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

Western Asset Diversified Income Fund (NYSE:WDI) declared a monthly dividend on Wednesday, August 5th. Investors of record on Friday, November 20th will be paid a dividend of 0.1485 per share on Monday, November 30th. This represents a c) annualized dividend and a yield of 13.6%. The ex-dividend date is Friday, November 20th.

Western Asset Diversified Income Fund Price Performance

Western Asset Diversified Income Fund stock opened at $13.07 on Thursday. Western Asset Diversified Income Fund has a fifty-two week low of $12.91 and a fifty-two week high of $15.28. The firm has a fifty day moving average price of $13.43 and a two-hundred day moving average price of $13.62.

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.