WisdomTree Alternative Income Fund(CBOE:HYIN)

HYINs index provider defines alternative credit to include all debt-based investments in which the yield and/or expected return is higher than investment-grade fixed income. The underlying portfolio contains US-listed closed-end funds, real estate investment trusts, and building development companies that have a stated investment objective of high-yield corporate bonds and broadly syndicated loans, private middle market corporate loans, collateralized loan obligations, mortgage-backed securities, other asset-backed securities, and/or real estate loans. Portfolio holdings must also meet minimum trading and liquidity requirements. Holdings are equally-weighted and classified within six alternative credit sectors: private corporate lending, public corporate debt, commercial real estate debt, agency real estate debt, non-agency real estate debt, and multi-sector alternative credit. Rebalancing of the index occurs quarterly, while reconstitution occurs semi-annually in April and October.