $ | 147,316 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.58 | %4 | 0.58 | % | 0.58 | %4 | ||||||
| Expenses, prior to expense reimbursements/waivers |
0.58 | %4 | 0.58 | % | 0.62 | %4 | ||||||
| Net investment income |
7.01 | %4 | 3.33 | % | 2.99 | %4 | ||||||
| Portfolio turnover rate5 |
36 | % | 22 | % | 47 | % | ||||||
| WisdomTree Japan Total Dividend Fund | For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
|||||||||
| Net asset value, beginning of period |
$ | 48.34 | $ | 57.00 | $ | 50.32 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
0.35 | 0.64 | 0.56 | |||||||||
| Net realized and unrealized gain (loss) |
(7.40 | ) | (8.82 | ) | 6.33 | |||||||
| Total from investment operations |
(7.05 | ) | (8.18 | ) | 6.89 | |||||||
| Dividends to shareholders: |
||||||||||||
| Net investment income |
— | (0.48 | ) | (0.21 | ) | |||||||
| Total dividends to shareholders |
— | (0.48 | ) | (0.21 | ) | |||||||
| Net asset value, end of period |
$ | 41.29 | $ | 48.34 | $ | 57.00 | ||||||
| TOTAL RETURN3 |
(14.58 | )% | (14.39 | )% | 13.71 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 28,904 | $ | 29,004 | $ | 51,301 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements |
0.48 | %4 | 0.48 | % | 0.48 | %4 | ||||||
| Expenses, prior to expense reimbursements |
0.48 | %4 | 0.48 | % | 0.54 | %4 | ||||||
| Net investment income |
1.48 | %4 | 1.17 | % | 1.40 | %4 | ||||||
| Portfolio turnover rate5 |
5 | % | 1 | % | 6 | % | ||||||
| 1 |
Commencement of investment operations. |
| 2 |
Based on average shares outstanding. |
| 3 |
Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Note 2). |
| 4 |
Annualized. |
| 5 |
Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 121 |
Table of Contents
Financial Highlights (continued)
WisdomTree International Dividend Funds
September 30, 2008
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree Japan High-Yielding Equity Fund | For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
|||||||||
| Net asset value, beginning of period |
$ | 49.59 | $ | 59.42 | $ | 50.14 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
0.48 | 0.65 | 1.18 | |||||||||
| Net realized and unrealized gain (loss) |
(5.62 | ) | (9.50 | ) | 8.44 | |||||||
| Total from investment operations |
(5.14 | ) | (8.85 | ) | 9.62 | |||||||
| Dividends to shareholders: |
||||||||||||
| Net investment income |
— | (0.98 | ) | (0.34 | ) | |||||||
| Total dividends to shareholders |
— | (0.98 | ) | (0.34 | ) | |||||||
| Net asset value, end of period |
$ | 44.45 | $ | 49.59 | $ | 59.42 | ||||||
| TOTAL RETURN3 |
(10.36 | )% | (14.96 | )% | 19.22 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 26,669 | $ | 29,754 | $ | 95,069 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements |
0.58 | %4 | 0.58 | % | 0.58 | %4 | ||||||
| Expenses, prior to expense reimbursements |
0.58 | %4 | 0.58 | % | 0.64 | %4 | ||||||
| Net investment income |
1.93 | %4 | 1.18 | % | 3.00 | %4 | ||||||
| Portfolio turnover rate5 |
40 | % | 1 | % | 6 | % | ||||||
| WisdomTree Japan SmallCap Dividend Fund | For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
|||||||||
| Net asset value, beginning of period |
$ | 44.29 | $ | 52.33 | $ | 50.69 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
0.28 | 0.69 | 0.95 | |||||||||
| Net realized and unrealized gain (loss) |
(7.49 | ) | (8.12 | ) | 0.74 | |||||||
| Total from investment operations |
(7.21 | ) | (7.43 | ) | 1.69 | |||||||
| Dividends to shareholders: |
||||||||||||
| Net investment income |
— | (0.61 | ) | (0.05 | ) | |||||||
| Total dividends to shareholders |
— | (0.61 | ) | (0.05 | ) | |||||||
| Net asset value, end of period |
$ | 37.08 | $ | 44.29 | $ | 52.33 | ||||||
| TOTAL RETURN3 |
(16.28 | )% | (14.23 | )% | 3.34 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 70,445 | $ | 75,300 | $ | 99,419 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.58 | %4 | 0.58 | % | 0.58 | %4 | ||||||
| Expenses, prior to expense reimbursements/waivers |
0.58 | %4 | 0.58 | % | 0.64 | %4 | ||||||
| Net investment income |
1.30 | %4 | 1.44 | % | 2.75 | %4 | ||||||
| Portfolio turnover rate5 |
11 | % | 3 | % | 25 | % | ||||||
| 1 |
Commencement of investment operations. |
| 2 |
Based on average shares outstanding. |
| 3 |
Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Note 2). |
| 4 |
Annualized. |
| 5 |
Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| 122 | WisdomTree International Dividend Funds |
Table of Contents
Financial Highlights (continued)
WisdomTree International Dividend Funds
September 30, 2008
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree Pacific ex-Japan Total Dividend Fund | For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
|||||||||
| Net asset value, beginning of period |
$ | 73.00 | $ | 67.57 | $ | 49.71 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
1.80 | 2.69 | 1.40 | |||||||||
| Net realized and unrealized gain (loss) |
(17.16 | ) | 4.61 | 16.85 | ||||||||
| Total from investment operations |
(15.36 | ) | 7.30 | 18.25 | ||||||||
| Dividends to shareholders: |
||||||||||||
| Net investment income |
— | (1.87 | ) | (0.39 | ) | |||||||
| Total dividends to shareholders |
— | (1.87 | ) | (0.39 | ) | |||||||
| Net asset value, end of period |
$ | 57.64 | $ | 73.00 | $ | 67.57 | ||||||
| TOTAL RETURN3 |
(21.04 | )% | (10.58 | )% | 36.80 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 69,165 | $ | 146,008 | $ | 74,329 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements |
0.48 | %4 | 0.48 | % | 0.48 | %4 | ||||||
| Expenses, prior to expense reimbursements |
0.48 | %4 | 0.48 | % | 0.54 | %4 | ||||||
| Net investment income |
4.80 | %4 | 3.42 | % | 3.31 | %4 | ||||||
| Portfolio turnover rate5 |
16 | % | 12 | % | 21 | % | ||||||
| WisdomTree Pacific ex-Japan High-Yielding Equity Fund | For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
|||||||||
| Net asset value, beginning of period |
$ | 63.30 | $ | 67.08 | $ | 49.02 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
1.87 | 3.24 | 2.18 | |||||||||
| Net realized and unrealized gain (loss) |
(15.12 | ) | (3.40 | ) | 16.40 | |||||||
| Total from investment operations |
(13.25 | ) | (0.16 | ) | 18.58 | |||||||
| Dividends and distributions to shareholders: |
||||||||||||
| Net investment income |
— | (3.48 | ) | (0.52 | ) | |||||||
| Capital gains |
— | (0.14 | ) | — | ||||||||
| Total dividends and distributions to shareholders |
— | (3.62 | ) | (0.52 | ) | |||||||
| Net asset value, end of period |
$ | 50.05 | $ | 63.30 | $ | 67.08 | ||||||
| TOTAL RETURN3 |
(20.93 | )% | (0.69 | )% | 38.02 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 40,037 | $ | 56,966 | $ | 87,205 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.58 | %4 | 0.58 | % | 0.58 | %4 | ||||||
| Expenses, prior to expense reimbursements/waivers |
0.58 | %4 | 0.58 | % | 0.63 | %4 | ||||||
| Net investment income |
6.08 | %4 | 4.42 | % | 5.11 | %4 | ||||||
| Portfolio turnover rate5 |
28 | % | 16 | % | 7 | % | ||||||
| 1 |
Commencement of investment operations. |
| 2 |
Based on average shares outstanding. |
| 3 |
Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Note 2). |
| 4 |
Annualized. |
| 5 |
Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 123 |
Table of Contents
Financial Highlights (continued)
WisdomTree International Dividend Funds
September 30, 2008
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree International LargeCap Dividend Fund | For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
|||||||||
| Net asset value, beginning of period |
$ | 61.86 | $ | 62.55 | $ | 49.86 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
1.61 | 1.80 | 0.85 | |||||||||
| Net realized and unrealized gain (loss) |
(14.08 | ) | (1.11 | ) | 12.14 | |||||||
| Total from investment operations |
(12.47 | ) | 0.69 | 12.99 | ||||||||
| Dividends to shareholders: |
||||||||||||
| Net investment income |
— | (1.38 | ) | (0.30 | ) | |||||||
| Total dividends to shareholders |
— | (1.38 | ) | (0.30 | ) | |||||||
| Net asset value, end of period |
$ | 49.39 | $ | 61.86 | $ | 62.55 | ||||||
| TOTAL RETURN3 |
(20.16 | )% | 0.93 | % | 26.08 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 128,423 | $ | 154,658 | $ | 87,569 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.48 | %4 | 0.48 | % | 0.48 | %4 | ||||||
| Expenses, prior to expense reimbursements/waivers |
0.48 | %4 | 0.48 | % | 0.52 | %4 | ||||||
| Net investment income |
5.36 | %4 | 2.69 | % | 1.99 | %4 | ||||||
| Portfolio turnover rate5 |
16 | % | 15 | % | 8 | % | ||||||
| WisdomTree International Dividend Top 100 Fund | For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
|||||||||
| Net asset value, beginning of period |
$ | 64.01 | $ | 66.37 | $ | 49.77 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
2.25 | 2.29 | 1.03 | |||||||||
| Net realized and unrealized gain (loss) |
(16.46 | ) | (2.86 | ) | 15.80 | |||||||
| Total from investment operations |
(14.21 | ) | (0.57 | ) | 16.83 | |||||||
| Dividends and distributions to shareholders: |
||||||||||||
| Net investment income |
— | (1.79 | ) | (0.22 | ) | |||||||
| Capital gains |
— | — | (0.01 | ) | ||||||||
| Total dividends and distributions to shareholders |
— | (1.79 | ) | (0.23 | ) | |||||||
| Net asset value, end of period |
$ | 49.80 | $ | 64.01 | $ | 66.37 | ||||||
| TOTAL RETURN3 |
(22.20 | )% | (1.05 | )% | 33.83 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 234,081 | $ | 390,485 | $ | 278,743 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.58 | %4 | 0.58 | % | 0.58 | %4 | ||||||
| Expenses, prior to expense reimbursements/waivers |
0.58 | %4 | 0.58 | % | 0.60 | %4 | ||||||
| Net investment income |
7.23 | %4 | 3.28 | % | 2.30 | %4 | ||||||
| Portfolio turnover rate5 |
30 | % | 24 | % | 8 | % | ||||||
| 1 |
Commencement of investment operations. |
| 2 |
Based on average shares outstanding. |
| 3 |
Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Note 2). |
| 4 |
Annualized. |
| 5 |
Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| 124 | WisdomTree International Dividend Funds |
Table of Contents
Financial Highlights (continued)
WisdomTree International Dividend Funds
September 30, 2008
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree International MidCap Dividend Fund | For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
|||||||||
| Net asset value, beginning of period |
$ | 62.60 | $ | 67.56 | $ | 50.13 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
1.39 | 1.92 | 1.08 | |||||||||
| Net realized and unrealized gain (loss) |
(16.30 | ) | (4.95 | ) | 16.73 | |||||||
| Total from investment operations |
(14.91 | ) | (3.03 | ) | 17.81 | |||||||
| Dividends and distributions to shareholders: |
||||||||||||
| Net investment income |
— | (1.81 | ) | (0.38 | ) | |||||||
| Capital gains |
— | (0.12 | ) | — | ||||||||
| Total dividends and distributions to shareholders |
— | (1.93 | ) | (0.38 | ) | |||||||
| Net asset value, end of period |
$ | 47.69 | $ | 62.60 | $ | 67.56 | ||||||
| TOTAL RETURN3 |
(23.82 | )% | (4.61 | )% | 35.57 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 176,450 | $ | 219,104 | $ | 168,889 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.58 | %4 | 0.58 | % | 0.58 | %4 | ||||||
| Expenses, prior to expense reimbursements/waivers |
0.58 | %4 | 0.58 | % | 0.61 | %4 | ||||||
| Net investment income |
4.72 | %4 | 2.76 | % | 2.53 | %4 | ||||||
| Portfolio turnover rate5 |
18 | % | 18 | % | 44 | % | ||||||
| WisdomTree International SmallCap Dividend Fund | For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
|||||||||
| Net asset value, beginning of period |
$ | 61.11 | $ | 67.80 | $ | 50.35 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
1.42 | 1.86 | 1.43 | |||||||||
| Net realized and unrealized gain (loss) |
(17.51 | ) | (7.08 | ) | 16.28 | |||||||
| Total from investment operations |
(16.09 | ) | (5.22 | ) | 17.71 | |||||||
| Dividends and distributions to shareholders: |
||||||||||||
| Net investment income |
— | (1.41 | ) | (0.26 | ) | |||||||
| Capital gains |
— | (0.06 | ) | — | ||||||||
| Total dividends and distributions to shareholders |
— | (1.47 | ) | (0.26 | ) | |||||||
| Net asset value, end of period |
$ | 45.02 | $ | 61.11 | $ | 67.80 | ||||||
| TOTAL RETURN3 |
(26.33 | )% | (7.79 | )% | 35.21 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 382,631 | $ | 482,761 | $ | 298,315 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.58 | %4 | 0.58 | % | 0.58 | %4 | ||||||
| Expenses, prior to expense reimbursements/waivers |
0.58 | %4 | 0.58 | % | 0.60 | %4 | ||||||
| Net investment income |
4.99 | %4 | 2.71 | % | 3.33 | %4 | ||||||
| Portfolio turnover rate5 |
23 | % | 17 | % | 39 | % | ||||||
| 1 |
Commencement of investment operations. |
| 2 |
Based on average shares outstanding. |
| 3 |
Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Note 2). |
| 4 |
Annualized. |
| 5 |
Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 125 |
Table of Contents
Financial Highlights (continued)
WisdomTree International Dividend Funds
September 30, 2008
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree International Real Estate Fund | For the Six Months Ended September 30, 2008 (unaudited) |
For the Period June 5, 20071 through March 31, 2008 |
||||||
| Net asset value, beginning of period |
$ | 41.84 | $ | 51.89 | ||||
| Investment operations: |
||||||||
| Net investment income2 |
0.88 | 1.22 | ||||||
| Net realized and unrealized loss |
(13.62 | ) | (9.32 | ) | ||||
| Total from investment operations |
(12.74 | ) | (8.10 | ) | ||||
| Dividends to shareholders: |
||||||||
| Net investment income |
— | (1.95 | ) | |||||
| Total dividends to shareholders |
— | (1.95 | ) | |||||
| Net asset value, end of period |
$ | 29.10 | $ | 41.84 | ||||
| TOTAL RETURN3 |
(30.45 | )% | (15.90 | )% | ||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||
| Net assets, end of period (000’s omitted) |
$ | 90,221 | $ | 112,962 | ||||
| Ratio to average net assets of: |
||||||||
| Net expenses |
0.58 | %4 | 0.58 | %4 | ||||
| Net investment income |
4.59 | %4 | 3.17 | %4 | ||||
| Portfolio turnover rate5 |
23 | % | 15 | % | ||||
| WisdomTree Emerging Markets High-Yielding Equity Fund | For the Six Months Ended September 30, 2008 (unaudited) |
For the Period July 13, 20071 through March 31, 2008 |
||||||
| Net asset value, beginning of period |
$ | 51.82 | $ | 50.68 | ||||
| Investment operations: |
||||||||
| Net investment income2 |
1.80 | 1.12 | ||||||
| Net realized and unrealized gain (loss) |
(10.78 | ) | 0.51 | |||||
| Total from investment operations |
(8.98 | ) | 1.63 | |||||
| Dividends to shareholders: |
||||||||
| Net investment income |
— | (0.49 | ) | |||||
| Total dividends to shareholders |
— | (0.49 | ) | |||||
| Net asset value, end of period |
$ | 42.84 | $ | 51.82 | ||||
| TOTAL RETURN3 |
(17.33 | )% | 3.23 | % | ||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||
| Net assets, end of period (000’s omitted) |
$ | 205,625 | $ | 165,813 | ||||
| Ratio to average net assets of: |
||||||||
| Net expenses |
0.63 | %4 | 0.63 | %4 | ||||
| Net investment income |
6.88 | %4 | 3.18 | %4 | ||||
| Portfolio turnover rate5 |
52 | % | 3 | % | ||||
| 1 |
Commencement of investment operations. |
| 2 |
Based on average shares outstanding. |
| 3 |
Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
| 4 |
Annualized. |
| 5 |
Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| 126 | WisdomTree International Dividend Funds |
Table of Contents
Financial Highlights (concluded)
WisdomTree International Dividend Funds
September 30, 2008
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree Emerging Markets SmallCap Dividend Fund | For the Six Months Ended September 30, 2008 (unaudited) |
For the Period October 30, 20071 through March 31, 2008 |
||||||
| Net asset value, beginning of period |
$ | 43.95 | $ | 51.50 | ||||
| Investment operations: |
||||||||
| Net investment income2 |
1.34 | 0.37 | ||||||
| Net realized and unrealized loss |
(13.44 | ) | (7.87 | ) | ||||
| Total from investment operations |
(12.10 | ) | (7.50 | ) | ||||
| Dividends to shareholders: |
||||||||
| Net investment income |
— | (0.05 | ) | |||||
| Total dividends to shareholders |
— | (0.05 | ) | |||||
| Net asset value, end of period |
$ | 31.85 | $ | 43.95 | ||||
| TOTAL RETURN3 |
(27.53 | )% | (14.57 | )% | ||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||
| Net assets, end of period (000’s omitted) |
$ | 57,338 | $ | 52,742 | ||||
| Ratio to average net assets of: |
||||||||
| Net expenses |
0.63 | %4 | 0.63 | %4 | ||||
| Net investment income |
6.57 | %4 | 1.99 | %4 | ||||
| Portfolio turnover rate5 |
46 | % | 6 | % | ||||
| WisdomTree Middle East Dividend Fund | For the Period July 16, 20081 through September 30, 2008 (unaudited) |
|||
| Net asset value, beginning of period |
$ | 24.59 | ||
| Investment operations: |
||||
| Net investment income2 |
0.02 | |||
| Net realized and unrealized loss |
(4.42 | ) | ||
| Total from investment operations |
(4.40 | ) | ||
| Net asset value, end of period |
$ | 20.19 | ||
| TOTAL RETURN3 |
(17.89 | )% | ||
| RATIOS/SUPPLEMENTAL DATA: |
||||
| Net assets, end of period (000’s omitted) |
$ | 16,151 | ||
| Ratio to average net assets of: |
||||
| Net expenses |
0.88 | %4 | ||
| Net investment income |
0.65 | %4 | ||
| Portfolio turnover rate5 |
0 | % | ||
| 1 |
Commencement of investment operations. |
| 2 |
Based on average shares outstanding. |
| 3 |
Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
| 4 |
Annualized. |
| 5 |
Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 127 |
Table of Contents
1. ORGANIZATION
WisdomTree Trust (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Trust was established as a Delaware statutory trust pursuant to a Trust Instrument dated December 15, 2005. As of September 30, 2008, the Trust offered 49 investment funds (each a “Fund”, collectively, the “Funds”). The Funds described herein, commenced operations on June 16, 2006, with the exception of the International Real Estate Fund, Emerging Markets High-Yielding Equity Fund, Emerging Markets SmallCap Dividend Fund and Middle East Dividend Fund which commenced operations on June 5, 2007, July 13, 2007, October 30, 2007 and July 16, 2008, respectively.
These financial statements relate only to the WisdomTree DEFA Fund (“DEFA Fund”), WisdomTree DEFA High-Yielding Equity Fund (“DEFA High-Yielding Equity Fund”), WisdomTree Europe Total Dividend Fund (“Europe Total Dividend Fund”), WisdomTree Europe High-Yielding Equity Fund (“Europe High-Yielding Equity Fund”), WisdomTree Europe SmallCap Dividend Fund (“Europe SmallCap Dividend Fund”), WisdomTree Japan Total Dividend Fund (“Japan Total Dividend Fund”), WisdomTree Japan High-Yielding Equity Fund (“Japan High-Yielding Equity Fund”), WisdomTree Japan SmallCap Dividend Fund (“Japan SmallCap Dividend Fund”), WisdomTree Pacific ex-Japan Total Dividend Fund (“Pacific ex-Japan Total Dividend Fund”), WisdomTree Pacific ex-Japan High-Yielding Equity Fund (“Pacific ex-Japan High-Yielding Equity Fund”), WisdomTree International LargeCap Dividend Fund (“International LargeCap Dividend Fund”), WisdomTree International Dividend Top 100 Fund (“International Dividend Top 100 Fund”), WisdomTree International MidCap Dividend Fund (“International MidCap Dividend Fund”), WisdomTree International SmallCap Dividend Fund (“International SmallCap Dividend Fund”), WisdomTree International Real Estate Fund (“International Real Estate Fund”), WisdomTree Emerging Markets High-Yielding Equity Fund (“Emerging Markets High-Yielding Equity Fund”), WisdomTree Emerging Markets SmallCap Dividend Fund (“Emerging Markets SmallCap Dividend Fund”), and WisdomTree Middle East Dividend Fund (“Middle East Dividend Fund”), together the “International Dividend Funds”.
Each Fund seeks investment returns that closely correspond to the price and yield performance, before fees and expenses, of a particular index (“Index”) developed by WisdomTree Investments, Inc. (“WisdomTree Investments”). Each Fund described herein is considered to be non-diversified.
In the normal course of business the Funds may enter into contracts that contain a variety of representations or that provide indemnification for certain liabilities. The Funds’ maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Funds that have not yet occurred. However, the Funds have not had prior claims or losses pursuant to these contracts and expect the risk of loss to be remote.
The preparation of financial statements in conformity with U.S. Generally Accepted Accounting Principles (“U.S. GAAP”), requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in the net assets from operations during the reporting period. Actual results could differ from those estimates.
2. SIGNIFICANT ACCOUNTING POLICIES
(a) Investment Valuation — The Net Asset Value (“NAV”) of each Fund’s shares is calculated each day the national securities exchanges are open for trading as of the close of regular trading on the New York Stock Exchange, generally 4:00 p.m. New York time. NAV per share is calculated by dividing a Fund’s net assets by the number of Fund shares outstanding. Securities traded on any recognized U.S. or non-U.S. exchange are valued at the last sale price or official closing price on the exchange or system on which they are principally traded. Events occurring after the close of trading on non-U.S. exchanges may result in adjustments to the valuation of foreign securities to more accurately reflect their fair value as of the close of regular trading on the New York Stock Exchange. The Fund may rely on an independent fair valuation service in adjusting the valuations of foreign securities. Unlisted equity securities are valued at the last quoted sale price or, if no sale price is available, at the mean between the most recently quoted bid and asked prices. Securities for which market quotations are not readily available are valued at fair value as determined by management and in accordance with procedures approved by the Board of Trustees. Short-term securities with 60 days or less remaining to maturity are valued using the amortized cost method, which approximates current market value.
Effective April 1, 2008, the Funds adopted Financial Accounting Standards Board (“FASB”) Statement of Financial Accounting Standards No. 157 (“FAS 157”), “Fair Value Measurements.” This standard defines fair value, establishes a framework for measuring fair value in accordance with generally accepted accounting principles and expands disclosure about fair value measurements. Various inputs are used in determining the value of the Funds’ investments. These inputs are summarized in the three broad levels listed below.
Level 1 – quoted prices in active markets for identical securities
Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)
Level 3 – significant unobservable inputs (including each Fund’s assumption in determining the fair value of investments)
| 128 | WisdomTree International Dividend Funds |
Table of Contents
Notes to Financial Statements (continued)
Investments that use Level 2 or Level 3 inputs may include, but are not limited to: (i) an unlisted security related to corporate actions; (ii) a restricted security (e.g., one that may not be publicly sold without registration under the Securities Act of 1933, as amended); (iii) a security whose trading has been suspended or which has been de-listed from its primary trading exchange; (iv) a security that is thinly traded; (v) a security in default or bankruptcy proceedings for which there is no current market quotation; (vi) a security affected by currency controls or restrictions; and (vii) a security affected by a significant event (e.g., an event that occurs after the close of the markets on which the security is traded but before the time as of which a Fund’s net asset value is computed and that may materially affect the value of the Fund’s investments). Examples of events that may be “significant events” are government actions, natural disasters, armed conflict and acts of terrorism.
The inputs or methodology used for valuation are not necessarily an indication of the risk associated with investing in those investments.
The following is a summary of the inputs used as of September 30, 2008 in valuing each Fund’s assets carried at fair value:
| Fund | Level 1 – Quoted Prices Valuation Inputs |
Level 2 – Other Significant Observable Inputs |
Level 3 – Significant Unobservable Inputs |
Total | ||||||||
| DEFA Fund |
$ | 401,116,611 | $ | — | $ | — | $ | 401,116,611 | ||||
| DEFA High-Yielding Equity Fund |
151,198,104 | 12,843 | — | 151,210,947 | ||||||||
| Europe Total Dividend Fund |
33,378,906 | — | — | 33,378,906 | ||||||||
| Europe High-Yielding Equity Fund |
37,097,979 | — | — | 37,097,979 | ||||||||
| Europe SmallCap Dividend Fund |
23,145,597 | — | — | 23,145,597 | ||||||||
| Japan Total Dividend Fund |
28,600,957 | — | — | 28,600,957 | ||||||||
| Japan High-Yielding Equity Fund |
26,303,830 | — | — | 26,303,830 | ||||||||
| Japan SmallCap Dividend Fund |
69,682,904 | — | — | 69,682,904 | ||||||||
| Pacific ex-Japan Total Dividend Fund |
68,057,117 | 70,036 | — | 68,127,153 | ||||||||
| Pacific ex-Japan High-Yielding Equity Fund |
39,172,050 | 67,056 | — | 39,239,106 | ||||||||
| International LargeCap Dividend Fund |
126,165,260 | — | — | 126,165,260 | ||||||||
| International Dividend Top 100 Fund |
229,285,117 | — | — | 229,285,117 | ||||||||
| International MidCap Dividend Fund |
174,686,291 | — | — | 174,686,291 | ||||||||
| International SmallCap Dividend Fund |
378,486,557 | 438,097 | — | 378,924,654 | ||||||||
| International Real Estate Fund |
89,483,640 | — | — | 89,483,640 | ||||||||
| Emerging Markets High-Yielding Equity Fund |
202,917,916 | — | — | 202,917,916 | ||||||||
| Emerging Markets SmallCap Dividend Fund |
56,427,328 | — | — | 56,427,328 | ||||||||
| Middle East Dividend Fund |
16,086,005 | 14,160 | — | 16,100,165 | ||||||||
(b) Investment Transactions — Investment transactions are recorded as of the date that the securities are purchased or sold (trade date). Realized gains and losses on sales of portfolio securities are calculated using the identified-cost method.
(c) Foreign Currency Translation — The accounting records of the Funds are maintained in U.S. dollars. Foreign currencies, as well as investment securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars using exchange rates deemed appropriate by the investment adviser. Realized and unrealized foreign exchange gains or losses on investments are included as a component of net realized and unrealized gain or loss on foreign currency transactions in the Statements of Operations. Certain foreign exchange gains and losses included in realized and unrealized gains or losses are included in, or are a reduction of ordinary income in accordance with U.S. Federal income tax regulations.
(d) Investment Income — Dividend income is recognized on the ex-dividend date, net of any foreign taxes withheld. Interest income is accrued daily. The value of additional securities received as dividend payments is recorded as income and as an increase to the cost basis of such securities.
(e) Expenses/Reimbursements — WisdomTree Asset Management, Inc. (“WTAM”) has agreed to pay all expenses of the Funds (other than the Middle East Dividend Fund), except for: (i) brokerage expenses and other expenses (such as stamp taxes) connected with the execution of portfolio transactions or in connection with creation and redemption transactions; (ii) legal fees or expenses in connection with any arbitration, litigation or pending or threatened arbitration or litigation, including any settlements in connection therewith; (iii) compensation and expenses of each Independent Trustee; (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s chief compliance officer; (vi) extraordinary expenses; (vii) distribution fees and expenses paid by the Trust under any distribution plan adopted pursuant to Rule 12b-1 under the 1940 Act; and (viii) the advisory fee payable to WTAM.
| WisdomTree International Dividend Funds | 129 |
Table of Contents
Notes to Financial Statements (continued)
Pursuant to a separate contractual arrangement, WTAM has arranged for the provision of chief compliance officer (“CCO”) services to the Funds and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees, in exchange for a service fee paid by each Fund (other than the Middle East Dividend Fund), of up to 0.0044% of each Fund’s average daily net assets. WTAM has agreed to limit the total expenses of the Middle East Dividend Fund to 0.88% through March 31, 2009. Trustees fees, which are included in Service Fees on the Statements of Operations, of $171,869 have been paid on behalf of the Funds of the Trust to the Independent Trustees for the six month period ended September 30, 2008.
(f) Security Lending — Each Fund may lend portfolio securities to certain creditworthy borrowers, including the Funds’ securities lending agent. The loans are collateralized at all times by cash and/or high grade debt obligations in an amount at least equal to 102% of the market value of domestic securities loaned (105% in the case of foreign securities loaned) as determined at the close of business on the preceding business day. Each Fund receives compensation for lending its securities from interest or dividends earned on the cash or U.S. government securities held as collateral, net of fee rebates paid to the borrower plus reasonable administrative and custody fees. The dividend and interest income earned on the securities loaned is accounted for in the same manner as other dividend and interest income. The borrower pays to the Funds an amount equal to any dividends or interest received on loaned securities. The Funds retain all or a portion of the interest received on investment of cash collateral or receives a fee from the borrower. Lending portfolio securities could result in a loss or delay in recovering each Fund’s securities if the borrower defaults.
The securities lending income earned by the Funds is disclosed on the Statements of Operations.
(g) Tax Information and Dividends and Distributions to Shareholders — It is each Fund’s policy to comply with all requirements of the Internal Revenue Code of 1986, as amended (the “Code”). Each Fund intends to qualify for and to elect treatment as a separate Regulated Investment Company (“RIC”) under Subchapter M of the Code. It is the policy of each Fund to pay out dividends, if any, to investors at least annually. Taxable net realized gains from investment transactions, reduced by capital loss carryforwards, if any, are declared and distributed to shareholders at least annually. The capital loss carryforward amount, if any, is available to offset future net capital gains. The Funds may occasionally be required to make supplemental distributions at some other time during the year. The Trust reserves the right to declare special distributions if, in its reasonable discretion, such action is necessary or advisable to preserve the status of each Fund as a RIC or to avoid imposition of income or excise taxes on undistributed income. Dividends and distributions to shareholders are recorded on the ex-dividend date. The amount of dividends and distributions from net investment income and net realized capital gains are determined in accordance with Federal income tax regulations which may differ from U.S. GAAP. These book/tax differences are either considered temporary or permanent in nature. To the extent these differences are permanent in nature, such amounts are reclassified within the components of net assets based on their Federal tax basis treatment; temporary differences do not require reclassification. Dividends and distributions, which exceed earnings and profit for tax purposes, are reported as a tax return of capital.
The Funds adopted the provisions of Financial Accounting Standards Board (“FASB”) Interpretation No. 48, Accounting for Uncertainty in Income Taxes (“FIN 48”). This interpretation prescribes a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Foreign taxes are provided for based on each Fund’s understanding of the tax rules and rates that exist in the foreign markets in which it invests. Taxes are accrued and applied to net investment income, net realized capital gains and net unrealized appreciation, as applicable, as the income is earned or capital gains are recorded. If applicable, the Funds will recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in “Other” expenses on the Statements of Operations. Management has evaluated the application of FIN 48 to the Funds, and has determined that there is no impact resulting from the adoption of this interpretation on the Funds’ financial statements.
(h) Short-Term Investments — Each Fund may invest a portion of its assets in high-quality money market instruments on an ongoing basis to provide liquidity or for other reasons. The instruments in which a Fund may invest include short-term obligations issued by the U.S. Government, negotiable certificates of deposit (“CDs”), fixed time deposits and bankers’ acceptances of U.S. and foreign banks and similar institutions, commercial papers, repurchase agreements and money market funds. CDs are short-term negotiable obligations of commercial banks. Time deposits are non-negotiable deposits maintained in banking institutions for specified periods of time at stated interest rates. Banker’s acceptances are time drafts drawn on commercial banks by borrowers, usually in connection with international transactions.
| 130 | WisdomTree International Dividend Funds |
Table of Contents
Notes to Financial Statements (continued)
3. ADVISER FEES
Adviser Fees — As investment adviser, WTAM has overall responsibility for the general management and administration of the Trust. WTAM provides an investment program for each Fund. WTAM also arranges for sub-advisory, transfer agency, custody, fund administration, and all other non-distribution related services necessary for the Funds to operate. Under the Investment Advisory Agreement for each Fund (other than the Middle East Dividend Fund), WTAM agrees to pay all expenses of the Trust, except compensation and expenses of the Independent Trustees, counsel to the Independent Trustees and the Trust’s Chief Compliance Officer, interest expenses and taxes, brokerage expenses, and other expenses connected with the execution of portfolio transactions, any distribution fees or expenses, legal fees or expenses and extraordinary expenses. Pursuant to a separate contractual arrangement, WTAM arranges for the provision of chief compliance officer (“CCO”) services with respect to each Fund (other than the Middle East Dividend Fund), and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees. The fees paid to WTAM for providing advisory services are listed below.
| Fund | Fee Rate | ||
| DEFA Fund |
0.48 | % | |
| DEFA High-Yielding Equity Fund |
0.58 | % | |
| Europe Total Dividend Fund |
0.48 | % | |
| Europe High-Yielding Equity Fund |
0.58 | % | |
| Europe SmallCap Dividend Fund |
0.58 | % | |
| Japan Total Dividend Fund |
0.48 | % | |
| Japan High-Yielding Equity Fund |
0.58 | % | |
| Japan SmallCap Dividend Fund |
0.58 | % | |
| Pacific ex-Japan Total Dividend Fund |
0.48 | % | |
| Pacific ex-Japan High-Yielding Equity Fund |
0.58 | % | |
| International LargeCap Dividend Fund |
0.48 | % | |
| International Dividend Top 100 Fund |
0.58 | % | |
| International MidCap Dividend Fund |
0.58 | % | |
| International SmallCap Dividend Fund |
0.58 | % | |
| International Real Estate Fund |
0.58 | % | |
| Emerging Markets High-Yielding Equity Fund |
0.63 | % | |
| Emerging Markets SmallCap Dividend Fund |
0.63 | % | |
| Middle East Dividend Fund |
0.68 | % |
Each Fund may purchase shares of an affiliated exchange traded fund (s) in secondary market transactions. For the period ended September 30, 2008, there were no transactions in affiliated ETFs.
