MORGAN STANLEY DIRECT LENDIN

Ticker: MSDL CUSIP: 61774A103 Class: COM SHS

Hennion & Walsh Asset Management, Inc.'s Holding History (CIK: 0001861642)

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

Q4 2025

Shares 258,929 Value ($000) $4,267 Avg Close $16.42 Range $15.24 - $17.38

Q3 2025

Shares 198,538 Value ($000) $3,192 Avg Close $17.18 Range $15.53 - $18.77

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	258,929	$4,267	$16.42	$15.24 - $17.38
Q3 2025	198,538	$3,192	$17.18	$15.53 - $18.77