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WDI - WDI: Deeply Discounted Multi-Sector Bond Fund Poor Timing Could Be Leading To Opportunity
Western Asset Diversified Income Fund of Beneficial Interest
WDI is a multi-sector bond fund that invests with a particular focus on being flexible.
At this time, most of their positions are in high-yield bonds and MBS holdings.
Since launch, the fund has been sliding downward, but it seems to be poor timing and not necessarily anything fundamentally wrong with the manager or fund specifically.