Mineral Resources Limited bonds MIN.AX
Who owns Mineral Resources Limited'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. MIN.AX 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 |
|---|---|---|---|---|---|---|---|---|---|
| 603051AC7 | 8% fixed | 2027-11-01 | USD | 102.00 | 6.58% | 284 bp | 2 | $6.6M | Apr 2026 |
| ZH1388425 | 9.25% fixed | 2028-10-01 | USD | 102.85 | 7.78% | 356 bp | 2 | $411K | Jul 2026 |
| 603051AE3 | 9.25% fixed | 2028-10-01 | USD | 102.87 | 7.78% | 355 bp | 53 | $132.7M | Jul 2026 |
| BW1328580 | 8.5% fixed | 2030-05-01 | USD | 103.11 | 7.53% | 324 bp | 1 | $301K | Jul 2026 |
| 603051AD5 | 8.5% fixed | 2030-05-01 | USD | 103.13 | 7.52% | 324 bp | 29 | $93.4M | Jul 2026 |
| YK3254819 | 7% fixed | 2031-04-01 | USD | 102.91 | 6.27% | 195 bp | 1 | $349K | Jul 2026 |
| 603051AF0 | 7% fixed | 2031-04-01 | USD | 102.88 | 6.28% | 196 bp | 54 | $115.0M | Jul 2026 |
| DJ0613385 | 6% fixed | 2032-05-01 | USD | 98.16 | 6.38% | 200 bp | 1 | $294K | Jul 2026 |
| 603051AG8 | 6% fixed | 2032-05-01 | USD | 98.07 | 6.40% | 202 bp | 55 | $60.2M | Jul 2026 |
| DJ0613450 | 6.25% fixed | 2034-05-01 | USD | 97.47 | 6.67% | 218 bp | 1 | $302K | Jul 2026 |
| 603051AH6 | 6.25% fixed | 2034-05-01 | USD | 97.37 | 6.69% | 219 bp | 52 | $63.7M | 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 |
|---|---|---|---|---|---|---|
| Jul 2026 | 10 | $466.6M | 102.86 | 6.68% | 218 bp | 55 |
| Jun 2026 | 5 | $587.8M | 103.27 | 6.51% | 214 bp | 100 |
| May 2026 | 5 | $272.2M | 103.24 | 6.35% | 198 bp | 47 |
| Apr 2026 | 9 | $470.7M | 103.09 | 6.58% | 284 bp | 59 |
| Mar 2026 | 4 | $555.7M | 102.51 | 7.35% | 363 bp | 82 |
| Feb 2026 | 4 | $225.5M | 104.07 | 6.91% | 343 bp | 43 |
| Jan 2026 | 8 | $489.9M | 104.41 | 6.84% | 328 bp | 64 |
| Dec 2025 | 4 | $564.3M | 104.16 | 6.94% | 342 bp | 94 |
| Nov 2025 | 4 | $228.6M | 103.89 | 7.04% | 348 bp | 41 |
| Oct 2025 | 7 | $477.5M | 104.25 | 7.33% | 373 bp | 64 |
| Sep 2025 | 5 | $689.3M | 101.96 | 7.42% | 380 bp | 96 |
| Aug 2025 | 4 | $216.7M | 102.80 | 7.55% | 383 bp | 35 |
| Jul 2025 | 8 | $505.5M | 102.07 | 7.74% | 384 bp | 63 |
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. 108 added, 101 cut, 50 new holders and 11 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| American High Income Trust | 2026-06-30 | $99.2M | $100.6M | -$23.1M |
| NYLIM MacKay High Yield Corporate Bond Fund NYLIM FUNDS | 2026-07-31 | $89.5M | $91.2M | -$3.5M |
| PGIM High Yield Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $77.9M | $79.6M | $23.6M |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $62.1M | $62.8M | $20.6M |
| Fidelity Capital and Income Fund Fidelity Summer Street Trust | 2026-07-31 | $54.7M | $55.6M | -$50K |
| iShares iBoxx $ High Yield Corporate Bond ETF iShares Trust | 2026-05-31 | $42.8M | $43.7M | -$928K |
| Baird Core Plus Bond Fund Baird Funds Inc | 2026-06-30 | $36.7M | $37.1M | $4.1M |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $30.2M | $30.6M | $3.0M |
| Income Fund of America | 2026-07-31 | $28.0M | $28.9M | $0 |
| NYLIM VP MacKay High Yield Corporate Bond Portfolio NYLIM VP FUNDS TRUST | 2026-06-30 | $27.8M | $28.4M | $4.1M |
| NYLIM MacKay Short Duration High Income Fund NYLIM FUNDS TRUST | 2026-07-31 | $27.6M | $28.4M | -$3.0M |
| LORD ABBETT BOND DEBENTURE FUND INC | 2026-06-30 | $28.4M | $28.0M | new |
| State Street(R) SPDR(R) Bloomberg High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $25.9M | $26.3M | $2.9M |
| Franklin Income Fund Franklin Custodian Funds | 2026-06-30 | $25.0M | $25.8M | -$20.0M |
| Fidelity Advisor Strategic Income Fund Fidelity Advisor Series II | 2026-06-30 | $25.0M | $25.6M | -$1.8M |
