Assured Guaranty Ltd. bonds AGO
Who owns Assured Guaranty Ltd.'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. AGO 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 |
|---|---|---|---|---|---|---|---|---|---|
| 04621WAF7 | 6.13% fixed | 2028-09-15 | USD | 102.49 | 4.88% | 65 bp | 9 | $13.4M | Jul 2026 |
| 04621WAD2 | 3.15% fixed | 2031-06-15 | USD | 91.88 | 5.05% | 72 bp | 10 | $16.1M | Jul 2026 |
| 04621WAE0 | 3.6% fixed | 2051-09-15 | USD | 66.49 | 6.26% | 116 bp | 4 | $1.2M | Jul 2026 |
| 31769PAB6 | 6.4% fixed | 2066-12-15 | USD | 95.84 | 6.70% | 160 bp | 8 | $43.3M | 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 | 4 | $73.9M | 93.86 | 5.05% | 72 bp | 10 |
| Jun 2026 | 3 | $91.0M | 92.66 | 4.83% | 62 bp | 27 |
| May 2026 | 4 | $91.2M | 93.92 | 4.76% | 64 bp | 13 |
| Apr 2026 | 4 | $68.4M | 93.91 | 4.73% | 78 bp | 8 |
| Mar 2026 | 3 | $91.6M | 92.64 | 4.76% | 89 bp | 27 |
| Feb 2026 | 4 | $86.4M | 94.50 | 4.37% | 66 bp | 13 |
| Jan 2026 | 4 | $68.1M | 93.97 | 4.40% | 58 bp | 9 |
| Dec 2025 | 3 | $97.4M | 94.35 | 4.32% | 58 bp | 28 |
| Nov 2025 | 4 | $87.0M | 93.78 | 4.29% | 61 bp | 14 |
| Oct 2025 | 4 | $66.5M | 93.28 | 4.45% | 74 bp | 9 |
| Sep 2025 | 4 | $98.3M | 93.56 | 4.37% | 69 bp | 27 |
| Aug 2025 | 4 | $90.0M | 93.13 | 4.40% | 61 bp | 14 |
| Jul 2025 | 4 | $65.1M | 92.27 | 4.69% | 71 bp | 9 |
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. 18 added, 7 cut, 6 new holders and 4 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Nuveen Preferred Securities and Income Fund Nuveen Investment Trust V | 2026-05-31 | $64.2M | $61.0M | $0 |
| Nuveen Preferred & Income Opportunities Fund | 2026-07-31 | $19.5M | $18.7M | $0 |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $18.9M | $16.7M | $205K |
| PIMCO Long Duration Credit Bond Portfolio PIMCO FUNDS | 2026-06-30 | $18.7M | $15.8M | $0 |
| First Trust Preferred Securities and Income ETF First Trust Exchange-Traded Fund III | 2026-07-31 | $12.7M | $12.2M | $0 |
| Dimensional Short-Duration Fixed Income ETF Dimensional ETF Trust | 2026-07-31 | $11.0M | $10.9M | $3.4M |
| Guggenheim Total Return Bond Fund Guggenheim Funds Trust | 2026-06-30 | $13.0M | $9.0M | $0 |
| PIMCO Investment Grade Credit Bond Fund PIMCO FUNDS | 2026-06-30 | $8.0M | $8.2M | -$833K |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $7.7M | $7.9M | $2.3M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $7.6M | $7.0M | $0 |
| PIMCO Investment Grade Credit Bond Portfolio PIMCO FUNDS | 2026-06-30 | $6.0M | $6.2M | $0 |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $6.9M | $6.0M | $180K |
| First Trust Intermediate Duration Preferred & Income Fund | 2026-07-31 | $5.2M | $4.9M | $0 |
| The Bond Fund COMMERCE FUNDS | 2026-07-31 | $4.7M | $4.3M | $0 |
| BlackRock Systematic Multi-Strategy Fund BlackRock Funds IV | 2026-06-30 | $4.2M | $4.3M | $0 |
| DFA Investment Grade Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $4.1M | $3.8M | $0 |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $3.7M | $3.5M | $0 |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $3.6M | $3.4M | $0 |
| VANGUARD LONG-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $4.7M | $3.2M | $2.8M |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $3.5M | $3.1M | $135K |
| iShares iBonds Dec 2031 Term Corporate ETF iShares Trust | 2026-07-31 | $3.3M | $3.0M | -$110K |
| iShares iBonds Dec 2028 Term Corporate ETF iShares Trust | 2026-07-31 | $2.8M | $2.9M | $229K |
| Nuveen Variable Rate Preferred & Income Fund | 2026-07-31 | $3.0M | $2.9M | $0 |
| State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $2.5M | $2.6M | $0 |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $2.4M | $2.4M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): iShares ESG Advanced Universal USD Bond ETF ($155K), F/m 3-Year Investment Grade Corporate Bond ETF ($86K), BondBloxx BBB Rated 5-10 Year Corporate Bond ETF ($85K), State Street(R) SPDR Portfolio Corporate Bond ETF ($84K).
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 | 3 | $18.9M | $16.7M | 0.00% |
| FPE First Trust Preferred Securities and Income ETF | 2026-07-31 | 1 | $12.7M | $12.2M | 0.19% |
| DFSD Dimensional Short-Duration Fixed Income ETF | 2026-07-31 | 2 | $11.0M | $10.9M | 0.15% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $7.7M | $7.9M | 0.02% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 3 | $6.9M | $6.0M | 0.00% |
| FPEI First Trust Institutional Preferred Securities and Income ETF | 2026-07-31 | 2 | $4.0M | $3.8M | 0.20% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $3.7M | $3.5M | 0.02% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 1 | $3.6M | $3.4M | 0.01% |
| VCLT VANGUARD LONG-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $4.7M | $3.2M | 0.04% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 4 | $3.5M | $3.1M | 0.02% |
| IBDW iShares iBonds Dec 2031 Term Corporate ETF | 2026-07-31 | 1 | $3.3M | $3.0M | 0.12% |
| IBDT iShares iBonds Dec 2028 Term Corporate ETF | 2026-07-31 | 1 | $2.8M | $2.9M | 0.07% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 1 | $2.5M | $2.6M | 0.02% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 1 | $2.4M | $2.4M | 0.00% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 2 | $2.5M | $2.4M | 0.02% |
Default risk, three ways
Stock market: distance-to-default
Not computed: financial company (banks, insurers, BDCs and REITs carry leverage as their business, which the model misreads).
Bond market: priced-in odds
A 72 bp spread prices in about 1.2% 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 AGO'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 | 25 | $92.0M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 357 | $3.29B | 5 | $15.8M | 6 | $6.5M | 0 |
| 2026-03-31 | 356 | $2.79B | 5 | $5.2M | 6 | $7.1M | 0 |
| 2025-12-31 | 354 | $3.69B | 6 | $11.4M | 6 | $6.3M | 0 |
| 2025-09-30 | 328 | $3.62B | 4 | $19.6M | 4 | $3.4M | 0 |
| 2025-06-30 | 342 | $3.86B | 4 | $2.1M | 4 | $1.9M | 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.