American Electric Power Company, Inc. bonds AEP
Who owns American Electric Power Company, Inc.'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. AEP 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 |
|---|---|---|---|---|---|---|---|---|---|
| 845437BP6 | 2.75% fixed | 2026-10-01 | USD | 99.77 | 4.11% | 38 bp | 7 | $20.8M | Jul 2026 |
| 00115AAE9 | 3.1% fixed | 2026-12-01 | USD | 99.61 | 4.28% | 51 bp | 4 | $20.6M | Jul 2026 |
| 037735CW5 | 3.3% fixed | 2027-06-01 | USD | 98.99 | 4.54% | 56 bp | 3 | $2.9M | Jul 2026 |
| 025537AV3 | 5.75% fixed | 2027-11-01 | USD | 101.33 | 4.64% | 54 bp | 15 | $27.8M | Jul 2026 |
| 025537AJ0 | 3.2% fixed | 2027-11-13 | USD | 98.21 | 4.65% | 55 bp | 7 | $7.6M | Jul 2026 |
| 454889AS5 | 3.85% fixed | 2028-05-15 | USD | 98.75 | 4.58% | 40 bp | 6 | $3.5M | Jul 2026 |
| 00108WAH3 | 3.95% fixed | 2028-06-01 | USD | 98.64 | 4.73% | 54 bp | 12 | $11.6M | Jul 2026 |
| 845437BR2 | 4.1% fixed | 2028-09-15 | USD | 98.59 | 4.80% | 58 bp | 12 | $18.9M | Jul 2026 |
| 025537AM3 | 4.3% fixed | 2028-12-01 | USD | 99.12 | 4.70% | 47 bp | 9 | $8.8M | Jul 2026 |
| 025537AY7 | 5.2% fixed | 2029-01-15 | USD | 101.05 | 4.74% | 50 bp | 15 | $39.7M | Jul 2026 |
| 00108WAS9 | 5.45% fixed | 2029-05-15 | USD | 101.60 | 4.83% | 57 bp | 14 | $37.3M | Jul 2026 |
| 025537AN1 | 2.3% fixed | 2030-03-01 | USD | 91.47 | 4.92% | 64 bp | 11 | $8.9M | Jul 2026 |
| 677415CS8 | 2.6% fixed | 2030-04-01 | USD | 92.46 | 4.87% | 58 bp | 6 | $4.3M | Jul 2026 |
| 00108WAM2 | 2.1% fixed | 2030-07-01 | USD | 89.90 | 4.97% | 68 bp | 12 | $10.4M | Jul 2026 |
| 037735CZ8 | 2.7% fixed | 2031-04-01 | USD | 90.47 | 5.01% | 70 bp | 11 | $7.8M | Jul 2026 |
| 744533BM1 | 2.2% fixed | 2031-08-15 | USD | 87.07 | 5.14% | 81 bp | 11 | $6.8M | Jul 2026 |
| 00108WAP5 | 4.7% fixed | 2032-05-15 | USD | 97.78 | 5.15% | 77 bp | 10 | $28.2M | Jul 2026 |
| 037735DA2 | 4.5% fixed | 2032-08-01 | USD | 96.76 | 5.13% | 74 bp | 8 | $9.0M | Jul 2026 |
| 025537AW1 | 5.95% fixed | 2032-11-01 | USD | 103.97 | 5.20% | 78 bp | 11 | $21.6M | Jul 2026 |
| 025537AX9 | 5.625% fixed | 2033-03-01 | USD | 102.10 | 5.24% | 81 bp | 23 | $26.9M | Jul 2026 |
| 845437BU5 | 5.3% fixed | 2033-04-01 | USD | 99.59 | 5.37% | 93 bp | 15 | $52.8M | Jul 2026 |
| 677415CV1 | 5% fixed | 2033-06-01 | USD | 97.97 | 5.36% | 91 bp | 7 | $13.0M | Jul 2026 |
| 00108WAR1 | 5.4% fixed | 2033-06-01 | USD | 99.87 | 5.42% | 97 bp | 8 | $32.7M | Jul 2026 |
| 00108WAT7 | 5.7% fixed | 2034-05-15 | USD | 101.14 | 5.52% | 102 bp | 19 | $26.1M | Jul 2026 |
| 677415CW9 | 5.65% fixed | 2034-06-01 | USD | 101.25 | 5.45% | 95 bp | 11 | $32.4M | Jul 2026 |
| 744533BR0 | 5.2% fixed | 2035-01-15 | USD | 97.49 | 5.58% | 105 bp | 18 | $21.7M | Jul 2026 |
| 00115AAS8 | 5.375% fixed | 2035-06-15 | USD | 99.42 | 5.46% | 91 bp | 13 | $21.2M | Jul 2026 |
| 037975AA7 | 4.961% fixed | 2035-10-01 | USD | 99.19 | 5.07% | 51 bp | 4 | $8.1M | Jul 2026 |