4. CAPITAL SHARE TRANSACTIONS
As of September 30, 2008, there was an unlimited number of $0.001 par value shares of beneficial interest authorized by the Trust. Shares are issued and redeemed by each Fund only in Creation Units or multiples thereof. Except when aggregated in Creation Units, shares of each Fund are not redeemable. Transactions in shares for each Fund are disclosed in detail in the Statements of Changes in Net Assets. The consideration for the purchase of Creation Units of a Fund generally consist of the in-kind contribution of a designated portfolio of equity securities constituting a portfolio sampling representation of the securities included in the relevant Fund’s underlying index and an amount of cash. The Middle East Dividend Fund issues and redeems shares on a cash basis only. Investors purchasing and redeeming Creation Units may be charged a purchase transaction fee and a redemption transaction fee to offset transfer and other transaction costs associated with the issuance and redemption of Creation Units.
| WisdomTree International Dividend Funds | 131 |
Table of Contents
Notes to Financial Statements (continued)
5. INVESTMENT PORTFOLIO TRANSACTIONS
Purchases and sales of investments (excluding in-kind purchases and redemptions and short-term investments) for the period ended September 30, 2008 were as follows:
| Fund | Purchases | Sales | ||||
| DEFA Fund |
$ | 85,156,219 | $ | 73,483,156 | ||
| DEFA High-Yielding Equity Fund |
52,446,524 | 46,410,555 | ||||
| Europe Total Dividend Fund |
8,900,058 | 7,709,264 | ||||
| Europe High-Yielding Equity Fund |
12,191,317 | 10,837,172 | ||||
| Europe SmallCap Dividend Fund |
14,762,671 | 14,225,843 | ||||
| Japan Total Dividend Fund |
1,792,652 | 1,614,223 | ||||
| Japan High-Yielding Equity Fund |
11,672,269 | 11,629,597 | ||||
| Japan SmallCap Dividend Fund |
8,874,046 | 8,239,466 | ||||
| Pacific ex-Japan Total Dividend Fund |
21,748,059 | 20,098,302 | ||||
| Pacific ex-Japan High-Yielding Equity Fund |
16,670,531 | 15,244,795 | ||||
| International LargeCap Dividend Fund |
26,542,181 | 24,127,963 | ||||
| International Dividend Top 100 Fund |
105,669,355 | 101,356,759 | ||||
| International MidCap Dividend Fund |
39,529,004 | 35,719,564 | ||||
| International SmallCap Dividend Fund |
117,933,593 | 107,634,191 | ||||
| International Real Estate Fund |
29,141,460 | 26,723,967 | ||||
| Emerging Markets High-Yielding Equity Fund |
166,006,721 | 106,420,716 | ||||
| Emerging Markets SmallCap Dividend Fund |
47,688,637 | 27,716,959 | ||||
| Middle East Dividend Fund |
18,770,399 | — | ||||
For the period ended September 30, 2008, the cost of in-kind purchases and the proceeds from in-kind redemptions were as follows:
| Fund | Purchases | Redemptions | ||||
| DEFA Fund |
$ | 93,562,942 | $ | 2,161,387 | ||
| DEFA High-Yielding Equity Fund |
26,367,709 | 66,238,430 | ||||
| Europe Total Dividend Fund |
238,412 | 243,480 | ||||
| Europe High-Yielding Equity Fund |
8,540,264 | 8,480,060 | ||||
| Europe SmallCap Dividend Fund |
5,049,089 | 13,695,542 | ||||
| Japan Total Dividend Fund |
4,657,175 | — | ||||
| Japan High-Yielding Equity Fund |
2,001,248 | 1,844,102 | ||||
| Japan SmallCap Dividend Fund |
13,293,720 | 5,100,088 | ||||
| Pacific ex-Japan Total Dividend Fund |
612,300 | 54,497,190 | ||||
| Pacific ex-Japan High-Yielding Equity Fund |
16,316,842 | 20,394,278 | ||||
| International LargeCap Dividend Fund |
5,910,631 | 326,884 | ||||
| International Dividend Top 100 Fund |
65,421,982 | 136,955,600 | ||||
| International MidCap Dividend Fund |
40,019,307 | 30,532,948 | ||||
| International SmallCap Dividend Fund |
86,103,953 | 49,179,918 | ||||
| International Real Estate Fund |
25,260,364 | 6,378,208 | ||||
| Emerging Markets High-Yielding Equity Fund |
46,808,065 | 14,055,440 | ||||
| Emerging Markets SmallCap Dividend Fund |
11,676,415 | 330,195 | ||||
| Middle East Dividend Fund |
— | — | ||||
Gains and losses on in-kind redemptions are not recognized at the Fund level for tax purposes.
| 132 | WisdomTree International Dividend Funds |
Table of Contents
Notes to Financial Statements (concluded)
6. FEDERAL INCOME TAXES
At September 30, 2008, the cost of investments (including securities on loan) for Federal income tax purposes was as follows:
| Fund | Tax Cost | Gross Unrealized Appreciation |
Gross Unrealized Depreciation |
Net Unrealized Depreciation |
||||||||||
| DEFA Fund |
$ | 536,324,449 | $ | 2,789,791 | $ | (137,997,629 | ) | $ | (135,207,838 | ) | ||||
| DEFA High-Yielding Equity Fund |
209,724,408 | 1,007,310 | (59,520,771 | ) | (58,513,461 | ) | ||||||||
| Europe Total Dividend Fund |
44,338,119 | 514,993 | (11,474,206 | ) | (10,959,213 | ) | ||||||||
| Europe High-Yielding Equity Fund |
49,687,562 | 71,078 | (12,660,661 | ) | (12,589,583 | ) | ||||||||
| Europe SmallCap Dividend Fund |
40,623,378 | 85,770 | (17,563,551 | ) | (17,477,781 | ) | ||||||||
| Japan Total Dividend Fund |
38,008,168 | 356,124 | (9,763,335 | ) | (9,407,211 | ) | ||||||||
| Japan High-Yielding Equity Fund |
33,610,936 | 137,719 | (7,444,825 | ) | (7,307,106 | ) | ||||||||
| Japan SmallCap Dividend Fund |
94,051,801 | 917,838 | (25,286,735 | ) | (24,368,897 | ) | ||||||||
| Pacific ex-Japan Total Dividend Fund |
97,431,837 | 874,461 | (30,179,145 | ) | (29,304,684 | ) | ||||||||
| Pacific ex-Japan High-Yielding Equity Fund |
56,402,598 | 7,947 | (17,171,439 | ) | (17,163,492 | ) | ||||||||
| International LargeCap Dividend Fund |
159,797,544 | 2,379,344 | (36,011,628 | ) | (33,632,284 | ) | ||||||||
| International Dividend Top 100 Fund |
329,359,699 | 783,759 | (100,858,341 | ) | (100,074,582 | ) | ||||||||
| International MidCap Dividend Fund |
254,885,837 | 1,356,624 | (81,556,170 | ) | (80,199,546 | ) | ||||||||
| International SmallCap Dividend Fund |
579,795,458 | 2,823,825 | (203,694,629 | ) | (200,870,804 | ) | ||||||||
| International Real Estate Fund |
139,705,384 | 13,308 | (50,235,052 | ) | (50,221,744 | ) | ||||||||
| Emerging Markets High-Yielding Equity Fund |
258,138,378 | 3,272,165 | (58,492,627 | ) | (55,220,462 | ) | ||||||||
| Emerging Markets SmallCap Dividend Fund |
78,794,966 | 295,556 | (22,663,194 | ) | (22,367,638 | ) | ||||||||
| Middle East Dividend Fund |
18,840,598 | 46,558 | (2,786,991 | ) | (2,740,433 | ) | ||||||||
7. NEW ACCOUNTING PRONOUNCEMENT
On March 19, 2008, the FASB released Statement of Financial Accounting Standards No. 161, Disclosures about Derivative Instruments and Hedging Activities (“FAS 161”). FAS 161 requires qualitative disclosures about objectives and strategies for using derivatives, quantitative disclosures about fair value amounts of gains and losses on derivative instruments, and disclosures about credit-risk-related contingent features in derivative agreements. The application of FAS 161 is required for fiscal years beginning after November 15, 2008 and interim periods within those fiscal years. At this time, management is evaluating the implications of FAS 161 and its impact on the financial statements has not yet been determined.
| WisdomTree International Dividend Funds | 133 |
Table of Contents
Approval of Investment Advisory and Sub-Advisory Agreement (unaudited)
The Board of Trustees of the Trust, including a majority of the Independent Trustees, has the responsibility under the 1940 Act to approve each Fund’s Investment Advisory Agreement and Sub-Advisory Agreement (collectively, the ‘‘Investment Advisory Agreements’’). In addition, the Trust’s Board of Trustees will receive, review and evaluate information concerning the services and personnel of the Investment Adviser and the Sub-Adviser at each quarterly meeting of the Board of Trustees. The process of evaluating the Investment Adviser and the Sub-Adviser and the Trust’s investment arrangements is an ongoing one. In this regard, the Board’s consideration of the nature, extent and quality of the services to be provided by the Investment Adviser and the Sub-Adviser under the Investment Advisory Agreements will include deliberations at future quarterly meetings.
The Trust and the Investment Adviser have entered into an investment advisory agreement covering each Fund discussed herein. The approval process for these Funds (other than the Middle East Dividend Fund) is discussed in the March 31, 2008 Annual Report. The Middle East Dividend Fund was not launched at that reporting time and was therefore not included in the Annual Report. At a meeting held on June 10, 2008, the Board of Trustees approved the Investment Advisory Agreement for the WisdomTree Middle East Dividend Fund. The Board reviewed and analyzed the factors it deemed relevant, including: (i) the nature, quality and extent of the services to be provided to the Fund by WTAM; (ii) the performance of the other Funds; (iii) the costs of services to be provided and the profits to be realized by WTAM from its relationship with the Fund; (iv) the extent to which economies of scale would be realized as the Fund grows; and (v) whether the fee levels reflect these economies of scale for the benefit of investors.
The Board also considered the nature and quality of the services to be provided by WTAM to the Fund, recognizing WTAM’s operational capabilities and resources. The Board also noted the extensive responsibilities that WTAM has as investment adviser to the Fund, including the selection of the Fund’s Sub-Adviser and oversight of the Sub-Adviser’s compliance with Fund policies and objectives, oversight of general Fund compliance with federal and state laws, and the implementation of Board directives as they relate to the Fund.
The Board gave consideration to the fees payable under the Advisory Agreement. In this connection, the Board evaluated WTAM’s anticipated costs and profitability in serving as investment adviser to the Fund, including the costs associated with the personnel, systems and equipment necessary to manage the Fund and the costs associated with compensating the Sub-Adviser. The Board also examined the fees to be paid by the Fund in light of fees paid to other investment managers by comparable funds and the method of computing the Fund’s fee. After comparing the fees with those of comparable funds and in light of the quality and extent of services to be provided and the costs anticipated to be incurred by WTAM, the Board concluded that the level of the fees paid to WTAM with respect to the Fund is fair and reasonable.
The Board also approved the Sub-Advisory Agreement with the Sub-Adviser to the Fund, Mellon Capital Management Corp. (“Mellon Capital”), using essentially the same criteria it used for WTAM. The Board considered Mellon Capital’s operational capabilities and resources and Mellon Capital’s experience in serving as an adviser to ETFs, noting that Mellon Capital currently provides investment advisory and management services to other ETFs. The Board considered the investment performance of the Fund, and the expertise and performance of the Mellon Capital personnel. The Board also noted that Bank of New York Mellon (“BNYM”), an affiliate of Mellon Capital, serves as the Fund’s administrator, accountant, custodian and transfer agent and receives compensation for acting in these capacities and is responsible for, among other things, coordinating the Fund’s audits, financial statements and tax returns, processing trades on behalf of the Fund and custodying Fund assets. As such, the Board concluded that the benefits accruing to Mellon Capital and its affiliates by virtue of their relationship to the Trust are reasonable and fair in comparison with the anticipated costs of providing the relevant services. The Board noted that WTAM, not the Fund, pays the fees to Mellon Capital under the Sub-Advisory Agreement.
Based on these considerations and the overall high quality of the personnel, operations, financial condition, investment advisory capabilities, methodologies, and performance of WTAM and Mellon Capital, the Board determined that the approval of the Advisory Agreement and the Sub-Advisory Agreement was in the best interests of the Fund. After full consideration of these and other factors, the Board, including a majority of the Independent Trustees, with the assistance of independent counsel, approved the Advisory Agreement and Sub-Advisory Agreement.
| 134 | WisdomTree International Dividend Funds |
Table of Contents
Proxy Voting Policies, Procedures and Record
A description of the policies and procedures that the Trust uses to determine how to vote proxies related to each Fund’s portfolio securities, and information on how the Trust voted proxies during the period ended June 30, 2008, is available without charge, upon request (i) by calling 1-866-909-WISE, (ii) on the Trust’s website at www.wisdomtree.com and (iii) on the Securities and Exchange Commission’s (“SEC”) website at www.sec.gov.
Shareholder Reports and Quarterly Portfolio Disclosure
The Funds are required to file their complete schedule of portfolio holdings with the SEC for their first and third fiscal quarters on Form N-Q. Copies of the filings are available, without charge, upon request on the SEC’s website at www.sec.gov, and are also available by calling the Trust at 1-866-909-WISE. You can also obtain copies of Form N-Q by (i) visiting the SEC’s Public Reference Room in Washington, DC (information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330). (ii) sending your request and a duplicating fee to the SEC’s Public Reference Room, Washington, DC 20549-0102 or (iii) sending your request electronically to publicinfosec.gov.
Information about each Fund’s portfolio holdings is available daily, without charge, at www.wisdomtree.com.
The Fund’s Statement of Additional Information (“SAI”) has additional information about the Funds’ Trustees and Officers and is available without charge upon request. Contact your financial representative for a free prospectus or SAI.
| WisdomTree International Dividend Funds | 135 |
Table of Contents
The WisdomTree® Family of Funds
The following is a list of WisdomTree Funds being offered, along with their respective ticker symbols as of September 30, 2008:
| WisdomTree Domestic Dividend Funds
WisdomTree Total Dividend Fund (DTD)
WisdomTree High-Yielding Equity Fund (DHS)
WisdomTree LargeCap Dividend Fund (DLN)
WisdomTree Dividend Top 100 Fund (DTN)
WisdomTree MidCap Dividend Fund (DON)
WisdomTree SmallCap Dividend Fund (DES)
WisdomTree International Dividend Funds
WisdomTree DEFA Fund (DWM)
WisdomTree DEFA High-Yielding Equity Fund (DTH)
WisdomTree Europe Total Dividend Fund (DEB)
WisdomTree Europe High-Yielding Equity Fund (DEW)
WisdomTree Europe SmallCap Dividend Fund (DFE)
WisdomTree Japan Total Dividend Fund (DXJ)
WisdomTree Japan High-Yielding Equity Fund (DNL)
WisdomTree Japan SmallCap Dividend Fund (DFJ)
WisdomTree Pacific ex-Japan Total Dividend Fund (DND)
WisdomTree Pacific ex-Japan High-Yielding Equity Fund (DNH)
WisdomTree International LargeCap Dividend Fund (DOL)
WisdomTree International Dividend Top 100 Fund (DOO)
WisdomTree International MidCap Dividend Fund (DIM)
WisdomTree International SmallCap Dividend Fund (DLS)
WisdomTree International Real Estate Fund (DRW)
WisdomTree Emerging Markets High-Yielding Equity Fund (DEM)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
WisdomTree Middle East Dividend Fund (GULF) |
WisdomTree International Dividend Sector Funds
WisdomTree International Basic Materials Sector Fund (DBN)
WisdomTree International Communications Sector Fund (DGG)
WisdomTree International Consumer Discretionary Sector Fund (DPC)
WisdomTree International Consumer Staples Sector Fund (DPN)
WisdomTree International Energy Sector Fund (DKA)
WisdomTree International Financial Sector Fund (DRF)
WisdomTree International Health Care Sector Fund (DBR)
WisdomTree International Industrial Sector Fund (DDI)
WisdomTree International Technology Sector Fund (DBT)
WisdomTree International Utilities Sector Fund (DBU)
WisdomTree Earnings Funds
WisdomTree Total Earnings Fund (EXT)
WisdomTree Earnings 500 Fund (EPS)
WisdomTree MidCap Earnings Fund (EZM)
WisdomTree SmallCap Earnings Fund (EES)
WisdomTree Earnings Top 100 Fund (EEZ)
WisdomTree Low P/E Fund (EZY)
WisdomTree India Earnings Fund (EPI)
WisdomTree Currency Income Funds
WisdomTree U.S. Current Income Fund (USY)
WisdomTree Dreyfus Brazilian Real Fund (BZF)
WisdomTree Dreyfus Chinese Yuan Fund (CYB)
WisdomTree Dreyfus Euro Fund (EU)
WisdomTree Dreyfus Indian Rupee Fund (ICN)
WisdomTree Dreyfus Japanese Yen Fund (JYF)
WisdomTree Dreyfus New Zealand Dollar Fund (BNZ)
WisdomTree Dreyfus South African Rand Fund (SZR) |
The WisdomTree Funds are exchange traded funds (“ETFs”) registered with the United States Securities and Exchange Commission (“SEC”) as series of WisdomTree Trust (“Trust”). WisdomTree Asset Management, Inc., a wholly owned subsidiary of WisdomTree Investments, Inc., serves as the investment adviser to the WisdomTree Trust. None of the WisdomTree entities are affiliated with ALPS Distributors, Inc., the Funds’ distributor. WisdomTree Investments, its affiliates and their independent providers are not liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein.
Investors should consider the investment objectives, risks, charges and expenses of the Funds carefully before investing. A prospectus, containing this and other information, is available at www.wisdomtree.com, or by calling 1-866-909-WISE (9473). Investors should read the prospectus carefully before investing. There are risks associated with investing, including possible loss of principal. Past performance does not guarantee future results. Indexes are unmanaged and you can not invest directly in an index.
There are risks associated with investing including possible loss of principal. In addition to the normal risks of investing, foreign investing involves special risks, such as risk of loss from currency fluctuation or political or economic uncertainty. Investments in real estate involve additional special risks, such as credit risk, interest rate fluctuations and the effect of varied economic conditions. Funds that focus their investments in one country increase the impact of events and developments associated with the region which can adversely affect performance. Funds focusing on a single country, sector and/or smaller companies generally experience greater price volatility. Investments in emerging or frontier markets are generally less liquid and less efficient than developed markets. Investments in currency involve additional special risks, such as credit risk, interest rate fluctuations, derivative investment risk and the effect of varied economic conditions. As these Funds can have a high concentration in some issuers the Funds can be adversely impacted by changes affecting issuers. Unlike typical exchange-traded funds, there are no indexes that the currency Funds attempt to track or replicate. Thus, the ability of the currency Funds to achieve their objectives will depend on the effectiveness of the portfolio manager. Please read the Funds’ prospectus for specific details regarding each Fund’s risk profile. Transaction in Fund shares will result in brokerage commissions and will generate tax consequences. Shares may be sold through brokerage accounts, but may be redeemed from the Funds only in large amounts of 50,000 shares or more.
Table of Contents
380 Madison Avenue, 21st Floor
New York, NY 11017
1.866.909.WISE (9473)
www.wisdomtree.com
WisdomTree International Dividend ETFs
WisdomTree DEFA Fund
WisdomTree DEFA High-Yielding Equity Fund
WisdomTree Europe Total Dividend Fund
WisdomTree Europe High-Yielding Equity Fund
WisdomTree Europe SmallCap Dividend Fund
WisdomTree Japan Total Dividend Fund
WisdomTree Japan High-Yielding Equity Fund
WisdomTree Japan SmallCap Dividend Fund
WisdomTree Pacific ex-Japan Total Dividend Fund
WisdomTree Pacific ex-Japan High-Yielding Equity Fund
WisdomTree International LargeCap Dividend Fund
WisdomTree International Dividend Top 100 Fund
WisdomTree International MidCap Dividend Fund
WisdomTree International SmallCap Dividend Fund
WisdomTree International Real Estate Fund
WisdomTree Emerging Markets High-Yielding Equity Fund
WisdomTree Emerging Markets SmallCap Dividend Fund
WisdomTree Middle East Dividend Fund
WisdomTree Fund shares are distributed by ALPS Distributors, Inc.
WIS001464 (11/2009)
Table of Contents
WisdomTree Trust
International Dividend Sector Funds
Semi-Annual Report
September 30, 2008
WisdomTree International Basic Materials Sector Fund
WisdomTree International Communications Sector Fund
WisdomTree International Consumer Discretionary Sector Fund
WisdomTree International Consumer Staples Sector Fund
WisdomTree International Energy Sector Fund
WisdomTree International Financial Sector Fund
WisdomTree International Health Care Sector Fund
WisdomTree International Industrial Sector Fund
WisdomTree International Technology Sector Fund
WisdomTree International Utilities Sector Fund
Table of Contents
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| 11 | ||
| Schedules of Investments | ||
| 13 | ||
| 16 | ||
| 17 | ||
| 21 | ||
| 24 | ||
| 25 | ||
| 29 | ||
| 31 | ||
| 36 | ||
| 38 | ||
| 39 | ||
| 41 | ||
| 43 | ||
| 47 | ||
| 52 | ||
| 57 |
“WisdomTree”, is a registered mark of WisdomTree Investments, Inc. and is licensed for use by the Trust.
Table of Contents
Performance Summary (unaudited)
WisdomTree International Basic Materials Sector Fund
Industry Breakdown† as of 9/30/08
| † | The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| BASF AG |
8.3% | |
| BHP Billiton Ltd. |
7.0% | |
| Bayer AG |
6.1% | |
| Air Liquide S.A. |
3.8% | |
| Lafarge S.A. |
3.8% | |
| Anglo American PLC |
3.6% | |
| BHP Billiton PLC |
3.4% | |
| Rio Tinto PLC |
3.3% | |
| Holcim Ltd. |
3.0% | |
| UPM-Kymmene Oyj |
2.3% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International Basic Materials Sector Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International Basic Materials Sector Index. The Fund is adding the performance of the S&P Citigroup BMI World ex-U.S. Materials Sector Index because the Fund believes this newly available index, since it does not include exposure to U.S. securities, is a more appropriate benchmark for the Fund. The S&P Global 1200 Materials Sector Index will be removed after the next Annual Report.
The WisdomTree International Basic Materials Sector Fund (DBN) returned -27.95% at net asset value (“NAV”) for the six month period ended September 30, 2008. Australia contributed the most to the decline, returning -35.03% over the period with an average weight of 21.81%. Norway contributed the least to the decline returning -40.15%, with an average weight of 0.80% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.58%.
Performance as of 9/30/08
| Average Annual Total Return | |||||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree International Basic Materials Sector Index |
S&P Global 1200 Materials Sector Index |
S&P/ Citigroup BMI World ex-U.S. Materials Sector Index |
|||||||||||
| Six Months* |
(27.95 | )% | (26.88 | )% | (27.69 | )% | (28.86 | )% | (31.52 | )% | |||||
| One Year |
(33.99 | )% | (32.68 | )% | (33.58 | )% | (31.26 | )% | (35.28 | )% | |||||
| Since Inception1 |
1.27 | % | 2.04 | % | 2.35 | % | 3.77 | % | 0.46 | % | |||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on October 13, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree International Dividend Sector Funds | 1 |
Table of Contents
Performance Summary (unaudited)
WisdomTree International Communications Sector Fund
Industry Breakdown† as of 9/30/08
| † | The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| France Telecom S.A. |
8.4% | |
| Deutsche Telekom AG |
7.5% | |
| Telefonica, S.A. |
7.0% | |
| Vodafone Group PLC |
6.9% | |
| Telstra Corp. Ltd. |
5.9% | |
| China Mobile Ltd. |
5.6% | |
| NTT DoCoMo, Inc. |
5.2% | |
| Singapore Telecommunications Ltd. |
4.5% | |
| BT Group PLC |
4.0% | |
| Nippon Telegraph & Telephone Corp. |
3.9% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International Communications Sector Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International Communications Sector Index. The Fund is adding the performance of the S&P Citigroup BMI World ex-U.S. Telecommunication Services Sector Index because the Fund believes this newly available index, since it does not include exposure to U.S. securities, is a more appropriate benchmark for the Fund. The S&P Global 1200 Telecommunications Services Sector Index will be removed after the next Annual Report.
The WisdomTree International Communications Sector Fund (DGG) returned -19.53% at net asset value (“NAV”) for the six month period ended September 30, 2008. The United Kingdom contributed the most to the decline, returning -24.00% over the period with an average weight of 16.09%. The Fund benefitted most from France which returned 0.98%, with an average weight of 7.88% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.58%.
Performance as of 9/30/08
| Average Annual Total Return | |||||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree International Communications Sector Index |
S&P Global 1200 Telecommunications Services Sector Index |
S&P/ Citigroup BMI World ex-U.S. Telecommunication Services Sector Index |
|||||||||||
| Six Months* |
(19.53 | )% | (18.96 | )% | (18.86 | )% | (17.18 | )% | (16.11 | )% | |||||
| One Year |
(28.35 | )% | (28.33 | )% | (27.85 | )% | (26.57 | )% | (24.68 | )% | |||||
| Since Inception1 |
(0.26 | )% | (0.42 | )% | 0.67 | % | (0.05 | )% | 1.24 | % | |||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on October 13, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 2 | WisdomTree International Dividend Sector Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree International Consumer Discretionary Sector Fund
Industry Breakdown† as of 9/30/08
| † | The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| Toyota Motor Corp. |
7.7% | |
| Vivendi |
4.9% | |
| Daimler AG |
4.4% | |
| Renault S.A. |
3.2% | |
| Hennes & Mauritz AB Class B |
2.7% | |
| Nissan Motor Co., Ltd. |
2.6% | |
| Honda Motor Co., Ltd. |
2.5% | |
| LVMH Moet Hennessy Louis Vuitton S.A. |
2.4% | |
| Volkswagen AG |
2.2% | |
| Inditex S.A. |
1.6% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International Consumer Discretionary Sector Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International Consumer Discretionary Sector Index. The Fund is adding the performance of the S&P Citigroup BMI World ex-U.S. Consumer Discretionary Sector Index because the Fund believes this newly available index, since it does not include exposure to U.S. securities, is a more appropriate benchmark for the Fund. The S&P Global 1200 Consumer Discretionary Sector Index will be removed after the next Annual Report.
The WisdomTree International Consumer Discretionary Sector Fund (DPC) returned -26.24% at net asset value (“NAV”) for the six month period ended September 30, 2008. The United Kingdom contributed the most to the decline, returning -35.61% over the period with an average weight of 14.19%. Denmark contributed the least to the decline returning -39.93%, with an average weight of 0.05% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.58%.
Performance as of 9/30/08
| Average Annual Total Return | |||||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree International Consumer Discretionary Sector Index |
S&P Global 1200 Consumer Discretionary Sector Index |
S&P/ Citigroup BMI World ex-U.S. Consumer Discretionary Sector Index |
|||||||||||
| Six Months* |
(26.24 | )% | (25.94 | )% | (25.95 | )% | (15.79 | )% | (23.98 | )% | |||||
| One Year |
(36.80 | )% | (36.06 | )% | (36.48 | )% | (27.83 | )% | (34.20 | )% | |||||
| Since Inception1 |
(11.11 | )% | (10.96 | )% | (11.25 | )% | (10.57 | )% | (11.76 | )% | |||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on October 13, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree International Dividend Sector Funds | 3 |
Table of Contents
Performance Summary (unaudited)
WisdomTree International Consumer Staples Sector Fund
Industry Breakdown† as of 9/30/08
| † | The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| Nestle S.A |
10.8% | |
| British American Tobacco PLC |
7.2% | |
| Unilever N.V. CVA |
4.9% | |
| InBev N.V. |
4.7% | |
| Tesco PLC |
4.6% | |
| Diageo PLC |
4.4% | |
| L’Oreal S.A. |
3.9% | |
| Unilever PLC |
3.5% | |
| Woolworths Ltd. |
3.3% | |
| Imperial Tobacco Group PLC |
3.2% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International Consumer Staples Sector Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International Consumer Staples Sector Index. The Fund is adding the performance of the S&P Citigroup BMI World ex-U.S. Consumer Staples Sector Index because the Fund believes this newly available index, since it does not include exposure to U.S. securities, is a more appropriate benchmark for the Fund. The S&P Global 1200 Consumer Staples Sector Index will be removed after the next Annual Report.
The WisdomTree International Consumer Staples Sector Fund (DPN) returned -17.24% at net asset value (“NAV”) for the six month period ended September 30, 2008. France contributed the most to the decline, returning -26.13% over the period with an average weight of 14.12%. Hong Kong contributed the least to the decline returning -13.84%, with an average weight of 0.04% the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.58%.
Performance as of 9/30/08
| Average Annual Total Return | |||||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree International Consumer Staples Sector Index |
S&P Global 1200 Consumer Staples Sector Index |
S&P/ Citigroup BMI World ex-U.S. Consumer Staples Sector Index |
|||||||||||
| Six Months* |
(17.24 | )% | (15.43 | )% | (17.06 | )% | (7.74 | )% | (17.18 | )% | |||||
| One Year |
(20.62 | )% | (20.15 | )% | (20.45 | )% | (6.43 | )% | (16.50 | )% | |||||
| Since Inception1 |
(2.59 | )% | (2.09 | )% | (3.05 | )% | 6.59 | % | 3.62 | % | |||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on October 13, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 4 | WisdomTree International Dividend Sector Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree International Energy Sector Fund
Industry Breakdown† as of 9/30/08
| † | The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| TOTAL S.A. |
7.8% | |
| BP PLC |
7.7% | |
| Eni SpA |
6.9% | |
| Royal Dutch Shell PLC Class A |
6.7% | |
| Royal Dutch Shell PLC Class B |
6.2% | |
| Statoil ASA |
5.0% | |
| Repsol YPF, S.A. |
4.3% | |
| CNOOC Ltd. |
3.9% | |
| BG Group PLC |
3.0% | |
| Woodside Petroleum Ltd. |
3.0% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International Energy Sector Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International Energy Sector Index. The Fund is adding the performance of the S&P Citigroup BMI World ex-U.S. Energy Sector Index because the Fund believes this newly available index, since it does not include exposure to U.S. securities, is a more appropriate benchmark for the Fund. The S&P Global 1200 Energy Sector Index will be removed after the next Annual Report.
The WisdomTree International Energy Sector Fund (DKA) returned -17.54% at net asset value (“NAV”) for the six month period ended September 30, 2008. The United Kingdom contributed the most to the decline, returning -15.17% over the period with an average weight of 22.48%. The Fund benefitted most by Australia which returned 0.98%, with an average weight of 12.88% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.58%.
Performance as of 9/30/08
| Average Annual Total Return | |||||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree International Energy Sector Index |
S&P Global 1200 Energy Sector Index |
S&P/ Citigroup BMI World ex-U.S. Energy Sector Index |
|||||||||||
| Six Months* |
(17.54 | )% | (14.85 | )% | (17.29 | )% | (13.36 | )% | (17.35 | )% | |||||
| One Year |
(23.65 | )% | (21.41 | )% | (23.29 | )% | (16.93 | )% | (21.76 | )% | |||||
| Since Inception1 |
2.75 | % | 3.80 | % | 3.05 | % | 6.77 | % | 1.66 | % | |||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on October 13, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree International Dividend Sector Funds | 5 |
Table of Contents
Performance Summary (unaudited)
WisdomTree International Financial Sector Fund
Industry Breakdown† as of 9/30/08
| † | The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| HSBC Holdings PLC |
8.3% | |
| BNP Paribas |
4.2% | |
| Intesa Sanpaolo SpA |
4.1% | |
| AXA S.A. |
3.4% | |
| Banco Santander S.A. |
3.4% | |
| Barclays PLC |
3.2% | |
| Commonwealth Bank of Australia |
2.8% | |
| Credit Agricole S.A. |
2.5% | |
| Banco Bilbao Vizcaya Argentaria S.A. |
2.3% | |
| National Australia Bank Ltd. |
2.2% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International Financial Sector Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International Financial Sector Index. The Fund is adding the performance of the S&P Citigroup BMI World ex-U.S. Financial Sector because the Fund believes this newly available index, since it does not include exposure to U.S. securities, is a more appropriate benchmark for the Fund. The S&P Global 1200 Financial Sector Index will be removed after the next Annual Report.
The WisdomTree International Financial Sector Fund (DRF) returned -25.61% at net asset value (“NAV”) for the six month period ended September 30, 2008. The United Kingdom contributed the most to the decline, returning -24.24% over the period with an average weight of 21.08%. New Zealand contributed the least to the decline returning -9.43%, with an average weight of 0.01% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.58%.
Performance as of 9/30/08
| Average Annual Total Return | |||||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree International Financial Sector Index |
S&P Global 1200 Financial Sector Index |
S&P/ Citigroup BMI World ex-U.S. Financial Sector Index |
|||||||||||
| Six Months* |
(25.61 | )% | (20.71 | )% | (25.27 | )% | (20.39 | )% | (23.93 | )% | |||||
| One Year |
(35.57 | )% | (32.45 | )% | (34.88 | )% | (35.85 | )% | (35.18 | )% | |||||
| Since Inception1 |
(14.43 | )% | (12.35 | )% | (13.82 | )% | (17.50 | )% | (14.93 | )% | |||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on October 13, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 6 | WisdomTree International Dividend Sector Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree International Health Care Sector Fund
Industry Breakdown† as of 9/30/08
| † | The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| GlaxoSmithKline PLC |
10.0% | |
| Sanofi-Aventis |
9.7% | |
| Novartis AG |
8.4% | |
| AstraZeneca PLC |
8.0% | |
| Roche Holding AG |
7.1% | |
| Takeda Pharmaceutical Co., Ltd. |
4.6% | |
| Astellas Pharma, Inc |
2.4% | |
| Daiichi Sankyo Co., Ltd |
2.2% | |
| Eisai Co., Ltd. |
2.1% | |
| Novo-Nordisk A/S Class B |
2.0% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International Health Care Sector Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International Health Care Sector Index. The Fund is adding the performance of the S&P Citigroup BMI World ex-U.S. Health Care Sector Index because the Fund believes this newly available index, since it does not include exposure to U.S. securities, is a more appropriate benchmark for the Fund. The S&P Global 1200 Health Care Sector Index will be removed after the next Annual Report.
The WisdomTree International Health Care Sector Fund (DBR) returned -8.08% at net asset value (“NAV”) for the six month period ended September 30, 2008. Switzerland contributed the most to the decline, returning -10.21% over the period with an average weight of 18.18%. The Fund benefitted most by the United Kingdom which returned 2.81%, with an average weight of 19.28% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.58%.
Performance as of 9/30/08
| Average Annual Total Return | |||||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree International Health Care Sector Index |
S&P Global 1200 Health Care Sector Index |
S&P/ Citigroup BMI World ex-U.S. Health Care Sector Index |
|||||||||||
| Six Months* |
(8.08 | )% | (5.88 | )% | (7.70 | )% | (2.71 | )% | (8.44 | )% | |||||
| One Year |
(15.35 | )% | (14.70 | )% | (15.00 | )% | (12.97 | )% | (15.33 | )% | |||||
| Since Inception1 |
(2.75 | )% | (2.12 | )% | (2.31 | )% | (3.46 | )% | (3.15 | )% | |||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on October 13, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree International Dividend Sector Funds | 7 |
Table of Contents
Performance Summary (unaudited)
WisdomTree International Industrial Sector Fund
Industry Breakdown† as of 9/30/08
| † | The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| Siemens AG |
4.0% | |
| Deutsche Post AG |
2.6% | |
| Cie de Saint-Gobain S.A. |
2.6% | |
| Schneider Electric S.A. |
2.5% | |
| VINCI S.A. |
2.4% | |
| Wesfarmers Ltd. |
2.3% | |
| AB Volvo Class B |
1.9% | |
| BAE Systems PLC |
1.9% | |
| Koninklijke Philips Electronics N.V. |
1.8% | |
| Bouygues S.A. |
1.5% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International Industrial Sector Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International Industrial Sector Index. The Fund is adding the performance of the S&P Citigroup BMI World ex-U.S. Industrial Sector Index because the Fund believes this newly available index, since it does not include exposure to U.S. securities, is a more appropriate benchmark for the Fund. The S&P Global 1200 Industrial Sector Index will be removed after the next Annual Report.
The WisdomTree International Industrial Sector (DDI) returned -27.27% at net asset value (“NAV”) for the six month period ended September 30, 2008. France contributed the most to the decline, returning -29.27% over the period with an average weight of 15.54%. Portugal contributed the least to the decline returning -33.47%, with an average weight of 0.35% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.58%.
Performance as of 9/30/08
| Average Annual Total Return | |||||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree International Industrial Sector Index |
S&P Global 1200 Industrial Sector Index |
S&P/ Citigroup BMI World ex-U.S. Industrial Sector Index |
|||||||||||
| Six Months* |
(27.27 | )% | (25.22 | )% | (26.96 | )% | (21.62 | )% | (26.73 | )% | |||||
| One Year |
(34.62 | )% | (33.28 | )% | (34.07 | )% | (29.24 | )% | (35.45 | )% | |||||
| Since Inception1 |
(6.28 | )% | (5.46 | )% | (6.51 | )% | (4.72 | )% | (4.80 | )% | |||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on October 13, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 8 | WisdomTree International Dividend Sector Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree International Technology Sector Fund
Industry Breakdown† as of 9/30/08
| † | The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| Nokia Oyj |
18.9% | |
| Canon, Inc. |
7.8% | |
| Telefonaktiebolaget LM Ericsson Class B |
7.5% | |
| SAP AG |
6.3% | |
| Panasonic Corp. |
6.2% | |
| Oracle Corp. Japan |
2.2% | |
| CapGemini S.A. |
1.9% | |
| HOYA Corp. |
1.7% | |
| Neopost S.A. |
1.7% | |
| Ricoh Co., Ltd. |
1.7% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International Technology Sector Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International Technology Sector Index. The Fund is adding the performance of the S&P Citigroup BMI World ex-U.S. Informational Technology Sector Index because the Fund believes this newly available index, since it does not include exposure to U.S. securities, is a more appropriate benchmark for the Fund. The S&P Global 1200 Informational Technology Sector Index will be removed after the next Annual Report.
The WisdomTree International Technology Sector Fund (DBT) returned -21.37% at net asset value (“NAV”) for the six month period ended September 30, 2008. Japan contributed the most to the decline, returning -22.28% over the period with an average weight of 42.52%. Germany contributed the least to the decline returning -5.17%, with an average weight of 14.04% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.58%.
Performance as of 9/30/08
| Average Annual Total Return | |||||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree International Technology Sector Index |
S&P Global 1200 Informational Technology Sector Index |
S&P/ Citigroup BMI World ex-U.S. Informational Technology Sector Index |
|||||||||||
| Six Months* |
(21.37 | )% | (20.00 | )% | (21.01 | )% | (13.91 | )% | (24.22 | )% | |||||
| One Year |
(33.12 | )% | (32.12 | )% | (32.49 | )% | (26.89 | )% | (36.20 | )% | |||||
| Since Inception1 |
(14.17 | )% | (13.87 | )% | (13.62 | )% | (6.57 | )% | (12.77 | )% | |||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on October 13, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree International Dividend Sector Funds | 9 |
Table of Contents
Performance Summary (unaudited)
WisdomTree International Utilities Sector Fund
Industry Breakdown† as of 9/30/08
| † | The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time. |
Top Ten Holdings* as of 9/30/08
| Description | % of Net Assets | |
| Gaz de France S.A. |
11.6% | |
| Enel SpA |
9.8% | |
| Electricite de France |
9.3% | |
| E.ON AG |
8.4% | |
| RWE AG |
5.1% | |
| National Grid PLC |
4.6% | |
| IBERDROLA S.A. |
4.1% | |
| Endesa S.A. |
3.2% | |
| Scottish & Southern Energy PLC |
2.7% | |
| Centrica PLC |
2.5% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International Utilities Sector Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International Utilities Sector Index. The Fund is adding the performance of the S&P Citigroup BMI World ex-U.S. Utilities Sector Index because the Fund believes this newly available index, since it does not include exposure to U.S. securities, is a more appropriate benchmark for the Fund. The S&P Global 1200 Utilities Sector Index will be removed after the next Annual Report.
The WisdomTree International Utilities Sector Fund (DBU) returned -16.80% at net asset value (“NAV”) for the six month period ended September 30, 2008. France contributed the most to the decline, returning -16.67% over the period with an average weight of 22.64%. Finland contributed the least to the decline returning -14.70%, with an average weight of 2.66% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for fund shares and investors assessments of the underlying value of a fund’s portfolio securities.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. The annual expense ratio of the Fund during the period was 0.58%.
Performance as of 9/30/08
| Average Annual Total Return | |||||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree International Utilities Sector Index |
S&P Global 1200 Utilities Sector Index |
S&P/ Citigroup BMI World ex-U.S. Utilities Sector Index |
|||||||||||
| Six Months* |
(16.80 | )% | (16.67 | )% | (17.27 | )% | (14.07 | )% | (16.61 | )% | |||||
| One Year |
(16.24 | )% | (16.03 | )% | (16.43 | )% | (15.29 | )% | (16.15 | )% | |||||
| Since Inception1 |
5.02 | % | 4.80 | % | 5.73 | % | 4.25 | % | 5.16 | % | |||||
| * | Returns of less than one year are cumulative. |
| 1 |
Total returns are calculated beginning on the commencement of Fund trading on the NYSE on October 13, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 10 | WisdomTree International Dividend Sector Funds |
Table of Contents
Shareholder Expense Examples (unaudited)
As a shareholder of a WisdomTree Fund, you incur two types of costs: (1) transaction costs, including brokerage commissions on purchases and sales of your Fund shares and (2) ongoing costs, including management fees and other Fund expenses. The following example is intended to help you understand your ongoing costs (in dollars and cents) of investing in a Fund and to compare these costs with the ongoing costs of investing in other funds.
