WisdomTree Trust

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

FORM N-Q

 

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number: 811-21864

 

 

WisdomTree Trust

(Exact name of Registrant as specified in charter)

 

 

380 Madison Avenue, 21st Floor New York, NY 10017

(Address of principal executive offices) (Zip code)

The Corporation Trust Company

1209 Orange Street

Wilmington, DE 19801

(Name and address of agent for service)

Registrant’s telephone number, including area code: (866) 909-9473

Date of fiscal year end: August 31

Date of reporting period: May 31, 2010

 

 

Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

 

 

 


Item 1. Schedule of Investments.


Schedule of Investments (unaudited)

WisdomTree Dreyfus Brazilian Real Fund (BZF)

May 31, 2010

 

Investments

   Principal
Amount
   Value

U.S. GOVERNMENT AGENCIES & OBLIGATIONS - 59.6%

     

U.S. Government Agencies - 32.8%

     

Federal Home Loan Mortgage Corp.

     

0.14%, 6/01/10*

   $ 2,000,000    $ 1,999,994

0.17%, 6/28/10*

     3,000,000      2,999,770

0.17%, 6/30/10*

     1,000,000      999,858

0.17%, 7/06/10*

     9,640,000      9,638,667

0.18%, 7/12/10*

     2,800,000      2,799,518

0.18%, 7/26/10*

     2,000,000      1,999,633

0.18%, 7/28/10*

     2,000,000      1,999,700

0.18%, 8/02/10*

     8,500,000      8,497,952

0.35%, 4/01/11**

     800,000      801,073
Federal National Mortgage Association      

0.16%, 6/09/10*

     2,200,000      2,199,912

0.16%, 6/23/10*

     3,000,000      2,999,800

0.18%, 6/30/10*

     1,000,000      999,905

0.18%, 7/21/10*

     2,000,000      1,999,677

0.18%, 7/28/10*

     5,000,000      4,999,249

4.25%, 8/15/10

     2,000,000      2,016,570

0.20%, 8/25/10*

     1,000,000      999,669
         

Total U.S. Government Agencies

        47,950,947
         

Treasury Bills - 26.8%

     

U.S. Treasury Bills

     

0.15%, 6/03/10*

     14,000,000      13,999,834

0.15%, 6/17/10*

     5,000,000      4,999,632

0.16%, 6/24/10*

     9,100,000      9,099,064

0.23%, 8/26/10*

     8,000,000      7,997,192

0.35%, 12/16/10*

     1,500,000      1,498,209

0.31%, 1/13/11*

     1,500,000      1,497,975
         

Total Treasury Bills

        39,091,906
         

TOTAL U.S. GOVERNMENT AGENCIES & OBLIGATIONS

     

(Cost: $87,037,087)

        87,042,853
         

CORPORATE BONDS - 14.1%

     

Banks - 5.7%

     

Bank of America NA

     

0.29%, 9/13/10**(a)

     1,000,000      1,000,306
KeyCorp      

0.91%, 12/15/10**(a)

     800,000      803,098
Regions Bank      

0.91%, 12/10/10**(a)

     2,100,000      2,108,429

2.75%, 12/10/10(a)

     2,400,000      2,426,592
Union Bank NA      

0.34%, 3/16/11**(a)

     2,000,000      2,001,856
         

Total Banks

        8,340,281
         

Financials - 8.4%

     
General Electric Capital Corp.      

0.34%, 3/11/11**(a)

     1,500,000      1,503,027
Goldman Sachs Group, Inc.      

0.75%, 12/03/10**(a)

     2,000,000      2,006,516

0.34%, 3/15/11**(a)

     1,200,000      1,202,060
JPMorgan Chase & Co.      

2.63%, 12/01/10(a)

     4,400,000      4,448,387

0.56%, 2/23/11**(a)

     1,000,000      1,001,338

 

Morgan Stanley      

2.90%, 12/01/10(a)

   $ 1,085,000    $ 1,098,187   

0.83%, 3/04/11**(a)

     1,000,000      1,004,245   
           

Total Financials

        12,263,760   
           

TOTAL CORPORATE BONDS

     
(Cost: $20,601,640)         20,604,041   
           

MONEY MARKET FUND - 0.1%

     
Invesco Treasury Fund Private Class, 0.02%(b)      
(Cost: $178,275)      178,275      178,275   
           

REPURCHASE AGREEMENT - 28.6%

     

Citigroup, Inc. tri-party repurchase agreement dated 5/28/10, 0.21% due 6/01/10; Proceeds at maturity - $41,749,174 (Fully collateralized by Freddie Mac, 4.00% due 4/01/24; Market value - $43,835,611)

     
(Cost: $41,748,200)      41,748,200      41,748,200   
           

TOTAL INVESTMENTS IN SECURITIES - 102.4%

     
(Cost: $149,565,202)(c)         149,573,369   
Liabilities in Excess of Other Assets - (2.4)%         (3,584,921
           

NET ASSETS - 100.0%

      $ 145,988,448   
           

 

*

Interest rate shown reflects the discount rate at time of purchase.

**

Floating rate note. Coupon shown is in effect at May 31, 2010. Date represents the ultimate maturity date.

(a)

FDIC Guaranteed issued under temporary liquidity guarantee program.

(b)

Rate shown represents annualized 7-day yield as of May 31, 2010.

(c)

Aggregate cost for Federal income tax purposes is substantially the same as for book purposes.

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

WisdomTree Dreyfus Chinese Yuan Fund (CYB)

May 31, 2010

 

Investments

   Principal
Amount
   Value  

U.S. GOVERNMENT AGENCIES & OBLIGATIONS - 68.0%

     

U.S. Government Agencies - 38.2%

     

Federal Home Loan Mortgage Corp.

     

0.17%, 6/07/10*

   $ 4,000,000    $ 3,999,885   

0.14%, 6/08/10*

     6,000,000      5,999,804   

0.18%, 6/14/10*

     15,000,000      14,999,081   

0.18%, 6/21/10*

     18,200,000      18,198,641   

0.17%, 6/28/10*

     15,000,000      14,998,851   

0.17%, 6/30/10*

     7,000,000      6,999,008   

0.18%, 7/06/10*

     21,200,000      21,197,499   

0.18%, 7/12/10*

     17,000,000      16,997,074   

0.18%, 7/16/10*

     4,500,000      4,499,322   

0.18%, 7/19/10*

     6,000,000      5,999,036   

0.18%, 7/26/10*

     9,000,000      8,998,348   

0.18%, 8/02/10*

     6,000,000      5,998,554   

0.18%, 8/03/10*

     7,000,000      6,998,285   

0.18%, 8/09/10*

     6,000,000      5,998,392   

0.19%, 8/16/10*

     7,000,000      6,997,928   

0.28%, 9/27/10*

     11,300,000      11,293,333   

0.33%, 12/07/10*

     15,000,000      14,980,320   

0.35%, 4/01/11**

     3,900,000      3,905,230   

Federal National Mortgage Association

     

0.16%, 6/02/10*

     6,050,000      6,049,965   

0.16%, 6/03/10*

     7,000,000      6,999,938   

0.17%, 6/09/10*

     19,500,000      19,499,269   

0.18%, 6/14/10*

     14,000,000      13,999,039   

0.18%, 6/16/10*

     7,000,000      6,999,585   

0.16%, 6/23/10*

     10,000,000      9,999,332   

0.18%, 6/30/10*

     7,000,000      6,999,335   

0.18%, 7/21/10*

     15,000,000      14,997,579   

0.18%, 7/28/10*

     8,000,000      7,998,798   

0.18%, 8/04/10*

     6,500,000      6,498,382   

0.20%, 8/11/10*

     10,000,000      9,997,240   

4.25%, 8/15/10

     1,585,000      1,598,132   
           

Total U.S. Government Agencies

        290,695,185   
           

Treasury Bills - 29.8%

     

U.S. Treasury Bills

     

0.15%, 6/03/10*

     66,700,000      66,699,197   

0.15%, 6/17/10*

     59,350,000      59,345,606   

0.16%, 6/24/10*

     37,940,000      37,936,062   

0.16%, 7/08/10*

     15,000,000      14,998,468   

0.24%, 8/26/10*

     29,500,000      29,489,645   

0.26%, 9/23/10*

     4,000,000      3,998,036   

0.37%, 12/16/10*

     10,000,000      9,988,060   

0.31%, 1/13/11*

     4,500,000      4,493,925   
           

Total Treasury Bills

        226,948,999   
           

TOTAL U.S. GOVERNMENT AGENCIES & OBLIGATIONS

     

(Cost: $517,606,160)

        517,644,184   
           

CORPORATE BONDS - 4.4%

     

Banks - 1.9%

     

Bank of America NA

     

0.38%, 7/29/10**(a)

     2,200,000      2,200,394   

Citigroup Funding, Inc.

