Carpenter Technology Corporation bonds CRS
Who owns Carpenter Technology 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. CRS 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 |
|---|---|---|---|---|---|---|---|---|---|
| 144285AN3 | 5.625% fixed | 2034-03-01 | USD | 98.62 | 5.85% | 136 bp | 41 | $57.7M | 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 | 1 | $57.7M | 98.62 | 5.85% | 136 bp | 41 |
| Jun 2026 | 1 | $157.1M | 100.01 | 5.62% | 126 bp | 95 |
| May 2026 | 1 | $37.5M | 99.44 | 5.71% | 136 bp | 38 |
| Apr 2026 | 1 | $62.2M | 100.08 | 5.61% | 144 bp | 48 |
| Mar 2026 | 1 | $157.9M | 99.14 | 5.76% | 166 bp | 99 |
| Feb 2026 | 1 | $37.4M | 102.03 | 5.31% | 134 bp | 37 |
| Jan 2026 | 1 | $72.2M | 101.54 | 5.39% | 132 bp | 58 |
| Dec 2025 | 1 | $161.0M | 101.66 | 5.37% | 138 bp | 116 |
| Nov 2025 | 1 | $34.9M | 101.69 | 5.37% | 141 bp | 41 |
| Oct 2025 | 2 | $21.7M | 101.72 | 6.51% | 294 bp | 16 |
| Sep 2025 | 2 | $48.1M | 101.52 | 6.58% | 299 bp | 21 |
| Aug 2025 | 2 | $42.1M | 101.64 | 6.55% | 283 bp | 15 |
| Jul 2025 | 2 | $23.0M | 101.73 | 6.54% | 265 bp | 18 |
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. 29 added, 19 cut, 4 new holders and 15 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| BrandywineGLOBAL - HIGH YIELD FUND Legg Mason Partners Investment Trust | 2026-06-30 | $23.6M | $23.6M | -$5.1M |
| LORD ABBETT BOND DEBENTURE FUND INC | 2026-06-30 | $22.0M | $22.0M | $0 |
| BlackRock High Yield Portfolio BlackRock Funds V | 2026-06-30 | $17.9M | $17.9M | $0 |
| BrandywineGLOBAL - CORPORATE CREDIT FUND Legg Mason Partners Investment Trust | 2026-06-30 | $14.8M | $14.8M | -$4.0M |
| American High Income Trust | 2026-06-30 | $13.4M | $13.4M | $0 |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $12.8M | $12.6M | $683K |
| Goldman Sachs High Yield Fund GOLDMAN SACHS TRUST | 2026-06-30 | $6.8M | $6.8M | new |
| State Street(R) SPDR(R) Bloomberg High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $6.4M | $6.4M | $2.1M |
| Capital Income Builder | 2026-07-31 | $5.9M | $5.8M | $0 |
| PIMCO High Yield Fund PIMCO FUNDS | 2026-06-30 | $5.3M | $5.3M | $4.6M |
| Lord Abbett High Yield Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $5.0M | $5.0M | $0 |
| Transamerica Multi-Asset Income TRANSAMERICA FUNDS | 2026-07-31 | $5.0M | $4.9M | $0 |
| Bond Fund of America | 2026-06-30 | $4.7M | $4.7M | $0 |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $4.6M | $4.6M | $1.6M |
| Boyd Watterson Limited Duration Enhanced Income Fund NORTHERN LIGHTS FUND TRUST III | 2026-06-30 | $4.5M | $4.5M | $0 |
| Lord Abbett Core Plus Bond Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $4.3M | $4.3M | $0 |
| Federated Hermes Institutional High Yield Bond Fund Federated Hermes Institutional Trust | 2026-07-31 | $4.2M | $4.1M | $0 |
| Fidelity High Income Fund Fidelity Summer Street Trust | 2026-07-31 | $4.2M | $4.1M | $0 |
| Lord Abbett Total Return Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $3.9M | $3.8M | $0 |
| Fidelity SAI High Income Fund Fidelity Summer Street Trust | 2026-07-31 | $3.7M | $3.6M | $165K |
| Loomis Sayles Investment Grade Bond Fund LOOMIS SAYLES FUNDS II | 2026-06-30 | $3.0M | $3.0M | $0 |
