Forestar Group Inc. bonds FOR
Who owns Forestar Group 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. FOR 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 |
|---|---|---|---|---|---|---|---|---|---|
| 346232AE1 | 5% fixed | 2028-03-01 | USD | 99.33 | 5.45% | 130 bp | 22 | $27.8M | Jul 2026 |
| 346232AG6 | 6.5% fixed | 2033-03-15 | USD | 100.27 | 6.45% | 201 bp | 33 | $86.3M | 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 | $114.1M | 99.80 | 5.95% | 165 bp | 33 |
| Jun 2026 | 2 | $179.9M | 100.80 | 5.60% | 143 bp | 39 |
| May 2026 | 2 | $109.2M | 99.98 | 5.82% | 170 bp | 20 |
| Apr 2026 | 2 | $112.2M | 99.97 | 5.88% | 194 bp | 30 |
| Mar 2026 | 2 | $191.0M | 99.04 | 6.09% | 222 bp | 35 |
| Feb 2026 | 2 | $108.5M | 101.32 | 5.50% | 181 bp | 19 |
| Jan 2026 | 2 | $116.0M | 101.15 | 5.54% | 177 bp | 33 |
| Dec 2025 | 2 | $198.4M | 101.10 | 5.53% | 182 bp | 43 |
| Nov 2025 | 2 | $103.7M | 101.32 | 5.58% | 186 bp | 20 |
| Oct 2025 | 2 | $114.5M | 101.17 | 5.57% | 188 bp | 33 |
| Sep 2025 | 2 | $218.4M | 100.74 | 5.75% | 202 bp | 44 |
| Aug 2025 | 2 | $103.4M | 100.57 | 5.75% | 188 bp | 20 |
| Jul 2025 | 2 | $110.3M | 99.85 | 5.87% | 184 bp | 31 |
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. 19 added, 16 cut, 13 new holders and 4 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| PGIM High Yield Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $76.4M | $76.4M | $1.2M |
| American High Income Trust | 2026-06-30 | $50.1M | $50.9M | $0 |
| Income Fund of America | 2026-07-31 | $37.8M | $37.9M | $0 |
| BrandywineGLOBAL - CORPORATE CREDIT FUND Legg Mason Partners Investment Trust | 2026-06-30 | $24.9M | $25.1M | -$3.0M |
| BrandywineGLOBAL - HIGH YIELD FUND Legg Mason Partners Investment Trust | 2026-06-30 | $24.3M | $24.5M | -$11.7M |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $15.7M | $15.7M | $1.0M |
| Franklin High Income Fund Franklin High Income Trust | 2026-06-30 | $11.5M | $11.7M | $0 |
| PGIM Short Duration High Yield Income Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $11.4M | $11.4M | $0 |
| Capital Income Builder | 2026-07-31 | $8.6M | $8.6M | $0 |
| American Funds Multi-Sector Income Fund | 2026-06-30 | $7.6M | $7.7M | $0 |
| Bond Fund of America | 2026-06-30 | $7.0M | $7.1M | $0 |
| High Yield Fund Principal Funds, Inc | 2026-07-31 | $6.9M | $6.9M | -$4.5M |
| Weitz Core Plus Income Fund Weitz Funds | 2026-06-30 | $6.0M | $6.1M | $0 |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $5.8M | $5.8M | $607K |
| BlackRock Strategic Income Opportunities Portfolio BlackRock Funds V | 2026-06-30 | $5.3M | $5.3M | $0 |
| PGIM Active High Yield Bond ETF PGIM ETF Trust | 2026-05-29 | $5.2M | $5.2M | $320K |
| RBC BlueBay High Yield Bond Fund RBC Funds Trust | 2026-06-30 | $5.0M | $5.0M | -$1.1M |
| Transamerica Multi-Asset Income TRANSAMERICA FUNDS | 2026-07-31 | $5.0M | $5.0M | $0 |
| BNY Mellon Core Plus Fund BNY Mellon Absolute Insight Funds, Inc. | 2026-07-31 | $4.9M | $4.9M | new |
| Fidelity High Income Fund Fidelity Summer Street Trust | 2026-07-31 | $4.4M | $4.4M | $0 |
