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Bonds · Corporate issuer

Hudson Pacific Properties, Inc. bonds HPP

Who owns Hudson Pacific 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. HPP stock page.

Held by funds
$377.3M
4 bonds, fund marks Jul 2026
Fund holders
182
+17 vs prior quarter
USD spread over Treasuries
265 bp
+10 bp in a month · fund-reported
USD yield
6.85%
median yield to maturity · fund-reported
Distance-to-default
n/a
financial company: model not applied

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.

BondCouponMaturityCcyPriceYieldSpreadFundsHeldAs of
44409MAA4 3.95% fixed 2027-11-01USD 97.466.08%199 bp 27$83.8M Jul 2026
44409MAD8 5.95% fixed 2028-02-15USD 99.096.58%244 bp 28$98.2M Jul 2026
44409MAB2 4.65% fixed 2029-04-01USD 94.097.11%287 bp 35$117.4M Jul 2026
44409MAC0 3.25% fixed 2030-01-15USD 87.587.39%311 bp 23$77.9M Jul 2026

Spread history

Median spread of the US-dollar bonds over Treasuries, month-ends with complete filings. Fund-reported.

255 bp591 bp928 bpAug 2023Jul 20262023-08-31: 598 bp2023-09-30: 598 bp2023-10-31: 692 bp2023-11-30: 648 bp2023-12-31: 501 bp2024-01-31: 348 bp2024-02-29: 460 bp2024-03-31: 402 bp2024-04-30: 403 bp2024-05-31: 599 bp2024-06-30: 654 bp2024-07-31: 464 bp2024-08-31: 576 bp2024-09-30: 544 bp2024-10-31: 612 bp2024-11-30: 559 bp2024-12-31: 749 bp2025-01-31: 568 bp2025-02-28: 662 bp2025-03-31: 765 bp2025-04-30: 928 bp2025-05-31: 851 bp2025-06-30: 351 bp2025-07-31: 439 bp2025-08-31: 339 bp2025-09-30: 316 bp2025-10-31: 360 bp2025-11-30: 370 bp2025-12-31: 344 bp2026-01-31: 365 bp2026-02-28: 473 bp2026-03-31: 538 bp2026-04-30: 383 bp2026-05-31: 279 bp2026-06-30: 255 bp2026-07-31: 265 bp

Price history

Median fund-marked price across the bonds, per 100 of face value.

74.385.296.1Aug 2023Jul 20262023-08-31: 77.62023-09-30: 77.22023-10-31: 74.32023-11-30: 76.22023-12-31: 82.62024-01-31: 89.32024-02-29: 84.82024-03-31: 87.02024-04-30: 86.32024-05-31: 82.02024-06-30: 80.42024-07-31: 86.22024-08-31: 85.82024-09-30: 86.82024-10-31: 84.42024-11-30: 85.12024-12-31: 80.42025-01-31: 85.32025-02-28: 83.42025-03-31: 81.32025-04-30: 77.62025-05-31: 79.22025-06-30: 92.92025-07-31: 90.92025-08-31: 93.82025-09-30: 94.72025-10-31: 93.92025-11-30: 93.72025-12-31: 94.12026-01-31: 93.92026-02-28: 92.12026-03-31: 89.92026-04-30: 93.12026-05-31: 95.62026-06-30: 96.12026-07-31: 95.8

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-endBondsHeldMedian priceUSD yieldUSD spreadMost funds on one bond
Jul 2026 4$377.3M95.78 6.85%265 bp35
Jun 2026 4$308.7M96.15 6.64%255 bp50
May 2026 4$203.6M95.58 6.79%279 bp25
Apr 2026 4$376.0M93.14 7.65%383 bp33
Mar 2026 4$295.9M89.95 9.12%538 bp43
Feb 2026 4$196.6M92.08 8.26%473 bp22
Jan 2026 4$389.7M93.85 7.23%365 bp35
Dec 2025 4$300.6M94.10 6.97%344 bp42
Nov 2025 4$190.8M93.73 7.27%370 bp20
Oct 2025 4$354.6M93.94 7.16%360 bp30
Sep 2025 4$314.3M94.70 6.73%316 bp46
Aug 2025 4$186.7M93.78 7.09%339 bp21
Jul 2025 4$294.5M90.89 8.28%439 bp28

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, 46 cut, 18 new holders and 2 exits in the latest quarter.

