WisdomTree Moving to Monthly Payouts For U.S. Dividend ETFs

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WisdomTree
WETF
, the only publicly traded pure play ETF provider, said today four more of its U.S.-focused dividend ETFs will begin paying monthly dividends later this month. The WisdomTree Total Dividend Fund
DTD
, the WisdomTree LargeCap Dividend Fund
DLN
, the WisdomTree MidCap Dividend Fund
DON
and the WisdomTree SmallCap Dividend Fund
DES
will make their first monthly distribution on ex-date November 26, according to a statement issued by NewYork-based WisdomTree. In July, the $1.1 billion WisdomTree Dividend ex-Financials Fund
DTN
and the $569.5 million WisdomTree Equity Income Fund
DHS
began paying monthly dividends. Combined, the WisdomTree Total Dividend Fund, the WisdomTree LargeCap Dividend Fund, the WisdomTree MidCap Dividend Fund and the WisdomTree SmallCap Dividend Fund have about $2.3 billion in assets under management. WisdomTree
already features monthly dividends on five of its bond ETFs
, including the actively managed WisdomTree Emerging Markets Local Debt Fund
ELD
and the WisdomTree Emerging Markets Corporate Bond Fund
EMCB
. For more on ETFs, click
here
.
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Posted In: NewsBroad U.S. Equity ETFsDividendsDividendsSpecialty ETFsIntraday UpdateMarketsETFs
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