Motorola Solutions, Inc. bonds MSI
Who owns Motorola Solutions, 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. MSI 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 |
|---|---|---|---|---|---|---|---|---|---|
| 620076BL2 | 4.6% fixed | 2028-02-23 | USD | 100.00 | 4.60% | 45 bp | 13 | $8.2M | Jul 2026 |
| 620076AP4 | 6.5% fixed | 2028-11-15 | USD | 102.96 | 5.20% | 118 bp | 1 | $255K | May 2026 |
| 620076BY4 | 5% fixed | 2029-04-15 | USD | 100.48 | 4.80% | 56 bp | 13 | $9.2M | Jul 2026 |
| 620076BN8 | 4.6% fixed | 2029-05-23 | USD | 99.39 | 4.83% | 58 bp | 18 | $30.5M | Jul 2026 |
| 620076CA5 | 4.85% fixed | 2030-08-15 | USD | 99.29 | 5.05% | 75 bp | 17 | $58.0M | Jul 2026 |
| 620076BT5 | 2.3% fixed | 2030-11-15 | USD | 89.39 | 5.08% | 78 bp | 25 | $39.2M | Jul 2026 |
| 620076BU2 | 2.75% fixed | 2031-05-24 | USD | 89.94 | 5.13% | 81 bp | 19 | $30.2M | Jul 2026 |
| 620076BW8 | 5.6% fixed | 2032-06-01 | USD | 101.68 | 5.26% | 88 bp | 13 | $9.4M | Jul 2026 |
| 620076CB3 | 5.2% fixed | 2032-08-15 | USD | 99.46 | 5.31% | 91 bp | 9 | $31.3M | Jul 2026 |
| 620076BZ1 | 5.4% fixed | 2034-04-15 | USD | 99.19 | 5.53% | 104 bp | 21 | $19.3M | Jul 2026 |
| 620076CC1 | 5.55% fixed | 2035-08-15 | USD | 99.64 | 5.60% | 105 bp | 14 | $56.5M | Jul 2026 |
| 620076BE8 | 5.5% fixed | 2044-09-01 | USD | 92.23 | 6.22% | 121 bp | 4 | $1.2M | 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 | 11 | $292.9M | 99.39 | 5.13% | 81 bp | 25 |
| Jun 2026 | 11 | $558.3M | 100.23 | 4.87% | 66 bp | 47 |
| May 2026 | 12 | $480.3M | 100.89 | 4.88% | 68 bp | 26 |
| Apr 2026 | 11 | $319.4M | 100.83 | 4.74% | 79 bp | 26 |
| Mar 2026 | 11 | $617.3M | 100.69 | 4.77% | 90 bp | 50 |
| Feb 2026 | 12 | $470.4M | 102.76 | 4.37% | 60 bp | 27 |
| Jan 2026 | 11 | $341.9M | 101.93 | 4.50% | 69 bp | 28 |
| Dec 2025 | 11 | $744.2M | 102.02 | 4.54% | 78 bp | 53 |
| Nov 2025 | 11 | $455.3M | 102.10 | 4.51% | 79 bp | 29 |
| Oct 2025 | 11 | $334.9M | 101.97 | 4.47% | 79 bp | 25 |
| Sep 2025 | 11 | $748.0M | 101.91 | 4.51% | 79 bp | 54 |
| Aug 2025 | 11 | $497.2M | 101.89 | 4.52% | 68 bp | 29 |
| Jul 2025 | 11 | $350.1M | 100.69 | 4.78% | 74 bp | 25 |
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. 56 added, 53 cut, 6 new holders and 16 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 | $110.7M | $112.9M | $5.5M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $108.4M | $107.9M | -$3.5M |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $93.2M | $92.2M | -$66K |
| VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $74.7M | $74.4M | -$23.4M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $59.7M | $58.0M | $22.5M |
| Bond Fund John Hancock Sovereign Bond Fund | 2026-05-31 | $61.9M | $56.1M | $0 |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $47.7M | $47.4M | $0 |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $36.2M | $35.7M | -$345K |
| BlackRock Systematic Multi-Strategy Fund BlackRock Funds IV | 2026-06-30 | $32.0M | $32.1M | $0 |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $29.2M | $29.7M | -$9.2M |
| iShares iBoxx $ Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $30.2M | $29.2M | -$1.4M |
| T. Rowe Price New Income Fund, Inc. T. ROWE PRICE NEW INCOME FUND, INC. | 2026-05-31 | $23.7M | $24.1M | $0 |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $24.2M | $23.0M | $14.0M |
| PGIM Total Return Bond Fund Prudential Investment Portfolios, Inc. 17 | 2026-07-31 | $22.8M | $22.0M | $0 |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $18.6M | $19.0M | -$7.6M |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $19.3M | $18.9M | -$1.3M |
