Freeport-McMoRan Inc. bonds FCX
Who owns Freeport-McMoRan 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. FCX 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 |
|---|---|---|---|---|---|---|---|---|---|
| 35671DCC7 | 5% fixed | 2027-09-01 | USD | 100.04 | 4.96% | 90 bp | 6 | $4.1M | Jul 2026 |
| 35671DCE3 | 4.125% fixed | 2028-03-01 | USD | 98.99 | 4.79% | 64 bp | 10 | $6.3M | Jul 2026 |
| 35671DCG8 | 4.375% fixed | 2028-08-01 | USD | 99.10 | 4.85% | 63 bp | 9 | $30.7M | Jul 2026 |
| 35671DCD5 | 5.25% fixed | 2029-09-01 | USD | 100.38 | 5.11% | 85 bp | 6 | $7.5M | Jul 2026 |
| 35671DCF0 | 4.25% fixed | 2030-03-01 | USD | 97.55 | 5.00% | 72 bp | 8 | $16.0M | Jul 2026 |
| 35671DCH6 | 4.625% fixed | 2030-08-01 | USD | 98.48 | 5.05% | 75 bp | 10 | $13.6M | Jul 2026 |
| 35671DBJ3 | 5.4% fixed | 2034-11-14 | USD | 99.68 | 5.45% | 93 bp | 12 | $8.4M | Jul 2026 |
| 35671DBC8 | 5.45% fixed | 2043-03-15 | USD | 92.94 | 6.13% | 120 bp | 20 | $13.5M | 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 | 8 | $100.1M | 99.05 | 5.03% | 80 bp | 20 |
| Jun 2026 | 8 | $585.7M | 99.32 | 4.88% | 69 bp | 48 |
| May 2026 | 8 | $435.0M | 99.57 | 4.82% | 68 bp | 34 |
| Apr 2026 | 8 | $113.8M | 99.61 | 4.85% | 89 bp | 21 |
| Mar 2026 | 8 | $591.2M | 99.38 | 4.89% | 103 bp | 55 |
| Feb 2026 | 8 | $407.8M | 100.14 | 4.54% | 78 bp | 36 |
| Jan 2026 | 8 | $114.6M | 99.98 | 4.60% | 83 bp | 23 |
| Dec 2025 | 8 | $587.9M | 100.04 | 4.59% | 88 bp | 53 |
| Nov 2025 | 8 | $400.4M | 99.97 | 4.63% | 86 bp | 39 |
| Oct 2025 | 8 | $114.9M | 99.87 | 4.68% | 97 bp | 24 |
| Sep 2025 | 8 | $590.6M | 99.59 | 4.86% | 110 bp | 55 |
| Aug 2025 | 8 | $354.7M | 99.98 | 4.71% | 87 bp | 39 |
| Jul 2025 | 8 | $131.1M | 99.11 | 4.89% | 91 bp | 25 |
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. 47 added, 47 cut, 16 new holders and 16 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 | $104.3M | $102.9M | -$500K |
| Baird Core Plus Bond Fund Baird Funds Inc | 2026-06-30 | $77.3M | $76.7M | $0 |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $75.5M | $74.6M | -$940K |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $42.5M | $42.2M | $0 |
| PGIM Short-Term Corporate Bond Fund Prudential Short-Term Corporate Bond Fund, Inc. | 2026-06-30 | $41.0M | $40.7M | $0 |
| Franklin Income Fund Franklin Custodian Funds | 2026-06-30 | $40.0M | $40.3M | $0 |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $36.4M | $37.0M | $2.6M |
| LORD ABBETT BOND DEBENTURE FUND INC | 2026-06-30 | $35.0M | $35.6M | $0 |
| Baird Aggregate Bond Fund Baird Funds Inc | 2026-06-30 | $35.0M | $34.1M | $0 |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $33.4M | $33.2M | $0 |
| Lord Abbett Short Duration Income Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $30.6M | $30.8M | new |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $28.8M | $28.5M | -$2.8M |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $28.7M | $28.2M | $0 |
| Lord Abbett Ultra Short Bond Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $19.2M | $19.2M | $10.0M |
| Strategic Income Opportunities Fund John Hancock Funds II | 2026-05-31 | $18.6M | $18.1M | $1.3M |
| Bond Fund John Hancock Sovereign Bond Fund | 2026-05-31 | $16.7M | $17.0M | $0 |
| Lord Abbett Income Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $17.0M | $16.5M | $0 |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $16.4M | $16.4M | -$1.8M |
| T. Rowe Price New Income Fund, Inc. T. ROWE PRICE NEW INCOME FUND, INC. | 2026-05-31 | $15.2M | $15.1M | $0 |
| iShares iBoxx $ Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $12.9M | $12.5M | $1.8M |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $12.1M | $12.0M | $0 |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $11.7M | $11.7M | $385K |
| Baird Short-Term Bond Fund Baird Funds Inc | 2026-06-30 | $11.6M | $11.5M | $0 |
