MSDL · Business Development Company
Morgan Stanley Direct Lending Fund
Private credit portfolio and Schedule of Investments data from SEC EDGAR filings.
732
Portfolio Holdings
$4.1B
Total Fair Value
Filing Information
Top Portfolio Holdings
| Company | Sector | Investment | Coupon | Maturity | Cost | Fair Value |
|---|---|---|---|---|---|---|
| Archduke Buyer, Inc. | First Lien Debt | 9.27% | 12/03/2032 | $3,739 | $3,739 | |
| Banyan Software Holdings, LLC | First Lien Debt | 9.22% | 01/02/2031 | $11,978 | $12,083 | |
| E-Discovery AcquireCo, LLC | First Lien Debt | 10.07% | 08/29/2029 | $19,188 | $19,493 | |
| Emburse, Inc. | First Lien Debt | 7.92% | 05/28/2032 | $3,676 | $3,675 | |
| Espresso Bidco, Inc. | First Lien Debt | 9.42% | 03/25/2032 | $18,051 | $18,022 | |
| Everbridge Holdings, LLC | First Lien Debt | 8.98% | 07/02/2031 | $31,676 | $31,809 | |
| Firebird Acquisition Corp, Inc. | First Lien Debt | 8.84% | 02/02/2032 | $5,732 | $5,757 | |
| Formstack Acquisition Co | First Lien Debt | 9.58% | 3/28/2030 | $10,749 | $10,828 | |
| Formstack Acquisition, Co. | First Lien Debt | 9.17% | 03/28/2030 | $10,691 | $10,738 | |
| Fullsteam Operations, LLC | First Lien Debt | 9.12% | 08/08/2031 | $16,801 | $16,784 | |
| GS AcquisitionCo, Inc. | First Lien Debt | 8.92% | 05/25/2028 | $59,177 | $59,417 | |
| Granicus, Inc. | First Lien Debt | 9.34% | 01/17/2031 | $12,946 | $13,042 | |
| Help/Systems Holdings, Inc. | Second Lien Debt | 12.81% | 05/21/2029 | $17,806 | $15,224 | |
| Hootsuite, Inc. | First Lien Debt | 9.23% | 05/22/2030 | $21,902 | $21,885 | |
| IQN Holding Corp. | First Lien Debt | 9.42% | 05/02/2029 | $5,628 | $5,658 | |
| Icefall Parent, Inc. | First Lien Debt | 8.17% | 01/25/2030 | $5,079 | $5,156 | |
| Iris Specialty Acquisiton, LLC | First Lien Debt | 8.17% | 11/22/2032 | $7,330 | $7,330 | |
| Kaseya, Inc. | First Lien Debt | 10.09% | 6/25/2029 | $14,180 | $14,329 | |
| Kodiak Buyer, LLC | First Lien Debt | 8.17% | 07/26/2032 | $1,520 | $1,534 | |
| LHS Borrower, LLC | First Lien Debt | 8.97% | 09/04/2031 | $6,874 | $6,869 | |
| LUV Car Wash Group, LLC | First Lien Debt | 11.74% | 12/9/2026 | $882 | $887 | |
| LegitScript, LLC | First Lien Debt | 9.47% | 06/24/2029 | $25,731 | $26,031 | |
| Lightspeed Solution, LLC | First Lien Debt | 9.72% | 03/01/2028 | $9,206 | $9,220 | |
| LogRhythm, Inc. | First Lien Debt | 11.34% | 07/02/2029 | $8,884 | $8,727 | |
| Magnolia Wash Holdings | First Lien Debt | 11.36% | 7/14/2028 | $3,219 | $2,959 |
About Morgan Stanley Direct Lending Fund
Morgan Stanley Direct Lending Fund (MSDL) is a publicly traded Business Development Company (BDC) — essentially a publicly listed fund that lends money to mid-sized private companies. In plain English: BDCs raise money from public investors and lend it to businesses that are too small for Wall Street banks. By law, they must pay out at least 90% of their profits as dividends, which is why BDC yields are often 8–12%. Morgan Stanley Direct Lending Fund discloses its full loan portfolio through SEC filings.