B2Gold Corp. bonds BTG
Who owns B2Gold Corp.'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. BTG 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 |
|---|---|---|---|---|---|---|---|---|---|
| 11777QAC4 convertible | 2.75% fixed | 2030-02-01 | USD | 140.21 | — | — | 7 | $54.0M | Jul 2026 |
Spread history
Median spread of the US-dollar bonds over Treasuries, month-ends with complete filings. Fund-reported.
Not enough US-dollar bonds with a yield.
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 | 1 | $54.0M | 140.21 | — | — | 7 |
| Jun 2026 | 1 | $24.6M | 139.37 | — | — | 22 |
| May 2026 | 1 | $658K | 165.84 | — | — | 4 |
| Apr 2026 | 1 | $57.1M | 160.92 | — | — | 7 |
| Mar 2026 | 1 | $21.9M | 161.58 | — | — | 14 |
| Feb 2026 | 1 | $502K | 205.69 | — | — | 3 |
| Jan 2026 | 1 | $66.1M | 172.18 | — | — | 5 |
| Dec 2025 | 1 | $22.6M | 160.03 | — | — | 6 |
| Nov 2025 | 1 | $814K | 162.42 | — | — | 1 |
| Oct 2025 | 1 | $56.9M | 155.98 | — | — | 5 |
| Sep 2025 | 1 | $30.8M | 168.90 | — | — | 6 |
| Aug 2025 | 1 | $6.1M | 146.06 | — | — | 2 |
| Jul 2025 | 1 | $46.6M | 128.56 | — | — | 4 |
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. 18 added, 0 cut, 8 new holders and 0 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Franklin Convertible Securities Fund Franklin Investors Securities Trust | 2026-07-31 | $25.3M | $35.5M | $0 |
| iShares Convertible Bond ETF iShares Trust | 2026-07-31 | $9.7M | $13.5M | $1.7M |
| State Street(R) SPDR(R) Bloomberg Convertible Securities ETF SPDR SERIES TRUST | 2026-06-30 | $7.2M | $10.0M | $1.8M |
| ABSOLUTE CONVERTIBLE ARBITRAGE FUND Unified Series Trust | 2026-06-30 | $6.5M | $9.1M | $0 |
| WESTWOOD ALTERNATIVE INCOME FUND Ultimus Managers Trust | 2026-07-31 | $2.0M | $2.8M | $1.0M |
| JNL Multi-Manager Alternative Fund JNL Series Trust | 2026-06-30 | $1.1M | $1.5M | $953K |
| Franklin Natural Resources Fund Franklin Strategic Series | 2026-07-31 | $933K | $1.3M | $0 |
| Loomis Sayles Strategic Income Fund LOOMIS SAYLES FUNDS II | 2026-06-30 | $798K | $1.1M | $103K |
| Loomis Sayles Investment Grade Bond Fund LOOMIS SAYLES FUNDS II | 2026-06-30 | $589K | $818K | new |
| PACE Alternative Strategies Investments PACE SELECT ADVISORS TRUST | 2026-07-31 | $485K | $678K | $281K |
| Franklin Alternative Strategies Fund Franklin Alternative Strategies Funds | 2026-05-29 | $305K | $506K | $84K |
| Bridge Builder Core Plus Bond Fund Bridge Builder Trust | 2026-06-30 | $329K | $457K | new |
| Empower Multi-Sector Bond Fund EMPOWER FUNDS, INC. | 2026-06-30 | $240K | $333K | $96K |
| Empower Core Strategies: Flexible Bond Fund EMPOWER FUNDS, INC. | 2026-06-30 | $212K | $295K | $27K |
| Loomis Sayles Fixed Income Fund LOOMIS SAYLES FUNDS I | 2026-06-30 | $142K | $197K | $18K |
| Loomis Sayles High Income Opportunities Fund LOOMIS SAYLES FUNDS I | 2026-06-30 | $112K | $156K | $38K |
| Loomis Sayles Institutional High Income Fund LOOMIS SAYLES FUNDS I | 2026-06-30 | $106K | $147K | $34K |
| Virtus Newfleet Multi-Sector Intermediate Bond Fund Virtus Opportunities Trust | 2026-06-30 | $97K | $135K | new |
| Virtus Newfleet Multi-Sector Bond ETF ETFis Series Trust I | 2026-07-31 | $87K | $122K | $45K |
| 1290 VT Convertible Securities Portfolio EQ Advisors Trust | 2026-06-30 | $87K | $121K | $0 |
| Loomis Sayles Senior Floating Rate and Fixed Income Fund Natixis Funds Trust II | 2026-05-31 | $63K | $104K | $48K |
| Virtus Global Allocation Fund Virtus Strategy Trust | 2026-06-30 | $55K | $76K | $0 |
| Loomis Sayles High Income Fund LOOMIS SAYLES FUNDS II | 2026-06-30 | $42K | $58K | $3K |
| Morningstar Multisector Bond Fund Morningstar Funds Trust | 2026-07-31 | $30K | $42K | $3K |
| Diversified Bond Portfolio PACIFIC SELECT FUND | 2026-06-30 | $23K | $32K | new |
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.
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 5.63: safer than 55% of companies (61th percentile in Basic Materials). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $6.90B |
| Debt barrier (short-term + ½ long-term debt) | $222.1M |
| Equity volatility (1 year) | 61.0% |
| Asset value / asset volatility (solved) | $7.11B / 59.2% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
No US-dollar bond with a yield to compute it from.
Accounts: Altman Z
Altman Z'' = 4.61 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in BTG'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 | 29 | $59.8M | 0 | — | 1 | $52K | 0 |
| 2026-06-30 | 294 | $2.89B | 16 | $45.6M | 20 | $34.4M | 0 |
| 2026-03-31 | 288 | $2.66B | 12 | $33.7M | 25 | $88.8M | 0 |
| 2025-12-31 | 283 | $2.99B | 13 | $51.1M | 22 | $47.1M | 0 |
| 2025-09-30 | 280 | $3.09B | 12 | $36.5M | 15 | $29.3M | 2 |
| 2025-06-30 | 250 | $2.29B | 14 | $24.3M | 16 | $23.9M | 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.