Global Net Lease, Inc. bonds GNL
Who owns Global Net Lease, 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. GNL 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 |
|---|---|---|---|---|---|---|---|---|---|
| 37892AAA8 | 3.75% fixed | 2027-12-15 | USD | 97.76 | 5.46% | 135 bp | 23 | $18.6M | Jul 2026 |
| 02608AAA7 | 4.5% fixed | 2028-09-30 | USD | 97.66 | 5.66% | 144 bp | 20 | $22.6M | 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 | $41.3M | 97.71 | 5.56% | 139 bp | 23 |
| Jun 2026 | 2 | $201.6M | 97.69 | 5.48% | 142 bp | 27 |
| May 2026 | 2 | $21.7M | 97.99 | 5.27% | 131 bp | 9 |
| Apr 2026 | 2 | $44.3M | 97.68 | 5.39% | 161 bp | 23 |
| Mar 2026 | 2 | $170.3M | 96.92 | 5.75% | 204 bp | 31 |
| Feb 2026 | 2 | $50.0M | 97.98 | 5.16% | 167 bp | 11 |
| Jan 2026 | 2 | $47.9M | 97.64 | 5.30% | 174 bp | 25 |
| Dec 2025 | 2 | $159.5M | 97.78 | 5.20% | 168 bp | 31 |
| Nov 2025 | 2 | $48.4M | 97.30 | 5.36% | 181 bp | 11 |
| Oct 2025 | 2 | $80.6M | 97.54 | 5.24% | 172 bp | 39 |
| Sep 2025 | 2 | $183.4M | 97.47 | 5.22% | 166 bp | 48 |
| Aug 2025 | 2 | $49.0M | 97.13 | 5.31% | 163 bp | 12 |
| Jul 2025 | 2 | $81.7M | 95.80 | 5.84% | 198 bp | 38 |
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. 12 added, 11 cut, 4 new holders and 11 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Artisan High Income Fund Artisan Partners Funds Inc. | 2026-06-30 | $84.5M | $82.5M | $0 |
| Franklin High Income Fund Franklin High Income Trust | 2026-06-30 | $26.8M | $26.2M | $0 |
| PIMCO Short-Term Fund PIMCO FUNDS | 2026-06-30 | $21.3M | $20.9M | $7.9M |
| CrossingBridge Low Duration High Income Fund Trust for Professional Managers | 2026-06-30 | $17.0M | $16.6M | new |
| Fidelity Real Estate Income Fund Fidelity Securities Fund | 2026-07-31 | $12.5M | $12.2M | $0 |
| Performance Trust Total Return Bond Fund Trust for Professional Managers | 2026-05-31 | $6.7M | $6.5M | $0 |
| Shenkman Capital Short Duration High Income Fund Advisors Series Trust | 2026-06-30 | $6.3M | $6.2M | $3.9M |
| Fidelity SAI Real Estate Income Fund Fidelity Securities Fund | 2026-07-31 | $6.0M | $5.8M | $0 |
| American Century Diversified Corporate Bond ETF American Century ETF Trust | 2026-05-31 | $4.4M | $4.3M | $315K |
| COHEN & STEERS QUALITY INCOME REALTY FUND INC | 2026-06-30 | $4.2M | $4.1M | $0 |
| PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund PIMCO ETF Trust | 2026-06-30 | $4.2M | $4.1M | $857K |
| Franklin High Yield Corporate ETF Franklin Templeton ETF Trust | 2026-06-30 | $3.7M | $3.7M | $1.4M |
| High Yield Fixed Income Fund Northern Funds | 2026-06-30 | $3.6M | $3.5M | -$1.8M |
| MML Barings Core Bond Fund MASSMUTUAL PREMIER FUNDS | 2026-06-30 | $3.6M | $3.5M | $0 |
| Venerable High Yield Fund Venerable Variable Insurance Trust | 2026-06-30 | $3.5M | $3.4M | $0 |
| Cohen & Steers Short Duration Preferred & Income Fund,Inc. Cohen & Steers Short Duration Preferred & Income Fund, Inc. | 2026-07-31 | $3.4M | $3.3M | $0 |
| PIMCO Enhanced Low Duration Active Exchange-Traded Fund PIMCO ETF Trust | 2026-06-30 | $3.3M | $3.3M | new |
| THRIVENT HIGH YIELD PORTFOLIO Thrivent Series Fund, Inc. | 2026-06-30 | $3.3M | $3.2M | $0 |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $3.2M | $3.1M | $0 |
