WisdomTree Cloud Computing Fund NCSR Certified annual shareholder report (management investment company)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number 811-21864

WisdomTree Trust

(Exact name of registrant as specified in charter)

380 Madison Avenue, 21^st Floor

New York, NY 10017

(Address of principal executive offices) (Zip code)

The Corporation Trust Company

1209 Orange Street

Wilmington, DE 19801

(Name and address of agent for service)

Registrant’s telephone number, including area code: (866)-909-9473

Date of fiscal year end: March 31

Date of reporting period: March 31, 2012

Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

Item 1. Report(s) to Stockholders.

The Trust’s annual report transmitted to shareholders pursuant to Rule 30e-1 under the Investment Company Act of 1940 is as follows:

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WisdomTree Trust

Domestic Dividend Funds

Annual Report

March 31, 2012

WisdomTree Total Dividend Fund (DTD)

WisdomTree Equity Income Fund (DHS)

WisdomTree LargeCap Dividend Fund (DLN)

WisdomTree Dividend ex-Financials Fund (DTN)

WisdomTree MidCap Dividend Fund (DON)

WisdomTree SmallCap Dividend Fund (DES)

Table of Contents


Management’s Discussion of Funds’ Performance (unaudited)			1
Performance Summaries (unaudited)			3
Description of Indexes (unaudited)			9
Shareholder Expense Examples (unaudited)			10
Schedules of Investments
WisdomTree Total Dividend Fund			12
WisdomTree Equity Income Fund			23
WisdomTree LargeCap Dividend Fund			28
WisdomTree Dividend ex-Financials Fund			32
WisdomTree MidCap Dividend Fund			34
WisdomTree SmallCap Dividend Fund			39
Statements of Assets and Liabilities			47
Statements of Operations			48
Statements of Changes in Net Assets			49
Financial Highlights			51
Notes to Financial Statements			54
Report of Independent Registered Public Accounting Firm			63
Approval of Investment Advisory and Sub-Advisory Agreement (unaudited)			64
Frequency Distribution of Discounts & Premiums (unaudited)			65
Trustees and Officers Information (unaudited)			67
Supplemental Information (unaudited)			69
General Information (unaudited)			70

“WisdomTree” is a registered mark of WisdomTree Investments, Inc. and is licensed for use by the WisdomTree Trust.

Management’s Discussion of Funds’ Performance

(unaudited)

Market Environment Overview

The U.S. equity market, as measured by the S&P 500 Index, returned 8.54% for the 12-month period ended March 31, 2012 (the “period”). After bottoming in March of 2009, the S&P 500 recorded its third straight year of gains. Measured from March 31, 2009 through March 31, 2012, the three year cumulative total return on the S&P 500 Index was 87.99%. This represents a substantial recovery in the equity market as earnings and dividend levels reached and surpassed previous records.

While the overall return for the period was positive, it was marked by several bouts of volatility. Investors had to deal with events domestically and abroad that impacted the U.S. market: as the S&P 500 Index fell for the first six months of the period and turned around significantly in the second half of the period.

Much of the volatility experienced in the market revolved around concerns over a debt crisis in the developed world. At home in the United States, politicians squabbled over raising the U.S. debt ceiling in the summer of 2011. After the market close on Friday, August 5, 2011, Standard & Poor’s downgraded the U.S. government from its AAA rating — the highest credit quality rating one can achieve — due to escalating debt levels, large deficits, and the lack of a coherent plan from U.S. politicians attacking these fiscal issues. The following Monday, the S&P 500 closed down 6.65% and many market participants shifted assets away from equities and risky assets to perceived safe havens. Paradoxically, there was a flight to the very bonds that were downgraded as many believed the problems in other parts of the world, such as Europe, were worse than those in the United States.

WisdomTree Funds’ Performance Overview

By the end of September 2011, investors had experienced market uncertainty due to the European debt crisis intensifying. This resulted in the worst quarterly performance for the S&P 500 since 2008 (down 13.87%). To support the economy and credit markets, on September 21, 2011, the Federal Reserve announced “Operation Twist,” which attempted to push down long-term interest rates by shifting the balance of the Treasury’s securities holdings towards longer-term securities and selling shorter-term investments. These Federal Reserve actions, known as a form of quantitative easing, or “QE”, helped support an environment in which many investors were willing to take on more risk. From September 22, 2011, the market rose more than 26% until the end of March 2012, erasing the negative effects of the previous volatility and leaving the U.S. market, as measured by the S&P 500 Index, up 8.54% for the period.

The following table reflects the WisdomTree Funds’ performance versus their capitalization-weighted benchmark indexes:


Ticker	WisdomTree Fund	1-Year NAV Return			Cap-Weighted Benchmark	1-Year Return			Difference
DTD	WisdomTree Total Dividend Fund		11.81	%	Russell 3000^® Index		7.18	%		4.63	%
DHS	WisdomTree Equity Income Fund		14.66	%	Russell 1000^® Value Index		4.79	%		9.87	%
DLN	WisdomTree LargeCap Dividend Fund		12.82	%	S&P 500^® Index		8.54	%		4.28	%
DTN	WisdomTree Dividend ex-Financials Fund		12.99	%	Dow Jones U.S. Select Dividend Index^SM		11.75	%		1.24	%
DON	WisdomTree MidCap Dividend Fund		6.99	%	S&P MidCap 400^® Index		1.98	%		5.01	%
DES	WisdomTree SmallCap Dividend Fund		4.50	%	Russell 2000^® Index		-0.18	%		4.68	%

With all the volatility in the markets during the period, it may not be a surprise that equities considered to be more defensive in nature, such as large cap stocks, or dividend paying stocks fared better than mid cap and small cap stocks and more growth oriented strategies. While the S&P 500 Index was up 8.54%, the Russell 2000 Index, an index of small cap U.S. equities, experienced a decline of -0.18%.

WisdomTree’s dividend weighted Funds are designed to track indexes based on the dividend stream generated by the companies included in the underlying WisdomTree


WisdomTree Domestic Dividend Funds			1

Management’s Discussion of Funds’ Performance

(unaudited) (concluded)

Index. The dividend stream is defined as the sum of the dollar value of dividends indicated to be paid by each company. There are two primary factors that drive performance differentials of the WisdomTree Funds and Indexes versus market cap-weighted benchmarks. The first is aggregate exposure to one or more sectors. The second is stock selection within each sector. Both of these are determined as part of WisdomTree’s rules-based index methodology. These exposures are not subjectively determined. Rather, they are objectively determined at the Index rebalancing dates based on the dividend stream.

Five of the ten sectors represented within the S&P 500 Index experienced positive performance over the period. The best performing sector over the period was the Information Technology sector. This was spurred by a lively initial public offering market and by earnings strength from some of its biggest components, such as Apple, Google, and IBM. Also, the more defensive sectors outpaced the market, such as Health Care, Consumer Staples, and Utilities. The Energy sector was the worst performing sector for the period, followed by Materials, as the commodities markets experienced a selloff over the period. Financials also lagged the broader market as questions arose about exposures to the European sovereign debt crisis.

The WisdomTree LargeCap Dividend Fund delivered a return of 12.82%, which was more than 4 percentage points ahead of the S&P 500 Index. This Fund, representative of the broader dividend approach, benefited from its focus on dividend paying stocks in the Utilities, Health Care, and Consumer Staples sectors. It also benefited from being underweight financial stocks, many of which had cut their dividends during the crisis and were therefore underweight in the Fund.

The performance of each WisdomTree Fund compared to its cap-weighted benchmarks was favorable for each Fund in the domestic dividend family over the period. This can be partially explained because the Consumer Staples sector experienced strong gains throughout the period. During the period, this sector was more heavily represented in WisdomTree Funds than in their corresponding cap-weighted benchmarks due to this sector’s relatively higher contributions to the dividend stream.

While the WisdomTree Domestic Dividend Funds outperformed their cap-weighted benchmarks for the period, there was a notable sector exposure that created relative drag on performance. The Information Technology sector experienced strong gains during the period. This sector has historically had relatively low dividend payers, which meant that cap-weighted benchmarks were relatively overweight this sector compared to the WisdomTree Dividend Funds during the period.

The WisdomTree Equity Income Fund outperformed its cap-weighted benchmark significantly over the period primarily because it was relatively overweight the Consumer Staples sector, which experienced positive gains over the period as a defensive sector. Additionally, the Fund was significantly underweight Financials, which lagged the broader market for the period.

Fund returns are shown at NAV. Please see Performance Summaries on the subsequent pages for more complete performance information. Please see page 9 for the list of index descriptions.

Fund performance assumes reinvestment of dividends and capital gain distributions. An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore index returns do not reflect deductions for fees or expenses and are not available for direct investment. In comparison, the Funds’ performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Past performance is no guarantee of future results. For the most recent month end performance information visit www.wisdomtree.com.


2		WisdomTree Domestic Dividend Funds

Performance Summary (unaudited)

WisdomTree Total Dividend Fund (DTD)

Sector Breakdown† as of 3/31/12‡


Financials			16.7%
Consumer Staples			14.5%
Industrials			11.3%
Health Care			10.6%
Information Technology			9.9%
Energy			9.2%
Consumer Discretionary			8.2%
Utilities			6.6%
Telecommunication Services			6.2%
Materials			4.8%
Other			2.0%

†	The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time.

‡	A sector may be comprised of several industries.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
AT&T, Inc.		3.5%
Exxon Mobil Corp.		3.1%
Microsoft Corp.		2.6%
General Electric Co.		2.4%
Chevron Corp.		2.2%
Pfizer, Inc.		2.1%
Johnson & Johnson		2.0%
Philip Morris International, Inc.		2.0%
Procter & Gamble Co. (The)		1.9%
Verizon Communications, Inc.		1.8%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree Total Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Dividend Index.

The Fund returned 11.81% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in the Consumer Staples sector. The Fund’s position in the Energy sector created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of a Fund’s portfolio securities.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and the index is not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. As of the Fund’s current prospectus dated July 29, 2011, the Fund’s annual expense ratio was 0.28%.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree Dividend Index			Russell 3000^® Index			Russell 3000^® Value Index
One Year		11.81	%		11.79	%		12.22	%		7.18	%		4.30	%
Three Year		25.56	%		25.45	%		26.40	%		24.26	%		23.03	%
Five Year		1.40	%		1.42	%		2.04	%		2.18	%		-0.75	%
Since Inception¹		3.96	%		3.95	%		4.45	%		4.47	%		2.34	%

¹	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

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Performance is historical and does not guarantee future results. Current performance may be lower or higher than quoted. Investment returns and the principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Performance data for the most recent month-end is available at www.wisdomtree.com. WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.


WisdomTree Domestic Dividend Funds			3

Performance Summary (unaudited)

WisdomTree Equity Income Fund (DHS)

Sector Breakdown† as of 3/31/12‡


Health Care			18.1%
Consumer Staples			15.8%
Telecommunication Services			13.5%
Utilities			13.2%
Financials			12.4%
Industrials			8.5%
Materials			5.5%
Information Technology			4.5%
Energy			4.0%
Consumer Discretionary			1.4%
Other			3.1%

†	The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time.

‡	A sector may be comprised of several industries.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
AT&T, Inc.		7.7%
General Electric Co.		5.3%
Pfizer, Inc.		4.6%
Johnson & Johnson		4.5%
Philip Morris International, Inc.		4.4%
Procter & Gamble Co. (The)		4.2%
Verizon Communications, Inc.		3.9%
Merck & Co., Inc.		3.8%
Intel Corp.		3.6%
ConocoPhillips		2.7%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree Equity Income Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Equity Income Index.

The Fund returned 14.66% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in the Consumer Staples sector. The Fund’s position in the Energy sector created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree Equity Income Index			Russell 1000^® Value Index
One Year		14.66	%		14.65	%		15.17	%		4.79	%
Three Year		29.76	%		29.77	%		30.43	%		22.82	%
Five Year		-0.91	%		-0.89	%		-0.55	%		-0.81	%
Since Inception¹		2.12	%		2.14	%		2.42	%		2.29	%

¹	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

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4		WisdomTree Domestic Dividend Funds

Performance Summary (unaudited)

WisdomTree LargeCap Dividend Fund (DLN)

Sector Breakdown† as of 3/31/12‡


Consumer Staples			16.6%
Financials			12.7%
Health Care			12.2%
Industrials			11.4%
Information Technology			10.9%
Energy			10.6%
Consumer Discretionary			7.8%
Telecommunication Services			6.8%
Utilities			5.8%
Materials			4.4%
Other			0.8%

†	The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time.

‡	A sector may be comprised of several industries.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
AT&T, Inc.		4.0%
Exxon Mobil Corp.		3.6%
Microsoft Corp.		3.1%
General Electric Co.		2.8%
Chevron Corp.		2.5%
Pfizer, Inc.		2.4%
Johnson & Johnson		2.4%
Philip Morris International, Inc.		2.3%
Procter & Gamble Co. (The)		2.2%
Verizon Communications, Inc.		2.1%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree LargeCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree LargeCap Dividend Index.

The Fund returned 12.82% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in the Consumer Staples sector. The Fund’s position in the Materials sector created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree LargeCap Dividend Index			S&P 500^® Index			Russell 1000^® Value Index
One Year		12.82	%		12.80	%		13.15	%		8.54	%		4.79	%
Three Year		24.54	%		24.48	%		25.07	%		23.42	%		22.82	%
Five Year		1.20	%		1.18	%		1.66	%		2.01	%		-0.81	%
Since Inception¹		3.77	%		3.73	%		4.16	%		4.25	%		2.29	%

¹	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

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WisdomTree Domestic Dividend Funds			5

Performance Summary (unaudited)

WisdomTree Dividend ex-FinancialsFund (DTN)

Sector Breakdown† as of 3/31/12‡


Utilities			12.3%
Consumer Staples			12.2%
Materials			11.4%
Industrials			10.6%
Telecommunication Services			10.3%
Information Technology			9.9%
Health Care			9.8%
Consumer Discretionary			9.3%
Energy			8.9%
Other			5.3%

†	The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time.

‡	A sector may be comprised of several industries.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
Frontier Communications Corp.		3.0%
Southern Copper Corp.		2.7%
Windstream Corp.		2.4%
CenturyLink, Inc.		2.3%
AT&T, Inc.		1.7%
Avon Products, Inc.		1.7%
Altria Group, Inc.		1.6%
Lockheed Martin Corp.		1.6%
Lorillard, Inc.		1.5%
Reynolds American, Inc.		1.5%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree Dividend ex-Financials Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Dividend ex-Financials Index.

The Fund returned 12.99% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in the Consumer Staples sector. The Fund’s performance also benefited because it excludes investments in the Financials sector, which had negative returns for the period. The Fund’s position in the Telecommunication Services sector created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree Dividend Top 100/ Dividend ex-Financials Spliced Index¹			Dow Jones U.S. Select Dividend Index^SM
One Year		12.99	%		13.00	%		13.46	%		11.75	%
Three Year		31.84	%		31.82	%		32.55	%		26.39	%
Five Year		2.25	%		2.25	%		2.76	%		-0.12	%
Since Inception²		5.35	%		5.35	%		5.75	%		2.75	%

¹	WisdomTree Dividend Top 100 Index through May 7, 2009; WisdomTree Dividend ex-Financials Index thereafter.

²	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

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6		WisdomTree Domestic Dividend Funds

Performance Summary (unaudited)

WisdomTree MidCap Dividend Fund (DON)

Sector Breakdown† as of 3/31/12‡


Financials			35.7%
Utilities			13.5%
Consumer Discretionary			11.2%
Industrials			10.0%
Materials			8.1%
Information Technology			3.9%
Telecommunication Services			3.3%
Consumer Staples			2.5%
Energy			2.1%
Health Care			1.6%
Other			8.1%

†	The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time.

‡	A sector may be comprised of several industries.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
Frontier Communications Corp.		1.9%
Windstream Corp.		1.6%
New York Community Bancorp, Inc.		1.5%
Kimco Realty Corp.		1.2%
Ares Capital Corp.		1.0%
Plum Creek Timber Co., Inc.		1.0%
Cincinnati Financial Corp.		0.9%
NiSource, Inc.		0.9%
Pitney Bowes, Inc.		0.9%
Hospitality Properties Trust		0.8%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree MidCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree MidCap Dividend Index.

The Fund returned 6.99% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in the Utilities sector. The Fund’s position in the Energy sector created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree MidCap Dividend Index			S&P MidCap 400^® Index			Russell MidCap Value^® Index
One Year		6.99	%		7.04	%		7.34	%		1.98	%		2.28	%
Three Year		31.77	%		31.70	%		32.51	%		28.55	%		29.18	%
Five Year		2.70	%		2.72	%		2.58	%		4.78	%		1.26	%
Since Inception¹		5.25	%		5.35	%		5.12	%		6.77	%		4.41	%

¹	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

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WisdomTree Domestic Dividend Funds			7

Performance Summary (unaudited)

WisdomTree SmallCap Dividend Fund (DES)

Sector Breakdown† as of 3/31/12‡


Financials			49.4%
Industrials			11.0%
Consumer Discretionary			9.1%
Utilities			4.8%
Materials			4.8%
Information Technology			4.4%
Consumer Staples			3.6%
Health Care			1.9%
Telecommunication Services			1.7%
Energy			1.0%
Other			8.3%

†	The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time.

‡	A sector may be comprised of several industries.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
Apollo Investment Corp.		1.9%
CommonWealth REIT		1.4%
Prospect Capital Corp.		1.2%
Corporate Office Properties Trust		1.0%
Vector Group Ltd.		1.0%
Healthcare Realty Trust, Inc.		0.9%
Brandywine Realty Trust		0.8%
WisdomTree MidCap Dividend Fund		0.8%
TAL International Group, Inc.		0.7%
Lexington Realty Trust		0.7%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree SmallCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree SmallCap Dividend Index.

The Fund returned 4.50% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in the Financials sector. The Fund’s position in the Energy sector created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree SmallCap Dividend Index			Russell 2000^® Index			Russell 2000^® Value Index
One Year		4.50	%		4.78	%		4.74	%		-0.18	%		-1.07	%
Three Year		31.58	%		31.44	%		32.13	%		26.90	%		25.36	%
Five Year		0.95	%		1.04	%		1.16	%		2.13	%		0.01	%
Since Inception¹		3.57	%		3.60	%		3.65	%		4.59	%		2.97	%

¹	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

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8		WisdomTree Domestic Dividend Funds

Description of Indexes (unaudited)

Below are descriptions of each Index referenced in this Report:

The WisdomTree Dividend Index defines the dividend-paying portion of the U.S. stock market.

The WisdomTree LargeCap Dividend Index measures the performance of the large-capitalization segment of the U.S. dividend-paying market, selected from the WisdomTree Dividend Index.

The WisdomTree MidCap Dividend Index measures the performance of the mid-capitalization segment of the U.S. dividend-paying market, selected from the WisdomTree Dividend Index.

The WisdomTree SmallCap Dividend Index measures the performance of the small-capitalization segment of the U.S. dividend-paying market, selected from the WisdomTree Dividend Index.

The WisdomTree Equity Income Index measures the performance of companies with high dividend yields, selected from the WisdomTree Dividend Index.

The WisdomTree Dividend ex-Financials Index measures the performance of high dividend-yielding stocks outside the financial sector.

The WisdomTree Dividend Top 100 Index measures the performance of the 100 highest dividend-yielding companies in the WisdomTree LargeCap Dividend Index.

The S&P 500^® Index is a capitalization-weighted index of 500 stocks selected by Standard & Poor’s Index Committee, designed to represent the performance of the leading industries in the United States economy.

The S&P MidCap 400^® Index is a capitalization-weighted index that measures the performance of the mid-capitalization range of the U.S. stock market, with stocks selected by the Standard & Poor’s Index Committee.

The Russell 2000^® Index is a capitalization-weighted index that measures the performance of the smallest 2,000 securities in the Russell 3000 Index, based on total market capitalization.

The Russell 3000^® Index is a capitalization-weighted index that measures the performance of the 3,000 largest U.S. companies, based on total market capitalization.

The Russell 1000^® Value Index is a capitalization-weighted index that measures the performance of the large-capitalization value segment of the U.S. equity universe, selecting from the Russell 1000 Index.

The Russell 2000^® Value Index is a capitalization weighted index that measures the small-capitalization value segment of the U.S. equity universe, selecting from the Russell 2000 Index.

The Russell 3000^® Value Index is a capitalization weighted index that measures the performance of the value sector of the broad U.S. equity market. The index is a subset of the Russell 3000 Index and consists of those companies or portion of a company, with lower price-to-book ratios and lower forecasted growth within the Russell 3000 Index.

The Russell MidCap Value^® Index is a capitalization weighted index that measures the mid-capitalization value segment of the U.S. equity universe, selecting from the Russell Midcap Index.

The Dow Jones U.S. Select Dividend Index^SM measures the performance of 100 U.S. dividend-paying companies.

Index performance information assumes the reinvestment of net dividends and excludes management fees, transaction costs and expenses. You cannot directly invest in an index.


WisdomTree Domestic Dividend Funds			9

Shareholder Expense Examples (unaudited)

As a shareholder of a WisdomTree Fund, you incur two types of costs: (1) transaction costs, including brokerage commissions on purchases and sales of your Fund shares and (2) ongoing costs, including management fees and other Fund expenses. The following example is intended to help you understand your ongoing costs (in dollars and cents) of investing in a Fund and to compare these costs with the ongoing costs of investing in other funds.

The example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period from October 1, 2011 to March 31, 2012.

Actual expenses

The first line under each Fund in the table on the next page provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line for your Fund under the heading entitled “Expenses Paid During the Period 10/01/11 to 3/31/12” to estimate the expenses you paid on your account during this period.

Hypothetical example for comparison purposes

The second line under each Fund in the table on the next page provides information about hypothetical account values and hypothetical expenses based on each Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in your Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.

Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as brokerage commissions paid on purchases and sales of Fund shares. Therefore, the second line under each Fund in the table is useful in comparing ongoing Fund costs only and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.


10		WisdomTree Domestic Dividend Funds

Shareholder Expense Examples (unaudited) (concluded)


	Beginning Account Value 10/01/11		Ending Account Value 3/31/12		Annualized Expense Ratio Based on the Period 10/01/11 to 3/31/12	Expenses Paid During the Period† 10/01/11 to 3/31/12
WisdomTree Total Dividend Fund
Actual	$	1,000.00	$	1,226.80	0.28%	$	1.56
Hypothetical (5% return before expenses)	$	1,000.00	$	1,023.60	0.28%	$	1.42
WisdomTree Equity Income Fund
Actual	$	1,000.00	$	1,184.80	0.38%	$	2.08
Hypothetical (5% return before expenses)	$	1,000.00	$	1,023.10	0.38%	$	1.92
WisdomTree LargeCap Dividend Fund
Actual	$	1,000.00	$	1,225.10	0.28%	$	1.56
Hypothetical (5% return before expenses)	$	1,000.00	$	1,023.60	0.28%	$	1.42
WisdomTree Dividend ex-Financials Fund
Actual	$	1,000.00	$	1,190.80	0.38%	$	2.08
Hypothetical (5% return before expenses)	$	1,000.00	$	1,023.10	0.38%	$	1.92
WisdomTree MidCap Dividend Fund
Actual	$	1,000.00	$	1,235.90	0.38%	$	2.12
Hypothetical (5% return before expenses)	$	1,000.00	$	1,023.10	0.38%	$	1.92
WisdomTree SmallCap Dividend Fund
Actual	$	1,000.00	$	1,263.60	0.38%	$	2.15
Hypothetical (5% return before expenses)	$	1,000.00	$	1,023.10	0.38%	$	1.92

†	Expenses are calculated using each Fund’s annualized expense ratio, multiplied by the average account value for the period, multiplied by 183/366 (to reflect the one-half year period).


WisdomTree Domestic Dividend Funds			11

Schedule of Investments

WisdomTree Total Dividend Fund (DTD)

March 31, 2012


Investments	Shares		Value

UNITED STATES – 101.6%
COMMON STOCKS – 99.6%
Advertising – 0.1%
Harte-Hanks, Inc.		2,479	$	22,435
Interpublic Group of Cos., Inc. (The)		8,602		98,149
Omnicom Group, Inc.^(a)		4,683		237,194

Total Advertising				357,778
Aerospace/Defense – 2.4%
Alliant Techsystems, Inc.		208		10,425
Boeing Co. (The)		14,125		1,050,476
Curtiss-Wright Corp.		488		18,061
General Dynamics Corp.		8,017		588,288
Goodrich Corp.		952		119,419
Kaman Corp.		858		29,129
L-3 Communications Holdings, Inc.		2,094		148,192
Lockheed Martin Corp.		12,936		1,162,429
Northrop Grumman Corp.		7,235		441,914
Raytheon Co.		10,242		540,573
Rockwell Collins, Inc.		2,097		120,703
United Technologies Corp.		18,348		1,521,783

Total Aerospace/Defense				5,751,392
Agriculture – 4.0%
Altria Group, Inc.		88,999		2,747,399
Archer-Daniels-Midland Co.		12,816		405,755
Lorillard, Inc.		4,856		628,755
Philip Morris International, Inc.		54,265		4,808,422
Reynolds American, Inc.		24,391		1,010,763
Universal Corp.		1,000		46,600
Vector Group Ltd.^(a)		6,274		111,175

Total Agriculture				9,758,869
Apparel – 0.5%
Cherokee, Inc.		1,128		12,848
Coach, Inc.		3,310		255,797
Columbia Sportswear Co.^(a)		547		25,955
Jones Group, Inc. (The)		1,548		19,443
NIKE, Inc. Class B		4,360		472,798
Ralph Lauren Corp.		256		44,628
VF Corp.		1,916		279,698
Wolverine World Wide, Inc.		767		28,517

Total Apparel				1,139,684
Auto Manufacturers – 0.1%
PACCAR, Inc.		5,391		252,461
Auto Parts & Equipment – 0.2%
Cooper Tire & Rubber Co.		1,732		26,361
Douglas Dynamics, Inc.		952		13,090
Johnson Controls, Inc.		12,690		412,172
Lear Corp.		984		45,746
Superior Industries International, Inc.		1,341		26,203

Total Auto Parts & Equipment				523,572
Banks – 6.1%
1st Source Corp.		1,195		29,242
Arrow Financial Corp.		976		23,814
Associated Banc-Corp.		1,096		15,300

BancFirst Corp.		541	$	23,566
BancorpSouth, Inc.		1,089		14,669
Bank of America Corp.		59,456		568,994
Bank of Hawaii Corp.		1,391		67,255
Bank of New York Mellon Corp. (The)		24,676		595,432
Bank of the Ozarks, Inc.		549		17,162
BB&T Corp.		14,551		456,756
BOK Financial Corp.^(a)		1,004		56,505
Capital One Financial Corp.		1,655		92,250
Cathay General Bancorp		769		13,611
Chemical Financial Corp.		1,213		28,433
Citigroup, Inc.		3,428		125,293
City Holding Co.		747		25,936
City National Corp.		747		39,195
Comerica, Inc.		1,754		56,759
Commerce Bancshares, Inc.		1,717		69,573
Community Bank System, Inc.		1,379		39,688
Community Trust Bancorp, Inc.		912		29,248
Cullen/Frost Bankers, Inc.		1,690		98,341
CVB Financial Corp.		3,649		42,839
East West Bancorp, Inc.		1,228		28,355
FNB Corp.		5,757		69,545
Fifth Third Bancorp		17,803		250,132
First Busey Corp.		2,756		13,615
First Commonwealth Financial Corp.		1,832		11,212
First Financial Bancorp		3,223		55,758
First Financial Bankshares, Inc.^(a)		814		28,661
First Financial Corp.		585		18,574
FirstMerit Corp.		4,070		68,620
Fulton Financial Corp.		3,778		39,669
Glacier Bancorp, Inc.		3,151		47,076
Goldman Sachs Group, Inc. (The)		5,631		700,327
Hancock Holding Co.		2,030		72,085
Hudson Valley Holding Corp.		806		13,001
Huntington Bancshares, Inc.		19,510		125,839
Iberiabank Corp.		709		37,910
Independent Bank Corp.		656		18,847
International Bancshares Corp.		1,682		35,574
JPMorgan Chase & Co.		91,371		4,201,239
KeyCorp		11,542		98,107
M&T Bank Corp.		3,570		310,162
MB Financial, Inc.		812		17,044
Morgan Stanley		19,849		389,834
National Penn Bancshares, Inc.		2,987		26,435
NBT Bancorp, Inc.		1,369		30,227
Northern Trust Corp.		5,152		244,462
Old National Bancorp		2,755		36,201
PacWest Bancorp		1,314		31,930
Park National Corp.^(a)		938		64,881
Penns Woods Bancorp, Inc.^(a)		429		17,538
PNC Financial Services Group, Inc.		9,751		628,842
Prosperity Bancshares, Inc.		804		36,823
Regions Financial Corp.		15,379		101,348
Renasant Corp.		1,207		19,650

See Notes to Financial Statements.


12		WisdomTree Domestic Dividend Funds

Schedule of Investments (continued)

WisdomTree Total Dividend Fund (DTD)

March 31, 2012


Investments	Shares		Value

S&T Bancorp, Inc.^(a)		841	$	18,241
S.Y. Bancorp, Inc.		1,007		23,362
State Street Corp.		6,606		300,573
SunTrust Banks, Inc.		5,858		141,588
Susquehanna Bancshares, Inc.		2,486		24,562
Synovus Financial Corp.^(a)		21,066		43,185
TCF Financial Corp.^(a)		3,020		35,908
Tompkins Financial Corp.^(a)		426		17,066
TrustCo Bank Corp.^(a)		6,708		38,303
Trustmark Corp.		1,845		46,088
U.S. Bancorp		26,774		848,200
UMB Financial Corp.		1,027		45,943
Umpqua Holdings Corp.		2,475		33,561
United Bankshares, Inc.^(a)		2,006		57,893
Univest Corp. of Pennsylvania		1,207		20,253
Valley National Bancorp^(a)		7,600		98,420
Washington Trust Bancorp, Inc.		563		13,591
Webster Financial Corp.		947		21,468
Wells Fargo & Co.		72,902		2,488,874
WesBanco, Inc.		1,090		21,953
Westamerica Bancorp.		650		31,200

Total Banks				14,789,616
Beverages – 2.9%
Beam, Inc.		1,734		101,560
Brown-Forman Corp. Class A		811		66,064
Brown-Forman Corp. Class B		1,218		101,569
Coca-Cola Co. (The)		48,905		3,619,459
Coca-Cola Enterprises, Inc.		4,940		141,284
Dr. Pepper Snapple Group, Inc.		5,478		220,271
Molson Coors Brewing Co. Class B		3,663		165,751
PepsiCo, Inc.		38,820		2,575,707

Total Beverages				6,991,665
Biotechnology – 0.4%
Amgen, Inc.		12,278		834,781
PDL BioPharma, Inc.		10,622		67,450

Total Biotechnology				902,231
Building Materials – 0.1%
Eagle Materials, Inc.		620		21,545
Lennox International, Inc.		837		33,731
Martin Marietta Materials, Inc.^(a)		745		63,794
Masco Corp.		9,475		126,681
Simpson Manufacturing Co., Inc.		641		20,672

Total Building Materials				266,423
Chemicals – 2.5%
A. Schulman, Inc.		453		12,240
Air Products & Chemicals, Inc.		4,557		418,333
Airgas, Inc.		1,004		89,326
Albemarle Corp.		1,000		63,920
Ashland, Inc.		837		51,107
Cabot Corp.		796		33,973
Celanese Corp. Series A		575		26,553
CF Industries Holdings, Inc.		565		103,197

Cytec Industries, Inc.		432	$	26,261
Dow Chemical Co. (The)		35,087		1,215,414
E.I. du Pont de Nemours & Co.		26,823		1,418,937
Eastman Chemical Co.		2,898		149,798
Ecolab, Inc.		2,334		144,054
FMC Corp.		403		42,662
H.B. Fuller Co.		746		24,491
Huntsman Corp.		9,403		131,736
Innophos Holdings, Inc.		225		11,277
International Flavors & Fragrances, Inc.		1,321		77,411
Kronos Worldwide, Inc.^(a)		3,157		78,736
Monsanto Co.		7,432		592,776
Mosaic Co. (The)		1,384		76,521
NewMarket Corp.		116		21,738
Olin Corp.		2,956		64,293
PolyOne Corp.		1,529		22,018
PPG Industries, Inc.		3,035		290,753
Praxair, Inc.		4,518		517,944
RPM International, Inc.		3,317		86,872
Sensient Technologies Corp.		715		27,170
Sherwin-Williams Co. (The)		1,401		152,247
Sigma-Aldrich Corp.		989		72,256
Valhi, Inc.		608		32,254
Valspar Corp.		1,177		56,837
Westlake Chemical Corp.		130		8,423

Total Chemicals				6,141,528
Coal – 0.1%
Arch Coal, Inc.		6,344		67,944
Consol Energy, Inc.		2,271		77,441
Peabody Energy Corp.		2,319		67,158
Walter Energy, Inc.		1,078		63,829

Total Coal				276,372
Commercial Services – 1.3%
ABM Industries, Inc.		1,272		30,910
Advance America, Cash Advance Centers, Inc.		2,758		28,931
Automatic Data Processing, Inc.		11,603		640,370
Brink’s Co. (The)		675		16,112
Corporate Executive Board Co. (The)		535		23,010
Deluxe Corp.		2,170		50,821
DeVry, Inc.		481		16,291
Electro Rent Corp.		1,178		21,687
Equifax, Inc.		1,774		78,517
H&R Block, Inc.		9,244		152,249
Healthcare Services Group, Inc.		2,544		54,111
Insperity, Inc.		678		20,774
Intersections, Inc.		1,410		18,020
Iron Mountain, Inc.		4,527		130,378
Landauer, Inc.		438		23,223
Lender Processing Services, Inc.		1,734		45,084
Lincoln Educational Services Corp.		1,308		10,346
Manpower, Inc.		1,122		53,149
Mastercard, Inc. Class A		164		68,968
McGrath Rentcorp		1,010		32,431

See Notes to Financial Statements.


WisdomTree Domestic Dividend Funds			13

Schedule of Investments (continued)

WisdomTree Total Dividend Fund (DTD)

March 31, 2012


Investments	Shares		Value

Moody’s Corp.		2,906	$	122,343
Paychex, Inc.		12,270		380,247
Quad Graphics, Inc.^(a)		1,711		23,783
R.R. Donnelley & Sons Co.^(a)		10,061		124,656
Rent-A-Center, Inc.		806		30,426
Robert Half International, Inc.		2,420		73,326
Rollins, Inc.		2,030		43,198
SEI Investments Co.		1,362		28,180
Service Corp. International		3,918		44,117
Sotheby’s		611		24,037
Strayer Education, Inc.^(a)		398		37,523
Total System Services, Inc.		2,842		65,565
Towers Watson & Co. Class A		283		18,698
Visa, Inc. Class A		3,560		420,080
Weight Watchers International, Inc.^(a)		725		55,963
Western Union Co. (The)		8,726		153,578

Total Commercial Services				3,161,102
Computers – 1.7%
Computer Sciences Corp.		3,573		106,976
Diebold, Inc.		2,414		92,987
DST Systems, Inc.		429		23,265
Hewlett-Packard Co.		27,715		660,448
International Business Machines Corp.		14,504		3,026,260
j2 Global, Inc.^(a)		1,255		35,993
Jack Henry & Associates, Inc.		1,111		37,907
Lexmark International, Inc. Class A^(a)		1,665		55,345
MTS Systems Corp.		430		22,829

Total Computers				4,062,010
Cosmetics/Personal Care – 2.4%
Avon Products, Inc.		17,204		333,069
Colgate-Palmolive Co.		9,668		945,337
Estee Lauder Cos., Inc. (The) Class A		1,876		116,200
Procter & Gamble Co. (The)		68,211		4,584,461

Total Cosmetics/Personal Care				5,979,067
Distribution/Wholesale – 0.3%
Fastenal Co.		3,267		176,745
Genuine Parts Co.		3,777		237,007
Owens & Minor, Inc.		1,825		55,498
Pool Corp.		1,188		44,455
United Stationers, Inc.		704		21,845
W.W. Grainger, Inc.		823		176,789
Watsco, Inc.		854		63,230

Total Distribution/Wholesale				775,569
Diversified Financial Services – 1.8%
American Express Co.		13,709		793,203
Ameriprise Financial, Inc.		3,529		201,612
Artio Global Investors, Inc.		2,985		14,238
BGC Partners, Inc. Class A		9,166		67,737
BlackRock, Inc.		3,389		694,406
CBOE Holdings, Inc.		1,260		35,809
Charles Schwab Corp. (The)		20,844		299,528
CME Group, Inc.		1,151		333,019

Cohen & Steers, Inc.		1,111	$	35,441
Discover Financial Services		4,203		140,128
Eaton Vance Corp.^(a)		3,003		85,826
Evercore Partners, Inc. Class A		800		23,256
Federated Investors, Inc. Class B^(a)		5,323		119,288
Franklin Resources, Inc.		1,752		217,301
GFI Group, Inc.		5,588		21,011
Greenhill & Co., Inc.		1,157		50,492
Horizon Technology Finance Corp.		946		15,713
Interactive Brokers Group, Inc. Class A		1,258		21,386
Janus Capital Group, Inc.		5,332		47,508
Jefferies Group, Inc.		3,630		68,389
Legg Mason, Inc.		1,446		40,387
Medley Capital Corp.		1,857		20,928
Nelnet, Inc. Class A		649		16,816
NYSE Euronext		9,309		279,363
Raymond James Financial, Inc.		1,839		67,179
SLM Corp.		10,844		170,901
T. Rowe Price Group, Inc.		4,611		301,098
TD Ameritrade Holding Corp.		6,453		127,382
Waddell & Reed Financial, Inc. Class A		2,035		65,954
Walter Investment Management Corp.		2,042		46,047

Total Diversified Financial Services				4,421,346
Electric – 5.8%
ALLETE, Inc.		1,461		60,617
Alliant Energy Corp.		3,523		152,616
Ameren Corp.		9,415		306,741
American Electric Power Co., Inc.		17,935		691,932
Avista Corp.		2,039		52,158
Black Hills Corp.		1,263		42,348
Central Vermont Public Service Corp.		496		17,459
CH Energy Group, Inc.		579		38,637
Cleco Corp.		1,447		57,374
CMS Energy Corp.		7,959		175,098
Consolidated Edison, Inc.		9,161		535,186
Dominion Resources, Inc.		17,084		874,872
DTE Energy Co.		5,925		326,053
Duke Energy Corp.		48,792		1,025,120
Edison International		8,368		355,724
Entergy Corp.		6,355		427,056
Exelon Corp.		28,606		1,121,641
FirstEnergy Corp.		16,021		730,397
Great Plains Energy, Inc.		4,408		89,350
Hawaiian Electric Industries, Inc.		3,692		93,592
IDACORP, Inc.		1,204		49,508
Integrys Energy Group, Inc.		3,255		172,482
ITC Holdings Corp.		821		63,168
MDU Resources Group, Inc.		4,605		103,106
MGE Energy, Inc.		770		34,180
National Fuel Gas Co.		1,734		83,440
NextEra Energy, Inc.		12,518		764,599
Northeast Utilities		4,317		160,247
NorthWestern Corp.		1,410		49,999
NSTAR		2,924		142,194

See Notes to Financial Statements.


14		WisdomTree Domestic Dividend Funds

Schedule of Investments (continued)

WisdomTree Total Dividend Fund (DTD)

March 31, 2012


Investments	Shares		Value

NV Energy, Inc.		6,414	$	103,394
OGE Energy Corp.		2,189		117,112
Otter Tail Corp.^(a)		1,377		29,881
Pepco Holdings, Inc.		9,793		184,990
PG&E Corp.		13,703		594,847
Pinnacle West Capital Corp.		3,890		186,331
PNM Resources, Inc.		2,031		37,167
Portland General Electric Co.		2,813		70,269
PPL Corp.		21,569		609,540
Progress Energy, Inc.		10,295		546,767
Public Service Enterprise Group, Inc.		17,090		523,125
SCANA Corp.^(a)		4,387		200,091
Southern Co. (The)		28,153		1,264,914
TECO Energy, Inc.		7,926		139,101
UIL Holdings Corp.		2,181		75,812
Unisource Energy Corp.		1,211		44,286
Unitil Corp.		681		18,271
Westar Energy, Inc.		4,383		122,417
Wisconsin Energy Corp.		5,410		190,324
Xcel Energy, Inc.		15,140		400,756

Total Electric				14,256,289
Electrical Components & Equipment – 0.5%
Acuity Brands, Inc.		534		33,551
AMETEK, Inc.		940		45,599
Emerson Electric Co.		18,732		977,436
Hubbell, Inc. Class B		1,188		93,353
Littelfuse, Inc.		400		25,080
Molex, Inc.		2,016		56,690
Molex, Inc. Class A		3,409		79,941

Total Electrical Components & Equipment				1,311,650
Electronics – 0.6%
American Science & Engineering, Inc.		266		17,835
Amphenol Corp. Class A		1,156		69,094
AVX Corp.		2,353		31,201
Brady Corp. Class A		1,119		36,200
FLIR Systems, Inc.		1,030		26,069
Gentex Corp.		2,057		50,397
Honeywell International, Inc.		16,885		1,030,829
Jabil Circuit, Inc.		2,746		68,980
National Instruments Corp.		1,909		54,445
PerkinElmer, Inc.		1,579		43,675
Woodward, Inc.		398		17,046

Total Electronics				1,445,771
Energy-Alternate Sources – 0.0%
FutureFuel Corp.		1,369		15,032
Engineering & Construction – 0.1%
Fluor Corp.		1,362		81,774
Granite Construction, Inc.		570		16,382
KBR, Inc.		1,249		44,402

Total Engineering & Construction				142,558
Entertainment – 0.1%
Cinemark Holdings, Inc.		4,462		97,941

International Game Technology		3,468	$	58,228
National CineMedia, Inc.		3,477		53,198
Regal Entertainment Group Class A^(a)		6,871		93,446
Speedway Motorsports, Inc.		1,321		24,676
Vail Resorts, Inc.		485		20,976

Total Entertainment				348,465
Environmental Control – 0.4%
Covanta Holding Corp.		2,547		41,338
Mine Safety Appliances Co.		1,111		45,640
Republic Services, Inc.		8,728		266,728
U.S. Ecology, Inc.		745		16,196
Waste Connections, Inc.		788		25,634
Waste Management, Inc.		14,991		524,085

Total Environmental Control				919,621
Food – 2.5%
B&G Foods, Inc.		1,828		41,148
Campbell Soup Co.		8,796		297,745
ConAgra Foods, Inc.		12,195		320,241
Corn Products International, Inc.		928		53,499
Flowers Foods, Inc.		3,847		78,363
General Mills, Inc.		15,176		598,693
H.J. Heinz Co.		8,965		480,076
Harris Teeter Supermarkets, Inc.		805		32,280
Hershey Co. (The)		3,007		184,419
Hormel Foods Corp.		4,266		125,932
J.M. Smucker Co. (The)		2,190		178,178
Kellogg Co.		9,825		526,915
Kraft Foods, Inc. Class A		42,874		1,629,641
Kroger Co. (The)		9,151		221,729
Lancaster Colony Corp.		549		36,487
McCormick & Co., Inc.		2,348		127,802
Safeway, Inc.^(a)		7,656		154,728
Sanderson Farms, Inc.^(a)		318		16,863
Sara Lee Corp.		11,820		254,485
Snyders-Lance, Inc.		1,768		45,703
SUPERVALU, Inc.^(a)		8,871		50,653
Sysco Corp.		16,744		499,976
Tyson Foods, Inc. Class A		1,918		36,730
Weis Markets, Inc.		853		37,191
Whole Foods Market, Inc.		1,112		92,518

Total Food				6,121,995
Forest Products & Paper – 0.2%
International Paper Co.		12,404		435,380
MeadWestvaco Corp.		4,233		133,721
PH Glatfelter Co.		1,098		17,326

Total Forest Products & Paper				586,427
Gas – 0.7%
AGL Resources, Inc.		2,779		108,992
Atmos Energy Corp.		2,621		82,457
CenterPoint Energy, Inc.		13,886		273,832
Chesapeake Utilities Corp.		162		6,661
Laclede Group, Inc. (The)		907		35,391

See Notes to Financial Statements.


WisdomTree Domestic Dividend Funds			15

Schedule of Investments (continued)

WisdomTree Total Dividend Fund (DTD)

March 31, 2012


Investments	Shares		Value

New Jersey Resources Corp.		1,100	$	49,027
NiSource, Inc.		8,588		209,118
Northwest Natural Gas Co.		720		32,688
Piedmont Natural Gas Co., Inc.^(a)		2,114		65,682
Questar Corp.		4,580		88,211
Sempra Energy		6,036		361,919
South Jersey Industries, Inc.		752		37,630
Southwest Gas Corp.		848		36,244
UGI Corp.		3,354		91,396
Vectren Corp.		3,188		92,643
WGL Holdings, Inc.		1,566		63,736

Total Gas				1,635,627
Hand/Machine Tools – 0.2%
Kennametal, Inc.		1,278		56,909
Lincoln Electric Holdings, Inc.		1,458		66,077
Regal-Beloit Corp.		553		36,249
Snap-On, Inc.		1,248		76,091
Stanley Black & Decker, Inc.		3,368		259,201

Total Hand/Machine Tools				494,527
Healthcare-Products – 1.1%
Baxter International, Inc.		11,885		710,485
Becton Dickinson and Co.		4,113		319,374
C.R. Bard, Inc.		623		61,503
DENTSPLY International, Inc.		752		30,178
Hill-Rom Holdings, Inc.		800		26,728
Medtronic, Inc.		22,116		866,726
Meridian Bioscience, Inc.		1,726		33,450
Patterson Cos., Inc.		1,217		40,648
St. Jude Medical, Inc.		5,602		248,225
STERIS Corp.		737		23,304
Stryker Corp.		4,442		246,442
Techne Corp.		536		37,574
Teleflex, Inc.		822		50,265
West Pharmaceutical Services, Inc.		461		19,606

Total Healthcare-Products				2,714,508
Healthcare-Services – 0.6%
Aetna, Inc.		3,884		194,821
Humana, Inc.		1,384		127,992
Lincare Holdings, Inc.		2,321		60,067
National Healthcare Corp.		419		19,090
Quest Diagnostics, Inc.		1,219		74,542
UnitedHealth Group, Inc.		11,205		660,423
WellPoint, Inc.		3,820		281,916

Total Healthcare-Services				1,418,851
Holding Companies-Diversified – 0.0%
Leucadia National Corp.		1,921		50,138
Home Builders – 0.1%
D.R. Horton, Inc.		4,035		61,211
KB Home^(a)		3,254		28,961
Lennar Corp. Class A^(a)		1,557		42,319
MDC Holdings, Inc.		1,648		42,502
Ryland Group, Inc. (The)		832		16,041

Thor Industries, Inc.		1,298	$	40,965

Total Home Builders				231,999
Home Furnishings – 0.1%
Harman International Industries, Inc.		470		22,001
Whirlpool Corp.		2,426		186,462

Total Home Furnishings				208,463
Household Products/Wares – 0.6%
American Greetings Corp. Class A		538		8,253
Avery Dennison Corp.		2,976		89,667
Church & Dwight Co., Inc.		1,558		76,638
Clorox Co. (The)		3,730		256,437
Ennis, Inc.		1,275		20,171
Kimberly-Clark Corp.		12,154		898,059
Scotts Miracle-Gro Co. (The) Class A^(a)		1,286		69,650
Tupperware Brands Corp.		1,028		65,278
WD-40 Co.		744		33,740

Total Household Products/Wares				1,517,893
Housewares – 0.0%
Newell Rubbermaid, Inc.		4,611		82,122
Toro Co. (The)		540		38,399

Total Housewares				120,521
Insurance – 2.6%
Aflac, Inc.		11,269		518,261
Allstate Corp. (The)		12,198		401,558
American Financial Group, Inc.		1,569		60,532
American National Insurance Co.		1,030		74,696
AmTrust Financial Services, Inc.		947		25,455
Arthur J. Gallagher & Co.		3,599		128,628
Assurant, Inc.		1,379		55,850
Baldwin & Lyons, Inc. Class B		752		16,830
Brown & Brown, Inc.		1,845		43,874
Chubb Corp. (The)		5,059		349,628
Cincinnati Financial Corp.		6,736		232,459
CNA Financial Corp.		2,870		84,177
Delphi Financial Group, Inc. Class A		725		32,458
Donegal Group, Inc. Class A		1,026		14,025
Erie Indemnity Co. Class A		1,042		81,214
Fidelity National Financial, Inc. Class A		5,616		101,257
First American Financial Corp.		156		2,594
Hanover Insurance Group, Inc. (The)		1,336		54,936
Harleysville Group, Inc.		680		39,236
Hartford Financial Services Group, Inc.		7,886		166,237
HCC Insurance Holdings, Inc.		2,243		69,914
Horace Mann Educators Corp.		1,364		24,034
Kemper Corp.		2,204		66,737
Life Partners Holdings, Inc.		863		3,512
Lincoln National Corp.		3,765		99,245
Loews Corp.		2,057		82,013
Marsh & McLennan Cos., Inc.		11,904		390,332
Mercury General Corp.		2,315		101,258
MetLife, Inc.		19,377		723,731
Old Republic International Corp.		14,783		155,961

See Notes to Financial Statements.


16		WisdomTree Domestic Dividend Funds

Schedule of Investments (continued)

WisdomTree Total Dividend Fund (DTD)

March 31, 2012


Investments	Shares		Value

Principal Financial Group, Inc.		6,731	$	198,632
ProAssurance Corp.		292		25,728
Progressive Corp. (The)		9,787		226,863
Protective Life Corp.		2,132		63,150
Prudential Financial, Inc.		10,865		688,732
Reinsurance Group of America, Inc.		829		49,301
RLI Corp.^(a)		489		35,032
Safety Insurance Group, Inc.		745		31,022
Selective Insurance Group, Inc.		2,205		38,830
StanCorp Financial Group, Inc.		1,112		45,525
State Auto Financial Corp.		1,904		27,818
Symetra Financial Corp.		2,944		33,944
Torchmark Corp.		913		45,513
Tower Group, Inc.		1,359		30,482
Travelers Cos., Inc. (The)		9,290		549,968
United Fire Group, Inc.		843		15,081
Universal Insurance Holdings, Inc.		2,989		11,627
Unum Group		4,499		110,136
W.R. Berkley Corp.		1,047		37,818

Total Insurance				6,465,844
Internet – 0.1%
Earthlink, Inc.		3,922		31,337
Expedia, Inc.^(a)		1,069		35,747
IAC/InterActiveCorp		678		33,283
Nutrisystem, Inc.		1,642		18,440
United Online, Inc.		4,426		21,643

Total Internet				140,450
Investment Companies – 0.5%
Apollo Investment Corp.		26,717		191,561
Ares Capital Corp.^(a)		15,128		247,343
Arlington Asset Investment Corp. Class A		1,136		25,219
BlackRock Kelso Capital Corp.		7,531		73,954
Fifth Street Finance Corp.^(a)		7,798		76,108
Gladstone Capital Corp.		2,667		21,629
Golub Capital BDC, Inc.		1,195		18,248
Kohlberg Capital Corp.		2,599		17,959
Main Street Capital Corp.		1,924		47,388
MCG Capital Corp.		10,733		45,615
MVC Capital, Inc.		743		9,756
NGP Capital Resources Co.		1,523		9,976
PennantPark Investment Corp.		4,153		43,191
Prospect Capital Corp.		11,514		126,424
Solar Capital Ltd.		2,770		61,134
THL Credit, Inc.		1,874		24,100
TICC Capital Corp.		3,586		34,928
Triangle Capital Corp.^(a)		2,012		39,737

Total Investment Companies				1,114,270
Iron/Steel – 0.4%
AK Steel Holding Corp.^(a)		5,872		44,392
Allegheny Technologies, Inc.		1,593		65,584
Carpenter Technology Corp.		280		14,624
Cliffs Natural Resources, Inc.		2,182		151,125
Commercial Metals Co.		2,919		43,260

Nucor Corp.		9,361	$	402,055
Reliance Steel & Aluminum Co.		379		21,406
Steel Dynamics, Inc.		5,378		78,196
United States Steel Corp.^(a)		2,038		59,856

Total Iron/Steel				880,498
Leisure Time – 0.1%
Callaway Golf Co.^(a)		2,471		16,704
Harley-Davidson, Inc.		2,583		126,774
Polaris Industries, Inc.		864		62,337

Total Leisure Time				205,815
Lodging – 0.3%
Ameristar Casinos, Inc.		892		16,618
Choice Hotels International, Inc.		1,260		47,049
Marriott International, Inc. Class A		3,858		146,025
Starwood Hotels & Resorts Worldwide, Inc.		1,796		101,312
Wyndham Worldwide Corp.		2,274		105,764
Wynn Resorts Ltd.		1,816		226,782

Total Lodging				643,550
Machinery-Construction & Mining – 0.5%
Caterpillar, Inc.		10,853		1,156,062
Joy Global, Inc.		815		59,902

Total Machinery-Construction & Mining				1,215,964
Machinery-Diversified – 0.6%
Albany International Corp. Class A		678		15,560
Applied Industrial Technologies, Inc.		1,184		48,698
Briggs & Stratton Corp.		647		11,601
Cognex Corp.		653		27,661
Cummins, Inc.		3,033		364,081
Deere & Co.		7,002		566,462
Flowserve Corp.		558		64,455
Graco, Inc.		1,068		56,668
IDEX Corp.		1,280		53,926
NACCO Industries, Inc. Class A		194		22,576
Nordson Corp.		726		39,574
Rockwell Automation, Inc.		2,479		197,576
Roper Industries, Inc.		404		40,061

Total Machinery-Diversified				1,508,899
Media – 2.3%
Belo Corp. Class A		3,355		24,055
Cablevision Systems Corp. Class A		7,130		104,668
CBS Corp. Class A		1,063		36,376
CBS Corp. Class B		7,325		248,391
Comcast Corp. Class A		30,572		917,466
Comcast Corp. Special Class A		9,393		277,187
Courier Corp.		1,318		15,289
Factset Research Systems, Inc.^(a)		471		46,648
Gannett Co., Inc.		4,499		68,970
John Wiley & Sons, Inc. Class A		633		30,125
McGraw-Hill Cos., Inc. (The)		5,494		266,294
Meredith Corp.^(a)		1,517		49,242
News Corp. Class A		14,593		287,336
News Corp. Class B		6,682		133,506

See Notes to Financial Statements.


WisdomTree Domestic Dividend Funds			17

Schedule of Investments (continued)

WisdomTree Total Dividend Fund (DTD)

March 31, 2012


Investments	Shares		Value

Scripps Networks Interactive, Inc. Class A		835	$	40,656
Sinclair Broadcast Group, Inc. Class A		2,219		24,542
Time Warner Cable, Inc.		7,417		604,486
Time Warner, Inc.		21,509		811,965
Viacom, Inc. Class A		833		43,291
Viacom, Inc. Class B		8,864		420,685
Walt Disney Co. (The)		22,605		989,647
Washington Post Co. (The) Class B^(a)		165		61,639
World Wrestling Entertainment, Inc. Class A^(a)		2,863		25,395

Total Media				5,527,859
Metal Fabricate/Hardware – 0.1%
Kaydon Corp.		629		16,046
Mueller Industries, Inc.		445		20,225
Timken Co. (The)		1,401		71,087
Worthington Industries, Inc.		1,151		22,076

Total Metal Fabricate/Hardware				129,434
Mining – 1.4%
Alcoa, Inc.		12,917		129,428
AMCOL International Corp.		738		21,764
Compass Minerals International, Inc.		565		40,533
Freeport-McMoRan Copper & Gold, Inc.		19,632		746,801
Globe Specialty Metals, Inc.		1,232		18,320
Gold Resource Corp.		1,282		31,165
Hecla Mining Co.^(a)		3,692		17,057
Kaiser Aluminum Corp.^(a)		183		8,649
Newmont Mining Corp.		8,068		413,646
Royal Gold, Inc.		213		13,892
Southern Copper Corp.		61,880		1,962,215
Titanium Metals Corp.		2,614		35,446
Vulcan Materials Co.		263		11,238

Total Mining				3,450,154
Miscellaneous Manufacturing – 3.9%
3M Co.		15,383		1,372,317
A.O. Smith Corp.		294		13,215
Aptargroup, Inc.		818		44,802
Barnes Group, Inc.		1,183		31,125
Carlisle Cos., Inc.		1,106		55,212
CLARCOR, Inc.		641		31,467
Crane Co.		1,110		53,835
Danaher Corp.		1,110		62,160
Donaldson Co., Inc.		1,066		38,088
Dover Corp.		3,172		199,646
Eaton Corp.		8,228		410,001
General Electric Co.		287,546		5,771,048
Harsco Corp.		2,762		64,797
Hillenbrand, Inc.		2,133		48,952
Illinois Tool Works, Inc.		11,768		672,188
ITT Corp.		1,477		33,882
Koppers Holdings, Inc.		649		25,025
Leggett & Platt, Inc.^(a)		5,686		130,835
NL Industries, Inc.		2,722		40,558
Pall Corp.		1,119		66,726
Parker Hannifin Corp.		2,267		191,675

Pentair, Inc.		1,868	$	88,936
SPX Corp.		749		58,070
Textron, Inc.		1,477		41,105
Trinity Industries, Inc.		1,259		41,484

Total Miscellaneous Manufacturing				9,587,149
Office Furnishings – 0.0%
HNI Corp.		1,179		32,717
Knoll, Inc.		1,371		22,813
Steelcase, Inc. Class A		3,013		28,925

Total Office Furnishings				84,455
Office/Business Equipment – 0.2%
Pitney Bowes, Inc.^(a)		12,280		215,882
Xerox Corp.		22,943		185,380

Total Office/Business Equipment				401,262
Oil & Gas – 8.2%
Anadarko Petroleum Corp.		2,035		159,422
Apache Corp.		2,202		221,169
Berry Petroleum Co. Class A		480		22,622
Chesapeake Energy Corp.		7,704		178,502
Chevron Corp.		49,322		5,289,291
Cimarex Energy Co.		348		26,264
ConocoPhillips		39,509		3,003,079
Devon Energy Corp.		3,322		236,261
Diamond Offshore Drilling, Inc.^(a)		763		50,930
Energen Corp.		366		17,989
EOG Resources, Inc.		1,508		167,539
EQT Corp.		1,928		92,949
EXCO Resources, Inc.^(a)		2,668		17,689
Exxon Mobil Corp.		87,284		7,570,141
Helmerich & Payne, Inc.		350		18,883
Hess Corp.		1,931		113,832
HollyFrontier Corp.		2,351		75,585
Marathon Oil Corp.		11,395		361,221
Marathon Petroleum Corp.		8,238		357,200
Murphy Oil Corp.		3,102		174,550
Noble Energy, Inc.		1,457		142,465
Occidental Petroleum Corp.		12,928		1,231,133
Patterson-UTI Energy, Inc.		1,813		31,347
Pioneer Natural Resources Co.		2		223
Range Resources Corp.		348		20,233
Sunoco, Inc.		1,316		50,205
Valero Energy Corp.		12,043		310,348

Total Oil & Gas				19,941,072
Oil & Gas Services – 0.3%
Baker Hughes, Inc.		4,329		181,558
CARBO Ceramics, Inc.^(a)		132		13,920
Halliburton Co.		8,344		276,937
National Oilwell Varco, Inc.		2,513		199,708
Oceaneering International, Inc.		1,028		55,399
RPC, Inc.^(a)		4,013		42,578
Targa Resources Corp.		1,102		50,086

Total Oil & Gas Services				820,186

See Notes to Financial Statements.


18		WisdomTree Domestic Dividend Funds

Schedule of Investments (continued)

WisdomTree Total Dividend Fund (DTD)

March 31, 2012


Investments	Shares		Value

Packaging & Containers – 0.2%
Ball Corp.		1,180	$	50,598
Bemis Co., Inc.		2,298		74,203
Greif, Inc. Class A		849		47,476
Greif, Inc. Class B		984		55,862
Packaging Corp. of America		2,475		73,235
Rock-Tenn Co. Class A		740		49,994
Sealed Air Corp.		4,465		86,219
Silgan Holdings, Inc.		714		31,559
Sonoco Products Co.		2,861		94,985

Total Packaging & Containers				564,131
Pharmaceuticals – 8.7%
Abbott Laboratories		42,323		2,593,977
Allergan, Inc.		579		55,254
AmerisourceBergen Corp.		2,908		115,389
Bristol-Myers Squibb Co.		51,033		1,722,364
Cardinal Health, Inc.		5,724		246,762
Eli Lilly & Co.		43,619		1,756,537
Johnson & Johnson		75,621		4,987,961
McKesson Corp.		2,005		175,979
Mead Johnson Nutrition Co.		2,229		183,848
Medicis Pharmaceutical Corp. Class A		573		21,539
Merck & Co., Inc.		109,529		4,205,914
Perrigo Co.		263		27,170
Pfizer, Inc.		225,122		5,101,264

Total Pharmaceuticals				21,193,958
Pipelines – 0.8%
Crosstex Energy, Inc.		1,512		21,380
El Paso Corp.		1,116		32,978
Kinder Morgan, Inc.^(a)		20,904		807,939
ONEOK, Inc.		2,214		180,795
Spectra Energy Corp.		18,893		596,074
Williams Cos., Inc. (The)		14,328		441,446

Total Pipelines				2,080,612
Private Equity – 0.0%
Hercules Technology Growth Capital, Inc.		3,449		38,215
Real Estate – 0.0%
Sovran Self Storage, Inc.		1,140		56,806
Real Estate Investment Trusts (REITs) – 5.4%
Acadia Realty Trust		1,823		41,090
Agree Realty Corp.		773		17,454
Alexander’s, Inc.		147		57,900
Alexandria Real Estate Equities, Inc.		1,353		98,945
American Assets Trust, Inc.		1,432		32,650
American Campus Communities, Inc.		1,937		86,623
Apartment Investment & Management Co. Class A		1,930		50,971
Ashford Hospitality Trust, Inc.		3,159		28,463
Associated Estates Realty Corp.		1,281		20,932
AvalonBay Communities, Inc.		2,120		299,662
BioMed Realty Trust, Inc.		5,380		102,112
Boston Properties, Inc.		2,482		260,585
Brandywine Realty Trust		7,898		90,669

BRE Properties, Inc.		1,832	$	92,608
Camden Property Trust		1,906		125,320
Campus Crest Communities, Inc.		1,936		22,574
CapLease, Inc.		2,187		8,814
CBL & Associates Properties, Inc.		6,437		121,788
Cedar Realty Trust, Inc.		2,289		11,720
Chesapeake Lodging Trust		723		12,992
Cogdell Spencer, Inc.		5,410		22,938
Colonial Properties Trust		1,627		35,355
CommonWealth REIT		7,887		146,856
Corporate Office Properties Trust		4,386		101,799
Cousins Properties, Inc.		2,416		18,313
CubeSmart		2,982		35,486
DCT Industrial Trust, Inc.		11,544		68,110
DDR Corp.		5,667		82,738
DiamondRock Hospitality Co.		4,783		49,217
Digital Realty Trust, Inc.^(a)		3,378		249,871
Douglas Emmett, Inc.		2,766		63,092
Duke Realty Corp.		12,645		181,329
DuPont Fabros Technology, Inc.		890		21,761
EastGroup Properties, Inc.		863		43,340
Education Realty Trust, Inc.		2,757		29,886
Entertainment Properties Trust		2,477		114,883
Equity Lifestyle Properties, Inc.		656		45,749
Equity One, Inc.		4,213		85,187
Equity Residential		5,643		353,365
Essex Property Trust, Inc.		827		125,299
Excel Trust, Inc.		1,615		19,509
Extra Space Storage, Inc.		1,396		40,191
Federal Realty Investment Trust		1,514		146,540
First Potomac Realty Trust		2,375		28,714
Franklin Street Properties Corp.		3,078		32,627
General Growth Properties, Inc.		18,700		317,713
Gladstone Commercial Corp.		1,140		19,619
Glimcher Realty Trust		4,829		49,352
Government Properties Income Trust		2,955		71,245
HCP, Inc.		15,122		596,714
Health Care REIT, Inc.		8,107		445,561
Healthcare Realty Trust, Inc.		4,358		95,876
Hersha Hospitality Trust		6,150		33,579
Highwoods Properties, Inc.		3,067		102,192
Home Properties, Inc.		1,735		105,852
Hospitality Properties Trust		7,479		197,969
Host Hotels & Resorts, Inc.		5,779		94,891
Hudson Pacific Properties, Inc.		1,304		19,730
Inland Real Estate Corp.		5,680		50,382
Investors Real Estate Trust		4,827		37,120
Kilroy Realty Corp.		1,835		85,529
Kimco Realty Corp.		15,535		299,204
Kite Realty Group Trust		3,861		20,347
LaSalle Hotel Properties		837		23,553
Lexington Realty Trust		7,685		69,088
Liberty Property Trust		5,585		199,496
LTC Properties, Inc.		1,200		38,400

See Notes to Financial Statements.


WisdomTree Domestic Dividend Funds			19

Schedule of Investments (continued)

WisdomTree Total Dividend Fund (DTD)

March 31, 2012


Investments	Shares		Value

Macerich Co. (The)		4,615	$	266,516
Mack-Cali Realty Corp.		4,748		136,837
Medical Properties Trust, Inc.		6,335		58,789
Mid-America Apartment Communities, Inc.		1,176		78,827
Mission West Properties, Inc.		2,174		21,436
Monmouth Real Estate Investment Corp. Class A		2,695		26,249
National Health Investors, Inc.		1,463		71,365
National Retail Properties, Inc.		4,518		122,844
Omega Healthcare Investors, Inc.		6,824		145,078
One Liberty Properties, Inc.		738		13,505
Parkway Properties, Inc.		1,293		13,551
Pebblebrook Hotel Trust		1,243		28,067
Pennsylvania Real Estate Investment Trust		2,693		41,122
Piedmont Office Realty Trust, Inc. Class A		10,042		178,246
Plum Creek Timber Co., Inc.		6,219		258,462
Post Properties, Inc.		926		43,392
Potlatch Corp.^(a)		1,914		59,985
ProLogis, Inc.		14,469		521,173
PS Business Parks, Inc.		466		30,542
Public Storage		3,960		547,153
Ramco-Gershenson Properties Trust		1,375		16,803
Rayonier, Inc.		3,751		165,382
Realty Income Corp.		5,117		198,181
Regency Centers Corp.		3,527		156,881
Retail Opportunity Investments Corp.		1,727		20,793
RLJ Lodging Trust		3,064		57,082
Sabra Health Care REIT, Inc.		3,571		58,707
Saul Centers, Inc.		709		28,615
Senior Housing Properties Trust		8,736		192,629
Simon Property Group, Inc.		6,611		963,090
SL Green Realty Corp.		432		33,502
STAG Industrial, Inc.		1,524		21,275
Sun Communities, Inc.		1,011		43,807
Tanger Factory Outlet Centers		2,016		59,936
Taubman Centers, Inc.		1,348		98,337
UDR, Inc.		5,834		155,826
Universal Health Realty Income Trust		386		15,297
Urstadt Biddle Properties, Inc. Class A		641		12,653
Ventas, Inc.		7,809		445,894
Vornado Realty Trust		5,383		453,249
Washington Real Estate Investment Trust		3,011		89,427
Weingarten Realty Investors		4,944		130,670
Weyerhaeuser Co.		13,978		306,398
Winthrop Realty Trust		2,254		26,124

Total Real Estate Investment Trusts (REITs)				13,113,136
Retail – 6.3%
Abercrombie & Fitch Co. Class A		1,157		57,399
Advance Auto Parts, Inc.		219		19,397
American Eagle Outfitters, Inc.		4,063		69,843
Best Buy Co., Inc.		7,377		174,687
Bob Evans Farms, Inc.		825		31,119
Brinker International, Inc.		1,788		49,259
Buckle, Inc. (The)		1,065		51,013
Casey’s General Stores, Inc.		270		14,974

Cato Corp. (The) Class A		1,205	$	33,306
CEC Entertainment, Inc.		525		19,903
Chico’s FAS, Inc.		1,627		24,568
Costco Wholesale Corp.		3,868		351,214
Cracker Barrel Old Country Store, Inc.		495		27,621
CVS Caremark Corp.		13,242		593,242
Darden Restaurants, Inc.		3,929		201,008
Dick’s Sporting Goods, Inc.		997		47,936
DSW, Inc. Class A		429		23,496
Family Dollar Stores, Inc.		1,161		73,468
Foot Locker, Inc.		3,434		106,626
Gap, Inc. (The)		9,658		252,460
Guess?, Inc.		2,030		63,437
Home Depot, Inc. (The)		35,018		1,761,756
Hot Topic, Inc.		1,915		19,437
HSN, Inc.		638		24,263
J.C. Penney Co., Inc.		4,092		144,980
Kohl’s Corp.		3,857		192,966
Lowe’s Cos., Inc.		21,804		684,210
Ltd. Brands, Inc.		4,788		229,824
Macy’s, Inc.		4,241		168,495
McDonald’s Corp.		22,778		2,234,522
Men’s Wearhouse, Inc. (The)		826		32,024
MSC Industrial Direct Co. Class A		640		53,299
Nordstrom, Inc.		3,184		177,412
Penske Automotive Group, Inc.		1,451		35,738
PetSmart, Inc.		1,020		58,364
PF Chang’s China Bistro, Inc.		670		26,478
RadioShack Corp.^(a)		4,159		25,869
Regis Corp.		942		17,361
Ross Stores, Inc.		1,806		104,929
Staples, Inc.		14,485		234,367
Starbucks Corp.		9,018		504,016
Target Corp.		11,554		673,252
Texas Roadhouse, Inc.		1,496		24,893
Tiffany & Co.		1,669		115,378
TJX Cos., Inc.		7,267		288,573
Tractor Supply Co.		337		30,519
Walgreen Co.		17,800		596,122
Wal-Mart Stores, Inc.		66,684		4,081,061
Wendy’s Co. (The)		5,409		27,099
Williams-Sonoma, Inc.		1,468		55,021
Yum! Brands, Inc.		7,050		501,819

Total Retail				15,410,023
Savings & Loans – 0.5%
Astoria Financial Corp.		4,140		40,820
BankUnited, Inc.		1,805		45,125
Berkshire Hills Bancorp, Inc.		756		17,328
Brookline Bancorp, Inc.		2,488		23,313
Capitol Federal Financial, Inc.		4,133		49,017
Dime Community Bancshares, Inc.		1,736		25,363
First Niagara Financial Group, Inc.		16,403		161,406
Flushing Financial Corp.		1,357		18,265
Hudson City Bancorp, Inc.		20,433		149,365

See Notes to Financial Statements.


20		WisdomTree Domestic Dividend Funds

Schedule of Investments (continued)

WisdomTree Total Dividend Fund (DTD)

March 31, 2012


Investments	Shares		Value

New York Community Bancorp, Inc.^(a)		27,403	$	381,176
Northwest Bancshares, Inc.		3,569		45,326
OceanFirst Financial Corp.		1,854		26,401
Oritani Financial Corp.		2,482		36,436
People’s United Financial, Inc.		13,971		184,976
Provident Financial Services, Inc.		2,193		31,864
Roma Financial Corp.		1,840		18,014
Washington Federal, Inc.		1,631		27,433

Total Savings & Loans				1,281,628
Semiconductors – 3.3%
Altera Corp.		2,089		83,184
Analog Devices, Inc.		6,680		269,872
Applied Materials, Inc.		30,736		382,356
Brooks Automation, Inc.		4,059		50,047
Intel Corp.		140,406		3,946,813
Intersil Corp. Class A		4,105		45,976
KLA-Tencor Corp.		3,796		206,578
Linear Technology Corp.		5,499		185,316
Maxim Integrated Products, Inc.		7,879		225,261
Microchip Technology, Inc.^(a)		5,689		211,631
MKS Instruments, Inc.		1,060		31,302
QUALCOMM, Inc.		21,338		1,451,411
Texas Instruments, Inc.		20,628		693,307
Xilinx, Inc.		4,887		178,033

Total Semiconductors				7,961,087
Software – 3.3%
Activision Blizzard, Inc.		12,680		162,558
American Software, Inc. Class A		2,675		22,952
Blackbaud, Inc.		1,187		39,444
Broadridge Financial Solutions, Inc.		2,869		68,598
CA, Inc.		3,129		86,235
Computer Programs & Systems, Inc.		535		30,238
Dun & Bradstreet Corp. (The)		628		53,210
Fidelity National Information Services, Inc.		2,108		69,817
Intuit, Inc.		2,408		144,793
ManTech International Corp. Class A		617		21,262
Microsoft Corp.		198,384		6,397,884
Oracle Corp.		30,596		892,179
Quality Systems, Inc.		706		30,873
Solera Holdings, Inc.		481		22,073

Total Software				8,042,116
Telecommunications – 7.1%
ADTRAN, Inc.		828		25,825
Alaska Communications Systems Group, Inc.		7,515		23,146
AT&T, Inc.		269,676		8,421,982
Atlantic Tele-Network, Inc.		401		14,580
CenturyLink, Inc.		37,562		1,451,771
Cisco Systems, Inc.		52,382		1,107,879
Comtech Telecommunications Corp.		647		21,079
Consolidated Communications Holdings, Inc.		2,644		51,902
Corning, Inc.		28,114		395,845
Frontier Communications Corp.^(a)		112,136		467,607
Harris Corp.		2,835		127,802

IDT Corp. Class B		1,995	$	18,633
InterDigital, Inc.		458		15,966
Motorola Solutions, Inc.		4,335		220,348
NTELOS Holdings Corp.		1,461		30,243
Telephone & Data Systems, Inc.		2,370		54,866
Tellabs, Inc.		7,067		28,621
USA Mobility, Inc.		1,516		21,118
Verizon Communications, Inc.		113,055		4,322,093
Virgin Media, Inc.		1,921		47,987
Windstream Corp.		34,245		401,009

Total Telecommunications				17,270,302
Textiles – 0.0%
Cintas Corp.		1,961		76,714
Toys/Games/Hobbies – 0.2%
Hasbro, Inc.		3,392		124,554
Mattel, Inc.		8,647		291,058

Total Toys/Games/Hobbies				415,612
Transportation – 1.6%
Alexander & Baldwin, Inc.		1,447		70,107
Bristow Group, Inc.		470		22,433
C.H. Robinson Worldwide, Inc.		2,215		145,060
Con-way, Inc.		666		21,718
CSX Corp.		18,949		407,782
Expeditors International of Washington, Inc.		1,956		90,974
FedEx Corp.		1,548		142,354
International Shipholding Corp.		1,032		23,829
JB Hunt Transport Services, Inc.		1,109		60,296
Knight Transportation, Inc.		569		10,049
Norfolk Southern Corp.		6,345		417,691
Ryder System, Inc.		1,174		61,987
Tidewater, Inc.		563		30,413
Union Pacific Corp.		8,772		942,815
United Parcel Service, Inc. Class B		16,673		1,345,845
Werner Enterprises, Inc.		696		17,303

Total Transportation				3,810,656
Trucking & Leasing – 0.1%
GATX Corp.		1,298		52,310
TAL International Group, Inc.		2,172		79,734

Total Trucking & Leasing				132,044
Water – 0.1%
American States Water Co.		667		24,105
American Water Works Co., Inc.		4,127		140,442
Aqua America, Inc.		3,041		67,784
California Water Service Group		900		16,389
Connecticut Water Service, Inc.		880		24,895
Middlesex Water Co.		1,395		26,351
SJW Corp.		738		17,801

Total Water				317,767
TOTAL COMMON STOCKS (Cost: $200,315,275)				242,972,688

See Notes to Financial Statements.


WisdomTree Domestic Dividend Funds			21

Schedule of Investments (concluded)

WisdomTree Total Dividend Fund (DTD)

March 31, 2012


Investments	Shares		Value

EXCHANGE-TRADED FUND – 0.2%
WisdomTree Total Earnings Fund^(a)(b)
(Cost: $276,649)		7,470	$	378,355
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.8%
MONEY MARKET FUND – 1.8%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(c)
(Cost: $4,511,836)^(d)		4,511,836		4,511,836
TOTAL INVESTMENTS IN SECURITIES – 101.6% (Cost: $205,103,760)				247,862,879
Liabilities in Excess of Other Assets – (1.6)%				(3,877,522	)

NET ASSETS – 100.0%			$	243,985,357

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Affiliated company. (See Note 7).

^(c)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(d)	At March 31, 2012, the total market value of the Fund’s securities on loan was $4,389,977 and the total market value of the collateral held by the Fund was $4,511,836.

See Notes to Financial Statements.


22		WisdomTree Domestic Dividend Funds

Schedule of Investments

WisdomTree Equity Income Fund (DHS)

March 31, 2012


Investments	Shares		Value

UNITED STATES – 102.8%
COMMON STOCKS – 99.6%
Advertising – 0.0%
Harte-Hanks, Inc.		6,110	$	55,296
Aerospace/Defense – 1.9%
Lockheed Martin Corp.		50,504		4,538,289
Northrop Grumman Corp.		28,246		1,725,266
Raytheon Co.		39,211		2,069,557

Total Aerospace/Defense				8,333,112
Agriculture – 8.6%
Altria Group, Inc.		348,705		10,764,523
Lorillard, Inc.		19,393		2,511,006
Philip Morris International, Inc.		212,576		18,836,359
Reynolds American, Inc.		96,419		3,995,603
Universal Corp.		3,262		152,009
Vector Group Ltd.^(a)		21,359		378,482

Total Agriculture				36,637,982
Auto Parts & Equipment – 0.0%
Douglas Dynamics, Inc.		3,597		49,459
Superior Industries International, Inc.		3,298		64,443

Total Auto Parts & Equipment				113,902
Banks – 1.2%
Arrow Financial Corp.^(a)		1,455		35,502
Bank of Hawaii Corp.^(a)		5,891		284,830
Camden National Corp.		736		25,870
Chemical Financial Corp.		3,645		85,439
Citizens & Northern Corp.		1,271		25,420
City Holding Co.^(a)		2,112		73,329
Community Bank System, Inc.		4,361		125,510
Community Trust Bancorp, Inc.		1,924		61,703
Cullen/Frost Bankers, Inc.		6,546		380,912
CVB Financial Corp.		11,592		136,090
FNB Corp.^(a)		16,833		203,343
First Financial Bancorp		11,646		201,476
First of Long Island Corp. (The)		720		19,080
FirstMerit Corp.		14,533		245,026
Glacier Bancorp, Inc.		9,775		146,038
Great Southern Bancorp, Inc.		968		23,232
Hudson Valley Holding Corp.		2,121		34,212
M&T Bank Corp.		14,575		1,266,276
NBT Bancorp, Inc.		4,169		92,051
PacWest Bancorp		4,169		101,307
Park National Corp.^(a)		2,855		197,480
Renasant Corp.^(a)		3,448		56,133
S&T Bancorp, Inc.		2,587		56,112
S.Y. Bancorp, Inc.		1,398		32,434
Southside Bancshares, Inc.		1,313		29,017
Sterling Bancorp		3,959		37,967
Tompkins Financial Corp.^(a)		1,159		46,430
TrustCo Bank Corp.^(a)		13,841		79,032
Trustmark Corp.		7,924		197,941
United Bankshares, Inc.^(a)		6,700		193,362

Univest Corp. of Pennsylvania		2,513	$	42,168
Valley National Bancorp^(a)		30,167		390,663
Washington Trust Bancorp, Inc.		1,884		45,480
WesBanco, Inc.		3,153		63,501

Total Banks				5,034,366
Beverages – 0.2%
Dr. Pepper Snapple Group, Inc.		21,705		872,758
Biotechnology – 0.1%
PDL BioPharma, Inc.		40,419		256,661
Chemicals – 2.7%
A. Schulman, Inc.		2,804		75,764
Dow Chemical Co. (The)		138,257		4,789,223
E.I. du Pont de Nemours & Co.		104,337		5,519,427
Huntsman Corp.		28,945		405,519
Olin Corp.		10,044		218,457
RPM International, Inc.		14,931		391,043

Total Chemicals				11,399,433
Commercial Services – 0.9%
CDI Corp.		2,137		38,316
Deluxe Corp.		7,239		169,537
Electro Rent Corp.		3,260		60,017
H&R Block, Inc.		36,189		596,033
Healthcare Services Group, Inc.		8,056		171,351
Iron Mountain, Inc.		19,009		547,459
Landauer, Inc.		1,219		64,631
McGrath Rentcorp		2,329		74,784
Paychex, Inc.		46,913		1,453,834
Quad Graphics, Inc.^(a)		5,404		75,116
R.R. Donnelley & Sons Co.^(a)		41,512		514,334
Strayer Education, Inc.^(a)		1,558		146,888

Total Commercial Services				3,912,300
Computers – 0.2%
Computer Sciences Corp.		14,381		430,567
Diebold, Inc.		7,271		280,079

Total Computers				710,646
Cosmetics/Personal Care – 4.5%
Avon Products, Inc.		69,715		1,349,682
Procter & Gamble Co. (The)		266,657		17,922,017

Total Cosmetics/Personal Care				19,271,699
Distribution/Wholesale – 0.1%
Watsco, Inc.		3,357		248,552
Diversified Financial Services – 0.5%
Artio Global Investors, Inc.^(a)		7,834		37,368
BGC Partners, Inc. Class A		32,671		241,439
Federated Investors, Inc. Class B^(a)		19,737		442,306
GFI Group, Inc.		16,490		62,002
Greenhill & Co., Inc.		4,003		174,691
NYSE Euronext		34,921		1,047,979
Walter Investment Management Corp.		7,436		167,682
Westwood Holdings Group, Inc.		790		30,597

Total Diversified Financial Services				2,204,064

See Notes to Financial Statements.


WisdomTree Domestic Dividend Funds			23

Schedule of Investments (continued)

WisdomTree Equity Income Fund (DHS)

March 31, 2012


Investments	Shares		Value

Electric – 12.1%
ALLETE, Inc.		5,147	$	213,549
Alliant Energy Corp.		13,566		587,679
Ameren Corp.		36,518		1,189,756
American Electric Power Co., Inc.		69,872		2,695,662
Avista Corp.		8,040		205,663
Black Hills Corp.		5,527		185,320
CH Energy Group, Inc.		2,091		139,532
Cleco Corp.		6,306		250,033
CMS Energy Corp.		30,986		681,692
Consolidated Edison, Inc.		35,774		2,089,917
Dominion Resources, Inc.		66,682		3,414,785
DTE Energy Co.		22,993		1,265,305
Duke Energy Corp.		190,445		4,001,249
Edison International		32,156		1,366,952
Entergy Corp.		24,636		1,655,539
Exelon Corp.		96,585		3,787,098
FirstEnergy Corp.		61,932		2,823,480
Great Plains Energy, Inc.		17,294		350,549
Hawaiian Electric Industries, Inc.		13,908		352,568
Integrys Energy Group, Inc.		12,794		677,954
MGE Energy, Inc.		2,464		109,377
NextEra Energy, Inc.		48,269		2,948,271
NorthWestern Corp.		5,148		182,548
NSTAR		11,725		570,187
NV Energy, Inc.		24,176		389,717
Otter Tail Corp.		6,094		132,240
Pepco Holdings, Inc.		37,859		715,157
PG&E Corp.		56,415		2,448,975
Pinnacle West Capital Corp.		15,170		726,643
Portland General Electric Co.		10,525		262,915
PPL Corp.		83,727		2,366,125
Progress Energy, Inc.		40,208		2,135,447
Public Service Enterprise Group, Inc.		66,156		2,025,035
SCANA Corp.^(a)		17,657		805,336
Southern Co. (The)		109,848		4,935,471
TECO Energy, Inc.		30,653		537,960
UIL Holdings Corp.^(a)		8,245		286,596
Unisource Energy Corp.		5,041		184,349
Unitil Corp.		2,132		57,202
Westar Energy, Inc.		16,338		456,320
Xcel Energy, Inc.		58,364		1,544,895

Total Electric				51,755,048
Electrical Components & Equipment – 0.1%
Molex, Inc. Class A		10,023		235,039
Entertainment – 0.2%
Cinemark Holdings, Inc.		16,696		366,477
National CineMedia, Inc.		11,884		181,825
Regal Entertainment Group Class A^(a)		25,193		342,625

Total Entertainment				890,927
Environmental Control – 0.5%
U.S. Ecology, Inc.		2,660		57,828
Waste Management, Inc.		58,998		2,062,570

Total Environmental Control				2,120,398

Food – 2.0%
B&G Foods, Inc.		5,915	$	133,147
Campbell Soup Co.		34,100		1,154,285
ConAgra Foods, Inc.		47,451		1,246,063
H.J. Heinz Co.		34,634		1,854,651
Kellogg Co.		37,540		2,013,270
SUPERVALU, Inc.^(a)		31,050		177,295
Sysco Corp.		64,843		1,936,212

Total Food				8,514,923
Forest Products & Paper – 0.5%
International Paper Co.		50,160		1,760,616
MeadWestvaco Corp.		18,441		582,551

Total Forest Products & Paper				2,343,167
Gas – 1.4%
AGL Resources, Inc.		10,913		428,008
Atmos Energy Corp.		11,678		367,390
CenterPoint Energy, Inc.		54,081		1,066,477
Laclede Group, Inc. (The)		3,283		128,103
NiSource, Inc.		35,951		875,407
Northwest Natural Gas Co.		3,229		146,597
Piedmont Natural Gas Co., Inc.		8,057		250,331
Questar Corp.		18,105		348,702
Sempra Energy		25,932		1,554,883
UGI Corp.		12,933		352,424
Vectren Corp.		12,131		352,527
WGL Holdings, Inc.		6,322		257,305

Total Gas				6,128,154
Healthcare-Products – 0.0%
Meridian Bioscience, Inc.		4,996		96,822
Healthcare-Services – 0.1%
Lincare Holdings, Inc.		8,625		223,215
Home Builders – 0.1%
KB Home^(a)		8,049		71,636
MDC Holdings, Inc.^(a)		8,536		220,144

Total Home Builders				291,780
Home Furnishings – 0.2%
Whirlpool Corp.		9,798		753,074
Household Products/Wares – 1.2%
American Greetings Corp. Class A		3,968		60,869
Avery Dennison Corp.		11,310		340,770
Clorox Co. (The)		14,509		997,494
Ennis, Inc.		3,413		53,994
Kimberly-Clark Corp.		46,878		3,463,815

Total Household Products/Wares				4,916,942
Insurance – 0.8%
American National Insurance Co.		3,482		252,515
Arthur J. Gallagher & Co.		13,763		491,890
Baldwin & Lyons, Inc. Class B		1,535		34,353
Cincinnati Financial Corp.		26,106		900,918
Donegal Group, Inc. Class A		1,933		26,424
EMC Insurance Group, Inc.		1,506		30,256

See Notes to Financial Statements.


24		WisdomTree Domestic Dividend Funds

Schedule of Investments (continued)

WisdomTree Equity Income Fund (DHS)

March 31, 2012


Investments	Shares		Value

Hanover Insurance Group, Inc. (The)		4,571	$	187,960
Horace Mann Educators Corp.		3,867		68,137
Kansas City Life Insurance Co.		952		30,654
Kemper Corp.		6,461		195,639
Mercury General Corp.		9,008		394,010
Old Republic International Corp.		57,404		605,612
Safety Insurance Group, Inc.		2,133		88,818
State Auto Financial Corp.		5,745		83,934
Tower Group, Inc.		4,321		96,920

Total Insurance				3,488,040
Internet – 0.0%
Nutrisystem, Inc.^(a)		4,537		50,951
United Online, Inc.		20,535		100,416

Total Internet				151,367
Investment Companies – 0.9%
Apollo Investment Corp.		105,485		756,327
Ares Capital Corp.		58,811		961,560
BlackRock Kelso Capital Corp.		26,493		260,161
Fifth Street Finance Corp.		28,721		280,317
Golub Capital BDC, Inc.		5,273		80,519
Main Street Capital Corp.		6,429		158,346
MCG Capital Corp.		37,685		160,161
Medallion Financial Corp.		3,331		37,174
MVC Capital, Inc.		3,413		44,813
PennantPark Investment Corp.		14,837		154,305
Prospect Capital Corp.		43,228		474,643
Solar Capital Ltd.		12,009		265,039
THL Credit, Inc.		5,748		73,919
TICC Capital Corp.		11,281		109,877
Triangle Capital Corp.^(a)		6,873		135,742

Total Investment Companies				3,952,903
Iron/Steel – 0.4%
Commercial Metals Co.		11,576		171,556
Nucor Corp.		35,058		1,505,741

Total Iron/Steel				1,677,297
Media – 0.2%
Belo Corp. Class A		9,738		69,822
Cablevision Systems Corp. Class A		27,908		409,689
Meredith Corp.^(a)		5,310		172,363
Sinclair Broadcast Group, Inc. Class A		6,985		77,254
World Wrestling Entertainment, Inc. Class A^(a)		4,583		40,651

Total Media				769,779
Metal Fabricate/Hardware – 0.0%
Ampco-Pittsburgh Corp.		1,097		22,083
Mining – 1.8%
Southern Copper Corp.		243,408		7,718,468
Miscellaneous Manufacturing – 5.6%
General Electric Co.		1,134,311		22,765,622
Harsco Corp.		9,878		231,738
Hillenbrand, Inc.		6,894		158,217
Leggett & Platt, Inc.^(a)		21,567		496,257

NL Industries, Inc.		6,326	$	94,257

Total Miscellaneous Manufacturing				23,746,091
Office Furnishings – 0.0%
HNI Corp.		5,110		141,803
Office/Business Equipment – 0.2%
Pitney Bowes, Inc.^(a)		47,729		839,076
Oil & Gas – 2.7%
ConocoPhillips		152,188		11,567,810
Penn Virginia Corp.		6,126		27,873

Total Oil & Gas				11,595,683
Oil & Gas Services – 0.0%
Targa Resources Corp.		3,979		180,846
Packaging & Containers – 0.2%
Bemis Co., Inc.		9,906		319,865
Greif, Inc. Class B^(a)		3,790		215,158
Sonoco Products Co.		10,738		356,502

Total Packaging & Containers				891,525
Pharmaceuticals – 18.5%
Abbott Laboratories		163,860		10,042,979
Bristol-Myers Squibb Co.		197,129		6,653,104
Eli Lilly & Co.		168,514		6,786,059
Johnson & Johnson		293,129		19,334,789
Merck & Co., Inc.		428,320		16,447,488
Pfizer, Inc.		876,873		19,869,942

Total Pharmaceuticals				79,134,361
Pipelines – 1.3%
Crosstex Energy, Inc.		4,402		62,244
Kinder Morgan, Inc.^(a)		86,600		3,347,090
Spectra Energy Corp.		74,906		2,363,285

Total Pipelines				5,772,619
Private Equity – 0.0%
Hercules Technology Growth Capital, Inc.		12,160		134,733
Real Estate – 0.0%
Sovran Self Storage, Inc.		4,034		201,014
Real Estate Investment Trusts (REITs) – 8.2%
Acadia Realty Trust		5,752		129,650
Agree Realty Corp.		2,134		48,186
American Assets Trust, Inc.		4,776		108,893
American Campus Communities, Inc.		7,360		329,139
Ashford Hospitality Trust, Inc.		10,134		91,307
Associated Estates Realty Corp.		5,556		90,785
BioMed Realty Trust, Inc.		20,895		396,587
Brandywine Realty Trust		28,433		326,411
Camden Property Trust		7,386		485,630
Campus Crest Communities, Inc.		5,708		66,555
CapLease, Inc.		12,246		49,351
CBL & Associates Properties, Inc.		24,820		469,594
Cedar Realty Trust, Inc.		17,633		90,281
Chesapeake Lodging Trust		4,977		89,437
CommonWealth REIT		30,075		559,997

See Notes to Financial Statements.


WisdomTree Domestic Dividend Funds			25

Schedule of Investments (continued)

WisdomTree Equity Income Fund (DHS)

March 31, 2012


Investments	Shares		Value

Corporate Office Properties Trust		16,436	$	381,480
DCT Industrial Trust, Inc.		44,218		260,886
DiamondRock Hospitality Co.		17,328		178,305
Digital Realty Trust, Inc.^(a)		13,250		980,103
Duke Realty Corp.		45,539		653,029
EastGroup Properties, Inc.		4,006		201,181
Entertainment Properties Trust		9,159		424,794
Equity One, Inc.		18,810		380,338
Excel Trust, Inc.		4,737		57,223
First Potomac Realty Trust		9,890		119,570
Franklin Street Properties Corp.		18,111		191,977
Glimcher Realty Trust		14,869		151,961
Government Properties Income Trust		10,685		257,615
HCP, Inc.		60,430		2,384,568
Health Care REIT, Inc.		32,224		1,771,031
Healthcare Realty Trust, Inc.		15,845		348,590
Hersha Hospitality Trust		26,518		144,788
Highwoods Properties, Inc.		12,796		426,363
Home Properties, Inc.		6,508		397,053
Hospitality Properties Trust		30,880		817,394
Hudson Pacific Properties, Inc.		3,656		55,315
Inland Real Estate Corp.		20,624		182,935
Investors Real Estate Trust		18,018		138,558
Kilroy Realty Corp.		6,787		316,342
Kimco Realty Corp.		58,990		1,136,147
Kite Realty Group Trust		12,138		63,967
Lexington Realty Trust		31,548		283,617
Liberty Property Trust		22,306		796,770
LTC Properties, Inc.		5,178		165,696
Macerich Co. (The)		17,781		1,026,853
Mack-Cali Realty Corp.		18,404		530,403
Medical Properties Trust, Inc.		28,521		264,675
Mid-America Apartment Communities, Inc.		4,820		323,085
Monmouth Real Estate Investment Corp. Class A		7,239		70,508
National Health Investors, Inc.		4,613		225,022
National Retail Properties, Inc.^(a)		18,695		508,317
Omega Healthcare Investors, Inc.		26,419		561,668
One Liberty Properties, Inc.		3,269		59,823
Pennsylvania Real Estate Investment Trust		10,255		156,594
Piedmont Office Realty Trust, Inc. Class A		39,452		700,273
Plum Creek Timber Co., Inc.		23,034		957,293
Potlatch Corp.		8,131		254,826
ProLogis, Inc.		56,718		2,042,982
PS Business Parks, Inc.		2,331		152,774
Ramco-Gershenson Properties Trust		8,112		99,129
Rayonier, Inc.		14,462		637,630
Realty Income Corp.		20,346		788,001
Regency Centers Corp.		13,905		618,494
Retail Opportunity Investments Corp.		5,132		61,789
RLJ Lodging Trust		11,349		211,432
Sabra Health Care REIT, Inc.		12,707		208,903
Saul Centers, Inc.		2,441		98,519
Senior Housing Properties Trust		34,068		751,199
Summit Hotel Properties, Inc.		3,857		29,236

Sun Communities, Inc.		4,797	$	207,854
UDR, Inc.		21,989		587,326
Universal Health Realty Income Trust		2,488		98,599
Urstadt Biddle Properties, Inc. Class A		3,856		76,117
Ventas, Inc.		30,017		1,713,971
Vornado Realty Trust^(a)		20,768		1,748,666
Washington Real Estate Investment Trust		12,857		381,853
Weingarten Realty Investors		19,127		505,527
Weyerhaeuser Co.		58,487		1,282,035
Winthrop Realty Trust		6,741		78,128

Total Real Estate Investment Trusts (REITs)				35,018,903
Retail – 0.3%
Big 5 Sporting Goods Corp.		2,047		16,048
Brown Shoe Co., Inc.		3,998		36,902
Cato Corp. (The) Class A		3,048		84,247
Darden Restaurants, Inc.		15,722		804,338
Einstein Noah Restaurant Group, Inc.		1,683		25,110
Hot Topic, Inc.		4,988		50,628
PF Chang’s China Bistro, Inc.		2,110		83,387
RadioShack Corp.^(a)		14,300		88,946

Total Retail				1,189,606
Savings & Loans – 1.0%
Astoria Financial Corp.		18,499		182,400
Berkshire Hills Bancorp, Inc.		2,061		47,238
Brookline Bancorp, Inc.		7,601		71,221
Dime Community Bancshares, Inc.		5,008		73,167
First Niagara Financial Group, Inc.		64,755		637,189
Flushing Financial Corp.		3,447		46,397
Hudson City Bancorp, Inc.		86,294		630,809
New York Community Bancorp, Inc.^(a)		110,091		1,531,366
Northwest Bancshares, Inc.		11,579		147,053
OceanFirst Financial Corp.		1,709		24,336
Oritani Financial Corp.		5,391		79,140
People’s United Financial, Inc.		54,727		724,586
Provident Financial Services, Inc.		6,745		98,005
Provident New York Bancorp		3,957		33,476
Westfield Financial, Inc.		2,678		21,183

Total Savings & Loans				4,347,566
Semiconductors – 4.1%
Brooks Automation, Inc.		6,227		76,779
Intel Corp.		545,832		15,343,337
Intersil Corp. Class A		17,733		198,610
Maxim Integrated Products, Inc.		30,688		877,370
Microchip Technology, Inc.^(a)		23,389		870,071

Total Semiconductors				17,366,167
Telecommunications – 13.9%
Alaska Communications Systems Group, Inc.^(a)		25,013		77,040
AT&T, Inc.		1,052,245		32,861,611
CenturyLink, Inc.		150,782		5,827,724
Comtech Telecommunications Corp.		2,501		81,483
Consolidated Communications Holdings, Inc.		7,431		145,871
Frontier Communications Corp.^(a)		456,667		1,904,301

See Notes to Financial Statements.


26		WisdomTree Domestic Dividend Funds

Schedule of Investments (concluded)

WisdomTree Equity Income Fund (DHS)

March 31, 2012


Investments	Shares		Value

IDT Corp. Class B		5,888	$	54,994
NTELOS Holdings Corp.		5,145		106,501
USA Mobility, Inc.		4,606		64,162
Verizon Communications, Inc.		440,208		16,829,152
Windstream Corp.		136,086		1,593,567

Total Telecommunications				59,546,406
Toys/Games/Hobbies – 0.1%
Hasbro, Inc.		13,717		503,688
Transportation – 0.0%
Alexander & Baldwin, Inc.		4,018		194,672
Trucking & Leasing – 0.1%
TAL International Group, Inc.		7,819		287,035
Water – 0.0%
California Water Service Group		4,262		77,611
Connecticut Water Service, Inc.		753		21,302
Middlesex Water Co.		1,899		35,872

Total Water				134,785
TOTAL COMMON STOCKS (Cost: $391,441,524)				426,326,776
EXCHANGE-TRADED FUND – 0.1%
WisdomTree Total Dividend Fund^(a)(b)
(Cost: $335,913)		7,437		394,979
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.1%
MONEY MARKET FUND – 3.1%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(c)
(Cost: $13,389,390)^(d)		13,389,390		13,389,390
TOTAL INVESTMENTS IN SECURITIES – 102.8% (Cost: $405,166,827)				440,111,145
Liabilities in Excess of Other Assets – (2.8)%				(12,193,581	)

NET ASSETS – 100.0%			$	427,917,564

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Affiliated company. (See Note 7).

^(c)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(d)	At March 31, 2012, the total market value of the Fund’s securities on loan was $13,025,793 and the total market value of the collateral held by the Fund was $13,389,390.

See Notes to Financial Statements.


WisdomTree Domestic Dividend Funds			27

Schedule of Investments

WisdomTree LargeCap Dividend Fund (DLN)

March 31, 2012


Investments	Shares		Value

UNITED STATES – 100.5%
COMMON STOCKS – 99.7%
Advertising – 0.1%
Omnicom Group, Inc.^(a)		28,605	$	1,448,843
Aerospace/Defense – 2.7%
Boeing Co. (The)		78,674		5,850,985
General Dynamics Corp.		46,420		3,406,300
Goodrich Corp.		5,292		663,828
L-3 Communications Holdings, Inc.		12,425		879,317
Lockheed Martin Corp.		74,489		6,693,582
Northrop Grumman Corp.		41,564		2,538,729
Raytheon Co.		58,204		3,072,007
Rockwell Collins, Inc.		11,979		689,511
United Technologies Corp.		104,191		8,641,602

Total Aerospace/Defense				32,435,861
Agriculture – 4.6%
Altria Group, Inc.		517,433		15,973,156
Archer-Daniels-Midland Co.		74,512		2,359,050
Lorillard, Inc.		28,667		3,711,803
Philip Morris International, Inc.		313,608		27,788,805
Reynolds American, Inc.		142,654		5,911,582

Total Agriculture				55,744,396
Apparel – 0.5%
Coach, Inc.		19,240		1,486,867
NIKE, Inc. Class B		25,043		2,715,663
Ralph Lauren Corp.		1,347		234,822
VF Corp.		10,814		1,578,628

Total Apparel				6,015,980
Auto Manufacturers – 0.1%
PACCAR, Inc.		30,020		1,405,837
Auto Parts & Equipment – 0.2%
Johnson Controls, Inc.		74,047		2,405,047
Banks – 6.0%
Bank of America Corp.		336,180		3,217,243
Bank of New York Mellon Corp. (The)		149,534		3,608,255
BB&T Corp.		84,240		2,644,294
Capital One Financial Corp.		9,127		508,739
Citigroup, Inc.		19,230		702,856
Fifth Third Bancorp		107,285		1,507,354
Goldman Sachs Group, Inc. (The)		32,195		4,004,092
JPMorgan Chase & Co.		529,086		24,327,374
KeyCorp		69,555		591,218
M&T Bank Corp.		21,671		1,882,776
Morgan Stanley		111,066		2,181,336
Northern Trust Corp.		30,042		1,425,493
PNC Financial Services Group, Inc.		60,995		3,933,568
State Street Corp.		38,791		1,764,990
SunTrust Banks, Inc.		28,133		679,975
U.S. Bancorp		160,776		5,093,384
Wells Fargo & Co.		429,042		14,647,494

Total Banks				72,720,441

Beverages – 3.2%
Beam, Inc.		10,432	$	611,002
Brown-Forman Corp. Class B		6,796		566,719
Coca-Cola Co. (The)		283,299		20,966,959
Coca-Cola Enterprises, Inc.		28,237		807,578
Dr. Pepper Snapple Group, Inc.		31,820		1,279,482
PepsiCo, Inc.		221,036		14,665,739

Total Beverages				38,897,479
Biotechnology – 0.4%
Amgen, Inc.		73,996		5,030,988
Chemicals – 2.4%
Air Products & Chemicals, Inc.		26,515		2,434,077
Celanese Corp. Series A		3,785		174,791
CF Industries Holdings, Inc.		3,509		640,919
Dow Chemical Co. (The)		202,923		7,029,253
E.I. du Pont de Nemours & Co.		153,754		8,133,587
Ecolab, Inc.		13,199		814,642
Monsanto Co.		41,780		3,332,373
Mosaic Co. (The)		5,729		316,756
PPG Industries, Inc.		19,286		1,847,599
Praxair, Inc.		25,895		2,968,603
Sherwin-Williams Co. (The)		8,026		872,185
Sigma-Aldrich Corp.		5,904		431,346
Valhi, Inc.		4,490		238,195

Total Chemicals				29,234,326
Coal – 0.1%
Consol Energy, Inc.		13,374		456,054
Peabody Energy Corp.		11,846		343,060

Total Coal				799,114
Commercial Services – 0.9%
Automatic Data Processing, Inc.		66,449		3,667,320
Mastercard, Inc. Class A		808		339,796
Moody’s Corp.		17,764		747,864
Paychex, Inc.		69,619		2,157,493
Visa, Inc. Class A		21,479		2,534,522
Western Union Co. (The)		49,831		877,026

Total Commercial Services				10,324,021
Computers – 1.7%
Hewlett-Packard Co.		161,545		3,849,618
International Business Machines Corp.		82,625		17,239,706

Total Computers				21,089,324
Cosmetics/Personal Care – 2.9%
Avon Products, Inc.		101,670		1,968,331
Colgate-Palmolive Co.		55,321		5,409,288
Estee Lauder Cos., Inc. (The) Class A		10,846		671,801
Procter & Gamble Co. (The)		393,823		26,468,844

Total Cosmetics/Personal Care				34,518,264
Distribution/Wholesale – 0.3%
Fastenal Co.^(a)		18,085		978,399
Genuine Parts Co.		21,550		1,352,262
W.W. Grainger, Inc.		4,553		978,030

Total Distribution/Wholesale				3,308,691

See Notes to Financial Statements.


28		WisdomTree Domestic Dividend Funds

Schedule of Investments (continued)

WisdomTree LargeCap Dividend Fund (DLN)

March 31, 2012


Investments	Shares		Value

Diversified Financial Services – 1.6%
American Express Co.		78,241	$	4,527,024
Ameriprise Financial, Inc.		20,237		1,156,140
BlackRock, Inc.		20,460		4,192,254
Charles Schwab Corp. (The)		121,042		1,739,373
CME Group, Inc.		6,792		1,965,129
Discover Financial Services		24,030		801,160
Franklin Resources, Inc.		10,039		1,245,137
NYSE Euronext		52,403		1,572,614
T. Rowe Price Group, Inc.		25,352		1,655,486
TD Ameritrade Holding Corp.		37,994		750,002

Total Diversified Financial Services				19,604,319
Electric – 5.4%
Ameren Corp.		53,924		1,756,844
American Electric Power Co., Inc.		103,268		3,984,079
Consolidated Edison, Inc.		52,781		3,083,466
Dominion Resources, Inc.		98,683		5,053,556
DTE Energy Co.		33,921		1,866,673
Duke Energy Corp.		282,199		5,929,001
Edison International		47,274		2,009,618
Entergy Corp.		36,445		2,449,104
Exelon Corp.		162,626		6,376,566
FirstEnergy Corp.		92,819		4,231,618
NextEra Energy, Inc.		71,530		4,369,052
PG&E Corp.		83,764		3,636,195
PPL Corp.		124,230		3,510,740
Progress Energy, Inc.		59,452		3,157,496
Public Service Enterprise Group, Inc.		98,196		3,005,780
Southern Co. (The)		162,713		7,310,695
Wisconsin Energy Corp.		31,774		1,117,809
Xcel Energy, Inc.		85,780		2,270,597

Total Electric				65,118,889
Electrical Components & Equipment – 0.5%
AMETEK, Inc.		4,492		217,907
Emerson Electric Co.		105,145		5,486,466

Total Electrical Components & Equipment				5,704,373
Electronics – 0.5%
Amphenol Corp. Class A		7,189		429,686
Honeywell International, Inc.		97,931		5,978,688

Total Electronics				6,408,374
Engineering & Construction – 0.0%
Fluor Corp.		7,304		438,532
Environmental Control – 0.4%
Republic Services, Inc.		53,189		1,625,456
Waste Management, Inc.		86,743		3,032,535

Total Environmental Control				4,657,991
Food – 2.7%
Campbell Soup Co.		50,562		1,711,524
ConAgra Foods, Inc.		69,569		1,826,882
General Mills, Inc.		86,929		3,429,349
H.J. Heinz Co.		51,399		2,752,416

Hershey Co. (The)		17,006	$	1,042,978
Hormel Foods Corp.		25,350		748,332
J.M. Smucker Co. (The)		12,621		1,026,845
Kellogg Co.		55,738		2,989,229
Kraft Foods, Inc. Class A		250,054		9,504,552
Kroger Co. (The)		51,377		1,244,865
Safeway, Inc.		41,337		835,421
Sara Lee Corp.		65,556		1,411,421
Sysco Corp.		96,227		2,873,338
Whole Foods Market, Inc.		6,501		540,883

Total Food				31,938,035
Forest Products & Paper – 0.2%
International Paper Co.		73,137		2,567,109
Gas – 0.3%
CenterPoint Energy, Inc.		79,204		1,561,903
Sempra Energy		38,830		2,328,247

Total Gas				3,890,150
Hand/Machine Tools – 0.1%
Stanley Black & Decker, Inc.		19,225		1,479,556
Healthcare-Products – 1.2%
Baxter International, Inc.		68,506		4,095,288
Becton Dickinson and Co.		23,686		1,839,218
C.R. Bard, Inc.		3,683		363,586
Medtronic, Inc.		127,225		4,985,948
St. Jude Medical, Inc.		34,040		1,508,312
Stryker Corp.		25,777		1,430,108

Total Healthcare-Products				14,222,460
Healthcare-Services – 0.7%
Aetna, Inc.		23,780		1,192,805
Cigna Corp.		1,374		67,670
Humana, Inc.		8,276		765,364
Quest Diagnostics, Inc.		8,363		511,397
UnitedHealth Group, Inc.		63,932		3,768,152
WellPoint, Inc.		23,536		1,736,957

Total Healthcare-Services				8,042,345
Household Products/Wares – 0.5%
Clorox Co. (The)		21,419		1,472,556
Kimberly-Clark Corp.		69,278		5,118,952

Total Household Products/Wares				6,591,508
Insurance – 2.1%
Aflac, Inc.		64,630		2,972,334
Allstate Corp. (The)		70,910		2,334,357
Chubb Corp. (The)		28,559		1,973,713
CNA Financial Corp.		17,800		522,074
Hartford Financial Services Group, Inc.		47,581		1,003,008
Loews Corp.		11,728		467,595
Marsh & McLennan Cos., Inc.		67,799		2,223,129
MetLife, Inc.		111,833		4,176,963
Principal Financial Group, Inc.		39,640		1,169,776
Progressive Corp. (The)		57,716		1,337,857
Prudential Financial, Inc.		62,419		3,956,740

See Notes to Financial Statements.


WisdomTree Domestic Dividend Funds			29

Schedule of Investments (continued)

WisdomTree LargeCap Dividend Fund (DLN)

March 31, 2012


Investments	Shares		Value

Travelers Cos., Inc. (The)		53,181	$	3,148,315

Total Insurance				25,285,861
Internet – 0.0%
Expedia, Inc.^(a)		5,441		181,947
Iron/Steel – 0.2%
Cliffs Natural Resources, Inc.		11,051		765,392
Nucor Corp.		51,359		2,205,869

Total Iron/Steel				2,971,261
Leisure Time – 0.1%
Harley-Davidson, Inc.		14,121		693,059
Lodging – 0.2%
Marriott International, Inc. Class A		20,649		781,565
Starwood Hotels & Resorts Worldwide, Inc.		9,428		531,833
Wynn Resorts Ltd.		10,589		1,322,354

Total Lodging				2,635,752
Machinery-Construction & Mining – 0.6%
Caterpillar, Inc.		60,015		6,392,798
Joy Global, Inc.		4,465		328,177

Total Machinery-Construction & Mining				6,720,975
Machinery-Diversified – 0.5%
Cummins, Inc.		15,366		1,844,535
Deere & Co.		40,132		3,246,679
Rockwell Automation, Inc.		14,643		1,167,047
Roper Industries, Inc.		2,694		267,137

Total Machinery-Diversified				6,525,398
Media – 2.4%
CBS Corp. Class B		42,692		1,447,686
Comcast Corp. Class A		178,264		5,349,703
Comcast Corp. Special Class A		53,698		1,584,628
McGraw-Hill Cos., Inc. (The)		30,593		1,482,843
News Corp. Class A		83,947		1,652,916
News Corp. Class B		36,362		726,513
Time Warner Cable, Inc.		43,491		3,544,516
Time Warner, Inc.		122,649		4,630,000
Viacom, Inc. Class B		51,661		2,451,831
Walt Disney Co. (The)		136,325		5,968,308

Total Media				28,838,944
Metal Fabricate/Hardware – 0.0%
Precision Castparts Corp.		548		94,749
Mining – 1.6%
Alcoa, Inc.		62,275		623,995
Freeport-McMoRan Copper & Gold, Inc.		110,471		4,202,317
Newmont Mining Corp.		48,135		2,467,881
Southern Copper Corp.^(a)		361,451		11,461,611

Total Mining				18,755,804
Miscellaneous Manufacturing – 4.2%
3M Co.		86,198		7,689,724
Danaher Corp.		6,486		363,216
Dover Corp.		18,593		1,170,243
Eaton Corp.		47,455		2,364,683

General Electric Co.		1,679,244	$	33,702,427
Illinois Tool Works, Inc.		66,562		3,802,021
Parker Hannifin Corp.		12,846		1,086,129

Total Miscellaneous Manufacturing				50,178,443
Office/Business Equipment – 0.1%
Xerox Corp.		132,094		1,067,319
Oil & Gas – 9.4%
Anadarko Petroleum Corp.		10,752		842,312
Apache Corp.		11,464		1,151,444
Cabot Oil & Gas Corp.		1,483		46,225
Chesapeake Energy Corp.		44,730		1,036,394
Chevron Corp.		282,669		30,313,424
ConocoPhillips		224,876		17,092,825
Devon Energy Corp.		19,677		1,399,428
Diamond Offshore Drilling, Inc.^(a)		5,364		358,047
EOG Resources, Inc.		8,570		952,127
EQT Corp.		10,525		507,410
Exxon Mobil Corp.		499,160		43,292,147
Hess Corp.		11,013		649,216
Marathon Oil Corp.		69,255		2,195,384
Marathon Petroleum Corp.		46,545		2,018,191
Murphy Oil Corp.		18,090		1,017,924
Noble Energy, Inc.		7,673		750,266
Occidental Petroleum Corp.		74,928		7,135,394
Pioneer Natural Resources Co.		560		62,490
Range Resources Corp.		1,892		110,001
Valero Energy Corp.		71,344		1,838,535

Total Oil & Gas				112,769,184
Oil & Gas Services – 0.3%
Baker Hughes, Inc.		24,976		1,047,493
Halliburton Co.		46,782		1,552,695
National Oilwell Varco, Inc.		13,574		1,078,726

Total Oil & Gas Services				3,678,914
Pharmaceuticals – 10.1%
Abbott Laboratories		242,745		14,877,841
Allergan, Inc.		3,246		309,766
AmerisourceBergen Corp.		17,231		683,726
Bristol-Myers Squibb Co.		293,206		9,895,702
Cardinal Health, Inc.		32,241		1,389,910
Eli Lilly & Co.		250,030		10,068,708
Johnson & Johnson		433,135		28,569,585
McKesson Corp.		11,292		991,099
Mead Johnson Nutrition Co.		12,825		1,057,806
Merck & Co., Inc.		631,361		24,244,262
Perrigo Co.		1,345		138,952
Pfizer, Inc.		1,298,514		29,424,327

Total Pharmaceuticals				121,651,684
Pipelines – 1.0%
El Paso Corp.		5,532		163,471
Kinder Morgan, Inc.^(a)		127,261		4,918,638
ONEOK, Inc.		12,219		997,803
Spectra Energy Corp.		110,710		3,492,900

See Notes to Financial Statements.


30		WisdomTree Domestic Dividend Funds

Schedule of Investments (concluded)

WisdomTree LargeCap Dividend Fund (DLN)

March 31, 2012


Investments	Shares		Value

Williams Cos., Inc. (The)		84,031	$	2,588,995

Total Pipelines				12,161,807
Real Estate Investment Trusts (REITs) – 3.0%
AvalonBay Communities, Inc.		11,911		1,683,620
Boston Properties, Inc.		13,929		1,462,406
Digital Realty Trust, Inc.^(a)		19,223		1,421,925
Equity Residential		32,251		2,019,558
General Growth Properties, Inc.		120,743		2,051,424
HCP, Inc.		88,972		3,510,835
Health Care REIT, Inc.		47,293		2,599,223
Host Hotels & Resorts, Inc.		35,513		583,123
Macerich Co. (The)		25,817		1,490,932
ProLogis, Inc.		85,496		3,079,566
Public Storage		22,590		3,121,260
Simon Property Group, Inc.		38,697		5,637,379
Ventas, Inc.		43,645		2,492,129
Vornado Realty Trust^(a)		30,844		2,597,065
Weyerhaeuser Co.		84,718		1,857,019

Total Real Estate Investment Trusts (REITs)				35,607,464
Retail – 6.7%
Best Buy Co., Inc.^(a)		43,333		1,026,126
Costco Wholesale Corp.		22,138		2,010,130
CVS Caremark Corp.		76,934		3,446,643
Family Dollar Stores, Inc.		6,489		410,624
Gap, Inc. (The)		55,059		1,439,242
Home Depot, Inc. (The)		200,936		10,109,090
J.C. Penney Co., Inc.		23,235		823,216
Kohl’s Corp.		23,451		1,173,254
Lowe’s Cos., Inc.		126,353		3,964,957
Ltd. Brands, Inc.		26,767		1,284,816
Macy’s, Inc.		24,144		959,241
McDonald’s Corp.		129,512		12,705,127
Nordstrom, Inc.		18,238		1,016,221
Ross Stores, Inc.		9,634		559,735
Staples, Inc.		85,786		1,388,018
Starbucks Corp.		51,796		2,894,879
Target Corp.		67,249		3,918,599
Tiffany & Co.		10,152		701,808
TJX Cos., Inc.		41,100		1,632,081
Walgreen Co.		104,104		3,486,443
Wal-Mart Stores, Inc.		382,699		23,421,179
Yum! Brands, Inc.		40,300		2,868,554

Total Retail				81,239,983
Semiconductors – 3.7%
Altera Corp.		13,214		526,181
Analog Devices, Inc.		38,704		1,563,642
Applied Materials, Inc.		178,164		2,216,360
Intel Corp.		807,721		22,705,037
KLA-Tencor Corp.		21,700		1,180,914
Linear Technology Corp.		33,366		1,124,434
Maxim Integrated Products, Inc.		45,045		1,287,837
Microchip Technology, Inc.^(a)		34,678		1,290,022
QUALCOMM, Inc.		119,532		8,130,567

Texas Instruments, Inc.		120,954	$	4,065,264
Xilinx, Inc.		29,170		1,062,663

Total Semiconductors				45,152,921
Software – 3.8%
Activision Blizzard, Inc.		70,540		904,323
CA, Inc.		21,421		590,363
Fidelity National Information Services, Inc.		10,957		362,896
Intuit, Inc.		14,961		899,605
Microsoft Corp.		1,157,809		37,339,340
Oracle Corp.		177,557		5,177,562

Total Software				45,274,089
Telecommunications – 7.7%
AT&T, Inc.		1,553,234		48,507,498
CenturyLink, Inc.		224,468		8,675,688
Cisco Systems, Inc.		316,493		6,693,827
Corning, Inc.		155,802		2,193,692
Motorola Solutions, Inc.		26,888		1,366,717
Verizon Communications, Inc.		652,112		24,930,242

Total Telecommunications				92,367,664
Toys/Games/Hobbies – 0.1%
Mattel, Inc.		49,374		1,661,929
Transportation – 1.7%
C.H. Robinson Worldwide, Inc.^(a)		12,590		824,519
CSX Corp.		109,924		2,365,564
Expeditors International of Washington, Inc.		11,498		534,772
FedEx Corp.		9,296		854,860
Norfolk Southern Corp.		36,337		2,392,065
Union Pacific Corp.		52,288		5,619,914
United Parcel Service, Inc. Class B		93,997		7,587,438

Total Transportation				20,179,132
TOTAL COMMON STOCKS (Cost: $1,076,491,880)				1,201,736,536
EXCHANGE-TRADED FUND – 0.0%
WisdomTree Total Dividend Fund^(a)(b) (Cost: $284,532)		6,172		327,795
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.8%
MONEY MARKET FUND – 0.8%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(c)
(Cost: $9,686,394)^(d)		9,686,394		9,686,394
TOTAL INVESTMENTS IN SECURITIES – 100.5% (Cost: $1,086,462,806)				1,211,750,725
Liabilities in Excess of Other Assets – (0.5)%				(6,536,032	)

NET ASSETS – 100.0%			$	1,205,214,693

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Affiliated company. (See Note 7).

^(c)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(d)	At March 31, 2012, the total market value of the Fund’s securities on loan was $9,444,278 and the total market value of the collateral held by the Fund was $9,686,394.

See Notes to Financial Statements.


WisdomTree Domestic Dividend Funds			31

Schedule of Investments

WisdomTree Dividend ex-Financials Fund (DTN)

March 31, 2012


Investments	Shares		Value

UNITED STATES – 105.0%
COMMON STOCKS – 99.5%
Aerospace/Defense – 3.9%
Lockheed Martin Corp.		229,640	$	20,635,450
Northrop Grumman Corp.		217,299		13,272,623
Raytheon Co.		286,222		15,106,797

Total Aerospace/Defense				49,014,870
Agriculture – 5.9%
Altria Group, Inc.		678,163		20,934,892
Lorillard, Inc.		146,607		18,982,674
Philip Morris International, Inc.		184,180		16,320,190
Reynolds American, Inc.		452,111		18,735,480

Total Agriculture				74,973,236
Chemicals – 5.2%
Air Products & Chemicals, Inc.		117,775		10,811,745
Dow Chemical Co. (The)		486,813		16,863,202
E.I. du Pont de Nemours & Co.		271,915		14,384,304
Eastman Chemical Co.		248,420		12,840,830
PPG Industries, Inc.		110,448		10,580,918

Total Chemicals				65,480,999
Commercial Services – 4.1%
Automatic Data Processing, Inc.		206,637		11,404,296
H&R Block, Inc.		848,466		13,974,235
Iron Mountain, Inc.		385,111		11,091,197
Paychex, Inc.		514,490		15,944,045

Total Commercial Services				52,413,773
Cosmetics/Personal Care – 1.7%
Avon Products, Inc.		1,092,087		21,142,804
Distribution/Wholesale – 0.9%
Genuine Parts Co.		183,802		11,533,575
Electric – 12.9%
Ameren Corp.		509,519		16,600,129
American Electric Power Co., Inc.		417,345		16,101,170
Duke Energy Corp.		784,367		16,479,551
Entergy Corp.		228,865		15,379,728
Exelon Corp.		376,369		14,757,429
FirstEnergy Corp.		384,061		17,509,341
Pepco Holdings, Inc.		968,434		18,293,718
PG&E Corp.		415,539		18,038,548
PPL Corp.		555,454		15,697,130
Progress Energy, Inc.		285,764		15,176,926

Total Electric				164,033,670
Electrical Components & Equipment – 0.9%
Emerson Electric Co.		214,013		11,167,198
Environmental Control – 2.3%
Republic Services, Inc.		408,098		12,471,475
Waste Management, Inc.		470,458		16,447,212

Total Environmental Control				28,918,687
Food – 3.1%
ConAgra Foods, Inc.		513,376		13,481,254
H.J. Heinz Co.		236,516		12,665,432

Sysco Corp.		447,726	$	13,369,098

Total Food				39,515,784
Forest Products & Paper – 2.3%
International Paper Co.		461,715		16,206,197
MeadWestvaco Corp.		410,631		12,971,833

Total Forest Products & Paper				29,178,030
Healthcare-Products – 3.1%
Baxter International, Inc.		183,406		10,964,011
Becton Dickinson and Co.		116,947		9,080,934
Medtronic, Inc.		258,099		10,114,900
St. Jude Medical, Inc.		221,736		9,825,122

Total Healthcare-Products				39,984,967
Household Products/Wares – 2.2%
Clorox Co. (The)		194,778		13,390,988
Kimberly-Clark Corp.		190,414		14,069,690

Total Household Products/Wares				27,460,678
Iron/Steel – 1.1%
Nucor Corp.		324,716		13,946,552
Media – 1.9%
Time Warner Cable, Inc.		175,052		14,266,738
Time Warner, Inc.		272,818		10,298,880

Total Media				24,565,618
Mining – 3.4%
Freeport-McMoRan Copper & Gold, Inc.		230,852		8,781,610
Southern Copper Corp.		1,068,765		33,890,538

Total Mining				42,672,148
Miscellaneous Manufacturing – 3.3%
Eaton Corp.		247,583		12,337,061
General Electric Co.		773,447		15,523,081
Illinois Tool Works, Inc.		236,582		13,513,564

Total Miscellaneous Manufacturing				41,373,706
Oil & Gas – 5.9%
Chevron Corp.		107,045		11,479,506
ConocoPhillips		183,950		13,982,039
Exxon Mobil Corp.		100,607		8,725,645
Marathon Oil Corp.		271,321		8,600,876
Marathon Petroleum Corp.		312,266		13,539,854
Murphy Oil Corp.		131,030		7,373,058
Valero Energy Corp.		453,466		11,685,819

Total Oil & Gas				75,386,797
Pharmaceuticals – 7.1%
Abbott Laboratories		221,556		13,579,167
Bristol-Myers Squibb Co.		407,937		13,767,874
Eli Lilly & Co.		440,910		17,755,445
Johnson & Johnson		191,007		12,598,822
Merck & Co., Inc.		452,392		17,371,853
Pfizer, Inc.		651,933		14,772,802

Total Pharmaceuticals				89,845,963
Pipelines – 3.4%
Kinder Morgan, Inc.^(a)		478,801		18,505,659

See Notes to Financial Statements.


32		WisdomTree Domestic Dividend Funds

Schedule of Investments (concluded)

WisdomTree Dividend ex-Financials Fund (DTN)

March 31, 2012


Investments	Shares		Value

Spectra Energy Corp.^(a)		448,221	$	14,141,372
Williams Cos., Inc. (The)		347,146		10,695,568

Total Pipelines				43,342,599
Retail – 3.8%
Darden Restaurants, Inc.		285,821		14,622,602
Home Depot, Inc. (The)		258,087		12,984,357
McDonald’s Corp.		102,628		10,067,807
Staples, Inc.		668,961		10,823,789

Total Retail				48,498,555
Semiconductors – 7.2%
Analog Devices, Inc.		291,302		11,768,601
Applied Materials, Inc.		983,062		12,229,291
Intel Corp.		493,823		13,881,365
KLA-Tencor Corp.		223,963		12,188,067
Linear Technology Corp.		374,069		12,606,125
Maxim Integrated Products, Inc.		467,136		13,355,418
Microchip Technology, Inc.^(a)		405,282		15,076,490

Total Semiconductors				91,105,357
Software – 1.1%
Microsoft Corp.		417,980		13,479,855
Telecommunications – 10.8%
AT&T, Inc.		703,793		21,979,455
CenturyLink, Inc.		748,003		28,910,316
Frontier Communications Corp.^(a)		9,190,928		38,326,170
Verizon Communications, Inc.		472,348		18,057,864
Windstream Corp.		2,574,088		30,142,571

Total Telecommunications				137,416,376
Toys/Games/Hobbies – 2.0%
Hasbro, Inc.		338,646		12,435,081
Mattel, Inc.		392,190		13,201,116

Total Toys/Games/Hobbies				25,636,197
TOTAL COMMON STOCKS (Cost: $1,145,035,294)				1,262,087,994
EXCHANGE-TRADED FUNDS – 0.2%
WisdomTree LargeCap Dividend Fund^(b)		30,125		1,595,420
WisdomTree MidCap Dividend Fund^(b)		28,241		1,589,686

TOTAL EXCHANGE-TRADED FUNDS (Cost: $2,568,371)				3,185,106
SHORT-TERM INVESTMENT – 0.0%
MONEY MARKET FUND – 0.0%
Invesco Treasury Fund Private Class, 0.02%^(c)
(Cost: $152,451)		152,451		152,451
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 5.3%
MONEY MARKET FUND – 5.3%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(c)
(Cost: $66,956,110)^(d)		66,956,110		66,956,110
TOTAL INVESTMENTS IN SECURITIES – 105.0% (Cost: $1,214,712,226)				1,332,381,661
Liabilities in Excess of Other Assets – (5.0)%				(63,570,143	)

NET ASSETS – 100.0%			$	1,268,811,518

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Affiliated company. (See Note 7).

^(c)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(d)	At March 31, 2012, the total market value of the Fund’s securities on loan was $64,738,950 and the total market value of the collateral held by the Fund was $66,956,110.

See Notes to Financial Statements.


WisdomTree Domestic Dividend Funds			33

Schedule of Investments

WisdomTree MidCap Dividend Fund (DON)

March 31, 2012


Investments	Shares		Value

UNITED STATES – 108.0%
COMMON STOCKS – 99.3%
Advertising – 0.4%
Interpublic Group of Cos., Inc. (The)		130,616	$	1,490,329
Aerospace/Defense – 0.1%
Alliant Techsystems, Inc.		4,942		247,693
Triumph Group, Inc.		1,435		89,917

Total Aerospace/Defense				337,610
Airlines – 0.0%
Southwest Airlines Co.		18,434		151,896
Apparel – 0.2%
Columbia Sportswear Co.^(a)		6,342		300,928
Wolverine World Wide, Inc.		6,990		259,888

Total Apparel				560,816
Auto Parts & Equipment – 0.2%
Lear Corp.		14,863		690,981
Banks – 4.2%
Associated Banc-Corp.		7,024		98,055
Bank of Hawaii Corp.^(a)		20,933		1,012,111
BOK Financial Corp.		17,501		984,956
CapitalSource, Inc.		18,823		124,232
City National Corp.^(a)		10,632		557,861
Comerica, Inc.		33,089		1,070,760
Commerce Bancshares, Inc.		22,247		901,448
Cullen/Frost Bankers, Inc.^(a)		23,196		1,349,775
East West Bancorp, Inc.		17,275		398,880
First Horizon National Corp.		15,486		160,745
FirstMerit Corp.		51,827		873,803
Fulton Financial Corp.		45,905		482,003
Hancock Holding Co.		28,695		1,018,960
Huntington Bancshares, Inc.		288,006		1,857,639
Prosperity Bancshares, Inc.		10,215		467,847
Regions Financial Corp.		132,458		872,898
TCF Financial Corp.		35,188		418,385
Valley National Bancorp^(a)		106,669		1,381,364
Webster Financial Corp.		9,932		225,158
Zions Bancorp.		5,040		108,158

Total Banks				14,365,038
Beverages – 0.9%
Brown-Forman Corp. Class A		10,833		882,456
Molson Coors Brewing Co. Class B		51,341		2,323,180

Total Beverages				3,205,636
Building Materials – 1.0%
Lennox International, Inc.		12,265		494,280
Martin Marietta Materials, Inc.^(a)		10,722		918,125
Masco Corp.		130,486		1,744,598
Simpson Manufacturing Co., Inc.		7,938		256,000

Total Building Materials				3,413,003
Chemicals – 4.0%
Airgas, Inc.		13,621		1,211,861
Albemarle Corp.		13,564		867,011
Ashland, Inc.		10,978		670,317

Cabot Corp.		15,602	$	665,893
Cytec Industries, Inc.		5,934		360,728
Eastman Chemical Co.		42,232		2,182,972
FMC Corp.		5,350		566,351
Huntsman Corp.		104,143		1,459,044
International Flavors & Fragrances, Inc.		20,132		1,179,735
Kronos Worldwide, Inc.^(a)		43,111		1,075,188
NewMarket Corp.		2,215		415,091
RPM International, Inc.		51,631		1,352,216
Sensient Technologies Corp.		12,390		470,820
Valspar Corp.		19,563		944,697
Westlake Chemical Corp.		5,213		337,750

Total Chemicals				13,759,674
Coal – 0.3%
Arch Coal, Inc.		68,123		729,597
Walter Energy, Inc.		5,307		314,228

Total Coal				1,043,825
Commercial Services – 4.0%
Aaron’s, Inc.		1,752		45,377
DeVry, Inc.		6,230		211,010
Equifax, Inc.		21,537		953,228
Global Payments, Inc.		1,479		70,208
H&R Block, Inc.		124,440		2,049,527
Iron Mountain, Inc.		66,398		1,912,262
Lender Processing Services, Inc.		20,460		531,960
Manpower, Inc.		19,897		942,521
Morningstar, Inc.		1,825		115,066
R.R. Donnelley & Sons Co.^(a)		146,613		1,816,535
Rent-A-Center, Inc.		11,350		428,462
Robert Half International, Inc.		31,690		960,207
Rollins, Inc.		19,787		421,067
SEI Investments Co.		28,467		588,982
Service Corp. International		49,227		554,296
Sotheby’s		8,282		325,814
Total System Services, Inc.		43,840		1,011,389
Towers Watson & Co. Class A		3,713		245,318
Weight Watchers International, Inc.^(a)		9,261		714,857

Total Commercial Services				13,898,086
Computers – 1.2%
Computer Sciences Corp.		52,143		1,561,161
Diebold, Inc.		25,879		996,859
DST Systems, Inc.		6,996		379,393
Jack Henry & Associates, Inc.		11,604		395,929
Lexmark International, Inc. Class A		24,166		803,278
Syntel, Inc.		2,260		126,560

Total Computers				4,263,180
Distribution/Wholesale – 0.4%
Owens & Minor, Inc.		18,986		577,364
Watsco, Inc.		11,899		881,002

Total Distribution/Wholesale				1,458,366
Diversified Financial Services – 2.6%
CBOE Holdings, Inc.		18,000		511,560

See Notes to Financial Statements.


34		WisdomTree Domestic Dividend Funds

Schedule of Investments (continued)

WisdomTree MidCap Dividend Fund (DON)

March 31, 2012


Investments	Shares		Value

Eaton Vance Corp.^(a)		40,760	$	1,164,921
Federated Investors, Inc. Class B^(a)		70,061		1,570,067
Jefferies Group, Inc.		50,573		952,795
Legg Mason, Inc.		19,881		555,276
Raymond James Financial, Inc.		23,729		866,820
SLM Corp.		163,855		2,582,355
Waddell & Reed Financial, Inc. Class A		29,616		959,855

Total Diversified Financial Services				9,163,649
Electric – 10.1%
Alliant Energy Corp.		47,437		2,054,971
Cleco Corp.		22,458		890,460
CMS Energy Corp.		108,839		2,394,458
Great Plains Energy, Inc.		58,497		1,185,734
Hawaiian Electric Industries, Inc.		48,456		1,228,360
IDACORP, Inc.		15,353		631,315
Integrys Energy Group, Inc.		44,322		2,348,623
ITC Holdings Corp.		10,559		812,409
MDU Resources Group, Inc.		64,922		1,453,603
National Fuel Gas Co.		22,475		1,081,497
Northeast Utilities		59,209		2,197,838
NSTAR		40,877		1,987,848
NV Energy, Inc.		85,028		1,370,651
OGE Energy Corp.		29,363		1,570,920
Pepco Holdings, Inc.		132,891		2,510,311
Pinnacle West Capital Corp.		53,063		2,541,718
PNM Resources, Inc.		26,354		482,278
Portland General Electric Co.		34,016		849,720
SCANA Corp.^(a)		62,019		2,828,687
TECO Energy, Inc.		107,552		1,887,538
UIL Holdings Corp.		26,755		930,004
Westar Energy, Inc.		58,290		1,628,040

Total Electric				34,866,983
Electrical Components & Equipment – 0.9%
Acuity Brands, Inc.		4,637		291,343
Hubbell, Inc. Class B		13,418		1,054,386
Molex, Inc.		35,080		986,450
Molex, Inc. Class A		35,412		830,411

Total Electrical Components & Equipment				3,162,590
Electronics – 1.1%
AVX Corp.		42,600		564,876
FLIR Systems, Inc.		15,767		399,063
Gentex Corp.		26,621		652,215
Jabil Circuit, Inc.		36,020		904,822
National Instruments Corp.		19,990		570,115
PerkinElmer, Inc.		18,576		513,812
Woodward, Inc.		5,288		226,485

Total Electronics				3,831,388
Engineering & Construction – 0.2%
EMCOR Group, Inc.		5,871		162,744
KBR, Inc.		12,512		444,802

Total Engineering & Construction				607,546

Entertainment – 1.1%
Cinemark Holdings, Inc.		59,146	$	1,298,255
International Game Technology		47,275		793,747
Regal Entertainment Group Class A^(a)		88,985		1,210,196
Six Flags Entertainment Corp.		3,802		177,819
Vail Resorts, Inc.		5,475		236,794

Total Entertainment				3,716,811
Environmental Control – 0.3%
Covanta Holding Corp.		32,452		526,696
Waste Connections, Inc.		13,213		429,819

Total Environmental Control				956,515
Food – 1.3%
Corn Products International, Inc.		10,348		596,562
Flowers Foods, Inc.^(a)		44,803		912,637
Harris Teeter Supermarkets, Inc.		6,848		274,605
Lancaster Colony Corp.		6,047		401,884
McCormick & Co., Inc.		31,878		1,735,120
Tyson Foods, Inc. Class A		25,096		480,588

Total Food				4,401,396
Forest Products & Paper – 0.6%
MeadWestvaco Corp.		63,931		2,019,580
Gas – 3.7%
AGL Resources, Inc.		36,753		1,441,453
Atmos Energy Corp.		40,851		1,285,172
New Jersey Resources Corp.		14,080		627,546
NiSource, Inc.		123,705		3,012,217
Piedmont Natural Gas Co., Inc.		26,394		820,062
Questar Corp.		64,082		1,234,219
South Jersey Industries, Inc.		9,396		470,176
Southwest Gas Corp.		12,775		546,003
UGI Corp.		45,597		1,242,518
Vectren Corp.		42,431		1,233,045
WGL Holdings, Inc.		19,954		812,128

Total Gas				12,724,539
Hand/Machine Tools – 0.8%
Kennametal, Inc.		13,160		586,015
Lincoln Electric Holdings, Inc.		16,094		729,380
Regal-Beloit Corp.		6,554		429,615
Snap-On, Inc.		16,889		1,029,722

Total Hand/Machine Tools				2,774,732
Healthcare-Products – 0.8%
Cooper Cos., Inc. (The)		458		37,423
DENTSPLY International, Inc.		9,257		371,484
Hill-Rom Holdings, Inc.		8,858		295,946
Patterson Cos., Inc.		20,846		696,256
STERIS Corp.		14,749		466,363
Techne Corp.		6,673		467,777
Teleflex, Inc.		9,846		602,083

Total Healthcare-Products				2,937,332
Healthcare-Services – 0.3%
Lincare Holdings, Inc.		31,015		802,668

See Notes to Financial Statements.


WisdomTree Domestic Dividend Funds			35

Schedule of Investments (continued)

WisdomTree MidCap Dividend Fund (DON)

March 31, 2012


Investments	Shares		Value

Universal Health Services, Inc. Class B		5,139	$	215,376

Total Healthcare-Services				1,018,044
Holding Companies-Diversified – 0.2%
Leucadia National Corp.^(a)		29,016		757,318
Home Builders – 0.3%
D.R. Horton, Inc.		42,288		641,509
Lennar Corp. Class A^(a)		14,291		388,429

Total Home Builders				1,029,938
Home Furnishings – 0.8%
Harman International Industries, Inc.		6,391		299,163
Whirlpool Corp.		34,177		2,626,844

Total Home Furnishings				2,926,007
Household Products/Wares – 1.2%
Avery Dennison Corp.		40,711		1,226,622
Church & Dwight Co., Inc.		22,975		1,130,140
Scotts Miracle-Gro Co. (The) Class A^(a)		17,632		954,949
Tupperware Brands Corp.		13,215		839,153

Total Household Products/Wares				4,150,864
Housewares – 0.4%
Newell Rubbermaid, Inc.		65,035		1,158,274
Toro Co. (The)		4,838		344,030

Total Housewares				1,502,304
Insurance – 6.5%
American Financial Group, Inc.		20,108		775,767
American National Insurance Co.		12,440		902,149
AmTrust Financial Services, Inc.		9,071		243,829
Arthur J. Gallagher & Co.		47,927		1,712,911
Assurant, Inc.		17,635		714,218
Brown & Brown, Inc.		23,144		550,364
Cincinnati Financial Corp.		92,260		3,183,893
Erie Indemnity Co. Class A		13,696		1,067,466
Fidelity National Financial, Inc. Class A		71,461		1,288,442
Hanover Insurance Group, Inc. (The)		16,543		680,248
Harleysville Group, Inc.		7,380		425,826
HCC Insurance Holdings, Inc.		25,391		791,438
Kemper Corp.		22,296		675,123
Lincoln National Corp.		54,398		1,433,931
Mercury General Corp.		30,988		1,355,415
Old Republic International Corp.		204,119		2,153,455
Primerica, Inc.		4,073		102,680
ProAssurance Corp.		4,120		363,013
Protective Life Corp.		26,644		789,195
Reinsurance Group of America, Inc.		11,319		673,141
Torchmark Corp.		12,059		601,141
Unum Group		63,667		1,558,568
W.R. Berkley Corp.		13,893		501,815

Total Insurance				22,544,028
Internet – 0.1%
IAC/InterActiveCorp		9,703		476,320

Investment Companies – 1.0%
Ares Capital Corp.		208,650	$	3,411,427
Iron/Steel – 1.1%
Allegheny Technologies, Inc.		18,347		755,346
Carpenter Technology Corp.		6,983		364,722
Commercial Metals Co.		42,287		626,694
Reliance Steel & Aluminum Co.		8,096		457,262
Steel Dynamics, Inc.		74,569		1,084,233
United States Steel Corp.^(a)		12,019		352,998

Total Iron/Steel				3,641,255
Leisure Time – 0.3%
Brunswick Corp.		2,682		69,062
Polaris Industries, Inc.		11,281		813,924

Total Leisure Time				882,986
Lodging – 0.5%
Choice Hotels International, Inc.		12,504		466,899
Wyndham Worldwide Corp.		28,331		1,317,675

Total Lodging				1,784,574
Machinery-Diversified – 0.9%
Flowserve Corp.		7,739		893,932
Gardner Denver, Inc.		1,385		87,282
Graco, Inc.		13,333		707,449
IDEX Corp.		16,784		707,110
Nordson Corp.		7,859		428,394
Robbins & Myers, Inc.		1,721		89,578
Wabtec Corp.		897		67,607

Total Machinery-Diversified				2,981,352
Media – 1.5%
Cablevision Systems Corp. Class A		101,425		1,488,919
Factset Research Systems, Inc.		5,720		566,509
Gannett Co., Inc.		61,585		944,098
John Wiley & Sons, Inc. Class A		9,944		473,235
Scripps Networks Interactive, Inc. Class A		12,695		618,119
Viacom, Inc. Class A		11,429		593,965
Washington Post Co. (The) Class B^(a)		1,798		671,679

Total Media				5,356,524
Metal Fabricate/Hardware – 0.4%
Timken Co. (The)		22,182		1,125,515
Valmont Industries, Inc.		2,438		286,245

Total Metal Fabricate/Hardware				1,411,760
Mining – 0.5%
Compass Minerals International, Inc.		8,980		644,225
Hecla Mining Co.^(a)		41,989		193,989
Royal Gold, Inc.		4,808		313,578
Titanium Metals Corp.		37,554		509,232
Vulcan Materials Co.		1,564		66,830

Total Mining				1,727,854
Miscellaneous Manufacturing – 2.7%
Aptargroup, Inc.		12,265		671,754
Carlisle Cos., Inc.		11,236		560,901
CLARCOR, Inc.		5,196		255,072

See Notes to Financial Statements.


36		WisdomTree Domestic Dividend Funds

Schedule of Investments (continued)

WisdomTree MidCap Dividend Fund (DON)

March 31, 2012


Investments	Shares		Value

Crane Co.		14,055	$	681,667
Donaldson Co., Inc.		14,020		500,935
Harsco Corp.		35,180		825,323
ITT Corp.		18,996		435,768
Leggett & Platt, Inc.^(a)		76,009		1,748,967
Pall Corp.		14,843		885,088
Pentair, Inc.^(a)		24,485		1,165,731
SPX Corp.		9,334		723,665
Textron, Inc.		13,887		386,475
Trinity Industries, Inc.		11,055		364,262

Total Miscellaneous Manufacturing				9,205,608
Office/Business Equipment – 0.9%
Pitney Bowes, Inc.^(a)		169,734		2,983,924
Oil & Gas – 1.2%
Berry Petroleum Co. Class A		4,951		233,341
Cimarex Energy Co.		6,026		454,782
Energen Corp.		8,718		428,490
EXCO Resources, Inc.^(a)		36,865		244,415
Helmerich & Payne, Inc.		5,754		310,428
HollyFrontier Corp.		39,818		1,280,149
Patterson-UTI Energy, Inc.		17,709		306,188
QEP Resources, Inc.		5,440		165,920
SM Energy Co.		990		70,062
Sunoco, Inc.		17,478		666,786

Total Oil & Gas				4,160,561
Oil & Gas Services – 0.5%
CARBO Ceramics, Inc.^(a)		1,823		192,235
Lufkin Industries, Inc.		2,376		191,625
Oceaneering International, Inc.		15,519		836,319
RPC, Inc.^(a)		54,472		577,948

Total Oil & Gas Services				1,798,127
Packaging & Containers – 1.8%
Ball Corp.		14,062		602,979
Bemis Co., Inc.		35,937		1,160,406
Packaging Corp. of America		34,704		1,026,891
Rock-Tenn Co. Class A		10,765		727,283
Sealed Air Corp.		60,905		1,176,075
Silgan Holdings, Inc.		8,660		382,772
Sonoco Products Co.		38,049		1,263,227

Total Packaging & Containers				6,339,633
Pharmaceuticals – 0.1%
Medicis Pharmaceutical Corp. Class A		6,620		248,846
Omnicare, Inc.		5,947		211,535

Total Pharmaceuticals				460,381
Real Estate – 0.1%
Jones Lang LaSalle, Inc.		2,433		202,693
Real Estate Investment Trusts (REITs) – 19.9%
Alexander’s, Inc.		1,808		712,135
Alexandria Real Estate Equities, Inc.		18,814		1,375,868
American Campus Communities, Inc.		25,629		1,146,129
Apartment Investment & Management Co. Class A		28,747		759,208

BioMed Realty Trust, Inc.		73,767	$	1,400,098
BRE Properties, Inc.		25,079		1,267,743
Camden Property Trust		25,700		1,689,775
CBL & Associates Properties, Inc.		88,545		1,675,271
Colonial Properties Trust		28,719		624,064
DDR Corp.		82,570		1,205,522
Douglas Emmett, Inc.		39,672		904,918
Duke Realty Corp.		160,086		2,295,633
Entertainment Properties Trust		32,363		1,500,996
Equity Lifestyle Properties, Inc.		10,254		715,114
Equity One, Inc.		66,319		1,340,970
Essex Property Trust, Inc.		11,180		1,693,882
Extra Space Storage, Inc.		24,011		691,277
Federal Realty Investment Trust		20,413		1,975,774
Highwoods Properties, Inc.^(a)		45,243		1,507,497
Home Properties, Inc.		22,998		1,403,108
Hospitality Properties Trust		107,998		2,858,707
Kilroy Realty Corp.		24,093		1,122,975
Kimco Realty Corp.		208,612		4,017,867
LaSalle Hotel Properties		17,527		493,210
Liberty Property Trust		78,979		2,821,130
Mack-Cali Realty Corp.		65,331		1,882,839
Mid-America Apartment Communities, Inc.		17,216		1,153,988
National Retail Properties, Inc.		66,431		1,806,259
Omega Healthcare Investors, Inc.		93,732		1,992,742
Piedmont Office Realty Trust, Inc. Class A		139,967		2,484,414
Plum Creek Timber Co., Inc.		81,317		3,379,535
Post Properties, Inc.		11,651		545,966
Rayonier, Inc.		50,525		2,227,647
Realty Income Corp.		72,118		2,793,130
Regency Centers Corp.		49,297		2,192,731
RLJ Lodging Trust		40,995		763,737
Senior Housing Properties Trust		120,422		2,655,305
SL Green Realty Corp.		5,636		437,072
Tanger Factory Outlet Centers		25,956		771,672
Taubman Centers, Inc.		17,449		1,272,905
UDR, Inc.		77,968		2,082,525
Washington Real Estate Investment Trust		45,441		1,349,598
Weingarten Realty Investors		67,614		1,787,038

Total Real Estate Investment Trusts (REITs)				68,777,974
Retail – 4.0%
Abercrombie & Fitch Co. Class A		13,898		689,480
Advance Auto Parts, Inc.		2,725		241,353
American Eagle Outfitters, Inc.		60,347		1,037,365
Brinker International, Inc.		22,182		611,114
Buckle, Inc. (The)		10,335		495,047
Casey’s General Stores, Inc.		5,189		287,782
Chico’s FAS, Inc.		34,339		518,519
Darden Restaurants, Inc.		55,099		2,818,865
Dick’s Sporting Goods, Inc.		14,243		684,803
Dillard’s, Inc. Class A		2,270		143,055
Foot Locker, Inc.		44,845		1,392,437
Guess?, Inc.		27,916		872,375
HSN, Inc.		8,942		340,064

See Notes to Financial Statements.


WisdomTree Domestic Dividend Funds			37

Schedule of Investments (concluded)

WisdomTree MidCap Dividend Fund (DON)

March 31, 2012


Investments	Shares		Value

MSC Industrial Direct Co. Class A		7,351	$	612,191
Penske Automotive Group, Inc.		17,683		435,532
PetSmart, Inc.		13,430		768,465
PriceSmart, Inc.		3,002		218,576
PVH Corp.		1,559		139,266
Tractor Supply Co.		4,982		451,170
Wendy’s Co. (The)		65,330		327,303
Williams-Sonoma, Inc.		19,630		735,732
World Fuel Services Corp.		2,751		112,791

Total Retail				13,933,285
Savings & Loans – 3.9%
BankUnited, Inc.		25,906		647,650
Capitol Federal Financial, Inc.		46,665		553,447
First Niagara Financial Group, Inc.		231,909		2,281,985
Hudson City Bancorp, Inc.		304,436		2,225,427
New York Community Bancorp, Inc.^(a)		385,350		5,360,218
People’s United Financial, Inc.		193,816		2,566,124

Total Savings & Loans				13,634,851
Software – 0.8%
Broadridge Financial Solutions, Inc.		37,286		891,508
Dun & Bradstreet Corp. (The)^(a)		10,474		887,462
Quality Systems, Inc.		12,399		542,208
Solera Holdings, Inc.		6,488		297,735

Total Software				2,618,913
Telecommunications – 4.4%
ADTRAN, Inc.		8,317		259,407
Frontier Communications Corp.^(a)		1,603,688		6,687,379
Harris Corp.^(a)		39,704		1,789,856
InterDigital, Inc.		4,919		171,477
Virgin Media, Inc.		22,837		570,468
Windstream Corp.		477,788		5,594,898

Total Telecommunications				15,073,485
Textiles – 0.3%
Cintas Corp.		24,563		960,905
Toys/Games/Hobbies – 0.5%
Hasbro, Inc.		47,917		1,759,512
Transportation – 0.8%
Bristow Group, Inc.		5,274		251,728
JB Hunt Transport Services, Inc.		14,787		803,969
Landstar System, Inc.		2,345		135,353
Ryder System, Inc.		12,306		649,757
Tidewater, Inc.		11,531		622,905
Werner Enterprises, Inc.		6,679		166,040

Total Transportation				2,629,752
Trucking & Leasing – 0.2%
GATX Corp.		13,869		558,921
Water – 0.8%
American Water Works Co., Inc.		55,459		1,887,270
Aqua America, Inc.		45,423		1,012,478

Total Water				2,899,748
TOTAL COMMON STOCKS (Cost: $305,676,278)				343,402,329

EXCHANGE-TRADED FUND – 0.5%
WisdomTree LargeCap Dividend Fund^(b)
(Cost: $1,573,589)		34,971	$	1,852,064
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 8.2%
MONEY MARKET FUND – 8.2%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(c)
(Cost: $28,326,236)^(d)		28,326,236		28,326,236
TOTAL INVESTMENTS IN SECURITIES – 108.0% (Cost: $335,576,103)				373,580,629
Liabilities in Excess of Other Assets – (8.0)%				(27,617,537	)

NET ASSETS – 100.0%			$	345,963,092

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Affiliated company. (See Note 7).

^(c)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(d)	At March 31, 2012, the total market value of the Fund’s securities on loan was $27,592,022 and the total market value of the collateral held by the Fund was $28,326,236.

See Notes to Financial Statements.


38		WisdomTree Domestic Dividend Funds

Schedule of Investments

WisdomTree SmallCap Dividend Fund (DES)

March 31, 2012


Investments	Shares		Value

UNITED STATES – 108.1%
COMMON STOCKS – 99.1%
Advertising – 0.2%
Harte-Hanks, Inc.		50,294	$	455,161
Marchex, Inc. Class B		7,077		31,563

Total Advertising				486,724
Aerospace/Defense – 0.5%
AAR Corp.		16,893		308,297
Cubic Corp.		2,686		126,994
Curtiss-Wright Corp.		10,666		394,749
HEICO Corp.		803		41,427
HEICO Corp. Class A		1,760		70,664
Kaman Corp.		14,692		498,793
National Presto Industries, Inc.^(a)		1,760		133,514

Total Aerospace/Defense				1,574,438
Agriculture – 1.4%
Andersons, Inc. (The)		4,570		222,513
Griffin Land & Nurseries, Inc.		1,786		47,168
Limoneira Co.		2,074		35,030
Universal Corp.		25,606		1,193,240
Vector Group Ltd.^(a)		171,889		3,045,873

Total Agriculture				4,543,824
Airlines – 0.1%
SkyWest, Inc.		15,679		173,253
Apparel – 0.4%
Cherokee, Inc.		13,091		149,106
Jones Group, Inc. (The)		41,173		517,133
Oxford Industries, Inc.		4,958		251,965
R.G. Barry Corp.		6,003		73,237
Weyco Group, Inc.		7,067		167,488

Total Apparel				1,158,929
Auto Parts & Equipment – 0.7%
Cooper Tire & Rubber Co.		47,684		725,750
Douglas Dynamics, Inc.		29,570		406,588
Miller Industries, Inc.		8,083		136,764
Spartan Motors, Inc.		16,867		89,226
Standard Motor Products, Inc.		7,711		136,793
Superior Industries International, Inc.		27,225		531,977
Titan International, Inc.		1,247		29,492

Total Auto Parts & Equipment				2,056,590
Banks – 12.7%
1st Source Corp.		15,337		375,296
Alliance Financial Corp.		4,766		144,457
American National Bankshares, Inc.		8,874		189,016
Ames National Corp.^(a)		6,196		147,465
Arrow Financial Corp.		11,838		288,847
BancFirst Corp.		10,958		477,330
BancorpSouth, Inc.^(a)		10,485		141,233
Bank of Kentucky Financial Corp.^(a)		4,658		119,850
Bank of Marin Bancorp^(a)		2,339		88,905
Bank of the Ozarks, Inc.		11,595		362,460
Banner Corp.		938		20,664

Boston Private Financial Holdings, Inc.		9,782	$	96,940
Bridge Bancorp, Inc.^(a)		7,457		156,373
Bryn Mawr Bank Corp.		9,586		215,110
Camden National Corp.		5,868		206,260
Cardinal Financial Corp.		7,547		85,281
Cass Information Systems, Inc.^(a)		4,134		165,153
Cathay General Bancorp		5,486		97,102
Center Bancorp, Inc.		4,532		45,456
Centerstate Banks, Inc.^(a)		4,640		37,862
Century Bancorp, Inc. Class A		1,444		39,421
Chemical Financial Corp.		26,240		615,066
Citizens & Northern Corp.		10,131		202,620
City Holding Co.^(a)		15,145		525,834
CNB Financial Corp.^(a)		11,089		185,297
CoBiz Financial, Inc.		6,227		44,025
Columbia Banking System, Inc.^(a)		16,812		382,977
Community Bank System, Inc.		34,818		1,002,062
Community Trust Bancorp, Inc.		16,437		527,135
CVB Financial Corp.		90,151		1,058,373
Enterprise Bancorp, Inc.^(a)		6,424		105,611
Enterprise Financial Services Corp.		5,921		69,513
FNB Corp.^(a)		136,761		1,652,073
Financial Institutions, Inc.^(a)		10,647		172,162
First Bancorp		11,176		122,154
First Bancorp, Inc.		12,498		185,345
First Busey Corp.^(a)		63,745		314,900
First Citizens BancShares, Inc. Class A		1,471		268,737
First Commonwealth Financial Corp.		63,747		390,132
First Community Bancshares, Inc.		13,635		182,164
First Connecticut Bancorp, Inc.		3,769		49,713
First Financial Bancorp		96,335		1,666,596
First Financial Bankshares, Inc.^(a)		23,069		812,260
First Financial Corp.		8,802		279,464
First Interstate Bancsystem, Inc.		14,435		211,040
First Merchants Corp.		3,124		38,550
First Midwest Bancorp, Inc.		7,609		91,156
First of Long Island Corp. (The)		7,130		188,945
German American Bancorp, Inc.^(a)		8,885		172,636
Glacier Bancorp, Inc.		78,123		1,167,158
Great Southern Bancorp, Inc.		10,274		246,576
Heartland Financial USA, Inc.^(a)		9,554		165,666
Heritage Financial Corp.		5,560		75,616
Home Bancshares, Inc.		9,079		241,592
Hudson Valley Holding Corp.		17,573		283,453
Iberiabank Corp.		19,915		1,064,855
Independent Bank Corp.		15,281		439,023
International Bancshares Corp.		35,643		753,849
Lakeland Bancorp, Inc.		17,014		167,588
Lakeland Financial Corp.		9,449		245,957
MainSource Financial Group, Inc.		2,522		30,390
MB Financial, Inc.^(a)		3,164		66,412
Merchants Bancshares, Inc.		5,952		167,727
Midsouth Bancorp, Inc.^(a)		4,447		60,479
National Bankshares, Inc.^(a)		6,241		187,854

See Notes to Financial Statements.


WisdomTree Domestic Dividend Funds			39

Schedule of Investments (continued)

WisdomTree SmallCap Dividend Fund (DES)

March 31, 2012


Investments	Shares		Value

National Penn Bancshares, Inc.^(a)		71,094	$	629,182
NBT Bancorp, Inc.		30,329		669,664
Old National Bancorp		55,583		730,361
Pacific Continental Corp.		10,109		95,227
PacWest Bancorp		34,525		838,958
Park National Corp.^(a)		23,095		1,597,481
Penns Woods Bancorp, Inc.^(a)		4,481		183,183
Peoples Bancorp, Inc.^(a)		6,810		119,447
PrivateBancorp, Inc.		7,725		117,188
Renasant Corp.^(a)		28,592		465,478
Republic Bancorp, Inc. Class A		11,905		284,768
S&T Bancorp, Inc.^(a)		21,507		466,487
S.Y. Bancorp, Inc.		11,343		263,158
Sandy Spring Bancorp, Inc.		13,303		241,716
SCBT Financial Corp.		8,010		262,007
Sierra Bancorp		9,111		89,561
Simmons First National Corp. Class A		11,539		298,052
Southside Bancshares, Inc.		12,735		281,444
StellarOne Corp.		7,711		91,530
Sterling Bancorp		31,905		305,969
Susquehanna Bancshares, Inc.		76,284		753,686
Synovus Financial Corp.^(a)		558,262		1,144,437
Tompkins Financial Corp.^(a)		9,772		391,466
TowneBank		17,785		239,920
Trico Bancshares		9,267		161,431
TrustCo Bank Corp.		111,350		635,809
Trustmark Corp.		64,107		1,601,393
UMB Financial Corp.		22,984		1,028,189
Umpqua Holdings Corp.		62,865		852,449
Union First Market Bankshares Corp.		13,122		183,708
United Bankshares, Inc.^(a)		54,263		1,566,030
Univest Corp. of Pennsylvania		22,698		380,872
Washington Banking Co.		6,386		88,191
Washington Trust Bancorp, Inc.		14,221		343,295
WesBanco, Inc.		22,144		445,980
West Bancorp., Inc.		11,989		119,770
Westamerica Bancorp.		24,449		1,173,552
Wintrust Financial Corp.		5,874		210,230

Total Banks				39,732,485
Beverages – 0.1%
Coca-Cola Bottling Co. Consolidated		3,084		193,490
Biotechnology – 0.7%
PDL BioPharma, Inc.^(a)		331,594		2,105,622
Building Materials – 0.6%
AAON, Inc.^(a)		6,673		134,728
Apogee Enterprises, Inc.		20,351		263,545
Comfort Systems USA, Inc.^(a)		17,209		187,750
Eagle Materials, Inc.		19,177		666,401
Griffon Corp.		13,073		139,881
LSI Industries, Inc.		23,007		168,641
Quanex Building Products Corp.		10,398		183,317
Universal Forest Products, Inc.		6,676		230,189

Total Building Materials				1,974,452

Chemicals – 1.7%
A. Schulman, Inc.		23,145	$	625,378
Aceto Corp.		19,466		184,732
American Vanguard Corp.		5,654		122,635
Balchem Corp.		2,617		79,164
H.B. Fuller Co.		16,780		550,887
Hawkins, Inc.		4,301		159,997
Innophos Holdings, Inc.		10,882		545,406
KMG Chemicals, Inc.		1,633		29,476
Minerals Technologies, Inc.^(a)		1,507		98,573
Oil-Dri Corp. of America^(a)		4,197		89,354
Olin Corp.		81,092		1,763,751
PolyOne Corp.		33,535		482,904
Quaker Chemical Corp.		8,418		332,090
Stepan Co.		3,547		311,427
Zep, Inc.		5,509		79,330

Total Chemicals				5,455,104
Commercial Services – 4.3%
ABM Industries, Inc.		34,514		838,690
Advance America, Cash Advance Centers, Inc.		42,766		448,615
Arbitron, Inc.		7,289		269,547
Barrett Business Services, Inc.		5,356		106,210
Brink’s Co. (The)^(a)		18,749		447,539
Carriage Services, Inc.		7,667		57,886
CDI Corp.		18,080		324,174
Chemed Corp.		6,239		391,061
Collectors Universe, Inc.		18,099		312,027
Corporate Executive Board Co. (The)^(a)		12,976		558,098
Deluxe Corp.^(a)		57,344		1,342,996
Electro Rent Corp.		28,339		521,721
Great Lakes Dredge & Dock Corp.		21,834		157,641
Healthcare Services Group, Inc.		57,775		1,228,874
Heartland Payment Systems, Inc.^(a)		6,251		180,279
Heidrick & Struggles International, Inc.		10,624		234,047
Insperity, Inc.		15,320		469,405
Intersections, Inc.		31,012		396,333
Kelly Services, Inc. Class A		12,619		201,778
Landauer, Inc.		10,005		530,465
Lincoln Educational Services Corp.		20,478		161,981
Mac-Gray Corp.		5,573		84,320
Matthews International Corp. Class A		7,921		250,620
MAXIMUS, Inc.		7,032		285,991
McGrath Rentcorp		19,714		633,017
Monro Muffler Brake, Inc.		6,608		274,166
Multi-Color Corp.		3,002		67,575
National American University Holdings, Inc.		10,988		69,224
National Research Corp.		3,973		170,601
Quad Graphics, Inc.^(a)		45,036		626,000
Resources Connection, Inc.		21,933		308,159
Stewart Enterprises, Inc. Class A^(a)		51,448		312,289
Strayer Education, Inc.^(a)		12,931		1,219,135
Viad Corp.		4,346		84,443

Total Commercial Services				13,564,907

See Notes to Financial Statements.


40		WisdomTree Domestic Dividend Funds

Schedule of Investments (continued)

WisdomTree SmallCap Dividend Fund (DES)

March 31, 2012


Investments	Shares		Value

Computers – 0.5%
j2 Global, Inc.^(a)		35,595	$	1,020,865
MTS Systems Corp.		9,753		517,787
Rimage Corp.		14,241		142,552	��

Total Computers				1,681,204
Cosmetics/Personal Care – 0.1%
Inter Parfums, Inc.		12,639		198,306
Distribution/Wholesale – 0.6%
Core-Mark Holding Co., Inc.		4,815		197,126
Houston Wire & Cable Co.		11,644		161,735
Pool Corp.		22,540		843,447
United Stationers, Inc.^(a)		17,363		538,774

Total Distribution/Wholesale				1,741,082
Diversified Financial Services – 4.0%
Artio Global Investors, Inc.^(a)		64,746		308,838
Asta Funding, Inc.		4,331		35,384
BGC Partners, Inc. Class A^(a)		266,862		1,972,110
Calamos Asset Management, Inc. Class A		13,939		182,740
Cohen & Steers, Inc.		23,044		735,104
Duff & Phelps Corp. Class A		16,157		251,080
Edelman Financial Group, Inc.		20,287		134,097
Epoch Holding Corp.		7,998		190,992
Evercore Partners, Inc. Class A		19,889		578,173
Federal Agricultural Mortgage Corp. Class C		2,357		53,504
FXCM, Inc. Class A		8,474		110,077
Gain Capital Holdings, Inc.		24,152		121,243
GAMCO Investors, Inc. Class A		543		26,938
GFI Group, Inc.		139,849		525,832
Greenhill & Co., Inc.^(a)		33,059		1,442,695
Horizon Technology Finance Corp.		21,019		349,126
Interactive Brokers Group, Inc. Class A		29,700		504,900
Janus Capital Group, Inc.		149,714		1,333,952
JMP Group, Inc.		8,436		62,258
KBW, Inc.^(a)		11,112		205,572
MarketAxess Holdings, Inc.		11,503		428,947
Marlin Business Services Corp.		5,409		81,460
Medley Capital Corp.		42,725		481,511
Nelnet, Inc. Class A		14,430		373,881
Oppenheimer Holdings, Inc. Class A		8,752		151,847
Pzena Investment Management, Inc. Class A		5,930		34,690
Solar Senior Capital Ltd.		14,779		238,090
US Global Investors, Inc. Class A		12,367		89,661
Walter Investment Management Corp.^(a)		60,929		1,373,949
Westwood Holdings Group, Inc.		7,163		277,423

Total Diversified Financial Services				12,656,074
Electric – 3.8%
ALLETE, Inc.		39,762		1,649,725
Avista Corp.		61,474		1,572,505
Black Hills Corp.^(a)		43,315		1,452,352
Central Vermont Public Service Corp.		8,327		293,111
CH Energy Group, Inc.		14,286		953,305
El Paso Electric Co.		25,432		826,286

MGE Energy, Inc.		19,039	$	845,141
NorthWestern Corp.		37,052		1,313,864
Otter Tail Corp.^(a)		48,334		1,048,848
Unisource Energy Corp.		40,902		1,495,786
Unitil Corp.		12,792		343,209

Total Electric				11,794,132
Electrical Components & Equipment – 0.3%
Belden, Inc.		6,987		264,877
Encore Wire Corp.		1,757		52,236
Graham Corp.		1,048		22,941
Insteel Industries, Inc.		4,647		56,461
Littelfuse, Inc.		9,388		588,627
Vicor Corp.		13,682		109,456

Total Electrical Components & Equipment				1,094,598
Electronics – 1.1%
American Science & Engineering, Inc.		6,241		418,459
Analogic Corp.		2,161		145,954
Badger Meter, Inc.^(a)		8,720		296,393
Bel Fuse, Inc. Class B		3,465		61,227
Brady Corp. Class A		28,118		909,617
CTS Corp.		11,631		122,358
Daktronics, Inc.		11,384		101,204
DDi Corp.		22,687		276,781
ESCO Technologies, Inc.		7,843		288,387
Methode Electronics, Inc.		29,008		269,194
Park Electrochemical Corp.		7,563		228,630
Watts Water Technologies, Inc. Class A		8,891		362,308

Total Electronics				3,480,512
Energy-Alternate Sources – 0.1%
FutureFuel Corp.^(a)		31,196		342,532
Engineering & Construction – 0.2%
Granite Construction, Inc.		20,526		589,917
VSE Corp.		1,463		36,297

Total Engineering & Construction				626,214
Entertainment – 0.8%
Churchill Downs, Inc.		4,248		237,463
International Speedway Corp. Class A		4,734		131,368
National CineMedia, Inc.		96,777		1,480,688
Speedway Motorsports, Inc.		30,764		574,672

Total Entertainment				2,424,191
Environmental Control – 0.5%
Met-Pro Corp.^(a)		10,726		113,267
Mine Safety Appliances Co.^(a)		28,202		1,158,538
U.S. Ecology, Inc.		17,926		389,711

Total Environmental Control				1,661,516
Food – 2.1%
Arden Group, Inc. Class A		786		71,440
B&G Foods, Inc.		46,735		1,052,005
Calavo Growers, Inc.^(a)		7,513		201,198
Cal-Maine Foods, Inc.^(a)		2,706		103,532
Ingles Markets, Inc. Class A		13,496		238,070

See Notes to Financial Statements.