     

0.44%, 7/30/10**(a)

     500,000      500,181   

KeyCorp

     

0.91%, 12/15/10**(a)

   $ 1,200,000    $ 1,204,647   

Regions Bank

     

2.75%, 12/10/10(a)

     8,450,000      8,543,626   

Union Bank NA

     

0.34%, 3/16/11**(a)

     2,000,000      2,001,856   
           

Total Banks

        14,450,704   
           

Financials - 2.5%

     

Goldman Sachs Group, Inc.

     

0.75%, 12/03/10**(a)

     1,327,000      1,331,323   

0.34%, 3/15/11**(a)

     3,000,000      3,005,151   

JPMorgan Chase & Co.

     

2.63%, 12/01/10(a)

     9,700,000      9,806,671   

0.75%, 12/02/10**(a)

     920,000      922,433   

0.56%, 2/23/11**(a)

     2,000,000      2,002,676   

Morgan Stanley

     

0.83%, 3/04/11**(a)

     2,000,000      2,008,490   
           

Total Financials

        19,076,744   
           

TOTAL CORPORATE BONDS

     

(Cost: $33,533,304)

        33,527,448   
           

MONEY MARKET FUND - 0.1%

     

Invesco Treasury Fund Private Class, 0.02%(b)

     

(Cost: $811,208)

     811,208      811,208   
           

REPURCHASE AGREEMENT - 29.4%

     

Citigroup, Inc. tri-party repurchase agreement dated 5/28/10, 0.21% due 6/01/10; Proceeds at maturity - $223,416,129 (Fully collateralized by Fannie Mae, 4.50% - 5.00% due 1/11/33 - 2/01/40 and Ginnie Mae, 4.50% - 5.50% due 8/20/38 - 5/20/40; Market value - $234,581,462)

     

(Cost: $223,410,916)

     223,410,916      223,410,916   
           

TOTAL INVESTMENTS IN SECURITIES - 101.9%

     

(Cost: $775,361,588)(c)

        775,393,756   

Liabilities in Excess of Other Assets - (1.9)%

        (14,230,283
           

NET ASSETS - 100.0%

      $ 761,163,473   
           

 

*

Interest rate shown reflects the discount rate at time of purchase.

**

Floating rate note. Coupon shown is in effect at May 31, 2010. Date represents the ultimate maturity date.

(a)

FDIC Guaranteed issued under temporary liquidity guarantee program.

(b)

Rate shown represents annualized 7-day yield as of May 31, 2010.

(c)

Aggregate cost for Federal income tax purposes is substantially the same as for book purposes.

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

WisdomTree Dreyfus Emerging Currency Fund (CEW)

May 31, 2010

 

Investments

   Principal
Amount
   Value  

U.S. GOVERNMENT AGENCIES & OBLIGATIONS - 74.0%

     

U.S. Government Agencies - 50.1%

     

Federal Home Loan Mortgage Corp.

     

0.14%, 6/01/10*

   $ 5,950,000    $ 5,949,983   

0.17%, 6/07/10*

     8,500,000      8,499,756   

0.18%, 6/14/10*

     13,000,000      12,999,204   

0.18%, 6/21/10*

     5,000,000      4,999,627   

0.17%, 6/28/10*

     3,000,000      2,999,770   

0.17%, 6/30/10*

     4,500,000      4,499,362   

0.17%, 7/06/10*

     18,900,000      18,897,606   

0.18%, 7/12/10*

     4,500,000      4,499,226   

0.18%, 7/16/10*

     1,500,000      1,499,774   

0.18%, 7/19/10*

     6,900,000      6,898,892   

0.17%, 7/23/10*

     4,700,000      4,698,824   

0.18%, 7/26/10*

     6,000,000      5,998,898   

0.18%, 7/28/10*

     3,000,000      2,999,549   

0.19%, 8/02/10*

     21,800,000      21,794,746   

0.18%, 8/03/10*

     5,000,000      4,998,775   

0.19%, 8/12/10*

     4,000,000      3,998,880   

0.19%, 8/16/10*

     4,000,000      3,998,816   

0.20%, 8/24/10*

     2,500,000      2,499,183   

0.28%, 9/27/10*

     6,700,000      6,696,047   

0.32%, 3/09/11**

     300,000      300,444   

Federal National Mortgage Association

     

0.17%, 6/02/10*

     7,680,000      7,679,955   

0.17%, 6/09/10*

     6,000,000      5,999,782   

0.18%, 6/14/10*

     2,500,000      2,499,825   

0.19%, 6/16/10*

     11,000,000      10,999,348   

0.16%, 6/23/10*

     3,000,000      2,999,800   

0.18%, 6/30/10*

     5,000,000      4,999,525   

0.18%, 7/16/10*

     3,000,000      2,999,310   

0.18%, 7/21/10*

     8,500,000      8,498,628   

0.19%, 7/28/10*

     10,000,000      9,998,498   

0.18%, 8/04/10*

     4,000,000      3,999,004   

0.20%, 8/11/10*

     9,500,000      9,497,378   

0.20%, 8/18/10*

     2,200,000      2,199,333   

0.20%, 8/25/10*

     5,000,000      4,998,345   

0.34%, 12/01/10*

     2,000,000      1,997,458   

0.30%, 5/13/11**

     500,000      499,920   
           

Total U.S. Government Agencies

        209,593,471   
           

Treasury Bills - 23.9%

     

U.S. Treasury Bills

     

0.14%, 6/03/10*

     13,860,000      13,859,833   

0.15%, 6/17/10*

     22,200,000      22,198,454   

0.16%, 6/24/10*

     33,820,000      33,816,629   

0.23%, 8/26/10*

     23,900,000      23,891,611   

0.26%, 9/23/10*

     1,500,000      1,499,263   

0.37%, 12/16/10*

     2,000,000      1,997,612   

0.31%, 1/13/11*

     2,500,000      2,496,625   
           

Total Treasury Bills

        99,760,027   
           

TOTAL U.S. GOVERNMENT AGENCIES & OBLIGATIONS

     

(Cost: $309,331,576)

        309,353,498   
           

CORPORATE BONDS - 1.4%

     

Banks - 0.6%

     

Citigroup Funding, Inc.

     

0.27%, 5/05/11**(a)

   $ 300,000    $ 299,909   

Regions Bank

     

2.75%, 12/10/10(a)

     2,000,000      2,022,160   

Suntrust Bank

     

0.91%, 12/16/10**(a)

     100,000      100,410   

Union Bank NA

     

0.34%, 3/16/11**(a)

     115,000      115,107   
           

Total Banks

        2,537,586   
           

Financials - 0.8%

     

Goldman Sachs Group, Inc.

     

0.34%, 3/15/11**(a)

     400,000      400,687   

JPMorgan Chase & Co.

     

2.63%, 12/01/10(a)

     2,600,000      2,628,592   

0.42%, 4/01/11**(a)

     400,000      401,046   
           

Total Financials

        3,430,325   
           

TOTAL CORPORATE BONDS

     

(Cost: $5,972,189)

        5,967,911   
           

MONEY MARKET FUND - 0.2%

     

Invesco Treasury Fund Private Class, 0.02%(b)

     

(Cost: $694,382)

     694,382      694,382   
           

REPURCHASE AGREEMENT - 29.8%

     

Citigroup, Inc. tri-party repurchase agreement dated 5/28/10, 0.21% due 6/01/10; Proceeds at maturity - $124,326,489 (Fully collateralized by Freddie Mac, 4.00% - 4.50% due 9/01/24 - 5/01/25 and Ginnie Mae, 5.00% - 5.50% due 5/15/39 - 10/15/39; Market value - $130,539,768)

     

(Cost: $124,323,588)

     124,323,588      124,323,588   
           

TOTAL INVESTMENTS IN SECURITIES - 105.4%

     

(Cost: $440,321,735)(c)

        440,339,379   

Liabilities in Excess of Other Assets - (5.4)%

        (22,573,205
           

NET ASSETS - 100.0%

      $ 417,766,174   
           

 

*

Interest rate shown reflects the discount rate at time of purchase.

