Morgan Stanley Direct Lending Fund (MSDL) Change in Accured Expenses (2022 - 2026)
Morgan Stanley Direct Lending Fund (MSDL) reported Change in Accured Expenses of $3.9 million for Q1 2026, up 326.33% year-over-year from $915244.6 in Q1 2025, and up 101.13% quarter-over-quarter from $1.9 million in Q4 2025.
Morgan Stanley Direct Lending Fund (MSDL) Change in Accured Expenses (2022 - 2026) Analysis & Trends
Morgan Stanley Direct Lending Fund (MSDL) has 5 years of Change in Accured Expenses data on file, last reported at $3.9 million in Q1 2026.
- Change in Accured Expenses for Q1 2026 came in at $3.9 million, up 326.33% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.4 million (down 48.98% YoY), and the FY2025 annual result was -$260000.0, down 110.92% from the prior year.
- Change in Accured Expenses improved to $3.9 million in Q1 2026 per MSDL's latest filing, from $1.9 million in the prior quarter.
- Over five years, Change in Accured Expenses peaked at $20.5 million in Q2 2024 and troughed at -$10.0 million in Q3 2023.
- A 5-year average of $405529.4 and a median of $773000.0 in 2024 frame the typical range for Change in Accured Expenses.
- On a YoY basis, Change in Accured Expenses climbed as much as 1173.73% in 2023 and fell as far as 502.66% in 2023.
- A 5-year view of Change in Accured Expenses shows it stood at -$830000.0 in 2022, then jumped by 1173.73% to $8.9 million in 2023, then sank by 91.33% to $773000.0 in 2024, then soared by 150.97% to $1.9 million in 2025, then soared by 101.13% to $3.9 million in 2026.
- Business Quant data shows MSDL's Change in Accured Expenses at $3.9 million in Q1 2026, $1.9 million in Q4 2025, and $2.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 160.20 Bn | 150.57 Bn | - | 3.47 Bn |
| 2 | Blackstone | 96.40 Bn | 95.35 Bn | - | -709.73 Mn |
| 3 | Kkr | 85.87 Bn | 133.39 Bn | - | 8.03 Mn |
| 4 | Apollo Global Management | 79.90 Bn | 98.63 Bn | 5.04 Bn | - |
| 5 | State Street | 46.62 Bn | 20.95 Bn | - | 1.63 Bn |
| 6 | Ameriprise Financial | 42.78 Bn | 42.65 Bn | 4.57 Bn | -467.00 Mn |
| 7 | Northern Trust | 32.35 Bn | 32.35 Bn | - | 28.60 Mn |
| 8 | Ares Management | 30.25 Bn | 33.62 Bn | - | - |
| 9 | Raymond James Financial | 30.24 Bn | 18.99 Bn | - | 166.00 Mn |
| 10 | Morgan Stanley Direct Lending Fund | - | - | - | 3.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.90 Mn |
| Mar 31, 2026 | 3.90 Mn |
| Dec 31, 2025 | 1.94 Mn |
| Dec 31, 2025 | 1.94 Mn |
| Sep 30, 2025 | 2.79 Mn |
| Sep 30, 2025 | 2.79 Mn |
| Jun 30, 2025 | -3.26 Mn |
| Jun 30, 2025 | -3.26 Mn |
| Mar 31, 2025 | -1.72 Mn |
| Mar 31, 2025 | -1.72 Mn |
| Dec 31, 2024 | 773,000.00 |
| Dec 31, 2024 | 773,000.00 |
| Sep 30, 2024 | -9.05 Mn |
| Sep 30, 2024 | -9.05 Mn |
| Jun 30, 2024 | 20.52 Mn |
| Jun 30, 2024 | 20.52 Mn |
| Mar 31, 2024 | -9.86 Mn |
| Mar 31, 2024 | -9.86 Mn |
| Dec 31, 2023 | 8.91 Mn |
| Dec 31, 2023 | 8.91 Mn |