WisdomTree High Income Laddered Municipal Fund (WTMY) is an actively managed exchange-traded fund that seeks to generate a high level of current income exempt from federal income taxes through a laddered portfolio of U.S. municipal bonds. The fund emphasizes higher-yielding municipal securities, targeting at least 80% allocation to bonds rated A+ or below, including investment-grade and high-yield sectors; it maintains an average duration of five to ten years, focusing on securities expected to mature or be called within 15 years to optimize yield, diversify interest rate risk, and capitalize on credit opportunities via disciplined selection and independent research. Sub-advised by Insight North America LLC, WTMY provides tax-efficient income for investors seeking diversification from equities and higher yields than traditional intermediate investment-grade municipal portfolios, with an expense ratio of 0.35%, CUSIP 97717Y378, and listings on Nasdaq.
Launched on April 1, 2025, alongside the related WisdomTree Core Laddered Municipal Fund (WTMU), WTMY represents WisdomTree's expansion into specialized laddered municipal bond strategies amid evolving fixed income dynamics. The fund issuer, WisdomTree, Inc. (NYSE: WT), headquartered at 250 West 34th Street, 3rd Floor, New York, New York, manages approximately $116.2 billion in global assets and operates across public market ETPs, model portfolios, and emerging digital asset solutions targeting institutional and retail investors in the U.S. and internationally. In July 2025, WisdomTree announced a definitive agreement to acquire Ceres Partners, LLC, adding $1.85 billion in U.S. farmland investments and marking its strategic entry into private asset markets focused on real assets like agriculture, solar, AI data infrastructure, and water-related opportunities.