WDI News and Press, Western Asset Diversified Income Fund of Beneficial Interest From 07/31/22

Similar to PDO, WDI has recently bumped up its distribution by a small amount. This is at a time when there have been some massive declines in the underlying portfolios. This highlights how important the fact is the price of the bonds doesn't impact the income generated from the p...

The income space has enjoyed a well-deserved bounce after a terrible June. We take a look at a number of BDCs and CEFs that have lagged the recent rally and may hold an additional margin of safety in case of another swoon. We highlight 8-15% yielders such as TRIN, BXSL, JPI and WD...

The first half of the year has been a tough one for income assets, however, the pain has also delivered a stronger yield environment for income portfolios. We discuss the landscape for income assets with respect to compensation for taking credit and duration risk. And highlight wh...

We review CEF market valuation and performance through the last week of June and highlight recent market action. Higher-quality CEFs had a decent week, supported by the continued fall in Treasury yields while equity funds struggled. We discuss why discounts matter more from an inc...

How the market environment will develop in the medium term is highly uncertain due to an unusual post-pandemic recovery, an unusually high level of inflation, and Fed's hiking path. We revisit our All-Weather Income Portfolio, focusing on a fund version for investors who are less comf...

How the market environment will develop in the medium term is highly uncertain due to an unusual post-pandemic recovery, an unusually high level of inflation and a Fed hiking path. We discuss how income investors can aim to build an All-Weather portfolio - a portfolio that combines di...

High-yield corporate bond yields have nearly doubled this year on the back of the rise in Treasury yields and a back-up in credit spreads. At current yields, we find corporate bonds attractive in an environment of low default rates, strong macro indicators and decent corporate fundame...

Western Asset Diversified Income Fund (NYSE: WDI) today announced the financial position of the Fund as of March 31, 2022. Footnotes: (a) The difference between total assets and total net assets is due primarily to the Fund’s use of borrowings; total net assets do not inclu...

Today I want to show you how to build a “three-click” income portfolio that gives us three things every income investor craves, especially these days: Big discounts on our investments. Big dividends, with a 10.6% yield averaged out across three funds. Wide di...

We review CEF market valuation and performance through the third week of May and highlight recent market action. The CEF space had a pretty flat weak as a modest tightening in discounts offset further NAV falls. We take a look at the question of relative performance between High-Y...