Axon Enterprise, Inc. bonds AXON
Who owns Axon Enterprise, 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. AXON 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 |
|---|---|---|---|---|---|---|---|---|---|
| 05464CAC5 | 6.125% fixed | 2030-03-15 | USD | 101.27 | 5.73% | 145 bp | 55 | $127.5M | Jul 2026 |
| 05464CAD3 | 6.25% fixed | 2033-03-15 | USD | 101.44 | 5.98% | 155 bp | 51 | $66.3M | 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 |
|---|---|---|---|---|---|---|
| Aug 2026 partial: filings still arriving | 1 | $27.9M | 101.75 | 5.92% | 144 bp | 1 |
| Jul 2026 | 2 | $193.8M | 101.35 | 5.86% | 150 bp | 55 |
| Jun 2026 | 2 | $260.6M | 102.35 | 5.63% | 139 bp | 99 |
| May 2026 | 2 | $158.8M | 102.30 | 5.65% | 146 bp | 51 |
| Apr 2026 | 2 | $196.6M | 102.49 | 5.61% | 162 bp | 59 |
| Mar 2026 | 2 | $259.5M | 102.01 | 5.73% | 182 bp | 96 |
| Feb 2026 | 2 | $161.7M | 103.48 | 5.41% | 166 bp | 50 |
| Jan 2026 | 3 | $193.0M | 103.62 | 5.47% | 162 bp | 61 |
| Dec 2025 | 3 | $284.0M | 104.30 | 5.36% | 158 bp | 111 |
| Nov 2025 | 3 | $170.0M | 103.93 | 5.42% | 166 bp | 51 |
| Oct 2025 | 3 | $332.0M | 103.47 | 5.52% | 179 bp | 59 |
| Sep 2025 | 3 | $322.6M | 103.13 | 5.56% | 179 bp | 113 |
| Aug 2025 | 3 | $190.1M | 103.42 | 5.54% | 164 bp | 57 |
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. 55 added, 41 cut, 16 new holders and 32 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| American High Income Trust | 2026-06-30 | $52.4M | $53.7M | -$6.1M |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $31.4M | $31.8M | -$797K |
| American Beacon SiM High Yield Opportunities Fund AMERICAN BEACON FUNDS | 2026-05-31 | $27.5M | $28.2M | $0 |
| Lord Abbett Short Duration High Yield Fund LORD ABBETT TRUST I | 2026-07-31 | $25.3M | $25.6M | $0 |
| PGIM High Yield Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $24.8M | $25.4M | $0 |
| iShares iBoxx $ High Yield Corporate Bond ETF iShares Trust | 2026-05-31 | $22.1M | $22.6M | $1.6M |
| PIMCO High Yield Fund PIMCO FUNDS | 2026-06-30 | $17.7M | $18.2M | $3.8M |
| PIMCO Multisector Bond Active Exchange-Traded Fund PIMCO ETF Trust | 2026-06-30 | $17.4M | $17.8M | $1.0M |
| Virtus Income & Growth Fund Virtus Investment Trust | 2026-06-30 | $13.3M | $13.6M | $0 |
| AB HIGH INCOME FUND INC | 2026-07-31 | $11.4M | $11.5M | $0 |
| Asset Allocation Fund AMERICAN FUNDS INSURANCE SERIES | 2026-06-30 | $11.0M | $11.3M | $0 |
| Virtus Artificial Intelligence & Technology Opportunities Fund | 2026-07-31 | $10.6M | $10.7M | $0 |
| State Street(R) SPDR(R) Bloomberg High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $10.2M | $10.4M | -$149K |
| NYLIM MacKay Short Duration High Income Fund NYLIM FUNDS TRUST | 2026-07-31 | $10.0M | $10.1M | $2.0M |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $9.7M | $9.9M | -$726K |
| MFS High Income Fund MFS Series Trust III | 2026-07-31 | $9.1M | $9.3M | $0 |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $9.1M | $9.2M | -$25K |
| T. Rowe Price High Yield Fund, Inc. T. ROWE PRICE HIGH YIELD FUND, INC. | 2026-05-31 | $8.7M | $8.9M | -$295K |
| Shenkman Capital Short Duration High Income Fund Advisors Series Trust | 2026-06-30 | $8.4M | $8.5M | $1.9M |
| Income Fund of America | 2026-07-31 | $7.2M | $7.3M | $0 |
