Currency & Fixed Income Yield Analysis
Performance is historical and does not guarantee future results. Current performance may be lower or higher than quoted. Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance data for the most recent month-end is available at www.wisdomtree.com.
WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Total Returns are calculated using the daily 4:00pm net asset value (NAV). Market price returns reflect the midpoint of the bid/ask spread as of the close of trading on the exchange where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times.
* Since inception Total Returns - Since inception Total Returns are cumulative for WisdomTree ETFs with less than one year of performance.
Fund Distribution Yield:
Fund distribution yield is calculated by annualizing the most recent Fund distribution and dividing by the current Fund NAV. The yield represents a single distribution from the Fund and does not represent the total returns of the Fund.
SEC Standardized 30-day yield:
The yield figure reflects the dividends and interest earned during the period, after the deduction of the Fund's expenses. This is also referred to as the "standardized yield."
Yield to Maturity:
Portfolio Yield to Maturity represents the weighted average yield to maturity of a Fund's investments in money market securities and short-term fixed income securities as of a specified date. Yield to maturity is the rate of return generated on a fixed income instrument assuming interest payments and capital gains or losses as if the instrument is held to maturity. The weighted average yield is calculated based on the market value of each fixed-income investment. The calculation does not incorporate yield from any currency forward contracts that might be part of the fund’s investments.
Embedded Income Yield:
Embedded Income Yield represents the annualized rate of return generated by a Fund's investment in currency forward contracts and US government securities. The calculation is intended to show the yield of the Fund's portfolio without the impact of currency exchange rates on the fund's investments and assumes that foreign exchange rates remain constant. Embedded income yield differs from a fund's actual yield and does not reflect fund expenses. A forward currency contract is an agreement by two parties to transact in currencies at a specific rate on a future date and then cash settle the agreement with a simple exchange of the market value difference between the current market rate and the initial agreed-upon rate.
Embedded Income Yield and Portfolio Yield to Maturity may differ from a Fund's actual yield and do not reflect fund expenses.
Trailing 12-Month Dividend Yield
Dividends over the prior 12-months are added together and divided by the current share price. Higher values indicate more dividends are being generated per unit of share price.