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Upturn AI SWOT - About
Morgan Stanley Direct Lending Fund (MSDL)
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Upturn Advisory Summary
06/30/2025: MSDL (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
6 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $19.9
1 Year Target Price $19.9
| 0 | Strong Buy |
| 1 | Buy |
| 5 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 3.94% | Avg. Invested days 79 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  5.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.67B USD | Price to earnings Ratio 8.82 | 1Y Target Price 19.9 |
Price to earnings Ratio 8.82 | 1Y Target Price 19.9 | ||
Volume (30-day avg) 6 | Beta - | 52 Weeks Range 17.13 - 21.22 | Updated Date 06/30/2025 |
52 Weeks Range 17.13 - 21.22 | Updated Date 06/30/2025 | ||
Dividends yield (FY) 10.41% | Basic EPS (TTM) 2.18 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) - | Return on Equity (TTM) - |
Valuation
Trailing PE 8.82 | Forward PE 9.29 | Enterprise Value - | Price to Sales(TTM) 8.92 |
Enterprise Value - | Price to Sales(TTM) 8.92 | ||
Enterprise Value to Revenue 19.23 | Enterprise Value to EBITDA - | Shares Outstanding 87146304 | Shares Floating - |
Shares Outstanding 87146304 | Shares Floating - | ||
Percent Insiders 0.21 | Percent Institutions 25.59 |
Analyst Ratings
Rating 3 | Target Price 19.9 | Buy 1 | Strong Buy - |
Buy 1 | Strong Buy - | ||
Hold 5 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Morgan Stanley Direct Lending Fund
Company Overview
History and Background
Morgan Stanley Direct Lending Fund (MSDL) is a non-diversified, closed-end management investment company. It focuses on providing direct lending solutions to middle-market companies. It leverages Morgan Stanley's global platform and resources.
Core Business Areas
- Direct Lending: Primarily focuses on originating and investing in first lien senior secured loans to middle-market companies.
- Opportunistic Investments: May selectively pursue opportunistic investments in other parts of the capital structure.
Leadership and Structure
The fund is managed by Morgan Stanley Investment Management. Details on the specific leadership team overseeing the fund's direct lending activities would require further research, but it operates under the umbrella of Morgan Stanley's established leadership structure.
Top Products and Market Share
Key Offerings
- First Lien Senior Secured Loans: These loans are typically made to middle-market companies and are secured by the borrower's assets. Market share data specific to MSDL's share within this segment is not readily available. Competitors include Ares Capital Corporation (ARCC), Owl Rock Capital Corporation (ORCC) and other BDCs.
Market Dynamics
Industry Overview
The direct lending market is characterized by providing debt financing to companies underserved by traditional banks, particularly in the middle market. Growth is driven by increasing private equity activity and regulatory constraints on banks.
Positioning
MSDL leverages Morgan Stanley's brand and resources to compete in the direct lending space. Competitive advantages include access to deal flow and expertise in credit analysis.
Total Addressable Market (TAM)
The total addressable market for private credit is estimated to be in the trillions of dollars. MSDL is positioned to capture a portion of this TAM by focusing on middle-market lending. Data on precise figures requires further market research.
Upturn SWOT Analysis
Strengths
- Strong brand reputation of Morgan Stanley
- Access to deal flow through Morgan Stanley's network
- Experienced investment management team
- Disciplined credit underwriting process
Weaknesses
- Reliance on middle-market borrowers
- Exposure to credit risk in illiquid investments
- Potential for conflicts of interest within Morgan Stanley
- Sensitivity to interest rate fluctuations
Opportunities
- Growing demand for direct lending solutions
- Increasing private equity activity driving deal flow
- Expansion into new geographic markets
- Development of new lending products
Threats
- Increased competition from other direct lenders
- Economic downturn impacting borrower credit quality
- Regulatory changes affecting the direct lending market
- Rising interest rates increasing borrowing costs
Competitors and Market Share
Key Competitors
- ARCC
- ORCC
- BXSL
Competitive Landscape
MSDL benefits from Morgan Stanley's brand and resources but faces competition from larger, established BDCs. Its advantages include access to deal flow, while disadvantages may include a smaller asset base relative to some competitors.
Growth Trajectory and Initiatives
Historical Growth: Historical growth is dependent on deployment of capital, origination volume, and investment performance.
Future Projections: Future projections are reliant on capital deployment and economic conditions.
Recent Initiatives: Recent initiatives are reliant on capital deployment and economic conditions. This would require reviewing recent company announcements and reports.
Summary
Morgan Stanley Direct Lending Fund benefits from the strength of its parent company's brand but operates in a competitive landscape. It is reliant on the quality of its loan origination and credit underwriting. Economic conditions will significantly impact its performance. The fund must continue to access opportunities to deploy capital and find stable sources of income.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings, market reports, financial news sources
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market share data is estimated and may not be precise. Past performance is not indicative of future results.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Morgan Stanley Direct Lending Fund
Exchange NYSE | Headquaters New York, NY, United States | ||
IPO Launch date 2024-01-24 | CEO & Director Mr. Jeffrey S. Levin | ||
Sector Financial Services | Industry Asset Management | Full time employees - | Website |
Full time employees - | Website | ||
Morgan Stanley Direct Lending Fund is a business development company. The fund chiefly invests in riskier bonds, issued by middle-market companies or by private equity firms looking to finance their acquisitions.
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