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

Western Asset Diversified Income Fund (NYSE:WDI) announced a monthly dividend on Thursday, May 14th. Shareholders of record on Monday, August 24th will be paid a dividend of 0.1485 per share on Monday, August 31st. This represents a c) annualized dividend and a yield of 13.7%. The ex-dividend date of this dividend is Monday, August 24th.

Western Asset Diversified Income Fund Price Performance

Shares of NYSE WDI opened at $12.97 on Friday. Western Asset Diversified Income Fund has a twelve month low of $12.91 and a twelve month high of $15.28. The company’s fifty day moving average is $13.37 and its 200-day moving average is $13.57.

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.