The example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period from April 1, 2008 to September 30, 2008.
Actual expenses
The first line under each Fund in the table on the next page provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line for your Fund under the heading entitled “Expenses Paid During Period 4/01/08 to 9/30/08” to estimate the expenses you paid on your account during this period.
Hypothetical example for comparison purposes
The second line under each Fund in the table on the next page provides information about hypothetical account values and hypothetical expenses based on each Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in your Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as brokerage commissions paid on purchases and sales of Fund shares. Therefore, the second line under each Fund in the table is useful in comparing ongoing Fund costs only and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.
| WisdomTree International Dividend Sector Funds | 11 |
Table of Contents
Shareholder Expense Examples (unaudited) (concluded)
| Beginning Account Value 4/01/08 |
Ending Account Value 9/30/08 |
Annualized Expense Ratio Based on the Period 4/01/08 to 9/30/08 |
Expenses Paid During the Period† 4/01/08 to 9/30/08 | |||||||||
| WisdomTree International Basic Materials Sector Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 720.52 | 0.58 | % | $ | 2.50 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.16 | 0.58 | % | $ | 2.94 | ||||
| WisdomTree International Communications Sector Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 804.73 | 0.58 | % | $ | 2.62 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.16 | 0.58 | % | $ | 2.94 | ||||
| WisdomTree International Consumer Discretionary Sector Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 737.56 | 0.58 | % | $ | 2.53 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.16 | 0.58 | % | $ | 2.94 | ||||
| WisdomTree International Consumer Staples Sector Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 827.58 | 0.58 | % | $ | 2.66 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.16 | 0.58 | % | $ | 2.94 | ||||
| WisdomTree International Energy Sector Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 824.58 | 0.58 | % | $ | 2.65 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.16 | 0.58 | % | $ | 2.94 | ||||
| WisdomTree International Financial Sector Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 743.92 | 0.58 | % | $ | 2.54 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.16 | 0.58 | % | $ | 2.94 | ||||
| WisdomTree International Health Care Sector Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 919.22 | 0.58 | % | $ | 2.79 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.16 | 0.58 | % | $ | 2.94 | ||||
| WisdomTree International Industrial Sector Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 727.28 | 0.58 | % | $ | 2.51 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.16 | 0.58 | % | $ | 2.94 | ||||
| WisdomTree International Technology Sector Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 786.26 | 0.58 | % | $ | 2.60 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.16 | 0.58 | % | $ | 2.94 | ||||
| WisdomTree International Utilities Sector Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 831.96 | 0.58 | % | $ | 2.66 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.16 | 0.58 | % | $ | 2.94 | ||||
| † | Expenses are calculated using each Fund’s annualized expense ratio, multiplied by the average account value for the period, multiplied by 183/365 (to reflect one-half year period). |
| 12 | WisdomTree International Dividend Sector Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International Basic Materials Sector Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.2% | |||||
| Australia – 16.6% | |||||
| Adelaide Brighton Ltd. |
63,597 | $ | 155,011 | ||
| Aditya Birla Minerals Ltd. |
25,652 | 23,472 | |||
| Alumina Ltd. |
176,877 | 428,328 | |||
| BHP Billiton Ltd. |
147,959 | 3,618,014 | |||
| BlueScope Steel Ltd. |
91,026 | 525,586 | |||
| Boral Ltd. |
105,928 | 511,363 | |||
| Brickworks Ltd. |
13,847 | 130,306 | |||
| Energy Resources of Australia Ltd. |
5,229 | 70,119 | |||
| Felix Resources Ltd. |
1,705 | 22,836 | |||
| GRD Ltd. |
30,155 | 15,699 | |||
| Great Southern Plantations Ltd. |
124,897 | 40,885 | |||
| Gunns Ltd. |
65,797 | 59,945 | |||
| Incitec Pivot Ltd.* |
64,000 | 255,950 | |||
| Independence Group NL |
8,662 | 18,243 | |||
| Kagara Ltd. |
16,680 | 36,445 | |||
| Macmahon Holdings Ltd. |
37,608 | 47,761 | |||
| Minara Resources Ltd. |
170,044 | 218,633 | |||
| Mincor Resources NL |
23,542 | 23,212 | |||
| Newcrest Mining Ltd. |
1,712 | 37,312 | |||
| Nufarm Ltd. |
10,168 | 121,511 | |||
| OneSteel Ltd. |
64,990 | 235,815 | |||
| Orica Ltd. |
23,193 | 383,273 | |||
| Oxiana Ltd. |
127,057 | 160,857 | |||
| Panoramic Resources Ltd. |
24,640 | 28,571 | |||
| PaperlinX Ltd. |
46,506 | 64,197 | |||
| Rio Tinto Ltd. |
15,558 | 1,036,997 | |||
| Sims Group Ltd. |
13,247 | 311,387 | |||
| Straits Resources Ltd. |
3,782 | 7,249 | |||
| Total Australia | 8,588,977 | ||||
| Austria – 0.6% | |||||
| voestalpine AG |
9,749 | 297,843 | |||
| Belgium – 1.9% | |||||
| Nyrstar |
6,991 | 41,735 | |||
| Solvay S.A. |
5,759 | 698,114 | |||
| Tessenderlo Chemie N.V. |
2,173 | 107,136 | |||
| Umicore |
5,189 | 157,327 | |||
| Total Belgium | 1,004,312 | ||||
| Denmark – 0.1% | |||||
| Auriga Industries Class B |
1,149 | 28,661 | |||
| Rockwool International AS Class B |
410 | 34,348 | |||
| Total Denmark | 63,009 | ||||
| Finland – 5.9% | |||||
| Ahlstrom Oyj |
6,808 | 123,649 | |||
| Kemira Oyj |
15,412 | 179,682 | |||
| M-real Oyj Class B |
24,567 | 43,480 | |||
| Outokumpu Oyj |
18,743 | 291,181 | |||
| Rautaruukki Oyj |
16,447 | 321,584 | |||
| Stora Enso Oyj Class R |
96,168 | 922,613 | |||
| UPM-Kymmene Oyj |
75,878 | 1,166,009 | |||
| Total Finland | 3,048,198 | ||||
| Investments | Shares | U.S. $ Value | |||
| France – 10.3% | |||||
| Air Liquide S.A. |
18,083 | $ | 1,966,364 | ||
| Arkema |
3,435 | 124,243 | |||
| Ciments Francais S.A. |
2,424 | 248,556 | |||
| Eramet |
732 | 274,016 | |||
| Imerys S.A. |
6,824 | 387,535 | |||
| Lafarge S.A. |
18,967 | 1,965,912 | |||
| Rhodia S.A. |
5,494 | 83,345 | |||
| Sa des Ciments Vicat |
3,953 | 190,009 | |||
| Sequana |
7,521 | 105,221 | |||
| Total France | 5,345,201 | ||||
| Germany – 18.7% | |||||
| BASF AG |
90,849 | 4,306,875 | |||
| Bayer AG |
43,468 | 3,162,771 | |||
| H&R WASAG AG |
2,926 | 68,349 | |||
| HeidelbergCement AG |
3,713 | 388,917 | |||
| K+S AG |
1,850 | 126,396 | |||
| Lanxess AG |
6,172 | 167,842 | |||
| Linde AG |
6,501 | 689,256 | |||
| Norddeutsche Affinerie AG |
3,715 | 155,713 | |||
| Pfleiderer AG |
3,418 | 41,097 | |||
| Salzgitter AG |
2,144 | 213,099 | |||
| Symrise AG |
8,635 | 145,550 | |||
| Wacker Chemie AG |
1,748 | 246,392 | |||
| Total Germany | 9,712,257 | ||||
| Ireland – 1.7% | |||||
| CRH PLC |
41,806 | 880,842 | |||
| Italy – 1.2% | |||||
| Buzzi Unicem SpA |
9,158 | 138,672 | |||
| Buzzi Unicem SpA RSP |
3,249 | 31,946 | |||
| Cementir Holdings SpA |
9,380 | 44,270 | |||
| Italcementi SpA |
12,277 | 149,858 | |||
| Italcementi SpA RSP |
11,076 | 102,527 | |||
| Italmobiliare SpA |
1,430 | 74,923 | |||
| Italmobiliare SpA RSP |
1,585 | 69,752 | |||
| Total Italy | 611,948 | ||||
| Japan – 16.1% | |||||
| ADEKA Corp. |
5,500 | 34,140 | |||
| Advan Co., Ltd. |
2,000 | 10,795 | |||
| Aichi Steel Corp. |
10,000 | 40,126 | |||
| Air Water, Inc. |
7,000 | 68,638 | |||
| Asahi Kasei Corp. |
73,000 | 301,860 | |||
| Chuetsu Pulp & Paper Co., Ltd. |
8,000 | 13,262 | |||
| Chuo Denki Kogyo Co., Ltd. |
2,000 | 16,050 | |||
| Daicel Chemical Industries Ltd. |
11,000 | 48,698 | |||
| Daido Steel Co., Ltd. |
13,000 | 67,103 | |||
| Daiken Corp. |
11,000 | 19,376 | |||
| Dainichiseika Color & Chemicals Manufacturing Co., Ltd. |
5,000 | 14,835 | |||
| Daio Paper Corp. |
4,000 | 33,344 | |||
| Denki Kagaku Kogyo K.K. |
25,000 | 64,051 | |||
| DIC Corp. |
34,000 | 63,090 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 13 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree International Basic Materials Sector Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| DOWA HOLDINGS Co., Ltd. |
15,000 | $ | 65,700 | ||
| Furukawa-Sky Aluminum Corp. |
14,000 | 29,539 | |||
| Godo Steel Ltd. |
5,000 | 15,448 | |||
| Hokuetsu Paper Mills Ltd. |
12,500 | 54,043 | |||
| JFE Holdings, Inc. |
29,300 | 877,634 | |||
| JSR Corp. |
8,200 | 105,971 | |||
| Kaneka Corp. |
16,000 | 86,808 | |||
| Koatsu Gas Kogyo Co., Ltd. |
3,000 | 15,118 | |||
| Kobe Steel Ltd. |
155,000 | 302,218 | |||
| Kuraray Co., Ltd. |
17,000 | 165,092 | |||
| KUREHA CORP. |
6,000 | 32,214 | |||
| Kyoei Steel Ltd. |
2,500 | 46,932 | |||
| Mitsubishi Chemical Holdings Corp. |
79,500 | 414,105 | |||
| Mitsubishi Gas Chemical Co., Inc. |
21,000 | 99,298 | |||
| Mitsubishi Paper Mills Ltd. |
15,000 | 31,225 | |||
| Mitsubishi Rayon Co., Ltd. |
45,000 | 108,934 | |||
| Mitsui Chemicals, Inc. |
42,000 | 181,190 | |||
| Nakayama Steel Works Ltd. |
5,000 | 15,872 | |||
| Nichiha Corp. |
1,500 | 10,371 | |||
| Nippon Chemical Industrial Co., Ltd. |
5,000 | 10,032 | |||
| Nippon Denko Co., Ltd. |
4,000 | 24,302 | |||
| Nippon Kayaku Co., Ltd. |
12,000 | 70,871 | |||
| Nippon Light Metal Co., Ltd. |
21,000 | 23,934 | |||
| Nippon Metal Industry Co., Ltd. |
11,000 | 19,479 | |||
| Nippon Mining Holdings, Inc. |
48,500 | 191,414 | |||
| Nippon Shokubai Co., Ltd. |
10,000 | 63,015 | |||
| Nippon Soda Co., Ltd. |
5,000 | 19,733 | |||
| Nippon Steel Corp. |
269,000 | 980,576 | |||
| Nippon Synthetic Chemical Industry Co., Ltd. (The) |
4,000 | 12,358 | |||
| Nippon Yakin Kogyo Co., Ltd. |
3,000 | 10,766 | |||
| Nissan Chemical Industries Ltd. |
7,000 | 62,704 | |||
| Nisshin Steel Co., Ltd. |
47,000 | 88,541 | |||
| Nittetsu Mining Co., Ltd. |
4,000 | 10,851 | |||
| Nitto Boseki Co., Ltd. |
10,000 | 21,005 | |||
| NOF Corp. |
11,000 | 36,161 | |||
| OJI Paper Co., Ltd. |
56,000 | 277,982 | |||
| OSAKA Titanium Technologies Co. |
1,100 | 35,125 | |||
| Pacific Metals Co., Ltd. |
16,000 | 113,032 | |||
| Sanyo Chemical Industries Ltd. |
5,000 | 23,972 | |||
| Sanyo Special Steel Co., Ltd. |
7,000 | 35,473 | |||
| Sekisui Jushi Corp. |
2,000 | 12,622 | |||
| Sekisui Plastics Co., Ltd. |
5,000 | 12,433 | |||
| Shin-Etsu Chemical Co., Ltd. |
14,400 | 663,269 | |||
| Shin-Etsu Polymer Co., Ltd. |
3,500 | 16,846 | |||
| Showa Denko K.K. |
56,000 | 114,463 | |||
| Sumitomo Bakelite Co., Ltd. |
15,000 | 62,733 | |||
| Sumitomo Chemical Co., Ltd. |
64,000 | 274,290 | |||
| Sumitomo Light Metal Industries Ltd. |
16,000 | 15,222 | |||
| Sumitomo Metal Industries Ltd. |
220,000 | 656,902 | |||
| Sumitomo Metal Mining Co., Ltd. |
20,000 | 196,110 | |||
| Sumitomo Osaka Cement Co., Ltd. |
21,000 | 33,231 | |||
| Sumitomo Seika Chemicals Co., Ltd. |
4,000 | 11,868 | |||
| T. Hasegawa Co., Ltd. |
2,400 | 38,340 | |||
| Investments | Shares | U.S. $ Value | |||
| Taiheiyo Cement Corp. |
37,000 | $ | 52,626 | ||
| Taiyo Nippon Sanso Corp. |
12,000 | 93,477 | |||
| Takasago International Corp. |
4,000 | 18,989 | |||
| Toagosei Co., Ltd. |
12,000 | 29,953 | |||
| Toho Zinc Co., Ltd. |
5,000 | 13,234 | |||
| Tokushu Tokai Holdings Co., Ltd. |
13,000 | 23,511 | |||
| Tokuyama Corp. |
5,000 | 28,164 | |||
| Tokyo Ohka Kogyo Co., Ltd. |
1,800 | 27,958 | |||
| Tokyo Steel Manufacturing Co., Ltd. |
5,100 | 54,716 | |||
| Tosoh Corp. |
25,000 | 72,058 | |||
| Ube Industries Ltd. |
30,000 | 78,840 | |||
| Ube Material Industries Ltd. |
5,000 | 9,419 | |||
| Wood One Co., Ltd. |
2,000 | 7,893 | |||
| Yamato Kogyo Co., Ltd. |
1,600 | 54,255 | |||
| Yodogawa Steel Works Ltd. |
12,000 | 52,673 | |||
| Zeon Corp. |
15,000 | 50,864 | |||
| Total Japan | 8,361,365 | ||||
| Netherlands – 1.5% | |||||
| Innoconcepts |
1,024 | 12,787 | |||
| James Hardie Industries N.V. |
46,120 | 180,806 | |||
| Koninklijke DSM N.V. |
12,082 | 566,067 | |||
| Total Netherlands | 759,660 | ||||
| New Zealand – 1.2% | |||||
| Fletcher Building Ltd. |
120,726 | 536,209 | |||
| Nuplex Industries Ltd. |
15,395 | 60,666 | |||
| Total New Zealand | 596,875 | ||||
| Norway – 0.4% | |||||
| Yara International ASA |
5,634 | 193,445 | |||
| Portugal – 1.1% | |||||
| Cimpor Cimentos de Portugal SGPS S.A. |
66,785 | 421,486 | |||
| Portucel-Empresa Produtora De Pasta E Papel, S.A. |
20,162 | 52,195 | |||
| Semapa-Sociedade de Investimento e Gestao |
7,972 | 77,265 | |||
| Total Portugal | 550,946 | ||||
| Singapore – 0.0% | |||||
| Hong Leong Asia Ltd. |
37,000 | 24,197 | |||
| Spain – 1.1% | |||||
| Acerinox S.A. |
12,921 | 227,958 | |||
| Cementos Portland Valderrivas S.A. |
4,347 | 207,666 | |||
| Grupo Empresarial Ence S.A. |
4,152 | 30,152 | |||
| Tubacex S.A. |
5,382 | 33,566 | |||
| Tubos Reunidos S.A. |
12,679 | 47,017 | |||
| Total Spain | 546,359 | ||||
| Sweden – 1.5% | |||||
| Billerud AB |
7,611 | 53,267 | |||
| Boliden AB |
48,210 | 196,359 | |||
| Holmen AB Class B |
8,746 | 278,457 | |||
| SSAB Svenskt Staal AB Series A |
12,777 | 196,985 | |||
| SSAB Svenskt Staal AB Series B |
4,900 | 65,530 | |||
| Total Sweden | 790,598 | ||||
See Notes to Financial Statements.
| 14 | WisdomTree International Dividend Sector Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree International Basic Materials Sector Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Switzerland – 5.2% | |||||
| Ciba Specialty Chemicals AG |
10,801 | $ | 457,567 | ||
| Holcim Ltd. |
21,526 | 1,555,055 | |||
| Schmolz + Bickenbach AG |
1,016 | 39,054 | |||
| Syngenta AG |
3,067 | 648,823 | |||
| Total Switzerland | 2,700,499 | ||||
| United Kingdom – 14.1% | |||||
| Anglo American PLC |
56,671 | 1,873,795 | |||
| Antofagasta PLC |
13,878 | 98,947 | |||
| BHP Billiton PLC |
77,907 | 1,748,313 | |||
| Bunzl PLC |
22,171 | 259,638 | |||
| Croda International PLC |
7,942 | 85,433 | |||
| Delta PLC |
13,849 | 26,351 | |||
| Elementis PLC |
43,792 | 51,518 | |||
| Ennstone PLC |
63,577 | 10,210 | |||
| Ferrexpo PLC |
5,280 | 14,776 | |||
| Hochschild Mining PLC |
7,707 | 34,481 | |||
| Johnson Matthey PLC |
3,077 | 74,042 | |||
| Kazakhmys PLC |
13,793 | 142,595 | |||
| Lonmin PLC |
7,138 | 289,324 | |||
| Marshalls PLC |
26,446 | 72,594 | |||
| Mondi PLC |
48,458 | 222,845 | |||
| Rio Tinto PLC |
27,401 | 1,695,267 | |||
| Vedanta Resources PLC |
6,140 | 126,187 | |||
| Victrex PLC |
4,349 | 55,426 | |||
| Xstrata PLC |
12,599 | 385,363 | |||
| Yule Catto & Co. PLC |
27,703 | 62,588 | |||
| Total United Kingdom | 7,329,693 | ||||
| TOTAL COMMON STOCKS (Cost: $77,258,899) |
51,406,224 | ||||
| MUTUAL FUNDS – 0.0% | |||||
| Australia – 0.0% | |||||
| Lion Selection Ltd. (Cost: $13,175) |
7,154 | 8,408 | |||
| TOTAL LONG-TERM INVESTMENTS (Cost: $77,272,074) |
51,414,632 | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.0% | |||||
| MONEY MARKET FUND(a) – 0.0% | |||||
| UBS Private Money Market Fund LLC, 3.01% (Cost: $8)(b) |
8 | 8 | |||
| TOTAL INVESTMENTS IN SECURITIES – 99.2% (Cost: $77,272,082)(c) | 51,414,640 | ||||
| Cash, Foreign Currency and Other Assets in Excess of Liabilities – 0.8% |
403,261 | ||||
| NET ASSETS – 100.0% | $ | 51,817,901 | |||
RSP – Risparmio Italian Savings Shares.
| * | Non-income producing security. |
| (a) |
Interest rate shown reflects yield as of September 30, 2008. |
| (b) |
At September 30, 2008, the total market value of the Fund’s securities on loan was $0 and the total market value of the collateral held by the Fund was $8. |
| (c) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 15 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International Communications Sector Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 98.9% | |||||
| Australia – 6.1% | |||||
| Reverse Corp. Ltd. |
10,358 | $ | 12,256 | ||
| Telstra Corp. Ltd. |
437,552 | 1,442,690 | |||
| Washington H. Soul Pattinson & Co., Ltd. |
4,356 | 37,109 | |||
| Total Australia | 1,492,055 | ||||
| Austria – 2.1% | |||||
| Telekom Austria AG |
29,459 | 512,693 | |||
| Belgium – 5.0% | |||||
| Belgacom S.A. |
19,691 | 732,548 | |||
| Mobistar S.A. |
7,154 | 499,881 | |||
| Total Belgium | 1,232,429 | ||||
| Finland – 0.4% | |||||
| Elisa Oyj |
4,773 | 92,118 | |||
| France – 8.4% | |||||
| France Telecom S.A. |
74,154 | 2,062,377 | |||
| Germany – 7.5% | |||||
| Deutsche Telekom AG |
121,825 | 1,842,979 | |||
| Greece – 1.9% | |||||
| Hellenic Tellecommunications Organizaiton S.A. |
25,683 | 455,274 | |||
| Hong Kong – 9.8% | |||||
| China Mobile Ltd. |
139,000 | 1,376,690 | |||
| China Netcom Group Corp. (Hong Kong) Ltd. |
222,464 | 492,241 | |||
| China Unicom Ltd. |
308,000 | 459,361 | |||
| Citic 1616 Holdings Ltd. |
17,000 | 2,474 | |||
| PCCW Ltd. |
147,521 | 60,799 | |||
| Total Hong Kong | 2,391,565 | ||||
| Italy – 5.2% | |||||
| Telecom Italia SpA |
513,468 | 758,748 | |||
| Telecom Italia SpA RSP |
468,097 | 526,339 | |||
| Total Italy | 1,285,087 | ||||
| Japan – 11.3% | |||||
| KDDI Corp. |
98 | 543,701 | |||
| Nippon Telegraph & Telephone Corp. |
217 | 958,630 | |||
| NTT DoCoMo, Inc. |
806 | 1,274,689 | |||
| Total Japan | 2,777,020 | ||||
| Netherlands – 3.3% | |||||
| Koninklijke KPN N.V. |
56,871 | 814,176 | |||
| New Zealand – 1.9% | |||||
| Telecom Corp. of New Zealand Ltd. |
258,020 | 470,465 | |||
| Norway – 2.1% | |||||
| Telenor ASA |
42,100 | 511,270 | |||
| Portugal – 2.7% | |||||
| Portugal Telecom, SGPS, S.A. |
65,244 | 651,138 | |||
| Investments | Shares | U.S. $ Value | |||
| Singapore – 5.1% | |||||
| Keppel Telecommunications & Transportation Ltd. |
3,000 | $ | 3,462 | ||
| MobileOne Ltd. |
27,600 | 35,135 | |||
| Pacific Century Regional Developments Ltd. |
43,000 | 7,519 | |||
| Singapore Telecommunications Ltd. |
489,000 | 1,111,597 | |||
| StarHub Ltd. |
56,842 | 102,576 | |||
| Total Singapore | 1,260,289 | ||||
| Spain – 7.0% | |||||
| Telefonica, S.A. |
72,349 | 1,706,284 | |||
| Sweden – 2.5% | |||||
| Tele2 AB Class B |
5,376 | 59,945 | |||
| TeliaSonera AB |
99,709 | 559,123 | |||
| Total Sweden | 619,068 | ||||
| Switzerland – 2.9% | |||||
| Swisscom AG |
2,370 | 700,696 | |||
| United Kingdom – 13.7% | |||||
| BT Group PLC |
344,919 | 990,443 | |||
| Cable & Wireless PLC |
203,783 | 601,150 | |||
| Inmarsat PLC |
8,094 | 69,791 | |||
| Kcom Group PLC |
19,342 | 7,240 | |||
| Telecom Plus PLC |
1,491 | 8,863 | |||
| Vodafone Group PLC |
769,054 | 1,681,971 | |||
| Total United Kingdom | 3,359,458 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 98.9% (Cost: $30,498,656)(a) |
24,236,441 | ||||
| Cash, Foreign Currency and Other Assets in |
280,162 | ||||
| NET ASSETS – 100.0% | $ | 24,516,603 | |||
RSP – Risparmio Italian Savings Shares.
| (a) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 16 | WisdomTree International Dividend Sector Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International Consumer Discretionary Sector Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 98.7% | |||||
| Australia – 5.8% | |||||
| Alesco Corp., Ltd. |
813 | $ | 3,796 | ||
| Amalgamated Holdings Ltd. |
708 | 2,764 | |||
| APN News & Media Ltd. |
3,438 | 8,705 | |||
| ARB Corp., Ltd. |
519 | 1,584 | |||
| Aristocrat Leisure Ltd. |
2,488 | 12,678 | |||
| Austereo Group Ltd. |
2,484 | 3,125 | |||
| Automotive Holdings Group |
501 | 668 | |||
| Billabong International Ltd. |
1,285 | 13,886 | |||
| Consolidated Media Holdings Ltd. |
7,465 | 14,485 | |||
| Corporate Express Australia Ltd. |
751 | 2,873 | |||
| Crown Ltd. |
1,194 | 8,006 | |||
| David Jones Ltd. |
4,952 | 16,796 | |||
| Fairfax Media Ltd. |
10,429 | 21,718 | |||
| Fleetwood Corp., Ltd. |
8 | 56 | |||
| GUD Holdings Ltd. |
69 | 321 | |||
| Harvey Norman Holdings Ltd. |
4,690 | 11,431 | |||
| Housewares International Ltd. |
121 | 88 | |||
| JB Hi-Fi Ltd. |
318 | 3,070 | |||
| Macquarie Communications Infrastructure Group |
2,757 | 5,524 | |||
| Mitchell Communications Group Ltd. |
3,651 | 1,570 | |||
| Nomad Building Solutions Ltd. |
385 | 483 | |||
| Pacific Brands Ltd. |
3,926 | 5,977 | |||
| Photon Group Ltd. |
1,208 | 2,468 | |||
| Prime Media Group Ltd. |
989 | 1,747 | |||
| Seven Network Ltd. |
1,107 | 5,501 | |||
| Specialty Fashion Group Ltd. |
2,338 | 1,254 | |||
| STW Communications Group Ltd. |
2,277 | 2,057 | |||
| Super Cheap Auto Group Ltd. |
789 | 1,537 | |||
| TABCORP Holdings Ltd. |
5,633 | 35,901 | |||
| Tatts Group Ltd. |
9,623 | 18,066 | |||
| Ten Network Holdings Ltd. |
6,547 | 8,263 | |||
| Village Roadshow Ltd. |
756 | 1,008 | |||
| West Australian Newspapers Holdings Ltd. |
1,558 | 11,061 | |||
| Total Australia | 228,467 | ||||
| Denmark – 0.1% | |||||
| Bang & Olufsen A/S Class B |
75 | 2,782 | |||
| Finland – 0.9% | |||||
| Alma Media Corp. |
495 | 5,632 | |||
| Amer Sports Oyj Class A |
480 | 5,731 | |||
| Nokian Renkaat Oyj |
165 | 3,894 | |||
| Sanoma Oyj |
796 | 14,860 | |||
| Stockmann Oyj Abp Class B |
165 | 3,859 | |||
| Total Finland | 33,976 | ||||
| France – 20.5% | |||||
| Accor S.A. |
935 | 49,085 | |||
| Beneteau S.A. |
42 | 599 | |||
| Canal Plus S.A. |
377 | 3,283 | |||
| Compagnie Generale des Etablissements Michelin Class B |
492 | 31,410 | |||
| Derichebourg |
182 | 787 | |||
| Havas S.A. |
661 | 2,043 | |||
| Investments | Shares | U.S. $ Value | |||
| Hermes International |
151 | $ | 24,287 | ||
| IMS-International Metal Service |
87 | 1,491 | |||
| IPSOS |
53 | 1,540 | |||
| JC Decaux S.A. |
567 | 12,208 | |||
| Kaufman & Broad S.A. |
83 | 3,481 | |||
| Lagardere SCA |
475 | 21,147 | |||
| LVMH Moet Hennessy Louis Vuitton S.A. |
1,096 | 95,064 | |||
| M6-Metropole Television |
1,002 | 21,731 | |||
| NRJ Group |
490 | 4,866 | |||
| PagesJaunes Groupe S.A. |
2,751 | 37,637 | |||
| Peugeot S.A. |
1,022 | 37,856 | |||
| PPR |
622 | 54,767 | |||
| Publicis Groupe |
538 | 16,692 | |||
| Rallye S.A. |
280 | 8,063 | |||
| Renault S.A. |
1,999 | 125,106 | |||
| SEB S.A. |
105 | 4,597 | |||
| Societe BIC S.A. |
185 | 9,532 | |||
| Societe Television Francaise 1 |
1,799 | 31,360 | |||
| Trigano S.A. |
62 | 611 | |||
| Valeo S.A. |
460 | 13,730 | |||
| Vivendi |
6,155 | 190,377 | |||
| Total France | 803,350 | ||||
| Germany – 11.0% | |||||
| Adidas AG |
253 | 13,398 | |||
| Bayerische Motoren Werke AG |
1,552 | 59,493 | |||
| Beate Uhse AG |
1,689 | 2,206 | |||
| Continental AG* |
404 | 40,063 | |||
| Daimler AG |
3,476 | 172,843 | |||
| Douglas Holding AG |
171 | 7,744 | |||
| Fielmann AG |
86 | 5,992 | |||
| Gerry Weber International AG |
71 | 1,581 | |||
| GFK AG |
14 | 425 | |||
| Kloeckner & Co. AG |
62 | 1,400 | |||
| Leoni AG |
52 | 1,559 | |||
| Metro AG |
600 | 29,944 | |||
| Praktiker Bau- und Heimwerkermaerkt AG |
125 | 1,140 | |||
| Puma AG Rudolf Dassler Sport |
17 | 4,578 | |||
| Takkt AG |
141 | 1,949 | |||
| TUI AG |
138 | 2,259 | |||
| Volkswagen AG |
217 | 84,740 | |||
| Total Germany | 431,314 | ||||
| Hong Kong – 1.0% | |||||
| CITIC Pacific Ltd. |
6,000 | 17,232 | |||
| Denway Motors Ltd. |
30,000 | 9,350 | |||
| Hongkong & Shanghai Hotels Ltd. (The) |
3,000 | 2,906 | |||
| Oriental Press Group Ltd. |
10,000 | 1,159 | |||
| Shaw Brothers |
2,000 | 2,880 | |||
| Television Broadcasts Ltd. |
1,000 | 4,212 | |||
| Total Hong Kong | 37,739 | ||||
| Ireland – 0.3% | |||||
| Independent News & Media PLC |
5,900 | 9,613 | |||
| Paddy Power PLC |
119 | 2,049 | |||
| Total Ireland | 11,662 | ||||
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 17 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree International Consumer Discretionary Sector Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Italy – 4.9% | |||||
| Arnoldo Mondadori Editore SpA |
1,525 | $ | 7,626 | ||
| Benetton Group SpA |
547 | 5,021 | |||
| Brembo SpA |
299 | 2,892 | |||
| Bulgari SpA |
1,368 | 12,058 | |||
| Cairo Communication SpA |
1,238 | 4,213 | |||
| Fiat SpA |
2,765 | 36,392 | |||
| Fiat SpA RSP |
298 | 2,246 | |||
| Geox SpA |
913 | 8,753 | |||
| Gruppo Editoriale L’Espresso SpA |
3,308 | 7,016 | |||
| Indesit Co. SpA |
801 | 8,365 | |||
| Lottomatica SpA |
726 | 18,866 | |||
| Mediaset SpA |
8,630 | 54,216 | |||
| Piaggio & C SpA |
1,163 | 2,565 | |||
| Pirelli & C SpA |
9,832 | 5,704 | |||
| RCS MediaGroup SpA |
3,823 | 7,894 | |||
| Sogefi SpA |
548 | 1,565 | |||
| Tod’s SpA |
143 | 7,093 | |||
| Total Italy | 192,485 | ||||
| Japan – 27.8% | |||||
| ABC-Mart, Inc. |
100 | 2,802 | |||
| Aisan Industry Co., Ltd. |
100 | 596 | |||
| Aisin Seiki Co., Ltd. |
400 | 9,513 | |||
| Alpen Co., Ltd. |
100 | 1,878 | |||
| Alpine Electronics, Inc. |
200 | 1,878 | |||
| AOKI Holdings, Inc. |
100 | 1,010 | |||
| Asatsu-DK, Inc. |
100 | 2,821 | |||
| Avex Group Holdings, Inc. |
300 | 2,608 | |||
| Belluna Co., Ltd. |
150 | 664 | |||
| Best Denki Co., Ltd. |
500 | 1,860 | |||
| Bosch Corp. |
1,000 | 5,633 | |||
| Bridgestone Corp. |
900 | 16,616 | |||
| Calsonic Kansei Corp. |
1,000 | 2,769 | |||
| Culture Convenience Club Co., Ltd. |
300 | 2,210 | |||
| Daidoh Ltd. |
400 | 3,903 | |||
| Daihatsu Motor Co., Ltd. |
1,000 | 10,738 | |||
| Daito Trust Construction Co., Ltd. |
200 | 7,291 | |||
| Daiwa House Industry Co., Ltd. |
1,000 | 9,306 | |||
| DENSO CORP. |
1,000 | 23,925 | |||
| Don Quijote Co., Ltd. |
100 | 1,771 | |||
| Doshisha Co., Ltd. |
100 | 1,322 | |||
| Edion Corp. |
400 | 2,656 | |||
| Exedy Corp. |
100 | 1,836 | |||
| Fast Retailing Co., Ltd. |
100 | 9,937 | |||
| FCC Co., Ltd. |
100 | 1,296 | |||
| France Bed Holdings Co., Ltd. |
2,000 | 2,487 | |||
| Fuji Heavy Industries Ltd. |
1,000 | 4,907 | |||
| FUJIFILM Holdings Corp. |
300 | 7,602 | |||
| Futaba Industrial Co., Ltd. |
100 | 1,225 | |||
| Gulliver International Co., Ltd. |
70 | 1,195 | |||
| Gunze Ltd. |
1,000 | 3,862 | |||
| Hakuhodo DY Holdings, Inc. |
20 | 980 | |||
| Hanwa Co., Ltd. |
1,000 | 3,372 | |||
| Investments | Shares | U.S. $ Value | |||
| Heiwa Corp. |
700 | $ | 5,407 | ||
| Hitachi High-Technologies Corp. |
100 | 1,950 | |||
| Honda Motor Co., Ltd. |
3,300 | 96,049 | |||
| Iida Home Max |
100 | 336 | |||
| Inaba Denki Sangyo Co., Ltd. |
100 | 2,228 | |||
| Isetan Mitsukoshi Holdings Ltd. |
340 | 3,914 | |||
| Isuzu Motors Ltd. |
1,000 | 2,675 | |||
| ITOCHU Corp. |
3,000 | 17,576 | |||
| J Front Retailing Co., Ltd. |
381 | 2,150 | |||
| Kanto Auto Works Ltd. |
200 | 2,394 | |||
| Keihin Corp. |
100 | 1,133 | |||
| Keiyo Co., Ltd. |
400 | 2,016 | |||
| Kenwood Corp. |
3,000 | 2,232 | |||
| Koei Co., Ltd. |
200 | 2,560 | |||
| Konami Corp. |
100 | 2,454 | |||
| Kurabo Industries Ltd. |
2,000 | 3,447 | |||
| Marubeni Corp. |
2,000 | 8,816 | |||
| Marui Group Co., Ltd. |
1,100 | 8,082 | |||
| Mazda Motor Corp. |
1,000 | 3,937 | |||
| Mitsubishi Corp. |
2,800 | 56,837 | |||
| Mitsui & Co., Ltd. |
3,000 | 36,114 | |||
| Moshi Moshi Hotline, Inc. |
50 | 1,293 | |||
| Namco Bandai Holdings, Inc. |
600 | 6,471 | |||
| Nifco, Inc. |
200 | 3,442 | |||
| Nippon Television Network Corp. |
10 | 937 | |||
| Nissan Motor Co., Ltd. |
15,200 | 99,792 | |||
| Nissin Kogyo Co., Ltd. |
200 | 2,564 | |||
| Nitori Co., Ltd. |
50 | 2,939 | |||
| Onward Holding Co., Ltd. |
1,000 | 10,258 | |||
| Oriental Land Co., Ltd. |
100 | 6,735 | |||
| Parco Co., Ltd. |
200 | 2,080 | |||
| Plenus Co., Ltd. |
100 | 1,228 | |||
| Point, Inc. |
40 | 1,503 | |||
| Resorttrust, Inc. |
120 | 1,116 | |||
| Right On Co., Ltd. |
200 | 2,511 | |||
| Riken Corp. |
1,000 | 3,052 | |||
| Ryohin Keikaku Co., Ltd. |
100 | 4,842 | |||
| Sanei-International Co., Ltd. |
100 | 1,085 | |||
| Sangetsu Co., Ltd. |
300 | 4,999 | |||
| Sankyo Co., Ltd. |
200 | 10,041 | |||
| Sankyo Seiko Co., Ltd. |
500 | 834 | |||
| Sega Sammy Holdings, Inc. |
200 | 1,778 | |||
| Seiko Holdings Corp. |
1,000 | 3,240 | |||
| Seiren Co., Ltd. |
400 | 1,933 | |||
| Sekisui Chemical Co., Ltd. |
1,000 | 5,849 | |||
| Sekisui House, Ltd. |
2,000 | 17,972 | |||
| Sharp Corp. |
1,000 | 10,606 | |||
| Shimachu Co., Ltd. |
100 | 2,223 | |||
| Showa Corp. |
200 | 1,191 | |||
| Sojitz Corp. |
2,000 | 4,484 | |||
| Sony Corp. |
700 | 20,900 | |||
| Square Enix Holdings Co., Ltd. |
100 | 2,882 | |||
| Stanley Electric Co., Ltd. |
200 | 2,867 | |||
| Sumitomo Corp. |
3,000 | 27,156 | |||
See Notes to Financial Statements.
