WDI

Western Asset Diversified Income Fund
WDI

$15.66

0.45%

Market Cap: $811M

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

13% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 8

2% more funds holding

Funds holding: 58 [Q1] → 59 (+1) [Q2]

13.56% less ownership

Funds ownership: 35.32% [Q1] → 21.77% (-13.56%) [Q2]

26% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 23

39% less capital invested

Capital invested by funds: $264M [Q1] → $162M (-$102M) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for WDI.

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Financial journalist opinion

CEF Weekly Review: Not Everything Is An Arbitrage

We review the CEF market valuation and performance through the third week of August and highlight recent market action. CEFs had a strong week, with most sectors finishing in the green, supported by lower Treasury yields. Tortoise plans to merge three MLP-focused CEFs into a new ETF, potentially eliminating discounts but don't call it an arbitrage.

CEF Weekly Review: Not Everything Is An Arbitrage

CEF Weekly Review: PCF Tries To Get Shareholders To Care

We review CEF market valuation and performance through the second week of August and highlight recent market action. CEFs were mixed, with MLP funds recovering while REIT funds struggled. The CEF, High Income Securities Fund, is implementing a novel strategy to get its initiatives approved by shareholders.

CEF Weekly Review: PCF Tries To Get Shareholders To Care

WDI: 12% Yield, 3% Discount, Monthly Payer

Western Asset Diversified Income Fund is a relatively new CEF selling at a discount, with high current income and capital appreciation objectives. WDI pays a monthly distribution, has a termination date of 6/4/2033, and has shown strong performance in 2023 and 2024. WDI's valuations show a discount to NAV, but historical discounts have been deeper, making it a potential buy during volatile periods like September-October.

WDI: 12% Yield, 3% Discount, Monthly Payer

Franklin Templeton Fund Adviser, LLC Announces Distributions for the Months of September, October and November 2024

NEW YORK--(BUSINESS WIRE)--Category: Distribution Related.

Franklin Templeton Fund Adviser, LLC Announces Distributions for the Months of September, October and November 2024

WDI: Another Distribution Hike For This 12.5%-Yielding Credit Fund

We provide an update on the Western Asset Diversified Income Fund. Western Asset Diversified Income Fund recently increased its distribution, reflecting its record level of net income. WDI trades at a 7.6% discount and a 12.5% current yield.

WDI: Another Distribution Hike For This 12.5%-Yielding Credit Fund

Western Asset Diversified Income Fund Announces Financial Position as of March 31, 2024

NEW YORK--(BUSINESS WIRE)--Category: Financials.

Western Asset Diversified Income Fund Announces Financial Position as of March 31, 2024

Franklin Templeton Fund Adviser, LLC Announces Distributions for the Months of June, July and August 2024

NEW YORK--(BUSINESS WIRE)--Category: Distribution Related.

Franklin Templeton Fund Adviser, LLC Announces Distributions for the Months of June, July and August 2024

WDI: Fully Covered ~12% Yield

Western Asset Diversified Income Fund continues to perform well and is nearing our 'Buy' discount target. WDI's distribution is fully covered by net investment income, but coverage may decrease with expected rate cuts in the future. WDI's portfolio is diversified with a focus on high-yield credit, collateralized loan obligations, commercial MBS, and bank loans.

WDI: Fully Covered ~12% Yield

CEF Weekly Review: Price Chart Is Not A Good Guide To CEF Allocation

We review CEF market valuation and performance through the fourth week of April and highlight recent market action. CEFs were mostly up on the week, however remain in the red through the month. Investors should evaluate funds based on historic total NAV return and individual features, rather than price behavior.

CEF Weekly Review: Price Chart Is Not A Good Guide To CEF Allocation

Western Asset Diversified Income Fund Announces Results of Annual Meeting of Shareholders

NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.

Western Asset Diversified Income Fund Announces Results of Annual Meeting of Shareholders

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