First Industrial Realty Trust, Inc. bonds FR
Who owns First Industrial Realty Trust, 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. FR 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 |
|---|---|---|---|---|---|---|---|---|---|
| 32055RAS6 | 5.25% fixed | 2031-01-15 | USD | 100.17 | 5.21% | 90 bp | 11 | $65.2M | 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 | 1 | $65.2M | 100.17 | 5.21% | 90 bp | 11 |
| Jun 2026 | 1 | $74.7M | 100.66 | 5.09% | 89 bp | 31 |
| May 2026 | 1 | $10.5M | 101.21 | 4.95% | 82 bp | 11 |
| Apr 2026 | 1 | $65.7M | 101.27 | 4.94% | 102 bp | 10 |
| Mar 2026 | 1 | $77.0M | 101.02 | 5.01% | 117 bp | 33 |
| Feb 2026 | 1 | $8.3M | 102.84 | 4.59% | 92 bp | 10 |
| Jan 2026 | 1 | $66.2M | 101.82 | 4.83% | 106 bp | 10 |
| Dec 2025 | 1 | $60.7M | 102.14 | 4.77% | 106 bp | 30 |
| Nov 2025 | 1 | $30.9M | 102.86 | 4.62% | 94 bp | 11 |
| Oct 2025 | 1 | $60.7M | 102.32 | 4.74% | 107 bp | 10 |
| Sep 2025 | 1 | $65.7M | 102.58 | 4.69% | 100 bp | 30 |
| Aug 2025 | 1 | $32.2M | 102.13 | 4.79% | 96 bp | 11 |
| Jul 2025 | 1 | $60.2M | 100.70 | 5.10% | 110 bp | 11 |
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. 4 added, 12 cut, 2 new holders and 2 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Permanent Portfolio PERMANENT PORTFOLIO FAMILY OF FUNDS | 2026-07-31 | $30.0M | $30.1M | $0 |
| MFS Income Fund MFS Series Trust VIII | 2026-07-31 | $29.2M | $29.2M | $0 |
| Baird Intermediate Bond Fund Baird Funds Inc | 2026-06-30 | $18.8M | $18.9M | $0 |
| LORD ABBETT BOND DEBENTURE FUND INC | 2026-06-30 | $16.9M | $17.0M | $0 |
| Baird Aggregate Bond Fund Baird Funds Inc | 2026-06-30 | $10.0M | $10.1M | $0 |
| Baird Core Plus Bond Fund Baird Funds Inc | 2026-06-30 | $6.0M | $6.0M | $0 |
| DoubleLine Core Fixed Income Fund DoubleLine Funds Trust | 2026-06-30 | $5.9M | $6.0M | $0 |
| VOYA INTERMEDIATE BOND FUND Voya Funds Trust | 2026-06-30 | $5.0M | $5.0M | -$1.1M |
| iShares iBonds Dec 2031 Term Corporate ETF iShares Trust | 2026-07-31 | $2.8M | $2.8M | -$49K |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $2.6M | $2.6M | $100K |
| JNL/DoubleLine Core Fixed Income Fund JNL Series Trust | 2026-06-30 | $2.1M | $2.1M | -$97K |
| Avantis Short-Term Fixed Income ETF American Century ETF Trust | 2026-05-31 | $2.1M | $2.1M | new |
| MFS Active Core Plus Bond ETF MFS Active Exchange Traded Funds Trust | 2026-05-31 | $1.6M | $1.6M | $535K |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $1.6M | $1.6M | $0 |
| State Street(R) DoubleLine(R) Total Return Tactical ETF SSGA Active Trust | 2026-06-30 | $1.6M | $1.6M | -$68K |
| Multi-Manager Total Return Bond Strategies Fund COLUMBIA FUNDS SERIES TRUST I | 2026-05-31 | $1.4M | $1.4M | -$393K |
| PIMCO Sector Fund Series - I PIMCO FUNDS | 2026-06-30 | $1.3M | $1.3M | $0 |
| State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $1.2M | $1.2M | -$83K |
| Payden Corporate Bond Fund PAYDEN & RYGEL INVESTMENT GROUP | 2026-07-31 | $1.0M | $1.0M | $0 |
| SHELTON TACTICAL FUND SCM Trust | 2026-06-30 | $1.0M | $1.0M | $0 |
| Calamos Short-Term Bond Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $1.0M | $1000K | $0 |
| Bond-Debenture Portfolio LORD ABBETT SERIES FUND INC | 2026-06-30 | $898K | $904K | $0 |
| Aristotle Core Bond Fund Aristotle Fund Series Trust | 2026-06-30 | $700K | $705K | $0 |
| iShares Core Universal USD Bond ETF iShares Trust | 2026-07-31 | $525K | $525K | $215K |
| Nuveen Bond Index Fund TIAA-CREF Funds | 2026-06-30 | $500K | $503K | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): AAM Insight Select Income Fund ($407K), State Street(R) SPDR Portfolio Corporate Bond ETF ($50K).
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 |
|---|---|---|---|---|---|
| IBDW iShares iBonds Dec 2031 Term Corporate ETF | 2026-07-31 | 1 | $2.8M | $2.8M | 0.11% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $2.6M | $2.6M | 0.01% |
| AVSF Avantis Short-Term Fixed Income ETF | 2026-05-31 | 1 | $2.1M | $2.1M | 0.31% |
| MFSB MFS Active Core Plus Bond ETF | 2026-05-31 | 1 | $1.6M | $1.6M | 0.38% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 1 | $1.6M | $1.6M | 0.00% |
| TOTL State Street(R) DoubleLine(R) Total Return Tactical ETF | 2026-06-30 | 1 | $1.6M | $1.6M | 0.04% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 1 | $1.2M | $1.2M | 0.01% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 1 | $525K | $525K | 0.00% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $465K | $471K | 0.00% |
| DBND DoubleLine Opportunistic Core Bond ETF | 2026-06-30 | 1 | $327K | $329K | 0.05% |
| SPAB State Street(R) SPDR(R) Portfolio Aggregate Bond ETF | 2026-06-30 | 1 | $200K | $201K | 0.00% |
| SCHZ Schwab U.S. Aggregate Bond ETF | 2026-06-30 | 1 | $150K | $151K | 0.00% |
| QSIG WisdomTree U.S. Short-Term Corporate Bond Fund | 2026-06-30 | 1 | $148K | $149K | 0.28% |
| SCHJ Schwab 1-5 Year Corporate Bond ETF | 2026-06-30 | 1 | $110K | $111K | 0.01% |
| GVI iShares Intermediate Government/Credit Bond ETF | 2026-05-31 | 1 | $75K | $76K | 0.00% |
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 90 bp spread prices in about 1.5% 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
Not available.
The stock side: 13F filings
What institutions report holding in FR'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 | 45 | $143.1M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 478 | $7.80B | 3 | $1.1M | 6 | $9.3M | 0 |
| 2026-03-31 | 444 | $5.71B | 1 | $29K | 4 | $9.4M | 0 |
| 2025-12-31 | 435 | $7.07B | 0 | — | 6 | $83.4M | 0 |
| 2025-09-30 | 408 | $6.45B | 0 | — | 1 | $468K | 0 |
| 2025-06-30 | 414 | $6.20B | 1 | $0 | 5 | $1.5M | 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.