Morgan Stanley Direct Lending Fund (MSDL)
| Market Cap | 1.31B -14.8% |
| Revenue (ttm) | 374.16M -9.6% |
| Net Income | 59.75M -65.0% |
| EPS | 0.69 -64.0% |
| Shares Out | 84.11M |
| PE Ratio | 22.41 |
| Forward PE | 8.78 |
| Dividend | $1.80 (11.80%) |
| Ex-Dividend Date | Sep 30, 2026 |
| Volume | 626,294 |
| Open | 15.33 |
| Previous Close | 15.26 |
| Day's Range | 15.33 - 15.68 |
| 52-Week Range | 13.66 - 18.17 |
| Beta | 0.62 |
| Analysts | Hold |
| Price Target | 15.71 (+0.9%) |
| Earnings Date | Aug 6, 2026 |
About MSDL
Morgan Stanley Direct Lending Fund is a business development company. It is a Private Debt fund. The fund chiefly invests in riskier bonds, issued by middle-market companies or by private equity firms looking to finance their acquisitions.
Financial Performance
In 2025, MSDL's revenue was $397.29 million, a decrease of -4.52% compared to the previous year's $416.08 million. Earnings were $122.09 million, a decrease of -43.36%.
Financial StatementsAnalyst Summary
According to 7 analysts, the average rating for MSDL stock is "Hold." The 12-month stock price target is $15.71, which is an increase of 0.90% from the latest price.
News
Morgan Stanley Direct Lending Fund Earnings Call Transcript: Q2 2026
Net investment income covered the dividend, with portfolio health remaining solid despite NAV compression from a few underperformers and increased non-accruals. Origination and JV activity continued, while disciplined capital allocation and proactive liability management supported stability.
Morgan Stanley Direct Lending Fund Quarterly report: Q2 2026
Morgan Stanley Direct Lending Fund has published its Q2 2026 quarterly earnings report on August 7, 2026.
Morgan Stanley Direct Lending Fund Earnings release: Q2 2026
Morgan Stanley Direct Lending Fund released its Q2 2026 earnings on August 7, 2026, summarizing the period's financial results.
Morgan Stanley Direct Lending Fund Slides: Q2 2026
Morgan Stanley Direct Lending Fund has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 7, 2026.
Morgan Stanley Direct Lending Fund Announces June 30, 2026 Financial Results and Declares Third Quarter 2026 Regular Dividend of $0.45 per Share
NEW YORK--(BUSINESS WIRE)--Morgan Stanley Direct Lending Fund (NYSE: MSDL) (“MSDL” or the “Company”), a business development company externally managed by MS Capital Partners Adviser Inc. (the “Advise...
Morgan Stanley Direct Lending Fund Announces Second Quarter 2026 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Morgan Stanley Direct Lending Fund (NYSE: MSDL) ("MSDL”), a business development company externally managed by MS Capital Partners Adviser Inc., today announced it will rele...
Morgan Stanley Direct price target raised to $14.50 from $14 at JPMorgan
JPMorgan raised the firm’s price target on Morgan Stanley Direct Lending (MSDL) to $14.50 from $14 and keeps a Neutral rating on the shares. The firm adjusted targets in the…
KBRA Assigns Rating to Morgan Stanley Direct Lending Fund's $350 Million Senior Unsecured Notes
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of BBB to Morgan Stanley Direct Lending Fund's (NYSE: MSDL or "the company") $350 million, 6.10% senior unsecured notes due July ...
Morgan Stanley Direct Lending Fund Prices Public Offering of $350.0 Million 6.100% Notes Due 2031
NEW YORK--(BUSINESS WIRE)--Morgan Stanley Direct Lending Fund (NYSE: MSDL) (“MSDL” or the “Company”) today announced that it has priced an offering of $350.0 million aggregate principal amount of 6.10...
