Garrett Motion Inc. bonds GTX
Who owns Garrett Motion 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. GTX 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 |
|---|---|---|---|---|---|---|---|---|---|
| 366504AA6 | 7.75% fixed | 2032-05-31 | USD | 103.95 | 6.91% | 253 bp | 37 | $87.1M | 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 | $87.1M | 103.95 | 6.91% | 253 bp | 37 |
| Jun 2026 | 1 | $66.2M | 105.00 | 6.71% | 244 bp | 54 |
| May 2026 | 1 | $60.7M | 104.82 | 6.76% | 253 bp | 25 |
| Apr 2026 | 1 | $88.6M | 104.40 | 6.85% | 281 bp | 42 |
| Mar 2026 | 1 | $73.1M | 103.54 | 7.03% | 307 bp | 55 |
| Feb 2026 | 1 | $59.3M | 105.71 | 6.62% | 280 bp | 24 |
| Jan 2026 | 1 | $91.5M | 105.87 | 6.60% | 268 bp | 47 |
| Dec 2025 | 1 | $88.9M | 106.33 | 6.52% | 268 bp | 67 |
| Nov 2025 | 1 | $50.0M | 105.77 | 6.64% | 283 bp | 25 |
| Oct 2025 | 1 | $106.9M | 105.26 | 6.75% | 295 bp | 47 |
| Sep 2025 | 1 | $92.7M | 104.92 | 6.82% | 299 bp | 63 |
| Aug 2025 | 1 | $50.3M | 104.63 | 6.88% | 290 bp | 24 |
| Jul 2025 | 1 | $100.1M | 103.84 | 7.03% | 290 bp | 43 |
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. 25 added, 9 cut, 8 new holders and 15 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $18.7M | $19.4M | $3.4M |
| PGIM High Yield Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $17.9M | $18.8M | $0 |
| NYLIM MacKay High Yield Corporate Bond Fund NYLIM FUNDS | 2026-07-31 | $13.8M | $14.3M | $0 |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $10.5M | $11.0M | $580K |
| Invesco BulletShares 2027 High Yield Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $9.1M | $9.6M | $1.5M |
| iShares High Yield Systematic Bond ETF iShares Trust | 2026-05-31 | $8.9M | $9.3M | -$417K |
| State Street(R) SPDR(R) Bloomberg High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $8.5M | $8.9M | $2.2M |
| EUBEL BRADY & SUTTMAN INCOME FUND Eubel Brady & Suttman Mutual Fund Trust | 2026-07-31 | $8.0M | $8.3M | $0 |
| BlackRock Systematic Multi-Strategy Fund BlackRock Funds IV | 2026-06-30 | $6.6M | $6.9M | $0 |
| BlackRock High Yield Portfolio BlackRock Funds V | 2026-06-30 | $5.5M | $5.8M | $0 |
| Multi-Manager High Yield Bond Fund Goldman Sachs Trust II | 2026-07-31 | $5.4M | $5.6M | $5.1M |
| Performance Trust Total Return Bond Fund Trust for Professional Managers | 2026-05-31 | $5.2M | $5.4M | $0 |
| EUBEL BRADY & SUTTMAN INCOME AND APPRECIATION FUND Eubel Brady & Suttman Mutual Fund Trust | 2026-07-31 | $5.0M | $5.2M | $0 |
| Credit Suisse Strategic Income Fund CREDIT SUISSE OPPORTUNITY FUNDS | 2026-07-31 | $4.3M | $4.4M | $0 |
| NYLIM VP MacKay High Yield Corporate Bond Portfolio NYLIM VP FUNDS TRUST | 2026-06-30 | $4.0M | $4.2M | $0 |
| Payden High Income Fund PAYDEN & RYGEL INVESTMENT GROUP | 2026-07-31 | $3.7M | $3.8M | -$525K |
| Lord Abbett High Yield Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $3.2M | $3.4M | $0 |
| Fidelity Enhanced High Yield ETF Fidelity Covington Trust | 2026-05-31 | $3.1M | $3.3M | $0 |
| Transamerica Multi-Asset Income TRANSAMERICA FUNDS | 2026-07-31 | $3.1M | $3.3M | $0 |
| Impax High Yield Bond Fund IMPAX FUNDS SERIES TRUST I | 2026-06-30 | $3.0M | $3.2M | $500K |
