Western Asset Diversified Income Fund Overview
Pro stress-test →Western Asset Diversified Income Fund (WDI) is a diversified, closed-end management investment company with a primary investment objective of seeking high current income. Franklin Templeton Fund Adviser, LLC is the investment manager of the Fund.
Strategic Profile
Pro stress-test →The Fund seeks to achieve its investment objectives by investing across fixed income sectors and securities in seeking to deliver a diversified portfolio. Western Asset Management Company, LLC seeks to dynamically rotate investments into sectors and securities that it believes to be undervalued from a fundamental perspective with an attractive return profile and away from investments that it believes to be overvalued.
Competitive Landscape
Pro stress-test →Investors comparing WDI often look at related companies in the same sector, including DoubleLine Yield Opportunities Fund (DLY), Virtus AI & Tech Opp Fund (AIO), BlackRock Resources & Commdty (BCX), Tortoise Energy Infrastructure (TYG), and AllianceBernstein Glb High Inc (AWF).
Industry Context
Western Asset Diversified Income Fund operates in Closed-end fixed income funds.
Key facts
Headquarters: New York, US · Market cap: $721.6M