**

Floating rate note. Coupon shown is in effect at May 31, 2010. Date represents the ultimate maturity date.

(a)

FDIC Guaranteed issued under temporary liquidity guarantee program.

(b)

Rate shown represents annualized 7-day yield as of May 31, 2010.

(c)

Aggregate cost for Federal income tax purposes is substantially the same as for book purposes.

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

WisdomTree Dreyfus Euro Fund (EU)

May 31, 2010

 

Investments

   Principal
Amount
   Value  

TIME DEPOSITS - 49.0%

     

Banks - 49.0%

     

Royal Bank of Scotland PLC

     

0.21%, 6/04/10

   2,758,892 EUR    $ 3,402,129   

UBS AG

     

0.18%, 6/04/10

   2,190,007 EUR      2,700,608   
           

TOTAL TIME DEPOSITS

     

(Cost: $6,047,803)

        6,102,737   
           

FOREIGN GOVERNMENT OBLIGATIONS - 39.0%

     

Sovereign - 39.0%

     

Belgium Treasury Bill

     

0.20%, 8/19/10*

   1,000,000 EUR      1,232,678   

Buoni Ordinari Del Tes Treasury Bill

     

0.62%, 7/30/10*

   1,300,000 EUR      1,601,658   

French Treasury Bill

     

0.16%, 7/29/10*

   350,000 EUR      431,461   

German Treasury Bill

     

0.23%, 6/30/10*

   1,296,000 EUR      1,597,852   
           

TOTAL FOREIGN GOVERNMENT OBLIGATIONS

     

(Cost: $5,146,261)

        4,863,649   
           

CORPORATE BONDS - 14.4%

     

Banks - 14.4%

     

Danske Bank AS

     

2.50%, 9/21/10

   200,000 EUR      248,018   

International Bank Reconstruction & Development

     

4.25%, 6/01/10

   350,000 EUR      431,644   

Landwirtsch Rentenbank

     

3.63%, 6/15/10

   300,000 EUR      370,386   

Nordea Bank Danmark AS

     

2.38%, 9/06/10

   300,000 EUR      371,640   

Nykredit Bank AS

     

2.38%, 7/29/10

   300,000 EUR      370,886   
           

TOTAL CORPORATE BONDS

     

(Cost: $2,098,073)

        1,792,574   
           

TOTAL INVESTMENTS IN SECURITIES - 102.4%

     

(Cost: $13,292,137)(a)

        12,758,960   

Liabilities in Excess of Cash, Foreign Currency and Other Assets - 2.4%

        (304,581
           

NET ASSETS - 100.0%

      $ 12,454,379   
           

Principal amount is reported in U.S. dollars, except for those denoted in the following currency:

EUR - Euro

 

* Interest rate shown reflects the discount rate at time of purchase.
(a)

Aggregate cost for Federal income tax purposes is substantially the same as for book purposes.

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

WisdomTree Dreyfus Indian Rupee Fund (ICN)

May 31, 2010

 

Investments

   Principal
Amount
   Value  

U.S. GOVERNMENT AGENCIES & OBLIGATIONS - 72.7%

     

U.S. Government Agencies - 46.2%

     

Federal Home Loan Mortgage Corp.

     

0.14%, 6/01/10*

   $ 800,000    $ 799,998   

0.15%, 6/07/10*

     1,000,000      999,971   

0.19%, 6/14/10*

     700,000      699,957   

0.18%, 6/21/10*

     300,000      299,978   

0.17%, 6/28/10*

     600,000      599,954   

0.17%, 6/30/10*

     500,000      499,929   

0.17%, 7/06/10*

     2,400,000      2,399,700   

0.18%, 7/12/10*

     700,000      699,880   

0.18%, 8/02/10*

     950,000      949,771   

0.35%, 4/01/11**

     1,400,000      1,401,877   

Federal National Mortgage Association

     

0.16%, 6/23/10*

     600,000      599,960   

0.18%, 6/30/10*

     800,000      799,924   

0.18%, 8/04/10*

     450,000      449,888   

0.19%, 8/11/10*

     600,000      599,834   

4.25%, 8/15/10

     1,000,000      1,008,285   
           

Total U.S. Government Agencies

        12,808,906   
           

Treasury Bills - 26.5%

     

U.S. Treasury Bills

     

0.16%, 6/03/10*

     1,550,000      1,549,982   

0.15%, 6/24/10*

     4,300,000      4,299,574   

0.26%, 9/23/10*

     400,000      399,804   

0.37%, 12/16/10*

     500,000      499,403   

0.31%, 1/13/11*

     600,000      599,190   
           

Total Treasury Bills

        7,347,953   
           

TOTAL U.S. GOVERNMENT AGENCIES & OBLIGATIONS

     

(Cost: $20,155,825)

        20,156,859   
           

CORPORATE BONDS - 5.9%

     

Banks - 2.2%

     

Regions Bank

     

2.75%, 12/10/10(a)

     500,000      505,540   

Union Bank NA

     

0.34%, 3/16/11**(a)

     100,000      100,093   
           

Total Banks

        605,633   
           

Financials - 3.7%

     

Goldman Sachs Group, Inc.

     

0.34%, 3/15/11**(a)

     400,000      400,687   

JPMorgan Chase & Co.

     

2.63%, 12/01/10(a)

     630,000      636,928   
           

Total Financials

        1,037,615   
           

TOTAL CORPORATE BONDS

     

(Cost: $1,644,053)

        1,643,248   
           

MONEY MARKET FUND - 0.2%

     

Invesco Treasury Fund Private Class, 0.02%(b)

     

(Cost: $48,110)

     48,110      48,110   
           

REPURCHASE AGREEMENT - 28.9%

     

Citigroup, Inc. tri-party repurchase agreement dated 5/28/10, 0.21% due 6/01/10; Proceeds at maturity - $7,997,999 (Fully collateralized by Freddie Mac, 4.50% due 5/01/25; Market value - $8,397,703)

     

(Cost: $7,997,812)

     7,997,812      7,997,812   
           

TOTAL INVESTMENTS IN SECURITIES - 107.7%

     

(Cost: $29,845,800)(c)

      $ 29,846,029   

Liabilities in Excess of Other Assets - (7.7)%

        (2,125,137
           

NET ASSETS - 100.0%

      $ 27,720,892   
           

 

*

Interest rate shown reflects the discount rate at time of purchase.

**

Floating rate note. Coupon shown is in effect at May 31, 2010. Date represents the ultimate maturity date.

(a)

FDIC Guaranteed issued under temporary liquidity guarantee program.

(b)

Rate shown represents annualized 7-day yield as of May 31, 2010.

(c)

Aggregate cost for Federal income tax purposes is substantially the same as for book purposes.

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

WisdomTree Dreyfus Japanese Yen Fund (JYF)

May 31, 2010

 

Investments

   Principal
Amount
   Value

TIME DEPOSITS - 48.7%

     

Banks - 48.7%

     

Mizuho International PLC

     

0.05%, 6/04/10

   267,666,933 JPY    $ 2,943,335

UBS AG

     

0.09%, 6/04/10

   241,878,287 JPY      2,659,757
         

TOTAL TIME DEPOSITS

     

(Cost: $5,632,201)

        5,603,092
         

FOREIGN GOVERNMENT OBLIGATIONS - 22.0%

     

Sovereign - 22.0%

     

Japan Treasury Bills

     

0.12%, 6/28/10, Series 97*

   100,000,000 JPY      1,099,535

0.11%, 7/12/10, Series 100*

   50,000,000 JPY      549,741

0.12%, 7/26/10, Series 103*

   80,000,000 JPY      879,557
         

TOTAL FOREIGN GOVERNMENT OBLIGATIONS

     

(Cost: $2,479,912)

        2,528,833
         

CORPORATE BONDS - 4.8%

     

Banks - 4.8%

     

Development Bank of Japan

     

1.75%, 6/21/10

   25,000,000 JPY      275,107

Toyota Motor Credit Corp.