| Short Duration Bond Fund John Hancock Bond Trust | 2026-05-31 | $3.1M | $3.0M | $620K |
| MML VIP Barings Core Bond Fund MML Series Investment Fund II | 2026-06-30 | $3.0M | $3.0M | $0 |
| Franklin Core Plus Bond Fund Franklin Strategic Series | 2026-07-31 | $3.0M | $2.9M | $0 |
| Short Duration Strategic Income Fund American Century Investment Trust | 2026-06-30 | $2.7M | $2.7M | $0 |
| Short Duration Fund American Century Investment Trust | 2026-06-30 | $2.7M | $2.6M | $0 |
| THRIVENT HIGH YIELD FUND Thrivent Mutual Funds | 2026-07-31 | $2.4M | $2.4M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): T. Rowe Price High Yield Fund, Inc. ($23.7M), T. Rowe Price Institutional High Yield Fund ($5.9M), Neuberger High Income Bond Fund ($1.3M), iShares 0-5 Year High Yield Corporate Bond ETF ($1.2M), Virtus Seix High Yield Fund ($1.1M), Neuberger High Yield Strategies Fund Inc. ($935K), CITY NATIONAL ROCHDALE FIXED INCOME OPPORTUNITIES FUND ($535K), High-Yield Fund ($335K), GMO High Yield Fund ($300K), THRIVENT MODERATE ALLOCATION PORTFOLIO ($230K).
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 |
|---|---|---|---|---|---|
| KORP American Century Diversified Corporate Bond ETF | 2026-05-31 | 1 | $4.4M | $4.3M | 0.53% |
| HYS PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund | 2026-06-30 | 1 | $4.2M | $4.1M | 0.24% |
| FLHY Franklin High Yield Corporate ETF | 2026-06-30 | 1 | $3.7M | $3.7M | 0.31% |
| LDUR PIMCO Enhanced Low Duration Active Exchange-Traded Fund | 2026-06-30 | 1 | $3.3M | $3.3M | 0.24% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $3.2M | $3.1M | 0.01% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 2 | $1.3M | $1.2M | 0.00% |
| USTB VictoryShares Short-Term Bond ETF | 2026-06-30 | 1 | $1.0M | $979K | 0.04% |
| SDSI American Century Short Duration Strategic Income ETF | 2026-05-31 | 1 | $925K | $907K | 0.42% |
| MUSI American Century Multisector Income ETF | 2026-05-31 | 1 | $885K | $868K | 0.39% |
| SCEC STERLING CAPITAL ENHANCED CORE BOND ETF | 2026-06-30 | 1 | $617K | $604K | 0.10% |
| TUSB Thrivent Ultra Short Bond ETF | 2026-06-30 | 1 | $500K | $489K | 0.22% |
| NBSD Neuberger Short Duration Income ETF | 2026-07-31 | 1 | $390K | $381K | 0.03% |
| ISTB iShares Core 1-5 Year USD Bond ETF | 2026-07-31 | 2 | $370K | $362K | 0.01% |
| GTOQ Invesco High Yield Systematic Bond ETF | 2026-07-31 | 1 | $116K | $113K | 0.06% |
| ZTWO F/m 2-Year Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $40K | $39K | 0.22% |
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 139 bp spread prices in about 2.3% 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 GNL'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 | 40 | $11.0M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 332 | $1.46B | 4 | $583K | 6 | $2.4M | 0 |
| 2026-03-31 | 337 | $1.06B | 5 | $1.9M | 6 | $2.6M | 0 |
| 2025-12-31 | 335 | $1.24B | 4 | $3.0M | 5 | $1.3M | 0 |
| 2025-09-30 | 319 | $1.22B | 4 | $3.4M | 6 | $3.7M | 0 |
| 2025-06-30 | 312 | $1.12B | 5 | $2.7M | 6 | $4.7M | 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.