| 744533BS8 | 5.45% fixed | 2036-01-15 | USD | 98.72 | 5.63% | 105 bp | 15 | $32.4M | Jul 2026 |
| 845437BV3 | 5.2% fixed | 2036-04-01 | USD | 96.61 | 5.66% | 108 bp | 21 | $25.0M | Jul 2026 |
| 00108WAV2 | 5.2% fixed | 2036-04-15 | USD | 96.59 | 5.66% | 107 bp | 15 | $35.9M | Jul 2026 |
| 00115AAT6 | 5.25% fixed | 2036-06-01 | USD | 98.35 | 5.47% | 88 bp | 13 | $34.3M | Jul 2026 |
| 454889AM8 | 6.05% fixed | 2037-03-15 | USD | 103.78 | 5.57% | 94 bp | 5 | $3.4M | Jul 2026 |
| 037735CM7 | 7% fixed | 2038-04-01 | USD | 109.57 | 5.85% | 117 bp | 13 | $11.4M | Jul 2026 |
| 00115AAF6 | 4% fixed | 2046-12-01 | USD | 76.44 | 6.02% | 92 bp | 2 | $451K | Jul 2026 |
| 00115AAH2 | 3.75% fixed | 2047-12-01 | USD | 72.19 | 6.10% | 99 bp | 7 | $20.2M | Jul 2026 |
| 037735CX3 | 4.5% fixed | 2049-03-01 | USD | 78.61 | 6.29% | 118 bp | 8 | $1.6M | Jul 2026 |
| 00108WAK6 | 3.45% fixed | 2050-01-15 | USD | 65.21 | 6.31% | 120 bp | 8 | $9.0M | Jul 2026 |
| 025537AP6 | 3.25% fixed | 2050-03-01 | USD | 64.04 | 6.16% | 105 bp | 2 | $534K | Jul 2026 |
| 00115AAM1 | 3.65% fixed | 2050-04-01 | USD | 69.53 | 6.10% | 99 bp | 7 | $6.0M | Jul 2026 |
| 037735CY1 | 3.7% fixed | 2050-05-01 | USD | 68.60 | 6.25% | 115 bp | 5 | $3.3M | Jul 2026 |
| 454889AU0 | 3.25% fixed | 2051-05-01 | USD | 63.50 | 6.14% | 103 bp | 3 | $562K | Jul 2026 |
| 00108WAN0 | 3.45% fixed | 2051-05-15 | USD | 63.86 | 6.37% | 126 bp | 5 | $1.0M | Jul 2026 |
| 00115AAN9 | 2.75% fixed | 2051-08-15 | USD | 57.49 | 6.08% | 97 bp | 4 | $617K | Jul 2026 |
| 744533BP4 | 3.15% fixed | 2051-08-15 | USD | 61.98 | 6.14% | 104 bp | 5 | $2.1M | Jul 2026 |
| 677415CU3 | 2.9% fixed | 2051-10-01 | USD | 58.04 | 6.22% | 112 bp | 11 | $2.5M | Jul 2026 |
| 845437BT8 | 3.25% fixed | 2051-11-01 | USD | 62.63 | 6.20% | 109 bp | 11 | $5.2M | Jul 2026 |
| 00108WAQ3 | 5.25% fixed | 2052-05-15 | USD | 86.01 | 6.36% | 126 bp | 5 | $1.2M | Jul 2026 |
| 00115AAQ2 | 5.4% fixed | 2053-03-15 | USD | 90.85 | 6.10% | 100 bp | 12 | $33.4M | Jul 2026 |
| 454889AV8 | 5.625% fixed | 2053-04-01 | USD | 93.08 | 6.16% | 105 bp | 10 | $4.8M | Jul 2026 |
| 025537BA8 | 6.95% fixed | 2054-12-15 | USD | 105.52 | 6.52% | 142 bp | 21 | $99.6M | Jul 2026 |
| 025537AZ4 | 7.05% fixed | 2054-12-15 | USD | 103.49 | 6.77% | 167 bp | 18 | $22.8M | Jul 2026 |
| 02557TAE9 | 5.8% fixed | 2056-03-15 | USD | 98.23 | 5.93% | 83 bp | 47 | $121.3M | Jul 2026 |
| 02557TAF6 | 6.05% fixed | 2056-03-15 | USD | 98.27 | 6.18% | 108 bp | 51 | $122.4M | Jul 2026 |
| 845437BW1 | 5.9% fixed | 2056-04-01 | USD | 93.75 | 6.37% | 127 bp | 8 | $2.9M | Jul 2026 |
| 025537AU5 | 3.875% fixed | 2062-02-15 | USD | 99.18 | 3.92% | -118 bp | 10 | $18.5M | 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 | 56 | $1.15B | 98.09 | 5.57% | 96 bp | 51 |
| Jun 2026 | 56 | $3.28B | 98.77 | 5.29% | 77 bp | 95 |
| May 2026 | 56 | $2.11B | 98.99 | 5.21% | 72 bp | 48 |
| Apr 2026 | 54 | $1.17B | 98.68 | 5.30% | 93 bp | 52 |
| Mar 2026 | 54 | $3.14B | 98.53 | 5.30% | 102 bp | 104 |
