MetaCap

DoubleLine Income Solutions Fund (DSL) vs Morgan Stanley Direct Lending Fund (MSDL)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Morgan Stanley Direct Lending Fund is the larger company by market cap ($1.14 billion vs $1.13 billion), about 1.0 times the size. On valuation, Morgan Stanley Direct Lending Fund trades at a lower trailing P/E (19.7x vs 30.9x for DoubleLine Income Solutions Fund). Morgan Stanley Direct Lending Fund pays a dividend yielding 14.00%, while DoubleLine Income Solutions Fund does not currently pay one.

Summary generated from market data by MetaCap's automated system. Methodology

Head-to-head

DSL versus MSDL key metrics
MetricDSLMSDL
Share price$9.90$13.57
Market cap$1.13B$1.14B
1-day change+1.02%+1.80%
YTD return-13.04%—
1-year return-19.87%—
5-year return-44.79%—
P/E ratio (TTM)30.9419.67
Forward P/E—7.53
EPS (TTM)$0.32$0.69
Dividend yield13.47%14.00%
Annual dividend$0.00$1.90
52-week high$12.34$17.91
52-week low$9.73$13.23
Distance from 52-week high-19.77%-24.23%
Analyst consensus—none
Avg. price target upside—+15.03%
Average volume639.85K453.64K
Shares outstanding114.57M84.11M
SectorFinanceFinancial Services
IndustryTrusts Except Educational Religious and CharitableAsset Management

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • DoubleLine Income Solutions Fund trades at a higher earnings multiple (30.9x vs 19.7x trailing P/E).
  • The two companies sit in different sectors: DoubleLine Income Solutions Fund in Finance and Morgan Stanley Direct Lending Fund in Financial Services.

About DoubleLine Income Solutions Fund

DSL stock →

DoubleLine Funds - DoubleLine Income Solutions Fund is a closed end fixed income mutual fund launched and managed by DoubleLine Capital LP. The fund invests in fixed income markets across the globe.

Finance · Trusts Except Educational Religious and Charitable

About Morgan Stanley Direct Lending Fund

MSDL stock →

Morgan Stanley Direct Lending Fund is a business development company. It is a Private Debt fund.

Financial Services · Asset Management

DSL vs MSDL FAQ

Which is bigger, DoubleLine Income Solutions Fund or Morgan Stanley Direct Lending Fund?

Morgan Stanley Direct Lending Fund (MSDL) is larger, with a market capitalization of $1.14B compared with $1.13B for DoubleLine Income Solutions Fund (DSL).

Which has the lower P/E ratio, DSL or MSDL?

MSDL has the lower trailing P/E at 19.7, versus 30.9 for DSL. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, DoubleLine Income Solutions Fund or Morgan Stanley Direct Lending Fund?

Morgan Stanley Direct Lending Fund has the higher yield at 14.00%, compared with 13.47% for DoubleLine Income Solutions Fund.

Are DoubleLine Income Solutions Fund and Morgan Stanley Direct Lending Fund in the same industry?

No. DoubleLine Income Solutions Fund is in the Finance sector, while Morgan Stanley Direct Lending Fund is in Financial Services.

More comparisons