Morgan Stanley Direct Lending: Fat Dividend Yield And Large Discount To NAV

Morgan Stanley Direct Lending trades at a 22% discount to NAV and is paying out an 11.7% dividend yield that's fully covered by NII. MSDL faces negative net fundings, yield compression, and a shrinking portfolio, raising the risk of further dividend cuts. Short interest in MSDL has reached record highs amid negative sentiment and large redemption requests from private credit funds.

Seeking Alpha • Jun 17, 2026

Retire On Dividends: My Near-Perfect REIT, BDC, And MLP Trio

REITs, BDCs, and MLPs are structured to be powerful income machines. I detail a REIT, BDC, and MLP that I think are ideal for retiring on dividends. I also share some risk factors to keep in mind for each of them.

Seeking Alpha • Jun 8, 2026

The High-Yield Stocks the Smart Money Is Buying Right Now

There is a principle I have followed for 30 years in this business. When the smartest credit team on the planet starts aggressively buying a beaten-down asset class they understand better than anyone alive, you do not sit on your hands and debate whether the timing is perfect.

Benzinga • May 24, 2026

Morgan Stanley Direct Lending Fund Q1 Earnings Call Highlights

Morgan Stanley Direct Lending Fund NYSE: MSDL reported lower first-quarter net investment income as recent Federal Reserve rate cuts flowed through its floating-rate portfolio, but management said credit performance remained stable and lender economics are beginning to improve.

MarketBeat • May 12, 2026

Morgan Stanley Direct Lending: Don't Be Fooled By The Discount

Morgan Stanley Direct Lending Fund maintains a sell rating due to ongoing NAV decline and insufficient earnings growth. MSDL trades at a 21.86% discount to NAV, reflecting persistent portfolio challenges and underperformance versus the BDC sector. Heavy software exposure and rising non-accruals heighten downside risk, especially if interest rates remain elevated through 2026.

Seeking Alpha • May 12, 2026

Morgan Stanley Direct Lending Fund (MSDL) Q1 2026 Earnings Call Transcript

Morgan Stanley Direct Lending Fund (MSDL) Q1 2026 Earnings Call Transcript

Seeking Alpha • May 8, 2026

The Most Undervalued Stocks I Am Buying Right Now

The S&P 500 looks historically expensive even as risks keep rising. BDCs are priced for severe AI-driven credit losses. Asset managers are also selling off despite limited real exposure.

Seeking Alpha • May 8, 2026

Morgan Stanley Direct Lending Fund Announces March 31, 2026 Financial Results and Declares Second Quarter 2026 Regular Dividend of $0.45 per Share

NEW YORK--(BUSINESS WIRE)--Morgan Stanley Direct Lending Fund (NYSE: MSDL) (“MSDL” or the “Company”), a business development company externally managed by MS Capital Partners Adviser Inc. (the “Adviser”), today announced its financial results for the first quarter ended March 31, 2026. QUARTERLY HIGHLIGHTS Net investment income of $40.5 million, or $0.47 per share, as compared to $42.4 million, or $0.49 per share, for the quarter ended December 31, 2025; Net asset value of $19.81 per share, as.

Business Wire • May 7, 2026

Morgan Stanley Direct Lending Fund (MSDL) Q1 Earnings and Revenues Surpass Estimates

Morgan Stanley Direct Lending Fund (MSDL) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.52 per share a year ago.

Zacks Investment Research • May 8, 2026

6 April Raises With 1 High Yield Giving 20% And 1 Cut

The Rose Income Garden (RIG) portfolio, with 73 dividend-paying holdings, yields 6% and is up 8.21% YTD, outperforming SPY. I view KO, WPC, and XEL as quality income holdings but consider KO and WPC overvalued, maintaining them as holds, while XEL is a buy on dips. GPC and KMB are undervalued with attractive yields; I have added to both, expecting future capital gains and reliable dividends.

Seeking Alpha • May 3, 2026