Live Nation Entertainment, Inc. bonds LYV
Who owns Live Nation Entertainment, 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. LYV 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 |
|---|---|---|---|---|---|---|---|---|---|
| 538034AV1 | 6.5% fixed | 2027-05-15 | USD | 100.05 | 6.41% | 246 bp | 16 | $110.8M | Jul 2026 |
| 538034AR0 | 4.75% fixed | 2027-10-15 | USD | 99.51 | 5.17% | 108 bp | 32 | $113.5M | Jul 2026 |
| 538034AX7 | 3.75% fixed | 2028-01-15 | USD | 97.93 | 5.24% | 112 bp | 27 | $32.3M | Jul 2026 |
| 538034BA6 convertible | 3.125% fixed | 2029-01-15 | USD | 170.32 | — | — | 12 | $111.7M | Jul 2026 |
| 538034BC2 convertible | 2.875% fixed | 2030-01-15 | USD | 115.73 | — | — | 27 | $251.4M | Jul 2026 |
| 538034BD0 convertible | 2.875% fixed | 2031-10-15 | USD | 108.01 | — | — | 20 | $136.6M | 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 | 6 | $756.3M | 104.03 | 5.21% | 110 bp | 32 |
| Jun 2026 | 6 | $477.4M | 105.15 | 4.97% | 98 bp | 42 |
| May 2026 | 6 | $407.6M | 103.07 | 5.01% | 112 bp | 30 |
| Apr 2026 | 6 | $700.0M | 101.92 | 4.96% | 122 bp | 36 |
| Mar 2026 | 6 | $426.6M | 100.80 | 5.17% | 147 bp | 47 |
| Feb 2026 | 6 | $410.7M | 102.62 | 4.78% | 131 bp | 33 |
| Jan 2026 | 6 | $624.3M | 100.22 | 4.76% | 122 bp | 41 |
| Dec 2025 | 6 | $422.4M | 100.59 | 4.60% | 110 bp | 54 |
| Nov 2025 | 6 | $386.2M | 100.41 | 4.85% | 128 bp | 32 |
| Oct 2025 | 7 | $609.9M | 100.05 | 4.91% | 138 bp | 39 |
| Sep 2025 | 6 | $458.4M | 100.53 | 5.08% | 152 bp | 53 |
| Aug 2025 | 6 | $398.6M | 100.56 | 5.17% | 148 bp | 32 |
| Jul 2025 | 6 | $595.4M | 100.57 | 5.48% | 161 bp | 39 |
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. 55 added, 51 cut, 13 new holders and 13 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| iShares Convertible Bond ETF iShares Trust | 2026-07-31 | $74.5M | $95.4M | $14.0M |
| Income Fund of America | 2026-07-31 | $79.3M | $84.0M | $0 |
| State Street(R) SPDR(R) Bloomberg Convertible Securities ETF SPDR SERIES TRUST | 2026-06-30 | $52.3M | $69.5M | $7.7M |
| JPMorgan High Yield Fund JPMorgan Trust II | 2026-05-31 | $51.9M | $51.8M | -$2.0M |
| Virtus Income & Growth Fund Virtus Investment Trust | 2026-06-30 | $43.2M | $50.9M | $10.9M |
| Virtus Convertible Fund Virtus Strategy Trust | 2026-06-30 | $41.7M | $49.1M | $11.1M |
| Calamos Market Neutral Income Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $36.0M | $48.7M | $0 |
| NYLIM MacKay High Yield Corporate Bond Fund NYLIM FUNDS | 2026-07-31 | $48.3M | $48.3M | $0 |
| Franklin Convertible Securities Fund Franklin Investors Securities Trust | 2026-07-31 | $43.6M | $48.2M | $0 |
| Columbia Convertible Securities Fund COLUMBIA FUNDS SERIES TRUST | 2026-05-31 | $38.0M | $43.5M | $5.0M |
| JPMorgan Income Fund JPMorgan Trust I | 2026-05-31 | $33.5M | $33.4M | $690K |
| NYLIM MacKay Short Duration High Income Fund NYLIM FUNDS TRUST | 2026-07-31 | $33.4M | $33.3M | $0 |
| Lord Abbett Short Duration Income Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $31.8M | $31.9M | $10.3M |
| ClearBridge Select Fund Legg Mason Partners Investment Trust | 2026-07-31 | $18.4M | $31.3M | $0 |
| Fidelity Convertible Securities Fund Fidelity Financial Trust | 2026-05-31 | $23.4M | $29.7M | $0 |
| BrandywineGLOBAL - HIGH YIELD FUND Legg Mason Partners Investment Trust | 2026-06-30 | $25.4M | $25.4M | -$7.0M |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $25.6M | $25.3M | -$15.7M |
| iShares iBoxx $ High Yield Corporate Bond ETF iShares Trust | 2026-05-31 | $25.1M | $24.9M | -$12.1M |
