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Director Kevin Shannon of Morgan Stanley (NYSE:MS) Direct Lending Fund (EXCHANGE:MSDL) purchased 5,000 shares of common stock on August 14, 2025, at a price of $17.7, for a total transaction value of $88,500. The purchase comes as the $1.57B market cap company trades near its 52-week low of $17.37, while offering an attractive 11.8% dividend yield. InvestingPro analysis indicates the stock is currently in oversold territory.
Following the transaction, Mr. Shannon directly owns 29,079 shares of Morgan Stanley Direct Lending Fund. He also indirectly owns 5,846.8891 shares through the Kevin F Shannon Irrevocable Trust, 2,359.271 shares through the Joanne F Shannon Qualified Personal Residence Trust and 2,051.54 shares through the Kevin Shannon Directed IRA. For deeper insights into MSDL’s valuation and 5 additional exclusive ProTips, visit InvestingPro, where you’ll find comprehensive analysis and the detailed Pro Research Report.
In other recent news, Morgan Stanley Direct Lending Fund has announced the redemption of $275 million in senior notes. These notes were part of the 7.55% Series A Senior Notes due 2025, and the redemption was executed at their full principal value. The company also settled any accrued and unpaid interest up to the redemption date. This transaction was conducted in line with the Master Note Purchase Agreement established in September 2022. The redemption details were filed with the Securities and Exchange Commission, ensuring transparency and compliance with regulatory standards. Investors and stakeholders may view this as a significant financial maneuver by Morgan Stanley Direct Lending Fund. The move aligns with the company’s strategic financial management practices. These recent developments highlight Morgan Stanley Direct Lending Fund’s active engagement in managing its financial obligations.
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