Aramark bonds ARMK
Who owns Aramark'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. ARMK 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 |
|---|---|---|---|---|---|---|---|---|---|
| 038522AQ1 | 5% fixed | 2028-02-01 | USD | 99.69 | 5.22% | 108 bp | 29 | $155.1M | 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 | 1 | $155.1M | 99.69 | 5.22% | 108 bp | 29 |
| Jun 2026 | 1 | $121.2M | 99.82 | 5.11% | 108 bp | 56 |
| May 2026 | 1 | $102.1M | 99.85 | 5.09% | 116 bp | 27 |
| Apr 2026 | 1 | $157.2M | 99.79 | 5.12% | 135 bp | 34 |
| Mar 2026 | 1 | $100.9M | 99.42 | 5.33% | 163 bp | 54 |
| Feb 2026 | 1 | $77.7M | 100.02 | 4.98% | 151 bp | 25 |
| Jan 2026 | 1 | $147.4M | 99.97 | 5.01% | 147 bp | 36 |
| Dec 2025 | 1 | $88.6M | 100.04 | 4.98% | 147 bp | 50 |
| Nov 2025 | 1 | $66.7M | 100.04 | 4.98% | 142 bp | 26 |
| Oct 2025 | 1 | $143.7M | 99.87 | 5.06% | 154 bp | 33 |
| Sep 2025 | 1 | $87.6M | 99.61 | 5.18% | 161 bp | 51 |
| Aug 2025 | 1 | $67.9M | 99.29 | 5.31% | 163 bp | 30 |
| Jul 2025 | 1 | $142.1M | 99.06 | 5.41% | 155 bp | 37 |
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. 25 added, 22 cut, 7 new holders and 4 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Income Fund of America | 2026-07-31 | $46.7M | $46.5M | $0 |
| VANGUARD HIGH-YIELD CORPORATE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $37.2M | $37.1M | $0 |
| American High Income Trust | 2026-06-30 | $26.2M | $26.2M | $0 |
| JPMorgan High Yield Fund JPMorgan Trust II | 2026-05-31 | $23.9M | $23.9M | $850K |
| Lord Abbett Short Duration Income Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $21.9M | $21.9M | new |
| PIMCO High Yield Fund PIMCO FUNDS | 2026-06-30 | $21.5M | $21.4M | $9.1M |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $20.2M | $20.1M | -$743K |
| iShares iBoxx $ High Yield Corporate Bond ETF iShares Trust | 2026-05-31 | $14.6M | $14.6M | -$359K |
| Shenkman Capital Short Duration High Income Fund Advisors Series Trust | 2026-06-30 | $12.4M | $12.4M | $4.5M |
| American Funds Multi-Sector Income Fund | 2026-06-30 | $11.2M | $11.2M | $0 |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $10.0M | $10.0M | -$200K |
| BlackRock High Yield Portfolio BlackRock Funds V | 2026-06-30 | $9.4M | $9.4M | $0 |
| NYLIM MacKay Short Duration High Income Fund NYLIM FUNDS TRUST | 2026-07-31 | $9.0M | $9.0M | $0 |
| JPMorgan Income Builder Fund JPMorgan Trust I | 2026-07-31 | $7.9M | $7.9M | $0 |
| JPMorgan Active High Yield ETF J.P. Morgan Exchange-Traded Fund Trust | 2026-05-31 | $7.8M | $7.7M | $414K |
| JPMorgan Income Fund JPMorgan Trust I | 2026-05-31 | $7.4M | $7.4M | $50K |
| Invesco BulletShares 2028 High Yield Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $6.3M | $6.3M | $1.1M |
| State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $5.5M | $5.5M | $784K |
| JPMorgan Income ETF J.P. Morgan Exchange-Traded Fund Trust | 2026-05-31 | $5.2M | $5.1M | $180K |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $5.0M | $5.0M | -$714K |
| RBC BlueBay High Yield Bond Fund RBC Funds Trust | 2026-06-30 | $4.9M | $4.9M | new |
| AB HIGH INCOME FUND INC | 2026-07-31 | $4.8M | $4.8M | $0 |
| iShares iBonds 2028 Term High Yield and Income ETF iShares Trust | 2026-07-31 | $3.9M | $3.8M | $624K |
| Xtrackers USD High Yield Corporate Bond ETF DBX ETF Trust | 2026-05-29 | $3.4M | $3.4M | -$182K |
| BlackRock Strategic Income Opportunities Portfolio BlackRock Funds V | 2026-06-30 | $3.2M | $3.2M | $2.3M |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Putnam Diversified Income Trust ($1.2M), Putnam Master Intermediate Income Trust ($208K), AllianceBernstein Global High Income Fund Inc ($134K), Putnam VT Diversified Income Fund ($118K).
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 |
|---|---|---|---|---|---|
| USHY iShares Broad USD High Yield Corporate Bond ETF | 2026-07-31 | 1 | $20.2M | $20.1M | 0.07% |
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | 2026-05-31 | 1 | $14.6M | $14.6M | 0.09% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 1 | $10.0M | $10.0M | 0.13% |
| JPHY JPMorgan Active High Yield ETF | 2026-05-31 | 1 | $7.8M | $7.7M | 0.35% |
| BSJS Invesco BulletShares 2028 High Yield Corporate Bond ETF | 2026-05-31 | 1 | $6.3M | $6.3M | 0.91% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 1 | $5.5M | $5.5M | 0.11% |
| JPIE JPMorgan Income ETF | 2026-05-31 | 1 | $5.2M | $5.1M | 0.06% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 1 | $5.0M | $5.0M | 0.04% |
| IBHH iShares iBonds 2028 Term High Yield and Income ETF | 2026-07-31 | 1 | $3.9M | $3.8M | 0.84% |
| HYLB Xtrackers USD High Yield Corporate Bond ETF | 2026-05-29 | 1 | $3.4M | $3.4M | 0.10% |
| HYS PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund | 2026-06-30 | 1 | $2.2M | $2.2M | 0.13% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 1 | $2.1M | $2.1M | 0.09% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 1 | $1.9M | $1.9M | 0.07% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 1 | $1.4M | $1.3M | 0.00% |
| CGMS Capital Group U.S. Multi-Sector Income ETF | 2026-06-30 | 1 | $1.3M | $1.3M | 0.03% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 8.21: safer than 73% of companies (75th percentile in Industrials). Market-implied, prices to 2026-10-16, balance sheet 2026-07-03.
| Equity value | $14.70B |
| Debt barrier (short-term + ½ long-term debt) | $3.08B |
| Equity volatility (1 year) | 25.8% |
| Asset value / asset volatility (solved) | $17.65B / 21.5% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 108 bp spread prices in about 1.8% 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'' = 1.30 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in ARMK'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 | 55 | $39.1M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 534 | $14.39B | 8 | $29.8M | 12 | $48.2M | 0 |
| 2026-03-31 | 452 | $8.98B | 6 | $3.7M | 9 | $7.8M | 0 |
| 2025-12-31 | 425 | $9.31B | 10 | $23.8M | 9 | $22.9M | 0 |
| 2025-09-30 | 383 | $9.64B | 11 | $32.1M | 8 | $29.5M | 0 |
| 2025-06-30 | 351 | $10.01B | 10 | $26.3M | 11 | $25.0M | 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.