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WisdomTree MidCap Dividend Fund (DON) surpasses USD1bn in assets


ETP sponsor and asset manager WisdomTree’s MidCap Dividend Fund (DON) has surpassed USD1 billion in assets. 

DON is designed to track the WisdomTree MidCap Dividend Index (WTMDI), a fundamentally weighted index that measures the performance of the mid-capitalization segment of the U.S. dividend-paying market.

Luciano Siracusano, WisdomTree Chief Investment Strategist, says: "There are a variety of dividend-focused funds and investment strategies, but we believe The WisdomTree MidCap Dividend Fund (DON) provides the broadest exposure to the mid-cap segment of the US dividend-paying market. For investors looking for potential dividend income in a portfolio, we believe DON could serve as a core exposure to the US mid-cap asset class."
 

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