MetaCap

Morgan Stanley Direct Lending Fund (MSDL) vs Blackrock MuniHoldings New Jersey Quality Fund (MUJ)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 11, 2026.

Summary

On valuation, Blackrock MuniHoldings New Jersey Quality Fund trades at a lower trailing P/E (11.4x vs 19.4x for Morgan Stanley Direct Lending Fund). Morgan Stanley Direct Lending Fund offers the higher dividend yield (14.20% vs 5.75%).

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

Relative performance

MSDL-12.03%MUJ-9.19%
+4%-4%-13%
Jul 9, 20261 yearOct 9, 2026
MSDL-14.07%MUJ-8.97%
+1%-7%-15%
Jul 6, 20265 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

MSDL versus MUJ key metrics
MetricMSDLMUJ
Share price$13.38$11.26
Market cap$1.13B—
1-day change-1.40%+1.26%
YTD return—-5.38%
1-year return—-3.35%
5-year return—-27.40%
P/E ratio (TTM)19.3911.37
Forward P/E7.43—
EPS (TTM)$0.69$0.99
Dividend yield14.20%5.75%
Annual dividend$1.90$0.648
Net income (latest FY)$122.09M—
52-week high$17.91$12.68
52-week low$13.23$11.01
Distance from 52-week high-25.29%-11.20%
Analyst consensusnonenone
Avg. price target upside+16.67%—
Average volume455.82K113.26K
Shares outstanding84.11M—
SectorFinancial ServicesFinance
IndustryAsset ManagementInvestment Bankers/Brokers/Service

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

  • Morgan Stanley Direct Lending Fund trades at a higher earnings multiple (19.4x vs 11.4x trailing P/E).
  • Morgan Stanley Direct Lending Fund offers a meaningfully higher dividend yield (14.20% vs 5.75%).
  • The two companies sit in different sectors: Morgan Stanley Direct Lending Fund in Financial Services and Blackrock MuniHoldings New Jersey Quality Fund in Finance.

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

About Blackrock MuniHoldings New Jersey Quality Fund

MUJ stock →

BlackRock MuniHoldings New Jersey Quality Fund, Inc. is a close ended fixed income mutual fund launched by BlackRock, Inc.

Finance · Investment Bankers/Brokers/Service

MSDL vs MUJ FAQ

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

MUJ has the lower trailing P/E at 11.4, versus 19.4 for MSDL. 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, Morgan Stanley Direct Lending Fund or Blackrock MuniHoldings New Jersey Quality Fund?

Morgan Stanley Direct Lending Fund has the higher yield at 14.20%, compared with 5.75% for Blackrock MuniHoldings New Jersey Quality Fund.

Are Morgan Stanley Direct Lending Fund and Blackrock MuniHoldings New Jersey Quality Fund in the same industry?

No. Morgan Stanley Direct Lending Fund is in the Financial Services sector, while Blackrock MuniHoldings New Jersey Quality Fund is in Finance.

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