Morgan Stanley Direct Lending Fund

Retiring on dividend cash flow offers predictable income and long-term growth, making it ideal for offsetting inflation and market volatility risks. I share the key principles for building a low-stress, high-yield portfolio for retirement. I share a model portfolio with numerous picks that combine for a ~7% yield and the potential to deliver inflation-beating dividend growth.» Mehr auf seekingalpha.com

MSDL boasts a highly diversified, low-risk portfolio with over 210 loans, minimal concentration risk, and 96% first-lien investments, ensuring portfolio resilience. The company consistently generates strong investment income, supporting a sustainable 10% dividend yield with potential for supplemental distributions. Risks include MSDL's short public track record and sensitivity to falling interest rates, which could reduce payouts by up to 25%.» Mehr auf seekingalpha.com

Morgan Stanley Direct Lending Fund's total return has been flat since IPO, despite dividends being paid as expected. MSDL's share price weakness has occurred due to the shift from premium to discount-to-NAV, driven by insider selling and sector repricing. Current P/NAV of 0.96x offers neither strong upside nor downside for share price return movement.» Mehr auf seekingalpha.com