Lockheed Martin Corporation bonds LMT
Who owns Lockheed Martin 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. LMT 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 |
|---|---|---|---|---|---|---|---|---|---|
| 539830BV0 | 5.1% fixed | 2027-11-15 | USD | 100.98 | 4.31% | 21 bp | 6 | $8.2M | Jul 2026 |
| 539830BZ1 | 4.45% fixed | 2028-05-15 | USD | 99.96 | 4.47% | 28 bp | 7 | $6.5M | Jul 2026 |
| 539830CK3 | 4.15% fixed | 2028-08-15 | USD | 99.34 | 4.49% | 27 bp | 16 | $26.7M | Jul 2026 |
| 539830CC1 | 4.5% fixed | 2029-02-15 | USD | 99.69 | 4.63% | 39 bp | 11 | $44.0M | Jul 2026 |
| 539830AK5 | 8.5% fixed | 2029-12-01 | USD | 111.47 | 4.74% | 47 bp | 1 | $2.8M | Jul 2026 |
| 539830BP3 | 1.85% fixed | 2030-06-15 | USD | 89.67 | 4.80% | 51 bp | 4 | $4.3M | Jul 2026 |
| 539830CL1 | 4.4% fixed | 2030-08-15 | USD | 98.89 | 4.70% | 41 bp | 16 | $36.7M | Jul 2026 |
| 539830CG2 | 4.7% fixed | 2031-12-15 | USD | 99.47 | 4.81% | 46 bp | 4 | $4.5M | Jul 2026 |
| 539830BR9 | 3.9% fixed | 2032-06-15 | USD | 95.41 | 4.81% | 42 bp | 4 | $6.0M | Jul 2026 |
| 539830BW8 | 5.25% fixed | 2033-01-15 | USD | 101.91 | 4.90% | 48 bp | 8 | $6.0M | Jul 2026 |
| 539830CA5 | 4.75% fixed | 2034-02-15 | USD | 97.70 | 5.12% | 64 bp | 12 | $6.2M | Jul 2026 |
| 539830CD9 | 4.8% fixed | 2034-08-15 | USD | 97.85 | 5.13% | 62 bp | 7 | $3.5M | Jul 2026 |
| 539830BC2 | 3.6% fixed | 2035-03-01 | USD | 89.80 | 5.08% | 55 bp | 5 | $1.6M | Jul 2026 |
| 539830CM9 | 5% fixed | 2035-08-15 | USD | 98.64 | 5.19% | 64 bp | 12 | $19.2M | Jul 2026 |
| 539830BK4 | 4.5% fixed | 2036-05-15 | USD | 94.50 | 5.22% | 63 bp | 6 | $1.3M | Jul 2026 |
| 539830AR0 | 6.15% fixed | 2036-09-01 | USD | 106.59 | 5.30% | 69 bp | 7 | $3.2M | Jul 2026 |
| 539830AW9 | 5.72% fixed | 2040-06-01 | USD | 101.99 | 5.51% | 72 bp | 2 | $918K | Jul 2026 |
| 539830AZ2 | 4.85% fixed | 2041-09-15 | USD | 90.85 | 5.76% | 90 bp | 1 | $1.3M | Jul 2026 |
| 539830BB4 | 4.07% fixed | 2042-12-15 | USD | 81.51 | 5.84% | 91 bp | 9 | $5.1M | Jul 2026 |
| 539830BD0 | 3.8% fixed | 2045-03-01 | USD | 76.22 | 5.93% | 89 bp | 7 | $9.3M | Jul 2026 |
| 539830BL2 | 4.7% fixed | 2046-05-15 | USD | 85.52 | 5.95% | 86 bp | 5 | $2.8M | Jul 2026 |
| 539830BQ1 | 2.8% fixed | 2050-06-15 | USD | 59.77 | 5.99% | 88 bp | 6 | $22.7M | Jul 2026 |
| 539830BN8 | 4.09% fixed | 2052-09-15 | USD | 74.93 | 6.00% | 90 bp | 8 | $21.0M | Jul 2026 |
| 539830BS7 | 4.15% fixed | 2053-06-15 | USD | 75.50 | 6.00% | 89 bp | 6 | $21.6M | Jul 2026 |
| 539830BX6 | 5.7% fixed | 2054-11-15 | USD | 96.00 | 5.99% | 89 bp | 7 | $8.7M | Jul 2026 |
| 539830CB3 | 5.2% fixed | 2055-02-15 | USD | 89.47 | 5.97% | 87 bp | 7 | $5.5M | Jul 2026 |
| 539830BT5 | 4.3% fixed | 2062-06-15 | USD | 74.06 | 6.09% | 99 bp | 5 | $5.0M | Jul 2026 |
| 539830BY4 | 5.9% fixed | 2063-11-15 | USD | 97.66 | 6.06% | 96 bp | 6 | $2.4M | Jul 2026 |
| 539830CE7 | 5.2% fixed | 2064-02-15 | USD | 87.06 | 6.08% | 98 bp | 10 | $9.6M | 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 | 29 | $296.4M | 96.00 | 5.16% | 63 bp | 16 |
| Jun 2026 | 29 | $1.14B | 99.33 | 4.91% | 50 bp | 32 |
| May 2026 | 27 | $910.2M | 99.68 | 4.85% | 46 bp | 24 |
| Apr 2026 | 28 | $303.8M | 98.08 | 4.90% | 63 bp | 17 |
| Mar 2026 | 29 | $1.14B | 99.91 | 4.85% | 65 bp | 33 |
| Feb 2026 | 27 | $935.9M | 101.00 | 4.50% | 42 bp | 24 |
| Jan 2026 | 28 | $361.8M | 99.48 | 4.72% | 53 bp | 18 |
| Dec 2025 | 29 | $1.15B | 99.99 | 4.75% | 58 bp | 31 |
| Nov 2025 | 28 | $935.0M | 100.31 | 4.59% | 55 bp | 24 |
| Oct 2025 | 29 | $383.9M | 99.88 | 4.71% | 64 bp | 16 |
| Sep 2025 | 30 | $1.19B | 99.90 | 4.77% | 63 bp | 32 |
| Aug 2025 | 29 | $947.4M | 99.83 | 4.85% | 63 bp | 23 |
| Jul 2025 | 30 | $469.5M | 99.15 | 5.00% | 60 bp | 16 |
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. 61 added, 61 cut, 8 new holders and 25 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $285.4M | $266.5M | $6.6M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $272.5M | $260.1M | $8.1M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $215.1M | $216.0M | $34.2M |
| iShares iBoxx $ Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $111.8M | $100.3M | -$24.7M |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $97.1M | $89.3M | -$3.7M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $84.7M | $85.2M | $26.7M |
| VANGUARD LONG-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $99.3M | $71.2M | $0 |
