Morgan Stanley Direct Lending Fund Net Asset Quality Index
Morgan Stanley Direct Lending Fund net asset quality index. Morgan Stanley Direct Lending Fund (MSDL) has a Net Asset Quality Index of 44.2% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $3.82 Billion minus total liabilities of $2.13 Billion yields net assets of $1.69 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See MSDL book value for net asset value and shareholders' equity analysis.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Morgan Stanley Direct Lending Fund (2019–2025)
Net asset quality index of Morgan Stanley Direct Lending Fund from 2019 to 2025. This chart shows how Morgan Stanley Direct Lending Fund's Net Asset Quality Index has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the index stands at 44.2%, representing net assets of $1.69 Billion against total assets of $3.82 Billion USD. Check Morgan Stanley Direct Lending Fund strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Morgan Stanley Direct Lending Fund Net Asset Quality Index by Year (2019–2025)
Morgan Stanley Direct Lending Fund net asset quality index by year from 2019 to 2025. The table below presents the year-by-year Net Asset Quality Index for Morgan Stanley Direct Lending Fund from 2019 to 2025, covering 7 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see market cap of Morgan Stanley Direct Lending Fund.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 44.6% | $1.75 Billion | $3.92 Billion | $2.17 Billion | ▼ -2.5 pp |
| 2024 | 47.1% | $1.84 Billion | $3.91 Billion | $2.07 Billion | ▼ -5.0 pp |
| 2023 | 52.0% | $1.72 Billion | $3.31 Billion | $1.59 Billion | ▲ +5.3 pp |
| 2022 | 46.8% | $1.40 Billion | $2.99 Billion | $1.59 Billion | ▼ -0.9 pp |
| 2021 | 47.7% | $1.19 Billion | $2.49 Billion | $1.30 Billion | ▲ +1.7 pp |
| 2020 | 45.9% | $301.62 Million | $656.81 Million | $355.19 Million | ▲ +122.5 pp |
| 2019 | -76.5% | $-1.12 Million | $1.46 Million | $2.59 Million | — |