# Morgan Stanley Direct Lending Fund Plans Fee Cuts for 2027

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/51651
Published: 2026-11-08T15:10:49.000Z
Updated: 2026-11-08T15:10:49.000Z
Section: Business

> Its management fee on assets is set to fall to 75 basis points from 100, while its incentive fee will drop to 15% from 17.5%, effective Jan. 1, 2027.

Morgan Stanley Direct Lending Fund (NYSE: MSDL) plans to cut its management fee on assets from 100 to 75 basis points and its incentive fee from 17.5% to 15%, effective Jan. 1, 2027.

The fund also introduced a supplemental dividend equal to 50% of excess net investment income.