May 6, 2021
On Thursday, WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange traded fund (ETF) and exchange-traded product (ETP) sponsor and asset manager, announced the launch of the
WisdomTree Alternative Income Fund (HYIN). HYIN seeks to track the price and yield performance, before fees and expenses, of the Gapstow Liquid Alternative Credit Index (GLACI). It carries an expense ratio of 3.20%.
Gapstow Capital Partners, a recognized alternative credit leader, has created the GLACI, which is an equal-weighted index that tracks the performance of debt and debt-based securities of approximately 35 “Publicly Traded Alternative Credit Vehicles” (PACs) that consist of Business Development Companies (BDCs), Real Estate Investment Trusts (REITs), and Closed-End Funds (CEFs).