Western Asset Diversified Inc Fund:WDI

    Manage Alerts

    Overview

    As of 7/3/2022. NAV as of 7/1/2022.

     Share
    Price
    NAVPremium/
    Discount
    Current$13.85$15.51-10.70%
    52 Wk Avg $19.08 
    52 Wk High$20.60$20.12 
    52 Wk Low$13.43$15.49 
    Regular Distribution TypeManaged Distribution
    Distribution Rate10.40%
    Distribution Amount$0.1200
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund’s primary investment objective is to seek high current income. As a secondary investment objective, the Fund will seek capital appreciation. There can be no assurance that the Fund’s investment objectives will be achieved or that the Fund’s investment program will be successful.

    Capital Structure

    As of 7/3/2022

    Total Investment Exposure:$1,173.235M
    Total Common Assets:$803.235M
    Common Shares Outstanding:51,788,210
    Leverage

    As of 7/1/2022

    Preferred Share Assets:
    Total Debt (USD): $370.000M
    Regulatory Leverage (USD): $370.000M
    Effective Leverage (USD): $370.000M
    Effective Leverage (%): 31.54%
    Annual Expense Ratios

    As of 12/31/2021

      Per Common Share
    Management FeesN/A
    Other Expenses:N/A
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 1.82%
    Fund Management

    Fund Sponsor
    Franklin Templeton Investments

    Portfolio Managers
    Christopher F. Kilpatrick, Greg E. Handler, Annabel Rudebeck, S. Kenneth Leech, Michael C. Buchanan

    Basics
    Category: Fixed Income - Taxable-Multi-Sector
    Ticker: WDI
    NAV Ticker: XWDIX
    Average Daily Volume (shares): 163,605
    Average Daily Volume (USD): $2.859M
    Inception Date: 6/24/2021
    Inception Share Price: $20.00
    Inception NAV: $20.00
    Tender Offer: No
    Term: Yes
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 7/3/2022

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of
    Annualized Distribution Rate on NAV:
    As of 7/3/2022
    9.28%
    Total Return on NAV (12 months):
    As of 7/3/2022
    -17.43%
    Avg. Portfolio Coupon:
    As of 7/3/2022
    6.80%
    Total % Portfolio Effectively Leveraged:
    As of 7/3/2022
    31.54%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 7/4/2022

    PeriodAvg Discount
    6 Month-10.71%
    1 Year 
    3 Year 
    5 Year 
    Z-Score

    As of 7/4/2022

    PeriodZStat
    3 Month1.45
    6 Month0.08
    1 Year-0.78
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 6/30/2022
    Category: Morningstar US CEF Multi-Sector

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-20.85%-18.00%-15.68%-13.76%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 6/30/2022
    Category: Morningstar US CEF Multi-Sector

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 7/1/2022
    6.80%
    Number of Holdings:
    As of 4/30/2022
    329
    Annual Portfolio Turnover:
    As of 12/31/2021
    19.00%
    Average Bond Price:
    As of 4/30/2022
    $92.24
    Asset Allocation

    As of 4/30/2022

    Top Sectors

    As of 4/30/2022

    Sector%Portfolio
    Corporate (Super Sector)87.86%
    Corporate Bond60.16%
    Securitized (Super Sector)45.56%
    Asset Backed22.05%
    Bank Loan20.58%
    Government Commercial Mortgage Backed12.92%
    Agency Mortgage Backed8.46%
    Preferred Stock5.93%
    Government (Super Sector)4.82%
    Government Related2.80%
    Top Holdings

    As of 4/30/2022

    HoldingValue% Portfolio
    MPLX LP PRF PERPETUAL USD - Class A$18.80M2.02%
    BSREP COMMERCIAL MORTGAGE TRUST 6.375%$18.26M1.96%
    Community Health Systems Incorporated 6.875%$16.32M1.75%
    Targa Resources Co 9.5%$13.41M1.44%
    Directv Financing LLC/Directv Financing Co-Obligor Inc. 5.875%$13.38M1.43%
    Rockies Express Pipeline LLC 7.5%$13.14M1.41%
    Stonemor Incorporation 8.5%$12.10M1.30%
    Corecivic Inc 8.25%$11.98M1.28%
    American Airlines, Inc. 11.75%$11.87M1.27%
    Global Aircraft Leasing Co Ltd 6.5%$11.34M1.22%
    Credit Quality

    As of 4/30/2022

    Maturity Breakdown

    As of 4/30/2022

    Country Allocation

    As of 4/30/2022

    Country% Portfolio
    United States - Fixed Income107.40%
    Others - Fixed Income11.15%
    China - Fixed Income2.44%
    Argentina - Fixed Income2.43%
    Ireland - Fixed Income2.34%
    United Kingdom - Fixed Income1.99%
    Canada - Fixed Income1.52%
    Greece - Fixed Income0.71%
    New Zealand - Fixed Income0.71%
    Belgium - Fixed Income0.58%
    United States - Equity0.48%
    Turkey - Fixed Income0.32%
    Brazil - Fixed Income0.21%
    Netherlands - Fixed Income0.19%
    Israel - Fixed Income0.04%
    Russia - Fixed Income0.02%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    EWB-2036301PR-E0222X