Morgan Stanley Direct Lending Fund MSDL
NYSE MSDL
$15.38 +0.01 (+0.07%)
At close: Aug 20, 2026 · 4:00 PM EDT

Morgan Stanley Direct Lending Fund (MSDL) Tax Provisions (2023 - 2026)

Morgan Stanley Direct Lending Fund (MSDL) posted quarterly Tax Provisions of $834000.0 for Q1 2026, up 33.01% year-over-year from $627000.0 in Q1 2025, and down 47.38% quarter-over-quarter from $1.6 million in Q4 2025.

Morgan Stanley Direct Lending Fund (MSDL) Tax Provisions (2023 - 2026) Analysis & Trends

Morgan Stanley Direct Lending Fund (MSDL) has reported Tax Provisions for 4 consecutive years, with $834000.0 the latest figure, recorded in Q1 2026.

  • In Q1 2026, Tax Provisions rose 33.01% year-over-year to $834000.0; the TTM figure through Mar 2026 stood at $3.0 million (up 14.95% YoY), while the FY2025 annual figure was $2.8 million, up 15.47% from the prior year.
  • Tax Provisions declined to $834000.0 in Q1 2026 per MSDL's latest filing, from $1.6 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $1.6 million in Q4 2025 and bottomed at $200000.0 in Q2 2025.
  • Historically, Tax Provisions has averaged $760400.0 across 4 years, with a median of $564000.0 in 2024.
  • On a YoY basis, Tax Provisions climbed as much as 58.5% in 2025 and fell as far as 60.0% in 2025.
  • Morgan Stanley Direct Lending Fund's Tax Provisions stood at $1.5 million in 2023, then sank by 34.17% to $1.0 million in 2024, then soared by 58.5% to $1.6 million in 2025, then plunged by 47.38% to $834000.0 in 2026.
  • Business Quant data shows MSDL's Tax Provisions at $834000.0 in Q1 2026, $1.6 million in Q4 2025, and $402000.0 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 BlackRock 176.99 Bn 163.12 Bn - 677.00 Mn
2 Blackstone 113.16 Bn 110.65 Bn - 452.39 Mn
3 Kkr 96.05 Bn -181.02 Bn - 246.11 Mn
4 Brookfield 92.54 Bn 45.14 Bn - 336.00 Mn
5 Brookfield Asset Management 82.31 Bn 80.81 Bn - 162.00 Mn
6 Apollo Global Management 77.14 Bn 51.77 Bn 10.54 Bn 396.00 Mn
7 State Street 50.64 Bn 50.64 Bn - 305.00 Mn
8 Ameriprise Financial 50.31 Bn 39.27 Bn 4.72 Bn 329.00 Mn
9 Northern Trust 33.61 Bn 33.61 Bn - 272.50 Mn
10 Morgan Stanley Direct Lending Fund 1.30 Bn 1.22 Bn - 800,000.00

Historic Data

Download Data
DateValue
Jun 30, 2026 800,000.00
Mar 31, 2026 834,000.00
Dec 31, 2025 1.59 Mn
Sep 30, 2025 402,000.00
Jun 30, 2025 200,000.00
Mar 31, 2025 627,000.00
Dec 31, 2024 1.00 Mn
Sep 30, 2024 501,000.00
Jun 30, 2024 500,000.00
Mar 31, 2024 436,000.00
Dec 31, 2023 1.52 Mn