| DFA Investment Grade Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $19.9M | $17.8M | $0 |
| PGIM Short-Term Corporate Bond Fund Prudential Short-Term Corporate Bond Fund, Inc. | 2026-06-30 | $17.4M | $17.4M | $0 |
| Schwab 5-10 Year Corporate Bond ETF SCHWAB STRATEGIC TRUST | 2026-06-30 | $15.5M | $15.8M | -$2.5M |
| State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $15.4M | $15.4M | $5.0M |
| Franklin Total Return Fund Franklin Investors Securities Trust | 2026-07-31 | $16.8M | $15.1M | $0 |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $14.2M | $14.4M | $0 |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $13.9M | $13.7M | $382K |
| State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $13.6M | $13.4M | $1.2M |
| VANGUARD CORE BOND FUND VANGUARD MALVERN FUNDS | 2026-06-30 | $12.2M | $12.3M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Loomis Sayles Investment Grade Bond Fund ($20.8M), Sterling Capital Total Return Bond Fund ($2.6M), Empower Core Strategies: Flexible Bond Fund ($1.9M), Empower Multi-Sector Bond Fund ($1.7M), Ambrus Core Bond Fund ($1.5M), STERLING CAPITAL ENHANCED CORE BOND ETF ($1.2M), MEDIUM-DURATION BOND FUND ($1.2M), Loomis Sayles Fixed Income Fund ($1.1M), Putnam Premier Income Trust ($455K), BNY Mellon Asset Allocation Fund ($315K).
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 | 4 | $110.7M | $112.9M | 0.16% |
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 9 | $93.2M | $92.2M | 0.02% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 6 | $59.7M | $58.0M | 0.12% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 11 | $36.2M | $35.7M | 0.03% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 4 | $29.2M | $29.7M | 0.06% |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 2026-05-31 | 5 | $30.2M | $29.2M | 0.10% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 5 | $24.2M | $23.0M | 0.03% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 4 | $18.6M | $19.0M | 0.10% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 6 | $19.3M | $18.9M | 0.09% |
| SCHI Schwab 5-10 Year Corporate Bond ETF | 2026-06-30 | 4 | $15.5M | $15.8M | 0.14% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 3 | $15.4M | $15.4M | 0.14% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 11 | $13.9M | $13.7M | 0.08% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 9 | $13.6M | $13.4M | 0.12% |
| IBDU iShares iBonds Dec 2029 Term Corporate ETF | 2026-07-31 | 2 | $10.0M | $10.0M | 0.25% |
| BSCU Invesco BulletShares 2030 Corporate Bond ETF | 2026-05-31 | 2 | $10.1M | $9.6M | 0.38% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 11.60: safer than 86% of companies (85th percentile in Technology). Market-implied, prices to 2026-10-16, balance sheet 2026-07-04.
| Equity value | $75.95B |
| Debt barrier (short-term + ½ long-term debt) | $4.82B |
| Equity volatility (1 year) | 25.9% |
| Asset value / asset volatility (solved) | $80.57B / 24.4% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 81 bp spread prices in about 1.4% 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 = 4.17 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in MSI'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 | 211 | $1.27B | 0 | — | 0 | — | 0 |
| 2026-06-30 | 1,461 | $59.04B | 16 | $95.2M | 22 | $244.6M | 0 |
| 2026-03-31 | 1,480 | $48.88B | 25 | $146.4M | 21 | $128.2M | 0 |
| 2025-12-31 | 1,394 | $52.82B | 17 | $286.1M | 16 | $106.2M | 0 |
| 2025-09-30 | 1,404 | $63.21B | 15 | $86.5M | 19 | $224.0M | 0 |
| 2025-06-30 | 1,416 | $59.27B | 17 | $115.6M | 19 | $117.2M | 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.