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Morgan Stanley Direct Lending Fund (MSDL) Q3 2025 Earnings Call Highlights: Strong Investment ... [Yahoo! Finance]

Morgan Stanley Direct Lending Fund (MSDL) 
Company Research Source: Yahoo! Finance
New Investment Commitments: $183 million, a 23% increase from the second quarter. Portfolio Total: $3.8 billion at fair value. Weighted Average Yield on Debt: 9.7% at cost and 9.9% at fair value, a decline of approximately 35 basis points quarter over quarter. Total Investment Income: $99.7 million for the third quarter. Total Expenses: $56 million for the third quarter. Net Change in Unrealized Losses: $16.2 million. Net Asset Value (NAV) per Share: $20.41, down from $20.59 in the prior period. Debt-to-Equity Ratio: 1.17 times, up from 1.15 times in the prior quarter. Distribution Declared: $0.50 per share for the fourth quarter. Nonaccrual Rate: 120 basis points of the total portfolio at cost. Share Repurchase: Approximately $3 million worth of shares repurchased during the quarter. Warning! GuruFocus has detected 6 Warning Signs with MSDL. Is MSDL fairly valued? Test your thesis with our free DCF calculator. Release Date: November 07, 2025 For the compl Show less Read more
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