| Eaton Vance Income Fund of Boston Eaton Vance Series Trust II | 2026-07-31 | $7.0M | $7.1M | $0 |
| Fidelity High Income Fund Fidelity Summer Street Trust | 2026-07-31 | $6.7M | $6.8M | $0 |
| BBH Income Fund BBH Trust | 2026-07-31 | $6.1M | $6.2M | $0 |
| High Income Fund American Century Investment Trust | 2026-06-30 | $5.6M | $5.8M | $1.1M |
| Fidelity SAI High Income Fund Fidelity Summer Street Trust | 2026-07-31 | $5.6M | $5.6M | $320K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): LORD ABBETT BOND DEBENTURE FUND INC ($6.0M), BlackRock High Yield Portfolio ($2.6M), Goldman Sachs Income Builder Fund ($1.5M), MFS MULTIMARKET INCOME TRUST ($843K), Loomis Sayles High Income Opportunities Fund ($800K), Loomis Sayles Institutional High Income Fund ($750K), BlackRock Corporate High Yield Fund, Inc. ($630K), Western Asset High Income Fund II Inc. ($580K), ProShares High Yield-Interest Rate Hedged ($338K), THRIVENT MODERATE ALLOCATION PORTFOLIO ($322K).
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 | 2 | $31.4M | $31.8M | 0.11% |
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | 2026-05-31 | 2 | $22.1M | $22.6M | 0.14% |
| JNK State Street(R) SPDR(R) Bloomberg High Yield Bond ETF | 2026-06-30 | 2 | $10.2M | $10.4M | 0.14% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 2 | $9.7M | $9.9M | 0.09% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 1 | $9.1M | $9.2M | 0.12% |
| FLHY Franklin High Yield Corporate ETF | 2026-06-30 | 2 | $5.3M | $5.4M | 0.46% |
| HYLB Xtrackers USD High Yield Corporate Bond ETF | 2026-05-29 | 2 | $5.2M | $5.3M | 0.15% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 1 | $4.4M | $4.5M | 0.09% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 2 | $3.3M | $3.4M | 0.14% |
| PHYL PGIM Active High Yield Bond ETF | 2026-05-29 | 2 | $3.0M | $3.0M | 0.23% |
| FBND Fidelity Total Bond ETF | 2026-05-31 | 2 | $2.9M | $2.9M | 0.01% |
| JPHY JPMorgan Active High Yield ETF | 2026-05-31 | 1 | $2.8M | $2.8M | 0.13% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 2 | $2.8M | $2.8M | 0.11% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 2 | $2.0M | $2.1M | 0.00% |
| JPIE JPMorgan Income ETF | 2026-05-31 | 2 | $1.8M | $1.9M | 0.02% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 5.75: safer than 56% of companies (56th percentile in Industrials). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $31.21B |
| Debt barrier (short-term + ½ long-term debt) | $865.9M |
| Equity volatility (1 year) | 62.0% |
| Asset value / asset volatility (solved) | $32.04B / 60.4% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 150 bp spread prices in about 2.5% 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 = 5.98 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in AXON'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 | 145 | $384.2M | 3 | $475K | 1 | $211K | 1 |
| 2026-06-30 | 1,116 | $38.61B | 39 | $1.53B | 28 | $1.18B | 0 |
| 2026-03-31 | 1,038 | $23.84B | 30 | $869.9M | 32 | $634.0M | 0 |
| 2025-12-31 | 1,122 | $36.45B | 33 | $1.10B | 31 | $805.0M | 23 |
| 2025-09-30 | 1,156 | $44.33B | 36 | $1.24B | 31 | $995.5M | 42 |
| 2025-06-30 | 1,167 | $50.68B | 41 | $1.25B | 31 | $1.12B | 42 |
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.