Knife River Corporation bonds KNF
Who owns Knife River Corporation'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. KNF 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 |
|---|---|---|---|---|---|---|---|---|---|
| 498894AA2 | 7.75% fixed | 2031-05-01 | USD | 103.17 | 6.95% | 263 bp | 35 | $50.4M | 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 | 1 | $50.4M | 103.17 | 6.95% | 263 bp | 35 |
| Jun 2026 | 1 | $22.4M | 103.76 | 6.82% | 262 bp | 20 |
| May 2026 | 1 | $33.1M | 103.82 | 6.82% | 268 bp | 21 |
| Apr 2026 | 1 | $49.0M | 103.88 | 6.82% | 288 bp | 36 |
| Mar 2026 | 1 | $22.2M | 103.56 | 6.91% | 305 bp | 20 |
| Feb 2026 | 1 | $32.8M | 104.26 | 6.76% | 306 bp | 20 |
| Jan 2026 | 1 | $53.1M | 104.17 | 6.79% | 298 bp | 34 |
| Dec 2025 | 1 | $19.6M | 104.89 | 6.64% | 291 bp | 18 |
| Nov 2025 | 1 | $32.2M | 105.19 | 6.59% | 288 bp | 20 |
| Oct 2025 | 1 | $55.1M | 104.76 | 6.70% | 301 bp | 35 |
| Sep 2025 | 1 | $21.7M | 104.98 | 6.67% | 295 bp | 18 |
| Aug 2025 | 1 | $30.3M | 104.88 | 6.70% | 284 bp | 21 |
| Jul 2025 | 1 | $56.9M | 104.94 | 6.70% | 267 bp | 34 |
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. 16 added, 6 cut, 4 new holders and 4 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| NYLIM MacKay High Yield Corporate Bond Fund NYLIM FUNDS | 2026-07-31 | $16.0M | $16.5M | $0 |
| JPMorgan High Yield Fund JPMorgan Trust II | 2026-05-31 | $10.7M | $11.1M | $152K |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $7.2M | $7.5M | $514K |
| JPMorgan Active High Yield ETF J.P. Morgan Exchange-Traded Fund Trust | 2026-05-31 | $5.5M | $5.7M | $112K |
| JPMorgan Core Plus Bond Fund JPMorgan Trust II | 2026-05-31 | $5.4M | $5.6M | $0 |
| MFS High Income Fund MFS Series Trust III | 2026-07-31 | $4.5M | $4.6M | $0 |
| NYLIM VP MacKay High Yield Corporate Bond Portfolio NYLIM VP FUNDS TRUST | 2026-06-30 | $4.3M | $4.4M | $500K |
| MML Barings High Yield Fund MASSMUTUAL PREMIER FUNDS | 2026-06-30 | $3.6M | $3.7M | $0 |
| JPMorgan Income Fund JPMorgan Trust I | 2026-05-31 | $3.3M | $3.5M | $90K |
| JPMorgan Income Builder Fund JPMorgan Trust I | 2026-07-31 | $3.2M | $3.3M | $48K |
| Hotchkis and Wiley High Yield Fund HOTCHKIS & WILEY FUNDS/DE/ | 2026-06-30 | $3.1M | $3.2M | $0 |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $2.8M | $2.9M | new |
| Impax High Yield Bond Fund IMPAX FUNDS SERIES TRUST I | 2026-06-30 | $2.7M | $2.8M | $0 |
| Victory High Income Fund Victory Portfolios III | 2026-07-31 | $2.1M | $2.2M | -$1.3M |
| Barings Global Short Duration High Yield Fund | 2026-06-30 | $2.1M | $2.2M | $0 |
| JPMorgan Core Plus Bond ETF J.P. Morgan Exchange-Traded Fund Trust | 2026-05-31 | $1.7M | $1.8M | $0 |
| CITY NATIONAL ROCHDALE FIXED INCOME OPPORTUNITIES FUND City National Rochdale Funds | 2026-06-30 | $1.4M | $1.4M | $0 |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $1.3M | $1.4M | $73K |
| MFS High Yield Pooled Portfolio MFS Series Trust III | 2026-07-31 | $1.3M | $1.3M | $75K |
| CALAMOS STRATEGIC TOTAL RETURN FUND | 2026-07-31 | $1.2M | $1.2M | $0 |
