Barings BDC, Inc. bonds BBDC
Who owns Barings BDC, 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. BBDC 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 |
|---|---|---|---|---|---|---|---|---|---|
| 06759LAC7 | 3.3% fixed | 2026-11-23 | USD | 99.50 | 4.93% | 117 bp | 5 | $7.5M | Jul 2026 |
| 06759LAE3 | 5.2% fixed | 2028-09-15 | USD | 98.54 | 5.94% | 172 bp | 9 | $14.1M | Jul 2026 |
| 06759LAD5 | 7% fixed | 2029-02-15 | USD | 101.93 | 6.17% | 193 bp | 8 | $4.3M | 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 |
|---|---|---|---|---|---|---|
| Jul 2026 | 3 | $25.9M | 99.50 | 6.05% | 182 bp | 9 |
| Jun 2026 | 2 | $44.7M | 100.00 | 6.15% | 203 bp | 24 |
| May 2026 | 2 | $14.5M | 99.98 | 6.16% | 214 bp | 12 |
| Apr 2026 | 3 | $23.0M | 98.93 | 6.21% | 240 bp | 9 |
| Mar 2026 | 2 | $44.2M | 99.26 | 6.45% | 273 bp | 24 |
| Feb 2026 | 2 | $14.8M | 100.86 | 5.81% | 230 bp | 12 |
| Jan 2026 | 3 | $15.0M | 99.65 | 5.57% | 198 bp | 8 |
| Dec 2025 | 2 | $45.0M | 101.39 | 5.61% | 207 bp | 24 |
| Nov 2025 | 3 | $15.8M | 99.58 | 5.58% | 202 bp | 12 |
| Oct 2025 | 3 | $12.0M | 99.50 | 5.39% | 186 bp | 9 |
| Sep 2025 | 3 | $48.5M | 99.27 | 5.47% | 192 bp | 21 |
| Aug 2025 | 2 | $10.1M | 100.95 | 5.32% | 155 bp | 6 |
| Jul 2025 | 2 | $8.6M | 100.64 | 5.51% | 157 bp | 12 |
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. 14 added, 5 cut, 1 new holders and 0 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Holbrook Income Fund Two Roads Shared Trust | 2026-07-31 | $9.5M | $9.4M | $0 |
| State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $7.5M | $7.5M | $40K |
| Weitz Core Plus Income Fund Weitz Funds | 2026-06-30 | $7.0M | $7.1M | $0 |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $6.7M | $6.8M | $0 |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $5.8M | $5.8M | $0 |
| iShares iBonds Dec 2026 Term Corporate ETF iShares Trust | 2026-07-31 | $4.3M | $4.3M | $985K |
| NVIT Loomis Core Bond Fund Nationwide Variable Insurance Trust | 2026-06-30 | $3.6M | $3.5M | $0 |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $3.4M | $3.4M | -$365K |
| iShares iBonds Dec 2029 Term Corporate ETF iShares Trust | 2026-07-31 | $2.7M | $2.7M | $96K |
| Weitz Short Durations Income Fund Weitz Funds | 2026-06-30 | $2.8M | $2.7M | $0 |
| State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $2.7M | $2.6M | $34K |
| iShares iBonds 2026 Term High Yield and Income ETF iShares Trust | 2026-07-31 | $2.6M | $2.6M | $1.8M |
| First Trust Alternative Opportunities Fund | 2026-06-30 | $2.5M | $2.5M | $0 |
| Multi-Manager Total Return Bond Strategies Fund COLUMBIA FUNDS SERIES TRUST I | 2026-05-31 | $2.6M | $2.5M | $0 |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $2.5M | $2.5M | $0 |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $2.2M | $2.2M | $0 |
| iShares iBonds Dec 2028 Term Corporate ETF iShares Trust | 2026-07-31 | $2.2M | $2.1M | -$128K |
| RiverNorth Opportunities Fund Inc. RIVERNORTH OPPORTUNITIES FUND INC. | 2026-06-30 | $2.0M | $2.0M | $0 |
| NVIT Loomis Short Term Bond Fund Nationwide Variable Insurance Trust | 2026-06-30 | $1.5M | $1.5M | $0 |
| Hilton BDC Corporate Bond ETF Tidal Trust II | 2026-07-31 | $1.2M | $1.2M | $42K |
| Nationwide Loomis Core Bond Fund Nationwide Mutual Funds | 2026-07-31 | $910K | $896K | $0 |
| Catholic Responsible Investments Bond Fund Catholic Responsible Investments Funds | 2026-07-31 | $630K | $620K | $0 |
| Opportunistic Credit Fund RUSSELL INVESTMENT CO | 2026-07-31 | $603K | $615K | -$105K |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $555K | $553K | $0 |
| iShares Core Universal USD Bond ETF iShares Trust | 2026-07-31 | $550K | $551K | $95K |
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 |
|---|---|---|---|---|---|
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 2 | $7.5M | $7.5M | 0.07% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 2 | $6.7M | $6.8M | 0.01% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 2 | $5.8M | $5.8M | 0.01% |
| IBDR iShares iBonds Dec 2026 Term Corporate ETF | 2026-07-31 | 1 | $4.3M | $4.3M | 0.13% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $3.4M | $3.4M | 0.02% |
| IBDU iShares iBonds Dec 2029 Term Corporate ETF | 2026-07-31 | 1 | $2.7M | $2.7M | 0.07% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 2 | $2.7M | $2.6M | 0.02% |
| IBHF iShares iBonds 2026 Term High Yield and Income ETF | 2026-07-31 | 1 | $2.6M | $2.6M | 0.32% |
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 1 | $2.5M | $2.5M | 0.00% |
| IBDT iShares iBonds Dec 2028 Term Corporate ETF | 2026-07-31 | 1 | $2.2M | $2.1M | 0.05% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $555K | $553K | 0.00% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 2 | $550K | $551K | 0.00% |
| SPBO State Street(R) SPDR Portfolio Corporate Bond ETF | 2026-06-30 | 2 | $484K | $482K | 0.02% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 2 | $370K | $371K | 0.00% |
| SCHZ Schwab U.S. Aggregate Bond ETF | 2026-06-30 | 2 | $250K | $249K | 0.00% |
Default risk, three ways
Stock market: distance-to-default
Not computed: financial company (banks, insurers, BDCs and REITs carry leverage as their business, which the model misreads).
Bond market: priced-in odds
A 182 bp spread prices in about 3.0% 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 BBDC'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 | $8.6M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 195 | $419.0M | 2 | $993K | 4 | $320K | 0 |
| 2026-03-31 | 203 | $371.8M | 1 | $823 | 2 | $144K | 0 |
| 2025-12-31 | 210 | $407.3M | 1 | $7K | 5 | $1.0M | 0 |
| 2025-09-30 | 204 | $373.7M | 2 | $91K | 3 | $554K | 0 |
| 2025-06-30 | 191 | $388.2M | 3 | $98K | 4 | $592K | 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.