| 18 | WisdomTree International Dividend Sector Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree International Consumer Discretionary Sector Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Sumitomo Rubber Industries, Inc. |
600 | $ | 5,211 | ||
| Sundrug Co., Ltd. |
100 | 1,950 | |||
| Suzuki Motor Corp. |
300 | 5,420 | |||
| Takata Corp. |
100 | 1,342 | |||
| Teijin Ltd. |
2,000 | 5,878 | |||
| Toei Co., Ltd. |
1,000 | 4,728 | |||
| Toho Co., Ltd. |
100 | 2,058 | |||
| Tokai Rika Co., Ltd. |
100 | 1,235 | |||
| Token Corp. |
60 | 1,905 | |||
| Tokyo Broadcasting System, Inc. |
200 | 3,382 | |||
| TOMY Co., Ltd. |
200 | 1,336 | |||
| Topre Corp. |
100 | 672 | |||
| Toray Industries, Inc. |
2,000 | 9,174 | |||
| Toyo Tire & Rubber Co., Ltd. |
1,000 | 2,685 | |||
| Toyobo Co., Ltd. |
2,000 | 3,278 | |||
| Toyoda Gosei Co., Ltd. |
100 | 1,648 | |||
| Toyota Auto Body Co., Ltd. |
200 | 3,542 | |||
| Toyota Boshoku Corp. |
200 | 2,151 | |||
| Toyota Motor Corp. |
7,300 | 301,172 | |||
| Toyota Tsusho Corp. |
300 | 3,823 | |||
| Trusco Nakayama Corp. |
100 | 1,309 | |||
| TS Tech Co., Ltd. |
100 | 945 | |||
| Unitika Ltd. |
3,000 | 2,515 | |||
| UNY Co., Ltd. |
1,000 | 9,947 | |||
| Xebio Co., Ltd. |
100 | 1,903 | |||
| Yamada Denki Co., Ltd. |
40 | 2,980 | |||
| Yamaha Corp. |
400 | 6,733 | |||
| Yamaha Motor Co., Ltd. |
500 | 6,674 | |||
| Yokohama Rubber Co., Ltd. (The) |
1,000 | 5,284 | |||
| Total Japan | 1,086,459 | ||||
| Netherlands – 1.6% | |||||
| Beter BED Holdings N.V. |
118 | 1,598 | |||
| Hunter Douglas N.V. |
115 | 4,634 | |||
| Macintosh Retail Group N.V. |
92 | 1,405 | |||
| Reed Elsevier N.V. |
2,003 | 29,624 | |||
| Telegraaf Media Groep N.V. |
211 | 5,714 | |||
| Wolters Kluwer N.V. |
1,058 | 21,155 | |||
| Total Netherlands | 64,130 | ||||
| New Zealand – 0.5% | |||||
| Fisher & Paykel Appliances Holdings Ltd. |
2,587 | 2,765 | |||
| Sky City Entertainment Group Ltd. |
4,598 | 11,240 | |||
| Sky Network Television Ltd. |
828 | 2,306 | |||
| Warehouse Group Ltd. (The) |
2,408 | 4,857 | |||
| Total New Zealand | 21,168 | ||||
| Norway – 0.3% | |||||
| Ekornes ASA |
400 | 5,379 | |||
| Schibsted ASA |
250 | 4,556 | |||
| Total Norway | 9,935 | ||||
| Portugal – 0.2% | |||||
| SAG GEST-Solucoes Automovel Globais, SGPS, S.A. |
1,420 | 2,992 | |||
| Zon Multimedia Servicos de Telecomunicacoes e Multimedia, SGPS, S.A. |
769 | 5,606 | |||
| Total Portugal | 8,598 | ||||
| Investments | Shares | U.S. $ Value | |||
| Singapore – 1.0% | |||||
| FJ Benjamin Holdings Ltd. |
8,000 | $ | 1,651 | ||
| Hotel Plaza Ltd. |
3,000 | 2,833 | |||
| Hotel Properties Ltd. |
1,000 | 944 | |||
| HupSteel Ltd. |
7,000 | 1,249 | |||
| Jardine Cycle & Carriage Ltd. |
1,000 | 10,911 | |||
| KS Energy Services Ltd. |
1,000 | 1,042 | |||
| SC Global Developments Ltd. |
1,000 | 479 | |||
| Singapore Press Holdings Ltd. |
7,000 | 19,487 | |||
| Stamford Land Corp., Ltd. |
7,000 | 1,836 | |||
| Total Singapore | 40,432 | ||||
| Spain – 3.2% | |||||
| Adolfo Dominguez |
61 | 831 | |||
| Antena 3 de Television S.A. |
2,589 | 18,620 | |||
| Cie Automotive, S.A. |
190 | 1,116 | |||
| Gestevision Telecinco, S.A. |
3,190 | 32,172 | |||
| Inditex S.A. |
1,520 | 63,390 | |||
| Promotora de Informaciones, S.A. |
464 | 3,076 | |||
| Sol Melia S.A. |
107 | 921 | |||
| Vocento, S.A. |
650 | 4,547 | |||
| Total Spain | 124,673 | ||||
| Sweden – 4.0% | |||||
| B&B Tools AB Class B |
100 | 1,682 | |||
| BE Group AB |
200 | 1,090 | |||
| Bilia AB Class A |
300 | 1,420 | |||
| Clas Ohlson AB Class B |
100 | 1,205 | |||
| Electrolux AB Series B |
1,501 | 17,168 | |||
| Eniro AB |
2,800 | 9,597 | |||
| Hakon Invest AB |
600 | 7,293 | |||
| Haldex AB |
144 | 1,430 | |||
| Hennes & Mauritz AB Class B |
2,680 | 106,851 | |||
| JM AB |
300 | 2,377 | |||
| Modern Times Group AB Class B |
50 | 1,760 | |||
| New Wave Group AB Class B |
200 | 528 | |||
| Nobia AB |
500 | 1,592 | |||
| rnb Retail And Brands AB |
200 | 234 | |||
| SkiStar AB |
200 | 2,072 | |||
| TradeDoubler AB |
100 | 846 | |||
| Total Sweden | 157,145 | ||||
| Switzerland – 1.5% | |||||
| Compagnie Financiere Richemont AG S.A. Class A |
828 | 36,111 | |||
| Highlight Communications AG |
322 | 3,121 | |||
| Rieter Holding AG |
12 | 3,617 | |||
| Swatch Group AG (The) |
181 | 5,965 | |||
| Swatch Group AG (The) Class B |
45 | 8,167 | |||
| Total Switzerland | 56,981 | ||||
| United Kingdom – 14.1% | |||||
| Aegis Group PLC |
1,149 | 1,900 | |||
| Bellway PLC |
771 | 7,421 | |||
| Bloomsbury Publishing PLC |
483 | 1,291 | |||
| Bovis Homes Group PLC |
741 | 4,979 | |||
| Brammer PLC |
1,239 | 4,306 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 19 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree International Consumer Discretionary Sector Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| British Sky Broadcasting Group PLC |
4,532 | $ | 33,484 | ||
| BSS Group PLC |
1,021 | 4,181 | |||
| Burberry Group PLC |
1,272 | 8,842 | |||
| Carnival PLC |
822 | 24,337 | |||
| Carpetright PLC |
616 | 6,577 | |||
| Carphone Warehouse Group PLC |
1,955 | 5,976 | |||
| Centaur Media PLC |
1,393 | 1,285 | |||
| Cineworld Group PLC |
1,260 | 2,560 | |||
| Clinton Cards PLC |
3,796 | 2,385 | |||
| Compass Group PLC |
5,802 | 35,576 | |||
| Daily Mail & General Trust N.V. Class A |
1,350 | 7,676 | |||
| Debenhams PLC |
6,499 | 5,647 | |||
| Dsg International PLC |
7,008 | 5,965 | |||
| Electrocomponents PLC |
4,321 | 12,593 | |||
| Enterprise Inns PLC |
2,180 | 6,936 | |||
| Euromoney Institutional Investor PLC |
458 | 2,653 | |||
| Findel PLC |
804 | 1,458 | |||
| Future PLC |
3,154 | 1,293 | |||
| Game Group PLC |
546 | 1,995 | |||
| GKN PLC |
3,748 | 13,077 | |||
| Greene King PLC |
36 | 293 | |||
| Halfords Group PLC |
1,115 | 5,152 | |||
| Headlam Group PLC |
811 | 3,133 | |||
| HMV Group PLC |
3,101 | 7,006 | |||
| Holidaybreak PLC |
318 | 1,825 | |||
| Home Retail Group PLC |
3,729 | 15,420 | |||
| Inchcape PLC |
2,459 | 8,218 | |||
| Informa PLC |
1,383 | 7,759 | |||
| Intercontinental Hotels Group PLC |
1,104 | 13,539 | |||
| ITV PLC |
21,777 | 16,303 | |||
| John Menzies PLC |
638 | 3,042 | |||
| Kesa Electricals PLC |
1,974 | 3,862 | |||
| Kingfisher PLC |
10,075 | 23,651 | |||
| Ladbrokes PLC |
3,394 | 11,283 | |||
| Lookers PLC |
1,641 | 1,360 | |||
| Luminar Group Holdings PLC |
351 | 1,164 | |||
| Marks & Spencer Group PLC |
8,350 | 29,990 | |||
| Millennium & Copthorne Hotels PLC |
333 | 1,444 | |||
| Mitchells & Butlers PLC |
2,040 | 7,972 | |||
| Mothercare PLC |
512 | 3,144 | |||
| N. Brown Group PLC |
1,852 | 7,295 | |||
| Next PLC |
1,131 | 20,543 | |||
| Pearson PLC |
3,280 | 35,079 | |||
| Pendragon PLC |
8,791 | 1,399 | |||
| Persimmon PLC |
3,243 | 23,022 | |||
| Raymarine PLC |
639 | 1,241 | |||
| Reed Elsevier PLC |
2,635 | 26,067 | |||
| Rightmove PLC |
265 | 1,197 | |||
| Taylor Nelson Sofres PLC |
678 | 2,937 | |||
| Topps Tiles PLC |
3,443 | 3,559 | |||
| Travis Perkins PLC |
635 | 5,982 | |||
| Trinity Mirror PLC |
3,772 | 5,681 | |||
| UTV PLC |
692 | 1,551 | |||
| Wetherspoon (J.D.) PLC |
136 | 567 | |||
| Investments | Shares | U.S. $ Value | |||
| WH Smith PLC |
746 | $ | 5,013 | ||
| Whitbread PLC |
715 | 13,484 | |||
| William Hill PLC |
1,917 | 7,979 | |||
| WPP Group PLC |
2,347 | 18,742 | |||
| Total United Kingdom | 551,291 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 98.7% (Cost: $5,171,107)(a) |
3,862,587 | ||||
| Cash, Foreign Currency and Other Assets in |
49,501 | ||||
| NET ASSETS – 100.0% | $ | 3,912,088 | |||
RSP – Risparmio Italian Savings Shares.
| * | Non-income producing security. |
| (a) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 20 | WisdomTree International Dividend Sector Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International Consumer Staples Sector Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 98.7% | |||||
| Australia – 8.5% | |||||
| ABB Grain Ltd. |
822 | $ | 5,129 | ||
| ABC Learning Centres Ltd. |
84,388 | 35,945 | |||
| Australian Agricultural Co., Ltd. |
4,065 | 8,657 | |||
| AWB Ltd. |
13,125 | 28,781 | |||
| Campbell Brothers Ltd. |
840 | 21,269 | |||
| Coca-Cola Amatil Ltd. |
25,816 | 168,000 | |||
| Flight Centre Ltd. |
3,554 | 53,237 | |||
| Foster’s Group Ltd. |
65,724 | 286,174 | |||
| Futuris Corp., Ltd. |
26,938 | 29,961 | |||
| Goodman Fielder Ltd. |
74,722 | 81,928 | |||
| Invocare Ltd. |
2,418 | 9,251 | |||
| Iress Market Technology Ltd. |
2,697 | 12,275 | |||
| Lion Nathan Ltd. |
17,202 | 125,784 | |||
| Metcash Ltd. |
6,115 | 19,149 | |||
| Navitas Ltd. |
10,496 | 18,628 | |||
| Ridley Corp., Ltd. |
10,179 | 7,748 | |||
| Seek Ltd. |
7,075 | 28,518 | |||
| Select Harvests Ltd. |
2,400 | 9,844 | |||
| Skilled Group Ltd. |
5,497 | 12,575 | |||
| Woolworths Ltd. |
28,907 | 620,210 | |||
| Total Australia | 1,583,063 | ||||
| Belgium – 5.6% | |||||
| Colruyt S.A. |
248 | 61,638 | |||
| Delhaize Group |
1,501 | 86,433 | |||
| InBev N.V. |
15,015 | 882,335 | |||
| Omega Pharma S.A. |
290 | 12,282 | |||
| Total Belgium | 1,042,688 | ||||
| Denmark – 0.3% | |||||
| Carlsberg A/S Class B |
425 | 31,844 | |||
| Danisco A/S |
448 | 24,838 | |||
| Total Denmark | 56,682 | ||||
| Finland – 0.5% | |||||
| HKSkan Oyj |
945 | 7,447 | |||
| Kesko Oyj Class B |
2,653 | 66,780 | |||
| Raisio PLC Class V |
5,545 | 12,306 | |||
| Total Finland | 86,533 | ||||
| France – 13.0% | |||||
| Carrefour S.A. |
11,515 | 535,378 | |||
| Casino Guichard Perrachon S.A. |
1,784 | 156,994 | |||
| Christian Dior S.A. |
2,601 | 193,891 | |||
| Fimalac |
547 | 33,269 | |||
| Groupe Danone |
7,226 | 507,500 | |||
| L’Oreal S.A. |
7,395 | 719,326 | |||
| Pernod-Ricard S.A. |
2,617 | 227,101 | |||
| Remy Cointreau S.A. |
862 | 40,175 | |||
| Total France | 2,413,634 | ||||
| Germany – 1.1% | |||||
| Beiersdorf AG |
1,438 | 90,511 | |||
| Henkel KGaA |
2,505 | 76,460 | |||
| Investments | Shares | U.S. $ Value | |||
| Suedzucker AG |
2,554 | $ | 36,951 | ||
| Total Germany | 203,922 | ||||
| Hong Kong – 0.3% | |||||
| China Travel International Investment Hong Kong Ltd. |
10,000 | 2,228 | |||
| Cross-Harbour (Holdings) Ltd. |
14,000 | 11,324 | |||
| Shanghai Industrial Holdings Ltd. |
18,000 | 40,570 | |||
| Vitasoy International Holdings Ltd. |
2,000 | 868 | |||
| Total Hong Kong | 54,990 | ||||
| Ireland – 0.4% | |||||
| C&C Group PLC |
9,395 | 25,061 | |||
| Fyffes PLC |
12,898 | 5,798 | |||
| Glanbia PLC |
2,316 | 12,261 | |||
| Greencore Group PLC |
5,038 | 12,809 | |||
| Kerry Group PLC Class A |
555 | 16,215 | |||
| Total Produce PLC |
11,047 | 6,207 | |||
| Total Ireland | 78,351 | ||||
| Italy – 2.0% | |||||
| Davide Campari-Milano SpA |
2,413 | 19,337 | |||
| Luxottica Group SpA |
6,929 | 156,892 | |||
| MARR SpA |
1,564 | 10,951 | |||
| Parmalat SpA |
75,543 | 176,145 | |||
| Safilo Group SpA |
6,806 | 9,398 | |||
| Sol SpA |
1,466 | 7,537 | |||
| Total Italy | 380,260 | ||||
| Japan – 8.3% | |||||
| Aeon Co., Ltd. |
4,800 | 47,609 | |||
| Ajinomoto Co., Inc. |
6,000 | 56,459 | |||
| Asahi Breweries, Ltd. |
2,900 | 50,261 | |||
| Circle K Sunkus Co., Ltd. |
300 | 4,954 | |||
| Coca-Cola West Holdings Co., Ltd. |
1,200 | 26,958 | |||
| FamilyMart Co., Ltd. |
500 | 21,052 | |||
| Fancl Corp. |
400 | 4,785 | |||
| Fuji Oil Co., Ltd. |
1,400 | 15,772 | |||
| Fujicco Co., Ltd. |
1,000 | 10,606 | |||
| Heiwado Co., Ltd. |
600 | 8,506 | |||
| Hokuto Corp. |
400 | 8,873 | |||
| House Foods Corp. |
400 | 5,832 | |||
| Itoham Foods, Inc. |
2,000 | 9,212 | |||
| Izumiya Co., Ltd. |
2,000 | 10,795 | |||
| Japan Tobacco, Inc. |
58 | 215,250 | |||
| Kagome Co., Ltd. |
400 | 6,190 | |||
| Kao Corp. |
6,000 | 159,657 | |||
| Kasumi Co., Ltd. |
2,000 | 10,776 | |||
| Kato Sangyo Co., Ltd. |
500 | 5,882 | |||
| Kikkoman Corp. |
1,000 | 13,394 | |||
| Kirin Brewery Co., Ltd. |
6,000 | 77,822 | |||
| Kyokuyo Co., Ltd. |
4,000 | 6,443 | |||
| Lawson, Inc. |
1,800 | 82,739 | |||
| Mandom Corp. |
500 | 13,187 | |||
| Marudai Food Co., Ltd. |
4,000 | 8,440 | |||
| Maruha Nichiro Holdings, Inc. |
5,000 | 8,101 | |||
| Meitec Corp. |
400 | 10,606 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 21 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree International Consumer Staples Sector Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Mercian Corp. |
3,000 | $ | 5,765 | ||
| Mikuni Coca-Cola Bottling Co., Ltd. |
1,300 | 11,278 | |||
| Milbon Co., Ltd. |
300 | 6,556 | |||
| Ministop Co., Ltd. |
600 | 10,783 | |||
| Mitsui Sugar Co., Ltd. |
4,000 | 14,694 | |||
| Morinaga & Co., Ltd. |
5,000 | 9,184 | |||
| Nippon Beet Sugar Manufacturing Co., Ltd. |
5,000 | 9,984 | |||
| Nippon Flour Mills Co., Ltd. |
2,000 | 9,834 | |||
| Nippon Meat Packers, Inc. |
2,000 | 29,840 | |||
| Nippon Suisan Kaisha Ltd. |
800 | 2,901 | |||
| Nisshin Oillio Group Ltd. (The) |
1,000 | 5,275 | |||
| Nisshin Seifun Group, Inc. |
2,000 | 26,468 | |||
| Nissin Food Products Co., Ltd. |
1,000 | 35,417 | |||
| Nosan Corp. |
4,000 | 8,402 | |||
| Park24 Co., Ltd. |
3,900 | 21,490 | |||
| Pigeon Corp. |
500 | 14,011 | |||
| QP Corp. |
800 | 7,407 | |||
| Rock Field Co., Ltd. |
700 | 8,756 | |||
| Ryoshoku Ltd. |
600 | 9,721 | |||
| Sakata Seed Corp. |
1,000 | 14,666 | |||
| Sanrio Co., Ltd. |
100 | 1,085 | |||
| Seven & I Holdings Co., Ltd. |
7,800 | 220,043 | |||
| Shiseido Co., Ltd. |
4,000 | 88,353 | |||
| Showa Sangyo Co., Ltd. |
4,000 | 9,758 | |||
| Starzen Co., Ltd. |
5,000 | 10,973 | |||
| Uni-Charm Corp. |
400 | 30,519 | |||
| Yakult Honsha Co., Ltd. |
400 | 12,320 | |||
| Yokohama Reito Co., Ltd. |
2,000 | 13,545 | |||
| Total Japan | 1,549,189 | ||||
| Netherlands – 8.6% | |||||
| CSM N.V. |
1,264 | 31,746 | |||
| Heineken Holding N.V. |
2,532 | 98,268 | |||
| Heineken N.V. |
4,824 | 192,067 | |||
| Koninklijke Ahold N.V. |
10,406 | 118,791 | |||
| Koninklijke Wessanen N.V. |
2,733 | 24,147 | |||
| Nutreco Holding N.V. |
556 | 25,858 | |||
| Randstad Holdings N.V. |
5,463 | 141,617 | |||
| Sligro Food Group N.V. |
384 | 11,413 | |||
| Unilever N.V. CVA |
32,732 | 913,103 | |||
| USG People N.V. |
2,405 | 32,599 | |||
| Total Netherlands | 1,589,609 | ||||
| New Zealand – 0.0% | |||||
| PGG Wrightson Ltd. |
6,712 | 7,173 | |||
| Norway – 0.9% | |||||
| Cermaq ASA |
1,387 | 8,868 | |||
| Leroy Seafood Group ASA |
600 | 5,252 | |||
| Orkla ASA |
16,700 | 149,422 | |||
| Salmar ASA |
1,600 | 7,577 | |||
| Total Norway | 171,119 | ||||
| Portugal – 0.4% | |||||
| Jeronimo Martins SGPS, S.A. |
5,218 | 43,977 | |||
| Sonae SGPS, S.A. |
30,941 | 23,208 | |||
| Total Portugal | 67,185 | ||||
| Investments | Shares | U.S. $ Value | |||
| Singapore – 0.2% | |||||
| Petra Foods Ltd. |
13,000 | $ | 8,002 | ||
| Wilmar International Ltd. |
19,000 | 33,357 | |||
| Total Singapore | 41,359 | ||||
| Spain – 0.2% | |||||
| Ebro Puleva S.A. |
1,909 | 29,872 | |||
| Sweden – 1.6% | |||||
| Aarhuskarlshamn AB |
918 | 15,305 | |||
| Axfood AB |
1,622 | 43,500 | |||
| Svenska Cellulosa AB Class A |
2,800 | 28,712 | |||
| Svenska Cellulosa AB SCA Class B |
15,600 | 161,643 | |||
| Swedish Match AB |
2,629 | 45,245 | |||
| Total Sweden | 294,405 | ||||
| Switzerland – 11.7% | |||||
| Adecco S.A. |
2,617 | 112,592 | |||
| Aryzta AG* |
211 | 8,210 | |||
| Givaudan SA |
49 | 40,664 | |||
| Nestle S.A. |
46,659 | 2,005,765 | |||
| Swissquote Group Holding S.A. |
200 | 5,815 | |||
| Total Switzerland | 2,173,046 | ||||
| United Kingdom – 35.1% | |||||
| Associated British Foods PLC |
9,454 | 119,644 | |||
| British American Tobacco PLC |
41,106 | 1,344,492 | |||
| Britvic PLC |
3,499 | 12,645 | |||
| Cadbury Schweppes PLC |
28,417 | 286,436 | |||
| Capita Group PLC |
4,086 | 50,836 | |||
| Cranswick PLC |
1,047 | 12,224 | |||
| Dairy Crest Group PLC |
4,330 | 30,872 | |||
| Devro PLC |
7,071 | 9,831 | |||
| Diageo PLC |
48,761 | 821,337 | |||
| Dignity PLC |
724 | 8,962 | |||
| Greggs PLC |
190 | 10,600 | |||
| Hays PLC |
42,732 | 60,934 | |||
| Imperial Tobacco Group PLC |
18,667 | 597,915 | |||
| J. Sainsbury PLC |
35,136 | 217,946 | |||
| Marston’s PLC |
8,636 | 24,129 | |||
| Mcbride PLC |
7,637 | 13,613 | |||
| Michael Page International PLC |
5,040 | 20,752 | |||
| Northern Foods PLC |
14,772 | 16,851 | |||
| PayPoint PLC |
1,052 | 9,901 | |||
| Premier Foods PLC |
29,790 | 39,692 | |||
| PZ Cussons PLC |
4,550 | 14,355 | |||
| Reckitt Benckiser PLC |
7,536 | 364,156 | |||
| Robert Walters PLC |
3,790 | 7,313 | |||
| Robert Wiseman Dairies PLC |
1,997 | 11,631 | |||
| SABMiller PLC |
21,197 | 410,319 | |||
| Safestore Holdings PLC |
3,931 | 9,144 | |||
| SSL International PLC |
1,109 | 8,861 | |||
| Sthree PLC |
3,913 | 12,467 | |||
| Tate & Lyle PLC |
14,333 | 97,337 | |||
| Tesco PLC |
122,484 | 846,214 | |||
| Thomas Cook Group PLC |
6,417 | 25,335 | |||
See Notes to Financial Statements.
| 22 | WisdomTree International Dividend Sector Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree International Consumer Staples Sector Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Thomson Reuters PLC |
6,840 | $ | 151,302 | ||
| Tui Travel PLC |
25,293 | 97,155 | |||
| Unilever PLC |
23,773 | 644,935 | |||
| Wm. Morrison Supermarkets PLC |
25,460 | 117,310 | |||
| Total United Kingdom | 6,527,446 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 98.7% (Cost: $21,857,832)(a) |
18,350,526 | ||||
| Cash, Foreign Currency and Other Assets in |
233,074 | ||||
| NET ASSETS – 100.0% | $ | 18,583,600 | |||
| (a) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 23 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International Energy Sector Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.3% | |||||
| Australia – 10.6% | |||||
| Beach Petroleum Ltd. |
7,947 | $ | 5,673 | ||
| Caltex Australia Ltd. |
108,648 | 1,058,414 | |||
| Centennial Coal Co., Ltd. |
4,736 | 13,748 | |||
| Downer EDI Ltd. |
11,671 | 57,998 | |||
| Gloucester Coal Ltd. |
455 | 3,320 | |||
| MacArthur Coal Ltd. |
1,250 | 10,452 | |||
| New Hope Corp., Ltd. |
10,548 | 35,776 | |||
| Santos Ltd. |
75,436 | 1,136,525 | |||
| Woodside Petroleum Ltd. |
31,638 | 1,272,759 | |||
| WorleyParsons Ltd. |
37,206 | 889,248 | |||
| Total Australia | 4,483,913 | ||||
| Austria – 2.1% | |||||
| OMV AG |
21,238 | 874,971 | |||
| Schoeller-Bleckmann Oilfield Equipment AG |
67 | 4,000 | |||
| Total Austria | 878,971 | ||||
| Finland – 2.6% | |||||
| Neste Oil Oyj |
52,650 | 1,077,522 | |||
| France – 12.2% | |||||
| Etablissements Maurel et Prom |
62,301 | 982,750 | |||
| Technip S.A. |
15,918 | 880,282 | |||
| TOTAL S.A. |
55,134 | 3,297,566 | |||
| Total France | 5,160,598 | ||||
| Greece – 2.2% | |||||
| Motor Oil (Hellas) Corinth Refineries S.A. |
64,214 | 950,689 | |||
| Hong Kong – 3.9% | |||||
| CNOOC Ltd. |
1,461,318 | 1,665,647 | |||
| Italy – 11.9% | |||||
| Eni SpA |
112,144 | 2,929,930 | |||
| ERG SpA |
4,302 | 70,097 | |||
| Gas Plus |
1,289 | 12,040 | |||
| Saipem SpA |
33,051 | 970,748 | |||
| Saras SpA |
249,893 | 1,029,343 | |||
| Total Italy | 5,012,158 | ||||
| Japan – 6.1% | |||||
| AOC Holdings, Inc. |
600 | 4,657 | |||
| Cosmo Oil Co., Ltd. |
27,000 | 63,072 | |||
| Idemitsu Kosan Co., Ltd. |
800 | 63,825 | |||
| Itochu Enex Co., Ltd. |
2,900 | 18,494 | |||
| Mitsuuroko Co., Ltd. |
800 | 4,702 | |||
| Nippon Oil Corp. |
218,000 | 1,078,039 | |||
| San-Ai Oil Co., Ltd. |
1,000 | 3,155 | |||
| Showa Shell Sekiyu K.K. |
14,300 | 136,582 | |||
| Sinanen Co., Ltd. |
2,000 | 7,535 | |||
| TonenGeneral Sekiyu K.K. |
148,250 | 1,205,103 | |||
| Total Japan | 2,585,164 | ||||
| Netherlands – 2.1% | |||||
| Fugro N.V. |
1,798 | 104,685 | |||
| SBM Offshore N.V. |
36,568 | 771,506 | |||
| Total Netherlands | 876,191 | ||||
| Investments | Shares | U.S. $ Value | |||
| New Zealand – 0.3% | |||||
| New Zealand Oil & Gas Ltd. |
9,690 | $ | 8,284 | ||
| New Zealand Refining Co., Ltd. (The) |
29,647 | 128,708 | |||
| Total New Zealand | 136,992 | ||||
| Norway – 7.1% | |||||
| Aker ASA Class A |
28,320 | 864,598 | |||
| Statoil ASA |
89,843 | 2,110,717 | |||
| Total Norway | 2,975,315 | ||||
| Portugal – 2.3% | |||||
| Galp Energia SGPS S.A. Class B |
59,838 | 978,359 | |||
| Singapore – 2.3% | |||||
| CH Offshore Ltd. |
12,000 | 4,323 | |||
| Singapore Petroleum Co., Ltd. |
299,753 | 977,022 | |||
| Total Singapore | 981,345 | ||||
| Spain – 7.3% | |||||
| Cia Espanola de Petroleos S.A. |
12,818 | 1,253,135 | |||
| Repsol YPF, S.A. |
61,696 | 1,811,221 | |||
| Total Spain | 3,064,356 | ||||
| United Kingdom – 26.3% | |||||
| BG Group PLC |
70,731 | 1,277,133 | |||
| BP PLC |
394,889 | 3,265,954 | |||
| Hellenic Petroleum S.A. |
89,259 | 937,825 | |||
| Hunting PLC |
1,413 | 15,338 | |||
| JKX Oil & Gas PLC |
1,256 | 6,218 | |||
| John Wood Group PLC |
4,470 | 26,970 | |||
| Royal Dutch Shell PLC Class A |
97,997 | 2,826,235 | |||
| Royal Dutch Shell PLC Class B |
93,649 | 2,634,069 | |||
| Tullow Oil PLC |
5,390 | 68,501 | |||
| Venture Production PLC |
2,231 | 24,178 | |||
| Total United Kingdom | 11,082,421 | ||||
| TOTAL COMMON STOCKS (Cost: $56,764,794) |
41,909,641 | ||||
| WARRANTS* – 0.0% | |||||
| Australia – 0.0% | |||||
| Beach Petroleum Ltd., expiring 6/30/10 (Cost: $0) |
1,182 | 65 | |||
| TOTAL INVESTMENTS IN SECURITIES – 99.3% (Cost: $56,764,794)(a) |
41,909,706 | ||||
| Cash, Foreign Currency and Other Assets in Excess of Liabilities – 0.7% |
277,370 | ||||
| NET ASSETS – 100.0% | $ | 42,187,076 | |||
| * | Non-income producing security. |
| (a) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 24 | WisdomTree International Dividend Sector Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International Financial Sector Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 98.6% | |||||
| Australia – 14.4% | |||||
| AMP Ltd. |
17,230 | $ | 94,865 | ||
| ASX Ltd. |
1,412 | 33,581 | |||
| Australia & New Zealand Banking Group Ltd. |
19,346 | 286,127 | |||
| Australian Wealth Management Ltd. |
5,181 | 4,925 | |||
| AXA Asia Pacific Holdings Ltd. |
8,582 | 34,051 | |||
| Babcock & Brown Infrastructure Group |
21,692 | 5,647 | |||
| Babcock & Brown Ltd. |
2,763 | 4,239 | |||
| Bank of Queensland Ltd. |
1,011 | 10,487 | |||
| Becton Property Group |
1,844 | 756 | |||
| Bendigo and Adelaide Bank Ltd. |
2,004 | 18,337 | |||
| Challenger Diversified Property Group |
3,907 | 1,849 | |||
| Challenger Financial Services Group Ltd. |
4,889 | 9,217 | |||
| Commonwealth Bank of Australia |
12,186 | 409,677 | |||
| Count Financial Ltd. |
1,464 | 1,617 | |||
| Emeco Holdings Ltd. |
4,101 | 2,588 | |||
| FKP Property Group |
1,618 | 4,914 | |||
| FlexiGroup Ltd. |
10,859 | 4,026 | |||
| Galileo Japan Trust |
7,577 | 1,673 | |||
| HFA Holdings Ltd. |
1,898 | 943 | |||
| Insurance Australia Group Ltd. |
20,802 | 67,275 | |||
| IOOF Holdings Ltd. |
597 | 2,623 | |||
| Lend Lease Corp. Ltd. |
4,056 | 29,370 | |||
| Macquarie Group Ltd. |
2,769 | 80,815 | |||
| Macquarie Media Group Ltd |
1,156 | 2,416 | |||
| Mirvac Real Estate Investment Trust |
10,316 | 5,045 | |||
| Mortgage Choice Ltd. |
2,256 | 1,780 | |||
| National Australia Bank Ltd. |
16,985 | 325,030 | |||
| Octaviar Ltd. |
1,501 | 1,172 | |||
| Peet Ltd. |
2,133 | 3,802 | |||
| Perpetual Ltd. |
465 | 17,166 | |||
| QBE Insurance Group Ltd. |
6,057 | 126,611 | |||
| St.George Bank Ltd. |
4,800 | 108,287 | |||
| Suncorp-Metway Ltd. |
9,433 | 69,199 | |||
| Sunland Group Ltd. |
2,991 | 5,686 | |||
| Timbercorp Ltd. |
3,966 | 1,924 | |||
| Trinity Group |
3,443 | 1,820 | |||
| Westpac Banking Corp. |
17,485 | 296,256 | |||
| Westpac Office Trust |
7,290 | 2,041 | |||
| Total Australia | 2,077,837 | ||||
| Austria – 0.4% | |||||
| Bank Austria Creditanstalt AG(a) |
571 | — | |||
| Erste Bank der Oesterreichischen |
515 | 24,921 | |||
| IMMOFINANZ AG |
2,364 | 8,102 | |||
| Raiffeisen International Bank Holdiing AG |
153 | 10,739 | |||
| Uniqa Versicherungen AG |
183 | 4,627 | |||
| Vienna Insurance Group |
243 | 11,950 | |||
| Total Austria | 60,339 | ||||
| Belgium – 1.7% | |||||
| Cofinimmo |
53 | 9,157 | |||
| Dexia N.V. |
8,565 | 90,231 | |||
| Investments | Shares | U.S. $ Value | |||
| KBC Groep N.V. |
1,752 | $ | 146,992 | ||
| Total Belgium | 246,380 | ||||
| Denmark – 0.9% | |||||
| Danske Bank A/S |
3,934 | 92,392 | |||
| Sydbank A/S |
50 | 1,471 | |||
| TrygVesta A/S |
476 | 29,930 | |||
| Total Denmark | 123,793 | ||||
| Finland – 0.8% | |||||
| Citycon Oyj |
1,006 | 3,250 | |||
| Pohjola Bank PLC Class A |
1,250 | 17,804 | |||
| Ramirent Oyj |
580 | 3,576 | |||
| Sampo Oyj Class A |
3,941 | 87,576 | |||
| Technopolis Oyj |
630 | 4,318 | |||
| Total Finland | 116,524 | ||||
| France – 13.1% | |||||
| ABC Arbitrage |
339 | 2,324 | |||
| Altamir Amboise |
460 | 3,521 | |||
| AXA S.A. |
15,480 | 497,828 | |||
| BNP Paribas |
6,609 | 613,444 | |||
| CNP Assurances |
701 | 78,241 | |||
| Credit Agricole S.A. |
19,314 | 363,670 | |||
| Euler Hermes S.A. |
583 | 40,479 | |||
| Fonciere Des Regions |
301 | 30,991 | |||
| ICADE |
215 | 17,214 | |||
| Klepierre |
840 | 32,305 | |||
| Natixis |
12,925 | 41,575 | |||
| Nexity |
613 | 9,609 | |||
| SCOR SE |
1,179 | 22,523 | |||
| Societe Fonciere Financiere et de |
82 | 5,560 | |||
| Societe Generale |
1,228 | 106,944 | |||
| Societe Immobiliere de Location pour |
71 | 8,677 | |||
| Wendel |
180 | 14,057 | |||
| Total France | 1,888,962 | ||||
| Germany – 6.1% | |||||
| Aareal Bank AG |
76 | 863 | |||
| Allianz SE |
2,063 | 278,999 | |||
| AMB Generali Holding AG |
138 | 21,439 | |||
| Comdirect Bank AG |
500 | 3,666 | |||
| Commerzbank AG |
3,300 | 48,208 | |||
| DAB Bank AG |
1,246 | 6,161 | |||
| Deutsche Bank AG |
3,936 | 273,864 | |||
| Deutsche Boerse AG |
495 | 44,409 | |||
| Deutsche Postbank AG |
486 | 18,200 | |||
| Hannover Rueckversicherung AG |
586 | 21,163 | |||
| Hypo Real Estate Holding AG |
523 | 3,049 | |||
| MLP AG |
719 | 13,129 | |||
| MPC Munchmeyer Petersen Capital AG |
108 | 1,972 | |||
| Muenchener Ruckversicherungs – Gesellschaft AG |
926 | 138,148 | |||
| Sixt AG |
14 | 299 | |||
| Vivacon AG |
329 | 3,110 | |||
| Total Germany | 876,679 | ||||
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 25 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree International Financial Sector Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Hong Kong – 3.6% | |||||
| Allied Properties HK Ltd. |
4,000 | $ | 515 | ||
| Bank of East Asia Ltd. |
6,600 | 20,401 | |||
| BOC Hong Kong (Holdings) Ltd. |
45,500 | 79,698 | |||
| Champion Real Estate Investment Trust |
27,000 | 10,990 | |||
| Cheung Kong (Holdings) Ltd. |
5,000 | 55,543 | |||
| China Everbright Ltd. |
2,000 | 3,096 | |||
| China Overseas Land & Investment Ltd. |
10,000 | 11,849 | |||
| Dah Sing Banking Group Ltd. |
1,600 | 1,642 | |||
| Dah Sing Financial Holdings Ltd. |
400 | 1,669 | |||
| Fubon Bank Hong Kong Ltd. |
4,000 | 1,546 | |||
| Guangzhou Investment Co., Ltd. |
22,000 | 2,097 | |||
| Hang Seng Bank Ltd. |
7,300 | 135,670 | |||
| Henderson Investment Ltd. |
32,000 | 1,484 | |||
| Hong Kong Exchanges and Clearing Ltd. |
4,300 | 51,560 | |||
| Hopewell Holdings Ltd. |
4,000 | 14,322 | |||
| Industrial and Commercial Bank of China Asia Ltd. |
4,000 | 7,171 | |||
| Liu Chong Hing Bank Ltd. |
1,000 | 1,803 | |||
| Regal Real Estate Investment Trust |
21,000 | 3,110 | |||
| Shenzhen Investment Ltd. |
22,000 | 3,202 | |||
| Sino Land Co. |
14,000 | 15,326 | |||
| Sun Hung Kai & Co., Ltd. |
8,000 | 3,606 | |||
| Sun Hung Kai Properties Ltd. |
6,000 | 60,586 | |||
| Sunlight Real Estate Investment Trust |
7,000 | 1,461 | |||
| Tian An China Investment |
2,000 | 739 | |||
| Wharf Holdings Ltd. |
5,000 | 14,006 | |||
| Wing Hang Bank Ltd. |
1,000 | 7,605 | |||
| Wing Lung Bank |
500 | 9,988 | |||
| Total Hong Kong | 520,685 | ||||
| Ireland – 1.0% | |||||
| Allied Irish Banks PLC |
6,579 | 54,523 | |||
| Anglo Irish Bank Corp. PLC |
2,461 | 13,288 | |||
| Bank of Ireland |
9,501 | 52,715 | |||
| FBD A Shares |
159 | 335 | |||
| FBD Holdings PLC |
159 | 2,578 | |||
| Irish Life & Permanent PLC |
2,264 | 15,424 | |||
| Total Ireland | 138,863 | ||||
| Italy – 11.7% | |||||
| Alleanza Assicurazioni SpA |
5,362 | 48,617 | |||
| Anima SGRpA |
1,062 | 2,124 | |||
| Assicurazioni Generali SpA |
4,958 | 162,824 | |||
| Azimut Holding SpA |
319 | 2,174 | |||
| Banca Carige SpA |
4,554 | 14,777 | |||
| Banca Generali SpA |
341 | 1,989 | |||
| Banca Intermobiliare SpA |
727 | 3,676 | |||
| Banca Monte dei Paschi di Siena SpA |
71,679 | 175,190 | |||
| Banca Popolare dell’Etruria e del Lazio |
655 | 5,079 | |||
| Banca Popolare di Milano S.c.r.l. |
2,176 | 18,125 | |||
| Banca Popolare di Sondrio S.c.r.l. |
579 | 5,774 | |||
| Banco di Desio e della Brianza SpA |
854 | 5,770 | |||
| Credito Artigiano SpA |
2,548 | 8,089 | |||
| Credito Emiliano SpA |
1,398 | 11,733 | |||
| Investments | Shares | U.S. $ Value | |||
| Ergo Previdenza SpA |
965 | $ | 5,913 | ||
| Fondiaria-Sai SpA |
671 | 15,589 | |||
| Fondiaria-Sai SpA RSP |
268 | 4,465 | |||
| Gruppo MutuiOnline SpA |
447 | 2,350 | |||
| IFIL – Investments SpA RSP |
574 | 1,903 | |||
| IFIL – Investments SpA |
2,192 | 9,730 | |||
| Intesa Sanpaolo |
110,200 | 595,178 | |||
| Intesa Sanpaolo SpA RSP |
8,480 | 39,903 | |||
| Mediobanca SpA |
4,535 | 60,484 | |||
| Mediolanum SpA |
4,478 | 20,112 | |||
| Meliorbanca SpA |
748 | 2,966 | |||
| Milano Assicurazioni SpA |
3,614 | 15,775 | |||
| Piccolo Credito Valtellinese S.c.r.l. |
883 | 7,268 | |||
| Pirelli & C Real Estate SpA |
646 | 8,148 | |||
| Premafin Finanziaria SpA |
1,567 | 2,804 | |||
| Societa Cattolica di Assicurazioni S.c.r.l. |
252 | 11,497 | |||
| Tamburi Investment Partners SpA |
515 | 1,248 | |||
| UniCredito SpA |
84,440 | 308,086 | |||
| Unione di Banche Italiane SCPA |
3,809 | 82,502 | |||
| Unipol Gruppo Finanziario SpA |
11,609 | 24,411 | |||
| Vittoria Assicurazioni SpA |
59 | 878 | |||
| Total Italy | 1,687,151 | ||||
| Japan – 4.9% | |||||
| Aioi Insurance Co., Ltd. |
2,000 | 9,589 | |||
| Bank of Kyoto Ltd. (The) |
2,000 | 19,781 | |||
| Bank of Yokohama Ltd. (The) |
2,000 | 9,457 | |||
| Century Leasing System, Inc. |
400 | 3,372 | |||
| Daiwa Securities Group Inc. |
1,000 | 6,951 | |||
| Eighteenth Bank Ltd. (The) |
2,000 | 5,105 | |||
| Hiroshima Bank Ltd. (The) |
4,000 | 14,430 | |||
| Hokuhoku Financial Group, Inc. |
4,000 | 8,590 | |||
| Hyakujushi Bank Ltd. (The) |
3,000 | 16,474 | |||
| Leopalace21 Corp. |
400 | 3,029 | |||
| Matsui Securities Co., Ltd. |
200 | 1,413 | |||
| Mitsubishi Estate Co., Ltd. |
1,000 | 18,934 | |||
| Mitsubishi UFJ Financial Group, Inc. |
13,760 | 115,741 | |||
| Mitsui Sumitomo Insurance Group Holdings, Inc. |
900 | 29,586 | |||
| Mizuho Financial Group, Inc. |
19 | 79,103 | |||
| Mizuho Investors Securities Co., Ltd. |
11,000 | 8,807 | |||
| Mizuho Trust & Banking Co., Ltd. |
4,000 | 5,237 | |||
| Nishi-Nippon City Bank Ltd. (The) |
5,000 | 12,057 | |||
| Nomura Holdings, Inc. |
4,400 | 54,956 | |||
| Nomura Real Estate Holdings, Inc. |
100 | 2,303 | |||
| Oita Bank Ltd. (The) |
3,000 | 15,429 | |||
| Okasan Holdings, Inc. |
3,000 | 14,129 | |||
| Resona Holdings, Inc. |
16 | 20,511 | |||
| Sankei Building Co., Ltd. |
100 | 437 | |||
| Shinko Securities Co., Ltd. |
2,000 | 5,426 | |||
| Shinsei Bank Ltd. |
5,000 | 14,694 | |||
| Sompo Japan Insurance, Inc. |
1,000 | 8,167 | |||
| Sumitomo Mitsui Financial Group, Inc. |
11 | 65,276 | |||
| Sumitomo Real Estate Sales Co., Ltd. |
50 | 1,354 | |||
| Sumitomo Trust & Banking Co., Ltd. (The) |
3,000 | 18,933 | |||
See Notes to Financial Statements.
