Performance analysis of Morgan Stanley Direct Lending Fund (MSDL)
Annual Return
Since Jan 24, 2024, MSDL has had an average annual return of -0.76%, underperforming the benchmark SPY, which returned +20.41% annual.
| 2026 | 2025 | 2024 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.93% | -10.81% | +11.06% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.71% | -8.64% | -2.63% | +11.10% | -0.58% | +0.97% | +1.59% | -0.93% | |||||
| 2025 | +1.69% | -3.67% | +1.08% | -2.40% | +1.38% | -2.68% | -0.10% | -3.10% | -8.50% | +5.41% | +2.01% | -1.79% | -10.81% |
| 2024 | -0.82% | -4.10% | +12.25% | -0.23% | +7.67% | -3.45% | -6.64% | +1.79% | -1.83% | +0.50% | +7.89% | -0.84% | +11.06% |
Drawdown analysis of Morgan Stanley Direct Lending Fund (MSDL)
The maximum drawdown for the MSDL was -29.56%, occurring on Mar 27, 2026. This drawdown has not yet recovered.
The current MSDL drawdown is -17.91%.
Since Jan 24, 2024 MSDL has experienced the following drawdowns:
- 20% or more: 1 time
- 10% or more: 1 time
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -29.56% | Jun 21, 2024 | 442 | Mar 27, 2026 | Ongoing | Ongoing | Ongoing |
| -6.14% | May 9, 2024 | 11 | May 24, 2024 | 18 | Jun 21, 2024 | 29 |
| -6.08% | Mar 27, 2024 | 12 | Apr 15, 2024 | 15 | May 6, 2024 | 27 |
| -4.94% | Jan 25, 2024 | 24 | Feb 29, 2024 | 10 | Mar 14, 2024 | 34 |
| -4.14% | Mar 20, 2024 | 1 | Mar 21, 2024 | 1 | Mar 22, 2024 | 2 |
| -2.76% | Mar 22, 2024 | 1 | Mar 25, 2024 | 1 | Mar 26, 2024 | 2 |
| -2.37% | May 6, 2024 | 1 | May 7, 2024 | 1 | May 8, 2024 | 2 |
| -1.62% | Mar 15, 2024 | 2 | Mar 19, 2024 | 1 | Mar 20, 2024 | 3 |