| Victory Core Plus Intermediate Bond Fund Victory Portfolios III | 2026-07-31 | $3.0M | $2.9M | -$2.0M |
| First Trust Smith Unconstrained Bond ETF First Trust Exchange-Traded Fund VIII | 2026-05-31 | $2.9M | $2.9M | $0 |
| Fidelity Total Bond Fund Fidelity Income Fund | 2026-05-31 | $2.8M | $2.8M | $0 |
| Columbia Strategic Income Fund COLUMBIA FUNDS SERIES TRUST I | 2026-05-31 | $2.2M | $2.2M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Nuveen High Yield Fund ($4.4M), Neuberger Strategic Income Fund ($1.2M), Neuberger High Income Bond Fund ($920K), Payden Absolute Return Bond Fund ($915K), The Hartford World Bond Fund ($675K), Neuberger High Yield Strategies Fund Inc. ($640K), BlackRock Multi-Sector Income Trust ($456K), JNL/Neuberger Berman Strategic Income Fund ($205K), CITY NATIONAL ROCHDALE FIXED INCOME OPPORTUNITIES FUND ($175K), BlackRock Core Bond Trust ($167K).
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 | 1 | $12.8M | $12.6M | 0.04% |
| JNK State Street(R) SPDR(R) Bloomberg High Yield Bond ETF | 2026-06-30 | 1 | $6.4M | $6.4M | 0.09% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 1 | $4.6M | $4.6M | 0.04% |
| UCON First Trust Smith Unconstrained Bond ETF | 2026-05-31 | 1 | $2.9M | $2.9M | 0.09% |
| FBND Fidelity Total Bond ETF | 2026-05-31 | 1 | $1.6M | $1.6M | 0.01% |
| HYLS First Trust Tactical High Yield ETF | 2026-07-31 | 1 | $1.4M | $1.4M | 0.09% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 1 | $1.3M | $1.3M | 0.05% |
| UBND VictoryShares Core Plus Bond ETF | 2026-06-30 | 1 | $891K | $891K | 0.05% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 1 | $758K | $748K | 0.00% |
| JPHY JPMorgan Active High Yield ETF | 2026-05-31 | 1 | $681K | $677K | 0.03% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 1 | $654K | $651K | 0.03% |
| KORP American Century Diversified Corporate Bond ETF | 2026-05-31 | 1 | $635K | $632K | 0.08% |
| HYGV FlexShares High Yield Value - Scored Bond Index Fund | 2026-07-31 | 1 | $500K | $493K | 0.04% |
| XBB BondBloxx BB Rated USD High Yield Corporate Bond ETF | 2026-07-31 | 1 | $433K | $427K | 0.08% |
| HYBB iShares BB Rated Corporate Bond ETF | 2026-07-31 | 1 | $375K | $370K | 0.09% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 8.45: safer than 75% of companies (79th percentile in Basic Materials). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $18.77B |
| Debt barrier (short-term + ½ long-term debt) | $345.4M |
| Equity volatility (1 year) | 47.5% |
| Asset value / asset volatility (solved) | $19.10B / 46.7% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 136 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 = 9.66 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in CRS'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 | 95 | $153.4M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 869 | $27.93B | 18 | $229.7M | 17 | $357.5M | 0 |
| 2026-03-31 | 684 | $15.57B | 18 | $92.1M | 13 | $133.8M | 0 |
| 2025-12-31 | 614 | $14.46B | 12 | $66.1M | 17 | $295.7M | 0 |
| 2025-09-30 | 570 | $11.72B | 16 | $135.9M | 18 | $178.4M | 0 |
| 2025-06-30 | 561 | $13.32B | 19 | $219.3M | 20 | $287.2M | 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.