Eastman Chemical Company bonds EMN
Who owns Eastman Chemical Company'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. EMN 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 |
|---|---|---|---|---|---|---|---|---|---|
| 277432AD2 | 7.6% fixed | 2027-02-01 | USD | 101.42 | 5.39% | 169 bp | 1 | $7.6M | May 2026 |
| 277432AW0 | 4.5% fixed | 2028-12-01 | USD | 99.25 | 4.84% | 61 bp | 8 | $17.2M | Jul 2026 |
| 277432AZ3 | 5% fixed | 2029-08-01 | USD | 100.15 | 4.94% | 68 bp | 15 | $42.5M | Jul 2026 |
| 277432BB5 | 4.5% fixed | 2031-02-20 | USD | 97.18 | 5.20% | 89 bp | 26 | $94.2M | Jul 2026 |
| 277432AX8 | 5.75% fixed | 2033-03-08 | USD | 101.72 | 5.44% | 100 bp | 10 | $18.6M | Jul 2026 |
| 277432AY6 | 5.625% fixed | 2034-02-20 | USD | 100.20 | 5.59% | 111 bp | 9 | $29.3M | Jul 2026 |
| 277432AL4 | 4.8% fixed | 2042-09-01 | USD | 86.01 | 6.18% | 127 bp | 11 | $24.6M | Jul 2026 |
| 277432AP5 | 4.65% fixed | 2044-10-15 | USD | 82.59 | 6.27% | 125 bp | 10 | $6.5M | 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 | 7 | $232.8M | 99.25 | 5.44% | 100 bp | 26 |
| Jun 2026 | 7 | $309.8M | 99.51 | 5.15% | 84 bp | 33 |
| May 2026 | 8 | $191.7M | 100.34 | 5.09% | 80 bp | 19 |
| Apr 2026 | 7 | $237.8M | 100.05 | 5.09% | 99 bp | 27 |
| Mar 2026 | 7 | $310.3M | 100.04 | 5.16% | 117 bp | 37 |
| Feb 2026 | 7 | $184.9M | 101.12 | 4.68% | 81 bp | 19 |
| Jan 2026 | 6 | $137.9M | 101.56 | 5.05% | 102 bp | 18 |
| Dec 2025 | 6 | $266.4M | 101.46 | 5.03% | 108 bp | 36 |
| Nov 2025 | 6 | $156.3M | 101.35 | 5.01% | 110 bp | 18 |
| Oct 2025 | 6 | $137.0M | 101.17 | 5.05% | 116 bp | 23 |
| Sep 2025 | 6 | $257.9M | 101.11 | 5.05% | 111 bp | 36 |
| Aug 2025 | 6 | $187.9M | 101.08 | 5.24% | 115 bp | 18 |
| Jul 2025 | 6 | $134.6M | 100.50 | 5.26% | 102 bp | 22 |
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. 41 added, 39 cut, 10 new holders and 5 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $129.4M | $129.4M | $0 |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $68.8M | $66.2M | -$147K |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $61.1M | $60.3M | -$1.5M |
| VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $40.0M | $40.3M | $0 |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $37.0M | $36.9M | $3.1M |
| DFA Short-Term Extended Quality Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $36.1M | $35.1M | $0 |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $19.1M | $18.4M | -$435K |
| iShares iBoxx $ Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $18.9M | $18.1M | $1.7M |
| DFA Investment Grade Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $21.1M | $18.1M | $0 |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $17.5M | $17.5M | $1.4M |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $11.1M | $11.1M | $605K |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $11.0M | $10.7M | $1.4M |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $9.4M | $9.6M | -$90K |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $9.3M | $9.5M | $645K |
| Loomis Sayles Core Plus Bond Fund Natixis Funds Trust I | 2026-06-30 | $8.9M | $8.9M | $0 |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $9.0M | $8.7M | $0 |
| NVIT Loomis Core Bond Fund Nationwide Variable Insurance Trust | 2026-06-30 | $8.5M | $8.4M | $0 |
| State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $7.9M | $7.9M | $1.3M |
| Thompson Bond Fund Thompson IM Funds, Inc. | 2026-05-31 | $7.5M | $7.6M | new |
| Fidelity Series Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $7.0M | $6.9M | $660K |
| VANGUARD LONG-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $8.0M | $6.9M | $874K |
| Schwab 5-10 Year Corporate Bond ETF SCHWAB STRATEGIC TRUST | 2026-06-30 | $6.7M | $6.9M | $640K |
| First Trust Smith Opportunistic Fixed Income ETF First Trust Exchange-Traded Fund VIII | 2026-05-31 | $6.5M | $6.4M | $0 |
| VANGUARD ULTRA-SHORT-TERM BOND FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $6.3M | $6.2M | new |
| iShares iBonds Dec 2029 Term Corporate ETF iShares Trust | 2026-07-31 | $6.1M | $6.1M | $288K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): THRIVENT CORE INVESTMENT GRADE CORPORATE BOND FUND ($2.8M), Thrivent Core Plus Bond ETF ($750K), PIMCO Moderate Duration Fund ($700K), THRIVENT MODERATE ALLOCATION PORTFOLIO ($551K), VALUE LINE CAPITAL APPRECIATION FUND INC ($500K).
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 | 6 | $68.8M | $66.2M | 0.02% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 3 | $37.0M | $36.9M | 0.07% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 7 | $19.1M | $18.4M | 0.01% |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 2026-05-31 | 3 | $18.9M | $18.1M | 0.06% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 2 | $17.5M | $17.5M | 0.03% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 3 | $11.1M | $11.1M | 0.05% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 7 | $11.0M | $10.7M | 0.06% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $9.4M | $9.6M | 0.05% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 2 | $9.3M | $9.5M | 0.02% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 5 | $7.9M | $7.9M | 0.07% |
| VCLT VANGUARD LONG-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 2 | $8.0M | $6.9M | 0.07% |
| SCHI Schwab 5-10 Year Corporate Bond ETF | 2026-06-30 | 2 | $6.7M | $6.9M | 0.06% |
| FIXD First Trust Smith Opportunistic Fixed Income ETF | 2026-05-31 | 1 | $6.5M | $6.4M | 0.19% |
| IBDU iShares iBonds Dec 2029 Term Corporate ETF | 2026-07-31 | 1 | $6.1M | $6.1M | 0.15% |
| UCON First Trust Smith Unconstrained Bond ETF | 2026-05-31 | 1 | $6.0M | $5.9M | 0.18% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 5.33: safer than 52% of companies (58th percentile in Basic Materials). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $7.13B |
| Debt barrier (short-term + ½ long-term debt) | $2.99B |
| Equity volatility (1 year) | 32.2% |
| Asset value / asset volatility (solved) | $10.00B / 22.9% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 100 bp spread prices in about 1.7% 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 = 2.23 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in EMN'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 | 82 | $176.8M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 636 | $6.92B | 10 | $26.3M | 12 | $111.3M | 1 |
| 2026-03-31 | 628 | $6.94B | 14 | $33.1M | 11 | $62.2M | 1 |
| 2025-12-31 | 625 | $6.36B | 13 | $37.7M | 16 | $139.1M | 1 |
| 2025-09-30 | 653 | $6.22B | 16 | $69.7M | 15 | $114.3M | 1 |
| 2025-06-30 | 743 | $7.61B | 14 | $13.2M | 18 | $106.6M | 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.