WisdomTree Core Laddered Municipal Fund
WTMU
NASDAQ Global Market- -
USD
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- -
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- CEO
- Jeffrey A. Taylor
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 250 West 34th Street, 3rd Floor New York NY United States of America 10119
- IPO Date
- Apr 3, 2025
- Website
- wisdomtree.com
- Similar Companies
- Business
- WisdomTree Core Laddered Municipal Fund (WTMU) is an actively managed exchange-traded fund that seeks to generate current income exempt from federal income taxes through a portfolio of high-quality investment-grade municipal bonds with a laddered maturity structure up to 15 years. The fund employs a structured laddered maturity strategy focused on municipal debt securities, utilizing a value-oriented approach to select securities and sectors across the municipal market; it targets an average duration of four to eight years, invests across maturity rungs in securities expected to mature, be called, or tendered within 15 years, and may allocate up to 30% to municipal securities subject to the federal alternative minimum tax. As of July 2025, the fund maintains a weighted average coupon of 4.96%, average years to maturity of 7.72 years, effective duration of 5.55 years, and a credit quality breakdown comprising approximately 9.66% AAA, 57.69% AA, 31.45% A, and 1.20% BBB-rated holdings, with 100% allocation to municipal assets. Launched on April 3, 2025, and listed on Nasdaq with a net expense ratio of 0.25% (CUSIP: 97717Y386), WTMU is issued by WisdomTree Trust and sub-advised by Insight North America LLC, a municipal bond manager with decades of experience in disciplined risk management and bespoke solutions. The fund concurrently launched alongside the related WisdomTree High Income Laddered Municipal Fund (WTMY), expanding WisdomTree's fixed income offerings to provide tax-efficient income diversification amid evolving interest rate environments and municipal bond market opportunities. Operated from WisdomTree's headquarters in New York, the fund targets tax-conscious investors seeking high-quality after-tax income, interest rate risk management, and portfolio diversification from equities; it focuses primarily on U.S. municipal issuers across sectors such as education, healthcare, transportation, and utilities, with total assets under management reaching approximately $5 million as of July 2025.