Capstone Copper Corp. bonds CS.TO
Who owns Capstone Copper Corp.'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. CS.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 |
|---|---|---|---|---|---|---|---|---|---|
| 14071LAA6 | 6.75% fixed | 2033-03-31 | USD | 100.44 | 6.67% | 223 bp | 50 | $57.4M | Jul 2026 |
| YQ6003707 | 6.75% fixed | 2033-03-31 | USD | 100.22 | 6.71% | 227 bp | 1 | $281K | 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 | 2 | $57.7M | 100.33 | 6.69% | 225 bp | 50 |
| Jun 2026 | 1 | $93.4M | 101.37 | 6.49% | 218 bp | 59 |
| May 2026 | 1 | $38.4M | 102.00 | 6.38% | 209 bp | 35 |
| Apr 2026 | 2 | $71.4M | 101.82 | 6.42% | 231 bp | 51 |
| Mar 2026 | 1 | $92.3M | 99.41 | 6.86% | 282 bp | 56 |
| Feb 2026 | 1 | $37.5M | 103.33 | 6.16% | 226 bp | 32 |
| Jan 2026 | 2 | $65.2M | 103.65 | 6.11% | 211 bp | 51 |
| Dec 2025 | 1 | $98.6M | 103.83 | 6.09% | 217 bp | 57 |
| Nov 2025 | 1 | $43.6M | 103.79 | 6.10% | 221 bp | 34 |
| Oct 2025 | 2 | $63.8M | 103.51 | 6.15% | 229 bp | 55 |
| Sep 2025 | 1 | $97.4M | 103.05 | 6.23% | 233 bp | 56 |
| Aug 2025 | 1 | $43.2M | 102.73 | 6.29% | 224 bp | 33 |
| Jul 2025 | 2 | $63.7M | 101.93 | 6.42% | 222 bp | 54 |
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. 32 added, 32 cut, 6 new holders and 2 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| LORD ABBETT BOND DEBENTURE FUND INC | 2026-06-30 | $26.3M | $26.7M | -$7.1M |
| PGIM High Yield Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $10.2M | $10.4M | -$420K |
| High Yield Fixed Income Fund Northern Funds | 2026-06-30 | $9.7M | $9.9M | $5.9M |
| Income Fund of America | 2026-07-31 | $8.3M | $8.3M | $0 |
| Janus Henderson High-Yield Fund Janus Investment Fund | 2026-06-30 | $6.8M | $6.9M | $0 |
| State Street(R) SPDR(R) Bloomberg High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $5.9M | $6.0M | $1.8M |
| Lord Abbett Core Plus Bond Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $5.8M | $5.9M | $0 |
| American High Income Trust | 2026-06-30 | $5.8M | $5.9M | $0 |
| Virtus Newfleet Multi-Sector Short Term Bond Fund Virtus Opportunities Trust | 2026-06-30 | $5.8M | $5.9M | $0 |
| Lord Abbett High Yield Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $5.2M | $5.3M | $0 |
| Virtus Newfleet Short Duration High Income Fund Virtus Strategy Trust | 2026-06-30 | $4.5M | $4.5M | $0 |
| Credit Suisse Strategic Income Fund CREDIT SUISSE OPPORTUNITY FUNDS | 2026-07-31 | $4.4M | $4.4M | $0 |
| PGIM Total Return Bond Fund Prudential Investment Portfolios, Inc. 17 | 2026-07-31 | $4.3M | $4.3M | -$2.0M |
| Neuberger Strategic Income Fund NEUBERGER BERMAN INCOME FUNDS | 2026-07-31 | $4.2M | $4.2M | -$1.6M |
| Payden High Income Fund PAYDEN & RYGEL INVESTMENT GROUP | 2026-07-31 | $4.0M | $4.1M | $400K |
| American Funds Multi-Sector Income Fund | 2026-06-30 | $3.7M | $3.7M | $0 |
| Fidelity SAI High Income Fund Fidelity Summer Street Trust | 2026-07-31 | $2.7M | $2.7M | $125K |
| VOYA STRATEGIC INCOME OPPORTUNITIES FUND Voya Funds Trust | 2026-06-30 | $2.5M | $2.5M | $0 |
| Western Asset Short Duration High Income Fund Legg Mason Partners Income Trust | 2026-07-31 | $2.5M | $2.5M | $0 |
| Fidelity Series High Income Fund Fidelity Summer Street Trust | 2026-07-31 | $2.4M | $2.4M | $0 |
| Fidelity High Income Fund Fidelity Summer Street Trust | 2026-07-31 | $2.3M | $2.3M | $0 |
| Fidelity Total Bond Fund Fidelity Income Fund | 2026-05-31 | $2.1M | $2.2M | $0 |
| Western Asset Inflation-Linked Opportunities & Income Fund | 2026-05-29 | $2.0M | $2.0M | $560K |
| VOYA INTERMEDIATE BOND FUND Voya Funds Trust | 2026-06-30 | $1.9M | $2.0M | $0 |
| Virtus Newfleet Multi-Sector Intermediate Bond Fund Virtus Opportunities Trust | 2026-06-30 | $1.8M | $1.8M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): MFS Emerging Markets Debt Fund ($10.7M), Western Asset Global Corporate Opportunity Fund Inc. ($70K).
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 |
|---|---|---|---|---|---|
| JNK State Street(R) SPDR(R) Bloomberg High Yield Bond ETF | 2026-06-30 | 1 | $5.9M | $6.0M | 0.08% |
| HYS PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund | 2026-06-30 | 1 | $1.5M | $1.5M | 0.09% |
| FBND Fidelity Total Bond ETF | 2026-05-31 | 1 | $1.4M | $1.4M | 0.01% |
| HYEM VanEck Emerging Markets High Yield Bond ETF | 2026-07-31 | 1 | $1.1M | $1.1M | 0.21% |
| CARY Angel Oak Income ETF | 2026-07-31 | 1 | $1.1M | $1.1M | 0.08% |
| PHYL PGIM Active High Yield Bond ETF | 2026-05-29 | 1 | $894K | $912K | 0.07% |
| SYFI AB Short Duration High Yield ETF | 2026-05-31 | 1 | $889K | $906K | 0.10% |
| AOHY Angel Oak High Yield Opportunities ETF | 2026-07-31 | 1 | $830K | $835K | 0.67% |
| NFLT Virtus Newfleet Multi-Sector Bond ETF | 2026-07-31 | 1 | $770K | $775K | 0.17% |
| CGMS Capital Group U.S. Multi-Sector Income ETF | 2026-06-30 | 1 | $750K | $761K | 0.01% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 1 | $595K | $598K | 0.00% |
| XBB BondBloxx BB Rated USD High Yield Corporate Bond ETF | 2026-07-31 | 1 | $395K | $397K | 0.08% |
| PGHY Invesco Global ex-US High Yield Corporate Bond ETF | 2026-07-31 | 1 | $280K | $281K | 0.12% |
| VSHY Virtus Newfleet Short Duration High Yield Bond ETF | 2026-07-31 | 1 | $250K | $252K | 0.80% |
| NBFC Neuberger Flexible Credit Income ETF | 2026-07-31 | 1 | $150K | $150K | 0.20% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 4.02: safer than 38% of companies (43th percentile in Basic Materials). Market-implied, prices to 2026-10-19, balance sheet 2026-06-30.
| Equity value | $6.68B |
| Debt barrier (short-term + ½ long-term debt) | $619.1M |
| Equity volatility (1 year) | 63.3% |
| Asset value / asset volatility (solved) | $7.28B / 58.1% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 225 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'' = 2.54 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in CS.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 |
|---|---|---|---|---|---|---|---|
| 2026-06-30 | 2 | $1.8M | 0 | — | 0 | — | 0 |
| 2026-03-31 | 3 | $12.3M | 0 | — | 0 | — | 0 |
| 2025-12-31 | 3 | $36.0M | 0 | — | 0 | — | 0 |
| 2025-09-30 | 2 | $30.9M | 0 | — | 1 | $12.7M | 0 |
| 2025-06-30 | 1 | $22.1M | 0 | — | 1 | $6.1M | 0 |
| 2025-03-31 | 1 | $34.6M | 1 | $6.7M | 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.