| Feb 2026 | 51 | $1.61B | 99.96 | 4.82% | 79 bp | 53 |
| Jan 2026 | 51 | $1.14B | 99.33 | 5.03% | 83 bp | 66 |
| Dec 2025 | 51 | $2.60B | 99.12 | 5.00% | 85 bp | 107 |
| Nov 2025 | 51 | $1.50B | 99.32 | 4.89% | 79 bp | 39 |
| Oct 2025 | 52 | $1.12B | 99.40 | 4.98% | 89 bp | 56 |
| Sep 2025 | 52 | $2.47B | 99.24 | 4.98% | 85 bp | 80 |
| Aug 2025 | 51 | $1.28B | 98.60 | 5.10% | 84 bp | 28 |
| Jul 2025 | 51 | $932.0M | 98.06 | 5.21% | 82 bp | 25 |
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. 214 added, 137 cut, 41 new holders and 27 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $361.5M | $343.5M | -$819K |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $327.9M | $331.0M | $50.5M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $333.9M | $318.1M | $19.1M |
| T. Rowe Price Capital Appreciation Fund T. ROWE PRICE CAPITAL APPRECIATION FUND, INC. | 2026-06-30 | $287.0M | $285.3M | $86.5M |
| VANGUARD WELLINGTON FUND | 2026-05-31 | $225.4M | $217.9M | $145.8M |
| VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $210.3M | $208.5M | -$21.7M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $148.3M | $147.2M | $29.1M |
| VANGUARD WELLESLEY INCOME FUND | 2026-06-30 | $140.2M | $135.3M | $25.9M |
| TCW METWEST TOTAL RETURN BOND FUND TCW Metropolitan West Funds | 2026-06-30 | $127.6M | $127.6M | -$16.6M |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $123.7M | $114.6M | $5.4M |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $95.1M | $95.5M | -$3.4M |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $91.9M | $92.2M | $5.7M |
| First Trust Preferred Securities and Income ETF First Trust Exchange-Traded Fund III | 2026-07-31 | $88.4M | $90.7M | $0 |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $88.5M | $81.9M | $10.1M |
| PIMCO Long Duration Credit Bond Portfolio PIMCO FUNDS | 2026-06-30 | $93.4M | $81.1M | -$153K |
| Bridge Builder Core Plus Bond Fund Bridge Builder Trust | 2026-06-30 | $80.8M | $81.0M | -$19.9M |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $75.5M | $76.1M | $13.0M |
| Cohen & Steers Preferred Securities & Income Fund, Inc. COHEN & STEERS PREFERRED SECURITIES & INCOME FUND, INC. | 2026-06-30 | $73.2M | $73.5M | -$43.8M |
| JNL/T. Rowe Price Capital Appreciation Fund JNL Series Trust | 2026-06-30 | $63.8M | $63.4M | $21.7M |
| Strategic Advisers Fidelity Core Income Fund Fidelity Rutland Square Trust II | 2026-05-31 | $56.1M | $56.1M | $48.2M |
| Schwab 5-10 Year Corporate Bond ETF SCHWAB STRATEGIC TRUST | 2026-06-30 | $55.6M | $55.9M | $11.4M |
| Spectrum Preferred and Capital Securities Income Fund Principal Funds, Inc | 2026-05-31 | $51.6M | $52.7M | -$10.5M |
| Invesco Variable Rate Preferred ETF Invesco Exchange-Traded Fund Trust II | 2026-05-31 | $49.5M | $49.8M | $6.2M |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $53.6M | $49.7M | $5.2M |
