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Nuveen Dynamic Municipal Opportunities Fund (NDMO) vs Western Asset Diversified Income Fund (WDI)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Western Asset Diversified Income Fund is the larger company by market cap ($605.3 million vs $527.3 million), about 1.1 times the size. On valuation, Western Asset Diversified Income Fund trades at a lower trailing P/E (10.7x vs 14.3x for Nuveen Dynamic Municipal Opportunities Fund).

Summary generated from market data by MetaCap's automated system. Methodology

Head-to-head

NDMO versus WDI key metrics
MetricNDMOWDI
Share price$8.72$11.66
Market cap$527.27M$605.30M
1-day change+0.55%-0.09%
YTD return-13.99%—
1-year return-16.71%—
5-year return-44.95%—
P/E ratio (TTM)14.2910.70
EPS (TTM)$0.61$1.09
Dividend yield8.10%15.24%
Annual dividend$0.00$0.00
52-week high$10.82$14.98
52-week low$8.50$11.61
Distance from 52-week high-19.43%-22.16%
Average volume241.17K274.26K
Shares outstanding60.48M51.91M
SectorFinanceFinance
IndustryTrusts Except Educational Religious and CharitableTrusts Except Educational Religious and Charitable

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Nuveen Dynamic Municipal Opportunities Fund trades at a higher earnings multiple (14.3x vs 10.7x trailing P/E).
  • Western Asset Diversified Income Fund offers a meaningfully higher dividend yield (15.24% vs 8.10%).

NDMO vs WDI FAQ

Which is bigger, Nuveen Dynamic Municipal Opportunities Fund or Western Asset Diversified Income Fund?

Western Asset Diversified Income Fund (WDI) is larger, with a market capitalization of $605.30M compared with $527.27M for Nuveen Dynamic Municipal Opportunities Fund (NDMO).

Which has the lower P/E ratio, NDMO or WDI?

WDI has the lower trailing P/E at 10.7, versus 14.3 for NDMO. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, Nuveen Dynamic Municipal Opportunities Fund or Western Asset Diversified Income Fund?

Western Asset Diversified Income Fund has the higher yield at 15.24%, compared with 8.10% for Nuveen Dynamic Municipal Opportunities Fund.

Are Nuveen Dynamic Municipal Opportunities Fund and Western Asset Diversified Income Fund in the same industry?

Yes. Both are classified in the Trusts Except Educational Religious and Charitable industry within the Finance sector.

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