ICL Group Ltd bonds ICL
Who owns ICL Group Ltd'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. ICL 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 |
|---|---|---|---|---|---|---|---|---|---|
| DL3853629 | 6.036% fixed | 2036-06-16 | USD | 98.61 | 6.23% | 163 bp | 9 | $29.1M | Jul 2026 |
| M53213AA8 | 6.036% fixed | 2036-06-16 | USD | 99.93 | 6.05% | 158 bp | 1 | $2.5M | Jun 2026 |
| M5R07DAG5 | 6.375% fixed | 2038-05-31 | USD | 100.90 | 6.26% | 157 bp | 2 | $1.4M | 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 | 2 | $30.5M | 99.75 | 6.25% | 160 bp | 9 |
| Jun 2026 | 3 | $38.0M | 99.93 | 6.06% | 158 bp | 14 |
| May 2026 | 1 | $92K | 104.03 | 5.90% | 131 bp | 2 |
| Apr 2026 | 1 | $1.2M | 103.00 | 6.02% | 158 bp | 2 |
| Mar 2026 | 1 | $3.2M | 102.48 | 6.08% | 171 bp | 2 |
| Feb 2026 | 2 | $2.7M | 104.47 | 5.86% | 160 bp | 2 |
| Jan 2026 | 1 | $1.2M | 103.74 | 5.94% | 160 bp | 2 |
| Dec 2025 | 1 | $8.2M | 103.62 | 5.96% | 167 bp | 4 |
| Nov 2025 | 2 | $2.7M | 103.85 | 5.93% | 170 bp | 2 |
| Oct 2025 | 1 | $1.3M | 104.54 | 5.86% | 166 bp | 2 |
| Sep 2025 | 1 | $7.5M | 104.16 | 5.90% | 162 bp | 4 |
| Aug 2025 | 1 | $91K | 103.92 | 5.93% | 151 bp | 2 |
| Jul 2025 | 1 | $1.2M | 102.61 | 6.08% | 154 bp | 2 |
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. 4 added, 0 cut, 19 new holders and 1 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| MFS Emerging Markets Debt Fund MFS SERIES TRUST X | 2026-07-31 | $19.1M | $18.8M | new |
| PIMCO Emerging Markets Bond Fund PIMCO FUNDS | 2026-06-30 | $8.9M | $9.0M | $6.0M |
| Bond Fund of America | 2026-06-30 | $6.0M | $6.0M | new |
| College Retirement Equities Fund - Core Bond Account College Retirement Equities Fund | 2026-06-30 | $5.3M | $5.3M | new |
| College Retirement Equities Fund - Inflation-Linked Bond Account College Retirement Equities Fund | 2026-06-30 | $4.0M | $4.0M | new |
| Nuveen Core Plus Bond Fund TIAA-CREF Funds | 2026-06-30 | $4.0M | $4.0M | new |
| Nuveen Core Bond Fund TIAA-CREF Funds | 2026-06-30 | $4.0M | $4.0M | new |
| Invesco Total Return Bond ETF Invesco Actively Managed Exchange-Traded Fund Trust | 2026-07-31 | $3.5M | $3.5M | new |
| Six Circles Credit Opportunities Fund SIX CIRCLES TRUST | 2026-06-30 | $2.5M | $2.5M | new |
| NYLIM MacKay Strategic Bond Fund NYLIM FUNDS | 2026-07-31 | $2.5M | $2.4M | new |
| iShares Core Universal USD Bond ETF iShares Trust | 2026-07-31 | $1.7M | $1.7M | $950K |
| Nomura Diversified Income Fund Delaware Group Adviser Funds | 2026-07-31 | $1.7M | $1.6M | new |
| Nomura Emerging Markets Debt Corporate Fund Delaware Group Government Fund | 2026-07-31 | $990K | $977K | new |
| Optimum Fixed Income Fund Optimum Fund Trust | 2026-06-30 | $895K | $895K | new |
| iShares J.P. Morgan EM Corporate Bond ETF iShares, Inc. | 2026-07-31 | $850K | $848K | $400K |
| PIMCO Emerging Markets Bond Portfolio PIMCO VARIABLE INSURANCE TRUST | 2026-06-30 | $600K | $605K | $400K |
| Nomura Asset Strategy Fund IVY FUNDS | 2026-06-30 | $505K | $505K | new |
| JNL/PPM America Emerging Markets Debt Fund JNL Series Trust | 2026-06-30 | $395K | $396K | first report |
| Nationwide Invesco Core Plus Bond Fund Nationwide Mutual Funds | 2026-07-31 | $399K | $393K | new |
| Nomura VIP Asset Strategy Series Ivy Variable Insurance Portfolios | 2026-06-30 | $315K | $315K | new |
| Invesco V.I. Core Plus Bond Fund AIM Variable Insurance Funds (Invesco Variable Insurance Funds) | 2026-06-30 | $251K | $251K | new |
| PIMCO Emerging Markets Corporate Bond Fund PIMCO FUNDS | 2026-06-30 | $200K | $200K | new |
| Nuveen Life Core Bond Fund TIAA-CREF Life Funds | 2026-06-30 | $200K | $199K | new |
| Nuveen Core Plus Bond ETF NuShares ETF Trust | 2026-07-31 | $200K | $197K | new |
| iShares Core 10+ Year USD Bond ETF iShares Trust | 2026-05-31 | $60K | $62K | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Vident U.S. Bond Strategy ETF ($2.5M).
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 |
|---|---|---|---|---|---|
| GTO Invesco Total Return Bond ETF | 2026-07-31 | 1 | $3.5M | $3.5M | 0.14% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 2 | $1.7M | $1.7M | 0.00% |
| CEMB iShares J.P. Morgan EM Corporate Bond ETF | 2026-07-31 | 2 | $850K | $848K | 0.21% |
| NCPB Nuveen Core Plus Bond ETF | 2026-07-31 | 1 | $200K | $197K | 0.36% |
| ILTB iShares Core 10+ Year USD Bond ETF | 2026-05-31 | 1 | $60K | $62K | 0.01% |
| UNIY WisdomTree VOYA Yield Enhanced USD Universal Bond Fund | 2026-05-31 | 1 | $28K | $29K | 0.00% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 4.77: safer than 46% of companies (53th percentile in Basic Materials). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $6.32B |
| Debt barrier (short-term + ½ long-term debt) | $1.97B |
| Equity volatility (1 year) | 38.8% |
| Asset value / asset volatility (solved) | $8.21B / 29.8% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 160 bp spread prices in about 2.7% 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
Altman Z'' = 3.66 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in ICL'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 | 24 | $4.7M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 216 | $978.2M | 3 | $81K | 2 | $836K | 0 |
| 2026-03-31 | 207 | $888.7M | 2 | $142K | 3 | $1.2M | 0 |
| 2025-12-31 | 199 | $1.29B | 2 | $32K | 4 | $2.5M | 0 |
| 2025-09-30 | 199 | $1.06B | 0 | — | 2 | $195K | 0 |
| 2025-06-30 | 201 | $1.26B | 4 | $1.0M | 4 | $402K | 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.