Western Asset Diversified Income Fund Common Shares of Beneficial Interest (WDI)
Frequently Asked Questions About Western Asset Diversified Income Fund Common Shares of Beneficial Interest (WDI)
Can international investors buy shares in Western Asset Diversified Income Fund?
Yes, international investors can buy shares of Western Asset Diversified Income Fund as long as they can access U.S. stock exchanges through their brokerage accounts. However, they should check any tax implications and regulatory requirements in their home countries.
How can I invest in Western Asset Diversified Income Fund?
Investing in the Western Asset Diversified Income Fund can be done by purchasing its shares through brokerage accounts, just like any other publicly traded stock. It is listed on the New York Stock Exchange under the symbol 'WDI'.
How does one track the performance of Western Asset Diversified Income Fund?
Investors can track the performance of Western Asset Diversified Income Fund by monitoring its price on the NYSE ticker 'WDI' and reviewing performance metrics provided in financial reports issued by the fund, including NAV, total returns, and comparisons to benchmarks.
How does volatility affect Western Asset Diversified Income Fund?
Volatility in the market can impact the price of the fund's shares and the underlying fixed-income securities within its portfolio. Increased volatility may result in price fluctuations, but the fund's diversified approach is designed to help mitigate risks associated with market fluctuations.
How does Western Asset Diversified Income Fund handle interest rate fluctuations?
The management team at Western Asset Diversified Income Fund employs various strategies to manage interest rate risk, including duration management and diversifying its fixed-income investments to mitigate the impact of rising or falling interest rates.
How is Western Asset Diversified Income Fund different from traditional mutual funds?
Unlike traditional mutual funds, Western Asset Diversified Income Fund is a closed-end fund, which means it issues a fixed number of shares that trade on an exchange. This structure provides liquidity but can also lead to trading at a premium or a discount to net asset value (NAV).
Is there a minimum investment required to buy shares of Western Asset Diversified Income Fund?
Investors can purchase shares of Western Asset Diversified Income Fund in increments of a single share, so there is no specified minimum investment beyond the current share price.
Is Western Asset Diversified Income Fund a passively or actively managed fund?
Western Asset Diversified Income Fund is an actively managed fund, which means that its investment team actively makes decisions regarding asset allocation and security selection to maximize returns and manage risk.
What are the risks associated with investing in Western Asset Diversified Income Fund?
Investing in the Western Asset Diversified Income Fund involves various risks, including interest rate risk, credit risk associated with the underlying securities, market risk, and the potential for a loss of principal. Investors should carefully consider these risks before investing.
What does Western Asset Diversified Income Fund do?
Western Asset Diversified Income Fund is a closed-end investment fund that seeks to provide high current income with capital appreciation as a secondary objective. The fund primarily invests in a diversified portfolio of fixed-income securities, including investment-grade and high-yield bonds, as well as international debt instruments.
What has been the historical performance of Western Asset Diversified Income Fund?
The historical performance of Western Asset Diversified Income Fund can vary based on market conditions and the performance of its underlying assets. Investors should refer to the fund’s reports and disclosures for detailed performance data.
What is the distribution policy of Western Asset Diversified Income Fund?
The fund typically distributes income to shareholders on a monthly basis. The distributions can include interest income, capital gains, and return of capital, depending on the fund's performance and strategy.
What is the expense ratio of Western Asset Diversified Income Fund?
The expense ratio of the fund represents the percentage of assets used for operational expenses. It is important for investors to check the current expense ratio, as it can affect net returns.
What is the fund's benchmark for performance comparison?
Western Asset Diversified Income Fund typically uses a custom blended index of various fixed-income benchmarks as a reference for comparing its performance, including indices that track both investment-grade and high-yield bonds.
What is the primary objective of Western Asset Diversified Income Fund?
The primary objective of the fund is to provide high current income to its shareholders through investments in a diverse range of fixed-income securities. Capital appreciation is considered a secondary objective.
What types of assets does the fund primarily invest in?
The fund primarily invests in a variety of fixed-income assets, including corporate bonds, government securities, mortgage-backed securities, and other debt instruments, aiming to deliver a diversified income stream.
When was Western Asset Diversified Income Fund established?
Western Asset Diversified Income Fund was established on February 28, 2020, allowing it to take advantage of various market opportunities since its inception.
Where is Western Asset Diversified Income Fund headquartered?
Western Asset Diversified Income Fund is headquartered in Pasadena, California, where its management company, Western Asset Management, is situated.
Who manages the Western Asset Diversified Income Fund?
The fund is managed by Western Asset Management Company, a leading investment management firm specializing in fixed-income investment strategies and well-known for its experienced portfolio management team.
What is the current price of Western Asset Diversified Income Fund Common Shares of Beneficial Interest?
The current price of Western Asset Diversified Income Fund Common Shares of Beneficial Interest is 14.47
When was Western Asset Diversified Income Fund Common Shares of Beneficial Interest last traded?
The last trade of Western Asset Diversified Income Fund Common Shares of Beneficial Interest was at 7:00 pm EDT on April 2nd, 2025