Growth Metrics

Morgan Stanley Direct Lending Fund (MSDL) Tax Rate (2023 - 2025)

Historic Tax Rate for Morgan Stanley Direct Lending Fund (MSDL) over the last 3 years, with Q3 2025 value amounting to 3.93%.

  • Morgan Stanley Direct Lending Fund's Tax Rate rose 20100.0% to 3.93% in Q3 2025 from the same period last year, while for Sep 2025 it was 7.25%, marking a year-over-year increase of 45500.0%. This contributed to the annual value of 2.44% for FY2024, which is 6900.0% up from last year.
  • Morgan Stanley Direct Lending Fund's Tax Rate amounted to 3.93% in Q3 2025, which was up 20100.0% from 2.19% recorded in Q2 2025.
  • In the past 5 years, Morgan Stanley Direct Lending Fund's Tax Rate ranged from a high of 13.16% in Q4 2024 and a low of 1.57% during Q1 2024
  • In the last 3 years, Morgan Stanley Direct Lending Fund's Tax Rate had a median value of 3.06% in 2025 and averaged 4.36%.
  • In the last 5 years, Morgan Stanley Direct Lending Fund's Tax Rate surged by 78000bps in 2024 and then skyrocketed by 3600bps in 2025.
  • Quarter analysis of 3 years shows Morgan Stanley Direct Lending Fund's Tax Rate stood at 5.36% in 2023, then skyrocketed by 146bps to 13.16% in 2024, then tumbled by -70bps to 3.93% in 2025.
  • Its Tax Rate stands at 3.93% for Q3 2025, versus 2.19% for Q2 2025 and 4.95% for Q1 2025.