Morgan Stanley Direct Lending Fund

Morgan Stanley Direct Lending Fund

Capital Markets
Morgan Stanley Direct Lending Fund is a fund whose investment objective is to achieve attractive risk-adjusted returns via current income and to a lesser extent, capital appreciation by investing predominantly in directly originated senior secured term loans issued by U.S. middle-market companies backed by private equity sponsors. It invests predominantly in directly originated senior secured term loans including first lien senior secured term loans including unitranche loans and second lien senior secured term loans, with the balance of the investments expected to be in higher-yielding assets such as mezzanine debt, unsecured debt, equity investments and other opportunistic asset purchases.

$1.1B

Market Cap • 10/2/2026

2019

(7 years)

Founded

2024

(2 years ago)

IPO

NYSE

Listing Exchange

Flag of United States

United States

Country

Valuation

P/B

0,7

P/S

3

P/E

19,6

BVPS

19,6

EPS

0,7

Market Cap

Market Cap

1,1B

Payout

Dividend Per Share

2

Dividend Yield

14,5%

Buyback Yield

3,4%

Total Yield

17,9%

Dividend Yield 5Y

10,2%

Payout

281,9%

Retained Earnings

-92,6M

Profitability

Gross Margin

82,2%

Net Margin

16%

ROE

3,5%

ROA

7,4%

Growth

CAGR Revenue 5Y

43,8%

CAGR Net Income 5Y

3,1%

CAGR EPS 5Y

-27,7%

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