DLN

About DLN

The Fund employs a “passive management” – or indexing– investment approach designed to track the performance of the Index. The Fund generally uses a representative sampling strategyto achieve its investment objective, meaning it generally will invest in a sample of the securities in the Index whose risk, return andother characteristics resemble the risk, return and other characteristics of the Index as a whole. Under normal circumstances, at least95% of the Fund’s total assets (exclusive of collateral held from securities lending) will be invested in constituent securitiesof the Index and investments that have economic characteristics that are substantially identical to the economic characteristics of suchconstituent securities. The Index is a fundamentally weighted index that is comprised ofthe large-capitalization segment of the U.S. dividend-paying market. The Index is comprised of the 300 largest companies ranked by marketcapitalization from the WisdomTree U.S. Dividend Index, which defines the dividend-paying universe of companies in the U.S. stock market.As of June 30, 2024, the Index had a market capitalization range from $10.5 billion to $3.4 trillion, with an average market capitalizationof $122.5 billion. To be eligible for inclusion in the Index, a company must meet the following criteria as of the annual Index screeningdate: (i) payment of regular cash dividends on shares of common stock during the preceding 12 months; (ii) market capitalization of atleast $100 million; and (iii) median daily dollar trading volume of at least $100,000 for the preceding three months. The Index is dividend weighted annually to reflect the proportionateshare of the aggregate cash dividends each constituent company is projected to pay in the coming year, based on the most recently declareddividend per share, a measure of fundamental value. Generally, companies projected to pay more dividends are more heavily weighted. On the Index’s annual screening date, the Index caps the weightof constituents exposed to a single sector (except for the real estate sector) at 25%. The weight of constituents exposed to the realestate sector is capped at 10%. The Index also may adjust the weight of individual constituents on the annual screening date based oncertain quantitative thresholds or limits tied to key metrics of a constituent security, such as its market capitalization and tradingvolume. To the extent the Index reduces an individual constituent’s weight, the excess weight will be reallocated pro rata amongthe other constituents. Similarly, if the Index increases a constituent’s weight, the weight of the other constituents will bereduced on a pro rata basis to contribute the weight needed for such increase. The weight of a sector or individual constituent in theIndex may fluctuate above or below specified caps and thresholds, respectively, between screening dates in response to market conditions. WisdomTree, Inc. (“WisdomTree”),the Index Provider and parent company of WisdomTree Asset Management, Inc. (“WisdomTree Asset Management” or the “Adviser”),currently uses the Global Industry Classification Standard (GICS®),a widely recognized industry classification methodology developed by MSCI, Inc. and Standard & Poor’s Financial Services LLC,to identify the extent of the Index’s exposure to a particular sector or industry. A GICS sector typically is comprised of multipleindustries. Because the Fund seeks to track the Index, it is expected to have the same sector and industry exposure as the Index. Whilethe Index’s and the Fund’s sector exposure may vary from time to time, as of June 30, 2024, the Index had significant exposure(e.g., approximately 15% or more of the Index’s total weight) to the Information Technology and Financials Sectors. Tothe extent the Index’s constituents are concentrated (i.e., holds more than 25% of constituents) in the securities of companiesassigned to a particular industry or group of industries, the Fund will seek to concentrate its investments in such industry or groupof industries to approximately the same extent as the Index.