Hillenbrand, Inc. bonds HI
Who owns Hillenbrand, 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. HI 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 |
|---|---|---|---|---|---|---|---|---|---|
| 431571AF5 | 6.25% fixed | 2029-02-15 | USD | 94.97 | 8.49% | 425 bp | 2 | $1.4M | Jul 2026 |
| 431571AE8 | 3.75% fixed | 2031-03-01 | USD | 76.52 | 10.30% | 598 bp | 1 | $459K | Jul 2026 |
| 548916AA3 | 7.125% fixed | 2033-02-01 | USD | 98.04 | 7.51% | 308 bp | 44 | $65.1M | 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 | 3 | $67.0M | 94.97 | 8.49% | 425 bp | 44 |
| Jun 2026 | 2 | $133.5M | 95.31 | 8.35% | 414 bp | 61 |
| May 2026 | 2 | $59.7M | 96.37 | 8.00% | 384 bp | 29 |
| Apr 2026 | 3 | $51.6M | 96.95 | 7.55% | 346 bp | 40 |
| Mar 2026 | 2 | $137.8M | 94.55 | 8.50% | 462 bp | 63 |
| Feb 2026 | 2 | $51.1M | 99.68 | 6.85% | 315 bp | 22 |
| Jan 2026 | 3 | $82.5M | 100.72 | 5.87% | 226 bp | 38 |
| Dec 2025 | 2 | $86.4M | 101.24 | 4.57% | 93 bp | 37 |
| Nov 2025 | 2 | $41.6M | 101.29 | 4.56% | 93 bp | 17 |
| Oct 2025 | 2 | $49.1M | 101.53 | 4.50% | 89 bp | 25 |
| Sep 2025 | 2 | $76.0M | 98.42 | 5.19% | 155 bp | 32 |
| Aug 2025 | 2 | $22.7M | 97.07 | 5.50% | 173 bp | 15 |
| Jul 2025 | 2 | $49.1M | 95.51 | 5.89% | 195 bp | 30 |
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. 49 added, 13 cut, 24 new holders and 17 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| BlackRock High Yield Portfolio BlackRock Funds V | 2026-06-30 | $44.7M | $43.0M | $11.1M |
| Lord Abbett Short Duration Income Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $15.9M | $15.1M | $0 |
| Lord Abbett Floating Rate Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $13.4M | $13.1M | $3.9M |
| PGIM High Yield Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $11.4M | $11.2M | $0 |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $10.5M | $10.3M | $1.2M |
| Shenkman Capital Short Duration High Income Fund Advisors Series Trust | 2026-06-30 | $8.8M | $8.3M | -$200K |
| Nuveen High Yield Fund TIAA-CREF Funds | 2026-06-30 | $8.3M | $8.0M | $0 |
| Franklin High Income Fund Franklin High Income Trust | 2026-06-30 | $8.2M | $7.7M | $0 |
| Federated Hermes Institutional High Yield Bond Fund Federated Hermes Institutional Trust | 2026-07-31 | $7.4M | $7.2M | $0 |
| Credit Suisse Strategic Income Fund CREDIT SUISSE OPPORTUNITY FUNDS | 2026-07-31 | $6.7M | $6.6M | $3.6M |
| PIMCO High Yield Fund PIMCO FUNDS | 2026-06-30 | $6.5M | $6.3M | $3.0M |
| Greenspring Income Opportunities Fund Manager Directed Portfolios | 2026-06-30 | $5.8M | $5.5M | new |
| Payden High Income Fund PAYDEN & RYGEL INVESTMENT GROUP | 2026-07-31 | $4.5M | $4.4M | new |
| BlackRock Corporate High Yield Fund, Inc. | 2026-06-30 | $4.5M | $4.3M | $813K |
| Diversified Income Fund Principal Funds, Inc | 2026-07-31 | $4.3M | $4.2M | $810K |
| American High Income Trust | 2026-06-30 | $4.0M | $3.9M | -$25K |
| Hotchkis and Wiley High Yield Fund HOTCHKIS & WILEY FUNDS/DE/ | 2026-06-30 | $3.9M | $3.8M | $0 |
| First Trust Tactical High Yield ETF First Trust Exchange-Traded Fund IV | 2026-07-31 | $3.6M | $3.5M | $0 |
