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Morgan Stanley Direct Lending Fund (MSDL) investor relations material
Morgan Stanley Direct Lending Fund AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
Meeting called to order by the CEO, welcoming stockholders and acknowledging proxy submissions.
Attendance of officers and directors noted; Inspector of Election appointed.
Meeting confirmed as duly convened with a quorum present.
Board and executive committee updates
Election of two directors, David N. Miller and Kevin Shannon, for three-year terms was on the agenda.
Corporate governance
Inspector's Oath and Affidavits of Distribution filed with meeting minutes.
List of stockholders entitled to vote prepared in accordance with Delaware law.
- Net investment income fell to $46.2M, NAV per share at $20.65, and dividend set at $0.50.MSDL
Q1 202515 May 2026 - Q4 2025 net investment income was $0.49 per share, with a new JV and $100M buyback plan.MSDL
Q4 202515 May 2026 - Q2 2025 saw $0.50 NII/share, $20.59 NAV/share, and enhanced capital structure via CLO and notes.MSDL
Q2 202515 May 2026 - Q3 2025 net investment income steady at $0.50/share; inaugural CLO closed; strong liquidity.MSDL
Q3 202515 May 2026 - Q4 2024 saw lower earnings but stable NAV, strong liquidity, and a defensive portfolio mix.MSDL
Q4 202415 May 2026 - Net investment income fell to $40.5M, NAV per share dropped, and a $0.45 dividend was declared.MSDL
Q1 202614 May 2026 - Q2 2024 net investment income was $56.1M, NAV/share rose to $20.83, and a $0.50 dividend was declared.MSDL
Q2 20245 May 2026 - Net investment income rose to $58.7M ($0.66/share), with NAV steady at $20.83 and strong new investments.MSDL
Q3 20245 May 2026 - Special Meeting adjourned to March 28, 2025; urgent shareholder voting is needed.MSDL
Proxy filing5 May 2026
Next Morgan Stanley Direct Lending Fund earnings date
Next Morgan Stanley Direct Lending Fund earnings date
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