| 26 | WisdomTree International Dividend Sector Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree International Financial Sector Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Suruga Bank Ltd. |
1,832 | $ | 20,638 | ||
| T&D Holdings, Inc. |
450 | 23,143 | |||
| Tokai Tokyo Securities Co., Ltd. |
4,000 | 13,225 | |||
| Tokio Marine Holdings, Inc. |
1,100 | 38,751 | |||
| Tokyu Land Corp. |
2,000 | 7,140 | |||
| Tokyu Livable, Inc. |
300 | 1,486 | |||
| Toyo Securities Co., Ltd. |
2,000 | 4,578 | |||
| Yamaguchi Financial Group, Inc. |
1,000 | 11,868 | |||
| Total Japan | 710,100 | ||||
| Netherlands – 3.0% | |||||
| AEGON N.V. |
11,510 | 100,239 | |||
| ING Groep N.V. |
14,947 | 313,459 | |||
| Plaza Centers N.V. |
1,929 | 2,501 | |||
| SNS Reaal |
1,442 | 16,123 | |||
| Total Netherlands | 432,322 | ||||
| Norway – 0.6% | |||||
| ABG Sundal Collier Holding ASA |
7,927 | 6,972 | |||
| Acta Holding ASA |
5,881 | 2,984 | |||
| DnB NOR ASA |
8,500 | 63,833 | |||
| Norwegian Property ASA |
800 | 1,353 | |||
| SpareBank 1 SMN |
600 | 3,856 | |||
| Sparebanken 1 Nord-Norge |
350 | 3,611 | |||
| Sparebanken 1 SR Bank |
800 | 5,209 | |||
| Storebrand ASA |
1,103 | 6,362 | |||
| Total Norway | 94,180 | ||||
| Portugal – 0.3% | |||||
| Banco BPI, S.A. |
5,133 | 15,574 | |||
| Banco Espirito Santo, S.A. |
2,421 | 29,416 | |||
| Banif SGPS SA |
1,547 | 3,607 | |||
| Total Portugal | 48,597 | ||||
| Singapore – 1.9% | |||||
| Allco Commercial Real Estate Investment Trust |
7,000 | 2,473 | |||
| Ascott Residence Trust |
3,000 | 1,479 | |||
| Cambridge Industrial Trust |
2,000 | 609 | |||
| CapitaLand Ltd. |
6,000 | 12,842 | |||
| City Developments Ltd. |
1,000 | 6,148 | |||
| DBS Group Holdings Ltd. |
6,466 | 75,890 | |||
| Frasers Centrepoint Trust |
2,000 | 1,147 | |||
| Guocoland Ltd. |
4,000 | 5,120 | |||
| Ho Bee Investment Ltd. |
8,000 | 3,385 | |||
| Keppel Land Ltd. |
1,000 | 1,979 | |||
| K1 Ventures Ltd |
13,000 | 2,000 | |||
| K-REIT Asia |
5,000 | 3,357 | |||
| Kim Eng Holdings Ltd. |
2,000 | 1,693 | |||
| Macarthurcook Industrial Real Estate Investment Trust |
2,000 | 685 | |||
| Orchard Parade Holdings Ltd. |
3,000 | 1,469 | |||
| Oversea-Chinese Banking Corp. Ltd. |
9,000 | 45,135 | |||
| Singapore Exchange Ltd. |
5,000 | 21,438 | |||
| Tat Hong Holdings Ltd. |
2,000 | 1,497 | |||
| United Overseas Bank Ltd. |
6,139 | 72,138 | |||
| UOB-Kay Hian Holdings Ltd. |
8,000 | 6,994 | |||
| Investments | Shares | U.S. $ Value | |||
| Wing Tai Holdings Ltd. |
4,000 | $ | 2,630 | ||
| Yanlord Land Group Ltd. |
1,000 | 637 | |||
| Total Singapore | 270,745 | ||||
| Spain – 7.4% | |||||
| Banco Bilbao Vizcaya Argentaria Chile, S.A. |
20,533 | 330,526 | |||
| Banco de Sabadell S.A. |
5,791 | 44,332 | |||
| Banco de Velencia S.A. |
489 | 5,900 | |||
| Banco Espanol de Credito S.A. |
3,694 | 49,293 | |||
| Banco Guipuzcoano S.A. |
53 | 499 | |||
| Banco Pastor S.A. |
204 | 1,734 | |||
| Banco Popular Espanol, S.A. |
6,385 | 74,350 | |||
| Banco Santander S.A. |
32,900 | 485,236 | |||
| Bankinter, S.A. |
1,340 | 16,488 | |||
| Bolsas y Mercados Espanoles |
566 | 14,334 | |||
| Grupo Catalana Occidente S.A. |
236 | 4,913 | |||
| Mapfre S.A. |
10,203 | 43,998 | |||
| Realia Business S.A. |
461 | 1,794 | |||
| Renta Corp Real Estate S.A. |
311 | 1,765 | |||
| Total Spain | 1,075,162 | ||||
| Sweden – 2.7% | |||||
| Castellum AB |
500 | 4,267 | |||
| D. Carnegie & Co. AB |
991 | 7,106 | |||
| Fabege AB |
1,600 | 8,812 | |||
| Investment AB Class B |
400 | 4,618 | |||
| Kungsleden AB |
2,000 | 12,506 | |||
| Lundbergforetagen AB |
113 | 4,295 | |||
| Nordea Bank AB |
13,422 | 156,111 | |||
| Ratos AB Class B |
678 | 15,071 | |||
| Skandinaviska Enskilda Banken |
100 | 1,413 | |||
| Skandinaviska Enskilda Banken AB Class A |
3,500 | 52,580 | |||
| Svenska Handelsbanken AB Class A |
3,600 | 78,477 | |||
| Swedbank AB Class A |
3,500 | 44,046 | |||
| Total Sweden | 389,302 | ||||
| Switzerland – 4.5% | |||||
| Baloise Holding AG |
216 | 14,487 | |||
| Credit Suisse Group AG |
5,784 | 257,412 | |||
| EFG International AG |
506 | 14,441 | |||
| Helvetia Holding AG |
15 | 3,746 | |||
| Julius Baer Holdings AG |
373 | 18,097 | |||
| Partners Group Holding AG |
157 | 19,603 | |||
| Swiss Reinsurance Co. |
1,929 | 104,428 | |||
| Vontobel Holding AG |
511 | 16,179 | |||
| Zurich Financial Services AG |
757 | 206,592 | |||
| Total Switzerland | 654,985 | ||||
| United Kingdom – 19.6% | |||||
| Aberdeen Asset Management PLC |
2,181 | 4,898 | |||
| Admiral Group PLC |
703 | 12,719 | |||
| Alliance & Leicester PLC |
8,135 | 38,824 | |||
| Amlin PLC |
2,888 | 16,215 | |||
| Ashmore Group PLC |
2,812 | 9,774 | |||
| Ashtead Group PLC |
2,349 | 2,795 | |||
| Aviva PLC |
17,123 | 146,500 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 27 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree International Financial Sector Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Barclays PLC |
80,641 | $ | 469,306 | ||
| Beazley Group PLC |
2,324 | 4,867 | |||
| Big Yellow Group PLC |
739 | 4,281 | |||
| Bluebay Asset Management PLC |
284 | 1,216 | |||
| Brewin Dolphin Holdings PLC |
1,399 | 3,111 | |||
| Brit Insurance Holdings PLC |
4,084 | 13,103 | |||
| Chesnara PLC |
3,183 | 6,525 | |||
| Close Brothers Group PLC |
983 | 9,733 | |||
| Collins Stewart PLC |
4,173 | 4,760 | |||
| Development Securities PLC |
356 | 2,454 | |||
| DTZ Holdings PLC |
1,146 | 2,594 | |||
| Evolution Group PLC |
2,807 | 4,741 | |||
| F&C Asset Management PLC |
4,268 | 5,649 | |||
| Friends Provident PLC |
17,455 | 29,277 | |||
| Hammerson PLC |
957 | 16,563 | |||
| Helphire PLC |
1,234 | 3,035 | |||
| Henderson Group PLC |
3,703 | 7,194 | |||
| Highway Insurance Holdings PLC |
4,146 | 5,192 | |||
| HSBC Holdings PLC |
74,370 | 1,194,373 | |||
| ICAP PLC |
1,877 | 11,877 | |||
| IG Group Holdings PLC |
490 | 2,740 | |||
| Investec PLC |
3,291 | 17,730 | |||
| Jardine Lloyd Thompson Group PLC |
2,080 | 16,387 | |||
| Lavendon Group PLC |
596 | 2,550 | |||
| Legal & General Group PLC |
36,903 | 65,778 | |||
| Lloyds TSB Group PLC |
68,131 | 275,062 | |||
| London Stock Exchange Group PLC |
765 | 11,768 | |||
| Man Group PLC |
5,892 | 35,366 | |||
| Mucklow A & J Group PLC |
434 | 2,166 | |||
| New Star Asset Management Group PLC |
1,904 | 2,248 | |||
| Northgate PLC |
615 | 2,231 | |||
| Old Mutual PLC |
37,875 | 51,983 | |||
| Provident Financial PLC |
1,301 | 19,746 | |||
| Prudential PLC |
8,582 | 77,632 | |||
| ROK PLC |
1,191 | 1,613 | |||
| RSA Insurance Group PLC |
18,162 | 48,236 | |||
| Schroders PLC |
823 | 14,860 | |||
| Schroders PLC |
148 | 2,241 | |||
| Shore Capital Group PLC |
5,394 | 2,211 | |||
| Speedy Hire PLC |
219 | 1,600 | |||
| St. James’s Place PLC |
715 | 2,740 | |||
| Standard Chartered PLC |
4,091 | 98,077 | |||
| Standard Life PLC |
11,700 | 50,051 | |||
| Unite Group PLC |
567 | 2,294 | |||
| Total United Kingdom | 2,838,886 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 98.6% (Cost $20,575,917)(b) |
14,251,492 | ||||
| Cash, Foreign Currency and Other Assets in Excess of Liabilities – 1.4% |
207,987 | ||||
| NET ASSETS – 100.0% | $ | 14,459,479 | |||
RSP – Risparmio Italy Savings Shares.
| (a) |
Escrow Security – additional shares that were issued as a result of a corporate action. |
| (b) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 28 | WisdomTree International Dividend Sector Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International Health Care Sector Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.4% | |||||
| Australia – 6.6% | |||||
| Aevum Ltd. |
3,129 | $ | 4,319 | ||
| Babcock & Brown Communities Ltd. |
46,549 | 15,238 | |||
| Cochlear Ltd. |
5,472 | 255,957 | |||
| CSL Ltd. |
8,483 | 249,589 | |||
| Healthscope Ltd. |
49,074 | 178,064 | |||
| Primary Health Care Ltd. |
52,118 | 211,720 | |||
| Ramsay Health Care Ltd. |
22,365 | 177,297 | |||
| Sigma Pharmaceuticals Ltd. |
215,517 | 203,150 | |||
| Sonic Healthcare Ltd. |
21,895 | 226,247 | |||
| Vision Group Holdings Ltd. |
4,332 | 4,032 | |||
| Total Australia | 1,525,613 | ||||
| Belgium – 1.4% | |||||
| UCB S.A. |
9,172 | 320,669 | |||
| Denmark – 4.2% | |||||
| Coloplast A/S Class B |
2,143 | 156,334 | |||
| H. Lundbeck A/S |
9,041 | 170,631 | |||
| Novo-Nordisk A/S Class B |
8,882 | 453,146 | |||
| Novozymes A/S Class B |
2,112 | 184,886 | |||
| Total Denmark | 964,997 | ||||
| Finland – 0.9% | |||||
| Oriola-KD Oyj |
1,391 | 3,908 | |||
| Orion Oyj Class B |
12,621 | 211,851 | |||
| Total Finland | 215,759 | ||||
| France – 12.3% | |||||
| BioMerieux |
1,723 | 147,923 | |||
| Cie Generale D’Optique Essilor International S.A. |
5,510 | 271,738 | |||
| Ipsen |
3,911 | 174,916 | |||
| Sanofi-Aventis |
34,190 | 2,235,563 | |||
| Stallergenes |
69 | 4,299 | |||
| Total France | 2,834,439 | ||||
| Germany – 7.0% | |||||
| ALTANA AG |
10,956 | 160,973 | |||
| Carl Zeiss Meditec AG |
775 | 11,038 | |||
| Celesio AG |
7,816 | 337,157 | |||
| Fresenius AG |
2,366 | 172,451 | |||
| Fresenius Medical Care AG & Co. KGaA |
5,981 | 308,073 | |||
| Gerresheimer AG |
229 | 10,361 | |||
| Merck KGaA |
3,121 | 330,547 | |||
| Rhoen-Klinikum AG |
5,888 | 170,374 | |||
| Stada Arzneimittel AG |
2,819 | 111,981 | |||
| Total Germany | 1,612,955 | ||||
| Ireland – 0.1% | |||||
| United Drug PLC |
3,891 | 20,660 | |||
| Italy – 0.7% | |||||
| Amplifon SpA |
2,844 | 7,151 | |||
| Recordati SpA |
27,250 | 166,504 | |||
| Total Italy | 173,655 | ||||
| Japan – 23.8% | |||||
| Alfresa Holdings Corp. |
2,600 | 124,165 | |||
| Investments | Shares | U.S. $ Value | |||
| Astellas Pharma, Inc. |
13,400 | $ | 551,575 | ||
| Chugai Pharmaceutical Co., Ltd. |
13,500 | 216,427 | |||
| Daiichi Sankyo Co., Ltd |
20,400 | 517,854 | |||
| Dainippon Sumitomo Pharma Co., Ltd. |
26,000 | 210,371 | |||
| Eisai Co., Ltd. |
12,500 | 481,562 | |||
| Fuso Pharmaceutical Industries Ltd. |
1,000 | 2,920 | |||
| Hisamitsu Pharmaceutical Co., Inc. |
4,900 | 212,773 | |||
| Hogy Medical Co., Ltd. |
100 | 4,531 | |||
| Kaken Pharmaceutical Co., Ltd. |
3,000 | 23,341 | |||
| Kobayashi Pharmaceutical Co., Ltd. |
500 | 15,118 | |||
| Kyorin Co., Ltd. |
2,000 | 23,228 | |||
| Kyowa Hakko Kogyo Co., Ltd. |
24,000 | 247,313 | |||
| Mediceo Paltac Holdings Co., Ltd. |
10,700 | 129,309 | |||
| Miraca Holdings, Inc. |
900 | 17,294 | |||
| Mitsubishi Tanabe Pharma Corp. |
21,000 | 288,202 | |||
| Mochida Pharmaceutical Co., Ltd. |
2,000 | 20,402 | |||
| Nichii Gakkan Co. |
300 | 3,546 | |||
| Nihon Kohden Corp. |
800 | 14,649 | |||
| Nippon Shinyaku Co., Ltd. |
1,000 | 9,419 | |||
| Nipro Corp. |
11,000 | 184,948 | |||
| Olympus Corp. |
7,000 | 199,783 | |||
| Paramount Bed Co., Ltd. |
700 | 9,231 | |||
| Sawai Pharmaceutical Co., Ltd. |
100 | 3,918 | |||
| Seikagaku Corp. |
1,000 | 9,617 | |||
| Shionogi & Co., Ltd. |
11,000 | 220,176 | |||
| SSP Co., Ltd. |
3,000 | 14,553 | |||
| Suzuken Co., Ltd. |
5,400 | 163,274 | |||
| Sysmex Corp. |
400 | 17,595 | |||
| Taisho Pharmaceutical Co., Ltd. |
13,000 | 254,086 | |||
| Takeda Pharmaceutical Co., Ltd. |
21,600 | 1,068,149 | |||
| Terumo Corp. |
4,000 | 205,341 | |||
| Toho Pharmaceutical Co., Ltd. |
500 | 7,003 | |||
| Topcon Corp. |
1,300 | 8,351 | |||
| Towa Pharmaceutical Co., Ltd. |
100 | 3,570 | |||
| Tsumura & Co. |
500 | 12,622 | |||
| Total Japan | 5,496,216 | ||||
| Netherlands – 0.5% | |||||
| OPG Groep N.V. |
8,647 | 118,181 | |||
| New Zealand – 1.1% | |||||
| Fisher & Paykel Healthcare Corp. |
124,706 | 244,043 | |||
| Ryman Healthcare Ltd. |
12,924 | 13,897 | |||
| Total New Zealand | 257,940 | ||||
| Singapore – 0.8% | |||||
| Parkway Holdings Ltd. |
135,000 | 177,520 | |||
| Raffles Medical Group Ltd. |
6,000 | 3,987 | |||
| Total Singapore | 181,507 | ||||
| Spain – 0.1% | |||||
| FAES FARMA, S.A. |
1,670 | 12,550 | |||
| Grifols S.A. |
425 | 10,746 | |||
| Total Spain | 23,296 | ||||
| Sweden – 0.9% | |||||
| Elekta AB Class B |
578 | 9,678 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 29 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree International Health Care Sector Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Getinge AB Class B |
8,127 | $ | 164,341 | ||
| Meda AB Class A |
2,046 | 19,513 | |||
| Q-Med AB |
3,012 | 12,916 | |||
| Total Sweden | 206,448 | ||||
| Switzerland – 19.7% | |||||
| Galenica AG |
506 | 179,610 | |||
| Lonza Group AG |
1,566 | 194,973 | |||
| Nobel Biocare Holding AG |
6,663 | 220,228 | |||
| Novartis AG |
37,314 | 1,948,481 | |||
| Roche Holding AG |
10,613 | 1,651,700 | |||
| Sonova Holding AG |
2,354 | 151,160 | |||
| Straumann Holding AG |
745 | 204,647 | |||
| Tecan Group AG |
24 | 1,188 | |||
| Total Switzerland | 4,551,987 | ||||
| United Kingdom – 19.3% | |||||
| AstraZeneca PLC |
42,295 | 1,854,561 | |||
| Consort Medical PLC |
565 | 5,368 | |||
| Dechra Pharmaceuticals PLC |
1,221 | 8,896 | |||
| GlaxoSmithKline PLC |
106,768 | 2,304,637 | |||
| Goldshield Group PLC |
510 | 2,045 | |||
| Hikma Pharmaceuticals PLC |
985 | 7,027 | |||
| Smith & Nephew PLC |
20,675 | 217,796 | |||
| Southern Cross Healthcare Ltd. |
27,710 | 50,874 | |||
| Total United Kingdom | 4,451,204 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 99.4% (Cost: $26,842,173)(a) |
22,955,526 | ||||
| Cash, Foreign Currency and Other Assets in |
146,871 | ||||
| NET ASSETS – 100.0% | $ | 23,102,397 | |||
| (a) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 30 | WisdomTree International Dividend Sector Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International Industrial Sector Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.3% | |||||
| Australia – 10.4% | |||||
| Amcor Ltd. |
39,522 | $ | 168,345 | ||
| Ansell Ltd. |
2,891 | 28,961 | |||
| Ausdrill Ltd. |
5,184 | 7,299 | |||
| Austal Ltd. |
14,342 | 26,925 | |||
| Bradken Ltd. |
6,333 | 43,461 | |||
| Brambles Ltd. |
39,977 | 242,810 | |||
| Cabcharge Australia Ltd. |
2,171 | 11,679 | |||
| Coffey International Ltd. |
4,873 | 9,225 | |||
| ConnectEast Group |
59,213 | 38,066 | |||
| Crane Group Ltd. |
4,339 | 37,580 | |||
| CSR Ltd. |
68,565 | 134,129 | |||
| GWA International Ltd. |
24,132 | 53,299 | |||
| Hills Industries Ltd. |
14,485 | 48,674 | |||
| Leighton Holdings Ltd. |
6,040 | 178,901 | |||
| Macquarie Airports |
122,911 | 261,771 | |||
| Macquarie Infrastructure Group |
42,569 | 77,566 | |||
| Monadelphous Group Ltd. |
3,793 | 35,903 | |||
| Pacific Magazines Ltd. |
23,885 | 23,174 | |||
| Qantas Airways Ltd. |
181,662 | 448,513 | |||
| Regional Express Holdings Ltd. |
20,204 | 16,256 | |||
| Spotless Group Ltd. |
3,435 | 8,887 | |||
| Toll Holdings Ltd. |
20,852 | 114,150 | |||
| Transfield Services Ltd. |
9,821 | 58,798 | |||
| Transpacific Industries Group Ltd. |
4,793 | 26,465 | |||
| Transurban Group |
70,307 | 309,457 | |||
| United Group Ltd. |
5,675 | 57,030 | |||
| Wattyl Ltd. |
1,697 | 1,606 | |||
| Wesfarmers Ltd. |
31,533 | 708,390 | |||
| WHK Group Ltd. |
22,659 | 18,588 | |||
| Total Australia | 3,195,908 | ||||
| Austria – 0.8% | |||||
| Andritz AG |
873 | 36,788 | |||
| BWT AG |
734 | 17,476 | |||
| Flughafen Wien AG |
732 | 45,714 | |||
| Mayr Melnhof Karton AG |
222 | 16,805 | |||
| Oesterreichische Post AG |
1,565 | 52,011 | |||
| Palfinger AG |
417 | 7,497 | |||
| Wienerberger AG |
2,498 | 66,597 | |||
| Total Austria | 242,888 | ||||
| Belgium – 0.7% | |||||
| Bekaert S.A. |
569 | 75,093 | |||
| Compagnie Maritime Belge S.A. |
1,990 | 79,162 | |||
| Euronav N.V. |
1,801 | 49,229 | |||
| EVS Broadcast Equipment S.A. |
402 | 28,301 | |||
| Total Belgium | 231,785 | ||||
| Denmark – 0.7% | |||||
| A/S Dampskibsselskabet Torm |
2,367 | 55,924 | |||
| D/S Norden |
1,475 | 69,004 | |||
| DSV A/S |
1,490 | 23,212 | |||
| FLSmidth & Co. A/S |
700 | 34,659 | |||
| Investments | Shares | U.S. $ Value | |||
| NKT Holding A/S |
550 | $ | 25,368 | ||
| Sjaelso Gruppen |
143 | 1,319 | |||
| Total Denmark | 209,486 | ||||
| Finland – 2.3% | |||||
| Cargotec Corp. Class B |
1,478 | 29,522 | |||
| Finnair Oyj |
3,890 | 22,075 | |||
| Fiskars Oyj Abp Class A |
1,635 | 21,657 | |||
| Huhtamaki Oyj |
2,808 | 22,048 | |||
| KCI Konecranes OYJ |
1,063 | 24,801 | |||
| Kone Oyj Class B |
3,471 | 92,635 | |||
| Lassila & Tikanoja Oyj |
1,655 | 32,081 | |||
| Metso Oyj |
5,736 | 137,534 | |||
| PKC Group Oyj |
1,779 | 16,493 | |||
| Poyry Oyj |
1,329 | 25,370 | |||
| Rapala VMC Oyj |
2,994 | 15,393 | |||
| Uponor Corp. |
6,655 | 82,916 | |||
| Wartsila Oyj Class B |
4,025 | 166,559 | |||
| YIT OYJ |
3,538 | 36,278 | |||
| Total Finland | 725,362 | ||||
| France – 14.5% | |||||
| Aeroports de Paris |
2,008 | 163,422 | |||
| Air France-KLM |
9,670 | 217,260 | |||
| Alstom S.A. |
2,034 | 150,753 | |||
| Assystem |
1,553 | 21,269 | |||
| Bourbon S.A. |
179 | 8,785 | |||
| Bouygues S.A. |
10,449 | 466,001 | |||
| Carbone Lorraine |
955 | 44,402 | |||
| Cie de Saint-Gobain S.A. |
15,665 | 795,330 | |||
| Haulotte Group |
1,057 | 13,095 | |||
| Legrand S.A. |
7,626 | 169,462 | |||
| Manitou BF S.A. |
1,084 | 26,570 | |||
| Nexans S.A. |
555 | 48,318 | |||
| Schneider Electric S.A. |
9,086 | 768,885 | |||
| Seche Environnement S.A. |
184 | 13,693 | |||
| Societe Des Autoroutes Paris-Rhin-Rhone |
2,316 | 200,395 | |||
| Teleperformance |
735 | 20,204 | |||
| Thales S.A. |
5,003 | 248,983 | |||
| Vallourec S.A. |
1,452 | 308,096 | |||
| VINCI S.A. |
15,910 | 737,036 | |||
| Zodiac S.A. |
1,328 | 62,490 | |||
| Total France | 4,484,449 | ||||
| Germany – 11.4% | |||||
| Bilfinger Berger AG |
859 | 44,234 | |||
| CTS Eventim AG |
421 | 15,227 | |||
| Demag Cranes AG |
771 | 30,139 | |||
| Deutsche Lufthansa AG |
23,094 | 447,658 | |||
| Deutsche Post AG |
39,211 | 814,048 | |||
| Elexis AG |
616 | 11,508 | |||
| Fraport AG Frankfurt Airport Services Worldwide |
2,218 | 130,852 | |||
| Heidelberger Druckmaschinen AG |
3,982 | 61,918 | |||
| Hochtief AG |
1,233 | 57,968 | |||
| IDS Scheer AG |
1,488 | 14,631 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 31 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree International Industrial Sector Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Indus Holding AG |
831 | $ | 19,552 | ||
| Krones AG |
443 | 21,742 | |||
| KUKA AG |
848 | 20,535 | |||
| MAN AG |
3,401 | 225,962 | |||
| Medion AG |
350 | 3,904 | |||
| MTU Aero Engines Holding AG |
753 | 20,509 | |||
| Rheinmetall AG |
590 | 31,443 | |||
| Siemens AG |
13,289 | 1,227,316 | |||
| ThyssenKrupp AG |
10,183 | 300,804 | |||
| Total Germany | 3,499,950 | ||||
| Hong Kong – 4.0% | |||||
| Beijing Enterprises Holdings Ltd. |
5,000 | 18,675 | |||
| Cathay Pacific Airways Ltd. |
121,000 | 204,151 | |||
| China Everbright International Ltd. |
30,000 | 4,946 | |||
| China Merchants Holdings International Co., Ltd. |
26,000 | 81,706 | |||
| China Resources Enterprise |
30,000 | 71,790 | |||
| Guangdong Investment Ltd. |
110,000 | 25,501 | |||
| Hong Kong Aircraft Engineering Co. Ltd. |
3,600 | 41,034 | |||
| Hung Hing Printing Group Ltd. |
134,000 | 29,512 | |||
| Hutchison Whampoa Ltd. |
58,000 | 439,238 | |||
| MTR Corp. |
74,000 | 215,871 | |||
| New World Development Ltd. |
52,000 | 56,592 | |||
| Shougang Concord International Enterprises Co., Ltd. |
118,000 | 16,565 | |||
| Singamas Container Holdings Ltd. |
38,000 | 5,775 | |||
| Techtronic Industries Co. |
23,000 | 20,943 | |||
| Tianjin Development Holdings Ltd. |
6,000 | 2,396 | |||
| Total Hong Kong | 1,234,695 | ||||
| Ireland – 0.3% | |||||
| DCC PLC |
1,011 | 19,697 | |||
| Kingspan Group PLC |
6,601 | 58,878 | |||
| Total Ireland | 78,575 | ||||
| Italy – 2.1% | |||||
| Astaldi SpA |
1,612 | 10,710 | |||
| Autostrada Torino-Milano SpA |
1,696 | 18,332 | |||
| Atlantia SpA |
11,434 | 232,399 | |||
| CIR-Compagnie Industriali Riunite SpA |
2,089 | 3,562 | |||
| Esprinet SpA |
747 | 3,211 | |||
| Finmeccanica SpA |
7,816 | 167,316 | |||
| Gemina SpA |
44,268 | 44,646 | |||
| Gewiss SpA |
1,605 | 8,325 | |||
| I.M.A. Industria Macchine Automatiche SpA |
1,444 | 28,194 | |||
| Navigazione Montanari SpA |
8,980 | 38,913 | |||
| Panariagroup Industrie Ceramiche SpA |
3,950 | 15,369 | |||
| Pirelli & C. SpA RSP |
29,482 | 16,151 | |||
| Prysmian SpA |
2,323 | 45,029 | |||
| Societa Iniziative Autostradali e Servizi SpA |
999 | 7,276 | |||
| Total Italy | 639,433 | ||||
| Japan – 14.3% | |||||
| Aeon Delight Co., Ltd. |
100 | 2,308 | |||
| Aichi Corp. |
4,700 | 18,018 | |||
| Amada Co., Ltd. |
7,000 | 37,385 | |||
| Investments | Shares | U.S. $ Value | |||
| Asahi Glass Co., Ltd. |
17,000 | $ | 146,677 | ||
| Asahi Organic Chemicals Industry Co., Ltd. |
10,000 | 26,374 | |||
| Asahi Pretec Corp. |
700 | 13,286 | |||
| Asunaro Aoki Construction Co., Ltd. |
1,500 | 6,457 | |||
| Canon Marketing Japan, Inc. |
1,100 | 16,495 | |||
| Chiyoda Corp. |
1,000 | 7,121 | |||
| Chofu Seisakusho Co., Ltd. |
700 | 13,649 | |||
| Chugoku Marine Paints Ltd. |
2,000 | 11,492 | |||
| Dai Nippon Printing Co., Ltd. |
10,000 | 133,660 | |||
| Daifuku Co., Ltd. |
1,500 | 9,170 | |||
| Daiichi Chuo Kisen Kaisha |
7,000 | 31,319 | |||
| Daikin Industries, Ltd. |
1,400 | 45,759 | |||
| Daikoku Denki Co., Ltd. |
400 | 4,438 | |||
| Duskin Co., Ltd. |
900 | 12,903 | |||
| Eagle Industry Co., Ltd. |
1,000 | 4,173 | |||
| Fanuc Ltd. |
2,700 | 196,845 | |||
| Fuji Electric Holdings Co., Ltd. |
18,000 | 42,387 | |||
| Fujimi, Inc. |
1,100 | 12,972 | |||
| Furukawa Co., Ltd. |
4,000 | 5,501 | |||
| Gun-Ei Chemical Industry Co., Ltd. |
9,000 | 17,548 | |||
| Hankyu Hanshin Holdings, Inc. |
19,000 | 86,799 | |||
| Haseko Corp. |
9,500 | 6,532 | |||
| Hitachi Cable Ltd. |
7,000 | 23,473 | |||
| Hitachi Chemical Co., Ltd. |
1,500 | 19,710 | |||
| Hitachi Construction Machinery Co., Ltd. |
2,400 | 57,081 | |||
| Hitachi Koki Co., Ltd. |
1,200 | 11,914 | |||
| Hitachi Ltd. |
22,000 | 148,787 | |||
| Hitachi Tool Engineering Ltd. |
900 | 8,359 | |||
| Idec Corp. |
700 | 7,121 | |||
| IHI Corp. |
7,000 | 10,681 | |||
| Iino Kaiun Kaisha Ltd. |
2,100 | 16,260 | |||
| Inui Steamship Co., Ltd. |
500 | 4,813 | |||
| Japan Transcity Corp. |
6,000 | 21,646 | |||
| JGC Corp. |
4,000 | 62,318 | |||
| JS Group Corp. |
6,300 | 78,331 | |||
| JTEKT Corp. |
500 | 5,591 | |||
| Juki Corp. |
3,000 | 4,945 | |||
| Kaga Electronics Co., Ltd. |
700 | 7,879 | |||
| Kajima Corp. |
1,000 | 2,948 | |||
| Kandenko Co., Ltd. |
5,000 | 28,258 | |||
| Kawasaki Heavy Industries Ltd. |
5,000 | 10,267 | |||
| Kawasaki Kisen Kaisha Ltd. |
14,000 | 83,342 | |||
| Keihin Electric Express Railway Co., Ltd. |
5,000 | 32,497 | |||
| Keio Corp. |
7,000 | 37,187 | |||
| Kintetsu Corp. |
14,000 | 48,528 | |||
| Kitz Corp. |
4,000 | 18,273 | |||
| Komatsu Ltd. |
10,500 | 165,662 | |||
| Kubota Corp. |
18,000 | 109,867 | |||
| Kurita Water Industries Ltd. |
1,400 | 31,715 | |||
| Kyodo Printing Co., Ltd. |
7,000 | 17,802 | |||
| Lintec Corp. |
700 | 11,209 | |||
| Mabuchi Motor Co., Ltd. |
700 | 31,385 | |||
| Maeda Corp. |
3,000 | 9,127 | |||
| Makita Corp. |
1,800 | 35,605 | |||
See Notes to Financial Statements.
