MGIC Investment Corporation bonds MTG
Who owns MGIC Investment 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. MTG 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 |
|---|---|---|---|---|---|---|---|---|---|
| 552848AG8 | 5.25% fixed | 2028-08-15 | USD | 99.85 | 5.33% | 111 bp | 16 | $52.1M | 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 | 1 | $52.1M | 99.85 | 5.33% | 111 bp | 16 |
| Jun 2026 | 1 | $38.4M | 99.87 | 5.31% | 120 bp | 23 |
| May 2026 | 1 | $102.4M | 100.00 | 5.25% | 124 bp | 18 |
| Apr 2026 | 1 | $51.7M | 99.92 | 5.28% | 148 bp | 16 |
| Mar 2026 | 1 | $38.2M | 99.79 | 5.34% | 162 bp | 23 |
| Feb 2026 | 1 | $96.8M | 99.95 | 5.27% | 178 bp | 17 |
| Jan 2026 | 1 | $51.7M | 99.94 | 5.28% | 170 bp | 16 |
| Dec 2025 | 1 | $37.9M | 100.01 | 5.24% | 171 bp | 22 |
| Nov 2025 | 1 | $92.3M | 100.00 | 5.25% | 169 bp | 18 |
| Oct 2025 | 1 | $48.5M | 99.98 | 5.25% | 172 bp | 16 |
| Sep 2025 | 1 | $31.7M | 99.83 | 5.31% | 176 bp | 21 |
| Aug 2025 | 1 | $77.5M | 100.04 | 5.23% | 156 bp | 18 |
| Jul 2025 | 1 | $45.1M | 99.79 | 5.33% | 148 bp | 16 |
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. 11 added, 3 cut, 2 new holders and 1 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Lord Abbett Short Duration Income Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $57.1M | $57.1M | $4.6M |
| NYLIM MacKay High Yield Corporate Bond Fund NYLIM FUNDS | 2026-07-31 | $23.9M | $23.8M | $0 |
| Lord Abbett Income Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $13.0M | $13.0M | $0 |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $8.8M | $8.8M | $0 |
| Fidelity Capital and Income Fund Fidelity Summer Street Trust | 2026-07-31 | $7.7M | $7.7M | $0 |
| Thompson Bond Fund Thompson IM Funds, Inc. | 2026-05-31 | $7.4M | $7.4M | $0 |
| DWS Short Duration Fund DEUTSCHE DWS INCOME TRUST | 2026-06-30 | $7.0M | $7.0M | $0 |
| NYLIM VP MacKay High Yield Corporate Bond Portfolio NYLIM VP FUNDS TRUST | 2026-06-30 | $6.7M | $6.7M | $0 |
| Victory Short-Term Bond Fund Victory Portfolios III | 2026-07-31 | $6.5M | $6.4M | $0 |
| Invesco BulletShares 2028 Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $5.3M | $5.3M | $20K |
| VictoryShares Short-Term Bond ETF Victory Portfolios II | 2026-06-30 | $5.0M | $5.0M | $0 |
| iShares iBonds Dec 2028 Term Corporate ETF iShares Trust | 2026-07-31 | $4.8M | $4.8M | $95K |
| Fidelity Advisor Strategic Income Fund Fidelity Advisor Series II | 2026-06-30 | $4.7M | $4.7M | $0 |
| NYLIM MacKay Short Duration High Income Fund NYLIM FUNDS TRUST | 2026-07-31 | $3.5M | $3.5M | $0 |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $3.4M | $3.4M | $0 |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $3.1M | $3.1M | $335K |
| BlackRock Balanced Fund, Inc. | 2026-05-29 | $2.0M | $2.0M | -$920K |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $1.8M | $1.8M | $0 |
| State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $1.7M | $1.7M | -$83K |
| Lord Abbett Short Duration Core Bond Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $1.6M | $1.6M | new |
| Six Circles Credit Opportunities Fund SIX CIRCLES TRUST | 2026-06-30 | $1.6M | $1.5M | $0 |
| Victory Ultra Short-Term Bond Fund Victory Portfolios III | 2026-07-31 | $1.3M | $1.3M | $0 |
| Lord Abbett Flexible Income Fund | 2026-06-30 | $1.2M | $1.2M | $0 |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $1.2M | $1.2M | $0 |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $1.1M | $1.1M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): F/m 3-Year Investment Grade Corporate Bond ETF ($92K).
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 |
|---|---|---|---|---|---|
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $8.8M | $8.8M | 0.02% |
| BSCS Invesco BulletShares 2028 Corporate Bond ETF | 2026-05-31 | 1 | $5.3M | $5.3M | 0.15% |
| USTB VictoryShares Short-Term Bond ETF | 2026-06-30 | 1 | $5.0M | $5.0M | 0.22% |
| IBDT iShares iBonds Dec 2028 Term Corporate ETF | 2026-07-31 | 1 | $4.8M | $4.8M | 0.12% |
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 1 | $3.4M | $3.4M | 0.00% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $3.1M | $3.1M | 0.01% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 1 | $1.7M | $1.7M | 0.01% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 1 | $1.2M | $1.2M | 0.00% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 1 | $1.1M | $1.1M | 0.00% |
| TAGG T. Rowe Price QM U.S. Bond ETF | 2026-07-31 | 1 | $850K | $849K | 0.04% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 1 | $820K | $819K | 0.00% |
| SKOR FlexShares Credit-Scored US Corporate Bond Index Fund | 2026-07-31 | 1 | $790K | $789K | 0.11% |
| VTC VANGUARD TOTAL CORPORATE BOND ETF | 2026-05-31 | 1 | $475K | $475K | 0.03% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $390K | $390K | 0.00% |
| BKAG BNY Mellon Core Bond ETF | 2026-07-31 | 1 | $350K | $350K | 0.02% |
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 111 bp spread prices in about 1.8% 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 MTG'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 | 60 | $58.2M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 497 | $5.45B | 6 | $33.5M | 1 | $471K | 1 |
| 2026-03-31 | 492 | $4.64B | 8 | $17.6M | 1 | $5K | 1 |
| 2025-12-31 | 516 | $6.27B | 2 | $701K | 4 | $2.0M | 2 |
| 2025-09-30 | 491 | $6.13B | 2 | $4.1M | 4 | $1.5M | 1 |
| 2025-06-30 | 458 | $6.38B | 2 | $523K | 5 | $3.0M | 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.