WTMY

WisdomTree High Income Laddered Municipal Fund

$25.57

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The WisdomTree High Income Laddered Municipal Fund (WTMY) seeks to provide a high level of current income that is exempt from federal income taxes.

Overview

ETF tracking WisdomTree High Income Laddered Municipal Fund

Category Municipal Bonds

Issuer WisdomTree

Inception Date 2025-04-03

Market Cap $5.1M

Average Volume N/A

Dividend Yield 1.84%

52-Week Range $24.30 - $25.61

VWAP $25.58

Performance

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Investment Summary

📎 Investment Objective

The WisdomTree High Income Laddered Municipal Fund (WTMY) seeks to provide a high level of current income that is exempt from federal income taxes.

🎯 Investment Strategy

The fund invests in a laddered portfolio of municipal bonds with varying maturities. This approach aims to provide a steady stream of tax-exempt income while managing interest rate risk.

✨ Key Features

Invests in a diversified portfolio of municipal bonds
Utilizes a laddered maturity structure to manage interest rate risk
Aims to provide high levels of tax-exempt income
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The value of municipal bonds may decline as interest rates rise
Credit risk: The risk of default by the municipal bond issuers
Liquidity risk: Municipal bonds may be less liquid than other fixed income securities
Tax risk: Changes in tax laws could affect the tax-exempt status of the municipal bonds

👤 Best For

This ETF may be suitable for investors seeking tax-exempt income and a relatively low-risk fixed income allocation. It may be particularly appealing to investors in higher tax brackets who are looking to maximize their after-tax returns.