Business development company. BDCs are listed separately from traditional closed-end funds and are excluded from CEF rankings; NAV is reported quarterly, not daily.
Morgan Stanley Direct Lending Fund
Sponsor: Morgan Stanley · Inception Jan 24, 2024 · Pays quarterly
Market priceShare price
$13.96
+2.50% (+$0.34)
NAVAsset value per share
$18.76
as of Sep 30, 2026 · SEC filing
Premium / discountPrice vs. assets
25.59% discount *
Indicative: latest price vs latest reported NAV
Distribution rate (price)Payout rate
12.89%
regular, annualised · on NAV 9.59%
Expense ratioAnnual cost
Not reported
no tagged fee table
LeverageBorrowing
Not reported
senior securities not tagged
Quote status: Market closed — last regular-session price · last trade Nov 9, 2026, 4:00 PM EST (exchange time, ET) · retrieved Nov 9, 2026, 9:41 PM ESTRegular-session prices; extended-hours quotes are not displayed.
No N-PORT holdings have been loaded for this fund (BDCs do not file N-PORT; see their 10-K/10-Q schedule of investments on the Documents tab). Holdings are loaded from SEC Form N-PORT filings, which are public with a ~60-day lag after each quarter end.
Closed End Fund Explorer research page for Morgan Stanley Direct Lending Fund. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.