SoftBank Corp. bonds 9434.T
Who owns SoftBank Corp.'s debt and what their own filings say it is worth. Bond prices and yields are fund-reported marks (SEC Form N-PORT) as of Jul 2026; they lag the market by about two months. 9434.T stock page.
Every bond funds hold
Each bond's latest fund-reported mark. Price per 100 of face value; yield to maturity from price, coupon and maturity; spread over the matched-maturity Treasury for US-dollar bonds.
| Bond | Coupon | Maturity | Ccy | Price | Yield | Spread | Funds | Held | As of |
|---|---|---|---|---|---|---|---|---|---|
| 83405KAA0 | 4.699% fixed | 2030-07-09 | USD | 97.95 | 5.28% | 99 bp | 7 | $13.7M | Jul 2026 |
| J75963DK1 | 3.94% fixed | 2032-06-30 | EUR | 99.41 | 4.05% | — | 4 | $774K | Jul 2026 |
| J75963DC9 | 5.33% fixed | 2035-07-09 | USD | 96.58 | 5.83% | 128 bp | 1 | $4.8M | Jul 2026 |
| 83405KAB8 | 5.332% fixed | 2035-07-09 | USD | 96.62 | 5.82% | 127 bp | 7 | $15.7M | Jul 2026 |
| XS3317460700 | 4.47% fixed | 2036-06-30 | EUR | 99.39 | 4.55% | — | 1 | $373K | Jul 2026 |
Spread history
Median spread of the US-dollar bonds over Treasuries, month-ends with complete filings. Fund-reported.
Price history
Median fund-marked price across the bonds, per 100 of face value.
By month
Funds file on staggered quarter-ends, so each month-end is marked by the funds that reported for it; the amount held moves with which funds filed, not only with buying and selling.
| Month-end | Bonds | Held | Median price | USD yield | USD spread | Most funds on one bond |
|---|---|---|---|---|---|---|
| Jul 2026 | 5 | $35.3M | 97.95 | 5.82% | 127 bp | 7 |
| Jun 2026 | 3 | $77.0M | 98.82 | 5.26% | 96 bp | 18 |
| May 2026 | 3 | $19.2M | 99.26 | 5.19% | 93 bp | 7 |
| Apr 2026 | 5 | $41.9M | 99.46 | 5.47% | 120 bp | 8 |
| Mar 2026 | 2 | $77.7M | 98.92 | 5.20% | 120 bp | 18 |
| Feb 2026 | 2 | $38.0M | 101.68 | 4.70% | 85 bp | 7 |
| Jan 2026 | 3 | $43.5M | 100.23 | 5.30% | 113 bp | 11 |
| Dec 2025 | 2 | $78.8M | 100.29 | 4.96% | 107 bp | 18 |
| Nov 2025 | 2 | $36.8M | 100.83 | 4.87% | 101 bp | 6 |
| Oct 2025 | 3 | $44.7M | 101.02 | 5.19% | 115 bp | 11 |
| Sep 2025 | 2 | $98.3M | 100.81 | 4.87% | 99 bp | 21 |
| Aug 2025 | 2 | $36.1M | 100.28 | 4.94% | 93 bp | 6 |
| Jul 2025 | 2 | $38.1M | 99.31 | 5.12% | 95 bp | 11 |
Who holds the debt
Fund series in their latest quarterly N-PORT report, largest first, with the change in face value against each fund's own previous report. Names as reported in the filings. 2 added, 5 cut, 4 new holders and 4 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Guggenheim Total Return Bond Fund Guggenheim Funds Trust | 2026-06-30 | $31.6M | $31.2M | $0 |
| Guggenheim Limited Duration Fund Guggenheim Funds Trust | 2026-06-30 | $14.0M | $13.8M | $0 |
| Nomura Corporate Bond Fund Delaware Group Income Funds | 2026-07-31 | $12.1M | $11.8M | $0 |
| Nomura Diversified Income Fund Delaware Group Adviser Funds | 2026-07-31 | $10.0M | $9.7M | $0 |
| Optimum Fixed Income Fund Optimum Fund Trust | 2026-06-30 | $5.4M | $5.3M | $0 |
| Nomura VIP Corporate Bond Series Ivy Variable Insurance Portfolios | 2026-06-30 | $5.0M | $4.9M | $0 |
| ABRDN ASIA-PACIFIC INCOME FUND, INC. | 2026-07-31 | $5.0M | $4.8M | $0 |
| First Trust Smith Unconstrained Bond ETF First Trust Exchange-Traded Fund VIII | 2026-05-31 | $4.1M | $4.1M | $0 |
| Multi-Manager Total Return Bond Strategies Fund COLUMBIA FUNDS SERIES TRUST I | 2026-05-31 | $3.6M | $3.5M | -$231K |
| NVIT Loomis Core Bond Fund Nationwide Variable Insurance Trust | 2026-06-30 | $3.4M | $3.3M | $0 |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $3.1M | $3.1M | -$90K |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $3.1M | $3.1M | -$925K |
| VOYA INTERMEDIATE BOND FUND Voya Funds Trust | 2026-06-30 | $2.8M | $2.7M | -$605K |
| THRIVENT CORE INVESTMENT GRADE CORPORATE BOND FUND Thrivent Core Funds | 2026-07-31 | $2.8M | $2.7M | $0 |
