McCormick & Company, Incorporated bonds MKC
Who owns McCormick & Company, Incorporated'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. MKC 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 |
|---|---|---|---|---|---|---|---|---|---|
| 579780AN7 | 3.4% fixed | 2027-08-15 | USD | 98.86 | 4.53% | 47 bp | 14 | $36.7M | Jul 2026 |
| 579780AV9 | 4.15% fixed | 2029-02-15 | USD | 98.53 | 4.77% | 53 bp | 28 | $66.5M | Jul 2026 |
| 579780AQ0 | 2.5% fixed | 2030-04-15 | USD | 91.82 | 4.94% | 65 bp | 8 | $6.5M | Jul 2026 |
| 579780AS6 | 1.85% fixed | 2031-02-15 | USD | 87.34 | 5.00% | 69 bp | 12 | $5.9M | Jul 2026 |
| 579780AT4 | 4.95% fixed | 2033-04-15 | USD | 98.07 | 5.29% | 85 bp | 5 | $2.6M | Jul 2026 |
| 579780AU1 | 4.7% fixed | 2034-10-15 | USD | 95.02 | 5.46% | 94 bp | 9 | $5.0M | Jul 2026 |
| 579780AP2 | 4.2% fixed | 2047-08-15 | USD | 76.16 | 6.25% | 114 bp | 2 | $834K | 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 | 7 | $124.0M | 95.02 | 5.00% | 69 bp | 28 |
| Jun 2026 | 7 | $206.2M | 96.82 | 4.73% | 53 bp | 57 |
| May 2026 | 7 | $166.6M | 96.40 | 4.75% | 62 bp | 19 |
| Apr 2026 | 7 | $130.7M | 96.19 | 4.76% | 83 bp | 29 |
| Mar 2026 | 7 | $215.9M | 95.41 | 4.87% | 103 bp | 61 |
| Feb 2026 | 7 | $168.0M | 99.53 | 4.25% | 57 bp | 19 |
| Jan 2026 | 7 | $93.9M | 98.34 | 4.58% | 69 bp | 15 |
| Dec 2025 | 7 | $158.0M | 98.54 | 4.56% | 74 bp | 21 |
| Nov 2025 | 7 | $145.0M | 99.01 | 4.49% | 70 bp | 18 |
| Oct 2025 | 8 | $69.4M | 98.60 | 4.57% | 80 bp | 14 |
| Sep 2025 | 8 | $161.9M | 98.39 | 4.56% | 76 bp | 21 |
| Aug 2025 | 8 | $140.5M | 97.76 | 4.65% | 71 bp | 18 |
| Jul 2025 | 8 | $92.5M | 97.17 | 4.80% | 70 bp | 14 |
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. 44 added, 35 cut, 4 new holders and 12 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 | $42.6M | $40.7M | $1.2M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $37.9M | $36.3M | $3.3M |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $33.8M | $33.4M | $0 |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $33.1M | $32.4M | $2.3M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $32.1M | $30.8M | -$166K |
| Capital Group Core Bond ETF Capital Group Fixed Income ETF Trust | 2026-06-30 | $21.9M | $21.7M | $7.3M |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $20.2M | $19.0M | -$565K |
| Permanent Portfolio PERMANENT PORTFOLIO FAMILY OF FUNDS | 2026-07-31 | $15.0M | $14.8M | $3.7M |
| Putnam Ultra Short Duration Income Fund Putnam Funds Trust | 2026-07-31 | $12.6M | $12.4M | $445K |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $12.7M | $12.1M | $1.6M |
| VANGUARD ULTRA-SHORT-TERM BOND FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $11.5M | $11.3M | $0 |
| PGIM Ultra Short Bond ETF PGIM ETF Trust | 2026-05-29 | $10.3M | $10.2M | $0 |
| First Trust Enhanced Short Maturity ETF First Trust Exchange-Traded Fund IV | 2026-07-31 | $10.2M | $10.1M | $0 |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $10.1M | $9.7M | -$350K |
| Franklin U.S. Core Bond ETF Franklin Templeton ETF Trust | 2026-06-30 | $9.2M | $8.7M | $0 |
| State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $8.4M | $8.1M | -$6.7M |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $8.2M | $7.9M | $1.6M |
| Invesco BulletShares 2027 Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $7.6M | $7.5M | $109K |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $7.8M | $7.4M | $855K |
