Morgan Stanley Direct Lending Fund (MSDL) Invested Capital (2022 - 2026)

Morgan Stanley Direct Lending Fund (MSDL) has reported Invested Capital for 5 consecutive years, with $3.6 billion the latest figure, recorded in Q2 2026.

• On a quarterly basis, Invested Capital fell 5.49% year-over-year to $3.6 billion in Q2 2026; TTM through Jun 2026 was $3.6 billion, a 5.49% decrease from a year earlier, with the FY2025 full-year figure at $3.8 billion, up 0.5% from the prior year.
• Invested Capital was $3.6 billion for Q2 2026 at Morgan Stanley Direct Lending Fund, down from $3.7 billion in the prior quarter.
• Over five years, Invested Capital peaked at $3.8 billion in Q3 2025 and troughed at $2.9 billion in Q4 2022.
• A 5-year average of $3.5 billion and a median of $3.6 billion in 2026 frame the typical range for Invested Capital.
• Across the five-year window, Invested Capital climbed 18.6% in 2024 and dropped 5.49% in 2026, its largest moves.
• Over 5 years, Invested Capital stood at $2.9 billion in 2022, then climbed by 10.15% to $3.2 billion in 2023, then grew by 18.6% to $3.8 billion in 2024, then rose by 0.5% to $3.8 billion in 2025, then retreated by 5.35% to $3.6 billion in 2026.
• The last three Invested Capital figures came in at $3.6 billion (Q2 2026), $3.7 billion (Q1 2026), and $3.8 billion (Q4 2025), per Business Quant data.