American Equity Investment Life Holding Company bonds AEL
Who owns American Equity Investment Life Holding Company'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. AEL 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 |
|---|---|---|---|---|---|---|---|---|---|
| 025676AM9 | 5% fixed | 2027-06-15 | USD | 100.16 | 4.80% | 81 bp | 7 | $5.3M | Jul 2026 |
| 025676AN7 | 5.75% fixed | 2029-10-01 | USD | 101.27 | 5.31% | 104 bp | 22 | $79.7M | Jul 2026 |
| 02772AAA7 | 6.144% fixed | 2032-06-13 | USD | 102.04 | 5.73% | 134 bp | 10 | $33.5M | Jul 2026 |
| 025676AQ0 | 6% fixed | 2035-07-15 | USD | 97.59 | 6.36% | 181 bp | 19 | $18.3M | Jul 2026 |
| 025676AR8 | 7% fixed | 2055-12-01 | USD | 96.23 | 7.31% | 221 bp | 45 | $108.0M | 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 | $244.8M | 100.16 | 6.04% | 157 bp | 45 |
| Jun 2026 | 5 | $471.9M | 100.17 | 5.79% | 144 bp | 60 |
| May 2026 | 5 | $143.3M | 100.14 | 5.62% | 139 bp | 20 |
| Apr 2026 | 5 | $227.7M | 99.70 | 5.63% | 159 bp | 45 |
| Mar 2026 | 5 | $492.4M | 99.49 | 5.72% | 176 bp | 55 |
| Feb 2026 | 5 | $165.8M | 100.60 | 5.46% | 164 bp | 21 |
| Jan 2026 | 5 | $235.1M | 101.02 | 5.43% | 151 bp | 48 |
| Dec 2025 | 5 | $492.7M | 101.48 | 5.33% | 149 bp | 52 |
| Nov 2025 | 5 | $173.7M | 101.27 | 5.01% | 130 bp | 20 |
| Oct 2025 | 5 | $218.8M | 102.28 | 5.07% | 138 bp | 44 |
| Sep 2025 | 5 | $533.9M | 103.12 | 5.04% | 132 bp | 50 |
| Aug 2025 | 5 | $159.0M | 102.42 | 5.21% | 135 bp | 18 |
| Jul 2025 | 4 | $114.3M | 101.32 | 5.46% | 142 bp | 24 |
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. 50 added, 54 cut, 17 new holders and 15 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Baird Aggregate Bond Fund Baird Funds Inc | 2026-06-30 | $71.6M | $71.6M | $0 |
| Guggenheim Total Return Bond Fund Guggenheim Funds Trust | 2026-06-30 | $46.1M | $45.8M | $0 |
| Eaton Vance Total Return Bond ETF Morgan Stanley ETF Trust | 2026-06-30 | $31.2M | $31.1M | $1.9M |
| Baird Core Plus Bond Fund Baird Funds Inc | 2026-06-30 | $28.0M | $28.0M | $0 |
| Calvert Bond Fund Calvert Social Investment Fund | 2026-06-30 | $24.4M | $24.4M | -$625K |
| Dimensional Short-Duration Fixed Income ETF Dimensional ETF Trust | 2026-07-31 | $24.0M | $24.3M | -$2.7M |
| Guggenheim Macro Opportunities Fund Guggenheim Funds Trust | 2026-06-30 | $23.8M | $23.6M | $0 |
| Hartford Dynamic Bond Fund HARTFORD MUTUAL FUNDS, INC | 2026-07-31 | $20.4M | $20.8M | $11.3M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $20.5M | $20.3M | -$9.1M |
| Nuveen Preferred Securities and Income Fund Nuveen Investment Trust V | 2026-05-31 | $19.3M | $19.0M | $0 |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $18.2M | $18.4M | $0 |
| First Trust Preferred Securities and Income ETF First Trust Exchange-Traded Fund III | 2026-07-31 | $18.7M | $18.0M | $0 |
| Thornburg Strategic Income Fund THORNBURG INVESTMENT TRUST | 2026-06-30 | $17.1M | $17.5M | $0 |
| Guggenheim Limited Duration Fund Guggenheim Funds Trust | 2026-06-30 | $17.4M | $17.4M | $0 |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $16.4M | $16.6M | -$3.6M |
| Thornburg Limited Term Income Fund THORNBURG INVESTMENT TRUST | 2026-06-30 | $15.8M | $16.3M | -$9.9M |
| Nuveen Preferred & Income Opportunities Fund | 2026-07-31 | $16.7M | $16.0M | $0 |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $15.1M | $15.2M | -$6.1M |
