Manulife Financial Corporation bonds MFC
Who owns Manulife Financial 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. MFC 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 |
|---|---|---|---|---|---|---|---|---|---|
| 56501RAK2 | 2.48% fixed | 2027-05-19 | USD | 98.52 | 4.38% | 41 bp | 4 | $4.2M | Jul 2026 |
| 56501RAE6 | 4.06% fixed | 2032-02-24 | USD | 99.37 | 4.19% | -18 bp | 2 | $175K | Jul 2026 |
| 56501RAN6 | 3.703% fixed | 2032-03-16 | USD | 93.94 | 4.95% | 58 bp | 7 | $7.4M | Jul 2026 |
| 56501RAQ9 | 5.409% variable | 2033-03-10 | CAD | 102.89 | — | — | 3 | $19.9M | Jul 2026 |
| 56501RAS5 | 5.054% fixed | 2034-02-23 | CAD | 103.04 | 4.57% | — | 2 | $368K | Jul 2026 |
| 56501RAT3 | 4.064% variable | 2034-12-06 | CAD | 100.29 | — | — | 3 | $9.8M | Jul 2026 |
| 56501RAJ5 | 2.818% variable | 2035-05-13 | CAD | 96.09 | — | — | 3 | $21.6M | Jul 2026 |
| 56501RAU0 | 3.98% fixed | 2035-05-23 | CAD | 99.78 | 4.01% | — | 2 | $178K | Jul 2026 |
| 56501RAX4 | 4.986% fixed | 2035-12-11 | USD | 96.39 | 5.48% | 91 bp | 15 | $22.3M | Jul 2026 |
| 56501RAD8 | 5.38% fixed | 2046-03-04 | USD | 92.66 | 6.02% | 93 bp | 5 | $1.9M | 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 | 10 | $87.8M | 98.95 | 5.22% | 75 bp | 15 |
| Jun 2026 | 9 | $152.2M | 99.38 | 4.97% | 59 bp | 28 |
| May 2026 | 5 | $150.7M | 98.45 | 4.94% | 56 bp | 20 |
| Apr 2026 | 10 | $96.5M | 75.55 | 4.66% | 64 bp | 17 |
| Mar 2026 | 9 | $175.5M | 99.24 | 4.73% | 78 bp | 32 |
| Feb 2026 | 6 | $186.9M | 99.70 | 4.35% | 56 bp | 20 |
| Jan 2026 | 11 | $92.4M | 95.74 | 4.51% | 61 bp | 15 |
| Dec 2025 | 9 | $192.8M | 99.87 | 4.47% | 65 bp | 26 |
| Nov 2025 | 5 | $130.1M | 99.55 | 4.26% | 48 bp | 17 |
| Oct 2025 | 10 | $62.1M | 74.65 | 4.31% | 59 bp | 9 |
| Sep 2025 | 6 | $142.6M | 99.58 | 4.32% | 57 bp | 25 |
| Aug 2025 | 5 | $116.0M | 97.94 | 4.38% | 47 bp | 17 |
| Jul 2025 | 10 | $54.9M | 74.48 | 4.54% | 52 bp | 9 |
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. 27 added, 27 cut, 4 new holders and 20 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $52.6M | $51.1M | -$974K |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $46.4M | $45.5M | -$6.0M |
| VANGUARD TOTAL INTERNATIONAL BOND II INDEX FUND VANGUARD CHARLOTTE FUNDS | 2026-07-31 | $49.4M | $35.2M | $0 |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $35.2M | $34.0M | $1.2M |
| iShares iBoxx $ Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $20.8M | $20.1M | $2.9M |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $16.1M | $15.6M | $304K |
| VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND VANGUARD CHARLOTTE FUNDS | 2026-07-31 | $21.8M | $15.3M | $0 |
| VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $15.0M | $14.5M | $0 |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $13.4M | $13.0M | -$3.9M |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $11.6M | $11.3M | $781K |
| Schwab 5-10 Year Corporate Bond ETF SCHWAB STRATEGIC TRUST | 2026-06-30 | $9.1M | $8.9M | $675K |
| Fidelity SAI Enhanced Core Bond Fund Fidelity Salem Street Trust | 2026-05-31 | $7.0M | $7.0M | $0 |
| PIMCO Total Return ESG Fund PIMCO FUNDS | 2026-06-30 | $7.0M | $6.7M | $0 |
| VANGUARD LONG-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $6.5M | $6.3M | $4.7M |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $6.0M | $5.9M | -$9.7M |
| Invesco BulletShares 2027 Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $5.1M | $5.0M | $86K |
| Victory Pioneer Strategic Income Fund Victory Portfolios IV | 2026-06-30 | $5.1M | $5.0M | $0 |
| Touchstone ETF Trust-Touchstone Ultra Short Income ETF Touchstone ETF Trust | 2026-06-30 | $5.0M | $4.9M | new |
| Guggenheim Total Return Bond Fund Guggenheim Funds Trust | 2026-06-30 | $4.8M | $4.8M | $0 |
| Victory Pioneer Bond Fund Victory Portfolios IV | 2026-06-30 | $4.8M | $4.7M | $0 |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $4.7M | $4.5M | -$860K |
| iShares ESG Aware USD Corporate Bond ETF iShares Trust | 2026-05-31 | $4.2M | $4.2M | $65K |
| iShares ESG Aware U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $4.3M | $4.1M | $860K |
| EQ/Intermediate Corporate Bond Portfolio EQ Advisors Trust | 2026-06-30 | $3.9M | $3.8M | $0 |
| iShares iBonds Dec 2032 Term Corporate ETF iShares Trust | 2026-07-31 | $4.1M | $3.8M | $80K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Baird Core Plus Bond Fund ($15.2M), Invesco BulletShares 2026 Corporate Bond ETF ($10.4M), iShares ESG Aware 1-5 Year USD Corporate Bond ETF ($4.6M), VANGUARD LONG-TERM INVESTMENT-GRADE FUND ($4.0M), State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF ($3.9M), VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND ($2.5M), Western Asset Corporate Bond Fund ($2.2M), Western Asset Long Credit VIT ($1.1M), VANGUARD GLOBAL CREDIT BOND FUND ($1.0M), Western Asset Investment Grade Income Fund Inc. ($490K).
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 |
|---|---|---|---|---|---|
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 2 | $52.6M | $51.1M | 0.07% |
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 3 | $35.2M | $34.0M | 0.01% |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 2026-05-31 | 3 | $20.8M | $20.1M | 0.07% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 2 | $16.1M | $15.6M | 0.03% |
| BNDX VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND | 2026-07-31 | 3 | $21.8M | $15.3M | 0.01% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 4 | $13.4M | $13.0M | 0.01% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $11.6M | $11.3M | 0.06% |
| SCHI Schwab 5-10 Year Corporate Bond ETF | 2026-06-30 | 2 | $9.1M | $8.9M | 0.08% |
| VCLT VANGUARD LONG-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $6.5M | $6.3M | 0.07% |
| BSCR Invesco BulletShares 2027 Corporate Bond ETF | 2026-05-31 | 1 | $5.1M | $5.0M | 0.11% |
| TUSI Touchstone ETF Trust-Touchstone Ultra Short Income ETF | 2026-06-30 | 1 | $5.0M | $4.9M | 0.86% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 4 | $4.7M | $4.5M | 0.03% |
| SUSC iShares ESG Aware USD Corporate Bond ETF | 2026-05-31 | 4 | $4.2M | $4.2M | 0.29% |
| EAGG iShares ESG Aware U.S. Aggregate Bond ETF | 2026-05-31 | 3 | $4.3M | $4.1M | 0.09% |
| IBDX iShares iBonds Dec 2032 Term Corporate ETF | 2026-07-31 | 1 | $4.1M | $3.8M | 0.22% |
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 75 bp spread prices in about 1.2% 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 MFC'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 | 105 | $1.10B | 0 | — | 0 | — | 0 |
| 2026-06-30 | 804 | $30.90B | 16 | $480.6M | 18 | $206.8M | 0 |
| 2026-03-31 | 752 | $23.08B | 17 | $416.4M | 18 | $116.4M | 0 |
| 2025-12-31 | 754 | $28.70B | 12 | $692.3M | 15 | $127.7M | 0 |
| 2025-09-30 | 698 | $24.71B | 13 | $515.9M | 16 | $137.1M | 0 |
| 2025-06-30 | 729 | $26.59B | 16 | $382.5M | 17 | $129.8M | 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.