WFHYWisdomTree U.S. High Yield Corporate Bond Fund
WFHY Fund Description
WFHY tracks an index composed of high-yield, US corporate bonds. Constituents are selected and weighted by fundamental factors and bond risk characteristics.
WFHY Factset Analytics Insight
WFHY's eligible universe begins with high-yield, US-domiciled, USD-denominated debt, with no maturity mandate. From this pool, the fund selects its securities by scoring companies based on their free cash flows to equity, and removing the lowest-scoring 20%. Securities are then ranked within each sector to screen out the bottom 5% by liquidity score. The fund weights its securities by scoring remaining bonds by their probabilities of default, giving preference to risk-adjusted higher income. The fundamental approach intends to identify companies with healthier cash flows, while tilting towards higher income. The Index is rebalanced semi-annually, with single issuer capped at 2% and any excess exposure distributed on a pro-rata basis to the remaining bonds.
WFHY MSCI ESG Analytics Insight
WisdomTree U.S. High Yield Corporate Bond Fund has an MSCI ESG Fund Rating of BB based on a score of 4.13 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 U.S. High Yield Corporate Bond Fund ranks in the 12nd percentile within its peer group and in the 56th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
WFHY Summary Data
WFHY Portfolio Data
WFHY Index Data
WFHY Portfolio Management
WFHY Tax Exposures
WFHY Fund Structure
WFHY Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of WFHY. WFHY is rated a N/A out of 5.
WFHY Sector/Industry Breakdown
WFHY Top 10 Holdings[View All]
WFHY Top 5 Countries
WFHY Top 5 Currencies