     

0.55%, 6/30/10

   25,000,000 JPY      274,918
         

TOTAL CORPORATE BONDS

     

(Cost: $553,748)

        550,025
         

REPURCHASE AGREEMENT - 21.8%

     

Repurchase agreement dated 5/28/10, 0.10% due 6/01/10 with Royal Bank of Scotland; Proceeds at maturity - 228,304,373 JPY (Fully collateralized by Japan Government Bond, 0.40% due 2/15/11; Market value - $2,554,998)

     

(Cost: $2,510,467)

   228,301,836 JPY      2,510,467
         

TOTAL INVESTMENTS IN SECURITIES - 97.3%

     

(Cost: $11,176,328)(a)

        11,192,417

Cash, Foreign Currency and Other Assets in Excess of Liabilities - 2.7%

        315,903
         

NET ASSETS - 100.0%

      $ 11,508,320
         

Principal amount is reported in U.S. dollars, except for those denoted in the following currency:

JPY - Japanese yen

 

* Interest rate shown reflects the discount rate at time of purchase.
(a)

Aggregate cost for Federal income tax purposes is substantially the same as for book purposes.

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

WisdomTree Dreyfus New Zealand Dollar Fund (BNZ)

May 31, 2010

 

Investments

   Principal
Amount
   Value  

U.S. GOVERNMENT AGENCIES & OBLIGATIONS - 66.9%

  

U.S. Government Agencies - 40.3%

     

Federal Home Loan Mortgage Corp.

     

0.15%, 6/07/10*

   $ 300,000    $ 299,991   

0.16%, 6/22/10*

     500,000      499,951   

0.17%, 6/28/10*

     500,000      499,962   

0.17%, 7/06/10*

     1,160,000      1,159,848   

0.18%, 7/12/10*

     500,000      499,914   

0.17%, 7/23/10*

     300,000      299,925   

0.18%, 8/02/10*

     200,000      199,952   

0.20%, 8/24/10*

     300,000      299,902   

0.35%, 4/01/11**

     900,000      901,207   

Federal National Mortgage Association

     

0.16%, 6/02/10*

     250,000      249,998   

0.16%, 6/09/10*

     300,000      299,988   

0.18%, 7/16/10*

     600,000      599,862   

0.18%, 8/04/10*

     300,000      299,925   

0.20%, 8/18/10*

     500,000      499,848   

0.20%, 8/25/10*

     300,000      299,901   
           

Total U.S. Government Agencies

        6,910,174   
           

Treasury Bills - 26.6%

     

U.S. Treasury Bills

     

0.15%, 6/03/10*

     1,750,000      1,749,980   

0.17%, 6/17/10*

     300,000      299,977   

0.16%, 6/24/10*

     1,400,000      1,399,854   

0.24%, 8/26/10*

     500,000      499,824   

0.31%, 1/13/11*

     600,000      599,190   
           

Total Treasury Bills

        4,548,825   
           

TOTAL U.S. GOVERNMENT AGENCIES & OBLIGATIONS

     

(Cost: $11,458,361)

        11,458,999   
           

CORPORATE BONDS - 6.2%

     

Banks - 0.6%

     

Union Bank NA

     

0.34%, 3/16/11**(a)

     100,000      100,093   
           

Financials - 5.6%

     

Goldman Sachs Group, Inc.

     

0.34%, 3/15/11**(a)

     200,000      200,344   

JPMorgan Chase & Co.

     

2.63%, 12/01/10(a)

     680,000      687,478   

0.56%, 2/23/11**(a)

     75,000      75,100   
           

Total Financials

        962,922   
           

TOTAL CORPORATE BONDS

     

(Cost: $1,063,022)

        1,063,015   
           

MONEY MARKET FUND - 0.2%

     

Invesco Treasury Fund Private Class, 0.02%(b)

     

(Cost: $25,873)

     25,873      25,873   
           

REPURCHASE AGREEMENT - 29.1%

     

Citigroup, Inc. tri-party repurchase agreement dated 5/28/10, 0.21% due 6/01/10; Proceeds at maturity - $4,980,910 (Fully collateralized by Freddie Mac, 4.50% due 5/01/25; Market value - $5,229,834)

     

(Cost: $4,980,794)

     4,980,794      4,980,794   
           

TOTAL INVESTMENTS IN SECURITIES - 102.4%

     

(Cost: $17,528,050)(c)

        17,528,681   

Liabilities in Excess of Other Assets - (2.4)%

      $ (407,655
           

NET ASSETS - 100.0%

      $ 17,121,026   
           

 

*

Interest rate shown reflects the discount rate at time of purchase.

**

Floating rate note. Coupon shown is in effect at May 31, 2010. Date represents the ultimate maturity date.

(a)

FDIC Guaranteed issued under temporary liquidity guarantee program.

(b)

Rate shown represents annualized 7-day yield as of May 31, 2010.

(c)

Aggregate cost for Federal income tax purposes is substantially the same as for book purposes.

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

WisdomTree Dreyfus South African Rand Fund (SZR)

May 31, 2010

 

Investments

   Principal
Amount
   Value

U.S. GOVERNMENT AGENCIES & OBLIGATIONS - 86.5%

     

U.S. Government Agencies - 43.2%

     

Federal Home Loan Mortgage Corp.

     

0.14%, 6/01/10*

   $ 250,000    $ 249,999

0.17%, 6/28/10*

     600,000      599,954

0.17%, 6/30/10*

     200,000      199,972

0.19%, 7/06/10*

     300,000      299,964

0.18%, 7/26/10*

     200,000      199,963

0.18%, 8/02/10*

     350,000      349,916

0.35%, 4/01/11**

     100,000      100,134

Federal National Mortgage Association

     

0.17%, 6/02/10*

     520,000      519,997

0.18%, 7/21/10*

     200,000      199,968

0.18%, 7/28/10*

     500,000      499,925

0.18%, 8/04/10*

     150,000      149,963

0.19%, 8/11/10*

     150,000      149,958

0.20%, 8/18/10*

     100,000      99,970
         

Total U.S. Government Agencies

        3,619,683
         

Treasury Bills - 43.3%

     

U.S. Treasury Bills

     

0.15%, 6/03/10*

     1,290,000      1,289,985

0.17%, 6/17/10*

     350,000      349,973

0.16%, 6/24/10*

     1,250,000      1,249,872

0.24%, 8/26/10*

     300,000      299,895

0.26%, 9/23/10*

     140,000      139,931

0.31%, 1/13/11*

     300,000      299,595
         

Total Treasury Bills

        3,629,251
         

TOTAL U.S. GOVERNMENT AGENCIES & OBLIGATIONS

     

(Cost: $7,248,453)

        7,248,934
         

CORPORATE BONDS - 7.4%

     

Banks - 1.2%

     

Union Bank NA

     

0.34%, 3/16/11**(a)

     100,000      100,093
         

Financials - 6.2%

     

Goldman Sachs Group, Inc.

     

0.34%, 3/15/11**(a)

     100,000      100,172

JPMorgan Chase & Co.

     

2.63%, 12/01/10(a)

     290,000      293,189

Morgan Stanley

     

0.83%, 3/04/11**(a)

     125,000      125,530
         

Total Financials

        518,891
         

TOTAL CORPORATE BONDS

     

(Cost: $619,185)

        618,984
         

MONEY MARKET FUND - 0.5%

     

Invesco Treasury Fund Private Class, 0.02%(b)

     

(Cost: $44,711)

     44,711      44,711
         

REPURCHASE AGREEMENT -10.1%

     

Citigroup, Inc. tri-party repurchase agreement dated 5/28/10, 0.21% due 6/01/10; Proceeds at maturity - $848,124 (Fully collateralized by Freddie Mac, 4.50% due 5/01/25; Market value - $890,509)

     

(Cost: $848,104)

     848,104      848,104
         
     

 

TOTAL INVESTMENTS IN SECURITIES - 104.5%

     

(Cost: $8,760,453)(c)

      $ 8,760,733   

Liabilities in Excess of Other Assets - (4.5)%

        (380,162
           

NET ASSETS - 100.0%

      $ 8,380,571   
           

 

*

Interest rate shown reflects the discount rate at time of purchase.

