Chevron Corporation bonds CVX
Who owns Chevron 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. CVX 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 |
|---|---|---|---|---|---|---|---|---|---|
| 166756BA3 | 4% floating | 2027-02-26 | USD | 100.04 | — | — | 11 | $115.3M | Jul 2026 |
| 166756AZ9 | 4.41% fixed | 2027-02-26 | USD | 100.09 | 4.24% | 37 bp | 2 | $5.5M | Jul 2026 |
| 166756AQ9 | 8% fixed | 2027-04-01 | USD | 102.15 | 5.04% | 121 bp | 1 | $2.7M | Jun 2026 |
| 166764BX7 | 1.995% fixed | 2027-05-11 | USD | 98.31 | 4.22% | 27 bp | 2 | $8.5M | Jul 2026 |
| 166756AL0 | 1.02% fixed | 2027-08-12 | USD | 96.79 | 4.23% | 17 bp | 8 | $8.9M | Jul 2026 |
| 166756BG0 | 3.95% fixed | 2027-08-13 | USD | 99.71 | 4.23% | 18 bp | 7 | $5.5M | Jul 2026 |
| 166756AR7 | 3.85% fixed | 2028-01-15 | USD | 99.28 | 4.37% | 24 bp | 6 | $6.2M | Jul 2026 |
| 166756BC9 | 4.11% floating | 2028-02-26 | USD | 100.23 | — | — | 15 | $160.1M | Jul 2026 |
| 166756BB1 | 4.48% fixed | 2028-02-26 | USD | 100.08 | 4.42% | 28 bp | 14 | $62.9M | Jul 2026 |
| 166756BH8 | 4.05% fixed | 2028-08-13 | USD | 99.46 | 4.33% | 11 bp | 9 | $12.0M | Jul 2026 |
| 166756BM7 | 4.2% floating | 2028-08-13 | USD | 100.52 | — | — | 15 | $161.0M | Jul 2026 |
| 166756AS5 | 3.25% fixed | 2029-10-15 | USD | 96.07 | 4.58% | 31 bp | 6 | $22.3M | Jul 2026 |
| 166756BD7 | 4.687% fixed | 2030-04-15 | USD | 99.98 | 4.69% | 41 bp | 13 | $39.6M | Jul 2026 |
| 166764BY5 | 2.236% fixed | 2030-05-11 | USD | 91.50 | 4.72% | 43 bp | 11 | $23.2M | Jul 2026 |
| 166756BJ4 | 4.3% fixed | 2030-10-15 | USD | 98.64 | 4.66% | 36 bp | 13 | $36.6M | Jul 2026 |
| 166756BN5 | 4.48% floating | 2030-10-15 | USD | 100.79 | — | — | 8 | $87.4M | Jul 2026 |
| 166756BE5 | 4.819% fixed | 2032-04-15 | USD | 99.88 | 4.84% | 47 bp | 5 | $6.1M | Jul 2026 |
| 166756BK1 | 4.5% fixed | 2032-10-15 | USD | 98.35 | 4.81% | 40 bp | 7 | $11.3M | Jul 2026 |
| 166756BF2 | 4.98% fixed | 2035-04-15 | USD | 98.93 | 5.13% | 59 bp | 10 | $9.2M | Jul 2026 |
| 166756BL9 | 4.85% fixed | 2035-10-15 | USD | 97.74 | 5.16% | 60 bp | 7 | $3.1M | Jul 2026 |
| 166764BZ2 | 2.978% fixed | 2040-05-11 | USD | 74.72 | 5.64% | 85 bp | 2 | $3.2M | Jul 2026 |
| 166756AT3 | 6% fixed | 2041-03-01 | USD | 106.25 | 5.38% | 54 bp | 4 | $1.2M | Jul 2026 |
| 166756AU0 | 5.25% fixed | 2043-11-15 | USD | 95.23 | 5.69% | 71 bp | 5 | $5.2M | Jul 2026 |
| 166756AV8 | 5.05% fixed | 2044-11-15 | USD | 96.35 | 5.36% | 42 bp | 1 | $67K | May 2026 |
| 166756AW6 | 4.95% fixed | 2047-08-15 | USD | 93.28 | 5.49% | 53 bp | 1 | $28K | Jun 2026 |
| 166756AX4 | 4.2% fixed | 2049-10-15 | USD | 81.50 | 5.63% | 60 bp | 3 | $4.2M | May 2026 |
| 166764CA6 | 3.078% fixed | 2050-05-11 | USD | 63.86 | 5.93% | 83 bp | 6 | $2.3M | Jul 2026 |
| 166756AH9 | 2.343% fixed | 2050-08-12 | USD | 54.38 | 5.93% | 82 bp | 3 | $1.3M | 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 |
|---|---|---|---|---|---|---|
| Jul 2026 | 24 | $797.8M | 99.11 | 4.76% | 42 bp | 15 |
| Jun 2026 | 26 | $789.0M | 99.59 | 4.59% | 35 bp | 27 |
| May 2026 | 27 | $929.8M | 99.90 | 4.53% | 32 bp | 21 |
| Apr 2026 | 25 | $755.5M | 100.06 | 4.34% | 42 bp | 17 |
| Mar 2026 | 30 | $835.4M | 100.02 | 4.29% | 48 bp | 32 |
| Feb 2026 | 28 | $1.03B | 100.59 | 4.08% | 27 bp | 22 |
| Jan 2026 | 25 | $764.0M | 100.44 | 4.09% | 35 bp | 16 |
| Dec 2025 | 29 | $853.1M | 100.25 | 4.08% | 43 bp | 31 |
| Nov 2025 | 28 | $1.09B | 100.21 | 4.24% | 40 bp | 21 |
| Oct 2025 | 26 | $721.3M | 100.28 | 4.11% | 48 bp | 16 |
| Sep 2025 | 28 | $868.7M | 100.25 | 4.15% | 49 bp | 31 |
| Aug 2025 | 28 | $1.08B | 99.96 | 4.39% | 39 bp | 21 |
| Jul 2025 | 22 | $699.9M | 99.50 | 4.45% | 42 bp | 15 |
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. 53 added, 55 cut, 5 new holders and 36 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $211.4M | $208.5M | $3.7M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $179.1M | $176.9M | $5.5M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $136.7M | $137.2M | $8.6M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $120.4M | $120.1M | -$37.5M |
| DFA TWO-YEAR GLOBAL FIXED INCOME PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $90.1M | $90.2M | $8.1M |
| DFA FIVE-YEAR GLOBAL FIXED INCOME PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $74.9M | $75.2M | -$5.3M |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $72.4M | $68.1M | -$1.2M |
| PGIM Ultra Short Bond ETF PGIM ETF Trust | 2026-05-29 | $67.8M | $68.1M | $0 |
