Morgan Stanley Direct Lending Fund (MSDL) Shares Issued (2022 - 2025)

Morgan Stanley Direct Lending Fund (MSDL) has 4 years of Shares Issued data on file, last reported at -$40000.0 in Q3 2025.

• Quarterly Shares Issued changed N/A year-over-year to -$40000.0 in Q3 2025, while the trailing twelve-month figure through Dec 2025 was -$163000.0 (down 100.17% YoY) and the FY2025 annual result came in at -$163000.0, down 100.17% from the prior year.
• Shares Issued advanced to -$40000.0 in Q3 2025 per MSDL's latest filing, from -$123000.0 in the prior quarter.
• Across five years, Shares Issued topped out at $220.2 million in Q4 2023 and bottomed at -$123000.0 in Q2 2025.
• The 4-year median for Shares Issued is $74.9 million (2022), against an average of $63.7 million.
• The widest annual swing landed in 2023, when Shares Issued sank 67.14%; it then surged 3651.49% in 2024.
• Tracing MSDL's Shares Issued over 4 years: stood at $92.0 million in 2022, then soared by 139.22% to $220.2 million in 2023, then slumped by 56.45% to $95.9 million in 2024, then sank by 100.04% to -$40000.0 in 2025.
• Per Business Quant, the three latest MSDL Shares Issued figures stand at -$40000.0 (Q3 2025), -$123000.0 (Q2 2025), and $95.9 million (Q1 2024).

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