With yields returning to levels not seen in years, municipal bonds offer investors a compelling opportunity: steady income exempt from federal taxes and in some cases, from state and local taxes too.
The WisdomTree laddered bond strategy spreads investments across bonds with different maturities. It takes advantage of a positively sloped yield curve where maturing, lower-yielding bonds are often replaced with higher-yielding, longer maturities.
This can help manage interest rate risk, allowing the exposure to reset as rates rise, while maintaining some yield stability if rates fall.
WisdomTree offers two distinct approaches to laddered municipal bond investing, each designed for different income goals and risk preferences.
The WisdomTree Core Laddered Municipal Fund, WTMU, focuses on high-quality, investment-grade municipal bonds—designed for investors seeking consistency, diversification, and after-tax income across maturities out to 15 years.
The WisdomTree High Income Laddered Municipal Fund, WTMY, extends the same disciplined laddered structure to include select lower-rated and high-yield munis, seeking higher after-tax income potential while maintaining the balance of a laddered approach.
Two laddered Municipal Bond ETF strategies. One goal—consistent, tax-efficient income.
Learn more at WisdomTree.com/Investments.
Important Information
Investors should carefully consider the investment objectives, risks, charges and expenses of the Fund before investing. For a prospectus or, if available, the summary prospectus containing this and other important information about the Fund, call 866.909.9473 or visit WisdomTree.com/investments. Read the prospectus or, if available, the summary prospectus carefully before investing.
There are risks associated with investing, including possible loss of principal. Municipal securities carry various risks, including credit, interest rate, prepayment, and valuation risks. Issuers may face financial difficulties that impact their ability to meet payment obligations. The value of these securities can fluctuate due to changes in revenue sources, local economic and political conditions, and industry-specific downturns (e.g., education, health care, transportation, utilities). Additionally, tax-exempt income from municipal securities could become taxable due to regulatory changes or issuer noncompliance, potentially reducing their value. 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. While the Fund attempts to limit credit and counterparty exposure, the value of an investment in the Fund may change quickly and without warning in response to issuer or counterparty defaults and changes in the credit ratings of the Fund’s portfolio investments. Please read the Fund’s prospectus for specific details regarding the Fund’s risk profile.
Neither WisdomTree, Inc., nor its affiliates, nor Foreside Fund Services, LLC, nor its affiliates provide tax advice. All references to tax matters or information provided 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.
WisdomTree Funds are distributed by Foreside Fund Services, LLC.
