Lumentum Holdings Inc. bonds LITE
Who owns Lumentum Holdings 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. LITE 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 |
|---|---|---|---|---|---|---|---|---|---|
| 55024UAD1 convertible | 0.5% fixed | 2026-12-15 | USD | — | — | — | 1 | $3.4M | Jun 2026 |
| 55024UAF6 convertible | 0.5% fixed | 2028-06-15 | USD | — | — | — | 4 | $31.2M | Jul 2026 |
| 55024UAH2 convertible | 1.5% fixed | 2029-12-15 | USD | — | — | — | 1 | $542K | Jul 2026 |
| 55024UAJ8 convertible | 0.375% fixed | 2032-03-15 | USD | 389.83 | — | — | 31 | $350.7M | 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 | 3 | $382.4M | 389.83 | — | — | 31 |
| Jun 2026 | 3 | $273.7M | — | — | — | 46 |
| May 2026 | 2 | $172.3M | — | — | — | 11 |
| Apr 2026 | 4 | $1.06B | — | — | — | 31 |
| Mar 2026 | 4 | $563.7M | 384.94 | — | — | 31 |
| Feb 2026 | 4 | $284.2M | 382.36 | — | — | 8 |
| Jan 2026 | 4 | $712.5M | 301.93 | — | — | 27 |
| Dec 2025 | 4 | $324.7M | 283.94 | — | — | 16 |
| Nov 2025 | 4 | $157.5M | 249.75 | — | — | 7 |
| Oct 2025 | 4 | $454.5M | 184.96 | — | — | 25 |
| Sep 2025 | 4 | $208.7M | 153.93 | — | — | 17 |
| Aug 2025 | 3 | $75.7M | 143.60 | — | — | 8 |
| Jul 2025 | 3 | $272.5M | 126.84 | — | — | 18 |
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. 7 added, 62 cut, 14 new holders and 3 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| State Street(R) SPDR(R) Bloomberg Convertible Securities ETF SPDR SERIES TRUST | 2026-06-30 | $32.4M | $174.7M | -$10.3M |
| Calamos Market Neutral Income Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $30.1M | $117.5M | $0 |
| iShares Convertible Bond ETF iShares Trust | 2026-07-31 | $26.7M | $104.1M | -$27.6M |
| Fidelity Convertible Securities Fund Fidelity Financial Trust | 2026-05-31 | $14.1M | $76.1M | -$6.8M |
| Columbia Convertible Securities Fund COLUMBIA FUNDS SERIES TRUST | 2026-05-31 | $11.0M | $50.8M | -$8.0M |
| NYLIM MacKay Convertible Fund NYLIM FUNDS | 2026-07-31 | $5.6M | $30.6M | -$6.9M |
| Fidelity Strategic Dividend and Income Fund Fidelity Salem Street Trust | 2026-05-31 | $5.2M | $27.8M | -$3.7M |
| NYLIM VP MacKay Convertible Portfolio NYLIM VP FUNDS TRUST | 2026-06-30 | $4.0M | $26.0M | -$7.5M |
| CALAMOS CONVERTIBLE & HIGH INCOME FUND | 2026-07-31 | $4.6M | $18.0M | -$5.4M |
| Calamos Convertible Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $4.6M | $18.0M | -$5.1M |
| CALAMOS CONVERTIBLE OPPORTUNITIES & INCOME FUND | 2026-07-31 | $4.3M | $16.9M | -$5.2M |
| Calamos Dynamic Convertible & Income Fund | 2026-07-31 | $3.7M | $14.6M | -$4.0M |
| Putnam Convertible Securities Fund | 2026-07-31 | $3.5M | $13.7M | -$2.1M |
| Lord Abbett Convertible Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $1.9M | $12.3M | -$3.4M |
| Virtus Income & Growth Fund Virtus Investment Trust | 2026-06-30 | $2.5M | $11.7M | -$19.9M |
| Virtus Convertible Fund Virtus Strategy Trust | 2026-06-30 | $2.5M | $11.6M | -$18.8M |
| CALAMOS STRATEGIC TOTAL RETURN FUND | 2026-07-31 | $2.7M | $10.4M | -$1.6M |
| Invesco Convertible Securities Fund AIM Growth Series (Invesco Growth Series) | 2026-06-30 | $2.2M | $10.4M | -$6.5M |
| JNL Multi-Manager Alternative Fund JNL Series Trust | 2026-06-30 | $2.2M | $10.3M | -$124K |
| Calamos Growth & Income Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $2.0M | $8.0M | -$1.2M |
| Empower High Yield Bond Fund EMPOWER FUNDS, INC. | 2026-06-30 | $1.4M | $6.4M | -$1.4M |
| Global Opportunities Portfolio | 2026-07-31 | $1.1M | $4.4M | -$835K |
| Advent Convertible & Income Fund ADVENT CONVERTIBLE & INCOME FUND | 2026-07-31 | $889K | $3.5M | -$683K |
| Buffalo Growth & Income Fund Buffalo Funds | 2026-06-30 | $400K | $3.4M | -$250K |
| PACE Alternative Strategies Investments PACE SELECT ADVISORS TRUST | 2026-07-31 | $819K | $3.2M | $374K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Franklin Convertible Securities Fund ($6.5M), Virtus Artificial Intelligence & Technology Opportunities Fund ($3.8M), 1290 Loomis Sayles Multi-Asset Income Fund ($66K).
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 |
|---|---|---|---|---|---|
| CWB State Street(R) SPDR(R) Bloomberg Convertible Securities ETF | 2026-06-30 | 2 | $32.4M | $174.7M | 2.82% |
| ICVT iShares Convertible Bond ETF | 2026-07-31 | 1 | $26.7M | $104.1M | 1.45% |
| FCVT First Trust SSI Strategic Convertible Securities ETF | 2026-07-31 | 1 | $659K | $2.6M | 2.55% |
| XAGG Eaton Vance Income Opportunities ETF | 2026-06-30 | 1 | $70K | $323K | 0.03% |
| NFLT Virtus Newfleet Multi-Sector Bond ETF | 2026-07-31 | 1 | $51K | $199K | 0.04% |
| CGHY Capital Group High Yield Bond ETF | 2026-06-30 | 1 | $36K | $166K | 0.15% |
| HFSI Hartford Strategic Income ETF | 2026-07-31 | 1 | $30K | $117K | 0.01% |
| OBND State Street(R) Loomis Sayles Opportunistic Bond ETF | 2026-06-30 | 1 | $12K | $55K | 0.10% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 3.60: safer than 32% of companies (30th percentile in Technology). Market-implied, prices to 2026-10-16, balance sheet 2026-06-27.
| Equity value | $75.68B |
| Debt barrier (short-term + ½ long-term debt) | $1.62B |
| Equity volatility (1 year) | 97.8% |
| Asset value / asset volatility (solved) | $77.23B / 95.9% |
| 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 = 13.01 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in LITE'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 | 176 | $934.3M | 1 | $97K | 5 | $11.1M | 2 |
| 2026-06-30 | 1,304 | $67.94B | 48 | $9.76B | 49 | $10.28B | 39 |
| 2026-03-31 | 1,070 | $45.39B | 41 | $5.99B | 40 | $7.05B | 50 |
| 2025-12-31 | 741 | $28.30B | 27 | $1.63B | 30 | $2.28B | 58 |
| 2025-09-30 | 575 | $12.76B | 27 | $653.5M | 34 | $1.01B | 69 |
| 2025-06-30 | 474 | $7.90B | 19 | $179.1M | 25 | $295.4M | 80 |
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.