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Stock impact report

WisdomTree Floating Rate Treasury Fund (USFR) Celebrates 10-Year Anniversary

WisdomTree, Inc. (WT) 
Company Research Source: Business Wire
Fund offers investors a strategic solution amidst current and prospective interest rate landscape NEW YORK--(BUSINESS WIRE)--WisdomTree, Inc. (NYSE: WT), a global financial innovator, today celebrates the ten-year anniversary of the launch of the WisdomTree Floating Rate Treasury Fund (USFR). Over this ten-year period, investors have been presented with a myriad of rate landscapes and USFR has stood the test of time.“We’re thrilled to celebrate the 10-year anniversary of USFR, but what’s more is its incredible runway is still intact,” said Kevin Flanagan, Head of Fixed Income Strategy at WisdomTree. “While, initially, investors viewed it as a rate hedge strategy and gravitated to it when the Fed was tightening monetary policy, it has proven to have a strategic place in investors’ portfolios for all different types of rate landscapes. We believe it’s one for investors to consider from the current and prospective interest rate landscape.”The U.S. Treasury completed its first floating Show less Read more
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