Morgan Stanley Direct Lending Fund (MSDL) Change in Accured Expenses (2022 - 2026)
Morgan Stanley Direct Lending Fund (MSDL) posted Change in Accured Expenses of -$3.47 million for Q2 2026, compared with -$148,000 a year earlier.
Morgan Stanley Direct Lending Fund (MSDL) Change in Accured Expenses (2022 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Change in Accured Expenses at Morgan Stanley Direct Lending Fund was -$6.81 million; for FY2025, it was -$1.53 million.
- In prior years, Morgan Stanley Direct Lending Fund's Change in Accured Expenses was $2.38 million in FY2024 (+32.0%), $1.8 million in FY2023 (-86.9%), $13.74 million in FY2022 (+545.9%) and $2.13 million in FY2021.
- Quarterly Change in Accured Expenses has run from a low of -$13.2 million in Q3 2024 to a high of $20.52 million in Q2 2024 over five years.
- According to Business Quant data, Change in Accured Expenses for the three prior quarters was -$6.8 million (Q1 2026), $670,000 (Q4 2025) and $2.79 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Accured Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.94 Bn | 29.62 Bn | - | - |
| 2 | Orix | 41.70 Bn | 42.20 Bn | - | - |
| 3 | Royalty Pharma | 32.87 Bn | 32.78 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - | - |
| 5 | Affirm Holdings | 23.86 Bn | 17.55 Bn | - | -22.78 Mn |
| 6 | Synchrony Financial | 23.33 Bn | -44.64 Bn | - | 190.00 Mn |
| 7 | Royal Gold | 19.87 Bn | 19.09 Bn | 390.45 Mn | - |
| 8 | Annaly Capital Management | 13.89 Bn | 4.98 Bn | - | 88.31 Mn |
| 9 | Ares Capital | 13.54 Bn | 10.98 Bn | - | 4.00 Mn |
| 10 | Morgan Stanley Direct Lending Fund | 1.14 Bn | 793.57 Mn | - | -3.47 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.47 Mn |
| Mar 31, 2026 | -6.80 Mn |
| Dec 31, 2025 | 670,000.00 |
| Sep 30, 2025 | 2.79 Mn |
| Jun 30, 2025 | -148,000.00 |
| Mar 31, 2025 | -4.84 Mn |
| Dec 31, 2024 | 4.92 Mn |
| Sep 30, 2024 | -13.20 Mn |
| Jun 30, 2024 | 20.52 Mn |
| Mar 31, 2024 | -9.86 Mn |
| Dec 31, 2023 | 9.89 Mn |
| Sep 30, 2023 | -10.01 Mn |
| Jun 30, 2023 | 9.64 Mn |
| Mar 31, 2023 | -7.72 Mn |
| Dec 31, 2022 | 8.54 Mn |
| Sep 30, 2022 | -2.36 Mn |
| Jun 30, 2022 | 5.64 Mn |
| Mar 31, 2022 | 1.92 Mn |
Morgan Stanley Direct Lending Fund Change in Accured Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-accured-expenses&ticker=MSDL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-accured-expenses", "ticker": "MSDL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-accured-expenses&ticker=MSDL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();