Mid-America Apartment Communities, Inc. bonds MAA
Who owns Mid-America Apartment Communities, 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. MAA 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 |
|---|---|---|---|---|---|---|---|---|---|
| 59523UAT4 | 1.1% fixed | 2026-09-15 | USD | 99.62 | 4.17% | 44 bp | 4 | $6.0M | Jul 2026 |
| 59523UAN7 | 3.6% fixed | 2027-06-01 | USD | 99.46 | 4.26% | 28 bp | 5 | $33.0M | Jul 2026 |
| 59523UAP2 | 4.2% fixed | 2028-06-15 | USD | 99.22 | 4.64% | 44 bp | 5 | $6.9M | Jul 2026 |
| 59523UAQ0 | 3.95% fixed | 2029-03-15 | USD | 98.01 | 4.77% | 52 bp | 12 | $24.8M | Jul 2026 |
| 59523UAR8 | 2.75% fixed | 2030-03-15 | USD | 93.06 | 4.86% | 58 bp | 6 | $8.2M | Jul 2026 |
| 59523UAS6 | 1.7% fixed | 2031-02-15 | USD | 86.74 | 5.00% | 69 bp | 13 | $12.8M | Jul 2026 |
| 59523UAW7 | 5.3% fixed | 2032-02-15 | USD | 101.07 | 5.07% | 71 bp | 13 | $14.9M | Jul 2026 |
| 59523UAU1 | 2.875% fixed | 2051-09-15 | USD | 60.09 | 5.96% | 85 bp | 3 | $567K | 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 | 8 | $107.2M | 98.61 | 4.93% | 63 bp | 13 |
| Jun 2026 | 8 | $117.5M | 98.84 | 4.69% | 51 bp | 23 |
| May 2026 | 8 | $164.9M | 98.88 | 4.54% | 45 bp | 18 |
| Apr 2026 | 8 | $101.9M | 98.80 | 4.56% | 67 bp | 13 |
| Mar 2026 | 8 | $151.8M | 98.71 | 4.51% | 72 bp | 23 |
| Feb 2026 | 8 | $161.1M | 99.09 | 3.98% | 41 bp | 17 |
| Jan 2026 | 8 | $94.1M | 98.90 | 4.20% | 50 bp | 12 |
| Dec 2025 | 8 | $141.4M | 98.72 | 4.17% | 58 bp | 22 |
| Nov 2025 | 8 | $173.3M | 98.65 | 4.08% | 50 bp | 17 |
| Oct 2025 | 9 | $111.0M | 99.47 | 4.18% | 57 bp | 12 |
| Sep 2025 | 9 | $149.3M | 99.24 | 4.24% | 61 bp | 21 |
| Aug 2025 | 9 | $179.8M | 99.30 | 4.22% | 47 bp | 16 |
| Jul 2025 | 9 | $108.8M | 98.41 | 4.48% | 55 bp | 12 |
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. 36 added, 30 cut, 4 new holders and 8 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 | $38.5M | $36.3M | -$11.9M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $29.2M | $30.0M | $7.1M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $28.0M | $26.5M | $795K |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $21.5M | $20.8M | $0 |
| VANGUARD ULTRA-SHORT BOND ETF VANGUARD BOND INDEX FUNDS | 2026-06-30 | $19.0M | $18.9M | $0 |
| JPMorgan Managed Income Fund JPMorgan Trust I | 2026-05-31 | $17.9M | $17.7M | $0 |
| Permanent Portfolio PERMANENT PORTFOLIO FAMILY OF FUNDS | 2026-07-31 | $17.5M | $17.4M | $0 |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $17.7M | $16.6M | $270K |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $13.1M | $12.5M | -$4.8M |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $12.2M | $11.9M | -$630K |
| VANGUARD ULTRA-SHORT-TERM BOND FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $11.1M | $11.1M | $0 |
| Federated Hermes Total Return Bond Fund Federated Hermes Total Return Series, Inc. | 2026-05-31 | $9.7M | $10.0M | $0 |
| Dimensional Core Fixed Income ETF Dimensional ETF Trust | 2026-07-31 | $9.3M | $9.4M | $4.1M |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $7.5M | $7.4M | $0 |
| JPMorgan Ultra-Short Income ETF J.P. Morgan Exchange-Traded Fund Trust | 2026-05-31 | $7.1M | $7.0M | $0 |
| Invesco BulletShares 2027 Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $6.1M | $6.1M | $103K |
