International Flavors & Fragrances Inc. bonds IFF
Who owns International Flavors & Fragrances 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. IFF 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 |
|---|---|---|---|---|---|---|---|---|---|
| AU5908978 | 1.8% fixed | 2026-09-25 | EUR | 99.84 | 2.86% | — | 1 | $115K | Jul 2026 |
| 459506AP6 | 1.832% fixed | 2027-10-15 | USD | 96.77 | 4.61% | 53 bp | 11 | $12.5M | Jul 2026 |
| 459506AK7 | 4.45% fixed | 2028-09-26 | USD | 99.45 | 4.72% | 49 bp | 7 | $6.7M | Jul 2026 |
| 459506AQ4 | 2.3% fixed | 2030-11-01 | USD | 89.46 | 5.09% | 78 bp | 12 | $8.1M | Jul 2026 |
| 459506AR2 | 3.268% fixed | 2040-11-15 | USD | 73.78 | 6.03% | 121 bp | 2 | $369K | Jul 2026 |
| 459506AE1 | 4.38% fixed | 2047-06-01 | USD | 78.55 | 6.23% | 112 bp | 4 | $1.1M | Jul 2026 |
| 459506AL5 | 5% fixed | 2048-09-26 | USD | 84.47 | 6.31% | 120 bp | 8 | $1.3M | Jul 2026 |
| 459506AS0 | 3.468% fixed | 2050-12-01 | USD | 65.95 | 6.19% | 109 bp | 3 | $557K | 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 | 8 | $30.7M | 86.97 | 6.03% | 109 bp | 12 |
| Jun 2026 | 8 | $303.1M | 89.24 | 5.72% | 88 bp | 34 |
| May 2026 | 11 | $189.0M | 96.49 | 5.76% | 86 bp | 23 |
| Apr 2026 | 8 | $35.3M | 88.03 | 5.86% | 120 bp | 16 |
| Mar 2026 | 9 | $292.2M | 89.08 | 5.84% | 121 bp | 37 |
| Feb 2026 | 9 | $148.5M | 91.20 | 5.40% | 99 bp | 20 |
| Jan 2026 | 8 | $35.6M | 89.63 | 5.56% | 107 bp | 16 |
| Dec 2025 | 10 | $284.2M | 93.11 | 5.57% | 111 bp | 36 |
| Nov 2025 | 12 | $155.9M | 97.61 | 5.47% | 109 bp | 20 |
| Oct 2025 | 8 | $46.4M | 89.33 | 5.48% | 113 bp | 16 |
| Sep 2025 | 11 | $284.3M | 95.14 | 5.61% | 108 bp | 38 |
| Aug 2025 | 8 | $158.9M | 87.75 | 5.81% | 121 bp | 27 |
| Jul 2025 | 9 | $105.0M | 88.25 | 5.94% | 111 bp | 23 |
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. 21 added, 25 cut, 8 new holders and 10 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Baird Short-Term Bond Fund Baird Funds Inc | 2026-06-30 | $61.5M | $59.4M | $0 |
| TCW METWEST TOTAL RETURN BOND FUND TCW Metropolitan West Funds | 2026-06-30 | $51.7M | $45.7M | -$8.9M |
| T. Rowe Price Ultra Short-Term Bond Fund T. ROWE PRICE SHORT-TERM BOND FUND, INC. | 2026-05-31 | $28.3M | $28.1M | $5.3M |
| JPMorgan Core Bond Fund JPMorgan Trust II | 2026-05-31 | $31.2M | $28.0M | $0 |
| Franklin Income Fund Franklin Custodian Funds | 2026-06-30 | $24.5M | $22.2M | $0 |
| T. Rowe Price Short-Term Bond Fund, Inc. T. ROWE PRICE SHORT-TERM BOND FUND, INC. | 2026-05-31 | $22.0M | $21.8M | new |
| PGIM Short-Term Corporate Bond Fund Prudential Short-Term Corporate Bond Fund, Inc. | 2026-06-30 | $23.9M | $21.7M | $20.9M |
| Thornburg Strategic Income Fund THORNBURG INVESTMENT TRUST | 2026-06-30 | $19.2M | $20.9M | $0 |
| Bridge Builder Core Plus Bond Fund Bridge Builder Trust | 2026-06-30 | $21.8M | $20.4M | $0 |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $14.7M | $13.8M | $340K |
| T. Rowe Price Ultra Short-Term Bond ETF T. Rowe Price Exchange-Traded Funds, Inc. | 2026-05-31 | $12.3M | $12.2M | $2.8M |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $10.9M | $10.1M | -$335K |
| Baird Core Plus Bond Fund Baird Funds Inc | 2026-06-30 | $10.3M | $9.4M | $0 |
| MOA CORE BOND FUND MoA Funds Corp | 2026-06-30 | $9.1M | $8.8M | $0 |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $8.5M | $7.2M | $640K |
| TCW METWEST UNCONSTRAINED BOND FUND TCW Metropolitan West Funds | 2026-06-30 | $7.8M | $7.1M | $0 |
| JPMorgan Active Bond ETF J.P. Morgan Exchange-Traded Fund Trust | 2026-05-31 | $7.8M | $7.0M | $0 |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $7.7M | $6.9M | -$340K |