| NYLIM MacKay Strategic Bond Fund NYLIM FUNDS | 2026-07-31 | $2.7M | $2.8M | $0 |
| CREDIT SUISSE HIGH YIELD CREDIT FUND | 2026-07-31 | $2.6M | $2.7M | $418K |
| State Street(R) Blackstone Senior Loan ETF SSGA Active Trust | 2026-06-30 | $2.5M | $2.7M | new |
| FlexShares High Yield Value - Scored Bond Index Fund FlexShares Trust | 2026-07-31 | $2.5M | $2.6M | $950K |
| Voya High Yield Portfolio Voya Investors Trust | 2026-06-30 | $2.2M | $2.3M | $685K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): VANGUARD HIGH-YIELD CORPORATE FUND ($9.3M), Victory High Income Fund ($1.0M), BondBloxx BB Rated USD High Yield Corporate Bond ETF ($425K), Nomura VIP Fund for Income Series ($380K), THRIVENT MODERATE ALLOCATION PORTFOLIO ($318K), HIGH-YIELD BOND PORTFOLIO ($285K), KKR Income Opportunities Fund ($275K), BlackRock Multi-Sector Income Trust ($151K), VANGUARD MULTI-SECTOR INCOME BOND FUND ($135K), VANGUARD CORE BOND FUND ($100K).
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 | 1 | $18.7M | $19.4M | 0.07% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 1 | $10.5M | $11.0M | 0.10% |
| BSJR Invesco BulletShares 2027 High Yield Corporate Bond ETF | 2026-05-31 | 1 | $9.1M | $9.6M | 1.13% |
| HYDB iShares High Yield Systematic Bond ETF | 2026-05-31 | 1 | $8.9M | $9.3M | 0.57% |
| JNK State Street(R) SPDR(R) Bloomberg High Yield Bond ETF | 2026-06-30 | 1 | $8.5M | $8.9M | 0.12% |
| FDHY Fidelity Enhanced High Yield ETF | 2026-05-31 | 1 | $3.1M | $3.3M | 0.63% |
| SRLN State Street(R) Blackstone Senior Loan ETF | 2026-06-30 | 1 | $2.5M | $2.7M | 0.05% |
| HYGV FlexShares High Yield Value - Scored Bond Index Fund | 2026-07-31 | 1 | $2.5M | $2.6M | 0.23% |
| SYFI AB Short Duration High Yield ETF | 2026-05-31 | 1 | $1.7M | $1.7M | 0.19% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 1 | $1.6M | $1.7M | 0.07% |
| PHYL PGIM Active High Yield Bond ETF | 2026-05-29 | 1 | $1.4M | $1.5M | 0.11% |
| SYSB iShares Systematic Bond ETF | 2026-07-31 | 1 | $1.2M | $1.3M | 0.11% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 1 | $1.1M | $1.1M | 0.04% |
| SIHY Harbor Ares Systematic High Yield ETF | 2026-07-31 | 1 | $900K | $936K | 0.63% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 1 | $855K | $888K | 0.00% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 4.65: safer than 45% of companies (44th percentile in Consumer Cyclical). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $4.37B |
| Debt barrier (short-term + ½ long-term debt) | $687.0M |
| Equity volatility (1 year) | 48.1% |
| Asset value / asset volatility (solved) | $5.03B / 41.8% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 253 bp spread prices in about 4.2% 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 = 2.20 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in GTX'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 | 44 | $145.7M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 448 | $6.13B | 5 | $4.5M | 7 | $29.5M | 0 |
| 2026-03-31 | 394 | $3.09B | 2 | $422K | 5 | $1.7M | 0 |
| 2025-12-31 | 372 | $3.12B | 1 | $7K | 6 | $13.3M | 0 |
| 2025-09-30 | 355 | $2.44B | 2 | $178K | 3 | $430K | 0 |
| 2025-06-30 | 317 | $2.00B | 4 | $537K | 6 | $1.6M | 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.