Morgan Stanley director Metz buys $499k in MSDL

Published 14/08/2025, 22:28
Morgan Stanley director Metz buys $499k in MSDL

Director Adam Metz acquired 28,248 shares of Morgan Stanley Direct Lending Fund (NASDAQ:MSDL) common stock on August 13, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were purchased at a price of $17.6693, totaling approximately $499,122. The purchase comes as MSDL trades near its 52-week low of $17.37, with the stock currently offering an attractive dividend yield of 11.83%. According to InvestingPro, the stock generally trades with low price volatility, making it an interesting consideration for income-focused investors.

Following the transaction, Metz directly owns 48,505.553 shares.

The purchase was made indirectly through Metz Investments LP, where Mr. Metz is a partner. Additionally, Mr. Metz is the settlor and trustee of the Adam Metz 2006 Trust, which owns shares of Morgan Stanley Direct Lending Fund. Mr. Metz disclaims beneficial ownership of shares of common stock held by the Adam Metz 2006 Trust, except to the extent of his pecuniary interest therein.

The filing was signed on behalf of Adam Metz by Orit Mizrachi, by power of attorney, on August 14, 2025.

In other recent news, Morgan Stanley Direct Lending Fund has redeemed $275 million in senior notes. The redemption involved the 7.55% Series A Senior Notes due in 2025, as detailed in a document filed with the Securities and Exchange Commission. These notes were issued under a Master Note Purchase Agreement dated September 13, 2022. The redemption was executed at their full principal value, along with accrued and unpaid interest up to the redemption date. This action aligns with the terms agreed upon with the noteholders. The move reflects Morgan Stanley Direct Lending Fund’s adherence to its financial commitments. These developments are part of the company’s ongoing financial activities.

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