Morgan Stanley Direct Lending Fund (MSDL)
| Market Cap | 1.54B |
| Revenue | n/a |
| Net Income | n/a |
| Shares Out | 88.28M |
| EPS | n/a |
| PE Ratio | n/a |
| Forward PE | 9.19 |
| Dividend | $2.00 (11.43%) |
| Ex-Dividend Date | Dec 31, 2025 |
| Volume | 327,043 |
| Open | 17.31 |
| Previous Close | 17.40 |
| Day's Range | 17.31 - 17.53 |
| 52-Week Range | 15.70 - 21.75 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 17.93 (+2.46%) |
| Earnings Date | Nov 6, 2025 |
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 7 analysts, the average rating for MSDL stock is "Buy." The 12-month stock price target is $17.93, which is an increase of 2.46% from the latest price.
News
I Am Betting Big On This Near-Perfect 8%-Yielding Income Machine For Early Retirement
This 8%-yielding machine is positioned for very strong upside, growing passive income, and relatively low risk. The market is ignoring this unrivaled combination of quality, growth, and high yield. Do...
The Hidden Risk In BDC Market That Nobody Is Talking About
BDCs are facing pressures from multiple fronts. Yet, they do not have much ammo left to fight back via portfolio growth. This is not good for shareholder and BDC managers, who earn fees based on asset...
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...
Morgan Stanley Direct Lending Fund Announces Third 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...
Bottom Fishing BDCs? This Is What You Have To Know
The BDC sector has been hammered. The discounts have become deep almost across the board. The question is whether to enter now, or is the risk still too high that it will end up being a 'catching a fa...
Morgan Stanley Direct Lending: Buy The Dip Opportunity
MSDL has seen its stock price decline ~20% YTD, creating a significant valuation gap versus peer BXSL. Morgan Stanley Direct Lending now trades at ~0.8x NAV compared to BXSL's 1.0x, making the current...
MSDL: From One Extreme To Another
Since May 2025, I have been bearish on the Morgan Stanley Direct Lending Fund. My concern was that MSDL's price-to-NAV aligned valuation did not factor in the forthcoming pressures from base rate cuts...
Mr. Market's Warning: 2 Quality BDCs Who Could Slash Their Dividends Soon
Blackstone Secured Lending and Morgan Stanley Direct Lending are high-quality BDCs facing potential dividend cuts due to falling coverage ratios. BXSL's fundamentals remain strong, but tight dividend ...
2 Income Powerhouses Entering Deep Bargain Territory
The current economic environment is marked by persistent inflation and a weakening labor market, raising uncertainty and risk for investors. Despite these risks, large-cap equities, tech stocks, and h...
What Will It Take To Halt BDC Dividend Cuts? 1 Catalyst On The Horizon
14 BDCs have base dividend coverage levels between 100% and 105%. 16 BDCs have them already below 100%. Given the unfavorable future earnings outlook, a system-wide BDC dividend cutting process is ver...
Is A 10%+ Yield Safe Right Now? 2 Picks For A Retiree's Radar
Interest rates are one of the most important drivers of asset valuations, directly impacting discount rates and valuations. So, as the Fed lowers rates, yield compression occurs, making it harder to f...
Are You Falling For These 3 BDC Dividend Myths
BDCs have two issues: 1) almost no margin of safety for dividend coverage, and 2) depressed earnings outlook. For many players it is just a matter of several quarters before they become forced to cut ...
5 BDCs That Deliver Double-Digit Yields (Up To 12.6%)
Wall Street suits tend to avoid business development companies (BDCs). That's a mistake.