Western Asset Diversified Income Fund Fund News

WDI is a multi-sector bond fund that invests with a particular focus on being flexible. At this time, most of their positions are in high-yield bonds and MBS holdings.

The recent CEF market drawdown has made it clear that it is those investors who maintain dry powder reserves that can fully take advantage of current attractive CEF yields.

Many income portfolios are heavily overweight corporate risk whether through equity or credit-linked securities. Consumer-facing risk offers diversification and good value.

We review CEF market valuation and performance through the third week of March and highlight recent market action.

CEF Market Weekly Review: Newer Funds Underperform In The Sell-Off

We review CEF market valuation and performance through the fourth week of February and highlight recent market action.

CEF Weekly Market Review: The Attraction Of Shadow High Yielders

We review CEF market valuation and performance over the third week of November and highlight recent market events. The CEF market had an off-week with nearly all sectors delivering lower NAVs and wide

WDI was launched on June 24th, 2021, meaning it has only been in operation for a few months.

NEW YORK--(BUSINESS WIRE)--Category: Distribution Related

The number of IPOs launched in the second half of 2021 fell due to a lower number of SPAC IPOs. Traditional IPOs rebounded and saw eight listings that raised $1 billion or more.

Stocks finished the week up nicely with the S&P 500 up nearly 1% and the Nasdaq up just over 1%, for all new record highs.