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Security Profile
- Security Type
- Index ETF
- CUSIP
- 97717W547
- Market Cap
- Micro Cap · $25 Million
- IPO
- 2/23/2007
- Previous Name
- WisdomTree Low P/E Fund
Fund Description: WisdomTree LargeCap Value Fund, formerly the WisdomTree Low P/E Fund, is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the WisdomTree Trust, a management investment company. INVESTMENT OBJECTIVE: The WisdomTree LargeCap Value Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree LargeCap Value Index. INDEX DESCRIPTION: The WisdomTree LargeCap Value Index is a fundamentally weighted index that measures the performance of large-cap value companies. The WisdomTree LargeCap Value Index consists of U.S. companies that have positive cumulative earnings over the past four fiscal quarters and that meet the Index’s market capitalization, liquidity, and other requirements as of the Index measurement date. For these purposes, earnings are determined using a company’s reported net income, excluding special items, applicable to common shareholders. WisdomTree Investments creates a value score for each company based on the company’s Price to Earnings Ratio, Price to Sales Ratio, and Price to Book Value and 1-year change in stock price. The top 30% of companies with the highest value scores within the 1000 largest companies by market capitalization are included in the Index. Companies are weighted in the Index annually based on earnings. FUND STRATEGY: The Fund employs a passive management or indexing investment approach designed to track the performance of the Index. The Fund attempts to invest all, or substantially all, of its assets in the stocks that make up the Index. The Fund generally uses a Representative Sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of the securities in the Index whose risk, return and other characteristics closely resemble the risk, return and other characteristics of the Index as a whole. Under normal circumstances, at least 95% of the Fund’s total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the Index. To the extent that the Fund’s Index concentrates (i.e., holds 25% or more of its total assets) in the securities of a particular industry or group of industries, the Fund will concentrate its investments to approximately the same extent as its Index. FUND MANAGEMENT: WisdomTree Asset Management, Inc. serves as investment adviser to the Fund. Mellon Capital Management Corporation serves as sub-adviser to the Fund.
Company Contact
- Headquarters
- 245 Park Avenue, 35th Floor, New York, NY 10167
- Phone
- 866-909-9473 · Toll-Free 866-909-9473
- Investor Relations
- Jason Weyeneth, CFA · 917-267-3858 · JWeyeneth@wisdomtree.com