MSDL · Morgan Stanley Direct Lending Fund

Track MSDL — free

$15.46 -0.11 (-0.71%) At close · Aug 14

Market Cap

$1.30B

84.11M

Up next

Next earnings call

Nov 7, 2026 Est · unconfirmed · in 12 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

Neutral

SellHoldBuy

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

Market backdrop VIX 14.3 · calm Equity put/call 0.52

Technical

price trend

Buy

50 / 200-day cross No cross

Price vs 200-day avg −1%

below

Price vs 50-day avg +1%

above

RSI (14) 54

neutral

MACD trend Positive

52-week position 38%

mid-range

Momentum

relative strength

Weak

1-month return 0%

trailing

6-month return +1%

trailing

YTD return −6%

this year

Relative strength −13%

vs S&P · 6-mo

Sentiment

smart money

Bullish

Trend (MA cross) No cross

50d $15 › 200d $16 — 200d above 50d

Institutional flow Flat

0% holders QoQ · +24 funds added

Insider flow Flat

No net insider activity over 90 days

Short interest Falling

4.53% of float · ▼ -16.0% MoM · 7.7 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

140 holders — near 2-yr high, broad support

Squeeze score 63

elevated · 0–100

Fundamentals

Weak

EPS growth −42%

Y/Y

Valuation P/E 22.4

rich

Buyback $83.5M

remaining

Balance sheet $2.0B

net debt

Quant / Vol

risk profile

Low

Volatility 22%

annualized · 1-yr

Max drawdown −24%

past year

ATR 2.3%

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 · 4 · 2

50 / 200-day cross

No cross Neutral

Price vs 200-day avg

−1% Neutral

Price vs 50-day avg

+1% Bullish

RSI (14)

54 Neutral

MACD trend

Positive Bullish

52-week position

38% Neutral

Market signals — smart money & positioning

Bullish · 2 of 6

Trend (MA cross) No cross

50d $15 › 200d $16 — 200d above 50d

Institutional flow Flat

0% holders QoQ · +24 funds added

Insider flow Flat

No net insider activity over 90 days

Short interest Falling

4.53% of float · ▼ -16.0% MoM · 7.7 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

140 holders — near 2-yr high, broad support

Price context

position in its 52-week range

Range low $14 Now $15 · 38% Range high $18

vs 200-day avg -1% vs 50-day avg +1%

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	—

Floating rate debt investments as a percentage of total portfolio on a fair value basis	99.6%	As of June 30, 2026	—
Investment fundings	146.24M	Three Months Ended June 30, 2026	—

Net debt to equity	1.17	As of June 30, 2026	—
New investment commitments, net of any syndications	94.99M	Three Months Ended June 30, 2026	—

Non-accrual investments as 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	—

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

Total weighted average yield of investments in debt securities at amortized cost	9.1%	As of June 30, 2026	—
Total weighted average yield of investments in debt securities at fair value	9.4%	As of June 30, 2026	—
Combined weighted average interest rate on debt outstanding	5.48%	Q1 FY2026	—

Debt-to-equity	1.22	As of March 31, 2026	—
Net funded deployment	-$65.8M	Q1 FY2026	—

New investment commitments	$144.9M	Q1 FY2026	—
Sales and repayments	$239.8M	Q1 FY2026	—

Weighted average yield of investments in debt securities at amortized cost	9.3%	As of March 31, 2026	—
Weighted average yield of investments in debt securities at fair value	9.5%	As of March 31, 2026	—
Net asset value per share	$20.26	the fourth quarter ended December 31, 2025	—

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	$1.30B	-6.2%	—	22.4	4.5%
BLK BlackRock, Inc.	$381.41B	+9.7%	+16.2%	28.1	0.7%
BX Blackstone Inc.	$108.04B	-6.6%	+9.2%	32.3	3.5%
KKR KKR & Co. Inc.	$102.34B	-10.6%	-11.0%	—	1.6%
BN BROOKFIELD Corp /ON/	$97.94B	-4.4%	—	—	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

140

% 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: 7.7d
Change: -727.2K sh

View

Short Volume

Short vol %

33%

As of: Aug 14, 2026

Short Total

View

Fails to Deliver

FTD shares

11.7K

Value: $177.6K
As of: Jul 10, 2026

View

Off-Exchange

Off-exchange %

41.4%

Week of: Jul 6, 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	+0.2%	+0.0%	+0.9%	+5.8%	-6.2%
SPY	+0.4%	+4.5%	+13.8%	+3.9%	+13.9%
vs SPY	-0.2%	-4.5%	-12.9%	+1.9%	-20.0%

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)

12.29%

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) 134 filings 130 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