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OCF Yield % is calculated as Cash Flow from Operations divided by Market Capitalization. It is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.
Morgan Stanley Direct Lending Fund OCF Yield % Explanation
Similar to Earnings Yield %, OCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high operating cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.
Morgan Stanley Direct Lending Fund OCF Yield % Related Terms
Morgan Stanley Direct Lending Fund OCF Yield % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Morgan Stanley Direct Lending Fund OCF Yield % Chart
For the Asset Management subindustry, Morgan Stanley Direct Lending Fund's OCF Yield %, along with its competitors' market caps and OCF Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Morgan Stanley Direct Lending Fund OCF Yield % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Morgan Stanley Direct Lending Fund's OCF Yield % distribution charts can be found below:
* The bar in red indicates where Morgan Stanley Direct Lending Fund's OCF Yield % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Morgan Stanley Direct Lending Fund (MSDL) has a OCF Yield % of 21.90 as of Aug. 21, 2026. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Morgan Stanley Direct Lending Fund and its competitors. According to the industry distribution chart, Morgan Stanley Direct Lending Fund ranks #145 out of 1509 companies in the Asset Management industry, placing it in the top 9.6%.
Is Morgan Stanley Direct Lending Fund's OCF Yield % too high?
Morgan Stanley Direct Lending Fund's current OCF Yield % is 21.90. The Asset Management industry median OCF Yield % is 2.54. Morgan Stanley Direct Lending Fund's value of 21.90 is 762.2% above this industry median. Based on the distribution chart, Morgan Stanley Direct Lending Fund ranks #145 out of 1509 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Morgan Stanley Direct Lending Fund has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Morgan Stanley Direct Lending Fund's OCF Yield % compare to JFR and HQH?
According to the Asset Management industry distribution chart, Morgan Stanley Direct Lending Fund ranks #145 out of 1509 companies for OCF Yield %. This places Morgan Stanley Direct Lending Fund in the top 10% of its industry — outperforming the majority of peers. The industry median OCF Yield % is 2.54. Morgan Stanley Direct Lending Fund's value of 21.90 is 762.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Yield % for an Asset Management company?
The median OCF Yield % among Asset Management companies is 2.54, based on 1,509 companies in the industry. Companies in the top quartile (top 25%) have a OCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, OCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Morgan Stanley Direct Lending Fund's current OCF Yield % of 21.90 is 762.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Yield % mean?
A high OCF Yield % can signal that a stock is expensive relative to its fundamentals. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Morgan Stanley Direct Lending Fund and its competitors. For the Asset Management industry, the median OCF Yield % is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morgan Stanley Direct Lending Fund's current OCF Yield % is 21.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morgan Stanley Direct Lending Fund stock overvalued right now?
Based on GuruFocus' analysis, Morgan Stanley Direct Lending Fund (MSDL) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.67, compared to a current price of $15.36 — trading 100.3% above its estimated fair value. The current OCF Yield % is 21.90 and 762.2% above the Asset Management industry median of 2.54. Morgan Stanley Direct Lending Fund's overall GF Score™ is 38/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Yield % calculated?
OCF Yield % is calculated from a company's financial statements. For Morgan Stanley Direct Lending Fund (MSDL), the current OCF Yield % is 21.90 as of Aug. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Morgan Stanley Direct Lending Fund (MSDL) Overvalued in 2026?
Based on GuruFocus' analysis, Morgan Stanley Direct Lending Fund stock appears to be overvalued.
The current stock price of $15.36 is trading 100.3% above its estimated GF Value™ of $7.67.
GuruFocus considers Morgan Stanley Direct Lending Fund to be Significantly Overvalued.
Key valuation signals for MSDL:
OCF Yield %: 21.90
GF Value™: $7.67 vs. price of $15.36 (100.3% above fair value)
Industry Position: 762.2% above the Asset Management median (#145 of 1509)
No single metric tells the full story. See the MSDL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morgan Stanley Direct Lending Fund is a fund whose investment objective is to achieve attractive risk-adjusted returns via current income and to a lesser extent, capital appreciation by investing predominantly in directly originated senior secured term loans issued by U.S. middle-market companies backed by private equity sponsors. It invests predominantly in directly originated senior secured term loans including first lien senior secured term loans including unitranche loans and second lien senior secured term loans, with the balance of the investments expected to be in higher-yielding assets such as mezzanine debt, unsecured debt, equity investments and other opportunistic asset purchases.
38GF Score
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