Blackstone Mortgage Trust, Inc. bonds BXMT
Who owns Blackstone Mortgage Trust, 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. BXMT 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 |
|---|---|---|---|---|---|---|---|---|---|
| 09257WAD2 | 3.75% fixed | 2027-01-15 | USD | 98.98 | 6.04% | 222 bp | 12 | $5.4M | Jul 2026 |
| 09257WAE0 convertible | 5.5% fixed | 2027-03-15 | USD | 99.50 | — | — | 7 | $10.8M | Jul 2026 |
| 09257WAF7 | 7.75% fixed | 2029-12-01 | USD | 103.36 | 6.61% | 233 bp | 36 | $70.0M | Jul 2026 |
| 09257WAG5 | 6.25% fixed | 2031-06-01 | USD | 95.66 | 7.33% | 300 bp | 38 | $71.7M | 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 | 4 | $157.9M | 99.24 | 6.97% | 267 bp | 38 |
| Jun 2026 | 4 | $144.5M | 99.37 | 6.80% | 262 bp | 31 |
| May 2026 | 3 | $89.4M | 98.80 | 6.57% | 246 bp | 26 |
| Apr 2026 | 3 | $94.2M | 99.62 | 5.81% | 196 bp | 48 |
| Mar 2026 | 3 | $99.0M | 99.31 | 6.19% | 242 bp | 30 |
| Feb 2026 | 3 | $59.1M | 98.55 | 5.75% | 217 bp | 26 |
| Jan 2026 | 3 | $99.7M | 99.19 | 5.63% | 195 bp | 49 |
| Dec 2025 | 3 | $99.6M | 99.07 | 5.24% | 166 bp | 32 |
| Nov 2025 | 3 | $60.8M | 98.60 | 5.70% | 207 bp | 27 |
| Oct 2025 | 3 | $103.6M | 98.91 | 5.81% | 222 bp | 48 |
| Sep 2025 | 3 | $100.8M | 98.37 | 5.94% | 231 bp | 35 |
| Aug 2025 | 3 | $54.9M | 98.02 | 5.72% | 194 bp | 26 |
| Jul 2025 | 3 | $99.4M | 97.98 | 5.99% | 204 bp | 50 |
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. 61 added, 9 cut, 36 new holders and 8 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Lord Abbett Short Duration High Yield Fund LORD ABBETT TRUST I | 2026-07-31 | $34.9M | $34.5M | $15.5M |
| The Osterweis Strategic Income Fund Professionally Managed Portfolios | 2026-06-30 | $26.0M | $27.0M | $0 |
| NYLIM MacKay High Yield Corporate Bond Fund NYLIM FUNDS | 2026-07-31 | $25.1M | $24.9M | $12.8M |
| BlackRock High Yield Portfolio BlackRock Funds V | 2026-06-30 | $22.9M | $22.7M | $0 |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $18.4M | $18.3M | $11.1M |
| Lord Abbett Income Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $14.7M | $14.5M | new |
| NYLIM MacKay Short Duration High Income Fund NYLIM FUNDS TRUST | 2026-07-31 | $11.8M | $11.8M | $5.8M |
| iShares High Yield Systematic Bond ETF iShares Trust | 2026-05-31 | $10.8M | $10.9M | $5.7M |
| Allspring Short-Term High Income Fund ALLSPRING FUNDS TRUST | 2026-05-31 | $9.8M | $9.7M | $0 |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $9.9M | $9.7M | $9.6M |
| Lord Abbett High Yield Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $9.5M | $9.5M | $4.5M |
| Goldman Sachs Dynamic Bond Fund GOLDMAN SACHS TRUST | 2026-06-30 | $8.1M | $7.9M | new |
| NYLIM VP MacKay High Yield Corporate Bond Portfolio NYLIM VP FUNDS TRUST | 2026-06-30 | $7.6M | $7.6M | $3.8M |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $7.4M | $7.4M | $3.3M |
| Guggenheim Macro Opportunities Fund Guggenheim Funds Trust | 2026-06-30 | $7.2M | $7.0M | new |
| State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $6.5M | $6.3M | $6.0M |
| High Yield Fund John Hancock Bond Trust | 2026-05-31 | $5.9M | $6.1M | $1.6M |
