Morgan Stanley Direct Lending Fund Capital Returned to Shareholders History
MSDL|5 years of SEC 10-K data (FY2021-FY2025)
$226M in FY2025 with a 3-year CAGR of +38.1%.
Improved from $110M to $226M over the past 2 years.
Capital Returned to Shareholders has increased for 4 consecutive years, from $38M in FY2021 to $226M in FY2025.
Based on SEC 10-K filings.
- 3-Year CAGR
- +38.1%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Capital Returned to Shareholders Trend
Key Insights
- Morgan Stanley Direct Lending Fund's capital returned to shareholders has grown for 4 consecutive years.
- 3-year CAGR of +38.1%, indicating consistent growth.
- In FY2025, capital returned to shareholders increased 20.8% year-over-year.
- Lowest capital returned to shareholders in the period was in FY2021.
Annual Data
| Year | Capital Returned to Shareholders | YoY Growth |
|---|---|---|
| FY2025 | $226.0M | +20.8% |
| FY2024 | $187.1M | +69.4% |
| FY2023 | $110.5M | +28.9% |
| FY2022 | $85.7M | +124.4% |
| FY2021 | $38.2M | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026