CNX Resources Corporation bonds CNX
Who owns CNX Resources 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. CNX 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 |
|---|---|---|---|---|---|---|---|---|---|
| 12653CAK4 | 7.375% fixed | 2031-01-15 | USD | 102.28 | 6.77% | 246 bp | 37 | $78.4M | Jul 2026 |
| 12653CAL2 | 7.25% fixed | 2032-03-01 | USD | 102.84 | 6.63% | 226 bp | 50 | $118.0M | Jul 2026 |
| 12653CAM0 | 5.875% fixed | 2034-03-01 | USD | 96.92 | 6.39% | 191 bp | 53 | $59.3M | 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 | $39K | 97.51 | 6.30% | 175 bp | 1 |
| Jul 2026 | 3 | $255.8M | 102.28 | 6.63% | 226 bp | 53 |
| Jun 2026 | 3 | $333.7M | 102.43 | 6.59% | 234 bp | 90 |
| May 2026 | 3 | $134.0M | 102.66 | 6.54% | 233 bp | 43 |
| Apr 2026 | 3 | $259.0M | 103.13 | 6.36% | 234 bp | 53 |
| Mar 2026 | 3 | $330.9M | 102.79 | 6.62% | 268 bp | 89 |
| Feb 2026 | 5 | $139.7M | 103.67 | 6.06% | 219 bp | 44 |
| Jan 2026 | 4 | $303.3M | 104.18 | 6.31% | 242 bp | 52 |
| Dec 2025 | 4 | $326.8M | 104.11 | 6.36% | 255 bp | 81 |
| Nov 2025 | 4 | $134.9M | 104.06 | 6.40% | 261 bp | 40 |
| Oct 2025 | 4 | $285.8M | 103.96 | 6.41% | 264 bp | 49 |
| Sep 2025 | 4 | $334.5M | 103.50 | 6.52% | 271 bp | 76 |
| Aug 2025 | 4 | $136.3M | 103.77 | 6.52% | 258 bp | 39 |
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, 51 cut, 7 new holders and 12 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| American High Income Trust | 2026-06-30 | $92.4M | $93.9M | -$4.2M |
| Income Fund of America | 2026-07-31 | $63.2M | $64.4M | $0 |
| VANGUARD HIGH-YIELD CORPORATE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $46.4M | $47.1M | $0 |
| American Funds Multi-Sector Income Fund | 2026-06-30 | $34.1M | $34.5M | $0 |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $30.1M | $30.4M | $899K |
| iShares iBoxx $ High Yield Corporate Bond ETF iShares Trust | 2026-05-31 | $22.4M | $22.7M | $8.0M |
| BlackRock High Yield Portfolio BlackRock Funds V | 2026-06-30 | $23.0M | $22.6M | -$988K |
| PGIM High Yield Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $20.0M | $20.3M | $0 |
| Capital Group U.S. Multi-Sector Income ETF Capital Group Fixed Income ETF Trust | 2026-06-30 | $15.6M | $15.9M | $1.5M |
| Nuveen High Yield Fund TIAA-CREF Funds | 2026-06-30 | $13.3M | $13.4M | $0 |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $11.2M | $11.3M | -$235K |
| State Street(R) SPDR(R) Bloomberg High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $9.4M | $9.5M | $740K |
| Fidelity High Income Fund Fidelity Summer Street Trust | 2026-07-31 | $9.1M | $9.2M | $0 |
| High Yield Fixed Income Fund Northern Funds | 2026-06-30 | $8.8M | $8.9M | $2.5M |
| Capital Group Core Plus Income ETF Capital Group Fixed Income ETF Trust | 2026-06-30 | $7.6M | $7.8M | $1.5M |
| BlackRock Total Return Fund BlackRock Bond Fund, Inc. | 2026-06-30 | $7.3M | $7.6M | $44K |
| MFS High Income Fund MFS Series Trust III | 2026-07-31 | $7.0M | $7.2M | $0 |
| JPMorgan High Yield Fund JPMorgan Trust II | 2026-05-31 | $7.1M | $7.1M | -$4.6M |
| JPMorgan Active High Yield ETF J.P. Morgan Exchange-Traded Fund Trust | 2026-05-31 | $7.0M | $7.1M | $136K |
| Fidelity SAI High Income Fund Fidelity Summer Street Trust | 2026-07-31 | $7.0M | $7.0M | $405K |
