HYZD

WisdomTree Interest Rate Hedged High Yield Bond Fund
*Unless otherwise stated, data provided by FactSet.

HYZD Fund Description

The WisdomTree Interest Rate Hedged High Yield Bond Fund (the “Fund”) seeks to track the price and yieldperformance, before fees and expenses, of the WisdomTree U.S. High Yield Corporate Bond, Zero Duration Index(the “Index”).

HYZD Factset Analytics Insight

HYZD is one of several interest-rate-hedged bond funds indexed and offered by WisdomTree. The fund screens corporate bonds for favorable cash flow, income and valuation. Issues with a higher probability of default relative to other bonds in its sector are also removed. HYZD offers very similar high-yield exposure as PIMCO’s HYS, but with an interest-rate-hedge overlay. The fund shorts Treasury futures to achieve a net-zero portfolio duration. The portfolio theoretically captures only the credit spread without duration risk. However, a nonparallel shift in yield curve may undermine precise hedging. HYZD might appeal to investors who want pure credit exposure but are uncertain about interest-rate paths. Prior to May 29, 2020, the fund sought to track the ICE BofA Merrill Lynch 0-5 Year US High Yield Constrained, Zero Duration Index.

HYZD MSCI ESG Analytics Insight

WisdomTree Interest Rate Hedged High Yield Bond Fund has an MSCI ESG Fund Rating of BB based on a score of 3.07 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. WisdomTree Interest Rate Hedged High Yield Bond Fund ranks in the 10th percentile within its peer group and in the 53th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

HYZD Charts And Performance

Price Chart ($)
Total Return Chart (%)
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PERFORMANCE [as of 07/09/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
HYZD -2.54% 2.22% -10.02% -8.28% -0.37% 1.97% --
ticker (NAV) -1.76% 3.76% -8.52% -6.59% 0.39% 2.40% --
WisdomTree U.S. High Yield Corporate Bond, Zero Duration Index -1.02% 6.53% -7.80% -5.98% 0.94% 2.98% --
Bloomberg Barclays US Corporate High Yield Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

HYZD Summary Data

WisdomTree
12/18/13
Open-Ended Fund
0.43%
$128.43M
$679.79K
0.48%

HYZD Portfolio Data

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07/28/20
415

HYZD Index Data

WisdomTree U.S. High Yield Corporate Bond, Zero Duration Index
Fundamental
Fundamental
Bloomberg Barclays US Corporate High Yield Index

HYZD Portfolio Management

0.43%
0.21%
2.09%
-0.94%

HYZD Tax Exposures

20.00% / 39.60%
0.04%
Ordinary income
No

HYZD Fund Structure

Open-Ended Fund
No
Yes
75% / 25%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

HYZD Factset Analytics Block Liquidity

As of 07/10/20
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of HYZD. HYZD is rated a N/A out of 5.

HYZD Tradability

33,636
$679.79K
28,227
$572.64K
0.48%
$0.10
-0.46%
0.58% / -9.12%
None
100.00%
100,000
0.28
0.02%
--
0
$20.67
N/A

HYZD Top 10 Holdings[View All]

21.80%
8.74%
8.00%
6.74%
6.49%
5.99%
5.69%
5.21%
5.03%
4.91%
78.6%

HYZD Performance Statistics

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HYZD MSCI ESG Ratings

3.07 / 10
53.35
9.69
2.93%
2.85%
224.62

HYZD Holdings Statistics

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415
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HYZD Avg Life Maturity Distribution

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HYZD OAS Breakdown

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