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WDI

Western Asset Diversified Income Fund

WDI

Market cap $605M

11.66 USD

-0.03

0.26%

At close Updated Oct 8, 9:42 AM EDT

1 day

-0.26%

5 days

-1.52%

1 month

-7.17%

3 months

-14.2%

6 months

-13.5%

Year to date

-14.89%

1 year

-22.11%

5 years

-39.8%

10 years

-41.73%

About: Western Asset Diversified Income Fund is a diversified, closed-end management investment company. The fund's primary investment objective is to seek high current income. As a secondary investment objective, the Fund will seek capital appreciation. The fund seeks to achieve its investment objectives by investing, under normal market conditions, across fixed income sectors and securities in seeking to deliver a well-diversified portfolio.

Financials Asset Management

News

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Sentiment 3-Months

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WDI: Very High Yield, But Might Not Be A Good Long-Term Holding

The Western Asset Diversified Income Fund offers a 15.10% yield but faces significant questions about distribution sustainability. WDI's net asset value has declined 9.42% YTD, indicating distributions exceed sustainable earnings and raising concerns about capital erosion. Although WDI covers distributions with net investment income, realized and unrealized losses undermine long-term sustainability, especially amid bond market headwinds.

WDI: Very High Yield, But Might Not Be A Good Long-Term Holding

Triple-Factor Closed-End Fund Report, September 2026: HFRO's Discount Keeps Widening

Our Triple-Factor screen identifies closed-end funds combining a yield above 6.5%, distribution coverage above 90%, and a discount to NAV, screening over 400 CEFs as of the close of September 15, 2026. Portfolio holdings Highland Opportunities and Income (HFRO), BNY Mellon High Yield Strategies (DHF), PIMCO Dynamic Income Opportunities (PDO), and Blackstone Strategic Credit 2027 (BGB) all rank among this month's top lists. As a reminder, these top lists are meant to be preliminary shortlists for further research, and are not meant to be the final analysis for a buy or sell decision.

Triple-Factor Closed-End Fund Report, September 2026: HFRO's Discount Keeps Widening

Triple-Factor Closed-End Fund Report, August 2026: A Few Portfolio Holdings Stand Out

The Triple-Factor CEF screen systematically identifies funds with yields above 6.5%, coverage above 90%, and discounts to NAV for balanced income and value. BNY Mellon High Yield Strategies Fund and Flaherty & Crumrine Preferred Income Opp stand out for deep discounts, strong yields, and robust coverage. Negative z-scores highlight CEFs trading below historical valuation ranges, suggesting potential mean-reversion opportunities for sophisticated investors.

Triple-Factor Closed-End Fund Report, August 2026: A Few Portfolio Holdings Stand Out

The Triple-Factor Closed-End Fund Report, June 2026

The Triple-Factor CEF screen highlights funds with >6.5% yield, >90% coverage, and discounts to NAV, balancing income, sustainability, and value. Top candidates like VVR, BGX, and DHF offer double-digit discounts, strong coverage, and yields up to 11.6%, presenting potential for both income and capital appreciation. Negative z-scores across several funds indicate they are trading well below historical valuation ranges, suggesting possible mean reversion opportunities.

The Triple-Factor Closed-End Fund Report, June 2026

Western Asset Diversified Income Fund Announces Financial Position as of March 31, 2026

NEW YORK--(BUSINESS WIRE)--Category: Financials.

Western Asset Diversified Income Fund Announces Financial Position as of March 31, 2026

WDI: NAV May Continue Declining If Dividend Isn't Reduced

Western Asset Diversified Income Fund (WDI) remains a hold due to ongoing NAV erosion and unsustainable dividend coverage amid high interest rates. WDI trades at a modest 1.95% discount to NAV, but the valuation is less compelling as payouts exceed earnings for the second consecutive year. The fund's 12.6% yield is attractive, yet continued over-distribution threatens NAV health and may necessitate a 25% payout reduction to stabilize returns.

WDI: NAV May Continue Declining If Dividend Isn't Reduced

Western Asset Diversified Income Fund Announces Results of Annual Meeting of Shareholders

NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.

Western Asset Diversified Income Fund Announces Results of Annual Meeting of Shareholders

Western Asset Diversified Income Fund (NYSE: WDI) Announces Portfolio Management Team Update

NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.

Western Asset Diversified Income Fund (NYSE: WDI) Announces Portfolio Management Team Update

WDI: Collect High-Yield Income From This Discounted, Diversified Fixed Income Fund

Western Asset Diversified Income Fund currently trades at a -5.5% discount to NAV, offering a compelling entry point for long-term income investors. WDI's diversified portfolio—anchored in high-yield credit, CLOs, and bank loans—supports a robust 13% yield, with monthly and annual special distributions. The fund's flexible, dynamic sector rotation and limited-term structure (liquidation by June 2033) may drive discount narrowing as maturity approaches.

WDI: Collect High-Yield Income From This Discounted, Diversified Fixed Income Fund

7 High-Yield Fixed Income CEFs Trading At Wide Discounts

Seven high-yield fixed income CEFs—ARDC, BGH, BIT, GHY, KIO, OPP, WDI—currently trade at wider-than-average discounts, offering yields from 10% to 14%. Market fears over private credit and macroeconomic uncertainty have pressured prices, creating potential buying opportunities for long-term income investors. These funds diversify across senior loans, high-yield bonds, CLOs, and MBS, balancing floating and fixed-rate exposure to manage interest rate risk.

7 High-Yield Fixed Income CEFs Trading At Wide Discounts

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