Morgan Stanley Direct Lending Fund (MSDL) Interest Expenses (2022 - 2026)

Morgan Stanley Direct Lending Fund (MSDL) has 5 years of Interest Expenses data on file, last reported at $30.7 million in Q1 2026.

• Quarterly Interest Expenses fell 10.28% year-over-year to $30.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $132.6 million (up 2.13% YoY) and the FY2025 annual result came in at $136.1 million, up 10.74% from the prior year.
• Interest Expenses eased to $30.7 million in Q1 2026 per MSDL's latest filing, from $33.3 million in the prior quarter.
• Across five years, Interest Expenses topped out at $34.7 million in Q2 2025 and bottomed at $10.3 million in Q1 2022.
• The 5-year median for Interest Expenses is $29.3 million (2024), against an average of $27.7 million.
• The widest annual swing landed in 2023, when Interest Expenses surged 157.68%; it then declined 10.28% in 2026.
• Tracing MSDL's Interest Expenses over 5 years: stood at $24.5 million in 2022, then gained by 19.07% to $29.1 million in 2023, then grew by 14.08% to $33.2 million in 2024, then increased by 0.39% to $33.3 million in 2025, then declined by 8.03% to $30.7 million in 2026.
• Per Business Quant, the three latest MSDL Interest Expenses figures stand at $30.7 million (Q1 2026), $33.3 million (Q4 2025), and $33.9 million (Q3 2025).

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