WisdomTree Domestic Dividend Funds			41

Schedule of Investments (continued)

WisdomTree SmallCap Dividend Fund (DES)

March 31, 2012


Investments	Shares		Value

J&J Snack Foods Corp.		4,003	$	209,997
Nash Finch Co.		7,101		201,810
Sanderson Farms, Inc.^(a)		7,098		376,407
Snyders-Lance, Inc.		49,275		1,273,759
Spartan Stores, Inc.		8,084		146,482
SUPERVALU, Inc.^(a)		250,264		1,429,007
Tootsie Roll Industries, Inc.^(a)		12,064		276,386
Village Super Market, Inc. Class A		2,446		77,269
Weis Markets, Inc.		19,362		844,183

Total Food				6,501,545
Forest Products & Paper – 0.5%
Buckeye Technologies, Inc.		7,308		248,253
Deltic Timber Corp.		1,545		97,783
Neenah Paper, Inc.		8,152		242,440
Orchids Paper Products Co.		8,818		158,636
PH Glatfelter Co.		26,279		414,683
Schweitzer-Mauduit International, Inc.		3,505		242,055
Wausau Paper Corp.		16,940		158,897

Total Forest Products & Paper				1,562,747
Gas – 0.7%
Chesapeake Utilities Corp.		7,305		300,382
Laclede Group, Inc. (The)		22,499		877,911
Northwest Natural Gas Co.		24,771		1,124,603

Total Gas				2,302,896
Hand/Machine Tools – 0.1%
Franklin Electric Co., Inc.		6,953		341,184
Hardinge, Inc.		2,492		23,574

Total Hand/Machine Tools				364,758
Healthcare-Products – 0.6%
Atrion Corp.		388		81,561
Cantel Medical Corp.		3,320		83,299
Female Health Co. (The)^(a)		26,921		145,912
Invacare Corp.		2,333		38,658
Meridian Bioscience, Inc.		40,257		780,181
West Pharmaceutical Services, Inc.		15,900		676,227
Young Innovations, Inc.		1,008		31,167

Total Healthcare-Products				1,837,005
Healthcare-Services – 0.3%
Assisted Living Concepts, Inc. Class A		13,714		227,789
Ensign Group, Inc. (The)		4,477		121,595
National Healthcare Corp.		9,646		439,472
U.S. Physical Therapy, Inc.		4,572		105,385

Total Healthcare-Services				894,241
Holding Companies-Diversified – 0.1%
Primoris Services Corp.		10,061		161,580
Home Builders – 1.2%
KB Home^(a)		66,242		589,554
Lennar Corp. Class B		8,199		183,248
MDC Holdings, Inc.^(a)		69,481		1,791,915
Ryland Group, Inc. (The)		8,752		168,738
Thor Industries, Inc.		34,726		1,095,953

Total Home Builders				3,829,408

Home Furnishings – 0.2%
Ethan Allen Interiors, Inc.		8,627	$	218,436
Hooker Furniture Corp.		9,572		130,658
Kimball International, Inc. Class B		22,718		156,981

Total Home Furnishings				506,075
Household Products/Wares – 0.5%
American Greetings Corp. Class A		32,842		503,796
Blyth, Inc.		727		54,401
CSS Industries, Inc.		7,245		140,988
Ennis, Inc.^(a)		28,880		456,882
WD-40 Co.		10,588		480,166

Total Household Products/Wares				1,636,233
Housewares – 0.0%
Lifetime Brands, Inc.		2,355		26,470
Insurance – 3.7%
American Equity Investment Life Holding Co.		15,949		203,669
Baldwin & Lyons, Inc. Class B		12,956		289,955
Crawford & Co. Class A		20,795		81,101
Crawford & Co. Class B		7,825		38,342
Delphi Financial Group, Inc. Class A		22,275		997,252
Donegal Group, Inc. Class A		15,605		213,320
EMC Insurance Group, Inc.		11,854		238,147
Employers Holdings, Inc.		11,447		202,726
FBL Financial Group, Inc. Class A		8,455		284,934
First American Financial Corp.		49,411		821,705
Horace Mann Educators Corp.		31,879		561,708
Independence Holding Co.^(a)		2,482		24,721
Infinity Property & Casualty Corp.		3,580		187,341
Kansas City Life Insurance Co.^(a)		9,143		294,405
Life Partners Holdings, Inc.		58,434		237,826
Meadowbrook Insurance Group, Inc.		23,494		219,199
National Interstate Corp.		6,822		174,507
National Western Life Insurance Co. Class A		230		31,480
Presidential Life Corp.		17,416		199,065
Radian Group, Inc.^(a)		14,469		62,940
RLI Corp.^(a)		8,397		601,561
Safety Insurance Group, Inc.		18,279		761,138
SeaBright Holdings, Inc.		14,615		132,850
Selective Insurance Group, Inc.		39,068		687,987
StanCorp Financial Group, Inc.		27,097		1,109,351
State Auto Financial Corp.		46,938		685,764
Stewart Information Services Corp.^(a)		2,437		34,630
Symetra Financial Corp.		75,498		870,492
Tower Group, Inc.		35,310		792,003
United Fire Group, Inc.		18,489		330,768
Universal Insurance Holdings, Inc.		81,895		318,572

Total Insurance				11,689,459
Internet – 0.7%
Earthlink, Inc.		84,616		676,082
Keynote Systems, Inc.		4,946		97,733
Nutrisystem, Inc.^(a)		36,697		412,107
PC-Tel, Inc.		7,323		48,698

See Notes to Financial Statements.


42		WisdomTree Domestic Dividend Funds

Schedule of Investments (continued)

WisdomTree SmallCap Dividend Fund (DES)

March 31, 2012


Investments	Shares		Value

United Online, Inc.		164,533	$	804,566

Total Internet				2,039,186
Investment Companies – 8.3%
Apollo Investment Corp.		833,353		5,975,141
Arlington Asset Investment Corp. Class A		27,273		605,461
BlackRock Kelso Capital Corp.		213,198		2,093,604
Capital Southwest Corp.		883		83,488
Fifth Street Finance Corp.^(a)		231,961		2,263,939
Gladstone Capital Corp.		54,183		439,424
Golub Capital BDC, Inc.^(a)		42,217		644,654
Kohlberg Capital Corp.		60,679		419,292
Main Street Capital Corp.^(a)		52,274		1,287,509
MCG Capital Corp.		306,626		1,303,160
Medallion Financial Corp.		27,030		301,655
MVC Capital, Inc.		22,292		292,694
New Mountain Finance Corp.		23,332		320,582
NGP Capital Resources Co.		50,187		328,725
PennantPark Investment Corp.		120,598		1,254,219
Prospect Capital Corp.		350,149		3,844,636
Solar Capital Ltd.		96,243		2,124,083
THL Credit, Inc.		47,985		617,087
TICC Capital Corp.		91,065		886,973
Triangle Capital Corp.^(a)		55,426		1,094,663

Total Investment Companies				26,180,989
Iron/Steel – 0.2%
AK Steel Holding Corp.^(a)		69,939		528,739
Schnitzer Steel Industries, Inc. Class A		787		31,397

Total Iron/Steel				560,136
Leisure Time – 0.0%
Callaway Golf Co.		12,199		82,465
Lodging – 0.2%
Ameristar Casinos, Inc.		19,201		357,715
Marcus Corp.		13,466		168,998

Total Lodging				526,713
Machinery-Diversified – 1.4%
Alamo Group, Inc.		2,445		73,497
Albany International Corp. Class A		14,666		336,585
Applied Industrial Technologies, Inc.		22,998		945,908
Briggs & Stratton Corp.^(a)		34,936		626,403
Cascade Corp.		5,987		300,068
Cognex Corp.		11,748		497,645
Gorman-Rupp Co. (The)		6,574		191,829
Lindsay Corp.^(a)		2,093		138,703
Manitowoc Co., Inc. (The)		29,057		402,730
NACCO Industries, Inc. Class A		4,298		500,158
Tennant Co.		7,856		345,664
Twin Disc, Inc.^(a)		2,493		65,042

Total Machinery-Diversified				4,424,232
Media – 1.3%
Belo Corp. Class A		79,931		573,105
CBS Corp. Class A		16,391		560,900

Courier Corp.		22,638	$	262,601
Meredith Corp.^(a)		43,914		1,425,448
Scholastic Corp.		11,148		393,302
Sinclair Broadcast Group, Inc. Class A		58,051		642,044
World Wrestling Entertainment, Inc. Class A^(a)		33,399		296,249

Total Media				4,153,649
Metal Fabricate/Hardware – 1.1%
Ampco-Pittsburgh Corp.		9,107		183,324
CIRCOR International, Inc.		1,883		62,647
Dynamic Materials Corp.		2,579		54,443
Eastern Co. (The)^(a)		2,670		53,400
Haynes International, Inc.		4,878		309,021
Kaydon Corp.		21,340		544,383
L.B. Foster Co. Class A		870		24,804
Lawson Products, Inc.		5,972		90,237
Mueller Industries, Inc.		9,766		443,865
Mueller Water Products, Inc. Class A		128,358		427,432
Olympic Steel, Inc.		887		21,288
Sun Hydraulics Corp.		10,554		276,093
Worthington Industries, Inc.^(a)		51,364		985,161

Total Metal Fabricate/Hardware				3,476,098
Mining – 0.8%
AMCOL International Corp.		20,747		611,829
Globe Specialty Metals, Inc.		27,504		408,985
Gold Resource Corp.		35,269		857,389
Kaiser Aluminum Corp.^(a)		10,351		489,188
Noranda Aluminum Holding Corp.		23,639		235,681

Total Mining				2,603,072
Miscellaneous Manufacturing – 1.8%
A.O. Smith Corp.^(a)		15,719		706,569
Actuant Corp. Class A		3,038		88,072
AZZ, Inc.		6,966		359,724
Barnes Group, Inc.		23,038		606,130
Chase Corp.^(a)		5,998		94,469
Hillenbrand, Inc.		53,991		1,239,093
John Bean Technologies Corp.		12,434		201,431
Koppers Holdings, Inc.		13,866		534,673
Movado Group, Inc.		2,788		68,445
Myers Industries, Inc.		17,531		258,582
NL Industries, Inc.^(a)		45,760		681,824
Raven Industries, Inc.		5,311		324,024
Standex International Corp.		2,520		103,799
Sturm Ruger & Co., Inc.		7,828		384,355
Tredegar Corp.		6,380		124,984

Total Miscellaneous Manufacturing				5,776,174
Office Furnishings – 0.9%
CompX International, Inc.		1,931		26,860
Herman Miller, Inc.		6,082		139,643
HNI Corp.		41,409		1,149,100
Interface, Inc. Class A		10,178		141,983
Knoll, Inc.		32,846		546,558
Steelcase, Inc. Class A		74,179		712,118

Total Office Furnishings				2,716,262

See Notes to Financial Statements.


WisdomTree Domestic Dividend Funds			43

Schedule of Investments (continued)

WisdomTree SmallCap Dividend Fund (DES)

March 31, 2012


Investments	Shares		Value

Oil & Gas – 0.4%
Adams Resources & Energy, Inc.		2,025	$	115,790
Alon USA Energy, Inc.		25,266		228,657
Delek US Holdings, Inc.		19,660		304,927
Panhandle Oil and Gas, Inc. Class A		1,639		48,318
Penn Virginia Corp.		50,817		231,217
W&T Offshore, Inc.^(a)		13,914		293,307

Total Oil & Gas				1,222,216
Oil & Gas Services – 0.5%
Gulf Island Fabrication, Inc.		2,959		86,610
Targa Resources Corp.		32,814		1,491,396

Total Oil & Gas Services				1,578,006
Packaging & Containers – 1.0%
Greif, Inc. Class A		23,355		1,306,012
Greif, Inc. Class B^(a)		31,305		1,777,185

Total Packaging & Containers				3,083,197
Pipelines – 0.2%
Crosstex Energy, Inc.		37,192		525,895
Private Equity – 0.5%
Fidus Investment Corp.		21,737		304,536
Gladstone Investment Corp.		43,988		332,989
Hercules Technology Growth Capital, Inc.		97,574		1,081,120

Total Private Equity				1,718,645
Real Estate – 0.6%
Consolidated-Tomoka Land Co.^(a)		266		7,914
Kennedy-Wilson Holdings, Inc.		18,687		252,275
Sovran Self Storage, Inc.		29,803		1,485,083

Total Real Estate				1,745,272
Real Estate Investment Trusts (REITs) – 20.1%
Acadia Realty Trust		38,355		864,522
Agree Realty Corp.		14,940		337,345
American Assets Trust, Inc.		39,440		899,232
Ashford Hospitality Trust, Inc.		84,111		757,840
Associated Estates Realty Corp.		45,036		735,888
Brandywine Realty Trust		228,655		2,624,959
Campus Crest Communities, Inc.		46,869		546,493
CapLease, Inc.		99,348		400,372
Cedar Realty Trust, Inc.		142,466		729,426
Chatham Lodging Trust		22,149		281,071
Chesapeake Lodging Trust		40,403		726,042
Cogdell Spencer, Inc.		124,954		529,805
CommonWealth REIT		243,972		4,542,759
Coresite Realty Corp.		15,190		358,332
Corporate Office Properties Trust		133,464		3,097,699
Cousins Properties, Inc.		75,527		572,495
Cubesmart		82,156		977,656
DCT Industrial Trust, Inc.		356,603		2,103,958
DiamondRock Hospitality Co.		143,188		1,473,404
DuPont Fabros Technology, Inc.		31,194		762,693
EastGroup Properties, Inc.		33,185		1,666,551
Education Realty Trust, Inc.		65,996		715,397

Excel Trust, Inc.		38,865	$	469,489
First Potomac Realty Trust		79,110		956,440
Franklin Street Properties Corp.		146,879		1,556,917
Gladstone Commercial Corp.		22,871		393,610
Glimcher Realty Trust		120,212		1,228,567
Government Properties Income Trust		86,443		2,084,141
Healthcare Realty Trust, Inc.		127,542		2,805,924
Hersha Hospitality Trust		213,885		1,167,812
Hudson Pacific Properties, Inc.		30,152		456,200
Inland Real Estate Corp.		166,742		1,479,001
Investors Real Estate Trust		142,895		1,098,863
Kite Realty Group Trust		84,741		446,585
Lexington Realty Trust		254,833		2,290,949
LTC Properties, Inc.		41,859		1,339,488
Medical Properties Trust, Inc.		228,756		2,122,856
Mission West Properties, Inc.		36,208		357,011
Monmouth Real Estate Investment Corp. Class A		59,256		577,153
National Health Investors, Inc.		37,721		1,840,030
One Liberty Properties, Inc.		26,931		492,837
Parkway Properties, Inc.		15,977		167,439
Pebblebrook Hotel Trust		32,222		727,573
Pennsylvania Real Estate Investment Trust		82,340		1,257,332
Potlatch Corp.^(a)		65,331		2,047,474
PS Business Parks, Inc.		19,149		1,255,025
Ramco-Gershenson Properties Trust		65,014		794,471
Retail Opportunity Investments Corp.^(a)		42,099		506,872
Sabra Health Care REIT, Inc.		104,843		1,723,619
Saul Centers, Inc.		19,556		789,280
STAG Industrial, Inc.		34,927		487,581
Summit Hotel Properties, Inc.		31,984		242,439
Sun Communities, Inc.		38,784		1,680,511
Terreno Realty Corp.		6,068		86,833
UMH Properties, Inc.		27,706		303,658
Universal Health Realty Income Trust		19,896		788,478
Urstadt Biddle Properties, Inc. Class A		28,693		566,400
Whitestone REIT Class B		20,411		266,159
Winthrop Realty Trust		54,670		633,625

Total Real Estate Investment Trusts (REITs)				63,192,581
Retail – 3.1%
bebe Stores, Inc.		24,551		226,606
Big 5 Sporting Goods Corp.		16,195		126,969
Bob Evans Farms, Inc.		22,002		829,915
Brown Shoe Co., Inc.		33,535		309,528
Cash America International, Inc.^(a)		2,135		102,331
Cato Corp. (The) Class A		24,972		690,226
CEC Entertainment, Inc.		11,991		454,579
Cracker Barrel Old Country Store, Inc.		11,037		615,865
Destination Maternity Corp.		14,000		259,980
DSW, Inc. Class A		10,240		560,845
Einstein Noah Restaurant Group, Inc.		13,595		202,837
Finish Line, Inc. (The) Class A		11,879		252,072
Fred’s, Inc. Class A		13,271		193,889
Group 1 Automotive, Inc.		5,632		316,349
Hot Topic, Inc.		40,261		408,649

See Notes to Financial Statements.


44		WisdomTree Domestic Dividend Funds

Schedule of Investments (continued)

WisdomTree SmallCap Dividend Fund (DES)

March 31, 2012


Investments	Shares		Value

Lithia Motors, Inc. Class A		6,559	$	171,846
Men’s Wearhouse, Inc. (The)		18,709		725,348
PEP Boys-Manny Moe & Jack (The)		14,460		215,743
PetMed Express, Inc.^(a)		25,573		316,594
PF Chang’s China Bistro, Inc.		17,335		685,079
RadioShack Corp.^(a)		117,141		728,617
Regis Corp.		20,630		380,211
Sonic Automotive, Inc. Class A^(a)		6,517		116,719
Stage Stores, Inc.		19,086		309,957
Texas Roadhouse, Inc.		37,433		622,885
Winmark Corp.		371		21,496

Total Retail				9,845,135
Savings & Loans – 3.2%
Astoria Financial Corp.^(a)		150,482		1,483,753
Bank Mutual Corp.		12,940		52,278
BankFinancial Corp.		25,207		166,870
Berkshire Hills Bancorp, Inc.		16,766		384,277
Brookline Bancorp, Inc.		70,263		658,364
Clifton Savings Bancorp, Inc.^(a)		15,386		160,476
Dime Community Bancshares, Inc.		40,423		590,580
ESB Financial Corp.		9,707		139,975
ESSA Bancorp, Inc.		5,382		52,744
First Defiance Financial Corp.		3,194		53,851
First Financial Holdings, Inc.		9,554		105,094
First PacTrust Bancorp, Inc.^(a)		10,544		125,684
Flushing Financial Corp.		31,395		422,577
Fox Chase Bancorp, Inc.		1,949		25,337
Home Federal Bancorp, Inc.		8,803		89,174
Kaiser Federal Financial Group, Inc.		4,322		60,465
Kearny Financial Corp.		33,540		327,015
Northfield Bancorp, Inc.^(a)		16,515		234,843
Northwest Bancshares, Inc.		85,137		1,081,240
OceanFirst Financial Corp.		16,146		229,919
Oritani Financial Corp.		43,976		645,568
Provident Financial Holdings, Inc.		3,364		36,768
Provident Financial Services, Inc.		54,162		786,974
Provident New York Bancorp^(a)		31,595		267,294
Rockville Financial, Inc.		19,801		230,682
Roma Financial Corp.		23,914		234,118
Territorial Bancorp, Inc.		4,663		97,037
United Financial Bancorp, Inc.		8,487		134,264
ViewPoint Financial Group		12,482		191,973
Washington Federal, Inc.		48,371		813,600
Westfield Financial, Inc.		21,558		170,524
WSFS Financial Corp.		2,711		111,151

Total Savings & Loans				10,164,469
Semiconductors – 1.2%
Brooks Automation, Inc.		51,090		629,940
Cohu, Inc.		11,860		134,848
Intersil Corp. Class A^(a)		144,266		1,615,779
Micrel, Inc.		23,093		236,934
MKS Instruments, Inc.		28,940		854,598
Power Integrations, Inc.		3,973		147,478

Richardson Electronics Ltd.		5,261	$	63,027

Total Semiconductors				3,682,604
Software – 0.9%
American Software, Inc. Class A		22,767		195,341
Blackbaud, Inc.		18,337		609,338
Computer Programs & Systems, Inc.		8,377		473,468
Ebix, Inc.^(a)		7,461		172,797
EPIQ Systems, Inc.		13,370		161,777
Fair Isaac Corp.		1,901		83,454
ManTech International Corp. Class A^(a)		14,924		514,281
Opnet Technologies, Inc.^(a)		6,870		199,230
Pegasystems, Inc.		3,462		132,110
Schawk, Inc.		15,563		194,693

Total Software				2,736,489
Telecommunications – 2.6%
Alaska Communications Systems Group, Inc.^(a)		202,916		624,981
Atlantic Tele-Network, Inc.		8,652		314,587
Black Box Corp.		4,185		106,759
Communications Systems, Inc.		7,979		104,764
Comtech Telecommunications Corp.		22,088		719,627
Consolidated Communications Holdings, Inc.		59,538		1,168,731
HickoryTech Corp.		16,588		171,520
IDT Corp. Class B		48,139		449,618
NTELOS Holdings Corp.		41,294		854,786
Plantronics, Inc.		6,274		252,591
Preformed Line Products Co.		1,816		118,948
Shenandoah Telecommunications Co.		16,646		185,603
SureWest Communications		10,814		243,856
Telephone & Data Systems, Inc.		49,803		1,152,940
Tellabs, Inc.		185,438		751,024
Telular Corp.		21,899		185,266
TESSCO Technologies, Inc.		7,820		199,175
USA Mobility, Inc.		37,851		527,264

Total Telecommunications				8,132,040
Textiles – 0.1%
G&K Services, Inc. Class A		8,290		283,518
UniFirst Corp.		940		57,857

Total Textiles				341,375
Toys/Games/Hobbies – 0.1%
JAKKS Pacific, Inc.^(a)		14,784		257,981
Transportation – 1.1%
Alexander & Baldwin, Inc.		31,560		1,529,082
Arkansas Best Corp.		4,141		77,892
Celadon Group, Inc.		3,852		59,899
Con-way, Inc.		19,405		632,797
Forward Air Corp.		6,022		220,827
Heartland Express, Inc.		11,971		173,101
International Shipholding Corp.		13,161		303,888
Knight Transportation, Inc.		31,278		552,369
Marten Transport Ltd.		2,446		53,983

Total Transportation				3,603,838

See Notes to Financial Statements.


WisdomTree Domestic Dividend Funds			45

Schedule of Investments (concluded)

WisdomTree SmallCap Dividend Fund (DES)

March 31, 2012


Investments	Shares		Value

Trucking & Leasing – 0.7%
TAL International Group, Inc.		63,227	$	2,321,063
Water – 0.7%
American States Water Co.		14,649		529,415
Artesian Resources Corp. Class A^(a)		7,459		140,155
California Water Service Group		34,475		627,790
Connecticut Water Service, Inc.		7,057		199,642
Middlesex Water Co.		14,932		282,065
SJW Corp.		12,833		309,532
York Water Co.		9,097		157,378

Total Water				2,245,977
TOTAL COMMON STOCKS (Cost: $278,792,484)				310,968,355
EXCHANGE-TRADED FUND – 0.8%
WisdomTree MidCap Dividend Fund^(b)
(Cost: $2,054,134)		41,732		2,349,094
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 8.2%
MONEY MARKET FUND – 8.2%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(c)
(Cost: $25,788,985)^(d)		25,788,985		25,788,985
TOTAL INVESTMENTS IN SECURITIES – 108.1% (Cost: $306,635,603)				339,106,434
Liabilities in Excess of Other Assets – (8.1)%				(25,315,427	)

NET ASSETS – 100.0%			$	313,791,007

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Affiliated company. (See Note 7).

^(c)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(d)	At March 31, 2012, the total market value of the Fund’s securities on loan was $25,039,345 and the total market value of the collateral held by the Fund was $25,788,985.

See Notes to Financial Statements.


46		WisdomTree Domestic Dividend Funds

Statements of Assets and Liabilities

WisdomTree Domestic Dividend Funds

March 31, 2012


	WisdomTree Total Dividend Fund			WisdomTree Equity Income Fund			WisdomTree LargeCap Dividend Fund			WisdomTree Dividend ex-Financials Fund			WisdomTree MidCap Dividend Fund			WisdomTree SmallCap Dividend Fund
ASSETS:

Investments, at cost	$	204,827,111		$	404,830,914		$	1,086,178,274		$	1,212,143,855		$	334,002,514		$	304,581,469

Investment in affiliates, at cost (Note 7)		276,649			335,913			284,532			2,568,371			1,573,589			2,054,134
Investment in securities, at value (including securities on loan) (Note 2)¹		247,484,524			439,716,166			1,211,422,930			1,329,196,555			371,728,565			336,757,340

Investment in affiliates, at value (Note 7)		378,355			394,979			327,795			3,185,106			1,852,064			2,349,094

Cash		—			—			—			10,062			920			5,034

Receivables:

Dividends and interest		501,705			1,273,020			2,470,337			3,781,706			819,888			1,068,911

Investment securities sold		216,452			866,286			2,713,118			—			—			—
Total Assets		248,581,036			442,250,451			1,216,934,180			1,336,173,429			374,401,437			340,180,379
LIABILITIES:

Due to custodian		26,781			807,235			1,736,896			—			—			—

Payables:

Investment securities purchased		—			—			—			—			—			502,304

Collateral for securities on loan (Note 2)		4,511,836			13,389,390			9,686,394			66,956,110			28,326,236			25,788,985

Advisory fees (Note 3)		56,177			134,692			291,599			401,126			110,817			96,949

Service fees (Note 2)		885			1,570			4,598			4,675			1,292			1,134
Total Liabilities		4,595,679			14,332,887			11,719,487			67,361,911			28,438,345			26,389,372
NET ASSETS	$	243,985,357		$	427,917,564		$	1,205,214,693		$	1,268,811,518		$	345,963,092		$	313,791,007
NET ASSETS:

Paid-in capital	$	231,100,739		$	461,009,925		$	1,173,747,583		$	1,245,198,001		$	348,040,961		$	336,607,062

Undistributed net investment income		156,833			373,665			683,066			1,487,436			423,490			319,163

Accumulated net realized loss on investments		(30,031,334	)		(68,410,344	)		(94,503,875	)		(95,543,354	)		(40,505,885	)		(55,606,049	)

Net unrealized appreciation on investments		42,759,119			34,944,318			125,287,919			117,669,435			38,004,526			32,470,831
NET ASSETS	$	243,985,357		$	427,917,564		$	1,205,214,693		$	1,268,811,518		$	345,963,092		$	313,791,007
Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)		4,600,000			9,550,000			22,750,000			23,150,000			6,150,000			6,400,000
Net asset value per share	$	53.04		$	44.81		$	52.98		$	54.81		$	56.25		$	49.03

¹	Market value of securities out on loan were as follows: $4,389,977, $13,025,793, $9,444,278, $64,738,950, $27,592,022 and $25,039,345, respectively.

See Notes to Financial Statements.


WisdomTree Domestic Dividend Funds			47

Statements of Operations

WisdomTree Domestic Dividend Funds

For the Year Ended March 31, 2012


	WisdomTree Total Dividend Fund			WisdomTree Equity Income Fund			WisdomTree LargeCap Dividend Fund			WisdomTree Dividend ex- Financials Fund			WisdomTree MidCap Dividend Fund			WisdomTree SmallCap Dividend Fund
INVESTMENT INCOME:

Dividends	$	6,194,050		$	12,184,550		$	27,689,172		$	30,946,723		$	8,613,827		$	9,734,738

Dividends from affiliates (Note 7)		15,744			30,092			47,969			113,155			68,386			53,418

Interest		75			87			242			302			69			71

Securities lending income (Note 2)		45,424			134,956			181,915			611,784			130,248			240,813
Total investment income		6,255,293			12,349,685			27,919,298			31,671,964			8,812,530			10,029,040
EXPENSES:

Advisory fees (Note 3)		528,147			1,073,575			2,368,823			2,715,230			1,050,687			936,911

Service fees (Note 2)		8,300			12,431			37,224			31,440			12,166			10,848
Total expenses		536,447			1,086,006			2,406,047			2,746,670			1,062,853			947,759
Expense reimbursements/waivers (Note 3)		(1,466	)		(4,704	)		(6,009	)		(12,198	)		(8,496	)		(6,978	)
Net expenses		534,981			1,081,302			2,400,038			2,734,472			1,054,357			940,781
Net investment income		5,720,312			11,268,383			25,519,260			28,937,492			7,758,173			9,088,259
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

Net realized gain (loss) from:

Investment transactions		(53,432	)		3,426,029			(5,995,224	)		(15,619,740	)		(8,227,934	)		(906,091	)

Investment transactions from affiliates (Note 7)		93,749			(10,342	)		75,453			488,174			153,600			183,063

In-kind redemptions		939,958			5,084,774			43,131,664			26,869,874			13,813,555			500,463

In-kind redemptions from affiliates (Note 7)		—			14,738			52,810			36,173			47,234			7,667
Net realized gain (loss)		980,275			8,515,199			37,264,703			11,774,481			5,786,455			(214,898	)
Net change in unrealized appreciation on investments		18,940,324			27,794,701			61,341,297			86,085,337			8,737,342			5,721,351
Net realized and unrealized gain on investments		19,920,599			36,309,900			98,606,000			97,859,818			14,523,797			5,506,453
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS	$	25,640,911		$	47,578,283		$	124,125,260		$	126,797,310		$	22,281,970		$	14,594,712

See Notes to Financial Statements.


48		WisdomTree Domestic Dividend Funds

Statements of Changes in Net Assets

WisdomTree Domestic Dividend Funds


	WisdomTree Total Dividend Fund						WisdomTree Equity Income Fund						WisdomTree LargeCap Dividend Fund
	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2012			For the Year Ended March 31, 2011
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

Net investment income	$	5,720,312		$	4,473,233		$	11,268,383		$	6,502,307		$	25,519,260		$	14,386,241

Net realized gain on investments		980,275			3,776,127			8,515,199			14,571,418			37,264,703			21,047,320

Net change in unrealized appreciation on investments		18,940,324			16,294,181			27,794,701			9,399,565			61,341,297			47,856,444
Net increase in net assets resulting from operations		25,640,911			24,543,541			47,578,283			30,473,290			124,125,260			83,290,005
DIVIDENDS:

Net investment income		(5,704,497	)		(4,438,769	)		(11,082,460	)		(6,474,781	)		(25,273,380	)		(14,235,763	)
CAPITAL SHARE TRANSACTIONS:

Net proceeds from sale of shares		55,746,369			33,151,332			263,895,489			177,074,847			699,406,625			221,454,446

Cost of shares redeemed		(2,645,587	)		(15,278,459	)		(50,746,537	)		(145,707,467	)		(204,137,549	)		(92,223,882	)
Net increase in net assets resulting from capital share transactions		53,100,782			17,872,873			213,148,952			31,367,380			495,269,076			129,230,564
Net Increase in Net Assets		73,037,196			37,977,645			249,644,775			55,365,889			594,120,956			198,284,806
NET ASSETS:

Beginning of year	$	170,948,161		$	132,970,516		$	178,272,789		$	122,906,900		$	611,093,737		$	412,808,931

End of year	$	243,985,357		$	170,948,161		$	427,917,564		$	178,272,789		$	1,205,214,693		$	611,093,737
Undistributed net investment income included in net assets at end of year	$	156,833		$	138,984		$	373,665		$	188,355		$	683,066		$	481,347
SHARES CREATED AND REDEEMED:

Shares outstanding, beginning of year		3,500,000			3,100,000			4,400,000			3,500,000			12,650,000			9,700,000

Shares created		1,150,000			750,000			6,400,000			4,750,000			14,300,000			5,000,000

Shares redeemed		(50,000	)		(350,000	)		(1,250,000	)		(3,850,000	)		(4,200,000	)		(2,050,000	)
Shares outstanding, end of year		4,600,000			3,500,000			9,550,000			4,400,000			22,750,000			12,650,000

See Notes to Financial Statements.


WisdomTree Domestic Dividend Funds			49

Statements of Changes in Net Assets (concluded)

WisdomTree Domestic Dividend Funds


	WisdomTree Dividend ex-Financials Fund						WisdomTree MidCap Dividend Fund						WisdomTree SmallCap Dividend Fund
	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2012			For the Year Ended March 31, 2011
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

Net investment income	$	28,937,492		$	10,687,261		$	7,758,173		$	5,901,079		$	9,088,259		$	7,763,523

Net realized gain (loss) on investments		11,774,481			33,084,584			5,786,455			13,120,941			(214,898	)		17,055,165

Net change in unrealized appreciation on investments		86,085,337			16,420,742			8,737,342			19,534,938			5,721,351			9,067,962
Net increase in net assets resulting from operations		126,797,310			60,192,587			22,281,970			38,556,958			14,594,712			33,886,650
DIVIDENDS:

Net investment income		(27,628,769	)		(10,527,617	)		(7,571,610	)		(5,778,694	)		(9,064,912	)		(7,366,770	)
CAPITAL SHARE TRANSACTIONS:

Net proceeds from sale of shares		1,032,619,697			255,440,000			142,423,733			169,491,298			62,381,645			121,807,365

Cost of shares redeemed		(206,358,511	)		(152,000,000	)		(67,722,877	)		(67,838,212	)		(2,291,885	)		(54,879,905	)
Net increase in net assets resulting from capital share transactions		826,261,186			103,440,000			74,700,856			101,653,086			60,089,760			66,927,460
Net Increase in Net Assets		925,429,727			153,104,970			89,411,216			134,431,350			65,619,560			93,447,340
NET ASSETS:

Beginning of year	$	343,381,791		$	190,276,821		$	256,551,876		$	122,120,526		$	248,171,447		$	154,724,107

End of year	$	1,268,811,518		$	343,381,791		$	345,963,092		$	256,551,876		$	313,791,007		$	248,171,447
Undistributed net investment income included in net assets at end of year	$	1,487,436		$	337,857		$	423,490		$	195,853		$	319,163		$	583,763
SHARES CREATED AND REDEEMED:

Shares outstanding, beginning of year		6,850,000			4,450,000			4,750,000			2,650,000			5,100,000			3,650,000

Shares created		20,400,000			5,600,000			2,750,000			3,500,000			1,350,000			2,650,000

Shares redeemed		(4,100,000	)		(3,200,000	)		(1,350,000	)		(1,400,000	)		(50,000	)		(1,200,000	)
Shares outstanding, end of year		23,150,000			6,850,000			6,150,000			4,750,000			6,400,000			5,100,000

See Notes to Financial Statements.


50		WisdomTree Domestic Dividend Funds

Financial Highlights

WisdomTree Domestic Dividend Funds

March 31, 2012

Selected data for a share of beneficial interest outstanding throughout the period is presented below:


WisdomTree Total Dividend Fund	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010			For the Year Ended March 31, 2009			For the Year Ended March 31, 2008
Net asset value, beginning of year	$	48.84		$	42.89		$	29.26		$	51.81		$	57.87
Investment operations:
Net investment income¹		1.47			1.37			1.14			1.54			1.68
Net realized and unrealized gain (loss)		4.15			5.92			13.61			(22.56	)		(6.04	)
Total from investment operations		5.62			7.29			14.75			(21.02	)		(4.36	)
Dividends and distributions to shareholders:
Net investment income		(1.42	)		(1.34	)		(1.12	)		(1.53	)		(1.68	)
Capital gains		—			—			—			—			(0.02	)
Total dividends and distributions to shareholders		(1.42	)		(1.34	)		(1.12	)		(1.53	)		(1.70	)
Net asset value, end of year	$	53.04		$	48.84		$	42.89		$	29.26		$	51.81

TOTAL RETURN²		11.81	%		17.37	%		50.83	%		(41.29	)%		(7.77	)%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of year (000’s omitted)	$	243,985		$	170,948		$	132,971		$	84,844		$	88,071
Ratios to average net assets³ of:
Expenses, net of expense reimbursements/waivers		0.28	%		0.28	%		0.28	%		0.28	%		0.28	%
Expenses, prior to expense reimbursements/waivers		0.28	%		0.28	%		0.28	%		0.28	%		0.28	%
Net investment income		3.03	%		3.10	%		3.01	%		3.91	%		2.89	%
Portfolio turnover rate⁴		15	%		6	%		16	%		23	%		10	%



WisdomTree Equity Income Fund	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010			For the Year Ended March 31, 2009			For the Year Ended March 31, 2008
Net asset value, beginning of year	$	40.52		$	35.12		$	22.98		$	47.81		$	57.99
Investment operations:
Net investment income¹		1.66			1.61			1.17			1.95			2.22
Net realized and unrealized gain (loss)		4.15			5.33			12.16			(24.80	)		(10.19	)
Total from investment operations		5.81			6.94			13.33			(22.85	)		(7.97	)
Dividends to shareholders:
Net investment income		(1.52	)		(1.54	)		(1.19	)		(1.98	)		(2.21	)
Net asset value, end of year	$	44.81		$	40.52		$	35.12		$	22.98		$	47.81

TOTAL RETURN²		14.66	%		20.24	%		58.47	%		(49.06	)%		(14.18	)%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of year (000’s omitted)	$	427,918		$	178,273		$	122,907		$	101,091		$	138,659
Ratios to average net assets³ of:
Expenses, net of expense reimbursements/waivers		0.38	%		0.38	%		0.38	%		0.38	%		0.38	%
Expenses, prior to expense reimbursements/waivers		0.38	%		0.38	%		0.38	%		0.38	%		0.38	%
Net investment income		3.99	%		4.25	%		3.72	%		5.59	%		3.88	%
Portfolio turnover rate⁴		22	%		8	%		25	%		45	%		19	%

¹	Based on average shares outstanding.

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Notes 2 and 3).

³	The ratios to average net assets do not include net investment income (loss) or expenses of affiliated funds in which the Fund invests.

⁴	Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares.

See Notes to Financial Statements.


WisdomTree Domestic Dividend Funds			51

Financial Highlights (continued)

WisdomTree Domestic Dividend Funds

March 31, 2012

Selected data for a share of beneficial interest outstanding throughout the period is presented below:


WisdomTree LargeCap Dividend Fund	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010			For the Year Ended March 31, 2009			For the Year Ended March 31, 2008
Net asset value, beginning of year	$	48.31		$	42.56		$	29.86		$	52.71		$	57.97
Investment operations:
Net investment income¹		1.45			1.33			1.10			1.51			1.60
Net realized and unrealized gain (loss)		4.59			5.68			12.69			(22.91	)		(5.21	)
Total from investment operations		6.04			7.01			13.79			(21.40	)		(3.61	)
Dividends to shareholders:
Net investment income		(1.37	)		(1.26	)		(1.09	)		(1.45	)		(1.65	)
Net asset value, end of year	$	52.98		$	48.31		$	42.56		$	29.86		$	52.71

TOTAL RETURN²		12.82	%		16.83	%		46.53	%		(41.25	)%		(6.47	)%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of year (000’s omitted)	$	1,205,215		$	611,094		$	412,809		$	294,135		$	308,379
Ratios to average net assets³ of:
Expenses, net of expense reimbursements/waivers		0.28	%		0.28	%		0.28	%		0.28	%		0.28	%
Expenses, prior to expense reimbursements/waivers		0.28	%		0.28	%		0.28	%		0.28	%		0.28	%
Net investment income		3.02	%		3.04	%		2.89	%		3.78	%		2.74	%
Portfolio turnover rate⁴		14	%		5	%		17	%		25	%		8	%



WisdomTree Dividend ex-Financials Fund	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010			For the Year Ended March 31, 2009			For the Year Ended March 31, 2008
Net asset value, beginning of year	$	50.13		$	42.76		$	26.74		$	51.14		$	59.69
Investment operations:
Net investment income¹		2.06			1.81			1.60			1.81			2.10
Net realized and unrealized gain (loss)		4.31			7.25			16.01			(24.34	)		(8.56	)
Total from investment operations		6.37			9.06			17.61			(22.53	)		(6.46	)
Dividends to shareholders:
Net investment income		(1.69	)		(1.69	)		(1.59	)		(1.87	)		(2.09	)
Net asset value, end of year	$	54.81		$	50.13		$	42.76		$	26.74		$	51.14

TOTAL RETURN²		12.99	%		21.68	%		66.66	%		(45.10	)%		(11.15	)%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of year (000’s omitted)	$	1,268,812		$	343,382		$	190,277		$	104,277		$	166,205
Ratios to average net assets³ of:
Expenses, net of expense reimbursements/waivers		0.38	%		0.38	%		0.38	%		0.38	%		0.38	%
Expenses, prior to expense reimbursements/waivers		0.38	%		0.38	%		0.38	%		0.38	%		0.38	%
Net investment income		4.05	%		3.99	%		4.32	%		4.57	%		3.57	%
Portfolio turnover rate⁴		38	%		5	%		57	%		53	%		16	%

¹	Based on average shares outstanding.

³	The ratios to average net assets do not include net investment income (loss) or expenses of affiliated funds in which the Fund invests.

⁴	Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares.

See Notes to Financial Statements.


52		WisdomTree Domestic Dividend Funds

Financial Highlights (concluded)

WisdomTree Domestic Dividend Funds

March 31, 2012

Selected data for a share of beneficial interest outstanding throughout the period is presented below:


WisdomTree MidCap Dividend Fund	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010			For the Year Ended March 31, 2009			For the Year Ended March 31, 2008
Net asset value, beginning of year	$	54.01		$	46.08		$	26.80		$	48.00		$	58.02
Investment operations:
Net investment income¹		1.47			1.53			1.29			1.63			1.88
Net realized and unrealized gain (loss)		2.17			7.79			19.22			(21.16	)		(10.12	)
Total from investment operations		3.64			9.32			20.51			(19.53	)		(8.24	)
Dividends to shareholders:
Net investment income		(1.40	)		(1.39	)		(1.23	)		(1.67	)		(1.78	)
Net asset value, end of year	$	56.25		$	54.01		$	46.08		$	26.80		$	48.00

TOTAL RETURN²		6.99	%		20.60	%		77.34	%		(41.61	)%		(14.47	)%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of year (000’s omitted)	$	345,963		$	256,552		$	122,121		$	65,655		$	91,198
Ratios to average net assets³ of:
Expenses, net of expense reimbursements/waivers		0.38	%		0.38	%		0.38	%		0.38	%		0.38	%
Expenses, prior to expense reimbursements/waivers		0.38	%		0.38	%		0.38	%		0.38	%		0.38	%
Net investment income		2.81	%		3.16	%		3.34	%		4.31	%		3.38	%
Portfolio turnover rate⁴		29	%		10	%		11	%		43	%		30	%



WisdomTree SmallCap Dividend Fund	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010			For the Year Ended March 31, 2009			For the Year Ended March 31, 2008
Net asset value, beginning of year	$	48.66		$	42.39		$	24.06		$	46.31		$	57.41
Investment operations:
Net investment income¹		1.68			1.72			1.49			1.85			2.13
Net realized and unrealized gain (loss)		0.34			6.14			18.28			(22.26	)		(11.10	)
Total from investment operations		2.02			7.86			19.77			(20.41	)		(8.97	)
Dividends to shareholders:
Net investment income		(1.65	)		(1.59	)		(1.44	)		(1.84	)		(2.13	)
Net asset value, end of year	$	49.03		$	48.66		$	42.39		$	24.06		$	46.31

TOTAL RETURN²		4.50	%		18.96	%		83.27	%		(45.27	)%		(15.93	)%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of year (000’s omitted)	$	313,791		$	248,171		$	154,724		$	73,369		$	81,040
Ratios to average net assets³ of:
Expenses, net of expense reimbursements/waivers		0.38	%		0.38	%		0.38	%		0.38	%		0.38	%
Expenses, prior to expense reimbursements/waivers		0.38	%		0.38	%		0.38	%		0.38	%		0.38	%
Net investment income		3.69	%		3.86	%		4.21	%		5.15	%		3.97	%
Portfolio turnover rate⁴		31	%		11	%		16	%		65	%		34	%

¹	Based on average shares outstanding.

³	The ratios to average net assets do not include net investment income (loss) or expenses of affiliated funds in which the Fund invests.

⁴	Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares.

See Notes to Financial Statements.


WisdomTree Domestic Dividend Funds			53

Notes to Financial Statements

March 31, 2012

1. ORGANIZATION

WisdomTree Trust (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Trust was established as a Delaware statutory trust pursuant to a Trust Instrument dated December 15, 2005. As of March 31, 2012, the Trust offered 48 investment funds (each a “Fund”, and collectively, the “Funds”). These notes relate only to funds listed in the table below:


Fund Name	Commencement of Operations
WisdomTree Total Dividend Fund (“Total Dividend Fund”)		June 16, 2006
WisdomTree Equity Income Fund (“Equity Income Fund”)		June 16, 2006
WisdomTree LargeCap Dividend Fund (“LargeCap Dividend Fund”)		June 16, 2006
WisdomTree Dividend ex-Financials Fund (“Dividend ex-Financials Fund”)		June 16, 2006
WisdomTree MidCap Dividend Fund (“MidCap Dividend Fund”)		June 16, 2006
WisdomTree SmallCap Dividend Fund (“SmallCap Dividend Fund”)		June 16, 2006

Each Fund seeks to track the price and yield performance, before fees and expenses, of a particular index (“Index”) developed by WisdomTree Investments, Inc. (“WisdomTree Investments”). WisdomTree Investments is the parent company of WisdomTree Asset Management, Inc. (“WTAM”), the investment adviser to each Fund and the Trust. “WisdomTree” is a registered mark of WisdomTree Investments and has been licensed for use by the Trust. Each Fund described herein is considered to be non-diversified.

2. SIGNIFICANT ACCOUNTING POLICIES

The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (the “Codification”) is the exclusive reference of authoritative U.S. generally accepted accounting principles (“GAAP”) recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the Securities and Exchange Commission (“SEC”) under authority of federal laws are also sources of authoritative GAAP for SEC registrants.

The following is a summary of significant accounting policies followed by the Funds:

Guarantees — In the normal course of business the Funds may enter into contracts that contain a variety of representations or that provide indemnification for certain liabilities. The Funds’ maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Funds that have not yet occurred. However, the Funds have not had prior claims or losses pursuant to these contracts and expect the risk of loss to be remote. Therefore, no liabilities have been recorded in connection with these indemnifications.

Use of Estimates — The preparation of financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in the net assets from operations during the reporting period. Actual results could differ from those estimates.

Investment Valuation — The net asset value (“NAV”) of each Fund’s shares is calculated each day the national securities exchanges are open for trading as of the close of regular trading on the New York Stock Exchange, generally 4:00 p.m. New York time. NAV per share is calculated by dividing a Fund’s net assets by the number of Fund shares outstanding. Transactions in Fund shares will be priced at NAV only if you purchase or redeem shares directly from a Fund in creation units, which are typically in blocks of 50,000 shares or more. Fund shares are purchased or sold on a national securities exchange at market prices, which may be higher or lower than NAV. In calculating each Fund’s NAV, investments are valued under policies approved by the Board of Trustees.

Securities traded on any recognized U.S. or non-U.S. exchange are valued at the last sale price or official closing price on the exchange or system on which they are principally traded. Events occurring after the close of trading on non-U.S. exchanges may result in adjustments to the valuation of foreign securities to more accurately reflect their fair value as of the close of regular trading on the New York Stock Exchange. The Fund may rely on an independent fair valuation service in adjusting the valuations of foreign securities. Unlisted equity securities are valued at the last quoted sale price or, if no sale price is available, at the mean between the highest bid and lowest ask prices. Securities for which market quotations are not readily available are valued at fair value as determined by management and in accordance with procedures approved by the Board of Trustees. Short-term securities with 60 days or less remaining to maturity are valued using the amortized cost method, which approximates fair value.


54		WisdomTree Domestic Dividend Funds

Notes to Financial Statements (continued)

securities whose issuer is in default or bankruptcy, securities subject to corporate actions (such as mergers or reorganizations), securities subject to non-U.S. investment limits or currency controls, and securities affected by “significant events”. An example of a significant event is an event occurring after the close of the market in which a security trades but before a Fund’s next NAV calculation time that may materially affect the value of a Fund’s investment (e.g., government action, natural disaster, or significant market fluctuation). Price movements in U.S. markets that are deemed to affect the value of foreign securities, or reflect changes to the value of such securities, also may cause securities to be fair valued. When fair value pricing is employed, the prices of securities used by a Fund to calculate its NAV may differ from quoted or published prices for the same securities. Each Fund may invest in money market funds which are valued at their NAV per share and affiliated ETFs which are valued at their last sale or official closing price on the exchange on which they are principally traded.

Fair Value Measurement — In accordance with Codification Topic 820 (“ASC 820”), Fair Value Measurements and Disclosures, fair value is defined as the price that each Fund would receive upon selling an investment in an orderly transaction to an independent buyer in the principal or most advantageous market of the investment. ASC 820 established a three-tier hierarchy to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk — for example, the risk inherent in a particular valuation technique used to measure fair value (such as a pricing model) and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The three-tier hierarchy of inputs is summarized in the three broad levels listed below:

Level 1 – quoted prices in active markets for identical securities

Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

Level 3 – significant unobservable inputs (including each Fund’s assumptions in determining the fair value of investments)

Investments that use Level 2 or Level 3 inputs may include, but are not limited to: (i) an unlisted security related to corporate actions; (ii) a restricted security (e.g., one that may not be publicly sold without registration under the Securities Act of 1933, as amended); (iii) a security whose trading has been suspended or which has been de-listed from its primary trading exchange; (iv) a security that is thinly traded; (v) a security in default or bankruptcy proceedings for which there is no current market quotation; (vi) a security affected by currency controls or restrictions; and (vii) a security affected by a significant event (e.g., an event that occurs after the close of the markets on which the security is traded but before the time as of which a Fund’s NAV is computed and that may materially affect the value of the Fund’s investments).

transfers between Level 1 and Level 2 fair value measurements, as well as inputs and valuation techniques used to measure fair value for both recurring and nonrecurring fair value measurements that fall in either Level 2 or Level 3. ASU 2010-06 also requires information on purchases and sales, issuances and settlements on a gross basis in the reconciliation of activity in Level 3 fair value measurements. The new and revised disclosures have been implemented for fiscal periods beginning after December 15, 2009 other than the disclosures surrounding the presentation of purchases, sales, issuances and settlements on a gross basis in the reconciliation of Level 3 fair value measurements which have been implemented for fiscal periods beginning after December 15, 2010.

The inputs or methodology used for valuation are not necessarily an indication of the risk associated with investing in those investments.

The valuation techniques and significant inputs used in determining the fair market value measurements for Level 2 or Level 3 positions are as follows:

Financial instruments are valued by pricing service providers that use broker dealer quotations, reported trades or valuation estimates from their internal pricing models. Depending on the type of financial instrument, the service providers’ internal models use inputs that are observable such as issuer details, interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates and quoted prices for similar assets. Securities that use similar valuation techniques and inputs as described above are categorized as Level 2 of the fair value hierarchy. Short-term investments having a maturity of 60 days or less are generally valued at amortized cost which approximates fair market value. These investments are categorized as Level 2 of the fair value hierarchy. Over-the-counter financial derivative instruments, such as forward foreign currency contracts derive their value from underlying asset prices, indices, reference rates, and other inputs or a combination of these factors. These contracts are normally valued on the basis of broker dealer quotations or pricing service providers. Depending on the product and the terms of the transaction, the value of the financial derivative contracts can be estimated by a pricing service provider using a series of techniques, including simulation pricing models.


WisdomTree Domestic Dividend Funds			55

Notes to Financial Statements (continued)

The pricing models use inputs that are observed from actively quoted markets such as issuer details, indices, spreads, interest rates, curves, dividends and exchange rates. Financial derivatives that use similar valuation techniques and inputs as described above are categorized as Level 2 of the fair value hierarchy.

In the event that a financial instrument cannot be valued based upon a price from a national securities exchange, pricing service provider or broker quotation, or such prices are deemed to not reflect current market value, WTAM may value the financial instrument in good faith under the policies and procedures approved by the Board of Trustees based on current facts and circumstances. Determination of this value may include significant unobservable inputs and therefore would be reflected as a Level 3 of the fair value hierarchy.

There were no Level 3 securities during or for the year ended March 31, 2012.

No significant transfers between Level 1 or Level 2 fair value measurements occurred during the fiscal year ended March 31, 2012.

The following is a summary of the inputs used as of March 31, 2012 in valuing each Fund’s assets carried at fair value:


Total Dividend Fund	Level 1		Level 2		Level 3
Investments in Securities
Common Stocks*	$	242,972,688	$	—	$	—
Money Market Funds		—		4,511,836		—
Exchange-Traded Funds		378,355		—		—
Total	$	243,351,043	$	4,511,836	$	—


Equity Income Fund	Level 1		Level 2		Level 3
Investments in Securities
Common Stocks*	$	426,326,776	$	—	$	—
Money Market Fund		—		13,389,390		—
Exchange-Traded Funds		394,979		—		—
Total	$	426,721,755	$	13,389,390	$	—


LargeCap Dividend Fund	Level 1		Level 2		Level 3
Investments in Securities
Common Stocks*	$	1,201,736,536	$	—	$	—
Money Market Fund		—		9,686,394		—
Exchange-Traded Funds		327,795		—		—
Total	$	1,202,064,331	$	9,686,394	$	—


Dividend ex-Financials Fund	Level 1		Level 2		Level 3
Investments in Securities
Common Stocks*	$	1,262,087,994	$	—	$	—
Money Market Funds		—		67,108,561		—
Exchange-Traded Funds		3,185,106		—		—
Total	$	1,265,273,100	$	67,108,561	$	—


MidCap Dividend Fund	Level 1		Level 2		Level 3
Investments in Securities
Common Stocks*	$	343,402,329	$	—	$	—
Money Market Funds		—		28,326,236		—
Exchange-Traded Funds		1,852,064		—		—
Total	$	345,254,393	$	28,326,236	$	—


56		WisdomTree Domestic Dividend Funds

Notes to Financial Statements (continued)


SmallCap Dividend Fund	Level 1		Level 2		Level 3
Investments in Securities
Common Stocks*	$	310,968,355	$	—	$	—
Money Market Fund		—		25,788,985		—
Exchange-Traded Funds		2,349,094		—		—
Total	$	313,317,449	$	25,788,985	$	—
* Please refer to Schedule of Investments for a breakdown of the valuation by industry.

Investment Transactions and Investment Income — Investment transactions are recorded as of the date that the securities are purchased or sold (trade date). Realized gains and losses on sales of portfolio securities are calculated using the identified-cost method. Dividend income is recognized on the ex-dividend date. Interest income is accrued daily. The value of additional securities received as dividend payments is recorded as income and as an increase to the cost basis of such securities.

Expenses/Reimbursements — WTAM has agreed to pay all expenses of the Funds, except for: (i) brokerage expenses and other expenses (such as stamp taxes) connected with the execution of portfolio transactions or in connection with creation and redemption transactions; (ii) legal fees or expenses in connection with any arbitration, litigation or pending or threatened arbitration or litigation, including any settlements in connection therewith; (iii) compensation and expenses of each Independent Trustee; (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s chief compliance officer (“CCO”); (vi) extraordinary expenses; (vii) distribution fees and expenses paid by the Trust under any distribution plan adopted pursuant to Rule 12b-1 under the 1940 Act; and (viii) the advisory fee payable to WTAM.

Pursuant to a separate contractual arrangement, WTAM has arranged for the provision of CCO services to the Funds and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees, in exchange for a service fee paid by each Fund of up to 0.0044% of each Fund’s average daily net assets. Trustees’ fees, which are included in Service Fees on the Statements of Operations, of $63,197 have been paid on behalf of the Funds of the Trust to the Independent Trustees for the fiscal year ended March 31, 2012.

Securities Lending — Each Fund may lend portfolio securities to certain creditworthy borrowers, including the Funds’ securities lending agent. It is the Funds’ policy that, at origination, all loans are secured by collateral of at least 102% of the value of U.S. securities loaned and 105% of the value of foreign securities loaned. Collateral in the form of cash and/or high grade debt obligations, equivalent to at least 100% of the market value of securities, is maintained at all times. The collateral can be invested in certain money market mutual funds which also have exposure to the fluctuations of the market. Each Fund receives compensation for lending its securities from interest or dividends earned on the cash or U.S. government securities held as collateral, net of fee rebates paid to the borrower plus reasonable administrative and custody fees. The dividend and interest income earned on the securities loaned is accounted for in the same manner as other dividend and interest income. The borrower pays to the Funds an amount equal to any dividends or interest received on loaned securities. The Funds retain all or a portion of the interest received on investment of cash collateral or receive a fee from the borrower. Lending portfolio securities could result in a loss or delay in recovering each Fund’s securities if the borrower defaults.

The securities lending income earned by the Funds is disclosed on the Statements of Operations.

Short-Term Investments — Each Fund may invest a portion of its assets in high-quality money market instruments on an ongoing basis to provide liquidity or for other reasons. The instruments include short-term obligations issued by the U.S. Government, its agencies, non-U.S. Government agencies, negotiable certificates of deposit (“CDs”), fixed time deposits and bankers’ acceptances of U.S. and foreign banks and similar institutions, commercial papers, repurchase agreements and money market funds. CDs are short-term negotiable obligations of commercial banks. Time deposits are non-negotiable deposits maintained in banking institutions for specified periods of time at stated interest rates. Banker’s acceptances are time drafts drawn on commercial banks by borrowers, usually in connection with international transactions.

Tax Information and Dividends and Distributions to Shareholders — It is each Fund’s policy to comply with all requirements of the Internal Revenue Code of 1986, as amended (the “Code”). Each Fund intends to qualify for and to elect treatment as a separate Regulated Investment Company (“RIC”) under Subchapter M of the Code. It is the policy of each Fund to pay out dividends, if any, to investors at least annually. There can be no guarantee that a Fund will pay dividends. Taxable net realized gains from investment transactions, reduced by capital loss carryforwards, if any, are declared and distributed to shareholders at least annually. The capital loss carryforward amount, if any, is available to offset future net capital gains. The Funds may occasionally be required to make


WisdomTree Domestic Dividend Funds			57

Notes to Financial Statements (continued)

supplemental distributions at some other time during the year. The Trust reserves the right to declare special distributions if, in its reasonable discretion, such action is necessary or advisable to preserve the status of each Fund as a RIC or to avoid imposition of income or excise taxes on undistributed income. Dividends and distributions to shareholders are recorded on the ex-dividend date. The amount of dividends and distributions from net investment income and net realized capital gains are determined in accordance with Federal income tax regulations which may differ from GAAP. These “book/tax” differences are either considered temporary or permanent in nature. To the extent these differences are permanent in nature, such amounts are reclassified within the components of net assets based on their Federal tax basis treatment; temporary differences do not require reclassification. Dividends and distributions, which exceed earnings and profit for tax purposes, are reported as a tax return of capital to the extent of a shareholder’s tax basis and thereafter as a capital gain.

3. ADVISORY FEES AND TRANSACTIONS

WTAM has overall responsibility for the general management and administration of the Trust. WTAM provides an investment program for each Fund. WTAM has arranged for Mellon Capital Management (“MCM”) to provide sub-advisory services to the Funds. MCM is compensated by WTAM at no additional cost to the Funds. WTAM also arranges for transfer agency, custody, fund administration, and all other non-distribution related services necessary for the Funds to operate. Under the Investment Advisory Agreement for each Fund, and as also described in Note 2, WTAM agrees to pay all expenses of the Funds, except compensation and expenses of the Independent Trustees, counsel to the Independent Trustees and the Trust’s CCO, interest expenses and taxes, brokerage expenses, and other expenses connected with the execution of portfolio transactions, any distribution fees or expenses, legal fees or expenses and extraordinary expenses.

Pursuant to a separate contractual arrangement, also described in Note 2, WTAM arranges for the provision of CCO services with respect to each Fund and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees in exchange for a fee of up to 0.0044% of each Fund’s average daily net assets. WTAM expects to receive fees from each Fund, based on a percentage of the Fund’s average daily net assets, as shown in the following table.


Fund	Advisory Fee Rate
Total Dividend Fund		0.28	%
Equity Income Fund		0.38	%
LargeCap Dividend Fund		0.28	%
Dividend ex-Financials Fund		0.38	%
MidCap Dividend Fund		0.38	%
SmallCap Dividend Fund		0.38	%

Each Fund may purchase shares of affiliated exchange traded funds in secondary market transactions. For the fiscal year ended March 31, 2012, WTAM waived a portion of its advisory fees based on each Fund’s investments in affiliated Funds. The table below indicates the waiver amounts. Please see Note 7 for additional information on Other Affiliated Parties and Transactions.


Fund	Advisory Fees Waived
Total Dividend Fund	$	1,466
Equity Income Fund		4,704
LargeCap Dividend Fund		6,009
Dividend ex-Financials Fund		12,198
MidCap Dividend Fund		8,496
SmallCap Dividend Fund		6,978

4. CAPITAL SHARE TRANSACTIONS

As of March 31, 2012, there were an unlimited number of $0.001 par value shares of beneficial interest authorized by the Trust. Shares are issued and redeemed by each Fund only in Creation Units or multiples thereof. Except when aggregated in Creation Units, shares of each Fund are not redeemable. Transactions in shares for each Fund are disclosed in detail in the Statements of Changes in Net Assets. The consideration for the purchase of Creation Units of a Fund generally consists of the in-kind contribution of a designated portfolio of equity securities constituting a portfolio sampling representation of the securities included in the relevant Fund’s underlying Index and an amount of cash. Investors purchasing and redeeming Creation Units may be charged a purchase transaction fee and a redemption transaction fee to offset transfer and other transaction costs associated with the issuance and redemption of Creation Units.


58		WisdomTree Domestic Dividend Funds

Notes to Financial Statements (continued)

5. INVESTMENT PORTFOLIO TRANSACTIONS

Purchases and sales of investments (excluding in-kind capital share transactions and short-term investments) for the fiscal year ended March 31, 2012 were as follows:

		00,000,000,000		00,000,000,000
Fund	Purchases		Sales
Total Dividend Fund	$	27,845,429	$	27,797,799
Equity Income Fund		64,510,359		64,066,814
LargeCap Dividend Fund		124,146,503		123,465,851
Dividend ex-Financials Fund		273,711,598		271,896,705
MidCap Dividend Fund		82,130,027		83,779,109
SmallCap Dividend Fund		77,894,845		77,379,300

For the fiscal year ended March 31, 2012, the cost of purchases and the proceeds from sales resulting from in-kind capital share transactions were as follows:

		00,000,000,000		00,000,000,000
Fund	Purchases		Sales
Total Dividend Fund	$	55,475,928	$	2,626,818
Equity Income Fund		262,525,579		50,389,685
LargeCap Dividend Fund		696,091,371		203,049,321
Dividend ex-Financials Fund		1,027,379,404		204,542,987
MidCap Dividend Fund		141,738,583		65,464,979
SmallCap Dividend Fund		62,011,780		2,267,829

Gains and losses on in-kind redemptions are not recognized by the Funds for tax purposes.

6. FEDERAL INCOME TAXES

At March 31, 2012, the cost of investments (including securities on loan) for Federal income tax purposes was as follows:


Fund	Tax Cost		Gross Unrealized Appreciation		Gross Unrealized Depreciation			Net Unrealized Appreciation
Total Dividend Fund	$	208,017,458	$	43,154,383	$	(3,308,962	)	$	39,845,421
Equity Income Fund		407,419,427		37,099,005		(4,407,287	)		32,691,718
LargeCap Dividend Fund		1,095,652,333		126,097,162		(9,998,770	)		116,098,392
Dividend ex-Financials Fund		1,227,811,554		122,049,439		(17,479,332	)		104,570,107
MidCap Dividend Fund		343,732,085		37,892,965		(8,044,421	)		29,848,544
SmallCap Dividend Fund		312,358,979		38,846,442		(12,098,987	)		26,747,455

At March 31, 2012, the components of accumulated earnings/(loss) on a tax-basis were as follows:


Fund	Undistributed Ordinary Income		Undistributed Capital and Other Losses			Net Unrealized Appreciation		Total Accumulated Earnings/(Losses)
Total Dividend Fund	$	156,833	$	(27,117,636	)	$	39,845,421	$	12,884,618
Equity Income Fund		373,665		(66,157,744	)		32,691,718		(33,092,361	)
LargeCap Dividend Fund		683,066		(85,314,348	)		116,098,392		31,467,110
Dividend ex-Financials Fund		1,487,436		(82,444,026	)		104,570,107		23,613,517
MidCap Dividend Fund		423,490		(32,349,903	)		29,848,544		(2,077,869	)
SmallCap Dividend Fund		319,163		(49,882,673	)		26,747,455		(22,816,055	)


WisdomTree Domestic Dividend Funds			59

Notes to Financial Statements (continued)

The tax character of distributions paid during the fiscal years ended March 31, 2012 and March 31, 2011, was as follows:


	Year Ended March 31, 2012		Year Ended March 31, 2011
Fund	Distributions Paid from Ordinary Income*		Distributions Paid from Ordinary Income*
Total Dividend Fund	$	5,704,497	$	4,438,769
Equity Income Fund		11,082,460		6,474,781
LargeCap Dividend Fund		25,273,380		14,235,763
Dividend ex-Financials Fund		27,628,769		10,527,617
MidCap Dividend Fund		7,571,610		5,778,694
SmallCap Dividend Fund		9,064,912		7,366,770
* Includes short-term capital gains.

At March 31, 2012, for Federal income tax purposes, the Funds have capital loss carryforwards available to offset future capital gains through the years indicated. To the extent that these loss carryforwards are utilized, capital gains so offset will not be distributed to shareholders.


Fund	Capital Loss Available Through 2015		Capital Loss Available Through 2016		Capital Loss Available Through 2017		Capital Loss Available Through 2018		Capital Loss Available Through 2019		Short-Term Post-Effective No Expiration*		Long-Term Post-Effective No Expiration*		Capital Loss Available Total
Total Dividend Fund	$	—	$	29,395	$	4,674,701	$	11,073,078	$	10,786,298	$	—	$	—	$	26,563,472
Equity Income Fund		—		—		8,095,468		36,880,803		21,181,473		—		—		66,157,744
LargeCap Dividend Fund		5,452		3,165,417		12,904,697		32,859,591		32,903,699		—		396,369		82,235,225
Dividend ex-Financials Fund		—		791,229		9,972,192		68,035,975		1,318,159		—		—		80,117,555
MidCap Dividend Fund		—		—		6,602,518		16,904,294		5,568,674		—		—		29,075,486
SmallCap Dividend Fund		—		414,956		10,100,965		32,761,958		6,604,794		—		—		49,882,673
* Under the recently enacted Regulated Investment Company Modernization Act of 2010, a Fund is permitted to carry forward any new capital losses for an unlimited period. Additionally, such capital losses that are carried forward will retain their character as either short-term or long-term capital losses rather than being considered all short-term as under previous law. The character of these losses is noted above.

Capital losses incurred after October 31 (“post-October capital losses”) and within the taxable year are deemed to arise on the first business day of each Fund’s next taxable year.

During the year ended March 31, 2012, the following Funds incurred and will elect to defer post-October capital losses as follows:


Fund	Short-Term Post-October Capital Losses		Long-Term Post-October Capital Losses
Total Dividend Fund	$	—	$	554,164
Equity Income Fund		—		—
LargeCap Dividend Fund		1,197,914		1,881,209
Dividend ex-Financials Fund		1,680,534		645,937
MidCap Dividend Fund		1,140,526		2,133,891
SmallCap Dividend Fund		—		—

During the fiscal year ended March 31, 2012, the following Funds utilized capital loss carryforwards of the noted amounts to offset realized gains.


Fund	Utilized Capital Loss Carryforwards
Total Dividend Fund	$	381,097
Equity Income Fund		2,652,692
LargeCap Dividend Fund		—
Dividend ex-Financials Fund		429,754
MidCap Dividend Fund		1,041,551
SmallCap Dividend Fund		404,213


60		WisdomTree Domestic Dividend Funds

Notes to Financial Statements (continued)

At March 31, 2012, the effect of permanent book/tax reclassifications resulted in increases (decreases) to the components of net assets as follows:


Fund	Undistributed Net Investment Income/(Loss)			Accumulated Net Realized Loss			Paid-in Capital
Total Dividend Fund	$	2,034		$	(862,885	)	$	860,851
Equity Income Fund		(613	)		(4,855,520	)		4,856,133
LargeCap Dividend Fund		(44,161	)		(39,949,244	)		39,993,405
Dividend ex-Financials Fund		(159,144	)		(24,975,755	)		25,134,899
MidCap Dividend Fund		41,074			(12,854,408	)		12,813,334
SmallCap Dividend Fund		(287,947	)		(134,928	)		422,875

These differences are primarily due to redemptions-in-kind, the tax treatment of income earned from investments in partnerships, non-deductible expenses, and non-dividend distributions from underlying investments.

GAAP provides guidance on tax provisions that prescribe a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Foreign taxes are provided for based on each Fund’s understanding of the tax rules and rates that exist in the foreign markets in which it invests. Taxes are accrued and applied to net investment income, net realized capital gains and net unrealized appreciation, as applicable, as the income is earned or capital gains are recorded. As of and during the fiscal year ended March 31, 2012, the Funds did not have any liabilities for unrecognized tax benefits. If applicable, the Funds will recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in “Other” expenses on the Statements of Operations. The Funds file tax returns with the Internal Revenue Service, the State of New York, and various other states. Generally, each of the tax years in the four-year period ended March 31, 2012, remains subject to examination by taxing authorities.

7. OTHER AFFILIATED PARTIES AND TRANSACTIONS

Affiliated holdings are funds which are managed by the Trust or an affiliate of the Trust. Transactions with affiliated companies during the fiscal year ended March 31, 2012 are as follows:


Affiliated Fund Name	Value at 3/31/2011		Purchases/ Additions		Sales/ Reductions		Value at 3/31/2012		Dividend Income
Total Dividend Fund
WisdomTree Earnings 500 Fund	$	273,651	$	139,918	$	414,065	$	—	$	—
WisdomTree Total Earnings Fund		1,158,392		1,539,746		2,308,350		378,355		15,744
Total	$	1,432,043	$	1,679,664	$	2,722,415	$	378,355	$	15,744

Equity Income Fund
Total Dividend Fund	$	792,408	$	8,813,280	$	9,236,665	$	394,979	$	30,092

LargeCap Dividend Fund
Total Dividend Fund	$	1,298,687	$	15,691,871	$	16,579,281	$	327,795	$	47,969

Dividend ex-Financials Fund
LargeCap Dividend Fund	$	2,243,546	$	12,278,846	$	13,234,914	$	1,595,420	$	58,751
MidCap Dividend Fund		2,256,566		12,256,281		13,130,488		1,589,686		54,404
Total	$	4,500,112	$	24,535,127	$	26,365,402	$	3,185,106	$	113,155

MidCap Dividend Fund
LargeCap Dividend Fund	$	3,672,996	$	2,272,871	$	4,305,690	$	1,852,064	$	68,386

SmallCap Dividend Fund
MidCap Dividend Fund	$	3,808,779	$	5,122,070	$	6,711,657	$	2,349,094	$	53,418


WisdomTree Domestic Dividend Funds			61

Notes to Financial Statements (continued)

8. NEW ACCOUNTING PRONOUNCEMENTS

In April 2011, the FASB issued Accounting Standards Update (“ASU”) 2011-03 “Reconsideration of Effective Control for Repurchase Agreements” (“ASU 2011-03”). The objective of ASU 2011-03 is to improve the accounting for repurchase agreements and similar agreements that both entitle and obligate a transferor to repurchase or redeem financial assets before their maturity. Under previous guidance, whether or not to account for a transaction as a sale was based on, in part, if the entity maintained effective control over the transferred financial assets. ASU 2011-03 removes the transferor’s ability criterion from the effective control assessment. This guidance is effective prospectively for interim and annual reporting periods beginning on or after December 15, 2011. Management is currently evaluating the implications of ASU 2011-03 and its impact on the financial statements.

In May 2011, the FASB issued ASU 2011-04 “Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRS” (“ASU 2011-04”). ASU 2011-04 includes common requirements for measurement of and disclosure about fair value between U.S. GAAP and IFRS. ASU 2011-04 will require reporting entities to disclose the following information for fair value measurements categorized within Level 3 of the fair value hierarchy: quantitative information about the unobservable inputs used in the fair value measurement, the valuation processes used by the reporting entity and a narrative description of the sensitivity of the fair value measurement to changes in unobservable inputs and the interrelationships between those unobservable inputs. In addition, ASU 2011-04 will require reporting entities to make disclosures about amounts and reasons for all transfers in and out of Level 1 and Level 2 fair value measurements. The new and revised disclosures are effective for interim and annual reporting periods beginning after December 15, 2011. At this time, management is evaluating the implications of ASU 2011-04 and its impact on the financial statements.

In December 2011, FASB issued ASU 2011-11 “Disclosures about Offsetting Assets and Liabilities”. The amendments in this ASU require an entity to disclose information about offsetting and related arrangements to enable users of its financial statements to understand the effect of those arrangements on its financial position. The ASU is effective for annual reporting periods beginning on or after January 1, 2013, and for interim periods within those annual reporting periods. The guidance requires retrospective application for all comparative periods presented. Management is currently evaluating the implications of ASU 2011-11 and its impact on the financial statements.

9. LEGAL MATTER

On December 1, 2011, Research Affiliates, LLC filed a complaint in the United States District Court for the Central District of California, naming the Trust, WTAM, and its affiliates, along with other parties, as defendants. The complaint alleges that the fundamentally weighted investment methodology developed by WisdomTree Investments and employed by the Trust infringes three of plaintiff’s patents. The complaint seeks both unspecified monetary damages to be determined and an injunction to prevent further infringement. The Trust filed its answer to the complaint on January 17, 2012. The Trust believes it has strong defenses to this lawsuit based on its belief that (i) the Trust’s Funds do not practice the indexing methods as claimed in the asserted patents because, for example, the factors used to select Fund assets include market capitalization and the price of the assets, and thus fall outside the scope of the asserted patents, which generally provide that selection of the assets to be used for creation of the index must be based upon factors that are sufficiently independent of market capitalization; and (ii) the patents should be declared invalid because, among other reasons, there is ample evidence that the concept of fundamentals based indexing was widely known and in commercial use by asset managers and index providers well before the patent applications at issue were filed by plaintiff. For example, in support of the defenses that the asserted patents are invalid, the Trust intends to present evidence that as far back as the early 1990s, Robert Jones at Goldman Sachs managed an earnings weighted index fund. As another example, the Trust intends to present evidence that Dow Jones launched a dividend weighted stock index in 2003. These examples support the Trust’s view that the asserted patents are invalid at least because earlier publications and activities of investment professionals anticipated or made obvious plaintiff’s alleged inventions.

While at this early stage of the proceedings it is not possible to determine the probability of any outcome or the probability or amount of any loss, the Trust is confident in the merits of its position. Nevertheless, an adverse resolution could have a negative impact on the Trust and the Funds. For example, in the event of an unfavorable outcome the Trust may be required to pay ongoing license fees if WisdomTree Investments cannot change its indexes in a manner that does not infringe on the patents. This could increase the Funds’ expense ratios and have a negative impact on Fund performance. WTAM and WisdomTree Investments have contractually agreed to indemnify the Trust and pay any losses, claims and damages (including legal fees) incurred by the Trust or a Fund in connection with the complaint. The Trust intends to vigorously defend against plaintiff’s claims.


62		WisdomTree Domestic Dividend Funds

Report of Independent Registered Public Accounting Firm

The Board of Trustees and Shareholders of WisdomTree Trust:

We have audited the accompanying statements of assets and liabilities, including the schedules of investments, of WisdomTree Total Dividend Fund, WisdomTree Equity Income Fund, WisdomTree LargeCap Dividend Fund, WisdomTree Dividend ex-Financials Fund, WisdomTree MidCap Dividend Fund and WisdomTree SmallCap Dividend Fund (six of the investment funds constituting the WisdomTree Trust (the “Trust”)) as of March 31, 2012, and the related statements of operations for the year then ended, the statements of changes in net assets for each of the two years in the period then ended, and the financial highlights for each of the five years in the period then ended. These financial statements and financial highlights are the responsibility of the Trust’s management. Our responsibility is to express an opinion on these financial statements and financial highlights based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement. We were not engaged to perform an audit of the Trust’s internal control over financial reporting. Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Trust’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements and financial highlights, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. Our procedures included confirmation of securities owned as of March 31, 2012, by correspondence with the custodian and brokers or by other appropriate auditing procedures where replies from brokers were not received. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements and financial highlights referred to above present fairly, in all material respects, the financial position of WisdomTree Total Dividend Fund, WisdomTree Equity Income Fund, WisdomTree LargeCap Dividend Fund, WisdomTree Dividend ex-Financials Fund, WisdomTree MidCap Dividend Fund and WisdomTree SmallCap Dividend Fund of WisdomTree Trust at March 31, 2012, the results of their operations for the year then ended, the changes in their net assets for each of the two years in the period then ended, and the financial highlights for each of the five years in the period then ended, in conformity with U.S. generally accepted accounting principles.

LOGO

New York, New York

May 25, 2012


WisdomTree Domestic Dividend Funds			63

Approval of Investment Advisory and Sub-Advisory Agreement (unaudited)

Approval of Investment Advisory Agreement. The Trust and the Investment Adviser have entered into an investment advisory agreement covering each Fund discussed herein. At a meeting held on March 1, 2012, the Board of Trustees (the “Board”) re-approved the Investment Advisory Agreement for each Fund. The Board reviewed and analyzed the factors it deemed relevant, including: (i) the nature, quality and extent of the services to be provided to the Funds by WTAM; (ii) the performance of the Funds; (iii) the costs of services to be provided and the profits to be realized by WTAM from its relationship with the Funds; (iv) the extent to which economies of scale would be realized as the Funds grow; and (v) whether the fee levels reflect these economies of scale for the benefit of investors.

The Board also considered the nature and quality of the services to be provided by WTAM to the Funds, recognizing WTAM’s operational capabilities and resources. The Board also noted the extensive responsibilities that WTAM has as investment adviser to the Funds, including the selection of the Funds’ Sub-Adviser, oversight of the Sub-Adviser’s compliance with Fund policies and objectives, oversight of general Fund compliance with federal and state laws, and the implementation of Board directives as they relate to the Funds.

The Board gave substantial consideration to the fees payable under the Advisory Agreement for each Fund. In this connection, the Board evaluated WTAM’s anticipated costs and profitability in serving as investment adviser to the Funds, including the costs associated with the personnel, systems and equipment necessary to manage the Funds and the costs associated with compensating the Sub-Adviser. The Board also examined the fees to be paid by each Fund in light of fees paid to other investment managers by comparable funds and the method of computing each Fund’s fee. After comparing the fees with those of comparable funds and in light of the quality and extent of services to be provided and the costs anticipated to be incurred by WTAM, the Board concluded that the level of the fees paid to WTAM with respect to each Fund is fair and reasonable. The Board also re-approved the Sub-Advisory Agreement between WTAM and MCM, on behalf of each Fund, using essentially the same criteria it used in connection with the Advisory Agreement. The Board considered MCM’s operational capabilities and resources and MCM’s experience in serving as an adviser to ETFs, noting that MCM currently provides investment advisory and management services to other ETFs. The Board considered the investment performance of the Funds, and the expertise and performance of the MCM personnel. The Board also noted that Bank of New York Mellon Corporation, an affiliate of MCM, serves as the Funds’ administrator, accountant, custodian, transfer agent and securities lending agent and receives compensation for acting in these capacities and is responsible for, among other things, coordinating the Funds’ audits, financial statements and tax returns, managing expenses and budgeting for the Funds, processing trades on behalf of each Fund and custodying Fund assets. As such, the Board concluded that the benefits accruing to MCM and its affiliates by virtue of their relationship to the Trust are reasonable and fair in comparison with the anticipated costs of providing the relevant services. The Board noted that WTAM, not the Funds, pays the fees to MCM under the Sub-Advisory Agreement for each Fund.

Based on these considerations and the overall high quality of the personnel, operations, financial condition, investment advisory capabilities, methodologies, and performance of WTAM and MCM, the Board determined that the re-approval of the Advisory Agreement and the Sub-Advisory Agreement for each Fund was in the best interests of each Fund. After full consideration of these and other factors, the Board, including a majority of the Independent Trustees, with the assistance of independent counsel, approved the Advisory Agreement and Sub-Advisory Agreement for each Fund.


64		WisdomTree Domestic Dividend Funds

Frequency Distribution of Discounts & Premiums (unaudited)

The chart below presents information about differences between the per share net asset value (“NAV”) of each Fund and the market trading price of shares of each Fund. For these purposes, the “market price” is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. The term “premium” is sometimes used to describe a market price in excess of NAV and the term “discount” is sometimes used to describe a market price below NAV. The chart presents information about the size and frequency of premiums or discounts. As with other exchange traded funds, the market price of Fund shares is typically slightly higher or lower than the Fund’s per share NAV. Factors that contribute to the differences between market price and NAV include the supply and demand for Fund shares and investors’ assessments of the underlying value of a Fund’s portfolio securities.

Differences between the closing times of U.S. and non-U.S. markets may contribute to differences between the NAV and market price of Fund shares. Many non-U.S. markets close prior to the close of the U.S. securities exchanges. Developments after the close of such markets as a result of ongoing price discovery may be reflected in a Fund’s market price but not in its NAV (or vice versa).


			Market Price Above or Equal to Net Asset Value					Market Price Below Net Asset Value
	Basis Point Differential*		Number of Days		Percentage of Total Days			Number of Days		Percentage of Total Days
WisdomTree Total Dividend Fund
June 16, 2006 – March 31, 2012		0 – 24.9		741		48.75	%		718		47.24	%
		25 – 49.9		27		1.78	%		14		0.92	%
		50 – 74.9		6		0.39	%		5		0.33	%
		75 – 99.9		3		0.20	%		0		0.00	%
		100 – 124.9		1		0.07	%		1		0.06	%
		125 – 174.9		1		0.07	%		0		0.00	%
		175 – 199.9		2		0.13	%		0		0.00	%
		200 – 249.9		0		0.00	%		0		0.00	%
		>250		1		0.06	%		0		0.00	%
		Total		782		51.45	%		738		48.55	%
WisdomTree Equity Income Fund
June 16, 2006 – March 31, 2012		0 – 24.9		704		46.32	%		748		49.21	%
		25 – 49.9		31		2.04	%		13		0.85	%
		50 – 74.9		5		0.33	%		5		0.33	%
		75 – 99.9		2		0.13	%		1		0.07	%
		100 – 124.9		2		0.13	%		1		0.07	%
		125 – 174.9		3		0.20	%		1		0.07	%
		175 – 199.9		0		0.00	%		0		0.00	%
		200 – 249.9		0		0.00	%		1		0.06	%
		>250		2		0.13	%		1		0.06	%
		Total		749		49.28	%		771		50.72	%
WisdomTree LargeCap Dividend Fund
June 16, 2006 – March 31, 2012		0 – 24.9		862		56.71	%		563		37.04	%
		25 – 49.9		44		2.89	%		17		1.12	%
		50 – 74.9		18		1.18	%		2		0.13	%
		75 – 99.9		2		0.13	%		0		0.00	%
		100 – 124.9		2		0.13	%		0		0.00	%
		125 – 174.9		1		0.07	%		1		0.07	%
		175 – 199.9		1		0.07	%		0		0.00	%
		200 – 249.9		0		0.00	%		0		0.00	%
		>250		5		0.33	%		2		0.13	%
		Total		935		61.51	%		585		38.49	%


WisdomTree Domestic Dividend Funds			65

Frequency Distribution of Discounts & Premiums (unaudited) (concluded)


				Market Price Above or Equal to Net Asset Value					Market Price Below Net Asset Value
	Basis Point Differential*			Number of Days		Percentage of Total Days			Number of Days		Percentage of Total Days
WisdomTree Dividend ex-Financials Fund
June 16, 2006 – March 31, 2012		0 – 24.9			793		52.17	%		636		41.84	%
		25 – 49.9			48		3.16	%		18		1.18	%
		50 – 74.9	��		4		0.26	%		2		0.13	%
		75 – 99.9			3		0.20	%		2		0.13	%
		100 – 124.9			2		0.13	%		1		0.07	%
		125 – 174.9			1		0.07	%		1		0.07	%
		175 – 199.9			1		0.07	%		0		0.00	%
		200 – 249.9			4		0.26	%		1		0.07	%
		>250			2		0.13	%		1		0.06	%
		Total			858		56.45	%		662		43.55	%
WisdomTree MidCap Dividend Fund
June 16, 2006 – March 31, 2012		0 – 24.9			854		56.18	%		586		38.55	%
		25 – 49.9			26		1.71	%		21		1.38	%
		50 – 74.9			8		0.53	%		4		0.26	%
		75 – 99.9			2		0.13	%		4		0.26	%
		100 – 124.9			2		0.13	%		3		0.20	%
		125 – 174.9			2		0.13	%		1		0.07	%
		175 – 199.9			2		0.14	%		0		0.00	%
		200 – 249.9			4		0.26	%		0		0.00	%
		>250			1		0.07	%		0		0.00	%
		Total			901		59.28	%		619		40.72	%
WisdomTree SmallCap Dividend Fund
June 16, 2006 – March 31, 2012		0 – 24.9			732		48.16	%		631		41.51	%
		25 – 49.9			66		4.34	%		51		3.36	%
		50 – 74.9			13		0.85	%		6		0.40	%
		75 – 99.9			2		0.13	%		2		0.13	%
		100 – 124.9			3		0.20	%		2		0.13	%
		125 – 174.9			3		0.20	%		2		0.13	%
		175 – 199.9			0		0.00	%		0		0.00	%
		200 – 249.9			1		0.06	%		1		0.07	%
		>250			3		0.20	%		2		0.13	%
		Total			823		54.14	%		697		45.86	%

*	Basis point (bps) is a unit that is equal to 1/100th of 1%.


66		WisdomTree Domestic Dividend Funds

Trustees and Officers Information (unaudited)

The Board has responsibility for the overall management and operations of the Funds, including general supervision of the duties performed by WTAM and other service providers. The Board elects the officers of the Trust who are responsible for administering the Trust’s day-to-day operations. Each Trustee serves until his or her successor is duly elected or appointed and qualified.

The address of each Trustee and Officer is c/o WisdomTree Asset Management, Inc., 380 Madison Avenue, 21st Floor, New York, New York 10017.

Interested Trustee and Officers


Name (year of birth)	Position	Term of Office and Length of Time Served	Principal Occupation(s) During the Past 5 Years	Number of Portfolios in Fund Complex Overseen by Trustee/ Officer†	Other Directorships Held by Trustee/ Officer
Jonathan Steinberg (1964)	Trustee, President*	Trustee and Officer since 2005	President, WisdomTree Trust since 2005; Chief Executive Officer of WisdomTree Investments, Inc. and Director of WisdomTree Investments, Inc. since 1989.	48	None.

Amit Muni (1969)	Treasurer,* Assistant Secretary*	Officer since 2008	Chief Financial Officer and Assistant Secretary of WisdomTree Investments, Inc. since March 2008; International Securities Exchange Holdings, Inc. (ISE), Controller and Chief Accounting Officer from 2003 to 2008.	48	None.

Richard Morris (1967)	Secretary,* Chief Legal Officer*	Officer since 2005	General Counsel of WisdomTree Asset Management since 2009; Chief Compliance Officer of WisdomTree Trust since 2009; Deputy General Counsel of WisdomTree Investments, Inc. since 2005; Senior Counsel at Barclays Global Investors, N.A. from 2002 to 2005.	48	None.

†	As of March 31, 2012.

*	Elected by and serves at the pleasure of the Board of Trustees.


WisdomTree Domestic Dividend Funds			67

Trustees and Officers Information (unaudited) (concluded)

Independent Trustees


Name (year of birth)	Position	Term of Office and Length of Time Served	Principal Occupation(s) During the Past 5 Years	Number of Portfolios in Fund Complex Overseen by Trustee†	Other Directorships Held by Trustee
Gregory Barton (1961)*	Trustee	Trustee since 2006	Executive Vice President of Business Legal Affairs, General Counsel and Secretary of TheStreet, Inc. 2009 to present; General Counsel of Martha Stewart Living Omnimedia, Inc. from 2007 to 2008; Executive Vice President of Licensing and Legal Affairs, General Counsel and Secretary of Ziff Davis Media Inc. from 2004 to 2007; Executive Vice President of Legal Affairs, General Counsel and Secretary of Ziff Davis Media Inc. from 2002 to 2004; President from 2001 to 2002, Chief Financial Officer from 2000 to 2002, Vice President of Business Development from 1999 to 2001 and General Counsel and Secretary from 1998 to 2002 of WisdomTree Investments, Inc.	48	Trustee, GLG Investment Series Trust; and Trustee, Man Long/Short Fund.

Toni Massaro (1955)**	Trustee	Trustee since 2006	Dean Emerita at University of Arizona James E. Rogers College of Law (“Rogers College of Law”) since 2009 (distinguished Emerita in July 2009); Dean at the Rogers College of Law from 1999 to 2009; Regents’ Professor since 2006; Milton O. Riepe Chair in Constitutional Law since 1997; Professor at the Rogers College of Law since 1990.	48	None.

Victor Ugolyn (1947)	Trustee, Chairman of the Board of Trustees	Trustee since 2006	Private Investor - 2005 to Present; President and Chief Executive Officer of William D. Witter, Inc. from 2005 to 2006; Consultant to AXA Enterprise in 2004; Chairman, President and Chief Executive Officer of Enterprise Capital Management (subsidiary of The MONY Group, Inc.) and Enterprise Group of Funds, Chairman of MONY Securities Corporation, and Chairman of the Fund Board of Enterprise Group of Funds 1991 to 2004.	48	Member of Board of New York Society of Security Analysts; Member of the Board of Governors of Naismith Memorial Basketball Hall of Fame.

†	As of March 31, 2012.

*	Chair of the Audit Committee.

**	Chair of the Governance and Nominating Committee.


68		WisdomTree Domestic Dividend Funds

Supplemental Information (unaudited)

Federal Income Tax Information

The following Federal tax information related to the Funds fiscal year ended March 31, 2012, is provided for information purposes only and should not be used for reporting to federal or state revenue agencies. Federal tax information for the calendar year will be reported to you on Form 1099-DIV in January 2013.

Certain dividends paid by the Funds may be subject to a maximum tax rate of 15%, as provided by the Jobs and Growth Tax Relief Reconciliation Act of 2003. Of the distributions paid during the fiscal year ended March 31, 2012, the following represents the maximum amount of ordinary income distributions that may be considered qualified dividend income:


Fund	Qualified Dividend Income
Total Dividend Fund	$	4,878,946
Equity Income Fund		8,709,371
LargeCap Dividend Fund		23,317,595
Dividend ex-Financials Fund		22,091,647
MidCap Dividend Fund		3,440,628
SmallCap Dividend Fund		4,392,998

The following represents the percentage of dividends paid during the fiscal year ended March 31, 2012, that qualify for the 70% dividends received deduction for corporate shareholders:


Fund		Dividends-Received Deduction


Total Dividend Fund	86	%
Equity Income Fund	79	%
LargeCap Dividend Fund	92	%
Dividend ex-Financials Fund	80	%
MidCap Dividend Fund	46	%
SmallCap Dividend Fund	50	%


WisdomTree Domestic Dividend Funds			69

General Information (unaudited)

Proxy Voting Policies, Procedures and Record

A complete copy of the Proxy Voting Policy may be obtained by calling 1-866-909-WISE (9473) or writing to: WisdomTree Trust, c/o ALPS Distributors, Inc., 1290 Broadway, Suite 1100, Denver, Colorado 80203.

The Trust is required to disclose annually the Funds’ complete proxy voting record on Form N-PX covering the most recent 12-month period ended June 30 and to file Form N-PX with the SEC no later than August 31 of each year. The current Form N-PX for the Funds is available at no charge upon request by calling 1-866-909-WISE (9473) or through the Trust’s website at www.wisdomtree.com. The Funds’ Form N-PX is also available on the SEC’s website at www.sec.gov.

Shareholder Reports and Quarterly Portfolio Disclosure

The Funds are required to file their complete schedule of portfolio holdings with the SEC for their first and third fiscal quarters on Form N-Q. Copies of the filings are available, without charge, on the SEC’s website at www.sec.gov and are also available by calling the Trust at 1-866-909-WISE (9473). You can also obtain copies of Form N-Q by (i) visiting the SEC’s Public Reference Room in Washington, DC (information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330); (ii) sending your request and a duplicating fee to the SEC’s Public Reference Room, Washington, DC 20549-0102; or (iii) sending your request electronically to publicinfo@sec.gov.

Information about each Fund’s portfolio holdings is available daily, without charge, at www.wisdomtree.com.

The Fund’s Statement of Additional Information (“SAI”) has additional information about the Funds’ Trustees and Officers and is available without charge upon request. Contact your financial representative for a free prospectus or SAI.


70		WisdomTree Domestic Dividend Funds

The WisdomTree Family of Funds

The following is a list of WisdomTree Funds being offered, along with their respective ticker symbols, as of March 31, 2012:

WisdomTree Domestic Dividend Funds

WisdomTree Total Dividend Fund (DTD)

WisdomTree Equity Income Fund (DHS)

WisdomTree LargeCap Dividend Fund (DLN)

WisdomTree Dividend ex-Financials Fund (DTN)

WisdomTree MidCap Dividend Fund (DON)

WisdomTree SmallCap Dividend Fund (DES)

WisdomTree International Dividend Funds

WisdomTree DEFA Fund (DWM)

WisdomTree DEFA Equity Income Fund (DTH)

WisdomTree Global Equity Income Fund (DEW)

WisdomTree Europe SmallCap Dividend Fund (DFE)

WisdomTree Japan Hedged Equity Fund (DXJ)

WisdomTree Global ex-U.S. Growth Fund (DNL)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

WisdomTree Asia Pacific ex-Japan Fund (AXJL)

WisdomTree Australia Dividend Fund (AUSE)

WisdomTree International LargeCap Dividend Fund (DOL)

WisdomTree International Dividend ex-Financials Fund (DOO)

WisdomTree International MidCap Dividend Fund (DIM)

WisdomTree International SmallCap Dividend Fund (DLS)

WisdomTree Emerging Markets Equity Income Fund (DEM)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

WisdomTree Middle East Dividend Fund (GULF)

WisdomTree International Hedged Equity Fund (HEDJ)

WisdomTree International Dividend
Sector Funds

WisdomTree Commodity Country Equity Fund (CCXE)

WisdomTree Global Natural Resources Fund (GNAT)

WisdomTree Global ex-U.S. Utilities Fund (DBU)

WisdomTree Global ex-U.S. Real Estate Fund (DRW)

WisdomTree Domestic and International
Earnings Funds

WisdomTree Total Earnings Fund (EXT)

WisdomTree Earnings 500 Fund (EPS)

WisdomTree MidCap Earnings Fund (EZM)

WisdomTree SmallCap Earnings Fund (EES)

WisdomTree LargeCap Value Fund (EZY)

WisdomTree LargeCap Growth Fund (ROI)

WisdomTree India Earnings Fund (EPI)

WisdomTree Currency Funds

WisdomTree Dreyfus Brazilian Real Fund (BZF)

WisdomTree Dreyfus Chinese Yuan Fund (CYB)

WisdomTree Dreyfus Commodity Currency Fund (CCX)

WisdomTree Dreyfus Emerging Currency Fund (CEW)

WisdomTree Dreyfus Indian Rupee Fund (ICN)

WisdomTree Dreyfus Japanese Yen Fund (JYF)

WisdomTree Dreyfus South African Rand Fund (SZR)

WisdomTree Fixed Income Funds

WisdomTree Asia Local Debt Fund (ALD)

WisdomTree Australia & New Zealand Debt Fund (AUNZ)

WisdomTree Emerging Markets Corporate Bond Fund (EMCB)

WisdomTree Emerging Markets Local Debt Fund (ELD)

WisdomTree Euro Debt Fund (EU)

WisdomTree Alternative Funds

WisdomTree Global Real Return Fund (RRF)

WisdomTree Managed Futures Strategy Fund (WDTI)

The WisdomTree Funds are exchange traded funds (“ETFs”) registered with the United States Securities and Exchange Commission as separate series (“Funds”) of WisdomTree Trust (“Trust”). WisdomTree Asset Management, Inc., a wholly owned subsidiary of WisdomTree Investments, Inc., serves as the investment adviser to the Trust. None of the WisdomTree entities are affiliated with ALPS Distributors, Inc., the Funds’ distributor. WisdomTree Investments, its affiliates and their independent providers are not liable for any informational errors, incompleteness, delays, or for any actions taken in reliance on information contained herein.

Investors should consider the investment objectives, risks, charges and expenses of the Funds carefully before investing. A prospectus, containing this and other information, is available at www.wisdomtree.com, or by calling 1-866-909-WISE (9473). Investors should read the prospectus carefully before investing. There are risks associated with investing, including possible loss of principal. Past performance does not guarantee future results. Indexes are unmanaged and you cannot invest directly in an index.

The Dow Jones U.S. Select Dividend Index is calculated, distributed and marketed by Dow Jones Indexes, a licensed trademark of CME Group Index Services LLC, and has been licensed for use.

Transactions in Fund shares will result in brokerage commissions and will generate tax consequences. Shares may be sold through brokerage accounts, but may be redeemed from the Funds only in large amounts of 50,000 shares or more.

WisdomTree Trust

380 Madison Avenue, 21st Floor

New York, NY 10017

LOGO

WisdomTree Domestic Dividend Funds

WisdomTree Total Dividend Fund

WisdomTree Equity Income Fund

WisdomTree LargeCap Dividend Fund

WisdomTree Dividend ex-Financials Fund

WisdomTree MidCap Dividend Fund

WisdomTree SmallCap Dividend Fund

WisdomTree Fund shares are distributed by ALPS Distributors, Inc.

WIS004135 (05/2013)

LOGO

WisdomTree Trust

Domestic and International Earnings Funds

Annual Report

March 31, 2012

WisdomTree Total Earnings Fund (EXT)

WisdomTree Earnings 500 Fund (EPS)

WisdomTree MidCap Earnings Fund (EZM)

WisdomTree SmallCap Earnings Fund (EES)

WisdomTree LargeCap Value Fund (EZY)

WisdomTree LargeCap Growth Fund (ROI)

WisdomTree India Earnings Fund (EPI)

Table of Contents


Management’s Discussion of Funds’ Performance (unaudited)			1
Performance Summaries (unaudited)			3
Description of Indexes (unaudited)			10
Shareholder Expense Examples (unaudited)			12
Schedules of Investments
WisdomTree Total Earnings Fund			14
WisdomTree Earnings 500 Fund			29
WisdomTree MidCap Earnings Fund			36
WisdomTree SmallCap Earnings Fund			44
WisdomTree LargeCap Value Fund			55
WisdomTree LargeCap Growth Fund			59
WisdomTree India Earnings Fund (consolidated)			64
Statements of Assets and Liabilities			67
Statements of Operations			68
Statements of Changes in Net Assets			69
Financial Highlights			72
Notes to Financial Statements			76
Report of Independent Registered Public Accounting Firm			88
Approval of Investment Advisory and Sub-Advisory Agreement (unaudited)			89
Frequency Distribution of Discounts & Premiums (unaudited)			90
Trustees and Officers Information (unaudited)			92
Supplemental Information (unaudited)			94
General Information (unaudited)			95

“WisdomTree” is a registered mark of WisdomTree Investments, Inc. and is licensed for use by the WisdomTree Trust.

Management’s Discussion of Funds’ Performance

(unaudited)

Market Environment Overview

WisdomTree Funds’ Performance Overview

The following table reflects the WisdomTree Funds’ performance versus their capitalization-weighted benchmark indexes:


Ticker	WisdomTree Fund	1-Year NAV Return	Cap-Weighted Benchmark	1-Year Return		Difference
EXT	WisdomTree Total Earnings Fund	9.74%	Russell 3000^® Index		7.18%	2.56%
EPS	WisdomTree Earnings 500 Fund	10.60%	S&P 500^® Index		8.54%	2.06%
EZM	WisdomTree MidCap Earnings Fund	4.92%	S&P MidCap 400^® Index		1.98%	2.94%
EES	WisdomTree SmallCap Earnings Fund	4.39%	Russell 2000^® Index		-0.18%	4.57%
EZY	WisdomTree LargeCap Value Fund	4.83%	Russell 1000^® Value Index		4.79%	0.04%
ROI	WisdomTree LargeCap Growth Fund	6.74%	Russell 1000^® Growth Index		11.02%	-4.28%
EPI	WisdomTree India Earnings Fund	-21.96%	MSCI India Index		-20.51%	-1.45%

WisdomTree’s earnings weighted funds are designed to track indexes based on the earnings stream generated by companies included in the underlying WisdomTree Index.


WisdomTree Domestic and International Earnings Funds			1

Management’s Discussion of Funds’ Performance (unaudited) (concluded)

The earnings stream is defined as the total dollar level of earnings for all companies within each Index. There are two primary factors that drive performance differentials of the WisdomTree Funds and Indexes versus market cap-weighted benchmarks. The first is aggregate exposure to one or more sectors. The second is stock selection within each sector. Both of these are determined as part of WisdomTree’s rules-based index methodology. These exposures are not subjectively determined. Rather, they are objectively determined at the Index rebalancing dates based on the earnings stream.

By including only companies with profits, WisdomTree’s Earnings Funds tend to have a higher quality bias to their investment portfolios than traditional market capitalization weighted indexes. During the period, the strongest gains tended to be in the larger and more defensive stocks. For example, large cap stocks as a group outperformed small cap stocks and defensive sectors as a group outperformed cyclical sectors. As a result, most of the WisdomTree Domestic Earnings Funds outperformed their cap-weighted benchmarks. Domestically, the one exception was the WisdomTree LargeCap Growth Fund, in which performance was hindered mostly by negative stock selection in sectors such as Financials and Information Technology.

Internationally, India is the only region of the world where WisdomTree sets portfolio weights based on earnings. This is because tax regulations in India act as a disincentive to dividend payments. During the period, emerging markets equities lagged the developed world markets. India was in the lower half of countries within the MSCI Emerging Markets Index on the basis of cumulative equity performance from March 31, 2011 through March 31, 2012. The slowdown in India was largely due to concerns about inflation and the effects of increasing energy costs that have persisted for much of the past year. As a result, the India Earnings Fund had the lowest absolute performance of any international WisdomTree Fund, down more than 21% for the period even after favorable equity performance from December 31, 2011 through March 31, 2012.

Fund returns are shown at NAV. Please see Performance Summaries on the subsequent pages for more complete performance information. Please see page 10 for the list of index descriptions.


2		WisdomTree Domestic and International Earnings Funds

Performance Summary (unaudited)

WisdomTree Total Earnings Fund (EXT)

Sector Breakdown† as of 3/31/12‡


Information Technology			19.1%
Financials			16.6%
Energy			12.0%
Consumer Discretionary			11.5%
Industrials			10.4%
Health Care			10.1%
Consumer Staples			9.2%
Materials			4.4%
Utilities			3.1%
Telecommunication Services			2.1%
Other			1.5%

†	The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time.

‡	A sector may be comprised of several industries.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
Exxon Mobil Corp.		4.0%
Apple, Inc.		3.5%
Microsoft Corp.		2.5%
Chevron Corp.		2.4%
JPMorgan Chase & Co.		2.3%
Wells Fargo & Co.		1.6%
Wal-Mart Stores, Inc.		1.5%
International Business Machines Corp.		1.4%
Intel Corp.		1.4%
Citigroup, Inc.		1.3%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree Total Earnings Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Earnings Index.

The Fund returned 9.74% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in the Information Technology sector. The Fund’s position in the Energy sector created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree Earnings Index			Russell 3000^® Index
One Year		9.74	%		9.82	%		10.13	%		7.18	%
Three Year		24.90	%		24.89	%		25.30	%		24.26	%
Five Year		2.69	%		2.71	%		2.92	%		2.18	%
Since Inception¹		2.28	%		2.29	%		2.50	%		1.71	%

¹	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on February 23, 2007.

LOGO


WisdomTree Domestic and International Earnings Funds			3

Performance Summary (unaudited)

WisdomTree Earnings 500 Fund (EPS)

Sector Breakdown† as of 3/31/12‡


Information Technology			19.5%
Financials			16.8%
Energy			13.4%
Consumer Discretionary			10.7%
Health Care			10.3%
Consumer Staples			9.9%
Industrials			9.6%
Materials			4.1%
Utilities			2.8%
Telecommunication Services			2.3%
Other			0.6%

†	The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time.

‡	A sector may be comprised of several industries.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
Exxon Mobil Corp.		4.6%
Apple, Inc.		4.1%
Microsoft Corp.		2.9%
Chevron Corp.		2.8%
JPMorgan Chase & Co.		2.7%
Wells Fargo & Co.		1.9%
Wal-Mart Stores, Inc.		1.6%
International Business Machines Corp.		1.6%
Intel Corp.		1.5%
Citigroup, Inc.		1.5%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree Earnings 500 Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Earnings 500 Index.

The Fund returned 10.60% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in the Information Technology sector. The Fund’s position in the Energy sector created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree Earnings 500 Index			S&P 500^® Index
One Year		10.60	%		10.61	%		10.86	%		8.54	%
Three Year		23.52	%		23.54	%		23.93	%		23.42	%
Five Year		2.23	%		2.22	%		2.53	%		2.01	%
Since Inception¹		1.85	%		1.85	%		2.15	%		1.59	%

¹	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on February 23, 2007.

LOGO


4		WisdomTree Domestic and International Earnings Funds

Performance Summary (unaudited)

WisdomTree MidCap Earnings Fund (EZM)

Sector Breakdown† as of 3/31/12‡


Consumer Discretionary			17.4%
Information Technology			16.4%
Industrials			16.3%
Financials			15.9%
Health Care			7.3%
Materials			7.3%
Energy			5.2%
Utilities			4.0%
Consumer Staples			2.7%
Telecommunication Services			0.9%
Other			6.6%

†	The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time.

‡	A sector may be comprised of several industries.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
TRW Automotive Holdings Corp.		1.3%
Whirlpool Corp.		1.1%
American Capital Ltd.		0.9%
Computer Sciences Corp.		0.9%
Constellation Brands, Inc.		0.7%
Tesoro Corp.		0.7%
ITT Corp.		0.7%
Arrow Electronics, Inc.		0.7%
Reinsurance Group of America, Inc.		0.6%
Harris Corp.		0.6%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree MidCap Earnings Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree MidCap Earnings Index.

The Fund returned 4.92% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in the Consumer Discretionary sector. The Fund’s position in the Energy sector created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree MidCap Earnings Index			S&P MidCap 400^® Index
One Year		4.92	%		5.12	%		5.23	%		1.98	%
Three Year		34.17	%		34.19	%		34.84	%		28.55	%
Five Year		5.96	%		5.97	%		6.15	%		4.78	%
Since Inception¹		5.35	%		5.40	%		5.54	%		4.25	%

¹	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on February 23, 2007.

LOGO


WisdomTree Domestic and International Earnings Funds			5

Performance Summary (unaudited)

WisdomTree SmallCap Earnings Fund (EES)

Sector Breakdown† as of 3/31/12‡


Information Technology			18.4%
Financials			17.8%
Industrials			15.8%
Consumer Discretionary			15.2%
Health Care			7.8%
Materials			7.4%
Consumer Staples			3.9%
Energy			3.1%
Utilities			1.2%
Telecommunication Services			1.1%
Other			8.3%

†	The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time.

‡	A sector may be comprised of several industries.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
Revlon, Inc.		1.0%
Veeco Instruments, Inc.		0.9%
Pendrell Corp.		0.8%
Western Refining, Inc.		0.8%
Cirrus Logic, Inc.		0.7%
Nelnet, Inc.		0.7%
Symetra Financial Corp.		0.6%
Omnivision Technologies, Inc.		0.6%
GT Advanced Technologies, Inc.		0.6%
Career Education Corp.		0.6%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree SmallCap Earnings Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree SmallCap Earnings Index.

The Fund returned 4.39% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in the Financials sector. The Fund’s position in the Energy sector created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree SmallCap Earnings Index			Russell 2000^® Index
One Year		4.39	%		4.52	%		4.69	%		-0.18	%
Three Year		35.99	%		35.91	%		36.46	%		26.90	%
Five Year		4.60	%		4.65	%		4.63	%		2.13	%
Since Inception¹		3.69	%		3.71	%		3.74	%		1.48	%

¹	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on February 23, 2007.

LOGO


6		WisdomTree Domestic and International Earnings Funds

Performance Summary (unaudited)

WisdomTree LargeCap Value Fund (EZY)

Sector Breakdown† as of 3/31/12‡


Energy			31.2%
Consumer Discretionary			12.8%
Telecommunication Services			11.3%
Health Care			10.2%
Industrials			8.6%
Financials			8.0%
Materials			5.9%
Information Technology			4.0%
Utilities			3.5%
Consumer Staples			3.3%
Other			1.2%

†	The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time.

‡	A sector may be comprised of several industries.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
Exxon Mobil Corp.		13.6%
Chevron Corp.		8.5%
AT&T, Inc.		8.2%
ConocoPhillips		3.3%
Verizon Communications, Inc.		3.1%
UnitedHealth Group, Inc.		2.8%
Comcast Corp.		1.9%
News Corp.		1.7%
Capital One Financial Corp.		1.4%
Travelers Cos., Inc. (The)		1.4%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree LargeCap Value Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree LargeCap Value Index.

The Fund returned 4.83% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in the Consumer Discretionary sector. The Fund’s position in the Industrials sector created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree Low P/E /LargeCap Value Spliced Index¹			Russell 1000^® Value Index
One Year		4.83	%		4.86	%		5.26	%		4.79	%
Three Year		24.33	%		24.31	%		24.98	%		22.82	%
Five Year		-0.09	%		-0.08	%		0.29	%		-0.81	%
Since Inception²		-0.42	%		-0.40	%		-0.06	%		-1.04	%

¹	WisdomTree Low P/E Index through June 19, 2009; WisdomTree LargeCap Value Index thereafter.

²	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on February 23, 2007.

LOGO


WisdomTree Domestic and International Earnings Funds			7

Performance Summary (unaudited)

WisdomTree LargeCap Growth Fund (ROI)

Sector Breakdown† as of 3/31/12‡


Energy			29.8%
Information Technology			26.9%
Health Care			10.5%
Industrials			9.7%
Materials			6.4%
Consumer Discretionary			6.4%
Consumer Staples			4.7%
Financials			3.7%
Telecommunication Services			0.7%
Utilities			0.4%
Other			0.8%

†	The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time.

‡	A sector may be comprised of several industries.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
Exxon Mobil Corp.		13.6%
Apple, Inc.		12.8%
Chevron Corp.		8.5%
Merck & Co., Inc.		6.3%
ConocoPhillips		3.3%
Oracle Corp.		3.2%
PepsiCo, Inc.		3.1%
Freeport-McMoRan Copper & Gold, Inc.		1.4%
Union Pacific Corp.		1.4%
E.I. du Pont de Nemours & Co.		1.3%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree LargeCap Growth Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree LargeCap Growth Index.

The Fund returned 6.74% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in the Information Technology sector. The Fund’s position in the Financials sector created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree LargeCap Growth Index			Russell 1000^® Growth Index
One Year		6.74	%		6.74	%		7.12	%		11.02	%
Three Year		18.56	%		18.53	%		19.20	%		25.28	%
Since Inception¹		17.86	%		17.87	%		18.45	%		24.15	%

¹	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on December 4, 2008.

LOGO


8		WisdomTree Domestic and International Earnings Funds

Performance Summary (unaudited)

WisdomTree India Earnings Fund (EPI)

Sector Breakdown† as of 3/31/12‡


Financials			26.4%
Energy			17.8%
Information Technology			12.4%
Materials			12.2%
Consumer Discretionary			10.5%
Industrials			5.9%
Utilities			5.4%
Health Care			3.8%
Consumer Staples			3.4%
Telecommunication Services			2.2%

†	The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time.

‡	A sector may be comprised of several industries.

Top Ten Holdings* as of 3/31/12




Description	% of Net Assets
Reliance Industries Ltd.		7.5%
Infosys Ltd.		7.2%
Tata Motors Ltd.		5.5%
Oil & Natural Gas Corp. Ltd.		4.8%
Housing Development Finance Corp.		3.1%
ICICI Bank Ltd.		2.9%
Tata Consultancy Services Ltd.		2.3%
State Bank of India		2.2%
HDFC Bank Ltd.		2.0%
Tata Steel Ltd.		2.0%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree India Earnings Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree India Earnings Index.

The Fund returned -21.96% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its investment in the Consumer Discretionary sector. The Fund’s investment in the Energy sector created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree India Earnings Index			MSCI India Index
One Year		-21.96	%		-21.67	%		-20.49	%		-20.51	%
Three Year		21.21	%		21.18	%		22.90	%		23.39	%
Since Inception¹		-5.54	%		-5.70	%		-4.07	%		-5.39	%

¹	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on February 22, 2008.

LOGO


WisdomTree Domestic and International Earnings Funds			9

Description of Indexes (unaudited)

Below are descriptions of each Index referenced in this Report:

The WisdomTree Earnings Index measures the performance of earnings-generating companies within the broad U.S. stock market.

The WisdomTree Earnings 500 Index measures the performance of earnings-generating companies within the large-capitalization segment of the U.S. stock market.

The WisdomTree MidCap Earnings Index measures the performance of earnings-generating companies within the mid-capitalization segment of the U.S. stock market.

The WisdomTree SmallCap Earnings Index measures the performance of earnings-generating companies within the small-capitalization segment of the U.S. stock market.

The WisdomTree LargeCap Value Index measures the performance of the large-capitalization value segment within the earnings-generating companies of the U.S. stock market.

The WisdomTree Low P/E Index measures the performance of companies with the lowest price-to-earnings ratios (P/E ratios) in the WisdomTree Earnings Index.

The WisdomTree LargeCap Growth Index measures the performance of the large-capitalization growth segment within the earnings-generating companies of the U.S. stock market.

The WisdomTree India Earnings Index is a fundamentally weighted index that measures the performance of companies incorporated and traded in India that are profitable and that are eligible to be purchased by foreign investors as of the index measurement date.

The Russell 3000^® Index is a capitalization-weighted index that measures the performance of the 3,000 largest U.S. companies, based on total market capitalization.

The Russell 1000^® Growth Index is a capitalization-weighted index that measures the performance of the large-capitalization growth segment of the U.S. equity universe, selecting from the Russell 1000 Index.

The Russell 2000^® Index is a capitalization-weighted index that measures the performance of the smallest 2,000 securities in the Russell 3000 Index, based on total market capitalization.

The MSCI Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure emerging markets equity performance.

The MSCI India Index is a free float-adjusted market capitalization index that is designed to measure the performance of stocks in India.

Index performance information assumes the reinvestment of net dividends and excludes management fees, transaction costs and expenses. Performance information for the MSCI India Index assumes reinvestment of net dividends and excludes management fees, transaction costs and expenses. You cannot directly invest in an index.

The Global Industry Classification Standard (“GICS”) was developed by and is the exclusive property and a service mark of MSCI Inc. (“MSCI”) and Standard & Poor’s (“S&P”), a division of The McGraw-Hill Companies, Inc. and is licensed for use by WisdomTree Investments, Inc. Neither MSCI, S&P nor any other party involved in making or compiling the GICS or any GICS classifications makes any express or implied warranties or representations with respect to


10		WisdomTree Domestic and International Earnings Funds

Description of Indexes (unaudited) (concluded)

such standard or classification (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability and fitness for a particular purpose with respect to any such standard or classification. Without limiting any of the foregoing, in no event shall MSCI, S&P, any of their affiliates or any third party involved in making or compiling the GICS or any GICS classifications have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.

Neither MSCI nor any other party involved in or related to compiling, computing or creating the MSCI data makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any such data. Without limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any third party involved in or related to compiling, computing or creating the data have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages. No further distribution or dissemination of the MSCI data is permitted without MSCI’s express written consent.


WisdomTree Domestic and International Earnings Funds			11

Shareholder Expense Examples (unaudited)

The example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period from October 1, 2011 to March 31, 2012.

Actual expenses

Hypothetical example for comparison purposes


12		WisdomTree Domestic and International Earnings Funds

Shareholder Expense Examples (unaudited) (concluded)


	Beginning Account Value 10/01/11		Ending Account Value 3/31/2012		Annualized Expense Ratio Based on the Period 10/01/11 to 3/31/12	Expenses Paid During the Period† 10/01/11 to 3/31/12
WisdomTree Total Earnings Fund
Actual	$	1,000.00	$	1,267.70	0.28%	$	1.59
Hypothetical (5% return before expenses)	$	1,000.00	$	1,023.60	0.28%	$	1.42
WisdomTree Earnings 500 Fund
Actual	$	1,000.00	$	1,264.10	0.28%	$	1.58
Hypothetical (5% return before expenses)	$	1,000.00	$	1,023.60	0.28%	$	1.42
WisdomTree MidCap Earnings Fund
Actual	$	1,000.00	$	1,306.20	0.38%	$	2.19
Hypothetical (5% return before expenses)	$	1,000.00	$	1,023.10	0.38%	$	1.92
WisdomTree SmallCap Earnings Fund
Actual	$	1,000.00	$	1,312.10	0.38%	$	2.20
Hypothetical (5% return before expenses)	$	1,000.00	$	1,023.10	0.38%	$	1.92
WisdomTree LargeCap Value Fund
Actual	$	1,000.00	$	1,251.10	0.38%	$	2.14
Hypothetical (5% return before expenses)	$	1,000.00	$	1,023.10	0.38%	$	1.92
WisdomTree LargeCap Growth Fund
Actual	$	1,000.00	$	1,283.20	0.38%	$	2.17
Hypothetical (5% return before expenses)	$	1,000.00	$	1,023.10	0.38%	$	1.92
WisdomTree India Earnings Fund
Actual	$	1,000.00	$	1,026.10	0.82%	$	4.15
Hypothetical (5% return before expenses)	$	1,000.00	$	1,020.90	0.82%	$	4.14

†	Expenses are calculated using each Fund’s annualized expense ratio, multiplied by the average account value for the period, multiplied by 183/366 (to reflect one-half year period).


WisdomTree Domestic and International Earnings Funds			13

Schedule of Investments

WisdomTree Total Earnings Fund (EXT)

March 31, 2012


Investments	Shares		Value

UNITED STATES – 101.1%
COMMON STOCKS – 99.6%
Aerospace & Defense – 2.7%
AAR Corp.		198	$	3,614
Alliant Techsystems, Inc.		197		9,874
BE Aerospace, Inc.^*		194		9,015
Boeing Co. (The)		2,075		154,318
Ceradyne, Inc.		174		5,665
Cubic Corp.		104		4,917
Curtiss-Wright Corp.		129		4,774
Esterline Technologies Corp.^*		100		7,146
General Dynamics Corp.		1,567		114,986
GeoEye, Inc.^*		86		2,070
Goodrich Corp.		244		30,607
HEICO Corp.		45		2,322
Hexcel Corp.^*		249		5,978
Honeywell International, Inc.		1,879		114,713
Huntington Ingalls Industries, Inc.^*		223		8,974
L-3 Communications Holdings, Inc.		575		40,693
Lockheed Martin Corp.		1,499		134,700
Moog, Inc. Class A^*		135		5,790
National Presto Industries, Inc.^(a)		35		2,655
Northrop Grumman Corp.		1,339		81,786
Orbital Sciences Corp.^*		167		2,196
Precision Castparts Corp.		273		47,202
Raytheon Co.		1,718		90,676
Rockwell Collins, Inc.		428		24,636
Spirit AeroSystems Holdings, Inc. Class A^*		398		9,735
Teledyne Technologies, Inc.^*		100		6,305
Textron, Inc.		603		16,781
TransDigm Group, Inc.^*		80		9,261
Triumph Group, Inc.		172		10,778
United Technologies Corp.		2,381		197,480

Total Aerospace & Defense				1,159,647
Air Freight & Logistics – 0.6%
Atlas Air Worldwide Holdings, Inc.^*		124		6,102
C.H. Robinson Worldwide, Inc.		214		14,015
Expeditors International of Washington, Inc.		346		16,093
FedEx Corp.		674		61,981
Forward Air Corp.		81		2,970
HUB Group, Inc. Class A^*		103		3,711
United Parcel Service, Inc. Class B		2,056		165,960

Total Air Freight & Logistics				270,832
Airlines – 0.2%
Alaska Air Group, Inc.^*		298		10,674
Allegiant Travel Co.^*		64		3,488
Delta Air Lines, Inc.^*		3,056		30,285
Hawaiian Holdings, Inc.^*		482		2,521
JetBlue Airways Corp.^*		789		3,858
SkyWest, Inc.		252		2,784
Southwest Airlines Co.		867		7,144
Spirit Airlines, Inc.^*		152		3,051
United Continental Holdings, Inc.^*		1,078		23,177
US Airways Group, Inc.^*(a)		686		5,207

Total Airlines				92,189

Auto Components – 0.5%
American Axle & Manufacturing Holdings, Inc.^*		534	$	6,253
BorgWarner, Inc.^*		300		25,302
Cooper Tire & Rubber Co.		220		3,348
Dana Holding Corp.		208		3,224
Dorman Products, Inc.^*		52		2,631
Federal-Mogul Corp.^*		565		9,724
Gentex Corp.		146		3,577
Goodyear Tire & Rubber Co. (The)^*		728		8,168
Johnson Controls, Inc.		2,012		65,350
Lear Corp.		601		27,940
Superior Industries International, Inc.		125		2,443
Tenneco, Inc.^*		147		5,461
TRW Automotive Holdings Corp.^*		1,044		48,494
Visteon Corp.^*		324		17,172

Total Auto Components				229,087
Automobiles – 1.5%
Ford Motor Co.		22,802		284,797
General Motors Co.^*		12,698		325,704
Harley-Davidson, Inc.		455		22,331
Thor Industries, Inc.		156		4,923

Total Automobiles				637,755
Beverages – 1.8%
Beam, Inc.		172		10,074
Boston Beer Co., Inc. (The) Class A^*(a)		18		1,922
Brown-Forman Corp. Class B		278		23,182
Coca-Cola Bottling Co. Consolidated		49		3,074
Coca-Cola Co. (The)		5,208		385,444
Coca-Cola Enterprises, Inc.		1,008		28,829
Constellation Brands, Inc. Class A^*		1,127		26,586
Dr. Pepper Snapple Group, Inc.		560		22,518
Molson Coors Brewing Co. Class B		618		27,965
Monster Beverage Corp.^*		252		15,647
PepsiCo, Inc.		3,760		249,476

Total Beverages				794,717
Biotechnology – 1.1%
Alexion Pharmaceuticals, Inc.^*		139		12,908
Amgen, Inc.		2,889		196,423
Biogen Idec, Inc.^*		462		58,198
Celgene Corp.^*		629		48,760
Cubist Pharmaceuticals, Inc.^*		73		3,157
Emergent Biosolutions, Inc.^*		107		1,712
Gilead Sciences, Inc.^*		2,857		139,565
Momenta Pharmaceuticals, Inc.^*		463		7,093
Myriad Genetics, Inc.^*		234		5,536
PDL BioPharma, Inc.^(a)		1,414		8,979
United Therapeutics Corp.^*		143		6,740

Total Biotechnology				489,071
Building Products – 0.1%
A.O. Smith Corp.		117		5,259
Armstrong World Industries, Inc.		63		3,073
Lennox International, Inc.		103		4,151

See Notes to Financial Statements.


14		WisdomTree Domestic and International Earnings Funds

Schedule of Investments (continued)

WisdomTree Total Earnings Fund (EXT)

March 31, 2012


Investments	Shares		Value

Owens Corning^*		414	$	14,916
Simpson Manufacturing Co., Inc.		102		3,289

Total Building Products				30,688
Capital Markets – 2.5%
Affiliated Managers Group, Inc.^*		66		7,379
American Capital Ltd.^*		4,389		38,053
Ameriprise Financial, Inc.		1,033		59,015
Ares Capital Corp.		1,041		17,020
Artio Global Investors, Inc.		517		2,466
Bank of New York Mellon Corp. (The)		4,908		118,430
BlackRock Kelso Capital Corp.		395		3,879
BlackRock, Inc.		516		105,728
Charles Schwab Corp. (The)		2,956		42,478
Cohen & Steers, Inc.		74		2,361
ETRADE Financial Corp.^		539		5,902
Eaton Vance Corp.		321		9,174
Federated Investors, Inc. Class B^(a)		355		7,956
Fifth Street Finance Corp.		239		2,333
Financial Engines, Inc.^*		88		1,968
Franklin Resources, Inc.		711		88,185
GAMCO Investors, Inc. Class A		97		4,812
GFI Group, Inc.		439		1,651
Goldman Sachs Group, Inc. (The)		1,605		199,614
Greenhill & Co., Inc.		54		2,357
Janus Capital Group, Inc.		1,087		9,685
Jefferies Group, Inc.		698		13,150
Knight Capital Group, Inc. Class A^*		354		4,556
Legg Mason, Inc.		300		8,379
Main Street Capital Corp.^(a)		103		2,537
Morgan Stanley		5,770		113,323
Northern Trust Corp.		585		27,758
Prospect Capital Corp.		429		4,710
Raymond James Financial, Inc.		404		14,758
SEI Investments Co.		504		10,428
Solar Capital Ltd.		146		3,222
State Street Corp.		1,605		73,027
Stifel Financial Corp.^*		137		5,184
T. Rowe Price Group, Inc.		522		34,087
TD Ameritrade Holding Corp.		1,442		28,465
Triangle Capital Corp.^(a)		112		2,212
Waddell & Reed Financial, Inc. Class A		258		8,362

Total Capital Markets				1,084,604
Chemicals – 2.5%
Air Products & Chemicals, Inc.		557		51,133
Airgas, Inc.		157		13,968
Albemarle Corp.		309		19,751
Balchem Corp.		63		1,906
Cabot Corp.		165		7,042
Calgon Carbon Corp.^*		135		2,107
Celanese Corp. Series A		512		23,644
CF Industries Holdings, Inc.		327		59,727
Cytec Industries, Inc.		131		7,963
Dow Chemical Co. (The)		3,789		131,251

E.I. du Pont de Nemours & Co.		2,950	$	156,055
Eastman Chemical Co.		550		28,430
Ecolab, Inc.		416		25,676
Ferro Corp.^*		618		3,671
FMC Corp.		140		14,820
Georgia Gulf Corp.^*		154		5,372
H.B. Fuller Co.		233		7,649
Huntsman Corp.		634		8,882
Innophos Holdings, Inc.		45		2,255
Innospec, Inc.^*		126		3,828
International Flavors & Fragrances, Inc.		232		13,595
Intrepid Potash, Inc.^*		138		3,358
Koppers Holdings, Inc.		138		5,321
Kraton Performance Polymers, Inc.^*		245		6,510
Kronos Worldwide, Inc.^(a)		529		13,193
LSB Industries, Inc.^*		92		3,581
Minerals Technologies, Inc.		47		3,074
Monsanto Co.		864		68,913
Mosaic Co. (The)		1,532		84,704
NewMarket Corp.		50		9,370
Olin Corp.		314		6,830
Omnova Solutions, Inc.^*		729		4,921
PolyOne Corp.		529		7,618
PPG Industries, Inc.		518		49,624
Praxair, Inc.		552		63,281
Rockwood Holdings, Inc.^*		307		16,010
RPM International, Inc.		364		9,533
Scotts Miracle-Gro Co. (The) Class A^(a)		132		7,149
Sensient Technologies Corp.		140		5,320
Sherwin-Williams Co. (The)		228		24,777
Sigma-Aldrich Corp.		268		19,580
Solutia, Inc.		465		12,992
Stepan Co.		51		4,478
TPC Group, Inc.^*		109		4,819
Valhi, Inc.		100		5,305
Valspar Corp.		266		12,845
W.R. Grace & Co.^*		275		15,895
Westlake Chemical Corp.		279		18,076

Total Chemicals				1,075,802
Commercial Banks – 3.5%
Associated Banc-Corp.		254		3,546
BancFirst Corp.		53		2,309
BancorpSouth, Inc.^(a)		237		3,192
Bank of Hawaii Corp.		157		7,591
Bank of the Ozarks, Inc.		160		5,001
BB&T Corp.		1,679		52,704
BOK Financial Corp.		208		11,706
Camden National Corp.		79		2,777
Cathay General Bancorp		204		3,611
CIT Group, Inc.^*		420		17,321
City National Corp.		116		6,086
Comerica, Inc.		501		16,212
Commerce Bancshares, Inc.		279		11,305

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			15

Schedule of Investments (continued)

WisdomTree Total Earnings Fund (EXT)

March 31, 2012


Investments	Shares		Value

Community Bank System, Inc.		117	$	3,367
Community Trust Bancorp, Inc.		79		2,533
Cullen/Frost Bankers, Inc.		150		8,728
CVB Financial Corp.		305		3,581
East West Bancorp, Inc.		358		8,266
FNB Corp.		265		3,201
Fifth Third Bancorp		2,856		40,127
First Citizens BancShares, Inc. Class A		30		5,481
First Financial Bancorp		176		3,045
First Financial Bankshares, Inc.^(a)		91		3,204
First Niagara Financial Group, Inc.		852		8,384
First Republic Bank^*		362		11,924
FirstMerit Corp.		238		4,013
Fulton Financial Corp.		523		5,491
Glacier Bancorp, Inc.		181		2,704
Hancock Holding Co.		84		2,983
Huntington Bancshares, Inc.		2,788		17,983
Iberiabank Corp.		85		4,545
Independent Bank Corp.		71		2,040
International Bancshares Corp.		324		6,853
Investors Bancorp, Inc.^*		214		3,214
KeyCorp		4,182		35,547
M&T Bank Corp.		395		34,318
National Penn Bancshares, Inc.		318		2,814
NBT Bancorp, Inc.		112		2,473
Old National Bancorp		220		2,891
Oriental Financial Group, Inc.		166		2,009
Pacific Capital Bancorp NA^*		113		5,154
Park National Corp.^(a)		51		3,528
PNC Financial Services Group, Inc.		2,126		137,106
Prosperity Bancshares, Inc.		124		5,679
Regions Financial Corp.		1,449		9,549
Republic Bancorp, Inc. Class A		204		4,880
S&T Bancorp, Inc.^(a)		87		1,887
Signature Bank^*		79		4,980
Simmons First National Corp. Class A		88		2,273
SunTrust Banks, Inc.		1,061		25,644
Susquehanna Bancshares, Inc.		234		2,312
SVB Financial Group^*		152		9,780
TCF Financial Corp.		465		5,529
Texas Capital Bancshares, Inc.^*		85		2,943
Tompkins Financial Corp.^(a)		71		2,844
Trustmark Corp.		182		4,546
U.S. Bancorp		6,127		194,103
UMB Financial Corp.		86		3,847
Umpqua Holdings Corp.		222		3,010
United Bankshares, Inc.^(a)		118		3,405
Valley National Bancorp^(a)		447		5,789
Webster Financial Corp.		222		5,033
Wells Fargo & Co.		20,270		692,018
Westamerica Bancorp.		67		3,216

Total Commercial Banks				1,514,135

Commercial Services & Supplies – 0.5%
ABM Industries, Inc.		154	$	3,742
Avery Dennison Corp.		377		11,359
Brink’s Co. (The)		185		4,416
Cintas Corp.		336		13,144
Clean Harbors, Inc.^*		78		5,252
Consolidated Graphics, Inc.^*		53		2,398
Copart, Inc.^*		302		7,873
Corrections Corp. of America^*		311		8,493
Covanta Holding Corp.		260		4,220
Deluxe Corp.		322		7,541
Encore Capital Group, Inc.^*		113		2,548
Ennis, Inc.		208		3,291
Geo Group, Inc. (The)^*		102		1,939
Herman Miller, Inc.		158		3,628
HNI Corp.		105		2,914
Iron Mountain, Inc.		325		9,360
KAR Auction Services, Inc.^*		151		2,448
Knoll, Inc.		208		3,461
McGrath Rentcorp		56		1,798
Mine Safety Appliances Co.		112		4,601
NL Industries, Inc.		165		2,458
Pitney Bowes, Inc.^(a)		822		14,451
Portfolio Recovery Associates, Inc.^*		46		3,299
R.R. Donnelley & Sons Co.^(a)		516		6,393
Republic Services, Inc.		734		22,431
Rollins, Inc.		192		4,086
Stericycle, Inc.^*		114		9,535
SYKES Enterprises, Inc.^*		180		2,844
Tetra Tech, Inc.^*		136		3,585
UniFirst Corp.		91		5,601
United Stationers, Inc.		167		5,182
Waste Connections, Inc.		223		7,254
Waste Management, Inc.		1,184		41,393

Total Commercial Services & Supplies				232,938
Communications Equipment – 1.5%
ADTRAN, Inc.		243		7,579
Arris Group, Inc.^*		371		4,192
Aruba Networks, Inc.^*		107		2,384
Black Box Corp.		83		2,117
Brocade Communications Systems, Inc.^*		730		4,198
Cisco Systems, Inc.		13,674		289,205
Comtech Telecommunications Corp.		79		2,574
EchoStar Corp. Class A^*		293		8,245
F5 Networks, Inc.^*		82		11,067
Finisar Corp.^*		189		3,808
Harris Corp.		556		25,065
InterDigital, Inc.		115		4,009
JDS Uniphase Corp.^*		209		3,028
Juniper Networks, Inc.^*		981		22,445
Loral Space & Communications, Inc.^*		232		18,467
Motorola Solutions, Inc.		562		28,566
NETGEAR, Inc.^*		86		3,285

See Notes to Financial Statements.


16		WisdomTree Domestic and International Earnings Funds

Schedule of Investments (continued)

WisdomTree Total Earnings Fund (EXT)

March 31, 2012


Investments	Shares		Value

Plantronics, Inc.		125	$	5,033
Polycom, Inc.^*		248		4,729
QUALCOMM, Inc.		2,930		199,299
Westell Technologies, Inc. Class A^*		1,184		2,759

Total Communications Equipment				652,054
Computers & Peripherals – 5.0%
Apple, Inc.^*		2,501		1,499,274
Dell, Inc.^*		8,776		145,681
Diebold, Inc.		164		6,317
EMC Corp.^*		3,693		110,347
Hewlett-Packard Co.		9,802		233,582
Lexmark International, Inc. Class A^(a)		436		14,493
NCR Corp.^*		455		9,878
NetApp, Inc.^*		632		28,295
QLogic Corp.^*		386		6,855
SanDisk Corp.^*		942		46,714
Synaptics, Inc.^*(a)		116		4,235
Western Digital Corp.^*		1,130		46,771

Total Computers & Peripherals				2,152,442
Construction & Engineering – 0.3%
AECOM Technology Corp.^*		438		9,798
EMCOR Group, Inc.		175		4,851
Fluor Corp.		426		25,577
Jacobs Engineering Group, Inc.^*		301		13,356
KBR, Inc.		684		24,316
MasTec, Inc.^*		292		5,282
Primoris Services Corp.		156		2,506
Quanta Services, Inc.^*		269		5,622
Tutor Perini Corp.^*		250		3,895
URS Corp.		335		14,244

Total Construction & Engineering				109,447
Construction Materials – 0.0%
Martin Marietta Materials, Inc.^(a)		67		5,737
Consumer Finance – 1.2%
Advance America, Cash Advance Centers, Inc.		449		4,710
American Express Co.		3,319		192,037
Capital One Financial Corp.		3,015		168,056
Cash America International, Inc.		129		6,183
Credit Acceptance Corp.^*		101		10,202
DFC Global Corp.^*		177		3,340
Discover Financial Services		2,842		94,752
Ezcorp, Inc. Class A^*		151		4,901
First Cash Financial Services, Inc.^*		73		3,131
Green Dot Corp. Class A^*(a)		58		1,538
Nelnet, Inc. Class A		382		9,898
SLM Corp.		1,888		29,755
World Acceptance Corp.^*(a)		70		4,288

Total Consumer Finance				532,791
Containers & Packaging – 0.3%
Aptargroup, Inc.		151		8,270
Ball Corp.		565		24,227
Bemis Co., Inc.		219		7,072

Boise, Inc.		746	$	6,125
Crown Holdings, Inc.^*		439		16,168
Graphic Packaging Holding Co.^*		947		5,227
Greif, Inc. Class A		185		10,345
Owens-Illinois, Inc.^*		371		8,659
Packaging Corp. of America		369		10,919
Rock-Tenn Co. Class A		129		8,715
Sealed Air Corp.		583		11,258
Silgan Holdings, Inc.		183		8,089
Sonoco Products Co.		267		8,864

Total Containers & Packaging				133,938
Distributors – 0.1%
Core-Mark Holding Co., Inc.		53		2,170
Genuine Parts Co.		393		24,661
LKQ Corp.^*		284		8,852
Pool Corp.		169		6,324

Total Distributors				42,007
Diversified Consumer Services – 0.4%
Apollo Group, Inc. Class A^*		618		23,880
Bridgepoint Education, Inc.^*		311		7,697
Capella Education Co.^*		67		2,409
Career Education Corp.^*		1,066		8,592
Coinstar, Inc.^*(a)		86		5,465
DeVry, Inc.		335		11,347
Education Management Corp.^*(a)		422		5,777
H&R Block, Inc.		1,117		18,397
Hillenbrand, Inc.		232		5,324
ITT Educational Services, Inc.^*(a)		279		18,453
Lincoln Educational Services Corp.		329		2,602
Matthews International Corp. Class A		82		2,595
Regis Corp.		238		4,386
Service Corp. International		658		7,409
Sotheby’s		232		9,127
Strayer Education, Inc.^(a)		48		4,525
Weight Watchers International, Inc.^(a)		193		14,898

Total Diversified Consumer Services				152,883
Diversified Financial Services – 4.5%
Bank of America Corp.		15,972		152,852
CBOE Holdings, Inc.		285		8,100
Citigroup, Inc.		15,314		559,727
CME Group, Inc.		188		54,394
Gain Capital Holdings, Inc.^(a)		431		2,163
Interactive Brokers Group, Inc. Class A		139		2,363
IntercontinentalExchange, Inc.^*		159		21,850
JPMorgan Chase & Co.		21,559		991,283
Leucadia National Corp.		1,950		50,895
Moody’s Corp.		747		31,449
MSCI, Inc. Class A^*		171		6,294
NASDAQ OMX Group, Inc. (The)^*		732		18,959
NYSE Euronext		947		28,419

Total Diversified Financial Services				1,928,748

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			17

Schedule of Investments (continued)

WisdomTree Total Earnings Fund (EXT)

March 31, 2012


Investments	Shares		Value

Diversified Telecommunication Services – 2.1%
AboveNet, Inc.^*		74	$	6,127
AT&T, Inc.		16,543		516,638
CenturyLink, Inc.		781		30,186
Cincinnati Bell, Inc.^*		761		3,059
Frontier Communications Corp.^(a)		1,150		4,795
tw telecom, inc.^*		227		5,030
Verizon Communications, Inc.		8,068		308,440
Windstream Corp.		997		11,675

Total Diversified Telecommunication Services				885,950
Electric Utilities – 1.6%
ALLETE, Inc.		116		4,813
American Electric Power Co., Inc.		853		32,909
Cleco Corp.		227		9,001
Duke Energy Corp.		3,410		71,644
Edison International		1,057		44,933
El Paso Electric Co.		137		4,451
Empire District Electric Co. (The)		112		2,279
Entergy Corp.		771		51,811
Exelon Corp.		2,521		98,849
FirstEnergy Corp.		975		44,450
Great Plains Energy, Inc.		390		7,905
Hawaiian Electric Industries, Inc.		216		5,476
IDACORP, Inc.		135		5,551
ITC Holdings Corp.		97		7,463
MGE Energy, Inc.		85		3,773
NextEra Energy, Inc.		1,117		68,227
Northeast Utilities		517		19,191
NV Energy, Inc.		669		10,784
Pepco Holdings, Inc.		541		10,220
Pinnacle West Capital Corp.		291		13,939
Portland General Electric Co.		186		4,646
PPL Corp.		1,696		47,929
Progress Energy, Inc.		626		33,247
Southern Co. (The)		1,853		83,255
UIL Holdings Corp.		87		3,024
Unisource Energy Corp.		148		5,412
Westar Energy, Inc.		311		8,686

Total Electric Utilities				703,868
Electrical Equipment – 0.6%
Acuity Brands, Inc.		46		2,890
AMETEK, Inc.		352		17,076
AZZ, Inc.		33		1,704
Babcock & Wilcox Co. (The)^*		240		6,180
Belden, Inc.		113		4,284
Brady Corp. Class A		209		6,761
Emerson Electric Co.		1,809		94,394
EnerSys^*		244		8,455
Franklin Electric Co., Inc.		54		2,650
Generac Holdings, Inc.^*(a)		90		2,209
General Cable Corp.^*		176		5,118
Global Power Equipment Group, Inc.^*		102		2,825
GrafTech International Ltd.^*		438		5,230

Hubbell, Inc. Class B		164	$	12,887
II-VI, Inc.^*		294		6,953
Polypore International, Inc.^*(a)		70		2,461
Powell Industries, Inc.^*		56		1,918
Regal-Beloit Corp.		140		9,177
Rockwell Automation, Inc.		328		26,142
Roper Industries, Inc.		194		19,237
Thomas & Betts Corp.^*		118		8,485

Total Electrical Equipment				247,036
Electronic Equipment, Instruments & Components – 1.0%
Amphenol Corp. Class A		443		26,478
Anixter International, Inc.^*		115		8,341
Arrow Electronics, Inc.^*		631		26,483
Avnet, Inc.^*		822		29,913
AVX Corp.		626		8,301
Benchmark Electronics, Inc.^*		273		4,502
Cognex Corp.		75		3,177
Coherent, Inc.^*		64		3,733
Corning, Inc.		8,361		117,723
Dolby Laboratories, Inc. Class A^*		341		12,978
FEI Co.^*		90		4,420
FLIR Systems, Inc.		391		9,896
Ingram Micro, Inc. Class A^*		586		10,876
Insight Enterprises, Inc.^*		348		7,632
IPG Photonics Corp.^*		103		5,361
Jabil Circuit, Inc.		735		18,463
Kemet Corp.^*		478		4,474
Littelfuse, Inc.		91		5,706
Molex, Inc.		472		13,273
MTS Systems Corp.		99		5,256
Multi-Fineline Electronix, Inc.^*		123		3,376
National Instruments Corp.		185		5,276
Newport Corp.^*		174		3,083
Plexus Corp.^*		208		7,278
Power-One, Inc.^*		1,364		6,206
Rofin-Sinar Technologies, Inc.^*		136		3,586
Sanmina-SCI Corp.^*		455		5,210
Scansource, Inc.^*		150		5,598
SYNNEX Corp.^*		169		6,446
Tech Data Corp.^*		187		10,147
Trimble Navigation Ltd.^*		87		4,735
TTM Technologies, Inc.^*		223		2,562
Vishay Intertechnology, Inc.^*		1,465		17,814

Total Electronic Equipment, Instruments & Components				408,303
Energy Equipment & Services – 1.1%
Atwood Oceanics, Inc.^*		310		13,916
Baker Hughes, Inc.		1,283		53,809
Bristow Group, Inc.		124		5,919
Cameron International Corp.^*		471		24,883
CARBO Ceramics, Inc.^(a)		45		4,745
Diamond Offshore Drilling, Inc.^(a)		692		46,191
Dresser-Rand Group, Inc.^*		86		3,990

See Notes to Financial Statements.


18		WisdomTree Domestic and International Earnings Funds

Schedule of Investments (continued)

WisdomTree Total Earnings Fund (EXT)

March 31, 2012


Investments	Shares		Value

Dril-Quip, Inc.^*		61	$	3,966
FMC Technologies, Inc.^*		326		16,437
Gulfmark Offshore, Inc. Class A^*		71		3,263
Halliburton Co.		3,036		100,765
Helix Energy Solutions Group, Inc.^*		153		2,723
Helmerich & Payne, Inc.		266		14,351
Lufkin Industries, Inc.		29		2,339
National Oilwell Varco, Inc.		1,075		85,430
Newpark Resources^*		328		2,686
Oceaneering International, Inc.		206		11,101
Oil States International, Inc.^*		114		8,899
Patterson-UTI Energy, Inc.		546		9,440
Rowan Cos., Inc.^*		244		8,035
RPC, Inc.^(a)		820		8,700
SEACOR Holdings, Inc.^*		29		2,778
Superior Energy Services, Inc.^*		322		8,488
Tidewater, Inc.		87		4,700
Unit Corp.^*		132		5,644

Total Energy Equipment & Services				453,198
Food & Staples Retailing – 2.6%
Andersons, Inc. (The)		81		3,944
Casey’s General Stores, Inc.		92		5,102
Costco Wholesale Corp.		692		62,834
CVS Caremark Corp.		3,704		165,939
Harris Teeter Supermarkets, Inc.		130		5,213
Ingles Markets, Inc. Class A		148		2,611
Kroger Co. (The)		1,923		46,594
Pantry, Inc. (The)^*		52		676
PriceSmart, Inc.		62		4,514
Safeway, Inc.^(a)		1,069		21,604
Spartan Stores, Inc.		63		1,142
SUPERVALU, Inc.^(a)		804		4,591
Sysco Corp.		1,580		47,179
United Natural Foods, Inc.^*		117		5,459
Walgreen Co.		2,700		90,423
Wal-Mart Stores, Inc.		10,259		627,851
Weis Markets, Inc.		66		2,878
Whole Foods Market, Inc.		224		18,637

Total Food & Staples Retailing				1,117,191
Food Products – 1.6%
Archer-Daniels-Midland Co.		2,898		91,751
B&G Foods, Inc.		90		2,026
Cal-Maine Foods, Inc.^(a)		98		3,749
Campbell Soup Co.		970		32,835
Chiquita Brands International, Inc.^*		175		1,538
ConAgra Foods, Inc.		1,068		28,046
Corn Products International, Inc.		228		13,144
Darling International, Inc.^*		573		9,982
Dean Foods Co.^*		371		4,493
Diamond Foods, Inc.^(a)		64		1,460
Flowers Foods, Inc.		276		5,622
General Mills, Inc.		1,623		64,027
Green Mountain Coffee Roasters, Inc.^*(a)		121		5,668

H.J. Heinz Co.		697	$	37,324
Hershey Co. (The)		438		26,863
Hormel Foods Corp.		658		19,424
J&J Snack Foods Corp.		37		1,941
J.M. Smucker Co. (The)		261		21,235
Kellogg Co.		935		50,144
Kraft Foods, Inc. Class A		3,516		133,643
Lancaster Colony Corp.		89		5,915
McCormick & Co., Inc.		330		17,962
Mead Johnson Nutrition Co.		275		22,682
Sara Lee Corp.		702		15,114
Seneca Foods Corp. Class A^*		75		1,976
Smithfield Foods, Inc.^*		641		14,121
TreeHouse Foods, Inc.^*		73		4,344
Tyson Foods, Inc. Class A		1,516		29,031

Total Food Products				666,060
Gas Utilities – 0.2%
AGL Resources, Inc.		252		9,883
Atmos Energy Corp.		283		8,903
Laclede Group, Inc. (The)		66		2,575
National Fuel Gas Co.		121		5,823
New Jersey Resources Corp.		90		4,011
Northwest Natural Gas Co.		74		3,360
ONEOK, Inc.		201		16,414
Piedmont Natural Gas Co., Inc.^(a)		165		5,127
Questar Corp.		471		9,071
South Jersey Industries, Inc.		98		4,904
Southwest Gas Corp.		129		5,513
UGI Corp.		334		9,102
WGL Holdings, Inc.		141		5,739

Total Gas Utilities				90,425
Health Care Equipment & Supplies – 1.5%
Align Technology, Inc.^*		146		4,022
Baxter International, Inc.		1,722		102,941
Becton Dickinson and Co.		640		49,696
Boston Scientific Corp.^*		4,634		27,711
C.R. Bard, Inc.		245		24,186
CareFusion Corp.^*		457		11,850
Conceptus, Inc.^*		219		3,149
CONMED Corp.		102		3,047
Cooper Cos., Inc. (The)		109		8,906
Cyberonics, Inc.^*		75		2,860
DENTSPLY International, Inc.		330		13,243
Edwards Lifesciences Corp.^*		108		7,855
Gen-Probe, Inc.^*		47		3,121
Greatbatch, Inc.^*		85		2,084
Haemonetics Corp.^*		49		3,414
Hill-Rom Holdings, Inc.		154		5,145
Hologic, Inc.^*		194		4,181
IDEXX Laboratories, Inc.^*		89		7,783
Intuitive Surgical, Inc.^*		46		24,921
Masimo Corp.^*		131		3,063
Medtronic, Inc.		3,450		135,206

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			19

Schedule of Investments (continued)

WisdomTree Total Earnings Fund (EXT)

March 31, 2012


Investments	Shares		Value

NuVasive, Inc.^*		216	$	3,637
ResMed, Inc.^*		257		7,944
Sirona Dental Systems, Inc.^*		92		4,742
St. Jude Medical, Inc.		1,007		44,620
STERIS Corp.		169		5,344
Stryker Corp.		991		54,981
Teleflex, Inc.		91		5,565
Thoratec Corp.^*		73		2,461
Varian Medical Systems, Inc.^*		248		17,102
West Pharmaceutical Services, Inc.		82		3,487
Zimmer Holdings, Inc.		645		41,461

Total Health Care Equipment & Supplies				639,728
Health Care Providers & Services – 2.8%
Aetna, Inc.		1,797		90,138
Amedisys, Inc.^*		236		3,413
AMERIGROUP Corp.^*		200		13,456
AmerisourceBergen Corp.		778		30,871
Amsurg Corp.^*		113		3,162
Cardinal Health, Inc.		867		37,376
Catalyst Health Solutions, Inc.^*		65		4,142
Centene Corp.^*		125		6,121
Chemed Corp.		83		5,202
Cigna Corp.		1,283		63,188
Community Health Systems, Inc.^*		657		14,612
Coventry Health Care, Inc.		680		24,188
DaVita, Inc.^*		226		20,378
Ensign Group, Inc. (The)		113		3,069
Express Scripts Holding Co.^*		1,094		59,273
Five Star Quality Care, Inc.^*		1,163		3,966
Hanger Orthopedic Group, Inc.^*		106		2,317
HCA Holdings, Inc.		1,263		31,247
Health Management Associates, Inc. Class A^*		1,088		7,311
Health Net, Inc.^*		341		13,545
Healthways, Inc.^*		223		1,641
Henry Schein, Inc.^*		235		17,785
Humana, Inc.		668		61,777
Kindred Healthcare, Inc.^*		197		1,702
Laboratory Corp. of America Holdings^*		259		23,709
Landauer, Inc.		19		1,007
LifePoint Hospitals, Inc.^*		231		9,111
Lincare Holdings, Inc.		305		7,893
Magellan Health Services, Inc.^*		107		5,223
McKesson Corp.		681		59,771
Medco Health Solutions, Inc.^*		1,032		72,550
Mednax, Inc.^*		150		11,155
Molina Healthcare, Inc.^*		228		7,668
National Healthcare Corp.		34		1,549
Omnicare, Inc.		209		7,434
Owens & Minor, Inc.		156		4,744
Patterson Cos., Inc.		352		11,757
PSS World Medical, Inc.^*		138		3,497
Quest Diagnostics, Inc.		483		29,535
Select Medical Holdings Corp.^*		585		4,499
Team Health Holdings, Inc.^*		120		2,467

Tenet Healthcare Corp.^*		1,415	$	7,514
Triple-S Management Corp. Class B^*		186		4,297
UnitedHealth Group, Inc.		4,096		241,418
Universal American Corp.		495		5,336
Universal Health Services, Inc. Class B		340		14,249
VCA Antech, Inc.^*		233		5,408
WellCare Health Plans, Inc.^*		138		9,919
WellPoint, Inc.		1,699		125,386

Total Health Care Providers & Services				1,196,976
Health Care Technology – 0.1%
Allscripts Healthcare Solutions, Inc.^*		117		1,942
Cerner Corp.^*		209		15,918
Quality Systems, Inc.		69		3,017

Total Health Care Technology				20,877
Hotels, Restaurants & Leisure – 1.4%
Ameristar Casinos, Inc.		96		1,788
Bally Technologies, Inc.^*		117		5,470
Bob Evans Farms, Inc.		124		4,677
Bravo Brio Restaurant Group, Inc.^*		150		2,994
Brinker International, Inc.		268		7,383
Buffalo Wild Wings, Inc.^*		32		2,902
CEC Entertainment, Inc.		106		4,018
Cheesecake Factory, Inc. (The)^*		88		2,586
Chipotle Mexican Grill, Inc.^*		24		10,032
Choice Hotels International, Inc.		137		5,116
Churchill Downs, Inc.		41		2,292
Cracker Barrel Old Country Store, Inc.		117		6,529
Darden Restaurants, Inc.		379		19,390
Domino’s Pizza, Inc.		181		6,570
Einstein Noah Restaurant Group, Inc.		107		1,596
Hyatt Hotels Corp. Class A^*		73		3,119
International Game Technology		664		11,149
International Speedway Corp. Class A		150		4,162
Interval Leisure Group, Inc.		154		2,680
Jack In The Box, Inc.^*		181		4,339
Las Vegas Sands Corp.		951		54,749
Life Time Fitness, Inc.^*		98		4,956
Marriott International, Inc. Class A		319		12,074
McDonald’s Corp.		2,145		210,425
Panera Bread Co. Class A^*		50		8,046
Papa John’s International, Inc.^*		107		4,030
Penn National Gaming, Inc.^*		147		6,318
Sonic Corp.^*		199		1,528
Speedway Motorsports, Inc.		85		1,588
Starbucks Corp.		1,127		62,988
Starwood Hotels & Resorts Worldwide, Inc.		347		19,574
Texas Roadhouse, Inc.		147		2,446
Vail Resorts, Inc.		28		1,211
WMS Industries, Inc.^*		107		2,539
Wyndham Worldwide Corp.		499		23,208
Wynn Resorts Ltd.		166		20,730
Yum! Brands, Inc.		849		60,432

Total Hotels, Restaurants & Leisure				605,634

See Notes to Financial Statements.


20		WisdomTree Domestic and International Earnings Funds

Schedule of Investments (continued)

WisdomTree Total Earnings Fund (EXT)

March 31, 2012


Investments	Shares		Value

Household Durables – 0.3%
American Greetings Corp. Class A		254	$	3,897
Blyth, Inc.		35		2,619
D.R. Horton, Inc.		389		5,901
Harman International Industries, Inc.		135		6,319
Jarden Corp.		271		10,902
La-Z-Boy, Inc.^*		234		3,501
Leggett & Platt, Inc.		311		7,156
Lennar Corp. Class A^(a)		168		4,566
Mohawk Industries, Inc.^*		120		7,981
Newell Rubbermaid, Inc.		965		17,187
NVR, Inc.^*		12		8,716
Tempur-Pedic International, Inc.^*		164		13,847
Toll Brothers, Inc.^*		169		4,054
Tupperware Brands Corp.		184		11,684
Whirlpool Corp.		524		40,275

Total Household Durables				148,605
Household Products – 1.6%
Central Garden and Pet Co. Class A^*		279		2,687
Church & Dwight Co., Inc.		304		14,954
Clorox Co. (The)		324		22,275
Colgate-Palmolive Co.		1,031		100,811
Energizer Holdings, Inc.^*		151		11,201
Kimberly-Clark Corp.		1,016		75,072
Procter & Gamble Co. (The)		6,702		450,442
WD-40 Co.		44		1,995

Total Household Products				679,437
Independent Power Producers & Energy Traders – 0.0%
AES Corp. (The)^*		593		7,750
NRG Energy, Inc.^*		710		11,126
Ormat Technologies, Inc.^(a)		84		1,693

Total Independent Power Producers & Energy Traders				20,569
Industrial Conglomerates – 1.8%
3M Co.		2,011		179,401
Carlisle Cos., Inc.		138		6,889
Danaher Corp.		1,561		87,416
General Electric Co.		24,634		494,405
Raven Industries, Inc.		33		2,013
Seaboard Corp.^*		5		9,755

Total Industrial Conglomerates				779,879
Insurance – 4.1%
Aflac, Inc.		2,574		118,378
Alleghany Corp.^*		18		5,924
Allstate Corp. (The)		767		25,250
American Equity Investment Life Holding Co.		259		3,307
American Financial Group, Inc.		398		15,355
American National Insurance Co.		71		5,149
AMERISAFE, Inc.^*		120		2,969
AmTrust Financial Services, Inc.		295		7,930
Arthur J. Gallagher & Co.		200		7,148
Assurant, Inc.		493		19,966

Berkshire Hathaway, Inc. Class B^*		5,549	$	450,301
Brown & Brown, Inc.		318		7,562
Chubb Corp. (The)		985		68,073
Cincinnati Financial Corp.		159		5,487
CNA Financial Corp.		1,002		29,389
CNO Financial Group, Inc.^*		2,467		19,193
Crawford & Co. Class B		399		1,955
Delphi Financial Group, Inc. Class A		301		13,476
Employers Holdings, Inc.		158		2,798
Erie Indemnity Co. Class A		105		8,184
FBL Financial Group, Inc. Class A		185		6,234
Fidelity National Financial, Inc. Class A		797		14,370
First American Financial Corp.		447		7,434
Genworth Financial, Inc. Class A^*		338		2,812
Hanover Insurance Group, Inc. (The)		57		2,344
Hartford Financial Services Group, Inc.		2,274		47,936
HCC Insurance Holdings, Inc.		394		12,281
Horace Mann Educators Corp.		202		3,559
Infinity Property & Casualty Corp.		64		3,349
Kemper Corp.		141		4,269
Lincoln National Corp.		2,250		59,310
Loews Corp.		1,293		51,552
Markel Corp.^*		21		9,428
Marsh & McLennan Cos., Inc.		950		31,150
Meadowbrook Insurance Group, Inc.		184		1,717
Mercury General Corp.		136		5,949
MetLife, Inc.		4,862		181,596
National Western Life Insurance Co. Class A		24		3,285
Navigators Group, Inc. (The)^*		41		1,937
Phoenix Cos., Inc. (The)^*		1,461		3,579
Primerica, Inc.		374		9,428
Principal Financial Group, Inc.		1,286		37,950
ProAssurance Corp.		126		11,102
Progressive Corp. (The)		2,032		47,102
Protective Life Corp.		546		16,172
Prudential Financial, Inc.		2,395		151,819
Reinsurance Group of America, Inc.		430		25,572
RLI Corp.		95		6,806
Safety Insurance Group, Inc.		79		3,290
Selective Insurance Group, Inc.		105		1,849
StanCorp Financial Group, Inc.		227		9,293
Symetra Financial Corp.		603		6,953
Torchmark Corp.		476		23,729
Tower Group, Inc.		123		2,759
Travelers Cos., Inc. (The)		1,274		75,421
Universal Insurance Holdings, Inc.		929		3,614
Unum Group		1,707		41,787
W.R. Berkley Corp.		467		16,868

Total Insurance				1,763,399
Internet & Catalog Retail – 0.4%
Amazon.com, Inc.^*		181		36,654
Expedia, Inc.^(a)		339		11,336
HSN, Inc.		83		3,157

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			21

Schedule of Investments (continued)

WisdomTree Total Earnings Fund (EXT)

March 31, 2012


Investments	Shares		Value

Liberty Interactive Corp. Class A^*		1,235	$	23,576
Netflix, Inc.^*		112		12,885
priceline.com, Inc.^*		78		55,965
TripAdvisor, Inc.^*		339		12,092

Total Internet & Catalog Retail				155,665
Internet Software & Services – 1.3%
Akamai Technologies, Inc.^*		250		9,175
Ancestry.com, Inc.^*(a)		103		2,342
AOL, Inc.^*		156		2,959
Digital River, Inc.^*		129		2,414
Earthlink, Inc.		552		4,410
eBay, Inc.^*		2,359		87,024
Equinix, Inc.^*		16		2,519
Google, Inc. Class A^*		609		390,515
IAC/InterActiveCorp		91		4,467
j2 Global, Inc.^(a)		114		3,270
Keynote Systems, Inc.		101		1,996
Rackspace Hosting, Inc.^*		48		2,774
United Online, Inc.		413		2,020
ValueClick, Inc.^*		341		6,731
VeriSign, Inc.		88		3,374
WebMD Health Corp.^*		54		1,381
Yahoo!, Inc.^*		2,611		39,739

Total Internet Software & Services				567,110
IT Services – 3.1%
Acxiom Corp.^*		133		1,952
Alliance Data Systems Corp.^*		123		15,493
Automatic Data Processing, Inc.		954		52,651
Booz Allen Hamilton Holding Corp.		311		5,296
Broadridge Financial Solutions, Inc.		337		8,058
CACI International, Inc. Class A^*		86		5,357
Cardtronics, Inc.^*		101		2,651
Cognizant Technology Solutions Corp. Class A^*		478		36,782
Computer Sciences Corp.		1,089		32,605
Convergys Corp.^*		300		4,005
CoreLogic, Inc.^*		106		1,730
CSG Systems International, Inc.^*		169		2,559
DST Systems, Inc.		209		11,334
Euronet Worldwide, Inc.^*		81		1,692
Fidelity National Information Services, Inc.		701		23,217
Fiserv, Inc.^*		314		21,788
FleetCor Technologies, Inc.^*		134		5,195
Gartner, Inc.^*		156		6,652
Global Payments, Inc.		192		9,114
International Business Machines Corp.		2,994		624,698
Jack Henry & Associates, Inc.		216		7,370
Lender Processing Services, Inc.		362		9,412
ManTech International Corp. Class A		160		5,514
Mastercard, Inc. Class A		253		106,397
MAXIMUS, Inc.		102		4,148
NeuStar, Inc. Class A^*		205		7,636
Paychex, Inc.		743		23,026
SAIC, Inc.^*		1,525		20,130

Sapient Corp.		368	$	4,582
Syntel, Inc.		138		7,728
TeleTech Holdings, Inc.^*		294		4,733
Teradata Corp.^*		255		17,378
Total System Services, Inc.		504		11,627
Unisys Corp.^*		297		5,857
VeriFone Systems, Inc.^*		104		5,395
Visa, Inc. Class A		1,465		172,870
Western Union Co. (The)		2,041		35,922
Wright Express Corp.^*		79		5,114

Total IT Services				1,327,668
Leisure Equipment & Products – 0.1%
Hasbro, Inc.		393		14,431
Mattel, Inc.		997		33,559
Polaris Industries, Inc.		150		10,823

Total Leisure Equipment & Products				58,813
Life Sciences Tools & Services – 0.4%
Agilent Technologies, Inc.		1,066		47,448
Bio-Rad Laboratories, Inc. Class A^*		73		7,569
Bruker Corp.^*		307		4,700
Charles River Laboratories International, Inc.^*		104		3,753
Covance, Inc.^*		136		6,478
Illumina, Inc.^*(a)		114		5,998
Life Technologies Corp.^*		336		16,403
Mettler-Toledo International, Inc.^*(a)		54		9,976
PAREXEL International Corp.^*		132		3,560
PerkinElmer, Inc.		339		9,377
Techne Corp.		82		5,748
Thermo Fisher Scientific, Inc.		823		46,401
Waters Corp.^*		206		19,088

Total Life Sciences Tools & Services				186,499
Machinery – 2.5%
Actuant Corp. Class A		266		7,711
AGCO Corp.^*		324		15,296
Albany International Corp. Class A		96		2,203
Astec Industries, Inc.^*		90		3,283
Barnes Group, Inc.		169		4,446
Blount International, Inc.^*		148		2,469
Briggs & Stratton Corp.		170		3,048
Caterpillar, Inc.		1,968		209,631
Chart Industries, Inc.^*		28		2,053
CLARCOR, Inc.		117		5,744
Crane Co.		121		5,869
Cummins, Inc.		646		77,546
Deere & Co.		1,337		108,163
Donaldson Co., Inc.		282		10,076
Dover Corp.		560		35,246
Eaton Corp.		1,150		57,305
EnPro Industries, Inc.^*		89		3,658
ESCO Technologies, Inc.		66		2,427
Flowserve Corp.		148		17,096
Gardner Denver, Inc.		118		7,436

See Notes to Financial Statements.


