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.
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.
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.
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.
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.
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