Michael Carlton Buchanan, Insider at Western Asset Diversified Income Fund (WDI) (WDI), bought 5,000 shares at $11.88 ($59K) on 2026-09-24, disclosed to the SEC on 2026-09-28.
Michael Carlton Buchanan purchased 5,000 shares of Western Asset Diversified Income Fund (WDI) for $59,415 on September 24, 2026, marking the largest purchase of his career. This significant insider buying, occurring while the fund trades near its 52-week low, suggests the manager views the current valuation as attractive.
WDI is currently trading at $11.90, down 19.16% over the last year and 12.66% over the last 90 days, placing it 20.67% below its 52-week high of $15.00.
The fund is set to pay a dividend of $0.15 per share on October 30, 2026, following the ex-dividend date of October 23, 2026.
The fund has underperformed significantly over the last year with a 19.16% decline, and its current price is only 0.59% above its 52-week low of $11.83.
Nothing distinguishes this filing.