Western Asset Diversified Income Fund (WDI) (WDI)
The Western Asset Diversified Income Fund functions as a closed-end investment management firm. Its primary aim is to generate substantial current income, while also pursuing capital growth as a secondary objective. The fund was established on July 27, 2020, and is headquartered in New York City.
Industry: Asset Management - Income
Western Asset Diversified Income Fund
NYSE:WDIFinancial Services · Asset Management - Income
-1.72%$11.42
AH Close$11.42+0.00%vs close
AH Close$11.42+0.00%vs close
Mkt Cap$592.84M
Float51.91M
O/S51.91M
Inst Own22.3%
SI0.1%
Div Yield15.60%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$91.9M
Net Income$71.58M
Total Assets$1.15B
Free Cash Flow$92.25M
Debt & Equity
Debt 32%
Equity 68%
Total Debt$364M
Total Equity$757.4M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in WDI's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$1.15B
Liabilities$391.03M
Accounts Receivable$0
Accounts Payable$14.89M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Revenue | $91.9M | $94.9M | $149.53M | -$167.23M | $14.65M |
| YoY Growth | -3.2% | -36.5% | -189.4% | -1241.7% | - |
| Cost of Revenue | $19.44M | $23M | $23.19M | $10.56M | $1.6M |
| Gross Profit | $72.46M | $71.9M | $126.33M | -$177.79M | $13.05M |
| Gross Margin | 78.8% | 75.8% | 84.5% | 106.3% | 89.1% |
| Research and Development | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $888K | $947K | $778K | $976K | $655K |
| Other | -$6K | $637K | $721K | $527K | $122K |
| Total Operating Expenses | $882K | $1.58M | $1.5M | $1.5M | $777K |
| Operating Income (EBIT) | $71.58M | $70.31M | $124.84M | -$179.29M | $12.27M |
| Operating Margin | 77.9% | 74.1% | 83.5% | 107.2% | 83.8% |
| Interest Expense | $19.44M | $23M | $23.19M | $10.56M | $1.6M |
| Interest Income | $116.34M | $124.88M | $125.28M | $105.6M | $38.37M |
| Other Income (Expense) | $0 | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $71.58M | $70.31M | $124.84M | -$179.29M | $12.27M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 |
| Net Income | $71.58M | $70.31M | $124.84M | -$179.29M | $12.27M |
| Net Income Margin | 77.9% | 74.1% | 83.5% | 107.2% | 83.8% |
| Supplementary Data | |||||
| EPS | 0.00 | 1.36 | 2.41 | -3.46 | 0.24 |
| Diluted EPS | 0.00 | 1.36 | 2.41 | -3.46 | 0.24 |
| Weighted Average OS | 0 | 51.80M | 51.80M | 51.82M | 51.13M |
| EBITDA | $71.58M | $70.31M | $124.84M | -$179.29M | $12.27M |
| EBITDA Margin | 77.9% | 74.1% | 83.5% | 107.2% | 83.8% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Assets | |||||
| Current Assets | |||||
| Cash and Cash Equivalents | $14.62M | $7.62M | $6.93M | $1.02M | $620K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $14.62M | $7.62M | $6.93M | $1.02M | $620K |
| Accounts Receivable | $0 | $17.76M | $26.37M | $19.82M | $25.88M |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | -$6K | -$6K |
| Total Current Assets | $15.05M | $25.44M | $33.39M | $20.84M | $26.5M |
| Long-Term Assets | |||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $1.09M | $3.45M | $3.55M | $1.12B | $1.38B |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $1.13B | $1.14B | $1.15B | $1.14B | $1.41B |
| Total Long-Term Assets | $1.13B | $1.14B | $1.16B | $1.12B | $1.38B |
| Other Assets | $0 | $0 | $0 | $9.38M | $2.27M |
| Total Assets | $1.15B | $1.17B | $1.19B | $1.15B | $1.41B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $14.89M | $8.53M | $11.27M | $5.52M | $22.12M |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | $0 | -$19.76M | -$1.38M |
| Total Current Liabilities | $24.31M | $8.53M | $11.27M | $5.52M | $22.12M |
| Long-Term Liabilities | |||||
| Long-Term Debt | $364M | $358M | $358M | $358M | $370M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $2.72M | $18.39M | $17.9M | $2.05M | $1.5M |
| Total Long-Term Liabilities | $366.72M | $376.39M | $375.9M | $358M | $370M |
| Other Liabilities | $0 | $0 | $0 | $21.82M | $0 |
| Total Liabilities | $391.03M | $384.92M | $387.17M | $385.34M | $393.62M |
| Stockholders' Equity | |||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $52K | $52K | $52K | $52K | $52K |
| Retained Earnings | -$277.54M | -$249.62M | -$230.26M | -$271.89M | -$18.02M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $1.03B | $1.03B | $1.03B | $1.04B | $1.04B |
| Total Equity | $757.4M | $784.08M | $804.71M | $763.46M | $1.02B |
| Minority Interest | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.15B | $1.17B | $1.19B | $1.15B | $1.41B |
| Supplementary Data | |||||
| Total Debt | $364M | $358M | $358M | $358M | $370M |
| Net Debt | $349.38M | $350.38M | $351.07M | $356.98M | $369.38M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Operating Activities | |||||
| Net Income | $71.58M | $70.31M | $124.84M | -$179.29M | $12.27M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||
| Accounts Receivable | $328K | $8.48M | -$6.55M | $6.06M | -$25.82M |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$2.46M | -$3.11M | $6.59M | -$16.16M | $23.6M |
| Total Working Capital Change | -$2.13M | $5.37M | $36K | -$10.11M | -$2.22M |
| Other Non-Cash Items | $22.79M | $13.09M | -$33.36M | $269.65M | -$1.38B |
| Net Cash from Operating | $92.25M | $88.77M | $91.52M | $80.25M | -$1.37B |
| Investing Activities | |||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | |||||
| Debt Repaid | -$2.73M | $1.18M | $5.85M | -$6.37M | -$370M |
| Common Stock Issuance | $221K | $0 | $0 | $0 | $1.04B |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$90.77M | -$90.94M | -$83.59M | -$74.99M | -$30.02M |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | -$87.82M | -$92.12M | -$89.44M | -$68.62M | $1.38B |
| Forex Effect | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $4.42M | -$3.35M | $2.08M | $11.63M | $6.04M |
| Supplementary Data | |||||
| Operating Cash Flow | $92.25M | $88.77M | $91.52M | $80.25M | -$1.37B |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $92.25M | $88.77M | $91.52M | $80.25M | -$1.37B |
| Cash at Beginning | $16.5M | $19.85M | $17.77M | $6.14M | $100K |
| Cash at End | $20.93M | $16.5M | $19.85M | $17.77M | $6.14M |