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

Western Asset Diversified Income Fund (NYSE:WDI) announced a monthly dividend on Monday, February 23rd. Stockholders of record on Tuesday, March 24th will be paid a dividend of 0.1485 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 12.7%. The ex-dividend date of this dividend is Tuesday, March 24th.

Western Asset Diversified Income Fund Trading Down 0.9%

WDI stock traded down $0.13 during trading hours on Monday, hitting $14.06. 216,202 shares of the stock traded hands, compared to its average volume of 250,391. The stock has a 50-day simple moving average of $13.91 and a 200 day simple moving average of $14.43. Western Asset Diversified Income Fund has a one year low of $12.44 and a one year high of $15.28.

Institutional Trading of Western Asset Diversified Income Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. &PARTNERS bought a new stake in Western Asset Diversified Income Fund during the fourth quarter worth approximately $3,105,000. Readystate Asset Management LP acquired a new stake in shares of Western Asset Diversified Income Fund during the 4th quarter valued at $2,907,000. Shaker Financial Services LLC acquired a new stake in shares of Western Asset Diversified Income Fund during the 4th quarter valued at $1,859,000. Balyasny Asset Management L.P. bought a new stake in shares of Western Asset Diversified Income Fund during the 4th quarter worth $1,226,000. Finally, Penserra Capital Management LLC grew its holdings in shares of Western Asset Diversified Income Fund by 6.4% in the 3rd quarter. Penserra Capital Management LLC now owns 1,332,621 shares of the company’s stock worth $19,602,000 after acquiring an additional 79,694 shares during the last quarter.

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.