STOCK TITAN

Morgan Stanley Direct Lending Fund - MSDL STOCK NEWS

Welcome to our dedicated page for Morgan Stanley Direct Lending Fund news (Ticker: MSDL), a resource for investors and traders seeking the latest updates and insights on Morgan Stanley Direct Lending Fund stock.

Morgan Stanley Direct Lending Fund (MSDL) is a specialized investment fund targeting appealing risk-adjusted returns primarily through current income and, to a lesser extent, capital appreciation. The fund primarily focuses on investing in directly originated senior secured term loans issued by U.S. middle-market companies, particularly those backed by private equity sponsors.

The core investment strategy involves predominantly engaging in first lien senior secured term loans, including unitranche loans, and second lien senior secured term loans. Additionally, MSDL diversifies its portfolio with higher-yielding assets such as mezzanine debt, unsecured debt, equity investments, and other opportunistic purchases.

Morgan Stanley Direct Lending Fund has positioned itself as a significant player in direct lending, leveraging its robust investment framework to support middle-market businesses. The fund's careful selection process and emphasis on senior secured loans help mitigate risk while providing steady income. Recent achievements include successful capital allocations and strategic partnerships that reinforce its market position.

MSDL's commitment to generating current income while preserving capital makes it a compelling choice for investors seeking stable returns. The fund's investments are strategically chosen to offer high yield potentials, bolstered by the backing of private equity sponsors. This dual approach of income and capital appreciation ensures that the fund remains resilient across varying market conditions.

Rhea-AI Summary

Morgan Stanley Direct Lending Fund (NYSE: MSDL) has announced its plans to release financial results for the third quarter ended September 30, 2024. The results will be made public on Thursday, November 7, 2024, after market close. Following this, MSDL will host a conference call at 10:00 am ET on Friday, November 8, 2024, to review the financial results and conduct a Q&A session.

Interested parties can participate in the live earnings conference call via an audio webcast link or by dialing in. The domestic dial-in number is 323-994-2093, while the international number is 888-394-8218. The passcode for the call is 1797706. Participants are advised to join at least 10 minutes before the call starts to avoid potential delays. An archived replay of the call will be available on the Investor Relations section of the Morgan Stanley Direct Lending Fund website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.4%
Tags
conferences earnings
-
Rhea-AI Summary

Morgan Stanley Direct Lending Fund (NYSE: MSDL) reported strong Q2 2024 results, its first full quarter as a public company. Key highlights include:

- Net investment income of $56.1 million, or $0.63 per share
- Net asset value increased to $20.83 per share from $20.67 in Q1
- New investment commitments of $673.9 million
- Net funded deployment of $210.4 million
- Declared Q3 dividend of $0.50 per share

The investment portfolio had a fair value of $3.5 billion across 192 companies. Total debt outstanding was $1.67 billion with a debt-to-equity ratio of 0.90x. The Board also declared a special dividend of $0.10 per share.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.17%
Tags
dividends earnings
-
Rhea-AI Summary

Morgan Stanley Direct Lending Fund (NYSE: MSDL) announced it will release its financial results for the second quarter of 2024 on Thursday, August 8, 2024, after the market closes.

The company will host a conference call to discuss the results on Friday, August 9, 2024, at 10:00 am ET. The call will include a question-and-answer session. Interested parties can join via an audio webcast or by dialing in. A replay of the call will be available on MSDL's Investor Relations website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
Tags
conferences earnings
Rhea-AI Summary

Morgan Stanley Direct Lending Fund (NYSE: MSDL) announced its financial results for the first quarter of 2024, highlighting strong operating performance and stable credit. The company reported net investment income of $54.7 million, a net asset value of $20.67 per share, and declared a dividend of $0.50 per share. Despite a slight decrease in total investment income, the company maintained a solid portfolio with investments in various industries. The company's debt-to-equity ratio improved to 0.81x, demonstrating financial stability.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.17%
Tags
dividends earnings
-
Rhea-AI Summary
Morgan Stanley Direct Lending Fund (MSDL) to release Q1 2024 financial results on May 9, 2024. Conference call scheduled for May 10, 2024, to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.93%
Tags
-
Rhea-AI Summary
Morgan Stanley Direct Lending Fund (MSDL) reported strong financial results for Q4 and fiscal year 2023, with record net investment income of $55.5 million and net asset value per share of $20.67. The company's debt-to-equity ratio improved to 0.87x, and it made new investment commitments of $242.9 million. MSDL declared a regular dividend of $0.50 per share and a special dividend of $0.10 per share. Total investment income for Q4 was $100.8 million, driven by capital deployment and rising SOFR rates. The company's investment portfolio had a fair value of $3.2 billion, with investments in 172 portfolio companies across 30 industries. MSDL priced its IPO, raising approximately $97 million, and approved a share repurchase program of up to $100.0 million. The company also entered into a new advisory agreement to reduce management and incentive fees.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.51%
Tags
dividends earnings
Rhea-AI Summary
Morgan Stanley Direct Lending Fund (MSDL) will release its financial results for Q4 and fiscal year 2023 on March 1, 2024. A conference call will be held to review the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.24%
Tags

FAQ

What is the current stock price of Morgan Stanley Direct Lending Fund (MSDL)?

The current stock price of Morgan Stanley Direct Lending Fund (MSDL) is $19.63 as of November 5, 2024.

What is the market cap of Morgan Stanley Direct Lending Fund (MSDL)?

The market cap of Morgan Stanley Direct Lending Fund (MSDL) is approximately 1.8B.

What is Morgan Stanley Direct Lending Fund (MSDL)?

MSDL is an investment fund aiming for attractive risk-adjusted returns through current income and capital appreciation by investing in senior secured term loans.

What types of investments does MSDL focus on?

MSDL mainly invests in first lien senior secured term loans, unitranche loans, second lien senior secured term loans, and higher-yielding assets like mezzanine debt and equity investments.

Who backs the companies MSDL invests in?

The companies MSDL invests in are typically backed by private equity sponsors.

What are the core objectives of MSDL?

The core objectives are to achieve attractive risk-adjusted returns via current income and capital appreciation.

How does MSDL mitigate investment risk?

MSDL mitigates investment risk by focusing on senior secured term loans and having a robust selection process.

What recent achievements has MSDL accomplished?

MSDL has seen successful capital allocations and strategic partnerships strengthening its market position.

Why should investors consider MSDL?

Investors should consider MSDL for its potential for steady returns through carefully selected high-yield investments and senior secured loans.

What is the investment strategy of MSDL?

The investment strategy includes direct origination of senior secured term loans and diversifying with mezzanine debt, equity investments, and opportunistic purchases.

How does MSDL ensure income generation?

MSDL ensures income generation by predominantly investing in senior secured loans that offer steady income potential.

Is MSDL suitable for risk-averse investors?

Yes, MSDL's focus on senior secured loans and robust risk mitigation strategies make it suitable for risk-averse investors seeking stable returns.

Morgan Stanley Direct Lending Fund

NYSE:MSDL

MSDL Rankings

MSDL Stock Data

1.76B
89.37M
United States of America
NEW YORK