MSDL · Morgan Stanley Direct Lending Fund

Track MSDL — free

$15.31 +0.05 (+0.33%)

Market Cap

$1.29B

84.11M

Up next

Next earnings call

Nov 7, 2026 Est · unconfirmed · in 10 wks

FQ3-26 quarter ends

~Sep 30, 2026 Est

Latest filing: 10-Q

filed Aug 6, 2026

AI Brief

TL;DR.

Bullish

Bearish

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Ask ALVIS about this →

Equibles Rating

blended score · not investment advice

Overall

Buy

SellHoldBuy

Technical Buy Momentum Neutral Sentiment Bullish Fundamentals Weak Quant / Vol Very Low

Market backdrop VIX 15.2 · calm Equity put/call 0.64

Technical

price trend

Buy

50 / 200-day cross No cross

Price vs 200-day avg −2%

below

Price vs 50-day avg −0%

below

RSI (14) 48

neutral

MACD trend Positive

52-week position 33%

mid-range

Momentum

relative strength

Neutral

1-month return +4%

trailing

6-month return +3%

trailing

YTD return −7%

this year

Relative strength −9%

vs S&P · 6-mo

Sentiment

smart money

Bullish

Trend (MA cross) No cross

50d $15 › 200d $16 — 200d above 50d

Institutional flow Accumulating

+1% holders QoQ · +24 funds added

Insider flow Flat

No net insider activity over 90 days

Short interest Falling

4.49% of float · ▼ -1.0% MoM · 8.3 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

141 holders — near 2-yr high, broad support

Squeeze score 61

elevated · 0–100

Fundamentals

Weak

EPS growth −42%

Y/Y

Valuation P/E 22.2

in line

Buyback $83.5M

remaining

Balance sheet $2.0B

net debt

Quant / Vol

risk profile

Very Low

Volatility 22%

annualized · 1-yr

Max drawdown −24%

past year

ATR 1.8%

of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Technicals

trend & momentum for long-term holders Buy

0 · 5 · 1

50 / 200-day cross

No cross Neutral

Price vs 200-day avg

−2% Neutral

Price vs 50-day avg

−0% Neutral

RSI (14)

48 Neutral

MACD trend

Positive Bullish

52-week position

33% Neutral

Market signals — smart money & positioning

Bullish · 3 of 6

Trend (MA cross) No cross

50d $15 › 200d $16 — 200d above 50d

Institutional flow Accumulating

+1% holders QoQ · +24 funds added

Insider flow Flat

No net insider activity over 90 days

Short interest Falling

4.49% of float · ▼ -1.0% MoM · 8.3 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

141 holders — near 2-yr high, broad support

Price context

position in its 52-week range

Range low $14 Now $15 · 33% Range high $18

vs 200-day avg -2% vs 50-day avg 0%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings

Metric	Latest	Period	YoY
Availability under credit facilities	1.47B	As of June 30, 2026	—
Average investment size	15.5M	As of June 30, 2026	—
Average price per share repurchased	$15.06	Three months ended June 30, 2026	—
Combined weighted average interest rate on debt outstanding	5.4%	Three months ended June 30, 2026	—
Floating rate debt investments as a percentage of total portfolio on a fair value basis	99.6%	As of June 30, 2026	—
Investment fundings	146.2M	Three months ended June 30, 2026	—

Net asset value per share	$19.5	As of June 30, 2026	—
Net funded deployment	-94.2M	Three months ended June 30, 2026	—

New investment commitments (net of any syndications)	95M	Three months ended June 30, 2026	—
New investment commitments, at par (net of syndications)	94.99M	Three Months Ended June 30, 2026	—

Non-accrual investments as a percentage of total investments at amortized cost	2.9%	As of June 30, 2026	—
Number of industries	36	As of June 30, 2026	—
Number of new investment commitments in portfolio companies	3	Three Months Ended June 30, 2026	—

Number of portfolio companies	229	As of June 30, 2026	—
Number of portfolio companies exited or fully repaid	1	Three Months Ended June 30, 2026	—

Sales and repayments	240.5M	Three months ended June 30, 2026	—

Shares repurchased	831,486	Three months ended June 30, 2026	—

New investment commitments	$144.9M	Three Months Ended March 31, 2026	—

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

Asset Management — same industry group

Open screener →

Company	Mkt cap	YTD	Rev growth Y/Y	P/E	Short % shares
MSDL Morgan Stanley Direct Lending Fund this stock	$1.29B	-7.4%	—	22.2	4.5%
BLK BlackRock, Inc.	$382.87B	+9.6%	+16.2%	28.2	0.6%
BX Blackstone Inc.	$108.56B	-7.1%	+9.2%	32.4	2.9%
KKR KKR & Co. Inc.	$96.57B	-14.9%	-11.0%	—	1.4%
BN BROOKFIELD Corp /ON/	$92.82B	-9.2%	—	—	0.9%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section

Ownership

Institutional Holders Accumulating

Holders

141

% held: 45.6%
Net QoQ: +2.3M sh
Top holder: MORGAN STANLEY

Held Float

View

Held by Funds

Fund positions

View

Short & Settlement

Short Interest Falling

Shares short

3.8M

Days to cover: 8.3d
Change: -38.6K sh

View

Short Volume

Short vol %

47%

As of: Aug 26, 2026

Short Total

View

Fails to Deliver

FTD shares

203.6K

Value: $3.0M
As of: Jul 31, 2026

View

Off-Exchange

Off-exchange %

47.4%

Week of: Jul 20, 2026

Off-exch Lit

View

Financials

Net income (FY)

$122.1M

EPS diluted: $1.40

View

Buybacks

Authorized · 2 programs

$200.0M

Remaining: $83.5M

Spent Remaining

View

Filings

SEC Filings

Latest

8-K

Filed: Aug 6, 2026
This year: 15

View

Proposed Sales

Value

$811.6K

Shares: 48.6K
Filed: Sep 29, 2025

View

Exempt Offerings

Offering

Indefinite

Filed: Dec 20, 2022

View

Earnings & Events

Earnings Calls

Last call

Aug 7, 2026

View

Performance

	5D	20D	120D	MTD	YTD
MSDL	-0.7%	+3.7%	+3.2%	+4.5%	-7.4%
SPY	-0.4%	+5.0%	+12.4%	+2.6%	+12.3%
vs SPY	-0.3%	-1.4%	-9.3%	+1.9%	-19.7%

Capital returns

Latest dividend

$0.45 / share · ex Jun 30, 2026

Declared · upcoming

$0.45 / share · ex Sep 30, 2026

Cut 10%

Paid (TTM)

$1.90 / share · 4 payouts

Dividend yield (TTM, derived)

12.45%

Buyback programs · 2 active · as of Jun 30, 2026

Authorized (total)

$200.00M

Spent (derived)

$116.50M

Remaining

$83.50M

Spent Remaining

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 1782524 CUSIP 61774A103 13F (30d) 126 filings 123 filers Visit website Investor relations

MSDL · Morgan Stanley Direct Lending Fund

Price & Indicators

Up next

AI Brief

Equibles Rating

Technicals

Key metrics

Versus peers

At a glance

Performance

Capital returns