22		WisdomTree Domestic and International Earnings Funds

Schedule of Investments (continued)

WisdomTree Total Earnings Fund (EXT)

March 31, 2012


Investments	Shares		Value

Graco, Inc.		152	$	8,065
Harsco Corp.		130		3,050
IDEX Corp.		249		10,490
Illinois Tool Works, Inc.		1,571		89,736
ITT Corp.		1,070		24,546
John Bean Technologies Corp.		99		1,604
Joy Global, Inc.		285		20,948
Kaydon Corp.		97		2,474
Kennametal, Inc.		238		10,598
Lincoln Electric Holdings, Inc.		183		8,294
Meritor, Inc.^*		494		3,987
Middleby Corp.^*		45		4,553
Mueller Industries, Inc.		112		5,090
NACCO Industries, Inc. Class A		49		5,702
Nordson Corp.		171		9,321
Oshkosh Corp.^*		601		13,925
PACCAR, Inc.		783		36,668
Pall Corp.		236		14,073
Parker Hannifin Corp.		531		44,896
Pentair, Inc.		216		10,284
Robbins & Myers, Inc.		90		4,685
Sauer-Danfoss, Inc.		297		13,959
Snap-On, Inc.		189		11,523
SPX Corp.		119		9,226
Stanley Black & Decker, Inc.		330		25,397
Timken Co. (The)		402		20,397
Toro Co. (The)		86		6,115
Trimas Corp.^*		119		2,664
Trinity Industries, Inc.		170		5,602
Valmont Industries, Inc.		79		9,275
WABCO Holdings, Inc.^*		279		16,874
Wabtec Corp.		116		8,743
Watts Water Technologies, Inc. Class A		119		4,849
Woodward, Inc.		146		6,253

Total Machinery				1,054,572
Marine – 0.0%
Alexander & Baldwin, Inc.		55		2,665
International Shipholding Corp.		92		2,124
Kirby Corp.^*		115		7,566

Total Marine				12,355
Media – 3.1%
AMC Networks, Inc. Class A^*		78		3,481
Arbitron, Inc.		62		2,293
Belo Corp. Class A		456		3,270
Cablevision Systems Corp. Class A		627		9,204
CBS Corp. Class B		1,811		61,411
Cinemark Holdings, Inc.		382		8,385
Comcast Corp. Class A		5,495		164,905
Cumulus Media, Inc. Class A^*		683		2,384
DIRECTV Class A^*		1,995		98,433
Discovery Communications, Inc. Class C^*		871		40,832
DISH Network Corp. Class A		1,989		65,498
DreamWorks Animation SKG, Inc. Class A^*(a)		268		4,945

Entercom Communications Corp. Class A^*		464	$	3,011
Gannett Co., Inc.		1,434		21,983
Harte-Hanks, Inc.		440		3,982
Interpublic Group of Cos., Inc. (The)		1,511		17,241
John Wiley & Sons, Inc. Class A		148		7,043
Madison Square Garden, Inc. Class A^*		81		2,770
McGraw-Hill Cos., Inc. (The)		790		38,291
Meredith Corp.^(a)		186		6,038
Morningstar, Inc.		70		4,413
News Corp. Class A		6,984		137,515
Omnicom Group, Inc.		718		36,367
Regal Entertainment Group Class A		267		3,631
Scholastic Corp.		157		5,539
Scripps Networks Interactive, Inc. Class A		404		19,671
Sinclair Broadcast Group, Inc. Class A		300		3,318
Sirius XM Radio, Inc.^*(a)		5,013		11,580
Time Warner Cable, Inc.		872		71,068
Time Warner, Inc.		3,227		121,819
Valassis Communications, Inc.^*		192		4,416
Viacom, Inc. Class B		1,955		92,784
Virgin Media, Inc.		164		4,097
Walt Disney Co. (The)		5,115		223,935
Washington Post Co. (The) Class B^(a)		21		7,845
World Wrestling Entertainment, Inc. Class A^(a)		216		1,916

Total Media				1,315,314
Metals & Mining – 1.4%
Alcoa, Inc.		3,898		39,058
Allegheny Technologies, Inc.		176		7,246
AMCOL International Corp.		101		2,978
Carpenter Technology Corp.		75		3,917
Century Aluminum Co.^*		286		2,540
Cliffs Natural Resources, Inc.		1,004		69,537
Coeur d’Alene Mines Corp.^*		98		2,327
Compass Minerals International, Inc.		78		5,596
Freeport-McMoRan Copper & Gold, Inc.		5,160		196,286
Globe Specialty Metals, Inc.		215		3,197
Hecla Mining Co.^(a)		657		3,035
Materion Corp.^*		87		2,500
Metals USA Holdings Corp.^*		188		2,709
Molycorp, Inc.^*(a)		92		3,112
Newmont Mining Corp.		1,425		73,060
Noranda Aluminum Holding Corp.		694		6,919
Nucor Corp.		545		23,408
Reliance Steel & Aluminum Co.		248		14,007
Royal Gold, Inc.		36		2,348
Schnitzer Steel Industries, Inc. Class A		91		3,630
Southern Copper Corp.		2,773		87,932
Steel Dynamics, Inc.		711		10,338
Stillwater Mining Co.^*		443		5,600
Titanium Metals Corp.		291		3,946
Walter Energy, Inc.		201		11,901
Worthington Industries, Inc.		263		5,044

Total Metals & Mining				592,171

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			23

Schedule of Investments (continued)

WisdomTree Total Earnings Fund (EXT)

March 31, 2012


Investments	Shares		Value

Multiline Retail – 0.8%
Big Lots, Inc.^*		249	$	10,712
Dillard’s, Inc. Class A		177		11,154
Dollar General Corp.^*		654		30,215
Dollar Tree, Inc.^*		228		21,544
Family Dollar Stores, Inc.		274		17,339
J.C. Penney Co., Inc.		331		11,727
Kohl’s Corp.		920		46,028
Macy’s, Inc.		1,391		55,264
Nordstrom, Inc.		547		30,479
Saks, Inc.^*(a)		273		3,169
Target Corp.		2,122		123,649

Total Multiline Retail				361,280
Multi-Utilities – 1.2%
Alliant Energy Corp.		292		12,649
Ameren Corp.		701		22,839
Avista Corp.		171		4,374
Black Hills Corp.		73		2,448
CenterPoint Energy, Inc.		1,585		31,256
CH Energy Group, Inc.		71		4,738
CMS Energy Corp.		866		19,052
Consolidated Edison, Inc.		737		43,056
Dominion Resources, Inc.		598		30,624
DTE Energy Co.		559		30,762
Integrys Energy Group, Inc.		163		8,637
MDU Resources Group, Inc.		449		10,053
NiSource, Inc.		718		17,483
NorthWestern Corp.		134		4,752
NSTAR		290		14,103
OGE Energy Corp.		268		14,338
PG&E Corp.		1,113		48,315
Public Service Enterprise Group, Inc.		1,133		34,681
SCANA Corp.		372		16,967
Sempra Energy		977		58,581
TECO Energy, Inc.		510		8,950
Vectren Corp.		202		5,870
Wisconsin Energy Corp.		551		19,384
Xcel Energy, Inc.		1,263		33,432

Total Multi-Utilities				497,344
Office Electronics – 0.1%
Xerox Corp.		4,656		37,621
Zebra Technologies Corp. Class A^*		146		6,012

Total Office Electronics				43,633
Oil, Gas & Consumable Fuels – 11.1%
Alpha Natural Resources, Inc.^*		98		1,491
Anadarko Petroleum Corp.		300		23,502
Apache Corp.		1,618		162,512
Arch Coal, Inc.		291		3,117
Berry Petroleum Co. Class A		143		6,740
Bill Barrett Corp.^*(a)		89		2,315
Cabot Oil & Gas Corp.		100		3,117
Chesapeake Energy Corp.		1,893		43,861
Chevron Corp.		9,791		1,049,987

Cimarex Energy Co.		313	$	23,622
Clayton Williams Energy, Inc.^*		45		3,575
Cloud Peak Energy, Inc.^*		279		4,444
Concho Resources, Inc.^*		200		20,416
ConocoPhillips		5,456		414,711
Consol Energy, Inc.		542		18,482
Contango Oil & Gas Co.^*		56		3,299
Continental Resources, Inc.^*		284		24,373
CVR Energy, Inc.^*		498		13,321
Delek US Holdings, Inc.		320		4,963
Denbury Resources, Inc.^*		1,244		22,678
Devon Energy Corp.		1,322		94,021
El Paso Corp.		465		13,741
Energen Corp.		278		13,664
EOG Resources, Inc.		225		24,997
EQT Corp.		261		12,583
EXCO Resources, Inc.^(a)		715		4,740
Exxon Mobil Corp.		19,668		1,705,806
Forest Oil Corp.^*		271		3,284
Gulfport Energy Corp.^*		119		3,465
Hess Corp.		1,021		60,188
HollyFrontier Corp.		1,197		38,484
Kinder Morgan, Inc.^(a)		551		21,296
Marathon Oil Corp.		2,601		82,452
Marathon Petroleum Corp.		3,082		133,635
Murphy Oil Corp.		718		40,402
Newfield Exploration Co.^*		470		16,300
Noble Energy, Inc.		339		33,147
Oasis Petroleum, Inc.^*		108		3,330
Occidental Petroleum Corp.		2,536		241,503
Peabody Energy Corp.		975		28,236
Pioneer Natural Resources Co.		210		23,434
Plains Exploration & Production Co.^*		305		13,008
QEP Resources, Inc.		414		12,627
Rosetta Resources, Inc.^*		51		2,487
SandRidge Energy, Inc.^*		1,101		8,621
SM Energy Co.		92		6,511
Southwestern Energy Co.^*		715		21,879
Spectra Energy Corp.		1,578		49,786
Stone Energy Corp.^*		244		6,976
Swift Energy Co.^*		99		2,874
Tesoro Corp.^*		921		24,720
Valero Energy Corp.		3,535		91,097
W&T Offshore, Inc.		318		6,703
Western Refining, Inc.		514		9,673
Whiting Petroleum Corp.^*		387		21,014
Williams Cos., Inc. (The)		1,067		32,874
World Fuel Services Corp.		203		8,323
WPX Energy, Inc.^*		355		6,393

Total Oil, Gas & Consumable Fuels				4,774,800
Paper & Forest Products – 0.2%
Buckeye Technologies, Inc.		171		5,809
Clearwater Paper Corp.^*		114		3,786

See Notes to Financial Statements.


24		WisdomTree Domestic and International Earnings Funds

Schedule of Investments (continued)

WisdomTree Total Earnings Fund (EXT)

March 31, 2012


Investments	Shares		Value

International Paper Co.		1,657	$	58,161
KapStone Paper and Packaging Corp.^*		285		5,614
MeadWestvaco Corp.		283		8,940
PH Glatfelter Co.		228		3,598
Schweitzer-Mauduit International, Inc.		36		2,486

Total Paper & Forest Products				88,394
Personal Products – 0.2%
Avon Products, Inc.		1,588		30,744
Elizabeth Arden, Inc.^*		53		1,854
Estee Lauder Cos., Inc. (The) Class A		614		38,031
Nu Skin Enterprises, Inc. Class A		142		8,223
Revlon, Inc. Class A^*		778		13,420
USANA Health Sciences, Inc.^*		66		2,464

Total Personal Products				94,736
Pharmaceuticals – 4.4%
Abbott Laboratories		4,244		260,115
Akorn, Inc.^*		233		2,726
Allergan, Inc.		396		37,790
Bristol-Myers Squibb Co.		4,085		137,869
DepoMed, Inc.^*		701		4,388
Eli Lilly & Co.		4,538		182,745
Endo Pharmaceuticals Holdings, Inc.^*		283		10,961
Forest Laboratories, Inc.^*		1,400		48,566
Hi-Tech Pharmacal Co., Inc.^*		52		1,868
Hospira, Inc.^*		514		19,219
Impax Laboratories, Inc.^*		249		6,120
Jazz Pharmaceuticals PLC^*		113		5,477
Johnson & Johnson		7,106		468,712
Medicines Co. (The)^*		276		5,539
Medicis Pharmaceutical Corp. Class A		140		5,263
Merck & Co., Inc.		4,421		169,766
Mylan, Inc.^*		899		21,082
Par Pharmaceutical Cos., Inc.^*		91		3,524
Perrigo Co.		137		14,154
Pfizer, Inc.		20,080		455,013
Questcor Pharmaceuticals, Inc.^*		69		2,596
Salix Pharmaceuticals Ltd.^*		56		2,940
Viropharma, Inc.^*		227		6,826
Watson Pharmaceuticals, Inc.^*		157		10,528

Total Pharmaceuticals				1,883,787
Professional Services – 0.2%
Corporate Executive Board Co. (The)		75		3,226
Dun & Bradstreet Corp. (The)		115		9,744
Equifax, Inc.		245		10,844
FTI Consulting, Inc.^*		118		4,427
IHS, Inc. Class A^*		74		6,930
Insperity, Inc.		129		3,953
Kelly Services, Inc. Class A		159		2,542
Korn/Ferry International^*		157		2,630
Manpower, Inc.		222		10,516
Pendrell Corp.^*		3,731		9,738
Robert Half International, Inc.		188		5,696

Towers Watson & Co. Class A		116	$	7,664
Verisk Analytics, Inc. Class A^*		224		10,521

Total Professional Services				88,431
Real Estate Investment Trusts (REITs) – 0.7%
Alexander’s, Inc.		10		3,939
Alexandria Real Estate Equities, Inc.		64		4,680
American Tower Corp.		221		13,927
AvalonBay Communities, Inc.		58		8,198
BioMed Realty Trust, Inc.		83		1,575
Boston Properties, Inc.		75		7,874
BRE Properties, Inc.		27		1,365
Digital Realty Trust, Inc.^(a)		83		6,140
Entertainment Properties Trust		51		2,365
Equity Lifestyle Properties, Inc.		40		2,790
Equity One, Inc.		174		3,518
Essex Property Trust, Inc.		6		909
Extra Space Storage, Inc.		61		1,756
Federal Realty Investment Trust		66		6,388
Getty Realty Corp.^(a)		292		4,549
HCP, Inc.		497		19,612
Health Care REIT, Inc.		78		4,287
Hospitality Properties Trust		103		2,726
Kimco Realty Corp.		303		5,836
Liberty Property Trust		182		6,501
LTC Properties, Inc.		98		3,136
Mack-Cali Realty Corp.		130		3,747
National Health Investors, Inc.		99		4,829
National Retail Properties, Inc.		130		3,535
Omega Healthcare Investors, Inc.		91		1,935
Piedmont Office Realty Trust, Inc. Class A		191		3,390
Plum Creek Timber Co., Inc.		219		9,102
Potlatch Corp.		102		3,197
PS Business Parks, Inc.		37		2,425
Public Storage		159		21,969
Rayonier, Inc.		312		13,756
Realty Income Corp.		152		5,887
Senior Housing Properties Trust		260		5,733
Simon Property Group, Inc.		258		37,586
SL Green Realty Corp.		307		23,808
Taubman Centers, Inc.		32		2,334
Ventas, Inc.		164		9,364
Vornado Realty Trust		283		23,829
Weyerhaeuser Co.		780		17,098

Total Real Estate Investment Trusts (REITs)				305,595
Real Estate Management & Development – 0.1%
CBRE Group, Inc. Class A^*		661		13,193
Howard Hughes Corp. (The)^*		78		4,982
Jones Lang LaSalle, Inc.		96		7,998

Total Real Estate Management & Development				26,173
Road & Rail – 0.8%
AMERCO		58		6,120
Con-way, Inc.		103		3,359

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			25

Schedule of Investments (continued)

WisdomTree Total Earnings Fund (EXT)

March 31, 2012


Investments	Shares		Value

CSX Corp.		3,316	$	71,360
Dollar Thrifty Automotive Group, Inc.^*		72		5,825
Genesee & Wyoming, Inc. Class A^*		84		4,585
Heartland Express, Inc.		166		2,400
Hertz Global Holdings, Inc.^*		292		4,392
JB Hunt Transport Services, Inc.		254		13,810
Kansas City Southern^*		143		10,252
Knight Transportation, Inc.		136		2,402
Landstar System, Inc.		106		6,118
Norfolk Southern Corp.		989		65,106
Old Dominion Freight Line, Inc.^*		131		6,245
Ryder System, Inc.		89		4,699
Union Pacific Corp.		1,177		126,504
Werner Enterprises, Inc.		140		3,480

Total Road & Rail				336,657
Semiconductors & Semiconductor Equipment – 3.2%
Advanced Energy Industries, Inc.^*		225		2,952
Advanced Micro Devices, Inc.^*		1,976		15,848
Altera Corp.		922		36,714
Amkor Technology, Inc.^*(a)		1,369		8,413
Analog Devices, Inc.		939		37,936
Applied Materials, Inc.		6,226		77,451
Atmel Corp.^*		2,005		19,769
Broadcom Corp. Class A^*		1,227		48,221
Brooks Automation, Inc.		459		5,659
Cabot Microelectronics Corp.		45		1,750
Cirrus Logic, Inc.^*		446		10,615
Cree, Inc.^*(a)		100		3,163
Cymer, Inc.^*		106		5,300
Cypress Semiconductor Corp.^*		288		4,501
Diodes, Inc.^*		203		4,706
Entegris, Inc.^*		711		6,641
Entropic Communications, Inc.^*		377		2,198
Fairchild Semiconductor International, Inc.^*		572		8,408
First Solar, Inc.^*(a)		534		13,377
GT Advanced Technologies, Inc.^*(a)		1,181		9,767
Hittite Microwave Corp.^*		62		3,367
Integrated Device Technology, Inc.^*		415		2,967
Integrated Silicon Solution, Inc.^*		238		2,656
Intel Corp.		20,792		584,463
International Rectifier Corp.^*		200		4,614
Intersil Corp. Class A		257		2,878
KLA-Tencor Corp.		633		34,448
Kulicke & Soffa Industries, Inc.^*		686		8,527
Lam Research Corp.^*(a)		552		24,630
Lattice Semiconductor Corp.^*		339		2,180
Linear Technology Corp.		691		23,287
LSI Corp.^*		443		3,845
Maxim Integrated Products, Inc.		748		21,385
Microchip Technology, Inc.^(a)		470		17,484
Micron Technology, Inc.^*		2,582		20,914
Microsemi Corp.^*		125		2,680
MKS Instruments, Inc.		251		7,412

Nanometrics, Inc.^*		124	$	2,295
Novellus Systems, Inc.^*		339		16,919
NVIDIA Corp.^*		1,501		23,100
Omnivision Technologies, Inc.^*		413		8,260
ON Semiconductor Corp.^*		666		6,001
PMC – Sierra, Inc.^*		704		5,090
RF Micro Devices, Inc.^*		724		3,606
Rubicon Technology, Inc.^*		217		2,263
Semtech Corp.^*		156		4,440
Silicon Laboratories, Inc.^*		48		2,064
Skyworks Solutions, Inc.^*		561		15,512
Spansion, Inc. Class A^*		201		2,448
Teradyne, Inc.^*		865		14,610
Texas Instruments, Inc.		3,743		125,802
TriQuint Semiconductor, Inc.^*		487		3,358
Veeco Instruments, Inc.^*(a)		424		12,126
Xilinx, Inc.		799		29,108

Total Semiconductors & Semiconductor Equipment				1,368,128
Software – 4.1%
ACI Worldwide, Inc.^*		272		10,953
Activision Blizzard, Inc.		2,194		28,127
Adobe Systems, Inc.^*		1,227		42,098
ANSYS, Inc.^*		150		9,753
Autodesk, Inc.^*		312		13,204
BMC Software, Inc.^*		436		17,510
CA, Inc.		1,478		40,734
Cadence Design Systems, Inc.^*		245		2,901
Citrix Systems, Inc.^*		211		16,650
Compuware Corp.^*		567		5,211
Ebix, Inc.^(a)		135		3,127
Factset Research Systems, Inc.^(a)		81		8,022
Fair Isaac Corp.		113		4,961
Fortinet, Inc.^*		88		2,433
Informatica Corp.^*		119		6,295
Intuit, Inc.		512		30,787
JDA Software Group, Inc.^*		72		1,979
Mentor Graphics Corp.^*		227		3,373
MICROS Systems, Inc.^*		116		6,414
Microsoft Corp.		33,806		1,090,243
MicroStrategy, Inc. Class A^*		23		3,220
Oracle Corp.		10,944		319,127
Parametric Technology Corp.^*		143		3,995
Progress Software Corp.^*		204		4,818
Quest Software, Inc.^*		141		3,281
Red Hat, Inc.^*		92		5,510
Rovi Corp.^*		96		3,125
Salesforce.com, Inc.^*		6		927
SolarWinds, Inc.^*		67		2,589
Solera Holdings, Inc.		113		5,186
SS&C Technologies Holdings, Inc.^*		113		2,636
Symantec Corp.^*		1,750		32,725
Synopsys, Inc.^*		307		9,413
TeleCommunication Systems, Inc. Class A^*		763		2,121

See Notes to Financial Statements.


26		WisdomTree Domestic and International Earnings Funds

Schedule of Investments (continued)

WisdomTree Total Earnings Fund (EXT)

March 31, 2012


Investments	Shares		Value

TeleNav, Inc.^*		292	$	2,050
TIBCO Software, Inc.^*		149		4,544
Tyler Technologies, Inc.^*		53		2,036
VMware, Inc. Class A^*		256		28,767

Total Software				1,780,845
Specialty Retail – 2.3%
Aaron’s, Inc.		198		5,128
Abercrombie & Fitch Co. Class A		152		7,541
Advance Auto Parts, Inc.		219		19,397
Aeropostale, Inc.^*		304		6,572
American Eagle Outfitters, Inc.		470		8,079
ANN, Inc.^*		138		3,952
Ascena Retail Group, Inc.^*		288		12,764
AutoNation, Inc.^*(a)		324		11,116
AutoZone, Inc.^*		104		38,667
Bed Bath & Beyond, Inc.^*		586		38,541
Best Buy Co., Inc.		1,871		44,305
Buckle, Inc. (The)		182		8,718
Cabela’s, Inc.^*		132		5,036
CarMax, Inc.^*		440		15,246
Cato Corp. (The) Class A		92		2,543
Chico’s FAS, Inc.		495		7,475
Children’s Place Retail Stores, Inc. (The)^*		74		3,824
Dick’s Sporting Goods, Inc.		267		12,837
DSW, Inc. Class A		141		7,723
Express, Inc.^*		255		6,370
Finish Line, Inc. (The) Class A		189		4,011
Foot Locker, Inc.		338		10,495
GameStop Corp. Class A^(a)		718		15,681
Gap, Inc. (The)		2,151		56,227
Genesco, Inc.^*		48		3,439
GNC Holdings, Inc. Class A		132		4,605
Group 1 Automotive, Inc.		45		2,528
Guess?, Inc.		379		11,844
hhgregg, Inc.^*(a)		132		1,502
Hibbett Sports, Inc.^*		49		2,673
Home Depot, Inc. (The)		3,642		183,229
JOS A Bank Clothiers, Inc.^*		89		4,487
Lowe’s Cos., Inc.		2,869		90,029
Ltd. Brands, Inc.		802		38,496
Men’s Wearhouse, Inc. (The)		131		5,079
Monro Muffler Brake, Inc.		50		2,075
O’Reilly Automotive, Inc.^*		241		22,015
Penske Automotive Group, Inc.		346		8,522
PetSmart, Inc.		239		13,676
Pier 1 Imports, Inc.^*		481		8,745
RadioShack Corp.^(a)		642		3,993
Rent-A-Center, Inc.		183		6,908
Ross Stores, Inc.		556		32,304
Sally Beauty Holdings, Inc.^*		441		10,937
Select Comfort Corp.^*		200		6,478
Sonic Automotive, Inc. Class A^(a)		289		5,176
Staples, Inc.		2,443		39,528

Systemax, Inc.^*		268	$	4,518
Tiffany & Co.		226		15,623
TJX Cos., Inc.		1,872		74,337
Tractor Supply Co.		119		10,777
Ulta Salon Cosmetics & Fragrance, Inc.		44		4,087
Urban Outfitters, Inc.^*		318		9,257
Wet Seal, Inc. (The) Class A^*		476		1,642
Williams-Sonoma, Inc.		228		8,545

Total Specialty Retail				989,302
Textiles, Apparel & Luxury Goods – 0.7%
Carter’s, Inc.^*		120		5,972
Coach, Inc.		578		44,668
Columbia Sportswear Co.^(a)		118		5,599
Crocs, Inc.^*		271		5,669
Deckers Outdoor Corp.^*(a)		80		5,044
Fossil, Inc.^*		148		19,533
G-III Apparel Group Ltd.^*		92		2,615
Hanesbrands, Inc.^*		356		10,516
Iconix Brand Group, Inc.^*		273		4,745
Jones Group, Inc. (The)		227		2,851
Maidenform Brands, Inc.^*		107		2,409
NIKE, Inc. Class B		900		97,596
PVH Corp.		116		10,362
Ralph Lauren Corp.		186		32,425
Steven Madden Ltd.^*		154		6,584
True Religion Apparel, Inc.^*		55		1,507
Under Armour, Inc. Class A^*(a)		53		4,982
Vera Bradley, Inc.^*(a)		54		1,630
VF Corp.		268		39,123
Warnaco Group, Inc. (The)^*		157		9,169
Wolverine World Wide, Inc.		163		6,060

Total Textiles, Apparel & Luxury Goods				319,059
Thrifts & Mortgage Finance – 0.1%
Astoria Financial Corp.		183		1,804
Capitol Federal Financial, Inc.		164		1,945
Dime Community Bancshares, Inc.		121		1,768
Flushing Financial Corp.		163		2,194
New York Community Bancorp, Inc.^(a)		1,420		19,752
Northwest Bancshares, Inc.		290		3,683
Ocwen Financial Corp.^*		184		2,876
People’s United Financial, Inc.		402		5,323
Provident Financial Services, Inc.		165		2,397
TFS Financial Corp.^*		221		2,100
Washington Federal, Inc.		446		7,502

Total Thrifts & Mortgage Finance				51,344
Tobacco – 1.5%
Altria Group, Inc.		4,935		152,343
Lorillard, Inc.		402		52,051
Philip Morris International, Inc.		4,359		386,251
Reynolds American, Inc.		1,409		58,389
Universal Corp.		122		5,685
Vector Group Ltd.^(a)		141		2,499

Total Tobacco				657,218

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			27

Schedule of Investments (concluded)

WisdomTree Total Earnings Fund (EXT)

March 31, 2012


Investments	Shares		Value

Trading Companies & Distributors – 0.2%
Applied Industrial Technologies, Inc.		197	$	8,103
Beacon Roofing Supply, Inc.^*		81		2,086
CAI International, Inc.^*		129		2,345
Fastenal Co.		355		19,205
GATX Corp.		115		4,634
Interline Brands, Inc.^*		216		4,668
Kaman Corp.		85		2,886
MSC Industrial Direct Co. Class A		95		7,912
TAL International Group, Inc.		184		6,755
W.W. Grainger, Inc.		138		29,644
Watsco, Inc.		79		5,849
WESCO International, Inc.^*		129		8,425

Total Trading Companies & Distributors				102,512
Water Utilities – 0.1%
American States Water Co.		86		3,108
American Water Works Co., Inc.		391		13,306
Aqua America, Inc.		201		4,480
California Water Service Group		113		2,058

Total Water Utilities				22,952
Wireless Telecommunication Services – 0.1%
Crown Castle International Corp.^*		103		5,494
MetroPCS Communications, Inc.^*		1,252		11,293
NII Holdings, Inc.^*		535		9,796
NTELOS Holdings Corp.		90		1,863
Telephone & Data Systems, Inc.		329		7,616
United States Cellular Corp.^*		146		5,976
USA Mobility, Inc.		305		4,249

Total Wireless Telecommunication Services				46,287
TOTAL COMMON STOCKS (Cost: $38,265,956)				42,857,291
EXCHANGE-TRADED FUND – 0.2%
WisdomTree LargeCap Growth Fund^(a)(b) (Cost: $84,524)		2,232		91,512
SHORT-TERM INVESTMENT – 0.0%
MONEY MARKET FUND – 0.0%
Invesco Treasury Fund Private Class, 0.02%^(c) (Cost: $1,776)		1,776		1,776
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.3%
MONEY MARKET FUND – 1.3%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(c)
(Cost: $543,847)^(d)		543,847		543,847
TOTAL INVESTMENTS IN SECURITIES – 101.1% (Cost: $38,896,103)				43,494,426
Liabilities in Excess of Other Assets – (1.1)%				(468,799	)

NET ASSETS – 100.0%			$	43,025,627

^*	Non-income producing security.

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Affiliated company (See Note 7).

^(c)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(d)	At March 31, 2012, the total market value of the Fund’s securities on loan was $530,260 and the total market value of the collateral held by the Fund was $543,847.

See Notes to Financial Statements.


28		WisdomTree Domestic and International Earnings Funds

Schedule of Investments

WisdomTree Earnings 500 Fund (EPS)

March 31, 2012


Investments	Shares		Value

UNITED STATES – 100.3%
COMMON STOCKS – 99.8%
Aerospace & Defense – 2.8%
Boeing Co. (The)		3,820	$	284,093
General Dynamics Corp.		2,850		209,133
Goodrich Corp.		442		55,445
Honeywell International, Inc.		3,556		217,094
L-3 Communications Holdings, Inc.		1,092		77,281
Lockheed Martin Corp.		2,729		245,228
Northrop Grumman Corp.		2,410		147,203
Precision Castparts Corp.		500		86,450
Raytheon Co.		3,162		166,890
Rockwell Collins, Inc.		834		48,005
Textron, Inc.		1,234		34,342
TransDigm Group, Inc.^*		95		10,997
United Technologies Corp.		4,356		361,287

Total Aerospace & Defense				1,943,448
Air Freight & Logistics – 0.7%
C.H. Robinson Worldwide, Inc.		417		27,309
Expeditors International of Washington, Inc.		634		29,487
FedEx Corp.		1,310		120,468
United Parcel Service, Inc. Class B		3,841		310,046

Total Air Freight & Logistics				487,310
Airlines – 0.2%
Delta Air Lines, Inc.^*		5,671		56,200
Southwest Airlines Co.		1,441		11,874
United Continental Holdings, Inc.^*		2,071		44,526

Total Airlines				112,600
Auto Components – 0.3%
BorgWarner, Inc.^*(a)		572		48,243
Johnson Controls, Inc.		3,769		122,417

Total Auto Components				170,660
Automobiles – 1.7%
Ford Motor Co.		43,580		544,314
General Motors Co.^*		23,474		602,108
Harley-Davidson, Inc.		873		42,847

Total Automobiles				1,189,269
Beverages – 2.0%
Beam, Inc.		282		16,517
Brown-Forman Corp. Class B		538		44,864
Coca-Cola Co. (The)		9,516		704,279
Coca-Cola Enterprises, Inc.		1,959		56,028
Dr. Pepper Snapple Group, Inc.		1,024		41,175
Molson Coors Brewing Co. Class B		1,113		50,363
Monster Beverage Corp.^*		426		26,450
PepsiCo, Inc.		6,838		453,701

Total Beverages				1,393,377
Biotechnology – 1.1%
Alexion Pharmaceuticals, Inc.^*		186		17,272
Amgen, Inc.		4,986		338,998
Biogen Idec, Inc.^*		744		93,722
Celgene Corp.^*		1,136		88,063

Gilead Sciences, Inc.^*		4,909	$	239,804

Total Biotechnology				777,859
Capital Markets – 2.4%
Affiliated Managers Group, Inc.^*		128		14,312
Ameriprise Financial, Inc.		1,921		109,747
Bank of New York Mellon Corp. (The)		9,267		223,613
BlackRock, Inc.		980		200,802
Charles Schwab Corp. (The)		5,648		81,162
Franklin Resources, Inc.		1,400		173,642
Goldman Sachs Group, Inc. (The)		2,751		342,142
Morgan Stanley		11,012		216,276
Northern Trust Corp.		1,112		52,764
State Street Corp.		2,833		128,901
T. Rowe Price Group, Inc.		955		62,361
TD Ameritrade Holding Corp.		3,011		59,437

Total Capital Markets				1,665,159
Chemicals – 2.3%
Air Products & Chemicals, Inc.		1,022		93,820
Airgas, Inc.		263		23,399
Albemarle Corp.		580		37,074
Celanese Corp. Series A		964		44,518
CF Industries Holdings, Inc.		676		123,471
Dow Chemical Co. (The)		7,527		260,735
E.I. du Pont de Nemours & Co.		5,570		294,653
Eastman Chemical Co.		1,021		52,775
Ecolab, Inc.		673		41,538
FMC Corp.		249		26,359
International Flavors & Fragrances, Inc.		422		24,729
Monsanto Co.		1,600		127,616
Mosaic Co. (The)		3,069		169,685
PPG Industries, Inc.		974		93,309
Praxair, Inc.		975		111,774
Sherwin-Williams Co. (The)		421		45,750
Sigma-Aldrich Corp.		514		37,553
Valhi, Inc.		192		10,186

Total Chemicals				1,618,944
Commercial Banks – 3.5%
BB&T Corp.		3,120		97,937
CIT Group, Inc.^*		203		8,372
Comerica, Inc.		1,037		33,557
Fifth Third Bancorp		6,076		85,368
Huntington Bancshares, Inc.		5,785		37,313
KeyCorp		8,876		75,446
M&T Bank Corp.		731		63,509
PNC Financial Services Group, Inc.		4,052		261,313
Regions Financial Corp.		2,821		18,590
SunTrust Banks, Inc.		2,221		53,682
U.S. Bancorp		11,494		364,130
Wells Fargo & Co.		38,218		1,304,763

Total Commercial Banks				2,403,980
Commercial Services & Supplies – 0.2%
Iron Mountain, Inc.		575		16,560

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			29

Schedule of Investments (continued)

WisdomTree Earnings 500 Fund (EPS)

March 31, 2012


Investments	Shares		Value

Republic Services, Inc.		1,347	$	41,164
Stericycle, Inc.^*		235		19,656
Waste Management, Inc.		2,227		77,856

Total Commercial Services & Supplies				155,236
Communications Equipment – 1.5%
Cisco Systems, Inc.		24,107		509,863
F5 Networks, Inc.^*		170		22,943
Juniper Networks, Inc.^*		1,798		41,139
Motorola Solutions, Inc.		1,188		60,386
QUALCOMM, Inc.		5,461		371,457

Total Communications Equipment				1,005,788
Computers & Peripherals – 5.7%
Apple, Inc.^*		4,670		2,799,525
Dell, Inc.^*		16,536		274,498
EMC Corp.^*		6,819		203,752
Hewlett-Packard Co.		18,150		432,514
NetApp, Inc.^*		1,163		52,067
SanDisk Corp.^*		1,703		84,452
Western Digital Corp.^*		1,837		76,033

Total Computers & Peripherals				3,922,841
Construction & Engineering – 0.2%
Fluor Corp.		788		47,311
Jacobs Engineering Group, Inc.^*		608		26,977
KBR, Inc.		1,245		44,260
Quanta Services, Inc.^*		282		5,894

Total Construction & Engineering				124,442
Consumer Finance – 1.3%
American Express Co.		6,172		357,112
Capital One Financial Corp.		5,496		306,347
Discover Financial Services		5,816		193,906
SLM Corp.		3,082		48,572

Total Consumer Finance				905,937
Containers & Packaging – 0.1%
Ball Corp.		999		42,837
Crown Holdings, Inc.^*		871		32,079

Total Containers & Packaging				74,916
Distributors – 0.1%
Genuine Parts Co.		684		42,921
LKQ Corp.^*		430		13,403

Total Distributors				56,324
Diversified Consumer Services – 0.1%
Apollo Group, Inc. Class A^*		1,002		38,717
H&R Block, Inc.		1,796		29,580

Total Diversified Consumer Services				68,297
Diversified Financial Services – 5.2%
Bank of America Corp.		31,671		303,091
Citigroup, Inc.		28,589		1,044,928
CME Group, Inc.		355		102,712
IntercontinentalExchange, Inc.^*		300		41,226
JPMorgan Chase & Co.		40,439		1,859,385

Leucadia National Corp.		4,076	$	106,384
Moody’s Corp.		1,321		55,614
NASDAQ OMX Group, Inc. (The)^*		1,395		36,131
NYSE Euronext		1,674		50,237

Total Diversified Financial Services				3,599,708
Diversified Telecommunication Services – 2.3%
AT&T, Inc.		29,787		930,248
CenturyLink, Inc.		1,343		51,907
Frontier Communications Corp.^(a)		2,058		8,582
Verizon Communications, Inc.		15,472		591,494
Windstream Corp.		1,935		22,659

Total Diversified Telecommunication Services				1,604,890
Electric Utilities – 1.6%
American Electric Power Co., Inc.		1,221		47,106
Duke Energy Corp.		6,026		126,606
Edison International		1,759		74,775
Entergy Corp.		1,401		94,147
Exelon Corp.		4,416		173,151
FirstEnergy Corp.		1,546		70,482
NextEra Energy, Inc.		1,815		110,860
Northeast Utilities		976		36,229
Pepco Holdings, Inc.		1,223		23,103
Pinnacle West Capital Corp.		501		23,998
PPL Corp.		3,190		90,150
Progress Energy, Inc.		1,051		55,819
Southern Co. (The)		3,201		143,821

Total Electric Utilities				1,070,247
Electrical Equipment – 0.4%
AMETEK, Inc.		569		27,602
Emerson Electric Co.		3,406		177,725
Rockwell Automation, Inc.		634		50,530
Roper Industries, Inc.		331		32,822

Total Electrical Equipment				288,679
Electronic Equipment, Instruments & Components – 0.5%
Amphenol Corp. Class A		852		50,924
Avnet, Inc.^*		1,550		56,404
Corning, Inc.		15,417		217,071
Molex, Inc.		856		24,071
Trimble Navigation Ltd.^*		223		12,136

Total Electronic Equipment, Instruments & Components				360,606
Energy Equipment & Services – 1.0%
Baker Hughes, Inc.		2,603		109,170
Cameron International Corp.^*		889		46,966
Diamond Offshore Drilling, Inc.^(a)		1,301		86,842
FMC Technologies, Inc.^*		599		30,202
Halliburton Co.		6,007		199,372
Helmerich & Payne, Inc.		521		28,108
National Oilwell Varco, Inc.		1,950		154,966
Oceaneering International, Inc.		306		16,490

Total Energy Equipment & Services				672,116

See Notes to Financial Statements.


30		WisdomTree Domestic and International Earnings Funds

Schedule of Investments (continued)

WisdomTree Earnings 500 Fund (EPS)

March 31, 2012


Investments	Shares		Value

Food & Staples Retailing – 2.8%
Costco Wholesale Corp.		1,225	$	111,230
CVS Caremark Corp.		6,356		284,749
Kroger Co. (The)		3,523		85,362
Safeway, Inc.^(a)		1,938		39,167
Sysco Corp.		2,884		86,116
Walgreen Co.		4,958		166,044
Wal-Mart Stores, Inc.		18,549		1,135,199
Whole Foods Market, Inc.		375		31,200

Total Food & Staples Retailing				1,939,067
Food Products – 1.6%
Archer-Daniels-Midland Co.		5,381		170,362
Campbell Soup Co.		1,719		58,188
ConAgra Foods, Inc.		1,923		50,498
General Mills, Inc.		2,968		117,088
Green Mountain Coffee Roasters, Inc.^*(a)		317		14,848
H.J. Heinz Co.		1,264		67,687
Hershey Co. (The)		743		45,568
Hormel Foods Corp.		1,278		37,727
J.M. Smucker Co. (The)		439		35,717
Kellogg Co.		1,701		91,225
Kraft Foods, Inc. Class A		6,393		242,998
McCormick & Co., Inc.		553		30,100
Mead Johnson Nutrition Co.		509		41,982
Sara Lee Corp.		1,044		22,477
Tyson Foods, Inc. Class A		2,620		50,173

Total Food Products				1,076,638
Gas Utilities – 0.1%
National Fuel Gas Co.		273		13,137
ONEOK, Inc.		305		24,906

Total Gas Utilities				38,043
Health Care Equipment & Supplies – 1.5%
Baxter International, Inc.		3,246		194,046
Becton Dickinson and Co.		1,250		97,063
Boston Scientific Corp.^*		8,735		52,235
C.R. Bard, Inc.		465		45,905
CareFusion Corp.^*		866		22,455
DENTSPLY International, Inc.		569		22,834
Edwards Lifesciences Corp.^*		229		16,655
Hologic, Inc.^*		345		7,435
Intuitive Surgical, Inc.^*		78		42,257
Medtronic, Inc.		6,259		245,290
St. Jude Medical, Inc.		1,918		84,987
Stryker Corp.		1,823		101,140
Varian Medical Systems, Inc.^*		471		32,480
Zimmer Holdings, Inc.		1,183		76,043

Total Health Care Equipment & Supplies				1,040,825
Health Care Providers & Services – 2.5%
Aetna, Inc.		3,145		157,753
AmerisourceBergen Corp.		1,422		56,425
Cardinal Health, Inc.		1,571		67,726
Cigna Corp.		2,320		114,260

Coventry Health Care, Inc.		1,067	$	37,953
DaVita, Inc.^*		409		36,880
Express Scripts Holding Co.^*		2,032		110,094
HCA Holdings, Inc.		2,675		66,179
Henry Schein, Inc.^*		463		35,040
Humana, Inc.		1,090		100,803
Laboratory Corp. of America Holdings^*		477		43,665
McKesson Corp.		1,219		106,992
Medco Health Solutions, Inc.^*		1,785		125,485
Quest Diagnostics, Inc.		814		49,776
UnitedHealth Group, Inc.		7,139		420,773
WellPoint, Inc.		2,953		217,931

Total Health Care Providers & Services				1,747,735
Health Care Technology – 0.0%
Cerner Corp.^*		368		28,027
Hotels, Restaurants & Leisure – 1.4%
Chipotle Mexican Grill, Inc.^*		52		21,736
Darden Restaurants, Inc.		745		38,114
Hyatt Hotels Corp. Class A^*		88		3,759
International Game Technology		1,374		23,070
Las Vegas Sands Corp.		2,027		116,695
Marriott International, Inc. Class A		574		21,726
McDonald’s Corp.		3,753		368,169
Panera Bread Co. Class A^*		60		9,655
Starbucks Corp.		2,009		112,283
Starwood Hotels & Resorts Worldwide, Inc.		724		40,841
Wyndham Worldwide Corp.		916		42,603
Wynn Resorts Ltd.		348		43,458
Yum! Brands, Inc.		1,507		107,268

Total Hotels, Restaurants & Leisure				949,377
Household Durables – 0.1%
Newell Rubbermaid, Inc.		1,952		34,765
Household Products – 1.7%
Church & Dwight Co., Inc.		504		24,792
Clorox Co. (The)		576		39,600
Colgate-Palmolive Co.		1,820		177,959
Energizer Holdings, Inc.^*		260		19,287
Kimberly-Clark Corp.		1,727		127,608
Procter & Gamble Co. (The)		12,058		810,418

Total Household Products				1,199,664
Independent Power Producers & Energy Traders – 0.0%
AES Corp. (The)^*		435		5,686
NRG Energy, Inc.^*		1,142		17,895

Total Independent Power Producers & Energy Traders				23,581
Industrial Conglomerates – 2.0%
3M Co.		3,698		329,899
Danaher Corp.		2,823		158,088
General Electric Co.		44,190		886,893

Total Industrial Conglomerates				1,374,880

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			31

Schedule of Investments (continued)

WisdomTree Earnings 500 Fund (EPS)

March 31, 2012


Investments	Shares		Value

Insurance – 3.8%
Aflac, Inc.		4,847	$	222,914
Allstate Corp. (The)		691		22,748
Berkshire Hathaway, Inc. Class B^*		10,147		823,429
Chubb Corp. (The)		1,599		110,507
Cincinnati Financial Corp.		260		8,973
CNA Financial Corp.		1,894		55,551
Hartford Financial Services Group, Inc.		3,986		84,025
Lincoln National Corp.		4,362		114,982
Loews Corp.		2,420		96,485
Marsh & McLennan Cos., Inc.		1,760		57,710
MetLife, Inc.		9,463		353,443
Principal Financial Group, Inc.		2,352		69,407
Progressive Corp. (The)		3,608		83,633
Prudential Financial, Inc.		4,063		257,554
Torchmark Corp.		872		43,469
Travelers Cos., Inc. (The)		2,004		118,637
Unum Group		3,223		78,899
W.R. Berkley Corp.		657		23,731

Total Insurance				2,626,097
Internet & Catalog Retail – 0.4%
Amazon.com, Inc.^*		291		58,931
Expedia, Inc.^(a)		620		20,733
Liberty Interactive Corp. Class A^*		2,588		49,405
priceline.com, Inc.^*		146		104,755
TripAdvisor, Inc.^*		620		22,115

Total Internet & Catalog Retail				255,939
Internet Software & Services – 1.4%
Akamai Technologies, Inc.^*		535		19,634
eBay, Inc.^*		4,421		163,091
Equinix, Inc.^*		42		6,613
Google, Inc. Class A^*		1,119		717,548
LinkedIn Corp. Class A^*		11		1,122
Rackspace Hosting, Inc.^*		103		5,952
VeriSign, Inc.		155		5,943
Yahoo!, Inc.^*		4,768		72,569

Total Internet Software & Services				992,472
IT Services – 2.9%
Alliance Data Systems Corp.^*		191		24,058
Automatic Data Processing, Inc.		1,702		93,933
Cognizant Technology Solutions Corp. Class A^*		916		70,486
Fidelity National Information Services, Inc.		1,278		42,327
Fiserv, Inc.^*		569		39,483
International Business Machines Corp.		5,411		1,129,005
Mastercard, Inc. Class A		437		183,776
Paychex, Inc.		1,286		39,853
Teradata Corp.^*		470		32,031
VeriFone Systems, Inc.^*		194		10,063
Visa, Inc. Class A		2,568		303,024
Western Union Co. (The)		3,764		66,247

Total IT Services				2,034,286

Leisure Equipment & Products – 0.1%
Hasbro, Inc.		764	$	28,054
Mattel, Inc.		1,844		62,069

Total Leisure Equipment & Products				90,123
Life Sciences Tools & Services – 0.4%
Agilent Technologies, Inc.		2,067		92,002
Life Technologies Corp.^*		605		29,536
Mettler-Toledo International, Inc.^*(a)		110		20,322
Thermo Fisher Scientific, Inc.		1,629		91,843
Waters Corp.^*		404		37,435

Total Life Sciences Tools & Services				271,138
Machinery – 2.1%
AGCO Corp.^*		620		29,270
Caterpillar, Inc.		3,638		387,520
Cummins, Inc.		1,261		151,371
Deere & Co.		2,548		206,133
Donaldson Co., Inc.		600		21,438
Dover Corp.		1,032		64,954
Eaton Corp.		2,185		108,879
Flowserve Corp.		296		34,191
Gardner Denver, Inc.		215		13,549
Illinois Tool Works, Inc.		2,908		166,105
Joy Global, Inc.		525		38,588
PACCAR, Inc.		1,575		73,757
Pall Corp.		418		24,925
Parker Hannifin Corp.		1,009		85,311
Stanley Black & Decker, Inc.		670		51,563

Total Machinery				1,457,554
Media – 3.2%
CBS Corp. Class B		3,477		117,905
Comcast Corp. Class A		9,782		293,558
DIRECTV Class A^*		3,706		182,854
Discovery Communications, Inc. Class C^*		1,616		75,758
DISH Network Corp. Class A		3,431		112,983
Interpublic Group of Cos., Inc. (The)		2,806		32,016
McGraw-Hill Cos., Inc. (The)		1,389		67,325
News Corp. Class A		11,745		231,259
Omnicom Group, Inc.		1,318		66,757
Scripps Networks Interactive, Inc. Class A		746		36,323
Sirius XM Radio, Inc.^*		9,404		21,723
Time Warner Cable, Inc.		1,637		133,416
Time Warner, Inc.		5,830		220,082
Viacom, Inc. Class B		3,498		166,015
Virgin Media, Inc.		296		7,394
Walt Disney Co. (The)		9,631		421,645

Total Media				2,187,013
Metals & Mining – 1.4%
Alcoa, Inc.		8,298		83,146
Allegheny Technologies, Inc.		318		13,092
Cliffs Natural Resources, Inc.		2,009		139,143
Freeport-McMoRan Copper & Gold, Inc.		10,004		380,552
Newmont Mining Corp.		2,613		133,969

See Notes to Financial Statements.


32		WisdomTree Domestic and International Earnings Funds

Schedule of Investments (continued)

WisdomTree Earnings 500 Fund (EPS)

March 31, 2012


Investments	Shares		Value

Nucor Corp.		1,076	$	46,214
Royal Gold, Inc.		61		3,979
Southern Copper Corp.		5,385		170,758
Walter Energy, Inc.		372		22,026

Total Metals & Mining				992,879
Multiline Retail – 0.9%
Dollar General Corp.^*		1,142		52,760
Dollar Tree, Inc.^*		406		38,363
Family Dollar Stores, Inc.		489		30,944
J.C. Penney Co., Inc.		605		21,435
Kohl’s Corp.		1,720		86,052
Macy’s, Inc.		2,607		103,576
Nordstrom, Inc.		1,014		56,500
Target Corp.		3,897		227,078

Total Multiline Retail				616,708
Multi-Utilities – 1.2%
Alliant Energy Corp.		549		23,783
Ameren Corp.		1,218		39,682
CenterPoint Energy, Inc.		2,943		58,036
CMS Energy Corp.		1,628		35,816
Consolidated Edison, Inc.		1,341		78,341
Dominion Resources, Inc.		930		47,625
DTE Energy Co.		1,008		55,470
NiSource, Inc.		1,208		29,415
NSTAR		511		24,850
OGE Energy Corp.		492		26,322
PG&E Corp.		2,090		90,727
Public Service Enterprise Group, Inc.		1,570		48,058
SCANA Corp.		662		30,194
Sempra Energy		1,843		110,506
Wisconsin Energy Corp.		1,024		36,024
Xcel Energy, Inc.		2,255		59,690

Total Multi-Utilities				794,539
Office Electronics – 0.1%
Xerox Corp.		9,136		73,819
Oil, Gas & Consumable Fuels – 12.5%
Alpha Natural Resources, Inc.^*		184		2,799
Anadarko Petroleum Corp.		438		34,313
Apache Corp.		3,117		313,071
Cabot Oil & Gas Corp.		132		4,114
Chesapeake Energy Corp.		3,516		81,466
Chevron Corp.		18,273		1,959,597
Cimarex Energy Co.		571		43,093
Concho Resources, Inc.^*		370		37,770
ConocoPhillips		10,270		780,623
Consol Energy, Inc.		996		33,964
Continental Resources, Inc.^*		524		44,970
Denbury Resources, Inc.^*		2,452		44,700
Devon Energy Corp.		2,378		169,123
El Paso Corp.		91		2,689
EOG Resources, Inc.		455		50,551
EQT Corp.		378		18,223

Exxon Mobil Corp.		36,540	$	3,169,114
Hess Corp.		1,917		113,007
HollyFrontier Corp.		2,499		80,343
Kinder Morgan, Inc.^(a)		1,151		44,486
Marathon Oil Corp.		4,933		156,376
Marathon Petroleum Corp.		5,606		243,076
Murphy Oil Corp.		1,338		75,289
Newfield Exploration Co.^*		864		29,964
Noble Energy, Inc.		661		64,633
Occidental Petroleum Corp.		4,789		456,056
Peabody Energy Corp.		1,914		55,429
Pioneer Natural Resources Co.		414		46,198
Plains Exploration & Production Co.^*		559		23,841
QEP Resources, Inc.		808		24,644
SM Energy Co.		181		12,809
Southwestern Energy Co.^*		1,404		42,962
Spectra Energy Corp.		2,872		90,612
Valero Energy Corp.		7,260		187,090
Whiting Petroleum Corp.^*		755		40,997
Williams Cos., Inc. (The)		2,267		69,846
WPX Energy, Inc.^*		755		13,598

Total Oil, Gas & Consumable Fuels				8,661,436
Paper & Forest Products – 0.2%
International Paper Co.		3,440		120,744
MeadWestvaco Corp.		589		18,607

Total Paper & Forest Products				139,351
Personal Products – 0.2%
Avon Products, Inc.		3,004		58,158
Estee Lauder Cos., Inc. (The) Class A		1,094		67,762

Total Personal Products				125,920
Pharmaceuticals – 4.8%
Abbott Laboratories		7,676		470,462
Allergan, Inc.		755		72,050
Bristol-Myers Squibb Co.		6,954		234,697
Eli Lilly & Co.		7,876		317,167
Forest Laboratories, Inc.^*		2,705		93,836
Hospira, Inc.^*		967		36,156
Johnson & Johnson		12,776		842,705
Merck & Co., Inc.		8,292		318,413
Mylan, Inc.^*		1,660		38,927
Perrigo Co.		252		26,034
Pfizer, Inc.		37,625		852,582
Watson Pharmaceuticals, Inc.^*		275		18,442

Total Pharmaceuticals				3,321,471
Professional Services – 0.1%
Equifax, Inc.		439		19,430
IHS, Inc. Class A^*		176		16,482
Towers Watson & Co. Class A		218		14,403
Verisk Analytics, Inc. Class A^*		513		24,096

Total Professional Services				74,411
Real Estate Investment Trusts (REITs) – 0.6%
American Tower Corp.		346		21,805

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			33

Schedule of Investments (continued)

WisdomTree Earnings 500 Fund (EPS)

March 31, 2012


Investments	Shares			Value

AvalonBay Communities, Inc.		93		$	13,145
Boston Properties, Inc.		129			13,544
Digital Realty Trust, Inc.^(a)		104			7,693
Equity Residential		1			63
Federal Realty Investment Trust		111			10,744
HCP, Inc.		968			38,197
Health Care REIT, Inc.		186			10,223
Kimco Realty Corp.		434			8,359
Macerich Co. (The)		25			1,444
Plum Creek Timber Co., Inc.		445			18,494
Public Storage		289			39,931
Rayonier, Inc.		509			22,442
Simon Property Group, Inc.		511			74,442
SL Green Realty Corp.		602			46,685
Ventas, Inc.		253			14,446
Vornado Realty Trust		559			47,068
Weyerhaeuser Co.		1,056			23,147

Total Real Estate Investment Trusts (REITs)					411,872
Real Estate Management & Development – 0.0%
CBRE Group, Inc. Class A^*		1,216			24,271
Road & Rail – 0.8%
CSX Corp.		6,111			131,509
Hertz Global Holdings, Inc.^*		516			7,761
JB Hunt Transport Services, Inc.		461			25,064
Kansas City Southern		300			21,507
Norfolk Southern Corp.		1,843			121,325
Union Pacific Corp.		2,151			231,189

Total Road & Rail					538,355
Semiconductors & Semiconductor Equipment – 2.9%
Altera Corp.		1,692			67,375
Analog Devices, Inc.		1,712			69,165
Applied Materials, Inc.		12,308			153,112
Broadcom Corp. Class A^*		2,293			90,115
Intel Corp.		37,450			1,052,719
KLA-Tencor Corp.		1,214			66,066
Lam Research Corp.^*(a)		1,013			45,200
Linear Technology Corp.		1,355			45,663
Maxim Integrated Products, Inc.		1,369			39,140
Microchip Technology, Inc.^(a)		781			29,053
Micron Technology, Inc.^*		1,509			12,223
NVIDIA Corp.^*		2,930			45,093
Texas Instruments, Inc.		6,778			227,809
Xilinx, Inc.		1,350			49,180

Total Semiconductors & Semiconductor Equipment					1,991,913
Software – 4.5%
Activision Blizzard, Inc.		4,197			53,805
Adobe Systems, Inc.^*		2,334			80,080
ANSYS, Inc.^*		236			15,345
Autodesk, Inc.^*		560			23,699
BMC Software, Inc.^*		953			38,272
CA, Inc.		2,786			76,782
Citrix Systems, Inc.^*		350			27,618

Informatica Corp.^*		152		$	8,041
Intuit, Inc.		890			53,516
Microsoft Corp.		62,308			2,009,433
Nuance Communications, Inc.^*		112			2,865
Oracle Corp.		20,662			602,504
Red Hat, Inc.^*		199			11,918
Salesforce.com, Inc.^*		13			2,009
Symantec Corp.^*		3,191			59,672
TIBCO Software, Inc.^*		238			7,259
VMware, Inc. Class A^*		488			54,837

Total Software					3,127,655
Specialty Retail – 1.9%
Advance Auto Parts, Inc.		433			38,351
AutoNation, Inc.^*(a)		506			17,361
AutoZone, Inc.^*		184			68,411
Bed Bath & Beyond, Inc.^*		1,016			66,822
Best Buy Co., Inc.		3,386			80,181
CarMax, Inc.^*		982			34,026
Dick’s Sporting Goods, Inc.		424			20,386
Gap, Inc. (The)		3,734			97,607
Home Depot, Inc. (The)		6,500			327,015
Lowe’s Cos., Inc.		5,043			158,249
Ltd. Brands, Inc.		1,418			68,064
O’Reilly Automotive, Inc.^*		444			40,559
PetSmart, Inc.		420			24,033
Ross Stores, Inc.		952			55,311
Staples, Inc.		4,572			73,975
Tiffany & Co.		447			30,901
TJX Cos., Inc.		3,034			120,480
Tractor Supply Co.		178			16,120

Total Specialty Retail					1,337,852
Textiles, Apparel & Luxury Goods – 0.6%
Coach, Inc.		1,065			82,303
Fossil, Inc.^*		282	��		37,218
NIKE, Inc. Class B		1,623			175,998
PVH Corp.		232			20,725
Ralph Lauren Corp.		334			58,226
VF Corp.		463			67,589

Total Textiles, Apparel & Luxury Goods					442,059
Thrifts & Mortgage Finance – 0.1%
New York Community Bancorp, Inc.^(a)		2,823			39,268
People’s United Financial, Inc.		1,144			15,147

Total Thrifts & Mortgage Finance					54,415
Tobacco – 1.6%
Altria Group, Inc.		8,420			259,925
Lorillard, Inc.		683			88,435
Philip Morris International, Inc.		7,769			688,411
Reynolds American, Inc.		2,443			101,238

Total Tobacco					1,138,009
Trading Companies & Distributors – 0.2%
Fastenal Co.		602			32,568
MSC Industrial Direct Co. Class A		209			17,406

See Notes to Financial Statements.


34		WisdomTree Domestic and International Earnings Funds

Schedule of Investments (concluded)

WisdomTree Earnings 500 Fund (EPS)

March 31, 2012


Investments	Shares		Value

W.W. Grainger, Inc.		251	$	53,917

Total Trading Companies & Distributors				103,891
Water Utilities – 0.0%
American Water Works Co., Inc.		703		23,923
Wireless Telecommunication Services – 0.0%
Crown Castle International Corp.^*		194		10,348
TOTAL COMMON STOCKS (Cost: $60,585,470)				69,044,954
EXCHANGE-TRADED FUND – 0.1%
WisdomTree Equity Income Fund^(b) (Cost: $72,185)		1,874		83,955
SHORT-TERM INVESTMENT – 0.0%
MONEY MARKET FUND – 0.0%
Invesco Treasury Fund Private Class, 0.02%^(c) (Cost: $866)		866		866
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.4%
MONEY MARKET FUND – 0.4%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(c)
(Cost: $299,255)^(d)		299,255		299,255
TOTAL INVESTMENTS IN SECURITIES – 100.3% (Cost: $60,957,776)				69,429,030
Liabilities in Excess of Other Assets – (0.3)%				(242,443	)

NET ASSETS – 100.0%			$	69,186,587

^*	Non-income producing security.

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Affiliated company (See Note 7).

^(c)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(d)	At March 31, 2012, the total market value of the Fund’s securities on loan was $292,337 and the total market value of the collateral held by the Fund was $299,255.

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			35

Schedule of Investments

WisdomTree MidCap Earnings Fund (EZM)

March 31, 2012


Investments	Shares		Value

UNITED STATES – 106.7%
COMMON STOCKS – 99.7%
Aerospace & Defense – 2.0%
Alliant Techsystems, Inc.		7,961	$	399,005
BE Aerospace, Inc.^*		8,109		376,825
Curtiss-Wright Corp.		5,493		203,296
Esterline Technologies Corp.^*		4,709		336,505
HEICO Corp.^(a)		1,735		89,509
Hexcel Corp.^*		7,537		180,963
Huntington Ingalls Industries, Inc.^*		9,350		376,244
Moog, Inc. Class A^*		4,737		203,170
Spirit AeroSystems Holdings, Inc. Class A^*		14,496		354,572
Teledyne Technologies, Inc.^*		3,837		241,923
Triumph Group, Inc.		5,489		343,941

Total Aerospace & Defense				3,105,953
Airlines – 0.2%
Alaska Air Group, Inc.^*		10,390		372,170
Auto Components – 3.3%
Dana Holding Corp.		9,819		152,195
Federal-Mogul Corp.^*		22,402		385,538
Gentex Corp.		8,443		206,853
Goodyear Tire & Rubber Co. (The)^*		30,389		340,965
Lear Corp.		22,017		1,023,570
Tenneco, Inc.^*		6,814		253,140
TRW Automotive Holdings Corp.^*		43,375		2,014,769
Visteon Corp.^*		14,815		785,195

Total Auto Components				5,162,225
Automobiles – 0.1%
Thor Industries, Inc.		6,661		210,221
Beverages – 0.8%
Boston Beer Co., Inc. (The) Class A^*(a)		680		72,617
Constellation Brands, Inc. Class A^*		48,659		1,147,866

Total Beverages				1,220,483
Biotechnology – 0.4%
Cepheid, Inc.^*		316		13,218
Cubist Pharmaceuticals, Inc.^*(a)		1,707		73,828
Myriad Genetics, Inc.^*		7,797		184,477
United Therapeutics Corp.^*		6,588		310,492

Total Biotechnology				582,015
Building Products – 0.5%
A.O. Smith Corp.		3,449		155,033
Armstrong World Industries, Inc.		2,794		136,263
Lennox International, Inc.		4,627		186,468
Owens Corning^*		6,073		218,810
Simpson Manufacturing Co., Inc.		1,914		61,727

Total Building Products				758,301
Capital Markets – 4.0%
American Capital Ltd.^*		169,912		1,473,137
Ares Capital Corp.		34,872		570,157
Cohen & Steers, Inc.		2,688		85,747
ETRADE Financial Corp.^		24,834		271,932
Eaton Vance Corp.^(a)		14,572		416,468

Federated Investors, Inc. Class B^(a)		16,253	$	364,230
GAMCO Investors, Inc. Class A		1,825		90,538
Janus Capital Group, Inc.		43,088		383,914
Jefferies Group, Inc.		29,488		555,554
Knight Capital Group, Inc. Class A^*		10,711		137,851
Legg Mason, Inc.		15,103		421,827
LPL Investment Holdings, Inc.^*		654		24,813
Raymond James Financial, Inc.		14,929		545,356
SEI Investments Co.		20,458		423,276
Stifel Financial Corp.^*		6,310		238,770
Waddell & Reed Financial, Inc. Class A		11,133		360,821

Total Capital Markets				6,364,391
Chemicals – 3.8%
Balchem Corp.		1,387		41,957
Cabot Corp.		8,341		355,994
Cytec Industries, Inc.		5,506		334,710
Huntsman Corp.		29,159		408,518
Intrepid Potash, Inc.^*		5,931		144,301
Kronos Worldwide, Inc.^(a)		24,214		603,897
NewMarket Corp.		1,550		290,470
Olin Corp.		6,792		147,726
Rockwood Holdings, Inc.^*		12,988		677,324
RPM International, Inc.		12,250		320,827
Scotts Miracle-Gro Co. (The) Class A^(a)		4,254		230,397
Sensient Technologies Corp.		4,900		186,200
Solutia, Inc.		21,366		596,966
Valspar Corp.		8,762		423,117
W.R. Grace & Co.^*		9,801		566,498
Westlake Chemical Corp.		11,679		756,682

Total Chemicals				6,085,584
Commercial Banks – 4.3%
Associated Banc-Corp.		11,933		166,585
Bank of Hawaii Corp.^(a)		5,745		277,771
BOK Financial Corp.		7,358		414,108
City National Corp.		5,409		283,810
Commerce Bancshares, Inc.		10,294		417,113
Cullen/Frost Bankers, Inc.		6,062		352,748
East West Bancorp, Inc.		16,450		379,830
FNB Corp.		11,537		139,367
First Citizens BancShares, Inc. Class A		863		157,661
First Horizon National Corp.		7,011		72,774
First Niagara Financial Group, Inc.		27,321		268,839
First Republic Bank^*(a)		16,608		547,068
FirstMerit Corp.		11,965		201,730
Fulton Financial Corp.		21,463		225,361
Hancock Holding Co.		3,684		130,819
Iberiabank Corp.		1,621		86,675
International Bancshares Corp.		9,702		205,197
Investors Bancorp, Inc.^*		8,241		123,780
National Penn Bancshares, Inc.		11,937		105,642
Prosperity Bancshares, Inc.		5,261		240,954
Signature Bank^*		3,523		222,090
Susquehanna Bancshares, Inc.		8,530		84,276

See Notes to Financial Statements.


36		WisdomTree Domestic and International Earnings Funds

Schedule of Investments (continued)

WisdomTree MidCap Earnings Fund (EZM)

March 31, 2012


Investments	Shares		Value

SVB Financial Group^*		5,040	$	324,274
TCF Financial Corp.		18,269		217,218
Trustmark Corp.		6,953		173,686
UMB Financial Corp.		4,504		201,486
Umpqua Holdings Corp.		8,423		114,216
United Bankshares, Inc.^(a)		3,912		112,900
Valley National Bancorp^(a)		18,286		236,804
Webster Financial Corp.		10,253		232,436
Westamerica Bancorp.^(a)		3,159		151,632
Zions Bancorp.		299		6,417

Total Commercial Banks				6,875,267
Commercial Services & Supplies – 2.5%
Avery Dennison Corp.		15,471		466,141
Cintas Corp.		12,280		480,394
Clean Harbors, Inc.^*		2,803		188,726
Copart, Inc.^*		10,888		283,850
Corrections Corp. of America^*		10,958		299,263
Covanta Holding Corp.		7,641		124,013
Healthcare Services Group, Inc.		2,928		62,279
Herman Miller, Inc.		5,882		135,051
HNI Corp.		2,400		66,600
KAR Auction Services, Inc.^*		6,916		112,108
Mine Safety Appliances Co.		2,296		94,320
Pitney Bowes, Inc.^(a)		30,762		540,796
Portfolio Recovery Associates, Inc.^*		2,039		146,237
R.R. Donnelley & Sons Co.^(a)		23,714		293,816
Rollins, Inc.		6,561		139,618
Tetra Tech, Inc.^*		6,046		159,373
United Stationers, Inc.^(a)		5,213		161,759
Waste Connections, Inc.		7,424		241,503

Total Commercial Services & Supplies				3,995,847
Communications Equipment – 2.4%
Acme Packet, Inc.^*(a)		2,193		60,351
ADTRAN, Inc.		7,035		219,422
Arris Group, Inc.^*		7,852		88,728
Aruba Networks, Inc.^*(a)		4,776		106,409
Brocade Communications Systems, Inc.^*		14,596		83,927
EchoStar Corp. Class A^*		12,639		355,661
Finisar Corp.^*		7,732		155,800
Harris Corp.		22,758		1,025,931
InterDigital, Inc.		3,778		131,701
JDS Uniphase Corp.^*		9,926		143,828
Loral Space & Communications, Inc.^*		9,631		766,628
NETGEAR, Inc.^*		3,383		129,231
Plantronics, Inc.		4,682		188,497
Polycom, Inc.^*		10,684		203,744
Riverbed Technology, Inc.^*		3,306		92,832
Viasat, Inc.^*		1,078		51,970

Total Communications Equipment				3,804,660
Computers & Peripherals – 0.8%
Diebold, Inc.		3,367		129,697
Fusion-io, Inc.^*(a)		1,052		29,887
Lexmark International, Inc. Class A^(a)		15,230		506,245

NCR Corp.^*		19,590	$	425,299
QLogic Corp.^*		14,735		261,694

Total Computers & Peripherals				1,352,822
Construction & Engineering – 0.9%
AECOM Technology Corp.^*		20,624		461,359
EMCOR Group, Inc.		7,765		215,246
MasTec, Inc.^*		12,137		219,558
URS Corp.		11,689		497,016

Total Construction & Engineering				1,393,179
Construction Materials – 0.1%
Martin Marietta Materials, Inc.^(a)		1,712		146,599
Consumer Finance – 0.5%
Cash America International, Inc.^(a)		4,296		205,907
Credit Acceptance Corp.^*		3,185		321,717
Ezcorp, Inc. Class A^*		6,501		210,990
Green Dot Corp. Class A^*(a)		2,062		54,684

Total Consumer Finance				793,298
Containers & Packaging – 2.1%
Aptargroup, Inc.		5,505		301,509
Bemis Co., Inc.		11,034		356,288
Graphic Packaging Holding Co.^*		44,035		243,073
Greif, Inc. Class A		7,285		407,377
Owens-Illinois, Inc.^*		15,415		359,786
Packaging Corp. of America		10,803		319,661
Rock-Tenn Co. Class A		3,990		269,565
Sealed Air Corp.		21,735		419,703
Silgan Holdings, Inc.		6,820		301,444
Sonoco Products Co.		10,852		360,286

Total Containers & Packaging				3,338,692
Distributors – 0.1%
Pool Corp.		3,472		129,922
Diversified Consumer Services – 1.8%
Coinstar, Inc.^*(a)		3,596		228,526
DeVry, Inc.		13,783		466,830
Education Management Corp.^*		14,200		194,398
Hillenbrand, Inc.		7,086		162,624
ITT Educational Services, Inc.^*(a)		9,265		612,787
Service Corp. International		17,759		199,966
Sotheby’s		9,787		385,021
Weight Watchers International, Inc.^(a)		7,292		562,869

Total Diversified Consumer Services				2,813,021
Diversified Financial Services – 0.3%
CBOE Holdings, Inc.		7,756		220,425
MSCI, Inc. Class A^*		7,223		265,879

Total Diversified Financial Services				486,304
Diversified Telecommunication Services – 0.1%
AboveNet, Inc.^*		1,660		137,448
tw telecom, inc.^*		4,717		104,529

Total Diversified Telecommunication Services				241,977

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			37

Schedule of Investments (continued)

WisdomTree MidCap Earnings Fund (EZM)

March 31, 2012


Investments	Shares		Value

Electric Utilities – 1.7%
ALLETE, Inc.		3,386	$	140,485
Cleco Corp.		7,637		302,807
El Paso Electric Co.		4,486		145,750
Great Plains Energy, Inc.		13,097		265,476
Hawaiian Electric Industries, Inc.		7,339		186,044
IDACORP, Inc.		6,745		277,354
ITC Holdings Corp.		3,312		254,825
NV Energy, Inc.		20,745		334,410
Portland General Electric Co.		8,243		205,910
UIL Holdings Corp.		3,574		124,232
Unisource Energy Corp.		4,622		169,027
Westar Energy, Inc.		12,060		336,836

Total Electric Utilities				2,743,156
Electrical Equipment – 1.9%
Acuity Brands, Inc.		3,074		193,140
Babcock & Wilcox Co. (The)^*		11,028		283,971
Belden, Inc.		4,514		171,126
Brady Corp. Class A		5,225		169,029
EnerSys^*		7,748		268,468
Generac Holdings, Inc.^*(a)		3,993		98,028
General Cable Corp.^*		7,242		210,597
GrafTech International Ltd.^*		18,311		218,633
Hubbell, Inc. Class B		5,871		461,343
II-VI, Inc.^*		6,909		163,398
Polypore International, Inc.^*(a)		3,275		115,149
Regal-Beloit Corp.		4,325		283,504
Thomas & Betts Corp.^*		4,847		348,548

Total Electrical Equipment				2,984,934
Electronic Equipment, Instruments & Components – 3.7%
Anixter International, Inc.^*		4,737		343,575
Arrow Electronics, Inc.^*		25,145		1,055,336
AVX Corp.		29,566		392,045
Cognex Corp.		2,917		123,564
Coherent, Inc.^*		2,633		153,583
Dolby Laboratories, Inc. Class A^*		14,272		543,192
FEI Co.^*		3,775		185,390
FLIR Systems, Inc.		14,173		358,719
Ingram Micro, Inc. Class A^*		21,763		403,921
IPG Photonics Corp.^*(a)		4,780		248,799
Jabil Circuit, Inc.		30,056		755,007
National Instruments Corp.		6,188		176,482
Tech Data Corp.^*		6,754		366,472
Vishay Intertechnology, Inc.^*		59,847		727,739

Total Electronic Equipment, Instruments & Components				5,833,824
Energy Equipment & Services – 2.4%
Atwood Oceanics, Inc.^*		10,258		460,482
Bristow Group, Inc.		3,234		154,359
CARBO Ceramics, Inc.^(a)		1,333		140,565
Dresser-Rand Group, Inc.^*		2,906		134,809
Dril-Quip, Inc.^*		2,032		132,121
Gulfmark Offshore, Inc. Class A^*		1,440		66,182
Helix Energy Solutions Group, Inc.^*		6,780		120,684

Key Energy Services, Inc.^*		4,780	$	73,851
Lufkin Industries, Inc.		1,386		111,781
Oil States International, Inc.^*		5,629		439,400
Patterson-UTI Energy, Inc.		22,710		392,656
Rowan Cos., Inc.^*		8,327		274,208
RPC, Inc.^(a)		35,407		375,668
SEACOR Holdings, Inc.^*		592		56,702
Superior Energy Services, Inc.^*		14,842		391,235
Tidewater, Inc.		2,910		157,198
Unit Corp.^*		6,121		261,734

Total Energy Equipment & Services				3,743,635
Food & Staples Retailing – 0.5%
Casey’s General Stores, Inc.		3,009		166,879
Fresh Market, Inc. (The)^*		587		28,147
Harris Teeter Supermarkets, Inc.		3,968		159,117
PriceSmart, Inc.		1,330		96,837
SUPERVALU, Inc.^(a)		34,494		196,961
United Natural Foods, Inc.^*		2,981		139,093

Total Food & Staples Retailing				787,034
Food Products – 1.4%
Corn Products International, Inc.		9,376		540,526
Darling International, Inc.^*		18,279		318,420
Dean Foods Co.^*		10,458		126,646
Flowers Foods, Inc.		10,124		206,226
Hain Celestial Group, Inc. (The)^*		2,168		94,980
Lancaster Colony Corp.^(a)		2,247		149,336
Smithfield Foods, Inc.^*		29,237		644,091
Tootsie Roll Industries, Inc.^(a)		2,670		61,170
TreeHouse Foods, Inc.^*		2,087		124,177

Total Food Products				2,265,572
Gas Utilities – 1.3%
AGL Resources, Inc.		7,475		293,169
Atmos Energy Corp.		9,151		287,890
New Jersey Resources Corp.		3,180		141,733
Northwest Natural Gas Co.		2,202		99,971
Piedmont Natural Gas Co., Inc.^(a)		4,841		150,410
Questar Corp.		17,168		330,656
South Jersey Industries, Inc.		2,173		108,737
Southwest Gas Corp.		4,014		171,558
UGI Corp.		12,322		335,774
WGL Holdings, Inc.		4,034		164,184

Total Gas Utilities				2,084,082
Health Care Equipment & Supplies – 1.6%
Align Technology, Inc.^*		3,641		100,309
Cooper Cos., Inc. (The)		3,632		296,771
Gen-Probe, Inc.^*		1,441		95,697
Haemonetics Corp.^*		1,746		121,661
Hill-Rom Holdings, Inc.		7,633		255,018
IDEXX Laboratories, Inc.^*		3,108		271,795
Masimo Corp.^*		4,926		115,170
ResMed, Inc.^*		13,566		419,325
Sirona Dental Systems, Inc.^*		4,144		213,582

See Notes to Financial Statements.


38		WisdomTree Domestic and International Earnings Funds

Schedule of Investments (continued)

WisdomTree MidCap Earnings Fund (EZM)

March 31, 2012


Investments	Shares		Value

STERIS Corp.		6,689	$	211,506
Teleflex, Inc.		2,790		170,608
Thoratec Corp.^*		3,379		113,906
Volcano Corp.^*		762		21,603
West Pharmaceutical Services, Inc.		2,658		113,045

Total Health Care Equipment & Supplies				2,519,996
Health Care Providers & Services – 3.8%
Accretive Health, Inc.^*(a)		1,453		29,016
AMERIGROUP Corp.^*		6,563		441,559
Catalyst Health Solutions, Inc.^*		1,992		126,950
Centene Corp.^*		4,377		214,342
Community Health Systems, Inc.^*		25,939		576,883
Health Management Associates, Inc. Class A^*		40,407		271,535
Health Net, Inc.^*		10,442		414,756
HMS Holdings Corp.^*		2,322		72,470
LifePoint Hospitals, Inc.^*		6,618		261,014
Lincare Holdings, Inc.		10,820		280,022
Magellan Health Services, Inc.^*		4,057		198,022
Mednax, Inc.^*		4,765		354,373
Omnicare, Inc.		6,960		247,567
Owens & Minor, Inc.		6,502		197,726
Patterson Cos., Inc.		10,913		364,494
PSS World Medical, Inc.^*		4,619		117,045
Select Medical Holdings Corp.^*		16,225		124,770
Team Health Holdings, Inc.^*		4,503		92,582
Tenet Healthcare Corp.^*		65,010		345,203
Universal Health Services, Inc. Class B		13,727		575,299
VCA Antech, Inc.^*		8,977		208,356
WellCare Health Plans, Inc.^*		6,345		456,079

Total Health Care Providers & Services				5,970,063
Health Care Technology – 0.1%
Allscripts Healthcare Solutions, Inc.^*		3,479		57,752
athenahealth, Inc.^*(a)		517		38,320
Quality Systems, Inc.		3,133		137,006

Total Health Care Technology				233,078
Hotels, Restaurants & Leisure – 1.0%
Bally Technologies, Inc.^*		3,842		179,614
BJ’s Restaurants, Inc.^*		966		48,638
Brinker International, Inc.		8,504		234,285
Buffalo Wild Wings, Inc.^*		1,112		100,847
Cheesecake Factory, Inc. (The)^*(a)		4,575		134,459
Choice Hotels International, Inc.		4,350		162,429
Domino’s Pizza, Inc.		4,381		159,031
Life Time Fitness, Inc.^*		3,263		165,010
Penn National Gaming, Inc.^*		6,744		289,857
Vail Resorts, Inc.		1,105		47,791

Total Hotels, Restaurants & Leisure				1,521,961
Household Durables – 3.0%
D.R. Horton, Inc.		9,223		139,913
Harman International Industries, Inc.		6,228		291,533
Jarden Corp.		11,746		472,542
Leggett & Platt, Inc.^(a)		12,034		276,902

Lennar Corp. Class A^(a)		5,508	$	149,707
Mohawk Industries, Inc.^*		4,844		322,174
NVR, Inc.^*		361		262,205
Tempur-Pedic International, Inc.^*		5,983		505,145
Toll Brothers, Inc.^*		7,816		187,506
Tupperware Brands Corp.		6,772		430,022
Whirlpool Corp.		21,852		1,679,545

Total Household Durables				4,717,194
Industrial Conglomerates – 0.5%
Carlisle Cos., Inc.		5,695		284,294
Seaboard Corp.^*		230		448,730

Total Industrial Conglomerates				733,024
Insurance – 5.4%
Alleghany Corp.^*		687		226,092
American Financial Group, Inc.		13,285		512,535
American National Insurance Co.		2,854		206,972
AmTrust Financial Services, Inc.		9,227		248,022
Arthur J. Gallagher & Co.		6,383		228,128
Assurant, Inc.		17,603		712,922
Brown & Brown, Inc.		10,240		243,507
CNO Financial Group, Inc.^*		101,449		789,273
Delphi Financial Group, Inc. Class A		11,482		514,049
Erie Indemnity Co. Class A		3,736		291,184
Fidelity National Financial, Inc. Class A		29,162		525,791
First American Financial Corp.		10,221		169,975
Genworth Financial, Inc. Class A^*		1,351		11,240
Hanover Insurance Group, Inc. (The)		1,158		47,617
HCC Insurance Holdings, Inc.		14,387		448,443
Kemper Corp.		4,156		125,844
Markel Corp.^*		737		330,869
Mercury General Corp.		3,670		160,526
Primerica, Inc.		12,380		312,100
ProAssurance Corp.		4,486		395,261
Protective Life Corp.		20,281		600,723
Reinsurance Group of America, Inc.		17,256		1,026,214
RLI Corp.^(a)		2,578		184,688
StanCorp Financial Group, Inc.		6,691		273,930

Total Insurance				8,585,905
Internet & Catalog Retail – 0.5%
HomeAway, Inc.^*(a)		295		7,484
HSN, Inc.		4,841		184,103
Netflix, Inc.^*		4,837		556,449

Total Internet & Catalog Retail				748,036
Internet Software & Services – 0.5%
AOL, Inc.^*		5,669		107,541
IAC/InterActiveCorp		4,212		206,767
j2 Global, Inc.^(a)		6,228		178,619
ValueClick, Inc.^*(a)		8,599		169,744
WebMD Health Corp.^*(a)		2,503		64,027

Total Internet Software & Services				726,698

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			39

Schedule of Investments (continued)

WisdomTree MidCap Earnings Fund (EZM)

March 31, 2012


Investments	Shares		Value

IT Services – 4.1%
Booz Allen Hamilton Holding Corp.^(a)		14,345	$	244,295
Broadridge Financial Solutions, Inc.		11,536		275,826
CACI International, Inc. Class A^*		4,085		254,455
Cardtronics, Inc.^*		3,812		100,065
Computer Sciences Corp.		45,340		1,357,480
Convergys Corp.^*		8,829		117,867
CoreLogic, Inc.^*		5,387		87,916
DST Systems, Inc.		6,802		368,872
FleetCor Technologies, Inc.^*		6,193		240,103
Gartner, Inc.^*(a)		5,184		221,046
Global Payments, Inc.		7,349		348,857
Jack Henry & Associates, Inc.		6,284		214,410
Lender Processing Services, Inc.		17,559		456,534
ManTech International Corp. Class A		6,187		213,204
MAXIMUS, Inc.		3,053		124,165
NeuStar, Inc. Class A^*		5,571		207,520
SAIC, Inc.^*		60,683		801,016
Sapient Corp.		7,987		99,438
Syntel, Inc.		3,628		203,168
Total System Services, Inc.		15,620		360,353
Wright Express Corp.^*		3,185		206,165

Total IT Services				6,502,755
Leisure Equipment & Products – 0.3%
Brunswick Corp.		2,120		54,590
Polaris Industries, Inc.		5,474		394,949

Total Leisure Equipment & Products				449,539
Life Sciences Tools & Services – 1.0%
Bio-Rad Laboratories, Inc. Class A^*		3,069		318,225
Bruker Corp.^*		9,854		150,865
Charles River Laboratories International, Inc.^*		2,385		86,075
Covance, Inc.^*		4,724		225,004
Illumina, Inc.^*		6,078		319,763
PAREXEL International Corp.^*		2,973		80,182
PerkinElmer, Inc.		10,330		285,728
Techne Corp.		2,536		177,773

Total Life Sciences Tools & Services				1,643,615
Machinery – 6.2%
Actuant Corp. Class A		8,837		256,185
Barnes Group, Inc.		4,454		117,185
Chart Industries, Inc.^*		1,189		87,189
CLARCOR, Inc.		3,552		174,368
Colfax Corp.^*		1,452		51,168
Crane Co.		6,086		295,171
Graco, Inc.		5,228		277,398
Harsco Corp.		2,646		62,075
IDEX Corp.		7,812		329,119
ITT Corp.		47,083		1,080,084
Kennametal, Inc.		10,915		486,045
Lincoln Electric Holdings, Inc.		8,410		381,141
Middleby Corp.^*		1,304		131,939
Mueller Industries, Inc.		3,269		148,576
Nordson Corp.		7,470		407,190

Oshkosh Corp.^*		19,841	$	459,716
Pentair, Inc.		9,347		445,011
Robbins & Myers, Inc.		2,800		145,740
Sauer-Danfoss, Inc.		13,597		639,059
Snap-On, Inc.		7,620		464,591
SPX Corp.		5,371		416,414
Timken Co. (The)		17,543		890,132
Toro Co. (The)		2,888		205,366
Trinity Industries, Inc.		5,282		174,042
Valmont Industries, Inc.		2,699		316,889
WABCO Holdings, Inc.^*		12,828		775,837
Wabtec Corp.		3,735		281,507
Watts Water Technologies, Inc. Class A		2,548		103,831
Woodward, Inc.		4,987		213,593

Total Machinery				9,816,561
Marine – 0.2%
Alexander & Baldwin, Inc.		1,545		74,855
Kirby Corp.^*		3,762		247,502

Total Marine				322,357
Media – 2.0%
AMC Networks, Inc. Class A^*		5,295		236,316
Cablevision Systems Corp. Class A		26,555		389,827
Cinemark Holdings, Inc.		11,583		254,247
Clear Channel Outdoor Holdings, Inc. Class A^*		2,660		21,227
DreamWorks Animation SKG, Inc. Class A^*(a)		12,577		232,046
Gannett Co., Inc.		59,243		908,195
John Wiley & Sons, Inc. Class A		6,029		286,920
Madison Square Garden Co. (The) Class A^*		4,160		142,272
Meredith Corp.^(a)		5,992		194,500
Morningstar, Inc.		2,333		147,096
Regal Entertainment Group Class A^(a)		5,802		78,907
Washington Post Co. (The) Class B^(a)		712		265,982

Total Media				3,157,535
Metals & Mining – 1.7%
Allied Nevada Gold Corp.^*		1,266		41,183
Carpenter Technology Corp.		3,526		184,163
Coeur d’Alene Mines Corp.^*		4,299		102,058
Compass Minerals International, Inc.		3,363		241,262
Hecla Mining Co.^(a)		29,319		135,454
Molycorp, Inc.^*(a)		4,097		138,602
Reliance Steel & Aluminum Co.		10,092		569,996
Schnitzer Steel Industries, Inc. Class A		3,691		147,252
Steel Dynamics, Inc.		30,347		441,245
Stillwater Mining Co.^*		18,729		236,735
Titanium Metals Corp.		9,854		133,620
United States Steel Corp.^(a)		2,667		78,330
Worthington Industries, Inc.		9,157		175,631

Total Metals & Mining				2,625,531
Multiline Retail – 0.6%
Big Lots, Inc.^*		8,658		372,467
Dillard’s, Inc. Class A		7,343		462,756
Saks, Inc.^*(a)		10,325		119,873

Total Multiline Retail				955,096

See Notes to Financial Statements.


40		WisdomTree Domestic and International Earnings Funds

Schedule of Investments (continued)

WisdomTree MidCap Earnings Fund (EZM)

March 31, 2012


Investments	Shares			Value

Multi-Utilities – 1.1%
Avista Corp.		6,380		$	163,200
Black Hills Corp.		2,770			92,878
Integrys Energy Group, Inc.		7,759			411,150
MDU Resources Group, Inc.		16,160			361,822
NorthWestern Corp.		3,317			117,621
TECO Energy, Inc.		21,040			369,252
Vectren Corp.		7,444			216,323

Total Multi-Utilities					1,732,246
Office Electronics – 0.1%
Zebra Technologies Corp. Class A^*		4,962			204,335
Oil, Gas & Consumable Fuels – 3.2%
Arch Coal, Inc.		13,159			140,933
Berry Petroleum Co. Class A		6,601			311,105
Bill Barrett Corp.^*(a)		2,710			70,487
Cloud Peak Energy, Inc.^*		11,953			190,411
CVR Energy, Inc.^*		22,288			596,204
Energen Corp.		10,383			510,324
EXCO Resources, Inc.^(a)		21,400			141,882
Forest Oil Corp.^*		12,510			151,621
Gulfport Energy Corp.^*		4,891			142,426
Northern Oil and Gas, Inc.^*		2,608			54,090
Oasis Petroleum, Inc.^*(a)		5,042			155,445
Rosetta Resources, Inc.^*		2,302			112,246
SandRidge Energy, Inc.^*		50,447			395,000
Stone Energy Corp.^*		10,498			300,138
Swift Energy Co.^*		3,772			109,501
Targa Resources Corp.		487			22,134
Tesoro Corp.^*		42,347			1,136,594
W&T Offshore, Inc.^(a)		10,863			228,992
World Fuel Services Corp.		6,460			264,860

Total Oil, Gas & Consumable Fuels					5,034,393
Paper & Forest Products – 0.1%
Buckeye Technologies, Inc.		4,673			158,742
Personal Products – 0.2%
Nu Skin Enterprises, Inc. Class A^(a)		5,053			292,619
Pharmaceuticals – 0.9%
Endo Pharmaceuticals Holdings, Inc.^*		8,819			341,560
Impax Laboratories, Inc.^*		4,923	��		121,007
Jazz Pharmaceuticals PLC^*		4,677			226,694
Medicis Pharmaceutical Corp. Class A		4,886			183,665
Par Pharmaceutical Cos., Inc.^*		3,825			148,142
Questcor Pharmaceuticals, Inc.^*(a)		1,803			67,829
Salix Pharmaceuticals Ltd.^*		2,526			132,615
Viropharma, Inc.^*		6,555			197,109

Total Pharmaceuticals					1,418,621
Professional Services – 0.8%
Acacia Research Corp.^*		870			36,314
Corporate Executive Board Co. (The)		1,835			78,923
CoStar Group, Inc.^*		248			17,125
Dun & Bradstreet Corp. (The)		5,440			460,931
FTI Consulting, Inc.^*		2,668			100,103

Manpower, Inc.		9,389		$	444,757
Robert Half International, Inc.		7,167			217,160

Total Professional Services					1,355,313
Real Estate Investment Trusts (REITs) – 1.6%
Alexander’s, Inc.		308			121,315
Alexandria Real Estate Equities, Inc.		3,599			263,195
American Campus Communities, Inc.		1,335			59,701
BioMed Realty Trust, Inc.		1,682			31,924
BRE Properties, Inc.		532			26,893
Camden Property Trust		208			13,676
CBL & Associates Properties, Inc.		1,260			23,839
DuPont Fabros Technology, Inc.		2,600			63,570
Entertainment Properties Trust		2,303			106,813
Equity Lifestyle Properties, Inc.		765			53,351
Equity One, Inc.		1,341			27,115
Essex Property Trust, Inc.		300			45,453
Extra Space Storage, Inc.		2,604			74,969
Highwoods Properties, Inc.		1,546			51,513
Home Properties, Inc.		788			48,076
Hospitality Properties Trust		2,193			58,049
Liberty Property Trust		6,009			214,641
Mack-Cali Realty Corp.		3,411			98,305
Mid-America Apartment Communities, Inc.		794			53,222
National Retail Properties, Inc.		4,017			109,222
Omega Healthcare Investors, Inc.		2,475			52,619
Piedmont Office Realty Trust, Inc. Class A		8,884			157,691
Post Properties, Inc.		619			29,006
Potlatch Corp.^(a)		2,162			67,757
PS Business Parks, Inc.		1,346			88,217
Realty Income Corp.		5,104			197,678
Senior Housing Properties Trust		9,820			216,531
Tanger Factory Outlet Centers		2,086			62,017
Taubman Centers, Inc.		1,408			102,714
Washington Real Estate Investment Trust		660			19,602

Total Real Estate Investment Trusts (REITs)					2,538,674
Real Estate Management & Development – 0.4%
Howard Hughes Corp. (The)^*(a)		3,590			229,293
Jones Lang LaSalle, Inc.		4,100			341,571
St Joe Co. (The)^*(a)		983			18,687

Total Real Estate Management & Development					589,551
Road & Rail – 1.1%
AMERCO		3,207			338,371
Avis Budget Group, Inc.^*		2,875			40,681
Con-way, Inc.		3,933			128,255
Dollar Thrifty Automotive Group, Inc.^*		2,352			190,300
Genesee & Wyoming, Inc. Class A^*		2,399			130,938
Heartland Express, Inc.		5,395			78,012
Knight Transportation, Inc.		5,287			93,369
Landstar System, Inc.		3,270			188,744
Old Dominion Freight Line, Inc.^*		4,510			214,992
Ryder System, Inc.		4,053			213,998
Swift Transportation Co.^*		917			10,582
Werner Enterprises, Inc.		5,355			133,125

Total Road & Rail					1,761,367

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			41

Schedule of Investments (continued)

WisdomTree MidCap Earnings Fund (EZM)

March 31, 2012


Investments		Shares		Value

Semiconductors & Semiconductor Equipment – 4.1%
Advanced Micro Devices, Inc.^*			90,413	$	725,112
Atmel Corp.^*			86,804		855,887
Cavium, Inc.^*			2,240		69,306
Cree, Inc.^*(a)			6,741		213,218
Cymer, Inc.^*			3,120		156,000
Cypress Semiconductor Corp.^*			13,403		209,489
Fairchild Semiconductor International, Inc.^*			21,999		323,385
First Solar, Inc.^*(a)			22,862		572,693
Hittite Microwave Corp.^*			2,460		133,603
International Rectifier Corp.^*			11,276		260,137
Intersil Corp. Class A			9,705		108,696
LSI Corp.^*			13,796		119,749
Microsemi Corp.^*			4,681		100,361
MKS Instruments, Inc.			7,937		234,380
Novellus Systems, Inc.^*			12,156		606,706
ON Semiconductor Corp.^*			18,876		170,073
PMC – Sierra, Inc.^*			12,198		88,191
RF Micro Devices, Inc.^*			23,321		116,139
Semtech Corp.^*			6,486		184,591
Silicon Laboratories, Inc.^*			1,338		57,534
Skyworks Solutions, Inc.^*			23,557		651,351
Teradyne, Inc.^*			30,674		518,084

Total Semiconductors & Semiconductor Equipment					6,474,685
Software – 1.8%
Advent Software, Inc.^*			1,813		46,413
Aspen Technology, Inc.^*			1,136		23,322
Blackbaud, Inc.			1,779		59,116
Cadence Design Systems, Inc.^*			3,600		42,624
CommVault Systems, Inc.^*			877		43,534
Compuware Corp.^*			19,466		178,893
Factset Research Systems, Inc.^(a)			2,837		280,976
Fair Isaac Corp.			2,803		123,052
Fortinet, Inc.^*			4,142		114,526
JDA Software Group, Inc.^*			2,719		74,718
Mentor Graphics Corp.^*			8,791		130,634
MICROS Systems, Inc.^*			4,938		273,022
MicroStrategy, Inc. Class A^*			252		35,280
Parametric Technology Corp.^*			6,725		187,896
Progress Software Corp.^*			4,736		111,864
QLIK Technologies, Inc.^*			317		10,144
Quest Software, Inc.^*			5,422		126,170
Rovi Corp.^*			4,638		150,967
SolarWinds, Inc.^*			3,030		117,110
Solera Holdings, Inc.			5,236		240,280
SS&C Technologies Holdings, Inc.^*			4,044		94,347
Synopsys, Inc.^*			11,215		343,852
Ultimate Software Group, Inc.^*			86		6,302

Total Software					2,815,042
Specialty Retail – 4.6%
Aaron’s, Inc.			7,741		200,492
Abercrombie & Fitch Co. Class A			6,276		311,352
Aeropostale, Inc.^*			9,708		209,887

American Eagle Outfitters, Inc.			14,849	$	255,254
ANN, Inc.^*			5,474		156,775
Ascena Retail Group, Inc.^*			9,083		402,559
Buckle, Inc. (The)			5,463		261,678
Cabela’s, Inc.^*			8,579		327,289
Chico’s FAS, Inc.			18,621		281,177
Children’s Place Retail Stores, Inc. (The)^*			2,245		115,999
DSW, Inc. Class A			4,312		236,168
Express, Inc.^*			8,755		218,700
Foot Locker, Inc.			15,909		493,974
GameStop Corp. Class A^(a)			24,738		540,278
Genesco, Inc.^*			1,916		137,281
GNC Holdings, Inc. Class A			6,096		212,689
Guess?, Inc.			15,233		476,031
Hibbett Sports, Inc.^*(a)			1,805		98,463
JOS A Bank Clothiers, Inc.^*			2,717		136,964
Men’s Wearhouse, Inc. (The)			4,307		166,982
Monro Muffler Brake, Inc.			1,780		73,852
Penske Automotive Group, Inc.			11,869		292,334
Pier 1 Imports, Inc.^*			12,046		218,996
Rent-A-Center, Inc.			6,326		238,807
Sally Beauty Holdings, Inc.^*			15,781		391,369
Ulta Salon Cosmetics & Fragrance, Inc.			1,983		184,201
Urban Outfitters, Inc.^*			11,842		344,721
Williams-Sonoma, Inc.	��		8,747		327,838

Total Specialty Retail					7,312,110
Textiles, Apparel & Luxury Goods – 1.4%
Carter’s, Inc.^*			4,304		214,210
Columbia Sportswear Co.^(a)			2,771		131,484
Crocs, Inc.^*			11,362		237,693
Deckers Outdoor Corp.^*(a)			2,463		155,292
Hanesbrands, Inc.^*			16,442		485,697
Iconix Brand Group, Inc.^*			10,408		180,891
Steven Madden Ltd.^*			3,993		170,701
Under Armour, Inc. Class A^*(a)			1,693		159,142
Vera Bradley, Inc.^*(a)			1,870		56,455
Warnaco Group, Inc. (The)^*			4,925		287,620
Wolverine World Wide, Inc.			5,426		201,739

Total Textiles, Apparel & Luxury Goods					2,280,924
Thrifts & Mortgage Finance – 0.4%
BankUnited, Inc.			3,164		79,100
Capitol Federal Financial, Inc.			5,101		60,498
Northwest Bancshares, Inc.			7,599		96,507
Ocwen Financial Corp.^*			8,721		136,309
TFS Financial Corp.^*			1,555		14,773
Washington Federal, Inc.			14,344		241,266

Total Thrifts & Mortgage Finance					628,453
Tobacco – 0.0%
Vector Group Ltd.^(a)			3,572		63,296
Trading Companies & Distributors – 0.6%
Air Lease Corp.^*(a)			1,660		39,956
Applied Industrial Technologies, Inc.			4,460		183,440

See Notes to Financial Statements.


42		WisdomTree Domestic and International Earnings Funds

Schedule of Investments (concluded)

WisdomTree MidCap Earnings Fund (EZM)

March 31, 2012


Investments	Shares		Value
GATX Corp.		3,331	$	134,239
United Rentals, Inc.^*(a)		3,241		139,007
Watsco, Inc.		1,870		138,455
WESCO International, Inc.^*		5,271		344,249

Total Trading Companies & Distributors				979,346
Water Utilities – 0.1%
Aqua America, Inc.		9,615		214,318
Wireless Telecommunication Services – 0.8%
MetroPCS Communications, Inc.^*		39,601		357,201
NII Holdings, Inc.^*		22,494		411,865
Telephone & Data Systems, Inc.		12,800		296,320
United States Cellular Corp.^*		6,029		246,767

Total Wireless Telecommunication Services				1,312,153
TOTAL COMMON STOCKS (Cost: $137,564,301)				158,070,300
EXCHANGE-TRADED FUND – 0.2%
WisdomTree MidCap Dividend Fund^(b) (Cost: $309,304)		6,729		378,776
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 6.8%
MONEY MARKET FUND – 6.8%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(c)
(Cost: $10,699,894)^(d)		10,699,894		10,699,894
TOTAL INVESTMENTS IN SECURITIES – 106.7% (Cost: $148,573,499)				169,148,970
Liabilities in Excess of Other Assets – (6.7)%				(10,553,234	)

NET ASSETS – 100.0%			$	158,595,736

^*	Non-income producing security.

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Affiliated company (See Note 7).

^(c)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(d)	At March 31, 2012, the total market value of the Fund’s securities on loan was $10,419,942 and the total market value of the collateral held by the Fund was $10,699,894.

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			43

Schedule of Investments

WisdomTree SmallCap Earnings Fund (EES)

March 31, 2012


Investments	Shares		Value

UNITED STATES – 108.8%
COMMON STOCKS – 99.8%
Aerospace & Defense – 1.4%
AAR Corp.		16,022	$	292,401
Aerovironment, Inc.^*		3,709		99,438
American Science & Engineering, Inc.		1,926		129,138
Astronics Corp.^*		2,267		79,254
Ceradyne, Inc.		11,212		365,063
Cubic Corp.		7,900		373,512
DigitalGlobe, Inc.^*		311		4,149
Ducommun, Inc.^*		1,724		20,516
GenCorp, Inc.^*(a)		2,118		15,038
GeoEye, Inc.^*		8,597		206,930
KEYW Holding Corp. (The)^*(a)		715		5,541
LMI Aerospace, Inc.^*		3,128		56,930
National Presto Industries, Inc.^(a)		2,387		181,078
Orbital Sciences Corp.^*		16,962		223,050

Total Aerospace & Defense				2,052,038
Air Freight & Logistics – 0.8%
Air Transport Services Group, Inc.^*		18,711		108,337
Atlas Air Worldwide Holdings, Inc.^*		11,185		550,414
Forward Air Corp.		5,435		199,301
HUB Group, Inc. Class A^*		6,831		246,121
Pacer International, Inc.^*		7,436		46,995
Park-Ohio Holdings Corp.^*		2,373		47,579

Total Air Freight & Logistics				1,198,747
Airlines – 0.9%
Allegiant Travel Co.^*		3,842		209,389
Hawaiian Holdings, Inc.^*		32,159		168,192
JetBlue Airways Corp.^*		53,244		260,363
SkyWest, Inc.		5,668		62,631
Spirit Airlines, Inc.^*		15,546		312,008
US Airways Group, Inc.^*(a)		39,259		297,976

Total Airlines				1,310,559
Auto Components – 1.5%
American Axle & Manufacturing Holdings, Inc.^*		67,161		786,455
Cooper Tire & Rubber Co.		28,706		436,905
Dorman Products, Inc.^*		5,061		256,087
Drew Industries, Inc.^*		5,087		138,926
Exide Technologies^*		30,308		94,864
Fuel Systems Solutions, Inc.^*(a)		1,131		29,587
Modine Manufacturing Co.^*		11,101		98,022
Spartan Motors, Inc.		2,916		15,426
Standard Motor Products, Inc.		6,307		111,886
Stoneridge, Inc.^*		6,213		61,446
Superior Industries International, Inc.		11,979		234,070

Total Auto Components				2,263,674
Automobiles – 0.0%
Winnebago Industries, Inc.^*(a)		1,868		18,306
Beverages – 0.2%
Coca-Cola Bottling Co. Consolidated		2,438		152,960
National Beverage Corp.^*		10,170		163,127

Total Beverages				316,087

Biotechnology – 1.8%
Acorda Therapeutics, Inc.^*		3,702	$	98,288
Astex Pharmaceuticals^*		27,743		51,602
Aveo Pharmaceuticals, Inc.^*		11,239		139,476
Emergent Biosolutions, Inc.^*		4,887		78,192
Exelixis, Inc.^*		8,079		41,849
Genomic Health, Inc.^*(a)		1,030		31,528
Ligand Pharmaceuticals, Inc. Class B^*		1,161		18,518
Maxygen, Inc.^*		11,683		67,060
Momenta Pharmaceuticals, Inc.^*		53,018		812,236
Neurocrine Biosciences, Inc.^*		16,184		128,987
Osiris Therapeutics, Inc.^*(a)		10,788		55,235
PDL BioPharma, Inc.^(a)		121,547		771,823
Progenics Pharmaceuticals, Inc.^*		1,148		11,365
Sciclone Pharmaceuticals, Inc.^*		16,808		106,059
SIGA Technologies, Inc.^*(a)		9,372		31,490
Spectrum Pharmaceuticals, Inc.^*(a)		12,752		161,058

Total Biotechnology				2,604,766
Building Products – 0.3%
AAON, Inc.^(a)		3,602		72,724
Ameresco, Inc. Class A^*		11,431		154,890
Gibraltar Industries, Inc.^*		686		10,393
Quanex Building Products Corp.		3,463		61,053
Trex Co., Inc.^*(a)		1,050		33,684
Universal Forest Products, Inc.		949		32,722

Total Building Products				365,466
Capital Markets – 3.0%
Arlington Asset Investment Corp. Class A		2,923		64,891
Artio Global Investors, Inc.^(a)		56,894		271,384
BGC Partners, Inc. Class A		18,163		134,225
BlackRock Kelso Capital Corp.		32,637		320,495
Calamos Asset Management, Inc. Class A		6,534		85,661
Diamond Hill Investment Group, Inc.		770		56,710
Duff & Phelps Corp. Class A		4,520		70,241
Edelman Financial Group, Inc.		4,838		31,979
Epoch Holding Corp.		4,025		96,117
Evercore Partners, Inc. Class A		1,532		44,535
Fidus Investment Corp.		667		9,345
Fifth Street Finance Corp.		24,461		238,739
Financial Engines, Inc.^*(a)		3,246		72,581
FXCM, Inc. Class A		3,623		47,063
GFI Group, Inc.		21,409		80,498
Gladstone Investment Corp.		19,012		143,921
Golub Capital BDC, Inc.		6,034		92,139
Greenhill & Co., Inc.		3,203		139,779
Hercules Technology Growth Capital, Inc.		16,909		187,352
HFF, Inc. Class A^*		10,986		180,939
Horizon Technology Finance Corp.		2,593		43,070
INTL FCStone, Inc.^*		4,095		86,405
JMP Group, Inc.		3,834		28,295
Main Street Capital Corp.^(a)		10,032		247,088
Medallion Financial Corp.		5,903		65,877
Medley Capital Corp.		2,188		24,659

See Notes to Financial Statements.


44		WisdomTree Domestic and International Earnings Funds

Schedule of Investments (continued)

WisdomTree SmallCap Earnings Fund (EES)

March 31, 2012


Investments	Shares		Value

MVC Capital, Inc.		1,995	$	26,194
New Mountain Finance Corp.		9,110		125,171
Oppenheimer Holdings, Inc. Class A		5,525		95,859
PennantPark Investment Corp.		4,326		44,990
Piper Jaffray Cos.^*		3,524		93,809
Prospect Capital Corp.		43,113		473,381
Solar Capital Ltd.		9,324		205,781
THL Credit, Inc.		6,897		88,695
TICC Capital Corp.		14,536		141,581
Triangle Capital Corp.^(a)		10,698		211,285
US Global Investors, Inc. Class A		4,352		31,552
Virtus Investment Partners, Inc.^*		246		21,102
Westwood Holdings Group, Inc.		1,441		55,810

Total Capital Markets				4,479,198
Chemicals – 4.8%
A. Schulman, Inc.		7,753		209,486
American Vanguard Corp.		5,635		122,223
Calgon Carbon Corp.^*		13,126		204,897
Ferro Corp.^*		64,975		385,952
FutureFuel Corp.		10,105		110,953
Georgia Gulf Corp.^*		15,993		557,836
H.B. Fuller Co.		14,278		468,747
Hawkins, Inc.		2,107		78,380
Innophos Holdings, Inc.		6,851		343,372
Innospec, Inc.^*		12,790		388,560
KMG Chemicals, Inc.		2,420		43,681
Koppers Holdings, Inc.		6,844		263,905
Kraton Performance Polymers, Inc.^*		25,291		671,982
Landec Corp.^*		5,533		36,131
LSB Industries, Inc.^*		9,569		372,425
Minerals Technologies, Inc.		4,836		316,323
OM Group, Inc.^*		542		14,910
Omnova Solutions, Inc.^*		77,431		522,659
PolyOne Corp.		59,312		854,093
Quaker Chemical Corp.		4,499		177,486
Stepan Co.		3,468		304,490
TPC Group, Inc.^*		11,411		504,480
Tredegar Corp.		5,433		106,432
Zep, Inc.		4,272		61,517

Total Chemicals				7,120,920
Commercial Banks – 8.1%
1st Source Corp.		6,947		169,993
1st United Bancorp, Inc.^*		3,397		20,552
Alliance Financial Corp.		1,628		49,345
Arrow Financial Corp.^(a)		3,642		88,865
BancFirst Corp.		4,666		203,251
Bancorp, Inc. (The)^*		3,735		37,499
BancorpSouth, Inc.^(a)		14,924		201,026
Bank of Marin Bancorp		1,707		64,883
Bank of the Ozarks, Inc.^(a)		13,588		424,761
BBCN Bancorp, Inc.^*		10,419		115,963
Boston Private Financial Holdings, Inc.		3,636		36,033
Bridge Bancorp, Inc.		1,799		37,725

Bryn Mawr Bank Corp.		4,039	$	90,635
Camden National Corp.		3,330		117,049
Capital City Bank Group, Inc.		2,778		20,696
Cardinal Financial Corp.		9,072		102,514
Cathay General Bancorp		21,322		377,399
Chemical Financial Corp.		7,283		170,714
Citizens & Northern Corp.		4,711		94,220
City Holding Co.^(a)		4,905		170,302
CNB Financial Corp.		3,052		50,999
Columbia Banking System, Inc.		9,667		220,214
Community Bank System, Inc.		10,182		293,038
Community Trust Bancorp, Inc.		5,177		166,026
CVB Financial Corp.		28,660		336,468
Eagle Bancorp, Inc.^*(a)		5,494		91,970
Enterprise Financial Services Corp.		7,702		90,421
Financial Institutions, Inc.		4,528		73,218
First Bancorp		1,572		17,182
First Bancorp, Inc.		2,878		42,681
First Busey Corp.		19,103		94,369
First Commonwealth Financial Corp.		26,217		160,448
First Community Bancshares, Inc.		6,646		88,791
First Financial Bancorp		15,238		263,617
First Financial Bankshares, Inc.^(a)		8,316		292,806
First Financial Corp.		4,063		129,000
First Interstate Bancsystem, Inc.		12,434		181,785
First Merchants Corp.		2,344		28,925
First of Long Island Corp. (The)		2,719		72,054
German American Bancorp, Inc.^(a)		3,690		71,697
Glacier Bancorp, Inc.		15,314		228,791
Great Southern Bancorp, Inc.		3,508		84,192
Hanmi Financial Corp.^*		16,069		162,618
Heartland Financial USA, Inc.		4,850		84,099
Heritage Commerce Corp.^*		5,984		38,477
Heritage Financial Corp.		1,733		23,569
Home Bancshares, Inc.		4,051		107,797
Hudson Valley Holding Corp.		5,448		87,876
Independent Bank Corp.		6,822		195,996
Lakeland Bancorp, Inc.		7,441		73,294
Lakeland Financial Corp.		4,339		112,944
MainSource Financial Group, Inc.		8,842		106,546
MB Financial, Inc.		2,904		60,955
Merchants Bancshares, Inc.		1,955		55,092
National Bankshares, Inc.^(a)		2,379		71,608
NBT Bancorp, Inc.		10,661		235,395
Old National Bancorp		19,732		259,278
OmniAmerican Bancorp, Inc.^*		691		13,378
Oriental Financial Group, Inc.		16,096		194,762
Pacific Capital Bancorp NA^*(a)		11,760		536,374
Pacific Continental Corp.		3,324		31,312
PacWest Bancorp		5,762		140,017
Park National Corp.^(a)		4,266		295,079
Pinnacle Financial Partners, Inc.^*		9,019		165,499
PrivateBancorp, Inc.		13,302		201,791
Renasant Corp.		4,824		78,535

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			45

Schedule of Investments (continued)

WisdomTree SmallCap Earnings Fund (EES)

March 31, 2012


Investments	Shares		Value

Republic Bancorp, Inc. Class A		15,288	$	365,689
S&T Bancorp, Inc.^(a)		7,930		172,002
S.Y. Bancorp, Inc.^(a)		4,270		99,064
Sandy Spring Bancorp, Inc.		7,308		132,786
SCBT Financial Corp.		1,082		35,392
Simmons First National Corp. Class A		3,538		91,387
Southside Bancshares, Inc.		6,850		151,385
State Bank Financial Corp.^*		11,362		198,949
StellarOne Corp.		4,361		51,765
Sterling Bancorp		7,299		69,997
Texas Capital Bancshares, Inc.^*(a)		8,599		297,697
Tompkins Financial Corp.^(a)		3,496		140,050
TowneBank		6,544		88,279
Trico Bancshares		3,902		67,973
Union First Market Bankshares Corp.		7,274		101,836
Univest Corp. of Pennsylvania		4,883		81,937
Virginia Commerce Bancorp, Inc.^*		11,698		102,708
Washington Banking Co.		5,090		70,293
Washington Trust Bancorp, Inc.		4,790		115,631
WesBanco, Inc.		9,166		184,603
West Bancorp., Inc.		4,854		48,491
West Coast Bancorp^*		3,846		72,766
Wintrust Financial Corp.		4,231		151,427

Total Commercial Banks				11,896,515
Commercial Services & Supplies – 3.4%
ABM Industries, Inc.		13,195		320,638
ACCO Brands Corp.^*		5,463		67,796
At Cross Co. Class A^*		2,765		33,291
Brink’s Co. (The)		14,742		351,892
Consolidated Graphics, Inc.^*		2,783		125,931
Courier Corp.		1,987		23,049
Deluxe Corp.		25,138		588,732
Encore Capital Group, Inc.^*		11,073		249,696
EnergySolutions, Inc.^*		16,966		83,133
Ennis, Inc.		11,944		188,954
Fuel Tech, Inc.^*		3,175		17,335
G&K Services, Inc. Class A		4,656		159,235
Geo Group, Inc. (The)^*		18,659		354,708
InnerWorkings, Inc.^*		5,740		66,871
Interface, Inc. Class A		8,481		118,310
Intersections, Inc.		7,015		89,652
Kimball International, Inc. Class B		3,431		23,708
Knoll, Inc.		14,321		238,301
McGrath Rentcorp		6,832		219,376
Metalico, Inc.^*		24,669		105,337
Mobile Mini, Inc.^*		5,126		108,261
Multi-Color Corp.		3,672		82,657
NL Industries, Inc.		16,014		238,609
Quad Graphics, Inc.^(a)		2,551		35,459
Schawk, Inc.		6,624		82,866
Standard Parking Corp.^*		4,062		83,271
Steelcase, Inc. Class A		13,794		132,422
SYKES Enterprises, Inc.^*		12,712		200,850

Team, Inc.^*		4,054	$	125,471
TMS International Corp. Class A^*		8,547		103,419
U.S. Ecology, Inc.		3,568		77,568
UniFirst Corp.		5,255		323,445
Viad Corp.		2,223		43,193

Total Commercial Services & Supplies				5,063,436
Communications Equipment – 0.9%
Anaren, Inc.^*		3,262		59,858
Bel Fuse, Inc. Class B		2,675		47,267
Black Box Corp.		7,005		178,697
CalAmp Corp.^*		1,774		8,604
Communications Systems, Inc.		3,282		43,093
Comtech Telecommunications Corp.		8,020		261,292
Digi International, Inc.^*		3,982		43,762
Globecomm Systems, Inc.^*		5,040		72,979
Ixia^*		6,722		83,958
Oplink Communications, Inc.^*		10,379		177,481
Procera Networks, Inc.^*		479		10,710
TESSCO Technologies, Inc.		3,442		87,668
Westell Technologies, Inc. Class A^*		117,645		274,113

Total Communications Equipment				1,349,482
Computers & Peripherals – 0.9%
3D Systems Corp.^*(a)		10,014		235,730
Cray, Inc.^*		22,880		167,482
Datalink Corp.^*		4,685		44,601
Electronics For Imaging, Inc.^*		5,999		99,703
Quantum Corp.^*		1,954		5,120
Rimage Corp.		2,326		23,283
STEC, Inc.^*(a)		18,153		171,364
Stratasys, Inc.^*(a)		2,369		86,516
Super Micro Computer, Inc.^*		10,822		188,952
Synaptics, Inc.^*(a)		7,338		267,910

Total Computers & Peripherals				1,290,661
Construction & Engineering – 1.0%
Aegion Corp.^*		7,439		132,637
Comfort Systems USA, Inc.		4,888		53,328
Dycom Industries, Inc.^*		3,252		75,967
Furmanite Corp.^*		9,804		62,942
Great Lakes Dredge & Dock Corp.		11,026		79,608
Layne Christensen Co.^*		6,080		135,280
Michael Baker Corp.^*		2,502		59,673
MYR Group, Inc.^*		4,058		72,476
Northwest Pipe Co.^*		1,083		23,003
Pike Electric Corp.^*		3,422		28,163
Primoris Services Corp.		15,536		249,508
Sterling Construction Co., Inc.^*		6,026		58,753
Tutor Perini Corp.^*		25,133		391,572

Total Construction & Engineering				1,422,910
Construction Materials – 0.0%
Eagle Materials, Inc.		707		24,568
Consumer Finance – 1.5%
Advance America, Cash Advance Centers, Inc.		25,433		266,792

See Notes to Financial Statements.


46		WisdomTree Domestic and International Earnings Funds

Schedule of Investments (continued)

WisdomTree SmallCap Earnings Fund (EES)

March 31, 2012


Investments	Shares		Value

DFC Global Corp.^*		11,712	$	221,006
First Cash Financial Services, Inc.^*		7,398		317,300
Nelnet, Inc. Class��A		38,476		996,913
Netspend Holdings, Inc.^*		14,978		116,229
World Acceptance Corp.^*(a)		5,419		331,914

Total Consumer Finance				2,250,154
Containers & Packaging – 0.4%
AEP Industries, Inc.^*		744		25,899
Boise, Inc.		56,181		461,246
Myers Industries, Inc.		3,320		48,970

Total Containers & Packaging				536,115
Distributors – 0.2%
Core-Mark Holding Co., Inc.		2,230		91,296
VOXX International Corp.^*		14,769		200,268
Weyco Group, Inc.		2,614		61,952

Total Distributors				353,516
Diversified Consumer Services – 2.6%
American Public Education, Inc.^*(a)		3,595		136,610
Archipelago Learning, Inc.^*		2,088		23,218
Bridgepoint Education, Inc.^*		32,491		804,152
Capella Education Co.^*		6,907		248,307
Career Education Corp.^*		111,693		900,246
Collectors Universe, Inc.		1,726		29,756
Grand Canyon Education, Inc.^*		11,609		206,176
K12, Inc.^*(a)		2,553		60,327
Lincoln Educational Services Corp.		21,224		167,882
Mac-Gray Corp.		721		10,909
Matthews International Corp. Class A		9,300		294,252
Regis Corp.		9,910		182,641
Stewart Enterprises, Inc. Class A^(a)		16,842		102,231
Strayer Education, Inc.^(a)		4,972		468,760
Universal Technical Institute, Inc.		8,505		112,181

Total Diversified Consumer Services				3,747,648
Diversified Financial Services – 0.5%
Gain Capital Holdings, Inc.		44,846		225,127
Interactive Brokers Group, Inc. Class A^(a)		5,317		90,389
Life Partners Holdings, Inc.		18,715		76,170
MarketAxess Holdings, Inc.		6,292		234,629
Marlin Business Services Corp.		1,598		24,066
NewStar Financial, Inc.^*		5,394		59,981
PHH Corp.^*(a)		273		4,223

Total Diversified Financial Services				714,585
Diversified Telecommunication Services – 0.7%
8x8, Inc.^*		7,086		29,761
Atlantic Tele-Network, Inc.		1,924		69,957
Boingo Wireless, Inc.^*(a)		6,588		79,715
Cincinnati Bell, Inc.^*(a)		18,247		73,353
Cogent Communications Group, Inc.^*		1,020		19,462
Consolidated Communications Holdings, Inc.		5,362		105,256
General Communication, Inc. Class A^*		2,339		20,396
HickoryTech Corp.		3,485		36,035
IDT Corp. Class B		10,637		99,349

Iridium Communications, Inc.^*(a)		21,546	$	188,743
Neutral Tandem, Inc.^*		10,616		129,409
Premiere Global Services, Inc.^*		6,768		61,183
SureWest Communications		1,037		23,384
Vonage Holdings Corp.^*		29,891		66,059

Total Diversified Telecommunication Services				1,002,062
Electric Utilities – 0.4%
Central Vermont Public Service Corp.		718		25,274
Empire District Electric Co. (The)		11,041		224,685
MGE Energy, Inc.		5,957		264,431
Otter Tail Corp.		3,749		81,353
Unitil Corp.		1,717		46,067

Total Electric Utilities				641,810
Electrical Equipment – 0.9%
AZZ, Inc.		3,483		179,862
Coleman Cable, Inc.^*		7,901		76,798
Encore Wire Corp.		5,752		171,007
Franklin Electric Co., Inc.		5,499		269,836
Global Power Equipment Group, Inc.^*		10,116		280,213
LSI Industries, Inc.		5,227		38,314
Powell Industries, Inc.^*		945		32,366
Preformed Line Products Co.		1,961		128,446
Vicor Corp.		9,457		75,656

Total Electrical Equipment				1,252,498
Electronic Equipment, Instruments & Components – 5.2%
Badger Meter, Inc.		3,453		117,367
Benchmark Electronics, Inc.^*		20,693		341,228
Brightpoint, Inc.^*		18,783		151,203
CTS Corp.		7,097		74,660
Daktronics, Inc.		4,844		43,063
DDi Corp.		8,569		104,542
DTS, Inc.^*		2,474		74,764
Electro Rent Corp.		5,854		107,772
Electro Scientific Industries, Inc.		6,363		95,509
FARO Technologies, Inc.^*		1,599		93,270
Insight Enterprises, Inc.^*		23,427		513,754
Kemet Corp.^*		51,314		480,299
LeCroy Corp.^*		5,287		54,932
Littelfuse, Inc.		8,264		518,153
Measurement Specialties, Inc.^*		4,170		140,529
Mercury Computer Systems, Inc.^*		5,024		66,568
Methode Electronics, Inc.		8,028		74,500
MTS Systems Corp.		5,094		270,440
Multi-Fineline Electronix, Inc.^*		7,356		201,922
Newport Corp.^*		17,830		315,948
OSI Systems, Inc.^*		3,011		184,574
Park Electrochemical Corp.		4,175		126,210
PC Connection, Inc.		10,073		82,800
Plexus Corp.^*		12,571		439,859
Power-One, Inc.^*		143,083		651,028
RealD, Inc.^*(a)		6,959		93,946
Richardson Electronics Ltd.		1,188		14,232
Rofin-Sinar Technologies, Inc.^*		10,795		284,664

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			47

Schedule of Investments (continued)

WisdomTree SmallCap Earnings Fund (EES)

March 31, 2012


Investments	Shares		Value

Rogers Corp.^*		4,111	$	159,301
Sanmina-SCI Corp.^*		30,550		349,798
Scansource, Inc.^*		8,680		323,938
SYNNEX Corp.^*		18,611		709,824
TTM Technologies, Inc.^*		23,134		265,810
Vishay Precision Group, Inc.^*		2,947		43,704
X-Rite, Inc.^*		6,674		30,300
Zygo Corp.^*		4,586		89,748

Total Electronic Equipment, Instruments & Components				7,690,159
Energy Equipment & Services – 0.7%
Basic Energy Services, Inc.^*		4,975		86,316
Global Geophysical Services, Inc.^*		1,404		14,896
Heckmann Corp.^*(a)		1,555		6,702
ION Geophysical Corp.^*		14,507		93,570
Matrix Service Co.^*		8,634		120,962
Mitcham Industries, Inc.^*		1,832		41,147
Natural Gas Services Group, Inc.^*		2,448		32,314
Newpark Resources^*		34,220		280,262
OYO Geospace Corp.^*		1,565		164,842
Parker Drilling Co.^*		14,222		84,905
PHI, Inc.^*		194		4,491
RigNet, Inc.^*		1,238		21,702
TGC Industries, Inc.^*		4,482		44,462

Total Energy Equipment & Services				996,571
Food & Staples Retailing – 1.0%
Andersons, Inc. (The)		8,645		420,925
Ingles Markets, Inc. Class A		8,996		158,689
Nash Finch Co.		5,998		170,463
Pantry, Inc. (The)^*		5,166		67,210
Spartan Stores, Inc.		6,775		122,763
Susser Holdings Corp.^*		7,221		185,363
Village Super Market, Inc. Class A		2,769		87,473
Weis Markets, Inc.		6,856		298,922

Total Food & Staples Retailing				1,511,808
Food Products – 0.8%
B&G Foods, Inc.		8,768		197,368
Calavo Growers, Inc.^(a)		1,919		51,391
Cal-Maine Foods, Inc.^(a)		6,301		241,076
Chiquita Brands International, Inc.^*		26,784		235,431
Diamond Foods, Inc.^(a)		6,242		142,442
J&J Snack Foods Corp.		3,689		193,525
Omega Protein Corp.^*		13,317		101,342
Seneca Foods Corp. Class A^*		1,055		27,789
Smart Balance, Inc.^*		5,637		37,261

Total Food Products				1,227,625
Gas Utilities – 0.2%
Chesapeake Utilities Corp.		2,421		99,552
Laclede Group, Inc. (The)		6,059		236,422

Total Gas Utilities				335,974
Health Care Equipment & Supplies – 2.1%
Abaxis, Inc.^*		1,878		54,706
Analogic Corp.		1,148		77,536

AngioDynamics, Inc.^*		2,069	$	25,345
Arthrocare Corp.^*		3,538		94,995
Atrion Corp.		424		89,129
Cantel Medical Corp.		4,577		114,837
Conceptus, Inc.^*(a)		22,988		330,567
CONMED Corp.		5,119		152,905
CryoLife, Inc.^*		6,573		34,640
Cyberonics, Inc.^*		3,822		145,733
DynaVox, Inc. Class A^*		2,456		7,565
Exactech, Inc.^*		2,457		38,943
Greatbatch, Inc.^*		6,064		148,689
ICU Medical, Inc.^*		3,160		155,346
Integra LifeSciences Holdings Corp.^*		5,406		187,534
Invacare Corp.		9,495		157,332
Kensey Nash Corp.		189		5,530
Meridian Bioscience, Inc.		5,560		107,753
Merit Medical Systems, Inc.^*		6,351		78,879
Natus Medical, Inc.^*		4,514		53,852
Neogen Corp.^*		2,545		99,433
NuVasive, Inc.^*		22,453		378,109
Quidel Corp.^*		1,602		29,429
RTI Biologics, Inc.^*		7,352		27,202
Spectranetics Corp.^*		954		9,922
STAAR Surgical Co.^*(a)		182		1,971
Symmetry Medical, Inc.^*		5,217		36,884
Synergetics USA, Inc.^*		3,389		22,029
Vascular Solutions, Inc.^*		7,298		78,745
Wright Medical Group, Inc.^*		808		15,611
Young Innovations, Inc.		2,024		62,582
Zoll Medical Corp.^*		2,540		235,280

Total Health Care Equipment & Supplies				3,059,013
Health Care Providers & Services – 3.1%
Air Methods Corp.^*		2,325		202,856
Almost Family, Inc.^*		6,362		165,476
Amedisys, Inc.^*		1,419		20,519
AMN Healthcare Services, Inc.^*		1,897		11,496
Amsurg Corp.^*		7,748		216,789
Assisted Living Concepts, Inc. Class A		5,749		95,491
Bio-Reference Labs, Inc.^*(a)		8,377		196,943
Capital Senior Living Corp.^*		2,304		21,289
Chemed Corp.		6,666		417,825
Chindex International, Inc.^*		1,717		16,312
Corvel Corp.^*		2,748		109,618
Cross Country Healthcare, Inc.^*		2,982		14,940
Ensign Group, Inc. (The)		7,756		210,653
Five Star Quality Care, Inc.^*		27,839		94,931
Hanger Orthopedic Group, Inc.^*		8,660		189,308
Healthways, Inc.^*		13,348		98,241
IPC The Hospitalist Co., Inc.^*		2,487		91,795
Kindred Healthcare, Inc.^*		13,802		119,249
Landauer, Inc.		1,863		98,776
Metropolitan Health Networks, Inc.^*		13,264		124,284
MModal, Inc.^*		14,041		148,133

See Notes to Financial Statements.


48		WisdomTree Domestic and International Earnings Funds

Schedule of Investments (continued)

WisdomTree SmallCap Earnings Fund (EES)

March 31, 2012


Investments	Shares		Value

Molina Healthcare, Inc.^*		13,475	$	453,164
MWI Veterinary Supply, Inc.^*		2,410		212,080
National Healthcare Corp.		5,086		231,718
PharMerica Corp.^*		6,100		75,823
Providence Service Corp. (The)^*		4,582		71,067
Sunrise Senior Living, Inc.^*(a)		11,366		71,833
Triple-S Management Corp. Class B^*		11,674		269,669
U.S. Physical Therapy, Inc.		3,407		78,531
Universal American Corp.		36,181		390,031

Total Health Care Providers & Services				4,518,840
Health Care Technology – 0.3%
Computer Programs & Systems, Inc.		2,144		121,179
Epocrates, Inc.^*(a)		2,583		22,162
HealthStream, Inc.^*		1,449		33,602
Medidata Solutions, Inc.^*		6,083		162,051
Merge Healthcare, Inc.^*(a)		436		2,551
Omnicell, Inc.^*		1,805		27,454
Transcend Services, Inc.^*		2,091		61,371

Total Health Care Technology				430,370
Hotels, Restaurants & Leisure – 3.5%
AFC Enterprises^*		5,953		100,963
Ameristar Casinos, Inc.		2,454		45,718
Biglari Holdings, Inc.^*		247		99,504
Bob Evans Farms, Inc.		7,737		291,840
Bravo Brio Restaurant Group, Inc.^*		14,962		298,642
Caribou Coffee Co., Inc.^*(a)		9,909		184,704
Carrols Restaurant Group, Inc.^*		5,168		78,812
CEC Entertainment, Inc.		6,418		243,306
Churchill Downs, Inc.		4,218		235,786
Cracker Barrel Old Country Store, Inc.		6,431		358,850
Denny’s Corp.^*		21,743		87,842
Einstein Noah Restaurant Group, Inc.		2,882		42,999
International Speedway Corp. Class A		9,260		256,965
Interval Leisure Group, Inc.		11,416		198,638
Isle of Capri Casinos, Inc.^*		1,151		8,126
Jack In The Box, Inc.^*		11,783		282,438
Krispy Kreme Doughnuts, Inc.^*		8,560		62,488
Marcus Corp.		5,800		72,790
Multimedia Games Holding Co., Inc.^*		2,897		31,751
Papa John’s International, Inc.^*		5,749		216,507
Peet’s Coffee & Tea, Inc.^*(a)		1,381		101,780
PF Chang’s China Bistro, Inc.		5,437		214,870
Pinnacle Entertainment, Inc.^*		5,782		66,551
Red Robin Gourmet Burgers, Inc.^*		2,703		100,525
Ruby Tuesday, Inc.^*		23,173		211,569
Ruth’s Hospitality Group, Inc.^*		10,529		79,915
Shuffle Master, Inc.^*		9,838		173,149
Sonic Corp.^*		10,887		83,612
Speedway Motorsports, Inc.		13,298		248,407
Texas Roadhouse, Inc.		16,995		282,797
Town Sports International Holdings, Inc.^*		2,270		28,670
WMS Industries, Inc.^*(a)		12,763		302,866

Total Hotels, Restaurants & Leisure				5,093,380

Household Durables – 1.0%
American Greetings Corp. Class A		20,307	$	311,509
Blyth, Inc.		1,610		120,476
Cavco Industries, Inc.^*		1,314		61,206
CSS Industries, Inc.		1,928		37,519
Ethan Allen Interiors, Inc.		5,836		147,768
iRobot Corp.^*(a)		4,698		128,068
La-Z-Boy, Inc.^*		24,268		363,049
Libbey, Inc.^*		7,461		96,545
Lifetime Brands, Inc.		6,330		71,149
Sealy Corp.^*		27,407		55,362
Universal Electronics, Inc.^*		4,585		91,608
Zagg, Inc.^*(a)		4,977		52,906

Total Household Durables				1,537,165
Household Products – 0.2%
Central Garden and Pet Co. Class A^*		14,171		136,467
WD-40 Co.		3,567		161,763

Total Household Products				298,230
Independent Power Producers & Energy Traders – 0.0%
Ormat Technologies, Inc.^(a)		998		20,110
Industrial Conglomerates – 0.3%
Raven Industries, Inc.		3,178		193,890
Standex International Corp.		4,252		175,140

Total Industrial Conglomerates				369,030
Insurance – 3.2%
American Equity Investment Life Holding Co.^(a)		26,851		342,887
AMERISAFE, Inc.^*		4,372		108,163
Citizens, Inc.^*		5,074		50,131
Crawford & Co. Class B		39,112		191,649
Donegal Group, Inc. Class A		518		7,081
eHealth, Inc.^*(a)		3,381		55,144
Employers Holdings, Inc.		11,021		195,182
FBL Financial Group, Inc. Class A		13,546		456,500
Horace Mann Educators Corp.		9,967		175,619
Infinity Property & Casualty Corp.		3,142		164,421
Kansas City Life Insurance Co.		3,224		103,813
Meadowbrook Insurance Group, Inc.		18,021		168,136
National Financial Partners Corp.^*		12,281		185,934
National Interstate Corp.		4,147		106,080
National Western Life Insurance Co. Class A		1,827		250,062
Navigators Group, Inc. (The)^*		1,589		75,064
Phoenix Cos., Inc. (The)^*		149,105		365,307
Presidential Life Corp.		5,084		58,110
Safety Insurance Group, Inc.		2,039		84,904
Selective Insurance Group, Inc.		6,976		122,847
Stewart Information Services Corp.		1,512		21,486
Symetra Financial Corp.		82,146		947,144
Tower Group, Inc.		13,853		310,723
Universal Insurance Holdings, Inc.		28,937		112,565

Total Insurance				4,658,952
Internet & Catalog Retail – 0.2%
1-800-FLOWERS.COM, Inc. Class A^*		9,234		27,979

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			49

Schedule of Investments (continued)

WisdomTree SmallCap Earnings Fund (EES)

March 31, 2012


Investments	Shares		Value

Blue Nile, Inc.^*(a)		1,360	$	44,853
Nutrisystem, Inc.^(a)		5,963		66,964
PetMed Express, Inc.^(a)		6,950		86,041
Shutterfly, Inc.^*(a)		1,750		54,828

Total Internet & Catalog Retail				280,665
Internet Software & Services – 1.6%
Ancestry.com, Inc.^*(a)		10,355		235,473
Constant Contact, Inc.^*		1,003		29,879
DealerTrack Holdings, Inc.^*		818		24,753
Dice Holdings, Inc.^*		13,536		126,291
Digital River, Inc.^*		4,716		88,236
Earthlink, Inc.		23,331		186,415
EasyLink Services International Corp. Class A^*		21,733		110,512
Envestnet, Inc.^*		2,375		29,735
InfoSpace, Inc.^*		4,129		52,892
Intralinks Holdings, Inc.^*		1,503		7,951
Keynote Systems, Inc.		10,131		200,189
Liquidity Services, Inc.^*		964		43,187
LivePerson, Inc.^*		3,322		55,710
LogMein, Inc.^*(a)		931		32,799
LoopNet, Inc.^*(a)		2,478		46,537
Monster Worldwide, Inc.^*		16,055		156,536
NIC, Inc.		6,890		83,576
OpenTable, Inc.^*(a)		1,916		77,540
Perficient, Inc.^*		4,654		55,895
QuinStreet, Inc.^*		10,501		110,155
Responsys, Inc.^*		4,493		53,781
SciQuest, Inc.^*		696		10,607
SPS Commerce, Inc.^*		147		3,951
Stamps.com, Inc.^*		2,141		59,691
TechTarget, Inc.^*		2,303		15,960
Travelzoo, Inc.^*(a)		2,813		64,699
United Online, Inc.		40,602		198,544
XO Group, Inc.^*		2,317		21,757
Zix Corp.^*		63,048		183,470

Total Internet Software & Services				2,366,721
IT Services – 1.6%
Acxiom Corp.^*		19,423		285,130
Cass Information Systems, Inc.		2,466		98,517
Computer Task Group, Inc.^*		3,262		49,974
CSG Systems International, Inc.^*		7,767		117,592
Dynamics Research Corp.^*		4,075		39,283
Echo Global Logistics, Inc.^*(a)		2,557		41,168
Euronet Worldwide, Inc.^*		2,794		58,367
ExlService Holdings, Inc.^*		5,595		153,527
Forrester Research, Inc.		2,221		71,960
Global Cash Access Holdings, Inc.^*		4,661		36,356
Hackett Group, Inc. (The)^*		16,354		97,633
Heartland Payment Systems, Inc.		6,599		190,315
Higher One Holdings, Inc.^*(a)		7,153		106,937
iGate Corp.^*		8,871		148,678
NCI, Inc. Class A^*		6,139		39,228
PRGX Global, Inc.^*		3,558		22,380

ServiceSource International, Inc.^*		3,261	$	50,480
TeleTech Holdings, Inc.^*		15,430		248,423
TNS, Inc.^*		433		9,409
Unisys Corp.^*		20,148		397,319
Virtusa Corp.^*		4,582		79,131

Total IT Services				2,341,807
Leisure Equipment & Products – 0.4%
Arctic Cat, Inc.^*		3,693		158,171
Black Diamond, Inc.^*		453		4,195
JAKKS Pacific, Inc.		8,440		147,278
Leapfrog Enterprises, Inc.^*		7,940		66,378
Steinway Musical Instruments^*		995		24,875
Sturm Ruger & Co., Inc.		4,369		214,518
Summer Infant, Inc.^*		2,679		16,074

Total Leisure Equipment & Products				631,489
Life Sciences Tools & Services – 0.2%
Cambrex Corp.^*		8,530		59,625
eResearch Technology, Inc.^*		11,224		87,772
Harvard Bioscience, Inc.^*		4,992		19,568
Luminex Corp.^*		2,868		66,968
Medtox Scientific, Inc.^*		1,173		19,777

Total Life Sciences Tools & Services				253,710
Machinery – 3.9%
Alamo Group, Inc.		4,003		120,330
Albany International Corp. Class A		9,661		221,720
Altra Holdings, Inc.^*		7,953		152,698
Ampco-Pittsburgh Corp.		4,787		96,362
Astec Industries, Inc.^*		4,671		170,398
Blount International, Inc.^*		14,483		241,576
Briggs & Stratton Corp.		17,454		312,950
Cascade Corp.		3,499		175,370
CIRCOR International, Inc.		4,049		134,710
Commercial Vehicle Group, Inc.^*		4,951		60,452
Douglas Dynamics, Inc.		4,498		61,847
Dynamic Materials Corp.		1,952		41,207
EnPro Industries, Inc.^*		6,171		253,628
ESCO Technologies, Inc.		7,774		285,850
Flow International Corp.^*		2,295		9,226
Gorman-Rupp Co. (The)		4,718		137,671
Graham Corp.		2,012		44,043
Greenbrier Cos., Inc.^*		386		7,639
Hurco Cos., Inc.^*		1,265		35,736
John Bean Technologies Corp.		9,913		160,591
Kadant, Inc.^*		4,449		105,975
Kaydon Corp.		6,817		173,902
L.B. Foster Co. Class A		2,913		83,050
Lindsay Corp.^(a)		2,762		183,038
Lydall, Inc.^*		2,326		23,702
Meritor, Inc.^*		51,124		412,571
Met-Pro Corp.		2,726		28,787
Miller Industries, Inc.		5,369		90,843
NACCO Industries, Inc. Class A		5,253		611,292
NN, Inc.^*		12,884		105,133

See Notes to Financial Statements.


50		WisdomTree Domestic and International Earnings Funds

Schedule of Investments (continued)

WisdomTree SmallCap Earnings Fund (EES)

March 31, 2012


Investments	Shares		Value

PMFG, Inc.^*(a)		2,204	$	33,082
RBC Bearings, Inc.^*		3,840		177,139
Sun Hydraulics Corp.		6,647		173,886
Tennant Co.		3,783		166,452
Titan International, Inc.		7,470		176,665
Trimas Corp.^*		11,808		264,381
Twin Disc, Inc.^(a)		3,103		80,957
Wabash National Corp.^*		7,139		73,889
Xerium Technologies, Inc.^*		4,565		29,444

Total Machinery				5,718,192
Marine – 0.1%
International Shipholding Corp.		3,913		90,351
Media – 2.3%
Arbitron, Inc.		6,052		223,803
Belo Corp. Class A		46,572		333,921
Cumulus Media, Inc. Class A^*(a)		68,385		238,664
Digital Generation, Inc.^*		10,695		109,196
Entercom Communications Corp. Class A^*		48,763		316,472
EW Scripps Co. Class A^*		2,301		22,711
Fisher Communications, Inc.^*		1,177		36,157
Harte-Hanks, Inc.		19,930		180,366
Journal Communications, Inc. Class A^*		18,847		106,109
Knology, Inc.^*		6,450		117,390
LIN TV Corp. Class A^*		26,009		105,336
National CineMedia, Inc.		11,462		175,369
New York Times Co. (The) Class A^*		12,628		85,744
Scholastic Corp.		9,130		322,106
Sinclair Broadcast Group, Inc. Class A		31,883		352,626
Valassis Communications, Inc.^*		20,905		480,815
World Wrestling Entertainment, Inc. Class A^(a)		16,517		146,506

Total Media				3,353,291
Metals & Mining – 2.0%
A.M. Castle & Co.^*(a)		3,760		47,564
AMCOL International Corp.^(a)		5,600		165,144
Century Aluminum Co.^*		29,412		261,178
Globe Specialty Metals, Inc.		22,357		332,449
Gold Resource Corp.		2,244		54,552
Handy & Harman Ltd.^*		8,363		120,762
Haynes International, Inc.		2,583		163,633
Horsehead Holding Corp.^*		19,408		221,057
Kaiser Aluminum Corp.^(a)		1,802		85,162
Materion Corp.^*		8,777		252,163
Metals USA Holdings Corp.^*		18,794		270,821
Noranda Aluminum Holding Corp.		70,441		702,297
Olympic Steel, Inc.		3,773		90,552
RTI International Metals, Inc.^*		1,229		28,341
Universal Stainless & Alloy^*		2,001		85,483

Total Metals & Mining				2,881,158
Multiline Retail – 0.2%
Fred’s, Inc. Class A		9,155		133,754
Gordmans Stores, Inc.^*		4,346		95,482
Tuesday Morning Corp.^*		7,698		29,560

Total Multiline Retail				258,796

Multi-Utilities – 0.2%
CH Energy Group, Inc.		4,434	$	295,881
Oil, Gas & Consumable Fuels – 2.7%
Abraxas Petroleum Corp.^*		6,525		20,358
Alon USA Energy, Inc.		13,336		120,691
Approach Resources, Inc.^*		2,289		84,579
Callon Petroleum Co.^*		28,187		177,296
Carrizo Oil & Gas, Inc.^*		822		23,230
Clayton Williams Energy, Inc.^*(a)		4,769		378,849
Contango Oil & Gas Co.^*		3,974		234,108
Delek US Holdings, Inc.		34,323		532,350
Energy Partners Ltd.^*		10,470		173,907
Evolution Petroleum Corp.^*		574		5,338
GeoResources, Inc.^*		4,428		144,973
Green Plains Renewable Energy, Inc.^*		15,978		172,403
Houston American Energy Corp.^*(a)		4,217		22,013
James River Coal Co.^*(a)		8,240		42,189
Panhandle Oil and Gas, Inc. Class A		1,051		30,983
Petroleum Development Corp.^*		283		10,496
Petroquest Energy, Inc.^*(a)		2,698		16,566
Resolute Energy Corp.^*(a)		12,498		142,227
REX American Resources Corp.^*		695		21,336
Vaalco Energy, Inc.^*		24,217		228,851
Venoco, Inc.^*		18,324		198,632
Warren Resources, Inc.^*		25,109		81,855
Western Refining, Inc.^(a)		58,752		1,105,713

Total Oil, Gas & Consumable Fuels				3,968,943
Paper & Forest Products – 0.9%
Clearwater Paper Corp.^*		7,730		256,713
Deltic Timber Corp.		356		22,531
KapStone Paper and Packaging Corp.^*		15,477		304,897
Neenah Paper, Inc.		4,893		145,518
PH Glatfelter Co.		12,717		200,674
Schweitzer-Mauduit International, Inc.		3,707		256,006
Wausau Paper Corp.		11,656		109,333

Total Paper & Forest Products				1,295,672
Personal Products – 1.7%
Elizabeth Arden, Inc.^*		5,028		175,879
Inter Parfums, Inc.		7,306		114,631
Medifast, Inc.^*(a)		5,512		96,240
Nature’s Sunshine Products, Inc.^*(a)		4,810		77,056
Nutraceutical International Corp.^*		5,582		81,274
Prestige Brands Holdings, Inc.^*		13,392		234,092
Revlon, Inc. Class A^*		85,371		1,472,650
Schiff Nutrition International, Inc.^*		4,602		56,559
USANA Health Sciences, Inc.^*(a)		6,389		238,501

Total Personal Products				2,546,882
Pharmaceuticals – 1.1%
Acura Pharmaceuticals, Inc.^*(a)		8,699		30,098
Akorn, Inc.^*		23,524		275,231
Columbia Laboratories, Inc.^*		17,301		12,284
DepoMed, Inc.^*		74,618		467,109

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			51

Schedule of Investments (continued)

WisdomTree SmallCap Earnings Fund (EES)

March 31, 2012


Investments	Shares		Value

Hi-Tech Pharmacal Co., Inc.^*		5,043	$	181,195
MAP Pharmaceuticals, Inc.^*		1,747		25,087
Medicines Co. (The)^*		30,945		621,066
Obagi Medical Products, Inc.^*		3,083		41,312
Santarus, Inc.^*		1,578		9,231

Total Pharmaceuticals				1,662,613
Professional Services – 2.4%
Advisory Board Co. (The)^*		1,065		94,380
Barrett Business Services, Inc.		2,132		42,278
CBIZ, Inc.^*(a)		17,008		107,491
CDI Corp.		2,731		48,967
CRA International, Inc.^*		2,591		65,345
Dolan Co. (The)^*		8,267		75,312
Exponent, Inc.^*		2,735		132,702
Franklin Covey Co.^*		1,948		18,331
GP Strategies Corp.^*		4,739		82,932
Hudson Highland Group, Inc.^*		7,047		37,913
Huron Consulting Group, Inc.^*		3,652		137,169
ICF International, Inc.^*		5,093		129,209
Insperity, Inc.		4,906		150,320
Kelly Services, Inc. Class A		15,913		254,449
Kforce, Inc.^*		9,100		135,590
Korn/Ferry International^*		15,978		267,631
Mistras Group, Inc.^*		2,960		70,507
Navigant Consulting, Inc.^*		11,701		162,761
On Assignment, Inc.^*		943		16,474
Pendrell Corp.^*		436,706		1,139,803
Resources Connection, Inc.		3,793		53,292
RPX Corp.^*		7,530		127,709
TrueBlue, Inc.^*		8,265		147,778
VSE Corp.		3,237		80,310

Total Professional Services				3,578,653
Real Estate Investment Trusts (REITs) – 1.3%
Acadia Realty Trust		4,908		110,626
Agree Realty Corp.		638		14,406
Chesapeake Lodging Trust		1,091		19,605
EastGroup Properties, Inc.		1,913		96,071
Franklin Street Properties Corp.		7,768		82,341
Getty Realty Corp.^(a)		12,579		195,981
Gladstone Commercial Corp.		260		4,475
Government Properties Income Trust		6,826		164,575
Investors Real Estate Trust		785		6,037
LTC Properties, Inc.		4,950		158,400
Medical Properties Trust, Inc.		8,371		77,683
Mission West Properties, Inc.		1,028		10,136
Monmouth Real Estate Investment Corp. Class A		5,441		52,995
National Health Investors, Inc.		6,366		310,534
One Liberty Properties, Inc.		2,404		43,993
Ramco-Gershenson Properties Trust		3,711		45,348
Retail Opportunity Investments Corp.^(a)		3,138		37,782
Sabra Health Care REIT, Inc.		1,966		32,321
Saul Centers, Inc.		1,267		51,136
Sovran Self Storage, Inc.		2,795		139,275

Sun Communities, Inc.		86	$	3,726
Sunstone Hotel Investors, Inc.^*		6,714		65,394
UMH Properties, Inc.		1,897		20,791
Universal Health Realty Income Trust		1,627		64,478
Urstadt Biddle Properties, Inc. Class A		4,129		81,507
Whitestone REIT Class B		229		2,986
Winthrop Realty Trust		7,439		86,218

Total Real Estate Investment Trusts (REITs)				1,978,820
Real Estate Management & Development – 0.1%
Forestar Group, Inc.^*		8,724		134,263
Tejon Ranch Co.^*		1,477		42,301

Total Real Estate Management & Development				176,564
Road & Rail – 0.4%
Celadon Group, Inc.		4,588		71,343
Marten Transport Ltd.		4,655		102,736
Quality Distribution, Inc.^*		2,996		41,285
RailAmerica, Inc.^*		11,643		249,859
Roadrunner Transportation Systems, Inc.^*		6,013		104,325
Saia, Inc.^*		2,865		48,734

Total Road & Rail				618,282
Semiconductors & Semiconductor Equipment – 8.0%
Advanced Energy Industries, Inc.^*		23,000		301,760
Amkor Technology, Inc.^*		110,297		677,775
ATMI, Inc.^*		6,655		155,062
Axcelis Technologies, Inc.^*		33,985		58,454
AXT, Inc.^*		23,493		149,181
Brooks Automation, Inc.		33,542		413,573
Cabot Microelectronics Corp.		4,425		172,044
Ceva, Inc.^*		2,578		58,546
Cirrus Logic, Inc.^*		44,660		1,062,908
Cohu, Inc.		8,141		92,563
Diodes, Inc.^*(a)		14,537		336,968
Entegris, Inc.^*		53,232		497,187
Entropic Communications, Inc.^*(a)		58,728		342,384
FSI International, Inc.^*		10,074		49,262
GSI Technology, Inc.^*		11,684		49,540
GT Advanced Technologies, Inc.^*(a)		109,090		902,174
Inphi Corp.^*		1,662		23,567
Integrated Device Technology, Inc.^*		42,344		302,760
Integrated Silicon Solution, Inc.^*		23,647		263,901
IXYS Corp.^*		16,039		211,715
Kopin Corp.^*		4,982		20,277
Kulicke & Soffa Industries, Inc.^*		56,625		703,849
Lattice Semiconductor Corp.^*		33,566		215,829
LTX-Credence Corp.^*		23,817		171,244
Micrel, Inc.		16,476		169,044
MIPS Technologies, Inc.^*		9,061		49,292
Monolithic Power Systems, Inc.^*		4,396		86,469
Nanometrics, Inc.^*		12,443		230,320
NVE Corp.^*(a)		903		47,859
Omnivision Technologies, Inc.^*		45,983		919,660
Pericom Semiconductor Corp.^*		2,072		16,763
Photronics, Inc.^*		9,722		64,651

See Notes to Financial Statements.


52		WisdomTree Domestic and International Earnings Funds

Schedule of Investments (continued)

WisdomTree SmallCap Earnings Fund (EES)

March 31, 2012


Investments	Shares			Value

Power Integrations, Inc.		4,419		$	164,033
Rambus, Inc.^*		4,142			26,716
Rubicon Technology, Inc.^*		21,677			226,091
Rudolph Technologies, Inc.^*		13,649			151,640
Silicon Image, Inc.^*		2,303			13,542
Spansion, Inc. Class A^*		2,380			28,988
Standard Microsystems Corp.^*		2,238			57,897
STR Holdings, Inc.^*(a)		17,779			86,050
Supertex, Inc.^*		1,706			30,827
TriQuint Semiconductor, Inc.^*		73,800			508,851
Ultra Clean Holdings^*		12,612			95,094
Ultratech, Inc.^*		5,893			170,779
Veeco Instruments, Inc.^*(a)		45,795			1,309,737
Volterra Semiconductor Corp.^*		4,059			139,691

Total Semiconductors & Semiconductor Equipment					11,826,517
Software – 1.8%
ACI Worldwide, Inc.^*		7,395			297,797
Actuate Corp.^*		6,167			38,729
American Software, Inc. Class A		3,577			30,691
Bottomline Technologies, Inc.^*		6,591			184,153
BroadSoft, Inc.^*(a)		4,530			173,272
Convio, Inc.^*		850			13,149
Digimarc Corp.^*		1,179			32,941
Ebix, Inc.^(a)		14,056			325,537
EPIQ Systems, Inc.		4,176			50,530
ePlus, Inc.^*		3,020	��		96,549
Interactive Intelligence Group, Inc.^*		2,713			82,774
Majesco Entertainment Co.^*(a)		12,299			30,379
Manhattan Associates, Inc.^*		3,414			162,267
Monotype Imaging Holdings, Inc.^*		5,596			83,380
Netscout Systems, Inc.^*		7,081			144,028
Opnet Technologies, Inc.		1,745			50,605
Pegasystems, Inc.		812			30,986
PROS Holdings, Inc.^*		1,146			21,430
SeaChange International, Inc.^*		2,604			20,259
Sourcefire, Inc.^*		887			42,691
Synchronoss Technologies, Inc.^*		1,111			35,463
TeleCommunication Systems, Inc. Class A^*		15,483			43,043
TeleNav, Inc.^*		18,366			128,929
Tyler Technologies, Inc.^*		3,506			134,665
VASCO Data Security International, Inc.^*		10,025			108,170
Verint Systems, Inc.^*		3,566			115,503
Websense, Inc.^*		6,584			138,857

Total Software					2,616,777
Specialty Retail – 3.7%
America’s Car-Mart, Inc.^*		3,027			133,128
Asbury Automotive Group, Inc.^*		8,224			222,048
bebe Stores, Inc.		3,426			31,622
Big 5 Sporting Goods Corp.		7,058			55,335
Body Central Corp.^*		2,806			81,430
Brown Shoe Co., Inc.		7,129			65,801
Casual Male Retail Group, Inc.^*		18,203			61,162

Cato Corp. (The) Class A		9,684		$	267,666
Citi Trends, Inc.^*		2,297			26,324
Cost Plus, Inc.^*		3,898			69,774
Destination Maternity Corp.		5,502			102,172
Finish Line, Inc. (The) Class A		14,596			309,727
Group 1 Automotive, Inc.		5,730			321,854
Haverty Furniture Cos., Inc.		1,424			15,806
hhgregg, Inc.^*(a)		12,589			143,263
Kirkland’s, Inc.^*		6,399			103,536
Lithia Motors, Inc. Class A		7,726			202,421
Lumber Liquidators Holdings, Inc.^*(a)		5,721			143,654
Midas, Inc.^*		1,936			22,225
OfficeMax, Inc.^*(a)		35,641			203,867
PEP Boys-Manny Moe & Jack (The)		15,060			224,695
RadioShack Corp.^(a)		42,619			265,090
Rue21, Inc.^*(a)		6,151			180,470
Select Comfort Corp.^*		10,794			349,618
Shoe Carnival, Inc.^*		4,447			143,282
Sonic Automotive, Inc. Class A^(a)		31,924			571,759
Stage Stores, Inc.		8,576			139,274
Stein Mart, Inc.^*		19,783			130,568
Systemax, Inc.^*		13,196			222,485
Vitamin Shoppe, Inc.^*		4,410			194,966
West Marine, Inc.^*		8,782			105,208
Wet Seal, Inc. (The) Class A^*		23,053			79,533
Winmark Corp.		893			51,740
Zumiez, Inc.^*		4,256			153,684

Total Specialty Retail					5,395,187
Textiles, Apparel & Luxury Goods – 0.9%
Cherokee, Inc.		2,312			26,334
Delta Apparel, Inc.^*		4,195			68,924
G-III Apparel Group Ltd.^*		9,124			259,304
Jones Group, Inc. (The)		22,833			286,782
Maidenform Brands, Inc.^*		10,148			228,432
Oxford Industries, Inc.		2,303			117,038
Perry Ellis International, Inc.^*		8,875			165,696
True Religion Apparel, Inc.^*		5,416			148,398
Unifi, Inc.^*		7,998			77,261

Total Textiles, Apparel & Luxury Goods					1,378,169
Thrifts & Mortgage Finance – 1.6%
Astoria Financial Corp.		39,397			388,454
Beneficial Mutual Bancorp, Inc.^*		2,315			20,233
Berkshire Hills Bancorp, Inc.		2,037			46,688
Bofi Holding, Inc.^*		5,323			90,917
Brookline Bancorp, Inc.		17,517			164,134
Dime Community Bancshares, Inc.		15,161			221,502
ESB Financial Corp.		4,019			57,954
ESSA Bancorp, Inc.		1,912			18,738
Federal Agricultural Mortgage Corp. Class C		2,940			66,738
First Defiance Financial Corp.		3,147			53,058
First PacTrust Bancorp, Inc.^(a)		1,408			16,783
Flushing Financial Corp.		11,001			148,074
Fox Chase Bancorp, Inc.		1,351			17,563

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			53

Schedule of Investments (concluded)

WisdomTree SmallCap Earnings Fund (EES)

March 31, 2012


Investments	Shares		Value

Kearny Financial Corp.		3,512	$	34,242
Northfield Bancorp, Inc.^(a)		4,724		67,175
OceanFirst Financial Corp.		6,140		87,434
Oritani Financial Corp.		8,662		127,158
Provident Financial Services, Inc.		16,358		237,682
Provident New York Bancorp		7,760		65,650
Rockville Financial, Inc.		2,083		24,267
Territorial Bancorp, Inc.		2,441		50,797
TrustCo Bank Corp.		22,638		129,263
United Financial Bancorp, Inc.		2,667		42,192
ViewPoint Financial Group		6,896		106,061
Walker & Dunlop, Inc.^*		786		9,904
Westfield Financial, Inc.		2,807		22,203
WSFS Financial Corp.		1,704		69,864

Total Thrifts & Mortgage Finance				2,384,728
Tobacco – 0.3%
Universal Corp.		8,107		377,786
Trading Companies & Distributors – 1.5%
Aceto Corp.		4,931		46,795
Beacon Roofing Supply, Inc.^*		9,794		252,293
CAI International, Inc.^*		12,565		228,432
DXP Enterprises, Inc.^*		3,668		159,521
Houston Wire & Cable Co.		5,721		79,465
Interline Brands, Inc.^*		7,918		171,108
Kaman Corp.		8,746		296,927
Rush Enterprises, Inc. Class A^*		9,090		192,890
TAL International Group, Inc.		16,112		591,471
Titan Machinery, Inc.^*		5,696		160,627

Total Trading Companies & Distributors				2,179,529
Water Utilities – 0.4%
American States Water Co.		4,980		179,977
Artesian Resources Corp. Class A		1,259		23,657
California Water Service Group		10,981		199,964
Connecticut Water Service, Inc.		1,628		46,056
Middlesex Water Co.		3,173		59,938
SJW Corp.		2,772		66,861
York Water Co.		2,077		35,932

Total Water Utilities				612,385
Wireless Telecommunication Services – 0.5%
NTELOS Holdings Corp.		8,491		175,764
Shenandoah Telecommunications Co.		4,641		51,747
USA Mobility, Inc.		30,880		430,158

Total Wireless Telecommunication Services				657,669
TOTAL COMMON STOCKS (Cost: $128,738,384)				146,750,185
EXCHANGE-TRADED FUND – 0.2%
WisdomTree MidCap Earnings Fund^(a)(b) (Cost: $236,674)		4,401		269,473
SHORT-TERM INVESTMENT – 0.0%
MONEY MARKET FUND – 0.0%
Invesco Treasury Fund Private Class, 0.02%^(c) (Cost: $30,425)		30,425		30,425

INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 8.8%
MONEY MARKET FUND – 8.8%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(c)
(Cost: $12,980,279)^(d)		12,980,279	$	12,980,279
TOTAL INVESTMENTS IN SECURITIES – 108.8% (Cost: $141,985,762)				160,030,362
Liabilities in Excess of Other Assets – (8.8)%				(12,903,475	)

NET ASSETS – 100.0%			$	147,126,887

^*	Non-income producing security.

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Affiliated company (See Note 7).

^(c)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(d)	At March 31, 2012, the total market value of the Fund’s securities on loan was $12,629,839 and the total market value of the collateral held by the Fund was $12,980,279.

See Notes to Financial Statements.


54		WisdomTree Domestic and International Earnings Funds

Schedule of Investments

WisdomTree LargeCap Value Fund (EZY)

March 31, 2012


Investments	Shares		Value

UNITED STATES – 100.6%
COMMON STOCKS – 99.4%
Aerospace & Defense – 0.5%
Cubic Corp.		174	$	8,227
Esterline Technologies Corp.^*		307		21,938
Moog, Inc. Class A^*		395		16,942
Teledyne Technologies, Inc.^*		364		22,950
Textron, Inc.		1,363		37,932
Triumph Group, Inc.		492		30,829

Total Aerospace & Defense				138,818
Air Freight & Logistics – 0.1%
Atlas Air Worldwide Holdings, Inc.^*		300		14,763
Airlines – 0.2%
Alaska Air Group, Inc.^*		1,172		41,981
JetBlue Airways Corp.^*		2,527		12,357

Total Airlines				54,338
Auto Components – 1.1%
BorgWarner, Inc.^*		741		62,496
Cooper Tire & Rubber Co.		698		10,624
Johnson Controls, Inc.		5,188		168,506
TRW Automotive Holdings Corp.^*		2,249		104,466

Total Auto Components				346,092
Automobiles – 0.3%
Harley-Davidson, Inc.		1,685		82,700
Beverages – 0.4%
Beam, Inc.		1,058		61,967
Constellation Brands, Inc. Class A^*		2,383		56,215

Total Beverages				118,182
Building Products – 0.5%
Fortune Brands Home & Security, Inc.^*		1,058		23,350
Owens Corning^*		3,529		127,150

Total Building Products				150,500
Capital Markets – 0.6%
Ameriprise Financial, Inc.		2,525		144,253
Raymond James Financial, Inc.		917		33,498
Stifel Financial Corp.^*		584		22,099

Total Capital Markets				199,850
Chemicals – 4.2%
Ashland, Inc.		802		48,970
Cabot Corp.		679		28,980
CF Industries Holdings, Inc.		601		109,773
Cytec Industries, Inc.		366		22,249
Dow Chemical Co. (The)		8,498		294,371
E.I. du Pont de Nemours & Co.		7,793		412,250
Eastman Chemical Co.		1,572		81,257
NewMarket Corp.		159		29,797
PolyOne Corp.		1,853		26,683
PPG Industries, Inc.		1,122		107,487
Rockwood Holdings, Inc.^*		684		35,671
Sensient Technologies Corp.		363		13,794
Solutia, Inc.		1,009		28,191
Valspar Corp.		801		38,680

Westlake Chemical Corp.		474	$	30,710

Total Chemicals				1,308,863
Commercial Services & Supplies – 0.4%
ABM Industries, Inc.		438		10,643
Avery Dennison Corp.		1,123		33,836
Clean Harbors, Inc.^*		363		24,441
Deluxe Corp.		650		15,223
Geo Group, Inc. (The)^*		530		10,075
Steelcase, Inc. Class A		538		5,165
United Stationers, Inc.		406		12,598

Total Commercial Services & Supplies				111,981
Communications Equipment – 0.3%
EchoStar Corp. Class A^*		720		20,261
Loral Space & Communications, Inc.^*		860		68,456

Total Communications Equipment				88,717
Computers & Peripherals – 0.7%
NCR Corp.^*		1,067		23,164
SanDisk Corp.^*		3,737		185,318

Total Computers & Peripherals				208,482
Construction & Engineering – 0.5%
EMCOR Group, Inc.		706		19,570
Fluor Corp.		1,559		93,602
KBR, Inc.		1,234		43,869
MasTec, Inc.^*		565		10,221

Total Construction & Engineering				167,262
Consumer Finance – 1.6%
Capital One Financial Corp.		7,743		431,595
Cash America International, Inc.		398		19,076
Credit Acceptance Corp.^*		291		29,394
Ezcorp, Inc. Class A^*		486		15,773

Total Consumer Finance				495,838
Containers & Packaging – 0.8%
Ball Corp.		1,968		84,388
Bemis Co., Inc.		947		30,579
Graphic Packaging Holding Co.^*		1,894		10,455
Greif, Inc. Class A		585		32,713
Rock-Tenn Co. Class A		458		30,942
Sealed Air Corp.		1,603		30,954
Sonoco Products Co.		1,061		35,225

Total Containers & Packaging				255,256
Distributors – 0.2%
Genuine Parts Co.		1,169		73,355
Diversified Consumer Services – 0.1%
Coinstar, Inc.^*(a)		229		14,553
Diversified Financial Services – 0.2%
NASDAQ OMX Group, Inc. (The)^*		2,259		58,508
Diversified Telecommunication Services – 11.3%
AT&T, Inc.		81,202		2,535,938
Verizon Communications, Inc.		25,220		964,161

Total Diversified Telecommunication Services				3,500,099

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			55

Schedule of Investments (continued)

WisdomTree LargeCap Value Fund (EZY)

March 31, 2012


Investments	Shares		Value

Electric Utilities – 1.4%
Cleco Corp.		390	$	15,463
Edison International		4,514		191,890
El Paso Electric Co.		381		12,379
Northeast Utilities		1,536		57,016
NV Energy, Inc.		2,096		33,788
Pepco Holdings, Inc.		2,670		50,436
PNM Resources, Inc.		1,262		23,095
Portland General Electric Co.		670		16,737
Unisource Energy Corp.		468		17,115
Westar Energy, Inc.		1,067		29,801

Total Electric Utilities				447,720
Electrical Equipment – 0.4%
Belden, Inc.		323		12,245
EnerSys^*		472		16,355
General Cable Corp.^*		318		9,247
GrafTech International Ltd.^*		1,148		13,707
Hubbell, Inc. Class B		463		36,383
Polypore International, Inc.^*(a)		136		4,782
Regal-Beloit Corp.		290		19,009
Thomas & Betts Corp.^*		362		26,031

Total Electrical Equipment				137,759
Electronic Equipment, Instruments & Components – 1.3%
Anixter International, Inc.^*		309		22,412
Arrow Electronics, Inc.^*		1,584		66,480
Avnet, Inc.^*		2,264		82,387
FEI Co.^*		252		12,376
Ingram Micro, Inc. Class A^*		2,005		37,213
IPG Photonics Corp.^*		116		6,038
Jabil Circuit, Inc.		2,260		56,771
Molex, Inc.		1,581		44,458
Tech Data Corp.^*		566		30,711
TTM Technologies, Inc.^*		590		6,779
Vishay Intertechnology, Inc.^*		2,664		32,394

Total Electronic Equipment, Instruments & Components				398,019
Energy Equipment & Services – 2.2%
Baker Hughes, Inc.		1,842		77,254
Bristow Group, Inc.		389		18,567
Dresser-Rand Group, Inc.^*		364		16,886
Halliburton Co.		5,351		177,600
Helmerich & Payne, Inc.		672		36,254
Lufkin Industries, Inc.		58		4,678
National Oilwell Varco, Inc.		3,034		241,112
Oil States International, Inc.^*		324		25,291
Rowan Cos., Inc.^*		1,044		34,379
SEACOR Holdings, Inc.^*		367		35,151
Superior Energy Services, Inc.^*		522		13,760

Total Energy Equipment & Services				680,932
Food & Staples Retailing – 1.5%
Casey’s General Stores, Inc.		447		24,791
Costco Wholesale Corp.		2,398		217,738
Harris Teeter Supermarkets, Inc.^*		436		17,484
Kroger Co. (The)		6,201		150,250

United Natural Foods, Inc.^*		249	$	11,618
Whole Foods Market, Inc.		588		48,922

Total Food & Staples Retailing				470,803
Food Products – 1.6%
Archer-Daniels-Midland Co.		7,391		233,999
Corn Products International, Inc.		720		41,508
Darling International, Inc.^*		449		7,822
Hain Celestial Group, Inc. (The)^*		169		7,404
Hormel Foods Corp.		2,091		61,726
TreeHouse Foods, Inc.^*		233		13,863
Tyson Foods, Inc. Class A		6,671		127,750

Total Food Products				494,072
Gas Utilities – 0.5%
Atmos Energy Corp.		743		23,375
ONEOK, Inc.		698		56,999
Southwest Gas Corp.		390		16,668
UGI Corp.		984		26,814
WGL Holdings, Inc.		431		17,542

Total Gas Utilities				141,398
Health Care Equipment & Supplies – 0.1%
Cooper Cos., Inc. (The)		325		26,556
Hill-Rom Holdings, Inc.		481		16,070

Total Health Care Equipment & Supplies				42,626
Health Care Providers & Services – 9.7%
Aetna, Inc.		6,121		307,029
AMERIGROUP Corp.^*		572		38,484
AmerisourceBergen Corp.		2,089		82,892
Cardinal Health, Inc.		2,776		119,673
Centene Corp.^*		402		19,686
Cigna Corp.		4,259		209,756
Community Health Systems, Inc.^*		1,133		25,198
Coventry Health Care, Inc.		2,977		105,892
DaVita, Inc.^*		742		66,906
Health Net, Inc.^*		811		32,213
Humana, Inc.		2,373		219,455
LifePoint Hospitals, Inc.^*		532		20,982
Magellan Health Services, Inc.^*		397		19,378
McKesson Corp.		2,259		198,272
Omnicare, Inc.		1,247		44,356
Tenet Healthcare Corp.^*		23,892		126,867
UnitedHealth Group, Inc.		14,510		855,219
Universal American Corp.		1,165		12,559
Universal Health Services, Inc. Class B		810		33,947
WellCare Health Plans, Inc.^*		660		47,441
WellPoint, Inc.		5,663		417,929

Total Health Care Providers & Services				3,004,134
Hotels, Restaurants & Leisure – 0.5%
Brinker International, Inc.		716		19,726
Chipotle Mexican Grill, Inc.^*		82		34,276
Life Time Fitness, Inc.^*		360		18,205
Wyndham Worldwide Corp.		1,578		73,393

Total Hotels, Restaurants & Leisure				145,600

See Notes to Financial Statements.


