American Axle & Manufacturing Holdings, Inc. bonds AXL
Who owns American Axle & Manufacturing Holdings, 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. AXL 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 |
|---|---|---|---|---|---|---|---|---|---|
| 02406PBA7 | 6.875% fixed | 2028-07-01 | USD | 100.00 | 6.87% | 266 bp | 7 | $4.1M | Jul 2026 |
| 02406PBB5 | 5% fixed | 2029-10-01 | USD | 96.68 | 6.17% | 190 bp | 25 | $48.4M | Jul 2026 |
| 02406PBC3 | 6.375% fixed | 2032-10-15 | USD | 99.47 | 6.48% | 207 bp | 57 | $100.6M | Jul 2026 |
| 02406PBD1 | 7.75% fixed | 2033-10-15 | USD | 98.46 | 8.03% | 356 bp | 82 | $173.1M | 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 |
|---|---|---|---|---|---|---|
| Aug 2026 partial: filings still arriving | 2 | $70K | 100.29 | 7.01% | 251 bp | 1 |
| Jul 2026 | 4 | $326.2M | 98.97 | 6.67% | 237 bp | 82 |
| Jun 2026 | 4 | $362.7M | 99.24 | 6.50% | 230 bp | 114 |
| May 2026 | 4 | $224.9M | 100.33 | 6.47% | 234 bp | 62 |
| Apr 2026 | 4 | $337.2M | 98.76 | 6.61% | 267 bp | 80 |
| Mar 2026 | 4 | $351.4M | 98.12 | 6.74% | 296 bp | 106 |
| Feb 2026 | 4 | $225.5M | 100.87 | 6.43% | 276 bp | 61 |
| Jan 2026 | 4 | $352.8M | 101.12 | 6.39% | 264 bp | 82 |
| Dec 2025 | 4 | $366.9M | 101.14 | 6.40% | 283 bp | 118 |
| Nov 2025 | 4 | $218.3M | 100.55 | 6.48% | 290 bp | 61 |
| Oct 2025 | 5 | $400.2M | 100.15 | 6.49% | 291 bp | 84 |
| Sep 2025 | 5 | $443.6M | 100.10 | 6.43% | 282 bp | 107 |
| Aug 2025 | 3 | $134.7M | 100.03 | 6.57% | 284 bp | 35 |
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. 110 added, 79 cut, 16 new holders and 23 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD HIGH-YIELD CORPORATE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $89.1M | $87.8M | $0 |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $58.8M | $57.9M | $4.6M |
| Lord Abbett Credit Opportunities Fund | 2026-06-30 | $56.2M | $55.5M | $26.1M |
| The Osterweis Strategic Income Fund Professionally Managed Portfolios | 2026-06-30 | $48.5M | $48.2M | -$16.7M |
| PGIM High Yield Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $40.0M | $40.1M | $3.0M |
| iShares iBoxx $ High Yield Corporate Bond ETF iShares Trust | 2026-05-31 | $36.9M | $36.8M | -$6.1M |
| High Yield Bond Series Manning & Napier Fund, Inc. | 2026-06-30 | $20.7M | $20.6M | $0 |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $19.7M | $19.5M | -$2.4M |
| Allspring Short-Term High Income Fund ALLSPRING FUNDS TRUST | 2026-05-31 | $17.8M | $17.4M | $9.0M |
| State Street(R) SPDR(R) Bloomberg High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $17.1M | $16.9M | $301K |
| Virtus Income & Growth Fund Virtus Investment Trust | 2026-06-30 | $15.1M | $14.9M | $1.5M |
| RBC BlueBay High Yield Bond Fund RBC Funds Trust | 2026-06-30 | $13.1M | $12.9M | $2.5M |
| High Yield Fund Principal Funds, Inc | 2026-07-31 | $12.9M | $12.7M | -$19.6M |
| JPMorgan Income Fund JPMorgan Trust I | 2026-05-31 | $12.7M | $12.4M | -$1.1M |
| NYLIM MacKay High Yield Corporate Bond Fund NYLIM FUNDS | 2026-07-31 | $12.5M | $12.4M | $0 |
| BlackRock High Yield Portfolio BlackRock Funds V | 2026-06-30 | $11.5M | $11.4M | $0 |
| Invesco High Yield Fund AIM Investment Securities Funds (Invesco Investment Securities Funds) | 2026-05-31 | $10.8M | $10.9M | $5.6M |
