American Water Works Company, Inc. bonds AWK
Who owns American Water Works 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. AWK 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 |
|---|---|---|---|---|---|---|---|---|---|
| 03040WAQ8 | 2.95% fixed | 2027-09-01 | USD | 98.45 | 4.43% | 36 bp | 11 | $8.2M | Jul 2026 |
| 03040WAS4 | 3.75% fixed | 2028-09-01 | USD | 98.26 | 4.63% | 41 bp | 8 | $6.4M | Jul 2026 |
| 03040WBJ3 | 4.625% fixed | 2029-06-01 | USD | 99.68 | 4.75% | 49 bp | 13 | $39.7M | Jul 2026 |
| 03040WAW5 | 2.8% fixed | 2030-05-01 | USD | 92.97 | 4.87% | 58 bp | 9 | $9.1M | Jul 2026 |
| 03040WAY1 | 2.3% fixed | 2031-06-01 | USD | 88.55 | 4.99% | 67 bp | 12 | $11.3M | Jul 2026 |
| 03040WBA2 | 4.45% fixed | 2032-06-01 | USD | 97.21 | 5.01% | 62 bp | 9 | $6.0M | Jul 2026 |
| 03040WBD6 | 5.15% fixed | 2034-03-01 | USD | 99.30 | 5.26% | 78 bp | 9 | $35.4M | Jul 2026 |
| 03040WBF1 | 5.25% fixed | 2035-03-01 | USD | 99.19 | 5.37% | 83 bp | 11 | $12.0M | Jul 2026 |
| 03040WAD7 | 6.593% fixed | 2037-10-15 | USD | 109.02 | 5.50% | 84 bp | 8 | $3.0M | Jul 2026 |
| 03040WAM7 | 4.3% fixed | 2045-09-01 | USD | 80.60 | 6.02% | 96 bp | 3 | $782K | Jul 2026 |
| 03040WAR6 | 3.75% fixed | 2047-09-01 | USD | 72.67 | 6.06% | 96 bp | 6 | $1.2M | Jul 2026 |
| 03040WAT2 | 4.2% fixed | 2048-09-01 | USD | 76.79 | 6.13% | 102 bp | 5 | $1.2M | Jul 2026 |
| 03040WAV7 | 4.15% fixed | 2049-06-01 | USD | 76.14 | 6.10% | 99 bp | 4 | $893K | Jul 2026 |
| 03040WAX3 | 3.45% fixed | 2050-05-01 | USD | 67.13 | 6.08% | 98 bp | 6 | $2.3M | Jul 2026 |
| 03040WBC8 | 5.45% fixed | 2054-03-01 | USD | 91.01 | 6.13% | 103 bp | 7 | $1.3M | Jul 2026 |
| 03040WBG9 | 5.7% fixed | 2055-09-01 | USD | 94.61 | 6.10% | 100 bp | 14 | $7.9M | 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 | 16 | $146.8M | 93.79 | 5.44% | 84 bp | 14 |
| Jun 2026 | 16 | $550.0M | 96.99 | 5.15% | 68 bp | 42 |
| May 2026 | 17 | $435.4M | 98.25 | 5.09% | 60 bp | 22 |
| Apr 2026 | 16 | $172.0M | 96.16 | 5.18% | 80 bp | 13 |
| Mar 2026 | 16 | $501.2M | 96.36 | 5.15% | 85 bp | 29 |
| Feb 2026 | 16 | $428.6M | 98.59 | 4.87% | 66 bp | 21 |
| Jan 2026 | 16 | $171.0M | 97.81 | 5.05% | 74 bp | 17 |
| Dec 2025 | 16 | $583.7M | 97.81 | 5.09% | 78 bp | 38 |
| Nov 2025 | 16 | $429.8M | 98.60 | 4.97% | 73 bp | 21 |
| Oct 2025 | 16 | $194.5M | 98.47 | 5.10% | 84 bp | 18 |
| Sep 2025 | 16 | $580.6M | 98.45 | 5.08% | 77 bp | 36 |
| Aug 2025 | 16 | $442.4M | 97.02 | 5.10% | 74 bp | 22 |
| Jul 2025 | 15 | $180.9M | 96.43 | 5.21% | 73 bp | 14 |
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. 71 added, 33 cut, 39 new holders and 28 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 | $131.9M | $125.8M | $9.1M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $122.3M | $116.3M | $14.2M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $76.1M | $74.5M | -$12.2M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $45.7M | $44.6M | $15.0M |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $45.2M | $40.9M | $1.8M |
| iShares iBoxx $ Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $33.3M | $32.7M | -$8.4M |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $31.0M | $31.4M | $0 |
| State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $27.3M | $27.1M | $18.0M |
| DNP Select Income Fund Inc | 2026-07-31 | $25.0M | $24.8M | $0 |
| VANGUARD WELLINGTON FUND | 2026-05-31 | $25.2M | $24.0M | $0 |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $24.4M | $23.8M | $135K |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $21.4M | $21.1M | $100K |
| VANGUARD LONG-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $21.8M | $19.2M | $2.3M |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $19.0M | $18.9M | new |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $19.4M | $18.0M | $1.0M |
