WDI: Collect High-Yield Income From This Discounted, Diversified Fixed Income Fund

Western Asset Diversified Income Fund currently trades at a -5.5% discount to NAV, offering a compelling entry point for long-term income investors. WDI's diversified portfolio—anchored in high-yield credit, CLOs, and bank loans—supports a robust 13% yield, with monthly and annual special distributions. The fund's flexible, dynamic sector rotation and limited-term structure (liquidation by June 2033) may drive discount narrowing as maturity approaches.
Open original source