WDI
Western Asset Diversified Income FundWDI
WDI
About: Western Asset Diversified Income Fund is a newly-organized, diversified, closed-end management investment company. The fund's primary investment objective is to seek high current income.
0
Funds holding %
of 7,429 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
38% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 21
3% more capital invested
Capital invested by funds: $169M [Q1] → $173M (+$4.44M) [Q2]
0.01% more ownership
Funds ownership: 22.52% [Q1] → 22.54% (+0.01%) [Q2]
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
3% less funds holding
Funds holding: 69 [Q1] → 67 (-2) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for WDI.
Financial journalist opinion
Neutral
Seeking Alpha
1 week ago
WDI: Multisector Coupons In HY
Western Asset Diversified Income offers high current income via an actively managed, multi-sector credit portfolio, using leverage and dynamic asset allocation to capture diverse risk premiums. The fund's structural leverage amplifies both income and NAV volatility, with its performance highly sensitive to funding costs and credit market conditions. Key macro indicators—bank reserves, repo stress, and credit spreads—currently signal a stable environment, supporting the fund's pro-cyclical, credit-focused strategy.
Positive
Seeking Alpha
1 week ago
WDI: 11%-Plus Yield On Fixed Income, Monthly Payer
WDI offers broad fixed income exposure and a high yield, but is heavily weighted toward non-investment-grade assets and uses leverage, increasing risk. The fund's current 11.84% yield is attractive, but coverage of distributions has weakened slightly year over year. WDI has outperformed its category in 2025, but trades at a small premium to NAV, above its historical average discount, reducing its value proposition.
Neutral
Seeking Alpha
2 months ago
CEF Insights: Income Potential In Multi-Sector Bond Strategies
Ongoing market volatility may not surprise investors — but the potential of a multi-sector bond strategy to deliver reliable income might. WDI focuses on delivering high, consistent income by dynamically allocating across diverse fixed income sectors. Discover how a dynamic credit allocation can help investors manage risk and stay resilient from Mike Buchanan, Chief Investment Officer at Western Asset Management.
Neutral
Business Wire
3 months ago
Western Asset Diversified Income Fund Announces Financial Position as of March 31, 2025
NEW YORK--(BUSINESS WIRE)--Category: Financials.
Neutral
Business Wire
4 months ago
Western Asset Diversified Income Fund Announces Results of Annual Meeting of Shareholders
NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.
Neutral
Seeking Alpha
5 months ago
4 Closed-End Fund Buys (And A Sell) In The Month Of February 2025
The tech-heavy Nasdaq started to dip toward the end of February, but a strong last trading day of the month rally clawed back some of those losses. The equal-weighted S&P 500, as measured by the Invesco ETF RSP, held up reasonably well thanks to the value sectors putting up some better performance. Every month, I put some cash to work to grow my CEF portfolio income, though I've been allowing my cash pile to also grow over the last year or so.
Negative
Seeking Alpha
6 months ago
WDI: Uncertain Outlook Reduces Appeal (Rating Downgrade)
I am downgrading my rating on WDI due to the Fed's hawkish stance, prolonging the high interest rate environment. WDI's portfolio, heavily weighted in below investment grade credit, is sensitive to rising costs of debt and potential defaults, impacting net investment income. The fund's NAV discount has shrunk, reducing its attractiveness. The dividend yield remains high but may not be fully supported by net investment income.
Positive
Seeking Alpha
8 months ago
WDI: 12% Yield On Fixed Income
WDI pays a monthly distribution, has a termination date of 6/4/2033. WDI's valuations show a discount to NAV, but historical discounts have been deeper. The article provides a comprehensive overview of the fund's profile, including its dividend yield, holdings, and performance metrics.
Neutral
Business Wire
9 months ago
Western Asset Diversified Income Fund Announces Financial Position as of September 30, 2024
NEW YORK--(BUSINESS WIRE)--Category: Financials.
Positive
Seeking Alpha
9 months ago
WDI: Attractive Monthly Distribution, But Watching Coverage As Discount Narrows
Western Asset Diversified Income Fund (WDI) is a multi-sector fixed-income CEF that's been performing quite strongly, though with the trade-off of a narrowing discount. WDI's distribution yield is quite attractive at 11.85%, but coverage is tight, and with the Fed cutting rates, that will likely face even more pressure. Alternative multi-sector fixed-income funds are also richly valued, which I believe still makes WDI worth holding despite the less appealing discount and tight distribution coverage.
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