SHAG
WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund
The WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund seeks to track the price and yield performance, before fees and expenses, of the Bloomberg U.S. Short Aggregate Enhanced Yield Index.
Why SHAG?
- An income-oriented opportunity for investors looking to pragmatically enhance yield
- Designed as an enhanced yield alternative for a core fixed income strategy
- For investors seeking opportunities across different parts of the yield curve
Fund Overview
| Profile |
As of 06/29/2022
|
|---|---|
| Expense Ratio | 0.12% |
| CUSIP | 97717Y808 |
| Total Assets (000) | $99,664.85 |
| Shares Outstanding | 2,100,000 |
| Weighted Average Coupon | 1.90 |
| Average Years to Maturity | 5.78 |
| Effective Duration (a/o 06/29/2022) | 2.98 |
| Embedded Income Yield | 3.84% |
| Average Yield to Maturity (a/o 06/29/2022) |
3.84% |
| Distribution Yield | 1.39% |
| SEC 30-day Yield | 3.14% |
| Options Available* | No |
| Inception Date | 05/18/2017 |
Yields are historical, will fluctuate and are not guaranteed.
*Options are not suitable for all investors.
| Trading Information |
As of 06/29/2022
|
|---|---|
| Lead Market Maker | Jane Street |
| NAV Symbol | SHAG.NV |
| Shares Out. Symbol | SHAG.SO |
Total Returns
| Total Returns | ||
|---|---|---|
|
Month End Performance (05/31/2022) |
NAV Returns | Market Price Returns |
| Cumulative | ||
| 1 Month | 0.71% | 0.65% |
| 3 Month | -2.65% | -2.70% |
| YTD | -4.45% | -4.47% |
| Since Inception* | 6.42% | 6.35% |
| Average Annual | ||
| 1 Year | -5.12% | -5.20% |
| 3 Year | 0.54% | 0.48% |
| 5 Year | 1.22% | 1.20% |
| 10 Year | N/A | N/A |
| Since Inception* | 1.24% | 1.23% |
| Total Returns | ||
|---|---|---|
|
Quarter End Performance (03/31/2022) |
NAV Returns | Market Price Returns |
| Cumulative | ||
| Since Inception* | 7.07% | 7.07% |
| Average Annual | ||
| 1 Year | -3.98% | -4.04% |
| 3 Year | 1.12% | 1.05% |
| 5 Year | N/A | N/A |
| 10 Year | N/A | N/A |
| Since Inception* | 1.41% | 1.41% |
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 above.
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.
After Tax Returns
| After Tax Returns | ||
|---|---|---|
| Month End Performance (05/31/2022) |
After Tax Held | After Tax Sold |
| Cumulative | ||
| 1 Month | 0.67% | 0.42% |
| 3 Month | -2.77% | -1.57% |
| Since Inception* | 2.08% | 3.07% |
| Average Annual | ||
| 1 Year | -5.50% | -3.02% |
| 3 Year | -0.18% | 0.13% |
| 5 Year | 0.38% | 0.59% |
| 10 Year | N/A | N/A |
| Since Inception* | 0.41% | 0.60% |
| After Tax Returns | ||
|---|---|---|
| Quarter End Performance (03/31/2022) |
After Tax Held | After Tax Sold |
| Cumulative | ||
| Since Inception* | 2.78% | 3.58% |
| Average Annual | ||
| 1 Year | -4.35% | -2.35% |
| 3 Year | 0.36% | 0.55% |
| 5 Year | N/A | N/A |
| 10 Year | N/A | N/A |
| Since Inception* | 0.57% | 0.72% |
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 above.
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.
After-Tax Held Returns represent return on Fund shares after taxes on distributions and assumes Fund shares have not been sold. After-Tax Sold Returns represent returns on Fund shares after taxes on distributions and the sale of the Fund shares.
After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's individual tax rates and may differ from those shown.
In some cases the return after taxes may exceed the return before taxes due to an assumed tax benefit from any losses on a sale of fund shares at the end of the measurement period.
