WisdomTree Moving to Monthly Payouts For U.S. Dividend ETFs

WisdomTree (NASDAQ:WETF), the only publicly traded pure play ETF provider, said today four more of its U.S.-focused dividend ETFs will begin paying monthly dividends later this month.

The WisdomTree Total Dividend Fund (NYSE:DTD), the WisdomTree LargeCap Dividend Fund (NYSE:DLN), the WisdomTree MidCap Dividend Fund (NYSE:DON) and the WisdomTree SmallCap Dividend Fund (NYSE:DES) will make their first monthly distribution on ex-date November 26, according to a statement issued by NewYork-based WisdomTree.

In July, the $1.1 billion WisdomTree Dividend ex-Financials Fund (NYSE:DTN) and the $569.5 million WisdomTree Equity Income Fund (NYSE:DHS) began paying monthly dividends.

Combined, the WisdomTree Total Dividend Fund, the WisdomTree LargeCap Dividend Fund, the WisdomTree MidCap Dividend Fund and the WisdomTree SmallCap Dividend Fund have about $2.3 billion in assets under management.

WisdomTree already features monthly dividends on five of its bond ETFs, including the actively managed WisdomTree Emerging Markets Local Debt Fund (NYSE:ELD) and the WisdomTree Emerging Markets Corporate Bond Fund (NASDAQ:EMCB).

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