WisdomTree Core Laddered Municipal Fund (WTMU)

The WisdomTree Core Laddered Municipal Fund is a municipal bond fund from WisdomTree that invests in tax-exempt bonds issued by U.S. states, cities and other public entities.

The fund structures its holdings as a ladder, spreading investments across bonds that mature in a series of different years, which helps manage interest rate risk and provides a steady roll of maturing securities. It focuses on core, investment-grade municipal debt whose interest is generally exempt from federal income tax.

WisdomTree, based in New York, sponsors the fund as part of its fixed income lineup.