WDI News and Press, Western Asset Diversified Income Fund of Beneficial Interest From 11/07/23

2023-11-07 16:26:45 ET Summary In 2021, a dozen closed-end funds, or CEFs, were launched, but none of them performed well, with all of them experiencing negative total returns since inception. The CEFs trade at wide discounts to NAV, with an average discount of -12.5%, and offer h...

2023-10-26 08:01:26 ET Summary DoubleLine Yield Opportunities Fund has had a solid year in terms of total return performance as it rebounded from last year. That said, the Western Asset Diversified Income Fund is a potential alternative with a deeper discount and strong distributi...

2023-09-20 12:14:30 ET More on Western Asset Diversified Income Fund Dividend scorecard for Western Asset Diversified Income Fund WDI: Attractive Discount, ~12% Distribution Yield, And Solid Coverage WDI: Floating-Rate Exposure And Duration - A Compelling Combination...

2023-09-18 07:16:38 ET Summary If you're looking for a sustainable high-yield fund, Western Asset Diversified Income Fund could be it. WDI offers a high distribution yield, growing monthly distribution, and strong distribution coverage, which could mean even more increases in the ...

2023-09-01 04:32:44 ET Summary We provide a July update for the PIMCO CEF taxable suite. Taxable coverage fell for the second straight month while tax-exempt coverage remained stable. PIMCO is doing a tender offer of their very expensive auction-rate preferreds. PIMCO taxa...

2023-08-12 10:10:27 ET Summary We review CEF market valuation and performance through the first week of August and highlight recent market action. The CEF rally paused this week due to the Fitch downgrade and lower than expected jobs numbers. Investors and commentators often f...

Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of September, October and November 2023. The following dates apply to the distribution schedule below: This press release is not for tax reporting purposes ...

2023-07-17 16:29:39 ET Summary WDI and PAI are two funds that can deliver regular income to investors with a monthly distribution, though they pay out substantially different levels of yield. These are two quite different funds in terms of strategy and being leveraged vs. non-leve...

2023-06-30 15:26:27 ET Summary This article displays the first 6 months of 2023 high-yield performance. In just 6 months, I have achieved a 10% annual income growth rate exceeding my yearly goal of 8%. Portfolio yield was sitting at 12% for months providing excellent entry points,...

2023-05-24 12:31:04 ET Summary PDO and WDI both invest in below-investment-grade debt and are leveraged. That can make them riskier, so they might not be for everyone, but income investors often find them compelling for the higher distribution yields they can provide. Coverage...