Key stats
About WisdomTree Mortgage Plus Bond Fund
Expense ratio
0.45%
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Inception date
Nov 14, 2019
ISIN
US97717Y7250
MTGP holds a portfolio primarily invested in agency mortgage-backed securities while able to provide exposure in other securitized credit securities (non-agency issuers) up to 20% of its net assets. Mortgage-backed securities are held by Fannie Mae, Freddie Mac and Ginnie Mae, and may be purchased through a TBA transaction. The Fund intends to provide a broad-based exposure in both investment grade (80%) and high yield bonds (20%). The fund attempts to maintain an aggregate portfolio duration of up to seven years under normal market conditions, but may invest in securities of varying maturity or duration and with either fixed or adjustable rates. MTGP is actively managed, utilizing an investment process combining both macro and fundamental research to achieve its objective.
Classification
What's in the fund
Exposure type
Securitized
Bonds, Cash & Other100.00%
Securitized96.01%
Cash2.33%
Miscellaneous1.10%
Municipal0.56%