GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Western Asset Diversified Income Fund (NYSE:WDI) » Definitions » Net Margin %

Western Asset Diversifiedome Fund (Western Asset Diversifiedome Fund) Net Margin % : 98.45% (As of Dec. 2023)


View and export this data going back to 1990. Start your Free Trial

What is Western Asset Diversifiedome Fund Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Western Asset Diversifiedome Fund's Net Income for the six months ended in Dec. 2023 was $66.1 Mil. Western Asset Diversifiedome Fund's Revenue for the six months ended in Dec. 2023 was $67.1 Mil. Therefore, Western Asset Diversifiedome Fund's net margin for the quarter that ended in Dec. 2023 was 98.45%.

The historical rank and industry rank for Western Asset Diversifiedome Fund's Net Margin % or its related term are showing as below:

WDI' s Net Margin % Range Over the Past 10 Years
Min: 94.05   Med: 98.81   Max: 100.85
Current: 98.81


WDI's Net Margin % is ranked better than
75.43% of 1669 companies
in the Asset Management industry
Industry Median: 86.04 vs WDI: 98.81

Western Asset Diversifiedome Fund Net Margin % Historical Data

The historical data trend for Western Asset Diversifiedome Fund's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Western Asset Diversifiedome Fund Net Margin % Chart

Western Asset Diversifiedome Fund Annual Data
Trend Dec21 Dec22 Dec23
Net Margin %
94.05 100.85 98.81

Western Asset Diversifiedome Fund Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Net Margin % - 100.27 -143.71 99.23 98.45

Competitive Comparison of Western Asset Diversifiedome Fund's Net Margin %

For the Asset Management subindustry, Western Asset Diversifiedome Fund's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Western Asset Diversifiedome Fund's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Diversifiedome Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Western Asset Diversifiedome Fund's Net Margin % falls into.



Western Asset Diversifiedome Fund Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Western Asset Diversifiedome Fund's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=124.836/126.335
=98.81 %

Western Asset Diversifiedome Fund's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=66.096/67.137
=98.45 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Western Asset Diversifiedome Fund  (NYSE:WDI) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Western Asset Diversifiedome Fund Net Margin % Related Terms

Thank you for viewing the detailed overview of Western Asset Diversifiedome Fund's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Western Asset Diversifiedome Fund (Western Asset Diversifiedome Fund) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
Western Asset Diversified Income Fund is a newly-organized, diversified, closed-end management investment company. The fund's primary investment objective is to seek high current income.
Executives
Daniel P Cronin director 235 EAST 42ND ST, NEW YORK NY 10017
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Hoffmann Courtney A. other: Secretary/GC Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Robert D Agdern director C/O LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Andrew J. Bowden other: COO/Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Ruys De Perez Charles Antony other: Secretary/GC Subadviser WESTERN ASSET MANAGEMENT COMPANY, 385 E. COLORADO BLVD., PASADENA CA 91101
Franklin Resources Inc other: Parent of Inv Mgr/Subadvisers FRANKLIN RESOURCES INC, ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Legg Mason Partners Fund Advisor, Llc other: Investment Manager 399 PARK AVENUE, NEW YORK NY 10022
Ted P Becker other: CCO Investment Manager 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Jeanne Kelly officer: SVP, other: SVP/Investment Mgr 300 FIRST STAMFORD PLACE, 4TH FLOOR, STAMFORD CT 06902
Thomas C Mandia other: Secretary Inv Mgr 300 FIRST STAMFORD PLACE, CITIGROUP ASSET MANAGEMENT, STAMFORD CT 06902
S. Kenneth Leech other: Portfolio Manager 385 EAST COLORADO BLVD, PASADENA CA 91101
Hirschmann James W Iii other: CEO/Pres. Subadviser
Western Asset Management Company, Llc other: Subadviser 385 E. COLORADO BLVD., PASADENA CA 91101
Carol L Colman director 278 HAWLEY RD, NORTH SALEM NY 10560

Western Asset Diversifiedome Fund (Western Asset Diversifiedome Fund) Headlines