Gen Digital Inc. Contingent Value Rights bonds GENVR
Who owns Gen Digital Inc. Contingent Value Rights'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. GENVR 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 |
|---|---|---|---|---|---|---|---|---|---|
| 668771AK4 | 6.75% fixed | 2027-09-30 | USD | 100.16 | 6.59% | 251 bp | 42 | $74.3M | Jul 2026 |
| 668771AL2 | 7.125% fixed | 2030-09-30 | USD | 101.51 | 6.70% | 240 bp | 33 | $54.4M | Jul 2026 |
| 668771AM0 | 6.25% fixed | 2033-04-01 | USD | 98.46 | 6.54% | 210 bp | 51 | $90.0M | 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 | 3 | $218.7M | 100.16 | 6.59% | 240 bp | 51 |
| Jun 2026 | 3 | $230.1M | 100.36 | 6.51% | 244 bp | 81 |
| May 2026 | 3 | $220.0M | 100.56 | 6.32% | 244 bp | 34 |
| Apr 2026 | 3 | $218.9M | 100.44 | 6.71% | 268 bp | 55 |
| Mar 2026 | 3 | $193.9M | 100.27 | 6.74% | 287 bp | 75 |
| Feb 2026 | 3 | $177.8M | 100.87 | 6.32% | 268 bp | 32 |
| Jan 2026 | 3 | $219.8M | 100.86 | 6.19% | 266 bp | 63 |
| Dec 2025 | 3 | $207.1M | 103.28 | 5.80% | 229 bp | 85 |
| Nov 2025 | 3 | $181.3M | 103.03 | 5.74% | 207 bp | 37 |
| Oct 2025 | 3 | $225.1M | 102.98 | 5.87% | 235 bp | 68 |
| Sep 2025 | 3 | $205.9M | 102.31 | 5.90% | 233 bp | 91 |
| Aug 2025 | 3 | $186.0M | 102.88 | 5.82% | 213 bp | 48 |
| Jul 2025 | 3 | $215.0M | 102.00 | 5.92% | 204 bp | 67 |
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. 58 added, 38 cut, 21 new holders and 15 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 | $64.8M | $65.3M | $36.9M |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $47.5M | $47.4M | $2.0M |
| iShares iBoxx $ High Yield Corporate Bond ETF iShares Trust | 2026-05-31 | $32.8M | $33.0M | -$1.4M |
| PGIM Short Duration High Yield Income Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $25.5M | $25.7M | $16.5M |
| CrossingBridge Low Duration High Income Fund Trust for Professional Managers | 2026-06-30 | $22.6M | $22.7M | $3.7M |
| Allspring Short-Term High Income Fund ALLSPRING FUNDS TRUST | 2026-05-31 | $21.6M | $21.8M | $0 |
| NYLIM MacKay High Yield Corporate Bond Fund NYLIM FUNDS | 2026-07-31 | $21.0M | $21.1M | $0 |
| Virtus Income & Growth Fund Virtus Investment Trust | 2026-06-30 | $18.7M | $18.7M | $0 |
| State Street(R) SPDR(R) Bloomberg High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $16.6M | $16.6M | $1.2M |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $14.4M | $14.4M | $2.0M |
| RIVERPARK SHORT TERM HIGH YIELD FUND RiverPark Funds Trust | 2026-06-30 | $12.2M | $12.3M | new |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $12.0M | $12.0M | $0 |
| iShares High Yield Systematic Bond ETF iShares Trust | 2026-05-31 | $11.6M | $11.6M | new |
| High Yield Fund Principal Funds, Inc | 2026-07-31 | $11.6M | $11.4M | -$7.5M |
| Shenkman Capital Short Duration High Income Fund Advisors Series Trust | 2026-06-30 | $11.3M | $11.3M | -$256K |
| Federated Hermes Institutional High Yield Bond Fund Federated Hermes Institutional Trust | 2026-07-31 | $11.0M | $10.9M | $0 |
| Goldman Sachs High Yield Fund GOLDMAN SACHS TRUST | 2026-06-30 | $11.0M | $10.8M | $0 |
| Invesco BulletShares 2027 High Yield Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $10.3M | $10.3M | $1.7M |
