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WDI - WDI: Fixed-Income Fund For Dividend Reinvestment
Western Asset Diversified Income Fund of Beneficial Interest
2025-04-29 19:28:31 ET
Summary
Western Asset Diversified Income Fund offers a compelling 12% yield, making it an attractive choice for income and total returns, especially in a bear market.
WDI pays monthly dividends, increasing from $0.12 to $0.15 since inception.
The fund invests in high-yield debt securities, leveraging about a third of its assets, and uses derivatives to hedge risks, providing additional investment income.
Despite potential macroeconomic challenges, WDI's diversified, collateral-secured portfolio and modest discount to NAV make it a solid buy for navigating turbulent times.