TFRN/TFRPWisdomTree USD Floating Rate Treasury Bond UCITS ETF - USD Acc
ISIN: IE00BJJYYX670.15%
Total expense ratio (TER)
As of 02/07/2026
21 March 2019
Inception Date
US$214,369,138
Fund AUM
As of 02/07/2026
USD
Base currency
Overview
Product Description
The WisdomTree USD Floating Rate Treasury Bond UCITS ETF (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the Bloomberg Barclays U.S. Treasury Floating Rate Bond Index. Learn more about the Index that TFRN is designed to track.
Why TFRN/TFRP?
- Diversified exposure to the newly issued US government floating rate notes (first issuance in January 2014)
- The yield of FRNs is expected to better reflect the changes in US short term interest rates
- Reduce corporate credit risk and gain exposure to US government backed coupons
- Lower duration exposure using US Treasury FRNs
- Physically replicated, and UCITS compliant
Potential Risks
- Credit risk: Investment grade government bonds may still be subject to credit difficulties leading to the loss of some or all of the sums invested.
- The Fund’s coupon payment may decline when US short term interest rates fall.
- Liquidity risk: It may be difficult for the Fund to buy or sell certain investments in some market conditions.
- This list does not cover all risks-further risks are disclosed in the KIID and Prospectus.
Fund Overview
| Product Overview | As of 02/07/2026 |
|---|---|
| ISIN | IE00BJJYYX67 |
| Asset Class | Fixed Income |
| Base Currency | USD |
| Inception Date | 21 March 2019 |
| Currency Hedged | No |
| Dividend Frequency | N/A |
| Use of Income | Accumulating |
| Net Asset Value | As of 02/07/2026 |
|---|---|
| NAV | US$61.079 |
| Daily Change | US$0.010 |
| Daily return | 0.016% |
| Total AUM of fund | US$214,369,138 |
| Issuer AUM | US$16,793,484,483 |
| Portfolio Characteristics | As of 29/06/2026 |
|---|---|
| Weighted Average Coupon | 3.88% |
| Average Years to Maturity | 0.92 |
| Effective Duration | 0.02 |
| Average Yield to Maturity | 3.82% |
| Yield to Worst | 3.82% |
The information in this table may be delayed data. The information contained in this material is derived from proprietary and non-proprietary sources. As such, no warranty of accuracy or reliability is given and no responsibility arising in any other way for errors and omissions is accepted by WisdomTree. Reliance upon information in this material is at the sole discretion of the reader.
Structure
| Structure | As of 02/07/2026 |
|---|---|
| Legal Form | Irish Collective Asset-management Vehicle (ICAV) |
| Structure | Open-ended Exchange Traded Fund |
| Replication Method | Physical, Fully Replicated |
| Domicile | Ireland |
| Issuer | WisdomTree Issuer ICAV |
| Financial Year End | 31 December |
| UCITS Compliant | Eligible |
| Further Legal and Tax Information | As of 02/07/2026 |
|---|---|
| ISA | Eligible |
| SIPP | Eligible |
| UCITS Eligible | Yes |
| UK Reporting Status | No |
| PEA Eligible | No |
Key Service Providers
| Key Service Providers | As of 02/07/2026 |
|---|---|
| Custodian | The Bank of New York Mellon SA/NV, Dublin Branch |
| Administrator | BNY Mellon Fund Services (Ireland) Designated Activity Company |
| Auditor | Deloitte Ireland LLP |
| Fund Manager | Irish Life Investment Managers |
| Fees | As of 02/07/2026 |
|---|---|
| Total expense ratio (TER) | 0.15% |
Registered Countries
Holdings
As of 02/07/2026
| Name | Weight (%) |
|---|---|
| Us Treasury Frn 10/31/2027 (BV3PBK5) | 12.47 |
| Us Treasury Frn 7/31/2027 (BTY0CX5) | 12.46 |
| Us Treasury Frn 4/30/2027 (BN2RK98) | 12.46 |
| Us Treasury Frn 1/31/2028 (BWQLSD9) | 12.45 |
| Us Treasury Frn 10/31/2026 (BSZ7PJ5) | 12.45 |
| Us Treasury Frn 4/30/2028 (BTWP759) | 12.45 |
| Us Treasury Frn 7/31/2026 (BRC1720) | 12.45 |
| Us Treasury Frn 1/31/2027 (BSPRXX5) | 12.45 |
| CASH W-O | 0.37 |
| Remaining Portfolio | 0 |
*Holdings are subject to change without notice.
