MSDL - NYSE

Morgan Stanley Direct Lending Fund

MSDL·NYSE

$15.15

-2.8%

Financial ServicesFinancial - Conglomerates

Morgan Stanley Direct Lending Fund is a business development and finance company, which engages in lending to middle-market companies. It invests in directly originated senior secured term loans including first lien senior secured term loans and second lien senior secured term loans. The company was founded on May 30, 2019 and is headquartered in New York, NY.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$1.28B

EPS1.4000

P/E Ratio10.82

Earnings Date08/06/2026

msdl

Operating Expenses

Last Annual Value

55.48M

3-Year CAGR

77%

5-Year CAGR

107%

10-Year CAGR

418%

Adjust for Inflation

Morgan Stanley Direct Lending Fund Competitors Analysis of Operating Expenses

MSDL · NYSE

Company	Operating Expenses	CAGR 3Y	CAGR 5Y	CAGR 10Y
Morgan Stanley Direct Lending Fund NYSE:MSDL	55.48M	N/A	N/A	N/A
TriCo Bancshares NASDAQ:TCBK	235.36M	1.3%	6.4%	5.3%
Merchants Bancorp NASDAQ:MBIN	299.89M	20.5%	20.6%	29.6%
1st Source Corporation NASDAQ:SRCE	216.84M	2.4%	3.2%	2.9%
S&T Bancorp, Inc. NASDAQ:STBA	226.76M	2.5%	3.7%	4.7%
First Merchants Corporation NASDAQ:FRME	381.06M	-0.6%	6.4%	7.9%
General American Investors Company, Inc. NYSE:GAM	-189.78M	N/A	N/A	N/A
Central Securities Corp. NYSE:CET	296.20M	251.7%	113.2%	49.2%
Oxford Lane Capital Corp. NASDAQ:OXLC	797.99M	126.2%	87.3%	N/A

Morgan Stanley Direct Lending Fund Fair Value Envelope

MSDL · NYSE

Our analysis suggests that MSDL has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $15.15, this represents a potential HIDDEN relative to our calculated worth for Morgan Stanley Direct Lending Fund.

HIDDEN

Intrinsic Value

Current Price: $15.15

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