Company Description
Western Asset Diversified Income Fund (NYSE: WDI) is a diversified, closed-end management investment company that seeks high current income as its primary investment objective and capital appreciation as a secondary objective. The fund invests across fixed income sectors and securities under normal market conditions, using a diversified portfolio approach rather than operating a commercial business with products or services.
The fund is part of the Western Asset fund family and is structured as an exchange-listed closed-end fund. Its common shares trade on the New York Stock Exchange under the symbol WDI. As a closed-end fund, its public-company profile centers on portfolio composition, income generation, net asset value, market price, distributions, leverage when applicable, and shareholder governance.
Western Asset Diversified Income Fund’s shareholder communications include distribution announcements and governance materials. Distribution notices identify amounts declared by the fund’s board and describe the tax-characterization process that is reported to shareholders after year-end when applicable. Proxy materials document board oversight, trustee elections, independent registered public accountant ratification, and shareholder meeting matters.
Stock Performance
Western Asset Diversified Income Fund (WDI) stock last closed at $13.22. Over the past 12 months, the stock has lost 12.2%, ranking #2,568 in 52-week price change. At a market capitalization of $686.3M, WDI is classified as a small-cap stock with approximately 51.9M shares outstanding.
WDI Rankings
Latest News
Western Asset Diversified Income Fund has 10 recent news articles. Of the recent coverage, 6 articles coincided with positive price movement and 4 with negative movement. View all WDI news →
SEC Filings
Western Asset Diversified Income Fund has filed 5 recent SEC filings, including 1 Form 3, 1 Form 4, 1 Form 424B3, 1 Form N-CEN. The most recent filing was submitted on August 12, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all WDI SEC filings →
Insider Radar
Insider selling at Western Asset Diversified Income Fund over the past 90 days can reflect routine portfolio management, scheduled trading plans (Rule 10b5-1), tax planning, or compensation-related dispositions rather than a directional view on the stock.
Financial Highlights
Upcoming Events
Portfolio manager departure
Western Asset Diversified Income Fund has 1 upcoming scheduled event. The next event, "Portfolio manager departure", is scheduled for September 30, 2026 (in 42 days). Investors can track these dates to stay informed about potential catalysts that may affect the WDI stock price.
Short Interest History
Short interest in Western Asset Diversified Income Fund (WDI) currently stands at 41.9 thousand shares, down 65.6% from the previous reporting period, representing 0.1% of the shares outstanding. Since August 2025, short interest has decreased by 71.1%.
Days to Cover History
Days to cover for Western Asset Diversified Income Fund (WDI) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed.
WDI Company Profile & Sector Positioning
Western Asset Diversified Income Fund (WDI) operates in the Asset Management industry within the broader Financial Services sector and is listed on the NYSE. Among dividend-paying stocks, WDI ranks #59 by dividend yield. In monthly performance, the stock ranks #1,863 among all tracked companies.
Investors comparing WDI often look at related companies in the same sector, including DoubleLine Yield Opportunities Fund (DLY), Virtus Artificial Intelligence & Technology Opportunities Fund (AIO), BlackRock Resources & Commodities Strategy Trust (BCX), Tortoise Energy Infrastructure Corporation (TYG), and AllianceBernstein Global High Income Fund Inc. (AWF). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate WDI's relative position within its industry.