| PIMCO Investment Grade Credit Bond Fund PIMCO FUNDS | 2026-06-30 | $7.4M | $7.3M | $0 |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $6.9M | $6.8M | -$2.9M |
| Intermediate Bond Fund of America | 2026-05-31 | $6.8M | $6.7M | -$250K |
| State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $6.5M | $6.4M | $268K |
| VANGUARD ULTRA-SHORT BOND ETF VANGUARD BOND INDEX FUNDS | 2026-06-30 | $5.4M | $5.4M | $0 |
| iShares iBonds Dec 2027 Term Corporate ETF iShares Trust | 2026-07-31 | $5.2M | $5.2M | -$274K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): LORD ABBETT BOND DEBENTURE FUND INC ($14.7M), Franklin Total Return Fund ($7.0M), First Trust Limited Duration Investment Grade Corporate ETF ($3.5M), Franklin Investment Grade Corporate ETF ($1.5M), Bond-Debenture Portfolio ($934K), MML Barings Short-Duration Bond Fund ($340K), Franklin Allocation VIP Fund ($300K), MML Short-Duration Bond Fund ($285K), BlackRock Bond Income Portfolio ($165K), Putnam Premier Income Trust ($130K).
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 | 6 | $42.6M | $40.7M | 0.01% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 2 | $33.1M | $32.4M | 0.05% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 3 | $32.1M | $30.8M | 0.06% |
| CGCB Capital Group Core Bond ETF | 2026-06-30 | 1 | $21.9M | $21.7M | 0.39% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 7 | $20.2M | $19.0M | 0.01% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 4 | $12.7M | $12.1M | 0.05% |
| PULS PGIM Ultra Short Bond ETF | 2026-05-29 | 1 | $10.3M | $10.2M | 0.06% |
| FTSM First Trust Enhanced Short Maturity ETF | 2026-07-31 | 1 | $10.2M | $10.1M | 0.15% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 3 | $10.1M | $9.7M | 0.01% |
| FLCB Franklin U.S. Core Bond ETF | 2026-06-30 | 2 | $9.2M | $8.7M | 0.29% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 6 | $8.4M | $8.1M | 0.07% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 2 | $8.2M | $7.9M | 0.02% |
| BSCR Invesco BulletShares 2027 Corporate Bond ETF | 2026-05-31 | 1 | $7.6M | $7.5M | 0.16% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 7 | $7.8M | $7.4M | 0.04% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $6.9M | $6.8M | 0.04% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 6.76: safer than 64% of companies (55th percentile in Consumer Defensive). Market-implied, prices to 2026-10-16, balance sheet 2026-08-31.
| Equity value | $12.35B |
| Debt barrier (short-term + ½ long-term debt) | $2.79B |
| Equity volatility (1 year) | 30.5% |
| Asset value / asset volatility (solved) | $15.03B / 25.1% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 69 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
Altman Z = 1.78 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in MKC'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 | 140 | $182.0M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 952 | $11.95B | 22 | $83.0M | 21 | $166.6M | 0 |
| 2026-03-31 | 948 | $9.36B | 18 | $89.7M | 18 | $86.8M | 0 |
| 2025-12-31 | 987 | $14.97B | 19 | $101.6M | 17 | $72.4M | 0 |
| 2025-09-30 | 971 | $14.65B | 20 | $72.3M | 19 | $89.2M | 0 |
| 2025-06-30 | 1,027 | $16.25B | 21 | $55.1M | 19 | $91.3M | 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.