Morgan Stanley Direct Lending Fund (MSDL) Payables (2022 - 2026)

Morgan Stanley Direct Lending Fund (MSDL) has 5 years of Payables data on file, last reported at $38.6 million in Q1 2026.

• Quarterly Payables fell 12.57% year-over-year to $38.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $38.6 million (down 12.57% YoY) and the FY2025 annual result came in at $43.3 million, down 18.67% from the prior year.
• Payables declined to $38.6 million in Q1 2026 per MSDL's latest filing, from $43.3 million in the prior quarter.
• Across five years, Payables topped out at $53.7 million in Q3 2024 and bottomed at $35.1 million in Q4 2022.
• The 5-year median for Payables is $43.8 million (2023), against an average of $44.6 million.
• The widest annual swing landed in 2023, when Payables jumped 50.35%; it then fell 18.68% in 2025.
• Tracing MSDL's Payables over 5 years: stood at $35.1 million in 2022, then jumped by 50.35% to $52.8 million in 2023, then grew by 0.79% to $53.3 million in 2024, then decreased by 18.67% to $43.3 million in 2025, then declined by 10.96% to $38.6 million in 2026.
• Per Business Quant, the three latest MSDL Payables figures stand at $38.6 million (Q1 2026), $43.3 million (Q4 2025), and $43.7 million (Q3 2025).

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