| Multi-Manager High Yield Bond Fund Goldman Sachs Trust II | 2026-07-31 | $10.1M | $10.1M | $6.5M |
| VANGUARD HIGH-YIELD CORPORATE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $9.4M | $9.2M | $0 |
| Franklin High Yield Corporate ETF Franklin Templeton ETF Trust | 2026-06-30 | $8.4M | $8.3M | $2.2M |
| First Trust Tactical High Yield ETF First Trust Exchange-Traded Fund IV | 2026-07-31 | $8.1M | $8.2M | $0 |
| PIMCO High Yield Fund PIMCO FUNDS | 2026-06-30 | $8.0M | $8.2M | new |
| iShares iBonds 2027 Term High Yield and Income ETF iShares Trust | 2026-07-31 | $7.8M | $7.8M | $2.6M |
| State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $7.7M | $7.7M | -$900K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): T. Rowe Price High Yield Fund, Inc. ($20.6M), T. Rowe Price Institutional High Yield Fund ($4.8M), RBC BlueBay High Yield Bond Fund ($4.5M), Touchstone Funds Group Trust-Touchstone Ares Credit Opportunities Fund ($3.0M), Goldman Sachs Multi-Manager Non-Core Fixed Income Fund ($1.3M), T. Rowe Price Credit Opportunities Fund, Inc. ($857K), AB Income Fund ($609K), THRIVENT MODERATE ALLOCATION PORTFOLIO ($506K), JNL/Neuberger Berman Strategic Income Fund ($430K), TCW Flexible Income ETF ($328K).
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 | 3 | $47.5M | $47.4M | 0.17% |
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | 2026-05-31 | 3 | $32.8M | $33.0M | 0.20% |
| JNK State Street(R) SPDR(R) Bloomberg High Yield Bond ETF | 2026-06-30 | 3 | $16.6M | $16.6M | 0.23% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 3 | $14.4M | $14.4M | 0.13% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 2 | $12.0M | $12.0M | 0.16% |
| HYDB iShares High Yield Systematic Bond ETF | 2026-05-31 | 1 | $11.6M | $11.6M | 0.71% |
| BSJR Invesco BulletShares 2027 High Yield Corporate Bond ETF | 2026-05-31 | 1 | $10.3M | $10.3M | 1.22% |
| FLHY Franklin High Yield Corporate ETF | 2026-06-30 | 1 | $8.4M | $8.3M | 0.70% |
| HYLS First Trust Tactical High Yield ETF | 2026-07-31 | 1 | $8.1M | $8.2M | 0.51% |
| IBHG iShares iBonds 2027 Term High Yield and Income ETF | 2026-07-31 | 1 | $7.8M | $7.8M | 1.54% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 1 | $7.7M | $7.7M | 0.16% |
| HYLB Xtrackers USD High Yield Corporate Bond ETF | 2026-05-29 | 3 | $7.4M | $7.4M | 0.21% |
| PHYL PGIM Active High Yield Bond ETF | 2026-05-29 | 2 | $5.7M | $5.7M | 0.44% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 3 | $4.9M | $4.9M | 0.21% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 3 | $4.4M | $4.4M | 0.17% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 4.72: safer than 46% of companies (44th percentile in Technology). Market-implied, prices to 2026-10-16, balance sheet 2026-07-03.
| Equity value | $14.19B |
| Debt barrier (short-term + ½ long-term debt) | $4.17B |
| Equity volatility (1 year) | 39.8% |
| Asset value / asset volatility (solved) | $18.18B / 31.1% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 240 bp spread prices in about 4.0% 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'' = 0.45 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
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.