Morgan Stanley Direct Lending Fund Announces June 30, 2024 Financial Results and Declares Third Quarter 2024 Dividend of $0.50 per Share
Morgan Stanley Direct Lending Fund (MSDL)
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Morgan Stanley Direct Lending Fund (NYSE: MSDL) (“MSDL” or the “Company”), a business development company externally managed by MS Capital Partners Adviser Inc. (the “Adviser”), today announced its financial results for the second quarter ended June 30, 2024.“In the second quarter of 2024, our first full quarter operating as a public company, MSDL generated strong operating results,” said Jeffrey Levin, President and Chief Executive Officer of Morgan Stanley Direct Lending Fund. “This performance was supported by continued credit stability in our portfolio of senior, sponsor-backed middle market loans.”QUARTERLY HIGHLIGHTSNet investment income of $56.1 million, or $0.63 per share;Net asset value of $20.83 per share, as compared to $20.67 as of March 31, 2024;Debt-to-equity was 0.90x as of June 30, 2024, as compared to 0.81x as of March 31, 2024;New investment commitments of $673.9 million, fundings of $499.7 million and sales and repayments of $289.3 mil
Show less
Read more
Impact Snapshot
Event Time:
MSDL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MSDL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MSDL alerts
High impacting Morgan Stanley Direct Lending Fund news events
Weekly update
A roundup of the hottest topics
MSDL
News
- Morgan Stanley Direct Lending Fund Announces September 30, 2024 Financial Results and Declares Fourth Quarter 2024 Regular Dividend of $0.50 per ShareBusiness Wire
- Morgan Stanley Direct Lending Fund Announces Third Quarter 2024 Earnings Release and Conference CallBusiness Wire
- Morgan Stanley Direct Lending (NYSE: MSDL) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $22.00 price target on the stock.MarketBeat
- Morgan Stanley Direct Lending (NYSE: MSDL) had its price target lowered by analysts at Royal Bank of Canada from $23.00 to $22.00. They now have an "outperform" rating on the stock.MarketBeat
MSDL
Earnings
- 11/7/24 - Miss
MSDL
Sec Filings
- 11/7/24 - Form 8-K
- 11/7/24 - Form 10-Q
- 10/31/24 - Form 40-17G
- MSDL's page on the SEC website