Trend Table for MSDL - Morgan Stanley Direct Lending Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 8	D	Weak or Absent	N/A	N/A	Up	10.02%
Mar 7	C	Weak or Absent	N/A	N/A	Up	8.07%
Mar 6	F	Weak or Absent	N/A	N/A	Flat	10.63%
Mar 5	F	Weak or Absent	N/A	N/A	Flat	10.74%
Mar 4	C	Weak or Absent	N/A	N/A	Flat	9.96%
Mar 1	F	Weak or Absent	N/A	N/A	Down	11.18%
Feb 29	F	Weak or Absent	N/A	N/A	Down	12.09%
Feb 28	F	Weak or Absent	N/A	N/A	Down	11.98%
Feb 27	F	Weak or Absent	N/A	N/A	Down	11.69%
Feb 26	F	Weak or Absent	N/A	N/A	Down	11.07%