**

Floating rate note. Coupon shown is in effect at May 31, 2010. Date represents the ultimate maturity date.

(a) FDIC Guaranteed issued under temporary liquidity guarantee program.
(b) Rate shown represents annualized 7-day yield as of May 31, 2010.
(c) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes.

 

See Notes to Schedule of Investments.


Notes to Schedule of Investments (unaudited)

1. ORGANIZATION

WisdomTree Trust (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Trust was established as a Delaware statutory trust pursuant to a Trust Instrument dated December 15, 2005. As of May 31, 2010, the Trust offered 42 investment funds. These notes relate only to the Schedule of Investments for the WisdomTree Dreyfus Brazilian Real Fund (“Brazilian Real Fund”), WisdomTree Dreyfus Chinese Yuan Fund (“Chinese Yuan Fund”), WisdomTree Dreyfus Emerging Currency Fund (“Emerging Currency Fund”), WisdomTree Dreyfus Euro Fund (“Euro Fund”), WisdomTree Dreyfus Indian Rupee Fund (“Indian Rupee Fund”), WisdomTree Dreyfus Japanese Yen Fund (“Japanese Yen Fund”), WisdomTree Dreyfus New Zealand Dollar Fund (“New Zealand Dollar Fund”) and WisdomTree Dreyfus South African Rand Fund (“South African Rand Fund”) (each a “Fund”, collectively, the “Funds”). The Funds commenced operations as follows: the Brazilian Real Fund, the Chinese Yuan Fund, the Euro Fund and the Indian Rupee Fund commenced operations on May 14, 2008; the Japanese Yen Fund commenced operations on May 21, 2008; the New Zealand Dollar Fund and South African Rand Fund commenced operations on June 25, 2008 and the Emerging Currency Fund commenced operations on May 6, 2009. As of March 30, 2010, the WisdomTree U.S. Short-Term Government Income Fund was closed and liquidated.

2. SIGNIFICANT ACCOUNTING POLICIES

The Financial Accounting Standards Board (“FASB”) established the FASB Accounting Standards Codification (“Codification”) as the single source of authoritative U.S. generally accepted accounting principles (“GAAP”) recognized by the FASB in the preparation of financial statements. The Codification supersedes existing non-SEC accounting and reporting standards. The Codification did not change GAAP but rather organized into a hierarchy where all guidance within the Codification carries an equal level of authority.

(a) Guarantees - In the normal course of business the Funds may enter into contracts that contain a variety of representations or that provide indemnification for certain liabilities. The Funds’ maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Funds that have not yet occurred. However, the Funds have not had prior claims or losses pursuant to these contracts and expect the risk of loss to be remote.

(b) Investment Valuation - The Net Asset Value (“NAV”) of each Fund’s shares is calculated each day the national securities exchanges are open for trading as of the close of regular trading on the New York Stock Exchange, generally 4:00 p.m. Eastern time. NAV per share is calculated by dividing a Fund’s net assets by the number of Fund shares outstanding. In calculating a Fund’s NAV, Fund investments generally are valued using market valuations. Short-term debt securities with remaining maturities of 60 days or less generally are valued on the basis of amortized cost which approximates fair value. U.S. fixed income assets may be valued as of the announced closing time for such securities on any day that the Securities Industry and Financial Markets Association announces an early closing time. Forward foreign currency contracts are valued daily using WM/Reuters closing spot and forward rates as of 4:00 p.m. London time for Europe and the Americas and Tullett Prebon closing spot and forward rates as of 2:00 p.m. Singapore time for Asia. The value of any assets or liabilities denominated in a currency other than the U.S. dollar is converted into U.S. dollars using an exchange rate deemed appropriate by the Fund. In certain instances, such as when reliable market valuations are not readily available or are not deemed to reflect current market values, a Fund’s investments will be valued in accordance with the Fund’s pricing policy and procedures approved by the Board of Trustees. For these purposes, a price based on amortized cost is considered a market valuation. Securities that may be valued using fair value pricing may include, but are not limited to, securities for which there are no current market quotations or whose issuer is in default or bankruptcy, securities subject to corporate actions (such as mergers or reorganizations), securities subject to non-U.S. investment limits or currency controls, and securities affected by “significant events.” An example of a significant event is an event occurring after the close of the market in which a security trades but before a Fund’s next NAV calculation time that may materially affect the value of a Fund’s investment (e.g., government action, natural disaster, or significant market fluctuation). When fair-value pricing is employed, the prices of securities used by a Fund to calculate its NAV may differ from quoted or published prices for the same securities. Transactions in Fund shares will be priced at NAV only if you purchase or redeem shares directly from a Fund in Creation Units, which are typically in blocks of 100,000 shares or more. Fund shares purchased or sold on a national securities exchange at market prices, which may be higher or lower than NAV. Each Fund may invest in money market funds which are valued at NAV.

(c) Fair Value Measurement - In accordance with FASB, Accounting Standards Codification (“ASC”) Topic 820, Fair Value Measurements and Disclosures, fair value is defined as the price that each Fund would receive upon selling an investment in an orderly transaction to an independent buyer in the principal or most advantageous market of the investment. ASC 820 established a three-tier hierarchy to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk - for example, the risk inherent in a particular valuation technique used to measure fair value (such as a pricing model) and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability.


Notes to Schedule of Investments (unaudited) (continued)

 

Unobservable inputs are based on the best information available in the circumstances. The three-tier hierarchy of inputs is summarized in the three broad levels listed below:

 

  Level 1 –   quoted prices in active markets for identical securities
  Level 2 –   other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)
  Level 3 –  

significant unobservable inputs (including each Fund’s assumptions in determining the fair value of

investments)

Investments that use Level 2 or Level 3 inputs may include, but are not limited to: (i) an unlisted security related to corporate actions; (ii) a restricted security (e.g., one that may not be publicly sold without registration under the Securities Act of 1933 as amended); (iii) a security whose trading has been suspended or which has been de-listed from its primary trading exchange; (iv) a security that is thinly traded; (v) a security in default or bankruptcy proceedings for which there is no current market quotation; (vi) a security affected by currency controls or restrictions; and (vii) a security affected by a significant event (e.g., an event that occurs after the close of the markets on which the security is traded but before the time as of which a Fund’s NAV is computed and that may materially affect the value of the Fund’s investments). The inputs or methodology used for valuation are not necessarily an indication of the risk associated with investing in those investments.

 


Notes to Schedule of Investments (unaudited) (continued)

 

The following is a summary of the inputs used as of May 31, 2010 in valuing each Fund’s assets carried at fair value:

 

Brazilian Real Fund

   Level 1    Level 2     Level 3

Investments in Securities

       

Corporate Bonds

   $             —      $ 20,604,041      $             —  

Money Market Fund

     —        178,275        —  

Repurchase Agreement

     —        41,748,200        —  

U.S. Government Agencies

     —        47,950,947        —  

U.S. Government Treasury

     —        39,091,906        —  
                     

Total

     —        149,573,369        —  

Unrealized Depreciation on Forward Foreign Currency Contracts

     —        (3,674,257     —  
                     

Total - Net

   $ —      $ 145,899,112      $ —  
                     

Chinese Yuan Fund

   Level 1    Level 2     Level 3

Investments in Securities

       

Corporate Bonds

   $ —      $ 33,527,448      $ —  

Money Market Fund

     —        811,208        —  

Repurchase Agreement

     —        223,410,916        —  

U.S. Government Agencies

     —        290,695,185        —  

U.S. Government Treasury

     —        226,948,999        —  
                     

Total

     —        775,393,756        —  

Unrealized Depreciation on Forward Foreign Currency Contracts

     —        (9,231,974     —  
                     

Total - Net

   $ —      $ 766,161,782      $ —  
                     

Emerging Currency Fund

   Level 1    Level 2     Level 3

Investments in Securities

       

Corporate Bonds

   $ —      $ 5,967,911      $ —  

Money Market Fund

     —        694,382        —  

Repurchase Agreement

     —        124,323,588        —  

U.S. Government Agencies

     —        209,593,471        —  

U.S. Government Treasury

     —        99,760,027        —  
                     

Total

        440,339,379     

Unrealized Depreciation on Forward Foreign Currency Contracts

     —        (16,582,652     —  
                     

Total - Net

   $ —      $ 423,756,727      $ —  
                     

Euro Fund

   Level 1    Level 2     Level 3

Investments in Securities

       

