Western Asset Diversified Income Fund (WDI) - Net Assets
Based on the latest financial reports, Western Asset Diversified Income Fund (WDI) has net assets worth $771.80 Million USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.18 Billion) and total liabilities ($404.54 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read Western Asset Diversified Income Fund balance sheet liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $771.80 Million |
| % of Total Assets | 65.61% |
| Annual Growth Rate | -8.33% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 12.87 |
Western Asset Diversified Income Fund - Net Assets Trend (2021–2024)
This chart illustrates how Western Asset Diversified Income Fund's net assets have evolved over time, based on quarterly financial data. Also explore WDI total assets for the complete picture of this company's asset base.
Annual Net Assets for Western Asset Diversified Income Fund (2021–2024)
The table below shows the annual net assets of Western Asset Diversified Income Fund from 2021 to 2024. For live valuation and market cap data, see Western Asset Diversified Income Fund market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $784.08 Million | -2.56% |
| 2023-12-31 | $804.71 Million | +5.40% |
| 2022-12-31 | $763.46 Million | -24.99% |
| 2021-12-31 | $1.02 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Western Asset Diversified Income Fund's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 23159428200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $51.79K | 0.01% |
| Other Components | $1.03 Billion | 131.83% |
| Total Equity | $784.08 Million | 100.00% |
Western Asset Diversified Income Fund Competitors by Market Cap
The table below lists competitors of Western Asset Diversified Income Fund ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Jin Jiang International Industrial Investment Co Ltd A
SHG:600650
|
$713.82 Million |
|
Saregama India Limited
NSE:SAREGAMA
|
$713.82 Million |
|
Wesure Global Tech Ltd
TA:WESR
|
$714.00 Million |
|
Plan B Media Public Company Limited
BK:PLANB-R
|
$714.07 Million |
|
Ackerstein Group Ltd
TA:ACKR
|
$713.70 Million |
|
Fujian Green Pine Co Ltd
SHE:300132
|
$713.59 Million |
|
Zhejiang Tiancheng Control Co
SHG:603085
|
$713.57 Million |
|
SUPERLOOP LTD
F:9SL
|
$713.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Western Asset Diversified Income Fund's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 804,707,720 to 784,081,274, a change of -20,626,446 (-2.6%).
- Net income of 70,313,651 contributed positively to equity growth.
- Dividend payments of 90,940,097 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $70.31 Million | +8.97% |
| Dividends Paid | $90.94 Million | -11.6% |
| Total Change | $- | -2.56% |
Book Value vs Market Value Analysis
This analysis compares Western Asset Diversified Income Fund's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.93x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.71x to 0.93x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $19.91 | $14.07 | x |
| 2022-12-31 | $14.73 | $14.07 | x |
| 2023-12-31 | $15.54 | $14.07 | x |
| 2024-12-31 | $15.14 | $14.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Western Asset Diversified Income Fund utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.97%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 74.09%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.49x
- Recent ROE (8.97%) is above the historical average (0.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 1.21% | 94.05% | 0.01x | 1.39x | $-89.50 Million |
| 2022 | -23.48% | 0.00% | -0.15x | 1.50x | $-255.64 Million |
| 2023 | 15.51% | 83.49% | 0.13x | 1.48x | $44.36 Million |
| 2024 | 8.97% | 74.09% | 0.08x | 1.49x | $-8.09 Million |
Industry Comparison
This section compares Western Asset Diversified Income Fund's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,222,611,667
- Average return on equity (ROE) among peers: 5.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Western Asset Diversified Income Fund (WDI) | $771.80 Million | 1.21% | 0.52x | $713.71 Million |
| Acadian Asset Management Inc (AAMI) | $84.00 Million | 95.24% | 7.06x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $2.07 Billion | 13.23% | 0.00x | $3.60 Billion |
| Associated Capital Group Inc (AC) | $948.70 Million | 4.12% | 0.07x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $79.50 Million | 27.37% | 0.59x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $2.99 Million | -170.94% | 0.46x | $194.14 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $782.49 Million | -21.16% | 0.62x | $368.87 Million |
| Affiliated Managers Group Inc (AMG) | $962.54 Million | 12.37% | 1.41x | $8.19 Billion |
| Ameriprise Financial Inc (AMP) | $6.55 Billion | 54.41% | 28.15x | $41.87 Billion |
| AMTD IDEA Group (AMTD) | $611.58 Million | 16.58% | 4.02x | $44.19 Million |
| Artisan Partners Asset Management Inc (APAM) | $132.30 Million | 18.75% | 3.39x | $2.65 Billion |
About Western Asset Diversified Income Fund
Western Asset Diversified Income Fund operates in various business sectors.