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Morgan Stanley MSDL Investment expenses

Investment expenses at other companies

Ares Capital logo
Ares CapitalARCC
$359M-0.3%
FS KKR Capital Corp. logo
FS KKR Capital Corp.FSK
$187M-12.2%
Blue Owl Capital logo
Blue Owl CapitalOBDC
$235.16M-9.4%
Blackstone Secured Lending Fund logo
Blackstone Secured Lending FundBXSL
$142.47M-13.6%
Oaktree Specialty Lending logo
Oaktree Specialty LendingOCSL
$36.02M-20.2%
Sixth Street Specialty Lending logo
Sixth Street Specialty LendingTSLX
$52.67M-8.3%

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:InvestmentIncomeInvestmentExpense.

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 expenses?
Morgan Stanley (MSDL) reported investment expenses of $47.72M in Q1 2026.
How has Morgan Stanley's investment expenses changed year-over-year?
Morgan Stanley's investment expenses decreased by 14.2% year-over-year, from $55.62M to $47.72M.
What is the long-term trend for Morgan Stanley's investment expenses?
Over 4 years (2021 to 2025), Morgan Stanley's investment expenses has grown at a 40.0% compound annual growth rate (CAGR), from $57.1M to $219.46M.
What does investment expenses mean?
This represents the total costs incurred to generate investment income, including interest expense on debt financing and other direct investment-related costs. It is a key metric for evaluating the fund's cost of leverage and the efficiency of its capital structure. A lower ratio relative to gross income indicates higher operational efficiency.