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

Western Asset Diversified Income Fund (NYSE:WDI) announced a monthly dividend on Wednesday, August 5th. Stockholders of record on Friday, November 20th will be given a dividend of 0.1485 per share on Monday, November 30th. This represents a c) annualized dividend and a dividend yield of 13.6%. The ex-dividend date of this dividend is Friday, November 20th.

Western Asset Diversified Income Fund Stock Performance

Western Asset Diversified Income Fund stock opened at $13.07 on Thursday. Western Asset Diversified Income Fund has a fifty-two week low of $12.91 and a fifty-two week high of $15.28. The firm’s 50-day simple moving average is $13.43 and its 200 day simple moving average is $13.62.

Institutional Trading of Western Asset Diversified Income Fund

Institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada raised its position in shares of Western Asset Diversified Income Fund by 15.1% in the first quarter. Royal Bank of Canada now owns 212,244 shares of the company’s stock worth $3,067,000 after buying an additional 27,777 shares in the last quarter. Integrated Wealth Concepts LLC bought a new stake in shares of Western Asset Diversified Income Fund in the 1st quarter worth approximately $531,000. Jane Street Group LLC boosted its position in Western Asset Diversified Income Fund by 8.8% during the first quarter. Jane Street Group LLC now owns 17,284 shares of the company’s stock valued at $250,000 after buying an additional 1,393 shares during the period. Cetera Investment Advisers grew its position in Western Asset Diversified Income Fund by 10.9% during the 2nd quarter. Cetera Investment Advisers now owns 30,768 shares of the company’s stock worth $457,000 after acquiring an additional 3,025 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Western Asset Diversified Income Fund by 35.0% in the second quarter. JPMorgan Chase & Co. now owns 143,759 shares of the company’s stock worth $2,133,000 after buying an additional 37,259 shares during the period.

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.