Morgan Stanley Direct Lending Fund Transcript: AGM 2026
The meeting confirmed a quorum and proceeded with the election of two directors and the ratification of the independent auditor. All proposals were approved by stockholders, and the meeting was adjourned.
Morgan Stanley Direct Lending Fund Earnings Call Transcript: Q1 2026
Net investment income declined modestly to $0.47 per share due to lower base rates, but portfolio quality remained strong with non-accruals down to 1.5%. Share repurchases and JV deployment supported NAV and future income, while spreads and lender terms improved.
Morgan Stanley Direct Lending Fund Quarterly report: Q1 2026
Morgan Stanley Direct Lending Fund has published its Q1 2026 quarterly earnings report on May 8, 2026.
Morgan Stanley Direct Lending Fund Earnings release: Q1 2026
Morgan Stanley Direct Lending Fund released its Q1 2026 earnings on May 8, 2026, summarizing the period's financial results.
Morgan Stanley Direct Lending Fund Slides: Q1 2026
Morgan Stanley Direct Lending Fund has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 8, 2026.
Morgan Stanley Direct Lending Fund Announces March 31, 2026 Financial Results and Declares Second Quarter 2026 Regular Dividend of $0.45 per Share
NEW YORK--(BUSINESS WIRE)--Morgan Stanley Direct Lending Fund (NYSE: MSDL) (“MSDL” or the “Company”), a business development company externally managed by MS Capital Partners Adviser Inc. (the “Advise...
Morgan Stanley Direct Lending Fund Proxy statement
Morgan Stanley Direct Lending Fund filed a proxy statement on May 5, 2026, providing details for shareholder voting and corporate governance matters.
Morgan Stanley Direct Lending Fund Proxy statement
Morgan Stanley Direct Lending Fund filed a proxy statement on May 5, 2026, providing details for shareholder voting and corporate governance matters.
Morgan Stanley Direct Lending price target raised to $16.25 from $16 at UBS
UBS analyst Doug Harter raised the firm’s price target on Morgan Stanley Direct Lending (MSDL) to $16.25 from $16 and keeps a Neutral rating on the shares. Published first on…
Morgan Stanley Direct Lending Fund Proxy statement: Proxy filing
Morgan Stanley Direct Lending Fund filed a proxy statement on April 17, 2026, providing details for shareholder voting and corporate governance matters.
Morgan Stanley Direct Lending price target lowered to $16 from $16.50 at Keefe Bruyette
Keefe Bruyette lowered the firm’s price target on Morgan Stanley Direct Lending (MSDL) to $16 from $16.50 and keeps a Market Perform rating on the shares.
Morgan Stanley Direct Lending Fund Announces First Quarter 2026 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Morgan Stanley Direct Lending Fund (NYSE: MSDL) ("MSDL”), a business development company externally managed by MS Capital Partners Adviser Inc., today announced it will rele...
Morgan Stanley Direct Lending price target lowered to $16 from $18 at UBS
UBS lowered the firm’s price target on Morgan Stanley Direct Lending (MSDL) to $16 from $18 and keeps a Neutral rating on the shares.
Morgan Stanley Direct price target lowered to $14 from $16.50 at JPMorgan
JPMorgan lowered the firm’s price target on Morgan Stanley Direct Lending (MSDL) to $14 from $16.50 and keeps a Neutral rating on the shares. The firm reduced targets in the…
Morgan Stanley Direct Lending price target lowered to $16 from $18 at RBC Capital
RBC Capital analyst Kenneth Lee lowered the firm’s price target on Morgan Stanley Direct Lending (MSDL) to $16 from $18 and keeps a Sector Perform rating on the shares. The…
Morgan Stanley Direct Lending price target lowered to $14 from $16 at Wells Fargo
Wells Fargo analyst Finian O’Shea lowered the firm’s price target on Morgan Stanley Direct Lending (MSDL) to $14 from $16 and keeps an Equal Weight rating on the shares. The…