Morgan Stanley Direct Len... (MSDL)

NEW YORK--(BUSINESS WIRE)--Morgan Stanley Direct Lending Fund (NYSE: MSDL) ("MSDL”), a business development company externally managed by MS Capital Partners Adviser Inc., today announced it will rele...

The BDC sector has been hammered. The discounts have become deep almost across the board. The question is whether to enter now, or is the risk still too high that it will end up being a 'catching a fa...

MSDL has seen its stock price decline ~20% YTD, creating a significant valuation gap versus peer BXSL. Morgan Stanley Direct Lending now trades at ~0.8x NAV compared to BXSL's 1.0x, making the current...

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Since May 2025, I have been bearish on the Morgan Stanley Direct Lending Fund. My concern was that MSDL's price-to-NAV aligned valuation did not factor in the forthcoming pressures from base rate cuts...

Blackstone Secured Lending and Morgan Stanley Direct Lending are high-quality BDCs facing potential dividend cuts due to falling coverage ratios. BXSL's fundamentals remain strong, but tight dividend ...

The current economic environment is marked by persistent inflation and a weakening labor market, raising uncertainty and risk for investors. Despite these risks, large-cap equities, tech stocks, and h...

14 BDCs have base dividend coverage levels between 100% and 105%. 16 BDCs have them already below 100%. Given the unfavorable future earnings outlook, a system-wide BDC dividend cutting process is ver...

Interest rates are one of the most important drivers of asset valuations, directly impacting discount rates and valuations. So, as the Fed lowers rates, yield compression occurs, making it harder to f...

BDCs have outperformed over the past half-decade. However, macro and sector conditions are shifting rapidly. This could be the toughest environment BDCs have faced in years.