| Neuberger Strategic Income Fund NEUBERGER BERMAN INCOME FUNDS | 2026-07-31 | $3.6M | $3.5M | $637K |
| JPMorgan High Yield Fund JPMorgan Trust II | 2026-05-31 | $3.5M | $3.4M | $48K |
| Lord Abbett High Yield Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $3.3M | $3.2M | new |
| BlackRock High Yield V.I. Fund BlackRock Variable Series Funds II, Inc. | 2026-06-30 | $3.2M | $3.1M | $1.7M |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $2.8M | $2.7M | -$6.8M |
| High Yield Bond Portfolio PACIFIC SELECT FUND | 2026-06-30 | $2.7M | $2.6M | $0 |
| Senior Debt Portfolio | 2026-07-31 | $2.5M | $2.5M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Nomura High Income Fund ($7.0M), State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF ($4.8M), Nomura VIP High Income Series ($2.7M), BlackRock Multi-Sector Income Trust ($802K), LVIP Nomura High Yield Fund ($564K), BlackRock Low Duration Bond Portfolio ($548K), Nomura Asset Strategy Fund ($477K), High-Yield Fund ($360K), CITY NATIONAL ROCHDALE FIXED INCOME OPPORTUNITIES FUND ($325K), Franklin Strategic Income VIP Fund ($300K).
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 | $10.5M | $10.3M | 0.04% |
| HYLS First Trust Tactical High Yield ETF | 2026-07-31 | 1 | $3.6M | $3.5M | 0.22% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 1 | $2.8M | $2.7M | 0.02% |
| HYS PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund | 2026-06-30 | 1 | $1.9M | $1.9M | 0.11% |
| JNK State Street(R) SPDR(R) Bloomberg High Yield Bond ETF | 2026-06-30 | 1 | $1.7M | $1.7M | 0.02% |
| JPHY JPMorgan Active High Yield ETF | 2026-05-31 | 1 | $1.1M | $1.1M | 0.05% |
| PHYL PGIM Active High Yield Bond ETF | 2026-05-29 | 1 | $945K | $926K | 0.07% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 1 | $937K | $918K | 0.04% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 1 | $775K | $761K | 0.03% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 1 | $520K | $510K | 0.00% |
| CPLS AB Core Plus Bond ETF | 2026-05-31 | 1 | $498K | $488K | 0.23% |
| JPIE JPMorgan Income ETF | 2026-05-31 | 1 | $490K | $480K | 0.01% |
| IQHI NYLIM MacKay High Income ETF | 2026-07-31 | 1 | $455K | $445K | 0.40% |
| HYGV FlexShares High Yield Value - Scored Bond Index Fund | 2026-07-31 | 1 | $450K | $441K | 0.04% |
| PTRB PGIM Total Return Bond ETF | 2026-05-29 | 1 | $225K | $221K | 0.02% |
Default risk, three ways
Stock market: distance-to-default
No stock-market measure for this issuer.
Bond market: priced-in odds
A 425 bp spread prices in about 7.1% 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 HI'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 |
|---|---|---|---|---|---|---|---|
| 2026-06-30 | 1 | $27 | 0 | — | 0 | — | 0 |
| 2026-03-31 | 3 | $320K | 0 | — | 0 | — | 0 |
| 2025-12-31 | 282 | $1.98B | 4 | $21.0M | 2 | $400K | 0 |
| 2025-09-30 | 262 | $1.69B | 2 | $1.0M | 6 | $55.1M | 0 |
| 2025-06-30 | 253 | $1.26B | 2 | $249K | 2 | $201K | 1 |
| 2025-03-31 | 256 | $1.54B | 3 | $449K | 2 | $130K | 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.