CCL Industries Inc. bonds CCL-B.TO
Who owns CCL Industries 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. CCL-B.TO 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 |
|---|---|---|---|---|---|---|---|---|---|
| 124900AB7 | 3.25% fixed | 2026-10-01 | USD | 99.78 | 4.55% | 82 bp | 2 | $35.4M | Jul 2026 |
| 124900AC5 | 3.864% fixed | 2028-04-13 | CAD | 100.24 | 3.71% | — | 2 | $1.2M | Jul 2026 |
| 124900AD3 | 3.05% fixed | 2030-06-01 | USD | 92.87 | 5.12% | 83 bp | 7 | $20.0M | 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 | $56.6M | 99.78 | 5.12% | 83 bp | 7 |
| Jun 2026 | 2 | $71.9M | 96.57 | 4.89% | 71 bp | 14 |
| May 2026 | 1 | $5.3M | 93.80 | 4.77% | 67 bp | 5 |
| Apr 2026 | 3 | $58.2M | 93.73 | 4.75% | 87 bp | 9 |
| Mar 2026 | 2 | $72.0M | 96.33 | 4.84% | 104 bp | 14 |
| Feb 2026 | 1 | $5.0M | 94.75 | 4.42% | 80 bp | 4 |
| Jan 2026 | 3 | $63.5M | 94.20 | 4.54% | 82 bp | 10 |
| Dec 2025 | 2 | $64.5M | 96.73 | 4.48% | 82 bp | 14 |
| Nov 2025 | 1 | $4.7M | 94.58 | 4.39% | 75 bp | 4 |
| Oct 2025 | 3 | $63.1M | 93.98 | 4.52% | 89 bp | 10 |
| Sep 2025 | 2 | $61.4M | 96.37 | 4.52% | 87 bp | 15 |
| Aug 2025 | 2 | $7.0M | 96.00 | 4.62% | 79 bp | 4 |
| Jul 2025 | 3 | $65.2M | 92.53 | 4.82% | 83 bp | 10 |
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. 1 added, 6 cut, 1 new holders and 2 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| First Trust Enhanced Short Maturity ETF First Trust Exchange-Traded Fund IV | 2026-07-31 | $30.5M | $30.4M | $0 |
| Baird Aggregate Bond Fund Baird Funds Inc | 2026-06-30 | $20.0M | $18.7M | $0 |
| Baird Core Plus Bond Fund Baird Funds Inc | 2026-06-30 | $19.7M | $18.4M | $0 |
| First Trust Limited Duration Investment Grade Corporate ETF First Trust Exchange-Traded Fund IV | 2026-07-31 | $14.6M | $13.9M | $0 |
| Baird Ultra Short Bond Fund Baird Funds Inc | 2026-06-30 | $11.2M | $11.1M | $0 |
| Victory Income Fund Victory Portfolios III | 2026-07-31 | $7.2M | $6.7M | $0 |
| Baird Short-Term Bond Fund Baird Funds Inc | 2026-06-30 | $5.8M | $5.8M | $0 |
| Baird Intermediate Bond Fund Baird Funds Inc | 2026-06-30 | $5.5M | $5.1M | $0 |
| DoubleLine Core Fixed Income Fund DoubleLine Funds Trust | 2026-06-30 | $5.1M | $4.7M | $0 |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $3.6M | $3.4M | -$60K |
| First Trust Core Investment Grade ETF First Trust Exchange-Traded Fund IV | 2026-07-31 | $3.5M | $3.3M | $0 |
| VictoryShares Core Intermediate Bond ETF Victory Portfolios II | 2026-06-30 | $2.5M | $2.4M | -$150K |
| JNL/DoubleLine Core Fixed Income Fund JNL Series Trust | 2026-06-30 | $1.8M | $1.7M | -$82K |
| PRAXIS IMPACT BOND FUND Praxis Mutual Funds | 2026-06-30 | $1.8M | $1.6M | $0 |
| State Street(R) DoubleLine(R) Total Return Tactical ETF SSGA Active Trust | 2026-06-30 | $1.4M | $1.3M | -$3K |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $1.3M | $1.3M | $0 |
| iShares Core Universal USD Bond ETF iShares Trust | 2026-07-31 | $925K | $858K | $15K |
| VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND VANGUARD CHARLOTTE FUNDS | 2026-07-31 | $825K | $590K | $0 |
