Morgan Stanley Direct Lending Fund (MSDL)
| Market Cap | 1.60B |
| Revenue | n/a |
| Net Income | n/a |
| Shares Out | 88.28M |
| EPS | n/a |
| PE Ratio | n/a |
| Forward PE | 9.15 |
| Dividend | $2.10 (11.59%) |
| Ex-Dividend Date | Sep 30, 2025 |
| Volume | 560,511 |
| Open | 17.83 |
| Previous Close | 17.77 |
| Day's Range | 17.81 - 18.15 |
| 52-Week Range | 17.37 - 21.75 |
| Beta | n/a |
| Analysts | Hold |
| Price Target | 19.70 (+8.72%) |
| Earnings Date | n/a |
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 5 analysts, the average rating for MSDL stock is "Hold." The 12-month stock price target is $19.7, which is an increase of 8.72% from the latest price.
News
Morgan Stanley Direct Lending: Consistent Performer With A Rockbottom Valuation
We take a look at the Q2 results of BDC MSDL, which trades at an 11.3% dividend yield and a 14% discount. MSDL allocates primarily to less-cyclical sectors such as Software, Insurance and Commercial S...
Morgan Stanley Direct Lending Is A Buy At A 14% Discount To NAV And 11.34% Dividend Yield
MSDL offers a compelling 11.34% dividend yield and trades at a 14% discount to NAV, presenting an attractive entry point. The portfolio is 96.4% first lien, 99.6% floating rate loans, and focused on U...
Morgan Stanley Direct Lending: 0.86x P/NAV, 11.6% Yield, But How Safe Is The Dividend?
MSDL faces mounting headwinds, with recent earnings showing declining net investment income and increased non-accruals, raising concerns about credit quality and dividend safety. Despite an attractive...
Attention High-Yield Investors: More BDC Dividend Cuts Are Likely Coming
The BDC sector faces mounting risks from a weakening economy, high consumer debt, and the potential for further dividend cuts as interest rates decline. Recent dividend cuts by several BDCs highlight ...
It's All Downhill For Most BDCs, Here Is My Approach
Q2 earnings confirmed my call for a market rotation in BDCs; quality bias and selectivity remain critical for outperformance. Structural headwinds—spread compression, falling base rates, and thin divi...
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...
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 ...
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...
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 ...
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...
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%...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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 ...
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...
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 ...
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-...