AutoZone, Inc. bonds AZO
Who owns AutoZone, 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. AZO 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 |
|---|---|---|---|---|---|---|---|---|---|
| 053332AV4 | 3.75% fixed | 2027-06-01 | USD | 99.42 | 4.46% | 48 bp | 8 | $6.4M | Jul 2026 |
| 053332BC5 | 4.5% fixed | 2028-02-01 | USD | 99.85 | 4.60% | 47 bp | 10 | $45.1M | Jul 2026 |
| 053332BG6 | 6.25% fixed | 2028-11-01 | USD | 103.11 | 4.77% | 54 bp | 12 | $22.6M | Jul 2026 |
| 053332AW2 | 3.75% fixed | 2029-04-18 | USD | 97.40 | 4.78% | 53 bp | 9 | $27.8M | Jul 2026 |
| 053332BJ0 | 5.1% fixed | 2029-07-15 | USD | 101.03 | 4.72% | 46 bp | 8 | $28.8M | Jul 2026 |
| 053332AZ5 | 4% fixed | 2030-04-15 | USD | 96.77 | 4.96% | 68 bp | 13 | $7.8M | Jul 2026 |
| 053332BM3 | 5.125% fixed | 2030-06-15 | USD | 100.54 | 4.97% | 68 bp | 10 | $5.7M | Jul 2026 |
| 053332BA9 | 1.65% fixed | 2031-01-15 | USD | 86.58 | 5.05% | 74 bp | 14 | $8.0M | Jul 2026 |
| 053332BN1 | 4.95% fixed | 2031-07-15 | USD | 99.36 | 5.10% | 77 bp | 11 | $39.2M | Jul 2026 |
| 053332BB7 | 4.75% fixed | 2032-08-01 | USD | 97.81 | 5.18% | 78 bp | 9 | $33.5M | Jul 2026 |
| 053332BD3 | 4.75% fixed | 2033-02-01 | USD | 97.16 | 5.27% | 84 bp | 10 | $6.2M | Jul 2026 |
| 053332BF8 | 5.2% fixed | 2033-08-01 | USD | 99.12 | 5.35% | 89 bp | 10 | $6.1M | Jul 2026 |
| 053332BH4 | 6.55% fixed | 2033-11-01 | USD | 106.69 | 5.42% | 95 bp | 10 | $5.9M | Jul 2026 |
| 053332BK7 | 5.4% fixed | 2034-07-15 | USD | 99.68 | 5.45% | 94 bp | 10 | $51.2M | 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 | 14 | $294.3M | 99.39 | 5.05% | 74 bp | 14 |
| Jun 2026 | 14 | $515.4M | 99.97 | 4.79% | 60 bp | 33 |
| May 2026 | 14 | $583.0M | 100.12 | 4.68% | 59 bp | 31 |
| Apr 2026 | 14 | $339.7M | 100.19 | 4.62% | 73 bp | 16 |
| Mar 2026 | 15 | $583.5M | 100.17 | 4.66% | 86 bp | 37 |
| Feb 2026 | 15 | $598.7M | 101.19 | 4.19% | 56 bp | 31 |
| Jan 2026 | 15 | $376.8M | 100.79 | 4.36% | 63 bp | 15 |
| Dec 2025 | 15 | $602.9M | 100.87 | 4.33% | 67 bp | 38 |
| Nov 2025 | 15 | $604.4M | 101.14 | 4.27% | 62 bp | 28 |
| Oct 2025 | 15 | $355.7M | 100.78 | 4.36% | 73 bp | 14 |
| Sep 2025 | 15 | $590.7M | 100.83 | 4.35% | 71 bp | 40 |
| Aug 2025 | 15 | $603.2M | 100.69 | 4.37% | 60 bp | 28 |
| Jul 2025 | 15 | $332.5M | 100.31 | 4.61% | 67 bp | 18 |
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. 58 added, 64 cut, 9 new holders and 29 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $128.4M | $128.2M | $11.1M |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $117.8M | $116.7M | -$22.6M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $102.9M | $101.9M | -$14.3M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $96.8M | $96.3M | -$4.1M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $81.5M | $80.4M | -$1.7M |
| VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $76.3M | $75.6M | -$19.5M |
| VANGUARD INSTITUTIONAL INTERMEDIATE-TERM BOND FUND VANGUARD MALVERN FUNDS | 2026-06-30 | $45.0M | $45.5M | $0 |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $33.8M | $33.7M | -$610K |
| Strategic Advisers Fidelity Core Income Fund Fidelity Rutland Square Trust II | 2026-05-31 | $28.6M | $28.5M | $0 |
| JPMorgan Ultra-Short Income ETF J.P. Morgan Exchange-Traded Fund Trust | 2026-05-31 | $28.4M | $28.4M | -$6.0M |
| Fidelity Series Investment Grade Bond Fund Fidelity Salem Street Trust | 2026-05-31 | $28.9M | $28.3M | $0 |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $27.6M | $27.8M | $5.8M |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $27.4M | $27.0M | -$2.0M |
| Fidelity Investment Grade Bond Fund Fidelity Salem Street Trust | 2026-05-31 | $26.8M | $26.4M | $0 |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $24.6M | $24.3M | -$885K |