| 32 | WisdomTree International Dividend Sector Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree International Industrial Sector Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Maruichi Steel Tube Ltd. |
900 | $ | 24,245 | ||
| Maruzen Showa Unyu Co., Ltd. |
5,000 | 13,517 | |||
| Matsuda Sangyo Co., Ltd. |
450 | 7,265 | |||
| Minebea Co., Ltd. |
7,000 | 25,715 | |||
| Mitsubishi Heavy Industries Ltd. |
30,000 | 126,030 | |||
| Mitsubishi Materials Corp. |
11,000 | 33,778 | |||
| Mitsubishi Steel Manufacturing Co., Ltd. |
3,000 | 8,534 | |||
| Mitsui Engineering & Shipbuilding Co., Ltd. |
7,000 | 12,791 | |||
| Mitsui Mining & Smelting Co., Ltd. |
6,000 | 13,733 | |||
| Mitsui O.S.K. Lines Ltd. |
19,000 | 158,207 | |||
| Miura Co., Ltd. |
700 | 15,066 | |||
| Nagoya Railroad Co., Ltd. |
7,000 | 19,846 | |||
| Neturen Co., Ltd. |
300 | 1,857 | |||
| NGK Insulators Ltd. |
1,000 | 11,868 | |||
| Nihon Yamamura Glass Co., Ltd. |
14,000 | 23,737 | |||
| Nikkiso Co., Ltd. |
1,000 | 5,020 | |||
| Nippo Corp. |
3,000 | 16,672 | |||
| Nippon Densetsu Kogyo Co., Ltd. |
5,000 | 41,068 | |||
| Nippon Express Co., Ltd. |
14,000 | 61,188 | |||
| Nippon Koei Co., Ltd. |
7,000 | 15,429 | |||
| Nippon Sheet Glass Co., Ltd. |
7,000 | 35,275 | |||
| Nippon Signal Co., Ltd. |
1,400 | 6,066 | |||
| Nippon Valqua Industries Ltd. |
7,000 | 16,550 | |||
| Nippon Yusen K.K. |
25,000 | 157,302 | |||
| Nishimatsu Construction Co., Ltd. |
7,000 | 15,627 | |||
| Nishi-Nippon Railroad Co., Ltd. |
7,000 | 23,275 | |||
| Nissha Printing Co., Ltd. |
100 | 4,710 | |||
| Nitto Denko Corp. |
2,200 | 54,604 | |||
| Nitto Kogyo Corp. |
700 | 5,090 | |||
| Nitto Kohki Co., Ltd. |
700 | 12,244 | |||
| NOK Corp. |
100 | 1,095 | |||
| Nomura Co., Ltd. |
5,000 | 12,857 | |||
| NSK Ltd. |
7,000 | 39,231 | |||
| NTN Corp. |
7,000 | 35,737 | |||
| Obayashi Corp. |
7,000 | 34,484 | |||
| Odakyu Electric Railway Co., Ltd. |
7,000 | 51,429 | |||
| Okabe Co., Ltd. |
4,000 | 15,033 | |||
| OKUMA Corp. |
5,000 | 28,164 | |||
| Okumura Corp. |
7,000 | 26,242 | |||
| Organo Corp. |
1,000 | 6,594 | |||
| OSG Corp. |
1,400 | 11,657 | |||
| Pack Corp. (The) |
1,400 | 17,011 | |||
| Panasonic Electric Works Co., Ltd. |
7,000 | 60,660 | |||
| Ryosan Co., Ltd. |
700 | 14,308 | |||
| Sakata INX Corp. |
4,000 | 10,813 | |||
| Sankyo-Tateyama Holdings, Inc. |
3,000 | 3,108 | |||
| Sanshin Electronics Co., Ltd. |
3,500 | 23,407 | |||
| Sanwa Shutter Corp. |
7,000 | 25,978 | |||
| Secom Co., Ltd. |
2,200 | 90,143 | |||
| Shikoku Chemicals Corp. |
4,000 | 14,317 | |||
| Shimizu Corp. |
14,000 | 65,012 | |||
| Shinko Electric Co., Ltd. |
2,000 | 6,104 | |||
| Shinwa Kaiun Kaisha Ltd. |
5,000 | 19,310 | |||
| Sodick Co Ltd. |
3,400 | 10,825 | |||
| Investments | Shares | U.S. $ Value | |||
| Sohgo Security Services Co., Ltd. |
1,800 | $ | 18,854 | ||
| Sumitomo Electric Industries Ltd. |
5,600 | 59,764 | |||
| Sumitomo Heavy Industries Ltd. |
3,000 | 13,818 | |||
| Taihei Dengyo Kaisha Ltd. |
1,000 | 6,942 | |||
| Taihei Kogyo Co., Ltd. |
3,000 | 7,573 | |||
| Taikisha Ltd. |
1,400 | 18,106 | |||
| Taisei Corp. |
14,000 | 35,869 | |||
| Taiyo Ink Manufacturing Co., Ltd. |
600 | 10,438 | |||
| Takiron Co., Ltd. |
7,000 | 19,451 | |||
| Tamron Co., Ltd. |
200 | 2,879 | |||
| THK Co., Ltd. |
1,400 | 21,271 | |||
| Tobu Railway Co., Ltd. |
7,000 | 33,693 | |||
| Tocalo Co., Ltd. |
700 | 7,952 | |||
| Toda Corp. |
7,000 | 27,627 | |||
| Toho Titanium Co., Ltd. |
500 | 7,441 | |||
| Tokai Rubber Industries, Inc. |
1,400 | 14,268 | |||
| Tokyo Energy & Systems, Inc. |
3,000 | 15,090 | |||
| Tokyo Kikai Seisakusho Ltd. |
7,000 | 13,846 | |||
| Tokyu Community Corp. |
1,400 | 22,655 | |||
| Tokyu Corp. |
7,000 | 32,836 | |||
| Tomoku Co., Ltd. |
9,000 | 15,260 | |||
| Tonami Holdings Co., Ltd. |
7,000 | 14,242 | |||
| Toppan Forms Co., Ltd. |
1,100 | 10,848 | |||
| Toppan Printing Co., Ltd. |
7,000 | 53,935 | |||
| Topy Industries Ltd. |
7,000 | 18,923 | |||
| Tosho Printing Co., Ltd. |
8,000 | 20,798 | |||
| Toyo Seikan Kaisha Ltd. |
1,400 | 21,073 | |||
| Tsukishima Kikai Co., Ltd. |
2,000 | 15,240 | |||
| Union Tool Co. |
300 | 6,937 | |||
| Ushio, Inc. |
1,400 | 22,668 | |||
| USS Co., Ltd. |
670 | 42,535 | |||
| Yamato Holdings Co., Ltd. |
7,000 | 77,540 | |||
| Yurtec Corp. |
7,000 | 28,682 | |||
| Zenrin Co., Ltd. |
300 | 3,524 | |||
| Total Japan | 4,404,255 | ||||
| Netherlands – 5.5% | |||||
| Aalberts Industries N.V. |
1,563 | 19,671 | |||
| Akzo Nobel N.V. |
7,001 | 330,569 | |||
| Arcadis N.V. |
843 | 14,482 | |||
| Ballast Nedam N.V. CVA |
910 | 26,191 | |||
| Brunel International |
1,070 | 21,087 | |||
| Draka Holding |
322 | 6,509 | |||
| European Aeronautic Defence and Space Co. EADS N.V. |
6,532 | 110,102 | |||
| Grontmij N.V. CVA |
28 | 912 | |||
| Heijmans N.V. |
950 | 15,372 | |||
| Kardan NV. |
681 | 5,022 | |||
| Koninklijke BAM Groep N.V. |
4,651 | 59,059 | |||
| Koninklijke Boskalis Westminster CVA |
1,897 | 88,359 | |||
| Koninklijke Philips Electronics N.V. |
21,219 | 568,834 | |||
| Koninklijke Vopak N.V. |
1,275 | 59,316 | |||
| Smit Internationale N.V. |
658 | 56,380 | |||
| TKH Group N.V. CVA |
1,222 | 22,331 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 33 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree International Industrial Sector Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| TNT N.V. |
9,468 | $ | 259,334 | ||
| Wavin N.V. |
6,003 | 33,981 | |||
| Total Netherlands | 1,697,511 | ||||
| New Zealand – 0.6% | |||||
| Air New Zealand Ltd. |
65,006 | 41,247 | |||
| Auckland International Airport Ltd. |
77,125 | 100,448 | |||
| Freightways Ltd. |
9,223 | 19,712 | |||
| Infratil Ltd. |
4,203 | 5,642 | |||
| Mainfreight Ltd. |
2,561 | 10,947 | |||
| Total New Zealand | 177,996 | ||||
| Norway – 0.9% | |||||
| Aker Solutions ASA |
4,391 | 69,367 | |||
| Fred Olsen Energy ASA |
680 | 25,706 | |||
| Norsk Hydro ASA |
14,300 | 93,724 | |||
| Scana Industrier |
7,000 | 12,846 | |||
| Tomra Systems ASA |
5,200 | 26,386 | |||
| Veidekke ASA |
10,000 | 52,771 | |||
| Wilh Wilhelmsen ASA Class A |
150 | 2,943 | |||
| Total Norway | 283,743 | ||||
| Portugal – 0.4% | |||||
| BRISA |
10,147 | 99,771 | |||
| Mota Engil, SGPS S.A. |
5,141 | 22,032 | |||
| Total Portugal | 121,803 | ||||
| Singapore – 4.0% | |||||
| Asia Environment Holdings Ltd. |
56,000 | 8,226 | |||
| China Aviation Oil Singapore Corp., Ltd. |
11,000 | 6,194 | |||
| Chip Eng Seng Corp. Ltd. |
36,000 | 5,666 | |||
| ComfortDelgro Corp., Ltd. |
90,999 | 94,837 | |||
| Cosco Corp., Ltd. |
30,000 | 31,475 | |||
| CWT Ltd. |
17,000 | 5,945 | |||
| First Ship Lease Trust |
13,000 | 7,683 | |||
| Fraser and Neave Ltd. |
16,000 | 39,729 | |||
| Hi-P International Ltd. |
26,000 | 6,911 | |||
| Jaya Holdings Ltd. |
42,000 | 30,258 | |||
| Midas Holdings Ltd. |
17,000 | 4,935 | |||
| Neptune Orient Lines Ltd. |
36,000 | 45,072 | |||
| Pan-United Corp., Ltd. |
28,000 | 9,499 | |||
| Raffles Education Corp., Ltd. |
32,000 | 16,003 | |||
| Rickmers Maritime |
29,000 | 17,039 | |||
| SBS Transit Ltd. |
17,500 | 23,257 | |||
| SembCorp Industries Ltd. |
51,000 | 115,220 | |||
| SembCorp Marine Ltd. |
39,333 | 82,259 | |||
| SIA Engineering Co., Ltd. |
7,000 | 11,163 | |||
| Singapore Airlines Ltd. |
25,000 | 248,654 | |||
| Singapore Airport Terminal Services Ltd. |
22,000 | 25,082 | |||
| Singapore Post Ltd. |
118,000 | 78,821 | |||
| Singapore Shipping Corp. Ltd. |
68,000 | 11,891 | |||
| Singapore Technologies Engineering Ltd. |
99,000 | 186,270 | |||
| SMRT Corp., Ltd. |
71,000 | 98,328 | |||
| United Engineers Ltd. |
7,000 | 8,372 | |||
| Total Singapore | 1,218,789 | ||||
| Investments | Shares | U.S. $ Value | |||
| Spain – 5.9% | |||||
| Abengoa, S.A. |
632 | $ | 12,606 | ||
| Abertis Infraestructuras, S.A. |
12,462 | 241,915 | |||
| Acciona, S.A. |
1,051 | 156,929 | |||
| ACS, Actividades Cons y Servicious, S.A. |
10,929 | 437,055 | |||
| Cintra Concesiones de Infraestructuras de Transporte, S.A. |
1,898 | 21,995 | |||
| Duro Felguera, S.A. |
6,164 | 41,993 | |||
| Fomento de Construcciones y Contratas, S.A. |
5,136 | 228,837 | |||
| Gamesa Corp Tecnologica, S.A. |
1,784 | 60,192 | |||
| Grupo Ferrovial, S.A. |
2,455 | 111,177 | |||
| Iberia Lineas Aereas de Espana |
58,866 | 141,393 | |||
| Prosegur Cia de Seguridad, S.A. |
668 | 22,989 | |||
| Sacyr Vallehermoso, S.A. |
4,540 | 73,911 | |||
| Tecnicas Reunidas, S.A. |
266 | 11,149 | |||
| Uralita, S.A. |
4,584 | 34,448 | |||
| Viscofan, S.A. |
975 | 15,873 | |||
| Zardoya Otis, S.A. |
10,117 | 218,136 | |||
| Total Spain | 1,830,598 | ||||
| Sweden – 9.4% | |||||
| AB Volvo Class A |
28,926 | 239,572 | |||
| AB Volvo Class B |
66,550 | 586,975 | |||
| Alfa Laval AB |
8,844 | 89,103 | |||
| Assa Abloy AB Class B |
9,800 | 115,951 | |||
| Atlas Copco AB Class A |
18,689 | 207,722 | |||
| Atlas Copco AB Class B |
5,554 | 54,761 | |||
| Cardo AB |
500 | 11,402 | |||
| Connecta AB |
1,800 | 13,682 | |||
| Hexagon AB |
3,900 | 43,487 | |||
| Hoganas AB |
2,253 | 33,685 | |||
| Husqvarna AB Class A |
2,500 | 18,196 | |||
| Husqvarna AB Class B |
5,600 | 41,160 | |||
| Industrivarden AB Class A |
2,600 | 25,822 | |||
| Industrivarden AB Class C |
8,000 | 87,770 | |||
| Intrum Justitia AB |
1,700 | 17,798 | |||
| Lindab International AB |
100 | 1,201 | |||
| NCC AB Class B |
3,921 | 37,957 | |||
| Nibe Industrier AB Class B |
1,558 | 10,680 | |||
| Niscayah Group AB |
15,500 | 21,563 | |||
| Peab AB |
4,200 | 21,805 | |||
| Peab Industries AB Class B |
200 | 1,400 | |||
| Rederi AB Transatlantic |
4,532 | 23,399 | |||
| Saab AB Class B |
2,800 | 42,265 | |||
| Sandvik AB |
35,000 | 361,406 | |||
| Scania AB Class A |
10,600 | 126,177 | |||
| Scania AB Class B |
11,100 | 133,322 | |||
| Seco Tools Class B |
2,800 | 29,113 | |||
| Securitas AB Class B |
8,200 | 90,259 | |||
| Skanska AB Class B |
16,800 | 186,727 | |||
| SKF AB Class B |
14,688 | 183,264 | |||
| Trelleborg AB Class B |
1,879 | 25,600 | |||
| Total Sweden | 2,883,224 | ||||
See Notes to Financial Statements.
| 34 | WisdomTree International Dividend Sector Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree International Industrial Sector Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| Switzerland – 1.4% | |||||
| Bucher Industries AG |
81 | $ | 10,692 | ||
| Geberit AG |
655 | 79,681 | |||
| Kuehne + Nagel International AG |
1,669 | 109,629 | |||
| Panalpina Welttransport Holding AG |
479 | 31,613 | |||
| Schindler Holding AG |
94 | 5,617 | |||
| Schindler Holding AG Participating Shares |
1,101 | 66,723 | |||
| SGS, S.A. |
62 | 72,326 | |||
| Sulzer AG |
492 | 51,778 | |||
| Von Roll Holding AG |
494 | 4,934 | |||
| Total Switzerland | 432,993 | ||||
| United Kingdom – 9.7% | |||||
| Aggreko PLC |
1,045 | 10,124 | |||
| AMEC PLC |
5,545 | 62,910 | |||
| Arriva PLC |
8,219 | 101,378 | |||
| Atkins WS PLC |
776 | 10,014 | |||
| Babcock International Group |
1,488 | 13,235 | |||
| BAE Systems PLC |
77,832 | 571,573 | |||
| Balfour Beatty PLC |
10,962 | 58,618 | |||
| BBA Aviation PLC |
22,951 | 46,534 | |||
| British Airways PLC |
8,605 | 25,798 | |||
| Business Post Group PLC |
3,531 | 19,259 | |||
| Carillion PLC |
11,621 | 53,545 | |||
| Chemring Group PLC |
393 | 14,381 | |||
| Chloride Group PLC |
5,877 | 20,218 | |||
| Clarkson PLC |
1,276 | 17,320 | |||
| Cobham PLC |
25,707 | 87,015 | |||
| Communisis PLC |
14,951 | 12,592 | |||
| Davis Service Group PLC |
3,766 | 18,007 | |||
| De La Rue PLC |
275 | 4,421 | |||
| DS Smith PLC |
2,095 | 4,014 | |||
| Fenner PLC |
5,765 | 18,085 | |||
| Firstgroup PLC |
15,380 | 145,980 | |||
| Go-Ahead Group PLC |
1,767 | 52,063 | |||
| GS4 PLC |
21,061 | 76,019 | |||
| Hill & Smith Holdings PLC |
2,257 | 10,359 | |||
| Hogg Robinson Group PLC |
29,984 | 17,904 | |||
| IMI PLC |
13,519 | 89,942 | |||
| Intertek Group PLC |
905 | 13,445 | |||
| ITE Group PLC |
7,029 | 15,160 | |||
| James Fisher & Sons PLC |
1,236 | 11,137 | |||
| Keller Group PLC |
1,591 | 18,816 | |||
| Management Consulting Group PLC |
33,677 | 20,109 | |||
| Meggitt PLC |
12,326 | 41,030 | |||
| Melrose PLC |
5,524 | 14,130 | |||
| Mitie Group |
6,308 | 23,218 | |||
| Morgan Sindall PLC |
1,150 | 9,091 | |||
| Mouchel Group PLC |
2,355 | 12,929 | |||
| National Express Group PLC |
4,770 | 68,188 | |||
| Premier Farnell PLC |
20,565 | 59,749 | |||
| Regus Group PLC |
9,813 | 11,107 | |||
| Rentokil Initial PLC |
93,736 | 115,285 | |||
| Rexam PLC |
25,212 | 176,610 | |||
| Investments | Shares | U.S. $ Value | |||
| Ricardo PLC |
4,416 | $ | 25,424 | ||
| Rotork PLC |
1,886 | 31,146 | |||
| RPC Group PLC |
3,700 | 7,848 | |||
| RPS Group PLC |
1,863 | 8,094 | |||
| Savills PLC |
7,848 | 36,266 | |||
| Senior PLC |
13,349 | 20,225 | |||
| Shanks Group PLC |
9,926 | 33,615 | |||
| SIG PLC |
2,582 | 17,730 | |||
| Smiths Group PLC |
10,794 | 194,706 | |||
| Spectris PLC |
3,574 | 42,332 | |||
| Spirax-Sarco Engineering PLC |
2,222 | 35,843 | |||
| Stagecoach Group PLC |
16,090 | 72,058 | |||
| TDG PLC |
6,481 | 28,765 | |||
| Tomkins PLC |
45,599 | 124,965 | |||
| Ultra Electronics Holdings |
1,286 | 28,882 | |||
| UMECO PLC |
1,493 | 10,113 | |||
| VT Group PLC |
4,629 | 42,905 | |||
| Weir Group (The) |
5,024 | 54,581 | |||
| WSP Group PLC |
1,171 | 6,888 | |||
| Total United Kingdom | 2,993,698 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 99.3% (Cost: $44,748,201)(a) |
30,587,141 | ||||
| Cash, Foreign Currency and Other Assets in |
216,428 | ||||
| NET ASSETS – 100.0% | $ | 30,803,569 | |||
RSP – Risparmio Italian Savings Shares.
| (a) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 35 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International Technology Sector Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.1% | |||||
| Australia – 1.8% | |||||
| Computershare Ltd. |
8,209 | $ | 60,220 | ||
| DWS Advanced Business Solution Ltd. |
7,512 | 5,925 | |||
| Infomedia Ltd. |
4,569 | 1,370 | |||
| MYOB Ltd. |
15,232 | 12,255 | |||
| Oakton Ltd. |
3,059 | 8,445 | |||
| Salmat Ltd. |
9,797 | 23,879 | |||
| SMS Management & Technology Ltd. |
1,471 | 3,852 | |||
| UXC Ltd. |
24,955 | 18,405 | |||
| Total Australia | 134,351 | ||||
| Austria – 0.1% | |||||
| A&T Austria Technologie & Systemtechnik AG |
345 | 3,731 | |||
| Belgium – 0.6% | |||||
| Barco N.V. |
359 | 16,192 | |||
| Melexis N.V. |
1,902 | 26,369 | |||
| Total Belgium | 42,561 | ||||
| Finland – 19.4% | |||||
| Comptel PLC |
6,730 | 11,817 | |||
| F-Secure Oyj |
256 | 834 | |||
| Nokia Oyj |
76,863 | 1,392,756 | |||
| Teleste Oyj |
297 | 1,635 | |||
| TietoEnator Oyj |
1,740 | 25,345 | |||
| Total Finland | 1,432,387 | ||||
| France – 5.3% | |||||
| CapGemini S.A. |
2,935 | 136,873 | |||
| Dassault Systemes S.A. |
1,180 | 62,371 | |||
| GFI Informatique |
944 | 4,972 | |||
| Groupe Steria SCA |
171 | 3,723 | |||
| Iliad S.A. |
176 | 14,514 | |||
| Ingenico |
281 | 6,974 | |||
| LaCie S.A. |
1,551 | 7,647 | |||
| Neopost S.A. |
1,348 | 125,632 | |||
| Oberthur Card Systems S.A. |
4,507 | 31,717 | |||
| Total France | 394,423 | ||||
| Germany – 8.8% | |||||
| Aixtron AG |
392 | 2,269 | |||
| Bechtle AG |
192 | 3,940 | |||
| Cenit AG |
12 | 66 | |||
| Epcos AG |
937 | 23,480 | |||
| Freenet AG |
2,210 | 19,805 | |||
| Kizoo AG |
2,011 | 21,412 | |||
| Kontron AG |
1,219 | 12,328 | |||
| SAP AG |
8,798 | 465,529 | |||
| Software AG |
544 | 30,550 | |||
| United Internet AG |
1,813 | 19,303 | |||
| Wincor Nixdorf AG |
886 | 51,635 | |||
| Total Germany | 650,317 | ||||
| Hong Kong – 0.9% | |||||
| Lenovo Group Ltd. |
152,000 | 65,582 | |||
| Italy – 0.2% | |||||
| Datalogic SpA |
153 | 1,317 | |||
| Investments | Shares | U.S. $ Value | |||
| SAES Getters SpA |
478 | $ | 7,909 | ||
| SAES Getters RSP |
252 | 3,745 | |||
| Total Italy | 12,971 | ||||
| Japan – 42.1% | |||||
| Advantest Corp. |
2,300 | 47,228 | |||
| Ai Holdings Corp. |
1,200 | 3,832 | |||
| Aiphone Co., Ltd. |
100 | 1,734 | |||
| Alps Electric Co., Ltd. |
1,900 | 14,550 | |||
| Amano Corp. |
1,400 | 10,985 | |||
| Anritsu Corp. |
2,000 | 5,407 | |||
| Brother Industries Ltd. |
2,500 | 25,927 | |||
| Canon Electronics, Inc. |
500 | 7,813 | |||
| Canon Finetech, Inc. |
800 | 8,191 | |||
| Canon, Inc. |
16,000 | 575,707 | |||
| Chiyoda Integre Co., Ltd. |
200 | 2,502 | |||
| Citizen Holdings Co., Ltd. |
3,600 | 24,517 | |||
| CMK Corp. |
400 | 2,475 | |||
| CSK Holdings Corp. |
1,100 | 15,853 | |||
| Dainippon Screen Manufacturing Co., Ltd. |
1,000 | 3,174 | |||
| Denki Kogyo Co., Ltd. |
3,000 | 16,531 | |||
| Disco Corp. |
300 | 8,590 | |||
| DTS Corp. |
100 | 1,026 | |||
| Eizo Nanao Corp. |
400 | 7,486 | |||
| Epson Toyocom Corp. |
3,000 | 7,827 | |||
| Foster Electric Co., Ltd. |
300 | 3,676 | |||
| FUJI SOFT, Inc. |
200 | 3,483 | |||
| Fujitsu Ltd. |
16,000 | 87,863 | |||
| Hamamatsu Photonics K.K. |
700 | 16,780 | |||
| Hirose Electric Co., Ltd. |
300 | 28,088 | |||
| Hitachi Information Systems Ltd. |
600 | 11,145 | |||
| Hitachi Kokusai Electric, Inc. |
1,000 | 5,934 | |||
| Hitachi Maxell Ltd. |
700 | 7,378 | |||
| Hitachi Software Engineering Co., Ltd. |
800 | 13,858 | |||
| Hitachi Systems & Services Ltd. |
600 | 7,884 | |||
| Horiba Ltd. |
400 | 8,892 | |||
| HOYA Corp. |
6,500 | 126,125 | |||
| Ibiden Co., Ltd. |
1,200 | 28,145 | |||
| Icom, Inc. |
100 | 1,969 | |||
| Information Services International-Dentsu, Ltd. |
900 | 5,731 | |||
| Itochu Techno-Solutions Corp. |
1,000 | 24,867 | |||
| Japan Radio Co., Ltd. |
1,000 | 1,809 | |||
| Keyence Corp. |
100 | 19,592 | |||
| Koa Corp. |
600 | 3,233 | |||
| Kokuyo Co., Ltd. |
800 | 6,179 | |||
| Konica Minolta Holdings, Inc. |
3,000 | 33,542 | |||
| Kyocera Corp. |
1,200 | 89,070 | |||
| Megachips Corp. |
300 | 3,439 | |||
| Melco Holdings, Inc. |
200 | 3,589 | |||
| Mimasu Semiconductor Industry Co., Ltd. |
700 | 9,079 | |||
| Mitsubishi Electric Corp. |
14,000 | 91,122 | |||
| Mitsumi Electric Co., Ltd. |
1,000 | 24,490 | |||
| NEC Corp. |
16,000 | 66,313 | |||
| NEC Fielding Ltd. |
1,300 | 12,245 | |||
| NEC Mobiling Ltd. |
800 | 10,286 | |||
See Notes to Financial Statements.
| 36 | WisdomTree International Dividend Sector Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree International Technology Sector Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| NEC Networks & System Integration Corp. |
400 | $ | 5,000 | ||
| Nichicon Corp. |
900 | 6,036 | |||
| Nidec Copal Corp. |
600 | 6,680 | |||
| Nidec Copal Electronics Corp. |
900 | 4,747 | |||
| Nidec Sankyo Corp. |
1,000 | 4,710 | |||
| Nihon Dempa Kogyo Co., Ltd. |
200 | 3,361 | |||
| Nippon Chemi-Con Corp. |
2,000 | 6,236 | |||
| Nippon Electric Glass Co., Ltd. |
1,000 | 8,722 | |||
| Nomura Research Institute Ltd. |
3,000 | 60,048 | |||
| NS Solutions Corp. |
700 | 9,923 | |||
| NSD Co., Ltd. |
800 | 6,413 | |||
| Obic Co., Ltd. |
130 | 20,951 | |||
| Okamura Corp. |
1,000 | 6,320 | |||
| Optex Co., Ltd. |
200 | 1,825 | |||
| Oracle Corp. Japan |
3,654 | 164,173 | |||
| Otsuka Corp. |
400 | 25,809 | |||
| Panasonic Corp. |
27,000 | 456,507 | |||
| Ricoh Co., Ltd. |
9,000 | 122,668 | |||
| Roland DG Corp. |
300 | 5,346 | |||
| Sanken Electric Co., Ltd. |
3,000 | 12,292 | |||
| Sato Corp. |
400 | 5,233 | |||
| Seiko Epson Corp. |
2,000 | 45,495 | |||
| Shimadzu Corp. |
1,000 | 7,950 | |||
| Shindengen Electric Manufacturing Co., Ltd. |
1,000 | 2,072 | |||
| Shinko Electric Industries Co., Ltd. |
1,000 | 9,099 | |||
| SMK Corp. |
1,000 | 3,165 | |||
| Softbank Corp. |
800 | 10,120 | |||
| Star Micronics Co., Ltd. |
1,100 | 11,076 | |||
| Sumco Corp. |
3,400 | 51,529 | |||
| Sumida Corp. |
200 | 1,673 | |||
| Sumisho Computer Systems Corp. |
800 | 12,027 | |||
| Taiyo Yuden Co., Ltd. |
1,000 | 9,570 | |||
| Takachiho Electric Co., Ltd. |
300 | 2,874 | |||
| TDK Corp. |
1,600 | 77,464 | |||
| Teikoku Tsushin Kogyo Co., Ltd. |
1,000 | 2,590 | |||
| Tokyo Electron Ltd. |
1,500 | 65,842 | |||
| Tokyo Seimitsu Co., Ltd. |
300 | 3,563 | |||
| Toshiba Corp. |
28,000 | 118,948 | |||
| Toshiba TEC Corp. |
3,000 | 11,586 | |||
| Trans Cosmos, Inc. |
900 | 6,960 | |||
| Trend Micro, Inc. |
2,500 | 93,017 | |||
| Ulvac, Inc. |
100 | 2,741 | |||
| Uniden Corp. |
2,000 | 7,592 | |||
| Yahoo Japan Corp. |
63 | 19,998 | |||
| Yamatake Corp. |
900 | 14,149 | |||
| Yaskawa Electric Corp. |
2,000 | 10,983 | |||
| Yokogawa Electric Corp. |
2,300 | 14,277 | |||
| Total Japan | 3,106,521 | ||||
| Netherlands – 2.4% | |||||
| ASM International N.V. |
108 | 1,930 | |||
| ASML Holding N.V. |
3,711 | 64,689 | |||
| Exact Holding N.V. |
1,449 | 36,840 | |||
| OCE N.V. |
4,660 | 32,728 | |||
| STMicroelectronics N.V. |
4,177 | 41,188 | |||
| Total Netherlands | 177,375 | ||||
| Investments | Shares | U.S.$ Value | |||
| Norway – 0.2% | |||||
| EDB Business Partner ASA |
3,200 | $ | 9,201 | ||
| Tandberg ASA |
600 | 7,926 | |||
| Total Norway | 17,127 | ||||
| Singapore – 1.2% | |||||
| Creative Technology Ltd. |
3,550 | 12,539 | |||
| CSE Global Ltd. |
19,000 | 11,296 | |||
| Datacraft Asia Ltd. |
13,000 | 16,640 | |||
| Venture Corp., Ltd. |
8,000 | 43,086 | |||
| WBL Corp., Ltd. |
2,000 | 4,337 | |||
| Total Singapore | 87,898 | ||||
| Spain – 1.0% | |||||
| Indra Sistemas S.A. |
3,173 | 74,788 | |||
| Sweden – 8.4% | |||||
| Axis Communications AB |
800 | 8,748 | |||
| Gunnebo AB |
1,000 | 5,020 | |||
| Telefonaktiebolaget LM Ericsson, Class A |
5,400 | 49,642 | |||
| Telefonaktiebolaget LM Ericsson, Class B |
60,600 | 556,222 | |||
| Total Sweden | 619,632 | ||||
| Switzerland – 0.3% | |||||
| Huber & Suhner AG |
298 | 11,694 | |||
| Kudelski S.A. |
642 | 7,839 | |||
| Total Switzerland | 19,533 | ||||
| United Kingdom – 6.4% | |||||
| ARM Holdings PLC |
17,067 | 28,900 | |||
| Computacenter PLC |
7,511 | 13,187 | |||
| Cookson Group PLC |
2,403 | 19,960 | |||
| Detica Group PLC |
74 | 579 | |||
| Dimension Data Holdings PLC |
5,170 | 3,778 | |||
| Domino Printing Sciences PLC |
3,892 | 14,360 | |||
| E2V Technologies PLC |
983 | 4,214 | |||
| Fidessa Group PLC |
779 | 9,872 | |||
| Halma PLC |
7,302 | 25,575 | |||
| Laird PLC |
3,006 | 13,221 | |||
| Logica PLC |
51,703 | 99,532 | |||
| Micro Focus International PLC |
4,148 | 21,072 | |||
| Misys PLC |
13,115 | 28,403 | |||
| Morse PLC |
12,322 | 9,554 | |||
| Psion PLC |
6,744 | 8,114 | |||
| Renishaw PLC |
1,211 | 16,243 | |||
| RM PLC |
4,159 | 12,454 | |||
| Sage Group PLC (The) |
34,847 | 121,307 | |||
| TT electronics PLC |
8,007 | 12,559 | |||
| Vitec Group PLC (The) |
896 | 5,570 | |||
| Total United Kingdom | 468,454 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 99.1% (Cost: $9,875,627)(a) |
7,307,651 | ||||
| Cash, Foreign Currency and Other Assets in |
65,808 | ||||
| NET ASSETS – 100.0% | $ | 7,373,459 | |||
RSP – Risparmio Italian Savings Shares.
