WDI CEF — Western Asset Diversified Income Fund

Western Asset Diversified Income Fund (WDI)

WDI is a low-cost CEF. its distribution rate is 14.54%, its trailing-12-month yield is 14.58%. Dividend Vision Distribution Safety Score™ is 70/100 (Generally safe). Total return is 9.9% over the past 5.2 years, 81.6 points behind SPY at 91.5%.

At the current 14.54% distribution rate, a $10,000 investment would generate approximately $1,454 per year, or $121.17 per month.

WDI performance versus SPY

Price and return data through 2026-09-18.

Total return is 9.9% over the past 5.2 years, 81.6 points behind SPY at 91.5%. Over the past year its total return — price change plus distributions reinvested — is -7.7%. Its deepest 1-year drawdown was 9.7%.

WDI key facts

Distribution Safety Score™

70 · Generally safe

Safety-Adjusted Yield

10.18%

Issuer

Western Asset

Asset type

CEF

Asset class

Fixed Income

Distribution rate

14.54%

Distribution frequency

Monthly

Trailing yield

14.58%

Last close

$12.26 (as of 2026-09-21)

NAV

N/A

Premium / discount

N/A

Market cap

$638,519,040

Average volume

249303.0

Next dividend

$0.1485

Next ex-dividend date

09/23/2026

Next payment date

09/30/2026

Beta

0.3393

How Dividend Vision calculates yield and returns

Distribution rate (14.54%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (14.58%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Western Asset or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

WDI risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 9.7%.

Who may consider WDI — and who may not

WDI may suit someone looking for low-cost broad dividend exposure. It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from Western Asset.