Morgan Stanley Direct Lending Fund (MSDL) Equity Ratio (2022 - 2026)

Morgan Stanley Direct Lending Fund (MSDL) has 5 years of Equity Ratio data on file, last reported at 0.44 in Q1 2026.

• Equity Ratio for Q1 2026 came in at 0.44, down 4.88% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.44 (down 4.88% YoY), and the FY2025 annual result was 0.45, down 5.3% from the prior year.
• Equity Ratio fell to 0.44 in Q1 2026 per MSDL's latest filing, from 0.45 in the prior quarter.
• Over five years, Equity Ratio peaked at 0.54 in Q1 2024 and troughed at 0.44 in Q1 2026.
• A 5-year average of 0.47 and a median of 0.47 in 2022 frame the typical range for Equity Ratio.
• The sharpest annual moves came in 2024 and 2025: Equity Ratio gained 16.82% in 2024, then fell 13.97% in 2025.
• A 5-year view of Equity Ratio shows it stood at 0.47 in 2022, then grew by 11.23% to 0.52 in 2023, then dropped by 9.53% to 0.47 in 2024, then slipped by 5.3% to 0.45 in 2025, then dropped by 0.89% to 0.44 in 2026.
• Business Quant data shows MSDL's Equity Ratio at 0.44 in Q1 2026, 0.45 in Q4 2025, and 0.45 in Q3 2025.