| BlackRock Systematic Multi-Strategy Fund BlackRock Funds IV | 2026-06-30 | $5.9M | $6.0M | $3.0M |
| High Yield Fixed Income Fund Northern Funds | 2026-06-30 | $6.0M | $5.9M | $3.8M |
| iShares Convertible Bond ETF iShares Trust | 2026-07-31 | $5.3M | $5.2M | $1.0M |
| Neuberger Strategic Income Fund NEUBERGER BERMAN INCOME FUNDS | 2026-07-31 | $4.8M | $4.8M | $1.7M |
| Greenspring Income Opportunities Fund Manager Directed Portfolios | 2026-06-30 | $4.5M | $4.5M | $0 |
| Goldman Sachs Income Builder Fund GOLDMAN SACHS TRUST | 2026-07-31 | $4.6M | $4.4M | new |
| American Beacon SSI Alternative Income Fund AMERICAN BEACON FUNDS | 2026-06-30 | $3.9M | $3.9M | $0 |
| T. Rowe Price High Yield Fund, Inc. T. ROWE PRICE HIGH YIELD FUND, INC. | 2026-05-31 | $3.7M | $3.9M | -$125K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): SA T. Rowe Price VCP Balanced Portfolio ($400K), BlackRock Multi-Sector Income Trust ($388K), BlackRock Low Duration Bond Portfolio ($170K), BlackRock Core Bond Trust ($149K), State Street(R) Loomis Sayles Opportunistic Bond ETF ($67K), THRIVENT CONSERVATIVE ALLOCATION FUND ($41K), THRIVENT CONSERVATIVE ALLOCATION PORTFOLIO ($26K), THRIVENT DYNAMIC ALLOCATION PORTFOLIO ($14K).
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 | $18.4M | $18.3M | 0.06% |
| HYDB iShares High Yield Systematic Bond ETF | 2026-05-31 | 2 | $10.8M | $10.9M | 0.67% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 2 | $9.9M | $9.7M | 0.09% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 2 | $7.4M | $7.4M | 0.10% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 2 | $6.5M | $6.3M | 0.13% |
| ICVT iShares Convertible Bond ETF | 2026-07-31 | 1 | $5.3M | $5.2M | 0.07% |
| BSJR Invesco BulletShares 2027 High Yield Corporate Bond ETF | 2026-05-31 | 1 | $3.8M | $3.8M | 0.45% |
| HYS PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund | 2026-06-30 | 2 | $2.7M | $2.8M | 0.17% |
| HYLB Xtrackers USD High Yield Corporate Bond ETF | 2026-05-29 | 2 | $2.6M | $2.7M | 0.08% |
| FTSL First Trust Senior Loan Fund | 2026-07-31 | 1 | $2.8M | $2.7M | 0.12% |
| HYGV FlexShares High Yield Value - Scored Bond Index Fund | 2026-07-31 | 2 | $2.7M | $2.6M | 0.23% |
| IBHG iShares iBonds 2027 Term High Yield and Income ETF | 2026-07-31 | 1 | $2.6M | $2.6M | 0.50% |
| HYLS First Trust Tactical High Yield ETF | 2026-07-31 | 1 | $2.0M | $1.9M | 0.12% |
| THYF T. Rowe Price U.S. High Yield ETF | 2026-05-31 | 1 | $1.8M | $1.8M | 0.23% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 2 | $1.7M | $1.7M | 0.07% |
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 267 bp spread prices in about 4.5% 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
Not available.
The stock side: 13F filings
What institutions report holding in BXMT'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 | 36 | $16.8M | 0 | — | 0 | — | 4 |
| 2026-06-30 | 343 | $1.67B | 7 | $59.1M | 7 | $19.0M | 44 |
| 2026-03-31 | 330 | $1.49B | 9 | $63.0M | 6 | $22.0M | 39 |
| 2025-12-31 | 335 | $1.78B | 12 | $100.7M | 11 | $24.1M | 41 |
| 2025-09-30 | 318 | $1.70B | 12 | $85.9M | 11 | $28.1M | 38 |
| 2025-06-30 | 321 | $2.09B | 12 | $86.7M | 12 | $28.9M | 32 |
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.