Core Natural Resources, Inc. bonds CNR
Who owns Core Natural Resources, 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. CNR 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 |
|---|---|---|---|---|---|---|---|---|---|
| 13323NAA0 | 8.75% fixed | 2028-08-01 | USD | 51.50 | 49.66% | 4544 bp | 29 | $40.0M | Jul 2026 |
| 21925DAA7 | 6.125% fixed | 2029-01-15 | USD | 12.13 | — | — | 12 | $2.8M | Jul 2026 |
| 21925DAB5 | 9.5% fixed | 2029-08-15 | USD | 51.56 | 37.49% | 3323 bp | 23 | $25.0M | 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 | $15K | 51.16 | 38.57% | 3430 bp | 1 |
| Jul 2026 | 3 | $67.8M | 51.50 | 43.58% | 3934 bp | 29 |
| Jun 2026 | 3 | $37.8M | 61.90 | 36.23% | 3212 bp | 31 |
| May 2026 | 3 | $44.9M | 60.96 | 32.45% | 2842 bp | 29 |
| Apr 2026 | 3 | $96.7M | 63.90 | 32.20% | 2839 bp | 34 |
| Mar 2026 | 3 | $39.9M | 58.77 | 36.33% | 3262 bp | 33 |
| Feb 2026 | 3 | $87.6M | 72.77 | 22.38% | 1889 bp | 37 |
| Jan 2026 | 3 | $147.4M | 75.56 | 20.56% | 1698 bp | 43 |
| Dec 2025 | 3 | $162.1M | 73.98 | 20.22% | 1669 bp | 54 |
| Nov 2025 | 3 | $112.2M | 80.41 | 16.79% | 1319 bp | 45 |
| Oct 2025 | 3 | $186.1M | 92.31 | 12.08% | 850 bp | 47 |
| Sep 2025 | 3 | $223.1M | 96.74 | 10.41% | 681 bp | 64 |
| Aug 2025 | 3 | $139.2M | 96.25 | 10.68% | 695 bp | 44 |
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. 10 added, 24 cut, 1 new holders and 21 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| PGIM High Yield Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $57.4M | $19.4M | $0 |
| Lord Abbett Short Duration High Yield Fund LORD ABBETT TRUST I | 2026-07-31 | $28.6M | $14.8M | -$11.1M |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $27.7M | $12.1M | $0 |
| iShares iBoxx $ High Yield Corporate Bond ETF iShares Trust | 2026-05-31 | $16.9M | $10.4M | -$188K |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $10.7M | $6.0M | $363K |
| Lord Abbett Credit Opportunities Fund | 2026-06-30 | $30.0M | $5.9M | $0 |
| abrdn Income Credit Strategies Fund | 2026-07-31 | $16.9M | $4.9M | $0 |
| Nuveen High Yield Fund TIAA-CREF Funds | 2026-06-30 | $7.0M | $4.3M | $0 |
| State Street(R) SPDR(R) Bloomberg High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $6.5M | $4.1M | -$666K |
| AB HIGH INCOME FUND INC | 2026-07-31 | $7.4M | $3.8M | $0 |
| Victory High Income Fund Victory Portfolios III | 2026-07-31 | $7.2M | $3.7M | $0 |
| Neuberger Strategic Income Fund NEUBERGER BERMAN INCOME FUNDS | 2026-07-31 | $6.3M | $3.2M | $0 |
| Transamerica High Yield Bond TRANSAMERICA FUNDS | 2026-07-31 | $6.7M | $2.6M | $2.2M |
| Carlyle Tactical Private Credit Fund | 2026-06-30 | $4.0M | $2.5M | $0 |
| Credit Suisse Strategic Income Fund CREDIT SUISSE OPPORTUNITY FUNDS | 2026-07-31 | $5.4M | $2.4M | $0 |
| Fidelity Series High Income Fund Fidelity Summer Street Trust | 2026-07-31 | $4.5M | $2.3M | $0 |
| Xtrackers USD High Yield Corporate Bond ETF DBX ETF Trust | 2026-05-29 | $3.6M | $2.2M | -$358K |
| Fidelity High Income Fund Fidelity Summer Street Trust | 2026-07-31 | $4.2M | $2.2M | $0 |
| State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $3.3M | $2.1M | -$22K |
| Fidelity SAI High Income Fund Fidelity Summer Street Trust | 2026-07-31 | $3.5M | $1.8M | $0 |
