Since adding the WisdomTree International Equity Fund (NYSE: DWM – $55.25) to the conservative portfolio in April of this year, the shares have appreciated nearly 12% and provided a dividend yield equal to 3% on an annualized basis. As detailed in my original posting at the time, DWM seeks to track the price and yield performance of the WisdomTree International Equity Index which is focused on large-cap value stocks. At least 95% of the fund’s total assets are invested in component securities of the dividend-weighted index of companies in the industrialized world – excluding Canada and the United States – that pay dividends. The fund is currently over-weighted in financials with large positions in companies that comprise the industrial and consumer discretionary sectors. DWM is also over-weighted in companies located in the U.K, Japan and France. At present, the fund is holding about 5.5% of its assets in cash.
Here is the latest breakdown of the fund’s holdings.
Overall, positions in the WisdomTree International Equity exchange traded fund is a solid, reliable option for conservative investors seeking dividends in the ex-North American space.