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

Western Asset Diversified Income Fund (NYSE:WDI) declared a monthly dividend on Thursday, May 14th. Shareholders of record on Friday, July 24th will be paid a dividend of 0.1485 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 13.2%. The ex-dividend date is Friday, July 24th.

Western Asset Diversified Income Fund Trading Down 0.7%

Shares of Western Asset Diversified Income Fund stock opened at $13.54 on Friday. The firm has a 50-day simple moving average of $13.59 and a two-hundred day simple moving average of $13.91. Western Asset Diversified Income Fund has a fifty-two week low of $12.91 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.