| Guggenheim Core Bond Fund Guggenheim Funds Trust | 2026-06-30 | $2.6M | $2.6M | $0 |
| Nomura Balanced Fund IVY FUNDS | 2026-06-30 | $2.0M | $2.0M | $0 |
| Allspring Short-Term Bond Plus Fund ALLSPRING FUNDS TRUST | 2026-05-31 | $2.0M | $2.0M | $0 |
| Nomura Limited-Term Diversified Income Fund Delaware Group Limited-Term Government Funds | 2026-06-30 | $2.0M | $1.9M | $0 |
| Nomura Global Bond Fund IVY FUNDS | 2026-06-30 | $1.9M | $1.9M | $0 |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $1.4M | $1.4M | $50K |
| Nomura Asset Strategy Fund IVY FUNDS | 2026-06-30 | $1.4M | $1.4M | $0 |
| LVIP Nomura Diversified Floating Rate Fund LINCOLN VARIABLE INSURANCE PRODUCTS TRUST | 2026-06-30 | $1.4M | $1.3M | $0 |
| Payden Corporate Bond Fund PAYDEN & RYGEL INVESTMENT GROUP | 2026-07-31 | $1.4M | $1.3M | $0 |
| PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund PIMCO ETF Trust | 2026-06-30 | $1.0M | $989K | $0 |
| Nomura Wealth Builder Fund Delaware Group Equity Funds V | 2026-05-29 | $965K | $958K | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): First Trust Smith Opportunistic Fixed Income ETF ($10.5M), ALPS | Smith Core Plus Bond ETF ($6.8M), ALPS | Smith Total Return Bond Fund ($6.1M), THRIVENT MODERATE ALLOCATION PORTFOLIO ($637K).
ETFs holding these bonds
From each ETF's own latest N-PORT report: the issuer's bonds as a share of the ETF's net assets. A holdings list, not a recommendation.
| ETF | Report | Bonds | Face value | Value | % of net assets |
|---|---|---|---|---|---|
| UCON First Trust Smith Unconstrained Bond ETF | 2026-05-31 | 1 | $4.1M | $4.1M | 0.13% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $3.1M | $3.1M | 0.02% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $3.1M | $3.1M | 0.01% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $1.4M | $1.4M | 0.01% |
| CORP PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund | 2026-06-30 | 1 | $1.0M | $989K | 0.06% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 2 | $800K | $777K | 0.00% |
| IAGG iShares Core International Aggregate Bond ETF | 2026-07-31 | 2 | $450K | $516K | 0.00% |
| ISTB iShares Core 1-5 Year USD Bond ETF | 2026-07-31 | 1 | $170K | $166K | 0.00% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 2.03: safer than 14% of companies (18th percentile in Communication Services). Market-implied, prices to 2026-10-19, balance sheet 2026-06-30.
| Equity value | $75.58B |
| Debt barrier (short-term + ½ long-term debt) | $30.95B |
| Equity volatility (1 year) | 75.9% |
| Asset value / asset volatility (solved) | $105.12B / 54.8% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 127 bp spread prices in about 2.1% a year of default odds (spread ÷ (1 − 40% recovery)). Fund-reported marks as of Jul 2026; the spread also pays for liquidity and risk premium, so this overstates actual defaults.
Accounts: Altman Z
Altman Z'' = -0.24 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in 9434.T's stock and options. Options are reported at the value of the underlying shares, not the premium paid; 13F lists long positions only, lags 45 days after quarter-end, and does not show whether puts hedge a stock position.
| Quarter-end | Stock holders | Stock value | Put managers | Puts (underlying value) | Call managers | Calls (underlying value) | Convertible holders |
|---|---|---|---|---|---|---|---|
| 2026-09-30 filings still arriving | 1 | $169K | 0 | — | 0 | — | 0 |
| 2026-06-30 | 9 | $1.2M | 0 | — | 0 | — | 0 |
| 2026-03-31 | 8 | $1.0M | 0 | — | 0 | — | 0 |
| 2025-12-31 | 8 | $1.0M | 0 | — | 0 | — | 0 |
| 2025-09-30 | 5 | $819K | 0 | — | 0 | — | 0 |
| 2025-06-30 | 7 | $808K | 0 | — | 0 | — | 0 |
Sources: fund holdings and fund-reported marks from SEC Form N-PORT (published about 60 days after each month-end); 13F filings; House and Senate periodic transaction reports and OGE Form 278-T; Treasury yields from FRED. Findings from filings, not advice. How each number is computed.