MORGAN STANLEY DIRECT LENDIN

Ticker: MSDL CUSIP: 61774A103 Class: COM SHS

RAYMOND JAMES FINANCIAL INC's Holding History (CIK: 0000720005)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 175,306 Value ($000) $2,889 Avg Close $16.42 Range $15.24 - $17.38

Q3 2025

Shares 213,619 Value ($000) $3,435 Avg Close $17.18 Range $15.53 - $18.77

Q2 2025

Shares 211,041 Value ($000) $3,951 Avg Close $17.74 Range $16.13 - $18.75

Q1 2025

Shares 207,902 Value ($000) $4,150 Avg Close $18.51 Range $17.78 - $19.46

Q4 2024

Shares 147,660 Value ($000) $3,051 Avg Close $17.85 Range $16.94 - $18.98

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	175,306	$2,889	$16.42	$15.24 - $17.38
Q3 2025	213,619	$3,435	$17.18	$15.53 - $18.77
Q2 2025	211,041	$3,951	$17.74	$16.13 - $18.75
Q1 2025	207,902	$4,150	$18.51	$17.78 - $19.46
Q4 2024	147,660	$3,051	$17.85	$16.94 - $18.98