Fund Distribution Yield: The Fund Distribution Yield is the annual yield a Fund investor would receive in distributions if the most recent Fund distribution stayed consistent going forward. It 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.
'); messages[1] = new Array('SEC Standardized 30-Day Yield: The SEC 30-day Yield is a standard yield calculation developed and required by the Securities and Exchange Commission (SEC). It is based on the most recent 30-day period covered by the Fund\'s filings with the SEC. 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".
'); messages[2] = new Array('7-Day Current Yield: Reflects the average of all the rates on the securities in a portfolio over a 7-day period and annualizes the result. The result is then converted into a percent (multiplied by 100). The 7-day current yield does not take into account the effects of compounding or expenses.
'); messages[3] = new Array('Yield to Maturity: The average YTM is the interest rate that will make the present value of the cash flows equal to its market price plus accrued interest. The yield to maturity considers not only the coupon income, but any capital gain or loss that the investor will realize by holding the securities to maturity. It also considers the reinvestment of the coupons.
'); messages[4] = new Array('Implied Yield: This yield calculation represents the weighted average of the yields of the fund\'s underlying securities. This represents the annualized rate of return the fund would receive if it held all its component securities to maturity and there were no fluctuations in the fund\'s specified currency.
'); messages[5] = new Array('Portfolio Dividend Yield is the aggregate weighted yield on the portfolio securities held by a fund on a specified date. The Portfolio Dividend Yield is calculated on a daily basis and "looks through" to the actual holdings of the fund. It creates a snapshot each day of the weighted yield of each portfolio holding based on the 12 month trailing dividend per share divided by its current price. This does not represent any Funds actual distribution. The yield is NOT a current yield since no annualizing factor is used.
The Gross Portfolio Dividend Yield reflects the total amount of distributions on each security in the Fund\'s portfolio. For investments in U.S. securities, the gross yield and the net yield will be identical. In the case of foreign securities however, taxes are withheld by foreign governments. Each country has a different withholding rate. The Net Portfolio Dividend Yield is the Gross Yield less taxes based on a designated tax rate for each security of a foreign country represented in the Fund\'s portfolio. Investors may be able to receive a credit on their tax returns for taxes withheld by foreign governments - please check with your tax adviser.
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.