| American Funds Strategic Bond Fund | 2026-06-30 | $6.9M | $6.9M | $0 |
| Fidelity Total Bond Fund Fidelity Income Fund | 2026-05-31 | $6.4M | $6.5M | $0 |
| Fidelity Capital and Income Fund Fidelity Summer Street Trust | 2026-07-31 | $5.9M | $6.1M | $0 |
| Goldman Sachs High Yield Fund GOLDMAN SACHS TRUST | 2026-06-30 | $5.3M | $5.5M | $0 |
| BlackRock Systematic Multi-Strategy Fund BlackRock Funds IV | 2026-06-30 | $5.1M | $5.2M | $1.1M |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Payden Absolute Return Bond Fund ($2.7M), Fidelity Convertible Securities Fund ($1.6M), Nuveen Strategic Income Fund ($1.0M), Fidelity Strategic Dividend and Income Fund ($625K), High-Yield Fund ($320K), Janus Henderson Multi-Sector Income Fund ($257K), AB Short Duration Income ETF ($237K), THRIVENT MODERATE ALLOCATION PORTFOLIO ($184K), State Street(R) Blackstone High Income ETF ($145K), BlackRock Global Allocation Fund, Inc. ($130K).
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 | $30.1M | $30.4M | 0.11% |
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | 2026-05-31 | 3 | $22.4M | $22.7M | 0.14% |
| CGMS Capital Group U.S. Multi-Sector Income ETF | 2026-06-30 | 3 | $15.6M | $15.9M | 0.31% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 3 | $11.2M | $11.3M | 0.10% |
| JNK State Street(R) SPDR(R) Bloomberg High Yield Bond ETF | 2026-06-30 | 3 | $9.4M | $9.5M | 0.13% |
| CGCP Capital Group Core Plus Income ETF | 2026-06-30 | 3 | $7.6M | $7.8M | 0.09% |
| JPHY JPMorgan Active High Yield ETF | 2026-05-31 | 2 | $7.0M | $7.1M | 0.32% |
| SYFI AB Short Duration High Yield ETF | 2026-05-31 | 2 | $4.9M | $5.1M | 0.57% |
| HYLB Xtrackers USD High Yield Corporate Bond ETF | 2026-05-29 | 3 | $4.8M | $4.9M | 0.14% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 1 | $4.8M | $4.9M | 0.06% |
| HYDB iShares High Yield Systematic Bond ETF | 2026-05-31 | 1 | $4.0M | $4.1M | 0.25% |
| FBND Fidelity Total Bond ETF | 2026-05-31 | 3 | $4.0M | $4.0M | 0.02% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 3 | $3.2M | $3.2M | 0.13% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 3 | $2.4M | $2.4M | 0.10% |
| JCPB JPMorgan Core Plus Bond ETF | 2026-05-31 | 1 | $2.0M | $2.0M | 0.02% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 7.29: safer than 68% of companies (75th percentile in Energy). Market-implied, prices to 2026-10-16, balance sheet 2026-07-15.
| Equity value | $5.28B |
| Debt barrier (short-term + ½ long-term debt) | $1.16B |
| Equity volatility (1 year) | 28.6% |
| Asset value / asset volatility (solved) | $6.39B / 23.6% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 226 bp spread prices in about 3.8% 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'' = 2.57 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in CNX'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 | 34 | $28.3M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 372 | $4.52B | 8 | $7.2M | 8 | $14.0M | 0 |
| 2026-03-31 | 403 | $4.63B | 10 | $5.2M | 11 | $142.3M | 11 |
| 2025-12-31 | 399 | $4.56B | 10 | $9.1M | 14 | $278.9M | 18 |
| 2025-09-30 | 356 | $4.34B | 12 | $14.2M | 15 | $303.8M | 20 |
| 2025-06-30 | 363 | $4.66B | 13 | $16.0M | 15 | $315.5M | 21 |
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.