WisdomTree High Income Laddered Municipal Fund (WTMY)

The WisdomTree High Income Laddered Municipal Fund is a municipal bond fund from WisdomTree that seeks tax-exempt income by investing in bonds issued by U.S. states, municipalities and public agencies.

The fund arranges its holdings in a laddered maturity structure, spreading bonds across a sequence of maturity years. Compared with a core municipal portfolio, it emphasizes higher-income securities, which may include lower-rated or non-rated municipal bonds that carry greater credit risk. Interest from its holdings is generally exempt from federal income tax.

WisdomTree is a New York-based ETF sponsor.