WisdomTree Private Credit and Alternative Income Fund Name Change Reflects Growing Focus on Private Credit

WisdomTree, a global financial innovator, has announced a name change to the WisdomTree Private Credit and Alternative Income Fund, previously known as the WisdomTree Alternative Income Fund. The Fund remains listed on the CBOE and maintains a total expense ratio of 4.32%. Since its launch in 2021, the Fund has provided investors with diversified exposure to alternative credit sectors, including business development companies, real estate investment trusts, and closed-end funds. The updated Fund name reflects WisdomTree's sharpened focus on private credit, a rapidly expanding asset class valued for its attractive income potential and portfolio diversification benefits.

Key Takeaways:

• The WisdomTree Private Credit and Alternative Income Fund aims to track the price and yield performance of the Gapstow Private Credit and Alternative Income Index (GLACI).
• The Fund has provided diversified exposure to alternative credit sectors, including business development companies, real estate investment trusts, and closed-end funds since its launch in 2021.
• The updated Fund name reflects WisdomTree's growing focus on private credit, a rapidly expanding asset class.
• The Fund offers a compelling solution for investors seeking alternative sources of yield, including private credit, and delivers diversified access to private credit through a transparent, liquid ETF structure.
• Jeremy Schwartz, Global Chief Investment Officer at WisdomTree, emphasized the Fund's focus on providing individual investors with access to traditionally institutional private credit markets.
• The Fund invests in alternative credit sectors through investments in underlying closed-end investment companies, business development companies, and real estate investment trusts.
• The Fund is considered to be non-diversified and may invest more of its assets in the securities of a single issuer or a smaller number of issuers than if it were a diversified fund.

Statistics:

• The total expense ratio of the Fund is 4.32%.
• 35 "Publicly Traded Alternative Credit Vehicles" (PACs) are tracked by the Gapstow Liquid Alternative Credit Index (GLACI).
• The Fund has been available to individual investors via ETF structure for four years.
• 866.909.9473 is the phone number to call for a prospectus containing important information about the Fund.

Sources:

• WisdomTree, Inc., press release, "WisdomTree Announces Name Change for WisdomTree Private Credit and Alternative Income Fund."
• WisdomTree, Inc., prospectus for the WisdomTree Private Credit and Alternative Income Fund.
• Gapstow, LLC, information on the Gapstow Liquid Alternative Credit Index (GLACI).