Flowers Foods, Inc. bonds FLO
Who owns Flowers Foods, 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. FLO 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 |
|---|---|---|---|---|---|---|---|---|---|
| 343498AB7 | 3.5% fixed | 2026-10-01 | USD | 99.75 | 4.95% | 122 bp | 3 | $8.7M | Jul 2026 |
| 343498AC5 | 2.4% fixed | 2031-03-15 | USD | 86.01 | 5.90% | 158 bp | 12 | $13.6M | Jul 2026 |
| 343498AD3 | 5.75% fixed | 2035-03-15 | USD | 94.24 | 6.64% | 210 bp | 12 | $15.4M | Jul 2026 |
| 343498AE1 | 6.2% fixed | 2055-03-15 | USD | 79.42 | 8.05% | 295 bp | 5 | $816K | 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 | 4 | $38.5M | 90.13 | 6.64% | 210 bp | 12 |
| Jun 2026 | 4 | $119.5M | 91.95 | 6.18% | 177 bp | 29 |
| May 2026 | 4 | $91.2M | 91.29 | 6.26% | 185 bp | 23 |
| Apr 2026 | 4 | $32.7M | 91.07 | 6.29% | 204 bp | 16 |
| Mar 2026 | 4 | $120.2M | 90.01 | 6.43% | 225 bp | 29 |
| Feb 2026 | 4 | $96.6M | 93.48 | 5.90% | 184 bp | 20 |
| Jan 2026 | 4 | $37.2M | 95.54 | 5.81% | 166 bp | 14 |
| Dec 2025 | 4 | $117.7M | 96.69 | 5.70% | 162 bp | 30 |
| Nov 2025 | 4 | $94.6M | 97.92 | 5.61% | 158 bp | 20 |
| Oct 2025 | 4 | $36.4M | 98.58 | 5.59% | 158 bp | 14 |
| Sep 2025 | 4 | $126.8M | 99.13 | 5.13% | 124 bp | 29 |
| Aug 2025 | 4 | $95.8M | 97.79 | 5.18% | 114 bp | 23 |
| Jul 2025 | 4 | $46.6M | 98.16 | 5.28% | 109 bp | 14 |
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. 18 added, 26 cut, 15 new holders and 17 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Thornburg Strategic Income Fund THORNBURG INVESTMENT TRUST | 2026-06-30 | $29.1M | $28.2M | $0 |
| Lord Abbett Ultra Short Bond Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $23.5M | $23.5M | $0 |
| Federated Hermes Total Return Bond Fund Federated Hermes Total Return Series, Inc. | 2026-05-31 | $17.9M | $17.1M | $0 |
| Thornburg Limited Term Income Fund THORNBURG INVESTMENT TRUST | 2026-06-30 | $15.3M | $14.9M | $0 |
| Baird Core Plus Bond Fund Baird Funds Inc | 2026-06-30 | $16.8M | $14.6M | $0 |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $16.1M | $13.9M | $0 |
| Baird Ultra Short Bond Fund Baird Funds Inc | 2026-06-30 | $12.6M | $12.6M | $7.7M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $10.9M | $10.5M | -$14.3M |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $10.6M | $9.2M | $0 |
| MFS Corporate Bond Fund MFS Series Trust IX | 2026-07-31 | $9.4M | $8.9M | -$3.8M |
| Dimensional Global Core Plus Fixed Income ETF Dimensional ETF Trust | 2026-07-31 | $8.9M | $7.7M | new |
| Thompson Bond Fund Thompson IM Funds, Inc. | 2026-05-31 | $7.1M | $6.9M | $200K |
| iShares iBonds Dec 2026 Term Corporate ETF iShares Trust | 2026-07-31 | $5.6M | $5.6M | $770K |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $6.2M | $5.4M | $1.4M |
| First Trust Smith Opportunistic Fixed Income ETF First Trust Exchange-Traded Fund VIII | 2026-05-31 | $5.3M | $5.1M | new |
| First Trust Smith Unconstrained Bond ETF First Trust Exchange-Traded Fund VIII | 2026-05-31 | $5.0M | $4.8M | new |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $3.8M | $3.6M | -$5.2M |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $3.5M | $3.4M | -$3.5M |
| State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $3.3M | $3.1M | -$349K |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $3.3M | $2.9M | new |