| Fidelity Investment Grade Bond Central Fund Fidelity Central Investment Portfolios II LLC | 2026-06-30 | $22.1M | $21.6M | $0 |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $20.1M | $19.9M | $0 |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $18.9M | $19.2M | -$455K |
| JPMorgan Managed Income Fund JPMorgan Trust I | 2026-05-31 | $16.7M | $16.8M | -$2.8M |
| Schwab 5-10 Year Corporate Bond ETF SCHWAB STRATEGIC TRUST | 2026-06-30 | $15.2M | $15.4M | $1.8M |
| VANGUARD INSTITUTIONAL SHORT-TERM BOND FUND VANGUARD MALVERN FUNDS | 2026-06-30 | $15.0M | $15.0M | $0 |
| BlackRock Systematic Multi-Strategy Fund BlackRock Funds IV | 2026-06-30 | $14.0M | $14.0M | $0 |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $13.6M | $13.5M | -$60K |
| State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $13.2M | $13.1M | -$1.5M |
| Fidelity Advisor Limited Term Bond Fund Fidelity Advisor Series II | 2026-05-31 | $12.8M | $13.1M | $5.4M |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Navigator Tactical Fixed Income Fund ($30.7M), AST Multi-Sector Fixed Income Portfolio ($9.5M), MOA CORE BOND FUND ($8.0M), Calamos Market Neutral Income Fund ($5.0M), MOA INTERMEDIATE BOND FUND ($4.0M), iShares iBonds Dec 2026 Term Corporate ETF ($3.4M), Strategic Advisers Fidelity U.S. Total Stock Fund ($2.3M), PIMCO Enhanced Short Maturity Active Exchange-Traded Fund ($2.1M), Large-Cap Plus Bond Alpha Portfolio ($1.7M), SA JPMorgan Ultra-Short Bond Portfolio ($1.7M).
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 | 12 | $117.8M | $116.7M | 0.03% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 5 | $96.8M | $96.3M | 0.14% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 8 | $81.5M | $80.4M | 0.16% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 13 | $33.8M | $33.7M | 0.02% |
| JPST JPMorgan Ultra-Short Income ETF | 2026-05-31 | 1 | $28.4M | $28.4M | 0.07% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 5 | $27.6M | $27.8M | 0.05% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 7 | $27.4M | $27.0M | 0.04% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 8 | $24.6M | $24.3M | 0.11% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 5 | $18.9M | $19.2M | 0.11% |
| SCHI Schwab 5-10 Year Corporate Bond ETF | 2026-06-30 | 5 | $15.2M | $15.4M | 0.13% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 13 | $13.6M | $13.5M | 0.08% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 12 | $13.2M | $13.1M | 0.11% |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $11.3M | $11.1M | 0.04% |
| IBD Inspire Corporate Bond ETF | 2026-05-31 | 1 | $10.2M | $10.1M | 2.17% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 13 | $9.6M | $9.4M | 0.02% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 8.93: safer than 77% of companies (76th percentile in Consumer Cyclical). Market-implied, prices to 2026-10-16, balance sheet 2026-08-29.
| Equity value | $50.58B |
| Debt barrier (short-term + ½ long-term debt) | $4.54B |
| Equity volatility (1 year) | 30.4% |
| Asset value / asset volatility (solved) | $54.93B / 28.0% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 74 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'' = 0.74 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in AZO'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 | 172 | $1.18B | 0 | — | 0 | — | 0 |
| 2026-06-30 | 1,263 | $47.75B | 22 | $1.25B | 23 | $1.55B | 0 |
| 2026-03-31 | 1,280 | $41.69B | 23 | $776.7M | 16 | $1.39B | 0 |
| 2025-12-31 | 1,324 | $49.48B | 21 | $918.7M | 20 | $1.40B | 0 |
| 2025-09-30 | 1,334 | $62.58B | 23 | $1.38B | 25 | $1.42B | 0 |
| 2025-06-30 | 1,290 | $55.98B | 19 | $629.6M | 18 | $662.1M | 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.