| iShares Floating Rate Bond ETF iShares Trust | 2026-07-31 | $63.5M | $63.7M | $19.4M |
| JPMorgan Strategic Income Opportunities Fund JPMorgan Trust I | 2026-05-31 | $62.2M | $62.3M | $0 |
| Dimensional Short-Duration Fixed Income ETF Dimensional ETF Trust | 2026-07-31 | $59.6M | $57.8M | $5.7M |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $58.6M | $57.3M | -$6.0M |
| iShares iBoxx $ Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $62.2M | $56.9M | -$1.1M |
| DFA Short-Term Extended Quality Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $51.6M | $51.9M | $15.0M |
| Navigator Tactical Fixed Income Fund Northern Lights Fund Trust | 2026-07-31 | $48.3M | $48.4M | $0 |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $44.5M | $43.7M | -$11.4M |
| Capital Group Central Corporate Bond Fund Capital Group Central Fund Series II | 2026-05-31 | $45.3M | $43.3M | $0 |
| Putnam Ultra Short Duration Income Fund Putnam Funds Trust | 2026-07-31 | $40.3M | $40.5M | $0 |
| DFA ONE-YEAR FIXED INCOME PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $39.4M | $39.4M | $19.5M |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $37.1M | $37.0M | $1.6M |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $36.2M | $31.2M | $0 |
| Invesco BulletShares 2027 Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $30.5M | $30.1M | $439K |
| State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $29.9M | $29.7M | $7.5M |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $26.5M | $26.7M | $1.1M |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $27.7M | $26.3M | $250K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Invesco BulletShares 2026 Corporate Bond ETF ($23.2M), iShares iBonds Dec 2026 Term Corporate ETF ($19.2M), U.S. Government Securities Fund ($14.0M), Victory Pioneer Bond Fund ($10.3M), Ultra-Short Bond Fund ($10.0M), Invesco Equity and Income Fund ($9.8M), SA Federated Hermes Corporate Bond Portfolio ($7.4M), SIIT INTERMEDIATE DURATION CREDIT FUND ($6.2M), NVIT Loomis Core Bond Fund ($5.0M), VOYA INTERMEDIATE BOND FUND ($3.5M).
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 |
|---|---|---|---|---|---|
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 14 | $211.4M | $208.5M | 0.05% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 4 | $136.7M | $137.2M | 0.20% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 7 | $120.4M | $120.1M | 0.24% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 18 | $72.4M | $68.1M | 0.05% |
| PULS PGIM Ultra Short Bond ETF | 2026-05-29 | 2 | $67.8M | $68.1M | 0.42% |
| FLOT iShares Floating Rate Bond ETF | 2026-07-31 | 4 | $63.5M | $63.7M | 0.62% |
| DFSD Dimensional Short-Duration Fixed Income ETF | 2026-07-31 | 6 | $59.6M | $57.8M | 0.81% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 9 | $58.6M | $57.3M | 0.08% |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 2026-05-31 | 8 | $62.2M | $56.9M | 0.19% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 9 | $44.5M | $43.7M | 0.20% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 4 | $37.1M | $37.0M | 0.07% |
| BSCR Invesco BulletShares 2027 Corporate Bond ETF | 2026-05-31 | 4 | $30.5M | $30.1M | 0.65% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 10 | $29.9M | $29.7M | 0.26% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 4 | $26.5M | $26.7M | 0.15% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 19 | $27.7M | $26.3M | 0.15% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 13.96: safer than 90% of companies (94th percentile in Energy). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $444.59B |
| Debt barrier (short-term + ½ long-term debt) | $18.74B |
| Equity volatility (1 year) | 24.0% |
| Asset value / asset volatility (solved) | $462.54B / 23.1% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 42 bp spread prices in about 0.7% 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'' = 4.43 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in CVX'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 | 872 | $5.73B | 3 | $56.6M | 4 | $5.0M | 1 |
| 2026-06-30 | 4,124 | $235.02B | 61 | $3.04B | 65 | $4.01B | 2 |
| 2026-03-31 | 4,286 | $245.95B | 66 | $5.04B | 67 | $5.60B | 2 |
| 2025-12-31 | 3,973 | $215.87B | 52 | $2.85B | 63 | $3.19B | 2 |
| 2025-09-30 | 3,790 | $220.77B | 65 | $3.31B | 72 | $4.49B | 2 |
| 2025-06-30 | 3,693 | $185.25B | 62 | $3.64B | 66 | $3.25B | 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.