| iShares iBonds 2026 Term High Yield and Income ETF iShares Trust | 2026-07-31 | $2.8M | $2.8M | $1.8M |
| Payden Core Bond Fund PAYDEN & RYGEL INVESTMENT GROUP | 2026-07-31 | $2.8M | $2.6M | $0 |
| Schwab 5-10 Year Corporate Bond ETF SCHWAB STRATEGIC TRUST | 2026-06-30 | $2.7M | $2.6M | -$2.0M |
| iShares iBonds Dec 2031 Term Corporate ETF iShares Trust | 2026-07-31 | $2.8M | $2.4M | -$73K |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $2.4M | $2.1M | -$335K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): CTIVP - American Century Diversified Bond Fund ($2.1M), Diversified Bond Fund ($1.6M), State Street(R) SPDR(R) Portfolio Aggregate Bond ETF ($565K), Global Bond Fund ($520K), Vident U.S. Bond Strategy ETF ($250K), Balanced Fund ($225K), AB GLOBAL BOND FUND, INC. ($207K), MFS Global Total Return Fund ($188K), Core Plus Fund ($185K), MFS MULTIMARKET INCOME TRUST ($168K).
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 |
|---|---|---|---|---|---|
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $10.9M | $10.5M | 0.02% |
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 1 | $10.6M | $9.2M | 0.00% |
| DFGP Dimensional Global Core Plus Fixed Income ETF | 2026-07-31 | 1 | $8.9M | $7.7M | 0.23% |
| IBDR iShares iBonds Dec 2026 Term Corporate ETF | 2026-07-31 | 1 | $5.6M | $5.6M | 0.16% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 3 | $6.2M | $5.4M | 0.00% |
| FIXD First Trust Smith Opportunistic Fixed Income ETF | 2026-05-31 | 1 | $5.3M | $5.1M | 0.15% |
| UCON First Trust Smith Unconstrained Bond ETF | 2026-05-31 | 1 | $5.0M | $4.8M | 0.15% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 1 | $3.8M | $3.6M | 0.01% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $3.5M | $3.4M | 0.02% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 2 | $3.3M | $3.1M | 0.03% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $3.3M | $2.9M | 0.01% |
| IBHF iShares iBonds 2026 Term High Yield and Income ETF | 2026-07-31 | 1 | $2.8M | $2.8M | 0.34% |
| SCHI Schwab 5-10 Year Corporate Bond ETF | 2026-06-30 | 1 | $2.7M | $2.6M | 0.02% |
| IBDW iShares iBonds Dec 2031 Term Corporate ETF | 2026-07-31 | 1 | $2.8M | $2.4M | 0.10% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 3 | $2.4M | $2.1M | 0.01% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 3.61: safer than 33% of companies (27th percentile in Consumer Defensive). Market-implied, prices to 2026-10-16, balance sheet 2026-07-18.
| Equity value | $1.27B |
| Debt barrier (short-term + ½ long-term debt) | $1.12B |
| Equity volatility (1 year) | 38.7% |
| Asset value / asset volatility (solved) | $2.34B / 20.9% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 210 bp spread prices in about 3.5% 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 = 1.86 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in FLO'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 | 38 | $8.5M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 444 | $1.73B | 7 | $4.8M | 8 | $6.1M | 0 |
| 2026-03-31 | 410 | $1.21B | 10 | $9.2M | 7 | $3.2M | 0 |
| 2025-12-31 | 424 | $1.80B | 12 | $16.0M | 7 | $2.8M | 0 |
| 2025-09-30 | 413 | $2.21B | 9 | $5.3M | 8 | $3.1M | 0 |
| 2025-06-30 | 414 | $2.66B | 8 | $5.2M | 5 | $2.2M | 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.