WisdomTree filed with the SEC yesterday to register the S&P 500 Managed Distribution Fund. The fund will track the price and yield performance, before fees and expenses, of the S&P 500 Managed Distribution Index. No expense ratio was listed.

The Index the fund tracks is designed to provide exposure to ETFs that track the performance of the S&P 500 Index while reflecting a payment of quarterly distributions equal to an annualized rate of six percent (6%). Three Underlying ETFs that seek to track the performance of the S&P 500 Index make up the index: the SPDR S&P 500 ETF, the iShares Core S&P 500 ETF and the Vanguard S&P 500 ETF.

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