WisdomTree Moving to Monthly Payouts For U.S. Dividend ETFs

WisdomTree WETF, the only publicly traded pure play ETF provider, said today four more of its U.S.-focused dividend ETFs will begin paying monthly dividends later this month. The WisdomTree Total Dividend Fund DTD, the WisdomTree LargeCap Dividend Fund DLN, the WisdomTree MidCap Dividend Fund DON and the WisdomTree SmallCap Dividend Fund DES will make their first monthly distribution on ex-date November 26, according to a statement issued by NewYork-based WisdomTree. In July, the $1.1 billion WisdomTree Dividend ex-Financials Fund DTN and the $569.5 million WisdomTree Equity Income Fund DHS began paying monthly dividends. Combined, the WisdomTree Total Dividend Fund, the WisdomTree LargeCap Dividend Fund, the WisdomTree MidCap Dividend Fund and the WisdomTree SmallCap Dividend Fund have about $2.3 billion in assets under management. WisdomTree already features monthly dividends on five of its bond ETFs, including the actively managed WisdomTree Emerging Markets Local Debt Fund ELD and the WisdomTree Emerging Markets Corporate Bond Fund EMCB. For more on ETFs, click here.