Western Asset Diversified Income Fund (WDI) to Issue Monthly Dividend of $0.15 on June 30th

Western Asset Diversified Income Fund (NYSE:WDI) announced a monthly dividend on Thursday, May 14th. Investors of record on Tuesday, June 23rd will be given a dividend of 0.1485 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 13.3%. The ex-dividend date of this dividend is Tuesday, June 23rd.

Western Asset Diversified Income Fund Trading Down 0.9%

NYSE:WDI opened at $13.42 on Friday. The firm’s fifty day simple moving average is $13.58 and its 200 day simple moving average is $13.90. Western Asset Diversified Income Fund has a twelve month low of $12.91 and a twelve month 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.