| PIMCO Long Duration Credit Bond Portfolio PIMCO FUNDS | 2026-06-30 | $73.9M | $67.9M | $0 |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $68.1M | $67.6M | $0 |
| VANGUARD INSTITUTIONAL INTERMEDIATE-TERM BOND FUND VANGUARD MALVERN FUNDS | 2026-06-30 | $66.9M | $66.0M | $0 |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $49.3M | $49.2M | $2.0M |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $45.6M | $43.0M | $0 |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $39.1M | $39.0M | $636K |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $41.5M | $38.4M | -$15K |
| VANGUARD LONG-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $41.8M | $36.3M | $1.7M |
| Bond Fund of America | 2026-06-30 | $35.0M | $35.8M | $0 |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $33.0M | $32.6M | $588K |
| BlackRock Systematic Multi-Strategy Fund BlackRock Funds IV | 2026-06-30 | $31.7M | $31.4M | -$250K |
| VANGUARD WELLINGTON FUND | 2026-05-31 | $31.6M | $30.3M | -$14.5M |
| Schwab 5-10 Year Corporate Bond ETF SCHWAB STRATEGIC TRUST | 2026-06-30 | $30.1M | $29.9M | $5.6M |
| iShares Core Universal USD Bond ETF iShares Trust | 2026-07-31 | $28.0M | $25.2M | $3.7M |
| State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $22.7M | $22.7M | $5.1M |
| Columbia Variable Portfolio - Select Corporate Income Fund Columbia Funds Variable Series Trust II | 2026-06-30 | $26.2M | $22.3M | $0 |
| VANGUARD WELLESLEY INCOME FUND | 2026-06-30 | $24.4M | $21.7M | -$3.6M |
| Fidelity Series Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $21.0M | $19.6M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): VANGUARD CORE BOND FUND ($16.7M), Bond Fund ($15.3M), Investment Grade Bond Fund ($3.1M), Fidelity SAI Enhanced Core Bond Fund ($2.5M), PIMCO Long-Term Credit Bond Fund ($1.8M), Select Bond Trust ($1.8M), Bridge Builder Core Plus Bond Fund ($1.5M), John Hancock Core Bond ETF ($1.4M), AST J.P. Morgan Fixed Income Central Portfolio ($1.4M), JNL/PIMCO Investment Grade Credit Bond Fund ($900K).
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 |
|---|---|---|---|---|---|
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 25 | $285.4M | $266.5M | 0.07% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 7 | $215.1M | $216.0M | 0.31% |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 2026-05-31 | 15 | $111.8M | $100.3M | 0.34% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 27 | $97.1M | $89.3M | 0.07% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 5 | $84.7M | $85.2M | 0.17% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 6 | $49.3M | $49.2M | 0.09% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 8 | $39.1M | $39.0M | 0.21% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 27 | $41.5M | $38.4M | 0.22% |
| VCLT VANGUARD LONG-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 12 | $41.8M | $36.3M | 0.39% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 6 | $33.0M | $32.6M | 0.05% |
| SCHI Schwab 5-10 Year Corporate Bond ETF | 2026-06-30 | 8 | $30.1M | $29.9M | 0.26% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 27 | $28.0M | $25.2M | 0.06% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 4 | $22.7M | $22.7M | 0.21% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 6 | $19.7M | $19.5M | 0.09% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 11 | $19.7M | $19.5M | 0.17% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 9.82: safer than 81% of companies (82th percentile in Industrials). Market-implied, prices to 2026-10-16, balance sheet 2026-06-28.
| Equity value | $126.85B |
| Debt barrier (short-term + ½ long-term debt) | $10.27B |
| Equity volatility (1 year) | 28.5% |
| Asset value / asset volatility (solved) | $136.69B / 26.4% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 63 bp spread prices in about 1.1% 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 = 3.55 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in LMT'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 | 525 | $1.29B | 0 | — | 1 | $6.7M | 0 |
| 2026-06-30 | 2,774 | $86.62B | 37 | $1.87B | 43 | $2.21B | 2 |
| 2026-03-31 | 2,914 | $88.74B | 40 | $2.04B | 37 | $2.23B | 1 |
| 2025-12-31 | 2,711 | $80.86B | 41 | $1.48B | 41 | $2.54B | 1 |
| 2025-09-30 | 2,570 | $83.56B | 46 | $1.78B | 50 | $2.89B | 1 |
| 2025-06-30 | 2,597 | $79.11B | 46 | $1.57B | 47 | $2.15B | 2 |
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.