| Eaton Vance Total Return Bond Fund Eaton Vance Mutual Funds Trust | 2026-06-30 | $14.3M | $14.2M | $1.3M |
| THE HARTFORD BALANCED INCOME FUND HARTFORD MUTUAL FUNDS, INC | 2026-07-31 | $13.4M | $13.0M | $12.9M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $11.8M | $11.8M | -$5.4M |
| DFA Short-Term Extended Quality Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $11.0M | $11.2M | -$1.3M |
| First Trust Institutional Preferred Securities and Income ETF First Trust Exchange-Traded Fund III | 2026-07-31 | $10.0M | $9.6M | $4.9M |
| Cohen & Steers Preferred Securities & Income Fund, Inc. COHEN & STEERS PREFERRED SECURITIES & INCOME FUND, INC. | 2026-06-30 | $9.6M | $9.4M | $0 |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $8.6M | $8.7M | -$105K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): iShares Investment Grade Systematic Bond ETF ($4.2M), State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF ($4.0M), BlackRock Systematic Multi-Strategy Fund ($3.5M), iShares Systematic Bond ETF ($944K), WisdomTree Yield Enhanced U.S. Aggregate Bond Fund ($290K), LVIP SSGA Short-Term Bond Index Fund ($250K), Nuveen Short Term Bond Index Fund ($200K), Six Circles Global Bond Fund ($125K), Janus Henderson Multi-Sector Income Fund ($111K), AB High Yield ETF ($100K).
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 |
|---|---|---|---|---|---|
| EVTR Eaton Vance Total Return Bond ETF | 2026-06-30 | 3 | $31.2M | $31.1M | 0.56% |
| DFSD Dimensional Short-Duration Fixed Income ETF | 2026-07-31 | 1 | $24.0M | $24.3M | 0.34% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $20.5M | $20.3M | 0.03% |
| FPE First Trust Preferred Securities and Income ETF | 2026-07-31 | 1 | $18.7M | $18.0M | 0.29% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 2 | $16.4M | $16.6M | 0.03% |
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 2 | $15.1M | $15.2M | 0.00% |
| FPEI First Trust Institutional Preferred Securities and Income ETF | 2026-07-31 | 1 | $10.0M | $9.6M | 0.50% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $8.6M | $8.7M | 0.05% |
| USHY iShares Broad USD High Yield Corporate Bond ETF | 2026-07-31 | 1 | $8.2M | $7.9M | 0.03% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 3 | $7.3M | $7.3M | 0.01% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 1 | $7.4M | $7.3M | 0.01% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $6.8M | $6.9M | 0.03% |
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | 2026-05-31 | 1 | $6.2M | $6.1M | 0.04% |
| VRP Invesco Variable Rate Preferred ETF | 2026-05-31 | 1 | $5.2M | $5.1M | 0.18% |
| BSCR Invesco BulletShares 2027 Corporate Bond ETF | 2026-05-31 | 1 | $5.1M | $5.1M | 0.11% |
Default risk, three ways
Stock market: distance-to-default
No stock-market measure for this issuer.
Bond market: priced-in odds
A 157 bp spread prices in about 2.6% 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
Not available.
The stock side: 13F filings
What institutions report holding in AEL'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 |
|---|---|---|---|---|---|---|---|
| 2026-06-30 | 2 | $386K | 0 | — | 0 | — | 0 |
| 2026-03-31 | 2 | $389K | 0 | — | 0 | — | 0 |
| 2025-12-31 | 2 | $413K | 0 | — | 0 | — | 2 |
| 2025-09-30 | 3 | $520K | 0 | — | 0 | — | 2 |
| 2025-06-30 | 2 | $502K | 0 | — | 0 | — | 1 |
| 2025-03-31 | 1 | $56 | 0 | — | 0 | — | 1 |
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.