| PIMCO High Yield Fund PIMCO FUNDS | 2026-06-30 | $24.9M | $24.9M | $17.7M |
| PGIM Total Return Bond Fund Prudential Investment Portfolios, Inc. 17 | 2026-07-31 | $21.7M | $21.8M | $0 |
| PGIM Short Duration High Yield Income Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $20.4M | $21.1M | $766K |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $17.0M | $17.5M | $2.1M |
| BlackRock High Yield Portfolio BlackRock Funds V | 2026-06-30 | $17.6M | $17.3M | new |
| T. Rowe Price High Yield Fund, Inc. T. ROWE PRICE HIGH YIELD FUND, INC. | 2026-05-31 | $15.9M | $16.1M | $9.9M |
| JNL/PPM America High Yield Bond Fund JNL Series Trust | 2026-06-30 | $14.3M | $14.3M | $5.3M |
| Goldman Sachs High Yield Fund GOLDMAN SACHS TRUST | 2026-06-30 | $12.5M | $12.8M | $7.1M |
| State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $12.3M | $12.7M | -$4.0M |
| Multi-Manager High Yield Bond Fund Goldman Sachs Trust II | 2026-07-31 | $11.7M | $12.0M | $500K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Lord Abbett Short Duration High Yield Fund ($19.2M), RBC BlueBay High Yield Bond Fund ($5.7M), BlackRock Global Allocation Fund, Inc. ($1.7M), FlexShares High Yield Value - Scored Bond Index Fund ($825K), DWS Short Duration Fund ($767K), THRIVENT MODERATE ALLOCATION PORTFOLIO ($540K), iShares Systematic Bond ETF ($380K), Harbor Ares Systematic High Yield ETF ($343K), Columbia Diversified Fixed Income Allocation ETF ($205K), BATS: High Income Taxable Series ($100K).
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 | 5 | $62.1M | $62.8M | 0.22% |
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | 2026-05-31 | 5 | $42.8M | $43.7M | 0.27% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 5 | $30.2M | $30.6M | 0.27% |
| JNK State Street(R) SPDR(R) Bloomberg High Yield Bond ETF | 2026-06-30 | 5 | $25.9M | $26.3M | 0.36% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 3 | $17.0M | $17.5M | 0.23% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 3 | $12.3M | $12.7M | 0.26% |
| HYLB Xtrackers USD High Yield Corporate Bond ETF | 2026-05-29 | 5 | $10.4M | $10.6M | 0.31% |
| FLHY Franklin High Yield Corporate ETF | 2026-06-30 | 2 | $8.2M | $8.4M | 0.71% |
| CGMS Capital Group U.S. Multi-Sector Income ETF | 2026-06-30 | 2 | $6.5M | $6.8M | 0.13% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 5 | $6.5M | $6.6M | 0.28% |
| FDHY Fidelity Enhanced High Yield ETF | 2026-05-31 | 3 | $6.0M | $6.2M | 1.19% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 5 | $5.2M | $5.4M | 0.21% |
| PHYL PGIM Active High Yield Bond ETF | 2026-05-29 | 5 | $4.7M | $4.8M | 0.37% |
| SRLN State Street(R) Blackstone Senior Loan ETF | 2026-06-30 | 1 | $4.6M | $4.8M | 0.09% |
| FBND Fidelity Total Bond ETF | 2026-05-31 | 5 | $4.3M | $4.4M | 0.02% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 4.18: safer than 39% of companies (45th percentile in Basic Materials). Market-implied, prices to 2026-10-19, balance sheet 2026-06-30.
| Equity value | $8.97B |
| Debt barrier (short-term + ½ long-term debt) | $2.10B |
| Equity volatility (1 year) | 47.5% |
| Asset value / asset volatility (solved) | $10.99B / 38.8% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 218 bp spread prices in about 3.6% 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'' = 2.69 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in MIN.AX'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 |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | 0 | — | 0 | — | 0 | — | 1 |
| 2025-09-30 | 0 | — | 0 | — | 0 | — | 1 |
| 2025-06-30 | 0 | — | 0 | — | 0 | — | 1 |
| 2025-03-31 | 2 | $238K | 0 | — | 0 | — | 0 |
| 2024-12-31 | 1 | $66K | 0 | — | 0 | — | 1 |
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.