Marex Group Limited bonds MRX
Who owns Marex Group 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. MRX 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 |
|---|---|---|---|---|---|---|---|---|---|
| 566539AB8 | 5.829% fixed | 2028-05-08 | USD | 100.50 | 5.53% | 134 bp | 13 | $10.6M | Jul 2026 |
| 566539AA0 | 6.404% fixed | 2029-11-04 | USD | 102.13 | 5.67% | 140 bp | 14 | $12.6M | Jul 2026 |
| 566539AD4 | 5.68% fixed | 2031-04-21 | USD | 98.87 | 5.96% | 164 bp | 10 | $15.5M | Jul 2026 |
| DL4284634 | 7.7% fixed | 2032-06-09 | USD | 99.85 | 7.73% | 334 bp | 4 | $4.3M | 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 | 4 | $42.9M | 100.17 | 5.81% | 152 bp | 14 |
| Jun 2026 | 4 | $334.0M | 100.46 | 5.62% | 144 bp | 40 |
| May 2026 | 3 | $70.0M | 101.27 | 5.38% | 132 bp | 19 |
| Apr 2026 | 3 | $34.1M | 100.95 | 5.46% | 160 bp | 13 |
| Mar 2026 | 4 | $221.6M | 104.96 | 5.47% | 170 bp | 41 |
| Feb 2026 | 2 | $62.2M | 103.34 | 4.92% | 140 bp | 17 |
| Jan 2026 | 2 | $14.7M | 103.01 | 5.06% | 144 bp | 10 |
| Dec 2025 | 4 | $217.6M | 105.73 | 5.31% | 170 bp | 40 |
| Nov 2025 | 2 | $64.1M | 102.41 | 5.31% | 172 bp | 16 |
| Oct 2025 | 2 | $12.8M | 102.00 | 5.46% | 191 bp | 9 |
| Sep 2025 | 4 | $227.8M | 105.57 | 5.53% | 192 bp | 40 |
| Aug 2025 | 2 | $67.1M | 102.21 | 5.42% | 171 bp | 17 |
| Jul 2025 | 2 | $22.4M | 101.79 | 5.57% | 169 bp | 10 |
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, 16 cut, 25 new holders and 6 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Baird Core Plus Bond Fund Baird Funds Inc | 2026-06-30 | $35.0M | $35.4M | $20.0M |
| Janus Henderson Multi-Sector Income Fund Janus Investment Fund | 2026-06-30 | $25.1M | $25.2M | $22.1M |
| Baird Short-Term Bond Fund Baird Funds Inc | 2026-06-30 | $25.0M | $25.2M | $0 |
| LORD ABBETT BOND DEBENTURE FUND INC | 2026-06-30 | $23.3M | $23.3M | new |
| Eaton Vance Total Return Bond ETF Morgan Stanley ETF Trust | 2026-06-30 | $18.5M | $18.8M | $9.8M |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $18.4M | $18.7M | $1.2M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $17.3M | $17.6M | $0 |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $14.3M | $14.5M | -$866K |
| Eaton Vance Total Return Bond Fund Eaton Vance Mutual Funds Trust | 2026-06-30 | $13.8M | $14.2M | $1.6M |
| Janus Henderson Short Duration Income ETF Janus Detroit Street Trust | 2026-07-31 | $13.9M | $13.8M | $0 |
| Calvert Bond Fund Calvert Social Investment Fund | 2026-06-30 | $12.0M | $12.2M | $2.9M |
| PIMCO Multisector Bond Active Exchange-Traded Fund PIMCO ETF Trust | 2026-06-30 | $11.8M | $11.9M | -$3.2M |
| PIMCO Investment Grade Credit Bond Fund PIMCO FUNDS | 2026-06-30 | $9.9M | $9.9M | $7.0M |
| Calvert Short Duration Income Fund Calvert Fund | 2026-06-30 | $9.7M | $9.9M | $3.6M |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $9.5M | $9.6M | $3.6M |
| Thompson Bond Fund Thompson IM Funds, Inc. | 2026-05-31 | $7.0M | $7.1M | $0 |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $6.8M | $6.9M | $0 |
| PIMCO Sector Fund Series - I PIMCO FUNDS | 2026-06-30 | $6.7M | $6.8M | $0 |
| Strategic Advisers Core Income Fund Fidelity Rutland Square Trust II | 2026-05-31 | $5.9M | $6.1M | $0 |
| Fidelity SAI Enhanced Core Bond Fund Fidelity Salem Street Trust | 2026-05-31 | $5.8M | $5.9M | $1.2M |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $5.1M | $5.2M | $2.2M |
| State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $5.1M | $5.2M | $0 |
| Eaton Vance Short Duration Income ETF Morgan Stanley ETF Trust | 2026-06-30 | $5.0M | $5.1M | $2.1M |
| NVIT Loomis Core Bond Fund Nationwide Variable Insurance Trust | 2026-06-30 | $5.0M | $5.0M | -$1.1M |
| iShares iBonds Dec 2029 Term Corporate ETF iShares Trust | 2026-07-31 | $4.9M | $5.0M | $73K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): N/A ($1.2M), N/A ($900K), Mercer Opportunistic Fixed Income Fund ($600K), N/A ($500K), N/A ($300K), N/A ($200K).
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 |
|---|---|---|---|---|---|
| EVTR Eaton Vance Total Return Bond ETF | 2026-06-30 | 2 | $18.5M | $18.8M | 0.34% |
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 2 | $18.4M | $18.7M | 0.00% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 3 | $14.3M | $14.5M | 0.03% |
| VNLA Janus Henderson Short Duration Income ETF | 2026-07-31 | 2 | $13.9M | $13.8M | 0.41% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 3 | $9.5M | $9.6M | 0.04% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 2 | $6.8M | $6.9M | 0.01% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 3 | $5.1M | $5.2M | 0.00% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 1 | $5.1M | $5.2M | 0.05% |
| IBDU iShares iBonds Dec 2029 Term Corporate ETF | 2026-07-31 | 1 | $4.9M | $5.0M | 0.12% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 3 | $4.8M | $4.9M | 0.04% |
| LDUR PIMCO Enhanced Low Duration Active Exchange-Traded Fund | 2026-06-30 | 1 | $4.4M | $4.4M | 0.32% |
| BSCT Invesco BulletShares 2029 Corporate Bond ETF | 2026-05-31 | 1 | $4.1M | $4.2M | 0.15% |
| BSCS Invesco BulletShares 2028 Corporate Bond ETF | 2026-05-31 | 1 | $4.1M | $4.1M | 0.12% |
| BOND PIMCO Active Bond Exchange-Traded Fund | 2026-06-30 | 1 | $4.0M | $4.0M | 0.05% |
| IBDT iShares iBonds Dec 2028 Term Corporate ETF | 2026-07-31 | 1 | $3.8M | $3.8M | 0.09% |
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 152 bp spread prices in about 2.5% 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 MRX'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 | 12 | $129.8M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 7 | $21.6M | 0 | — | 0 | — | 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.