Quality
| Quality | |
|---|---|
| Name | Weight |
| 1. AAA | 58.23% |
| 2. AA | 5.79% |
| 3. A | 27.24% |
| 4. BBB | 8.06% |
| 5. Other | 7.89% |
| 6. Cash | -7.09% |
* Subject to change without notice
Asset Classification
| Asset Classification | |
|---|---|
| Asset Group | Asset Group Weight |
| 1. Corporate | 34.47% |
| 2. Treasury | 32.29% |
| 3. Government | 16.42% |
| 4. MBS | 7.21% |
| 5. CMBS | 7.14% |
| 6. Government Related | 1.36% |
| 7. ABS | 0.56% |
| 8. Others | 0.54% |
| 9. Cash | 0.12% |
Holdings
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Recent Distributions
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Important Risk Information
This information must be preceded or accompanied by a prospectus, click here to view or download prospectus. We advise you to consider the fund's objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other important information about the fund. Please read the prospectus carefully before you invest.
There are risks associated with investing, including possible loss of principal. Fixed income investments are subject to interest rate risk; their value will normally decline as interest rates rise. Fixed income investments are also subject to credit risk, the risk that the issuer of a bond will fail to pay interest and principal in a timely manner, or that negative perceptions of the issuer’s ability to make such payments will cause the price of that bond to decline. Investing in mortgage- and asset-backed securities involves interest rate, credit, valuation, extension and liquidity risks and the risk that payments on the underlying assets are delayed, prepaid, subordinated or defaulted on. Due to the investment strategy of the Fund, it may make higher capital gain distributions than other ETFs. Please read the Fund’s prospectus for specific details regarding the Fund’s risk profile.
- Weighted Average Coupon - The mean of the coupon rate of the underlying bonds in a portfolio.
- Average Years to Maturity - The mean of the remaining term to maturity of the underlying bonds in contracts the portfolio.
- Effective Duration - This statistic provides a measure of the sensitivity of the Fund's price to changes in interest rate changes and is calculated as the weighted average of the individual bond durations. For each bond, it also addresses that interest rate changes can alter expected bond future cash flows through embedded options. The calculation is also expanded to incorporate the contribution of derivatives to the overall interest rate risk sensitivity to the portfolio.
- Average yield to Maturity - Average 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 and does not reflect Fund Expenses.
- Embedded income yield represents the annualized rate of return generated by a Fund's investment in both fixed income securities and derivatives exclusive of interest rate changes and movement in foreign exchange spot rates. The calculation is intended to capture the Fund's potential to earn income return over the following year given current holdings and market conditions. The embedded income yield will differ from the portfolio's yield to maturity, due to the incorporation of derivatives in the embedded income yield. Embedded income yield and portfolio yield to maturity may differ from a Funds actual distribution and SEC yield and do not reflect Fund expenses.
- 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 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."
- Quality – Credit ratings apply the underlying holdings of the Fund and not to the Fund itself. S&P and Moody's study the financial condition of an entity to ascertain its creditworthiness. The credit rating reflects the rating agency's opinion of the holding's financial condition and history. The ratings shown are all considered investment grade and are listed by highest to lowest in percentage of what the Fund holds.
WisdomTree Funds are distributed by Foreside Fund Services, LLC in the U.S. only.
“Bloomberg®” and the Bloomberg U.S. Short Aggregate Enhanced Yield Index are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (“BISL”), the administrator of the index (collectively, “Bloomberg”) and have been licensed for use for certain purposes by WisdomTree Investments, Inc.. Bloomberg is not affiliated with WisdomTree Investments, Inc., and Bloomberg does not approve, endorse, review, or recommend the WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to the WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund.”
Neither WisdomTree Investments, Inc., nor its affiliates, nor Foreside Fund Services, LLC, or its affiliates provide tax advice. All references to tax matters or information provided on this site are for illustrative purposes only and should not be considered tax advice and cannot be used for the purpose of avoiding tax penalties. Investors seeking tax advice should consult an independent tax advisor.
