Western Asset Diversified Income Fund (WDI) to Issue Monthly Dividend of $0.15 on March 31st

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

Western Asset Diversified Income Fund Stock Down 0.5%

Shares of WDI opened at $13.99 on Wednesday. The firm’s fifty day simple moving average is $13.91 and its two-hundred day simple moving average is $14.42. Western Asset Diversified Income Fund has a 12 month low of $12.44 and a 12 month high of $15.28.

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.