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

Western Asset Diversified Income Fund (NYSE:WDI) declared a monthly dividend on Monday, February 23rd. Investors of record on Thursday, April 23rd will be paid a dividend of 0.1485 per share on Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 12.7%. The ex-dividend date is Thursday, April 23rd.

Western Asset Diversified Income Fund Stock Down 0.9%

WDI opened at $14.06 on Tuesday. The company has a fifty day moving average of $13.91 and a 200 day moving average of $14.43. Western Asset Diversified Income Fund has a fifty-two week low of $12.44 and a fifty-two week high of $15.28.

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.