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MSDL vs PBT

Comparison between Morgan Stanley Direct Lending Fund (MSDL, Company) and Permian Basin Royalty Trust (PBT, Company).

MSDL is from the Financial Services sector, while PBT is from the Energy sector.

MSDL vs PBT - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap
Winner
MSDL
$1.30B
PBT
$1.30B
Max Drawdown
Winner
MSDL
42.73%
PBT
92.04%
Sharpe Ratio
MSDL
-0.74
Winner
PBT
2.46
5Y Beta
Winner
MSDL
0.55
PBT
0.58
Industry
MSDL
Asset Management
PBT
Oil & Gas Midstream
P/E Ratio
Winner
MSDL
15.06
PBT
88.06
Forward P/E
Winner
MSDL
8.24
PBT
10.74
PEG Ratio
MSDL
N/A
PBT
1.12
Dividend Yield
Winner
MSDL
12.60%
PBT
1.07%
5Y Dividends CAGR
MSDL
N/A
PBT
20.54%
5Y EPS CAGR
MSDL
N/A
PBT
16.49%
Debt to Equity
MSDL
121.45%
Winner
PBT
0.00%
Free Cash Flow Yield
Winner
MSDL
15.60%
PBT
2.40%
P/S Ratio
Winner
MSDL
3.40
PBT
78.02
P/B Ratio
Winner
MSDL
0.77
PBT
8000.31

MSDL vs PBT - Historical Returns

Returns include dividend reinvestment.

1M
MSDL
-2.88%
Winner
PBT
+22.54%
3M
MSDL
+5.74%
Winner
PBT
+38.21%
6M
MSDL
-8.14%
Winner
PBT
+53.50%
1Y
MSDL
-12.21%
Winner
PBT
+164.13%
5Y(CAGR)
MSDL
N/A
PBT
+49.89%
10Y(CAGR)
MSDL
N/A
PBT
+21.13%
Max(CAGR)
MSDL
-2.59%
Winner
PBT
+14.65%

MSDL vs PBT - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearMSDLPBT
2026-4.99%+62.80%
2025-11.88%+50.50%
2024+11.06%-17.57%
2023N/A-35.81%
2022N/A+162.09%
2021N/A+208.15%
2020N/A-8.91%
2019N/A-32.47%
2018N/A-28.04%
2017N/A+18.19%
2016N/A+52.72%
2015N/A-43.55%
2014N/A-20.35%
2013N/A+9.48%
2012N/A-35.89%
2011N/A-4.93%
2010N/A+64.84%
2009N/A+7.30%
2008N/A-5.24%
2007N/A+10.03%
2006N/A+11.80%
2005N/A+24.47%
2004N/A+85.31%
2003N/A+44.01%
2002N/A+27.93%
2001N/A+1.86%
2000N/A+27.79%
1999N/A+5.59%

MSDL vs PBT Drawdown Comparison

The maximum drawdown for MSDL was -29.56%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The maximum drawdown for PBT was -83.18%, occurring on Oct 28, 2020. Recovery took 2464 trading sessions.

The current MSDL drawdown is -21.37%. The current PBT drawdown is -8.12%.

RankMSDLPBT
#1-29.56%
Jun 21, 2024 - Mar 27, 2026
-83.18%
Mar 28, 2012 - Jan 11, 2022
#2-6.13%
May 9, 2024 - Jun 21, 2024
-70.20%
Jul 1, 2008 - Nov 4, 2010
#3-6.08%
Mar 27, 2024 - May 6, 2024
-65.06%
Apr 10, 2023 - May 11, 2026
#4-4.94%
Jan 25, 2024 - Mar 14, 2024
-32.66%
Jun 9, 2022 - Oct 26, 2022
#5-4.15%
Mar 20, 2024 - Mar 22, 2024
-27.03%
Mar 4, 2005 - Jun 27, 2005
#6-2.76%
Mar 22, 2024 - Mar 26, 2024
-23.20%
Jan 29, 2003 - May 21, 2003
#7-2.37%
May 6, 2024 - May 8, 2024
-23.13%
Dec 31, 1999 - Aug 25, 2000
#8-1.63%
Mar 15, 2024 - Mar 20, 2024
-22.07%
Sep 17, 2001 - Dec 5, 2002
#9N/A-21.60%
Apr 22, 2008 - Jul 1, 2008
#10N/A-19.80%
Dec 30, 2022 - Jan 19, 2023
#11N/A-19.69%
Mar 25, 2022 - May 20, 2022
#12N/A-18.89%
Jan 12, 2022 - Mar 25, 2022
#13N/A-18.64%
Nov 29, 2006 - Oct 15, 2007
#14N/A-17.48%
Jul 25, 2011 - Feb 24, 2012
#15N/A-16.90%
Nov 30, 2004 - Feb 24, 2005

Correlation

Correlation between MSDL and PBT is -0.76 which considered as a strong negative correlation - the stocks tend to move in opposite directions.

-0.76
-101

Dividend Comparison (1999 - 2026)

MSDL vs PBT dividend yield comparison.

YearMSDLPBT
20262.97%0.43%
202512.14%1.92%
202410.65%4.92%
20230.00%4.30%
20220.00%4.56%
20210.00%2.28%
20200.00%7.10%
20190.00%10.80%
20180.00%11.20%
20170.00%7.09%
20160.00%5.38%
20150.00%6.82%
20140.00%10.72%
20130.00%6.76%
20120.00%8.84%
20110.00%6.68%
20100.00%6.07%
20090.00%5.60%
20080.00%17.46%
20070.00%9.08%
20060.00%8.77%
20050.00%8.60%
20040.00%6.85%
20030.00%8.34%
20020.00%7.97%
20010.00%15.89%
20000.00%12.58%
19990.00%1.92%

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