56		WisdomTree Domestic and International Earnings Funds

Schedule of Investments (continued)

WisdomTree LargeCap Value Fund (EZY)

March 31, 2012


Investments	Shares		Value

Household Durables – 0.4%
Jarden Corp.^*		1,029	$	41,397
Newell Rubbermaid, Inc.		4,208		74,944

Total Household Durables				116,341
Independent Power Producers & Energy Traders – 0.1%
NRG Energy, Inc.^*		2,784		43,625
Industrial Conglomerates – 0.1%
Seaboard Corp.^*		17		33,167
Insurance – 5.6%
American Financial Group, Inc.		1,907		73,572
Assurant, Inc.		2,204		89,262
Chubb Corp. (The)		4,669		322,675
CNA Financial Corp.		5,380		157,795
CNO Financial Group, Inc.^*		5,293		41,180
Delphi Financial Group, Inc. Class A		747		33,443
Erie Indemnity Co. Class A		348		27,123
Kemper Corp.		883		26,737
Loews Corp.		4,077		162,550
Protective Life Corp.		1,197		35,455
Reinsurance Group of America, Inc.		1,251		74,397
Symetra Financial Corp.		1,872		21,584
Torchmark Corp.		1,571		78,314
Travelers Cos., Inc. (The)		7,122		421,623
Unum Group		4,510		110,405
W.R. Berkley Corp.		1,892		68,339

Total Insurance				1,744,454
Internet Software & Services – 0.0%
Ancestry.com, Inc.^*(a)		136		3,093
IT Services – 0.6%
CACI International, Inc. Class A^*		276		17,192
Convergys Corp.^*		1,488		19,865
DST Systems, Inc.		720		39,046
Fidelity National Information Services, Inc.		2,561		84,820
VeriFone Systems, Inc.^*		269		13,953

Total IT Services				174,876
Leisure Equipment & Products – 0.1%
Polaris Industries, Inc.		458		33,045
Machinery – 5.0%
Actuant Corp. Class A		535		15,510
AGCO Corp.^*		605		28,562
Caterpillar, Inc.		3,374		359,399
Chart Industries, Inc.^*		54		3,960
Crane Co.		473		22,941
Cummins, Inc.		1,236		148,369
Deere & Co.		3,086		249,657
Dover Corp.		1,472		92,648
Eaton Corp.		2,433		121,236
Gardner Denver, Inc.		322		20,292
Joy Global, Inc.		690		50,715
Kennametal, Inc.		615		27,386
Lincoln Electric Holdings, Inc.		448		20,303
Middleby Corp.		102		10,320
Mueller Industries, Inc.		219		9,954

Parker Hannifin Corp.		1,236	$	104,504
Robbins & Myers, Inc.		128		6,662
Snap-On, Inc.		458		27,924
SPX Corp.		445		34,501
Stanley Black & Decker, Inc.		1,331		102,434
Timken Co. (The)		784		39,780
Trinity Industries, Inc.		289		9,523
WABCO Holdings, Inc.^*		370		22,378
Wabtec Corp.		252		18,993
Watts Water Technologies, Inc. Class A		332		13,529

Total Machinery				1,561,480
Media – 5.6%
CBS Corp. Class B		4,269		144,762
Comcast Corp. Class A		20,184		605,722
Interpublic Group of Cos., Inc. (The)		2,720		31,035
News Corp. Class A		26,399		519,796
Time Warner Cable, Inc.		2,501		203,831
Viacom, Inc. Class B		5,043		239,341

Total Media				1,744,487
Metals & Mining – 0.2%
Globe Specialty Metals, Inc.		180		2,677
Reliance Steel & Aluminum Co.		482		27,223
Schnitzer Steel Industries, Inc. Class A		174		6,942
SunCoke Energy, Inc.^*		396		5,627
Worthington Industries, Inc.		547		10,491

Total Metals & Mining				52,960
Multiline Retail – 1.7%
Big Lots, Inc.^*		692		29,770
Dillard’s, Inc. Class A		566		35,669
Dollar General Corp.^*		2,672		123,446
Dollar Tree, Inc.^*		992		93,734
Family Dollar Stores, Inc.		958		60,622
Macy’s, Inc.		4,987		198,134

Total Multiline Retail				541,375
Multi-Utilities – 1.3%
Alliant Energy Corp.		1,062		46,006
Ameren Corp.		3,430		111,749
Avista Corp.		571		14,606
CenterPoint Energy, Inc.		3,371		66,476
CMS Energy Corp.		2,385		52,470
NiSource, Inc.		2,797		68,107
OGE Energy Corp.		786		42,051

Total Multi-Utilities				401,465
Office Electronics – 0.4%
Xerox Corp.		14,748		119,164
Oil, Gas & Consumable Fuels – 29.2%
Chevron Corp.		24,685		2,647,219
ConocoPhillips		13,465		1,023,475
CVR Energy, Inc.^*		164		4,387
El Paso Corp.		6,578		194,380
Exxon Mobil Corp.		48,707		4,224,358
Gulfport Energy Corp.^*		168		4,892

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			57

Schedule of Investments (concluded)

WisdomTree LargeCap Value Fund (EZY)

March 31, 2012


Investments	Shares		Value

Hess Corp.		4,063	$	239,514
HollyFrontier Corp.		422		13,567
Marathon Oil Corp.		7,071		224,151
Marathon Petroleum Corp.		3,506		152,020
Murphy Oil Corp.		1,465		82,436
Sunoco, Inc.		747		28,498
Williams Cos., Inc. (The)		5,235		161,290
World Fuel Services Corp.		546		22,386
WPX Energy, Inc.^*		1,744		31,410

Total Oil, Gas & Consumable Fuels				9,053,983
Paper & Forest Products – 0.7%
International Paper Co.		4,662		163,636
MeadWestvaco Corp.		1,394		44,037

Total Paper & Forest Products				207,673
Pharmaceuticals – 0.5%
Endo Pharmaceuticals Holdings, Inc.^*		895		34,663
Impax Laboratories, Inc.^*		1,183		29,078
Viropharma, Inc.^*		829		24,928
Watson Pharmaceuticals, Inc.^*		816		54,721

Total Pharmaceuticals				143,390
Road & Rail – 0.9%
AMERCO		201		21,208
Avis Budget Group, Inc.^*		971		13,740
CSX Corp.		8,374		180,208
Dollar Thrifty Automotive Group, Inc.^*		286		23,140
Genesee & Wyoming, Inc. Class A^*		205		11,189
Old Dominion Freight Line, Inc.^*		268		12,776
Ryder System, Inc.		353		18,638

Total Road & Rail				280,899
Semiconductors & Semiconductor Equipment – 0.8%
Cirrus Logic, Inc.^*		629		14,970
Cymer, Inc.^*		224		11,200
Diodes, Inc.^*		279		6,467
GT Advanced Technologies, Inc.^*		2,136		17,665
Micron Technology, Inc.^*		15,507		125,607
MKS Instruments, Inc.		563		16,625
RF Micro Devices, Inc.^*		3,021		15,045
Skyworks Solutions, Inc.^*		810		22,396
TriQuint Semiconductor, Inc.^*		2,105		14,514

Total Semiconductors & Semiconductor Equipment				244,489
Software – 0.0%
TIBCO Software, Inc.^*		402		12,261
Specialty Retail – 1.9%
Advance Auto Parts, Inc.		726		64,302
ANN, Inc.^*		318		9,107
Ascena Retail Group, Inc.^*		721		31,955
AutoNation, Inc.^*(a)		1,043		35,785
Cabela’s, Inc.^*		693		26,438
CarMax, Inc.^*		1,519		52,633
Dick’s Sporting Goods, Inc.		647		31,108
DSW, Inc. Class A		335		18,348
Foot Locker, Inc.		1,183		36,732
GameStop Corp. Class A^(a)		2,188		47,786

JOS A Bank Clothiers, Inc.^*		195	$	9,830
O’Reilly Automotive, Inc.^*		1,036		94,639
Penske Automotive Group, Inc.		775		19,088
Rent-A-Center, Inc.		761		28,728
Tractor Supply Co.		366		33,145
Ulta Salon Cosmetics & Fragrance, Inc.		215		19,971
Williams-Sonoma, Inc.		629		23,575

Total Specialty Retail				583,170
Textiles, Apparel & Luxury Goods – 0.8%
Deckers Outdoor Corp.^*(a)		234		14,754
Fossil, Inc.^*		364		48,041
PVH Corp.		714		63,781
Ralph Lauren Corp.		628		109,479
Steven Madden Ltd.^*		281		12,013
Under Armour, Inc. Class A^*		111		10,434

Total Textiles, Apparel & Luxury Goods				258,502
Trading Companies & Distributors – 0.1%
Applied Industrial Technologies, Inc.		417		17,151
GATX Corp.		233		9,390
WESCO International, Inc.^*		281		18,352

Total Trading Companies & Distributors				44,893
Water Utilities – 0.1%
American Water Works Co., Inc.		1,279		43,524
Wireless Telecommunication Services – 0.1%
MetroPCS Communications, Inc.^*		2,598		23,434
TOTAL COMMON STOCKS (Cost: $27,188,556)				30,816,970
EXCHANGE-TRADED FUNDS – 0.6%
WisdomTree Earnings 500 Fund^(a)(b)		2,650		130,986
WisdomTree MidCap Earnings Fund^(b)		912		55,842

TOTAL EXCHANGE-TRADED FUNDS (Cost: $167,439)				186,828
SHORT-TERM INVESTMENT – 0.0%
MONEY MARKET FUND – 0.0%
Invesco Treasury Fund Private Class, 0.02%^(c) (Cost: $574)		574		574
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.6%
MONEY MARKET FUND – 0.6%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(c)
(Cost: $195,089)^(d)		195,089		195,089
TOTAL INVESTMENTS IN SECURITIES – 100.6% (Cost: $27,551,658)				31,199,461
Liabilities in Excess of Other Assets – (0.6)%				(184,004	)

NET ASSETS – 100.0%			$	31,015,457

^*	Non-income producing security.

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Affiliated company (See Note 7).

^(c)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(d)	At March 31, 2012, the total market value of the Fund’s securities on loan was $190,055 and the total market value of the collateral held by the Fund was $195,089.

See Notes to Financial Statements.


58		WisdomTree Domestic and International Earnings Funds

Schedule of Investments

WisdomTree LargeCap Growth Fund (ROI)

March 31, 2012


Investments	Shares		Value

UNITED STATES – 100.8%
COMMON STOCKS – 99.9%
Aerospace & Defense – 0.3%
Cubic Corp.		126	$	5,957
HEICO Corp.		109		5,623
TransDigm Group, Inc.^*		232		26,857
Triumph Group, Inc.		306		19,174

Total Aerospace & Defense				57,611
Air Freight & Logistics – 0.3%
Atlas Air Worldwide Holdings, Inc.^*		206		10,137
C.H. Robinson Worldwide, Inc.		462		30,257
Expeditors International of Washington, Inc.		606		28,185

Total Air Freight & Logistics				68,579
Airlines – 0.1%
Alaska Air Group, Inc.^*		774		27,725
Auto Components – 0.6%
BorgWarner, Inc.^*		488		41,158
Cooper Tire & Rubber Co.		479		7,290
Gentex Corp.		439		10,756
TRW Automotive Holdings Corp.^*		1,502		69,768

Total Auto Components				128,972
Automobiles – 0.0%
Thor Industries, Inc.		268		8,458
Beverages – 3.7%
Coca-Cola Enterprises, Inc.		2,375		67,925
Monster Beverage Corp.^*		594		36,881
PepsiCo, Inc.		9,702		643,727

Total Beverages				748,533
Biotechnology – 0.7%
Alexion Pharmaceuticals, Inc.^*		167		15,508
Celgene Corp.^*		1,463		113,411
United Therapeutics Corp.^*		138		6,504

Total Biotechnology				135,423
Building Products – 0.4%
Owens Corning^*		2,345		84,490
Capital Markets – 2.7%
Affiliated Managers Group, Inc.^*		115		12,858
Ameriprise Financial, Inc.		1,689		96,493
BlackRock, Inc.		974		199,573
Franklin Resources, Inc.		1,129		140,030
Raymond James Financial, Inc.		619		22,612
Stifel Financial Corp.^*		397		15,022
T. Rowe Price Group, Inc.		884		57,725
Waddell & Reed Financial, Inc. Class A		347		11,246

Total Capital Markets				555,559
Chemicals – 3.4%
Albemarle Corp.		514		32,855
Cabot Corp.		461		19,675
Celanese Corp. Series A		1,065		49,182
CF Industries Holdings, Inc.		399		72,877
E.I. du Pont de Nemours & Co.		5,162		273,070

Eastman Chemical Co.		1,042	$	53,861
Mosaic Co. (The)		1,803		99,688
NewMarket Corp.		102		19,115
PolyOne Corp.		1,181		17,006
Rockwood Holdings, Inc.^*		442		23,050
Solutia, Inc.		688		19,223
Westlake Chemical Corp.		321		20,798

Total Chemicals				700,400
Commercial Banks – 0.1%
Signature Bank^*		159		10,023
SVB Financial Group^*		146		9,394

Total Commercial Banks				19,417
Commercial Services & Supplies – 0.3%
Clean Harbors, Inc.^*		228		15,351
Deluxe Corp.		447		10,469
Herman Miller, Inc.		238		5,464
Portfolio Recovery Associates, Inc.^*		78		5,594
Steelcase, Inc. Class A		396		3,802
Stericycle, Inc.^*		218		18,234

Total Commercial Services & Supplies				58,914
Communications Equipment – 0.7%
Acme Packet, Inc.^*		57		1,569
ADTRAN, Inc.		240		7,486
EchoStar Corp. Class A^*		490		13,789
F5 Networks, Inc.^*		164		22,133
InterDigital, Inc.		297		10,353
Juniper Networks, Inc.^*		1,473		33,702
Loral Space & Communications, Inc.^*		568		45,213
Polycom, Inc.^*		290		5,530
Riverbed Technology, Inc.^*		115		3,229

Total Communications Equipment				143,004
Computers & Peripherals – 14.6%
Apple, Inc.^*		4,352		2,608,894
EMC Corp.^*		6,671		199,330
NCR Corp.^*		669		14,524
NetApp, Inc.^*		1,127		50,456
SanDisk Corp.^*		2,471		122,537

Total Computers & Peripherals				2,995,741
Construction & Engineering – 0.0%
MasTec, Inc.^*		395		7,146
Consumer Finance – 0.1%
Credit Acceptance Corp.^*		199		20,101
Ezcorp, Inc. Class A^*		335		10,872

Total Consumer Finance				30,973
Containers & Packaging – 0.6%
Ball Corp.		1,316		56,430
Bemis Co., Inc.		609		19,665
Greif, Inc. Class A		396		22,144
Rock-Tenn Co. Class A		293		19,795

Total Containers & Packaging				118,034

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			59

Schedule of Investments (continued)

WisdomTree LargeCap Growth Fund (ROI)

March 31, 2012


Investments	Shares		Value

Diversified Consumer Services – 0.1%
Coinstar, Inc.^*(a)		143	$	9,088
Sotheby’s		297		11,684

Total Diversified Consumer Services				20,772
Diversified Financial Services – 0.7%
Leucadia National Corp.		4,734		123,558
MSCI, Inc. Class A^*		319		11,742

Total Diversified Financial Services				135,300
Diversified Telecommunication Services – 0.7%
CenturyLink, Inc.		2,360		91,214
Frontier Communications Corp.^(a)		3,107		12,956
Windstream Corp.		2,787		32,636

Total Diversified Telecommunication Services				136,806
Electric Utilities – 0.1%
Cleco Corp.		271		10,745
Electrical Equipment – 0.7%
AMETEK, Inc.		576		27,942
EnerSys^*		273		9,459
General Cable Corp.^*		196		5,700
GrafTech International Ltd.^*		782		9,337
II-VI, Inc.^*		250		5,913
Polypore International, Inc.^*(a)		96		3,375
Rockwell Automation, Inc.		486		38,734
Roper Industries, Inc.		338		33,516

Total Electrical Equipment				133,976
Electronic Equipment, Instruments & Components – 1.3%
Amphenol Corp. Class A		832		49,729
Arrow Electronics, Inc.^*		1,059		44,446
Avnet, Inc.^*		1,514		55,095
IPG Photonics Corp.^*		86		4,476
Jabil Circuit, Inc.		1,465		36,801
Molex, Inc.		1,018		28,626
National Instruments Corp.		296		8,442
Trimble Navigation Ltd.^*		194		10,557
TTM Technologies, Inc.^*		416		4,780
Vishay Intertechnology, Inc.^*		1,789		21,754

Total Electronic Equipment, Instruments & Components				264,706
Energy Equipment & Services – 2.0%
Baker Hughes, Inc.		1,234		51,754
CARBO Ceramics, Inc.^(a)		55		5,800
Halliburton Co.		3,525		116,995
Helmerich & Payne, Inc.		433		23,360
Lufkin Industries, Inc.		45		3,629
National Oilwell Varco, Inc.		2,004		159,258
Oil States International, Inc.^*		216		16,861
SEACOR Holdings, Inc.^*		236		22,604
Superior Energy Services, Inc.^*		327		8,620

Total Energy Equipment & Services				408,881

Food & Staples Retailing – 0.2%
United Natural Foods, Inc.^*		149	$	6,952
Whole Foods Market, Inc.		380		31,616

Total Food & Staples Retailing				38,568
Food Products – 0.2%
Corn Products International, Inc.		466		26,865
Darling International, Inc.^*		325		5,662
Green Mountain Coffee Roasters, Inc.^*(a)		141		6,604

Total Food Products				39,131
Gas Utilities – 0.2%
ONEOK, Inc.		460		37,563
Health Care Equipment & Supplies – 0.4%
Cooper Cos., Inc. (The)		209		17,077
Edwards Lifesciences Corp.^*		252		18,328
Intuitive Surgical, Inc.^*		93		50,383

Total Health Care Equipment & Supplies				85,788
Health Care Providers & Services – 1.9%
AMERIGROUP Corp.^*		378		25,432
Catalyst Health Solutions, Inc.^*		135		8,604
Express Scripts Holding Co.^*		2,056		111,394
Health Management Associates, Inc. Class A^*		1,376		9,247
HMS Holdings Corp.^*		152		4,744
Humana, Inc.		1,573		145,470
Tenet Healthcare Corp.^*		15,888		84,365

Total Health Care Providers & Services				389,256
Health Care Technology – 0.0%
Allscripts Healthcare Solutions, Inc.^*		126		2,092
athenahealth, Inc.^*(a)		31		2,298
Quality Systems, Inc.		116		5,072

Total Health Care Technology				9,462
Hotels, Restaurants & Leisure – 1.8%
Chipotle Mexican Grill, Inc.^*		57		23,826
Panera Bread Co. Class A^*		78		12,552
Starbucks Corp.		2,665		148,947
Vail Resorts, Inc.		74		3,201
Wynn Resorts Ltd.		146		18,232
Yum! Brands, Inc.		2,159		153,677

Total Hotels, Restaurants & Leisure				360,435
Household Durables – 0.1%
Tempur-Pedic International, Inc.^*		240		20,263
Household Products – 0.3%
Clorox Co. (The)		798		54,863
Industrial Conglomerates – 0.1%
Seaboard Corp.^*		11		21,461
Internet & Catalog Retail – 0.9%
Amazon.com, Inc.^*		555		112,393
Netflix, Inc.^*		58		6,672
priceline.com, Inc.^*		92		66,010
Shutterfly, Inc.^*		27		846

Total Internet & Catalog Retail				185,921

See Notes to Financial Statements.


60		WisdomTree Domestic and International Earnings Funds

Schedule of Investments (continued)

WisdomTree LargeCap Growth Fund (ROI)

March 31, 2012


Investments	Shares		Value

Internet Software & Services – 0.1%
Ancestry.com, Inc.^*(a)		104	$	2,365
OpenTable, Inc.^*(a)		13		526
Rackspace Hosting, Inc.^*		92		5,317
VeriSign, Inc.		204		7,821

Total Internet Software & Services				16,029
IT Services – 1.5%
Cognizant Technology Solutions Corp. Class A^*		805		61,945
DST Systems, Inc.		465		25,217
Fidelity National Information Services, Inc.		1,712		56,701
Gartner, Inc.^*		226		9,637
Jack Henry & Associates, Inc.		345		11,771
Syntel, Inc.		192		10,752
Teradata Corp.^*		529		36,051
VeriFone Systems, Inc.^*		185		9,596
Western Union Co. (The)		4,071		71,650
Wright Express Corp.^*		147		9,515

Total IT Services				302,835
Leisure Equipment & Products – 0.1%
Polaris Industries, Inc.		299		21,573
Life Sciences Tools & Services – 0.6%
Agilent Technologies, Inc.		1,714		76,291
Bruker Corp.^*		479		7,333
Illumina, Inc.^*(a)		162		8,523
Mettler-Toledo International, Inc.^*(a)		119		21,985

Total Life Sciences Tools & Services				114,132
Machinery – 4.8%
Caterpillar, Inc.		2,240		238,606
Chart Industries, Inc.^*		46		3,373
Cummins, Inc.		821		98,553
Deere & Co.		2,039		164,955
Donaldson Co., Inc.		622		22,224
Dover Corp.		982		61,807
Gardner Denver, Inc.		206		12,982
Graco, Inc.		206		10,930
Joy Global, Inc.		450		33,075
Kennametal, Inc.		392		17,456
Lincoln Electric Holdings, Inc.		309		14,004
Middleby Corp.^*		74		7,487
Mueller Industries, Inc.		155		7,045
Nordson Corp.		295		16,080
Oshkosh Corp.^*		2,049		47,475
PACCAR, Inc.		802		37,558
Parker Hannifin Corp.		825		69,754
Robbins & Myers, Inc.		94		4,893
Stanley Black & Decker, Inc.		889		68,417
Timken Co. (The)		523		26,537
WABCO Holdings, Inc.^*		253		15,301
Wabtec Corp.		158		11,908

Total Machinery				990,420
Marine – 0.0%
Alexander & Baldwin, Inc.		85		4,118

Media – 0.7%
CBS Corp. Class B		2,838	$	96,237
Scripps Networks Interactive, Inc. Class A		793		38,611

Total Media				134,848
Metals & Mining – 2.5%
Allegheny Technologies, Inc.		94		3,870
Allied Nevada Gold Corp.^*		78		2,537
Cliffs Natural Resources, Inc.		928		64,273
Compass Minerals International, Inc.		149		10,689
Freeport-McMoRan Copper & Gold, Inc.		7,322		278,529
Globe Specialty Metals, Inc.		139		2,067
Hecla Mining Co.^(a)		335		1,548
Royal Gold, Inc.		86		5,609
Schnitzer Steel Industries, Inc. Class A		124		4,947
Southern Copper Corp.		3,732		118,342
SunCoke Energy, Inc.^*		254		3,609
Walter Energy, Inc.		260		15,395

Total Metals & Mining				511,415
Multiline Retail – 0.4%
Dillard’s, Inc. Class A		364		22,939
Dollar Tree, Inc.^*		663		62,647

Total Multiline Retail				85,586
Multi-Utilities – 0.1%
OGE Energy Corp.		521		27,874
Office Electronics – 0.0%
Zebra Technologies Corp. Class A^*		240		9,883
Oil, Gas & Consumable Fuels – 28.0%
Alpha Natural Resources, Inc.^*		193		2,936
Arch Coal, Inc.		322		3,449
Berry Petroleum Co. Class A		46		2,168
Chevron Corp.		16,314		1,749,513
Concho Resources, Inc.^*		166		16,945
ConocoPhillips		8,898		676,337
Continental Resources, Inc.^*		218		18,709
CVR Energy, Inc.		128		3,424
El Paso Corp.		4,362		128,897
EOG Resources, Inc.		125		13,888
Exxon Mobil Corp.		32,199		2,792,618
Gulfport Energy Corp.^*		126		3,669
HollyFrontier Corp.		290		9,324
Marathon Oil Corp.		4,670		148,039
Marathon Petroleum Corp.		2,354		102,069
Northern Oil and Gas, Inc.^*		23		477
Peabody Energy Corp.		1,075		31,132
Sunoco, Inc.		480		18,312
World Fuel Services Corp.		344		14,104

Total Oil, Gas & Consumable Fuels				5,736,010
Personal Products – 0.4%
Estee Lauder Cos., Inc. (The) Class A		1,306		80,894

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			61

Schedule of Investments (continued)

WisdomTree LargeCap Growth Fund (ROI)

March 31, 2012


Investments	Shares		Value

Pharmaceuticals – 7.0%
Endo Pharmaceuticals Holdings, Inc.^*		608	$	23,548
Impax Laboratories, Inc.^*		800		19,664
Merck & Co., Inc.		33,764		1,296,538
Perrigo Co.		309		31,923
Viropharma, Inc.^*		576		17,320
Watson Pharmaceuticals, Inc.^*		547		36,682

Total Pharmaceuticals				1,425,675
Professional Services – 0.1%
Corporate Executive Board Co. (The)		115		4,946
IHS, Inc. Class A^*		163		15,265

Total Professional Services				20,211
Real Estate Investment Trusts (REITs) – 0.0%
Entertainment Properties Trust		198		9,183
Real Estate Management & Development – 0.1%
CBRE Group, Inc. Class A^*		730		14,571
Road & Rail – 2.4%
AMERCO		147		15,510
Avis Budget Group, Inc.^*		668		9,452
CSX Corp.		5,517		118,726
Dollar Thrifty Automotive Group, Inc.^*		209		16,910
Genesee & Wyoming, Inc. Class A^*		143		7,805
Kansas City Southern^*		406		29,106
Old Dominion Freight Line, Inc.^*		191		9,105
Union Pacific Corp.		2,584		277,729

Total Road & Rail				484,343
Semiconductors & Semiconductor Equipment – 4.9%
Altera Corp.		1,608		64,031
Amkor Technology, Inc.^*(a)		3,500		21,508
Analog Devices, Inc.		1,872		75,629
Applied Materials, Inc.		8,777		109,186
Broadcom Corp. Class A^*		2,627		103,241
Cirrus Logic, Inc.^*		441		10,496
Cymer, Inc.^*		157		7,850
Diodes, Inc.^*		197		4,566
First Solar, Inc.^*(a)		407		10,195
GT Advanced Technologies, Inc.^*		1,363		11,272
Hittite Microwave Corp.^*		107		5,811
Maxim Integrated Products, Inc.		1,654		47,288
Microchip Technology, Inc.^(a)		888		33,034
Micron Technology, Inc.^*		10,389		84,151
Microsemi Corp.^*		291		6,239
MKS Instruments, Inc.		388		11,458
ON Semiconductor Corp.^*		2,977		26,823
RF Micro Devices, Inc.^*		1,922		9,572
Semtech Corp.^*		280		7,969
Skyworks Solutions, Inc.^*		553		15,290
SunPower Corp.^*(a)		455		2,903
Texas Instruments, Inc.		7,996		268,745
TriQuint Semiconductor, Inc.^*		1,435		9,894
Xilinx, Inc.		1,801		65,610

Total Semiconductors & Semiconductor Equipment				1,012,761

Software – 3.9%
Ariba, Inc.^*		58	$	1,897
Autodesk, Inc.^*		454		19,213
Citrix Systems, Inc.^*		325		25,646
CommVault Systems, Inc.^*		49		2,432
Fortinet, Inc.^*		176		4,866
Informatica Corp.^*		149		7,882
MICROS Systems, Inc.^*		222		12,274
MicroStrategy, Inc. Class A^*		28		3,920
Oracle Corp.		22,123		645,108
Red Hat, Inc.^*		214		12,816
Salesforce.com, Inc.^*		42		6,489
SolarWinds, Inc.^*		169		6,532
Synchronoss Technologies, Inc.^*		32		1,021
TIBCO Software, Inc.^*		283		8,632
VMware, Inc. Class A^*		364		40,903

Total Software				799,631
Specialty Retail – 0.7%
Advance Auto Parts, Inc.		480		42,513
AutoNation, Inc.^*(a)		689		23,640
Dick’s Sporting Goods, Inc.		411		19,761
DSW, Inc. Class A		215		11,776
Tractor Supply Co.		233		21,100
Ulta Salon Cosmetics & Fragrance, Inc.^*		134		12,447
Williams-Sonoma, Inc.		429		16,079

Total Specialty Retail				147,316
Textiles, Apparel & Luxury Goods – 1.0%
Deckers Outdoor Corp.^*(a)		147		9,268
Fossil, Inc.^*		237		31,279
Hanesbrands, Inc.^*		724		21,387
Iconix Brand Group, Inc.^*		345		5,996
PVH Corp.		465		41,538
Ralph Lauren Corp.		417		72,697
Steven Madden Ltd.^*		199		8,507
Under Armour, Inc. Class A^*(a)		85		7,990

Total Textiles, Apparel & Luxury Goods				198,662
Trading Companies & Distributors – 0.2%
MSC Industrial Direct Co. Class A		204		16,989
Watsco, Inc.		101		7,478
WESCO International, Inc.^*		175		11,429

Total Trading Companies & Distributors				35,896
Wireless Telecommunication Services – 0.1%
MetroPCS Communications, Inc.^*		1,747		15,758
TOTAL COMMON STOCKS (Cost: $18,428,212)				20,442,500

See Notes to Financial Statements.


62		WisdomTree Domestic and International Earnings Funds

Schedule of Investments (concluded)

WisdomTree LargeCap Growth Fund (ROI)

March 31, 2012


Investments	Shares		Value

INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.9%
MONEY MARKET FUND – 0.9%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(b) (Cost: $176,644)^(c)		176,644	$	176,644
TOTAL INVESTMENTS IN SECURITIES – 100.8% (Cost: $18,604,856)				20,619,144
Liabilities in Excess of Other Assets – (0.8)%				(158,406	)

NET ASSETS – 100.0%			$	20,460,738

^*	Non-income producing security.

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(c)	At March 31, 2012, the total market value of the Fund’s securities on loan was $172,254 and the total market value of the collateral held by the Fund was $176,644.

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			63

Schedule of Investments

WisdomTree India Earnings Fund (EPI) (consolidated)

March 31, 2012


Investments	Shares		Value

INDIA – 99.8%
COMMON STOCKS – 99.8%
Aerospace & Defense – 0.2%
Bharat Electronics Ltd.		65,903	$	1,972,562
Auto Components – 0.6%
Amtek Auto Ltd.		648,171		1,691,517
Bharat Forge Ltd.		288,913		1,815,028
Exide Industries Ltd.		688,483		2,016,325

Total Auto Components				5,522,870
Automobiles – 8.8%
Bajaj Auto Ltd.		224,194		7,387,906
Hero Motocorp Ltd.		152,250		6,142,150
Mahindra & Mahindra Ltd.		817,922		11,241,711
Maruti Suzuki India Ltd.		228,857		6,066,766
Tata Motors Ltd.		9,289,415		50,189,645

Total Automobiles				81,028,178
Building Products – 0.2%
Sintex Industries Ltd.		1,137,449		1,925,704
Capital Markets – 0.2%
Future Capital Holdings Ltd.		61,958		146,610
India Infoline Ltd.^*		1,091,246		1,433,003
JM Financial Ltd.		519,032		158,934

Total Capital Markets				1,738,547
Chemicals – 1.1%
Asian Paints Ltd.		38,166		2,428,779
Coromandel International Ltd.		280,253		1,560,384
Gujarat Narmada Valley Fertilizers Co., Ltd.		29		46
Gujarat State Fertilisers & Chemicals Ltd.		217,613		1,808,779
Tata Chemicals Ltd.		286,449		1,949,113
United Phosphorus Ltd.		927,482		2,368,543

Total Chemicals				10,115,644
Commercial Banks – 17.1%
Allahabad Bank		782,487		2,857,625
Andhra Bank		1,432,437		3,350,179
Axis Bank Ltd.		639,026		14,377,301
Bank of Baroda		461,885		7,218,171
Bank of India		726,902		5,174,424
Canara Bank		827,559		7,728,974
Central Bank of India		1,156,182		2,288,762
Corp. Bank		275,837		2,300,040
Dena Bank Ltd.		953,778		1,685,891
Federal Bank Ltd.		352,958		2,954,884
HDFC Bank Ltd.		1,806,198		18,430,700
ICICI Bank Ltd.		1,519,610		26,553,280
IDBI Bank Ltd.		1,556,762		3,199,391
Indian Bank		800,289		3,832,967
Indian Overseas Bank		1,103,278		2,042,185
IndusInd Bank Ltd.		598,716		3,780,096
Jammu & Kashmir Bank Ltd.		158,381		2,857,045
Karnataka Bank Ltd.		747,485		1,403,414
Oriental Bank of Commerce		487,575		2,418,016
Punjab & Sind Bank		123,180		181,343
Punjab National Bank		213,780		3,881,568

South Indian Bank Ltd.		4,218,813	$	2,045,435
State Bank of India		491,850		20,239,273
Syndicate Bank		1,230,915		2,683,151
UCO Bank		1,438,649		2,235,137
Union Bank of India Ltd.		1,043,243		4,828,672
United Bank of India Ltd.		131,606		186,643
Vijaya Bank Ltd.		1,184,465		1,358,955
Yes Bank Ltd.		622,466		4,506,143

Total Commercial Banks				156,599,665
Construction & Engineering – 1.6%
Era Infra Engineering Ltd.		493,985		1,334,715
IRB Infrastructure Developers Ltd.		420,492		1,542,230
Lanco Infratech Ltd.^*		4,142,192		1,479,790
Larsen & Toubro Ltd.		288,044		7,401,111
NCC Ltd.		1,559,021		1,724,425
Voltas Ltd.		629,565		1,387,156

Total Construction & Engineering				14,869,427
Construction Materials – 1.6%
ACC Ltd.		112,953		3,014,112
Ambuja Cements Ltd.		1,355,761		4,582,629
Grasim Industries Ltd.		59,892		3,088,415
Ultratech Cement Ltd.		133,354		3,964,497

Total Construction Materials				14,649,653
Consumer Finance – 0.9%
Mahindra & Mahindra Financial Services Ltd.		164,154		2,160,150
Manappuram Finance Ltd.		1,639,375		979,860
Shriram Transport Finance Co., Ltd.		439,301		5,180,293
SKS Microfinance Ltd.^*		111,843		259,932

Total Consumer Finance				8,580,235
Containers & Packaging – 0.2%
Uflex Ltd.		903,146		2,037,818
Diversified Consumer Services – 0.1%
Educomp Solutions Ltd.		235,486		892,346
Diversified Financial Services – 3.2%
Bajaj Holdings and Investment Ltd.		352,257		5,636,319
Indiabulls Financial Services Ltd.		1,303,159		5,297,561
Kotak Mahindra Bank Ltd.		570,226		6,104,088
Reliance Capital Ltd.		228,636		1,761,051
Rural Electrification Corp., Ltd.		2,329,114		9,390,519
SREI Infrastructure Finance Ltd.		1,516,530		773,968

Total Diversified Financial Services				28,963,506
Diversified Telecommunication Services – 0.1%
Tulip Telecom Ltd.		445,106		804,677
Electric Utilities – 2.6%
CESC Ltd.		286,895		1,530,069
Indiabulls Infrastructure and Power Ltd.^*^†		2,455,942		373,398
Power Grid Corp. of India Ltd.		2,785,848		5,914,014
Reliance Infrastructure Ltd.		661,055		7,620,072
Tata Power Co., Ltd.		3,267,433		6,474,578
Torrent Power Ltd.		506,903		2,007,413

Total Electric Utilities				23,919,544

See Notes to Financial Statements.


64		WisdomTree Domestic and International Earnings Funds

Schedule of Investments (continued)

WisdomTree India Earnings Fund (EPI) (consolidated)

March 31, 2012


Investments	Shares		Value

Electrical Equipment – 1.2%
Bharat Heavy Electricals Ltd.		1,783,613	$	9,002,966
Crompton Greaves Ltd.		713,104		1,933,058

Total Electrical Equipment				10,936,024
Food Products – 0.6%
Balrampur Chini Mills Ltd.		1,359,518		1,527,773
Nestle India Ltd.		21,747		1,976,675
Shree Renuka Sugars Ltd.		2,823,618		1,748,653

Total Food Products				5,253,101
Gas Utilities – 0.9%
GAIL India Ltd.		954,287		7,047,806
Gujarat State Petronet Ltd.		613,391		921,080

Total Gas Utilities				7,968,886
Health Care Equipment & Supplies – 0.2%
Opto Circuits India Ltd.		471,686		1,865,632
Household Products – 1.2%
Hindustan Unilever Ltd.		1,355,032		10,906,485
Independent Power Producers & Energy Traders – 1.9%
Adani Power Ltd.^*		626,850		842,855
GVK Power & Infrastructure Ltd.^*		1,293,252		441,704
JSW Energy Ltd.		1,885,031		2,268,179
NHPC Ltd.		5,631,539		2,177,668
NTPC Ltd.		3,600,400		11,501,916

Total Independent Power Producers & Energy Traders				17,232,322
Industrial Conglomerates – 1.3%
Aditya Birla Nuvo Ltd.		106,915		1,982,371
Jaiprakash Associates Ltd.		5,060,874		8,116,074
Siemens Ltd.		105,195		1,568,272

Total Industrial Conglomerates				11,666,717
Insurance – 0.3%
Bajaj Finserv Ltd.		227,640		2,732,395
IT Services – 12.0%
Core Education & Technologies Ltd.		205,519		1,136,617
HCL Technologies Ltd.		461,806		4,380,562
Infosys Ltd.		1,172,328		65,958,264
Mphasis Ltd.		446,281		3,548,698
Rolta India Ltd.		434,571		800,986
Tata Consultancy Services Ltd.		894,197		20,515,015
Tech Mahindra Ltd.		106,811		1,511,120
Wipro Ltd.		1,397,407		12,071,819

Total IT Services				109,923,081
Life Sciences Tools & Services – 0.2%
Divi’s Laboratories Ltd.		103,106		1,550,385
Machinery – 0.4%
Ashok Leyland Ltd.		3,296,319		1,963,751
Cummins India Ltd.		181,963		1,769,447

Total Machinery				3,733,198
Marine – 0.1%
Shipping Corp. of India Ltd.		1,055,704		1,285,827

Media – 0.6%
Sun TV Network Ltd.		332,300	$	1,983,885
Zee Entertainment Enterprises Ltd.		1,365,281		3,396,789

Total Media				5,380,674
Metals & Mining – 9.3%
Bhushan Steel Ltd.		357,571		2,924,018
Hexa Tradex Ltd.^*^†		182,626		125,467
Hindalco Industries Ltd.		2,911,336		7,394,776
Hindustan Zinc Ltd.		929,187		2,413,935
Jindal Saw Ltd.		940,956		3,222,098
Jindal Steel & Power Ltd.		1,171,613		12,537,144
JSW Steel Ltd.		533,972		7,561,765
MOIL Ltd.		250,116		1,228,610
National Aluminium Co., Ltd.		1,133,805		1,211,810
NMDC Ltd.		839,613		2,653,405
Sesa Goa Ltd.		2,286,114		8,736,999
Steel Authority of India Ltd.		2,669,955		4,939,508
Sterlite Industries India Ltd.		4,008,296		8,737,290
Tata Steel Ltd.		1,934,732		17,915,591
Welspun Corp., Ltd.		1,191,534		3,148,110

Total Metals & Mining				84,750,526
Oil, Gas & Consumable Fuels – 17.7%
Bharat Petroleum Corp., Ltd.		247,185		3,397,611
Cairn India Ltd.^*		2,179,689		14,285,959
Coal India Ltd.		1,158,471		7,820,162
Essar Oil Ltd.^*		1,013,898		1,067,732
Great Eastern Shipping Co., Ltd. (The)		319,639		1,533,728
Hindustan Petroleum Corp., Ltd.		481,104		2,867,076
Indian Oil Corp., Ltd.		2,113,494		10,898,319
Mangalore Refinery & Petrochemicals Ltd.		1,165,280		1,559,959
Oil & Natural Gas Corp., Ltd.		8,409,167		44,294,827
Oil India Ltd.		482,575		4,828,118
Petronet LNG Ltd.		418,896		1,381,794
Reliance Industries Ltd.		4,655,506		68,592,065

Total Oil, Gas & Consumable Fuels				162,527,350
Personal Products – 0.4%
Dabur India Ltd.		676,404		1,415,343
Godrej Consumer Products Ltd.		203,119		1,914,371

Total Personal Products				3,329,714
Pharmaceuticals – 3.4%
Aurobindo Pharma Ltd.		1,032,585		2,411,966
Cadila Healthcare Ltd.		102,818		1,530,817
Cipla Ltd.		642,607		3,848,452
Dr. Reddy’s Laboratories Ltd.		148,592		5,147,271
GlaxoSmithKline Pharmaceuticals Ltd.		33,820		1,537,849
Glenmark Pharmaceuticals Ltd.		295,240		1,793,056
Lupin Ltd.		274,012		2,847,961
Ranbaxy Laboratories Ltd.		397,256		3,660,260
Sun Pharmaceutical Industries Ltd.		767,060		8,581,527

Total Pharmaceuticals				31,359,159

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			65

Schedule of Investments (concluded)

WisdomTree India Earnings Fund (EPI) (consolidated)

March 31, 2012


Investments	Shares		Value
Real Estate Management & Development – 1.3%
DLF Ltd.		984,322	$	3,898,066
Housing Development & Infrastructure Ltd.^*		3,114,966		5,236,958
Unitech Ltd.^*		5,706,101		3,220,147

Total Real Estate Management & Development				12,355,171
Road & Rail – 0.3%
Container Corp. of India		129,507		2,427,319
Software – 0.4%
Oracle Financial Services Software Ltd.^*		62,401		3,209,527
Textiles, Apparel & Luxury Goods – 0.4%
Alok Industries Ltd.		5,321,956		2,052,732
S Kumars Nationwide Ltd.		1,833,493		1,187,659

Total Textiles, Apparel & Luxury Goods				3,240,391
Thrifts & Mortgage Finance – 3.3%
Dewan Housing Finance Corp., Ltd.		358,726		1,684,664
Housing Development Finance Corp.		2,177,864		28,783,116

Total Thrifts & Mortgage Finance				30,467,780
Tobacco – 1.2%
ITC Ltd.		2,554,862		11,378,903
Trading Companies & Distributors – 0.3%
Adani Enterprises Ltd.		467,643		2,798,331
Transportation Infrastructure – 0.3%
Adani Port and Special Economic Zone		505,603		1,285,221
Jaypee Infratech Ltd.		1,588,641		1,576,324

Total Transportation Infrastructure				2,861,545
Wireless Telecommunication Services – 2.1%
Bharti Airtel Ltd.		2,112,200		14,009,468
Idea Cellular Ltd.^*		1,025,052		1,987,931
Reliance Communications Ltd.		2,229,053		3,677,533

Total Wireless Telecommunication Services				19,674,932
TOTAL INVESTMENTS IN SECURITIES – 99.8% (Cost: $893,277,019)				914,435,751
Cash, Foreign Currency and Other Assets in Excess of Liabilities – 0.2%				1,588,328

NET ASSETS – 100.0%			$	916,024,079

^*	Non-income producing security.

^†	Security is being fair valued by a valuation committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $498,865, which represents 0.1% of net assets.

See Notes to Financial Statements.


66		WisdomTree Domestic and International Earnings Funds

Statements of Assets and Liabilities

WisdomTree Domestic and International Earnings Funds

March 31, 2012


	WisdomTree Total Earnings Fund			WisdomTree Earnings 500 Fund			WisdomTree MidCap Earnings Fund			WisdomTree SmallCap Earnings Fund			WisdomTree LargeCap Value Fund			WisdomTree LargeCap Growth Fund			WisdomTree India Earnings Fund (consolidated)
ASSETS:

Investments, at cost	$	38,811,579		$	60,885,591		$	148,264,195		$	141,749,088		$	27,384,219		$	18,604,856		$	893,277,019

Investment in affiliates, at cost (Note 7)		84,524			72,185			309,304			236,674			167,439			—			—

Foreign currency, at cost		—			—			—			—			—			—			2,061,520
Investment in securities, at value (including securities on loan)(Note 2)¹		43,402,914			69,345,075			168,770,194			159,760,889			31,012,633			20,619,144			914,435,751

Investment in affiliates, at value (Note 7)		91,512			83,955			378,776			269,473			186,828			—			—

Cash		126			—			—			—			—			4,058			186,431

Foreign currency, at value		—			—			—			—			—			—			2,062,462

Receivables:

Dividends and interest		47,173			78,678			186,053			123,992			21,075			20,795			122,316

Investment securities sold		37,477			70,147			49,854			—			—			—			2,091,752
Total Assets		43,579,202			69,577,855			169,384,877			160,154,354			31,220,536			20,643,997			918,898,712
LIABILITIES:

Due to custodian		—			—			38,292			—			—			—			—

Payables:

Collateral for securities on loan (Note 2)		543,847			299,255			10,699,894			12,980,279			195,089			176,644			—

Investment securities purchased		—			75,588			—			—			—			—			1,998,233

Advisory fees (Note 3)		9,577			16,170			50,370			46,646			9,875			6,540			547,639

Service fees (Note 2)		151			255			585			542			115			75			3,544

Other expenses		—			—			—			—			—			—			106,709

Foreign tax withholding		—			—			—			—			—			—			218,508
Total Liabilities		553,575			391,268			10,789,141			13,027,467			205,079			183,259			2,874,633
NET ASSETS	$	43,025,627		$	69,186,587		$	158,595,736		$	147,126,887		$	31,015,457		$	20,460,738		$	916,024,079
NET ASSETS:

Paid-in capital	$	44,932,805		$	80,706,096		$	155,089,664		$	149,580,912		$	38,798,925		$	18,752,737		$	1,095,906,081

Undistributed net investment income		17,903			27,480			96,368			99,439			8,589			2,180			344,964

Accumulated net realized loss on investments, forward foreign currency contracts and foreign currency related transactions		(6,523,404	)		(20,018,243	)		(17,165,767	)		(20,598,064	)		(11,439,860	)		(308,467	)		(201,396,180	)

Net unrealized appreciation on investments and translation of assets and liabilities denominated in foreign currencies		4,598,323			8,471,254			20,575,471			18,044,600			3,647,803			2,014,288			21,169,214
NET ASSETS	$	43,025,627		$	69,186,587		$	158,595,736		$	147,126,887		$	31,015,457		$	20,460,738		$	916,024,079
Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)		850,000			1,400,000			2,600,000			2,600,000			700,000			500,000			47,600,000
Net asset value per share	$	50.62		$	49.42		$	61.00		$	56.59		$	44.31		$	40.92		$	19.24

¹	Market values of securities out on loan were as follows: $530,260, $292,337, $10,419,942, $12,629,839, $190,055, $172,254 and $0, respectively.

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			67

Statements of Operations

WisdomTree Domestic and International Earnings Funds

For the Year Ended March 31, 2012


	WisdomTree Total Earnings Fund			WisdomTree Earnings 500 Fund			WisdomTree MidCap Earnings Fund			WisdomTree SmallCap Earnings Fund			WisdomTree LargeCap Value Fund			WisdomTree LargeCap Growth Fund			WisdomTree India Earnings Fund (consolidated)
INVESTMENT INCOME:

Dividends¹	$	988,880		$	1,401,847		$	1,682,959		$	2,158,429		$	605,198		$	382,454		$	17,786,385

Dividends from affiliates (Note 7)		2,245			6,435			14,566			4,950			1,980			—			—

Interest		4			11			36			38			7			—			—

Securities lending income (Note 2)		8,577			6,341			140,941			175,847			1,655			4,059			—
Total investment income		999,706			1,414,634			1,838,502			2,339,264			608,840			386,513			17,786,385
EXPENSES:

Advisory fees (Note 3)		128,191			174,606			466,483			490,548			104,209			75,335			7,255,521

Service fees (Note 2)		2,015			2,744			5,401			5,680			1,207			872			46,947

Custody and accounting		—			—			—			—			—			—			1,177,649

Printing		—			—			—			—			—			—			80,406

Interest expense (Note 8)		—			—			—			—			—			—			73,100

Professional fees		—			—			—			—			—			—			60,981

IOPV fees²		—			—			—			—			—			—			24,100

Insurance		—			—			—			—			—			—			17,206

Pricing		—			—			—			—			—			—			16,514

Listing cost		—			—			—			—			—			—			9,375

Compliance		—			—			—			—			—			—			1,915

Other		—			—			—			—			—			—			25,614
Total expenses		130,206			177,350			471,884			496,228			105,416			76,207			8,789,328
Expense reimbursements/waivers (Note 3)		(110	)		(286	)		(1,624	)		(1,657	)		(271	)		—			(663,000	)
Net expenses		130,096			177,064			470,260			494,571			105,145			76,207			8,126,328
Net investment income		869,610			1,237,570			1,368,242			1,844,693			503,695			310,306			9,660,057
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

Net realized gain (loss) from:

Investment transactions		(346,913	)		(888,032	)		(7,246,581	)		(10,625,510	)		1,136,914			(408,425	)		(93,366,945	)

Investment transactions from affiliates (Note 7)		(16,081	)		21,434			2,086			(43,076	)		11,543			24,301			—

In-kind redemptions		1,935,097			—			4,094,509			8,923,058			410,339			2,541,809			—

In-kind redemptions from affiliates (Note 7)		(293	)		—			3,105			(6,750	)		569			—			—

Forward foreign currency contracts and foreign currency related transactions		—			—			—			—			—			—			(850,335	)
Net realized gain (loss)		1,571,810			(866,598	)		(3,146,881	)		(1,752,278	)		1,559,365			2,157,685			(94,217,280	)
Net change in unrealized appreciation (depreciation) from:

Investment transactions		(513,006	)		6,228,400			8,794,120			3,999,459			113,089			(1,443,327	)		(222,870,810	)

Translation of assets and liabilities denominated in foreign currencies		—			—			—			—			—			—			9,489
Net change in unrealized appreciation (depreciation)		(513,006	)		6,228,400			8,794,120			3,999,459			113,089			(1,443,327	)		(222,861,321	)
Net realized and unrealized gain (loss) on investments		1,058,804			5,361,802			5,647,239			2,247,181			1,672,454			714,358			(317,078,601	)
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	$	1,928,414		$	6,599,372		$	7,015,481		$	4,091,874		$	2,176,149		$	1,024,664		$	(307,418,544	)

¹	Net of foreign withholding tax of $0, $0, $0, $86, $0, $0 and $550,123, respectively.

²	IOPV Fees — Indicative Optimized Portfolio Value — is the real-time estimation of net asset value of Fund.

See Notes to Financial Statements.


68		WisdomTree Domestic and International Earnings Funds

Statements of Changes in Net Assets

WisdomTree Domestic and International Earnings Funds


	WisdomTree Total Earnings Fund						WisdomTree Earnings 500 Fund						WisdomTree MidCap Earnings Fund
	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2012			For the Year Ended March 31, 2011
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

Net investment income	$	869,610		$	883,420		$	1,237,570		$	1,309,968		$	1,368,242		$	1,216,230

Net realized gain (loss) on investments		1,571,810			911,680			(866,598	)		1,840,334			(3,146,881	)		12,470,822

Net change in unrealized appreciation (depreciation) on investments		(513,006	)		5,488,680			6,228,400			4,022,685			8,794,120			6,831,357
Net increase in net assets resulting from operations		1,928,414			7,283,780			6,599,372			7,172,987			7,015,481			20,518,409
DIVIDENDS:
Net investment income		(875,900	)		(879,348	)		(1,245,174	)		(1,308,638	)		(1,297,193	)		(1,186,680	)
CAPITAL SHARE TRANSACTIONS:

Net proceeds from sales of shares		12,025,302			8,872,211			—			14,930,099			70,509,278			103,782,212

Cost of shares redeemed		(24,245,372	)		(8,872,443	)		—			(34,384,325	)		(23,377,171	)		(71,674,300	)
Net increase (decrease) in net assets resulting from capital share transactions		(12,220,070	)		(232	)		—			(19,454,226	)		47,132,107			32,107,912
Net Increase (Decrease) in Net Assets		(11,167,556	)		6,404,200			5,354,198			(13,589,877	)		52,850,395			51,439,641
NET ASSETS:

Beginning of year	$	54,193,183		$	47,788,983		$	63,832,389		$	77,422,266		$	105,745,341		$	54,305,700

End of year	$	43,025,627		$	54,193,183		$	69,186,587		$	63,832,389		$	158,595,736		$	105,745,341
Undistributed net investment income included in net assets at end of year	$	17,903		$	24,687		$	27,480		$	35,865		$	96,368		$	15,282
SHARES CREATED AND REDEEMED:

Shares outstanding, beginning of year		1,150,000			1,150,000			1,400,000			1,900,000			1,800,000			1,150,000

Shares created		250,000			200,000			—			350,000			1,250,000			2,050,000

Shares redeemed		(550,000	)		(200,000	)		—			(850,000	)		(450,000	)		(1,400,000	)
Shares outstanding, end of year		850,000			1,150,000			1,400,000			1,400,000			2,600,000			1,800,000

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			69

Statements of Changes in Net Assets (continued)

WisdomTree Domestic and International Earnings Funds


	WisdomTree SmallCap Earnings Fund						WisdomTree LargeCap Value Fund
	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2012			For the Year Ended March 31, 2011
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

Net investment income	$	1,844,693		$	1,405,428		$	503,695		$	360,482

Net realized gain (loss) on investments		(1,752,278	)		13,449,922			1,559,365			4,454,246

Net change in unrealized appreciation (depreciation) on investments		3,999,459			8,550,393			113,089			(1,467,904	)
Net increase in net assets resulting from operations		4,091,874			23,405,743			2,176,149			3,346,824
DIVIDENDS:

Net investment income		(1,778,298	)		(1,365,764	)		(506,854	)		(362,140	)
CAPITAL SHARE TRANSACTIONS:

Net proceeds from sales of shares		48,829,976			76,913,803			5,633,589			26,563,158

Cost of shares redeemed		(38,688,336	)		(59,588,233	)		(2,099,393	)		(38,899,989	)
Net increase (decrease) in net assets resulting from capital share transactions		10,141,640			17,325,570			3,534,196			(12,336,831	)
Net Increase (Decrease) in Net Assets		12,455,216			39,365,549			5,203,491			(9,352,147	)
NET ASSETS:

Beginning of year	$	134,671,671		$	95,306,122		$	25,811,966		$	35,164,113

End of year	$	147,126,887		$	134,671,671		$	31,015,457		$	25,811,966
Undistributed net investment income included in net assets at end of year	$	99,439		$	39,297		$	8,589		$	11,519
SHARES CREATED AND REDEEMED:

Shares outstanding, beginning of year		2,450,000			2,150,000			600,000			950,000

Shares created		950,000			1,500,000			150,000			700,000

Shares redeemed		(800,000	)		(1,200,000	)		(50,000	)		(1,050,000	)
Shares outstanding, end of year		2,600,000			2,450,000			700,000			600,000

See Notes to Financial Statements.


70		WisdomTree Domestic and International Earnings Funds

Statements of Changes in Net Assets (concluded)

WisdomTree Domestic and International Earnings Funds


	WisdomTree LargeCap Growth Fund						WisdomTree India Earnings Fund (consolidated)
	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2012			For the Year Ended March 31, 2011
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

Net investment income	$	310,306		$	150,850		$	9,660,057		$	4,534,984

Net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions		2,157,685			4,058,027			(94,217,280	)		(41,312,824	)

Net change in unrealized appreciation (depreciation) on investments, forward foreign currency contracts and foreign currency related transactions		(1,443,327	)		(822,362	)		(222,861,321	)		90,435,937
Net increase in net assets resulting from operations		1,024,664			3,386,515			(307,418,544	)		53,658,097
DIVIDENDS:
Net investment income		(319,110	)		(145,072	)		(8,702,508	)		(6,420,668	)
CAPITAL SHARE TRANSACTIONS:

Net proceeds from sales of shares		17,375,104			26,159,681			87,306,632			710,471,987

Cost of shares redeemed		(22,977,099	)		(26,528,509	)		(342,250,872	)		(112,152,803	)
Net increase (decrease) in net assets resulting from capital share transactions		(5,601,995	)		(368,828	)		(254,944,240	)		598,319,184
Net Increase (Decrease) in Net Assets		(4,896,441	)		2,872,615			(571,065,292	)		645,556,613
NET ASSETS:
Beginning of year	$	25,357,179		$	22,484,564		$	1,487,089,371		$	841,532,758

End of year	$	20,460,738		$	25,357,179		$	916,024,079		$	1,487,089,371
Undistributed net investment income included in net assets at end of year	$	2,180		$	11,260		$	344,964		$	—
SHARES CREATED AND REDEEMED:

Shares outstanding, beginning of year		650,000			650,000			59,800,000			36,200,000

Shares created		450,000			750,000			4,400,000			28,400,000

Shares redeemed		(600,000	)		(750,000	)		(16,600,000	)		(4,800,000	)
Shares outstanding, end of year		500,000			650,000			47,600,000			59,800,000

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			71

Financial Highlights

WisdomTree Domestic and International Earnings Funds

March 31, 2012

Selected data for a share of beneficial interest outstanding throughout the period is presented below:


WisdomTree Total Earnings Fund	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010			For the Year Ended March 31, 2009			For the Year Ended March 31, 2008
Net asset value, beginning of year	$	47.12		$	41.56		$	27.52		$	45.32		$	48.99
Investment operations:
Net investment income¹		0.88			0.77			0.70			0.87			0.85
Net realized and unrealized gain (loss)		3.58			5.55			14.03			(17.87	)		(3.56	)
Total from investment operations		4.46			6.32			14.73			(17.00	)		(2.71	)
Dividends to shareholders:
Net investment income		(0.96	)		(0.76	)		(0.69	)		(0.80	)		(0.96	)
Net asset value, end of year	$	50.62		$	47.12		$	41.56		$	27.52		$	45.32

TOTAL RETURN²		9.74	%		15.44	%		53.82	%		(37.86	)%		(5.69	)%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of year (000’s omitted)	$	43,026		$	54,193		$	47,789		$	16,511		$	15,861
Ratios to average net assets³ of:
Expenses, net of expense reimbursements		0.28	%		0.28	%		0.28	%		0.28	%		0.28	%
Expenses, prior to expense reimbursements		0.28	%		0.28	%		0.28	%		0.28	%		0.28	%
Net investment income		1.90	%		1.82	%		1.92	%		2.33	%		1.76	%
Portfolio turnover rate⁴		12	%		9	%		16	%		23	%		11	%



WisdomTree Earnings 500 Fund	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010			For the Year Ended March 31, 2009			For the Year Ended March 31, 2008
Net asset value, beginning of year	$	45.59		$	40.75		$	27.77		$	45.77		$	48.85
Investment operations:
Net investment income¹		0.88			0.77			0.68			0.91			0.94
Net realized and unrealized gain (loss)		3.84			4.84			12.98			(18.07	)		(3.18	)
Total from investment operations		4.72			5.61			13.66			(17.16	)		(2.24	)
Dividends to shareholders:
Net investment income		(0.89	)		(0.77	)		(0.68	)		(0.84	)		(0.84	)
Net asset value, end of year	$	49.42		$	45.59		$	40.75		$	27.77		$	45.77

TOTAL RETURN²		10.60	%		13.99	%		49.49	%		(37.83	)%		(4.72	)%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of year (000’s omitted)	$	69,187		$	63,832		$	77,422		$	59,714		$	54,927
Ratios to average net assets³ of:
Expenses, net of expense reimbursements		0.28	%		0.28	%		0.28	%		0.28	%		0.28	%
Expenses, prior to expense reimbursements		0.28	%		0.28	%		0.28	%		0.28	%		0.28	%
Net investment income		1.98	%		1.87	%		1.95	%		2.49	%		1.93	%
Portfolio turnover rate⁴		16	%		12	%		21	%		21	%		8	%

¹	Based on average shares outstanding.

³	The ratios to average net assets do not include net investment income (loss) or expenses of affiliated funds in which the Fund invests.

⁴	Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares.

See Notes to Financial Statements.


72		WisdomTree Domestic and International Earnings Funds

Financial Highlights (continued)

WisdomTree Domestic and International Earnings Funds

March 31, 2012

Selected data for a share of beneficial interest outstanding throughout the period is presented below:


WisdomTree MidCap Earnings Fund	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010			For the Year Ended March 31, 2009			For the Year Ended March 31, 2008
Net asset value, beginning of year	$	58.75		$	47.22		$	26.19		$	42.08		$	48.77
Investment operations:
Net investment income¹		0.62			0.73			0.61			0.54			0.81
Net realized and unrealized gain (loss)		2.20			11.50			20.92			(15.88	)		(6.90	)
Total from investment operations		2.82			12.23			21.53			(15.34	)		(6.09	)
Dividends to shareholders:
Net investment income		(0.57	)		(0.70	)		(0.50	)		(0.55	)		(0.60	)
Net asset value, end of year	$	61.00		$	58.75		$	47.22		$	26.19		$	42.08

TOTAL RETURN²		4.92	%		26.15	%		82.49	%		(36.73	)%		(12.57	)%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of year (000’s omitted)	$	158,596		$	105,745		$	54,306		$	14,406		$	25,247
Ratios to average net assets³ of:
Expenses, net of expense reimbursements		0.38	%		0.38	%		0.38	%		0.38	%		0.38	%
Expenses, prior to expense reimbursements		0.38	%		0.38	%		0.38	%		0.38	%		0.38	%
Net investment income		1.11	%		1.45	%		1.54	%		1.49	%		1.70	%
Portfolio turnover rate⁴		38	%		18	%		19	%		39	%		45	%



WisdomTree SmallCap Earnings Fund	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010			For the Year Ended March 31, 2009			For the Year Ended March 31, 2008
Net asset value, beginning of year	$	54.97		$	44.33		$	23.25		$	38.96		$	48.03
Investment operations:
Net investment income¹		0.74			0.65			0.37			0.47			0.58
Net realized and unrealized gain (loss)		1.59			10.60			20.96			(15.64	)		(9.17	)
Total from investment operations		2.33			11.25			21.33			(15.17	)		(8.59	)
Dividends to shareholders:
Net investment income		(0.71	)		(0.61	)		(0.25	)		(0.54	)		(0.48	)
Net asset value, end of year	$	56.59		$	54.97		$	44.33		$	23.25		$	38.96

TOTAL RETURN²		4.39	%		25.57	%		91.88	%		(39.31	)%		(17.97	)%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of year (000’s omitted)	$	147,127		$	134,672		$	95,306		$	13,948		$	15,585
Ratios to average net assets³ of:
Expenses, net of expense reimbursements		0.38	%		0.38	%		0.38	%		0.38	%		0.38	%
Expenses, prior to expense reimbursements		0.38	%		0.38	%		0.38	%		0.38	%		0.38	%
Net investment income		1.43	%		1.37	%		0.97	%		1.49	%		1.28	%
Portfolio turnover rate⁴		41	%		19	%		16	%		51	%		37	%

¹	Based on average shares outstanding.

³	The ratios to average net assets do not include net investment income (loss) or expenses of affiliated funds in which the Fund invests.

⁴	Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares.

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			73

Financial Highlights (continued)

WisdomTree Domestic and International Earnings Funds

March 31, 2012

Selected data for a share of beneficial interest outstanding throughout the period is presented below:


WisdomTree LargeCap Value Fund	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010**				For the Year Ended March 31, 2009			For the Year Ended March 31, 2008
Net asset value, beginning of year	$	43.02		$	37.01		$	24.24			$	43.53		$	49.06
Investment operations:
Net investment income¹		0.75			0.49			0.65				0.86			1.03
Net realized and unrealized gain (loss)		1.26			6.04			12.75				(19.33	)		(5.49	)
Total from investment operations		2.01			6.53			13.40				(18.47	)		(4.46	)
Dividends to shareholders:
Net investment income		(0.72	)		(0.52	)		(0.63	)			(0.82	)		(1.07	)
Net asset value, end of year	$	44.31		$	43.02		$	37.01			$	24.24		$	43.53

TOTAL RETURN²		4.83	%		17.86	%		55.57	%	��		(42.87	)%		(9.31	)%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of year (000’s omitted)	$	31,015		$	25,812		$	35,164			$	20,607		$	23,940
Ratios to average net assets³ of:
Expenses, net of expense reimbursements		0.38	%		0.38	%		0.38	%			0.38	%		0.38	%
Expenses, prior to expense reimbursements		0.38	%		0.38	%		0.38	%			0.38	%		0.38	%
Net investment income		1.84	%		1.33	%		2.01	%			2.60	%		2.10	%
Portfolio turnover rate⁴		62	%		6	%		71	%			54	%		20	%



WisdomTree LargeCap Growth Fund	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010			For the Period December 4, 2008* through March 31, 2009
Net asset value, beginning of period	$	39.01		$	34.59		$	26.10		$	25.28
Investment operations:
Net investment income¹		0.58			0.26			0.49			0.09
Net realized and unrealized gain		1.97			4.41			9.22			0.81
Total from investment operations		2.55			4.67			9.71			0.90
Dividends and distributions to shareholders:
Net investment income		(0.64	)		(0.25	)		(0.46	)		(0.08	)
Capital gains		—			—			(0.76	)		—
Total dividends and distributions to shareholders		(0.64	)		(0.25	)		(1.22	)		(0.08	)
Net asset value, end of period	$	40.92		$	39.01		$	34.59		$	26.10

TOTAL RETURN²		6.74	%		13.57	%		37.46	%		3.56	%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of period (000’s omitted)	$	20,461		$	25,357		$	22,485		$	9,136
Ratios to average net assets³ of:
Expenses, net of expense reimbursements		0.38	%		0.38	%		0.38	%		0.38	%⁵
Expenses, prior to expense reimbursements		0.38	%		0.38	%		0.38	%		0.38	%⁵
Net investment income		1.57	%		0.73	%		1.53	%		1.26	%⁵
Portfolio turnover rate⁴		104	%		10	%		44	%		1	%

*	Commencement of investment operations.

**	This information reflects the investment objective and strategy of WisdomTree Low P/E Fund through June 19, 2009 and the investment objective and strategy of the WisdomTree LargeCap Value Fund thereafter.

¹	Based on average shares outstanding.

³	The ratios to average net assets do not include net investment income (loss) or expenses of affiliated funds in which the Fund invests.

⁴	Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares.

⁵	Annualized.

See Notes to Financial Statements.


74		WisdomTree Domestic and International Earnings Funds

Financial Highlights (concluded)

WisdomTree Domestic and International Earnings Funds

March 31, 2012

Selected data for a share of beneficial interest outstanding throughout the period is presented below:


WisdomTree India Earnings Fund (consolidated)	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010			For the Year Ended March 31, 2009			For the Period February 22, 2008* through March 31, 2008
Net asset value, beginning of period	$	24.87		$	23.25		$	10.99		$	22.57		$	24.94
Investment operations:
Net investment income¹		0.19			0.09			0.04			0.12			(0.01	)
Net realized and unrealized gain (loss)		(5.65	)		1.67			12.27			(11.60	)		(2.36	)
Total from investment operations		(5.46	)		1.76			12.31			(11.48	)		(2.37	)
Dividends to shareholders:
Net investment income		(0.17	)		(0.14	)		(0.05	)		(0.10	)		—
Net asset value, end of period	$	19.24		$	24.87		$	23.25		$	10.99		$	22.57

TOTAL RETURN²		(21.96	)%		7.59	%		112.11	%		(50.89	)%		(9.50	)%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of period (000’s omitted)	$	916,024		$	1,487,089		$	841,533		$	169,195		$	162,540
Ratios to average net assets⁴ of:
Expenses, net of expense reimbursements		0.76	%⁵		0.88	%		0.88	%		0.88	%		0.88	%³
Expenses, prior to expense reimbursements		0.82	%		0.88	%		0.88	%		0.92	%		2.10	%³
Net investment income (loss)		0.91	%		0.36	%		0.19	%		0.77	%		(0.41	)%³
Portfolio turnover rate⁴		32	%		8	%		33	%		42	%		0	%

*	Commencement of investment operations.

¹	Based on average shares outstanding.

³	Annualized.

⁴	Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares.

⁵	During the period, the Fund was reimbursed for certain expenses that occurred during the previous fiscal year.

See Notes to Financial Statements.


WisdomTree Domestic and International Earnings Funds			75

Notes to Financial Statements

March 31, 2012

1. ORGANIZATION

WisdomTree Trust (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Trust was established as a Delaware statutory trust pursuant to a Trust Instrument dated December 15, 2005. As of March 31, 2012, the Trust offered 48 investment funds (each a “Fund”, collectively, the “Funds”). These notes relate only to Funds listed in the table below:


Fund Name		Commencement of Operations
WisdomTree Total Earnings Fund (“Total Earnings Fund”)		February 23, 2007
WisdomTree Earnings 500 Fund (“Earnings 500 Fund”)		February 23, 2007
WisdomTree MidCap Earnings Fund (“MidCap Earnings Fund”)		February 23, 2007
WisdomTree SmallCap Earnings Fund (“SmallCap Earnings Fund”)		February 23, 2007
WisdomTree LargeCap Value Fund (“LargeCap Value Fund”)		February 23, 2007
WisdomTree LargeCap Growth Fund (“LargeCap Growth Fund”)		December 4, 2008
WisdomTree India Earnings Fund (“India Earnings Fund”) (consolidated)		February 22, 2008

The India Earnings Fund makes its investments through the WisdomTree India Investment Portfolio, Inc. (the “Portfolio”), a wholly owned subsidiary organized in the Republic of Mauritius. The Portfolio is advised by WisdomTree Asset Management, Inc. (“WTAM”) and is sub-advised by Mellon Capital Management Corporation, Inc. (“MCM”). For the India Earnings Fund, the accompanying financial statements reflect the financial position of the Fund and the results of operations on a consolidated basis with the Portfolio. All inter-company accounts and transactions have been eliminated in consolidation. This structure should permit the India Earnings Fund to benefit from a tax treaty between India and Mauritius. The Supreme Court of India upheld the validity of this tax treaty in response to a lower court challenge contesting the treaty’s applicability to entities such as the India Earnings Fund. In March of 2012, the Indian Finance Minister introduced a new chapter to the Indian Income Tax Act 1961, which would include certain General Anti-Avoidance Rules (“GAAR”). The implementation of these rules has been postponed until 2013 and it is currently unclear whether the proposed GAAR rules will be enacted and whether such rules will have any impact on the Fund’s ability to benefit from the tax treaty. No assurance can be given that the terms of the treaty will not be subject to re-negotiation in the future or subject to an adverse interpretation under the proposed GAAR. Any change in the provision of this treaty or in its applicability to the India Earnings Fund could result in the imposition of withholding and other taxes on the India Earnings Fund by tax authorities in India. This would reduce the return to the India Earnings Fund on its investments and the return received by India Earnings Fund shareholders. References to investments by the India Earnings Fund herein should be understood to refer to investments by the Portfolio.

Each Fund seeks to track the price and yield performance, before fees and expenses, of a particular index (“Index”) developed by WisdomTree Investments, Inc. (“WisdomTree Investments”). WisdomTree Investments is the parent company of WTAM, the investment adviser to each Fund and the Trust. “WisdomTree” is a registered mark of WisdomTree Investments and has been licensed for use by the Trust. Each Fund described herein is considered to be non-diversified. The securities in each Index are weighted based on earnings or earnings yield.

2. SIGNIFICANT ACCOUNTING POLICIES

The following is a summary of significant accounting policies followed by the Funds:

Use of Estimates — The preparation of financial statements in conformity with GAAP, requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in the net assets from operations during the reporting period. Actual results could differ from those estimates.


76		WisdomTree Domestic and International Earnings Funds

Notes to Financial Statements (continued)

In certain instances, such as when reliable market valuations are not readily available or are not deemed to reflect current market values, a Fund’s investments will be valued in accordance with the Fund’s pricing policy and procedures. Securities that may be valued using “fair value” pricing may include, but are not limited to, securities for which there are no current market quotations, securities whose issuer is in default or bankruptcy, securities subject to corporate actions (such as mergers or reorganizations), securities subject to non-U.S. investment limits or currency controls, and securities affected by “significant events”. An example of a significant event is an event occurring after the close of the market in which a security trades but before a Fund’s next NAV calculation time that may materially affect the value of a Fund’s investment (e.g., government action, natural disaster, or significant market fluctuation). Price movements in U.S. markets that are deemed to affect the value of foreign securities, or reflect changes to the value of such securities, also may cause securities to be fair valued. When fair value pricing is employed, the prices of securities used by a Fund to calculate its NAV may differ from quoted or published prices for the same securities. Each Fund may invest in money market funds which are valued at their NAV per share and affiliated ETFs which are valued at their last sale or official closing price on the exchange on which they are principally traded.

Fair Value Measurement — In accordance with Codification Topic 820 (“ASC 820”), Fair Value Measurements and Disclosures, fair value is defined as the price that each Fund would receive upon selling an investment in an orderly transaction to an independent buyer in the principal or most advantageous market of the investment. ASC 820 established a three-tier hierarchy to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classifications of fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk — for example, the risk inherent in a particular valuation technique used to measure fair value (such as a pricing model) and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The three-tier hierarchy of inputs is summarized in the three broad levels listed below:

Level 1 – quoted prices in active markets for identical securities

Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

Level 3 – significant unobservable inputs (including each Fund’s assumption in determining the fair value of investments)


WisdomTree Domestic and International Earnings Funds			77

Notes to Financial Statements (continued)

information on purchases and sales, issuances and settlements on a gross basis in the reconciliation of activity in Level 3 fair value measurements. The new and revised disclosures have been implemented for fiscal periods beginning after December 15, 2009 other than the disclosures surrounding the presentation of purchases, sales, issuances and settlements on a gross basis in the reconciliation of Level 3 fair value measurements which have been implemented for fiscal periods beginning after December 15, 2010.

The inputs or methodology used for valuation are not necessarily an indication of the risk associated with investing in those investments.

The valuation techniques and significant inputs used in determining the fair market value measurements for Level 2 or Level 3 positions are as follows:

No significant transfers between Level 1 or Level 2 fair value measurements occurred during the fiscal year ended March 31, 2012.

The following is a summary of the inputs used as of March 31, 2012 in valuing each Fund’s assets carried at fair value:


Total Earnings Fund	Level 1		Level 2		Level 3
Investments in Securities
Common Stocks*	$	42,857,291	$	—	$	—
Money Market Funds		—		545,623		—
Exchange-Traded Funds		91,512		—		—
Total	$	42,948,803	$	545,623	$	—

Earnings 500 Fund	Level 1		Level 2		Level 3
Investments in Securities
Common Stocks*	$	69,044,954	$	—	$	—
Money Market Funds		—		300,121		—
Exchange-Traded Funds		83,955		—		—
Total	$	69,128,909	$	300,121	$	—

MidCap Earnings Fund	Level 1		Level 2		Level 3
Investments in Securities
Common Stocks*	$	158,070,300	$	—	$	—
Money Market Funds		—		10,699,894		—
Exchange-Traded Funds		378,776		—		—
Total	$	158,449,076	$	10,699,894	$	—


78		WisdomTree Domestic and International Earnings Funds

Notes to Financial Statements (continued)


SmallCap Earnings Fund	Level 1		Level 2		Level 3
Investments in Securities
Common Stocks*	$	146,750,185	$	—	$	—
Money Market Funds		—		13,010,704		—
Exchange-Traded Funds		269,473		—		—
Total	$	147,019,658	$	13,010,704	$	—

LargeCap Value Fund	Level 1		Level 2		Level 3
Investments in Securities
Common Stocks*	$	30,816,970	$	—	$	—
Money Market Funds		—		195,663		—
Exchange-Traded Funds		186,828		—		—
Total	$	31,003,798	$	195,663	$	—

LargeCap Growth Fund	Level 1		Level 2		Level 3
Investments in Securities
Common Stocks*	$	20,442,500	$	—	$	—
Money Market Funds		—		176,644		—
Total	$	20,442,500	$	176,644	$	—

India Earnings Fund (consolidated)	Level 1		Level 2		Level 3
Investments in Securities
Common Stocks
Electric Utilities	$	23,546,146	$	—	$	373,398
Metals & Mining		84,625,059		—		125,467
Other*		805,765,681		—		—
Total	$	913,936,886	$	—	$	498,865

Please refer to Schedule of Investment for the breakdown of the valuation by industry.

The following is a reconciliation of assets in which significant unobservable inputs (Level 3) were used in determining fair value. All transfers into or out of Level 3 are done using the beginning of period method. For the period ended March 31, 2012, there were no transfers into or out of Level 3.


	Common Stocks
India Earnings Fund (consolidated)	Electric Utilities			Metals & Mining
Balance as of April 1, 2011	$	—		$	—
Realized gain (loss)¹		—			—
Change in unrealized appreciation (depreciation)²		(157,647	)		(38,429	)
Purchases		531,045			163,896
Sales		—			—
Transfers into Level 3³		—			—
Transfers out of Level 3⁴		—			—
Balance as of March 31, 2012	$	373,398		$	125,467
Net change in unrealized appreciation/(depreciation) from investments still held as of March 31, 2012 is:²	$	(157,647	)	$	(38,429	)

This amount is included in net realized gain (loss) from investment transactions in the Statement of Operations.

This amount is included in the net change in unrealized appreciation (depreciation) from investment transactions in the Statement of Operations. Change in unrealized appreciation (depreciation) includes net unrealized appreciation (depreciation) resulting from changes in investment values during the period and the reversal of previously recorded unrealized appreciation (depreciation) when gains or losses are realized.

Transfers into Level 3 are as a result of the unavailability of a quoted price in an active market for an identical investment or the unavailability of other significant observable inputs.

⁴

Transfers out of Level 3 are as a result of the availability of a quoted price in an active market for an identical investment or the availability of other significant observable inputs.


WisdomTree Domestic and International Earnings Funds			79

Notes to Financial Statements (continued)

Derivatives and Hedging Disclosure — Codification Topic 815 (“ASC 815”), Derivatives and Hedging, requires qualitative disclosures about objectives and strategies for using derivatives, quantitative disclosures about fair value amounts of gains and losses on derivative instruments, and disclosures about credit-risk-related contingent features in derivative agreements. The India Earnings Fund has invested in derivatives, specifically forward currency contracts, during the fiscal year ended March 31, 2012, which are detailed in the table herein. The Fund’s derivative agreements contain credit-risk-related contingent features which include, but are not limited to, a percentage decline in the Fund’s NAV or net assets over a specified time period. If an event occurred that triggered a contingent feature, the counterparty to the agreement may require the Fund to post additional collateral or terminate the derivative positions and demand payment. Any collateral posted with respect to the derivative positions would be used to offset or reduce the payment. The maximum exposure to derivatives agreements with the credit-risk-related contingent features would be the total of derivatives in net liability positions for the Fund.

At March 31, 2012, there were no open derivative positions in the Funds.

The effect of such derivative instruments on each Fund’s financial performance as reflected in the Statement of Operations are presented in the summary below:


Derivatives not designated as hedging instruments, carried at fair value	Amount of Realized Gain on Derivatives Recognized in Income¹		Change in Unrealized Appreciation or (Depreciation) on Derivatives Recognized in Income
India Earnings Fund (consolidated) Foreign exchange contracts	$	1,107,368	$	—

¹ Realized gains (losses) on derivatives are located on the Statement of Operations as follows:


Foreign exchange contracts		Net realized gain (loss) from forward foreign currency contracts and foreign currency related transactions

During the fiscal year ended March 31, 2012, the volume of derivative activity for the Funds was as follows:


	Average Notional
Fund	Forward foreign currency contracts (to deliver)		Forward foreign currency contracts (to receive)
India Earnings Fund (consolidated)
Forward exchange contracts	$	—	$	645,085

Investment Transactions and Investment Income — Investment transactions are recorded as of the date that the securities are purchased or sold (trade date). Realized gains and losses on sales of portfolio securities are calculated using the identified-cost method. Dividend income is recognized on the ex-dividend date, net of any foreign taxes withheld. Interest income including amortization of premiums and discounts, is accrued daily. The value of additional securities received as dividend payments is recorded as income and as an increase to the cost basis of such securities.

Foreign Currency Translation — The accounting records of the Funds are maintained in U.S. dollars. Foreign currencies, as well as investment securities and other assets and liabilities denominated in foreign currencies, are translated into U.S. dollars using exchange rates prevailing on the respective dates of such transactions that are deemed appropriate by WTAM. Realized and unrealized foreign exchange gains and losses on investments are included as a component of net realized gain (loss) from investment transactions and net change in unrealized appreciation (depreciation) from investment transactions, respectively, on the Statement of Operations. Net realized and unrealized foreign exchange gains or losses arising from sales of foreign currencies, including gains and losses of forward foreign currency contracts, currency gains or losses recognized between the trade and settlement dates on investment transactions, and the difference between the amounts of dividends and foreign withholding taxes recorded on the Funds’ books and the U.S. dollar equivalent of the amounts actually received or paid are included in net realized gain (loss) from forward foreign currency contracts and foreign currency related transactions and/or net change in unrealized appreciation (depreciation) from forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies on the Statement of Operations. Certain foreign exchange gains and losses included in realized and unrealized gains or losses are included in, or are a reduction of, ordinary income in accordance with U.S. Federal income tax regulations.

Expenses/Reimbursements — WTAM has agreed to pay all expenses of the Funds (other than the India Earnings Fund), except for: (i) brokerage expenses and other expenses (such as stamp taxes) connected with the execution of portfolio transactions or in connection with creation and redemption transactions; (ii) legal fees or expenses in connection with any arbitration, litigation or pending or threatened arbitration or litigation, including any settlements in connection therewith; (iii) compensation and expenses


80		WisdomTree Domestic and International Earnings Funds

Notes to Financial Statements (continued)

of each Independent Trustee; (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s chief compliance officer (“CCO”); (vi) extraordinary expenses; (vii) distribution fees and expenses paid by the Trust under any distribution plan adopted pursuant to Rule 12b-1 under the 1940 Act; and (viii) the advisory fee payable to WTAM.

Pursuant to a separate contractual arrangement, WTAM has arranged for the provision of CCO services to the Funds, and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees, in exchange for a service fee paid by each Fund of up to 0.0044% of each Fund’s average daily net assets. Trustees’ fees, which are included in Service Fees on the Statements of Operations, of $73,730 have been paid on behalf of the Funds of the Trust to the Independent Trustees for the fiscal year ended March 31, 2012. Expenses in excess of 0.0044% were paid by WTAM. WTAM has agreed to limit the total expenses of the India Earnings Fund to 0.88% through July 31, 2013.

Currency Transactions — The India Earnings Fund may enter into foreign currency forward and foreign currency futures contracts to facilitate local securities settlements or to protect against currency exposure in connection with distributions to shareholders. The India Earnings Fund does not expect to engage in currency transactions for the purpose of hedging against declines in the value of the Fund’s assets that are denominated in one or more foreign currencies. The India Earnings Fund may not enter into such contracts for speculative purposes.

Forward Foreign Currency Transactions — A forward foreign currency contract (“Forward Contract”) involves an obligation to purchase or sell a specific currency at a future date, which may be any fixed number of days from the date of the contract agreed upon by the parties, at a price set at the time of the contract. These contracts are principally traded in the inter-bank market conducted directly between currency traders (usually large, commercial banks) and their customers. A Forward Contract generally has no margin deposit requirement, and no commissions are charged at any stage for trades.

Risks may arise upon entering into Forward Contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of foreign currencies relative to the U.S. dollar or each other.

Fluctuations in the value of open Forward Contracts are recorded for book purposes as unrealized gains or losses on Forward Contracts by the Funds. Realized gains and losses on Forward Contracts include net gains or losses recognized by the Funds on contracts which have matured.

There were no Forward Contracts open at March 31, 2012.

The securities lending income earned by the Funds is disclosed on the Statements of Operations.


WisdomTree Domestic and International Earnings Funds			81

Notes to Financial Statements (continued)

reasonable discretion, such action is necessary or advisable to preserve the status of each Fund as a RIC or to avoid imposition of income or excise taxes on undistributed income. Dividends and distributions to shareholders are recorded on the ex-dividend date. The amount of dividends and distributions from net investment income and net realized capital gains are determined in accordance with Federal income tax regulations which may differ from GAAP. These book/tax differences are either considered temporary or permanent in nature. To the extent these differences are permanent in nature, such amounts are reclassified within the components of net assets based on their Federal tax basis treatment; temporary differences do not require reclassification. Dividends and distributions which exceed earnings and profit for tax purposes are reported as a tax return of capital to the extent of a shareholder’s tax basis and thereafter as a capital gain. The India Earnings Fund has filed an election to treat the Portfolio as a “pass-through” entity for tax purposes.

3. ADVISORY FEES AND TRANSACTIONS

WTAM has overall responsibility for the general management and administration of the Trust. WTAM provides an investment program for each Fund. WTAM has arranged for Mellon Capital Management (“MCM”) to provide sub-advisory services to the Funds. MCM is compensated by WTAM at no additional cost to the Funds. WTAM also arranges transfer agency, custody, fund administration, and all other non-distribution related services necessary for the Funds to operate. Under the Investment Advisory Agreement for each Fund, and as also described in Note 2, WTAM agrees to pay all expenses of the Funds, except compensation and expenses of the Independent Trustees, counsel to the Independent Trustees and the Trust’s CCO, interest expenses and taxes, brokerage expenses, and other expenses connected with the execution of portfolio transactions, any distribution fees or expenses, legal fees or expenses and extraordinary expenses. The Investment Advisory Agreement for the India Earnings Fund does not require WTAM to pay any Fund expenses, except sub-advisory fees.

Pursuant to a separate contractual arrangement, as also described in Note 2, WTAM arranges for the provision of CCO services with respect to each Fund, and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees in exchange for a fee of up to 0.0044% of each Fund’s average daily net assets. WTAM provides CCO services to the Trust. WTAM has agreed to limit net annual operating expenses for the India Earnings Fund to 0.88% through July 31, 2013. WTAM expects to receive fees from each Fund, based on a percentage of the Fund’s average daily net assets, as shown in the following table:


Fund	Advisory Fee Rate
Total Earnings Fund		0.28	%
Earnings 500 Fund		0.28	%
MidCap Earnings Fund		0.38	%
SmallCap Earnings Fund		0.38	%
LargeCap Value Fund		0.38	%
LargeCap Growth Fund		0.38	%
India Earnings Fund (consolidated)		0.68	%

Each Fund may purchase shares of affiliated exchange traded funds in secondary market transactions. For the fiscal year ended March 31, 2012, WTAM waived a portion of its advisory fees based on each Fund’s investment in affiliated Funds. In addition, during the year ended March 31, 2012, the India Earnings Fund was reimbursed for certain expenses that occurred during the previous fiscal year. The table below indicates the waiver and expense reimbursement amounts. Please see Note 7 for additional information on Other Affiliated Parties and Transactions.


Fund		Advisory Fees Waived/ Expense Reimbursement


Total Earnings Fund	$	110
Earnings 500 Fund		286
MidCap Earnings Fund		1,624
SmallCap Earnings Fund		1,657
LargeCap Value Fund		271
LargeCap Growth Fund		—
India Earnings Fund (consolidated)		663,000

4. CAPITAL SHARE TRANSACTIONS


82		WisdomTree Domestic and International Earnings Funds

Notes to Financial Statements (continued)

shares of each Fund are not redeemable. Transactions in shares for each Fund are disclosed in detail in the Statements of Changes in Net Assets. The consideration for the purchase of Creation Units of a Fund generally consists of the in-kind contribution of a designated portfolio of equity securities constituting a portfolio sampling representation of the securities included in the relevant Fund’s underlying Index and an amount of cash. The India Earnings Fund issues and redeems shares on a cash basis only. Investors purchasing and redeeming Creation Units may be charged a purchase transaction fee and a redemption transaction fee to offset transfer and other transaction costs associated with the issuance and redemption of Creation Units.

5. INVESTMENT PORTFOLIO TRANSACTIONS

Purchases and sales of investments (excluding in-kind capital share transactions and short-term investments) for the fiscal year ended March 31, 2012 were as follows:

		000,000,000		000,000,000
Fund	Purchases		Sales
Total Earnings Fund	$	5,662,390	$	5,751,951
Earnings 500 Fund		10,223,264		10,197,683
MidCap Earnings Fund		47,598,902		47,857,568
SmallCap Earnings Fund		53,626,397		55,269,188
LargeCap Value Fund		17,161,622		17,099,884
LargeCap Growth Fund		20,894,698		21,289,606
India Earnings Fund (consolidated)		340,685,032		597,677,253

For the fiscal year ended March 31, 2012, the cost of purchases and the proceeds from sales resulting from in-kind capital share transactions were as follows:

		000,000,000		000,000,000
Fund	Purchases		Redemptions
Total Earnings Fund	$	11,998,373	$	24,134,949
Earnings 500 Fund		—		—
MidCap Earnings Fund		70,380,674		22,994,812
SmallCap Earnings Fund		48,705,563		36,820,199
LargeCap Value Fund		5,605,014		2,096,006
LargeCap Growth Fund		17,355,535		22,558,430
India Earnings Fund (consolidated)		—		—

Gains and losses on in-kind redemptions are not recognized by the Funds for tax purposes.

6. FEDERAL INCOME TAXES

At March 31, 2012, the cost of investments (including securities on loan) for Federal income tax purposes was as follows:


Fund	Tax Cost		Gross Unrealized Appreciation		Gross Unrealized Depreciation			Net Unrealized Appreciation (Depreciation)
Total Earnings Fund	$	39,169,648	$	5,904,133	$	(1,579,355	)	$	4,324,778
Earnings 500 Fund		61,178,425		11,328,128		(3,077,523	)		8,250,605
MidCap Earnings Fund		151,886,152		21,126,940		(3,864,122	)		17,262,818
SmallCap Earnings Fund		146,915,494		20,826,036		(7,711,168	)		13,114,868
LargeCap Value Fund		27,566,033		4,149,081		(515,653	)		3,633,428
LargeCap Growth Fund		18,630,036		2,951,924		(962,816	)		1,989,108
India Earnings Fund (consolidated)		956,200,548		114,182,590		(155,947,387	)		(41,764,797	)


WisdomTree Domestic and International Earnings Funds			83

Notes to Financial Statements (continued)

At March 31, 2012, the components of accumulated earnings/(loss) on a tax-basis were as follows:


Fund	Undistributed Ordinary Income		Undistributed Capital and Other Losses			Net Unrealized Appreciation/ (Depreciation)			Currency Unrealized Appreciation		Total Accumulated Earnings/(Losses)
Total Earnings Fund	$	17,976	$	(6,249,932	)	$	4,324,778		$	—	$	(1,907,178	)
Earnings 500 Fund		27,480		(19,797,594	)		8,250,605			—		(11,519,509	)
MidCap Earnings Fund		96,368		(13,853,114	)		17,262,818			—		3,506,072
SmallCap Earnings Fund		106,260		(15,675,153	)		13,114,868			—		(2,454,025	)
LargeCap Value Fund		8,589		(11,425,485	)		3,633,428			—		(7,783,468	)
LargeCap Growth Fund		2,180		(283,287	)		1,989,108			—		1,708,001
India Earnings Fund (consolidated)		344,964		(138,472,651	)		(41,764,797	)		10,482		(179,882,002	)

The tax character of distributions paid during the fiscal years ended March 31, 2012 and March 31, 2011, was as follows:


	Year Ended March 31, 2012		Year Ended March 31, 2011
Fund	Distributions Paid from Ordinary Income*		Distributions Paid from Ordinary Income*
Total Earnings Fund	$	875,900	$	879,348
Earnings 500 Fund		1,245,174		1,308,638
MidCap Earnings Fund		1,297,193		1,186,680
SmallCap Earnings Fund		1,778,298		1,365,764
LargeCap Value Fund		506,854		362,140
LargeCap Growth Fund		319,110		145,072
India Earnings Fund (consolidated)		8,702,508		6,420,668
* Includes short-term capital gains.


Fund	Capital Loss Available Through 2016		Capital Loss Available Through 2017		Capital Loss Available Through 2018		Capital Loss Available Through 2019		Short-Term Post-Effective No Expiration*			Long-Term Post-Effective No Expiration*		Capital Loss Available Total
Total Earnings Fund	$	133,369	$	451,951	$	3,393,418	$	935,380	$	38,219		$	817,002	$	5,769,339
Earnings 500 Fund		194,476		1,286,040		10,811,338		4,536,572		54,760	��		1,938,700		18,821,886
MidCap Earnings Fund		354,730		1,545,771		6,328,159		346,722		117,912			178,710		8,872,004
SmallCap Earnings Fund		31,705		1,465,208		4,654,874		921,406		1,312,469			—		8,385,662
LargeCap Value Fund		—		220,523		10,909,497		295,465		—			—		11,425,485
LargeCap Growth Fund		—		—		—		92,877		190,410			—		283,287
India Earnings Fund (consolidated)		1,179		20,567,350		7,978,486		6,294,051		67,135,294			35,065,312		137,041,672
* Under the recently enacted Regulated Investment Company Modernization Act of 2010, a Fund is permitted to carry forward any new capital losses for an unlimited period. Additionally, such capital losses that are carried forward will retain their character as either short-term or long-term capital losses rather than being considered all short-term as under previous law. The character of these losses is noted above.

Capital losses incurred after October 31 (“post-October capital losses”) and within the taxable year are deemed to arise on the first business day of each Fund’s next taxable year.

During the fiscal year ended March 31, 2012, the following Funds incurred and will elect to defer post-October capital losses as follows:


Fund	Short-Term Post-October Capital Losses		Long-Term Post-October Capital Losses
Total Earnings Fund	$	39,069	$	441,524
Earnings 500 Fund		122,065		853,643
MidCap Earnings Fund		4,018,536		962,574
SmallCap Earnings Fund		4,712,668		2,576,823
LargeCap Value Fund		—		—
LargeCap Growth Fund		—		—
India Earnings Fund (consolidated)		173,444		1,257,535


84		WisdomTree Domestic and International Earnings Funds

Notes to Financial Statements (continued)

During the fiscal year ended March 31, 2012, the following funds utilized capital loss carryforwards of the noted amounts to offset realized gains.


Fund	Utilized Capital Loss Carryforwards
Total Earnings Fund	$	—
Earnings 500 Fund		—
MidCap Earnings Fund		—
SmallCap Earnings Fund		—
LargeCap Value Fund		1,147,246
LargeCap Growth Fund		—
India Earnings Fund (consolidated)		—

At March 31, 2012, the effect of permanent book/tax reclassifications resulted in increases (decreases) to the components of net assets as follows:


Fund	Undistributed Net Investment Income/(Loss)			Accumulated Net Realized Gain/ (Loss)			Paid-in Capital
Total Earnings Fund	$	(494	)	$	(1,710,353	)	$	1,710,847
Earnings 500 Fund		(781	)		753			28
MidCap Earnings Fund		10,037			(3,995,341	)		3,985,304
SmallCap Earnings Fund		(6,253	)		(8,675,947	)		8,682,200
LargeCap Value Fund		229			(409,550	)		409,321
LargeCap Growth Fund		(276	)		(2,373,086	)		2,373,362
India Earnings Fund (consolidated)		(612,585	)		612,585			—

These differences are primarily due to redemptions-in-kind, the tax treatment of income earned from investments in partnerships, foreign currency transactions, non-dividend distributions from underlying funds and Passive Foreign Investment Companies (“PFICs”).

GAAP provides guidance on tax provisions that prescribe a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Foreign taxes are provided for based on each Fund’s understanding of the tax rules and rates that exist in the foreign markets in which it invests. Taxes are accrued and applied to net investment income, net realized capital gains and net unrealized appreciation, as applicable, as the income is earned or capital gains are recorded. As of and during the fiscal year ended March 31, 2012, the Funds did not have any liabilities for unrecognized tax benefits. If applicable, the Funds will recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in “Other” expenses on the Statements of Operations. The Funds file tax returns with the Internal Revenue Service, the State of New York, and various other states, and with respect to the India Earnings Fund, the Republic of Mauritius. Generally, each of the tax years in the four-year period ended March 31, 2012, remains subject to examination by taxing authorities.


WisdomTree Domestic and International Earnings Funds			85

Notes to Financial Statements (concluded)

7. OTHER AFFILIATED PARTIES AND TRANSACTIONS

Affiliated holdings are Funds which are managed by the Trust or an affiliate of the Trust. Transactions with affiliated companies during the fiscal year ended March 31, 2012 are as follows:


Affiliated Fund Name	Value at 3/31/2011		Purchases/ Additions		Sales/ Reductions		Value at 3/31/2012		Dividend Income
Total Earnings Fund
LargeCap Growth Fund	$	392,157	$	472,390	$	753,302	$	91,512	$	2,245

Earnings 500 Fund
WisdomTree Equity Income Fund	$	344,576	$	834,428	$	1,117,722	$	83,955	$	6,435

MidCap Earnings Fund
WisdomTree MidCap Dividend Fund	$	557,285	$	328,620	$	505,892	$	378,776	$	14,566

SmallCap Earnings Fund
MidCap Earnings Fund	$	843,454	$	191,170	$	710,662	$	269,473	$	4,950

LargeCap Value Fund
Earnings 500 Fund	$	—	$	384,096	$	261,637	$	130,986	$	1,623
WisdomTree LargeCap Dividend Fund		222,272		—		221,501		—		—
WisdomTree MidCap Dividend Fund		95,994		—		95,366		—		—
MidCap Earnings Fund		—		165,308		110,833		55,842		357
Total	$	318,266	$	549,404	$	689,337	$	186,828	$	1,980

LargeCap Growth Fund
Earnings 500 Fund	$	245,226	$	—	$	246,182	$	—	$	—

8. LOAN

During the year ended March 31, 2012, the India Earnings Fund had a demand note agreement with Morgan Stanley Bank, N.A. which allowed the Fund to borrow up to $300,000,000 until the stated maturity date of September 30, 2011. During the year ended March 31, 2012, the Fund utilized the demand note and borrowed for a period of 35 days with an average outstanding loan balance of $34,809,479 and a weighted average interest rate of 2.19% per annum. Interest expense related to the loan for the year ended March 31, 2012 was $73,100. At March 31, 2012, the Fund did not have any loan amounts outstanding.

9. NEW ACCOUNTING PRONOUNCEMENTS


86		WisdomTree Domestic and International Earnings Funds

Notes to Financial Statements (concluded)

on or after January 1, 2013, and for interim periods within those annual reporting periods. The guidance requires retrospective application for all comparative periods presented. Management is currently evaluating the implications of ASU 2011-11 and its impact on the financial statements.

10. LEGAL MATTER


WisdomTree Domestic and International Earnings Funds			87

Report of Independent Registered Public Accounting Firm

The Board of Trustees and Shareholders of WisdomTree Trust:

We have audited the accompanying statements of assets and liabilities, including the schedules of investments, of WisdomTree Total Earnings Fund, WisdomTree Earnings 500 Fund, WisdomTree MidCap Earnings Fund, WisdomTree SmallCap Earnings Fund, WisdomTree LargeCap Value Fund, WisdomTree LargeCap Growth Fund and WisdomTree India Earnings Fund (seven of the investment funds constituting the WisdomTree Trust (the “Trust”)) as of March 31, 2012, and the related statements of operations for the year then ended, the changes in net assets for each of the two years in the period then ended, and the financial highlights for each of the periods indicated therein. These financial statements and financial highlights are the responsibility of the Trust’s management. Our responsibility is to express an opinion on these financial statements and financial highlights based on our audits.

Trust’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements and financial highlights, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement

presentation. Our procedures included confirmation of securities owned as of March 31, 2012, by correspondence with the custodian and brokers or by other appropriate auditing procedures where replies from brokers were not received. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements and financial highlights referred to above present fairly, in all material respects, the financial position of WisdomTree Total Earnings Fund, WisdomTree Earnings 500 Fund, WisdomTree MidCap Earnings Fund, WisdomTree SmallCap Earnings Fund, WisdomTree LargeCap Value Fund, WisdomTree LargeCap Growth Fund and WisdomTree India Earnings Fund of WisdomTree Trust at March 31, 2012, the results of their operations for the year then ended, the changes in their net assets for each of the two years in the period then ended, and the financial highlights for each of the indicated periods, in conformity with U.S. generally accepted accounting principles.

LOGO

New York, New York

May 25, 2012


88		WisdomTree Domestic and International Earnings Funds

Approval of Investment Advisory and Sub-Advisory Agreement (unaudited)


WisdomTree Domestic and International Earnings Funds			89

Frequency Distribution of Discounts & Premiums (unaudited)


			Market Price Above or Equal to Net Asset Value					Market Price Below Net Asset Value
	Basis Point Differential*		Number of Days		Percentage of Total Days			Number of Days		Percentage of Total Days
WisdomTree Total Earnings Fund
February 23, 2007 – March 31, 2012		0 – 24.9		550		40.80	%		732		54.30	%
		25 – 49.9		17		1.26	%		27		2.00	%
		50 – 74.9		3		0.22	%		7		0.52	%
		75 – 99.9		5		0.37	%		0		0.00	%
		100 – 124.9		0		0.00	%		1		0.08	%
		125 – 174.9		0		0.00	%		0		0.00	%
		175 – 199.9		0		0.00	%		0		0.00	%
		200 – 249.9		0		0.00	%		1		0.08	%
		>250		4		0.30	%		1		0.07	%
		Total		579		42.95	%		769		57.05	%
WisdomTree Earnings 500 Fund
February 23, 2007 – March 31, 2012		0 – 24.9		518		38.43	%		746		55.34	%
		25 – 49.9		20		1.48	%		40		2.97	%
		50 – 74.9		3		0.22	%		6		0.44	%
		75 – 99.9		5		0.37	%		4		0.30	%
		100 – 124.9		3		0.22	%		0		0.00	%
		125 – 174.9		1		0.08	%		1		0.07	%
		175 – 199.9		0		0.00	%		0		0.00	%
		200 – 249.9		0		0.00	%		0		0.00	%
		>250		1		0.08	%		0		0.00	%
		Total		551		40.88	%		797		59.12	%
WisdomTree MidCap Earnings Fund
February 23, 2007 – March 31, 2012		0 – 24.9		729		54.08	%		523		38.80	%
		25 – 49.9		23		1.71	%		39		2.89	%
		50 – 74.9		6		0.44	%		13		0.97	%
		75 – 99.9		4		0.30	%		1		0.08	%
		100 – 124.9		2		0.15	%		3		0.22	%
		125 – 174.9		1		0.07	%		2		0.15	%
		175 – 199.9		0		0.00	%		0		0.00	%
		200 – 249.9		0		0.00	%		1		0.07	%
		>250		0		0.00	%		1		0.07	%
		Total		765		56.75	%		583		43.25	%


90		WisdomTree Domestic and International Earnings Funds

Frequency Distribution of Discounts & Premiums (unaudited) (concluded)


			Market Price Above or Equal to Net Asset Value					Market Price Below Net Asset Value
	Basis Point Differential*		Number of Days		Percentage of Total Days			Number of Days		Percentage of Total Days
WisdomTree SmallCap Earnings Fund
February 23, 2007 – March 31, 2012		0 – 24.9		692		51.34	%		306		22.70	%
		25 – 49.9		76		5.64	%		48		3.56	%
		50 – 74.9		13		0.96	%		8		0.59	%
		75 – 99.9		3		0.22	%		1		0.08	%
		100 – 124.9		4		0.30	%		183		13.58	%
		125 – 174.9		1		0.07	%		6		0.45	%
		175 – 199.9		1		0.07	%		1		0.07	%
		200 – 249.9		2		0.15	%		0		0.00	%
		>250		2		0.15	%		1		0.07	%
		Total		794		58.90	%		554		41.10	%
WisdomTree LargeCap Value Fund
February 23, 2007 – March 31, 2012		0 – 24.9		520		38.58	%		723		53.63	%
		25 – 49.9		20		1.48	%		33		2.45	%
		50 – 74.9		10		0.74	%		7		0.52	%
		75 – 99.9		9		0.67	%		4		0.30	%
		100 – 124.9		5		0.37	%		3		0.22	%
		125 – 174.9		2		0.15	%		2		0.15	%
		175 – 199.9		1		0.07	%		0		0.00	%
		200 – 249.9		2		0.15	%		0		0.00	%
		>250		6		0.45	%		1		0.07	%
		Total		575		42.66	%		773		57.34	%
WisdomTree LargeCap Growth Fund
December 4, 2008 – March 31, 2012		0 – 24.9		452		50.33	%		421		46.89	%
		25 – 49.9		11		1.22	%		8		0.89	%
		50 – 74.9		0		0.00	%		1		0.11	%
		75 – 99.9		4		0.45	%		0		0.00	%
		100 – 124.9		0		0.00	%		0		0.00	%
		125 – 174.9		0		0.00	%		1		0.11	%
		175 – 199.9		0		0.00	%		0		0.00	%
		200 – 249.9		0		0.00	%		0		0.00	%
		>250		0		0.00	%		0		0.00	%
		Total		467		52.00	%		431		48.00	%
WisdomTree India Earnings Fund
February 22, 2008 – March 31, 2012		0 – 24.9		76		6.93	%		83		7.57	%
		25 – 49.9		101		9.21	%		80		7.29	%
		50 – 74.9		107		9.75	%		68		6.20	%
		75 – 99.9		84		7.66	%		48		4.37	%
		100 – 124.9		79		7.20	%		40		3.65	%
		125 – 174.9		71		6.47	%		55		5.01	%
		175 – 199.9		36		3.28	%		23		2.10	%
		200 – 249.9		32		2.92	%		28		2.55	%
		>250		45		4.10	%		41		3.74	%
		Total		631		57.52	%		466		42.48	%

*	Basis point (bps) is a unit that is equal to 1/100th of 1%.


WisdomTree Domestic and International Earnings Funds			91

Trustees and Officers Information (unaudited)

The address of each Trustee and Officer is c/o WisdomTree Asset Management, Inc., 380 Madison Avenue, 21st Floor, New York, New York 10017.

Interested Trustee and Officers


Name (year of birth)	Position	Term of Office and Length of Time Served	Principal Occupation(s) During the Past 5 Years	Number of Portfolios in Fund Complex Overseen by Trustee/Officer+	Other Directorships Held by Trustee/ Officer
Jonathan Steinberg (1964)	Trustee, President*	Trustee and Officer since 2005	President, WisdomTree Trust since 2005; Chief Executive Officer of WisdomTree Investments, Inc. and Director of WisdomTree Investments, Inc. since 1989.	48	None.

Amit Muni (1969)	Treasurer,* Assistant Secretary*	Officer since 2008	Chief Financial Officer and Assistant Secretary of WisdomTree Investments, Inc. since March 2008; International Securities Exchange Holdings, Inc. (ISE), Controller and Chief Accounting Officer from 2003 to 2008.	48	None.

Richard Morris (1967)	Secretary,* Chief Legal Officer*	Officer since 2005	General Counsel of WisdomTree Asset Management since 2009; Chief Compliance Officer of WisdomTree Trust since 2009; Deputy General Counsel of WisdomTree Investments, Inc. since 2005; Senior Counsel at Barclays Global Investors, N.A. from 2002 to 2005.	48	None.

+	As of March 31, 2012.

*	Elected by and serves at the pleasure of the Board of Trustees.


92		WisdomTree Domestic and International Earnings Funds

Trustees and Officers Information (unaudited) (concluded)

Independent Trustees


Name (year of birth)	Position	Term of Office and Length of Time Served	Principal Occupation(s) During the Past 5 Years	Number of Portfolios in Fund Complex Overseen by Trustee+	Other Directorships Held by Trustee
Gregory Barton (1961)*	Trustee	Trustee since 2006	Executive Vice President of Business Legal Affairs, General Counsel and Secretary of TheStreet, Inc. 2009 to present; General Counsel of Martha Stewart Living Omnimedia, Inc. from 2007 to 2008; Executive Vice President of Licensing and Legal Affairs, General Counsel and Secretary of Ziff Davis Media Inc. from 2004 to 2007; Executive Vice President of Legal Affairs, General Counsel and Secretary of Ziff Davis Media Inc. from 2002 to 2004; President from 2001 to 2002, Chief Financial Officer from 2000 to 2002, Vice President of Business Development from 1999 to 2001 and General Counsel and Secretary from 1998 to 2002 of WisdomTree Investments, Inc.	48	Trustee, GLG Investment Series Trust; and Trustee, Man Long/Short Fund.

Toni Massaro (1955)**	Trustee	Trustee since 2006	Dean Emerita at University of Arizona James E. Rogers College of Law (“Rogers College of Law”) since 2009 (distinguished Emerita in July 2009); Dean at the Rogers College of Law from 1999 to 2009; Regents’ Professor since 2006; Milton O. Riepe Chair in Constitutional Law since 1997; Professor at the Rogers College of Law since 1990.	48	None.

Victor Ugolyn (1947)	Trustee, Chairman of the Board of Trustees	Trustee since 2006	Private Investor - 2005 to Present; President and Chief Executive Officer of William D. Witter, Inc. from 2005 to 2006; Consultant to AXA Enterprise in 2004; Chairman, President and Chief Executive Officer of Enterprise Capital Management (subsidiary of The MONY Group, Inc.) and Enterprise Group of Funds, Chairman of MONY Securities Corporation, and Chairman of the Fund Board of Enterprise Group of Funds 1991 to 2004.	48	Member of Board of New York Society of Security Analysts; Member of the Board of Governors of Naismith Memorial Basketball Hall of Fame.

+	As of March 31, 2012.

*	Chair of the Audit Committee.

**	Chair of the Governance and Nominating Committee.


WisdomTree Domestic and International Earnings Funds			93

Supplemental Information (unaudited)

Federal Income Tax Information

The following Federal tax information related to the Funds fiscal year ended March 31, 2012, is provided for information and purposes only and should not be used for reporting to federal or state revenue agencies. Federal tax information for the calendar year will be reported to you on Form 1099-DIV in January 2013.


Fund	Qualified Dividend Income
Total Earnings Fund	$	875,900
Earnings 500 Fund		1,245,174
MidCap Earnings Fund		983,617
SmallCap Earnings Fund		1,255,651
LargeCap Value Fund		506,854
LargeCap Growth Fund		319,110
India Earnings Fund (consolidated)		9,252,605

The following represents the percentage of dividends paid during the fiscal year ended March 31, 2012, that qualify for the 70% dividends received deduction for corporate shareholders:


Fund		Dividends-Received Deduction


Total Earnings Fund	100	%
Earnings 500 Fund	100	%
MidCap Earnings Fund	76	%
SmallCap Earnings Fund	69	%
LargeCap Value Fund	100	%
LargeCap Growth Fund	99	%
India Earnings Fund (consolidated)	0	%

The Fund intends to elect to pass through to shareholders the credit for taxes paid during the fiscal year ended March 31, 2012, to foreign countries. The gross foreign source income and foreign taxes paid are as follows:


Fund	Gross Foreign Income		Foreign Taxes Paid
Total Earnings Fund	$	—	$	—
Earnings 500 Fund		—		—
MidCap Earnings Fund		—		—
SmallCap Earnings Fund		—		—
LargeCap Value Fund		—		—
LargeCap Growth Fund		—		—
India Earnings Fund (consolidated)		18,263,811		550,097


94		WisdomTree Domestic and International Earnings Funds

General Information (unaudited)

Proxy Voting Policies, Procedures and Record

Shareholder Reports and Quarterly Portfolio Disclosure

Information about each Fund’s portfolio holdings is available daily, without charge, at www.wisdomtree.com.


WisdomTree Domestic and International Earnings Funds			95

The WisdomTree Family of Funds

The following is a list of WisdomTree Funds being offered, along with their respective ticker symbols, as of March 31, 2012:

WisdomTree Domestic Dividend Funds

WisdomTree Total Dividend Fund (DTD)

WisdomTree Equity Income Fund (DHS)

WisdomTree LargeCap Dividend Fund (DLN)

WisdomTree Dividend ex-Financials Fund (DTN)

WisdomTree MidCap Dividend Fund (DON)

WisdomTree SmallCap Dividend Fund (DES)

WisdomTree International Dividend Funds

WisdomTree DEFA Fund (DWM)

WisdomTree DEFA Equity Income Fund (DTH)

WisdomTree Global Equity Income Fund (DEW)

WisdomTree Europe SmallCap Dividend Fund (DFE)

WisdomTree Japan Hedged Equity Fund (DXJ)

WisdomTree Global ex-U.S. Growth Fund (DNL)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

WisdomTree Asia Pacific ex-Japan Fund (AXJL)

WisdomTree Australia Dividend Fund (AUSE)

WisdomTree International LargeCap Dividend Fund (DOL)

WisdomTree International Dividend ex-Financials Fund (DOO)

WisdomTree International MidCap Dividend Fund (DIM)

WisdomTree International SmallCap Dividend Fund (DLS)

WisdomTree Emerging Markets Equity Income Fund (DEM)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

WisdomTree Middle East Dividend Fund (GULF)

WisdomTree International Hedged Equity Fund (HEDJ)

WisdomTree International Dividend
Sector Funds

WisdomTree Commodity Country Equity Fund (CCXE)

WisdomTree Global Natural Resources Fund (GNAT)

WisdomTree Global ex-U.S. Utilities Fund (DBU)

WisdomTree Global ex-U.S. Real Estate Fund (DRW)

WisdomTree Domestic and International
Earnings Funds

WisdomTree Total Earnings Fund (EXT)

WisdomTree Earnings 500 Fund (EPS)

WisdomTree MidCap Earnings Fund (EZM)

WisdomTree SmallCap Earnings Fund (EES)

WisdomTree LargeCap Value Fund (EZY)

WisdomTree LargeCap Growth Fund (ROI)

WisdomTree India Earnings Fund (EPI)

WisdomTree Currency Funds

WisdomTree Dreyfus Brazilian Real Fund (BZF)

WisdomTree Dreyfus Chinese Yuan Fund (CYB)

WisdomTree Dreyfus Commodity Currency Fund (CCX)

WisdomTree Dreyfus Emerging Currency Fund (CEW)

WisdomTree Dreyfus Indian Rupee Fund (ICN)

WisdomTree Dreyfus Japanese Yen Fund (JYF)

WisdomTree Dreyfus South African Rand Fund (SZR)

WisdomTree Fixed Income Funds

WisdomTree Asia Local Debt Fund (ALD)

WisdomTree Australia & New Zealand Debt Fund (AUNZ)

WisdomTree Emerging Markets Corporate Bond Fund (EMCB)

WisdomTree Emerging Markets Local Debt Fund (ELD)

WisdomTree Euro Debt Fund (EU)

WisdomTree Alternative Funds

WisdomTree Global Real Return Fund (RRF)

WisdomTree Managed Futures Strategy Fund (WDTI)

The WisdomTree Funds are exchange traded funds (“ETFs”) registered with the United States Securities and Exchange Commission as separate series (“Funds”) of WisdomTree Trust (“Trust”). WisdomTree Asset Management, Inc., a wholly owned subsidiary of WisdomTree Investments, Inc., serves as the investment adviser to the Trust. None of the WisdomTree entities are affiliated with ALPS Distributors, Inc., the Funds�� distributor. WisdomTree Investments, its affiliates and their independent providers are not liable for any informational errors, incompleteness, delays, or for any actions taken in reliance on information contained herein.

There are risks associated with investing, including possible loss of principal. Funds focusing their investments on certain sectors and/or smaller companies increase their vulnerability to any single economic or regulatory development. This may result in greater share price volatility. Foreign investing involves special risks, such as risk of loss from currency fluctuation or political or economic uncertainty. The WisdomTree India Earnings Fund focuses its investments in India, thereby increasing the impact of events and developments associated with the region which can adversely affect performance. Investments in emerging, offshore or frontier markets such as India are generally less liquid and less efficient than investments in developed markets and are subject to additional risks, such as risks of adverse governmental regulation and intervention or political developments. Due to the investment strategy of certain Fund’s they may make higher capital gain distributions than other ETFs. Please read each Fund’s prospectus for specific details regarding the Fund’s risk profile.

WisdomTree Trust

380 Madison Avenue, 21st Floor

New York, NY 10017

LOGO

WisdomTree Domestic and International Earnings Funds

WisdomTree Total Earnings Fund

WisdomTree Earnings 500 Fund

WisdomTree MidCap Earnings Fund

WisdomTree SmallCap Earnings Fund

WisdomTree LargeCap Value Fund

WisdomTree LargeCap Growth Fund

WisdomTree India Earnings Fund

WisdomTree Fund shares are distributed by ALPS Distributors, Inc.

WIS004136 (05/2013)

LOGO

WisdomTree Trust

International Dividend and Sector Funds

Annual Report

March 31, 2012

WisdomTree DEFA Fund (DWM)

WisdomTree DEFA Equity Income Fund (DTH)

WisdomTree Global Equity Income Fund (DEW)

WisdomTree Europe SmallCap Dividend Fund (DFE)

WisdomTree Japan Hedged Equity Fund (DXJ)

WisdomTree Global ex-U.S. Growth Fund (DNL)

(formerly, WisdomTree World ex-U.S. Growth Fund (DNL))

WisdomTree Japan SmallCap Dividend Fund (DFJ)

WisdomTree Asia Pacific ex-Japan Fund (AXJL)

(formerly, WisdomTree Pacific ex-Japan Total Dividend Fund (DND))

WisdomTree Australia Dividend Fund (AUSE)

(formerly, WisdomTree Pacific ex-Japan Equity Income Fund (DNH))

WisdomTree International LargeCap Dividend Fund (DOL)

WisdomTree International Dividend ex-Financials Fund (DOO)

WisdomTree International MidCap Dividend Fund (DIM)

WisdomTree International SmallCap Dividend Fund (DLS)

WisdomTree Emerging Markets Equity Income Fund (DEM)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

WisdomTree Middle East Dividend Fund (GULF)

WisdomTree International Hedged Equity Fund (HEDJ)

WisdomTree Commodity Country Equity Fund (CCXE)

(formerly, WisdomTree International Basic Materials Sector Fund (DBN))

WisdomTree Global Natural Resources Fund (GNAT)

(formerly, WisdomTree International Energy Sector Fund (DKA))

WisdomTree Global ex-U.S. Utilities Fund (DBU)

(formerly, WisdomTree International Utilities Sector Fund (DBU))

WisdomTree Global ex-U.S. Real Estate Fund (DRW)

(formerly, WisdomTree International Real Estate Fund (DRW))

Table of Contents


Management’s Discussion of Funds’ Performance (unaudited)			1
Performance Summaries (unaudited)			4
Description of Indexes (unaudited)			25
Shareholder Expense Examples (unaudited)			29
Schedules of Investments
WisdomTree DEFA Fund			32
WisdomTree DEFA Equity Income Fund			40
WisdomTree Global Equity Income Fund			45
WisdomTree Europe SmallCap Dividend Fund			52
WisdomTree Japan Hedged Equity Fund			56
WisdomTree Global ex-U.S. Growth Fund			64
WisdomTree Japan SmallCap Dividend Fund			68
WisdomTree Asia Pacific ex-Japan Fund			75
WisdomTree Australia Dividend Fund			78
WisdomTree International LargeCap Dividend Fund			80
WisdomTree International Dividend ex-Financials Fund			83
WisdomTree International MidCap Dividend Fund			85
WisdomTree International SmallCap Dividend Fund			91
WisdomTree Emerging Markets Equity Income Fund			99
WisdomTree Emerging Markets SmallCap Dividend Fund			103
WisdomTree Middle East Dividend Fund			110
WisdomTree International Hedged Equity Fund			111
WisdomTree Commodity Country Equity Fund			119
WisdomTree Global Natural Resources Fund			121
WisdomTree Global ex-U.S. Utilities Fund			123
WisdomTree Global ex-U.S. Real Estate Fund			125
Statements of Assets and Liabilities			128
Statements of Operations			132
Statements of Changes in Net Assets			136
Financial Highlights			143
Notes to Financial Statements			154
Report of Independent Registered Public Accounting Firm			179
Approval of Investment Advisory and Sub-Advisory Agreement (unaudited)			180
Frequency Distribution of Discounts & Premiums (unaudited)			181
Trustees and Officer Information (unaudited)			186
Supplemental Information (unaudited)			188
General Information (unaudited)			190

“WisdomTree” is a registered mark of WisdomTree Investments, Inc. and is licensed for use by the WisdomTree Trust.

Management’s Discussion of Funds’ Performance

Market Environment Overview

The international equity markets, measured by the MSCI EAFE Index, a broad measure of equity performance for the developed world outside the U.S. and Canada, returned -5.77% in the 12-month period that ended March, 31, 2012 (the “period”). Compared to peak levels reached in 2007, the MSCI EAFE Index is still down on a cumulative basis by more than 25%. The emerging markets, shown through the MSCI Emerging Markets Index, failed to keep pace with the developed world markets for the period. The MSCI Emerging Markets Index returned -8.80% over the period. This was more than 15 percentage points behind the S&P 500 and roughly 3 percentage points behind the MSCI EAFE Index.

One of the main factors for the negative equity performance internationally remained the uncertainties of the peripheral European countries’ mounting debts and their impact on the European Union or, “EU”, as well as the global economy. Largely as a result of these uncertainties the MSCI EAFE Index experienced a significant decline in the first eight months of the period through November 2011. In December 2011, the European Central Bank (“ECB”) announced an emergency operation aimed at reducing fears about the stability of European banks. This program, dubbed LTRO for Long-Term Refinancing Operation, gave European banks the ability to pledge a wide swath of collateral with the ECB in return for loans with a three-year term and 1% interest rate charge. The LTROs alleviated a lot of the pressure of bank funding and helped reduce pressures on European governments, as the banks had more capital that they could use to buy sovereign bonds. The international markets rallied significantly following the LTRO activities in December 2011 to erase much of the losses they experienced in the first 8 months of the period.

With all this volatility in the markets and fears about global growth prospects, there were only two sectors — Consumer Staples and Health Care — that contributed positively to the MSCI EAFE returns over the period. The Consumer Discretionary sector was essentially flat and the remaining seven sectors (Information Technology, Energy, Industrials, Telecommunication Services, Financials, Materials, and Utilities) contributed negatively to the MSCI EAFE performance for the period. Telecommunication Services, Financials, Materials, and Utilities each experienced losses of more than 15% for the period.

WisdomTree Funds’ Performance Overview

Measured in local currency, the MSCI EAFE Index returned -4.12% over the period. The foreign currency component of the developed world returns subtracted a little less than 2 percentage points to the returns of the MSCI EAFE Index. During the period, the euro depreciated against the U.S. dollar, weakening by more than 5% over the period. Weakening currencies relative to the U.S. dollar decrease the value of foreign investments measured in U.S. dollars and tend to lower returns experienced by U.S. investors who invest overseas.

The following table reflects the WisdomTree Funds’ performance versus capitalization- weighted benchmark indexes:


Ticker	WisdomTree Fund	1-Year NAV Return	Cap-Weighted Benchmark	1-Year Return		Difference
DWM	WisdomTree DEFA Fund	-6.18%	MSCI EAFE Index		-5.77%		-0.41%
DTH	WisdomTree DEFA Equity Income Fund	-7.45%	MSCI EAFE Value Index		-7.83%		0.38%
DEW	WisdomTree Global Equity Income Fund	-2.70%	MSCI Europe Value/MSCI AC World Spliced Index		-0.73%		-1.97%
DFE	WisdomTree Europe SmallCap Dividend Fund	-9.80%	MSCI Europe SmallCap Index		-10.17%		0.37%
DXJ	WisdomTree Japan Hedged Equity Fund	1.46%	MSCI Japan/MSCI Japan Local Currency Spliced Index		-0.45%		1.91%
DNL	WisdomTree Global ex-US Growth Fund	-5.20%	MSCI Japan Value/MSCI AC World ex-USA Growth Spliced Index		-6.26%		1.06%


WisdomTree International Dividend and Sector Funds			1

Management’s Discussion of Funds’ Performance

(continued)


Ticker	WisdomTree Fund	1-Year NAV Return	Cap-Weighted Benchmark	1-Year Return		Difference
DFJ	WisdomTree Japan SmallCap Dividend Fund	7.36%	MSCI Japan Small Cap Index		5.15%		2.21%
AXJL	WisdomTree Asia Pacific ex-Japan Fund	-2.22%	MSCI Pacific ex-Japan/MSCI AC Asia Pacific ex-Japan Spliced Index		-7.03%		4.81%
AUSE	WisdomTree Australia Dividend Fund	-3.86%	MSCI Pacific ex-Japan Value/MSCI Australia Spliced Index		-5.32%		1.46%
DOL	WisdomTree International LargeCap Dividend Fund	-6.02%	MSCI EAFE Index		-5.77%		-0.25%
DOO	WisdomTree International Dividend ex-Financials Fund	-7.24%	MSCI EAFE Value Index		-7.83%		0.59%
DIM	WisdomTree International MidCap Dividend Fund	-7.21%	MSCI EAFE Mid Cap Index		-6.65%		-0.56%
DLS	WisdomTree International SmallCap Dividend Fund	-3.41%	MSCI EAFE Small Cap Index		-6.23%		2.82%
DEM	WisdomTree Emerging Markets Equity Income Fund	-1.03%	MSCI Emerging Markets Index		-8.80%		7.77%
DGS	WisdomTree Emerging Markets SmallCap Dividend Fund	-6.88%	MSCI Emerging Markets Small Cap Index		-12.70%		5.82%
GULF	WisdomTree Middle East Dividend Fund	1.35%	MSCI Arabian Markets ex Saudi Arabia Index		-3.34%		4.69%
HEDJ	WisdomTree International Hedged Equity Fund	-4.41%	MSCI EAFE Local Currency Index		-4.12%		-0.29%
CCXE	WisdomTree Commodity Country Equity Fund	-1.77%	S&P Developed Ex-U.S. BMI Materials/MSCI ACWI ex-USA Spliced Index		-9.84%		8.07%
GNAT	WisdomTree Global Natural Resources Fund	-12.70%	S&P Developed Ex-U.S. BMI Energy/S&P Global Natural Resources Spliced Index		-13.92%		1.22%
DBU	WisdomTree Global ex-U.S. Utilities Sector Fund	-7.41%	S&P Developed Ex-U.S. BMI Utilities Sector Index		-13.10%		5.69%
DRW	WisdomTree Global ex-U.S. Real Estate Fund	-3.99%	Dow Jones Global ex-U.S. Select Real Estate Securities Index		-0.95%		-3.04%

WisdomTree’s international dividend weighted Funds are designed to track indexes based on the dividend stream generated by the companies included in the index. The dividend stream is defined as the sum of all dividends paid over the prior 12 months for each company. There are two primary factors that drive performance differentials versus market cap-weighted benchmarks. The first is aggregate exposure to one or more sectors or countries. The second is stock selection within each sector or country. Both of these are determined as part of WisdomTree’s rules-based index methodology. These exposures are not subjectively determined. Rather, they are objectively determined at the Index rebalancing dates based on the dividend stream.

WisdomTree’s best performing region and Funds for the year were Japan. Both the WisdomTree Japan SmallCap Dividend Fund (DFJ) and the WisdomTree Japan Hedged Equity Fund (DXJ) had positive absolute returns for the period. These two examples of positive absolute performance are notable given that Japan was devastated by the earthquake, tsunami, and nuclear disasters only a year ago in March 2011 and exporters were hurt by a strengthening yen for most of the period. Small cap Japanese stocks are more domestically sensitive and more closely tied to the local economy and did well as the country spent billions to rebuild. The WisdomTree Japan SmallCap Dividend Fund returned 7.36% for the period. This was more than 2 percentage points higher than the MSCI Japan Small Cap Index return of 5.15%.

The only other WisdomTree Fund to provide positive absolute returns for the period was the WisdomTree Middle East Dividend Fund (GULF). Even though geopolitical risk was heightened in the Middle East as tensions in the region escalated to violence in countries such as Egypt, Syria, Tunisia, Bahrain, Yemen, and Libya, the WisdomTree Middle East Dividend Fund returned 1.35%, which was more than 4.5 percentage points higher than the MSCI Arabian Markets ex-Saudi Arabia Index return of -3.34%.


2		WisdomTree International Dividend and Sector Funds

Management’s Discussion of Funds’ Performance

(concluded)

While emerging markets, as measured by the MSCI Emerging Markets Index, were down 8.80%, both the WisdomTree Emerging Markets Equity Income Fund (DEM) and the WisdomTree Emerging Markets SmallCap Dividend Fund (DGS) experienced relatively favorable performance for the period only down -1.03% and -6.88% respectively. The MSCI Emerging Markets Index was more exposed to India, China, and Russia compared to the WisdomTree Funds. These markets suffered as investors’ fled risky assets. WisdomTree Emerging Markets Funds are dividend focused and as such India, China and Russia were under represented in both DEM and DGS, which helped the Funds’ performance. Both DEM and DGS benefited from exposure to Taiwan, which had positive returns for the period.

The two WisdomTree International Funds with the lowest returns over the period were the WisdomTree Global Natural Resources Fund and the WisdomTree Europe SmallCap Dividend Fund. The WisdomTree Europe SmallCap Dividend Fund’s decline can be associated with the continuing troubles in the European economy with the ongoing debt crisis. This Fund has both exposure to the euro, which declined 5% over the period, as well as cyclical sectors, such as those that were negatively impacted by fears over the continuing weakness in the European economies. Commodity sectors such as those in the WisdomTree Global Natural Resources Fund, experienced the greatest declines in the global markets. Commodity prices are sensitive to economic conditions and there were ongoing questions about global growth prospects emanating from the same European issues mentioned above.

Fund returns are shown at NAV. Please see Performance Summaries on the subsequent pages for more complete performance information. Please see pages 25-27 for the list of index descriptions.


WisdomTree International Dividend and Sector Funds			3

Performance Summary (unaudited)

WisdomTree DEFA Fund (DWM)

Country Breakdown† as of 3/31/12


United Kingdom			18.1%
Japan			13.3%
Australia			11.5%
France			9.5%
Germany			6.9%
Switzerland			6.5%
Spain			4.9%
Hong Kong			4.7%
Italy			3.2%
Sweden			3.2%
Singapore			2.0%
Norway			1.9%
Netherlands			1.8%
Finland			1.3%
Belgium			1.2%
Austria			0.4%
Denmark			0.4%
Portugal			0.4%
Ireland			0.3%
New Zealand			0.2%
United States			0.1%

†	The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
China Mobile Ltd.		1.9%
Vodafone Group PLC		1.7%
Nestle S.A.		1.5%
Total S.A.		1.4%
Commonwealth Bank of Australia		1.4%
Roche Holding AG-Genusschein		1.4%
Westpac Banking Corp.		1.3%
GlaxoSmithKline PLC		1.3%
Telefonica S.A.		1.3%
HSBC Holdings PLC		1.3%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree DEFA Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Dividend Index of Europe, Far East Asia and Australasia (“the WisdomTree DEFA Index”).

The Fund returned -6.18% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its investment in the United Kingdom. The Fund’s position in France created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree DEFA Index			MSCI EAFE Index
One Year		-6.18	%		-5.67	%		-6.25	%		-5.77	%
Three Year		16.51	%		16.89	%		16.81	%		17.13	%
Five Year		-3.41	%		-3.36	%		-3.08	%		-3.51	%
Since Inception¹		1.41	%		1.55	%		1.86	%		0.83	%

¹	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

LOGO


4		WisdomTree International Dividend and Sector Funds

Performance Summary (unaudited)

WisdomTree DEFA Equity Income Fund (DTH)

Country Breakdown† as of 3/31/12


United Kingdom	19.8%
Australia	16.0%
France	11.1%
Spain	7.4%
Germany	6.2%
Switzerland	5.7%
Japan	4.8%
Hong Kong	4.5%
Italy	3.8%
Sweden	2.8%
Norway	2.8%
Singapore	1.9%
Netherlands	1.8%
Finland	1.7%
Portugal	0.7%
Belgium	0.6%
United States	0.4%
New Zealand	0.4%
Ireland	0.2%
Austria	0.2%
Denmark	0.0%	^#

†	The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned.

#	Amount represents less than 0.05%.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
China Mobile Ltd.		3.2%
Vodafone Group PLC		2.9%
Total S.A.		2.5%
Commonwealth Bank of Australia		2.3%
GlaxoSmithKline PLC		2.3%
Westpac Banking Corp.		2.3%
HSBC Holdings PLC		2.2%
Telefonica S.A.		2.2%
Novartis AG		2.1%
ENI SpA		2.0%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree DEFA Equity Income Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree DEFA Equity Income Index.

The Fund returned -7.45% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its investments in the United Kingdom. The Fund’s position in France created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFs. NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of a Fund’s portfolio securities.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree DEFA Equity Income Index			MSCI EAFE Value Index
One Year		-7.45	%		-7.22	%		-7.69	%		-7.83	%
Three Year		15.97	%		16.25	%		16.31	%		16.50	%
Five Year		-4.73	%		-4.78	%		-4.28	%		-5.18	%
Since Inception¹		0.14	%		0.18	%		0.86	%		-0.47	%

¹	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

LOGO


WisdomTree International Dividend and Sector Funds			5

Performance Summary (unaudited)

WisdomTree Global Equity Income Fund (DEW)

Country Breakdown† as of 3/31/12


United States	18.5%
United Kingdom	12.0%
Australia	9.2%
France	6.7%
Switzerland	4.9%
Canada	4.4%
Spain	4.3%
Japan	4.1%
Germany	4.1%
Brazil	2.9%
Hong Kong	2.7%
Italy	2.4%
Taiwan	2.3%
Sweden	1.8%
South Africa	1.6%
Norway	1.5%
Malaysia	1.3%
Singapore	1.1%
Finland	1.0%
Netherlands	1.0%
Chile	0.7%
Russia	0.6%
Thailand	0.6%
China	0.5%
Turkey	0.5%
Czech Republic	0.5%
South Korea	0.4%
Israel	0.4%
Portugal	0.3%
Philippines	0.3%
Poland	0.3%
Belgium	0.3%
Indonesia	0.3%
Mexico	0.2%
Austria	0.2%
Argentina	0.2%
New Zealand	0.1%
Ireland	0.1%
Hungary	0.0%	^#

†	The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned.

#	Amount represents less than 0.05%.

Top Ten Holdings* as of 3/31/12


Description	% of Net Assets
AT&T, Inc.		2.0%
China Mobile Ltd.		1.8%
Vodafone Group PLC		1.7%
Nestle S.A.		1.4%
Total S.A.		1.4%
Pfizer, Inc.		1.3%
GlaxoSmithKline PLC		1.3%
Commonwealth Bank of Australia		1.3%
Westpac Banking Corp.		1.3%
Telefonica S.A.		1.2%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree Global Equity Income Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global Equity Income Index.

The Fund returned -2.70% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its investment in the United States. The Fund’s position in France created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree Europe Equity Income/ Global Equity Income Spliced Index¹			MSCI Europe Value/MSCI AC World Spliced Index²
One Year		-2.70	%		-3.05	%		-2.97	%		-0.73	%
Three Year		21.29	%		21.28	%		21.35	%		23.90	%
Five Year		-3.22	%		-3.25	%		-3.09	%		-3.41	%
Since Inception³		1.36	%		1.29	%		1.70	%		1.40	%

¹	WisdomTree Europe Equity Income Index through June 19, 2009; WisdomTree Global Equity Income Index thereafter.

²	MSCI Europe Value Index through June 19, 2009; MSCI AC World Index thereafter.

³	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

LOGO


6		WisdomTree International Dividend and Sector Funds

Performance Summary (unaudited)

WisdomTree Europe SmallCap Dividend Fund (DFE)

Country Breakdown† as of 3/31/12


United Kingdom	31.9%
Sweden	13.0%
Italy	9.2%
Germany	7.1%
Finland	5.4%
Norway	4.0%
Belgium	3.7%
France	3.5%
Netherlands	3.4%
Spain	3.1%
Portugal	2.0%
Ireland	1.9%
Austria	1.3%
Denmark	1.2%
Switzerland	0.7%
United States	0.0%	^#

†	The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned.

#	Amount represents less than 0.05%.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
Cofinimmo		1.3%
NCC AB Class B		1.3%
Close Brothers Group PLC		1.2%
Antena 3 de Television S.A.		1.2%
De La Rue PLC		1.0%
Tieto Oyj		1.0%
Banca Generali SpA		1.0%
Comdirect Bank AG		0.9%
Greene King PLC		0.9%
Fabege AB		0.8%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree Europe SmallCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Europe SmallCap Dividend Index.

The Fund returned -9.80% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its investment in the United Kingdom. The Fund’s investment in Italy created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree Europe SmallCap Dividend Index			MSCI Europe Small Cap Index
One Year		-9.80	%		-9.07	%		-9.81	%		-10.17	%
Three Year		24.17	%		24.52	%		24.93	%		26.69	%
Five Year		-5.86	%		-5.79	%		-5.62	%		-3.55	%
Since Inception¹		0.61	%		0.56	%		0.87	%		2.83	%

¹	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

LOGO


WisdomTree International Dividend and Sector Funds			7

Performance Summary (unaudited)

WisdomTree Japan Hedged Equity Fund (DXJ)

Sector Breakdown† as of 3/31/12‡


Industrials			13.9%
Financials			13.9%
Consumer Discretionary			12.0%
Information Technology			9.1%
Health Care			6.2%
Consumer Staples			6.0%
Telecommunication Services			5.9%
Materials			5.4%
Utilities			3.6%
Energy			1.4%
Other			22.6%

†	The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time.

‡	A sector may be comprised of several industries.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
NTT DoCoMo, Inc.		3.5%
Toyota Motor Corp.		3.2%
Mitsubishi UFJ Financial Group, Inc.		3.1%
Nippon Telegraph & Telephone Corp.		3.0%
Sumitomo Mitsui Financial Group, Inc.		2.7%
Canon, Inc.		2.7%
Mizuho Financial Group, Inc.		2.5%
Takeda Pharmaceutical Co. Ltd.		2.3%
Honda Motor Co., Ltd.		1.6%
Mitsubishi Corp.		1.5%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree Japan Hedged Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Japan Hedged Equity Index. The Fund seeks to provide Japanese equity returns while mitigating or “hedging” against fluctuations between the value of the Japanese yen and the U.S. dollar.

The Fund returned 1.46% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its investment in the Consumer Discretionary sector. The Fund’s position in the Utilities sector created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree Japan Dividend/ Japan Hedged Equity Spliced Index¹			MSCI Japan/MSCI Japan Local Currency Spliced Index²
One Year		1.46	%		2.70	%		1.63	%		-0.45	%
Three Year		6.28	%		5.64	%		6.55	%		7.09	%
Five Year		-7.01	%		-6.86	%		-7.08	%		-7.68	%
Since Inception³		-3.98	%		-3.76	%		-3.99	%		-4.71	%

¹	WisdomTree Japan Dividend Index through March 31, 2010; WisdomTree Japan Hedged Equity Index thereafter.

²	MSCI Japan Index through March 31, 2010; MSCI Japan Local Currency Index thereafter.

³	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

LOGO


8		WisdomTree International Dividend and Sector Funds

Performance Summary (unaudited)

WisdomTree Global ex-U.S. Growth Fund (DNL)

Country Breakdown† as of 3/31/12


United Kingdom			24.2%
Hong Kong			7.4%
Russia			6.6%
Taiwan			6.6%
Brazil			6.1%
Thailand			4.4%
France			3.9%
South Korea			3.2%
Spain			3.2%
Germany			3.0%
China			2.9%
Mexico			2.5%
South Africa			2.4%
Indonesia			2.2%
Japan			1.9%
Switzerland			1.8%
Canada			1.8%
Italy			1.7%
Denmark			1.3%
Turkey			0.9%
Sweden			0.9%
Malaysia			0.8%
Chile			0.8%
Australia			0.8%
Philippines			0.7%
United States			0.7%
Singapore			0.5%
Portugal			0.5%
Finland			0.4%
Netherlands			0.2%
Norway			0.2%
Austria			0.2%
Belgium			0.2%
Poland			0.2%
Ireland			0.1%

†	The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
Royal Dutch Shell PLC Class A		6.0%
Royal Dutch Shell PLC Class B		5.2%
Taiwan Semiconductor Manufacturing Co., Ltd.		3.0%
Gazprom OAO ADR		2.7%
CNOOC Ltd.		2.4%
National Grid PLC		2.1%
Vale S.A.		2.0%
BHP Billiton PLC		1.9%
Kumba Iron Ore Ltd.		1.6%
LVMH Moet Hennessy Louis Vuitton S.A.		1.6%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree Global ex-U.S. Growth Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global ex-U.S. Growth Index.

The Fund returned -5.20% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its investments in the Consumer Discretionary sector. The Fund’s position in the Materials sector created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree Japan Equity Income/ Global ex-U.S. Growth Spliced Index¹			MSCI Japan Value/ MSCI AC World ex-U.S.A. Growth Spliced Index²
One Year		-5.20	%		-5.70	%		-4.44	%		-6.26	%
Three Year		16.31	%		15.61	%		17.16	%		19.41	%
Five Year		-0.42	%		-0.44	%		0.06	%		0.22	%
Since Inception³		2.71	%		2.83	%		3.22	%		3.32	%

¹	WisdomTree Japan Equity Income Index through June 19, 2009; WisdomTree Global ex-U.S. Growth Index thereafter.

²	MSCI Japan Value Index through June 19, 2009; MSCI AC World ex-U.S.A. Growth Index thereafter.

³	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

LOGO


WisdomTree International Dividend and Sector Funds			9

Performance Summary (unaudited)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

Sector Breakdown† as of 3/31/12‡


Industrials			21.6%
Consumer Discretionary			18.8%
Financials			12.0%
Consumer Staples			10.9%
Information Technology			10.6%
Materials			9.6%
Health Care			4.4%
Energy			1.0%
Utilities			0.6%
Other			10.5%

†	The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time.

‡	A sector may be comprised of several industries.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
Park24 Co., Ltd.		0.8%
Circle K Sunkus Co., Ltd.		0.6%
Alfresa Holdings Corp.		0.6%
Yokohama Rubber Co., Ltd. (The)		0.6%
Otsuka Corp.		0.6%
Century Tokyo Leasing Corp.		0.6%
Square Enix Holdings Co., Ltd.		0.6%
Hikari Tsushin, Inc.		0.6%
Chiyoda Co., Ltd.		0.6%
Hitachi Capital Corp.		0.6%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree Japan SmallCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Japan SmallCap Dividend Index.

The Fund returned 7.36% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its investments in the Consumer Discretionary sector. The Fund’s position in the Materials sector created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree Japan SmallCap Dividend Index			MSCI Japan Small Cap Index
One Year		7.36	%		8.10	%		8.41	%		5.15	%
Three Year		15.21	%		14.79	%		16.73	%		15.39	%
Five Year		-1.13	%		-1.09	%		-0.41	%		-2.26	%
Since Inception¹		-0.42	%		-0.12	%		0.31	%		-1.69	%

¹	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

LOGO


10		WisdomTree International Dividend and Sector Funds

Performance Summary (unaudited)

WisdomTree Asia Pacific ex-Japan Fund (AXJL)

Country Breakdown† as of 3/31/12


Australia			24.0%
Hong Kong			19.1%
Taiwan			11.7%
China			10.6%
South Korea			7.2%
Singapore			6.4%
Malaysia			6.3%
Thailand			4.6%
Indonesia			3.9%
United States			2.4%
Philippines			1.3%
New Zealand			0.1%

†	The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
China Mobile Ltd.		7.9%
China Construction Bank Corp. Class H		4.5%
Commonwealth Bank of Australia		3.3%
Westpac Banking Corp.		3.2%
Australia & New Zealand Banking Group Ltd.		2.7%
Telstra Corp., Ltd.		2.6%
WisdomTree India Earnings Fund		2.5%	��
Taiwan Semiconductor Manufacturing Co., Ltd.		2.4%
National Australia Bank Ltd.		2.3%
CNOOC Ltd.		1.9%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree Asia Pacific ex-Japan Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Asia Pacific ex-Japan Index.

The Fund returned -2.22% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its investment in Thailand. The Fund’s investment in China created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree Pacific ex-Japan Dividend/Asia Pacific ex-Japan Spliced Index¹			MSCI Pacific ex-Japan/MSCI AC Asia Pacific ex-Japan Spliced Index²
One Year		-2.22	%		-1.93	%		-1.42	%		-7.03	%
Three Year		24.46	%		24.43	%		26.07	%		25.44	%
Five Year		4.06	%		4.02	%		5.32	%		3.07	%
Since Inception³		9.25	%		9.37	%		10.50	%		7.99	%

¹	WisdomTree Pacific ex-Japan Dividend Index through June 17, 2011; WisdomTree Asia Pacific ex-Japan Index thereafter.

²	MSCI Pacific ex-Japan Index through June 17, 2011; MSCI AC Asia Pacific ex-Japan Index thereafter.

³	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

LOGO


WisdomTree International Dividend and Sector Funds			11

Performance Summary (unaudited)

WisdomTree Australia Dividend Fund (AUSE)

Sector Breakdown† as of 3/31/12


Financials			18.5%
Consumer Discretionary			14.7%
Industrials			11.4%
Consumer Staples			10.5%
Materials			7.9%
Energy			7.2%
Health Care			7.0%
Telecommunication Services			4.9%
Information Technology			3.9%
Utilities			1.6%
Other			12.4%

†	The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time.

‡	A sector may be comprised of several industries.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
Telstra Corp., Ltd.		4.4%
Metcash Ltd.		3.2%
Westpac Banking Corp.		3.0%
Australia & New Zealand Banking Group Ltd.		3.0%
Myer Holdings Ltd.		2.9%
Commonwealth Bank of Australia		2.6%
National Australia Bank Ltd.		2.5%
QBE Insurance Group Ltd.		2.5%
Toll Holdings Ltd.		2.4%
Leighton Holdings Ltd.		2.4%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree Australia Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Australia Dividend Index.

The Fund returned -3.86% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its investment in Telecommunications Services. The Fund’s investments in Consumer Discretionary created the greatest drag on performance.

The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share NAV is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other ETFS, NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of a Fund’s portfolio securities.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree Pacific ex-Japan Equity Income/ Australia Dividend Spliced Index¹			MSCI Pacific ex-Japan Value/MSCI Australia Spliced Index²
One Year		-3.86	%		-3.56	%		-3.65	%		-5.32	%
Three Year		28.55	%		28.60	%		29.26	%		27.18	%
Five Year		3.23	%		3.17	%		3.77	%		2.31	%
Since Inception³		8.67	%		8.72	%		9.29	%		7.20	%

¹	WisdomTree Pacific ex-Japan Equity Income Index through June 17, 2011; WisdomTree Australia Dividend Index thereafter.

²	MSCI Pacific ex-Japan Value Index through June 17, 2011; MSCI Australia Index thereafter.

³	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

LOGO


12		WisdomTree International Dividend and Sector Funds

Performance Summary (unaudited)

WisdomTree International LargeCap Dividend Fund (DOL)

Country Breakdown† as of 3/31/12


United Kingdom	19.6%
Australia	11.3%
France	11.2%
Japan	9.6%
Germany	8.3%
Switzerland	8.1%
Spain	5.5%
Hong Kong	5.2%
Italy	3.4%
Sweden	2.7%
Norway	1.8%
Netherlands	1.6%
Singapore	1.5%
Finland	1.0%
Belgium	0.9%
Denmark	0.3%
Portugal	0.2%
Ireland	0.2%
Austria	0.2%
United States	0.0%	^#

†	The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned.

#	Amount represents less than 0.05%.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
China Mobile Ltd.		2.6%
Vodafone Group PLC		2.3%
Nestle S.A.		2.1%
Total S.A.		1.9%
Royal Dutch Shell PLC Class A		1.8%
Commonwealth Bank of Australia		1.8%
GlaxoSmithKline PLC		1.8%
Westpac Banking Corp.		1.8%
Telefonica S.A.		1.7%
HSBC Holdings PLC		1.7%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree International LargeCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International LargeCap Dividend Index.

The Fund returned -6.02% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its investment in the United Kingdom. The Fund’s position in France created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree International LargeCap Dividend Index			MSCI EAFE Index
One Year		-6.02	%		-5.51	%		-6.08	%		-5.77	%
Three Year		15.36	%		15.28	%		15.62	%		17.13	%
Five Year		-3.35	%		-3.38	%		-3.29	%		-3.51	%
Since Inception¹		1.07	%		1.02	%		1.39	%		0.83	%

¹	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

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WisdomTree International Dividend and Sector Funds			13

Performance Summary (unaudited)

WisdomTree International Dividend ex-Financials Fund (DOO)

Country Breakdown† as of 3/31/12


United Kingdom	19.9%
Australia	15.1%
France	10.7%
Japan	9.1%
Germany	7.6%
Spain	5.2%
Italy	4.6%
Switzerland	3.1%
Netherlands	3.1%
Finland	2.6%
Belgium	2.5%
Portugal	2.4%
Sweden	2.4%
Norway	2.2%
Singapore	1.6%
Hong Kong	1.1%
Ireland	1.0%
Austria	0.7%
United States	0.0%	^#

†	The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned.

#	Amount represents less than 0.05%.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
Telstra Corp., Ltd.		3.5%
Belgacom S.A.		2.1%
Nokia Oyj		1.9%
RWE AG		1.9%
Amcor Ltd.		1.7%
SembCorp Marine Ltd.		1.7%
E.ON AG		1.7%
France Telecom S.A.		1.6%
Coca-Cola Amatil Ltd.		1.6%
ENI SpA		1.5%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree International Dividend ex-Financials Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International Dividend ex-Financials Index.

The Fund returned -7.24% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its investment in the United Kingdom. The Fund’s position in France created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree International Dividend Top 100/International Dividend ex-Financials Spliced Index¹			MSCI EAFE Value Index
One Year		-7.24	%		-7.15	%		-7.29	%		-7.83	%
Three Year		18.55	%		18.81	%		18.44	%		16.50	%
Five Year		-3.77	%		-3.86	%		-3.76	%		-5.18	%
Since Inception²		1.73	%		1.64	%		1.89	%		-0.47	%

¹	WisdomTree International Dividend Top 100 Index through May 7, 2009; WisdomTree International Dividend ex-Financials Index thereafter.

²	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

LOGO


14		WisdomTree International Dividend and Sector Funds

Performance Summary (unaudited)

WisdomTree International MidCap Dividend Fund (DIM)

Country Breakdown† as of 3/31/12


Japan			21.7%
United Kingdom			13.9%
Australia			10.5%
France			5.7%
Sweden			5.4%
Hong Kong			3.8%
Singapore			3.7%
Spain			3.5%
Italy			3.3%
Germany			2.8%
Finland			2.4%
Switzerland			2.4%
Netherlands			2.2%
Norway			2.0%
Belgium			1.6%
Portugal			1.2%
Austria			1.2%
New Zealand			0.7%
Denmark			0.5%
Ireland			0.5%
United States			0.1%

†	The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
Suncorp Group Ltd.		0.8%
Leighton Holdings Ltd.		0.7%
Legal & General Group PLC		0.7%
Amcor Ltd.		0.7%
Coca-Cola Amatil Ltd.		0.7%
Standard Life PLC		0.6%
Orica Ltd.		0.6%
Eisai Co., Ltd.		0.6%
SembCorp Marine Ltd.		0.6%
Terna Rete Elettrica Nazionale SpA		0.6%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree International MidCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International MidCap Dividend Index.

The Fund returned -7.21% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from investment in the United Kingdom. The Fund’s position in Italy created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree International MidCap Dividend Index			MSCI EAFE Mid Cap Index
One Year		-7.21	%		-6.94	%		-7.99	%		-6.65	%
Three Year		19.20	%		19.09	%		19.50	%		19.21	%
Five Year		-2.85	%		-2.96	%		-3.04	%		-4.19	%
Since Inception¹		2.80	%		2.69	%		2.79	%		0.92	%

¹	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

LOGO


WisdomTree International Dividend and Sector Funds			15

Performance Summary (unaudited)

WisdomTree International SmallCap Dividend Fund (DLS)

Country Breakdown† as of 3/31/12


Japan	33.1%
Australia	14.3%
United Kingdom	11.9%
Sweden	4.2%
Italy	3.7%
Singapore	3.2%
Germany	2.6%
New Zealand	2.4%
Norway	1.9%
Finland	1.7%
Hong Kong	1.6%
France	1.5%
Netherlands	1.4%
Spain	1.2%
Austria	1.0%
Belgium	0.8%
Portugal	0.7%
Ireland	0.7%
Denmark	0.4%
Switzerland	0.3%
United States	0.0%	^#

†	The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned.

#	Amount represents less than 0.05%.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
Provident Financial PLC		0.7%
Monadelphous Group Ltd.		0.6%
Cable & Wireless Communications PLC		0.6%
Vector Ltd.		0.6%
Rallye S.A.		0.6%
Envestra Ltd.		0.6%
Consolidated Media Holdings Ltd.		0.5%
Myer Holdings Ltd.		0.5%
Aker ASA Class A		0.5%
Oesterreichische Post AG		0.5%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree International SmallCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International SmallCap Dividend Index.

The Fund returned -3.41% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its investment in Japan. The Fund’s position in Australia created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree International SmallCap Dividend Index			MSCI EAFE Small Cap Index
One Year		-3.41	%		-2.69	%		-3.60	%		-6.23	%
Three Year		23.33	%		23.25	%		24.23	%		24.12	%
Five Year		-2.56	%		-2.62	%		-2.07	%		-2.55	%
Since Inception¹		3.01	%		3.00	%		3.38	%		2.05	%

¹	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 16, 2006.

LOGO


16		WisdomTree International Dividend and Sector Funds

Performance Summary (unaudited)

WisdomTree Emerging Markets Equity Income Fund (DEM)

Country Breakdown† as of 3/31/12


Taiwan			20.9%
Brazil			20.6%
South Africa			9.2%
Malaysia			9.0%
Chile			5.1%
Thailand			4.2%
Turkey			3.8%
South Korea			3.7%
Israel			3.3%
Czech Republic			3.2%
China			2.8%
Poland			2.3%
Philippines			2.3%
Mexico			2.0%
Indonesia			1.8%
Argentina			1.5%
Russia			1.4%
Hungary			0.3%
United States			0.1%

†	The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
Taiwan Semiconductor Manufacturing Co., Ltd.		4.1%
Cia de Bebidas das Americas		3.4%
Banco do Brasil S.A.		2.6%
Banco Santander Brasil S.A.		2.4%
Malayan Banking Bhd		2.3%
Kumba Iron Ore Ltd.		2.3%
Bank of China Ltd. Class H		2.0%
Cielo S.A.		1.9%
Advanced Info Service PCL		1.9%
Turk Telekomunikasyon A.S.		1.8%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree Emerging Markets Equity Income Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Emerging Markets Equity Income Index.

The Fund returned -1.03% for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its investment in Brazil. The Fund’s investment in Israel created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree Emerging Markets Equity Income Index			MSCI Emerging Markets Index
One Year		-1.03	%		-1.48	%		-0.35	%		-8.80	%
Three Year		27.46	%		27.19	%		28.99	%		25.07	%
Since Inception¹		6.80	%		6.26	%		7.75	%		0.20	%

¹	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on July 13, 2007.

LOGO


WisdomTree International Dividend and Sector Funds			17

Performance Summary (unaudited)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

Country Breakdown† as of 3/31/12


Taiwan			25.7%
Thailand			12.1%
South Africa			10.4%
South Korea			8.7%
Malaysia			7.6%
Israel			6.9%
Brazil			6.2%
China			4.1%
Turkey			3.7%
Philippines			3.2%
Chile			3.1%
Indonesia			2.0%
Mexico			1.8%
Argentina			1.7%
United States			0.8%
Poland			0.4%
Russia			0.1%

†	The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
Pretoria Portland Cement Co., Ltd.		1.1%
Cia de Saneamento de Minas Gerais-COPASA		1.0%
BEC World PCL		0.9%
Farglory Land Development Co., Ltd.		0.9%
Life Healthcare Group Holdings Ltd.		0.9%
Partner Communications Co., Ltd.		0.8%
U-Ming Marine Transport Corp.		0.8%
Glow Energy PCL		0.8%
WisdomTree India Earnings Fund		0.7%
Reunert Ltd.		0.7%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree Emerging Markets SmallCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Emerging Markets SmallCap Dividend Index.

The Fund returned -6.88% for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from investment in Thailand. The Fund’s position in Israel created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree Emerging Markets SmallCap Dividend Index			MSCI Emerging Markets Small Cap Index
One Year		-6.88	%		-6.62	%		-6.34	%		-12.70	%
Three Year		28.87	%		29.23	%		30.83	%		30.88	%
Since Inception¹		1.80	%		1.98	%		2.79	%		-2.48	%

¹	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on October 30, 2007.

LOGO


18		WisdomTree International Dividend and Sector Funds

Performance Summary (unaudited)

WisdomTree Middle East Dividend Fund (GULF)

Country Breakdown† as of 3/31/12


Qatar			35.2%
Kuwait			27.0%
United Arab Emirates			19.9%
Morocco			10.8%
Oman			5.3%
Jordan			1.8%

†	The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
Mobile Telecommunications Co. KSC		13.0%
Maroc Telecom S.A.		9.6%
Industries Qatar QSC		8.0%
Qatar National Bank SAQ		4.8%
National Bank of Kuwait		4.5%
Qatar Telecom Q-Tel QSC		4.5%
Oman Telecommunications Co. SAOG		3.8%
National Bank of Abu Dhabi PJSC		3.7%
First Gulf Bank PJSC		3.6%
Commercial Bank of Qatar QSC (The)		3.6%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree Middle East Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Middle East Dividend Index.

The Fund returned 1.35% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Qatar. The Fund’s position in Kuwait created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree Middle East Dividend Index			MSCI Arabian Markets ex-Saudi Arabia Index
One Year		1.35	%		-1.44	%		0.00	%		-3.34	%
Three Year		13.96	%		13.34	%		15.90	%		11.24	%
Since Inception¹		-8.14	%		-8.68	%		-6.58	%		-13.33	%

¹	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on July 16, 2008.

LOGO


WisdomTree International Dividend and Sector Funds			19

Performance Summary (unaudited)

WisdomTree International Hedged Equity Fund (HEDJ)

Country Breakdown† as of 3/31/12


United Kingdom			19.1%
Japan			14.1%
Australia			12.1%
France			9.9%
Germany			7.3%
Switzerland			6.9%
Spain			5.1%
Hong Kong			5.0%
Sweden			3.5%
Italy			3.4%
Singapore			2.2%
Norway			1.9%
Netherlands			1.9%
Finland			1.5%
Belgium			1.1%
Portugal			0.6%
Austria			0.5%
Denmark			0.4%
New Zealand			0.3%
Ireland			0.2%
United States			0.2%

†	The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
China Mobile Ltd.		1.9%
Vodafone Group PLC		1.8%
Nestle S.A.		1.5%
Total S.A.		1.5%
Westpac Banking Corp.		1.3%
Commonwealth Bank of Australia		1.3%
Telefonica S.A.		1.3%
GlaxoSmithKline PLC		1.3%
HSBC Holdings PLC		1.3%
Novartis AG		1.2%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree International Hedged Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree DEFA International Hedged Equity Index.

The Fund returned -4.41% for the fiscal year ended March 31, 2012 (for more complete information please see the chart below). The Fund’s performance benefited most from its investment in the Consumer Staples sector. The Financials sector created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree DEFA International Hedged Equity Index			MSCI EAFE Local Currency Index
One Year		-4.41	%		-3.23	%		-4.15	%		-4.12	%
Since Inception¹		0.30	%		1.14	%		0.91	%		0.66	%

¹	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on December 31, 2009.

LOGO


20		WisdomTree International Dividend and Sector Funds

Performance Summary (unaudited)

WisdomTree Commodity Country Equity Fund (CCXE)

Country Breakdown† as of 3/31/12


South Africa	12.0%
New Zealand	11.7%
Chile	11.5%
Brazil	11.5%
Australia	11.4%
Canada	11.4%
Norway	11.3%
Russia	10.6%
United States	0.0%	^#

†	The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned.

#	Amount represents less than 0.05%.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
Statoil ASA		5.5%
Gazprom OAO ADR		3.1%
Telecom Corp. of New Zealand Ltd.		2.8%
Kumba Iron Ore Ltd.		2.2%
Lukoil OAO ADR		1.9%
Commonwealth Bank of Australia		1.8%
Telenor ASA		1.8%
Westpac Banking Corp.		1.8%
Petroleo Brasileiro S.A.		1.8%
Royal Bank of Canada		1.7%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree Commodity Country Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Commodity Country Equity Index.

The Fund returned -1.77% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in South Africa. The Fund’s position in Russia created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree International Basic Materials Sector/Commodity Country Equity Spliced Index¹			S&P Developed ex-U.S. BMI Materials sector/ MSCI ACWI ex-USA Spliced Index²
One Year		-1.77	%		-1.96	%		-1.29	%		-9.84	%
Three Year		28.34	%		27.84	%		29.25	%		26.75	%
Five Year		2.75	%		2.48	%		3.43	%		N/A
Since Inception³		6.91	%		6.78	%		7.68	%		-0.09	%

¹	WisdomTree International Basic Materials Sector Index through June 17, 2011; WisdomTree Commodity Country Equity Index thereafter.

²	S&P Developed ex-U.S. BMI Materials sector Index through June 17, 2011; MSCI ACWI ex-USA Index thereafter.

³	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on October 13, 2006. The S&P Developed ex-U.S. Sector Index total returns are based on the index’s inception date of April 1, 2008.

LOGO


WisdomTree International Dividend and Sector Funds			21

Performance Summary (unaudited)

WisdomTree Global Natural Resources Fund (GNAT)

Country Breakdown† as of 3/31/12


United States			18.2%
United Kingdom			15.8%
Russia			8.8%
Canada			8.4%
Australia			5.9%
South Africa			5.3%
Mexico			4.4%
Italy			4.1%
France			3.9%
Malaysia			3.1%
Norway			3.1%
Brazil			2.3%
Japan			1.8%
Spain			1.7%
China			1.6%
Thailand			1.4%
Switzerland			1.4%
Israel			1.3%
Hong Kong			1.1%
Indonesia			0.8%
Germany			0.7%
Singapore			0.6%
Poland			0.5%

†	The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
Kumba Iron Ore Ltd.		4.2%
ENI SpA		3.3%
Industrias Penoles S.A.B de C.V.		3.2%
Royal Dutch Shell PLC Class B		3.2%
Crescent Point Energy Corp.		3.0%
Southern Copper Corp.		2.9%
Antofagasta PLC		2.8%
Total S.A.		2.8%
Statoil ASA		2.6%
Diamond Offshore Drilling, Inc.		2.6%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree Global Natural Resources Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global Natural Resources Index.

The Fund returned -12.70% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its investment in Mexico. The Fund’s investment in Russia created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree International Energy Sector/Global Natural Resources Spliced Index¹			S&P Developed ex-U.S. BMI Energy sector/S&P Global Natural Resources Spliced Index²
One Year		-12.70	%		-12.78	%		-12.29	%		-13.92	%
Three Year		14.35	%		14.57	%		14.86	%		15.95	%
Five Year		1.39	%		1.29	%		1.63	%		N/A
Since Inception³		3.45	%		3.32	%		3.81	%		-0.73	%

¹	WisdomTree International Energy Sector Index through June 17, 2011; WisdomTree Global Natural Resources Index thereafter.

²	S&P Developed ex-U.S. BMI Energy sector Index through June 17, 2011; S&P Global Natural Resources Index thereafter.

³	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on October 13, 2006. The S&P Developed ex-U.S. BMI Energy Sector Index total returns are based on the index’s inception date of April 1, 2008.

LOGO


22		WisdomTree International Dividend and Sector Funds

Performance Summary (unaudited)

WisdomTree Global ex-U.S. Utilities Fund (DBU)

Country Breakdown† as of 3/31/12


Brazil			12.8%
Japan			11.2%
United Kingdom			10.3%
Chile			6.7%
Italy			6.0%
Canada			5.8%
Spain			5.1%
Hong Kong			4.1%
Malaysia			3.6%
Germany			3.5%
France			3.5%
Philippines			2.3%
Thailand			2.3%
Australia			1.5%
Portugal			1.3%
Czech Republic			1.1%
Belgium			1.1%
Austria			1.0%
Indonesia			0.8%
Finland			0.7%
New Zealand			0.7%
Switzerland			0.6%
Poland			0.5%
South Korea			0.5%
United States			0.5%
China			0.2%

†	The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
Light S.A.		2.8%
Cia Energetica de Minas Gerais		2.6%
AES Tiete S.A.		2.4%
Drax Group PLC		2.3%
RWE AG		2.2%
Just Energy Group, Inc.		2.1%
Aguas Andinas S.A. Class A		2.0%
E.ON AG		1.9%
Cia de Saneamento de Minas Gerais-COPASA		1.7%
AGL Energy Ltd.		1.7%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree Global ex-U.S. Utilities Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global ex-U.S. Utilities Index.

The Fund returned -7.41% at net asset value (“NAV”) for the fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its investment in the United Kingdom. Investment in France created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree International Utilities Sector/Global ex-U.S. Utilities Spliced Index¹			S&P Developed ex-U.S. BMI Utilities sector Index
One Year		-7.41	%		-7.34	%		-.8.04	%		-13.10	%
Three Year		6.87	%		6.66	%		6.66	%		4.12	%
Five Year		-4.70	%		-4.91	%		-4.64	%		N/A
Since Inception²		-1.19	%		-1.30	%		-1.06	%		-9.31	%

¹	WisdomTree International Utilities Sector Index through June 17, 2011; WisdomTree Global ex-U.S. Utilities Index thereafter.

²	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on October 13, 2006. The S&P Developed ex-U.S. BMI Utilities sector Index total returns are based on the index’s inception date of April 1, 2008

LOGO


WisdomTree International Dividend and Sector Funds			23

Performance Summary (unaudited)

WisdomTree Global ex-U.S. Real Estate Fund (DRW)

Country Breakdown† as of 3/31/12


Australia	23.3%
Hong Kong	18.8%
Canada	9.1%
Singapore	7.5%
France	7.5%
Japan	5.6%
United Kingdom	4.8%
South Africa	3.6%
Netherlands	2.2%
Sweden	1.4%
Brazil	1.2%
Taiwan	1.0%
Philippines	0.9%
Switzerland	0.9%
China	0.8%
Thailand	0.8%
Belgium	0.7%
Israel	0.5%
Germany	0.4%
Turkey	0.3%
Finland	0.2%
Malaysia	0.2%
Italy	0.1%
Austria	0.1%
Chile	0.1%
Indonesia	0.1%
Norway	0.0%	^#

†	The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned.

#	Amount represents less than 0.05%.

Top Ten Holdings* as of 3/31/12



Description	% of Net Assets
Westfield Group		9.4%
Sun Hung Kai Properties Ltd.		3.4%
Cheung Kong Holdings Ltd.		3.3%
Stockland		3.0%
Unibail-Rodamco SE		2.7%
CFS Retail Property Trust		2.1%
GPT Group		2.1%
RioCan Real Estate Investment Trust		1.6%
Mirvac Group		1.6%
Daito Trust Construction Co., Ltd.		1.6%

*	The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company.

The WisdomTree Global ex-U.S. Real Estate Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global ex-U.S. Real Estate Index.

The Fund returned -3.99% at net asset value (“NAV”) for fiscal year ended March 31, 2012 (for more complete performance information please see the chart below). The Fund’s performance benefited most from its position in Canada. The Fund’s position in Hong Kong created the greatest drag on performance.

Performance as of 3/31/12


	Average Annual Total Return
	Fund Net Asset Value			Fund Market Price			WisdomTree International Real Estate/Global ex-U.S. Real Estate Spliced Index¹			Dow Jones Global ex-U.S. Select Real Estate Securities Index
One Year		-3.99	%		-4.32	%		-4.10	%		-0.95	%
Three Year		25.72	%		25.39	%		26.17	%		26.63	%
Since Inception²		-7.01	%		-7.19	%		-6.91	%		-7.50	%

¹	WisdomTree International Real Estate Index through June 17, 2011; WisdomTree Global ex-U.S. Real Estate Index thereafter.

²	Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on June 5, 2007.

LOGO


24		WisdomTree International Dividend and Sector Funds

Description of Indexes (unaudited)

Below are descriptions of each Index referenced in this Report:

The WisdomTree DEFA Index measures the performance of dividend-paying companies in the industrialized world, excluding Canada and the United States.

The WisdomTree DEFA International Hedged Equity Index measures the performance of dividend-paying companies in the industrialized world, excluding Canada and the United States, and is designed to neutralize exposure to fluctuations between the value of the U.S. dollar and non-U.S. currencies reflected in the index. This index is based on the WisdomTree DEFA Index.

The WisdomTree DEFA Equity Income Index measures the performance of companies with high dividend yields selected from the WisdomTree DEFA Index.

The WisdomTree Global Equity Income Index measures the performance of high dividend-paying companies selected from the WisdomTree Dividend Index and the WisdomTree World ex-U.S. Index.

The WisdomTree Europe Equity Income Index measures the performance of companies with high dividend yields selected from the WisdomTree Europe Dividend Index.

The WisdomTree Europe SmallCap Dividend Index measures the performance of the small-capitalization segment of the European dividend-paying market.

The WisdomTree Japan Dividend Index measures the performance of dividend-paying companies incorporated in Japan, listed on the Tokyo Stock Exchange and that meet other requirements necessary to be included in the WisdomTree DEFA Index.

The WisdomTree Global ex-U.S. Growth Index measures the stock performance of growth companies selected from developed and emerging markets outside the U.S.

The WisdomTree Japan Equity Income Index measures the performance of companies with high dividend yields selected from the WisdomTree Japan Dividend Index.

The WisdomTree Japan SmallCap Dividend Index measures the performance of dividend-paying small-capitalization companies in Japan.

The WisdomTree Japan Hedged Equity Index is designed to provide exposure to Japanese equity markets while at the same time neutralizing exposure to fluctuations of the Japanese Yen movements relative to the U.S. dollar. This index is based on the WisdomTree Japan Dividend Index.

The WisdomTree Pacific ex-Japan Dividend Index measures the performance of dividend-paying companies incorporated in the Pacific region, excluding Japan.

The WisdomTree Asia Pacific ex-Japan Index measures the performance of dividend-paying companies incorporated in emerging market and developed countries in the Pacific region, excluding Japan.

The WisdomTree Pacific ex-Japan Equity Income Index measures the performance of companies with high dividend yields selected from the WisdomTree Pacific ex-Japan Dividend Index.

The WisdomTree Australia Dividend Index measures the performance of dividend-paying companies incorporated in Australia.

The WisdomTree International LargeCap Dividend Index measures the performance of the large-capitalization segment of the dividend-paying market in the industrialized world outside the U.S. and Canada.

The WisdomTree International Dividend ex-Financials Index measures the performance of high dividend-yielding international stocks outside the financial sector.

The WisdomTree International Dividend Top 100 Index measures the performance of the 100 highest dividend-yielding companies in the WisdomTree International LargeCap Dividend Index.

The WisdomTree International MidCap Dividend Index measures the performance of the mid-capitalization segment of the dividend-paying market in the industrialized world outside the U.S. and Canada.


WisdomTree International Dividend and Sector Funds			25

Description of Indexes (unaudited) (continued)

The WisdomTree International SmallCap Dividend Index measures the performance of the small-capitalization segment of the dividend-paying market in the industrialized world outside the U.S. and Canada.

The WisdomTree Emerging Markets Equity Income Index measures the performance of the highest dividend-yielding stocks selected from the WisdomTree Emerging Markets Dividend Index.

The WisdomTree Emerging Markets SmallCap Dividend Index measures the performance of primarily small-capitalization stocks selected from the WisdomTree Emerging Markets Dividend Index.

The WisdomTree Middle East Dividend Index measures the performance of companies in the Middle East region that pay regular cash dividends on shares of common stock and that meet specified requirements as of the index measurement date.

The WisdomTree International Sector Indexes which encompasses Basic Materials, Energy and Utilities, are derived from the WisdomTree DEFA Index, and measure the performance of dividend-paying companies in developed markets outside the U.S. and Canada, within their specific international sectors.

The WisdomTree Commodity Country Equity Index measures the performance of dividend-paying companies in developed and emerging market countries outside the U.S. and Canada in the Commodities sector.

The WisdomTree Global Natural Resources Index measures the performance of dividend-paying companies in developed and emerging market countries outside the U.S. and Canada in the Natural Resources sector.