Corporate Bonds

   $ —      $ 1,792,574      $ —  

Foreign Government Obligations

     —        4,863,649        —  

Time Deposits

     —        6,102,737        —  
                     

Total

   $ —      $ 12,758,960      $ —  
                     

Indian Rupee Fund

   Level 1    Level 2     Level 3

Investments in Securities

       

Corporate Bonds

   $ —      $ 1,643,248      $ —  

Money Market Fund

     —        48,110        —  

Repurchase Agreement

     —        7,997,812        —  

U.S. Government Agencies

     —        12,808,906        —  

U.S. Government Treasury

     —        7,347,953        —  
                     

Total

     —        29,846,029        —  

Unrealized Depreciation on Forward Foreign Currency Contracts

     —        (1,342,620     —  
                     

Total - Net

   $ —      $ 28,503,409      $ —  
                     


Notes to Schedule of Investments (unaudited) (continued)

 

Japanese Yen Fund

   Level 1    Level 2     Level 3

Investments in Securities

       

Corporate Bonds

   $             —      $ 550,025      $             —  

Foreign Government Obligations

     —        2,528,833        —  

Repurchase Agreement

     —        2,510,467        —  

Time Deposits

     —        5,603,092        —  
                     

Total

   $ —      $ 11,192,417      $ —  
                     

New Zealand Dollar Fund

   Level 1    Level 2     Level 3

Investments in Securities

       

Corporate Bonds

   $ —      $ 1,063,015      $ —  

Money Market Fund

     —        25,873        —  

Repurchase Agreement

     —        4,980,794        —  

U.S. Government Agencies

     —        6,910,174        —  

U.S. Government Treasury

     —        4,548,825        —  
                     

Total

     —        17,528,681        —  

Unrealized Depreciation on Forward Foreign Currency Contracts

     —        (410,646     —  
                     

Total - Net

   $ —      $ 17,118,035      $ —  
                     

South African Rand Fund

   Level 1    Level 2     Level 3

Investments in Securities

       

Corporate Bonds

   $ —      $ 618,984      $ —  

Money Market Fund

     —        44,711        —  

Repurchase Agreement

     —        848,104        —  

U.S. Government Agencies

     —        3,619,683        —  

U.S. Government Treasury

     —        3,629,251        —  
                     

Total

     —        8,760,733        —  

Unrealized Depreciation on Forward Foreign Currency Contracts

     —        (380,444     —  
                     

Total - Net

   $ —      $ 8,380,289      $ —  
                     


Notes to Schedule of Investments (unaudited) (continued)

 

In January-2010, FASB issued Accounting Standards Update (“ASU”) No. 2010-06 “Improving Disclosures about Fair Value Measurements.” ASU 2010-06 will require reporting entities to make new disclosures about amounts and reasons for significant transfers in and out of Level 1 and Level 2 fair value measurements as well as inputs and valuation techniques used to measure fair value for both recurring and nonrecurring fair value measurements that fall in either Level 2 or Level 3, and information on purchases, sales, issuances and settlements on a gross basis in the reconciliation of activity in Level 3 fair value measurements. The new and revised disclosures are required to be implemented for fiscal years beginning after December 15, 2009, except for the disclosures surrounding purchases, sales, issuances and settlements on a gross basis in the reconciliation of Level 3 fair value measurements, which are effective for fiscal years beginning after December 15, 2010. Management is currently evaluating the impact the adoption of ASU No. 2010-06 may have on the Fund’s financial statement disclosures.

(d) Derivative and Hedging Disclosure - In accordance with FASB, Accounting Standards Codification (“ASC”) Topic 815, Derivates and Hedging, which requires qualitative disclosures about objectives and strategies for using derivatives, quantitative disclosures about fair value amounts of gains and losses on derivative instruments, and disclosures about credit-risk-related contingent features in derivative agreements. The application of this disclosure is effective for fiscal years beginning November 15, 2008 and interim periods within those fiscal years. The Funds that have invested in derivatives, specifically forward currency contracts during the period ended May 31, 2010, are detailed in the forward currency contract table in Note 2(h). The volume of derivatives that is presented in the forward foreign currency contracts table is consistent with the derivative activity during the period ended May 31, 2010. The Funds’ management is not aware of any credit-risk contingent feature on forward foreign currency contracts held by the Funds.

(e) Investment Transactions and Investment Income - Investment transactions are recorded as of the date that the securities are purchased or sold (trade date).

(f) Foreign Currency Translation - The accounting records of the Funds are maintained in U.S. dollars. Foreign currencies, as well as investment securities and other assets and liabilities denominated in foreign currencies, are translated into U.S. dollars using exchange rates deemed appropriate by the investment adviser.

(g) Repurchase Agreements - Each Fund’s custodian or a third party custodian under tri-party repurchase agreements may take possession of the collateral pledged for investments in repurchase agreements. The underlying collateral is valued on a daily basis at fair value to ensure that the value, including accrued interest, is at least equal to the repurchase price. In the event of default of the obligation to repurchase, a Fund has the right to liquidate the collateral and apply the proceeds in satisfaction of the obligations. Under certain circumstances, in the event of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings.

(h) Forward Currency Contracts - A forward foreign currency contract (“Forward Contract”) involves an obligation to purchase or sell a specific currency at a future date, which may be any fixed number of days from the date of the contract agreed upon by the parties, at a price set at the time of the contract. These contracts are principally traded in the inter-bank market conducted directly between currency traders (usually large, commercial banks) and their customers. A forward contract generally has no margin deposit requirement, and no commissions are charged at any stage for trades.

Risks may arise upon entering into forward contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of foreign currencies relative to the U.S. dollar or each other.

Fluctuations in the value of open forward contracts are recorded for book purposes as unrealized gains or losses on forward foreign currency contracts by the Funds. Realized gains and losses on forward contracts include net gains or losses recognized by the Funds on contracts which have matured. Each Fund may enter into forward contracts to manage its foreign currency exposure or to facilitate settlement of foreign currency denominated portfolio transactions. A Fund may invest in both forward currency contracts and U.S. dollar denominated money market securities in an attempt to create a “synthetic” investment in a foreign currency denominated instrument.


Notes to Schedule of Investments (unaudited) (continued)

 

The following forward contracts were open at May 31, 2010:

 

Fund Name

   Settlement Date         Contracts
To Deliver
        In
Exchange For
   Unrealized
Gain (Loss)
 

Brazilian Real Fund

   6/02/10    BRL    9,518,887    USD    5,285,334    $ (58,452
   6/02/10    BRL    66,632,208    USD    35,881,641      (1,528,350
   6/02/10    BRL    66,632,210    USD    35,904,845      (1,535,495
   6/02/10    BRL    66,632,208    USD    36,066,148      (1,396,524
   6/02/10    BRL    66,632,205    USD    35,920,326      (1,447,468
   7/02/10    USD    35,865,111    BRL    67,031,893      633,701   
   7/02/10    USD    35,888,155    BRL    67,031,895      610,658   
   7/02/10    USD    36,048,342    BRL    67,031,893      450,469   
   7/02/10    USD    35,901,607    BRL    67,031,890      597,204   
                       
                  $ (3,674,257 ) 
                       

