Morgan Stanley Direct Lending Fund
Morgan Stanley Direct Lending Fund (MSDL) Shares Outstanding — Overview
Basic and diluted weighted average shares, YoY change, float context, and historical trend from SEC filings and FMP.
MSDL · shares outstanding · updated Jun 8, 2026
Key metrics
as of Dec 31, 2025Shares Outstanding Growth Rate
CAGR · weighted avg basic sharesNegative CAGR typically indicates share buyback or retirement activity. Interpret alongside Splits and Financials tabs. Splits / Financials
Shares outstanding history
Annual shares outstanding by year
Financial Services sector shares outstanding comparison
Shares Outstanding for similar companies or competitors in the Financial Services sector.
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JPM
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Understanding Shares Outstanding
Basic · Diluted · FloatWhat Are Shares Outstanding? (Basic)
Morgan Stanley Direct Lending Fund (MSDL) shares outstanding is the total number of issued shares held by shareholders — the basis for Basic EPS and market capitalization. As of December 31, 2025, Morgan Stanley Direct Lending Fund reports 87.3M basic shares outstanding (weighted average).
Basic vs. Diluted Shares Outstanding
Morgan Stanley Direct Lending Fund's basic shares outstanding (87.3M) represents currently issued shares. Diluted shares outstanding (87.3M) also includes potential shares from stock options, RSUs, and convertibles. Dilution spread: +0.00%.
Shares Outstanding vs. Float (Free Float)
Morgan Stanley Direct Lending Fund's float is 84.1M (99.2% of total shares outstanding) — shares freely available for public trading, excluding insider-held and restricted shares.
ⓘ Float data from /shares-float reflects the most recent SEC filing period-end. The weighted average shares (from /income-statement) may differ — this is a normal reporting window difference, not a data error.
FMP /income-statement · /shares-float · SEC EDGAR · USD
About shares outstanding & methodology
Morgan Stanley Direct Lending Fund (MSDL) shares outstanding history from 2019 to 2025. Shares outstanding can be defined as the total number of shares held by all shareholders — including institutional investors, retail investors, and company insiders — assuming conversion of all convertible debt, securities, warrants, and options. This metric excludes the company's treasury shares.
Morgan Stanley Direct Lending Fund shares outstanding for the fiscal year ending December 31, 2025 were 87.3M, a 2.23% decline year-over-year. Morgan Stanley Direct Lending Fund FY 2025 shares outstanding were 87.3M, a -2.23% decline from FY 2024.
Morgan Stanley Direct Lending Fund is a leading company operating in the Financial Services sector. The company's share count trajectory — with a 10-year CAGR of — — is a key signal for investors evaluating capital return policy, EPS accretion, and long-term shareholder value creation.
Frequently asked questions
MSDL shares outstanding · 4 questionsAs of December 31, 2025, Morgan Stanley Direct Lending Fund (MSDL) has approximately 87.3M basic shares outstanding and 87.3M diluted shares outstanding. This represents a -2.23% year-over-year change from FY 2024 (89.3M). Morgan Stanley Direct Lending Fund's declining share count is primarily driven by its share buyback program. For the complete historical data table, see the history table above.
▸ Data: FMP /income-statement · /shares-float · SEC EDGAR · weighted average basis · Morgan Stanley Direct Lending Fund SEC 10-K & 10-Q filings · US GAAP · Last updated: 2026-06-08