| College Retirement Equities Fund - Core Bond Account College Retirement Equities Fund | 2026-06-30 | $19.2M | $16.9M | $0 |
| State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $16.0M | $15.8M | $8.1M |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $15.9M | $15.7M | $2.6M |
| Fidelity Series Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $16.9M | $15.6M | $2.5M |
| Nuveen Core Bond Fund TIAA-CREF Funds | 2026-06-30 | $17.3M | $15.5M | $0 |
| Nuveen Core Impact Bond Fund TIAA-CREF Funds | 2026-06-30 | $15.2M | $15.3M | $0 |
| College Retirement Equities Fund - Responsible Balanced Account College Retirement Equities Fund | 2026-06-30 | $15.1M | $15.1M | $0 |
| Schwab 5-10 Year Corporate Bond ETF SCHWAB STRATEGIC TRUST | 2026-06-30 | $14.8M | $14.5M | $1.1M |
| VANGUARD WELLESLEY INCOME FUND | 2026-06-30 | $14.0M | $13.8M | $0 |
| ALPS | Smith Total Return Bond Fund FINANCIAL INVESTORS TRUST | 2026-07-31 | $13.2M | $13.1M | $1.3M |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Calamos Market Neutral Income Fund ($50.0M), iShares Convertible Bond ETF ($15.6M), State Street(R) SPDR(R) Bloomberg Convertible Securities ETF ($13.4M), Victory Investment Grade Convertible Fund ($6.1M), RBC BlueBay Impact Bond Fund ($5.9M), AQR Diversified Arbitrage Fund ($5.6M), JPMorgan Global Active Allocation Portfolio ($2.6M), Impact Bond Fund ($2.1M), THE HARTFORD INFLATION PLUS FUND ($1.6M), Impax Core Bond Fund ($1.5M).
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 | 15 | $131.9M | $125.8M | 0.03% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 4 | $76.1M | $74.5M | 0.11% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 4 | $45.7M | $44.6M | 0.09% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 16 | $45.2M | $40.9M | 0.03% |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 2026-05-31 | 5 | $33.3M | $32.7M | 0.11% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 7 | $27.3M | $27.1M | 0.23% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 4 | $24.4M | $23.8M | 0.05% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 4 | $21.4M | $21.1M | 0.12% |
| VCLT VANGUARD LONG-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 8 | $21.8M | $19.2M | 0.21% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 16 | $19.4M | $18.0M | 0.10% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 3 | $16.0M | $15.8M | 0.15% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 4 | $15.9M | $15.7M | 0.02% |
| SCHI Schwab 5-10 Year Corporate Bond ETF | 2026-06-30 | 4 | $14.8M | $14.5M | 0.13% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 4 | $13.2M | $12.9M | 0.06% |
| FIXD First Trust Smith Opportunistic Fixed Income ETF | 2026-05-31 | 1 | $10.8M | $11.0M | 0.33% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 8.36: safer than 74% of companies (77th percentile in Utilities). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $26.57B |
| Debt barrier (short-term + ½ long-term debt) | $8.97B |
| Equity volatility (1 year) | 22.1% |
| Asset value / asset volatility (solved) | $35.16B / 16.7% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 84 bp spread prices in about 1.4% 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'' = 0.83 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in AWK'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 | 158 | $487.5M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 1,119 | $25.72B | 15 | $49.1M | 13 | $112.3M | 0 |
| 2026-03-31 | 1,124 | $20.79B | 22 | $60.1M | 15 | $130.5M | 1 |
| 2025-12-31 | 1,119 | $23.25B | 16 | $51.2M | 17 | $71.1M | 1 |
| 2025-09-30 | 1,116 | $24.27B | 14 | $61.1M | 16 | $65.7M | 1 |
| 2025-06-30 | 1,101 | $23.80B | 16 | $45.3M | 13 | $79.3M | 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.