The WisdomTree Global ex-U.S. Utilities Index measures the performance of dividend-paying companies in developed and emerging market countries outside the U.S. and Canada in the Utilities sector.

The WisdomTree International Real Estate Index measures the performance of companies in developed markets outside of the U.S. and Canada that pay regular cash dividends and that WisdomTree Investments classifies as being part of the International Real Estate sector.

The WisdomTree Global ex-U.S. Real Estate Index measures the performance of companies in developed and emerging markets outside of Canada and the U.S., which WisdomTree classifies as being Global Real Estate securities.

The MSCI EAFE Index is a market cap-weighted index composed of companies representative of the developed market structure of 21 developed countries in Europe, Australasia and Japan.

The MSCI EAFE Value Index measures the performance of value stocks in the MSCI EAFE Index.

The MSCI EAFE Mid Cap Index is a free float-adjusted market capitalization index that is designed to measure the performance of mid-capitalization equities in the developed markets excluding the U.S. & Canada.

The MSCI EAFE Small Cap Index measures the performance of small-capitalization stocks in the MSCI EAFE Index.

The MSCI Europe Small Cap Index measures the performance of small-capitalization stocks in the MSCI Europe Index.

The MSCI Europe Value Index measures the performance of value stocks in the MSCI Europe Index.

The MSCI AC World Index measures the performance of the world stock market indexes covered by MSCI.

The MSCI Pacific ex-Japan Index is a subset of the MSCI EAFE Index and measures the performance of stocks in Australia, Hong Kong, Singapore and New Zealand.

The MSCI AC Asia Pacific ex-Japan Index measures the performance of large- and mid-capitalization segments of emerging market and developed market countries in the Asia Pacific region, excluding Japan.


26		WisdomTree International Dividend and Sector Funds

Description of Indexes (unaudited) (continued)

The MSCI Pacific ex-Japan Value Index measures the performance of value stocks in the MSCI Pacific ex-Japan Index.

The MSCI Australia Index measures the performance of large- and mid-capitalization segments of the Australia market.

The MSCI Japan Index is a capitalization weighted index that measures the performance of stocks in Japan.

The MSCI Japan Value Index measures the performance of value stocks in the MSCI Japan Index.

The MSCI ACWI ex-U.S.A. Index measures the performance of large- and mid-capitalization segments of the developed and emerging markets covered by MSCI, excluding the U.S.

The MSCI AC World ex-U.S.A. Growth Index measures the performance of growth stocks in the developed and emerging markets covered by MSCI excluding the U.S.

The MSCI Japan Small Cap Index measures the performance of small cap stocks in the MSCI Japan Index.

The MSCI Japan Local Currency Index is a free float-adjusted market capitalization index that is designed to measure developed market equity performance in Japan and uses the same methodology as its corresponding MSCI Japan Index. The price used for each security in the local currency index is the local price, on the primary exchange on which a security is traded, with no conversion into U.S. dollars.

The MSCI Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure emerging markets equity performance.

The MSCI Emerging Markets Small Cap Index is a free float-adjusted market capitalization index that is designed to measure the performance of small capitalization equities in the emerging markets.

The MSCI Arabian Markets ex-Saudi Arabia Index is a free float-adjusted market capitalization index that is designed to measure the performance of stocks in the Gulf Cooperation Council (GCC) countries and the neighboring region: the United Arab Emirates, Kuwait, Qatar, Bahrain, Oman, Egypt, Jordan, and Morocco.

The MSCI EAFE Local Currency Index is a free float-adjusted market capitalization weighted index that is designed to measure developed market equity performance, excluding the U.S. and Canada. The index is calculated using the same methodology as its corresponding MSCI EAFE Index in U.S. dollars, with the key difference being the currency in which the securities are quoted in. The price used for each security in the local currency index is the local price, on the primary exchange on which a security is traded, with no conversion into U.S. dollars.

The S&P Developed ex-U.S. BMI Sector Indexes are indexes that track specific sectors of developed global markets outside the United States.

The S&P Global Natural Resources Index is comprised of the largest publicly traded companies in natural resources and commodities businesses that meet specific investability requirements.

The Dow Jones Global ex-U.S. Select Real Estate Securities Index is a float-adjusted market capitalization weighted index that defines and measures the investable universe of publicly traded real estate securities in countries outside the U.S.

Index performance information assumes the reinvestment of net dividends and excludes management fees, transaction costs and expenses. You cannot directly invest in an index.


WisdomTree International Dividend and Sector Funds			27

Description of Indexes (unaudited) (concluded)

expressly disclaim all warranties of originality, accuracy, completeness, merchantability and fitness for a particular purpose with respect to any such standard or classification. Without limiting any of the foregoing, in no event shall MSCI, S&P, any of their affiliates or any third party involved in making or compiling the GICS or any GICS classifications have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.


28		WisdomTree International Dividend and Sector Funds

Shareholder Expense Examples (unaudited)

The example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period from October 1, 2011 to March 31, 2012.

Actual expenses

Hypothetical example for comparison purposes


WisdomTree International Dividend and Sector Funds			29

Shareholder Expense Examples (unaudited) (continued)


	Beginning Account Value 10/01/11		Ending Account Value 3/31/12		Annualized Expense Ratio Based on the Period 10/01/11 to 3/31/12	Expenses Paid During the Period† 10/01/11 to 3/31/12
WisdomTree DEFA Fund
Actual	$	1,000.00	$	1,122.25	0.48%	$	2.55
Hypothetical (5% return before expenses)	$	1,000.00	$	1,022.60	0.48%	$	2.43
WisdomTree DEFA Equity Income Fund
Actual	$	1,000.00	$	1,099.95	0.58%	$	3.04
Hypothetical (5% return before expenses)	$	1,000.00	$	1,022.10	0.58%	$	2.93
WisdomTree Global Equity Income Fund
Actual	$	1,000.00	$	1,128.63	0.58%	$	3.09
Hypothetical (5% return before expenses)	$	1,000.00	$	1,022.10	0.58%	$	2.93
WisdomTree Europe SmallCap Dividend Fund
Actual	$	1,000.00	$	1,171.60	0.58%	$	3.15
Hypothetical (5% return before expenses)	$	1,000.00	$	1,022.10	0.58%	$	2.93
WisdomTree Japan Hedged Equity Fund
Actual	$	1,000.00	$	1,116.78	0.48%	$	2.54
Hypothetical (5% return before expenses)	$	1,000.00	$	1,022.60	0.48%	$	2.43
WisdomTree Global ex-U.S. Growth Fund
Actual	$	1,000.00	$	1,177.20	0.58%	$	3.16
Hypothetical (5% return before expenses)	$	1,000.00	$	1,022.10	0.58%	$	2.93
WisdomTree Japan SmallCap Dividend Fund
Actual	$	1,000.00	$	1,031.79	0.58%	$	2.95
Hypothetical (5% return before expenses)	$	1,000.00	$	1,022.10	0.58%	$	2.93
WisdomTree Asia Pacific ex-Japan Fund
Actual	$	1,000.00	$	1,174.60	0.48%	$	2.61
Hypothetical (5% return before expenses)	$	1,000.00	$	1,022.60	0.48%	$	2.43
WisdomTree Australia Dividend Fund
Actual	$	1,000.00	$	1,190.80	0.58%	$	3.18
Hypothetical (5% return before expenses)	$	1,000.00	$	1,022.10	0.58%	$	2.93
WisdomTree International LargeCap Dividend Fund
Actual	$	1,000.00	$	1,125.60	0.48%	$	2.55
Hypothetical (5% return before expenses)	$	1,000.00	$	1,022.60	0.48%	$	2.43
WisdomTree International Dividend ex-Financials Fund
Actual	$	1,000.00	$	1,094.05	0.58%	$	3.04
Hypothetical (5% return before expenses)	$	1,000.00	$	1,022.10	0.58%	$	2.93
WisdomTree International MidCap Dividend Fund
Actual	$	1,000.00	$	1,115.21	0.58%	$	3.07
Hypothetical (5% return before expenses)	$	1,000.00	$	1,022.10	0.58%	$	2.93
WisdomTree International SmallCap Dividend Fund
Actual	$	1,000.00	$	1,120.89	0.58%	$	3.08
Hypothetical (5% return before expenses)	$	1,000.00	$	1,022.10	0.58%	$	2.93
WisdomTree Emerging Markets Equity Income Fund
Actual	$	1,000.00	$	1,199.44	0.63%	$	3.46
Hypothetical (5% return before expenses)	$	1,000.00	$	1,021.85	0.63%	$	3.18
WisdomTree Emerging Markets SmallCap Dividend Fund
Actual	$	1,000.00	$	1,206.51	0.63%	$	3.48
Hypothetical (5% return before expenses)	$	1,000.00	$	1,021.85	0.63%	$	3.18
WisdomTree Middle East Dividend Fund
Actual	$	1,000.00	$	1,066.40	0.88%	$	4.55
Hypothetical (5% return before expenses)	$	1,000.00	$	1,020.60	0.88%	$	4.45
WisdomTree International Hedged Equity Fund
Actual	$	1,000.00	$	1,116.27	0.58%	$	3.07
Hypothetical (5% return before expenses)	$	1,000.00	$	1,022.10	0.58%	$	2.93


30		WisdomTree International Dividend and Sector Funds

Shareholder Expense Examples (unaudited) (concluded)


	Beginning Account Value 10/01/11		Ending Account Value 3/31/12		Annualized Expense Ratio Based on the Period 10/01/11 to 3/31/12	Expenses Paid During the Period† 10/01/11 to 3/31/12
WisdomTree Commodity Country Equity Fund
Actual	$	1,000.00	$	1,208.16	0.58%	$	3.20
Hypothetical (5% return before expenses)	$	1,000.00	$	1,022.10	0.58%	$	2.93
WisdomTree Global Natural Resources Fund
Actual	$	1,000.00	$	1,190.91	0.58%	$	3.18
Hypothetical (5% return before expenses)	$	1,000.00	$	1,022.10	0.58%	$	2.93
WisdomTree Global ex-U.S. Utilities Fund
Actual	$	1,000.00	$	1,073.00	0.58%	$	3.01
Hypothetical (5% return before expenses)	$	1,000.00	$	1,022.10	0.58%	$	2.93
WisdomTree Global ex-U.S. Real Estate Fund
Actual	$	1,000.00	$	1,166.59	0.58%	$	3.14
Hypothetical (5% return before expenses)	$	1,000.00	$	1,022.10	0.58%	$	2.93

†	Expenses are calculated using each Fund’s annualized expense ratio, multiplied by the average account value for the period, multiplied by 183/366 (to reflect one-half year period).


WisdomTree International Dividend and Sector Funds			31

Schedule of Investments

WisdomTree DEFA Fund (DWM)

March 31, 2012


Investments	Shares		Value

COMMON STOCKS – 99.2%
Australia – 12.4%
Adelaide Brighton Ltd.		56,548	$	169,885
AGL Energy Ltd.		22,141		338,320
Alumina Ltd.		91,077		116,524
Amalgamated Holdings Ltd.		28,798		184,966
Amcor Ltd.		65,727		506,588
AMP Ltd.		137,923		617,247
APN News & Media Ltd.		117,232		109,909
Australia & New Zealand Banking Group Ltd.		175,019		4,217,290
Automotive Holdings Group		58,063		143,158
Bank of Queensland Ltd.^(a)		23,999		180,994
Bank of Queensland Ltd. Placement Shares^*		4,828		36,411
Bendigo and Adelaide Bank Ltd.		35,962		288,725
BHP Billiton Ltd.		83,390		2,989,883
Billabong International Ltd.^(a)		22,271		64,139
Boral Ltd.		33,914		141,587
Bradken Ltd.		15,894		141,273
Brambles Ltd.		60,355		443,926
Caltex Australia Ltd.		18,221		262,188
Campbell Brothers Ltd.		3,394		236,382
carsales.com Ltd.^(a)		26,443		152,035
Coca-Cola Amatil Ltd.		37,659		486,490
Cochlear Ltd.		2,449		157,043
Commonwealth Bank of Australia		102,401		5,314,722
Computershare Ltd.		24,081		224,520
Consolidated Media Holdings Ltd.		71,709		216,175
Crown Ltd.		39,400		354,695
CSL Ltd.		16,790		624,256
CSR Ltd.		95,882		178,792
David Jones Ltd.^(a)		55,111		137,592
Envestra Ltd.^(b)		291,956		234,400
Fleetwood Corp., Ltd.		12,911		163,845
Flight Centre Ltd.^(a)		6,591		150,215
Fortescue Metals Group Ltd.		21,271		128,027
GUD Holdings Ltd.		15,854		135,005
GWA Group Ltd.^(a)		57,869		128,891
Harvey Norman Holdings Ltd.^(a)		78,317		163,076
Incitec Pivot Ltd.		52,233		170,449
Insurance Australia Group Ltd.		92,504		325,820
IOOF Holdings Ltd.		31,197		186,801
Iress Market Technology Ltd.		16,774		121,639
JB Hi-Fi Ltd.^(a)		8,827		100,222
Leighton Holdings Ltd.		24,066		531,532
Lend Lease Group^(b)		28,442		220,100
Macquarie Group Ltd.		22,405		674,960
Metcash Ltd.		65,387		291,272
Monadelphous Group Ltd.		8,330		206,244
Myer Holdings Ltd.^(a)		66,586		161,413
National Australia Bank Ltd.		140,824		3,588,809
Navitas Ltd.		29,660		109,078
New Hope Corp., Ltd.^(a)		31,613		173,245
Newcrest Mining Ltd.		7,377		226,820
NIB Holdings Ltd.		145,583		223,963

OneSteel Ltd.		128,788	$	165,438
Orica Ltd.		14,838		429,939
Origin Energy Ltd.		33,335		461,021
OZ Minerals Ltd.		20,469		206,959
Perpetual Ltd.		6,212		163,393
Platinum Asset Management Ltd.^(a)		58,821		247,398
QBE Insurance Group Ltd.		85,508		1,255,207
Ramsay Health Care Ltd.		8,331		168,726
Rio Tinto Ltd.		7,423		502,916
Santos Ltd.		25,575		377,280
Seven West Media Ltd.^(a)		38,851		157,368
Sonic Healthcare Ltd.		24,742		320,906
Suncorp Group Ltd.		58,957		513,042
TABCORP Holdings Ltd.		111,551		314,326
Tatts Group Ltd.		84,757		217,754
Telstra Corp., Ltd.		1,269,054		4,325,284
Toll Holdings Ltd.		45,786		278,426
Transfield Services Ltd.		37,714		96,893
UGL Ltd.		12,797		174,993
Wesfarmers Ltd.		53,497		1,663,714
Wesfarmers Ltd. PPS		9,006		288,290
Westpac Banking Corp.		228,736		5,187,031
Woodside Petroleum Ltd.		22,062		795,587
Woolworths Ltd.		58,858		1,584,102
WorleyParsons Ltd.		8,149		241,693
Wotif.com Holdings Ltd.^(a)		21,959		104,415

Total Australia				47,693,642
Austria – 0.5%
Andritz AG^(a)		1,965		192,020
Bank Austria Creditanstalt AG^*†(c)		3,774		—
Oesterreichische Post AG		5,303		184,318
OMV AG		9,611		341,093
Strabag SE		5,802		176,513
Telekom Austria AG		32,950		383,156
Verbund AG^(a)		5,718		173,690
Vienna Insurance Group AG Wiener Versicherung Gruppe		4,611		203,065
Voestalpine AG		3,872		130,017

Total Austria				1,783,872
Belgium – 1.3%
Ageas		100,421		220,388
Anheuser-Busch InBev N.V.		26,484		1,932,021
Belgacom S.A.		25,061		804,474
Colruyt S.A.		4,352		174,678
Delhaize Group S.A.		2,946		154,770
Elia System Operator S.A./N.V.		6,590		278,635
EVS Broadcast Equipment S.A.		1,985		102,776
KBC Groep N.V.		8,888		222,638
Mobistar S.A.		3,494		173,788
NV Bekaert S.A.		2,460		79,131
Solvay S.A.		1,548		182,997
Tessenderlo Chemie N.V.		3,456		115,197
UCB S.A.		5,787		249,307

See Notes to Financial Statements.


32		WisdomTree International Dividend and Sector Funds

Schedule of Investments (continued)

WisdomTree DEFA Fund (DWM)

March 31, 2012


Investments	Shares		Value

Umicore S.A.		3,400	$	187,020

Total Belgium				4,877,820
Denmark – 0.4%
Carlsberg A/S Class B^(a)		1,303		107,523
Coloplast A/S Class B		937		162,022
D/S Norden		4,181		124,235
FLSmidth & Co. A/S^(a)		1,757		123,160
H. Lundbeck A/S^(a)		7,380		147,691
Novo Nordisk A/S Class B		6,311		872,676
Novozymes A/S Class B		4,813		139,999
Pandora A/S^(a)		3,866		44,670

Total Denmark				1,721,976
Finland – 1.4%
Alma Media Oyj^(a)		20,215		143,754
Elisa Oyj^(a)		10,214		244,428
Fortum Oyj		28,356		687,263
Kone Oyj Class B		5,278		293,589
Metso Oyj^(a)		5,866		250,367
Nokia Oyj		274,888		1,494,291
Nokian Renkaat Oyj		3,150		153,280
Orion Oyj Class B		9,624		189,937
Pohjola Bank PLC Class A^(a)		16,235		179,555
Sampo Oyj Class A		21,711		626,535
Sanoma Oyj^(a)		15,524		198,464
Stora Enso Oyj Class R		18,008		133,575
Tieto Oyj		9,180		172,250
UPM-Kymmene Oyj^(a)		19,139		260,226
Wartsila Oyj Abp		7,756		292,095
YIT Oyj		6,459		138,655

Total Finland				5,458,264
France – 10.2%
Accor S.A.		7,169		255,572
Aeroports de Paris		2,618		214,552
Air Liquide S.A.		5,702		759,031
Alstom S.A.		7,385		287,760
Arkema S.A.		1,577		146,733
AXA S.A.		79,002		1,307,722
BNP Paribas S.A.		37,911		1,796,042
Bourbon S.A.		3,234		96,126
Bouygues S.A.		15,614		476,787
Cap Gemini S.A.		4,343		194,097
Carrefour S.A.		19,726		472,187
Casino Guichard Perrachon S.A.		3,661		360,289
Christian Dior S.A.		3,154		483,231
Cie de Saint-Gobain		10,230		456,176
Cie Generale des Etablissements Michelin		4,331		322,005
Cie Generale d’Optique Essilor International S.A.		3,134		278,918
CNP Assurances		26,297		409,731
Danone		13,302		926,456
Edenred		6,359		191,044
EDF S.A.		66,153		1,507,321
Eiffage S.A.		2,561		98,938
Eutelsat Communications S.A.		5,606		206,944

France Telecom S.A.		205,172	$	3,034,191
GDF Suez		108,636		2,802,268
Hermes International^(a)		1,019		342,847
ICADE		2,197		195,703
Imerys S.A.		2,542		154,330
Klepierre		8,678		300,469
Lafarge S.A.		10,401		495,658
Lagardere SCA		6,327		194,886
Legrand S.A.		8,230		302,383
L’Oreal S.A.		9,923		1,222,205
LVMH Moet Hennessy Louis Vuitton S.A.		6,956		1,193,577
M6-Metropole Television S.A.		10,856		195,891
Natixis		153,156		588,418
Neopost S.A.		2,496		160,280
Nexity S.A.		3,886		122,751
Pernod-Ricard S.A.		4,317		450,718
PPR		3,218		552,818
Rallye S.A.		2,797		104,945
Rexel S.A.		7,913		174,136
Safran S.A.		6,603		242,297
Sanofi		48,603		3,768,914
Schneider Electric S.A.		12,614		822,937
SCOR SE		10,689		288,392
Societe BIC S.A.		2,292		229,652
Societe d’Edition de Canal+		26,630		168,450
Societe Generale S.A.		26,019		761,076
Societe Television Francaise 1		11,016		134,685
Sodexo		3,425		280,780
Suez Environnement Co.		17,770		272,140
Technip S.A.		2,197		258,431
Total S.A.		109,502		5,576,302
Vallourec S.A.		2,287		144,666
Veolia Environnement S.A.		24,012		397,631
Vinci S.A.		17,586		915,694
Vivendi S.A.		72,682		1,331,839

Total France				39,430,022
Germany – 7.5%
Adidas AG		3,148		245,411
Aixtron SE N.A.		3,128		54,402
Allianz SE		17,107		2,038,251
Axel Springer AG		4,878		246,005
BASF SE		25,193		2,200,513
Bayer AG		17,557		1,233,096
Bayerische Motoren Werke AG		10,058		903,173
Beiersdorf AG		3,668		238,983
Bilfinger Berger SE		2,117		198,557
Celesio AG		6,539		118,167
Comdirect Bank AG		17,217		198,853
Daimler AG^(a)		33,460		2,014,498
Deutsche Bank AG		13,322		661,824
Deutsche Boerse AG		7,557		508,013
Deutsche Lufthansa AG		14,946		208,888
Deutsche Post AG		51,435		988,739
Deutsche Telekom AG		229,766		2,762,075

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			33

Schedule of Investments (continued)

WisdomTree DEFA Fund (DWM)

March 31, 2012


Investments	Shares		Value

E.ON AG		121,267	$	2,900,383
Fielmann AG		1,643		157,732
Fraport AG Frankfurt Airport Services Worldwide		2,637		164,874
Fresenius Medical Care AG & Co. KGaA		3,614		255,750
Fresenius SE & Co. KGaA		1,941		198,748
GEA Group AG		4,988		171,776
Hannover Rueckversicherung AG		7,293		432,576
Henkel AG & Co. KGaA		4,415		275,158
Infineon Technologies AG		15,921		162,534
K+S AG		3,256		170,080
Linde AG		2,804		502,421
Merck KGaA		3,090		341,459
Metro AG		8,080		311,936
MLP AG		9,480		84,079
Muenchener Rueckversicherungs AG		8,820		1,327,839
Rheinmetall AG		3,275		193,621
RWE AG		37,053		1,766,743
SAP AG		14,376		1,002,407
Siemens AG		20,707		2,084,433
SMA Solar Technology AG^(a)		1,477		66,836
Symrise AG		4,499		130,012
ThyssenKrupp AG		6,498		161,515
United Internet AG Registered Shares		6,433		121,049
Volkswagen AG		4,456		717,427
Wacker Chemie AG^(a)		1,109		97,635
Wincor Nixdorf AG		1,768		86,856

Total Germany				28,705,327
Hong Kong – 5.1%
Bank of East Asia Ltd.^(a)		57,800		217,383
BOC Hong Kong Holdings Ltd.		357,500		987,684
Cathay Pacific Airways Ltd.		188,000		348,202
Cheung Kong Holdings Ltd.		49,000		633,011
China Merchants Holdings International Co., Ltd.		76,000		254,508
China Mobile Ltd.		673,000		7,406,987
China Overseas Land & Investment Ltd.		128,000		243,339
China Resources Enterprise Ltd.		38,000		132,638
China Resources Power Holdings Co., Ltd.		92,000		170,397
China Unicom Hong Kong Ltd.		98,000		166,110
Citic Pacific Ltd.		69,000		116,244
CLP Holdings Ltd.		70,500		608,385
CNOOC Ltd.		859,300		1,766,413
Fosun International Ltd.		204,000		121,391
Guangdong Investment Ltd.		250,000		174,201
Hang Lung Properties Ltd.		84,000		307,805
Hang Seng Bank Ltd.		64,200		853,354
Henderson Land Development Co., Ltd.		45,000		248,358
HKT Trust and HKT Ltd.^*(b)		7,543		5,868
Hong Kong & China Gas Co., Ltd.		122,260		313,366
Hong Kong Exchanges and Clearing Ltd.		23,600		396,677
Hutchison Whampoa Ltd.		79,000		789,593
Lenovo Group Ltd.		162,000		145,850
MTR Corp., Ltd.		110,500		395,659
New World Development Co., Ltd.		118,000		141,801
PCCW Ltd.		371,000		132,841

Power Assets Holdings Ltd.		63,500	$	466,190
Shanghai Industrial Holdings Ltd.		46,000		141,899
Shenzhen Investment Ltd.		408,000		88,810
Shougang Fushan Resources Group Ltd.		176,000		59,619
Sino Land Co., Ltd.		160,400		256,177
Sino-Ocean Land Holdings Ltd.^(a)		228,000		108,362
Sinotruk Hong Kong Ltd.^(a)		119,000		68,972
SJM Holdings Ltd.		91,000		185,188
Sun Hung Kai Properties Ltd.		64,000		795,466
Television Broadcasts Ltd.		24,000		161,824
Wharf Holdings Ltd.		48,000		260,896

Total Hong Kong				19,671,468
Ireland – 0.3%
CRH PLC		27,145		553,080
DCC PLC		5,906		146,014
Dragon Oil PLC		15,169		151,234
Kerry Group PLC Class A		3,354		154,988
Paddy Power PLC		2,408		151,422

Total Ireland				1,156,738
Italy – 3.5%
A2A SpA^(a)		180,376		144,484
ACEA SpA		18,829		119,556
Assicurazioni Generali SpA^(a)		38,231		592,618
Atlantia SpA		25,632		424,970
Banca Carige SpA^(a)		88,801		116,364
Banca Generali SpA		14,431		193,331
Banca Monte dei Paschi di Siena SpA		206,682		87,003
Credito Artigiano SpA		79,060		125,815
Enel Green Power SpA		66,575		126,338
Enel SpA		398,602		1,439,579
ENI SpA		195,281		4,574,379
ERG SpA		14,447		127,844
Hera SpA		88,225		125,713
Intesa Sanpaolo SpA		447,215		800,427
Iren SpA		116,760		99,902
Luxottica Group SpA		9,045		327,028
MARR SpA		12,446		140,219
Mediaset SpA		106,822		294,183
Mediobanca SpA		22,890		134,245
Mediolanum SpA		43,723		207,517
Pirelli & C SpA		17,385		206,512
Saipem SpA		7,006		361,347
Snam SpA		157,439		756,039
Societa Cattolica di Assicurazioni SCRL		8,579		173,312
Telecom Italia SpA		649,128		770,651
Telecom Italia SpA RSP		489,354		480,283
Terna Rete Elettrica Nazionale SpA		99,673		400,062
Unione di Banche Italiane SCPA		24,891		105,342

Total Italy				13,455,063
Japan – 14.4%
Aeon Co., Ltd.^(a)		19,400		256,482
Aisin Seiki Co., Ltd.		4,800		169,498
Ajinomoto Co., Inc.		18,000		227,037

See Notes to Financial Statements.


34		WisdomTree International Dividend and Sector Funds

Schedule of Investments (continued)

WisdomTree DEFA Fund (DWM)

March 31, 2012


Investments	Shares		Value

Asahi Glass Co., Ltd.		28,000	$	238,848
Asahi Group Holdings Ltd.		7,800		173,733
Asahi Kasei Corp.		38,000		235,956
Astellas Pharma, Inc.^(a)		16,000		661,036
Azbil Corp.		4,900		108,962
Bank of Saga Ltd. (The)		81,000		232,286
Bank of Yokohama Ltd. (The)		28,000		140,859
Bridgestone Corp.		8,600		209,631
Brother Industries Ltd.		9,900		134,975
Canon, Inc.		34,100		1,620,159
Chiba Bank Ltd. (The)		36,000		230,974
Chiyoda Co., Ltd.		7,900		159,354
Chubu Electric Power Co., Inc.^(a)		25,100		455,670
Chugai Pharmaceutical Co., Ltd.		15,800		292,980
Chugoku Electric Power Co., Inc. (The)^(a)		15,600		291,357
Circle K Sunkus Co., Ltd.		8,000		172,161
Coca-Cola West Co., Ltd.		6,900		121,659
Cosmo Oil Co., Ltd.^(a)		49,000		136,946
Dai Nippon Printing Co., Ltd.^(a)		31,000		318,683
Daihatsu Motor Co., Ltd.^(a)		13,000		239,480
Dai-ichi Life Insurance Co., Ltd. (The)		83		115,279
Daiichi Sankyo Co., Ltd.^(a)		22,200		406,800
Daikin Industries Ltd.^(a)		4,900		134,148
Dainippon Sumitomo Pharma Co., Ltd.^(a)		16,000		170,509
Daishi Bank Ltd. (The)		65,000		229,844
Daito Trust Construction Co., Ltd.		4,600		415,311
Daiwa House Industry Co., Ltd.		15,000		199,405
Daiwa Securities Group, Inc.		45,000		178,808
Denso Corp.		10,800		362,865
East Japan Railway Co.		7,700		487,478
Eisai Co., Ltd.^(a)		12,200		487,733
Electric Power Development Co., Ltd.^(a)		6,400		174,514
Ezaki Glico Co., Ltd.		15,000		180,995
FANUC Corp.		3,300		588,663
Fast Retailing Co., Ltd.		1,700		389,598
Fuji Heavy Industries Ltd.		20,000		161,614
FUJIFILM Holdings Corp.		6,700		158,025
Fujitsu Ltd.		65,000		344,371
Hakuhodo DY Holdings, Inc.^(a)		3,030		191,458
Hirose Electric Co., Ltd.		400		42,238
Hisamitsu Pharmaceutical Co., Inc.^(a)		3,800		181,238
Hitachi Chemical Co., Ltd.		6,900		124,929
Hitachi Ltd.		48,000		309,715
Hokkaido Electric Power Co., Inc.		11,800		174,215
Hokuhoku Financial Group, Inc.		99,000		190,072
Hokuriku Electric Power Co.		10,000		181,785
Honda Motor Co., Ltd.		23,700		905,723
Hoya Corp.		9,600		216,859
Ibiden Co., Ltd.		4,100		105,471
Idemitsu Kosan Co., Ltd.		1,400		140,349
Isuzu Motors Ltd.		29,000		170,910
Ito En Ltd.		8,200		147,968
ITOCHU Corp.		31,700		347,835
Itochu Enex Co., Ltd.		28,100		166,971

Itochu Techno-Solutions Corp.^(a)		6,500	$	292,636
Japan Tobacco, Inc.		145		821,071
JFE Holdings, Inc.		11,100		239,818
JGC Corp.		6,000		187,010
Joyo Bank Ltd. (The)		23,000		105,924
JS Group Corp.		7,400		155,832
JSR Corp.		7,100		143,734
Juroku Bank Ltd. (The)		65,000		225,105
JX Holdings, Inc.		65,679		409,421
Kajima Corp.^(a)		49,000		150,046
Kaneka Corp.		28,000		169,779
Kansai Electric Power Co., Inc. (The)^(a)		31,600		492,268
Kao Corp.^(a)		13,800		364,221
Kawasaki Kisen Kaisha Ltd.^*(a)		42,000		92,885
KDDI Corp.^(a)		74		481,973
Kewpie Corp.		13,500		199,970
Kintetsu Corp.^(a)		64,000		244,972
Kirin Holdings Co., Ltd.		24,000		312,340
Kobe Steel Ltd.		88,000		143,289
Kokuyo Co., Ltd.		25,300		189,992
Komatsu Ltd.		12,200		349,715
Konami Corp.^(a)		5,000		142,536
Konica Minolta Holdings, Inc.		17,500		153,746
Kubota Corp.		31,000		299,471
Kuraray Co., Ltd.		10,900		155,099
Kyocera Corp.		3,200		294,744
Kyowa Hakko Kirin Co., Ltd.		22,000		245,944
Kyushu Electric Power Co., Inc.		16,100		230,657
Lawson, Inc.		4,800		303,882
Lion Corp.		33,000		190,072
Makita Corp.		4,000		161,371
Marubeni Corp.		42,000		304,684
Marui Group Co., Ltd.		15,800		132,475
Medipal Holdings Corp.		13,600		177,158
MEIJI Holdings Co., Ltd.		4,300		188,888
Mitsubishi Chemical Holdings Corp.		24,400		131,050
Mitsubishi Corp.^(a)		33,400		779,245
Mitsubishi Electric Corp.		29,000		257,950
Mitsubishi Estate Co., Ltd.		14,000		251,097
Mitsubishi Heavy Industries Ltd.		39,000		190,036
Mitsubishi Tanabe Pharma Corp.		13,700		193,277
Mitsubishi UFJ Financial Group, Inc.^(a)		361,900		1,811,809
Mitsui & Co., Ltd.^(a)		50,500		832,718
Mitsui Chemicals, Inc.		40,000		122,000
Mitsui Fudosan Co., Ltd.		17,000		327,006
Mitsui O.S.K. Lines Ltd.^(a)		39,000		170,606
Mizuho Financial Group, Inc.^(a)		823,200		1,350,410
MS&AD Insurance Group Holdings^(a)		11,530		238,040
Murata Manufacturing Co., Ltd.		1,400		83,444
Nagase & Co., Ltd.		14,900		185,401
Namco Bandai Holdings, Inc.		13,100		190,065
NEC Fielding Ltd.		6,600		86,535
Nintendo Co., Ltd.		4,700		711,040
Nippon Electric Glass Co., Ltd.		10,000		87,369

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			35

Schedule of Investments (continued)

WisdomTree DEFA Fund (DWM)

March 31, 2012


Investments	Shares		Value

Nippon Express Co., Ltd.		64,000	$	251,194
Nippon Steel Corp.^(a)		94,000		259,287
Nippon Telegraph & Telephone Corp.^(a)		36,200		1,651,753
Nippon Yusen K.K.^(a)		49,000		154,809
Nissan Chemical Industries Ltd.		11,900		112,356
Nissan Motor Co., Ltd.		47,900		512,788
Nisshin Seifun Group, Inc.		12,500		152,044
Nissin Foods Holdings Co., Ltd.^(a)		4,900		184,282
Nitto Denko Corp.		3,700		149,942
NKSJ Holdings, Inc.^(a)		15,319		344,373
Nomura Holdings, Inc.		67,600		300,645
Nomura Research Institute Ltd.		9,300		232,006
NSK Ltd.		14,000		108,366
NTN Corp.		25,000		106,325
NTT DoCoMo, Inc.^(a)		1,218		2,033,577
OJI Paper Co., Ltd.^(a)		44,000		213,865
Oracle Corp.		6,600		252,227
Oriental Land Co., Ltd.		1,900		204,788
Osaka Gas Co., Ltd.		49,000		197,679
Otsuka Corp.		2,300		188,092
Otsuka Holdings Co., Ltd.		8,848		263,413
Panasonic Corp.		23,300		215,460
Park24 Co., Ltd.		17,300		234,395
Resona Holdings, Inc.		73,600		340,745
Ricoh Co., Ltd.^(a)		29,000		283,675
Ryosan Co., Ltd.		4,900		99,078
Saibu Gas Co., Ltd.		49,000		132,778
Sankyo Co., Ltd.		4,400		217,073
Secom Co., Ltd.		6,500		319,886
Sega Sammy Holdings, Inc.		7,900		166,457
Sekisui House Ltd.		23,000		226,660
Seven & I Holdings Co., Ltd.		19,600		585,416
Sharp Corp.^(a)		28,000		205,505
Shikoku Electric Power Co., Inc.^(a)		9,300		263,648
Shin-Etsu Chemical Co., Ltd.		8,700		505,328
Shionogi & Co., Ltd.^(a)		11,200		155,694
Shiseido Co., Ltd.		14,300		248,137
Shizuoka Bank Ltd. (The)		23,000		238,119
Showa Shell Sekiyu K.K.		14,800		94,956
SMC Corp.		1,000		159,912
Sony Corp.		4,900		101,459
Sony Financial Holdings, Inc.		9,252		165,264
Sumitomo Bakelite Co., Ltd.^(a)		21,000		111,258
Sumitomo Chemical Co., Ltd.^(a)		45,000		192,478
Sumitomo Corp.		33,800		491,218
Sumitomo Electric Industries Ltd.		15,600		214,774
Sumitomo Metal Industries Ltd.		154,000		312,510
Sumitomo Metal Mining Co., Ltd.		17,000		240,245
Sumitomo Mitsui Financial Group, Inc.^(a)		47,600		1,575,002
Sumitomo Mitsui Trust Holdings, Inc.		64,070		205,535
Sumitomo Realty & Development Co., Ltd.		8,000		193,936
Suzuken Co., Ltd.		6,500		201,568
T&D Holdings, Inc.		19,000		221,411
Taisei Corp.		64,000		167,981

Takeda Pharmaceutical Co., Ltd.^(a)		29,900	$	1,324,327
TDK Corp.^(a)		3,200		182,368
Tokio Marine Holdings, Inc.		11,700		322,871
Tokyo Electron Ltd.		4,700		270,423
Tokyo Gas Co., Ltd.		49,000		232,213
TonenGeneral Sekiyu K.K.		26,000		240,744
Toppan Forms Co., Ltd.		21,900		201,982
Toppan Printing Co., Ltd.^(a)		36,000		282,593
Toshiba Corp.		49,000		216,732
Toyota Motor Corp.		40,900		1,774,263
Toyota Tsusho Corp.^(a)		10,200		208,846
Trend Micro, Inc.		6,400		197,767
USS Co., Ltd.^(a)		2,060		210,018
Yahoo! Japan Corp.^(a)		761		247,641
Yamato Holdings Co., Ltd.		12,800		198,933

Total Japan				55,437,341
Netherlands – 1.9%
Akzo Nobel N.V.		5,663		333,858
ASML Holding N.V.		6,422		320,536
European Aeronautic Defence and Space Co. N.V.		7,541		308,350
Exact Holding N.V.^(a)		3,013		71,020
Fugro N.V. CVA		2,595		184,607
Heineken Holding N.V.		5,613		262,367
Heineken N.V.		8,397		466,022
Koninklijke Ahold N.V.		26,513		366,843
Koninklijke Boskalis Westminster N.V.		4,438		166,457
Koninklijke DSM N.V.		4,700		271,546
Koninklijke KPN N.V.		102,596		1,126,900
Koninklijke Philips Electronics N.V.		32,822		664,378
PostNL N.V.		31,052		191,459
Randstad Holding N.V.		6,065		228,492
Reed Elsevier N.V.		19,071		243,200
STMicroelectronics N.V.		27,264		222,928
Unilever N.V. CVA		51,458		1,748,456
Wolters Kluwer N.V.		12,613		238,514

Total Netherlands				7,415,933
New Zealand – 0.3%
Auckland International Airport Ltd.		141,721		285,688
Telecom Corp. of New Zealand Ltd.		145,557		289,246
Vector Ltd.		115,960		246,111
Warehouse Group Ltd. (The)		71,662		163,838

Total New Zealand				984,883
Norway – 2.0%
ABG Sundal Collier Holding ASA		171,468		148,500
Aker ASA Class A		7,383		241,395
Aker Solutions ASA		7,949		134,271
DNB ASA		66,112		848,414
Fred Olsen Energy ASA		7,460		292,041
Gjensidige Forsikring ASA		31,211		367,974
Marine Harvest ASA		672,830		346,792
Norsk Hydro ASA		36,512		198,497
Orkla ASA		46,797		369,680
SpareBank 1 SMN		37,676		241,748

See Notes to Financial Statements.


36		WisdomTree International Dividend and Sector Funds

Schedule of Investments (continued)

WisdomTree DEFA Fund (DWM)

March 31, 2012


Investments	Shares		Value

Statoil ASA		115,526	$	3,131,165
Telenor ASA		57,465		1,063,859
Veidekke ASA		18,110		153,667
Yara International ASA		4,177		198,889

Total Norway				7,736,892
Portugal – 0.4%
Banco Espirito Santo S.A.		66,688		121,668
Brisa Auto-Estradas de Portugal S.A.		47,465		168,768
Cimpor Cimentos de Portugal, SGPS, S.A.		28,818		191,885
EDP-Energias de Portugal S.A.		196,323		570,208
Mota-Engil, SGPS, S.A.		59,405		96,276
Portugal Telecom, SGPS, S.A.		67,157		364,797
Sonae		183,538		109,010
Zon Multimedia Servicos de Telecomunicacoes e Multimedia, SGPS, S.A.^(a)		28,909		98,170

Total Portugal				1,720,782
Singapore – 2.2%
Cityspring Infrastructure Trust		393,000		120,336
DBS Group Holdings Ltd.		48,000		541,329
Fraser and Neave Ltd.		49,000		261,105
Jardine Cycle & Carriage Ltd.		11,000		422,468
Keppel Corp., Ltd.		49,100		429,164
Keppel Land Ltd.^(a)		81,000		223,542
M1 Ltd.		88,000		177,771
Oversea-Chinese Banking Corp., Ltd.		94,000		666,863
Sakari Resources Ltd.		49,000		90,802
SATS Ltd.		79,000		156,448
SembCorp Industries Ltd.		49,000		205,766
SembCorp Marine Ltd.^(a)		94,000		394,735
SIA Engineering Co., Ltd.		97,000		310,900
Singapore Airlines Ltd.		30,000		256,969
Singapore Exchange Ltd.		48,000		264,938
Singapore Press Holdings Ltd.		117,000		364,767
Singapore Technologies Engineering Ltd.		152,000		392,890
Singapore Telecommunications Ltd.		562,000		1,407,961
StarHub Ltd.		122,000		300,791
United Overseas Bank Ltd.		48,000		700,521
UOB-Kay Hian Holdings Ltd.		172,000		231,185
Venture Corp., Ltd.		28,000		189,732
Wilmar International Ltd.		48,000		187,060
Yangzijiang Shipbuilding Holdings Ltd.		136,000		143,858

Total Singapore				8,441,901
Spain – 5.3%
Abertis Infraestructuras, S.A.		13,915		236,543
Acciona S.A.		2,517		175,505
Acerinox S.A.		14,005		179,734
ACS Actividades de Construccion y Servicios, S.A.		17,379		444,126
Antena 3 de Television S.A.		22,457		133,979
Banco Bilbao Vizcaya Argentaria S.A.^(a)		183,373		1,457,128
Banco de Sabadell S.A.		66,699		181,377
Banco Espanol de Credito S.A.^(a)		43,464		208,024
Banco Popular Espanol S.A.^(a)		41,799		149,735
Banco Popular Espanol S.A. Temp Line^*(a)		504		1,806

Banco Santander S.A.		535,612	$	4,115,593
Bolsas y Mercados Espanoles S.A.		8,942		228,873
CaixaBank^(a)		174,857		679,710
Duro Felguera S.A.		18,869		122,373
Enagas S.A.		11,376		218,606
Endesa S.A.		38,840		772,745
Ferrovial S.A.		32,770		376,088
Fomento de Construcciones y Contratas S.A.^(a)		9,124		203,520
Gas Natural SDG S.A.		44,490		709,783
Iberdrola S.A.		236,344		1,339,845
Inditex S.A.		11,422		1,092,431
Indra Sistemas S.A.^(a)		11,162		136,574
Mapfre S.A.^(a)		157,455		506,174
Mediaset Espana Comunicacion S.A.		25,367		145,259
Red Electrica Corp. S.A.		4,677		228,519
Repsol YPF S.A.		38,651		968,179
Tecnicas Reunidas S.A.		2,769		115,178
Telefonica S.A.		305,363		4,995,718
Zardoya Otis S.A.		21,632		279,719

Total Spain				20,402,844
Sweden – 3.5%
Alfa Laval AB		12,164		249,500
Assa Abloy AB Class B		9,519		298,107
Atlas Copco AB Class A		27,703		668,427
Axis Communications AB		4,355		117,484
Billerud AB		14,523		134,060
Boliden AB		12,989		203,389
Electrolux AB Series B^(a)		11,670		246,051
Fabege AB		18,401		158,210
Hennes & Mauritz AB Class B		57,054		2,058,479
Husqvarna AB Class B^(a)		23,752		142,862
Intrum Justitia AB		11,225		186,087
Kinnevik Investment AB Class B		9,776		226,744
NCC AB Class B		7,985		167,875
Nordea Bank AB^(a)		121,827		1,104,372
Peab AB		29,275		149,125
Ratos AB Class B^(a)		14,270		197,533
Sandvik AB		29,835		429,403
Scania AB Class B		23,707		491,622
Securitas AB Class B		21,891		210,486
Skandinaviska Enskilda Banken AB Class A^(a)		58,123		411,701
Skanska AB Class B		21,768		376,286
SKF AB Class B		11,516		280,292
SSAB AB Class B^(a)		11,638		94,976
Svenska Cellulosa AB Class B^(a)		25,164		434,611
Svenska Handelsbanken AB Class A^(a)		23,479		746,264
Swedbank AB Class A^(a)		16,534		256,157
Swedish Match AB		6,713		266,482
Tele2 AB Class B		18,656		379,567
Telefonaktiebolaget LM Ericsson Class B		69,590		718,936
TeliaSonera AB		199,903		1,390,058
Volvo AB Class A		44,519		645,777

Total Sweden				13,440,923

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			37

Schedule of Investments (continued)

WisdomTree DEFA Fund (DWM)

March 31, 2012


Investments	Shares			Value

Switzerland – 7.0%
ABB Ltd.^*		51,359		$	1,052,352
Actelion Ltd.^*		2,977			108,692
Adecco S.A.^*		4,101			214,612
Baloise Holding AG		2,772			222,962
Bank Sarasin & Cie AG Class B		2,198			68,821
Cie Financiere Richemont S.A. Class A		3,652			228,692
Credit Suisse Group AG		33,397			950,716
GAM Holding AG^*		10,468			152,298
Geberit AG^*		1,378			287,995
Holcim Ltd.^*		6,150			400,769
Kuehne + Nagel International AG		2,611			352,717
Lonza Group AG^*		1,818			93,852
Nestle S.A.		94,624			5,946,388
Novartis AG		88,977			4,918,173
Partners Group Holding AG		1,363			265,558
Roche Holding AG - Genusschein		29,991			5,212,797
Schindler Holding AG Participating Shares		2,269			272,626
SGS S.A.		293			569,240
Sulzer AG		1,123			159,408
Swatch Group AG (The)		3,649			292,897
Swiss Re AG^*		16,179			1,031,940
Swisscom AG^(a)		2,675			1,079,944
Syngenta AG^*		1,898			655,381
Vontobel Holding AG		7,639			193,542
Zurich Financial Services AG^*		8,700			2,335,144

Total Switzerland					27,067,516
United Kingdom – 19.6%
Aberdeen Asset Management PLC		55,683			228,647
Admiral Group PLC		11,869			225,099
AMEC PLC		10,319			182,678
Amlin PLC		36,529			192,485
Anglo American PLC		15,553			580,740
Antofagasta PLC		46,126			848,999
Ashmore Group PLC		36,228			212,721
Associated British Foods PLC		18,233			355,408
AstraZeneca PLC		64,231			2,851,952
Aviva PLC		149,333			790,949
BAE Systems PLC		170,031			814,730
Balfour Beatty PLC		41,749			190,441
Barclays PLC		222,522			836,395
Berendsen PLC		23,482			195,846
BG Group PLC		30,960			716,273
BHP Billiton PLC		42,719			1,301,951
BP PLC		320,026			2,365,118
British American Tobacco PLC		73,925			3,721,172
British Land Co. PLC		25,059			192,143
British Sky Broadcasting Group PLC		38,487			415,690
BT Group PLC		244,414			884,120
Burberry Group PLC		6,595			157,741
Cable & Wireless Communications PLC		362,044			186,783
Cable & Wireless Worldwide PLC		251,071			136,391
Capita PLC		18,742			219,347
Carillion PLC		31,160			148,561

Carnival PLC		4,101		$	130,916
Centrica PLC		196,677			994,258
Close Brothers Group PLC		16,482			206,723
Compass Group PLC		49,345			516,803
Cookson Group PLC		20,440			225,667
Croda International PLC		14,835			499,177
Daily Mail & General Trust PLC Class A		21,018			151,621
De La Rue PLC		9,065			130,352
Diageo PLC		66,993			1,608,247
Drax Group PLC		27,437			238,695
DS Smith PLC		72,548			207,601
Electrocomponents PLC		32,922			130,346
Eurasian Natural Resources Corp. PLC		30,578			289,472
Fidessa Group PLC		3,901			103,153
Firstgroup PLC		38,150			144,888
Fresnillo PLC		15,279			390,104
G4S PLC		48,313			210,349
GKN PLC		51,141			168,405
GlaxoSmithKline PLC		232,017			5,176,899
Halfords Group PLC		20,332			100,900
Hammerson PLC		29,664			196,976
Hays PLC		118,237			159,348
Home Retail Group PLC^(a)		81,229			147,953
HSBC Holdings PLC		555,132			4,920,867
ICAP PLC		30,126			189,070
IG Group Holdings PLC		23,875			171,658
IMI PLC		11,248			174,773
Imperial Tobacco Group PLC		36,438			1,475,847
Inmarsat PLC		19,087			140,374
Intercontinental Hotels Group PLC		8,569			198,932
International Power PLC		112,461			727,723
Investec PLC		23,557			143,891
J. Sainsbury PLC		79,750			396,660
John Wood Group PLC		9,484			108,572
Johnson Matthey PLC		5,854			220,643
Kazakhmys PLC		7,457			108,183
Kesa Electricals PLC		44,844			50,155
Kingfisher PLC		63,655			311,929
Ladbrokes PLC		62,513			159,908
Legal & General Group PLC		233,957			488,563
Logica PLC		81,783	��		130,146
London & Stamford Property PLC		100,127			176,616
London Stock Exchange Group PLC		10,479			173,121
Man Group PLC		161,263			347,323
Marks & Spencer Group PLC		64,325			389,518
Meggitt PLC		28,961			186,894
Melrose PLC		23,643			159,829
Mondi PLC		15,991			150,615
N. Brown Group PLC		26,662			98,830
National Grid PLC		151,270			1,523,866
Next PLC		6,371			303,648
Old Mutual PLC		168,645			427,352
Pearson PLC		25,866			481,464
Premier Farnell PLC		27,886			95,615

See Notes to Financial Statements.


38		WisdomTree International Dividend and Sector Funds

Schedule of Investments (concluded)

WisdomTree DEFA Fund (DWM)

March 31, 2012


Investments	Shares		Value

Provident Financial PLC		12,447	$	227,907
Prudential PLC		73,821		881,658
Reckitt Benckiser Group PLC		21,317		1,203,313
Reed Elsevier PLC		45,038		399,375
Rexam PLC		29,005		198,393
Rio Tinto PLC		21,094		1,161,404
Royal Dutch Shell PLC Class A		134,657		4,697,763
Royal Dutch Shell PLC Class B		106,998		3,760,179
RSA Insurance Group PLC^(a)		218,196		364,659
SABMiller PLC		29,492		1,182,498
Sage Group PLC (The)		50,032		239,176
Segro PLC		45,417		170,383
Severn Trent PLC		11,385		280,860
Smith & Nephew PLC		15,383		155,703
Smiths Group PLC		13,752		231,148
SSE PLC		40,901		868,496
Standard Chartered PLC		53,912		1,343,752
Standard Life PLC		108,458		398,044
Tate & Lyle PLC		54,707		616,227
TESCO PLC		241,773		1,274,767
Travis Perkins PLC		13,590		234,288
TUI Travel PLC		62,822		197,034
Unilever PLC		43,483		1,433,964
United Utilities Group PLC		33,946		326,237
Vedanta Resources PLC		4,606		90,371
Vodafone Group PLC		2,372,856		6,528,501
Weir Group PLC (The)		4,037		113,780
WH Smith PLC		18,169		158,211
Whitbread PLC		6,113		180,104
William Hill PLC		36,738		153,437
WM Morrison Supermarkets PLC		77,043		366,825
Xstrata PLC		19,500		332,748

Total United Kingdom				75,485,023
TOTAL COMMON STOCKS (Cost: $388,834,721)				382,088,230
EXCHANGE-TRADED FUND – 0.1%
United States – 0.1%
WisdomTree International Dividend ex-Financials Fund^(a)(d)
(Cost: $387,001)		9,299		388,791
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 8.9%
MONEY MARKET FUND – 8.9%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(e)
(Cost: $34,221,578)^(f)		34,221,578		34,221,578
TOTAL INVESTMENTS IN SECURITIES – 108.2% (Cost: $423,443,300)				416,698,599
Liabilities in Excess of Foreign Currency and Other Assets – (8.2)%				(31,496,183	)

NET ASSETS – 100.0%			$	385,202,416

PPS – Price Protected Shares

RSP – Risparmio Italian Savings Shares

^*	Non-income producing security.

^†	Security is being fair valued by a valuation committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $0, which represents 0.0% of net assets.

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Stapled Security — A security contractually bound to one or more other securities to form a single saleable unit which cannot be sold separately.

^(c)	Escrow security — additional shares issued as a result of a corporate action.

^(d)	Affiliated company (See Note 7).

^(e)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(f)	At March 31, 2012, the total market value of the Fund’s securities on loan was $32,206,996 and the total market value of the collateral held by the Fund was $34,221,578.

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			39

Schedule of Investments

WisdomTree DEFA Equity Income Fund (DTH)

March 31, 2012


Investments	Shares		Value

COMMON STOCKS – 99.0%
Australia – 17.2%
Adelaide Brighton Ltd.		29,615	$	88,971
Aditya Birla Minerals Ltd.		55,968		41,456
AGL Energy Ltd.		14,194		216,888
Alumina Ltd.		62,654		80,159
Amcor Ltd.		47,486		365,997
AMP Ltd.		113,946		509,943
APN News & Media Ltd.		51,833		48,595
Australia & New Zealand Banking Group Ltd.		137,297		3,308,334
Automotive Holdings Group		24,543		60,512
Bank of Queensland Ltd.^(a)		12,450		93,894
Bank of Queensland Ltd. Placement Shares^*		2,692		20,302
Bendigo and Adelaide Bank Ltd.		21,240		170,528
Billabong International Ltd.^(a)		11,778		33,920
Boral Ltd.		19,954		83,305
Bradken Ltd.		6,851		60,895
Brambles Ltd.		43,707		321,476
Brickworks Ltd.		5,440		60,751
Cabcharge Australia Ltd.		5,134		32,071
Caltex Australia Ltd.		11,405		164,110
Cardno Ltd.		10,024		72,587
carsales.com Ltd.^(a)		11,811		67,908
Coca-Cola Amatil Ltd.		27,273		352,321
Cochlear Ltd.		1,341		85,992
Commonwealth Bank of Australia		77,660		4,030,637
Computershare Ltd.		16,189		150,939
Consolidated Media Holdings Ltd.		34,238		103,214
Crown Ltd.		28,894		260,115
CSR Ltd.		47,244		88,096
David Jones Ltd.^(a)		33,888		84,606
DuluxGroup Ltd.^(a)		19,134		59,069
Envestra Ltd.^(b)		102,973		82,673
Fairfax Media Ltd.^(a)		67,935		51,024
FKP Property Group^(b)		122,070		62,597
Fleetwood Corp., Ltd.		5,351		67,906
Flight Centre Ltd.^(a)		3,601		82,070
GrainCorp Ltd.		6,693		62,749
GUD Holdings Ltd.		6,182		52,643
GWA Group Ltd.^(a)		19,667		43,804
Harvey Norman Holdings Ltd.^(a)		49,511		103,095
Hills Holdings Ltd.		20,826		23,193
Insurance Australia Group Ltd.		72,969		257,013
IOOF Holdings Ltd.		14,473		86,661
Iress Market Technology Ltd.		6,613		47,955
JB Hi-Fi Ltd.^(a)		4,974		56,475
Kingsgate Consolidated Ltd.		5,565		36,896
Leighton Holdings Ltd.		17,305		382,206
Lend Lease Group^(b)		18,070		139,835
Macquarie Group Ltd.		17,436		525,267
Metcash Ltd.		42,296		188,411
Monadelphous Group Ltd.		3,868		95,769
Myer Holdings Ltd.^(a)		41,646		100,955
National Australia Bank Ltd.		108,141		2,755,904

Navitas Ltd.		15,595	$	57,353
NIB Holdings Ltd.		39,061		60,091
OneSteel Ltd.		83,039		106,670
Orica Ltd.		11,650		337,565
Origin Energy Ltd.		24,999		345,734
OZ Minerals Ltd.		13,986		141,411
Perpetual Ltd.		3,158		83,064
Platinum Asset Management Ltd.^(a)		31,119		130,885
Primary Health Care Ltd.		16,817		49,826
QBE Insurance Group Ltd.		66,692		978,999
Ramsay Health Care Ltd.		4,241		85,892
SAI Global Ltd.		5,502		28,499
Salmat Ltd.^(a)		14,599		35,541
Seven West Media Ltd.^(a)		22,178		89,833
Sonic Healthcare Ltd.		15,669		203,228
Suncorp Group Ltd.		46,472		404,398
TABCORP Holdings Ltd.		81,184		228,759
Tatts Group Ltd.		51,688		132,794
Telstra Corp., Ltd.		954,045		3,251,647
Toll Holdings Ltd.		28,756		174,866
Transfield Services Ltd.		17,237		44,285
UGL Ltd.^(a)		7,126		97,445
Wesfarmers Ltd.		41,310		1,284,708
Westpac Banking Corp.		174,498		3,957,080
Woolworths Ltd.		44,727		1,203,781
WorleyParsons Ltd.		5,964		176,888
Wotif.com Holdings Ltd.^(a)		11,354		53,988

Total Australia				30,167,922
Austria – 0.2%
Bank Austria Creditanstalt AG^*†(c)		3,058		—
Oesterreichische Post AG		2,838		98,642
Telekom Austria AG		22,389		260,348

Total Austria				358,990
Belgium – 0.7%
Ageas		73,831		162,033
Belgacom S.A.		18,326		588,276
Cie Maritime Belge S.A.		2,217		52,641
Cofinimmo		813		99,822
Elia System Operator S.A./N.V.		2,212		93,527
EVS Broadcast Equipment S.A.		890		46,081
Mobistar S.A.		2,098		104,352
Tessenderlo Chemie N.V.		1,288		42,932

Total Belgium				1,189,664
Denmark – 0.0%
D/S Norden		1,779		52,862
Finland – 1.9%
Alma Media Oyj^(a)		6,197		44,068
Elisa Oyj		4,961		118,720
Fortum Oyj		23,003		557,522
Kemira Oyj		3,905		51,743
Kesko Oyj Class B		1,431		46,365
Metso Oyj^(a)		3,773		161,035

See Notes to Financial Statements.


40		WisdomTree International Dividend and Sector Funds

Schedule of Investments (continued)

WisdomTree DEFA Equity Income Fund (DTH)

March 31, 2012


Investments	Shares		Value

Nokia Oyj		217,142	$	1,180,384
Pohjola Bank PLC Class A		9,219		101,960
Rautaruukki Oyj^(a)		3,413		35,770
Sampo Oyj Class A		17,164		495,318
Sanoma Oyj^(a)		8,647		110,546
Tieto Oyj^(a)		3,708		69,576
Tikkurila Oyj		2,365		44,754
UPM-Kymmene Oyj^(a)		13,544		184,153
Uponor Oyj^(a)		3,573		41,110

Total Finland				3,243,024
France – 11.8%
AXA S.A.		63,344		1,048,535
BNP Paribas S.A.		29,244		1,385,441
Bouygues S.A.		11,490		350,857
Casino Guichard Perrachon S.A.		2,650		260,793
CNP Assurances		19,041		296,676
EDF S.A.		47,432		1,080,756
Euler Hermes S.A.		1,362		106,831
France Telecom S.A.		154,539		2,285,404
GDF Suez		82,948		2,139,646
ICADE		1,318		117,404
Klepierre		5,340		184,893
Lafarge S.A.		7,651		364,608
Lagardere SCA		4,054		124,872
M6-Metropole Television S.A.		5,530		99,786
Natixis		112,180		430,990
Neopost S.A.		1,352		86,818
Nexity S.A.		1,873		59,164
Rallye S.A.		1,327		49,790
Sanofi		37,507		2,908,476
SCOR SE		6,881		185,651
Societe d’Edition de Canal +		8,017		50,712
Societe Generale S.A.		19,444		568,752
Societe Television Francaise 1		6,286		76,855
Suez Environnement Co.		13,562		207,696
Total S.A.		84,703		4,313,433
Veolia Environnement S.A.		17,818		295,061
Vinci S.A.		13,131		683,724
Vivendi S.A.		57,764		1,058,479

Total France				20,822,103
Germany – 6.7%
Allianz SE		13,145		1,566,190
Axel Springer AG		2,996		151,093
Bilfinger Berger SE		1,178		110,487
Comdirect Bank AG^(a)		5,217		60,255
Daimler AG^(a)		25,118		1,512,258
Deutsche Boerse AG		4,768		320,525
Deutsche Lufthansa AG		10,695		149,475
Deutsche Post AG		37,463		720,154
Deutsche Telekom AG		175,995		2,115,681
E.ON AG		93,197		2,229,023
Hannover Rueckversicherung AG		4,877		289,274
MLP AG		5,863		52,000

Muenchener Rueckversicherungs AG		7,034	$	1,058,959
RWE AG		28,174		1,343,379
SMA Solar Technology AG^(a)		912		41,269

Total Germany				11,720,022
Hong Kong – 4.8%
BOC Hong Kong Holdings Ltd.		271,000		748,706
Cathay Pacific Airways Ltd.		144,000		266,708
China Mobile Ltd.		504,500		5,552,489
CLP Holdings Ltd.		47,024		405,797
Guangdong Investment Ltd.		158,000		110,095
Hang Seng Bank Ltd.		51,418		683,454
HKT Trust and HKT Ltd.^*(b)		4,413		3,433
Hopewell Holdings Ltd.		35,000		96,020
PCCW Ltd.		209,000		74,835
Power Assets Holdings Ltd.		45,518		334,174
Shanghai Industrial Holdings Ltd.		34,000		104,881
Shenzhen Investment Ltd.		196,000		42,664
Television Broadcasts Ltd.		9,000		60,684

Total Hong Kong				8,483,940
Ireland – 0.2%
CRH PLC		19,531		397,944
Italy – 4.1%
A2A SpA^(a)		112,480		90,098
ACEA SpA		7,642		48,523
Atlantia SpA		17,894		296,677
Banca Carige SpA^(a)		41,593		54,503
Banca Generali SpA		4,968		66,556
Banca Popolare di Milano SCRL		46,382		25,769
Banca Popolare di Sondrio SCRL		7,580		55,519
Enel SpA		306,460		1,106,802
ENI SpA		151,016		3,537,489
ERG SpA		4,559		40,343
Fiat SpA RSP		7,638		41,825
Geox SpA^(a)		9,931		32,402
Gruppo Editoriale L’Espresso SpA^(a)		20,081		28,346
Hera SpA		35,238		50,211
Intesa Sanpaolo SpA RSP		35,421		54,576
Iren SpA		50,498		43,207
Mediaset SpA		74,063		203,966
Mediolanum SpA		21,009		99,713
Recordati SpA		5,520		41,901
Snam SpA		121,238		582,198
Societa Cattolica di Assicurazioni SCRL		2,528		51,070
Telecom Italia SpA RSP		286,850		281,533
Terna Rete Elettrica Nazionale SpA		71,410		286,621

Total Italy				7,119,848
Japan – 5.1%
Astellas Pharma, Inc.^(a)		10,900		450,331
Azbil Corp.		1,900		42,250
Chiyoda Co., Ltd.		5,600		112,959
Chubu Electric Power Co., Inc.^(a)		23,200		421,177
Chugoku Electric Power Co., Inc. (The)^(a)		10,000		186,767

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			41

Schedule of Investments (continued)

WisdomTree DEFA Equity Income Fund (DTH)

March 31, 2012


Investments	Shares		Value

Daiichi Sankyo Co., Ltd.^(a)		17,400	$	318,843
Daito Trust Construction Co., Ltd.		1,600		144,456
Eisai Co., Ltd.^(a)		8,600		343,812
Electric Power Development Co., Ltd.^(a)		5,500		149,973
Hokkaido Electric Power Co., Inc.		7,200		106,300
Hokuriku Electric Power Co.		6,900		125,432
Hoya Corp.		10,100		228,154
Inaba Denki Sangyo Co., Ltd.		1,600		48,295
IT Holdings Corp.		4,400		51,755
Kansai Electric Power Co., Inc. (The)^(a)		26,000		405,031
Kyushu Electric Power Co., Inc.		16,000		229,224
Lawson, Inc.		2,000		126,618
Mizuho Financial Group, Inc.^(a)		633,000		1,038,398
Moshi Moshi Hotline, Inc.		7,600		76,374
NEC Fielding Ltd.		6,300		82,602
Nintendo Co., Ltd.		2,600		393,341
Nippon Suisan Kaisha Ltd.^(a)		8,900		30,498
NKSJ Holdings, Inc.^(a)		10,498		235,996
NSD Co., Ltd.		7,500		69,719
Onward Holdings Co., Ltd.^(a)		2,000		16,404
Oracle Corp.		5,900		225,475
Park24 Co., Ltd.		7,000		94,842
Plenus Co., Ltd.		5,400		98,230
Ricoh Co., Ltd.^(a)		13,000		127,164
Ryosan Co., Ltd.		2,000		40,440
Saibu Gas Co., Ltd.		18,000		48,776
Shikoku Electric Power Co., Inc.^(a)		6,700		189,940
Shiseido Co., Ltd.^(a)		9,000		156,170
Sumitomo Mitsui Financial Group, Inc.^(a)		35,800		1,184,560
Taiyo Holdings Co., Ltd.^(a)		1,400		37,767
Takasago Thermal Engineering Co., Ltd.^(a)		8,200		64,169
Takeda Pharmaceutical Co., Ltd.^(a)		23,700		1,049,717
Tokai Tokyo Financial Holdings, Inc.		16,000		60,077
TonenGeneral Sekiyu K.K.		10,000		92,594
Toppan Forms Co., Ltd.		5,300		48,881
Toyo Corp.		800		8,749

Total Japan				8,962,260
Netherlands – 1.9%
CSM		1,786		32,025
Delta Lloyd N.V.		4,358		76,491
Exact Holding N.V.		1,901		44,809
Koninklijke Boskalis Westminster N.V.		2,251		84,429
Koninklijke KPN N.V.		77,206		848,020
Koninklijke Philips Electronics N.V.		24,440		494,710
PostNL N.V.		18,143		111,866
Reed Elsevier N.V.		19,154		244,259
Unilever N.V. CVA		38,271		1,300,384
Wolters Kluwer N.V.		7,432		140,540

Total Netherlands				3,377,533
New Zealand – 0.4%
Air New Zealand Ltd.		94,082		65,531
Auckland International Airport Ltd.		48,276		97,317
Contact Energy Ltd.^*		11,641		45,121

Fisher & Paykel Healthcare Corp., Ltd.		24,614	$	45,181
Sky Network Television Ltd.		13,505		57,325
SKYCITY Entertainment Group Ltd.		26,360		85,107
Telecom Corp. of New Zealand Ltd.		102,472		203,629
Vector Ltd.		47,348		100,490
Warehouse Group Ltd. (The)		20,356		46,539

Total New Zealand				746,240
Norway – 3.0%
ABG Sundal Collier Holding ASA		51,532		44,629
Aker ASA Class A		3,924		128,299
Austevoll Seafood ASA		8,955		34,225
DNB ASA		56,282		722,266
Fred Olsen Energy ASA		4,924		192,763
Gjensidige Forsikring ASA		21,587		254,508
Leroey Seafood Group ASA		2,337		38,513
Marine Harvest ASA		460,890		237,553
Orkla ASA		33,564		265,144
SpareBank 1 SMN		7,243		46,475
SpareBank 1 SR Bank ASA^(a)		6,871		49,388
Statoil ASA		89,539		2,426,825
Telenor ASA		43,688		808,803
Veidekke ASA		6,749		57,266

Total Norway				5,306,657
Portugal – 0.7%
Banco Espirito Santo S.A.		40,229		73,395
Brisa Auto-Estradas de Portugal S.A.^(a)		30,602		108,810
Cimpor Cimentos de Portugal, SGPS, S.A.		18,043		120,139
EDP-Energias de Portugal S.A.		151,909		441,210
Mota-Engil, SGPS, S.A.		24,955		40,444
Portugal Telecom, SGPS, S.A.		50,769		275,777
REN – Redes Energeticas Nacionais S.A.		21,726		65,677
Sonae		89,549		53,187
Zon Multimedia Servicos de Telecomunicacoes e Multimedia, SGPS, S.A.		9,777		33,201

Total Portugal				1,211,840
Singapore – 2.0%
ComfortDelGro Corp., Ltd.		64,000		79,405
Keppel Land Ltd.^(a)		59,000		162,827
K-Green Trust		52,000		40,943
M1 Ltd.		50,000		101,006
SATS Ltd.		52,000		102,979
SembCorp Marine Ltd.^(a)		89,000		373,738
SIA Engineering Co., Ltd.		19,000		60,898
Singapore Exchange Ltd.		20,000		110,391
Singapore Post Ltd.		71,000		57,597
Singapore Press Holdings Ltd.		78,000		243,178
Singapore Technologies Engineering Ltd.		95,000		245,556
Singapore Telecommunications Ltd.		445,000		1,114,845
SMRT Corp., Ltd.		56,000		77,274
StarHub Ltd.		77,000		189,844
United Overseas Bank Ltd.		29,000		423,231
UOB-Kay Hian Holdings Ltd.		60,000		80,646
Venture Corp., Ltd.		8,000		54,209

Total Singapore				3,518,567

See Notes to Financial Statements.


42		WisdomTree International Dividend and Sector Funds

Schedule of Investments (continued)

WisdomTree DEFA Equity Income Fund (DTH)

March 31, 2012


Investments	Shares		Value

Spain – 7.9%
Acciona S.A.		1,604	$	111,843
Acerinox S.A.		8,464		108,623
ACS Actividades de Construccion y Servicios, S.A.^(a)		12,403		316,963
Almirall S.A.		5,827		50,672
Antena 3 de Television S.A.^(a)		11,627		69,367
Banco Bilbao Vizcaya Argentaria S.A.^(a)		140,522		1,116,623
Banco de Sabadell S.A.^(a)		55,694		151,450
Banco Espanol de Credito S.A.^(a)		23,520		112,570
Banco Santander S.A.		406,767		3,125,560
Bolsas y Mercados Espanoles S.A.		4,750		121,577
CaixaBank^(a)		130,978		509,142
Caja de Ahorros del Mediterraneo^(a)		6,353		11,337
Duro Felguera S.A.		6,916		44,853
Enagas S.A.		6,984		134,208
Endesa S.A.		28,671		570,427
Ferrovial S.A.		21,734		249,432
Fomento de Construcciones y Contratas S.A.^(a)		5,444		121,434
Gas Natural SDG S.A.		32,660		521,050
Iberdrola S.A.		182,027		1,031,919
Indra Sistemas S.A.^(a)		6,084		74,442
Mapfre S.A.^(a)		105,169		338,089
Mediaset Espana Comunicacion S.A.		15,342		87,853
Red Electrica Corp. S.A.		3,063		149,658
Repsol YPF S.A.		31,315		784,418
Telefonica S.A.		234,825		3,841,721
Zardoya Otis S.A.		12,846		166,109

Total Spain				13,921,340
Sweden – 3.0%
Axfood AB		1,775		63,613
Bilia AB Class A		3,209		63,234
Billerud AB		5,868		54,167
Boliden AB		9,654		151,168
Castellum AB		4,423		55,560
Electrolux AB Series B^(a)		7,717		162,705
Fabege AB^(a)		5,982		51,433
Hakon Invest AB		6,581		113,760
Hennes & Mauritz AB Class B		43,465		1,568,195
Hoganas AB Class B		1,544		56,195
Intrum Justitia AB		4,105		68,052
Investment AB Oresund^*		3,525		56,578
Loomis AB Class B		4,078		58,078
NCC AB Class B		3,547		74,571
Nordea Bank AB^(a)		98,788		895,521
Peab AB		11,498		58,570
Ratos AB Class B^(a)		7,642		105,785
Securitas AB Class B		10,846		104,286
Skanska AB Class B		13,614		235,334
Tele2 AB Class B		12,681		258,002
TeliaSonera AB		154,246		1,072,575

Total Sweden				5,327,382

Switzerland – 6.1%
Baloise Holding AG		1,540	$	123,868
Mobilezone Holding AG		5,111		57,961
Novartis AG		65,894		3,642,268
Roche Holding AG - Genusschein		19,258		3,347,272
SGS S.A.		139		270,049
Swiss Re AG^*		12,178		776,746
Swisscom AG^(a)		1,603		647,159
Vontobel Holding AG		2,331		59,058
Zurich Financial Services AG^*		6,712		1,801,550

Total Switzerland				10,725,931
United Kingdom – 21.3%
Aberdeen Asset Management PLC		29,507		121,162
Admiral Group PLC		7,173		136,038
Amlin PLC		18,319		96,530
Antofagasta PLC		36,953		680,160
Ashmore Group PLC		17,478		102,626
AstraZeneca PLC		49,218		2,185,352
Aviva PLC		109,916		582,175
BAE Systems PLC		127,036		608,712
Balfour Beatty PLC		19,769		90,178
BBA Aviation PLC		17,345		59,306
Berendsen PLC		2,695		22,477
British American Tobacco PLC		56,908		2,864,585
British Land Co. PLC		23,339		178,954
Britvic PLC		8,907		54,747
BT Group PLC		176,042		636,798
Cable & Wireless Communications PLC		205,777		106,163
Cable & Wireless Worldwide PLC		151,709		82,414
Carillion PLC		12,058		57,489
Centrica PLC		147,912		747,737
Close Brothers Group PLC		5,856		73,448
Daily Mail & General Trust PLC Class A		9,348		67,435
Dairy Crest Group PLC		12,190		64,876
De La Rue PLC		4,606		66,233
Drax Group PLC		15,733		136,873
Electrocomponents PLC		9,214		36,480
Fidessa Group PLC		1,864		49,289
Firstgroup PLC		19,553		74,259
GlaxoSmithKline PLC		177,494		3,960,350
Greene King PLC		7,379		60,482
Halfords Group PLC		9,241		45,859
Hays PLC		56,728		76,452
Home Retail Group PLC		46,644		84,959
HSBC Holdings PLC		433,406		3,841,849
ICAP PLC		17,704		111,110
IG Group Holdings PLC		12,119		87,134
Imperial Tobacco Group PLC		28,439		1,151,864
Inmarsat PLC		11,011		80,980
Interserve PLC		5,655		26,320
J. Sainsbury PLC		56,259		279,821
Jardine Lloyd Thompson Group PLC		4,512		50,355
Kesa Electricals PLC		25,492		28,511

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			43

Schedule of Investments (concluded)

WisdomTree DEFA Equity Income Fund (DTH)

March 31, 2012


Investments	Shares		Value

Kier Group PLC		2,783	$	50,424
Ladbrokes PLC		30,894		79,027
Legal & General Group PLC		157,551		329,007
London & Stamford Property PLC		27,168		47,922
Man Group PLC		113,952		245,426
Marks & Spencer Group PLC		45,365		274,707
Marston’s PLC		32,802		51,414
Melrose PLC		9,018		60,962
Micro Focus International PLC		3,917		29,602
Mitie Group PLC		15,294		68,299
Moneysupermarket.com Group PLC		15,166		30,750
N. Brown Group PLC		6,266		23,227
National Grid PLC		118,166		1,190,383
Next PLC		4,274		203,703
Pearson PLC		18,293		340,502
Pennon Group PLC		7,237		82,270
Premier Farnell PLC		13,005		44,591
Provident Financial PLC		4,487		82,158
Prudential PLC		56,409		673,703
Reckitt Benckiser Group PLC		16,082		907,805
Reed Elsevier PLC		31,685		280,967
Royal Dutch Shell PLC Class A		958		33,422
Royal Dutch Shell PLC Class B		86,781		3,049,703
RSA Insurance Group PLC^(a)		148,347		247,924
Segro PLC		19,709		73,939
Severn Trent PLC		7,190		177,372
SSE PLC		30,268		642,714
Standard Life PLC		94,195		345,699
Tate & Lyle PLC		10,654		120,008
TESCO PLC		189,370		998,468
TUI Travel PLC		38,839		121,814
Tullett Prebon PLC		9,927		55,513
Unilever PLC		32,728		1,079,290
United Utilities Group PLC		23,219		223,145
Vodafone Group PLC		1,838,552		5,058,456
WH Smith PLC		7,625		66,397
William Hill PLC		17,444		72,855
WS Atkins PLC		1,997		23,420

Total United Kingdom				37,355,530
TOTAL COMMON STOCKS (Cost: $186,499,377)				174,009,599
EXCHANGE-TRADED FUND – 0.5%
United States – 0.5%
WisdomTree International LargeCap Dividend Fund^(a)(d)
(Cost: $813,350)		19,042		820,710
SHORT-TERM INVESTMENT – 0.0%
MONEY MARKET FUND – 0.0%
Invesco Treasury Fund Private Class, 0.02%^(e) (Cost: $50,400)		50,400		50,400

INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 7.7%
MONEY MARKET FUND – 7.7%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(e)
(Cost: $13,561,501)^(f)		13,561,501	$	13,561,501
TOTAL INVESTMENTS IN SECURITIES – 107.2% (Cost: $200,924,628)				188,442,210
Liabilities in Excess of Foreign Currency and Other Assets – (7.2)%				(12,632,729	)

NET ASSETS – 100.0%			$	175,809,481

RSP	– Risparmio Italian Savings Shares

^*	Non-income producing security.

^†	Security is being fair valued by a valuation committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $0, which represents 0.0% of net assets.

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Stapled Security – A security contractually bound to one or more other securities to form a single saleable unit which cannot be sold separately.

^(c)	Escrow security – additional shares issued as a result of a corporate action.

^(d)	Affiliated company (See Note 7).

^(e)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(f)	At March 31, 2012, the total market value of the Fund’s securities on loan was $12,812,908 and the total market value of the collateral held by the Fund was $13,561,501.

See Notes to Financial Statements.


44		WisdomTree International Dividend and Sector Funds

Schedule of Investments

WisdomTree Global Equity Income Fund (DEW)

March 31, 2012


Investments	Shares		Value

COMMON STOCKS – 99.2%
Argentina – 0.2%
Telecom Argentina S.A. ADR		976	$	17,295
YPF S.A. ADR		5,161		146,624

Total Argentina				163,919
Australia – 9.7%
Adelaide Brighton Ltd.		10,474		31,467
AGL Energy Ltd.		5,270		80,527
Alumina Ltd.		18,705		23,931
Amcor Ltd.		14,767		113,816
AMP Ltd.		30,838		138,009
Australia & New Zealand Banking Group Ltd.		39,639		955,149
Bank of Queensland Ltd.^(a)		4,527		34,141
Bank of Queensland Ltd. Placement Shares^*		957		7,217
Bendigo and Adelaide Bank Ltd.		6,508		52,250
Boral Ltd.		7,020		29,308
Brambles Ltd.		12,791		94,081
Caltex Australia Ltd.		3,326		47,859
Coca-Cola Amatil Ltd.		8,490		109,676
Cochlear Ltd.		430		27,574
Commonwealth Bank of Australia		22,700		1,178,154
Computershare Ltd.		5,088		47,438
Crown Ltd.		9,008		81,094
CSL Ltd.		3,458		128,569
David Jones Ltd.^(a)		11,206		27,977
Fairfax Media Ltd.		41,706		31,324
Flight Centre Ltd.^(a)		1,035		23,589
Harvey Norman Holdings Ltd.^(a)		17,138		35,686
Incitec Pivot Ltd.		11,137		36,343
Insurance Australia Group Ltd.		20,928		73,713
Leighton Holdings Ltd.		5,385		118,935
Lend Lease Group^(b)		7,367		57,010
Macquarie Group Ltd.		5,237		157,767
Metcash Ltd.		14,847		66,137
National Australia Bank Ltd.		31,898		812,900
OneSteel Ltd.		29,117		37,403
Orica Ltd.		3,210		93,011
Origin Energy Ltd.		8,087		111,843
OZ Minerals Ltd.		4,292		43,396
Platinum Asset Management Ltd.^(a)		10,055		42,291
QBE Insurance Group Ltd.		18,928		277,852
Ramsay Health Care Ltd.		1,492		30,217
Santos Ltd.		4,457		65,749
Sonic Healthcare Ltd.		5,030		65,240
Suncorp Group Ltd.		15,066		131,104
TABCORP Holdings Ltd.		25,577		72,070
Tatts Group Ltd.		18,340		47,118
Telstra Corp., Ltd.		288,123		982,002
Toll Holdings Ltd.		10,226		62,185
UGL Ltd.^(a)		2,370		32,409
Wesfarmers Ltd.		12,142		377,607
Westpac Banking Corp.		51,041		1,157,453
Woodside Petroleum Ltd.		4,848		174,826

Woolworths Ltd.		13,268	$	357,095
WorleyParsons Ltd.		2,044		60,623

Total Australia				8,843,135
Austria – 0.2%
Oesterreichische Post AG		424		14,737
OMV AG		2,138		75,877
Telekom Austria AG		7,306		84,957

Total Austria				175,571
Belgium – 0.3%
Ageas		19,704		43,243
Belgacom S.A.		6,162		197,804
Mobistar S.A.		912		45,362

Total Belgium				286,409
Brazil – 3.0%
AES Tiete S.A.		3,100		42,244
Banco do Brasil S.A.		25,700		365,291
Banco Santander Brasil S.A.		34,700		319,553
BM&F Bovespa S.A.		15,900		97,528
CCR S.A.		13,600		110,109
Cia de Bebidas das Americas		13,400		462,753
Cia de Saneamento Basico do Estado de Sao Paulo^*		1,000		38,102
Cia de Saneamento de Minas Gerais-COPASA^*		800		18,848
Cia Energetica de Minas Gerais		4,200		86,012
Cia Siderurgica Nacional S.A.		16,800		158,027
Cielo S.A.		7,540		254,640
CPFL Energia S.A.		10,300		154,813
EcoRodovias Infraestrutura e Logistica S.A.		3,700		32,512
EDP – Energias do Brasil S.A.		1,200		27,206
Light S.A.		4,600		64,677
Lojas Renner S.A.		600		20,526
Natura Cosmeticos S.A.		3,500		75,687
Redecard S.A.		9,600		186,548
Souza Cruz S.A.		14,000		213,342
Sul America S.A.		2,800		25,954

Total Brazil				2,754,372
Canada – 4.7%
ARC Resources Ltd.^(a)		2,695		61,749
Bank of Montreal^(a)		4,367		259,106
Bank of Nova Scotia^(a)		6,868		383,995
Baytex Energy Corp.^(a)		932		48,295
BCE, Inc.		7,214		288,286
Bell Aliant, Inc.		1,100		30,046
Bonavista Energy Corp.^(a)		2,051		41,453
Canadian Imperial Bank of Commerce		3,400		259,359
Canadian Oil Sands Ltd.		4,508		94,900
CI Financial Corp.		3,300		75,083
Crescent Point Energy Corp.^(a)		3,300		141,780
Emera, Inc.		800		27,143
Enerplus Corp.		2,656		59,368
First Capital Realty, Inc.^(a)		3,200		57,151
Fortis, Inc.^(a)		1,100		35,517
Great-West Lifeco, Inc.^(a)		7,732		189,848

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			45

Schedule of Investments (continued)

WisdomTree Global Equity Income Fund (DEW)

March 31, 2012


Investments	Shares		Value

Husky Energy, Inc.^(a)		7,570	$	192,232
IGM Financial, Inc.		2,600		120,836
Just Energy Group, Inc.^(a)		2,141		29,562
Labrador Iron Ore Royalty Corp.		1,007		35,466
Pembina Pipeline Corp.^(a)		1,512		42,632
Pengrowth Energy Corp.^(a)		4,808		44,980
Penn West Petroleum Ltd.^(a)		4,193		81,767
PetroBakken Energy Ltd. Class A^(a)		2,141		35,582
Power Corp. of Canada		3,500		92,591
Power Financial Corp.		5,216		153,122
Provident Energy Ltd.^(a)		3,565		42,946
RioCan Real Estate Investment Trust^(a)		3,000		81,135
Rogers Communications, Inc. Class B		4,100		162,449
Royal Bank of Canada^(a)		8,888		514,098
Shaw Communications, Inc. Class B		4,000		84,486
Sun Life Financial, Inc.		4,704		111,405
TELUS Corp.		800		46,329
TransAlta Corp.^(a)		3,300		61,744
TransCanada Corp.^(a)		4,862		208,354
Veresen, Inc.^(a)		2,324		35,251
Vermilion Energy, Inc.^(a)		854		39,314

Total Canada				4,269,360
Chile – 0.8%
AES Gener S.A.		85,579		52,519
Aguas Andinas S.A. Class A		69,202		41,395
Banco de Chile		867,648		137,110
Banco Santander Chile		1,503,505		124,864
Corpbanca		2,846,026		38,386
Empresa Nacional de Electricidad S.A.		51,668		93,091
Enersis S.A.		213,847		86,787
ENTEL Chile S.A.		3,221		65,154
Quinenco S.A.		18,058		56,891

Total Chile				696,197
China – 0.5%
Bank of China Ltd. Class H		573,000		231,001
Guangzhou R&F Properties Co., Ltd. Class H^(a)		38,400		45,750
PetroChina Co., Ltd. Class H		118,000		166,878
Zhejiang Expressway Co., Ltd. Class H		64,000		47,810

Total China				491,439
Czech Republic – 0.5%
CEZ AS		5,733		245,273
Komercni Banka AS		353		69,998
Telefonica Czech Republic AS		6,106		127,590

Total Czech Republic				442,861
Finland – 1.1%
Elisa Oyj		1,160		27,760
Fortum Oyj		7,624		184,782
Metso Oyj^(a)		1,039		44,345
Nokia Oyj		61,482		334,216
Pohjola Bank PLC Class A^(a)		3,207		35,469
Sampo Oyj Class A		6,101		176,062
Sanoma Oyj^(a)		2,881		36,832

Stora Enso Oyj Class R		3,705	$	27,482
UPM-Kymmene Oyj^(a)		4,308		58,574
Wartsila Oyj Abp		2,098		79,012

Total Finland				1,004,534
France – 7.0%
Accor S.A.		1,697		60,497
AXA S.A.		18,308		303,053
BNP Paribas S.A.		8,599		407,380
Bouygues S.A.		3,801		116,067
Carrefour S.A.		4,654		111,404
Casino Guichard Perrachon S.A.		910		89,555
CNP Assurances		6,586		102,616
EDF S.A.		14,081		320,841
Euler Hermes S.A.		300		23,531
France Telecom S.A.		45,069		666,504
GDF Suez		24,753		638,504
ICADE		566		50,418
Klepierre		2,122		73,473
Lafarge S.A.		2,537		120,900
Lagardere SCA		1,538		47,374
M6-Metropole Television S.A.		2,355		42,495
Natixis		32,247		123,891
Neopost S.A.		571		36,667
Sanofi		11,035		855,708
SCOR SE		2,497		67,370
Societe Generale S.A.		6,148		179,834
Societe Television Francaise 1		2,334		28,536
Suez Environnement Co.		4,422		67,721
Total S.A.		24,708		1,258,235
Veolia Environnement S.A.		5,745		95,135
Vinci S.A.		4,161		216,661
Vivendi S.A.		17,008		311,658

Total France				6,416,028
Germany – 4.3%
Allianz SE		4,007		477,423
Axel Springer AG		660		33,285
BASF SE		5,746		501,891
Bilfinger Berger SE		361		33,859
Daimler AG^(a)		7,176		432,039
Deutsche Boerse AG		1,418		95,324
Deutsche Lufthansa AG		3,071		42,921
Deutsche Post AG		11,712		225,141
Deutsche Telekom AG		51,895		623,843
E.ON AG		26,505		633,929
Hannover Rueckversicherung AG		1,494		88,615
Muenchener Rueckversicherungs AG		2,160		325,185
RWE AG		8,769		418,119
SMA Solar Technology AG^(a)		271		12,263

Total Germany				3,943,837
Hong Kong – 2.8%
BOC Hong Kong Holdings Ltd.		84,500		233,452
Cathay Pacific Airways Ltd.		42,000		77,790

See Notes to Financial Statements.


46		WisdomTree International Dividend and Sector Funds

Schedule of Investments (continued)

WisdomTree Global Equity Income Fund (DEW)

March 31, 2012


Investments	Shares		Value

China Mobile Ltd.		150,000	$	1,650,889
CLP Holdings Ltd.		19,000		163,962
Guangdong Investment Ltd.		60,000		41,808
Hang Seng Bank Ltd.		16,000		212,674
Hopewell Holdings Ltd.		7,500		20,576
Power Assets Holdings Ltd.		17,500		128,477
Shanghai Industrial Holdings Ltd.		8,000		24,678

Total Hong Kong				2,554,306
Hungary – 0.1%
Magyar Telekom Telecommunications PLC		15,515		40,490
Indonesia – 0.3%
Astra Agro Lestari Tbk PT		14,000		35,750
Perusahaan Gas Negara Persero Tbk PT		171,000		71,063
Telekomunikasi Indonesia Persero Tbk PT		136,000		104,112
Vale Indonesia Tbk PT		124,500		45,953

Total Indonesia				256,878
Ireland – 0.1%
CRH PLC		5,690		115,934
Israel – 0.4%
Bank Leumi Le-Israel BM		14,586		45,945
Bezeq The Israeli Telecommunication Corp., Ltd.		54,634		89,731
Cellcom Israel Ltd.		2,303		29,179
Delek Group Ltd.		264		51,661
Israel Chemicals Ltd.		8,804		100,196
Partner Communications Co., Ltd.		3,747		28,911

Total Israel				345,623
Italy – 2.5%
A2A SpA^(a)		46,394		37,162
ACEA SpA		2,602		16,522
Atlantia SpA		5,642		93,543
Banca Carige SpA^(a)		18,226		23,883
Banca Popolare di Sondrio SCRL		4,289		31,414
Enel SpA		93,070		336,129
ENI SpA		44,579		1,044,245
Intesa Sanpaolo SpA		91,354		163,506
Iren SpA		40,724		34,844
Mediaset SpA		21,355		58,811
Mediolanum SpA		8,176		38,805
Snam SpA		34,467		165,514
Telecom Italia SpA		132,024		156,740
Terna Rete Elettrica Nazionale SpA		23,494		94,299

Total Italy				2,295,417
Japan – 4.4%
Astellas Pharma, Inc.		3,500		144,602
Chubu Electric Power Co., Inc.		7,200		130,710
Chugoku Electric Power Co., Inc. (The)		3,500		65,369
Dai Nippon Printing Co., Ltd.		4,000		41,120
Daiichi Sankyo Co., Ltd.		5,100		93,454
Daito Trust Construction Co., Ltd.		700		63,200
Eisai Co., Ltd.		3,000		119,934
Hokuriku Electric Power Co.		2,400		43,628

Hoya Corp.		3,400	$	76,804
Kansai Electric Power Co., Inc. (The)		8,500		132,414
Kyushu Electric Power Co., Inc.		4,700		67,335
Lawson, Inc.		700		44,316
Mitsubishi UFJ Financial Group, Inc.		79,200		396,505
Mitsui & Co., Ltd.		11,600		191,278
Mizuho Financial Group, Inc.^(a)		183,100		300,365
Nintendo Co., Ltd.		900		136,157
Nippon Express Co., Ltd.		6,000		23,549
Nippon Telegraph & Telephone Corp.		8,000		365,028
Nippon Yusen K.K.		10,000		31,594
NKSJ Holdings, Inc.		3,372		75,803
NTT DoCoMo, Inc.		267		445,784
Oracle Corp.		1,000		38,216
Resona Holdings, Inc.		16,600		76,853
Ricoh Co., Ltd.		5,000		48,909
Sankyo Co., Ltd.		500		24,667
Shikoku Electric Power Co., Inc.		1,400		39,689
Shiseido Co., Ltd.		2,900		50,321
Sumitomo Mitsui Financial Group, Inc.		10,300		340,809
Takeda Pharmaceutical Co., Ltd.		7,000		310,043
TonenGeneral Sekiyu K.K.		4,000		37,038
Toppan Printing Co., Ltd.		5,000		39,249

Total Japan				3,994,743
Malaysia – 1.3%
British American Tobacco Malaysia Bhd		3,900		72,080
DiGi.Com Bhd		82,200		108,938
IOI Corp. Bhd		41,800		72,862
Malayan Banking Bhd		101,400		293,592
Maxis Bhd		78,600		156,251
MISC Bhd		43,100		75,690
Petronas Gas Bhd		20,800		114,337
Public Bank Bhd		33,732		150,189
Telekom Malaysia Bhd		48,000		83,356
UMW Holdings Bhd		14,300		34,075
YTL Power International Bhd		74,900		45,231

Total Malaysia				1,206,601
Mexico – 0.2%
Industrias Penoles S.A.B de C.V.		3,310		160,303
Kimberly-Clark de Mexico S.A.B de C.V. Class A		24,200		53,668

Total Mexico				213,971
Netherlands – 1.1%
Delta Lloyd N.V.		1,107		19,430
Koninklijke Boskalis Westminster N.V.		668		25,055
Koninklijke KPN N.V.		20,782		228,267
Koninklijke Philips Electronics N.V.		6,992		141,531
PostNL N.V.		6,312		38,918
Randstad Holding N.V.		1,107		41,705
Reed Elsevier N.V.		5,774		73,632
Unilever N.V. CVA		11,550		392,450
Wolters Kluwer N.V.		2,231		42,188

Total Netherlands				1,003,176

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			47

Schedule of Investments (continued)

WisdomTree Global Equity Income Fund (DEW)

March 31, 2012


Investments	Shares		Value

New Zealand – 0.1%
Auckland International Airport Ltd.		17,052	$	34,375
Fletcher Building Ltd.		3,514		19,408
Telecom Corp. of New Zealand Ltd.		38,325		76,158

Total New Zealand				129,941
Norway – 1.6%
Aker ASA Class A		1,061		34,691
DNB ASA		17,355		222,716
Fred Olsen Energy ASA		1,369		53,593
Gjensidige Forsikring ASA		5,339		62,946
Marine Harvest ASA		142,984		73,697
Orkla ASA		12,436		98,240
Statoil ASA		25,660		695,477
Telenor ASA		12,658		234,340

Total Norway				1,475,700
Philippines – 0.3%
Aboitiz Equity Ventures, Inc.		39,900		46,558
Aboitiz Power Corp.		54,700		43,189
Globe Telecom, Inc.		2,660		70,256
Philippine Long Distance Telephone Co.		2,200		138,349

Total Philippines				298,352
Poland – 0.3%
Bank Handlowy w Warszawie S.A.		819		20,115
Bank Pekao S.A.		1,796		89,259
Powszechna Kasa Oszczednosci Bank Polski S.A.		9,751		105,051
Telekomunikacja Polska S.A.		15,215		83,373

Total Poland				297,798
Portugal – 0.4%
Banco Espirito Santo S.A.		12,478		22,765
Brisa Auto-Estradas de Portugal S.A.		9,930		35,307
Cimpor Cimentos de Portugal, SGPS, S.A.		8,466		56,371
EDP-Energias de Portugal S.A.		46,288		134,441
Portugal Telecom, SGPS, S.A.		14,174		76,993

Total Portugal				325,877
Russia – 0.7%
Gazprom Neft JSC ADR		5,536		147,756
Lukoil OAO ADR		4,933		296,967
Mobile Telesystems OJSC ADR^*		9,500		174,230

Total Russia				618,953
Singapore – 1.2%
Keppel Corp., Ltd.		8,800		76,917
Keppel Land Ltd.		13,000		35,877
SembCorp Industries Ltd.		9,000		37,794
SembCorp Marine Ltd.^(a)		29,000		121,780
SIA Engineering Co., Ltd.		8,000		25,641
Singapore Exchange Ltd.		7,000		38,637
Singapore Press Holdings Ltd.		33,000		102,883
Singapore Technologies Engineering Ltd.		37,000		95,638
Singapore Telecommunications Ltd.		129,000		323,180
StarHub Ltd.		36,000		88,758
United Overseas Bank Ltd.		7,000		102,159

Total Singapore				1,049,264

South Africa – 1.7%
ABSA Group Ltd.		4,489	$	91,248
African Bank Investments Ltd.		12,268		63,717
Aveng Ltd.		5,950		30,306
FirstRand Ltd.		40,780		125,934
Foschini Group Ltd. (The)		2,232		35,970
Imperial Holdings Ltd.		1,886		38,091
Kumba Iron Ore Ltd.^(a)		4,172		285,969
MMI Holdings Ltd.		13,491		31,132
MTN Group Ltd.		11,207		197,167
Nedbank Group Ltd.		3,144		67,185
Pick’n Pay Stores Ltd.		4,649		26,351
Pretoria Portland Cement Co., Ltd.		9,634		41,175
RMB Holdings Ltd.		11,705		47,692
Sanlam Ltd.		21,207		91,686
Standard Bank Group Ltd.		11,341		164,561
Vodacom Group Ltd.		9,998		140,892
Woolworths Holdings Ltd.		7,356		46,151

Total South Africa				1,525,227
South Korea – 0.4%
Kangwon Land, Inc.		1,730		38,400
Korea Exchange Bank		14,560		111,283
KT&G Corp.		1,668		118,359
LG Uplus Corp.		12,370		74,239
SK Telecom Co., Ltd.		510		62,791

Total South Korea				405,072
Spain – 4.5%
Acciona S.A.		604		42,116
Acerinox S.A.		1,709		21,933
ACS Actividades de Construccion y Servicios, S.A.^(a)		4,371		111,702
Banco Bilbao Vizcaya Argentaria S.A.^(a)		39,875		316,857
Banco de Sabadell S.A.		14,944		40,638
Banco Espanol de Credito S.A.^(a)		11,464		54,868
Banco Santander S.A.		120,396		925,112
Bankinter S.A.^(a)		5,797		30,362
Bolsas y Mercados Espanoles S.A.		870		22,268
CaixaBank^(a)		40,230		156,383
Enagas S.A.		2,627		50,482
Endesa S.A.		7,519		149,595
Ferrovial S.A.		6,008		68,951
Fomento de Construcciones y Contratas S.A.		2,386		53,222
Gas Natural SDG S.A.		10,562		168,504
Iberdrola S.A.		54,197		307,245
Indra Sistemas S.A.^(a)		2,108		25,793
Mapfre S.A.^(a)		25,581		82,236
Mediaset Espana Comunicacion S.A.		4,359		24,961
Red Electrica Corp. S.A.		1,147		56,042
Repsol YPF S.A.		9,645		241,600
Telefonica S.A.		68,108		1,114,242
Zardoya Otis S.A.		4,839		62,572

Total Spain				4,127,684

See Notes to Financial Statements.


48		WisdomTree International Dividend and Sector Funds

Schedule of Investments (continued)

WisdomTree Global Equity Income Fund (DEW)

March 31, 2012


Investments	Shares		Value

Sweden – 1.9%
Boliden AB		2,455	$	38,442
Castellum AB		2,050		25,751
Electrolux AB Series B^(a)		2,458		51,825
Hakon Invest AB		2,110		36,474
Hennes & Mauritz AB Class B		12,573		453,627
Nordea Bank AB^(a)		27,348		247,912
Peab AB		4,507		22,958
Ratos AB Class B^(a)		3,229		44,697
Scania AB Class B		2,632		54,581
Securitas AB Class B		3,867		37,182
Skanska AB Class B		4,646		80,312
Svenska Cellulosa AB Class B^(a)		5,163		89,171
Svenska Handelsbanken AB Class A^(a)		5,615		178,469
Tele2 AB Class B		3,592		73,081
TeliaSonera AB		43,556		302,874

Total Sweden				1,737,356
Switzerland – 5.2%
Baloise Holding AG		606		48,743
BKW S.A.^*		450		16,131
Credit Suisse Group AG^*		8,840		251,649
Nestle S.A.		20,918		1,314,535
Novartis AG		19,866		1,098,086
Roche Holding AG – Genusschein		5,637		979,778
SGS S.A.		47		91,312
Swiss Re AG^*		3,361		214,374
Swisscom AG^(a)		529		213,567
Zurich Financial Services AG^*		1,886		506,216

Total Switzerland				4,734,391
Taiwan – 2.4%
Acer, Inc.		34,000		45,100
Asia Cement Corp.		31,082		37,859
Asustek Computer, Inc.		6,161		58,135
China Development Financial Holding Corp.		80,631		24,587
Chunghwa Telecom Co., Ltd.		73,800		227,292
Compal Electronics, Inc.		53,335		59,995
Delta Electronics, Inc.		13,000		38,100
Far EasTone Telecommunications Co., Ltd.		44,000		90,193
Formosa Chemicals & Fibre Corp.		41,000		119,745
Formosa Petrochemical Corp.		59,000		183,910
Formosa Plastics Corp.		40,000		117,773
Fubon Financial Holding Co., Ltd.		59,447		66,971
Lite-On Technology Corp.		32,120		38,852
Macronix International		57,000		21,244
MediaTek, Inc.		15,000		143,574
Mega Financial Holding Co., Ltd.		69,040		48,772
Quanta Computer, Inc.		42,000		110,000
Siliconware Precision Industries Co.		42,000		50,945
Taiwan Cement Corp.		28,000		32,777
Taiwan Mobile Co., Ltd.		36,800		112,091
Taiwan Semiconductor Manufacturing Co., Ltd.		180,000		517,779
United Microelectronics Corp.		87,000		42,594
Wistron Corp.		24,799		37,390

Total Taiwan				2,225,678

Thailand – 0.6%
Advanced Info Service PCL		43,800	$	261,238
Charoen Pokphand Foods PCL		66,200		79,934
Land and Houses PCL NVDR		174,486		39,026
Siam Cement PCL NVDR		8,595		98,905
Total Access Communication PCL NVDR		28,300		75,222

Total Thailand				554,325
Turkey – 0.5%
Arcelik A.S.^*		5,108		22,805
Eregli Demir ve Celik Fabrikalari TAS		26,645		52,456
Ford Otomotiv Sanayi A.S.		7,193		67,778
Tofas Turk Otomobil Fabrikasi A.S.		6,522		27,875
Tupras Turkiye Petrol Rafinerileri A.S.		3,406		86,922
Turk Telekomunikasyon A.S.		50,313		218,421

Total Turkey				476,257
United Kingdom – 12.6%
Aberdeen Asset Management PLC		9,022		37,046
Admiral Group PLC		2,743		52,022
Amlin PLC		6,583		34,688
Antofagasta PLC		10,791		198,620
Ashmore Group PLC		8,261		48,506
AstraZeneca PLC		13,986		620,999
Aviva PLC		36,682		194,288
BAE Systems PLC		36,629		175,513
Balfour Beatty PLC		7,087		32,328
British American Tobacco PLC		16,911		851,251
British Land Co. PLC		10,597		81,254
BT Group PLC		49,151		177,794
Bunzl PLC		2,981		47,819
Cable & Wireless Worldwide PLC		47,967		26,057
Centrica PLC		45,697		231,011
Compass Group PLC		9,750		102,114
Diageo PLC		15,953		382,971
Drax Group PLC		3,820		33,233
Firstgroup PLC		6,982		26,517
GlaxoSmithKline PLC		52,848		1,179,175
Hays PLC		24,644		33,213
Home Retail Group PLC		15,029		27,374
HSBC Holdings PLC		122,514		1,086,003
ICAP PLC		6,905		43,336
Imperial Tobacco Group PLC		8,555		346,503
Inmarsat PLC		2,936		21,593
Investec PLC		6,516		39,801
J. Sainsbury PLC		17,384		86,464
Legal & General Group PLC		56,004		116,951
Man Group PLC		37,407		80,566
Marks & Spencer Group PLC		13,101		79,333
National Grid PLC		37,018		372,913
Next PLC		1,446		68,918
Old Mutual PLC		27,434		69,519
Pearson PLC		6,456		120,171
Prudential PLC		17,429		208,158
Reckitt Benckiser Group PLC		4,417		249,333

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			49

Schedule of Investments (continued)

WisdomTree Global Equity Income Fund (DEW)

March 31, 2012


Investments	Shares		Value

Reed Elsevier PLC		10,598	$	93,978
Rexam PLC		8,458		57,852
Royal Dutch Shell PLC Class A		284		9,908
Royal Dutch Shell PLC Class B		25,856		908,645
RSA Insurance Group PLC^(a)		49,734		83,118
Segro PLC		7,830		29,374
Severn Trent PLC		2,985		73,638
SSE PLC		10,232		217,267
Standard Life PLC		32,200		118,175
Tate & Lyle PLC		4,540		51,139
TESCO PLC		53,672		282,990
TUI Travel PLC		11,482		36,012
Unilever PLC		8,884		292,973
United Utilities Group PLC		9,314		89,512
Vodafone Group PLC		549,848		1,512,811
WM Morrison Supermarkets PLC		19,971		95,088

Total United Kingdom				11,535,835
United States – 19.3%
Abbott Laboratories		9,186		563,010
Alliant Energy Corp.		1,204		52,157
Altria Group, Inc.		20,926		645,986
Ameren Corp.		2,452		79,886
American Eagle Outfitters, Inc.		1,775		30,512
American Electric Power Co., Inc.		4,288		165,431
Apollo Investment Corp.		3,789		27,167
Ares Capital Corp.		2,760		45,126
Arthur J. Gallagher & Co.		1,453		51,930
AT&T, Inc.		57,779		1,804,438
Bristol-Myers Squibb Co.		14,758		498,083
Campbell Soup Co.		1,392		47,119
Capitol Federal Financial, Inc.		2,717		32,224
CBL & Associates Properties, Inc.		2,180		41,246
CenterPoint Energy, Inc.		2,098		41,373
CenturyLink, Inc.		4,320		166,968
Cincinnati Financial Corp.		1,984		68,468
ConAgra Foods, Inc.		2,044		53,675
ConocoPhillips		8,950		680,289
Consolidated Edison, Inc.		2,812		164,277
Diamond Offshore Drilling, Inc.^(a)		1,488		99,324
Digital Realty Trust, Inc.^(a)		493		36,467
Dominion Resources, Inc.		4,582		234,644
DTE Energy Co.		1,450		79,793
Duke Energy Corp.		13,478		283,173
Duke Realty Corp.		2,667		38,245
Edison International		2,284		97,093
Eli Lilly & Co.		11,284		454,407
Entergy Corp.		1,472		98,918
Exelon Corp.		6,067		237,887
Fidelity National Financial, Inc. Class A		2,191		39,504
First Niagara Financial Group, Inc.		7,238		71,222
FirstEnergy Corp.		3,328		151,724
Frontier Communications Corp.^(a)		15,667		65,331
H&R Block, Inc.		2,578		42,460

H.J. Heinz Co.		2,379	$	127,395
HCP, Inc.		3,020		119,169
Health Care REIT, Inc.		1,604		88,156
Hospitality Properties Trust		1,916		50,717
Hudson City Bancorp, Inc.		5,148		37,632
Integrys Energy Group, Inc.		926		49,069
Johnson & Johnson		15,171		1,000,679
Kimberly-Clark Corp.		2,978		220,044
Kimco Realty Corp.		2,628		50,615
Kraft Foods, Inc. Class A		10,953		416,324
Leggett & Platt, Inc.		1,044		24,022
Liberty Property Trust		1,490		53,223
Lockheed Martin Corp.		2,129		191,312
Lorillard, Inc.		1,056		136,731
Macerich Co. (The)		1,100		63,525
Mack-Cali Realty Corp.		1,100		31,702
Mattel, Inc.		2,812		94,652
Merck & Co., Inc.		22,436		861,542
Mercury General Corp.		920		40,241
Microchip Technology, Inc.		1,546		57,511
New York Community Bancorp, Inc.^(a)		4,581		63,722
NextEra Energy, Inc.		2,760		168,581
NiSource, Inc.		3,507		85,395
NSTAR		1,044		50,770
Nucor Corp.		1,852		79,543
NYSE Euronext		2,202		66,082
Old Republic International Corp.		2,880		30,384
Omega Healthcare Investors’ Inc.		1,802		38,311
Paychex, Inc.		3,353		103,909
People’s United Financial, Inc.		3,700		48,988
Pepco Holdings, Inc.		3,034		57,312
Pfizer, Inc.		52,729		1,194,839
PG&E Corp.		2,831		122,894
Philip Morris International, Inc.		11,571		1,025,306
Pinnacle West Capital Corp.		1,267		60,689
Pitney Bowes, Inc.^(a)		2,448		43,036
Plum Creek Timber Co., Inc.		1,490		61,924
PPL Corp.		3,678		103,940
Progress Energy, Inc.		3,289		174,679
Public Service Enterprise Group, Inc.		3,678		112,584
R.R. Donnelley & Sons Co.^(a)		2,636		32,660
Realty Income Corp.		1,472		57,011
Regal Entertainment Group Class A^(a)		2,464		33,510
Regency Centers Corp.		968		43,057
Reynolds American, Inc.		5,832		241,678
SCANA Corp.^(a)		1,338		61,026
Senior Housing Properties Trust		1,875		41,344
Southern Co. (The)		6,883		309,253
Southern Copper Corp.		9,228		292,620
Spectra Energy Corp.		5,135		162,009
Sysco Corp.		2,946		87,968
TECO Energy, Inc.		2,374		41,664
Ventas, Inc.		2,181		124,535
Verizon Communications, Inc.		27,070		1,034,886

See Notes to Financial Statements.


50		WisdomTree International Dividend and Sector Funds

Schedule of Investments (concluded)

WisdomTree Global Equity Income Fund (DEW)

March 31, 2012


Investments	Shares		Value

Waste Management, Inc.		3,308	$	115,648
Windstream Corp.		7,482		87,614
Xcel Energy, Inc.		4,159		110,089

Total United States				17,573,278
TOTAL COMMON STOCKS (Cost: $88,907,663)				90,605,789
EXCHANGE-TRADED FUNDS – 0.3%
United States – 0.3%
WisdomTree DEFA Equity Income Fund^(a)(c)		4,588		178,611
WisdomTree Equity Income Fund^(a)(c)		1,328		59,494

TOTAL EXCHANGE-TRADED FUNDS (Cost: $231,536)				238,105
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 6.1%
MONEY MARKET FUND – 6.1%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(d)
(Cost: $5,541,194)^(e)		5,541,194		5,541,194
TOTAL INVESTMENTS IN SECURITIES – 105.6% (Cost: $94,680,393)				96,385,088
Liabilities in Excess of Foreign Currency and Other Assets – (5.6)%				(5,081,059	)

NET ASSETS – 100.0%			$	91,304,029

ADR – American Depositary Receipt

NVDR – Non-Voting Depositary Receipt

^*	Non-income producing security.

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Stapled Security – A security contractually bound to one or more other securities to form a single saleable unit which cannot be sold separately.

^(c)	Affiliated company (See Note 7).

^(d)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(e)	At March 31, 2012, the total market value of the Fund’s securities on loan was $5,250,315 and the total market value of the collateral held by the Fund was $5,541,194.

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			51

Schedule of Investments

WisdomTree Europe SmallCap Dividend Fund (DFE)

March 31, 2012


Investments	Shares		Value

COMMON STOCKS – 99.5%
Austria – 1.4%
Austriamicrosystems AG		632	$	44,961
CAT Oil AG		7,598		63,239
RHI AG		3,229		81,572
Schoeller-Bleckmann Oilfield Equipment AG		1,139		104,705
Semperit AG Holding		2,247		96,173
Zumtobel AG		1,388		19,575

Total Austria				410,225
Belgium – 4.0%
Arseus N.V.		3,801		62,108
Barco N.V.		795		57,360
Cie Maritime Belge S.A.		7,841		186,178
Cofinimmo		3,098		380,381
EVS Broadcast Equipment S.A.		2,429		125,765
Exmar N.V.		12,318		106,133
Ion Beam Applications		1,546		12,991
Melexis N.V.		3,146		55,302
Recticel S.A.		3,903		31,654
Tessenderlo Chemie N.V.		3,843		128,097

Total Belgium				1,145,969
Denmark – 1.3%
D/S Norden		6,566		195,104
East Asiatic Co., Ltd. A/S^(a)		1,858		54,211
NKT Holding A/S^(a)		590		26,825
Royal UNIBREW A/S		1,393		96,747

Total Denmark				372,887
Finland – 5.9%
Aktia Oyj Class A^*		6,316		46,681
Alma Media Oyj^(a)		24,197		172,071
Citycon Oyj		11,842		39,583
F-Secure Oyj^*		11,304		30,107
HKScan Oyj Class A		6,809		48,421
Huhtamaki Oyj		16,109		233,831
Lassila & Tikanoja Oyj^*		4,785		70,285
Oriola-KD Oyj Class B		6,252		15,569
Orion Oyj Class A		10,045		198,380
PKC Group Oyj^*		2,134		48,851
Poyry Oyj		1,138		9,093
Raisio PLC Class V^(a)		18,557		60,792
Ramirent Oyj^(a)		9,099		79,367
Stockmann Oyj Abp Class B^(a)		5,476		117,845
Tieto Oyj^(a)		14,618		274,287
Tikkurila Oyj^(a)		6,198		117,288
Uponor Oyj^(a)		11,773		135,459

Total Finland				1,697,910
France – 3.9%
Alten Ltd.		3,566		113,402
April		4,366		80,759
Assystem		1,072		24,069
Beneteau S.A.		2,638		31,969
Groupe Steria SCA		973		22,105

IPSOS		2,061	$	73,790
LaCie S.A.		10,994		50,218
Mersen		1,367		48,378
NRJ Group		9,312		81,721
Plastic Omnium S.A.		3,645		105,454
Rubis		2,694		157,298
Saft Groupe S.A.		2,499		80,868
Sechilienne-Sidec		3,648		62,329
Societe d’Edition de Canal +		23,720		150,043
Sword Group		1,268		23,134

Total France				1,105,537
Germany – 7.7%
Asian Bamboo AG		579		8,952
Bauer AG		1,118		34,303
BayWa AG		1,667		63,291
Bechtle AG		1,388		61,737
Bertrandt AG		664		49,960
Carl Zeiss Meditec AG		8,709		211,079
Comdirect Bank AG^(a)		23,383		270,070
CropEnergies AG		3,929		26,454
Delticom AG		1,291		137,366
Demag Cranes AG^(a)		928		63,027
Deutsche Wohnen AG		5,432		80,150
Drillisch AG		10,347		124,012
Duerr AG		718		45,637
Freenet AG^(a)		9,180		148,289
Gerresheimer AG		1,356		59,230
Gerry Weber International AG		3,553		136,126
H&R AG		3,243		64,802
Indus Holding AG		1,506		46,428
Kontron AG		4,664		38,869
Leoni AG		1,697		88,136
MLP AG		15,160		134,456
Pfeiffer Vacuum Technology AG		1,273		144,012
Praktiker AG^(a)		2,828		6,922
PSI AG Gesellschaft Fuer Produkte und Systeme der Informationstechnologie		583		13,078
Solarworld AG^(a)		6,735		21,230
VTG AG		1,431		27,918
Wacker Neuson SE		2,984		53,070
Wirecard AG		2,512		47,753

Total Germany				2,206,357
Ireland – 2.1%
C&C Group PLC		21,558		110,816
FBD Holdings PLC		5,928		71,838
Grafton Group PLC		16,763		69,649
Greencore Group PLC		57,134		69,605
IFG Group PLC		12,250		23,817
Kingspan Group PLC^(a)		7,898		82,039
Origin Enterprises PLC		8,990		44,895
Total Produce PLC		54,967		32,940
United Drug PLC		31,118		87,852

Total Ireland				593,451

See Notes to Financial Statements.


52		WisdomTree International Dividend and Sector Funds

Schedule of Investments (continued)

WisdomTree Europe SmallCap Dividend Fund (DFE)

March 31, 2012


Investments	Shares		Value

Italy – 10.0%
Alerion Cleanpower SpA		2,721	$	14,639
Amplifon SpA		4,682		24,130
Ansaldo STS SpA		11,780		116,715
Astaldi SpA		9,626		76,593
Autostrada Torino-Milano SpA		8,856		60,796
Azimut Holding SpA		19,038		206,499
Banca Generali SpA		20,464		274,154
Banca Piccolo Credito Valtellinese SCRL^(a)		31,272		73,420
Banca Popolare di Milano SCRL		250,331		139,080
Banco di Desio e della Brianza SpA		12,245		47,974
BasicNet SpA		12,581		36,357
Brembo SpA		6,941		79,400
Cairo Communications SpA		19,457		91,258
Cementir Holding SpA		12,382		28,361
Cofide SpA		27,057		18,610
Credito Artigiano SpA		57,161		90,965
Danieli & C Officine Meccaniche SpA		2,179		59,603
Danieli & C Officine Meccaniche SpA RSP		5,001		74,191
Esprinet SpA		6,368		33,022
Exor SpA RSP		1,350		26,518
Falck Renewables SpA		6,821		9,274
Fiat SpA RSP		14,369		78,684
Geox SpA^(a)		35,346		115,322
Gruppo Editoriale L’Espresso SpA^(a)		45,228		63,844
Immobiliare Grande Distribuzione		50,593		61,479
IMMSI SpA		39,780		31,626
Indesit Co. SpA		15,569		96,907
Interpump Group SpA		5,923		50,442
Italcementi SpA^(a)		9,946		69,007
Italcementi SpA RSP		12,104		39,330
KME Group SpA		65,698		27,822
Landi Renzo SpA		9,829		26,807
Maire Tecnimont SpA^(a)		39,987		33,814
MARR SpA		12,658		142,607
Piaggio & C. SpA		28,968		85,023
Piquadro SpA		2,706		5,816
Servizi Italia SpA		1,491		6,870
Societa Cattolica di Assicurazioni SCRL		9,561		193,150
Sogefi SpA		19,296		55,248
Trevi Finanziaria Industriale SpA		2,576		15,238
Zignago Vetro SpA		12,386		84,039

Total Italy				2,864,634
Netherlands – 3.7%
Arcadis N.V.		5,982		124,831
BE Semiconductor Industries N.V.		3,287		24,946
Beter Bed Holding N.V.		4,194		94,389
BinckBank N.V.		12,387		134,242
Brunel International N.V.		1,582		69,607
Exact Holding N.V.^(a)		6,650		156,748
Heijmans N.V. CVA		688		7,972
Koninklijke BAM Groep N.V.		5,088		23,905
Koninklijke Ten Cate N.V.		1,641		56,928

Koninklijke Wessanen N.V.		2,388	$	8,329
Mediq N.V.		5,985		93,969
Sligro Food Group N.V.		3,149		102,154
TKH Group N.V.		3,518		95,408
Unit 4 N.V.		646		18,711
USG People N.V.		4,814		48,273

Total Netherlands				1,060,412
Norway – 4.4%
ABG Sundal Collier Holding ASA		195,168		169,025
Atea ASA		11,072		133,449
Austevoll Seafood ASA		27,082		103,503
Leroey Seafood Group ASA		11,632		191,690
Nordic Semiconductor ASA		9,870		34,780
Sparebank 1 Nord Norge		9,111		50,634
SpareBank 1 SMN^(a)		22,752		145,988
SpareBank 1 SR Bank ASA^(a)		23,260		167,190
Tomra Systems ASA		6,015		49,035
Veidekke ASA		24,697		209,559

Total Norway				1,254,853
Portugal – 2.1%
Mota-Engil, SGPS, S.A.		53,357		86,474
REN – Redes Energeticas Nacionais S.A.^(a)		64,812		195,924
Semapa-Sociedade de Investimento e Gestao, SGPS, S.A.		14,026		103,236
Sonaecom – SGPS S.A.		42,247		68,356
Zon Multimedia Servicos de Telecomunicacoes e Multimedia, SGPS, S.A.^(a)		47,974		162,912

Total Portugal				616,902
Spain – 3.4%
Antena 3 de Television S.A.^(a)		57,070		340,481
Caja de Ahorros del Mediterraneo^(a)		7,768		13,862
Campofrio Food Group S.A.		3,448		29,479
Duro Felguera S.A.		29,897		193,893
Faes Farma S.A.		22,580		46,608
Fluidra S.A.		6,551		21,984
Grupo Empresarial Ence S.A.^(a)		33,975		84,381
Laboratorios Farmaceuticos Rovi S.A.		4,575		30,767
Papeles y Cartones de Europa S.A.		7,137		25,852
Pescanova S.A.		1,347		42,603
Viscofan S.A.		3,019		134,884

Total Spain				964,794
Sweden – 14.1%
AarhusKarlshamn AB^(a)		2,886		90,903
Acando AB		8,426		19,810
AF AB Class B		2,937		60,751
Atrium Ljungberg AB Class B		11,449		135,793
Axis Communications AB		8,245		222,423
Bilia AB Class A		8,704		171,513
Billerud AB		17,370		160,340
Byggmax Group AB		7,444		47,679
Clas Ohlson AB Class B		8,712		137,533
Duni AB		8,997		82,372

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			53

Schedule of Investments (continued)

WisdomTree Europe SmallCap Dividend Fund (DFE)

March 31, 2012


Investments	Shares		Value

Fabege AB^(a)		27,592	$	237,233
Gunnebo AB		2,623		13,282
Hexpol AB		1,595		54,085
Hoganas AB Class B		4,757		173,136
Husqvarna AB Class A^(a)		14,767		88,175
Industrial & Financial Systems Class B		1,716		26,831
Indutrade AB		3,275		101,428
Intrum Justitia AB		11,023		182,738
Investment AB Oresund^*		9,276		148,884
KNOW IT AB		1,972		19,912
Kungsleden AB		17,399		120,620
Lindab International AB		6,015		47,864
Loomis AB Class B		8,149		116,057
Mekonomen AB		3,428		109,783
MQ Holding AB		5,648		21,620
NCC AB Class B		17,930		376,956
New Wave Group AB Class B		6,257		32,250
Nibe Industrier AB Class B		5,490		87,496
Nolato AB Class B		7,353		77,848
Nordnet AB Class B		16,122		57,098
Proffice AB Class B		3,846		14,838
Skandinaviska Enskilda Banken AB Class C		8,861		61,977
SkiStar AB		5,997		72,982
SSAB AB Class B^(a)		9,299		75,888
Svenska Cellulosa AB Class A^(a)		12,785		220,426
Svenska Handelsbanken AB Class B		2,489		76,973
Sweco AB Class B		11,522		124,591
Systemair AB		1,980		25,290
Wihlborgs Fastigheter AB		10,451		147,267

Total Sweden				4,042,645
Switzerland – 0.8%
Ascom Holding AG		1,834		17,592
Highlight Communications AG^*(a)		5,065		26,238
Kudelski S.A.		4,275		30,555
Mobilezone Holding AG		7,124		80,789
Swisslog Holding AG^*		24,518		23,600
Tecan Group AG^*		523		38,479

Total Switzerland				217,253
United Kingdom – 34.7%
A.G. BARR PLC		2,169		40,928
Abcam PLC		5,747		32,046
Anite PLC		9,599		19,900
Ashtead Group PLC		29,349		121,170
Aveva Group PLC		2,233		59,118
BBA Aviation PLC		61,960		211,853
Bellway PLC		5,746		75,098
Berendsen PLC		25,167		209,899
Bloomsbury Publishing PLC		11,250		19,592
Bodycote PLC		16,826		103,825
Booker Group PLC		130,537		175,821
Bovis Homes Group PLC		2,921		22,486
Brammer PLC		5,806		31,540
Brewin Dolphin Holdings PLC		40,751		115,245

Britvic PLC		35,712	$	219,505
Chesnara PLC		30,012		89,670
Chime Communications PLC		4,787		16,827
Cineworld Group PLC		26,673		92,585
Close Brothers Group PLC		27,486		344,739
Computacenter PLC		16,403		115,577
Consort Medical PLC		4,530		45,453
Costain Group PLC		10,090		35,467
Cranswick PLC		5,634		72,464
CSR PLC		7,987		29,338
Dairy Crest Group PLC		23,817		126,757
De La Rue PLC		20,253		291,233
Debenhams PLC		68,793		88,811
Dechra Pharmaceuticals PLC		4,699		36,713
Development Securities PLC		10,578		26,957
Devro PLC		14,983		73,182
Dignity PLC		4,552		59,056
Diploma PLC		9,525		68,484
Domino Printing Sciences PLC		8,702		77,582
Domino’s Pizza UK & IRL PLC		15,120		104,266
DS Smith PLC		48,980		140,160
Dunelm Group PLC		13,163		109,152
E2V Technologies PLC		4,570		8,926
Elementis PLC		29,329		86,504
EMIS Group PLC		4,677		40,726
Euromoney Institutional Investor PLC		10,731		130,305
F&C Asset Management PLC		82,093		87,749
Fenner PLC		12,298		85,179
Fiberweb PLC		40,563		39,696
Fidessa Group PLC		5,407		142,976
Filtrona PLC		17,499		132,805
Galliford Try PLC		7,759		77,481
Game Group PLC^†		199,381		—
Genus PLC		2,493		50,786
Go-Ahead Group PLC		6,040		120,244
Greene King PLC		31,898		261,451
Greggs PLC		12,498		103,937
Halfords Group PLC		40,815		202,549
Hargreaves Services PLC		2,286		43,756
Hill & Smith Holdings PLC		9,963		53,327
Hilton Food Group Ltd.		2,633		12,053
Hunting PLC		9,259		140,169
Interserve PLC		25,296		117,734
ITE Group PLC		22,258		78,949
JD Sports Fashion PLC		4,144		52,671
JD Wetherspoon PLC		3,586		23,571
John Menzies PLC		7,732		74,123
Kcom Group PLC		54,510		64,014
Keller Group PLC		12,894		90,852
Kesa Electricals PLC		77,846		87,065
Kier Group PLC		5,731		103,837
Laird PLC		43,370		149,122
London & Stamford Property PLC		107,667		189,916
Lookers PLC		31,064		31,020

See Notes to Financial Statements.


54		WisdomTree International Dividend and Sector Funds

Schedule of Investments (concluded)

WisdomTree Europe SmallCap Dividend Fund (DFE)

March 31, 2012


Investments	Shares		Value

Low & Bonar PLC		23,004	$	22,420
Marshalls PLC		27,730		43,641
Marston’s PLC		114,040		178,746
May Gurney Integrated Services PLC		4,383		19,188
Mcbride PLC^*		23,443		46,071
Mears Group PLC		7,171		29,274
Melrose Resources PLC		6,449		12,674
Micro Focus International PLC		25,402		191,972
Mitie Group PLC		42,476		189,686
Moneysupermarket.com Group PLC		63,100		127,938
Morgan Crucible Co. PLC		22,702		116,796
Morgan Sindall Group PLC		10,130		109,736
Mothercare PLC		13,973		37,060
N. Brown Group PLC		40,172		148,909
NCC Group PLC		1,959		28,170
Novae Group PLC		11,349		65,278
Oxford Instruments PLC		2,042		39,641
Pace PLC		17,426		20,812
Phoenix IT Group Ltd.		7,979		24,828
Premier Farnell PLC		46,944		160,960
Promethean World PLC		25,282		29,993
Rank Group PLC		18,991		39,203
Restaurant Group PLC		21,275		100,651
Robert Walters PLC		5,702		22,320
RPC Group PLC		10,189		59,908
RPS Group PLC		14,333		54,297
RSM Tenon Group PLC		72,707		9,863
RWS Holdings PLC		3,800		31,723
Savills PLC		16,353		98,633
SDL PLC		2,233		26,402
Senior PLC		27,660		88,343
Severfield-Rowen PLC		10,003		28,808
Shanks Group PLC		30,396		47,958
Smiths News PLC		61,770		87,590
Spirent Communications PLC		23,655		60,661
Sportingbet PLC		76,768		46,303
ST Modwen Properties PLC		15,330		45,252
Sthree PLC		13,517		72,457
Synergy Health PLC		1,194		16,196
Telecom Plus PLC		7,926		87,633
TT electronics PLC		5,754		14,962
Tullett Prebon PLC		36,755		205,539
Ultra Electronics Holdings PLC		5,613		156,853
Umeco PLC		7,523		46,697
Vitec Group PLC (The)		3,871		41,655
WH Smith PLC		21,901		190,708
Wilmington Group PLC		16,977		26,650
WS Atkins PLC		11,684		137,024
WSP Group PLC		9,609		38,919
Yule Catto & Co. PLC		11,732		46,487

Total United Kingdom				9,959,480
TOTAL COMMON STOCKS (Cost: $28,090,569)				28,513,309

EXCHANGE-TRADED FUND – 0.0%
United States – 0.0%
WisdomTree International MidCap Dividend Fund^(b)
(Cost: $1,092)		26	$	1,251
RIGHTS – 0.0%
Norway – 0.0%
BWG Homes ASA, expiring 4/10/12^* (Cost: $0)		1,533		188
TOTAL LONG-TERM INVESTMENTS (Cost: $28,091,661)				28,514,748
SHORT-TERM INVESTMENT – 0.0%
MONEY MARKET FUND – 0.0%
Invesco Treasury Fund Private Class, 0.02%^(c) (Cost: $12,495)		12,495		12,495
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 9.4%
MONEY MARKET FUND – 9.4%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(c)
(Cost: $2,686,845)^(d)		2,686,845		2,686,845
TOTAL INVESTMENTS IN SECURITIES – 108.9% (Cost: $30,791,001)				31,214,088
Liabilities in Excess of Other Assets – (8.9)%				(2,546,209	)

NET ASSETS – 100.0%			$	28,667,879

RSP – Risparmio Italian Savings Shares

^*	Non-income producing security.

^†	Security is being fair valued by a valuation committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $0, which represents 0.0% of net assets.

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Affiliated company (See Note 7).

^(c)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(d)	At March 31, 2012, the total market value of the Fund’s securities on loan was $2,325,126 and the total market value of the collateral held by the Fund was $2,686,845.

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			55

Schedule of Investments

WisdomTree Japan Hedged Equity Fund (DXJ)

March 31, 2012


Investments	Shares		Value

COMMON STOCKS – 98.7%
Japan – 98.7%
Advertising – 0.1%
Hakuhodo DY Holdings, Inc.^(a)		3,350	$	211,678
Moshi Moshi Hotline, Inc.		35,950		361,269

Total Advertising				572,947
Agriculture – 1.4%
Hokuto Corp.		7,400		156,732
Japan Tobacco, Inc.		1,473		8,340,944
Sakata Seed Corp.		17,500		244,547

Total Agriculture				8,742,223
Airlines – 0.0%
All Nippon Airways Co., Ltd.^(a)		80,000		243,028
Apparel – 0.3%
Asics Corp.		11,692		132,982
Atsugi Co., Ltd.		185,000		238,289
Descente Ltd.		38,558		242,232
Gunze Ltd.		55,000		161,735
Onward Holdings Co., Ltd.^(a)		53,182		436,209
Sanyo Shokai Ltd.		61,000		166,037
Wacoal Holdings Corp.		25,000		298,013

Total Apparel				1,675,497
Auto Manufacturers – 6.5%
Daihatsu Motor Co., Ltd.^(a)		81,000		1,492,144
Fuji Heavy Industries Ltd.		109,000		880,795
Hino Motors Ltd.		48,000		348,794
Honda Motor Co., Ltd.		260,477		9,954,434
Isuzu Motors Ltd.		176,000		1,037,244
Nissan Motor Co., Ltd.		460,900		4,934,114
Nissan Shatai Co., Ltd.		21,000		220,985
Shinmaywa Industries Ltd.		37,000		185,236
Suzuki Motor Corp.		34,836		836,877
Toyota Motor Corp.		454,437		19,713,714

Total Auto Manufacturers				39,604,337
Auto Parts & Equipment – 2.7%
Aisin Seiki Co., Ltd.		42,308		1,493,980
Akebono Brake Industry Co., Ltd.^(a)		48,400		278,773
Bridgestone Corp.		67,568		1,647,019
Calsonic Kansei Corp.		25,000		153,412
Denso Corp.		103,114		3,464,490
Exedy Corp.		4,600		131,860
FCC Co., Ltd.		5,700		128,067
JTEKT Corp.		27,678		333,300
Keihin Corp.^(a)		7,800		145,204
Koito Manufacturing Co., Ltd.		20,501		333,566
KYB Co., Ltd.^(a)		19,000		116,131
Musashi Seimitsu Industry Co., Ltd.		5,500		131,794
NGK Insulators Ltd.		33,012		473,749
NGK Spark Plug Co., Ltd.		29,000		416,174
NHK Spring Co., Ltd.		31,000		335,257
Nifco, Inc.		7,300		200,651
Nippon Seiki Co., Ltd.		11,000		139,279

Nissin Kogyo Co., Ltd.^(a)		16,500	$	270,873
NOK Corp.		22,300		487,757
Riken Corp.		59,000		272,435
Sanden Corp.		29,000		95,146
Stanley Electric Co., Ltd.		34,626		553,292
Sumitomo Electric Industries Ltd.		107,000		1,473,127
Sumitomo Rubber Industries Ltd.		45,396		606,236
Taiho Kogyo Co., Ltd.		23,300		293,603
Takata Corp.		7,800		208,992
Tokai Rika Co., Ltd.		18,914		326,131
Topre Corp.		23,000		242,870
Toyo Tire & Rubber Co., Ltd.		58,000		162,805
Toyoda Gosei Co., Ltd.		19,640		384,471
Toyota Boshoku Corp.		25,000		296,494
TS Tech Co., Ltd.		17,600		347,103
Unipres Corp.		5,600		174,271
Yokohama Rubber Co., Ltd. (The)		70,917		513,598

Total Auto Parts & Equipment				16,631,910
Banks – 12.3%
77 Bank Ltd. (The)		71,000		314,904
Akita Bank Ltd. (The)		67,000		220,633
Aomori Bank Ltd. (The)^(a)		47,000		146,206
Aozora Bank Ltd.^(a)		171,000		496,616
Awa Bank Ltd. (The)^(a)		30,000		185,187
Bank of Iwate Ltd. (The)^(a)		3,400		154,930
Bank of Kyoto Ltd. (The)		43,000		392,405
Bank of Nagoya Ltd. (The)		56,000		202,102
Bank of Saga Ltd. (The)		78,000		223,683
Bank of the Ryukyus Ltd.		18,900		258,369
Bank of Yokohama Ltd. (The)		311,692		1,568,023
Chiba Bank Ltd. (The)		183,045		1,174,406
Chugoku Bank Ltd. (The)		29,000		394,325
Chukyo Bank Ltd. (The)		80,000		208,032
Daisan Bank Ltd. (The)		75,000		160,399
Daishi Bank Ltd. (The)		128,000		452,616
Ehime Bank Ltd. (The)		59,000		169,196
FIDEA Holdings Co., Ltd.		72,600		197,611
Fukui Bank Ltd. (The)		74,000		235,592
Fukuoka Financial Group, Inc.		206,878		922,586
Gunma Bank Ltd. (The)		71,000		382,198
Hachijuni Bank Ltd. (The)		59,000		349,863
Higo Bank Ltd. (The)		33,000		196,488
Hiroshima Bank Ltd. (The)^(a)		81,000		372,052
Hokkoku Bank Ltd. (The)		70,000		264,536
Hokuhoku Financial Group, Inc.		273,000		524,139
Hyakugo Bank Ltd. (The)		26,000		120,372
Hyakujushi Bank Ltd. (The)		42,000		196,488
Iyo Bank Ltd. (The)		33,000		293,930
Joyo Bank Ltd. (The)		210,314		968,577
Juroku Bank Ltd. (The)		102,000		353,241
Kagoshima Bank Ltd. (The)		34,000		218,142
Keiyo Bank Ltd. (The)		53,000		255,678
Kiyo Holdings, Inc.		164,000		245,118
Michinoku Bank Ltd. (The)		44,000		90,358

See Notes to Financial Statements.


56		WisdomTree International Dividend and Sector Funds

Schedule of Investments (continued)

WisdomTree Japan Hedged Equity Fund (DXJ)

March 31, 2012


Investments	Shares		Value

Mie Bank Ltd. (The)		73,000	$	176,524
Mitsubishi UFJ Financial Group, Inc.^(a)		3,792,883		18,988,612
Miyazaki Bank Ltd. (The)		49,000		139,924
Mizuho Financial Group, Inc.^(a)		9,263,745		15,196,617
Musashino Bank Ltd. (The)		7,000		242,250
Nishi-Nippon City Bank Ltd. (The)		184,704		525,193
Oita Bank Ltd. (The)		20,000		64,159
Resona Holdings, Inc.		669,961		3,101,709
San-In Godo Bank Ltd. (The)		42,000		334,285
Sapporo Hokuyo Holdings, Inc.		55,000		203,840
Senshu Ikeda Holdings, Inc.		315,116		440,347
Shiga Bank Ltd. (The)		43,000		258,643
Shikoku Bank Ltd. (The)		62,000		233,550
Shinsei Bank Ltd.		338,000		443,575
Shizuoka Bank Ltd. (The)		123,008		1,273,502
Sumitomo Mitsui Financial Group, Inc.^(a)		502,359		16,622,195
Sumitomo Mitsui Trust Holdings, Inc.		405,517		1,300,887
Suruga Bank Ltd.		44,000		451,789
Tochigi Bank Ltd. (The)		44,000		164,676
Toho Bank Ltd. (The)		78,000		268,230
TOMONY Holdings, Inc.		61,373		299,799
Tsukuba Bank Ltd.		30,500		107,479
Yamagata Bank Ltd. (The)		30,000		143,265
Yamaguchi Financial Group, Inc.		45,000		411,204
Yamanashi Chuo Bank Ltd. (The)		42,000		187,812

Total Banks				74,489,067
Beverages – 0.9%
Asahi Group Holdings Ltd.		51,714		1,151,853
Coca-Cola Central Japan Co., Ltd.		17,811		232,228
Coca-Cola West Co., Ltd.		29,628		522,392
Ito En Ltd.		27,076		488,582
Kagome Co., Ltd.^(a)		7,600		149,608
Kirin Holdings Co., Ltd.		201,274		2,619,411
Sapporo Holdings Ltd.		67,000		249,128
Takara Holdings, Inc.		39,000		266,809

Total Beverages				5,680,011
Building Materials – 1.0%
Asahi Glass Co., Ltd.		216,194		1,844,197
Central Glass Co., Ltd.		36,000		158,795
Daikin Industries Ltd.^(a)		27,620		756,156
Fujitec Co., Ltd.		25,000		165,867
JS Group Corp.		57,349		1,207,677
Nichias Corp.		24,000		133,568
Nippon Sheet Glass Co., Ltd.^(a)		221,092		341,196
Rinnai Corp.		2,900		210,025
Sanwa Holdings Corp.		68,831		270,155
Sumitomo Osaka Cement Co., Ltd.		56,000		163,995
Taiheiyo Cement Corp.^(a)		193,000		431,521
Takara Standard Co., Ltd.		29,000		215,663
TOTO Ltd.		61,008		461,850

Total Building Materials				6,360,665

Chemicals – 4.0%
ADEKA Corp.		29,600	$	282,710
Aica Kogyo Co., Ltd.		27,729		400,292
Air Water, Inc.		43,000		558,041
Asahi Kasei Corp.		248,288		1,541,712
Chugoku Marine Paints Ltd.		17,000		104,733
Daicel Corp.		43,000		278,498
Denki Kagaku Kogyo K.K.		79,000		317,747
DIC Corp.^(a)		197,715		401,220
Hitachi Chemical Co., Ltd.		31,815		576,030
JSR Corp.		48,317		978,141
Kaneka Corp.		73,925		448,248
Kansai Paint Co., Ltd.		40,000		405,857
Koatsu Gas Kogyo Co., Ltd.		26,000		160,180
Kuraray Co., Ltd.		73,936		1,052,057
Kureha Corp.		40,000		193,450
Lintec Corp.		5,600		114,184
Mitsubishi Chemical Holdings Corp.		219,663		1,179,793
Mitsubishi Gas Chemical Co., Inc.		70,109		471,113
Mitsui Chemicals, Inc.		203,000		619,151
Nihon Nohyaku Co., Ltd.		30,000		134,516
Nihon Parkerizing Co., Ltd.		13,000		193,827
Nippon Carbon Co., Ltd.		46,000		130,239
Nippon Kayaku Co., Ltd.		45,000		463,698
Nippon Paint Co., Ltd.		23,000		175,235
Nippon Shokubai Co., Ltd.		37,000		431,168
Nippon Soda Co., Ltd.		44,000		202,637
Nippon Synthetic Chemical Industry Co., Ltd. (The)		19,000		117,516
Nissan Chemical Industries Ltd.		28,465		268,756
Nitto Denko Corp.		24,867		1,007,734
NOF Corp.		42,000		205,675
Sakata INX Corp.		29,000		145,185
Sanyo Chemical Industries Ltd.		18,000		120,736
Sekisui Jushi Corp.		13,000		130,640
Shin-Etsu Chemical Co., Ltd.^(a)		88,990		5,168,871
Showa Denko K.K.		272,181		621,788
Sumitomo Bakelite Co., Ltd.		52,000		275,497
Sumitomo Chemical Co., Ltd.^(a)		329,010		1,407,273
Taiyo Holdings Co., Ltd.		16,500		445,106
Taiyo Nippon Sanso Corp.		56,022		397,556
Takasago International Corp.^(a)		28,000		132,693
Toagosei Co., Ltd.		31,000		143,520
Tokai Carbon Co., Ltd.		33,000		176,839
Tokuyama Corp.^(a)		47,000		146,777
Tosoh Corp.^(a)		164,370		459,385
Toyo Ink SC Holdings Co., Ltd.		114,000		472,374
Ube Industries Ltd.		201,241		550,206
Zeon Corp.		15,000		139,802

Total Chemicals				24,348,406
Commercial Services – 1.5%
Aeon Delight Co., Ltd.		18,800		398,410
Dai Nippon Printing Co., Ltd.^(a)		229,694		2,361,275

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			57

Schedule of Investments (continued)

WisdomTree Japan Hedged Equity Fund (DXJ)

March 31, 2012


Investments	Shares			Value

Kanamoto Co., Ltd.		21,000		$	251,097
Kyoritsu Maintenance Co., Ltd.		6,400			135,318
Meitec Corp.		6,200			125,740
Nichii Gakkan Co.		23,600			317,745
Nomura Co., Ltd.		43,000			155,708
Park24 Co., Ltd.		49,677			673,065
Secom Co., Ltd.		49,483			2,435,217
Sohgo Security Services Co., Ltd.		24,500			292,351
Toppan Forms Co., Ltd.		37,900			349,548
Toppan Printing Co., Ltd.^(a)		222,517	��		1,746,716

Total Commercial Services					9,242,190
Computers – 1.0%
Fujitsu Ltd.^(a)		404,000			2,140,397
Ines Corp.		28,800			230,974
Information Services International-Dentsu Ltd.		20,900			169,140
Itochu Techno-Solutions Corp.^(a)		21,586			971,823
Melco Holdings, Inc.		5,200			132,251
NEC Fielding Ltd.		22,800			298,939
NEC Networks & System Integration Corp.		20,100			288,696
NS Solutions Corp.		7,000			135,585
Otsuka Corp.		6,704			548,246
SCSK Corp.		19,200			306,099
TDK Corp.^(a)		19,851			1,131,311

Total Computers					6,353,461
Cosmetics/Personal Care – 1.3%
Kao Corp.^(a)		131,062			3,459,100
Kose Corp.		7,800			177,714
Lion Corp.		56,291			324,223
Mandom Corp.		5,100			128,654
Pigeon Corp.		4,000			149,949
Pola Orbis Holdings, Inc.		8,645			259,471
Shiseido Co., Ltd.^(a)		122,451			2,124,795
Unicharm Corp.		20,000			1,062,033

Total Cosmetics/Personal Care					7,685,939
Distribution/Wholesale – 5.5%
Ai Holdings Corp.		34,211			182,497
Canon Marketing Japan, Inc.		33,400			430,614
Daiwabo Holdings Co., Ltd.		66,000			148,369
Doshisha Co., Ltd.		5,500			159,329
Hakuto Co., Ltd.		22,100			221,282
Hitachi High-Technologies Corp.		19,800			475,181
Inabata & Co., Ltd.		34,600			241,332
ITOCHU Corp.		294,443			3,230,841
Itochu Enex Co., Ltd.^(a)		51,700			307,203
Iwatani Corp.		51,000			171,043
Marubeni Corp.		304,278			2,207,351
Matsuda Sangyo Co., Ltd.		17,200			283,828
Mitsubishi Corp.^(a)		392,100			9,147,968
Mitsui & Co., Ltd.^(a)		511,018			8,426,410
Nagase & Co., Ltd.		22,500			279,968
Paltac Corp.		18,097			261,246
Ryoden Trading Co., Ltd.		28,000			169,779

San-Ai Oil Co., Ltd.		24,000		$	125,403
Sinanen Co., Ltd.		18,000			79,179
Sojitz Corp.		202,800			364,717
Sumitomo Corp.		314,814			4,575,218
Toyota Tsusho Corp.^(a)		66,210			1,355,658
Trusco Nakayama Corp.		7,300			149,735
Yamazen Corp.		27,400			229,734
Yuasa Trading Co., Ltd.		90,000			157,482

Total Distribution/Wholesale					33,381,367
Diversified Financial Services – 1.0%
Century Tokyo Leasing Corp.		23,505			477,269
Daiwa Securities Group, Inc.^(a)		230,545			916,073
Hitachi Capital Corp.		32,900			492,531
Ichiyoshi Securities Co., Ltd.		30,300			214,285
Jaccs Co., Ltd.		52,000			186,403
Nomura Holdings, Inc.		626,600			2,786,750
Okasan Securities Group, Inc.		50,000			212,042
Tokai Tokyo Financial Holdings, Inc.		165,000			619,539

Total Diversified Financial Services					5,904,892
Electric – 3.7%
Chubu Electric Power Co., Inc.		290,916			5,281,348
Chugoku Electric Power Co., Inc. (The)^(a)		132,713			2,478,642
Electric Power Development Co., Ltd.^(a)		52,395			1,428,694
Hokkaido Electric Power Co., Inc.		73,908			1,091,175
Hokuriku Electric Power Co.		78,000			1,417,923
Kansai Electric Power Co., Inc. (The)^(a)		356,020			5,546,116
Kyushu Electric Power Co., Inc.		197,210			2,825,331
Okinawa Electric Power Co., Inc. (The)		600			24,935
Shikoku Electric Power Co., Inc.^(a)		73,408			2,081,060

Total Electric					22,175,224
Electrical Components & Equipment – 1.4%
Brother Industries Ltd.		49,509			675,000
Casio Computer Co., Ltd.^*(a)		66,100			474,696
Fujikura Ltd.		46,000			154,274
Furukawa Electric Co., Ltd.		76,971			205,767
GS Yuasa Corp.		48,000			264,803
Hitachi Ltd.^(a)		386,000			2,490,625
Mitsubishi Electric Corp.		240,000			2,134,759
Nidec Corp.^(a)		16,100			1,475,108
Nippon Signal Co., Ltd. (The)		26,200			164,596
Tatsuta Electric Wire and Cable Co., Ltd.^(a)		15,051			90,897
Tokyo Rope Manufacturing Co., Ltd.^(a)		32,000			65,715
Ushio, Inc.		20,100			284,055

Total Electrical Components & Equipment					8,480,295
Electronics – 2.6%
Advantest Corp.		17,200			272,541
Alps Electric Co., Ltd.		37,600			332,618
Anritsu Corp.		15,000			197,582
Azbil Corp.		20,458			454,926
Cosel Co., Ltd.		16,500			230,974
Dainippon Screen Manufacturing Co., Ltd.		15,000			135,792
Fujitsu General Ltd.^(a)		19,000			143,374

See Notes to Financial Statements.


58		WisdomTree International Dividend and Sector Funds

Schedule of Investments (continued)

WisdomTree Japan Hedged Equity Fund (DXJ)

March 31, 2012


Investments	Shares		Value

Hamamatsu Photonics K.K.		6,400	$	243,028
Hirose Electric Co., Ltd.^(a)		5,320		561,769
Horiba Ltd.		4,300		148,184
Hoya Corp.		128,157		2,894,998
Ibiden Co., Ltd.		21,201		545,386
Japan Aviation Electronics Industry Ltd.		19,000		165,539
Keyence Corp.		1,210		286,124
Koa Corp.		20,600		221,532
Kuroda Electric Co., Ltd.		20,400		225,827
Kyocera Corp.		24,581		2,264,098
Minebea Co., Ltd.		56,000		245,653
Mitsumi Electric Co., Ltd.^*		24,700		214,000
Murata Manufacturing Co., Ltd.		34,800		2,074,172
Nichicon Corp.^(a)		15,500		187,782
Nidec Copal Corp.		21,600		283,468
Nihon Dempa Kogyo Co., Ltd.^(a)		3,300		50,004
Nippon Electric Glass Co., Ltd.		39,018		340,895
Nohmi Bosai Ltd.		33,242		229,032
Ryosan Co., Ltd.		6,800		137,496
Sanshin Electronics Co., Ltd.		25,400		215,126
SMK Corp.		33,000		115,086
Taiyo Yuden Co., Ltd.^(a)		10,000		107,175
Toshiba Corp.		416,000		1,840,015
Toyo Corp.		25,300		276,687
Ulvac, Inc.^*		5,100		56,333
Yaskawa Electric Corp.		12,000		113,446

Total Electronics				15,810,662
Engineering & Construction – 1.3%
Chiyoda Corp.		16,000		204,338
COMSYS Holdings Corp.^(a)		32,460		353,414
Hibiya Engineering Ltd.		21,700		240,481
JGC Corp.		25,018		779,770
Kajima Corp.^(a)		222,386		680,980
Kandenko Co., Ltd.		34,000		166,086
Kyowa Exeo Corp.		32,300		292,405
Maeda Corp.		51,000		225,579
Maeda Road Construction Co., Ltd.		14,000		175,053
Nippo Corp.		19,000		212,176
Nippon Densetsu Kogyo Co., Ltd.		13,000		129,692
Nippon Road Co., Ltd. (The)^(a)		38,000		162,537
Nishimatsu Construction Co., Ltd.		172,000		405,468
Obayashi Corp.		165,328		725,237
Okumura Corp.		59,000		233,003
Penta-Ocean Construction Co., Ltd.		46,500		149,736
Raito Kogyo Co., Ltd.		36,400		214,963
Sanki Engineering Co., Ltd.		30,000		162,950
Shimizu Corp.^(a)		177,182		714,800
Shinko Plantech Co., Ltd.		15,500		132,785
Taisei Corp.		308,145		808,789
Takasago Thermal Engineering Co., Ltd.		28,600		223,810
Toda Corp.		64,000		216,198
Toenec Corp.		27,000		157,482
Toshiba Plant Systems & Services Corp.		17,000		196,658

Toyo Engineering Corp.		34,000	$	162,780

Total Engineering & Construction				8,127,170
Entertainment – 0.9%
Avex Group Holdings, Inc.		23,019		279,713
Mars Engineering Corp.		19,800		441,497
Oriental Land Co., Ltd.		16,400		1,767,641
Sankyo Co., Ltd.		29,421		1,451,477
Shochiku Co., Ltd.		16,000		151,650
Toei Co., Ltd.		37,000		191,980
Toho Co., Ltd.		37,543		692,968
Tokyotokeiba Co., Ltd.		185,000		285,497

Total Entertainment				5,262,423
Environmental Control – 0.2%
Asahi Holdings, Inc.		18,000		390,862
Daiseki Co., Ltd.		6,500		121,083
Hitachi Zosen Corp.		179,500		235,567
Kurita Water Industries Ltd.		22,232		547,865

Total Environmental Control				1,295,377
Food – 1.8%
Ajinomoto Co., Inc.		152,433		1,922,662
Ariake Japan Co., Ltd.		6,800		131,794
Ezaki Glico Co., Ltd.		17,000		205,128
Fuji Oil Co., Ltd.		20,100		287,474
House Foods Corp.		19,000		326,691
J-Oil Mills, Inc.^(a)		49,000		141,710
Kasumi Co., Ltd.		50,572		341,059
Kato Sangyo Co., Ltd.		5,800		115,161
Kewpie Corp.		27,800		411,789
Kikkoman Corp.^(a)		30,000		348,867
Kyokuyo Co., Ltd.		62,000		149,171
Marudai Food Co., Ltd.		43,000		167,726
Maruha Nichiro Holdings, Inc.		72,000		126,861
MEIJI Holdings Co., Ltd.		17,341		761,744
Mitsui Sugar Co., Ltd.		44,000		147,567
Morinaga & Co., Ltd.		57,000		132,985
Morinaga Milk Industry Co., Ltd.		41,000		161,917
Nichirei Corp.		69,551		327,915
Nippon Beet Sugar Manufacturing Co., Ltd.		62,000		138,623
Nippon Flour Mills Co., Ltd.		39,000		180,084
Nippon Meat Packers, Inc.		22,000		280,965
Nippon Suisan Kaisha Ltd.^(a)		124,335		426,058
Nisshin Oillio Group Ltd. (The)		34,000		141,297
Nisshin Seifun Group, Inc.		43,113		524,407
Nissin Foods Holdings Co., Ltd.		26,028		978,877
Prima Meat Packers Ltd.		158,000		295,668
Toyo Suisan Kaisha Ltd.		22,000		574,494
Yakult Honsha Co., Ltd.^(a)		19,200		663,758
Yamazaki Baking Co., Ltd.		31,000		446,759

Total Food				10,859,211
Forest Products & Paper – 0.4%
Daio Paper Corp.		8,000		48,022
Hokuetsu Kishu Paper Co., Ltd.		38,946		260,760

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			59

Schedule of Investments (continued)

WisdomTree Japan Hedged Equity Fund (DXJ)

March 31, 2012


Investments	Shares		Value

Nippon Paper Group, Inc.^(a)		33,400	$	699,292
OJI Paper Co., Ltd.^(a)		275,120		1,337,238

Total Forest Products & Paper				2,345,312
Gas – 1.0%
Osaka Gas Co., Ltd.		514,014		2,073,670
Saibu Gas Co., Ltd.		181,000		490,467
Shizuoka Gas Co., Ltd.		11,500		82,587
Toho Gas Co., Ltd.^(a)		105,000		622,638
Tokyo Gas Co., Ltd.		556,020		2,635,006

Total Gas				5,904,368
Hand/Machine Tools – 0.5%
Asahi Diamond Industrial Co., Ltd.^(a)		6,000		70,721
Disco Corp.		2,700		150,100
Fuji Electric Co., Ltd.		165,000		437,086
Hitachi Koki Co., Ltd.		28,596		263,044
Makita Corp.		21,265		857,887
Meidensha Corp.^*(a)		31,000		113,385
OSG Corp.^(a)		18,900		287,536
SMC Corp.		3,820		610,866
THK Co., Ltd.		7,300		149,291
Union Tool Co.		6,400		119,920

Total Hand/Machine Tools				3,059,836
Healthcare-Products – 0.4%
Hogy Medical Co., Ltd.		4,400		197,558
Nihon Kohden Corp.		6,500		175,029
Nipro Corp.^(a)		40,900		306,644
Paramount Bed Holdings Co., Ltd.		4,800		142,142
Shimadzu Corp.		24,000		217,851
Sysmex Corp.		10,200		413,974
Terumo Corp.		17,128		823,151

Total Healthcare-Products				2,276,349
Heathcare-Services – 0.1%
Miraca Holdings, Inc.		7,882		309,361
Home Builders – 0.6%
Daiwa House Industry Co., Ltd.		79,022		1,050,490
PanaHome Corp.		28,000		192,235
Sekisui Chemical Co., Ltd.		79,008		689,322
Sekisui House Ltd.		180,022		1,774,079

Total Home Builders				3,706,126
Home Furnishings – 1.0%
Alpine Electronics, Inc.		19,300		261,961
Canon Electronics, Inc.		16,500		424,254
Foster Electric Co., Ltd.		7,600		111,744
Hoshizaki Electric Co., Ltd.		16,500		391,373
Nidec Sankyo Corp.		30,000		181,907
Panasonic Corp.		205,378		1,899,176
Sharp Corp.^(a)		226,747		1,664,198
Sony Corp.		53,821		1,114,417

Total Home Furnishings				6,049,030
Household Products/Wares – 0.0%
Mitsubishi Pencil Co., Ltd.		7,100		124,322

Insurance – 2.4%
Dai-ichi Life Insurance Co., Ltd. (The)		1,205	$	1,673,631
MS&AD Insurance Group Holdings^(a)		148,730		3,070,567
NKSJ Holdings, Inc.^(a)		133,853		3,009,029
Sony Financial Holdings, Inc.		55,903		998,571
T&D Holdings, Inc.		124,820		1,454,552
Tokio Marine Holdings, Inc.		153,243		4,228,870

Total Insurance				14,435,220
Internet – 0.7%
Dena Co., Ltd.^(a)		17,468		486,714
GMO Internet, Inc.		44,600		224,911
Gree, Inc.		5,100		129,460
Monex Group, Inc.		1,445		317,814
SBI Holdings, Inc.^*		3,842		364,615
Trend Micro, Inc.		31,318		967,758
Yahoo! Japan Corp.^(a)		5,316		1,729,904

Total Internet				4,221,176
Iron/Steel – 1.6%
Aichi Steel Corp.		31,000		160,848
Daido Metal Co., Ltd.		10,000		125,767
Daido Steel Co., Ltd.		37,000		257,622
Hitachi Metals Ltd.		48,018		599,824
Japan Steel Works Ltd. (The)^(a)		69,018		475,523
JFE Holdings, Inc.		89,716		1,938,332
Kobe Steel Ltd.		520,000		846,710
Nippon Steel Corp.		692,010		1,908,819
Nisshin Steel Co., Ltd.		174,000		293,894
Sanyo Special Steel Co., Ltd.		26,000		141,856
Sumitomo Metal Industries Ltd.		1,237,967		2,512,188
Topy Industries Ltd.		51,000		159,269
Toyo Kohan Co., Ltd.		30,000		123,215
Yamato Kogyo Co., Ltd.		5,040		147,902
Yodogawa Steel Works Ltd.		55,000		241,266

Total Iron/Steel				9,933,035
Leisure Time – 0.4%
Daikoku Denki Co., Ltd.		22,100		318,764
Mizuno Corp.		42,000		234,255
Round One Corp.^(a)		27,800		184,444
Sega Sammy Holdings, Inc.		59,815		1,260,334
Yamaha Corp.		24,500		255,435

Total Leisure Time				2,253,232
Lodging – 0.1%
Resorttrust, Inc.^(a)		27,100		442,254
Machinery-Construction & Mining – 0.6%
Hitachi Construction Machinery Co., Ltd.^(a)		25,900		576,255
Komatsu Ltd.		107,006		3,067,345
Modec, Inc.		9,500		197,630

Total Machinery-Construction & Mining				3,841,230
Machinery-Diversified – 2.1%
Amada Co., Ltd.		38,014		257,753
Daifuku Co., Ltd.		35,000		204,144

See Notes to Financial Statements.


60		WisdomTree International Dividend and Sector Funds

Schedule of Investments (continued)

WisdomTree Japan Hedged Equity Fund (DXJ)

March 31, 2012


Investments	Shares		Value

Daihen Corp.		36,000	$	130,360
Ebara Corp.		34,000		122,705
FANUC Corp.		29,700		5,297,965
Hisaka Works Ltd.		12,000		133,277
IHI Corp.		229,690		583,331
Kawasaki Heavy Industries Ltd.^(a)		163,355		502,203
Kinki Sharyo Co., Ltd.		37,000		141,625
Komori Corp.		28,200		244,323
Kubota Corp.		219,954		2,124,837
Max Co., Ltd.		13,000		164,445
Mitsubishi Heavy Industries Ltd.		325,016		1,583,710
Nabtesco Corp.		7,000		144,431
Nippon Sharyo Ltd.^(a)		33,000		137,141
Organo Corp.		17,000		115,268
Sumitomo Heavy Industries Ltd.		46,000		257,124
Torishima Pump Manufacturing Co., Ltd.		17,900		246,004
Tsubakimoto Chain Co.		25,000		155,234
Tsugami Corp.^(a)		19,000		217,717

Total Machinery-Diversified				12,763,597
Media – 0.1%
Gakken Holdings Co., Ltd.		34,000		70,235
Kadokawa Group Holdings, Inc.^(a)		4,200		134,429
Tokyo Broadcasting System Holdings, Inc.		25,300		379,369

Total Media				584,033
Metal Fabricate/Hardware – 0.4%
Furukawa-Sky Aluminum Corp.		62,000		199,648
Hanwa Co., Ltd.		49,000		223,878
JFE Shoji Holdings, Inc.		56,000		293,967
MISUMI Group, Inc.		10,400		254,392
Nippon Steel Trading Co., Ltd.		51,000		166,705
NSK Ltd.		50,000		387,022
NTN Corp.		77,403		329,194
Oiles Corp.		7,200		142,609
Ryobi Ltd.		50,000		190,777
Toho Zinc Co., Ltd.		28,000		126,909

Total Metal Fabricate/Hardware				2,315,101
Mining – 0.5%
Dowa Holdings Co., Ltd.^(a)		59,664		398,751
Mitsubishi Materials Corp.		51,000		162,367
Mitsui Mining & Smelting Co., Ltd.		80,000		226,502
Nippon Denko Co., Ltd.		21,000		103,348
Nippon Light Metal Co., Ltd.		68,000		109,071
Nittetsu Mining Co., Ltd.		37,000		178,492
Sumitomo Metal Mining Co., Ltd.		110,000		1,554,529

Total Mining				2,733,060
Miscellaneous Manufacturing – 0.8%
Amano Corp.		38,033		355,397
FUJIFILM Holdings Corp.		51,502		1,214,720
Konica Minolta Holdings, Inc.		105,032		922,755
Nikkiso Co., Ltd.		14,000		147,494
Nikon Corp.		34,400		1,050,037
Ohara, Inc.		7,600		88,564

Sekisui Plastics Co., Ltd.		35,000	$	128,866
Shin-Etsu Polymer Co., Ltd.		34,600		181,630
Tamron Co., Ltd.		7,448		241,554
Tokai Rubber Industries Ltd.		22,000		279,628
Toyo Tanso Co., Ltd.		2,400		91,427

Total Miscellaneous Manufacturing				4,702,072
Office/Business Equipment – 3.2%
Canon, Inc.		346,020		16,440,102
Ricoh Co., Ltd.^(a)		250,008		2,445,549
Sato Holdings Corp.		18,600		263,309
Seiko Epson Corp.^(a)		29,900		421,459
Toshiba TEC Corp.		35,000		139,498

Total Office/Business Equipment				19,709,917
Oil & Gas – 1.6%
Cosmo Oil Co., Ltd.^(a)		262,097		732,515
Idemitsu Kosan Co., Ltd.		6,420		643,599
Inpex Corp.		319		2,166,851
JX Holdings, Inc.		613,059		3,821,608
Showa Shell Sekiyu K.K.		87,321		560,247
TonenGeneral Sekiyu K.K.		211,137		1,954,996

Total Oil & Gas				9,879,816
Packaging & Containers – 0.2%
Achilles Corp.		45,000		64,524
Fuji Seal International, Inc.		6,800		129,563
Nihon Yamamura Glass Co., Ltd.		54,000		132,547
Rengo Co., Ltd.		51,000		355,101
Toyo Seikan Kaisha Ltd.		24,100		347,612

Total Packaging & Containers				1,029,347
Pharmaceuticals – 7.5%
Alfresa Holdings Corp.		10,500		502,066
Astellas Pharma, Inc.^(a)		158,170		6,534,759
Chugai Pharmaceutical Co., Ltd.		128,118		2,375,698
Daiichi Sankyo Co., Ltd.^(a)		229,601		4,207,282
Dainippon Sumitomo Pharma Co., Ltd.^(a)		83,908		894,189
Eisai Co., Ltd.^(a)		124,776		4,988,311
Hisamitsu Pharmaceutical Co., Inc.^(a)		18,557		885,063
Kaken Pharmaceutical Co., Ltd.		37,000		468,935
Kobayashi Pharmaceutical Co., Ltd.		4,700		236,442
KYORIN Holdings, Inc.		25,000		476,031
Kyowa Hakko Kirin Co., Ltd.		165,022		1,844,829
Medipal Holdings Corp.		55,164		718,583
Mitsubishi Tanabe Pharma Corp.		107,843		1,521,426
Mochida Pharmaceutical Co., Ltd.		20,000		237,195
Otsuka Holdings Co., Ltd.		72,119		2,147,051
Sawai Pharmaceutical Co., Ltd.		1,300		138,538
Seikagaku Corp.		11,500		128,981
Shionogi & Co., Ltd.^(a)		90,447		1,257,323
Ship Healthcare Holdings, Inc.		9,789		201,739
Suzuken Co., Ltd.		32,000		992,333
Takeda Pharmaceutical Co., Ltd.^(a)		313,658		13,892,502
Toho Holdings Co., Ltd.		7,800		139,328
Towa Pharmaceutical Co., Ltd.		2,200		109,606

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			61

Schedule of Investments (continued)

WisdomTree Japan Hedged Equity Fund (DXJ)

March 31, 2012


Investments	Shares		Value

Tsumura & Co.^(a)		17,900	$	520,067

Total Pharmaceuticals				45,418,277
Private Equity – 0.0%
Jafco Co., Ltd.^*		6,100		148,766
Real Estate – 1.8%
Arnest One Corp.		24,200		271,127
Daito Trust Construction Co., Ltd.		35,903		3,241,500
Goldcrest Co., Ltd.		12,570		230,948
Heiwa Real Estate Co., Ltd.		91,000		248,800
Mitsubishi Estate Co., Ltd.		105,018		1,883,548
Mitsui Fudosan Co., Ltd.		141,387		2,719,675
Nomura Real Estate Holdings, Inc.		25,505		452,176
Sumitomo Realty & Development Co., Ltd.		42,012		1,018,457
Tokyu Land Corp.		70,416		346,540
Tokyu Livable, Inc.		23,700		246,518
Touei Housing Corp.		19,800		210,282

Total Real Estate				10,869,571
Retail – 4.6%
ABC-Mart, Inc.		6,600		249,821
Aeon Co., Ltd.^(a)		158,025		2,089,206
AOKI Holdings, Inc.		17,600		332,773
Arcs Co., Ltd.		7,800		145,299
ASKUL Corp.^(a)		16,900		298,797
Chiyoda Co., Ltd.		29,513		595,317
Circle K Sunkus Co., Ltd.		19,883		427,885
Citizen Holdings Co., Ltd.		60,800		387,134
DCM Holdings Co., Ltd.		36,046		287,772
Don Quijote Co., Ltd.		4,000		146,060
Doutor Nichires Holdings Co., Ltd.		21,900		289,800
EDION Corp.^(a)		37,789		266,330
FamilyMart Co., Ltd.		21,797		927,025
Fast Retailing Co., Ltd.		17,038		3,904,693
Gulliver International Co., Ltd.		2,930		115,712
H2O Retailing Corp.		41,000		358,211
Heiwado Co., Ltd.		22,900		310,546
Isetan Mitsukoshi Holdings Ltd.^(a)		39,400		465,360
Izumi Co., Ltd.		20,300		385,057
J Front Retailing Co., Ltd.		78,000		437,888
Joshin Denki Co., Ltd.		12,000		119,278
Kappa Create Co., Ltd.^(a)		11,200		242,250
Komeri Co., Ltd.		5,300		151,925
K’s Holdings Corp.		4,500		145,890
Lawson, Inc.		35,700		2,260,125
Marui Group Co., Ltd.		80,332		673,541
Matsumotokiyoshi Holdings Co., Ltd.		7,800		170,132
Nitori Holdings Co., Ltd.		2,400		218,142
Parco Co., Ltd.		25,800		249,551
Plenus Co., Ltd.		22,623		411,527
Point, Inc.		8,990		333,732
Ryohin Keikaku Co., Ltd.^(a)		4,998		259,936
Saizeriya Co., Ltd.		7,400		119,684
Seiko Holdings Corp.^*(a)		43,000		103,980
Seven & I Holdings Co., Ltd.		190,836		5,699,920

Shimachu Co., Ltd.		5,700	$	135,063
Shimamura Co., Ltd.		4,000		450,088
St. Marc Holdings Co., Ltd.		3,600		143,484
Sugi Holdings Co., Ltd.		8,400		258,344
Sundrug Co., Ltd.		5,700		177,313
Takashimaya Co., Ltd.		54,000		450,793
Tsuruha Holdings, Inc.		2,800		165,867
United Arrows Ltd.		7,700		162,337
UNY Co., Ltd.		51,261		558,112
USS Co., Ltd.^(a)		8,519		868,515
Xebio Co., Ltd.		6,500		174,318
Yamada Denki Co., Ltd.^(a)		5,230		328,563
Zensho Holdings Co., Ltd.		15,800		195,064

Total Retail				27,648,160
Semiconductors – 0.7%
Axell Corp.		7,600		180,823
Megachips Corp.^*		7,900		157,242
Mimasu Semiconductor Industry Co., Ltd.		19,700		188,634
Rohm Co., Ltd.		27,100		1,345,203
Shinko Electric Industries Co., Ltd.^(a)		32,400		318,114
Tokyo Electron Ltd.		34,200		1,967,762

Total Semiconductors				4,157,778
Shipbuilding – 0.1%
Mitsui Engineering & Shipbuilding Co., Ltd.^(a)		157,000		274,719
Sasebo Heavy Industries Co., Ltd.^(a)		86,000		144,213

Total Shipbuilding				418,932
Software – 1.1%
Capcom Co., Ltd.		16,500		379,142
IT Holdings Corp.		34,400		404,632
Konami Corp.^(a)		22,796		649,850
NEC Mobiling Ltd.		3,282		113,940
Nihon Unisys Ltd.		39,300		276,979
Nomura Research Institute Ltd.		59,371		1,481,119
NSD Co., Ltd.		27,700		257,494
Oracle Corp.		49,907		1,907,255
Square Enix Holdings Co., Ltd.^(a)		22,600		477,293
Transcosmos, Inc.^*		20,400		314,075
Zenrin Co., Ltd.		25,400		257,410

Total Software				6,519,189
Storage/Warehousing – 0.1%
Mitsubishi Logistics Corp.		21,000		249,311
Mitsui-Soko Co., Ltd.		52,000		223,051
Sumitomo Warehouse Co., Ltd. (The)		48,000		249,055

Total Storage/Warehousing				721,417
Telecommunications – 7.7%
Hikari Tsushin, Inc.		21,883		646,691
Hitachi Kokusai Electric, Inc.		17,000		156,789
Japan Radio Co., Ltd.^*		63,000		153,108
KDDI Corp.^(a)		836		5,444,997
Nippon Telegraph & Telephone Corp.^(a)		395,100		18,027,833
NTT DoCoMo, Inc.^(a)		12,867		21,482,785

See Notes to Financial Statements.


