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Morgan Stanley Direct Lending Fund Announces Fee Reductions and Q3 Results

The Motley Fool +1 · ·by G4L

MSDL
MSDL Morgan Stanley Direct Lending Fund
$14.00 +0.29%
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  1. 1The Morgan Stanley Direct Lending Fund recorded a net investment income of $0.48 per share in the third quarter.
  2. 2The fund decided to reduce the management fee on MSDL assets by 75bp and the MSDL incentive fee by 15%, effective January 1, 2027.
  3. 3The Morgan Stanley Direct Lending Fund declared a regular dividend of $0.45 for the fourth quarter.

So what's the key point?

The Morgan Stanley Direct Lending Fund earned $0.48 per share in the third quarter. It also decided to lower its management and incentive fees starting in 2027.

Source The Motley Fool +1 · View original ↗

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