Morgan Stanley Direct Lending Fund (MSDL) Tax Rate (2023 - 2026)
Morgan Stanley Direct Lending Fund has reported Tax Rate over the past 3 years, most recently at 14.88% for Q4 2025.
- Quarterly Tax Rate rose 948.0% to 14.88% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 6.59% through Dec 2025, up 415.0% year-over-year, with the annual reading at 6.59% for FY2025, 415.0% up from the prior year.
- Tax Rate was 14.88% for Q4 2025 at Morgan Stanley Direct Lending Fund, up from 3.93% in the prior quarter.
- Over five years, Tax Rate peaked at 14.88% in Q4 2025 and troughed at 1.57% in Q1 2024.
- The 3-year median for Tax Rate is 3.93% (2025), against an average of 4.68%.
- Year-over-year, Tax Rate decreased -5bps in 2024 and then soared 948bps in 2025.
- A 3-year view of Tax Rate shows it stood at 5.45% in 2023, then dropped by -1bps to 5.4% in 2024, then skyrocketed by 176bps to 14.88% in 2025.
- Per Business Quant, the three most recent readings for MSDL's Tax Rate are 14.88% (Q4 2025), 3.93% (Q3 2025), and 2.19% (Q2 2025).