62		WisdomTree International Dividend and Sector Funds

Schedule of Investments (concluded)

WisdomTree Japan Hedged Equity Fund (DXJ)

March 31, 2012


Investments	Shares		Value

Softbank Corp.^*		18,519	$	550,653

Total Telecommunications				46,462,856
Textiles – 0.4%
Japan Vilene Co., Ltd.		31,000		144,274
Kurabo Industries Ltd.		125,000		244,547
Nisshinbo Holdings, Inc.		32,000		304,466
Nitto Boseki Co., Ltd.^*(a)		59,000		232,286
Seiren Co., Ltd.		29,700		198,132
Teijin Ltd.		66,000		222,954
Toray Industries, Inc.^(a)		113,853		849,453
Toyobo Co., Ltd.		235,000		336,959

Total Textiles				2,533,071
Toys/Games/Hobbies – 1.5%
Namco Bandai Holdings, Inc.		63,350		919,131
Nintendo Co., Ltd.		53,500		8,093,748
Sanrio Co., Ltd.		5,077		199,267
Tomy Co., Ltd.		25,300		185,996

Total Toys/Games/Hobbies				9,398,142
Transportation – 3.1%
East Japan Railway Co.		82,205		5,204,302
Fukuyama Transporting Co., Ltd.^(a)		45,000		246,066
Hankyu Hanshin Holdings, Inc.		183,000		802,758
Hitachi Transport System Ltd.		21,000		384,045
Kamigumi Co., Ltd.		23,000		191,445
Kawasaki Kisen Kaisha Ltd.^*(a)		176,000		389,234
Keikyu Corp.^(a)		50,000		439,881
Keio Corp.		80,000		576,463
Keisei Electric Railway Co., Ltd.		43,000		334,407
Kintetsu Corp.^(a)		314,899		1,205,337
Mitsui O.S.K. Lines Ltd.^(a)		268,000		1,172,368
Nagoya Railroad Co., Ltd.^(a)		165,000		457,136
Nippon Express Co., Ltd.		287,149		1,127,032
Nippon Konpo Unyu Soko Co., Ltd.		18,000		222,444
Nippon Yusen K.K.^(a)		502,014		1,586,046
Nishi-Nippon Railroad Co., Ltd.^(a)		64,154		303,249
Odakyu Electric Railway Co., Ltd.^(a)		67,008		636,737
Sankyu, Inc.		45,379		178,660
Seino Holdings Corp.		28,000		203,463
Senko Co., Ltd.		46,000		185,576
Sotetsu Holdings, Inc.^(a)		164,000		516,143
Tobu Railway Co., Ltd.		88,486		472,026
Tokyu Corp.		214,473		1,024,216
Yamato Holdings Co., Ltd.		73,975		1,149,693

Total Transportation				19,008,727
TOTAL COMMON STOCKS (Cost: $596,388,786)				598,848,982
SHORT-TERM INVESTMENT – 0.2%
MONEY MARKET FUND – 0.2%
Invesco Treasury Fund Private Class, 0.02%^(b) (Cost: $973,139)		973,139		973,139

INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 28.6%
MONEY MARKET FUND – 28.6%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(b)
(Cost: $173,505,428)^(c)		173,505,428	$	173,505,428
TOTAL INVESTMENTS IN SECURITIES – 127.5% (Cost: $770,867,353)				773,327,549
Liabilities in Excess of Foreign Currency and Other Assets – (27.5)%				(166,620,787	)

NET ASSETS – 100.0%			$	606,706,762

^*	Non-income producing security.

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(c)	At March 31, 2012, the total market value of the Fund’s securities on loan was $164,639,402 and the total market value of the collateral held by the Fund was $173,505,428.

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			63

Schedule of Investments

WisdomTree Global ex-U.S. Growth Fund (DNL)

March 31, 2012


Investments		Shares		Value

COMMON STOCKS – 99.0%
Australia – 0.8%
Fortescue Metals Group Ltd.			12,761	$	76,807
Rio Tinto Ltd.			5,828		394,853

Total Australia					471,660
Austria – 0.2%
Andritz AG			782		76,417
Voestalpine AG			1,522		51,107

Total Austria	��				127,524
Belgium – 0.2%
NV Bekaert S.A.			666		21,424
Umicore S.A.			1,574		86,579

Total Belgium					108,003
Brazil – 6.4%
BRF – Brasil Foods S.A.^*			5,500		108,686
CCR S.A.			42,616		345,030
Cia de Saneamento Basico do Estado de Sao Paulo^*			4,900		186,701
CPFL Energia S.A.			33,100		497,507
Duratex S.A.^*			6,400		40,414
EcoRodovias Infraestrutura e Logistica S.A.			12,500		109,837
Lojas Renner S.A.			3,500		119,736
MRV Engenharia e Participacoes S.A.			5,900		41,817
PDG Realty S.A. Empreendimentos e Participacoes			11,500		39,651
Porto Seguro S.A.			7,300		79,230
Redecard S.A.			31,900		619,884
Tim Participacoes S.A.			11,700		74,396
Tractebel Energia S.A.			8,100		144,302
Vale S.A.			48,800		1,140,085

Total Brazil					3,547,276
Canada – 1.9%
Baytex Energy Corp.^(a)			2,995		155,196
Brookfield Asset Management, Inc. Class A^(a)			5,991		188,641
Centerra Gold, Inc.			4,593		71,277
Pembina Pipeline Corp.^(a)			7,085		199,765
Potash Corp. of Saskatchewan, Inc.			1,597		72,767
RioCan Real Estate Investment Trust^(a)			8,400		227,177
Teck Resources Ltd. Class B			3,794		135,179

Total Canada					1,050,002
Chile – 0.9%
Banco de Credito e Inversiones			1,456		101,698
Cencosud S.A.			13,884		91,985
Quinenco S.A.			16,923		53,315
SACI Falabella			17,315		167,283
Sociedad Matriz Banco de Chile Class B			167,074		64,006

Total Chile					478,287
China – 3.0%
Air China Ltd. Class H			46,000		31,875
China Coal Energy Co., Ltd. Class H			39,000		43,752
China Merchants Bank Co., Ltd. Class H			38,500		78,746
China National Building Material Co., Ltd. Class H^(a)			24,000		30,263

China Petroleum & Chemical Corp. Class H			258,000	$	281,128
China Shenhua Energy Co., Ltd. Class H			51,500		217,237
Dongfeng Motor Group Co., Ltd. Class H			91,100		164,506
Great Wall Motor Co., Ltd. Class H^*			35,500		69,043
Guangzhou Automobile Group Co., Ltd. Class H			102,000		101,159
PetroChina Co., Ltd. Class H			416,000		588,315
Yanzhou Coal Mining Co., Ltd. Class H			24,000		52,056
Zhaojin Mining Industry Co., Ltd. Class H			19,000		31,862

Total China					1,689,942
Denmark – 1.4%
H. Lundbeck A/S^(a)			3,398		68,002
Novo Nordisk A/S Class B			4,629		640,091
Novozymes A/S Class B			1,849		53,783

Total Denmark					761,876
Finland – 0.4%
Metso Oyj^(a)			3,675		156,853
Nokian Renkaat Oyj			1,562		76,007

Total Finland					232,860
France – 4.0%
Bureau Veritas S.A.			1,076		94,572
Christian Dior S.A.			2,193		335,994
Dassault Systemes S.A.			697		64,036
Hermes International^(a)			698		234,845
LVMH Moet Hennessy Louis Vuitton S.A.			5,131		880,426
Schneider Electric S.A.			9,013		588,008
SEB S.A.			554		46,007

Total France					2,243,888
Germany – 3.2%
Aixtron SE N.A.			1,455		25,305
Bayerische Motoren Werke AG			7,257		651,653
Fraport AG Frankfurt Airport Services Worldwide			1,331		83,219
K+S AG			2,089		109,121
Linde AG			1,946		348,685
SMA Solar Technology AG^(a)			835		37,785
Software AG			739		27,634
Volkswagen AG			2,975		478,982

Total Germany					1,762,384
Hong Kong – 7.8%
Cathay Pacific Airways Ltd.			135,000		250,039
Cheung Kong Holdings Ltd.			34,000		439,232
China Merchants Holdings International Co., Ltd.			48,000		160,742
China Resources Enterprise Ltd.			24,000		83,771
China Unicom Hong Kong Ltd.			82,000		138,990
Citic Pacific Ltd.			49,000		82,550
CNOOC Ltd.			638,000		1,311,499
Fosun International Ltd.			105,500		62,778
Hang Lung Group Ltd.			13,000		84,138
Hang Lung Properties Ltd.			57,000		208,868
Hong Kong & China Gas Co., Ltd.			84,000		215,301
Hutchison Whampoa Ltd.			54,000		539,722
Hysan Development Co., Ltd.			13,000		52,074
MTR Corp., Ltd.			71,500		256,015

See Notes to Financial Statements.


64		WisdomTree International Dividend and Sector Funds

Schedule of Investments (continued)

WisdomTree Global ex-U.S. Growth Fund (DNL)

March 31, 2012


Investments	Shares		Value

New World Development Co., Ltd.		68,000	$	81,716
Shanghai Industrial Holdings Ltd.		25,000		77,119
SJM Holdings Ltd.		62,000		126,172
Wharf Holdings Ltd.		31,352		170,409

Total Hong Kong				4,341,135
Indonesia – 2.3%
Astra International Tbk PT		59,600		482,001
Bank Mandiri Persero Tbk PT		210,501		157,692
Bank Negara Indonesia Persero Tbk PT		117,500		51,400
Bank Rakyat Indonesia Persero Tbk PT		212,489		161,505
Indofood Sukses Makmur Tbk PT		90,500		48,001
United Tractors Tbk PT		58,900		212,566
Vale Indonesia Tbk PT		366,500		135,273
XL Axiata Tbk PT		90,761		50,125

Total Indonesia				1,298,563
Ireland – 0.1%
Dragon Oil PLC		5,424		54,077
Italy – 1.8%
Banca Monte dei Paschi di Siena SpA^(a)		129,738		54,613
Mediobanca SpA		12,944		75,914
Saipem SpA		4,513		232,766
Snam SpA		118,291		568,046
Tod’s SpA		480		53,918

Total Italy				985,257
Japan – 2.0%
Daihatsu Motor Co., Ltd.^(a)		6,000		110,529
FANUC Corp.		2,100		374,604
Isuzu Motors Ltd.		12,000		70,721
JGC Corp.		2,000		62,337
Komatsu Ltd.		8,000		229,321
Mitsubishi Chemical Holdings Corp.		13,500		72,507
Sega Sammy Holdings, Inc.		3,800		80,068
SMC Corp.		400		63,965
Softbank Corp.^*		1,100		32,708

Total Japan				1,096,760
Malaysia – 0.9%
Genting Bhd		15,200		53,784
Hong Leong Financial Group Bhd		14,400		57,816
Petronas Dagangan Bhd		23,300		144,052
RHB Capital Bhd		36,700		92,244
YTL Power International Bhd		229,900		138,833

Total Malaysia				486,729
Mexico – 2.6%
Alfa S.A.B de C.V. Class A		4,200		60,388
Arca Continental S.A.B de C.V.		17,298		82,571
Grupo Mexico S.A.B de C.V. Series B		133,574		421,247
Industrias Penoles S.A.B de C.V.		10,455		506,333
Wal-Mart de Mexico S.A.B de C.V. Series V		115,429		386,821

Total Mexico				1,457,360
Netherlands – 0.2%
Randstad Holding N.V.		3,716		139,996

Norway – 0.2%
Yara International ASA		2,746	$	130,752
Philippines – 0.7%
Aboitiz Equity Ventures, Inc.		127,300		148,544
Aboitiz Power Corp.		190,500		150,412
Manila Electric Co.		15,310		93,425

Total Philippines				392,381
Poland – 0.1%
KGHM Polska Miedz S.A.		1,869		85,755
Portugal – 0.5%
Portugal Telecom, SGPS, S.A.		50,335		273,420
Russia – 6.9%
Gazprom Neft JSC ADR		18,671		498,329
Gazprom OAO ADR		125,211		1,527,574
Magnitogorsk Iron & Steel Works Reg S GDR^*		6,291		37,148
Mechel ADR^*(a)		2,600		23,348
MMC Norilsk Nickel OJSC ADR		35,375		647,363
NovaTek OAO Reg S GDR		599		81,164
Novolipetsk Steel OJSC Reg S GDR		6,423		133,470
Rosneft Oil Co. Reg S GDR		66,999		474,353
Sistema JSFC Reg S GDR		2,044		40,246
Tatneft ADR		5,791		236,273
Uralkali OJSC Reg S GDR		4,494		169,469

Total Russia				3,868,737
Singapore – 0.6%
Jardine Cycle & Carriage Ltd.		6,390		245,416
Yangzijiang Shipbuilding Holdings Ltd.		64,626		68,360

Total Singapore				313,776
South Africa – 2.5%
Kumba Iron Ore Ltd.^(a)		13,420		919,871
Vodacom Group Ltd.		35,349		498,139

Total South Africa				1,418,010
South Korea – 3.4%
Daewoo Shipbuilding & Marine Engineering Co., Ltd.		1,260		33,695
GS Holdings		838		48,000
Hankook Tire Co., Ltd.		1,000		37,024
Hanwha Chem Corp.		810		19,195
Honam Petrochemical Corp.		98		29,105
Hyundai Engineering & Construction Co., Ltd.		625		44,570
Hyundai Heavy Industries Co., Ltd.		682		193,516
Hyundai Mobis		252		63,720
Hyundai Motor Co.		868		178,495
Kangwon Land, Inc.		4,490		99,663
Kia Motors Corp.		1,713		112,028
LG Chem Ltd.		320		104,497
OCI Co., Ltd.		113		22,988
POSCO		1,158		388,368
Samsung C&T Corp.		619		43,377
Samsung Engineering Co., Ltd.		256		54,677
Samsung Heavy Industries Co., Ltd.		1,590		52,974
Samsung Life Insurance Co., Ltd.^*		1,455		127,130

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			65

Schedule of Investments (continued)

WisdomTree Global ex-U.S. Growth Fund (DNL)

March 31, 2012


Investments	Shares		Value

SK Holdings Co., Ltd.		308	$	40,095
SK Innovation Co., Ltd.		526		76,831
S-Oil Corp.		1,159		114,565

Total South Korea				1,884,513
Spain – 3.4%
CaixaBank^(a)		133,644		519,505
Endesa S.A.		28,983		576,634
Repsol YPF S.A.		31,140		780,035

Total Spain				1,876,174
Sweden – 0.9%
Boliden AB		7,261		113,697
Lundbergforetagen AB Class B		1,684		57,738
Scania AB Class B		15,718		325,950

Total Sweden				497,385
Switzerland – 1.9%
Cie Financiere Richemont S.A. Class A		2,259		141,461
Swatch Group AG (The)		2,264		181,726
Swiss Re AG^*		11,588		739,114

Total Switzerland				1,062,301
Taiwan – 6.8%
Advanced Semiconductor Engineering, Inc.		40,136		40,388
Chang Hwa Commercial Bank		57,770		32,981
Cheng Shin Rubber Industry Co., Ltd.		32,400		77,832
China Steel Corp.		242,550		247,773
Chinatrust Financial Holding Co., Ltd.		165,083		103,755
Far Eastern New Century Corp.		83,430		96,533
Formosa Chemicals & Fibre Corp.		136,000		397,201
Formosa Plastics Corp.		133,000		391,594
HTC Corp.		11,550		233,626
Nan Ya Plastics Corp.		108,000		244,070
President Chain Store Corp.		15,000		83,349
Taiwan Cement Corp.		88,000		103,014
Taiwan Semiconductor Manufacturing Co., Ltd.		590,000		1,697,166
Uni-President Enterprises Corp.		50,880		70,421

Total Taiwan				3,819,703
Thailand – 4.6%
Bank of Ayudhya PCL NVDR		77,400		67,741
Banpu PCL		3,500		68,979
Charoen Pokphand Foods PCL		156,920		189,474
CP ALL PCL		82,778		175,752
Indorama Ventures PCL		39,541		48,385
IRPC PCL		379,800		57,616
Kasikornbank PCL NVDR		39,400		196,681
Krung Thai Bank PCL		193,700		109,878
PTT Exploration & Production PCL		57,000		322,415
PTT Global Chemical PCL		59,310		136,500
PTT PCL		50,200		576,039
Siam Cement PCL NVDR		27,275		313,861
Thai Oil PCL		31,900		74,968
Total Access Communication PCL NVDR		87,400		232,311

Total Thailand				2,570,600

Turkey – 1.0%
BIM Birlesik Magazalar A.S.		2,027	$	76,741
KOC Holding A.S.		53,826		218,577
Tupras Turkiye Petrol Rafinerileri A.S.		9,781		249,613

Total Turkey				544,931
United Kingdom – 25.4%
Admiral Group PLC		7,065		133,990
Aggreko PLC		1,844		66,291
AMEC PLC		4,975		88,073
Anglo American PLC		11,475		428,470
Antofagasta PLC		36,672		674,988
ARM Holdings PLC		4,754		44,966
Ashmore Group PLC		17,009		99,872
Babcock International Group PLC		4,550		57,904
BHP Billiton PLC		34,080		1,038,659
British Sky Broadcasting Group PLC		27,555		297,616
Burberry Group PLC		3,496		83,618
Croda International PLC		1,714		57,674
Eurasian Natural Resources Corp. PLC		19,906		188,443
Ferrexpo PLC		5,472		26,718
Fresnillo PLC		10,790		275,491
IMI PLC		5,502		85,491
Intertek Group PLC		1,520		60,982
John Wood Group PLC		2,819		32,272
Johnson Matthey PLC		2,862		107,871
Kazakhmys PLC		5,052		73,292
London Stock Exchange Group PLC		4,791		79,151
National Grid PLC		114,474		1,153,190
Next PLC		4,068		193,884
Rio Tinto PLC		15,955		878,458
Royal Dutch Shell PLC Class A		96,582		3,369,444
Royal Dutch Shell PLC Class B		83,067		2,919,184
SABMiller PLC		21,066		844,653
SSE PLC		30,666		651,165
Vedanta Resources PLC		4,043		79,325
Weir Group PLC (The)		1,892		53,325

Total United Kingdom				14,144,460
TOTAL COMMON STOCKS (Cost: $57,292,590)				55,216,477
EXCHANGE-TRADED FUNDS – 0.7%
United States – 0.7%
WisdomTree DEFA Fund^(a)(b)		1,560		70,044
WisdomTree Emerging Markets Equity Income Fund^(a)(b)		809		46,606
WisdomTree India Earnings Fund^(a)(b)		13,939		268,744

TOTAL EXCHANGE-TRADED FUNDS (Cost: $412,281)				385,394
SHORT-TERM INVESTMENT – 0.0%
MONEY MARKET FUND – 0.0%
Invesco Treasury Fund Private Class, 0.02%^(c) (Cost: $1,540)		1,540		1,540

See Notes to Financial Statements.


66		WisdomTree International Dividend and Sector Funds

Schedule of Investments (concluded)

WisdomTree Global ex-U.S. Growth Fund (DNL)

March 31, 2012


Investments	Shares		Value

INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 5.0%
MONEY MARKET FUND – 5.0%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(c)
(Cost: $2,801,979)^(d)		2,801,979	$	2,801,979
TOTAL INVESTMENTS IN SECURITIES – 104.7% (Cost: $60,508,390)				58,405,390
Liabilities in Excess of Foreign Currency and Other Assets – (4.7)%				(2,631,256	)

NET ASSETS – 100.0%			$	55,774,134

ADR – American Depositary Receipt

GDR – Global Depositary Receipt

NVDR – Non-Voting Depositary Receipt

^*	Non-income producing security.

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Affiliated company (See Note 7).

^(c)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(d)	At March 31, 2012, the total market value of the Fund’s securities on loan was $2,668,103 and the total market value of the collateral held by the Fund was $2,801,979.

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			67

Schedule of Investments

WisdomTree Japan SmallCap Dividend Fund (DFJ)

March 31, 2012


Investments	Shares		Value

COMMON STOCKS – 98.8%
Japan – 98.8%
Advertising – 0.5%
Asatsu-DK, Inc.		10,739	$	310,445
Moshi Moshi Hotline, Inc.		64,200		645,160

Total Advertising				955,605
Aerospace/Defense – 0.0%
Sumitomo Precision Products Co., Ltd.		12,895		76,779
Agriculture – 0.3%
Hokuto Corp.		21,591		457,295
Sakata Seed Corp.		8,400		117,383

Total Agriculture				574,678
Airlines – 0.1%
Skymark Airlines, Inc.^*		14,412		124,865
Apparel – 1.5%
Atsugi Co., Ltd.		167,189		215,348
Descente Ltd.		12,000		75,387
Gunze Ltd.		125,503		369,059
Japan Wool Textile Co., Ltd. (The)		48,402		379,358
Onward Holdings Co., Ltd.		125,670		1,030,771
Sanyo Shokai Ltd.		134,260		365,444
Wacoal Holdings Corp.^(a)		40,000		476,821

Total Apparel				2,912,188
Auto Manufacturers – 0.5%
Nissan Shatai Co., Ltd.		41,923		441,161
Shinmaywa Industries Ltd.		92,801		464,597

Total Auto Manufacturers				905,758
Auto Parts & Equipment – 4.1%
Aisan Industry Co., Ltd.		20,863		221,572
Akebono Brake Industry Co., Ltd.^(a)		62,900		362,289
Calsonic Kansei Corp.		40,000		245,458
Exedy Corp.		12,944		371,042
FCC Co., Ltd.		18,260		410,265
Keihin Corp.^(a)		20,821		387,603
KYB Co., Ltd.^(a)		47,000		287,271
Musashi Seimitsu Industry Co., Ltd.		10,582		253,572
Nidec-Tosok Corp.		11,601		134,484
Nifco, Inc.		20,986		576,831
Nippon Seiki Co., Ltd.		5,000		63,309
Nissin Kogyo Co., Ltd.^(a)		22,800		374,297
Riken Corp.		58,687		270,989
Sanden Corp.		39,963		131,114
Sanoh Industrial Co., Ltd.		26,597		227,850
T RAD Co., Ltd.		40,000		165,259
Tachi-S Co., Ltd.		6,600		130,565
Taiho Kogyo Co., Ltd.		14,200		178,934
Tokai Rika Co., Ltd.		37,700		650,055
Topre Corp.		12,600		133,051
Toyo Tire & Rubber Co., Ltd.		125,682		352,786
TPR Co., Ltd.		4,400		73,088
TS Tech Co., Ltd.		21,024		414,630
Unipres Corp.		9,103		283,283

Yokohama Rubber Co., Ltd. (The)		166,637	$	1,206,825

Total Auto Parts & Equipment				7,906,422
Banks – 10.1%
77 Bank Ltd. (The)		151,000		669,725
Akita Bank Ltd. (The)		125,892		414,566
Aomori Bank Ltd. (The)^(a)		126,102		392,273
Awa Bank Ltd. (The)^(a)		82,378		508,512
Bank of Iwate Ltd. (The)^(a)		7,100		323,531
Bank of Nagoya Ltd. (The)		126,000		454,730
Bank of Saga Ltd. (The)		131,083		375,911
Bank of the Ryukyus Ltd.		16,700		228,295
Chukyo Bank Ltd. (The)		48,000		124,819
Daisan Bank Ltd. (The)		125,602		268,618
Daishi Bank Ltd. (The)		238,552		843,534
Ehime Bank Ltd. (The)		126,144		361,747
FIDEA Holdings Co., Ltd.		83,176		226,398
Fukui Bank Ltd. (The)		172,667		549,714
Higo Bank Ltd. (The)		104,000		619,236
Hokkoku Bank Ltd. (The)		170,621		644,792
Hokuetsu Bank Ltd. (The)		208,003		447,373
Hyakugo Bank Ltd. (The)		126,000		583,340
Hyakujushi Bank Ltd. (The)		177,000		828,058
Juroku Bank Ltd. (The)		218,000		754,967
Kagoshima Bank Ltd. (The)		85,000		545,355
Keiyo Bank Ltd. (The)		139,396		672,461
Kiyo Holdings, Inc.		502,593		751,187
Michinoku Bank Ltd. (The)^(a)		74,000		151,965
Mie Bank Ltd. (The)		125,691		303,937
Miyazaki Bank Ltd. (The)		125,000		356,948
Musashino Bank Ltd. (The)		18,778		649,854
Ogaki Kyoritsu Bank Ltd. (The)		210,423		761,967
Oita Bank Ltd. (The)		113,000		362,501
San-In Godo Bank Ltd. (The)		65,000		517,346
Sapporo Hokuyo Holdings, Inc.		89,648		332,252
Senshu Ikeda Holdings, Inc.		595,900		832,718
Shiga Bank Ltd. (The)		89,923		540,882
Shikoku Bank Ltd. (The)		122,000		459,566
Tochigi Bank Ltd. (The)		61,679		230,842
Toho Bank Ltd. (The)		208,000		715,280
Tohoku Bank Ltd. (The)		87,175		158,895
Tokyo Tomin Bank Ltd. (The)		12,921		156,694
TOMONY Holdings, Inc.		89,929		439,291
Tsukuba Bank Ltd.		45,700		161,043
Yamagata Bank Ltd. (The)		82,354		393,282
Yamanashi Chuo Bank Ltd. (The)		86,066		384,863

Total Banks				19,499,268
Beverages – 1.7%
Coca-Cola Central Japan Co., Ltd.		35,523		463,165
Ito En Ltd.		49,584		894,735
Kagome Co., Ltd.^(a)		14,600		287,405
Mikuni Coca-Cola Bottling Co., Ltd.		46,154		396,511
Sapporo Holdings Ltd.		159,000		591,215

See Notes to Financial Statements.


68		WisdomTree International Dividend and Sector Funds

Schedule of Investments (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

March 31, 2012


Investments	Shares		Value

Takara Holdings, Inc.		96,000	$	656,759

Total Beverages				3,289,790
Biotechnology – 0.1%
Eiken Chemical Co., Ltd.		12,629		170,648
Building Materials – 2.0%
Asahi Organic Chemicals Industry Co., Ltd.		41,000		110,602
Bunka Shutter Co., Ltd.		42,000		153,108
Central Glass Co., Ltd.		63,933		282,006
Cleanup Corp.		27,137		221,923
Daiken Corp.		62,901		218,600
Fujitec Co., Ltd.		40,632		269,580
Nichias Corp.		53,827		299,566
Nichiha Corp.		14,100		175,618
Okabe Co., Ltd.		21,400		126,899
Sanwa Holdings Corp.		148,807		584,053
Sumitomo Osaka Cement Co., Ltd.		136,404		399,458
Taiheiyo Cement Corp.^(a)		285,000		637,220
Takara Standard Co., Ltd.		64,063		476,415

Total Building Materials				3,955,048
Chemicals – 5.4%
ADEKA Corp.		57,935		553,338
Aica Kogyo Co., Ltd.		38,771		559,693
Chugoku Marine Paints Ltd.		41,000		252,591
Dainichiseika Color & Chemicals Manufacturing Co., Ltd.		41,618		196,218
Fujimi, Inc.		25,800		323,225
Hodogaya Chemical Co., Ltd.^(a)		41,500		138,174
Koatsu Gas Kogyo Co., Ltd.		11,000		67,768
Kureha Corp.		96,648		467,415
Nihon Nohyaku Co., Ltd.		40,000		179,355
Nihon Parkerizing Co., Ltd.		30,000		447,293
Nippon Carbon Co., Ltd.		46,000		130,239
Nippon Chemical Industrial Co., Ltd.		46,000		79,373
Nippon Kayaku Co., Ltd.		89,931		926,684
Nippon Soda Co., Ltd.		53,091		244,504
Nippon Synthetic Chemical Industry Co., Ltd. (The)		40,000		247,403
Nissan Chemical Industries Ltd.^(a)		90,000		849,748
NOF Corp.		112,000		548,466
Sanyo Chemical Industries Ltd.		51,208		343,482
Shikoku Chemicals Corp.		6,000		35,652
Stella Chemifa Corp.		4,000		96,336
Sumitomo Bakelite Co., Ltd.^(a)		127,010		672,901
Sumitomo Seika Chemicals Co., Ltd.		41,835		194,700
Taiyo Holdings Co., Ltd.^(a)		26,100		704,077
Takasago International Corp.^(a)		42,000		199,040
Toagosei Co., Ltd.		110,000		509,265
Tokai Carbon Co., Ltd.		80,974		433,921
Tokuyama Corp.^(a)		98,000		306,045
Toyo Ink SC Holdings Co., Ltd.		179,920		745,522

Total Chemicals				10,452,428
Coal – 0.1%
Mitsui Matsushima Co., Ltd.^(a)		65,954		140,251

Commercial Services – 2.6%
Aeon Delight Co., Ltd.		17,900	$	379,338
Kanamoto Co., Ltd.		34,228		409,264
Kyoritsu Maintenance Co., Ltd.		12,625		266,936
Meiko Network Japan Co., Ltd.		2,700		26,280
Meitec Corp.		11,900		241,340
Nichii Gakkan Co.		29,200		393,142
Nissin Corp.		59,556		158,488
Nomura Co., Ltd.		41,533		150,396
Park24 Co., Ltd.		109,551		1,484,286
Sohgo Security Services Co., Ltd.		51,658		616,418
Toppan Forms Co., Ltd.		95,200		878,022

Total Commercial Services				5,003,910
Computers – 2.3%
DTS Corp.		27,463		360,411
Ines Corp.		37,600		301,549
Information Services International-Dentsu Ltd.		14,800		119,774
Melco Holdings, Inc.		10,462		266,079
NEC Fielding Ltd.		51,616		676,756
NEC Networks & System Integration Corp.		29,268		420,375
NS Solutions Corp.		29,190		565,391
Otsuka Corp.		14,300		1,169,439
Roland DG Corp.		6,100		73,457
SCSK Corp.		29,351		467,933

Total Computers				4,421,164
Cosmetics/Personal Care – 1.7%
Fancl Corp.		40,007		541,562
Kose Corp.		22,704		517,285
Lion Corp.		124,629		717,834
Mandom Corp.		12,860		324,411
Pigeon Corp.		12,600		472,337
Pola Orbis Holdings, Inc.		20,833		625,281

Total Cosmetics/Personal Care				3,198,710
Distribution/Wholesale – 3.3%
Ai Holdings Corp.		84,854		452,651
Canon Marketing Japan, Inc.		66,500		857,361
Chori Co., Ltd.		126,000		156,170
Daiwabo Holdings Co., Ltd.		86,392		194,210
Doshisha Co., Ltd.		7,600		220,164
Fuji Electronics Co., Ltd.		14,484		221,233
Hakuto Co., Ltd.		23,683		237,132
Inabata & Co., Ltd.		50,141		349,729
Itochu Enex Co., Ltd.		110,081		654,106
Iwatani Corp.		94,166		315,813
Japan Pulp & Paper Co., Ltd.		54,000		194,884
Matsuda Sangyo Co., Ltd.		12,563		207,310
Nagase & Co., Ltd.		39,904		496,527
Paltac Corp.		22,949		331,289
Ryoden Trading Co., Ltd.		40,079		243,021
San-Ai Oil Co., Ltd.		41,506		216,873
Seika Corp.		52,000		157,336
Sinanen Co., Ltd.		78,771		346,499

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			69

Schedule of Investments (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

March 31, 2012


Investments	Shares		Value

Tomen Electronics Corp.		2,800	$	38,311
Yamazen Corp.		41,806		350,521
Yuasa Trading Co., Ltd.		115,000		201,227

Total Distribution/Wholesale				6,442,367
Diversified Financial Services – 2.3%
Century Tokyo Leasing Corp.		56,999		1,157,365
Hitachi Capital Corp.		72,100		1,079,375
Ichiyoshi Securities Co., Ltd.		54,716		386,958
Jaccs Co., Ltd.		102,000		365,636
Okasan Securities Group, Inc.		112,000		474,974
Tokai Tokyo Financial Holdings, Inc.		236,106		886,527

Total Diversified Financial Services				4,350,835
Electric – 0.1%
Okinawa Electric Power Co., Inc. (The)		6,770		281,346
Electrical Components & Equipment – 0.6%
Fujikura Ltd.		88,000		295,133
Kyosan Electric Manufacturing Co., Ltd.		40,000		172,550
Nippon Signal Co., Ltd. (The)		32,242		202,553
Nissin Electric Co., Ltd.		24,000		146,109
Takaoka Electric Manufacturing Co., Ltd.^(a)		40,000		124,430
Tatsuta Electric Wire and Cable Co., Ltd.^(a)		33,060		199,658

Total Electrical Components & Equipment				1,140,433
Electronics – 4.8%
Alps Electric Co., Ltd.		82,900		733,352
Anritsu Corp.		37,000		487,368
Azbil Corp.		44,100		980,655
Cosel Co., Ltd.		7,800		109,188
Eizo Nanao Corp.		16,008		344,300
Fujitsu General Ltd.^(a)		37,000		279,203
Horiba Ltd.		6,100		210,214
Idec Corp.		17,693		176,296
Inaba Denki Sangyo Co., Ltd.		19,594		591,427
Japan Aviation Electronics Industry Ltd.^(a)		39,000		339,790
Kaga Electronics Co., Ltd.		24,659		260,089
Koa Corp.		12,400		133,349
Kuroda Electric Co., Ltd.		20,802		230,277
Mitsumi Electric Co., Ltd.^*		34,991		303,160
Nichicon Corp.^(a)		17,674		214,120
Nidec Copal Corp.		27,600		362,209
Nihon Dempa Kogyo Co., Ltd.^(a)		9,600		145,467
Nohmi Bosai Ltd.		35,843		246,953
Osaki Electric Co., Ltd.		20,000		200,012
Ryosan Co., Ltd.		33,900		685,456
Sanshin Electronics Co., Ltd.		27,691		234,530
Sanyo Denki Co., Ltd.		30,382		186,438
Shinko Shoji Co., Ltd.		28,338		248,618
Siix Corp.		8,957		138,445
SMK Corp.		42,150		146,996
Star Micronics Co., Ltd.		27,934		278,338
Taiyo Yuden Co., Ltd.^(a)		19,500		208,992
Tamura Corp.		40,000		111,307
Tokyo Seimitsu Co., Ltd.		7,300		152,307

Toyo Corp.		46,100	$	504,162
Ulvac, Inc.^*(a)		8,220		90,795

Total Electronics				9,333,813
Engineering & Construction – 5.3%
COMSYS Holdings Corp.^(a)		72,807		792,698
Hibiya Engineering Ltd.		10,000		110,821
Japan Airport Terminal Co., Ltd.		20,987		277,719
Kandenko Co., Ltd.		126,138		616,167
Kyowa Exeo Corp.		63,066		570,924
Kyudenko Corp.		6,000		35,434
Maeda Corp.		110,609		489,236
Maeda Road Construction Co., Ltd.		41,694		521,333
Nippo Corp.		39,358		439,516
Nippon Densetsu Kogyo Co., Ltd.		30,000		299,289
Nippon Koei Co., Ltd.		51,583		180,520
Nippon Road Co., Ltd. (The)^(a)		56,596		242,078
Nishimatsu Construction Co., Ltd.		193,037		455,060
Okumura Corp.		146,096		576,963
Penta-Ocean Construction Co., Ltd.^(a)		63,000		202,868
Raito Kogyo Co., Ltd.^(a)		37,800		223,231
Sanki Engineering Co., Ltd.		48,718		264,621
Shinko Plantech Co., Ltd.		29,208		250,217
Taihei Dengyo Kaisha Ltd.^(a)		21,000		172,757
Taihei Kogyo Co., Ltd.		40,047		218,982
Taikisha Ltd.		14,065		290,204
Takasago Thermal Engineering Co., Ltd.^(a)		72,872		570,260
Toa Corp.		67,000		131,077
Toda Corp.		154,072		520,469
Toenec Corp.		5,000		29,163
Tokyo Energy & Systems, Inc.		38,000		225,336
Toshiba Plant Systems & Services Corp.		40,000		462,726
Totetsu Kogyo Co., Ltd.		26,000		278,972
Toyo Engineering Corp.		41,223		197,362
Tsukishima Kikai Co., Ltd.		31,000		275,363
Yokogawa Bridge Holdings Corp.		25,000		174,980
Yurtec Corp.		40,000		214,837

Total Engineering & Construction				10,311,183
Entertainment – 0.9%
Avex Group Holdings, Inc.		36,567		444,341
Mars Engineering Corp.		23,014		513,162
Shochiku Co., Ltd.		28,000		265,387
Toei Co., Ltd.		56,405		292,666
Tokyotokeiba Co., Ltd.		208,475		321,725

Total Entertainment				1,837,281
Environmental Control – 0.6%
Asahi Holdings, Inc.^(a)		22,200		482,063
Daiseki Co., Ltd.		12,400		230,988
Hitachi Zosen Corp.		290,175		380,812

Total Environmental Control				1,093,863
Food – 5.1%
Ariake Japan Co., Ltd.		20,528		397,863
Ezaki Glico Co., Ltd.		47,865		577,556

See Notes to Financial Statements.


70		WisdomTree International Dividend and Sector Funds

Schedule of Investments (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

March 31, 2012


Investments	Shares		Value

Fuji Oil Co., Ltd.		37,900	$	542,054
House Foods Corp.		38,500		661,978
Itoham Foods, Inc.		46,000		174,956
Izumiya Co., Ltd.		41,872		227,944
J-Oil Mills, Inc.^(a)		125,981		364,341
Kasumi Co., Ltd.		37,679		254,108
Kato Sangyo Co., Ltd.		22,916		455,006
Kewpie Corp.		46,500		688,784
Kyokuyo Co., Ltd.^(a)		79,000		190,072
Marudai Food Co., Ltd.		99,000		386,160
Maruha Nichiro Holdings, Inc.		243,327		428,731
Mitsui Sugar Co., Ltd.		64,879		217,590
Morinaga & Co., Ltd.		208,439		486,303
Morinaga Milk Industry Co., Ltd.		113,411		447,884
Nichirei Corp.		157,096		740,668
Nippon Beet Sugar Manufacturing Co., Ltd.		123,885		276,989
Nippon Flour Mills Co., Ltd.		116,766		539,171
Nippon Suisan Kaisha Ltd.^(a)		204,051		699,221
Nisshin Oillio Group Ltd. (The)		94,477		392,626
Prima Meat Packers Ltd.		126,000		235,786
Yokohama Reito Co., Ltd.		49,862		390,195
Yonekyu Corp.		5,000		45,325

Total Food				9,821,311
Forest Products & Paper – 0.5%
Daio Paper Corp.		41,597		249,698
Hokuetsu Kishu Paper Co., Ltd.^(a)		103,132		690,513

Total Forest Products & Paper				940,211
Gas – 0.5%
Saibu Gas Co., Ltd.		292,362		792,232
Shizuoka Gas Co., Ltd.		30,392		218,260

Total Gas				1,010,492
Hand/Machine Tools – 0.9%
Asahi Diamond Industrial Co., Ltd.^(a)		24,000		282,885
Hitachi Koki Co., Ltd.		77,927		716,820
Meidensha Corp.^*(a)		40,000		146,303
OSG Corp.^(a)		24,400		371,211
Union Tool Co.		8,700		163,016

Total Hand/Machine Tools				1,680,235
Healthcare-Products – 1.0%
Hogy Medical Co., Ltd.		10,000		448,994
Nihon Kohden Corp.		20,779		559,527
Nipro Corp.^(a)		77,396		580,270
Paramount Bed Holdings Co., Ltd.		13,473		398,976

Total Healthcare-Products				1,987,767
Healthcare-Services – 0.2%
Ain Pharmaciez, Inc.		3,644		196,823
BML, Inc.		9,494		242,844
CMIC Holdings Co., Ltd.		2,500		41,862

Total Healthcare-Services				481,529
Home Builders – 0.7%
Mitsui Home Co., Ltd.		57,910		315,956

PanaHome Corp.		106,177	$	728,963
Token Corp.		8,297		321,616

Total Home Builders				1,366,535
Home Furnishings – 1.1%
Alpine Electronics, Inc.		26,300		356,973
Canon Electronics, Inc.		23,400		601,670
Foster Electric Co., Ltd.^(a)		17,800		261,717
Hoshizaki Electric Co., Ltd.		18,540		439,760
Nidec Sankyo Corp.		75,000		454,766

Total Home Furnishings				2,114,886
Household Products/Wares – 0.3%
Kokuyo Co., Ltd.		65,903		494,903
Mitsubishi Pencil Co., Ltd.		7,000		122,571

Total Household Products/Wares				617,474
Housewares – 0.1%
Noritake Co., Ltd.		48,099		146,702
Internet – 0.5%
GMO Internet, Inc.		54,621		275,445
Gurunavi, Inc.		12,465		134,957
Macromill, Inc.		18,800		179,102
Monex Group, Inc.^(a)		1,583		348,166

Total Internet				937,670
Iron/Steel – 1.5%
Aichi Steel Corp.		66,314		344,080
Daido Metal Co., Ltd.		28,000		352,148
Kyoei Steel Ltd.		15,814		320,527
Mitsubishi Steel Manufacturing Co., Ltd.		40,000		137,554
Nisshin Steel Co., Ltd.		270,000		456,042
Sanyo Special Steel Co., Ltd.^(a)		56,000		305,535
Topy Industries Ltd.		102,000		318,537
Toyo Kohan Co., Ltd.		42,000		172,501
Yodogawa Steel Works Ltd.		125,993		552,688

Total Iron/Steel				2,959,612
Leisure Time – 0.8%
Daikoku Denki Co., Ltd.		15,800		227,895
HIS Co., Ltd.		10,214		313,389
Mizuno Corp.		97,616		544,453
Round One Corp.^(a)		65,095		431,883

Total Leisure Time				1,517,620
Lodging – 0.4%
Resorttrust, Inc.^(a)		43,360		707,607
Machinery-Construction & Mining – 0.3%
Aichi Corp.		38,915		178,745
Modec, Inc.^(a)		15,388		320,120

Total Machinery-Construction & Mining				498,865
Machinery-Diversified – 2.4%
Chugai Ro Co., Ltd.		51,986		179,403
CKD Corp.		19,500		155,204
Daifuku Co., Ltd.		64,062		373,653
Daihen Corp.		57,391		207,819

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			71

Schedule of Investments (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

March 31, 2012


Investments	Shares		Value

Eagle Industry Co., Ltd.		16,000	$	166,815
Hisaka Works Ltd.		17,945		199,304
Kinki Sharyo Co., Ltd.		40,000		153,108
Komori Corp.		37,829		327,749
Makino Milling Machine Co., Ltd.^(a)		17,000		146,461
Max Co., Ltd.		41,680		527,236
Miura Co., Ltd.		15,424		402,023
Nippon Sharyo Ltd.^(a)		41,000		170,387
Nippon Thompson Co., Ltd.		30,000		190,291
Organo Corp.		23,000		155,951
Sintokogio Ltd.		15,765		176,816
Torishima Pump Manufacturing Co., Ltd.		12,400		170,416
Toshiba Machine Co., Ltd.		33,806		172,121
Toyo Kanetsu K.K.		62,192		138,297
Tsubakimoto Chain Co.		46,228		287,047
Tsugami Corp.^(a)		32,000		366,681

Total Machinery-Diversified				4,666,782
Media – 0.2%
Gakken Holdings Co., Ltd.		81,000		167,325
Kadokawa Group Holdings, Inc.^(a)		5,400		172,837

Total Media				340,162
Metal Fabricate/Hardware – 1.8%
Daiichi Jitsugyo Co., Ltd.		40,000		199,769
Furukawa-Sky Aluminum Corp.		104,000		334,893
Hanwa Co., Ltd.		144,114		658,447
JFE Shoji Holdings, Inc.^(a)		124,000		650,926
Kitz Corp.		37,876		165,689
Nachi-Fujikoshi Corp.		40,000		230,877
Neturen Co., Ltd.		16,400		152,053
Oiles Corp.		14,893		294,983
Onoken Co., Ltd.		20,837		179,771
Ryobi Ltd.		60,000		228,932
Shinsho Corp.		55,000		130,324
Tocalo Co., Ltd.		6,600		131,527
Toho Zinc Co., Ltd.		41,967		190,214

Total Metal Fabricate/Hardware				3,548,405
Mining – 1.1%
Dowa Holdings Co., Ltd.^(a)		126,000		842,093
Mitsui Mining & Smelting Co., Ltd.		210,000		594,568
Nippon Coke & Engineering Co., Ltd.		75,500		114,679
Nippon Denko Co., Ltd.		40,000		196,853
Nippon Light Metal Co., Ltd.		130,000		208,518
Nittetsu Mining Co., Ltd.		40,000		192,964

Total Mining				2,149,675
Miscellaneous Manufacturing – 1.8%
Amano Corp.		59,617		557,087
Bando Chemical Industries Ltd.		55,082		206,821
JSP Corp.^(a)		12,123		181,930
Mitsuboshi Belting Co., Ltd.		41,525		231,101
Morita Holdings Corp.		26,102		168,103
Nikkiso Co., Ltd.		38,000		400,340
Nippon Valqua Industries Ltd.		60,042		169,996

Okamoto Industries, Inc.		42,000	$	161,784
Sekisui Plastics Co., Ltd.		63,598		234,160
Shinagawa Refractories Co., Ltd.		46,187		126,278
Shin-Etsu Polymer Co., Ltd.		45,074		236,612
Tamron Co., Ltd.		14,366		465,920
Tokai Rubber Industries Ltd.		30,600		388,937

Total Miscellaneous Manufacturing				3,529,069
Office Furnishings – 0.1%
Okamura Corp.		41,676		291,699
Office/Business Equipment – 0.6%
Riso Kagaku Corp.		14,806		245,402
Sato Holdings Corp.		22,864		323,672
Toshiba TEC Corp.		94,070		374,931
Uchida Yoko Co., Ltd.		47,388		151,444

Total Office/Business Equipment				1,095,449
Oil & Gas – 0.1%
AOC Holdings, Inc.		19,165		114,112
Japan Drilling Co., Ltd.^(a)		4,184		132,849

Total Oil & Gas				246,961
Packaging & Containers – 0.7%
Achilles Corp.		127,000		182,101
Fuji Seal International, Inc.		5,600		106,699
Nihon Yamamura Glass Co., Ltd.		88,714		217,756
Rengo Co., Ltd.		117,424		817,595

Total Packaging & Containers				1,324,151
Pharmaceuticals – 3.2%
Alfresa Holdings Corp.		25,300		1,209,739
ASKA Pharmaceutical Co., Ltd.		17,442		107,032
Fuso Pharmaceutical Industries Ltd.		50,000		139,134
Kaken Pharmaceutical Co., Ltd.		53,261		675,025
KYORIN Holdings, Inc.		39,963		760,946
Mochida Pharmaceutical Co., Ltd.		64,055		759,678
Nippon Shinyaku Co., Ltd.		40,000		496,263
Sawai Pharmaceutical Co., Ltd.^(a)		4,112		438,207
Seikagaku Corp.		35,655		399,898
Ship Healthcare Holdings, Inc.		16,534		340,746
Toho Holdings Co., Ltd.		34,300		612,686
Towa Pharmaceutical Co., Ltd.		3,100		154,444

Total Pharmaceuticals				6,093,798
Private Equity – 0.2%
Jafco Co., Ltd.^*		12,900		314,604
Real Estate – 0.9%
Arnest One Corp.		51,900		581,467
Goldcrest Co., Ltd.		19,744		362,755
Heiwa Real Estate Co., Ltd.		126,000		344,492
Tokyu Livable, Inc.		31,361		326,205
Touei Housing Corp.		14,100		149,746

Total Real Estate				1,764,665
Retail – 10.7%
Alpen Co., Ltd.		21,021		422,234
AOKI Holdings, Inc.		28,884		546,127

See Notes to Financial Statements.


72		WisdomTree International Dividend and Sector Funds

Schedule of Investments (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

March 31, 2012


Investments	Shares		Value

Arc Land Sakamoto Co., Ltd.		4,896	$	93,047
Arcs Co., Ltd.		29,194		543,829
ASKUL Corp.^(a)		19,365		342,379
Belluna Co., Ltd.		36,324		296,613
Bookoff Corp.		13,381		126,989
Cawachi Ltd.		3,900		93,075
Chiyoda Co., Ltd.		54,691		1,103,190
Circle K Sunkus Co., Ltd.		56,920		1,224,926
Citizen Holdings Co., Ltd.		113,500		722,693
Cosmos Pharmaceutical Corp.		3,104		157,284
Create SD Holdings Co., Ltd.		11,785		300,586
DCM Holdings Co., Ltd.		94,845		757,193
Doutor Nichires Holdings Co., Ltd.		29,453		389,748
EDION Corp.^(a)		62,977		443,850
Fuji Co., Ltd.		2,800		62,740
Gulliver International Co., Ltd.		3,960		156,389
H2O Retailing Corp.		78,763		688,141
Heiwado Co., Ltd.		36,592		496,223
Honeys Co., Ltd.		11,580		214,447
Izumi Co., Ltd.		18,100		343,327
Joshin Denki Co., Ltd.		35,000		347,895
Kappa Create Co., Ltd.^(a)		10,887		235,480
Keiyo Co., Ltd.^(a)		45,120		284,553
Kohnan Shoji Co., Ltd.		12,400		197,538
Kojima Co., Ltd.		21,000		125,548
Komeri Co., Ltd.^(a)		17,937		514,167
Kyoto Kimono Yuzen Co., Ltd.		19,045		228,184
Maruetsu, Inc. (The)		15,000		56,869
Matsumotokiyoshi Holdings Co., Ltd.^(a)		25,700		560,563
MOS Food Services, Inc.		9,300		177,423
Parco Co., Ltd.		43,527		421,016
Paris Miki Holdings, Inc.		29,316		205,545
Plenus Co., Ltd.		38,068		692,482
Point, Inc.		17,210		638,879
Ryohin Keikaku Co., Ltd.^(a)		14,482		753,180
Saizeriya Co., Ltd.		15,900		257,159
Scroll Corp.		42,227		169,842
Seiko Holdings Corp.^*(a)		40,000		96,725
Senshukai Co., Ltd.		5,800		41,230
Shimachu Co., Ltd.		20,564		487,269
St. Marc Holdings Co., Ltd.		8,148		324,752
Studio Alice Co., Ltd.		4,611		77,602
Sugi Holdings Co., Ltd.		11,800		362,911
Sundrug Co., Ltd.		12,400		385,734
Tsuruha Holdings, Inc.		9,067		537,112
United Arrows Ltd.		15,529		327,393
UNY Co., Ltd.		93,756		1,020,783
Valor Co., Ltd.		22,591		378,553
WATAMI Co., Ltd.^(a)		12,429		267,927
Xebio Co., Ltd.		19,489		522,659
Zensho Holdings Co., Ltd.^(a)		36,519		450,857

Total Retail				20,672,860

Semiconductors – 0.9%
Axell Corp.		19,500	$	463,953
Megachips Corp.^*(a)		12,353		245,874
Mimasu Semiconductor Industry Co., Ltd.		18,100		173,313
Sanken Electric Co., Ltd.^*(a)		28,000		133,714
Shinko Electric Industries Co., Ltd.^(a)		70,700		694,157

Total Semiconductors				1,711,011
Shipbuilding – 0.4%
Mitsui Engineering & Shipbuilding Co., Ltd.^(a)		377,000		659,676
Sasebo Heavy Industries Co., Ltd.^(a)		126,063		211,394

Total Shipbuilding				871,070
Software – 2.4%
Capcom Co., Ltd.		28,213		648,287
Fuji Soft, Inc.		7,600		146,376
IT Holdings Corp.		80,000		941,005
NEC Mobiling Ltd.		9,861		342,340
Nihon Unisys Ltd.		61,000		429,917
NSD Co., Ltd.		44,700		415,523
Square Enix Holdings Co., Ltd.^(a)		54,100		1,142,546
SRA Holdings, Inc.		10,407		121,907
Transcosmos, Inc.^*		12,600		193,987
Zenrin Co., Ltd.		30,102		305,062

Total Software				4,686,950
Storage/Warehousing – 0.7%
Mitsubishi Logistics Corp.		40,000		474,877
Mitsui-Soko Co., Ltd.		75,746		324,908
Sumitomo Warehouse Co., Ltd. (The)		115,417		598,859

Total Storage/Warehousing				1,398,644
Telecommunications – 1.0%
Denki Kogyo Co., Ltd.		41,110		209,309
Hikari Tsushin, Inc.		37,665		1,113,084
Hitachi Kokusai Electric, Inc.		42,000		387,363
Japan Radio Co., Ltd.^*		69,000		167,689

Total Telecommunications				1,877,445
Textiles – 1.4%
Japan Vilene Co., Ltd.		41,400		192,675
Kurabo Industries Ltd.		187,169		366,173
Nisshinbo Holdings, Inc.		69,000		656,504
Nitto Boseki Co., Ltd.^*(a)		125,960		495,911
Seiren Co., Ltd.		35,911		239,567
Toyobo Co., Ltd.		546,000		782,891

Total Textiles				2,733,721
Toys/Games/Hobbies – 0.2%
Tomy Co., Ltd.		46,177		339,475
Transportation – 3.2%
Fuji Kyuko Co., Ltd.		12,008		73,249
Fukuyama Transporting Co., Ltd.^(a)		125,059		683,839
Hitachi Transport System Ltd.		29,304		535,908
Iino Kaiun Kaisha Ltd.		36,371		165,734
Keisei Electric Railway Co., Ltd.		71,000		552,160
Kintetsu World Express, Inc.		8,983		314,806

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			73

Schedule of Investments (concluded)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

March 31, 2012


Investments	Shares		Value

Nippon Konpo Unyu Soko Co., Ltd.		41,860	$	517,305
Nishi-Nippon Railroad Co., Ltd.^(a)		140,000		661,766
NS United Kaiun Kaisha Ltd.^*(a)		78,000		127,006
Sankyu, Inc.		159,272		627,063
Seino Holdings Corp.		83,711		608,289
Senko Co., Ltd.		92,156		371,782
Sotetsu Holdings, Inc.^(a)		208,000		654,621
Yusen Logistics Co., Ltd.		12,600		198,887

Total Transportation				6,092,415
TOTAL COMMON STOCKS (Cost: $178,472,013)				190,916,160
SHORT-TERM INVESTMENT – 0.1%
MONEY MARKET FUND – 0.1%
Invesco Treasury Fund Private Class, 0.02%^(b) (Cost: $123,265)		123,265		123,265
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 11.5%
MONEY MARKET FUND – 11.5%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(b)
(Cost: $22,221,471)^(c)		22,221,471		22,221,471
TOTAL INVESTMENTS IN SECURITIES – 110.4% (Cost: $200,816,749)				213,260,896
Liabilities in Excess of Foreign Currency and Other Assets – (10.4)%				(20,089,183	)

NET ASSETS – 100.0%			$	193,171,713

^*	Non-income producing security.

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(c)	At March 31, 2012, the total market value of the Fund’s securities on loan was $20,983,422 and the total market value of the collateral held by the Fund was $22,221,471.

See Notes to Financial Statements.


74		WisdomTree International Dividend and Sector Funds

Schedule of Investments

WisdomTree Asia Pacific ex-Japan Fund (AXJL)

March 31, 2012


Investments	Shares		Value

COMMON STOCKS – 97.2%
Australia – 24.5%
AGL Energy Ltd.		17,775	$	271,606
Alumina Ltd.		37,208		47,604
Amcor Ltd.		37,586		289,693
AMP Ltd.		75,611		338,382
Australia & New Zealand Banking Group Ltd.		100,440		2,420,221
BHP Billiton Ltd.		44,010		1,577,944
Brambles Ltd.		30,688		225,718
Coca-Cola Amatil Ltd.		23,542		304,122
Commonwealth Bank of Australia		57,129		2,965,056
Computershare Ltd.		10,023		93,450
Crown Ltd.		19,597		176,420
CSL Ltd.		7,979		296,661
Incitec Pivot Ltd.		23,489		76,650
Insurance Australia Group Ltd.		46,865		165,069
Leighton Holdings Ltd.		10,978		242,465
Lend Lease Group^(a)		12,420		96,113
Macquarie Group Ltd.		11,597		349,364
National Australia Bank Ltd.		79,352		2,022,235
Newcrest Mining Ltd.		3,582		110,136
Orica Ltd.		8,015		232,239
Origin Energy Ltd.		17,294		239,175
QBE Insurance Group Ltd.		46,272		679,245
Rio Tinto Ltd.		4,225		286,248
Santos Ltd.		14,383		212,177
Sonic Healthcare Ltd.		14,062		182,385
Suncorp Group Ltd.		32,940		286,643
TABCORP Holdings Ltd.		29,198		82,274
Telstra Corp., Ltd.		685,936		2,337,858
Wesfarmers Ltd.		33,171		1,031,592
Westpac Banking Corp.		126,214		2,862,147
Woodside Petroleum Ltd.		12,590		454,013
Woolworths Ltd.		33,250		894,889
WorleyParsons Ltd.		3,877		114,989

Total Australia				21,964,783
China – 10.8%
Agricultural Bank of China Ltd. Class H^(b)		305,000		130,815
Anhui Conch Cement Co., Ltd. Class H^(b)		4,000		12,674
Bank of China Ltd. Class H		2,426,000		978,024
China Coal Energy Co., Ltd. Class H		51,000		57,214
China Communications Construction Co., Ltd. Class H		258,000		258,864
China Construction Bank Corp. Class H		5,197,000		4,016,229
China Life Insurance Co., Ltd. Class H		89,000		230,983
China Longyuan Power Group Corp. Class H		32,000		26,749
China Merchants Bank Co., Ltd. Class H		45,000		92,040
China National Building Material Co., Ltd. Class H^(b)		24,000		30,263
China Pacific Insurance Group Co., Ltd. Class H		21,000		65,050
China Petroleum & Chemical Corp. Class H		342,000		372,658
China Shenhua Energy Co., Ltd. Class H		57,000		240,437
China Telecom Corp., Ltd. Class H		966,000		535,008
Dongfeng Motor Group Co., Ltd. Class H		98,000		176,966

Guangzhou Automobile Group Co., Ltd. Class H		120,000	$	119,011
Industrial & Commercial Bank of China Class H		2,036,000		1,313,802
PetroChina Co., Ltd. Class H		560,000		791,963
Ping An Insurance Group Co. Class H		15,000		113,408
Shandong Weigao Group Medical Polymer Co., Ltd. Class H		16,000		18,279
Sinopharm Group Co., Ltd. Class H		10,400		29,068
Yanzhou Coal Mining Co., Ltd. Class H		36,000		78,083
Zhaojin Mining Industry Co., Ltd. Class H		17,500		29,347

Total China				9,716,935
Hong Kong – 19.5%
Bank of East Asia Ltd.^(b)		43,170		162,360
Beijing Enterprises Holdings Ltd.		14,000		85,381
BOC Hong Kong Holdings Ltd.		322,609		891,288
Cathay Pacific Airways Ltd.		173,000		320,420
Cheung Kong Holdings Ltd.		47,277		610,752
China Merchants Holdings International Co., Ltd.		58,092		194,538
China Mobile Ltd.		644,930		7,098,051
China Overseas Land & Investment Ltd.		107,565		204,490
China Resources Enterprise Ltd.		36,600		127,751
China Resources Power Holdings Co., Ltd.		72,218		133,758
China Unicom Hong Kong Ltd.		99,648		168,904
Citic Pacific Ltd.		54,283		91,450
CLP Holdings Ltd.		69,866		602,914
CNOOC Ltd.		834,062		1,714,532
Fosun International Ltd.		115,000		68,431
Hang Lung Group Ltd.		19,000		122,971
Hang Lung Properties Ltd.		75,000		274,826
Hang Seng Bank Ltd.		61,403		816,176
Henderson Land Development Co., Ltd.		31,000		171,091
Hong Kong & China Gas Co., Ltd.		123,410		316,314
Hong Kong Exchanges and Clearing Ltd.		19,573		328,990
Hutchison Whampoa Ltd.		73,027		729,894
Hysan Development Co., Ltd.		17,948		71,894
Lenovo Group Ltd.		110,000		99,034
MTR Corp., Ltd.		94,765		339,318
New World Development Co., Ltd.		84,557		101,612
Power Assets Holdings Ltd.		64,579		474,112
Sino Land Co., Ltd.		122,924		196,324
SJM Holdings Ltd.		78,432		159,612
Sun Hung Kai Properties Ltd.		48,534		603,237
Wharf Holdings Ltd.		36,350		197,575

Total Hong Kong				17,478,000
Indonesia – 4.0%
Adaro Energy Tbk PT		297,500		62,793
Astra International Tbk PT		83,000		671,243
Bank Central Asia Tbk PT		289,000		252,843
Bank Danamon Indonesia TbK PT		134,834		67,830
Bank Mandiri Persero Tbk PT		261,000		195,522
Bank Negara Indonesia Persero Tbk PT		136,000		59,493
Bank Rakyat Indonesia Persero Tbk PT		261,000		198,376
Bumi Resources Tbk PT		113,000		29,041
Indo Tambangraya Megah Tbk PT		23,000		109,290

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			75

Schedule of Investments (continued)

WisdomTree Asia Pacific ex-Japan Fund (AXJL)

March 31, 2012


Investments	Shares		Value

Indocement Tunggal Prakarsa Tbk PT		37,500	$	75,664
Indofood Sukses Makmur Tbk PT		113,000		59,935
Perusahaan Gas Negara Persero Tbk PT		679,500		282,382
Semen Gresik Persero Tbk PT		142,000		190,234
Tambang Batubara Bukit Asam Persero Tbk PT		43,500		97,523
Telekomunikasi Indonesia Persero Tbk PT		559,500		428,314
Unilever Indonesia Tbk PT		156,000		341,207
United Tractors Tbk PT		52,500		189,469
Vale Indonesia Tbk PT		441,000		162,771
XL Axiata Tbk PT		108,626		59,991

Total Indonesia				3,533,921
Malaysia – 6.5%
AMMB Holdings Bhd		59,100		121,730
Axiata Group Bhd		122,900		208,611
CIMB Group Holdings Bhd		84,000		210,857
DiGi.Com Bhd		340,400		451,126
Genting Bhd		18,600		65,815
Genting Malaysia Bhd		100,900		129,110
Hong Leong Bank Bhd		26,920		110,896
IOI Corp. Bhd		170,900		297,897
Kuala Lumpur Kepong Bhd		22,400		179,873
Malayan Banking Bhd		442,300		1,280,627
Maxis Bhd		359,700		715,056
MISC Bhd		161,900		284,322
Petronas Dagangan Bhd		27,800		171,873
Petronas Gas Bhd		66,200		363,900
Public Bank Bhd		120,300		535,627
RHB Capital Bhd		42,100		105,817
Sime Darby Bhd		50,100		159,286
Tenaga Nasional Bhd		118,500		248,720
YTL Power International Bhd		290,200		175,247

Total Malaysia				5,816,390
New Zealand – 0.1%
Fletcher Building Ltd.		15,503		85,624
Philippines – 1.4%
Aboitiz Equity Ventures, Inc.		158,500		184,950
Aboitiz Power Corp.		245,400		193,759
Manila Electric Co.		20,070		122,472
Philippine Long Distance Telephone Co.		9,125		573,833
San Miguel Corp.		13,743		36,394
SM Investments Corp.		7,390		113,600

Total Philippines				1,225,008
Singapore – 6.5%
City Developments Ltd.		10,000		90,269
DBS Group Holdings Ltd.		53,017		597,909
Fraser and Neave Ltd.		31,970		170,358
Jardine Cycle & Carriage Ltd.		7,676		294,806
Keppel Corp., Ltd.		42,235		369,159
Oversea-Chinese Banking Corp., Ltd.		83,517		592,493
SembCorp Industries Ltd.		50,116		210,453
SembCorp Marine Ltd.^(b)		108,757		456,704
Singapore Airlines Ltd.		22,557		193,215

Singapore Exchange Ltd.		30,869	$	170,383
Singapore Press Holdings Ltd.		78,000		243,178
Singapore Technologies Engineering Ltd.		114,625		296,283
Singapore Telecommunications Ltd.		563,577		1,411,912
United Overseas Bank Ltd.		37,574		548,362
Wilmar International Ltd.		52,781		205,692

Total Singapore				5,851,176
South Korea – 7.3%
Cheil Industries, Inc.		221		18,686
Daewoo Shipbuilding & Marine Engineering Co., Ltd.		1,370		36,636
Doosan Heavy Industries & Construction Co., Ltd.		954		53,718
GS Engineering & Construction Corp.		281		24,775
GS Holdings		1,022		58,539
Hana Financial Group, Inc.		3,040		114,565
Hankook Tire Co., Ltd.		1,070		39,616
Hanwha Chem Corp.		960		22,749
Honam Petrochemical Corp.		90		26,729
Hynix Semiconductor, Inc.^*		2,410		62,215
Hyundai Engineering & Construction Co., Ltd.		672		47,922
Hyundai Glovis Co., Ltd.		116		20,885
Hyundai Heavy Industries Co., Ltd.		776		220,188
Hyundai Mobis		302		76,363
Hyundai Motor Co.		1,054		216,744
Hyundai Steel Co.		241		21,695
Industrial Bank of Korea		8,440		102,423
Kangwon Land, Inc.		5,630		124,968
KB Financial Group, Inc.		762		27,809
Kia Motors Corp.		2,186		142,961
Korea Exchange Bank		55,100		421,134
Korea Life Insurance Co., Ltd.^*		8,564		56,612
Korea Zinc Co., Ltd.		84		29,024
KT Corp. ADR^*		24,426		334,392
KT&G Corp.		4,751		337,126
Kumho Petro chemical Co.		77		9,650
LG Chem Ltd.		398		129,968
LG Corp.		1,554		89,149
LG Display Co., Ltd.^*		3,970		92,851
LG Electronics, Inc.		296		21,631
LG Household & Health Care Ltd.		84		44,111
Lotte Shopping Co., Ltd.		72		22,559
NCSoft Corp.		34		8,987
OCI Co., Ltd.		131		26,650
POSCO		1,499		502,732
Samsung C&T Corp.		689		48,283
Samsung Electro-Mechanics Co., Ltd.		605		53,342
Samsung Electronics Co., Ltd.		1,239		1,394,223
Samsung Engineering Co., Ltd.		282		60,230
Samsung Fire & Marine Insurance Co., Ltd.^*		473		89,336
Samsung Heavy Industries Co., Ltd.		1,720		57,305
Samsung Life Insurance Co., Ltd.^*		1,955		170,818
Samsung SDI Co., Ltd.		335		40,506
Shinhan Financial Group Co., Ltd.		5,254		202,871
SK C&C Co., Ltd.		192		18,979

See Notes to Financial Statements.


76		WisdomTree International Dividend and Sector Funds

Schedule of Investments (concluded)

WisdomTree Asia Pacific ex-Japan Fund (AXJL)

March 31, 2012


Investments	Shares		Value

SK Holdings Co., Ltd.		308	$	40,095
SK Innovation Co., Ltd.		617		90,123
SK Telecom Co., Ltd. ADR^*		33,000		459,030
S-Oil Corp.		1,443		142,638
Woori Finance Holdings Co., Ltd.		10,830		124,257

Total South Korea				6,578,798
Taiwan – 11.9%
Acer, Inc.		118,000		156,523
Advanced Semiconductor Engineering, Inc.		45,446		45,732
Asustek Computer, Inc.		27,740		261,756
Cathay Financial Holding Co., Ltd.		78,120		88,934
Chang Hwa Commercial Bank		56,510		32,262
Cheng Shin Rubber Industry Co., Ltd.		35,800		85,999
China Steel Corp.		303,800		310,341
Chinatrust Financial Holding Co., Ltd.		191,125		120,123
Chunghwa Telecom Co., Ltd.		315,000		970,150
Compal Electronics, Inc.		223,000		250,846
Delta Electronics, Inc.		63,000		184,638
Far Eastern New Century Corp.		101,250		117,152
Far EasTone Telecommunications Co., Ltd.		146,000		299,277
First Financial Holding Co., Ltd.		107,532		64,670
Formosa Chemicals & Fibre Corp.		169,000		493,581
Formosa Petrochemical Corp.		280,000		872,791
Formosa Plastics Corp.		161,000		474,035
Foxconn Technology Co., Ltd.		3,150		13,021
Fubon Financial Holding Co., Ltd.		307,487		346,404
Hon Hai Precision Industry Co., Ltd.		139,500		541,183
HTC Corp.		10,450		211,376
MediaTek, Inc.		65,000		622,152
Mega Financial Holding Co., Ltd.		337,200		238,209
Nan Ya Plastics Corp.		138,000		311,867
President Chain Store Corp.		20,000		111,132
Quanta Computer, Inc.		157,000		411,191
Taiwan Cement Corp.		107,000		125,255
Taiwan Cooperative Financial Holding^*		42,356		26,549
Taiwan Mobile Co., Ltd.		158,100		481,566
Taiwan Semiconductor Manufacturing Co., Ltd.		760,000		2,186,180
Uni-President Enterprises Corp.		61,700		85,397
United Microelectronics Corp.		328,000		160,585

Total Taiwan				10,700,877
Thailand – 4.7%
Advanced Info Service PCL		155,900		929,841
Bangkok Bank PCL NVDR		36,000		215,883
Bank of Ayudhya PCL NVDR		91,000		79,644
Banpu PCL		4,600		90,658
Charoen Pokphand Foods PCL		211,000		254,773
CP ALL PCL		107,900		229,091
Indorama Ventures PCL		55,116		67,443
Kasikornbank PCL NVDR		33,300		166,230
Krung Thai Bank PCL		235,300		133,477
PTT Exploration & Production PCL		75,300		425,927
PTT Global Chemical PCL		45,194		104,012
PTT PCL		63,600		729,802

Siam Cement PCL NVDR		33,271	$	382,859
Siam Commercial Bank PCL		69,900		325,143
Thai Oil PCL		42,500		99,879

Total Thailand				4,234,662
TOTAL COMMON STOCKS (Cost: $84,269,365)				87,186,174
EXCHANGE-TRADED FUND – 2.5%
United States – 2.5%
WisdomTree India Earnings Fund^(b)(c) (Cost: $2,464,182)		114,015		2,198,209
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.5%
MONEY MARKET FUND – 2.5%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(d)
(Cost: $2,242,390)^(e)		2,242,390		2,242,390
TOTAL INVESTMENTS IN SECURITIES – 102.2% (Cost: $88,975,937)				91,626,773
Liabilities in Excess of Cash, Foreign Currency and Other Assets – (2.2)%				(1,954,339	)

NET ASSETS – 100.0%			$	89,672,434

ADR – American Depositary Receipt

NVDR – Non-Voting Depositary Receipt

^*	Non-income producing security.

^(a)	Stapled Security — A security contractually bound to one or more other securities to form a single saleable unit which cannot be sold separately.

^(b)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(c)	Affiliated company (See Note 7).

^(d)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(e)	At March 31, 2012, the total market value of the Fund’s securities on loan was $2,160,524 and the total market value of the collateral held by the Fund was $2,242,390.

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			77

Schedule of Investments

WisdomTree Australia Dividend Fund (AUSE)

March 31, 2012


Investments	Shares		Value

COMMON STOCKS – 99.3%
Australia – 99.3%
Agriculture – 1.5%
GrainCorp Ltd.		95,214	$	892,664
Banks – 11.2%
Australia & New Zealand Banking Group Ltd.		75,811		1,826,756
Commonwealth Bank of Australia^(a)		31,352		1,627,202
National Australia Bank Ltd.		60,579		1,543,817
Westpac Banking Corp.		82,327		1,866,924

Total Banks				6,864,699
Beverages – 2.0%
Coca-Cola Amatil Ltd.		93,071		1,202,318
Biotechnology – 1.2%
CSL Ltd.		19,109		710,477
Chemicals – 0.9%
Incitec Pivot Ltd.		170,600		556,709
Coal – 1.3%
New Hope Corp., Ltd.^(a)		94,054		515,432
Whitehaven Coal Ltd.^(a)		49,621		289,923

Total Coal				805,355
Commercial Services – 1.5%
Brambles Ltd.		121,101		890,727
Computers – 1.3%
Computershare Ltd.		83,833		781,621
Diversified Financial Services – 2.1%
Macquarie Group Ltd.		43,796		1,319,373
Electric – 2.8%
AGL Energy Ltd.		75,034		1,146,539
Origin Energy Ltd.		41,156		569,184

Total Electric				1,715,723
Engineering & Construction – 6.7%
Boart Longyear Ltd.		83,008		357,727
Leighton Holdings Ltd.		65,454		1,445,646
Transfield Services Ltd.		246,900		634,324
UGL Ltd.		77,204		1,055,729
WorleyParsons Ltd.		21,995		652,355

Total Engineering & Construction				4,145,781
Entertainment – 3.1%
TABCORP Holdings Ltd.		198,777		560,110
Tatts Group Ltd.		525,228		1,349,392

Total Entertainment				1,909,502
Food – 5.1%
Metcash Ltd.		439,801		1,959,130
Woolworths Ltd.		42,914		1,154,986

Total Food				3,114,116
Healthcare-Products – 0.9%
Cochlear Ltd.		8,968		575,075
Healthcare-Services – 4.8%
Primary Health Care Ltd.		287,156		850,790

Ramsay Health Care Ltd.		37,476	$	758,994
Sonic Healthcare Ltd.		103,930		1,347,981

Total Healthcare-Services				2,957,765
Insurance – 7.6%
AMP Ltd.		222,095		993,942
Insurance Australia Group Ltd.		273,798		964,379
QBE Insurance Group Ltd.^(a)		105,058		1,542,189
Suncorp Group Ltd.^(a)		133,628		1,162,828

Total Insurance				4,663,338
Internet – 5.0%
carsales.com Ltd.^(a)		198,800		1,143,005
Iress Market Technology Ltd.		108,431		786,303
REA Group Ltd.		40,594		582,439
Seek Ltd.^(a)		77,734		566,921

Total Internet				3,078,668
Iron/Steel – 0.2%
Fortescue Metals Group Ltd.		17,633		106,131
Leisure Time – 1.7%
Flight Centre Ltd.^(a)		45,435		1,035,504
Lodging – 1.8%
Crown Ltd.		125,876		1,133,186
Media – 0.8%
Fairfax Media Ltd.^(a)		693,144		520,595
Mining – 6.7%
Alumina Ltd.		314,826		402,788
BHP Billiton Ltd.		12,997		465,997
Iluka Resources Ltd.		8,033		148,045
Mineral Resources Ltd.		49,479		620,219
Newcrest Mining Ltd.		5,223		160,592
Orica Ltd.		34,893		1,011,042
OZ Minerals Ltd.		93,694		947,328
Rio Tinto Ltd.		5,275		357,387

Total Mining				4,113,398
Miscellaneous Manufacturing – 2.5%
Ansell Ltd.		42,952		661,657
Campbell Brothers Ltd.		12,881		897,122

Total Miscellaneous Manufacturing				1,558,779
Oil & Gas – 5.0%
Beach Energy Ltd.		511,873		775,546
Caltex Australia Ltd.		80,880		1,163,810
Santos Ltd.		43,511		641,871
Woodside Petroleum Ltd.		13,660		492,599

Total Oil & Gas				3,073,826
Packaging & Containers – 2.2%
Amcor Ltd.		172,533		1,329,792
Retail – 11.5%
David Jones Ltd.^(a)		468,396		1,169,415
Harvey Norman Holdings Ltd.^(a)		541,772		1,128,109
JB Hi-Fi Ltd.^(a)		82,102		932,187
Myer Holdings Ltd.^(a)		741,648		1,797,845

See Notes to Financial Statements.


78		WisdomTree International Dividend and Sector Funds

Schedule of Investments (concluded)

WisdomTree Australia Dividend Fund (AUSE)

March 31, 2012


Investments	Shares		Value

Wesfarmers Ltd.		36,487	$	1,134,717
Wesfarmers Ltd. PPS		29,192		934,460

Total Retail				7,096,733
Telecommunications – 5.5%
Telstra Corp., Ltd.		796,583		2,714,973
TPG Telecom Ltd.		374,056		689,756

Total Telecommunications				3,404,729
Transportation – 2.4%
Toll Holdings Ltd.		240,503		1,462,504
TOTAL COMMON STOCKS (Cost: $61,072,357)				61,019,088
SHORT-TERM INVESTMENT – 0.0%
MONEY MARKET FUND – 0.0%
Invesco Treasury Fund Private Class, 0.02%^(b) (Cost: $7,198)		7,198		7,198
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 14.1%
MONEY MARKET FUND – 14.1%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(b)
(Cost: $8,661,931)^(c)		8,661,931		8,661,931
TOTAL INVESTMENTS IN SECURITIES – 113.4% (Cost: $69,741,486)				69,688,217
Liabilities in Excess of Foreign Currency and Other Assets – (13.4)%				(8,232,382	)

NET ASSETS – 100.0%			$	61,455,835

PPS – Price Protected Shares

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(c)	At March 31, 2012, the total market value of the Fund’s securities on loan was $8,203,868 and the total market value of the collateral held by the Fund was $8,661,931.

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			79

Schedule of Investments

WisdomTree International LargeCap Dividend Fund (DOL)

March 31, 2012


Investments	Shares		Value

COMMON STOCKS – 99.4%
Australia – 12.1%
AMP Ltd.		87,757	$	392,739
Australia & New Zealand Banking Group Ltd.		101,111		2,436,389
BHP Billiton Ltd.		50,555		1,812,610
Brambles Ltd.		41,728		306,919
Commonwealth Bank of Australia		57,639		2,991,526
CSL Ltd.		10,263		381,581
Macquarie Group Ltd.		13,298		400,608
National Australia Bank Ltd.		82,816		2,110,513
Newcrest Mining Ltd.		1,685		51,809
Origin Energy Ltd.		22,788		315,156
QBE Insurance Group Ltd.		50,702		744,275
Rio Tinto Ltd.		5,536		375,070
Telstra Corp., Ltd.		725,370		2,472,260
Wesfarmers Ltd.		34,170		1,062,660
Westpac Banking Corp.		129,077		2,927,071
Woodside Petroleum Ltd.		14,826		534,646
Woolworths Ltd.		36,486		981,983

Total Australia				20,297,815
Austria – 0.2%
Bank Austria Creditanstalt AG^*†(a)		1,715		—
OMV AG		8,551		303,473

Total Austria				303,473
Belgium – 1.0%
Anheuser-Busch InBev N.V.		15,612		1,138,904
Belgacom S.A.		16,798		539,226

Total Belgium				1,678,130
Denmark – 0.4%
Novo Nordisk A/S Class B		4,278		591,556
Finland – 1.1%
Fortum Oyj^*		20,303		492,083
Nokia Oyj		165,538		899,864
Sampo Oyj Class A		15,418		444,932

Total Finland				1,836,879
France – 12.1%
Air Liquide S.A.		4,140		551,103
Alstom S.A.		5,408		210,726
AXA S.A.		48,036		795,141
BNP Paribas S.A.		21,897		1,037,375
Bouygues S.A.		9,654		294,793
Carrefour S.A.		11,947		285,979
Christian Dior S.A.		2,960		453,508
Cie de Saint-Gobain		7,175		319,947
Cie Generale des Etablissements Michelin		787		58,513
CNP Assurances		18,025		280,846
Danone		8,503		592,216
EDF S.A.		37,769		860,581
France Telecom S.A.		113,352		1,676,309
GDF Suez		61,859		1,595,654
Lafarge S.A.		6,435		306,659
L’Oreal S.A.		6,467		796,533

LVMH Moet Hennessy Louis Vuitton S.A.		5,284	$	906,679
Natixis		91,796		352,676
Pernod-Ricard S.A.		3,149		328,772
PPR		2,621		450,260
Sanofi		28,582		2,216,388
Schneider Electric S.A.		9,010		587,812
Societe Generale S.A.		15,273		446,747
Total S.A.		62,425		3,178,943
Veolia Environnement S.A.		13,139		217,578
Vinci S.A.		11,916		620,460
Vivendi S.A.		41,630		762,836

Total France				20,185,034
Germany – 8.9%
Allianz SE		10,161		1,210,655
BASF SE		15,943		1,392,560
Bayer AG		11,257		790,622
Bayerische Motoren Werke AG		6,363		571,375
Daimler AG^(b)		20,028		1,205,809
Deutsche Bank AG		9,178		455,954
Deutsche Boerse AG		4,487		301,635
Deutsche Post AG		33,872		651,124
Deutsche Telekom AG		132,955		1,598,286
E.ON AG		71,305		1,705,425
Linde AG		2,273		407,277
Metro AG		6,295		243,025
Muenchener Rueckversicherungs AG		5,298		797,607
RWE AG		22,533		1,074,407
SAP AG		10,379		723,705
Siemens AG		13,272		1,336,002
Volkswagen AG		2,937		472,864

Total Germany				14,938,332
Hong Kong – 5.6%
BOC Hong Kong Holdings Ltd.		224,000		618,856
Cheung Kong Holdings Ltd.		43,000		555,500
China Mobile Ltd.		392,919		4,324,437
CLP Holdings Ltd.		32,500		280,461
CNOOC Ltd.		541,529		1,113,189
Hang Seng Bank Ltd.		37,795		502,376
Hong Kong Exchanges and Clearing Ltd.		17,800		299,189
Hutchison Whampoa Ltd.		56,000		559,712
MTR Corp., Ltd.		75,500		270,338
Power Assets Holdings Ltd.		32,500		238,601
Sun Hung Kai Properties Ltd.		28,442		353,510
Wharf Holdings Ltd.		48,000		260,896

Total Hong Kong				9,377,065
Ireland – 0.2%
CRH PLC		16,070		327,426
Italy – 3.6%
Assicurazioni Generali SpA^(b)		25,005		387,602
Atlantia SpA		19,170		317,832
Enel SpA		229,520		828,927
ENI SpA		116,997		2,740,608

See Notes to Financial Statements.


80		WisdomTree International Dividend and Sector Funds

Schedule of Investments (continued)

WisdomTree International LargeCap Dividend Fund (DOL)

March 31, 2012


Investments	Shares		Value

Intesa Sanpaolo SpA		255,122	$	456,619
Luxottica Group SpA		4,008		144,912
Saipem SpA		4,180		215,591
Snam SpA		109,481		525,740
Telecom Italia SpA		380,162		451,332

Total Italy				6,069,163
Japan – 10.3%
Astellas Pharma, Inc.^(b)		12,300		508,172
Canon, Inc.		22,400		1,064,269
Chubu Electric Power Co., Inc.^(b)		16,100		292,283
Daiichi Sankyo Co., Ltd.^(b)		17,500		320,676
Denso Corp.		8,300		278,869
East Japan Railway Co.		6,400		405,176
FANUC Corp.		1,800		321,089
Fast Retailing Co., Ltd.		600		137,505
Hitachi Ltd.		9,000		58,071
Honda Motor Co., Ltd.		16,100		615,280
Japan Tobacco, Inc.		101		571,918
JX Holdings, Inc.		43,500		271,165
Kansai Electric Power Co., Inc. (The)^(b)		19,700		306,889
KDDI Corp.^(b)		60		390,789
Mitsubishi Corp.^(b)		28,100		655,593
Mitsubishi UFJ Financial Group, Inc.^(b)		199,600		999,273
Mitsui & Co., Ltd.^(b)		32,700		539,205
Mitsui Fudosan Co., Ltd.		13,000		250,064
Mizuho Financial Group, Inc.^(b)		499,198		818,904
MS&AD Insurance Group Holdings^(b)		14,400		297,291
Nintendo Co., Ltd.		2,600		393,341
Nippon Steel Corp.^(b)		82,000		226,186
Nippon Telegraph & Telephone Corp.^(b)		22,194		1,012,680
Nissan Motor Co., Ltd.		31,800		340,431
Nomura Holdings, Inc.		58,100		258,395
NTT DoCoMo, Inc.^(b)		759		1,267,229
Seven & I Holdings Co., Ltd.		15,700		468,930
Shin-Etsu Chemical Co., Ltd.		7,200		418,203
Sumitomo Corp.		23,400		340,074
Sumitomo Mitsui Financial Group, Inc.^(b)		29,700		982,722
Takeda Pharmaceutical Co., Ltd.^(b)		20,300		899,125
Tokio Marine Holdings, Inc.		13,800		380,823
Toyota Motor Corp.		25,000		1,084,513

Total Japan				17,175,133
Netherlands – 1.7%
Akzo Nobel N.V.		4,659		274,668
ASML Holding N.V.		2,306		115,097
Heineken N.V.		6,477		359,465
Koninklijke KPN N.V.		56,315		618,556
Koninklijke Philips Electronics N.V.		22,645		458,377
Unilever N.V. CVA		30,846		1,048,095

Total Netherlands				2,874,258
Norway – 1.9%
DNB ASA		42,013		539,152
Statoil ASA		70,603		1,913,592

Telenor ASA		37,746	$	698,798

Total Norway				3,151,542
Portugal – 0.2%
EDP-Energias de Portugal S.A.		129,695		376,691
Singapore – 1.6%
DBS Group Holdings Ltd.		27,000		304,498
Jardine Cycle & Carriage Ltd.		3,000		115,218
Keppel Corp., Ltd.		55,000		480,733
Oversea-Chinese Banking Corp., Ltd.		58,000		411,469
Singapore Airlines Ltd.		5,000		42,828
Singapore Telecommunications Ltd.		369,500		925,697
United Overseas Bank Ltd.		23,000		335,666

Total Singapore				2,616,109
Spain – 5.9%
ACS Actividades de Construccion y Servicios, S.A.^(b)		10,163		259,719
Banco Bilbao Vizcaya Argentaria S.A.^(b)		96,787		769,094
Banco Santander S.A.		288,577		2,217,399
CaixaBank^(b)		114,262		444,163
Endesa S.A.		22,502		447,691
Gas Natural SDG S.A.		28,393		452,975
Iberdrola S.A.		132,688		752,214
Inditex S.A.		8,114		776,045
Mapfre S.A.^(b)		97,170		312,374
Repsol YPF S.A.		25,813		646,597
Telefonica S.A.		173,906		2,845,090

Total Spain				9,923,361
Sweden – 2.9%
Atlas Copco AB Class A		14,416		347,834
Hennes & Mauritz AB Class B		34,928		1,260,184
Nordea Bank AB^(b)		67,212		609,282
Sandvik AB		20,948		301,496
Skandinaviska Enskilda Banken AB Class A^(b)		35,590		252,094
Svenska Handelsbanken AB Class A^(b)		12,936		411,162
Telefonaktiebolaget LM Ericsson Class B		42,408		438,118
TeliaSonera AB		119,181		828,745
Volvo AB Class A		27,853		404,026

Total Sweden				4,852,941
Switzerland – 8.7%
ABB Ltd.^*		33,650		689,493
Credit Suisse Group AG		20,409		580,985
Holcim Ltd.^*		5,023		327,327
Nestle S.A.		55,881		3,511,690
Novartis AG		50,156		2,772,356
Roche Holding AG		3,874		711,494
Roche Holding AG – Genusschein		13,875		2,411,642
SGS S.A.		218		423,530
Swiss Re AG^*		10,765		686,621
Swisscom AG^(b)		1,446		583,775
Syngenta AG^*		1,283		443,021
Zurich Financial Services AG^*		5,069		1,360,557

Total Switzerland				14,502,491

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			81

Schedule of Investments (concluded)

WisdomTree International LargeCap Dividend Fund (DOL)

March 31, 2012


Investments	Shares		Value

United Kingdom – 21.0%
Anglo American PLC		10,460	$	390,570
Antofagasta PLC		33,342		613,696
AstraZeneca PLC		36,131		1,604,270
Aviva PLC		87,915		465,646
BAE Systems PLC		84,764		406,160
Barclays PLC		130,698		491,256
BG Group PLC		20,876		482,975
BHP Billiton PLC		30,738		936,805
BP PLC		185,777		1,372,965
British American Tobacco PLC		44,477		2,238,844
British Sky Broadcasting Group PLC		26,164		282,592
BT Group PLC		141,170		510,655
Centrica PLC		111,302		562,663
Compass Group PLC		36,304		380,221
Diageo PLC		41,013		984,566
Eurasian Natural Resources Corp. PLC		24,125		228,383
Fresnillo PLC		5,150		131,490
GlaxoSmithKline PLC		132,384		2,953,829
HSBC Holdings PLC		317,248		2,812,187
Imperial Tobacco Group PLC		21,501		870,854
International Power PLC		63,103		408,333
National Grid PLC		79,366		799,518
Pearson PLC		18,336		341,303
Prudential PLC		49,552		591,809
Reckitt Benckiser Group PLC		13,312		751,443
Rio Tinto PLC		13,371		736,187
Royal Dutch Shell PLC Class A		88,121		3,074,267
Royal Dutch Shell PLC Class B		54,699		1,922,261
SABMiller PLC		19,371		776,691
SSE PLC		20,410		433,388
Standard Chartered PLC		32,135		800,962
TESCO PLC		151,380		798,163
Unilever PLC		25,982		856,823
Vodafone Group PLC		1,403,459		3,861,373
Xstrata PLC		14,919		254,577

Total United Kingdom				35,127,725
TOTAL COMMON STOCKS (Cost: $172,455,698)				166,205,124
EXCHANGE-TRADED FUND – 0.0%
United States – 0.0%
WisdomTree International MidCap Dividend Fund^(c) (Cost: $26,065)		624		30,021
SHORT-TERM INVESTMENT – 0.0%
MONEY MARKET FUND – 0.0%
Invesco Treasury Fund Private Class, 0.02%^(d) (Cost: $78,358)		78,358		78,358

INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 7.9%
MONEY MARKET FUND – 7.9%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(d)
(Cost: $13,139,642)^(e)		13,139,642	$	13,139,642
TOTAL INVESTMENTS IN SECURITIES – 107.3% (Cost: $185,699,763)				179,453,145
Liabilities in Excess of Foreign Currency and Other Assets – (7.3)%				(12,199,993	)

NET ASSETS – 100.0%			$	167,253,152

^*	Non-income producing security.

^†	Security is being fair valued by a valuation committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $0, which represents 0.0% of net assets.

^(a)	Escrow security – additional shares issued as a result of a corporate action.

^(b)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(c)	Affiliated company (See Note 7).

^(d)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(e)	At March 31, 2012, the total market value of the Fund’s securities on loan was $12,349,997 and the total market value of the collateral held by the Fund was $13,139,642.

See Notes to Financial Statements.


82		WisdomTree International Dividend and Sector Funds

Schedule of Investments

WisdomTree International Dividend ex-Financials Fund (DOO)

March 31, 2012


Investments	Shares		Value

COMMON STOCKS – 99.6%
Australia – 15.9%
Amcor Ltd.		804,117	$	6,197,703
BHP Billiton Ltd.		59,343		2,127,697
Brambles Ltd.		554,224		4,076,451
Coca-Cola Amatil Ltd.		433,445		5,599,368
CSL Ltd.		90,229		3,354,735
Orica Ltd.		160,351		4,646,252
Origin Energy Ltd.^(a)		199,414		2,757,881
Santos Ltd.		202,136		2,981,894
Telstra Corp., Ltd.		3,644,770		12,422,375
Wesfarmers Ltd.		151,851		4,722,445
Woodside Petroleum Ltd.		64,998		2,343,919
Woolworths Ltd.		194,474		5,234,067

Total Australia				56,464,787
Austria – 0.8%
OMV AG		74,581		2,646,865
Belgium – 2.7%
Belgacom S.A.		233,618		7,499,283
Solvay S.A.		16,944		2,003,035

Total Belgium				9,502,318
Finland – 2.7%
Nokia Oyj^(a)		1,242,841		6,756,082
UPM-Kymmene Oyj^(a)		221,142		3,006,791

Total Finland				9,762,873
France – 11.2%
Accor S.A.		70,233		2,503,779
Bouygues S.A.		100,400		3,065,802
Cap Gemini S.A.		40,303		1,801,215
Casino Guichard Perrachon S.A.		35,479		3,491,581
France Telecom S.A.		387,778		5,734,665
GDF Suez		152,755		3,940,319
Lafarge S.A.		59,693		2,844,663
Sanofi		54,072		4,193,007
Total S.A.		94,968		4,836,169
Veolia Environnement S.A.		181,771		3,010,071
Vivendi S.A.		245,851		4,505,020

Total France				39,926,291
Germany – 7.9%
BASF SE		34,107		2,979,117
Daimler AG^(a)		50,893		3,064,071
Deutsche Post AG		246,495		4,738,395
Deutsche Telekom AG		405,790		4,878,105
E.ON AG		245,594		5,873,952
RWE AG		141,116		6,728,624

Total Germany				28,262,264
Hong Kong – 1.2%
Cathay Pacific Airways Ltd.		2,292,000		4,245,100
Ireland – 1.0%
CRH PLC		181,342		3,694,844

Italy – 4.9%
Atlantia SpA		195,337	$	3,238,622
ENI SpA		234,141		5,484,659
Snam SpA		878,281		4,217,602
Terna Rete Elettrica Nazionale SpA		1,099,006		4,411,128

Total Italy				17,352,011
Japan – 9.6%
Astellas Pharma, Inc.^(a)		92,400		3,817,486
Canon, Inc.		56,500		2,684,428
Daiichi Sankyo Co., Ltd.^(a)		172,200		3,155,448
Eisai Co., Ltd.^(a)		114,100		4,561,504
Fujitsu Ltd.		382,000		2,023,841
Hoya Corp.		156,600		3,537,510
Kyocera Corp.		14,000		1,289,507
Murata Manufacturing Co., Ltd.		27,900		1,662,914
Nintendo Co., Ltd.		17,200		2,602,102
Sumitomo Metal Industries Ltd.		1,306,000		2,650,246
Takeda Pharmaceutical Co., Ltd.^(a)		90,900		4,026,132
Tokyo Electron Ltd.		35,300		2,031,053

Total Japan				34,042,171
Netherlands – 3.2%
Koninklijke KPN N.V.		493,114		5,416,295
Reed Elsevier N.V.		312,200		3,981,286
STMicroelectronics N.V.		247,379		2,022,728

Total Netherlands				11,420,309
Norway – 2.3%
Orkla ASA		490,575		3,875,371
Statoil ASA		159,292		4,317,379

Total Norway				8,192,750
Portugal – 2.5%
EDP-Energias de Portugal S.A.		1,650,285		4,793,149
Portugal Telecom, SGPS, S.A.		762,241		4,140,496

Total Portugal				8,933,645
Singapore – 1.7%
SembCorp Marine Ltd.		1,399,000		5,874,832
Spain – 5.5%
ACS Actividades de Construccion y Servicios, S.A.^(a)		122,618		3,133,542
Ferrovial S.A.		350,047		4,017,346
Gas Natural SDG S.A.		266,540		4,252,316
Repsol YPF S.A.		111,916		2,803,414
Telefonica S.A.		326,316		5,338,508

Total Spain				19,545,126
Sweden – 2.5%
Hennes & Mauritz AB Class B		107,763		3,888,033
TeliaSonera AB		716,596		4,982,969

Total Sweden				8,871,002
Switzerland – 3.2%
Novartis AG		55,939		3,092,009
Roche Holding AG - Genusschein		23,830		4,141,941
Swisscom AG^(a)		10,637		4,294,342

Total Switzerland				11,528,292

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			83

Schedule of Investments (concluded)

WisdomTree International Dividend ex-Financials Fund (DOO)

March 31, 2012


Investments	Shares		Value

United Kingdom – 20.8%
Antofagasta PLC		263,923	$	4,857,789
AstraZeneca PLC		102,030		4,530,283
BAE Systems PLC		1,032,884		4,949,222
British American Tobacco PLC		96,268		4,845,854
Compass Group PLC		303,444		3,178,046
GlaxoSmithKline PLC		233,212		5,203,562
Imperial Tobacco Group PLC		120,516		4,881,256
J. Sainsbury PLC		831,140		4,133,922
Marks & Spencer Group PLC		654,045		3,960,552
National Grid PLC		508,907		5,126,636
Pearson PLC		179,241		3,336,355
Reed Elsevier PLC		409,013		3,626,929
Royal Dutch Shell PLC Class A		1,474		51,423
Royal Dutch Shell PLC Class B		133,817		4,702,667
SSE PLC		232,111		4,928,669
TESCO PLC		511,469		2,696,759
Unilever PLC		116,603		3,845,283
Vodafone Group PLC		1,942,455		5,344,327

Total United Kingdom				74,199,534
TOTAL COMMON STOCKS (Cost: $354,771,452)				354,465,014
EXCHANGE-TRADED FUND – 0.0%
United States – 0.0%
WisdomTree International LargeCap Dividend Fund^(a)(b)
(Cost: $4,505)		121		5,215
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 5.3%
MONEY MARKET FUND – 5.3%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(c)
(Cost: $18,845,635)^(d)		18,845,635		18,845,635
TOTAL INVESTMENTS IN SECURITIES – 104.9% (Cost: $373,621,592)				373,315,864
Liabilities in Excess of Foreign Currency and Other Assets – (4.9)%				(17,324,124	)

NET ASSETS – 100.0%			$	355,991,740

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Affiliated company (See Note 7).

^(c)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(d)	At March 31, 2012, the total market value of the Fund’s securities on loan was $17,951,213 and the total market value of the collateral held by the Fund was $18,845,635.

See Notes to Financial Statements.


84		WisdomTree International Dividend and Sector Funds

Schedule of Investments

WisdomTree International MidCap Dividend Fund (DIM)

March 31, 2012


Investments	Shares		Value

COMMON STOCKS – 99.1%
Australia – 11.7%
AGL Energy Ltd.		35,002	$	534,840
Alumina Ltd.		116,062		148,489
Amcor Ltd.		96,412		743,092
Bendigo and Adelaide Bank Ltd.		43,315		347,759
Boral Ltd.		36,844		153,819
Caltex Australia Ltd.		23,870		343,474
Campbell Brothers Ltd.		1,806		125,782
Coca-Cola Amatil Ltd.		56,156		725,440
Cochlear Ltd.		3,034		194,556
Computershare Ltd.		29,633		276,285
Crown Ltd.		64,699		582,446
Fairfax Media Ltd.^(a)		164,378		123,458
Flight Centre Ltd.^(a)		7,176		163,547
Harvey Norman Holdings Ltd.^(a)		104,141		216,849
Incitec Pivot Ltd.		67,410		219,975
Insurance Australia Group Ltd.		138,328		487,223
Leighton Holdings Ltd.		34,883		770,441
Lend Lease Group^(b)		38,746		299,838
Metcash Ltd.		93,530		416,637
New Hope Corp., Ltd.^(a)		36,679		201,007
OneSteel Ltd.		173,334		222,661
Orica Ltd.		23,473		680,142
OZ Minerals Ltd.		29,989		303,215
Platinum Asset Management Ltd.^(a)		72,506		304,957
Ramsay Health Care Ltd.		10,694		216,584
Seek Ltd.^(a)		12,300		89,705
Sims Metal Management Ltd.		5,475		83,319
Sonic Healthcare Ltd.		34,002		441,009
Suncorp Group Ltd.		96,195		837,087
TABCORP Holdings Ltd.		174,739		492,377
Tatts Group Ltd.		139,549		358,523
Toll Holdings Ltd.		55,458		337,241
UGL Ltd.^(a)		16,372		223,879
Wesfarmers Ltd. PPS		11,095		355,160
Whitehaven Coal Ltd.		13,004		75,979
WorleyParsons Ltd.		11,406		338,293

Total Australia				12,435,088
Austria – 1.3%
Andritz AG^(a)		2,203		215,277
EVN AG^(a)		10,598		142,404
Strabag SE		5,628		171,219
Telekom Austria AG		37,328		434,065
Vienna Insurance Group AG Wiener Versicherung Gruppe		4,730		208,306
Voestalpine AG		5,624		188,847

Total Austria				1,360,118
Belgium – 1.8%
Ageas		151,032		331,461
Colruyt S.A.		6,080		244,036
Delhaize Group S.A.		4,310		226,428
Elia System Operator S.A./N.V.		3,225		136,358

Mobistar S.A.		5,063	$	251,828
NV Bekaert S.A.		2,663		85,661
UCB S.A.		6,929		298,505
Umicore S.A.		5,100		280,530

Total Belgium				1,854,807
Denmark – 0.6%
Coloplast A/S Class B		653		112,914
FLSmidth & Co. A/S^(a)		1,583		110,963
H. Lundbeck A/S^(a)		7,256		145,210
Novozymes A/S Class B		5,132		149,278
Pandora A/S^(a)		9,042		104,476

Total Denmark				622,841
Finland – 2.6%
Elisa Oyj^(a)		9,872		236,243
Kemira Oyj		6,788		89,944
Kesko Oyj Class B		2,819		91,336
Konecranes Oyj		2,600		68,210
Metso Oyj^(a)		6,469		276,103
Neste Oil Oyj^(a)		6,901		84,870
Nokian Renkaat Oyj		4,088		198,923
Orion Oyj Class B		6,359		125,500
Pohjola Bank PLC Class A^(a)		21,463		237,376
Rautaruukki Oyj^(a)		5,951		62,369
Sanoma Oyj^(a)		19,743		252,401
Stora Enso Oyj Class R		25,191		186,856
UPM-Kymmene Oyj^(a)		29,790		405,044
Wartsila Oyj Abp		10,103		380,484
YIT Oyj		4,646		99,736

Total Finland				2,795,395
France – 6.4%
Accor S.A.		10,126		360,988
Aeroports de Paris		3,103		254,300
Arkema S.A.		1,806		168,041
BioMerieux		710		55,851
Bourbon S.A.^(a)		3,178		94,461
Bureau Veritas S.A.		3,167		278,355
Cap Gemini S.A.		5,414		241,962
CFAO S.A.		3,590		154,037
Dassault Systemes S.A.		2,128		195,508
Edenred		5,741		172,478
Eiffage S.A.		3,097		119,645
Eramet		202		28,514
Etablissements Maurel et Prom		2,101		36,890
Euler Hermes S.A.		1,273		99,851
Eutelsat Communications S.A.		8,606		317,688
ICADE		2,628		234,095
Imerys S.A.		2,139		129,863
Ipsen S.A.		3,256		88,888
Klepierre		8,489		293,925
Lagardere SCA		6,689		206,036
Legrand S.A.		10,939		401,916
M6-Metropole Television S.A.		10,816		195,170
Neopost S.A.		1,876		120,467

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			85

Schedule of Investments (continued)

WisdomTree International MidCap Dividend Fund (DIM)

March 31, 2012


Investments	Shares		Value

Nexity S.A.		2,159	$	68,198
Publicis Groupe S.A.		4,196		230,972
Remy Cointreau S.A.		1,738		176,365
Rexel S.A.		6,261		137,782
Sa des Ciments Vicat		1,934		128,273
SCOR SE		15,573		420,163
SEB S.A.		1,537		127,640
Societe BIC S.A.		2,603		260,813
Societe Television Francaise 1		10,654		130,259
Suez Environnement Co.		26,761		409,833
Thales S.A.		5,908		220,767
Zodiac Aerospace		1,939		201,590

Total France				6,761,584
Germany – 3.1%
Aixtron SE N.A.		2,780		48,350
Aurubis AG		1,935		102,004
Axel Springer AG		5,667		285,795
Bilfinger Berger SE		2,582		242,170
Celesio AG		7,405		133,817
Deutsche Lufthansa AG		21,120		295,177
Fielmann AG		2,015		193,444
Fraport AG Frankfurt Airport Services Worldwide		2,820		176,316
GEA Group AG		6,366		219,231
Hamburger Hafen und Logistik AG		2,024		68,058
Hannover Rueckversicherung AG		10,288		610,221
Lanxess AG		907		74,863
MTU Aero Engines Holding AG		1,189		95,621
Rheinmetall AG		1,197		70,768
Rhoen Klinikum AG		3,753		75,243
SMA Solar Technology AG^(a)		1,758		79,551
Suedzucker AG		5,399		171,657
Symrise AG		6,614		191,131
United Internet AG Registered Shares		7,401		139,264

Total Germany				3,272,681
Hong Kong – 4.2%
Bank of East Asia Ltd.		76,400		287,336
Beijing Enterprises Holdings Ltd.		31,500		192,108
Cathay Pacific Airways Ltd.		307,000		568,606
China Agri-Industries Holdings Ltd.		62,000		40,886
China Merchants Holdings International Co., Ltd.		98,000		328,181
China Resources Enterprise Ltd.		40,000		139,619
China Resources Power Holdings Co., Ltd.		124,000		229,665
Citic Pacific Ltd.		109,000		183,632
Fosun International Ltd.		245,500		146,086
Franshion Properties China Ltd.		234,000		60,278
Guangdong Investment Ltd.		330,808		230,509
Hang Lung Group Ltd.		26,000		168,277
HKT Trust and HKT Ltd.^*(b)		10,065		7,830
Hopewell Holdings Ltd.		49,662		136,244
Hysan Development Co., Ltd.		43,000		172,244
Lenovo Group Ltd.		212,000		190,866
New World Development Co., Ltd.		216,482		260,147
PCCW Ltd.		463,000		165,783

Shanghai Industrial Holdings Ltd.		54,000	$	166,577
Shougang Fushan Resources Group Ltd.		254,000		86,041
Sino Land Co., Ltd.		214,400		342,421
Sino-Ocean Land Holdings Ltd.^(a)		312,000		148,284
Television Broadcasts Ltd.		26,074		175,808
Wheelock & Co., Ltd.		18,000		54,250

Total Hong Kong				4,481,678
Ireland – 0.5%
DCC PLC		5,429		134,221
Dragon Oil PLC		14,562		145,183
Kerry Group PLC Class A		3,331		153,925
Paddy Power PLC		1,916		120,484

Total Ireland				553,813
Italy – 3.7%
A2A SpA^(a)		148,219		118,726
ACEA SpA		21,729		137,969
Autogrill SpA		11,977		126,242
Banca Carige SpA		60,136		78,802
Banca Monte dei Paschi di Siena SpA^(a)		326,589		137,478
Banca Popolare dell’Emilia Romagna SCRL		9,942		71,561
Banca Popolare di Sondrio SCRL		16,429		120,332
Davide Campari-Milano SpA		10,506		71,423
Exor SpA		3,466		87,375
Hera SpA		35,416		50,465
Iren SpA		133,079		113,865
Mediaset SpA		157,390		433,445
Mediobanca SpA		34,173		200,418
Mediolanum SpA		34,322		162,898
Parmalat SpA		45,826		114,303
Pirelli & C SpA		21,858		259,646
Prysmian SpA		4,924		86,425
Societa Iniziative Autostradali e Servizi SpA		16,391		125,292
Telecom Italia SpA RSP		505,839		496,462
Terna Rete Elettrica Nazionale SpA		162,355		651,651
Tod’s SpA		726		81,551
Unione di Banche Italiane SCPA		46,657		197,459

Total Italy				3,923,788
Japan – 24.2%
Aeon Co., Ltd.		19,100		252,516
Aisin Seiki Co., Ltd.		5,900		208,341
Ajinomoto Co., Inc.		20,000		252,263
All Nippon Airways Co., Ltd.		17,000		51,643
Amada Co., Ltd.		13,000		88,146
Aozora Bank Ltd.		18,000		52,275
Asahi Group Holdings Ltd.		7,000		155,915
Asahi Kasei Corp.		30,000		186,281
Bank of Kyoto Ltd. (The)		13,000		118,634
Bank of Yokohama Ltd. (The)		45,000		226,381
Brother Industries Ltd.		7,700		104,981
Chiba Bank Ltd. (The)		20,000		128,319
Chugai Pharmaceutical Co., Ltd.		17,000		315,232
Chugoku Bank Ltd. (The)		10,000		135,974
Chugoku Electric Power Co., Inc. (The)		19,300		360,461

See Notes to Financial Statements.


86		WisdomTree International Dividend and Sector Funds

Schedule of Investments (continued)

WisdomTree International MidCap Dividend Fund (DIM)

March 31, 2012


Investments	Shares		Value

Cosmo Oil Co., Ltd.^(a)		49,000	$	136,946
Dai Nippon Printing Co., Ltd.^(a)		27,000		277,562
Daicel Corp.		13,000		84,197
Daihatsu Motor Co., Ltd.^(a)		19,000		350,009
Daikin Industries Ltd.^(a)		4,100		112,246
Dainippon Sumitomo Pharma Co., Ltd.^(a)		14,700		156,655
Daito Trust Construction Co., Ltd.		6,300		568,795
Daiwa House Industry Co., Ltd.		16,000		212,698
Daiwa Securities Group, Inc.		58,000		230,464
Dena Co., Ltd.^(a)		1,600		44,581
Denki Kagaku Kogyo K.K.		20,000		80,442
Eisai Co., Ltd.^(a)		16,800		671,633
Electric Power Development Co., Ltd.^(a)		5,500		149,973
FamilyMart Co., Ltd.		3,500		148,855
Fuji Heavy Industries Ltd.		19,000		153,533
Fujitsu Ltd.		58,000		307,285
Fukuoka Financial Group, Inc.		27,000		120,408
Furukawa Electric Co., Ltd.		15,000		40,100
GS Yuasa Corp.		13,000		71,718
Gunma Bank Ltd. (The)		20,000		107,661
Hachijuni Bank Ltd. (The)		19,000		112,668
Hankyu Hanshin Holdings, Inc.		24,000		105,280
Hirose Electric Co., Ltd.		1,600		168,953
Hiroshima Bank Ltd. (The)^(a)		20,000		91,865
Hisamitsu Pharmaceutical Co., Inc.^(a)		1,700		81,080
Hitachi Chemical Co., Ltd.		5,800		105,012
Hitachi Construction Machinery Co., Ltd.		2,400		53,398
Hitachi High-Technologies Corp.		2,900		69,597
Hitachi Metals Ltd.		7,000		87,442
Hokkaido Electric Power Co., Inc.		12,000		177,167
Hokuhoku Financial Group, Inc.		63,000		120,955
Hokuriku Electric Power Co.		10,600		192,692
Hoya Corp.		19,500		440,495
Ibiden Co., Ltd.		2,800		72,029
Idemitsu Kosan Co., Ltd.		1,400		140,349
Isetan Mitsukoshi Holdings Ltd.		6,100		72,048
Isuzu Motors Ltd.		14,000		82,508
Japan Steel Works Ltd. (The)^(a)		18,000		124,017
JGC Corp.		5,000		155,842
Joyo Bank Ltd. (The)		37,000		170,399
JS Group Corp.		8,300		174,785
JSR Corp.		7,700		155,881
JTEKT Corp.		4,600		55,393
Kajima Corp.^(a)		40,000		122,486
Kaneka Corp.		14,000		84,890
Kansai Paint Co., Ltd.		9,000		91,318
Kawasaki Heavy Industries Ltd.		17,000		52,263
Kawasaki Kisen Kaisha Ltd.^*(a)		33,000		72,981
Keikyu Corp.^(a)		13,000		114,369
Keio Corp.		20,000		144,116
Kintetsu Corp.^(a)		44,000		168,418
Kobe Steel Ltd.		65,000		105,839
Konami Corp.^(a)		5,000		142,536
Konica Minolta Holdings, Inc.		12,500		109,818

Kuraray Co., Ltd.		13,400	$	190,673
Kurita Water Industries Ltd.		2,900		71,465
Kyowa Hakko Kirin Co., Ltd.		19,000		212,407
Kyushu Electric Power Co., Inc.		28,700		411,171
Lawson, Inc.		6,300		398,846
Makita Corp.		4,400		177,508
MEIJI Holdings Co., Ltd.		1,900		83,462
Mitsubishi Chemical Holdings Corp.		32,000		171,869
Mitsubishi Gas Chemical Co., Inc.		8,000		53,758
Mitsubishi Tanabe Pharma Corp.		14,500		204,563
Mitsui Chemicals, Inc.		25,000		76,250
Mitsui O.S.K. Lines Ltd.^(a)		37,000		161,857
Namco Bandai Holdings, Inc.		12,100		175,556
NGK Insulators Ltd.		8,000		114,806
NGK Spark Plug Co., Ltd.		9,000		129,157
NHK Spring Co., Ltd.		9,000		97,333
Nikon Corp.		4,200		128,202
Nippon Electric Glass Co., Ltd.		10,000		87,369
Nippon Express Co., Ltd.		36,000		141,297
Nippon Paper Group, Inc.^(a)		6,000		125,621
Nippon Sheet Glass Co., Ltd.		18,000		27,778
Nippon Shokubai Co., Ltd.		5,000		58,266
Nippon Yusen K.K.^(a)		69,000		217,996
Nisshin Seifun Group, Inc.^(a)		10,000		121,636
Nissin Foods Holdings Co., Ltd.^(a)		3,600		135,391
Nitto Denko Corp.		4,400		178,310
NKSJ Holdings, Inc.^(a)		20,728		465,968
Nomura Real Estate Holdings, Inc.		5,800		102,828
Nomura Research Institute Ltd.		8,300		207,059
NSK Ltd.		8,000		61,924
NTN Corp.		20,000		85,060
Obayashi Corp.		24,000		105,280
Odakyu Electric Railway Co., Ltd.^(a)		13,000		123,531
OJI Paper Co., Ltd.^(a)		27,000		131,235
Oracle Corp.		6,768		258,647
Oriental Land Co., Ltd.		1,400		150,896
Osaka Gas Co., Ltd.		63,000		254,159
Resona Holdings, Inc.		110,000		509,265
Ricoh Co., Ltd.^(a)		33,000		322,802
Rohm Co., Ltd.		3,800		188,626
Sankyo Co., Ltd.		4,800		236,807
Secom Co., Ltd.		6,300		310,043
Sega Sammy Holdings, Inc.		10,100		212,812
Seiko Epson Corp.		4,400		62,021
Sekisui Chemical Co., Ltd.		13,000		113,421
Sekisui House Ltd.		21,000		206,951
Sharp Corp.^(a)		31,000		227,523
Shikoku Electric Power Co., Inc.^(a)		10,200		289,162
Shimamura Co., Ltd.		1,100		123,774
Shimizu Corp.^(a)		25,000		100,857
Shinsei Bank Ltd.		40,000		52,494
Shionogi & Co., Ltd.^(a)		14,800		205,738
Shiseido Co., Ltd.^(a)		16,300		282,841
Shizuoka Bank Ltd. (The)		15,000		155,295

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			87

Schedule of Investments (continued)

WisdomTree International MidCap Dividend Fund (DIM)

March 31, 2012


Investments	Shares		Value

Showa Denko K.K.		39,000	$	89,094
Showa Shell Sekiyu K.K.		11,600		74,425
Sojitz Corp.		42,100		75,713
Sony Financial Holdings, Inc.		8,231		147,027
Stanley Electric Co., Ltd.		4,600		73,504
Sumitomo Chemical Co., Ltd.^(a)		46,000		196,756
Sumitomo Electric Industries Ltd.		14,900		205,136
Sumitomo Metal Industries Ltd.		189,000		383,535
Sumitomo Metal Mining Co., Ltd.		14,000		197,849
Sumitomo Realty & Development Co., Ltd.		8,000		193,936
Sumitomo Rubber Industries Ltd.		6,000		80,126
T&D Holdings, Inc.		20,700		241,221
Taisei Corp.		39,000		102,363
Taiyo Nippon Sanso Corp.		13,000		92,253
TDK Corp.^(a)		3,100		176,669
Teijin Ltd.		15,000		50,671
Tobu Railway Co., Ltd.		23,000		122,693
Toho Co., Ltd.		6,100		112,594
Toho Gas Co., Ltd.^(a)		19,000		112,668
Tokyo Broadcasting System Holdings, Inc.		6,000		89,969
Tokyo Electron Ltd.		5,800		333,714
Tokyo Gas Co., Ltd.		72,000		341,211
Tokyu Corp.		21,000		100,286
Tokyu Land Corp.		19,000		93,505
TonenGeneral Sekiyu K.K.		28,104		260,225
Toppan Printing Co., Ltd.^(a)		22,000		172,696
Tosoh Corp.		18,000		50,307
TOTO Ltd.		10,000		75,703
Toyo Suisan Kaisha Ltd.		4,000		104,453
Toyoda Gosei Co., Ltd.		2,800		54,813
Toyota Boshoku Corp.		4,400		52,183
Toyota Tsusho Corp.		6,600		135,136
Trend Micro, Inc.		4,500		139,055
Ube Industries Ltd.		19,000		51,947
Unicharm Corp.		1,000		53,102
USS Co., Ltd.^(a)		1,300		132,535
Yamada Denki Co., Ltd.		810		50,886
Yamato Holdings Co., Ltd.		10,300		160,079

Total Japan				25,561,616
Netherlands – 2.4%
Delta Lloyd N.V.		11,546		202,653
Fugro N.V. CVA		3,584		254,964
Gemalto N.V.		1,538		101,363
Imtech N.V.		1,854		59,181
Koninklijke Boskalis Westminster N.V.		4,999		187,499
Koninklijke Vopak N.V.		3,203		184,245
Nutreco N.V.^(a)		890		63,907
PostNL N.V.		39,051		240,779
Randstad Holding N.V.		6,371		240,020
Reed Elsevier N.V.		42,745		545,100
STMicroelectronics N.V.		35,275		288,431
Wolters Kluwer N.V.		10,957		207,198

Total Netherlands				2,575,340

New Zealand – 0.8%
Auckland International Airport Ltd.		61,473	$	123,920
Contact Energy Ltd.^*		36,302		140,706
Fletcher Building Ltd.		31,322		172,994
Telecom Corp. of New Zealand Ltd.		188,131		373,848

Total New Zealand				811,468
Norway – 2.3%
Aker Solutions ASA		11,100		187,496
Fred Olsen Energy ASA		9,864		386,152
Gjensidige Forsikring ASA		37,644		443,818
Kongsberg Gruppen AS		3,739		70,138
Marine Harvest ASA		998,703		514,755
Orkla ASA		71,597		565,591
Schibsted ASA		3,362		124,365
TGS Nopec Geophysical Co. ASA		4,110		112,476

Total Norway				2,404,791
Portugal – 1.3%
Banco Espirito Santo S.A.		117,604		214,560
Brisa Auto-Estradas de Portugal S.A.^(a)		65,092		231,444
Cimpor Cimentos de Portugal, SGPS, S.A.		50,629		337,113
Portugal Telecom, SGPS, S.A.		106,374		577,824

Total Portugal				1,360,941
Singapore – 4.1%
City Developments Ltd.		19,000		171,512
ComfortDelGro Corp., Ltd.		130,000		161,292
Cosco Corp. Singapore Ltd.^(a)		59,000		54,667
Fraser and Neave Ltd.		58,402		311,205
Keppel Land Ltd.		88,000		242,860
Sakari Resources Ltd.		38,000		70,418
SATS Ltd.		73,000		144,566
SembCorp Industries Ltd.		92,000		386,336
SembCorp Marine Ltd.^(a)		156,360		656,604
SIA Engineering Co., Ltd.		63,536		203,643
Singapore Exchange Ltd.		63,000		347,731
Singapore Press Holdings Ltd.		155,148		483,700
Singapore Technologies Engineering Ltd.		185,000		478,188
SMRT Corp., Ltd.		102,000		140,748
StarHub Ltd.		149,594		368,824
Yangzijiang Shipbuilding Holdings Ltd.		159,000		168,187

Total Singapore				4,390,481
Spain – 3.9%
Acciona S.A.		3,480		242,653
Acerinox S.A.		17,520		224,844
Banco de Sabadell S.A.		113,234		307,921
Banco Espanol de Credito S.A.^(a)		60,882		291,389
Banco Popular Espanol S.A.^(a)		67,273		240,990
Banco Popular Espanol S.A. – Temp Line^*		873		3,127
Bolsas y Mercados Espanoles S.A.		6,677		170,899
Ebro Foods S.A.		5,960		115,522
Enagas S.A.		15,360		295,164
Ferrovial S.A.		44,466		510,318
Fomento de Construcciones y Contratas S.A.		6,421		143,227

See Notes to Financial Statements.


88		WisdomTree International Dividend and Sector Funds

Schedule of Investments (continued)

WisdomTree International MidCap Dividend Fund (DIM)

March 31, 2012


Investments	Shares		Value

Grupo Catalana Occidente S.A.		8,848	$	153,531
Indra Sistemas S.A.^(a)		10,837		132,598
Mediaset Espana Comunicacion S.A.		35,742		204,670
Obrascon Huarte Lain S.A.		4,034		119,905
Prosegur Cia de Seguridad, S.A.		2,606		152,351
Red Electrica Corp. S.A.		6,712		327,949
Sacyr Vallehermoso, S.A.		10,291		31,219
Tecnicas Reunidas S.A.		3,985		165,759
Zardoya Otis S.A.		20,973		271,198

Total Spain				4,105,234
Sweden – 6.1%
Alfa Laval AB		15,444		316,777
Assa Abloy AB Class B		12,206		382,257
Atlas Copco AB Class B		18,558		398,829
Boliden AB		18,825		294,772
Castellum AB		6,986		87,755
Electrolux AB Series B^(a)		15,319		322,987
Getinge AB Class B^(a)		6,098		173,143
Hakon Invest AB		14,531		251,186
Hexagon AB Class B		1,723		33,342
Husqvarna AB Class B^(a)		20,672		124,337
Investment AB Kinnevik Class B		11,443		265,408
Lundbergforetagen AB Class B		4,869		166,939
Meda AB Class A		19,835		188,624
Modern Times Group AB Class B		1,553		85,288
Peab AB		23,259		118,480
Ratos AB Class B^(a)		20,979		290,402
Saab AB Class B		3,168		58,964
Scania AB Class B		30,186		625,980
Securitas AB Class B		19,920		191,534
Skanska AB Class B		24,748		427,799
SSAB AB Class A		10,895		102,705
Svenska Cellulosa AB Class B^(a)		29,349		506,890
Swedish Match AB		11,069		439,400
Tele2 AB Class B		23,830		484,835
Trelleborg AB Class B		7,512		78,229

Total Sweden				6,416,862
Switzerland – 2.6%
Actelion Ltd.^*		3,276		119,608
Baloise Holding AG		3,160		254,171
Bank Sarasin & Cie AG Class B		1,395		43,678
BKW S.A.^*		2,668		95,639
GAM Holding AG^*		8,130		118,282
Geberit AG^*		1,868		390,402
Givaudan S.A.^*		134		128,982
Julius Baer Group Ltd.^*		5,712		230,287
Lonza Group AG^*		1,802		93,026
Nobel Biocare Holding AG^*		4,122		51,488
Partners Group Holding AG		1,675		326,346
Schindler Holding AG		1,597		190,647
Schindler Holding AG Participating Shares		2,108		253,282
Sonova Holding AG^*		1,071		118,849
Sulzer AG		1,315		186,662

Swatch Group AG (The)		1,454	$	116,709
Vontobel Holding AG		2,492		63,137

Total Switzerland				2,781,195
United Kingdom – 15.5%
Aberdeen Asset Management PLC		81,757		335,712
Admiral Group PLC		16,821		319,015
Aegis Group PLC		30,449		89,905
Aggreko PLC		2,435		87,537
AMEC PLC		11,657		206,365
Amlin PLC		44,204		232,928
Ashmore Group PLC		48,170		282,841
Babcock International Group PLC		6,881		87,568
Balfour Beatty PLC		41,008		187,061
British Land Co. PLC		56,712		434,845
Bunzl PLC		11,884		190,636
Burberry Group PLC		10,326		246,981
Capita PLC		20,088		235,100
Carillion PLC		28,231		134,597
Carnival PLC		5,739		183,206
Cobham PLC		47,334		173,264
Cookson Group PLC		4,804		53,038
Croda International PLC		1,986		66,826
Daily Mail & General Trust PLC Class A		22,461		162,030
Drax Group PLC		34,457		299,767
Firstgroup PLC		30,863		117,213
G4S PLC		64,937		282,727
GKN PLC		45,682		150,429
Halma PLC		11,150		67,804
Hammerson PLC		28,222		187,401
Hargreaves Lansdown PLC		14,788		115,090
Hays PLC		93,484		125,989
Hikma Pharmaceuticals PLC		4,605		49,958
Home Retail Group PLC		111,500		203,090
ICAP PLC		38,940		244,386
IG Group Holdings PLC		26,430		190,028
IMI PLC		12,719		197,629
Inchcape PLC		9,912		59,578
Inmarsat PLC		25,647		188,620
Intercontinental Hotels Group PLC		7,467		173,349
Invensys PLC		14,307		45,489
Investec PLC		28,449		173,772
J. Sainsbury PLC		112,492		559,512
Jardine Lloyd Thompson Group PLC		8,680		96,871
John Wood Group PLC		5,048		57,789
Johnson Matthey PLC		6,592		248,459
Kingfisher PLC		74,875		366,910
Legal & General Group PLC		365,392		763,033
Logica PLC		80,950		128,821
London Stock Exchange Group PLC		12,993		214,654
Lonmin PLC		1,923		31,401
Man Group PLC		257,628		554,871
Marks & Spencer Group PLC		86,959		526,578
Meggitt PLC		24,961		161,081
Melrose PLC		13,536		91,505

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			89

Schedule of Investments (concluded)

WisdomTree International MidCap Dividend Fund (DIM)

March 31, 2012


Investments	Shares		Value

Michael Page International PLC		7,315	$	56,100
Millennium & Copthorne Hotels PLC		10,685		82,031
Mondi PLC		10,538		99,255
Next PLC		7,822		372,804
Pennon Group PLC		14,403		163,733
Persimmon PLC		5,064		51,782
PZ Cussons PLC		10,319		49,412
Reed Elsevier PLC		64,613		572,957
Rexam PLC		38,510		263,407
Rotork PLC		3,083		100,931
RSA Insurance Group PLC^(a)		322,413		538,832
Sage Group PLC (The)		59,813		285,934
Segro PLC		54,355		203,914
Serco Group PLC		8,935		77,447
Severn Trent PLC		14,843		366,166
Smith & Nephew PLC		21,324		215,836
Smiths Group PLC		16,168		271,757
Stagecoach Group PLC		13,861		56,540
Standard Life PLC		187,174		686,935
Tate & Lyle PLC		24,453		275,442
TUI Travel PLC		79,171		248,311
United Utilities Group PLC		48,010		461,399
Vedanta Resources PLC		6,922		135,812
Weir Group PLC (The)		2,810		79,198
Whitbread PLC		5,117		150,760
William Hill PLC		47,871		199,934

Total United Kingdom				16,449,888
TOTAL COMMON STOCKS (Cost: $105,846,180)				104,919,609
EXCHANGE-TRADED FUNDS – 0.1%
United States – 0.1%
WisdomTree Australia Dividend Fund^(a)(c)		742		41,611
WisdomTree Japan Hedged Equity Fund^(a)(c)		1,122		41,402

TOTAL EXCHANGE-TRADED FUNDS (Cost: $71,003)				83,013
SHORT-TERM INVESTMENT – 0.1%
MONEY MARKET FUND – 0.1%
Invesco Treasury Fund Private Class, 0.02%^(d) (Cost: $62,032)		62,032		62,032
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 12.1%
MONEY MARKET FUND – 12.1%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(d)
(Cost: $12,838,834)^(e)		12,838,834		12,838,834
TOTAL INVESTMENTS IN SECURITIES – 111.4% (Cost: $118,818,049)				117,903,488
Liabilities in Excess of Foreign Currency and Other Assets – (11.4)%				(12,080,857	)

NET ASSETS – 100.0%			$	105,822,631

PPS – Price Protected Shares

RSP – Risparmio Italian Savings Shares

^*	Non-income producing security.

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Stapled Security – A security contractually bound to one or more other securities to form a single saleable unit which cannot be sold separately.

^(c)	Affiliated company (See Note 7).

^(d)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(e)	At March 31, 2012, the total market value of the Fund’s securities on loan was $12,069,627 and the total market value of the collateral held by the Fund was $12,838,834.

See Notes to Financial Statements.


90		WisdomTree International Dividend and Sector Funds

Schedule of Investments

WisdomTree International SmallCap Dividend Fund (DLS)

March 31, 2012


Investments	Shares		Value

COMMON STOCKS – 99.0%
Australia – 16.0%
Adelaide Brighton Ltd.		689,008	$	2,069,955
Aditya Birla Minerals Ltd.		350,832		259,863
Amalgamated Holdings Ltd.		123,683		794,402
Ansell Ltd.		49,394		760,893
APN News & Media Ltd.		1,139,372		1,068,200
ARB Corp., Ltd.		85,671		816,508
Aristocrat Leisure Ltd.		226,250		707,838
ASG Group Ltd.^(a)		365,805		314,533
Ausdrill Ltd.		265,340		1,157,240
Austal Ltd.^(a)		210,821		409,500
Australian Pharmaceutical Industries Ltd.		1,029,781		330,708
Automotive Holdings Group		417,513		1,029,403
Bank of Queensland Ltd.^(a)		238,689		1,800,124
Bank of Queensland Ltd. Placement Shares^*		51,608		389,213
Beach Energy Ltd.		461,025		698,506
Billabong International Ltd.^(a)		249,538		718,654
Boart Longyear Ltd.		108,909		469,349
Bradken Ltd.		122,864		1,092,070
Brickworks Ltd.		51,220		572,001
BT Investment Management Ltd.		128,502		294,199
Cabcharge Australia Ltd.		37,772		235,953
Cardno Ltd.		178,239		1,290,680
carsales.com Ltd.^(a)		179,278		1,030,762
Cash Converters International Ltd.		247,861		170,753
Challenger Infrastructure Fund Class A^(b)		936,867		1,145,245
Consolidated Media Holdings Ltd.		764,673		2,305,193
CSG Ltd.		424,408		281,386
CSR Ltd.^(a)		959,427		1,789,052
Customers Ltd.		540,135		514,788
David Jones Ltd.^(a)		704,091		1,757,861
DuluxGroup Ltd.^(a)		160,736		496,213
DWS Ltd.		375,607		554,482
Emeco Holdings Ltd.		442,544		495,129
Envestra Ltd.		2,919,619		2,344,048
FKP Property Group^(b)		249,662		128,025
Fleetwood Corp., Ltd.		91,605		1,162,502
GrainCorp Ltd.		108,130		1,013,756
GUD Holdings Ltd.		115,735		985,542
GWA Group Ltd.^(a)		345,328		769,146
Hills Holdings Ltd.^(a)		175,366		195,296
iiNET Ltd.		118,918		373,275
Imdex Ltd.		62,461		196,708
IMF Australia Ltd.		252,426		356,948
Independence Group NL		38,748		158,958
Invocare Ltd.^(a)		108,661		901,664
IOOF Holdings Ltd.		276,411		1,655,091
Iress Market Technology Ltd.		112,471		815,600
JB Hi-Fi Ltd.^(a)		95,889		1,088,724
Kingsgate Consolidated Ltd.^(a)		76,925		510,019
Medusa Mining Ltd.		36,664		191,430
Mermaid Marine Australia Ltd.^(a)		117,738		397,624
Mincor Resources NL		535,612		377,310

Mineral Resources Ltd.		77,991	$	977,616
Monadelphous Group Ltd.		104,263		2,581,468
Mortgage Choice Ltd.		443,433		599,483
Myer Holdings Ltd.^(a)		877,507		2,127,184
Navitas Ltd.		314,091		1,155,108
NIB Holdings Ltd.		743,323		1,143,517
NRW Holdings Ltd.		118,706		510,340
Oakton Ltd.		113,566		147,649
Pacific Brands Ltd.		815,540		515,364
Panoramic Resources Ltd.		300,642		347,267
Perpetual Ltd.		65,011		1,709,969
Primary Health Care Ltd.		373,009		1,105,157
Prime AET&D Holdings^*†		124,997		—
Programmed Maintenance Services Ltd.		156,311		408,064
Reject Shop Ltd. (The)^(a)		31,864		399,415
Retail Food Group Ltd.		161,549		443,495
Ridley Corp., Ltd.		449,628		544,977
SAI Global Ltd.		193,269		1,001,085
Salmat Ltd.^(a)		222,725		542,220
Sedgman Ltd.		182,169		464,246
Select Harvests Ltd.		137,921		224,320
Servcorp Ltd.		127,515		373,840
Seven West Media Ltd.^(a)		402,297		1,629,529
SMS Management & Technology Ltd.^(a)		104,025		618,569
Spotless Group Ltd.		62,962		153,280
STW Communications Group Ltd.		559,772		579,895
Super Retail Group Ltd.		119,563		945,061
Technology One Ltd.		661,267		794,645
TFS Corp., Ltd.		372,901		212,469
TPG Telecom Ltd.		351,850		648,808
Transfield Services Ltd.		356,891		916,908
Watpac Ltd.		401,364		405,398
Webjet Ltd.^(a)		144,571		486,747
Western Areas NL^(a)		72,291		405,903
WHK Group Ltd.		610,073		527,724
Wotif.com Holdings Ltd.^(a)		181,267		861,926

Total Australia				67,950,968
Austria – 1.1%
Oesterreichische Post AG^(a)		60,539		2,104,176
Schoeller-Bleckmann Oilfield Equipment AG		11,393		1,047,327
Semperit AG Holding		30,486		1,304,826
Wienerberger AG^(a)		14,481		169,529

Total Austria				4,625,858
Belgium – 0.9%
Cie Maritime Belge S.A.		22,940		544,692
Cofinimmo		9,418		1,156,368
EVS Broadcast Equipment S.A.		16,615		860,266
Exmar N.V.		40,693		350,615
Tessenderlo Chemie N.V.		29,858		995,240

Total Belgium				3,907,181
Denmark – 0.4%
D/S Norden		22,834		678,495

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			91

Schedule of Investments (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

March 31, 2012


Investments	Shares		Value

East Asiatic Co., Ltd. A/S^(a)		8,125	$	237,065
NKT Holding A/S^(a)		10,463		475,714
Royal UNIBREW A/S		4,722		327,955

Total Denmark				1,719,229
Finland – 1.9%
Alma Media Oyj^(a)		55,181		392,407
Amer Sports Oyj		56,030		730,855
Citycon Oyj		219,595		734,011
Huhtamaki Oyj		87,375		1,268,294
Orion Oyj Class A		41,606		821,681
Raisio PLC Class V^(a)		85,752		280,922
Ramirent Oyj^(a)		52,456		457,555
Stockmann Oyj Abp Class B		39,442		848,803
Tieto Oyj^(a)		69,297		1,300,265
Tikkurila Oyj^(a)		20,978		396,976
Uponor Oyj^(a)		60,602		697,280

Total Finland				7,929,049
France – 1.7%
Havas S.A.^(a)		194,281		1,128,037
IPSOS		24,622		881,535
LaCie S.A.		35,528		162,282
Plastic Omnium S.A.		20,290		587,014
Rallye S.A.		62,819		2,357,009
Rubis		4,243		247,742
Saft Groupe S.A.		10,560		341,725
Societe d’Edition de Canal+		69,908		442,208
Teleperformance S.A.		31,490		898,462

Total France				7,046,014
Germany – 2.9%
Bauer AG^(a)		7,596		233,063
Bechtle AG		20,505		912,037
Carl Zeiss Meditec AG		35,109		850,935
Comdirect Bank AG		107,775		1,244,783
Delticom AG		1,807		192,270
Douglas Holding AG^(a)		15,588		693,335
Drillisch AG		81,247		973,770
ElringKlinger AG		21,444		613,118
Freenet AG^(a)		37,017		597,955
Gerry Weber International AG		37,315		1,429,650
H&R AG		24,823		496,017
Indus Holding AG		39,754		1,225,570
Kontron AG		43,748		364,586
Pfeiffer Vacuum Technology AG		3,319		375,471
Praktiker AG^(a)		26,344		64,481
Solarworld AG^(a)		36,454		114,908
Vossloh AG		5,181		510,704
Wincor Nixdorf AG		15,878		780,029
Wirecard AG		38,770		737,018

Total Germany				12,409,700
Hong Kong – 1.8%
China Everbright International Ltd.^(a)		748,000		351,649
China Pharmaceutical Group Ltd.		564,000		129,304

China Power International Development Ltd.		2,776,000	$	607,831
China South City Holdings Ltd.^(a)		2,650,000		358,385
China Travel International Investment Hong Kong		1,604,000		328,485
Citic Telecom International Holdings Ltd.		1,984,000		398,640
CPMC Holdings Ltd.		553,282		330,658
Dah Chong Hong Holdings Ltd.		867,000		920,155
Dah Sing Banking Group Ltd.		391,200		386,968
Dah Sing Financial Holdings Ltd.		102,400		354,786
Guotai Junan International Holdings Ltd.		910,999		275,740
Shenzhen Investment Ltd.		3,698,000		804,948
Shougang Concord International Enterprises Co., Ltd.^(a)		3,406,000		199,605
Shun Tak Holdings Ltd.^(a)		1,438,000		581,571
Sinotruk Hong Kong Ltd.^(a)		1,412,000		818,393
Vitasoy International Holdings Ltd.		885,364		685,347
Welling Holding Ltd.		1,488,000		231,901

Total Hong Kong				7,764,366
Ireland – 0.7%
C&C Group PLC		144,701		743,815
FBD Holdings PLC		30,849		373,843
Glanbia PLC		118,379		876,508
Grafton Group PLC		82,493		342,750
Greencore Group PLC		357,187		435,156
Kingspan Group PLC		40,782		423,613

Total Ireland				3,195,685
Italy – 4.1%
Amplifon SpA		34,524		177,926
Ansaldo STS SpA		55,546		550,341
Astaldi SpA		70,015		557,103
Azimut Holding SpA		78,861		855,381
Banca Generali SpA		115,579		1,548,400
Banca Popolare di Milano SCRL		1,039,858		577,730
BasicNet SpA		77,302		223,386
Brembo SpA		58,456		668,696
Cairo Communications SpA		113,365		531,710
CIR-Compagnie Industriali Riunite SpA		139,679		197,357
Cofide SpA		238,968		164,368
Credito Artigiano SpA		165,332		263,106
Credito Emiliano SpA		90,406		427,397
Danieli & Co. Officine Meccaniche SpA RSP		32,044		475,377
De’Longhi SpA		54,293		670,239
ERG SpA		91,308		807,998
Esprinet SpA		55,984		290,313
Fiat SpA RSP		92,569		506,903
Geox SpA^(a)		231,686		755,914
Gruppo Editoriale L’Espresso SpA^(a)		235,560		332,517
Immobiliare Grande Distribuzione		399,113		484,993
IMMSI SpA		551,692		438,609
Indesit Co. SpA		64,526		401,633
Intesa Sanpaolo SpA RSP		557,449		858,904
Italcementi SpA^(a)		56,005		388,571
Italcementi SpA RSP		51,418		167,075
Maire Tecnimont SpA^(a)		144,946		122,571

See Notes to Financial Statements.


92		WisdomTree International Dividend and Sector Funds

Schedule of Investments (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

March 31, 2012


Investments	Shares		Value

MARR SpA		99,601	$	1,122,123
Piaggio & C. SpA		231,817		680,398
Recordati SpA		162,005		1,229,729
Societa Cattolica di Assicurazioni SCRL		37,056		748,601
Trevi Finanziaria Industriale SpA		25,408		150,299

Total Italy				17,375,668
Japan – 37.1%
77 Bank Ltd. (The)		131,000		581,019
Achilles Corp.		113,000		162,027
ADEKA Corp.		60,100		574,015
Aeon Delight Co., Ltd.		15,300		324,238
Ai Holdings Corp.		63,400		338,205
Aica Kogyo Co., Ltd.		73,900		1,066,811
Aichi Steel Corp.		120,000		622,638
Air Water, Inc.		75,000		973,328
Akebono Brake Industry Co., Ltd.^(a)		69,600		400,880
Akita Bank Ltd. (The)		162,000		533,471
Alfresa Holdings Corp.		22,900		1,094,981
Alpen Co., Ltd.		19,800		397,708
Alpine Electronics, Inc.		23,900		324,398
Alps Electric Co., Ltd.		66,400		587,389
Amano Corp.		79,500		742,882
Aomori Bank Ltd. (The)^(a)		107,000		332,851
Arcs Co., Ltd.		17,200		320,403
Arnest One Corp.		43,600		488,477
ASKUL Corp.^(a)		23,600		417,255
Atsugi Co., Ltd.		268,000		345,197
Avex Group Holdings, Inc.		46,700		567,471
Awa Bank Ltd. (The)		62,000		382,721
Axell Corp.^(a)		16,800		399,713
Azbil Corp.		42,400		942,852
Bank of Nagoya Ltd. (The)		138,000		498,038
Bank of Saga Ltd. (The)		166,000		476,043
Bank of the Ryukyus Ltd.		23,100		315,785
Bookoff Corp.		26,926		255,534
Canon Electronics, Inc.		22,800		586,242
Canon Marketing Japan, Inc.		59,500		767,112
Capcom Co., Ltd.		26,500		608,925
Casio Computer Co., Ltd.^(a)		110,700		794,990
Cawachi Ltd.		13,400		319,796
Central Glass Co., Ltd.		75,000		330,822
Century Tokyo Leasing Corp.		55,910		1,135,253
Chiyoda Co., Ltd.		57,800		1,165,903
Chukyo Bank Ltd. (The)		150,000		390,060
Circle K Sunkus Co., Ltd.		8,600		185,073
Citizen Holdings Co., Ltd.		102,700		653,925
Coca-Cola Central Japan Co., Ltd.		39,700		517,627
Coca-Cola West Co., Ltd.		51,600		909,795
COMSYS Holdings Corp.^(a)		76,700		835,084
Daifuku Co., Ltd.		31,500		183,729
Daihen Corp.		88,000		318,658
Daisan Bank Ltd. (The)		163,000		348,600
Daishi Bank Ltd. (The)		83,000		293,493

DCM Holdings Co., Ltd.		80,900	$	645,863
DIC Corp.^(a)		349,000		708,220
Disco Corp.^(a)		7,600		422,504
Doshisha Co., Ltd.		12,900		373,699
Doutor Nichires Holdings Co., Ltd.		18,200		240,838
Dowa Holdings Co., Ltd.^(a)		163,000		1,089,374
DTS Corp.		35,700		468,510
EDION Corp.^(a)		56,400		397,497
Ehime Bank Ltd. (The)		181,000		519,059
Exedy Corp.		10,800		309,584
Ezaki Glico Co., Ltd.		56,000		675,715
Fancl Corp.^(a)		44,700		605,089
Foster Electric Co., Ltd.^(a)		17,200		252,895
Fuji Electric Co., Ltd.^(a)		178,000		471,523
Fuji Oil Co., Ltd.		39,900		570,658
Fuji Seal International, Inc.		15,600		297,233
Fuji Soft, Inc.		16,100		310,086
Fujikura Ltd.		92,000		308,548
Fujitec Co., Ltd.		64,000		424,619
Fukuyama Transporting Co., Ltd.^(a)		157,000		858,497
Furukawa-Sky Aluminum Corp.		93,000		299,471
Goldcrest Co., Ltd.		22,220		408,246
Gunze Ltd.		185,000		544,018
Gurunavi, Inc.		30,955		335,147
H2O Retailing Corp.^(a)		82,000		716,423
Hakuhodo DY Holdings, Inc.^(a)		7,380		466,322
Hanwa Co., Ltd.		105,000		479,738
Heiwa Real Estate Co., Ltd.		269,500		736,831
Heiwado Co., Ltd.		30,400		412,253
Higo Bank Ltd. (The)		67,000		398,931
Hikari Tsushin, Inc.		7,300		215,731
Hitachi Capital Corp.		66,800		1,000,032
Hitachi Koki Co., Ltd.		51,500		473,729
Hitachi Kokusai Electric, Inc.		42,000		387,363
Hitachi Transport System Ltd.^(a)		40,900		747,974
Hitachi Zosen Corp.		266,500		349,742
Hodogaya Chemical Co., Ltd.		47,000		156,486
Hogy Medical Co., Ltd.		6,800		305,316
Hokkoku Bank Ltd. (The)		95,000		359,013
Hokuetsu Bank Ltd. (The)		296,000		636,636
Hokuetsu Kishu Paper Co., Ltd.^(a)		123,000		823,537
Hokuto Corp.		31,600		669,285
Hoshizaki Electric Co., Ltd.		19,700		467,275
House Foods Corp.		51,100		878,626
Hyakugo Bank Ltd. (The)		36,000		166,669
Hyakujushi Bank Ltd. (The)		175,000		818,701
Ichiyoshi Securities Co., Ltd.		30,800		217,821
Iino Kaiun Kaisha Ltd.		63,100		287,533
Inaba Denki Sangyo Co., Ltd.		26,400		796,860
Inabata & Co., Ltd.		57,000		397,570
Ines Corp.		44,900		360,095
IT Holdings Corp.		29,400		345,819
Ito En Ltd.		50,400		909,460
Itochu Enex Co., Ltd.		96,700		574,595

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			93

Schedule of Investments (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

March 31, 2012


Investments	Shares		Value

Itochu Techno-Solutions Corp.^(a)		21,400	$	963,449
Iwatani Corp.		164,000		550,021
Izumi Co., Ltd.		46,500		882,028
J Front Retailing Co., Ltd.		199,000		1,117,176
Jaccs Co., Ltd.		105,000		376,390
Jafco Co., Ltd.		16,900		412,155
Japan Aviation Electronics Industry Ltd.		41,000		357,215
Japan Vilene Co., Ltd.		75,000		349,049
Japan Wool Textile Co., Ltd. (The)		61,000		478,097
JFE Shoji Holdings, Inc.^(a)		123,000		645,677
J-Oil Mills, Inc.^(a)		131,000		378,857
Joshin Denki Co., Ltd.		28,000		278,316
Juroku Bank Ltd. (The)		196,000		678,778
Kaga Electronics Co., Ltd.		20,700		218,332
Kagome Co., Ltd.^(a)		22,100		435,045
Kagoshima Bank Ltd. (The)		84,000		538,939
Kaken Pharmaceutical Co., Ltd.		87,000		1,102,631
Kandenko Co., Ltd.		60,000		293,092
Kappa Create Co., Ltd.^*^(a)		14,550		314,709
Kasumi Co., Ltd.		64,700		436,339
Keihin Corp.^(a)		8,400		156,374
Keisei Electric Railway Co., Ltd.^(a)		76,000		591,044
Keiyo Bank Ltd. (The)		104,000		501,707
Keiyo Co., Ltd.^(a)		55,800		351,907
Kewpie Corp.		75,600		1,119,830
Kikkoman Corp.^(a)		67,000		779,136
Kinki Sharyo Co., Ltd.		84,000		321,526
Kiyo Holdings, Inc.		431,800		645,378
Kobayashi Pharmaceutical Co., Ltd.^(a)		8,300		417,547
Komeri Co., Ltd.^(a)		22,200		636,367
Komori Corp.		49,300		427,133
Kose Corp.		25,800		587,824
K’s Holdings Corp.		9,900		320,958
Kurabo Industries Ltd.		275,000		538,004
Kureha Corp.		31,000		149,924
Kuroda Electric Co., Ltd.		31,600		349,810
KYB Co., Ltd.^(a)		28,000		171,140
Kyokuyo Co., Ltd.^(a)		65,000		156,389
KYORIN Holdings, Inc.		56,000		1,066,310
Kyoritsu Maintenance Co., Ltd.		18,400		389,039
Kyudenko Corp.		67,000		395,674
Lintec Corp.		8,400		171,276
Lion Corp.		163,000		938,842
Maeda Corp.		108,000		477,696
Maeda Road Construction Co., Ltd.		53,000		662,701
Mars Engineering Corp.		26,900		599,812
Maruha Nichiro Holdings, Inc.		250,000		440,488
Marui Group Co., Ltd.		122,600		1,027,936
Matsuda Sangyo Co., Ltd.		23,800		392,738
Matsumotokiyoshi Holdings Co., Ltd.^(a)		27,000		588,918
Max Co., Ltd.		35,000		442,736
Medipal Holdings Corp.		100,300		1,306,539
Meitec Corp.		13,900		281,902
Michinoku Bank Ltd. (The)		200,000		410,718

Mikuni Coca-Cola Bottling Co., Ltd.		33,800	$	290,377
Mimasu Semiconductor Industry Co., Ltd.		28,000		268,109
Minebea Co., Ltd.		118,000		517,626
Miraca Holdings, Inc.		13,300		522,012
Mitsubishi Logistics Corp.		49,000		581,724
Mitsui Engineering & Shipbuilding Co., Ltd.^(a)		326,000		570,436
Mitsui Home Co., Ltd.		73,000		398,287
Mitsui Mining & Smelting Co., Ltd.		155,000		438,848
Mitsui-Soko Co., Ltd.		102,000		437,524
Mitsumi Electric Co., Ltd.^*		22,300		193,206
Miura Co., Ltd.		30,500		794,975
Miyazaki Bank Ltd. (The)		140,000		399,781
Mochida Pharmaceutical Co., Ltd.		75,000		889,483
Monex Group, Inc.^(a)		1,628		358,063
Morinaga & Co., Ltd.		159,000		370,958
Morinaga Milk Industry Co., Ltd.		134,000		529,194
Moshi Moshi Hotline, Inc.		67,100		674,302
Musashino Bank Ltd. (The)		19,000		657,537
Nagoya Railroad Co., Ltd.^(a)		142,000		393,414
NEC Fielding Ltd.		24,500		321,228
NEC Networks & System Integration Corp.		28,600		410,781
Nichii Gakkan Co.		32,600		438,919
Nichirei Corp.		170,000		801,507
Nidec Copal Corp.		30,500		400,267
Nidec Sankyo Corp.		74,000		448,703
Nifco, Inc.		15,900		437,035
Nihon Dempa Kogyo Co., Ltd.^(a)		19,400		293,964
Nihon Kohden Corp.		15,000		403,913
Nihon Nohyaku Co., Ltd.		61,000		273,516
Nihon Unisys Ltd.		66,800		470,794
Nippo Corp.		47,000		524,856
Nippon Carbon Co., Ltd.		108,000		305,778
Nippon Denko Co., Ltd.		45,000		221,459
Nippon Kayaku Co., Ltd.		97,000		999,526
Nippon Konpo Unyu Soko Co., Ltd.		45,000		556,109
Nippon Paint Co., Ltd.		66,000		502,849
Nippon Sharyo Ltd.^(a)		78,000		324,151
Nippon Shinyaku Co., Ltd.		24,000		297,758
Nippon Signal Co., Ltd. (The)		46,000		288,985
Nippon Soda Co., Ltd.		72,000		331,588
Nippon Steel Trading Co., Ltd.		100,000		326,873
Nippon Suisan Kaisha Ltd.^(a)		182,600		625,715
Nipro Corp.^(a)		66,000		494,830
Nishimatsu Construction Co., Ltd.		210,000		495,048
Nishi-Nippon City Bank Ltd. (The)		268,000		762,039
Nishi-Nippon Railroad Co., Ltd.		188,000		888,657
Nissan Chemical Industries Ltd.^(a)		74,200		700,570
Nissan Shatai Co., Ltd.		49,000		515,633
Nisshin Oillio Group Ltd. (The)		104,000		432,201
Nisshin Steel Co., Ltd.		234,000		395,237
Nisshinbo Holdings, Inc.		64,000		608,931
Nissin Corp.		107,000		284,744
Nissin Kogyo Co., Ltd.^(a)		21,900		359,522
Nitto Boseki Co., Ltd.^(a)		142,000		559,062

See Notes to Financial Statements.


94		WisdomTree International Dividend and Sector Funds

Schedule of Investments (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

March 31, 2012


Investments	Shares		Value

NOF Corp.		130,000	$	636,612
NS Solutions Corp.		29,400		569,459
NS United Kaiun Kaisha Ltd.^*(a)		137,000		223,076
Ogaki Kyoritsu Bank Ltd. (The)		23,000		83,286
Oita Bank Ltd. (The)		120,000		384,957
Okinawa Electric Power Co., Inc. (The)		9,000		374,020
Onward Holdings Co., Ltd.		113,000		926,849
Otsuka Corp.		13,300		1,087,660
Paltac Corp.		26,836		387,401
PanaHome Corp.		90,000		617,899
Parco Co., Ltd.		43,200		417,853
Park24 Co., Ltd.		115,100		1,559,469
Pigeon Corp.		9,900		371,122
Plenus Co., Ltd.		44,900		816,760
Point, Inc.		4,930		183,014
Pola Orbis Holdings, Inc.		16,216		486,707
Raito Kogyo Co., Ltd.		26,300		155,317
Rengo Co., Ltd.		117,000		814,642
Resorttrust, Inc.^(a)		42,500		693,572
Round One Corp.^(a)		53,500		354,955
Ryobi Ltd.		75,000		286,166
Ryoden Trading Co., Ltd.		52,000		315,305
Ryohin Keikaku Co., Ltd.		15,500		806,124
Ryosan Co., Ltd.		6,900		139,518
San-Ai Oil Co., Ltd.		63,000		329,182
San-In Godo Bank Ltd. (The)		69,000		549,183
Sanken Electric Co., Ltd.^*		51,622		246,521
Sanki Engineering Co., Ltd.		83,000		450,829
Sankyu, Inc.		168,000		661,425
Sanshin Electronics Co., Ltd.		29,300		248,157
Sanyo Chemical Industries Ltd.		89,000		596,974
Sanyo Shokai Ltd.		84,000		228,641
Sanyo Special Steel Co., Ltd.^(a)		54,000		294,623
Sapporo Hokuyo Holdings, Inc.		77,700		287,970
Sapporo Holdings Ltd.		142,000		528,003
Sasebo Heavy Industries Co., Ltd.^(a)		217,000		363,886
SBI Holdings, Inc.		5,524		524,241
Scroll Corp.		96,608		388,569
SCSK Corp.^(a)		28,900		460,742
Seino Holdings Corp.		76,000		552,257
Sekisui Plastics Co., Ltd.		76,000		279,823
Senko Co., Ltd.		106,000		427,632
Senshu Ikeda Holdings, Inc.		471,100		658,321
Shiga Bank Ltd. (The)		82,000		493,226
Shikoku Bank Ltd. (The)		132,000		497,236
Shimachu Co., Ltd.		16,000		379,124
Shinko Electric Industries Co., Ltd.^(a)		61,900		607,755
Shinko Plantech Co., Ltd.		35,700		305,833
Shinmaywa Industries Ltd.		142,000		710,906
Sinanen Co., Ltd.		111,000		488,268
SMK Corp.		84,000		292,946
Sotetsu Holdings, Inc.^(a)		196,000		616,854
Square Enix Holdings Co., Ltd.^(a)		48,100		1,015,831
Star Micronics Co., Ltd.		30,100		299,921

Sumitomo Bakelite Co., Ltd.^(a)		145,000	$	768,212
Sumitomo Osaka Cement Co., Ltd.		179,000		524,200
Sumitomo Warehouse Co., Ltd. (The)		111,000		575,940
Sundrug Co., Ltd.		12,900		401,288
Suruga Bank Ltd.		85,000		872,775
Suzuken Co., Ltd.		49,200		1,525,711
Taiheiyo Cement Corp.^(a)		206,000		460,587
Taiyo Holdings Co., Ltd.^(a)		31,600		852,445
Taiyo Yuden Co., Ltd.^(a)		23,000		246,503
Takaoka Electric Manufacturing Co., Ltd.^(a)		52,000		161,760
Takara Holdings, Inc.		25,000		171,031
Takara Standard Co., Ltd.		75,000		557,750
Takashimaya Co., Ltd.		112,000		934,978
Tamron Co., Ltd.		12,300		398,915
Tochigi Bank Ltd. (The)		87,000		325,609
Toda Corp.		45,000		152,014
Toei Co., Ltd.		91,000		472,167
Toho Bank Ltd. (The)		93,000		319,813
Toho Holdings Co., Ltd.		40,600		725,220
Tohoku Bank Ltd. (The)		225,051		410,203
Tokai Carbon Co., Ltd.		74,000		396,549
Tokai Rika Co., Ltd.		30,800		531,080
Tokai Rubber Industries Ltd.		31,000		394,021
Tokai Tokyo Financial Holdings, Inc.		106,580		400,185
Tokuyama Corp.^(a)		89,000		277,939
Tokyo Energy & Systems, Inc.		66,000		391,372
TOMONY Holdings, Inc.		111,049		542,459
Toppan Forms Co., Ltd.		54,200		499,882
Toshiba Plant Systems & Services Corp.		40,000		462,726
Toshiba TEC Corp.		140,000		557,993
Touei Housing Corp.		25,400		269,756
Toyo Corp.		24,600		269,032
Toyo Ink SC Holdings Co., Ltd.		193,000		799,721
Toyo Tire & Rubber Co., Ltd.		124,000		348,065
Toyobo Co., Ltd.		166,000		238,022
TS Tech Co., Ltd.		22,400		441,767
Tsukuba Bank Ltd.		92,700		326,666
Tsumura & Co.^(a)		20,200		586,891
Uchida Yoko Co., Ltd.		109,000		348,344
Ulvac, Inc.^*(a)		10,400		114,875
Union Tool Co.		11,500		215,481
UNY Co., Ltd.		82,100		893,877
Valor Co., Ltd.		43,200		723,893
Wacoal Holdings Corp.^(a)		36,000		429,139
Xebio Co., Ltd.		20,700		555,136
Yamagata Bank Ltd. (The)		74,000		353,387
Yamaha Corp.		38,900		405,568
Yamato Kogyo Co., Ltd.		12,800		375,624
Yodogawa Steel Works Ltd.		90,000		394,799
Yokohama Rubber Co., Ltd. (The)		141,000		1,021,156

Total Japan				157,214,046
Netherlands – 1.6%
Arcadis N.V.		41,359		863,069

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			95

Schedule of Investments (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

March 31, 2012


Investments	Shares		Value

ASM International N.V.		10,037	$	385,617
Beter Bed Holding N.V.		15,719		353,767
BinckBank N.V.		73,559		797,186
CSM		30,459		546,171
Exact Holding N.V.		34,993		824,823
Koninklijke BAM Groep N.V.		47,205		221,780
Koninklijke Wessanen N.V.		49,924		174,121
Mediq N.V.		31,901		500,869
Sligro Food Group N.V.		27,735		899,729
TKH Group N.V.		36,151		980,418
USG People N.V.		21,196		212,547

Total Netherlands				6,760,097
New Zealand – 2.6%
Air New Zealand Ltd.		1,210,588		843,214
DNZ Property Fund Ltd.		149,880		167,034
Fisher & Paykel Healthcare Corp., Ltd.		377,851		693,571
Freightways Ltd.		299,708		970,103
Infratil Ltd.		103,911		160,933
Kathmandu Holdings Ltd.		176,771		236,232
Nuplex Industries Ltd.		132,487		279,016
Ryman Healthcare Ltd.		322,004		815,346
Sky Network Television Ltd.		301,634		1,280,361
SKYCITY Entertainment Group Ltd.		599,454		1,935,417
Tower Ltd.		544,549		745,205
Vector Ltd.		1,169,957		2,483,088
Warehouse Group Ltd. (The)		251,237		574,394

Total New Zealand				11,183,914
Norway – 2.1%
ABG Sundal Collier Holding ASA		881,320		763,268
Aker ASA Class A		64,424		2,106,412
Atea ASA		105,800		1,275,191
Austevoll Seafood ASA		144,401		551,878
Leroey Seafood Group ASA		19,607		323,114
Sparebank 1 Nord Norge		40,694		226,155
SpareBank 1 SMN^(a)		71,903		461,365
SpareBank 1 SR Bank ASA^(a)		74,755		537,330
Tomra Systems ASA		122,274		996,790
Veidekke ASA		188,826		1,602,226

Total Norway				8,843,729
Portugal – 0.8%
Mota–Engil, SGPS, S.A.		2,270		3,679
REN – Redes Energeticas Nacionais S.A.		72,491		219,137
Semapa-Sociedade de Investimento e Gestao, SGPS, S.A.^*(a)		59,891		440,816
Sonae^(a)		1,709,621		1,015,409
Sonaecom – SGPS S.A.^(a)		307,467		497,486
Zon Multimedia Servicos de Telecomunicacoes e Multimedia, SGPS, S.A.^(a)		309,732		1,051,799

Total Portugal				3,228,326
Singapore – 3.6%
Baker Technology Ltd.		1,120,323		271,761
China Aviation Oil Singapore Corp., Ltd.		509,000		473,639

Chip Eng Seng Corp., Ltd.		1,057,000	$	437,142
Cityspring Infrastructure Trust		1,695,649		519,207
CSE Global Ltd.		283,000		185,688
First Resources Ltd.^(a)		463,000		703,328
Goodpack Ltd.		127,000		178,781
Hi-P International Ltd.		814,000		637,682
Ho Bee Investment Ltd.		158,000		177,182
Hong Leong Asia Ltd.		274,000		423,852
Hyflux Ltd.^(a)		382,500		454,796
K-Green Trust^(a)		480,000		377,938
M1 Ltd.		798,000		1,612,057
Midas Holdings Ltd.		422,000		127,538
Otto Marine Ltd.		1,692,274		170,930
Raffles Medical Group Ltd.		91,000		167,909
Rotary Engineering Ltd.		604,000		341,066
Sabana Shari’ah Compliant Industrial Real Estate Investment Trust		685,951		521,003
SC Global Developments Ltd.		424,000		360,822
Singapore Post Ltd.		1,695,000		1,375,035
STX OSV Holdings Ltd.		349,855		491,108
Super Group Ltd.		123,000		176,574
Tat Hong Holdings Ltd.		486,000		359,470
United Engineers Ltd.		326,000		653,374
UOB-Kay Hian Holdings Ltd.		862,000		1,158,611
Venture Corp., Ltd.		273,000		1,849,891
Wing Tai Holdings Ltd.		774,000		787,943
Yongnam Holdings Ltd.		1,141,943		231,595

Total Singapore				15,225,922
Spain – 1.4%
Almirall S.A.		148,116		1,288,017
Antena 3 de Television S.A.^(a)		262,841		1,568,113
Caja de Ahorros del Mediterraneo^(a)		46,484		82,950
Duro Felguera S.A.		202,889		1,315,812
Gamesa Corp. Tecnologica S.A.^(a)		71,879		227,912
Grupo Empresarial Ence S.A.		156,442		388,542
Melia Hotels International S.A.		24,600		167,075
Viscofan S.A.		20,329		908,270

Total Spain				5,946,691
Sweden – 4.7%
AarhusKarlshamn AB^(a)		21,892		689,553
Atrium Ljungberg AB Class B		20,943		248,399
Axfood AB		35,920		1,287,314
Axis Communications AB		49,423		1,333,271
Bilia AB Class A		36,142		712,180
Billerud AB		72,930		673,207
Fabege AB^(a)		194,765		1,674,568
Hoganas AB Class B		18,824		685,118
Holmen AB Class B		34,584		947,036
Husqvarna AB Class A^(a)		73,813		440,741
Intrum Justitia AB		82,119		1,361,358
Investment AB Oresund^*		35,440		568,826
JM AB		42,149		778,143
Kungsleden AB		109,431		758,638

See Notes to Financial Statements.


96		WisdomTree International Dividend and Sector Funds

Schedule of Investments (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

March 31, 2012


Investments	Shares		Value

Lindab International AB		25,334	$	201,592
Loomis AB Class B		58,842		838,022
Mekonomen AB		32,517		1,041,371
MQ Holding AB		88,418		338,462
NCC AB Class B		77,720		1,633,967
New Wave Group AB Class B		41,737		215,121
Nibe Industrier AB Class B		20,432		325,632
Nolato AB Class B		20,136		213,185
SkiStar AB		32,926		400,698
SSAB AB Class B^(a)		26,286		214,516
Svenska Cellulosa AB Class A^(a)		54,439		938,582
Wihlborgs Fastigheter AB		113,257		1,595,926

Total Sweden				20,115,426
Switzerland – 0.3%
EFG International AG^*		41,057		399,736
Kudelski S.A.		14,091		100,712
Mobilezone Holding AG		86,807		984,424

Total Switzerland				1,484,872
United Kingdom – 13.3%
Ashtead Group PLC		193,520		798,964
BBA Aviation PLC		355,807		1,216,570
Bellway PLC		26,030		340,202
Bodycote PLC		125,611		775,084
Booker Group PLC		444,185		598,274
Brewin Dolphin Holdings PLC		319,228		902,783
Britvic PLC		142,348		874,949
Cable & Wireless Communications PLC		4,838,934		2,496,472
Cable & Wireless Worldwide PLC		3,512,168		1,907,933
Chemring Group PLC		51,519		335,432
Chesnara PLC		171,014		510,954
Cineworld Group PLC		243,063		843,699
Close Brothers Group PLC		138,933		1,742,545
Computacenter PLC		117,377		827,048
Cranswick PLC		30,065		386,693
De La Rue PLC		79,221		1,139,178
Debenhams PLC		337,421		435,605
Domino Printing Sciences PLC		78,638		701,093
Domino’s Pizza UK & IRL PLC		23,669		163,219
DS Smith PLC		278,333		796,470
Dunelm Group PLC		98,973		820,716
Electrocomponents PLC		249,574		988,120
Elementis PLC		291,787		860,610
Euromoney Institutional Investor PLC		58,306		708,004
F&C Asset Management PLC		147,618		157,788
Fenner PLC		59,344		411,031
Fidessa Group PLC		21,704		573,914
Filtrona PLC		137,655		1,044,707
Game Group PLC^(a)^†		614,597		—
Greene King PLC		188,485		1,544,910
Halfords Group PLC		180,792		897,201
Hill & Smith Holdings PLC		90,300		483,327
Hunting PLC		87,455		1,323,954
Interserve PLC		215,109		1,001,170

ITE Group PLC		241,927	$	858,117
JD Wetherspoon PLC		60,770		399,450
Jupiter Fund Management PLC		104,654		416,188
Kcom Group PLC		198,814		233,477
Kesa Electricals PLC		415,730		464,963
Kier Group PLC		47,685		863,980
Ladbrokes PLC		671,339		1,717,284
Laird PLC		202,794		697,279
London & Stamford Property PLC		465,106		820,408
Marston’s PLC		439,331		688,604
Mears Group PLC		69,812		284,990
Micro Focus International PLC		67,281		508,467
Mitie Group PLC		39,851		177,963
Moneysupermarket.com Group PLC		494,358		1,002,333
Morgan Crucible Co. PLC		191,622		985,848
Morgan Sindall Group PLC		83,371		903,137
Mothercare PLC		82,904		219,883
N. Brown Group PLC		220,759		818,305
National Express Group PLC		171,835		661,390
Phoenix IT Group Ltd.		63,998		199,137
Premier Farnell PLC		293,837		1,007,500
Promethean World PLC		235,205		279,031
Provident Financial PLC		155,850		2,853,648
Renishaw PLC^(a)		13,796		293,166
Rightmove PLC		26,354		611,395
RPC Group PLC		128,214		753,863
RPS Group PLC		135,663		513,928
RSM Tenon Group PLC		695,695		94,370
Savills PLC		148,834		897,693
Shanks Group PLC		164,740		259,923
Smiths News PLC		329,036		466,574
Sportingbet PLC		501,996		302,779
St. Modwen Properties PLC		10,365		30,596
Sthree PLC		125,651		673,546
Synergy Health PLC		43,488		589,910
TalkTalk Telecom Group PLC		130,459		284,522
Telecom Plus PLC		71,695		792,691
Tullett Prebon PLC		172,849		966,593
Ultra Electronics Holdings PLC		26,836		749,923
Victrex PLC		31,712		684,016
WH Smith PLC		116,245		1,012,231
Wilmington Group PLC		164,223		257,796
WS Atkins PLC		19,298		226,317
WSP Group PLC		54,419		220,413

Total United Kingdom				56,352,246
TOTAL COMMON STOCKS (Cost: $381,677,298)				420,278,987
EXCHANGE-TRADED FUNDS – 0.1%
United States – 0.1%
WisdomTree Europe SmallCap Dividend Fund^(a)(c)		3,286		126,577
WisdomTree Japan SmallCap Dividend Fund^(c)		2,317		105,609

TOTAL EXCHANGE-TRADED FUNDS (Cost: $197,706)				232,186

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			97

Schedule of Investments (concluded)

WisdomTree International SmallCap Dividend Fund (DLS)

March 31, 2012


Investments	Shares		Value

INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 12.7%
MONEY MARKET FUND – 12.7%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(d) (Cost: $53,904,019)^(e)		53,904,019	$	53,904,019
TOTAL INVESTMENTS IN SECURITIES – 111.8% (Cost: $435,779,023)				474,415,192
Liabilities in Excess of Foreign Currency and Other Assets – (11.8)%				(50,150,849	)

NET ASSETS – 100.0%			$	424,264,343

RSP – Risparmio Italian Savings Shares

^*	Non-income producing security.

