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

Western Asset Diversified Income Fund (NYSE:WDI) announced a monthly dividend on Wednesday, August 5th. Shareholders of record on Wednesday, September 23rd will be given a dividend of 0.1485 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 13.6%. The ex-dividend date is Wednesday, September 23rd.

Western Asset Diversified Income Fund Stock Performance

Shares of WDI opened at $13.07 on Thursday. The firm’s fifty day simple moving average is $13.43 and its 200-day simple moving average is $13.62. Western Asset Diversified Income Fund has a twelve month low of $12.91 and a twelve 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.