Adams Asset Advisors’s Morgan Stanley Direct Lending Fund MSDL Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2025 Q2	$1.69M	Buy	90,516 +27,524	+44%	+$515K	0.24%	53
2025 Q1	$1.26M	Hold	62,992	–	–	0.17%	59
2024 Q4	$1.3M	Buy	62,992 +37,992	+152%	+$785K	0.17%	58
2024 Q3	$495K	Buy	+25,000	New	+$495K	0.07%	66