Morgan Stanley Direct Lending Fund (MSDL)

NYSE: MSDL · Real-Time Price · USD
17.70
-0.18 (-1.01%)
At close: Aug 11, 2025, 4:00 PM
17.64
-0.06 (-0.34%)
After-hours: Aug 11, 2025, 5:32 PM EDT
-1.01%
Market Cap1.56B
Revenuen/a
Net Incomen/a
Shares Out 88.28M
EPSn/a
PE Ration/a
Forward PE9.04
Dividend$2.10 (11.86%)
Ex-Dividend DateSep 30, 2025
Volume1,939,864
Open17.90
Previous Close17.88
Day's Range17.37 - 18.01
52-Week Range17.37 - 21.75
Betan/a
AnalystsHold
Price Target20.10 (+13.56%)
Earnings Daten/a

About PARAA

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]

Sector Financials
Founded 2019
Country United States
Stock Exchange NYSE
Ticker Symbol MSDL
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 5 analysts, the average rating for MSDL stock is "Hold." The 12-month stock price target is $20.1, which is an increase of 13.56% from the latest price.

Price Target
$20.1
(13.56% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Morgan Stanley Direct Lending: This BDC Continues To Disappoint (Rating Downgrade)

MSDL's Q2 earnings disappointed, with declining NAV, weak dividend coverage, and rising non-accruals signaling fundamental portfolio issues. Despite a tempting 11% yield and deep discount to NAV, I se...

8 hours ago - Seeking Alpha

Morgan Stanley Direct Lending: Bad Q2 Results, And It's Just Getting Started

MSDL remains a high-quality BDC with stable portfolio values and low non-accruals, but recent earnings highlight growing risks. Dividend coverage is now razor-thin, with NII per share barely matching ...

1 day ago - Seeking Alpha

Putting Morgan Stanley Direct Lending's 11%+ Dividend Payout Under The Microscope

MSDL offers a compelling 11%+ dividend yield and trades at a significant discount to NAV, despite strong underwriting and portfolio quality. However, dividend coverage is tight at 1.0x, and the compan...

2 days ago - Seeking Alpha

Morgan Stanley Direct Lending Fund (MSDL) Q2 2025 Earnings Call Transcript

Morgan Stanley Direct Lending Fund (NYSE:MSDL) Q2 2025 Earnings Conference Call August 8, 2025 10:00 AM ET Company Participants Ashwin Krishnan - Corporate Participant David Pessah - Chief Financial ...

3 days ago - Seeking Alpha

Morgan Stanley Direct Lending Fund Announces June 30, 2025 Financial Results and Declares Third 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...

4 days ago - Business Wire

8%-Yielding Portfolio: Building The Near-Perfect Dividend Snowball

We discuss the secrets to building a near-perfect dividend snowball. We discuss many of the best dividend machines for building a dividend snowball portfolio. We share a model portfolio that yields 8%...

23 days ago - Seeking Alpha

Morgan Stanley Direct Lending: Impressive Resilience Amidst Uncertainty

MSDL has shown resilience and quality amid sector headwinds, with solid fundamentals, low non-accruals, and modest NAV decline despite economic uncertainty. Dividend coverage has tightened due to lowe...

4 weeks ago - Seeking Alpha

Morgan Stanley Direct Lending Fund Announces Second Quarter 2025 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...

4 weeks ago - Business Wire

Rare (Financial) Independence Day Specials: Very Undervalued Blue-Chip 10%+ Yields

It is rare to find blue-chip stocks yielding over 10% that are also deeply discounted. Fortunately, Mr. Market is offering several such opportunities right now. We discuss some of them in this article...

5 weeks ago - Seeking Alpha

10% And 7% Yields You Can Trust - 2 High-Quality Dividend Machines I'd Buy Today

Many overlook dividend theory, but it's not just about income. It's about capital discipline, smart allocation, and long-term shareholder value. Vanguard's study confirms what I've long believed: divi...

