The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. High Yield Corporate Bond, Zero Duration Index (the index). The index is designed to provide long exposure to the performance of selected issuers in the U.S. non-investment-grade corporate bond (junk bonds) market that are deemed to have favorable fundamental and income characteristics while seeking to manage interest rate risk through the use of short positions in U.S. treasury securities. The fund is non-diversified.