WDI

Western Asset Diversified Income Fund is a diversified closed-end management investment company. The Fund's primary investment objective is to seek high current income. As a secondary investment objective, the Fund seek capital appreciation. Under normal circumstances, the Fund invest across fixed income sectors and securities to deliver a well-diversified portfolio. The Fund may invest in investment-grade and high-yield corporate debt securities, senior loans, agency and non-agency residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS), bank loans, collateralized loan obligations (CLOs), asset-backed securities, private debt and mortgage whole loans. The Fund may invest up to 15% of its managed assets in securities issued by CLOs, including up to 5% of its managed assets in equity securities issued by CLOs, including subordinated, or residual tranches of CLO securities). The Fund's investment manager is Legg Mason Partners Fund Advisor, LLC.