Itron, Inc. bonds ITRI
Who owns Itron, 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. ITRI 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 |
|---|---|---|---|---|---|---|---|---|---|
| 465741AQ9 convertible | 1.375% fixed | 2030-07-15 | USD | 105.16 | — | — | 6 | $53.6M | Jul 2026 |
| 465741AR7 convertible | 0% none | 2032-03-15 | USD | 102.58 | — | — | 7 | $65.4M | Jul 2026 |
Spread history
Median spread of the US-dollar bonds over Treasuries, month-ends with complete filings. Fund-reported.
Not enough US-dollar bonds with a yield.
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 | $119.0M | 103.87 | — | — | 7 |
| Jun 2026 | 2 | $50.9M | 97.26 | — | — | 24 |
| May 2026 | 2 | $33.7M | 94.83 | — | — | 10 |
| Apr 2026 | 2 | $101.9M | 96.54 | — | — | 8 |
| Mar 2026 | 2 | $42.2M | 97.74 | — | — | 19 |
| Feb 2026 | 3 | $21.6M | 99.80 | — | — | 11 |
| Jan 2026 | 2 | $91.9M | 102.98 | — | — | 13 |
| Dec 2025 | 2 | $44.0M | 100.18 | — | — | 19 |
| Nov 2025 | 2 | $16.3M | 101.33 | — | — | 8 |
| Oct 2025 | 2 | $78.6M | 101.11 | — | — | 13 |
| Sep 2025 | 2 | $54.8M | 110.32 | — | — | 22 |
| Aug 2025 | 2 | $10.9M | 110.19 | — | — | 9 |
| Jul 2025 | 2 | $104.0M | 111.82 | — | — | 21 |
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. 14 added, 9 cut, 10 new holders and 8 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Calamos Market Neutral Income Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $57.5M | $59.6M | $0 |
| iShares Convertible Bond ETF iShares Trust | 2026-07-31 | $33.8M | $35.1M | $6.4M |
| State Street(R) SPDR(R) Bloomberg Convertible Securities ETF SPDR SERIES TRUST | 2026-06-30 | $24.1M | $23.5M | $4.7M |
| ABSOLUTE CONVERTIBLE ARBITRAGE FUND Unified Series Trust | 2026-06-30 | $15.0M | $14.7M | $5.0M |
| Columbia Convertible Securities Fund COLUMBIA FUNDS SERIES TRUST | 2026-05-31 | $14.5M | $13.4M | new |
| Miller Convertible Bond Fund Miller Investment Trust | 2026-07-31 | $11.0M | $11.3M | $6.0M |
| Fidelity Convertible Securities Fund Fidelity Financial Trust | 2026-05-31 | $10.0M | $9.5M | $3.5M |
| Miller Market Neutral Income Fund Miller Investment Trust | 2026-07-31 | $5.0M | $5.3M | $1.0M |
| Putnam Convertible Securities Fund | 2026-07-31 | $3.9M | $4.1M | -$1.2M |
| Invesco Convertible Securities Fund AIM Growth Series (Invesco Growth Series) | 2026-06-30 | $4.0M | $3.8M | -$2.0M |
| JPMorgan Global Bond Opportunities Fund JPMorgan Trust I | 2026-05-31 | $3.7M | $3.6M | $0 |
| Fidelity Strategic Dividend and Income Fund Fidelity Salem Street Trust | 2026-05-31 | $3.7M | $3.5M | $960K |
| American Beacon SSI Alternative Income Fund AMERICAN BEACON FUNDS | 2026-06-30 | $3.5M | $3.3M | $1.8M |
| Global Opportunities Portfolio | 2026-07-31 | $2.1M | $2.2M | $0 |
| JPMorgan Strategic Income Opportunities Fund JPMorgan Trust I | 2026-05-31 | $1.9M | $1.9M | $0 |
| Empower High Yield Bond Fund EMPOWER FUNDS, INC. | 2026-06-30 | $1.5M | $1.4M | -$361K |
| JPMorgan Flexible Debt ETF J.P. Morgan Exchange-Traded Fund Trust | 2026-05-31 | $1.1M | $1.1M | $0 |
| Morningstar Alternatives Fund Morningstar Funds Trust | 2026-07-31 | $794K | $809K | $0 |
| Strategic Alternatives Fund GuideStone Funds | 2026-06-30 | $729K | $692K | $310K |
| Loomis Sayles Strategic Income Fund LOOMIS SAYLES FUNDS II | 2026-06-30 | $611K | $609K | $0 |
| Advent Convertible Bond ETF RBB Fund Trust | 2026-05-31 | $592K | $579K | -$91K |
| Loomis Sayles Investment Grade Bond Fund LOOMIS SAYLES FUNDS II | 2026-06-30 | $443K | $441K | new |
| JNL Multi-Manager Alternative Fund JNL Series Trust | 2026-06-30 | $402K | $389K | $165K |
| Putnam Diversified Income Trust | 2026-06-30 | $327K | $326K | -$31K |
| Miller Convertible Total Return ETF Miller Investment Trust | 2026-07-31 | $300K | $308K | new |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): WATER ISLAND CREDIT OPPORTUNITIES FUND ($2.5M), WESTWOOD ALTERNATIVE INCOME FUND ($2.0M), Destinations Low Duration Fixed Income Fund ($1.5M), Advent Convertible & Income Fund ($1.4M), Defensive Market Strategies Fund ($1.3M), Morningstar Multisector Bond Fund ($24K), Opportunistic Fixed Income Trust ($13K), Opportunistic Fixed Income Fund ($12K).
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 |
|---|---|---|---|---|---|
| ICVT iShares Convertible Bond ETF | 2026-07-31 | 2 | $33.8M | $35.1M | 0.49% |
| CWB State Street(R) SPDR(R) Bloomberg Convertible Securities ETF | 2026-06-30 | 2 | $24.1M | $23.5M | 0.38% |
| JFLX JPMorgan Flexible Debt ETF | 2026-05-31 | 2 | $1.1M | $1.1M | 0.08% |
| ACVT Advent Convertible Bond ETF | 2026-05-31 | 1 | $592K | $579K | 1.79% |
| XAGG Eaton Vance Income Opportunities ETF | 2026-06-30 | 1 | $135K | $128K | 0.01% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 8.31: safer than 74% of companies (74th percentile in Technology). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $3.60B |
| Debt barrier (short-term + ½ long-term debt) | $73.8M |
| Equity volatility (1 year) | 47.1% |
| Asset value / asset volatility (solved) | $3.67B / 46.2% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
No US-dollar bond with a yield to compute it from.
Accounts: Altman Z
Altman Z = 2.15 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in ITRI'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 | 37 | $13.7M | 1 | $15.5M | 0 | — | 1 |
| 2026-06-30 | 401 | $4.24B | 11 | $28.6M | 14 | $133.5M | 56 |
| 2026-03-31 | 417 | $3.73B | 12 | $50.1M | 14 | $167.5M | 58 |
| 2025-12-31 | 428 | $4.28B | 10 | $66.0M | 9 | $144.2M | 77 |
| 2025-09-30 | 460 | $6.16B | 6 | $49.8M | 5 | $155.9M | 75 |
| 2025-06-30 | 448 | $6.54B | 4 | $20.8M | 7 | $166.9M | 74 |
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.