| Neuberger High Income Bond Fund NEUBERGER BERMAN INCOME FUNDS | 2026-07-31 | $1.1M | $1.2M | $0 |
| Schwab High Yield Bond ETF SCHWAB STRATEGIC TRUST | 2026-05-31 | $1.1M | $1.1M | -$20K |
| Angel Oak Multi-Strategy Income Fund Angel Oak Funds Trust | 2026-07-31 | $1.1M | $1.1M | $0 |
| CALAMOS CONVERTIBLE & HIGH INCOME FUND | 2026-07-31 | $1.0M | $1.1M | $0 |
| LVIP JPMorgan High Yield Fund LINCOLN VARIABLE INSURANCE PRODUCTS TRUST | 2026-06-30 | $1.0M | $1.1M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): MFS MULTIMARKET INCOME TRUST ($375K), BondBloxx BB Rated USD High Yield Corporate Bond ETF ($235K), FlexShares High Yield Value - Scored Bond Index Fund ($130K), Systematic High Yield Bond Series ($100K).
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 |
|---|---|---|---|---|---|
| USHY iShares Broad USD High Yield Corporate Bond ETF | 2026-07-31 | 1 | $7.2M | $7.5M | 0.03% |
| JPHY JPMorgan Active High Yield ETF | 2026-05-31 | 1 | $5.5M | $5.7M | 0.26% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 1 | $2.8M | $2.9M | 0.04% |
| JCPB JPMorgan Core Plus Bond ETF | 2026-05-31 | 1 | $1.7M | $1.8M | 0.01% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 1 | $1.3M | $1.4M | 0.01% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 1 | $1.1M | $1.1M | 0.04% |
| JPIE JPMorgan Income ETF | 2026-05-31 | 1 | $925K | $960K | 0.01% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 1 | $847K | $879K | 0.04% |
| CARY Angel Oak Income ETF | 2026-07-31 | 1 | $650K | $672K | 0.05% |
| AOHY Angel Oak High Yield Opportunities ETF | 2026-07-31 | 1 | $520K | $538K | 0.43% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 1 | $445K | $459K | 0.00% |
| CPLB NYLIM MacKay Core Plus Bond ETF | 2026-07-31 | 1 | $400K | $413K | 0.11% |
| IQHI NYLIM MacKay High Income ETF | 2026-07-31 | 1 | $350K | $361K | 0.32% |
| HYBB iShares BB Rated Corporate Bond ETF | 2026-07-31 | 1 | $203K | $209K | 0.05% |
| BBHY JPMorgan BetaBuilders USD High Yield Corporate Bond ETF | 2026-05-31 | 1 | $174K | $181K | 0.03% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 3.67: safer than 33% of companies (38th percentile in Basic Materials). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $2.80B |
| Debt barrier (short-term + ½ long-term debt) | $817.3M |
| Equity volatility (1 year) | 50.3% |
| Asset value / asset volatility (solved) | $3.58B / 39.4% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 263 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
Altman Z = 2.23 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in KNF'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 | 38 | $42.5M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 381 | $4.06B | 2 | $393K | 5 | $4.3M | 0 |
| 2026-03-31 | 374 | $3.48B | 5 | $2.7M | 4 | $2.5M | 0 |
| 2025-12-31 | 373 | $3.20B | 1 | $584K | 3 | $1.3M | 0 |
| 2025-09-30 | 384 | $3.54B | 4 | $6.4M | 4 | $5.1M | 0 |
| 2025-06-30 | 404 | $3.92B | 4 | $1.9M | 3 | $3.6M | 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.