Morgan Stanley Direct Lending Fund (MSDL) Amortization of Deferred Charges (2022 - 2026)
Morgan Stanley Direct Lending Fund (MSDL) reported Amortization of Deferred Charges of $1.1 million for Q1 2026, up 11.46% year-over-year from $960000.0 in Q1 2025, and down 44.62% on a QoQ basis from $1.9 million in Q4 2025.
Morgan Stanley Direct Lending Fund (MSDL) has 5 years of Amortization of Deferred Charges data on file, last reported at $1.1 million in Q1 2026.
- Quarterly Amortization of Deferred Charges rose 11.46% year-over-year to $1.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.5 million (up 33.78% YoY) and the FY2025 annual result came in at $5.0 million, up 30.03% from the prior year.
- Amortization of Deferred Charges declined to $1.1 million in Q1 2026 per MSDL's latest filing, from $1.9 million in the prior quarter.
- Across five years, Amortization of Deferred Charges topped out at $2.8 million in Q4 2022 and bottomed at $177000.0 in Q1 2022.
- The 5-year median for Amortization of Deferred Charges is $576000.0 (2023), against an average of $813187.5.
- The widest annual swing landed in 2023, when Amortization of Deferred Charges surged 254.8%; it then sank 60.31% in 2025.
- Tracing MSDL's Amortization of Deferred Charges over 5 years: stood at $2.8 million in 2022, then tumbled by 55.69% to $1.3 million in 2023, then declined by 10.34% to $1.1 million in 2024, then soared by 71.43% to $1.9 million in 2025, then plunged by 44.62% to $1.1 million in 2026.
- Per Business Quant, the three latest MSDL Amortization of Deferred Charges figures stand at $1.1 million (Q1 2026), $1.9 million (Q4 2025), and $208000.0 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - |
| 10 | Morgan Stanley Direct Lending Fund | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.07 Mn |
| Mar 31, 2026 | 1.07 Mn |
| Dec 31, 2025 | 1.93 Mn |
| Dec 31, 2025 | 1.93 Mn |
| Sep 30, 2025 | 208,000.00 |
| Sep 30, 2025 | 208,000.00 |
| Jun 30, 2025 | 283,000.00 |
| Jun 30, 2025 | 283,000.00 |
| Mar 31, 2025 | 960,000.00 |
| Mar 31, 2025 | 960,000.00 |
| Dec 31, 2024 | 1.13 Mn |
| Dec 31, 2024 | 1.13 Mn |
| Sep 30, 2024 | 524,000.00 |
| Sep 30, 2024 | 524,000.00 |
| Mar 31, 2024 | 635,000.00 |
| Mar 31, 2024 | 635,000.00 |
| Dec 31, 2023 | 1.26 Mn |
| Dec 31, 2023 | 1.26 Mn |
| Sep 30, 2023 | 518,000.00 |
| Sep 30, 2023 | 518,000.00 |
| Jun 30, 2023 | 280,000.00 |
| Jun 30, 2023 | 280,000.00 |
| Mar 31, 2023 | 628,000.00 |
| Mar 31, 2023 | 628,000.00 |
| Dec 31, 2022 | 2.84 Mn |
| Dec 31, 2022 | 2.84 Mn |
| Sep 30, 2022 | 289,000.00 |
| Sep 30, 2022 | 289,000.00 |
| Jun 30, 2022 | 286,000.00 |
| Jun 30, 2022 | 286,000.00 |
| Mar 31, 2022 | 177,000.00 |
| Mar 31, 2022 | 177,000.00 |