| (a) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 37 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International Utilities Sector Fund
September 30, 2008
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.5% | |||||
| Australia – 2.6% | |||||
| AGL Energy Ltd. |
32,818 | $ | 354,650 | ||
| APA Group |
63,953 | 153,861 | |||
| Babcock & Brown Wind Partners |
46,480 | 38,497 | |||
| DUET Group |
36,554 | 74,391 | |||
| Energy Developments Ltd. |
5,081 | 10,020 | |||
| Envestra Ltd. |
172,453 | 89,100 | |||
| Hastings Diversified Utilities Fund |
30,233 | 56,996 | |||
| Origin Energy Ltd. |
26,825 | 340,881 | |||
| SP AusNet |
148,889 | 122,141 | |||
| Spark Infrastructure Group |
153,631 | 175,717 | |||
| Total Australia | 1,416,254 | ||||
| Austria – 0.9% | |||||
| EVN AG |
3,667 | 77,211 | |||
| Verbund (Oesterreichische Elektrizitaetswirtschafts-AG) Class A |
6,631 | 401,909 | |||
| Total Austria | 479,120 | ||||
| Finland – 1.9% | |||||
| Fortum Oyj |
30,809 | 1,020,445 | |||
| France – 23.3% | |||||
| Electricite de France |
71,129 | 5,088,985 | |||
| Gaz de France S.A. |
123,674 | 6,340,733 | |||
| Sechilienne-Sidec |
1,155 | 65,056 | |||
| Veolia Environnement S.A. |
29,939 | 1,213,885 | |||
| Total France | 12,708,659 | ||||
| Germany – 13.5% | |||||
| E.ON AG |
91,801 | 4,587,980 | |||
| RWE AG |
29,484 | 2,795,493 | |||
| Total Germany | 7,383,473 | ||||
| Hong Kong – 4.8% | |||||
| China Power International Development Ltd. |
97,000 | 19,739 | |||
| China Resources Power Holdings Co. |
70,000 | 149,478 | |||
| CLP Holdings Ltd. |
157,822 | 1,267,357 | |||
| Hong Kong & China Gas Co., Ltd. |
153,360 | 346,842 | |||
| HongKong Electric Holdings Ltd. |
129,886 | 811,333 | |||
| Total Hong Kong | 2,594,749 | ||||
| Italy – 15.2% | |||||
| A2A SpA |
180,169 | 454,522 | |||
| ACEA SpA |
15,633 | 221,785 | |||
| AcegasAps SpA |
3,683 | 26,591 | |||
| Actelios SpA |
1,516 | 11,212 | |||
| Ascopiave SpA |
22,333 | 43,259 | |||
| Edison SpA |
246,470 | 404,020 | |||
| Enel SpA |
646,640 | 5,349,904 | |||
| Hera SpA |
43,313 | 118,211 | |||
| Iride SpA |
45,036 | 98,053 | |||
| Snam Rete Gas SpA |
170,493 | 1,022,593 | |||
| Terna Rete Elettrica Nazionale SpA |
151,346 | 551,666 | |||
| Total Italy | 8,301,816 | ||||
| Japan – 9.2% | |||||
| Chubu Electric Power Co., Inc. |
28,100 | 657,736 | |||
| Chugoku Electric Power Co., Inc. (The) |
12,800 | 262,233 | |||
| Investments | Shares | U.S. $ Value | |||
| Electric Power Development Co., Ltd. |
4,000 | $ | 127,726 | ||
| Hokkaido Electric Power Co., Inc. |
8,700 | 180,285 | |||
| Hokuriku Electric Power Co. |
6,400 | 153,422 | |||
| Kansai Electric Power Co., Inc. (The) |
37,500 | 830,076 | |||
| Kyushu Electric Power Co., Inc. |
19,900 | 412,377 | |||
| Okinawa Electric Power Co., Inc. (The) |
200 | 9,476 | |||
| Osaka Gas Co., Ltd. |
63,000 | 214,817 | |||
| Saibu Gas Co., Ltd. |
11,000 | 24,349 | |||
| Shikoku Electric Power Co., Inc. |
6,100 | 152,838 | |||
| Toho Gas Co., Ltd. |
11,000 | 60,302 | |||
| Tohoku Electric Power Co., Inc. |
20,900 | 447,864 | |||
| Tokai Corp. |
1,000 | 5,086 | |||
| Tokyo Electric Power Co., Inc. (The) |
46,600 | 1,136,853 | |||
| Tokyo Gas Co., Ltd. |
78,000 | 321,066 | |||
| Total Japan | 4,996,506 | ||||
| New Zealand – 1.0% | |||||
| Contact Energy Ltd. |
42,053 | 219,642 | |||
| TrustPower Ltd. |
24,786 | 129,953 | |||
| Vector Ltd. |
143,356 | 200,112 | |||
| Total New Zealand | 549,707 | ||||
| Norway – 0.1% | |||||
| Hafslund ASA |
2,800 | 44,517 | |||
| Portugal – 1.4% | |||||
| Energias de Portugal S.A. |
185,142 | 764,316 | |||
| Spain – 11.5% | |||||
| Enagas |
10,904 | 232,808 | |||
| Endesa S.A. |
48,038 | 1,735,498 | |||
| Gas Natural SDG S.A. |
12,718 | 465,902 | |||
| IBERDROLA S.A. |
223,527 | 2,241,798 | |||
| Red Electrica de Espana, S.A. |
4,787 | 241,058 | |||
| Sociedad General de Aguas de Barcelona S.A. Class A |
3,768 | 75,421 | |||
| Union Fenosa S.A. |
53,381 | 1,292,683 | |||
| Total Spain | 6,285,168 | ||||
| Switzerland – 0.3% | |||||
| BKW FMB Energie AG |
1,398 | 143,385 | |||
| United Kingdom – 13.8% | |||||
| British Energy Group PLC |
65,382 | 885,704 | |||
| Centrica PLC |
245,774 | 1,375,570 | |||
| Drax Group PLC |
10,464 | 140,260 | |||
| International Power PLC |
57,615 | 371,502 | |||
| National Grid PLC |
196,057 | 2,495,155 | |||
| Northumbrian Water Group PLC |
28,828 | 146,959 | |||
| Pennon Group PLC |
16,133 | 168,080 | |||
| Scottish & Southern Energy PLC |
58,253 | 1,481,697 | |||
| Severn Trent PLC |
6,551 | 158,104 | |||
| United Utilities Group PLC |
21,999 | 272,524 | |||
| Total United Kingdom | 7,495,555 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 99.5% (Cost: $70,133,570)(a) |
54,183,670 | ||||
| Cash, Foreign Currency and Other Assets in |
274,401 | ||||
| NET ASSETS – 100.0% | $ | 54,458,071 | |||
| (a) |
Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 38 | WisdomTree International Dividend Sector Funds |
Table of Contents
Statements of Assets and Liabilities (unaudited)
WisdomTree International Dividend Sector Funds
September 30, 2008
| WisdomTree International Basic Materials Sector Fund |
WisdomTree International Communications Sector Fund |
WisdomTree International Consumer Discretionary Sector Fund |
WisdomTree International Consumer Staples Sector Fund |
WisdomTree International Energy Sector Fund |
||||||||||||||||
| ASSETS: |
||||||||||||||||||||
| Investments, at cost |
$ | 77,272,082 | $ | 30,498,656 | $ | 5,171,107 | $ | 21,857,832 | $ | 56,764,794 | ||||||||||
| Foreign currency, at cost |
57,410 | 219,542 | 8,211 | 101,622 | 205,365 | |||||||||||||||
| Investments in securities, at value (including securities on loan) |
51,414,640 | 24,236,441 | 3,862,587 | 18,350,526 | 41,909,706 | |||||||||||||||
| Cash |
109,985 | 22,538 | 6,052 | 35,981 | 34,943 | |||||||||||||||
| Foreign currency, at value |
55,298 | 216,283 | 7,994 | 96,147 | 199,023 | |||||||||||||||
| Receivables: |
||||||||||||||||||||
| Investment securities sold |
13,145 | — | 15,557 | — | — | |||||||||||||||
| Foreign currency spot contracts |
— | — | 513 | — | — | |||||||||||||||
| Dividends and interest |
222,056 | 34,395 | 19,506 | 67,314 | 61,041 | |||||||||||||||
| Foreign tax reclaims |
32,848 | 19,361 | 1,998 | 43,056 | 5,178 | |||||||||||||||
| Total Assets |
51,847,972 | 24,529,018 | 3,914,207 | 18,593,024 | 42,209,891 | |||||||||||||||
| LIABILITIES: |
||||||||||||||||||||
| Payables: |
||||||||||||||||||||
| Collateral for securities on loan (Note 2) |
8 | — | — | — | — | |||||||||||||||
| Foreign currency spot contracts |
— | — | 41 | — | — | |||||||||||||||
| Advisory fees (Note 3) |
29,837 | 12,322 | 2,062 | 9,353 | 22,643 | |||||||||||||||
| Service fees (Note 2) |
226 | 93 | 16 | 71 | 172 | |||||||||||||||
| Total Liabilities |
30,071 | 12,415 | 2,119 | 9,424 | 22,815 | |||||||||||||||
| NET ASSETS |
$ | 51,817,901 | $ | 24,516,603 | $ | 3,912,088 | $ | 18,583,600 | $ | 42,187,076 | ||||||||||
| NET ASSETS: |
||||||||||||||||||||
| Paid-in capital |
$ | 76,895,829 | $ | 32,899,372 | $ | 5,264,310 | $ | 23,173,652 | $ | 54,732,911 | ||||||||||
| Undistributed net investment income |
1,744,838 | 1,065,030 | 131,284 | 722,746 | 1,609,602 | |||||||||||||||
| Accumulated net realized gain (loss) on investments and foreign currency related transactions |
(956,926 | ) | (3,181,651 | ) | (174,458 | ) | (1,796,827 | ) | 708,277 | |||||||||||
| Net unrealized depreciation on investments and translation of assets and liabilities denominated in foreign currencies |
(25,865,840 | ) | (6,266,148 | ) | (1,309,048 | ) | (3,515,971 | ) | (14,863,714 | ) | ||||||||||
| NET ASSETS |
$ | 51,817,901 | $ | 24,516,603 | $ | 3,912,088 | $ | 18,583,600 | $ | 42,187,076 | ||||||||||
| Outstanding beneficial interest shares of $0.001 par value |
2,000,000 | 1,000,000 | 200,000 | 800,000 | 1,600,000 | |||||||||||||||
| Net asset value per share |
$ | 25.91 | $ | 24.52 | $ | 19.56 | $ | 23.23 | $ | 26.37 | ||||||||||
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 39 |
Table of Contents
Statements of Assets and Liabilities (unaudited) (concluded)
WisdomTree International Dividend Sector Funds
September 30, 2008
| WisdomTree International Financial Sector Fund |
WisdomTree International Health Care Sector Fund |
WisdomTree International Industrial Sector Fund |
WisdomTree International Technology Sector Fund |
WisdomTree International Utilities Sector Fund |
||||||||||||||||
| ASSETS: |
||||||||||||||||||||
| Investments, at cost |
$ | 20,575,917 | $ | 26,842,173 | $ | 44,748,201 | $ | 9,875,627 | $ | 70,133,570 | ||||||||||
| Foreign currency, at cost |
290,690 | 34,243 | 28,247 | 25,861 | 190,311 | |||||||||||||||
| Investments in securities, at value (including securities on loan) |
14,251,492 | 22,955,526 | 30,587,141 | 7,307,651 | 54,183,670 | |||||||||||||||
| Cash |
276,186 | 104,031 | 32,614 | 11,340 | 15,285 | |||||||||||||||
| Foreign currency, at value |
263,575 | 33,220 | 27,189 | 25,209 | 183,803 | |||||||||||||||
| Receivables: |
||||||||||||||||||||
| Investment securities sold |
7,601 | 8,193 | — | — | — | |||||||||||||||
| Dividends and interest |
82,737 | 103,475 | 150,058 | 30,103 | 84,881 | |||||||||||||||
| Foreign tax reclaims |
25,228 | 39,796 | 24,382 | 3,101 | 19,564 | |||||||||||||||
| Total Assets |
14,906,819 | 23,244,241 | 30,821,384 | 7,377,404 | 54,487,203 | |||||||||||||||
| LIABILITIES: |
||||||||||||||||||||
| Payables: |
||||||||||||||||||||
| Investment securities purchased |
431,935 | 128,053 | — | — | — | |||||||||||||||
| Foreign currency spot contracts |
7,958 | 2,143 | — | — | — | |||||||||||||||
| Advisory fees (Note 3) |
7,391 | 11,561 | 17,681 | 3,915 | 28,913 | |||||||||||||||
| Service fees (Note 2) |
56 | 87 | 134 | 30 | 219 | |||||||||||||||
| Total Liabilities |
447,340 | 141,844 | 17,815 | 3,945 | 29,132 | |||||||||||||||
| NET ASSETS |
$ | 14,459,479 | $ | 23,102,397 | $ | 30,803,569 | $ | 7,373,459 | $ | 54,458,071 | ||||||||||
| NET ASSETS: |
||||||||||||||||||||
| Paid-in capital |
$ | 21,693,835 | $ | 27,012,348 | $ | 46,884,279 | $ | 10,929,354 | $ | 70,934,802 | ||||||||||
| Undistributed net investment income |
763,524 | 546,214 | 1,343,144 | 173,304 | 2,043,741 | |||||||||||||||
| Accumulated net realized loss on investments and foreign currency related transactions |
(1,648,990 | ) | (564,462 | ) | (3,253,861 | ) | (1,160,121 | ) | (2,561,041 | ) | ||||||||||
| Net unrealized depreciation on investments and translation of assets and liabilities denominated in foreign currencies |
(6,348,890 | ) | (3,891,703 | ) | (14,169,993 | ) | (2,569,078 | ) | (15,959,431 | ) | ||||||||||
| NET ASSETS |
$ | 14,459,479 | $ | 23,102,397 | $ | 30,803,569 | $ | 7,373,459 | $ | 54,458,071 | ||||||||||
| Outstanding beneficial interest shares of $0.001 par value |
800,000 | 1,000,000 | 1,400,000 | 400,000 | 2,000,000 | |||||||||||||||
| Net asset value per share |
$ | 18.07 | $ | 23.10 | $ | 22.00 | $ | 18.43 | $ | 27.23 | ||||||||||
See Notes to Financial Statements.
| 40 | WisdomTree International Dividend Sector Funds |
Table of Contents
Statements of Operations (unaudited)
WisdomTree International Dividend Sector Funds
For the Six Months Ended September 30, 2008
| WisdomTree International Basic Materials Sector Fund |
WisdomTree International Communications Sector Fund |
WisdomTree International Consumer Discretionary Sector Fund |
WisdomTree International Consumer Staples Sector Fund |
WisdomTree International Energy Sector Fund |
||||||||||||||||
| INVESTMENT INCOME: |
||||||||||||||||||||
| Dividends1 |
$ | 1,306,017 | $ | 999,310 | $ | 115,889 | $ | 536,980 | $ | 1,467,620 | ||||||||||
| Securities lending income (Note 2) |
43,244 | 14,609 | — | 4,088 | 19,977 | |||||||||||||||
| Total investment income |
1,349,261 | 1,013,919 | 115,889 | 541,068 | 1,487,597 | |||||||||||||||
| EXPENSES: |
||||||||||||||||||||
| Advisory fees (Note 3) |
265,815 | 84,483 | 14,198 | 79,020 | 194,461 | |||||||||||||||
| Service fees (Note 2) |
2,016 | 641 | 108 | 599 | 1,475 | |||||||||||||||
| Total expenses |
267,831 | 85,124 | 14,306 | 79,619 | 195,936 | |||||||||||||||
| Net investment income |
1,081,430 | 928,795 | 101,583 | 461,449 | 1,291,661 | |||||||||||||||
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |
||||||||||||||||||||
| Net realized gain (loss) from: |
||||||||||||||||||||
| Investment transactions |
691,783 | (2,981,812 | ) | (101,861 | ) | (1,887,388 | ) | (662,108 | ) | |||||||||||
| In-kind redemptions |
(1,047,497 | ) | 778,937 | 64,211 | 623,312 | 1,686,481 | ||||||||||||||
| Foreign currency related transactions |
30,444 | 14,975 | (1,655 | ) | (36,424 | ) | (17,314 | ) | ||||||||||||
| Net realized loss |
(325,270 | ) | (2,187,900 | ) | (39,305 | ) | (1,300,500 | ) | 1,007,059 | |||||||||||
| Net change in unrealized depreciation from: |
||||||||||||||||||||
| Investment transactions |
(24,089,406 | ) | (5,005,836 | ) | (1,453,712 | ) | (3,824,259 | ) | (15,028,498 | ) | ||||||||||
| Translation of assets and liabilities denominated in foreign currencies |
(23,415 | ) | (98,514 | ) | (711 | ) | (13,179 | ) | (7,713 | ) | ||||||||||
| Net change in unrealized depreciation |
(24,112,821 | ) | (5,104,350 | ) | (1,454,423 | ) | (3,837,438 | ) | (15,036,211 | ) | ||||||||||
| Net realized and unrealized loss on investments |
(24,438,091 | ) | (7,292,250 | ) | (1,493,728 | ) | (5,137,938 | ) | (14,029,152 | ) | ||||||||||
| NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS |
$ | (23,356,661 | ) | $ | (6,363,455 | ) | $ | (1,392,145 | ) | $ | (4,676,489 | ) | $ | (12,737,491 | ) | |||||
| 1 |
Net of foreign withholding tax of $153,938, $106,822, $12,472, $56,225 and $144,146, respectively. |
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 41 |
Table of Contents
Statements of Operations (unaudited) (concluded)
WisdomTree International Dividend Sector Funds
For the Six Months Ended September 30, 2008
| WisdomTree International Financial Sector Fund |
WisdomTree International Health Care Sector Fund |
WisdomTree International Industrial Sector Fund |
WisdomTree International Technology Sector Fund |
WisdomTree International Utilities Sector Fund |
||||||||||||||||
| INVESTMENT INCOME: |
||||||||||||||||||||
| Dividends1 |
$ | 631,945 | $ | 318,052 | $ | 1,147,813 | $ | 132,643 | $ | 2,048,181 | ||||||||||
| Securities lending income (Note 2) |
7,360 | 3,202 | 27,452 | — | 67,350 | |||||||||||||||
| Total investment income |
639,305 | 321,254 | 1,175,265 | 132,643 | 2,115,531 | |||||||||||||||
| EXPENSES: |
||||||||||||||||||||
| Advisory fees (Note 3) |
52,039 | 64,438 | 132,301 | 27,099 | 216,844 | |||||||||||||||
| Service fees (Note 2) |
395 | 489 | 1,004 | 206 | 1,645 | |||||||||||||||
| Total expenses |
52,434 | 64,927 | 133,305 | 27,305 | 218,489 | |||||||||||||||
| Net investment income |
586,871 | 256,327 | 1,041,960 | 105,338 | 1,897,042 | |||||||||||||||
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |
||||||||||||||||||||
| Net realized gain (loss) from: |
||||||||||||||||||||
| Investment transactions |
(1,232,026 | ) | (266,644 | ) | (1,936,824 | ) | (966,609 | ) | (1,741,940 | ) | ||||||||||
| In-kind redemptions |
11,369 | (64,247 | ) | (364,680 | ) | 43,943 | (185,637 | ) | ||||||||||||
| Foreign currency related transactions |
(36,193 | ) | (250 | ) | (49,292 | ) | (27,480 | ) | (24,716 | ) | ||||||||||
| Net realized loss |
(1,256,850 | ) | (331,141 | ) | (2,350,796 | ) | (950,146 | ) | (1,952,293 | ) | ||||||||||
| Net change in unrealized depreciation from: |
||||||||||||||||||||
| Investment transactions |
(4,278,132 | ) | (1,995,076 | ) | (11,662,131 | ) | (1,157,753 | ) | (12,400,004 | ) | ||||||||||
| Translation of assets and liabilities denominated in foreign currencies |
(26,568 | ) | (10,490 | ) | (11,235 | ) | (1,701 | ) | (9,407 | ) | ||||||||||
| Net change in unrealized depreciation |
(4,304,700 | ) | (2,005,566 | ) | (11,673,366 | ) | (1,159,454 | ) | (12,409,411 | ) | ||||||||||
| Net realized and unrealized loss on investments |
(5,561,550 | ) | (2,336,707 | ) | (14,024,162 | ) | (2,109,600 | ) | (14,361,704 | ) | ||||||||||
| NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS |
$ | (4,974,679 | ) | $ | (2,080,380 | ) | $ | (12,982,202 | ) | $ | (2,004,262 | ) | $ | (12,464,662 | ) | |||||
| 1 |
Net of foreign withholding tax of $71,733, $30,409, $128,922, $13,830 and $258,885, respectively. |
See Notes to Financial Statements.
| 42 | WisdomTree International Dividend Sector Funds |
Table of Contents
Statements of Changes in Net Assets
WisdomTree International Dividend Sector Funds
| WisdomTree International Basic Materials Sector Fund |
WisdomTree International Communications Sector Fund |
WisdomTree International Consumer Discretionary Sector Fund |
||||||||||||||||||||||
| For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
|||||||||||||||||||
| INCREASE (DECREASE) IN NET ASSETS |
|
|||||||||||||||||||||||
| Net investment income |
$ | 1,081,430 | $ | 1,341,000 | $ | 928,795 | $ | 1,057,031 | $ | 101,583 | $ | 126,893 | ||||||||||||
| Net realized gain (loss) on investments and foreign currency related transactions |
(325,270 | ) | 2,519,524 | (2,187,900 | ) | 397,474 | (39,305 | ) | 133,185 | |||||||||||||||
| Net change in unrealized depreciation on investments and translation of assets and liabilities denominated in foreign currencies |
(24,112,821 | ) | (3,091,951 | ) | (5,104,350 | ) | (1,583,125 | ) | (1,454,423 | ) | (911,033 | ) | ||||||||||||
| Net increase (decrease) in net assets resulting from operations |
(23,356,661 | ) | 768,573 | (6,363,455 | ) | (128,620 | ) | (1,392,145 | ) | (650,955 | ) | |||||||||||||
| DIVIDENDS AND DISTRIBUTIONS: |
||||||||||||||||||||||||
| Net investment income |
— | (733,228 | ) | — | (964,567 | ) | — | (125,695 | ) | |||||||||||||||
| Capital gains |
— | (2,296 | ) | — | (2,148 | ) | — | (7,952 | ) | |||||||||||||||
| Total dividends and distributions |
— | (735,524 | ) | — | (966,715 | ) | — | (133,647 | ) | |||||||||||||||
| CAPITAL SHARE TRANSACTIONS: |
||||||||||||||||||||||||
| Net proceeds from sale of shares |
7,868,329 | 115,555,895 | 18,309,854 | 21,055,140 | 4,973,804 | 6,514,367 | ||||||||||||||||||
| Cost of shares redeemed |
(26,200,727 | ) | (28,487,717 | ) | (17,901,471 | ) | (12,661,696 | ) | (4,973,804 | ) | (6,514,494 | ) | ||||||||||||
| Net increase (decrease) in net assets resulting from capital share transactions |
(18,332,398 | ) | 87,068,178 | 408,383 | 8,393,444 | — | (127 | ) | ||||||||||||||||
| Net Increase (Decrease) in Net Assets |
(41,689,059 | ) | 87,101,227 | (5,955,072 | ) | 7,298,109 | (1,392,145 | ) | (784,729 | ) | ||||||||||||||
| NET ASSETS: |
||||||||||||||||||||||||
| Beginning of period |
$ | 93,506,960 | $ | 6,405,733 | $ | 30,471,675 | $ | 23,173,566 | $ | 5,304,233 | $ | 6,088,962 | ||||||||||||
| End of period |
$ | 51,817,901 | $ | 93,506,960 | $ | 24,516,603 | $ | 30,471,675 | $ | 3,912,088 | $ | 5,304,233 | ||||||||||||
| Undistributed net investment income included in net assets at end of period |
$ | 1,744,838 | $ | 663,408 | $ | 1,065,030 | $ | 136,235 | $ | 131,284 | $ | 29,701 | ||||||||||||
| SHARES CREATED AND REDEEMED: |
||||||||||||||||||||||||
| Shares outstanding, beginning of period |
2,600,000 | 200,004 | 1,000,000 | 800,004 | 200,000 | 200,004 | ||||||||||||||||||
| Shares created |
200,000 | 3,200,000 | 600,000 | 600,000 | 200,000 | 200,000 | ||||||||||||||||||
| Shares redeemed |
(800,000 | ) | (800,004 | ) | (600,000 | ) | (400,004 | ) | (200,000 | ) | (200,004 | ) | ||||||||||||
| Shares outstanding, end of period |
2,000,000 | 2,600,000 | 1,000,000 | 1,000,000 | 200,000 | 200,000 | ||||||||||||||||||
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 43 |
Table of Contents
Statements of Changes in Net Assets (continued)
WisdomTree International Dividend Sector Funds
| WisdomTree International Consumer Staples Sector Fund |
WisdomTree International Energy Sector Fund |
WisdomTree International Financial Sector Fund |
||||||||||||||||||||||
| For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
|||||||||||||||||||
| INCREASE (DECREASE) IN NET ASSETS |
|
|||||||||||||||||||||||
| Net investment income |
$ | 461,449 | $ | 610,002 | $ | 1,291,661 | $ | 1,049,785 | $ | 586,871 | $ | 712,259 | ||||||||||||
| Net realized gain (loss) on investments and foreign currency related transactions |
(1,300,500 | ) | 624,740 | 1,007,059 | 1,147,508 | (1,256,850 | ) | (223,369 | ) | |||||||||||||||
| Net change in unrealized depreciation on investments and translation of assets and liabilities denominated in foreign currencies |
(3,837,438 | ) | (1,215,218 | ) | (15,036,211 | ) | (897,949 | ) | (4,304,700 | ) | (2,738,864 | ) | ||||||||||||
| Net increase (decrease) in net assets resulting from operations |
(4,676,489 | ) | 19,524 | (12,737,491 | ) | 1,299,344 | (4,974,679 | ) | (2,249,974 | ) | ||||||||||||||
| DIVIDENDS AND DISTRIBUTIONS: |
||||||||||||||||||||||||
| Net investment income |
— | (495,845 | ) | — | (844,975 | ) | — | (588,762 | ) | |||||||||||||||
| Capital gains |
— | (5,840 | ) | — | (8,112 | ) | — | (48,176 | ) | |||||||||||||||
| Total dividends and distributions |
— | (501,685 | ) | — | (853,087 | ) | — | (636,938 | ) | |||||||||||||||
| CAPITAL SHARE TRANSACTIONS: |
||||||||||||||||||||||||
| Net proceeds from sale of shares |
5,298,399 | 23,039,884 | 23,273,271 | 47,397,442 | 4,399,586 | 5,885,784 | ||||||||||||||||||
| Cost of shares redeemed |
(15,726,876 | ) | (11,451,874 | ) | (25,910,210 | ) | (13,122,193 | ) | (4,399,586 | ) | (5,885,903 | ) | ||||||||||||
| Net increase (decrease) in net assets resulting from capital share transactions |
(10,428,477 | ) | 11,588,010 | (2,636,939 | ) | 34,275,249 | — | (119 | ) | |||||||||||||||
| Net Increase (Decrease) in Net Assets |
(15,104,966 | ) | 11,105,849 | (15,374,430 | ) | 34,721,506 | (4,974,679 | ) | (2,887,031 | ) | ||||||||||||||
| NET ASSETS: |
||||||||||||||||||||||||
| Beginning of period |
$ | 33,688,566 | $ | 22,582,717 | $ | 57,561,506 | $ | 22,840,000 | $ | 19,434,158 | $ | 22,321,189 | ||||||||||||
| End of period |
$ | 18,583,600 | $ | 33,688,566 | $ | 42,187,076 | $ | 57,561,506 | $ | 14,459,479 | $ | 19,434,158 | ||||||||||||
| Undistributed net investment income included in net assets at end of period |
$ | 722,746 | $ | 261,297 | $ | 1,609,602 | $ | 317,941 | $ | 763,524 | $ | 176,653 | ||||||||||||
| SHARES CREATED AND REDEEMED: |
||||||||||||||||||||||||
| Shares outstanding, beginning of period |
1,200,000 | 800,004 | 1,800,000 | 800,004 | 800,000 | 800,004 | ||||||||||||||||||
| Shares created |
200,000 | 800,000 | 600,000 | 1,400,000 | 200,000 | 200,000 | ||||||||||||||||||
| Shares redeemed |
(600,000 | ) | (400,004 | ) | (800,000 | ) | (400,004 | ) | (200,000 | ) | (200,004 | ) | ||||||||||||
| Shares outstanding, end of period |
800,000 | 1,200,000 | 1,600,000 | 1,800,000 | 800,000 | 800,000 | ||||||||||||||||||
See Notes to Financial Statements.
| 44 | WisdomTree International Dividend Sector Funds |
Table of Contents
Statements of Changes in Net Assets (continued)
WisdomTree International Dividend Sector Funds
| WisdomTree International Health Care Sector Fund |
WisdomTree International Industrial Sector Fund |
WisdomTree International Technology Sector Fund |
||||||||||||||||||||||
| For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
|||||||||||||||||||
| INCREASE (DECREASE) IN NET ASSETS |
|
|||||||||||||||||||||||
| Net investment income |
$ | 256,327 | $ | 722,588 | $ | 1,041,960 | $ | 843,342 | $ | 105,338 | $ | 136,673 | ||||||||||||
| Net realized gain (loss) on investments and foreign currency related transactions |
(331,141 | ) | 551,969 | (2,350,796 | ) | 781,829 | (950,146 | ) | 414,431 | |||||||||||||||
| Net change in unrealized depreciation on investments and translation of assets and liabilities denominated in foreign currencies |
(2,005,566 | ) | (2,676,846 | ) | (11,673,366 | ) | (3,952,002 | ) | (1,159,454 | ) | (1,639,373 | ) | ||||||||||||
| Net decrease in net assets resulting from operations |
(2,080,380 | ) | (1,402,289 | ) | (12,982,202 | ) | (2,326,831 | ) | (2,004,262 | ) | (1,088,269 | ) | ||||||||||||
| DIVIDENDS AND DISTRIBUTIONS: |
||||||||||||||||||||||||
| Net investment income |
— | (552,012 | ) | — | (634,622 | ) | — | (85,181 | ) | |||||||||||||||
| Capital gains |
— | (10,660 | ) | — | (39,830 | ) | — | (868 | ) | |||||||||||||||
| Total dividends and distributions |
— | (562,672 | ) | — | (674,452 | ) | — | (86,049 | ) | |||||||||||||||
| CAPITAL SHARE TRANSACTIONS: |
||||||||||||||||||||||||
| Net proceeds from sale of shares |
9,922,287 | 16,009,333 | 5,911,137 | 39,441,811 | 4,770,546 | 24,935,291 | ||||||||||||||||||
| Cost of shares redeemed |
(9,867,406 | ) | (10,452,443 | ) | (10,527,069 | ) | (12,948,475 | ) | (4,770,546 | ) | (19,629,650 | ) | ||||||||||||
| Net increase in net assets resulting from capital share transactions |
54,881 | 5,556,890 | (4,615,932 | ) | 26,493,336 | — | 5,305,641 | |||||||||||||||||
| Net Increase (Decrease) in Net Assets |
(2,025,499 | ) | 3,591,929 | (17,598,134 | ) | 23,492,053 | (2,004,262 | ) | 4,131,323 | |||||||||||||||
| NET ASSETS: |
||||||||||||||||||||||||
| Beginning of period |
$ | 25,127,896 | $ | 21,535,967 | $ | 48,401,703 | $ | 24,909,650 | $ | 9,377,721 | $ | 5,246,398 | ||||||||||||
| End of period |
$ | 23,102,397 | $ | 25,127,896 | $ | 30,803,569 | $ | 48,401,703 | $ | 7,373,459 | $ | 9,377,721 | ||||||||||||
| Undistributed net investment income included in net assets at end of period |
$ | 546,214 | $ | 289,887 | $ | 1,343,144 | $ | 301,184 | $ | 173,304 | $ | 67,966 | ||||||||||||
| SHARES CREATED AND REDEEMED: |
||||||||||||||||||||||||
| Shares outstanding, beginning of period |
1,000,000 | 800,004 | 1,600,000 | 800,004 | 400,000 | 200,004 | ||||||||||||||||||
| Shares created |
400,000 | 600,000 | 200,000 | 1,200,000 | 200,000 | 1,000,000 | ||||||||||||||||||
| Shares redeemed |
(400,000 | ) | (400,004 | ) | (400,000 | ) | (400,004 | ) | (200,000 | ) | (800,004 | ) | ||||||||||||
| Shares outstanding, end of period |
1,000,000 | 1,000,000 | 1,400,000 | 1,600,000 | 400,000 | 400,000 | ||||||||||||||||||
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 45 |
Table of Contents
Statements of Changes in Net Assets (concluded)
WisdomTree International Dividend Sector Funds
| WisdomTree International Utilities Sector Fund |
||||||||
| For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
|||||||
| INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
||||||||
| Net investment income |
$ | 1,897,042 | $ | 826,284 | ||||
| Net realized gain (loss) on investments and foreign currency related transactions |
(1,952,293 | ) | 3,072,352 | |||||
| Net change in unrealized depreciation on investments and translation of assets and liabilities denominated in foreign currencies |
(12,409,411 | ) | (5,485,398 | ) | ||||
| Net decrease in net assets resulting from operations |
(12,464,662 | ) | (1,586,762 | ) | ||||
| DIVIDENDS AND DISTRIBUTIONS: |
||||||||
| Net investment income |
— | (775,076 | ) | |||||
| Capital gains |
— | (2,828 | ) | |||||
| Total dividends and distributions |
— | (777,904 | ) | |||||
| CAPITAL SHARE TRANSACTIONS: |
||||||||
| Net proceeds from sale of shares |
12,930,101 | 83,117,506 | ||||||
| Cost of shares redeemed |
(24,568,753 | ) | (25,959,870 | ) | ||||
| Net increase (decrease) in net assets resulting from capital share transactions |
(11,638,652 | ) | 57,157,636 | |||||
| Net Increase (Decrease) in Net Assets |
(24,103,314 | ) | 54,792,970 | |||||
| NET ASSETS: |
||||||||
| Beginning of period |
$ | 78,561,385 | $ | 23,768,415 | ||||
| End of period |
$ | 54,458,071 | $ | 78,561,385 | ||||
| Undistributed net investment income included in net assets at end of period |
$ | 2,043,741 | $ | 146,699 | ||||
| SHARES CREATED AND REDEEMED: |
||||||||
| Shares outstanding, beginning of period |
2,400,000 | 800,004 | ||||||
| Shares created |
400,000 | 2,400,000 | ||||||
| Shares redeemed |
(800,000 | ) | (800,004 | ) | ||||
| Shares outstanding, end of period |
2,000,000 | 2,400,000 | ||||||
See Notes to Financial Statements.
| 46 | WisdomTree International Dividend Sector Funds |
Table of Contents
WisdomTree International Dividend Sector Funds
September 30, 2008
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree International Basic Materials Sector Fund |
|
For the Six Months Ended September 30, 2008 (unaudited) |
|
|
For the Year Ended March 31, 2008 |
|
|
For the Period October 13, 20061 through March 31, 2007 |
| |||
| Net asset value, beginning of period |
$ | 35.96 | $ | 32.03 | $ | 25.46 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
0.44 | 0.61 | 0.25 | |||||||||
| Net realized and unrealized gain (loss) |
(10.49 | ) | 3.58 | 6.32 | ||||||||
| Total from investment operations |
(10.05 | ) | 4.19 | 6.57 | ||||||||
| Dividends and distributions to shareholders: |
||||||||||||
| Net investment income |
— | (0.26 | ) | — | ||||||||
| Capital gains |
— | (0.00 | )3 | — | ||||||||
| Total dividends and distributions to shareholders |
— | (0.26 | ) | — | ||||||||
| Net asset value, end of period |
$ | 25.91 | $ | 35.96 | $ | 32.03 | ||||||
| TOTAL RETURN4 |
(27.95 | )% | 13.09 | % | 25.81 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 51,818 | $ | 93,507 | $ | 6,406 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements |
0.58 | %5 | 0.58 | % | 0.58 | %5 | ||||||
| Expenses, prior to expense reimbursements |
0.58 | %5 | 0.58 | % | 0.88 | %5 | ||||||
| Net investment income |
2.36 | %5 | 1.62 | % | 1.89 | %5 | ||||||
| Portfolio turnover rate6 |
32 | % | 11 | % | 0 | %7 | ||||||
| WisdomTree International Communications Sector Fund |
|
For the Six Months Ended September 30, 2008 (unaudited) |
|
|
For the Year Ended March 31, 2008 |
|
|
For the Period October 13, 20061 through March 31, 2007 |
| |||
| Net asset value, beginning of period |
$ | 30.47 | $ | 28.97 | $ | 25.38 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
0.96 | 1.17 | 0.16 | |||||||||
| Net realized and unrealized gain (loss) |
(6.91 | ) | 1.13 | 3.61 | ||||||||
| Total from investment operations |
(5.95 | ) | 2.30 | 3.77 | ||||||||
| Dividends and distributions to shareholders: |
||||||||||||
| Net investment income |
— | (0.80 | ) | (0.18 | ) | |||||||
| Capital gains |
— | (0.00 | )3 | (0.00 | )3 | |||||||
| Total dividends and distributions to shareholders |
— | (0.80 | ) | (0.18 | ) | |||||||
| Net asset value, end of period |
$ | 24.52 | $ | 30.47 | $ | 28.97 | ||||||
| TOTAL RETURN4 |
(19.53 | )% | 7.62 | % | 14.87 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 24,517 | $ | 30,472 | $ | 23,174 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements |
0.58 | %5 | 0.58 | % | 0.58 | %5 | ||||||
| Expenses, prior to expense reimbursements |
0.58 | %5 | 0.58 | % | 0.72 | %5 | ||||||
| Net investment income |
6.38 | %5 | 3.56 | % | 1.43 | %5 | ||||||
| Portfolio turnover rate6 |
45 | % | 19 | % | 0 | %7 | ||||||
| 1 |
Commencement of investment operations. |
| 2 |
Based on average shares outstanding. |
| 3 |
Amount is less than $0.005. |
| 4 |
Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. The total return would have been lower if certain expenses had not been reimbursed by the investment adviser (Note 2). |
| 5 |
Annualized. |
| 6 |
Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| 7 |
Amount represents less than 1%. |
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 47 |
Table of Contents
Financial Highlights (continued)
WisdomTree International Dividend Sector Funds
September 30, 2008
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree International Consumer Discretionary Sector Fund |
|
For the Six Months Ended September 30, 2008 (unaudited) |
|
|
For the Year Ended March 31, 2008 |
|
|
For the Period October 13, 20061 through March 31, 2007 |
| |||
| Net asset value, beginning of period |
$ | 26.52 | $ | 30.44 | $ | 25.27 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
0.51 | 0.64 | 0.15 | |||||||||
| Net realized and unrealized gain (loss) |
(7.47 | ) | (3.89 | ) | 5.06 | |||||||
| Total from investment operations |
(6.96 | ) | (3.25 | ) | 5.21 | |||||||
| Dividends and distributions to shareholders: |
||||||||||||
| Net investment income |
— | (0.63 | ) | (0.04 | ) | |||||||
| Capital gains |
— | (0.04 | ) | (0.00 | )3 | |||||||
| Total dividends and distributions to shareholders |
— | (0.67 | ) | (0.04 | ) | |||||||
| Net asset value, end of period |
$ | 19.56 | $ | 26.52 | $ | 30.44 | ||||||
| TOTAL RETURN4 |
(26.24 | )% | (10.82 | )% | 20.63 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 3,912 | $ | 5,304 | $ | 6,089 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements |
0.58 | %5 | 0.58 | % | 0.58 | %5 | ||||||
| Expenses, prior to expense reimbursements |
0.58 | %5 | 0.58 | % | 0.89 | %5 | ||||||
| Net investment income |
4.15 | %5 | 2.11 | % | 1.18 | %5 | ||||||
| Portfolio turnover rate6 |
27 | % | 21 | % | 3 | % | ||||||
| WisdomTree International Consumer Staples Sector Fund |
|
For the Six Months Ended September 30, 2008 (unaudited) |
|
|
For the Year Ended March 31, 2008 |
|
|
For the Period October 13, 20061 through March 31, 2007 |
| |||
| Net asset value, beginning of period |
$ | 28.07 | $ | 28.23 | $ | 24.89 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
0.46 | 0.66 | 0.25 | |||||||||
| Net realized and unrealized gain (loss) |
(5.30 | ) | (0.31 | ) | 3.11 | |||||||
| Total from investment operations |
(4.84 | ) | 0.35 | 3.36 | ||||||||
| Dividends and distributions to shareholders: |
||||||||||||
| Net investment income |
— | (0.50 | ) | (0.02 | ) | |||||||
| Capital gains |
— | (0.01 | ) | (0.00 | )3 | |||||||
| Total dividends and distributions to shareholders |
— | (0.51 | ) | (0.02 | ) | |||||||
| Net asset value, end of period |
$ | 23.23 | $ | 28.07 | $ | 28.23 | ||||||
| TOTAL RETURN4 |
(17.24 | )% | 1.12 | % | 13.49 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 18,584 | $ | 33,689 | $ | 22,583 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements |
0.58 | %5 | 0.58 | % | 0.58 | %5 | ||||||
| Expenses, prior to expense reimbursements |
0.58 | %5 | 0.58 | % | 0.69 | %5 | ||||||
| Net investment income |
3.39 | %5 | 2.30 | % | 2.08 | %5 | ||||||
| Portfolio turnover rate6 |
41 | % | 8 | % | 2 | % | ||||||
| 1 |
Commencement of investment operations. |
| 2 |
Based on average shares outstanding. |
| 3 |
Amount is less than $0.005. |
| 4 |
Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. The total return would have been lower if certain expenses had not been reimbursed by the investment adviser (Note 2). |
| 5 |
Annualized. |
| 6 |
Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| 48 | WisdomTree International Dividend Sector Funds |
Table of Contents
Financial Highlights (continued)
WisdomTree International Dividend Sector Funds
September 30, 2008
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree International Energy Sector Fund |
|
For the Six Months Ended September 30, 2008 (unaudited) |
|
|
For the Year Ended March 31, 2008 |
|
|
For the Period October 13, 20061 through March 31, 2007 |
| |||
| Net asset value, beginning of period |
$ | 31.98 | $ | 28.55 | $ | 25.44 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
0.67 | 0.79 | 0.22 | |||||||||
| Net realized and unrealized gain (loss) |
(6.28 | ) | 3.18 | 2.92 | ||||||||
| Total from investment operations |
(5.61 | ) | 3.97 | 3.14 | ||||||||
| Dividends and distributions to shareholders: |
||||||||||||
| Net investment income |
— | (0.53 | ) | (0.03 | ) | |||||||
| Capital gains |
— | (0.01 | ) | — | ||||||||
| Total dividends and distributions to shareholders |
— | (0.54 | ) | (0.03 | ) | |||||||
| Net asset value, end of period |
$ | 26.37 | $ | 31.98 | $ | 28.55 | ||||||
| TOTAL RETURN3 |
(17.54 | )% | 13.84 | % | 12.36 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 42,187 | $ | 57,562 | $ | 22,840 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements |
0.58 | %4 | 0.58 | % | 0.58 | %4 | ||||||
| Expenses, prior to expense reimbursements |
0.58 | %4 | 0.58 | % | 0.69 | %4 | ||||||
| Net investment income |
3.85 | %4 | 2.43 | % | 1.82 | %4 | ||||||
| Portfolio turnover rate5 |
26 | % | 13 | % | 1 | % | ||||||
| WisdomTree International Financial Sector Fund |
|
For the Six Months Ended September 30, 2008 (unaudited) |
|
|
For the Year Ended March 31, 2008 |
|
|
For the Period October 13, 20061 through March 31, 2007 |
| |||
| Net asset value, beginning of period |
$ | 24.29 | $ | 27.90 | $ | 25.34 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
0.73 | 0.89 | 0.19 | |||||||||
| Net realized and unrealized gain (loss) |
(6.95 | ) | (3.70 | ) | 2.42 | |||||||
| Total from investment operations |
(6.22 | ) | (2.81 | ) | 2.61 | |||||||
| Dividends and distributions to shareholders: |
||||||||||||
| Net investment income |
— | (0.74 | ) | (0.05 | ) | |||||||
| Capital gains |
— | (0.06 | ) | (0.00 | )6 | |||||||
| Total dividends and distributions to shareholders |
— | (0.80 | ) | (0.05 | ) | |||||||
| Net asset value, end of period |
$ | 18.07 | $ | 24.29 | $ | 27.90 | ||||||
| TOTAL RETURN3 |
(25.61 | )% | (10.29 | )% | 10.32 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 14,459 | $ | 19,434 | $ | 22,321 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements |
0.58 | %4 | 0.58 | % | 0.58 | %4 | ||||||
| Expenses, prior to expense reimbursements |
0.58 | %4 | 0.58 | % | 0.86 | %4 | ||||||
| Net investment income |
6.54 | %4 | 3.24 | % | 1.98 | %4 | ||||||
| Portfolio turnover rate5 |
29 | % | 15 | % | 5 | % | ||||||
| 1 |
Commencement of investment operations. |
| 2 |
Based on average shares outstanding. |
| 3 |
Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. The total return would have been lower if certain expenses had not been reimbursed by the investment adviser (Note 2). |
| 4 |
Annualized. |
| 5 |
Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| 6 |
Amount represents less than $0.005. |
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 49 |
Table of Contents
Financial Highlights (continued)
WisdomTree International Dividend Sector Funds
September 30, 2008
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree International Health Care Sector Fund | For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
For the Period October 13, 20061 through March 31, 2007 |
|||||||||
| Net asset value, beginning of period |
$ | 25.13 | $ | 26.92 | $ | 24.93 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
0.28 | 0.82 | 0.22 | |||||||||
| Net realized and unrealized gain (loss) |
(2.31 | ) | (2.05 | ) | 1.78 | |||||||
| Total from investment operations |
(2.03 | ) | (1.23 | ) | 2.00 | |||||||
| Dividends and distributions to shareholders: |
||||||||||||
| Net investment income |
— | (0.55 | ) | (0.01 | ) | |||||||
| Capital gains |
— | (0.01 | ) | — | ||||||||
| Total dividends and distributions to shareholders |
— | (0.56 | ) | (0.01 | ) | |||||||
| Net asset value, end of period |
$ | 23.10 | $ | 25.13 | $ | 26.92 | ||||||
| TOTAL RETURN3 |
(8.08 | )% | (4.66 | )% | 8.03 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 23,102 | $ | 25,128 | $ | 21,536 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements |
0.58 | %4 | 0.58 | % | 0.58 | %4 | ||||||
| Expenses, prior to expense reimbursements |
0.58 | %4 | 0.58 | % | 0.69 | %4 | ||||||
| Net investment income |
2.31 | %4 | 3.05 | % | 1.81 | %4 | ||||||
| Portfolio turnover rate5 |
12 | % | 4 | % | 3 | % | ||||||
| WisdomTree International Industrial Sector Fund | For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
For the Period October 13, 20061 through March 31, 2007 |
|||||||||
| Net asset value, beginning of period |
$ | 30.25 | $ | 31.14 | $ | 25.39 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
0.66 | 0.64 | 0.23 | |||||||||
| Net realized and unrealized gain (loss) |
(8.91 | ) | (1.05 | ) | 5.54 | |||||||
| Total from investment operations |
(8.25 | ) | (0.41 | ) | 5.77 | |||||||
| Dividends and distributions to shareholders: |
||||||||||||
| Net investment income |
— | (0.45 | ) | (0.02 | ) | |||||||
| Capital gains |
— | (0.03 | ) | (0.00 | )6 | |||||||
| Total dividends and distributions to shareholders |
— | (0.48 | ) | (0.02 | ) | |||||||
| Net asset value, end of period |
$ | 22.00 | $ | 30.25 | $ | 31.14 | ||||||
| TOTAL RETURN3 |
(27.27 | )% | (1.38 | )% | 22.75 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 30,804 | $ | 48,402 | $ | 24,910 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements |
0.58 | %4 | 0.58 | % | 0.58 | %4 | ||||||
| Expenses, prior to expense reimbursements |
0.58 | %4 | 0.58 | % | 0.76 | %4 | ||||||
| Net investment income |
4.57 | %4 | 1.93 | % | 1.98 | %4 | ||||||
| Portfolio turnover rate5 |
26 | % | 11 | % | 1 | % | ||||||
| 1 |
Commencement of investment operations. |
| 2 |
Based on average shares outstanding. |
| 3 |
Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. The total return would have been lower if certain expenses had not been reimbursed by the investment adviser (Note 2). |
| 4 |
Annualized. |
| 5 |
Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| 6 |
Amount represents less than $0.005. |
See Notes to Financial Statements.