^†	Security is being fair valued by a valuation committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $0, which represents 0.0% of net assets.

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Stapled Security – A security contractually bound to one or more other securities to form a single saleable unit which cannot be sold separately.

^(c)	Affiliated company (See Note 7).

^(d)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(e)	At March 31, 2012, the total market value of the Fund’s securities on loan was $49,974,592 and the total market value of the collateral held by the Fund was $53,904,019.

See Notes to Financial Statements.


98		WisdomTree International Dividend and Sector Funds

Schedule of Investments

WisdomTree Emerging Markets Equity Income Fund (DEM)

March 31, 2012


Investments	Shares		Value

COMMON STOCKS – 99.5%
Argentina – 1.6%
Banco Macro S.A. ADR		310,057	$	6,080,218
BBVA Banco Frances S.A. ADR		1,238,716		7,469,457
IRSA Inversiones y Representaciones S.A. ADR		205,974		2,082,397
Telecom Argentina S.A. ADR		219,593		3,891,188
YPF S.A. ADR		1,325,439		37,655,722

Total Argentina				57,178,982
Brazil – 21.1%
AES Tiete S.A.		1,185,492		16,154,871
Banco do Brasil S.A.		6,718,632		95,496,425
Banco Santander Brasil S.A.		9,663,700		88,993,126
BM&F Bovespa S.A.		4,997,100		30,651,510
CCR S.A.		4,420,700		35,791,119
Cia de Bebidas das Americas		3,612,400		124,749,877
Cia de Saneamento de Minas Gerais-COPASA		459,000		10,813,912
Cia Energetica de Minas Gerais		1,137,505		23,295,065
Cia Siderurgica Nacional S.A.		3,947,000		37,126,854
Cielo S.A.		2,076,766		70,136,246
CPFL Energia S.A.		2,905,180		43,666,083
EDP – Energias do Brasil S.A.		436,700		9,900,736
Equatorial Energia S.A.		1,273,000		9,420,325
Eternit S.A.		242,200		1,218,767
Helbor Empreendimentos S.A.		325,744		4,892,499
JHSF Participacoes S.A.		2,739,683		8,980,598
Light S.A.		1,275,939		17,939,941
Natura Cosmeticos S.A.		678,500		14,672,381
Paranapanema S.A.		1,933,082		3,380,218
Redecard S.A.		2,920,000		56,741,764
Souza Cruz S.A.		3,785,100		57,680,085
Sul America S.A.		630,717		5,846,311

Total Brazil				767,548,713
Chile – 5.2%
AES Gener S.A.		18,699,926		11,475,851
Aguas Andinas S.A. Class A		15,341,615		9,176,998
Banco de Chile		225,458,682		35,628,153
Banco Santander Chile		446,252,505		37,060,487
Cia General de Electricidad S.A.		608,796		3,190,333
Corpbanca		821,621,668		11,081,752
Empresa Nacional de Electricidad S.A.		14,216,508		25,614,178
Enersis S.A.		60,075,430		24,380,914
ENTEL Chile S.A.		824,944		16,686,801
Inversiones Aguas Metropolitanas S.A.		2,444,319		4,131,032
Quinenco S.A.		3,397,986		10,705,239

Total Chile				189,131,738
China – 2.8%
Bank of China Ltd. Class H		184,624,000		74,429,820
Beijing Capital Land Ltd. Class H		5,916,000		1,668,732
Great Wall Technology Co., Ltd. Class H		970,000		224,884
Guangzhou R&F Properties Co., Ltd. Class H^(a)		7,405,200		8,822,527

Huaneng Power International, Inc. Class H^(a)		17,502,000	$	9,512,937
Jiangsu Expressway Co., Ltd. Class H		1,265,646		1,224,240
Weiqiao Textile Co., Ltd. Class H		3,057,500		1,575,219
Xiamen International Port Co., Ltd. Class H		3,630,000		481,569
Xinjiang Xinxin Mining Industry Co., Ltd. Class H		9,509,000		2,669,966
Zhejiang Expressway Co., Ltd. Class H		4,172,724		3,117,182

Total China				103,727,076
Czech Republic – 3.3%
CEZ AS^(a)		1,460,486		62,483,488
Komercni Banka AS^(a)		97,004		19,235,420
Telefonica Czech Republic AS^(a)		1,777,258		37,137,104

Total Czech Republic				118,856,012
Hungary – 0.3%
Magyar Telekom Telecommunications PLC		4,749,496		12,394,835
Indonesia – 1.8%
Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT		48,078,494		5,836,300
Perusahaan Gas Negara Persero Tbk PT		46,131,000		19,170,801
Telekomunikasi Indonesia Persero Tbk PT		32,800,500		25,109,744
Vale Indonesia Tbk PT		42,341,000		15,627,830

Total Indonesia				65,744,675
Israel – 3.3%
Amot Investments Ltd.		1,823,239		4,758,713
Bank Leumi Le-Israel BM		4,697,394		14,796,538
Bezeq The Israeli Telecommunication Corp., Ltd.		15,724,090		25,825,164
British Israel Investments Ltd.		1,294,879		4,843,573
Cellcom Israel Ltd.		870,707		11,031,773
Clal Industries and Investments Ltd.		522,235		1,928,101
Clal Insurance Enterprise Holdings, Ltd.		176,601		2,609,961
Delek Automotive Systems Ltd.		13,158		106,705
Delek Group Ltd.		41,326		8,086,878
Discount Investment Corp.		792,531		4,340,967
First International Bank of Israel Ltd.^*		811,628		8,777,315
Harel Insurance Investments & Financial Services Ltd.		129,965		4,475,871
Ituran Location and Control Ltd.		12,765		171,577
Jerusalem Economy Ltd.^*		891,962		6,215,830
Mizrahi Tefahot Bank Ltd.		625,214		5,635,019
Osem Investments Ltd.		118,413		1,823,458
Partner Communications Co., Ltd.		585,600		4,518,343
Phoenix Holdings Ltd. (The)		1,085,442		2,617,297
Shikun & Binui Ltd.		1,111,378		1,928,726
Shufersal Ltd.		1,841,616		6,704,913

Total Israel				121,196,722
Malaysia – 9.1%
Batu Kawan Bhd		440,100		2,683,554
Berjaya Sports Toto Bhd		2,542,000		3,626,094
Boustead Holdings Bhd		3,655,097		6,478,595
British American Tobacco Malaysia Bhd		603,150		11,147,496
DiGi.Com Bhd		28,683,200		38,013,316

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			99

Schedule of Investments (continued)

WisdomTree Emerging Markets Equity Income Fund (DEM)

March 31, 2012


Investments	Shares		Value

Lafarge Malayan Cement Bhd		2,844,627	$	6,685,593
Malayan Banking Bhd		29,104,600		84,268,909
Maxis Bhd		18,743,800		37,261,218
MISC Bhd		12,336,717		21,665,264
OSK Holdings Bhd		1,660,200		921,280
Petronas Dagangan Bhd		2,485,600		15,367,150
Petronas Gas Bhd		5,612,372		30,851,100
Pharmaniaga Bhd^†^*		33,599		55,605
Public Bank Bhd		8,015,376		35,687,850
Sunway Bhd^*		1,373,630		1,179,255
Telekom Malaysia Bhd		13,355,355		23,192,587
UMW Holdings Bhd		3,337,800		7,953,628
YTL Power International Bhd		10,097,237		6,097,564

Total Malaysia				333,136,058
Mexico – 2.1%
Bolsa Mexicana de Valores S.A.B de C.V.		1,327,500		2,681,839
Grupo Aeroportuario del Centro Norte S.A.B de C.V.		812,237		1,647,870
Grupo Aeroportuario del Pacifico S.A.B de C.V. Class B		1,720,600		6,351,600
Grupo Aeroportuario del Sureste S.A.B de C.V. Class B		1,027,616		7,037,411
Industrias Penoles S.A.B de C.V.		861,895		41,741,406
Kimberly-Clark de Mexico S.A.B de C.V. Class A		7,064,414		15,666,836

Total Mexico				75,126,962
Philippines – 2.4%
Aboitiz Equity Ventures, Inc.		15,445,600		18,023,164
Aboitiz Power Corp.		16,945,000		13,379,189
Globe Telecom, Inc.		661,345		17,467,456
Philippine Long Distance Telephone Co.		463,675		29,158,554
Semirara Mining Corp.		1,443,830		8,232,202

Total Philippines				86,260,565
Poland – 2.4%
Bank Handlowy w Warszawie S.A.		161,431		3,964,863
Bank Pekao S.A.		492,449		24,474,027
Powszechna Kasa Oszczednosci Bank Polski S.A.		2,534,110		27,300,916
Telekomunikacja Polska S.A.		5,787,123		31,711,534

Total Poland				87,451,340
Russia – 1.5%
Mobile Telesystems OJSC ADR		2,899,769		53,181,764
South Africa – 9.4%
African Bank Investments Ltd.		3,203,501		16,638,311
Allied Technologies Ltd.		265,289		1,849,354
Astral Foods Ltd.		187,145		3,048,143
Aveng Ltd.		564,405		2,874,773
AVI Ltd.		742,705		4,489,395
City Lodge Hotels Ltd.		411,345		4,247,688
Coronation Fund Managers Ltd.		985,341		3,659,136
FirstRand Ltd.		13,004,335		40,159,063
Grindrod Ltd.		567,388		1,115,621

Group Five Ltd.		1,535,292	$	5,843,454
Imperial Holdings Ltd.		765,041		15,451,245
Kumba Iron Ore Ltd.^(a)		1,200,150		82,263,964
Lewis Group Ltd.		571,472		5,674,100
Life Healthcare Group Holdings Ltd.		1,632,186		5,316,879
MMI Holdings Ltd.^(a)		3,179,801		7,337,795
Pick’n Pay Holdings Ltd.		356,336		877,543
Pick’n Pay Stores Ltd.		1,356,704		7,689,913
Pretoria Portland Cement Co., Ltd.^(a)		1,011,025		4,320,986
Raubex Group Ltd.^(a)		126,336		214,002
Reunert Ltd.		485,001		4,423,721
Sanlam Ltd.		4,498,976		19,450,785
Santam Ltd.		316,532		6,640,344
Spar Group Ltd. (The)		386,559		5,830,206
Standard Bank Group Ltd.		2,779,475		40,331,008
Vodacom Group Ltd.		2,969,835		41,851,008
Woolworths Holdings Ltd.		1,634,083		10,252,210

Total South Africa				341,850,647
South Korea – 3.8%
Bukwang Pharmaceutical Co., Ltd.		280,958		3,310,348
Daishin Securities Co., Ltd.^*		873,950		8,561,710
Hansol Paper Co., Ltd.		805,900		5,775,480
Hite Jinro Co., Ltd.		83,760		1,903,552
Kangwon Land, Inc.		633,040		14,051,415
Korea Exchange Bank		3,508,540		26,816,077
KT Corp. ADR		1,228,982		16,824,764
KT&G Corp.		303,130		21,509,776
LG Uplus Corp.		1,003,120		6,020,225
Meritz Fire & Marine Insurance Co., Ltd.^*		684,780		7,796,357
SK Telecom Co., Ltd. ADR		1,706,282		23,734,383
SK Telecom Co., Ltd.		17,716		2,181,176
Woongjin Thinkbig Co., Ltd.		7,420		83,496

Total South Korea				138,568,759
Taiwan – 21.3%
Ability Enterprise Co., Ltd.		2,089,000		2,087,974
AcBel Polytech, Inc.		1,163,416		677,997
Accton Technology Corp.		1,134,989		686,427
Acer, Inc.		9,450,000		12,535,110
Advantech Co., Ltd.		1,384,160		4,807,007
Alpha Networks, Inc.		3,467,000		2,948,439
Altek Corp.		1,153,312		1,062,870
AmTRAN Technology Co., Ltd.		4,263,306		3,358,412
Asia Cement Corp.		10,023,804		12,209,448
Asia Vital Components Co., Ltd.		1,350,206		914,944
ASROCK, Inc.		603,660		2,454,360
Asustek Computer, Inc.		1,894,120		17,872,992
AV Tech Corp.		513,000		1,746,819
Avermedia Technologies, Inc.		187,460		176,570
Chang Wah Electromaterials, Inc.		190,695		567,927
Chicony Electronics Co., Ltd.		2,668,510		5,243,984
China Development Financial Holding Corp.		39,683,501		12,100,883
China Synthetic Rubber Corp.		5,076,000		5,004,713
Chinese Maritime Transport Ltd.		458,000		682,783

See Notes to Financial Statements.


100		WisdomTree International Dividend and Sector Funds

Schedule of Investments (continued)

WisdomTree Emerging Markets Equity Income Fund (DEM)

March 31, 2012


Investments	Shares		Value

Chung Hsin Electric & Machinery Manufacturing Corp.		1,257,000	$	721,888
Chunghwa Telecom Co., Ltd.		21,107,248		65,006,991
Compal Electronics, Inc.		12,014,000		13,514,198
Coxon Precise Industrial Co., Ltd.		715,686		1,105,737
CTCI Corp.		2,478,992		4,103,026
Cyberlink Corp.		98,433		305,493
CyberTAN Technology, Inc.		1,858,000		1,850,792
Delta Electronics, Inc.		4,344,000		12,731,234
Depo Auto Parts Industries Co., Ltd.		1,885,163		3,992,027
D-Link Corp.		1,784,000		1,326,765
Eternal Chemical Co., Ltd.		2,298,775		2,001,678
Everlight Electronics Co., Ltd.		756,000		1,588,101
Far EasTone Telecommunications Co., Ltd.		12,484,595		25,591,421
Faraday Technology Corp.		169,134		268,189
Farglory Land Development Co., Ltd.		2,354,000		4,737,590
Feng Hsin Iron & Steel Co.		1,347,922		2,370,264
Formosa Chemicals & Fibre Corp.		10,129,000		29,582,741
Formosa Petrochemical Corp.		15,741,000		49,066,459
Formosa Plastics Corp.		9,152,000		26,946,376
Formosan Rubber Group, Inc.		3,225,000		2,261,854
FSP Technology, Inc.		143,897		135,050
Fubon Financial Holding Co., Ltd.		16,953,798		19,099,554
Gemtek Technology Corp.		168,993		150,874
Getac Technology Corp.		2,407,000		2,267,177
Giant Manufacturing Co., Ltd.		184,000		807,332
Gigabyte Technology Co., Ltd.		848,000		712,545
Global Mixed Mode Technology, Inc.		120,000		461,468
Grape King Industrial Co.		975,803		1,582,008
Greatek Electronics, Inc.		609,700		515,408
Holtek Semiconductor, Inc.		798,454		959,027
Holy Stone Enterprise Co., Ltd.		1,117,000		1,105,097
Huaku Development Co., Ltd.		1,846,601		4,686,185
Hung Poo Real Estate Development Corp.		1,128,790		1,200,901
Infortrend Technology, Inc.		1,758,000		1,536,750
Inventec Corp.		13,672,210		5,998,920
I-Sheng Electric Wire & Cable Co., Ltd.		1,356,000		2,228,261
ITE Technology, Inc.		467,000		439,872
Kindom Construction Co., Ltd.		2,393,000		1,654,007
LCY Chemical Corp.		779,386		1,241,124
Lealea Enterprise Co., Ltd.		1,880,000		796,219
LITE-ON IT Corp.		703,000		741,956
Lite-On Technology Corp.		5,819,352		7,038,942
Macronix International		14,871,000		5,542,394
Makalot Industrial Co., Ltd.		150,000		446,730
MediaTek, Inc.		4,421,000		42,315,896
Mega Financial Holding Co., Ltd.		19,558,540		13,816,787
Merida Industry Co., Ltd.		1,140,646		3,663,733
Merry Electronics Co., Ltd.		468,000		778,560
Nan Ya Printed Circuit Board Corp.		1,908,046		4,176,245
Neo Solar Power Corp.		1,895,678		1,483,683
Novatek Microelectronics Corp.		1,765,415		5,377,384
Oriental Union Chemical Corp.		1,859,155		2,403,116
Pou Chen Corp.		16,406,000		14,257,870

President Securities Corp.		2,726,360	$	1,473,359
Quanta Computer, Inc.		12,227,990		32,025,737
Realtek Semiconductor Corp.		1,127,430		2,058,936
Shih Wei Navigation Co., Ltd.		1,746,127		1,650,610
Shin Zu Shing Co., Ltd.		1,874,000		4,990,645
Silicon Integrated Systems Corp.		1,354,359		536,889
Siliconware Precision Industries Co.		9,470,000		11,486,761
Silitech Technology Corp.		2,432,940		5,588,891
Sincere Navigation Corp.		636,000		630,300
Sonix Technology Co., Ltd.		470,011		777,128
Syncmold Enterprise Corp.		551,000		769,154
Taiwan Cement Corp.		8,747,364		10,239,761
Taiwan Cogeneration Corp.		2,640,510		2,191,889
Taiwan Mobile Co., Ltd.		11,424,000		34,797,052
Taiwan Navigation Co., Ltd.		672,000		743,391
Taiwan Secom Co., Ltd.		1,492,635		3,095,064
Taiwan Semiconductor Manufacturing Co., Ltd.		51,904,000		149,304,566
Ton Yi Industrial Corp.		7,570,767		4,001,557
Transcend Information, Inc.		215,000		620,644
Tsann Kuen Enterprise Co., Ltd.		558,257		1,333,484
TSRC Corp.		2,397,644		6,133,328
U-Ming Marine Transport Corp.		3,292,000		5,677,304
Wistron Corp.		4,895,484		7,381,085
Young Fast Optoelectronics Co., Ltd.		771,241		1,897,105
Zinwell Corp.		132,000		159,664

Total Taiwan				775,397,862
Thailand – 4.2%
Advanced Info Service PCL		11,508,090		68,638,203
Bangchak Petroleum PCL		7,428,303		5,706,670
Bangkok Expressway PCL		877,700		614,532
BEC World PCL		4,374,569		7,231,864
Delta Electronics Thailand PCL		3,074,563		2,591,204
Dynasty Ceramic PCL		547,826		1,158,692
Electricity Generating PCL		418,700		1,262,207
Glow Energy PCL		4,145,000		8,263,128
Hana Microelectronics PCL		2,271,815		1,612,731
Kiatnakin Bank PCL		998,478		1,197,526
Land and Houses PCL NVDR		32,875,247		7,352,973
LPN Development PCL		2,168,800		1,089,673
LPN Development PCL NVDR		302,078		151,773
Major Cineplex Group PCL		1,953,100		1,139,572
Maybank Kim Eng Securities Thailand PCL		7,340,814		3,616,868
MCOT PCL		1,889,100		1,745,198
Precious Shipping PCL		1,251,500		645,019
Quality Houses PCL		31,486,500		1,837,138
Ratchaburi Electricity Generating Holding PCL		4,642,296		6,207,284
STP & I PCL		4,688,781		4,749,576
Supalai PCL		9,126,508		4,615,025
Thai Plastic & Chemical PCL		3,433,700		3,283,441
Thai Tap Water Supply PCL		7,990,355		1,554,040
Thai Vegetable Oil PCL		2,066,742		1,339,865
Thanachart Capital PCL		1,970,474		2,139,737

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			101

Schedule of Investments (concluded)

WisdomTree Emerging Markets Equity Income Fund (DEM)

March 31, 2012


Investments	Shares		Value

Tisco Financial Group PCL		172,317	$	231,804
Tisco Financial Group PCL-Foreign		285,482		384,036
Total Access Communication PCL		2,564,600		6,816,765
Total Access Communication PCL NVDR		2,977,990		7,915,565

Total Thailand				155,092,109
Turkey – 3.9%
Arcelik A.S.^*		1,815,618		8,106,074
Bagfas Bandirma Gubre Fabrik		16,341		1,603,946
Cimsa Cimento Sanayi VE Tica		11,934		60,242
Eregli Demir ve Celik Fabrikalari TAS^(a)		10,108,593		19,900,814
Ford Otomotiv Sanayi A.S.		1,828,959		17,234,007
Hurriyet Gazetecilik A.S.^*		3,156,669		2,089,219
Pinar SUT Mamulleri Sanayii A.S.		116,546		1,215,859
Tofas Turk Otomobil Fabrikasi A.S.^(a)		1,037,866		4,435,773
Tupras Turkiye Petrol Rafinerileri A.S.		788,914		20,133,259
Turk Telekomunikasyon A.S.		15,100,418		65,554,566
Turk Traktor ve Ziraat Makineleri A.S.^(a)		49,676		1,014,194

Total Turkey				141,347,953
TOTAL COMMON STOCKS (Cost: $3,428,291,726)				3,623,192,772
EXCHANGE-TRADED FUND – 0.1%
United States – 0.1%
WisdomTree Global Equity Income Fund^(b) (Cost: $2,163,775)		51,250		2,136,100
SHORT-TERM INVESTMENT – 0.0%
MONEY MARKET FUND – 0.0%
Invesco Treasury Fund Private Class, 0.02%^(c) (Cost: $1,678,631)		1,678,631		1,678,631
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.5%
MONEY MARKET FUND – 2.5%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(c)
(Cost: $90,237,031)^(d)		90,237,031		90,237,031
TOTAL INVESTMENTS IN SECURITIES – 102.1% (Cost: $3,522,371,163)				3,717,244,534
Liabilities in Excess of Foreign Currency and Other Assets – (2.1)%				(76,353,761	)

NET ASSETS – 100.0%			$	3,640,890,773

ADR – American Depositary Receipt

NVDR – Non-Voting Depositary Receipt

^*	Non-income producing security.

^†	Security is being fair valued by a valuation committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $55,605, which represents 0.0% of net assets.

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Affiliated company (See Note 7).

^(c)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(d)	At March 31, 2012, the total market value of the Fund’s securities on loan was $84,663,628 and the total market value of the collateral held by the Fund was $90,237,031.

See Notes to Financial Statements.


102		WisdomTree International Dividend and Sector Funds

Schedule of Investments

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

March 31, 2012


Investments	Shares			Value

COMMON STOCKS – 98.8%
Argentina – 1.7%
Banco Macro S.A. ADR		282,849		$	5,546,669
BBVA Banco Frances S.A. ADR		1,017,966			6,138,335
Telecom Argentina S.A. ADR		324,983			5,758,699

Total Argentina					17,443,703
Brazil – 6.2%
Aliansce Shopping Centers S.A.		284,657			2,702,549
BR Properties S.A.		216,813			2,771,517
Brookfield Incorporacoes S.A.		950,772			3,048,850
Cia de Saneamento de Minas Gerais-COPASA^*		445,987			10,507,330
Equatorial Energia S.A.		580,123			4,292,967
Estacio Participacoes S.A.		167,435			1,817,252
Eternit S.A.		86,660			436,079
Even Construtora e Incorporadora S.A.		604,843			2,304,259
Fleury S.A.^*		71,104			940,882
Gafisa S.A.		1,010,600			2,393,133
Helbor Empreendimentos S.A.		41,171			618,366
Iochpe-Maxion S.A.		144,848			2,858,372
JHSF Participacoes S.A.		2,077,321			6,809,395
JSL S.A.		102,011			610,623
Lojas Americanas S.A.		273,529			2,404,980
LPS Brasil Consultoria de Imoveis S.A.		57,882			1,189,178
Mills Estruturas e Servicos de Engenharia S.A.		17,995			228,846
Paranapanema S.A.		887,362			1,551,655
Positivo Informatica S.A.		123,300			479,872
Raia Drogasil S.A.		335,659			3,225,403
Rossi Residencial S.A.		501,276			2,670,834
Santos Brasil Participacoes S.A.		123,893			2,167,771
Sao Martinho S.A.		63,782			814,625
SLC Agricola S.A.		116,853			1,245,202
Tegma Gestao Logistica		145,960			2,440,267
TPI – Triunfo Participacoes e Investimentos S.A.		36,338			177,278
Valid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao S.A.		210,929			3,174,977

Total Brazil					63,882,462
Chile – 3.2%
Cia General de Electricidad S.A.		245,179			1,284,835
Cia Sud Americana de Vapores S.A.		5,483,825			719,082
Empresas Iansa S.A.		9,977,214			827,773
Empresas La Polar S.A.		1,075,014			700,042
Forus S.A.		359,407			1,398,164
Inversiones Aguas Metropolitanas S.A.		3,553,728			6,005,993
Norte Grande S.A.		228,727,102			3,022,206
Parque Arauco S.A.		2,296,454			4,657,358
Sigdo Koppers S.A.		1,694,469			3,905,106
Socovesa S.A.		1,770,976			950,519
Sonda S.A.		1,594,892			4,753,801
Vina Concha y Toro S.A.		1,790,033			4,107,010

Total Chile					32,331,889

China – 4.2%
Anhui Expressway Co. Class H^*		2,940,721		$	1,621,108
BBMG Corp. Class H		456,540			383,978
Beijing Capital Land Ltd. Class H		5,714,948			1,612,022
China Railway Construction Corp., Ltd. Class H		4,765,500			2,964,627
China Railway Group Ltd. Class H^(a)		5,641,000			1,809,131
Chongqing Machinery & Electric Co., Ltd. Class H		3,767,305			703,580
CSR Corp., Ltd. Class H		1,108,352			756,603
Datang International Power Generation Co., Ltd. Class H		8,806,000			3,107,733
Dongfang Electric Corp., Ltd. Class H^(a)		259,800			629,757
Great Wall Technology Co., Ltd. Class H		1,164,000			269,861
Guangshen Railway Co., Ltd. Class H^(a)		9,527,964			3,706,138
Harbin Electric Co., Ltd. Class H		442,174			463,588
Huaneng Power International, Inc. Class H		7,644,000			4,154,776
Jiangsu Expressway Co., Ltd. Class H		2,469,062			2,388,286
Lingbao Gold Co., Ltd. Class H		566,000			274,835
Maanshan Iron & Steel Class H^(a)		513,917			149,595
Metallurgical Corp. of China Ltd. Class H		9,408,000	��		2,108,439
Shandong Chenming Paper Holdings Ltd. Class H		601,500			283,551
Shanghai Electric Group Co., Ltd. Class H		7,490,000			3,810,600
Shanghai Prime Machinery Co., Ltd. Class H		9,482,000			1,563,235
Shenzhen Expressway Co., Ltd. Class H		1,621,970			668,509
Sinopec Shanghai Petrochemical Co., Ltd. Class H		4,674,941			1,691,987
Sinopec Yizheng Chemical Fibre Co., Ltd. Class H		2,826,000			698,856
Sinotrans Ltd. Class H		914,000			170,698
Tong Ren Tang Technologies Co., Ltd. Class H		406,944			539,866
Travelsky Technology Ltd. Class H		2,123,204			1,113,014
Weichai Power Co., Ltd. Class H^(a)		185,798			867,488
Weiqiao Textile Co., Ltd. Class H		3,829,500			1,972,952
Xiamen International Port Co., Ltd. Class H		7,860,000			1,042,736
Xinjiang Xinxin Mining Industry Co., Ltd. Class H^(a)		696,054			195,440
ZTE Corp. Class H^(a)		411,684			1,108,217

Total China					42,831,206
Indonesia – 2.0%
AKR Corporindo Tbk PT		5,764,841			2,710,938
Aneka Tambang Persero Tbk PT		8,096,825			1,593,863
Bakrie Sumatera Plantations Tbk PT		12,793,500			412,739
Bank Bukopin Tbk PT		23,843,347			1,720,977
Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT		15,576,584			1,890,858
Bank Tabungan Negara Persero Tbk PT		5,490,935			720,595
Bumi Serpong Damai PT		2,230,500			314,670
Global Mediacom Tbk PT		7,684,438			1,344,609
Holcim Indonesia Tbk PT		3,210,479			904,088
Medco Energi Internasional Tbk PT		2,999,000			705,145
Perusahaan Perkebunan London Sumatra Indonesia Tbk PT		7,254,010			2,280,761

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			103

Schedule of Investments (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

March 31, 2012


Investments	Shares		Value

Sampoerna Agro PT		3,644,181	$	1,424,754
Summarecon Agung Tbk PT		13,831,022		2,374,749
Timah Persero Tbk PT		10,052,662		2,044,833

Total Indonesia				20,443,579
Israel – 6.9%
Amot Investments Ltd.		464,267		1,211,752
British Israel Investments Ltd.		450,032		1,683,372
Clal Industries and Investments Ltd.		1,056,914		3,902,145
Clal Insurance Enterprise Holdings, Ltd.		35,634		526,630
Delek Automotive Systems Ltd.		571,404		4,633,797
Discount Investment Corp.		711,556		3,897,439
Elbit Systems Ltd.		65,551		2,543,902
First International Bank of Israel Ltd.^*		273,150		2,953,968
Gazit-Globe Ltd.		561,826		5,759,171
Harel Insurance Investments & Financial Services Ltd.		4,885		168,235
Ituran Location and Control Ltd.		47,127		633,444
Jerusalem Economy Ltd.^*		175,158		1,220,626
Migdal Insurance & Financial Holding Ltd.		3,074,139		4,733,909
Mizrahi Tefahot Bank Ltd.		734,047		6,615,925
Ormat Industries Ltd.		491,502		2,544,994
Osem Investments Ltd.		222,358		3,424,121
Partner Communications Co., Ltd.		1,093,419		8,436,547
Phoenix Holdings Ltd. (The)		718,800		1,733,223
Rami Levi Chain Stores Hashikma Marketing 2006 Ltd.		27,465		948,091
Shikun & Binui Ltd.		2,464,841		4,277,576
Shufersal Ltd.		1,353,268		4,926,946
Strauss Group Ltd.^*		341,098		4,156,097

Total Israel				70,931,910
Malaysia – 7.7%
Aeon Co. M Bhd		859,613		2,665,684
Affin Holdings Bhd		1,645,200		1,627,209
Alliance Financial Group Bhd		4,652,332		5,907,482
Batu Kawan Bhd		223,800		1,364,643
Berjaya Corp. Bhd		780,000		241,880
Berjaya Sports Toto Bhd		3,994,538		5,698,100
Boustead Holdings Bhd		3,128,830		5,545,796
Coastal Contracts Bhd		302,849		196,726
Dayang Enterprise Holdings Bhd		314,206		210,257
Dialog Group Bhd		2,986,181		2,115,232
DRB-Hicom Bhd		2,118,000		1,742,242
Eastern & Oriental Bhd		1,345,100		658,609
Fraser & Neave Holdings Bhd		78,300		482,554
Gamuda Bhd		3,293,683		3,913,500
Genting Plantations Bhd		569,300		1,763,557
HAP Seng Consolidated Bhd		1,681,419		927,566
Hartalega Holdings Bhd		316,596		821,589
IGB Corp. Bhd		4,163,371		3,764,497
IJM Land Bhd		1,709,954		1,216,811
KFC Holdings Malaysia Bhd		1,440,800		1,768,372
KNM Group Bhd^*		1,117,500		304,590
KPJ Healthcare Bhd		1,255,829		2,111,154

Kulim Malaysia Bhd		2,527,839	$	3,449,116
Lafarge Malayan Cement Bhd		2,220,100		5,217,797
Mah Sing Group Bhd		1,796,365		1,213,800
Malaysia Airports Holdings Bhd		1,688,100		3,223,563
Media Prima Bhd		1,585,600		1,387,109
Mudajaya Group Bhd		735,079		686,250
OSK Holdings Bhd		2,906,700		1,612,988
Parkson Holdings Bhd		2,460,178		4,312,439
Pharmaniaga Bhd^*^†		44,559		73,744
POS Malaysia Bhd		1,874,500		1,670,437
QSR Brands Bhd		454,394		949,281
SapuraCrest Petroleum Bhd		1,507,640		2,401,594
Sunway Bhd^*		2,366,707		2,031,807
Supermax Corp. Bhd		2,024,682		1,242,501
TAN Chong Motor Holdings Bhd		316,900		464,462
Top Glove Corp. Bhd		444,500		652,930
Unisem M Bhd		1,897,300		910,407
Wah Seong Corp. Bhd		1,156,151		781,209
WCT Bhd		1,543,400		1,229,279

Total Malaysia				78,558,763
Mexico – 1.9%
Alsea S.A.B de C.V.		840,415		1,200,546
Bolsa Mexicana de Valores S.A.B de C.V.		1,688,561		3,411,261
Grupo Aeroportuario del Centro Norte S.A.B de C.V.^(a)		1,261,888		2,560,124
Grupo Aeroportuario del Pacifico S.A.B de C.V. Class B		985,874		3,639,357
Grupo Aeroportuario del Sureste S.A.B de C.V. Class B		858,432		5,878,790
Grupo Herdez S.A.B de C.V.^(a)		655,263		1,355,487
TV Azteca S.A.B de C.V.		1,802,500		1,129,860

Total Mexico				19,175,425
Philippines – 3.2%
Alliance Global Group, Inc.		1,370,543		402,209
Cebu Air, Inc.		1,597,312		2,496,323
First Philippine Holdings Corp.		1,079,200		1,630,048
International Container Terminal Services, Inc.		806,928		1,231,019
Jollibee Foods Corp.		754,683		2,056,549
Manila Water Co., Inc.		7,801,527		4,215,568
Megaworld Corp.		13,110,000		598,477
Metro Pacific Investments Corp.		19,003,667		1,832,425
Philex Mining Corp.		1,759,217		866,599
Philweb Corp.		2,081,453		808,633
Robinsons Land Corp.		5,348,800		2,055,554
Security Bank Corp.		661,847		2,204,358
Semirara Mining Corp.		664,450		3,788,456
Universal Robina Corp.		4,481,713		6,576,172
Vista Land & Lifescapes, Inc.		28,210,797		2,529,674

Total Philippines				33,292,064
Poland – 0.4%
Agora S.A.		72,596		295,616
Asseco Poland S.A.		100,614		1,608,185

See Notes to Financial Statements.


104		WisdomTree International Dividend and Sector Funds

Schedule of Investments (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

March 31, 2012


Investments	Shares		Value

Eurocash S.A.		85,455	$	958,999
PBG S.A.		19,985		250,037
Polimex-Mostostal S.A.		1,448,683		636,365

Total Poland				3,749,202
Russia – 0.1%
Novorossiysk Commercial Sea Port PJSC, Reg S GDR^(a)		103,946		785,832
South Africa – 10.5%
Adcock Ingram Holdings Ltd.^*		201,014		1,537,487
Aeci Ltd.		313,801		3,843,521
African Oxygen Ltd.^(a)		169,481		417,378
Allied Technologies Ltd.		233,228		1,625,854
Astral Foods Ltd.		177,232		2,886,684
Aveng Ltd.		1,167,897		5,948,635
AVI Ltd.		959,106		5,797,464
Barloworld Ltd.		301,286		3,924,996
Blue Label Telecoms Ltd.		3,401,459		3,044,872
Capitec Bank Holdings Ltd.		24,023		641,694
Cipla Medpro South Africa Ltd.		1,533,331		1,318,642
City Lodge Hotels Ltd.		105,142		1,085,732
Coronation Fund Managers Ltd.		1,645,234		6,109,696
Grindrod Ltd.		616,762		1,212,702
Group Five Ltd.		187,394		713,238
Investec Ltd.		743,523		4,568,938
JD Group Ltd.		195,231		1,259,218
JSE Ltd.		345,835		3,577,969
Lewis Group Ltd.		370,223		3,675,915
Life Healthcare Group Holdings Ltd.^(a)		2,794,247		9,102,315
Mondi Ltd.		271,634		2,548,377
Mr. Price Group Ltd.		487,253		5,989,595
Nampak Ltd.		1,015,496		3,069,823
Northam Platinum Ltd.		33,822		150,368
Pick’n Pay Holdings Ltd.		543,992		1,339,681
Pretoria Portland Cement Co., Ltd.		2,716,510		11,610,000
Reunert Ltd.		813,969		7,424,257
Santam Ltd.		240,639		5,048,228
Spar Group Ltd. (The)		389,579		5,875,754
Sun International Ltd.		48,689		529,742
Tongaat Hulett Ltd.		40,409		547,541
Wilson Bayly Holmes-Ovcon Ltd.		54,625		925,299

Total South Africa				107,351,615
South Korea – 8.8%
AUK Corp.^*		228,560		641,473
Bukwang Pharmaceutical Co., Ltd.		116,645		1,374,353
Capro Corp.		18,350		399,212
Cheil Worldwide, Inc.		199,681		3,189,821
Chong Kun Dang Pharm Corp.		24,115		393,740
CJ Corp.		24,892		1,871,761
CJ O Shopping Co., Ltd.		1,112		255,170
Daeduck Electronics Co.		132,567		1,310,402
Daewoong Pharmaceutical Co., Ltd.		345		8,160
Daishin Securities Co., Ltd.^*		328,559		3,218,750
Daou Technology, Inc.		100,940		1,171,494

Daum Communications Corp.		2,828	$	297,264
Dongkuk Steel Mill Co., Ltd.		108,681		2,076,646
Green Cross Corp.		7,336		819,032
Green Cross Holdings Corp.		50,812		582,989
GS Home Shopping, Inc.		1,850		183,522
Halla Climate Control Corp.		197,700		3,847,390
Halla Engineering & Construction Corp.		20,929		242,899
Hana Tour Service, Inc.		11,023		437,301
Handsome Co., Ltd.		64,938		1,908,508
Hanjin Heavy Industries & Construction Holdings Co., Ltd.		2,112		15,415
Hanjin Shipping Co., Ltd.^*		145,180		2,011,673
Hanjin Shipping Holdings Co., Ltd.^*		81,700		575,408
Hansol Paper Co., Ltd.		264,350		1,894,464
Hanssem Co., Ltd.		64,888		1,268,496
Hite Jinro Co., Ltd.		17,103		388,687
Hotel Shilla Co., Ltd.		48,708		2,074,190
Huchems Fine Chemical Corp.		71,061		1,335,863
Hyosung Corp.		24,396		1,291,876
Hyundai Development Co.		46,288		1,015,186
Hyundai Elevator Co., Ltd.		2,830		288,482
Hyundai Home Shopping Network Corp.		4,380		518,000
Hyundai Marine & Fire Insurance Co., Ltd.^*		113,593		3,268,286
iMarketKorea, Inc.		60,028		1,033,093
ISU Chemical Co., Ltd.		30,298		739,367
Jeonbuk Bank		184,739		829,903
KEPCO Engineering & Construction Co., Inc.		40,761		2,939,123
KISCO Corp.		5,730		138,566
Kolon Corp.		22,970		525,063
Kolon Industries, Inc.		11,858		783,870
Korea Gas Corp.		56,828		2,164,184
Korea Investment Holdings Co., Ltd.^*		50,520		2,008,672
Korean Reinsurance Co.^*		202,555		2,440,206
KP Chemical Corp.		104,303		1,422,251
LG Fashion Corp.		41,271		1,455,167
LG Innotek Co., Ltd.^*		14,338		1,247,718
LG International Corp.		43,075		1,954,067
LIG Insurance Co., Ltd.^*		121,752		2,804,578
Lock & Lock Co., Ltd.		24,341		719,671
LS Industrial Systems Co., Ltd.		15,002		869,892
Meritz Fire & Marine Insurance Co., Ltd.^*		192,680		2,193,700
Mirae Asset Securities Co., Ltd.^*		81,785		2,861,988
OCI Materials Co., Ltd.		3,878		235,476
Orion Corp.		1,085		762,244
Partron Co., Ltd.		64,846		755,454
Poongsan Corp.		35,698		949,909
S&T Dynamics Co., Ltd.		16,950		230,378
S1 Corp.		45,376		2,114,516
Samsung Fine Chemicals Co., Ltd.		23,204		1,116,118
Samyang Holdings Corp.		6,252		409,425
Seoul Semiconductor Co., Ltd.		61,057		1,279,823
Silicon Works Co., Ltd.		29,766		891,890
SK Chemicals Co., Ltd.		19,224		1,085,862
SK Networks Co., Ltd.		183,044		1,688,195

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			105

Schedule of Investments (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

March 31, 2012


Investments	Shares		Value

SKC Co., Ltd.		36,333	$	1,494,301
STX Corp. Co., Ltd.		13,960		168,794
STX Engine Co., Ltd.		26,186		394,044
STX Offshore & Shipbuilding Co., Ltd.		69,288		871,413
STX Pan Ocean Co., Ltd.		40,420		281,465
Sungwoo Hitech Co., Ltd.		75,929		847,714
Taeyoung Engineering & Construction Co., Ltd.		86,474		431,206
Tong Yang Life Insurance^*		118,126		1,496,058
Woongjin Thinkbig Co., Ltd.		27,950		314,516
Woori Investment & Securities Co., Ltd.^*		163,257		1,880,326
Youngone Corp.		65,598		1,250,533

Total South Korea				90,256,652
Taiwan – 26.0%
Ability Enterprise Co., Ltd.		3,829,162		3,827,281
AcBel Polytech, Inc.		396,119		230,844
Accton Technology Corp.		2,096,228		1,267,772
ACES Electronic Co., Ltd.		157,677		306,117
Advantech Co., Ltd.		1,431,620		4,971,829
ALI Corp.		1,162,000		1,881,909
Alpha Networks, Inc.		2,983,606		2,537,346
Altek Corp.		965,071		889,391
AmTRAN Technology Co., Ltd.		4,232,965		3,334,511
Apex Biotechnology Corp.		368,194		986,774
Asia Vital Components Co., Ltd.		1,492,420		1,011,313
ASROCK, Inc.		596,146		2,423,809
Aurora Corp.		829,000		1,466,188
AV Tech Corp.		383,036		1,304,278
Avermedia Technologies, Inc.		64,021		60,302
BES Engineering Corp.		806,987		229,673
Bright Led Electronics Corp.		578,000		464,131
Capital Securities Corp.		692,550		268,671
Cathay Real Estate Development Co., Ltd.		4,791,000		2,223,880
Champion Building Materials Co., Ltd.		420,102		214,930
Chang Wah Electromaterials, Inc.		120,609		359,197
Cheng Uei Precision Industry Co., Ltd.		1,122,242		2,684,453
Chicony Electronics Co., Ltd.		1,219,401		2,396,289
China Chemical & Pharmaceutical Co., Ltd.		1,082,867		759,469
China Electric Manufacturing Corp.		409,101		279,299
China Life Insurance Co., Ltd.		1,542,210		1,502,263
China Motor Corp.		628,000		613,861
China Steel Chemical Corp.		838,232		3,976,096
China Synthetic Rubber Corp.		842,544		830,711
Chinese Maritime Transport Ltd.		1,075,000		1,602,602
Chroma ATE, Inc.		624,160		1,590,297
Chun Yuan Steel		2,939,919		1,279,980
Chung Hsin Electric & Machinery Manufacturing Corp.		1,171,531		672,803
Clevo Co.		434,000		712,440
Compal Communications, Inc.		1,130,231		1,960,658
Coxon Precise Industrial Co., Ltd.		707,184		1,092,602
CSBC Corp.		1,678,797		1,370,818
CTCI Corp.		2,385,032		3,947,511
Cyberlink Corp.		92,201		286,151

CyberPower Systems, Inc.		65,611	$	124,044
CyberTAN Technology, Inc.		1,046,000		1,041,942
Darfon Electronics Corp.		776,059		583,730
Depo Auto Parts Industries Co., Ltd.		479,157		1,014,664
D-Link Corp.		1,696,163		1,261,440
Edison Opto Corp.		133,278		277,263
Elan Microelectronics Corp.		1,037,000		1,335,140
Elite Material Co., Ltd.		818,900		758,844
Elite Semiconductor Memory Technology, Inc.		125,282		117,155
Entire Technology Co., Ltd.		483,326		802,418
Eternal Chemical Co., Ltd.		3,299,629		2,873,180
Evergreen International Storage & Transport Corp.		2,275,567		1,195,049
Everlight Chemical Industrial Corp.		1,046,402		712,622
Everlight Electronics Co., Ltd.		407,970		857,007
Excelsior Medical Co., Ltd.		109,859		232,266
Far Eastern Department Stores Co., Ltd.		781,565		999,647
Far Eastern International Bank		2,248,056		898,781
Faraday Technology Corp.		76,998		122,093
Farglory Land Development Co., Ltd.		4,636,816		9,331,917
Feng Hsin Iron & Steel Co.		1,399,950		2,461,753
First Insurance Co., Ltd.		1,390,704		603,128
First Steamship Co., Ltd.		214,977		319,394
Flytech Technology Co., Ltd.		385,135		944,748
Forhouse Corp.		1,200,000		780,633
Formosa Advanced Technologies Co., Ltd.		158,000		167,558
Formosa Epitaxy, Inc.		734,541		684,405
Formosa International Hotels Corp.		50,437		713,461
Formosan Rubber Group, Inc.		976,080		684,574
Fortune Electric Co., Ltd.		622,000		315,062
Gemtek Technology Corp.		22,267		19,880
GeoVision, Inc.		150,260		707,657
Getac Technology Corp.		1,313,000		1,236,728
Giant Manufacturing Co., Ltd.		370,464		1,625,475
Gigabyte Technology Co., Ltd.		4,484,221		3,767,934
Global Brands Manufacture Ltd.		2,671,234		1,461,669
Global Mixed Mode Technology, Inc.		3,000		11,537
Global Unichip Corp.		54,927		206,573
Goldsun Development & Construction Co., Ltd.		2,744,572		1,120,537
Grand Pacific Petrochemical		235,406		109,270
Grape King Industrial Co.		632,321		1,025,142
Great China Metal Industry		621,694		837,295
Great Wall Enterprise Co., Ltd.		1,250,257		1,279,295
Greatek Electronics, Inc.		4,184,436		3,537,301
Green Energy Technology, Inc.		378,577		455,352
Hey Song Corp.		773,730		975,207
Holtek Semiconductor, Inc.		413,482		496,635
Holy Stone Enterprise Co., Ltd.		2,044,636		2,022,849
HUA ENG Wire & Cable Co., Ltd.		2,688,000		755,002
Huaku Development Co., Ltd.		1,638,560		4,158,232
Huang Hsiang Construction Co.		182,287		353,278
Hung Poo Real Estate Development Corp.		3,786,745		4,028,657
Infortrend Technology, Inc.		1,322,000		1,155,622
Inventec Corp.		8,820,501		3,870,148

See Notes to Financial Statements.


106		WisdomTree International Dividend and Sector Funds

Schedule of Investments (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

March 31, 2012


Investments	Shares		Value

I-Sheng Electric Wire & Cable Co., Ltd.		242,000	$	397,669
ITE Technology, Inc.		3,000		2,826
ITEQ Corp.		373,498		435,323
Jentech Precision Industrial Co., Ltd.		93,162		306,179
KEE TAI Properties Co., Ltd.		1,070,360		592,942
Kenda Rubber Industrial Co., Ltd.		1,600,521		1,868,165
Kerry TJ Logistics Co., Ltd.		325,107		366,805
Kindom Construction Co., Ltd.		1,912,045		1,321,578
King Slide Works Co., Ltd.		31,518		189,549
Kinsus Interconnect Technology Corp.		616,368		1,975,585
L&K Engineering Co., Ltd.		355,000		410,154
LCY Chemical Corp.		1,401,565		2,231,905
Lealea Enterprise Co., Ltd.		3,018,331		1,278,325
Lien Hwa Industrial Corp.		550,328		358,936
Lingsen Precision Industries Ltd.		369,409		235,930
LITE-ON IT Corp.		2,658,054		2,805,346
Lotes Co., Ltd.		210,048		578,594
Macronix International		11,581,722		4,316,487
Makalot Industrial Co., Ltd.		1,295,128		3,857,147
Mercuries & Associates Ltd.		474,498		497,576
Merida Industry Co., Ltd.		1,174,555		3,772,648
Merry Electronics Co., Ltd.		449,203		747,289
Micro-Star International Co., Ltd.		142,396		69,716
MIN AIK Technology Co., Ltd.		192,819		469,725
Mitac International Corp.		753,000		298,501
Nan Ya Printed Circuit Board Corp.		1,738,000		3,804,056
Nantex Industry Co., Ltd.		235,488		215,425
National Petroleum Co., Ltd.		1,837,250		2,247,191
Neo Solar Power Corp.		1,705,658		1,334,961
Nien Hsing Textile Co., Ltd.		2,864,954		2,038,457
Novatek Microelectronics Corp.		1,596,417		4,862,623
Nuvoton Technology Corp.		1,000,767		1,163,032
Oriental Union Chemical Corp.		2,130,698		2,754,108
Orise Technology Co., Ltd.		121,929		150,994
Pan-International Industrial		597,820		575,246
Phihong Technology Co., Ltd.		686,363		975,552
Powertech Technology, Inc.		1,210,779		2,358,834
President Securities Corp.		3,712,540		2,006,302
Radiant Opto-Electronics Corp.		464,600		2,062,125
Radium Life Tech Co., Ltd.		3,012,879		2,439,743
Realtek Semiconductor Corp.		762,334		1,392,190
Richtek Technology Corp.		76,872		474,028
Ruentex Industries Ltd.		577,058		1,130,087
San Chih Semiconductor Co.		139,218		166,744
SDI Corp.		309,290		299,183
Senao International Co., Ltd.		351,240		1,642,282
Sesoda Corp.		150,901		174,857
Shih Wei Navigation Co., Ltd.		1,724,536		1,630,201
Shihlin Electric & Engineering Corp.		1,224,543		1,346,336
Shin Zu Shing Co., Ltd.		366,000		974,694
Shinkong Synthetic Fibers Corp.		2,269,220		776,538
Shiny Chemical Industrial Co., Ltd.		290,280		378,654
Sigurd Microelectronics Corp.		1,009,222		832,627
Silicon Integrated Systems Corp.		3,348,597		1,327,435

Silitech Technology Corp.		224,518	$	515,757
Sincere Navigation Corp.		1,854,000		1,837,385
Sitronix Technology Corp.		279,000		378,119
Sonix Technology Co., Ltd.		886,302		1,465,433
Springsoft, Inc.		151,000		234,574
Standard Foods Corp.		306,961		1,045,235
Star Comgistic Capital Co., Ltd.		952,919		598,914
Sunonwealth Electric Machine Industry Co., Ltd.		1,193,919		881,852
Syncmold Enterprise Corp.		1,100,680		1,536,466
Taiflex Scientific Co., Ltd.		127,666		157,017
Tainan Enterprises Co., Ltd.		661,553		841,665
Tainan Spinning Co., Ltd.		3,336,950		1,498,063
Taiwan Acceptance Corp.		160,557		334,556
Taiwan Cogeneration Corp.		2,304,429		1,912,908
Taiwan Fire & Marine Insurance Co.		1,905,000		1,426,434
Taiwan Hon Chuan Enterprise Co., Ltd.		839,555		1,903,005
Taiwan Navigation Co., Ltd.		592,000		654,892
Taiwan PCB Techvest Co., Ltd.		1,718,954		2,186,950
Taiwan Secom Co., Ltd.		1,856,936		3,850,463
Taiwan Surface Mounting Technology Co., Ltd.		508,591		1,168,323
Teco Electric and Machinery Co., Ltd.		4,069,683		2,806,012
Thinking Electronic Industrial Co., Ltd.		549,189		563,805
Thye Ming Industrial Co., Ltd.		790,000		764,184
Ton Yi Industrial Corp.		4,441,538		2,347,592
Tong Hsing Electronic Industries Ltd.		150,695		528,450
Topco Scientific Co., Ltd.		196,120		358,823
Transcend Information, Inc.		1,641,000		4,737,102
Tripod Technology Corp.		490,631		1,645,715
Tsann Kuen Enterprise Co., Ltd.		1,003,894		2,397,958
TSRC Corp.		2,184,120		5,587,120
Tung Ho Steel Enterprise Corp.		2,894,559		2,937,270
TXC Corp.		650,549		1,023,836
U-Ming Marine Transport Corp.		4,847,681		8,360,195
United Integrated Services Co., Ltd.		433,031		501,042
Unity Opto Technology Co., Ltd.		741,307		853,968
Universal Cement Corp.		2,078,794		1,010,713
Wah Lee Industrial Corp.		694,152		992,502
Wei Chuan Food Corp.		616,194		685,831
Weikeng Industrial Co., Ltd.		1,352,481		1,177,684
Wistron NeWeb Corp.		374,385		824,511
WT Microelectronics Co., Ltd.		207,599		308,784
Yageo Corp.		1,069,432		321,397
Yeun Chyang Industrial Co., Ltd.		624,000		390,073
Yieh Phui Enterprise Co., Ltd.		2,812,941		1,029,316
Young Fast Optoelectronics Co., Ltd.		157,099		386,433
Young Optics, Inc.		141,420		563,006
YungShin Global Holding Corp.		446,015		631,670
Yungtay Engineering Co., Ltd.		663,994		1,062,993
Zinwell Corp.		236,000		285,460

Total Taiwan				265,680,503
Thailand – 12.2%
Airports of Thailand PCL		466,600		881,019
Amata Corp. PCL		919,884		497,960

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			107

Schedule of Investments (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

March 31, 2012


Investments	Shares		Value

Asian Property Development PCL		5,639,628	$	1,115,129
Bangchak Petroleum PCL		2,202,076		1,691,708
Bangkok Dusit Medical Services PCL		1,692,516		4,759,344
Bangkok Expressway PCL		3,850,375		2,695,887
Bangkok Life Assurance PCL		646,433		1,005,795
BEC World PCL		5,708,706		9,437,407
Berli Jucker PCL		1,821,539		2,435,607
Big C Supercenter PCL		559,139		2,972,408
Big C Supercenter PCL NVDR		142,745		758,839
Bumrungrad Hospital PCL		1,109,666		1,924,380
Central Pattana PCL		3,237,580		4,827,510
Delta Electronics Thailand PCL		3,364,772		2,835,788
Dynasty Ceramic PCL		1,072,852		2,269,160
Electricity Generating PCL		1,211,491		3,652,145
Esso Thailand PCL		8,594,063		3,565,770
GFPT PCL		1,100,167		367,317
Glow Energy PCL		3,999,877		7,973,823
Hana Microelectronics PCL		1,916,232		1,360,307
Hemaraj Land and Development PCL		13,269,500		1,212,966
Jasmine International PCL		10,685,416		969,827
Kiatnakin Bank PCL		4,479,310		5,372,268
Land and Houses PCL NVDR		30,190,963		6,752,598
LPN Development PCL		2,860,302		1,437,105
LPN Development PCL NVDR		1,397,300		702,047
Major Cineplex Group PCL		1,795,557		1,047,651
Maybank Kim Eng Securities Thailand PCL		3,678,086		1,812,217
MCOT PCL		2,491,010		2,301,257
Minor International PCL		2,286,395		1,059,820
Precious Shipping PCL		1,409,800		726,607
Pruksa Real Estate PCL		2,234,181		1,093,554
Quality Houses PCL		18,034,572		1,052,260
Ratchaburi Electricity Generating Holding PCL		5,268,493		7,044,581
Robinson Department Store PCL		751,295		1,248,100
Samart Corp. PCL		1,818,600		542,338
Sansiri PCL		46,060,084		2,926,346
Siam Makro PCL		434,696		5,044,446
Siamgas & Petrochemicals PCL		890,050		441,419
STP & I PCL		3,276,760		3,319,246
Supalai PCL		6,400,540		3,236,578
Thai Plastic & Chemical PCL		1,638,600		1,566,895
Thai Tap Water Supply PCL		14,836,224		2,885,489
Thai Union Frozen Products PCL		1,301,076		2,983,829
Thai Vegetable Oil PCL		3,076,880		1,994,736
Thanachart Capital PCL		6,035,043		6,553,450
Tisco Financial Group PCL		1,485,107		1,997,794
Tisco Financial Group PCL NVDR		19,516		26,253
TPI Polene PCL		2,017,289		928,542

Total Thailand				125,307,522
Turkey – 3.8%
Adana Cimento Sanayii TAS Class A		804,687		1,818,884
Akcansa Cimento A.S.		263,720		1,260,247
Aksa Akrilik Kimya Sanayii		589,093		1,566,157
Albaraka Turk Katilim Bankasi A.S.		621,393		707,514

Anadolu Cam Sanayii A.S.		1,232,055	$	2,093,851
Anadolu Hayat Emeklilik A.S.		587,370		1,268,369
Anadolu Sigorta^*		4,895,921		2,663,662
Aselsan Elektronik Sanayi ve Ticaret A.S.^(a)		567,386		3,373,320
Bagfas Bandirma Gubre Fabrik		3,471		340,695
Cimsa Cimento Sanayi ve Tica		153,262		773,660
EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret A.S.		642,309		752,945
Hurriyet Gazetecilik A.S.^*		1,478,059		978,243
Koza Altin Isletmeleri A.S.		77,999		1,478,695
Pinar SUT Mamulleri Sanayii A.S.		51,751		539,889
Sekerbank TAS		3,224,490		1,808,565
Selcuk Ecza Deposu Ticaret ve Sanayi A.S.		791,685		794,838
Tekfen Holding A.S.^(a)		315,414		1,093,308
Tofas Turk Otomobil Fabrikasi A.S.		1,723,061		7,364,252
Trakya Cam Sanayi A.S.		1,463,314		2,273,476
Turcas Petrol A.S.^(a)		400,737		606,871
Turk Traktor ve Ziraat Makineleri A.S.^*		137,130		2,799,670
Ulker Biskuvi Sanayi A.S.		774,214		2,449,137

Total Turkey				38,806,248
TOTAL COMMON STOCKS (Cost: $976,643,936)				1,010,828,575
EXCHANGE-TRADED FUNDS – 0.8%
United States – 0.8%
WisdomTree Emerging Markets Equity Income Fund^(a)(b)		14,431		831,370
WisdomTree India Earnings Fund^(a)(b)		386,779		7,457,099

TOTAL EXCHANGE-TRADED FUNDS (Cost: $9,161,949)				8,288,469
RIGHTS – 0.0%
Taiwan – 0.0%
Green Energy Technology, Inc., expiring 4/17/12^*
(Cost: $0)		54,526		8,314
TOTAL LONG-TERM INVESTMENTS (Cost: $985,805,885)				1,019,125,358
SHORT-TERM INVESTMENT – 0.1%
MONEY MARKET FUND – 0.1%
Invesco Treasury Fund Private Class, 0.02%^(c) (Cost: $1,038,298)		1,038,298		1,038,298
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.4%
MONEY MARKET FUND – 1.4%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(c)
(Cost: $14,313,135)^(d)		14,313,135		14,313,135
TOTAL INVESTMENTS IN SECURITIES – 101.1% (Cost: $1,001,157,318)				1,034,476,791
Liabilities in Excess of Cash, Foreign Currency and Other Assets – (1.1)%				(11,609,219	)

NET ASSETS – 100.0%			$	1,022,867,572

See Notes to Financial Statements.


108		WisdomTree International Dividend and Sector Funds

Schedule of Investments (concluded)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

March 31, 2012

ADR – American Depositary Receipt

GDR – Global Depositary Receipt

NVDR – Non-Voting Depositary Receipt

^*	Non-income producing security.

^†	Security is being fair valued by a valuation committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $73,744, which represents 0.0% of net assets.

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Affiliated company (See Note 7).

^(c)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(d)	At March 31, 2012, the total market value of the Fund’s securities on loan was $13,664,499 and the total market value of the collateral held by the Fund was $14,313,135.

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			109

Schedule of Investments

WisdomTree Middle East Dividend Fund (GULF)

March 31, 2012


Investments	Shares		Value

COMMON STOCKS – 98.9%
Jordan – 1.7%
Arab Bank PLC		19,935	$	229,073
Jordan Petroleum Refinery Co.		2,058		15,756

Total Jordan				244,829
Kuwait – 26.7%
Agility Public Warehousing Co. KSC		175,000		251,935
Ahli United Bank		47,250		137,745
Gulf Cable & Electrical Industries Co.		13,500		66,079
Kuwait Finance House		80,077		224,798
Kuwait Foods Americana		32,500		168,436
Kuwait Projects Co. Holdings KSC		87,008		106,470
Mobile Telecommunications Co. KSC		582,624		1,824,304
National Bank of Kuwait		162,268		630,734
National Mobile Telecommunications Co. KSC		42,500		333,453

Total Kuwait				3,743,954
Morocco – 10.7%
Attijariwafa Bank		2,935		126,043
Banque Centrale Populaire		362		8,594
Douja Promotion Groupe Addoha S.A.		1,887		16,433
Maroc Telecom S.A.		83,225		1,350,217

Total Morocco				1,501,287
Oman – 5.2%
Bank Sohar		10,258		3,917
BankMuscat SAOG		2,565		4,097
Galfar Engineering & Contracting SAOG		3,975		3,913
Oman International Bank SAOG		5,782		4,160
Oman Telecommunications Co. SAOG		159,831		536,783
Omani Qatari Telecommunications Co. SAOG		116,840		181,785

Total Oman				734,655
Qatar – 34.9%
Al Khaliji		29,712		133,830
Barwa Real Estate Co.		3,880		29,945
Commercial Bank of Qatar QSC (The)		24,004		506,319
Doha Bank QSC		20,899		349,560
Gulf International Services OSC		14,839		107,390
Gulf Warehousing Co.		424		4,367
Industries Qatar QSC		29,066		1,121,607
National Leasing		333		4,280
Qatar Electricity & Water Co.		7,313		291,235
Qatar Gas Transport Co. Nakilat		41,807		201,170
Qatar Insurance Co.		8,915		180,210
Qatar International Islamic Bank		15,792		220,333
Qatar Islamic Bank		15,834		334,423
Qatar National Bank SAQ		18,145		673,274
Qatar Telecom Q-Tel QSC		16,953		628,579
Qatari Investors’ Group		23,712		105,633
Salam International Investment Co.		1,193		4,194

Total Qatar				4,896,349
United Arab Emirates – 19.7%
Aramex PJSC		251,751		124,745
DP World Ltd.		30,625		355,250

Dubai Investments PJSC		1,024,825	$	245,813
Dubai Islamic Bank PJSC		610,104		350,482
Emaar Properties PJSC		412,040		339,908
First Gulf Bank PJSC		192,440		509,785
National Bank of Abu Dhabi PJSC		219,979		520,451
Union National Bank PJSC^*		279,855		239,244
Waha Capital PJSC		401,602		76,537

Total United Arab Emirates				2,762,215
TOTAL COMMON STOCKS (Cost: $12,662,085)				13,883,289
SHORT-TERM INVESTMENT – 0.0%
MONEY MARKET FUND – 0.0%
Invesco Treasury Fund Private Class, 0.02%^(a) (Cost: $4,567)		4,567		4,567
TOTAL INVESTMENTS IN SECURITIES – 98.9% (Cost: $12,666,652)				13,887,856
Foreign Currency and Other Assets in Excess of Liabilities – 1.1%				150,634

NET ASSETS – 100.0%			$	14,038,490

^*	Non-income producing security.

^(a)	Rate shown represents annualized 7-day yield as of March 31, 2012.

See Notes to Financial Statements.


110		WisdomTree International Dividend and Sector Funds

Schedule of Investments

WisdomTree International Hedged Equity Fund (HEDJ)

March 31, 2012


Investments	Shares		Value

COMMON STOCKS – 99.3%
Australia – 12.3%
Adelaide Brighton Ltd.		2,665	$	8,006
AGL Energy Ltd.		1,578		24,112
Alumina Ltd.		5,040		6,448
Amalgamated Holdings Ltd.		49		315
Amcor Ltd.		3,523		27,153
AMP Ltd.		7,516		33,636
APN News & Media Ltd.		6,984		6,548
Australia & New Zealand Banking Group Ltd.		9,939		239,492
Automotive Holdings Group		226		557
Bank of Queensland Ltd.^(a)		1,392		10,498
Bank of Queensland Ltd. Placement Shares^*		301		2,270
Bendigo and Adelaide Bank Ltd.		1,819		14,604
BHP Billiton Ltd.		4,759		170,630
Boral Ltd.		1,741		7,269
Bradken Ltd.		898		7,982
Brambles Ltd.		3,500		25,743
BT Investment Management Ltd.		3,919		8,972
Cabcharge Australia Ltd.		1,612		10,070
Caltex Australia Ltd.		929		13,368
Campbell Brothers Ltd.		205		14,278
Challenger Infrastructure Fund Class A^(b)		2,565		3,136
Coca-Cola Amatil Ltd.		2,198		28,394
Cochlear Ltd.		110		7,054
Commonwealth Bank of Australia		5,624		291,892
Computershare Ltd.		1,465		13,659
Consolidated Media Holdings Ltd.		1,534		4,624
Crown Ltd.		2,061		18,554
CSL Ltd.		977		36,325
CSR Ltd.		7,567		14,110
David Jones Ltd.^(a)		3,484		8,698
Envestra Ltd.		19,511		15,665
Fairfax Media Ltd.^(a)		6,622		4,974
Fleetwood Corp., Ltd.		797		10,114
Flight Centre Ltd.		351		8,000
Fortescue Metals Group Ltd.		1,336		8,041
GrainCorp Ltd.		1,227		11,504
GWA Group Ltd.		3,141		6,996
Harvey Norman Holdings Ltd.^(a)		4,760		9,912
Incitec Pivot Ltd.		2,771		9,042
Insurance Australia Group Ltd.		7,266		25,593
Invocare Ltd.		1,124		9,327
IOOF Holdings Ltd.		1,262		7,557
Iress Market Technology Ltd.		1,037		7,520
JB Hi-Fi Ltd.^(a)		606		6,881
Leighton Holdings Ltd.		1,244		27,476
Lend Lease Group^(b)		2,647		20,484
Macquarie Group Ltd.		1,266		38,139
Metcash Ltd.		2,325		10,357
Monadelphous Group Ltd.		419		10,374
Myer Holdings Ltd.^(a)		4,346		10,535
National Australia Bank Ltd.		7,823		199,364
New Hope Corp., Ltd.^(a)		2,168		11,881

Newcrest Mining Ltd.		493	$	15,158
OneSteel Ltd.		6,770		8,697
Orica Ltd.		839		24,310
Origin Energy Ltd.		1,756		24,285
OZ Minerals Ltd.		1,164		11,769
Perpetual Ltd.		281		7,391
Platinum Asset Management Ltd.		5,160		21,703
QBE Insurance Group Ltd.		5,296		77,742
Ramsay Health Care Ltd.		474		9,600
Rio Tinto Ltd.		465		31,504
Salmat Ltd.		2,580		6,281
Santos Ltd.		1,165		17,186
Seven West Media Ltd.		2,102		8,514
Sonic Healthcare Ltd.		1,269		16,459
Suncorp Group Ltd.		3,404		29,622
TABCORP Holdings Ltd.		7,966		22,446
Tatts Group Ltd.		4,534		11,649
Telstra Corp., Ltd.		71,872		244,959
Toll Holdings Ltd.		2,215		13,470
Transfield Services Ltd.		2,211		5,680
UGL Ltd.		660		9,025
Wesfarmers Ltd.		3,570		111,024
Westpac Banking Corp.		13,022		295,299
Woodside Petroleum Ltd.		1,107		39,920
Woolworths Ltd.		3,924		105,610
WorleyParsons Ltd.		463		13,732

Total Australia				2,711,168
Austria – 0.5%
Andritz AG^(a)		114		11,140
Oesterreichische Post AG		253		8,794
OMV AG		597		21,187
Raiffeisen Bank International AG^(a)		175		6,176
Strabag SE		264		8,032
Telekom Austria AG		2,021		23,501
Verbund AG^(a)		289		8,779
Vienna Insurance Group AG Wiener Versicherung Gruppe		155		6,826
Voestalpine AG		258		8,663

Total Austria				103,098
Belgium – 1.2%
Ageas		4,270		9,371
Anheuser-Busch InBev N.V.		1,426		104,028
Belgacom S.A.		1,606		51,554
Cofinimmo		77		9,454
Delhaize Group S.A.		230		12,083
Elia System Operator S.A./N.V.		155		6,554
EVS Broadcast Equipment S.A.		119		6,161
KBC Groep N.V.		469		11,748
Mobistar S.A.		161		8,008
NV Bekaert S.A.		98		3,152
Solvay S.A.		115		13,595
UCB S.A.		248		10,684
Umicore S.A.		144		7,921

Total Belgium				254,313

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			111

Schedule of Investments (continued)

WisdomTree International Hedged Equity Fund (HEDJ)

March 31, 2012


Investments	Shares		Value

Denmark – 0.4%
Carlsberg A/S Class B^(a)		88	$	7,262
D/S Norden		411		12,213
FLSmidth & Co. A/S^(a)		122		8,552
H. Lundbeck A/S^(a)		507		10,146
Novo Nordisk A/S Class B		387		53,514
Pandora A/S		237		2,738

Total Denmark				94,425
Finland – 1.5%
Elisa Oyj		659		15,770
Fortum Oyj		1,696		41,106
Kone Oyj Class B		268		14,907
Konecranes Oyj		190		4,985
Metso Oyj^(a)		353		15,066
Neste Oil Oyj		618		7,600
Nokia Oyj^(a)		16,447		89,406
Nokian Renkaat Oyj		182		8,856
Orion Oyj Class B		524		10,342
Pohjola Bank PLC Class A		958		10,595
Rautaruukki Oyj		428		4,486
Sampo Oyj Class A		1,199		34,601
Sanoma Oyj^(a)		803		10,266
Stora Enso Oyj Class R		2,201		16,326
Tieto Oyj		532		9,982
UPM-Kymmene Oyj^(a)		1,284		17,458
Wartsila Oyj Abp		438		16,495
YIT Oyj		376		8,072

Total Finland				336,319
France – 10.1%
Accor S.A.		560		19,964
Aeroports de Paris		157		12,867
Air Liquide S.A.		316		42,065
Alstom S.A.		390		15,197
Arkema S.A.		95		8,839
AXA S.A.		4,534		75,051
BNP Paribas S.A.		2,093		99,156
Bouygues S.A.		802		24,490
Bureau Veritas S.A.		139		12,217
Cap Gemini S.A.		277		12,380
Carrefour S.A.		1,058		25,326
Casino Guichard Perrachon S.A.		275		27,063
Christian Dior S.A.		169		25,893
Cie de Saint-Gobain		571		25,462
Cie Generale des Etablissements Michelin		257		19,108
CNP Assurances		1,335		20,800
Danone		676		47,082
Edenred		419		12,588
EDF S.A.		3,533		80,501
Eiffage S.A.		104		4,018
Euler Hermes S.A.		131		10,275
Eutelsat Communications S.A.		296		10,927
France Telecom S.A.		11,403		168,634
GDF Suez		6,108		157,556

Hermes International^(a)		48	$	16,150
ICADE		167		14,876
Klepierre		441		15,269
Lafarge S.A.		579		27,592
Lagardere SCA		328		10,103
Legrand S.A.		421		15,468
L’Oreal S.A.		535		65,895
LVMH Moet Hennessy Louis Vuitton S.A.		418		71,724
M6-Metropole Television S.A.		514		9,275
Natixis		8,627		33,145
Neopost S.A.		159		10,210
Nexity S.A.		204		6,444
Pernod-Ricard S.A.		269		28,085
PPR		195		33,499
Publicis Groupe S.A.		164		9,027
Rallye S.A.		95		3,564
Remy Cointreau S.A.		95		9,640
Rexel S.A.		426		9,375
Safran S.A.		354		12,990
Sanofi		2,780		215,575
Schneider Electric S.A.		691		45,081
SCOR SE		494		13,328
Societe Generale S.A.		1,457		42,618
Societe Immobiliere de Location pour l’Industrie et le Commerce		140		15,422
Societe Television Francaise 1		516		6,309
Sodexo		189		15,494
Suez Environnement Co.		662		10,138
Technip S.A.		190		22,350
Total S.A.		6,336		322,656
Vallourec S.A.		117		7,401
Veolia Environnement S.A.		1,083		17,934
Vinci S.A.		998		51,965
Vivendi S.A.		4,476		82,019

Total France				2,228,080
Germany – 7.5%
Adidas AG		160		12,473
Aixtron SE N.A.		156		2,713
Allianz SE		936		111,522
Axel Springer AG		234		11,801
BASF SE		1,538		134,338
Bayer AG		990		69,532
Bayerische Motoren Werke AG		539		48,400
Beiersdorf AG		435		28,342
Bilfinger Berger SE		122		11,443
Celesio AG		484		8,746
Daimler AG		1,896		114,151
Deutsche Bank AG		681		33,831
Deutsche Boerse AG		447		30,049
Deutsche Lufthansa AG		867		12,117
Deutsche Post AG		3,460		66,512
Deutsche Telekom AG		12,614		151,636
E.ON AG		7,026		168,043

See Notes to Financial Statements.


112		WisdomTree International Dividend and Sector Funds

Schedule of Investments (continued)

WisdomTree International Hedged Equity Fund (HEDJ)

March 31, 2012


Investments	Shares		Value

Fielmann AG		137	$	13,152
Fraport AG Frankfurt Airport Services Worldwide		136		8,503
Fresenius Medical Care AG & Co. KGaA		303		21,442
Fresenius SE & Co. KGaA		111		11,366
Hannover Rueckversicherung AG		361		21,412
Henkel AG & Co. KGaA		379		23,621
Infineon Technologies AG		915		9,341
K+S AG		168		8,776
Linde AG		158		28,311
MAN SE		187		24,861
Merck KGaA		138		15,250
Metro AG		456		17,604
Muenchener Rueckversicherungs AG		533		80,242
RWE AG		2,122		101,180
SAP AG		674		46,997
Siemens AG		1,264		127,238
SMA Solar Technology AG^(a)		76		3,439
Suedzucker AG		288		9,157
ThyssenKrupp AG		376		9,346
United Internet AG Registered Shares		416		7,828
Volkswagen AG		256		41,217
Wacker Chemie AG		57		5,018

Total Germany				1,650,950
Hong Kong – 5.1%
Bank of East Asia Ltd.^(a)		3,552		13,359
BOC Hong Kong Holdings Ltd.		20,476		56,570
Cathay Pacific Airways Ltd.		16,000		29,634
Cheung Kong Holdings Ltd.		2,419		31,250
China Merchants Holdings International Co., Ltd.		4,000		13,395
China Mobile Ltd.		38,500		423,728
China Overseas Land & Investment Ltd.		6,000		11,406
China Resources Enterprise Ltd.		2,000		6,981
China Resources Power Holdings Co., Ltd.		4,000		7,409
China Unicom Hong Kong Ltd.		8,318		14,099
Citic Pacific Ltd.		5,770		9,721
CLP Holdings Ltd.		3,534		30,497
CNOOC Ltd.		51,207		105,263
Fosun International Ltd.		13,766		8,192
Guangdong Investment Ltd.		14,670		10,222
Hang Lung Properties Ltd.		5,000		18,322
Hang Seng Bank Ltd.		3,749		49,832
Henderson Land Development Co., Ltd.		2,000		11,038
HKT Trust and HKT Ltd.^*(b)		434		338
Hong Kong & China Gas Co., Ltd.		7,288		18,680
Hong Kong Exchanges and Clearing Ltd.		1,654		27,801
Hutchison Whampoa Ltd.		5,164		51,613
Lenovo Group Ltd.		12,000		10,804
MTR Corp., Ltd.		6,001		21,487
New World Development Co., Ltd.		7,706		9,260
PCCW Ltd.		20,000		7,161
Power Assets Holdings Ltd.		3,959		29,065
Shanghai Industrial Holdings Ltd.		2,000		6,170
Shougang Fushan Resources Group Ltd.		13,263		4,493

Sino Land Co., Ltd.		9,581	$	15,302
SJM Holdings Ltd.		6,000		12,210
Sun Hung Kai Properties Ltd.		2,525		31,384
Television Broadcasts Ltd.		1,000		6,743
Wharf Holdings Ltd.		2,463		13,387

Total Hong Kong				1,116,816
Ireland – 0.3%
CRH PLC		1,606		32,722
DCC PLC		430		10,631
Dragon Oil PLC		828		8,255
Kerry Group PLC Class A		105		4,852

Total Ireland				56,460
Italy – 3.5%
A2A SpA^(a)		8,575		6,869
ACEA SpA		1,155		7,334
Assicurazioni Generali SpA^(a)		2,485		38,520
Atlantia SpA		1,455		24,123
Banca Carige SpA^(a)		4,606		6,036
Banca Monte dei Paschi di Siena SpA^(a)		12,932		5,444
Credito Emiliano SpA		1,205		5,697
Enel Green Power SpA		5,989		11,365
Enel SpA		24,808		89,596
ENI SpA		11,250		263,527
ERG SpA		1,102		9,752
Exor SpA		231		5,823
Intesa Sanpaolo SpA		26,123		46,755
Intesa Sanpaolo SpA RSP		739		1,139
Iren SpA		5,472		4,682
Luxottica Group SpA		812		29,358
Mediaset SpA		7,805		21,494
Mediobanca SpA		892		5,231
Mediolanum SpA		1,441		6,839
Parmalat SpA		1,911		4,766
Pirelli & C SpA		1,049		12,461
Saipem SpA		418		21,559
Snam SpA		10,724		51,498
Telecom Italia SpA		35,211		41,803
Telecom Italia SpA RSP		24,117		23,670
Terna Rete Elettrica Nazionale SpA		5,412		21,722

Total Italy				767,063
Japan – 14.5%
77 Bank Ltd. (The)		3,000		13,306
Aeon Co., Ltd.		1,251		16,539
Aisin Seiki Co., Ltd.		300		10,594
Ajinomoto Co., Inc.		363		4,579
Asahi Glass Co., Ltd.		1,000		8,530
Asahi Group Holdings Ltd.		700		15,591
Asahi Kasei Corp.		1,773		11,009
Astellas Pharma, Inc.		879		36,316
Axell Corp.		300		7,138
Bank of Yokohama Ltd. (The)		5,000		25,153
Bridgestone Corp.		649		15,820

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			113

Schedule of Investments (continued)

WisdomTree International Hedged Equity Fund (HEDJ)

March 31, 2012


Investments	Shares		Value

Brother Industries Ltd.		600	$	8,180
Canon, Inc.		1,900		90,273
Century Tokyo Leasing Corp.		600		12,183
Chiba Bank Ltd. (The)		2,000		12,832
Chiyoda Co., Ltd.		619		12,486
Chubu Electric Power Co., Inc.		1,700		30,862
Chugai Pharmaceutical Co., Ltd.		746		13,833
Chugoku Electric Power Co., Inc. (The)		535		9,992
Coca-Cola West Co., Ltd.		491		8,657
Cosmo Oil Co., Ltd.		3,000		8,384
Dai Nippon Printing Co., Ltd.		1,386		14,248
Daihatsu Motor Co., Ltd.		1,000		18,422
Dai-ichi Life Insurance Co., Ltd. (The)		7		9,722
Daiichi Sankyo Co., Ltd.		1,270		23,272
Daikin Industries Ltd.		200		5,475
Daio Paper Corp.		1,000		6,003
Daito Trust Construction Co., Ltd.		194		17,515
Daiwa House Industry Co., Ltd.		612		8,136
Daiwa Securities Group, Inc.		1,850		7,351
Denso Corp.		676		22,713
DIC Corp.		7,000		14,205
East Japan Railway Co.		500		31,654
Eisai Co., Ltd.		755		30,183
Electric Power Development Co., Ltd.		200		5,454
FamilyMart Co., Ltd.		200		8,506
FANUC Corp.		200		35,677
Fast Retailing Co., Ltd.		89		20,397
Fuji Heavy Industries Ltd.		1,000		8,081
FUJIFILM Holdings Corp.		498		11,746
Fujikura Kasei Co., Ltd.		2,100		10,998
Fujitsu Ltd.		3,000		15,894
Fukuoka Financial Group, Inc.		2,000		8,919
Hankyu Hanshin Holdings, Inc.		2,000		8,773
Hirose Electric Co., Ltd.		100		10,560
Hitachi Capital Corp.		700		10,479
Hitachi Ltd.		2,000		12,905
Hokkaido Electric Power Co., Inc.		700		10,335
Hokuriku Electric Power Co.		600		10,907
Honda Motor Co., Ltd.		1,500		57,324
Hoya Corp.		888		20,059
Ibiden Co., Ltd.		200		5,145
Inpex Corp.		2		13,585
ITOCHU Corp.		1,600		17,556
Itochu Techno-Solutions Corp.		200		9,004
Japan Tobacco, Inc.		9		50,963
JFE Holdings, Inc.		700		15,124
JS Group Corp.		497		10,466
JX Holdings, Inc.		5,334		33,250
Kajima Corp.^(a)		2,479		7,591
Kansai Electric Power Co., Inc. (The)		1,800		28,041
Kao Corp.		804		21,220
Kawasaki Heavy Industries Ltd.		2,000		6,149
Kawasaki Kisen Kaisha Ltd.^*		2,000		4,423
KDDI Corp.		5		32,566

Keisei Electric Railway Co., Ltd.		1,000	$	7,777
Kintetsu Corp.		1,000		3,828
Kirin Holdings Co., Ltd.		1,000		13,014
Kobe Steel Ltd.		6,000		9,770
Komatsu Ltd.		600		17,199
Konami Corp.		70		1,996
Konica Minolta Holdings, Inc.		1,000		8,785
Kubota Corp.		1,000		9,660
Kuraray Co., Ltd.		600		8,538
Kyocera Corp.		161		14,829
Kyowa Hakko Kirin Co., Ltd.		1,000		11,179
Kyushu Electric Power Co., Inc.		1,200		17,192
Lawson, Inc.		234		14,814
Lion Corp.		2,000		11,520
Makita Corp.		200		8,069
Marubeni Corp.		2,000		14,509
Marui Group Co., Ltd.		1,000		8,384
MEIJI Holdings Co., Ltd.		183		8,039
Mikuni Coca-Cola Bottling Co., Ltd.		2,000		17,182
Mitsubishi Chemical Holdings Corp.		2,109		11,327
Mitsubishi Corp.		2,500		58,327
Mitsubishi Electric Corp.		1,000		8,895
Mitsubishi Estate Co., Ltd.		1,000		17,935
Mitsubishi Heavy Industries Ltd.		2,000		9,745
Mitsubishi Tanabe Pharma Corp.		552		7,787
Mitsubishi UFJ Financial Group, Inc.		21,200		106,135
Mitsui & Co., Ltd.		2,700		44,522
Mitsui Chemicals, Inc.		2,000		6,100
Mitsui Fudosan Co., Ltd.		713		13,715
Mitsui O.S.K. Lines Ltd.		2,000		8,749
Mizuho Financial Group, Inc.		49,500		81,202
MS&AD Insurance Group Holdings		799		16,496
Murata Manufacturing Co., Ltd.		200		11,921
Nagoya Railroad Co., Ltd.		3,000		8,312
Namco Bandai Holdings, Inc.		900		13,058
NEC Mobiling Ltd.		262		9,096
Nidec Corp.		100		9,162
Nintendo Co., Ltd.		300		45,385
Nippon Electric Glass Co., Ltd.		1,000		8,737
Nippon Express Co., Ltd.		1,961		7,697
Nippon Paper Group, Inc.		500		10,468
Nippon Sheet Glass Co., Ltd.		2,000		3,086
Nippon Steel Corp.		6,000		16,550
Nippon Telegraph & Telephone Corp.		2,083		95,044
Nippon Yusen K.K.		5,000		15,797
Nishi-Nippon Railroad Co., Ltd.		5,000		23,634
Nissan Motor Co., Ltd.		2,200		23,552
Nissin Foods Holdings Co., Ltd.		200		7,522
Nitto Denko Corp.		178		7,213
NKSJ Holdings, Inc.		850		19,108
Nomura Holdings, Inc.		3,800		16,900
Nomura Research Institute Ltd.		600		14,968
NTT DoCoMo, Inc.		71		118,542
Obayashi Corp.		1,000		4,387

See Notes to Financial Statements.


114		WisdomTree International Dividend and Sector Funds

Schedule of Investments (continued)

WisdomTree International Hedged Equity Fund (HEDJ)

March 31, 2012


Investments	Shares		Value

OJI Paper Co., Ltd.		2,000	$	9,721
Onoken Co., Ltd.		1,400		12,078
Oracle Corp.		462		17,656
Oriental Land Co., Ltd.		100		10,778
Osaka Gas Co., Ltd.		4,000		16,137
Otsuka Holdings Co., Ltd.		445		13,248
Panasonic Corp.		1,197		11,069
Resona Holdings, Inc.		4,200		19,445
Ricoh Co., Ltd.		2,000		19,564
Rohm Co., Ltd.		200		9,928
Saibu Gas Co., Ltd.		5,000		13,549
Sankyo Co., Ltd.		179		8,831
Secom Co., Ltd.		440		21,654
Sega Sammy Holdings, Inc.		500		10,535
Sekisui House Ltd.		1,000		9,855
Seven & I Holdings Co., Ltd.		873		26,075
Sharp Corp.		1,000		7,339
Shikoku Electric Power Co., Inc.		600		17,010
Shin-Etsu Chemical Co., Ltd.		539		31,307
Shionogi & Co., Ltd.		600		8,341
Shiseido Co., Ltd.		763		13,240
Shizuoka Bank Ltd. (The)		1,000		10,353
Showa Denko K.K.		7,000		15,991
Showa Shell Sekiyu K.K.		843		5,409
Sojitz Corp.		4,800		8,632
Sony Corp.		300		6,212
Sumitomo Chemical Co., Ltd.		2,000		8,555
Sumitomo Corp.		1,800		26,160
Sumitomo Electric Industries Ltd.		851		11,716
Sumitomo Metal Industries Ltd.		8,538		17,326
Sumitomo Metal Mining Co., Ltd.		1,000		14,132
Sumitomo Mitsui Financial Group, Inc.		2,400		79,412
Sumitomo Mitsui Trust Holdings, Inc.		2,754		8,835
T&D Holdings, Inc.		800		9,323
Taisei Corp.		2,947		7,735
Takashimaya Co., Ltd.		1,000		8,348
Takata Corp.		300		8,038
Takeda Pharmaceutical Co., Ltd.		2,107		93,323
TDK Corp.		100		5,699
Tenma Corp.		1,200		14,028
Terumo Corp.		500		24,029
Tokio Marine Holdings, Inc.		1,090		30,079
Tokyo Electron Ltd.		200		11,507
Tokyo Gas Co., Ltd.		6,000		28,434
Tokyu Corp.		2,000		9,551
TonenGeneral Sekiyu K.K.		2,271		21,028
Toppan Printing Co., Ltd.		1,707		13,400
Topy Industries Ltd.		4,000		12,492
Toray Industries, Inc.		1,000		7,461
Toshiba Corp.		2,000		8,846
Toyota Motor Corp.		2,200		95,437
Toyota Tsusho Corp.		600		12,285
Trend Micro, Inc.		273		8,436
USS Co., Ltd.		120		12,234

Yahoo! Japan Corp.		49	$	15,945
Yakult Honsha Co., Ltd.		200		6,914

Total Japan				3,175,276
Netherlands – 1.9%
Akzo Nobel N.V.		285		16,802
ASML Holding N.V.		337		16,820
Delta Lloyd N.V.		563		9,882
European Aeronautic Defence and Space Co. N.V.		398		16,274
Exact Holding N.V.		334		7,873
Fugro N.V. CVA		128		9,106
Heineken Holding N.V.		325		15,191
Heineken N.V.		458		25,418
Koninklijke Ahold N.V.		1,980		27,396
Koninklijke Boskalis Westminster N.V.		189		7,089
Koninklijke DSM N.V.		239		13,808
Koninklijke KPN N.V.		5,541		60,862
Koninklijke Philips Electronics N.V.		1,683		34,067
PostNL N.V.		1,488		9,175
Randstad Holding N.V.		307		11,566
Reed Elsevier N.V.		2,312		29,484
STMicroelectronics N.V.		1,535		12,551
Unilever N.V. CVA		2,661		90,416
Wolters Kluwer N.V.		544		10,287

Total Netherlands				424,067
New Zealand – 0.4%
Contact Energy Ltd.^*		2,857		11,074
Nuplex Industries Ltd.		6,954		14,645
NZX Ltd.		2,883		6,639
Ryman Healthcare Ltd.		2,684		6,796
SKYCITY Entertainment Group Ltd.		3,017		9,741
Telecom Corp. of New Zealand Ltd.		6,064		12,050
Vector Ltd.		188		399
Warehouse Group Ltd. (The)		7,187		16,431

Total New Zealand				77,775
Norway – 2.0%
ABG Sundal Collier Holding ASA		13,802		11,953
Aker ASA Class A		443		14,484
Aker Solutions ASA		464		7,838
DNB ASA		3,494		44,839
Fred Olsen Energy ASA		433		16,951
Gjensidige Forsikring ASA		1,629		19,206
Leroey Seafood Group ASA		341		5,620
Marine Harvest ASA		48,186		24,836
Norsk Hydro ASA		2,096		11,395
Orkla ASA		2,431		19,204
SpareBank 1 SMN		414		2,656
SpareBank 1 SR Bank ASA		1,119		8,043
Statoil ASA		6,600		178,883
Telenor ASA		3,198		59,205
Yara International ASA		239		11,380

Total Norway				436,493

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			115

Schedule of Investments (continued)

WisdomTree International Hedged Equity Fund (HEDJ)

March 31, 2012


Investments		Shares		Value

Portugal – 0.6%
Banco Espirito Santo S.A.			3,819	$	6,967
Brisa Auto-Estradas de Portugal S.A.			2,186		7,773
Cimpor Cimentos de Portugal, SGPS, S.A.			1,516		10,094
EDP-Energias de Portugal S.A.			10,239		29,739
Galp Energia, SGPS, S.A. Class B			398		6,540
Mota-Engil, SGPS, S.A.			3,537		5,732
Portugal Telecom, SGPS, S.A.			5,566		30,235
REN – Redes Energeticas Nacionais S.A.			2,719		8,219
Sonae			11,949		7,097
Sonaecom – SGPS S.A.			5,367		8,684
Zon Multimedia Servicos de Telecomunicacoes e Multimedia, SGPS, S.A.			1,773		6,021

Total Portugal					127,101
Singapore – 2.2%
Cityspring Infrastructure Trust			27,359		8,377
DBS Group Holdings Ltd.			2,793		31,499
Jardine Cycle & Carriage Ltd.			433		16,630
Keppel Corp., Ltd.			4,029		35,216
Keppel Land Ltd.			5,000		13,799
M1 Ltd.			6,000		12,121
Oversea-Chinese Banking Corp., Ltd.			5,575		39,551
Sakari Resources Ltd.			3,000		5,559
SembCorp Industries Ltd.			4,568		19,182
SembCorp Marine Ltd.^(a)			9,000		37,794
Singapore Airlines Ltd.			1,000		8,566
Singapore Exchange Ltd.			4,491		24,788
Singapore Post Ltd.			14,000		11,357
Singapore Press Holdings Ltd.			6,540		20,390
Singapore Technologies Engineering Ltd.			8,128		21,009
Singapore Telecommunications Ltd.			34,000		85,179
StarHub Ltd.			7,438		18,338
United Overseas Bank Ltd.			2,000		29,188
UOB-Kay Hian Holdings Ltd.			15,082		20,272
Venture Corp., Ltd.			1,458		9,880
Wilmar International Ltd.			4,019		15,662
Yangzijiang Shipbuilding Holdings Ltd.			7,000		7,404

Total Singapore					491,761
Spain – 5.2%
Abertis Infraestructuras, S.A.			666		11,321
Acciona S.A.			114		7,949
Acerinox S.A.			628		8,060
ACS Actividades de Construccion y Servicios, S.A.^(a)	��		877		22,412
Antena 3 de Television S.A.			1,029		6,139
Banco Bilbao Vizcaya Argentaria S.A.			10,468		83,181
Banco de Sabadell S.A.^(a)			4,382		11,916
Banco Espanol de Credito S.A.^(a)			2,233		10,687
Banco Popular Espanol S.A.			2,162		7,745
Banco Popular Espanol S.A. Temp Line^*			28		100
Banco Santander S.A.			30,039		230,817
Bankinter S.A.^(a)			1,266		6,631
Bolsas y Mercados Espanoles S.A.			76		1,945
CaixaBank^(a)			10,569		41,084

Ebro Foods S.A.			337	$	6,532
Enagas S.A.			543		10,435
Endesa S.A.			2,290		45,561
Ferrovial S.A.			1,852		21,255
Fomento de Construcciones y Contratas S.A.			518		11,555
Gas Natural SDG S.A.			2,384		38,034
Iberdrola S.A.			13,839		78,454
Inditex S.A.			650		62,168
Indra Sistemas S.A.			127		1,554
Mapfre S.A.^(a)			6,958		22,368
Mediaset Espana Comunicacion S.A.			1,153		6,602
Obrascon Huarte Lain S.A.			187		5,558
Red Electrica Corp. S.A.			228		11,140
Repsol YPF S.A.			2,314		57,964
Telefonica S.A.			17,808		291,338
Zardoya Otis S.A.			1,748		22,603

Total Spain					1,143,108
Sweden – 3.5%
Alfa Laval AB			549		11,261
Assa Abloy AB Class B			486		15,220
Atlas Copco AB Class A			1,533		36,989
Axis Communications AB			245		6,609
Boliden AB			845		13,232
Castellum AB			774		9,723
Electrolux AB Series B^(a)			631		13,304
Hakon Invest AB			946		16,353
Hennes & Mauritz AB Class B			3,559		128,407
Investment AB Kinnevik Class B			375		8,698
Kungsleden AB			989		6,856
NCC AB Class B			411		8,641
Nordea Bank AB^(a)			8,041		72,892
Peab AB			1,394		7,101
Ratos AB Class B^(a)			1,389		19,227
Sandvik AB			1,621		23,330
Scania AB Class B			1,308		27,125
Securitas AB Class B			1,413		13,586
Skandinaviska Enskilda Banken AB Class A^(a)			3,166		22,426
Skanska AB Class B			1,406		24,304
SKF AB Class B			631		15,358
Svenska Cellulosa AB Class B^(a)			1,367		23,610
Svenska Handelsbanken AB Class A^(a)			1,577		50,124
Swedbank AB Class A^(a)			767		11,883
Swedish Match AB			475		18,856
Tele2 AB Class B			1,039		21,139
Telefonaktiebolaget LM Ericsson Class B			3,777		39,020
TeliaSonera AB			11,391		79,209
Volvo AB Class B^(a)			2,441		35,463

Total Sweden					779,946
Switzerland – 7.0%
ABB Ltd.^*			3,245		66,490
Actelion Ltd.^*			193		7,047
Adecco S.A.^*			246		12,874
Baloise Holding AG			107		8,606

See Notes to Financial Statements.


116		WisdomTree International Dividend and Sector Funds

Schedule of Investments (continued)

WisdomTree International Hedged Equity Fund (HEDJ)

March 31, 2012


Investments	Shares		Value

Cie Financiere Richemont S.A. Class A		207	$	12,963
Credit Suisse Group AG^*		2,120		60,350
EFG International AG^*		1,018		9,911
GAM Holding AG^*		500		7,274
Geberit AG^*		69		14,421
Givaudan S.A.^*		14		13,476
Holcim Ltd.^*		374		24,372
Kuehne + Nagel International AG		234		31,611
Lonza Group AG^*		137		7,072
Nestle S.A.		5,269		331,116
Novartis AG		4,823		266,590
Roche Holding AG		377		69,239
Roche Holding AG – Genusschein		1,345		233,777
Schindler Holding AG		241		28,770
SGS S.A.		18		34,970
Sulzer AG		61		8,659
Swatch Group AG (The)		34		15,630
Swiss Re AG^*		793		50,580
Swisscom AG^(a)		127		51,272
Syngenta AG^*		108		37,293
Vontobel Holding AG		297		7,525
Zurich Financial Services AG^*		487		130,714

Total Switzerland				1,542,602
United Kingdom – 19.6%
Aberdeen Asset Management PLC		2,308		9,477
Admiral Group PLC		820		15,552
AMEC PLC		543		9,613
Amlin PLC		1,928		10,159
Anglo American PLC		890		33,232
Antofagasta PLC		3,316		61,035
Ashmore Group PLC		1,826		10,722
Associated British Foods PLC		1,495		29,141
AstraZeneca PLC		3,645		161,843
Aviva PLC		12,501		66,212
Babcock International Group PLC		837		10,652
BAE Systems PLC		9,059		43,408
Balfour Beatty PLC		2,086		9,515
Barclays PLC		12,604		47,375
Berendsen PLC		1,748		14,579
BG Group PLC		1,964		45,438
BHP Billiton PLC		2,673		81,465
BP PLC		18,405		136,020
British American Tobacco PLC		4,369		219,923
British Land Co. PLC		3,612		27,695
British Sky Broadcasting Group PLC		2,167		23,405
Britvic PLC		1,411		8,673
BT Group PLC		13,185		47,694
Bunzl PLC		760		12,191
Burberry Group PLC		621		14,853
Cable & Wireless Communications PLC		21,701		11,196
Cable & Wireless Worldwide PLC		13,305		7,228
Capita PLC		1,118		13,085
Carillion PLC		1,606		7,657

Carnival PLC		244	$	7,789
Centrica PLC		10,437		52,762
Close Brothers Group PLC		766		9,607
Compass Group PLC		2,690		28,173
Daily Mail & General Trust PLC Class A		1,167		8,419
Diageo PLC		3,950		94,824
Drax Group PLC		1,443		12,554
Electrocomponents PLC		670		2,653
Eurasian Natural Resources Corp. PLC		2,140		20,259
Firstgroup PLC		2,457		9,331
Fresnillo PLC		782		19,966
G4S PLC		3,126		13,610
GKN PLC		2,911		9,586
GlaxoSmithKline PLC		12,927		288,435
Go-Ahead Group PLC		350		6,968
Greene King PLC		1,247		10,221
Hammerson PLC		1,190		7,902
Hays PLC		8,625		11,624
Home Retail Group PLC		4,893		8,912
HSBC Holdings PLC		32,051		284,110
ICAP PLC		1,303		8,178
IMI PLC		583		9,059
Imperial Tobacco Group PLC		2,170		87,891
Inmarsat PLC		1,117		8,215
Intercontinental Hotels Group PLC		453		10,517
International Power PLC		6,039		39,078
Interserve PLC		2,022		9,411
Investec PLC		993		6,065
J. Sainsbury PLC		4,347		21,621
Johnson Matthey PLC		266		10,026
Kingfisher PLC		3,891		19,067
Ladbrokes PLC		3,854		9,858
Legal & General Group PLC		11,852		24,750
Logica PLC		5,031		8,006
Man Group PLC		10,743		23,138
Marks & Spencer Group PLC		4,839		29,302
Marston’s PLC		5,486		8,599
Meggitt PLC		1,463		9,441
Melrose PLC		1,248		8,437
Mondi PLC		820		7,723
National Grid PLC		8,331		83,925
Next PLC		291		13,869
Old Mutual PLC		8,187		20,746
Pearson PLC		1,338		24,905
Pennon Group PLC		424		4,820
Premier Farnell PLC		1,917		6,573
Provident Financial PLC		932		17,065
Prudential PLC		3,925		46,877
Reckitt Benckiser Group PLC		1,352		76,318
Reed Elsevier PLC		2,960		26,248
Rexam PLC		1,634		11,176
Rio Tinto PLC		1,254		69,043
Royal Dutch Shell PLC Class A		7,619		265,803
Royal Dutch Shell PLC Class B		6,590		231,589

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			117

Schedule of Investments (concluded)

WisdomTree International Hedged Equity Fund (HEDJ)

March 31, 2012


Investments	Shares		Value

RSA Insurance Group PLC^(a)		14,620	$	24,434
SABMiller PLC		1,635		65,556
Sage Group PLC (The)		1,401		6,697
Segro PLC		1,990		7,466
Severn Trent PLC		431		10,632
Smiths Group PLC		699		11,749
SSE PLC		2,288		48,584
Standard Chartered PLC		3,368		83,947
Standard Life PLC		8,751		32,116
Tate & Lyle PLC		1,234		13,900
TESCO PLC		14,101		74,349
TUI Travel PLC		3,355		10,523
Unilever PLC		2,414		79,608
United Utilities Group PLC		1,426		13,705
Vedanta Resources PLC		274		5,376
Vodafone Group PLC		141,535		389,409
Weir Group PLC (The)		206		5,806
Whitbread PLC		324		9,546
William Hill PLC		2,235		9,335
WM Morrison Supermarkets PLC		4,215		20,069
WS Atkins PLC		706		8,280
Xstrata PLC		1,197		20,426

Total United Kingdom				4,305,595
TOTAL COMMON STOCKS (Cost: $21,086,267)				21,822,416
EXCHANGE-TRADED FUND – 0.2%
United States – 0.2%
WisdomTree DEFA Fund^(c) (Cost: $34,544)		773		34,707
SHORT-TERM INVESTMENT – 0.0%
MONEY MARKET FUND – 0.0%
Invesco Treasury Fund Private Class, 0.02%^(d) (Cost: $2,077)		2,077		2,077
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.9%
MONEY MARKET FUND – 2.9%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(d)
(Cost: $629,327)^(e)		629,327		629,327
TOTAL INVESTMENTS IN SECURITIES – 102.4% (Cost: $21,752,215)				22,488,527
Liabilities in Excess of Foreign Currency and Other Assets – (2.4)%				(525,378	)

NET ASSETS – 100.0%			$	21,963,149

^*	Non-income producing security.

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Stapled Security – A security contractually bound to one or more other securities to form a single saleable unit which cannot be sold separately.

^(c)	Affiliated company (See Note 7).

^(d)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(e)	At March 31, 2012, the total market value of the Fund’s securities on loan was $589,006 and the total market value of the collateral held by the Fund was $629,327.

See Notes to Financial Statements.


118		WisdomTree International Dividend and Sector Funds

Schedule of Investments

WisdomTree Commodity Country Equity Fund (CCXE)

March 31, 2012


Investments	Shares		Value

COMMON STOCKS – 99.3%
Australia – 12.4%
Amcor Ltd.		7,545	$	58,153
AMP Ltd.		16,902		75,642
Australia & New Zealand Banking Group Ltd.		19,559		471,297
BHP Billiton Ltd.		8,875		318,206
Coca-Cola Amatil Ltd.		4,582		59,192
Commonwealth Bank of Australia		11,048		573,403
CSL Ltd.		1,593		59,228
Leighton Holdings Ltd.		2,582		57,027
Macquarie Group Ltd.		2,364		71,216
National Australia Bank Ltd.		16,195		412,719
Origin Energy Ltd.		2,967		41,033
QBE Insurance Group Ltd.		9,572		140,511
Rio Tinto Ltd.		809		54,811
Suncorp Group Ltd.		5,539		48,200
Telstra Corp., Ltd.		136,318		464,609
Wesfarmers Ltd.		5,808		180,624
Westpac Banking Corp.		24,820		562,842
Woodside Petroleum Ltd.		2,325		83,843
Woolworths Ltd.		6,631		178,467

Total Australia				3,911,023
Brazil – 12.5%
AES Tiete S.A.		3,800		51,783
Banco Bradesco S.A.		10,599		157,739
Banco do Brasil S.A.		27,400		389,455
Banco Santander Brasil S.A.		35,400		325,999
BM&F Bovespa S.A.		15,800		96,915
CCR S.A.		14,100		114,157
Cia de Bebidas das Americas		11,900		410,952
Cia de Saneamento Basico do Estado de Sao Paulo^*		1,500		57,153
Cia Energetica de Minas Gerais		4,300		88,060
Cia Siderurgica Nacional S.A.		15,800		148,620
Cielo S.A.		7,300		246,535
CPFL Energia S.A.		10,600		159,323
Itau Unibanco Holding S.A.		12,135		206,208
Light S.A.		4,800		67,489
Natura Cosmeticos S.A.		3,300		71,362
Petroleo Brasileiro S.A.		42,300		560,893
Redecard S.A.		10,000		194,321
Souza Cruz S.A.		13,900		211,818
Tractebel Energia S.A.		800		14,252
Vale S.A.		14,800		345,763

Total Brazil				3,918,797
Canada – 12.4%
Bank of Montreal^(a)		4,600		272,930
Bank of Nova Scotia^(a)		6,400		357,829
BCE, Inc.		6,700		267,745
Canadian Imperial Bank of Commerce		3,000		228,846
Canadian Oil Sands Ltd.		4,165		87,680
Cenovus Energy, Inc.		2,832		101,725
Crescent Point Energy Corp.^(a)		2,700		116,002

Enbridge, Inc.		3,900	$	151,169
Encana Corp.^(a)		3,000		58,802
Great-West Lifeco, Inc.^(a)		8,300		203,794
Husky Energy, Inc.^(a)		6,500		165,061
Manulife Financial Corp.		9,100		123,009
Power Financial Corp.		6,000		176,137
Rogers Communications, Inc. Class B		3,600		142,638
Royal Bank of Canada^(a)		9,000		520,576
Sun Life Financial, Inc.		4,800		113,679
Suncor Energy, Inc.		2,499		81,487
Thomson Reuters Corp.		4,800		138,508
Toronto-Dominion Bank (The)^(a)		4,600		389,650
TransCanada Corp.^(a)		4,700		201,412

Total Canada				3,898,679
Chile – 12.5%
AES Gener S.A.		301,558		185,062
Aguas Andinas S.A. Class A		319,996		191,414
Antarchile S.A.		4,081		72,900
Banco de Chile		2,752,833		435,017
Banco de Credito e Inversiones		902		63,002
Banco Santander Chile		5,307,576		440,785
CAP S.A.		1,829		77,840
Cencosud S.A.		16,686		110,548
Cia Cervecerias Unidas S.A.		7,717		121,468
Cia General de Electricidad S.A.		16,632		87,158
Corpbanca		12,178,337		164,257
Empresa Nacional de Electricidad S.A.		220,815		397,847
Empresas CMPC S.A.		38,997		167,164
Empresas COPEC S.A.		16,442		274,541
Enersis S.A.		864,709		350,932
ENTEL Chile S.A.		10,716		216,761
Lan Airlines S.A.		5,340		157,121
Quinenco S.A.		68,656		216,299
SACI Falabella		21,356		206,324

Total Chile				3,936,440
New Zealand – 12.7%
Air New Zealand Ltd.		252,384		175,794
Auckland International Airport Ltd.		176,090		354,970
Contact Energy Ltd.^*		63,368		245,614
Fisher & Paykel Healthcare Corp., Ltd.		76,983		141,307
Fletcher Building Ltd.		59,542		328,856
Freightways Ltd.		24,012		77,723
Infratil Ltd.		74,255		115,003
Kathmandu Holdings Ltd.^(a)		34,588		46,222
Mainfreight Ltd.		7,169		56,396
Nuplex Industries Ltd.		34,974		73,655
NZX Ltd.		25,381		58,444
Port of Tauranga Ltd.		17,237		153,255
Restaurant Brands New Zealand Ltd.		27,117		40,887
Ryman Healthcare Ltd.		34,841		88,221
Sky Network Television Ltd.		38,491		163,385
SKYCITY Entertainment Group Ltd.		99,302		320,610
Telecom Corp. of New Zealand Ltd.		437,299		868,985

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			119

Schedule of Investments (concluded)

WisdomTree Commodity Country Equity Fund (CCXE)

March 31, 2012


Investments	Shares		Value

Tower Ltd.		57,876	$	79,202
Vector Ltd.		204,410		433,835
Warehouse Group Ltd. (The)		73,115		167,160

Total New Zealand				3,989,524
Norway – 12.3%
Aker ASA Class A		2,381		77,849
Aker Solutions ASA		3,183		53,766
DNB ASA		34,988		449,001
Fred Olsen Energy ASA		3,070		120,183
Gjensidige Forsikring ASA		15,313		180,538
Kongsberg Gruppen ASA		1,673		31,383
Leroey Seafood Group ASA		1,602		26,400
Marine Harvest ASA		314,601		162,153
Norsk Hydro ASA		17,797		96,753
Orkla ASA		22,966		181,423
Schibsted ASA		699		25,857
SpareBank 1 SR Bank ASA^(a)		1,458		10,480
Statoil ASA		63,672		1,725,737
Telenor ASA		30,771		569,669
TGS Nopec Geophysical Co. ASA		1,391		38,067
Yara International ASA		2,217		105,563

Total Norway				3,854,822
Russia – 11.5%
Gazprom Neft JSC ADR^(a)		11,917		318,065
Gazprom OAO ADR		79,589		970,986
LSR Group Reg S GDR		1,001		5,906
Lukoil OAO ADR		9,878		594,656
Magnitogorsk Iron & Steel Works Reg S GDR^*		4,333		25,586
MMC Norilsk Nickel OJSC ADR		19,797		362,285
Mobile Telesystems OJSC ADR		18,800		344,792
NovaTek OAO Reg S GDR		332		44,986
Novolipetsk Steel OJSC Reg S GDR		3,333		69,260
Rosneft Oil Co. Reg S GDR		41,423		293,275
Severstal OAO Reg S GDR^(a)		4,333		57,715
Sistema JSFC Reg S GDR^(a)		1,454		28,629
Surgutneftegas OJSC ADR		22,586		220,891
Tatneft ADR		3,499		142,759
Uralkali OJSC Reg S GDR^(a)		2,749		103,665
VTB Bank OJSC Reg S GDR		11,335		51,121

Total Russia				3,634,577
South Africa – 13.0%
ABSA Group Ltd.		10,656		216,604
African Bank Investments Ltd.		20,069		104,234
Anglo American Platinum Ltd.		1,134		78,904
Bidvest Group Ltd.		4,280		100,244
Exxaro Resources Ltd.^(a)		4,337		111,966
FirstRand Ltd.		95,813		295,883
Impala Platinum Holdings Ltd.		6,000		118,131
Kumba Iron Ore Ltd.^(a)		9,993		684,968
MMI Holdings Ltd.		33,189		76,588
MTN Group Ltd.		27,206		478,641
Nedbank Group Ltd.		7,201		153,881

RMB Holdings Ltd.		25,251	$	102,885
Sanlam Ltd.		37,567		162,416
Sasol Ltd.		8,063		389,253
Shoprite Holdings Ltd.		5,425		97,055
Standard Bank Group Ltd.		26,111		378,878
Truworths International Ltd.		6,909		72,704
Vodacom Group Ltd.		25,537		359,868
Woolworths Holdings Ltd.		16,522		103,659

Total South Africa				4,086,762
TOTAL COMMON STOCKS (Cost: $31,629,379)				31,230,624
EXCHANGE-TRADED FUND – 0.0%
United States – 0.0%
WisdomTree Global Natural Resources Fund^(a)(b) (Cost: $10,676)		514		12,952
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 9.4%
MONEY MARKET FUND – 9.4%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(c) (Cost: $2,944,521)^(d)		2,944,521		2,944,521
TOTAL INVESTMENTS IN SECURITIES – 108.7% (Cost: $34,584,576)				34,188,097
Liabilities in Excess of Cash, Foreign Currency and Other Assets – (8.7)%				(2,749,147	)

NET ASSETS – 100.0%			$	31,438,950

ADR – American Depositary Receipt

GDR – Global Depositary Receipt

^*	Non-income producing security.

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Affiliated company (See Note 7).

^(c)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(d)	At March 31, 2012, the total market value of the Fund’s securities on loan was $2,803,196 and the total market value of the collateral held by the Fund was $2,944,521.

See Notes to Financial Statements.


120		WisdomTree International Dividend and Sector Funds

Schedule of Investments

WisdomTree Global Natural Resources Fund (GNAT)

March 31, 2012


Investments	Shares		Value

COMMON STOCKS – 99.2%
Australia – 6.1%
BHP Billiton Ltd.		12,375	$	443,696
Fortescue Metals Group Ltd.		15,129		91,059
Rio Tinto Ltd.		4,842		328,051
Santos Ltd.		39,474		582,317
Woodside Petroleum Ltd.		12,794		461,370

Total Australia				1,906,493
Brazil – 2.4%
Petroleo Brasileiro S.A.		32,000		424,316
Vale S.A.		13,700		320,065

Total Brazil				744,381
Canada – 8.7%
Agrium, Inc.		400		34,455
Cameco Corp.		7,429		159,142
Canadian Natural Resources Ltd.		3,200		105,850
Canadian Oil Sands Ltd.		28,602		602,117
Crescent Point Energy Corp.^(a)		21,900		940,904
Encana Corp.^(a)		11,800		231,289
First Quantum Minerals Ltd.		4,596		87,464
Imperial Oil Ltd.		3,485		158,027
Potash Corp. of Saskatchewan, Inc.		780		35,541
Silver Wheaton Corp.		1,013		33,529
Suncor Energy, Inc.		3,833		124,986
Talisman Energy, Inc.		11,600		145,544
Teck Resources Ltd. Class B		2,502		89,145

Total Canada				2,747,993
China – 1.6%
China Shenhua Energy Co., Ltd. Class H		79,000		333,237
Yanzhou Coal Mining Co., Ltd. Class H		86,000		186,532

Total China				519,769
France – 4.1%
Technip S.A.		3,385		398,175
Total S.A.		17,359		883,993

Total France				1,282,168
Germany – 0.7%
K+S AG		4,268		222,943
Hong Kong – 1.2%
CNOOC Ltd.		179,618		369,230
Indonesia – 0.8%
Adaro Energy Tbk PT		704,500		148,697
Bumi Resources Tbk PT		372,000		95,604

Total Indonesia				244,301
Israel – 1.4%
Israel Chemicals Ltd.		38,126		433,904
Italy – 4.3%
ENI SpA		43,999		1,030,659
Saipem SpA		6,157		317,558

Total Italy				1,348,217

Japan – 1.8%
Inpex Corp.		27	$	183,401
Sumitomo Metal Mining Co., Ltd.		28,000		395,699

Total Japan				579,100
Malaysia – 3.3%
IOI Corp. Bhd		311,400		542,803
Kuala Lumpur Kepong Bhd		60,100		482,605

Total Malaysia				1,025,408
Mexico – 4.5%
Grupo Mexico S.A.B de C.V. Series B		134,207		423,243
Industrias Penoles S.A.B de C.V.		20,825		1,008,551

Total Mexico				1,431,794
Norway – 3.2%
Statoil ASA		30,136		816,793
Yara International ASA		4,372		208,174

Total Norway				1,024,967
Poland – 0.5%
KGHM Polska Miedz S.A.		3,471		159,260
Russia – 9.1%
Gazprom OAO ADR		22,688		276,793
Lukoil OAO ADR		8,965		539,693
Magnitogorsk Iron & Steel Works Reg S GDR^*(a)		21,667		127,944
MMC Norilsk Nickel OJSC ADR		19,786		362,084
NovaTek OAO Reg S GDR		546		73,983
Novolipetsk Steel OJSC Reg S GDR		7,896		164,079
Rosneft Oil Co. Reg S GDR		24,252		171,704
Surgutneftegas OJSC ADR		34,267		335,131
Tatneft ADR^(a)		12,671		516,977
Uralkali OJSC Reg S GDR		7,575		285,653

Total Russia				2,854,041
Singapore – 0.6%
Wilmar International Ltd.		49,000		190,957
South Africa – 5.5%
Anglo American Platinum Ltd.		2,002		139,300
Impala Platinum Holdings Ltd.		14,427		284,045
Kumba Iron Ore Ltd.		19,073		1,307,354

Total South Africa				1,730,699
Spain – 1.7%
Repsol YPF S.A.		21,734		544,421
Switzerland – 1.5%
Syngenta AG		1,353		467,192
Thailand – 1.5%
PTT Exploration & Production PCL		82,600		467,219
United Kingdom – 16.4%
Anglo American PLC		5,450		203,500
Antofagasta PLC		48,526		893,174
BG Group PLC		9,437		218,329
BHP Billiton PLC		13,202		402,359
BP PLC		43,149		318,888
Eurasian Natural Resources Corp. PLC		33,783		319,813

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			121

Schedule of Investments (concluded)

WisdomTree Global Natural Resources Fund (GNAT)

March 31, 2012


Investments	Shares		Value

Fresnillo PLC		15,756	$	402,283
Kazakhmys PLC		8,125		117,874
Rio Tinto PLC		3,753		206,634
Royal Dutch Shell PLC Class A		20,005		697,912
Royal Dutch Shell PLC Class B		28,585		1,004,549
Tullow Oil PLC		5,379		131,235
Vedanta Resources PLC		9,034		177,250
Xstrata PLC		4,271		72,880

Total United Kingdom				5,166,680
United States – 18.3%
Anadarko Petroleum Corp.		1,188		93,068
Apache Corp.		409		41,080
Archer-Daniels-Midland Co.		11,558		365,926
Baker Hughes, Inc.		1,801		75,534
CF Industries Holdings, Inc.		198		36,165
Chesapeake Energy Corp.		4,836		112,050
Chevron Corp.		4,905		526,012
Cliffs Natural Resources, Inc.		1,532		106,106
ConocoPhillips		7,717		586,569
Consol Energy, Inc.		2,965		101,107
Devon Energy Corp.		1,638		116,495
Diamond Offshore Drilling, Inc.^(a)		12,176		812,748
EOG Resources, Inc.		1,015		112,766
Exxon Mobil Corp.		4,669		404,942
Freeport-McMoRan Copper & Gold, Inc.		4,946		188,146
Halliburton Co.		2,309		76,636
Marathon Oil Corp.		6,291		199,425
Monsanto Co.		3,824		305,002
Mosaic Co. (The)		659		36,436
National Oilwell Varco, Inc.		1,279		101,642
Noble Energy, Inc.		1,680		164,270
Occidental Petroleum Corp.		2,351		223,886
Peabody Energy Corp.		2,043		59,165
Southern Copper Corp.		28,412		900,945

Total United States				5,746,121
TOTAL COMMON STOCKS (Cost: $33,489,886)				31,207,258
EXCHANGE-TRADED FUNDS – 0.6%
United States – 0.6%
WisdomTree India Earnings Fund^(a)(b) (Cost: $206,525)		9,099		175,429
SHORT-TERM INVESTMENT – 0.0%
MONEY MARKET FUND – 0.0%
Invesco Treasury Fund Private Class, 0.02%^(c) (Cost: $7,291)		7,291		7,291

INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.9%
MONEY MARKET FUND – 3.9%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(c) (Cost: $1,234,839)^(d)		1,234,839	$	1,234,839
TOTAL INVESTMENTS IN SECURITIES – 103.7% (Cost: $34,938,541)				32,624,817
Liabilities in Excess of Foreign Currency and Other Assets – (3.7)%				(1,172,821	)

NET ASSETS – 100.0%			$	31,451,996

ADR – American Depositary Receipt

GDR – Global Depositary Receipt

^*	Non-income producing security.

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Affiliated company (See Note 7).

^(c)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(d)	At March 31, 2012, the total market value of the Fund’s securities on loan was $1,179,196 and the total market value of the collateral held by the Fund was $1,234,839.

See Notes to Financial Statements.


122		WisdomTree International Dividend and Sector Funds

Schedule of Investments

WisdomTree Global ex-U.S. Utilities Fund (DBU)

March 31, 2012


Investments	Shares		Value

COMMON STOCKS – 98.9%
Australia – 1.7%
AGL Energy Ltd.		33,118	$	506,051
Prime AET&D Holdings^*†		7,592		—

Total Australia				506,051
Austria – 1.1%
EVN AG^(a)		15,774		211,953
Verbund AG^(a)		3,912		118,831

Total Austria				330,784
Belgium – 1.2%
Elia System Operator S.A./N.V.		8,811		372,542
Brazil – 14.5%
AES Tiete S.A.		52,800		719,513
Centrais Eletricas Brasileiras S.A.^*		9,000		83,671
Cia de Saneamento Basico do Estado de Sao Paulo^*		9,600		365,782
Cia de Saneamento de Minas Gerais-COPASA^*		21,500		506,534
Cia Energetica de Minas Gerais		38,600		790,493
CPFL Energia S.A.		31,400		471,955
EDP – Energias do Brasil S.A.		19,300		437,564
Light S.A.		60,600		852,047
Tractebel Energia S.A.		9,300		165,680

Total Brazil				4,393,239
Canada – 6.6%
Atco Ltd. Class I		2,230		156,052
Canadian Utilities Ltd. Class A		3,500		227,835
Emera, Inc.		9,100		308,751
Fortis, Inc.^(a)		8,800		284,132
Just Energy Group, Inc.^(a)		45,002		621,370
TransAlta Corp.^(a)		20,900		391,045

Total Canada				1,989,185
Chile – 7.6%
AES Gener S.A.		659,742		404,873
Aguas Andinas S.A. Class A		992,549		593,720
Cia General de Electricidad S.A.		62,831		329,259
Colbun S.A.		206,440		58,991
E.CL S.A.		106,083		293,312
Empresa Nacional de Electricidad S.A.		175,113		315,505
Enersis S.A.		740,012		300,325

Total Chile				2,295,985
China – 0.2%
China Longyuan Power Group Corp. Class H		68,000		56,842
Czech Republic – 1.3%
CEZ AS		8,804		376,658
Finland – 0.8%
Fortum Oyj		9,913		240,261
France – 3.9%
EDF S.A.		11,370		259,070
GDF Suez		14,399		371,423
Suez Environnement Co.		17,162		262,828

Veolia Environnement S.A.		17,991	$	297,925

Total France				1,191,246
Germany – 4.0%
E.ON AG		23,528		562,727
RWE AG		13,772		656,670

Total Germany				1,219,397
Hong Kong – 4.7%
China Resources Power Holdings Co., Ltd.		93,700		173,545
CLP Holdings Ltd.		37,322		322,073
Guangdong Investment Ltd.		614,000		427,839
Hong Kong & China Gas Co., Ltd.		64,695		165,821
Power Assets Holdings Ltd.		44,386		325,863

Total Hong Kong				1,415,141
Indonesia – 1.0%
Perusahaan Gas Negara Persero Tbk PT		687,000		285,499
Italy – 6.8%
A2A SpA^(a)		310,498		248,714
ACEA SpA		46,219		293,470
Enel Green Power SpA		35,423		67,221
Enel SpA		66,276		239,361
Hera SpA		159,587		227,398
Iren SpA		286,930		245,502
Snam SpA		73,429		352,614
Terna Rete Elettrica Nazionale SpA		95,562		383,561

Total Italy				2,057,841
Japan – 12.7%
Chubu Electric Power Co., Inc.^(a)		24,800		450,224
Chugoku Electric Power Co., Inc. (The)^(a)		26,400		493,065
Electric Power Development Co., Ltd.^(a)		12,842		350,173
Hokkaido Electric Power Co., Inc.		25,200		372,052
Hokuriku Electric Power Co.		18,400		334,484
Kansai Electric Power Co., Inc. (The)^(a)		22,900		356,739
Kyushu Electric Power Co., Inc.		27,900		399,710
Osaka Gas Co., Ltd.		62,000		250,125
Shikoku Electric Power Co., Inc.^(a)		14,261		404,288
Toho Gas Co., Ltd.^(a)		34,000		201,616
Tokyo Gas Co., Ltd.		48,000		227,474

Total Japan				3,839,950
Malaysia – 4.1%
Petronas Gas Bhd		89,600		492,530
Tenaga Nasional Bhd		114,200		239,695
YTL Corp. Bhd		212,400		124,105
YTL Power International Bhd		629,700		380,266

Total Malaysia				1,236,596
New Zealand – 0.8%
Contact Energy Ltd.^*		60,580		234,808
Philippines – 2.6%
Aboitiz Power Corp.		518,000		408,995
Energy Development Corp.		1,220,400		170,546
Manila Electric Co.		35,420		216,142

Total Philippines				795,683

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			123

Schedule of Investments (concluded)

WisdomTree Global ex-U.S. Utilities Fund (DBU)

March 31, 2012


Investments	Shares		Value

Poland – 0.6%
PGE S.A.		27,666	$	171,116
Portugal – 1.5%
EDP-Energias de Portugal S.A.		160,226		465,366
South Korea – 0.5%
Korea Gas Corp.		4,250		161,853
Spain – 5.8%
Acciona S.A.		3,104		216,435
Enagas S.A.		17,627		338,728
Endesa S.A.		11,919		237,136
Gas Natural SDG S.A.		24,866		396,706
Iberdrola S.A.		52,548		297,897
Red Electrica Corp. S.A.		5,559		271,613

Total Spain				1,758,515
Switzerland – 0.6%
BKW S.A.^*		5,400		193,572
Thailand – 2.6%
Glow Energy PCL		193,700		386,144
Ratchaburi Electricity Generating Holding PCL		296,300		396,187

Total Thailand				782,331
United Kingdom – 11.7%
Centrica PLC		79,504		401,915
Drax Group PLC		80,554		700,800
International Power PLC		44,166		285,793
National Grid PLC		45,613		459,497
Pennon Group PLC		28,260		321,259
Severn Trent PLC		17,984		443,652
SSE PLC		20,874		443,241
United Utilities Group PLC		48,526		466,358

Total United Kingdom				3,522,515
TOTAL COMMON STOCKS (Cost: $34,174,048)				29,892,976
EXCHANGE-TRADED FUND – 0.5%
United States – 0.5%
WisdomTree India Earnings Fund^(a)(b) (Cost: $183,378)		8,221		158,501
SHORT-TERM INVESTMENT – 0.0%
MONEY MARKET FUND – 0.0%
Invesco Treasury Fund Private Class, 0.02%^(c) (Cost: $14,947)		14,947		14,947
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 13.9%
MONEY MARKET FUND – 13.9%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(c) (Cost: $4,207,707)^(d)		4,207,707		4,207,707
TOTAL INVESTMENTS IN SECURITIES – 113.3% (Cost: $38,580,080)				34,274,131
Liabilities in Excess of Cash, Foreign Currency and Other Assets – (13.3)%				(4,033,183	)

NET ASSETS – 100.0%			$	30,240,948

^*	Non-income producing security.

^†	Security is being fair valued by a valuation committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $0, which represents 0.0% of net assets.

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Affiliated company (See Note 7).

^(c)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(d)	At March 31, 2012, the total market value of the Fund’s securities on loan was $4,002,917 and the total market value of the collateral held by the Fund was $4,207,707.

See Notes to Financial Statements.


124		WisdomTree International Dividend and Sector Funds

Schedule of Investments

WisdomTree Global ex-U.S. Real Estate Fund (DRW)

March 31, 2012


Investments	Shares		Value

COMMON STOCKS – 99.6%
Australia – 25.2%
Australand Property Group		270,274	$	716,775
CFS Retail Property Trust		1,210,094		2,243,937
Charter Hall Office REIT^(a)		153,003		488,190
Charter Hall Retail REIT		136,466		446,735
Commonwealth Property Office Fund		872,074		889,873
Dexus Property Group		1,824,537		1,644,412
Goodman Group		2,037,975		1,456,755
GPT Group		690,200		2,230,839
GPT Group In Specie^†*‡		2,305,813		—
Investa Office Fund^(b)		1,126,268		740,891
Lend Lease Group^(b)		139,319		1,078,126
Mirvac Group		1,455,738		1,764,443
Stockland		1,061,220		3,232,149
Westfield Group		1,115,484		10,203,817
Westfield Retail Trust		42,188		112,758

Total Australia				27,249,700
Austria – 0.1%
Conwert Immobilien Invest SE		11,103		133,590
Belgium – 0.8%
Befimmo SCA Sicafi		4,749		315,137
Cofinimmo		4,172		512,250

Total Belgium				827,387
Brazil – 1.3%
Aliansce Shopping Centers S.A.		4,984		47,318
BR Malls Participacoes S.A.		17,800		230,269
BR Properties S.A.		3,874		49,521
Brasil Brokers Participacoes S.A.		22,400		96,879
Iguatemi Empresa de Shopping Centers S.A.		7,100		163,071
JHSF Participacoes S.A.		140,700		461,210
LPS Brasil Consultoria de Imoveis S.A.		3,600		73,962
Multiplan Empreendimentos Imobiliarios S.A.		13,500		310,138

Total Brazil				1,432,368
Canada – 9.9%
Allied Properties Real Estate Investment Trust		11,249		291,622
Artis Real Estate Investment Trust^(a)		23,718		383,731
Boardwalk Real Estate Investment Trust		12,419		709,515
Brookfield Asset Management, Inc. Class A^(a)		44,315		1,395,360
Brookfield Office Properties, Inc.		69,908		1,213,571
Calloway Real Estate Investment Trust^(a)		26,896		729,552
Canadian Apartment Properties REIT^(a)		19,157		431,461
Canadian Real Estate Investment Trust^(a)		12,687		468,535
Chartwell Seniors Housing Real Estate Investment Trust^(a)		40,695		371,750
Cominar Real Estate Investment Trust		19,309		452,079
Dundee Real Estate Investment Trust^(a)		13,678		481,731
Extendicare Real Estate Investment Trust^(a)		26,830		212,074
First Capital Realty, Inc.^(a)		36,938		659,706
H&R Real Estate Investment Trust^(a)		29,700		703,089
Primaris Retail Real Estate Investment Trust^(a)		19,761		427,863
RioCan Real Estate Investment Trust^(a)		65,600		1,774,144

Total Canada				10,705,783

Chile – 0.1%
Parque Arauco S.A.		53,854	$	109,220
China – 0.9%
Guangzhou R&F Properties Co., Ltd. Class H^(a)		831,200		990,289
Finland – 0.2%
Citycon Oyj		12,521		41,852
Sponda Oyj		46,828		192,695

Total Finland				234,547
France – 8.1%
Fonciere des Regions		14,635		1,173,848
Gecina S.A.		12,835		1,339,016
ICADE		9,233		822,452
Klepierre		40,508		1,402,557
Mercialys S.A.		18,689		660,282
Societe Immobiliere de Location pour l’Industrie et le Commerce		3,573		393,595
Unibail-Rodamco SE		14,824		2,960,181

Total France				8,751,931
Germany – 0.5%
Alstria Office REIT AG		12,663		142,141
Deutsche Euroshop AG		6,852		241,351
Deutsche Wohnen AG		7,694		113,527

Total Germany				497,019
Hong Kong – 20.3%
Champion Real Estate Investment Trust		1,193,000		505,534
Cheung Kong Holdings Ltd.		276,238		3,568,608
China Overseas Land & Investment Ltd.		667,800		1,269,543
Franshion Properties China Ltd.		496,000		127,769
Hang Lung Group Ltd.		97,649		632,002
Hang Lung Properties Ltd.		450,283		1,649,994
Henderson Land Development Co., Ltd.		202,320		1,116,617
Hopewell Holdings Ltd.		176,000		482,844
Hysan Development Co., Ltd.		96,115		385,005
Kowloon Development Co., Ltd.		250,398		251,559
Link REIT (The)		397,946		1,481,278
New World Development Co., Ltd.		618,682		743,470
Regal Real Estate Investment Trust		1,254,000		316,569
Shenzhen Investment Ltd.		977,900		212,861
Sino Land Co., Ltd.		787,735		1,258,103
Sino-Ocean Land Holdings Ltd.^(a)		824,600		391,908
Sun Hung Kai Properties Ltd.		293,871		3,652,570
Swire Pacific Ltd. Class A		129,959		1,457,101
Swire Pacific Ltd. Class B		445,798		981,858
Wharf Holdings Ltd.		248,872		1,352,704
Wheelock & Co., Ltd.		39,231		118,239

Total Hong Kong				21,956,136
Indonesia – 0.1%
Bumi Serpong Damai PT		388,574		54,819
Lippo Karawaci Tbk PT		559,000		48,906

Total Indonesia				103,725

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			125

Schedule of Investments (continued)

WisdomTree Global ex-U.S. Real Estate Fund (DRW)

March 31, 2012


Investments	Shares		Value

Israel – 0.5%
Azrieli Group		12,860	$	311,096
Gazit-Globe Ltd.		23,987		245,886

Total Israel				556,982
Italy - 0.1%
Beni Stabili SpA		258,869		158,649
Japan – 6.0%
Aeon Mall Co., Ltd.		9,196		214,884
Daito Trust Construction Co., Ltd.		19,100		1,724,443
Daiwa House Industry Co., Ltd.		49,000		651,388
Hulic Co., Ltd.		11,100		134,611
Mitsubishi Estate Co., Ltd.		56,589		1,014,951
Mitsui Fudosan Co., Ltd.		69,308		1,333,186
Nomura Real Estate Holdings, Inc.		17,965		318,500
Sumitomo Real Estate Sales Co., Ltd.		3,666		172,397
Sumitomo Realty & Development Co., Ltd.		29,279		709,783
Tokyu Land Corp.		48,168		237,050

Total Japan				6,511,193
Malaysia – 0.2%
IGB Corp. Bhd		129,200		116,822
IJM Land Bhd		113,800		80,981

Total Malaysia				197,803
Netherlands – 2.4%
Corio N.V.		24,694		1,300,602
Eurocommercial Properties N.V.		9,197		347,956
Vastned Retail N.V.		6,379		334,487
Wereldhave N.V.		7,285		577,332

Total Netherlands				2,560,377
Norway – 0.0%
Norwegian Property ASA		27,810		43,294
Philippines – 1.0%
Ayala Land, Inc.		496,300		239,856
Megaworld Corp.		967,740		44,178
Robinsons Land Corp.		574,300		220,704
SM Prime Holdings, Inc.		1,501,500		591,018

Total Philippines				1,095,756
Singapore – 8.1%
Ascendas Real Estate Investment Trust		590,901		949,314
Ascott Residence Trust		185,118		156,799
CapitaCommercial Trust		689,635		669,149
CapitaLand Ltd.		400,589		994,025
CapitaMall Trust		691,786		993,100
CapitaMalls Asia Ltd.		256,000		332,891
CDL Hospitality Trusts		202,432		279,333
City Developments Ltd.		68,103		614,760
GuocoLand Ltd.		144,000		222,182
Keppel Land Ltd.		304,168		839,434
K-REIT Asia^(a)		363,000		278,598
Mapletree Industrial Trust		242,173		211,866
Mapletree Logistics Trust		500,187		375,931
Singapore Land Ltd.		60,544		288,912
Suntec Real Estate Investment Trust		599,828		596,322

United Industrial Corp., Ltd.		74,000	$	164,202
UOL Group Ltd.		105,000		395,832
Wheelock Properties Singapore Ltd.		198,000		296,839
Wing Tai Holdings Ltd.		123,000		125,216

Total Singapore				8,784,705
South Africa – 3.9%
Capital Property Fund		227,206		270,887
Emira Property Fund		180,755		292,051
Fountainhead Property Trust		456,692		434,404
Growthpoint Properties Ltd.		512,549		1,335,711
Hyprop Investments Ltd.		49,869		373,633
Redefine Properties Ltd.^*		1,047,741		1,089,440
Resilient Property Income Fund Ltd.		86,766		435,834

Total South Africa				4,231,960
Sweden – 1.5%
Atrium Ljungberg AB Class B		17,501		207,574
Castellum AB		29,228		367,148
Fabege AB		34,822		299,396
Hufvudstaden AB Class A		28,290		298,234
Kungsleden AB		21,481		148,918
Wallenstam AB Class B		15,588		150,938
Wihlborgs Fastigheter AB		13,367		188,357

Total Sweden				1,660,565
Switzerland – 1.0%
Swiss Prime Site AG^*		12,798		1,061,957
Taiwan – 1.1%
Farglory Land Development Co., Ltd.		285,000		573,582
Highwealth Construction Corp.		258,000		447,563
Ruentex Development Co., Ltd.		89,105		131,328

Total Taiwan				1,152,473
Thailand – 0.8%
Central Pattana PCL		98,000		146,126
Land and Houses PCL NVDR		2,607,786		583,265
Pruksa Real Estate PCL		303,300		148,455

Total Thailand				877,846
Turkey – 0.3%
Emlak Konut Gayrimenkul Yatirim Ortakligi AS^*		278,415		362,288
United Kingdom – 5.2%
British Land Co. PLC		182,039		1,395,803
Capital & Counties Properties PLC		28,862		88,447
Capital Shopping Centres Group PLC		134,951		714,558
Derwent London PLC		6,934		193,325
Great Portland Estates PLC		29,807		171,399
Hammerson PLC		113,403		753,024
Land Securities Group PLC		110,056		1,270,459
London & Stamford Property PLC		131,407		231,791
Segro PLC		166,650		625,191
Shaftesbury PLC		19,260		151,555

Total United Kingdom				5,595,552
TOTAL COMMON STOCKS (Cost: $108,419,114)				107,843,095

See Notes to Financial Statements.


126		WisdomTree International Dividend and Sector Funds

Schedule of Investments (concluded)

WisdomTree Global ex-U.S. Real Estate Fund (DRW)

March 31, 2012


Investments	Shares		Value

SHORT-TERM INVESTMENT – 0.2%
MONEY MARKET FUND – 0.2%
Invesco Treasury Fund Private Class, 0.02%^(c) (Cost: $190,104)		190,104	$	190,104
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 8.4%
MONEY MARKET FUND – 8.4%
Dreyfus Institutional Preferred Money Market Fund, 0.18%^(c)
(Cost: $9,057,136)^(d)		9,057,136		9,057,136
TOTAL INVESTMENTS IN SECURITIES – 108.2% (Cost: $117,666,354)				117,090,335
Liabilities in Excess of Cash, Foreign Currency and Other Assets – (8.2)%				(8,869,114	)

NET ASSETS – 100.0%			$	108,221,221

NVDR – Non-Voting Depositary Receipt

^*	Non-income producing security.

^†	Security is being fair valued by a valuation committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $0, which represents 0.0% of net assets.

^‡	Restricted security. At March 31, 2012, the value of the security amounted to $0 and 0.0% of net assets.

^(a)	Security, or portion thereof, was on loan at March 31, 2012 (See Note 2).

^(b)	Stapled Security – A security contractually bound to one or more other securities to form a single saleable unit which cannot be sold separately.

^(c)	Rate shown represents annualized 7-day yield as of March 31, 2012.

^(d)	At March 31, 2012, the total market value of the Fund’s securities on loan was $8,594,405 and the total market value of the collateral held by the Fund was $9,057,136.

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			127

Statements of Assets and Liabilities

WisdomTree International Dividend and Sector Funds

March 31, 2012


	WisdomTree DEFA Fund			WisdomTree DEFA Equity Income Fund			WisdomTree Global Equity Income Fund			WisdomTree Europe SmallCap Dividend Fund			WisdomTree Japan Hedged Equity Fund
ASSETS:

Investments, at cost	$	423,056,299		$	200,111,278		$	94,448,857		$	30,789,909		$	770,867,353

Investment in affiliates, at cost (Note 7)		387,001			813,350			231,536			1,092			—

Foreign currency, at cost		338,185			54,603			85,696			—			280,116
Investment in securities, at value (including securities on loan) (Note 2)¹		416,309,808			187,621,500			96,146,983			31,212,837			773,327,549

Investment in affiliates, at value (Note 7)		388,791			820,710			238,105			1,251			—

Foreign currency, at value		338,462			54,716			85,929			—			280,226

Unrealized appreciation on forward foreign currency contracts		—			118			57			465			8,806,044

Receivables:

Dividends and interest		1,749,574			799,784			382,427			125,277			7,063,267

Foreign tax reclaims		618,733			176,001			47,379			26,246			—

Investment securities and forward foreign currency contracts sold		1,246,077			—			200,787			196,659			—

Capital shares sold		—			—			—			—			7,331,802
Total Assets		420,651,445			189,472,829			97,101,667			31,562,735			796,808,888
LIABILITIES:

Due to custodian		1,048,591			—			207,433			30,251			—

Unrealized depreciation on forward foreign currency contracts		—			—			—			—			348,516

Payables:

Collateral for securities on loan (Note 2)		34,221,578			13,561,501			5,541,194			2,686,845			173,505,428

Investment securities and forward foreign currency contracts purchased		30,259			16,872			5,998			163,665			16,020,918

Advisory fees (Note 3)		147,247			84,332			42,688			13,989			225,200

Service fees (Note 2)		1,354			643			325			106			2,064
Total Liabilities		35,449,029			13,663,348			5,797,638			2,894,856			190,102,126
NET ASSETS	$	385,202,416		$	175,809,481		$	91,304,029		$	28,667,879		$	606,706,762
NET ASSETS:

Paid-in capital	$	614,628,576		$	265,673,360		$	111,464,457		$	54,050,105		$	640,245,108

Undistributed net investment income		1,022,525			299,938			173,689			83,518			5,575,936

Accumulated net realized loss on investments, forward foreign currency contracts and foreign currency related transactions		(223,736,484	)		(77,687,847	)		(22,039,721	)		(25,888,610	)		(50,082,345	)

Net unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies		(6,712,201	)		(12,475,970	)		1,705,604			422,866			10,968,063
NET ASSETS	$	385,202,416		$	175,809,481		$	91,304,029		$	28,667,879		$	606,706,762
Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)		8,650,000			4,550,000			2,200,000			750,000			16,550,000
Net asset value per share	$	44.53		$	38.64		$	41.50		$	38.22		$	36.66

¹	Market value of securities out on loan were as follows: $32,206,996, $12,812,908, $5,250,315, $2,325,126, and $164,639,402, respectively.

See Notes to Financial Statements.


128		WisdomTree International Dividend and Sector Funds

Statements of Assets and Liabilities (continued)

WisdomTree International Dividend and Sector Funds

March 31, 2012


	WisdomTree Global ex-U.S. Growth Fund			WisdomTree Japan SmallCap Dividend Fund			WisdomTree Asia Pacific ex-Japan Fund			WisdomTree Australia Dividend Fund			WisdomTree International LargeCap Dividend Fund
ASSETS:

Investments, at cost	$	60,096,109		$	200,816,749		$	86,511,755		$	69,741,486		$	185,673,698

Investment in affiliates, at cost (Note 7)		412,281			—			2,464,182			—			26,065

Foreign currency, at cost		30,459			139,109			60,691			34,600			94,030
Investment in securities, at value (including securities on loan) (Note 2)¹		58,019,996			213,260,896			89,428,564			69,688,217			179,423,124

Investment in affiliates, at value (Note 7)		385,394			—			2,198,209			—			30,021

Cash		—			—			9,421			—			—

Foreign currency, at value		30,435			139,189			62,279			34,600			94,018

Unrealized appreciation on forward foreign currency contracts		—			795			—			—			—

Receivables:

Dividends and interest		162,798			2,209,781			255,925			507,074			670,824

Investment securities and forward foreign currency contracts sold		—			779,924			—			—			—

Foreign tax reclaims		11,264			—			1,312			—			242,579
Total Assets		58,609,887			216,390,585			91,955,710			70,229,891			180,460,566
LIABILITIES:

Unrealized depreciation on forward foreign currency contracts		16			—			—			—			—

Payables:

Collateral for securities on loan (Note 2)		2,801,979			22,221,471			2,242,390			8,661,931			13,139,642

Investment securities and forward foreign currency contracts purchased		4,733			904,256			4,839			82,654			—

Advisory fees (Note 3)		28,805			92,443			35,711			29,249			67,155

Service fees (Note 2)		220			702			336			222			617
Total Liabilities		2,835,753			23,218,872			2,283,276			8,774,056			13,207,414
NET ASSETS	$	55,774,134		$	193,171,713		$	89,672,434		$	61,455,835		$	167,253,152
NET ASSETS:

Paid-in capital	$	71,442,992		$	207,597,232		$	107,123,936		$	78,355,989		$	220,882,190

Undistributed net investment income		60,053			1,734,559			3,116			127,330			310,663

Accumulated net realized loss on investments, forward foreign currency contracts and foreign currency related transactions		(13,625,006	)		(28,614,820	)		(20,101,529	)		(16,960,532	)		(47,708,420	)

Net unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies		(2,103,905	)		12,454,742			2,646,911			(66,952	)		(6,231,281	)
NET ASSETS	$	55,774,134		$	193,171,713		$	89,672,434		$	61,455,835		$	167,253,152
Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)		1,100,000			4,250,000			1,400,000			1,100,000			3,900,000
Net asset value per share	$	50.70		$	45.45		$	64.05		$	55.87		$	42.89

¹	Market value of securities out on loan were as follows: $2,668,103, $20,983,422, $2,160,524, $8,203,868, and $12,349,997. respectively.

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			129

Statements of Assets and Liabilities (continued)

WisdomTree International Dividend and Sector Funds

March 31, 2012


	WisdomTree International Dividend ex-Financials Fund			WisdomTree International MidCap Dividend Fund			WisdomTree International SmallCap Dividend Fund			WisdomTree Emerging Markets Equity Income Fund			WisdomTree Emerging Markets SmallCap Dividend Fund
ASSETS:

Investments, at cost	$	373,617,087		$	118,747,046		$	435,581,317		$	3,520,207,388		$	991,995,369

Investment in affiliates, at cost (Note 7)		4,505			71,003			197,706			2,163,775			9,161,949

Foreign currency, at cost		115,741			71,040			104,628			15,254,430			6,299,625
Investment in securities, at value (including securities on loan) (Note 2)¹		373,310,649			117,820,475			474,183,006			3,715,108,434			1,026,188,322

Investment in affiliates, at value (Note 7)		5,215			83,013			232,186			2,136,100			8,288,469

Cash		—			—			—			—			637,151

Foreign currency, at value		115,882			71,180			104,356			15,255,856			6,329,648

Unrealized appreciation on forward foreign currency contracts		—			—			—			—			6,040

Receivables:

Dividends and interest		1,183,874			640,943			3,564,555			9,968,889			2,603,585

Foreign tax reclaims		206,193			96,857			198,942			51,336			50,409

Investment securities and forward foreign currency contracts sold		926,892			1,016			1,017,931			2,584,380			1,963,967

Capital shares sold		—			—			—			54,590,170			8,215,760
Total Assets		375,748,705			118,713,484			479,300,976			3,799,695,165			1,054,283,351
LIABILITIES:

Due to custodian		741,861			—			490,748			10,102,926			—

Unrealized depreciation on forward foreign currency contracts		—			—			389			17,420			1,462

Payables:

Collateral for securities on loan (Note 2)		18,845,635			12,838,834			53,904,019			90,237,031			14,313,135

Investment securities and forward foreign currency contracts purchased		—			—			434,614			56,576,088			16,576,033

Advisory fees (Note 3)		168,190			51,626			205,301			1,857,948			521,481

Service fees (Note 2)		1,279			393			1,562			12,979			3,668
Total Liabilities		19,756,965			12,890,853			55,036,633			158,804,392			31,415,779
NET ASSETS	$	355,991,740		$	105,822,631		$	424,264,343		$	3,640,890,773		$	1,022,867,572
NET ASSETS:

Paid-in capital	$	502,540,444		$	186,217,370		$	610,517,085		$	3,536,315,233		$	1,023,786,960

Undistributed net investment income		455,453			441,765			2,243,811			5,258,481			5,299,833

Accumulated net realized loss on investments, forward foreign currency contracts and foreign currency related transactions		(146,700,697	)		(79,923,116	)		(227,119,420	)		(95,408,902	)		(39,561,966	)

Net unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies		(303,460	)		(913,388	)		38,622,867			194,725,961			33,342,745
NET ASSETS	$	355,991,740		$	105,822,631		$	424,264,343		$	3,640,890,773		$	1,022,867,572
Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)		8,550,000			2,200,000			8,600,000			63,500,000			21,400,000
Net asset value per share	$	41.64		$	48.10		$	49.33		$	57.34		$	47.80

¹	Market value of securities out on loan were as follows: $17,951,213, $12,069,627, $49,974,592, $84,663,628, and $13,664,499, respectively.

See Notes to Financial Statements.


130		WisdomTree International Dividend and Sector Funds

Statements of Assets and Liabilities (concluded)

WisdomTree International Dividend and Sector Funds

March 31, 2012


	WisdomTree Middle East Dividend Fund			WisdomTree International Hedged Equity Fund			WisdomTree Commodity Country Equity Fund			WisdomTree Global Natural Resources Fund			WisdomTree Global ex-U.S. Utilities Fund			WisdomTree Global ex-U.S. Real Estate Fund
ASSETS:
Investments, at cost	$	12,666,652		$	21,717,671		$	34,573,900		$	34,732,016		$	38,396,702		$	117,666,354
Investment in affiliates, at cost (Note 7)		—			34,544			10,676			206,525			183,378			—
Foreign currency, at cost		78,925			16,531			3,390			19,020			9,134			246,153
Investment in securities, at value (including securities on loan) (Note 2)¹		13,887,856			22,453,820			34,175,145			32,449,388			34,115,630			117,090,335
Investment in affiliates, at value (Note 7)		—			34,707			12,952			175,429			158,501			—
Cash		—			—			2,389			—			1,000			234,680
Foreign currency, at value		78,914			16,587			3,392			18,918			9,134			246,596
Unrealized appreciation on forward foreign currency contracts		—			206,598			1			2			—			549
Receivables:
Dividends and interest		143,060			98,339			176,955			55,479			157,435			306,485
Foreign tax reclaims		—			22,057			28,395			11,248			22,271			9,730
Investment securities and forward foreign currency contracts sold		53,567			39,246			—			—			—			1,834
Total Assets		14,163,397			22,871,354			34,399,229			32,710,464			34,463,971			117,890,209
LIABILITIES:
Due to custodian		—			—			—			354			—			—
Unrealized depreciation on forward foreign currency contracts		16			24,365			—			—			—			1,525
Payables:
Collateral for securities on loan (Note 2)		—			629,327			2,944,521			1,234,839			4,207,707			9,057,136
Investment securities and forward foreign currency contracts purchased		114,422			243,861			—			7,338			—			552,983
Advisory fees (Note 3)		8,049			8,748			15,639			15,816			15,200			56,911
Service fees (Note 2)		52			1,824			119			121			116			433
Other expenses		2,368			80			—			—			—			—
Total Liabilities		124,907			908,205			2,960,279			1,258,468			4,223,023			9,668,988
NET ASSETS	$	14,038,490		$	21,963,149		$	31,438,950		$	31,451,996		$	30,240,948		$	108,221,221
NET ASSETS:
Paid-in capital	$	21,599,052		$	23,322,072		$	46,709,534		$	46,968,822		$	55,676,046		$	168,728,864
Undistributed (Distributions in excess of) net investment income		151,353			62,976			76,664			17,759			68,845			(4,245,470	)
Accumulated net realized loss on investments, forward foreign currency contracts and foreign currency related transactions		(8,933,104	)		(2,341,390	)		(14,950,469	)		(13,220,593	)		(21,196,712	)		(55,685,579	)
Net unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies		1,221,189			919,491			(396,779	)		(2,313,992	)		(4,307,231	)		(576,594	)
NET ASSETS	$	14,038,490		$	21,963,149		$	31,438,950		$	31,451,996		$	30,240,948		$	108,221,221
Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)		900,000			500,000			1,000,000			1,250,000			1,600,000			4,100,000
Net asset value per share	$	15.60		$	43.93		$	31.44		$	25.16		$	18.90		$	26.40

¹	Market value of securities out on loan were as follows: $0, $589,006, $2,803,196, $1,179,196, $4,002,917, and $8,594,405, respectively.

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			131

Statements of Operations

WisdomTree International Dividend and Sector Funds

For the Year Ended March 31, 2012


	WisdomTree DEFA Fund			WisdomTree DEFA Equity Income Fund			WisdomTree Global Equity Income Fund			WisdomTree Europe SmallCap Dividend Fund			WisdomTree Japan Hedged Equity Fund
INVESTMENT INCOME:

Dividends¹	$	17,829,174		$	7,482,335		$	3,783,528		$	1,048,223		$	14,032,638

Dividends from affiliates (Note 7)		105,941			41,516			17,171			1,100			—

Interest		—			—			49			3,958			—

Securities lending income (Note 2)		697,262			250,266			106,557			43,660			99,038
Total investment income		18,632,377			7,774,117			3,907,305			1,096,941			14,131,676
EXPENSES:

Advisory fees (Note 3)		1,900,693			830,776			443,128			145,341			2,347,008

Service fees (Note 2)		17,423			6,302			3,362			1,103			21,514
Total expenses		1,918,116			837,078			446,490			146,444			2,368,522
Expense reimbursements/waivers (Note 3)		(5,203	)		(2,245	)		(1,056	)		(122	)		—
Net expenses		1,912,913			834,833			445,434			146,322			2,368,522
Net investment income		16,719,464			6,939,284			3,461,871			950,619			11,763,154
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

Net realized gain (loss) from:

Investment transactions		5,547,648			(1,638,520	)		1,464,020			(20,005	)		(28,401,065	)

Investment transactions from affiliates (Note 7)		(448,231	)		(100,802	)		(42,686	)		(17,412	)		—

In-kind redemptions		(1,294,220	)		—			—			(86,566	)		4,230,366

In-kind redemptions from affiliates (Note 7)		2,026			—			—			149			—

Forward foreign currency contracts and foreign currency related transactions		(111,962	)		(42,447	)		(29,101	)		(8,944	)		(9,182,465	)
Net realized gain (loss)		3,695,261			(1,781,769	)		1,392,233			(132,778	)		(33,353,164	)
Net change in unrealized appreciation (depreciation) from:

Investment transactions		(53,393,915	)		(14,023,733	)		(6,513,214	)		(3,234,973	)		17,438,420

Forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies		(17,749	)		(5,876	)		(3,463	)		(1,022	)		(310,028	)
Net change in unrealized appreciation (depreciation)		(53,411,664	)		(14,029,609	)		(6,516,677	)		(3,235,995	)		17,128,392
Net realized and unrealized loss on investments		(49,716,403	)		(15,811,378	)		(5,124,444	)		(3,368,773	)		(16,224,772	)
NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS	$	(32,996,939	)	$	(8,872,094	)	$	(1,662,573	)	$	(2,418,154	)	$	(4,461,618	)

¹	Net of foreign withholding tax of $1,692,031, $660,682, $315,469, $108,648 and $1,050,284, respectively.

See Notes to Financial Statements.


132		WisdomTree International Dividend and Sector Funds

Statements of Operations (continued)

WisdomTree International Dividend and Sector Funds

For the Year Ended March 31, 2012


	WisdomTree Global ex-U.S. Growth Fund			WisdomTree Japan SmallCap Dividend Fund			WisdomTree Asia Pacific ex-Japan Fund			WisdomTree Australia Dividend Fund			WisdomTree International LargeCap Dividend Fund
INVESTMENT INCOME:

Dividends¹	$	1,849,860		$	4,536,966		$	2,924,467		$	3,243,567		$	6,480,503

Dividends from affiliates (Note 7)		4,730			1,611			18,265			2,406			30,094

Securities lending income (Note 2)		39,585			81,540			16,098			55,236			229,237
Total investment income		1,894,175			4,620,117			2,958,830			3,301,209			6,739,834
EXPENSES:

Advisory fees (Note 3)		332,537			1,240,122			364,607			332,196			670,975

Service fees (Note 2)		2,523			9,408			3,342			2,520			6,151
Total expenses		335,060			1,249,530			367,949			334,716			677,126
Expense reimbursements/waivers (Note 3)		(3,216	)		(1,979	)		(7,180	)		(29	)		(1,165	)
Net expenses		331,844			1,247,551			360,769			334,687			675,961
Net investment income		1,562,331			3,372,566			2,598,061			2,966,522			6,063,873
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

Net realized gain (loss) from:

Investment transactions		(374,815	)		(12,602,356	)		(4,136,599	)		(1,868,365	)		(5,054,572	)

Investment transactions from affiliates (Note 7)		(127,512	)		(39,128	)		(6,395	)		(8,509	)		(83,271	)

In-kind redemptions		5,078,987			13,757,885			8,907,657			6,763,486			4,460,492

In-kind redemptions from affiliates (Note 7)		643			(8,488	)		(10,676	)		16,310			1,397

Forward foreign currency contracts and foreign currency related transactions		(82,754	)		22,096			(168,679	)		(32,657	)		(36,304	)
Net realized gain (loss)		4,494,549			1,130,009			4,585,308			4,870,265			(712,258	)
Net change in unrealized appreciation (depreciation) from:

Investment transactions		(9,404,378	)		8,036,206			(8,035,319	)		(8,235,223	)		(12,409,775	)

Forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies		(2,135	)		29,221			(13,911	)		(31,422	)		(1,766	)
Net change in unrealized appreciation (depreciation)		(9,406,513	)		8,065,427			(8,049,230	)		(8,266,645	)		(12,411,541	)
Net realized and unrealized gain (loss) on investments		(4,911,964	)		9,195,436			(3,463,922	)		(3,396,380	)		(13,123,799	)
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	$	(3,349,633	)	$	12,568,002		$	(865,861	)	$	(429,858	)	$	(7,059,926	)

¹	Net of foreign withholding tax of $184,888, $341,088, $172,180, $36,803 and $622,800, respectively.

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			133

Statements of Operations (continued)

WisdomTree International Dividend and Sector Funds

For the Year Ended March 31, 2012


	WisdomTree International Dividend ex-Financials Fund			WisdomTree International MidCap Dividend Fund			WisdomTree International SmallCap Dividend Fund			WisdomTree Emerging Markets Equity Income Fund			WisdomTree Emerging Markets SmallCap Dividend Fund
INVESTMENT INCOME:

Dividends¹	$	10,190,108		$	5,272,177		$	17,000,936		$	95,215,379		$	31,777,161

Dividends from affiliates (Note 7)		44,723			23,662			40,957			83,246			79,830

Securities lending income (Note 2)		350,281			242,894			553,115			380,042			240,488
Total investment income		10,585,112			5,538,733			17,595,008			95,678,667			32,097,479
EXPENSES:

Advisory fees (Note 3)		1,283,015			752,251			2,412,430			12,679,378			5,387,984

Service fees (Note 2)		9,734			5,707			18,304			88,555			37,630
Total expenses		1,292,749			757,958			2,430,734			12,767,933			5,425,614
Expense reimbursements/waivers (Note 3)		(4,056	)		(1,685	)		(5,331	)		(5,490	)		(59,054	)
Net expenses		1,288,693			756,273			2,425,403			12,762,443			5,366,560
Net investment income		9,296,419			4,782,460			15,169,605			82,916,224			26,730,919
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

Net realized gain (loss) from:

Investment transactions		2,116,283			(6,697,133	)		(7,921,529	)		(48,548,764	)		(5,537,031	)

Investment transactions from affiliates (Note 7)		(187,195	)		(20,700	)		44,138			(140,950	)		(2,450,200	)

In-kind redemptions		727,751			2,908,195			4,129,782			36,439,977			14,758,247

In-kind redemptions from affiliates (Note 7)		3,048			2,128			7,167			—			40,509

Forward foreign currency contracts and foreign currency related transactions		(102,629	)		(22,828	)		3,626			(5,059,484	)		(626,431	)
Net realized gain (loss)		2,557,258			(3,830,338	)		(3,736,816	)		(17,309,221	)		6,185,094
Net change in unrealized appreciation (depreciation) from:

Investment transactions		(15,370,298	)		(13,497,453	)		(29,689,976	)		521,064			(97,633,116	)

Forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies		(22,873	)		(6,541	)		6,452			(241,093	)		(56,734	)
Net change in unrealized appreciation (depreciation)		(15,393,171	)		(13,503,994	)		(29,683,524	)		279,971			(97,689,850	)
Net realized and unrealized loss on investments		(12,835,913	)		(17,334,332	)		(33,420,340	)		(17,029,250	)		(91,504,756	)
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	$	(3,539,494	)	$	(12,551,872	)	$	(18,250,735	)		65,886,974			(64,773,837	)

¹	Net of foreign withholding tax of $940,887, $505,753, $1,315,761, $11,009,419, and $5,207,986, respectively.

See Notes to Financial Statements.


134		WisdomTree International Dividend and Sector Funds

Statements of Operations (concluded)

WisdomTree International Dividend and Sector Funds

For the Year Ended March 31, 2012


	WisdomTree Middle East Dividend Fund			WisdomTree International Hedged Equity Fund			WisdomTree Commodity Country Equity Fund			WisdomTree Global Natural Resources Fund			WisdomTree Global ex-U.S. Utilities Fund			WisdomTree Global ex-U.S. Real Estate Fund
INVESTMENT INCOME:

Dividends¹	$	1,076,263		$	869,809		$	1,407,570		$	1,587,220		$	1,586,203		$	5,782,460

Dividends from affiliates (Note 7)		—			2,132			1,047			2,499			1,778			12,951

Securities lending income (Note 2)		—			26,138			39,582			63,264			66,730			128,367
Total investment income		1,076,263			898,079			1,448,199			1,652,983			1,654,711			5,923,778
EXPENSES:

Advisory fees (Note 3)		118,125			94,307			204,834			232,339			189,502			694,902

Service fees (Note 2)		546			865			1,554			1,763			1,438			5,272

Custody and accounting		93,259			47,597			—			—			—			—

Professional fees		44,156			44,192			—			—			—			—

IOPV fees²		18,100			10,500			—			—			—			—

Printing		17,315			17,451			—			—			—			—

Pricing		10,584			17,845			—			—			—			—

Listing costs		6,500			5,000			—			—			—			—

Insurance		3,705			3,734			—			—			—			—

Compliance		1,915			1,915			—			—			—			—

Other		2,979			2,996			—			—			—			—
Total expenses		317,184			246,402			206,388			234,102			190,940			700,174
Expense reimbursements/waivers (Note 3)		(163,552	)		(131,789	)		(243	)		(1,257	)		(1,074	)		(688	)
Net expenses		153,632			114,613			206,145			232,845			189,866			699,486
Net investment income		922,631			783,466			1,242,054			1,420,138			1,464,845			5,224,292
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

Net realized gain (loss) from:

Investment transactions		(244,892	)		(137,026	)		2,908,550			57,461			(11,409,758	)		(160,393	)

Investment transactions from affiliates (Note 7)		—			(31,242	)		(30,656	)		(39,443	)		(24,863	)		(122,837	)

In-kind redemptions		—			692,610			469,212			(733,100	)		242,290			2,656,587

In-kind redemptions from affiliates (Note 7)		—			—			1,081			(13,234	)		6,811			(251	)

Forward foreign currency contracts and foreign currency related transactions		(6,638	)		(314,304	)		(28,319	)		(61,608	)		(52,774	)		(26,162	)
Net realized gain (loss)		(251,530	)		210,038			3,319,868			(789,924	)		(11,238,294	)		2,346,944
Net change in unrealized appreciation (depreciation) from:

Investment transactions		(646,916	)		(2,314,024	)		(5,934,484	)		(7,614,566	)		7,209,945			(13,825,824	)

Forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies		310			431,526			(4,082	)		(2,559	)		(2,459	)		469
Net change in unrealized appreciation (depreciation)		(646,606	)		(1,882,498	)		(5,938,566	)		(7,617,125	)		7,207,486			(13,825,355	)
Net realized and unrealized loss on investments		(898,136	)		(1,672,460	)		(2,618,698	)		(8,407,049	)		(4,030,808	)		(11,478,411	)
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	$	24,495		$	(888,994	)	$	(1,376,644	)	$	(6,986,911	)	$	(2,565,963	)	$	(6,254,119	)

¹	Net of foreign withholding tax of $90,823, $84,054, $139,836, $155,272, $183,693, and $437,773, respectively.

²	IOVP fees – Indicative Optimized Portfolio Value – is the real-time estimation of the net asset value of the Fund.

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			135

Statements of Changes in Net Assets

WisdomTree International Dividend and Sector Funds


	WisdomTree DEFA Fund						WisdomTree DEFA Equity Income Fund						WisdomTree Global Equity Income Fund
	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2012			For the Year Ended March 31, 2011
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

Net investment income	$	16,719,464		$	14,585,334		$	6,939,284		$	5,386,264		$	3,461,871		$	2,136,651

Net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions		3,695,261			(10,765,454	)		(1,781,769	)		(8,141,358	)		1,392,233			(791,425	)

Net change in unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies		(53,411,664	)		38,462,539			(14,029,609	)		11,649,847			(6,516,677	)		6,562,848
Net increase (decrease) in net assets resulting from operations		(32,996,939	)		42,282,419			(8,872,094	)		8,894,753			(1,662,573	)		7,908,074
DIVIDENDS:

Net investment income		(16,801,126	)		(14,637,890	)		(6,808,884	)		(5,400,141	)		(3,425,601	)		(2,060,172	)
CAPITAL SHARE TRANSACTIONS:

Net proceeds from sale of shares		33,703,878			19,124,551			60,036,022			2,204,839			18,244,724			29,257,792

Cost of shares redeemed		(56,700,428	)		(24,677,653	)		—			(16,542,512	)		—			—
Net increase (decrease) in net assets resulting from capital share transactions		(22,996,550	)		(5,553,102	)		60,036,022			(14,337,673	)		18,244,724			29,257,792
Net Increase (Decrease) in Net Assets		(72,794,615	)		22,091,427			44,355,044			(10,843,061	)		13,156,550			35,105,694
NET ASSETS:

Beginning of year	$	457,997,031		$	435,905,604		$	131,454,437		$	142,297,498		$	78,147,479		$	43,041,785

End of year	$	385,202,416		$	457,997,031		$	175,809,481		$	131,454,437		$	91,304,029		$	78,147,479
Undistributed net investment income included in net assets at end of year	$	1,022,525		$	1,092,255		$	299,938		$	191,867		$	173,689		$	154,543
SHARES CREATED AND REDEEMED:

Shares outstanding, beginning of year		9,250,000			9,450,000			3,000,000			3,400,000			1,750,000			1,050,000

Shares created		750,000			400,000			1,550,000			50,000			450,000			700,000

Shares redeemed		(1,350,000	)		(600,000	)		—			(450,000	)		—			—
Shares outstanding, end of year		8,650,000			9,250,000			4,550,000			3,000,000			2,200,000			1,750,000

See Notes to Financial Statements.