Chinese Yuan Fund

   6/22/10    CNY    33,893,256    USD    4,973,697    $ (37,504
   6/22/10    CNY    67,786,511    USD    9,973,738      (37,016
   6/22/10    CNY    40,539,471    USD    5,957,307      (25,633
   6/22/10    CNY    33,850,652    USD    4,963,075      (27,071
   6/22/10    CNY    33,850,652    USD    4,965,623      (24,523
   6/22/10    CNY    33,850,652    USD    4,959,802      (30,343
   6/22/10    CNY    542,899,209    USD    79,545,672      (486,643
   6/22/10    USD    5,007,129    CNY    33,893,256      10,703   
   6/22/10    USD    69,966,351    CNY    474,616,743      (413,248
   6/22/10    USD    5,049,696    CNY    34,151,091      (44,996
   6/22/10    USD    5,035,612    CNY    34,131,375      (33,801
   8/18/10    USD    59,505,164    CNY    399,963,961      (790,510
   8/18/10    USD    15,170,488    CNY    102,104,970      (181,493
   8/18/10    USD    5,054,007    CNY    34,061,477      (53,786
   8/18/10    USD    5,052,882    CNY    34,061,477      (52,662
   8/18/10    USD    5,054,034    CNY    34,043,970      (56,383
   8/18/10    USD    5,053,283    CNY    34,043,970      (55,633
   8/18/10    USD    5,035,843    CNY    34,029,709      (40,286
   8/18/10    USD    5,034,445    CNY    34,022,780      (39,906
   8/18/10    USD    5,041,366    CNY    34,046,867      (43,291
   8/18/10    USD    5,021,940    CNY    34,008,577      (29,486
   8/18/10    USD    5,025,102    CNY    33,999,841      (33,930
   8/18/10    USD    5,028,534    CNY    33,995,401      (38,013
   8/18/10    USD    5,025,494    CNY    33,992,442      (35,408
   8/18/10    USD    5,023,987    CNY    33,994,808      (33,554
   8/18/10    USD    10,087,513    CNY    67,999,922      (105,133
   8/18/10    USD    15,116,363    CNY    101,974,987      (146,449
   10/13/10    USD    8,952,821    CNY    59,983,904      (125,446
   10/13/10    USD    50,664,598    CNY    339,908,788      (642,801
   10/13/10    USD    52,521,824    CNY    352,395,176      (662,500
   10/13/10    USD    5,056,491    CNY    33,886,077      (69,735
   10/13/10    USD    5,056,491    CNY    33,886,077      (69,735
   10/13/10    USD    10,124,299    CNY    67,842,925      (140,370
   10/13/10    USD    10,102,137    CNY    67,785,338      (126,683
   10/13/10    USD    5,162,186    CNY    34,633,106      (65,495
   12/21/10    USD    101,222,950    CNY    678,193,763      (1,157,665
   12/21/10    USD    5,055,582    CNY    33,710,623      (81,690
   12/21/10    USD    5,062,885    CNY    33,759,314      (81,808
   12/21/10    USD    5,055,297    CNY    33,794,663      (69,005
   12/21/10    USD    20,228,314    CNY    135,165,593      (285,070
   12/21/10    USD    5,052,376    CNY    33,765,029      (70,456
   12/21/10    USD    10,099,893    CNY    67,537,981      (134,883
   12/21/10    USD    10,274,496    CNY    68,741,516      (131,909
   12/21/10    USD    5,051,928    CNY    33,767,085      (69,704
   3/11/11    USD    9,445,958    CNY    62,744,778      (165,253
   3/11/11    USD    5,362,910    CNY    35,574,863      (100,961
   3/11/11    USD    5,041,863    CNY    33,604,018      (71,426
   3/11/11    USD    5,042,221    CNY    33,616,489      (69,939
   3/11/11    USD    5,038,029    CNY    33,643,957      (61,684
   3/11/11    USD    5,036,520    CNY    33,643,957      (60,176
   3/11/11    USD    20,172,259    CNY    134,266,558      (312,624
   3/11/11    USD    10,089,161    CNY    67,133,279      (159,344
   3/11/11    USD    20,249,490    CNY    134,314,867      (382,710
   3/11/11    USD    5,062,754    CNY    33,578,717      (96,059
   3/11/11    USD    10,126,272    CNY    67,157,433      (192,881
   3/11/11    USD    5,058,131    CNY    33,555,641      (94,849
   3/11/11    USD    5,058,512    CNY    33,555,641      (95,230
   3/11/11    USD    25,281,871    CNY    167,858,984      (453,513
   5/27/11    USD    79,893,831    CNY    538,564,315      (44,372
                       
                  $ (9,231,974 ) 
                       


Notes to Schedule of Investments (unaudited) (continued)

 

Emerging Currency Fund    6/02/10    BRL    360,173    USD    193,745    $ (10,492)   
   6/02/10    BRL    720,346    USD    400,860      (12,882
   6/02/10    BRL    360,173    USD    201,118      (3,119
   6/02/10    BRL    360,152    USD    191,826      (12,335
   6/02/10    BRL    17,467,391    USD    9,406,242      (399,738
   6/02/10    BRL    17,467,391    USD    9,412,324      (393,655
   6/02/10    BRL    17,467,391    USD    9,454,609      (351,370
   6/02/10    BRL    17,467,391    USD    9,416,383      (374,634
   7/02/10    USD    9,404,455    BRL    17,576,926      166,167   
   7/02/10    USD    9,410,497    BRL    17,576,926      160,125   
   7/02/10    USD    9,452,501    BRL    17,576,926      118,121   
   7/02/10    USD    9,414,025    BRL    17,576,926      156,597   
   7/02/10    USD    195,648    BRL    359,209      (59
   8/02/10    CLP    105,761,571    USD    197,316      (5,837
   8/02/10    CLP    211,523,142    USD    399,590      (9,941
   8/02/10    CLP    105,761,571    USD    199,165      (3,988
   8/02/10    CLP    105,748,928    USD    194,320      (8,750
   8/02/10    CNY    1,368,829    USD    201,165      (1,805
   8/02/10    CNY    2,737,659    USD    403,963      (2,218
   8/02/10    CNY    1,368,829    USD    202,190      (779
   8/02/10    CNY    1,368,954    USD    201,006      (2,012
   8/02/10    ILS    756,129    USD    199,086      (3,250
   8/02/10    ILS    1,512,258    USD    402,512      (4,091
   8/02/10    ILS    756,129    USD    200,847      (1,489
   8/02/10    ILS    756,147    USD    197,938      (4,062
   8/02/10    INR    9,072,907    USD    197,495      (5,934
   8/02/10    INR    18,145,815    USD    401,279      (5,123
   8/02/10    INR    9,072,907    USD    200,418      (3,011
   8/02/10    INR    9,159,632    USD    193,978      (11,257
   8/02/10    KRW    225,553,953    USD    194,779      (8,039
   8/02/10    KRW    451,107,907    USD    397,627      (8,542
   8/02/10    KRW    225,553,953    USD    198,202      (4,616
   8/02/10    KRW    225,829,491    USD    183,601      (20,198
   8/02/10    MXN    2,501,350    USD    190,355      (12,990
   8/02/10    MXN    5,002,701    USD    395,650      (8,966
   8/02/10    MXN    2,501,350    USD    197,701      (5,644
   8/02/10    MXN    2,503,163    USD    190,783      (11,037
   8/02/10    PLN    594,215    USD    179,584      (21,351
   8/02/10    PLN    1,188,431    USD    378,066      (22,788
   8/02/10    PLN    594,215    USD    186,681      (14,253
   8/02/10    PLN    591,166    USD    179,465      (18,435
   8/02/10    TRY    306,207    USD    191,931      (10,546
   8/02/10    TRY    612,415    USD    395,591      (10,762
   8/02/10    TRY    306,207    USD    196,646      (2,860
   8/02/10    TRY    304,629    USD    190,667      (9,997
   8/02/10    TWD    6,263,333    USD    198,899      (3,340
   8/02/10    TWD    12,526,667    USD    400,725      (2,970
   8/02/10    TWD    6,263,333    USD    200,106      (2,132
   8/02/10    TWD    6,263,988    USD    195,719      (6,430
   8/02/10    USD    38,789,763    CLP    20,199,769,172      (564,306
   8/02/10    USD    822    CLP    424,357      (19
   8/02/10    USD    202,871    CLP    106,040,791      (2,203
   8/02/10    USD    191,671    CLP    102,937,146      3,124   
   8/02/10    USD    193,052    CLP    106,120,592      7,768   
   8/02/10    USD    201,080    CLP    106,129,971      (243
   8/02/10    USD    38,770,866    CNY    261,431,948      (424,557
   8/02/10    USD    1,455    CNY    9,809      (17
   8/02/10    USD    203,765    CNY    1,373,373      (2,321
   8/02/10    USD    203,263    CNY    1,379,138      (974
   8/02/10    USD    203,494    CNY    1,382,739      (676
   8/02/10    USD    203,975    CNY    1,390,088      (79
   8/02/10    USD    38,580,049    ILS    144,416,697      (906,860
   8/02/10    USD    664    ILS    2,469      (20
   8/02/10    USD    202,010    ILS    757,634      (4,370
   8/02/10    USD    201,309    ILS    757,902      (3,599
   8/02/10    USD    197,332    ILS    757,975      397   
   8/02/10    USD    197,651    ILS    757,586      (24
   8/02/10    USD    19,310,019    INR    861,806,170      (874,261
   8/02/10    USD    19,506,513    INR    870,965,802      (874,812
   8/02/10    USD    881    INR    39,321      (40
   8/02/10    USD    203,266    INR    9,100,211      (8,594
   8/02/10    USD    565,247    INR    25,950,491      (10,114
   8/02/10    USD    194,212    INR    9,106,582      596   
   8/02/10    USD    194,723    INR    9,101,332      (27
   8/02/10    USD    19,336,521    KRW    21,426,799,163      (1,415,061
   8/02/10    USD    19,552,672    KRW    21,652,628,654      (1,442,326
   8/02/10    USD    624    KRW    692,626      (44
   8/02/10    USD    202,114    KRW    225,963,178      (13,117
   8/02/10    USD    241,643    KRW    279,074,055      (8,225
   8/02/10    USD    188,892    KRW    225,763,693      (62
   8/02/10    USD    188,876    KRW    225,773,355      (39


