Flagstar Financial, Inc. bonds FLG
Who owns Flagstar Financial, 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. FLG 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 |
|---|---|---|---|---|---|---|---|---|---|
| 649445AC7 | 5.9% fixed | 2028-11-06 | USD | 97.53 | 7.09% | 286 bp | 5 | $28.1M | Jul 2026 |
| 64944P307 | 6% fixed | 2051-05-07 | USD | — | — | — | 1 | $10.2M | 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 | 2 | $38.3M | 97.53 | 7.09% | 286 bp | 5 |
| Jun 2026 | 1 | $4.0M | 96.84 | 7.38% | 326 bp | 4 |
| May 2026 | 2 | $9.8M | 95.68 | 7.88% | 387 bp | 3 |
| Apr 2026 | 2 | $53.6M | 95.99 | 7.68% | 387 bp | 4 |
| Mar 2026 | 1 | $4.0M | 97.20 | 7.09% | 337 bp | 4 |
| Feb 2026 | 2 | $10.1M | 98.54 | 6.50% | 299 bp | 3 |
| Jan 2026 | 1 | $15.0M | 96.26 | 7.42% | 382 bp | 2 |
| Dec 2025 | 1 | $3.5M | 96.21 | 7.40% | 385 bp | 3 |
| Nov 2025 | 2 | $5.2M | 96.48 | 7.25% | 369 bp | 1 |
| Oct 2025 | 1 | $14.9M | 95.78 | 7.49% | 396 bp | 2 |
| Sep 2025 | 1 | $1.9M | 96.54 | 7.16% | 360 bp | 1 |
| Aug 2025 | 2 | $5.1M | 94.92 | 7.73% | 405 bp | 1 |
| Jul 2025 | 1 | $9.8M | 94.40 | 7.87% | 402 bp | 2 |
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. 0 added, 2 cut, 1 new holders and 0 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Lord Abbett Short Duration High Yield Fund LORD ABBETT TRUST I | 2026-07-31 | $13.3M | $12.9M | $0 |
| Virtus InfraCap U.S. Preferred Stock ETF ETFis Series Trust I | 2026-07-31 | $250K | $10.2M | -$507K |
| Lord Abbett High Yield Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $7.0M | $6.7M | $0 |
| Leader Capital Short Term High Yield Bond Fund Leader Funds Trust | 2026-07-31 | $5.2M | $5.2M | $0 |
| Angel Oak Financial Strategies Income Term Trust | 2026-07-31 | $5.0M | $4.9M | new |
| John Hancock Financial Opportunities Fund | 2026-06-30 | $3.4M | $3.3M | $0 |
| Leader Capital High Quality Income Fund Leader Funds Trust | 2026-07-31 | $3.0M | $3.0M | $0 |
| Strategic Income Opportunities Fund John Hancock Funds II | 2026-05-31 | $2.4M | $2.3M | $0 |
| Victory Short-Term Bond Fund Victory Portfolios III | 2026-07-31 | $2.2M | $2.2M | $0 |
| Infrastructure Capital Bond Income ETF Series Portfolios Trust | 2026-05-31 | $16K | $639K | -$1K |
| Lord Abbett Flexible Income Fund | 2026-06-30 | $475K | $460K | $0 |
| Strategic Income Opportunities Trust John Hancock Variable Insurance Trust | 2026-06-30 | $240K | $232K | $0 |
| Multi-Manager Alternative Strategies Fund COLUMBIA FUNDS SERIES TRUST I | 2026-05-31 | $145K | $139K | $0 |
| Wilshire Income Opportunities Fund Wilshire Mutual Funds Inc | 2026-06-30 | $60K | $59K | $0 |
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
Not computed: financial company (banks, insurers, BDCs and REITs carry leverage as their business, which the model misreads).
Bond market: priced-in odds
A 286 bp spread prices in about 4.8% 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
Not available.
The stock side: 13F filings
What institutions report holding in FLG'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 | 31 | $12.0M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 388 | $5.22B | 15 | $137.2M | 18 | $177.3M | 0 |
| 2026-03-31 | 371 | $4.47B | 18 | $184.6M | 20 | $163.0M | 0 |
| 2025-12-31 | 371 | $4.57B | 20 | $199.4M | 22 | $199.1M | 0 |
| 2025-09-30 | 373 | $4.13B | 17 | $173.8M | 24 | $214.3M | 0 |
| 2025-06-30 | 376 | $3.87B | 20 | $181.9M | 24 | $177.7M | 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.