Sector Breakdown
As of 01/07/2026
| Name | Weight (%) |
|---|---|
Government | 99.63 |
Other | 0.37 |
*Sectors are subject to change without notice
Country Allocation
| Country | Weight (%) |
|---|---|
| United States | 99.63% |
| Unknown | 0.37% |
Listings & Codes
| Country | Exchange | Trading Currency | Exchange Ticker | Bloomberg Ticker | RIC | SEDOL | ISIN | WKN | Listing Date |
|---|---|---|---|---|---|---|---|---|---|
| LSE | USD | TFRN | TFRN LN | TFRN.L | BJJYYY7 | IE00BJJYYX67 | A2PHGN | 26/03/2019 | |
| LSE | GBx | TFRP | TFRP LN | TFRP.L | BPQYSV7 | IE00BJJYYX67 | A2PHGN | 21/02/2023 | |
| Borsa Italiana | EUR | TFRN | TFRN IM | TFRN.MI | BNNKNM0 | IE00BJJYYX67 | A2PHGN | 29/04/2022 | |
| BMV | MXN | TFRN | TFRNN MM | TFRNN.MX | BK9R2N8 | IE00BJJYYX67 | A2PHGN | 26/06/2019 |
Recent Distributions
| Ex-Dividend Date | Record Date | Payable Date | Ordinary Income | Short Term Capital Gains | Long Term Capital Gains | Return of Capital | Total Distribution |
|---|---|---|---|---|---|---|---|
| 03/04/2025 | 04/04/2025 | 17/04/2025 | US$0.00000 | US$0.00000 | US$0.00000 | US$0.00000 | US$0.00000 |
Index Details
Bloomberg US Treasury Floating Rate Bond Index
The Index is rules-based, market value weighted, and designed to measure the performance of floating rate U.S. Treasury bonds (“FRNs”). Unlike fixed-coupon-rate U.S. Treasury bonds, the coupon rates of the FRNs are expected to reset weekly based on the results of the most recent 13- week U.S. Treasury bill auction. The inception date of the Index is 1st February 2014, which coincides with the first FRN issued by U.S. government under the floating rate program.
| Index Details | |
|---|---|
| Index Name | Bloomberg US Treasury Floating Rate Bond Index |
| Currency | USD |
| Index Provider | Bloomberg |
| Bloomberg Ticker | BTFLTRUU |
Responsible Investing
SFDR Disclosure
The EU Sustainable Finance Disclosures Regulation (SFDR) took effect on 10 March 2021 as part of the EU Action Plan on Sustainable Finance. The SFDR lays down harmonised sustainability related disclosure rules for EU financial market participants and advisors and requires certain sustainability disclosures to be made for financial products which promote environmental or social characteristics (Article 8 SFDR) and funds which have a sustainable investment objective (Article 9 SFDR).
There are different SFDR product categorisations for these sustainability disclosure requirements:
+ Article 6 products: require disclosures relating to the manner in which sustainability risks are integrated into the decision-making process.
+ Article 8 products: promote, among other characteristics, environmental or social characteristics or a combination of those characteristics, provided that the companies in which the investments are made follow good governance practices.
+ Article 9 products: have sustainable investment as their objective
Please refer to EU regulation guidelines for more details: https://www.esma.europa.eu/sections/sustainable-finance
SFDR categorisations | |
|---|---|
SFDR Disclosure | Article 6 |
The fund tracks an index which seeks to exclude from the eligible investment universe companies that (i) violate, certain commonly accepted international norms and standards, such as United Nations and the Organisation for Economic Co-operation and Development (OECD) guidelines, (ii) are involved in controversial weapons such as anti-personnel mines and cluster munitions, (iii) are significantly involved in the tobacco industry, (iv) are significantly involved in thermal coal activity, such as coal mining and exploration and coal-based power generation, (v) are significantly involved in unconventional oil and gas exploration/production, such as oil sands, Arctic oil and gas or shale energy, (vi) do not meet such other ESG criteria such as significant involvement in small arms, as detailed in the Index methodology. Visit our ESG Hub to learn more about WisdomTree's ESG approach.
ESG Characteristics
Documents
Product
Dealing Calendar
KID
KIID
Index
Prospectus
Reports and Regulatory
Other Links and Documents
DISCLAIMERS
The products discussed in this document are issued by WisdomTree Issuer ICAV (“WT Issuer”). WT Issuer is an umbrella investment company with variable capital having segregated liability between its funds organised under the laws of Ireland as an Irish Collective Asset-management Vehicle and authorised by the Central Bank of Ireland (“CBI”). WT Issuer is organised as an Undertaking for Collective Investment in Transferable Securities (“UCITS”) under the laws of Ireland and shall issue a separate class of shares ("Shares”) representing each fund.
The Fund is described in a Key Information Document (KID) or Key Investor Information Document (KIID) for UK investors, and the prospectus of WT Issuer (“WT Prospectus”). A copy of the WT Prospectus and the KID / KIID is available, for EEA/UK only, in English at www.wisdomtree.com . Where required under national rules, the KID will also be available in the local language of the relevant EEA Member State. Investors should read the WT Prospectus before investing and should refer to the section of the WT Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in the Shares.
The summary of investor rights associated with an investment in the fund is available in English on WisdomTree Europe’s website. WisdomTree Management Limited may decide to terminate the arrangements made for the marketing of its collective investment undertakings. In such circumstances, shareholders in the affected EEA Member State will be notified of this decision and will be provided with the opportunity to redeem their shareholding in the fund free of any charges or deductions for at least 30 working days from the date of such notification.
“BLOOMBERG®” and the Bloomberg indices listed as index components therein (the “Bloomberg Indices”) are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (“BISL”), the administrator of the Bloomberg Indices (collectively, “Bloomberg”) and have been licensed for use for certain purposes by WisdomTree Issuer ICAV as the umbrella Irish collective asset-management vehicle of the Fund (the “Licensee”). Bloomberg is not affiliated with Licensee, and Bloomberg does not approve, endorse, review, or recommend the Fund. Bloomberg does not guarantee the timeliness, accuracy, or completeness of any data or information relating to the Fund.
This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements. Please refer to the FCA website which details further information in relation to sustainability disclosure requirements.