The Tip Desk

Morgan Stanley Direct Lending Fund

Financial highlights

Amounts in billions
MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Net income$0.1$0.2$0.2$<0.1$0.1
Balance Sheet
Total debt$2.1$2.0$1.5$1.5—
Cash Flow Statement
Dividends$0.2$0.2$0.1$0.1$<0.1
Share repurchases$<0.1$<0.1$0.0$0.0—

Shares outstanding 84.8M · Free float 88.2%

Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.

Coverage