| 50 | WisdomTree International Dividend Sector Funds |
Table of Contents
Financial Highlights (concluded)
WisdomTree International Dividend Sector Funds
September 30, 2008
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree International Technology Sector Fund | For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
For the Period October 13, 20061 through March 31, 2007 |
|||||||||
| Net asset value, beginning of period |
$ | 23.44 | $ | 26.23 | $ | 25.13 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
0.26 | 0.36 | 0.11 | |||||||||
| Net realized and unrealized gain (loss) |
(5.27 | ) | (2.94 | ) | 1.02 | |||||||
| Total from investment operations |
(5.01 | ) | (2.58 | ) | 1.13 | |||||||
| Dividends and distributions to shareholders: |
||||||||||||
| Net investment income |
— | (0.21 | ) | (0.03 | ) | |||||||
| Capital gains |
— | (0.00 | )3 | — | ||||||||
| Total dividends and distributions to shareholders |
— | (0.21 | ) | (0.03 | ) | |||||||
| Net asset value, end of period |
$ | 18.43 | $ | 23.44 | $ | 26.23 | ||||||
| TOTAL RETURN4 |
(21.37 | )% | (9.85 | )% | 4.51 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 7,373 | $ | 9,378 | $ | 5,246 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements |
0.58 | %5 | 0.58 | % | 0.58 | %5 | ||||||
| Expenses, prior to expense reimbursements |
0.58 | %5 | 0.58 | % | 0.91 | %5 | ||||||
| Net investment income |
2.25 | %5 | 1.28 | % | 0.87 | %5 | ||||||
| Portfolio turnover rate6 |
59 | % | 14 | % | 2 | % | ||||||
| WisdomTree International Utilities Sector Fund | For the Six Months Ended September 30, 2008 (unaudited) |
For the Year Ended March 31, 2008 |
For the Period October 13, 20061 through March 31, 2007 |
|||||||||
| Net asset value, beginning of period |
$ | 32.73 | $ | 29.71 | $ | 24.96 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
0.82 | 0.55 | 0.18 | |||||||||
| Net realized and unrealized gain (loss) |
(6.32 | ) | 2.75 | 4.61 | ||||||||
| Total from investment operations |
(5.50 | ) | 3.30 | 4.79 | ||||||||
| Dividends and distributions to shareholders: |
||||||||||||
| Net investment income |
— | (0.28 | ) | (0.04 | ) | |||||||
| Capital gains |
— | (0.00 | )3 | — | ||||||||
| Total dividends and distributions to shareholders |
— | (0.28 | ) | (0.04 | ) | |||||||
| Net asset value, end of period |
$ | 27.23 | $ | 32.73 | $ | 29.71 | ||||||
| TOTAL RETURN4 |
(16.80 | )% | 11.05 | % | 19.18 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 54,458 | $ | 78,561 | $ | 23,768 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements |
0.58 | %5 | 0.58 | % | 0.58 | %5 | ||||||
| Expenses, prior to expense reimbursements |
0.58 | %5 | 0.58 | % | 0.68 | %5 | ||||||
| Net investment income |
5.07 | %5 | 1.62 | % | 1.38 | %5 | ||||||
| Portfolio turnover rate6 |
34 | % | 13 | % | 1 | % | ||||||
| 1 |
Commencement of investment operations. |
| 2 |
Based on average shares outstanding. |
| 3 |
Amount is less than $0.005. |
| 4 |
Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. The total return would have been lower if certain expenses had not been reimbursed by the investment adviser (Note 2). |
| 5 |
Annualized. |
| 6 |
Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 51 |
Table of Contents
Notes to Financial Statements (unaudited)
1. ORGANIZATION
WisdomTree Trust (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Trust was established as a Delaware statutory trust pursuant to a Trust Instrument dated December 15, 2005. As of September 30, 2008, the Trust offered 49 investment funds (each a “Fund”, collectively, the “Funds”). The Funds described herein, commenced operations on October 13, 2006.
These financial statements relate only to the WisdomTree International Basic Materials Sector Fund (“International Basic Materials Sector Fund”), WisdomTree International Communications Sector Fund (“International Communications Sector Fund”), WisdomTree International Consumer Discretionary Sector Fund (“International Consumer Discretionary Sector Fund”), WisdomTree International Consumer Staples Sector Fund (“International Consumer Staples Sector Fund”), WisdomTree International Energy Sector Fund (“International Energy Sector Fund”), WisdomTree International Financial Sector Fund (“International Financial Sector Fund”), WisdomTree International Health Care Sector Fund (“International Health Care Sector Fund”), WisdomTree International Industrial Sector Fund (“International Industrial Sector Fund”), WisdomTree International Technology Sector Fund (“International Technology Sector Fund”) and WisdomTree International Utilities Sector Fund (“International Utilities Sector Fund”), together the “International Dividend Sector Funds.”
Each Fund seeks investment returns that closely correspond to the price and yield performance, before fees and expenses, of a particular index (“Index”) developed by WisdomTree Investments, Inc. (“Wisdom Tree Investments”). Each Fund described here in is considered to be non-diversified.
In the normal course of business the Funds may enter into contracts that contain a variety of representations or that provide indemnification for certain liabilities. The Funds’ maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Funds that have not yet occurred. However, the Funds have not had prior claims or losses pursuant to these contracts and expect the risk of loss to be remote.
The preparation of financial statements in conformity with U.S. Generally Accepted Accounting Principles (“U.S. GAAP”), requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in the net assets from operations during the reporting period. Actual results could differ from those estimates.
2. SIGNIFICANT ACCOUNTING POLICIES
(a) Investment Valuation — The Net Asset Value (“NAV”) of each Fund’s shares is calculated each day the national securities exchanges are open for trading as of the close of regular trading on the New York Stock Exchange, generally 4:00 p.m. New York time. NAV per share is calculated by dividing a Fund’s net assets by the number of Fund shares outstanding. Securities traded on any recognized U.S. or non-U.S. exchange are valued at the last sale price or official closing price on the exchange or system on which they are principally traded. Events occurring after the close of trading on non-U.S. exchanges may result in adjustments to the valuation of foreign securities to more accurately reflect their fair value as of the close of regular trading on the New York Stock Exchange. The Fund may rely on an independent fair valuation service in adjusting the valuations of foreign securities. Unlisted equity securities are valued at the last quoted sale price or, if no sale price is available, at the mean between the most recently quoted bid and asked prices. Securities for which market quotations are not readily available are valued at fair value as determined by management and in accordance with procedures approved by the Board of Trustees. Short-term securities with 60 days or less remaining to maturity are valued using the amortized cost method, which approximates current market value.
Effective April 1, 2008, the Funds adopted Financial Accounting Standards Board (“FASB”) Statement of Financial Accounting Standards No. 157 (“FAS 157”), “FairValue Measurements.” This standard defines fair value, establishes a framework for measuring fair value in accordance with generally accepted accounting principles and expands disclosure about fair value measurements. Various inputs are used in determining the value of the Funds’ investments. These inputs are summarized in the three broad levels listed below.
Level 1 – quoted prices in active markets for identical securities
Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)
Level 3 – significant unobservable inputs (including each Fund’s assumption in determining the fair value of investments)
Investments that use Level 2 or Level 3 inputs may include, but are not limited to: (i) an unlisted security related to corporate actions; (ii) a restricted security (e.g., one that may not be publicly sold without registration under the Securities Act of 1933, as amended); (iii) a security whose trading has been suspended or which has been de-listed from its primary trading exchange; (iv) a security that is thinly traded; (v) a security in default or bankruptcy proceedings for which there is no current market quotation; (vi) a security affected by currency controls or restrictions; and (vii) a security affected by a significant event (e.g., an event that occurs after the close of the markets on which the security is traded but before the time as of which a Fund’s net asset value is computed and that may materially affect the value of the Fund’s investments). Examples of events that may be “significant events” are government actions, natural disasters, armed conflict and acts of terrorism.
| 52 | WisdomTree International Dividend Sector Funds |
Table of Contents
Notes to Financial Statements (unaudited) (continued)
The inputs or methodology used for valuation are not necessarily an indication of the risk associated with investing in those investments.
The following is a summary of the inputs used as of September 30, 2008 in valuing each Fund’s assets carried at fair value:
| Fund | Level 1 –Quoted Prices Valuation Inputs |
Level 2 –Other Significant Observable Inputs |
Level 3 – Significant Unobservable Inputs |
Total | ||||||||
| International Basic Materials Sector Fund |
$ | 51,414,640 | $ | — | $ | — | $ | 51,414,640 | ||||
| International Communications Sector Fund |
24,236,441 | — | — | 24,236,441 | ||||||||
| International Consumer Discretionary Sector Fund |
3,862,587 | — | — | 3,862,587 | ||||||||
| International Consumer Staples Sector Fund |
18,350,526 | — | — | 18,350,526 | ||||||||
| International Energy Sector Fund |
41,909,706 | — | — | 41,909,706 | ||||||||
| International Financial Sector Fund |
14,250,320 | 1,172 | — | 14,251,492 | ||||||||
| International Health Care Sector Fund |
22,955,526 | — | — | 22,955,526 | ||||||||
| International Industrial Sector Fund |
30,587,141 | — | — | 30,587,141 | ||||||||
| International Technology Sector Fund |
7,307,651 | — | — | 7,307,651 | ||||||||
| International Utilities Sector Fund |
54,183,670 | — | — | 54,183,670 | ||||||||
(b) Investment Transactions — Investment transactions are recorded as of the date that the securities are purchased or sold (trade date). Realized gains and losses on sales of portfolio securities are calculated using the identified-cost method.
(c) Foreign Currency Translation — The accounting records of the Funds are maintained in U.S. dollars. Foreign currencies, as well as investment securities and other assets and liabilities denominated in foreign currencies, are translated into U.S. dollars using exchange rates deemed appropriate by the investment adviser. Realized and unrealized foreign exchange gains or losses on investments are included as a component of net realized and unrealized gain or loss on foreign currency transactions in the Statements of Operations. Certain foreign exchange gains and losses included in realized and unrealized gains or losses are included in, or are a reduction of, ordinary income in accordance with U.S. Federal income tax regulations.
(d) Investment Income — Dividend income is recognized on the ex-dividend date, net of any foreign taxes withheld. Interest income is accrued daily. The value of additional securities received as dividend payments is recorded as income and as an increase to the cost basis of such securities.
(e) Expenses/Reimbursements — WisdomTree Asset Management (“WTAM”) has agreed to pay all expenses of the Funds, except for: (i) brokerage expenses and other expenses (such as stamp taxes) connected with the execution of portfolio transactions or in connection with creation and redemption transactions; (ii) legal fees or expenses in connection with any arbitration, litigation or pending or threatened arbitration or litigation, including any settlements in connection therewith; (iii) compensation and expenses of each Independent Trustee; (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s chief compliance officer; (vi) extraordinary expenses; (vii) distribution fees and expenses paid by the Trust under any distribution plan adopted pursuant to Rule 12b-1 under the 1940 Act; and (viii) the advisory fee payable to WTAM.
Pursuant to a separate contractual arrangement, WTAM has arranged for the provision of chief compliance officer (“CCO”) services to the Funds and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees, in exchange for a service fee paid by each Fund of up to 0.0044% of each Fund’s average daily net assets. Trustees fees, which are included in Service Fees on the Statements of Operations, of $171,869 have been paid on behalf of the Funds of the Trust to the Independent Trustees for the six month period ended September 30, 2008.
(f) Security Lending — Each Fund may lend portfolio securities to certain creditworthy borrowers, including the Funds’ securities lending agent. The loans are collateralized at all times by cash and/or high grade debt obligations in an amount at least equal to 102% of the market value of domestic securities loaned (105% in the case of foreign securities loaned) as determined at the close of business on the preceding business day. Each Fund receives compensation for lending its securities from interest or dividends earned on the cash or U.S. government securities held as collateral, net of fee rebates paid to the borrower plus reasonable administrative and custody fees. The dividend and interest income earned on the securities loaned is accounted for in the same manner as other dividend and interest income. The borrower pays to the Funds an amount equal to any dividends or interest received on loaned securities. The Funds retain all or a portion of the interest received on investment of cash collateral or receives a fee from the borrower. Lending portfolio securities could result in a loss or delay in recovering each Fund’s securities if the borrower defaults.
The securities lending income earned by the Funds is disclosed on the Statements of Operations.
(g) Tax Information and Dividends and Distributions to Shareholders — It is each Fund’s policy to comply with all requirements of the Internal Revenue Code of 1986, as amended (the “Code”). Each Fund intends to qualify for and to elect treatment as a separate Regulated Investment Company (“RIC”) under Subchapter M of the Code. It is the policy of each Fund to pay out dividends, if any, to investors at least annually. Taxable net realized gains from investment transactions, reduced by capital loss carryforwards, if any, are declared and distributed to shareholders at least annually. The capital loss carryforward amount, if any, is available to offset
| WisdomTree International Dividend Sector Funds | 53 |
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Notes to Financial Statements (unaudited) (continued)
future net capital gains. The Funds may occasionally be required to make supplemental distributions at some other time during the year. The Trust reserves the right to declare special distributions if, in its reasonable discretion, such action is necessary or advisable to preserve the status of each Fund as a RIC or to avoid imposition of income or excise taxes on undistributed income. Dividends and distributions to shareholders are recorded on the ex-dividend date. The amount of dividends and distributions from net investment income and net realized capital gains are determined in accordance with Federal income tax regulations which may differ from U.S. GAAP. These book/tax differences are either considered temporary or permanent in nature. To the extent these differences are permanent in nature, such amounts are reclassified within the components of net assets based on their federal tax basis treatment; temporary differences do not require reclassification. Dividends and distributions, which exceed earnings and profit for tax purposes, are reported as a tax return of capital.
The Funds adopted the provisions of Financial Accounting Standards Board (“FASB”) Interpretation No. 48, Accounting for Uncertainty in Income Taxes (“FIN 48”). This interpretation prescribes a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Foreign taxes are provided for based on each Fund’s understanding of the tax rules and rates that exist in the foreign markets in which it invests. Taxes are accrued and applied to net investment income, net realized capital gains and net unrealized appreciation, as applicable, as the income is earned or capital gains are recorded. If applicable, the Funds will recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in “Other” expenses on the Statements of Operations. Management has evaluated the application of FIN 48 to the Funds, and has determined that there is no impact resulting from the adoption of this interpretation on the Funds’ financial statements.
(h) Short-Term Investments — Each Fund may invest a portion of its assets in high-quality money market instruments on an ongoing basis to provide liquidity or for other reasons. The instruments in which a Fund may invest include short-term obligations issued by the U.S. Government, negotiable certificates of deposit (“CDs”), fixed time deposits and bankers’ acceptances of U.S. and foreign banks and similar institutions, commercial papers, repurchase agreements and money market funds. CDs are short-term negotiable obligations of commercial banks. Time deposits are non-negotiable deposits maintained in banking institutions for specified periods of time at stated interest rates. Banker’s acceptances are time drafts drawn on commercial banks by borrowers, usually in connection with international transactions.
3. ADVISER FEES AND TRANSACTIONS
As investment adviser, WTAM has overall responsibility for the general management and administration of the Trust. WTAM provides an investment program for each Fund. WTAM also arranges for sub-advisory, transfer agency, custody, fund administration, and all other non-distribution related services necessary for the Funds to operate. Under the Investment Advisory Agreement for each Fund, WTAM agrees to pay all expenses of the Trust, except compensation and expenses of the Independent Trustees, counsel to the Independent Trustees and the Trust’s Chief Compliance Officer, interest expenses and taxes, brokerage expenses, and other expenses connected with the execution of portfolio transactions, any distribution fees or expenses, legal fees or expenses and extraordinary expenses. Pursuant to a separate contractual arrangement, WTAM arranges for the provision of chief compliance officer (“CCO”) services with respect to each Fund and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees. The fees paid to WTAM for providing advisory services are listed below.
| Fund | Fee Rate | ||
| International Basic Materials Sector Fund |
0.58 | % | |
| International Communications Sector Fund |
0.58 | % | |
| International Consumer Discretionary Sector Fund |
0.58 | % | |
| International Consumer Staples Sector Fund |
0.58 | % | |
| International Energy Sector Fund |
0.58 | % | |
| International Financial Sector Fund |
0.58 | % | |
| International Health Care Sector Fund |
0.58 | % | |
| International Industrial Sector Fund |
0.58 | % | |
| International Technology Sector Fund |
0.58 | % | |
| International Utilities Sector Fund |
0.58 | % |
Each Fund may purchase shares of an affiliated exchange traded fund(s) in secondary market transactions. For the six months ended September 30, 2008, there were no transactions in affiliated ETFs.
4. CAPITAL SHARE TRANSACTIONS
As of September 30, 2008, there was an unlimited number of $0.001 par value shares of beneficial interest authorized by the Trust. Shares are issued and redeemed by each Fund only in Creation Units or multiples thereof. Except when aggregated in Creation Units, shares of each Fund are not redeemable. Transactions in shares for each Fund are disclosed in detail in the Statements of
| 54 | WisdomTree International Dividend Sector Funds |
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Notes to Financial Statements (unaudited) (continued)
Changes in Net Assets. The consideration for the purchase of Creation Units of a Fund generally consists of the in-kind contribution of a designated portfolio of equity securities constituting a portfolio sampling representation of the securities included in the relevant Fund’s underlying index and an amount of cash. Investors purchasing and redeeming Creation Units may be charged a purchase transaction fee and a redemption transaction fee to offset transfer and other transaction costs associated with the issuance and redemption of Creation Units.
5. INVESTMENT PORTFOLIO TRANSACTIONS
Purchases and sales of investments (excluding in-kind purchases and redemptions and short-term investments) for the six months ended September 30, 2008 were as follows:
| Fund | Purchases | Sales | ||||
| International Basic Materials Sector Fund |
$ | 29,992,849 | $ | 28,393,200 | ||
| International Communications Sector Fund |
13,326,465 | 12,549,896 | ||||
| International Consumer Discretionary Sector Fund |
1,391,195 | 1,291,918 | ||||
| International Consumer Staples Sector Fund |
10,833,090 | 10,723,487 | ||||
| International Energy Sector Fund |
16,858,040 | 16,854,099 | ||||
| International Financial Sector Fund |
5,490,393 | 4,972,942 | ||||
| International Health Care Sector Fund |
3,135,838 | 2,738,945 | ||||
| International Industrial Sector Fund |
12,326,764 | 11,372,923 | ||||
| International Technology Sector Fund |
5,540,856 | 5,365,736 | ||||
| International Utilities Sector Fund |
26,835,976 | 25,491,469 | ||||
For the six months ended September 30, 2008, the cost of in-kind purchases and the proceeds from in-kind redemptions were as follows:
| Fund | Purchases | Redemptions | ||||
| International Basic Materials Sector Fund |
$ | 4,277,685 | $ | 22,329,329 | ||
| International Communications Sector Fund |
12,390,080 | 12,015,574 | ||||
| International Consumer Discretionary Sector Fund |
441,291 | 441,653 | ||||
| International Consumer Staples Sector Fund |
3,023,913 | 13,152,082 | ||||
| International Energy Sector Fund |
21,902,831 | 23,142,919 | ||||
| International Financial Sector Fund |
50,401 | 50,427 | ||||
| International Health Care Sector Fund |
6,170,180 | 6,164,245 | ||||
| International Industrial Sector Fund |
3,894,198 | 8,433,843 | ||||
| International Technology Sector Fund |
346,747 | 356,873 | ||||
| International Utilities Sector Fund |
6,375,102 | 17,711,889 | ||||
Gains and losses on in-kind redemptions are not recognized at the Fund level for tax purposes.
6. FEDERAL INCOME TAXES
At September 30, 2008, the cost of investments (including securities on loan) for Federal income tax purposes was as follows:
| Fund | Tax Cost | Gross Unrealized Appreciation |
Gross Unrealized Depreciation |
Net Unrealized Depreciation |
||||||||||
| International Basic Materials Sector Fund |
$ | 77,272,082 | $ | 122,589 | $ | (25,980,031 | ) | $ | (25,857,442 | ) | ||||
| International Communications Sector Fund |
30,498,656 | 58,065 | (6,320,280 | ) | (6,262,215 | ) | ||||||||
| International Consumer Discretionary Sector Fund |
5,171,107 | 115,471 | (1,423,991 | ) | (1,308,520 | ) | ||||||||
| International Consumer Staples Sector Fund |
21,857,832 | 54,374 | (3,561,680 | ) | (3,507,306 | ) | ||||||||
| International Energy Sector Fund |
56,764,794 | 737,407 | (15,592,495 | ) | (14,855,088 | ) | ||||||||
| International Financial Sector Fund |
20,575,917 | 58,901 | (6,383,326 | ) | (6,324,425 | ) | ||||||||
| International Health Care Sector Fund |
26,842,173 | 289,345 | (4,175,992 | ) | (3,886,647 | ) | ||||||||
| International Industrial Sector Fund |
44,748,201 | 126,350 | (14,287,410 | ) | (14,161,060 | ) | ||||||||
| International Technology Sector Fund |
9,875,627 | 49,523 | (2,617,499 | ) | (2,567,976 | ) | ||||||||
| International Utilities Sector Fund |
70,133,570 | 384,055 | (16,333,955 | ) | (15,949,900 | ) | ||||||||
| WisdomTree International Dividend Sector Funds | 55 |
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Notes to Financial Statements (unaudited) (concluded)
7. NEW ACCOUNTING PRONOUNCEMENT
On March 19, 2008, the FASB released Statement of Financial Accounting Standards No. 161, Disclosures about Derivative Instruments and Hedging Activities (“FAS 161”). FAS 161 requires qualitative disclosures about objectives and strategies for using derivatives, quantitative disclosures about fair value amounts of gains and losses on derivative instruments, and disclosures about credit-risk-related contingent features in derivative agreements. The application of FAS 161 is required for fiscal years beginning after November 15, 2008 and interim periods within those fiscal years. At this time, management is evaluating the implications of FAS 161 and its impact on the financial statements has not yet been determined.
| 56 | WisdomTree International Dividend Sector Funds |
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Proxy Voting Policies, Procedures and Record
A description of the policies and procedures that the Trust uses to determine how to vote proxies related to each Fund’s portfolio securities, and information on how the Trust voted proxies during the period ended June 30, 2008, is available without charge, upon request (i) by calling 1-866-909-WISE, (ii) on the Trust’s website at www.wisdomtree.com and (iii) on the Securities and Exchange Commission’s (“SEC”) website at www.sec.gov.
Shareholder Reports and Quarterly Portfolio Disclosure
The Funds are required to file their complete schedule of portfolio holdings with the SEC for their first and third fiscal quarters on Form N-Q. Copies of the filings are available, without charge, upon request on the SEC’s website at www.sec.gov, and are also available by calling the Trust at 1-866-909-WISE. You can also obtain copies of Form N-Q by (i) visiting the SEC’s Public Reference Room in Washington, DC (information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330). (ii) sending your request and a duplicating fee to the SEC’s Public Reference Room, Washington, DC 20549-0102 or (iii) sending your request electronically to publicinfosec.gov.
Information about each Fund’s portfolio holdings is available daily, without charge, at www.wisdomtree.com.
The Fund’s Statement of Additional Information (“SAI”) has additional information about the Funds’ Trustees and Officers and is available without charge upon request. Contact your financial representative for a free prospectus or SAI.
| WisdomTree International Dividend Sector Funds | 57 |
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The WisdomTree® Family of Funds
The following is a list of WisdomTree Funds being offered, along with their respective ticker symbols as of September 30, 2008:
| WisdomTree Domestic Dividend Funds
WisdomTree Total Dividend Fund (DTD)
WisdomTree High-Yielding Equity Fund (DHS)
WisdomTree LargeCap Dividend Fund (DLN)
WisdomTree Dividend Top 100 Fund (DTN)
WisdomTree MidCap Dividend Fund (DON)
WisdomTree SmallCap Dividend Fund (DES)
WisdomTree International Dividend Funds
WisdomTree DEFA Fund (DWM)
WisdomTree DEFA High-Yielding Equity Fund (DTH)
WisdomTree Europe Total Dividend Fund (DEB)
WisdomTree Europe High-Yielding Equity Fund (DEW)
WisdomTree Europe SmallCap Dividend Fund (DFE)
WisdomTree Japan Total Dividend Fund (DXJ)
WisdomTree Japan High-Yielding Equity Fund (DNL)
WisdomTree Japan SmallCap Dividend Fund (DFJ)
WisdomTree Pacific ex-Japan Total Dividend Fund (DND)
WisdomTree Pacific ex-Japan High-Yielding Equity Fund (DNH)
WisdomTree International LargeCap Dividend Fund (DOL)
WisdomTree International Dividend Top 100 Fund (DOO)
WisdomTree International MidCap Dividend Fund (DIM)
WisdomTree International SmallCap Dividend Fund (DLS)
WisdomTree International Real Estate Fund (DRW)
WisdomTree Emerging Markets High-Yielding Equity Fund (DEM)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
WisdomTree Middle East Dividend Fund (GULF) |
WisdomTree International Dividend Sector Funds
WisdomTree International Basic Materials Sector Fund (DBN)
WisdomTree International Communications Sector Fund (DGG)
WisdomTree International Consumer Discretionary Sector Fund (DPC)
WisdomTree International Consumer Staples Sector Fund (DPN)
WisdomTree International Energy Sector Fund (DKA)
WisdomTree International Financial Sector Fund (DRF)
WisdomTree International Health Care Sector Fund (DBR)
WisdomTree International Industrial Sector Fund (DDI)
WisdomTree International Technology Sector Fund (DBT)
WisdomTree International Utilities Sector Fund (DBU)
WisdomTree Earnings Funds
WisdomTree Total Earnings Fund (EXT)
WisdomTree Earnings 500 Fund (EPS)
WisdomTree MidCap Earnings Fund (EZM)
WisdomTree SmallCap Earnings Fund (EES)
WisdomTree Earnings Top 100 Fund (EEZ)
WisdomTree Low P/E Fund (EZY)
WisdomTree India Earnings Fund (EPI)
WisdomTree Currency Income Funds
WisdomTree U.S. Current Income Fund (USY)
WisdomTree Dreyfus Brazilian Real Fund (BZF)
WisdomTree Dreyfus Chinese Yuan Fund (CYB)
WisdomTree Dreyfus Euro Fund (EU)
WisdomTree Dreyfus Indian Rupee Fund (ICN)
WisdomTree Dreyfus Japanese Yen Fund (JYF)
WisdomTree Dreyfus New Zealand Dollar Fund (BNZ)
WisdomTree Dreyfus South African Rand Fund (SZR) |
The WisdomTree Funds are exchange traded funds (“ETFs”) registered with the United States Securities and Exchange Commission (“SEC”) as series of WisdomTree Trust (“Trust”). WisdomTree Asset Management, Inc., a wholly owned subsidiary of WisdomTree Investments, Inc., serves as the investment adviser to the WisdomTree Trust. None of the WisdomTree entities are affiliated with ALPS Distributors, Inc., the Funds’ distributor. WisdomTree Investments, its affiliates and their independent providers are not liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein.
Investors should consider the investment objectives, risks, charges and expenses of the Funds carefully before investing. A prospectus, containing this and other information, is available at www.wisdomtree.com, or by calling 1-866-909-WISE (9473). Investors should read the prospectus carefully before investing. There are risks associated with investing, including possible loss of principal. Past performance does not guarantee future results. Indexes are unmanaged and you can not invest directly in an index.
There are risks associated with investing including possible loss of principal. In addition to the normal risks of investing, foreign investing involves special risks, such as risk of loss from currency fluctuation or political or economic uncertainty. Investments in real estate involve additional special risks, such as credit risk, interest rate fluctuations and the effect of varied economic conditions. Funds that focus their investments in one country increase the impact of events and developments associated with the region which can adversely affect performance. Funds focusing on a single country, sector and/or smaller companies generally experience greater price volatility. Investments in emerging or frontier markets are generally less liquid and less efficient than developed markets. Investments in currency involve additional special risks, such as credit risk, interest rate fluctuations, derivative investment risk and the effect of varied economic conditions. As these Funds can have a high concentration in some issuers the Funds can be adversely impacted by changes affecting issuers. Unlike typical exchange-traded funds, there are no indexes that the currency Funds attempt to track or replicate. Thus, the ability of the currency Funds to achieve their objectives will depend on the effectiveness of the portfolio manager. Please read the Funds’ prospectus for specific details regarding each Fund’s risk profile. Transaction in Fund shares will result in brokerage commissions and will generate tax consequences. Shares may be sold through brokerage accounts, but may be redeemed from the Funds only in large amounts of 50,000 shares or more.
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380 Madison Avenue, 21st Floor
New York, NY 10017
1.866.909.WISE (9473)
www.wisdomtree.com
WisdomTree International Dividend Sector ETFs
WisdomTree International Basic Materials Sector Fund
WisdomTree International Communications Sector Fund
WisdomTree International Consumer Discretionary Sector Fund
WisdomTree International Consumer Staples Sector Fund
WisdomTree International Energy Sector Fund
WisdomTree International Financial Sector Fund
WisdomTree International Health Care Sector Fund
WisdomTree International Industrial Sector Fund
WisdomTree International Technology Sector Fund
WisdomTree International Utilities Sector Fund
WisdomTree Fund shares are distributed by ALPS Distributors, Inc.
WIS001466 (11/2009)
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Item 2. Code of Ethics.
Not applicable.
Item 3. Audit Committee Financial Expert.
Not applicable.
Item 4. Principal Accountant Fees and Services.
Not applicable.
Item 5. Audit Committee of Listed Registrants.
Not applicable.
Item 6. Investments.
Not applicable.
Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.
Not applicable.
Item 8. Portfolio Managers of Closed-End Management Investment Companies.
Not applicable.
Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.
Not applicable.
Item 10. Submission of Matters to a Vote of Security Holders.
Not applicable.
Item 11. Controls and Procedures.
(a) Based on their evaluation of the Registrant’s disclosure controls and procedures (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) as of a date within 90 days prior to the filing date of this report, the President and Treasurer of the Registrant have concluded that such disclosure controls and procedures are reasonably designed and effective to ensure that material information relating to the Registrant, is made known to them by others within those entities.
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(b) There were no changes in the Registrant’s internal control over financial reporting (as defined in Rule 30 a-3(d) under the Investment Company Act of 1940) that occurred during the Registrant’s second fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.
Item 12. Exhibits.
(a)(1) Amendments to Code of Ethics — Not applicable.
(a)(2) Certification of each principal executive officer and principal financial officer of the Registrant as required by Rule 30a-2 under the Act (17 CFR 270.30a-2) is attached hereto as a part of EX-99.CERT.
(a)(3) Not applicable.
(b) Certification of each principal executive officer and principal financial officer of the Registrant as required by Section 906 of the Sarbanes-Oxley Act of 2002 is attached hereto as a part of EX-99.906CERT.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
WisdomTree Trust
| By: | /s/ Jonathan L. Steinberg | |
| Name: | Jonathan L. Steinberg | |
| Title: | President |
Date: December 5, 2008
| By: | /s/ Amit Muni | |
| Name: | Amit Muni | |
| Title: | Treasurer |
Date: December 5, 2008
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.
| By: | /s/ Jonathan L. Steinberg | |
| Name: | Jonathan L. Steinberg | |
| Title: | President |
Date: December 5, 2008
| By: | /s/ Amit Muni | |
| Name: | Amit Muni | |
| Title: | Treasurer |
Date: December 5, 2008