| Victory Pioneer Strategic Income Fund Victory Portfolios IV | 2026-06-30 | $48.5M | $48.3M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): LORD ABBETT BOND DEBENTURE FUND INC ($21.6M), Nuveen Preferred Securities and Income Fund ($11.5M), MOA CORE BOND FUND ($11.4M), PIMCO High Yield Fund ($8.0M), MOA INTERMEDIATE BOND FUND ($4.6M), American Century Diversified Corporate Bond ETF ($4.0M), Nomura Diversified Income Fund ($2.3M), Global X Investment Grade Corporate Bond ETF ($1.4M), Neuberger Core Bond Fund ($1.3M), Six Circles Tax Aware Ultra Short Duration Fund ($1.3M).
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 |
|---|---|---|---|---|---|
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 41 | $361.5M | $343.5M | 0.09% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 19 | $327.9M | $331.0M | 0.48% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 13 | $148.3M | $147.2M | 0.29% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 52 | $123.7M | $114.6M | 0.08% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 17 | $91.9M | $92.2M | 0.18% |
| FPE First Trust Preferred Securities and Income ETF | 2026-07-31 | 2 | $88.4M | $90.7M | 1.44% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 18 | $75.5M | $76.1M | 0.42% |
| SCHI Schwab 5-10 Year Corporate Bond ETF | 2026-06-30 | 18 | $55.6M | $55.9M | 0.48% |
| VRP Invesco Variable Rate Preferred ETF | 2026-05-31 | 5 | $49.5M | $49.8M | 1.72% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 52 | $53.6M | $49.7M | 0.29% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 15 | $48.1M | $47.4M | 0.21% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 30 | $39.9M | $39.7M | 0.34% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 10 | $39.8M | $39.3M | 0.06% |
| FPEI First Trust Institutional Preferred Securities and Income ETF | 2026-07-31 | 2 | $37.3M | $37.9M | 1.97% |
| PREF Principal Spectrum Preferred Securities Active ETF | 2026-06-30 | 5 | $34.3M | $34.8M | 1.97% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 9.11: safer than 78% of companies (82th percentile in Utilities). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $68.02B |
| Debt barrier (short-term + ½ long-term debt) | $28.84B |
| Equity volatility (1 year) | 19.0% |
| Asset value / asset volatility (solved) | $95.66B / 13.5% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 96 bp spread prices in about 1.6% 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
Altman Z'' = 0.71 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in AEP'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 | 318 | $876.6M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 1,975 | $67.02B | 22 | $196.2M | 27 | $401.8M | 0 |
| 2026-03-31 | 1,920 | $49.30B | 27 | $174.4M | 32 | $375.8M | 0 |
| 2025-12-31 | 1,846 | $50.55B | 24 | $295.6M | 32 | $452.2M | 0 |
| 2025-09-30 | 1,701 | $49.05B | 25 | $180.0M | 35 | $501.2M | 0 |
| 2025-06-30 | 1,625 | $44.70B | 24 | $136.9M | 38 | $523.4M | 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.