Morgan Stanley Direct Lending Fund MSDL
NYSE MSDL
$14.76 -0.28 (-1.90%)
As of: Sep 9, 2026 · 3:59 PM EDT

Morgan Stanley Direct Lending Fund (MSDL) Market Capitalization (2024 - 2026)

Morgan Stanley Direct Lending Fund's (MSDL) quarterly Market Capitalization came in at $1.3 billion in Q2 2026, down 21.51% year-over-year from $1.6 billion in Q2 2025, and up 7.25% quarter-over-quarter from $1.2 billion in Q1 2026.

Analysis

Morgan Stanley Direct Lending Fund (MSDL) Market Capitalization (2024 - 2026) Analysis & Trends

Morgan Stanley Direct Lending Fund (MSDL) has reported Market Capitalization for 3 consecutive years, with $1.3 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Market Capitalization fell 21.51% year-over-year to $1.3 billion in Q2 2026; TTM through Jun 2026 was $1.3 billion, a 21.51% decrease from a year earlier, with the FY2025 full-year figure at $1.4 billion, down 22.25% from the prior year.
  • Market Capitalization was $1.3 billion for Q2 2026 at Morgan Stanley Direct Lending Fund, up from $1.2 billion in the prior quarter.
  • Over five years, Market Capitalization peaked at $2.0 billion in Q2 2024 and troughed at $1.2 billion in Q1 2026.
  • A 3-year average of $1.6 billion and a median of $1.7 billion in 2025 frame the typical range for Market Capitalization.
  • Across the five-year window, Market Capitalization decreased 8.29% in 2025 and tumbled 32.19% in 2026, its largest moves.
  • Over 3 years, Market Capitalization stood at $1.8 billion in 2024, then retreated by 22.25% to $1.4 billion in 2025, then fell by 10.14% to $1.3 billion in 2026.
  • The last three Market Capitalization figures came in at $1.3 billion (Q2 2026), $1.2 billion (Q1 2026), and $1.4 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Ares Capital 14.39 Bn 14.01 Bn -
2 Blackstone Secured Lending Fund 5.76 Bn 5.49 Bn -
3 Blue Owl Capital 5.62 Bn 5.38 Bn -
4 Main Street Capital 5.39 Bn 5.33 Bn -
5 Blue Owl Technology Finance 5.20 Bn 4.99 Bn -
6 Hercules Capital 4.68 Bn 4.64 Bn -
7 FS KKR Capital 3.48 Bn 3.37 Bn -
8 Golub Capital Bdc 3.38 Bn 3.34 Bn -
9 PennantPark Floating Rate Capital 2.47 Bn -134.94 Mn -
10 Morgan Stanley Direct Lending Fund 1.29 Bn 1.21 Bn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.28 Bn
Mar 31, 2026 1.19 Bn
Dec 31, 2025 1.42 Bn
Sep 30, 2025 1.40 Bn
Jun 30, 2025 1.63 Bn
Mar 31, 2025 1.76 Bn
Dec 31, 2024 1.83 Bn
Sep 30, 2024 1.76 Bn
Jun 30, 2024 1.95 Bn
Mar 31, 2024 1.92 Bn