WTMU

📎 Investment Objective

The WisdomTree Core Laddered Municipal Fund (WTMU) seeks to provide current income that is generally exempt from federal income taxes by investing in a laddered portfolio of municipal bonds.

✨ Key Features

• Invests in a diversified portfolio of municipal bonds with varying maturities
• Employs a laddered structure to manage interest rate risk
• Seeks to provide current income that is generally exempt from federal income taxes
• Low expense ratio of 0.00%

⚠️ Primary Risks

• Interest rate risk: The value of the fund's investments may decline when interest rates rise
• Credit risk: The fund is exposed to the risk of default or downgrade of the municipal bonds it holds
• Liquidity risk: Municipal bonds may have lower liquidity compared to other fixed-income securities
• Tax risk: Changes in tax laws or regulations may affect the tax-exempt status of the municipal bonds

👤 Best For

The WisdomTree Core Laddered Municipal Fund may be suitable for investors seeking tax-exempt income and a relatively low-risk fixed-income investment, particularly those in higher tax brackets. The fund's laddered structure and diversification may appeal to investors looking to manage interest rate risk while maintaining a steady stream of income.