Highwoods Properties, Inc. bonds HIW
Who owns Highwoods Properties, 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. HIW 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 |
|---|---|---|---|---|---|---|---|---|---|
| 431282AP7 | 3.875% fixed | 2027-03-01 | USD | 99.51 | 4.72% | 85 bp | 2 | $7.9M | Jul 2026 |
| 431282AQ5 | 4.125% fixed | 2028-03-15 | USD | 98.57 | 5.05% | 89 bp | 15 | $56.6M | Jul 2026 |
| 431282AR3 | 4.2% fixed | 2029-04-15 | USD | 97.57 | 5.17% | 92 bp | 18 | $58.4M | Jul 2026 |
| 431282AT9 | 2.6% fixed | 2031-02-01 | USD | 88.82 | 5.43% | 112 bp | 17 | $13.9M | Jul 2026 |
| 431282AV4 | 5.35% fixed | 2033-01-15 | USD | 98.04 | 5.72% | 129 bp | 20 | $52.7M | 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 | 5 | $189.5M | 98.04 | 5.30% | 102 bp | 20 |
| Jun 2026 | 5 | $203.8M | 98.54 | 5.15% | 102 bp | 35 |
| May 2026 | 5 | $81.2M | 98.70 | 5.10% | 103 bp | 17 |
| Apr 2026 | 5 | $185.0M | 98.62 | 5.18% | 130 bp | 23 |
| Mar 2026 | 5 | $201.1M | 97.70 | 5.25% | 147 bp | 40 |
| Feb 2026 | 5 | $64.2M | 99.36 | 4.56% | 103 bp | 17 |
| Jan 2026 | 5 | $189.9M | 99.36 | 4.70% | 107 bp | 24 |
| Dec 2025 | 5 | $242.1M | 99.10 | 4.70% | 113 bp | 45 |
| Nov 2025 | 5 | $44.5M | 99.01 | 4.68% | 110 bp | 19 |
| Oct 2025 | 4 | $145.0M | 98.50 | 4.72% | 117 bp | 17 |
| Sep 2025 | 4 | $174.4M | 98.44 | 4.71% | 114 bp | 32 |
| Aug 2025 | 4 | $34.4M | 98.20 | 4.79% | 110 bp | 13 |
| Jul 2025 | 4 | $134.7M | 97.46 | 5.06% | 117 bp | 16 |
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. 38 added, 16 cut, 12 new holders and 18 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $47.2M | $46.3M | $14.3M |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $33.1M | $31.5M | $0 |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $29.4M | $27.7M | $6.1M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $26.3M | $26.1M | $7.7M |
| MFS Corporate Bond Fund MFS Series Trust IX | 2026-07-31 | $20.1M | $19.7M | $1.5M |
| VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $20.0M | $19.6M | -$20.7M |
| American Funds Strategic Bond Fund | 2026-06-30 | $18.0M | $17.9M | $0 |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $16.8M | $15.5M | $0 |
| College Retirement Equities Fund - Core Bond Account College Retirement Equities Fund | 2026-06-30 | $13.7M | $13.6M | $0 |
| Dimensional Ultrashort Fixed Income ETF Dimensional ETF Trust | 2026-07-31 | $13.3M | $13.1M | $300K |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $13.3M | $12.3M | $5.6M |
| Nuveen Core Bond Fund TIAA-CREF Funds | 2026-06-30 | $12.0M | $11.7M | $0 |
| PGIM Short-Term Corporate Bond Fund Prudential Short-Term Corporate Bond Fund, Inc. | 2026-06-30 | $11.4M | $11.4M | $0 |
| Permanent Portfolio PERMANENT PORTFOLIO FAMILY OF FUNDS | 2026-07-31 | $10.0M | $9.9M | $0 |
| DFA Short-Term Extended Quality Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $9.9M | $9.6M | $0 |
| Dimensional Short-Duration Fixed Income ETF Dimensional ETF Trust | 2026-07-31 | $10.3M | $9.6M | $0 |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $7.0M | $7.0M | $25K |
| PIMCO Investment Grade Credit Bond Fund PIMCO FUNDS | 2026-06-30 | $6.1M | $6.0M | $0 |
| PGIM Total Return Bond Fund Prudential Investment Portfolios, Inc. 17 | 2026-07-31 | $5.9M | $5.9M | $0 |
| VANGUARD CORE BOND FUND VANGUARD MALVERN FUNDS | 2026-06-30 | $6.1M | $5.4M | $0 |
| DFA Short-Duration Real Return Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $5.5M | $5.4M | $0 |
| Victory Pioneer Bond Fund Victory Portfolios IV | 2026-06-30 | $5.5M | $5.3M | $0 |
| Capital Group Core Plus Income ETF Capital Group Fixed Income ETF Trust | 2026-06-30 | $5.2M | $5.2M | $0 |
| Nuveen Core Plus Bond Fund TIAA-CREF Funds | 2026-06-30 | $5.2M | $4.8M | $0 |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $4.7M | $4.6M | -$1.5M |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Short Duration Income Fund ($7.0M), AB Income Fund ($1.4M), Nationwide Strategic Income Fund ($1.2M), PIMCO Investment Grade Credit Bond Portfolio ($1.0M), Goldman Sachs Access Investment Grade Corporate Bond ETF ($488K), AAM Insight Select Income Fund ($302K), NVIT Strategic Income Fund ($280K), AB Sustainable Thematic Credit Portfolio ($253K), THRIVENT MODERATE ALLOCATION PORTFOLIO ($215K), AB High Yield ETF ($188K).
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 |
|---|---|---|---|---|---|
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 4 | $33.1M | $31.5M | 0.01% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 3 | $29.4M | $27.7M | 0.06% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $26.3M | $26.1M | 0.04% |
| DUSB Dimensional Ultrashort Fixed Income ETF | 2026-07-31 | 1 | $13.3M | $13.1M | 0.59% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 3 | $13.3M | $12.3M | 0.02% |
| DFSD Dimensional Short-Duration Fixed Income ETF | 2026-07-31 | 2 | $10.3M | $9.6M | 0.13% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 1 | $7.0M | $7.0M | 0.01% |
| CGCP Capital Group Core Plus Income ETF | 2026-06-30 | 1 | $5.2M | $5.2M | 0.06% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 4 | $4.7M | $4.6M | 0.00% |
| MYCH State Street(R) My2028 Corporate Bond ETF | 2026-05-31 | 1 | $4.5M | $4.4M | 0.80% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $4.0M | $3.9M | 0.02% |
| VUSB VANGUARD ULTRA-SHORT BOND ETF | 2026-06-30 | 1 | $3.5M | $3.4M | 0.04% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 2 | $3.5M | $3.4M | 0.03% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 4 | $3.3M | $3.2M | 0.03% |
| DFCF Dimensional Core Fixed Income ETF | 2026-07-31 | 2 | $3.0M | $2.9M | 0.03% |
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 102 bp spread prices in about 1.7% 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 HIW'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 | 38 | $32.0M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 355 | $3.21B | 5 | $2.4M | 5 | $6.8M | 0 |
| 2026-03-31 | 320 | $1.72B | 5 | $1.9M | 3 | $728K | 0 |
| 2025-12-31 | 331 | $2.51B | 3 | $733K | 4 | $816K | 0 |
| 2025-09-30 | 336 | $3.05B | 2 | $404K | 4 | $4.2M | 0 |
| 2025-06-30 | 335 | $3.00B | 5 | $1.3M | 6 | $4.1M | 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.