Pediatrix Medical Group, Inc. bonds MD
Who owns Pediatrix Medical Group, 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. MD 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 |
|---|---|---|---|---|---|---|---|---|---|
| 58502BAE6 | 5.375% fixed | 2030-02-15 | USD | 97.81 | 6.07% | 179 bp | 27 | $37.7M | 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 |
|---|---|---|---|---|---|---|
| Aug 2026 partial: filings still arriving | 1 | $30.8M | 99.18 | 5.64% | 134 bp | 1 |
| Jul 2026 | 1 | $37.7M | 97.81 | 6.07% | 179 bp | 27 |
| Jun 2026 | 1 | $20.1M | 98.88 | 5.72% | 155 bp | 20 |
| May 2026 | 1 | $33.4M | 98.97 | 5.69% | 161 bp | 21 |
| Apr 2026 | 1 | $35.8M | 99.41 | 5.55% | 168 bp | 29 |
| Mar 2026 | 1 | $21.4M | 98.48 | 5.82% | 203 bp | 20 |
| Feb 2026 | 1 | $33.4M | 99.36 | 5.56% | 196 bp | 21 |
| Jan 2026 | 1 | $37.9M | 100.09 | 5.35% | 165 bp | 27 |
| Dec 2025 | 1 | $18.3M | 99.85 | 5.41% | 178 bp | 19 |
| Nov 2025 | 1 | $38.0M | 100.30 | 5.29% | 167 bp | 21 |
| Oct 2025 | 1 | $38.7M | 99.37 | 5.54% | 193 bp | 28 |
| Sep 2025 | 1 | $18.9M | 99.41 | 5.53% | 190 bp | 22 |
| Aug 2025 | 1 | $37.5M | 98.94 | 5.65% | 189 bp | 22 |
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. 18 added, 6 cut, 1 new holders and 4 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| American Beacon SiM High Yield Opportunities Fund AMERICAN BEACON FUNDS | 2026-05-31 | $23.6M | $23.4M | $0 |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $7.4M | $7.3M | $418K |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $7.3M | $7.2M | -$1.1M |
| Harbor Core Plus Fund HARBOR FUNDS | 2026-07-31 | $4.8M | $4.7M | $0 |
| Credit Suisse Strategic Income Fund CREDIT SUISSE OPPORTUNITY FUNDS | 2026-07-31 | $4.6M | $4.5M | $2.6M |
| Virtus Newfleet Short Duration High Income Fund Virtus Strategy Trust | 2026-06-30 | $4.2M | $4.2M | $1.1M |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $3.6M | $3.5M | $385K |
| Advent Convertible & Income Fund ADVENT CONVERTIBLE & INCOME FUND | 2026-07-31 | $3.1M | $3.0M | $0 |
| State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $2.9M | $2.9M | $902K |
| Fidelity High Income Fund Fidelity Summer Street Trust | 2026-07-31 | $2.9M | $2.9M | $0 |
| Victory High Income Fund Victory Portfolios III | 2026-07-31 | $2.4M | $2.3M | $0 |
| Fidelity Total Bond Fund Fidelity Income Fund | 2026-05-31 | $2.1M | $2.0M | $0 |
| CREDIT SUISSE HIGH YIELD CREDIT FUND | 2026-07-31 | $2.0M | $2.0M | $462K |
| ALLSPRING INCOME OPPORTUNITIES FUND | 2026-07-31 | $1.9M | $1.9M | $0 |
| Fidelity SAI High Income Fund Fidelity Summer Street Trust | 2026-07-31 | $1.8M | $1.8M | $80K |
| Timothy Plan High Yield Bond Fund TIMOTHY PLAN | 2026-06-30 | $1.8M | $1.7M | $0 |
| Schwab High Yield Bond ETF SCHWAB STRATEGIC TRUST | 2026-05-31 | $1.4M | $1.4M | $237K |
| Fidelity Total Bond ETF Fidelity Merrimack Street Trust | 2026-05-31 | $1.3M | $1.3M | $25K |
| Fidelity SAI Total Bond Fund Fidelity Salem Street Trust | 2026-05-31 | $1.1M | $1.1M | $0 |
| CREDIT SUISSE ASSET MANAGEMENT INCOME FUND, INC. | 2026-06-30 | $1.0M | $1.0M | $0 |
| Allspring High Yield Bond Fund ALLSPRING FUNDS TRUST | 2026-05-31 | $960K | $950K | $0 |
| Mercer Opportunistic Fixed Income Fund Mercer Funds | 2026-06-30 | $860K | $851K | $0 |
| Fidelity Sustainable High Yield ETF Fidelity Covington Trust | 2026-05-31 | $762K | $754K | $130K |
| ALLSPRING MULTI-SECTOR INCOME FUND | 2026-07-31 | $665K | $650K | $0 |
| Xtrackers USD High Yield BB-B ex Financials ETF DBX ETF Trust | 2026-05-31 | $649K | $642K | -$278K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Touchstone Strategic Trust-Touchstone Strategic Income Fund ($1.5M), Touchstone ETF Trust-Touchstone Strategic Income ETF ($812K), Diversified Income Fund ($650K), Voya Multi-Sector Income ETF ($350K).
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 | $7.4M | $7.3M | 0.03% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 1 | $7.3M | $7.2M | 0.06% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 1 | $3.6M | $3.5M | 0.05% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 1 | $2.9M | $2.9M | 0.06% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 1 | $1.4M | $1.4M | 0.05% |
| FBND Fidelity Total Bond ETF | 2026-05-31 | 1 | $1.3M | $1.3M | 0.01% |
| FSYD Fidelity Sustainable High Yield ETF | 2026-05-31 | 1 | $762K | $754K | 0.60% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 1 | $649K | $642K | 0.03% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 1 | $445K | $435K | 0.00% |
| XBB BondBloxx BB Rated USD High Yield Corporate Bond ETF | 2026-07-31 | 1 | $290K | $284K | 0.05% |
| IBHJ iShares iBonds 2030 Term High Yield and Income ETF | 2026-07-31 | 1 | $236K | $231K | 0.15% |
| VSHY Virtus Newfleet Short Duration High Yield Bond ETF | 2026-07-31 | 1 | $200K | $196K | 0.62% |
| HYBB iShares BB Rated Corporate Bond ETF | 2026-07-31 | 1 | $200K | $196K | 0.05% |
| BBHY JPMorgan BetaBuilders USD High Yield Corporate Bond ETF | 2026-05-31 | 1 | $177K | $175K | 0.03% |
| HYXF iShares ESG Advanced High Yield Corporate Bond ETF | 2026-07-31 | 1 | $143K | $140K | 0.07% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 5.41: safer than 53% of companies (50th percentile in Healthcare). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $2.23B |
| Debt barrier (short-term + ½ long-term debt) | $385.2M |
| Equity volatility (1 year) | 40.7% |
| Asset value / asset volatility (solved) | $2.60B / 34.9% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 179 bp spread prices in about 3.0% 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'' = 1.98 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in MD'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 | 24 | $67.7M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 291 | $2.07B | 0 | — | 1 | $276K | 0 |
| 2026-03-31 | 280 | $1.50B | 0 | — | 1 | $2K | 0 |
| 2025-12-31 | 287 | $1.73B | 0 | — | 3 | $1.4M | 0 |
| 2025-09-30 | 262 | $1.34B | 1 | $444K | 3 | $714K | 0 |
| 2025-06-30 | 257 | $1.15B | 1 | $0 | 4 | $1.2M | 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.