Fund seriesReportFace valueValueChange in face value
VANGUARD HIGH-YIELD CORPORATE FUND VANGUARD FIXED INCOME SECURITIES FUNDS 2026-07-31$102.2M$97.1M -$10.8M
VanEck Fallen Angel High Yield Bond ETF VanEck ETF Trust 2026-07-31$82.3M$77.8M $2.8M
iShares Fallen Angels USD Bond ETF iShares Trust 2026-07-31$52.1M$49.2M -$8.8M
American Funds Multi-Sector Income Fund 2026-06-30$52.4M$47.0M $0
PIMCO Total Return Fund PIMCO FUNDS 2026-06-30$47.3M$43.7M $0
Fidelity Series Investment Grade Bond Fund Fidelity Salem Street Trust 2026-05-31$42.4M$39.8M $0
Fidelity Investment Grade Bond Central Fund Fidelity Central Investment Portfolios II LLC 2026-06-30$37.2M$35.2M $0
Strategic Advisers Fidelity Core Income Fund Fidelity Rutland Square Trust II 2026-05-31$31.2M$30.3M $0
iShares Broad USD High Yield Corporate Bond ETF iShares Trust 2026-07-31$31.0M$29.3M $2.6M
Lord Abbett Short Duration High Yield Fund LORD ABBETT TRUST I 2026-07-31$27.0M$25.7M new
Fidelity Total Bond Fund Fidelity Income Fund 2026-05-31$27.2M$25.5M $0
American Funds Strategic Bond Fund 2026-06-30$20.0M$18.1M $0
iShares iBoxx $ High Yield Corporate Bond ETF iShares Trust 2026-05-31$18.7M$17.4M -$178K
Fidelity SAI Total Bond Fund Fidelity Salem Street Trust 2026-05-31$15.5M$14.6M $0
iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust 2026-07-31$14.9M$14.1M $845K
TCW METWEST TOTAL RETURN BOND FUND TCW Metropolitan West Funds 2026-06-30$14.2M$13.9M -$8.0M
PIMCO Long Duration Credit Bond Portfolio PIMCO FUNDS 2026-06-30$14.5M$13.3M $0
Capital Group U.S. Multi-Sector Income ETF Capital Group Fixed Income ETF Trust 2026-06-30$14.7M$12.9M $2.5M
Fidelity Corporate Bond Fund Fidelity Salem Street Trust 2026-05-31$12.4M$12.3M $0
American High Income Trust 2026-06-30$13.6M$11.9M -$4.1M
Bridge Builder Core Plus Bond Fund Bridge Builder Trust 2026-06-30$12.2M$11.9M -$2.5M
State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST 2026-06-30$12.3M$11.6M $4.1M
Cohen & Steers Short Duration Preferred & Income Fund,Inc. Cohen & Steers Short Duration Preferred & Income Fund, Inc. 2026-07-31$12.1M$11.2M $2.2M
State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF SPDR SERIES TRUST 2026-06-30$11.7M$11.1M $3.7M
Strategic Advisers Core Income Fund Fidelity Rutland Square Trust II 2026-05-31$11.7M$11.0M -$491K

Largest exits in the latest quarter (fund held the bonds in its previous report, none now): WESTWOOD MULTI-ASSET INCOME FUND ($1.0M), Arrow Dow Jones Global Yield ETF ($211K).

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.

ETFReportBondsFace valueValue% of net assets
ANGL VanEck Fallen Angel High Yield Bond ETF 2026-07-314$82.3M $77.8M2.55%
FALN iShares Fallen Angels USD Bond ETF 2026-07-314$52.1M $49.2M3.05%
USHY iShares Broad USD High Yield Corporate Bond ETF 2026-07-314$31.0M $29.3M0.10%
HYG iShares iBoxx $ High Yield Corporate Bond ETF 2026-05-313$18.7M $17.4M0.11%
SHYG iShares 0-5 Year High Yield Corporate Bond ETF 2026-07-314$14.9M $14.1M0.19%
CGMS Capital Group U.S. Multi-Sector Income ETF 2026-06-302$14.7M $12.9M0.25%
SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF 2026-06-304$12.3M $11.6M0.10%
SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF 2026-06-304$11.7M $11.1M0.23%
IFLN Invesco Bloomberg Enhanced Fallen Angels ETF 2026-05-314$9.2M $8.7M2.71%
HYS PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund 2026-06-303$5.8M $5.6M0.33%
CGCP Capital Group Core Plus Income ETF 2026-06-301$5.5M $4.8M0.06%
HYLB Xtrackers USD High Yield Corporate Bond ETF 2026-05-293$4.0M $3.7M0.11%
IBHG iShares iBonds 2027 Term High Yield and Income ETF 2026-07-311$3.6M $3.5M0.69%
BHYB Xtrackers USD High Yield BB-B ex Financials ETF 2026-05-314$3.3M $3.1M0.13%
SCYB Schwab High Yield Bond ETF 2026-05-313$3.0M $2.9M0.12%

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 265 bp spread prices in about 4.4% 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 HPP'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-endStock holdersStock valuePut managersPuts (underlying value)Call managersCalls (underlying value)Convertible holders
2026-09-30 filings still arriving 15$2.0M 0— 0— 0
2026-06-30 188$786.4M 7$5.0M 12$47.0M 0
2026-03-31 176$250.1M 10$3.0M 10$17.4M 0
2025-12-31 182$535.5M 8$6.0M 9$23.2M 0
2025-09-30 247$952.6M 9$5.5M 10$12.8M 0
2025-06-30 226$994.5M 11$11.4M 12$11.0M 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.

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms