Morgan Stanley Direct Lending Fund (MSDL)
| Market Cap | 1.44B |
| Revenue | n/a |
| Net Income | n/a |
| Shares Out | 88.28M |
| EPS | n/a |
| PE Ratio | n/a |
| Forward PE | 8.62 |
| Dividend | $2.00 (12.25%) |
| Ex-Dividend Date | Dec 31, 2025 |
| Volume | 667,271 |
| Open | 16.51 |
| Previous Close | 16.55 |
| Day's Range | 16.31 - 16.65 |
| 52-Week Range | 15.70 - 21.75 |
| Beta | 0.29 |
| Analysts | Hold |
| Price Target | 17.58 (+7.72%) |
| Earnings Date | Feb 27, 2026 |
About MSDL
Morgan Stanley Direct Lending Fund is a business development company. The fund chiefly invests in riskier bonds, issued by middle-market companies or by private equity firms looking to finance their acquisitions. [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 6 analysts, the average rating for MSDL stock is "Hold." The 12-month stock price target is $17.58, which is an increase of 7.72% from the latest price.
News
Two 12%+ Dividends Going From Bargains To Buys
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My Ultimate Buy-The-Dip Picks For 10-12% Income
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Morgan Stanley Direct Lending Is In Trouble (Rating Downgrade)
Morgan Stanley Direct Lending Fund's weighted average yield fell from 11% in Q3 2024 to 9.9% in Q3 2025, pressuring NII, but that's not my largest concern. MSDL is in trouble because of increasing str...
The Biggest Bargain And The Most Expensive Lottery Ticket I See In The BDC Space
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The Chart That Answers Your Question About BDC Dividend Cuts
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Morgan Stanley Direct Lending: Continues To Disappoint Going Into 2026
Morgan Stanley Direct Lending Fund (MSDL) remains a sell as persistent NAV deterioration and thin dividend coverage signal elevated risk. MSDL trades at a 16.85% discount to NAV, reflecting portfolio ...
This Is How I'm Harvesting BDC Cash Flows For My Retirement
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My Ultimate BDC Playbook For 2026
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The Silent Killer Of BDC Yields (And My Strategy To Outrun It)
BDCs face earnings pressure from lower base rates, but fears of severe dividend cuts are overstated. Quite many BDCs have several levers to pull in order to absorb ~100 bps of base rate cuts without t...
Morgan Stanley Direct Lending: Undervalued Income Machine
Morgan Stanley Direct Lending Fund (MSDL) offers a compelling 16% discount to book value, backed by high-quality first-lien loans and strong spillover income. MSDL's 96% first-lien, floating-rate loan...
I Am Betting Big On This Near-Perfect 8%-Yielding Income Machine For Early Retirement
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The Hidden Risk In BDC Market That Nobody Is Talking About
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MSDL: Dividend Investors Are Likely To Get Burned Here
MSDL has glided into a deep discount territory. In the meantime, the dividend has remained covered and offers now a yield close to 12%. Since 95% of MSDL's portfolio lies in non-cyclical sectors, ther...
Don't Bury BDC Dividends Just Yet
The Fed's dovishness has been the key driver for the BDC sell-off. The idea is that lower interest rates should lead to lower dividends (i.e., BDCs cutting their dividend across the board). While it i...
The BDC Bargain Bell Is Ringing
BDCs have had a rough year so far. Yet, Q3 earnings data points indicate that the tide could be turning. While there are some tangible improvements in BDC business environment, many risks remain open.
Morgan Stanley Direct Lending: 12% Yield And Rock Bottom Valuation
Morgan Stanley Direct Lending offers a compelling 12% yield and trades at a bargain 0.82x price-to-book, near its all-time low. MSDL has a conservatively managed, diversified portfolio of senior secur...
Morgan Stanley Direct Lending Fund (MSDL) Q3 2025 Earnings Call Transcript
Morgan Stanley Direct Lending Fund ( MSDL) Q3 2025 Earnings Call November 7, 2025 10:00 AM EST Company Participants Sanna Johnson Michael Occi - CEO & Director David Pessah - Chief Financial Officer ...
Morgan Stanley Direct Lending Fund Announces September 30, 2025 Financial Results and Declares Fourth Quarter 2025 Regular Dividend of $0.50 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: Risk Is Overstated Relative To NAV Discount
Morgan Stanley Direct Lending offers compelling value, trading at a significant discount to NAV and near 52-week lows. MSDL's portfolio is defensive, with low leverage and a focus on first-lien loans,...
2 BDCs To Sell Before They Cut Their Dividend
BDCs have been clearly out of favor this year. Yet, there are some clear pockets of opportunity, which have started to showcase a nice momentum - just as I outlined in my recent BDC strategic piece. I...
10%+ Yielding Stocks Too Cheap To Ignore Right Now
10%+ yielding stocks tend to be risky. However, there are some sustainable 10%+ yields out there that also offer attractive capital appreciation potential. I share two 10%+ yields that are too cheap t...
Morgan Stanley Direct Lending: 12% Yield And 19% Discount Make It A Buy
Morgan Stanley Direct Lending offers an 11.9% dividend yield and trades near its 52-week low at a 19% discount to book value. MSDL maintains strong credit quality, full dividend coverage, and a conser...
The Riskiest BDCs Might Be The Ones You Trust
BDCs have recently suffered a significant downside volatility. There is indeed a justified reason for system-wide valuation adjustments. Yet, for some BDCs the market has gone too far, while for some ...
From The Discount Rack To Your Portfolio: Two 8%+ Yielders
The chances for a notable correction are certainly not low. Going into richly priced and growth-focused names might not be the smartest idea. Yet, sitting on sidelines might come with some serious opp...