Western Asset Diversified Income Fund (WDI) to Issue Monthly Dividend of $0.15 on February 27th

Western Asset Diversified Income Fund (NYSE:WDI) announced a monthly dividend on Thursday, November 20th. Stockholders of record on Friday, February 20th will be given a dividend of 0.1485 per share on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 12.4%. The ex-dividend date is Friday, February 20th.

Western Asset Diversified Income Fund Stock Up 0.2%

Shares of WDI opened at $14.35 on Wednesday. Western Asset Diversified Income Fund has a 1-year low of $12.44 and a 1-year high of $15.28. The firm’s 50-day moving average price is $13.90 and its 200-day moving average price is $14.45.

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.