Western Asset Diversified Income Fund (NYSE:WDI) to Issue Monthly Dividend of $0.15

Western Asset Diversified Income Fund (NYSE:WDI) announced a monthly dividend on Monday, February 23rd. Shareholders of record on Thursday, April 23rd will be paid a dividend of 0.1485 per share on Thursday, April 30th. This represents a c) dividend on an annualized basis and a yield of 12.7%. The ex-dividend date is Thursday, April 23rd.

Western Asset Diversified Income Fund Trading Down 0.9%

NYSE:WDI traded down $0.13 on Monday, hitting $14.06. The stock had a trading volume of 216,202 shares, compared to its average volume of 250,391. Western Asset Diversified Income Fund has a 1 year low of $12.44 and a 1 year high of $15.28. The firm’s fifty day simple moving average is $13.91 and its two-hundred day simple moving average is $14.43.

Western Asset Diversified Income Fund (NYSE: WDI) is a closed-end management investment company sponsored and managed by Western Asset Management Company, LLC. Launched in mid-2009, the Fund seeks to provide current income with a secondary objective of capital preservation through diversified exposure to a broad range of fixed-income and income-oriented securities.

The Fund’s investment strategy emphasizes below-investment-grade debt instruments, including high-yield corporate bonds, bank loans, mortgage- and asset-backed securities, and emerging market sovereign and corporate issues.