Morgan Stanley Direct Lending Fund is an investment company. The Company is a non-diversified, externally managed specialty finance company focused on lending to middle-market companies. The Company’s investment objective is to achieve attractive risk-adjusted returns via current income and, to a lesser extent, capital appreciation by investing primarily in directly originated senior secured term loans issued by United States middle-market companies backed by private equity sponsors. The Company invests primarily in directly originated senior secured term loans including first lien senior secured term loans and second lien senior secured term loans. The Company’s wholly owned subsidiaries include DLF CA SPV LLC (CA SPV), DLF SPV LLC (DLF SPV), DLF Financing SPV LLC (Financing SPV) and DLF Equity Holdings LLC. The Company’s investment adviser is MS Capital Partners Adviser Inc.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 172.29% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 344.08.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 90.80%.
Undervalued
The company’s latest PB is 0.85, at a low 3-year percentile range.
Institutional Buying
The latest institutional holdings are 23.86M shares, increasing 26.91% quarter-over-quarter.
Held by Invesco
Star Investor Invesco holds 36.80K shares of this stock.