136		WisdomTree International Dividend and Sector Funds

Statements of Changes in Net Assets (continued)

WisdomTree International Dividend and Sector Funds


	WisdomTree Europe SmallCap Dividend Fund						WisdomTree Japan Hedged Equity Fund						WisdomTree Global ex-U.S. Growth Fund
	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2012			For the Year Ended March 31, 2011
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

Net investment income	$	950,619		$	773,071		$	11,763,154		$	6,622,465		$	1,562,331		$	957,587

Net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions		(132,778	)		(726,338	)		(33,353,164	)		(21,754,422	)		4,494,549			145,659

Net change in unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies		(3,235,995	)		5,089,392			17,128,392			(2,893,998	)		(9,406,513	)		3,253,681
Net increase (decrease) in net assets resulting from operations		(2,418,154	)		5,136,125			(4,461,618	)		(18,025,955	)		(3,349,633	)		4,356,927
DIVIDENDS:

Net investment income		(1,249,779	)		(772,916	)		(9,560,131	)		(1,252,279	)		(1,502,577	)		(917,040	)
CAPITAL SHARE TRANSACTIONS:

Net proceeds from sale of shares		7,023,711			—			401,748,182			483,187,635			54,279,646			21,201,069

Cost of shares redeemed		(3,576,495	)		(5,569,277	)		(276,000,932	)		(23,678,853	)		(43,099,447	)		—
Net increase (decrease) in net assets resulting from capital share transactions		3,447,216			(5,569,277	)		125,747,250			459,508,782			11,180,199			21,201,069
Net Increase (Decrease) in Net Assets		(220,717	)		(1,206,068	)		111,725,501			440,230,548			6,327,989			24,640,956
NET ASSETS:

Beginning of year	$	28,888,596		$	30,094,664		$	494,981,261		$	54,750,713		$	49,446,145		$	24,805,189

End of year	$	28,667,879		$	28,888,596		$	606,706,762		$	494,981,261		$	55,774,134		$	49,446,145
Undistributed net investment income included in net assets at end of year	$	83,518		$	383,628		$	5,575,936		$	5,918,195		$	60,053		$	83,053
SHARES CREATED AND REDEEMED:

Shares outstanding, beginning of year		650,000			800,000			13,400,000			1,300,000			900,000			500,000

Shares created		200,000			—			11,400,000			12,750,000			1,000,000			400,000

Shares redeemed		(100,000	)		(150,000	)		(8,250,000	)		(650,000	)		(800,000	)		—
Shares outstanding, end of year		750,000			650,000			16,550,000			13,400,000			1,100,000			900,000

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			137

Statements of Changes in Net Assets (continued)

WisdomTree International Dividend and Sector Funds


	WisdomTree Japan SmallCap Dividend Fund						WisdomTree Asia Pacific ex-Japan Fund						WisdomTree Australia Dividend Fund
	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2012			For the Year Ended March 31, 2011
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

Net investment income	$	3,372,566		$	3,530,671		$	2,598,061		$	3,422,364		$	2,966,522		$	4,257,602

Net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions		1,130,009			(618,739	)		4,585,308			(11,815	)		4,870,265			772,038

Net change in unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies		8,065,427			8,707,119			(8,049,230	)		8,273,031			(8,266,645	)		2,230,713
Net increase (decrease) in net assets resulting from operations		12,568,002			11,619,051			(865,861	)		11,683,580			(429,858	)		7,260,353
DIVIDENDS:

Net investment income		(4,623,191	)		(2,383,352	)		(2,604,968	)		(3,365,676	)		(3,116,253	)		(4,176,991	)
CAPITAL SHARE TRANSACTIONS:

Net proceeds from sale of shares		65,220,185			121,144,708			51,180,847			—			40,313,641			—

Cost of shares redeemed		(115,678,745	)		(52,544,856	)		(46,425,372	)		(8,963,414	)		(55,448,586	)		(40,285,077	)
Net increase (decrease) in net assets resulting from capital share transactions		(50,458,560	)		68,599,852			4,755,475			(8,963,414	)		(15,134,945	)		(40,285,077	)
Net Increase (Decrease) in Net Assets		(42,513,749	)		77,835,551			1,284,646			(645,510	)		(18,681,056	)		(37,201,715	)
NET ASSETS:

Beginning of year	$	235,685,462		$	157,849,911		$	88,387,788		$	89,033,298		$	80,136,891		$	117,338,606

End of year	$	193,171,713		$	235,685,462		$	89,672,434		$	88,387,788		$	61,455,835		$	80,136,891
Undistributed net investment income included in net assets at end of year	$	1,734,559		$	2,617,816		$	3,116		$	152,356		$	127,330		$	260,728
SHARES CREATED AND REDEEMED:

Shares outstanding, beginning of year		5,450,000			3,800,000			1,300,000			1,450,000			1,300,000			2,050,000

Shares created		1,550,000			2,950,000			800,000			—			700,000			—

Shares redeemed		(2,750,000	)		(1,300,000	)		(700,000	)		(150,000	)		(900,000	)		(750,000	)
Shares outstanding, end of year		4,250,000			5,450,000			1,400,000			1,300,000			1,100,000			1,300,000

See Notes to Financial Statements.


138		WisdomTree International Dividend and Sector Funds

Statements of Changes in Net Assets (continued)

WisdomTree International Dividend and Sector Funds


	WisdomTree International LargeCap Dividend Fund						WisdomTree International Dividend ex-Financials Fund						WisdomTree International MidCap Dividend Fund
	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2012			For the Year Ended March 31, 2011
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

Net investment income	$	6,063,873		$	5,122,716		$	9,296,419		$	6,468,151		$	4,782,460		$	4,408,386

Net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions		(712,258	)		(7,844,872	)		2,557,258			5,411,710			(3,830,338	)		(8,999,172	)

Net change in unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies		(12,411,541	)		14,632,223			(15,393,171	)		6,125,539			(13,503,994	)		22,823,910
Net increase (decrease) in net assets resulting from operations		(7,059,926	)		11,910,067			(3,539,494	)		18,005,400			(12,551,872	)		18,233,124
DIVIDENDS:

Net investment income		(6,055,172	)		(5,111,213	)		(8,893,281	)		(6,504,988	)		(4,866,057	)		(4,562,537	)
CAPITAL SHARE TRANSACTIONS:

Net proceeds from sale of shares		37,627,329			18,012,609			232,583,990			20,341,799			4,726,060			7,564,508

Cost of shares redeemed		(21,748,486	)		(9,946,346	)		(14,088,402	)		(46,250,816	)		(37,491,140	)		(11,298,397	)
Net increase (decrease) in net assets resulting from capital share transactions		15,878,843			8,066,263			218,495,588			(25,909,017	)		(32,765,080	)		(3,733,889	)
Net Increase (Decrease) in Net Assets		2,763,745			14,865,117			206,062,813			(14,408,605	)		(50,183,009	)		9,936,698
NET ASSETS:

Beginning of year	$	164,489,407		$	149,624,290		$	149,928,927		$	164,337,532		$	156,005,640		$	146,068,942

End of year	$	167,253,152		$	164,489,407		$	355,991,740		$	149,928,927		$	105,822,631		$	156,005,640
Undistributed net investment income included in net assets at end of year	$	310,663		$	338,266		$	455,453		$	154,944		$	441,765		$	529,799
SHARES CREATED AND REDEEMED:

Shares outstanding, beginning of year		3,450,000			3,300,000			3,200,000			3,850,000			2,900,000			3,000,000

Shares created		900,000			400,000			5,700,000			450,000			100,000			150,000

Shares redeemed		(450,000	)		(250,000	)		(350,000	)		(1,100,000	)		(800,000	)		(250,000	)
Shares outstanding, end of year		3,900,000			3,450,000			8,550,000			3,200,000			2,200,000			2,900,000

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			139

Statements of Changes in Net Assets (continued)

WisdomTree International Dividend and Sector Funds


	WisdomTree International SmallCap Dividend Fund						WisdomTree Emerging Markets Equity Income Fund						WisdomTree Emerging Markets SmallCap Dividend Fund
	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2012			For the Year Ended March 31, 2011
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

Net investment income	$	15,169,605		$	13,033,395		$	82,916,224		$	28,686,394		$	26,730,919		$	16,791,292

Net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions		(3,736,816	)		1,082,096			(17,309,221	)		24,026,620			6,185,094			20,653,525

Net change in unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies		(29,683,524	)		54,671,180			279,971			108,411,349			(97,689,850	)		75,870,725
Net increase (decrease) in net assets resulting from operations		(18,250,735	)		68,786,671			65,886,974			161,124,363			(64,773,837	)		113,315,542
DIVIDENDS:

Net investment income		(16,614,951	)		(12,889,846	)		(77,715,398	)		(27,419,477	)		(29,482,802	)		(16,528,911	)
CAPITAL SHARE TRANSACTIONS:

Net proceeds from sale of shares		14,562,054			7,115,479			2,547,732,465			761,512,984			285,736,124			603,777,470

Cost of shares redeemed		(31,135,099	)		(17,179,451	)		(220,269,968	)		(110,950,763	)		(96,074,894	)		(115,855,535	)
Net increase (decrease) in net assets resulting from capital share transactions		(16,573,045	)		(10,063,972	)		2,327,462,497			650,562,221			189,661,230			487,921,935
Net Increase (Decrease) in Net Assets		(51,438,731	)		45,832,853			2,315,634,073			784,267,107			95,404,591			584,708,566
NET ASSETS:

Beginning of year	$	475,703,074		$	429,870,221		$	1,325,256,700		$	540,989,593		$	927,462,981		$	342,754,415

End of year	$	424,264,343		$	475,703,074		$	3,640,890,773		$	1,325,256,700		$	1,022,867,572		$	927,462,981
Undistributed net investment income included in net assets at end of year	$	2,243,811		$	3,400,417		$	5,258,481		$	3,108,011		$	5,299,833		$	2,762,129
SHARES CREATED AND REDEEMED:

Shares outstanding, beginning of year		8,950,000			9,150,000			21,900,000			10,400,000			17,400,000			7,700,000

Shares created		300,000			150,000			45,400,000			13,800,000			5,900,000			12,300,000

Shares redeemed		(650,000	)		(350,000	)		(3,800,000	)		(2,300,000	)		(1,900,000	)		(2,600,000	)
Shares outstanding, end of year		8,600,000			8,950,000			63,500,000			21,900,000			21,400,000			17,400,000

See Notes to Financial Statements.


140		WisdomTree International Dividend and Sector Funds

Statements of Changes in Net Assets (continued)

WisdomTree International Dividend and Sector Funds


	WisdomTree Middle East Dividend Fund						WisdomTree International Hedged Equity Fund						WisdomTree Commodity Country Equity Fund
	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2012			For the Year Ended March 31, 2011
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

Net investment income	$	922,631		$	719,268		$	783,466		$	550,720		$	1,242,054		$	768,687

Net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions		(251,530	)		(379,688	)		210,038			(1,913,482	)		3,319,868			(1,547,200	)

Net change in unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies		(646,606	)		704,694			(1,882,498	)		2,487,486			(5,938,566	)		6,543,070
Net increase (decrease) in net assets resulting from operations		24,495			1,044,274			(888,994	)		1,124,724			(1,376,644	)		5,764,557
DIVIDENDS:

Net investment income		(1,062,273	)		(520,780	)		(714,387	)		(506,947	)		(1,222,114	)		(781,200	)
CAPITAL SHARE TRANSACTIONS:

Net proceeds from sale of shares		—			6,532,275			6,765,094			11,261,965			—			—

Cost of shares redeemed		(4,494,772	)		—			(4,623,324	)		—			(9,134,398	)		(10,948,551	)
Net increase (decrease) in net assets resulting from capital share transactions		(4,494,772	)		6,532,275			2,141,770			11,261,965			(9,134,398	)		(10,948,551	)
Net Increase (Decrease) in Net Assets		(5,532,550	)		7,055,769			538,389			11,879,742			(11,733,156	)		(5,965,194	)
NET ASSETS:

Beginning of year	$	19,571,040		$	12,515,271		$	21,424,760		$	9,545,018		$	43,172,106		$	49,137,300

End of year	$	14,038,490		$	19,571,040		$	21,963,149		$	21,424,760		$	31,438,950		$	43,172,106
Undistributed net investment income included in net assets at end of year	$	151,353		$	273,070		$	62,976		$	111,910		$	76,664		$	84,988
SHARES CREATED AND REDEEMED:

Shares outstanding, beginning of year		1,200,000			800,000			450,002			200,002			1,300,000			1,700,000

Shares created		—			400,000			150,000			250,000			—			—

Shares redeemed		(300,000	)		—			(100,002	)		—			(300,000	)		(400,000	)
Shares outstanding, end of year		900,000			1,200,000			500,000			450,002			1,000,000			1,300,000

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			141

Statements of Changes in Net Assets (concluded)

WisdomTree International Dividend and Sector Funds


	WisdomTree Global Natural Resources Fund						WisdomTree Global ex-U.S. Utilities Fund						WisdomTree Global ex-U.S. Real Estate Fund
	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2012			For the Year Ended March 31, 2011
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

Net investment income	$	1,420,138		$	1,550,210		$	1,464,845		$	1,620,265		$	5,224,292		$	3,499,775

Net realized gain (loss) on investments, forward foreign currency contracts and foreign currency related transactions		(789,924	)		(909,192	)		(11,238,294	)		(3,178,946	)		2,346,944			(9,494,166	)

Net change in unrealized appreciation (depreciation) on investments, forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies		(7,617,125	)		12,510,654			7,207,486			1,889,228			(13,825,355	)		24,163,353
Net increase (decrease) in net assets resulting from operations		(6,986,911	)		13,151,672			(2,565,963	)		330,547			(6,254,119	)		18,168,962
DIVIDENDS AND DISTRIBUTIONS:

Net investment income		(1,347,737	)		(1,511,977	)		(1,419,373	)		(1,705,615	)		(5,496,750	)		(10,473,002	)

Return of capital		—			—			—			—			(371,334	)		—
Total dividends and distributions		(1,347,737	)		(1,511,977	)		(1,419,373	)		(1,705,615	)		(5,868,084	)		(10,473,002	)
CAPITAL SHARE TRANSACTIONS:

Net proceeds from sale of shares		4,039,593			22,597,082			1,931,981			—			20,078,805			31,927,456

Cost of shares redeemed		(13,525,579	)		(30,532,835	)		(5,041,058	)		(10,637,587	)		(22,405,761	)		(1,228,615	)
Net increase (decrease) in net assets resulting from capital share transactions		(9,485,986	)		(7,935,753	)		(3,109,077	)		(10,637,587	)		(2,326,956	)		30,698,841	��
Net Increase (Decrease) in Net Assets		(17,820,634	)		3,703,942			(7,094,413	)		(12,012,655	)		(14,449,159	)		38,394,801
NET ASSETS:

Beginning of year	$	49,272,630		$	45,568,688		$	37,335,361		$	49,348,016		$	122,670,380		$	84,275,579

End of year	$	31,451,996		$	49,272,630		$	30,240,948		$	37,335,361		$	108,221,221		$	122,670,380
Undistributed (Distributions in excess of) net investment income included in net assets at end of year	$	17,759		$	6,966		$	68,845		$	75,147		$	(4,245,470	)	$	(10,265,152	)
SHARES CREATED AND REDEEMED:

Shares outstanding, beginning of year		1,650,000			1,850,000			1,750,000			2,300,000			4,250,000			3,150,000

Shares created		150,000			950,000			100,000			—			750,000			1,150,000

Shares redeemed		(550,000	)		(1,150,000	)		(250,000	)		(550,000	)		(900,000	)		(50,000	)
Shares outstanding, end of year		1,250,000			1,650,000			1,600,000			1,750,000			4,100,000			4,250,000

See Notes to Financial Statements.


142		WisdomTree International Dividend and Sector Funds

Financial Highlights

WisdomTree International Dividend and Sector Funds

March 31, 2012

Selected data for a share of beneficial interest outstanding throughout the period is presented below:


WisdomTree DEFA Fund	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010			For the Year Ended March 31, 2009			For the Year Ended March 31, 2008
Net asset value, beginning of year	$	49.51		$	46.13		$	32.00		$	63.02		$	64.15
Investment operations:
Net investment income¹		1.90			1.58			2.00			1.89			1.70
Net realized and unrealized gain (loss)		(4.99	)		3.39			14.24			(31.04	)		(1.92	)
Total from investment operations		(3.09	)		4.97			16.24			(29.15	)		(0.22	)
Dividends and distributions to shareholders:
Net investment income		(1.89	)		(1.59	)		(2.11	)		(1.87	)		(0.91	)
Capital gains		—			—			—			—			(0.00	)²
Total dividends and distributions to shareholders		(1.89	)		(1.59	)		(2.11	)		(1.87	)		(0.91	)
Net asset value, end of year	$	44.53		$	49.51		$	46.13		$	32.00		$	63.02

TOTAL RETURN³		(6.18	)%		11.33	%		51.43	%		(46.61	)%		(0.44	)%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of year (000’s omitted)	$	385,202		$	457,997		$	435,906		$	302,385		$	425,386
Ratio to average net assets⁴ of:
Expenses, net of expense reimbursements/waivers		0.48	%		0.48	%		0.19	%^*		0.48	%		0.48	%
Expenses, prior to expense reimbursements/waivers		0.48	%		0.48	%		0.48	%		0.48	%		0.48	%
Net investment income		4.22	%		3.50	%		4.63	%		4.01	%		2.54	%
Portfolio turnover rate⁵		27	%		30	%		97	%		30	%		10	%



WisdomTree DEFA Equity Income Fund	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010			For the Year Ended March 31, 2009			For the Year Ended March 31, 2008
Net asset value, beginning of year	$	43.82		$	41.85		$	28.43		$	60.10		$	63.62
Investment operations:
Net investment income¹		1.90			1.75			1.56			2.45			2.20
Net realized and unrealized gain (loss)		(5.17	)		2.01			13.44			(31.09	)		(3.78	)
Total from investment operations		(3.27	)		3.76			15.00			(28.64	)		(1.58	)
Dividends to shareholders:
Net investment income		(1.91	)		(1.79	)		(1.58	)		(3.03	)		(1.94	)
Net asset value, end of year	$	38.64		$	43.82		$	41.85		$	28.43		$	60.10

TOTAL RETURN³		(7.45	)%		9.74	%		53.57	%		(48.27	)%		(2.72	)%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of year (000’s omitted)	$	175,809		$	131,454		$	142,297		$	88,123		$	240,408
Ratio to average net assets⁴ of:
Expenses, net of expense reimbursements/waivers		0.58	%		0.58	%		0.58	%		0.58	%		0.58	%
Expenses, prior to expense reimbursements/waivers		0.58	%		0.58	%		0.58	%		0.58	%		0.58	%
Net investment income		4.84	%		4.39	%		3.91	%		5.27	%		3.32	%
Portfolio turnover rate⁵		32	%		34	%		36	%		40	%		16	%

^*	Reflects the Fund’s advisory fees, after waiver, and the fees and expenses of the underlying funds that were paid indirectly by the Fund during the period when the Fund operated as a “fund of funds.”

¹	Based on average shares outstanding.

²	Amount is less than $0.005.

⁴	The ratios to average net assets do not include net investment income (loss) or expenses of the affiliated funds in which the Fund invests.

⁵	Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares.

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			143

Financial Highlights (continued)

WisdomTree International Dividend and Sector Funds

March 31, 2012

Selected data for a share of beneficial interest outstanding throughout the period is presented below:


WisdomTree Global Equity Income Fund	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010¹			For the Year Ended March 31, 2009			For the Year Ended March 31, 2008
Net asset value, beginning of year	$	44.66		$	40.99		$	26.84		$	58.90		$	63.15
Investment operations:
Net investment income²		1.86			1.52			2.07			2.32			2.16
Net realized and unrealized gain (loss)		(3.14	)		3.63			14.28			(31.66	)		(4.38	)
Total from investment operations		(1.28	)		5.15			16.35			(29.34	)		(2.22	)
Dividends and distributions to shareholders:
Net investment income		(1.88	)		(1.48	)		(2.20	)		(2.72	)		(2.03	)
Capital gains		—			—			—			—			(0.00	)³
Total dividends and distributions to shareholders		(1.88	)		(1.48	)		(2.20	)		(2.72	)		(2.03	)
Net asset value, end of year	$	41.50		$	44.66		$	40.99		$	26.84		$	58.90

TOTAL RETURN⁴		(2.70	)%		13.12	%		62.13	%		(50.56	)%		(3.76	)%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of year (000’s omitted)	$	91,304		$	78,147		$	43,042		$	18,787		$	47,122
Ratio to average net assets⁵ of:
Expenses, net of expense reimbursements/waivers		0.58	%		0.58	%		0.26	%^*		0.58	%		0.58	%
Expenses, prior to expense reimbursements/waivers		0.58	%		0.58	%		0.58	%		0.58	%		0.58	%
Net investment income		4.53	%		3.74	%		5.49	%		5.16	%		3.32	%
Portfolio turnover rate⁶		25	%		35	%		94	%		47	%		21	%



WisdomTree Europe SmallCap Dividend Fund	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010			For the Year Ended March 31, 2009			For the Year Ended March 31, 2008
Net asset value, beginning of year	$	44.44		$	37.62		$	22.44		$	58.47		$	70.15
Investment operations:
Net investment income²		1.44			1.09			0.99			2.50			2.32
Net realized and unrealized gain (loss)		(5.74	)		6.85			15.37			(35.53	)		(9.78	)
Total from investment operations		(4.30	)		7.94			16.36			(33.03	)		(7.46	)
Dividends to shareholders:
Net investment income		(1.92	)		(1.12	)		(1.18	)		(3.00	)		(4.22	)
Net asset value, end of year	$	38.22		$	44.44		$	37.62		$	22.44		$	58.47

TOTAL RETURN⁴		(9.80	)%		21.86	%		74.18	%		(56.75	)%		(10.72	)%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of year (000’s omitted)	$	28,668		$	28,889		$	30,095		$	13,467		$	46,778
Ratio to average net assets⁵ of:
Expenses, net of expense reimbursements/waivers		0.58	%		0.58	%		0.58	%		0.58	%		0.58	%
Expenses, prior to expense reimbursements/waivers		0.58	%		0.58	%		0.58	%		0.58	%		0.58	%
Net investment income		3.79	%		2.81	%		2.92	%		6.03	%		3.33	%
Portfolio turnover rate⁶		58	%		60	%		55	%		63	%		22	%

^*	Reflects the Fund’s advisory fees, after waiver, and the fees and expenses of the underlying funds that were paid indirectly by the Fund during the period when the Fund operated as a “fund of funds.”

¹	This information reflects the investment objective and strategy of the WisdomTree Europe Equity Income Fund through June 19, 2009 and the investment objective and strategy of the WisdomTree Global Equity Income Fund thereafter.

²	Based on average shares outstanding.

³	Amount is less than $0.005.

⁴

⁵	The ratios to average net assets do not include net investment income (loss) or expenses of the affiliated funds in which the Fund invests.

⁶	Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares.

See Notes to Financial Statements.


144		WisdomTree International Dividend and Sector Funds

Financial Highlights (continued)

WisdomTree International Dividend and Sector Funds

March 31, 2012

Selected data for a share of beneficial interest outstanding throughout the period is presented below:


WisdomTree Japan Hedged Equity Fund	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010			For the Year Ended March 31, 2009			For the Year Ended March 31, 2008
Net asset value, beginning of year	$	36.94		$	42.12		$	32.02		$	48.34		$	57.00
Investment operations:
Net investment income¹		0.81			1.79			0.73			0.57			0.64
Net realized and unrealized gain (loss)		(0.34	)		(6.52	)		9.89			(16.09	)		(8.82	)
Total from investment operations		0.47			(4.73	)		10.62			(15.52	)		(8.18	)
Dividends to shareholders:
Net investment income		(0.75	)		(0.45	)		(0.52	)		(0.80	)		(0.48	)
Net asset value, end of year	$	36.66		$	36.94		$	42.12		$	32.02		$	48.34

TOTAL RETURN²		1.46	%		(11.25	)%		33.33	%		(32.36	)%		(14.39	)%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of year (000’s omitted)	$	606,707		$	494,981		$	54,751		$	19,212		$	29,004
Ratio to average net assets³ of:
Expenses, net of expense reimbursements/waivers		0.48	%		0.48	%		0.48	%		0.48	%		0.48	%
Expenses, prior to expense reimbursements/waivers		0.48	%		0.48	%		0.48	%		0.48	%		0.48	%
Net investment income		2.41	%		5.40	%		1.72	%		1.38	%		1.17	%
Portfolio turnover rate⁴		41	%		28	%		13	%		11	%		1	%



WisdomTree Global ex-U.S. Growth Fund	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010⁵			For the Year Ended March 31, 2009			For the Year Ended March 31, 2008
Net asset value, beginning of year	$	54.94		$	49.61		$	35.41		$	49.59		$	59.42
Investment operations:
Net investment income¹		1.39			1.41			1.11			0.75			0.65
Net realized and unrealized gain (loss)		(4.32	)		5.22			14.94			(13.89	)		(9.50	)
Total from investment operations		(2.93	)		6.63			16.05			(13.14	)		(8.85	)
Dividends to shareholders:
Net investment income		(1.31	)		(1.30	)		(1.85	)		(1.04	)		(0.98	)
Net asset value, end of year	$	50.70		$	54.94		$	49.61		$	35.41		$	49.59

TOTAL RETURN²		(5.20	)%		13.67	%		46.04	%		(26.84	)%		(14.96	)%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of year (000’s omitted)	$	55,774		$	49,446		$	24,805		$	21,245		$	29,754
Ratio to average net assets³ of:
Expenses, net of expense reimbursements/waivers		0.58	%⁶		0.57	%⁶		0.58	%⁶		0.58	%		0.58	%
Expenses, prior to expense reimbursements/waivers		0.58	%		0.58	%		0.58	%		0.58	%		0.58	%
Net investment income		2.73	%		2.80	%		2.54	%		1.70	%		1.18	%
Portfolio turnover rate⁴		28	%		68	%		121	%		47	%		1	%

¹	Based on average shares outstanding.

³	The ratios to average net assets do not include net investment income (loss) or expenses of the affiliated funds in which the Fund invests.

⁴	Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares.

⁵	This information reflects the investment objective and strategy of the WisdomTree World ex-U.S. Growth Fund through June 19, 2011 and the investment objective and strategy of the WisdomTree Global ex-U.S. Growth Fund thereafter.

⁶	Reflects the Fund’s advisory fees, after waiver, and the fees and expenses of the WisdomTree India Earnings Fund that were paid indirectly by the Fund. The Fund invests a portion of its assets in the WisdomTree India Earnings Fund in order to achieve exposure to securities in India.

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			145

Financial Highlights (continued)

WisdomTree International Dividend and Sector Funds

March 31, 2012

Selected data for a share of beneficial interest outstanding throughout the period is presented below:


WisdomTree Japan SmallCap Dividend Fund	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010			For the Year Ended March 31, 2009			For the Year Ended March 31, 2008
Net asset value, beginning of year	$	43.25		$	41.54		$	31.47		$	44.29		$	52.33
Investment operations:
Net investment income¹		0.68			0.99			0.79			0.64			0.69
Net realized and unrealized gain (loss)		2.42			1.47			9.96			(12.97	)		(8.12	)
Total from investment operations		3.10			2.46			10.75			(12.33	)		(7.43	)
Dividends to shareholders:
Net investment income		(0.90	)		(0.75	)		(0.68	)		(0.49	)		(0.61	)
Net asset value, end of year	$	45.45		$	43.25		$	41.54		$	31.47		$	44.29

TOTAL RETURN²		7.36	%		6.02	%		34.37	%		(27.98	)%		(14.23	)%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of year (000’s omitted)	$	193,172		$	235,685		$	157,850		$	66,078		$	75,300
Ratio to average net assets³ of:
Expenses, net of expense reimbursements/waivers		0.58	%		0.58	%		0.58	%		0.58	%		0.58	%
Expenses, prior to expense reimbursements/waivers		0.58	%		0.58	%		0.58	%		0.58	%		0.58	%
Net investment income		1.58	%		2.51	%		2.09	%		1.68	%		1.44	%
Portfolio turnover rate⁴		36	%		39	%		45	%		16	%		3	%



WisdomTree Asia-Pacific ex-Japan Fund	For the Year Ended March 31, 2012⁵			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010			For the Year Ended March 31, 2009			For the Year Ended March 31, 2008
Net asset value, beginning of year	$	67.99		$	61.40		$	37.09		$	73.00		$	67.57
Investment operations:
Net investment income¹		2.14			2.51			1.79			2.86			2.69
Net realized and unrealized gain (loss)		(3.85	)		6.59			24.23			(34.08	)		4.61
Total from investment operations		(1.71	)		9.10			26.02			(31.22	)		7.30
Dividends to shareholders:
Net investment income		(2.23	)		(2.51	)		(1.71	)		(4.69	)		(1.87	)
Net asset value, end of year	$	64.05		$	67.99		$	61.40		$	37.09		$	73.00

TOTAL RETURN²		(2.22	)%		15.33	%		70.97	%		(42.77	)%		(10.58	)%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of year (000’s omitted)	$	89,672		$	88,388		$	89,033		$	37,086		$	146,008
Ratio to average net assets³ of:
Expenses, net of expense reimbursements/waivers		0.48	%		0.48	%		0.48	%		0.48	%		0.48	%
Expenses, prior to expense reimbursements/waivers		0.48	%		0.48	%		0.48	%		0.48	%		0.48	%
Net investment income		3.42	%		4.05	%		3.11	%		4.76	%		3.42	%
Portfolio turnover rate⁴		60	%		27	%		18	%		31	%		12	%

¹	Based on average shares outstanding.

³	The ratios to average net assets do not include net investment income (loss) or expenses of the affiliated funds in which the Fund invests.

⁴	Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares.

⁵	This information reflects the investment objective and strategy of the WisdomTree Pacific ex-Japan Total Dividend Fund through June 19, 2011 and the investment objective and strategy of the WisdomTree Asia Pacific ex-Japan Fund thereafter.

See Notes to Financial Statements.


146		WisdomTree International Dividend and Sector Funds

Financial Highlights (continued)

WisdomTree International Dividend and Sector Funds

March 31, 2012

Selected data for a share of beneficial interest outstanding throughout the period is presented below:


WisdomTree Australia Dividend Fund	For the Year Ended March 31, 2012¹			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010			For the Year Ended March 31, 2009			For the Year Ended March 31, 2008
Net asset value, beginning of year	$	61.64		$	57.24		$	30.80		$	63.30		$	67.08
Investment operations:
Net investment income²		2.87			2.99			2.23			3.00			3.24
Net realized and unrealized gain (loss)		(5.48	)		4.62			26.27			(31.22	)		(3.40	)
Total from investment operations		(2.61	)		7.61			28.50			(28.22	)		(0.16	)
Dividends and distributions to shareholders:
Net investment income		(3.16	)		(3.21	)		(2.06	)		(4.28	)		(3.48	)
Capitals gains		—			—			—			—			(0.14	)
Total dividends and distributions to shareholders		(3.16	)		(3.21	)		(2.06	)		(4.28	)		(3.62	)
Net asset value, end of year	$	55.87		$	61.64		$	57.24		$	30.80		$	63.30

TOTAL RETURN³		(3.86	)%		14.03	%		93.79	%		(44.42	)%		(0.69	)%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of year (000’s omitted)	$	61,456		$	80,137		$	117,339		$	21,559		$	56,966
Ratio to average net assets⁴ of:
Expenses, net of expense reimbursements/waivers		0.58	%		0.58	%		0.58	%		0.58	%		0.58	%
Expenses, prior to expense reimbursements/waivers		0.58	%		0.58	%		0.58	%		0.58	%		0.58	%
Net investment income		5.18	%		5.42	%		4.25	%		6.25	%		4.42	%
Portfolio turnover rate⁵		68	%		46	%		25	%		55	%		16	%



WisdomTree International LargeCap Dividend Fund	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010			For the Year Ended March 31, 2009			For the Year Ended March 31, 2008
Net asset value, beginning of year	$	47.68		$	45.34		$	31.57		$	61.86		$	62.55
Investment operations:
Net investment income²		1.86			1.56			1.50			2.11			1.80
Net realized and unrealized gain (loss)		(4.75	)		2.37			13.91			(29.98	)		(1.11	)
Total from investment operations		(2.89	)		3.93			15.41			(27.87	)		0.69
Dividends to shareholders:
Net investment income		(1.90	)		(1.59	)		(1.64	)		(2.42	)		(1.38	)
Net asset value, end of year	$	42.89		$	47.68		$	45.34		$	31.57		$	61.86

TOTAL RETURN³		(6.02	)%		9.21	%		49.56	%		(45.57	)%		0.93	%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of year (000’s omitted)	$	167,253		$	164,489		$	149,624		$	78,928		$	154,658
Ratio to average net assets⁴ of:
Expenses, net of expense reimbursements/waivers		0.48	%		0.48	%		0.48	%		0.48	%		0.48	%
Expenses, prior to expense reimbursements/waivers		0.48	%		0.48	%		0.48	%		0.48	%		0.48	%
Net investment income		4.34	%		3.56	%		3.54	%		4.38	%		2.69	%
Portfolio turnover rate⁵		23	%		22	%		26	%		30	%		15	%

¹	This information reflects the investment objective and strategy of the WisdomTree Pacific ex-Japan Equity Income Fund through June 19, 2011 and the investment objective and strategy of the WisdomTree Australia Dividend Fund thereafter.

²	Based on average shares outstanding.

⁴	The ratios to average net assets do not include net investment income (loss) or expenses of the affiliated funds in which the Fund invests.

⁵	Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares.

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			147

Financial Highlights (continued)

WisdomTree International Dividend and Sector Funds

March 31, 2012

Selected data for a share of beneficial interest outstanding throughout the period is presented below:


WisdomTree International Dividend ex-Financials Fund	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010¹			For the Year Ended March 31, 2009			For the Year Ended March 31, 2008
Net asset value, beginning of year	$	46.85		$	42.69		$	28.46		$	64.01		$	66.37
Investment operations:
Net investment income²		1.74			1.83			1.50			2.93			2.29
Net realized and unrealized gain (loss)		(5.11	)		4.21			14.24			(34.43	)		(2.86	)
Total from investment operations		(3.37	)		6.04			15.74			(31.50	)		(0.57	)
Dividends to shareholders:
Net investment income		(1.84	)		(1.88	)		(1.51	)		(4.05	)		(1.79	)
Net asset value, end of year	$	41.64		$	46.85		$	42.69		$	28.46		$	64.01

TOTAL RETURN³		(7.24	)%		14.93	%		56.27	%		(49.95	)%		1.05	%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of year (000’s omitted)	$	355,992		$	149,929		$	164,338		$	105,305		$	390,485
Ratios to average net assets⁴ of:
Expenses, net of expense reimbursements/waivers		0.58	%		0.58	%		0.58	%		0.58	%		0.58	%
Expenses, prior to expense reimbursements/waivers		0.58	%		0.58	%		0.58	%		0.58	%		0.58	%
Net investment income		4.20	%		4.30	%		3.81	%		5.90	%		3.28	%
Portfolio turnover rate⁵		28	%		52	%		69	%		55	%		24	%



WisdomTree International MidCap Dividend Fund	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010			For the Year Ended March 31, 2009			For the Year Ended March 31, 2008
Net asset value, beginning of year	$	53.80		$	48.69		$	31.55		$	62.60		$	67.56
Investment operations:
Net investment income²		1.79			1.53			1.26			1.82			1.92
Net realized and unrealized gain (loss)		(5.69	)		5.19			17.27			(30.64	)		(4.95	)
Total from investment operations		(3.90	)		6.72			18.53			(28.82	)		(3.03	)
Dividends and distributions to shareholders:
Net investment income		(1.80	)		(1.61	)		(1.39	)		(2.23	)		(1.81	)
Capital gains		—			—			—			—			(0.12	)
Total dividends and distributions to shareholders		(1.80	)		(1.61	)		(1.39	)		(2.23	)		(1.93	)
Net asset value, end of year	$	48.10		$	53.80		$	48.69		$	31.55		$	62.60

TOTAL RETURN³		(7.21	)%		14.38	%		59.59	%		(46.43	)%		(4.61	)%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of year (000’s omitted)	$	105,823		$	156,006		$	146,069		$	88,334		$	219,104
Ratios to average net assets⁴ of:
Expenses, net of expense reimbursements/waivers		0.58	%		0.58	%		0.58	%		0.58	%		0.58	%
Expenses, prior to expense reimbursements/waivers		0.58	%		0.58	%		0.58	%		0.58	%		0.58	%
Net investment income		3.69	%		3.14	%		2.88	%		3.80	%		2.76	%
Portfolio turnover rate⁵		47	%		40	%		49	%		32	%		18	%

¹	This information reflects the investment objective and strategy of the WisdomTree International Dividend Top 100 Fund through May 8, 2009 and the investment objective and strategy of the WisdomTree International Dividend ex-Financials Fund thereafter.

²	Based on average shares outstanding.

⁴	The ratios to average net assets do not include net investment income (loss) or expenses of the affiliated funds in which the Fund invests.

⁵	Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares.

See Notes to Financial Statements.


148		WisdomTree International Dividend and Sector Funds

Financial Highlights (continued)

WisdomTree International Dividend and Sector Funds

March 31, 2012

Selected data for a share of beneficial interest outstanding throughout the period is presented below:


WisdomTree International SmallCap Dividend Fund	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010			For the Year Ended March 31, 2009			For the Year Ended March 31, 2008
Net asset value, beginning of year	$	53.15		$	46.98		$	29.08		$	61.11		$	67.80
Investment operations:
Net investment income¹		1.77			1.43			1.20			1.91			1.86
Net realized and unrealized gain (loss)		(3.66	)		6.14			17.91			(31.83	)		(7.08	)
Total from investment operations		(1.89	)		7.57			19.11			(29.92	)		(5.22	)
Dividends and distributions to shareholders:
Net investment income		(1.93	)		(1.40	)		(1.21	)		(2.11	)		(1.41	)
Capital gains		—			—			—			—			(0.06	)
Total dividends and distributions to shareholders		(1.93	)		(1.40	)		(1.21	)		(2.11	)		(1.47	)
Net asset value, end of year	$	49.33		$	53.15		$	46.98		$	29.08		$	61.11

TOTAL RETURN²		(3.41	)%		16.64	%		66.50	%		(49.23	)%		(7.79	)%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of year (000’s omitted)	$	424,264		$	475,703		$	429,870		$	244,307		$	482,761
Ratios to average net assets³ of:
Expenses, net of expense reimbursements/waivers		0.58	%		0.58	%		0.58	%		0.58	%		0.58	%
Expenses, prior of expense reimbursements/waivers		0.58	%		0.58	%		0.58	%		0.58	%		0.58	%
Net investment income		3.65	%		2.99	%		2.87	%		4.31	%		2.71	%
Portfolio turnover rate⁴		52	%		55	%		63	%		43	%		17	%



WisdomTree Emerging Markets Equity Income Fund	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010			For the Year Ended March 31, 2009			For the Period July 13, 2007* through March 31, 2008
Net asset value, beginning of period	$	60.51		$	52.02		$	31.11		$	51.82		$	50.68
Investment operations:
Net investment income¹		2.25			1.89			1.48			2.01			1.12
Net realized and unrealized gain (loss)		(3.11	)		8.55			21.00			(20.76	)		0.51
Total from investment operations		(0.86	)		10.44			22.48			(18.75	)		1.63
Dividends to shareholders:
Net investment income		(2.31	)		(1.95	)		(1.57	)		(1.96	)		(0.49	)
Net asset value, end of period	$	57.34		$	60.51		$	52.02		$	31.11		$	51.82

TOTAL RETURN²		(1.03	)%		20.75	%		73.33	%		(36.21	)%		3.23	%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of period (000’s omitted)	$	3,640,891		$	1,325,257		$	540,990		$	177,355		$	165,813
Ratios to average net assets³ of:
Expenses, net of expense reimbursements/waivers		0.63	%		0.63	%		0.63	%		0.63	%		0.63	%⁵
Expenses, prior of expense reimbursements/waivers		0.63	%		0.63	%		0.63	%		0.63	%		0.63	%⁵
Net investment income		4.12	%		3.47	%		3.26	%		4.96	%		3.18	%⁵
Portfolio turnover rate⁴		37	%		33	%		44	%		67	%		3	%

*	Commencement of investment operations.

¹	Based on average shares outstanding.

³	The ratios to average net assets do not include net investment income (loss) or expenses of the affiliated funds in which the Fund invests.

⁴	Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares.

⁵	Annualized.

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			149

Financial Highlights (continued)

WisdomTree International Dividend and Sector Funds

March 31, 2012

Selected data for a share of beneficial interest outstanding throughout the period is presented below:


WisdomTree Emerging Markets SmallCap Dividend Fund	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010			For the Year Ended March 31, 2009			For the Period October 30, 2007* through March 31, 2008
Net asset value, beginning of period	$	53.30		$	44.51		$	24.62		$	43.95		$	51.50
Investment operations:
Net investment income¹		1.47			1.32			1.02			1.56			0.37
Net realized and unrealized gain (loss)		(5.31	)		8.86			20.00			(19.57	)		(7.87	)
Total from investment operations		(3.84	)		10.18			21.02			(18.01	)		(7.50	)
Dividends to shareholders:
Net investment income		(1.66	)		(1.39	)		(1.13	)		(1.32	)		(0.05	)
Net asset value, end of period	$	47.80		$	53.30		$	44.51		$	24.62		$	43.95

TOTAL RETURN²		(6.88	)%		23.38	%		86.26	%		(40.81	)%		(14.57	)%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of period (000’s omitted)	$	1,022,868		$	927,463		$	342,754		$	51,706		$	52,742
Ratios to average net assets⁵ of:
Expenses, net of expense reimbursements/waivers		0.63	%⁴		0.63	%⁴		0.63	%⁴		0.63	%		0.63	%³
Expenses, prior to expense reimbursements/waivers		0.63	%		0.63	%		0.63	%		0.63	%		0.63	%³
Net investment income		3.13	%		2.68	%		2.59	%		4.98	%		1.99	%³
Portfolio turnover rate⁶		53	%		35	%		38	%		64	%		6	%



WisdomTree Middle East Dividend Fund	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010			For the Period July 16, 2008* through March 31, 2009
Net asset value, beginning of period	$	16.31		$	15.64		$	12.13		$	24.59
Investment operations:
Net investment income¹		0.83			0.68			0.53			0.32
Net realized and unrealized gain (loss)		(0.61	)		0.49			3.68			(12.78	)
Total from investment operations		0.22			1.17			4.21			(12.46	)
Dividends to shareholders:
Net investment income		(0.93	)		(0.50	)		(0.70	)		—
Net asset value, end of period	$	15.60		$	16.31		$	15.64		$	12.13

TOTAL RETURN²		1.35	%		7.95	%		35.25	%		(50.67	)%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of period (000’s omitted)	$	14,038		$	19,571		$	12,515		$	7,279
Ratios to average net assets⁵ of:
Expenses, net of expense reimbursements/waivers		0.88	%		0.88	%		0.88	%		0.88	%³
Expenses, prior to expense reimbursements/waivers		1.83	%		2.17	%		1.30	%		1.49	%³
Net investment income		5.31	%		4.33	%		3.63	%		2.86	%³
Portfolio turnover rate⁶		37	%		50	%		96	%		26	%

*	Commencement of investment operations.

¹	Based on average shares outstanding.

³	Annualized.

⁴	Reflects the Fund’s advisory fees, after waiver, and the fees and expenses of the WisdomTree India Earnings Fund that were paid indirectly by the Fund. The Fund invests a portion of its assets in the WisdomTree India Earnings Fund in order to achieve exposure to securities in India.

⁵	The ratios to average net assets do not include net investment income income (loss) or expenses of the affiliated funds in which the Fund invests.

⁶	Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares.

See Notes to Financial Statements.


150		WisdomTree International Dividend and Sector Funds

Financial Highlights (continued)

WisdomTree International Dividend and Sector Funds

March 31, 2012

Selected data for a share of beneficial interest outstanding throughout the period is presented below:


WisdomTree International Hedged Equity Fund	For the Year Ended March 31, 2012			For the Year Ended March 31, 2011			For the Period December 31, 2009* through March 31, 2010
Net asset value, beginning of period	$	47.61		$	47.72		$	46.92
Investment operations:
Net investment income¹		1.73			1.43			0.29
Net realized and unrealized gain (loss)		(3.84	)		(0.02	)		0.64
Total from investment operations		(2.11	)		1.41			0.93
Dividends and distributions to shareholders:
Net investment income		(1.57	)		(1.52	)		(0.13	)
Capital gains		—			—			0.00	²
Total dividends and distributions to shareholders		(1.57	)		(1.52	)		(0.13	)
Net asset value, end of period	$	43.93		$	47.61		$	47.72

TOTAL RETURN³		(4.41	)%		3.27	%		1.98	%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of period (000’s omitted)	$	21,963		$	21,425		$	9,545
Ratios to average net assets⁵ of:
Expenses, net of expense reimbursements/waivers		0.58	%		0.58	%		0.47	%^**4
Expenses, prior to expense reimbursements/waivers		1.25	%		1.65	%		0.58	%⁴
Net investment income		3.99	%		3.11	%		2.53	%⁴
Portfolio turnover rate⁶		42	%		38	%		79	%



WisdomTree Commodity Country Equity Fund	For the Year Ended March 31, 2012⁷			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010			For the Year Ended March 31, 2009			For the Year Ended March 31, 2008
Net asset value, beginning of year	$	33.21		$	28.90		$	16.04		$	35.96		$	32.03
Investment operations:
Net investment income¹		1.09			0.53			0.47			0.65			0.61
Net realized and unrealized gain (loss)		(1.76	)		4.33			12.80			(19.29	)		3.58
Total from investment operations		(0.67	)		4.86			13.27			(18.64	)		4.19
Dividends and distributions to shareholders:
Net investment income		(1.10	)		(0.55	)		(0.41	)		(1.28	)		(0.26	)
Capital gains		—			—			—			—			0.00	²
Total dividends and distributions to shareholders		(1.10	)		(0.55	)		(0.41	)		(1.28	)		(0.26	)
Net asset value, end of year	$	31.44		$	33.21		$	28.90		$	16.04		$	35.96

TOTAL RETURN³		(1.77	)%		17.31	%		83.44	%		(52.10	)%		13.09	%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of year (000’s omitted)	$	31,439		$	43,172		$	49,137		$	22,460		$	93,507
Ratios to average net assets⁵ of:
Expenses, net of expense reimbursements/waivers		0.58	%		0.58	%		0.58	%		0.58	%		0.58	%
Expenses, prior to expense reimbursements/waivers		0.58	%		0.58	%		0.58	%		0.58	%		0.58	%
Net investment income		3.52	%		1.86	%		1.91	%		2.21	%		1.62	%
Portfolio turnover rate⁶		116	%		35	%		25	%		53	%		11	%

*	Commencement of investment operations.

**	Reflects the Fund’s advisory fees, after waiver, and the fees and expenses of the underlying funds that were paid indirectly by the Fund during the period when the Fund operated as a “fund of funds”.

¹	Based on average shares outstanding.

²	Amount represents less than $0.005.

⁴	Annualized.

⁵	The ratios to average net assets do not include net investment income (loss) or expenses of the affiliated funds in which the Fund invests.

⁶	Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares.

⁷	This information reflects the investment objective and strategy of the WisdomTree International Basic Materials Sector Fund through June 19, 2011 and the investment objective and strategy of the WisdomTree Commodity Country Equity Fund thereafter.

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			151

Financial Highlights (continued)

WisdomTree International Dividend and Sector Funds

March 31, 2012

Selected data for a share of beneficial interest outstanding throughout the period is presented below:


WisdomTree Global Natural Resources Fund	For the Year Ended March 31, 2012¹			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010			For the Year Ended March 31, 2009			For the Year Ended March 31, 2008
Net asset value, beginning of year	$	29.86		$	24.63		$	18.61		$	31.98		$	28.55
Investment operations:
Net investment income²		0.93			0.72			0.80			1.01			0.79
Net realized and unrealized gain (loss)		(4.74	)		5.19			6.07			(12.84	)		3.18
Total from investment operations		(3.81	)		5.91			6.87			(11.83	)		3.97
Dividends and distributions to shareholders:
Net investment income		(0.89	)		(0.68	)		(0.85	)		(1.54	)		(0.53	)
Capital gains		—			—			—			—			(0.01	)
Total dividends and distributions to shareholders		(0.89	)		(0.68	)		(0.85	)		(1.54	)		(0.54	)
Net asset value, end of year	$	25.16		$	29.86		$	24.63		$	18.61		$	31.98

TOTAL RETURN³		(12.70	)%		24.74	%		37.29	%		(37.05	)%		13.84	%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of year (000’s omitted)	$	31,452		$	49,273		$	45,569		$	22,332		$	57,562
Ratios to average net assets⁴ of:
Expenses, net of expense reimbursements/waivers		0.58	%		0.58	%		0.58	%		0.58	%		0.58	%
Expenses, prior to expense reimbursements/waivers		0.58	%		0.58	%		0.58	%		0.58	%		0.58	%
Net investment income		3.54	%		2.90	%		3.36	%		3.49	%		2.43	%
Portfolio turnover rate⁵		99	%		32	%		16	%		38	%		13	%



WisdomTree Global ex-U.S. Utilities Fund	For the Year Ended March 31, 2012⁶			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010			For the Year Ended March 31, 2009			For the Year Ended March 31, 2008
Net asset value, beginning of year	$	21.33		$	21.46		$	17.78		$	32.73		$	29.71
Investment operations:
Net investment income²		0.87			0.84			0.87			1.25			0.55
Net realized and unrealized gain (loss)		(2.45	)		(0.06	)		3.77			(14.74	)		2.75
Total from investment operations		(1.58	)		0.78			4.64			(13.49	)		3.30
Dividends and distributions to shareholders:
Net investment income		(0.85	)		(0.91	)		(0.96	)		(1.46	)		(0.28	)
Capital gains		—			—			—			—			(0.00	)⁷
Total dividends and distributions to shareholders		(0.85	)		(0.91	)		(0.96	)		(1.46	)		(0.28	)
Net asset value, end of year	$	18.90		$	21.33		$	21.46		$	17.78		$	32.73

TOTAL RETURN³		(7.41	)%		4.27	%		26.42	%		(42.00	)%		11.05	%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of year (000’s omitted)	$	30,241		$	37,335		$	49,348		$	28,455		$	78,561
Ratios to average net assets⁴ of:
Expenses, net of expense reimbursements/waivers		0.58	%		0.58	%		0.58	%		0.58	%		0.58	%
Expenses, prior to expense reimbursements/waivers		0.58	%		0.58	%		0.58	%		0.58	%		0.58	%
Net investment income		4.48	%		4.22	%		4.17	%		4.53	%		1.62	%
Portfolio turnover rate⁵		66	%		19	%		17	%		50	%		13	%

¹	This information reflects the investment objective and strategy of the WisdomTree International Energy Sector Fund through June 19, 2011 and the investment objective and strategy of the WisdomTree Global Natural Resources Fund thereafter.

²	Based on average shares outstanding.

⁴	The ratios to average net assets do not include net investment income (loss) or expenses of the affiliated funds in which the Fund invests.

⁵	Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares.

⁶	This information reflects the investment objective and strategy of the WisdomTree International Utilities Sector Fund through June 19, 2011 and the investment objective and strategy of the WisdomTree Global ex-U.S. Utilities Fund thereafter.

See Notes to Financial Statements.


152		WisdomTree International Dividend and Sector Funds

Financial Highlights (concluded)

WisdomTree International Dividend and Sector Funds

March 31, 2012

Selected data for a share of beneficial interest outstanding throughout the period is presented below:


WisdomTree Global ex-U.S. Real Estate Fund	For the Year Ended March 31, 2012¹			For the Year Ended March 31, 2011			For the Year Ended March 31, 2010			For the Year Ended March 31, 2009			For the Period June 5, 2007* through March 31, 2008
Net asset value, beginning of period	$	28.86		$	26.75		$	16.92		$	41.84		$	51.89
Investment operations:
Net investment income²		1.15			0.96			0.96			1.35			1.22
Net realized and unrealized gain (loss)		(2.32	)		3.83			11.39			(25.46	)		(9.32	)
Total from investment operations		(1.17	)		4.79			12.35			(24.11	)		(8.10	)
Dividends and distributions to shareholders:
Net investment income		(1.21	)		(2.68	)		(2.52	)		(0.81	)		(1.95	)
Return of capital		(0.08	)		—			—			—			—
Total dividends and distributions to shareholders		(1.29	)		(2.68	)		(2.52	)		(0.81	)		(1.95	)
Net asset value, end of period	$	26.40		$	28.86		$	26.75		$	16.92		$	41.84

TOTAL RETURN³		(3.99	)%		18.81	%		74.20	%		(57.85	)%		(15.90	)%
RATIOS/SUPPLEMENTAL DATA:
Net assets, end of period (000’s omitted)	$	108,221		$	122,670		$	84,276		$	40,619		$	112,962
Ratios to average net assets⁴ of:
Expenses, net of expense reimbursements/waivers		0.58	%		0.58	%		0.58	%		0.58	%		0.58	%⁵
Expenses, prior to expense reimbursements/waivers		0.58	%		0.58	%		0.58	%		0.58	%		0.58	%⁵
Net investment income		4.36	%		3.48	%		3.76	%		4.55	%		3.17	%⁵
Portfolio turnover rate⁶		43	%		18	%		19	%		35	%		15	%

*	Commencement of investment operations.

¹	This information reflects the investment objective and strategy of the WisdomTree International Real Estate Fund through June 19, 2011 and the investment objective and strategy of the WisdomTree Global ex-U.S. Real Estate Fund thereafter.

²	Based on average shares outstanding.

⁴	The ratios to average net assets do not include net investment income (loss) or expenses of the affiliated funds in which the Fund invests.

⁵	Annualized.

⁶	Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares.

See Notes to Financial Statements.


WisdomTree International Dividend and Sector Funds			153

Notes to Financial Statements

1. ORGANIZATION

WisdomTree Trust (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Trust was established as a Delaware statutory trust pursuant to a Trust Instrument dated December 15, 2005. As of March 31, 2012, the Trust offered 48 investment funds (each a “Fund,” collectively, the “Funds”). These notes relate only to Funds listed in the table below:


Fund Name		Commencement of Operations
WisdomTree DEFA Fund (“DEFA Fund”)		June 16, 2006
WisdomTree DEFA Equity Income Fund (“DEFA Equity Income Fund”)		June 16, 2006
WisdomTree Global Equity Income Fund (“Global Equity Income Fund”)		June 16, 2006
WisdomTree Europe SmallCap Dividend Fund (“Europe SmallCap Dividend Fund”)		June 16, 2006
WisdomTree Japan Hedged Equity Fund (“Japan Hedged Equity Fund”)		June 16, 2006
WisdomTree Global ex-U.S. Growth Fund (“Global ex-U.S. Growth Fund”) (formerly, WisdomTree World ex-U.S. Growth Fund)		June 16, 2006
WisdomTree Japan SmallCap Dividend Fund (“Japan SmallCap Dividend Fund”)		June 16, 2006
WisdomTree Asia Pacific ex-Japan Fund (“Asia Pacific ex-Japan Fund”) (formerly, WisdomTree Pacific ex-Japan Total Dividend Fund)		June 16, 2006
WisdomTree Australia Dividend Fund (“Australia Dividend Fund”) (formerly, WisdomTree Pacific ex-Japan Equity Income Fund)		June 16, 2006
WisdomTree International LargeCap Dividend Fund (“International LargeCap Dividend Fund”)		June 16, 2006
WisdomTree International Dividend ex-Financials Fund (“International Dividend ex-Financials Fund”)		June 16, 2006
WisdomTree International MidCap Dividend Fund (“International MidCap Dividend Fund”)		June 16, 2006
WisdomTree International SmallCap Dividend Fund (“International SmallCap Dividend Fund”)		June 16, 2006
WisdomTree Emerging Markets Equity Income Fund (“Emerging Markets Equity Income Fund”)		July 13, 2007
WisdomTree Emerging Markets SmallCap Dividend Fund (“Emerging Markets SmallCap Dividend Fund”)		October 30, 2007
WisdomTree Middle East Dividend Fund (“Middle East Dividend Fund”)		July 16, 2008
WisdomTree International Hedged Equity Fund (“International Hedged Equity Fund”)		December 31, 2009
WisdomTree Commodity Country Equity Fund (“Commodity Country Equity Fund”) (formerly, WisdomTree International Basic Materials Sector Fund)		October 13, 2006
WisdomTree Global Natural Resources Fund (“Global Natural Resources Fund”) (formerly, WisdomTree International Energy Sector Fund)		October 13, 2006
WisdomTree Global ex-U.S. Utilities Fund (“Global ex-U.S. Utilities Fund”) (formerly, WisdomTree International Utilities Sector Fund)		October 13, 2006
WisdomTree Global ex-U.S. Real Estate Fund (“Global ex-U.S. Real Estate Fund”) (formerly, WisdomTree International Real Estate Fund)		June 5, 2007

2. SIGNIFICANT ACCOUNTING POLICIES

The following is a summary of significant accounting policies followed by the Funds:

Guarantees — In the normal course of business the Funds may enter into contracts that contain a variety of representations or that provide indemnification for certain liabilities. The Funds’ maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Funds that have not yet occurred. However, the Funds have not had prior claims or losses pursuant to these contracts and expect the risk of loss to be remote. Therefore, no liabilities have been recorded in connection to the indemnifications.

Use of Estimates — The preparation of financial statements in conformity with GAAP, requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities


154		WisdomTree International Dividend and Sector Funds

Notes to Financial Statements (continued)

at the date of the financial statements and the reported amounts of increases and decreases in the net assets from operations during the reporting period. Actual results could differ from those estimates.

Investment Valuation — The net asset value (“NAV”) of each Fund’s shares is calculated each day the national securities exchanges are open for trading as of the close of regular trading on the New York Stock Exchange, generally 4:00 p.m. New York time. NAV per share is calculated by dividing a Fund’s net assets by the number of Fund shares outstanding. Transactions in Fund shares will be priced at NAV only if you purchase or redeem shares directly from a Fund in creation units, which are typically in blocks of 50,000 shares or more. Fund shares purchased or sold on a national securities exchange at market prices, which may be higher or lower than NAV. In calculating each Fund’s NAV investments are valued under policies approved by the Board of Trustees.

In certain instances, such as when reliable market valuations are not readily available or are not deemed to reflect current market values, a Fund’s investments will be valued in accordance with the Fund’s pricing policy and procedures. Securities that may be valued using fair value pricing may include, but are not limited to, securities for which there are no current market quotations, securities whose issuer is in default or bankruptcy, securities subject to corporate actions (such as mergers or reorganizations), securities subject to non-U.S. investment limits or currency controls, and securities affected by “significant events”. An example of a significant event is an event occurring after the close of the market in which a security trades but before a Fund’s next NAV calculation time that may materially affect the value of a Fund’s investment (e.g., government action, natural disaster, or significant market fluctuation). Price movements in U.S. markets that are deemed to affect the value of foreign securities, or reflect changes to the value of such securities, also may cause securities to be fair valued. When fair value pricing is employed, the prices of securities used by a Fund to calculate its NAV may differ from quoted or published prices for the same securities. Each Fund may invest in money market funds which are valued at their NAV per share and affiliated ETF’s which are valued at their last sale or official closing price on the exchange on which they are principally traded.

Fair Value Measurement — In accordance with Codification Topic 820 (“ASC 820”), Fair Value Measurements and Disclosures, fair value is defined as the price that each Fund would receive upon selling an investment in an orderly transaction to an independent buyer in the principal or most advantageous market of the investment. ASC 820 established a three-tier hierarchy to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classifications of fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk — for example, the risk inherent in a particular valuation technique used to measure fair value (such as a pricing model) and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The three-tier hierarchy of inputs is summarized in the three broad levels listed below:

Level 1 – quoted prices in active markets for identical securities

Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

Level 3 – significant unobservable inputs (including each Fund’s assumptions in determining the fair value of investments)


WisdomTree International Dividend and Sector Funds			155

Notes to Financial Statements (continued)

In January 2010, FASB issued Accounting Standards Update No. 2010-06 “Improving Disclosures about Fair Value Measurements (“ASU 2010-06”).” ASU 2010-06 requires reporting entities to make new disclosures about amounts and reasons for significant transfers between of Level 1 and Level 2 fair value measurements, as well as inputs and valuation techniques used to measure fair value for both recurring and nonrecurring fair value measurements that fall in either Level 2 or Level 3. ASU 2010-06 also requires information on purchases and sales, issuances and settlements on a gross basis in the reconciliation of activity in Level 3 fair value measurements. The new and revised disclosures have been implemented for fiscal periods beginning after December 15, 2009 other than the disclosures surrounding the presentation of purchases, sales, issuances and settlements on a gross basis in the reconciliation of Level 3 fair value measurements which have been implemented for fiscal periods beginning after December 15, 2010.

The inputs or methodology used for valuation are not necessarily an indication of the risk associated with investing in those investments.

The valuation techniques and significant inputs used in determining the fair market value measurements for Level 2 or Level 3 positions are as follows:

No significant transfers between Level 1 or Level 2 fair value measurements occurred during the fiscal year ended March 31, 2012.

The following is a summary of the inputs used as of March 31, 2012 in valuing each Fund’s assets carried at fair value:


DEFA Fund	Level 1		Level 2		Level 3
Investments in Securities
Common Stocks
Australia	$	47,657,231	$	36,411	$	—
Spain		20,401,038		1,806		—
Other*		313,991,744		—		—
Money Market Funds		—		34,221,578		—
Exchange-Traded Funds		388,791		—		—
Total	$	382,438,804	$	34,259,795	$	—


DEFA Equity Income Fund	Level 1		Level 2		Level 3
Investments in Securities
Common Stocks
Australia	$	30,147,620	$	20,302	$	—
Other*		143,841,677		—		—
Money Market Funds		—		13,611,901		—
Exchange-Traded Funds		820,710		—		—
Total		174,810,007		13,632,203		—
Unrealized Appreciation on Forward Foreign Currency Contracts		—		118		—
Total - Net	$	174,810,007	$	13,632,321	$	—


156		WisdomTree International Dividend and Sector Funds

Notes to Financial Statements (continued)


Global Equity Income Fund	Level 1		Level 2			Level 3
Investments in Securities
Common Stocks
Australia	$	8,835,918	$	7,217		$	—
Other*		81,762,654		—			—
Money Market Funds		—		5,541,194			—
Exchange-Traded Funds		238,105		—			—
Total		90,836,677		5,548,411			—
Unrealized Appreciation on Forward Foreign Currency Contracts		—		57			—
Total - Net	$	90,836,677	$	5,548,468		$	—

Europe SmallCap Dividend Fund	Level 1		Level 2			Level 3
Investments in Securities
Common Stocks*	$	28,513,309	$	—		$	—
Rights				188			—
Money Market Funds		—		2,699,340			—
Exchange-Traded Funds		1,251		—			—
Total		28,514,560		2,699,528			—
Unrealized Appreciation on Forward Foreign Currency Contracts		—		465			—
Total - Net	$	28,514,560	$	2,699,993		$	—

Japan Hedged Equity Fund	Level 1		Level 2			Level 3
Investments in Securities
Common Stocks*	$	598,848,982	$	—		$	—
Money Market Funds		—		174,478,567			—
Total		598,848,982		174,478,567			—
Unrealized Appreciation on Forward Foreign Currency Contracts		—		8,806,044			—
Unrealized Depreciation on Forward Foreign Currency Contracts		—		(348,516	)		—
Total - Net	$	598,848,982	$	182,936,095		$	—

Global ex-U.S. Growth Fund	Level 1		Level 2			Level 3
Investments in Securities
Common Stocks*	$	55,216,477	$	—		$	—
Money Market Funds		—		2,803,519			—
Exchange-Traded Funds		385,394		—			—
Total		55,601,871		2,803,519			—
Unrealized Depreciation on Forward Foreign Currency Contracts		—		(16	)		—
Total - Net	$	55,601,871	$	2,803,503		$	—

Japan SmallCap Dividend Fund	Level 1		Level 2			Level 3
Investments in Securities
Common Stocks*	$	190,916,160	$	—		$	—
Money Market Funds		—		22,344,736			—
Total		190,916,160		22,344,736			—
Unrealized Depreciation on Forward Foreign Currency Contracts		—		795			—
Total - Net	$	190,916,160	$	22,345,531		$	—


WisdomTree International Dividend and Sector Funds			157

Notes to Financial Statements (continued)


Asia Pacific ex-Japan Fund	Level 1		Level 2			Level 3
Investments in Securities
Common Stocks*	$	87,186,174	$	—		$	—
Money Market Funds		—		2,242,390			—
Exchange-Traded Funds		2,198,209		—			—
Total	$	89,384,383	$	2,242,390		$	—

Australia Dividend Fund	Level 1		Level 2			Level 3
Investments in Securities
Common Stocks*	$	61,019,088	$	—		$	—
Money Market Funds		—		8,669,129			—
Total	$	61,019,088	$	8,669,129		$	—

International LargeCap Dividend Fund	Level 1		Level 2			Level 3
Investments in Securities
Common Stocks*	$	166,205,124	$	—		$	—
Money Market Funds		—		13,218,000			—
Exchange-Traded Funds		30,021		—			—
Total	$	166,235,145	$	13,218,000		$	—

International Dividend ex-Financials Fund	Level 1		Level 2			Level 3
Investments in Securities
Common Stocks*	$	354,465,014	$	—		$	—
Money Market Funds		—		18,845,635			—
Exchange-Traded Funds		5,215		—			—
Total	$	354,470,229	$	18,845,635		$	—

International MidCap Dividend Fund	Level 1		Level 2			Level 3
Investments in Securities
Common Stocks
Spain	$	4,102,107	$	3,127		$	—
Other*		100,814,375		—			—
Money Market Funds		—		12,900,866			—
Exchange-Traded Funds		83,013		—			—
Total		104,999,495		12,903,993			—

International SmallCap Dividend Fund	Level 1		Level 2			Level 3
Investments in Securities
Common Stocks
Australia	$	67,561,755	$	389,213		$	—
Other*		352,328,019		—			—	��
Money Market Funds		—		53,904,019			—
Exchange-Traded Funds		232,186		—			—
Total		420,121,960		54,293,232			—
Unrealized Depreciation on Forward Foreign Currency Contracts		—		(389	)		—
Total - Net	$	420,121,960	$	54,292,843		$	—


158		WisdomTree International Dividend and Sector Funds

Notes to Financial Statements (continued)


Emerging Markets Equity Income Fund	Level 1		Level 2			Level 3
Investments in Securities
Common Stocks
Malaysia	$	333,080,453	$	—		$	55,605
Other*		3,290,056,714		—			—
Money Market Funds		—		91,915,662			—
Exchange-Traded Funds		2,136,100		—			—
Total		3,625,273,267		91,915,662			55,605
Unrealized Depreciation on Forward Foreign Currency Contracts		—		(17,420	)		—
Total - Net	$	3,625,273,267	$	91,898,242		$	55,605

Emerging Markets SmallCap Dividend Fund	Level 1		Level 2			Level 3
Investments in Securities
Common Stocks
Malaysia	$	78,485,019	$	—		$	73,744
Other*		932,269,812		—			—
Rights		—		8,314			—
Money Market Funds		—		15,351,433			—
Exchange-Traded Funds		8,288,469		—			—
Total		1,019,043,300		15,359,747			73,744
Unrealized Appreciation on Forward Foreign Currency Contracts		—		6,040			—
Unrealized Depreciation on Forward Foreign Currency Contracts		—		(1,462	)		—
Total - Net	$	1,019,043,300	$	15,364,325		$	73,744

Middle East Dividend Fund	Level 1		Level 2			Level 3
Investments in Securities
Common Stocks*	$	13,883,289	$	—		$	—
Money Market Funds		—		4,567			—
Total		13,883,289		4,567			—
Unrealized Depreciation on Forward Foreign Currency Contracts		—		(16	)		—
Total - Net	$	13,883,289	$	4,551		$	—

International Hedged Equity Fund	Level 1		Level 2			Level 3
Investments in Securities
Common Stocks
Australia	$	2,708,898	$	2,270		$	—
Spain		1,143,008		100			—
Other*		17,968,140		—			—
Money Market Funds		—		631,404			—
Exchange-Traded Funds		34,707		—			—
Total		21,854,753		633,774			—
Unrealized Appreciation on Forward Foreign Currency Contracts		—		206,597			—
Unrealized Depreciation on Forward Foreign Currency Contracts		—		(24,364	)		—
Total - Net	$	21,854,753	$	816,007		$	—


WisdomTree International Dividend and Sector Funds			159

Notes to Financial Statements (continued)


Commodity Country Equity Fund	Level 1		Level 2		Level 3
Investments in Securities
Common Stocks*	$	31,230,624	$	—	$	—
Money Market Funds		—		2,944,521		—
Exchange-Traded Funds		12,952		—		—
Total		31,243,576		2,944,521		—
Unrealized Appreciation on Forward Foreign Currency Contracts		—		1		—
Total - Net	$	31,243,576	$	2,944,522	$	—


Global Natural Resources Fund	Level 1		Level 2		Level 3
Investments in Securities
Common Stocks*	$	31,207,258	$	—	$	—
Money Market Funds		—		1,242,130		—
Exchange-Traded Funds		175,429		—		—
Total		31,382,687		1,242,130		—
Unrealized Appreciation on Forward Foreign Currency Contracts		—		2		—
Total - Net	$	31,382,687	$	1,242,132	$	—


Global ex-U.S. Utilities Fund	Level 1		Level 2		Level 3
Investments in Securities
Common Stocks*	$	29,892,976	$	—	$	—
Money Market Funds		—		4,222,654		—
Exchange-Traded Funds		158,501		—		—
Total	$	30,051,477	$	4,222,654	$	—


Global ex-U.S. Real Estate Fund	Level 1		Level 2			Level 3
Investments in Securities
Common Stocks*	$	107,843,095	$	—		$	—
Money Market Funds		—		9,247,240			—
Total		107,843,095		9,247,240			—
Unrealized Appreciation on Forward Foreign Currency Contracts		—		549			—
Unrealized Depreciation on Forward Foreign Currency Contracts		—		(1,525	)		—
Total - Net	$	107,843,095	$	9,246,264		$	—
* Please refer to Schedule of Investments for a breakdown of the valuation by industry type and country.

The following is a reconciliation of assets in which significant unobservable inputs (Level 3) were used in determining fair value. All transfers in or out of Level 3 are done using the beginning of period method. For the fiscal year ended March 31, 2012, there were no transfers in or out of Level 3.


Europe SmallCap Dividend Fund	Common Stocks
Balance as of April 1, 2011	$	—
Realized gain (loss)¹		(4,227	)
Change in unrealized appreciation (depreciation)²		(125,018	)
Purchases		56,641
Sales		(10,184	)
Transfers into Level 3³		82,788
Transfers out of Level 3⁴		—
Balance as of March 31, 2012	$	—
Net change in unrealized appreciation/(depreciation) from investments still held as of March 31, 2012 is:²	$	(207,088	)


160		WisdomTree International Dividend and Sector Funds

Notes to Financial Statements (continued)


International SmallCap Dividend Fund	Common Stocks
Balance as of April 1, 2011	$	—
Realized gain (loss)¹		(964,065	)
Change in unrealized appreciation (depreciation)²		571,580
Purchases		214,015
Sales		(288,637	)
Transfers into Level 3³		467,107
Transfers out of Level 3⁴		—
Balance as of March 31, 2012	$	—
Net change in unrealized appreciation/(depreciation) from investments still held as of March 31, 2012 is:²	$	(210,464	)


Emerging Markets Equity Income Fund	Common Stocks
Balance as of April 1, 2011	$	—
Realized gain (loss)¹		—
Change in unrealized appreciation (depreciation)²		(1,741	)
Purchases		57,346
Sales		—
Transfers into Level 3³
Transfers out of Level 3⁴		—
Balance as of March 31, 2012	$	55,605
Net change in unrealized appreciation/(depreciation) from investments still held as of March 31, 2012 is:²	$	(1,741	)


Emerging Market SmallCap Dividend Fund	Common Stocks
Balance as of April 1, 2011	$	—
Realized gain (loss)¹		—
Change in unrealized appreciation (depreciation)²		(2,310	)
Purchases		76,054
Sales		—
Transfers into Level 3³
Transfers out of Level 3⁴		—
Balance as of March 31, 2012	$	73,744
Net change in unrealized appreciation/(depreciation) from investments still held as of March 31, 2012 is:²	$	(2,310	)


Middle East Dividend Fund	Common Stocks
Balance as of April 1, 2011	$	—
Realized gain (loss)¹		(105,192	)
Change in unrealized appreciation (depreciation)²		120,667
Purchases		—
Sales		(15,475	)
Transfers into Level 3³
Transfers out of Level 3⁴		—
Balance as of March 31, 2012	$	—

¹	This amount is included in net realized gain (loss) from investment transactions in the Statement of Operations.

³	Transfers into Level 3 are as a result of the unavailability of a quoted price in an active market for an identical investment or the unavailability of other significant observable inputs.

⁴	Transfers out of Level 3 are as a result of the availability of a quoted price in an active market for an identical investment or the availability of other significant observable inputs.

Derivatives and Hedging Disclosure — Codification Topic 815 (“ASC 815”), Derivatives and Hedging, requires qualitative disclosures about objectives and strategies for using derivatives, quantitative disclosures about fair value amounts of gains and losses on derivative instruments, and disclosures about credit-risk-related contingent features in derivative agreements. The Funds have invested in derivatives, specifically forward foreign currency contracts for the fiscal year ended March 31, 2012 which are detailed in the table herein. The Funds’ derivative agreements contain credit-risk related contingent features which include, but are not limited to, a percentage decline in the Funds’ NAV or net assets over a specified time period. If an event occurred that triggered a contingent feature, the counterparty to the agreement may require the Funds to post additional collateral or terminate the derivative positions and demand payment. Any collateral posted with respect to the derivative positions would be used to offset or reduce the payment. The maximum exposure to derivatives agreements with credit-risk related contingent features would be the total value of derivatives in net liability positions for each Fund. As of March 31, 2012 the Funds did not have collateral posted with any counterparty.


WisdomTree International Dividend and Sector Funds			161

Notes to Financial Statements (continued)

The Funds listed below have invested in derivatives, specifically forward foreign currency contracts for the fiscal year ended March 31, 2012, which are detailed in the table herein. All of the derivative instruments disclosed and described herein are subject to credit risk. Credit risk is where the financial condition of an issuer of a security or instrument may cause it to default or become unable to pay interest or principal due on the security. The counterparty to a derivative contract might default on its obligations. The effect of such derivative instruments on each Fund’s financial position and financial performance as reflected in the Statements of Assets and Liabilities and Statements of Operations are presented in the summary below.

Derivatives not designated as hedging
instruments, carried at fair value

Asset Derivatives

Liability Derivatives

Balance Sheet Location

Fair Value

Balance Sheet Location

Fair Value

DEFA Equity Income Fund

Foreign exchange contracts

Unrealized appreciation on forward foreign currency contracts

118

Unrealized depreciation on forward foreign currency contracts

—

Global Equity Income Fund

Foreign exchange contracts

Unrealized appreciation on forward foreign currency contracts

Unrealized depreciation on forward foreign currency contracts

—

Europe SmallCap Dividend Fund

Foreign exchange contracts

Unrealized appreciation on forward foreign currency contracts

465

Unrealized depreciation on forward foreign currency contracts

—

Equity contracts

Investment in securities

188

—

Japan Hedged Equity Fund

Foreign exchange contracts

Unrealized appreciation on forward foreign currency contracts

8,806,044

Unrealized depreciation on forward foreign currency contracts

348,516

Global ex-U.S. Growth Fund

Foreign exchange contracts

Unrealized appreciation on forward foreign currency contracts

—

Unrealized depreciation on forward foreign currency contracts

Japan SmallCap Dividend Fund

Foreign exchange contracts

Unrealized appreciation on forward foreign currency contracts

795

Unrealized depreciation on forward foreign currency contracts

—

International SmallCap Dividend Fund

Foreign exchange contracts

Unrealized appreciation on forward foreign currency contracts

—

Unrealized depreciation on forward foreign currency contracts

389

Emerging Markets Equity Income Fund

Foreign exchange contracts

Unrealized appreciation on forward foreign currency contracts

—

Unrealized depreciation on forward foreign currency contracts

17,420

Emerging Markets SmallCap Dividend Fund

Foreign exchange contracts

Unrealized appreciation on forward foreign currency contracts

6,040

Unrealized depreciation on forward foreign currency contracts

1,462

Equity contracts

Investment in securities

8,314

—

Middle East Dividend Fund

Foreign exchange contracts

Unrealized appreciation on forward foreign currency contracts

—

Unrealized depreciation on forward foreign currency contracts

International Hedged Equity Fund

Foreign exchange contracts

Unrealized appreciation on forward foreign currency contracts

206,598

Unrealized depreciation on forward foreign currency contracts

24,365

Commodity Country Equity Fund

Foreign exchange contracts

Unrealized appreciation on forward foreign currency contracts

Unrealized depreciation on forward foreign currency contracts

—

Global Natural Resources Fund

Foreign exchange contracts

Unrealized appreciation on forward foreign currency contracts

Unrealized depreciation on forward foreign currency contracts

—

Global ex-U.S. Real Estate Fund

Foreign exchange contracts

Unrealized appreciation on forward foreign currency contracts

549

Unrealized depreciation on forward foreign currency contracts

1,525


162		WisdomTree International Dividend and Sector Funds

Notes to Financial Statements (continued)

Gain or (Loss) associated with derivatives outstanding throughout the fiscal year ended March 31, 2012 are as follows:


Derivatives not designated as hedging instruments, carried at fair value	Amount of Realized Gain or (Loss) on Derivatives Recognized¹			Change in Unrealized Appreciation or (Depreciation) on Derivatives Recognized²
DEFA Fund
Foreign exchange contracts	$	30,399		$	2,807
DEFA Equity Income Fund
Foreign exchange contracts		(17,553	)		118
Global Equity Income Fund
Foreign exchange contracts		12,662			(158	)
Europe SmallCap Dividend Fund
Foreign exchange contracts		21,399			465

Equity contracts		—			188
Japan Hedged Equity Fund
Foreign exchange contracts		(18,182,967	)		(399,517	)
Global ex-U.S. Growth Fund
Foreign exchange contracts		12,188			(16	)
Japan SmallCap Dividend Fund
Foreign exchange contracts		(1,989	)		795
Asia-Pacific ex-Japan Fund
Foreign exchange contracts		(133,694	)		(82	)

Equity contracts		—			(60	)
Australia Dividend Fund
Foreign exchange contracts		(11,341	)		10
International LargeCap Dividend Fund
Foreign exchange contracts		3,431			—
International Dividend ex-Financials Fund
Foreign exchange contracts		(168,446	)		—
International MidCap Dividend Fund
Foreign exchange contracts		(37,526	)		—
International SmallCap Dividend Fund
Foreign exchange contracts		(52,267	)		1,778
Emerging Markets Equity Income Fund
Foreign exchange contracts		(5,189,858	)		(17,420	)
Emerging Markets SmallCap Dividend Fund
Foreign exchange contracts		(992,216	)		(3,457	)

Equity contracts		—			(238,456	)
Middle East Dividend Fund
Foreign exchange contracts		(7,265	)		(8	)
International Hedged Equity Fund
Foreign exchange contracts		39,249			432,779
Commodity Country Equity Fund
Foreign exchange contracts		27,570			(57	)
Global Natural Resources Fund
Foreign exchange contracts		(227,867	)		(2	)
Global ex-U.S. Utilities Fund
Foreign exchange contracts		(97,172	)		—
Global ex-U.S. Real Estate Fund
Foreign exchange contracts		(84,148	)		(898	)

¹ Realizedgains (losses) on derivatives are located on the Statement of Operations as follows:


Foreign exchange contracts		Net realized gain (loss) from forward foreign currency contracts and foreign currency related transactions.

² Changein unrealized appreciation (depreciation) is located on the Statement of Operations as follows:


Foreign exchange contracts		Net change in unrealized appreciation (depreciation) from forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies.
Equity contracts		Net change in unrealized appreciation (depreciation) from investment transactions.


WisdomTree International Dividend and Sector Funds			163

Notes to Financial Statements (continued)

During the fiscal year ended March 31, 2012, the volume of derivative activity for the Funds was as follows:


	Average Notional
Fund	Forward foreign currency contracts (to deliver)		Forward foreign currency contracts (to receive)
DEFA Fund
Forward exchange contracts	$	—	$	58,646
DEFA Equity Income Fund
Forward exchange contracts		33,610		19,322
Global Equity Income Fund
Forward exchange contracts		10,539		25,187
Europe SmallCap Dividend Fund
Forward exchange contracts		19,902		8,706
Japan Hedged Equity Fund
Forward exchange contracts		214,262,686		718,171,658
Global ex-U.S. Growth Fund
Forward exchange contracts		7,728		8,316
Japan SmallCap Dividend Fund
Forward exchange contracts		79,173		60,081
Asia Pacific ex-Japan Fund
Forward exchange contracts		15,465		46,260
Australia Dividend Fund
Forward exchange contracts		6,154		1,776
International LargeCap Dividend Fund
Forward exchange contracts		22,048		27,351
International Dividend ex-Financials Fund
Forward exchange contracts		87,853		101,104
International MidCap Dividend Fund
Forward exchange contracts		—		66,690
International SmallCap Dividend Fund
Forward exchange contracts		241,539		401,367
Emerging Markets Equity Income Fund
Forward exchange contracts		3,069,559		701,246
Emerging Markets SmallCap Dividend Fund
Forward exchange contracts		1,036,376		103,813
Middle East Dividend Fund
Forward exchange contracts		8,907		23,260
International Hedged Equity Fund
Forward exchange contracts		7,890,166		26,842,637
Commodity Country Equity Fund
Forward exchange contracts		—		6,634
Global Natural Resources Fund
Forward exchange contracts		4,072		22,769
Global ex-U.S. Utilities Fund
Forward exchange contracts		223		9,477
Global ex-U.S. Real Estate Fund
Forward exchange contracts		56,336		21,430

Investment Transactions and Investment Income — Investment transactions are recorded as of the date that the securities are purchased or sold (trade date). Realized gains and losses on sales of portfolio securities are calculated using the identified-cost method. Dividend income is recognized on the ex-dividend date, net of any foreign taxes withheld. Interest income including amortization of premiums and discounts, is accrued daily. The value of additional securities received as dividend payments is recorded as income and as an increase to the cost basis of such securities.

Foreign Currency Translation — The accounting records of the Funds are maintained in U.S. dollars. Foreign currencies, as well as investment securities and other assets and liabilities denominated in foreign currencies, are translated into U.S. dollars using


164		WisdomTree International Dividend and Sector Funds

Notes to Financial Statements (continued)

exchange rates prevailing on the respective dates of such transactions that are deemed, appropriate by WTAM. Realized and unrealized foreign exchange gains and losses on investments are included as a component of net realized gain (loss) from investment transactions and net change in unrealized appreciation (depreciation) from investment transactions, respectively, on the Statement of Operations. Net realized and unrealized foreign exchange gains or losses arising from sales of foreign currencies, including gains and losses of forward foreign currency contracts, currency gains or losses recognized between the trade and settlement dates on investment transactions, and the difference between the amounts of dividends and foreign withholding taxes recorded on the Funds’ books and the U.S. dollar equivalent of the amounts actually received or paid are included in net realized gain (loss) from forward foreign currency contracts and foreign currency related transactions and/or net change in unrealized appreciation (depreciation) from forward foreign currency contracts and translation of assets and liabilities denominated in foreign currencies in the Statement of Operations. Certain foreign exchange gains and losses included in realized and unrealized gains or losses are included in, or are a reduction of, ordinary income in accordance with U.S. Federal income tax regulations.

Expenses/Reimbursements — WTAM has agreed to pay all expenses of the Funds (other than the Middle East Dividend Fund and International Hedged Equity Fund), except for: (i) brokerage expenses and other expenses (such as stamp taxes) connected with the execution of portfolio transactions or in connection with creation and redemption transactions; (ii) legal fees or expenses in connection with any arbitration, litigation or pending or threatened arbitration or litigation, including any settlements in connection therewith; (iii) compensation and expenses of each Independent Trustee; (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s chief compliance officer (“CCO”); (vi) extraordinary expenses; (vii) distribution fees and expenses paid by the Trust under any distribution plan adopted pursuant to Rule 12b-1 under the 1940 Act; and (viii) the advisory fee payable to WTAM.

Pursuant to a separate contractual arrangement, WTAM has arranged for the provision of CCO services to the Funds, and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees, in exchange for a service fee paid by each Fund, of up to 0.0044% of each Fund’s average daily net assets. Trustees’ fees, which are included in Service Fees on the Statements of Operations, of $221,190 have been paid on behalf of the Funds of the Trust to the Independent Trustees for the fiscal year ended March 31, 2012. Expenses in excess of 0.0044% were paid by WTAM. WTAM has agreed to limit the total expenses of the Middle East Dividend Fund to 0.88% and International Hedged Equity Fund to 0.58% through July 31, 2013.

Currency Transactions— The Funds may enter into foreign currency forward and foreign currency futures contracts to facilitate local securities settlements or to protect against currency exposure in connection with distributions to shareholders. The Funds, other than Japan Hedged Equity Fund and International Hedged Equity Fund, do not expect to engage in currency transactions for the purpose of hedging against declines in the value of a Fund’s assets that are denominated in one or more foreign currencies. The Funds may not enter into such contracts for speculative purposes.

Forward Foreign Currency Contracts— A forward foreign currency contract (“Forward Contract”) involves an obligation to purchase or sell a specific currency at a future date, which may be any fixed number of days from the date of the contract agreed upon by the parties, at a price set at the time of the contract. These contracts are principally traded in the inter-bank market conducted directly between currency traders (usually large, commercial banks) and their customers. A Forward Contract generally has no margin deposit requirement, and no commissions are charged at any stage for trades.

The following Forward Contracts were open at March 31, 2012:


Fund Name	Settlement Date		Contracts To Deliver			In Exchange For		Unrealized Gain (Loss)
DEFA Equity Income Fund	4/03/12	AUD		13,705	USD		14,213	$	16
	4/03/12	EUR		9,608	USD		12,819		24
	4/03/12	SEK		208,969	USD		31,571		78
								$	118
Global Equity Income Fund	4/02/12	CAD		12,024	USD		12,054	$	23
	4/03/12	EUR		3,919	USD		5,228		9


WisdomTree International Dividend and Sector Funds			165

Notes to Financial Statements (continued)


Fund Name	Settlement Date		Contracts To Deliver			In Exchange For		Unrealized Gain (Loss)
	4/03/12	HKD		42,405	USD		5,462	$	—
	4/03/12	SEK		58,984	USD		8,914		25
								$	57
Europe SmallCap Dividend Fund	4/03/12	USD		28,275	DKK		158,396	$	78
		USD		43,311	NOK		249,256		387
								$	465
Japan Hedged Equity Fund	4/02/12	USD		803,703	JPY		66,536,858	$	4,814
	4/04/12	USD		222,663,790	JPY		18,324,116,636		1,493
	4/04/12	USD		163,149,778	JPY		13,426,313,099		(96	)
	4/04/12	USD		184,086,586	JPY		15,149,221,521		(1,003	)
	4/04/12	USD		7,823,799	JPY		643,859,517		—
	4/04/12	JPY		13,845,885,382	USD		171,107,965		2,859,854
	4/04/12	JPY		13,426,313,099	USD		165,922,875		2,773,192
	4/04/12	JPY		14,685,029,951	USD		181,475,902		3,030,936
	4/04/12	JPY		571,656,314	USD		7,082,229		135,755
	4/04/12	JPY		286,874,852	USD		3,484,028		(1,928	)
	4/04/12	JPY		1,592,425,151	USD		19,264,994		(85,341	)
	4/04/12	JPY		444,804,973	USD		5,319,259		(85,783	)
	4/04/12	JPY		2,046,661,534	USD		24,710,554		(159,429	)
	5/07/12	JPY		17,517,600,013	USD		212,917,811		(6,470	)
	5/07/12	JPY		16,016,091,441	USD		194,671,262		(2,366	)
	5/07/12	JPY		16,516,594,298	USD		200,751,079		(6,100	)
								$	8,457,528
Global ex-U.S. Growth Fund	4/02/12	KRW		7,859,729	USD		6,927	$	(10	)
	4/02/12	USD		5,737	TWD		169,150		(6	)
								$	(16	)
Japan SmallCap Dividend Fund	4/03/12	USD		769,674	JPY		63,405,760	$	795
International SmallCap Dividend Fund	4/02/12	GBP		89,500	USD		142,609	$	(389	)
Emerging Markets Equity Income Fund	4/05/12	ZAR		19,200,000	USD		2,484,355	$	(17,420	)
Emerging Markets SmallCap Dividend Fund	4/02/12	USD		1,213,017	BRL		2,217,395	$	2,460
	4/02/12	USD		304,683	IDR		2,795,463,037		1,033
	4/02/12	USD		1,418,318	MYR		4,352,819		2,546
	4/02/12	USD		675,100	PHP		28,971,924		(315	)
	4/02/12	USD		884,771	THB		27,259,798		(1,147	)
	4/03/12	USD		1,942	MYR		5,952		1
								$	4,578
Middle East Dividend Fund	4/02/12	AED		104,500	USD		28,449	$	(2	)
	4/02/12	QAR		18,700	USD		5,136		—
	4/02/12	USD		14,435	KWD		4,007		(13	)
	4/02/12	OMR		1,463	USD		3,799		(1	)
								$	(16	)
International Hedged Equity Fund	4/03/12	HKD		13,500	USD		1,738	$	—
	4/04/12	AUD		2,349,294	USD		2,528,757		95,288
	4/04/12	AUD		255,244	USD		268,252		3,863
	4/04/12	AUD		2,700	USD		2,794		(3	)
	4/04/12	CHF		1,223,260	USD		1,358,318		4,916
	4/04/12	CHF		133,947	USD		145,855		(2,342	)
	4/04/12	CHF		2,000	USD		2,215		3
	4/04/12	DKK		7,000	USD		1,255		2
	4/04/12	EUR		4,904,082	USD		6,560,975		30,185


166		WisdomTree International Dividend and Sector Funds

Notes to Financial Statements (continued)


Fund Name	Settlement Date		Contracts To Deliver			In Exchange For		Unrealized Gain (Loss)
	4/04/12	EUR		526,694	USD		691,138	$	(10,263	)
	4/04/12	EUR		1,900	USD		2,535		4
	4/04/12	GBP		2,472,018	USD		3,947,961		(1,680	)
	4/04/12	GBP		270,831	USD		425,283		(7,435	)
	4/04/12	JPY		229,157,532	USD		2,831,937		47,332
	4/04/12	JPY		25,680,372	USD		317,763		5,709
	4/04/12	JPY		250,000	USD		3,018		(20	)
	4/04/12	NOK		2,282,487	USD		410,103		9,965
	4/04/12	NOK		243,906	USD		42,953		194
	4/04/12	SEK		4,725,167	USD		717,620		5,528
	4/04/12	SEK		499,026	USD		73,187		(2,017	)
	4/04/12	SEK		25,000	USD		3,777		9
	4/04/12	SGD		538,279	USD		431,680		3,574
	4/04/12	SGD		59,209	USD		46,883		(208	)
	4/04/12	USD		2,697,893	AUD		2,604,538		(34	)
	4/04/12	USD		11,509	AUD		11,110		—
	4/04/12	USD		1,501,599	CHF		1,357,207		(1	)
	4/04/12	USD		6,530,766	EUR		4,904,082		24
	4/04/12	USD		701,401	EUR		526,694		—
	4/04/12	USD		62,887	EUR		47,223		—
	4/04/12	USD		4,382,357	GBP		2,742,849		1
	4/04/12	USD		3,096,677	JPY		254,837,904		(17	)
	4/04/12	USD		106,981	JPY		8,804,017		—
	4/04/12	USD		442,900	NOK		2,526,393		(4	)
	4/04/12	USD		14,652	NZD		17,881		—
	4/04/12	USD		787,302	SEK		5,224,193		(6	)
	4/04/12	USD		9,916	SEK		8,963		—
	4/04/12	USD		475,196	SGD		597,488		—
	4/05/12	USD		9,275	HKD		72,014		—
	4/02/12	USD		25,014	GBP		15,656		—
	5/03/12	AUD		2,723,111	USD		2,811,400		(79	)
	5/03/12	EUR		5,355,339	USD		7,132,669		(4	)
	5/03/12	GBP		2,717,265	USD		4,340,622		(50	)
	5/04/12	CHF		1,389,016	USD		1,537,265		(58	)
	5/04/12	NOK		2,474,017	USD		433,196		(17	)
	5/04/12	SEK		5,167,331	USD		777,749		(27	)
	5/04/12	SGD		617,153	USD		490,840		(1	)
	5/07/12	JPY		266,534,154	USD		3,239,592		(98	)
								$	182,233
Commodity Country Equity Fund	4/02/12	NZD		10,000	USD		8,196	$	1
Global Natural Resources Fund	4/03/12	CHF		2,300	USD		2,547	$	2
Global ex-U.S. Real Estate Fund	4/02/12	AUD		19,005	USD		19,613	$	(75	)
	4/02/12	ILS		168,577	USD		45,105		(358	)
	4/02/12	SEK		150,863	USD		22,597		(139	)
	4/02/12	USD		44,090	ILS		163,407		(21	)
	4/02/12	USD		103,286	AUD		98,948		(781	)
	4/02/12	USD		43,499	EUR		32,643		(29	)
	4/02/12	USD		43,424	GBP		27,314		218
	4/02/12	USD		35,360	JPY		2,937,174		331
	4/02/12	USD		67,242	SGD		84,483		(51	)


WisdomTree International Dividend and Sector Funds			167

Notes to Financial Statements (continued)


Fund Name	Settlement Date		Contracts To Deliver			In Exchange For		Unrealized Gain (Loss)
	4/03/12	USD		63,993	SGD		80,433	$	(23	)
	4/04/12	USD		43,235	ZAR		331,629		(48	)
								$	(976	)

Currency Legend:

AED – UAE dirham

AUD – Australian dollar

BRL – Brazilian real

CAD – Canadian dollar

CHF – Swiss franc

CLP – Chilean peso

DKK – Danish krone

EUR – Euro

GBP – British pound

HKD – Hong Kong dollar

ILS – Israeli new shekel

JPY – Japanese yen

KRW – South Korean won

KWD – Kuwaiti dinar

MYR – Malaysian ringgit

NOK – Norwegian krone

NZD – New Zealand dollar

OMR – Omani rial

PHP – Philippines peso

QAR – Qatari riyal

SEK – Swedish krona

SGD – Singapore dollar

THB – Thai baht

TWD – New Taiwan dollar

USD – U.S. dollar

ZAR – South African rand

Securities Lending — Each Fund may lend portfolio securities to certain creditworthy borrowers, including the Funds’ securities lending agent. It is the Funds’ policy that, at origination, all loans are secured by collateral of at least 102% of the value of U.S. securities loaned and 105% of the value of foreign securities loaned. Collateral in the form of cash and/or high grade debt obligations, equivalent to at least 100% of the market value of securities, is maintained at all times. The collateral can be invested in certain money market mutual funds which also have exposure to the fluctuations of the market. Each Fund receives compensation for lending its securities from interest or dividends earned on the cash or U.S. government securities held as collateral, net of fee rebates paid to the borrower plus reasonable administrative and custody fees. The dividend and interest income earned on the securities loaned is accounted for in the same manner as other dividend and interest income. The borrower pays to the Funds an amount equal to any dividends or interest received on loaned securities. The Funds retain all or a portion of the interest received on investment of cash collateral or receive a fee from the borrower. Lending portfolio securities could result in a loss or delay in recovering each Fund’s securities if the borrower defaults.

The securities lending income earned by the Funds is disclosed on the Statements of Operations.

Short-Term Investments — Each Fund may invest a portion of its assets in high-quality money market instruments on an ongoing basis to provide liquidity or for other reasons. The instruments include short-term obligations issued by the U.S. Government, negotiable certificates of deposit (“CDs”), fixed time deposits and bankers’ acceptances of U.S. and foreign banks and similar institutions, commercial papers, repurchase agreements and money market funds. CDs are short-term negotiable obligations of commercial banks. Time deposits are non-negotiable deposits maintained in banking institutions for specified periods of time at stated interest rates. Banker’s acceptances are time drafts drawn on commercial banks by borrowers, usually in connection with international transactions.

Tax Information and Dividends and Distributions to Shareholders — It is each Fund’s policy to comply with all requirements of the Internal Revenue Code of 1986, as amended (the “Code”). Each Fund intends to qualify for and to elect treatment as a separate Regulated Investment Company (“RIC”) under Subchapter M of the Code. It is the policy of each Fund to pay out dividends, if any, to investors’ at least annually. There can be no guarantee that a Fund will pay dividends. Taxable net realized gains from investment transactions, reduced by capital loss carryforwards, if any, are declared and distributed to shareholders at least annually. The capital loss carryforward amount, if any, is available to offset future net capital gains. The Funds may occasionally be required to make supplemental distributions at some other time during the year. The Trust reserves the right to declare special distributions if, in its reasonable discretion, such action is necessary or advisable to preserve the status of each Fund as a RIC or to avoid imposition of income or excise taxes on undistributed income. Dividends and distributions to shareholders are recorded on the ex-dividend date. The amount of dividends and distributions from net investment income and net realized capital gains are determined in accordance


168		WisdomTree International Dividend and Sector Funds

Notes to Financial Statements (continued)

with the requirements of the Code and the U.S. Treasury regulations which may differ from GAAP. These book/tax differences are either considered temporary or permanent in nature. To the extent these differences are permanent in nature, such amounts are reclassified within the components of net assets based on their Federal tax basis treatment; temporary differences do not require reclassification. Dividends and distributions, which exceed earnings and profit for tax purposes, are reported for tax purposes as a return of capital to the extent of a shareholder’s tax basis, and thereafter as capital gain.

3. ADVISORY FEES AND TRANSACTIONS

WTAM has overall responsibility for the general management and administration of the Trust. WTAM also provides an investment program for each Fund. WTAM has arranged for Mellon Capital Management (“MCM”) to provide sub-advisory services to the Funds. MCM is compensated by WTAM at no additional cost to the Funds. WTAM also arranges for transfer agency, custody, fund administration, and all other non-distribution related services necessary for the Funds to operate. Under the Investment Advisory Agreement for each Fund, and as also described in Note 2, WTAM agrees to pay all expenses of the Funds (other than the Middle East Dividend Fund and the International Hedged Equity Fund), except compensation and expenses of the Independent Trustees, counsel to the Independent Trustees and the Trust’s CCO, interest expenses and taxes, brokerage expenses, and other expenses connected with the execution of portfolio transactions, any distribution fees or expenses, legal fees or expenses and extraordinary expenses. The Investment Advisory Agreement for the Middle East Dividend Fund and International Hedged Equity Fund does not require WTAM to pay any Fund expenses, except sub-advisory fees.

Pursuant to a separate contractual arrangement, as also described in Note 2, WTAM arranges for the provision of CCO services with respect to each Fund, and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees in exchange for a fee of up to 0.0044% of each Fund’s average daily net assets. WTAM has agreed to limit net annual operating expenses for the Middle East Dividend Fund to 0.88% and International Hedged Equity Fund to 0.58% through July 31, 2013. WTAM expects to receive fees from each Fund, based on a percentage of the Fund’s average daily net assets as shown in the following table:


Fund	Advisory Fee Rate
DEFA Fund		0.48	%
DEFA Equity Income Fund		0.58	%
Global Equity Income Fund		0.58	%
Europe SmallCap Dividend Fund		0.58	%
Japan Hedged Equity Fund		0.48	%
Global ex-U.S. Growth Fund		0.58	%
Japan SmallCap Dividend Fund		0.58	%
Asia Pacific ex-Japan Fund		0.48	%
Australia Dividend Fund		0.58	%
International LargeCap Dividend Fund		0.48	%
International Dividend ex-Financials Fund		0.58	%
International MidCap Dividend Fund		0.58	%
International SmallCap Dividend Fund		0.58	%
Emerging Markets Equity Income Fund		0.63	%
Emerging Markets SmallCap Dividend Fund		0.63	%
Middle East Dividend Fund		0.68	%
International Hedged Equity Fund		0.48	%
Commodity Country Equity Fund		0.58	%
Global Natural Resources Fund		0.58	%
Global ex-U.S. Utilities Fund		0.58	%
Global ex-U.S. Real Estate Fund		0.58	%


WisdomTree International Dividend and Sector Funds			169

Notes to Financial Statements (continued)

Each Fund may purchase shares of affiliated exchange trade funds in secondary market transactions. For the fiscal year ended March 31, 2012, WTAM waived a portion of its advisory fees based on each Fund’s investment in affiliated Funds. For Middle East Dividend Fund and International Hedged Equity Fund, WTAM waived a portion of its advisory fees to comply with expense limits currently in place for these Funds. The table below indicates the waiver amounts. Please see Note 7 for additional information on Other Affiliated Parties and Transactions.


Fund	Advisory Fees Waived/Expense Reimbursements
DEFA Fund	$	5,203
DEFA Equity Income Fund		2,245
Global Equity Income Fund		1,056
Europe SmallCap Dividend Fund		122
Japan Hedged Equity Fund		—
Global ex-U.S. Growth Fund		3,216
Japan SmallCap Dividend Fund		1,979
Asia Pacific ex-Japan Fund		7,180
Australia Dividend Fund		29
International LargeCap Dividend Fund		1,165
International Dividend ex-Financials Fund		4,056
International MidCap Dividend Fund		1,685
International SmallCap Dividend Fund		5,331
Emerging Markets Equity Income Fund		5,490
Emerging Markets SmallCap Dividend Fund		59,054
Middle East Dividend Fund		163,552
International Hedged Equity Fund		131,789
Commodity Country Equity Fund		243
Global Natural Resources Fund		1,257
Global ex-U.S. Utilities Fund		1,074
Global ex-U.S. Real Estate Fund		688

4. CAPITAL SHARE TRANSACTIONS

As of March 31, 2012, there was an unlimited number of $0.001 par value shares of beneficial interest authorized by the Trust. Shares are issued and redeemed by each Fund only in Creation Units or multiples thereof. Except when aggregated in Creation Units, shares of each Fund are not redeemable. Transactions in shares for each Fund are disclosed in detail in the Statements of Changes in Net Assets. The consideration for the purchase of Creation Units of a Fund generally consist of the in-kind contribution of a designated portfolio of equity securities constituting a portfolio sampling representation of the securities included in the relevant Fund’s underlying Index and an amount of cash. The Middle East Dividend Fund issues and redeems shares on a cash basis only. Investors purchasing and redeeming Creation Units may be charged a purchase transaction fee and a redemption transaction fee to offset transfer and other transaction costs associated with the issuance and redemption of Creation Units.

5. INVESTMENT PORTFOLIO TRANSACTIONS

Purchases and sales of investments (excluding in-kind capital share transactions and short-term investments) for the year ended March 31, 2012 were as follows:


Fund	Purchases		Sales
DEFA Fund	$	107,820,391	$	108,364,819
DEFA Equity Income Fund		46,839,242		46,722,625
Global Equity Income Fund		21,142,693		19,814,895
Europe SmallCap Dividend Fund		15,053,890		15,409,941
Japan Hedged Equity Fund		206,145,916		207,730,227
Global ex-U.S. Growth Fund		54,101,059		16,419,846
Japan SmallCap Dividend Fund		76,641,589		77,956,594
Asia Pacific ex-Japan Fund		50,642,579		45,999,355
Australia Dividend Fund		39,985,179		40,178,103
International LargeCap Dividend Fund		32,365,972		32,730,851


170		WisdomTree International Dividend and Sector Funds

Notes to Financial Statements (continued)


Fund	Purchases		Sales
International Dividend ex-Financials Fund		64,307,389		63,856,245
International MidCap Dividend Fund	$	62,103,346	$	62,193,656
International SmallCap Dividend Fund		221,100,789		222,581,811
Emerging Markets Equity Income Fund		2,292,254,803		754,079,973
Emerging Markets SmallCap Dividend Fund		624,475,181		458,702,187
Middle East Dividend Fund		6,420,732		10,904,006
International Hedged Equity Fund		8,363,939		9,307,328
Commodity Country Equity Fund		41,577,231		43,168,969
Global Natural Resources Fund		39,961,432		40,614,887
Global ex-U.S. Utilities Fund		21,735,574		22,191,924
Global ex-U.S. Real Estate Fund		51,951,814		52,591,798

For the year ended March 31, 2012, the cost of purchases and the proceeds from sales resulting from in-kind capital share transactions were as follows:


Fund	Purchases		Redemptions
DEFA Fund	$	33,688,678	$	56,502,544
DEFA Equity Income Fund		59,749,475		—
Global Equity Income Fund		16,789,800		—
Europe SmallCap Dividend Fund		7,007,314		3,562,472
Japan Hedged Equity Fund		399,141,087		271,780,487
Global ex-U.S. Growth Fund		13,506,760		39,829,479
Japan SmallCap Dividend Fund		64,747,161		114,404,956
Asia Pacific ex-Japan Fund		44,703,893		44,798,479
Australia Dividend Fund		39,816,278		54,936,864
International LargeCap Dividend Fund		37,486,683		21,516,367
International Dividend ex-Financials Fund		231,561,609		14,010,429
International MidCap Dividend Fund		4,714,146		37,376,096
International SmallCap Dividend Fund		14,550,153		30,942,341
Emerging Markets Equity Income Fund		961,346,874		181,393,866
Emerging Markets SmallCap Dividend Fund		99,795,237		78,639,090
Middle East Dividend Fund		—		—
International Hedged Equity Fund		6,624,070		3,526,081
Commodity Country Equity Fund		—		7,617,429
Global Natural Resources Fund		3,967,584		12,778,545
Global ex-U.S. Utilities Fund		1,457,001		4,223,897
Global ex-U.S. Real Estate Fund		21,699,362		24,038,608

Gains and losses on in-kind redemptions are not recognized by the Funds for tax purposes.

6. FEDERAL INCOME TAXES

At March 31, 2012, the cost of investments (including securities on loan) for Federal income tax purposes was as follows:


Fund	Tax Cost		Gross Unrealized Appreciation		Gross Unrealized Depreciation			Net Unrealized Appreciation/ (Depreciation)
DEFA Fund	$	423,657,738	$	33,908,836	$	(40,867,975	)	$	(6,959,139	)
DEFA Equity Income Fund		202,851,429		10,184,848		(24,594,067	)		(14,409,219	)
Global Equity Income Fund		94,791,487		8,127,689		(6,534,088	)		1,593,601
Europe SmallCap Dividend Fund		30,896,264		3,268,517		(2,950,693	)		317,824
Japan Hedged Equity Fund		777,450,077		22,100,373		(26,222,901	)		(4,122,528	)
Global ex-U.S. Growth Fund		60,644,489		3,303,608		(5,542,707	)		(2,239,099	)
Japan SmallCap Dividend Fund		206,638,204		15,260,481		(8,637,789	)		6,622,692
Asia Pacific ex-Japan Fund		91,618,542		5,329,859		(5,321,628	)		8,231


WisdomTree International Dividend and Sector Funds			171

Notes to Financial Statements (continued)


Fund	Tax Cost		Gross Unrealized Appreciation		Gross Unrealized Depreciation			Net Unrealized Appreciation/ (Depreciation)
Australia Dividend Fund	$	70,447,389	$	3,506,487	$	(4,265,659	)	$	(759,172	)
International LargeCap Dividend Fund		186,639,436		12,003,625		(19,189,916	)		(7,186,291	)
International Dividend ex-Financials Fund		375,130,219		16,460,029		(18,274,384	)		(1,814,355	)
International MidCap Dividend Fund		118,921,564		11,704,339		(12,722,415	)		(1,018,076	)
International SmallCap Dividend Fund		437,997,630		63,607,872		(27,190,310	)		36,417,562
Emerging Markets Equity Income Fund		3,557,310,131		317,649,998		(157,715,595	)		159,934,403
Emerging Markets SmallCap Dividend Fund		1,010,228,726		121,728,995		(97,480,930	)		24,248,065
Middle East Dividend Fund		13,535,868		1,463,059		(1,111,071	)		351,988
International Hedged Equity Fund		22,092,151		1,927,051		(1,530,675	)		396,376
Commodity Country Equity Fund		34,604,783		1,745,703		(2,162,389	)		(416,686	)
Global Natural Resources Fund		35,027,169		1,317,872		(3,720,224	)		(2,402,352	)
Global ex-U.S. Utilities Fund		38,709,538		1,717,979		(6,153,386	)		(4,435,407	)
Global ex-U.S. Real Estate Fund		126,062,170		2,329,708		(11,301,543	)		(8,971,835	)

At March 31, 2012, the components of accumulated earnings/(loss) on a tax-basis were as follows:


Fund	Undistributed Ordinary Income		Undistributed Capital and Other Losses			Net Unrealized Appreciation/ (Depreciation)			Currency Unrealized Appreciation/ (Depreciation)			Total Accumulated Earnings/(Losses)
DEFA Fund	$	1,054,629	$	(223,554,150	)	$	(6,959,139	)	$	32,500		$	(229,426,160	)
DEFA Equity Income Fund		313,193		(75,774,301	)		(14,409,219	)		6,448			(89,863,879	)
Global Equity Income Fund		175,826		(21,930,764	)		1,593,601			909			(20,160,428	)
Europe SmallCap Dividend Fund		98,594		(25,798,423	)		317,824			(221	)		(25,382,226	)
Japan Hedged Equity Fund		6,204,475		(35,675,445	)		(4,122,528	)		55,152			(33,538,346	)
Global ex-U.S. Growth Fund		73,441		(13,502,295	)		(2,239,099	)		(905	)		(15,668,858	)
Japan SmallCap Dividend Fund		2,595,885		(23,654,691	)		6,622,692			10,595			(14,425,519	)
Asia Pacific ex-Japan Fund		3,141		(17,458,949	)		8,231			(3,925	)		(17,451,502	)
Australia Dividend Fund		127,330		(16,254,629	)		(759,172	)		(13,683	)		(16,900,154	)
International LargeCap Dividend Fund		310,663		(46,768,747	)		(7,186,291	)		15,337			(53,629,038	)
International Dividend ex-Financials Fund		455,453		(145,192,070	)		(1,814,355	)		2,268			(146,548,704	)
International MidCap Dividend Fund		477,602		(79,855,438	)		(1,018,076	)		1,173			(80,394,739	)
International SmallCap Dividend Fund		3,191,318		(225,848,320	)		36,417,562			(13,302	)		(186,252,742	)
Emerging Markets Equity Income Fund		5,819,234		(61,048,107	)		159,934,403			(129,990	)		104,575,540
Emerging Markets SmallCap Dividend Fund		8,436,161		(33,626,886	)		24,248,065			23,272			(919,388	)
Middle East Dividend Fund		200,602		(8,113,137	)		351,988			(15	)		(7,560,562	)
International Hedged Equity Fund		69,973		(1,829,594	)		396,376			4,322			(1,358,923	)
Commodity Country Equity Fund		88,758		(14,942,355	)		(416,686	)		(301	)		(15,270,584	)
Global Natural Resources Fund		17,759		(13,131,965	)		(2,402,352	)		(268	)		(15,516,826	)
Global ex-U.S. Utilities Fund		68,845		(21,067,254	)		(4,435,407	)		(1,282	)		(25,435,098	)
Global ex-U.S. Real Estate Fund		—		(51,535,281	)		(8,971,835	)		(527	)		(60,507,643	)

The tax character of distributions paid during the fiscal years ended March 31, 2012 and March 31, 2011, was as follows:


	Year Ended March 31, 2012				Year Ended March 31, 2011
Fund	Distributions Paid from Ordinary Income*		Distributions Paid from Return of Capital		Distributions Paid from Ordinary Income*
DEFA Fund	$	16,801,126	$	—	$	14,637,890
DEFA Equity Income Fund		6,808,884		—		5,400,141
Global Equity Income Fund		3,425,601		—		2,060,172
Europe SmallCap Dividend Fund		1,249,779		—		772,916
Japan Hedged Equity Fund		9,560,131		—		1,252,279


172		WisdomTree International Dividend and Sector Funds

Notes to Financial Statements (continued)


	Year Ended March 31, 2012				Year Ended March 31, 2011
Fund	Distributions Paid from Ordinary Income*		Distributions Paid from Return of Capital		Distributions Paid from Ordinary Income*
Global ex-U.S. Growth Fund	$	1,502,577	$	—	$	917,040
Japan SmallCap Dividend Fund		4,623,191		—		2,383,352
Asia Pacific ex-Japan Fund		2,604,968		—		3,365,676
Australia Dividend Fund		3,116,253		—		4,176,991
International LargeCap Dividend Fund		6,055,172		—		5,111,213
International Dividend ex-Financials Fund		8,893,281		—		6,504,988
International MidCap Dividend Fund		4,866,057		—		4,562,537
International SmallCap Dividend Fund		16,614,951		—		12,889,846
Emerging Markets Equity Income Fund		77,715,398		—		27,419,477
Emerging Markets SmallCap Dividend Fund		29,482,802		—		16,528,911
Middle East Dividend Fund		1,062,273		—		520,780
International Hedged Equity Fund		714,387		—		506,947
Commodity Country Equity Fund		1,222,114		—		781,200
Global Natural Resources Fund		1,347,737		—		1,511,977
Global ex-U.S. Utilities Fund		1,419,373		—		1,705,615
Global ex-U.S. Real Estate Fund		5,496,750		371,334		10,473,002
* Includes short-term capital gains.


Fund	Capital Loss Available Through 2015		Capital Loss Available Through 2016		Capital Loss Available Through 2017		Capital Loss Available Through 2018		Capital Loss Available Through 2019		Short-Term Post-Effective* No Expiration		Long-Term Post-Effective* No Expiration		Capital Loss Available Total
DEFA Fund	$	—	$	—	$	24,645,745	$	187,173,747	$	8,855,174	$	—	$	—	$	220,674,666
DEFA Equity Income Fund		—		972,353		24,469,991		41,582,445		7,637,372		—		—		74,662,161
Global Equity Income Fund		—		—		5,329,783		15,414,669		807,956		—		—		21,552,408
Europe SmallCap Dividend Fund		—		801,152		6,092,078		16,382,086		2,102,724		—		—		25,378,040
Japan Hedged Equity Fund		61,971		147,026		456,605		3,305,242		9,431,908		16,533,492		5,739,201		35,675,445
Global ex-U.S. Growth Fund		—		638,234		3,657,374		8,823,117		—		342,850		—		13,461,575
Japan SmallCap Dividend Fund		6,631		450,744		2,793,131		13,069,045		3,661,232		1,639,554		1,675,217		23,295,554
Asia Pacific ex-Japan Fund		2,486		434,717		1,942,155		11,545,171		2,148,087		308,904		1,036,895		17,418,415
Australia Dividend Fund		—		23,230		2,237,436		10,402,798		2,670,223		—		—		15,333,687
International LargeCap Dividend Fund		12,856		911,666		10,714,056		21,950,675		8,092,071		—		4,492,385		46,173,709
International Dividend ex-Financials Fund		—		—		38,137,926		106,422,557		—		—		—		144,560,483
International MidCap Dividend Fund		—		2,200,353		10,045,031		49,400,362		11,183,904		—		5,899,541		78,729,191
International SmallCap Dividend Fund		—		2,417,649		31,684,635		176,126,796		6,365,431		—		4,976,546		221,571,057
Emerging Markets Equity Income Fund		—		166,963		3,240,763		32,150,807		561,494		19,858,526		—		55,978,553
Emerging Markets SmallCap Dividend Fund		—		—		4,224,150		9,367,814		4,882,951		11,327,466		—		29,802,381
Middle East Dividend Fund		—		—		41,648		6,522,827		763,315		—		63,224		7,391,014
International Hedged Equity Fund		—		—		—		108,824		1,617,839		—		100,103		1,826,766


WisdomTree International Dividend and Sector Funds			173

Notes to Financial Statements (continued)


Fund	Capital Loss Available Through 2015		Capital Loss Available Through 2016		Capital Loss Available Through 2017		Capital Loss Available Through 2018		Capital Loss Available Through 2019		Short-Term Post-Effective* No Expiration		Long-Term Post-Effective* No Expiration		Capital Loss Available Total
Commodity Country Equity Fund	$	—	$	—	$	—	$	11,126,004	$	3,769,123	$	—	$	—	$	14,895,127
Global Natural Resources Fund		—		45,822		1,245,793		4,858,681		6,793,018		—		112,746		13,056,060
Global ex-U.S. Utilities Fund		—		13,301		1,722,994		5,793,876		1,986,702		—		11,043,351		20,560,224
Global ex-U.S. Real Estate Fund		—		261,244		12,351,482		23,011,711		10,538,886		63,860		4,748,371		50,975,554

Under the recently enacted Regulated Investment Company Modernization Act of 2010, a Fund is permitted to carry forward any new capital losses for an unlimited period. Additionally, such capital losses that are carried forward will retain their character as either short-term or long-term capital losses rather than being considered all short-term as under previous law. The character of these losses is noted above.

Capital losses incurred after October 31 (“post-October capital losses”) and within the taxable year are deemed to arise on the first business day of each Fund’s next taxable year.

During the year ended March 31, 2012, the following Funds incurred and will elect to defer post-October capital losses as follows.


Fund	Short-Term Post-October Capital Losses		Long-Term Post-October Capital Losses
DEFA Fund	$	872,386	$	2,007,098
DEFA Equity Income Fund		505,995		606,145
Global Equity Income Fund		134,025		244,331
Europe SmallCap Dividend Fund		292,424		127,959
Japan Hedged Equity Fund		—		—
Global ex-U.S. Growth Fund		40,720		—
Japan SmallCap Dividend Fund		108,913		250,224
Asia Pacific ex-Japan Fund		40,534		—
Australia Dividend Fund		906,117		14,825
International LargeCap Dividend Fund		39,160		555,878
International Dividend ex-Financials Fund		631,587		—
International MidCap Dividend Fund		452,470		673,777
International SmallCap Dividend Fund		4,182,196		95,067
Emerging Markets Equity Income Fund		5,069,554		—
Emerging Markets SmallCap Dividend Fund		3,824,505		—
Middle East Dividend Fund		66,180		655,943
International Hedged Equity Fund		2,828		—
Commodity Country Equity Fund		47,226		2
Global Natural Resources Fund		75,905		—
Global ex-U.S. Utilities Fund		160,980		346,050
Global ex-U.S. Real Estate Fund		110,158		449,569

During the fiscal year ended March 31, 2012, the following Funds utilized capital loss carryforwards of the noted amounts to offset realized gains.


Fund	Utilized Capital Loss Carryforwards
DEFA Fund	$	8,061,534
DEFA Equity Income Fund		119,442
Global Equity Income Fund		1,848,914
Europe SmallCap Dividend Fund		315,537
Japan Hedged Equity Fund		—
Global ex-U.S. Growth Fund		—
Japan SmallCap Dividend Fund		—
Asia Pacific ex-Japan Fund		—
Australia Dividend Fund		269,416
International LargeCap Dividend Fund		—


174		WisdomTree International Dividend and Sector Funds

Notes to Financial Statements (continued)


Fund	Utilized Capital Loss Carryforwards
International Dividend ex-Financials Fund	$	3,851,358
International MidCap Dividend Fund		—
International SmallCap Dividend Fund		—
Emerging Markets Equity Income Fund		—
Emerging Markets SmallCap Dividend Fund		—
Middle East Dividend Fund		—
International Hedged Equity Fund		—
Commodity Country Equity Fund		2,740,530
Global Natural Resources Fund		—
Global ex-U.S. Utilities Fund		—
Global ex-U.S. Real Estate Fund		—

At March 31, 2012, the effect of permanent “book/tax” reclassifications resulted in increases (decreases) to the components of net assets as follows:


Fund	Undistributed Net Investment Income/(Loss)			Accumulated Net Realized Gain/(Loss)			Paid-in Capital
DEFA Fund	$	11,932		$	1,666,651		$	(1,678,583	)
DEFA Equity Income Fund		(22,329	)		22,329			—
Global Equity Income Fund		(17,124	)		17,124			—
Europe SmallCap Dividend Fund		(950	)		171,829			(170,879	)
Japan Hedged Equity Fund		(2,545,282	)		8,840,421			(6,295,139	)
Global ex-U.S. Growth Fund		(82,754	)		(4,991,259	)		5,074,013
Japan SmallCap Dividend Fund		367,368			(8,463,631	)		8,096,263
Asia Pacific ex-Japan Fund		(142,333	)		(8,121,814	)		8,264,147
Australia Dividend Fund		16,333			(6,008,049	)		5,991,716
International LargeCap Dividend Fund		(36,304	)		(3,649,085	)		3,685,389
International Dividend ex-Financials Fund		(102,629	)		(441,454	)		544,083
International MidCap Dividend Fund		(4,437	)		(2,555,217	)		2,559,654
International SmallCap Dividend Fund		288,740			(3,931,320	)		3,642,580
Emerging Markets Equity Income Fund		(3,050,356	)		(31,424,055	)		34,474,411
Emerging Markets SmallCap Dividend Fund		5,289,587			(20,006,691	)		14,717,104
Middle East Dividend Fund		17,925			(17,925	)		—
International Hedged Equity Fund		(118,013	)		(527,071	)		645,084
Commodity Country Equity Fund		(28,264	)		(436,493	)		464,757
Global Natural Resources Fund		(61,608	)		989,300			(927,692	)
Global ex-U.S. Utilities Fund		(51,774	)		(114,112	)		165,886
Global ex-U.S. Real Estate Fund		6,292,140			(5,737,155	)		(554,985	)

The differences are primarily due to redemptions-in-kind, currency gain/loss, Passive Foreign Investment Companies (“PFICs”), the tax treatment of income earned from investments in partnerships, non-deductible expenses, and non-dividend distributions from underlying investments.

GAAP provides guidance on tax provisions that prescribe a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Foreign taxes are provided for based on each Fund’s understanding of the tax rules and rates that exist in the foreign markets in which it invests. Taxes are accrued and applied to net investment income, net realized capital gains and net unrealized appreciation, as applicable, as the income is earned or capital gains are recorded. As of and during the fiscal year ended March 31, 2012, the Funds did not have any liabilities for unrecognized tax benefits relating to uncertain income tax positions they have taken or expect to take in the future. If applicable, the Funds will recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in “Other” expenses on the Statements of Operations. The Funds file tax returns with the Internal Revenue Service, the State of New York, and various other states. Generally, each of the tax years in the four-year period ended March 31, 2012, remains subject to examination by taxing authorities.


WisdomTree International Dividend and Sector Funds			175

Notes to Financial Statements (continued)

7. OTHER AFFILIATED PARTIES AND TRANSACTIONS

Affiliated holdings are Funds which are managed by the Trust or an affiliate of the Trust. Transactions with affiliated companies during the year ended March 31, 2012 are as follows:


Affiliated Fund Name	Value at 3/31/2011		Purchases/ Additions		Sales/ Reductions		Value at 3/31/2012		Dividend Income
DEFA Fund
International Dividend ex-Financials Fund	$	1,723,819	$	14,896,488	$	15,647,046	$	388,791	$	105,941

DEFA Equity Income Fund
International LargeCap Dividend Fund	$	215,177	$	6,406,513	$	5,682,180	$	820,710	$	41,516

Global Equity Income Fund
DEFA Equity Income Fund	$	170,446	$	2,320,859	$	2,254,754	$	178,611	$	13,791
Equity Income Fund		56,591		755,027		757,632		59,494		3,380
Total	$	227,037	$	3,075,886	$	3,012,386	$	238,105	$	17,171

Europe SmallCap Dividend Fund
International MidCap Dividend Fund	$	97,451	$	1,070,192	$	1,142,689	$	1,251	$	1,100

Global ex-U.S. Growth Fund
DEFA Fund	$	77,100	$	936,288	$	896,685	$	70,044	$	1,196
Emerging Markets Equity Income Fund		51,882		613,417		588,846		46,606		941
WisdomTree India Earnings Fund		1,174,699		279,976		1,028,358		268,744		2,593
Total	$	1,303,681	$	1,829,681	$	2,513,889	$	385,394	$	4,730

Japan SmallCap Dividend Fund
Japan Hedged Equity Fund	$	572,259	$	4,167,524	$	4,694,678	$	—	$	1,611

Asia Pacific ex-Japan Fund
DEFA Fund	$	348,069	$	71,314	$	421,738	$	—	$	—
Global ex-U.S. Real Estate Fund		—		1,507,526		1,475,085		—		3,758
WisdomTree India Earnings Fund		—		2,644,991		167,177		2,198,209		14,507
Total	$	348,069	$	4,223,831	$	2,064,000	$	2,198,209	$	18,265

Australia Dividend Fund
Asia Pacific ex-Japan Fund	$	136,741	$	283,901	$	407,826	$	—	$	2,406

International LargeCap Dividend Fund
Asia Pacific ex-Japan Fund	$	390,104	$	1,964,344	$	2,275,091	$	—	$	23,903
International MidCap Dividend Fund		—		2,377,381		2,321,893		30,021		6,191
Total	$	390,104	$	4,341,725	$	4,596,984	$	30,021	$	30,094

International Dividend ex-Financials Fund
International LargeCap Dividend Fund	$	160,763	$	8,425,996	$	8,390,720	$	5,215	$	44,723

International MidCap Dividend Fund
Australia Dividend Fund	$	—	$	1,209,045	$	1,136,659	$	41,611	$	6,861
International LargeCap Dividend Fund		266,492		890,937		1,131,035		—		7,883
International SmallCap Dividend Fund		271,398		894,324		1,125,625		—		7,177
Japan Hedged Equity Fund		—		1,205,585		1,181,219		41,402		1,741
Total	$	537,890	$	4,199,891	$	4,574,538	$	83,013	$	23,662

International SmallCap Dividend Fund
Europe SmallCap Dividend Fund	$	724,750	$	1,615,746	$	2,094,314	$	126,577	$	29,179
Japan SmallCap Dividend Fund		1,376,837		7,943,026		9,352,490		105,609		11,778
Total	$	2,101,587	$	9,558,772	$	11,446,804	$	232,186	$	40,957


176		WisdomTree International Dividend and Sector Funds

Notes to Financial Statements (continued)


Affiliated Fund Name	Value at 3/31/2011		Purchases/ Additions		Sales/ Reductions		Value at 3/31/2012		Dividend Income
Emerging Markets Equity Income Fund
Emerging Markets SmallCap Dividend Fund	$	—	$	1,062,091	$	1,076,181	$	—	$	—
Global Equity Income Fund		1,907,623		6,501,608		6,058,925		2,136,100		83,246
Total	$	1,907,623	$	7,563,699	$	7,135,106	$	2,136,100	$	83,246

Emerging Markets SmallCap Dividend Fund
Emerging Markets Equity Income Fund	$	4,661,410	$	19,635,924	$	22,203,235	$	831,370	$	26,496
WisdomTree India Earnings Fund		10,123,269		8,878,251		8,983,683		7,457,099		53,334
Total	$	14,784,679	$	28,514,175	$	31,186,918	$	8,288,469	$	79,830

International Hedged Equity Fund
DEFA Fund	$	—	$	925,090	$	859,304	$	34,707	$	2,132

Commodity Country Equity Fund
DEFA Fund	$	33,107	$	295,128	$	323,402	$	—	$	142
Global Natural Resources Fund		—		474,938		436,898		12,952		905
Total	$	33,107	$	770,066	$	760,300	$	12,952	$	1,047

Global Natural Resources Fund
DEFA Fund	$	121,839	$	322,526	$	440,265	$	—	$	—
Global Equity Income Fund		—		852,037		812,248		—		1,231
WisdomTree India Earnings Fund		—		287,360		66,664		175,429		1,268
Total	$	121,839	$	1,461,923	$	1,319,177	$	175,429	$	2,499

Global ex-U.S. Utilities Fund
DEFA Fund	$	107,423	$	506,131	$	608,441	$	—	$	—
Global ex-U.S. Real Estate Fund		—		469,618		454,420		—		639
WisdomTree India Earnings Fund		—		246,732		53,691		158,501		1,139
Total	$	107,423	$	1,222,481	$	1,116,552	$	158,501	$	1,778

Global ex-U.S. Real Estate Fund
DEFA Fund	$	165,534	$	693,736	$	844,165	$	—	$	4,433
Global Natural Resources Fund		—		1,974,448		1,861,665		—		8,518
Total	$	165,534	$	2,668,184	$	2,705,830	$	—	$	12,951

8. NEW ACCOUNTING PRONOUNCEMENTS

In April 2011, the FASB issued Accounting Standards Update (“ASU”) 2011-03 “Reconsideration of Effective Control for Repurchase Agreements” (“ASU 2011-03”). The objective of ASU 2011-03 is to improve the accounting for repurchase agreements and similar agreements that both entitle and obligate a transferor to repurchase or redeem financial assets before their maturity. This guidance is effective prospectively for interim and annual reporting periods beginning on or after December 15, 2011. ASU 2011-03 modifies the criteria for determining effective control of transferred assets and as a result certain agreements may now be accounted for as secured borrowings. ASU 2011-03 is effective prospectively for new transfers and existing transactions that are modified in the first interim or annual period beginning on or after December 15, 2011. Management is currently evaluating the implications of this change and its impact on the financial statements.


WisdomTree International Dividend and Sector Funds			177

Notes to Financial Statements (concluded)

9. LEGAL MATTER


178		WisdomTree International Dividend and Sector Funds

Report of Independent Registered Public Accounting Firm

The Board of Trustees and Shareholders of WisdomTree Trust:

We have audited the accompanying statements of assets and liabilities, including the schedules of investments, of WisdomTree DEFA Fund, WisdomTree DEFA Equity Income Fund, WisdomTree Global Equity Income Fund, WisdomTree Europe SmallCap Dividend Fund, WisdomTree Japan Hedged Equity Fund, WisdomTree Global ex-U.S. Growth Fund, WisdomTree Japan SmallCap Dividend Fund, WisdomTree Asia Pacific ex-Japan Fund, WisdomTree Australia Dividend Fund, WisdomTree International LargeCap Dividend Fund, WisdomTree International Dividend ex-Financials Fund, WisdomTree International MidCap Dividend Fund, WisdomTree International SmallCap Dividend Fund, WisdomTree Emerging Markets Equity Income Fund, WisdomTree Emerging Markets SmallCap Dividend Fund, WisdomTree Middle East Dividend Fund, WisdomTree International Hedged Equity Fund, WisdomTree Commodity Country Equity Fund, WisdomTree Global Natural Resources Fund, WisdomTree Global ex-U.S. Utilities Fund and WisdomTree Global ex-U.S. Real Estate Fund (twenty-one of the investment funds constituting the WisdomTree Trust (the “Trust”)) as of March 31, 2012, and the related statements of operations for the year then ended, the statements of changes in net assets for each of the two years in the period ended, and the financial highlights for each of the periods indicated therein. These financial statements and financial highlights are the responsibility of the Trust’s management. Our responsibility is to express an opinion on these financial statements and financial highlights based on our audits.

In our opinion, the financial statements and financial highlights referred to above present fairly, in all material respects, the financial position of WisdomTree DEFA Fund, WisdomTree DEFA Equity Income Fund, WisdomTree Global Equity Income Fund, WisdomTree Europe SmallCap Dividend Fund, WisdomTree Japan Hedged Equity Fund, WisdomTree Global ex-US Growth Fund, WisdomTree Japan SmallCap Dividend Fund, WisdomTree Asia Pacific ex-Japan Fund, WisdomTree Australia Dividend Fund, WisdomTree International LargeCap Dividend Fund, WisdomTree International Dividend ex-Financials Fund, WisdomTree International MidCap Dividend Fund, WisdomTree International SmallCap Dividend Fund, WisdomTree Emerging Markets Equity Income Fund, WisdomTree Emerging Markets SmallCap Dividend Fund, WisdomTree Middle East Dividend Fund, WisdomTree International Hedged Equity Fund, WisdomTree Commodity Country Equity Fund, WisdomTree Global Natural Resources Fund, WisdomTree Global ex-U.S. Utilities Fund and WisdomTree Global ex-U.S. Real Estate Fund of WisdomTree Trust at March 31, 2012, the results of their operations for the year then ended, the changes in their net assets for each of the two years in the period then ended, and the financial highlights for each of the indicated periods, in conformity with U.S. generally accepted accounting principles.

LOGO

New York, New York

May 25, 2012


WisdomTree International Dividend and Sector Funds			179

Approval of Investment Advisory and Sub-Advisory Agreement (unaudited)

The Board also considered the nature and quality of the services to be provided by WTAM to the Funds, recognizing WTAM’s

operational capabilities and resources. The Board also noted the extensive responsibilities that WTAM has as investment adviser to the Funds, including the selection of the Funds’ Sub-Adviser, oversight of the Sub-Adviser’s compliance with Fund policies and objectives, oversight of general Fund compliance with federal and state laws, and the implementation of Board directives as they relate to the Funds.

Based on these considerations and the overall high quality of the personnel, operations, financial condition, investment advisory

capabilities, methodologies, and performance of WTAM and MCM, the Board determined that the re-approval of the Advisory

Agreement and the Sub-Advisory Agreement for each Fund was in the best interests of each Fund. After full consideration of these and other factors, the Board, including a majority of the Independent Trustees, with the assistance of independent counsel, approved the Advisory Agreement and Sub-Advisory Agreement for each Fund.


180		WisdomTree International Dividend and Sector Funds

Frequency Distribution of Discounts & Premiums (unaudited)


				Market Price Above or Equal to Net Asset Value					Market Price Below Net Asset Value
		Basis Point Differential*		Number of Days		Percentage of Total Days			Number of Days		Percentage of Total Days
WisdomTree DEFA Fund
June 16, 2006 – March 31, 2012			0 – 24.9		212		13.95	%		112		7.37	%
			25 – 49.9		257		16.91	%		105		6.91	%
			50 – 74.9		231		15.20	%		69		4.54	%
			75 – 99.9		135		8.88	%		52		3.42	%
			100 – 124.9		78		5.13	%		36		2.37	%
	��		125 – 174.9		81		5.33	%		58		3.82	%
			175 – 199.9		13		0.86	%		12		0.79	%
			200 – 249.9		17		1.12	%		13		0.86	%
			>250		19		1.25	%		20		1.32	%
			Total		1043		68.62	%		477		31.38	%
WisdomTree DEFA Equity Income Fund
June 16, 2006 – March 31, 2012			0 – 24.9		192		12.63	%		157		10.33	%
			25 – 49.9		218		14.34	%		124		8.16	%
			50 – 74.9		224		14.74	%		71		4.67	%
			75 – 99.9		150		9.87	%		52		3.42	%
			100 – 124.9		67		4.41	%		45		2.96	%
			125 – 174.9		61		4.01	%		46		3.03	%
			175 – 199.9		17		1.12	%		15		0.99	%
			200 – 249.9		21		1.38	%		22		1.45	%
			>250		20		1.32	%		18		1.18	%
			Total		970		63.82	%		550		36.18	%
WisdomTree Global Equity Income Fund
June 16, 2006 – March 31, 2012			0 – 24.9		230		15.13	%		147		9.67	%
			25 – 49.9		263		17.30	%		85		5.59	%
			50 – 74.9		233		15.33	%		56		3.68	%
			75 – 99.9		171		11.25	%		47		3.09	%
			100 – 124.9		92		6.05	%		31		2.04	%
			125 – 174.9		60		3.95	%		31		2.04	%
			175 – 199.9		10		0.66	%		7		0.46	%
			200 – 249.9		13		0.86	%		9		0.59	%
			>250		18		1.18	%		17		1.12	%
			Total		1090		71.71	%		430		28.29	%
WisdomTree Europe SmallCap Dividend Fund
June 16, 2006 – March 31, 2012			0 – 24.9		204		13.42	%		180		11.84	%
			25 – 49.9		171		11.25	%		150		9.87	%
			50 – 74.9		155		10.20	%		103		6.78	%
			75 – 99.9		95		6.25	%		84		5.53	%
			100 – 124.9		54		3.55	%		76		5.00	%
			125 – 174.9		48		3.16	%		87		5.72	%
			175 – 199.9		10		0.66	%		26		1.71	%
			200 – 249.9		18		1.18	%		13		0.86	%
			>250		13		0.86	%		33		2.17	%
			Total		768		50.53	%		752		49.47	%


WisdomTree International Dividend and Sector Funds			181

Frequency Distribution of Discounts & Premiums (unaudited) (continued)


			Market Price Above or Equal to Net Asset Value					Market Price Below Net Asset Value
	Basis Point Differential*		Number of Days		Percentage of Total Days			Number of Days		Percentage of Total Days
WisdomTree Japan Hedged Equity Fund
June 16, 2006 – March 31, 2012		0 – 24.9		158		10.39	%		140		9.21	%
		25 – 49.9		148		9.74	%		115		7.57	%
		50 – 74.9		156		10.26	%		85		5.59	%
		75 – 99.9		129		8.49	%		68		4.47	%
		100 – 124.9		89		5.86	%		46		3.03	%
		125 – 174.9		90		5.92	%		97		6.38	%
		175 – 199.9		29		1.91	%		18		1.18	%
		200 – 249.9		25		1.64	%		26		1.71	%
		>250		37		2.43	%		64		4.21	%
		Total		861		56.64	%		659		43.36	%
WisdomTree Global ex-U.S.Growth Fund
June 16, 2006 – March 31, 2012		0 – 24.9		169		11.12	%		149		9.80	%
		25 – 49.9		177		11.64	%		99		6.51	%
		50 – 74.9		195		12.83	%		80		5.26	%
		75 – 99.9		140		9.21	%		69		4.54	%
		100 – 124.9		89		5.86	%		41		2.70	%
		125 – 174.9		71		4.67	%		61		4.01	%
		175 – 199.9		16		1.05	%		24		1.58	%
		200 – 249.9		24		1.58	%		34		2.24	%
		>250		34		2.24	%		48		3.16	%
		Total		915		60.20	%		605		39.80	%
WisdomTree Japan SmallCap Dividend Fund
June 16, 2006 – March 31, 2012		0 – 24.9		164		10.79	%		133		8.75	%
		25 – 49.9		173		11.38	%		134		8.82	%
		50 – 74.9		135		8.88	%		90		5.92	%
		75 – 99.9		117		7.70	%		74		4.87	%
		100 – 124.9		84		5.53	%		46		3.03	%
		125 – 174.9		93		6.12	%		87		5.72	%
		175 – 199.9		19		1.25	%		20		1.32	%
		200 – 249.9		25		1.64	%		41		2.70	%
		>250		38		2.50	%		47		3.09	%
		Total		848		55.79	%		672		44.21	%
WisdomTree Asia Pacific ex-Japan Fund
June 16, 2006 – March 31, 2012		0 – 24.9		168		11.05	%		160		10.53	%
		25 – 49.9		195		12.83	%		118		7.76	%
		50 – 74.9		128		8.42	%		79		5.20	%
		75 – 99.9		104		6.84	%		53		3.49	%
		100 –124.9		66		4.34	%		59		3.88	%
		125 –174.9		96		6.32	%		74		4.87	%
		175 –199.9		27		1.78	%		22		1.45	%
		200 –249.9		30		1.97	%		39		2.57	%
		>250		36		2.37	%		66		4.34	%
		Total		850		55.92	%		670		44.08	%
WisdomTree Australia Dividend Fund
June 16, 2006 – March 31, 2012		0 – 24.9		172		11.32	%		136		8.95	%
		25 – 49.9		177		11.64	%		112		7.37	%
		50 – 74.9		152		10.00	%		82		5.39	%
		75 – 99.9		103		6.78	%		61		4.01	%
		100 –124.9		67		4.41	%		57		3.75	%
		125 –174.9		85		5.59	%		82		5.39	%
		175 –199.9		26		1.71	%		21		1.38	%
		200 –249.9		34		2.24	%		41		2.70	%
		>250		35		2.30	%		77		5.07	%
		Total		851		55.99	%		669		44.01	%


182		WisdomTree International Dividend and Sector Funds

Frequency Distribution of Discounts & Premiums (unaudited) (continued)


			Market Price Above or Equal to Net Asset Value					Market Price Below Net Asset Value
	Basis Point Differential*		Number of Days		Percentage of Total Days			Number of Days		Percentage of Total Days
WisdomTree International LargeCap Dividend Fund
June 16, 2006 – March 31, 2012		0 – 24.9		205		13.49	%		151		9.93	%
		25 – 49.9		277		18.22	%		79		5.20	%
		50 – 74.9		202		13.29	%		66		4.34	%
		75 – 99.9		154		10.13	%		51		3.36	%
		100 –124.9		70		4.61	%		45		2.96	%
		125 –174.9		72		4.74	%		48		3.16	%
		175 –199.9		17		1.12	%		12		0.79	%
		200 –249.9		19		1.25	%		10		0.66	%
		>250		24		1.58	%		18		1.18	%
		Total		1040		68.42	%		480		31.58	%
WisdomTree International Dividend ex-Financials Fund
June 16, 2006 – March 31, 2012		0 – 24.9		204		13.42	%		170		11.18	%
		25 – 49.9		238		15.66	%		110		7.24	%
		50 – 74.9		208		13.68	%		65		4.28	%
		75 – 99.9		110		7.24	%		47		3.09	%
		100 –124.9		76		5.00	%		51		3.36	%
		125 –174.9		68		4.47	%		58		3.82	%
		175 –199.9		18		1.18	%		20		1.32	%
		200 –249.9		18		1.18	%		14		0.92	%
		>250		16		1.05	%		29		1.91	%
		Total		956		62.89	%		564		37.11	%
WisdomTree International MidCap Dividend Fund
June 16, 2006 – March 31, 2012		0 – 24.9		199		13.09	%		205		13.49	%
		25 – 49.9		204		13.42	%		155		10.20	%
		50 – 74.9		185		12.17	%		78		5.13	%
		75 – 99.9		79		5.20	%		62		4.08	%
		100 –124.9		65		4.28	%		51		3.36	%
		125 –174.9		56		3.68	%		77		5.07	%
		175 –199.9		15		0.99	%		19		1.25	%
		200 –249.9		7		0.46	%		19		1.25	%
		>250		16		1.05	%		28		1.84	%
		Total		826		54.34	%		694		45.66	%
WisdomTree International SmallCap Dividend Fund
June 16, 2006 – March 31, 2012		0 –24.9		185		12.17	%		140		9.21	%
		25 –49.9		224		14.74	%		109		7.17	%
		50 –74.9		178		11.71	%		66		4.34	%
		75 –99.9		141		9.28	%		61		4.01	%
		100 –124.9		94		6.18	%		53		3.49	%
		125 –174.9		91		5.99	%		51		3.36	%
		175 –199.9		22		1.45	%		18		1.18	%
		200 –249.9		15		0.99	%		27		1.78	%
		>250		24		1.58	%		21		1.38	%
		Total		974		64.08	%		546		35.92	%
WisdomTree Emerging Markets Equity Income Fund
July 13, 2007 – March 31, 2012		0 – 24.9		106		8.47	%		75		6.00	%
		25 – 49.9		113		9.03	%		46		3.68	%
		50 – 74.9		159		12.71	%		24		1.92	%
		75 – 99.9		143		11.43	%		37		2.96	%
		100 –124.9		140		11.19	%		29		2.32	%
		125 –174.9		176		14.07	%		32		2.56	%
		175 –199.9		36		2.88	%		15		1.20	%
		200 –249.9		37		2.96	%		12		0.96	%
		>250		43		3.44	%		28		2.24	%
		Total		953		76.18	%		298		23.82	%


WisdomTree International Dividend and Sector Funds			183

Frequency Distribution of Discounts & Premiums (unaudited) (continued)


			Market Price Above or Equal to Net Asset Value					Market Price Below Net Asset Value
	Basis Point Differential*		Number of Days		Percentage of Total Days			Number of Days		Percentage of Total Days
WisdomTree Emerging Markets SmallCap Dividend Fund
October 30, 2007 – March 31, 2012		0 –24.9		104		8.85	%		83		7.06	%
		25 – 49.9		111		9.45	%		51		4.34	%
		50 – 74.9		137		11.66	%		52		4.43	%
		75 – 99.9		123		10.47	%		35		2.98	%
		100 – 124.9		107		9.11	%		33		2.81	%
		125 –174.9		125		10.64	%		36		3.06	%
		175 –199.9		34		2.89	%		13		1.11	%
		200 –249.9		39		3.32	%		15		1.28	%
		>250		50		4.26	%		27		2.30	%
		Total		830		70.64	%		345		29.36	%
WisdomTree Middle East Dividend Fund
July 16, 2008 – March 31, 2012		0 – 24.9		46		4.61	%		57		5.72	%
		25 – 49.9		59		5.92	%		64		6.42	%
		50 – 74.9		65		6.52	%		32		3.21	%
		75 – 99.9		58		5.82	%		37		3.71	%
		100 –124.9		74		7.42	%		27		2.71	%
		125 –174.9		120		12.04	%		44		4.41	%
		175 –199.9		47		4.71	%		8		0.80	%
		200 –249.9		70		7.02	%		18		1.81	%
		>250		141		14.14	%		30		3.01	%
		Total		680		68.20	%		317		31.80	%
WisdomTree International Hedged Equity Income Fund
June 16, 2006 – March 31, 2012		0 – 24.9		75		13.23	%		68		11.99	%
		25 – 49.9		81		14.29	%		41		7.23	%
		50 – 74.9		74		13.05	%		28		4.94	%
		75 – 99.9		64		11.29	%		18		3.17	%
		100 –124.9		46		8.11	%		11		1.94	%
		125 –174.9		33		5.82	%		11		1.94	%
		175 –199.9		6		1.06	%		1		0.18	%
		200 –249.9		2		0.35	%		5		0.88	%
		>250		1		0.18	%		2		0.35	%
		Total		382		67.37	%		185		32.63	%
WisdomTree Commodity Country Equity Fund
October 13, 2006 – March 31, 2012		0 – 24.9		188		13.08	%		184		12.80	%
		25 – 49.9		185		12.87	%		124		8.63	%
		50 – 74.9		167		11.62	%		90		6.26	%
		75 – 99.9		99		6.89	%		59		4.11	%
		100 –124.9		66		4.59	%		47		3.27	%
		125 –174.9		51		3.55	%		68		4.73	%
		175 –199.9		14		0.97	%		15		1.04	%
		200 –249.9		14		0.97	%		21		1.46	%
		>250		20		1.39	%		25		1.74	%
		Total		804		55.95	%		633		44.05	%
WisdomTree Global Natural Resources Fund
October 13, 2006 – March 31, 2012		0 – 24.9		162		11.27	%		157		10.93	%
		25 – 49.9		169		11.76	%		115		8.00	%
		50 – 74.9		142		9.88	%		88		6.12	%
		75 – 99.9		118		8.21	%		50		3.48	%
		100 –124.9		102		7.10	%		49		3.41	%
		125 –174.9		83		5.78	%		64		4.45	%
		175 –199.9		17		1.18	%		19		1.32	%
		200 –249.9		24		1.67	%		13		0.90	%
		>250		26		1.81	%		39		2.71	%
		Total		843		58.66	%		594		41.34	%


184		WisdomTree International Dividend and Sector Funds

Frequency Distribution of Discounts & Premiums (unaudited) (concluded)


			Market Price Above or Equal to Net Asset Value					Market Price Below Net Asset Value
	Basis Point Differential*		Number of Days		Percentage of Total Days			Number of Days		Percentage of Total Days
WisdomTree Global ex-U.S. Utilities Fund
October 13, 2006 – March 31, 2012		0 – 24.9		168		11.69	%		165		11.48	%
		25 – 49.9		178		12.39	%		115		8.00	%
		50 – 74.9		166		11.55	%		99		6.89	%
		75 – 99.9		116		8.07	%		73		5.08	%
		100 –124.9		67		4.66	%		50		3.48	%
		125 –174.9		56		3.90	%		74		5.15	%
		175 –199.9		18		1.25	%		18		1.25	%
		200 – 249.9		11		0.77	%		14		0.97	%
		>250		16		1.11	%		33		2.30	%
		Total		796		55.39	%		641		44.61	%
WisdomTree Global ex-U.S. Real Estate Fund
June 5, 2007 – March 31, 2012		0 – 24.9		142		11.11	%		103		8.06	%
		25 – 49.9		172		13.46	%		78		6.10	%
		50 – 74.9		152		11.89	%		54		4.23	%
		75 – 99.9		107		8.37	%		52		4.07	%
		100 –124.9		79		6.18	%		38		2.97	%
		125 –174.9		83		6.49	%		54		4.23	%
		175 –199.9		33		2.58	%		25		1.96	%
		200 –249.9		22		1.72	%		18		1.41	%
		>250		28		2.19	%		38		2.97	%
		Total		818		64.01	%		460		35.99	%

*	Basis point (bps) is a unit that is equal to 1/100th of 1%.


WisdomTree International Dividend and Sector Funds			185

Trustee and Officer Information (unaudited)

The address of each Trustee and Officer is c/o WisdomTree Asset Management, Inc., 380 Madison Avenue, 21st Floor, New York, New York 10017.

Interested Trustee and Officers


Name (year of birth)	Position	Term of Office and Length of Time Served	Principal Occupation(s) During the Past 5 Years	Number of Portfolios in Fund Complex Overseen by Trustee/ Officer+	Other Directorships Held by Trustee/ Officer
Jonathan Steinberg (1964)	Trustee, President*	Trustee and Officer since 2005	President, WisdomTree Trust since 2005; Chief Executive Officer of WisdomTree Investments, Inc. and Director of WisdomTree Investments, Inc. since 1989.	48	None.

Amit Muni (1969)	Treasurer,* Assistant Secretary*	Officer since 2008	Chief Financial Officer and Assistant Secretary of WisdomTree Investments, Inc. since March 2008; International Securities Exchange Holdings, Inc. (ISE), Controller and Chief Accounting Officer from 2003 to 2008.	48	None.

Richard Morris (1967)	Secretary,* Chief Legal Officer*	Officer since 2005	General Counsel of WisdomTree Asset Management since 2009; Chief Compliance Officer of WisdomTree Trust since 2009; Deputy General Counsel of WisdomTree Investments, Inc. since 2005; Senior Counsel at Barclays Global Investors’ N.A. from 2002 to 2005.	48	None.

+	As of March 31, 2012.

*	Elected by and serves at the pleasure of the Board of Trustees.


186		WisdomTree International Dividend and Sector Funds

Trustee and Officer Information (unaudited) (concluded)

Independent Trustees


Name (year of birth)	Position	Term of Office and Length of Time Served	Principal Occupation(s) During the Past 5 Years	Number of Portfolios in Fund Complex Overseen by Trustee+	Other Directorships Held by Trustee
Gregory Barton (1961)*	Trustee	Trustee since 2006	Executive Vice President of Business Legal Affairs, General Counsel and Secretary of TheStreet, Inc. 2009 to present; General Counsel of Martha Stewart Living Omnimedia, Inc. from 2007 to 2008; Executive Vice President of Licensing and Legal Affairs, General Counsel and Secretary of Ziff Davis Media Inc. from 2004 to 2007; Executive Vice President of Legal Affairs, General Counsel and Secretary of Ziff Davis Media Inc. from 2002 to 2004; President from 2001 to 2002, Chief Financial Officer from 2000 to 2002, Vice President of Business Development from 1999 to 2001 and General Counsel and Secretary from 1998 to 2002 of WisdomTree Investments, Inc.	48	Trustee, GLG Investment Series Trust; and Trustee Man Long Short Fund

Toni Massaro (1955)**	Trustee	Trustee since 2006	Dean Emerita at University of Arizona James E. Rogers College of Law (“Rogers College of Law”) since 2009 (distinguished Emerita in July 2009); Dean at the Rogers College of Law from 1999 to 2009; Regents’ Professor since 2006; Milton O. Riepe Chair in Constitutional Law since 1997; Professor at the Rogers College of Law since 1990.	48	None.

Victor Ugolyn (1947)	Trustee, Chairman of the Board of Trustees	Trustee since 2006	Private Investor - 2005 to Present; President and Chief Executive Officer of William D. Witter, Inc. from 2005 to 2006; Consultant to AXA Enterprise in 2004; Chairman, President and Chief Executive Officer of Enterprise Capital Management (subsidiary of The MONY Group, Inc.) and Enterprise Group of Funds, Chairman of MONY Securities Corporation, and Chairman of the Fund Board of Enterprise Group of Funds 1991 to 2004.	48	Member of Board of New York Society of Security Analysts; Member of the Board of Governors of Naismith Memorial Basketball Hall of Fame.

+	As of March 31, 2012.

*	Chair of the Audit Committee.

**	Chair of the Governance and Nominating Committee.


WisdomTree International Dividend and Sector Funds			187

Supplemental Information (unaudited)

Federal Income Tax Information


Fund	Qualified Dividend Income
DEFA Fund	$	8,301,699
DEFA Equity Income Fund		3,639,587
Global Equity Income Fund		2,133,927
Europe SmallCap Dividend Fund		1,076,609
Japan Hedged Equity Fund		10,284,313
Global ex-U.S. Growth Fund		1,025,426
Japan SmallCap Dividend Fund		4,616,000
Asia Pacific ex-Japan Fund		1,355,661
Australia Dividend Fund		2,239,915
International LargeCap Dividend Fund		3,666,612
International Dividend ex-Financials Fund		5,577,278
International MidCap Dividend Fund		2,769,596
International SmallCap Dividend Fund		12,510,164
Emerging Markets Equity Income Fund		40,053,764
Emerging Markets SmallCap Dividend Fund		16,741,758
Middle East Dividend Fund		587,951
International Hedged Equity Fund		582,183
Commodity Country Equity Fund		860,175
Global Natural Resources Fund		689,752
Global ex-U.S. Utilities Fund		531,155
Global ex-U.S. Real Estate Fund		2,664,182


188		WisdomTree International Dividend and Sector Funds

Supplemental Information (unaudited) (concluded)


Fund	Gross Foreign Income		Foreign Taxes Paid
DEFA Fund	$	9,158,214	$	446,379
DEFA Equity Income Fund		4,208,703		184,273
Global Equity Income Fund		1,913,542		131,233
Europe SmallCap Dividend Fund		944,898		78,792
Japan Hedged Equity Fund		11,031,900		744,737
Global ex-U.S. Growth Fund		1,409,168		124,268
Japan SmallCap Dividend Fund		4,121,702		288,815
Asia Pacific ex-Japan Fund		2,559,450		172,146
Australia Dividend Fund		2,266,648		34,784
International LargeCap Dividend Fund		3,284,179		156,921
International Dividend ex-Financials Fund		5,916,087		229,189
International MidCap Dividend Fund		3,096,970		173,040
International SmallCap Dividend Fund		13,243,977		785,691
Emerging Markets Equity Income Fund		95,923,339		10,206,373
Emerging Markets SmallCap Dividend Fund		36,205,716		5,131,542
Middle East Dividend Fund		1,167,059		90,823
International Hedged Equity Fund		558,697		36,012
Commodity Country Equity Fund		1,052,778		76,157
Global Natural Resources Fund		632,643		42,862
Global ex-U.S. Utilities Fund		782,197		47,773
Global ex-U.S. Real Estate Fund		4,834,063		211,443


WisdomTree International Dividend and Sector Funds			189

General Information (unaudited)

Proxy Voting Policies, Procedures and Record

Shareholder Reports and Quarterly Portfolio Disclosure

The Funds are required to file their complete schedule of portfolio holdings with the SEC for their first and third fiscal quarters on Form N-Q. Copies of the filings are available, without charge, on the SEC’s website at www.sec.gov, and are also available by calling the Trust at 1-866-909-WISE (9473). You can also obtain copies of Form N-Q by (i) visiting the SEC’s Public Reference Room in Washington, DC (information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330), (ii) sending your request and a duplicating fee to the SEC’s Public Reference Room, Washington, DC 20549-0102 or (iii) sending your request electronically to publicinfo@sec.gov.

Information about each Fund’s portfolio holdings is available daily, without charge, at www.wisdomtree.com.

Each Fund’s Statement of Additional Information (“SAI”) has additional information about the Funds’ Trustees and Officers and is available without charge upon request. Contact your financial representative for a free prospectus or SAI.


190		WisdomTree International Dividend and Sector Funds

The WisdomTree Family of Funds

The following is a list of WisdomTree Funds being offered, along with their respective ticker symbols, as of March 31, 2012:

WisdomTree Domestic Dividend Funds

WisdomTree Total Dividend Fund (DTD)

WisdomTree Equity Income Fund (DHS)

WisdomTree LargeCap Dividend Fund (DLN)

WisdomTree Dividend ex-Financials Fund (DTN)

WisdomTree MidCap Dividend Fund (DON)

WisdomTree SmallCap Dividend Fund (DES)

WisdomTree International Dividend Funds

WisdomTree DEFA Fund (DWM)

WisdomTree DEFA Equity Income Fund (DTH)

WisdomTree Global Equity Income Fund (DEW)

WisdomTree Europe SmallCap Dividend Fund (DFE)

WisdomTree Japan Hedged Equity Fund (DXJ)

WisdomTree Global ex-U.S. Growth Fund (DNL)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

WisdomTree Asia Pacific ex-Japan Fund (AXJL)

WisdomTree Australia Dividend Fund (AUSE)

WisdomTree International LargeCap Dividend Fund (DOL)

WisdomTree International Dividend ex-Financials Fund (DOO)

WisdomTree International MidCap Dividend Fund (DIM)

WisdomTree International SmallCap Dividend Fund (DLS)

WisdomTree Emerging Markets Equity Income Fund (DEM)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

WisdomTree Middle East Dividend Fund (GULF)

WisdomTree International Hedged Equity Fund (HEDJ)

WisdomTree International Dividend
Sector Funds

WisdomTree Commodity Country Equity Fund (CCXE)

WisdomTree Global Natural Resources Fund (GNAT)

WisdomTree Global ex-U.S. Utilities Fund (DBU)

WisdomTree Global ex-U.S. Real Estate Fund (DRW)

WisdomTree Domestic and International Earnings Funds

WisdomTree Total Earnings Fund (EXT)

WisdomTree Earnings 500 Fund (EPS)

WisdomTree MidCap Earnings Fund (EZM)

WisdomTree SmallCap Earnings Fund (EES)

WisdomTree LargeCap Value Fund (EZY)

WisdomTree LargeCap Growth Fund (ROI)

WisdomTree India Earnings Fund (EPI)

WisdomTree Currency Funds

WisdomTree Dreyfus Brazilian Real Fund (BZF)

WisdomTree Dreyfus Chinese Yuan Fund (CYB)

WisdomTree Dreyfus Commodity Currency Fund (CCX)

WisdomTree Dreyfus Emerging Currency Fund (CEW)

WisdomTree Dreyfus Indian Rupee Fund (ICN)

WisdomTree Dreyfus Japanese Yen Fund (JYF)

WisdomTree Dreyfus South African Rand Fund (SZR)

WisdomTree Fixed Income Funds

WisdomTree Asia Local Debt Fund (ALD)

WisdomTree Australia & New Zealand Debt Fund (AUNZ)

WisdomTree Emerging Markets Local Debt Fund (ELD)

WisdomTree Emerging Markets Corporate Bond Fund (EMCB)

WisdomTree Euro Debt Fund (EU)

WisdomTree Alternative Funds

WisdomTree Global Real Return Fund (RRF)

WisdomTree Managed Futures Strategy Fund (WDTI)

Investors’ should consider the investment objectives, risks, charges and expenses of the Funds carefully before investing. A prospectus, containing this and other information, is available at www.wisdomtree.com, or by calling 1-866-909-WISE (9473). Investors’ should read the prospectus carefully before investing. There are risks associated with investing, including possible loss of principal. Past performance does not guarantee future results. Indexes are unmanaged and you cannot invest directly in an index.

There are risks associated with investing including possible loss of principal. Foreign investing involves special risks, such as risk of loss from currency fluctuation or political or economic uncertainty. Investments in real estate involve additional special risks, such as credit risk, interest rate fluctuations and the effect of varied economic conditions. Funds that focus their investments in one country or region may be significantly impacted by events and developments associated with the region which can adversely affect performance. Funds focusing on a single sector and/or smaller companies generally experience greater price volatility. Investments in emerging, offshore or frontier markets are generally less liquid and less efficient than investments in developed markets and are subject to additional risks, such as risks of adverse governmental regulation and intervention or political developments. Inflation protected securities do not eliminate risks associated with inflation or deflation. Investments in currency involve additional special risks, such as credit risk and interest rate fluctuations. Derivative investments can be volatile and these investments may be less liquid than other securities, and more sensitive to the effect of varied economic conditions. As these Funds can have a high concentration in some issuers the Funds can be adversely impacted by changes affecting such issuers.

One of the risks associated with the Managed Futures Strategy Fund (WDTI) and the Global Real Return Fund (RRF) is the complexity of the different factors which contribute to each Fund’s performance, as well as their correlation (or non-correlation) of such Funds’ to other asset classes. These factors include use of long and short positions in commodity futures contracts, currency forward contracts, swaps and other derivatives. An investment in WDTI is speculative and involves a substantial degree of risk. WDTI should not be used as a proxy for taking long only (or short only) positions in commodities or currencies. In markets without sustained price trends or markets that quickly reverse or “whipsaw” WDTI may suffer significant losses. Unlike typical exchange-traded funds, there are no indexes that the Currency Funds, Fixed Income Funds, WDTI or RRF attempt to track or replicate. Thus, the ability of these Funds to achieve their objectives will depend on the effectiveness of the portfolio manager. Due to the investment strategy of certain Fund’s they may make higher capital gain distributions than other ETFs. Please read each Fund’s prospectus for specific details regarding the Fund’s risk profile.

The Dow Jones Global Select Real Estate Securities (ex-US) Index is calculated, distributed and marketed by Dow Jones Indexes, a licensed trademark of CME Group Index Services LLC, and has been licensed for use.

WisdomTree Trust

380 Madison Avenue, 21st Floor

New York, NY 10017

LOGO

WisdomTree International Dividend and Sector Funds

WisdomTree DEFA Fund (DWM)

WisdomTree DEFA Equity Income Fund (DTH)

WisdomTree Global Equity Income Fund (DEW)

WisdomTree Europe SmallCap Dividend Fund (DFE)

WisdomTree Japan Hedged Equity Fund (DXJ)

WisdomTree Global ex-U.S. Growth Fund (DNL)

(formerly, WisdomTree World ex-U.S. Growth Fund (DNL))

WisdomTree Japan SmallCap Dividend Fund (DFJ)

WisdomTree Asia Pacific ex-Japan Fund (AXJL)

(formerly, WisdomTree Pacific ex-Japan Total Dividend Fund (DND))

WisdomTree Australia Dividend Fund (AUSE)

(formerly, WisdomTree Pacific ex-Japan Equity Income Fund (DNH))

WisdomTree International LargeCap Dividend Fund (DOL)

WisdomTree International Dividend ex-Financials Fund (DOO)

WisdomTree International MidCap Dividend Fund (DIM)

WisdomTree International SmallCap Dividend Fund (DLS)

WisdomTree Emerging Markets Equity Income Fund (DEM)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

WisdomTree Middle East Dividend Fund (GULF)

WisdomTree International Hedged Equity Fund (HEDJ)

WisdomTree Commodity Country Equity Fund (CCXE)

(formerly, WisdomTree International Basic Materials Sector Fund (DBN))

WisdomTree Global Natural Resources Fund (GNAT)

(formerly, WisdomTree International Energy Sector Fund (DKA))

WisdomTree Global ex-U.S. Utilities Fund (DBU)

(formerly, WisdomTree International Utilities Sector Fund (DBU))

WisdomTree Global ex-U.S. Real Estate Fund (DRW)

(formerly, WisdomTree International Real Estate Fund (DRW))

WisdomTree Fund shares are distributed by ALPS Distributors, Inc.

WIS004137 (05/2013)

Item 2. Code of Ethics.

(a) The Registrant has adopted a code of ethics (the “Code of Ethics”) that applies to persons appointed by the Registrant’s Board of Trustees as the President and Chief Executive Officer, Chief Financial Officer, Treasurer and/or Chief Accounting Officer, and any persons performing similar functions. For the fiscal year ended March 31, 2012, there were no amendments to any provision of the Code of Ethics. A copy of this code is filed with this Form N-CSR under Item 12(a) (1).

(b) Not applicable.

(c) The Trust has not amended its Code of Ethics during the period covered by the shareholder report presented in Item 1 hereto.

(d) The Trust has not granted a waiver or an implicit waiver from a provision of its Code of Ethics.

(e) Not applicable.

(f) The Trust’s Code of Ethics is attached hereto as an exhibit.

Item 3. Audit Committee Financial Expert.

The Registrant’s Board of Trustees has determined that the Registrant has one audit committee financial expert, as that term is defined under Item 3(b) and 3(c), serving on its audit committee. The audit committee financial expert serving on the Registrant’s audit committee is Greg Barton, who is an independent Trustee of the Trust, as that term is defined under Item 3(a) (2).

Item 4. Principal Accountant Fees and Services.

The principal accountant fees disclosed in item 4(a), 4(b), 4(c), 4(d) and 4(g) are for the thirty-four funds of the Registrant for which the fiscal year-end is March 31, 2012 and whose annual financial statements are reported in Item 1.

(a) Audit Fees. The aggregate fees billed from the Trust’s fiscal year ended March 31, 2012 for professional services rendered by the principal accountant for the audit of the Trust’s annual financial statements or services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements are as follows:

2012: $682,485

2011: $659,011

(b) Audit-Related Fees. The aggregate fees billed from the Trust’s fiscal year ended March 31, 2012 for professional services rendered for assurance and related services by the principal accountant that are reasonably related to the performance of the audit of the Trust’s financial statements and are not reported above in Item 4(a) are as follows:

2012: $0

2011: $0

(c) Tax Fees. The aggregate fees billed from the Trust’s fiscal year ended March 31, 2012 for professional services rendered by the principal accountant for tax compliance, tax advice and tax planning are as follows:

2012: $438,490

2011: $438,622

(d) All Other Fees. The aggregate fees billed from the Trust’s fiscal year ended March 31, 2012 for products and services provided by the principal accountant, other than the services reported above in Items 4(a) through (c) are as follows:

2012: $0

2011: $78,560

(e)	Audit Committee Pre-Approval Policies and Procedures.

(i) Per Rule 2-01(c) (7) (A), the Registrant’s audit committee charter provides that the audit committee shall select and approve in advance the retention of independent accountants to annually audit and provide their opinion on the Registrant’s financial statements. The audit committee must also approve prior to appointment the engagement of the principal accountant to provide other audit services to the Registrant or to provide non-audit services to the Registrant, its investment adviser, or any entity controlling, controlled by, or under common control with its investment adviser (“adviser/affiliate”) that provides ongoing services to the Registrant, if the engagement by the investment adviser or adviser affiliate relates directly to the operations and financial reporting of the Registrant. The audit committee must also, prior to appointment of the engagement of the principal accountant, review and approve the fees proposed to be charged to the Registrant by the auditors for each audit and non-audit service. The audit committee must also consider whether non-audit services provided by the Registrant’s principal accountant to the Registrant’s investment adviser, or adviser/affiliate that provides ongoing services to the Trust are compatible with maintaining the auditor’s independence.

(ii) The Registrant’s Audit Committee has approved 100% of services described in each of Items 4(b) through (d) pursuant to paragraph (c) (7) (A) of Rule 2-01 of Regulation S-X.

(f) The percentage of hours expended on the principal accountant’s engagement to audit the Trust’s financial statements for the most recent fiscal year attributable to work performed by persons other than the principal accountant’s full-time, permanent employees was 0%.

(g) The aggregate non-audit fees billed by the Trust’s accountant for services rendered to the Trust, the Advisor or any entity controlling, controlled by, or under common control with the Advisor that provides ongoing services to the Trust (except for any sub-advisor whose role is primarily portfolio management and is sub-contracted with or overseen by another investment advisor) that for the fiscal year ended March 31, 2012 are as follows:

2012: $438,490

2011: $517,182

(h)	Not applicable.

Item 5. Audit Committee of Listed Registrants.

The Registrant is an issuer as defined in Rule 10A-3 under the Exchange Act and has a separately-designated standing audit committee established in accordance with Section 3(a) (58)A of the Exchange Act. The Registrant’s audit committee members are Greg Barton, Toni Massaro and Victor Ugolyn.

Item 6. Schedule of Investments.

The schedule is included as part of the report to shareholders filed under Item 1 of this form.

Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.

Not applicable.

Item 8. Portfolio Managers of Closed-End Management Investment Companies.

Not applicable.

Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.

Not applicable.

Item 10. Submission of Matters to a Vote of Security Holders.

Not applicable.

Item 11. Controls and Procedures.

(a) Based on their evaluation of the Registrant’s disclosure controls and procedures (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) as of a date within 90 days prior to the filing date of this report, the President and Treasurer of the Registrant have concluded that such disclosure controls and procedures are reasonably designed and effective to ensure that material information relating to the Registrant, is made known to them by others within those entities.

(b) There were no changes in the Registrant’s internal control over financial reporting (as defined in Rule 30 a-3(d) under the Investment Company Act of 1940) that occurred during the Registrant’s second fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.

Item 12. Exhibits.

(a)(1) Code of Ethics for Senior Officers that is the subject of Item 2 is attached.

(a)(2) Certification of each principal executive officer and principal financial officer of the Registrant as required by Rule 30a-2 under the Act (17 CFR 270.30a-2) is attached hereto as a part of EX-99.CERT.

(a)(3) Not applicable.

(b) Certification of each principal executive officer and principal financial officer of the Registrant as required by Section 906 of the Sarbanes-Oxley Act of 2002 is attached hereto as a part of EX-99.906CERT.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant) WisdomTree Trust

By: /s/ Jonathan L. Steinberg

Name: Jonathan L. Steinberg

Title: President

Date: June 07, 2012

By: /s/ Amit Muni

Name: Amit Muni

Title: Treasurer

Date: June 07, 2012

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By: /s/ Jonathan L. Steinberg

Name: Jonathan L. Steinberg

Title: President

Date: June 07, 2012

By: /s/ Amit Muni

Name: Amit Muni

Title: Treasurer

Date: June 07, 2012

WisdomTree Cloud Computing Fund (WCLD) N-CSRCertified annual shareholder report (management investment company)