Morgan Stanley Direct Lending Fund
MSDL
Market cap $1.71B

19.86 USD

-0.14

0.70%

At close May 20, 4:00 PM EDT

After hours

19.72

-0.14

0.70%

1 day

-0.70%

5 days

0.56%

1 month

3.98%

3 months

-4.66%

6 months

-3.03%

Year to date

-5.02%

1 year

-13.61%

5 years

-3.78%

10 years

-3.78%

About: Morgan Stanley Direct Lending Fund is a fund whose investment objective is to achieve attractive risk-adjusted returns via current income and to a lesser extent, capital appreciation by investing predominantly in directly originated senior secured term loans issued by U.S. middle-market companies backed by private equity sponsors. It invests predominantly in directly originated senior secured term loans including first lien senior secured term loans including unitranche loans and second lien senior secured term loans, with the balance of the investments expected to be in higher-yielding assets such as mezzanine debt, unsecured debt, equity investments and other opportunistic asset purchases.

Financials Asset Management

0

Funds holding %

of 7,202 funds

0

Analysts bullish %

of 5 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

325% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 12

127% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 11

19% more capital invested

Capital invested by funds: $431M [Q4 2024] → $513M (+$81.2M) [Q1 2025]

15% more funds holding

Funds holding: 82 [Q4 2024] → 94 (+12) [Q1 2025]

5.54% more ownership

Funds ownership: 23.48% [Q4 2024] → 29.02% (+5.54%) [Q1 2025]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]

57% less call options, than puts

Call options by funds: $1.26M | Put options by funds: $2.92M

See Fund Rankings

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$19

4%

downside

Avg. target

$20

2%

upside

High target

$22

11%

upside

5 analyst ratings

1 positive

20%

4 neutral

80%

0 negative

0%

Wells Fargo Finian O'Shea	4%downside $19	Equal-Weight Maintained	28 Apr 2025
JP Morgan Melissa Wedel	2%downside $19.50	Neutral Maintained	24 Apr 2025
UBS Doug Harter	3%upside $21	Neutral Maintained	17 Apr 2025
Keefe, Bruyette & Woods Ryan Lynch	1%upside $20	Market Perform Maintained	8 Apr 2025
RBC Capital Kenneth Lee	11%upside $22	Outperform Reiterated	4 Mar 2025

See Analyst Rankings

Financial journalist opinion

Based on 11 articles about MSDL published over the past 30 days

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 6.000% notes due 2030 (the “Notes”). The Notes will mature on May 19, 2030 and may be redeemed in whole or in part at the Company's option at any time at par plus a “make-whole” premium, provided that the Notes may be redeemed at par one month prior to their maturity. The offering is expected to close.

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

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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 Officer Michael Occi – President David Pessah – Chief Financial Officer Conference Call Participants Melissa Wedel – J.P. Morgan Heli Sheth – Raymond James Marissa Lobo – UBS Operator Welcome to Morgan Stanley Direct Lending First Quarter 2025 Earnings Call.

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

Zacks Investment Research

Morgan Stanley Direct Lending Fund (MSDL) Q1 Earnings and Revenues Lag Estimates

Morgan Stanley Direct Lending Fund (MSDL) came out with quarterly earnings of $0.52 per share, missing the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.63 per share a year ago.

Morgan Stanley Direct Lending Fund (MSDL) Q1 Earnings and Revenues Lag Estimates

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 “Adviser”), today announced its financial results for the first quarter ended March 31, 2025. QUARTERLY HIGHLIGHTS Net investment income of $46.2 million, or $0.52 per share, as compared to $50.7 million, or $0.57 per share, for the quarter ended December 31, 2024; Net asset value of $20.65 per share, as.

Morgan Stanley Direct Lending Fund Announces March 31, 2025 Financial Results and Declares Second Quarter 2025 Regular Dividend of $0.50 per Share

Zacks Investment Research

Earnings Preview: Morgan Stanley Direct Lending Fund (MSDL) Q1 Earnings Expected to Decline

Morgan Stanley Direct Lending Fund (MSDL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Morgan Stanley Direct Lending Fund (MSDL) Q1 Earnings Expected to Decline

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