Commvault Systems, Inc. bonds CVLT
Who owns Commvault Systems, 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. CVLT 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 |
|---|---|---|---|---|---|---|---|---|---|
| 204166AA0 convertible | 0% none | 2030-09-15 | USD | 88.77 | — | — | 5 | $40.6M | Jul 2026 |
Spread history
Median spread of the US-dollar bonds over Treasuries, month-ends with complete filings. Fund-reported.
Not enough US-dollar bonds with a yield.
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 | $40.6M | 88.77 | — | — | 5 |
| Jun 2026 | 1 | $25.1M | 95.19 | — | — | 6 |
| May 2026 | 1 | $2.9M | 92.07 | — | — | 3 |
| Apr 2026 | 1 | $51.9M | 88.47 | — | — | 6 |
| Mar 2026 | 1 | $19.4M | 80.87 | — | — | 9 |
| Feb 2026 | 1 | $2.6M | 83.87 | — | — | 3 |
| Jan 2026 | 1 | $53.3M | 84.42 | — | — | 11 |
| Dec 2025 | 1 | $20.4M | 88.67 | — | — | 20 |
| Nov 2025 | 1 | $8.8M | 87.42 | — | — | 4 |
| Oct 2025 | 1 | $55.7M | 91.41 | — | — | 13 |
| Sep 2025 | 1 | $26.4M | 103.39 | — | — | 24 |
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. 7 added, 1 cut, 3 new holders and 7 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Calamos Market Neutral Income Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $25.0M | $22.2M | $0 |
| iShares Convertible Bond ETF iShares Trust | 2026-07-31 | $18.8M | $16.7M | $1.9M |
| State Street(R) SPDR(R) Bloomberg Convertible Securities ETF SPDR SERIES TRUST | 2026-06-30 | $13.1M | $12.4M | $2.0M |
| ABSOLUTE CONVERTIBLE ARBITRAGE FUND Unified Series Trust | 2026-06-30 | $11.5M | $11.0M | $1.5M |
| JPMorgan Strategic Income Opportunities Fund JPMorgan Trust I | 2026-05-31 | $2.8M | $2.6M | $0 |
| ABSOLUTE FLEXIBLE FUND Unified Series Trust | 2026-06-30 | $1.5M | $1.4M | $500K |
| WESTWOOD ALTERNATIVE INCOME FUND Ultimus Managers Trust | 2026-07-31 | $1.5M | $1.3M | new |
| Harbor Ares Systematic Convertible Securities Fund HARBOR FUNDS | 2026-07-31 | $400K | $357K | new |
| Franklin Alternative Strategies Fund Franklin Alternative Strategies Funds | 2026-05-29 | $267K | $246K | $72K |
| 1290 VT Convertible Securities Portfolio EQ Advisors Trust | 2026-06-30 | $160K | $152K | $0 |
| JNL Multi-Manager Alternative Fund JNL Series Trust | 2026-06-30 | $103K | $97K | $63K |
| Opportunistic Fixed Income Fund John Hancock Funds II | 2026-05-31 | $75K | $69K | -$19K |
| Lazard Enhanced Opportunities Portfolio LAZARD FUNDS INC | 2026-06-30 | $46K | $44K | $45K |
| PACE Alternative Strategies Investments PACE SELECT ADVISORS TRUST | 2026-07-31 | $39K | $34K | new |
| Miller Convertible Bond Fund Miller Investment Trust | 2026-07-31 | $0 | $0 | -$10.0M |
| Miller Intermediate Bond Fund Miller Investment Trust | 2026-07-31 | $0 | $0 | -$4.5M |
| Miller Market Neutral Income Fund Miller Investment Trust | 2026-07-31 | $0 | $0 | -$2.0M |
| American Beacon SSI Alternative Income Fund AMERICAN BEACON FUNDS | 2026-06-30 | $0 | $0 | -$1.4M |
| Morningstar Alternatives Fund Morningstar Funds Trust | 2026-07-31 | $0 | $0 | -$355K |
| Strategic Alternatives Fund GuideStone Funds | 2026-06-30 | $0 | $0 | -$252K |
| Opportunistic Fixed Income Trust John Hancock Variable Insurance Trust | 2026-06-30 | $0 | $0 | -$90K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Miller Convertible Bond Fund ($10.0M), Miller Intermediate Bond Fund ($4.5M), Miller Market Neutral Income Fund ($2.0M), American Beacon SSI Alternative Income Fund ($1.4M), Morningstar Alternatives Fund ($355K), Strategic Alternatives Fund ($252K), Opportunistic Fixed Income Trust ($90K).
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.
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 4.38: safer than 42% of companies (40th percentile in Technology). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $6.34B |
| Debt barrier (short-term + ½ long-term debt) | $448.1M |
| Equity volatility (1 year) | 63.0% |
| Asset value / asset volatility (solved) | $6.76B / 59.0% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
No US-dollar bond with a yield to compute it from.
Accounts: Altman Z
Altman Z'' = 0.09 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in CVLT'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 | 33 | $157.5M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 417 | $6.06B | 10 | $14.3M | 14 | $70.3M | 0 |
| 2026-03-31 | 367 | $2.67B | 8 | $6.3M | 10 | $19.3M | 0 |
| 2025-12-31 | 381 | $5.25B | 8 | $21.6M | 11 | $35.2M | 0 |
| 2025-09-30 | 432 | $8.30B | 8 | $24.7M | 10 | $74.3M | 1 |
| 2025-06-30 | 450 | $7.69B | 12 | $113.9M | 12 | $49.9M | 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.