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MSDL

Morgan Stanley Direct Lending Fund
$15.42 +0.04 (+0.26%) At close · Jul 7
Market Cap
$1.29B
Shares
84,764,712

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$15.42 Open$15.47 Day$15.39–15.61 52W$13.51–18.17 Avg vol 30d576K Short int3.9M · 4.6% float · 6.9d Short vol70% Last earningsMay 7, 2026 DataJan 2024–Jul 2026 Filing10-Q · May 7
Equibles Rating blended score · not investment advice
Overall
Neutral
SellHoldBuy
Technical Buy Momentum Very Weak Sentiment Bullish Fundamentals Weak Quant / Vol Low
Market backdrop VIX 16.9 · calm Equity put/call 0.86
Technical
price trend
Buy
50 / 200-day cross No cross
Price vs 200-day avg −3%
below
Price vs 50-day avg +1%
above
RSI (14) 52
neutral
MACD trend Positive
52-week position 41%
mid-range
Momentum
relative strength
Very Weak
1-month return +2%
trailing
6-month return −3%
trailing
YTD return −3%
this year
Relative strength −10%
vs S&P · 6-mo
Sentiment
smart money
Bullish
Trend (MA cross) No cross
50d $15 › 200d $16 — 200d above 50d
Institutional flow Accumulating
3 of 138 funds reported for Jun 30 · net +28.8K sh shares · +1 new
Insider flow Flat
No net insider activity over 90 days
Short interest Falling
4.62% of float · ▼ -2.3% MoM · 6.9 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
138 holders — near 2-yr high, broad support
Squeeze score 62
elevated · 0–100
Fundamentals
Weak
EPS growth −42%
Y/Y
Valuation P/E 15
in line
Buyback $96.0M
remaining
Balance sheet $2.0B
net debt
Quant / Vol
risk profile
Low
Volatility 21%
annualized · 1-yr
Max drawdown −25%
past year
ATR 2.1%
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.

Up next
Next earnings call
Aug 6, 2026 Est · unconfirmed · in 4 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
filed May 7, 2026
AI Brief

TL;DR.

Bullish
    Bearish

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

      Technicals

      trend & momentum for long-term holders Buy
      0 · 4 · 2
      50 / 200-day cross
      No cross Neutral
      Price vs 200-day avg
      −3% Neutral
      Price vs 50-day avg
      +1% Bullish
      RSI (14)
      52 Neutral
      MACD trend
      Positive Bullish
      52-week position
      41% 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
      3 of 138 funds reported for Jun 30 · net +28.8K sh shares · +1 new
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Falling
      4.62% of float · ▼ -2.3% MoM · 6.9 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      138 holders — near 2-yr high, broad support
      Price context
      position in its 52-week range
      52-wk low $14 Now $15 · 41% 52-wk high $18
      vs 200-day avg -3% vs 50-day avg +1%

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

      Key metrics

      the company's own KPIs, from its earnings releases, calls, and filings
      Metric Latest Period YoY
      Availability under credit facilities $1,409.2M Q1 2026
      Floating rate debt investments as a percentage of total portfolio (fair value) 99.6% Q1 2026
      Non-accrual investments as a percentage of total investments at amortized cost 1.5% Q1 2026
      Number of industries 36 Q1 2026
      Number of new investment commitments in portfolio companies 7 Q1 2026
      Number of portfolio companies exited or fully repaid 7 Q1 2026
      Total weighted average yield of investments in debt securities at amortized cost 9.3% Q1 2026
      Total weighted average yield of investments in debt securities at fair value 9.5% Q1 2026
      Average investment size $16.6M Q4 2025
      Floating rate debt investments as a percentage of total portfolio 99.6% Q4 2025
      Non-accrual investments as percentage of total investments at amortized cost 1.6% Q4 2025
      Weighted average yield of investments in debt securities at amortized cost 9.3% Q4 2025
      Weighted average yield of investments in debt securities at fair value 9.5% Q4 2025

      Figures exactly as the company stated them · click a metric with a to chart its history · period links open the stating document · "call" marks figures stated on the earnings call, "filing" figures stated in the 10-K/10-Q · YoY needs the prior-year figure on file

      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 -3.3% 15.0 4.6%
      BLK
      BlackRock, Inc.
      $328.75B -5.2% +16.2% 25.4 0.6%
      BN
      BROOKFIELD Corp /ON/
      $95.89B -4.3% 0.6%
      BX
      Blackstone Inc.
      $88.09B -20.7% +9.2% 30.4 2.7%
      KKR
      KKR & Co. Inc.
      $83.77B -26.7% -11.0% 1.7%

      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
      139
      % held
      42.4%
      Reported
      3 of 138
      Top holder
      MORGAN STANLEY
      Held Float
      View
      Held by Funds
      Fund positions
      15
      View
      Short & Settlement
      Short Interest Falling
      Shares short
      3.9M
      Days to cover
      6.9d
      Change
      -94.1K sh
      View
      Short Volume
      Short vol %
      70%
      As of
      Jul 8, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      33.5K
      Value
      $517.4K
      As of
      Jun 12, 2026
      View
      Off-Exchange
      Off-exchange %
      50.5%
      Week of
      May 4, 2026
      Off-exch Lit
      View
      Financials
      Financials
      Net income (FY)
      $122.1M
      EPS diluted
      $1.40
      View
      Buybacks
      Authorized · 2 programs
      $200.0M
      Remaining
      $96.0M
      Spent Remaining
      View
      Filings
      SEC Filings
      Latest
      8-K
      Filed
      Jul 6, 2026
      This year
      12
      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
      Jun 1, 2026
      View
      Investor Relations
      Upcoming events
      1
      View

      Performance

      5D 20D 120D MTD YTD
      MSDL -1.4% +1.8% -2.8% +2.0% -3.4%
      SPY +0.9% +1.4% +7.6% +0.1% +9.7%
      vs SPY -2.3% +0.4% -10.3% +1.9% -13.0%

      Capital returns

      Latest dividend
      $0.45 / share · ex Jun 30, 2026
      Cut 10%
      Paid (TTM)
      $1.90 / share · 4 payouts
      Dividend yield (TTM, derived)
      12.32%
      Buyback programs · 2 active · as of Mar 31, 2026
      Authorized (total)
      $200.00M
      Spent (derived)
      $104.00M
      Remaining
      $96.00M
      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) 3 filings 3 filers Visit website Investor relations