| Multi-Manager High Yield Bond Fund Goldman Sachs Trust II | 2026-07-31 | $4.1M | $4.1M | $525K |
| Fidelity Real Estate Income Fund Fidelity Securities Fund | 2026-07-31 | $3.4M | $3.4M | $0 |
| Fidelity SAI High Income Fund Fidelity Summer Street Trust | 2026-07-31 | $3.1M | $3.1M | $140K |
| Fidelity Total Bond Fund Fidelity Income Fund | 2026-05-31 | $3.0M | $3.0M | $0 |
| Six Circles Credit Opportunities Fund SIX CIRCLES TRUST | 2026-06-30 | $2.9M | $2.9M | $120K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): American Century Multisector Income ETF ($640K), Multisector Income Fund ($405K), THRIVENT MODERATE ALLOCATION PORTFOLIO ($309K), Nomura VIP Fund for Income Series ($180K).
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 |
|---|---|---|---|---|---|
| USHY iShares Broad USD High Yield Corporate Bond ETF | 2026-07-31 | 2 | $15.7M | $15.7M | 0.05% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 2 | $5.8M | $5.8M | 0.05% |
| PHYL PGIM Active High Yield Bond ETF | 2026-05-29 | 2 | $5.2M | $5.2M | 0.40% |
| JNK State Street(R) SPDR(R) Bloomberg High Yield Bond ETF | 2026-06-30 | 1 | $2.3M | $2.3M | 0.03% |
| FBND Fidelity Total Bond ETF | 2026-05-31 | 1 | $1.8M | $1.8M | 0.01% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 2 | $1.7M | $1.7M | 0.07% |
| FLHY Franklin High Yield Corporate ETF | 2026-06-30 | 1 | $1.6M | $1.7M | 0.14% |
| BSJS Invesco BulletShares 2028 High Yield Corporate Bond ETF | 2026-05-31 | 1 | $1.6M | $1.6M | 0.24% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 2 | $1.6M | $1.6M | 0.07% |
| CGMS Capital Group U.S. Multi-Sector Income ETF | 2026-06-30 | 1 | $1.4M | $1.4M | 0.03% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 2 | $1.1M | $1.1M | 0.00% |
| IBHH iShares iBonds 2028 Term High Yield and Income ETF | 2026-07-31 | 1 | $963K | $955K | 0.21% |
| HYGV FlexShares High Yield Value - Scored Bond Index Fund | 2026-07-31 | 2 | $640K | $638K | 0.06% |
| PSH PGIM Short Duration High Yield ETF | 2026-05-29 | 1 | $621K | $619K | 0.39% |
| GTOQ Invesco High Yield Systematic Bond ETF | 2026-07-31 | 1 | $600K | $597K | 0.33% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 5.61: safer than 55% of companies (65th percentile in Real Estate). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $1.28B |
| Debt barrier (short-term + ½ long-term debt) | $396.9M |
| Equity volatility (1 year) | 33.3% |
| Asset value / asset volatility (solved) | $1.66B / 25.7% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 165 bp spread prices in about 2.8% 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
Altman Z'' = 3.07 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in FOR'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 | 12 | $1.9M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 177 | $591.8M | 0 | — | 2 | $775K | 0 |
| 2026-03-31 | 158 | $372.7M | 0 | — | 2 | $242K | 0 |
| 2025-12-31 | 163 | $442.3M | 0 | — | 2 | $232K | 0 |
| 2025-09-30 | 153 | $485.6M | 2 | $500K | 2 | $1.0M | 0 |
| 2025-06-30 | 148 | $359.6M | 3 | $434K | 2 | $204K | 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.