| Invesco BulletShares 2027 High Yield Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $24.5M | $24.5M | $4.1M |
| American High Income Trust | 2026-06-30 | $22.2M | $22.0M | $0 |
| Allspring Short-Term High Income Fund ALLSPRING FUNDS TRUST | 2026-05-31 | $21.6M | $21.6M | $0 |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $21.3M | $21.2M | -$5K |
| JPMorgan Income Builder Fund JPMorgan Trust I | 2026-07-31 | $21.1M | $21.0M | $159K |
| CALAMOS CONVERTIBLE & HIGH INCOME FUND | 2026-07-31 | $17.5M | $20.2M | $0 |
| CALAMOS CONVERTIBLE OPPORTUNITIES & INCOME FUND | 2026-07-31 | $16.5M | $19.1M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): High Yield Fund ($3.2M), PIMCO Credit Opportunities Bond Fund ($2.4M), Defensive Market Strategies Fund ($2.1M), State Street(R) SPDR(R) Bloomberg High Yield Bond ETF ($1.2M), Harbor Ares Systematic High Yield ETF ($796K), High Yield Trust ($392K), iShares ESG Advanced Universal USD Bond ETF ($194K), THRIVENT MODERATE ALLOCATION PORTFOLIO ($179K), BlackRock Global Allocation Fund, Inc. ($172K), Multi-Manager Alternative Strategies Fund ($89K).
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 | 3 | $74.5M | $95.4M | 1.33% |
| CWB State Street(R) SPDR(R) Bloomberg Convertible Securities ETF | 2026-06-30 | 3 | $52.3M | $69.5M | 1.12% |
| USHY iShares Broad USD High Yield Corporate Bond ETF | 2026-07-31 | 2 | $25.6M | $25.3M | 0.09% |
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | 2026-05-31 | 3 | $25.1M | $24.9M | 0.15% |
| BSJR Invesco BulletShares 2027 High Yield Corporate Bond ETF | 2026-05-31 | 2 | $24.5M | $24.5M | 2.88% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 3 | $21.3M | $21.2M | 0.28% |
| JPHY JPMorgan Active High Yield ETF | 2026-05-31 | 1 | $18.2M | $18.2M | 0.82% |
| IBHG iShares iBonds 2027 Term High Yield and Income ETF | 2026-07-31 | 2 | $15.0M | $15.0M | 2.96% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 3 | $14.4M | $14.3M | 0.29% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 2 | $12.1M | $12.0M | 0.11% |
| JPIE JPMorgan Income ETF | 2026-05-31 | 3 | $10.5M | $10.5M | 0.11% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 3 | $4.9M | $4.9M | 0.19% |
| JCPB JPMorgan Core Plus Bond ETF | 2026-05-31 | 2 | $4.6M | $4.6M | 0.04% |
| HYLB Xtrackers USD High Yield Corporate Bond ETF | 2026-05-29 | 2 | $4.6M | $4.6M | 0.13% |
| FDHY Fidelity Enhanced High Yield ETF | 2026-05-31 | 1 | $4.1M | $4.1M | 0.79% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 7.49: safer than 69% of companies (66th percentile in Communication Services). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $39.82B |
| Debt barrier (short-term + ½ long-term debt) | $6.08B |
| Equity volatility (1 year) | 30.9% |
| Asset value / asset volatility (solved) | $45.65B / 27.0% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 110 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'' = -0.50 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in LYV'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 | 99 | $357.5M | 1 | $36.1M | 0 | — | 2 |
| 2026-06-30 | 840 | $34.73B | 33 | $1.10B | 32 | $1.41B | 75 |
| 2026-03-31 | 799 | $25.39B | 40 | $972.0M | 34 | $1.05B | 76 |
| 2025-12-31 | 765 | $26.44B | 32 | $935.7M | 31 | $975.2M | 83 |
| 2025-09-30 | 795 | $30.65B | 36 | $1.01B | 34 | $1.05B | 70 |
| 2025-06-30 | 760 | $27.66B | 36 | $459.5M | 30 | $652.2M | 72 |
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.