Western Asset Diversified Income Fund (WDI) To Go Ex-Dividend on August 24th

Western Asset Diversified Income Fund (NYSE:WDI – Get Free Report) declared a monthly dividend on Thursday, May 14th. Stockholders of record on Monday, August 24th will be given a dividend of 0.1485 per share on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 13.3%. The ex-dividend date of this dividend is Monday, August 24th.

Western Asset Diversified Income Fund Trading Down 0.9%

Shares of Western Asset Diversified Income Fund stock opened at $13.42 on Friday. Western Asset Diversified Income Fund has a 52-week low of $12.91 and a 52-week high of $15.28. The company has a 50 day moving average of $13.58 and a 200 day moving average of $13.90.

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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.

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