| Columbia Strategic Income Fund COLUMBIA FUNDS SERIES TRUST I | 2026-05-31 | $9.6M | $9.6M | -$2.7M |
| Shenkman Capital Short Duration High Income Fund Advisors Series Trust | 2026-06-30 | $9.5M | $9.2M | -$216K |
| High Yield Fixed Income Fund Northern Funds | 2026-06-30 | $8.3M | $8.3M | $619K |
| Xtrackers USD High Yield Corporate Bond ETF DBX ETF Trust | 2026-05-29 | $8.1M | $8.1M | -$726K |
| MFS High Income Fund MFS Series Trust III | 2026-07-31 | $7.9M | $7.8M | $2K |
| Western Asset Diversified Income Fund | 2026-06-30 | $7.8M | $7.7M | $2.0M |
| NYLIM VP MacKay High Yield Corporate Bond Portfolio NYLIM VP FUNDS TRUST | 2026-06-30 | $7.2M | $7.1M | -$1.3M |
| iShares Flexible Income Active ETF BlackRock ETF Trust II | 2026-07-31 | $7.0M | $6.9M | -$283K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Fidelity Advisor Multi-Asset Income Fund ($5.2M), JPMorgan Active High Yield ETF ($4.3M), Hartford Dynamic Bond Fund ($2.7M), Harbor Core Plus Fund ($2.4M), Putnam High Yield Fund ($1.7M), Fidelity Enhanced High Yield ETF ($1.1M), FlexShares High Yield Value - Scored Bond Index Fund ($1.1M), THRIVENT MODERATE ALLOCATION PORTFOLIO ($816K), MetLife Opportunistic High Yield Fund ($725K), MFS MULTIMARKET INCOME TRUST ($670K).
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 | 3 | $58.8M | $57.9M | 0.20% |
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | 2026-05-31 | 3 | $36.9M | $36.8M | 0.23% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 3 | $19.7M | $19.5M | 0.17% |
| JNK State Street(R) SPDR(R) Bloomberg High Yield Bond ETF | 2026-06-30 | 3 | $17.1M | $16.9M | 0.23% |
| HYLB Xtrackers USD High Yield Corporate Bond ETF | 2026-05-29 | 3 | $8.1M | $8.1M | 0.23% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 1 | $5.5M | $5.4M | 0.07% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 3 | $5.3M | $5.3M | 0.22% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 4 | $5.0M | $5.0M | 0.20% |
| PHYL PGIM Active High Yield Bond ETF | 2026-05-29 | 2 | $3.6M | $3.7M | 0.28% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 4 | $3.5M | $3.4M | 0.01% |
| FBND Fidelity Total Bond ETF | 2026-05-31 | 2 | $3.0M | $3.0M | 0.01% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 2 | $2.5M | $2.5M | 0.05% |
| HYZD WisdomTree Interest Rate Hedged High Yield Bond Fund | 2026-05-31 | 3 | $2.4M | $2.4M | 1.02% |
| QHY WisdomTree U.S. High Yield Corporate Bond Fund | 2026-06-30 | 3 | $2.2M | $2.2M | 0.91% |
| JPIE JPMorgan Income ETF | 2026-05-31 | 2 | $2.0M | $2.0M | 0.02% |
Default risk, three ways
Stock market: distance-to-default
No stock-market measure for this issuer.
Bond market: priced-in odds
A 237 bp spread prices in about 3.9% 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 AXL'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 | 19 | $3.3M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 298 | $1.30B | 11 | $6.5M | 13 | $47.1M | 0 |
| 2026-03-31 | 282 | $1.33B | 10 | $7.0M | 15 | $52.6M | 0 |
| 2025-12-31 | 259 | $1.02B | 9 | $4.4M | 12 | $30.5M | 0 |
| 2025-09-30 | 246 | $895.8M | 10 | $4.1M | 14 | $20.9M | 0 |
| 2025-06-30 | 229 | $531.7M | 10 | $3.0M | 11 | $20.9M | 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.