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Morgan Stanley MSDL Investment Company Incentive Fee Contractual Fee Waived

Investment Company Incentive Fee Contractual Fee Waived at other companies

Oaktree Specialty Lending logo
Oaktree Specialty LendingOCSL
$0-100%
Goldman Sachs BDC logo
Goldman Sachs BDCGSBD
$0
Kayne Anderson BDC logo
Kayne Anderson BDCKBDC
$0-100%
Main Street Capital logo
Main Street CapitalMAIN
$4M+48.8%
Oaktree Specialty Lending logo
Oaktree Specialty LendingOCSL
$0-100%
Morgan Stanley logo
Morgan StanleyMS
$34M+13.3%

Other financials

Income statement

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Net income-$4.5M-115%
EPS (diluted)-$0.05-115%

Balance sheet

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Cash & equivalents$80.7M+16.2%
Total debt$2.1B+2.2%
Total equity$1.7B-7.0%
Total assets$3.8B-2.2%

Cash flow

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Operating cash flow$86.3M+153%

Valuation

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Market cap$1.27B-24.4%
Enterprise value$3.25B-10.4%
P/E14.5×+5.8×

Returns & leverage

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Return on equity5%-5.6pp
Debt / equity1.2×+0.1×

Where this comes from

Reported directly by Morgan Stanley in its filing.

Tagged under the XBRL concept us-gaap:InvestmentCompanyIncentiveFeeContractualFeeWaived.

The official record: Morgan Stanley’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Morgan Stanley's investment company incentive fee contractual fee waived?
Morgan Stanley (MSDL) reported investment company incentive fee contractual fee waived of $0 in Q1 2026.
How has Morgan Stanley's investment company incentive fee contractual fee waived changed year-over-year?
Morgan Stanley's investment company incentive fee contractual fee waived decreased by 100.0% year-over-year, from $375K to $0.
What does investment company incentive fee contractual fee waived mean?
This represents the amount of performance-based incentive fees that the adviser has waived or deferred. Such waivers are typically used to ensure that shareholders receive a target level of income or to mitigate the impact of specific market conditions. This metric highlights the adviser's willingness to prioritize fund stability over immediate fee collection.