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF BondBloxx ETF Trust | 2026-07-31 | $3.9M | $1.7M | -$920K |
| Fidelity Total Bond Fund Fidelity Income Fund | 2026-05-31 | $2.8M | $1.7M | -$1.2M |
| Fidelity Total Bond ETF Fidelity Merrimack Street Trust | 2026-05-31 | $2.6M | $1.6M | -$415K |
| Fidelity Advisor Floating Rate High Income Fund Fidelity Advisor Series I | 2026-07-31 | $3.0M | $1.5M | $0 |
| Schwab High Yield Bond ETF SCHWAB STRATEGIC TRUST | 2026-05-31 | $2.8M | $1.5M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Nuveen Floating Rate Income Fund ($7.2M), Lord Abbett Floating Rate Fund ($5.4M), Allspring Core Plus Bond Fund ($5.0M), Invesco BulletShares 2028 High Yield Corporate Bond ETF ($3.3M), Victory Pioneer High Yield Fund ($3.1M), Nuveen Floating Rate Income Fund ($3.1M), Nuveen Global High Income Fund ($3.1M), Nuveen Credit Strategies Income Fund ($2.0M), Mercer Opportunistic Fixed Income Fund ($1.2M), Nuveen Multi-Asset Income Fund ($1.2M).
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 | $27.7M | $12.1M | 0.04% |
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | 2026-05-31 | 2 | $16.9M | $10.4M | 0.06% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 3 | $10.7M | $6.0M | 0.05% |
| JNK State Street(R) SPDR(R) Bloomberg High Yield Bond ETF | 2026-06-30 | 2 | $6.5M | $4.1M | 0.06% |
| HYLB Xtrackers USD High Yield Corporate Bond ETF | 2026-05-29 | 2 | $3.6M | $2.2M | 0.06% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 2 | $3.3M | $2.1M | 0.04% |
| XCCC BondBloxx CCC Rated USD High Yield Corporate Bond ETF | 2026-07-31 | 3 | $3.9M | $1.7M | 0.64% |
| FBND Fidelity Total Bond ETF | 2026-05-31 | 2 | $2.6M | $1.6M | 0.01% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 3 | $2.8M | $1.5M | 0.06% |
| PHYL PGIM Active High Yield Bond ETF | 2026-05-29 | 2 | $3.4M | $1.4M | 0.11% |
| HYS PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund | 2026-06-30 | 1 | $1.9M | $1.2M | 0.07% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 3 | $1.5M | $673K | 0.00% |
| HYFI AB High Yield ETF | 2026-05-31 | 2 | $918K | $562K | 0.16% |
| FSYD Fidelity Sustainable High Yield ETF | 2026-05-31 | 1 | $664K | $405K | 0.32% |
| BBHY JPMorgan BetaBuilders USD High Yield Corporate Bond ETF | 2026-05-31 | 2 | $537K | $326K | 0.05% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 6.91: safer than 65% of companies (72th percentile in Energy). Market-implied, prices to 2026-10-16, balance sheet 2026-07-04.
| Equity value | $4.45B |
| Debt barrier (short-term + ½ long-term debt) | $245.1M |
| Equity volatility (1 year) | 44.2% |
| Asset value / asset volatility (solved) | $4.68B / 42.0% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 3934 bp spread prices in about 65.6% 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'' = 2.84 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in CNR'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 | 28 | $13.6M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 344 | $3.71B | 12 | $64.1M | 11 | $87.0M | 0 |
| 2026-03-31 | 361 | $4.25B | 12 | $104.8M | 14 | $159.9M | 0 |
| 2025-12-31 | 332 | $4.25B | 9 | $39.7M | 12 | $113.1M | 0 |
| 2025-09-30 | 321 | $3.87B | 10 | $52.6M | 19 | $290.6M | 0 |
| 2025-06-30 | 299 | $3.32B | 16 | $47.2M | 21 | $145.3M | 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.