Morgan Stanley Direct Lending Fund (MSDL) Shares Outstanding (Diluted Average) (2022 - 2025)
Morgan Stanley Direct Lending Fund (MSDL) has disclosed Shares Outstanding (Diluted Average) for 4 consecutive years, with $87.3 million as the latest value for Q4 2025.
- On a quarterly basis, Shares Outstanding (Diluted Average) fell 1.56% to $87.3 million in Q4 2025 year-over-year; TTM through Dec 2025 was $87.3 million, a 1.56% decrease, with the full-year FY2025 number at $87.3 million, down 1.56% from a year prior.
- Shares Outstanding (Diluted Average) was $87.3 million for Q4 2025 at Morgan Stanley Direct Lending Fund, roughly flat from $86.8 million in the prior quarter.
- In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $89.3 million in Q2 2024 to a low of $57.1 million in Q1 2022.
- A 4-year average of $77.1 million and a median of $80.5 million in 2023 define the central range for Shares Outstanding (Diluted Average).
- Peak YoY movement for Shares Outstanding (Diluted Average): rose 25.14% in 2024, then decreased 2.02% in 2025.
- Morgan Stanley Direct Lending Fund's Shares Outstanding (Diluted Average) stood at $61.7 million in 2022, then rose by 20.37% to $74.2 million in 2023, then rose by 19.41% to $88.6 million in 2024, then decreased by 1.56% to $87.3 million in 2025.
- Per Business Quant, the three most recent readings for MSDL's Shares Outstanding (Diluted Average) are $87.3 million (Q4 2025), $86.8 million (Q3 2025), and $87.8 million (Q2 2025).