| American Funds Strategic Bond Fund | 2026-06-30 | $7.2M | $6.5M | $0 |
| SIIT CORE FIXED INCOME FUND SEI INSTITUTIONAL INVESTMENTS TRUST | 2026-05-31 | $6.7M | $6.0M | $0 |
| SIIT INTERMEDIATE DURATION CREDIT FUND SEI INSTITUTIONAL INVESTMENTS TRUST | 2026-05-31 | $6.6M | $5.9M | -$290K |
| Angel Oak UltraShort Income ETF Angel Oak | 2026-07-31 | $5.7M | $5.5M | $0 |
| iShares Core Universal USD Bond ETF iShares Trust | 2026-07-31 | $6.2M | $5.3M | $1.6M |
| Multi-Manager Total Return Bond Strategies Fund COLUMBIA FUNDS SERIES TRUST I | 2026-05-31 | $5.9M | $5.3M | $0 |
| Strategic Advisers Short Duration Fund Fidelity Rutland Square Trust II | 2026-05-31 | $5.3M | $5.2M | new |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): MFS Limited Maturity Fund ($1.3M), SFT Core Bond Fund ($1.2M), Opportunistic Credit Fund ($746K), T. Rowe Price Limited-Term Bond Portfolio ($600K), Core Plus Bond Fund ($440K), MFS Commodity Strategy Fund ($294K), Goldman Sachs Bond Fund ($170K), Investment Grade Bond Fund ($145K), Columbia Short Duration Bond ETF ($100K), F/m 3-Year Investment Grade Corporate Bond ETF ($91K).
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 |
|---|---|---|---|---|---|
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 3 | $14.7M | $13.8M | 0.06% |
| TBUX T. Rowe Price Ultra Short-Term Bond ETF | 2026-05-31 | 2 | $12.3M | $12.2M | 1.07% |
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 2 | $10.9M | $10.1M | 0.00% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 7 | $8.5M | $7.2M | 0.04% |
| JBND JPMorgan Active Bond ETF | 2026-05-31 | 1 | $7.8M | $7.0M | 0.09% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 3 | $7.7M | $6.9M | 0.01% |
| UYLD Angel Oak UltraShort Income ETF | 2026-07-31 | 1 | $5.7M | $5.5M | 0.35% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 7 | $6.2M | $5.3M | 0.01% |
| IBDT iShares iBonds Dec 2028 Term Corporate ETF | 2026-07-31 | 1 | $3.2M | $3.2M | 0.08% |
| PCS PGIM Corporate Bond 0-5 Year ETF | 2026-05-29 | 2 | $3.2M | $3.1M | 0.51% |
| VCLT VANGUARD LONG-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 2 | $2.8M | $2.4M | 0.03% |
| BUXX Strive Enhanced Income Short Maturity ETF | 2026-06-30 | 1 | $2.1M | $2.0M | 0.43% |
| CORP PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund | 2026-06-30 | 1 | $2.0M | $2.0M | 0.13% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $1.9M | $1.9M | 0.00% |
| DFSD Dimensional Short-Duration Fixed Income ETF | 2026-07-31 | 1 | $1.9M | $1.8M | 0.03% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 6.76: safer than 64% of companies (70th percentile in Basic Materials). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $23.19B |
| Debt barrier (short-term + ½ long-term debt) | $3.33B |
| Equity volatility (1 year) | 34.8% |
| Asset value / asset volatility (solved) | $26.38B / 30.6% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 109 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 = 1.75 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in IFF'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 | 95 | $408.3M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 742 | $21.31B | 10 | $32.1M | 12 | $47.5M | 0 |
| 2026-03-31 | 687 | $15.50B | 11 | $46.6M | 10 | $33.7M | 0 |
| 2025-12-31 | 698 | $16.53B | 12 | $53.5M | 17 | $68.7M | 0 |
| 2025-09-30 | 691 | $14.65B | 16 | $65.6M | 19 | $75.5M | 0 |
| 2025-06-30 | 678 | $17.26B | 16 | $64.5M | 21 | $107.2M | 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.