Welcome to our dedicated page for MORGAN STANLEY DIRECT LENDING SEC filings (Ticker: MSDL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Morgan Stanley Direct Lending Fund (NYSE: MSDL) SEC filings page provides direct access to the company’s regulatory disclosures as a publicly traded, externally managed Business Development Company. MSDL files annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K, along with registration statements and exhibits related to its financing activities.
In its 10-K and 10-Q filings, MSDL details its investment portfolio of senior secured and second lien loans, other debt investments and equity positions in U.S. middle-market companies. These reports include information on investments at fair value, net assets, net asset value per share, leverage, non-accrual investments and the composition of the portfolio by asset type and industry, as well as disclosures on management and incentive fees paid to its external adviser, MS Capital Partners Adviser Inc.
Form 8-K filings highlight material events such as quarterly and annual financial results, regular dividend declarations, amendments to the BNP funding facility and other credit arrangements, the pricing and issuance of senior unsecured notes, and the completion or pricing of term debt securitizations (collateralized loan obligations) through subsidiaries like North Haven Private Credit CLO 1 LLC. 8-Ks also report changes in key officers, including the Chief Executive Officer, Chief Investment Officer, Co-Presidents and Chief Compliance Officer.
MSDL’s filings further describe its status as a non-diversified, closed-end investment management company regulated as a BDC and its election to be treated as a Regulated Investment Company for tax purposes. They explain that MSDL is not a subsidiary of Morgan Stanley, is not consolidated with Morgan Stanley and that Morgan Stanley has no obligation to provide financial support to the fund.
On Stock Titan, investors can review these filings alongside AI-powered summaries that help explain complex sections, highlight key metrics and track developments in MSDL’s leverage, portfolio quality, financing structures and governance over time.
Morgan Stanley Direct Lending Fund reported a planned change in its compliance leadership. On December 22, 2025, Gauranga Pal notified the Board that he will resign as the Company’s Chief Compliance Officer, effective January 1, 2026. The Company states that his resignation is not the result of any disagreement with the Company, and he will continue to serve as an Executive Director of Morgan Stanley Investment Management.
Effective the same date, the Board appointed Hope Brown, age 52, as the new Chief Compliance Officer. She has worked in the financial industry since 1995 and currently serves as Executive Director and Chief Compliance Officer for the Calvert Funds, as well as Global Head of ESG Compliance Advisory for Morgan Stanley Investment Management. The Company notes there are no arrangements or family relationships tied to her appointment and no related-party transactions requiring disclosure.
Morgan Stanley Direct Lending Fund reported an equity transaction by its chief investment officer on a Form 4. On 11/11/2025, the officer acquired 3,000 shares of common stock, par value $0.001 per share, at a price of $16.72 per share, with the transaction coded as “P.”
After this acquisition, the reporting officer beneficially owned 3,000 shares of the fund’s common stock, held in direct ownership.
Morgan Stanley Direct Lending Fund (MSDL) reported an insider transaction by a director. The filing shows a purchase (Code P) of 600 shares of common stock at $16.405 on 11/10/2025.
Following this trade, the director’s beneficial ownership stands at 4,387 shares, held indirectly through an Individual Retirement Account.
Morgan Stanley Direct Lending Fund (MSDL) furnished a press release announcing financial results for the third quarter ended September 30, 2025, and disclosed a new stockholder distribution.
The Board declared a regular distribution of $0.50 per share on November 4, 2025, payable on or around January 23, 2026 to stockholders of record as of December 31, 2025. The earnings information and the press release (Exhibit 99.1) were furnished, not filed, under the Exchange Act.
Morgan Stanley Direct Lending Fund (MSDL) filed its quarterly report, detailing a portfolio concentrated in floating‑rate first‑lien and selected second‑lien loans benchmarked primarily to SOFR, with some tied to Prime, CORRA, EURIBOR, and SONIA.
The update lists specific positions with current interest rates and maturities. Examples include Fullsteam Operations, LLC first‑lien debt at 12.91% (S + 8.25%) maturing 11/27/2029; Runway Bidco, LLC first‑lien debt at 9.00% (S + 5.00%) due 12/17/2031; and Smarsh, Inc. first‑lien debt at 8.75% (S + 4.75%) due 2/16/2029. The portfolio also includes revolvers and delayed‑draw term loans with stated expiration dates, such as Granicus, Inc. revolver expiring 1/17/2031 and Vessco Midco Holdings, LLC revolver expiring 07/24/2031.
Director purchase recorded on Form 4: The filing shows Joan Binstock, a director of Morgan Stanley Direct Lending Fund (MSDL), as grantor and trustee of the Joan A Binstock Revocable Trust, purchased 9,030 shares of the issuer's common stock on 10/06/2025 at a price of $16.6367 per share. After the transaction the trust beneficially owned 50,042 shares indirecty. The filing is signed via power of attorney on 10/08/2025.
Morgan Stanley Direct Lending Fund announced plans to share its financial results for the third quarter ended September 30, 2025. The company will release these results on Thursday, November 6, 2025, after the market closes. It will then host an earnings conference call on Friday, November 7, 2025, at 10:00 a.m. Eastern Time to discuss the quarter in more detail. This update is provided as a Regulation FD disclosure and is accompanied by a press release filed as an exhibit.
Morgan Stanley Direct Lending Fund (MSDL) filed an 8-K reporting Amendment No. 6 to a Revolving Credit and Security Agreement dated September 24, 2025. The amendment names DLF LLC as borrower, Morgan Stanley Direct Lending Fund as equityholder and servicer, the lenders party to the agreement, U.S. Bank Trust Company, National Association as collateral agent, and BNP Paribas as administrative agent. The cover page inline XBRL is embedded and the filing bears the signature of David Pessah, Chief Financial Officer dated September 29, 2025. The filing text supplied is limited to the amendment cover information and signatures.
Form 144 notice for proposed sale of common stock. The filing reports an intent to sell 48,599 shares of common stock through Morgan Stanley Smith Barney LLC with an aggregate market value of $811,554.70. The filer acquired these shares on 02/05/2020 in a private acquisition from the issuer as payment for services rendered. The issuer has 86,835,012 shares outstanding. The approximate sale date is listed as 09/29/2025, and the securities exchange is the NYSE. The filer indicates there were no securities sold by the person in the past three months and includes the standard representation that they are not aware of undisclosed material adverse information about the issuer.
The registrant completed a $401.2 million term debt securitization (a collateralized loan obligation) through a newly formed issuer, selling a diversified portfolio of senior secured and second‑lien loans to that issuer while retaining all of the Subordinated Notes. BNP Paribas Securities Corp. and Morgan Stanley & Co. LLC agreed to purchase certain notes under a Purchase and Placement Agreement. The issuer may reinvest principal collections to buy replacement collateral under the collateral manager's direction through October 20, 2029, preserving initial leverage. Secured notes and loans mature on October 20, 2037; subordinated notes mature in October 2125. The secured notes are unregistered and subject to transfer restrictions. The company made customary representations and sold ownership interests to the issuer under a Master Loan Sale Agreement.