| VANGUARD TOTAL INTERNATIONAL BOND II INDEX FUND VANGUARD CHARLOTTE FUNDS | 2026-07-31 | $795K | $568K | $0 |
| Symmetry Panoramic Global Systematic Fixed Income Fund Symmetry Panoramic Trust | 2026-05-31 | $496K | $465K | new |
| 1290 VT DoubleLine Opportunistic Bond Portfolio EQ Advisors Trust | 2026-06-30 | $290K | $271K | -$5K |
| DoubleLine Opportunistic Core Bond ETF DoubleLine ETF Trust | 2026-06-30 | $281K | $263K | $0 |
| VictoryShares Corporate Bond ETF Victory Portfolios II | 2026-06-30 | $250K | $249K | $0 |
| iShares Core 1-5 Year USD Bond ETF iShares Trust | 2026-07-31 | $215K | $200K | $0 |
| RiverNorth/DoubleLine Strategic Income Fund RIVERNORTH FUNDS | 2026-06-30 | $186K | $174K | -$18K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Strategic Bond Fund ($1.4M), Opportunistic Credit Fund ($190K).
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 |
|---|---|---|---|---|---|
| FTSM First Trust Enhanced Short Maturity ETF | 2026-07-31 | 1 | $30.5M | $30.4M | 0.47% |
| FSIG First Trust Limited Duration Investment Grade Corporate ETF | 2026-07-31 | 2 | $14.6M | $13.9M | 0.92% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $3.6M | $3.4M | 0.02% |
| FTCB First Trust Core Investment Grade ETF | 2026-07-31 | 1 | $3.5M | $3.3M | 0.13% |
| UITB VictoryShares Core Intermediate Bond ETF | 2026-06-30 | 1 | $2.5M | $2.4M | 0.09% |
| TOTL State Street(R) DoubleLine(R) Total Return Tactical ETF | 2026-06-30 | 1 | $1.4M | $1.3M | 0.03% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $1.3M | $1.3M | 0.01% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 1 | $925K | $858K | 0.00% |
| BNDX VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND | 2026-07-31 | 1 | $825K | $590K | 0.00% |
| DBND DoubleLine Opportunistic Core Bond ETF | 2026-06-30 | 1 | $281K | $263K | 0.04% |
| UCRD VictoryShares Corporate Bond ETF | 2026-06-30 | 1 | $250K | $249K | 0.16% |
| ISTB iShares Core 1-5 Year USD Bond ETF | 2026-07-31 | 1 | $215K | $200K | 0.00% |
| SIFI Harbor Ares Systematic Multi-Sector Income ETF | 2026-07-31 | 1 | $100K | $93K | 0.28% |
| TPLS Thornburg Core Plus Bond ETF | 2026-05-31 | 1 | $25K | $23K | 0.12% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 10.40: safer than 83% of companies (81th percentile in Consumer Cyclical). Market-implied, prices to 2026-10-19, balance sheet 2026-06-30.
| Equity value | $11.62B |
| Debt barrier (short-term + ½ long-term debt) | $1.14B |
| Equity volatility (1 year) | 25.5% |
| Asset value / asset volatility (solved) | $12.72B / 23.3% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 83 bp spread prices in about 1.4% 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'' = 3.81 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in CCL-B.TO'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 | 1 | $142.9M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 2 | $137.0M | 0 | — | 0 | — | 0 |
| 2026-03-31 | 2 | $118.8M | 0 | — | 0 | — | 0 |
| 2025-12-31 | 1 | $9K | 0 | — | 0 | — | 0 |
| 2025-09-30 | 2 | $91.2M | 0 | — | 0 | — | 0 |
| 2025-06-30 | 2 | $93.1M | 0 | — | 0 | — | 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.