WisdomTree High Income Laddered Municipal Fund (WTMY)
WisdomTree High Income Laddered Municipal Fund operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $23.99, down 0.66% on the session, giving a market capitalisation of $4.9M. Its beta of 0.15 implies it has historically moved less than the broad market.
The WisdomTree High Income Laddered Municipal Fund is a strategically managed exchange-traded fund (ETF) designed to deliver a substantial stream of current income, free from federal income tax obligations. It achieves this by implementing a laddered maturity investment strategy. The fund allocates capital across both investment-grade and higher-yielding municipal debt, targeting an average interest rate duration between five and ten years. Its holdings primarily consist of municipal bonds slated to mature or become callable/tenderable within a 15-year timeframe.
WisdomTree High Income Laddered Municipal Fund is most often compared with the following Financial Services names: