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

Western Asset Diversified Income Fund (NYSE:WDI) announced a monthly dividend on Thursday, May 14th. Stockholders of record on Friday, July 24th will be paid a dividend of 0.1485 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 13.3%. The ex-dividend date is Friday, July 24th.

Western Asset Diversified Income Fund Stock Down 0.9%

Shares of NYSE WDI opened at $13.42 on Friday. Western Asset Diversified Income Fund has a 12 month low of $12.91 and a 12 month high of $15.28. The firm’s 50 day simple moving average is $13.58 and its 200-day simple moving average is $13.90.

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.