HYINWisdomTree Private Credit & Alternative Income Fund
11.37%
Distribution yield
As of 6/12/2026
12.86%
30-day SEC yield
As of 6/12/2026
0.50%
Net expense ratio
As of 6/12/2026
5/6/2021
Inception Date
Overview
Product Description
The WisdomTree Private Credit and Alternative Income Fund* seeks to track the price and yield performance, before fees and expenses, of the Gapstow Private Credit and Alternative Income Index.
Why HYIN?
- Gain access to private credit through diversified exposure to alternative credit sectors
- Use as a source of high income potential within portfolio allocations
- Provides individual investors a user-friendly way to invest in the private credit and alternative income space, with the added benefits of transparency and liquidity offered by the ETF structure
*Prior to July 18, 2025, the Fund was known as the WisdomTree Alternative Income Fund.
Fund Overview
| Product Overview | As of 6/12/2026 |
|---|---|
| Total Expense Ratio, includes | 4.34% |
| Management Fee | 0.50% |
| Acquired Fund Fees and Expenses¹ | 3.84% |
| CUSIP | 97717Y626 |
| Total Assets (000) | $50,714.76 |
| Shares Outstanding | 3,560,000 |
| Distribution Yield | 11.37% |
| SEC 30-day Yield | 12.86% |
| Options Available* | No |
| Inception Date | 5/6/2021 |
| Fiscal Year End | 08/31 |
Yields are historical, will fluctuate and are not guaranteed
*Options are not suitable for all investors.
1Acquired Fund Fees and Expenses are fees and expenses incurred indirectly by the Fund through its investments in certain underlying investment companies. The number reflects estimated amount for the current fiscal year.
Trading Information
| Trading Information | As of 6/12/2026 |
|---|---|
| 30-Day Average Volume | 20,981 |
| Implied Liquidity™ (Shares) | 10,479,271 |
| Implied Liquidity (000) | $149,284.73 |
| Lead Market Maker | |
| NAV Symbol | HYIN.NV |
| Shares Out. Symbol | HYIN.SO |
Net Asset Value
| Net Asset Value | As of 6/12/2026 |
|---|---|
| NAV | $14.246 |
| Change | $0.042 |
| Change % | 0.30% |
| Premium/Discount to NAV | 0.1% |
Closing Market Price
| Closing Market Value | As of 6/12/2026 |
|---|---|
| Closing Market Price | $14.260 |
| Change | $0.060 |
| Change % | 0.42% |
| Median Bid/Ask Spread (30-Day Avg.) | 0.21% |
Growth of Hypothetical 10K
Results are not indicative of future performance.
Total Returns
Month End Performance (5/31/2026)
| Cumulative | 1 Month | 3 Month | YTD | Since Inception* | |
|---|---|---|---|---|---|
| Underlying Index Returns | -3.44% | 1.06% | -4.70% | 2.64% | |
| NAV Returns | -3.42% | 0.98% | -4.83% | 0.39% | |
| Market Price Returns | -3.42% | 0.99% | -4.88% | 0.37% | |
| Average Annual | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception* |
| Underlying Index Returns | -3.34% | 6.78% | 0.35% | N/A | 0.51% |
| NAV Returns | -3.70% | 6.35% | -0.08% | N/A | 0.08% |
| Market Price Returns | -3.69% | 6.32% | -0.09% | N/A | 0.07% |
Quarter End Performance (3/31/2026)
| Cumulative | Since Inception* | ||||
|---|---|---|---|---|---|
| Underlying Index Returns | 0.73% | ||||
| NAV Returns | -1.47% | ||||
| Market Price Returns | -1.50% | ||||
| Average Annual | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception* |
| Underlying Index Returns | -8.07% | 6.13% | N/A | N/A | 0.15% |
| NAV Returns | -8.44% | 5.71% | N/A | N/A | -0.30% |
| Market Price Returns | -8.57% | 5.67% | N/A | N/A | -0.31% |
*Fund inception Date 5/6/2021
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
Month End Performance 5/31/2026
| Cumulative | 1 Month | 3 Month | Since Inception* | ||
|---|---|---|---|---|---|
| After Tax Held | -3.79% | -0.26% | -17.55% | ||
| After Tax Sold | -2.03% | 0.57% | -6.95% | ||
| Average Annual | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception* |
| After Tax Held | -8.02% | 1.66% | -3.94% | N/A | -3.73% |
| After Tax Sold | -2.04% | 3.06% | -1.55% | N/A | -1.41% |
Quarter End Performance 3/31/2026
| Cumulative | Since Inception* | ||||
|---|---|---|---|---|---|
| After Tax Held | -18.44% | ||||
| After Tax Sold | -7.83% | ||||
| Average Annual | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception* |
| After Tax Held | -12.43% | 1.11% | N/A | N/A | -4.07% |
| After Tax Sold | -4.80% | 2.64% | N/A | N/A | -1.65% |
*Fund inception Date 5/6/2021
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.
Asset Classification
As of 05/05/2021
| Asset Group | Asset Group Weight |
|---|---|
| Securities | 100.00% |
| Financials | 71.44% |
| Other | 28.56% |
Holdings
As of 6/12/2026
| Name | Weight (%) |
|---|---|
| Ellington Financial Inc | 3.8 |
| Armour Residential Reit Inc | 3.47 |
| Hercules Technology Growth Cap | 3.45 |
| FS KKR Capital Corp | 3.41 |
| Ares Capital Corp | 3.4 |
| Golub Capital BDC Inc | 3.39 |
| Chimera Investment Corp | 3.37 |
| Dynex Capital Inc | 3.35 |
| Annaly Capital Management In | 3.34 |
| Oxford Lane Capital Corp | 3.33 |
| Remaining Portfolio | 65.7 |
*Holdings are subject to change without notice.
Recent Distributions
| Ex-Dividend Date | Record Date | Payable Date | Ordinary Income | Short Term Capital Gains | Long Term Capital Gains | Return of Capital | Total Distribution |
|---|---|---|---|---|---|---|---|
| 5/26/2026 | 5/26/2026 | 5/28/2026 | $0.13500 | $0.00000 | $0.00000 | $0.00000 | $0.13500 |
| 4/27/2026 | 4/27/2026 | 4/29/2026 | $0.15000 | $0.00000 | $0.00000 | $0.00000 | $0.15000 |
| 3/26/2026 | 3/26/2026 | 3/30/2026 | $0.15500 | $0.00000 | $0.00000 | $0.00000 | $0.15500 |
| 2/24/2026 | 2/24/2026 | 2/26/2026 | $0.16000 | $0.00000 | $0.00000 | $0.00000 | $0.16000 |
Thought Leadership