| Fidelity Series Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $11.1M | $11.0M | $0 |
| T. Rowe Price Ultra Short-Term Bond Fund T. ROWE PRICE SHORT-TERM BOND FUND, INC. | 2026-05-31 | $10.8M | $10.8M | -$3.8M |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Franklin Managed Income Fund ($15.0M), Fidelity SAI Enhanced Core Bond Fund ($5.0M), AST J.P. Morgan Fixed Income Central Portfolio ($1.7M), State Street(R) DoubleLine(R) Total Return Tactical ETF ($700K), 1290 VT DoubleLine Opportunistic Bond Portfolio ($500K), JNL/DoubleLine Core Fixed Income Fund ($500K), VALUE LINE CAPITAL APPRECIATION FUND INC ($500K), JPMorgan Corporate Bond Fund ($475K), Variable Portfolio - Partners Core Bond Fund ($308K), Transamerica JPMorgan Tactical Allocation VP ($290K).
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 | 8 | $104.3M | $102.9M | 0.03% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 5 | $42.5M | $42.2M | 0.08% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $36.4M | $37.0M | 0.05% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 8 | $28.8M | $28.5M | 0.02% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 6 | $16.4M | $16.4M | 0.07% |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $12.9M | $12.5M | 0.04% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 5 | $12.1M | $12.0M | 0.02% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 8 | $11.7M | $11.7M | 0.07% |
| SCCR Schwab Core Bond ETF | 2026-06-30 | 1 | $8.0M | $7.8M | 0.52% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 3 | $7.8M | $7.7M | 0.07% |
| BSCS Invesco BulletShares 2028 Corporate Bond ETF | 2026-05-31 | 2 | $7.5M | $7.5M | 0.21% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 6 | $7.4M | $7.4M | 0.06% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 8 | $7.5M | $7.4M | 0.02% |
| BSCU Invesco BulletShares 2030 Corporate Bond ETF | 2026-05-31 | 2 | $7.0M | $7.0M | 0.28% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 1 | $6.6M | $6.7M | 0.01% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 6.50: safer than 62% of companies (69th percentile in Basic Materials). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $100.56B |
| Debt barrier (short-term + ½ long-term debt) | $5.30B |
| Equity volatility (1 year) | 47.4% |
| Asset value / asset volatility (solved) | $105.64B / 45.1% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 80 bp spread prices in about 1.3% 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 = 3.22 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in FCX'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 | 310 | $1.93B | 2 | $91K | 4 | $1.6M | 0 |
| 2026-06-30 | 1,873 | $75.88B | 60 | $3.46B | 73 | $3.48B | 2 |
| 2026-03-31 | 1,831 | $61.87B | 59 | $2.95B | 68 | $2.65B | 3 |
| 2025-12-31 | 1,691 | $61.08B | 64 | $2.59B | 84 | $2.96B | 2 |
| 2025-09-30 | 1,499 | $45.77B | 62 | $2.25B | 78 | $2.60B | 2 |
| 2025-06-30 | 1,502 | $51.02B | 54 | $1.85B | 77 | $1.94B | 3 |
Officials trading FCX bonds
| Trade date | Official | Type | Description | Amount | Filing |
|---|---|---|---|---|---|
| 2026-07-24 | John Fetterman | sale | Freeport-McMoRan Inc | $1,001 - $15,000 | filing |
| 2026-07-24 | John Karl Fetterman | sale | Freeport-McMoRan Inc | $1,001 - $15,000 | filing |
| 2026-07-24 | John Fetterman | sale full | Freeport McMoran Rate/Coupon: 9.5% Matures: 2031-06-01 | $1,001 - $15,000 | filing |
| 2026-07-24 | John Fetterman | sale full | Freeport McMoran Rate/Coupon: 9.5% Matures: 2031-06-01 | $1,001 - $15,000 | filing |
| 2024-06-21 | John Fetterman | purchase | Freeport-McMoRan Inc | $1,001 - $15,000 | filing |
| 2024-06-21 | John Karl Fetterman | purchase | Freeport-McMoRan Inc | $1,001 - $15,000 | filing |
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.