Other symbols: BNL
5 weeks ago - Seeking Alpha

Morgan Stanley Direct Lending: These Negative Aspects Don't Change My Bullish Views

MSDL trades at a discount to NAV yet boasts a highly defensive, diversified, first-lien debt portfolio focused on non-cyclical industries. Despite a recent dip in net investment income due to lower ra...

6 weeks ago - Seeking Alpha

Macro Fears? Buy 10%-Yielding Low-Risk MSDL

MSDL offers a 10.5% dividend yield, backed by a conservative, first-lien loan portfolio and strong balance sheet, making it attractive for risk-averse investors. The fund is largely insulated from tra...

7 weeks ago - Seeking Alpha

5-9% Yields To Build A Low-Stress Dividend Income Stream

Building a low-stress retirement income stream requires a diversified portfolio of durable, defensive, and dividend-growing stocks or funds. I share two approaches to achieving a low-stress dividend g...

7 weeks ago - Seeking Alpha

2 Deep Value BDCs: One Bargain, One Bust

Currently, an average BDC trades at an 8% discount to NAV. However, those with high dividend cut probabilities have 20%+ discounts. Many of these heavily punished BDCs are busts.

7 weeks ago - Seeking Alpha

Morgan Stanley Direct Lending: Disappointing Performance And Weak Dividend Coverage (Rating Downgrade)

Downgrading MSDL to hold, due to declining earnings, weak dividend coverage, and rising PIK interest income, signaling potential portfolio quality concerns. MSDL's discount to NAV has widened, reflect...

7 weeks ago - Seeking Alpha

The More It Tanks, The More It Stanks

High-yield stocks that trade at deep discounts to NAV often attract value-oriented income investors. However, most of the time, these investments are value traps. I share two popular stocks like this ...

Other symbols: ARCCBIZDCIONMSPSEC
2 months ago - Seeking Alpha

Sustainable And Popular 9-10% Yields: One To Buy And One To Sell

9%+ yields backed by strong business models, balance sheets, and track records are generally extremely popular with income investors. However, they are not always good buys. I detail one very popular ...

Other symbols: ARCCARESBIZDBXSLMS
2 months ago - Seeking Alpha

Retire On Dividends With This 7%-Yielding Low-Stress Portfolio

Retiring on dividend cash flow offers predictable income and long-term growth, making it ideal for offsetting inflation and market volatility risks. I share the key principles for building a low-stres...

2 months ago - Seeking Alpha

Morgan Stanley Direct Lending: Is This 10% Yield Safe?

MSDL boasts a highly diversified, low-risk portfolio with over 210 loans, minimal concentration risk, and 96% first-lien investments, ensuring portfolio resilience. The company consistently generates ...

2 months ago - Seeking Alpha

Morgan Stanley Direct Lending Fund: I Am Downgrading To Hold

Morgan Stanley Direct Lending Fund's total return has been flat since IPO, despite dividends being paid as expected. MSDL's share price weakness has occurred due to the shift from premium to discount-...

2 months ago - Seeking Alpha

Morgan Stanley Direct Lending Fund Prices Public Offering of $350.0 Million 6.000% Notes Due 2030

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 6.00...

3 months ago - Business Wire

10% Yields Every Retiree Should Own

These 10% yielders combine safety, growth, and big upside potential—perfect for living off dividends in retirement. Both are fully covering their dividends with cash flow and trade at attractive valua...

Other symbols: ARCCBXSLOXYWES
3 months ago - Seeking Alpha

Morgan Stanley Direct Lending Fund (MSDL) Q1 2025 Earnings Call Transcript

Morgan Stanley Direct Lending Fund (NYSE:MSDL) Q1 2025 Earnings Conference Call May 9, 2025 10:00 AM ET Company Participants Sanna Johnson – Head-Investor Relations Jeff Levin – Chief Executive Offic...

3 months ago - Seeking Alpha

Morgan Stanley Direct Lending Fund Announces March 31, 2025 Financial Results and Declares Second 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...

3 months ago - Business Wire

My BDC Portfolio: 2 Months In And A Clear Alpha Performance

My BDC Portfolio: 2 Months In And A Clear Alpha Performance

3 months ago - Seeking Alpha