Western Asset Diversified Income Fund Stock Price, News & Analysis
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 traded at $13.43, down 0.96% from the previous close. Over the past 12 months, the stock has lost 6.9%, ranking #1,390 in 52-week price change. At a market capitalization of $702.9M, 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, 7 articles coincided with positive price movement and 3 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 424B3, 1 Form N-CEN, 1 Form DEF 14A. The most recent filing was submitted on April 23, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all WDI SEC filings →
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 135 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 94.1 thousand shares, down 9.0% from the previous reporting period, representing 0.2% of the float. Over the past 12 months, short interest has decreased by 65.3%. This relatively low short interest suggests limited bearish sentiment.
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. The days to cover has decreased 26.5% over the past year, suggesting improved liquidity for short covering. The ratio has shown significant volatility over the period, ranging from 1.0 to 2.1 days.
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 #50 by dividend yield. In monthly performance, the stock ranks #2,936 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.