Morgan Stanley Direct Lending Fund (MSDL) Exchange Rate Effect (2024 - 2026)
Morgan Stanley Direct Lending Fund (MSDL) reported Exchange Rate Effect of -$33,000 for Q2 2026, compared with $74,000 a year earlier.
Morgan Stanley Direct Lending Fund (MSDL) Exchange Rate Effect (2024 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Morgan Stanley Direct Lending Fund's Exchange Rate Effect came in at -$65,000; for FY2025, it came in at $38,000, up 216.7% from FY2024.
- By year, Exchange Rate Effect came in at $12,000 in FY2024.
- Five-year quarterly Exchange Rate Effect spans a low of -$95,000 in Q4 2025 and a high of $74,000 in Q2 2025.
- Per Business Quant data, the three quarters before Q2 2026 came in at -$10,000 (Q1 2026), -$95,000 (Q4 2025) and $73,000 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FX Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | -4.81 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | - |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Morgan Stanley Direct Lending Fund | 1.15 Bn | 802.02 Mn | - | -33,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -33,000.00 |
| Mar 31, 2026 | -10,000.00 |
| Dec 31, 2025 | -95,000.00 |
| Sep 30, 2025 | 73,000.00 |
| Jun 30, 2025 | 74,000.00 |
| Mar 31, 2025 | -14,000.00 |
| Dec 31, 2024 | 12,000.00 |
Morgan Stanley Direct Lending Fund Exchange Rate Effect 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=exchange-rate-effect&ticker=MSDL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "exchange-rate-effect", "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=exchange-rate-effect&ticker=MSDL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();