Kevin Flanagan, Chris Acito
Private Credit Beyond the Headlines: Why Diversification and Liquidity Matter More Than Ever
Private credit is often discussed as a single asset class, but the opportunity set extends far beyond direct lending. Kevin Flanagan and Chris Acito, CEO of Gapstow Capital Partners, explore why diversification across multiple credit sectors and a clear understanding of liquidity can help investors build more resilient income-focused portfolios.
- Fixed Income
- Alternative


Christopher Gannatti, CFA
Two Roads to Less Volatile U.S. Equity Returns
Big drawdowns don’t just hurt returns, they make the recovery math brutally harder, with a 30% loss requiring a 43% rebound just to break even. Christopher Gannatti explains why low-volatility strategies can behave very differently in stressed markets and makes the case that the WisdomTree Equity Premium Income Fund (WTPI) offers a smoother, more resilient path through volatility.
- Alternative


Christopher Gannatti, CFA
Adding, Not Replacing: Managed Futures in the Age of Efficient Capital
A traditional 60/40 portfolio forces every new allocation to come at the expense of something else. In Part 2 of the “Adding, Not Replacing, the Age of Efficient Capital” blog series, Christopher Gannatti explains how WisdomTree’s Efficient Capital framework removes that trade-off, allowing investors to add managed futures without sacrificing core exposures.
- Alternative
- Capital Efficiency


Christopher Gannatti, CFA
Adding, Not Replacing: Broad Commodities in the Age of Efficient Capital
A traditional 60/40 portfolio may not be the most efficient way to capture returns at a given level of risk. In Part 1 of our “Adding, Not Replacing, the Age of Efficient Capital” blog series, Christopher Gannatti explains how separating capital from exposure allows investors to add commodities through the WisdomTree Enhanced Commodity Strategy Fund (GCC) without sacrificing core allocations.
- Capital Efficiency
- Commodities
- Alternative
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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 the possible loss of principal. The Fund invests in private credit and alternative credit sectors through investments in underlying closed-end investment companies (“CEFs”), including those that have elected to be regulated as business development companies (“BDCs”), and real estate investment trusts (“REITs”). The value of the underlying securities held by a CEF could decrease or the portfolio could become illiquid. The value of a CEF can decrease due to movements in the overall financial markets. Federal securities laws impose restraints upon the organizations and operations of BDCs that can negatively impact the performance of a BDC. BDCs generally invest in less mature private companies, which involve greater risk than well-established, publicly traded companies and are subject to high failure rates among the companies in which they invest. By investing in REITs, the Fund is exposed to the risks of owning real estate, such as decreases in real estate values, overbuilding, increased competition and other risks related to local or general economic conditions. The Fund invests in the securities included in, or representative of, its Index regardless of their investment merit, and the Fund does not attempt to outperform its Index. Please read the Fund’s prospectus for specific details regarding the Fund’s risk profile.
Higher yielding securities or 'junk bonds' may be less liquid and present more credit risk than investment grade bonds. The price of high yield securities tends to be more susceptible to issuer-specific operating results and outlook and to real or perceived adverse economic and competitive industry conditions.
- Weighted Average Coupon - The mean of the coupon rate of the underlying bonds in a portfolio.
- 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."
- Median Bid/Ask Spread (30-Day Avg.) – This figure represents the typical difference between the prices at which a fund can be bought and sold, based on the median of daily bid/ask spreads over the past 30 trading days
WisdomTree Funds are distributed by Foreside Fund Services, LLC in the U.S. only.
Neither WisdomTree, 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.
