Lubricating compositions containing a phosphorus-containing salt of an acylated ethylene-α-olefin polymer substituted with an aliphatic polyamine having at least one primary or secondary amine, the lubricating composition having a total phosphorus content in an amount of 200 ppm to 600 ppm by weight of the lubricating composition. The phosphorus-containing salt additive described herein can be used as an anti-wear agent in lubricating composition for diesel engines.