Notes to Schedule of Investments (unaudited) (continued)

 

   8/02/10    USD    38,519,019    MXN    477,751,398      (1,653,210
   8/02/10    USD    297    MXN    3,666      (14
   8/02/10    USD    199,303    MXN    2,502,438      (6,202
   8/02/10    USD    223,945    MXN    2,858,763      (3,348
   8/02/10    USD    188,314    MXN    2,497,534      4,409   
   8/02/10    USD    192,434    MXN    2,493,266      (41
   8/02/10    USD    37,994,349    PLN    113,496,720      (3,785,223
   8/02/10    USD    323    PLN    957      (34
   8/02/10    USD    192,695    PLN    594,810      (13,413
   8/02/10    USD    175,090    PLN    593,855      3,905   
   8/02/10    USD    178,764    PLN    593,165      23   
   8/02/10    USD    38,526,761    TRY    58,487,476      (1,555,001
   8/02/10    USD    202,306    TRY    305,948      (8,907
   8/02/10    USD    188,676    TRY    304,711      3,942   
   8/02/10    USD    192,169    TRY    303,915      (55
   8/02/10    USD    19,200,371    TWD    594,961,908      (470,136
   8/02/10    USD    19,413,171    TWD    601,225,897      (485,736
   8/02/10    USD    2,332    TWD    72,361      (54
   8/02/10    USD    202,614    TWD    6,299,264      (4,304
   8/02/10    USD    200,265    TWD    6,318,366      (1,354
   8/02/10    USD    198,805    TWD    6,335,917      659   
   8/02/10    USD    199,900    TWD    6,354,817      159   
   8/02/10    USD    38,961,807    ZAR    292,821,360      (806,497
   8/02/10    USD    282    ZAR    2,105      (7
   8/02/10    USD    199,312    ZAR    1,533,453      501   
   8/02/10    USD    248,118    ZAR    1,900,258      (509
   8/02/10    USD    188,732    ZAR    1,527,640      10,323   
   8/02/10    USD    198,490    ZAR    1,523,339      5   
   8/02/10    ZAR    1,533,118    USD    195,919      (8,291
   8/02/10    ZAR    3,066,237    USD    403,702      (6,708
   8/02/10    ZAR    1,533,118    USD    199,931      (4,279
   8/02/10    ZAR    1,534,973    USD    192,806      (11,433
                       
                  $ (16,582,652 ) 
                       

Indian Rupee Fund

   8/02/10    INR    117,865,724    USD    2,606,495    $ (34,457
   8/02/10    USD    15,838,619    INR    707,194,346      (710,317
   8/02/10    USD    13,204,764    INR    589,328,622      (597,846
                       
                  $ (1,342,620 ) 
                       

New Zealand Dollar Fund

   6/16/10    USD    8,780,442    NZD    12,651,843    $ (206,512
   6/16/10    USD    8,778,064    NZD    12,651,843      (204,134
                       
                  $ (410,646 ) 
                       

South African Rand Fund

   8/02/10    USD    8,522,165    ZAR    64,049,180    $ (176,406
   8/02/10    USD    42,299    ZAR    325,079      60   
   8/02/10    ZAR    21,458,086    USD    2,651,041      (204,098
                       
                  $ (380,444 ) 
                       

Currency Legend:

BRL - Brazilian real

CLP - Chilean peso

CNY - Chinese yuan

ILS - Israeli new shekel

INR - Indian rupee

KRW - South Korean won

MXN - Mexican peso

NZD - New Zealand dollar

PLN - Polish zloty

TRY - Turkish new lira

TWD - New Taiwan dollar

USD - U.S. dollar

ZAR - South African rand


Notes to Schedule of Investments (unaudited) (concluded)

 

(i) Short-Term Investments - Each Fund may invest a portion of its assets in high-quality money market instruments on an ongoing basis to provide liquidity or for other reasons. The instruments include short-term obligations issued by the U.S. Government, its agencies, non-U.S. Government, agencies, negotiable certificates of deposit (“CDs”), fixed time deposits and bankers’ acceptances of U.S. and foreign banks and similar institutions, commercial papers, repurchase agreements and money market funds. CDs are short-term negotiable obligations of commercial banks. Time deposits are non-negotiable deposits maintained at a banking institution for a specified period of time at specified interest rate. Banker’s acceptances are time drafts drawn on commercial banks by borrowers, usually in connection with international transactions.

3. FEDERAL INCOME TAXES

At May 31, 2010, the cost of investments for Federal income tax purposes was substantially the same, as for book purposes, as indicated below:

 

Fund

   Tax Cost    Gross  Unrealized
Appreciation
   Gross  Unrealized
Depreciation
    Net  Unrealized
Appreciation/
(Depreciation)
 

Brazilian Real Fund

   $ 149,565,202    $ 12,477    $ (4,310   $ 8,167   

Chinese Yuan Fund

     775,361,588      45,489      (13,321     32,168   

Emerging Currency Fund

     440,321,735      22,458      (4,814     17,644   

Euro Fund

     13,292,137      54,934      (588,111     (533,177

Indian Rupee Fund

     29,845,800      1,259      (1,030     229   

Japanese Yen Fund

     11,176,328      52,808      (36,719     16,089   

New Zealand Dollar Fund

     17,528,050      941      (310     631   

South African Rand Fund

     8,760,453      512      (232     280   

4. SUBSEQUENT EVENT

In accordance with GAAP provisions, management of the Funds has evaluated the possibility of subsequent events existing through, the date this report was issued. Management has determined that there are no material events that would require disclosure in the Funds’ report as of May 31, 2010.


Item 2. Controls and Procedures.

 

  (a) Based on their evaluation of the Registrant’s disclosure controls and procedures (as defined in Rule 30a-3 (c) under the Investment Company Act of 1940) as of a date within 90 days prior to the filing date of this report, the President and Treasurer of the Registrant have concluded that such disclosure controls and procedures are reasonably designed and effective to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known to them by others within those entities.

 

  (b) There were no changes in the Registrant’s internal control over financial reporting (as defined in Rule 30a-3 (d) under the Investment Company Act of 1940) that occurred during the Registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.

 

Item 3. Exhibits.

 

  (i) Certification of each principal executive officer and principal financial officer the Registrant as required by Rule 30a-2 (a) under the Investment Company Act of 1940 (17 CFR 270.30a-2) is attached hereto as a part of EX-99. CERT.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant)     WisdomTree Trust

By:   /S/    JONATHAN L. STEINBERG        
  Jonathan L. Steinberg
  President
Date: July 30, 2010
By:   /S/    AMIT MUNI        
  Amit Muni
  Treasurer

Date: July 30, 2010

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

 

By:   /S/    JONATHAN L. STEINBERG        
  Jonathan L. Steinberg
  President

Date: July 30, 2010

By:   /S/    AMIT MUNI        
  Amit Muni
  Treasurer

Date: July 30, 2010