WisdomTree Moving to Monthly Payouts For U.S. Dividend ETFs
WisdomTree (NASDAQ: 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 (NYSE: DTD), the WisdomTree LargeCap Dividend Fund (NYSE: DLN), the WisdomTree MidCap Dividend Fund (NYSE: DON) and the WisdomTree SmallCap Dividend Fund (NYSE: DES) will make their first monthly distribution on ex-date November 26, according to a statement issued by NewYork-based WisdomTree.
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 (NYSE: ELD) and the WisdomTree Emerging Markets Corporate Bond Fund (NASDAQ: EMCB).
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