Avery Dennison Corporation bonds AVY
Who owns Avery Dennison Corporation'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. AVY 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 |
|---|---|---|---|---|---|---|---|---|---|
| 053611AJ8 | 4.875% fixed | 2028-12-06 | USD | 100.22 | 4.77% | 54 bp | 11 | $15.6M | Jul 2026 |
| 053611AK5 | 2.65% fixed | 2030-04-30 | USD | 92.02 | 5.01% | 72 bp | 10 | $5.2M | Jul 2026 |
| 053611AM1 | 2.25% fixed | 2032-02-15 | USD | 86.25 | 5.13% | 77 bp | 8 | $7.4M | Jul 2026 |
| 053611AB5 | 6% fixed | 2033-01-15 | USD | 104.00 | 5.28% | 100 bp | 1 | $213K | May 2026 |
| 053611AN9 | 5.75% fixed | 2033-03-15 | USD | 102.81 | 5.24% | 80 bp | 6 | $2.7M | Jul 2026 |
| 053611AQ2 | 3.75% fixed | 2034-11-04 | EUR | 97.25 | 4.15% | — | 3 | $12.6M | Jul 2026 |
| 053611AR0 | 4% fixed | 2035-09-11 | EUR | 98.38 | 4.22% | — | 2 | $624K | 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 | 6 | $44.0M | 97.82 | 5.07% | 75 bp | 11 |
| Jun 2026 | 5 | $120.2M | 100.49 | 4.86% | 64 bp | 22 |
| May 2026 | 5 | $100.0M | 100.78 | 4.84% | 71 bp | 22 |
| Apr 2026 | 6 | $43.6M | 98.23 | 4.75% | 80 bp | 12 |
| Mar 2026 | 6 | $122.3M | 99.43 | 4.78% | 91 bp | 22 |
| Feb 2026 | 5 | $98.0M | 102.02 | 4.35% | 59 bp | 21 |
| Jan 2026 | 6 | $44.1M | 100.31 | 4.44% | 64 bp | 13 |
| Dec 2025 | 6 | $116.2M | 101.30 | 4.44% | 71 bp | 22 |
| Nov 2025 | 4 | $73.0M | 97.84 | 4.40% | 68 bp | 18 |
| Oct 2025 | 6 | $47.0M | 101.06 | 4.51% | 82 bp | 15 |
| Sep 2025 | 5 | $120.7M | 100.18 | 4.56% | 85 bp | 30 |
| Aug 2025 | 4 | $70.8M | 97.34 | 4.59% | 73 bp | 19 |
| Jul 2025 | 5 | $31.7M | 98.34 | 4.81% | 78 bp | 13 |
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. 33 added, 11 cut, 4 new holders and 3 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $30.5M | $29.7M | -$2.1M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $30.4M | $29.3M | $3.9M |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $26.7M | $26.2M | $132K |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $22.0M | $21.7M | $0 |
| Thornburg Strategic Income Fund THORNBURG INVESTMENT TRUST | 2026-06-30 | $16.4M | $17.2M | $0 |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $10.0M | $9.6M | -$515K |
| Baird Core Plus Bond Fund Baird Funds Inc | 2026-06-30 | $10.2M | $9.4M | $0 |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $9.1M | $9.1M | $0 |
| VANGUARD TOTAL INTERNATIONAL BOND II INDEX FUND VANGUARD CHARLOTTE FUNDS | 2026-07-31 | $6.0M | $6.7M | $0 |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $6.3M | $6.6M | $145K |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $6.7M | $6.3M | $325K |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $5.9M | $5.7M | $470K |
| VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND VANGUARD CHARLOTTE FUNDS | 2026-07-31 | $5.0M | $5.6M | $0 |
| SBH PLUS BOND FUND Segall Bryant & Hamill Trust | 2026-06-30 | $5.3M | $4.8M | $0 |
| State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $4.9M | $4.6M | $338K |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $4.3M | $4.4M | $0 |
| Schwab 5-10 Year Corporate Bond ETF SCHWAB STRATEGIC TRUST | 2026-06-30 | $4.5M | $4.3M | $210K |
| Victory Income Fund Victory Portfolios III | 2026-07-31 | $4.8M | $4.1M | $0 |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $4.0M | $3.8M | $165K |
| iShares iBonds Dec 2028 Term Corporate ETF iShares Trust | 2026-07-31 | $3.8M | $3.8M | $227K |
| State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $3.6M | $3.7M | $0 |
| Invesco BulletShares 2030 Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $3.4M | $3.1M | $180K |
| Fidelity Series Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $3.1M | $3.1M | $0 |
| iShares Core Universal USD Bond ETF iShares Trust | 2026-07-31 | $3.2M | $3.0M | $420K |
| iShares iBonds Dec 2030 Term Corporate ETF iShares Trust | 2026-07-31 | $2.8M | $2.6M | $427K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Empower Global Bond Fund ($268K), Opportunistic Credit Fund ($117K), SIT International Fixed Income Fund ($107K).
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 |
|---|---|---|---|---|---|
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 2 | $30.5M | $29.7M | 0.04% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 2 | $30.4M | $29.3M | 0.06% |
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 3 | $26.7M | $26.2M | 0.01% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 4 | $10.0M | $9.6M | 0.01% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 1 | $6.3M | $6.6M | 0.01% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $6.7M | $6.3M | 0.03% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $5.9M | $5.7M | 0.03% |
| BNDX VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND | 2026-07-31 | 1 | $5.0M | $5.6M | 0.00% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 3 | $4.9M | $4.6M | 0.04% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 1 | $4.3M | $4.4M | 0.01% |
| SCHI Schwab 5-10 Year Corporate Bond ETF | 2026-06-30 | 2 | $4.5M | $4.3M | 0.04% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 4 | $4.0M | $3.8M | 0.02% |
| IBDT iShares iBonds Dec 2028 Term Corporate ETF | 2026-07-31 | 1 | $3.8M | $3.8M | 0.09% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 1 | $3.6M | $3.7M | 0.03% |
| BSCU Invesco BulletShares 2030 Corporate Bond ETF | 2026-05-31 | 1 | $3.4M | $3.1M | 0.12% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 9.14: safer than 78% of companies (76th percentile in Consumer Cyclical). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $13.35B |
| Debt barrier (short-term + ½ long-term debt) | $2.09B |
| Equity volatility (1 year) | 25.3% |
| Asset value / asset volatility (solved) | $15.35B / 22.0% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 75 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
Altman Z = 3.50 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in AVY'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 | 82 | $238.8M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 773 | $11.39B | 9 | $43.2M | 7 | $8.6M | 0 |
| 2026-03-31 | 776 | $9.18B | 6 | $2.4M | 8 | $11.6M | 0 |
| 2025-12-31 | 789 | $12.32B | 4 | $16.4M | 7 | $16.9M | 0 |
| 2025-09-30 | 729 | $10.85B | 5 | $5.1M | 4 | $4.0M | 0 |
| 2025-06-30 | 754 | $11.74B | 3 | $4.0M | 5 | $11.8M | 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.