Morgan Stanley Direct Lending Fund (MSDL)

Morgan Stanley Direct Lending Fund at a glance — key fundamentals, SEC filings, insider buying and selling, and earnings dates.

Morgan Stanley Direct Lending Fund (MSDL) is a Financial - Conglomerates company based in US with a market capitalization of $1.3B. Revenue grew 16.4% year-over-year and the company generated $150.9M in free cash flow. This page tracks MSDL's SEC filings, insider buying and selling, earnings dates, and key fundamentals in one place.

US · IPO Jan 24, 2024

Valuation

Valuation & price

$15.24 · as of May 17, 2026 · -23.0% vs 52w high

10.9

P/E ratio

Latest-FY diluted EPS

0.75

P/B ratio

Market cap ÷ book equity

Dividend yield

Price — last 12 months

$19.62$16.79$13.96Jul 25Dec 25Jul 26Jul 7, 25$18.93Jul 9, 25$19.10Jul 11, 25$19.25Jul 15, 25$19.36Jul 17, 25$19.59Jul 21, 25$19.60Jul 23, 25$19.62Jul 25, 25$19.30Jul 29, 25$19.18Jul 31, 25$18.70Aug 4, 25$18.51Aug 6, 25$18.44Aug 11, 25$17.70Aug 13, 25$17.75Aug 15, 25$17.75Aug 19, 25$17.73Aug 21, 25$17.64Aug 25, 25$17.63Aug 27, 25$17.79Aug 29, 25$18.12Sep 3, 25$17.97Sep 5, 25$17.97Sep 9, 25$17.92Sep 11, 25$17.86Sep 16, 25$17.46Sep 18, 25$17.64Sep 22, 25$17.32Sep 24, 25$16.91Sep 26, 25$16.88Sep 30, 25$16.08Oct 2, 25$16.40Oct 6, 25$16.57Oct 8, 25$16.55Oct 10, 25$16.13Oct 14, 25$17.04Oct 16, 25$16.75Oct 21, 25$17.02Oct 23, 25$17.04Oct 27, 25$17.37Oct 29, 25$17.06Oct 31, 25$16.95Nov 4, 25$16.89Nov 6, 25$16.62Nov 10, 25$16.45Nov 12, 25$16.76Nov 14, 25$16.70Nov 18, 25$16.57Nov 20, 25$16.45Nov 25, 25$17.24Nov 28, 25$17.29Dec 2, 25$17.13Dec 4, 25$17.52Dec 8, 25$17.58Dec 10, 25$17.79Dec 12, 25$17.34Dec 16, 25$17.20Dec 18, 25$17.04Dec 22, 25$16.87Dec 24, 25$16.77Dec 29, 25$16.89Jan 2, 26$16.46Jan 6, 26$16.75Jan 8, 26$16.54Jan 12, 26$16.38Jan 14, 26$16.71Jan 16, 26$16.55Jan 21, 26$16.52Jan 23, 26$16.32Jan 27, 26$16.37Jan 29, 26$16.21Feb 2, 26$15.71Feb 4, 26$15.38Feb 9, 26$15.66Feb 11, 26$15.97Feb 13, 26$15.79Feb 18, 26$15.80Feb 20, 26$15.60Feb 24, 26$15.39Feb 26, 26$15.47Mar 2, 26$14.73Mar 4, 26$14.90Mar 6, 26$14.76Mar 10, 26$14.53Mar 12, 26$14.54Mar 17, 26$14.66Mar 19, 26$14.61Mar 23, 26$14.72Mar 25, 26$14.60Mar 27, 26$14.01Mar 31, 26$13.96Apr 2, 26$14.13Apr 7, 26$14.25Apr 9, 26$14.23Apr 13, 26$14.62Apr 15, 26$15.32Apr 17, 26$15.36Apr 22, 26$15.22Apr 24, 26$15.03Apr 28, 26$15.20Apr 30, 26$15.51May 4, 26$15.75May 6, 26$15.69May 8, 26$15.48May 12, 26$15.15May 14, 26$15.21May 18, 26$14.87May 20, 26$14.99May 22, 26$15.09May 28, 26$15.28Jun 1, 26$15.57Jun 3, 26$15.15Jun 5, 26$15.15Jun 9, 26$15.27Jun 11, 26$15.44Jun 15, 26$15.40Jun 17, 26$15.16Jun 22, 26$14.96Jun 24, 26$15.04Jun 26, 26$15.42Jul 2, 26$15.40
$13.8252-week range$19.79
Loading valuation history…

Fundamentals

Key fundamentals

$1.3B

Market cap

16.4%

Revenue growth (YoY)

81.0%

Gross margin

$150.9M

Free cash flow (USD)

$2B

Net debt

-2.2%

Share dilution

3/4

Graham criteria passed

Defensive-investor screen

Financial Services

Sector

Trajectory

Long-term trends

Revenue by year

20192025

FY 2019$0.00FY 2020$23.5MFY 2021$98.6MFY 2022$100.2MFY 2023$328.1MFY 2024$332.5MFY 2025$387.0M
$0$387M

Free cash flow by year

20202025

FY 2020$12.4MFY 2021$67.7MFY 2022$121.6MFY 2023$185.8MFY 2024$201.5MFY 2025$150.9M
$12.4M$150.9M

Gross margin by year

20212025

FY 202178.7%FY 202233.0%FY 202365.6%FY 202463.0%FY 202581.0%
78.7%81.0%

Value screen

Graham defensive-investor tests

Computing the scorecard — refreshing any stale inputs…

0

Insider buys · 90 days

0

Insider sells · 90 days

Earnings

Last report: 10-Q filed May 7, 2026

Next expected: not yet scheduled

On the tape

Recent SEC & insider activity

  • 8-K eventDebt OfferingJul 1, 2026Filing
  • 8-K eventAnnual Meeting ResultsJun 2, 2026Filing
  • 8-K eventPrincipal Accounting Officer ResignationMay 29, 2026Filing
  • Quarterly report10-Q FiledMay 7, 2026Filing
  • 8-K eventDividend DeclaredMay 7, 2026Filing
  • 8-K eventCredit Agreement AmendmentApr 27, 2026Filing
  • 8-K eventEarnings Release AnnouncementApr 6, 2026Filing

Questions

Frequently asked questions

What is Morgan Stanley Direct Lending Fund's market cap?

Morgan Stanley Direct Lending Fund (MSDL) has a market capitalization of $1.3B.

What is MSDL's P/E ratio?

MSDL trades at a price-to-earnings ratio of 10.9, based on its latest fiscal-year diluted earnings per share and the most recent cached price.

What is MSDL's price-to-book (P/B) ratio?

MSDL trades at 0.75 times book value per share.

Are insiders buying MSDL stock?

SEC Form 4 filings show no open-market insider buys at Morgan Stanley Direct Lending Fund in the last 90 days (0 sells).

Same arena

Related companies in Financial - Conglomerates

Timeline

Every filing, insider trade & earnings on a price-anchored timeline

Filing Analyzer

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News

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Data: SEC EDGAR filings and cached fundamental data; prices and ratios use the most recent cached quote and statements (may lag by up to a day). Educational and research purposes only. Not investment advice.