Clean Harbors, Inc. bonds CLH
Who owns Clean Harbors, 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. CLH 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 |
|---|---|---|---|---|---|---|---|---|---|
| 184496AP2 | 5.125% fixed | 2029-07-15 | USD | 98.84 | 5.56% | 130 bp | 23 | $54.2M | Jul 2026 |
| 184496AQ0 | 6.375% fixed | 2031-02-01 | USD | 101.08 | 6.10% | 178 bp | 43 | $72.3M | Jul 2026 |
| BL5239399 | 0% fixed | 2032-09-27 | USD | — | — | — | 2 | $2.1M | Jun 2026 |
| 184496AR8 | 5.75% fixed | 2033-10-15 | USD | 99.47 | 5.84% | 137 bp | 38 | $130.0M | 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 |
|---|---|---|---|---|---|---|
| Aug 2026 partial: filings still arriving | 1 | $21.9M | 99.96 | 5.76% | 123 bp | 1 |
| Jul 2026 | 3 | $256.5M | 99.47 | 5.84% | 137 bp | 43 |
| Jun 2026 | 4 | $277.9M | 100.70 | 5.63% | 128 bp | 72 |
| May 2026 | 3 | $115.1M | 100.53 | 5.66% | 133 bp | 36 |
| Apr 2026 | 3 | $260.0M | 100.97 | 5.59% | 151 bp | 43 |
| Mar 2026 | 4 | $269.9M | 99.83 | 5.78% | 178 bp | 75 |
| Feb 2026 | 3 | $94.2M | 102.36 | 5.37% | 157 bp | 37 |
| Jan 2026 | 3 | $267.2M | 102.21 | 5.39% | 141 bp | 48 |
| Dec 2025 | 4 | $259.0M | 102.68 | 5.32% | 149 bp | 80 |
| Nov 2025 | 3 | $77.7M | 102.24 | 5.40% | 147 bp | 33 |
| Oct 2025 | 4 | $262.3M | 101.11 | 5.32% | 159 bp | 42 |
| Sep 2025 | 6 | $277.1M | 99.92 | 5.35% | 166 bp | 67 |
| Aug 2025 | 3 | $50.0M | 99.58 | 5.37% | 165 bp | 24 |
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. 42 added, 21 cut, 8 new holders and 13 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 | $88.9M | $88.6M | -$3.5M |
| American High Income Trust | 2026-06-30 | $48.5M | $48.9M | $0 |
| American Funds Multi-Sector Income Fund | 2026-06-30 | $42.9M | $43.3M | $0 |
| Income Fund of America | 2026-07-31 | $38.1M | $38.2M | $0 |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $25.8M | $25.8M | -$222K |
| American Beacon SiM High Yield Opportunities Fund AMERICAN BEACON FUNDS | 2026-05-31 | $21.9M | $22.0M | $18.7M |
| Loomis Sayles Investment Grade Bond Fund LOOMIS SAYLES FUNDS II | 2026-06-30 | $21.2M | $21.3M | $0 |
| Allspring Diversified Capital Builder Fund ALLSPRING FUNDS TRUST | 2026-06-30 | $17.0M | $17.2M | $3.0M |
| iShares iBoxx $ High Yield Corporate Bond ETF iShares Trust | 2026-05-31 | $15.7M | $15.9M | -$168K |
| PGIM Short Duration High Yield Income Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $13.9M | $14.2M | $0 |
| American Funds Strategic Bond Fund | 2026-06-30 | $14.0M | $14.1M | $0 |
| Guggenheim Total Return Bond Fund Guggenheim Funds Trust | 2026-06-30 | $13.1M | $13.2M | $0 |
| Bridge Builder Core Plus Bond Fund Bridge Builder Trust | 2026-06-30 | $11.0M | $11.1M | $0 |
| NYLIM MacKay High Yield Corporate Bond Fund NYLIM FUNDS | 2026-07-31 | $11.0M | $10.9M | $0 |
| PGIM High Yield Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $10.7M | $10.7M | $0 |
| Bond Fund of America | 2026-06-30 | $10.0M | $10.0M | $0 |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $8.9M | $9.0M | $204K |
| Federated Hermes Institutional High Yield Bond Fund Federated Hermes Institutional Trust | 2026-07-31 | $8.7M | $8.6M | $0 |
| MFS High Income Fund MFS Series Trust III | 2026-07-31 | $8.6M | $8.5M | $0 |
