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

Western Asset Diversified Income Fund (NYSE:WDI) declared a monthly dividend on Monday, February 23rd. Shareholders of record on Thursday, May 21st will be paid a dividend of 0.1485 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 12.7%. The ex-dividend date of this dividend is Thursday, May 21st.

Western Asset Diversified Income Fund Stock Performance

Shares of WDI stock traded down $0.13 during mid-day trading on Monday, hitting $14.06. 216,202 shares of the stock traded hands, compared to its average volume of 250,391. The stock’s fifty day moving average is $13.91 and its two-hundred day moving average is $14.43. Western Asset Diversified Income Fund has a 52-week low of $12.44 and a 52-week 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.