WisdomTree Floating Rate Treasury FundWisdomTree Floating Rate Treasury FundWisdomTree Floating Rate Treasury Fund

WisdomTree Floating Rate Treasury Fund

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Key stats

Assets under management (AUM)
‪17.30 B‬USD
Fund flows (1Y)
‪2.04 B‬USD
Dividend yield (indicated)
5.30%
Discount/Premium to NAV
0.04%

About WisdomTree Floating Rate Treasury Fund

Issuer
WisdomTree, Inc.
Brand
WisdomTree
Expense ratio
0.15%
Inception date
Feb 4, 2014
Index tracked
Bloomberg US Treasury Floating Rate Bond
Management style
Passive
ISIN
US97717Y5270
USFR launched just weeks after the first floating-rate Treasurys (or FRNs) came to market in early 2014. The fund selects FRNs that have a two-year term that have an issue date on or before the index rebalancing date. As FRNs reset their coupon rate weekly based on the most recent 90-day T-bill auction (interest is paid quarterly), they offer an extremely low-risk place to park ones cash with minimal interest-rate sensitivity, which should appeal to those concerned about potential rising rates. Of course, that also means reinvestment risk and low returns should rates fall. The index is rebalanced on the last business day of every month.

Classification

Asset Class
Fixed income
Category
Government, treasury
Focus
Investment grade
Niche
Floating rate
Strategy
Vanilla
Weighting scheme
Market value
Selection criteria
Market value

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of April 11, 2024
Exposure type
Bonds, Cash & Other
Government
Bonds, Cash & Other100.00%
Government99.99%
Cash0.01%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows