CVR Energy, Inc. bonds CVI
Who owns CVR Energy, 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. CVI 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 |
|---|---|---|---|---|---|---|---|---|---|
| 12662PAD0 | 5.75% fixed | 2028-02-15 | USD | 99.75 | 5.92% | 178 bp | 12 | $15.9M | Jul 2026 |
| 12662PAH1 | 7.5% fixed | 2031-02-15 | USD | 101.32 | 7.15% | 284 bp | 38 | $42.7M | Jul 2026 |
| 12662PAJ7 | 7.875% fixed | 2034-02-15 | USD | 101.64 | 7.58% | 310 bp | 36 | $43.9M | 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 | 3 | $102.4M | 101.32 | 7.15% | 284 bp | 38 |
| Jun 2026 | 3 | $165.3M | 99.54 | 7.62% | 342 bp | 84 |
| May 2026 | 3 | $73.8M | 100.34 | 7.20% | 307 bp | 31 |
| Apr 2026 | 3 | $102.3M | 100.34 | 7.18% | 325 bp | 40 |
| Mar 2026 | 3 | $150.0M | 100.34 | 7.31% | 346 bp | 86 |
| Feb 2026 | 3 | $54.1M | 99.66 | 7.58% | 390 bp | 26 |
| Jan 2026 | 4 | $214.9M | 99.88 | 7.21% | 352 bp | 35 |
| Dec 2025 | 2 | $132.8M | 100.70 | 6.96% | 343 bp | 45 |
| Nov 2025 | 2 | $60.0M | 100.69 | 6.96% | 340 bp | 29 |
| Oct 2025 | 2 | $143.8M | 100.72 | 6.92% | 339 bp | 32 |
| Sep 2025 | 2 | $147.9M | 100.35 | 7.08% | 352 bp | 45 |
| Aug 2025 | 2 | $47.4M | 99.32 | 7.49% | 380 bp | 31 |
| Jul 2025 | 2 | $133.2M | 97.09 | 8.32% | 446 bp | 30 |
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. 63 added, 26 cut, 15 new holders and 11 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Guggenheim Macro Opportunities Fund Guggenheim Funds Trust | 2026-06-30 | $18.6M | $18.4M | $0 |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $17.5M | $17.8M | $2.3M |
| Guggenheim Total Return Bond Fund Guggenheim Funds Trust | 2026-06-30 | $15.3M | $15.2M | $0 |
| iShares iBoxx $ High Yield Corporate Bond ETF iShares Trust | 2026-05-31 | $15.0M | $15.2M | $1.5M |
| BlackRock High Yield Portfolio BlackRock Funds V | 2026-06-30 | $14.4M | $14.3M | $0 |
| iShares High Yield Systematic Bond ETF iShares Trust | 2026-05-31 | $11.5M | $11.6M | $7.0M |
| Fidelity Advisor Strategic Income Fund Fidelity Advisor Series II | 2026-06-30 | $11.2M | $11.2M | $0 |
| Fidelity Capital and Income Fund Fidelity Summer Street Trust | 2026-07-31 | $10.4M | $10.3M | $0 |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $9.8M | $9.8M | $619K |
| Invesco High Yield Fund AIM Investment Securities Funds (Invesco Investment Securities Funds) | 2026-05-31 | $8.1M | $8.1M | new |
| BNY Mellon Core Plus Fund BNY Mellon Absolute Insight Funds, Inc. | 2026-07-31 | $8.0M | $8.1M | $0 |
| Payden High Income Fund PAYDEN & RYGEL INVESTMENT GROUP | 2026-07-31 | $7.4M | $7.5M | -$85K |
| PIMCO High Yield Fund PIMCO FUNDS | 2026-06-30 | $7.1M | $7.1M | $2.0M |
| BlackRock Systematic Multi-Strategy Fund BlackRock Funds IV | 2026-06-30 | $6.4M | $6.3M | $3.6M |
| Nuveen High Yield Fund TIAA-CREF Funds | 2026-06-30 | $6.2M | $6.2M | $4.3M |
| Guggenheim Strategic Opportunities Fund | 2026-05-29 | $6.1M | $6.1M | $0 |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $5.4M | $5.4M | $95K |
| State Street(R) SPDR(R) Bloomberg High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $5.4M | $5.4M | $2.0M |
| SIIT HIGH YIELD BOND FUND SEI INSTITUTIONAL INVESTMENTS TRUST | 2026-05-31 | $4.9M | $4.9M | $3.2M |
| Fidelity High Income Fund Fidelity Summer Street Trust | 2026-07-31 | $4.7M | $4.7M | $0 |
| Touchstone Funds Group Trust-Touchstone Ares Credit Opportunities Fund Touchstone Funds Group Trust | 2026-06-30 | $4.4M | $4.4M | $900K |
| Guggenheim Limited Duration Fund Guggenheim Funds Trust | 2026-06-30 | $4.3M | $4.3M | $0 |
| Fidelity SAI High Income Fund Fidelity Summer Street Trust | 2026-07-31 | $4.2M | $4.3M | $190K |
| Fidelity Series High Income Fund Fidelity Summer Street Trust | 2026-07-31 | $3.9M | $3.9M | $0 |
| Barings Global Short Duration High Yield Fund | 2026-06-30 | $4.0M | $3.9M | $1.5M |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Nuveen Global High Income Fund ($1.7M), NVIT Loomis Short Term Bond Fund ($1.4M), Catholic Responsible Investments Bond Fund ($650K), Nuveen Multi-Asset Income Fund ($620K), Destinations Global Fixed Income Opportunities Fund ($486K), AB High Yield ETF ($460K), Voya Multi-Sector Income ETF ($350K), BlackRock HPS Credit Strategies Fund ($337K), Nationwide Loomis Short Term Bond Fund ($158K), BlackRock Global Allocation Fund, Inc. ($124K).
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 | 2 | $17.5M | $17.8M | 0.06% |
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | 2026-05-31 | 2 | $15.0M | $15.2M | 0.09% |
| HYDB iShares High Yield Systematic Bond ETF | 2026-05-31 | 2 | $11.5M | $11.6M | 0.71% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 2 | $9.8M | $9.8M | 0.09% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 2 | $5.4M | $5.4M | 0.07% |
| JNK State Street(R) SPDR(R) Bloomberg High Yield Bond ETF | 2026-06-30 | 1 | $5.4M | $5.4M | 0.07% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 2 | $3.9M | $3.9M | 0.08% |
| HYLB Xtrackers USD High Yield Corporate Bond ETF | 2026-05-29 | 2 | $3.0M | $3.0M | 0.09% |
| SRLN State Street(R) Blackstone Senior Loan ETF | 2026-06-30 | 2 | $2.3M | $2.2M | 0.04% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 2 | $2.1M | $2.1M | 0.09% |
| FBND Fidelity Total Bond ETF | 2026-05-31 | 2 | $2.1M | $2.1M | 0.01% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 3 | $1.9M | $1.9M | 0.07% |
| SIHY Harbor Ares Systematic High Yield ETF | 2026-07-31 | 2 | $1.5M | $1.5M | 1.04% |
| SYSB iShares Systematic Bond ETF | 2026-07-31 | 2 | $1.5M | $1.5M | 0.13% |
| CARY Angel Oak Income ETF | 2026-07-31 | 1 | $1.4M | $1.5M | 0.11% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 4.17: safer than 39% of companies (48th percentile in Energy). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $6.00B |
| Debt barrier (short-term + ½ long-term debt) | $897.5M |
| Equity volatility (1 year) | 53.9% |
| Asset value / asset volatility (solved) | $6.86B / 47.2% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 284 bp spread prices in about 4.7% 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'' = 0.74 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in CVI'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 | 21 | $9.5M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 215 | $2.86B | 11 | $22.4M | 10 | $22.1M | 0 |
| 2026-03-31 | 202 | $3.27B | 14 | $24.4M | 12 | $48.2M | 0 |
| 2025-12-31 | 214 | $2.61B | 10 | $10.2M | 10 | $8.5M | 1 |
| 2025-09-30 | 216 | $3.72B | 12 | $27.3M | 11 | $31.8M | 1 |
| 2025-06-30 | 200 | $2.72B | 11 | $22.0M | 13 | $31.4M | 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.