Western Asset Diversified Income Fund Announces Financial Position as of September 30, 2023

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Western Asset Diversified Income Fund (WDI) announced its financial position as of September 30, 2023, with total assets of $1,177,085,354, total net assets of $771,867,542, and NAV per share of common stock at $14.90. The fund also reported total net investment income of $22,970,536 and a net decrease in net assets from operations of $11,349,164.

NEW YORK--(BUSINESS WIRE)-- Western Asset Diversified Income Fund (NYSE: WDI) today announced the financial position of the Fund as of September 30, 2023.

	Current Q				Previous Q				Prior Yr Q
	September 30, 2023				June 30, 2023				September 30, 2022
Total Assets (a)	$	1,177,085,354			$	1,186,615,792			$	1,161,623,189
Total Net Assets (a)	$	771,867,542			$	781,751,544			$	769,673,088
NAV Per Share of Common Stock (b)	$	14.90			$	15.10			$	14.86
Market Price Per Share	$	13.24			$	13.47			$	12.58
Premium / (Discount)		(11.14	)%			(10.79	)%			(15.34	)%
Outstanding Shares		51,788,210				51,788,210				51,788,210
Total Net Investment Income (c)(d)	$	22,970,536			$	23,105,401			$	20,016,179
Total Net Realized/Unrealized Gain/(Loss) (c)	$	(11,621,372	)		$	(2,356,983	)		$	(33,981,887	)
Net Increase (Decrease) in Net Assets From Operations (c)	$	11,349,164			$	20,748,418			$	(13,965,708	)
Earnings per Common Share Outstanding
Total Net Investment Income (c)	$	0.44			$	0.45			$	0.39
Total Net Realized/Unrealized Gain/(Loss) (c)	$	(0.22	)		$	(0.05	)		$	(0.66	)
Net Increase (Decrease) in Net Assets From Operations (c)	$	0.22			$	0.40			$	(0.27	)
Undistributed/(Overdistributed) Net Investment Income (d)	$	15,532,723			$	13,795,353			$	5,413,070
Undistributed/(Overdistributed) Net Investment Income
Per Share (d)	$	0.30			$	0.27			$	0.10
Loan Outstanding (d)	$	358,000,000			$	358,000,000			$	358,000,000
Reverse Repurchase Agreements (d)	$	19,060,050			$	20,294,333			$	20,259,350

Footnotes:

(a)		The difference between total assets and total net assets is due primarily to the Fund’s use of borrowings; total net assets do not include borrowings.
(b)		NAVs are calculated as of the close of business on the last business day in the periods indicated above.
(c)		For the quarter indicated.
(d)		As of the period indicated above.

This financial data is unaudited.

The Fund files its semi-annual and annual reports with the Securities and Exchange Commission (“SEC”), as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. These reports are available on the SEC’s website at www.sec.gov. To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.

Western Asset Diversified Income Fund, a diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC (“LMPFA”), a wholly-owned subsidiary of Franklin Resources and is sub-advised by Western Asset Management Company, LLC (“Western Asset”), an affiliate of the investment manager.

For more information about the Fund, please call 1-888-777-0102 or consult the Fund’s web site at www.franklintempleton.com/investments/options/closed-end-funds. Hard copies of the Fund’s complete audited financial statements are available free of charge upon request.

Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Fund.

Category: Financials

Source: Franklin Resources, Inc.

Source: Legg Mason Closed End Funds

View source version on businesswire.com: https://www.businesswire.com/news/home/20231128838124/en/

Investor Contact: Fund Investor Services 1-888-777-0102

Source: Franklin Resources, Inc. and Legg Mason Closed End Funds

FAQ

What is the ticker symbol for Western Asset Diversified Income Fund?

The ticker symbol for Western Asset Diversified Income Fund is WDI.

What are the total assets of Western Asset Diversified Income Fund as of September 30, 2023?

The total assets of Western Asset Diversified Income Fund as of September 30, 2023, are $1,177,085,354.

What is the NAV per share of common stock for Western Asset Diversified Income Fund?

The NAV per share of common stock for Western Asset Diversified Income Fund is $14.90 as of September 30, 2023.

Who manages Western Asset Diversified Income Fund?

Western Asset Diversified Income Fund is managed by Legg Mason Partners Fund Advisor, LLC, and sub-advised by Western Asset Management Company, LLC.

Where can shareholders find the reports and financial data of Western Asset Diversified Income Fund?

Shareholders can find the reports and financial data of Western Asset Diversified Income Fund on the SEC's website at www.sec.gov or by calling 1-888-777-0102.