NEW YORK, Oct. 25, 2017 (GLOBE NEWSWIRE) -- WisdomTree (NASDAQ:WETF), an exchange-traded product (“ETP”) sponsor and asset manager, today announced forward share splits on the WisdomTree U.S. MidCap Dividend Fund (Ticker: DON), the WisdomTree U.S. SmallCap Dividend Fund (Ticker: DES), the WisdomTree U.S. Earnings 500 Fund (Ticker: EPS) and the WisdomTree U.S. Total Earnings Fund (Ticker: EXT). Forward splits increase the number of shares outstanding and decrease the funds’ share price. The splits will not change the total value of a shareholder’s investment.
The stock splits will apply to shareholders of record as of the close of the markets on November 7, 2017, payable after the close of the markets on November 9, 2017. Shares will trade at their post-split price on November 10, 2017. The ticker symbol and CUSIP number for the funds will not change.
|Ticker||Fund Name||NAV per Share|
(as of 10/23/2017)
|DON||WisdomTree U.S. |
MidCap Dividend Fund
|DES|| WisdomTree U.S. |
|EPS||WisdomTree U.S. |
Earnings 500 Fund
|EXT|| WisdomTree U.S. Total |
The following table illustrates the effect of a hypothetical 3-for-1 forward share split:
|Period|| Number of Shares |
| Hypothetical Price per|
|Total Value of Shares|
Investors should carefully consider the investment objectives, risks, charges and expenses of the Fund before investing. To obtain a prospectus containing this and other important information, please call 866.909.WISE (9473), or visit wisdomtree.com to view or download a prospectus. Read the prospectus carefully before you invest.
There are risks associated with investing, including possible loss of principal. Funds focusing their investments on certain sectors and/or smaller companies increase their vulnerability to any single economic or regulatory development. This may result in greater share price volatility. Please read the Fund’s prospectus for specific details regarding the Fund’s risk profile.
WisdomTree Funds are distributed by Foreside Fund Services, LLC in the U.S. only.
WisdomTree Investments, Inc., through its subsidiaries in the U.S., Europe, Japan and Canada (collectively, “WisdomTree”), is an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset manager headquartered in New York. WisdomTree offers products covering equities, fixed income, currencies, commodities and alternative strategies. WisdomTree currently has approximately $47.4 billion in assets under management globally.
WisdomTree® is the marketing name for WisdomTree Investments, Inc. and its subsidiaries worldwide.
Source:WisdomTree Investments, Inc.