WDI

Western Asset Diversified Income Fund

14.38 USD
-0.06
0.42%
Updated Dec 23, 11:47 AM EST
1 day
-0.42%
5 days
-3.62%
1 month
-2.51%
3 months
-7.35%
6 months
-1.03%
Year to date
0.98%
1 year
1.70%
5 years
-28.14%
10 years
-28.14%
 

About: Western Asset Diversified Income Fund is a newly-organized, diversified, closed-end management investment company. The fund's primary investment objective is to seek high current income.

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

11% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 18

7% less funds holding

Funds holding: 59 [Q2] → 55 (-4) [Q3]

10.91% less ownership

Funds ownership: 32.29% [Q2] → 21.38% (-10.91%) [Q3]

28% less capital invested

Capital invested by funds: $241M [Q2] → $173M (-$67.7M) [Q3]

36% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 11

Research analyst outlook

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

Financial journalist opinion

Positive
Seeking Alpha
3 weeks ago
WDI: 12% Yield On Fixed Income
WDI pays a monthly distribution, has a termination date of 6/4/2033. WDI's valuations show a discount to NAV, but historical discounts have been deeper. The article provides a comprehensive overview of the fund's profile, including its dividend yield, holdings, and performance metrics.
WDI: 12% Yield On Fixed Income
Neutral
Business Wire
1 month ago
Western Asset Diversified Income Fund Announces Financial Position as of September 30, 2024
NEW YORK--(BUSINESS WIRE)--Category: Financials.
Western Asset Diversified Income Fund Announces Financial Position as of September 30, 2024
Positive
Seeking Alpha
1 month ago
WDI: Attractive Monthly Distribution, But Watching Coverage As Discount Narrows
Western Asset Diversified Income Fund (WDI) is a multi-sector fixed-income CEF that's been performing quite strongly, though with the trade-off of a narrowing discount. WDI's distribution yield is quite attractive at 11.85%, but coverage is tight, and with the Fed cutting rates, that will likely face even more pressure. Alternative multi-sector fixed-income funds are also richly valued, which I believe still makes WDI worth holding despite the less appealing discount and tight distribution coverage.
WDI: Attractive Monthly Distribution, But Watching Coverage As Discount Narrows
Positive
24/7 Wall Street
1 month ago
These 10 Dividend Stocks Are Generating $520 In Dividend Income Every Month
According to
These 10 Dividend Stocks Are Generating $520 In Dividend Income Every Month
Positive
Seeking Alpha
1 month ago
Eleven High-Yield Closed End Funds: Five To Watch And Six To Buy
As a retired income investor, I focus on high-yield CEFs for reliable monthly distributions and potential capital gains from NAV discounts. Five CEFs to avoid currently: GOF, VVR, ARDC, WDI, IGR, due to high relative premiums or unfavorable market conditions. Recommended CEFs to buy/add: AOD, ASGI, JRI, MEGI, OPP, FSCO, offering high yields and potential for capital gains with favorable market conditions.
Eleven High-Yield Closed End Funds: Five To Watch And Six To Buy
Positive
Seeking Alpha
2 months ago
WDI: Interest Rate Cuts Are A Positive Catalyst
WDI offers an attractive 11.6% dividend yield, making it appealing for income-focused investors seeking supplemental income amid a low-return forecast for the S&P 500. The fund's diverse portfolio, primarily composed of high-yield credit investments, CLOs, and bank loans, supports its high distribution yield despite higher risk. Future interest rate cuts could enhance WDI's valuation and borrower environment, potentially boosting NAV growth and maintaining strong net investment income.
WDI: Interest Rate Cuts Are A Positive Catalyst
Positive
Seeking Alpha
3 months ago
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
Neutral
Seeking Alpha
4 months ago
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
Positive
Seeking Alpha
4 months ago
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
Neutral
Business Wire
4 months ago
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
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