MORGAN STANLEY DIRECT LENDIN

Ticker: MSDL CUSIP: 61774A103 Class: COM SHS

Muzinich & Co., Inc.'s Holding History (CIK: 0001618824)

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

Q4 2025

Shares 766,451 Value ($000) $12,631 Avg Close $16.42 Range $15.24 - $17.38

Q3 2025

Shares 584,621 Value ($000) $9,401 Avg Close $17.18 Range $15.53 - $18.77

Q2 2025

Shares 455,631 Value ($000) $8,529 Avg Close $17.74 Range $16.13 - $18.75

Q1 2025

Shares 212,700 Value ($000) $4,245 Avg Close $18.51 Range $17.78 - $19.46

Q4 2024

Shares 104,501 Value ($000) $2,159 Avg Close $17.85 Range $16.94 - $18.98

Q3 2024

Shares 3,422 Value ($000) $68 Avg Close $17.54 Range $16.26 - $19.97

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	766,451	$12,631	$16.42	$15.24 - $17.38
Q3 2025	584,621	$9,401	$17.18	$15.53 - $18.77
Q2 2025	455,631	$8,529	$17.74	$16.13 - $18.75
Q1 2025	212,700	$4,245	$18.51	$17.78 - $19.46
Q4 2024	104,501	$2,159	$17.85	$16.94 - $18.98
Q3 2024	3,422	$68	$17.54	$16.26 - $19.97