MSDL
What one share of Morgan Stanley Direct Lending Fund holds
We are a non-diversified, externally managed specialty finance company focused on lending to middle-market companies. We have elected to be regulated as a BDC under the Investment Company Act of 1940, as amended (the “1940 Act”).
Morgan Stanley Direct Lending Fund’s numbers from its SEC filings, divided by its shares. Results cover the last 12 months to 2026-06-30; the balance sheet is as of 2026-06-30.
| Profit | $0.69 |
|---|---|
| Dividends | $1.96 |
| Cash and investments | $0.78 |
| Debt | $23.45 |
| Book value | $19.50 |
Per share by fiscal year
| Year | Sales | Profit | Capex | Free cash | Dividends | Book value |
|---|---|---|---|---|---|---|
| 2021 | — | $2.67 | — | −$53.32 | — | $20.91 |
| 2022 | — | $0.79 | — | −$6.97 | $1.92 | $19.81 |
| 2023 | — | $3.11 | — | −$1.13 | $2.27 | $20.67 |
| 2024 | — | $2.43 | — | −$4.31 | — | $20.81 |
| 2025 | — | $1.40 | — | $1.73 | — | $20.26 |