Fund Evaluator:
WisdomTree Floating Rate Trsy Dgtl N/A (FLTTX)
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Fund Details
WisdomTree Floating Rate Trsy Dgtl N/A Overview
WisdomTree Floating Rate Trsy Dgtl N/A (FLTTX) is a passively managed Taxable Bond Ultrashort Bond fund. WisdomTree launched the fund in 2023.
The investment seeks to track the performance, before fees and expenses, of Solactive U.S. Treasury Floating Rate Bond Index designed to measure the performance of floating rate bonds of the U.S. Treasury. Under normal circumstances, at least 80% of the fund’s net assets, plus the amount of any borrowings for investment purposes, will be invested in component securities of the index, which is comprised of floating rate treasuries. The index is maintained by Solactive AG and is designed to measure the performance of floating rate public obligations of the U.S. Treasury.
About WisdomTree Floating Rate Trsy Dgtl N/A (FLTTX)
There are 3 members of the management team with an average tenure of 3.53 years: Brian Timberlake (2023), Anuranjan Sharma (2023), Andrew Higley (2023). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Bloomberg US Agg Bond TR USD index with a weighting of 100% and Solactive U.S. Tsry Ftng Rt Bnd TR USD index with a weighting of 100%. WisdomTree Floating Rate Trsy Dgtl N/A has 9 securities in its portfolio. The top 10 holdings constitute 100.0% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
WisdomTree Floating Rate Trsy Dgtl N/A is part of the Fixed Income global asset class and is within the Taxable Bond fund group. WisdomTree Floating Rate Trsy Dgtl N/A has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.6%. There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 87.4% (87.4% domestic bond, 0.0% foreign bond and 0.0% convertible bond). WisdomTree Floating Rate Trsy Dgtl N/A has 12.0% of the portfolio in cash.
Assets Under Management
The fund has $1 million in total assets, which is below the $950 million average for the Ultrashort Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
FLTTX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The WisdomTree Floating Rate Trsy Dgtl N/A expense ratio is low compared to funds in the Ultrashort Bond category. WisdomTree Floating Rate Trsy Dgtl N/A has an expense ratio of 0.05%, which is 89% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. WisdomTree Floating Rate Trsy Dgtl N/A has a portfolio turnover rate of 68%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 77% for the Ultrashort Bond category.
Recently, in the month of July 2026, WisdomTree Floating Rate Trsy Dgtl N/A returned 0.0%, which earned it a grade of F, as the Ultrashort Bond category had an average return of 0.3%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
WisdomTree Floating Rate Trsy Dgtl N/A has a trailing yield of 4.11%, which is below the 4.21% category average. The fund normally distributes its income quarterly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
WisdomTree Floating Rate Trsy Dgtl N/A Grades
Year to date, the fund has returned 2.0%, 0.1 percentage points worse than the category, which translates into a grade of D. The fund has returned 3.7% over the past year (grade of F) and 4.6% over the past three years (grade of F).
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FLTTX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FLTTX Return (NAV) | 0.0% | 0.6% | 3.7% | 4.6% | na | na |
| FLTTX Grade | F | F | F | F | na | na |
| +/- Category | -0.3% | -0.3% | -0.5% | -0.5% | na | na |
| Ultrashort Bond Avg | 0.3% | 0.9% | 4.1% | 5.2% | 3.6% | 2.7% |
| FLTTX Tax Cost Ratio | na | na | 1.7% | 1.9% | na | na |
FLTTX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FLTTX Return (NAV) | 2.0% | 4.3% | 5.4% | na | na | na | na | na | na | na | na |
| FLTTX Grade | D | F | D | na | na | na | na | na | na | na | na |
| +/- Category | -0.1% | -0.5% | -0.4% | na | na | na | na | na | na | na | na |
| Ultrashort Bond Avg | 2.1% | 4.9% | 5.9% | 5.9% | -0.2% | 0.1% | 1.5% | 3.1% | 1.7% | 1.6% | 1.5% |
| Risk Measures | |
| Standard Deviation: | 0.3% |
| Total Risk Index: | 0.03 - Low |
| Category Risk Index: | 0.57 - Low |
| Category Risk Grade: | A (14% Rank) |
| Beta: | 0.00 |
| R-Squared: | 1% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | na |
| Yield: | 4.1% |
| Dividend Distribution: | Quarterly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $1 Mil |
| Fund Total Assets: | $ 2 Mil |
| Share Class Type: | Other |
| Portfolio Turnover: | 68% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 3.5 years | |||
| Average Tenure: 3.5 years | |||
| Managers (Year): Timberlake Brian (2023), Sharma Anuranjan (2023), Higley Andrew (2023) | |||
Portfolio Composition (as of 7/30/26)
| # of Holdings: | 9 |
| % in Top 10 Holdings: | 100.0% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 0.6% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 87.4% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 12.0% |
Purchase Information
| Fund Family: | WisdomTree |
| Phone Number: | 866-909-9473 |
| Website: |
| Status: | Open |
| Inception Date: | January 18, 2023 |
| Min. Initial Purchase: | $ 25 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.05% ( Rating : Low ) |
| Category Average Expense Ratio (%): | 0.45% |
| Share Class: | WisdomTree Floating Rate Trsy Dgtl N/A |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
