H&R Block, Inc. bonds HRB
Who owns H&R Block, 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. HRB 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 |
|---|---|---|---|---|---|---|---|---|---|
| 093662AJ3 | 2.5% fixed | 2028-07-15 | USD | 95.37 | 5.01% | 80 bp | 14 | $14.0M | Jul 2026 |
| 093662AH7 | 3.875% fixed | 2030-08-15 | USD | 94.54 | 5.40% | 110 bp | 14 | $12.4M | Jul 2026 |
| 093662AK0 | 5.375% fixed | 2032-09-15 | USD | 98.03 | 5.76% | 136 bp | 12 | $37.5M | 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 | $64.0M | 95.37 | 5.40% | 110 bp | 14 |
| Jun 2026 | 3 | $185.5M | 95.30 | 5.24% | 106 bp | 36 |
| May 2026 | 3 | $79.8M | 95.40 | 5.15% | 105 bp | 18 |
| Apr 2026 | 3 | $51.7M | 94.77 | 5.43% | 154 bp | 15 |
| Mar 2026 | 3 | $187.7M | 94.42 | 5.37% | 155 bp | 36 |
| Feb 2026 | 3 | $81.2M | 95.31 | 5.09% | 146 bp | 18 |
| Jan 2026 | 3 | $28.0M | 96.34 | 4.78% | 104 bp | 15 |
| Dec 2025 | 3 | $149.6M | 96.30 | 4.77% | 110 bp | 39 |
| Nov 2025 | 3 | $71.1M | 96.83 | 4.63% | 98 bp | 19 |
| Oct 2025 | 3 | $24.7M | 96.54 | 4.69% | 105 bp | 16 |
| Sep 2025 | 3 | $148.1M | 96.34 | 4.72% | 107 bp | 37 |
| Aug 2025 | 4 | $65.8M | 98.02 | 4.78% | 100 bp | 16 |
| Jul 2025 | 3 | $72.7M | 95.19 | 4.82% | 92 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. 24 added, 29 cut, 4 new holders and 4 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $48.3M | $46.2M | $2.1M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $35.1M | $33.6M | $0 |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $22.5M | $22.1M | -$5.7M |
| Dimensional Global Core Plus Fixed Income ETF Dimensional ETF Trust | 2026-07-31 | $20.3M | $19.9M | $17.3M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $16.2M | $15.5M | $2.6M |
| iMGP Dolan McEniry Corporate Bond Fund LITMAN GREGORY FUNDS TRUST | 2026-06-30 | $11.1M | $10.6M | $0 |
| MOA CORE BOND FUND MoA Funds Corp | 2026-06-30 | $10.8M | $10.5M | $0 |
| Thornburg Limited Term Income Fund THORNBURG INVESTMENT TRUST | 2026-06-30 | $10.4M | $9.9M | $0 |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $8.2M | $7.8M | -$130K |
| Victory Core Plus Intermediate Bond Fund Victory Portfolios III | 2026-07-31 | $7.3M | $7.1M | -$7.2M |
| Thompson Bond Fund Thompson IM Funds, Inc. | 2026-05-31 | $7.4M | $7.0M | $150K |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $6.3M | $6.2M | $366K |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $6.2M | $5.9M | $140K |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $6.1M | $5.8M | -$215K |
| Dimensional Short-Duration Fixed Income ETF Dimensional ETF Trust | 2026-07-31 | $5.9M | $5.6M | $0 |
| MOA INTERMEDIATE BOND FUND MoA Funds Corp | 2026-06-30 | $5.5M | $5.4M | $0 |
| NVIT Loomis Core Bond Fund Nationwide Variable Insurance Trust | 2026-06-30 | $4.7M | $4.6M | $0 |
| Invesco BulletShares 2030 Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $4.4M | $4.2M | $227K |
| PIMCO Long Duration Credit Bond Portfolio PIMCO FUNDS | 2026-06-30 | $4.2M | $4.0M | $0 |
| iShares iBonds Dec 2030 Term Corporate ETF iShares Trust | 2026-07-31 | $4.1M | $3.9M | $288K |
| Invesco BulletShares 2028 Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $4.1M | $3.9M | $0 |
| DoubleLine Core Fixed Income Fund DoubleLine Funds Trust | 2026-06-30 | $3.8M | $3.7M | -$1.4M |
| Multi-Manager Total Return Bond Strategies Fund COLUMBIA FUNDS SERIES TRUST I | 2026-05-31 | $3.8M | $3.7M | $0 |
| THRIVENT CORE INVESTMENT GRADE CORPORATE BOND FUND Thrivent Core Funds | 2026-07-31 | $3.8M | $3.7M | $0 |
| State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $3.8M | $3.6M | -$177K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): THRIVENT MODERATE ALLOCATION PORTFOLIO ($744K), Opportunistic Credit Fund ($666K), DWS Total Return Bond Fund ($480K), iShares ESG Aware U.S. Aggregate Bond ETF ($467K).
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 | 3 | $48.3M | $46.2M | 0.01% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $22.5M | $22.1M | 0.03% |
| DFGP Dimensional Global Core Plus Fixed Income ETF | 2026-07-31 | 1 | $20.3M | $19.9M | 0.59% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 2 | $16.2M | $15.5M | 0.03% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 3 | $8.2M | $7.8M | 0.01% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 1 | $6.3M | $6.2M | 0.01% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $6.2M | $5.9M | 0.03% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 2 | $6.1M | $5.8M | 0.01% |
| DFSD Dimensional Short-Duration Fixed Income ETF | 2026-07-31 | 1 | $5.9M | $5.6M | 0.08% |
| BSCU Invesco BulletShares 2030 Corporate Bond ETF | 2026-05-31 | 1 | $4.4M | $4.2M | 0.16% |
| IBDV iShares iBonds Dec 2030 Term Corporate ETF | 2026-07-31 | 1 | $4.1M | $3.9M | 0.12% |
| BSCS Invesco BulletShares 2028 Corporate Bond ETF | 2026-05-31 | 1 | $4.1M | $3.9M | 0.11% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 3 | $3.8M | $3.6M | 0.03% |
| IBDT iShares iBonds Dec 2028 Term Corporate ETF | 2026-07-31 | 1 | $3.8M | $3.6M | 0.09% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 1 | $3.7M | $3.6M | 0.03% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 5.18: safer than 50% of companies (49th percentile in Consumer Cyclical). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $5.83B |
| Debt barrier (short-term + ½ long-term debt) | $745.7M |
| Equity volatility (1 year) | 46.2% |
| Asset value / asset volatility (solved) | $6.55B / 41.1% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 110 bp spread prices in about 1.8% 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'' = 2.26 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in HRB'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 | 64 | $40.1M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 530 | $4.78B | 11 | $27.9M | 14 | $27.7M | 1 |
| 2026-03-31 | 474 | $3.34B | 15 | $24.1M | 14 | $15.4M | 1 |
| 2025-12-31 | 495 | $5.04B | 13 | $11.4M | 14 | $13.3M | 1 |
| 2025-09-30 | 533 | $5.86B | 10 | $9.8M | 13 | $12.6M | 1 |
| 2025-06-30 | 554 | $6.53B | 8 | $15.9M | 9 | $16.4M | 1 |
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.