Financial Analysis: Western Asset Diversified Income Fund (WDI)
Overview
- WDI is a diversified income fund with a strong dividend yield of 13.45%.
- The fund has a market capitalization of $742 million and is listed on the New York Stock Exchange (NYSE).
- WDI's previous close was $14.28, and it opened at $14.33.
- The stock has a 52-week range of $12.16 to $14.69.
- The average daily volume for the past 10 days is 202,070 shares.
Performance
- WDI has shown a positive 52-week change of 8.73%, outperforming the S&P 500 index.
- The stock has a trailing price-to-earnings ratio (P/E) of 12.79, indicating a relatively low valuation compared to its earnings.
- The fund has a trailing annual dividend yield of 13.45%, which is higher than the industry average.
Dividends
- WDI has a dividend rate of $1.68 per share, resulting in a payout ratio of 136.07%.
- The fund has a consistent dividend history, with dividends paid quarterly.
- The ex-dividend date for the next dividend payment is expected to be in Q2 2023.
Financial Summary
- Due to the lack of available financial data, there is no specific financial summary available for WDI at this time.
Prediction
- Based on the historical data and performance, it is difficult to accurately predict the future price of WDI.
- However, the fund has shown consistent growth and a strong dividend yield, indicating positive prospects for investors.
Conclusion
- Western Asset Diversified Income Fund (WDI) is a solid investment option for income-focused investors.
- The fund has a strong dividend yield and consistent dividend payments.
- While future price predictions are uncertain, WDI's historical performance and financial indicators suggest positive prospects.
