Dynatrace, Inc. bonds DT
Who owns Dynatrace, 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. DT 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 |
|---|---|---|---|---|---|---|---|---|---|
| 25156PBA0 | 3.6% fixed | 2027-01-19 | USD | 99.56 | 4.55% | 73 bp | 2 | $1.8M | Jul 2026 |
| 25156PBB8 | 4.38% fixed | 2028-06-21 | USD | 99.45 | 4.68% | 48 bp | 4 | $2.8M | Jul 2026 |
| 25156PAC7 | 8.75% fixed | 2030-06-15 | USD | 111.34 | 5.46% | 117 bp | 21 | $50.4M | 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 | $55.0M | 99.56 | 5.07% | 83 bp | 21 |
| Jun 2026 | 3 | $293.6M | 99.79 | 4.85% | 71 bp | 45 |
| May 2026 | 3 | $236.3M | 99.87 | 4.78% | 73 bp | 30 |
| Apr 2026 | 3 | $56.3M | 99.93 | 4.60% | 76 bp | 24 |
| Mar 2026 | 3 | $278.5M | 100.13 | 4.56% | 80 bp | 41 |
| Feb 2026 | 3 | $209.2M | 100.84 | 4.14% | 59 bp | 31 |
| Jan 2026 | 3 | $53.3M | 100.67 | 4.30% | 65 bp | 29 |
| Dec 2025 | 3 | $271.9M | 100.65 | 4.10% | 58 bp | 43 |
| Nov 2025 | 3 | $169.6M | 100.63 | 4.12% | 56 bp | 27 |
| Oct 2025 | 3 | $117.1M | 100.50 | 4.17% | 65 bp | 29 |
| Sep 2025 | 2 | $267.2M | 109.27 | 4.30% | 71 bp | 47 |
| Aug 2025 | 3 | $152.1M | 100.52 | 4.27% | 50 bp | 25 |
| Jul 2025 | 3 | $124.5M | 100.03 | 4.57% | 59 bp | 26 |
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. 24 added, 5 cut, 15 new holders and 9 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $60.8M | $68.8M | $24.8M |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $59.1M | $66.5M | $715K |
| Lord Abbett Short Duration Income Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $50.6M | $57.3M | $10.5M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $47.7M | $53.6M | $0 |
| PIMCO Short-Term Floating NAV Portfolio III PIMCO FUNDS | 2026-06-30 | $34.0M | $33.9M | $0 |
| Thornburg Investment Income Builder Fund THORNBURG INVESTMENT TRUST | 2026-06-30 | $26.1M | $29.4M | $0 |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $26.6M | $29.4M | $165K |
| iShares iBonds Dec 2030 Term Corporate ETF iShares Trust | 2026-07-31 | $19.4M | $21.6M | $1.2M |
| iShares iBoxx $ Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $19.0M | $21.5M | -$5.6M |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $17.8M | $20.1M | $0 |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $17.4M | $19.6M | $425K |
| PIMCO Short-Term Floating NAV Portfolio II PIMCO FUNDS | 2026-06-30 | $19.0M | $18.9M | $0 |
| PGIM Short-Term Corporate Bond Fund Prudential Short-Term Corporate Bond Fund, Inc. | 2026-06-30 | $12.4M | $12.3M | $0 |
| State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $8.6M | $9.7M | $3.3M |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $8.5M | $9.3M | -$225K |
| THRIVENT CORE INVESTMENT GRADE CORPORATE BOND FUND Thrivent Core Funds | 2026-07-31 | $6.2M | $6.9M | $0 |
| Congress Intermediate Bond ETF Professionally Managed Portfolios | 2026-07-31 | $6.0M | $6.7M | $500K |
| iShares Core Universal USD Bond ETF iShares Trust | 2026-07-31 | $6.2M | $6.6M | $1.0M |
| iShares Investment Grade Systematic Bond ETF iShares Trust | 2026-05-31 | $5.7M | $6.4M | -$470K |
| Ultra Short Income Portfolio MORGAN STANLEY INSTITUTIONAL FUND TRUST | 2026-06-30 | $5.7M | $5.7M | new |
| Fidelity Series Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $4.4M | $5.0M | $0 |
| Nuveen Bond Index Fund TIAA-CREF Funds | 2026-06-30 | $3.7M | $4.2M | $0 |
| VANGUARD BALANCED INDEX FUND VANGUARD VALLEY FORGE FUNDS | 2026-06-30 | $3.5M | $3.9M | $0 |
| PIMCO Short Asset Investment Fund PIMCO FUNDS | 2026-06-30 | $3.5M | $3.4M | new |
| PIMCO Enhanced Short Maturity Active Exchange-Traded Fund PIMCO ETF Trust | 2026-06-30 | $3.1M | $3.1M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): THRIVENT MODERATE ALLOCATION PORTFOLIO ($1.5M), iShares Systematic Bond ETF ($1.4M), BondBloxx BBB Rated 1-5 Year Corporate Bond ETF ($490K), Harbor Ares Systematic Multi-Sector Income ETF ($300K), Columbia Short Duration Bond ETF ($260K), VanEck Moody's Analytics BBB Corporate Bond ETF ($100K), PGIM Active Aggregate Bond ETF ($75K), Opportunistic Credit Fund ($62K), Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF ($28K).
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 |
|---|---|---|---|---|---|
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $60.8M | $68.8M | 0.14% |
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 1 | $59.1M | $66.5M | 0.02% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $26.6M | $29.4M | 0.13% |
| IBDV iShares iBonds Dec 2030 Term Corporate ETF | 2026-07-31 | 1 | $19.4M | $21.6M | 0.66% |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $19.0M | $21.5M | 0.07% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 1 | $17.8M | $20.1M | 0.01% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 1 | $17.4M | $19.6M | 0.03% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 1 | $8.6M | $9.7M | 0.08% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $8.5M | $9.3M | 0.05% |
| CAFX Congress Intermediate Bond ETF | 2026-07-31 | 1 | $6.0M | $6.7M | 2.09% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 2 | $6.2M | $6.6M | 0.02% |
| IGEB iShares Investment Grade Systematic Bond ETF | 2026-05-31 | 1 | $5.7M | $6.4M | 0.47% |
| MINT PIMCO Enhanced Short Maturity Active Exchange-Traded Fund | 2026-06-30 | 1 | $3.1M | $3.1M | 0.02% |
| SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF | 2026-07-31 | 1 | $2.6M | $2.9M | 0.12% |
| JPST JPMorgan Ultra-Short Income ETF | 2026-05-31 | 1 | $1.6M | $1.6M | 0.00% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 12.59: safer than 88% of companies (88th percentile in Technology). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $17.85B |
| Debt barrier (short-term + ½ long-term debt) | $79.6M |
| Equity volatility (1 year) | 42.8% |
| Asset value / asset volatility (solved) | $17.92B / 42.6% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 83 bp spread prices in about 1.4% 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'' = 2.87 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in DT'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 | 66 | $201.5M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 583 | $12.77B | 13 | $46.7M | 19 | $133.9M | 0 |
| 2026-03-31 | 562 | $9.53B | 12 | $15.8M | 16 | $62.3M | 0 |
| 2025-12-31 | 646 | $12.41B | 15 | $41.2M | 19 | $185.8M | 0 |
| 2025-09-30 | 613 | $13.63B | 17 | $57.3M | 23 | $119.5M | 0 |
| 2025-06-30 | 617 | $15.40B | 16 | $56.3M | 19 | $113.5M | 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.