| State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $6.1M | $6.1M | $136K |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $5.8M | $5.4M | -$560K |
| Dimensional Short-Duration Fixed Income ETF Dimensional ETF Trust | 2026-07-31 | $5.9M | $5.2M | $5K |
| JPMorgan Core Bond Fund JPMorgan Trust II | 2026-05-31 | $5.5M | $4.8M | $0 |
| iShares iBonds Dec 2029 Term Corporate ETF iShares Trust | 2026-07-31 | $4.4M | $4.3M | $548K |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $4.2M | $4.2M | -$11.3M |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $4.0M | $4.1M | $0 |
| iShares iBonds Dec 2027 Term Corporate ETF iShares Trust | 2026-07-31 | $4.1M | $4.1M | $20K |
| iShares iBonds Dec 2026 Term Corporate ETF iShares Trust | 2026-07-31 | $3.9M | $3.9M | $1.6M |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): VANGUARD LONG-TERM INVESTMENT-GRADE FUND ($2.4M), THRIVENT CORE INVESTMENT GRADE CORPORATE BOND FUND ($500K), Invesco Multi-Asset Income Fund ($160K), SA Fixed Income Intermediate Index Portfolio ($100K), State Street(R) My2028 Corporate Bond ETF ($75K), BNY Mellon Core Bond ETF ($40K), VANGUARD CORE-PLUS BOND INDEX ETF ($35K), Invesco Total Return Bond ETF ($16K).
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 | 5 | $38.5M | $36.3M | 0.01% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $29.2M | $30.0M | 0.04% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 5 | $28.0M | $26.5M | 0.05% |
| VUSB VANGUARD ULTRA-SHORT BOND ETF | 2026-06-30 | 2 | $19.0M | $18.9M | 0.21% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 7 | $17.7M | $16.6M | 0.01% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 4 | $13.1M | $12.5M | 0.02% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 5 | $12.2M | $11.9M | 0.05% |
| DFCF Dimensional Core Fixed Income ETF | 2026-07-31 | 1 | $9.3M | $9.4M | 0.09% |
| JPST JPMorgan Ultra-Short Income ETF | 2026-05-31 | 1 | $7.1M | $7.0M | 0.02% |
| BSCR Invesco BulletShares 2027 Corporate Bond ETF | 2026-05-31 | 1 | $6.1M | $6.1M | 0.13% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 2 | $6.1M | $6.1M | 0.06% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 7 | $5.8M | $5.4M | 0.03% |
| DFSD Dimensional Short-Duration Fixed Income ETF | 2026-07-31 | 3 | $5.9M | $5.2M | 0.07% |
| IBDU iShares iBonds Dec 2029 Term Corporate ETF | 2026-07-31 | 1 | $4.4M | $4.3M | 0.11% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 1 | $4.0M | $4.1M | 0.01% |
Default risk, three ways
Stock market: distance-to-default
Not computed: financial company (banks, insurers, BDCs and REITs carry leverage as their business, which the model misreads).
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
Not available.
The stock side: 13F filings
What institutions report holding in MAA'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 | 84 | $104.1M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 763 | $15.43B | 7 | $41.5M | 8 | $42.0M | 0 |
| 2026-03-31 | 734 | $9.99B | 9 | $36.4M | 6 | $15.4M | 0 |
| 2025-12-31 | 753 | $15.01B | 10 | $39.4M | 11 | $25.0M | 0 |
| 2025-09-30 | 727 | $14.88B | 7 | $41.0M | 9 | $34.4M | 0 |
| 2025-06-30 | 727 | $16.38B | 10 | $43.4M | 8 | $50.1M | 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.