Credit Acceptance Corporation bonds CACC
Who owns Credit Acceptance Corporation'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. CACC 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 |
|---|---|---|---|---|---|---|---|---|---|
| 225310AQ4 | 9.25% fixed | 2028-12-15 | USD | 103.56 | 7.57% | 334 bp | 43 | $118.1M | Jul 2026 |
| 225310AS0 | 6.625% fixed | 2030-03-15 | USD | 99.98 | 6.63% | 234 bp | 51 | $123.6M | 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 | 2 | $241.6M | 101.77 | 7.10% | 284 bp | 51 |
| Jun 2026 | 2 | $199.9M | 102.25 | 6.94% | 279 bp | 58 |
| May 2026 | 2 | $65.8M | 102.63 | 6.83% | 278 bp | 30 |
| Apr 2026 | 2 | $256.5M | 101.99 | 7.06% | 322 bp | 54 |
| Mar 2026 | 2 | $185.1M | 100.65 | 7.51% | 376 bp | 55 |
| Feb 2026 | 2 | $60.2M | 102.06 | 7.08% | 352 bp | 27 |
| Jan 2026 | 2 | $264.4M | 102.54 | 6.95% | 330 bp | 57 |
| Dec 2025 | 2 | $197.2M | 102.48 | 7.00% | 341 bp | 56 |
| Nov 2025 | 2 | $59.6M | 102.22 | 7.08% | 348 bp | 29 |
| Oct 2025 | 2 | $254.2M | 102.38 | 7.06% | 348 bp | 57 |
| Sep 2025 | 2 | $150.8M | 102.68 | 6.99% | 339 bp | 50 |
| Aug 2025 | 2 | $61.6M | 103.54 | 6.77% | 305 bp | 23 |
| Jul 2025 | 2 | $244.6M | 103.52 | 6.79% | 290 bp | 53 |
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. 40 added, 31 cut, 9 new holders and 5 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD HIGH-YIELD CORPORATE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $97.8M | $99.1M | $0 |
| BrandywineGLOBAL - HIGH YIELD FUND Legg Mason Partners Investment Trust | 2026-06-30 | $50.3M | $52.4M | $3.5M |
| BrandywineGLOBAL - CORPORATE CREDIT FUND Legg Mason Partners Investment Trust | 2026-06-30 | $34.5M | $36.0M | $5.0M |
| High Yield Fund Principal Funds, Inc | 2026-07-31 | $25.9M | $26.5M | -$16.8M |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $19.9M | $20.3M | $1.9M |
| BBH Limited Duration Fund BBH Trust | 2026-07-31 | $18.6M | $19.3M | $0 |
| Goldman Sachs High Yield Fund GOLDMAN SACHS TRUST | 2026-06-30 | $17.0M | $17.4M | $0 |
| iShares iBoxx $ High Yield Corporate Bond ETF iShares Trust | 2026-05-31 | $15.0M | $15.4M | -$2.1M |
| iShares High Yield Systematic Bond ETF iShares Trust | 2026-05-31 | $11.0M | $11.2M | -$670K |
| Performance Trust Total Return Bond Fund Trust for Professional Managers | 2026-05-31 | $10.3M | $10.4M | $2.5M |
| JNL/PPM America High Yield Bond Fund JNL Series Trust | 2026-06-30 | $10.3M | $10.3M | -$1.6M |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $9.4M | $9.6M | $95K |
| State Street(R) SPDR(R) Bloomberg High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $7.9M | $8.1M | $1.5M |
| MFS High Income Fund MFS Series Trust III | 2026-07-31 | $7.7M | $7.7M | $0 |
| BlackRock Systematic Multi-Strategy Fund BlackRock Funds IV | 2026-06-30 | $7.4M | $7.5M | $1.6M |
| Principal Active High Yield ETF Principal Exchange-Traded Funds | 2026-06-30 | $6.2M | $6.5M | -$449K |
| Shenkman Capital Short Duration High Income Fund Advisors Series Trust | 2026-06-30 | $5.8M | $6.1M | $3.9M |
| Hotchkis and Wiley High Yield Fund HOTCHKIS & WILEY FUNDS/DE/ | 2026-06-30 | $5.8M | $5.8M | $0 |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $5.3M | $5.5M | $784K |
| iShares Flexible Income Active ETF BlackRock ETF Trust II | 2026-07-31 | $5.4M | $5.4M | $552K |
| Multi-Manager High Yield Bond Fund Goldman Sachs Trust II | 2026-07-31 | $5.2M | $5.2M | $440K |
| State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $4.2M | $4.3M | $1.3M |
| BBH Income Fund BBH Trust | 2026-07-31 | $4.1M | $4.3M | $0 |
| Greenspring Income Opportunities Fund Manager Directed Portfolios | 2026-06-30 | $4.1M | $4.2M | $0 |
| BlackRock Strategic Income Opportunities Portfolio BlackRock Funds V | 2026-06-30 | $3.9M | $3.9M | $718K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Core Plus Bond Fund ($944K), MFS MULTIMARKET INCOME TRUST ($701K), BlackRock Global Allocation Fund, Inc. ($131K), Opportunistic Fixed Income Trust ($130K), Strategic Advisers Core Income Fund ($100K).
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 | $19.9M | $20.3M | 0.07% |
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | 2026-05-31 | 2 | $15.0M | $15.4M | 0.10% |
| HYDB iShares High Yield Systematic Bond ETF | 2026-05-31 | 2 | $11.0M | $11.2M | 0.69% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 2 | $9.4M | $9.6M | 0.13% |
| JNK State Street(R) SPDR(R) Bloomberg High Yield Bond ETF | 2026-06-30 | 2 | $7.9M | $8.1M | 0.11% |
| YLD Principal Active High Yield ETF | 2026-06-30 | 1 | $6.2M | $6.5M | 1.14% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 2 | $5.3M | $5.5M | 0.05% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 2 | $4.2M | $4.3M | 0.09% |
| HYLB Xtrackers USD High Yield Corporate Bond ETF | 2026-05-29 | 2 | $3.4M | $3.5M | 0.10% |
| BSJS Invesco BulletShares 2028 High Yield Corporate Bond ETF | 2026-05-31 | 1 | $3.3M | $3.4M | 0.50% |
| SRLN State Street(R) Blackstone Senior Loan ETF | 2026-06-30 | 1 | $2.5M | $2.5M | 0.05% |
| HYBL State Street(R) Blackstone High Income ETF | 2026-06-30 | 1 | $2.4M | $2.4M | 0.42% |
| IBHH iShares iBonds 2028 Term High Yield and Income ETF | 2026-07-31 | 1 | $1.8M | $1.9M | 0.42% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 2 | $1.8M | $1.8M | 0.07% |
| HYGV FlexShares High Yield Value - Scored Bond Index Fund | 2026-07-31 | 1 | $1.5M | $1.5M | 0.14% |
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 284 bp spread prices in about 4.7% 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 CACC'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 | 24 | $113.3M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 291 | $4.83B | 6 | $7.3M | 6 | $23.0M | 0 |
| 2026-03-31 | 246 | $2.68B | 7 | $17.2M | 8 | $22.9M | 0 |
| 2025-12-31 | 244 | $3.47B | 10 | $75.7M | 9 | $23.5M | 2 |
| 2025-09-30 | 252 | $3.54B | 9 | $30.0M | 10 | $185.7M | 2 |
| 2025-06-30 | 268 | $3.86B | 8 | $23.9M | 11 | $194.9M | 2 |
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.