| Eaton Vance Income Fund of Boston Eaton Vance Series Trust II | 2026-07-31 | $7.5M | $7.6M | $0 |
| State Street(R) SPDR(R) Bloomberg High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $7.3M | $7.3M | $1.4M |
| JPMorgan High Yield Fund JPMorgan Trust II | 2026-05-31 | $7.3M | $7.3M | $104K |
| VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $6.7M | $6.6M | $0 |
| Thornburg Strategic Income Fund THORNBURG INVESTMENT TRUST | 2026-06-30 | $5.9M | $5.9M | $0 |
| Loomis Sayles Income Fund LOOMIS SAYLES FUNDS I | 2026-06-30 | $5.7M | $5.7M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Payden Absolute Return Bond Fund ($1.2M), Fidelity Total Bond Fund ($945K), Allspring High Yield Bond Fund ($600K), Fidelity SAI Total Bond Fund ($585K), Fidelity Total Bond ETF ($527K), Fidelity Total Bond K6 Fund ($200K), THRIVENT MODERATE ALLOCATION PORTFOLIO ($159K), LVIP Fidelity Institutional AM(R) Total Bond Fund ($100K), Eaton Vance High Yield ETF ($65K), JNL/Fidelity Institutional Asset Management Total Bond Fund ($60K).
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 | 3 | $25.8M | $25.8M | 0.09% |
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | 2026-05-31 | 2 | $15.7M | $15.9M | 0.10% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 3 | $8.9M | $9.0M | 0.08% |
| JNK State Street(R) SPDR(R) Bloomberg High Yield Bond ETF | 2026-06-30 | 2 | $7.3M | $7.3M | 0.10% |
| HYLB Xtrackers USD High Yield Corporate Bond ETF | 2026-05-29 | 2 | $3.7M | $3.7M | 0.11% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 3 | $3.6M | $3.6M | 0.14% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 3 | $3.1M | $3.2M | 0.13% |
| CGCP Capital Group Core Plus Income ETF | 2026-06-30 | 2 | $3.1M | $3.1M | 0.04% |
| JPHY JPMorgan Active High Yield ETF | 2026-05-31 | 2 | $2.3M | $2.3M | 0.10% |
| PHYL PGIM Active High Yield Bond ETF | 2026-05-29 | 2 | $2.0M | $2.0M | 0.16% |
| FTSL First Trust Senior Loan Fund | 2026-07-31 | 1 | $2.0M | $2.0M | 0.09% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 3 | $1.8M | $1.8M | 0.00% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 1 | $1.4M | $1.4M | 0.03% |
| HYLS First Trust Tactical High Yield ETF | 2026-07-31 | 1 | $1.4M | $1.4M | 0.08% |
| VGHY VANGUARD HIGH-YIELD ACTIVE ETF | 2026-07-31 | 3 | $1.2M | $1.2M | 0.40% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 9.94: safer than 81% of companies (82th percentile in Industrials). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $16.77B |
| Debt barrier (short-term + ½ long-term debt) | $1.39B |
| Equity volatility (1 year) | 28.0% |
| Asset value / asset volatility (solved) | $18.10B / 25.9% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 137 bp spread prices in about 2.3% 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'' = 3.62 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in CLH'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 | 71 | $320.7M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 646 | $14.21B | 7 | $6.2M | 7 | $6.0M | 0 |
| 2026-03-31 | 604 | $12.14B | 7 | $8.0M | 9 | $24.0M | 0 |
| 2025-12-31 | 553 | $11.61B | 8 | $9.9M | 5 | $5.2M | 1 |
| 2025-09-30 | 556 | $11.15B | 7 | $33.2M | 5 | $13.2M | 1 |
| 2025-06-30 | 567 | $10.93B | 8 | $54.0M | 7 | $30.4M | 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.