Morgan Stanley Direct Lending Fund (MSDL) vs Nuveen Municipal Value Fund (NUV)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Nuveen Municipal Value Fund is the larger company by market cap ($1.73 billion vs $1.14 billion), about 1.5 times the size. On valuation, Nuveen Municipal Value Fund trades at a lower trailing P/E (16.4x vs 19.6x for Morgan Stanley Direct Lending Fund). Morgan Stanley Direct Lending Fund offers the higher dividend yield (14.06% vs 4.66%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | MSDL | NUV |
|---|---|---|
| Share price | $13.52 | $8.34 |
| Market cap | $1.14B | $1.73B |
| 1-day change | -0.41% | +1.22% |
| P/E ratio (TTM) | 19.59 | 16.35 |
| Forward P/E | 7.50 | — |
| EPS (TTM) | $0.69 | $0.51 |
| Dividend yield | 14.06% | 4.66% |
| Annual dividend | $1.90 | $0.389 |
| 52-week high | $17.91 | $9.26 |
| 52-week low | $13.23 | $8.02 |
| Distance from 52-week high | -24.54% | -9.94% |
| Analyst consensus | none | — |
| Avg. price target upside | +15.50% | — |
| Average volume | 455.05K | 821.87K |
| Shares outstanding | 84.11M | 207.54M |
| Sector | Financial Services | Finance |
| Industry | Asset Management | Trusts Except Educational Religious and Charitable |
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 offers a meaningfully higher dividend yield (14.06% vs 4.66%).
- The two companies sit in different sectors: Morgan Stanley Direct Lending Fund in Financial Services and Nuveen Municipal Value 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 Nuveen Municipal Value Fund
NUV stock →Nuveen Municipal Value Fund, Inc. is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc.
Finance · Trusts Except Educational Religious and Charitable
MSDL vs NUV FAQ
Which is bigger, Morgan Stanley Direct Lending Fund or Nuveen Municipal Value Fund?
Nuveen Municipal Value Fund (NUV) is larger, with a market capitalization of $1.73B compared with $1.14B for Morgan Stanley Direct Lending Fund (MSDL).
Which has the lower P/E ratio, MSDL or NUV?
NUV has the lower trailing P/E at 16.4, versus 19.6 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 Nuveen Municipal Value Fund?
Morgan Stanley Direct Lending Fund has the higher yield at 14.06%, compared with 4.66% for Nuveen Municipal Value Fund.
Are Morgan Stanley Direct Lending Fund and Nuveen Municipal Value Fund in the same industry?
No. Morgan Stanley Direct Lending Fund is in the Financial Services sector, while Nuveen Municipal Value Fund is in Finance.