WisdomTree U.S. High Yield Corporate Bond Fund
|
- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
The WisdomTree Fundamental U.S. High Yield Corporate Bond Fund tracks an index composed of high yield, U.S., corporate bonds. Constituents are selected and weighted by fundamental company and bond risk characteristics. |
Category | Corporate |
Fund Sponsor | WisdomTree |
Website | www.wisdomtree.com |
Inception date | Apr 27, 2016 |
Assets (mns) | $0 |
Currency | USD |
Expense ratio | 38 bp |
Distributions | Monthly |
Regulation | Open-Ended Fund |
Custodian | |
Weighting | Fundamental |
Index replication |
No. of constituents | 451 |
No of distinct issuers | 294 |
Inflation protected | 0% |
Variable/Fixed coupon | 7% /93% |
Non-standard maturity (callable, etc.) | 96% |
CSC HOLDINGS, LLC 5.4% 2/01/28 | 1.4 % |
WESTERN DIGITAL CORPO 4.8% 2/15/26 | 1.4 % |
TENET HEALTHCARE CORP 6.8% 6/15/23 | 1.3 % |
COMMUNITY HEALTH SYST 6.3% 3/31/23 | 1.2 % |
CHEMOURS CO. 6.6% 5/15/23 | 1.2 % |
L BRANDS, INC. 6.9% 11/01/35 | 1.1 % |
HUGHES SATELLITE SYST 6.6% 8/01/26 | 1.1 % |
HANESBRANDS INC. 4.9% 5/15/26 | 1.1 % |
B&G FOODS, INC. 5.3% 4/01/25 | 1.0 % |
BEACON ROOFING SUPPLY 4.9% 11/01/25 | 1.0 % |
TOTAL | 11.8 % |
---|
SIRIUS XM RADIO INC. | 1.9% |
COMMUNITY HEALTH SYSTEMS, INC. | 1.8% |
LEVEL 3 FINANCING, INC. | 1.7% |
CSC HOLDINGS, LLC | 1.7% |
CCO HOLDINGS LLC | 1.5% |
UNITED STATES | 94.7 % | |
0.8 % | ||
NETHERLANDS | 0.2 % | |
CANADA | 0.2 % | |
CAYMAN ISLANDS | 0.1 % |
HISTORICAL RETURNS
Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
1.3% | 9.2% | 3.2% | -- | 4.4% |
versus... | Beta | R-squared |
---|---|---|
Barclays Agg. Bond | 1.07 | 62% |
S&P500 | 0.47 | 74% |
MSCI EAFE | 0.48 | 72% |
MSCI Emg. Mkts. | 0.34 | 37% |
Recent close | $44.55 |
30d moving avg. | $44.06 |
Annualized volatility | 9.7% |
Short interest (ETF) | 0.0% |
Relative strength (RSI) | 72 |
Avg. volume (thou.) | 25 |
Avg. daily value traded (mns) | $1 |
Turnover | 0.5% |
Bid/Ask (% of price) | 0.07 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
WFHY | 4.8 yrs | Category Avg.* |
4.6 yrs |
WFHY | 4.6% | Category Avg.* |
4.5% |
Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
+300 bp | 11.23% | -17.4% | $36.80 |
+200 bp | 10.23% | -10.8% | $39.73 |
+150 bp | 9.73% | -7.8% | $41.07 |
+100 bp | 9.23% | -5.0% | $42.31 |
+75 bp | 8.98% | -3.7% | $42.90 |
+50 bp | 8.73% | -2.4% | $43.47 |
+25 bp | 8.48% | -1.2% | $44.02 |
0 bp | 8.23% | 0% | $44.55 |
-25 bp | 7.98% | 1.1% | $45.06 |
-50 bp | 7.73% | 2.2% | $45.54 |
-75 bp | 7.48% | 3.3% | $46.00 |
-100 bp | 7.23% | 4.2% | $46.44 |
-150 bp | 6.73% | 6.1% | $47.26 |
-200 bp | 6.23% | 7.7% | $47.99 |
-300 bp | 5.23% | 10.4% | $49.19 |
*Fund Category: CORPORATE
ALTAR Score™
Calculation of ALTAR Score™ | ||
---|---|---|
Adj. Yield to Maturity | 823 | bp |
Less: Annual "default factor" | 261 | bp |
Less: Expense ratio | 38 | bp |
Equals: ALTAR Score | 5.24 | % |
Average ALTAR Score™ by Category | |
---|---|
Aggregate | 3.6% |
Corporate | 4.5% |
Emerging Market | 6.3% |
Government | 4.7% |
Inflation Protected | 3.0% |
Mortgage | 5.3% |
Municipals | 3.4% |
*Note: The WisdomTree U.S. High Yield Corporate Bond Fund is classified as a Corporate fund. |